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Abstract


               Social  Capital  theory  is  increasingly  being  looked  at  as  a  valuable  paradigm  to  understand  if  community
               characteristics influence health behaviors and outcomes. This requires an understanding of the forms in which social
               capital manifests and levels at which it operates. Employing hierarchical modeling to SAGE (Study on Global Ageing
               and Adult Health) India data, we attempt to estimate the extent of neighborhood variation in health outcomes of
               older adults that can be explained with social capital. Also, the association between different forms of social capital
               (constructed  based  on  Richard  Carpiano’s  framework)  and  health  outcomes  are  examined.  Results  show  that
               community-level social capital variables collectively explain 12.81 percent unexplained neighborhood variation in
               self-rated health, 2.5 percent variation in psychological wellbeing and 11.32 percent variation in ability to perform
               activities of  daily  living respectively. Also,  we  find  several  forms  of  social  capital  to  be  associated  with  health
               outcomes among older adults. The findings highlight the role social capital plays in serving as a coping mechanism
               for older adults to survive deteriorating health and social exclusion and calls for conscious investment in building
               social capital.

               Keywords: Social Capital, Neighbourhood Effects, Older Adults, Health Outcomes, Hierarchical Modeling



               1071 Effect of retirement on the cognitive outcome of elderly in India and China: An
               instrumental variable estimation

               Srei Chanda

               International Institute for Population Sciences, Mumbai, India

               Categories


               8. Population Dynamics, Demographic Transition and Population Ageing


               Abstract

               India and China are grappling with a growing number of elderly depicting poor economic security and lack of
               support from family. It is hypothesized that retirement has a spillover effect on cognitive health at later ages. It is
               essential  to  measure  patterns  in  the  occurrence of  retirement  from  the  organized  and  unorganized sector  on
               cognitive health at old age.  In the absence of an adequate pension system, retirement from the labor market is
               influenced by  income  status.  Income  is  evaluated  with  future  financial  security,  receiving from,  and  providing
               support to family and community. I have used an IV-two stage least square regression (IV-2SLS) on WHO-SAGE
               Wave 1 data on India and China. The result shows that those who have retired from the organized sector is best in
               terms  of  preserving  cognitive  outcome  after  controlling  socio-demographic  characteristics  in  both  countries.
               Having no insurance has a more negative effect on cognitive health in India (ß -0.68, [CI -1.03,-0.30]) than China (ß-
               0.29,  [CI  -0.49,  -0.08]). Income  was  found  to  be  endogenous  in  our  statistical  model  for  both  countries.  This
               estimation is useful to address the potential decline of support from family and community due to the change in
               intergenerational norms and financial security.


               718 Health and Health-care expenditure of older workforce in India

                                1
                                             2
               Poulomi Chowdhury , Mausam Garg
                                                                 2
               1 University of Southampton, Southampton, United Kingdom.  IIPS, Mumbai, India
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