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Gold Science and Technology ›› 2020, Vol. 28 ›› Issue (3): 391-400.doi: 10.11872/j.issn.1005-2518.2020.03.152

• Mining Technology and Mine Management • Previous Articles     Next Articles

Analysis of Regulatory Economics on China’s Rare Earth Export

Zebin WU(),Di ZHU,Ligang LIU()   

  1. School of Economics and Management, Jiangxi University of Science and Technology,Ganzhou 341000,Jiangxi, China
  • Received:2019-09-10 Revised:2020-02-24 Online:2020-06-30 Published:2020-07-01
  • Contact: Ligang LIU E-mail:wuzebingz@sina.com;582721829@qq.com

Abstract:

As a kind of non renewable strategic resource,rare earth is the key strategic basic material for the transformation of traditional industries and the development of emerging industries,which has an important strategic value for China and the world’s high-tech industries.Under the background of the current domestic and international situation,China’s policy adjustment on rare earth export tends to raise international objections.In order to safeguard national interests,meet public demands and eliminate international objections,this paper analyzed the export control of rare earth by using the theory and method of control economics.First of all,on the basis of combing the evolution of China’s rare earth export control and reviewing the current rare earth export control policy system,we divided the evolution of China’s rare earth export control into three stages:Laissez faire stage,strict control stage and comprehensive control stage.Then,taking “public interest” as the core,we constructed the regulatory economic adaptability analysis framework of rare earth export from three dimensions of “externality” control,“departmental interest” control and “incentive” control,and discuss the adaptability with the current international trade rules.Finally,on the basis of this framework,we put forward the basic ideas of establishing and improving the rare earth export control system in China from four levels of demand level,guidance level,utility level and implementation level.The research shows that:The purpose of China’s rare earth export control is to ensure national security,social public interest and sustainable development of rare earth industry;The main body is a diversified control subject with government control as the core;The object is the individual,enterprise and industrial chain related to rare earth industry;The hand is the combination of economic control and social control with relevant laws as the core.Through the establishment of rare earth export control system,we can find the control path that can coordinate the conflict of interest between rare earth export and different stakeholders,and provide reference for the high-quality development of China’s rare earth industry and the development of the world’s rare earth industry.

Key words: regulatory economics, rare earth export, government control, externality, incentive

CLC Number: 

  • F714.1

Fig.1

Venation division of China’s rare earth export control"

Fig.2

Adaptability analysis framework of regulatory economics"

Fig.3

Idea framwork of establishment and perfection of China’s rare earth export control system"

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