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 producer services to cities with larger population sizes due to the higher …