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Title: |
Energy Management——From the View of Property Rights |
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Source: |
International Conference on Engineering and Business Management 2012(Part 4 Urban Management and Financial Investment)
(pp 2774-2777)
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Author(s): |
Yan Ren, School of Marxism, Wuhan University, Wuhan, Hubei, 430072 |
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Abstract: |
Theories about the source of economic growth can be divided into two great classes, “Factor Endowment Theory” and “Structural Determinism”. Resources and system very closely relate with each other. The former provides material foundation for the latter surviving and changing, and the latter is the results of the former’s utilization and allocation. Energy as an element, whether its system and policy formulation is reasonable will directly affects and decides whether it can be fully and effectively utilized. This paper applies the method of institutional economics to analyze property right definition for the existing energy management and property right clarity for the new energy’s multivariate investment subject management. Then it further reveals the role the state plays as the carrier of property rights system, mainly including the rational establishment of the national energy agency, and the maintenance of the good relationship between government and market.
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