Journal article

Trends in Industrial Decentralization: An Examination of Bell's Hypothesis


South African Journal of Economics | Routledge - Taylor & Francis | Published : 1986


UNTIL 1981 THE PARTICIPATION OF THE PRIVATE sector in the industrial decentralization (ID) programme of he government had been minimal. Following the introduction of a new yet of decentralization incentives in April 1984,the rate and absolute amount of private sector participation in the ID programme increased markedly. It is easy, therefore, to believe those representatives of the private sector who stated that they disliked the decentralization measures for example, Oppenheimer, 1984), and then to argue that the sudden increase in participation following the introduction of the new concessions must be due to the attractiveness of those concessions. Bell (1983, 1984) takes a different view...

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