This chapter examines the effects of social capital and human capital on occupational attainment in Chinese cities during a 50-year span from 1964 to 2014. An analysis of a 2014 survey presents the following results: (1) As compared to non-users, users of job-search contacts to gain information or favoritism conduct more extensive search, receive more job offers, and obtain higher entry-level wage. (2) Higher-educated job seekers take more time to complete a search, especially when they use social contacts, leading to higher income return of education. (3) There has been a persistent effect of social capital on income during the process of market transition, even though the influence of favoritism has weakened since China joined the WTO around 2001.
Bibliographical notePublisher Copyright:
© 2023 by World Scientific Publishing Europe Ltd. All rights reserved.
- Human capital
- Occupational attainment
- Social capital