DAMPAK BELANJA MODAL DAN PENDAPATAN ASLI DAERAH TERHADAP PERTUMBUHAN EKONOMI DAN KESEJAHTERAAN MASYARAKAT SEBAGAI VARIABEL INTERVENING DI SULAWESI SELATAN

This research aims to analyze the impact of capital expenditure and local revenue (PAD) on economic growth and community welfare in South Sulawesi, with community welfare as an intervening variable. Capital expenditure and PAD are important components in regional financial management which have the potential to encourage sustainable economic growth. This research uses a quantitative analysis method with a regression model approach to measure the direct and indirect influence of the variables studied. The research resukts show that capital expenditure and PAD have a significant positive effect on economic growth, and indirectly improve people’s welfare through economic growth as a mediator. In conclusion, increasing capital expenditure and PAD can accelerate economic growth which ultimately has an impact on improving the welfare of the people in South Sulawesi. Keywords: Capital Expenditure, Local Revenue, Economic Growth, Community Welfare