Economy
Bird’s eye view of COVID-19, mobility, and labor market outcomes across the US
COVID-19 dealt a formidable blow to the US economy. We present a joint analysis of the epidemiological and labor market outcomes across US states. We focus on the relationship across relevant indicators in the pre-vaccination era. As expected, we find strong correlation between changes in economic conditions and mobility. However, mobility fluctuations tend to be […]
Read MoreUHERO Forecast for the State of Hawaii: Recovery resumes, but Omicron looms
Economic recovery resumed with the end of Hawaii’s COVID-19 wave. Now Omicron is a new threat. Renewed international travel restrictions have reduced the near-term visitor outlook, but the eventual return of foreign tourists in 2022 will enable a broader industry upturn. Moderate job gains will continue, although labor shortages, the end of pandemic support, and […]
Read MoreShould Hawaii Levy a Visitor Green Fee to Protect Our Environment?
By James Mak Since the visitor to the Islands unquestionablycontributes significantly to the State’senvironmental problems, he will no doubthave to bear a substantial portion of the outlays needed for their solution. William Baumol1970 IntroductionMore than 50 years ago in 1970 when Hawaii hosted a relatively paltry 1.7 million visitors, Princeton University economist, William Baumol, authored […]
Read MoreBlog: The Importance of Understanding Distance and Scale
By Steven Bond-Smith The economic geography of Hawaii is rather unique in the world. The economy is relatively small compared to other US states. But it is relatively large and advanced compared to many other Pacific economies. The state is extraordinarily isolated geographically, as is well known and appreciated. But it is also extraordinarily connected […]
Read MoreThe Maui County Comprehensive Affordable Housing Plan: Understanding its Pros and Cons and Ideas for How to Improve it
By Carl Bonham and Sumner La Croix A team of 19 planners, engineers, data and policy analysts, attorneys, and community development professionals has developed a comprehensive plan for the development of affordable housing in Maui County. The Maui County Comprehensive Affordable Housing Plan is a major step forward in developing coherent strategies to address Maui […]
Read MoreUHERO Annual Report: Response to COVID-19
By the end of 2020, The University of Hawai‘i Economic Research Organization (UHERO) received $1.2 million in private support to fund critical economic research, and help Hawai‘i on the path to recovery. Donors include HCF, Bank of Hawai‘i Foundation, Kamehameha Schools, First Hawaiian Bank Foundation, DGM Group, Hawaiian Electric Industries Charitable Foundation, Hawai‘i Medical Service […]
Read MoreHawaii Needs to Focus on Developing Good Governance in Managing Tourism
By Paul Brewbaker, Frank Haas, and James Mak In order to develop and apply policies for tourism in destinations, there is usually a requirement for knowledge, thought, the application of power, resources and rules, and also coordination and cooperation among numerous actors. Together, these are the key features of governance. Bill BramwellSheffield Hallem UniversityUK At the […]
Read MoreThe Efficacy of Hawaii COVID-19 Business Mandates
By Ruben Juarez, Alika Maunakea, May Okihiro, and Carl Bonham Despite the national attention around COVID-19 vaccination mandates for businesses, including President Biden’s recent announcement, the actual impacts on vaccination uptake have yet to be reported. In September, two counties in Hawaii implemented mandates for employees in select businesses to be either vaccinated or enroll […]
Read MoreUHERO Forecast for the State of Hawaii: Delta wave swamps tourism, but return to recovery expected
Hawaii’s recovery has experienced a setback with the recent surge in COVID-19. Record virus numbers and preventive policy responses have caused an abrupt tourism pullback and are signalling a near-term decline in overall economic activity. While the Delta wave may now have turned the corner, we are in for a period of weakness before growth […]
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