Rural Industries and Mutual-Support Eldercare Among the Rural Elderly: Mechanisms and Empirical Analysis

DAI Feng; LV Lizhan

Volume 40 Issue 4

Jul. 2025

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DAI Feng, LV Lizhan. Rural Industries and Mutual-Support Eldercare Among the Rural Elderly: Mechanisms and Empirical Analysis[J]. Journal of Guangdong University of Finance & Economics, 2025, 40(4): 92-111.

Citation:

DAI Feng, LV Lizhan. Rural Industries and Mutual-Support Eldercare Among the Rural Elderly: Mechanisms and Empirical Analysis[J]. Journal of Guangdong University of Finance & Economics, 2025, 40(4): 92-111.

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Rural Industries and Mutual-Support Eldercare Among the Rural Elderly: Mechanisms and Empirical Analysis

DAI Feng,
LV Lizhan

School of Economics and Management, Nanjing Forestry University, Nanjing 210037, China

Received Date: 2025-04-21
Available Online: 2025-09-09
Publish Date: 2025-07-28

Abstract

Abstract

Rural revitalization is an inherent requirement of Chinese-style modernization, as it advances farmers' welfare. Presently, China faces rapidly worsening rural population aging and insufficient old-age resources, making the promotion of mutual-support eldercare in villages an urgent task. Drawing on 2022 China Land and Economy Survey (CLES) data and employing econometric methods, it is found that rural industries are a key determinant of older villagers' willingness to join mutual-support eldercare. By raising satisfaction with village governance, cultivating local entrepreneurs in agri-business, and attracting eldercare resources, rural industries make older residents more inclined to choose mutual support. Further analysis shows that higher pensions or retirement benefits as external economic reinforcements strengthen the positive effect of rural industries on this willingness. To prevent this effect from eroding, a supportive social ecology for older villagers must also be built. From the perspective of individual integration, improvements in older villagers' economic/financial and cultural literacy can amplify the effect, especially among those with positive emotions. The findings offer a new endogenous-growth approach for villages to foster older residents' willingness to engage in mutual-support eldercare and clarify the critical role of rural industries in easing rural resource constraints.
- rural industries,
- rural governance,
- mutual-support eldercare,
- entrepreneur in agri-business,
- eldercare resources

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References(40)

References

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