Digital Government Development and Consumption in Middle-aged and Elderly Households

YI Xingjian; LI Qingyuan; YANG Biyun

Volume 40 Issue 1

Jan. 2025

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YI Xingjian, LI Qingyuan, YANG Biyun. Digital Government Development and Consumption in Middle-aged and Elderly Households[J]. Journal of Guangdong University of Finance & Economics, 2025, 40(1): 4-17.

Citation:

YI Xingjian, LI Qingyuan, YANG Biyun. Digital Government Development and Consumption in Middle-aged and Elderly Households[J]. Journal of Guangdong University of Finance & Economics, 2025, 40(1): 4-17.

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Digital Government Development and Consumption in Middle-aged and Elderly Households

School of Finance, Guangdong University of Foreign Studies, Guangzhou 510006, China

Received Date: 2024-11-18
Available Online: 2025-03-01
Publish Date: 2025-01-28

Abstract

Abstract

With the serious population aging, the consumption of the middle-aged and elderly households has become increasingly important. Can the digital government, as a key initiative to modernize China's system and capacity for governance promote consumption in middle-aged and elderly households? This study empirically examines this question based on the Digital Government Index and data from the China Household Finance Survey (CHFS). The findings indicate that the building of a digital government significantly enhances the consumption of middle-aged and elderly households, mainly through three mechanisms: increasing household income, alleviating precautionary savings pressure, and easing liquidity constraints. Heterogeneity analysis indicates that the building of a digital government has a more pronounced effect on improving consumption levels among the rural low-income and middle-income households, and the families with middle-aged male householders. This study provides empirical evidence on the importance of building a digital government in promoting consumption and enhancing social welfare.
- digital government,
- pension finance,
- household consumption,
- precautionary savings

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References(36)

References

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