Human Development Index: Examining the Effect of Fiscal Decentralization and the Moderating Role of Private Investment
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 09
Abstract
Bali Province is a tourist destination and has rapid economic growth in Indonesia, but Bali Province faces several challenges in terms of the Human Development Index (HDI). The achievement of HDI is the responsibility of local governments, especially in autonomous regions. With regional autonomy, the government has the flexibility to increase the degree of fiscal decentralization and design appropriate budget allocations. Bali Province is also one of the investment destinations for investors which certainly has an impact on people's lives. This research will try to examine the effect of the level of fiscal decentralization of a region on the achievement of the Human Development Index. This research also tries to use the role of private investment as a moderator. The research data comes from the financial statements and publications of the Central Bureau of Statistics of Bali Province for the period 2012-2021. The results of data testing show that fiscal decentralization has a positive and significant effect on HDI. Private investment has not been able to moderate the relationship between fiscal decentralization and HDI. When a region has a high level of financial independence, of course, the local government can more freely determine regional spending policies, especially to sectors that can increase HDI. In addition, local governments also need to pay attention to investments made by the private sector, so that they are in line with the government's objectives in increasing HDI.
Authors and Affiliations
I Made Aditya Pramartha, Gede Sanjaya Adi Putra, I Komang Putra
Keywords
Related Articles
- EP ID EP727553
- DOI 10.47191/jefms/v6-i9-54
- Views 13
- Downloads 0
The Influence of Mobile Banking and Quick Response Code Indonesian Standard (QRIS) on the Financial Performance of Bank BPD DIY
This research aims to determine the influence of Mobile Banking and Quick Response Code Indonesia Standard (QRIS) on the Financial Performance of Bank BPD DIY. The data in the research uses secondary data, where the data...
Relevance of Value Owned Profit and Cash Flows Based on the Life Cycle in the Growth Stage of Food and Beverages Companies Listed on the Indonesia Stock Exchange
This study aims to determine the relevance of the value of earnings and cash flow as a measure of accounting performance against market value when the company is in the growth life cycle. The sample of this company is a...
The Ability of the Beneish M-Score To Detect the Trends of Fraud in the Indonesian Sharia Stock Index
The purpose of this study is to determine the level of ability of the Beneish M-Score in detecting financial statement fraud tendencies. This study uses a quantitative approach with logistic regression analysis technique...
The Socio-Economic Profile of Coastal Area in Aurora, Philippines: A Basis for Extension and Development Programs
This research paper employed a descriptive research design to create a socio-economic community profile of Brgy. Gupa, Dipaculao, Aurora that can be used in formulating suitable extension program for the community. Resul...
The Judicial and Legislative System in the Society of Prof. Momchil Dobrev’s and by Prof. Mariola Garibova-Dobrev’s Theory of SocioHumanism - Against the Judiciary of the Global Mafia Masonic Elite and its Deep Rule
: Lord Prof. PhD PhD Momtchil Dobrev-Halachev and Prof. Mariola Garibova-DObreva developed 2006 Theory of socio-humanism by developing the creation of a new human society with a new political, economic, social, health,...