The measurement of structural ageing – an axiomatic approach
Michael Cameron
Journal of Population Research, 2023, vol. 40, issue 1, No 1, 22 pages
Abstract:
Abstract The structural ageing of the population is one of the key global trends of the 21st Century. In this paper, we outline four axioms that, along with easy interpretability, we believe should underpin a theoretically valid measure of structural ageing: (1) population size invariance; (2) strong dominance; (3) weak dominance; and (4) age sensitivity. We then present a class of structural ageing indices that satisfy the axioms and are easily interpretable, with root-mean-squared-age (RMSA) as our preferred measure within the class. Using historical and cross-national data from the World Population Prospects, state-level data from the US Census Bureau, and local-authority-level data from New Zealand, we demonstrate that our preferred measure is correlated with conventional measures of structural ageing. Nevertheless, in each case there are large disparities in ranking for some countries, states, or local authorities between the different measures. These ranking disparities could be highly consequential for the allocation of resources, particularly between states or local areas within countries. Our proposed class of measures may help to avoid these disparities due to their axiomatically-consistent nature. Finally, we present considerations for future extensions of this important work, including the development of equivalent measures based on prospective age.
Keywords: Population ageing; Structural ageing; Measurement; Root-mean-squared-age (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://link.springer.com/10.1007/s12546-023-09300-3 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
Working Paper: The measurement of structural ageing - An axiomatic approach (2022) 
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:spr:joprea:v:40:y:2023:i:1:d:10.1007_s12546-023-09300-3
Ordering information: This journal article can be ordered from
https://www.springer ... tudies/journal/12546
DOI: 10.1007/s12546-023-09300-3
Access Statistics for this article
Journal of Population Research is currently edited by Santosh Jatrana, Dharmalingam Arunachalam, Aude Bernard, Vladimir Canudas-Romo, Ann Evans, Michael Haan, Brian Houle, Trude Lappegård and Gordon Carmichael
More articles in Journal of Population Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().