Open AccessImpact of conventional banking financing and Islamic banking financing on economic growth 2008-2018
Author(s) -
Hasymi Nur Baehaqy,
Eko Fajar Cahyono
Publication year - 2020
Publication title -
jurnal ekonomi syariah teori dan terapan
Language(s) - English
Resource type - Journals
eISSN - 2502-1508
pISSN - 2407-1935
DOI - 10.20473/vol6iss20196pp1272-1286
Subject(s) - islamic banking , error correction model , finance , gross domestic product , business , financial system , islam , economics , cointegration , econometrics , macroeconomics , philosophy , theology
This research aims to know Impact of conventional banking financing and Islamic banking financing on economic growth 2008-2018. In this study the authors used a saturated sampling technique found in Non-Probability Sampling. The analysis technique used is VECM (Vector Error Correction Model). Based on the results of the study indicate that there is a one-way relationship on several variables, namely Conventional Banking Financing to GDP and Conventional Banking Financing to Islamic Banking Financing, In the long run, Conventional Banking Financing has a positive and significant relationship to GDP, whereas Islamic Banking Financing has a negative and significant relationship to GDP.Keywords: Banking Financing, Economic Growth, GDP (Gross Domestic Product), VECM (Vector Error Correction Model)