CV

Curriculum vitae

Complete record of experience, qualifications, publications, grants, talks, teaching, and service.

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Steven Bond-Smith

Economist, Associate Director, and Associate Professor
University of Hawaiʻi Economic Research Organization (UHERO), University of Hawaiʻi at Mānoa

Saunders Hall, 2424 Maile Way, Honolulu, HI 96822, United States
bondsmit@hawaii.edu · ORCID 0000-0003-2500-1782

Steven Bond-Smith is the Associate Director and an Associate Professor at UHERO, University of Hawaiʻi at Mānoa. He is a co-editor of Spatial Economic Analysis and a Productivity Fellow at The Productivity Institute in the United Kingdom. His research advances theoretical, empirical, and policy insights in spatial economics, productivity, and regional development, with publications in the Journal of Economic Geography, Journal of Regional Science, Cities, Urban Studies, and Economic Development Quarterly, among others.

Beyond scholarship, he contributes to policy development and economic discourse. He serves on Hawaiʻi's State Planning Act Task Force, the Tourism and Gaming Working Group, the Oʻahu Workforce Development Board, and the United Kingdom Department for Transport's Shadow Joint Analysis Development Panel, advising on economic development, infrastructure, and growth. His work is covered by local, national, and international media, including The New York Times, AP News, the Star Advertiser, and The Australian.

Experience

Employment

2026–Present
Associate Director, University of Hawaiʻi Economic Research Organization (UHERO), University of Hawaiʻi at Mānoa.
2026–Present
Associate Professor, with tenure, UHERO, University of Hawaiʻi at Mānoa.
2022–Present
Co-editor, Spatial Economic Analysis.
2021–2026
Assistant Professor, tenure track, UHERO, University of Hawaiʻi at Mānoa.
2020–2021
Senior Research Fellow, Bankwest Curtin Economics Centre (BCEC), and Department of Economics, Curtin University, Australia.
2016–2020
Research Fellow, BCEC and Department of Economics, Curtin University, Australia.
2014–2016
Economist, Australian Energy Market Commission (energy market regulator).
2014
Senior Research Officer, TransGrid (electricity transmission network business).
2009–2012
Economist, Covec (economics consultancy).
2010
Teaching Assistant, Department of Economics, University of Waikato, New Zealand.
2007–2009
Regulatory Manager, Orcon (telecommunications service provider).
2007
Consultant, Deloitte.
2006
Teaching Assistant, Department of Economics, and Department of Strategic Management, University of Waikato, New Zealand.
2005–2006
Policy Analyst, telecommunications policy, Ministry of Economic Development, New Zealand Government.

Affiliations and visiting positions

2025–Present
Productivity Fellow, The Productivity Institute, United Kingdom.
2021–Present
Adjunct Senior Research Fellow, Bankwest Curtin Economics Centre (BCEC) and Department of Economics, Curtin University, Australia.
2020–Present
Research Associate, Centre for Applied Macroeconomic Analysis, Australian National University.
2013
Visiting Researcher, Australian National University.
2012–2013
Visiting Researcher, London School of Economics.
2011
Visiting Researcher, VU University Amsterdam.
2011
Visiting Researcher, University of Groningen.

Boards and committees

2026–Present
Board Member, Oʻahu Workforce Development Board.
2025–Present
Tourism and Gaming Working Group, State of Hawaiʻi.
2025–Present
Hawaiʻi State Planning Act Phase 2 Task Force, State of Hawaiʻi.
2024–Present
Shadow Joint Analysis Development Panel, Department for Transport, United Kingdom.
2007–2009
Board of Directors, Internet Service Providers Association of New Zealand.
2007–2009
Unbundled Services Working Parties, and Number Management Committee, Telecommunications Carriers Forum (TCF), New Zealand.

Education

2015
Ph.D. in Economics, University of Waikato, New Zealand.
Committee: Jacques Poot (chair), Philip McCann, and Les Oxley.
External examiners: Martin Richardson (Australian National University) and Henri de Groot (Vrije Universiteit Amsterdam).
2009
Master of Management Studies, Economics, 1st Class Honors, equivalent to summa cum laude, University of Waikato, New Zealand.
Dissertation supervisor: Philip McCann.
2006
Bachelor of Management Studies with Honors, Economics, 1st Class Honors, equivalent to summa cum laude, University of Waikato, New Zealand.
Honors dissertation supervisor: Philip McCann.

