| Nowdays, the proportion of agricultural water resources to overall water resources has been decreased yearly, which means part of agricultural water resource is applied in non-agricultural use. How to expand the space of non-agricultural water under the premise that total water resources is fixed, clarify the benefit of the game’s player between agricultural water and non-agricultural water, build long-term use and compensation mechanisms of agricultural water resources conversion have become a major concern of government and academia.Firstly, this article collates relevant research results at home and abroad comprehensively and systematically, using externality theory, stakeholder theory, game theory, a theory of justice, on the basis of analysis in agricultural water utilization status in China and Zhejiang province, calculates and analyze the technical efficiency of agricultural water use of cities in Zhejiang province and its influencing factors, discovers potential in non-agricultural utilization of agricultural water resources and water saving space, analyzes the stakeholders and their benefits in game in agricultural water resources conversion. Secondly, this paper studies typical cases in compensation for the conversion of agricultural water resources, analyzing the main factors in success of cases. Thirdly, this study draws design of benefit compensation mechanism and system on the basis of field research and empirical analysis, provides many targeted pathways and policy measures for building long-term mechanism of the conversion of agricultural water resources. Fourthly, in order to improve the efficiency of China’s agricultural water resources management and build the compensation mechanism for the conversion of agricultural water, author explores the beneficial practices of water management and water rights transfer in developed countries.This study mainly consists of the following six parts:(1) The first part is the theoretical foundation and literature review, including chapter2.On the basis of theories about the non-farm agricultural water resources utilization, author makes comprehensive review and summary of domestic and foreign scholars’main ideas on water management, water rights trading, agricultural water resources and conversion and utilization, pointing out the weaknesses and blind spots of existing research and further revealing the theoretical significance and application value of author’s study.(2) The second part is evaluation about the status of agricultural water use and analysis of agriculture water’s conversion potential, including chapter3and chapter4. The main research is fixing on the utilization of agricultural water in China and Zhejiang province recent years. Based on the analyses about data of eleven cities in Zhejiang province, calculates out water resource utilization efficiency of the these regions, make clear agricultural water saving space and main factors in affecting utilization efficiency.(3) The third part is analysis on game of the stakeholder in conversion of agricultural water resources use, including Chapter5. Analysis on game of stakeholders’benefits and system design in conversion of agricultural water resources is the main content. This part studies four types of game between different industries and geographical stakeholders and concludes that government compensation (subsidies) or transaction compensation is the best way to achieve optimal equilibrium.(4) The fourth part is analysis on benefit compensation mechanism of the. conversion of agricultural water resources, including Chapter6.Firstly the author makes a theoretical analysis about benefit compensation mechanism and assesses the main factors of typical cases in Zhejiang province. Based on field research and the questionnaire survey, author establishes model of farmers’willingness to accept compensation and amounts and influencing factors and summaries the main influencing factors.(5) The fifth part is the enlightenment of experience on agricultural water management and water right transfer in the developed countries, including Chapter7. This part selects a few representative countries, summing up the experience in a reasonable set of agricultural water rights, the standardized transferring of agricultural water rights, efficient operation on agricultural water-saving technology. From above measures the author try to find new elements and new ideas for China.(6) The sixth part is countermeasures and policy recommendations to improve the conversion of agricultural water resources utilization efficiency, including Chapter8. Based on the conclusions reached in the previous section, the author draws on some advices, which include establishing a basic system for agricultural water resources conversion, deepenning agricultural water saving, building water conservation ’compensation system, constructing long-term incentive for farmers water-saving and establishing special fund for agricultural water resources conversion.The main innovation of this paper lies below:In theory, the article breaks the limitations of existing fragmented and one-sided study, based on multi-disciplinary theoretical basis of economics, management and ethics, enhancing the theoretical level of study in conversion of agricultural water resources utilization;In method, the study selects combination between theory and empirical, between qualitative methods and quantitative methods, studying farmers’willingness to water-saving through field survey, using double-bounded dichotomous choice CVM method firstly and determining the framers’characteristics and influencing factors, compensation standards, which is base of constructing compensation mechanism.It is a bold attempt that using the CVM in the conversion of agricultural water resources utilization;In practice, policy implications which draw in from field research and quantitative analysis provide a scientific basis and specific recommendations for government making policy for non-agricultural utilization of agricultural water.
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