Table 4 Seasonally Adjusted Aviation Revenue Passenger-Miles per Driving Age 16+ Population Equation Estimation with Unemployment Variable

Table 4 Seasonally Adjusted Aviation Revenue Passenger-Miles per Driving Age 16+ Population Equation Estimation with Unemployment Variable

Dependent Variable: Aviation Revenue Passenger Miles (seasonally adjusted) per Population Driving Age 16+
Method: Least Squares
Sample: January 2000 to June 2003
Included observations: 42

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Variable Coefficient Standard error t-statistic Probability
Income per population age 16+ $0.014 $0.002 $9.171 $0.000
Jet fuel price -$0.195 $0.064 -$3.018 $0.005
Dummy 9/11 -$105.270 $20.604 -$5.109 $0.000
Unemployment -$26.308 $8.148 -$3.229 $0.003
R-squared $0.512         
Adjusted R-squared $0.474         

SOURCE: U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics.