Digitalization and economies of OIC countries

Mohsin Ali, Urooj Anwar, Mudeer Ahmed Khattak, Muhammad Umar Islam

Research output: Contribution to journalArticleResearchpeer-review

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.
Original languageEnglish
Pages (from-to)155-170
Number of pages16
JournalBuletin Ekonomi Moneter dan Perbankan
Volume27
DOIs
Publication statusPublished - 2024

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