Table 5 Estimation of stochastic frontier production function
parameter | Cobb–Douglas function | Translog function |
|---|---|---|
\({\beta }_{0}\) | 18.817*** | 14.309*** |
\({\beta }_{1}\) | 0.303*** | 2.477*** |
\({\beta }_{2}\) | 0.128 | 0.346 |
\({\beta }_{3}\) | 0.505** | |
\({\beta }_{4}\) | 1.601*** | |
\({\beta }_{5}\) | -2.687*** | |
\({\delta }^{2}\) | 1.486*** | 0.499*** |
\(\gamma\) | 0.995*** | 0.981*** |
\(\eta\) | 0.014*** | 0.010*** |
\(\mu\) | 2.433*** | 1.250*** |
Log Likelihood | 232.519 | 115.321 |