本文通过对珠江三角洲农民工问卷调查资料的回归分析, 试图检验在市场转型下的企业 制度和社会环境对农民工工资的影响。研究发现, 人力资本中的教育年限、本企业工龄等变 量对农民工工资有显著的正向影响, 年龄和性别也有显著影响;企业制度中的工种对工资有 显著影响, 表现出明显的等级性。企业所属行业、规模和企业性质对工资没有显著影响, 是 否签订劳动合同和缺工情况同样如此。社会资本变量和社会环境变量对农民工工资水平没有 显著影响。文章由此认为, 农民工的工资是处于分割的二元劳动力市场一端, 是高度市场化 的, 缺乏企业内部劳动力市场或晋升机制, 也少受劳动力市场用工情况变化影响, 没有地区 性差异, 是一个实实在在的、刚性的低工资。 1. The main content of this article was published under the title: “Peasant‐worker wages: human capital, social capital, enterprise systems or social environment – determining models for Pearl River Delta peasant‐worker wages” in Sociological studies (社会学研究, 2007, no. 6, Beijing). This research received support from the 2005 China National Philosophy and Social Science Fund (05&ZD034) and the Sun Yat‐sen University Second 985 “Public Management and Social Development” Philosophy and Social Science Innovative Research Fund. This article attempts to examine the effect of the enterprise system and social environment under conditions of market transition on the wages of migrant workers using regression analysis of Pearl River Delta migrant worker survey data. The research found that among human capital variables, educational level and length of employment in their present firms have a significant positive effect on the wages of migrant workers, while age and gender also have a significant effect; among enterprise system variables, the type of work also significantly influences wages, demonstrating clear stratification. Industry, scale and firm type do not significantly influence wages, regardless of labor contract or labor supply status. Social capital variables and social environmental factors do not have a significant effect on peasant‐worker wage levels. The article therefore concludes that migrant worker wages are highly marketized and are at one extreme of a segmented dual labor market. They lack intra‐firm labor markets and promotion mechanisms, are little influenced by changes in labor market conditions, and show no regional variations. They represent low wages of an extreme rigidity.