THE ROLE OF ECONOMETRIC MODELING IN IMPROVING EFFICIENCY OF UZBEKISTAN LIGHT INDUSTRY

Abstract

The article analyzes the problems in the light industry production network on a global scale and on the example of the Republic of Uzbekistan. The importance of the light industry network in the world, especially in the economy of Uzbekistan, and the need to develop the network have been justified. The main problems in the development of light industry, the source of their emergence are described scientifically, and a mechanism for solving them is proposed. As a result of the research, the criteria for their scientific justification and identification are researched when determining the priorities for the development of light industry in the country. In this, the prerequisites for the primary application of the need for econometric modeling to achieve efficiency in the field are based. Also, the importance of econometric modeling in the development of light industry is presented in concrete facts.