Table 6: PARAMETER ESTIMATES OF GROUP SPECIFIC PRODUCTION FUNCTIONS
Sector_________ |
_________15_________ |
_________17_________ |
_________18_________ |
_________19_________ |
Constant |
0.734*** (0.046) |
0.415*** (0.060) |
0.167*** (0.036) |
0.243*** (0.071) |
lnx1 |
0.661*** (0.015) |
0.731*** (0.037) |
0.856*** (0.026) |
0.769*** (0.040) |
lnx2 |
0.466*** (0.013) |
0.352*** (0.030) |
0.297*** (0.025) |
0.314*** (0.045) |
lnx1 *lnx1 |
0.048*** (0.008) |
-0.037** (0.015) |
0.030** (0.012) |
0.014 (0.019) |
lnx2 *lnx2 |
0.045*** (0.005) |
0.014 (0.009) |
0.028*** (0.010) |
0.059*** (0.015) |
lnx1 *lnx2 |
-0.043*** (0.010) |
-0.006 (0.016) |
-0.043** (0.017) |
-0.082*** (0.026) |
Dummy 2002 |
0.105*** (0.018) |
0.143*** (0.051) |
-0.084** (0.038) |
0.032 (0.059) |
Dummy 2003 |
0.052*** (0.019) |
0.134*** (0.051) |
0.086** (0.038) |
0.176*** (0.056) |
Dummy 2004 |
0.018 (0.019) |
0.313*** (0.051) |
0.093** (0.038) |
0.182*** (0.055) |
γ |
0.490*** (0.015) |
0.705*** (0.025) |
0.875*** (0.024) |
0.916*** (0.023) |
μ |
1.198*** (0.055) |
Restricted to zero |
-3.395*** (0.887) |
-4.064*** (1.303) |
Log likelihood |
-12,169.77 |
-2,147.44 |
-3,807.50 |
-1,205.59 |
Sector_________ |
________20________ |
________21________ |
________22________ |
________24________ |
Constant |
0.211*** (0.051) |
0.279*** (0.043) |
0.574*** (0.140) |
0.729*** (0.129) |
lnx1 |
0.830*** (0.036) |
0.726*** (0.041) |
0.901*** (0.042) |
0.677*** (0.047) |
lnx2 |
0.348*** (0.035) |
0.454*** (0.031) |
0.437*** (0.033) |
0.604*** (0.035) |
lnx1 *lnx1 |
0.012 (0.011) |
-0.016 (0.035) |
-0.002 (0.031) |
0.057* (0.030) |
lnx2 *lnx2 |
0.012 (0.008) |
0.043*** (0.016) |
0.042*** (0.015) |
0.039** (0.012) |
lnx1 *lnx2 |
0.015 (0.015) |
-0.014 (0.042) |
-0.037 (0.038) |
-0.069** (0.031) |
Dummy 2002 |
-0.045 (0.011) |
0.008 (0.039) |
0.051 (0.041) |
0.024 (0.048) |
Dummy 2003 |
0.011 (0.010) |
-0.002 (0.040) |
0.090** (0.040) |
-0.001 (0.048) |
Dummy 2004 |
0.037 (0.015) |
0.124*** (0.040) |
-0.055 (0.040) |
-0.106** (0.049) |
γ |
0.884*** (0.037) |
0.926*** (0.033) |
0.590*** (0.036) |
0.645*** (0.051) |
μ |
-3.243 (3.116) |
-3.943 (2.537) |
1.071*** (0.185) |
0.964*** (0.270) |
Log likelihood |
-3,507.73 |
-2,065.29 |
-1,992.56 |
-2,277.06 |
Sector_________ |
________25_________ |
________26________ |
________27________ |
________28________ |
Constant |
0.336*** (0.048) |
0.380*** (0.034) |
0.729*** (0.087) |
0.257*** (0.034) |
lnx1 |
0.662*** (0.032) |
0.688*** (0.026) |
0.737*** (0.069) |
0.754*** (0.023) |
lnx2 |
0.530*** (0.028) |
0.485*** (0.019) |
0.482*** (0.047) |
0.461*** (0.018) |
lnx1 *lnx1 |
0.032 (0.021) |
-0.007 (0.015) |
0.048 (0.041) |
-0.031** (0.016) |
lnx2 *lnx2 |
0.072*** (0.011) |
0.039*** (0.007) |
0.087*** (0.020) |
0.049*** (0.007) |
lnx1 *lnx2 |
-0.101*** (0.026) |
-0.044** (0.018) |
-0.098* (0.053) |
-0.023 (0.018) |
Dummy 2002 |
0.132*** (0.025) |
0.166* (0.085) |
-0.077** (0.033) | |
Dummy 2003 |
0.154** * (0.026) |
0.127 (0.086) |
-0.015 (0.034) | |
Dummy 2004 |
0.257*** (0.026) |
0.046 (0.0855) |
-0.012 (0.033) | |
γ |
0.895*** (0.059) |
0.766 *** (0.012) |
0.381*** (0.053) |
0.865*** (0.025) |
μ |
-3.281*** (3.1729) |
Restricted to zero |
1.038*** (0.055) |
-3.187*** (0.795) |
Log likelihood |
-3,061.35 |
-4,168.85 |
-816.75 |
-4,789.87 |
35
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