monash_2295.pdf (292.89 kB)
Download file

Using R to teach econometrics

Download (292.89 kB)
journal contribution
posted on 07.06.2017, 03:59 by Racine, Jeff, Hyndman, Rob J.
R, an open-source programming environment for data analysis and graphics, has in only a decade grown to become a de-facto standard for statistical analysis against which many popular commercial programs may be measured. The use of R for the teaching of econometric methods is appealing. It provides cutting-edge statistical methods which are, by R's open-source nature, available immediately. The software is stable, available at no cost, and exists for a number of platforms, including various flavors of Unix and Linux, Windows (9x/NT/2000), and the MacOS. Manuals are also available for download at no cost, and there is extensive on-line information for the novice user. This review focuses on using R for teaching econometrics. Since R is an extremely powerful environment, this review should also be of interest to researchers.


Year of first publication



Department of Econometrics and Business Statistics

Usage metrics