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The Effect of Revenue Sharing Funds, Capital Expenditure, and Local Own Source Revenue on Economic Growth in the Bakorwil 1 Madiun Region Saputra, Fahiya Ardi; Hutabarat, Ruth Eviana
Journal of Tourism Economics and Policy Vol. 6 No. 1 (2026): Journal of Tourism Economics and Policy (January - March 2026) - In Progress
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v6i1.1811

Abstract

This study aims to analyze the effect of Revenue Sharing Funds, Capital Expenditures, and Local Own-Source Revenues on Economic Growth. This study uses a quantitative approach utilizing panel data sourced from the Ministry of Finance and the Central Statistics Agency (BPS). The analysis was conducted to assess the extent to which local fiscal variables contribute to economic growth dynamics in the Bakorwil 1 Madiun region. The results show that Revenue Sharing Funds have a significant positive effect on economic growth, indicating that an increase in the allocation of revenue sharing funds can boost regional economic activity. Meanwhile, capital expenditure has a significant negative effect on economic growth, suggesting that the effectiveness of capital expenditure is not yet optimal. Finally, Local Own-Source Revenue has been proven to have a significant positive effect, indicating that regional fiscal capacity through the utilization of local own-source revenue can strengthen economic growth. These findings emphasize the importance of effective regional fiscal management to support sustainable regional economic development.
The Effect of Income Inequality, Average Schooling Duration, and Social Assistance on Poverty in Gerbangkertosusila Prabowo, Riki Adi; Hutabarat, Ruth Eviana
Journal of Tourism Economics and Policy Vol. 6 No. 1 (2026): Journal of Tourism Economics and Policy (January - March 2026) - In Progress
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v6i1.1815

Abstract

This study aims to analyze the effect of income inequality, average length of schooling, and social assistance on poverty levels in the Gerbangkertosusila region during the period 2020–2024. This study uses a quantitative approach with secondary data obtained from the Central Statistics Agency (BPS). The analysis method used is panel data regression with a Fixed Effect Model (FEM) selected through the Chow Test and Hausman Test. The results show that average length of schooling has a significant and negative effect on poverty, indicating that increased access to and achievement in education can reduce the economic vulnerability of communities. In addition, social assistance has been shown to have a significant impact on reducing poverty, underscoring the importance of social protection programs as a means of improving the welfare of poor households. Conversely, income inequality does not have a significant effect on poverty, meaning that income inequality is not yet a dominant factor in changes to poverty levels in the region. These findings emphasize that strengthening the quality of education and optimizing the distribution of social assistance are key strategies for accelerating poverty reduction efforts in the Gerbangkertosusila region.