Publication Details
Journal: Central Asian Journal of Innovations on Tourism Management and Finance
Issue: Vol 7, No 4 (2026)
Pages: 9-14
ISSN: 2660-454X
Check on Google Scholar DOI: 10.51699/cajitmf.v7i4.1327 Visit Article Page

Abstract

This paper econometrically assesses the entrepreneurial efficiency of private educational institutions in Namangan region of Uzbekistan based on quarterly data from LSL (Learning Skills Lab) center in 2017–2024 (32 observations). Several log-linear regressions were estimated in Stata, employing a step by step procedure—correlation criteria, lag term tests, log transformation, VIF test and elimination of insignificant regressors. Dependent variable: profit; independent regressors: students flow, number of courses, branches, monthly fee per student, professors’ qualification, advertising cost, infra-structure cost, incurrent investments. The conclusions of the study deny the perfect managerial strategy and encourage a flexible institution-focused strategy—development of retailed admission levels and consumer oriented prices, optimal service levels, appraisal of branches.

Keywords
Private education learning centers entrepreneurial activity econometric modelling multiple regression profit determinants non-state educational institutions VIF analysis log-linear model educational entrepreneurship
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