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Measuring the Contribution of Digitalization to Total Factor Productivity Growth in Uzbekistan

Bakhtiyor KhajiyevAcademic activities and registration department, Tashkent State University of Economics, UzbekistanBekzod Erkinovich MamarakhimovFundamental economics department , Tashkent State University of Economics, UzbekistanTokhir ShomurodovFundamental economics department , Tashkent State University of Economics, UzbekistanSirojiddin YangiboyevDepartment of TDIU-Pendidikan International Joint Degree Program, Tashkent State University of Economics, Uzbekistan
2023en
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This research paper aims to investigate the extent to which digitalization contributes to total factor productivity (TFP) growth in Uzbekistan. Digitalization, characterized by the adoption and integration of digital technologies and data-driven processes, has become a global phenomenon with far-reaching implications for economic development. In the context of Uzbekistan's emerging economy, this study seeks to discern the impact of digitalization on TFP growth and provide insights for policymakers and stakeholders. To achieve this, we employ an empirical analysis, incorporating data on digitalization metrics, economic indicators, and TFP measures. The results indicate a significant positive relationship between digitalization and TFP growth in Uzbekistan, suggesting that fostering digitalization could be a key driver of economic progress in the country.

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