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    Healthcare Consumption among Chinese Residents: Total Expenditure and Inequality — An Analysis from the Income Sources Perspective
    Tao Chun-hai, Leng Wen-jie, Wu Shi-mei
    Journal of Jiangxi University of Finance and Economics    2026, 0 (2): 60-72.  
    Abstract86)            Save
    Exploring the relationship between residents'healthcare consumption, inequality, and income from different sources from the perspective of income sources is of great practical significance for the implementation of the“Healthy China”strategy. Based on the theory of psychological accounts, this study examines the impact of different income sources on healthcare consumption and inequality among Chinese residents. Research has found that the residents'transfer income and property income have a greater impact on healthcare consumption than their operating income and wage income. The type of work and education level of residents have a moderating effect on their marginal propensity to consume healthcare. In addition, whether the residents'transfer income includes social donations, and whether their property income includes financial investment returns, also have heterogeneous effects on their marginal propensity to consume healthcare. Medical expenses mainly manifest as the depreciation effect of health capital, while healthcare expenses mainly manifest as the income wealth effect. All types of income contribute to narrowing the inequality in healthcare consumption, but the level of inequality within urban residents is still higher than that among rural residents. The government should dynamically adjust the transfer payment standards based on the heterogeneity of income sources and guide the allocation of health financial assets. At the same time, by improving health literacy and optimizing the layout of medical resources, the gap between urban and rural areas should be precisely narrowed to promote consumption equality.
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    Can Smart and Healthy Elderly Care Products Make Seniors “Feel Younger”? Evidences from the Longitudinal Survey of the Aging Society
    Zhang Shuo, Zhao Ming, Hu Hao-yu
    Journal of Jiangxi University of Finance and Economics    2026, 0 (1): 75-87.  
    Abstract97)            Save
    Against the backdrop of deep integration between digital intelligence and aging, promoting the high-quality development of smart and healthy elderly care products is a crucial measure to achieve the digital transformation of elderly care, foster the silver economy, and enhance the quality of life for the elderly. Based on the three phases of panel data from the China Aging Social Tracking Survey (2018-2023), this study empirically examines the impact of smart and healthy elderly care products on older adults' aging age identity. The findings reveal that such products can significantly improve the aging age identity among the elderly, with more pronounced effects among middle-aged and low-aged groups, women, urban residents, and those with better self-rated health. The mediation effect tests indicate that smart and healthy elderly care products can indirectly promote the formation of the positive aging age identity by enhancing individuals' self-efficacy and fostering social participation. Further analysis shows that health management and elderly care monitoring smart products play a significant positive role in shaping positive aging age identity, with a clear“cumulative effect”—the more products used, the more positive the aging age identity of the elderly. Therefore, in advancing the demonstration and pilot projects of smart and healthy elderly care, efforts should be coordinated on both supply and demand sides. While promoting the construction of the supply-side industrial chain and improving product quality, it is essential to strengthen the elderly's awareness of product usage and digital literacy on the demand side.
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