ECONOMETRIC MODELING OF TRENDS IN THE DEVELOPMENT OF AGRICULTURAL INDUSTRIES IN KHOREZM REGION: AN ANALYSIS OF WEATHER PATTERNS, TECHNOLOGICAL ADVANCEMENTS AND LABOR FORCE
Abstract
This study analyzes the factors that affect the growth and development of agricultural industries in the Khorezm region of Uzbekistan using an econometric model. The study utilizes secondary data sources and a time-series analysis from 2000 to 2020. The results of the study suggest that weather patterns and technological advancements are significant factors affecting agricultural production in the region. Specifically, an increase in temperature and a decrease in rainfall have a negative impact on agricultural output, while investments in technology such as irrigation systems, machinery, and fertilizers have a positive effect. The study highlights the importance of investments in technology and infrastructure to increase agricultural output and improve the economy of the Khorezm region. Future research could explore the potential impact of other variables such as political instability and global markets on agricultural industries in the region.
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