Information asymmetry in investment goods market: Empirical analysis and reduction mechanisms

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.