Year 2018, Volume 4, Issue 1, Pages 41 - 56 2018-03-31

Growth, Islamic Banking and Schumpeterian Vision: An Empırıcal Evidence from the Gulf Arab States

Nalan IŞIK [1]

75 591

The rapid growth of Islamic banking has attracted much attention lately in the economic literature. The main goal of this paper is to investigate the relationship between the Islamic banking, economic growth and innovation using data for the five Gulf Arab States (Bahrain, United Arab Emirates, Kuwait, Qatar and Saudi Arabia) in the period of 2001–2015. In the empirical analysis where the panel data method is used, unit root and co-integration tests were applied to the variables. It is postulated that according to the test findings, economic growth is co-integrated with Islamic banking and patent application. Long run co-integration coefficients of the variables were analysed throughout the panel using the method of Panel Dynamic Ordinary Least Squares (PDOLS). The conclusion of the empirical study indicates that Islamic banking funds and innovation in chosen Gulf Arab states have positive and significant relations with economic growth. 

Islamic banking, economic growth, Schumpeterian perspective, panel data, Gulf Arab States
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Primary Language en
Subjects Economics
Journal Section Articles
Authors

Author: Nalan IŞIK

Bibtex @research article { ijisef412114, journal = {International Journal of Islamic Economics and Finance Studies}, issn = {2149-8393}, eissn = {2149-8407}, address = {Politik Ekonomik ve Sosyal Araştırmalar Merkezi}, year = {2018}, volume = {4}, pages = {41 - 56}, doi = {10.25272/j.2149-8407.2018.4.1.03}, title = {Growth, Islamic Banking and Schumpeterian Vision: An Empırıcal Evidence from the Gulf Arab States}, key = {cite}, author = {IŞIK, Nalan} }
APA IŞIK, N . (2018). Growth, Islamic Banking and Schumpeterian Vision: An Empırıcal Evidence from the Gulf Arab States. International Journal of Islamic Economics and Finance Studies, 4 (1), 41-56. DOI: 10.25272/j.2149-8407.2018.4.1.03
MLA IŞIK, N . "Growth, Islamic Banking and Schumpeterian Vision: An Empırıcal Evidence from the Gulf Arab States". International Journal of Islamic Economics and Finance Studies 4 (2018): 41-56 <http://dergipark.org.tr/ijisef/issue/36413/412114>
Chicago IŞIK, N . "Growth, Islamic Banking and Schumpeterian Vision: An Empırıcal Evidence from the Gulf Arab States". International Journal of Islamic Economics and Finance Studies 4 (2018): 41-56
RIS TY - JOUR T1 - Growth, Islamic Banking and Schumpeterian Vision: An Empırıcal Evidence from the Gulf Arab States AU - Nalan IŞIK Y1 - 2018 PY - 2018 N1 - doi: 10.25272/j.2149-8407.2018.4.1.03 DO - 10.25272/j.2149-8407.2018.4.1.03 T2 - International Journal of Islamic Economics and Finance Studies JF - Journal JO - JOR SP - 41 EP - 56 VL - 4 IS - 1 SN - 2149-8393-2149-8407 M3 - doi: 10.25272/j.2149-8407.2018.4.1.03 UR - https://doi.org/10.25272/j.2149-8407.2018.4.1.03 Y2 - 2019 ER -
EndNote %0 International Journal of Islamic Economics and Finance Studies Growth, Islamic Banking and Schumpeterian Vision: An Empırıcal Evidence from the Gulf Arab States %A Nalan IŞIK %T Growth, Islamic Banking and Schumpeterian Vision: An Empırıcal Evidence from the Gulf Arab States %D 2018 %J International Journal of Islamic Economics and Finance Studies %P 2149-8393-2149-8407 %V 4 %N 1 %R doi: 10.25272/j.2149-8407.2018.4.1.03 %U 10.25272/j.2149-8407.2018.4.1.03
ISNAD IŞIK, Nalan . "Growth, Islamic Banking and Schumpeterian Vision: An Empırıcal Evidence from the Gulf Arab States". International Journal of Islamic Economics and Finance Studies 4 / 1 (March 2018): 41-56. https://doi.org/10.25272/j.2149-8407.2018.4.1.03