Table 6 Summary of results
From: Effect of interest rate on economic performance: evidence from Islamic and non-Islamic economies
Variable | Non-Islamic countries | Islamic countries | ||
|---|---|---|---|---|
Model 1 | Model 2 | Model 3 | Model 4 | |
Saving | Investment | Saving | Investment | |
Real interest rate | Positive and significant | Negative and significant | Positive and insignificant | Negative and significant |
National expenditure | Negative and significant | Negative and insignificant | Negative and significant | Positive and insignificant |
Remittances received | Positive and insignificant | Positive and insignificant | Negative and significant | Positive and significant |
Domestic credit provided by banks | Negative and insignificant | Negative and significant | Negative and insignificant | Negative and insignificant |
Inflation | Positive and significant | Negative and significant | Positive and insignificant | Negative and significant |
Per capita income | Positive and significant | Positive and insignificant | Positive and significant | Negative and insignificant |
Trade | Positive and insignificant | Positive and significant | Negative and insignificant | Positive and significant |