Plausibly Exogenous [1324] - Broadband (09/16/2023)
LHS Variable
Firm-level economic policy uncertainty
RHS Variable
Broadband internet infrastructure
Source of Exogenous Variation
Broadband China Pilot Policy (BCPP), which can be regarded as an exogenous positive shock that affects firms’ information acquisition ability in BCPP-covered cities by upgrading broadband internet infrastructure
- Wang et al. (2023), “Does broadband internet infrastructure mitigate firm-level economic policy uncertainty? Evidence from the Broadband China Pilot Policy”