[R] Examples for Markov Chain in Economics

Aboubakar Maitournam
Thu, 08 Nov 2001 08:41:59 -0000

Aboubakar Maitournam wrote:

> Serge Rey wrote:
>
> > On Wed, Nov 07, 2001 at 05:07:36PM +0100, Rivera Galicia Luis Felipe
wrote:
> > > Could anyone tell me where can I find some examples of the
applications
> > > to economics of a Markov chain?
> >
> > here are a few applications in the context of regional income
> > convergence:
> >
> > @article{Quah93,
> >    author    = {Danny Quah},
> >    title     = {Galton's fallacy and tests of the convergence
hypothesis},
> >    journal   = {Scandinavian Journal of Economics},
> >    pages     = {427-443},
> >    year      = 1993,
> >    volume    = 95
> > }
> >
> > @article{Quah96,
> >    author    = {Danny T. Quah},
> >    title     = {Empirics for economic growth and convergence},
> >    journal   = {European Economic Review},
> >    pages     = {1353-1375},
> >    year      = 1996,
> >    volume    = 40
> > }
> >
> > @article{Rey01ga,
> >  author={Sergio J. Rey},
> > title={Spatial empirics for regional economic growth and convergence},
> > journal={Geographical Analysis},
> > year={2001},
> > volume={33},
> > number={3},
> > pages={195-214}}
> >
> > --
> > Sergio J. Rey   http://typhoon.sdsu.edu/rey.html
> > GPG fingerprint =  16DB 4934 E0F1 B386 AE81  D379 914C 33E5 F690 95DF
> > emacs "Powerful, but only for those who have more time than
sense."
> >         Stewart Stremler
> >
> >
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> >    Part 1.2Type: application/pgp-signatur
>
> We know the links between time series and markov processes.  I think that
the
> famous book
> of Brockwell Davies "times series, theory and practices" will be
helpful for
> you. In addition there is
> in R packages for times series (ts). But the book of Brockwell Davies is
> implicitely dedicated for Markov chain.
> And sorry because I have not the complete reference of the book (ten years
ago
> I used it).
>
> Aboubakar  Maitournam.