UHERO
Working Papers
Financial Integration in the Pacific Basin Region: RIP by PANIC Attack?
We exploit advances in panel data econometrics to test whether real interest parity holds in the Pacific Basin region. We test for a unit root…
Japanese Investment in Hawaii: Past and Future
The volume of Japanese direct investments in Hawaii surged during the late 1980s. This corresponds to the rapid expansion of Japanese overseas investment in general…
Environmental Resources and Economic Growth
This chapter assesses the nature and degree of environmental degradation and resource depletion in China and their relationship to economic activity and environmental policies. We…
Beyond the lamppost: Optimal prevention and control of the Brown Tree Snake in Hawaii
We develop an integrated model for the prevention and control of an invasive species. The generality of the model allows its use for both existing…
Learning-by-catching: Uncertain invasive-species populations and the value of information
This paper develops a model of invasive species control when the species’ population size is unknown. In the face of an uncertain population size, a…
Collusive Duopoly: The Economic Effects of Aloha and Hawaiian Airlines’ Agreement to Reduce Capacity
In the aftermath of the terrorist attacks on September 11, 2001 (9/11), Congress passed the Aviation and Transportation Security Act (ATSA). Section 116, Air Transportation…
The Economic Value of Watershed Conservation
Watershed conservation creates benefits within and beyond the management area of interest. Direct benefits are those realized in the watershed itself, such as improved water…
Economic lessons from control efforts for an invasive species: Miconia calvescens in Hawaii
Once established, invasive species can rapidly and irreversibly alter ecosystems and degrade the value of ecosystem services. Optimal control of an unwanted species solves for…
Labor Market Effects of Employer-Provided Health Insurance
This is an experimental study in economics of mandated benefits. Most individuals who have health insurance in the US obtain it through their employer. Some…