Cover Image

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

We extend the simulation results in Santos Silva and Tenreyro (2006, The log of gravity, The Review of Economics and Statistics, 88, 641-658) by considering a novel data-generating process. Our results confirm that the Poisson pseudo-maximum likelihood estimator is generally well behaved, even when the proportion of zeros in the sample is very large.
Year of publication:
2011
Authors: Santos Silva, J.M.C. ; Tenreyro, Silvana
Published in:
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 112.2011, 2, p. 220-222
Publisher: Elsevier
Keywords: Finite mixtures Gravity equation International trade Zeros
Type of publication: Article
Source:
Persistent link: https://www.econbiz.de/10009146118
Similar items by person