Resources Science ›› 2018, Vol. 40 ›› Issue (8): 1539-1549.doi: 10.18402/resci.2018.08.05

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A study on farmers' land investment behavior in resettlement area based on PVT

Li REN1(), Chenlin GAN1, Meng WU2, Yinrong CHEN1()   

  1. 1. College of Public Administration, Huazhong Agricultural University, Wuhan 430070, China
    2. College of Accounting, Hubei University of Economics, Wuhan 430205, China
  • Received:2018-01-27 Revised:2018-04-12 Online:2018-08-25 Published:2018-08-10


The immigrant resettlement is an important part of the development of water conservancy and hydropower project construction, and a key fundamental work in the development of hydropower resources. For a long time, “agricultural resettlement” is the most basic and common resettlement mode in the practice of immigrant resettlement in China’s rural areas, it has largely solved the practical difficulties of immigrant resettlement during specific historical periods and has made a great contribution to China’s water conservancy and hydropower development. Nowadays, China’s agricultural resettlement mode of non-voluntary migrants is facing a “double low dilemma” of both effect and efficiency. The traditional model of agriculture resettlement needs to reform and innovate urgently. The realistic predicament of the agricultural resettlement mode not only closely related to the local tension of man-earth relationship, but also reflected as the change of the farmers’land investment behavioral intentions and behavior responses. Based on the Perceived Value Theory, with the analysis method of multi-group SEM, we make an empirical study on the land investment behavior of two types of farmers in resettlement area. The results showed that: (1) Farmers’ land investment behavior in resettlement area is a comprehensive result of economic, psychological and situational factors, the effect of the behavior logic in accordance with the path of the paradigm in “Cognitive level→Cognitive balance→Perceived value→Behavior intention→Behavior response”; (2) The results shows that there are significant differences between the two types of farmers’ land investment behavior, specifically, it is the effect values of the influence factors, the indigenous farmers' investment behavior is based on the “objective rationality” of “trade-offs”, while the immigrant farmers shows more “subjective rationality” of “risk aversion”.

Key words: immigrant resettlement area, land investment, farmers’ behavior, indigenous farmers, immigrant farmers, perceived Value Theory, multi-group SEM, Zaoshi hydro-junction project in Xieshui,Hunan