Mathematical Problems in Engineering / 2014 / Article / Tab 1

Research Article

Analysis on the Spatial-Temporal Dynamics of Financial Agglomeration with Markov Chain Approach in China

Table 1

Markov transition probability matrix for financial agglomeration at the province level in China.

PeriodsClassInitial distributionL (%)ML (%)MH (%)H (%)Limiting distribution

1993–2011L0.2590.999.010.000.000.1641
ML0.254.4980.4914.610.000.3220
MH0.250.0013.4081.824.780.3560
H0.250.000.0010.9989.010.1579

1993–2002L0.2593.306.700.000.000.1921
ML0.254.5081.1014.400.000.2861
MH0.250.0010.0086.403.600.4119
H0.250.000.0013.5086.500.1099

2003–2011L0.2588.2011.800.000.000.1442
ML0.254.5080.7014.800.000.3780
MH0.250.0017.2076.806.000.3253
H0.250.000.0012.8087.200.1579