An Empirical Analysis of Social Capital and Household Insurance Purchases in the Context of the Internet of Things: Evidence from China

Table 5

Control variable definitions.

Variable	Definition
Household characteristic variables
Household income	Natural logarithm of household income
Household assets	Natural logarithm of household assets
Household consumption	Natural logarithm of household consumption
Social security	1 if respondents and their spouse have enrolled in social security and 0 otherwise
Family size	Number of family members
Individual characteristic variables
Age	Age of the respondent
Age squared	Age squared/100
Gender	1 for female and 0 for male
Marriage	1 if married and 0 otherwise
Education	1 if college degree or above and 0 otherwise
Health	1 if health status is “excellent” or “very good” and 0 otherwise
Risk attitude	1 if the respondent chooses “high-risk and high-return projects” or “slightly high-risk and high-return projects” and 0 otherwise
Happiness	1 if “very happy” or “happy” and 0 otherwise