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CHANGES IN THE RATE OF EXTRACTION

Statistics Directorate    
Definition:
One of the items of the decomposition of the changes in the value of natural resources during the accounting period. Changes in the extraction rate modify the life length of the resource stock and thus the net present value.

Source Publication:
United Nations, European Commission, International Monetary Fund, Organisation for Economic Co-operation and Development, World Bank , 2005, Handbook of National Accounting: Integrated Environmental and Economic Accounting 2003, Studies in Methods, Series F, No.61, Rev.1, Glossary, United Nations, New York, para. 7.226 & Box 7.3
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Statistical Theme: Environmental statistics

Created on Monday, July 04, 2005