Carl Bonham is the Executive Director of the University of Hawaii Economic Research Organization (UHERO) and a professor of economics at the University of Hawaii at Manoa. His research interests include macroeconomics, applied econometrics and forecasting, tourism economics, and the Hawaii economy. His recent publications include “Forecasting with Mixed Frequency Factor Models in the Presence of Common Trends” (2013) with Peter Fuleky inMacroeconomic Dynamics, and “Estimating demand elasticities in non-stationary panels: The case of Hawaii tourism” (2014) with Peter Fuleky and Qianxue Zhao in the Annals of Tourism Research. James Mak is a fellow with the University of Hawaii Economic Research Organization. His research interests focus on tourism policy analysis from an economics perspective. He is the author of Tourism and the Economy: Understanding the Economics of Tourism (2004) and Developing a Dream Destination, Tourism and Tourism Policy Planning in Hawaii(2008), both published by the University of Hawaii Press.
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