Regression results of Xiangxi region.

This study explores the impact of farm households’ social capital characteristics and local government policies on the selection of farmland transfer contracts in China’s rural industrial revitalization context. Utilizing field research data from 1,979 households in ethnic areas of Hunan Province, this paper constructs an econometric model to assess how farm households’ social capital and local governments’ involvement in rural industrial revitalization influence farmland transfer contract selections. The findings indicate that, lacking government program support, farmers’ social capital significantly affects contract type and duration, but not the rent. Specifically, farmers possessing extensive social capital prefer verbal and short-term contracts (coefficients of 0.525 and 0.643, significant at the 5% level), whereas their influence on rent (coefficient of 2.418, significant at the 5% level) manifests under government program support. These results challenge the conventional theory of farmland transfer contracts and offer substantial empirical support for the development of local government policies in rural industrial revitalization, underlining the critical role of government guidance and social capital in enhancing farmland transfer.本研究立足于中国乡村产业振兴的现实语境，探讨农户社会资本特征与地方政府政策对农地流转契约选择的影响。本研究利用湖南省民族地区1979户农户的实地调研数据，构建计量模型，评估农户社会资本与地方政府参与乡村产业振兴的行为如何作用于农地流转契约的选择。研究结果显示：在未获得政府项目支持的情况下，农户社会资本会显著影响契约类型与契约期限，但对流转租金无显著影响。具体而言，拥有丰富社会资本的农户更偏好口头契约与短期契约（回归系数分别为0.525和0.643，均在5%显著性水平下显著）；而社会资本对流转租金的影响（回归系数为2.418，在5%显著性水平下显著）仅在农户获得政府项目支持时才会显现。上述研究结论既对传统农地流转契约理论形成了有益挑战，也为乡村产业振兴背景下地方政府政策的制定提供了坚实的经验支撑，凸显了政府引导与社会资本在优化农地流转进程中的关键作用。