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An Analytical Case Study of Government Policy Effects Using Synthetic Control Method: The Beijing-Tianjin-Hebei Collaborative Development strategy

Author

Listed:
  • Hongwei Dai

    (School of Economics, Central University of Finance and Economics, Beijing)

  • Yichen Chu

    (School of Economics, Central University of Finance and Economics, Beijing)

Abstract

This study aims to identify the effective outcomes that can be attributed to the Beijing-Tianjin-Hebei collaborative development and determining the different effects that this collaboration has had on Beijing, Tianjin, and Hebei province since 2001. This paper applies the synthetic control method to a policy analysis of the current status of the Beijing-Tianjin-Hebei collaborative development by using provincial-level panel data for the 1990-2014 period. The findings show that the Beijing-Tianjin-Hebei collaborative development has had positive effects on growth for Beijing and Tianjin, and resulted in a reduction of GDP per capita in Hebei province.

Suggested Citation

  • Hongwei Dai & Yichen Chu, 2022. "An Analytical Case Study of Government Policy Effects Using Synthetic Control Method: The Beijing-Tianjin-Hebei Collaborative Development strategy," Annals of Economics and Finance, Society for AEF, vol. 23(1), pages 63-94, May.
    • Handle: RePEc:cuf:journl:y:2022:v:23:i:1:daichu
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    References listed on IDEAS

    as
    1. Abadie, Alberto & Diamond, Alexis & Hainmueller, Jens, 2010. "Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California’s Tobacco Control Program," Journal of the American Statistical Association, American Statistical Association, vol. 105(490), pages 493-505.
    2. Alberto Abadie & Alexis Diamond & Jens Hainmueller, 2015. "Comparative Politics and the Synthetic Control Method," American Journal of Political Science, John Wiley & Sons, vol. 59(2), pages 495-510, February.
    3. Alberto Abadie & Javier Gardeazabal, 2003. "The Economic Costs of Conflict: A Case Study of the Basque Country," American Economic Review, American Economic Association, vol. 93(1), pages 113-132, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Policy Analysis; Treatment Effects; Synthetic Control Method; Beijing-Tianjin-Hebei Collaborative Development strategy;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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