Journal article
The Economics of Communist Party Membership: The Curious Case of Rising Numbers and Wage Premium during China's Transition.
- Abstract:
- As the Chinese Communist Party has loosened its grip in a more market-oriented economy, why have membership and the economic benefits of joining risen? We use three national household surveys over 11 years to answer this question for wages in urban China. Individual demand for Party membership is treated as an investment in 'political capital' that brings monetary rewards in terms of a wage premium that has risen in recent years. However, this does not explain why the wage premium is higher for the personal characteristics that reduce the probability of membership. Rationing with a scarcity value for members with those characteristics provides an explanation.
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- Files:
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(Preview, pdf, 197.3KB, Terms of use)
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- Publisher copy:
- 10.1080/00220380802264739
Authors
- Publisher:
- Taylor and Francis
- Journal:
- Journal of Development Studies More from this journal
- Volume:
- 45
- Issue:
- 2
- Pages:
- 256 - 275
- Publication date:
- 2009-01-01
- DOI:
- ISSN:
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0022-0388
- Language:
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English
- UUID:
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uuid:e873a513-c520-4d79-9b01-8968dbd02478
- Local pid:
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oai:economics.ouls.ox.ac.uk:14628
- Deposit date:
-
2011-08-16
- ARK identifier:
Terms of use
- Copyright date:
- 2009
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