Research Article
Analysis of Economic Efficiency and Farm Size: A Case Study of Wheat Farmers in Nakuru District, Kenya
Table 2
The OLS estimates of the stochastic cost function.
| Cost per acre | Coefficient | Standard error | | |
| lnpseed | 0.267 | 0.15 | 1.76 | 0.08 | lnpfertilizer | 0.010 | 0.03 | 0.34 | 0.731 | lnpfoliar | 0.012 | 0.01 | 0.89 | 0.378 | lnpchemical | 0.223 | 0.05 | 4.35 | 0.000 | lnplabor | 0.147 | 0.27 | 0.54 | 0.589 | lnobserved | 1.042 | 0.13 | 7.78 | 0.000 | Constant | | | | |
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