Keywords
How to Cite
Abstract
This article extensively analyzes the theoretical foundations of the effective use of the energy system in achieving economic growth in Uzbekistan. Within the framework of the study, based on classical, neoclassical, and endogenous growth theories, the role of the energy factor in the production process is consistently highlighted. Also, the mechanisms of influence on economic growth through the influence of energy efficiency, energy intensity, energy security, and the multiplier are scientifically substantiated. The research results show that the modernization and efficient use of the energy system is an important factor in the sustainable development of the economy of Uzbekistan.
References
1. Solow R.M. (1956). A Contribution to the Theory of Economic Growth.
2. Romer P. (1990). Endogenous Technological Change.
3. Lucas R. (1988). On the Mechanics of Economic Development.
4. Stern D. (2011). The Role of Energy in Economic Growth.
5. International Energy Agency (IEA). World Energy Outlook.
6. World Bank. World Development Indicators.
7. O‘zbekiston Respublikasi Energetika vazirligi ma’lumotlari
8. O‘zbekiston Respublikasi Davlat statistika qo‘mitasi ma’lumotlari