ASSESSMENT OF THE IMPACT OF REGIONAL INDUSTRIAL PRODUCTION ON POPULATION EMPLOYMENT BASED ON A REGRESSION MODEL
DOI:
https://doi.org/10.5281/Keywords:
regression analysis, industrial production, employment, panel data, fixed effects, GMM, elasticity, regional economy, Uzbekistan.Abstract
This article estimates the impact of industrial production on employment in 14 territorial units of the Republic of Uzbekistan for 2012–2023 using a regression model [1]. The research used pooled OLS, Fixed Effects (FE) and GMM methods. According to the main result, an increase in industrial production by 1 billion soums has the potential to increase employment by an average of 84.7 thousand people. The industrial employment multiplier (β₃=2.914) had a strong impact on total employment (p<0.001). Elasticity analysis by region confirmed the regional stratification of the relationship between industry and employment.
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