Pengaruh Pendapatan Asli Daerah, Dana Bagi Hasil, Dana Alo.Kasi Umum, Dana Alo.Kasi Khusus, Bantuan Keuangan Provinsi dan Sisa Lebih Peridtungan Anggaran terhadap Indeks Pembangunan Manusia di Indonesia dengan Dana Penyesuaian sebagai Variabel Moderating

Abstract

The objective of the research is to analyze the influence of the regional expenditure and population on the regional financial independence through the regionally generated revenues of District/City Governments in North Sumatera Province. The research type is causality. The population is all 33 District/City Governments in North Sumatera Province consisting of 25 Districts and 8 Cities. The samples are selected by means of census method and five year observation period (2010-2014), thus, there are 165 samples. The data are analyzed using multiple linear regression and PATH analysis. The results show that direct expenditure, indirect expenditure, population, and regionally generated revenues simultaneously influence financial independence. Partially, direct expenditure does not have any influence, but indirect expenditure has a negative and significant influence. Population and regionally generated revenues have a positive and significant influence on regional financial independence of the District/City Governments in North Sumatera Province. The direct influence of direct and indirect expenditure variables on regional financial independence is smaller than its indirect influence. The direct influence of population on financial independence is bigger than its indirect influence. Regionally generated revenue is proven to be the intervening variable on direct and indirect expenditures variable and not as the intervening variable on population variable of District/City Governments in North Sumatera Province.