بررسی عوامل مؤثر بر رشد فراگیر کشورهای منتخب سازمان همکاری اسلامی

Determinants of Inclusive Growth in Islamic Countries

Seyed Hossein Mirjalili, Omid Safari and Amin Mohseni

MPRA Paper from University Library of Munich, Germany

Abstract: Inclusive growth creates equal opportunities for those who contribute to economic growth, so that the whole people could contribute to economic growth and benefit from it. In this research, we applied Anand et al. integrated method and social mobility index to measure inclusive growth. The integrated method allows us to identify the determinants of growth and prioritize the specific constraints of each country in generating inclusive growth. We utilized unbalanced panel data method for the period 1995-2015. The results indicate that GDP growth is the most important determinants of inclusive growth in the Islamic countries. Inflation control, human capital improvement, investment, government consumption and trade openness, positively affect inclusive growth in Islamic countries. However, the ratio of bank credits to GDP and foreign direct investment did not have a positive effect on the growth of Islamic countries.

Keywords: Inclusive Growth; Social Mobility Index; Islamic Countries; Panel Data. (search for similar items in EconPapers)
JEL-codes: E60 (search for similar items in EconPapers)
Date: 2018-01-02, Revised 2018-04-09
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Published in Quarterly Journal of Economic Growth and Development Research 32.8(2018): pp. 47-60

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:125507

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