Panel data approach vs synthetic control method

Shui Ki WAN*, Yimeng Xie, Cheng Hsiao

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    24 Citations (Scopus)
    11 Downloads (Pure)

    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.

    Original languageEnglish
    Pages (from-to)121-123
    Number of pages3
    JournalEconomics Letters
    Volume164
    DOIs
    Publication statusPublished - Mar 2018

    Scopus Subject Areas

    • Finance
    • Economics and Econometrics

    User-Defined Keywords

    • Counterfactual analysis
    • Panel data approach
    • Synthetic control

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