Full Article: PDF
Scientific Object Identifier: http://s-o-i.org/1.1/TAS-12-128-16
DOI: https://dx.doi.org/10.15863/TAS.2023.12.128.16
Language: English
Citation: Gulyamov, S. S., & Siddikov, A. J. (2023). Econometric modeling of final demand of Uzbekistan. ISJ Theoretical & Applied Science, 12 (128), 207-216. Soi: http://s-o-i.org/1.1/TAS-12-128-16 Doi: https://dx.doi.org/10.15863/TAS.2023.12.128.16 |
Pages: 207-216
Published: 30.12.2023
Abstract: In this article provides a review of applied macromodels for analyzing and forecasting demand, as well as its constituent segments of the CIS countries, as those closest to Uzbekistan in terms of development level and economic structure. At the same time, a methodology for constructing a macromodel of analysis has been developed and a formula for calculating the projected growth rate of final demand has been formulated. An econometric macromodel of final demand for goods and services has been constructed to analyze and forecast the macroeconomic equilibrium of the country. Also, econometric models of demand were tested for the statistical significance of indicators, assessed on statistical data from Uzbekistan, and an economic interpretation of the equations included in the macromodel of demand was given.
Key words: econometric modeling, macroeconomic equilibrium, demand for final goods and services, government expenditures, final consumption of households, expenditures of NPOSH, investments, net exports, assessment, economic interpretation, model testing.
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