Replication data for: Mobile Wallet and Entrepreneurial Growth
Principal Investigator(s): View help for Principal Investigator(s) Sumit Agarwal; Wenlan Qian; Bernard Y. Yeung; Xin Zou
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
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| Data-Agarwal_Qian_Yeung_Zou | 10/13/2019 01:32:AM | ||
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text/plain | 14.6 KB | 10/12/2019 09:32:PM |
Project Citation:
Agarwal, Sumit, Qian, Wenlan, Yeung, Bernard Y., and Zou, Xin. Replication data for: Mobile Wallet and Entrepreneurial Growth. Nashville, TN: American Economic Association [publisher], 2019. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114504V1
Project Description
Summary:
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Using mobile wallet and card transaction data from a leading Singapore bank, this paper studies the effect of a mobile wallet payment technology introduction in 2017 on business growth. We find that mobile wallet usage doubled after the new technology introduction, and the improved payment efficiency generated a significant spillover effect. Small merchants experienced a monthly increase in debit and credit card sales amount (count) of 3.5 percent (3.4 percent) compared to large merchants. The payment technology promoted sales growth primarily for new businesses by facilitating customer acquisition.
Scope of Project
JEL Classification:
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G21 Banks; Depository Institutions; Micro Finance Institutions; Mortgages
L25 Firm Performance: Size, Diversification, and Scope
L26 Entrepreneurship
L86 Information and Internet Services; Computer Software
O33 Technological Change: Choices and Consequences; Diffusion Processes
G21 Banks; Depository Institutions; Micro Finance Institutions; Mortgages
L25 Firm Performance: Size, Diversification, and Scope
L26 Entrepreneurship
L86 Information and Internet Services; Computer Software
O33 Technological Change: Choices and Consequences; Diffusion Processes
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