Research On Opportunity Cost Of Public Policy Implementation In The Environment Of Chinese Market Economy

In the environment of Chinese market economy, public policy implementation connects more closely with economic factors, it is imperative to research public policy implementation from economic dimensionality.Public policy implementation is a course, which needs to apply public resource to realize some public goal or increase public advantages. Considered from the fundamental realities of our country, most kinds of public resources are limited and multi-purpose economic resources, in order to make public resources create as many policy-benefits and public advantages, the cost spent during the course of public policy implementation must be reduced. Opportunity cost is an impactful hidden cost of public policy implementation course, to study this kind of cost is helpful to make clear the gains and loss of the course,then to correct the deviations and faults in time.Whether a public policy is good or bad doesn’t lie in its programmed magnificent blueprint or the declined glorious aim, but depends on whether people accept the cost brought by the public policy implementation, as well as whether the achievement means as many public advantages as possible. The reason why governments carry out all kinds of public policies is that the cost of solving public problems through public policy implementation is lower than choosing market or other social organizations. The full development of our socialist market economy proposes more requirements for public policy implementation, so public policy implementation not only tries to realize higher-level social justice, but also make implementation become more efficient, this kind of efficiency considers both time value and economic value, that is to say, public policy implementation must gain as many benefits as possible with limited cost.In order to achieve lower cost and better effect of public policy implementation, on one hand, we need measure how much the opportunity cost of implementation is, that is to say, we should make clear the most potential loss of implementation, on the other, we need forecast the prospective earnings of implementation, that means the most potential harvest of implementation. Only by both considering and scientifically analyzing the gains and losses of public policy implementation,we can screen out high qualified policy initiative with higher implementation value to mostly avoid the condition that the gains cannot meet the losses during the implementation course.The further development of our socialist market economy objectively needs policy implementation to more and more consider economic factors, policy implementation is a kind of political activity, but as policy implementation and market mechanism can complement each other’s advantages as well as improve bilateral benign interaction, policy implementation embodies more and more the characteristics of economic activity. To study the economic nature of policy implementation based on grasping its political nature. Policy implementation’s bilateral properties should not control the opposite side, but keep balance between themselves, thus we can make sure policy implementation achieve double-win of justice value and efficiency value. To research public policy implementation with economic theories and concepts is also a developmental trend for Chinese public policy research field. Therefore, the thesis tentatively studies public policy implementation from the point of view of opportunity cost, and hope this kind of study can bring some constructive suggestions.