Research Article
Determinants of Electricity Transmission and Distribution Losses in South Africa
Table 5
Long-run estimation results from 1971–2014.
| Variables | ARDL | DOLS | FMOLS | Coefficient | Std. error | Coefficient | Std. error | Coefficient | Std. error |
| lnY | −1.2244 | 0.3084 | −0.5640∗∗ | 0.2695 | −0.6814 | 0.3173 | lnINV | 0.3948 | 0.1359 | 0.5256 | 0.1614 | 0.6394 | 0.1673 | P | 0.0034 | 0.0030 | −0.0038 | 0.0025 | −0.0009 | 0.0028 | POLI | 0.1019 | 0.0199 | 0.1099 | 0.0168 | 0.0652 | 0.0189 | lnEINT | 0.7187 | 0.2736 | 0.9011 | 0.2830 | −0.0412 | 0.2214 | C | 20.8752 | 7.7372 | 0.0199 | 6.8747 | 3.9998 | 7.8374 |
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Note. and denotes 1, and 5% level of significance, respectively. |