@misc{12856,
title = {Impact Evaluation of a Cluster Program: An Application of Synthetic Control Methods},
author = {Aboal, Diego and Crespi, Gustavo and Perera, Marcelo},
year = {2017},
doi = {10.18235/0000810},
abstract = {This paper analyzes the impact of a cluster tourism policy in the region of Colonia, Uruguay. The policy was implemented as part of an IDB-supported program. The study conducted a comparative analysis of Colonia vs. other tourism regions of the country applying a synthetic control method. This method of identifying the counterfactual is especially useful in comparative case studies where there are a limited number of control units. This is the first time that the synthetic control method hasbeen applied to a cluster policy. The estimations show a positive impact of the cluster program on the inflow of international tourists to Colonia of 30 percent in the period 2008–2015; however, no significant impact on total expenditure was found.},
url = {https://doi.org/10.18235/0000810}
}