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  • Difference between poisson model with exposure and modelling rates implicitly?

    Dear Statalists,

    I trying to understand the difference between using an exposure in a poisson model and directly calculating rates. As I understand, we specify an exposure variable in a poisson regression to model rates. We add the log of this variable to the right-hand side of the equation with a coefficient constraint to 1. (Explained here: https://stats.stackexchange.com/ques...son-regression).

    Therefore modelling [\ death/pyears = exp(\alpha + \beta X) \] should be equivalent to [\ death = exp(\alpha + \beta X + ln(pyears)) \].

    Estimating these two equations gives completely different results:

    Code:
    webuse dollhill3, clear
    poisson deaths smokes, exposure(pyears)
    gen deathrate = deaths/pyears
    poisson deathrate smokes


    Could anyone clarify where I am wrong here?

    Thanks!
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