Araştırma Makalesi
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Katılım Bankaları ve Ekonomik Büyüme İlişkisi; Seçilmiş Ülkeler Üzerine Panel Veri Analizi

Yıl 2021, Cilt: 11 Sayı: 1, 409 - 440, 30.06.2021
https://doi.org/10.18074/ckuiibfd.889617

Öz

Bu çalışmanın amacı; İslami finansın, katılım bankaları özelinde gelişmesi ile ekonomik büyüme arasında bir ilişki olup olmadığının araştırılmasıdır. Bu sebeple İslami finans uygulamalarının yaygın olduğu ülkelerden 11 ülkenin (BAE, Kuveyt, Umman, Bahreyn, Türkiye, Malezya, Endonezya, Pakistan, Sudan, Mısır ve Ürdün) 2013-2018 yılları arasındaki verileri kullanılarak panel veri hazırlanmıştır. Çalışmada iki farklı model kurulmuştur. Birinci model için sabit etkiler, ikinci model için tesadüfi etkiler tahmincilerinin uygun olduğu görülmüştür. Kurulan modellerdeki temel varsayımlara ilişkin sapmalar nedeniyle her iki model Arellano, Froot ve Rogers dirençli standart hatalar tahmincileriyle tahmin edilmiştir. Çalışmanın sonuçlarına göre katılım bankalarının şube sayısı, toplam finansmanları ve ekonomideki sermaye oluşumu ile ekonomik büyüme arasında pozitif ve anlamlı bir ilişki bulunmaktadır.

