Main Article Content

Abstract

This study aims to determine the effect of investment, total debt, net debt, and real GDP growth on unemployment rates in the Asian OIC countries. This research uses a quantitative method with panel data regression. By using common effect model, the results shows investment had a significant effect on reducing the unemployment rate, while the total debt, net debt, and real GDP growth variables had no significant effect.

Article Details

Author Biographies

Ahmada Khoirul Umam, Airlangga University Surabaya

Ahmada Khoirul Umam is a second-year syariah economic student at the Airlangga University. He received a bachelor's degree in syariah economy from Airlangga University. He is interested in Islamic economy, economic development and Islamic ethics

Onny Herlambang Putra Wardhana, Airlangga University Surabaya

Onny Herlambang P.W. is a second-year syariah economic student at the Airlangga University. He is interested in Islamic economy, accountancy and economic development
How to Cite
Umam, A. K., & Putra Wardhana, O. H. (2021). Investment, Debt Instruments and Economic Growth: Their Impact on the Unemployment Rate of OIC Countries in the Asian Region. Journal of Islamic Economics Lariba, 6(2), 102–122. Retrieved from https://journal.uii.ac.id/JIELariba/article/view/15810