Domestic Material Consumption
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Domestic Material Consumption
Domestic material consumption is a measurement of the total amount of material directly used in an economy, excluding hidden flows. DMC equals DMI minus exports (in economy wide material flow accounting Material flow accounting (MFA) is the study of material flows on a national or regional scale. It is therefore sometimes also referred to as regional, national or economy-wide material flow analysis. Introduction Material flow accounting provides e ...). References External links Definitions: Glossary:Domestic material consumption (DMC) - Statistics Explained ec.europa.eu data.oecd.org Material consumption , Materials oecd-ilibrary.org Domestic Material Consumption (DMC) un.org Charts: Domestic material consumption per capita, 2019 ourworldindata.org 8.4.2 Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP wesr.unep.org Macroeconomic indicators {{Macroeconomics-stub ...
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Economy
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Ho ...
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Material Flow Accounting
Material flow accounting (MFA) is the study of material flows on a national or regional scale. It is therefore sometimes also referred to as regional, national or economy-wide material flow analysis. Introduction Material flow accounting provides economy-wide data on material use. Through international standardization, this data has become reliable and comparable across countries. Increasingly, the data are also being made available in medium- to long-term time series allowing for the analysis of past trends as well as potential future developments. Material flow accounts provide information on the material inputs into, the changes in material stock within, and the material outputs in the form of exports to other economies or discharges to the environment of an economy. Material flow accounting can be used in national planning, especially for scarce resources, and also allows for forecasting. The method can be used to assess environmental burdens associated with the economic activit ...
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Exports
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ''exporter''; the foreign buyer is an '' importer''. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights. Exportation of goods often requires the involvement of customs authorities. Firms Many manufacturing firms begin their global expansion as exporters and only later switch to another mode for serving a foreign market. Barriers There are four main types of export barriers: motivational, informational, operational/resource-based, and knowledge. Trade barriers are laws, regulations, policy, or practices that protect domestically made products from foreign competition. While restrictive business practices sometimes hav ...
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Material Flow Accounting
Material flow accounting (MFA) is the study of material flows on a national or regional scale. It is therefore sometimes also referred to as regional, national or economy-wide material flow analysis. Introduction Material flow accounting provides economy-wide data on material use. Through international standardization, this data has become reliable and comparable across countries. Increasingly, the data are also being made available in medium- to long-term time series allowing for the analysis of past trends as well as potential future developments. Material flow accounts provide information on the material inputs into, the changes in material stock within, and the material outputs in the form of exports to other economies or discharges to the environment of an economy. Material flow accounting can be used in national planning, especially for scarce resources, and also allows for forecasting. The method can be used to assess environmental burdens associated with the economic activit ...
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Edward Elgar Publishing
Edward Elgar Publishing is a global publisher of academic books, journals and online resources in the social sciences and law. The company also publishes a social science and law blog with regular contributions from leading scholars. About Edward Elgar Publishing, founded in 1986, is an independent family-owned international publisher, with offices in Cheltenham and Camberley in the UK and Northampton, Massachusetts, in the USA. It specializes in the academic and professional market and publishes in the field of economics, law, management studies, public policy and social policy and the environment. The company has over 4,500 book titles in print and publishes more than 300 new titles a year. History The first Edward Elgar Publishing book titles were published in 1987 and included ''The Economics of Education and the Education of an Economist'' by Mark Blaug, ''The Economic Revival of Modern Britain'' by David Coates and John Hillard, and ''Economic Choice Under Uncertainty'' ...
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