Resource rent method Clause Samples

Resource rent method. 3.3.1.4.1 Methodology Resource rent was calculated using data from national accounts in following formula: Less intermediate consumption Less compensation of employees Less other taxes on production Plus other subsidies on production Less consumption of fixed capital (depreciation) Less return to produced assets Less labor of self-employed persons Resource rent method is used for calculating ecosystem service value by subtracting all costs for capital and labour from the total revenue. The residual value is attributed as the ecosystem contribution. Data in national accounts are quite aggregated and only total data of ▇▇▇▇ 01 – Crop and animal production, hunting and related service activities were available. Using financial data from agricultural statistics, it was possible to distinguish separately crop production, animal production and hunting and related service activities. Distinction of fodder from total crop production was made using shares from agricultural statistics. Return to produced assets was not readily available from national accounts production accounts team and had to be calculated separately according to formula in the manual of SNA on capital production account. Statistics Netherlands suggested to use 2% of the asset value in order to estimate the return to produced assets. Total asset value of ▇▇▇▇ 01 was available from national accounts. First the share of fodder was used to distinguish fodder from total ▇▇▇▇ 01 and then 2% was used to calculate the return to the produced assets. Also labour of self-employed persons had to be calculated as these are not recorded under the compensation of employees. The income of self-employed was calculated using data on the average wages in ▇▇▇▇ A and the employment (in fte) of self-employed people. This method gives the results of actual supply of fodder traded on the market and is also included in national accounts. 3.3.1.4.2 Results First the total production data had to be distributed to crop production, animal production and hunting and related service activities, it was done using shares from microdata that were multiplied with total ▇▇▇▇ A.01. Then the resource rent of total crop production was calculated using the formula. Resource rent of crop production was 26 million € in 2018. The share of fodder in total crop production in monetary units was calculated using monetary data from agriculture statistics and it was 18% in 2018. Using this share, the resource rent for fodder was estimated to be...