modelIndustrial_Investment
Investments in the military/industrial sector
Information
This model calculates the capital invested in industry.Whereas the earlier WORLD2 model lumped all capital investment into a single state variable from which it then split off the percentage of capital invested in the agricultural sector as a second state variable (a funny choice for a state variable, since percentages don't accumulate), the more modern WORLD3 model differentiates between capital invested in industry, capital invested in the service sector, capital invested in agriculture, and other capital investment.
The industrial capital is measured in U.S. dollars.
Parameters
| Type | Name | Default | Description |
|---|---|---|---|
| Real | industrial_capital_init | 2.1e11 | Initial industrial investment |
| Real | ind_out_pc_des | 400 | Desired annual industrial per capita output |
| Real | p_avg_life_ind_cap_1 | 14 | Default average life of industrial capital |
| Real | p_avg_life_ind_cap_2 | 14 | Controlled average life of industrial capital |
| Real | p_fioa_cons_const_1 | 0.43 | Default fraction of industrial output allocated to consumption |
| Real | p_fioa_cons_const_2 | 0.43 | Controlled fraction of industrial output allocated to consumption |
| Real | p_ind_cap_out_ratio_1 | 3 | Default industrial capital output ratio |
| Real | t_ind_equil_time | 4000 | Year of industrial equilibrium |
| Real | t_policy_year | 4000 | Year of policy change |
Connectors
| Type | Name | Default | Description |
|---|---|---|---|
| Modelica.Blocks.Interfaces.RealInput | population | Population | |
| Modelica.Blocks.Interfaces.RealInput | s_fioa_serv | Fraction of total investments allocated to the service sector | |
| Modelica.Blocks.Interfaces.RealInput | s_fioa_agr | Fraction of total investments allocated to the agricultural sector | |
| Modelica.Blocks.Interfaces.RealInput | s_fr_cap_al_obt_res | Fraction of capital allocated to resource use efficiency | |
| Modelica.Blocks.Interfaces.RealInput | capital_util_fr | Capital utilization fraction | |
| Modelica.Blocks.Interfaces.RealInput | ppoll_tech_mult_icor_COPM | Technology induced reduction in persistent pollution release | |
| Modelica.Blocks.Interfaces.RealInput | yield_tech_mult_icor_COYM | Technology induced relative enhancement of land yield | |
| Modelica.Blocks.Interfaces.RealInput | ind_cap_out_ratio_2_ICOR2T | Industrial capital output ratio | |
| Modelica.Blocks.Interfaces.RealOutput | industrial_output | Annual industrial output | |
| Modelica.Blocks.Interfaces.RealOutput | industrial_capital | Total capital invested in the military/industrial sector | |
| Modelica.Blocks.Interfaces.RealOutput | ind_out_pc | Per capita annual industrial output | |
| Modelica.Blocks.Interfaces.RealOutput | cons_ind_out_pc1 | Per capita general industrial output |
Components
| Type | Name | Default | Description |
|---|---|---|---|
| Levels.Level | Industrial_Capital | p.218 of Dynamics of Growth in a Finite World | |
| Rates.RRate | Ind_Cap_Invest | p.222 of Dynamics of Growth in a Finite World | |
| Rates.RRate | Ind_Cap_Deprec | p.221 of Dynamics of Growth in a Finite World | |
| Auxiliary.Prod_2 | Ind_Cap_Inv | p.222 of Dynamics of Growth in a Finite World | |
| Modelica.Blocks.Math.Division | Ind_Cap_Dep | p.221 of Dynamics of Growth in a Finite World | |
| Utilities.Industrial_Output | Industrial_Output | p.216 of Dynamics of Growth in a Finite World | |
| Utilities.S_Ind_Cap_Out_Ratio | S_Ind_Cap_Out_Ratio | p.216 of Dynamics of Growth in a Finite World | |
| Auxiliary.Prod_3 | P_Ind_Cap_Out_Ratio_2 | ||
| Utilities.S_Avg_Life_Ind_Cap | S_Avg_Life_Ind_Cap | p.221 of Dynamics of Growth in a Finite World | |
| Sources.Source | Source1 | ||
| Sources.Sink | Sink1 | ||
| Utilities.FIOA_Ind | FIOA_Ind | p.223 of Dynamics of Growth in a Finite World | |
| Utilities.S_FIOA_Cons | S_FIOA_Cons | p.223 of Dynamics of Growth in a Finite World | |
| Utilities.S_FIOA_Cons_Const | S_FIOA_Cons_Const | p.223 of Dynamics of Growth in a Finite World | |
| Functions.Tabular | P_FIOA_Cons_Var | p.225 of Dynamics of Growth in a Finite World | |
| Modelica.Blocks.Math.Gain | Gain1 | ||
| Modelica.Blocks.Math.Division | Ind_Out_PC | p.214 of Dynamics of Growth in a Finite World | |
| Auxiliary.Prod_2 | Cons_Ind_Out | ||
| Modelica.Blocks.Math.Division | Cons_Ind_Out_PC |