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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10253 |
DP10253 Regional Policy Evaluation: Interactive Fixed Effects and Synthetic Controls | |
Thierry Magnac; Laurent Gobillon | |
发表日期 | 2014-11-16 |
出版年 | 2014 |
语种 | 英语 |
摘要 | In this paper, we investigate the use of interactive effect or linear factor models in regional policy evaluation. We contrast treatment effect estimates obtained by Bai (2009)'s least squares method with the popular difference in differences estimates as well as with estimates obtained using synthetic control approaches as developed by Abadie and coauthors. We show that difference in differences are generically biased and we derive the support conditions that are required for the application of synthetic controls. We construct an extensive set of Monte Carlo experiments to compare the performance of these estimation methods in small samples. As an empirical illustration, we also apply them to the evaluation of the impact on local unemployment of an enterprise zone policy implemented in France in the 1990s. |
主题 | International Trade and Regional Economics ; Public Economics |
关键词 | Economic geography Enterprise zones Linear factor models Policy evaluation Synthetic controls |
URL | https://cepr.org/publications/dp10253 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539086 |
推荐引用方式 GB/T 7714 | Thierry Magnac,Laurent Gobillon. DP10253 Regional Policy Evaluation: Interactive Fixed Effects and Synthetic Controls. 2014. |
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