Peso acceptance patterns in el paso

Thomas M. Fullerton, Angel L. Molina, Michael J. Pisani

Research output: Contribution to journalArticle

3 Scopus citations

Abstract

This paper examines the acceptance of peso payments, or currency substitution reverse dollarization, by U.S. retail firms near the international border with Mexico. Survey data are drawn from a stratified random sample of 586 retailers located in El Paso, Texas,situated across the border from Ciudad Juarez, Chihuahua, Mexico. Approximately 13 percent of the participant firms accept Mexican pesos in exchange for goods and services. Empirical results indicate that factors such as a firm's percentage of Spanish speaking employees and distance to the nearest international bridge significantly influence the decision to accept or reject Mexican pesos.

Original languageEnglish (US)
Pages (from-to)91-102
Number of pages12
JournalPennsylvania Geographer
Volume47
Issue number1
StatePublished - Oct 26 2009
Externally publishedYes

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Earth and Planetary Sciences(all)

Fingerprint Dive into the research topics of 'Peso acceptance patterns in el paso'. Together they form a unique fingerprint.

  • Cite this

    Fullerton, T. M., Molina, A. L., & Pisani, M. J. (2009). Peso acceptance patterns in el paso. Pennsylvania Geographer, 47(1), 91-102.