An Introduction to Modern Econometrics Using Stata, Second Edition

Autor: Christopher F. Baum
ISBM: 978-1-59718-457-1
Print Edition

An Introduction to Modern Econometrics Using Stata, Second Edition, by Christopher F. Baum, presents fundamental tools for performing applied research in economics. The book discusses econometrics and its application in Stata. But it provides much more: it encompasses the entire research workflow. The book illustrates data management, shows how to export your results from Stata into other formats to obtain publication-quality tables and graphs, presents programming concepts, and shows how to make your research reproducible. The book also highlights Stata's extensibility by presenting multiple community-contributed commands that are part of the Stata econometrics toolbox along with Stata's features.

This second edition comes 20 years after the first. Like the first edition, it introduces econometric methods, including linear regression, identifying and addressing failures of model assumptions, instrumental-variables estimation, panel-data analysis, and models for discrete and limited-dependent variables. This edition adds the key features and research results that have been incorporated in Stata since the first edition, such as factor variables, margins, working with multiple datasets in memory (frames), Python integration with Stata, new estimators for robust variances, and new panel-data commands. The Stata toolbox and applied research have evolved, and the second edition reflects this.

An Introduction to Modern Econometrics Using Stata can serve as a supplementary text in both undergraduate- and graduate-level econometrics courses, and the book’s examples will help students quickly become proficient in Stata. The book is also useful to economists and businesspeople wanting to learn Stata by using practical examples.