Growth A Present=
	12
	~	
	~		|

Growth Parameter A=
	IF THEN ELSE(Time<=1998, Growth A Present ,Growth A Future )
	~	
	~		|

Demat Decay Rate Future=
	0.012
	~	
	~		|

Growth A Future=
	12
	~	
	~		|

Fractional Decay Rate of Intensity Reduction=
	IF THEN ELSE(Time<=1998, Demat Decay Rate Present ,Demat Decay Rate Future)
	~	
	~		|

Demat Decay Rate Present=
	0.012
	~	
	~		|

Fractional Technical Efficiency Growth Rate=
	 1-(1/(1+EXP(Growth Parameter A*(Technical Efficiency Saturation Index-1))))
	~	
	~		|

ICT Fraction of Capital=
	ICT Capital Growth Rate*(Cumulative Production Monetary/7315.2)
	~	
	~		|

Capital Intensity of Output=
	Capital/Gross Output
	~	
	~		|

Labour Intensity of Output=
	Labour/Gross Output
	~	
	~		|

Marginal Productivity of Labour=
	Linex parameter a*((Labour+Exergy Services)/Capital)
	~	
	~		|

Gross Output= ACTIVE INITIAL (
	Exergy Services*((Labour/Exergy Services)^(Linex Parameter c*ICT Fraction of Capital\
		))*EXP( Linex parameter a*(2-((Labour+Exergy Services)/Capital))+Linex parameter a*\
		Linex parameter b*
	((Labour
	/Exergy Services)-1)),
		1)
	~	
	~	service LINEX function (see Ayres and Warr 2002, Drivers of Growth)
	|

Linex Parameter c=
	-0.0378207
	~	
	~		|

ICT Capital Growth Rate=
	0.00105
	~	
	~		|

Exergy Service Intensity of Output=
	Exergy Services/Gross Output
	~	
	~		|

Marginal Productivity of Exergy Services=
	1-(Linex parameter a*((Labour+Exergy Services)/Capital))-(Linex parameter a*(Linex parameter b\
		*((Labour/Exergy Services)-(Labour/Capital))))
	~	
	~		|

Monetary Output=
	Gross Output*"Reference Output t=1900"
	~	
	~		|

Marginal Productivity of Capital=
	Linex parameter a*(Linex parameter b*((Labour/Exergy Services)-(Labour/Capital)))
	~	
	~		|

Loss Parameter A=
	-0.0203
	~	
	~	-0.0203786
	|

Labour Death Rate=
	IF THEN ELSE(Time<=Structural Shift Time D, Fractional Labour Death Rate A*Labour, Fractional Labour Death Rate B\
		*Labour
	)
	~	
	~		|

Labour Intensity of Capital=
	Labour/Capital
	~	
	~		|

Loss Parameter B=
	 3
	~	
	~	 3
	|

Fractional Technical Efficiency Loss Rate=
	Loss Parameter A+Loss Parameter C*Technical Efficiency Saturation Index^Loss Parameter B
	~	
	~		|

Loss Parameter C=
	23.8718
	~	
	~	23.8718
	|

Maximum Feasible Technical Efficiency=
	1
	~	
	~		|

Exergy Service Intensity of Capital=
	Exergy Services/Capital
	~	
	~		|

Exergy Service Intensity of Labour=
	Exergy Services/Labour
	~	
	~		|

Primary Exergy Intensity of Capital=
	Primary Exergy Demand/Capital
	~	
	~		|

Primary Exergy Intensity of Labour=
	Primary Exergy Demand/Labour
	~	
	~		|

Exergy Services Production=
	Technical Efficiency of Primary Exergy Conversion*Primary Exergy Production
	~	
	~		|

Primary Exergy Production=
	Primary Exergy Demand*"Reference Primary Exergy Production t=1900"
	~	
	~		|

