“…If the value of σ is significantly different from unity, this points to the fact that there can be a possible form of mis-specification. Some works on mis-specification are cited in Essi (2000), , Essi, Iyaniwura and Ojekudo (2007) ; and Essi (2009Essi ( , 2010 . These earlier results, show that the consequence is more serious when a multiplicative error plagued data set is fitted with an additive error based model than viceversa Therefore in this circumstance, the values of other model parameters should not be relied upon heavily in policy making and implementation.…”