Markov Chain Analysis for Structural Behaviour and Stability

Analyses the stability and structural behaviour of export and import patterns across multiple countries using a Markov chain modelling framework. Constructs transition probability matrices to quantify changes in trade shares between successive periods, thereby capturing persistence, structural shifts, and inter-country interdependence in trade performance. By iteratively generating expected trade distributions over time, the approach facilitates assessment of stability, long-run equilibrium tendencies, and comparative dynamics in longitudinal trade data, providing a rigorous tool for empirical analysis of export–import behaviour. Methodological foundations follow standard Markov chain theory as described in Gagniuc (2017) .


Reference manual

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install.packages("mcanalysis")

0.1.0 by Dr. Pramit Pandit, 9 months ago


Browse source code at https://github.com/cran/mcanalysis


Authors: Dr. Pramit Pandit [aut, cre] , Mr. Ankit Kumar Singh [aut] , Ms. Anita Sarkar [aut] , Ms. Moumita Paul [aut] , Dr. Bikramjeet Ghose [aut]


Documentation:   PDF Manual  


GPL-3 license



See at CRAN