Publications

Journal articles

  1. Bond-Smith, S. and Lee, Y. “Reassessing regional club convergence with income adjusted for subnational price variation,” Papers in Regional Science, Forthcoming.
  2. Bond-Smith, S. and Lee, Y. “Estimating a CPI-based regional price parity index for US cities,” Urban Studies, 2026. doi:10.1177/00420980261457721
  3. Bond-Smith, S. and Lyons, M. “The inter-regional economic impact of the reduction in tourism following the Maui wildfires,” Economics of Disasters and Climate Change, vol. 10, art. 14, 2026. doi:10.1007/s41885-026-00194-y
  4. Bond-Smith, S. and McCann, P. “Shadows and donuts: The work-from-home revolution and the performance of cities,” Journal of Regional Science, vol. 65, no. 5, pp. 1401-1422, 2025. doi:10.1111/jors.70008
  5. Bond-Smith, D., Bond-Smith, S., and Juarez, R. “Rural health disparities: Evidence from Hawaiʻi,” Annals of Regional Science, vol. 74, no. 68, 2025. doi:10.1007/s00168-025-01391-5
  6. Bond-Smith, S. and Ilamkar, S. “Finding opportunities to diversify regional economies with lessons for policy from a case study on Hawaiʻi,” Reaching Regions, vol. 1, no. 2, 2025. doi:10.31274/rreg.18310
  7. Bond-Smith, S. “Combining agglomeration economies and endogenous growth without scale effects,” Spatial Economic Analysis, vol. 19, no. 3, pp. 287-308, 2024. doi:10.1080/17421772.2023.2280106
  8. Bond-Smith, S. and Leishman, C. “Threshold regressions for more objective urban and regional policies,” Cities, vol. 149, art. 104925, 2024. doi:10.1016/j.cities.2024.104925
  9. Bond-Smith, S. “Diversifying Hawaiʻi's specialized economy: A spatial economic perspective,” Economic Development Quarterly, vol. 38, no. 1, pp. 40-59, 2024. doi:10.1177/08912424231183941
  10. Bond-Smith, S. and Fuleky, P. “The effects of the pandemic on the economy of Hawaiʻi,” Current Issues in Tourism, vol. 26, no. 23, pp. 3846-3852, 2023. doi:10.1080/13683500.2022.2151875
  11. Bond-Smith, S. “Discretely innovating: The effect of limited market contestability on innovation and growth,” Scottish Journal of Political Economy, vol. 69, no. 3, pp. 301-327, 2022. doi:10.1111/sjpe.12306
  12. Bond-Smith, S. “The unintended consequences of increasing returns to scale in geographical economics,” Journal of Economic Geography, vol. 21, no. 5, pp. 653-681, 2021. doi:10.1093/jeg/lbab023
  13. Bond-Smith, S. and McCann, P. “A multi-sector model of relatedness, growth and industry clustering,” Journal of Economic Geography, vol. 20, no. 5, pp. 1145-1163, 2020. doi:10.1093/jeg/lbz031
  14. Bond-Smith, S. “The decades-long dispute over scale effects in the theory of economic growth,” Journal of Economic Surveys, vol. 33, no. 5, pp. 1359-1388, 2019. doi:10.1111/joes.12329
  15. Bond-Smith, S. “The impact of compatibility on innovation in markets with network effects,” Economics of Innovation and New Technology, vol. 28, no. 8, pp. 816-840, 2019. doi:10.1080/10438599.2018.1563936
  16. Bond-Smith, S., McCann, P., and Oxley, L. “A regional model of endogenous growth without scale assumptions,” Spatial Economic Analysis, vol. 13, no. 1, pp. 5-35, 2018. doi:10.1080/17421772.2018.1392038

Other peer-reviewed publications

  1. Bond-Smith, S. “Building resilient island economies: Policy design lessons from Hawaiʻi,” Competition and Regional Economic Integration Challenges for Small Island Economies Conference Proceedings, Autorité de la concurrence de la Nouvelle-Calédonie, Forthcoming.
  2. Bond-Smith, S., Leishman, C., Liang, W., Long, J., Maclennan, D., and Rowley, S. “Relationships between metropolitan, satellite and regional city size, spatial context and economic productivity,” AHURI Final Report No. 357, Australian Housing and Urban Research Institute Limited, Melbourne, 2021. doi:10.18408/ahuri31222
  3. Bond-Smith, S. and McCann, P. “Incorporating space in the theory of endogenous growth: Contributions from the New Economic Geography,” in Fischer, M. and Nijkamp, P., Handbook of Regional Science, Springer, 2014. Second edition 2020. doi:10.1007/978-3-642-23430-9_14

Under review or revision

  1. Bond-Smith, D., Bond-Smith, S., and Juarez, R. “The impact of rurality on healthcare utilization and barriers to accessing healthcare in Hawaiʻi,” Revisions requested at BMC Health Services.
  2. Bond-Smith, S., Arbabi, H., Hsu, M-W., and McCann, P. “Urban scaling as spatial equilibrium,” Revisions requested at Spatial Economic Analysis.
  3. Bond-Smith, S. and Schwartz, E. “Priced in or priced out, left behind or thriving: A price-income decomposition of US intercity migration,” Revisions requested at Cities.
  4. Bond-Smith, S. and Schwartz, E. “Measuring the real economic performance of US states: A comparative assessment of deflation methods,” Under review.
  5. Bond-Smith, S. and Lee, Y. “Adjusting for cost-of-living differences in regional measures of economic distress,” Revisions requested at Economic Development Quarterly.
  6. Bond-Smith, S. and Sweeney, N. “Agglomeration, growth, and skill sorting shadows: Transport infrastructure in a system-of-cities,” Under review for a special issue.
  7. Bjerke, L., Bond-Smith, S., McCann, P., and Mellander, C. “Work-from-home, relocation, and shadow effects: Evidence from Sweden,” Working paper. Available as a working paper from UHERO and The Productivity Institute.
  8. Bond-Smith, S., Nguyen, T., and Phan, D.-A. “The effects of internal migration on manufacturing firms: Evidence from Vietnam,” Under review.

