Concepts
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NET ADDITIONS TO STOCK: Net additions to stock measures the "physical growth of the economy", i.e. the quantity (weight) of new construction materials used in buildings and other infrastructure, and materials incorporated into new durable goods such as cars, industrial machinery and household appliances.
Materials are added to the economy`s stock each year (gross additions) and old materials are removed from stock as buildings are demolished and durable goods disposed of (removals). These decommissioned materials, if not recycled, are accounted for in domestic processed output.
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ECONOMIC TERRITORY: Territory that consists on: (a) the geographic territory administered by a government within which persons, goods, services and capital move freely; (b) any free zones, including bonded warehouses and factories under customs control; (c) the national air-space, territorial waters and the continental shelf lying in international waters, over which the country enjoys exclusive rights; (d) territorial enclaves (i.e. geographic territories situated in the rest of the world and used, under international treaties or agreements between States, by general government agencies of the country (embassies, consulates, military bases, scientific bases, etc.); (e) deposits of oil, natural gas, etc., in international waters outside the continental shelf of the country, worked by units resident in the territory as defined in the preceding subparagraphs.
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REFERENCE PERIOD: Period to which the information refers and which may be a specific day or a time interval (month, fiscal year, calendar year, among others).
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