An Analytical Case Study of Government Policy Effects Using Synthetic Control Method: The Beijing-Tianjin-Hebei Collaborative Development strategy

Hongwei Dai () and Yichen Chu ()
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Hongwei Dai: School of Economics, Central University of Finance and Economics, Beijing
Yichen Chu: School of Economics, Central University of Finance and Economics, Beijing

Annals of Economics and Finance, 2022, vol. 23, issue 1, 63-94

Abstract: This study aims to identify the effective outcomes that can be attributed to the Beijing-Tianjin-Hebei collaborative development and determining the different effects that this collaboration has had on Beijing, Tianjin, and Hebei province since 2001. This paper applies the synthetic control method to a policy analysis of the current status of the Beijing-Tianjin-Hebei collaborative development by using provincial-level panel data for the 1990-2014 period. The findings show that the Beijing-Tianjin-Hebei collaborative development has had positive effects on growth for Beijing and Tianjin, and resulted in a reduction of GDP per capita in Hebei province.

Keywords: Policy Analysis; Treatment Effects; Synthetic Control Method; Beijing-Tianjin-Hebei Collaborative Development strategy (search for similar items in EconPapers)
JEL-codes: O18 R11 (search for similar items in EconPapers)
Date: 2022
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