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A study of the economic structure and change in the Texas Triangle

As global economic competition has intensified, many countries have begun
focusing on the competitiveness of larger regions of city networks called megaregions.
Consisting of two or more cities with specific linkages and connections, megaregions are
becoming a new unit that researchers are using to analyze the global economy. The
world’s 40 largest megaregions produce two thirds of the global economic output and
more than eighty percent of the world’s innovations (Florida et al., 2007). Therefore,
understanding the economic characteristics of megaregions can help isolate various
challenges and opportunities associated with building on inter-relationships that enhance
competitiveness. The Texas Triangle is one of 10 major megaregions in the U.S., and it
functions as the primary economic engine of the Texas economy. This study analyzes
how the economic characteristics of the major metropolitan areas in the Texas Triangle
have changed over time by studying the basic dynamics of these metropolitan areas over
the last decade. Results from this study show that each metropolitan area contains
specialized export industries and that competition among them seems to be encouraging
the economic growth of Texas. The basic industrial structure of the Texas Triangle has
not been affected significantly by economic changes over the last decade. Finally, this
report presents policy implications related to strengthening traditional economic bases
and promoting sustainable economic development such as clean energy in the Texas
Triangle. / text

Identiferoai:union.ndltd.org:UTEXAS/oai:repositories.lib.utexas.edu:2152/22527
Date04 December 2013
CreatorsKim, Kiwook
Source SetsUniversity of Texas
LanguageEnglish
Detected LanguageEnglish
TypeThesis
Formatelectronic
RightsCopyright is held by the author. Presentation of this material on the Libraries' web site by University Libraries, The University of Texas at Austin was made possible under a limited license grant from the author who has retained all copyrights in the works., Restricted

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