INFLUENCE OF FAMILY BACKGROUND ON CURRENT FAMILY WEALTH IN RURAL CHINA

Hiroshi Sato (), 宏 佐藤 and Shi Li ()

Hitotsubashi Journal of Economics, 2013, vol. 54, issue 1, 95-117

Abstract: This paper examines the influence of family human capital on offspring's economic status in post reform rural China, using nationally representative cross-sectional survey of rural households for 2002. Focuses are on family class origin and occupational experiences. The major findings are as follows. First, parental experiences of a nonagricultural family business before collectivization have a positive and statistically significant effect on offspring's family wealth. Second, the offspring of landlord/rich peasant and middle peasant families are more likely to have higher family wealth than poor and lower-middle peasant families. The findings suggest the robustness of the rural family as the cultural entity.

Keywords: human capital; family background; intergenerational correlation; distribution of wealth (search for similar items in EconPapers)
JEL-codes: D31 J24 N35 O15 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:hit:hitjec:v:54:y:2013:i:1:p:95-117

DOI: 10.15057/25778

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