Kaynakça

  • Abduh, M. ve Chowdhury N. T. (2012). Does ıslamic banking matter for economic growth in Bangladesh? Journal of Islamic Economics, Banking and Finance, 8(3), 104-113.
  • Abduh, M. ve Omar, M. A. (2012). Islamic banking and economic growth: the Indonesian experience. International Journal of Islamic and Middle Eastern Finance and Management, 5(1), 35-47.
  • Abduh, M., Brahim, S. ve Omar, M. A. (2012). A study on finance-growth nexus in dual financial system countries: evidence from Bahrain. World Applied Sciences Journal, 20 (8), 1166-1174.
  • Afandi, M. A. ve Amin, M. (2019). Islamic bank financing and ıts effects on economic growth: a cross province analysis, Jurnal Ilmu Ekonomi, 8 (2), 243-250.
  • Akın, F. ve Ece, N. (2010). İslami finans sistemi içerisinde İslami bankacılığın yeri ve Türkiye’de katılım bankacılığının gelişimi. Mevzuat Dergisi, 13 (151).
  • Ali, H. ve Uddin, A. (2016).does İslamic bank financing lead to economic growth: an empirical analysis for Malaysia. MPRA.
  • Al-Oqool, M. A., Okab R. ve Bashayreh M. (2014). Financial Islamic banking development and economic growth: a case study of Jordan. International Journal of Economics and Finance, 6(3), 72-79.
  • Al-Shamrani, A.S.(2014) Islamic financial contracting forms in Saudi Arabia: law and practice. Doctorate Thesis, Brunel Universty, London,
  • Arellano, M. (1987). Practitioners corner: computing robust standard errors for within-groups estimators. Oxford Bulletin of Economics and Statistics, 49(4), 431-434.
  • Ayup, M. (2017). İslami finansı anlamak. İstanbul: İktisat Yayınları (Çev.Ed Akten-Çürük, S. ve Parlakkaya, R.).
  • Baltagi, B. H. (2005). Econometric analysis of panel data. San Francisco: Johan Wiley & Sons, Ltd, 3th Edition.
  • Baltagi, B. H. ve Wu P. X. (1999). Unequally spaced panel data regressions with AR(1) disturbances. Econometric Theory, 15, 814-823.
  • Bhargava, A., Franzini, L. ve Narendranathan, W. (1982). Serial correlation and the fixed effects model. The Review of Economic Studies, 49(4), 533-549
  • Biancone, P. P. ve Radwan, M. (2014). Sharia compliant, “possibility for Italian SMEs”. European Journal of Islamic Finance, (1), 1-9,
  • Boukhatem, J. ve Moussa, F. B. (2018). The effect of ıslamic banks on GDP growth: some evidence from selected MENA countries. Borsa Istanbul Review,18(3), 231-247,
  • Bozik, M. S. (2020). Impact of partıcıpatıon and conventıonal banks on economıc growth: case of Turkey, Journal of Economics Business and Political Researches, 5(11), 69-85.
  • Breusch, T. ve Pagan, A. (1980). The lagrange multiplier test and ıts applications to model specification in econometrics. Review of Economic Studies, XLVII, 239-253
  • Brown, M. B. ve Forsythe, A., B. (1974), Robust tests for the equality of variances, Journal of the American Statistical Association, 69, 364-367.
  • Caporale, G.M. ve Helmi, M.H. (2016). Islamic banking, credit and economic growth: some empirical evidence. Economics and Finance Working Paper Series, No:16/02.
  • Çürük, S. A. (2013). İslami finansın türkiye'deki gelişimi, mevcut sorunlar ve çözüm önerileri. Yayınlanmamış Doktora Tezi, Selçuk Üniversitesi Sosyal Bilimler Enstitüsü
  • Daly, S. ve Frikha, M. (2016). Banks and economic growth in developing countries: what about İslamic banks? Cogent Economics & Finance, 4(1), 1-26.
  • Demirgüç-Kunt, A., Laeven, L. and Levine, R. (2004). Regulations, market structure, institutions, and the cost of financial intermediation. Journal of Money, Credit, and Banking, 36, 593-622.
  • Echchabi, A. ve Azouzi, D. (2015). Islamic finance development and economic growth nexus: the case of the United Arab Emirates (UAE). American Journal of Economics and Business Administration, 7 (3), 106-111.
  • Echchabi, A. ve Azouzi, D. Islamic banking and economic growth: the Kuwait experience. Middle East Journal Management, 1(2), 25-39.
