Study on the Impact of Population Aging on Regional Economic Growth: A Case Study of Beijing-Tianjin-Hebei

Abstract

The impact of population aging on regional economic growth is an important issue to improve the quality of economic development and avoid economic risks. A case study of BeijingTianjin-Hebei region shows that there is a large proportion of the elderly population in Beijing-TianjinHebei region and a large regional disparity in population aging. Through the establishment of a double-panel variable coefficient fixed effect model and panel co-integration test, it is found that there is a long-term and stable equilibrium relationship between population aging and regional economic growth. Whether or not there is a time effect, the aging of the population has a positive effect on the economic growth of Beijing and Tianjin, and has a negative impact on the economic growth of Hebei Province.