Convergence in Islamic financial development: Evidence from Islamic countries using the Fourier panel KPSS stationarity test

This study investigates whether there is convergence among Islamic countries with respect to the relationship between growth in Islamic financial markets and economic growth in those countries as measured by Gross Domestic Product. We use data from 2013 to 2021 for the nine Islamic countries with th...

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Bibliographic Details
Main Authors: M. Kabir Hassan, Hasan Kazak, Uğur Adıgüzel, Mehmet Akif Gunduz, Ahmet Tayfur Akcan
Format: Article
Language:English
Published: Elsevier 2023-11-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845023001047