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Table 6 The relationship between the proxy wealth index generated using principal components analysis (PCA) and income and savings, among households in a rural (Wuyi village) setting, Hunan province, China

From: Comparison of two approaches for measuring household wealth via an asset-based index in rural and peri-urban settings of Hunan province, China

Variable Wealth quartile*    
  Most poor
(n = 64)
Below average
(n = 66)
Above average
(n = 64)
Most wealthy
(n = 64)
MW:MP** χ 2 p-value
Ability to save money 15 (23.4%) 23 (34.8%) 29 (45.3%) 39 (60.9%) 2.6 10.6 0.014
Low income without savings 34 (53.1%) 35 (53.0%) 20 (31.3%) 14 (21.9%) 0.4 19.6 < 0.001
Low income with savings 5 (7.8%) 8 (12.1%) 6 (9.4%) 10 (15.6%) 2.0 1.9 0.588
High income without savings 15 (23.4%) 12 (18.2%) 15 (23.4%) 11 (17.2%) 0.7 4.1 0.247
High income with savings 10 (15.6%) 11 (16.7%) 23 (35. 9%) 29 (45.3%) 2.9 20.1 < 0.001
  1. * n = Number of households in each category; ** = Most wealthy to most poor ratio