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From Oil Boom to Sustainable Economic Growth

Corpus Christi and Coastal Bend
Economic Pulse
College of Business and EDA University Center
Texas A&M University Corpus Christi

By Jim Lee

Connecting the long road to sustainable growth from the current economic boom are physical and human capital accumulations, among other things. Workforce development appears to be the weakest link in South Texas, contributing to historical income and skills gaps with the rest of the nation. To bridge such gaps, local higher education institutions and workforce training facilities could accelerate their student enrollments and graduation rates by multiple folds. Yet a more effective alternative is to focus on academic programs of professional degrees, such as engineering and medicine, which generate higher “wage premiums.”

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