The Effects of Population Aging on Sports Industry Development: The Mediating Effect of Technological Innovation

Xiaolong Wei, Tao Wang, Yang Chen, Oleksii Lyulyov and Tetyana Pimonenko ()
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Xiaolong Wei: School of Sports Science, Fujian Normal University, Fuzhou 350117, China
Tao Wang: School of Sports Science, Fujian Normal University, Fuzhou 350117, China
Yang Chen: School of Economics, Fujian Normal University, Fuzhou 350117, China
Tetyana Pimonenko: Department of Management, Faculty of Applied Sciences, WSB University, 41-300 Dabrowa Gornicza, Poland

IJERPH, 2023, vol. 20, issue 3, 1-13

Abstract: It is of great practical significance to rationally formulate a development strategy for the sports industry to deeply understand and comprehensively grasp the impact of population aging on the development of the sports industry. To study the impact of population aging on the development of the sports industry, panel data at the provincial level in China from 2014 to 2020 are selected, and a mediation effect model is established to test how the aging of the population affects the development of the sports industry through technological innovation. The results show that technological innovation can explain 59.87% of the impact of population aging on the development of the sports industry without considering the control variables, and the impact of population aging on labor productivity through technological innovation is positive. Under the condition of considering the control variables, technological innovation can explain 56.74% of the impact of population aging on the development of the sports industry, and the impact of population aging on the development of the sports industry through technological innovation is positive. The proportion of the population aged 65 and above in the total population was used as a proxy variable for population aging to test the robustness test, and the impact of technological innovation on the development of the sports industry was positive without considering the control variables. In the robustness test considering the control variables, the impact of technological innovation on the development of the sports industry is positive.

Keywords: income inequality; education; aging population; sports industry; technological innovation (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2023
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