Variable | Parameter | Standard error |
---|---|---|
Sigma squared \(\sigma^{2} = \sigma_{u}^{2} + \sigma_{v}^{2}\) | 0.72206* | 0.006 |
Gamma \(\gamma = \sigma_{u}^{2} /\sigma^{2}\) | 0.999999*** | 0.046 |
Lambda \(\lambda = \sigma_{u} /\sigma_{v}\) | 3,764,018*** | 0.009 |
Log-likelihood | −246.316 | |
Number of farmers | 548 | |
Wald | 3.1 × 1010*** | |
Mean VIF | 1.2519 | |
Breusch–Pagan stat | 0.5664 |