  • Elhachemi, H. G. ve Othman, M. A. (2015). Empirical analysis on the nexus between ıslamic banking development in terms of size and activity, economic growth and financial crisis in ıslamic rebublic of Iran. International Journal of Scientific Research and Innovative Technology, 2(6), 27-44.
  • Ellahi, N. ve Saghir, R. (2014). Analyzing the empirical link between İslamic finance and growth of real output: a time series application to Pakistan. Academic Research International, 5(6), 180-187.
  • Farahani, G. Y. ve Dastan, M. (2013). Analysis of Islamic banks financing and economic growth: a panel cointegration approach. International Journal of Islamic and Middle Eastern Finance and Management, 6 (2), 156-172.
  • Farahani, G., Yazdan, S.S. ve Mohammad H. (2012). Analysis of Islamic bank’s financing and economic growth: case study Iran and Indonesia. Journal of Economic Cooperation and Development, 33(4), 1-24.
  • Friedman, M. (1937). The use of ranks to avoid the assumption of normality ımplicit in the analysis of variance. American Statistical Association, 32, 675-701.
  • Froot, K., A. (1989). Consistent covariance matrix estimation with cross-sectional dependence and heteroskedasticity in financial data. The Journal of Financial and Quantitative Analysis, 24(3), 333-355.
  • Furqani H. ve Mulyany R. (2009). Islamic banking and economic growth: empirical evidence from Malaysia. Journal of Economic Cooperation and Development, 30(2), 59-74.
  • Gazdar, K., Hassan M. K., Safa M. F. ve Grassa R. (2019). Oil price volatility, Islamic financial development and economic growth in Gulf Cooperation Council (GCC) countries. Borsa Istanbul Review, 19(3), 197- 206.
  • Gheeraert, L. ve Weill, L. (2015). Does Islamic banking development favour macroeconomic efficiency? evidence on the İslamic finance-growth nexus, Economic Modelling, (47), 32-39.
  • Grassa, R. ve Gazdar, K. (2014). Financial development and economic growth in GCC countries a comparative study between İslamic and conventional finance. International Journal of Social Economics, 41 (6), 493-514
  • Greene, W.H. (2000). Econometric analysis. Prentice Hall, Englewood Cliffs, 4th Edition.
  • Gujarati, D. N. (1995). Basic econometrics. New York: McGraw-Hill
  • Hachicha, N. ve Amar, A. B. (2015). Does Islamic bank financing contribute to economic growth? the Malaysian case. International Journal of Islamic and Middle Eastern Finance and Management, 8(3), 349-368.
  • Hafnida, H., Maamor, S. ve Abdullah, H. (2016). Islamıc financing towards economic growth: a study on 4 OIC countries. International Journal of Islamic Business, 1(1), 50-59.
  • Hausman, J. (1978). Specification test in econometrics. Econometrica, 46(6), 1251-1271.
  • Imam, P. A. ve Kpodar, K. R. (2016). Is Islamic banking good for growth? International Monetary Fund Working Paper, No:15-81.
  • Jawad, A. ve Christian, K. (2019). Islamıc bankıng and economıc growth: applyıng the conventıonal hypothesıs. Journal of Islamic Monetary Economics and Finance, 5(1), 37-62.
  • Jobarteh, M. ve Ergec, E. H. (2017). İslamıc finance development and economic growth: empirical evidence from Turkey. Turkish Journal of Islamic Economics, 4(1), 31-47.
  • Joshi, V. (2012) Islamic finance-understanding an ımpending financial phenomenon. International Journal of Management and Strategy, 3(4).
  • Juhro, S. M., Narayan, P. K., Iyke, B. N. ve Trisnanto B. (2020). Is there a role for Islamic finance and R&D in endogenous growth models in the case of Indonesia? Pacific-Basin Finance Journal, 62, 1-21
  • Kahf, M. (2007). İslamic banks and economic development, Handbook of Islamic Banking, Cheltenham: Edward Elgar Publishing Limited.
  • Kalim, R., Mushtaq, A. ve Arshed, N. (2016). Islamic banking and economic growth: case of Pakistan. Islamic Banking and Finance Review, 3 (1), 14-28.
  • Kassim, S. (2016). Islamic finance and economic growth: the Malaysian experience. Global Finance Journal, (30), 66-76.
