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Synth: An R Package for Synthetic Control Methods in Comparative Case Studies

Synth: An R Package for Synthetic Control Methods in Comparative Case Studies

Authors :
Alberto Abadie
Alexis Diamond
Jens Hainmueller
Source :
Journal of Statistical Software, Vol 42, Iss 13 (2011)
Publication Year :
2011
Publisher :
Foundation for Open Access Statistics, 2011.

Abstract

The R package Synth implements synthetic control methods for comparative case studies designed to estimate the causal effects of policy interventions and other events of interest (Abadie and Gardeazabal 2003; Abadie, Diamond, and Hainmueller 2010). These techniques are particularly well-suited to investigate events occurring at an aggregate level (i.e., countries, cities, regions, etc.) and affecting a relatively small number of units. Benefits and features of the Synth package are illustrated using data from Abadie and Gardeazabal (2003), which examined the economic impact of the terrorist conflict in the Basque Country.

Details

Language :
English
ISSN :
15487660
Volume :
42
Issue :
13
Database :
Directory of Open Access Journals
Journal :
Journal of Statistical Software
Publication Type :
Academic Journal
Accession number :
edsdoj.689b6d976a04ce9a13b7004f66c9e8f
Document Type :
article