ECONOMETRIC ANALYSIS OF FACTORS AFFECTING ECONOMIC STABILITY OF CHEMICAL INDUSTRY ENTERPRISES IN DIGITAL ERA: IN CASE OF UZBEKISTAN

Abstract

In this article, the econometric analysis of the factors affecting the economic stability of chemical industry enterprises in Uzbekistan was carried out, and the authors developed scientific and practical proposals for ensuring the economic stability of chemical industry enterprises. In the scientific works of foreign and domestic researchers, insufficient attention has been paid to the study of the practice of ensuring the economic sustainability of chemical industry enterprises. Therefore, a deeper study of the practice of ensuring the economic stability of the enterprises of the kimchi industry, which is considered one of the strategic branches of the economy, is one of the urgent issues. In this study, the development of the chemical industry was taken as the main criterion in the study of the financial and economic stability of the chemical industry enterprises operating in our country. Also, the volume of products produced in this sector was taken as an indicator of the development of the chemical industry. Therefore, in the study, an econometric model was developed to determine the factors affecting the chemical industry and express their interrelationship. Based on the conducted econometric analysis, the directions of development in our country were determined: consistent continuation of investments in the chemical industry in the country; further development of export of chemical industry products; further expansion of communication and information services in the country and digitization of the network. According to the authors, it is necessary to choose these directions in order to ensure the economic stability of chemical industry enterprises in our country.