Re: Econometrics in Panel data?

In article <44606dd5$0$3285$5a62ac22@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx>,
DeepBlue <123@xxxxxxx> wrote:
so are you saying that Python is not an appropriate language for doing
econometrics stuff?


Dennis Lee Bieber wrote:
On Tue, 09 May 2006 05:58:10 +0800, DeepBlue <123@xxxxxxx> declaimed the
following in comp.lang.python:

Hi all,

I am new to Python. Just wondering can Python able to do econometric
regression in either Time-series or pooled (panel) data? As well as test
for hetero, autocorrelation, or endogeneity?

Can you do such in FORTRAN, COBOL, SNOBOL, APL, C, Matlab, Maple,
Excel, Turing Machine? Most likely...

Is there a pre-built library to compute such? No idea...
.
.
.
While I count on Dennis to speak for himself, I'll interrupt
and say that, yes, Python is an appropriate language for
econometrics--but not an ideal one.

There's been quite a bit of Python-based work on financial
analytics in the past. I don't have a convenient handle on
who all has done this, and what they've done, but I'm certain
that research will yield results. Python boasts quite a few
general advantages that make it apt for these tasks.

There is not, however, a readily-accessible library targeted
for this sort of work. If I had the opportunity to work in
econometrics now, I'd think seriously about R, Lisp, and
Mathematica, and see what's available among the functional
languages, along with Python.
.

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