Narzullo Naimovich Oblomuradov,
Candidate of economic sciences, associate professor
Tashkent Institute of Finance
Email: n.oblomuradov@tfi.uz
Jumaev Akbar Makhmudovich,
Doctor of philosophy (PhD) in economic sciences, associate professor
Tashkent Institute of Finance
Email: jumayev@tfi.uz
Abstract: This article investigates the factors (determinants) affecting the attraction of direct foreign investments in the Republic based on a multivariate regression model, employing econometric modeling techniques. Previous scientific research has analyzed numerous indicators for attracting direct foreign investments, including Gross Domestic Product (GDP), population incomes, exchange rates, inflation rates, exports, and other factors, forming scientific conclusions. In our research, from the perspective of attracting direct foreign investments in the context of Uzbekistan, the growth rate of Gross Domestic Product (GDP), changes in industrial production and export volumes, and indicators of newly established enterprises have been selected and examined with reliable statistical data according to an appropriate econometric model, and scientific conclusions have been formed.
Keywords: direct foreign investments, Gross Domestic Product, industrial production, export, econometric modeling, OLS method, regression model