Annual World Bank World Development Indicators data from 2005 to 2024, used to assess the causal effect of the 2018 U.S.-China tariff shock on Vietnam's economy. The dataset, created by Percy Taabazuing and hosted on Harvard Dataverse, applies the Synthetic Control Method to compare Vietnam's actual performance against a constructed counterfactual. Results indicate Vietnam's FDI net inflows exceeded the synthetic benchmark by 76.6% and industrial value added by 28.7% by 2024.
Use Cases
- Estimating causal treatment effects of trade shocks based on the Synthetic Control Method described.
- Analyzing trends in foreign direct investment net inflows for Vietnam over a 20-year period.
- Studying the relationship between industrial value added and global supply chain reorganization.
- Conducting placebo permutation tests and calculating post-/pre-RMSPE ratios for statistical validation as mentioned in the study.
Strengths
- Covers a 20-year time range from 2005 to 2024, providing a long-term perspective.
- Reports specific, statistically significant effect sizes: a 76.6% increase in FDI net inflows and a 28.7% increase in industrial value added by 2024 compared to a synthetic counterfactual.
- Uses established World Bank World Development Indicators as a data source.
Limitations
- Column-level documentation is absent; field semantics must be inferred after download.
- Row count is unknown, which may limit suitability assessment.
- The dataset's specific file formats and structure are not described.
Provenance
- Source
- World Bank World Development Indicators (WDI)
- Collection Method
- Aggregate macroeconomic data compiled annually, analyzed using the Synthetic Control Method.
- Time Range
- 2005–2024
- Freshness
- Last updated 2026-07-22 02:52:13; freshness should be verified.
- Geography
- Vietnam, with a donor pool of other emerging economies for counterfactual construction.