Does Population Aging Impact China’s Economic Growth?

Qiuxing Chen, Qiaozhu Chi, Yang Chen, Oleksii Lyulyov and Tetyana Pimonenko ()
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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
Tetyana Pimonenko: Department of Marketing, Sumy State University, 40007 Sumy, Ukraine

IJERPH, 2022, vol. 19, issue 19, 1-15

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.

Keywords: population aging; endowment insurance expenditure; medical and health care expenditure; economic growth (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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