Production Representation
A production system can be represented through multiple complementary abstractions.
Each representation captures different structural aspects of how inputs, processes, and technologies combine to generate outputs.
| Representation Aspect | Description |
|---|---|
| Production Function | A mathematical mapping that relates input quantities to maximum attainable output under a given technology. Captures the technological frontier, substitution patterns, scale properties, and efficiency structure. |
| Production Network | A graph- or matrix-based representation of how multiple production stages, firms, or sectors are interconnected through input–output flows. Captures interdependencies, propagation of shocks, bottlenecks, supply chains, and system-level structure. |