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Dec 28, 2020 at 14:13 comment added Billy Of course! Best of luck on the submission!
Dec 28, 2020 at 1:52 comment added lovestacksflow Sure, that was exactly my main point of concer: reviewrs being so used to OLS. It's a great idea to run regression diagnostic on OLS as a proof, which I hadn't thought of! Thanks a lot!
Dec 28, 2020 at 0:29 comment added Billy Definitely seems like OLS is a misspecification then. I agree that the range restriction in the outcome variable is probably the reason for that. As a sanity check, you may want to consider checking the assumptions of both models. Should be that the data fit nicely with the Poisson model but have non-normal and heteroscedastic residuals for the OLS model. Just thinking about what might happen if a reviewer who's used to OLS asks why something else is reported
Dec 27, 2020 at 13:23 comment added lovestacksflow Thanks for the answer. In my case, I actually started my analysis using poisson, and just wanted to check OLS as a robustness measure, but out of three relationships, only one remained significant (sample size ~ 15700). I then calculated the residual sum of squared and noticed a huge difference (428 for OLS and 125 for poisson), leading me to investigate this more. I think the severe restriction (most R&D intensity values are really below 1.3) is the main cause.
Dec 27, 2020 at 13:19 vote accept lovestacksflow
Dec 27, 2020 at 4:07 history answered Billy CC BY-SA 4.0