  • Ledhem, M. A. ve Mekidiche, M. (2020). Economic growth and financial performance of İslamic banks: A CAMELS approach. Islamic Economic Studies, 28(1), 47-62.
  • Levene, H. (1960). Robust test for equality of variances. Standford University Press, 278-292.
  • Levine, R. (2005). Finance and Growth: Theory and Evidence. Amsterdam: Handbook of Economic Growth, P. Aghion ve S. Durlauf, Eds.
  • Majid, M. S. A. ve Kassim, S. H. (2015). Assessing the contribution of Islamic finance to economic growth: empirical evidence from Malaysia. Journal of Islamic Accounting and Business Research, 6(2), 292-310.
  • Manap, T. A., Abdul, A.M. ve Omar M. A. (2012). Islamic banking-growth nexus: evidence from toda-yamamoto and bootstrap granger causality test. Journal of Islamic Finance, 1 (1), 59-66.
  • Mensi, W., Hammoudeh, S., Tiwari A. K. ve Al-Yahyaee K. H. (2020). Impact of Islamic banking development and major macroeconomic variables on economic growth for Islamic countries: evidence from panel smooth transition models. Economic Systems, 44, 1-14.
  • Olson, D. and Zoubi, T. (2017). Convergence in bank performance for commercial and Islamic banks during and after the global financial crisis. The Quarterly Review of Economics and Finance, 65, 71-87.
  • Ökte, M. K. S. (2016). The role of Islamic finance in shaping the new financial order. International Journal of Business and Social Science, 7(2), 229- 237.
  • Pesaran, M. H. (2004). General diagnostic test for cross section dependence in panels. Cambridge Working Papper
  • Rabaa, B. ve Younes, B. (2016). The impact of the Islamıc banks performances on economıc growth: usıng panel data. Internatıonal Journal of Economıcs and Fınance Studıes, 8(1), 101-111.
  • Reuters, T. (2020), State of the Global Islamic Economy Report 2019/20 Thomson Reuters, Dinar Standard, available at: https://www.salaamgateway.com/SGIE19-20 (erişim tarihi; 25.08.2020).
  • Rogers, W., H. (1993). Regression standard errors in clustered samples. Stata Technical Bulletin, (13), 19-23.
  • Sadraoui, T. ve Hleli, H. (2015). A dynamic panel data analysis for Islamic finance and economic growth. International Journal of Economics, Finance and Management Sciences, 3(5-2), 1-6.
  • Sahut, J.-M. and Mili, M. (2011). Banking distress in MENA countries and the role of mergers as a strategic policy to resolve distress. Economic Modelling, 28(1), 138-146.
  • Setiawan, I. (2019). The role of Islamic banking in the development of economic sectors in Indonesia. Internatıonal Journal of Applied Busıness Research, 1(2), 88–99
  • Shanmugam, B. ve Zahari, Z. R. (2009). A primer on Islamic finance. Research Foundation of CFA Institute.
  • Tabash, M. I. ve Anagreh, S. (2017). Do Islamic banks contribute to growth of the economy? Evidence from United Arab Emirates (UAE). Banks and Bank Systems, 12(1), 113-118.
  • Tabash, M. I. ve Dhankar, R. S. (2013). An empirical analysis of the flow of Islamic banking and economic growth in Bahrain. International Journal of Management Sciences and Business Research, 3(1), 96-103.
  • Yusof, R. M. ve Bahlous M. (2013). Islamic banking and economic growth in GCC & East Asia Countries: a panel cointegration analysis. Journal of Islamic Accounting and Business Research, 4 (2), 151-172.
  • Zaher, T. S., & Hassan, M. K. (2001). A comparative literature survey of Islamic finance and banking. Financial Markets, Institutions & Instruments, 10(4), 155–199.
  • Zarrouk, H., El Ghak, T. ve Al Haija, E. A. (2017). Financial development, Islamic finance and economic growth: evidence of the UAE. Journal of Islamic Accounting and Business Research, 8(1), 2-22.
  • Zirek, D., Çelebi F. ve Hassan, M. K. (2016). The Islamic banking and economic growth nexus: a panel var analysis for organization Islamic Cooperation (OIC) Countries. Journal of Economic Cooperation and Development, 37(1) 69-100.

