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Applied Econometrics with R (Paperback, 2008 ed.)
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Applied Econometrics with R (Paperback, 2008 ed.)
Series: Use R!
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R is a language and environment for data analysis and graphics. It
may be considered an implementation of S, an award-winning language
initially - veloped at Bell Laboratories since the late 1970s. The
R project was initiated by Robert Gentleman and Ross Ihaka at the
University of Auckland, New Zealand, in the early 1990s, and has
been developed by an international team since mid-1997.
Historically, econometricians have favored other computing
environments, some of which have fallen by the wayside, and also a
variety of packages with canned routines. We believe that R has
great potential in econometrics, both for research and for
teaching. There are at least three reasons for this: (1) R is
mostly platform independent and runs on Microsoft Windows, the Mac
family of operating systems, and various ?avors of Unix/Linux, and
also on some more exotic platforms. (2) R is free software that can
be downloaded and installed at no cost from a family of mirror
sites around the globe, the Comprehensive R Archive Network (CRAN);
hence students can easily install it on their own machines. (3) R
is open-source software, so that the full source code is available
and can be inspected to understand what it really does, learn from
it, and modify and extend it. We also like to think that platform
independence and the open-source philosophy make R an ideal
environment for reproducible econometric research.
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