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The Independence Transformation: A Review and Some Further Explorations

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Part of the Advanced Studies in Theoretical and Applied Econometrics book series (ASTA, volume 25)

Abstract

The objective of this chapter is to discuss the relationship between the technique of principal components, first applied to economic data in the pioneering paper by Stone (1947), and the analysis of consumer demand.

Keywords

Marginal Utility Income Elasticity Composition Matrix Demand Equation Budget Share 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Note added in proof

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Copyright information

© Springer Science+Business Media Dordrecht 1992

Authors and Affiliations

  1. 1.University of ChicagoChicagoUSA

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