Callado, Francisco; Hromcová, Jana; Utrero, Natalia - Departament d'Economia Aplicada, Universitat Autònoma … - 2012
We study the relationship between openness and payment system development. In particular, we analyze how the existence of technology diffusion from a more developed country fosters a transformation of payment choice in a less developed country. We apply our analysis to Mexico. Economic growth in...