Pengaruh Belanja Modal dan Investasi terhadap Pembangunan Ekonomi Kabupaten/Kota di Provinsi Jawa Tengah

Abstract

Economic development is currently influenced by the internal policies of local governments, such as the large proportion of government expenditure allocated. In order to compensate for the performance of economic development, hence the need for the role of government and the private sector need to be improved, where investment as one of the alternatives in order to achieve the economic development. How big is the minimal requirements and the extent of correlation with indicators of successful economic development as the human development index, the economic growth rate, per capita income, poverty, and the open unemployment rate. The aims of this research are to determine the development of the human development index, the rate of population growth, per capita income, poverty, and the open unemployment rate, determine the effect of capital expenditure and investment towards human development index, the economic growth rate, income per capita, the poor, and the open unemployment rate. The analytical method used to test the hypothesis is boxplot analysis, cluster analysis and regression analysis. Based on the research, it is known that there are three classes in the economic development in Central Java province, of which the first class to have a common index of human development, and the growth rate of economics are in Cilacap district, Magelang City, Surakarta, Semarang and City Pekalongan. Grades two to have similar levels of percentage of the poor and the jobless rate was in Banyumas, Purbalingga, Banjarnegara, Kebumen, Purworejo, Wonosobo, Magelang, Boyolali, Klaten, Sukoharjo, Wonogiri, Karanganyar, Sragen, Grobogan, Blora, Rembang, Pati, Jepara, Demak, Semarang, Temanggung, Kendal, Batang, Pekalongan, Pemalang, Tegal, Brebes, Salatiga, Tegal. Grades three to have a high per capita income only in Kudus. Based on the results of multiple linear regression analysis can be concluded capex and investment affect the human development index  together, but if only partially affect the human development index. Capex will affect the rate of economic growth partially, while investment did not affect the rate of economic growth. The allocation of capital expenditures and investments affect the income per capita together and partially. The allocation of capital expenditures and investment affect poor people together, if partially obtained that the investment variables that negatively affect the percentage of poor people, while the variable capital expenditure does not affect the percentage of poor people. The allocation of capital expenditures and investments do not affect the level of unemployment together and partially.

Keywords:  Capital Expenditure, Investments, Economic Development