Regional Industrial Development and Growth Pole Formation: Key Factors for Sustainable Economic Expansion

The study aimed to identify key factors and mechanisms that contribute to the successful development of regional industry and the formation of economic growth centres. The study uses analysis of official statistics, review of economic and geographical theories, spatial analysis of production concentration, systematization of regulatory and legal documents, as well as assessment of the dynamics of the industrial structure of the regions. The main theoretical models, including Perroux’s growth pole theory, Porter’s regional clusters, and Vernon’s product life cycle models, which explain the mechanisms of industrial production concentration in certain regions, were analysed in the study. Based on the data for Uzbekistan, a detailed analysis of the factors influencing the development of industry in the regions of the country, such as infrastructure, innovation, and economic diversification, was conducted. The study examined changes in the structure of industrial production, territorial differentiation, and its relationship to industrialisation policies, including modernisation and technological upgrading. The study determined that most of the industrial production in Uzbekistan is concentrated in three economic regions – Tashkent, Zarafshan, and Fergana. The study also analysed the consequences of concentrating industrial capacities around the growth poles, which contribute to economic integration and development of adjacent territories. The analysis demonstrated that measures to develop small businesses and create technopolises and industrial clusters are substantial in stimulating employment and improving living standards. The study also described the results of the industrial diversification policy, such as the decline in the share of light industry and the growth of heavy engineering, chemical, and gas industries. Based on the analysis, the study concluded that a comprehensive approach to regional development planning is needed, including consideration of natural and economic conditions, creation of modern infrastructure, and implementation of innovative projects.

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Publication Details

Journal
International Journal of Accounting and Economics Studies
Published
2025-08-28
DOI
https://doi.org/10.14419/j73vdn86
Primary Topic
Economic Growth and Productivity
Type
article
Field-Weighted Citation Impact
0.00
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article

Regional Industrial Development and Growth Pole Formation: Key Factors for Sustainable Economic Expansion

Nilufar Komilova, Avazbek Sodikov, Yusupjon Akhmadaliyev, Rukhsora Khudayberganova et al.
International Journal of Accounting and Economics Studies
Economic Growth and Productivity
article

Regional Industrial Development and Growth Pole Formation: Key Factors for Sustainable Economic Expansion

Nilufar Komilova, Avazbek Sodikov, Yusupjon Akhmadaliyev, Rukhsora Khudayberganova, Khidoyatkhon Abdinazarova
article en

Abstract

The study aimed to identify key factors and mechanisms that contribute to the successful development of regional industry and the formation of economic growth centres. The study uses analysis of official statistics, review of economic and geographical theories, spatial analysis of production concentration, systematization of regulatory and legal documents, as well as assessment of the dynamics of the industrial structure of the regions. The main theoretical models, including Perroux’s growth pole theory, Porter’s regional clusters, and Vernon’s product life cycle models, which explain the mechanisms of industrial production concentration in certain regions, were analysed in the study. Based on the data for Uzbekistan, a detailed analysis of the factors influencing the development of industry in the regions of the country, such as infrastructure, innovation, and economic diversification, was conducted. The study examined changes in the structure of industrial production, territorial differentiation, and its relationship to industrialisation policies, including modernisation and technological upgrading. The study determined that most of the industrial production in Uzbekistan is concentrated in three economic regions – Tashkent, Zarafshan, and Fergana. The study also analysed the consequences of concentrating industrial capacities around the growth poles, which contribute to economic integration and development of adjacent territories. The analysis demonstrated that measures to develop small businesses and create technopolises and industrial clusters are substantial in stimulating employment and improving living standards. The study also described the results of the industrial diversification policy, such as the decline in the share of light industry and the growth of heavy engineering, chemical, and gas industries. Based on the analysis, the study concluded that a comprehensive approach to regional development planning is needed, including consideration of natural and economic conditions, creation of modern infrastructure, and implementation of innovative projects.

International Journal of Accounting and Economics StudiesVol. 12(SI-2)
Urgench State University (UZ), Kurgan State University (RU), Ferghana Polytechnical Institute (UZ), Ferghana State University (UZ), Kokand State Pedagogical Institute named after Mukimi (UZ), National University of Uzbekistan (UZ)
Openalex Percentile: Top 69%
Economic Growth and Productivity
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