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mcanalysis  

Markov Chain Analysis for Structural Behaviour and Stability
View on CRAN: Click here


Download and install mcanalysis package within the R console
Install from CRAN:
install.packages("mcanalysis")

Install from Github:
library("remotes")
install_github("cran/mcanalysis")

Install by package version:
library("remotes")
install_version("mcanalysis", "0.1.0")



Attach the package and use:
library("mcanalysis")
Maintained by
Dr. Pramit Pandit
[Scholar Profile | Author Map]
All associated links for this package
First Published: 2026-01-15
Latest Update: 2026-01-15
Description:
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) <Doi:10.1002/9781119387596>.
How to cite:
Dr. Pramit Pandit (2026). mcanalysis: Markov Chain Analysis for Structural Behaviour and Stability. R package version 0.1.0, https://cran.r-project.org/web/packages/mcanalysis. Accessed 24 Oct. 2026.
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