Pengaruh Kinerja Keuangan Pemerintah Daerah Terhadap Belanja Modal (Studi di Kabupaten/Kota Provinsi Jambi Tahun 2014 – 2018)

Abstract

Penelitian ini bertujuan untuk mengetahui bagaimana pengaruh kinerja keuangan pemerintah daerah terhadap belanja modal di Kabupaten/Kota Provinsi Jambi baik secara simultan maupun secara parsial yang dilihat dari rasio pertumbuhan Pendapatan Asli Daerah (PAD), rasio desentralisasi fiskal, rasio efektivitas dan rasio efisiensi.
 Penelitian ini menggunakan analisis pendekatan kuantitaf. Data yang digunakan dalam penelitian ini adalah data sekunder dalam bentuk time series yaitu berupa Laporan Realisasi Anggaran Pemerintah Kabupaten/Kota di Provinsi Jambi tahun 2014 – 2018.
 Metode analisis yang digunakan adalah analisis regresi data panel dengan menggunakan bantuan E-Views 8. Hasil pengujian dengan regresi data panel menggunakan Random Effect Model (REM) menunjukkan bahwa kinerja keuangan secara simultan berpengaruh terhadap belanja modal Kabupaten/Kota Provinsi Jambi pada tahun 2014-2018 dan secara parsial rasio pertumbuhan PAD berpengaruh terhadap belanja modal, rasio desentralisasi fiskal tidak berpengaruh terhadap belanja modal, rasio efektivitas tidak berpengaruh terhadap belanja modal, dan rasio efisiensi berpengaruh terhadap belanja modal.
 Kata Kunci: Kinerja keuangan, Rasio Pertumbuhan PAD, Rasio Desentralisasi Fiskal, Rasio Efektivitas, Rasio Efisiensi dan Belanja Modal.

The Impact of Regional Government Financial Performance on Capital Expenditure

“…(Drew et al (2015); Valcarcel (2013) contain that the smaller the value of the efficiency ratio, it means that the implementation of local government indicates more efficient performance. Past study carried out by (Andriyani et al, 2020;Delima & Marwa, 2016) report that efficiency ratio has a significant effect on capital expenditure. Based on this discussion, financial efficiency toward capital expenditure is hypothesized as follows: H3: financial efficiency significantly affect capital expenditure…”

“…The government plans to carry out policy reforms because this is to provide a strengthening of fiscal decentralization towards capital expenditure so that the results of short-term and long-term policies can be beneficial to the community. Andriyani et al (2020) arguing that fiscal decentralization is a important aspect in the implementation of regional autonomy as a whole, because fiscal decentralization is an overview of the regional ability to increase the local own source revenue. Other scholars (Kudhori, 2015;Sutjipto et al, 2019) suggests that fiscal decentralization is transfer of funds from the central government and broad authority to the provincial government to manage and optimize the existing economic potential gives a positive effect toward capital expenditure allocation.…”

“…The basic services that must be fulfilled are education, health, social facilities and proper public facilities as well as developing a social security system which is an expenditure for the implementation of mandatory affairs (Junaidi, 2012). Thus, scholars (Andriyani et al, 2020;Tamawiwy et al, 2016) suggest that the capital expenditures for public services are expenditures used to finance investment activities by adding assets aimed at improving public facilities and infrastructure, the results of which can be used directly by the people.…”

“…One of the accounting functions in the public sector is to report the achievement of the performance of public sector entities (Pahlevi & Setiawan, 2017) Measures of performance that can be used as information in the decision making allocation of capital expenditure resources, one of which is financial performance (Kitching et al, 2012;Reck, 2001). Despite its importance, little study on capital expenditure has been published; recent studies have focused on financial independence (Arsa & Setiawina, 2015;Kudhori, 2015;Marlina et al, 2017;Praza, 2016;Putri & Rahayu, 2019;Zulkarnain, 2017), fiscal decentralization (Arsa & Setiawina, 2015;Indiyanti & Rahyuda, 2018;Marlina et al, 2017;Praza, 2016;Putri & Rahayu, 2019), and financial efficiency (Andriyani et al, 2020;Delima & Marwa, 2016;Putri & Rahayu, 2019). This study develops and combines previous studies.…”

Comparative Analysis of Local Government Financial Performance Before and During Covid-19 Pandemic

“…In Indonesia, various research related to the impact of the COVID-19 pandemic on public sector organizations were carried out by, among others, Andriyani et al (2020), Sanjaya (2020); Anas (2021), Basri and Gusnardi (2021); Ishak (2021); Onibala et al (2021) and Putra (2021). Research in the public sector concerning the impact of the COVID-19 pandemic on financial performance is mostly found in the form of a case study approach on one or several local governments (Anas, 2021;Andriyani et al, 2020;Basri & Gusnardi, 2021;Onibala et al, 2021). Among others, research in the form of empirical studies was conducted by Putra (2021), who studied the impact of the COVID -19 pandemic on-budget performance, and Ishak (2021), who studied the effect of the COVID-19 pandemic on original local government revenue.…”