The economic model and empirical analysis of urban social capital in China: 1988–2008

摘要

This paper develops the model of urban social capital based on perpetual inventory method and individual social network, and measures the social capital stock of 203 cities in China during the period from 1988 to 2008. The results show that, the inequality, labor expected revenue, the expected investment rate of social capital, the probability of job mobility and social capital across the life of cycle et al significantly affect the cities' social capital, and also found that although China's urban per capita income has been greatly improved, the stock of social capital generally speaking has not been greatly improved during the period from 1988 to 2008 in addition to 1993. The economic value of the social capital is in the range of 50 to 150 and recently declining from 2005. The situation of the technological innovation and human capital investment is still not optimistic, and hinder to establish the strategic alliance between the industry-school-research.