FACTORS AFFECTING DAIRY PRODUCTION EFFICIENCY: CORRELATION AND REGRESSION ANALYSIS
DOI:
https://doi.org/10.5281/zenodo.20966813Keywords:
dairy industry, investment, net profit, period expenses, correlation analysis, regression model, econometric analysis, regional development, economic efficiency, milk production.Abstract
This article analyzes the financial performance of “Uzbegim Agro Uzbekistan–Germany” for the
period 2015–2024 using economic-statistical and econometric methods. The study examines the dynamics of
the enterprise’s net profit, period expenses, and investment volumes, and evaluates the relationships among
these indicators through correlation and regression analysis. The results show a strong positive relationship
between net profit and period expenses (r = 0.8594), as well as a very strong relationship between investment
and net profit (r = 0.8913). In addition, a logarithmic regression model is used to assess the impact of investment
and expenses on enterprise profitability, confirming that investment is one of the key factors contributing to net
profit growth.
The article also analyzes regional trends in milk production in Uzbekistan from 2010 to 2024. The
research findings indicate that milk production in the country has shown steady growth, with Samarkand,
Kashkadarya, Fergana, and Khorezm regions ranking among the leading regions in this area. The obtained
results may serve as a basis for developing scientific and practical recommendations aimed at increasing
the economic efficiency of dairy enterprises, improving investment policy, and effectively utilizing regional
production potential.
References
Statistics Agency under the Administration of the President of the Republic of Uzbekistan. Statistical
Collections on Socio-Economic Development Indicators of the Republic of Uzbekistan. – Tashkent, 2024.
Statistics Agency of the Republic of Uzbekistan. Official Statistical Database [Electronic resource]. – URL:
Ministry of Agriculture of the Republic of Uzbekistan. Annual Reports on the Development of the Agricultural
and Livestock Sectors. – Tashkent, 2024.
Ministry of Agriculture of the Republic of Uzbekistan. Official Data and Analytical Reports [Electronic
resource]. – URL: https://agro.uz
Gujarati D.N. Basic Econometrics. – 5th ed. – New York: McGraw-Hill Education, 2009.
Wooldridge J.M. Introductory Econometrics: A Modern Approach. – 7th ed. – Boston: Cengage Learning,
Pindyck R.S., Rubinfeld D.L. Econometric Models and Economic Forecasts. – New York: McGraw-Hill,
Higgins R.C. Analysis for Financial Management. – New York: McGraw-Hill Education, 2018.
Food and Agriculture Organization of the United Nations. Dairy Market Review and Agricultural Statistics
Reports. – Rome: FAO, 2024.
FAO Statistics Database (FAOSTAT). Global Agricultural and Dairy Production Statistics [Electronic
resource]. – URL: https://www.fao.org/faostat/
The World Bank. World Development Indicators. – Washington, D.C.: World Bank, 2024.
World Bank Data Catalog. Economic and Agricultural Development Indicators [Electronic resource]. –
URL: https://data.worldbank.org/
Financial Statements and Internal Statistical Data of “Uzbegim Agro Uzbekistan–Germany” Enterprise for
–2024.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 ECONOSCITECH INTEGRATION

This work is licensed under a Creative Commons Attribution 4.0 International License.