Questions regarding the poisson model

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Nitzan04
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Joined: Tue Mar 17, 2015 10:54 am

Questions regarding the poisson model

Postby Nitzan04 » Sun Apr 12, 2015 9:15 am

Hello, I'm running a poisson regression and I would like to check the goodness of fit. My dependant variable is the number of patent application per year per firm. I have several question:
Is the LR statistic is a good indication for goodness of fit ?
How do i check if i have overdispersion?
Finally, what are the most important steps i should do in order to understand how good my model is (is it searching first of all of suspicious of multicollinearity?!)

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