Introduction to development theory

 

 https://www.researchgate.net/publication/222575000_Introduction_to_development_theory

 

 .. Intellectual views differed in the concept of regional development and in the extent or absence of economic and social disparity between the regions. The classical economic theory does not believe in the existence of the phenomenon of developmental disparity between regions over time, due to their belief in the free movement of production factors between regions (the absence of any natural, administrative, economic or political obstacles) (Richardson, 1973) and (Ray, 2007). On the contrary, there are a number of researchers who believe that there is a discrepancy in the abundance of production elements between regions on the one hand, and the inability to transfer production factors between regions on the other hand. ...