Description:    
Model of Covid-19 outbreak in Burnie, Tasmania  This model was designed from the SIR
model(susceptible, infected, recovered) to determine the effect of the covid-19
outbreak on economic outcomes via government policy.    Assumptions:    The government policy is triggered when t

Description:

Model of Covid-19 outbreak in Burnie, Tasmania

This model was designed from the SIR model(susceptible, infected, recovered) to determine the effect of the covid-19 outbreak on economic outcomes via government policy.

Assumptions:

The government policy is triggered when the number of infected is more than ten.

The government policies will take a negative effect on Covid-19 outbreaks and the financial system.

Parameters:

We set some fixed and adjusted variables.

Covid-19 outbreak's parameter

Fixed parameter: Background disease.

Adjusted parameters: Infection rate, recovery rate. Immunity loss rate can be changed from vaccination rate.

Government policy's parameters

Adjusted parameters: Testing rate(from 0.15 to 0.95), vaccination rate(from 0.3 to 1), travel ban(from 0 to 0.9), social distancing(from 0.1 to 0.8), Quarantine(from 0.1 to 0.9)

Economic's parameters

Fixed parameter: Tourism

Adjusted parameter: Economic growth rate(from 0.3 to 0.5)

Interesting insight

An increased vaccination rate and testing rate will decrease the number of infected cases and have a little more negative effect on the economic system. However, the financial system still needs a long time to recover in both cases.

国連が公表している人口の将来推計とOECDが公表している各種経済統計を参考にして、2000年から2100年までの人口・経済見通しを作成するためのダイナミクスモデル。     ①人口:年少(0-14歳)・再生産年齢人口(15-49歳)・後期生産年齢人口(50-64歳)・老年人口(65歳以上)にグループ分けし、出生数(再生産年齢人口×出生率)と死亡数(年代別死亡率×年代別人口の合計)を算出して総人口を推計     ②経済:2000年のGDPをストックとして、コブ=ダグラス型関数に基づき労働力人口(15歳以上人口×労働参加率)と資本ストック(総固定資本形成)および全要素生産性の成長率をフローとし、購
国連が公表している人口の将来推計とOECDが公表している各種経済統計を参考にして、2000年から2100年までの人口・経済見通しを作成するためのダイナミクスモデル。

①人口:年少(0-14歳)・再生産年齢人口(15-49歳)・後期生産年齢人口(50-64歳)・老年人口(65歳以上)にグループ分けし、出生数(再生産年齢人口×出生率)と死亡数(年代別死亡率×年代別人口の合計)を算出して総人口を推計

②経済:2000年のGDPをストックとして、コブ=ダグラス型関数に基づき労働力人口(15歳以上人口×労働参加率)と資本ストック(総固定資本形成)および全要素生産性の成長率をフローとし、購買力平価レートの変化率も加味して将来のGDP(購買力平価換算)を算出

現状投影シナリオ:2000年から2100年までに制度や前提条件の極端な変更はなく、現状のトレンドが続くと想定される場合
The Cred System is an alternative to traditional currency that increases community resiliency and reduces participant's dependence on traditional dollars. This model is a basic description of the Cred System, involving four people and two loops. ​
The Cred System is an alternative to traditional currency that increases community resiliency and reduces participant's dependence on traditional dollars. This model is a basic description of the Cred System, involving four people and two loops.
This model simulates the competition between logging versus adventure tourism(mountain bike riding) in Derby Tasmania. The purpose of this model is that focus on the relationship between the timber industry and mountain bike tourism in adventure. It also reflects how well these two industries co-exi
This model simulates the competition between logging versus adventure tourism(mountain bike riding) in Derby Tasmania. The purpose of this model is that focus on the relationship between the timber industry and mountain bike tourism in adventure. It also reflects how well these two industries co-exist. 

How this model works
This model shows tree grow development. In order to maximize the profits from selling the logging, the demand for timbers will increase. 
The mountain bike visits depend on past experience and recommendations. In addition, past experience and recommendations depend on Scenery, which is determined by the number of trees and visitors and adventure number. However, park capacity limits the number of use mountain bikes, because the convince of parking is a consideration for the visitors. 
It seems like the high logging sale does not deter mountain bike activities. By reducing the parking capacity, visitor experience and number are increased. Because of the strong relationship between the mountain bike park and the explosion in visitor numbers. With the improvement in the number of visitors, the number of food and restaurants will go up as well. Because of the daily needs of the visitors. 

