Take full advantage of the extra information that panel data provide while simultaneously handling the peculiarities of panel data. Study the time-invariant features within each panel, the relationships across panels, and how outcomes of interest change over time. Fit linear models or nonlinear models for binary, count, ordinal, censored, or survival outcomes with fixed-effects, random-effects, or population-averaged estimators. Fit dynamic models or models with endogeneity.
Multilevel mixed-effects models
Whether the groupings in your data arise in a nested fashion (cities nested in states and states nested in regions) or in a nonnested fashion (regions crossed with occupations), you can fit a multilevel model to account for the lack of independence within these groups. Fit models for continuous, binary, count, ordinal, and survival outcomes. Estimate variances of random intercepts and random coefficients. Compute intraclass correlations. Predict random effects. Estimate relationships that are population averaged over the random effects.
Estimate experimental-style causal effects from observational data. With Stata's treatment-effect estimators, we can use a potential-outcomes (counterfactuals) framework to estimate, for instance, the effect of an advertising campaign on voting. Fit models for continuous, binary, count, fractional, and survival outcomes with binary or multivalued treatments using inverse-probability weighting (IPW), propensity-score matching, nearest-neighbor matching, regression adjustment, or doubly robust estimators. If the assignment to a treatment is not independent of the outcome, you can use an endogenous treatment-effects estimator.
Account for missing data in your sample using multiple imputation. Choose from univariate and multivariate methods to impute missing values in continuous, censored, truncated, binary, ordinal, categorical, and count variables. Then, in a single step, estimate parameters using the imputed datasets, and combine results. Fit a linear model, logit model, Poisson model, hierarchical model, survival model, or one of the many other supported models. Use the mi command, or let the Control Panel interface guide you through your entire MI analysis.
Structural equation modeling (SEM)
Estimate mediation effects, analyze the relationship between an unobserved latent concept such as conservatism and the observed variables that measure conservatism, model a system with many endogenous variables and correlated errors, or fit a model with complex relationships among both latent and observed variables. Fit models with continuous, binary, count, ordinal, fractional, and survival outcomes. Even fit multilevel models with groups of correlated observations such as children within the same schools. Evaluate model fit. Compute indirect and total effects. Fit models by drawing a path diagram or using the straightforward command syntax.
Handle the statistical challenges inherent to time-series data—autocorrelations, common factors, autoregressive conditional heteroskedasticity, unit roots, cointegration, and much more. Analyze univariate time series using ARIMA, ARFIMA, Markov-switching models, ARCH and GARCH models, and unobserved-components models. Analyze multivariate time series using VAR, structural VAR, VEC, multivariate GARCH, dynamic-factor models, and state-space models. Compute and graph impulse responses. Test for unit roots.
Linear, binary, and count regressions
Fit classical linear models of the relationship between a continuous outcome, such as wage, and the determinants of wage, such as education level, age, experience, and economic sector. If your response is binary (for example, employed or unemployed), ordinal (education level), count (number of children), or censored (ticket sales in an existing venue), don't worry. Stata has maximum likelihood estimators—probit, ordered probit, Poisson, tobit, and many others—that estimate the relationship between such outcomes and their determinants. A vast array of tools is available to analyze such models. Predict outcomes and their confidence intervals. Test equality of parameters or any linear or nonlinear combination of parameters.
Build multiequation models, and produce forecasts of levels, trends, rates, etc. Whether you have a small model with a few equations or a complete model of the economy with thousands of equations, Stata can help you build that model and produce forecasts. Your model can include both estimated relationships and known identities. You can easily create and compare forecasts under different scenarios, create static and dynamic forecasts, and even estimate stochastic confidence intervals. You can create your model by using an intuitive command syntax or by using the interactive forecasting control panel.
Marginal means, contrasts, and interactions
Marginal effects and marginal means let you analyze and visualize the relationships between your outcome variable and your covariates, even when that outcome is binary, count, ordinal, categorical, or censored (tobit). Estimate population-averaged marginal effects, or evaluate marginal effects at interesting or representative values of the covariates. Analyze the effect of interactions. You can even trace out the marginal effect over a range of interesting covariate values or covariate interactions. You can do all of this with marginal means, sometimes called potential-outcome means, too—even when your "mean" is a probability of a positive outcome or a count from a Poisson model. If you have panel data and random effects, these effects are automatically integrated out to provide marginal (that is, population-averaged) effects.
Combine results of multiple studies to estimate an overall effect. Use forest plots to visualize results. Use subgroup analysis and meta-regression to explore study heterogeneity. Use funnel plots and formal tests to explore publication bias and small-study effects. Use trim-and-fill analysis to assess the impact of publication bias on results. Perform cumulative meta-analysis. Use the meta suite, or let the Control Panel interface guide you through your entire meta-analysis.
