eprintid: 56307
rev_number: 10
eprint_status: archive
userid: 12253
dir: disk0/00/05/63/07
datestamp: 2023-02-16 01:35:04
lastmod: 2023-02-16 01:35:04
status_changed: 2023-02-16 01:35:04
type: article
metadata_visibility: show
creators_name: Akmal Ihsan, -
creators_name: Muhammad Ghafur Wibowo, -
creators_name: Mukhammad Yazid Afandi, -
creators_name: Taosige Wau, -
creators_name: Muhammad Abduh, -
title: Determinants of Economic Growth in Organization of Islamic Cooperation with Governance Index as a Moderating Variable
ispublished: pub
subjects: sj_EKO
divisions: artkl
full_text_status: public
keywords: Economic Growth, Foreign Direct Investment, Remittances, Trade Openness, Governance Index
abstract: This study seeks to explore and investigate the influence of foreign direct investment, remittances, and trade openness
on economic growth in the Organization of Islamic Cooperation with governance index as a moderating variable in 2005-2019.
Moderated Regression Analysis analysis is used to analyze governance index variables. The use of Generalized Least Square and
Generalized Method of Moments is used to determine which method is best. Sargant level of significance and value showed GMM
more precisely in this study. The results of statistical testing show that all independent variables have a significant positive influence
on economic growth except foreign direct investment which has a significant negative influence. This negative influence is due to the
instability of investment flows. In addition, governance index can moderate foreign direct investment, remittances, and trade
openness in its influence on economic growth. Thus, it can be concluded that to increase economic growth, the need for good
governance index so that economic growth in the Organization of Islamic Cooperation is increasing.
date: 2021-08
date_type: published
publication: Journal of Economics, Finance and Management Studies
volume: 4
number: 8
publisher: -
pagerange: 1934-1405
refereed: TRUE
issn: ISSN[Online] : 2644-0504 || ISSN[Print] : 2644-0490
citation:   Akmal Ihsan, - and Muhammad Ghafur Wibowo, - and Mukhammad Yazid Afandi, - and Taosige Wau, - and Muhammad Abduh, -  (2021) Determinants of Economic Growth in Organization of Islamic Cooperation with Governance Index as a Moderating Variable.  Journal of Economics, Finance and Management Studies, 4 (8).  pp. 1934-1405.  ISSN ISSN[Online] : 2644-0504 || ISSN[Print] : 2644-0490     
document_url: https://digilib.uin-suka.ac.id/id/eprint/56307/1/Determinants%20of%20Economic%20Growth%20in%20Organization%20of%20Is.pdf
document_url: https://digilib.uin-suka.ac.id/id/eprint/56307/2/surat-surat-pernyataan1676510070.pdf