Skip to main content

Bunch Maps

  • Chapter
Econometrics

Part of the book series: The New Palgrave

  • 453 Accesses

Abstract

Bunch maps were developed by Ragnar Frisch (1934) to deal with the problems of confluence analysis. By ‘confluence analysis’ he meant the study of several variables in some sets of which a regression equation might have a meaning, while in others it might not because of the existence of more than one relation between the variables. Frisch’s exposition of bunch maps was based on a situation where each variable in a set could be split into two components: one, the systematic component, was connected with the other variables; the other, the disturbance, was not so connected. The method was used to try to determine sets of variables in which one, and only one, exact linear relation held between the systematic components of the variables. Examples of the use of the method were given for constructed data where exact relations did exist. It is less clear whether they were assumed to exist in examples of applications to actual economic data. The other major applications of bunch maps were in Richard Stone’s work on consumers’ expenditure (Stone, 1945, 1954), but he did not consider an assumption of exact linear relations between systematic components as satisfactory.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 34.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 44.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Bibliography

  • Frisch, R. 1934. Statistical Confluence Analysis by Means of Complete Regression Systems. Oslo: University Institute of Economics.

    Google Scholar 

  • Stone, J.R.N. 1945. The analysis of market demand. Journal of the Royal Statistical Society 108, parts 3 and 4, 286–382.

    Google Scholar 

  • Stone, J.R.N. 1954. The Measurement of Consumers’ Expenditure and Behaviour in the United Kingdom, 1920–1938, Vol. 1, Cambridge: Cambridge University Press.

    Google Scholar 

Download references

Authors

Editor information

John Eatwell Murray Milgate Peter Newman

Copyright information

© 1990 Palgrave Macmillan, a division of Macmillan Publishers Limited

About this chapter

Cite this chapter

Corlett, W. (1990). Bunch Maps. In: Eatwell, J., Milgate, M., Newman, P. (eds) Econometrics. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20570-7_4

Download citation

Publish with us

Policies and ethics