Fractional Labour Death Rate A=
	0.10886
	~	
	~		|

Fractional Labour Death Rate B=
	0.120208
	~	
	~		|

Fractional Labour Growth Rate A=
	0.124721
	~	
	~		|

Fractional Labour Growth Rate B=
	0.135787
	~	
	~		|

Technical Efficiency of Primary Exergy Conversion= INTEG (
	Technical Efficiency Growth Rate-Technical Efficiency Loss Rate,
		Initial Technical Efficiency of Primary Exergy Conversion)
	~	
	~		|

Technical Efficiency Saturation Index=
	 Technical Efficiency of Primary Exergy Conversion/Maximum Feasible Technical Efficiency
	~	
	~		|

Initial Technical Efficiency of Primary Exergy Conversion=
	0.0259
	~	
	~		|

Structural Shift Time C=
	 1959
	~	
	~		|

Structural Shift Time D=
	1920
	~	
	~		|

"Reference Primary Exergy Cumulative Production t=1900"=
	24.89
	~	
	~		|

Technical Efficiency Loss Rate=
	 Fractional Technical Efficiency Loss Rate*Technical Efficiency of Primary Exergy Conversion
	~	
	~		|

Labour Growth Rate=
	IF THEN ELSE(Time<=Structural Shift Time C, Fractional Labour Growth Rate A*Labour, \
		Fractional Labour Growth Rate B*Labour)
	~	
	~		|

Labour= INTEG (
	Labour Growth Rate-Labour Death Rate,
		1)
	~	
	~		|

Technical Efficiency Growth Rate=
	 Fractional Technical Efficiency Growth Rate*(Primary Exergy Cumulative Production/"Reference Primary Exergy Cumulative Production t=1900"\
		)
	~	
	~		|

Capital= INTEG (
	Investment-Depreciation,
		1)
	~	
	~		|

Depreciation Rate B=
	0.106435
	~	
	~	Optimised over period 1950-1998
	|

Depreciation=
	Capital*Depreciation Rate
	~	
	~		|

Depreciation Rate=
	IF THEN ELSE( Time<=Structural Shift Time B, Depreciation Rate A, Depreciation Rate B\
		 )
	~	
	~		|

Depreciation Rate A=
	0.0590329
	~	
	~	Optimised over period 1900-1950
	|

Investment Fraction=
	IF THEN ELSE( Time<=Structural Shift Time A,Investment Fraction A , Investment Fraction B\
		)
	~	
	~	Fraction of output invested (savings rate), determined empirically (data \
		described in Ayres and Warr, 2002). A constant value changing in 1928 and \
		reflecting structural change from old to new constant ratio (WHERE IS \
		OFTEN REPEATED EVIDENCE OF CONSTANT RATIO)
	|

Investment Fraction A=
	0.0809601
	~	
	~	Determined by optimisation (1900-1928)
	|

Investment Fraction B=
	0.0741895
	~	
	~	Determined by optimisation (1928-1998)
	|

Structural Shift Time B=
	1930
	~	
	~		|

Structural Shift Time A=
	1970
	~	
	~		|

Linex parameter a=
	0.13
	~	
	~		|

Exergy Services= ACTIVE INITIAL (
	(Exergy Services Cumulative Production-Last Years Exergy Service Production)/"Reference Exergy Services Production t=1900"\
		,
		1)
	~	dmnl
	~		|

Exergy Services Cumulative Production= INTEG (
	Exergy Services Production,
		1)
	~	
	~		|

Initial Primary Exergy Intensity of Output=
	1
	~	
	~		|

Investment=
	Gross Output*Investment Fraction
	~	
	~		|

Last Years Exergy Service Production=
	DELAY FIXED (Exergy Services Cumulative Production, 1, 0)
	~	
	~		|

Linex parameter b=
	3.4
	~	
	~		|

"Reference Exergy Services Production t=1900"=
	0.65
	~	Ej
	~		|

Primary Exergy Cumulative Production= INTEG (
	Primary Exergy Production,
		24.89)
	~	
	~		|

Primary Exergy Demand=
	Primary Exergy Intensity of Output*Gross Output
	~	
	~		|

