Table 6. Estimation of Translog Cost Functions 1950-1991
Parameter	Estimate	Standard Error
aO	0.6527	1.5874
aL*	0.5582	0.1293
aK*	0.1947	0.0920
aS	-0.0408	0.2648
aT	-0.0706	0.0473
aY	1.4366	0.2963
aLL	0.1166	0.0061
aKK	0.0727	0.0013
aTT	-0.0006	0.0003
aYY	-0.0109	0.0077
aYL	-0.0396	0.0045
aYK	-0.0667	0.0034
aYT	0.0036	0.0013
aYS	-0.0809	0.0500
aLK	-0.0398	0.0016
aLT	-0.0014	0.0005
aLS	-0.0084	0.02113
aKT	0.0020	0.0004
aKS	0.04156	0.01523
aST	0.0106	0.0076

Equation	Standard Error	R2	D-W
Labor-Material	0.0107	0.990	1.96
Capital-Material	0.1019	0.992	1.86
Cost Function	0.0344	0.999	1.59

Log of Likelihood

12531

* 35 industrial dummies

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