REGIONAL ECONOMIC GROWTH AND CONVERGENCE IN UZBEKISTAN

Abstract

The article presents the state of and changes in the pattern of regional diparities in Uzbekistan over the years 2010-2018. The convergence in the level of economic development of regions are examined in a dynamic approach on the basis of regional GDP per capita.

Design/methodology/approach –The evolution of regional disparitiesin Uzbekistan is studied using convergence methods; σ-convergenceand β-convergence

Findings–The results obtained using the σ- convergence methods are found to indicate decrease in regional differences in the years in the years 2010-2016, a steady increase in 2016-2018 and according to the results of β-convergence analysis,the differences in the development of the regions of the Republic of Uzbekistan
in GDP per capita in 2010-2018 are slightly eliminated.

Practical implications –In these studies, attention is paid to convergence in the socio-economic development of  regions, and in the analysis of their change, economic aspects come to the fore.

Originality/value –An answer is sought to the question of whether the growth dynamics had a favourable effect on the evolution of regional convergencein Uzbekistan. It is hoped that the results of the study would be useful for regional planning in Uzbekistan