An Analysis of Factors Influencing Default on Municipal Rates. A Case of Bindura Municipality
- Author
- Gwaronda, Chidochashe. S
- Title
- An Analysis of Factors Influencing Default on Municipal Rates. A Case of Bindura Municipality
- Abstract
- The research is an analysis on factor influencing default on municipal rate in Bindura from a period of 1997 to 2022. The researcher used correlated quantitative research design that aims to detect whether there is a relationship between default payment and the recorded variables. The researcher focused on logistic regression to predict the probability of default on payment. A stratified random sample of 300 observations from each variable was used. Data was analysed using E-Views and SPSS version 16.0 software. The findings of the research indicated that income level, property ownership and payment history has an impact on default. Increase on income and density corresponds to the decrease of default, while increase on payment history, payment history, employment and property ownership corresponds to increase in default. . These findings suggest that municipal authorities should consider these factors when designing policies aimed at reducing default rates and improving revenue collection. The study provides valuable insights into the factors affecting default on municipal rates in Bindura Municipality and may serve as a useful reference for future research in this area.
- Date
- 2023
- Publisher
- BUSE
- Keywords
- Default
- Supervisor
- N/A
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