The Cost of Food Safety Technologies in the Meat and Poultry Industries.



Table 2a: Meat and poultry industry cost function parameter estimates.

Variable

-----------------------------Industry-----------------------

Variable Name

Meat Slaughter

Meat Processing

Poultry Slaughter

Intercept

0.056

(0.085)

0.267***
l!!!r9i

0.193***

(0.071)____________

P labor

0.112***

(0∙008)

0.193

(0.008)

0.199

(0.008)___________

Pmeat

0.794***

(0∙018)

0.658

(0.013)

0.695

(0.012)___________

P capital

0.094***
(0.0i5)

0.149

(0.008)

0.106

(0.010)___________

TB

0.925***

(0.055)_________

0.775***

(0.050)__________

0.721***

(0.085)____________

-0.145

(0.569)_________

0.112

(0.227)__________

-0.108

(0.274)____________

^s

-1.427

(3.275) >

-9.350*

(5.292) >

-2.000

(1.234)____________

Plabor *Plabor

0.056***

(0.020)_________

0.059

(0.016)

0.037

(0.031)____________

Pmeat *Pmeat

-0.054*

(0.030)_________

0.051

(0.023)__________

0.037

(0.036)____________

Pcapital *Pcapital

0.016

0.045

0.011

Plabor*Pmeat

0.007

(0.012)

__**

-0.032

(0.014)__________

7 _ _ _ * * *

-0.032

(0.010)____________

P labor*P capital

-0.063***

(0.021)_________

-0.027

(0.027)

-0.005

(0.029)____________

P meat*P capital

0.047*

(0.025)_________

Ξ Ξ _ ⅛ * *

-0.018

(-1.330)__________

-0.006

(0.027)____________

R2

0.91

0.77

0.78

Observations

97____________

219____________

57______________

* significant at the 90% level, ** significant at the 95% level, *** significant at the 99% level

22



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