The impact of competition on economic growth: evidence from uzbekistan’s automative industry
DOI:
https://doi.org/10.5281/zenodo.15532194Keywords:
competition, market liberalization, automotive industry, foreign direct investment, vehicle production, localization, employment, investment climate, tariffs, consumer behavior, efficiency, sustainability, Uzbekistan economy, policy reformAbstract
Competition is a key driver of economic growth, fostering innovation, efficiency, and consumer welfare. This
study examines the effects of market liberalization on Uzbekistan’s automotive industry, focusing on the role of competition
in enhancing productivity and economic resilience. Using a mixed-method approach combining statistical data from 2016
to 2024 and primary surveys of consumers and dealerships the study analyzes trends in vehicle production, localization,
employment, investment, and affordability. Results show that reduced import tariffs, increased foreign direct investment,
and expanded local manufacturing have improved market accessibility, service quality, and consumer choices. The
analysis highlights how competition encourages efficiency and supports sustainable development. These findings offer
valuable insights for policymakers aiming to promote sectoral growth through competitive reforms
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Conducted among 100 participants in Uzbekistan.
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