Analysis of village fund efficiency and the variables affecting it in Indonesia

Since the reform era, Indonesia has experienced three stages of fiscal decentralization. In the third stage, the focus of the policy shifted to village development by giving authority to manage village funds. However, due to a lack of supervision and inefficient governance, this policy has not been...

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Main Authors: Sutikno, Zulkefly Abdul Karim, Alifah Rokhmah Idialis
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2025-04-01
Series:Public and Municipal Finance
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Online Access:https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/21948/PMF_2025_02_Sutikno.pdf
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author Sutikno
Zulkefly Abdul Karim
Alifah Rokhmah Idialis
author_facet Sutikno
Zulkefly Abdul Karim
Alifah Rokhmah Idialis
author_sort Sutikno
collection DOAJ
description Since the reform era, Indonesia has experienced three stages of fiscal decentralization. In the third stage, the focus of the policy shifted to village development by giving authority to manage village funds. However, due to a lack of supervision and inefficient governance, this policy has not been able to improve the quality of rural development. The purpose of this study is to evaluate the level of efficiency of village fund use and analyze the variables that influence it. This study employs data envelopment analysis (DEA) to determine the level of efficiency and binary logistic regression to determine the variables that influence it in 2018 and 2021. The results show an increase in the number of provinces experiencing efficiency in managing village funds. In 2018, 10 provinces (30.30%) were declared efficient, but the remaining 23 (69.70%) were declared inefficient. In 2021, the number of provinces declared efficient increased to 14 (42.42%), while 19 (57.58%) were still considered inefficient. This finding signals that the level of village fund efficiency in Indonesia is still a major challenge toward increasing rural economic growth. The variable that significantly affects the level of efficiency is the level of education of the village head. The lack of human resources who have expertise in village fund management has resulted in low-quality implementation of village development and community empowerment programs.
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language English
publishDate 2025-04-01
publisher LLC "CPC "Business Perspectives"
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spelling doaj-art-cf7aee42485f4c5f8c3fb5eb0c8e49a52025-08-20T03:44:36ZengLLC "CPC "Business Perspectives"Public and Municipal Finance2222-18672222-18752025-04-0114211410.21511/pmf.14(2).2025.0121948Analysis of village fund efficiency and the variables affecting it in IndonesiaSutikno0https://orcid.org/0000-0003-4269-9166Zulkefly Abdul Karim1https://orcid.org/0000-0002-6782-3592Alifah Rokhmah Idialis2https://orcid.org/0000-0003-2381-9644Ph.D., Department of Economics, Trunojoyo University Madura, IndonesiaPh.D., Professor, Faculty of Economics and Management, National University of Malaysia, MalaysiaMSc., Department of Economics, Trunojoyo University Madura, IndonesiaSince the reform era, Indonesia has experienced three stages of fiscal decentralization. In the third stage, the focus of the policy shifted to village development by giving authority to manage village funds. However, due to a lack of supervision and inefficient governance, this policy has not been able to improve the quality of rural development. The purpose of this study is to evaluate the level of efficiency of village fund use and analyze the variables that influence it. This study employs data envelopment analysis (DEA) to determine the level of efficiency and binary logistic regression to determine the variables that influence it in 2018 and 2021. The results show an increase in the number of provinces experiencing efficiency in managing village funds. In 2018, 10 provinces (30.30%) were declared efficient, but the remaining 23 (69.70%) were declared inefficient. In 2021, the number of provinces declared efficient increased to 14 (42.42%), while 19 (57.58%) were still considered inefficient. This finding signals that the level of village fund efficiency in Indonesia is still a major challenge toward increasing rural economic growth. The variable that significantly affects the level of efficiency is the level of education of the village head. The lack of human resources who have expertise in village fund management has resulted in low-quality implementation of village development and community empowerment programs.https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/21948/PMF_2025_02_Sutikno.pdfefficiencyfinancial governancefiscal decentralizationvillage funds
spellingShingle Sutikno
Zulkefly Abdul Karim
Alifah Rokhmah Idialis
Analysis of village fund efficiency and the variables affecting it in Indonesia
Public and Municipal Finance
efficiency
financial governance
fiscal decentralization
village funds
title Analysis of village fund efficiency and the variables affecting it in Indonesia
title_full Analysis of village fund efficiency and the variables affecting it in Indonesia
title_fullStr Analysis of village fund efficiency and the variables affecting it in Indonesia
title_full_unstemmed Analysis of village fund efficiency and the variables affecting it in Indonesia
title_short Analysis of village fund efficiency and the variables affecting it in Indonesia
title_sort analysis of village fund efficiency and the variables affecting it in indonesia
topic efficiency
financial governance
fiscal decentralization
village funds
url https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/21948/PMF_2025_02_Sutikno.pdf
work_keys_str_mv AT sutikno analysisofvillagefundefficiencyandthevariablesaffectingitinindonesia
AT zulkeflyabdulkarim analysisofvillagefundefficiencyandthevariablesaffectingitinindonesia
AT alifahrokhmahidialis analysisofvillagefundefficiencyandthevariablesaffectingitinindonesia