PENGARUH PENDAPATAN ASLI DAERAH, DANA ALOKASI UMUM, DANA ALOKASI KHUSUS, DANA BAGI HASIL TERHADAP BELANJA MODAL KABUPATEN/KOTA DI INDONESIA TAHUN 2017-2020

This study aims to analyze the influence of regional revenue components namely Local
Own-Source Revenue (PAD), the General Allocation Fund (DAU), the Special Allocation
Fund (DAK), and Revenue Sharing Funds (DBH) on capital expenditure in regency and
city governments across Indonesia for the period 2017–2020. The research uses a sample
of 503 local governments and relies on secondary data obtained from the Regional
Revenue and Expenditure Realization Reports (APBD) published by the Ministry of
Finance. The data were analyzed using multiple linear regression. The results indicate
that all components of regional revenue PAD, DAU, DAK, and DBH have a positive
effect on capital expenditure. This finding suggests that the greater the fiscal capacity of
local governments, the greater their ability to allocate funds for public investment, such
as infrastructure, social facilities, and public service amenities. In other words, stronger
regional revenue not only expands fiscal space but also reflects the commitment of local governments to strengthening long-term development through capital spending.