Digitalization and Economies of OIC Countries

Authors

Mohsin Ali, Monash University MalaysiaFollow
Urooj Anwar, Monash University MalaysiaFollow
Mudeer Ahmed Khattak, - MalaysiaFollow
Muhammad Umar Islam, Asia Pacific University of Technology and Innovation - MalaysiaFollow

Document Type

Call for Paper

Abstract

This paper studies the impact of digitalization on the Organization of Islamic countries (OIC) economies. The study is conducted to see whether digitalization is playing its role in enhancing economic growth. We employ a panel dataset consisting of twenty-one years from 2000 to 2020 for 57 OIC countries. We use the system generalized method of moments (GMM) estimator. The results indicate that digitalization positively impacts the economies of OIC countries. As for policy implication, this study recommends governments of OIC member countries to invest in digital infrastructure in order to foster economic growth.

Recommended Citation

Ali, Mohsin; Anwar, Urooj; Khattak, Mudeer Ahmed; and Islam, Muhammad Umar (2024) "Digitalization and Economies of OIC Countries," Bulletin of Monetary Economics and Banking: Vol. 27: No. 0, Article 9.
DOI: https://doi.org/10.59091/2460-9196.2161
Available at: https://bulletin.bmeb-bi.org/bmeb/vol27/iss0/9

First Page

155

Last Page

170

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Country

Malaysia

Affiliation

Monash University Malaysia