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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

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 = 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
  1. * n = Number of households in each category; ** = Most wealthy to most poor ratio