Pengaruh Pendapatan Asli Daerah (PAD), Dana Alokasi Umum (DAU), Dana Alokasi Khusus (DAK) dan Belanja Modal terhadap Tingkat Kemandirian Keuangan Daerah dengan Pertumbuhan Ekonomi sebagai Variabel Moderasi pada Pemerintah Kabupaten/Kota Daerah Istimewa dan Khusus Tahun 2018-2022

Abstract

This study aims to examine and analyze the influence of regional original revenue, general allocation fund, special allocation fund, and capital expenditure on the level of regional financial independence, with economic growth as a moderating variable. The research employs a quantitative method with a causal approach. The data used is secondary data in the form of budget realization reports sourced from the DJPK and BPS portals. The sampling technique applied is purposive sampling, with a total sample of 44 regencies/municipalities from 2018 to 2022. Data analysis is conducted using panel data regression analysis with Eviews software. The results indicate that regional original revenue positively affects the level of regional financial independence. Conversely, the general allocation fund, special allocation fund, and capital expenditure negatively affect regional financial independence. Economic growth is found to moderate the influence of regional original revenue and the general allocation fund on regional financial independence. However, economic growth does not moderate the influence of the special allocation fund and capital expenditure on regional financial independence.