Mean | Label | Unit | Mean | SD |
---|---|---|---|---|
Desirable output (y) | Dairy output | 1000 NOK | 1466.50 | 1167.49 |
Undesirable output (b) | CH4 emission | tonne/year | 0.99 | 0.61 |
Undesirable output price | CH4 price | NOK/tonne | 0.045 | 0.013 |
Inputs (xi) x1 | Land | Hectares | 3.31 | 2.02 |
x2 | Labour | 100 h | 35.62 | 10.74 |
x3 | Material costs | 1000 NOK | 480.06 | 453.45 |
x4 | Capital costs | 1000 NOK | 404.63 | 415.66 |
N | Observation | 6229 |