The Effect of Regional Original Revenue, Balancing Funds, Capital Expenditure, and Financial Performance on Economic Growth in Regency/City in North Sumatra Province for the Years 2017- 2021

Abstract

This research aims to analyze the effect of Regional Original Revenue (PAD), Balance Funds, Capital Expenditure, and Financial Performance on Economic Growth in the Districts/Cities located in the North Sumatra Province. The sample in this research consists of 33 from 25 districts and 8 cities located in North Sumatra Province, with the data used in this study being secondary data. The data used covers a period of 5 years, starting from 2017 to 2021. The data was processed using multiple linear regression analysis and using the SPSS program version 24. The results of this study indicate that regional original income has a significant positive impact on economic growth, regional original income that has a significant economic growth impact on Districts/Cities located in North Sumatra in relation to poverty, balance funds do not/ have a significant negative/positive impact on economic growth.