Panel data approach vs synthetic control method

Shui-Ki Wan, Yimeng Xie and Cheng Hsiao

Economics Letters, 2018, vol. 164, issue C, 121-123

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 (search for similar items in EconPapers)
JEL-codes: C3 C5 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (22)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:164:y:2018:i:c:p:121-123

DOI: 10.1016/j.econlet.2018.01.019

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