Journal editorials

  1. Fratesi, U., Abreu, M., Bond-Smith, S., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., Ioramashvili, C., Kekezi, O., Kopczewska, K., Monastiriotis, V., Piras, G., Quatraro, F., Ravazzolo, F., Shuai, S., Tranos, E., Tsiotas, D., Yu, D., and Yu, J. “20 years of Spatial Economic Analysis: Evolution, achievements and perspectives on the field,” Spatial Economic Analysis, vol. 21, no. 1, pp. 1-10, 2026. doi:10.1080/17421772.2026.2655044
  2. Fratesi, U., Abreu, M., Bond-Smith, S., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., Ioramashvili, C., Kopczewska, K., Monastiriotis, V., Piras, G., Quatraro, F., Ravazzolo, F., Tranos, E., Tsiotas, D., and Yu, J. “Spatial economic analysis in a globalized world,” Spatial Economic Analysis, vol. 20, no. 4, pp. 559-564, 2025. doi:10.1080/17421772.2025.2590297
  3. Fratesi, U., Abreu, M., Bond-Smith, S., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., Ioramashvili, C., Kopczewska, K., Monastiriotis, V., Piras, G., Quatraro, F., Ravazzolo, F., Tranos, E., Tsiotas, D., and Yu, J. “New theoretical, methodological and empirical contributions to spatial economics,” Spatial Economic Analysis, vol. 20, no. 3, pp. 363-367, 2025. doi:10.1080/17421772.2025.2545117
  4. Fratesi, U., Abreu, M., Bond-Smith, S., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., Ioramashvili, C., Kopczewska, K., Monastiriotis, V., Piras, G., Quatraro, F., Ravazzolo, F., Tranos, E., Tsiotas, D., and Yu, J. “The urban dimension in spatial development: Contributions from spatial economics,” Spatial Economic Analysis, vol. 20, no. 2, pp. 169-174, 2025. doi:10.1080/17421772.2025.2501859
  5. Fratesi, U., Abreu, M., Bond-Smith, S., Corrado, L., Ditzen, J., Felsenstein, D., Franklin, R.S., Fuerst, F., Monastiriotis, V., Piras, G., Quatraro, F., Ravazzolo, F., Tranos, E., Tsiotas, D., and Yu, J. “Spillovers and small spatial scale analyses: Contributions from spatial economics,” Spatial Economic Analysis, vol. 20, no. 1, pp. 1-7, 2025. doi:10.1080/17421772.2025.2466304
  6. Fratesi, U., Abreu, M., Bond-Smith, S., Corrado, L., Ditzen, J., Felsenstein, D., Franklin, R.S., Fuerst, F., Monastiriotis, V., Piras, G., Quatraro, F., Ravazzolo, F., Tranos, E., Tsiotas, D., and Yu, J. “Location and spatial specificities: Contributions from spatial economics,” Spatial Economic Analysis, vol. 19, no. 4, pp. 521-526, 2024. doi:10.1080/17421772.2024.2430906
  7. Bond-Smith, S., Corrado, L., Felsenstein, D., and Elhorst, P. “Spatial macroeconomics,” Spatial Economic Analysis, vol. 19, no. 3, pp. 273-286, 2024. Editorial for the special issue on spatial macroeconomics. doi:10.1080/17421772.2024.2364527
  8. Fratesi, U., Elhorst, P., Abreu, M., Amaral, P., Bhattacharjee, A., Bond-Smith, S., Chasco, C., Corrado, L., Ditzen, J., Felsenstein, D., Franklin, R.S., Fuerst, F., Monastiriotis, V., Piras, G., Quatraro, F., Ravazzolo, F., Tranos, E., Tsiotas, D., and Yu, J. “The inextricable nature of space and economy,” Spatial Economic Analysis, vol. 19, no. 2, 2024. doi:10.1080/17421772.2024.2352306
  9. Elhorst, P., Fratesi, U., Abreu, M., Amaral, P., Bhattacharjee, A., Bond-Smith, S., Chasco, C., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., Monastiriotis, V., Quatraro, F., Temursho, U., Tsiotas, D., and Yu, J. “Raising the Bar (final),” Spatial Economic Analysis, vol. 18, no. 4, 2023. doi:10.1080/17421772.2023.2252691
  10. Elhorst, P., Abreu, M., Amaral, P., Bhattacharjee, A., Bond-Smith, S., Chasco, C., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., Monastiriotis, V., Quatraro, F., Temursho, U., Tsiotas, D., and Yu, J. “Raising the Bar (25),” Spatial Economic Analysis, vol. 18, no. 3, 2023. doi:10.1080/17421772.2023.2216515
  11. Elhorst, P., Abreu, M., Amaral, P., Bhattacharjee, A., Bond-Smith, S., Chasco, C., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., Monastiriotis, V., Quatraro, F., Temursho, U., Tsiotas, D., and Yu, J. “Raising the Bar (24),” Spatial Economic Analysis, vol. 18, no. 2, 2023. doi:10.1080/17421772.2023.2184037
  12. Elhorst, P., Abreu, M., Amaral, P., Bhattacharjee, A., Bond-Smith, S., Chasco, C., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., Monastiriotis, V., Quatraro, F., Temursho, U., Tsiotas, D., and Yu, J. “Raising the Bar (23),” Spatial Economic Analysis, vol. 18, no. 1, 2023. doi:10.1080/17421772.2023.2149974
  13. Elhorst, P., Abreu, M., Amaral, P., Bhattacharjee, A., Bond-Smith, S., Chasco, C., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., McCann, P., Monastiriotis, V., Quatraro, F., Temursho, U., Tsiotas, D., and Yu, J. “Raising the Bar (22),” Spatial Economic Analysis, vol. 17, no. 4, 2022. doi:10.1080/17421772.2022.2125177
  14. Elhorst, P., Abreu, M., Amaral, P., Bhattacharjee, A., Bond-Smith, S., Chasco, C., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., McCann, P., Monastiriotis, V., Quatraro, F., Temursho, U., Tsiotas, D., and Yu, J. “Raising the Bar (21),” Spatial Economic Analysis, vol. 17, no. 3, 2022. doi:10.1080/17421772.2022.2088660
  15. Elhorst, P., Abreu, M., Amaral, P., Bhattacharjee, A., Bond-Smith, S., Chasco, C., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., McCann, P., Monastiriotis, V., Quatraro, F., Temursho, U., and Yu, J. “Raising the Bar (20),” Spatial Economic Analysis, vol. 17, no. 2, 2022. doi:10.1080/17421772.2022.2053402
  16. Elhorst, P., Abreu, M., Amaral, P., Bhattacharjee, A., Bond-Smith, S., Chasco, C., Corrado, L., Ditzen, J., Felsenstein, D., Fuerst, F., McCann, P., Monastiriotis, V., Quatraro, F., Temursho, U., and Yu, J. “Raising the Bar (19),” Spatial Economic Analysis, vol. 17, no. 1, 2022. doi:10.1080/17421772.2022.2018168

