A Mixed Poisson Regression Model for Analysis of Patent Data

Peiming Wang (), Iain Cockburn and Martin L. Puterman ()
Additional contact information
Peiming Wang: Nanyang Business School, Nanyang Technological University, Singapore
Martin L. Puterman: Faculty of Commerce and Business Administration, University of British Columbia

Computing in Economics and Finance 1996 from Society for Computational Economics

Abstract: We analyze cross-sectional patent data using a finite mixed Poisson regression model with covariates in Poisson rates and mixing probabilities. Maximum likelihood estimation based on the EM and quasi-Newton algorithms, a model selection procedure, residual analysis and goodness-of-fit tests are discussed. This model is applied to data on the relationship between technological innovation and R&D research. Results are compared in several ways to those obtained using alternative models for overdispersion. Monte Carlo studies show among other things that the selection criteria usually choose the correct model and that when the mixing distribution is incorrectly specified, estimates of parameters remain unbiased but are inefficient.

References: Add references at CitEc
Citations: View citations in EconPapers (48)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sce:scecf6:_049

Access Statistics for this paper

More papers in Computing in Economics and Finance 1996 from Society for Computational Economics Department of Econometrics, University of Geneva, 102 Bd Carl-Vogt, 1211 Geneva 4, Switzerland. Contact information at EDIRC.
Bibliographic data for series maintained by Christopher F. Baum ().