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Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19–21, 2023, Hangzhou, China

Research Article

Research of Willingness to Use Digital Currency in International Trade Based on SOR Theory and Structural Equation Model

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  • @INPROCEEDINGS{10.4108/eai.19-5-2023.2334257,
        author={Wenjie  Zhang and Tianjun  Zhao and Lirong  Mou},
        title={Research of Willingness to Use Digital Currency in International Trade Based on SOR Theory and Structural Equation Model},
        proceedings={Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19--21, 2023, Hangzhou, China},
        publisher={EAI},
        proceedings_a={ICBBEM},
        year={2023},
        month={7},
        keywords={international trade structural equation model digital currency sor theory mathematical modeling economic management,e-commerce},
        doi={10.4108/eai.19-5-2023.2334257}
    }
    
  • Wenjie Zhang
    Tianjun Zhao
    Lirong Mou
    Year: 2023
    Research of Willingness to Use Digital Currency in International Trade Based on SOR Theory and Structural Equation Model
    ICBBEM
    EAI
    DOI: 10.4108/eai.19-5-2023.2334257
Wenjie Zhang1,*, Tianjun Zhao1, Lirong Mou1
  • 1: Xi’an Shiyou University
*Contact email: 979940135@qq.com

Abstract

International trade is an important part of the digital economy. Digital RMB is essential to promote national economic development and paperless development. In this study, SOR theory and perceived value model were integrated to construct an influencing factor model for using digital RMB. The innovation of this paper lies in the use of structural equation model to verify the influence path of assumptions and variables, and analyze the condition configuration that affects willingness to use digital currency from the perspective of factor combination. The empirical results show that the stimulus variables positively affect the willingness to use digital RMB through perceived usefulness. The desire to use digital RMB is negatively affected by perceived risk.

Keywords
international trade structural equation model digital currency sor theory mathematical modeling economic management,e-commerce
Published
2023-07-24
Publisher
EAI
http://dx.doi.org/10.4108/eai.19-5-2023.2334257
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