01779cas a2200241 a 4500 AALejournalIMF008543 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451958560 1018-5941 BD-DhAAL BD-DhAAL Levin, Jonathan. Valuation and Treatment of Depletable Resources in the National Accounts / Jonathan Levin. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students To assess the feasibility of the national accounts treating as assets depletable resources extracted for sale, the paper examines three issues: 1. whether treating natural resources as assets when they are used requires symmetrical accounting when they enter economic reserves; 2. at what stage between existence in nature and extraction entry to reserves could be counted; and 3. how the value of the in-ground natural resource component could be determined. It suggests treating natural resources entering reserves as 'imports' from the environmental account added to the capital account, registering additions to reserves at a stage involved in economic activities, and valuing reserves by procedures related to market price. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1991/073 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/073/001.1991.issue-073-en.xml IMF e-Library