Research On Price Hearing System Of China From The Perspective Of Transaction Cost

Along with the reform of economic system and political system, interests become more complicated in China, and the awareness of rights and interests i enhancing. The people are asking for more democratic, scientific and efficient police. Price hearing system is one of most attracting innovation among the reforms of decision-making. The publish of "PRC Price Law" and "the hearing method of government price-making", regulate the procedures of our country price hearing, and establish the legal status and effect, which mark the establish of price hearing system in China. However, the practice of price hearing haven’t achieved the desired effect. The absurd phenomena, such as "specialized households of price hearing"’,"king of price hearing", emerge constantly. In the beginning, the public are enthusiastic about price hearing. Afterwards, they sniff at it, and regard it as "price-rising hearing","hearing show","go through the motions". What happen to our country price hearing system? From the theory of transaction cost, this article analyses the structure and sum of transaction cost of price hearing theoretically, and establish the function of transaction cost. On the basis of legislation and practice, this paper analyses the transaction cost of our country price hearing system. By contrast, we can conclude the reasons of ineffectiveness of price hearing in our country, and put forward some constructive countermeasures.This article is to relate and analyze from seven parts. Chapter one is introduction, which introduces the background and significance of this study. Chapter two is question presentation, which defines the conceptions concerned, secondly, demonstrates the dilemma of price-making and the necessary practice of price hearing, lastly, raises the question to be investigated. Chapter three analyzes institution framework and right-information chart of price hearing theoretically, and then establish the function of transaction cost. In chapter four, this article reviews the legislation and practice of price hearing in our country. In Chapter five, through the function of transaction cost, this article analyzes the transaction cost of price hearing system in our country, points out the gap between the theory and practice, and reveals the reasons of ineffectiveness. In Chapter six. put forward some constructive countermeasures to optimize our country price hearing system. In Chapter seven, point out the insufficient of this study, and predicts the future development of price hearing in our country.