Income convergence or divergence? Study on selected Muslim countries

In this study, the existence of income convergence or income divergence is investigated on ten selected OIC (the Organisation Islamic Conference) economies. The results are then linked to the degree of openness in which the countries use globalization indices. In order to investigate the existence o...

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Main Author:	Duasa, Jarita
Format:	Book Chapter
Language:	English
Published:	IIUM Press 2009
Subjects:	HJ2005 Income and expenditure. The budget
Online Access:	http://irep.iium.edu.my/7058/ http://irep.iium.edu.my/7058/ http://irep.iium.edu.my/7058/1/Income_Convergence_or_Divergence_-_Study_on_Selected_Muslim_Countries.pdf

id	iium-7058
recordtype	eprints
spelling	iium-70582011-11-22T04:29:52Z http://irep.iium.edu.my/7058/ Income convergence or divergence? Study on selected Muslim countries Duasa, Jarita HJ2005 Income and expenditure. The budget In this study, the existence of income convergence or income divergence is investigated on ten selected OIC (the Organisation Islamic Conference) economies. The results are then linked to the degree of openness in which the countries use globalization indices. In order to investigate the existence of either income convergence or divergence between selected Islamic countries, income differentials between selected OIC countries and the benchmark country are computed and a series of test is done. The test include stationary linearity test using Augmented Dickey-Fuller (ADF) test for linear time-series and non-linear stationary test using Kapetanious et al (KSS). The findings are that most of the countries experience income divergence except for three countries. By analyzing the degree of globalization in these economies, it is found that the results support the endogeneous theory and depending approach which predict that globalization is likely to cause income divergence (inequality) rather than convergence (quality) IIUM Press 2009 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/7058/1/Income_Convergence_or_Divergence_-_Study_on_Selected_Muslim_Countries.pdf Duasa, Jarita (2009) Income convergence or divergence? Study on selected Muslim countries. In: Proceedings of the Seminar on Research Findings 2008. IIUM Press, Kuala Lumpur, pp. 237-246. ISBN 9789833855780 http://rms.research.iium.edu.my/bookstore/Products/115-wwwgooglecom.aspx
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HJ2005 Income and expenditure. The budget
spellingShingle	HJ2005 Income and expenditure. The budget Duasa, Jarita Income convergence or divergence? Study on selected Muslim countries
description	In this study, the existence of income convergence or income divergence is investigated on ten selected OIC (the Organisation Islamic Conference) economies. The results are then linked to the degree of openness in which the countries use globalization indices. In order to investigate the existence of either income convergence or divergence between selected Islamic countries, income differentials between selected OIC countries and the benchmark country are computed and a series of test is done. The test include stationary linearity test using Augmented Dickey-Fuller (ADF) test for linear time-series and non-linear stationary test using Kapetanious et al (KSS). The findings are that most of the countries experience income divergence except for three countries. By analyzing the degree of globalization in these economies, it is found that the results support the endogeneous theory and depending approach which predict that globalization is likely to cause income divergence (inequality) rather than convergence (quality)
format	Book Chapter
author	Duasa, Jarita
author_facet	Duasa, Jarita
author_sort	Duasa, Jarita
title	Income convergence or divergence? Study on selected Muslim countries
title_short	Income convergence or divergence? Study on selected Muslim countries
title_full	Income convergence or divergence? Study on selected Muslim countries
title_fullStr	Income convergence or divergence? Study on selected Muslim countries
title_full_unstemmed	Income convergence or divergence? Study on selected Muslim countries
title_sort	income convergence or divergence? study on selected muslim countries
publisher	IIUM Press
publishDate	2009
url	http://irep.iium.edu.my/7058/ http://irep.iium.edu.my/7058/ http://irep.iium.edu.my/7058/1/Income_Convergence_or_Divergence_-_Study_on_Selected_Muslim_Countries.pdf
first_indexed	2023-09-18T20:16:18Z
last_indexed	2023-09-18T20:16:18Z
_version_	1777407810514976768

Income convergence or divergence? Study on selected Muslim countries

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