Population Aging, FDI and Financial Development: A Threshold Model Analysis
 based on Interprovincial Panel Data in China

Abstract

Abstract: The demographic dividend is waning with the deepening of population aging in China; especially in the case of uneven regional financial development, the relationship between population aging and FDI inflows becomes more subtle. Based on the mechanism that aging population and financial development affected FDI inflows, the paper uses panel threshold model and the interprovincial panel data from 2000 to 2014 in China to analyze the relationship between population aging and FDI inflows under the influence of financial development. The results show that population aging has significantly inhibitory effect on FDI inflows, which is different due to financial development and regions, but the aging population is nonlinearly negatively related to FDI inflows. Therefore, we should timely adjust population development strategy, improve labor productivity and deepen financial market reform in order to deal with China′s population aging and attract more FDI inflows.

Key words: population aging, financial development, FDI, Panel Threshold Model

CHEN Ji-yong1, JIANG Yan-ping2, WANG Bao-shuang2. Population Aging, FDI and Financial Development: A Threshold Model Analysis based on Interprovincial Panel Data in China[J]. 商业研究.

References

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Population Aging, FDI and Financial Development: A Threshold Model Analysis based on Interprovincial Panel Data in China

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