Fit Bayesian regression models using one of the Markov chain Monte Carlo (MCMC) methods. You can choose from a variety of supported models or even program your own. Extensive tools are available to check convergence, including multiple chains. Compute posterior mean estimates and credible intervals for model parameters and functions of model parameters. You can perform both interval- and model-based hypothesis testing. Compare models using Bayes factors. Compute model fit using posterior predictive values. Generate predictions.
Use lasso and elastic net for model selection and prediction. And when you want to estimate effects and test coefficients for a few variables of interest, inferential methods provide estimates for these variables while using lassos to select from among a potentially large number of control variables. You can even account for endogneours covariates. Whether your goal is model selection, prediction, or inference, you can use Stata's lasso features with your continuous, binary, and count outcomes.
Want to program your own commands to perform estimation, perform data management, or implement other new features? Stata is programmable, and thousands of Stata users have implemented and published thousands of community-contributed commands. These commands look and act just like official Stata commands and are easily installed for free over the Internet from within Stata. A unique feature of Stata's programming environment is Mata, a fast and compiled language with support for matrix types. Of course, it has all the advanced matrix operations you need. It also has access to the power of LAPACK. What's more, it has built-in solvers and optimizers to make implementing your own maximum likelihood, GMM, or other estimators easier. And you can leverage all of Stata's estimation and other features from within Mata. Many of Stata's official commands are themselves implemented in Mata.
Interact Stata code with Python code. You can interchange data between Stata and Python and pass results from Python back to Stata. You can call Python libraries such as NumPy, matplotlib, Scrapy, scikit-learn, and more from Stata.
Endogeneity and selection
When explanatory variables are related to omitted observable variables, or when they are related to unobservable variables, or when there is selection bias, then causal relationships are confounded, and parameter estimates from standard estimators produce inconsistent estimates of the true relationships. Stata can fit consistent models when there is such endogeneity or selection—whether your outcome variable is continuous, binary, count, or ordinal and whether your data are cross-sectional or panel. Stata can even combine endogenous covariates, selection, and treatment effects in the same model.
Analyze duration outcomes—outcomes measuring the time to an event such as failure or death—using Stata's specialized tools for survival analysis. Account for the complications inherent in survival data, such as sometimes not observing the event (censoring), individuals entering the study at differing times (delayed entry), and individuals who are not continuously observed throughout the study (gaps). You can estimate and plot the probability of survival over time. Or model survival as a function of covariates using Cox, Weibull, lognormal, and other regression models. Predict hazard ratios, mean survival time, and survival probabilities. Do you have groups of individuals in your study? Adjust for within-group correlation with a random-effects or shared frailty model.
Stata is designed for reproducible research, including the ability to create dynamic documents incorporating your analysis results. Create Word or PDF files, populate Excel worksheets with results and format them to your liking, and mix Markdown, HTML, Stata results, and Stata graphs, all from within Stata.
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— Tom Durkin
Department of Political Science, University of South Carolina
Intuitive and easy to use.
Once you learn the syntax of one estimator, graphics command, or data management tool, you will effortlessly understand the rest.
Accuracy and reliability.
Stata is extensively and continually tested. Stata's tests produce approximately 4 million lines of output. Each of those lines is compared against known-to-be-accurate results across flavors of Stata and every operating system Stata supports to ensure accuracy and reproducibility.
One package. No modules.
When you buy Stata, you obtain everything for your statistical, graphical, and data analysis needs. You do not need to buy separate modules or import your data to specialized software.
Write your own Stata programs.
You can easily write your own Stata programs and commands. Share them with others or use them to simplify your work. Utilize Stata's do-files, ado-files, and Mata: Stata's own advanced programming language that adds direct support for matrix programming. You can also access and benefit from the thousands of existing Stata community-contributed programs.
Stata offers 31 manuals with more than 15,000 pages of PDF documentation containing detailed examples, in-depth discussions, references to relevant literature, and methods and formulas. Stata's documentation is a great place to learn about Stata and the statistics, graphics, data management, and data science tools you are using for your research.
Top-notch technical support.
Stata's technical support is known for their prompt, accurate, detailed, and clear responses. People answering your questions have master's and PhD degrees in relevant areas of research.
Stata's YouTube has over 250 videos with a dedicated playlist of methodologies important to political scientists. And they are a convenient teaching aid in the classroom.
Get started quickly at using Stata effectively, or even learn how to perform rigorous time-series, panel-data, or survival analysis, all from the comfort of you home or office. NetCourses make it easy.
Stata Press offers books with clear, step-by-step examples that make teaching easier and that enable students to learn and political scientists to implement the latest best practices in analysis.