The Impact of zakat on economic growth in 5 state in Indonesia

Suprayitno, Eko ORCID: https://orcid.org/0000-0002-5289-3918 (2020) The Impact of zakat on economic growth in 5 state in Indonesia. International Journal of Islamic Banking and Finance Research, Vol. 4 (1). pp. 1-7. ISSN 2576-4144 (Online)

Preview

Text 6740.pdf - Accepted Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (580kB) | Preview

Abstract

This study aims to reveal the impact of zakat distribution on macroeconomic in 5 state In Indonesia, by using ECM analysis. The motivation of the current research lies on the belief of a large number of economists that zakat does not affect macro economy because 2.5 percent is perceived insignificant. This issue leads to a high curiosity about the impact of zakat distribution in Indonesia. This study finds that zakat has a significant and positive relationship with economic growth. The results of the ECM analysis show that the distribution of zakat positively influences on economic growth. The long-run elasticity of zakat variable is positive and significant.

Item Type:	Journal Article
Keywords:	Zakat; Economic Growth; Consumption
Divisions:	Faculty of Economics > Department of Islamic Banking
Depositing User:	Eko Suprayitno
Date Deposited:	23 Sep 2020 00:59

Downloads

Origin of downloads

Actions (login required)

View Item