Few previous studies consider the GHG implications of biofuels in electricity generation. Yet, the biofuels have become a key replacement for residual petroleum fuel and LNG in stationary power in Hawai‘i. This stems from isolated island grid and heavy dependence on imported oil,...

The paper provides a methodology for considering the carrying capacity and limits to growth of a labor-constrained mature tourism destination. A computable general equilibrium model is used to examine the impacts of visitor expenditure growth and labor migration on Hawai‘i's economy. Impacts...

China's rapid economic growth has generated a surge in energy demand that is reallocating global fuel balances. We employ a global energy computable general-equilibrium model to analyze alternative scenarios for economic growth, Chinese currency appreciation, and oil price shocks, with a special...

We analyze the impact of economic integration on the activities of multinational enterprises in a general equilibrium model with asymmetric countries. Foreign direct investment (FDI) inflows are likely only to the extent that multinationals have not already shifted production to the integrating...

This paper analyzes the national social welfare effects of taxation on direct foreign investment (DFI) income from the operations of a multinational enterprise (MNE). This paper is unique as it both treats DFI as endogenous to tax policy and considers rival governments strategic behavior in the...

Preferential trade liberalization has gained more support in recent years from developed and developing countries, with the former hoping that such liberalization will attract more foreign investment. However, the mechanisms by which FDI inflows might increase (if at all) are poorly understood....

The paper provides a methodology for considering the carrying capacity and limits to growth of a labor-constrained mature tourism destination. A computable general equilibrium model is used to examine the impacts of visitor expenditure growth and labor migration on Hawai'i's economy. Impacts on...