| Issue |
SHS Web Conf.
Volume 179, 2023
2023 6th International Conference on Humanities Education and Social Sciences (ICHESS 2023)
|
|
|---|---|---|
| Article Number | 04016 | |
| Number of page(s) | 4 | |
| Section | Community Management and Public Affairs Service | |
| DOI | https://doi.org/10.1051/shsconf/202317904016 | |
| Published online | 14 December 2023 | |
Has aging reduced the impact of consumption on GDP? ——Empirical Testing Based on Threshold Regression
1 School of Finance and Taxation, Jilin Technology and Business University, Jiutai, Changchun, China
2 School of Management, Changchun University, Nanguan, Changchun, China
3 School of Economics, Jilin University of Finance and Economics, Jingyue, Changchun, China
a* Corresponding author: shuiwu2014@163.com
b zhaominhui1989@163.com
Based on the threshold regression model, from the perspective of per capita consumption, this paper explores whether the degree of aging reduces the driving effect of consumption on China's GDP, and examines the impact of consumption structure on GDP. It is found that per capita consumption has a positive effect on regional GDP, and aging plays a threshold role in the impact. As the aging worsens, the driving effect of per capita consumption on GDP begins to strengthen, and the impact of the aging dependency ratio is the largest when it is between 10.44 and 13.10. The impact of per capita health consumption is not significant, and the per capita consumption of education, culture and entertainment has a restraining effect on GDP. Finally, this paper puts forward relevant suggestions based on the above conclusions.
© The Authors, published by EDP Sciences, 2023
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