Definition: Material flow analysis

Category: National accounts

An evaluation method which assesses the efficiency of use of materials using information from material flow accounting. Material flow analysis helps to identify waste of natural resources and other materials in the economy which would otherwise go unnoticed in conventional economic monitoring systems. 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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