Abstract:Based on panel data from 31 provinces in China from 2000 to 2017, Tobit model and threshold effect regression are used to study the effect of population aging on the upgrade of industrial structure under the background of innovation-driven strategy, and identify the moderating role and threshold effect of regional technological innovation. The research shows that, as a whole, the population aging has significantly promoted the advancement of industrial structure, which has a positive impact on the rationalization of industrial structure, but it is not significant. In addition, the regional technological innovation plays a significant role in promoting the advancement of industrial structure of the eastern, central, and western regions, but when promoting the rationalization of industrial structure, its moderating role is only significant in the eastern and central regions, but not in the western region. For the whole and the eastern region, regional technological innovation shows a double threshold effect in the impact of population aging on the advancement of industrial structure, while it only shows a single threshold feature when promoting the rationalization of the industrial structure, that is, as the regional technological innovation capability crosses a single threshold, the effect of population aging on the rationalization of industrial structure changes from negative to positive. For the central and western regions, regional technological innovation has a single threshold in the impact of population aging on the advancement and rationalization of the industrial structure, and only when the regional technological innovation capability is within a specific range, population aging will significantly promote the development of the advancement and rationalization of the industrial structure.