Does broadband internet infrastructure mitigate firm-level economic policy uncertainty? Evidence from the Broadband China Pilot Policy

Bin Wang, Liang Wang, Bairong Gong, Zhengwei Yan and Pan Hu

Economics Letters, 2023, vol. 232, issue C

Abstract: We propose the firm-level economic policy uncertainty (FEPU) index to measure the economic policy uncertainty faced by individual firms. Then, we consider the “Broadband China Pilot Policy” as a quasi-experiment and examine the effect of broadband internet infrastructure on FEPU. We find that broadband internet infrastructure exerts negative impacts on FEPU.

Keywords: Firm-level economic policy uncertainty; Broadband China Pilot Policy; Broadband internet infrastructure; Textual analysis (search for similar items in EconPapers)
JEL-codes: G30 G38 H54 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:232:y:2023:i:c:s0165176523003506

DOI: 10.1016/j.econlet.2023.111325

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