A sample model for class discussion modeling COVID-19 outbreaks and responses from government with the effect on the local economy.  Govt policy is dependent on reported COVID-19 cases, which in turn depend on testing rates less those who recover       Assumptions   Govt policy reduces infection and
A sample model for class discussion modeling COVID-19 outbreaks and responses from government with the effect on the local economy.  Govt policy is dependent on reported COVID-19 cases, which in turn depend on testing rates less those who recover

Assumptions
Govt policy reduces infection and economic growth in the same way.

Govt policy is trigger when reported COVID-19 case are 10 or less.

A greater number of COVID-19 cases has a negative effect on the economy.  This is due to economic signalling that all is not well.

Interesting insights

Higher testing rates seem to trigger more rapid government intervention, which reduces infectious cases.  The impact on the economy though of higher detected cases though is negative. 




A detailed description of all model input parameters is available  here . These are discussed further  here  and  here .  Update 14 December 2015 (v2.5): correction to net output basis LCOE calculation, to include actual self power demand for wind, PV and batteries in place of "2015 reference" value
A detailed description of all model input parameters is available here. These are discussed further here and here.

Update 14 December 2015 (v2.5): correction to net output basis LCOE calculation, to include actual self power demand for wind, PV and batteries in place of "2015 reference" values.

Update 20 November 2015 (v2.4): levelised O&M costs now added for wind & PV, so that complete (less transmission-related investments) LCOE for wind and PV is calculated, for both gross and net output.

Update 18 November 2015 (v2.3: development of capital cost estimates for wind, PV and battery buffering, adding levelised capital cost per unit net output, for comparison with levelised capital cost per unit gross output. Levelised capital cost estimate has been substantially refined, bringing this into line with standard practice for capital recovery calculation. Discount rate is user adjustable.

Default maximum autonomy periods reduced to 48 hours for wind and 72 hours for PV.

Update 22 October 2015 (v2.2): added ramped introduction of wind and PV buffering capacity. Wind and PV buffering ramps from zero to the maximum autonomy period as wind and PV generated electricity increases as a proportion of overall electricity supply. The threshold proportion for maximum autonomy period is user adjustable. Ramping uses interpolation based on an elliptical curve between zero and the threshold proportion, to avoid discontinuities that produce poor response shape in key variables.

Update 23 September 2015 (v2.1): added capital investment calculation and associated LCOE contribution for wind generation plant, PV generation plant and storage batteries.

**This version (v2.0) includes refined energy conversion efficiency estimates, increasing the global mean efficiency, but also reducing the aggressiveness of the self-demand learning curves for all sources. The basis for the conversion efficiencies, including all assumptions relating to specific types of work & heat used by the economy, is provided in this Excel spreadsheet.

Conversion of self power demand to energy services demand for each source is carried out via a reference global mean conversion efficiency, set as a user input using the global mean conversion efficiency calculated in the model at the time of transition commencement (taken to be the time for which all EROI parameter values are defined. A learning curve is applied to this value to account for future improvement in self power demand to services conversion efficiency.**

The original "standard run" version of the model is available here.
 This is the original model version (v1.0) with default "standard run" parameter set: see detailed commentary  here  and  here . As of 2 September 2015, ongoing development has now shifted to  this version  of the model.   The significance of reduced energy return on energy invested (EROI) in the tr
This is the original model version (v1.0) with default "standard run" parameter set: see detailed commentary here and here. As of 2 September 2015, ongoing development has now shifted to this version of the model.

