Abstract Based on the related references and actual situations in China, the paper analyzes the operation conditions and basic requirements of different patterns of land contrtactual right circlulation by categorizing land contractual right circulation into three different types, namely, directly circulation, government involved circulation and intermediary involved circulation with game Theory analysis. It is shown that the transaction cost of different patterns have the relationship of “directly circulation>government involved circulation>intermediary involved circulation”It is concluded that the realistic choice and the only way to reduce the transaction cost of land circulation are to achieve the circulation pattern transfer from directly circulation to government involved circulation, and then intermediary organization involved circulation.
CHOU Juan-Dong,DIAO Jing-Feng. The Land Contractual Right Circulation in China:Main Patterns, Operation Conditions and Transaction Cost. Economic Survey, 2013, 1(2): 038.