1993 SNA Update Information - Expert comments for issue: Mineral exploration |
Issue description | Issue description in [English] | [French] | [Russian] | [Spanish] | Expenditures on mineral exploration are classified in the 1993 SNA as gross fixed capital formation. The
rationale is that mineral exploration creates a stock of knowledge about the reserves that is used as input in
future production activities. The question has been raised as to whether this knowledge should be seen as
independent of the stock of economically exploitable reserves or whether this leads to double accounting
when both discovered stocks of resources and stock of exploration are capitalized. |
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Expert comments | Number of expert comments for selected issue: | 1 | Date posted | Source | Comment | | |
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