ASIAN DEVELOPMENT BANK AsiAn Development BAnk 6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines adb Asia-Pacifc Regional Integration Index: Construction, Interpretation, and Comparison The study develops an index to measure the degree of regional integration in Asia and the Pacifc (48economies in six subregions). The index comprises 26 indicators in six dimensions of regional integration, i.e., trade and investment, money and fnance, regional value chains, infrastructure and connectivity, free movement of people, and institutional and social integration. In constructing composite indexes, principal component analysis was used to determine the weight of each dimension and indicator. 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. About the Asian Development Bank ADB’s vision is an Asia and Pacifc region free of poverty. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Despite the region’s many successes, it remains home to a large share of the world’s poor. ADB is committed to reducing poverty through inclusive economic growth, environmentally sustainable growth, and regional integration. Based in Manila, ADB is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance. adb economics working paper series NO.511 april 2017 AsIA-PACIfIC RegIONAl INtegRAtION INDex: CONstRuCtION, INteRPRetAtION, AND COmPARIsON Hyeon-Seung Huh and Cyn-Young Park ADB Economics Working Paper Series Asia-Pacific Regional Integration Index: Construction, Interpretation, and Comparison Hyeon-Seung Huh and Cyn-Young Park No.511| April 2017 Hyeon-Seung Huh (hshuh@yonsei.ac.kr) is a professor at Yonsei University, Seoul, Republic of Korea.Cyn-Young Park (cypark@adb) is director of the Regional Cooperation and Integration Division in the Economic Research and Regional Cooperation Department of the Asian Development Bank. The authors thank Hyun-Hoon Lee for very helpful suggestions, and Racquel Claveria, Pilar Dayag, Seong-Eun Kang, Paul Mariano, and Mara Claire Tayag for their devoted and timeless efforts in collecting and compiling data. Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) 6 ADB Avenue, Mandaluyong City,1550 Metro Manila, Philippines Tel +6326324444; Fax +6326362444 adb Some rights reserved. Published in 2017. ISSN 2313-6537(Print),2313-6545(e-ISSN) Publication Stock No. WPS178772-2 DOI: http://dx.doi/10.22617/WPS178772-2 The views expressed in this publication are those of the authors and do not necessarily refect the views and policies ofthe Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specifc companies or products of manufacturers does not imply that they are endorsed or recommended by ADB in preference to others of a similar nature that are not mentioned. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” inthis document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) https://creativecommons/licenses/by/3.0/igo/. By using the content of this publication, you agree to be bound bytheterms of this license. For attribution, translations, adaptations, and permissions, please read the provisions andterms of use at https://adb/terms-useopenaccess This CC license does not apply to non-ADB copyright materials in this publication. If the material is attributed toanother source, please contact the copyright owner or publisher of that source for permission to reproduce it. ADB cannot be held liable for any claims that arise as a result of your use of the material. Please contact pubsmarketing@adb if you have questions or comments with respect to content, or if you wish toobtain copyright permission for your intended use that does not fall within these terms, or for permission to use theADB logo. Notes: 1. In this publication,“$” refers to US dollars. 2. Corrigenda to ADB publications may be found at adb/publications/corrigenda CONTENTS TABLES AND FIGURES iv ABSTRACT v I.INTRODUCTION 1 II.STRUCTURE OF APRII AND DATA TREATMENT 3 A. Index Composition and Data Descriptions 3 B. Treatment of Missing Data 5 C. Countries Covered 5 D. Year Coverage 5 E. Normalization 6 III.AGGREGATION SCHEME 6 IV.EMPIRICAL RESULTS 8 VPARISONS TO OTHER REGIONS 16 VI.CONCLUSION 21 APPENDIXES25 REFERENCES29
。。。以上简介无排版格式，详细内容请下载查看