I will use the data and code from synth_runner help file to illustrate the problem.
Code:
clear all use smoking, clear tsset state year capture drop D program my_pred, rclass args tyear return local predictors "beer(`=`tyear'-4'(1)`=`tyear'-1') lnincome(`=`tyear'-4'(1)`=`tyear'-1')" end program my_drop_units args tunit if `tunit'==39 qui drop if inlist(state,21,38) if `tunit'==3 qui drop if state==21 end program my_xperiod, rclass args tyear return local xperiod "`=`tyear'-12'(1)`=`tyear'-1'" end program my_mspeperiod, rclass args tyear return local mspeperiod "`=`tyear'-12'(1)`=`tyear'-1'" end generate byte D = (state==3 & year>=1989) | (state==7 & year>=1988) * Specification 1 synth_runner cigsale retprice age15to24, d(D) pred_prog(my_pred) trends training_propr(`=13/18') drop_units_prog(my_drop_units)) xperiod_prog(my_xperiod) mspeperiod_prog(my_mspeperiod) * Specification 2: add cigsale(1980) as a potential predictor synth_runner cigsale cigsale(1980) retprice age15to24, d(D) pred_prog(my_pred) trends training_propr(`=13/18') drop_units_prog(my_drop_units)) xperiod_prog(my_xperiod) mspeperiod_prog(my_mspeperiod)
Specification 1 | |||
Post-treatment results: Effects, p-values, standardized p-values | |||
estimates | pvals | pvals_std | |
c1 | -0.027493 | 0.3002191 | 0.0021914 |
c2 | -0.0485773 | 0.1775018 | 0.0043828 |
c3 | -0.0921521 | 0.0394449 | 0 |
c4 | -0.1017043 | 0.0409058 | 0 |
c5 | -0.1270111 | 0.0241052 | 0 |
c6 | -0.1352273 | 0.0219138 | 0 |
c7 | -0.141674 | 0.0262966 | 0 |
c8 | -0.196867 | 0.0051132 | 0 |
c9 | -0.1754307 | 0.0124178 | 0 |
c10 | -0.1833944 | 0.0197224 | 0 |
c11 | -0.1910038 | 0.0233747 | 0 |
c12 | -0.1889059 | 0.0219138 | 0 |
Specification 2 | |||
Post-treatment results: Effects, p-values, standardized p-values | |||
estimates | pvals | pvals_std | |
c1 | -0.027493 | 0.3002191 | 0.0021914 |
c2 | -0.0485773 | 0.1775018 | 0.0043828 |
c3 | -0.0921521 | 0.0394449 | 0 |
c4 | -0.1017043 | 0.0409058 | 0 |
c5 | -0.1270111 | 0.0241052 | 0 |
c6 | -0.1352273 | 0.0219138 | 0 |
c7 | -0.141674 | 0.0262966 | 0 |
c8 | -0.196867 | 0.0051132 | 0 |
c9 | -0.1754307 | 0.0124178 | 0 |
c10 | -0.1833944 | 0.0197224 | 0 |
c11 | -0.1910038 | 0.0233747 | 0 |
c12 | -0.1889059 | 0.0219138 | 0 |
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