Home > Term: hotelling rent
hotelling rent
Net return realized from the sale of a natural resource under particular conditions of long-term market equilibrium. It is defined as the revenue received minus all marginal costs of resource exploitation, exploration and development including a normal return to fixed capital employed; the Hotelling Rent is used as a measure of natural resource depletion in environmental accounting. See market valuation.
- Part of Speech: noun
- Industry/Domain: Environment
- Category: Environment statistics
- Company: United Nations
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Creator
- J.Small
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