Table 7 The relationship between the proxy wealth index generated using principal components analysis (PCA) and income and savings, among households in rural (Wuyi village) and peri-urban (Laogan village) settings, Hunan province, China
| Variable | Wealth quartile* | ||||||
|---|---|---|---|---|---|---|---|
|
Most poor
(n = 127) |
Below average
(n = 126) |
Above average
(n = 126) |
Most wealthy
(n = 125) | MW:MP** | χ 2 | p-value | |
| Ability to save money | 43 (33.9%) | 51 (40.5%) | 29 (23.0%) | 33 (26.4%) | 0.8 | 15.2 | 0.002 |
| Low income without savings | 59 (46.4%) | 44 (34.9%) | 66 (52.4%) | 54 (43.2%) | 0.9 | 10.8 | 0.013 |
| Low income with savings | 19 (15.0%) | 11 (8.7%) | 9 (7.1%) | 5 (4.0%) | 0.3 | 15.2 | 0.002 |
| High income without savings | 25 (19.7%) | 31 (24.6%) | 31 (24.6%) | 38 (30.4%) | 1.5 | 15.0 | 0.003 |
| High income with savings | 24 (18.9%) | 40 (31.8%) | 20 (15.9%) | 28 (22.4%) | 1.2 | 11.1 | 0.011 |