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Definition: Residual approach
Category: Land estimation
An indirect estimation method that obtains the value of land by subtracting the depreciated structure value from the combined value of structures and land. http://ec.europa.eu/eurostat/product?code=KS-GQ-14-012&mode=view
Source:
Eurostat, Organization for Economic Cooperation and Development (OECD), "Eurostat-OECD compilation guide on land estimation", Luxembourg, Paris, 2015
Eurostat, Organization for Economic Cooperation and Development (OECD), "Eurostat-OECD compilation guide on land estimation", Luxembourg, Paris, 2015
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