The Impact of Local Fiscal General Budget Expenditure on the Silver Economy and China’s Regional Economic Growth

This study investigates the impact of the silver economy on China’s economic growth. As an aging society has taken shape, the silver economy has emerged as a critical driver of economic development. Employing panel data from 2013 to 2023 across China, this study constructs a regression analytical framework to quantify the relationship between the silver economy and the country’s economic growth. The results demonstrate a positive correlation between the silver economy and China’s economic growth, with government investment exerting a moderating effect that reinforces this relationship. Robustness tests confirm the reliability and validity of the empirical findings. This study effectively integrates diverse theoretical and empirical perspectives, thereby achieving a comprehensive quantification of the silver economy’s regional economic impact in China.