ECONOMETRIC MODELING OF THE DYNAMICS OF RETAIL TRADE TURNOVER UNDER THE INFLUENCE OF REAL HOUSEHOLD INCOME USING A LOGARITHMIC FUNCTION
Gaybullayev Sarvar Uktam Ugli
GREEN ECONOMY AND DEVELOPMENT, 2026, vol. 4, issue 6
Abstract:
This study examines the impact of real household income on the dynamics of retail tradeturnover using a logarithmic econometric modeling approach. Retail trade turnover is considered one of thekey indicators reflecting consumer demand, purchasing power, and the overall level of economic development.Logarithmic econometric models are employed to capture the nonlinear nature of economic relationships and toevaluate the elasticity of retail trade turnover with respect to changes in income. In addition, the study discussesthe theoretical significance of differential equations and logistic growth models in analyzing dynamic economicprocesses.
Keywords: retail trade turnover; real household income; econometric modeling; logarithmic model; consumer demand; purchasing power; elasticity analysis; differential equations; logistic growth model; economic dynamics; forecasting; economic policy (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:4:y:2026:i:6:id:10793
DOI: 10.5281/zenodo.20571751
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