The significance of reduced energy return on energy invested (EROI) in the transition from fossil fuel to renewable primary energy sources is often disputed by both renewable energy proponents and mainstream economists.​ This model illustrates the impact of EROI in large-scale energy transition using a system dynamics approach. The variables of primary interest here are: 1) net energy available to "the rest of the economy" as renewable penetration increases [Total final energy services out to the economy]; and 2) the size of the energy sector as a proportion of overall economic activity, treating energy use as a very rough proxy for size [Energy services ratio].
This model aggregates energy supply in the form of fuels and electricity as a single variable, total final energy services, and treats the global economy as a single closed system.
The model includes all major incumbent energy sources, and assumes a transition to wind, PV, hydro and nuclear generated electricity, plus biomass electricity and fuels. Hydro, biomass and nuclear growth rates are built into the model from the outset, and wind and PV emplacement rates respond to the built-in retirement rates for fossil energy sources, by attempting to make up the difference between the historical maximum total energy services out to the global economy, and the current total energy services out. Intermittency of PV and wind are compensated via Li-ion battery storage. Note, however, that seasonal variation of PV is not fully addressed i.e. PV is modeled using annual and global average parameters. For this to have anything close to real world validity, this would require that all PV capacity is located in highly favourable locations in terms of annual average insolation, and that energy is distributed from these regions to points of end use. The necessary distribution infrastructure is not included in the model at this stage.
It is possible to explore the effect of seasonal variation with PV assumed to be distributed more widely by de-rating capacity factor and increasing the autonomy period for storage.

This version of the model takes values for emplaced capacities of conventional sources (i.e. all energy sources except wind and PV) as exogenous inputs, based on data generated from earlier endogenously-generated emplaced capacities (for which emplacement rates as a proportion of existing installed capacity were the primary exogenous input).
Model showing the effect of bank lending of deposited money as a multiplier in the creation of new money. Multiplier effect is shown as related to the bank reserve requirement on deposited funds.
Model showing the effect of bank lending of deposited money as a multiplier in the creation of new money. Multiplier effect is shown as related to the bank reserve requirement on deposited funds.
  Overview  A model which simulates the competition between logging versus adventure tourism (mountain bike ridding) in Derby Tasmania.  Simulation borrowed from the Easter Island simulation.     How the model works.   Trees grow, we cut them down because of demand for Timber amd sell the logs.  Wit
Overview
A model which simulates the competition between logging versus adventure tourism (mountain bike ridding) in Derby Tasmania.  Simulation borrowed from the Easter Island simulation.

How the model works.
Trees grow, we cut them down because of demand for Timber amd sell the logs.
With mountain bkie visits.  This depends on past experience and recommendations.  Past experience and recommendations depends on Scenery number of trees compared to visitor and Adventure number of trees and users.  Park capacity limits the number of users.  
Interesting insights
It seems that high logging does not deter mountain biking.  By reducing park capacity, visitor experience and numbers are improved.  A major problem is that any success with the mountain bike park leads to an explosion in visitor numbers.  Also a high price of timber is needed to balance popularity of the park. It seems also that only a narrow corridor is needed for mountain biking
 This is a system dynamic model to
describe relationship between local logging industry and biking tourism in
Tasmanian Derby Mountain.  In the dynamic model, the left-hand side shows how Derby
get income from local biking tourism. The biking visitors number are influenced
by scenery evaluation whic

This is a system dynamic model to describe relationship between local logging industry and biking tourism in Tasmanian Derby Mountain.

In the dynamic model, the left-hand side shows how Derby get income from local biking tourism. The biking visitors number are influenced by scenery evaluation which depend on local size of forest and influenced government policy support when Biking Tourism income is over 1000 unit. Biking visitors with good recommendation will also back to Mountain Derby and bring income for local in twice or more times.  In the right-hand side, we found the income of logging industry was influenced by local logging growth rate and government policy if local Biking Tourism income is over 1000 unit. The increase of logging industry will also increase local employment which will influence employee cost. This factor will also affect total logging income in Derby Mountain.

 

The simulation results show, with governments support the Biking tourism will increase sharply in the first few years and finally instead local logging industry, at same time bring good environment and save local forest under local increase logging industry. The recommendation graph shows that, the number of good recommendation & bad recommendation for Derby Mountain biking tourism will also increase in high speed in front of few years with data fluctuation but finally maintain in a stable line. Last simulation graph shows that how policy factor influences logging and biking industry. The Government has strong support in local tourism, however, as number of tourists increase, the positive impact from government support will continue decrease. On the contrary, the government support influence will also decease to local logging industry when logging been instead by tourism. 

