[R] Examples for Markov Chain in Economics

[Serge Rey]

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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