Research Reports

  1. Bond-Smith, S. “What if Honolulu upzoned everywhere? Lessons for solving a housing crisis from Aotearoa,” UHERO Brief, University of Hawaiʻi Economic Research Organization (UHERO), September 10, 2026.
  2. Bond-Smith, S. and Schwartz, E. “Beyond the price of paradise: Is Hawaiʻi being left behind?,” UHERO Report, University of Hawaiʻi Economic Research Organization (UHERO), Supported by the Hawaiʻi Business Roundtable, February 1, 2026.
  3. Bonham, C.S., Bond-Smith, S., Fuleky, P., Tyndall, J., Moore, D., Gordner, T., Kim, E., and Essaidi, H. “An economic analysis of the proposal to phase out transient vacation rentals in Maui County apartment districts,” UHERO Report, University of Hawaiʻi Economic Research Organization (UHERO), Prepared for the Hawaiʻi Community Foundation, March 31, 2025.
  4. Bond-Smith, D., Bond-Smith, S., and Juarez, R. “Rural health disparities in Hawaiʻi,” UHERO Report, University of Hawaiʻi Economic Research Organization (UHERO), Prepared for the University of Hawaiʻi Rural Health Policy Research Center, August 25, 2024.
  5. Bond-Smith, S. and Ilamkar, S. “Potential opportunities to diversify the economy of Hawaiʻi,” UHERO Report, University of Hawaiʻi Economic Research Organization (UHERO), July 2, 2024. Publicity value US$375,610; ad value US$125,203.
  6. Bond-Smith, S. and Bond-Smith, D. “How does Hawaiʻi's economic geography affect its healthcare industry?,” UHERO Report, University of Hawaiʻi Economic Research Organization (UHERO), Prepared for the University of Hawaiʻi Rural Health Policy Research Center, April 22, 2024.
  7. Bond-Smith, S., Bond-Smith, D., Bonham, C.S., Bremer, L., Burnett, K., Coffman, M., Fuleky, P., Gangnes, B., Inafuku, R., Juarez, R., La Croix, S., Moore, C., Moore, D., Tarui, N., Tyndall, J., and Wada, C. “After the Maui wildfires: The road ahead,” UHERO Report, University of Hawaiʻi Economic Research Organization (UHERO), August 31, 2023.
  8. Bond-Smith, S., Bonham, C.S., Burnett, K., and Wada, C. “The economic impact of astronomy in Hawaiʻi: 2019 update,” UHERO Report, University of Hawaiʻi Economic Research Organization (UHERO), April 1, 2022. 24 media items; calculated publicity value US$37,710.
  9. Bond-Smith, S. “The effects of the pandemic on the economy of Hawaiʻi,” UHERO Report, University of Hawaiʻi Economic Research Organization (UHERO), Prepared for the State of Hawaiʻi Department of Budget and Finance, February 1, 2022. Not publicly available.
  10. Bond-Smith, S. “Location, location, location: A uniquely Hawaiʻi economic development strategy,” UHERO Research Brief, University of Hawaiʻi Economic Research Organization (UHERO), April 1, 2021. 4 media items; ad value US$6,372.
  11. Bond-Smith, S., Kiely, D., and Salazar, S. “Agriculture in WA: Update,” BCEC Research Brief, Bankwest Curtin Economics Centre, December 1, 2020.
  12. Bond-Smith, S., Cassells, R., Duncan, A., Mavisakalyan, A., Salazar, S., Sandoval-Guzman, M., Seymour, R., and Twomey, C. “Green shoots: Opportunities to grow a sustainable WA economy,” BCEC Focus on Industry Series, No. 5, Bankwest Curtin Economics Centre, 2020. 218 media items; AU$154,563 ASR.
  13. Bond-Smith, S. and Cassells, R. “Analysis of costs and savings of reforms to higher education,” BCEC Research Brief, COVID-19 Insights, No. 8, Bankwest Curtin Economics Centre, 2020. 2 media items; AU$27,796 ASR.
  14. Bond-Smith, S., Dockery, A.M., Duncan, A., Kiely, D., and Salazar, S. “Future-proofing the WA economy: A roadmap to industrial diversification and regional growth,” BCEC Focus on Industry Series, No. 4, Bankwest Curtin Economics Centre, 2019. Project leader. 45 media items; AU$2,396,453 ASR.
  15. Bond-Smith, S., Duncan, A., Mavisakalyan, A., Seymour, R., and Tarverdi, Y. “To health and happiness: WA's health industry future,” BCEC Focus on Industry Series, No. 3, Bankwest Curtin Economics Centre, 2018. 58 media items; AU$85,638 ASR.
  16. Bond-Smith, S., Duncan, A., Kiely, D., and Salazar, S. “Falling through the net: The digital divide in Western Australia,” BCEC Focus on Western Australia Series, No. 11, Bankwest Curtin Economics Centre, 2018. 51 media items; AU$76,956 ASR.
  17. Bond-Smith, S., Duncan, A., Kiely, D., Leong, K., Nguyen, H., and Ong, R. “The engine room for growth? The role, performance and future prospects of small business in Western Australia,” BCEC Focus on Western Australia Series, No. 9, Bankwest Curtin Economics Centre, 2017. 48 media items; AU$108,939 ASR.
  18. Bond-Smith, S., Duncan, A., Nguyen, H., Kiely, D., and Leong, K. “From paddock to plate: WA's potential in agriculture and agribusiness,” BCEC Focus on Industry Series, No. 1, Bankwest Curtin Economics Centre, 2016. 26 media items; AU$82,010 ASR.
  19. Bond-Smith, S., Cassells, R., Duncan, A., Kiely, D., and Tarverdi, Y. “Positioned for an ideas boom? Productivity and innovation in Australia,” BCEC Focus on the States Series, No. 4, Bankwest Curtin Economics Centre, 2016. AU$17,000 ASR.

