The U.S. population is expected to undergo significant shifts in its demographic and socioeconomic makeup. The authors present a series of methods for estimating the impact of these shifts on product demand. In addition, two new methods for pooling time-series and cross-sectional data are presented. One method combines disaggregate cross sectional data with aggregate time-series data and the second method involves a differential scheme for pooling cross sections for each variable in the model.
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