blockIndustrial_Investment

Investments in the military/industrial sector
Diagram of Industrial_Investment

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

TypeNameDefaultDescription
Realindustrial_capital_init210000000000.0Initial industrial investment
Realind_out_pc_des400Desired annual industrial per capita output
Realp_avg_life_ind_cap_114Default average life of industrial capital
Realp_avg_life_ind_cap_214Controlled average life of industrial capital
Realp_fioa_cons_const_10.43Default fraction of industrial output allocated to consumption
Realp_fioa_cons_const_20.43Controlled fraction of industrial output allocated to consumption
Realp_ind_cap_out_ratio_13Default industrial capital output ratio
Realt_ind_equil_time4000Year of industrial equilibrium
Realt_policy_year4000Year of policy change

Connectors

TypeNameDefaultDescription
SystemDynamics.Interfaces.MassInPortpopulationPopulation
SystemDynamics.Interfaces.MassInPorts_fioa_servFraction of total investments allocated to the service sector
SystemDynamics.Interfaces.MassInPorts_fioa_agrFraction of total investments allocated to the agricultural sector
SystemDynamics.Interfaces.MassInPorts_fr_cap_al_obt_resFraction of capital allocated to resource use efficiency
SystemDynamics.Interfaces.MassInPortcapital_util_frCapital utilization fraction
SystemDynamics.Interfaces.MassInPortppoll_tech_mult_icor_COPMTechnology induced reduction in persistent pollution release
SystemDynamics.Interfaces.MassInPortyield_tech_mult_icor_COYMTechnology induced relative enhancement of land yield
SystemDynamics.Interfaces.MassInPortind_cap_out_ratio_2_ICOR2TIndustrial capital output ratio
SystemDynamics.Interfaces.MassOutPortindustrial_outputAnnual industrial output
SystemDynamics.Interfaces.MassOutPortindustrial_capitalTotal capital invested in the military/industrial sector
SystemDynamics.Interfaces.MassOutPortind_out_pcPer capita annual industrial output
SystemDynamics.Interfaces.MassOutPortcons_ind_out_pc1Per capita general industrial output

Components

TypeNameDefaultDescription
SystemDynamics.Levels.LevelIndustrial_Capitalp.218 of Dynamics of Growth in a Finite World
SystemDynamics.Rates.RRateInd_Cap_Investp.222 of Dynamics of Growth in a Finite World
SystemDynamics.Rates.RRateInd_Cap_Deprecp.221 of Dynamics of Growth in a Finite World
SystemDynamics.Auxiliary.Prod_2Ind_Cap_Invp.222 of Dynamics of Growth in a Finite World
Modelica.Blocks.Math.DivisionInd_Cap_Depp.221 of Dynamics of Growth in a Finite World
SystemDynamics.WorldDynamics.World3.Utilities.Industrial_OutputIndustrial_Outputp.216 of Dynamics of Growth in a Finite World
SystemDynamics.WorldDynamics.World3.Utilities.S_Ind_Cap_Out_RatioS_Ind_Cap_Out_Ratiop.216 of Dynamics of Growth in a Finite World
SystemDynamics.Auxiliary.Prod_3P_Ind_Cap_Out_Ratio_2
SystemDynamics.WorldDynamics.World3.Utilities.S_Avg_Life_Ind_CapS_Avg_Life_Ind_Capp.221 of Dynamics of Growth in a Finite World
SystemDynamics.Sources.SourceSource1
SystemDynamics.Sources.SinkSink1
SystemDynamics.WorldDynamics.World3.Utilities.FIOA_IndFIOA_Indp.223 of Dynamics of Growth in a Finite World
SystemDynamics.WorldDynamics.World3.Utilities.S_FIOA_ConsS_FIOA_Consp.223 of Dynamics of Growth in a Finite World
SystemDynamics.WorldDynamics.World3.Utilities.S_FIOA_Cons_ConstS_FIOA_Cons_Constp.223 of Dynamics of Growth in a Finite World
SystemDynamics.Functions.TabularP_FIOA_Cons_Varp.225 of Dynamics of Growth in a Finite World
Modelica.Blocks.Math.GainGain1
Modelica.Blocks.Math.DivisionInd_Out_PCp.214 of Dynamics of Growth in a Finite World
SystemDynamics.Auxiliary.Prod_2Cons_Ind_Out
Modelica.Blocks.Math.DivisionCons_Ind_Out_PC