Santos Silva, Joao and Tenreyro, Silvana 
ORCID: 0000-0002-9816-7452
(2009)
Further simulation evidence on the performance of the Poisson pseudo-maximum likelihood estimator.
CEP Discussion Papers (933).
London School of Economics and Political Science. Centre for Economic Performance, London, UK.
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Abstract
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.
| Item Type: | Monograph (Discussion Paper) |
|---|---|
| Official URL: | http://cep.lse.ac.uk/_new/publications/series.asp?... |
| Additional Information: | © 2009 the authors |
| Divisions: | Centre for Economic Performance Economics |
| Subjects: | H Social Sciences > HB Economic Theory |
| JEL classification: | F - International Economics > F1 - Trade > F10 - General C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C50 - General C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods: General > C13 - Estimation |
| Date Deposited: | 14 Oct 2009 11:46 |
| Last Modified: | 01 Nov 2024 04:53 |
| URI: | http://eprints.lse.ac.uk/id/eprint/25506 |
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