Affiliations 

  • 1 University of Malaya
MyJurnal

Abstract

This paper proposes a new multidimensional graphical model to monitoring the GDP
growth rates in real prices behavior and the GDP formation accumulation from any
country in the short and long run through the uses of “the Multi-Dimensional Radar
Mapping Model (MDRM- Model).” Hence, the MDRM-Model is based on the plotting of
different coordinates that represents a large number of GDP growth rates in real prices
on the top of a large number of perimeters. Each perimeter represents different periods
of time in our analysis. In our case, we are using the Multi-Dimensional Radar Mapping
coordinate system (MDRM-Coordinate System) to build the MDRM-Model respectively.
Moreover, the MDRM-Model can facilitate the visualization of different GDP growth rates
in real prices simultaneously in different periods of time (years) or spaces (countries) that
follows a logical order into the same graphical space. The MDRM-Model was applied on
the economies of People’s Republic of China (PRC) and U.S. to analyze the process of
GDP formation accumulation in the last past forty years in both economies.