2021 年 30 巻 1 号 p. 48-55
This study investigates the sustainability of resource circulation agricultural systems established in the township of Caohe, Baoding, Hebei Province. The study analyzes the players that maintain business relationships among constituents together with the profitability of each constituent. This system is considered to be sustainable because the low transaction costs and trust among the every constituent form a cooperative relationship that allows them to continue trading in by-products, and because each constituent has a positive net revenue and a high motivation to operate resource recycling agriculture.