Forecast Reports and Economic Commentary

  1. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Gordner, T., Inafuku, R., Park, J.Y., Tyndall, J., Pepino, V., Prager, E., and Munoz, R. “War brings more stormy weather to Hawaiʻi,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), May 15, 2026.
  2. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Inafuku, R., Tyndall, J., and Pepino, V. “Hawaiʻi moves beyond recession, but slowly,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), February 27, 2026.
  3. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Inafuku, R., Gordner, T., and Pepino, V. “Mild recession and weak recovery in 2026,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), December 12, 2025.
  4. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Inafuku, R., Gordner, T., and Pepino, V. “Deteriorating US outlook weighs on Hawaiʻi prospects,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), September 26, 2025.
  5. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Essaidi, H., and Cailao, J.A.M. “Slowing US economy turns Kauaʻi outlook negative,” UHERO Forecast for the County of Kauaʻi, University of Hawaiʻi Economic Research Organization (UHERO), May 19, 2025.
  6. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Gordner, T., Essaidi, H., and Cailao, J.A.M. “Federal policies push Hawaiʻi toward mild recession,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), May 9, 2025.
  7. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Essaidi, H., and Cailao, J.A.M. “Federal cuts raise risk of Hawaiʻi downturn,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), February 28, 2025.
  8. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Essaidi, H., Cailao, J.A.M., and Driggers, J. “Outlook more uncertain as federal policy changes loom,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), December 13, 2024.
  9. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Essaidi, H., and Cailao, J.A.M. “Lagging Maui recovery and a slower speed limit for Hawaiʻi growth,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), September 20, 2024.
  10. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Rahman, A., and Driggers, J. “Growth slowing on Kauaʻi,” UHERO Forecast for the County of Kauaʻi, University of Hawaiʻi Economic Research Organization (UHERO), May 23, 2024.
  11. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Rahman, A., and Driggers, J. “Expansion intact, but counties poised for slower growth,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), May 10, 2024.
  12. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., and Rahman, A. “Near-term slowing expected as pandemic recovery ends,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), February 23, 2024.
  13. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Johnson, M., and Rahman, A. “State facing headwinds as Maui recovery begins,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), December 15, 2023.
  14. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Johnson, M., and Rahman, A. “Maui fires deliver blow to the Valley Isle outlook,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), September 22, 2023.
  15. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., and Rahman, A. “Declining US outlook is a rising risk for Kauaʻi,” UHERO Forecast for the County of Kauaʻi, University of Hawaiʻi Economic Research Organization (UHERO), May 26, 2023.
  16. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Miller, L., and Rahman, A. “Promise and peril for the Hawaiʻi economy,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), May 8, 2023.
  17. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Rahman, A., and Shresta, S. “A Hawaiʻi soft landing still in the cards,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), March 10, 2023.
  18. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Rahman, A., Shresta, S., Katayama, A., and Tran, A. “Global inflation fight will pause Hawaiʻi growth,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), December 16, 2022.
  19. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., and Rahman, A. “US recession will weigh on Hawaiʻi's recovery,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), September 23, 2022.
  20. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Alford, I., Rahman, A., Mclaughlan, J., and Hwang, K. “Foreign visitors will provide boost, but risks have risen,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), May 12, 2022.
  21. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Alford, I., Rahman, A., Mclaughlan, J., and Hwang, K. “With Omicron in the rearview mirror, a clearer road ahead?,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), March 6, 2022.
  22. Bonham, C.S., Gangnes, B., Bond-Smith, S., Fuleky, P., Tyndall, J., Inafuku, R., Alford, I., Rahman, A., and Gabatino, T. “Recovery resumes, but Omicron looms,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), December 17, 2021.
  23. Bonham, C.S., Gangnes, B., Fuleky, P., Bond-Smith, S., Garboden, P., Tyndall, J., Inafuku, R., Alford, I., Rahman, A., and Gabatino, T. “Delta wave swamps tourism, but return to recovery expected,” UHERO Forecast for the State of Hawaiʻi, University of Hawaiʻi Economic Research Organization (UHERO), September 24, 2021.
  24. Bond-Smith, S., Cassells, R., Duncan, A., and Salazar, S. “BCEC Quarterly Economic Commentary, Issue 13,” BCEC Quarterly Economic Commentary, Bankwest Curtin Economics Centre, June 1, 2021. AU$2,907 ASR.
  25. Bond-Smith, S., Cassells, R., and Salazar, S. “BCEC Quarterly Economic Commentary, Issue 12,” BCEC Quarterly Economic Commentary, Bankwest Curtin Economics Centre, March 1, 2021. AU$4,468 ASR.

