ASSESSMENT OF IMPACT OF INDUSTRIAL AGGLOMERATIONS ON LOCAL ECONOMIC GROWTH
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Keywords

industry
GDP
agglomeration
workforce
region

How to Cite

Rakhimbaev, A. (2023). ASSESSMENT OF IMPACT OF INDUSTRIAL AGGLOMERATIONS ON LOCAL ECONOMIC GROWTH. Economics and Education, 24(4), 389–394. https://doi.org/10.55439/ECED/vol24_iss4/a63

Abstract

The article examines the scientific theories on the assessment of the impact of industrial agglomeration on the socio-economic development of regions, as well as the mechanisms of formation and development of industrial agglomerations. Based on the Cobb-Douglas production function, a method for assessing the impact of industrial agglomeration on regional economic growth is proposed. Based on the proposed method, the impact of industrial agglomerations on regional development in the regions of the Republic of Uzbekistan was determined based on the static agglomeration index. According to the results, it was determined that the development of industrial agglomerations has different positive and negative effects on economic growth in regions.

https://doi.org/10.55439/ECED/vol24_iss4/a63
PDF (O'zbekcha)

References

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