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This paper investigates the impact on the network growth of the level of merchant discount, the level of Multilateral Interchange Fee (MIF), and the consumers' and the merchants' awareness of positive network effects. In an artificial market, in which issuers and acquirers belong to the same...
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"China's rural consumer market has exhibited extraordinary growth. Over the past decade, the consumption growth rate … in line with China's expanding rural markets while further differentiating product composition to satisfy the … targeting China between domestic manufacturers, distributors (operating in China) and logistics companies. - This study aims to …
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China has quickly become the largest e-commerce market in the world. By matching a nationally representative China …-commerce development has shaped household consumption growth in China. The paper presents three major findings. First, e …
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Apps für mobile Zahlungen, Online-to-Offline-Services wie Essensbestellung oder andere Lieferungen - die digitale Mittelschicht Chinas ist nicht nur weitaus zahlreicher, sie nutzt neue Technologien auch selbstverständlicher als andere. Damit setzt eine neue Wachstumsgeschichte Chinas im...
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