Abstract
The difference between fishermen’s fishing catch and the optimal fishing catch is the basic reason for the transaction of marine fishing rights (TMFR). The effects of productive cost, non-productive cost, use-cost, transaction cost, productive revenue and non-productive revenue on the TMFR and the optimal fishing catch are analyzed. This paper draws following conclusions: the non-productive revenue has a positive effect on the TMFR, and other factors, such as non-productive cost, use-cost and transaction cost, have a negative effect; the TMFR will promote the resource allocation; the high transaction cost may affect the implementation of TMFR.