Research and Reports

Identifying Long-run Cointegrating Relations: An Application to the Hawaii Tourism Model

Cointegration analysis has gradually appeared in the empirical tourism literature. However, the focus has been exclusively on the demand side, neglecting supply influences and risking …

The Contribution of the University of Hawai‘i to Hawai‘i’s Economy in 2003

The University of Hawai‘i had its beginnings in 1907 as a college of agriculture and mechanical arts and became the territoryís Land Grant College, a …

Efficient Groundwater Pricing and Intergenerational Welfare: The Honolulu Case

Optimal water usage and pricing programs discussed in literature tend to take for granted the users’ willing to pay higher efficiency prices in order to …

Tax Incentives in Tourism: Hawaii’s Hotel Remodeling and Construction Tax Credits

Fiscal incentives are widely used by governments around the world to attract private investment in “preferred” industries, including tourism. Incentives are often granted to offset …

Aging, Pension Income, and Taxes in Hawaii Report to the State of Hawaii Tax Review Commission

Over the foreseeable future, the number of retirees will grow much more rapidly than the number of workers.  The percentage of Hawaii’s population 65 and …

Environmental Valuation and the Hawaiian Economy

Economic planning and policy analysis are commonly criticized for their failure to properly account for adverse effects of economic development on the environment and other …

Report on the Economic Impact of the University of Hawai’i System December 2000