TY - JOUR AU - Kartini, Enny AU - Milawati, Milawati PY - 2020/09/04 Y2 - 2024/03/29 TI - How Sukuk and Conventional Bond Affect Economic Growth? Evidence from Indonesia JF - International Journal of Economics and Financial Issues JA - IJEFI VL - 10 IS - 5 SE - Articles DO - UR - https://econjournals.com/index.php/ijefi/article/view/10223 SP - 77-83 AB - <p>This study is aimed to show how big the impact of <em>sukuk </em>and conventional bond toward Indonesia's economic growth in the period of 2011-2019 by using ARDL method to observe the impact on the short term and long term. The result of this study shows that on the short term, <em>sukuk</em> does not affect the economic growth and bonds affect the economic growth. As on the long term, <em>sukuk</em> affects the economic growth and bonds do not affect the economic growth. This shows that Indonesian people see sukuk better than conventional bonds in the future.</p><p><strong>Keywords: </strong>Conventional Bond, Growth, Indonesia, Sukuk</p><p><strong>JEL Classifications: </strong>G1, O4, O53<strong></strong></p><p>DOI: <a href="https://doi.org/10.32479/ijefi.10223">https://doi.org/10.32479/ijefi.10223</a></p> ER -