Working Papers

From University of Hawaii at Manoa, Department of Economics
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199304: Canonical Factorization and World Representation of Wide-Sense Stationary Series Under Sampling

Luigi Ermini

199303: Garbage In - Econometrics Out?

Luigi Ermini

199302-R: A Regional Macroeconomic Analysis of North-East China

Luigi Ermini

199301: Can Measurement Errors or Seasonal Adjustments Explain the Negative Autocorrelation of Monthly Consumption Changes?

Luigi Ermini

199206: A Cost-Benefit Analysis of HIV-Antibody Testing For Hospital Patients

Sumner La Croix and Gerard Russo

199205: A Kit of Results For Sampled and Temporally Aggregated Models

Luigi Ermini

199204: The Rationality of Price Level Forecasts: Correct Tests Using Micro Data

Carl Bonham and Richard Cohen

199203: A Benchmark Table For Significance Test in the Class of Adaptive Regression Model

Eric Im

199202: Why East Asian Economies Have Been Sucessful: Some Lessons For Other Developing Countries

Byron Gangnes and Seiji Naya

199201: Japan's Shift From Process to Product Patents in the Pharmaceutical Industry: An Event Study of the Impact on Japanese Firms

Sumner La Croix and Akihiko Kawaura

199125: Can ASEAN Coutries Survive a Hostile Trade Environment? Evidence From Linked Econometric Models

Byron Gangnes

199124: The Impact of the Hotel Room Tax: An Interrupted Time Series Approach

Carl Bonham, Edwin Fujii, Eric Im and James Mak

199123: A Note on a Revisited Permanent-Income Hypothesis

Luigi Ermini

199122: Open Market Operations, Capital Gains, and Federal Reserve Policy in the 1920's

Sumner La Croix and Raburn Williams

199121: Profitability of Industry and Outward Direct Foreign Investment

Kazuo Ogawa and Chung Lee

199120: Recognition and Recoupment of Scarcity Rent as a Means of Financing Local Government

Richard Pollock and James Moncur

199119: Rent Seeking, Wealth Transfers and Water Rights: The Hawaii Case

Richard Bowen, James Moncur and Richard Pollock

199118: Japan's Shift From Process to Product Patents in the Pharmaceutical Industry: An Event Study of the Impact on Japanese Firms

Sumner La Croix and Akihiko Kawaura

199117: Government Intervention in Honolulu's Land Market

Sumner La Croix and Louis Rose

199116: Shock Persistence and Stochastic Trends in Australian Aggregate Output and Consumption

Luigi Ermini

199115: Macro and Industry Effects of Japanese Investment in U.S. Auto Production

Byron Gangnes

199114: Recent Developments in Regional Econometric Modelling

Luigi Ermini

199113: Some Generalizations on the Algebra of I(1) Processes

Luigi Ermini and Clive Granger

199112: Property Rights and Institutional Change During Australia's Gold Rush

Sumner La Croix

199111: Log Income vs. Linear Income: An Application of the Encompassing Principle

Luigi Ermini and David Hendry

199110: Evaluation of Alternative Arrangements for the Provision of Airport Taxi Service

Sumner La Croix, James Mak and Walter Miklius

199109: Closing the Scissors Gap: Reform and the Interface Between Agriculture and Industry

Calla Wiemer and Xingham Zhao

199108: Effects of Transitory Consumption and Temporal Aggregation on Tests of the Permanent Income Hypothesis

Luigi Ermini

199107: An Economic Analysis of Decentralization In China: The Coevolution of Political Order and Property Rights

Sumner La Croix

199106: Forensic Forecasting: Fact of Fiction?

Carl Bonham and Sumner La Croix

199105: Property Rights in Computer Software: Some Comments on the Evolving International Framework

Sumner La Croix

199104: Correct Cointegration Tests of the Long Run Relationship Between Nominal Interest and Inflation

Carl Bonham

199103: Empirical Aspects of Self-Employment

Edwin Fujii and Clifford Lee

199102: The Government and Financial System in the Economic Development of Korea

Chung Lee

199101: On the Durability of Non-Durable Goods: Some Evidence From U.S. Time-Series Data

Luigi Ermini

199030: Taxation of Foreign Real Property Investments in the U.S.: A State Perspective

Marcia Sakai and James Mak

199029: Discount Rates and Earnings Growth Rates in Personal Injury Cases: New Evidence from Time Series Analysis

