Definition: Material flow accounting

Category: National accounts

A monitoring system for national economies based on methodically organised accounts and denoting the total amounts of materials used in the economy. Material flow accounting enables monitoring of total consumption of natural resources and the associated indirect flows as well as calculation of indicators. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-34-00-536-__-I-EN.pdf
Source:
Eurostat, "Economy-wide material flow accounts and derived indicators - A methodological guide", Office for official publications of the European Communities, Luxembourg, 2000
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