Authored Media and Blogs

  1. Bond-Smith, S. “What if Honolulu upzoned everywhere? Lessons for solving a housing crisis from Aotearoa,” UHERO Insights, September 10, 2026.
  2. Bond-Smith, S. “Storms and shocks bring headwinds to Hawaiʻi,” Hōʻike Kauaʻi Community Media, May 1, 2026.
  3. Bond-Smith, S. and Schwartz, E. “Are people leaving Hawaiʻi because of high prices, or low incomes?,” UHERO Insights, March 19, 2026.
  4. Bond-Smith, S. and Schwartz, E. “The lost decade never ended in Hawaiʻi,” UHERO Insights, March 4, 2026.
  5. Bond-Smith, S. “Hawaiʻi moves beyond recession, but slowly,” UHERO Focus (YouTube), February 27, 2026.
  6. Bond-Smith, S. and Schwartz, E. “Is Hawaiʻi being left behind?,” UHERO Insights, February 19, 2026.
  7. Bond-Smith, S. “Beyond the price of paradise: Is Hawaiʻi being left behind?,” UHERO Focus (YouTube), February 1, 2026.
  8. Inafuku, R. and Bond-Smith, S. “Beyond the hype: What research shows about the value of college in the AI era,” UHERO Insights, January 22, 2026.
  9. Bond-Smith, S. “Deteriorating US outlook weighs on Hawaiʻi prospects,” UHERO Focus (YouTube), September 26, 2025.
  10. Bond-Smith, S. “Federal policies push Hawaiʻi toward mild recession,” UHERO Focus (YouTube), May 9, 2025.
  11. Bond-Smith, S. and Ilamkar, S. “Potential opportunities to diversify the economy of Hawaiʻi,” UHERO Insights, July 2, 2024.
  12. Bond-Smith, S., Bremer, L., Burnett, K., Trauernicht, P.C., and Wada, C. “Reducing fire risk and restoring value to fallow agricultural lands,” UHERO Insights, October 23, 2023.
  13. Bond-Smith, S. “Hawaiʻi's long-term economic recovery after COVID-19,” UHERO Focus (YouTube), July 6, 2023.
  14. Bond-Smith, S. “Hawaiʻi's long-term economic recovery after COVID-19,” UHERO Insights, July 6, 2023.
  15. Bond-Smith, S. and Coffman, M. “Regional science in Hawaiʻi,” WRSA Newsletter, May 1, 2023.
  16. Bond-Smith, S. “Is Oʻahu's new Comprehensive Economic Development Strategy strategic enough?,” UHERO Insights, July 7, 2022.
  17. Bond-Smith, S., Fuleky, P., and Moore, C. “Second quarter forecast 2022,” UHERO Focus (YouTube), May 8, 2022.
  18. Bond-Smith, D., Bond-Smith, S., and Bonham, C.S. “The cost of excess inflation in Hawaiʻi,” UHERO Insights, March 18, 2022.
  19. Bond-Smith, S. “The importance of understanding distance and scale,” UHERO Insights, October 22, 2021.
  20. Bond-Smith, S. “Remote areas miss WFH benefits,” Business News, May 3, 2021. AU$4,271 ASR.
  21. Bond-Smith, S. “WA an early mover on recovery,” Business News, March 15, 2021. AU$4,468 ASR.
  22. Bond-Smith, S. and Cassells, R. “University funding changes do not hit the mark,” The Australian, August 4, 2020. AU$2,588 ASR.
  23. Bond-Smith, S., Duncan, A., Mavisakalyan, A., and Tarverdi, Y. “More hospitals will not cure Australia's ailing health-care system. There's a more efficient way,” The Conversation, April 9, 2019. 9,876 reads in the first month.
  24. Bond-Smith, S., Cassells, R., and Duncan, A. “Location, location, location: What's holding back an Australian ideas boom,” The Conversation, March 23, 2016. 5,021 reads in the first month.