 Wealth can be seen as the factories,
infrastructure, goods and services the population of a nation dispose of. According
to Tim Garrett,  a scientist who looks at
the economy from the perspective of physics, it is existing wealth that generates
economic activity and growth. This growth demands the

Wealth can be seen as the factories, infrastructure, goods and services the population of a nation dispose of. According to Tim Garrett,  a scientist who looks at the economy from the perspective of physics, it is existing wealth that generates economic activity and growth. This growth demands the use of energy as no activity can take place without its use. He also points out that the use of this energy unavoidably  leads to concentrations of CO2 in the atmosphere.  All this, Tim Garrett says,  follows from the second law of thermodynamics.  If wealth decreases then so does economic activity and growth. The CLD tries to illustrate how wealth, ironically, now generates the conditions and feedback loops  that  may cause it to decline. The consequences are  inevitably economic  stagnation (or secular recession?). 

You can read about the connection Tim Garrett makes between 'Wealth, Economic Growth, Energy and CO2  Emissions' simply by Googling 'Tim Garrett and Economy'.

A detailed description of all model input parameters is available  here . These are discussed further  here  and  here .   Update 6 August 2018 (v2.8): Updated historical wind and PV deployment
 data for 2016-2017, adding projected PV deployment for 2018. Data via 
https://en.wikipedia.org/wiki/Grow
A detailed description of all model input parameters is available here. These are discussed further here and here.

Update 6 August 2018 (v2.8): Updated historical wind and PV deployment data for 2016-2017, adding projected PV deployment for 2018. Data via https://en.wikipedia.org/wiki/Growth_of_photovoltaics and https://en.wikipedia.org/wiki/Wind_power_by_country.

Update 26 October 2017 (v2.7): Updated historical wind and PV deployment data for 2015-2016, adding projected PV deployment for 2017. Data via https://en.wikipedia.org/wiki/Growth_of_photovoltaics and https://en.wikipedia.org/wiki/Wind_power_by_country.

Update 18 December 2016 (v2.7): Added feature to calculate a global EROI index for all energy sources plus intermittency buffering (currently batteries only, but this could be diversified). The index is calculated specifically in terms of energy services in the form of work and heat. That is, it takes the aggregated energy services made available by all sources as the energy output term, and the energy services required to provided the buffered output as the energy input term.

Update 29 June 2016 (v2.6): Added historical emplacement for wind and PV capacity. The maximum historical emplacement rates are then maintained from year 114/115 until the end of the model period. This acts as a base emplacement rate that is then augmented with the contribution made via the feedback control mechanism. Note that battery buffering commences only once the additional emplacement via the feedback controller kicks in. This means that there is a base capacity for both wind and PV for which no buffering is provided, slightly reducing the energy services required for wind and PV supplies, as well as associated costs. Contributions from biomass and nuclear have also been increased slightly, in line with the earlier intention that these should approximately double during the transition period. This leads to a modest reduction in the contributions required from wind and PV.

Added calculation of global mean conversion efficiency energy to services on primary energy basis. This involves making an adjustment to the gross energy outputs for all thermal electricity generation sources. The reason for this is that standard EROI analysis methodology involves inclusion of energy inputs on a primary energy equivalent basis. In order to convert correctly between energy inputs and energy service inputs, the reference conversion efficiency must therefore be defined on a primary energy basis. Previously, this conversion was made on the basis of the mean conversion efficiency from final energy to energy services.

Update 14 December 2015 (v2.5): correction to net output basis LCOE calculation, to include actual self power demand for wind, PV and batteries in place of "2015 reference" values.

Update 20 November 2015 (v2.4): levelised O&M costs now added for wind & PV, so that complete (less transmission-related investments) LCOE for wind and PV is calculated, for both gross and net output.

Update 18 November 2015 (v2.3: development of capital cost estimates for wind, PV and battery buffering, adding levelised capital cost per unit net output, for comparison with levelised capital cost per unit gross output. Levelised capital cost estimate has been substantially refined, bringing this into line with standard practice for capital recovery calculation. Discount rate is user adjustable.

Default maximum autonomy periods reduced to 48 hours for wind and 72 hours for PV.

Update 22 October 2015 (v2.2): added ramped introduction of wind and PV buffering capacity. Wind and PV buffering ramps from zero to the maximum autonomy period as wind and PV generated electricity increases as a proportion of overall electricity supply. The threshold proportion for maximum autonomy period is user adjustable. Ramping uses interpolation based on an elliptical curve between zero and the threshold proportion, to avoid discontinuities that produce poor response shape in key variables.

