Intervening Alokasi Belanja Pada Pengaruh Kinerja Keuangan Terhadap Pertumbuhan Ekonomi Pemerintah Daerah Jawa Tengah
DOI:
https://doi.org/10.31949/entrepreneur.v4i1.3626Abstract
This study aims to examine and analyze the effec to flocal government financial performance
as measured by the independen ceratio, dependency ratio, degree of decentralization, PAD
effectiveness ratio, degree of BUMD contribution and debt to income ratio on capital
expenditure allocation and economic growth. As well as to examine and analyze the effect of
local government financial performance as measured by the independence ratio,dependency
ratio, degree of decentralization, PAD effectiveness ratio,degree of BUMD contribution and
debt to incomeratio on economic growth to mediated capital expenditure allocation.
This research is a correlational study with acausal relationship, namely to examine the effect
of regional financial performance on economic growth through the allocation of capital
expenditures as an intervening variable. The sample in this study was 35 Regency/City
Governments in Central Java. The data analysis technique used path analysis with SEM
(Structural Equation Modeling).
Theresults showed (1)Financial independence, financial dependence and
The degree of BUMD's contribution did not havea direct effect on the allocation of capital
expenditures. The degree of decentralization, the effectiveness of PAD and the debt to income
ratio have a direct and significant effect on the allocation of capital expenditures. (2)
Financial independence, degree of decentralization and effectiveness of PAD have a direct
effect on economic growth. Financial dependence, degree of BUMD’s contribution, debt to
income ratio and capital expenditure allocation do not have a directand significant effect on
economic growth. (3) Capital expenditur eallocation mediates the effect of the degree of
decentralization, the effectiveness of PAD and the degree of BUMD's contribution on
economic growth. However, the capital expenditure allocation does not mediate the effect of
financial independence, financial dependence and the debt to income ratio to economic
growth
Keywords:
Keywords: Independency ratio, dependency ratio, decentralization degree, PAD effectiveness ratio, BUMD contribution degree, debt to income ratio, capital expenditure allocation and economic growthDownloads
References
Ani, N. L. N. P., & Dwirandra, A. A. N. B. (2014). Pengaruh Kinerja Keuangan Daerah Pada Pertumbuhan Ekonomi, Pengangguran dan Kemiskinan Kabupaten dan Kota. Jurnal Akuntansi Universitas Udayana, 6(3), 481–497. https://ojs.unud.ac.id/index.php/Akuntansi/article/view/8643.
Arikunto, S. (2006). Prosedur Suatu Penelitian : Pendekatan Praktik. Jakarta : PT. Rineka Cipta.
Badan Pusat Statistik. (2020). Produk Domestik Regional Bruto Provinsi Jawa Tengah Menurut Lapangan Usaha 2015-2019. In Semarang : CV. Surya Lestari.
Ghozali, I. (2011). Model Persamaan Struktural Konsep dan Aplikasi dengan Program AMOS 22.00. Semarang : Badan Penerbit Universitas Diponegoro
Hartono, Heriyanto, M., & Yuliani, F. (2020). Pengaruh Kinerja Keuangan Terhadap Pertumbuhan Ekonomi Dengan Alokasi Belanja Modal sebagai Variabel Intervening. Jurnal Ilmu Administrasi Negara, 15(4), 558–568. https://jiana.ejournal.unri.ac.id/index.php/JIANA/article/view/7919.
Hidayat, M. F. (2013). Analisis Pengaruh Kinerja Keuangan Daerah Terhadap Alokasi Belanja Modal ( Studi pada Kabupaten dan Kota di Jawa Timur ). Jurnal Ilmiah Universitas Brawijaya, 1(2), 1–19. https://jimfeb.ub.ac.id/index.php/jimfeb/article/ view/580.
Huda, A. S. (2015). Pengaruh Kinerja Keuangan, Fiscal Stress, dan Kepadatan Penduduk terhadap Alokasi Belanja Modal di Nusa Tenggara Barat. Assets, 5(2), 152–166. http://journal.uin-alauddin.ac.id/index.php/assets/article/view/1194.
Indiyanti, N. M. D., & Rahyuda, H. (2018). Pengaruh Kinerja Keuangan Daerah Terhadap Alokasi Belanja Modal di Provinsi Bali. E-Jurnal Manajemen Universitas Udayana, 7(9), 4713–4746. https://doi.org/10.24843/ejmunud.2018.v07.i09.p04.
Lestari, A. A., Rahayu, S., & Junaidi. (2019). Pengaruh Kinerja Keuangan terhadap Pertumbuhan Ekonomi dengan Alokasi Belanja Modal sebagai Variabel Intervening. Jurnal Akuntansi Dan Keuangan Universitas Jambi, 5(1), 1–15. https://online-journal.unja.ac.id/jaku/article/ view/7792.
