LIMDEP
LIMDEP is econometrics software used for economic modeling and forecasting. It has tools for estimating a wide variety of models including regression, simultaneous equations, qualitative response, time series, panel data, and more.
econometrics
modeling
forecasting
regression
equations
LIMDEP: Econometrics Software
Econometrics software for economic modeling and forecasting, including tools for regression, simultaneous equations, qualitative response, time series, panel data, and more.
What is LIMDEP?
LIMDEP (Limited Dependent Variable Modeling) is proprietary econometrics software developed and sold by Econometric Software, Inc. It is used by economists, statisticians, analysts, and other researchers for economic modeling, forecasting, data analysis, and policy evaluation.
Some key features of LIMDEP include:
- Tools for estimating a wide variety of econometric models including regression models, simultaneous equation models, qualitative and limited dependent variable models, time series models, panel data and longitudinal data models, and more.
- Cross-section, time series, pooled cross-section time series, and panel data manipulation and visualization.
- Easy to use interface for specifying and testing model structures.
- Forecasting capabilities including ex-ante policy simulation.
- Interfaces to data from text files, spreadsheets, SQL databases, among others.
- Can be run in batch mode for repetitive tasks.
- Includes extensive documentation and help.
LIMDEP is used heavily in academia for research in economics, business, public policy, health care, transportation, and other areas involving statistical analysis and modeling. It is also used by government agencies, consulting firms, and companies for forecasting, policy analysis, predictive modeling, and data mining.
LIMDEP Features
Features
- Regression analysis
- Simultaneous equation models
- Qualitative and limited dependent variable models
- Time series analysis
- Panel data analysis
- Forecasting
- Data manipulation and programming language
Pricing
- One-time Purchase
- Subscription-Based
Pros
Wide range of econometric models supported
User-friendly interface
Good documentation and help files
Data management capabilities
Programming language for customization
Cons
Steep learning curve
Expensive licensing
Limited graphical capabilities
Not open source
Official Links
The Best LIMDEP Alternatives
Top Business & Commerce and Econometrics & Forecasting and other similar apps like LIMDEP
Here are some alternatives to LIMDEP:
Suggest an alternative ❐
R (programming language)
R is an open-source programming language and free software environment for statistical computing, bioinformatics, graphics, data science, and general-purpose programming. The R language provides a wide variety of statistical analysis techniques and graphical capabilities which make it a popular choice for data analysis and visualization.Some key features of R include:Open-source...
IBM SPSS Statistics
IBM SPSS Statistics is a comprehensive software platform for statistical analysis in business, science, and social science research. First released in 1968, SPSS Statistics helps users apply complex statistical analyses and predictive analytics to unlock impactful insights from data.Key features and capabilities of SPSS Statistics include:Descriptive statistics like means, standard...
Minitab
Minitab is a comprehensive software package used for statistical analysis and quality improvement applications. It has a wide range of analytical capabilities including basic statistics, regression analysis, design of experiments, statistical process control charts, reliability analysis, and more.Some key features and benefits of Minitab:User-friendly spreadsheet-style interface for entering, viewing, and...
RStudio
RStudio is a popular open-source IDE for R, a programming language for statistical computing and graphics. It provides a user-friendly graphical user interface that makes working with R much easier by integrating tools for plotting, debugging, workspace management, and other features.Some key features of RStudio include:Code editor with syntax highlighting,...
STATISTICA
STATISTICA is a powerful and comprehensive data analysis software suite that has been developed over 30+ years by StatSoft. It provides analytics capabilities for a wide range of industries and applications.Key features of STATISTICA include:Advanced data visualization with interactive dashboards, graphs and chartsPredictive analytics and data mining algorithms like regression,...
Stata
Stata is statistical software that is widely used by researchers in economics, political science, biomedicine, sociology, and other fields that require advanced statistical analysis and data visualization capabilities. It was first launched in 1985 by StataCorp and has since become one of the most popular statistical packages in academic research.Some...
RKWard
RKWard is a free and open-source integrated development environment for the R statistical programming language. It provides a graphical user interface that allows users to work with R without needing to manually type code.Some key features of RKWard include:Code editor with syntax highlighting, auto-completion and other productivity toolsData viewer to...
PSPP
PSPP is a free and open source alternative to the proprietary IBM SPSS Statistics software. It aims to provide similar capabilities and features for statistical analysis, data management, and graphics as SPSS Statistics does, while being available at no cost under the GNU General Public License.Some key features and capabilities...
SOFA Statistics
SOFA Statistics is a user-friendly, open-source statistics, analysis, and reporting tool that runs as a desktop application on Windows, Mac, and Linux. It provides an extensive range of statistical methods and visualization tools for exploratory data analysis, data cleaning, model fitting, results reporting, and dashboard creation.Some key features of SOFA...
The R Commander
The R Commander is a basic-statistics graphical user interface for R, an open source programming language and software environment for statistical analysis, data manipulation, and graphics visualization. The R Commander provides a simple way to utilize many R features through menus, dialog boxes, and other user interface controls rather than...
Wizard Pro
Wizard Pro is a leading digital design and prototyping platform used by designers, developers, product managers, and marketers to design, prototype, and share interactive app and website mockups. It provides a quick and simple way to create wireframes, prototypes, UI specs, style guides, design systems, and high-fidelity interactive prototypes for...
PAST - PAlaeontological STatistics
PAST is a comprehensive, user-friendly software package for scientific data analysis, with a focus on paleontology and paleobiology research. Developed by researchers at the University of Oslo, PAST provides a wide range of analytical tools and statistical tests within an intuitive graphical user interface.Key features of PAST include:Data manipulation -...
Statwing
Statwing is a cloud-based statistical analysis and reporting software designed for ease of use by non-technical people. It provides an intuitive drag-and-drop interface that allows users to quickly conduct statistical tests, make customizable graphs and charts, and generate reports without coding.Some key features of Statwing include:Conduct common statistical tests like...
