Consumption of Sports Equipment and Residents'Health Expenditures:An Empirical Analysis Based on the Two-way Fixed Effects Model
Using provincial panel data from 2002 to 2022 in China,this paper constructs a two-way fixed effects model to quantita-tively analyze the influence of sports equipment consumption on residents'healthcare expenditures.The study reveals the following findings:1)Increased consumption of sports equipment significantly reduces residents'healthcare expenditures.Specifically,a one-u-nit increase in consumption of sports equipment decreases per capita healthcare expenditure by approximately 29.18 yuan.2)Popula-tion aging significantly increases regional residents'healthcare expenditures.However,in regions with a higher proportion of elderly population,the effect of consumption of sports equipment in reducing healthcare expenditures is more pronounced.Thus,increased consumption of sports equipment effectively alleviates the healthcare burden caused by population aging.3)The impact of sports e-quipment consumption on residents'healthcare expenditures exhibits heterogeneity across different provinces.In provinces with higher per capita income,better environmental quality,and richer medical resources,the effect of sports equipment consumption in reducing healthcare expenditures is more pronounced.Therefore,promoting the consumption of sports equipment to reduce residents'healthcare expenditures is an effective approach to improving national physical fitness,realizing the"Healthy China"strategy,and ensuring the sustainable development of the healthcare system.
consumption of sports equipmentresidents'health expenditurestwo-way fixed effects model
万方数据
