Resource title

Further simulation evidence on the performance of the Poisson pseudo-maximum likelihood estimator

Resource image

image for OpenScout resource :: Further simulation evidence on the performance of the Poisson pseudo-maximum likelihood estimator

Resource description

We extend the simulation results given in Santos-Silva and Tenreyro (2006, ‘The Log of Gravity’, The Review of Economics and Statistics, 88, pp.641-658) by considering data generated as a finite mixture of gamma variates. Data generated in this way can naturally have a large proportion of zeros and is fully compatible with constant elasticity models such as the gravity equation. Our results confirm that the Poisson pseudo maximum likelihood estimator is generally well behaved.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

application/pdf

Resource resource URL

http://eprints.lse.ac.uk/25506/1/Further_Simulation_Evidence_on_the_Performance_of_the_Poisson_Pseudo-Maximum_Likelihood_Estimator.pdf

Resource license