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The Trend Analysis of Islamization in Malaysia Using Islamization Index as Indicator

Author

Listed:
  • W. A Wan Omar
  • Fauzi Hussin
  • Asan Ali G. H

Abstract

This paper empirically analyses the trend of Islamization in Malaysia using the Islamization Index as an indicator to determine whether the time series dataset of the Islamization index possess deterministic trends or stochastic properties. The result determines the appropriateness of the employment of the Islamization index as a proxy of Islam in the empirical study of Islam and economic performance such as economic growth and development, and not as a spurious relation as in the case of the non-stationary stochastic trend.

Suggested Citation

  • W. A Wan Omar & Fauzi Hussin & Asan Ali G. H, 2014. "The Trend Analysis of Islamization in Malaysia Using Islamization Index as Indicator," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 4(10), pages 1298-1313.
    • Handle: RePEc:asi:aeafrj:v:4:y:2014:i:10:p:1298-1313:id:1259
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    Cited by:

    1. Wan Ahmad Wan Omar & Fauzi Hussin & Asan Ali G H, 2015. "The Empirical Effects of Islam on Economic Development in Malaysia," Research in World Economy, Research in World Economy, Sciedu Press, vol. 6(1), pages 99-111, March.

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