Update 23 September 2015 (v2.1): added capital investment calculation and associated LCOE contribution for wind generation plant, PV generation plant and storage batteries.

**This version (v2.0) includes refined energy conversion efficiency estimates, increasing the global mean efficiency, but also reducing the aggressiveness of the self-demand learning curves for all sources. The basis for the conversion efficiencies, including all assumptions relating to specific types of work & heat used by the economy, is provided in this Excel spreadsheet.

Conversion of self power demand to energy services demand for each source is carried out via a reference global mean conversion efficiency, set as a user input using the global mean conversion efficiency calculated in the model at the time of transition commencement (taken to be the time for which all EROI parameter values are defined. A learning curve is applied to this value to account for future improvement in self power demand to services conversion efficiency.**

The original "standard run" version of the model is available here.
Model showing the effect of bank lending of deposited money as a multiplier in the creation of new money. Multiplier effect is shown as related to the bank reserve requirement on deposited funds.
Model showing the effect of bank lending of deposited money as a multiplier in the creation of new money. Multiplier effect is shown as related to the bank reserve requirement on deposited funds.
 This is the original model version (v1.0) with default "standard run" parameter set: see detailed commentary  here  and  here . As of 2 September 2015, ongoing development has now shifted to  this version  of the model.   The significance of reduced energy return on energy invested (EROI) in the tr
This is the original model version (v1.0) with default "standard run" parameter set: see detailed commentary here and here. As of 2 September 2015, ongoing development has now shifted to this version of the model.

The significance of reduced energy return on energy invested (EROI) in the transition from fossil fuel to renewable primary energy sources is often disputed by both renewable energy proponents and mainstream economists.​ This model illustrates the impact of EROI in large-scale energy transition using a system dynamics approach. The variables of primary interest here are: 1) net energy available to "the rest of the economy" as renewable penetration increases [Total final energy services out to the economy]; and 2) the size of the energy sector as a proportion of overall economic activity, treating energy use as a very rough proxy for size [Energy services ratio].
This model aggregates energy supply in the form of fuels and electricity as a single variable, total final energy services, and treats the global economy as a single closed system.
The model includes all major incumbent energy sources, and assumes a transition to wind, PV, hydro and nuclear generated electricity, plus biomass electricity and fuels. Hydro, biomass and nuclear growth rates are built into the model from the outset, and wind and PV emplacement rates respond to the built-in retirement rates for fossil energy sources, by attempting to make up the difference between the historical maximum total energy services out to the global economy, and the current total energy services out. Intermittency of PV and wind are compensated via Li-ion battery storage. Note, however, that seasonal variation of PV is not fully addressed i.e. PV is modeled using annual and global average parameters. For this to have anything close to real world validity, this would require that all PV capacity is located in highly favourable locations in terms of annual average insolation, and that energy is distributed from these regions to points of end use. The necessary distribution infrastructure is not included in the model at this stage.
It is possible to explore the effect of seasonal variation with PV assumed to be distributed more widely by de-rating capacity factor and increasing the autonomy period for storage.

This version of the model takes values for emplaced capacities of conventional sources (i.e. all energy sources except wind and PV) as exogenous inputs, based on data generated from earlier endogenously-generated emplaced capacities (for which emplacement rates as a proportion of existing installed capacity were the primary exogenous input).
Rich picture trying to explain in detail the economy of Peru. Year: 2017
Rich picture trying to explain in detail the economy of Peru.
Year: 2017
国連が公表している人口の将来推計とOECDが公表している各種経済統計を参考にして、2000年から2100年までの人口・経済見通しを作成するためのダイナミクスモデル。     ①人口:年少(0-14歳)・再生産年齢人口(15-49歳)・後期生産年齢人口(50-64歳)・老年人口(65歳以上)にグループ分けし、出生数(再生産年齢人口×出生率)と死亡数(年代別死亡率×年代別人口の合計)を算出して総人口を推計     ②経済:2000年のGDPをストックとして、コブ=ダグラス型関数に基づき労働力人口(15歳以上人口×労働参加率)と資本ストック(総固定資本形成)および全要素生産性の成長率をフローとし、購
国連が公表している人口の将来推計とOECDが公表している各種経済統計を参考にして、2000年から2100年までの人口・経済見通しを作成するためのダイナミクスモデル。

