Investigating Relationship between Digital Payment and Transportation using Panel ARDL

نوع المستند : مقالات سیاسیة واقتصادیة

المؤلف

الاکاديمية العربية للعلوم والتکنولوجيا والتقل البحري

المستخلص

Digitization of payment facilitate easier and faster payment which increase transactions volume in the economy from both demand and supply sides, which raise demand of transportation. The paper analyzes short-run and long-run dynamics deploying panel ARDL “Autoregressive Distributed Lag” technique based on specification and model examination. The study estimated three models investigating impact of digital payment on maritime and air freight transport, as well as investigating main determinants of digital payment in enhancing transport for the period from 2000 till 2020 for 16 countries in MENA “Middle East and North Africa”. Estimation found positive significance of digital payment, internet, mobile and banking usage on transportation. Main determinants of digital payment found to be income, banking usage, mobile, internet and transportation which indicate bi directional relationship between transportation and digital payment. The results recommend that digital payment should be considered seriously in policy designing. MENA countries should enhance collaboration in digital payment, and focus on intensifying access to mobile and Internet.

الكلمات الرئيسية