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On The Formation And Development Of Rural Professional Wholesale Market In China

Posted on:2002-04-16Degree:DoctorType:Dissertation
Country:ChinaCandidate:J Q PengFull Text:PDF
GTID:1116360065450402Subject:Agricultural economic management
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The specialized wholesale market in countryside is invented by the farmers of our country following the household responsibility system and the township enterprises. It is a new organizational form of commodity distribution in response to the need of the development of rural market economy after the reform and open-door policy, an institutional innovation in the field of commodity circulation against the background of the reform in economic systems, and an important carrier of market mechanism. It has the precondition of the fundamental reform in property rights, is motivated by the pursuit of rural commodity producers for the realization of commodity values, inherently required by the upgrading of market organization and the lowering of transaction costs. It is an effective way to the linking between rural commodity production and the outside market. Acting as an organizational form with the characteristics of traditional market, the specialized wholesale market in the countryside is determined by China's current state conditions and characteristics of rural economy, and also by the special nature of rural commodity transaction and market contract act. From the viewpoint of its formation and development, this type of market has always been connected with the low concentration of rural commodity production. Generally speaking, the township enterprise pattern with medium- and small-scale enterprises as the mainstream, and the rural household economy characterized by "small-scale and large number", will exist for a long period of time, which determines the living and expanding room of the specialized wholesale market of our country.The rural specialized wholesale market corresponds to a certain degree of economic development, so we must admit its objective rule of rise and decline. But the imbalance of regional economic development determines regional difference in the rural specialized wholesale market and the characteristic of terraced advancement. Currently, the number of markets in the relatively developed coastal areas in the east will reach its maximum and enter a stage of division and reintegration and upgrading; some potential markets will continue to grow; the function of some markets restrained by some factors will weaken and wither. There is great potential for markets in less developed areas. The rural specialized wholesale market is advancing from relatively developed areas to less developed areas in terms of regional economic difference or the shift in industrial structure.The development of the rural specialized wholesale market in less developed areas has its particularity, and the government tends to play a greater role. From the viewpoint of market formation, initial markets mainly utilize such factors as local industrial background, commercial tradition, and systematic incompleteness in the early period of reform and opening to the outside world. But now the situation has changed to a great extent. The development in later established markets increasingly requires exploiting new factors and actively fosters competitive edge, which highlight the greater role played by the government. From the viewpoint of market operation, because the adverse selection act caused by asymmetric information has a role to play to some degree, the phenomenon of "low quality with low price" is common in the rural specialized wholesale market. Limited by the low income of rural inhabitants, the price mechanism of quality insurance has its limitations. So it is more important to strengthen administrative acts and the supervision by the government of market order andprovide services. The intervention of the government is an effective cure for solving the problem of market failure, especially under the circumstances of the imperfect economic, social and legal environment in less developed rural areas. Currently the reform in the management system of the rural specialized wholesale market tends to operate the market as an enterprise. However, in view of the market nature and the rural conditions and chara...
Keywords/Search Tags:rural specialized wholesale market, organizational form of distribution, institutional innovation, transaction costs, industrial organization
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