Grant Funding

Hawaiʻi State Government, 2026–2027.
“A new approach to economic development, diversification, and growth in Hawaiʻi.” Principal Investigator.
US$500,000
University of Hawaiʻi at Mānoa, Office of the Vice President of Research and Innovation, 2026.
“The Economic Impact of the University of Hawaiʻi System Report and the OVPRI Research Dashboard.” Principal Investigator. With R. Inafuku and C. Wada.
US$106,117
Kauaʻi County, County of Hawaiʻi, and City and County of Honolulu, 2027.
“County Forecast Report.” Principal Investigator. With the UHERO forecast team.
US$86,800
Kauaʻi County, 2026.
“County Forecast Report.” Principal Investigator. With the UHERO forecast team.
US$27,000
Kauaʻi County, 2025.
“County Forecast Report.” Principal Investigator. With the UHERO forecast team.
US$25,000
Kauaʻi County, 2024.
“County Forecast Report.” Principal Investigator. With the UHERO forecast team.
US$24,000
Kauaʻi County, 2023.
“County Forecast Report.” Principal Investigator. With the UHERO forecast team.
US$22,000
Hawaiʻi Business Roundtable, 2025.
“Understanding Hawaiʻi's Poor Economic Performance.” Principal Investigator.
US$34,000
Department for Transport, United Kingdom, 2025.
“The Changing Productivity, Sustainability and Utility Features of the English Urban System in the Post-Crisis and Post-Covid Context: The Role Played by the Hybrid-Work-From-Home Revolution and Commuting Patterns.” Co-investigator. With P. McCann, H. Arbabi and M-W. Hsu.
UK£50,000
Climate-Resilient Food Innovation Network (CliRFIN), project under NSF Engines Development Award 2305455, 2023.
“Diversification and growth opportunities in Hawaiʻi and U.S.-Affiliated Pacific Islands.” Principal Investigator.
US$12,744
Rural Health Research and Policy Center, sub-award via a grant from the U.S. Department of Health and Human Services, No. GE1HS47344, 2023.
“The effect of Hawaiʻi's economic geography on healthcare provision and health equity.” Principal Investigator. With D. Bond-Smith and R. Juarez.
US$68,250
University of Hawaiʻi at Mānoa, College of Social Sciences Research Support Award, 2022.
“Is Hawaiʻi being left behind?” Principal Investigator.
US$13,329
Mauna Kea Observatories and the University of Hawaiʻi Institute for Astronomy, 2021.
“The economic impact of Astronomy in Hawaiʻi: 2019 update.” Principal Investigator. With C. Bonham, K. Burnett and C. Wada.
US$54,000
City of Canning, Western Australia, 2021.
“Food Value Add Precinct: Economic Impact Analysis.” Co-Investigator. Principal Investigator S. Salazar. With A. Duncan, R. Cassells, B. Sung and E. Jackson.
AU$73,906
City of Bunbury, Western Australia, 2020.
“City of Bunbury, Digital Innovation District: Economic Impact Analysis.” Principal Investigator. With A. Duncan, R. Seymour and S. Salazar.
AU$48,980
Government of Western Australia, Department of Jobs, Tourism, Science and Innovation, 2020–2021.
“The role of small businesses in driving WA's economic recovery post-COVID-19.” Co-Investigator. Principal Investigator A. Duncan. With R. Cassells and D. Kiely.
AU$100,000
Australian Housing and Urban Research Institute (AHURI), 2019–2020.
“Relationships between metropolitan, satellite and regional city size, spatial context and economic productivity.” Co-Investigator. Principal Investigator C. Leishman. With S. Rowley, D. Maclennan and W. Liang. Part of the inquiry “Inquiry into population growth, migration and agglomeration,” overall inquiry lead C. Leishman, managed with N. Gurran, C. Nygaard, R. Ong and A. James.
Project AU$115,620
Inquiry AU$568,103
University of Waikato Doctoral Scholarship, 2010–2013.NZ$55,000
Royal Society of New Zealand Marsden Fund Doctoral Scholarship, as part of the project 08-UOW-022-EHB “Is Understanding Innovation the Key to Explaining Economic Growth?” with P. McCann and L. Oxley, 2009–2012.NZ$75,000

Honors and Awards

University of Hawaiʻi at Mānoa Faculty Research Travel Award. Two travel grants, US$4,000.2023, 2024
University of Hawaiʻi at Mānoa College of Social Sciences Travel Award. Four travel grants, US$7,577.2022–2026
Best Referee Award, Spatial Economic Analysis, Regional Studies Association.2020
Curtin Business School Conference Travel Fund. Travel grant, AU$1,150.2016
Graduate Student Paper Award, Pacific Conference of the Regional Science Association International (PRSCO).2011
University of Waikato Doctoral Scholarship. NZ$55,000.2010–2013
Royal Society of New Zealand Marsden Fund Doctoral Scholarship. Subproject of 08-UOW-022-EHB “Is Understanding Innovation the Key to Explaining Economic Growth?” with P. McCann and L. Oxley. NZ$75,000.2009–2012
University of Waikato, Statistics and Economics Entrance Scholarship. First year scholarship, NZ$4,500.2003
Ōtūmoetai College, 1st Aggregate in Year 13, Dux, and Valedictorian. Kathleen Kirkby Scholarship, NZ$2,500.2002

