Convergence and divergence issues in the regional growth pattern

The convergence and divergence issues have been keenly debated in relation to the growth process. A similar issue occurs with respect to the pattern of regional growth. Some opinions have suggested that the process of regional growth in a free market will lead to a convergence in regional income pe...

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Main Author:	Abdul Shukor Ariffin
Format:	Article
Published:	Universiti Kebangsaan Malaysia 1976
Online Access:	http://journalarticle.ukm.my/4055/ http://journalarticle.ukm.my/4055/

id	ukm-4055
recordtype	eprints
spelling	ukm-40552012-05-18T03:33:29Z http://journalarticle.ukm.my/4055/ Convergence and divergence issues in the regional growth pattern Abdul Shukor Ariffin, The convergence and divergence issues have been keenly debated in relation to the growth process. A similar issue occurs with respect to the pattern of regional growth. Some opinions have suggested that the process of regional growth in a free market will lead to a convergence in regional income per capita. This would occur from three main sources. They are factor price equalisation, reallocation of resources within regions, and convergence of regional growth caused by a decline in the growth rate of developed region. However there are opinions which have pointed out that the convergence in regional growth process cannot occur even if the three factors mentioned are taken into account. One opinion has gone even further to suggest that factor movements between regions may even worsen the problems of regional economic imbalance. In other words the 'divergence' process in more predominant than that of the 'convergence' process. Universiti Kebangsaan Malaysia 1976 Article PeerReviewed Abdul Shukor Ariffin, (1976) Convergence and divergence issues in the regional growth pattern. AKADEMIKA, 9 . pp. 53-58. ISSN 0126-5008 http://www.ukm.my/penerbit/jdem9-5.htm
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
description	The convergence and divergence issues have been keenly debated in relation to the growth process. A similar issue occurs with respect to the pattern of regional growth. Some opinions have suggested that the process of regional growth in a free market will lead to a convergence in regional income per capita. This would occur from three main sources. They are factor price equalisation, reallocation of resources within regions, and convergence of regional growth caused by a decline in the growth rate of developed region. However there are opinions which have pointed out that the convergence in regional growth process cannot occur even if the three factors mentioned are taken into account. One opinion has gone even further to suggest that factor movements between regions may even worsen the problems of regional economic imbalance. In other words the 'divergence' process in more predominant than that of the 'convergence' process.
format	Article
author	Abdul Shukor Ariffin,
spellingShingle	Abdul Shukor Ariffin, Convergence and divergence issues in the regional growth pattern
author_facet	Abdul Shukor Ariffin,
author_sort	Abdul Shukor Ariffin,
title	Convergence and divergence issues in the regional growth pattern
title_short	Convergence and divergence issues in the regional growth pattern
title_full	Convergence and divergence issues in the regional growth pattern
title_fullStr	Convergence and divergence issues in the regional growth pattern
title_full_unstemmed	Convergence and divergence issues in the regional growth pattern
title_sort	convergence and divergence issues in the regional growth pattern
publisher	Universiti Kebangsaan Malaysia
publishDate	1976
url	http://journalarticle.ukm.my/4055/ http://journalarticle.ukm.my/4055/
first_indexed	2023-09-18T19:40:30Z
last_indexed	2023-09-18T19:40:30Z
_version_	1777405558342549504

Convergence and divergence issues in the regional growth pattern

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