Pengaruh PAD dan Dana Perimbangan terhadap Belanja Modal dengan Pertumbuhan Ekonomi sebagai Variabel Moderasi pada Provinsi di Indonesia

Rendy Alvaro (Pusat Kajian Anggaran, Badan Keahlian Setjen DPR RI)
Adhi Prasetyo Satrio Wibowo

Jurnal Budget
Vol 5 No 2 (2020): Jurnal Budget: Isu dan Masalah Keuangan Negara

This study uses EViews 9 to analyze panel data consisting of cross-sections and time series in 33 provinces from 2010-2018. From the test results, it is found that PAD, DAK, and DBH have a significant positive effect on capital expenditure. The DAU does not affect capital spending, while economic growth has a significant negative effect on capital spending. Furthermore, economic growth moderates PAD and DAU has a significant positive effect on capital spending, but economic growth moderated DAK and DBH had a significant negative effect on capital spending.