Who is Easier to"Baoyan"?—The development logic and operating mechanism of the"Baoyan"economy
As an important part of China's graduate enrollment system,Baoyan has become an important choice for undergraduates from"Double First-Class"universities to pursue postgraduate studies.However,as the competition for Baoyan has become more and more fierce,the phenomenon of"Baoyan economy"has also emerged as the times require,in which resources are exchanged in the form of economic transactions and external support.The analysis of the CCSVS-2022 survey data shows that:(1)the family characteristics of the students participating in the Baoyan significantly affect their education investment;(2)The educational input of students partici-pating in the Baoyan has a significant impact on their Baoyan output;(3)The family characteristics of the students participating in the Baoyan indirectly affect their Baoyan output.On the whole,the development logic of"Baoyan economy"is the result of the involution of elite education,and its operating mechanism is the embodiment of the efficiency of school organization.Therefore,it is urgent to build a fair and high-quality Baoyan guarantee mechanism and a top-notch innovative talent training system:first,to establish a collaborative education mechanism for higher education families,schools and communities;the second is to optimize the diversified path selection of the output of the Baoyan track;The third is to build a through-the-line training system for top-notch innovative talents.