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All Journal Jurnal Ekonomi Pembangunan Signifikan : Jurnal Ilmu Ekonomi ETIKONOMI Jurnal Ekonomi Kuantitatif Terapan Kinerja Journal of Accounting and Investment Jurnal Ekonomi & Studi Pembangunan Jurnal Ilmu Sosial dan Ilmu Politik Falah : Jurnal Ekonomi Syariah Journal of Economic, Bussines and Accounting (COSTING) Muhammadiyah International Journal of Economics and Business International Journal of Social Science and Business KEK (Kajian Ekonomi dan Keuangan) Journal of Indonesian Tourism, Hospitality and Recreation Journal of Innovation in Business and Economics Journal of Islamic Monetary Economics and Finance Jurnal Ekonomi Pembangunan JIMEK : Jurnal Ilmiah Mahasiswa Ekonomi Studi Kasus Inovasi Ekonomi Journal of Digital Marketing and Halal Industry Jurnal Industri Pariwisata Jurnal Ilmu Ekonomi Journal of Islamic Economics, Management, and Business (JIEMB) Journal of Financial Economics & Investment Lensa Ekonomi Innovative: Journal Of Social Science Research Enrichment: Journal of Multidisciplinary Research and Development Journal of Economic and Social Empowerment Journal of Multiperspectives on Accounting Literature Jurnal Ekonomi Pembangunan
Muhammad Sri Wahyudi Suliswanto
Universitas Muhammadiyah Malang
Religion Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Health Professions Law, Crime, Criminology & Criminal Justice Public Health Social Sciences Other

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Journal : Jurnal Ekonomi

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Infrastructure development as a catalyst for sustainable economic growth in OIC countries Amiliana, Vina; Suliswanto, Muhammad Sri Wahyudi
Jurnal Ekonomi & Studi Pembangunan Vol. 26 No. 1: April 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v26i1.25840

Abstract

Infrastructure development plays an important role in promoting sustainable economic growth, especially in member countries of the Organization of Islamic Cooperation (OIC). The purpose of this study is to understand how different types of infrastructure, such as digital, physical and non-physical infrastructure, investment, investment and human development index (HDI) impact sustainable economic growth. This study uses data from 52 OIC member countries over the period 2022-2023. To analyse the data, a statistical method called Estimated Generalized Least Squares (EGLS) is used, which is specifically designed to overcome differences in conditions between countries in the data. This method helps to obtain more accurate results despite the imbalance or variation of data between countries. The results of this study show that non-physical infrastructure and HDI have a positive and significant influence on sustainable economic growth. Non-physical infrastructure, such as institutions and basic services can help strengthen the economic system. HDI also plays an important role in improving the quality of human resources. Meanwhile, physical infrastructure, digital infrastructure and investment have not shown a significant direct effect. Therefore, it is recommended that the governments of OIC countries focus on strengthening institutions and improving diverse human qualities to support inclusive and sustainable economic growth.
Co-Authors Abdullah, M. Faisyal Achmadi Akhimullah Febrianto Affan, Wildan Ahmad Lutfi Al ansori Aisyah Mirandi Amiliana, Vina Amminullah Dwi Wilaga Anggraeni, Anita Meliana Anggraini, Dina Eka Annasrul Hidayatullah Arfida Boedirochminarni Aris Soelistyo Athallah, Abdillah Rafi Ayu Setyawati Bachrudin Barom, Mohd Nizam Bobby Marian Rizal Supryadi Boedirachminarni, Arfida Bojang, Sainey A. Daeng Ahmad Fakhrian Zuhdi Damayanti, Elok Djoko Sigit Sayogo Djoko Sigit Sayogo Dwi Susilowati Dwi Susilowati Efeni Nuri Fauziyah Fitriyah eki permono Eris Tri Kurniawati ERLITASARI, REGITA NANDA Ervin Maulana Fambudi Evita Hayatun Nufus Fajrin Rizki Okvinda Fakhri Abdillah Fibri Wiranty Nindya Pratiwi Firdha Aksari Anindyntha Fitri Rusdianasari Ghina Zulzilah Hendra Kusuma Hutama, Dhiki Ardin Ida Nuraini Idah Zuhroh Ika Yuli Setyowati Ikrom Ikrom, Ikrom INDRA LUKMANA PUTRA Jimmy Nova Lely Diyah Ayuningtiyas Lutfia Hermida Sari M. Faisyal Abdullah Mahyudi, Mohd Maulana , Nurefa Mochamad Rofik Mochamad Rofik Mohammad Faisal Abdullah Muhajirin Muhajirin Muhammad Faisyal Abdullah Muhammad Firmansyah Muhammad Firmansyah, Muhammad Muhammad Khoirul Fuddin Mutiara Ayu Putri Nadia Veni Karina Nadir Muhammad kahfi Firdaus Nazaruddin Malik Nila Indriana Putri Novi Primita Sari Novi Primita Sari Nur Khasana, Ita Febrianti Octavia, Azella Nosih Pramudita, Sekar Diah Rahanita Rahanita Ratna Arvianti Riyanto, Wahyu Hidayat Rofik, Mochamad Rozi Arisyika Putra Safha Adetasya Kamila Sapriansah Ali Nur Iksan Selva Kurnia Oneestasya Septian Gilang Kusuma Setyo Tri Wahyudi Setyo Wahyu Setyo Wahyu Sulistyono Sri Budi Cantika Yuli Sukma Indah Sutikno - Sutikno Sutikno Sutikno, Sutikno Viana, Vira Okta Wahyu hidayat Wahyu Hidayat Riyanto Wildan Affan Yahya Yakaria Pangestin Zainal Arifin Zana Chobhita Aris Tusa