Effects of institutional environment and technology development on payment choice

Callado-Muñoz, Francisco J.; Hromcová, Jana; Utrero-González, Natalia

doi:10.3846/20294913.2015.1074952

Cited by 3 publications

(4 citation statements)

References 37 publications

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“…Indeed, two-step estimates of the model (not reported) suggest signi…cant downward bias in the standard errors, even after using the Windmeijer (2005) correction. 9 Following previous literature (see Compton and Paterson, 2016, among others) stock variables are treated as predetermined and the rest are considered endogenous.…”

Section: Resultsmentioning

confidence: 99%

Defence Spending, Institutional Environment and Economic Growth: Case of NATO

Utrero-González

Hromcová

Callado-Muñoz

2017

Defence and Peace Economics

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This paper analyses the impact of participating in a military alliance on the nexus between defence spending and economic growth. In particular, we study how the process of gradual association to a military organization in ‡uences the defence spending of newcomers, and consequently their economic growth. Conclusions from the theoretical model are tested empirically for countries in the North Atlantic Treaty Organization. Results show that the prospect of intensi…ed military alliance partnership and membership has a positive e¤ect on economic growth. In addition, increased security and stability gained by closer military cooperation reinforces the positive link with economic growth. Empirical evidence supports theoretical priors.

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Section: Resultsmentioning

confidence: 99%

Defence Spending, Institutional Environment and Economic Growth: Case of NATO

Utrero-González

Hromcová

Callado-Muñoz

2017

Defence and Peace Economics

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“…It also expands the production scale of an industry, extends the industrial chain, reduces manufacturing costs and prices, and facilitates the transfer of labour in industrial sectors. Thus, the adjustment and upgrading of the industrial structure will be promoted through the linkage and transmission mechanism between industries (Bulu, 2014;Klepper, 2002;Naimzada and Randon, 2007). In addition, new technologies promote the technological transformation and renewal of traditional industries so that emerging industries can grow alongside traditional industries (Ding and Chen, 2019;Pascali, 2017;Zhao et al, 2021).…”

Section: Technological Innovation and Industrial Upgradingmentioning

confidence: 99%

“…The institutional environment is the basic guarantee for the economic and social development of a region, and good social conditions have a direct impact on the mechanism of industrial structure upgrading by enhancing the efficiency of resource allocation and improving innovation capabilities (Callado-Muñoz et al, 2018;López-Cabarcos et al, 2020;Wang and Feng, 2021;Wawrzyniak and Doryń, 2020). Considering the process of promoting the transformation and upgrading of China's industrial structure is driven by technology, questions have been raised as to the role the institutional environment system plays in industrial upgrading.…”

Section: The Institutional Mechanismmentioning

confidence: 99%

Technology Importation, Institutional Environment and Industrial Upgrading: Evidence from China

Song¹,

Qiao²

2023

ekoncas

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Considering the importance of technology for industrial structure upgrading, especially under the impetus of the fourth industrial revolution, the paper examines the impact of technology importation on industrial structure upgrading in 31 Chinese provinces from 2002 to 2020. It also emphasises the moderating role of institutional environment based on two dimensions of industrial upgrading. The findings indicate that technology importation has a positive effect on industrial advancement; however, its impact on industrial rationalisation is not significant. A higher-quality institutional environment can indirectly contribute to the impact of technology importation on industrial upgrading. Finally, the effects of technology importation and institutional environment on industrial upgrading vary with regions, and there are also differences in the moderating effects of different aspects of institutional quality. Therefore, the article suggests that technology should be introduced according to the institutional environment of different regions, and the government should develop personalised industrial upgrading strategies.

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“…The technological progress observed in the recent years has a significant impact on shopping strategies, and thus sales strategies. With progress in financial innovation, payments have shifted to secure digital platforms, achieving economies of scale and increasing the relative costs of paper-based payment instruments (Callado-Muñoz, Hromcová, Utrero-González, 2018;Beijnen and Bolt, 2009;Bolt and Humphrey, 2007). Innovations in online banking, new payment technologies such as contactless, mobile and instant payments are used more often.…”

Section: Literature Reviewmentioning

confidence: 99%

Management of Consumer Payment Determined by Gender During the COVID-19 Pandemic

Piersiala

2022

ECKM

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The article discusses the subject of the consumer's gender and factors that affect shopping, and more specifically whether there is a relationship between gender and preferred means of payment in times of the COVID-19 pandemic. I explore the relationship between cash and other payment instruments using the outbreak of the COVID-19 pandemic as a natural experiment exogenously affecting both the payment industry and consumers’ habits. This article sheds more light on changing the payment habits of consumers since the beginning of the pandemic. The purpose of this article is to examine the styles of payment-related decision making and to identify differences and similarities in this regard according to gender. Women are different from men in every activity they perform, and therefore also in shopping styles. Consumer behaviour is an area in which the diversity of behaviour between men and women is very clear. The author conducted an empirical study in the period of January-February 2022 among the students of the University of the Third Age. The study participants were women and men over 55 years of age. The basic research method was the PAPI (Paper and Pencil Interview) method, based on a questionnaire. In the first part of the article, it was attempted to present some theoretical aspects of payment methods by consumers in Poland and in Europe, based on the analysis of literature sources. Then, the gender-dependent differences in consumer behaviour are presented. The next section describes the procedure of empirical research, as well as the most important conclusions of the research.

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Effects of institutional environment and technology development on payment choice

Cited by 3 publications

References 37 publications

Defence Spending, Institutional Environment and Economic Growth: Case of NATO

Defence Spending, Institutional Environment and Economic Growth: Case of NATO

Technology Importation, Institutional Environment and Industrial Upgrading: Evidence from China

Management of Consumer Payment Determined by Gender During the COVID-19 Pandemic

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