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...
Paper Details
Title
The Economics of Communist Party Membership: The Curious Case of Rising Numbers and Wage Premium during China's Transition
Published Date
Jan 14, 2009
Volume
45
Issue
2
Pages
256 - 275
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Notes
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