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Industrial structure upgrading, population aging and migration: An empirical study based on Chinese provincial panel
Dan Ma1, Kai Zhou2, Jingwen Xu1
1School of Finance and Economics, Wuxi Institute of Technology, Wuxi, Jiangsu, China.
Plos One
|October 12, 2023
Summary
China's aging population hinders industrial upgrading, but population migration can moderate this effect. Orderly migration is key for sustainable industrial development amid demographic shifts.
Area of Science:
- Social Sciences
- Economics
- Demography
Background:
- Population aging and migration are key drivers of social development in China.
- These demographic shifts significantly influence industrial structure upgrading.
- Understanding their interplay is crucial for economic policy.
Purpose of the Study:
- To investigate the moderating effect of population migration on the impact of population aging on industrial structure upgrading in China.
- To analyze the relationship using provincial panel data from 2000 to 2021.
Main Methods:
- Utilized Chinese provincial panel data spanning from 2000 to 2021.
- Employed econometric analysis to examine the moderating role of population migration.
Main Results:
- Confirmed that population aging significantly hinders industrial structure upgrading in China.
- Demonstrated that population migration exerts a meaningful moderating effect on this relationship.
- Economic factor diffusion and convergence driven by migration play a role.
Conclusions:
- Population migration acts as a crucial moderator in the relationship between population aging and industrial structure upgrading.
- Strategic and orderly population migration policies are essential for stable and sustainable industrial upgrading in aging societies.
- This research provides insights for navigating demographic challenges in China's economic development.
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