Digital mosaics and Weibull probability distribution modelling of regional connectivity: a diplomatic economy perspective Online publication date: Fri, 29-May-2020
by Ejaz Gul; Imran Sharif Chaudhry
Global Business and Economics Review (GBER), Vol. 22, No. 4, 2020
Abstract: With emergence of China Pakistan Economic Corridor (CPEC), it is expected that Pakistan will move further closer to its historical ally China and other regional partners including Central Asian States. Paper investigates gradual transition of Pakistan towards greater regional integration using data on eight selected variables from 2001 to 2015 (15 years) for ten selected countries of Asia. To ascertain rate of transition of regional integration, digital analysis of data was carried out and digital mosaics were created with help of digital software SURFER - 9. To know effect of different variables on rate of transition of regional integration, data was analysed by using Weibull probability distribution model (WPDM). Results indicated that Pakistan is consistently moving closer to regional countries and rate of transition of regional integration is increasing with time. This validated the conception that CPEC will play instrumental role in strengthening regional integration in the context of Pakistan.
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