Table 6 Results from the Cobb-Douglas and translog specifications

Constant

0.292

0.050

[0.208, 0.374]

0.115

0.067

[0.005, 0.226]

Tr. costs

0.005

0.014

[− 0.018, 0.028]

0.077

0.031

[0.025, 0.128]

Labor

0.325

0.048

[0.246, 0.404]

0.224

0.054

[0.135, 0.313]

Prod. cap.

0.791

0.038

[0.728, 0.852]

0.801

0.038

[0.739, 0.864]

Tr. costs x labor

–

–

–

− 0.025

0.022

[− 0.061, 0.011]

Tr. costs x Prod. cap.

–

–

–

0.039

0.012

[0.018, 0.059]

Labor x Prod. cap.

–

–

–

− 0.138

0.079

[− 0.268, − 0.008]

Tr. costs²

–

–

–

0.003

0.012

[− 0.017, 0.023]

Labor²

–

–

–

0.267

0.109

[0.089, 0.447]

Prod. cap.²

–

–

–

0.069

0.062

[− 0.032, 0.171]

σ_v

0.356

0.027

[0.314, 0.401]

0.354

0.023

[0.317, 0.393]

Constant

1.291

0.436

[0.700, 2.135]

1.736

0.470

[1.011, 2.545]

Used capacity

1.789

0.244

[1.417, 2.211]

1.894

0.276

[1.467, 2.363]

D. cooperatives

1.014

0.492

[0.282, 1.885]

0.709

0.510

[− 0.055, 1.603]

D. payment criteria

0.066

0.296

[− 0.445, 0.529]

− 0.185

0.320

[− 0.732, 0.317]

SIE

0.281

0.311

[− 0.244, 0.770]

0.243

0.337

[− 0.312, 0.782]

SIM

0.738

0.424

[0.040, 1.436]

0.615

0.465

[− 0.154, 1.375]

Marg. log lik.

Post. prob.