THE TREND ANALYSIS OF ISLAMIZATION IN MALAYSIA USING ISLAMIZATION INDEX AS INDICATOR
Journal Title: Asian Economic and Financial Review - Year 2014, Vol 4, Issue 10
Abstract
This paper empirically analyses the trend of Islamization in Malaysia using the Islamization Index as an indicator to determine whether the time series dataset of the Islamization index possess deterministic trends or stochastic properties. The result determines the appropriateness of the employment of the Islamization index as a proxy of Islam in the empirical study of Islam and economic performance such as economic growth and development, and not as a spurious relation as in the case of the non-stationary stochastic trend.
Authors and Affiliations
W. A. Wan Omar| Department of Economics, College of Business, Universiti Utara Malaysia, Fauzi Hussin| Department of Education and Modern Languages, Universiti Utara Malaysia, Asan Ali G. H. | Department of Economics, College of Business, Universiti Utara Malaysia
Keywords
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- EP ID EP2082
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