Source: Taiwan Economic Daily

The three -double voucher on the road is on the road. Although there are many disputes in disturbances, at least at least in the Taiwan society, a life topic and festive atmosphere have been successfully shaped, so that the depression and boredom atmosphere for more than half a year is slightly relieved.The country can also be regarded as a little luck in the epidemic.

The purpose of revitalizing the three -time voucher is literally, of course, it is necessary to revitalize the economy, but whether it can really achieve the result of revitalization, there have been many controversies since the beginning.There are two main disputes. One is not to issue cash directly as if it is based on the United States, Japan and other countries.Interestingly, those who advocate that cash should be the same group with the same effect, which is often the same group, which also shows that the discussion of the advantages and disadvantages of the three -twice coupon policy is not necessarily based on the basis of academic or rationality.

From the results, not directly issuing cash should be the right choice. Otherwise, the various matching marketing measures of various merchants and local governments cannot be launched, and government expenditures are really likely to be limited by a strong alternative effect.The contribution is relatively limited.The traffic and crowded phenomenon caused by the outbreak of the travel of the tourism, three times the cards have indeed brought a lot of additional consumption effects.From a certain perspective, the three -twice coupon does achieve a certain degree of revitalization consumption effect.

However, it is also necessary to understand that with the evolution of the new crown pneumonia, the level of economic impact has shifted from the domestic demand service industry to the general manufacturing industry. The effect that the three -fold coupon can achieve may still be quite local.The consumption capacity of the people in Taiwan is limited. Even if there are not three times the vouchers, the retaliated consumption capacity after the economic unseaper is still very strong. The Spring Dormation before the unblocking has erupted it.Secondly, Taiwan's economic momentum is still dependent on exports. It is different from that of the United States and Japan with domestic demand. Even if cash is issued in the United States and Japan, it can produce the effect of driving the economy immediately.In the case of, as long as foreign demand continues, the help of revitalizing domestic demand consumption is limited to the overall economy.

Foreign demand is subject to the international market situation, and it is not easy for government policies to change.In the long run, what the government can do is to change the form and proportion of internal and external needs, so that the economy should not be exposed to the risk of international prosperity.From this epidemic, we have also seen that if the proportion of domestic demand is higher, the government's policy of responding to the impact of the epidemic will be more powerful and bring the effect of rejuvenating the revitalization.In fact, the increase in the proportion of domestic demand to the effect of three times vouchers is also an important factor.

From the perspective of domestic demand structure, Taiwan's domestic demand service industry is mainly based on wholesale retail, catering and accommodation and other commercial services industries.These industries and transportation are the heaviest of the early epidemic, and the main object of three -twice coupons to revitalize.However, as the aforementioned, in addition to the aviation industry, the retaliatory consumption after economic unsealed has greatly improved the dilemma of these industries. At this time, the three -fold coupon on the road must pay attention to whether it will cause the result of the fire on the fire.Sure enough, the outbreak of China Travel not only caused the traffic congestion, crowded crowds, and reduced tourism quality in various scenic spots, but also caused the ecological environment to be damaged and local residents were harmed. The demand had surpassed its due energy.From the perspective of overall economy, external demand is too required, but domestic demand is in short supply, which is still unbalanced.

More importantly, the purpose of the three -fold coupon lies in the urgent need to solve the impact of the epidemic. Of course, the effect of revitalizing the revitalization is mostly short -term.From the perspective of supply, the increase in demand has brought short -term business opportunities, but it must also make additional allocation in terms of supply and transport and transportation. These deployment may not be a long -term mechanism.Cost; in addition, short -term Rongjing is also easy to delay the efforts of transformation and upgrading of various industries. Taiwan's tourism and tourism industry that needs to be upgraded to face the outbreak of the China Travel Explosion. Of course, it is the example of grasping business opportunities.

These short -term stimulating additional business opportunities will always pass, and they are afraid that in the process, the market function has been covered and resource allocation has been distorted.This is the price that may be paid for a three -fold coupon and should not be ignored.In fact, the three -twice coupon attaches great importance to the increase in short -term consumption, but as far as Taiwan's long -term domestic demand is concerned, it is necessary to improve the quality of life -it can really improve the support of the quality of life and reliable market mechanism, rather than an explosiveness.Consumption structure.From this perspective, the government has a lot of room for effort.