Social Sciences
4 years ago

Investing in Human and Political Capital in China Boosts Income and Welfare.

The Economic Impact and Determinants of Investments in Human and Political Capital in China
Zhiqiang Liu

Paper Summary

The article explores how human and political capital impact income in China. Both types of capital positively affect individual and household income. Parental income influences the education level of their children. Political capital, gained through investment, affects a person's job choice and economic success.

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