R is an excellent free software for statistics and econometrics computing. I recently tried the Revolution Analytics (http://www.revolutionanalytics.com/) platform for R (which is free for academics), and I loved it. R is faster and more powerful (e.g. use more cores and more RAM) under Revolution Analytics.
You can download a free version for academic use from Revolution Analytics here: (http://www.revolutionanalytics.com/downloads/free-academic.php) .
I strongly recommend it.
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