Industry

Parametersa

Estimate

Standard Error

z-Value

Description

Milk

β01

12.26

2.579

4.75

Int. L. Norm.

Milk

β02

15.80

3.135

5.04

Int. Brittany

Milk

β03

14.86

2.808

5.29

Int. P. Loire

Milk

β04

9.232

2.000

4.62

Int. P.-C.

Milk

β1

3.003

0.611

4.92

Profit Meas.

Milk

α0

−4.65

1.570

−2.96

Int. lnσ2

Milk

α1

0.990

0.616

1.61

Firms-1 lnσ2

Milk

α2

1.431

0.321

4.46

Policy lnσ2

Cheese

β01

8.286

1.665

4.98

Int. L. Norm.

Cheese

β02

5.860

1.174

4.99

Int. Brittany

Cheese

β03

6.823

1.395

4.89

Int. P. Loire

Cheese

β04

6.359

1.141

5.57

Int. P.-C.

Cheese

β1

1.428

0.287

4.98

Profit Meas.

Cheese

α0

−5.09

1.156

−4.40

Int. lnσ2

Cheese

α1

1.686

0.513

3.29

Firms-1 lnσ2

Cheese

α2

0.411

0.257

1.60

Policy lnσ2

κ

0.172

0.204

0.84

Correlation