The Relationship between Participation Banks and Economic Growth: Panel Data Analysis on Selected Countries

Yıl 2021, Cilt: 11 Sayı: 1, 409 - 440, 30.06.2021
https://doi.org/10.18074/ckuiibfd.889617

Öz

This study aimed to investigate whether there is a relationship between the development of Islamic finance specific to participation banks and economic growth. To this end, panel data of 11 countries, namely UAE, Kuwait, Oman, Bahrain, Turkey, Malaysia, Indonesia, Pakistan, Sudan, Egypt, and Jordan, where Islamic finance practices are widespread, were used for the period of 2013 and 2018. Both the fixed effects and the random effects models were used to analyze the data. Due to the deviations related to the basic assumptions in the models, both models were estimated by the Arellano, Froot and Rogers robust standard errors estimators. The results of the study indicated a positive and significant relationship between economic growth and the number of branches of participation banks, their total financing and capital formation in the economy.

Kaynakça

  • Abduh, M. ve Chowdhury N. T. (2012). Does ıslamic banking matter for economic growth in Bangladesh? Journal of Islamic Economics, Banking and Finance, 8(3), 104-113.
  • Abduh, M. ve Omar, M. A. (2012). Islamic banking and economic growth: the Indonesian experience. International Journal of Islamic and Middle Eastern Finance and Management, 5(1), 35-47.
  • Abduh, M., Brahim, S. ve Omar, M. A. (2012). A study on finance-growth nexus in dual financial system countries: evidence from Bahrain. World Applied Sciences Journal, 20 (8), 1166-1174.
  • Afandi, M. A. ve Amin, M. (2019). Islamic bank financing and ıts effects on economic growth: a cross province analysis, Jurnal Ilmu Ekonomi, 8 (2), 243-250.
  • Akın, F. ve Ece, N. (2010). İslami finans sistemi içerisinde İslami bankacılığın yeri ve Türkiye’de katılım bankacılığının gelişimi. Mevzuat Dergisi, 13 (151).
  • Ali, H. ve Uddin, A. (2016).does İslamic bank financing lead to economic growth: an empirical analysis for Malaysia. MPRA.
  • Al-Oqool, M. A., Okab R. ve Bashayreh M. (2014). Financial Islamic banking development and economic growth: a case study of Jordan. International Journal of Economics and Finance, 6(3), 72-79.
  • Al-Shamrani, A.S.(2014) Islamic financial contracting forms in Saudi Arabia: law and practice. Doctorate Thesis, Brunel Universty, London,
  • Arellano, M. (1987). Practitioners corner: computing robust standard errors for within-groups estimators. Oxford Bulletin of Economics and Statistics, 49(4), 431-434.
  • Ayup, M. (2017). İslami finansı anlamak. İstanbul: İktisat Yayınları (Çev.Ed Akten-Çürük, S. ve Parlakkaya, R.).
  • Baltagi, B. H. (2005). Econometric analysis of panel data. San Francisco: Johan Wiley & Sons, Ltd, 3th Edition.
  • Baltagi, B. H. ve Wu P. X. (1999). Unequally spaced panel data regressions with AR(1) disturbances. Econometric Theory, 15, 814-823.
  • Bhargava, A., Franzini, L. ve Narendranathan, W. (1982). Serial correlation and the fixed effects model. The Review of Economic Studies, 49(4), 533-549
  • Biancone, P. P. ve Radwan, M. (2014). Sharia compliant, “possibility for Italian SMEs”. European Journal of Islamic Finance, (1), 1-9,
  • Boukhatem, J. ve Moussa, F. B. (2018). The effect of ıslamic banks on GDP growth: some evidence from selected MENA countries. Borsa Istanbul Review,18(3), 231-247,
  • Bozik, M. S. (2020). Impact of partıcıpatıon and conventıonal banks on economıc growth: case of Turkey, Journal of Economics Business and Political Researches, 5(11), 69-85.
  • Breusch, T. ve Pagan, A. (1980). The lagrange multiplier test and ıts applications to model specification in econometrics. Review of Economic Studies, XLVII, 239-253
  • Brown, M. B. ve Forsythe, A., B. (1974), Robust tests for the equality of variances, Journal of the American Statistical Association, 69, 364-367.
  • Caporale, G.M. ve Helmi, M.H. (2016). Islamic banking, credit and economic growth: some empirical evidence. Economics and Finance Working Paper Series, No:16/02.
  • Çürük, S. A. (2013). İslami finansın türkiye'deki gelişimi, mevcut sorunlar ve çözüm önerileri. Yayınlanmamış Doktora Tezi, Selçuk Üniversitesi Sosyal Bilimler Enstitüsü
