PENGARUH PENDAPATAN ASLI DAERAH, DANA ALOKASI UMUM, DAN DANA ALOKASI KHUSUS TERHADAP INDEKS PEMBANGUNAN MANUSIA DENGAN ALOKASI BELANJA MODAL SEBAGAI VARIABEL INTERVENING (STUDI PADA EKS-KARISIDENAN DI PROVINSI JAWA TENGAH TAHUN 2010-2015)

Abstract

Human capital is one of the important towards to a better economic development. Aside from being an object, human is one of subject in development goals, in this case measured by human development index. The result of human development index in Central Java is still relatively low, with fifth out of six provinces in Java. Fiscal decentralization policy requires local independence in manage revenue and expenditures. The goals of this study was to analyze the effect of local revenue (PAD), the general allocation fund (DAU), and special allocation fund (DAK) to capital expenditures (BM), and the effect of capital expenditure (BM) to human development index (HDI). The data used is secondary data. The analytical method used in this research is Ordinary Least Square (OLS) with fixed effect approach. The data used is data panel 2010-2015. The first results showed that the variable PAD have a positive significant effect on BM in all residency. The variable DAU have a positive significant effect on BM in Banyumas residency, Surakarta residency, and Semarang residency, while in Kedu residency and Pekalongan residency have a positive not significant, and in Pati residency havea negative not significant. The variabel DAK have a positive significant on BM in Pekalongan residency, Surakarta residency, and Semarang residency, while in Kedu residency and Pati residency have a positive not significant, and in Banyumas residency have a negative significant. The second result that BM have a positive effect on HDI in all residency