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Academic Journal of Business & Management, 2022, 4(6); doi: 10.25236/AJBM.2022.040618.

Research on the impact of population aging on the development of digital economy


Jiaqi Zhang, Youxue He

Corresponding Author:
Youxue He

School of Economics, Guangxi University, Nanning, China


Under the background of aging and rapid development of digital economy in China, the academic circles pay little attention to the aging of population and the development of digital economy. Based on the panel data of 30 provinces in China from 2013 to 2020, this paper empirically analyzes the impact of population aging on the development of digital economy through a fixed effect model. It is found that population aging can significantly promote the development of digital economy, and it still has a significant impact after the test of instrumental variables. Mechanism test shows that population aging mainly improves the development of digital economy by improving the level of scientific and technological innovation. The adjustment effect shows that the level of human capital will strengthen the role of population aging in promoting the digital economy. Heterogeneity analysis shows that the role of population aging in promoting digital economy is stronger in the central and western regions than in the eastern regions.


Population ageing, Digital economy, Intermediary effect

Cite This Paper

Jiaqi Zhang, Youxue He. Research on the impact of population aging on the development of digital economy. Academic Journal of Business & Management (2022) Vol. 4, Issue 6: 107-115. https://doi.org/10.25236/AJBM.2022.040618.


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