| With the rapid development of society,the phenomenon of water pollution frequently appears,which seriously damages the ecological environment.Basin ecological compensation policy came into being.The guarantee that the ecological compensation policy can be successfully implemented is the motivation and initiative of local farmers.Farmers’ willingness to accept and willingness to migrate reflect their positive and negative willingness to participate in the policy,which is the main response of farmers’ participation in the implementation of ecological compensation and is influenced by their own capital endowment.Improving the incentives of farmers to participate and achieving policy sustainability requires clarifying the impact of capital endowments on farmers’ willingness to accept and to migrate.Therefore,this study takes Xin’an River as the study area and classifies farmers into two categories,fishermen and non-fishermen,according to their different livelihoods.Based on the data obtained from field research,a capital endowment indicator system was constructed using the sustainable livelihood framework.Using the Contingent valuation method to account for farmers’ willingness to accept.An Ordered Probit model is used to analyze how capital endowments affect farmers’ willingness to accept.Analyzing the effect of capital endowment on farmers’ willingness to migrate through Binary Logit model.And the Agent based model is used to simulate farmers’ willingness to migrate during 2012-2042.The main findings of the study are as follows.(1)The willingness to accept was 0.684 million yuan for fishermen,and 0.226 million yuan for non-fishermen.Fishermen’s willingness to accept is about 3 times higher than that of non-fishermen.The effect of capital endowment on the willingness to accept differs between fishermen and non-fishermen,with the effect being more significant for fishermen.Social capital,financial capital,physical capital and natural capital have effect on fishermen’s willingness to be paid.Human capital,physical capital and natural capital have a significant effect on the willingness to be reimbursed of non-fishermen.(2)In terms of willingness to migrate,the effect of capital endowment on the willingness to migrate is significantly heterogeneous between fishermen and non-fishermen,with a greater effect on non-fishermen.Social capital and human capital have a significant effect on fishermen’s willingness to migrate;social capital,human capital,financial capital and natural capital have a significant effect on non-fishermen’s willingness to migrate.(3)According to the results of ABM,non-fishermen were the first to start migrating after the implementation of the policy and were significantly more willing to migrate than fishermen.Total capital endowment has a significant positive effect on the willingness to migrate for both fishermen and non-fishermen,and the effect is greater for non-fishermen.In the next 20 years,social capital has a positive effect on fishermen and a negative effect on non-fishermen;human capital has a negative effect on fishermen and a positive effect on non-fishermen;financial capital has a positive effect on non-fishermen;and natural capital has a positive effect on fishermen and non-fishermen.In response to the above findings,the study proposes to increase compensation,explore diversified compensation methods,make differentiated compensation,enrich farmers’ capital endowment,improve farmers’ awareness of protecting ecological environment,and pay attention to publicity and education. |