G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10253
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
URLhttps://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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