Using survey data from 159,000 users and a regional input-output model, the study estimates Taipei's voucher program has a GDP multiplier of 0.97 without behavioral responses and up to 1.76 when substitution and induced consumption are included, with accommodation vouchers most effective.
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Spending Behavior and Economic Impacts of Urban Digital Consumption Vouchers
Using survey data from 159,000 users and a regional input-output model, the study estimates Taipei's voucher program has a GDP multiplier of 0.97 without behavioral responses and up to 1.76 when substitution and induced consumption are included, with accommodation vouchers most effective.