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- Title
EFFECTS OF INSTITUTIONAL ENVIRONMENT AND TECHNOLOGY DEVELOPMENT ON PAYMENT CHOICE.
- Authors
CALLADO-MUÑOZ, Francisco J.; HROMCOVÁ, Jana; UTRERO-GONZÁLEZ, Natalia
- Abstract
The purpose of this paper is to analyze the combination of institutional factors and technology advances as determinants for the choice of payment instruments. The theoretical set up suggests that countries that enter into a new institutional environment adopt the attitudes of the accepting group towards the payment choices as a consequence of institutional pressure and technology development. We apply the results of the model to the European Union enlargement process of 2004. Our findings confirm the relevance of both institutional environment and technology development in retail payment choice decisions particular to Central and Eastern European Countries.
- Subjects
SET theory; EUROPEAN Union; EUROPEAN integration; INSTITUTIONAL environment; PAYMENTS for ecosystem services
- Publication
Technological & Economic Development of Economy, 2018, Vol 24, Issue 1, p81
- ISSN
2029-4913
- Publication type
Article
- DOI
10.3846/20294913.2015.1074952