Wu, Sixu; Li, Jiewei - In: China economic quarterly international : CEQI 4 (2024) 2, pp. 107-118
We construct an instrumental variable for the Internet penetration rate using China's "8-horizontal-8-longitudinal" optical cable network to identify the impact of the Internet on the agglomeration of producer services in cities. We find that, (i) the Internet promotes the agglomeration of...