Evaluation of Alternative Cohort-Component Models for Local Area Population Forecasts

Evaluation of Alternative Cohort-Component Models for Local Area Population Forecasts It is generally accepted by demographers that cohort-component projection models which incorporate directional migration are conceptually preferable to those using net migration. Yet net migration cohort-component models, and other simplified variations, remain in common use by both academics and practitioners because of their simplicity and low data requirements. While many arguments have been presented in favour of using one or other type of model, surprisingly little analysis has been undertaken to assess which tend to give the most accurate forecasts. This paper evaluates five cohort-component models which differ in the way they handle migration, four of which are well known, with one—a composite net migration model—being proposed here for the first time. The paper evaluates the performance of these five models in their unconstrained form, and then in a constrained form in which age–sex-specific forecasts are constrained to independent total populations from an extrapolative model shown to produce accurate forecasts in earlier research. Retrospective forecasts for 67 local government areas of New South Wales were produced for the period 1991–2011 and then compared to population estimates. Assessments of both total and age-specific population forecasts were made. The results demonstrate the superior performance of the forecasts constrained to total populations from the extrapolative model, with the constrained bi-regional model giving the lowest errors. The findings should be of use to practitioners in selecting appropriate models for local area population forecasts. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Population Research and Policy Review Springer Journals

Evaluation of Alternative Cohort-Component Models for Local Area Population Forecasts

Loading next page...
Springer Netherlands
Copyright © 2015 by Springer Science+Business Media Dordrecht
Social Sciences; Demography; Sociology, general; Population Economics
Publisher site
See Article on Publisher Site


You’re reading a free preview. Subscribe to read the entire article.

DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

Monthly Plan

  • Read unlimited articles
  • Personalized recommendations
  • No expiration
  • Print 20 pages per month
  • 20% off on PDF purchases
  • Organize your research
  • Get updates on your journals and topic searches


Start Free Trial

14-day Free Trial

Best Deal — 39% off

Annual Plan

  • All the features of the Professional Plan, but for 39% off!
  • Billed annually
  • No expiration
  • For the normal price of 10 articles elsewhere, you get one full year of unlimited access to articles.



billed annually
Start Free Trial

14-day Free Trial