We empirically assess the treatment effects of a place-based policy in Japan and propose a socially desirable and practically feasible treatment assignment rule for the program. To account for heterogeneity of treatment effects, we estimate the conditional average treatment effect for each...

We empirically assess the treatment effects of a place-based policy in Japan and propose socially desirable and practically feasible treatment assignment rules for the program. To account for the heterogeneity of treatment effects, we estimate the conditional average treatment effect for each...