Hi, cemers,
I am currently using cem to examine whether domestic firms being geographically close to foreign firms affects their exports (the geogrpahical proximity is the treatment). After cem (over a set of firm characteristics, such as firm size), I obtained
the imabalance indicator:
Multivariate L1 distance: 1.9969533
However, the manual says that L1 shall be between 0 and 1. Can anybody help?
Cheers
Sun