EconBase
← All papers

Unifying regression-based and design-based causal inference in time-series experiments

Zhexiao Lin, Peng Ding

arXiv 26 Oct 2025 · Statistics — Methodology

arXiv:2510.22864 · PDF · Extracted main text

Abstract

Time-series experiments, also called switchback experiments or N-of-1 trials, play increasingly important roles in modern applications in medical and industrial areas. Under the potential outcomes framework, recent research has studied time-series experiments from the design-based perspective, relying solely on the randomness in the design to drive the statistical inference. Focusing on simpler statistical methods, we examine the design-based properties of regression-based methods for estimating treatment effects in time-series experiments. We demonstrate that the treatment effects of interest can be consistently estimated using ordinary least squares with an appropriately specified working model and transformed regressors. Our analysis allows for estimating a diverging number of treatment effects simultaneously, and establishes the consistency and asymptotic normality of the regression-based estimators. Additionally, we show that asymptotically, the heteroskedasticity and autocorrelation consistent variance estimators provide conservative estimates of the true, design-based variances. Importantly, although our approach relies on regression, our design-based framework allows for misspecification of the regression model.

Citation extraction

45
references
78
in-text mentions
45
distinct cited
9
self-citations
12,290
main-text words

appendix boundary found by appendix_command · 46% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Bojinov, I. and Shephard, N (2019) Time series experiments and causal estimands: exact randomization tests and trading1.000144100%
2Gao, M. and Ding, P (2023) Causal inference in network experiments: regression-based analysis and design-based properties self0.9285380%
3Liang, T. and Recht, B (2025) Randomization inference when n equals one0.87452100%
4Aronow, P. M. and Samii, C (2017) Estimating average causal effects under general interference, with application to a social network experiment0.64422100%
5Greene, W. H (2003) Econometric analysis0.64422100%
6Leung, M. P (2022) Causal inference under approximate neighborhood interference0.64422100%
7Lin, W (2013) Agnostic notes on regression adjustments to experimental data: Reexamining freedman's critique0.64422100%
8Ni, T., Bojinov, I., and Zhao, J (2023) Design of panel experiments with spatial and temporal interference0.64422100%
9Chandrasekhar, A. G., Jackson, M. O., McCormick, T. H., and Thiyages… (2023) General covariance-based conditions for central limit theorems with dependent triangular arrays0.5114225%
10Chen, L. H. and Shao, Q.-M (2004) Normal approximation under local dependence0.5113233%

Showing the top 10 of 45 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1When are time series predictions causal? The potential system and dynamic causal effects0.73732
2Calibrated Horizon-Weighted Local Projection Designs for Markov Switchbacks0.64422
3Randomization Tests in Switchback Experiments0.51121
4Design-Based Inference for Time-Series GMM0.40511