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Aris Setiyanto



Indonesia's Capital Expenditure and Economic Growth 1990-2020: Role of Accountability


05 Agustus 2024 / JURNAL TATA KELOLA DAN AKUNTABILITAS KEUANGAN NEGARA, Vol. 7, No. 2, 2021: 245-256


This study examines the empirical relationship between capital expenditures and economic growth. It examines whether capital expenditures and accountability complement each other to encourage Indonesia"s economic growth throughout 1990-2020. Using the autoregressive distributed lag (ARDL) bounds test, this study finds a cointegrated relationship between capital expenditure and economic growth in Indonesia during this period. In particular, capital expenditures have a nega-tive impact on long-term growth. However, it is interesting that government capital expenditure with accountability shows a positive and significant effect on long-term growth. This demonstrates the importance of government accountability in managing government capital expenditures. This study implies that the government needs to increase accountability for the capital expenditures that have been realized to provide optimal benefits for Indonesia"s economy in the long term
2021_ART_PP_Aris_Setiyanto_02.pdf



Foreign direct investment and its controversy: a brief review


04 Desember 2023 / WARTA PEMERIKSA ENGLISH VERSION EDITION 1 VOL. III 2022 77


From a philosophical and ideological perspective, it seems that the presence of FDI will be more likely to be opposed. They stressed the need for national control over domestic economic activity. Many observers argue that multinational corporations can use their economic power to influence government policies at all levels.
2022_ART_PP_Aris_Setiyanto_02.pdf



The implementation of benford


04 Maret 2022 / Jurnal Tata Kelola & Akuntabilitas Keuangan Negara (JTAKEN); Jakarta Vol. 7, No. 2, (December 2021): 245-256. DOI: 10.28986/jtaken.v7i2.653.


This study examines the empirical relationship between capital expenditures and economic growth. It examines whether capital expenditures and accountability complement each other to encourage Indonesia"s economic growth throughout 1990-2020. Using the autoregressive distributed lag (ARDL) bounds test, this study finds a cointegrated relationship between capital expenditure and economic growth in Indonesia during this period. In particular, capital expenditures have a negative impact on long-term growth. However, it is interesting that government capital expenditure with accountability shows a positive and significant effect on long-term growth. This demonstrates the importance of government accountability in managing government capital expenditures. This study implies that the government needs to increase accountability for the capital expenditures that have been realized to provide optimal benefits for Indonesia"s economy in the long term.
2021_ART_PP_JURN12.pdf