4 of the Best Free Linux Econometrics Software
Jun 21, 2010, 18:03 (0 Talkback[s])
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"Econometric software is statistical software that is
specialised for econometric analysis. This type of software offers
regression analysis including time-series analysis and
cross-sectional analysis. Modern econometric software enhances the
process of model formulation, estimation and validation, and
provides helpful graphical information as well as tables of output.
They are important tools in the analysis of stock markets, budget
planning, and aid in decision making by policy makers.
"For many years the computer package SAS (developed by the SAS
Institute) has dominated the econometric software market. Other
prominent software includes GAUSS, OxMetrics, Stata, and SPSS. All
of these applications are high quality and available for Linux.
However, they are commercial software released under proprietary
software licenses. The purpose of this article is to identify open
source software which allow users to perform econometric
"To provide an insight into the quality of software that is
available, we have compiled a list of 4 high quality open source
econometric software. Hopefully, there will be something of
interest here for anyone who wants to use econometrics in everyday
life. Also worthy of a mention is X-12-ARIMA, a specialist
open-source seasonal adjustment software used by the U.S. Census
"Now, let's explore the 4 econometric applications at hand. For
each title we have compiled its own portal page, a full description
with an in-depth analysis of its features, together with links to
relevant resources and reviews."