Table 2.
Descriptive statistics.
| Variable | Widowed (treatment group) | Non-widowed (control group) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Mean | Median | SD | N | Mean | Median | SD | N | ||
| Dependent variables | Total consumption | 6.158 | 7.606 | 3.983 | 498 | 7.565 | 8.561 | 3.258 | 9,392 |
| Medical consumption | 5.029 | 6.217 | 3.755 | 439 | 5.266 | 6.909 | 3.732 | 9,032 | |
| Non-medical consumption | 5.665 | 6.910 | 3.777 | 498 | 7.068 | 7.969 | 3.143 | 9,392 | |
| Key explanatory variable | Widowhood dummy | 0.600 | 1 | 0.490 | 498 | 0 | 0 | 0 | 9,392 |
| Control variables | Retirement status | 0.0984 | 0 | 0.298 | 498 | 0.103 | 0 | 0.304 | 9,392 |
| Age | 65.78 | 66.02 | 9.250 | 498 | 60.46 | 59.36 | 8.867 | 9,392 | |
| Gender | 0.201 | 0 | 0.401 | 498 | 0.410 | 0 | 0.492 | 9,392 | |
| Hukou | 0.163 | 0 | 0.369 | 498 | 0.201 | 0 | 0.401 | 9,392 | |
| Education level | 1.161 | 1 | 1.529 | 498 | 1.735 | 2 | 1.512 | 9,392 | |
| Log (cash and savings) | 3.587 | 4.615 | 3.572 | 498 | 4.611 | 5.707 | 3.987 | 9,392 | |
| Log (Debt) | 0.255 | 0 | 1.607 | 498 | 0.491 | 0 | 2.225 | 9,392 | |
| Depression score | 6.147 | 7 | 2.654 | 415 | 7.231 | 8 | 2.367 | 8,067 | |
| Self-rated health | 1.777 | 2 | 0.935 | 449 | 2.045 | 2 | 0.935 | 8,552 | |
| Physical health index | 4.353 | 5 | 1.535 | 498 | 4.517 | 5 | 1.483 | 9,392 | |
| Mechanism variables | Wage income | 1.003 | 0 | 2.890 | 498 | 1.858 | 0 | 3.832 | 9,380 |
| Psychological consumption | 2.168 | 0 | 3.571 | 446 | 2.597 | 0 | 3.613 | 9,036 | |
| Saving rate | −30.73 | −0.475 | 147.7 | 275 | −31.43 | 0.197 | 623.5 | 6,007 | |