  • Daly, S. ve Frikha, M. (2016). Banks and economic growth in developing countries: what about İslamic banks? Cogent Economics & Finance, 4(1), 1-26.
  • Demirgüç-Kunt, A., Laeven, L. and Levine, R. (2004). Regulations, market structure, institutions, and the cost of financial intermediation. Journal of Money, Credit, and Banking, 36, 593-622.
  • Echchabi, A. ve Azouzi, D. (2015). Islamic finance development and economic growth nexus: the case of the United Arab Emirates (UAE). American Journal of Economics and Business Administration, 7 (3), 106-111.
  • Echchabi, A. ve Azouzi, D. Islamic banking and economic growth: the Kuwait experience. Middle East Journal Management, 1(2), 25-39.
  • Elhachemi, H. G. ve Othman, M. A. (2015). Empirical analysis on the nexus between ıslamic banking development in terms of size and activity, economic growth and financial crisis in ıslamic rebublic of Iran. International Journal of Scientific Research and Innovative Technology, 2(6), 27-44.
  • Ellahi, N. ve Saghir, R. (2014). Analyzing the empirical link between İslamic finance and growth of real output: a time series application to Pakistan. Academic Research International, 5(6), 180-187.
  • Farahani, G. Y. ve Dastan, M. (2013). Analysis of Islamic banks financing and economic growth: a panel cointegration approach. International Journal of Islamic and Middle Eastern Finance and Management, 6 (2), 156-172.
  • Farahani, G., Yazdan, S.S. ve Mohammad H. (2012). Analysis of Islamic bank’s financing and economic growth: case study Iran and Indonesia. Journal of Economic Cooperation and Development, 33(4), 1-24.
  • Friedman, M. (1937). The use of ranks to avoid the assumption of normality ımplicit in the analysis of variance. American Statistical Association, 32, 675-701.
  • Froot, K., A. (1989). Consistent covariance matrix estimation with cross-sectional dependence and heteroskedasticity in financial data. The Journal of Financial and Quantitative Analysis, 24(3), 333-355.
  • Furqani H. ve Mulyany R. (2009). Islamic banking and economic growth: empirical evidence from Malaysia. Journal of Economic Cooperation and Development, 30(2), 59-74.
  • Gazdar, K., Hassan M. K., Safa M. F. ve Grassa R. (2019). Oil price volatility, Islamic financial development and economic growth in Gulf Cooperation Council (GCC) countries. Borsa Istanbul Review, 19(3), 197- 206.
  • Gheeraert, L. ve Weill, L. (2015). Does Islamic banking development favour macroeconomic efficiency? evidence on the İslamic finance-growth nexus, Economic Modelling, (47), 32-39.
  • Grassa, R. ve Gazdar, K. (2014). Financial development and economic growth in GCC countries a comparative study between İslamic and conventional finance. International Journal of Social Economics, 41 (6), 493-514
  • Greene, W.H. (2000). Econometric analysis. Prentice Hall, Englewood Cliffs, 4th Edition.
  • Gujarati, D. N. (1995). Basic econometrics. New York: McGraw-Hill
  • Hachicha, N. ve Amar, A. B. (2015). Does Islamic bank financing contribute to economic growth? the Malaysian case. International Journal of Islamic and Middle Eastern Finance and Management, 8(3), 349-368.
  • Hafnida, H., Maamor, S. ve Abdullah, H. (2016). Islamıc financing towards economic growth: a study on 4 OIC countries. International Journal of Islamic Business, 1(1), 50-59.
  • Hausman, J. (1978). Specification test in econometrics. Econometrica, 46(6), 1251-1271.
  • Imam, P. A. ve Kpodar, K. R. (2016). Is Islamic banking good for growth? International Monetary Fund Working Paper, No:15-81.
  • Jawad, A. ve Christian, K. (2019). Islamıc bankıng and economıc growth: applyıng the conventıonal hypothesıs. Journal of Islamic Monetary Economics and Finance, 5(1), 37-62.
  • Jobarteh, M. ve Ergec, E. H. (2017). İslamıc finance development and economic growth: empirical evidence from Turkey. Turkish Journal of Islamic Economics, 4(1), 31-47.
  • Joshi, V. (2012) Islamic finance-understanding an ımpending financial phenomenon. International Journal of Management and Strategy, 3(4).
  • Juhro, S. M., Narayan, P. K., Iyke, B. N. ve Trisnanto B. (2020). Is there a role for Islamic finance and R&D in endogenous growth models in the case of Indonesia? Pacific-Basin Finance Journal, 62, 1-21
  • Kahf, M. (2007). İslamic banks and economic development, Handbook of Islamic Banking, Cheltenham: Edward Elgar Publishing Limited.
