Major socio-economic regions rated in order of economic growth
DOI:
https://doi.org/10.38140/trp.v9i0.3193Keywords:
economic growth indexAbstract
In the "Journal for Regional Planning" no. 7, Dr. P.E. Claassen (1, p. 9) describes methods of determining the growth of a region. The author discussed three different methods of determining the "sectoral shift" in the industrial sector of a region. The rationale behind sectoral shift
being that a positive shift in sectors between two census periods that have a possibility for quick growth and a nega= tive shift in sectors which offer little growth prospects indicate that the region's position has improved and vice versa. Another method which was used by the Bureau of Market Research at the University of South Africa to measure the growth potential of 54 magisterial districts which together contributed 77% of the Republic's Gross Geographic Product in 1968 (2, p. 19), is simply to calculate the economic growth index which measures the growth of the region rela= tive to the average growth of all the regions, that is, the total Republic.
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