①人口:年少(0-14歳)・再生産年齢人口(15-49歳)・後期生産年齢人口(50-64歳)・老年人口(65歳以上)にグループ分けし、出生数(再生産年齢人口×出生率)と死亡数(年代別死亡率×年代別人口の合計)を算出して総人口を推計

②経済:2000年のGDPをストックとして、コブ=ダグラス型関数に基づき労働力人口(15歳以上人口×労働参加率)と資本ストック(総固定資本形成)および全要素生産性の成長率をフローとし、購買力平価レートの変化率も加味して将来のGDP(購買力平価換算)を算出

現状投影シナリオ:2000年から2100年までに制度や前提条件の極端な変更はなく、現状のトレンドが続くと想定される場合
A sample model for class discussion modeling COVID-19 outbreaks and responses from government with the effect on the local economy.  Govt policy is dependent on reported COVID-19 cases, which in turn depend on testing rates less those who recover       Assumptions   Govt policy reduces infection and
A sample model for class discussion modeling COVID-19 outbreaks and responses from government with the effect on the local economy.  Govt policy is dependent on reported COVID-19 cases, which in turn depend on testing rates less those who recover

Assumptions
Govt policy reduces infection and economic growth in the same way.

Govt policy is trigger when reported COVID-19 case are 10 or less.

A greater number of COVID-19 cases has a negative effect on the economy.  This is due to economic signalling that all is not well.

Interesting insights

Higher testing rates seem to trigger more rapid government intervention, which reduces infectious cases.  The impact on the economy though of higher detected cases though is negative. 




A sample model for class discussion modeling COVID-19 outbreaks and responses from government with the effect on the local economy.  Govt policy is dependent on reported COVID-19 cases, which in turn depend on testing rates less those who recover       Assumptions   Govt policy reduces infection and
A sample model for class discussion modeling COVID-19 outbreaks and responses from government with the effect on the local economy.  Govt policy is dependent on reported COVID-19 cases, which in turn depend on testing rates less those who recover

Assumptions
Govt policy reduces infection and economic growth in the same way.

Govt policy is trigger when reported COVID-19 case are 10 or less.

A greater number of COVID-19 cases has a negative effect on the economy.  This is due to economic signalling that all is not well.

Interesting insights

Higher testing rates seem to trigger more rapid government intervention, which reduces infectious cases.  The impact on the economy though of higher detected cases though is negative. 




  Overview     This model simulates logging and mountain biking competition in Derby, Tasmania. The Simulation is referenced to simulate Derby mountain biking with logging.      Model   W  ork     The tourism industry is represented on the model's left side, and the logging industry is on the right

Overview

This model simulates logging and mountain biking competition in Derby, Tasmania. The Simulation is referenced to simulate Derby mountain biking with logging.

 

Model Work

The tourism industry is represented on the model's left side, and the logging industry is on the right side. Interactions between these two industries generate tax revenues. Logging and tourism have different growth rates regarding people working/consuming. The initial values of these two industries in the model are not fixed but increase yearly due to inflation or economic growth.

 

Detail Insights

From the perspective of tourism, as the number of tourists keeps growing, the number of people who choose to ride in Derby City also gradually increases. And the people who ride rate the ride. The negative feedback feeds back into the cycling population. Similarly, positive cycling reviews lead to more customer visits. And all the customers will create a revenue through tourism, and a certain proportion of the income will become tourism tax.

From a logging perspective, it is very similar to the tourism industry. As the number of people working in the industry is forecast to increase, the industry's overall size is predicted to grow. And as the industry's size continues to rise, the taxes on the logging industry will also continue to rise. Since logging is an industry, the tax contribution will be more significant than the tourism excise tax.

 

This model assumption is illustrated below:

1. The amount of tax reflects the level of industrial development.

2. The goal of reducing carbon emissions lets us always pay attention to the environmental damage caused by the logging industry.

3. The government's regulatory goal is to increase overall income while ensuring the environment.

4. Logging will lead to environmental damage, which will decrease the number of tourists.

 

This model is based on tourism tax revenue versus logging tax revenue. Tourism tax revenue is more incredible than logging tax revenue, indicating a better environment. As a result of government policy, the logging industry will be heavily developed in the short term. Growth in the logging industry will increase by 40%. A growth rate of 0.8 and 0.6 of the original is obtained when logging taxes are 2 and 4 times higher than tourism taxes.

