JSM 2005 Online Program

Abstract #302968

This is the preliminary program for the 2005 Joint Statistical Meetings in Minneapolis, Minnesota. Currently included in this program is the "technical" program, schedule of invited, topic contributed, regular contributed and poster sessions; Continuing Education courses (August 7-10, 2005); and Committee and Business Meetings. This on-line program will be updated frequently to reflect the most current revisions.

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Activity Number:	126
Type:	Topic Contributed
Date/Time:	Monday, August 8, 2005 : 10:30 AM to 12:20 PM
Sponsor:	Section on Government Statistics
Abstract - #302968
Title:	The Air Travel Price Index: Take-off and Flight Path
Author(s):	Steven Anderson*+ and Janice Lent
Companies:	U.S. Department of Transportation and U.S. Department of Transportation
Address:	Research & Innovative Technology Administration, Washington, DC, 20590,
Keywords:	Fisher index ; sampling error ; seasonal adjustment
Abstract:	In April 2004, the Bureau of Transportation Statistics (BTS) began publishing a new quarterly price index for passenger air travel based on the Fisher price index formula. The Air Travel Price Index (ATPI), now being produced as an experimental series, tracks the quarterly movements of airfares for the nation as well as for 85 specific city-level markets. BTS plans several enhancements to the ATPI in the near future, including the computation of sampling error estimates, seasonal adjustment, and an expanded set of market-level series. BTS also is working to modernize its Passenger Origin and Destination Survey, through which it collects airfare data for the ATPI. In this paper, we describe the current ATPI estimation process, discuss the intended benefits of the planned enhancements, and present preliminary research results.

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