Page 183 - Theoretical and Practical Interpretation of Investment Attractiveness

decisions. Investments dependent on government decisions 190 were not taken into account in
the study due to their small share and impact on overall investment.
Appendix 37 shows that investments in all regions of the country grew from year to
year. Several factors positively influenced the emergence of this situation. When determining
this effect, investments directed into the economy (in fixed capital (inv)), as well as foreign
investments and loans (inv-kr), together with the gross regional product (grp), per capita
income (gn-pk), highly educated people working in legal entities, growth of gross regional
product with the share of the number of employees (higher), fixed assets (assets), growth of
gross regional product (GRPG), volume of agriculture (agro-industrial complex), volume of
industry (ind), volume of services (serv) and investment growth (invg) The correlation
between speed was calculated based on the stata program.

Investiciyalar va asosiy vositalar

10

2016
2015
8 2014
2012
2013
2011
2010
2009
2008

2007
6 2006
2005

2004
2003
2002
2001
2000
4

Kvadratik trend
2

4 6 8 10 12

Asosiy vositalar natural logarifmi

Manba: O'zR Davlat statistika qo'mitasi ma'lumotlari asosida tuzilgan

4.4.2 - fig. Investments and fixed assets relationship between

Calculations show that there is a positive correlation between investments and the
factors we have chosen. That is, when arbitrary coefficients (inv-cre, grp, inc-pc, agri, ind,
serv) and the volume of investments (forced coefficient) received by the regions were
reflected in the Cartesian coordinate system, it was shown that there is a straight line between
them communication (see: 32-, Appendix 33 ). The correlation of factors was carried out by
regions of Uzbekistan (14 administrative districts in total) in the period from 2000 to 2016 (
Figures 4.4.1, 4.4.2 and appendices 34-35-36-37-38 ).
Panel models and their rationale. Because econometric models, like physical or
biological models, abstract complex reality, they face a number of difficulties when tested

190 Note: according to 2016 data, investments directed to the state budget amounted to 4.5% of total investments. Bank
newsletter. March 2, 2017, no. 9.
180