Table 3 Tobit model results Dependent... | Emerald Publishing

Table 3

Tobit model results

Dependent variable	Output-oriented TIN		Input-oriented TIN
Explanatory variables	Coefficient	Std error	Coefficient	Std error
c	−0.001134	0.007854	−0.015939	0.362367
middle_income	−0.005091*	0.003535	−0.301228*	0.162136
govhexp_totgovexp	0.001206**	0.000601	0.067129**	0.027315
prihexp_hexp	0.000131	8.49E-05	0.003149	0.003909
CPI	−0.000220**	0.000110	−0.012374**	0.004987
pop_dns	−5.78E-06	4.14E-06	−0.000310*	0.000180
obesity	5.39E-05	0.000169	0.010071	0.007809
Error distribution
SCALE:C (8)	0.004855***	0.000961	5.069215***	0.043741
Mean dependent var	0.003885		0.230674
SE of regression	0.004889		0.205633
Sum squared resid	0.000287		0.507419
Log likelihood	50.67875		−2.650495
Avg log likelihood	2.533938		−0.132525
Left censored obs	6		6
Uncensored obs	14		14
Right censored obs	0		0
Total obs	20		20

Dependent variable	Output-oriented TIN		Input-oriented TIN
Explanatory variables	Coefficient	Std error	Coefficient	Std error
c	−0.001134	0.007854	−0.015939	0.362367
middle_income	−0.005091*	0.003535	−0.301228*	0.162136
govhexp_totgovexp	0.001206**	0.000601	0.067129**	0.027315
prihexp_hexp	0.000131	8.49E-05	0.003149	0.003909
CPI	−0.000220**	0.000110	−0.012374**	0.004987
pop_dns	−5.78E-06	4.14E-06	−0.000310*	0.000180
obesity	5.39E-05	0.000169	0.010071	0.007809
Error distribution
SCALE:C (8)	0.004855***	0.000961	5.069215***	0.043741
Mean dependent var	0.003885		0.230674
SE of regression	0.004889		0.205633
Sum squared resid	0.000287		0.507419
Log likelihood	50.67875		−2.650495
Avg log likelihood	2.533938		−0.132525
Left censored obs	6		6
Uncensored obs	14		14
Right censored obs	0		0
Total obs	20		20

Note(s): (*), (**) and (***) indicate the significance of the estimated coefficient at 10%, 5% and 1% levels of significance, respectively