  • Kalim, R., Mushtaq, A. ve Arshed, N. (2016). Islamic banking and economic growth: case of Pakistan. Islamic Banking and Finance Review, 3 (1), 14-28.
  • Kassim, S. (2016). Islamic finance and economic growth: the Malaysian experience. Global Finance Journal, (30), 66-76.
  • Ledhem, M. A. ve Mekidiche, M. (2020). Economic growth and financial performance of İslamic banks: A CAMELS approach. Islamic Economic Studies, 28(1), 47-62.
  • Levene, H. (1960). Robust test for equality of variances. Standford University Press, 278-292.
  • Levine, R. (2005). Finance and Growth: Theory and Evidence. Amsterdam: Handbook of Economic Growth, P. Aghion ve S. Durlauf, Eds.
  • Majid, M. S. A. ve Kassim, S. H. (2015). Assessing the contribution of Islamic finance to economic growth: empirical evidence from Malaysia. Journal of Islamic Accounting and Business Research, 6(2), 292-310.
  • Manap, T. A., Abdul, A.M. ve Omar M. A. (2012). Islamic banking-growth nexus: evidence from toda-yamamoto and bootstrap granger causality test. Journal of Islamic Finance, 1 (1), 59-66.
  • Mensi, W., Hammoudeh, S., Tiwari A. K. ve Al-Yahyaee K. H. (2020). Impact of Islamic banking development and major macroeconomic variables on economic growth for Islamic countries: evidence from panel smooth transition models. Economic Systems, 44, 1-14.
  • Olson, D. and Zoubi, T. (2017). Convergence in bank performance for commercial and Islamic banks during and after the global financial crisis. The Quarterly Review of Economics and Finance, 65, 71-87.
  • Ökte, M. K. S. (2016). The role of Islamic finance in shaping the new financial order. International Journal of Business and Social Science, 7(2), 229- 237.
  • Pesaran, M. H. (2004). General diagnostic test for cross section dependence in panels. Cambridge Working Papper
  • Rabaa, B. ve Younes, B. (2016). The impact of the Islamıc banks performances on economıc growth: usıng panel data. Internatıonal Journal of Economıcs and Fınance Studıes, 8(1), 101-111.
  • Reuters, T. (2020), State of the Global Islamic Economy Report 2019/20 Thomson Reuters, Dinar Standard, available at: https://www.salaamgateway.com/SGIE19-20 (erişim tarihi; 25.08.2020).
  • Rogers, W., H. (1993). Regression standard errors in clustered samples. Stata Technical Bulletin, (13), 19-23.
  • Sadraoui, T. ve Hleli, H. (2015). A dynamic panel data analysis for Islamic finance and economic growth. International Journal of Economics, Finance and Management Sciences, 3(5-2), 1-6.
  • Sahut, J.-M. and Mili, M. (2011). Banking distress in MENA countries and the role of mergers as a strategic policy to resolve distress. Economic Modelling, 28(1), 138-146.
  • Setiawan, I. (2019). The role of Islamic banking in the development of economic sectors in Indonesia. Internatıonal Journal of Applied Busıness Research, 1(2), 88–99
  • Shanmugam, B. ve Zahari, Z. R. (2009). A primer on Islamic finance. Research Foundation of CFA Institute.
  • Tabash, M. I. ve Anagreh, S. (2017). Do Islamic banks contribute to growth of the economy? Evidence from United Arab Emirates (UAE). Banks and Bank Systems, 12(1), 113-118.
  • Tabash, M. I. ve Dhankar, R. S. (2013). An empirical analysis of the flow of Islamic banking and economic growth in Bahrain. International Journal of Management Sciences and Business Research, 3(1), 96-103.
  • Yusof, R. M. ve Bahlous M. (2013). Islamic banking and economic growth in GCC & East Asia Countries: a panel cointegration analysis. Journal of Islamic Accounting and Business Research, 4 (2), 151-172.
  • Zaher, T. S., & Hassan, M. K. (2001). A comparative literature survey of Islamic finance and banking. Financial Markets, Institutions & Instruments, 10(4), 155–199.
  • Zarrouk, H., El Ghak, T. ve Al Haija, E. A. (2017). Financial development, Islamic finance and economic growth: evidence of the UAE. Journal of Islamic Accounting and Business Research, 8(1), 2-22.
  • Zirek, D., Çelebi F. ve Hassan, M. K. (2016). The Islamic banking and economic growth nexus: a panel var analysis for organization Islamic Cooperation (OIC) Countries. Journal of Economic Cooperation and Development, 37(1) 69-100.
Toplam 69 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Ekonomi
Bölüm Araştırma Makalesi
Yazarlar

