Table 1.
Descriptive statistics of the sample.
| Variable | Label | Obs | Mean | Std. Dev. | Min | Max |
|---|---|---|---|---|---|---|
| Parent_edu | Highest education of parents | 5,039 | 2.86 | 1.09 | 1.00 | 7.00 |
| ParenteduY | The maximum length of schooling of parents | 5,039 | 8.32 | 3.57 | 1.00 | 19.00 |
| Child_edu | Highest education of child | 5,039 | 3.75 | 1.27 | 1.00 | 8.00 |
| ChildeduY | The maximum length of schooling of child | 5,039 | 10.95 | 3.57 | 1.00 | 22.00 |
| Family size | Number of family members | 5,039 | 4.36 | 1.92 | 1.00 | 16.00 |
| Fincome | Family net income | 5,039 | 9.14 | 16.12 | 0.00 | 506.50 |
| Urban | Urban and rural classification based on China National Bureau of Statistics | 5,012 | 0.44 | 0.50 | 0.00 | 1.00 |
| Province | Chinese provinces | 5,030 | 39.74 | 15.38 | 11.00 | 65.00 |
| Health | level of health | 3,622 | 5.47 | 1.28 | 1.00 | 7.00 |
| Intelligence | Intelligence level | 4,196 | 4.92 | 1.40 | 1.00 | 7.00 |