Javier Gardeazabal and Ainhoa Vega-Bayo, "An Empirical Comparison Between the Synthetic Control Method and Hsiao et al.'s Panel Data Approach to Program Evaluation", Journal of Applied Econometrics, Vol. 32, No. 5, 2017, pp. 983-1002. There are three ADCII text files, which are zipped in the file gvb-files.zip. These files are in DOS format, so Unix/Linux users should use "unzip -a". synth-panel.txt: This file contains the data for the empirical application of the Sierra Leone and Arab-Israeli wars. simulation-DGP.R: This file includes the code used to generate the simulation data. It uses an auxiliary data file for part of the DGP, called rgdpl1980.txt. Users should refer to the supporting information from Cheng Hsiao, H. Steve Ching, and Shui Ki Wan, "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, Vol. 27, No. 5, 2012, pp. 705-740 at the following web address: http://qed.econ.queensu.ca/jae/datasets/hsiao003/ for the data used in the empirical application of the Political and Economic Integration of Hong Kong The data used for the empirical application of the Sierra Leone and Arab-Israeli wars consists of a panel data, in long format, with 41 countries: [1] Albania [2] Australia [3] Austria [4] Bahrain [5] Barbados [6] Belgium [7] Belize [8] Benin [9] Botswana [10] Brazil [11] Brunei [12] Bulgaria [13] Canada [14] Denmark [15] Fiji [16] Finland [17] Germany [18] Guyana [19] Iceland [20] Ireland [21] Israel [22] Italy [23] Jamaica [24] Japan [25] Jordan [26] Luxembourg [27] Malawi [28] Maldives [29] Malta [30] Mauritius [31] Mongolia [32] Namibia [33] Norway [34] Poland [35] SierraLeone [36] Singapore [37] Swaziland [38] Sweden [39] Switzerland [40] Tonga [41] Zambia The only variable we used is the log of real GDP per capita, Laspeyres index, from the Penn World Table 7.0. The time series observations for each country range from the year 1957 to the year 2009. For the Sierra Leone civil war application, we use the annual log real GDP per capita from 1970 to 2009. For the Arab-Israeli war application, we use the annual log real GDP per capita from 1957 to 1975. For each of the two cases we use all the the countries that have data available for them. The file simulation-DGP.R includes R code used to generate data for both simulations. This file shows how the different DGPs of the two simulations explained in the paper are generated. For each of the 10,000 iterations used in the simulations, one simulated dataset is generated. The file uses an auxiliary data file, rgdpl1980.txt, for the individual effects and the covariate part of the DGP. This auxiliary data file, rgdpl1980.txt, consists of the log of real GDP per capita, Laspeyres index, from the Penn World Table 7.0, for the year 1980 for 157 countries.