We estimate the set of panel and spatial panel data models of employment and investments for 379 Polish counties over the period 2003-2012. We take advantage of a unique firm-level dataset for Polish Special Economic Zones (SSEs), which includes about 30,000 observations. We find that SSEs have...

In this paper, we use a conditional-convergence eco nometric model to investigate whether the Cohesion Policy affect the European economies. The main contribution of our study is to consider both spatial and temporal dynamics in assessing the impact of European cohesion policy. Econometric...

I argue interpretation of nonlinear difference-in-differences models depends on the form of the parallel trends assumption. When they are assumed in the natural scale of the dependent variable, the treatment effect is the interaction effect (a cross-difference). If they are assumed in the...

The synthetic control (SC) method has been recently proposed as an alternative to estimate treatment effects in comparative case studies. The SC relies on the assumption that there is a weighted average of the control units that reconstructs the potential outcome of the treated unit in the...

The synthetic control (SC) method has been recently proposed as an alternative to estimate treatment effects in comparative case studies. In this paper, we revisit the SC method in a linear factor model setting and consider the asymptotic properties of the SC estimator when the number of...

Asset creation through National Rural Employment Guarantee Programme (NREGP) can be carried out both in public as well as in private land. This paper on the basis of micro level field investigation in South 24 Parganas district of West Bengal, India has tried to investigate whether asset...

The investment behaviors of firms are affected mainly by financial climate and conditions of economic environment in which they operate. Besides macro variables such as real interest rates, firms carefully evaluate their balance sheet items in their investment decisions. Classic regression...

The synthetic control (SC) method has been recently proposed as an alternative to estimate treatment effects in comparative case studies. In this paper, we revisit the SC method in a linear factor model setting and derive conditions under which the SC estimator is asymptotically unbiased when...

The synthetic control (SC) method has been recently proposed as an alternative to estimate treatment effects in comparative case studies. An important feature of the SC method is the inferential procedures based on placebo studies, suggested in Abadie et al. (2010). In this paper, we evaluate...

The low-income households in the South Asian countries are highly sensitive to climate-intensive sectors like agriculture, mainly due to the negative impact of climate change on the food production system as a whole. Climate-induced supply shortfalls in agriculture, and consequent food price...