Resources Price Analysis Under Different Property Right Arrangements

Natural resources are primary energies in China's economic development. They concern better living of humans in the future. At the present stage, many problems of resources transaction property are appeared. For example the property rights and obligations of the parties are not clearly defined; some taxes of transaction property right are unreasonable and so on. These problems led to the generally low prices of resources and illegal exploitation of resources in the present. Now most scholars are concerning about two major problems in Shan Xi province's coal resource. One is the property rights arrangements, the other is pricing. In 2009, Shan xi took the lead in implementing coal resource property right reformation under the terms of obtaining the approval of the country. Regard this as the opportunity, this essay has reviewed the changes in the three stages of the coal mineral resource's property rights reformation since 1949. The first stages is the resources property right completely public, the second stage is that the resources property right is committed for free, the third stage is that the resources property right transaction is paid. Meanwhile, the essay has pointed out the merits and shortcoming of the coal resource property rights arrangements. Those made the bedding in seeking for the property factors which affects the pricing of resources. On this basis, The essay takes the specific content of four rights in resources property as a breakthrough point. This paper has discussed the factors that affect the pricing of coal resource through four angles:right of ownership, right of use, right to earnings and right of disposition. This paper used theory of market fixed price and theory of nature fixed price which are enterprise's development patternes and restraint conditions to empirical analyze the degree of influence of property rights on pricing at every stage. Then the text appraisaled fixed price patternes and finally provided relevant conclusions and proposes:the reform of coal resource price is not decided by the government in our country. The government should coordinate many kinds of interest, adhere to the establishment of a perfectly competitive market and clear resource rights on the premise of the scarcity of the coal resource to realize coal resource true paid transaction, promote reasonable reform of the coal resource as well as reduce monopoly profit in coal transaction to realize fair assignment of coal resources profits and speed up the pace of coal resources on the international orbit.