Pengaruh Investasi, Kemandirian Daerah, Pertumbuhan Ekonomi, Pajak Daerah, Dan Retribusi Daerah Terhadap Belanja Modal (Studi Empiris pada Kabupaten/Kota di seluruh Indonesia Tahun 2018-2019)

This study aims to test whether investment, regional independence, economic growth, local taxes, regional levies affect capital expenditures. The dependent variable in this study is capital expenditure obtained from the realization of the regional budget for revenues and expenditures. The independent variables in this study are investment, regional independence, economic growth, local taxes, regional levies. In addition, this study also uses secondary data collection methods. The hypothesis testing of this research was conducted using panel data regression analysis. This study provides statistical results showing that local taxes have a positive and influential effect on capital expenditures, while investment, regional independence, economic growth, regional taxes, and regional levies have no effect on capital expenditures