The income elasticity of lottery revisited: a worldwide perspective
نویسندگان
چکیده
Using panel data information from The WLA Global Lottery Data Compendium this paper estimates aggregate demand functions for lottery tickets in order to examine variation the income elasticity of worldwide. analysis uses a quantile regression approach. estimated elasticities are compared across quartiles and world regions. results provide evidence that significant both geographic areas distribution exists. Also, clear heterogeneity incidence expenditures is observed. Overall, it found normal good.
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ژورنال
عنوان ژورنال: Economics and Business Letters
سال: 2021
ISSN: ['2254-4380']
DOI: https://doi.org/10.17811/ebl.10.4.2021.403-407