Ten-Gallon Economy

Name: Ten-Gallon Economy
Author: Pia M. Orrenius

Sizing Up Economic Growth in Texas

Specificaties

Gebonden, blz. | Engels

Palgrave Macmillan US | e druk, 2015

ISBN13: 9781137530165

Rubricering

Juridisch :

Palgrave Macmillan US e druk, 2015 9781137530165

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Samenvatting

Texas' economic growth has consistently outpaced that of the United States as a
whole over the past quarter century. What accounts for the state's economic
success? And does it come at a price to be paid in the future? Ten-Gallon
Economy features new research on regional economic growth and some
surprising findings on Texas' unique tax and banking institutions, booming
energy and export sectors, vibrant labor market, expanding demographics and
human capital, and growing border economy. Texas has a dynamic economy, large
yet flexible, but it is still subject to the booms and busts of the energy
sector, which exercises an outsized influence. Taxes are low but regressive
relative to national benchmarks, which fuels growth but can inhibit investment
in education and health. Meanwhile, Texas, as one of only five minority-majority
states, is poised to reap a big demographic dividend if it invests wisely in the
coming generation of mostly Latino workers. Taken together, the chapters in this
volume provide unique insight into the economy of the nation's second-largest
state, laying out some of the choices facing policymakers charged with
safeguarding the Texas growth premium for future generations.

Specificaties

ISBN13:9781137530165

Taal:Engels

Bindwijze:gebonden

Uitgever:Palgrave Macmillan US

Hoofdrubriek:Economie

Inhoudsopgave

PART I: INTRODUCTION 1. Tipping Our Hats to the Ten-Gallon Economy; Pia M.
Orrenius, Jesús Cañas, Michael Weiss PART II: PUBLIC POLICY AND BUSINESS
CLIMATE 2. Increasing Jobs and Income from Work: The Role and Limitations of
Public Policy; David Neumark 3. Why Texas Grows Faster: The Role of Smaller
Government; Jason Saving 4. The Shortcomings of the Texas Margin Tax; Alan D.
Viard PART III: HUMAN CAPITAL AND LABOR MARKETS 5. Texas' Education
Challenge: A Demographic Dividend or Bust?; Marta Tienda 6. Oil Boom Lowers
Human Capital Investment in Texas; Anil Kumar 7. Employment Growth and Labor
Market Polarization in the U.S. and Texas; Melissa LoPalo, Pia M.
Orrenius PART IV: INDUSTRY AND EXPORTS 8. Texas Real Estate: From the
1980s' Oil Bust to the Shale Oil Boom; John V. Duca, Michael Weiss, Elizabeth
Organ 9. The Evolution of Texas Banking; Kory Killgo and Kenneth J.
Robinson 10. The Impact of Changing Energy Prices on the Texas Economy; Mine
K. Yücel, Michael Plante, Amy Jordan, Nicole Lake 11. Texas Comparative
Advantage and Manufacturing Exports; Jesús Cañas, Luis Bernardo Torres Ruiz,
Christina English PART V: BORDER AND ECONOMIC DEVELOPMENT 12. So Close to
Mexico: Economic Spillovers Along the Texas–Mexico Border; Roberto Coronado,
Marycruz De León, Eduardo Saucedo 13. Border Economic Recovery Lags Rest of
State; Keith R. Phillips and Christopher Slijk 14. Las Colonias Along the
Texas–Mexico Border; Jordana Barton, Elizabeth Sobel Blum, Emily Ryder
Perlmeter, Raquel R. Márquez

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