31.5 Generalized Synthetic Control

reference: (Xu 2017)

• Bootstrap procedure here is biased (K. T. Li and Sonnier 2023). Hence, we need to follow K. T. Li and Sonnier (2023) in terms of SEs estimation.

References

Li, Kathleen T, and Garrett P Sonnier. 2023. “Statistical Inference for the Factor Model Approach to Estimate Causal Effects in Quasi-Experimental Settings.” Journal of Marketing Research 60 (3): 449–72.

Xu, Yiqing. 2017. “Generalized Synthetic Control Method: Causal Inference with Interactive Fixed Effects Models.” Political Analysis 25 (1): 57–76.