Land not only has the basic economic output value, but also has ecological and social value. However, the defects of its market mechanism make people lack of full understanding of farmland value. Inadequate understanding of the value of farmland resources will lead to low standard compensation of land and lose of farmers' rights and interests in the process of expropriation. Based on different values of land resources, the research estimates the value of the expropriated land in Hunan Province from 2005 to 2014 with the corresponding econometr...