JEBI (Jurnal Ekonomi dan Bisnis Islam)
Vol 4, No 1 (2019): Januari - Juni

QUALITY OF HUMAN DEVELOPMENT INDEX (HDI) IN MUSLIM COUNTRIES (CASE STUDY OF OIC MEMBERS)

MUHAMMAD GHAFUR WIBOWO (Unknown)



Article Info

Publish Date
30 Jun 2019

Abstract

This study analyzes factors or variables that effect of human development index (HDI) in Muslim countries, a case study of the Organization of Islamic Cooperation (OIC) member countries. The data of 33 selected OIC member countries from 2007-2016 were analyzed using panel data regression analysis. The entire models show the significant influence of some independent variables to the level of HDI in Muslim countries. However, a variable number of the population contributes positively to HDI in all models. Unfortunately, foreign direct investment (FDI) does not add to the increasing of HDI; this is the biggest challenge faced by the government in various Muslim countries. While government fiscal policy reflected in government spending (G) contributes positively to HDI in OIC member countries.

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Journal Info

Abbrev

jebi

Publisher

Subject

Economics, Econometrics & Finance

Description

The journal is published twice a year in June and December. Contains scientific articles in the form of research, analysis study, theoretical study and review of studies in the field of Islamic economics and business. Publishing this journal aims to increase the quantity and quality to spread ...