Primary Exergy Intensity of Output= INTEG (
	-Rate of Intensity Reduction,
		Initial Primary Exergy Intensity of Output)
	~	
	~		|

Rate of Intensity Reduction=
	Fractional Decay Rate of Intensity Reduction*Primary Exergy Intensity of Output
	~	
	~		|

"Reference Primary Exergy Production t=1900"=
	24.89
	~	
	~		|

Cumulative Production Monetary= INTEG (
	+Monetary Output,
		7315.2)
	~	billion 1992$
	~		|

"Reference Output t=1900"=
	354
	~	billion 1992$
	~		|

********************************************************
	.Control
********************************************************~
		Simulation Control Parameters
	|

FINAL TIME  = 2000
	~	Year
	~	The final time for the simulation.
	|

INITIAL TIME  = 1900
	~	Year
	~	The initial time for the simulation.
	|

SAVEPER  = 
        TIME STEP 
	~	Year
	~	The frequency with which output is stored.
	|

TIME STEP  = 1
	~	Year
	~	The time step for the simulation.
	|

\\\---/// Sketch information - do not modify anything except names
V300  Do not put anything below this section - it will be ignored
*Economy
$192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96
10,1,Cumulative Production Monetary,608,441,60,34,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
12,2,48,252,434,8,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|0||0-0-0
1,3,6,1,4,0,0,23,3,0,0,255-128-0,|0||0-0-0,1|(490,434)|
1,4,6,2,100,0,0,23,3,0,0,255-128-0,|0||0-0-0,1|(340,434)|
10,5,"Reference Output t=1900",229,480,64,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
11,6,652,426,434,6,8,34,3,0,0,1,0,0,0
10,7,Monetary Output,426,461,42,19,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
10,8,Gross Output,441,299,56,11,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,9,8,6,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(460,392)|
10,10,Labour,454,199,31,11,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
10,11,Capital,620,199,32,11,8,3,0,32,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|10||128-128-128
1,12,11,8,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(505,254)|
1,13,10,8,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(440,237)|
10,14,Linex parameter a,219,272,55,19,8,3,0,48,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10|I|0-0-0
1,15,14,8,1,0,0,13,1,0,0,255-128-0,|0||0-0-0,1|(331,308)|
10,16,Linex parameter b,221,333,55,19,8,3,0,48,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10|I|0-0-0
1,17,16,8,1,0,0,13,1,0,0,255-128-0,|0||0-0-0,1|(315,367)|
10,18,Exergy Services,277,199,35,19,8,3,0,32,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|10||128-128-128
1,19,18,8,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(357,268)|
12,20,0,449,93,104,28,8,4,0,48,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|14|B|0-0-0
REX Level 1c by Benjamin Warr CMER INSEAD November 2002
10,21,Labour Death Rate,294,199,55,19,8,2,9,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,22,21,10,0,9,0,13,1,0,0,255-128-0,|0||0-0-0,1|(376,199)|
10,23,Labour Growth Rate,486,199,60,19,8,2,9,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,24,23,10,0,9,0,13,1,0,0,255-128-0,|0||0-0-0,1|(479,199)|
10,25,Depreciation,232,277,40,20,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,26,25,11,0,2,0,13,1,0,0,255-128-0,|0||0-0-0,1|(420,238)|
10,27,Investment,213,296,40,20,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,28,27,11,0,2,0,13,1,0,0,255-128-0,|0||0-0-0,1|(411,248)|
10,29,Exergy Services Cumulative Production,567,279,72,28,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,30,29,18,0,2,0,13,1,0,0,255-128-0,|0||0-0-0,1|(412,236)|
10,31,Last Years Exergy Service Production,548,298,85,19,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,32,31,18,0,2,0,13,1,0,0,255-128-0,|0||0-0-0,1|(412,248)|
10,33,"Reference Exergy Services Production t=1900",586,317,82,28,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,34,33,18,0,2,0,13,1,0,0,255-128-0,|0||0-0-0,1|(421,253)|
10,35,ICT Fraction of Capital,610,297,61,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,36,5,7,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(327,523)|
1,37,1,35,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(636,389)|
10,38,Linex Parameter c,222,390,53,19,8,3,0,48,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
1,39,38,8,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(372,389)|
1,40,35,8,0,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(532,297)|
10,41,ICT Capital Growth Rate,750,224,54,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,42,41,35,0,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(688,256)|
12,43,0,657,89,98,24,8,4,0,40,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
