关键词: 人口因素, 公共服务, 经济增长

Abstract:  After 40 years of economic reform, China's economy has achieved a miracle of sustained and rapid growth. For an industrialized society, public services can narrow the income gap between the rich and the poor, coordinate unbalanced development, maintain social equity and justice, and improve people's life. How to achieve a balance between sustained economic growth and the improvement of the quality and level of public services? Can public services promote economic development? What is the mechanism? Based on provincial panel data from 1994 when China's tax reform started, this research uses econometric panel analysis methods to examine the role of public services in economic growth. Specifically, we treat the public services as the core variables in the analytical model and explore how they affect economic growth after controlling for population structure, population aggregation and other factors. Empirical evidence shows that in the era of slow population growth, population aging, and urban population agglomeration, the improvement of public services has a significant role in promoting economic growth and is an important source of economic development.

Keywords: Population Factor, Public Services, Economic Growth