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Table 8 Results of regression for price of water in m3

From: Enhancing the comparability of costing methods: cross-country variability in the prices of non-traded inputs to health programmes

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
  1. Dependent variable: log ratio of price of water in m3 to GDP per capita.
  2. Breusch-Pagan test of heteroskedasticity:1.87 (p Chi2 = 0.17)
  3. VIF test for multicolinearity:1.03 (less than 2 indicates no multicollinearity)