An Empirical Study Of The Effects Of Institutional Quality For Central Asia Regional Economic Integration

After the Soviet Union collapsed under the impact of international wave of regional economic integration in Central Asia have set up a number of regional economic integration organizations, from the initial CIS, unified economic space, the Central Asian Cooperation Organization, and now in Europe Asian economic Union, but the results obtained are not very satisfactory. In recent years, China has been actively involved in the Central Asia Regional Economic Cooperation, but progress is slow. China continues to accelerate at an open border background, very necessary for the Central Asia Regional Economic Integration of the reasons for the slow development of research, but the system is a major factor affecting the development of regional economic integration, but the system, the institutional quality of Central Asia few studies of regional economic integration.It is in this context, the paper uses qualitative and quantitative analysis combined with each other the way how the system affects the quality of the development of Central Asia Regional Economic Integration research. First, the system of classification, including formal and informal institutions, and formal institutions including economic system, political system, legal system, and further the economic system, political system, legal system breakdown, the following conclusions: economic system, political system, the legal system to determine the relationship between people in a society constructed constraints and incentive mechanisms, constraints and limitations of people’s behavior, determines the extent of the transaction and coordination costs, and innovation in commercial activity, and thus play in the economic development of a country and region in an important role, have an important impact on a country’s economic, trade, investment and foreign relations, and then a national system would affect the level of the integration process in the country.Secondly, the use of the Central Asian countries in the region within the heart of the trend, measuring Russia, Belarus, Kazakhstan, Turkmenistan, Kyrgyzstan, Tajikistan, the level of integration of these six countries, and six countries analyzed differences in the level of integration.Again, the quality of the empirical model to build the system in Central Asia Regional Economic Integration impacts were established influence in Central Asia Regional Economic Integration of the empirical model empirical model, economic impact of institutional quality on the Central Asian regional economic integration, political impact on Central Asia regional Economic Integration system on empirical models of the Central Asia regional Economic Integration empirical model, the legal system, the use of panel data methods were investigated economic system, political system, the legal system of the Central Asia regional Economic Integration impact, the following conclusions: institutional quality of the Central Asia Regional Economic Integration really had an impact, in particular classification system, the impact of different quality system on Central Asia Regional Economic Integration generated is different, most of the regimes in Central Asia Regional Economic Integration produce a catalytic role, but there is a system, such as the financial system on the Central Asia Regional Economic produce impediment.Finally, according to the results of the study, elaborated on China and Central Asia Regional Economic Cooperation and Countermeasures revelation: China should accelerate the pace of institution building, to avoid missing the system or the system behind the construction of the system and adapt their own development, while coordinated development of various systems in the Central Asia Regional economic Cooperation, the institutional factors into account, institutional factors play a positive role, so as to promote regional economic cooperation between China and Central Asian countries.