Caner Dilber 0000-0002-2648-925X

Hacı Bayram Işık 0000-0002-5228-4004

Yayımlanma Tarihi 30 Haziran 2021
Yayımlandığı Sayı Yıl 2021 Cilt: 11 Sayı: 1

Kaynak Göster

APA Dilber, C., & Işık, H. B. (2021). Katılım Bankaları ve Ekonomik Büyüme İlişkisi; Seçilmiş Ülkeler Üzerine Panel Veri Analizi. Çankırı Karatekin Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 11(1), 409-440. https://doi.org/10.18074/ckuiibfd.889617
AMA Dilber C, Işık HB. Katılım Bankaları ve Ekonomik Büyüme İlişkisi; Seçilmiş Ülkeler Üzerine Panel Veri Analizi. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. Haziran 2021;11(1):409-440. doi:10.18074/ckuiibfd.889617
Chicago Dilber, Caner, ve Hacı Bayram Işık. “Katılım Bankaları Ve Ekonomik Büyüme İlişkisi; Seçilmiş Ülkeler Üzerine Panel Veri Analizi”. Çankırı Karatekin Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi 11, sy. 1 (Haziran 2021): 409-40. https://doi.org/10.18074/ckuiibfd.889617.
EndNote Dilber C, Işık HB (01 Haziran 2021) Katılım Bankaları ve Ekonomik Büyüme İlişkisi; Seçilmiş Ülkeler Üzerine Panel Veri Analizi. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 11 1 409–440.
IEEE C. Dilber ve H. B. Işık, “Katılım Bankaları ve Ekonomik Büyüme İlişkisi; Seçilmiş Ülkeler Üzerine Panel Veri Analizi”, Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, c. 11, sy. 1, ss. 409–440, 2021, doi: 10.18074/ckuiibfd.889617.
ISNAD Dilber, Caner - Işık, Hacı Bayram. “Katılım Bankaları Ve Ekonomik Büyüme İlişkisi; Seçilmiş Ülkeler Üzerine Panel Veri Analizi”. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 11/1 (Haziran 2021), 409-440. https://doi.org/10.18074/ckuiibfd.889617.
JAMA Dilber C, Işık HB. Katılım Bankaları ve Ekonomik Büyüme İlişkisi; Seçilmiş Ülkeler Üzerine Panel Veri Analizi. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2021;11:409–440.
MLA Dilber, Caner ve Hacı Bayram Işık. “Katılım Bankaları Ve Ekonomik Büyüme İlişkisi; Seçilmiş Ülkeler Üzerine Panel Veri Analizi”. Çankırı Karatekin Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, c. 11, sy. 1, 2021, ss. 409-40, doi:10.18074/ckuiibfd.889617.
Vancouver Dilber C, Işık HB. Katılım Bankaları ve Ekonomik Büyüme İlişkisi; Seçilmiş Ülkeler Üzerine Panel Veri Analizi. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2021;11(1):409-40.