Estimation of the role of small business in increasing export potential of Uzbekistan

Journal Title: Бюллетень науки и практики - Year 2018, Vol 4, Issue 7

Abstract

This paper studies the role of small business in the economy and its sectors in Uzbekistan, as well as estimates their role in increasing and diversifying the export potential of Uzbekistan. Moreover, gives a brief and short description and results of reforms and programs held in the creation of a favourable environment for small business. As consequences of those reforms, the number of small business in Uzbekistan increasing steadily. Also acknowledged that agriculture plays a great role in the expansion and diversification of export in the state since it has absolute and comparative advantages in external trade. The share of small business in GDP have a positive high impact on the total amount of export 241.9 million dollars. Moreover, calculations show that there is high elasticity between the share of small business in export and GDP, industry, agriculture high enough. Conclusions indicate the role of agriculture especially small business in agriculture is very effective in increasing the share of small business in export.

Authors and Affiliations

S. Salayev, J. Ataev

Keywords

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  • EP ID EP486454
  • DOI 10.5281/zenodo.1312261
  • Views 84
  • Downloads 0

How To Cite

S. Salayev, J. Ataev (2018). Estimation of the role of small business in increasing export potential of Uzbekistan. Бюллетень науки и практики, 4(7), 352-356. https://europub.co.uk/articles/-A-486454