IMPACT OF TECHNOLOGY ADVANCEMENT ON ECONOMIC DEVELOPMENT OF KAZAKHSTAN: AN ARDL ASSESSMENT

Authors

  • Gaukhar Umarova Mukhtar Auezov South Kazakhstan University, Shymkent, Kazakhstan
  • Zhannat Temirova Zh. A. Tashenev University, Shymkent, Kazakhstan
  • Kulyash Turkeyeva Institute of Economics SC MSHE RK, Almaty, Kazakhstan
  • Gulbana Maulenkulova Mukhtar Auezov South Kazakhstan University, Shymkent, Kazakhstan
  • Indira Kozhamkulova Mukhtar Auezov South Kazakhstan University, Shymkent, Kazakhstan

DOI:

https://doi.org/10.2478/eoik-2025-0089

Keywords:

technology, patents, digitalization, research and development, ARDL, economic development

Abstract

One of the most important concerns for both industrialized and emerg-
ing nations will continue to be economic development. Since modern

technologies have permeated practically every aspect of human exis-
tence, technological advancement plays a unique role in this regard.

This study was carried out to evaluate the influence of technological
development elements on the nation’s economic development. ICT
goods exports, research and development expenditure, scientific and

technical journal articles, and patent applications were taken as inde-
pendent factors, and GDP per capita was taken as dependent. The

study employed the Autoregressive Distributed Lag model and cov-
ered the years 2000–2022. The study’s conclusions demonstrate the

long-term and short-term benefits of science-based and patent-based
technology advancement for the nation’s economic development. For
scientists doing such research, the authors hope that this work will
represent a fresh breakthrough.

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2025-12-01

How to Cite

Gaukhar Umarova, Zhannat Temirova, Kulyash Turkeyeva, Gulbana Maulenkulova, & Indira Kozhamkulova. (2025). IMPACT OF TECHNOLOGY ADVANCEMENT ON ECONOMIC DEVELOPMENT OF KAZAKHSTAN: AN ARDL ASSESSMENT. ECONOMICS - INNOVATIVE AND ECONOMICS RESEARCH JOURNAL, 13(4), 151–166. https://doi.org/10.2478/eoik-2025-0089

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