VERIFICATION OF THE HYPOTHESIS OF ANALYSIS OF THE ECONOMIC EFFICIENCY OF PROFESSIONAL HEALTH AND SAFETY IN CONSTRUCTION COMPANIES

Abstract

This study is an econometric analysis of the effectiveness of labor protection in construction companies in the country. It also explores the prospects for human capital development as a result of hypothesis testing of the regression equation, including normal distribution, multicollinearity, autocorrelation, heteroscedasticity, and model stability.

The purpose of the study is to strengthen the model by studying the errors observed in the process of econometric analysis of economic losses of organizations as a result of accidents and occupational diseases in the construction industry of Uzbekistan in the process of labor protection.

Scientific novelty of the research:

1. Econometric analysis of the current state of significance of the economic losses of construction contractors;
2. Based on the results of the six-step hypothesis testing, the analysis clarified the composition of the factors influencing the losses of organizations on the basis of simple linear regression and logarithmic functions;
3. The essence and importance of countermeasures for a sharp decrease in economic losses as a result of labor protection and safety in the development of human capital in construction have been quantitatively determined.