本文对寻租产权的层级结构进行研究,基础的政治制度决定了资源的基础分配结构,层级的行政权力从中衍生,在转型条件下寻租者能够利用这种权力来为自己的利益服务。由于寻租产权的特殊性,它不得不“创造”非市场的方式实现的产权价值从而获得收益,委托代理是其主要方式。笔者通过对价值实现过程中护租活动的分析,揭示出许多可以作为转型经济制度背景的制度内涵。 This paper studies the hierarchy of rent-seeking property rights. The basic political system determines the basic distribution structure of resources, and the administrative power at the level derives from it. Under the transitional conditions, the rent-seeking party can use this power to serve its own interests. Because of the peculiarities of rent-seeking property, it has to “create” non-market means to realize the value of property in return, the principal agent. Through the analysis of rent-keeping activities in the process of value realization, the author reveals many system connotations that can serve as the background of the transitional economy.