püsivarad

Püsivarad, often translated as permanent resources or enduring assets, refers to a broad category of economic resources that are generally considered to be non-depreciating or have an extremely long lifespan. These are assets that contribute to the production of goods and services over extended periods without being consumed in a single use. Unlike circulating capital, which is used up and replenished, püsivarad represent a more stable base for economic activity.

Examples of püsivarad include land, buildings, machinery, infrastructure such as roads and bridges, and intellectual property like patents and copyrights. These resources are typically characterized by their durability and their ability to generate value over many years. Their acquisition often involves significant capital investment and they are crucial for the long-term growth and operational capacity of businesses and economies.

The management of püsivarad is a key aspect of economic planning and accounting. Depreciation, while applicable to many physical püsivarad, is calculated over their expected useful life rather than their immediate consumption. The continued existence and maintenance of these resources are vital for sustained economic productivity and development. The concept emphasizes the importance of long-term investment and the preservation of valuable assets for future generations.