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The Impact Mechanism of Household Financial Debt on Physical Health in China.

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  • المؤلفون: Song J;Song J; Hu M; Hu M; Li S; Li S; Ye X; Ye X
  • المصدر:
    International journal of environmental research and public health [Int J Environ Res Public Health] 2023 Mar 06; Vol. 20 (5). Date of Electronic Publication: 2023 Mar 06.
  • نوع النشر :
    Journal Article
  • اللغة:
    English
  • معلومة اضافية
    • المصدر:
      Publisher: MDPI Country of Publication: Switzerland NLM ID: 101238455 Publication Model: Electronic Cited Medium: Internet ISSN: 1660-4601 (Electronic) Linking ISSN: 16604601 NLM ISO Abbreviation: Int J Environ Res Public Health Subsets: MEDLINE
    • بيانات النشر:
      Original Publication: Basel : MDPI, c2004-
    • الموضوع:
      Family Characteristics* ; Poverty*; Middle Aged ; Humans ; China ; Mental Health ; Health Facilities
    • نبذة مختصرة :
      In recent years, Chinese household financial debt has been growing rapidly due to the expansion of mortgage lending. This study aims to examine the impact mechanism of Chinese household financial debt on physical health. Using the 2010-2018 China Household Tracking Survey (CFPS) panel data, we developed fixed effects models to explore the effect of household financial debt on individuals' psychical health, and we also used an instrumental variable to address endogeneity. The findings suggest that there is a negative effect of household financial debt on physical health and these findings still hold after a series of robustness tests. In addition, household financial debt can affect individuals' physical health through mediating variables, such as healthcare behaviors and mental health, and the effects are more significant for those who are middle-aged, married, and with low-income levels. The findings of this paper are important for developing countries to clarify the relationship between household financial debt and population health, and to develop appropriate health intervention policies for highly indebted households.
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    • Contributed Indexing:
      Keywords: China; developing countries; household financial debt; mechanism; physical health
    • الموضوع:
      Date Created: 20230311 Date Completed: 20230314 Latest Revision: 20230317
    • الموضوع:
      20231215
    • الرقم المعرف:
      PMC10002447
    • الرقم المعرف:
      10.3390/ijerph20054643
    • الرقم المعرف:
      36901651