@article{ART002844911,
author={Cruz A. Echevarría and Serhat Hasancebi and Javier García-Enríquez},
title={Economic Effects of Macao’s Integration with Mainland China: A Causal Inference Study},
journal={Journal of Economic Integration},
issn={1225-651X},
year={2022},
volume={37},
number={2},
pages={179-215},
doi={https://doi.org/10.11130/jei.2022.37.2.179}
}

TY - JOUR
AU - Cruz A. Echevarría
AU - Serhat Hasancebi
AU - Javier García-Enríquez
TI - Economic Effects of Macao’s Integration with Mainland China: A Causal Inference Study
T2 - Journal of Economic Integration
JO - Journal of Economic Integration
PY - 2022
VL - 37
IS - 2
PB - 경제통합연구소
SP - 179
EP - 215
SN - 1225-651X
AB - Macao was a Portuguese colony until 1999, when its sovereignty was transferred to China, initiating its integration process. This article attempts to estimate the consequences of this socio-economic process in terms of per capita gross domestic product (GDP). We build a panel data set spanning 1970 to 2012, with 25 countries, setting 2000 as the initial treatment year for the integration process. The analysis is carried out through two alternative methodologies: the synthetic control method and the panel data approach. The integration treatment had a significant, positive effect on Macao’s per capita GDP. As additional outcome variables, we also analyze the effects of integration on the per capita net inflow of foreign direct investment, the unemployment rate, and the per capita exports and imports of goods and services.
KW - comparative case studies, synthetic control method, panel data approach, causal inference, integration, Macao
DO - https://doi.org/10.11130/jei.2022.37.2.179
ER -

Cruz A. Echevarría, Serhat Hasancebi and Javier García-Enríquez. 2022, "Economic Effects of Macao’s Integration with Mainland China: A Causal Inference Study", Journal of Economic Integration, vol.37, no.2 pp.179-215. Available from: doi:https://doi.org/10.11130/jei.2022.37.2.179

Cruz A. Echevarría, Serhat Hasancebi, Javier García-Enríquez "Economic Effects of Macao’s Integration with Mainland China: A Causal Inference Study" Journal of Economic Integration 37.2 pp.179-215 (2022) : 179.

Cruz A. Echevarría, Serhat Hasancebi, Javier García-Enríquez. Economic Effects of Macao’s Integration with Mainland China: A Causal Inference Study. 2022; 37(2), 179-215. Available from: doi:https://doi.org/10.11130/jei.2022.37.2.179

Cruz A. Echevarría, Serhat Hasancebi and Javier García-Enríquez. "Economic Effects of Macao’s Integration with Mainland China: A Causal Inference Study" Journal of Economic Integration 37, no.2 (2022) : 179-215.doi: https://doi.org/10.11130/jei.2022.37.2.179

Cruz A. Echevarría; Serhat Hasancebi; Javier García-Enríquez. Economic Effects of Macao’s Integration with Mainland China: A Causal Inference Study. Journal of Economic Integration, 37(2), 179-215. doi: https://doi.org/10.11130/jei.2022.37.2.179

Cruz A. Echevarría; Serhat Hasancebi; Javier García-Enríquez. Economic Effects of Macao’s Integration with Mainland China: A Causal Inference Study. Journal of Economic Integration. 2022; 37(2) 179-215. doi: https://doi.org/10.11130/jei.2022.37.2.179

Cruz A. Echevarría, Serhat Hasancebi, Javier García-Enríquez. Economic Effects of Macao’s Integration with Mainland China: A Causal Inference Study. 2022; 37(2), 179-215. Available from: doi:https://doi.org/10.11130/jei.2022.37.2.179

Cruz A. Echevarría, Serhat Hasancebi and Javier García-Enríquez. "Economic Effects of Macao’s Integration with Mainland China: A Causal Inference Study" Journal of Economic Integration 37, no.2 (2022) : 179-215.doi: https://doi.org/10.11130/jei.2022.37.2.179