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Software-Illustrated Explanations of Econometrics Contributions by CR Rao for his 100-th Birthday

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  • H. D. Vinod

    (Fordham University, Bronx)

Abstract

Since the vast array of scientific contributions by Dr. C. R. Rao are difficult to summarize in a short paper, we focus on (1) concepts relevant for applied statisticians including econometricians, (2) using the R software to explain the concepts to be better understood by Economics students who may lack sufficient background in mathematical statistics, (3) topics that are covered in publicly and freely available R packages. The range of R packages influenced by Rao’s research is impressive. Dr. Rao will be 100 years old in 2020, and it is high time the Economics profession recognizes and honors his foundational contributions to econometrics.

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  • H. D. Vinod, 2020. "Software-Illustrated Explanations of Econometrics Contributions by CR Rao for his 100-th Birthday," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 18(2), pages 235-252, June.
    • Handle: RePEc:spr:jqecon:v:18:y:2020:i:2:d:10.1007_s40953-020-00209-9
    DOI: 10.1007/s40953-020-00209-9
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    References listed on IDEAS

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    1. B. D. McCullough & H. D. Vinod, 2003. "Econometrics and Software: Comments," Journal of Economic Perspectives, American Economic Association, vol. 17(1), pages 223-224, Winter.
    2. T. S. Breusch & A. R. Pagan, 1980. "The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(1), pages 239-253.
    3. Vinod, H. D., 1976. "Canonical ridge and econometrics of joint production," Journal of Econometrics, Elsevier, vol. 4(2), pages 147-166, May.
    4. Vinod, Hrishikesh D. & Lopez-de-Lacalle, Javier, 2009. "Maximum Entropy Bootstrap for Time Series: The meboot R Package," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 29(i05).
    5. Newey, Whitney K, 1990. "Semiparametric Efficiency Bounds," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 5(2), pages 99-135, April-Jun.
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    Cited by:

    1. B. L. S. Prakasa Rao & H. D. Vinod, 2022. "Introduction to the Special Issue in Honor of Professor C. R. Rao," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 20(1), pages 1-6, September.
    2. H. D. Vinod, 2022. "Bootstrap Version of Rao–Blackwellization to Two-Step and Instrumental Variable Estimators," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 20(1), pages 49-69, September.

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