ASSESSING THE SOURCES AND QUALITY OF REGIONAL ECONOMIC GROWTH USING THE SOLOW MODEL
DOI:
https://doi.org/10.5281/zenodo.20781124Abstract
This article analyzes the structural and factor decomposition of economic growth across the districts of Surxondaryo
region using the Solow–Swan dynamic growth model and the Cobb–Douglas production function. The study evaluates the sources of
regional economic growth, resource quality, sustainability, and diversification level, and develops a single integrated index. The results
indicate that economic growth in most districts of the region is mainly driven by capital and labor inputs, reflecting an extensive growth
pattern. Intensive, or technology-driven, growth trends were identified only in the city of Termez and Boysun district. The article
concludes with practical recommendations aimed at increasing labor productivity and ensuring sustainable economic growth in the
regions.
Keywords
economic growth, Solow–Swan model, Cobb–Douglas model, decomposition, integrated index, intensive growth, extensive growth, resource quality, Surxondaryo region.References
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