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Does Population Aging Impact China’s Economic Growth?

Author

Listed:
  • Qiuxing Chen

    (School of Economics, Fujian Normal University, Fuzhou 350117, China)

  • Qiaozhu Chi

    (School of Finance and Accounting, Fujian Business University, Fuzhou 350500, China)

  • Yang Chen

    (School of Economics, Fujian Normal University, Fuzhou 350117, China)

  • Oleksii Lyulyov

    (Department of Marketing, Sumy State University, 40007 Sumy, Ukraine)

  • Tetyana Pimonenko

    (Department of Marketing, Sumy State University, 40007 Sumy, Ukraine)

Abstract

The rapid aging of the population presents great challenges in terms of China’s social security expenditure and economic growth. This paper uses the entropy method to comprehensively measure the provincial population aging index in 2008–2019 and constructs an intermediary effect model with it as the core explanatory variable. The results show that the population aging has a significant positive impact on economic growth and on the promotion of the economic growth of more developed areas; it also has a positive impact on the endowment insurance expenditure and medical and health expenditure and on the promotion of economically backward areas. Endowment spending and health spending fully mediate the relationship between population aging and economic growth.

Suggested Citation

  • Qiuxing Chen & Qiaozhu Chi & Yang Chen & Oleksii Lyulyov & Tetyana Pimonenko, 2022. "Does Population Aging Impact China’s Economic Growth?," IJERPH, MDPI, vol. 19(19), pages 1-15, September.
    • Handle: RePEc:gam:jijerp:v:19:y:2022:i:19:p:12171-:d:925183
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    References listed on IDEAS

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    4. Alfons Palangkaraya & Jongsay Yong, 2009. "Population ageing and its implications on aggregate health care demand: empirical evidence from 22 OECD countries," International Journal of Health Economics and Management, Springer, vol. 9(4), pages 391-402, December.
    5. Nataliya Dalevska & Nataliya Dalevska & Valentyna Khobta & Valentyna Khobta & Aleksy Kwilinski & Aleksy Kwilinski & Sergey Kravchenko & Sergey Kravchenko, 2019. "A model for estimating social and economic indicators of sustainable development," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1839-1860, June.
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    Cited by:

    1. Xiao, Fenghua & Wang, Jinbo & Li, Huijun & Yang, Juan, 2024. "Population aging and corporate human capital restructuring," Finance Research Letters, Elsevier, vol. 67(PA).

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