Authors:
Rajneesh Kler, Jaloliddin Jamoliddinov, Jasurbek Nematjonov, Ixtiyorjon Kadirov, Mirjalol Muzaffarov
Addresses:
Department of Management and Social Sciences, Amity University, Tashkent, Uzbekistan, rkler@amity.uz, jaloliddin.jamoliddinov1@s.amity.edu, jasurbek.nematjonov1@s.amity.edu, ixtiyorjon.kadirov1@s.amity.edu, mirjalol.muzaffarov1@s.amity.edu.
Abstract:
The current study takes econometric analysis as a base to delve into the nexus between health, education, and regional economic growth in Uzbekistan, revealing intriguing insights. It identifies a positive and statistically significant correlation between healthcare infrastructure, exemplified by the number of hospitals and the Regional Gross Domestic Product (RGDP). This underscores the pivotal role of healthcare investments in propelling economic development at the regional level. Conversely, the impact of educational investments on RGDP presents a more intricate scenario, with mixed findings across models, suggesting both positive and negative effects, albeit with varying levels of statistical significance. The empirical revelations hold profound implications for policy formulation, advocating for targeted investments in healthcare infrastructure alongside a nuanced approach to educational development. The analysis underscores the imperative of methodological rigor in econometric research to guarantee the reliability of empirical findings. It offers valuable insights for policymakers striving to foster balanced and sustainable development trajectories. Moreover, it sets the stage for future research endeavors and policy interventions in Uzbekistan and analogous contexts worldwide.
Keywords: Health Infrastructure; Education and Policy Formulation; Investment Regional Economic; Growth Econometric Analysis; Healthcare Investments; Regional Gross Domestic Product (RGDP).
Received: 19/11/2023, Revised: 03/01/2024, Accepted: 01/02/2024, Published: 01/06/2024
AVE Trends in Intelligent Techno Learning, 2024 Vol. 1 No. 1 , Pages: 11-22