Table 5.

Least square regression analysis for urban councils

Urban councils (n = 170)
VariablesModel 1Model 2Model 3
C0.637*** (0.053) [11.988]0.629*** (0.053) [11.859]0.597*** (0.097) [6.133]
Community engagement−0.057 (0.059) [−0.971]−0.076 (0.059) [−1.281]−0.071 (0.061) [−1.171]
Surplus revenue--0.012* (0.005) [2.218]0.012* (0.006) [2.121]
Current assets--−0.028 (0.066) [−0.422]−0.015 (0.074) [−0.204]
Cash-on-hand--−0.003 (0.005) [−0.615]−0.003 (0.005) [−0.613]
Expenditure on population----0.000** (0.000) [0.00]
Expenditure on property----0.000 (0.000) [0.00]
R20.7230.7330.734
Adjusted R20.6430.6480.643
SE of regression0.0320.0320.032
F-statistic8.9968.5858.072
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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