Information asymmetry in investment goods market: Empirical analysis and reduction mechanisms
https://doi.org/10.35266/2949-3455-2025-4-1
Abstract
The article is devoted to the analysis of information asymmetry in the investment goods market in emerging markets. The aim of the work is to systematize theoretical approaches to information asymmetry and develop practical mechanisms for its minimization. The methodological framework is based on the principles of neo-institutional economic theory with the application of econometric modeling, comparative and systematic analysis. The empirical base includes statistical data from the Sughd Region of the Republic of Tajikistan. The scientific novelty lies in the development of a composite information asymmetry index and the creation of an adapted model for developing markets. The major results include a quantitative assessment of economic losses from information asymmetry, which constitute a significant share of foreign direct investment volumes, and the construction of an econometric model of asymmetry determinants. It is revealed that digitalization is the most significant factor in reducing information asymmetry. The practical significance consists in developing recommendations for creating a digital investment information platform and implementing information transparency standards.
Keywords
information asymmetry,
investment goods,
information theory,
institutional economics,
emerging markets,
lemon problem,
moral hazard,
information signals
Supporting agencies: the work is carried out with the support of the Institute of Economy and Trade of Tajik State University of Commerce in Khujand
About the Author
M. A. Ahmedov
Institute of Economy and Trade of Tajik State University of Commerce in Khujand, Khujand
Tajikistan
Tajikistan
Senior Lecturer
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Review
For citations:
Ahmedov M.A. Information asymmetry in investment goods market: Empirical analysis and reduction mechanisms. Surgut State University Journal. 2025;13(4):8‒17. (In Russ.) https://doi.org/10.35266/2949-3455-2025-4-1
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