International Journal of Research in Social Sciences
  • Year: 2016
  • Volume: 6
  • Issue: 7

Impact of export diversification on economic growth of uzbekistan

  • Author:
  • Askarov Nodirbek
  • Total Page Count: 14
  • Page Number: 251 to 264

Andijan State University, Uzbekistan

Online published on 25 October, 2016.

Abstract

This article determines the economy of export diversification and the degree of its impact on economic growth of Uzbekistan. Results of the research show that there is a positive correlation between export diversification and dynamics of the national economy growth. Moreover, the article proves that tendency to raising the share of non-resource technological sectors in the export promotes development of the economy of Uzbekistan. We used OLS for analysis in our research. The data was a secondary and in quarterly period for 95–04. Recommendation for further implementation of the innovative direction of export diversification in the article assumes a targeted and sustainable modernization of the export range in accordance with the trends of the scientific and technological potential of the country.

Keywords

Export diversification, economic growth, Uzbekistan, export structure