Impact of demographic age structure on energy consumption structure: Evidence from population aging in mainland China

Zhibao Wang, Lijie Wei, Xiaoping Zhang and Guangzhi Qi

Energy, 2023, vol. 273, issue C

Abstract: Since the 21st century, the global population aging has been deepening, profoundly affecting regional socio-economy. To investigate the impact of demographic age structure on energy consumption structure, this paper explores the impact of population aging on energy consumption structure in mainland China by a multivariate panel regression model. The total energy consumption is increasing year by year in mainland China, with a fluctuating lower growth rate and obvious regional heterogeneity. The high-value total energy consumption zones are concentrated in China's eastern region, dominated by Shandong, etc. Meanwhile, energy consumption structure in mainland China has evolved with a decreasing share of coal consumption. Among them, the share of natural gas consumption is still at a low level, while which of petroleum consumption shows diversity. Population aging has a significant positive correlation with energy consumption structure at the national level, and a negative effect in the medium-value coal consumption zones at the provincial level. Additionally, GDP, the share of secondary industry and energy price are also important. Based on the above findings, some suggestions for optimizing pension service system, adjusting energy consumption structure and economizing fossil energy are proposed.

Keywords: Demographic age structure; Energy consumption structure; Population aging; Mainland China (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:273:y:2023:i:c:s0360544223006205

DOI: 10.1016/j.energy.2023.127226

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