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Table 2 Basic regression results

From: The crowding-out effect of elderly support expenditure on household consumption from the perspective of population aging: evidence from China

Variable

(1)

(2)

(3)

(4)

(5)

(6)

old

0.6847*** (38.71)

0.6756*** (38.35)

0.6737*** (38.07)

0.6887*** (38.74)

0.678*** (38.03)

0.6779*** (38.02)

lnpcai

0.165*** (15.53)

0.1642*** (15.35)

0.1468*** (13.46)

0.1457*** (13.36)

0.146*** (13.38)

house

0.0636* (1.77)

0.0995*** (2.75)

0.1009*** (2.79)

0.1017*** (2.82)

scale

−0.1035*** (− 7.86)

−0.1147*** (− 8.64)

−0.115*** (− 8.67)

mar

0.3653*** (7.03)

0.3624*** (6.96)

gen

−0.042 (− 0.94)

Intercept term

2.3716*** (79.40)

0.9197*** (9.37)

0.8628*** (8.26)

1.4032*** (11.23)

1.1435*** (8.8)

1.163*** (8.83)

Sample size

27,453

27,453

27,453

27,453

27,453

27,453

  1. Notes. The corresponding t values are in parentheses, and *, **, and *** represent the significance levels of 10%, 5%, and 1%, respectively