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Econometric Modeling of the Performance in the City Council of Chile

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Advances in Human Factors, Business Management and Leadership (AHFE 2020)

Abstract

In Chile, the city councils are fundamental to the country’s decentralization, by introducing a more connected route of administration for and along with people, their problems, needs and desires to develop themselves. For the above, the elements that make it efficient and improve the quality of citizens’ life are essential. There are 346 city councils in Chile which belong to the different communes, for the following research there were selected the ones that have more than 50,000 habitants and that belong to regional capitals. So that the factors that influence the efficiency of the city council in Chile were determined, from the index of quality of life of the communes. Therefore, there was developed an econometric model which explained the determined factors for the efficiency of the city council in Chile. Moreover, there were identified the variables that have a greater impact on such efficiency.

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Notes

  1. 1.

    P-value ≤ 0.1.

  2. 2.

    Breusch-Godfrey test; p-value ≤ 0.1.

  3. 3.

    Jarque-Bera Test 4,4654; P-values 0.1072.

  4. 4.

    White Test - F-statistic: 0.4629; P-values 0.9852.

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Acknowledgments

Hanns de la Fuente-Mella and Claudio Elórtegui Gómez are supports by Grant Núcleo de Investigación en Data Analytics, 039.432/2020.

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Correspondence to Hanns de la Fuente-Mella .

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de la Fuente-Mella, H., Martínez, M.A., Gómez, C.E., Calderón, M.G. (2020). Econometric Modeling of the Performance in the City Council of Chile. In: Kantola, J., Nazir, S., Salminen, V. (eds) Advances in Human Factors, Business Management and Leadership. AHFE 2020. Advances in Intelligent Systems and Computing, vol 1209. Springer, Cham. https://doi.org/10.1007/978-3-030-50791-6_19

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  • DOI: https://doi.org/10.1007/978-3-030-50791-6_19

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