Asia-Pacific Regional Integration Index: Construction, Interpretation, and Comparison
Asia-Pacific Regional Integration Index: Construction, Interpretation, and Comparison
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亚太区域一体化指数:构建、解读与比较
DOI:
10.2139/ssrn.2982755
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发表时间:
2017
期刊:
影响因子:
--
通讯作者:
Cyn‐Young Park
中科院分区:
文献类型:
--
作者:
Hyeon‐seung Huh;Cyn‐Young Park
We develop an index to measure the degree of regional integration in Asia and the Pacific (48 economies in six subregions). The index comprises 26 indicators in six dimensions of regional integration, i.e., trade and investment, money and finance, regional value chains, infrastructure and connectivity, free movement of people, and institutional and social integration. We use principal component analysis to apportion a weight to each dimension and indicator to construct composite indexes. The resulting indexes help assess the state of regional integration on diverse socioeconomic dimensions, evaluate progress against goals, identify strengths and weaknesses, and track progress. Cross-country, cross-regional comparisons also allow policy makers to prioritize areas for further efforts.