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

被引：604

作者：

Silva, J. M. C. Santos ^{[1
,2
]}

Tenreyro, Silvana ^{[3
,4
]}

机构：

[1] Univ Essex, Colchester CO4 3SQ, Essex, England

[2] CEMAPRE, Colchester CO4 3SQ, Essex, England

[3] London Sch Econ, CEP, London WC2A 2AE, England

[4] London Sch Econ, CEPR, Dept Econ, London WC2A 2AE, England

来源：

ECONOMICS LETTERS | 2011年 / 112卷 / 02期

关键词：

Finite mixtures; Gravity equation; International trade; Zeros; MODELS; LOG;

D O I：

10.1016/j.econlet.2011.05.008

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：220 / 222

页数：3

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