Table C: THEORETICAL PROPERTIES OF ESTIMATED PRODUCTION FUNCTIONS
|
Sector_____________________ |
15 |
17 |
18 |
19 |
20 |
|
∂ ln y I ∂ ln x1 : Mean |
0.6040 |
0.8369 |
0.8606 |
0.8710 |
0.7846 |
|
% negative |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
∂lny∕∂ln x2 : Mean |
0.3506 |
0.3116 |
0.2564 |
0.2164 |
0.3002 |
|
% negative |
0.00 |
0.00 |
0.00 |
6.52 |
0.00 |
|
Curvature Violation (%) |
0.13 |
0.00 |
0.00 |
24.51 |
0.00 |
|
Sector_____________________ |
21 |
22 |
24 |
25 |
26 |
|
∂ ln y/∂ ln x1 : Mean |
0.7678 |
0.9611 |
0.6735 |
0.7532 |
0.7962 |
|
% negative |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
∂ ln y∕∂ ln x2 : Mean |
0.3492 |
0.3342 |
0.5477 |
0.4073 |
0.3732 |
|
% negative |
0.00 |
0.00 |
0.00 |
0.42 |
0.00 |
|
Curvature Violation (%) |
0.63 |
0.00 |
0.00 |
7.10 |
0.00 |
|
Sector_____________________ |
27 |
28 |
29 |
31 |
32 |
|
∂ ln y/∂ ln x1 : Mean |
0.7932 |
0.8454 |
0.7271 |
0.5832 |
0.5398 |
|
% negative |
0.00 |
0.00 |
0.00 |
5.41 |
0.54 |
|
∂lny∕∂ln x2 : Mean |
0.2837 |
0.3120 |
0.4092 |
0.6088 |
0.6378 |
|
% negative |
5.51 |
0.02 |
0.00 |
1.06 |
0.54 |
|
Curvature Violation (%) |
36.23 |
3.58 |
0.00 |
59.89 |
7.80 |
|
Sector_____________________ |
33 |
34 |
35 |
36 | |
|
∂ ln y/∂ ln x1 : Mean |
0.8236 |
0.8992 |
0.7967 |
0.8122 | |
|
% negative |
0.00 |
0.00 |
0.00 |
0.00 | |
|
∂ ln y∕∂ ln x2 : Mean |
0.3375 |
0.2569 |
0.3068 |
0.3079 | |
|
% negative |
0.00 |
29.56 |
0.10 |
0.06 | |
|
Curvature Violation (%) |
0.00 |
51.06 |
3.50 |
2.34 |
45
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