Year: 2025
Type: article
Abstract: Econometrics unifies statistics (and mathematics) with economics to quantitatively analyze economic phenomena based on the concurrent development of theory and observation. A very popular statistical software is \textit{R} that offers packages related to econometrics, and the evolution of \textit{R} has also led to the growth of econometrics related packages. A systematic review of these packages is presented in this paper. Further, statistical analyses are performed including descriptive and inferential statistics, along with text mining to compute the word frequency, association among words (n-grams \& correlations) and topic modelling.
Source: Stats
DOI: 10.3390/stats8040085
Institution: University of Crete
Language: English
Topic: Data Analysis with R
Subfield: Artificial Intelligence
Field: Computer Science
Domain: Physical Sciences
Open Access status: gold
Estimated APC paid: $1,930
OpenAlex ID: W4414553387