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  1. (-FY2017) Growth and Poverty Reduction
  1. (-FY2017) Growth and Poverty Reduction
  2. Empirical Study on the Promotion of Home Currency in Cambodia

Currency Choice in Domestic Transactions by Cambodian Households: The Importance of Transaction Size and Network Externalities

https://doi.org/10.18884/00000972
https://doi.org/10.18884/00000972
6d9a34d4-7f23-4471-ab6f-0f3fc217db7f
名前 / ファイル ライセンス アクション
JICA_RI_WP_No.185.pdf JICA_RI_WP_No.185 (831.4 kB)
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Item type 紀要論文 / Departmental Bulletin Paper(1)
公開日 2019-03-25
タイトル
タイトル Currency Choice in Domestic Transactions by Cambodian Households: The Importance of Transaction Size and Network Externalities
タイトル
タイトル Currency Choice in Domestic Transactions by Cambodian Households: The Importance of Transaction Size and Network Externalities
言語 en
言語
言語 eng
キーワード
主題Scheme Other
主題 Dollarization
キーワード
主題Scheme Other
主題 currency preference
キーワード
主題Scheme Other
主題 transaction cost
キーワード
主題Scheme Other
主題 household survey data
キーワード
言語 en
主題Scheme Other
主題 Dollarization
キーワード
言語 en
主題Scheme Other
主題 currency preference
キーワード
言語 en
主題Scheme Other
主題 transaction cost
キーワード
言語 en
主題Scheme Other
主題 household survey data
資源タイプ
資源タイプ識別子 http://purl.org/coar/resource_type/c_6501
資源タイプ departmental bulletin paper
ID登録
ID登録 10.18884/00000972
ID登録タイプ JaLC
著者 Odajima, Ken

× Odajima, Ken

WEKO 1365

en Odajima, Ken

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Aiba, Daiju

× Aiba, Daiju

WEKO 1366

en Aiba, Daiju

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Khou, Vouthy

× Khou, Vouthy

WEKO 1367

en Khou, Vouthy

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内容記述タイプ Abstract
内容記述 Beyond dollarization in financial systems and business transactions, foreign currency is widely used in domestic transactions by households in several dollarized economies. Based on data from a nationally representative household survey in Cambodia, we examined the key factors that affect household preferences in relation to currency choice in those transactions where they accept money when selling some assets. We found that size of transaction is negatively correlated to household choice of local currency. In addition, we found that having a bank account mitigates the negative effect of size of transaction on local currency choice, suggesting that availability of financial services could reduce the transaction costs for households when accepting local currency. We also found that our measures of the extent of the network externalities of foreign currency are significantly correlated to household choice of foreign currency. Our findings suggest that improvement in the usability of local currency gained by reducing the transaction costs of local currency relative to foreign currency, particularly for large transactions, can have a positive impact on household use of the local currency in domestic transactions.
書誌情報 Working Paper
en : Working Paper

号 185, p. 1-46, 発行日 2019-03-25
出版者
出版者 JICA Research Institute
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