The Effect Of Economic Growth, Local Revenue And Population On Capital Expenditure
| Authors | ||
| Issue | Vol 8 No 1 (2025): Talenta Conference Series: Local Wisdom, Social, and Arts (LWSA) | |
| Section | Articles | |
| Section |
Copyright (c) 2025 Talenta Conference Series  This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. |
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| Galley | ||
| DOI: | https://doi.org/10.32734/lwsa.v8i1.2400 | |
| Keywords: | Economic Growth Local Revenue Population And Capital Expenditure | |
| Published | 2025-02-28 |
Abstract
The aim of this research is to determine the influence of economic growth, local revenue and population on capital expenditure in the city region of North Sumatra Province in 2009-2023. The type of research used is quantitative using secondary data sourced from the Central Statistics Agency (BPS) with Cross Section 8 Cities and the observation range is 2009-2023. The type of research used is quantitative research which is mathematical in nature and uses systematic formulas. The type of data in this research is secondary data using panel data regression method with Common Effect Model which ranges from 2009-2023 and 8 Cities of North Sumatra Province. The results showed that economic growth and local revenue had a positive and significant effect on capital expenditures in the city areas of North Sumatra Province, while population had a positive but insignificant effect on capital expenditures in the city areas of Sumatra Province in 2009-2023.
