Simcountry is a multiplayer Internet game in which you are the president, commander in chief, and industrial leader. You have to make the tough decisions about cutting or raising taxes, how to allocate the federal budget, what kind of infrastructure you want, etc..
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Gross GDP to replace total production value?

Topics: Suggestions: Gross GDP to replace total production value?

Michael Servus Dei Defensor Fideique Populi

Thursday, October 29, 2015 - 04:04 pm Click here to edit this post
Hi, it seems that gross GDP would be a better indicator of an economy than 'total production value', which ignores the contribution by education, government and public healthcare to the economy, in addition to its ambiguity in several terms. For instance, I don't know whether 'high tech service' also contributes to 'service', and some high tech corps are in fact industrial. Clearer definitions are needed - this helps me plan for my country based on real economics theories.



Thursday, October 29, 2015 - 09:16 pm Click here to edit this post
I can help a bit with this. Contributions to production from education, healthcare, and such are largely folded into corporation production. For example, in offering education, textbooks (books and newspapers) and high tech services are used by these institutions as a part of their cost. Healthcare consumes medical equipment, medical materials, and pharmaceutical products. If you run these types of corps, you contribute towards the "production" of these services.

For locating which corps are part of which groups, simply visit "my empire" and then "products overview". The product groups are defined there. The only oddly missing category in country production is "Space". A suggestion to add that is welcome.

For my annual GDP, I have often simply multiplied my Total Production by 12. The annual GDP of my LU main exceeds $20 Trillion and may be the game's largest.

Michael Servus Dei Defensor Fideique Populi

Friday, October 30, 2015 - 07:53 am Click here to edit this post
Wow that's an impressing LOT of GDP! I only have around 3 trillion annual GDP (simply multiplying total production by 12). How did you do that?

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