A student of mine wishes to use Poisson Regression Model for the analysis of livelihood diversification on poverty status of farmers. How suitable is Poisson regression? If not, why?
For analyses of count data, see: https://www.theanalysisfactor.com/regression-models-for-count-data/
You can compare a regular linear model with a Poisson regression model using the Vuong test. See: https://stats.idre.ucla.edu/r/dae/zip/
I'd have to know specifically how measure livelihood diversification is measured, but cannot imagine that these are Poisson distributed,.
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