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

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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Bibliographische Detailangaben
Hauptverfasser: M. Kabir Hassan, Hasan Kazak, Uğur Adıgüzel, Mehmet Akif Gunduz, Ahmet Tayfur Akcan
Format: Artikel
Sprache:English
Veröffentlicht: Elsevier 2023-11-01
Schriftenreihe:Borsa Istanbul Review
Schlagworte:
Islamic finance
Financial development
Fourier panel stationarity
Convergence
Online Zugang:http://www.sciencedirect.com/science/article/pii/S2214845023001047

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