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FACTOR COST

Statistics Directorate    
French Equivalent: Coût des facteurs

Definition:
Gross value added at factor cost is not a concept used explicitly in the System of National Accounts but it can easily be derived by subtracting the value of any taxes, less subsidies, on production payable out of gross value added.

Source Publication:
SNA 6.229.

Hyperlink:
http://esa.un.org/unsd/sna1993/introduction.asp

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Tuesday, April 16, 2002