National Lottery participation and expenditure: preliminary results using a two stage modelling approach
AbstractUsing data from the Family Expenditure Survey, this paper analyses participation in, and expenditure on, the UK National Lottery by individuals for the period 1995/1996 to 1999/2000. Probit and truncated Tobit models are employed in a two part estimation. The results highlight the importance of gender, age, education, marital status and occupation in individual participation and expenditure decisions.
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Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Applied Economics Letters.
Volume (Year): 9 (2002)
Issue (Month): 12 ()
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Web page: http://www.tandf.co.uk/journals/routledge/13504851.html
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- Kent Grote & Victor Matheson, 2011. "The Economics of Lotteries: An Annotated Bibliography," Working Papers 1110, College of the Holy Cross, Department of Economics.
- A. Bussu & C. Detotto, 2013. "The effect of socio-economic and emotional factors on gambling behaviour," Working Paper CRENoS 201305, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
- Frank Crowley & John Eakins & Declan Jordan, 2012. "Participation,Expenditure and Regressivity in the Irish Lottery:Evidence from Irish Household Budget Survey 2004/2005," The Economic and Social Review, Economic and Social Studies, vol. 43(2), pages 199â225.
- repec:ebl:ecbull:v:4:y:2007:i:42:p:1-11 is not listed on IDEAS
- Humphreys, Brad & Lee, Yang Seung & Soebbing, Brian, 2009. "Consumer Behaviour in Lotto Markets: The Double Hurdle Approach and Zeros in Gambling Survey Data," Working Papers 2009-27, University of Alberta, Department of Economics.
- Cho-Min Lin & Kung-Cheng Lin, 2007. "The demand for lottery expenditure in Taiwan: a quantile regression approach," Economics Bulletin, AccessEcon, vol. 4(42), pages 1-11.
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