Differentiation of the Core Concepts of Natural Resource and Ecosystem Accounting

This study elaborates on the connotations of the core concepts related to natural resource accounting and ecosystem accounting (i.e., natural resources, environmental assets, natural resource asset, ecosystem assets, ecosystem services, exchange value, and natural capital), as well as their respective relationships and differences vis-à-vis System of National Accounts 2008 (2008 SNA) and the System of Environmental-Economic Accounting central framework in China.