Asia-Pacific Regional Cooperation and Integration Index: Enhanced Framework, Analysis, and Applications

Abstract

Cover -- Title -- Copyright -- Contents -- Tables, Figures, and Boxes -- Foreword -- Acknowledgments -- Abbreviations -- Highlights -- I. Introduction -- An Enhanced Framework for Measuring Regional Cooperation and Integration -- Trends in Regional Integration in Asia and the Pacific -- Looking Forward -- References -- II. About the Asia-Pacific Regional Cooperation and Integration Index -- Evolution of the ARCII Framework -- Methodology Overview -- Interpretation -- References -- III. Measuring Regional Integration through the Enhanced ARCII Framework -- Key Findings and Results of the Enhanced ARCII Framework -- Main Trends in Dimensional Indexes -- Contribution to ARCII Dimensional Indexes by Indicator -- Regional Integration by Income Level -- Comparison of the Baseline and Enhanced ARCII Estimates -- Index Customization -- References -- IV. Balancing ARCII Downsides: Sensitivity Analysis and Robustness Checks -- Denominator Choice in ARCII Indicators -- Selection of Regional or Worldwide Normalization -- Regionalization Bias -- Spatial Autocorrelation Bias in ARCII Estimates and Correction -- Spatial Dependence: Why Does It Matter? -- References -- V. Conclusions and Way Forward -- Possible Extensions and Applications -- References -- Appendixes -- 1. Explanatory Note on the ARCII Framework -- 2. Dimensional Weights and Overall ARCII Estimates by Economy -- 3. Supplementary Information on Alternative Indicators.