RESEARCH ON COMPENSATION OF LAND REQUISITION BASED ON THEORY OF SUPPLY AND DEMAND——INSTANCE OF HUBEI PROVINCE
基于供需理论，以湖北省为例计算了农地的整体价值和功能价值，提出了征地补偿的参考标准，发现合理补偿远高于现行标准。
Compensation of land requisition is an important issue protecting peasants’ benefits and social stabilization.Based on the theory of supply and demand,this paper mainly discusses the standard of land requisition.Taking Hubei province as an example,it calculates farmland whole value and functional value in the perspective of supply and demand respectively and gets the reference standard of land requisition.It is found that farmland whole value of Hubei province is 800-1 500 thousand Yuan/hectare in the perspective of supply,which can be used as the upper compensation amount in land requisition,and that the functional value of farmland is 277-859.3 thousand Yuan/ hectare in the perspective of demand,which can be used as the reasonable one.The reasonable compensation based on theory of supply and demand is much more than the current compensation standard.