Practice of Forming Regional Tax Potential in the Transition to A "Green" Economy

Authors

  • Umid Bakhtiyorov Senior Lecturer at the Department of "Economics and Management", Tashkent International University of Financial Management and Technologies

DOI:

https://doi.org/10.51699/cajitmf.v7i2.1160

Keywords:

Tax Potential, Regional Fiscal System, Tax Base, Direct Taxes, Indirect Taxes, Fiscal Convergence, Regional Economic Development, Tax Administration, Green Economy, Budget Stability

Abstract

This study is dedicated to a comprehensive assessment of the economic essence of tax
potential in Uzbekistan's regions, the factors shaping it, and the dynamics of tax revenues across
different regions. Tax potential is interpreted as the primary fiscal foundation ensuring state budget
stability, and its intrinsic connection with economic growth, structural changes in industries,
urbanization processes, and institutional reforms is substantiated. The empirical analysis
encompasses the dynamics of direct and indirect taxes, resource and property taxes, and non-tax
revenues by region from 2020 to 2024. The research findings indicate the presence of fiscal
convergence among regions, while revealing that tax potential is expanding more rapidly in areas
with high economic centralization. Industry, the service sector, and the real estate market emerge
as the main drivers of the tax base, with the transition to a green economy and environmental
investments evaluated as promising factors for diversifying regional tax potential. The study
provides a scientific basis for the necessity of improving regional fiscal policy and tax
administration.

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Published

2026-02-14

How to Cite

Umid Bakhtiyorov. (2026). Practice of Forming Regional Tax Potential in the Transition to A "Green" Economy . Central Asian Journal of Innovations on Tourism Management and Finance, 7(2), 10–20. https://doi.org/10.51699/cajitmf.v7i2.1160

Issue

Vol. 7 No. 2 (2026): April

Section

Articles

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Copyright (c) 2026 Umid

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