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The loo option re-runs the SCM after excluding each weighted donor state one at a time: synth2 cigsale lnincome age15to24 retprice beer /// cigsale(1988) cigsale(1980) cigsale(1975), /// trunit(3) trperiod(1989) xperiod(1980(1)1988) /// nested loo frame(california) savegraph(california, replace) Results Leave-one-out treatment effects: Time | Treatment Effect Treatment Effect (LOO) | Min Max 1989 | -7.3304 -9.9509 -5.9892 1994 | -22.0229 -24.7112 -20.0141 1997 | -23.9288 -30.6150 -17.9877 2000 | -25.6107 -28.3503 -23.4850 The treatment effect remains consistently negative and substantial across all LOO iterations

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