Tag Archives: Granger causality

Islamic Banking-Growth Nexus: Evidence from Toda-Yamamoto and Bootstrap Granger Causality Test

Download: PDF Abstract This paper examines the causal relationship between Islamic banking development and economic growth and between Islamic banking development and capital formation in the case of Malaysia. Different with other studies, this paper uses Toda-Yamamoto and bootstrap Granger non-causality test to reduce the size distortion in the data and provide more precise test …

Does Islamic Banking Matter for Economic Growth in Bangladesh?

Download: PDF Abstract Islamic banking started three decades ago in Bangladesh and was expected to have a significant relationship and contribution towards the economic growth of the country. This study aims to investigate the long run and dynamic relationship between Islamic banking development and economic growth in the case of Bangladesh. The quarterly time-series data …