Academic Conferences

North American Regional Science Council (NARSC) Annual Meeting, Philadelphia, PA, United States. Two papers. Upcoming.2026
The Productivity Institute Productivity Research Conference, Manchester, United Kingdom.2025
European Regional Science Association (ERSA) Congress, Athens, Greece.2025
North American Regional Science Council (NARSC) Annual Meeting, New Orleans, LA, United States.2024
North American Regional Science Council (NARSC) Annual Meeting, San Diego, CA, United States. Two papers.2023
Western Regional Science Association (WRSA) Annual Meeting, Hawaiʻi Island, HI, United States. Two papers.2023
North American Regional Science Council (NARSC) Annual Meeting, Montreal, Canada. Two papers.2022
Pacific Regional Science Conference Organization (PRSCO) Annual Meeting, online.2022
Mid-Continent Regional Science Association Annual Conference, online.2022
European Regional Science Association (ERSA) Annual Meeting, Bolzano, Italy. Cancelled due to COVID-19.2020
Western Regional Science Association (WRSA) and Pacific Regional Science Conference Organization (PRSCO) Annual Meetings, Honolulu, HI, United States. Cancelled due to COVID-19.2020
Future of Work Workshop, Perth, WA, Australia.2019
European Regional Science Association (ERSA) Congress, Groningen, Netherlands.2017
Australasian Economic Theory Workshop, Auckland, New Zealand.2017
American Economic Association Annual Meeting, Chicago, IL, United States.2017
European Regional Science Association (ERSA) Congress, Vienna, Austria.2016
Australasian Macroeconomics Workshop, Canberra, ACT, Australia.2013
Australasian Trade Workshop, Melbourne, Vic, Australia.2013
Conference of the European Trade Study Group (ETSG), Leuven, Belgium.2012
European Regional Science Association (ERSA) Congress, Bratislava, Slovakia.2012
North American Regional Science Council (NARSC) Annual Meeting, Miami, FL, United States.2011
Pacific Regional Science Conference Organization (PRSCO) Annual Meeting, Seoul, Korea.2011
3rd Global Conference on Economic Geography, Seoul, Korea.2011

Department Seminars

Curtin University, Perth, WA, Australia.2022
University of Hawaiʻi at Mānoa, Honolulu, HI, United States.2020
University of Western Australia, Perth, WA, Australia.2020
La Trobe University, Melbourne, Vic, Australia.2017
Curtin University, Perth, WA, Australia.2017
University of Cambridge, Cambridge, United Kingdom.2013
London School of Economics, London, United Kingdom.2012
VU University Amsterdam, Amsterdam, Netherlands.2012
University of Groningen, Groningen, Netherlands.2012

Invited Presentations

2026

2025

2024

2023

2022

2021 and earlier

Teaching

University of Hawaiʻi at Mānoa, Hawaiʻi, United States

Instructor. ECON 311 The Economy of Hawaiʻi. New curriculum for a course that had not been offered for several years. The department's only writing-intensive economics course, since expanded to further semesters.2022–2026, Spring
Ph.D. supervision. Adib Rahman. Placement: Arkansas State University.2022–2024
Undergraduate research supervision. Monica Johnson, undergraduate directed research.2023, Fall
Guest lecture. PLAN 603 Urban Economics, graduate.2022 Spring, 2023 Fall
Guest lecture. PLAN 310 Introduction to Planning.2023, Spring

Curtin University, Western Australia, Australia

Guest lecture. ECON 3007 Advanced Applied Economics, 3rd year.2021-B

University of Waikato, New Zealand

Guest lecture. ECON 314/414 Markets, Competition and Organisation, 3rd and 4th year.2009-A
Teaching assistant. ECON 202 Microeconomics and Business Economics, 2nd year.2010-B
Teaching assistant. STMG 391 Strategic Management, 3rd year.2006-B
Teaching assistant. ECON 100 Business Economics and the New Zealand Economy, 1st year.2006-A
Teaching assistant. ECON 304/404/543 Econometrics, 3rd year, 4th year, Honors, and Masters.2006-A

Service

Journal editor

Spatial Economic Analysis, Co-editor.Since 2021
Spatial Economic Analysis special issue editor, Spatial macroeconomics. With J.P. Elhorst, D. Felsenstein and L. Curado.2024
Reaching Regions, Editorial Board.Since 2023
Regional Economies and Policies, Editorial Board.2016–2017

Journal peer review

Journal of Economic Geography; Regional Studies; Journal of Regional Science; Urban Studies; Macroeconomic Dynamics; Economic Modelling; Cities; Economic Record; Journal of Economic Surveys; Papers in Regional Science; Economics of Innovation and New Technology; Journal of Evolutionary Economics; Spatial Economic Analysis; Applied Spatial Analysis and Policy; npj Urban Sustainability; Nature Cities; Humanities and Social Sciences Communications; The Annals of Regional Science; Tijdschrift voor Economische en Sociale Geografie; Growth and Change; Journal of Industry, Competition and Trade; Regional Economies and Policies; Australian Journal of Labor Economics; Australian Journal of Agriculture and Resource Economics; Australian Economic Papers; Economic Papers; Telematics and Informatics.

Funding agency peer review

Royal Society of New Zealand Marsden Fund.2021
Madrid Institute for Advanced Studies, Tomás y Valiente Fellowship.2024, 2025

University service

UHERO Executive Committee.Since 2026
UHERO Communications Committee.Since 2026
UHERO Recruitment Committee, two positions.2025–2026
University of Hawaiʻi System, Strategic Plan Imperative #4 Working Group, diversifying Hawaiʻi's economy through UH innovation and research. Analysis of the university's research priorities as industry clusters was incorporated into the System Strategic Plan.2023–2024
Australian Conference of Economists 2022 Scientific Committee.2022
Curtin Business School Strategic Review Board.2020–2021
Seminar Organizer, Bankwest Curtin Economics Centre Seminar Series.2017–2021

Community service

Iolani School AP Research, Judges Panel.2024
University of Waikato Management School, Case Competition Final Judges Panel.2010

Professional affiliations

American Economic Association (AEA); Regional Science Association International (RSAI); Royal Economic Society.

Professional development

Hulihia: Indigenizing Social Sciences.2023

References

Available on request.