E-commerce Readiness Institutional Environment and International Competitiveness
نویسنده
چکیده
A systematic cross-country analysis of e-commerce activity reveals that although physical infrastructure explains much of the variation in basic Internet use, e-commerce activity also depends significantly on the "rule of law" and, secondarily, on availability of credible payment channels such as credit cards. These results suggest that an institutional environment that facilitates the building of transactional integrity is critical to the development of e-commerce.
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