Definition: Natural resource accounting

Category: National accounts

A system of monitoring based on methodically organised accounts, representing the size of economically valuable and limited reserves of natural resources and using physical quantifiers such as tonnes or cubic metres. 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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