Influence of Livelihood Capital of Rural Reservoir Resettled Households on the Choice of Livelihood Strategies in China

The livelihood capital of resettled households is an important factor that affects their choice of livelihood strategies. The relationship between the two can help to transform the livelihood behavior of resettled households aiming to achieve sustainable livelihoods. Based on survey data of livelihoods of the Wuxikou Water Control Project, the logistic regression model was used to analyze the influence of livelihood capital on the choice of livelihood strategies. The results showed the following: (1) The five categories of livelihood capital values were generally not high. The value of human capital was the highest (0.480), while the value of natural capital was the lowest (0.362). (2) Natural and financial capital have significant effects on the choice of an agricultural-oriented livelihood strategy, in which natural capital has a positive effect and financial capital has a negative effect. Social and financial capital have a significant positive effect on the choice of a migrant-oriented livelihood strategy. Human and physical capital have significant positive effects on the choice of a part-time balanced livelihood strategy. (3) Decisive factors are used to promote transformation from agriculture-oriented to migrant-oriented, mostly comprising education level and interpersonal communication, among other indicators. The important factors used to promote transformation from agriculture-oriented to part-time balanced are mainly labor force quantity and total family income, among other indicators. Finally, on the basis of the above findings, context-specific policies are proposed from the observations of livelihood capital and livelihood strategies, such as upgrading the level of human capital by category, reconstructing the social capital network in multiple forms, and diversifying and broadening financial capital channels.