Empirical Study On The Influence Of Government Regulation On Individual Career Choices

The allocation of talent has an important effect on the national economy.Theoretically,there is an optimal ratio of talents' allocation between the productive and non-productive sectors.When the allocation of talents between productive and non-productive sectors is optimal,the talent allocation efficiency is the highest,and the contribution of talents to the country's economic growth is greatest.On the contrary,if it deviates from the optimal ratio,there will be misallocation of talents.In terms of country's economic growth,it is obviously a disadvantageous factor.In China,although the allocation of talents after the reform and opening up has been improved,it is needless to say that China still has a serious problem of talent allocation.An important manifestation is the misallocation of talent within and outside the system.Since the government and other departments belong to the rent-seeking department,the rent-seeking department is a non-productive department that does not conduct resource production but only redistributes the existing resources.Therefore,it is not conducive to long-term economic operation.The allocation of human capital is closely linked with the system of a country.So,in China,is there an institutional reason which lead individual laborers to prefer employment within the government and other institutions?China is a typical government-led economy,the government sector still possesses a large amount of resources allocation rights and maintains strict market control in many fields.Therefore,this article tries to discuss the institutional reasons behind the occupational choice of individual laborers in China from the perspective of government regulation,and provide a rational and novel explanation for the issue as much as possible.This article tries to solve the following questions: Does the government regulation affect the probability of individual employment in the system?Why the government regulation may affect the individual probability of employment in the system? Is there heterogeneity that government regulation affects the employment probability of different birth cohorts into the system.This article may be the first to discuss in theory the possible influence of government regulation on individual career choices and thus on the allocation of talent.Empirical tests confirm the impact of government regulation on talent pooling and expand the literature on the consequences of government regulation.At the same time,this paper also excavated the mechanism of government regulation on the allocation of human capital.Through the analysis of the impact mechanism,we can find the reasons for the imbalance of talent allocation within and outside the system,and then make reasonable policy suggestions.Since the research on the consequences of government regulation mostly focuses on the impact of government regulation on material capital and lacks the research on the impact of government regulation on human capital,this paper discusses the influence of government regulation on human capital from the perspective of human capital.Based on the data surveyed by Chinese General Social Survey in four phases(2006,2008,2010 and 2011)and a series of data on the government efficiency in China surveyed by the World Bank(2006)Institutional and from an empirical perspective to analysis the impact of government over-regulation on individual career choices.Probit model method is used to estimate the effect of regulation on the probability of employment of individuals in the system.OLS is also used to estimate the effect of regulation on income.Probit regression results show that government regulation significantly increases the probability of labor entering the system of employment,that is,in highly regulated areas,the labor force tends to enter employment within the system.At the same time,the OLS method estimates confirm that government regulation is likely to affect the employment preference of workers by affecting their employment income.This shows that the current simplification and decentralization policy in our country has relaxed the degree of government regulation to a certain extent and lessened the adverse consequences of excessive government regulation.