Measuring the optimal government size that contribute to economic growth of the Muslim countries
The issue of a correct ‘government size’ for economic prosperity of a nation, particularly Muslim nation, is highly linked with the issue of optimal ‘role of state’. The present study attempts to utilise more efficient econometric methods on a sample of Muslim countries over a specific period of tim...
| Main Author: | |
|---|---|
| Format: | Proceeding Paper |
| Language: | English |
| Published: |
2015
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/48251/ http://irep.iium.edu.my/48251/1/48251_tentative.pdf |
| _version_ | 1848783269145870336 |
|---|---|
| author | Duasa, Jarita |
| author_facet | Duasa, Jarita |
| author_sort | Duasa, Jarita |
| building | IIUM Repository |
| collection | Online Access |
| description | The issue of a correct ‘government size’ for economic prosperity of a nation, particularly Muslim nation, is highly linked with the issue of optimal ‘role of state’. The present study attempts to utilise more efficient econometric methods on a sample of Muslim countries over a specific period of time in order to investigate relationship between government size and economic growth. It also attempts to identify optimal size of government (role of state) that maximise the economic growth of the countries by applying static and dynamic panel estimations on a widely used ‘growth model’ for assessing the impact of government size on economic growth. The findings indicate that small size of government contributes more on the economic growth of the countries. The results seem to be more robust by using fixed-effects model as compared to other static or even dynamic models. |
| first_indexed | 2025-11-14T16:18:40Z |
| format | Proceeding Paper |
| id | iium-48251 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:18:40Z |
| publishDate | 2015 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-482512016-02-03T08:57:22Z http://irep.iium.edu.my/48251/ Measuring the optimal government size that contribute to economic growth of the Muslim countries Duasa, Jarita H Social Sciences (General) HJ Public Finance The issue of a correct ‘government size’ for economic prosperity of a nation, particularly Muslim nation, is highly linked with the issue of optimal ‘role of state’. The present study attempts to utilise more efficient econometric methods on a sample of Muslim countries over a specific period of time in order to investigate relationship between government size and economic growth. It also attempts to identify optimal size of government (role of state) that maximise the economic growth of the countries by applying static and dynamic panel estimations on a widely used ‘growth model’ for assessing the impact of government size on economic growth. The findings indicate that small size of government contributes more on the economic growth of the countries. The results seem to be more robust by using fixed-effects model as compared to other static or even dynamic models. 2015 Proceeding Paper NonPeerReviewed application/pdf en http://irep.iium.edu.my/48251/1/48251_tentative.pdf Duasa, Jarita (2015) Measuring the optimal government size that contribute to economic growth of the Muslim countries. In: The First International Conference on Shari’ah Oriented Public Policy in Islamic Economic System (ICOSOPP 2015), 30th-31st March 2015, Ar-Raniry State Islamic University, Banda Aceh, Indonesia . (Unpublished) http://submit.confbay.com/conf/icosopp2014 |
| spellingShingle | H Social Sciences (General) HJ Public Finance Duasa, Jarita Measuring the optimal government size that contribute to economic growth of the Muslim countries |
| title | Measuring the optimal government size that contribute to economic growth of the Muslim countries |
| title_full | Measuring the optimal government size that contribute to economic growth of the Muslim countries |
| title_fullStr | Measuring the optimal government size that contribute to economic growth of the Muslim countries |
| title_full_unstemmed | Measuring the optimal government size that contribute to economic growth of the Muslim countries |
| title_short | Measuring the optimal government size that contribute to economic growth of the Muslim countries |
| title_sort | measuring the optimal government size that contribute to economic growth of the muslim countries |
| topic | H Social Sciences (General) HJ Public Finance |
| url | http://irep.iium.edu.my/48251/ http://irep.iium.edu.my/48251/ http://irep.iium.edu.my/48251/1/48251_tentative.pdf |