European Journal of Economics, Finance and Business Development

ECONOMETRIC ASSESSMENT OF THE IMPACT OF INDUSTRY ON ECONOMIC GROWTH IN REPUBLIC OF UZBEKISTAN

Mamatkulov Tukhta Daminovich

Teacher of Termiz State University, Republic of Uzbekistan

Keywords: GDP, industrial sector, industrial products, analysis, econometric model, economic growth, efficiency, income.

Abstract

This article highlights the impact of industrial production on economic growth. In particular, the impact of industry on economic growth was quantitatively evaluated based on econometric modeling, the share of industrial gross added value in the gross domestic product (GDP) and its dynamics were analyzed. Also, scientific proposals were developed on the basis of the development of industrial sectors to ensure economic growth, increase the efficiency of branch enterprises, expand production and increase their share in exports.