 

Furthermore, tourism tax and logging tax also act on the positive rate, which is the probability that customers give a positive evaluation. The over-development of the logging industry will lead to the destruction of environmental resources and further affect the tourism industry. The logging tax will also affect the tourism Ride Rate, which is the probability that all tourism customers will choose Derby city.

 

This model more accurately reflects logging and tourism's natural growth and ties the two industries together environmentally. Two ways of development are evident in the two industries. Compared to tourism, logging shows an upward spiral influenced by government policies. Government attitudes also affect tourism revenue, but more by the logging industry. 

A detailed description of all model input parameters is available  here . These are discussed further  here  and  here .  Update 14 December 2015 (v2.5): correction to net output basis LCOE calculation, to include actual self power demand for wind, PV and batteries in place of "2015 reference" value
A detailed description of all model input parameters is available here. These are discussed further here and here.

Update 14 December 2015 (v2.5): correction to net output basis LCOE calculation, to include actual self power demand for wind, PV and batteries in place of "2015 reference" values.

Update 20 November 2015 (v2.4): levelised O&M costs now added for wind & PV, so that complete (less transmission-related investments) LCOE for wind and PV is calculated, for both gross and net output.

Update 18 November 2015 (v2.3: development of capital cost estimates for wind, PV and battery buffering, adding levelised capital cost per unit net output, for comparison with levelised capital cost per unit gross output. Levelised capital cost estimate has been substantially refined, bringing this into line with standard practice for capital recovery calculation. Discount rate is user adjustable.

Default maximum autonomy periods reduced to 48 hours for wind and 72 hours for PV.

Update 22 October 2015 (v2.2): added ramped introduction of wind and PV buffering capacity. Wind and PV buffering ramps from zero to the maximum autonomy period as wind and PV generated electricity increases as a proportion of overall electricity supply. The threshold proportion for maximum autonomy period is user adjustable. Ramping uses interpolation based on an elliptical curve between zero and the threshold proportion, to avoid discontinuities that produce poor response shape in key variables.

Update 23 September 2015 (v2.1): added capital investment calculation and associated LCOE contribution for wind generation plant, PV generation plant and storage batteries.

**This version (v2.0) includes refined energy conversion efficiency estimates, increasing the global mean efficiency, but also reducing the aggressiveness of the self-demand learning curves for all sources. The basis for the conversion efficiencies, including all assumptions relating to specific types of work & heat used by the economy, is provided in this Excel spreadsheet.

Conversion of self power demand to energy services demand for each source is carried out via a reference global mean conversion efficiency, set as a user input using the global mean conversion efficiency calculated in the model at the time of transition commencement (taken to be the time for which all EROI parameter values are defined. A learning curve is applied to this value to account for future improvement in self power demand to services conversion efficiency.**

The original "standard run" version of the model is available here.
   Explanation of the Model    This is a Model of COVID-19 outbreak in Burnie, Tasmania which shows the government actions in response to the pandemic COVID-19 and its affects on the Economy. The government health policy changes depending on the reported cases, which is a dependent upon the testing
Explanation of the Model
This is a Model of COVID-19 outbreak in Burnie, Tasmania which shows the government actions in response to the pandemic COVID-19 and its affects on the Economy. The government health policy changes depending on the reported cases, which is a dependent upon the testing rate. 

Assumptions
Lockdown and travel ban were the main factor in government policy. It negatively impacts on the Economic growth as individuals are not going out which is directly affects the business around the world, in this insight 'Burnie'. This reduces the economic growth and the factors positively effecting economic growth such as Tourism.

Government policies has a negative impact on Exposer of individuals. Moreover, it also has a negative impact on chances of infection when exposed as well as other general infection rate.
 

Interesting Insight 
There is a significant impact of test rating on COVID-19 outbreak. Higher rates increases the government involvement, which decreases cases as well as the total death. 
In contrast, lower testing rates increase the death rate and cases. 

Tourism which plays a avital role in Tasmanian Economy greatly affects the Economic Growth. The decline of Tourism in parts of Tasmania such as Burnie, would directly decrease the economy of Tasmania.