Variable

Model 1

Likelihood Ratio Test

Yes

I Don’t Know

Socio-demographic Characteristics

Male

0.881

0.898

Gender (not significant)

Age: 60 - 63

1.309**

0.790*

Age***

Age: 64 - 67

1.070

0.891

Married

0.793*

0.943

Marital status*

Agricultural

0.950

1.016

Household registration (not significant)

Economic Capital

Employed

0.578***

0.762**

Working situation***

Purchased

6.170***

1.516***

Local housing purchase***

Participated

0.851

0.350

Endowment insurance*

Not Participated

0.847

0.376

Model Fitting Information: 3525.372***

Pseudo R²: 0.577

Goodness of fit: 0.214

Samples: 4907; Note: ***P < 0.01, **P < 0.05, *P < 0.1