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possible to divide the cities and districts of the region into clusters (classes) and
determine the priority directions of their sustainable socio-economic development.
proposal on region's industrial output per capita, fixed capital investment per
capita, unemployment rate factors to GRP per capita in the short-term (+1.21%;
+2.3%; -1.15%) and long-term (+3.9%; +6.9%; -2.6%) are proposed to calculate the
determination of the priority level for the term based on the ARDL model is used in
No. 158-12-0-Q/22 of Khorezm regional governor’s "On additional measures for
comprehensive socio-economic development of the territories of Khorezm region in
2022-2026 and further improvement of living standards of the population" decision
on April 12, 2022 on the execution of the decision No. 154. (Reference No. 10-8119
dated November 22, 2022 of Khorezm region government). As a result of the
implementation of this proposal, it is possible to calculate the long-term and short-
term effects of the factors affecting the sustainable socio-economic development of
the region and thereby determine specific measures for the sustainable socio-
economic development of the region in the conditions of innovative development;
proposal on forecast values of the main indicators of the region's sustainable
socio-economic development for 2022-2026 is used in No. 158-12-0-Q/22 of
Khorezm regional governor’s "On additional measures for comprehensive socio-
economic development of the territories of Khorezm region in 2022-2026 and further
improvement of living standards of the population" decision on April 12, 2022 on the
execution of the decision No. 154. (Reference No. 10-8119 dated November 22, 2022
of Khorezm region government) By applying this result in practice an additional
possibility of forecasting the main indicators of stable socio-economic development
of the region for the medium-term period has been created.
