Not only will the construction of large and middle-size water conservancy and hydropower projects, inevitably lead to the requisition of farmland but also it will bring about the involuntary resettlement for a large number of immigrants. China adopted the policy of development-oriented resettlement, which mainly emphasized giving each reservoir immigrant a parcel of contract land for their future development. However, reservoir immigrants settled in resettlement areas and shared farmland and other resources with local residents,which will certainly bring negative impact on local residents' land rights. Therefore, According to "Kaldor-Hicks" welfare criterion, in order to realize the improvement of welfare, the resettlement collective and local residents should be given appropriate compensation for their welfare losses. This paper took Pankou Hydropower Station as an example and measured the total value of land transference compensation with the contingent value method based on investigating 73 rural families in five resettlement areas in Yishui town and Baofeng town, Zhushan county. The results indicate that the current land transference compensation in Pankou Hydropowers station didn't reach half of the actual value of the farmland. The degree of compensation for paddy fields and dry land were 49.54％ and 44.54％ respectively. Collectives in the resettlement area and local residents didn't receive sufficient compensation. Therefore, the government needs to raise land transference compensation in the resettlement area so as to enable the local residents to share as much as possible the benefit the same as reservoir immigrants from land appreciation .%兴修大中型水利水电工程不可避免地要征收大量农田,造成大量移民非自愿性搬迁.我国实行开发性移民的方针,强调农村移民主要采取农业安置的策略.然而,移民的迁入势必会对安置区居民的土地权益带来负面的影响.因此,根据"卡尔多-希克斯"社会福利改进标准,要实现安置区土地向移民转移过程的社会福利改进,需要对利益受损的安置区集体和居民给予相应的补偿以弥补其福利损失.本文以湖北省竹山县潘口水电站为例,在对竹山县溢水镇、宝丰镇两个乡(镇)5个移民安置点的73户安置区居民进行问卷调查的基础上,运用条件价值法(CVM)对安置区土地流转的补偿标准进行了实证研究,研究结果表明:潘口水电站移民安置区土地流转补偿执行标准均未达到农地实际价值的一半,水田的补偿程度为49.54%.旱地的补偿程度为为44.54%,安置区集体和居民没有获得充分的补偿,因此,需要提高安置区土地流转补偿标准,使安置区居民也能和移民一样地分享到水利水电工程带来的增值收益.
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