The Quality of Enterprise Human Capital: Empirical Evidence Based on Enterprise Survey in China

Abstract

Based on the classical human capital theory, we propose the connotation of human capital quality which is the combination of knowledge; techniques, capability and health etc. that are embedded in labor and with economic values. According to this concept, we put forward the three-dimensional structure of human capital quality which is constructed by health awareness, education effect and family background. And on the ground of our hypotheses, we set up theoretical models of second-order CFA and get perfect fit by using enterprise survey data of Dongguan city in China. Furthermore, we adopt multiple-group CFA model to test the invariance across subsample of workers and sub-sample of managers and technical staff. Implications of the results for public personnel management are discussed at the end.