International Journal of Social Science, Educational, Economics, Agriculture Research, and Technology (IJSET)
Vol. 5 No. 6 (2026): MAY

ANALYSIS OF THE INFLUENCE OF REGIONAL CAPITAL EXPENDITURE, INVESTMENT PRIVATE ENTERPRISE, LABOR AND SPECIAL ALLOCATION FUNDSON THE ECONOMIC GROWTH OF ACEH PROVINCE

M. Nur Akarim (Universitas Negeri Medan)
Fitri Rahmadana (Universitas Negeri Medan)
Muhammad Yusuf (Universitas Negeri Medan)
Ainul Mardhiyah (Universitas Negeri Medan)
Arwansyah (Universitas Negeri Medan)
Khairani Alawiyah Matondang (Universitas Negeri Medan)
Fitrawaty (Universitas Negeri Medan)



Article Info

Publish Date
24 May 2026

Abstract

This study aims to analyze the effect of capital expenditure on regional economic growth in Aceh Province by considering control variables and the Special Autonomy Fund (DOKA) as a moderating variable. The control variables include the Open Unemployment Rate (TPT), Labor Force Participation Rate (TPAK), Human Development Index (HDI), and investment. This study employs panel data covering 23 regencies/cities over the period 2016–2025. The analytical method used is panel data regression with a Fixed Effect Model (FEM), selected based on the Chow test and Hausman test. Estimation is conducted using robust standard errors (White cross-section) to address potential heteroskedasticity and autocorrelation issues. The results indicate that capital expenditure has a positive and significant effect on economic growth. The HDI and investment variables also show positive and significant effects, while TPT and TPAK are not statistically significant. DOKA has a positive effect on economic growth; however, the interaction between capital expenditure and DOKA shows a significant negative effect, indicating that DOKA tends to weaken the effectiveness of capital expenditure. These findings highlight the importance of improving fiscal governance quality so that capital expenditure and DOKA can be more effective in promoting regional economic growth.

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Journal Info

Abbrev

ijset

Publisher

Subject

Agriculture, Biological Sciences & Forestry Humanities Computer Science & IT Economics, Econometrics & Finance Education

Description

International Journal of Social Science, Educational, Economics, Agriculture Research, and Technology (IJSET) is an international journal that publishes popular articles in the fields of Social Science, Education, Economics, Agricultural Research, and Technology. IJSET is published every month in ...