2010China Mining MagazineRequires access

The influence of government regulating mining rights trading on mining rights market

Bo Yan

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Abstract

Through analyzing the government regulation of mining rights trading,especially mining rights subjects and mining rights transfer conditions,the paper came to the conclusion that the regulation might not achieve its objectives,but increased transaction costs for mining rights,which was not conducive to the prosperity of mining rights market.Based on these,the paper suggested that we should separate the application,acquisition and transfer of mining rights from its execution,and that government only regulate the latter and deregulate the former.

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What this paper is about

Through analyzing the government regulation of mining rights trading,especially mining rights subjects and mining rights transfer conditions,the paper came to the conclusion that the regulation might not achieve its objectives,but increased transaction costs for mining rights,which was not conducive to the prosperity of mining rights market.Based on these,the paper suggested that we should separate the application,acquisition and transfer of mining rights from its execution,and that government only regulate the latter and deregulate the former.

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Available abstract

Through analyzing the government regulation of mining rights trading,especially mining rights subjects and mining rights transfer conditions,the paper came to the conclusion that the regulation might not achieve its objectives,but increased transaction costs for mining rights,which was not conducive to the prosperity of mining rights market.Based on these,the paper suggested that we should separate the application,acquisition and transfer of mining rights from its execution,and that government only regulate the latter and deregulate the former.

Key concepts: Prosperity, Transaction cost, Government (linguistics), Business, Government regulation, Database transaction, Property rights, Industrial organization

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