Study Of Natural Resource Pricing Issues

During the first decade of twenty-first century, Chinese economy continuously grows dramatically. The natural resources limitations, however, are increasingly remarkable. Therefore, the efficiency of natural resources allocation becomes one of the most key to restrain the influent of national sustainable development. The pricing of natural resources has significant impacts with regard to strengthen national natural resources ownership renovation, resources pricing renovation, scientific national economic resources and environment accounting and natural resources management. The study researches the pricing of China natural resources which under the international framework and take mineral resources, land resources and water resources as examples. Finally, the study focuses on practical applications of natural resources pricing theory.Based on natural resources pricing theory of Marx and sustainable development theory as well as ideas from western title theory and natural resources management theory, the study raises argument that based on sequences of natural resources exploitation and utilization, theoretical natural resources pricing is consist of title price, social production price and compensation. Moreover, the study deduces the actual natural resources price based on natural resources prices in association with price influence factors. According to relationship between international and national natural resources under international framework, the study investigates the international pricing of natural resources. Finally, through representative natural resources, including land, crude oil, water, and iron ore, actual pricing analysis, the study raises institutional recommendations regarding improvement of national natural resources pricing mechanism and natural resources management mechanism.The study is comprised of five chapters:The first chapter analyzes theoretical price of natural resources. Based on characteristic of natural resources and references, the study raises that theoretical natural resources price is comprised of title price, social production price, and compensation. Title price is the realization of natural resource ownership, expressed as rental. Social production price is the embodied human being labor during natural resources recognition and utilization, and expressed as labor cost. Compensation is to compensate damages of multiple parties during natural resources utilization. The chapter analyzes compensation in depth and deduces appropriate embodied interests including compensation of resource ecology environment damaged within generation and compensation of damaged to future generation because of over consumption of resource. In addition, the study detailed content of each compensation and pricing and deduces basis of compensation calculation. By analyzing interest compensation, the study deduces resources compensation price is essentially interest compensation in narrow sense. The study also analyzes relationships among resources stakeholders. Then, according to principal of interest compensation substance, the study investigates ecology compensation and regional compensation within price compensation and raises main body, basis, pattern, and route of ecology compensation and content and pattern of regional compensation.The second chapter analyzes influence factors of natural resource theoretical price to actual price. Influence factors are mainly resource supply, demand, and other factors. Regarding natural resource supply, the study mainly analyzes general factors include storage, alternative, and special factors such as market monopoly organization influence. Regarding demanding, the study analyzes influences from economic development, life pattern, and economic structure. Regarding other factors, the study investigates institutional influence such as macro-economic control, market factors such as capital flow. Finally the study deduces mathematic model of natural resource actual price.Under the international framework, the third chapter investigates natural resources international pricing and the role of China in international pricing. Further, it analyzes the reason of lacking speech in international natural resources pricing through international trade environment, and industry market. Because future pricing is increasingly becoming main international pricing method, through examining our future market pricing identification function and information overflow, this chapter deduces that although price identification exists in our future market and significantly interrelates with international market, our pricing is still in subordinate position in international pricing.By case study, chapter four analyzes pricing of representative natural resources. Chapter four analyzes city construction land in land resources, crude oil in energy resources, and municipal water supply in water resources and therefore deduces respective pricing model. Regarding iron ore in mineral resources, chapter four mainly analyzes the reasons of lack of international pricing right and therefore provide institutional recommendations with regard to obtain pricing right.Chapter 5 investigates natural resources price, mainly include title rights, price reform, price management, and core of international pricing. By investigating deficiencies in our country natural resources title right, provides recommendations in terms of natural sources title right creation. By investigating the relationship between resource price reform and economic development pattern, provides route of management improvement and creation. According to the trend of internationally resource utilization, depicts the construction of national natural resource pricing centre and institutional recommendations.