2017
DOI: 10.1177/2057150x17695689
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Social determinants of household wealth and income in urban China

Abstract: Using data from a nationwide household survey—the China Family Panel Studies (CFPS)—we study how social determinants—political and market factors—are associated with wealth and income among urban households in China. Results indicate that both political and market factors contribute significantly to a household’s economic wellbeing, but the political premium is substantially greater in wealth than in income. Further, political capital has a larger effect on the accumulation of housing assets, while market fact… Show more

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Cited by 33 publications
(29 citation statements)
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“…The evidence obtained is in accordance with earlier studies which have shown individuals with higher levels of education are more likely to hold jobs that involve performing more complex tasks and that have better career perspectives and retirement plans. This result is also consistent with a study conducted by [9,16,39], and [40].…”
Section: Determinate Of Income Inequalitysupporting
confidence: 94%
“…The evidence obtained is in accordance with earlier studies which have shown individuals with higher levels of education are more likely to hold jobs that involve performing more complex tasks and that have better career perspectives and retirement plans. This result is also consistent with a study conducted by [9,16,39], and [40].…”
Section: Determinate Of Income Inequalitysupporting
confidence: 94%
“…In China, the return on human capital has been rising as market reforms have deepened, making education an increasingly important driver of housing wealth (Wang et al, 2016;Jin and Xie, 2017). As market-oriented reform proceeded, political power and sector of employment (e.g.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Finally, according to power persistence theory (Bian and Logan, 1996), households that were favored before the housing reform continue to be privileged in and after the housing reform because of the heritage of socialist institutional arrangements (Fang and Iceland, 2018). In a more recent study, Jin and Xie (2017) revealed that political capital matters more in driving housing wealth while market factors (education and work experience) are relatively more important in determining non-housing wealth.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Bian, 2002; Bian and Lu, 2014; Fu et al., 2015; Jin, 2018; Logan et al., 1999, 2009, 2010; Ren and Hu, 2016; Song and Xie, 2014; Szelenyi, 1983; Walder and He, 2014; Walder and Hu, 2009; Xie and Jin, 2015; Zhou and Logan, 1996; Zhou and Suhomlinova, 2001). In the literature on housing stratification and inequality in urban China, the prevailing wisdom is that individuals’ housing statuses result from their own achievement, and the impact of parental characteristics and housing inheritance is rarely explored (Jin, 2018). However, in the context of China’s housing reform, which led to large-scale commodification and privatisation of urban housing (Bian, 1997; Chen and Gao, 1993; Walder and He, 2014), housing inheritance and parental financial assistance in housing acquisition have become increasingly prevalent.…”
Section: Introductionmentioning
confidence: 99%