Econometric Models of Attracting Investment into Production in Uzbek Industry

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Aktam Burkhanov

Abstract

In this article, is analysed relationship between GDP and investments and proven on the basis of econometric models. Model of GDP determination is built on the basis of Solow model with the help of Cobb-Douglas production function. Econometric models for calculating the effectiveness of attracting more investment to production in Uzbek economy are analyzed using dynamic econometric models constructed using Solow model.

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