“AN ANALYSIS OF THE USE OF PLASTIC MONEY IN CHHATTISGARH ’’

Authors

  • Dr. PREETA LALL Asstt. Professor-Economics Dr R.B Naveen Govt Kanya Mahavidyalaya Raipur

Keywords:

Abstract

Spending pattern through plastic money has changed drastically. Travelling, dining and jewellery are some the top purchases that Indians make through credit cards. The recent growth in the use of plastic money mainly credit and debit cards has been phenomenal. In a young state like Chhattisgarh, which is a business hub, having ample prospects of development and growth ,a study on the Plastic Card usuage becomes all the more important.

Therefore, the statement of the problem is How can plastic cards usage be increased and how can a state like Chhattisgarh make maximum use of plastic cards. Responses for various variables affecting use of plastic money in Chhattisgarh were collected from respondents. The relationship between use of plastic money and factors affecting it was determined using regression analysis. Detailed description is presented in paper.

References

Hirschman, E. 1982. “Consumer Payment Systems: The Relationship of Attribute Structure to Preference and Usage.” Journal of Business 55:531–545.

Jonker, N. 2005. “Payment Instrument as Perceived by Consumers A Public Survey.”Mimeo.

Brito, D., and P. Hartley. 1995. “Consumer Rationality and Credit Cards.” Journal of Political Economy 103:400–433.

Telyukova, I., and R. Wright. 2005. “A Model of Money and Credit with Application to the Credit Card Debt Puzzle.” Mimeo.

Mandeep Kaur and Kamalpreet Kaur(2008), “Development of Plastic Cards

Market: Past, Present and Future Scenarioin Indian Banks”, Asia-Pacific Business Review, Vol. IV, No.4, pp. 62-74, ISSN: 0973-2470

Journal of Post Keynesian Economics Winter 2010–11, Vol. 33, No. 2255 © 2011 M.E.Sharpe, Inc.

Downloads

Published

2017-04-30

Issue

Section

Articles