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ON THE REFORM OF THE PROPERTY RIGHT SYSTEM OF NATURAL RESOURCES IN CHINA
论我国自然资源产权制度的改革

Keywords: property right,ownership,transaction cost,uncertainty,externality
产权
,自然资源,制度,改革,所有权

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Abstract:

In China, the preperty right system of natural resources has been defined unclearly and unreasonably since the mid-fifties,and as a result of this the efficiency of natural resources allocation is low. According to many practical examples and the theory of transaction coot,this paper shows the strong and weak points of some main property right systems and puts forward some envisagements about the coming reform.

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