Research Article
Determinants of Electricity Transmission and Distribution Losses in South Africa
Table 4
Long-run estimation results for 1971–2020.
| Variable | ARDL results | DOLS results | FMOLS results | Coefficient | Std. error | Coefficient | Std. error | Coefficient | Std. error |
| lnY | −0.9371 | 0.2124 | −0.6515 | 0.2138 | −0.7550 | 0.2616 | lnINV | 0.4648 | 0.1140 | 0.4569 | 0.1470 | 0.5344 | 0.1514 | lnEINT | 0.7451 | 0.2230 | 0.8850 | 0.2677 | 0.0395 | 0.2119 | POLI | 0.1055 | 0.0138 | 0.0982 | 0.0132 | 0.0618 | 0.0145 | P | −0.0002 | 0.0011 | −0.0016 | 0.0013 | 0.0006 | 0.0013 | C | 11.5431 | 4.8475 | 3.9898 | 4.8661 | 8.0784 | 5.5030 |
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Note.and denotes 1, and 5% level of significance, respectively. |