Economic analysis and realization mechanism design for full cost of coal mining

Att present Chinaʹs coal price canʹt reflect the true cost of coal resources and the value of resources isnʹt adequately compensated, for which absence of full cost of coal resources is mainly responsible. Based on the discussion of constitutes of coal full cost, this paper analyzes the economic behavior of coal mining using the theoretical methodology of economics and comes up with the policy mechanisms for the realization of full cost of coal resources. The results show that full cost of coal is a key factor to influence the price of coal and the optimal allocation of resources, and market pricing system and government supervision mechanism are necessary to ensure the realization of full cost of coal resources.