Work

Islamic Finance Development and Economic Growth: Empirical Evidence From Turkey

Year: 2017
Type: article
Abstract: This work is a study on Islamic finance development and economic growth nexus for Turkey. It employs the econometric methods of unit root, co-integration, and Granger causality in a VECM framework; and the results, which are robust to all measures of Islamic finance development, show a unidirectional short and long run causality from Islamic finance development to economic growth. Hence, it is recommended that policy makers increase their efforts in promoting Islamic finance in Turkey.
Language: English
Subfield: Accounting
Open Access status: diamond
OpenAlex ID: W2591422490
FWCI: 3.081
Cites:
Cited by: 29
Related to: 10