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Table 5 Maximum likelihood estimates of stochastic cobb-douglas frontier milk production functions of standard animal units of households

From: Technical efficiency in milk production in underdeveloped production environment of India*

Variables

Plains

Hills

 

MLE estimates

MLE estimates

Constant

0.641

0.194

(0.162)

(0.668)

Depreciation

0.183

0.219

(0.149)

(0.361)

Veterinary expenditures

0.137

0.009

(0.147)

(0.022)

Miscellaneous expenditures

1.628*

0.287

(0.915)

(0.406)

Green fodder index

0.055

−0.020

 

(0.300)

(0.042)

Dry fodder index

0.065*

0.742

(0.031)

(0.911)

Concentrate index

−0.062*

−0.248

(-0.032)

(0.277)

Family labour

−0.125**

0.229

(0.050)

(0.744)

γ = s2u / s2s

0.979***

0.949***

(0.007)***

(0.554E-05)

LR test of the one-sided error

9.788***

10.86***

Log-likelihood function

21.13

31.82

  1. Figures in parentheses indicate standard errors.
  2. Significant at ***1%, **5% and *10% levels of significance.