The Macor-Economic Effects of Consumption Vouchers Policy in Taiwan
Resource
農業與經濟, 43, 81-121
Journal
農業與經濟
Journal Issue
43
Pages
81-121
Date Issued
2009-12
Date
2009-12
Author(s)
黃琝琇
Abstract
This paper analyzes the effects of consumption vouchers policy on Taiwan economy. The consumption vouchers policy is a type of government transfer, and aims at stimulating domestic demand and economic growth. According to the simulations, we have three findings: first, compare to the government investment and consumption, the transfer payments are ineffective in raising economic growth, but effective in improving income distribution. Second, when consumption vouchers policy is implemented in a shorter period, the effects of stimulating economic growth are better. Thirdly, accounting of the effects of different methods to finance the consumption vouchers plan, the tax-financed transfers can raise economic growth much higher than the debt-financed transfers. This indicates the budget balance is important to enhance economic growth.
Subjects
政府支出
移轉性支出
消費券
總體計量模型:Government expenditure
Transfer payments
Consumption vouchers
Macro-Econometric model
SDGs
Type
journal article
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