Ahmada Khoirul Umam
Airlangga University Surabaya

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Investment, Debt Instruments and Economic Growth: Their Impact on the Unemployment Rate of OIC Countries in the Asian Region Ahmada Khoirul Umam; Onny Herlambang Putra Wardhana
Journal of Islamic Economics Lariba Vol. 6 No. 2 (2020)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

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Abstract

This study aims to determine the effect of investment, total debt, net debt, and real GDP growth on unemployment rates in the Asian OIC countries. This research uses a quantitative method with panel data regression. By using common effect model, the results shows investment had a significant effect on reducing the unemployment rate, while the total debt, net debt, and real GDP growth variables had no significant effect.