Scan the QR Code of Happiness: Can Mobile Payment Adoption Make People Happier?
Hongyun Zheng () and
Wanglin Ma
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Hongyun Zheng: Huazhong Agricultural University
Applied Research in Quality of Life, 2022, vol. 17, issue 4, No 18, 2299-2310
Abstract:
Abstract This research note investigates the association between mobile payment adoption and happiness. We employ the conditional mixed process model to address the selection bias and estimate the open-access 2017 Chinese General Social Survey data. Our findings reveal that mobile payment adoption significantly improves rural residents’ happiness but does not significantly influence urban residents’ happiness. Exploring gendered differences finds that regardless of urban or rural residence, females are happier than males when adopting mobile payment. Our findings suggest that promoting mobile payment adoption could bring favourable well-being returns.
Keywords: Mobile payment; Happiness; CMP model; China; I31; L86; P25 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ariqol:v:17:y:2022:i:4:d:10.1007_s11482-022-10036-0
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DOI: 10.1007/s11482-022-10036-0
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