Synth: An R Package for Synthetic Control Methods in Comparative Case Studies
Journal of Statistical Software, Vol. 42, Issue 13, June 2011
17 Pages Posted: 14 Nov 2011
Date Written: June 2011
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.
Keywords: synthetic control methods, differences in differences estimation, program evaluation, comparative case studies, causal inference
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