Factors of production are normalised to 1900 values making them dimensionless.
\\\---/// Sketch information - do not modify anything except names
V300  Do not put anything below this section - it will be ignored
*Exergy
$192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96
10,1,Initial Primary Exergy Intensity of Output,411,43,79,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
10,2,Primary Exergy Intensity of Output,574,39,62,30,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
12,3,48,975,40,8,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,4,6,3,4,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(865,40)|
1,5,6,2,100,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(693,40)|
11,6,48,757,40,6,8,34,3,0,0,1,0,0,0
10,7,Rate of Intensity Reduction,757,67,70,19,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,8,2,7,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(666,103)|
10,9,Fractional Decay Rate of Intensity Reduction,895,127,71,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,10,9,7,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(827,59)|
10,11,Primary Exergy Demand,405,173,65,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,12,2,11,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(511,143)|
10,13,Gross Output,399,111,37,19,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|10||128-128-128
1,14,13,11,1,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(392,143)|
10,15,Primary Exergy Cumulative Production,902,226,81,35,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
12,16,48,352,223,8,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,17,18,16,100,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(441,223)|
11,18,48,529,223,6,8,34,3,0,0,1,0,0,0
10,19,Primary Exergy Production,529,250,65,19,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,20,11,18,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(478,200)|
1,21,18,15,4,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(678,223)|
10,22,"Reference Primary Exergy Production t=1900",609,157,79,28,8,3,1,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
10,23,"Reference Exergy Services Production t=1900",881,582,82,28,8,3,1,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
10,24,Exergy Services Cumulative Production,738,652,81,35,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
12,25,48,352,649,8,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,26,28,24,4,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(584,652)|
1,27,28,25,100,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(430,652)|
11,28,48,506,652,6,8,34,3,0,0,1,0,0,0
10,29,Exergy Services Production,506,679,66,19,40,3,0,32,1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
10,30,Exergy Services,925,676,35,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
10,31,Last Years Exergy Service Production,772,583,78,19,8,3,2,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,32,24,31,1,2,0,14,1,64,0,255-128-0,|12||0-0-0,1|(739,618)|
1,33,23,30,1,1,0,14,1,64,0,255-128-0,|12||0-0-0,1|(921,642)|
1,34,31,30,1,2,0,14,1,64,0,255-128-0,|12||0-0-0,1|(839,624)|
1,35,24,30,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(870,647)|
10,36,Technical Efficiency of Primary Exergy Conversion,683,341,78,34,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
12,37,48,352,335,8,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,38,40,36,4,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(549,335)|
1,39,40,37,100,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(420,335)|
11,40,48,487,335,6,8,34,3,0,0,1,0,0,0
10,41,Technical Efficiency Growth Rate,487,371,73,28,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
12,42,48,975,337,8,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,43,45,42,4,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(905,337)|
1,44,45,36,100,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(796,337)|
11,45,48,837,337,6,8,34,3,0,0,1,0,0,0
10,46,Technical Efficiency Loss Rate,837,373,60,28,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,47,Technical Efficiency Saturation Index,644,526,81,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,48,Maximum Feasible Technical Efficiency,574,430,81,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,49,"Reference Primary Exergy Cumulative Production t=1900",411,281,79,28,8,3,9,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,50,Initial Technical Efficiency of Primary Exergy Conversion,842,296,86,28,8,3,2,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,51,15,40,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(659,265)|
