An Overview of Economics and Econometrics Related R Packages
This study provides a systematic overview of 207 econometrics-related R packages identified through CRAN and the Econometrics Task View. Using descriptive and inferential statistics and text mining to compute the word frequency and association among words (n-grams and correlations), we evaluate the development patterns, documentation practices, publication outcomes, and methodological scope. The findings reveal that most packages are created by small-to-mid-sized teams in Europe and North America, with mid-sized collaborations and packages including vignettes being significantly more likely to achieve journal publication. While reverse dependencies indicate strong ecosystem integration, they do not predict publication, and Bayesian or dataset-only packages remain underrepresented. Growth has accelerated since 2010, but newer packages exhibit fewer updates, raising concerns about sustainability. These findings highlight both the central role of R in contemporary econometrics and the need for broader participation, methodological diversity, and long-term maintenance.
Authors
- Michail Tsagris (ORCID: https://orcid.org/0000-0002-2049-3063)
- Christos Adam (ORCID: https://orcid.org/0009-0003-3244-7034)
- Despina Michelaki
Institutions
- University of Crete (GR)
- Crete University Press (GR)
Publication Details
- Journal
- Stats
- Published
- 2025-09-26
- DOI
- https://doi.org/10.3390/stats8040085
- Primary Topic
- Data Analysis with R
- Type
- article
- Field-Weighted Citation Impact
- 0.00