Research On The Influence Of Father's Political Capital On Children's Income

With China's economy have rapid development,people's income level has been significantly promoted,but different levels of residents' income gap is also growing.This article focuses on the father's political capital for offspring income influence,in the process of China's market-oriented economy,the political capital that left from the planned economy era of factors still exist,with residents of the political capital is closer to the center of power,to be able to get some nonpublic information brought about by the invisible income and gray income,lead to the widening income gap in the next generation to carry on.Family background,political power and the important influence on children income and occupation,parents' political status,professional attributes,and relationships are important factors determine the future development of children,children of poor families can't see the hope of upward mobility,and the children of rich families can rely on the superior family background and political status are relatively easier to work and more lucrative income levels,high and low income groups there is an obvious phenomenon of solidified.At present,researches on political capital mainly have the following problems: first,most researches focus on the influence of political capital on corporate performance and value;Second,most of the currentresearches on the impact of family background on the income of children only analyze the impact of family background on the income of children,while few researches on the mechanism through which family background transmits the income of children.This paper attempts to the offspring of the human capital as a mediation mechanism to examine father political capital influence on offspring income,if the father of political capital by influencing the offspring of human capital to influence children's income,low-income children can to narrow the income gap by increasing the human capital,to break the bondage of family background,the revenue of upward mobility.This is the significance of this study.Based on the latest sample data of China institute of income distribution(CHIP)in 2013,this paper selects two proxy variables of father's political capital to study the influence of father's political capital on children's income.Then the human capital of the offspring is used as an intermediary variable to analyze the influence of the political capital of the father on the income of the offspring.In addition,this paper further analyzes the political capital,including the urban-rural differences of the influence of the father's political capital on the income of the children and the influence of the mother's political capital on the income of the children.This paper draws the following conclusions through research:first,the father's political capital has a significant positive impact on the income of his children.Second,the human capital of the offspring playsan intermediary role in the influence of the political capital of the father on the income of the offspring.Thirdly,there are urban and rural differences in the influence of father's political capital on children's income.In cities,fathers' political capital has a greater impact on their children's incomes than in rural areas.Fourth,the mother's political capital also has a significant positive impact on the children's income.Based on the empirical research results of this paper,the author finally puts forward relevant policy Suggestions,such as perfecting the relevant system and curbing the power rent-seeking;Improve the education system and promote educational equity;Expand education loans,improve the level of education financing and standardize the labor market.