IDEAS home Printed from https://ideas.repec.org/a/eee/reveco/v103y2025ics1059056025004812.html
   My bibliography  Save this article

Population aging, digital financial inclusion, development strategies and economic resilience

Author

Listed:
  • Cai, Dongsong
  • Long, Ling
  • Cai, Wanhuan
  • Wang, Xin

Abstract

As China enters a deeply aging society, China's demographic development has come to an unprecedented stage of great transition, which also has an impact on economic resilience. Based on the perspective of new structural economics, the relationship between population aging and economic resilience is explored. Meanwhile, empirical tests using provincial panel data find that, firstly, there is a positive effect of population aging on economic resilience, i.e., population aging is conducive to the enhancement of economic resilience. Secondly, under the regulation of the stage of economic development, the impact of population aging on economic resilience has a positive “U”-shaped relationship that declines first and then rises, and at present, China is dominated by the positive income effect; Thirdly, there is heterogeneity in the impact of population aging on economic resilience, and population aging is more conducive to promoting the economic resilience of the regions with a higher degree of economic development. Fourth, digital financial inclusion has a positive moderating effect on the impact of population aging on economic resilience, and development strategy has a negative moderating effect on the impact of population aging on economic resilience. Based on this, it is necessary to actively develop human resources for the elderly, strengthen the supporting role of digital inclusive finance, and optimize the regulatory direction of the development strategy, to promote the synergistic development of population aging and economic resilience in the three aspects of the government, enterprises and society.

Suggested Citation

  • Cai, Dongsong & Long, Ling & Cai, Wanhuan & Wang, Xin, 2025. "Population aging, digital financial inclusion, development strategies and economic resilience," International Review of Economics & Finance, Elsevier, vol. 103(C).
    • Handle: RePEc:eee:reveco:v:103:y:2025:i:c:s1059056025004812
    DOI: 10.1016/j.iref.2025.104318
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1059056025004812
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.iref.2025.104318?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reveco:v:103:y:2025:i:c:s1059056025004812. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620165 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.