EKO-REGIONAL JURNAL PENGEMBANGAN EKONOMI WILAYAH
Vol 19, No 1 (2024)

Fiscal Determinants Of Stress In The Maluku Islands Region

Izaac Tonny Matitaputty (Pattimura University)



Article Info

Publish Date
22 Mar 2024

Abstract

This study identifies and assesses the impact of transfers to regions, local-own source revenue (Pendapatan Asli Daerah, PAD), gross regional domestic product, population, and construction cost index (CCI) on fiscal stress in regencies / cities in Maluku Province in 2015-2022. The data was obtained from Statistics Indonesia and Directorate of Financial Balance of the Ministry of Finance, analyzed quantitatively using panel data regression analysis and a fixed effect model obtained through Hausman test. The results indicate that the transfers to regions and PAD have a negative and significant impact on the fiscal stress, in contrast to the CCI. They suggest that higher transfers to regions and PAD would decrease the fiscal stress, and the CCI was a determinant in the local expenditure to increase regional growth and community services. The stress caused by limited PAD might be alleviated by the availability of potential regional resources and readiness of human resources.

Copyrights © 2024






Journal Info

Abbrev

eko-regional

Publisher

Subject

Economics, Econometrics & Finance

Description

EKO-REGIONAL Jurnal Pembangunan Ekonomi Wilayah (Journal of Regional Economic Development) is a scientific journal containing research results on regional economics, tourism economics, geographical economics, natural resource economics, SMEs development, and local economic development. The journal ...