- Paperback: 459 pages
- Publisher: Wiley; 3 edition (January 2, 2008)
- Language: English
- ISBN-10: 0470185465
- ISBN-13: 978-0470185469
- Product Dimensions: 8.5 x 1 x 10.9 inches
- Shipping Weight: 2.4 pounds
- Average Customer Review: 8 customer reviews
- Amazon Best Sellers Rank: #2,085,270 in Books (See Top 100 in Books)
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Using Stata for Principles of Econometrics 3rd Edition
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That said, whoever proofed the text missed numerous glaring errors in spacing. Words in paragraphs are often split ("paragraph" becoming "par agraph" for no justifiable reason), which I found made the text more difficult to read. I found it extremely irritating, and felt like it cheapened the value of the book I had paid something like $85 for; that said, the content was still worth it.
Finally, I wish that the authors had chosen to make more use of built-in Stata commands for advanced techniques instead of manually constructing the results from alternate methods. To clarify: for some concepts, such as generating a VEC model to test for cointegration, the authors preferred to perform a regression on lagged and differenced values of the underlying variables, instead of simply using the command "vecrank" to do the same in a single step. This approach may be favored for purposes of learning the underlying econometric concepts, but I personally prefer to use the software to its fullest extent, which means making use of all methods available to make my life easier.
Please see my comments on the PoE textbook regarding my full evaluation of the PoE "package". You will also see that my comment is almost identical for the EViews accompanying computer book.
The Econometrics in the book is simpler than what's found in Stock and Watson and by Gujarati, for instance.
There are screenshots of Stata in the book as well as the respective Stata codes for those who would like to use the buttons on Stata. I could describe this book as a well-written user's manual. The book comes with complementary data sets that are used as examples in the book, so students can use the data set and replicate the codes found in the book for practice.
I haven't found this book useful as a grad student doing empirical work. The Econometrics concepts are elementary.
I found this book very useful. Before reading this book I had taken 2 courses in econometrics. We used the book by Greene. The treatment of that book and that of my Prof. was very theoretical. I wanted a more " how to do the stuff" approach and this book satisfied that need.