On the Evolution Rule for Regional Industrial Structure Based on the Stochastic Process Theory

Wenzhong DU, Shengda TANG

Abstract


This paper studied the regional industrial structure evolution rules by the theory of stochastic process. The regional industrial structure changes depend on market demands, technological progress and production factors flow, policy value orientation and other factors which are random variables (RVs). Regional industrial structure evolves as a stochastic process and this process is influenced by the market demand, technological progress and production factors flow, the policy value orientation and other RVs.
Key words: Regional industrial structure; Evolution rule; Stochastic process

Keywords


Regional industrial structure; Evolution rule; Stochastic process



DOI: http://dx.doi.org/10.3968%2Fj.mse.1913035X20110503.2z556

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