TY  - JOUR
TI  - Islamic Banking and Economic Growth in the Dual Banking System
AB  - This study aims to determine the effect of Islamic banking on economic growth in Turkey by comparing itwith conventional banking. In the study, the quarterly time series covering the period 2005Q4 to 2018Q4 and theAutoregressive Distributed Lag Model (ARDL) developed by Pesaran, Shin and Smith (2001) are used. According tothe estimated long-run coefficients from ARDL model, the elasticity of the GDP with respect to the conventionalbanking credit and Islamic banking credit is equal to 0.106 % and 0.016 %, respectively. The estimates of the modelconfirm that conventional banks provide more contribution than Islamic banks to economic growth in Turkey.However, Islamic banking has still a very small part of the financial system in Turkey.Therefore, the development andencouragementof more Islamic financial instruments can strengthen relationship between Islamic finance andeconomic growth while increasing the share of Islamic finance in the financial system.
AU  - Sekmen, Taner
PY  - 2021
JO  - Optimum Ekonomi ve Yönetim Bilimleri Dergisi
VL  - 8
IS  - 1
SN  - 2148-4228
SP  - 183
EP  - 196
DB  - TRDizin
UR  - http://search/yayin/detay/401467
ER  -