Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/169342
Authors: 
Huh, Hyeon-seung
Park, Cyn-young
Year of Publication: 
2017
Series/Report no.: 
ADB Economics Working Paper Series 511
Abstract: 
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.
Subjects: 
Asia
composite index
regional integration
JEL: 
F10
F30
O10
O50
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/igo/
Document Type: 
Working Paper

Files in This Item:
File
Size
2.06 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.