Page 16 - Discussion Paper: Sustainability Dynamics of Resource Use and Economic Growth
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Discussion Paper
Model Equations 5) : c resource_intensity_of_economy = 1
UNITS: kilograms/rupees
STELLA VERSION 10.0.6. DOCUMENT: Resource intensity is a measure of the
STARTTIME=1, STOPTIME=200, DT=0.1,
INTEGRATION=RK4, RUNMODE=NORMAL, resources needed for the production and processing
PAUSEINTERVAL=INF of a unit of good or service, or for the completion of
: S = STOCK, : f = flow, : c = Converter, : b = biflow a process or activity; it is therefore a measure of the
efficiency of resource use. In this case the resource
INITIAL EQUATIONS intensity is expressed as % of money flow. It can be
changed using slide bars for policy testing.
1) : S Capital_with_Producers = 10000000000 6) : c total_spending_fraction = 1
UNITS: rupees UNITS: per year (1/yr)
DOCUMENT: This is the stock of capital with DOCUMENT: The total spending fraction is assumed
to be 1, i.e., 100%. The stocks of wealth i.e. difference
producers. It is assumed to be `1,000 cr. between income and expenditure, represent the savings
2) : S Capital_with_Sellers = 5000000000 in the economy.
UNITS: rupees 7) : f payments_by_households_to_producers_
DOCUMENT: This is the initial stock of capital with for_purchase _of_goods = (Wealth_with_
Households*total_spending_fraction)
sellers. Assumed to be `500 cr. UNITS: rupees/yr
3) : S Renewable__Natural_Resources = 1000000000000 DOCUMENT: Payments made by households for
UNITS: kilograms (kg) purchase of goods from producer.
DOCUMENT: This is the initial stock of renewable 8) : f payment_by_sellers_to_producers_for_
procurement_of_goods = Capital_with_Sellers*total_
natural resources relevant for producing goods. Initial spending_fraction
value is kept at 1,000 million tons. Its carrying capacity is UNITS: rupees/yr
kept at double its initial size i.e., 2,000 million tons. DOCUMENT: Payments made by sellers for
4) : S Wealth_with_Households = 5000000000 procurement of goods from producer.
UNITS: rupees
DOCUMENT: This is the initial stock of money with
households. Assumed to be `500 cr.
16 AUGUST 2015
Model Equations 5) : c resource_intensity_of_economy = 1
UNITS: kilograms/rupees
STELLA VERSION 10.0.6. DOCUMENT: Resource intensity is a measure of the
STARTTIME=1, STOPTIME=200, DT=0.1,
INTEGRATION=RK4, RUNMODE=NORMAL, resources needed for the production and processing
PAUSEINTERVAL=INF of a unit of good or service, or for the completion of
: S = STOCK, : f = flow, : c = Converter, : b = biflow a process or activity; it is therefore a measure of the
efficiency of resource use. In this case the resource
INITIAL EQUATIONS intensity is expressed as % of money flow. It can be
changed using slide bars for policy testing.
1) : S Capital_with_Producers = 10000000000 6) : c total_spending_fraction = 1
UNITS: rupees UNITS: per year (1/yr)
DOCUMENT: This is the stock of capital with DOCUMENT: The total spending fraction is assumed
to be 1, i.e., 100%. The stocks of wealth i.e. difference
producers. It is assumed to be `1,000 cr. between income and expenditure, represent the savings
2) : S Capital_with_Sellers = 5000000000 in the economy.
UNITS: rupees 7) : f payments_by_households_to_producers_
DOCUMENT: This is the initial stock of capital with for_purchase _of_goods = (Wealth_with_
Households*total_spending_fraction)
sellers. Assumed to be `500 cr. UNITS: rupees/yr
3) : S Renewable__Natural_Resources = 1000000000000 DOCUMENT: Payments made by households for
UNITS: kilograms (kg) purchase of goods from producer.
DOCUMENT: This is the initial stock of renewable 8) : f payment_by_sellers_to_producers_for_
procurement_of_goods = Capital_with_Sellers*total_
natural resources relevant for producing goods. Initial spending_fraction
value is kept at 1,000 million tons. Its carrying capacity is UNITS: rupees/yr
kept at double its initial size i.e., 2,000 million tons. DOCUMENT: Payments made by sellers for
4) : S Wealth_with_Households = 5000000000 procurement of goods from producer.
UNITS: rupees
DOCUMENT: This is the initial stock of money with
households. Assumed to be `500 cr.
16 AUGUST 2015
