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Table 5 The influence of late retirement on difficulty in physical functioning and problems of cognitive status (Heckman two-stage regression)

From: The influence of late retirement on health outcomes among older adults in the policy context of delayed retirement initiative: an empirical attempt of clarifying identification bias

 

Dependent variables

Difficulty in physical functioning (2018)

Problems of cognitive status (2018)

Coef.

S.E.

95% CI

Coef.

S.E.

95% CI

Late retirement status of 2015

−0.353**

0.023

[−0.399, − 0.308]

−0.069 **

0.026

[−0.119, − 0.018]

Social behavior

− 0.130 **

0.020

[− 0.169, − 0.091]

− 0.084 **

0.023

[− 0.129, − 0.039]

Health insurance

− 0.045

0.042

[− 0.127, 0.037]

0.121 **

0.043

[0.036, 0.205]

Gender

 Male

REF.

  

REF.

  

 Female

−0.317 **

0.060

[−0.435, − 0.199]

−0.207 **

0.059

[−0.323, − 0.091]

Age

− 0.047 **

0.007

[− 0.060, − 0.033]

− 0.011

0.007

[− 0.025, 0.002]

Education

 Less than lower secondary

REF.

  

REF.

  

 Upper, secondary & vocational training

−0.194 **

0.039

[− 0.271, − 0.116]

−0.077

0.049

[−0.174, 0.020]

 Tertiary

−0.284 **

0.084

[− 0.448, − 0.120]

−0.095

0.111

[−0.313, 0.123]

Marriage

 Married

REF.

  

REF.

  

 Partnered

−0.030

0.046

[−0.120, 0.061]

− 0.015

0.059

[−0.131, 0.100]

 Separated

0.205

0.229

[−0.244, 0.654]

−0.036

0.185

[−0.399, 0.327]

 Divorced

−0.030

0.128

[−0.282, 0.221]

0.046

0.177

[−0.301, 0.392]

 Widowed

0.011

0.031

[−0.049, 0.071]

− 0.002

0.034

[−0.068, 0.064]

 Never married

0.017

0.099

[−0.177, 0.211]

0.002

0.156

[−0.305, 0.308]

Residence

 Central city/town

REF.

  

REF.

  

 Urban-rural integration zone

0.137 **

0.049

[0.041, 0.234]

0.025

0.057

[−0.086, 0.136]

 Rural

0.269 **

0.030

[0.211, 0.328]

0.161 **

0.034

[0.094, 0.228]

 Special zone

0.096

0.208

[−0.311, 0.503]

−0.086

0.184

[−0.446, 0.274]

Inverse mills ratio

1.061 **

0.104

[0.856, 1.265]

0.384 **

0.102

[0.184, 0.584]

Intercept

4.353 **

0.435

[3.500, 5.207]

4.010 **

0.428

[3.172, 4.849]

Observations

3757

  

3223

  

F-statistics

69.27

  

10.44

  

[P-value]

[0.000]

  

[0.000]

  
  1. Notes: The Heckman two-stage regression (1st stage) is conducted by regressing late retirement (2015) on self-reported health (2015), health care services (2015), age and gender, according to which the Inverse Mills Ratio (IMR) is obtained and applied in the 2nd stage regression.
  2. *p < 0.05, **p < 0.01