UHERO
Economy
UHERO’s Byron Gangnes to be featured at HEA webinar
On Thursday, March 28, UHERO’s Byron Gangnes will join First Hawaiian Bank’s Steve Rodgers in a webinar hosted by the Hawaii Economic Association to discuss…
The Gender Pay Gap in Hawaii
By Rachel Inafuku In recognition of International Women’s Day, which was recently celebrated on March 8, UHERO wishes to underscore the importance of women in…
UHERO Forecast for the State of Hawaiʻi: Near-term slowing expected as pandemic recovery ends
Hawaii’s economy has been sustained by a resilient US and the gradual return of international visitors. With the Islands’ post-pandemic recovery now largely complete, the…
The supply side: AI, immigration, and non-inflationary growth
By Byron Gangnes Home from last week’s National Association for Business Economics Policy Conference in Washington DC. Not surprisingly, many of the sessions ended up…
Combining agglomeration economies and endogenous growth without scale effects
Abstract: Increasing returns to scale is essential to both spatial economics and macroeconomic growth. Spatial externalities imply external local increasing returns that generate an uneven…
Could the markets be right about coming Fed rate cuts?
By Byron Gangnes There is a marked difference between what Fed officials expect about their likely rate cuts this year and what the financial markets…
Economic Impact of the Natural Energy Laboratory Hawaii Authority Tenants on the State of Hawaii in 2022
NELHA contracted the University of Hawaii Economic Research Organization (UHERO) to estimate its economic impact on the State of Hawaii. Specifically, this research determined NELHA’s…
UHERO Forecast for the State of Hawaiʻi: State facing headwinds as Maui recovery begins
Hawaii’s economy has been resilient in the face of weakening US and global economies, high interest rates, and the glacial return of Japanese travelers. Deceleration…
Ecological Economics and the Circular Economy
By Kimberly Burnett, James Roumasset, and Christopher Wada The Circular Economy In 1969, Belgian industrial designers Paul Jorion and Jacques Braijt proposed the circular concept…