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Correlation between the growth of the Chinese aging rate and socioeconomic factors / Zhou Xiaoang and Doris Padmini Selvaratnam

This study examines the impact of various socioeconomic factors on population aging in China over the period 1978-2019. An ordinary least square regression model is utilized to analyze the relationship between aging rates and socioeconomic variables such as GDP, CPI, urbanization rate, unemployment...

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Main Authors: Zhou, Xiaoang, Selvaratnam, Doris Padmini
Format: Article
Published: Universiti Teknologi MARA, Cawangan Melaka 2023
Subjects:
HM Sociology
Online Access:https://ir.uitm.edu.my/id/eprint/89966/
https://myjms.mohe.gov.my/index.php/AJoBSS/
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spelling my.uitm.ir.899662024-03-19T07:11:39Z https://ir.uitm.edu.my/id/eprint/89966/ Correlation between the growth of the Chinese aging rate and socioeconomic factors / Zhou Xiaoang and Doris Padmini Selvaratnam ajobss Zhou, Xiaoang Selvaratnam, Doris Padmini HM Sociology This study examines the impact of various socioeconomic factors on population aging in China over the period 1978-2019. An ordinary least square regression model is utilized to analyze the relationship between aging rates and socioeconomic variables such as GDP, CPI, urbanization rate, unemployment rate, and family planning policy. The findings reveal positive correlations between GDP, CPI, urbanization rate, and family planning policy with China's aging rate. Consequently, effective strategies to address population aging should prioritize the quality of economic development through structural reforms, prudent fiscal and monetary policies, and bolstered support for social welfare programs. Targeted adjustments to current family planning policies are crucial in stimulating higher birth rates and supporting larger families. Moreover, refocusing development efforts on small and medium-sized cities and rural areas will help address the implications of rapid urbanization on the pace of aging. This study enhances the understanding of socioeconomic factors impacting the aging rate in China, offering valuable insights to policymakers in formulating more effective strategies. By considering the diverse socioeconomic aspects, policymakers can better prepare for and respond to the challenges presented by population aging. Universiti Teknologi MARA, Cawangan Melaka 2023 Article NonPeerReviewed Correlation between the growth of the Chinese aging rate and socioeconomic factors / Zhou Xiaoang and Doris Padmini Selvaratnam. (2023) Academic Journal of Business and Social Sciences (AJoBSS) <https://ir.uitm.edu.my/view/publication/Academic_Journal_of_Business_and_Social_Sciences_=28AJoBSS=29/>, 7 (1). pp. 1-15. ISSN 2590-440X (Submitted) https://myjms.mohe.gov.my/index.php/AJoBSS/
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
topic HM Sociology
spellingShingle HM Sociology
Zhou, Xiaoang
Selvaratnam, Doris Padmini
Correlation between the growth of the Chinese aging rate and socioeconomic factors / Zhou Xiaoang and Doris Padmini Selvaratnam
description This study examines the impact of various socioeconomic factors on population aging in China over the period 1978-2019. An ordinary least square regression model is utilized to analyze the relationship between aging rates and socioeconomic variables such as GDP, CPI, urbanization rate, unemployment rate, and family planning policy. The findings reveal positive correlations between GDP, CPI, urbanization rate, and family planning policy with China's aging rate. Consequently, effective strategies to address population aging should prioritize the quality of economic development through structural reforms, prudent fiscal and monetary policies, and bolstered support for social welfare programs. Targeted adjustments to current family planning policies are crucial in stimulating higher birth rates and supporting larger families. Moreover, refocusing development efforts on small and medium-sized cities and rural areas will help address the implications of rapid urbanization on the pace of aging. This study enhances the understanding of socioeconomic factors impacting the aging rate in China, offering valuable insights to policymakers in formulating more effective strategies. By considering the diverse socioeconomic aspects, policymakers can better prepare for and respond to the challenges presented by population aging.
format Article
author Zhou, Xiaoang
Selvaratnam, Doris Padmini
author_facet Zhou, Xiaoang
Selvaratnam, Doris Padmini
author_sort Zhou, Xiaoang
title Correlation between the growth of the Chinese aging rate and socioeconomic factors / Zhou Xiaoang and Doris Padmini Selvaratnam
title_short Correlation between the growth of the Chinese aging rate and socioeconomic factors / Zhou Xiaoang and Doris Padmini Selvaratnam
title_full Correlation between the growth of the Chinese aging rate and socioeconomic factors / Zhou Xiaoang and Doris Padmini Selvaratnam
title_fullStr Correlation between the growth of the Chinese aging rate and socioeconomic factors / Zhou Xiaoang and Doris Padmini Selvaratnam
title_full_unstemmed Correlation between the growth of the Chinese aging rate and socioeconomic factors / Zhou Xiaoang and Doris Padmini Selvaratnam
title_sort correlation between the growth of the chinese aging rate and socioeconomic factors / zhou xiaoang and doris padmini selvaratnam
publisher Universiti Teknologi MARA, Cawangan Melaka
publishDate 2023
url https://ir.uitm.edu.my/id/eprint/89966/
https://myjms.mohe.gov.my/index.php/AJoBSS/
_version_ 1794641284942528512
score 13.211869

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