In April 2021, the General Office of the CPC Central Committee and the State Council issued the document "Opinions on Establishing a Sound Mechanism for Realizing the Value of Ecological Products", which institutionalized the "value transformation of ecological products" for the first time. It is clearly required that the value evaluation system of ecological products be established in administrative units and incorporated into the national economic accounting system. In addition, the assessment of the value of cultivated land is the basis for the formulation of cultivated land compensation standards. Therefore, a scientific and comprehensive assessment of the multidimensional value of cultivated land is important for the compilation of natural resource balance sheets and the improvement of cultivated land compensation mechanisms. However, the value of cultivated land is multidimensional and can be divided into use value and non-use value, market value and non-market value, economic value, social value and ecological value from different perspectives [
1], leading to great difficulties in the full accounting for the value of cultivated land resources.
Foreign research on the market value of cultivated land began with the exploration of the theory of agricultural land rent [
2]. After the 20th century, the soil production potential method, the income method, the market method and the cost method were formed. Later, influenced by the idea of sustainable development, scholars began to pay attention to the non-market value of cultivated land and formed the value assessment methods that reveal preferences (such as the cost analysis method and the travel cost method) and state preferences (such as the conditional value method, joint analysis method) [
3]. With the issue of the World Natural Resources Conservation Outline in 1980 and the establishment of the International Association for Ecological Economics, the value of cultivated land ecosystem services became the focus of research by foreign scholars, and three more mature methods were formed: the equivalent factor method, the alternative market method, and the conditional value assessment method, among which the most widely accepted is the equivalent factor method of ecosystem service value proposed by Costanza [
4]. Chinese scholars have also conducted abundant studies on the value of cultivated land resources. For example, Huang Xianjin [
5] derived the correction coefficients and unit prices for the economic value of cultivated land in different agricultural regions in China. Yu & Cai [
6] systematically elaborated on the connotation of cultivated land value, and Xie Gaodi[
7] formulated a table of ecosystem service value for mainland China. The main accounting methods for economic value include the income capitalization method, market comparison method, cost approximation method [
8], residual method, scoring valuation method, and benchmark plot method [
9], among which the income capitalization method is the most used and mature one, and was first used for the valuation of cultivated land zoning in China [
10]. The mainstream accounting method of social value is the alternative market method [
11], which takes the social function of cultivated land as the starting point and then selects similar indicators to replace it. For example, some scholars used it to assess the total social value of cultivated land resources in Shenyang as 1127.5 billion yuan [
12], some scholars assessed the social stability value of cultivated land resources in China by calculating the cultivated land occupation tax and reclamation fee [
11]. In general, the ecological value accounting of cultivated land has developed into shadow engineering method [
13], value equivalent correction method [
14], conditional value assessment method or willingness survey assessment method[
15], energy value analysis method[
16], equivalent factor method [
17] and alternative market method. For example, some scholars have used shadow engineering method, opportunity cost method and alternative cost method to construct different functional assessment models to evaluate the ecological value of cultivated land in Beijing [
13]; some scholars used the equivalent factor method to measure the ecological value of cultivated land in the Yangtze River economic belt region [
17]. Scholars in China generally modified the national ecosystem value scale formulated by Xie Gaodi [
7] to obtain the ecological value of cultivated land in the study area.
In summary, scholars at home and abroad have done a lot of research on the connotation, composition, and accounting methods of cultivated land values. However, most of the current studies on the value of cultivated land resources have focused on the provincial and municipal levels, with relatively little emphasis on the county level, because the difficulty of getting data required increase rapidly as the scale of the study shrinks. Furthermore, there is a lack of exploration of the heterogeneity of spatial distribution and influencing factors of value. These factors have created numerous obstacles to the construction of an ecological product value evaluation system of administrative regional units, and ruined the efforts of county governments to protect cultivated land in China. Therefore, taking Guangxi as an example, this paper carried out a multi-dimensional value assessment of county cultivated land resources, conducted global and local spatial autocorrelation analysis by ArcGIS and Geoda to reveal the distribution characteristics and its influencing factors of county cultivated land, so as to provide an objective reference for establishing an ecological product value accounting system and improving the compensation mechanism for cultivated land protection in China.