Arbeitspapier

Bimodality & the performance of PPML

There has been an extensive discussion on the applicability of Poisson Pseudo Maximum Likelihood (PPML) to trade. Here, we are going to analyse again the performance of PPML but in the light of a bimodal distribution; in addition, we also explicitly account for excess zeros. Simulations are based on a Bernoulli-Gamma distribution (a zero-inflated Gamma distribution). Again, our results are a confirmation of how well-behaved PPML is in general.

Language
Englisch

Bibliographic citation
Series: Diskussionsbeitrag ; No. 1202

Classification
Wirtschaft
Subject
Poisson Pseudo Maximum Likelihood
excess zeros
zero-inflated Gamma Distribution
simulation
Maximum-Likelihood-Methode
Statistische Verteilung
Simulation
Außenwirtschaft
Gravitationsmodell
Theorie

Event
Geistige Schöpfung
(who)
Prehn, Sören
Brümmer, Bernhard
Event
Veröffentlichung
(who)
Georg-August-Universität Göttingen, Department für Agrarökonomie und Rurale Entwicklung (DARE)
(where)
Göttingen
(when)
2012

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Prehn, Sören
  • Brümmer, Bernhard
  • Georg-August-Universität Göttingen, Department für Agrarökonomie und Rurale Entwicklung (DARE)

Time of origin

  • 2012

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