Sumner La Croix and Carl Bonham

199028: Grain Prices, Land Rent, and Food Self-Sufficiency in China

Calla Wiemer

199027: Land Values and Housing Rents in Urban Japan

Louis Rose

199026: Correct Cointegration Tests of the Long Run Relationship Between Nominal Interest and Inflation

Carl Bonham

199025: External Shocks, Economic Reforms, and the Foreign Trade Behavior of the Soviet Union, China, and Hungary, 1970-1987

Keun Lee and William James

199024: The Demand for Physicians' Services and the Price of Cigarettes

Gerard Russo

199023: Linear Unbiased Estimators as a GLS Class and the Generalized Aitken Theorem as a Corollary

Eric Im and Marcellus Snow

198921: State Government Financing of Tourism Promotion in the U.S

James Mak and Walter Miklius

198920: Rent Seeking, Wealth Transfers and Water Rights: The Case of Hawaii

James Moncur

198919: The Economics of Direct Flights

Edwin Fujii, Eric Im and James Mak

198918: Moral Hazard and Optimal Cigarette Taxation

Gerard Russo

198917: Regulating an Industry With Unknown Costs and Demands

Sumner La Croix and Richard Manning

198916: Government Regulation and the Development of Property Rights During Australia's Gold Rush

Sumner La Croix

198915: Free Agents as Perspicacious Peregrinators: A Comment

Sumner La Croix and Torbern Anderson

198914: Customer Discrimination in Major League Baseball

Sumner La Croix and Torbern Anderson

198913: Minority Pitchers in Major League Baseball: Is There Discrimination by Fans?

Torbern Anderson and Sumner La Croix

198912: Open Market Operations and the Scissors Effect: A Reinterpretation of Monetary Policy in the 1920's

Sumner La Croix and Raburn Williams

198911: Land Values and Housing Rents in Japan (Proposed Running Head - Land and Housing Prices in Japan

Louis Rose

198910: Direct Foreign Investment, Structural Adjustment, and International Division of Labor: A Dynamic Macroeconomic Theory of Direct Foreign Investment

Chung Lee

198909: Culture and Institutions in the Economic Development of Korea

Chung Lee

198908: Agricultural Trade and Development in Asia

Burnham Campbell

198907: Housing Demand and Residential Construction in Thailand

Burnham Campbell and Nipon Poapongsakorn

198906: The Effects of Charging and Financing Modes on Optimal Club Growth Rates

James Moncur and Richard Pollock

198905: The Impact of Reversionary Rules on Land Use in Hawaii: A Property Rights Perspective

Sumner La Croix, James Mak and Michael Sklarz

198904: Perceptions of and Response to Life ExpectanciesThe Intergenerational Distribution of Resources and Income in Japan

Richard Pollock and Jack Suyderhoud

198903-R: The Intergenerational Distribution of Resources and Income in Japan

Andrew Mason, Yoke-Yun Teh, Naohiro Ogawa and Takehiro Fukui

198902: Accounting Induced Distortions in Public Enterprise Pricing

James Moncur and Richard Pollock

198901: Reform & the Constraints on Rural Industrialization in China

Calla Wiemer

198812: Accounting for Mortality of Business Firms in the Estimation of Lost Profits

Peter Garrod and Walter Miklius

198811: Intelsat: A Summary of Recent Policy Analysis and Recommendations

Marcellus Snow

198810: ASEAN-U.S. Trade in Information-Intensive Services: Policy Issues

Marcellus Snow

198809: The Incidence and Exportability of Hotel Room Taxes: Some Further Estimates

James Mak, Eric Im and Mohammed Khaled

198807: Urban Land Price: The Extraordinary Case of Honolulu, Hawaii

Louis Rose and Sumner La Croix

198806: On Transaction Cost Sharing Between Buyer and Seller

Allan Young

198805: Decentralization and Local Public Goods Getting the Incentives Right

James Roumasset

198804: On Vertical Integration, Demand Complementarity, and Social Gain From Merger

Allan Young

198803: Open Market Operations, Gold Flows, and the Scissors Effect: A Reinterpretation of Monetary Policy in the 1920's

Sumner La Croix and Raburn Williams

198802: Firm-Specific Evidence on Racial Wage Differentials and Workforce Segregation in Hawaii's Sugar Industry

Sumner La Croix and Price Fishback

198801: Agency Theory, Agricultural Firms and the New Institutional Economics

James Roumasset