Flypaper effect pada Belanja Modal Pemerintah Daerah: Analisis Data Panel Kabupaten/Kota di Provinsi Bengkulu
DOI:
https://doi.org/10.35870/jemsi.v12i4.6742Keywords:
Capital Expenditure, Physical Special Allocation Fund (DAKF), General Allocation Fund, Flypaper Effect, Local Own-Source Revenue (PAD)Abstract
This study aims to analyze the effect of Local Own-Source Revenue (PAD), the General Allocation Fund (DAU), and the Physical Special Allocation Fund (DAKF) on regional capital expenditure (BM), and to test the presence of the flypaper effect in districts/municipalities of Bengkulu Province during 2019–2024. The study uses a balanced panel dataset of 10 local governments over six years (60 observations), with all variables transformed into natural logarithms. The data are analyzed using a random-effects panel regression model with robust inference. The results show that PAD does not have a significant effect on capital expenditure, while DAU and DAKF have positive and significant effects. A Wald test on coefficient restrictions indicates that the effect of DAU is statistically more dominant than that of PAD, confirming the presence of the flypaper effect. These findings indicate that capital expenditure in districts/municipalities of Bengkulu Province remains more responsive to intergovernmental transfers than to local own-source revenue. The study implies the need to improve capital expenditure planning quality and strengthen local fiscal capacity to support fiscal independence and better public services.
Downloads
References
Agrawal, D. R., Hoyt, W. H., & Wilson, J. D. (2022). Local policy choice: Theory and empirics. Journal of Economic Literature, 60(4), 1378–1455. https://doi.org/10.1257/jel.20201490.
Alves, P. J. H. F., & Araujo, J. M. (2024). The effects of intergovernmental transfers on the local fiscal incentives of Brazilian municipalities. Journal of Government and Economics, 13(October 2023), 100104. https://doi.org/10.1016/j.jge.2024.100104.
Baltagi, B. (2021). Econometric analysis of panel data (6th ed.). Springer Cham. https://doi.org/10.1007/978-3-030-53953-5.
Chen, C., & Martinez-vazquez, J. (2024). Fiscal decentralization and public infrastructure maintenance expenditures: A cross-country panel analysis. Public Finance & Management, 23(1–2), 3–21. https://doi.org/10.1177/15239721241243141.
Creswell, J. W. (2009). Research design: Qualitative, quantitative, and mixed methods approaches. SAGE Publications. https://doi.org/10.5005/jp/books/13016_6.
Fikri, F., Pudjihardjo, M., & Sakti, R. K. (2020). Flypaper effect analysis on regional expenditure in East Java Province, Indonesia. Jurnal Ekonomi dan Studi Pembangunan, 21(2), 249–257. https://doi.org/10.18196/jesp.21.2.5045.
Hines, J. R., & Thaler, R. H. (1995). Anomalies: The flypaper effect. Journal of Economic Perspectives, 9(4), 217–226. https://doi.org/10.1257/jep.9.4.217.
Ihwandi, L. R., & Khoirunurrofik. (2023). Regional financial performance and inclusive economic development: Empirical evidence from provinces in Indonesia. Jurnal Bina Praja, 15(2), 417–429. https://doi.org/10.21787/jbp.15.2023.417-429.
Iliopoulos, P., & De Witte, K. (2024). The expenditure composition and trade-offs in local government budgets. Socio-Economic Planning Sciences, 93. https://doi.org/10.1016/j.seps.2024.101900.
Kemendagri. (2020). Peraturan Menteri Dalam Negeri Republik Indonesia Nomor 77 Tahun 2020 tentang Pedoman Teknis Pengelolaan Keuangan Daerah. Kementerian Dalam Negeri Republik Indonesia.
Kementerian Keuangan Republik Indonesia. (2024). Peraturan Menteri Keuangan Republik Indonesia Nomor 25 Tahun 2024 tentang Pengelolaan Dana Alokasi Khusus Fisik.
Lago, M. E., Lago, S., Jorge, P., & Vazquez, M. (2024). On the effects of intergovernmental grants: A survey. International Tax and Public Finance, 31(3), 856–908. https://doi.org/10.1007/s10797-023-09816-7.
Merlo, V. (2023). Valeria Merlo discussion of: Natural resource revenues and municipal finance. Economic Policy, 38(115), 605–606. https://doi.org/10.1093/epolic/eiad040.
Musviyanti, M., Khairin, F. N., Bone, H., Syakura, M. A., & Yudaruddin, R. (2022). Structure of local government budgets and local fiscal autonomy: Evidence from Indonesia. Public and Municipal Finance, 11(1), 7–89. https://doi.org/10.21511/pmf.11(1).2022.07.
