The Measurement of the National Production Function: Theoretical Framework

FEA Working Paper No. 2009-20

5 Pages Posted: 27 Mar 2009 Last revised: 5 Jan 2010

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: March 27, 2009

Abstract

This paper proposes an alternative graphical and mathematical modeling approach to find the national production function (NP-Function) of any country based on the uses of Econographicology. The NP-Function is willing to measure the final national output under the construction of four sub-production functions, each sub-production function is originated from the agriculture, industry, manufacturing and services outputs. The modeling of the NP-Function requests the application of the economic modeling in real time in the same graphical space. The main objective to build the national production function is to analyze and visualize the total national output from a multidimensional perspective.

Keywords: Econographicology, Macroeconomic Policy Modeling, Production Function, Multi-dimensional graphs, Cartesian Spaces.

JEL Classification: E60

Suggested Citation

Ruiz Estrada, Mario Arturo, The Measurement of the National Production Function: Theoretical Framework (March 27, 2009). FEA Working Paper No. 2009-20. Available at SSRN: https://ssrn.com/abstract=1369186 or http://dx.doi.org/10.2139/ssrn.1369186

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

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