Table 5.
The impact of risk neutrality on different consumption types of households.
| (1) | (2) | (3) | |
|---|---|---|---|
| Subsistence consumption | Developmental consumption | Enjoyment consumption | |
| Risk-N | 0.075*** (0.017) |
0.140*** (0.048) |
0.651*** (0.101) |
| GE | −0.081*** (0.016) |
−0.172*** (0.047) |
−0.589*** (0.098) |
| AG | −0.005* (0.003) |
−0.020** (0.009) |
−0.089*** (0.018) |
| AG2 | −0.000*** (0.000) |
−0.000 (0.000) |
0.001*** (0.000) |
| EL | 0.065*** (0.005) |
0.096*** (0.013) |
0.656*** (0.029) |
| MS | 0.250*** (0.021) |
0.774*** (0.065) |
0.473*** (0.124) |
| HS | 0.055*** (0.014) |
−0.351*** (0.039) |
0.047 (0.086) |
| PI | 0.066*** (0.017) |
0.163*** (0.048) |
0.455*** (0.104) |
| BB | 0.169*** (0.021) |
0.358*** (0.055) |
0.186 (0.122) |
| NH | 0.076*** (0.015) |
0.215*** (0.038) |
0.383*** (0.080) |
| FA | 0.156*** (0.005) |
0.151*** (0.014) |
0.546*** (0.028) |
| FI | 0.110*** (0.006) |
0.152*** (0.013) |
0.329*** (0.029) |
| Constant | 7.473*** (0.106) |
6.623*** (0.290) |
−4.770*** (0.592) |
| N | 9,955 | 9,956 | 9,681 |
| F-value | 649.308*** | 176.810*** | 510.918*** |
| R 2 | 0.491 | 0.206 | 0.311 |
***, **, and * indicate significance at the 1%, 5%, and 10% confidence levels, respectively, with standard errors in brackets and coefficients outside brackets.