数字优惠券刺激计划的收入和福利影响

IF 5.2 1区经济学 Q1 ECONOMICS

中国经济评论 Pub Date : 2025-04-02 DOI:10.1016/j.chieco.2025.102396

Ying Chen , Jiaming Mao , Yue Wang

{"title":"数字优惠券刺激计划的收入和福利影响","authors":"Ying Chen , Jiaming Mao , Yue Wang","doi":"10.1016/j.chieco.2025.102396","DOIUrl":null,"url":null,"abstract":"<div><div>This study examines the impact of digital coupon programs on local businesses, using a large-scale program in Ningbo, China as a case study. Based on a regression discontinuity design, we find digital coupons to be a cost-effective method for local governments to generate immediate excess earnings for businesses during economic downturns. However, the impact was temporary and unevenly allocated. The majority of the excess revenues generated by the program went to large businesses, while small businesses benefited more on a percentage basis. Evaluating the distributional and welfare consequences of the program, we find that it led to both an improvement in total welfare for local businesses and a reduction in their revenue and welfare inequality.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102396"},"PeriodicalIF":5.2000,"publicationDate":"2025-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The revenue and welfare implications of digital coupon stimulus programs\",\"authors\":\"Ying Chen , Jiaming Mao , Yue Wang\",\"doi\":\"10.1016/j.chieco.2025.102396\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study examines the impact of digital coupon programs on local businesses, using a large-scale program in Ningbo, China as a case study. Based on a regression discontinuity design, we find digital coupons to be a cost-effective method for local governments to generate immediate excess earnings for businesses during economic downturns. However, the impact was temporary and unevenly allocated. The majority of the excess revenues generated by the program went to large businesses, while small businesses benefited more on a percentage basis. Evaluating the distributional and welfare consequences of the program, we find that it led to both an improvement in total welfare for local businesses and a reduction in their revenue and welfare inequality.</div></div>\",\"PeriodicalId\":48285,\"journal\":{\"name\":\"中国经济评论\",\"volume\":\"91 \",\"pages\":\"Article 102396\"},\"PeriodicalIF\":5.2000,\"publicationDate\":\"2025-04-02\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"中国经济评论\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1043951X25000549\",\"RegionNum\":1,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"中国经济评论","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1043951X25000549","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 0

摘要

本研究以中国宁波的一个大型项目为例，考察了数字优惠券项目对当地企业的影响。基于回归不连续设计，我们发现数字券是地方政府在经济衰退期间为企业创造即时超额收益的一种经济有效的方法。然而，这种影响是暂时的，而且分配不均。该计划产生的大部分超额收入都流向了大企业，而小企业在百分比基础上受益更多。评估该计划的分配和福利后果，我们发现它既改善了当地企业的总福利，又减少了它们的收入和福利不平等。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

The revenue and welfare implications of digital coupon stimulus programs

This study examines the impact of digital coupon programs on local businesses, using a large-scale program in Ningbo, China as a case study. Based on a regression discontinuity design, we find digital coupons to be a cost-effective method for local governments to generate immediate excess earnings for businesses during economic downturns. However, the impact was temporary and unevenly allocated. The majority of the excess revenues generated by the program went to large businesses, while small businesses benefited more on a percentage basis. Evaluating the distributional and welfare consequences of the program, we find that it led to both an improvement in total welfare for local businesses and a reduction in their revenue and welfare inequality.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

中国经济评论 ECONOMICS-

CiteScore

10.60

自引率

4.40%

发文量

380

期刊介绍： The China Economic Review publishes original works of scholarship which add to the knowledge of the economy of China and to economies as a discipline. We seek, in particular, papers dealing with policy, performance and institutional change. Empirical papers normally use a formal model, a data set, and standard statistical techniques. Submissions are subjected to double-blind peer review.