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Aging, financial coverage, and agricultural economic resilience: Nonlinear dynamics and thresholds

Author

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  • Han, Peng
  • Liu, Hanfeng
  • Chen, Yuhe

Abstract

This paper assesses the impact of population aging on the risk resilience (RES) of the agricultural economy using panel data from 31 Chinese provinces from 2007 to 2023. Then, it discusses the effect of population aging on the RES of the agricultural economy using the Solow model, two-way fixed effects, and threshold effects. The moderating effect of financial coverage can effectively mitigate the negative impact of population aging on the resilience of the agricultural economy. These results can further explain the relationship between population aging and the agricultural economy and provide some references.

Suggested Citation

  • Han, Peng & Liu, Hanfeng & Chen, Yuhe, 2025. "Aging, financial coverage, and agricultural economic resilience: Nonlinear dynamics and thresholds," Finance Research Letters, Elsevier, vol. 82(C).
  • Handle: RePEc:eee:finlet:v:82:y:2025:i:c:s1544612325007779
    DOI: 10.1016/j.frl.2025.107518
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    References listed on IDEAS

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    1. Danhong Shen & Haimeng Liang & Wangfang Shi, 2023. "Rural Population Aging, Capital Deepening, and Agricultural Labor Productivity," Sustainability, MDPI, vol. 15(10), pages 1-12, May.
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