The Effect Of Economic Sectors And Regions In Gross Domestic Product In Uzbekistan
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Abstract
The results of the ongoing large-scale reforms in the Republic of Uzbekistan find their place both in the development of the economy and in improving of living standards of the country's population. The purpose of the survey is to reveal the impact of reforms in the country on the economic development of the country, as well as to study the impact of economic sectors and regions.
In particular, during this study the impact of economic sectors on the gross domestic product of Uzbekistan was studied based on data released by the State Committee of the Republic of Uzbekistan on Statistics in 2010-2021. The descriptive-analytical approach and stepwise multiple regression model used to analyze the economic sectors and regions. The study results showed that the impact factor of the Transportation and storage sector was (0,722) being the least efficient in the economy of Uzbekistan. At the same time, the study calls for starting more investments in the economic sectors, specially the agricultural and industrial one, as they play a vital role in gross domestic product.