Publicação
Lottery sales and per-capita GDP : an Inverted U relationship
| dc.contributor.author | Kaiseler, Maria João | |
| dc.contributor.author | Faustino, Horácio C. | |
| dc.date.accessioned | 2010-11-15T12:23:02Z | |
| dc.date.available | 2010-11-15T12:23:02Z | |
| dc.date.issued | 2008 | |
| dc.description.abstract | The main purpose of this study is to test the hypothesis that the relationship between per-capita sales and per-capita GDP is given by an inverted U. The paper considers that lottery sales increase together with increases in GDP up to a point where a country has reached a level at which the GDP is high enough and lottery sales become an inferior good and as a result, start to decrease. As there are other determinants of the expenditure on lottery products, the paper introduces into the regression analysis other explanatory factors as control variables. The paper uses a cross-country regression, using 2004 data for 80 countries. The results confirm the hypothesis, in addition to yielding other interesting findings: countries with higher levels of education sell fewer lottery products; lottery sales increase together with increases in the male to female ratio. | por |
| dc.identifier.citation | Kaiseler, Maria João e Horácio C. Faustino. 2008. "Lottery sales and per-capita GDP : an Inverted U relationship". Instituto Superior de Economia e Gestão - DE Working papers nº 41-2008/DE/SOCIUS | por |
| dc.identifier.issn | 0874-4548 | |
| dc.identifier.uri | http://hdl.handle.net/10400.5/2474 | |
| dc.language.iso | eng | por |
| dc.publisher | ISEG – Departamento de Economia | por |
| dc.relation.ispartofseries | DE/Working papers nº 41-2008/DE/SOCIUS | |
| dc.relation.publisherversion | https://aquila1.iseg.utl.pt/aquila/getFile.do?method=getFile&fileId=26542 | por |
| dc.subject | Gambling | por |
| dc.subject | Per-Capita GDP | por |
| dc.subject | Gender Ratio | por |
| dc.subject | Religion | por |
| dc.subject | Education | por |
| dc.title | Lottery sales and per-capita GDP : an Inverted U relationship | por |
| dc.type | working paper | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | por |
| rcaap.type | workingPaper | por |