Utilization of Regional Government Assets and Economic Growth in the Special Region of Yogyakarta

Abstract

Regional assets are an important resource for local governments as the main support for regional revenues. Therefore, it is important for local governments to be able to manage assets adequately to boost the economy. This study analyzes asset utilization, population density, health facilities, educational facilities, and financial facilities on economic growth in the Special Region of Yogyakarta. The research sample was selected based on purposive sampling by considering the potential assets of the local government. Data were analyzed using a regression model. The results showed that the utilization of local government assets did not affect economic growth. Economic growth in districts/cities where the Special Region of Yogyakarta regional government's assets are located is influenced by population density, health facilities, educational facilities, and financial facilities. This is because there are still many local government assets that are idle or utilized, but their utilization has not been optimal. So that local governments must be able to compile asset utilization models that can drive the economy