Mechanisms and pathways for promoting the development of the elderly care industry through the digital economy

Zenan Hou and Yanyan Li

International Review of Economics & Finance, 2025, vol. 103, issue C

Abstract: This study utilizes panel data from 31 provincial-level administrative regions in China spanning 2010 to 2023 and constructs a two-way fixed effects regression framework to systematically examine the pathways through which the development of the digital economy influences the elderly care industry. The econometric analysis results indicate: first, the digital economy significantly promotes the development of regional elderly care industries; second, the urban-rural income disparity plays an important moderating role in the linkage mechanism between the digital economy and the development of the elderly care industry; third, the driving effect of the digital economy on the elderly care industry exhibits notable regional heterogeneity; fourth, the stimulating effect of the digital economy on the elderly care industry has threshold characteristics, varying with the level of population aging in the region.

Keywords: Digital economy; Elderly care industry; Urban-rural income gap (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:103:y:2025:i:c:s1059056025007087

DOI: 10.1016/j.iref.2025.104545

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