An assessment of the accuracy of a regional economic-demographic projection model.
A large number of regional economic-demographic projection models have been developed but their accuracy has seldom been evaluated. This article examines the accuracy of one such model in projecting total populations for 1980, using 1970 base data, for 106 counties and 553 places in two states. Comparisons of the model's projections to 1980 Census counts reveal mean percentage absolute differences of 10 percent for counties and 14 percent for places. In addition, the model's accuracy was comparable to that for alternative projection systems. When projections for places of less than 1,000 are excluded, differences are substantially reduced. Economic-demographic models appear to be quite useful and deserve further attention.
D003710:Demography; D004467:Economics / Q000639:trends*; D005544:Forecasting; D006801:Humans; D008962:Models, Theoretical; D011158:Population Growth; D014481:United States