Table 8

Results of regression for price of water in m3

Number of observations = 86

Adjusted r2 = 0.7899

F statistic = 161

p of F statistic < 0.0001

Variable

Coefficient

SE

T

P


ln GDP per capita

-1.124

.0645

-17.43

0.000

ln Total Water Consumption

-.0592

.0460

-1.29

0.201

Constant

1.457

.6044

2.41

0.018


Dependent variable: log ratio of price of water in m3 to GDP per capita.

Breusch-Pagan test of heteroskedasticity:1.87 (p Chi2 = 0.17)

VIF test for multicolinearity:1.03 (less than 2 indicates no multicollinearity)

Johns et al. Cost Effectiveness and Resource Allocation 2006 4:8   doi:10.1186/1478-7547-4-8

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