Abstract: Based on the survey data of 485 rural household samples in Hubei Province and Chongqing City, this paper constructes a multinomial Logistic model to study the impact of labor force transfer on the farmers’ selection of production and operation modes with multiple capital constraints. The results of the study indicate that the labor force transfer has a positive influence on farmers’ selection of professional agricultural production and operation modes and a negative influence on farmers’ selection of other production and operation modes. Therefore, labor force transfer is conducive to the collapse of farmers’ part-time business mode, urging them to reselect their professionally-engaged agricultural production and operation activities, including the simple agricultural production with traditional methods and the large-scale production performed by the new-type organization forms for agricultural production, such as the large professional families, family farms, farmers’ cooperatives and so on. On such a basis, this paper puts forward some corresponding policy recommendations.

Key words: multiple capital constraints; labor force transfer; production and operation mode