1,52,49,40,1,8,0,14,1,64,0,255-128-0,|12||0-0-0,1|(450,306)|
1,53,36,46,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(723,402)|
1,54,36,47,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(663,431)|
1,55,48,47,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(602,485)|
10,56,Fractional Technical Efficiency Growth Rate,413,445,84,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,57,Fractional Technical Efficiency Loss Rate,874,445,84,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,58,Growth Parameter A,399,526,55,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
10,59,Loss Parameter A,771,526,55,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
10,60,Loss Parameter B,868,526,54,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
10,61,Loss Parameter C,970,526,54,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
1,62,47,57,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(719,459)|
1,63,59,57,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(798,490)|
1,64,60,57,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(869,491)|
1,65,61,57,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(926,468)|
1,66,58,56,0,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(403,499)|
1,67,56,41,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(445,395)|
1,68,57,46,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(860,401)|
1,69,47,56,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(516,508)|
10,70,Technical Efficiency of Primary Exergy Conversion,584,584,98,28,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,71,70,28,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(550,630)|
10,72,Primary Exergy Production,436,594,72,19,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,73,72,28,1,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(455,627)|
1,74,22,18,0,1,0,14,1,64,0,255-128-0,|12||0-0-0,1|(561,196)|
10,75,Demat Decay Rate Present,599,131,57,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,76,Demat Decay Rate Future,594,180,57,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,77,Time,1072,104,35,11,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,78,75,9,0,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(730,129)|
1,79,76,9,0,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(728,156)|
1,80,77,9,0,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(1010,111)|
10,81,Growth A Future,234,481,41,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,82,Growth A Present,190,534,41,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,83,81,58,0,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(300,498)|
1,84,82,58,0,0,0,14,1,64,0,255-128-0,|12||0-0-0,1|(278,530)|
10,85,Time,196,591,35,11,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,86,85,58,0,0,0,14,1,0,0,255-128-0,|12||0-0-0,1|(277,564)|
\\\---/// Sketch information - do not modify anything except names
V300  Do not put anything below this section - it will be ignored
*Capital
$192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96
10,1,Capital,495,185,40,20,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
12,2,48,205,186,8,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,3,4,2,100,0,0,23,3,0,0,255-128-0,|0||0-0-0,1|(258,186)|
11,4,48,310,186,6,8,34,3,0,0,1,0,0,0
10,5,Investment,310,205,47,11,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
12,6,48,789,185,8,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,7,8,6,4,0,0,23,3,0,0,255-128-0,|0||0-0-0,1|(718,186)|
11,8,48,649,186,6,8,34,3,0,0,1,0,0,0
10,9,Depreciation,649,205,54,11,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
10,10,Investment Fraction,407,323,48,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
10,11,Time,510,420,35,11,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|10||128-128-128
1,12,11,10,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(469,369)|
1,13,10,5,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(414,262)|
10,14,Depreciation Rate,602,323,55,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
10,15,Gross Output,197,252,37,19,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|10||128-128-128
1,16,15,5,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(233,219)|
1,17,14,9,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(555,256)|
1,18,11,14,1,0,0,13,1,0,0,255-128-0,|0||0-0-0,1|(554,365)|
1,19,4,1,4,0,0,23,3,0,0,255-128-0,|0||0-0-0,1|(385,186)|
1,20,8,1,100,0,0,23,3,0,0,255-128-0,|0||0-0-0,1|(589,186)|
10,21,Investment Fraction A,181,310,47,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10|I|0-0-0
10,22,Investment Fraction B,181,373,47,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10|I|0-0-0