Mahmudi. (2010). Analisis Laporan Keuangan Pemerintah Daerah. Panduan bagi Eksekutif, DPRD dan Masyarakat dalam Pengambilan Keputusan Ekonomi, Sosial dan Politik Edisi Kedua. Yogyakarta: UPP Sekolah Tinggi Ilmu Manajemen YKPN.
Nosihana, A., & Yaya, R. (2016). Internet Financial Reporting dan Faktor-Faktor yang Mempengaruhinya Pada Pemerintah Kota dan Kabupaten Di Indonesia. Jurnal Dinamika Akuntansi Dan Bisnis, 3(2), 89–104. https://doi.org/10.24815/jdab.v3i2.5389.
Peraturan Pemerintah Republik Indonesia. (2005). Peraturan Pemerintah Republik Indonesia Nomor 58 tahun 2005 tentang Pengelolaan Keuangan Daerah.
Pradiatmi, I. N., & Wibowo, H. (2015). Pengaruh Kinerja Keuangan Dan Belanja Modal Terhadap Pertumbuhan Ekonomi Pada Kabupaten/Kota Di Jawa Tengah. Jurnal Reviu Akuntansi Dan Keuangan, 5(2), 759–768. https://doi.org/10.22219/jrak.v5i2.5152.
Praza, E. I. (2016). Analisis Pengaruh Kinerja Keuangan terhadap Alokasi Belanja Modal di Provinsi Jambi. Jurnal Perspektif Pembiayaan Dan Pembangunan Daerah, 4(1), 2338–4603. https://online- journal.unja.ac.id/JES/article/view/3530.
Prihastuti, A. H., Taufik, T., & Agusti, R. (2015). Pengaruh Kinerja Keuangan tehadap Alokasi Belanja Modal dan Pertumbuhan Ekonomi di Kabupaten/Kota Riau. Jurnal Sorot, 10(2), 143–154. https://doi.org/10.32639/jimmba.v2i3.484.
Rinova, R., & Dewi, F. G. (2019). Pengaruh Kinerja Keuangan Pemerintah Daerah terhadap Pertumbuhan Ekonomi (Studi pada Daerah Pemekaran di Pulau Sumatera). Jurnal Akuntansi Dan Keuangan, 24(2), 1–19 https://vdocuments.mx/reader/full/-jurnal-ilmiah-berkala-empat-bulanan-issn-1410-1831-jurnal-akuntansi-dan-keuangan.
Rusydi, B. U. (2015). Analisis Determinan Kinerja Keuangan Pemerintah Daerah dan Deteksi Ilusi Fiskal (Studi Kasus Provinsi di Indonesia Tahun 2005-2008). Iqtisaduna, 1(2), 116–129. http://journal.uin-alauddin.ac.id/index.php/Iqtisaduna/article/view/1250.
Sari, G. N., Kindangen, P., & Rotinsulu, T. O. (2016). Pengaruh Kinerja Keuangan Terhadap Pertumbuhan Ekonomi Perkotaan Di Sulawesi Utara Tahun 2004 -2014. Jurnal Pembangunan Ekonomi Dan Keuangan Daerah, 18(2), 1–19. https://doi.org/10.35794/jpekd.12789.18.2.2016.
Sularso, H., & Restianto, Y. E. (2011). Pengaruh Kinerja Keuangan tehadap Alokasi Belanja Modal dan Pertumbuhan Ekonomi Kabupaten/Kota di Jawa Tengah. Media Riset Akuntansi. Media Riset Akuntansi, 1(2), 109–124. http://jurnal.bakrie.ac.id/index.php/journal_MRA/article/view/22.
Suwandi, K. A., & Tahar, A. (2015). Pengaruh Kinerja Keuangan Terhadap Pertumbuhan Ekonomi Daerah Dengan Alokasi Belanja Modal Sebagai Variabel Intervening (Studi pada Pemerintah Kabupaten/Kota D.I. Yogyakarta). InFestasi, 11(2), 118–136. https://doi.org/10.21107/infestasi.v11i2.1127.
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 syafnita
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
COPYRIGHT NOTICE
An author who publishes in the Entrepreneur: Jurnal Bisnis Manajemen dan Kewirausahaan agrees to the following terms:
1. Author retains the copyright and grants the journal the right of first publication of the work simultaneously licensed under the Creative Commons Attribution-ShareAlike 4.0 License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal
2. The author is able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book) with the acknowledgment of its initial publication in this journal.
3. The author is permitted and encouraged to post his/her work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of the published work
