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)