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Ten-Gallon Economy: Sizing Up Texas’ Growth

November 07, 2014 Dallas Fed

Texas’ economic growth has outpaced the nation’s for two and a half decades. What accounts for the state’s economic success? And does it come at a price to be paid in the future? This conference featured experts who discussed the economics of the state’s tax system and energy sector, as well as topics in banking, labor markets, education, high tech and the border economy.

Agenda

Friday, Nov. 7

8 a.m.

Check-in and Continental Breakfast

8:30 a.m.

Welcome

 

Pia Orrenius, Federal Reserve Bank of Dallas

 

Opening Remarks

 

Mine Yücel, Federal Reserve Bank of Dallas

8:40 a.m.

Opening Address

 

Policy Levers to Increase Jobs and Increase Income From Work After the Great Recession
David Neumark, University of California, Irvine

9:15 a.m.

Panel 1: Institutions

 

Moderator: Ed Skelton, Federal Reserve Bank of Dallas

State Tax Policy Takes a Wrong Turn: The Spread of Margin and Gross Receipts Taxes
Alan Viard, American Enterprise Institute

Why Texas Grows Faster: The Role of Smaller Government
Jason Saving, Federal Reserve Bank of Dallas

The Evolution of Texas Banking
Kory Killgo*, Federal Reserve Bank of Dallas
Ken Robinson, Federal Reserve Bank of Dallas (retired)

Texas Real Estate: From the 1980s' Oil Bust to the Shale Oil Boom
John Duca* and Michael Weiss, Federal Reserve Bank of Dallas
Elizabeth Organ, New York University

11 a.m.

Panel 2: Human Capital and Labor Markets

 

Moderator: Roberto Coronado, Federal Reserve Bank of Dallas

Texas's Educational Challenge: Demographic Dividend or Bust?
Marta Tienda, Princeton University

Impact of Oil Booms on Human Capital Investment in Texas
Anil Kumar, Federal Reserve Bank of Dallas

Employment Growth and Labor Market Polarization in Texas and the U.S.
Melissa LoPalo, University of Texas at Austin
Pia Orrenius*, Federal Reserve Bank of Dallas

12:15 p.m.

Lunch

 

Luncheon Address:
Asleep at the Switch: Demographic Change and Policy Stasis in Texas

Cal Jillson, Southern Methodist University

1:30 p.m.

Panel 3: Industry and Exports

 

Moderator: Amy Jordan, Federal Reserve Bank of Dallas

Microelectronics: The Beginning of the End or the End of the Beginning?
Sanjay Banerjee, The University of Texas at Austin

Energy Prices and the Texas Economy
Amy Jordan, Michael Plante* and Mine Yücel, Federal Reserve Bank of Dallas
Nicole Lake, Blue Cross Blue Shield

Texas Comparative Advantage and Manufacturing Exports
Jesus Cañas*, Federal Reserve Bank of Dallas
Christina English,
Equal Employment Advisory Council
Luis Torres,
Texas A&M University

2:40 p.m.

Panel 4: Border Economic Development

 

Moderator: Jesus Cañas, Federal Reserve Bank of Dallas

Las Colonias: Life Along the Texas-Mexico Border
Jordana Barton*, Elizabeth Sobel Blum* and Emily Ryder Perlmeter, Federal Reserve Bank of Dallas
Raquel Marquez, University of Texas at San Antonio

Border Economic Recovery Lags Rest of State
Keith Phillips* and Christopher Slijk, Federal Reserve Bank of Dallas, San Antonio Branch

So Close to Mexico: Economic Spillovers Along the Texas–Mexico Border
Roberto Coronado*, Federal Reserve Bank of Dallas, El Paso Branch
Eduardo Saucedo, University of Texas–Pan American

4 p.m.

Outlook Panel: The Future of Texas

 

Moderator: Pia Orrenius, Federal Reserve Bank of Dallas

Robert W. Gilmer, University of Houston
Steve Murdock, Rice University | Presentation
Keith Phillips, Federal Reserve Bank of Dallas, San Antonio Branch
Lori L. Taylor, Texas A&M University | Presentation

5 p.m.

Closing Remarks

 

Jesus Cañas

*Presenter