Microenterprise Peso Acceptance in El Paso, Texas
Utilizing a unique sample of 253 microenterprise border retailers from El Paso, Texas, this paper explores the possibility of cash payment from cross-border shoppers using Mexican pesos. We find that one-fifth of microenterprise retailers in El Paso accept payment in Mexican pesos. Increased peso ac...
| Autor principal: | |
|---|---|
| Formato: | Artículo |
| Lenguaje: | español |
| Publicado: |
Universidad Autónoma de Nuevo León
2013
|
| Materias: | |
| Acceso en línea: | https://ensayos.uanl.mx/index.php/ensayos/article/view/60 |
| _version_ | 1824325132801277952 |
|---|---|
| author | J. Pisani, Michael |
| author_facet | J. Pisani, Michael |
| author_sort | J. Pisani, Michael |
| collection | Artículos de Revistas UANL |
| description | Utilizing a unique sample of 253 microenterprise border retailers from El Paso, Texas, this paper explores the possibility of cash payment from cross-border shoppers using Mexican pesos. We find that one-fifth of microenterprise retailers in El Paso accept payment in Mexican pesos. Increased peso acceptance rates are associated with retailer proximity to Mexico and business segment in which the retailers compete. El Paso microenterprises are also more likely than their medium- to large-business counterparts to allow payments to be made using Mexican pesos. The opportunity cost of currency substitution is examined for accepting and yet-to-accept firms. JEL Classification: M21, F31, D22. |
| first_indexed | 2025-02-05T19:54:53Z |
| format | Article |
| id | ensayos-article-60 |
| institution | UANL |
| language | spa |
| last_indexed | 2025-02-05T19:54:53Z |
| physical | Ensayos Revista de Economía; Vol. 32 No. 2 (2013): November 2013; 75-94 Ensayos Revista de Economía; Vol. 32 Núm. 2 (2013): NOVIEMBRE 2013; 75-94 2448-8402 1870-221X |
| publishDate | 2013 |
| publisher | Universidad Autónoma de Nuevo León |
| record_format | ojs |
| spelling | ensayos-article-602025-01-14T15:14:22Z Microenterprise Peso Acceptance in El Paso, Texas J. Pisani, Michael Microenterprises Currency Substitution Reverse Dollarization Cross-Border Shoppers El Paso Texas. Utilizing a unique sample of 253 microenterprise border retailers from El Paso, Texas, this paper explores the possibility of cash payment from cross-border shoppers using Mexican pesos. We find that one-fifth of microenterprise retailers in El Paso accept payment in Mexican pesos. Increased peso acceptance rates are associated with retailer proximity to Mexico and business segment in which the retailers compete. El Paso microenterprises are also more likely than their medium- to large-business counterparts to allow payments to be made using Mexican pesos. The opportunity cost of currency substitution is examined for accepting and yet-to-accept firms. JEL Classification: M21, F31, D22. Universidad Autónoma de Nuevo León 2013-11-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article Artículo arbitrado por pares application/pdf https://ensayos.uanl.mx/index.php/ensayos/article/view/60 10.29105/ensayos32.2-4 Ensayos Revista de Economía; Vol. 32 No. 2 (2013): November 2013; 75-94 Ensayos Revista de Economía; Vol. 32 Núm. 2 (2013): NOVIEMBRE 2013; 75-94 2448-8402 1870-221X spa https://ensayos.uanl.mx/index.php/ensayos/article/view/60/46 Derechos de autor 2013 Michael J. Pisani, Thomas M. Fullerton, Jr. https://creativecommons.org/licenses/by/4.0 |
| spellingShingle | Microenterprises Currency Substitution Reverse Dollarization Cross-Border Shoppers El Paso Texas. J. Pisani, Michael Microenterprise Peso Acceptance in El Paso, Texas |
| thumbnail | https://rediab.uanl.mx/themes/sandal5/images/article.gif |
| title | Microenterprise Peso Acceptance in El Paso, Texas |
| title_full | Microenterprise Peso Acceptance in El Paso, Texas |
| title_fullStr | Microenterprise Peso Acceptance in El Paso, Texas |
| title_full_unstemmed | Microenterprise Peso Acceptance in El Paso, Texas |
| title_short | Microenterprise Peso Acceptance in El Paso, Texas |
| title_sort | microenterprise peso acceptance in el paso texas |
| topic | Microenterprises Currency Substitution Reverse Dollarization Cross-Border Shoppers El Paso Texas. |
| topic_facet | Microenterprises Currency Substitution Reverse Dollarization Cross-Border Shoppers El Paso Texas. |
| url | https://ensayos.uanl.mx/index.php/ensayos/article/view/60 |
| work_keys_str_mv | AT jpisanimichael microenterprisepesoacceptanceinelpasotexas |