Ten-Gallon Economy - Sizing Up Economic Growth in Texas (Hardcover, 1st ed. 2015)

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.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Release date:	September 2015
First published:	2015
Editors:	Pia M. Orrenius • Jesus Canas • Michael Weiss
Dimensions:	235 x 155 x 16mm (L x W x T)
Format:	Hardcover
Pages:	248
Edition:	1st ed. 2015
ISBN-13:	978-1-137-53016-5
Categories:	Books > Business & Economics > Economics > General
LSN:	1-137-53016-2
Barcode:	9781137530165

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