The Impact of the Level of Economic Development on Household Income
DOI:
https://doi.org/10.51699/cajitmf.v7i1.1099Keywords:
Economic Development, Household Income, Income Inequality, Regional Economic Policy, Empirical Analysis, Surxondaryo Region, STATA, Regression ModelAbstract
This study empirically examines the impact of economic development on household income. The main objective of the research is to identify the interrelationship between regional economic growth indicators and household income, as well as to assess the effect of economic development on income inequality. Statistical database for Surxondaryo region from (2018–2024) was compiled during this study based on multiple regression analysis as well correlational analysis diagnostic tests, and results were analyzed using STATA software. The results show that economic development positively affects rising household income across the Surxondaryo region, although there continue to be regional divides. The results have both theoretical and practical implications for the improvement of regional economic policy, population well-being, and income distribution.
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