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Social Capital, Socioeconomic Status and Self-efficacy

Author

Listed:
  • Jing Han
  • Xiaoyuan Chu
  • Huicun Song
  • Yuan Li

Abstract

This study internalized social capital on the basis of traditional study of the influence of economic factors on self-efficacy, and studied the relationship among the family socio-economic status, social capital and self-efficacy. Based on the theoretical analysis, with first-hand data collection and using multiple regression models, the paper studied the intermediate effect of social capital in the relationship between the socioeconomic status and self-efficacy. We draw on the following conclusions: (1) The family socio-economic status as well as all its dimensions (father¡¯s degree of education, mother¡¯s degree of education, the total annual income of the family, father¡¯s occupation, mother¡¯s occupation) is significantly positively related to social capital and all the dimensions of its proxy variable (peer support, kinship support and general support of others); (2) There is a significant positive correlation between the family socio-economic status as well as all its dimensions and self-efficacy; the socio-economic status, with its dimensions, is the predictive variable of self-efficacy; (3) Social capital, with dimensions of its proxy variable, is positively correlated with self-efficacy and has predictive effect on self-efficacy (4) Social capital plays a significant intermediate role between socio-economic status and self-efficacy, and the mediating effect size is about 51.75%.

Suggested Citation

  • Jing Han & Xiaoyuan Chu & Huicun Song & Yuan Li, 2015. "Social Capital, Socioeconomic Status and Self-efficacy," Applied Economics and Finance, Redfame publishing, vol. 2(1), pages 1-10, February.
  • Handle: RePEc:rfa:aefjnl:v:2:y:2015:i:1:p:1-10
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    Citations

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    Cited by:

    1. Vanessa Sha Fan & Renuka Mahadevan, 2019. "The Role of Social Capital and Remote Chinese Villagers’ Well-Being," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 143(3), pages 1109-1128, June.
    2. María José Rodríguez-Gutiérrez & Isidoro Romero & Zhikun Yu, 2020. "Guanxi and risk-taking propensity in Chinese immigrants’ businesses," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 305-325, March.

    More about this item

    Keywords

    Socio-economic Status; Social Capital; Self-efficacy; Mediate Effect;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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