10,23,Depreciation Rate A,798,310,56,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10|I|0-0-0
10,24,Depreciation Rate B,798,373,56,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10|I|0-0-0
1,25,21,10,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(308,269)|
1,26,22,10,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(273,328)|
1,27,23,14,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(693,268)|
1,28,24,14,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(704,330)|
10,29,Structural Shift Time A,193,434,64,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10|I|0-0-0
10,30,Structural Shift Time B,791,427,63,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|10||0-0-0
1,31,29,10,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(276,371)|
1,32,30,14,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(699,357)|
1,33,1,8,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(578,149)|
\\\---/// Sketch information - do not modify anything except names
V300  Do not put anything below this section - it will be ignored
*Labour
$192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96
10,1,Labour,477,202,40,20,3,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
12,2,48,257,204,8,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,3,5,1,4,0,0,13,1,0,0,255-128-0,|0||0-0-0,1|(391,203)|
1,4,5,2,100,0,0,13,1,0,0,255-128-0,|0||0-0-0,1|(299,203)|
11,5,48,340,203,6,8,34,3,0,0,1,0,0,0
10,6,Labour Growth Rate,340,230,54,19,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
12,7,48,718,202,8,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,8,10,7,4,0,0,13,1,0,0,255-128-0,|0||0-0-0,1|(665,203)|
1,9,10,1,100,0,0,13,1,0,0,255-128-0,|0||0-0-0,1|(563,203)|
11,10,48,615,203,6,8,34,3,0,0,1,0,0,0
10,11,Labour Death Rate,615,230,59,19,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,12,Fractional Labour Growth Rate A,263,333,76,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
10,13,Fractional Labour Growth Rate B,304,403,76,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
10,14,Fractional Labour Death Rate A,720,333,76,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
10,15,Fractional Labour Death Rate B,674,403,76,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
10,16,Structural Shift Time C,428,361,64,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
10,17,Time,476,301,35,11,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,18,17,6,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(416,293)|
1,19,17,11,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(542,289)|
1,20,1,6,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(423,240)|
1,21,1,11,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(510,231)|
1,22,12,6,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(295,286)|
1,23,13,6,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(339,350)|
1,24,14,11,0,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(675,288)|
1,25,15,11,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(617,252)|
1,26,16,6,1,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(384,320)|
10,27,Structural Shift Time D,556,361,64,19,8,3,0,48,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12|I|0-0-0
1,28,27,11,0,0,0,13,1,64,0,255-128-0,|0||0-0-0,1|(580,305)|
\\\---/// Sketch information - do not modify anything except names
V300  Do not put anything below this section - it will be ignored
*Intensity Measures
$192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96
10,1,Capital,482,151,32,11,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,2,Depreciation,207,86,40,20,8,2,9,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,3,2,1,0,9,0,0,1,0,0,255-128-0,|0||0-0-0,1|(341,117)|
10,4,Investment,202,166,40,20,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,5,4,1,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(339,158)|
10,6,Exergy Services,854,313,35,19,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,7,Exergy Services Cumulative Production,200,200,72,28,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,8,7,6,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(538,257)|
10,9,Last Years Exergy Service Production,197,244,85,19,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,10,9,6,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(543,279)|
10,11,"Reference Exergy Services Production t=1900",196,294,82,28,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,12,11,6,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(541,303)|
10,13,Gross Output,295,85,56,11,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,14,1,13,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(395,120)|
