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Table 2

Translog specification tests

TestsStatisticp-valueConclusion
RESET: Functional form (p = 4) 1.9585 0.1178 Adequate functional form 
Translog versus Cobb–Douglas 129.77 0.000 Translog 
Translog versus CES 131.21 0.000 Translog 
TestsStatisticp-valueConclusion
RESET: Functional form (p = 4) 1.9585 0.1178 Adequate functional form 
Translog versus Cobb–Douglas 129.77 0.000 Translog 
Translog versus CES 131.21 0.000 Translog 
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