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JACIII Vol.23 No.6 pp. 971-979
doi: 10.20965/jaciii.2019.p0971
(2019)

Paper:

Interaction Between Population Aging and Technological Innovation: A Chinese Case Study

Xiang Li* and Xindong Zhao**,†

*School of Economics and Finance, Huaqiao University
No. 269, Chenghua North Road, Fengze District, Quanzhou, Fujian 362021, China

**Institute of Quantitative Economics, Huaqiao University
No. 668, Jimei Avenue, Jimei District, Xiamen, Fujian 361021, China

Corresponding author

Received:
October 24, 2018
Accepted:
January 11, 2019
Published:
November 20, 2019
Keywords:
old-age dependency ratio, child-raising ratio, total factor productivity, one-way causality measure
Abstract
Interaction Between Population Aging and Technological Innovation: A Chinese Case Study

The unidirectional spectral distribution

Based on the method of unidirectional causality measure, this paper analyzes the long-term and short-term dynamic effects and causality between China’s population aging and technological innovation. According to the empirical results, first, the aging of the population will eventually have a continuous long-term impact, although it has little effect on the technology innovation in the short term. Second, when compared with the old-age dependency ratio, the child-raising ratio has a remarkable unidirectional causal effect on the technological innovation in the short term. Third, when compared with the old-age dependency ratio, the total dependency ratio has a stronger impact on the scientific and technological innovation ability, which is a long-term effect. The finding indicates that the elderly population and the children’s population have a continuous impact on China’s scientific and technological innovation, that is, the increase in social support burden affects the technological innovation for a long time.

Cite this article as:
X. Li and X. Zhao, “Interaction Between Population Aging and Technological Innovation: A Chinese Case Study,” J. Adv. Comput. Intell. Intell. Inform., Vol.23, No.6, pp. 971-979, 2019.
Data files:
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Last updated on Jul. 01, 2020