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Policy attention and tourism consumption inequality: Evidence from elderly households in China

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  • Zhang, Tao
  • Han, Liangliang
  • Ye, Ziqi

Abstract

Wellness tourism has become a strategic policy lever for promoting equitable consumption among older adults. Using textual analysis of government work reports and household panel data from the China Family Panel Studies, this study examines whether local government attention to wellness tourism reduces tourism consumption inequality among elderly households. The results show a significant negative relationship between policy attention and the Kakwani index of tourism spending. Mechanism analysis highlights the roles of senior-friendly infrastructure provision, enhanced institutional trust through policy signaling, and improved digital access that lowers information and transaction costs. The inequality-reducing effects are more pronounced among the younger-old and older adults in poorer health, while significant spending responses are concentrated among higher-income and insured households.

Suggested Citation

  • Zhang, Tao & Han, Liangliang & Ye, Ziqi, 2026. "Policy attention and tourism consumption inequality: Evidence from elderly households in China," Finance Research Letters, Elsevier, vol. 103(C).
    • Handle: RePEc:eee:finlet:v:103:y:2026:i:c:s1544612326006872
    DOI: 10.1016/j.frl.2026.110159
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