The 3rd International Conference Community Research and Service Engagements, IC2RSE 2019, 4th December 2019, North Sumatra, Indonesia

Research Article

Economic Fundamental Resilience of Emerging Market Muslim Countries: Is It Enabled To Predict ARDL Panels?

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  • @INPROCEEDINGS{10.4108/eai.4-12-2019.2293885,
        author={Rusiadi Rusiadi and Ade Novalina and Anwar Sanusi},
        title={Economic Fundamental Resilience of Emerging Market Muslim Countries: Is It Enabled To Predict ARDL Panels?},
        proceedings={The 3rd International Conference Community Research and Service Engagements, IC2RSE 2019, 4th December  2019, North Sumatra, Indonesia},
        publisher={EAI},
        proceedings_a={IC2RSE},
        year={2020},
        month={4},
        keywords={ardl panel fundamental durability economy exchange rate gdp},
        doi={10.4108/eai.4-12-2019.2293885}
    }
    
  • Rusiadi Rusiadi
    Ade Novalina
    Anwar Sanusi
    Year: 2020
    Economic Fundamental Resilience of Emerging Market Muslim Countries: Is It Enabled To Predict ARDL Panels?
    IC2RSE
    EAI
    DOI: 10.4108/eai.4-12-2019.2293885
Rusiadi Rusiadi1,*, Ade Novalina1, Anwar Sanusi1
  • 1: Universitas Pembangunan Panca Budi, Medan, Indonesia
*Contact email: rusiadi@dosen.pancabudi.ac.id

Abstract

The research aims to discuss the issue of fundamental economic resilience of Emerging Market's Muslim economies in the long term. Data analysis using ARDL Panel Research results concluded in panel turns the amount of money supply to leading indicators for the control of Indonesia, Bangladesh, Malaysia, Pakistan, and UAE, Saudi Arabia, Turkey. Its position is stable in the short-run and long run. The leading indicator of the effectiveness of variables in the control of the fundamental resilience of Muslim emerging market countries is the investment seen from the stability of short-run and long-run, where the amount of money supply significantly controls Economic durability fundamentals.