The Allocation Theory Of Water-funds And Its Positive Study

The study is focused on the allocation theory of water-funds of China and its positive analyses from 1952 to 2000. During this period both planning and market economic system has evolved about 50 years.There are lots of causes for the research, but major ones are as follows: (1) the water-funds allocation mechanism and approaches are determined by the changes of the economic institutions; (2) in the future the contradiction of supply and demand of the water-funds will be outstanding in China, which need more rationally to allocate the water-funds; (3) now there is no a complete theoretical system concerning the allocation of water-funds that can guide its practices so that the current allocation of water-funds has little spontaneity and blindness. It is of significant importance to speed up the theoretical and positive research of water-funds allocation.The basic research approaches of the study are the normative and positive analyses and the logical and historical analyses. The technologic route of the study is from the theoretical analysis part, die positive analysis part and to policy analysis part What is the line of thought of the study? Based on the theoretical research achievement of the predecessors, we created innovatively a theoretical framework and analyzed the practice of the water-funds allocation in which it contains the changes of the sum of water-funds allocation, its distributing structure, the increasing tendency, the investment and financial policies from the time of our country setting up to nowadays, and then studied the existing problems of the water-funds allocation and the causes in China. We analyzed the principle of macro-adjustment and put forward the appropriate policies of water-funds allocation. The theoretical sources of the study come from the theory of Marxist capital allocation, the theory of public goods, die theory of resource allocation in West Economics. The main findings are as follows:1. The water-fends allocation depends on the economic attributes of water goods and the given economic institations; the bask theoretical framework contains the general prescription, the basic factors, the institutions and mechanism, the efficiency and methods and monitoring of the full process of water-rands allocation. The economic analysis of water-goods is the logicalstarting of the theory of water-funds allocation. The investment costs and external economies of the public water-goods deny the possibility of market allocation and need government intervention. The private and near public water-goods are provided wholly or partly by market under the encouraging measures of the government in order to ease the government revenue burdens. The rational allocation of water-funds means the maximum benefits of the economy, of the society, of the ecology in order to meet the many-faceted demands. The scale and structure of water-funds allocation are determined by the principle of the social, economic, ecological benefits. The basic factors of the water-funds allocation include time, space, project and quantity. They determine the allocating position and distributing structure of water-funds in the given period and conditions. The economic institutions that provide encouraging and restricting mechanisms for the economic system have passed through the historical changes of two economic systems (i.e. the planning system and the market system). The institutions of rational water-funds allocation should be based on the planning-market mixed system. The effective methods of water-funds allocation are the important approach of optimizing the water-funds benefits. The water-funds allocating methods include the way of near-budget allocation, the way of linear programming, the way of the proportion of margin cost and benefit, the way of comprehensive assessment for multi-factors. The mechanisms of the full-process monitoring should be established to prevent water-funds from losing and to realize the basic goals of the operation safety and the maximum value of water-funds.2. The water invest...