1,15,6,13,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(576,200)|
10,16,Labour,209,389,44,11,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,17,16,13,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(249,243)|
10,18,Linex parameter a,209,354,62,19,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,19,18,13,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(250,222)|
10,20,Linex parameter b,204,425,62,19,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,21,20,13,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(248,257)|
10,22,Labour,672,235,31,11,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,23,Labour Death Rate,342,420,55,19,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,24,23,22,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(507,326)|
10,25,Labour Growth Rate,323,439,60,19,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,26,25,22,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(497,336)|
10,27,Technical Efficiency of Primary Exergy Conversion,672,143,92,28,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,28,Technical Efficiency Growth Rate,318,497,73,28,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,29,28,27,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(490,324)|
10,30,Technical Efficiency Loss Rate,299,516,60,28,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,31,30,27,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(480,334)|
10,32,Exergy Service Intensity of Capital,672,312,61,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,33,Labour Intensity of Capital,482,235,70,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,34,Exergy Service Intensity of Labour,482,312,61,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,35,6,32,0,2,0,0,1,64,0,255-128-0,|0||0-0-0,1|(782,312)|
1,36,6,34,0,2,0,0,1,64,0,255-128-0,|0||0-0-0,1|(687,312)|
1,37,22,33,0,2,0,0,1,64,0,255-128-0,|0||0-0-0,1|(603,235)|
1,38,1,32,0,2,0,0,1,64,0,255-128-0,|0||0-0-0,1|(560,218)|
1,39,22,34,0,2,0,0,1,64,0,255-128-0,|0||0-0-0,1|(600,263)|
1,40,1,33,0,2,0,0,1,64,0,255-128-0,|0||0-0-0,1|(482,182)|
10,41,Primary Exergy Demand,854,399,65,19,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,42,13,41,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(560,234)|
10,43,Primary Exergy Intensity of Output,836,464,72,28,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,44,43,41,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(843,433)|
10,45,Primary Exergy Intensity of Output,295,399,81,19,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,46,Rate of Intensity Reduction,268,421,49,28,8,2,2,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,47,46,45,0,2,0,0,1,0,0,255-128-0,|0||0-0-0,1|(281,409)|
10,48,Primary Exergy Intensity of Labour,482,399,65,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,49,Primary Exergy Intensity of Capital,672,399,65,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,50,41,48,0,2,0,0,1,64,0,255-128-0,|0||0-0-0,1|(675,399)|
1,51,22,48,0,2,0,0,1,64,0,255-128-0,|0||0-0-0,1|(592,303)|
1,52,41,49,0,2,0,0,1,64,0,255-128-0,|0||0-0-0,1|(770,399)|
1,53,1,49,0,2,0,0,1,64,0,255-128-0,|0||0-0-0,1|(565,260)|
10,54,ICT Fraction of Capital,295,114,68,19,8,2,1,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,55,54,13,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(295,102)|
10,56,Linex Parameter c,295,114,59,19,8,2,1,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,57,56,13,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(295,102)|
10,58,Capital Intensity of Output,295,151,71,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,59,Labour Intensity of Output,295,236,70,19,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,60,Exergy Service Intensity of Output,295,323,61,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
1,61,13,58,0,1,0,0,1,64,0,255-128-0,|0||0-0-0,1|(295,107)|
1,62,1,58,0,1,0,0,1,64,0,255-128-0,|0||0-0-0,1|(415,151)|
1,63,13,59,0,1,0,0,1,64,0,255-128-0,|0||0-0-0,1|(295,149)|
1,64,13,60,0,1,0,0,1,64,0,255-128-0,|0||0-0-0,1|(295,188)|
1,65,6,60,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(593,316)|
1,66,22,59,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(510,235)|
10,67,Marginal Productivity of Labour,292,473,61,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,68,Marginal Productivity of Capital,483,471,61,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,69,Marginal Productivity of Exergy Services,679,475,66,28,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Futura Md BT|12||0-0-0
10,70,Linex parameter a,106,404,62,19,8,2,1,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
