PENGARUH PENDAPATAN ASLI DAERAH, DANA ALOKASI UMUM, DAN DANA ALOKASI KHUSUS TERHADAP BELANJA MODAL DENGAN PERTUMBUHAN EKONOMI SEBAGAI VARIABEL MODERATING

Abstract

This research aimed to examine the effect of Local-owned Source Revenue, General Allocation Funds, and Specific Allocation Funds on capital expenditure with economic growth as the moderating varible. The research was quantitative. Moreover, the instrument in the data collection technique used documentation. In line with that, the data were in form a Realization Report of Local Budget which was taken from BKPAD. Furthermore, there were 141 samples, after having outlier data. The data analysis technique used multiple regression and interaction regression (MRA). The result showed that Local-owned Source Revenue had a positive effect on capital expenditure. It meant the higher the Local-owned Source Revenue was, the higher the capital expenditure would be. However, both General Allocation Funds and Specific Allocation Funds did not affect capital expenditure. This meant the allocation of capital expenditure was not affected by the number of funds that were given by the Government. In contrast, economic growth could moderate the growth could moderate the effect of Local-owned Source Revenue on capital expenditure. While the economic growth could not moderate the effect of General Allocation Funds as well as Specific Allocation Funds on capital expenditure.