Analysis on Regional Characteristics of Economic Growth Based on Total Factor Productivity

Table 2

Estimation result of stochastic frontier production model.

Major measurement models		Model one			Model two
Variables	Coefficient	Estimated value	Standard deviation	T statistic	Estimated value	Standard deviation	T statistic
Intercept	β0	17.827	0.542	35.826	1.769	0.531	3.647
lnK	βK	0.776	0.016	7.958	0.867	0.034	27.192
lnL	βL	0.122	0.039	4.272	0.130	0.026	5.786
T	βt	0.073	0.005	17.287	0.064	0.008	10.254
0.5  lnK  lnK	βKK	−0.088	0.027	−3.951	−0.082	0.020	−3.765
0.5  lnL  lnL	βLL	−0.018	0.087	−1.005	−0.047	0.068	−0.920
lnK  lnL	βKL	0.231	0.352	6.742	0.018	0.030	6.834
t  lnK	βtK	0.014	0.007	2.373	0.004	0.009	9.748
t  lnL	βtL	−0.047	0.011	−7.019	−0.002	0.006	−1.827
0.5  t^2	βtt	−0.001	0.003	−8.473	−0.003	0.001	−0.904
Constant term	δ0	4.047	1.521	2.430	8.657	1.475	8.272
PGDP	δ1	0.409	0.030	12.427	0.124	0.033	11.825
STRU	δ2	−0.113	0.271	−0.570	−0.658	0.241	−2.189
CSCALE	δ3	0.099	0.019	6.734	0.075	0.012	5.728
OPEN	δ4	0.064	0.015	6.428	0.017	0.014	1.859
RD	δ5	−0.077	0.028	−2.283	−0.120	0.027	−3.950
ROD	δ6	0.310	0.037	10.507	0.342	0.039	9.224
σ^2		0.188	0.005	28.375	0.017	0.003	9.892
Γ		0.997	0.002	755.492	0.639	0.028	547.548
Μ		0.847	0.075	9.425
Η		0.015	0.004	8.827

Note: , , represent the value is remarkable at 10%, 5%, and 1%, respectively.