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Rural Population Aging, Capital Deepening, and Agricultural Labor Productivity

Danhong Shen, Haimeng Liang () and Wangfang Shi
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Danhong Shen: School of Economics and Management, North University of China, Taiyuan 030051, China
Haimeng Liang: School of Economics and Management, North University of China, Taiyuan 030051, China
Wangfang Shi: School of Economics and Management, North University of China, Taiyuan 030051, China

Sustainability, 2023, vol. 15, issue 10, 1-12

Abstract: Whether the aging of rural population will affect the high-quality development of China’s agriculture is an important issue facing the construction of China’s characteristic modern agriculture. Using panel data from 30 provinces in China from 1999 to 2020, this paper used fixed effects models and mediation models for econometric regressions to explore the relationship between rural population aging and agricultural development, as well as the intermediate mechanisms involved. The study found that there was a positive relationship between rural population aging and agricultural labor productivity, and aging can stimulate agricultural development. Mechanism analysis revealed that rural population aging can promote the adjustment of the structure of agricultural factors, drive the deepening accumulation of capital and other factors, promote the modernization of agricultural production methods, and ultimately achieve an increase in agricultural labor productivity. Further examination showed that the positive relationship between rural population aging and agricultural productivity gradually weakened as the degree of rural population aging deepened. The study provides empirical evidence for sustainable agricultural development in the context of population aging.

Keywords: aging; agricultural development; capital deepening; agricultural labor productivity (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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