ISTIKHLAF: Jurnal Ekonomi, Perbankan & Manajemen Syariah
Vol. 6 No. 2 (2024): (September 2024)

Analisis Pengaruh Sektor Industri Halal Terhadap Pertumbuhan Ekonomi di Negara-Negara Anggota OKI

Roni Ardiansah (Unknown)
Dwi Surya Atmaja (Unknown)
Luqman Luqman (Unknown)



Article Info

Publish Date
28 Nov 2024

Abstract

The aim of this research is to analyze the influence of the halal industrial sector on long-term and short-term economic growth in OIC countries. This research uses a quantitative approach, and the data analysis method uses the Vector Error Correction Model (VECM). Secondary data sources, namely SGIE Report indicator score panel data for 2014-2023 were obtained from DinarStandard and World Bank. The population of this study is the OIC countries in Asia, while the sample is 9 OIC countries in Asia. Data processing uses E Views-10. The results of this research show that in the long term Halal Fashion and Islamic Entertainment Media have a significant positive effect on economic growth, with t-statistic values of 8.308 and 6.372. Halal Food, Halal Cosmetics and Medicines have a significant negative effect on economic growth, with t-statistic values of -4.012 and -3.829. Islamic Finance and Halal Tourism do not have a significant effect on economic growth, with t-statistic values of 0.893 and -0.910. Then, in the short term, Islamic finance has a significant positive effect on economic growth, with a t-statistic of 3.058. Meanwhile, Halal Food, Halal Tourism, Halal Fashion, Islamic Entertainment Media, Halal Cosmetics and Medicines do not have a significant effect on economic growth, with t-statistic values of 0.506, 1.865, 0.256, -1.319 and -1.111.

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Journal Info

Abbrev

istikhlaf

Publisher

Subject

Religion Economics, Econometrics & Finance Education Library & Information Science Social Sciences

Description

STIKHLAF: Jurnal Ekonomi, Perbankan & Manajemen Syariah : is open-access peer-reviewed online journal which provides a forum for the full range of scholarly study of islamic studies. The editors welcome articles and research reports addressing to the current issues such as: Islamic Economics, ...