MODELING AND FORECASTING THE DEVELOPMENT OF THE REGIONAL AGRICULTURAL SECTOR BASED ON MULTIFACTORIAL RELATIONSHIPS
Aysachev Abdulfotix Abdulfaizovich
Economical science, Andijan Institute of Mechanical Engineering
Abstract
The article develops a multivariate econometric model based on the Cobb-Douglas production function, which includes the volume of gross regional agricultural output as an endogenous factor and egzogenic factors that affect the endogenous one. The assessment of the model and carried out its parameters, on the basis of which the forecast determined indicators of the gross regional agricultural output of the Andijan region for 2024.
Keywords: multivariate analysis, endogenous and exogenous factors, correlation, correlation and regression analysis, gross regional agricultural output, least squares method, regression coefficient, elasticity coefficient, lag expectations, development strategies.
Journal Name :
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EPRA International Journal of Research & Development (IJRD)
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Published on : 2021-07-29
| Vol | : | 6 |
| Issue | : | 7 |
| Month | : | July |
| Year | : | 2021 |