Home > Term: resource rent
resource rent
The difference between total revenue generated from the extraction of natural resources and all costs incurred during the extraction process including the cost of produced capital, but excluding taxes, royalties and other costs that are not directly due to the extraction process. See market valuation and Hotelling rent.
- Part of Speech: noun
- Industry/Domain: Environment
- Category: Environment statistics
- Company: United Nations
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Creator
- J.Small
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