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A METHOD FOR DISAGGREGATE HOUSEHOLD FORECASTS
Author(s) -
HÅRSMAN BJÖRN,
SNICKARS FOLKE
Publication year - 1983
Publication title -
tijdschrift voor economische en sociale geografie
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.766
H-Index - 55
eISSN - 1467-9663
pISSN - 0040-747X
DOI - 10.1111/j.1467-9663.1983.tb00975.x
Subject(s) - term (time) , econometrics , population , distribution (mathematics) , relation (database) , econometric model , economics , computer science , mathematics , demography , data mining , mathematical analysis , physics , quantum mechanics , sociology
A method for making household forecasts is proposed "which yields both the total number of households and the number present in any predetermined subgroup of households. The method presupposes that incomplete information is available on the transitions of persons between various age and household categories over a period of time. The forecasting method is capable of spelling out the consequences for the prognoses of adding different amounts of external information to the computations. Such information may include population forecasts by age and sex, trend-based information like restrictions on the size distribution of households, econometric relations between household formation and incomes, etc." The forecasting method is described in theoretical terms. "This description includes the use of information-theoretic arguments to adjust the forecast to external data. The theoretical development is illustrated by an application of the method to data for the Stockholm region [of Sweden]. In relation to this application an outline is given of the use of the methodology for long-term projections."