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Queiroz BL

                                       force participation of older men were very slow. The large variation in male labor
                                       force participation rates is better seen by income group. When countries were divided

            Table 4.  Descriptive statistics, Latin American countries for 1990 and 2010

             Variable                             1990 (mean)        Std. Dev.          Min              Max
             Male, LFPR (%), ages 50–54                91.90            2.97            85.72           96.14
             Male, LFPR (%), ages 55–59                87.47            4.94            77.67           93.96
             Male, LFPR (%), ages 60–64                72.18           15.45            20.10           93.26
             Male, LFPR (%), ages 65+                  46.71           16.93             8.19           70.71
             GDP per capita                           4632.53         3260.94         1362.17         17052.62
             Gini Index                                50.33            8.59            40.84           61.04
             Percentage urban (%)                      61.90           14.92            28.50           89.00
             Pop. age 65+ (%)                           4.96            2.03             3.21           11.60
             Pop. age 15–64 (%)                        57.56            3.96            50.93           63.93
             Life expectancy                           67.84            4.92            55.10           75.70
             Years of schooling                         5.61            1.64             2.70            8.10
             Variable                             2010 (mean)        Std. Dev.          Min              Max
             Male, LFPR (%), ages 50–54                92.00            2.97            87.53           96.83
             Male, LFPR (%), ages 55–59                88.26            3.91            77.57           94.47
             Male, LFPR (%), ages 60–64                73.61           12.82            27.04           88.93
             Male, LFPR (%), ages 65+                  43.61           15.07            12.74           65.50
             GDP per capita                           9937.99         5762.90         1111.71         25384.04
             Gini Index                                49.63            4.07            44.49           55.91
             Percentage urban (%)                      71.08           14.91            48.80           94.00
             Pop. age 65+ (%)                           6.62            2.27             4.31           13.77
             Pop. age 15–64 (%)                        63.52            3.80            54.19           70.64
             Life expectancy                           73.43            3.95            61.80           70.65
             Years of schooling                         7.76            1.50             4.10            9.70
            Note: GDP per capita is measured in purchasing power parity (PPP), 2010 US$.
            Sources: International Labor Organization (ILOSTAT, 2016), World Bank Development Data (World Bank, 2016), and World Population Prospects:
            The 2015 Revision (United Nations, 2015)
                                       in four income levels, poorer countries have much higher participation rates over time
                                       than wealthier countries. For example, the participation rates for males aged 55–59
                                       was about 91% in low income countries compared to 85% in wealthier countries; the
                                       corresponding figures were 83% and 70% for males aged 60–64 (results not shown).

                                       3.4.2  Statistical Modeling— GDP Per Capita Model
                                       Panel A in Table 5 reports the relation between GDP per capita (natural log) and the
                                       male labor force participation rates for four age groups using the pooled data without
                                       distinguishing the country-specific effect and Panel B reports the results using the

            Table 5.  Linear coefficients of male labor force participation rates, estimates of income level effect, Latin America
            (countries were pooled), 1990–2010
             Variable      Panel A: without country-fixed effect     Panel B: with country-fix effect
             Ages          50–55     55–60      60–65      65+       50–55      55–60     60–65     65+
             Intercept     99.77***  109.94***  120.52***  158.44***  91.15***  74.79***  55.37***  75.44***


             GDP Per Capita  -0.87 ***    -2.64***    -5.52***  -13.19***   1.16*    1.43    2.04   -3.55***
             (ln)
              2
             R              0.051       0.126      0.077      0.350   0.051       0.126     0.077     0.350
            Notes: GDP per capita is measured in purchasing power parity (PPP), 2010 US$. Labor force participation rate is measured in percentage.
            * p < 0.1, ** p < 0.05, *** p < 0.01
            International Journal of Population Studies   2017, Volume 3, Issue 1                            131
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