A PANEL DATA APPROACH FOR PROGRAM EVALUATION: MEASURING THE BENEFITS OF POLITICAL AND ECONOMIC INTEGRATION OF HONG KONG WITH MAINLAND CHINA

作者: Cheng Hsiao , H. Steve Ching , Shui Ki Wan

DOI: 10.1002/JAE.1230

关键词: Program evaluationMainland ChinaEconomic integrationMonetary policyEconomicsFactor analysisSocial policyDevelopment economicsReal gross domestic productRegional sciencePanel dataEconomics and EconometricsSocial Sciences (miscellaneous)

摘要: … We propose a simple-to-implement panel data method to evaluate the impacts of social policy… We use a panel of 24 countries to evaluate the impact of political and economic integration …

参考文章(47)
Thomas Sargent, C.A. Sims, Business Cycle Modeling Without Pretending to Have Too Much a Priori Economic Theory Research Papers in Economics. pp. 45- 109 ,(1977)
Alexei Onatski, TESTING HYPOTHESES ABOUT THE NUMBER OF FACTORS IN LARGE FACTOR MODELS Econometrica. ,vol. 77, pp. 1447- 1479 ,(2009) , 10.3982/ECTA6964
Cheng Hsiao, Autoregressive modeling and causal ordering of economic variables Journal of Economic Dynamics and Control. ,vol. 4, pp. 243- 259 ,(1982) , 10.1016/0165-1889(82)90015-X
CLIFFORD M. HURVICH, CHIH-LING TSAI, Regression and time series model selection in small samples Biometrika. ,vol. 76, pp. 297- 307 ,(1989) , 10.1093/BIOMET/76.2.297
Toshihiko Hayashi, Is it Abenomics or Post-Disaster Recovery? A Counterfactual Analysis International Advances in Economic Research. ,vol. 20, pp. 23- 31 ,(2014) , 10.1007/S11294-013-9450-Z
P. C. B. Phillips, S. N. Durlauf, Multiple Time Series Regression with Integrated Processes The Review of Economic Studies. ,vol. 53, pp. 473- 495 ,(1986) , 10.2307/2297602
Peter Lukas Bühlmann, Boosting for high-dimensional linear models Annals of Statistics. ,vol. 34, pp. 559- 583 ,(2006) , 10.3929/ETHZ-A-004680132
Jushan Bai, Inferential Theory for Factor Models of Large Dimensions Econometrica. ,vol. 71, pp. 135- 171 ,(2003) , 10.1111/1468-0262.00392
Christopher A. Sims, MACROECONOMICS AND REALITY Econometrica. ,vol. 48, pp. 1- 48 ,(1980) , 10.2307/1912017