Results of the truncated bootstrap regression model explaining differences in input-specific managerial inefficiency scores of intensive farms
| Land | Labor | Herd size | Feed | Other expenditure | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Variable | Mean | Lower | Upper | Mean | Lower | Upper | Mean | Lower | Upper | Mean | Lower | Upper | Mean | Lower | Upper |
| Age | 0.003 | −0.002 | 0.011 | 0.008* | 0.001 | 0.014 | 0.004 | −0.002 | 0.009 | 0.001 | −0.004 | 0.007 | 0.004 | −0.001 | 0.010 |
| Experience | −0.006 | −0.013 | 0.002 | −0.005 | −0.013 | 0.002 | −0.005 | −0.012 | 0.001 | −0.002 | −0.008 | 0.005 | −0.006* | −0.013 | −0.000 |
| Portable milking machines | −0.050* | −0.104 | −0.000 | −0.013 | −0.068 | 0.039 | −0.049* | −0.099 | −0.007 | −0.031 | −0.075 | 0.013 | −0.045 | −0.093 | 0.001 |
| Government finance | 0.101 | −0.519 | 0.695 | −0.061 | −0.737 | 0.558 | 0.151 | −0.378 | 0.659 | 0.241 | −0.302 | 0.791 | 0.139 | −0.424 | 0.691 |
| Constant | 0.617 | 0.348 | 0.880 | 0.356 | 0.047 | 0.644 | 0.518 | 0.273 | 0.743 | 0.552 | 0.319 | 0.777 | 0.564 | 0.328 | 0.789 |
| σ | 0.276 | 0.233 | 0.323 | 0.276 | 0.234 | 0.324 | 0.233 | 0.199 | 0.268 | 0.233 | 0.197 | 0.274 | 0.242 | 0.203 | 0.280 |
| Land | Labor | Herd size | Feed | Other expenditure | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Variable | Mean | Lower | Upper | Mean | Lower | Upper | Mean | Lower | Upper | Mean | Lower | Upper | Mean | Lower | Upper |
| Age | 0.003 | −0.002 | 0.011 | 0.008* | 0.001 | 0.014 | 0.004 | −0.002 | 0.009 | 0.001 | −0.004 | 0.007 | 0.004 | −0.001 | 0.010 |
| Experience | −0.006 | −0.013 | 0.002 | −0.005 | −0.013 | 0.002 | −0.005 | −0.012 | 0.001 | −0.002 | −0.008 | 0.005 | −0.006* | −0.013 | −0.000 |
| Portable milking machines | −0.050* | −0.104 | −0.000 | −0.013 | −0.068 | 0.039 | −0.049* | −0.099 | −0.007 | −0.031 | −0.075 | 0.013 | −0.045 | −0.093 | 0.001 |
| Government finance | 0.101 | −0.519 | 0.695 | −0.061 | −0.737 | 0.558 | 0.151 | −0.378 | 0.659 | 0.241 | −0.302 | 0.791 | 0.139 | −0.424 | 0.691 |
| Constant | 0.617 | 0.348 | 0.880 | 0.356 | 0.047 | 0.644 | 0.518 | 0.273 | 0.743 | 0.552 | 0.319 | 0.777 | 0.564 | 0.328 | 0.789 |
| 0.276 | 0.233 | 0.323 | 0.276 | 0.234 | 0.324 | 0.233 | 0.199 | 0.268 | 0.233 | 0.197 | 0.274 | 0.242 | 0.203 | 0.280 | |
Notes: Sample size=100. Lower and upper represent the bounds of a 95% confidence interval. Number of truncated observations: 9. We have no indication of the presence of multicollinearity (mean VIF=1.29). *Significant at 5 percent level
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