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New insights on the impact of coefficient instability on ratio-correlation population estimates

Author

Listed:
  • Tayman, Jeff

    (University of California San Diego)

  • Swanson, David A.

    (University of California Riverside)

Abstract

In this study we examine the regression-based ratio-correlation method and suggest some new tools for assessing the magnitude and impact of coefficient instability on population estimation errors. We use a robust sample of 904 counties from 11 states and find that: (1) coefficient instability is not a universal source of error in regression models for population estimation and its impact is less than commonly assumed; (2) coefficient instability is not related to bias, but it does decrease precision and increase the allocation error of population estimates; and (3) unstable coefficients have the greatest impact on counties under 20,000 in population size. Our findings suggest that information about the conditions that affect coefficient instability and its impact on estimation error might lead to more targeted and efficient approaches for improving population estimates developed from regression models.

Suggested Citation

  • Tayman, Jeff & Swanson, David A., 2016. "New insights on the impact of coefficient instability on ratio-correlation population estimates," Journal of Economic and Social Measurement, IOS Press, issue 2, pages 121-143.
  • Handle: RePEc:ris:iosjes:0052
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    Cited by:

    1. Jack Baker & David Swanson & Jeff Tayman, 2021. "The Accuracy of Hamilton–Perry Population Projections for Census Tracts in the United States," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 40(6), pages 1341-1354, December.

    More about this item

    Keywords

    Population estimation; ratio-correlation method; coefficient instability;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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