wooldridge

Economics students new to both econometrics and R may find the simultaneous introduction to both a bit challenging. However, if your text is "Introductory Econometrics: A Modern Approach" by Jeffrey M. Wooldridge, then you are in luck!

The wooldridge data package aims to lighten the task by loading any data set from the text through a single command. The package contains documentation for each set and all data has been compressed to 62.73% of its original size. Just install the package, load it, and use the data() function to call the data set you need to work with.

But wait...there's more! Act now and you will receive the wooldridge-vignette!:sparkles: The vignette illustrates solutions to examples from each chapter of the text, offering a relevant introduction to econometric modelling with R. The vignette also includes an Appendix to helpful resources, such as Using R for Introductory Econometrics by Florian Hess.

While the course companion site also provides publicly available data sets for Eviews, Excel, MiniTab, and Stata commercial software, R is the open source option. Furthermore, using R while building a foundation in econometrics, can become the first step in a student's longer journey toward using the most innovative new methods in statistical computing for handling larger, more modern data sets.

Note: All data sets are from the 5th edition (Wooldridge 2013, ISBN-13: 978-1-111-53104-1), which is compatible with most other editions.

Installation

Install directly from CRAN, which depends on R version >= 3.4.0.

install.packages("wooldridge")

For developer version (with dependencies relaxed to R version >= 3.1.0), install from GitHub.

devtools::install_github("JustinMShea/wooldridge")

Note: the vignette may fail to build with older versions of R, knitr, and devtools. However, you can download that here and the data will still be accessible.

devtools::install_github("JustinMShea/wooldridge", build_vignettes = TRUE)

Example

Load the wooldridge package and use the data() function to load the desired data set. Data set names match those in the text.

library(wooldridge)

data("jtrain")

View the jtrain data set

View(jtrain)

Check out the documentation on jtrain, including variable column names and what they are.

?jtrain

In addition, load the wooldridge-vignette for a recreation of examples from the text.

 vignette("wooldridge-vignette")