Plausibly Exogenous [1640] - Internet Penetration (07/30/2024)

LHS Variable
Venture capital investment

RHS Variable
Internet penetration

Source of Exogenous Variation
Staggered inclusion in demonstration cities under the Broadband China strategy as a positive shock to internet penetration

- Li, Li, and Yang (2022), “The impact of internet penetration on venture capital investments: Evidence from a quasi-natural experiment”