BIROn - Birkbeck Institutional Research Online

    The relationship between panel and synthetic control of the effect of civil war

    Bove, Vincenzo and Elia, L. and Smith, Ron P. (2014) The relationship between panel and synthetic control of the effect of civil war. Working Paper. Birkbeck, University of London, London, UK.

    [img]
    Preview
    Text
    26601.pdf - Draft Version

    Download (1MB) | Preview

    Abstract

    We examine the relationship between the case-study, synthetic control and large- N panel-data approaches using the costs of con ict as an example. In particular, we show that effects estimated from panel data models and effects estimated by the comparison of a treated case with a synthetic control are closely related. We then illustrate the similarities by studying the impact of civil war on the level and growth rate of GDP and discuss how to overcome some of the methodological challenges involved in quantifying the economic cost of war. We find that the incidence of internal con icts has an economically significant one-off negative effect on the GDP level, as well as a negative effect on the growth rate of the GPD.

    Metadata

    Item Type: Monograph (Working Paper)
    Additional Information: BCAM 1406; ISSN 1745-8587
    Keyword(s) / Subject(s): Civil war, Counterfactual, Economic growth, Panel analysis, Synthetic control method
    School: Birkbeck Schools and Departments > School of Business, Economics & Informatics > Economics, Mathematics and Statistics
    Research Centre: Applied Macroeconomics, Birkbeck Centre for, Innovation Management Research, Birkbeck Centre for
    Depositing User: Administrator
    Date Deposited: 21 Mar 2019 16:15
    Last Modified: 17 Oct 2019 05:50
    URI: http://eprints.bbk.ac.uk/id/eprint/26601

    Statistics

    Downloads
    Activity Overview
    0Downloads
    0Hits

    Additional statistics are available via IRStats2.

    Archive Staff Only (login required)

    Edit/View Item Edit/View Item