Research Article

Analysis of Determinants of Economic Efficiency in Honey Production in Horo Guduru Zone, Ethiopia: Stochastic Dual Cost Frontier Model Approach

Table 5

Tobit model result for determinants of economic efficiency.

VariablesCoefficientStandard. errorT-valueP-value

Types of hive0.01498310.01788720.840.403
Educational of household heads0.00365460.00136992.670.008
Family size−0.00694020.0024653−2.82−0.005
Extension service0.00036970.01671230.020.982
Training on beekeeping activities0.00011150.01079580.010.992
Experience in beekeeping0.000850.00046581.820.069
Distance from the market−0.00042930.0002555−1.680.094
Credit service of household−0.01263390.0111092−1.140.256
Constant0.26165420.03061218.550.001
Log likelihood = 316.95057Pseudo R2 = −0.0501, number of observation = 396, prob > chi2 = 0.0002

Source: result of Tobit model. , , and show the significance at 10%, 5%, and 1%.