Resettlement resilience and land transfer efficiency: farmers' perceptions of capital inflows in the context of ecological civilization

In the modern era, ecological migration is a voluntary migration strategy that offers multiple benefits, including poverty alleviation, economic development, resource optimization, environmental protection, and social harmony. Based on the survey data from 563 farmers in Guizhou Province, this study empirically examines the determinants influencing farmers' willingness to transfer land management rights in response to increasing capital inflow into rural areas using a Logistic binary regression model. The results show that farmers' risk perception toward rural capital investment emerges as the most critical factor shaping their land transfer decisions. Additionally, economic and institutional factors, including land transfer fees, the mode and timing of rent transfer, access to non-agricultural employment, the robustness of social security, and socio-economic development, play significant roles in facilitating or constraining land transfer willingness. Socioeconomic characteristics, such as education level, annual household income, and disposable income, are positive and significantly correlated with farmers' willingness to transfer land. These outcomes suggest that financially secure and better-informed farmers exhibit greater readiness to participate in structured land market mechanisms.