Handbook of Research Methods and Applications in Social Capital
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Handbook of Research Methods and Applications in Social Capital

  • Handbooks of Research Methods and Applications series

Edited by Yaojun Li

Social capital is fundamentally concerned with resources in social relations. This Handbook brings together leading scholars from around the world to address important questions on the determinants, manifestations and consequences of social capital. Combining cutting-edge theory and appropriate data and methods, it presents a challenge to both social capital researchers interested in explaining social inequality and to policy-makers with responsibility for designing effective measures for enhancing social cohesion.
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Chapter 20: Social capital and marketization in the Chinese labor market

Wenhong Zhang and Li Zhang

Extract

The question on the relationship between social capital and marketization is whether social capital is a useful non-market power or just another feature of market power. According to some scholars, social capital and marketization are both influential factors but difficult to measure. Results from the empirical research on this relationship are also different. Based on the data from the Job Searching Network Survey (JSNET 2009) of eight cities in China, this study shows that different measurements have different effects on the relationship between social capital and marketization. Despite these differences, however, we do find that marketization enhances people’s recognition of social capital, but reduces the value of social capital as a tool in job searching. In this study, we explore whether social capital is becoming stronger or weaker as the Chinese marketization process deepens. The study on the relationship between social capital and marketization is beneficial to the development of social capital theory and to the understanding of Chinese economic and social transformation. The issue is of high theoretical and policy significance and has drawn increasing attention from scholars. In this study, we wish to make a further contribution to research in this area.

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