Earticle

초록

영어

As high-quality economic and social development progresses continuously and the average life expectancy steadily rises, China has entered a phase of profound aging, significantly intensifying the pressure on pension services. While improving the quality of elderly care services, ensuring universal accessibility for all senior citizens has emerged as a pressing practical challenge confronting governments at all levels. Leveraging advanced financial technology, digital inclusive finance bridges the digital divide, lowers financial barriers, and dismantles information silos, thereby aligning financial services more closely with the practical needs of the elderly and providing robust support for inclusive elderly care. This paper theoretically analyzes the mechanism and functioning pathways of digital inclusive finance that influence inclusive elderly care. To empirically validate the theoretical framework, micro-level survey data from five prefecture-level cities in Zhejiang Province were collected using a multi-stage sampling approach, and an ordered Probit model was employed for the analysis. The results reveal that digital inclusive finance positively enhances inclusive elderly care. Willingness to invest and finance, financial support, and financial accessibility emerge as three key mechanisms. Financial literacy plays a significant positive moderating role, whereas the digital divide exhibits a notable negative moderating effect. Digital financial inclusion exerts a more substantial favourable influence on inclusive elderly care for urban residents than rural residents, and its positive impact is more significant for residents in regions with higher economic development levels than those in less developed areas. Additionally, digital inclusive finance exerts a positive influence on the transformation of elderly care concepts, the enhancement of residents' consumption levels, and the improvement of family resilience. Finally, this paper puts forward five policy inspirations: Firstly, to encourage the advancement of digital inclusive finance to foster a more comprehensive development of inclusive elderly care; Secondly, to strengthen guidance on investment and wealth management to bolster financial support for pension plans; Thirdly, to overcome barriers posed by the digital divide and enhance the accessibility of financial services; Fourthly, to augment policy backing and fortify the efficacy of financial oversight to guarantee the enduring and robust advancement of digital inclusive finance within the framework of inclusive elderly care; Lastly, to refine the pension security system to achieve diversification in elderly care services.

목차

Abstract
1. Introduction
2. Research Hypothesis
3. Data Sources and Econometric Model
3.1 Data Sources
3.2 Variable Selection
3.3 Econometric Model
4. Empirical Analysis of the Effect of Digital Inclusive Finance on Inclusive Elderly Care
4.1 Basic Effect Analysis
4.2 Mechanism analysis
4.3 Moderating Effect Analysis
4.4 Heterogeneity Analysis
4.5 Robustness Test
5. Further Research
5.1 Variable Selection
5.2 Results Analysis
6. Conclusions and Inspirations
References

키워드

저자

• Shen, Qiyue [ School of Economics and Management, Zhejiang Normal University, China ] Corresponding Author
• Xu, Shanshan [ School of Economics and Management, Zhejiang Normal University, China ]
• Zhu, He [ School of Computer Science and Technology, Zhejiang Normal University, China ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  Journal of China Studies

• 간기

  계간

• pISSN

  1975-5902

• eISSN

  3022-5590

• 수록기간

  2006~2026

• 등재여부

  KCI 등재

• 십진분류

  KDC 912 DDC 951