The Impact of Same-Sex Marriage on Hawaii's Economy and Government: An Update After the U.S. Supreme Court's Same-Sex Marriage Decisions
AbstractThis report provides an update on the potential impact of marriage equality in Hawai'i on the stateâ€™s economy in light of the U.S. Supreme Courtâ€™s recent DOMA and Proposition 8 decisions. We find that marriage equality is likely to lead to substantial increases in Hawai'i visitor arrivals, visitor spending, and state and county general excise tax revenues due to pent-up demand for same-sex marriage. Over the 2014-2016 period, we estimate that additional visitor spending due to marriage equality would amount to $217 million. The additional gains in visitor spending are time-sensitive: Spending by U.S. same-sex couples and their guests on honeymoons and marriages will be diverted to other states until Hawai'i recognizes marriage equality.
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Bibliographic InfoPaper provided by University of Hawaii at Manoa, Department of Economics in its series Working Papers with number 201312.
Length: 19 pages
Date of creation: Jul 2013
Date of revision:
Find related papers by JEL classification:
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
- K36 - Law and Economics - - Other Substantive Areas of Law - - - Family and Personal Law
- I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-08-10 (All new papers)
- NEP-DEM-2013-08-10 (Demographic Economics)
- NEP-PBE-2013-08-10 (Public Economics)
- NEP-TUR-2013-08-10 (Tourism Economics)
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