The OUTPUT sector

The variables

Vensim name	Name	Used variables	Used parameters	Variables using it	Initial value	Equation
AVailable CApital Gdollar/y	`AVCA`	`TS`	`FCI`	`INCPIS`		$AVCA (t) = FCI + TS (t)$
CAPacity Gcu	`CAP`	`CPUS` `CPIS`		`OPWO`		$CAP (t) = CPIS (t) + CPUS (t)$
Capacity Addition PIS Gcu/y	`CAPIS`	`CUCPIS`	`CTPIS`	`CPIS` `CUCPIS` `CRR`		$CAPIS (t) = \frac{CUCPIS (t)}{CTPIS}$
Capacity Addition PUS Gcu/y	`CAPUS`	`CUCPUS`	`CTPUS`	`CPUS` `CUCPUS`		$CAPUS (t) = \frac{CUCPUS (t)}{CTPUS}$
CBC Effect on Flow to Capacity Addion (1)	`CBCEFCA`	`CBC` `CBC1980`	`CBCEFRA`	`FACNC`		$CBCEFCA (t) = 1 + CBCEFRA \cdot (- 1 + \frac{CBC (t)}{CBC 1980 (t)})$
Capacity Discard PIS Gcu/y	`CDPIS`	`LCPIS` `CPIS`		`CPIS`		$CDPIS (t) = \frac{CPIS (t)}{LCPIS (t)}$
Capacity Discard PUS Gcu/y	`CDPUS`	`CPUS` `LCPUS`		`CPUS`		$CDPUS (t) = \frac{CPUS (t)}{LCPUS (t)}$
Capacity Initiation PIS Gcu/y	`CIPIS`	`INCPIS` `GDP` `OBSGIPIS` `COCA`		`CUCPIS`		$CIPIS (t) = \max (\frac{GDP (t) \cdot OBSGIPIS (t) + INCPIS (t)}{COCA (t)}, 0)$
Capacity Initiation PUS Gcu/y	`CIPUS`	`GIPC` `GDP` `OBSGIPUS` `COCA`		`CUCPUS`		$CIPUS (t) = \max (\frac{GDP (t) \cdot OBSGIPUS (t) + GIPC (t)}{COCA (t)}, 0)$
COst of CApacity dollar/cu	`COCA`	`OWECC`	`CC1980`	`CIPIS` `CIPUS`		$COCA (t) = CC 1980 \cdot OWECC (t)$
Capacity PIS Gcu	`CPIS`	`CDPIS` `CAPIS`		`CDPIS` `CRR` `CAP` `ORO`	59250.0	$\frac{d CPIS (t)}{d t} = - CDPIS (t) + CAPIS (t)$
Capacity PUS Gcu	`CPUS`	`CDPUS` `CAPUS`		`CDPUS` `CAP` `ORO` `IPR`	5350.0	$\frac{d CPUS (t)}{d t} = - CDPUS (t) + CAPUS (t)$
Capacity Renewal Rate 1/y	`CRR`	`CAPIS` `CPIS`		`ECR`		$CRR (t) = \frac{CAPIS (t)}{CPIS (t)}$
Capacity Under Construction PIS Gcu	`CUCPIS`	`CAPIS` `CIPIS`		`CAPIS`	10072.5	$\frac{d CUCPIS (t)}{d t} = - CAPIS (t) + CIPIS (t)$
Capacity Under Construction PUS Gcu	`CUCPUS`	`CIPUS` `CAPUS`		`CAPUS`	909.5	$\frac{d CUCPUS (t)}{d t} = - CAPUS (t) + CIPUS (t)$
CUC PUS in 1980 Gcu	`CUCPUS1980`	`LCPUS1980`	`EMCUC` `CAPPUS1980` `CTPUS`			$CUCPUS 1980 (t) = \frac{CAPPUS 1980 \cdot CTPUS \cdot EMCUC}{LCPUS 1980 (t)}$
Effect of Capacity Renewal 1/y	`ECR`	`CRR` `ITFP` `ETFP`		`ETFP`		$ECR (t) = (- ETFP (t) + ITFP (t)) \cdot CRR (t)$
Excess DEmand (1)	`EDE`	`OOV` `TPP`		`PEDE`		$EDE (t) = \frac{TPP (t)}{OOV (t)}$
ED Effect on Flow to Capacity Addition (1)	`EDEFCA`	`PEDE`	`EDEFRA` `ED1980`	`FACNC`		$EDEFCA (t) = 1 + EDEFRA \cdot (- 1 + \frac{PEDE (t)}{ED 1980})$
Excess Demand Effect on Life of Capacity (1)	`EDELC`	`PEDE`	`EDELCM` `ED1980`	`LCPIS`		$EDELC (t) = 1 + EDELCM \cdot (- 1 + \frac{PEDE (t)}{ED 1980})$
Embedded TFP (1)	`ETFP`	`ECR`		`ECR` `ORO`	1.0	$\frac{d ETFP (t)}{d t} = ECR (t)$
