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Glossary of the 1993 SNA - Definition of Term

Term	Externalities
Definition	Externalities are changes in the condition or circumstances of institutional units caused by the economic actions of other units without the consent of the former.
Paragraphs	[3.51.]

It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.

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