This repository contains the R code and supplementary materials for my master's thesis analyzing India's Production-Linked Incentive (PLI) policy using synthetic control methodology. The research evaluates the effectiveness of India's $1.5 billion industrial policy intervention across 14 sectors. 📊 Research Overview The study employs synthetic control causal inference methods to evaluate the impact of India's PLI scheme on:

Employment (EMP) Capital Stock (K_r) Industry-specific outcomes Manufacturing sector performance

Key Findings

Short-term increases observed in employment and capital stock Results not statistically significant (p-values: 0.214 and 0.714) Critical evaluation of "picking industries" approach Comparative analysis with non-manufacturing industries

🛠️ Methods & Tools

Programming Language: R Primary Method: Synthetic Control Causal Inference Key Libraries Used:

Synth (for synthetic control analysis) [Add other major R packages used]