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Implementing 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 7 in A Practitioner's Guide to State and Local Population Projections, 2013, pp 155-183 from Springer

Abstract: Abstract In previous chapters, we discussed a variety of data sources, measurement issues, and projection techniques related to mortality, fertility, and migration, the three components of population change. In this chapter, we describe how to put these components together in a complete projection model. We begin with a discussion of several issues that must be considered when setting up a cohort-component model. Then, we present three step-by-step examples, each based on commonly used computational procedures. These examples illustrate three different approaches to projecting migration, the most difficult component of population growth to forecast accurately for states and local areas. We close with an assessment of the strengths and weaknesses of the cohort-component method.

Keywords: Migration Rate; American Community Survey; Fertility Module; Migration Model; Decennial Census (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_7

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DOI: 10.1007/978-94-007-7551-0_7

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