Enhancing Small-Business Ecosystems Through Local Currency Designs in South Korea: A Choice Experiment Approach

Enhancing Small-Business Ecosystems Through Local Currency Designs in South Korea: A Choice Experiment Approach

Local governments have introduced local currency systems to stimulate regional economies by encouraging local spending and preventing financial outflows. Since the success of a local currency depends on residents’ active participation, understanding consumer preferences is essential for designing ef...

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Bibliographic Details
Main Authors: Myoungjin Oh, Geunyoung Lee, Donghyun Lee, Joongha Ahn, Jungwoo Shin
Format: Article
Language:English
Published: MDPI AG 2025-05-01
Series:Systems
Subjects:
consumer spending behavior
local currency system
local commerce ecosystem
regional economic revitalization
small-business financing
spatial economic analysis
Online Access:https://www.mdpi.com/2079-8954/13/5/339
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