OxMetrics

OxMetrics is a comprehensive econometrics software package developed by Jurgen A. Doornik and David F. Hendry at the University of Oxford. It encompasses a wide range of tools for econometric analysis, forecasting, statistical analysis, and data visualization. OxMetrics provides a user-friendly interface and a powerful programming language, Ox, for advanced statistical modeling.

The software is designed to cater to both novice and experienced users, offering a balance between interactive point-and-click operations and the flexibility of scripting. Key features of OxMetrics include linear regression, time series analysis, panel data analysis, forecasting techniques, and limited dependent variable models. It also supports a variety of estimation methods, diagnostic tests, and model evaluation procedures.

OxMetrics is widely used in academic research, government institutions, and financial organizations for economic modeling, policy analysis, and forecasting. The software is modular, allowing users to purchase and install only the components relevant to their specific needs. Several add-on modules are available, focusing on areas such as financial econometrics, forecasting, and specific econometric methodologies. The modular structure contributes to its flexibility and cost-effectiveness. The Ox programming language, integral to OxMetrics, facilitates the development of custom models and extensions, further enhancing its versatility.