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