Economic Evaluation and Compensation Mechanism of Coal-resource-based cities in China

Coal-resource-based cites are known as resource-exhausted cities because of ecological depletion, economic dislocation and social issues after depletion of natural resources. Currently, the compensation for such cities in China is mostly on arbitrary policies rather than the scientific strategies. On the basis of the improved economic evaluation model on coal-resource-based cites, this paper has estimated the past cumulative coal value is $ 82,218,500 during 1998-2007 and the present compensation standard for Pingxiang city from 2008 to 2019 will be $42,786,100. Given the past cumulative coal value and the present compensation standard restrictions, a systematical compensation mechanism endowed with the cross-regional and cross-temporal characteristics, is correspondingly designed which provides a reference for the city sustainable development. (C) 2011 Published by Elsevier Ltd. Selection and peer-review under responsibility of RIUDS