Determinants of Electricity Transmission and Distribution Losses in South Africa

Table 6

Short-run estimation results.

Variables	Coefficient	Std. error	Probability
D(lnY)	−2.7283	0.9227	0.0056
D(lnINV)	0.4963	0.1439	0.0015
D(lnEINT)	0.0738	0.2340	0.7543
D(lnEINT(−1))	−0.3514	0.2267	0.1304
D(lnEINT(−2))	−0.5008	0.2264	0.0338
D(POLI)	0.1997	0.0484	0.0002
D(P)	−0.0171	0.0114	0.1424
CointEq(−1)	−1.0677	0.1642	0.0000

Note. and denotes 1, and 5% level of significance, respectively.