Abstract
In this part of the study we develop a simple model which characterizes the essential features of Hawaii’s economy and explore the interactions between different economic and demographic variables. The objective is to investigate the alternative growth paths resulting from alternative sets of policies. The projections of export growth developed in chapter 2 provide the inputs for the basic simulation, i.e., the growth path in the absence of a growth policy.KeywordsCapita IncomeExogenous VariableEndogenous VariablePersonal IncomeLabor Force Participation RateThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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