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Social Capital, Socioeconomic Status and Self-efficacy

Jing Han, Xiaoyuan Chu, Huicun Song and Yuan Li

Applied Economics and Finance, 2015, vol. 2, issue 1, 1-10

Abstract: This study internalized social capital on the basis of traditional study of the influence of economic factors on self-efficacy, and studied the relationship among the family socio-economic status, social capital and self-efficacy. Based on the theoretical analysis, with first-hand data collection and using multiple regression models, the paper studied the intermediate effect of social capital in the relationship between the socioeconomic status and self-efficacy. We draw on the following conclusions: (1) The family socio-economic status as well as all its dimensions (father¡¯s degree of education, mother¡¯s degree of education, the total annual income of the family, father¡¯s occupation, mother¡¯s occupation) is significantly positively related to social capital and all the dimensions of its proxy variable (peer support, kinship support and general support of others); (2) There is a significant positive correlation between the family socio-economic status as well as all its dimensions and self-efficacy; the socio-economic status, with its dimensions, is the predictive variable of self-efficacy; (3) Social capital, with dimensions of its proxy variable, is positively correlated with self-efficacy and has predictive effect on self-efficacy (4) Social capital plays a significant intermediate role between socio-economic status and self-efficacy, and the mediating effect size is about 51.75%.

Keywords: Socio-economic Status; Social Capital; Self-efficacy; Mediate Effect (search for similar items in EconPapers)
JEL-codes: R00 Z0 (search for similar items in EconPapers)
Date: 2015
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