Impact of Islamic Finance on Economic Growth
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| Format: | Recurso digital |
| Langue: | anglais |
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2022
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| _version_ | 1866902131748896768 |
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| author | Hassan, M. Kabir Hossain, Shadiya Ahmed, Hasib |
| author_facet | Hassan, M. Kabir Hossain, Shadiya Ahmed, Hasib |
| contents | <p>We estimate the influence of relative strength of Islamic finance on GDP growth for OIC countries, as well as the whole world. We examine both static and dynamic relationship between Islamic finance and economic development using the panel data. We find that Islamic finance has a strong positive relationship with economic growth. We also use propensity score matching in our analysis to account for variables predictive of log(GDP). Finally we address selection bias by using an iterative Markov Chain Monte Carlo method to fill in the missing variables. Both of these techniques reinforce our primary findings.</p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_16947280 |
| institution | Zenodo |
| language | eng |
| publishDate | 2022 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | Impact of Islamic Finance on Economic Growth Hassan, M. Kabir Hossain, Shadiya Ahmed, Hasib Islamic banking; financial inclusion; economic development; poverty <p>We estimate the influence of relative strength of Islamic finance on GDP growth for OIC countries, as well as the whole world. We examine both static and dynamic relationship between Islamic finance and economic development using the panel data. We find that Islamic finance has a strong positive relationship with economic growth. We also use propensity score matching in our analysis to account for variables predictive of log(GDP). Finally we address selection bias by using an iterative Markov Chain Monte Carlo method to fill in the missing variables. Both of these techniques reinforce our primary findings.</p> |
| title | Impact of Islamic Finance on Economic Growth |
| topic | Islamic banking; financial inclusion; economic development; poverty |
| url | https://doi.org/10.5281/zenodo.16947280 |