Table 3 Descriptive Statistics
From: Health shock, medical insurance and financial asset allocation: evidence from CHFS in China
Variable | Full Sample | Sample w/ Health Shock | Sample w/o Health Shock | Diff (t-test) |
|---|---|---|---|---|
Age | 56.11 | 63.06 | 54.86 | 8.20*** |
(13.46) | (12.85) | (13.18) | ||
Health status (= 1 if healthy, = 0 if unhealthy) | 0.80 | 0.56 | 0.84 | -0.28*** |
(0.40) | (0.50) | (0.37) | ||
High school or above | 0.31 | 0.25 | 0.32 | -0.08*** |
(0.46) | (0.43) | (0.47) | ||
Married | 0.86 | 0.81 | 0.87 | -0.06 |
(0.39) | (0.39) | (0.33) | ||
Male | 0.81 | 0.77 | 0.82 | -0.05*** |
(0.34) | (0.42) | (0.38) | ||
Annual income per member (10,000 CNY) | 2.01 | 1.64 | 2.08 | -0.45*** |
(4.434) | (4.09) | (4.50) | ||
Family number | 4.29 | 4.01 | 4.34 | -0.33*** |
(1.59) | (1.64) | (1.58) | ||
Rural | 0.07 | 0.06 | 0.07 | -0.01** |
(0.25) | (0.24) | (0.26) | ||
Observations | 26,824 | 4,107 | 22,717 | 26,824 |