Fraction of Available Capital to New Capacity (1)	`FACNC`	`EDEFCA` `CBCEFCA` `FRACAMGDPPL` `FACNC` `WSOEFCA`	`FRA1980` `IPT`	`FACNC` `INCPIS`	1.0515	$\frac{d FACNC (t)}{d t} = \frac{- FACNC (t) + \frac{1}{3} \cdot FRA 1980 \cdot (CBCEFCA (t) + EDEFCA (t) + WSOEFCA (t)) \cdot FRACAMGDPPL (t)}{IPT}$
FRACA Mult from GDPpP - Line (1)	`FRACAMGDPPL`	`GDPP`	`GDPP1980` `FRACAM` `GDPPEFRACA`	`FACNC`		$FRACAM GDPPL (t) = \max (FRACAM, 1 + GDPPEFRACA \cdot (- 1 + \frac{GDPP (t)}{GDPP 1980}))$
FRACA Mult from GDPpP - Table (1)	`FRACAMGDPPT`	`GDPP`	`GDPP1980`			$FRACAMGDPPT (t) = (\frac{GDPP (t)}{GDPP 1980} \geq 0) \cdot (\frac{GDPP (t)}{GDPP 1980} < 1) + 0.5 \cdot (\frac{GDPP (t)}{GDPP 1980} \geq 16) + (0.85 - 0.1 \cdot (- 2 + \frac{GDPP (t)}{GDPP 1980})) \cdot (\frac{GDPP (t)}{GDPP 1980} \geq 2) \cdot (\frac{GDPP (t)}{GDPP 1980} < 2.1) + (0.55 - 0.0063 \cdot (- 8 + \frac{GDPP (t)}{GDPP 1980})) \cdot (\frac{GDPP (t)}{GDPP 1980} \geq 8) \cdot (\frac{GDPP (t)}{GDPP 1980} < 16) + (0.65 - 0.025 \cdot (- 4 + \frac{GDPP (t)}{GDPP 1980})) \cdot (\frac{GDPP (t)}{GDPP 1980} \geq 4) \cdot (\frac{GDPP (t)}{GDPP 1980} < 8) + (1 - 0.15 \cdot (- 1 + \frac{GDPP (t)}{GDPP 1980})) \cdot (\frac{GDPP (t)}{GDPP 1980} \geq 1) \cdot (\frac{GDPP (t)}{GDPP 1980} < 2) + (0.84 - 0.1 \cdot (- 2.1 + \frac{GDPP (t)}{GDPP 1980})) \cdot (\frac{GDPP (t)}{GDPP 1980} \geq 2.1) \cdot (\frac{GDPP (t)}{GDPP 1980} < 4) + (\frac{GDPP (t)}{GDPP 1980} < 0)$
Investment in New Capacity PIS Gdollar/y	`INCPIS`	`AVCA` `FACNC`		`CIPIS` `ISGDP`		$INCPIS (t) = AVCA (t) \cdot FACNC (t)$
Investment Share of GDP (1)	`ISGDP`	`GIPC` `INCPIS` `GDP`				$ISGDP (t) = \frac{GIPC (t) + INCPIS (t)}{GDP (t)}$
Life of Capacity PIS y	`LCPIS`	`EDELC` `OWELC`	`LCPIS1980`	`CDPIS`		$LCPIS (t) = \frac{LCPIS 1980 \cdot OWELC (t)}{EDELC (t)}$
Life of Capacity PUS y	`LCPUS`	`LCPUS1980`		`CDPUS`		$LCPUS (t) = LCPUS 1980 (t)$
Life of Capacity PUS in 1980 y	`LCPUS1980`	`OWELC`		`CUCPUS1980` `LCPUS`		$LCPUS 1980 (t) = 15 \cdot OWELC (t)$
Off-Balance Sheet Govmnt Inv in PIS (share of GDP)	`OBSGIPIS`		`USPIS2022`	`CIPIS`		$OBSGIPIS (t) = ifelse ((t > 2000), USPIS 2022, 0)$
Off-Balance-Sheet Govmnt Inv in PUS (share of GDP)	`OBSGIPUS`		`USPUS2022`	`CIPUS`		$OBSGIPUS (t) = ifelse ((t > 2000), 0.01 + USPUS 2022, 0.01)$
Output Growth Rate 1/y	`OGR`	`OLY` `ORO` `OGR`		`NCCR` `OGR`	0.06	$\frac{d OGR (t)}{d t} = \frac{- OLY (t) + ORO (t)}{OLY (t)} - OGR (t)$
Output Last Year Gdollar/y	`OLY`	`OLY` `ORO`		`OGR` `OLY`	26497.1	$\frac{d OLY (t)}{d t} = - OLY (t) + ORO (t)$
Optimal Ouput - Value Gdollar/y	`OOV`	`ORO`	`PRUN`	`EDE`		$OOV (t) = PRUN \cdot ORO (t)$