Nurosidah, S. (2025). Intergovernmental transfers reduction policy and flypaper effect: Case of COVID-19 pandemic in Indonesia. Jurnal Ekonomi dan Studi Pembangunan, 15(1).
Pambudi, A. S., Agnelia, D. P., & Putri, Desak Made Annisa, C. (2022). Evaluation of contribution and distribution of special allocation fund (DAK) physical assignment thematic of sustainable economic infrastructure provision. Jurnal Penelitian dan Pengembangan Pendidikan, 6(1), 135–151. https://doi.org/10.36574/jpp.v6i1.250.
Perpres. (2023). Peraturan Presiden (Perpres) Nomor 15 Tahun 2023 tentang Petunjuk Teknis Dana Alokasi Khusus Fisik Tahun Anggaran 2023 (Issue 169859).
Pradana, A. C. T., & Mun’im, A. (2022). The effect of local revenue and balancing funds on the economy of Bali Province in 2012–2019. Jurnal Bina Praja, 14(3), 439–451. https://doi.org/10.21787/jbp.14.2022.439-451.
Purbarini, E., & Masdjojo, G. N. (2015). Flypaper effect on operating expenditure and capital expenditure of the city government in Indonesia. Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan, 16(1), 75. https://doi.org/10.23917/jep.v16i1.939.
Rukmini, M., Riningsih, D., Marwanto, H., Yunanto, F., So, M., & Az Zahra, N. E. P. (2025). Determinants of local government capital expenditure in Indonesia. In I. Qasem (Ed.), Data-Driven Decision Making for Sustainable Business Growth (pp. 305–317). Springer Nature Switzerland. https://doi.org/10.1007/978-3-031-96530-2_28.
Septianingrum, N. A., Halim, A., & Utami, T. P. (2025). Local expenditure financing response in regencies and municipalities in Indonesia: Analysis of the flypaper effect phenomenon. Journal of Accounting and Investment, 26(1), 1–17. https://doi.org/10.18196/jai.v26i1.23983.
Shani, R., Reingewertz, Y., & Vigoda-Gadot, E. (2023). Intergovernmental grants and local public finance: An empirical examination in Israel. European Journal of Political Economy, 79(September 2023). https://doi.org/10.1016/j.ejpoleco.2023.102420.
Shidqi, F., & Arfiansyah, Z. (2025). Good governance and corruption in local governments: The role of internal control and audit. Jurnal Akuntansi dan Auditing Indonesia, 29(1), 1–11.
Sugiyono. (2023). Metodologi penelitian kuantitatif, kualitatif dan R & D (Kedua). Alfabeta Bandung.
Sutaryo, S., Sahari, S. B., Jakpar, S. Bin, & Balia, S. S. Bin. (2022). Timeliness of local government budgeting in Indonesia: Do internal audit function and political factors matter? Jurnal Akuntansi dan Keuangan Indonesia, 16(1), 65–81.
Takahata, J., Dartanto, T., & Khoirunurrofik, K. (2021). Intergovernmental transfers in Indonesia: The risk sharing effect of Dana Alokasi Umum. Journal of Southeast Asian Economies, 38, 81–99. https://doi.org/10.1355/ae38-1d.
Tanjung, A. H., Salam, S., Rusdi, J. F., Ermawati, Y., Novianty, I., Hendaris, R. B., & Apriliawati, Y. (2021). Flypaper effect assessment methods in the expansion of regional autonomy. MethodsX, 8. https://doi.org/10.1016/j.mex.2021.101387.
Trisnani, S. A., & Isthika, W. (2022). Pengaruh pajak daerah, dana alokasi umum, dana alokasi khusus dan dana bagi hasil terhadap belanja modal. Jurnal Akuntansi Indonesia, 11(1), 26–36.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Sonia Otary Zr, Fachruzzaman Fachruzzaman
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
1. Copyright Retention and Open Access License
Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2. Rights Granted Under CC BY 4.0
Under this license, readers are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, including commercial use
- No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed
3. Attribution Requirements
All uses must include:
- Proper citation of the original work
- Link to the Creative Commons license
- Indication if changes were made to the original work
- No suggestion that the licensor endorses the user or their use
4. Additional Distribution Rights
Authors may:
- Deposit the published version in institutional repositories
- Share through academic social networks
- Include in books, monographs, or other publications
- Post on personal or institutional websites
Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.
5. Self-Archiving and Pre-Print Sharing
Authors are encouraged to:
- Share pre-prints and post-prints online
- Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
- Engage in scholarly communication throughout the publication process
6. Open Access Commitment
This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.
