International Journal of Research in Commerce, IT & Management, Volume (3), No (11), Year (2013-12) , Pages (52-55)

Title : ( Foreign direct investment, economic growth and Islamic banking industry )

Authors: Mehdi Behname , Sayed Mahdi Mostafavi ,

Citation: BibTeX | EndNote

The purpose of this paper is to investigate the effect of FDI and Islamic banking on the increase of economic growth in Islamic countries in the 1990-2010 periods. The IPS unit root test indicates that variables are stationary in level and Hausman test suggests that we should apply the fixed effects model. The estimation of the model parameters leads us to conclude that FDI and the Islamic banking industry have a positive and significant effect on economic growth and variables such as human capital, economic infrastructure and capital formation have also positive effect on GDP. On the other hand, GDP, human capital and infrastructure attract FDI but Islamic banking has a weak positive effect on FDI attraction.

Keywords

Foreign Direct Investment; Economic Growth; Islamic
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@article{paperid:1037893,
author = {Behname, Mehdi and Mostafavi, Sayed Mahdi},
title = {Foreign direct investment, economic growth and Islamic banking industry},
journal = {International Journal of Research in Commerce, IT & Management},
year = {2013},
volume = {3},
number = {11},
month = {December},
issn = {2231-5756},
pages = {52--55},
numpages = {3},
keywords = {Foreign Direct Investment; Economic Growth; Islamic Banking.},
}

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%0 Journal Article
%T Foreign direct investment, economic growth and Islamic banking industry
%A Behname, Mehdi
%A Mostafavi, Sayed Mahdi
%J International Journal of Research in Commerce, IT & Management
%@ 2231-5756
%D 2013

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