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Socio-economic factors of the quality of life of older adults in the province of Guayas, Ecuador

Abstract:

The present work analyses the main socioeconomic factors that determine the quality of life of older adults in the Province of Guayas in Ecuador. The survey method was used on a sample of 817 persons interviewed during 2015. A descriptive demographic and socioeconomic analysis was carried out and dummy categorical and dichotomous variables were generated for the operation on variables. A principal components factor with Varimax rotation analysis was performed and it was modelled around a latent variable in the form of a binomial Logit. It was found that the analysis of factors was not satisfactory in terms of reliability, although it showed adequate KMO indices. The ordered logit analysis shows that the residence area is not determinative of the quality of life of older adults, but it does play an important role when analysing differences between men and women. The occupation and level of education show a statistically significant association with the self-reported quality of life, and the fact of suffering from diseases and belonging to the 71-80 age range may have a negative impact on the quality of life of older adults.