The Development of the Economy in the Field of Tourism in Uzbekistan

Abstract

This study is aimed at analyzing the impact of foreign tourists on economic growth. There will also be a study about long-term relationship between the expansion of tourism and economic growth in Uzbekistan. Empirical evidence highlights the nature of causal relationships, if any, between domestic travel and tourist spending, domestic travel and tourist consumption, annual gross domestic product growth rates and the real exchange rate. This study analyzes the relationship between the number of tourists, investments in tourism, government spending on tourism and economic growth in the regions of the country.