Relationship between the Engel Coefficient, Life Satisfaction, and Subjective Health for Senior Citizens in Korea: Moderating Effect of COVID-19
Abstract
:1. Introduction
2. Literature Review and Hypothesis Development
2.1. Life Satisfaction
2.2. Subjective Health and Life Satisfaction
2.3. Engel Coefficient
2.4. COVID-19
3. Method
3.1. Research Model and Data Collection
3.2. Illustration of Variables and Data Analysis
4. Results
4.1. Descriptive Statistics and Correlation Matrix
4.2. Results of Hypothesis Testing
5. Discussion and Conclusions
6. Conclusions
6.1. Theoretical and Practical Implications
6.2. Limitations
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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Name | Code | Description |
---|---|---|
Life satisfaction | LSA | (0 = Very poor, 100 = Very good) |
Subjective health | SHE | (1 = Very bad, 5 = Very good) |
Engel coefficient | ENG | [(Food expenditure + Eating out expenditure)/Living expenditure] × 100 |
COVID-19 | COV | (0 = participants in 2018, 1 = participants in 2020) |
Gender | GEN | (0 = Male, 1 = Female) |
Age | AGE | Physical age of survey participants |
Personal assets | AST | Personal assets (10,000 KRW) |
Variable | Mean | SD | Minimum | Maximum |
---|---|---|---|---|
LSA | 64.64 | 12.68 | 4 | 100 |
SHE | 2.9 | 0.85 | 1 | 5 |
ENG | 34.96 | 12.02 | 0 | 83.33 |
COV | 0.49 | 0.49 | 0 | 1 |
GEN | 0.35 | 0.47 | 0 | 1 |
AGE | 72.09 | 9.2 | 57 | 102 |
AST | 31,218.51 | 42,186.18 | 0 | 818,000 |
Variable | 1 | 2 | 3 | 4 | 5 | 6 |
---|---|---|---|---|---|---|
1. LSA | 1 | |||||
2. SHE | 0.282 * | 1 | ||||
3. ENG | −0.116 * | −0.007 | 1 | |||
4. COV | 0.039 * | −0.012 | 0.085 * | 1 | ||
5. GEN | 0.042 * | 0.100 * | 0.006 | 0.181 * | 1 | |
6. AGE | −0.184 * | −0.395 * | 0.052 * | 0.105 * | −0.029 * | 1 |
7. AST | 0.219 * | 0.102 * | −0.078 * | 0.028 * | 0.048 * | −0.080 * |
Variable | Model1 β (t-Stat) |
---|---|
Intercept | 64.418 (29.87) * |
SHE | 3.589 (14.37) * |
ENG | −0.100 (−4.26) * |
COV | 2.740 (2.31) * |
ENG × COV | −0.019 (−0.60) |
GEN | 0.625 (1.61) |
AGE | −0.146 (−6.09) * |
AST | 0.001 (12.62) * |
F-value | 91.57 * |
R2 | 0.1421 |
Variable | Model 2 2018 β (t-Stat) | Model 3 2020 β (t-Stat) |
---|---|---|
Intercept | 65.330 (23.12) * | 66.914 (20.53) * |
SHE | 5.124 (15.26) * | 1.986 (5.44) * |
ENG | −0.095 (−4.23) * | −0.119 (−5.12) * |
GEN | 1.774 (3.26) * | 0.219 (0.39) |
AGE | −0.231 (−6.94) * | −0.080 (−2.30) * |
AST | 0.001 (7.32) * | 0.001 (10.35) * |
F-value | 110.08 * | 40.84 * |
R2 | 0.2154 | 0.1421 |
LSA | Low ENG | Hi ENG |
---|---|---|
2020 | 66.72 | 63.40 |
2018 | 65.75 | 62.05 |
Variable | Pre-COVID-19 Mean (SD) (n = 2005) | Post-COVID-19 Mean (SD) (n = 1874) | t-Value |
---|---|---|---|
LSA | 64.16 (12.65) | 65.16 (12.70) | −2.452 * |
ENG | 33.95 (11.63) | 36.00 (12.33) | −7.436 * |
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Moon, J.; Hwang, J.; Lee, W.S. Relationship between the Engel Coefficient, Life Satisfaction, and Subjective Health for Senior Citizens in Korea: Moderating Effect of COVID-19. Behav. Sci. 2023, 13, 22. https://doi.org/10.3390/bs13010022
Moon J, Hwang J, Lee WS. Relationship between the Engel Coefficient, Life Satisfaction, and Subjective Health for Senior Citizens in Korea: Moderating Effect of COVID-19. Behavioral Sciences. 2023; 13(1):22. https://doi.org/10.3390/bs13010022
Chicago/Turabian StyleMoon, Joonho, Jinsoo Hwang, and Won Seok Lee. 2023. "Relationship between the Engel Coefficient, Life Satisfaction, and Subjective Health for Senior Citizens in Korea: Moderating Effect of COVID-19" Behavioral Sciences 13, no. 1: 22. https://doi.org/10.3390/bs13010022
APA StyleMoon, J., Hwang, J., & Lee, W. S. (2023). Relationship between the Engel Coefficient, Life Satisfaction, and Subjective Health for Senior Citizens in Korea: Moderating Effect of COVID-19. Behavioral Sciences, 13(1), 22. https://doi.org/10.3390/bs13010022