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

The R package Synth implements synthetic control methods for comparative case studies designed to estimate the causal e ects of policy interventions and other events of interest (Abadie and Gardeazabal 2003; Abadie, Diamond, and Hainmueller 2010). These techniques are particularly well-suited to inv...

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Bibliographic Details
Main Authors: Abadie, Alberto, Diamond, Alexis, Hainmueller, Jens
Other Authors: Massachusetts Institute of Technology. Department of Political Science
Format: Article
Language:en_US
Published: UCLA Statistics/American Statistical Association 2012
Online Access:http://hdl.handle.net/1721.1/71234
Description
Summary:The R package Synth implements synthetic control methods for comparative case studies designed to estimate the causal e ects 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 a ffecting a relatively small number of units. Bene ts 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.