The Population Aging and Industrial Automatization of Manufacturing:An Empirical Analysis Based on China's Provincial Panel Data from 2007-2019
Population aging has become a major concern of the whole society.Whether it can promote the industrial automatization level of manufacturing is worth studying.Based on the provincial panel data from 2007-2019,this study examines the relationship between population aging and industrial automatization of manufacturing.The result shows that population aging can promote the improvement of manufacturing automatization level,while human capital level plays an intermediary role in it.The study indicates that the influence of population aging on the economy is not entirely negative.Government should correctly understand the current situation of population aging in China and design proper policies such as cultivating automatization talents so that the positive impact of population aging can be enhanced and the manufacturing industry can be more intelligent and high-end oriented.
population agingindustrial automatizationmanufacturinghuman capital level