Cai, Jun; Xin, Kai; Zhou, YaHong - In: Journal of management science and engineering 6 (2021) 3, pp. 249-267
We propose a simple-to-implement dynamic panel data method to evaluate the impacts of place-based policies. The idea is to exploit both the cross sectional dependence and the serial correlation within a panel and implement a semi difference-in-difference decomposition. Different from the method...