Table 2 Log likelihood ratio test for... | Emerald Publishing

Table 2

Log likelihood ratio test for selecting the functional form

No	Log likelihood function	All sample	Sub1 (food, beverage)	Sub2 (garment, textile)	Sub3 (paper, printing)	Sub4 (chemical, plastic)	Sub5 (furniture, electronic, others)
1	Cobb–Douglas	−2731.10	−918.33	−224.56	−251.32	−717.85	−560.01
2	Translog	−2659.61	−891.96	−216.59	−237.51	−704.69	−539.30
3	LR-stat	142.97	52.73	15.93	27.60	26.32	41.42
4	Prob > χ²	0.0000	0.0000	0.0141	0.0001	0.0002	0.0000
5	Decision	Rejected H0	Rejected H0	Rejected H0	Rejected H0	Rejected H0	Rejected H0
6	Appropriated model	Translog	Translog	Translog	Translog	Translog	Translog
7	No. of observations	2,009	618	190	183	578	440

No	Log likelihood function	All sample	Sub1 (food, beverage)	Sub2 (garment, textile)	Sub3 (paper, printing)	Sub4 (chemical, plastic)	Sub5 (furniture, electronic, others)
1	Cobb–Douglas	−2731.10	−918.33	−224.56	−251.32	−717.85	−560.01
2	Translog	−2659.61	−891.96	−216.59	−237.51	−704.69	−539.30
3	LR-stat	142.97	52.73	15.93	27.60	26.32	41.42
4	Prob > χ²	0.0000	0.0000	0.0141	0.0001	0.0002	0.0000
5	Decision	Rejected H0	Rejected H0	Rejected H0	Rejected H0	Rejected H0	Rejected H0
6	Appropriated model	Translog	Translog	Translog	Translog	Translog	Translog
7	No. of observations	2,009	618	190	183	578	440