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The effects of the pandemic on the economy of Hawaii

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  • Steven Bond-Smith
  • Peter Fuleky

Abstract

Hawaii was vulnerable to the COVID-19 pandemic due to its reliance on tourism. This article analyzes the pandemic’s economic impact in Hawaii by comparing outcomes with the pre-pandemic forecast. We explain why Hawaii’s experience differed from other states, suggest reasons for a slow recovery, and discuss the pandemic’s lasting effects.

Suggested Citation

  • Steven Bond-Smith & Peter Fuleky, 2023. "The effects of the pandemic on the economy of Hawaii," Current Issues in Tourism, Taylor & Francis Journals, vol. 26(23), pages 3846-3852, December.
    • Handle: RePEc:taf:rcitxx:v:26:y:2023:i:23:p:3846-3852
    DOI: 10.1080/13683500.2022.2151875
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    References listed on IDEAS

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    1. Peter Fuleky, 2022. "Nowcasting the trajectory of the COVID-19 recovery," Applied Economics Letters, Taylor & Francis Journals, vol. 29(11), pages 1037-1041, June.
    2. Eugene Tian & James Mak & PingSun Leung, 2011. "The Direct and Indirect Contributions of Tourism to Regional GDP: Hawaii," Working Papers 2011-5, University of Hawaii Economic Research Organization, University of Hawaii at Manoa, revised Sep 2011.
    3. Steven Bond-Smith, 2021. "The unintended consequences of increasing returns to scale in geographical economics [Investing for prosperity: skills, infrastructure and innovation]," Journal of Economic Geography, Oxford University Press, vol. 21(5), pages 653-681.
    4. Steven C Bond-Smith & Philip McCann, 2020. "A multi-sector model of relatedness, growth and industry clustering [Distance to frontier, selection, and economic growth]," Journal of Economic Geography, Oxford University Press, vol. 20(5), pages 1145-1163.
    5. Christopher Huckfeldt, 2022. "Understanding the Scarring Effect of Recessions," American Economic Review, American Economic Association, vol. 112(4), pages 1273-1310, April.
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    8. Fotiadis, Anestis & Polyzos, Stathis & Huan, Tzung-Cheng T.C., 2021. "The good, the bad and the ugly on COVID-19 tourism recovery," Annals of Tourism Research, Elsevier, vol. 87(C).
    9. Albert Assaf & Raffaele Scuderi, 2020. "COVID-19 and the recovery of the tourism industry," Tourism Economics, , vol. 26(5), pages 731-733, August.
    10. Daniel J. Lewis & Karel Mertens & James H. Stock & Mihir Trivedi, 2022. "Measuring real activity using a weekly economic index," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(4), pages 667-687, June.
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    Cited by:

    1. Steven Bond-Smith, 2024. "Diversifying Hawai‘i's Specialized Economy: A Spatial Economic Perspective," Economic Development Quarterly, , vol. 38(1), pages 40-59, February.

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