Effects of Islamic Banking on Employment: Turkish Experience

Effects of Islamic Banking on Employment: Turkish Experience

Etem Hakan Ergeç, Bengül Gülümser Kaytancı
ISBN13: 9781522520085|ISBN10: 1522520082|EISBN13: 9781522520092
DOI: 10.4018/978-1-5225-2008-5.ch014
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MLA

Ergeç, Etem Hakan, and Bengül Gülümser Kaytancı. "Effects of Islamic Banking on Employment: Turkish Experience." Handbook of Research on Unemployment and Labor Market Sustainability in the Era of Globalization, edited by Füsun Yenilmez and Esin Kılıç, IGI Global, 2017, pp. 235-254. https://doi.org/10.4018/978-1-5225-2008-5.ch014

APA

Ergeç, E. H. & Kaytancı, B. G. (2017). Effects of Islamic Banking on Employment: Turkish Experience. In F. Yenilmez & E. Kılıç (Eds.), Handbook of Research on Unemployment and Labor Market Sustainability in the Era of Globalization (pp. 235-254). IGI Global. https://doi.org/10.4018/978-1-5225-2008-5.ch014

Chicago

Ergeç, Etem Hakan, and Bengül Gülümser Kaytancı. "Effects of Islamic Banking on Employment: Turkish Experience." In Handbook of Research on Unemployment and Labor Market Sustainability in the Era of Globalization, edited by Füsun Yenilmez and Esin Kılıç, 235-254. Hershey, PA: IGI Global, 2017. https://doi.org/10.4018/978-1-5225-2008-5.ch014

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Abstract

Islamic Banking (IB) holds the potential of creating positive impacts upon the economy thanks to its governing principles. An extension of this potential is that the employment should be positively affected by Islamic banks. This study comparatively investigates the relationship between Islamic and private commercial banking loan and sectorial employment in Turkish economy through Granger causality method. The loans offered by IBs affect employment in manufacturing and construction sectors whereas such an impact is not identified for others. Therefore, in sectors with the exception of these two, there is no finding suggesting that IBs have positive impacts in respect to employment on real economy.

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