Definition: Economic appearance of produced assets

Category: ESA 1995

Economic appearance of produced assets occurs in the case of goods that are not already recorded in the Balance Sheets. It is the recognition of a significant or special value that is considered an economic appearance to be recorded under other changes in volume.

Economic appearance of produced assets includes:

a) valuables, such as precious stones and art objects, when the high value or artistic significance of an object not already recorded in the Balance Sheets is first recognised;

b) historic monuments, when the special archaeological, historical or cultural significance of a structure or site not already recorded in the Balance Sheets is first recognised. http://ec.europa.eu/eurostat/product?code=CA-15-96-001&mode=view