Poisson Pseudo Maximum Likelihood Model || PPML Model || EViews ||

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This video explains how to run Poisson Psuedo Maximum Likelihood (PPML) Model in EViews.
PPML model is widely used in estimation of gravity equations to predict and study trade flows between trading partners.
One of the desirable characteristics of PPML model is that it considers zero trade values in estimation. Moreover, it provides with robust regression coefficients as it overcomes the problem of autocorrelation and heteroscedasticity.
Watch the video till end.

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Link for running Fixed and Random effects model in EViews: https://youtu.be/7tP4f4_mdfg

Link for running OLS MODEL in EViews: https://youtu.be/JgGF82JgVJg

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#ppml #eviews #regression #coefficientestimation