Overview of the Cohort-Component Method

Stanley K. Smith, Jeff Tayman and David A. Swanson
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Stanley K. Smith: University of Florida, Bureau of Economic and Business Research
Jeff Tayman: University of California-San Diego, Economics Department
David A. Swanson: University of California Riverside, Department of Sociology

Chapter Chapter 3 in A Practitioner's Guide to State and Local Population Projections, 2013, pp 45-50 from Springer

Abstract: Abstract The cohort-component method has a longstanding tradition in demography, having been used for constructing population projections for more than a century. It is widely used because it provides a powerful yet flexible approach to the projection process. It can incorporate many different application techniques, types of data, and assumptions regarding future population change. It can be used at any level of geography, from nations down to states, counties, and subcounty areas. Perhaps most important, it provides projections not only of total population but also of demographic composition and individual components of growth. In this chapter, we describe several basic concepts and definitions and discuss the steps that must be taken when using the cohort-component method to construct state and local population projections.

Keywords: Population Projection; Demographic Composition; Marriage Cohort; Projection Interval; Trend Extrapolation (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ssdmcp:978-94-007-7551-0_3

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DOI: 10.1007/978-94-007-7551-0_3

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