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《Journal of Hunan University(Social Sciences)》 2009-03
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Analysis on the Regulation Dilemmas of Government Investment Project:A Property Rights Approach

XIE Yu1,GUO Xiao-cong1,LI Bin2(1.School of Public Administration,Zhongshan University,Guangzhou 510275,China;2.School of Economics and Management,Tongji University,Shanghai 200092,China)  
Government investment project is the critical way to deploy social public sources,fulfill public management function and provide public goods for citizens using the public power.Although the basic management procedure of our government investment project is similar with the developed market economy countries,there still exist obvious regulation dilemma in the course of project approval,endorse,implementation and construction causing high cost because of corruption behaviors like "rent-seeking" etc.These dilemmas are caused by "truncated property rights",especially under the current institutional environment as well as the motivating mechanism of cadres.To solve the problem,efforts are needed to innovate in the regulation system and reform the current motivating mechanism of cadres.
【CateGory Index】: F123.6
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