Industrial planning usually involves a static, ‘freeze frame’ analysis, in which planners look at a region at a specific time and prescribe a development plan using the static existing or expected situation as a basis for decision making. Endogenous variables represent the characteristics of a region which both influence industrial development and are influenced by it, namely: the level of development in the region; the regional economic and social infrastructure; and the position of the region in relation to the nation as a whole. The first and most important group of variables is the level of development in the region. Rising levels of income and development in the region cause changes in both. The demand for industrial products increases, creating more opportunities for industrial development, and the composition of such products shifts from agricultural or food industry products more to non-food industrial products.
ASJC Scopus subject areas
- Social Sciences (all)