Islamic Social Capital and Green Economic growth in Malaysia

Autor: Hamid, Nazrah Abdul, Muda*, Ruhaini, Alam, Md. Mahmudul, Omar, Normah, Nadzri, Farah Aida Ahmad
Rok vydání: 2022
DOI: 10.6084/m9.figshare.12246146
Popis: This paper studies the relationship between social capital on the green growth in Malaysia, with the aim of ascertaining whether faith based social capital has a role in sustaining economic growth. The study utilizes the annual data over the period of 1970-2015. This study employs the Autoregressive Distributed Lag (ARDL) model and causality using the Vector Error Correction Model (VECM). The findings demonstrate the long and short-run associations between social capital and green growth in Malaysia. The causality only runs in a unidirection from social capital to the green economic growth. The findings have important policy implications for green economic growth measurement to account for social well-being and to fulfil the objectives of Islamic Sharia.
Databáze: OpenAIRE