Table 4:

Results using a dummy variable for grandchildren instead of the number of grandchildren. Subsample of respondents with children.

Test for Altruistic Motivation (OLS Model)
(1)(2)(3)(4)
AGE>= 40AGE>= 60AGE>= 40AGE>= 60
GRAND CHILDREN DUMMY0.09*0.23***0.10*0.24***
 (1.88)(3.25)(1.92)(3.22)
GOV PARTY DUMMY0.33***0.37***  
 (9.52)(7.58)  
Test
GRAND CHILDREN DUMMY –F-stat = 13.6F-stat = 2.44  
GOV PARTY DUMMY = 0Prob = 0.0006Prob = 0.13  
Observations4,1251,1024,1251,102
R-square0.070.110.060.09

Note: Numbers in parentheses are t-values calculated using robust standard errors clustered by residential prefecture. *, and *** indicate significance at the 10% and 1% levels, respectively. The set of independent variables is equivalent to that in Table 2. However, these results have not been reported.

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