Stabilization and structuralization: transformations of China's labor market from the perspective of new institutionalism (2006–2017)

The Journal of Chinese Sociology

Table 6 Regression analysis of return on human capital

	Model 5.1 (2006)	Model 5.2 (2008)	Model 5.3 (2012)	Model 5.4 (2015)	Model 5.5 (2017)
	B/S.E	B/S.E	B/S.E	B/S.E	B/S.E
Control variables	Control	Control	Control	Control	Control
Sector type (1 = Public sector)	− 0.179***	− 0.061	− 0.082⁺	− 0.042	− 0.026
	0.041	0.053	0.045	0.058	0.057
Years of education	0.062***	0.057***	0.053***	0.048***	0.049***
	0.008	0.011	0.008	0.011	0.011
Job type (1 = Stable job)	0.231⁺	0.559***	0.257⁺	0.154	0.055
	0.123	0.169	0.141	0.171	0.16
Years of education* Job type	− 0.003	− 0.020	0.006	0.012	0.028*
	0.010	0.014	0.012	0.015	0.013
_const	8.123***	7.114***	6.216***	5.199***	4.811***
	0.22	0.377	0.288	0.426	0.468
N	2204	1741	3141	2475	3162
R²	0.218	0.320	0.248	0.210	0.251