- Tytuł:
- The Contribution of Islamic Banking to Indonesia’s Economic Growth: The Evidence from the Vector Error Correction and Variance Decomposition Methods
- Autorzy:
-
Wardhany, Nurhastuty Kesumo
Arshad, Shaista - Powiązania:
- https://bibliotekanauki.pl/articles/417372.pdf
- Data publikacji:
- 2015-09-15
- Wydawca:
- Akademia Leona Koźmińskiego w Warszawie
- Tematy:
-
contribution
Islamic bank
VECM
VDC - Opis:
- Purpose: The aim of this study is to empirically understand whether Islamic banks have a positive relationship to economic growth in Indonesia. Methodology: This study examines the causal relationship amongst several selected variables: real GDP (RY), total deposit (TD), the change in the Consumer Price Index as an inflation proxy (INF), and the ratio of total imports and exports to nominal GDP (OE). In order to accomplish the research objectives of this study, a time series quarterly data spanning from the first quarter of 2003 to the last quarter of 2011 comprising of 36 data points has been used to perform an effective analysis. Findings: The inference deduced here is twofold; First Islamic banks in Indonesia are still unable to contribute significantly to Indonesia’s economic growth. Second, the relationship between Islamic banks and economic growth in Indonesia is positively but weakly correlated. Research Limitations: For this time series research, the researcher is limited by the small amount of data (2003.Q1 to 2011.Q4).
- Źródło:
-
Management and Business Administration. Central Europe; 2015, 3; 89-104
2084-3356 - Pojawia się w:
- Management and Business Administration. Central Europe
- Dostawca treści:
- Biblioteka Nauki
Artykuł