Optimal Real Output Gu/y	`ORO`	`CPUS` `LAUS` `CPIS` `ETFP`	`OO1980` `LAMBDA` `LAUS1980` `KAPPA` `CAPPUS1980` `CAPPIS1980`	`OUTP` `OGR` `OLY` `OOV`		$ORO (t) = {(\frac{LAUS (t)}{LAUS 1980})}^{LAMBDA} \cdot {(\frac{CPIS (t) + CPUS (t)}{CAPPIS 1980 + CAPPUS 1980})}^{KAPPA} \cdot OO 1980 \cdot ETFP (t)$
OWeoCOC (1)	`OWECC`	`OW`	`OWECCM` `OW2022`	`COCA`		$OWECC (t) = ifelse ((t > 2000), 1 + OWECCM \cdot (- 1 + \frac{OW (t)}{OW 2022}), 1)$
OWeoLOC (1)	`OWELC`	`OW`	`OWELCM` `OW2022`	`LCPUS1980` `LCPIS`		$OWELC (t) = ifelse ((t > 2000), 1 + OWELCM \cdot (- 1 + \frac{OW (t)}{OW 2022}), 1)$
Perceived Excess DEmand (1)	`PEDE`	`EDE` `PEDE`	`TOED`	`PEDE` `EDEFCA` `EDELC`	1.0	$\frac{d PEDE (t)}{d t} = \frac{- PEDE (t) + EDE (t)}{TOED}$
WSO Effect on Flow to Capacity Addition (1)	`WSOEFCA`	`WASH`	`WSOEFRA`	`FACNC`		$WSOEFCA (t) = 1 + WSOEFRA \cdot (- 1 + 2 \cdot WASH (t))$

The parameters

Vensim name	Name	Is used by	Value
CAP PIS in 1980 Gcu	`CAPPIS1980`	`ORO`	59250.0
CAP PUS in 1980 Gcu	`CAPPUS1980`	`CUCPUS1980` `ORO`	5350.0
sCBCeoFRA<0: Corporate Borrowing Cost Effect on FRA	`CBCEFRA`	`CBCEFCA`	-0.8
Cost of Capacity in 1980 dollar/cu	`CC1980`	`COCA`	1.0
Construction Time PIS y	`CTPIS`	`CAPIS`	1.5
Construction Time PUS y	`CTPUS`	`CAPUS` `CUCPUS1980`	1.5
Excess Demand in 1980	`ED1980`	`EDEFCA` `EDELC`	1.0
sEDeoFRA>0: Excess Demand Effect on FRA	`EDEFRA`	`EDEFCA`	5.0
sEDeoLOC>0: Excess Demand Effect on Life of Capacity	`EDELCM`	`EDELC`	0.5
Extra Mult on CUC, to avoid initial transient in investment share of GDP	`EMCUC`	`CUCPUS1980`	1.7
Foreign Capital Inflow Gdollar/y	`FCI`	`AVCA`	0.0
FRA in 1980	`FRA1980`	`FACNC`	0.9
FRACA Min	`FRACAM`	`FRACAMGDPPL`	0.65
GDP per Person in 1980	`GDPP1980`	`FRACAMGDPPL` `FRACAMGDPPT`	6.4
sGDPppeoFRACA<0: GDP per Person Effect on FRACA	`GDPPEFRACA`	`FRACAMGDPPL`	-0.2
Investment Planning Time y	`IPT`	`FACNC`	1.0
Kappa	`KAPPA`	`ORO`	0.3
Lambda	`LAMBDA`	`ORO`	0.7
Labour Use in 1980 Gph/y	`LAUS1980`	`ORO`	3060.0
Life of Capacity PIS in 1980 y	`LCPIS1980`	`LCPIS`	15.0
Optimal output in 1980 Gu/y	`OO1980`	`ORO`	28087.0
OBserved WArming in 2022 deg C	`OW2022`	`OWECC` `OWELC`	1.35
sOWeoCOC>0: Observed Warming Effect on Cost of Capacity Multiplier	`OWECCM`	`OWECC`	0.2
sOWeoLOC<0: Observed Warming Effect on Life of Capacity Multiplier	`OWELCM`	`OWELC`	-0.1
Price per Unit dollar/u	`PRUN`	`OOV`	1.0
Time to observe excess demand y	`TOED`	`PEDE`	1.0
Unconventional Stimulus in PIS from 2022 (share of GDP)	`USPIS2022`	`OBSGIPIS`	0.0
Unconventional Stimulus in PUS from 2022 (share of GDP)	`USPUS2022`	`OBSGIPUS`	0.0
sWSOeoFRA<0: Worker Share of Output Effect on FRA	`WSOEFRA`	`WSOEFCA`	-2.5