Plausibly Exogenous [1229] - Blockchain (06/14/2023)
LHS Variable
Firm investment
RHS Variable
Blockchain technology
Source of Exogenous Variation
Staggered adoption of U.S. state laws that increased firms’ in-state ability to develop, adopt, and use blockchain technology
- Chen, Hu, Wang, and Wu (2023), “Can Blockchain Technology Help Overcome Contractual Incompleteness? Evidence from State Laws”