Systematic review presents statistical analyses in econometrics using R packages, suggesting vital insights.
Econometrics unifies statistics (and mathematics) with economics to quantitatively analyze economic phenomena based on the concurrent development of theory and observation. A very popular statistical software is R that offers packages related to econometrics, and the evolution of R has also led to the growth of econometrics related packages. A systematic review of these packages is presented in this paper. Further, statistical analyses are performed including descriptive and inferential statistics, along with text mining to compute the word frequency, association among words (n-grams & correlations) and topic modelling.
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Michelaki et al. (2025) studied this question.
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