Re:Econometrics In R
by schtono on Friday May 08, 2009 @06:10AM
(#599429)
I've had mainly 3 reasons to switch to R:
(1) It's free
(2) It has a huge repositoriy of libraries. There's hardly anything that you can't do with R. In my special case it was about hazard-rate models, which are barely implemented in other tools that I tried (namely EViews, SPSS)
(3) It has a BIG community behind it, which you can ask for help once you're stuck. I haven't found this kind of "service" in other software (namely, again, EViews).
(1) It's free
(2) It has a huge repositoriy of libraries. There's hardly anything that you can't do with R. In my special case it was about hazard-rate models, which are barely implemented in other tools that I tried (namely EViews, SPSS)
(3) It has a BIG community behind it, which you can ask for help once you're stuck. I haven't found this kind of "service" in other software (namely, again, EViews).