Variable

Code

Treatment

Description

Independent Variable

ElecDistMWH

Not inputted directly into SPSS

Electricity Distribution (mega-watt hour)

Dependent Variable

TMCPm

Not inputted directly into SPSS

Actual Total Market Capitalisation (Pm)

Dependent Variable

TMCPmLN

Input directly into SPSS

Market Capitalisation (Pm) natural log

Independent Variable

ElecDistMWHLN

Input directly into SPSS

Electricity Distribution (mega-watt hour) natural log

EstimatedTMCPmLN

$y=\beta x+a$

Estimated Total Market Capitalisation (Pm) natural log.

For estimation after regression

EXP of TMCPmLN

Derived from applying $y=\beta x+a$

Exponential of Total Market Capitalisation natural log

Actual TMCPm

Input into

Actual Total Market Capitalisation (Pm)

Pm

Not inputted directly into SPSS

Millions of Pula (Botswana currency)

MWH

Not inputted directly into SPSS

Mega Watt Hours

LN

Applied to TMCPm

And ElecDistMWH in MS Excel

Natural log function of MS Excel

EXP

Applied to EstimatedTMCPmLN in MS Excel

Exponential function of MS Excel