The Influence of the Logistics Industry on Sustainable Economic Growth in the Case of Uzbekistan

Authors

  • Makhmudov Samariddin Bakhriddinovich Associate Professor of ISFT Institute, Doctor of Philosophy in Economics

Keywords:

GDP, macroeconomic indicators, logistic infrastructure, econometric modeling, logistic elements

Abstract

The growing inclination towards integrating all aspects of logistics and supply chain operations within the national economy is an pressing concern. This article explores the role and importance of the logistical system in the national economy. Our research employs ARDL cointegration relationships and Gauss Markov methods to construct econometric models. Furthermore, we analyze the primary conditions governing the cointegration relationship between logistics and GDP. In multifactor time series analysis, we logarithmize indicators of cointegrated time series, assess the stationarity of time series, develop regression models, and verify the stationarity of residuals. In addition to state-sponsored financing for the reconstruction of highways and railways, offering preferential loans for terminal construction, and establishing energy-efficient logistics warehouses, international imperatives such as creating transport corridors are essential for goods transportation to ports.

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Published

2024-04-29

How to Cite

Bakhriddinovich, M. S. . (2024). The Influence of the Logistics Industry on Sustainable Economic Growth in the Case of Uzbekistan. EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY, 4(4), 231–237. Retrieved from http://inovatus.es/index.php/ejbsos/article/view/3005

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