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Issue detail

Issue
18. Right to use/exploit non-produced resources between residents and non-residents
Issue description and recommendation

Except for land, transactions between residents and non-residents relating to the right to use or exploit nonproduced resources have not been fully elaborated in the 1993 SNA. For land, a notional resident unit is created that is deemed to purchase the land while the non-resident is deemed to purchase a financial asset (equity) of the notional unit. Should the treatment of land be extended to other non-produced resources such as water, fish, etc. or should there be alternative treatments?

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Chapters affected by this issue, and their status (For more information click corresponding chapter from the list)
  No draft yet, AEG/world review draft, Final draft
4. Institutional units and sectors
6. The production account
10. The capital account
13. The balance sheet
22. The general government and public sectors
26. The rest of the world accounts

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