Table 4.

Least square regression analysis for rural councils

Rural councils (n = 225)
VariablesModel 1Model 2Model 3
C0.512*** (0.048) [10.613]0.493*** (0.051) [9.634]0.472*** (0.056) [8.464]
Community engagement0.016* (0.054) [0.293]0.022* (0.055) [0.399]0.032* (0.054) [0.591]
Surplus revenue--0.009 (0.041) [0.209]0.082 (0.050) [1.655]
Current assets--0.004 (0.004) [1.156]0.001 (0.004) [0.043]
Cash-on-hand--0.003 (0.005) [0.614]0.001 (0.005) [0.217]
Expenditure on population----0.001* (0.000) [0.00]
Expenditure on property----0.001 (0.000) [0.00]
R20.7310.7340.739
Adjusted R20.6560.6540.656
SE of regression0.0350.0350.035
F-statistic9.7029.1388.923
Prob F-statistics0.0000.0000.000

Note(s):

*, ** and *** represent statistical significance at the p < 0.05, p < 0.01 and p < 0.001 levels, respectively. Two values are reported below the estimated coefficient. The first, in parenthesis, is the standard errors and the second in brackets is the t-statistics

Source(s): Authors’ own creation

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