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.
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
Reviews & Ratings
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