10,71,Linex parameter b,93,459,62,19,8,2,1,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,72,70,67,0,1,0,0,1,64,0,255-128-0,|0||0-0-0,1|(187,434)|
1,73,70,68,0,1,0,0,1,64,0,255-128-0,|0||0-0-0,1|(288,436)|
1,74,71,68,0,1,0,0,1,64,0,255-128-0,|0||0-0-0,1|(281,464)|
1,75,1,67,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(395,297)|
1,76,6,67,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(592,386)|
1,77,22,67,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(501,341)|
1,78,1,68,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(482,295)|
1,79,6,68,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(687,383)|
1,80,22,68,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(588,339)|
1,82,67,81,0,0,0,0,1,64,0,255-128-0,|0||0-0-0,1|(369,504)|
1,83,68,81,0,0,0,0,1,64,0,255-128-0,|0||0-0-0,1|(465,502)|
1,84,69,81,0,0,0,0,1,64,0,255-128-0,|0||0-0-0,1|(572,502)|
1,85,1,69,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(570,298)|
1,86,6,69,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(776,384)|
1,87,22,69,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(674,339)|
10,88,Linex parameter a,679,511,62,19,8,2,1,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,89,88,69,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(679,504)|
10,90,Linex parameter b,679,511,62,19,8,2,1,35,-1,0,0,0,128-128-128,0-0-0,Futura Md BT|12||128-128-128
1,91,90,69,0,1,0,0,1,0,0,255-128-0,|0||0-0-0,1|(679,504)|
\\\---/// Sketch information - do not modify anything except names
V300  Do not put anything below this section - it will be ignored
*Notes
$192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96
12,1,0,176,113,45,11,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
REX Level 1a
12,2,0,176,161,67,28,8,4,0,32,0,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
Exogenous inputs: capital and labour only
12,3,0,176,231,112,28,8,4,0,32,0,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
Parameters: Linex a and b, constant dematerialisation rate, technical efficiency LUT
12,4,0,504,113,45,11,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
REX Level 1b
12,5,0,504,161,64,19,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
Exogenous Inputs: Labour
12,6,0,504,231,146,38,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
Parameters: Linex a and b, technical efficiency growth and loss parameters, dematerialisation rate, capital investment fraction and depreciation rate.
12,7,0,812,231,134,38,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
Differs from Level 1a by inclusion of non-linear dynamic learning-by-doing process defining the rate of change of technical efficiency
12,8,0,504,328,136,38,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
State of Play: endogenised capital, need to edogenise labour and replace LUT for technical eficiency with learning dynamic.
12,9,0,812,113,44,11,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
REX Level 1c
12,10,0,812,161,46,19,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
Exogenous Inputs: None
12,11,0,504,416,152,47,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
Capital investment and depreciation parameters were optimised simultaneously. Constant parameters are not realistic. Two time period identified (initally via optimisation).
12,12,0,504,515,128,38,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Futura Lt BT|0||0-0-0
The strucutral change years were consistently 1930 (depreciation) and 1972-3 (investment) defined by optimisation.
///---\\\
:GRAPH GROSS_OUTPUT
:TITLE Gross Output
:WIP
:X-AXIS Time
:X-LABEL year
:X-DIV 10
:X-MIN 1900
:X-MAX 2050
:SCALE
:VAR Gross Output
:DATASET Empirical Data
:LINE-WIDTH 2
:VAR Gross Output
:LINE-WIDTH 1
:SCALE
:VAR Capital
:SCALE
:VAR Exergy Services
:SCALE
:VAR Labour
:GRAPH PARAMS
:TITLE PARAMS
:WIP
:X-AXIS Time
:X-MIN 1900
:X-MAX 2050
:SCALE
:VAR Primary Exergy Intensity of Output
:Y-MIN 0
:Y-MAX 1
:DATASET Empirical Data
:SCALE
:VAR Primary Exergy Intensity of Output
:Y-MIN 0
:Y-MAX 1
:SCALE
:VAR Technical Efficiency of Primary Exergy Conversion
:Y-MIN 0
:Y-MAX 1
:DATASET Empirical Data
:SCALE
:VAR Technical Efficiency of Primary Exergy Conversion
:Y-MIN 0
:Y-MAX 1
:L<%^E!@
1:C:\Documents and Settings\ben\Mes documents\ECONOMY\TERRA IAS\REX\REX LEVEL 1.1\teff 1c.vdf
1:C:\Documents and Settings\ben\Mes documents\ECONOMY\TERRA IAS\REX\REX LEVEL 1.1\Empirical Data.vdf
9:teff 1c
22:$,Dollar,Dollars,$s
22:Day,Days
22:Hour,Hours
22:Month,Months
22:Person,People,Persons
22:Unit,Units
22:Week,Weeks
22:Year,Years
13:Empirical Data
15:0,0,0,0,0,0
19:5,5
27:2,
4:Time
5:Exergy Services
24:1900
25:2000
26:2000