import sys
from pathlib import Path
ROOT = next(
p for p in [Path.cwd(), *Path.cwd().parents]
if (p / "scripts/tranche50_report.py").exists()
)
sys.path.insert(0, str(ROOT / "scripts"))
from tranche50_report import reportTrade and Investment under Policy Uncertainty: Theory and Firm Evidence
Kyle Handley; Nuno Limao (2015) · American Economic Journal: Economic Policy
report("aeraej-420", tranche="tranche150")Kyle Handley; Nuno Limao (2015). American Economic Journal: Economic Policy. Table 1, column 1: EU-10 accession and aggregate exports.
Source specification
This is the paper’s original binary-accession specification in Table 1, not its continuous-uncertainty headline in Table 3. The EU-Spain interaction and macro controls are retained. Source point estimates are replicated; comparison inference clusters by country rather than using the source HC1 covariance.
| Source coefficient | Template on source sample | Source N | Template source-sample N |
|---|---|---|---|
| 0.23188 | 0.23188 | 1305 | 1304 |
Source-to-template coefficient difference: 4.27e-14, in original outcome units.
| Role | Column |
|---|---|
| Outcome | ln_total_all |
| Treatment | eu_10_post |
| Unit | country |
| Time | year |
| Cluster | country |
4 retained control columns. eu_es_post; ln_rgdp; ln_def; ln_ex
Estimates below divide the outcome by its source-sample standard deviation, 3.06543. Static TWFE is the treatment coefficient. Dynamic TWFE, BJS and Sun–Abraham average supported post-treatment cells by observation count. CS-DID additionally reports an equal-event-time average.
Analysis sample and treatment timing
| Observations | Units | Treated | Control units | Cohorts | Clusters |
|---|---|---|---|---|---|
| 1303 | 138 | 9 | 129 | 1 | 138 |
| Sample restriction | Count |
|---|---|
| additional rows removed | 1 |
Adoption is the first observed treated period. Initially treated units and units without an observed minus-one baseline are excluded. Post-adoption untreated rows are excluded for switching policies. The plot shows at most 100 seeded-sample units; estimation uses the full eligible sample. Empty cells remain missing.
y__d: 100 of 138 units shown (seed 20261008). All eligible units enter estimation. Purple: untreated; yellow: treated; white: unobserved.
Estimates
| Estimator | Estimate (SD) | SE | 95% lower | 95% upper | Target | Status |
|---|---|---|---|---|---|---|
| Static TWFE | 0.075644 | 0.035468 | 0.0055075 | 0.14578 | Coefficient | estimated |
| Dynamic TWFE | 0.034941 | 0.03725 | -0.038718 | 0.1086 | Treated cells | estimated |
| BJS / did2s | 0.076517 | 0.035222 | 0.0068691 | 0.14617 | Treated cells | estimated |
| Sun–Abraham | 0.034941 | 0.03725 | -0.038718 | 0.1086 | Treated cells | estimated |
| CS-DID (equal event-time) | nan | nan | nan | nan | Equal post-event times | unidentified |
| SDID | nan | nan | nan | nan | Treated cells | unsupported |
| Matrix completion | nan | nan | nan | nan | Treated cells | unsupported |
| Horizontal ridge | nan | nan | nan | nan | Treated cells | unsupported |
| Multisynth (cohort-averaged) | nan | nan | nan | nan | Treated cells | unsupported |
| Multisynth (individual) | nan | nan | nan | nan | Treated cells | unsupported |
Intervals use the configured clusters and the estimator’s available inference. Hollow points have no computed interval; no new refit-bootstrap batch is run.
| Estimator | Reason |
|---|---|
| CS-DID (equal event-time) | UnidentifiedTarget: CS-DID cannot estimate 5 observed post-treatment group-time cells with the configured controls; no target cells were dropped. See csdid-group-time.json and package log. |
| SDID | sdid: this adapter does not implement covariate adjustment; controls retained. |
| Matrix completion | matrix-completion: this adapter does not implement covariate adjustment; controls retained. |
| Horizontal ridge | horizontal-ridge: this adapter does not implement covariate adjustment; controls retained. |
| Multisynth (cohort-averaged) | multisynth-cohort: this adapter does not implement covariate adjustment; controls retained. |
| Multisynth (individual) | multisynth-individual: this adapter does not implement covariate adjustment; controls retained. |
Event studies
Cohort homogeneity
The imported TestingInEventStudies deviations design tests positive-event-time cohort deviations jointly. This is the homoskedastic nested-model F-test; the estimator confidence intervals above use clustered inference.
**y__d: homogeneity test not identified.** Only one treated cohort remains on the common supported sample.
Fitting settings and checks
| Specification | Estimator | Settings | Pooling |
|---|---|---|---|
| y__d | CS-DID | {} | {} |
| y__d | SDID | {} | {} |
| y__d | Matrix completion | {} | {} |
| y__d | Horizontal ridge | {} | {} |
| y__d | Multisynth (cohort-averaged) | {} | {} |
| y__d | Multisynth (individual) | {} | {} |
{
"did2s_vs_direct_imputation_max_post_difference": 3.115375720591507e-08,
"package_aggregate_vs_estimable_cell_weights": null
}