TY - JOUR
T1 - Zero-inflated generalized Poisson models with regression effects on the mean, dispersion and zero-inflation level applied to patent outsourcing rates
AU - Czado, Claudia
AU - Erhardt, Vinzenz
AU - Min, Aleksey
AU - Wagner, Stefan
PY - 2007/7
Y1 - 2007/7
N2 - This paper focuses on an extension of zero-inflated generalized Poisson (ZIGP) regression models for count data. We discuss generalized Poisson (GP) models where dispersion is modelled by an additional model parameter. Moreover, zero-inflated models, in which overdispersion is assumed to be caused by an excessive number of zeros, are discussed. In addition to ZIGP models considered by several authors, we now allow for regression on the overdispersion and zero-inflation parameters. Consequently, we propose tools for an exploratory data analysis on the dispersion and zero-inflation level. An application dealing with outsourcing of patent filing processes will be used to compare these nonnested models. The model parameters are fitted by maximum likelihood using our R package 'ZIGP' available on the Comprehensive R Archive Network (CRAN). Asymptotic normality of the Maximum Likelihood (ML) estimates in this non-exponential setting is proven. Standard errors are estimated using the asymptotic normality of the estimates. Appropriate exploratory data analysis tools are developed. Also, a model comparison using Akaike Information Criterion (AIC) statistics and Vuong tests is carried out. For the given data, our extended ZIGP regression model will prove to be superior over GP and zero-inflated Poisson (ZIP) models, and even over ZIGP models, with constant overall dispersion and zero-inflation parameters demonstrating the usefulness of our proposed extensions.
AB - This paper focuses on an extension of zero-inflated generalized Poisson (ZIGP) regression models for count data. We discuss generalized Poisson (GP) models where dispersion is modelled by an additional model parameter. Moreover, zero-inflated models, in which overdispersion is assumed to be caused by an excessive number of zeros, are discussed. In addition to ZIGP models considered by several authors, we now allow for regression on the overdispersion and zero-inflation parameters. Consequently, we propose tools for an exploratory data analysis on the dispersion and zero-inflation level. An application dealing with outsourcing of patent filing processes will be used to compare these nonnested models. The model parameters are fitted by maximum likelihood using our R package 'ZIGP' available on the Comprehensive R Archive Network (CRAN). Asymptotic normality of the Maximum Likelihood (ML) estimates in this non-exponential setting is proven. Standard errors are estimated using the asymptotic normality of the estimates. Appropriate exploratory data analysis tools are developed. Also, a model comparison using Akaike Information Criterion (AIC) statistics and Vuong tests is carried out. For the given data, our extended ZIGP regression model will prove to be superior over GP and zero-inflated Poisson (ZIP) models, and even over ZIGP models, with constant overall dispersion and zero-inflation parameters demonstrating the usefulness of our proposed extensions.
KW - Maximum likelihood estimator
KW - Overdispersion
KW - Patent outsourcing
KW - Vuong test
KW - Zero-inflated generalized Poisson regression
KW - Zero-inflation
UR - http://www.scopus.com/inward/record.url?scp=34848883578&partnerID=8YFLogxK
U2 - 10.1177/1471082X0700700202
DO - 10.1177/1471082X0700700202
M3 - Article
AN - SCOPUS:34848883578
SN - 1471-082X
VL - 7
SP - 125
EP - 153
JO - Statistical Modeling
JF - Statistical Modeling
IS - 2
ER -