Document Type

Journal Article

Department/Unit

Department of Economics

Language

English

Abstract

We explore the pros and cons of two counterfactual analysis methodologies — the panel data approach (PDA) and the synthetic control method (SCM) through a discussion of the differences in their underlying assumptions and a series of simulations.

Keywords

Counterfactual analysis, Panel data approach, Synthetic control

Publication Date

3-2018

Source Publication Title

Economics Letters

Volume

164

Start Page

121

End Page

123

Publisher

Elsevier

Peer Reviewed

1

Copyright

© 2018 Elsevier B.V. All rights reserved.

Funder

We would like to thank a referee and M.H. Pesaran and R. Smith for helpful comments. We also wish to acknowledge the financial support of China National Science Foundation grant # 71631004.

DOI

10.1016/j.econlet.2018.01.019

ISSN (print)

01651765

JA-5074-29476_suppl.docx (90 kB)
Appendix A. Supplementary data

Available for download on Wednesday, April 01, 2020

Additional Files

JA-5074-29476_suppl.docx (90 kB)
Appendix A. Supplementary data

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