Linkage Projects - Grant ID: LP0667655

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/API/grants/LP0667655

Funding Status
Closed

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Funded Activity Summary

Scanner Data in the Consumer Price Index: How to expand and improve their use. The Consumer Price Index (CPI) is used in a variety of policy contexts, such as setting interest rates and determining the level of welfare payments, as well as by private industry for determining wages. The CPI is aggregate measure of price changes. It is typically constructed using survey data, which is a small sample of all the goods purchased. Electronic recording of sales, using scanned product bar codes, provides a huge amount of price and quantity information that potentially can be used to construct an improved CPI, and hence improved policies. The project includes the collaboration of the Australian Bureau of Statistics and the Central Bureau of Statistics (The Netherlands).

Funded Activity Details

Start Date: 2006

End Date: 12-2010

Funding Scheme: Linkage Projects

Funding Amount: $242,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Econometric And Statistical Methods | Economic Theory | Economic Theory Not Elsewhere Classified | Applied Economics Not Elsewhere Classified

ANZSRC Socio-Economic Objective (SEO)

Measurement standards and calibration services not elsewhere classified | Technological and organisational innovation | Consumption |

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