hkrelax / rhcw

The R Package of Panel Data Approach for Program Evaluation

The R Package of Panel Data Approach for Program Evaluation

Author: Leo Y. Yang [email protected]

This package is used to do the program evaluation using the Panel Data Approach raised by Cheng Hsiao, H. Steve Ching, and Shui Ki Wan (2012), "A panel data approach for program evaluation: measuring the benefits of political and economic integration of Hong kong with mainland China", Journal of Applied Econometrics.

Installation

# The development version from GitHub:
# install.packages("devtools")
devtools::install_github("jpshuimu/rhcw")

Data

This package includes the data from Hsiao et.al (2012).

library(rhcw)
data <- hcw_data

head(data)

date	Hong Kong	Australia	Austria	Canada	Denmark
1993Q1	0.062	0.040	-0.013	0.010	-0.012
1993Q2	0.059	0.038	-0.008	0.021	-0.003
1993Q3	0.058	0.023	0.001	0.019	-0.008

Select Donor Pool

result <- draw_donorpool(data = hcw_data,
 target_name = "Hong Kong",
 donorpool_name = NULL,
 time_name = "date",
 period = 20, 
 nvmax = 6)

Draw the Results

plot_sim_result(result)

plot_delta(result)

Do Placebo Test

placebo_time(result, lead_period = 5)

placebo_unit(result)