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THE ROLE OF SMALL BUSINESS IN REGIONAL ECONOMIC DEVELOPMENT: AN EMPIRICAL STUDY USING STATA

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This study analyzes the impact of small business entities’ activities on regional economic indicators using statistical and econometric methods. The Stata software was employed for empirical calculations, providing an opportunity to assess the influence of small business on regional economic growth. The results of this approach have practical significance for improving mechanisms to support small businesses in the regional economy.

AUTHORS

A.Fayziyeva

Termiz davlat universiteti

Tags

# small business# regional economy# региональная экономика# эмпирическое исследование# малое предпринимательство# kichik tadbirkorlik# статистический анализ# empirik tadqiqot# empirical research# ekonometrik model.# hudud iqtisodiyoti# stata dasturi# statistik tahlil# программа Stata# statistical analysis# Stata software

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References

Azimov, J. Sh. (2024). Factors affecting the growth of small and medium-sized enterprises in Uzbekistan. Kuey Journal of Economics and Youth, 12(3), 45–57.

Batrancea, L., Nichita, A., & Fatacean, G. (2022). The impact of SMEs on regional growth: Evidence from Central and Eastern Europe using GMM estimations. Economic Systems, 46(3), 100–118.

Dvouletý, O. (2023). Entrepreneurship and regional disparities: Panel evidence from EU countries. Small Business Economics, 61(1), 231–256. https://doi.org/10.1007/s11187-023 00741-9

Gaybullaev, O., & Oliński, M. (2023). Opportunities and challenges faced by small and medium enterprises in Uzbekistan. International Journal of Entrepreneurship and Small Business, 49(2), 223–238.

Goldstein, R. (1996). sg52: Testing dependent correlation coefficients. Stata Technical Bulletin 32: 18. Reprinted in Stata Technical Bulletin Reprints, vol. 6, pp. 128–129. College Station, TX: Stata Press.

López, O. S., Rivera, J. M., & Takács, I. (2025). Unlocking regional economic growth: How industry dynamics affect SME scaling. Economies, 13(5), 138. https://doi.org/10.3390/economies13050138

OECD. (2023). Insights on the Business Climate in Uzbekistan. OECD Publishing. https://doi.org/10.1787/9ac46b98-en

OECD. (2023). OECD SME and Entrepreneurship Outlook 2023. OECD Publishing. https://doi.org/10.1787/c5ac21d0-en

Pyo, S. (2025). Regional innovation and economic growth: Empirical evidence from dynamic panel data. Journal of Innovation and Regional Development, 12(1), 77–95.

Azimov, J. Sh. (2024). Factors affecting the growth of small and medium-sized enterprises in Uzbekistan. Kuey Journal of Economics and Youth, 12(3), 45–57.

Batrancea, L., Nichita, A., & Fatacean, G. (2022). The impact of SMEs on regional growth: Evidence from Central and Eastern Europe using GMM estimations. Economic Systems, 46(3), 100–118.

Dvouletý, O. (2023). Entrepreneurship and regional disparities: Panel evidence from EU countries. Small Business Economics, 61(1), 231–256. https://doi.org/10.1007/s11187-023 00741-9

Gaybullaev, O., & Oliński, M. (2023). Opportunities and challenges faced by small and medium enterprises in Uzbekistan. International Journal of Entrepreneurship and Small Business, 49(2), 223–238.

Goldstein, R. (1996). sg52: Testing dependent correlation coefficients. Stata Technical Bulletin 32: 18. Reprinted in Stata Technical Bulletin Reprints, vol. 6, pp. 128–129. College Station, TX: Stata Press.

López, O. S., Rivera, J. M., & Takács, I. (2025). Unlocking regional economic growth: How industry dynamics affect SME scaling. Economies, 13(5), 138. https://doi.org/10.3390/economies13050138

OECD. (2023). Insights on the Business Climate in Uzbekistan. OECD Publishing. https://doi.org/10.1787/9ac46b98-en

OECD. (2023). OECD SME and Entrepreneurship Outlook 2023. OECD Publishing. https://doi.org/10.1787/c5ac21d0-en

Pyo, S. (2025). Regional innovation and economic growth: Empirical evidence from dynamic panel data. Journal of Innovation and Regional Development, 12(1), 77–95.