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Statistical Inference for Average Treatment Effects Estimated by Synthetic Control Methods

Statistical Inference for Average Treatment Effects Estimated by Synthetic Control Methods

Abstract The synthetic control (SC) method, a powerful tool for estimating average treatment effects (ATE), is increasingly popular in fields such as statistics, economics, political science, and marketing. The SC is particularly suitable for estimating ATE with a single (or a few) treated unit(s), a fixed number of control units, …