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Econometric packages and tools

randcoef

Description: Correlated Random Effects Estimation of the Random Coefficients Model

randcoef is a Stata module that estimates the Correlated Random Effects (CRE) model for panel data. It provides an alternative to traditional fixed effects or random effects by allowing for correlation between the unobserved heterogeneity and the observed regressors.

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wxsum

Description: Summary stats for temperature and precipitation data

wxsum is a Stata module to calculate summary statistics that incorporate spatial weighting matrices. This is particularly useful in spatial econometrics to understand the distribution of variables across geographical space or networks.

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