Journal of Osh State University. Economics

Econometric analysis and modeling of small and medium entrepreneurship development in the Kyrgyz Republic

In the article, an econometric model for the volume of gross added value produced by small and medium-sized enterprises (SMEs) in Kyrgyzstan was constructed using the method of successive elimination of factors. A correlation and regression analysis was conducted, the most significant factors that had the greatest impact on the growth of the effective indicator were identified. The model is statistically significant and can determine the state of SME development in the current analysis and in forecasting for the near future

small and medium-sized businesses; gross value added; factors; correlation and regression analysis; econometric model; linear multiple regression