0 things such as minerals, forests, coal, etc. that exist in a place and can be used by people -- 自然资源
Until the 1970s, economists in general had a favourable view of abundant natural resources.
This situation produces incentives to overexploit such natural resources, which differ from other forms of capital that presumably have well-defined property rights.
However, natural resources are most often allocated inefficiently and externalities are not fully corrected.
Many poor people, particularly in developing countries, rely on natural resources for their livelihood, and these people are very vulnerable to deterioration in the resource.
In this context, expanding and implementing national accounts systems that consider natural resources as just another form of capital appear as a necessary way forward.
This situation produces incentives to overexploit such natural resources, which differs from other forms of capital that presumably have well-defined property rights.
Furthermore, as part of the household survey the household management of natural resources was assessed.
In other words, the state should retain ownership of the natural resources, while devolving the power to manage and control the resource to the stakeholders.
