研究生: |
周宗翰 Chou, Tsung-Han |
---|---|
論文名稱: |
使用無效工具進行工具變數回歸時的雙重機器學習方法:封城是否有效? A Double Machine Learning Approach for Instrumental Variables Regression with Invalid Instruments: Did Lockdowns Work? |
指導教授: |
楊睿中
Yang, Jui-Chung |
口試委員: |
李宜
Lee, Yi 區俊傑 Ao, Chon-Kit |
學位類別: |
碩士 Master |
系所名稱: |
科技管理學院 - 經濟學系 Department of Economics |
論文出版年: | 2021 |
畢業學年度: | 109 |
語文別: | 英文 |
論文頁數: | 35 |
中文關鍵詞: | COVID-19 、雙重機器學習方法 、無效工具變數 、Lasso |
外文關鍵詞: | Invalid instruments |
相關次數: | 點閱:3 下載:0 |
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透過考慮封城的內生性,本研究了封城對COVID-19在中國傳播的影響。我們發現封城顯著降低了中國城市每日新增確診病例的增長率。更重要的是,如此顯著的影響考慮到了無效工具的控制。現有關於COVID-19傳播的文獻研究使用兩週之前的天氣變量作為工具變數。但是,無症狀感染者可能會導致以天氣做為工具變數無效。我們利用Chernozhukov等人(2018)提出的雙重機器學習方法(Double machine learning)來進行估計。具體來說,本文將Kolesár(2015)等人提出的條件改寫為Neyman 正交條件,透過 Lasso 和 post-Lasso 估計干擾參數,並通過交叉驗證的兩階段最小平方法估計關注的參數。結果發現,封城使每日新增確診病例的成長率顯著降低了14%,而如果不考慮內生性,效果會被低估,約6%。
By taking into account the endogeneity of lockdowns, we examine the effect
of lockdowns on the spread of COVID-19 in China. We find that lockdowns
significantly reduce the rate of the increase in daily new confirmed cases of China
cities. More importantly, such a significant effect takes into account the control
of invalid instruments. The existing literature study of the spread of COVID-19
used weather variables earlier than two weeks as instruments. However, countless
asymptomatic COVID-19 infections could lead to weather instruments being
invalid. These instruments are not only correlated with the lockdowns, but also
have a direct impact on the spread of the COVID-19. We use the double machine
learning approach of Chernozhukov et al. (2018) to achieve exact estimation.
Specifically, we rewrite the condition proposed by Koles´ar et al. (2015) to a
Neyman-orthogonal moment, estimate the nuisance parameters by post-Lasso
and Lasso, and identify the parameter of interest by 2SLS with cross-fitting. The
results show that lockdowns significantly reduced the spreading rate in daily new
confirmed cases at least by 12%, while if we do not take into account the
endogeneity, it will underestimate the effect as 6%.
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