An Expert-Based Framework for Probabilistic National Population Projections: The Example of Austria
Wolfgang Lutz () and
Sergei Scherbov ()
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Wolfgang Lutz: Applied Systems Analysis (IIASA)
Sergei Scherbov: University of Groningen
European Journal of Population, 1998, vol. 14, issue 1, No 1, 17 pages
Abstract:
Abstract The traditional way of dealing with uncertainty in population projections through high and low variants is unsatisfactory because it remains unclear what range of uncertainty these alternative paths are assumed to cover. But probabilistic approaches have not yet found their way into official population projections. This paper proposes an expert-based probabilistic approach that seems to meet important criteria for successful application to national and international projections: 1) it provides significant advantages to current practice, 2) it presents an evolution of current practice rather than a discontinuity, 3) it is scientifically sound, and 4) it is applicable to all countries. In a recent Nature article (Lutz et al., 1997) this method was applied to 13 world regions. This paper discusses the applicability to national projections by directly taking the alternative assumptions defined by the Austrian Statistical Office. Sensitivity analyses that resolve some methodological questions about the approach are also presented.
Keywords: Sensitivity Analysis; Current Practice; Public Finance; Important Criterion; Probabilistic Approach (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eurpop:v:14:y:1998:i:1:d:10.1023_a:1006040321755
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DOI: 10.1023/A:1006040321755
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