PUBLICATIONS & REPORTS

PUBLICATIONS & REPORTS

Quantitative Information on Foreign Multinationals in Hawaii

Author Eric D. Ramstetter
Date of Publication 1998. 4
No. 1998-06
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Contents Introduction

This paper examines the quantitative information that is available on foreign multinational firms in Hawaii in recent years. The primary purpose of the paper is a very mundane one, to arrange quantitative information on foreign multinationals in Hawaii in a logical and economically meaningful manner so that policy makers can make better informed decisions. In this respect, it is important to note that some of the quantitative information that has heretofore been relied on by policy makers in Hawaii (e.g., State of Hawaii 1995a) is seriously flawed. Namely, quantitative information underlying the estimates in State of Hawaii (1995a) are compiled from published accounts. Consequently, both sampling techniques and the definition of investment employed in the collection of quantitative information are not standard or uniform. This makes the figures that have been published on foreign investment in this publication highly questionable.