Skip to main content

Table 3 Results of the Zivot and Andrews unit root test

From: Balancing short-term costs and long-term benefits: an analysis of the impact of hydroelectric power generation on electricity prices volatility in Cameroon

Variables

ZA

Level

Breakpoint

Lag

ln_HYDRO

−4.392

2012

0

ln_DE

−5.003**

2006

0

ln_REER

−3.907

2010

0

ln_GDP

−4.508

2012

0

ln_EPv

−3.844

2012

0

Exact critical value

   

 1%

−5.34

  

 5%

−4.80

  

 10%

−4.58

  
  1. Source: Authors
  2. ZA Zivot and Andrews unit root test
  3. * and ** denote 1% and 5% significance levels, respectively