A new statistical dynamic analysis of ecological niches for China’s financial centres

Huibin Du, Qiongqiong Xia, Xuan Ma and Lihe Chai

Physica A: Statistical Mechanics and its Applications, 2014, vol. 395, issue C, 476-486

Abstract: This study, undertaken from the perspective of statistical dynamics, proposes the treatment of financial centres as an ecosystem, creates a multidimensional financial centre niche (FC-niche) under given generalised entropy and constraints, and interprets the evolutionary process of an FC-niche with dynamic equations obtained from the maximum generalised entropy principle (MGEP). To solve these dynamic equations, a self-organised feature map (SOM) is designed. Finally, the values and evolutionary rules of FC-niches in China’s 29 major cities are simulated as a case study.

Keywords: FC-niche; MGEP; SOM; Statistical dynamics (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0378437113010388
Full text for ScienceDirect subscribers only. Journal offers the option of making the article available online on Science direct for a fee of $3,000

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:395:y:2014:i:c:p:476-486

DOI: 10.1016/j.physa.2013.10.045

Access Statistics for this article

Physica A: Statistical Mechanics and its Applications is currently edited by K. A. Dawson, J. O. Indekeu, H.E. Stanley and C. Tsallis

More articles in Physica A: Statistical Mechanics and its Applications from Elsevier
Bibliographic data for series maintained by Catherine Liu ().