Search found 3 matches

by kamkitang
Tue Jan 06, 2009 6:50 pm
Forum: Estimation
Topic: Goodness of fit statistics in the Poisson model
Replies: 4
Views: 22592

Re: Goodness of fit statistics in the Poisson model

Wooldridge (Introductory Econometrics: A Modern Approach, 1st ed, p.551) suggests to estimate R-squared as the square of the correlation between the actual and predicted value, since it is definitely non-negative and always being between 0 and 1, even though the estimates are not chosen to maximize ...
by kamkitang
Mon Jan 05, 2009 2:58 pm
Forum: Estimation
Topic: Goodness of fit statistics in the Poisson model
Replies: 4
Views: 22592

Re: Goodness of fit statistics in the Poisson model

Dear Gareth

Thanks for the clarification. I raised the original question after reading section 25.2.1 of Greene's "Econometric Analysis" 6th ed, which suggests a few different ways of computing R-squared for the Poisson model.

Thanks
KK
by kamkitang
Fri Jan 02, 2009 7:18 pm
Forum: Estimation
Topic: Goodness of fit statistics in the Poisson model
Replies: 4
Views: 22592

Goodness of fit statistics in the Poisson model

Dear moderator

Could you please tell me how R-squared and adjusted R-squared for the Poisson model are estimated in EViews? I notice that the Poisson model does not produced R-squared and adjusted R-squared statistics in the same way as in a linear regression model.

Thanks
KK

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