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Azar y fortuna en España: la Lotería Nacional, 1850-2000


  • Fernando Ramos Palencia

    () (Universidad Pablo de Olavide, Sevilla)


This article examines the determinants of the Spanish National Lottery between 1850 and 2000. The sales data are from Gaceta de Madrid (1850-1920), Cuentas de Tesoreros (Sección de Hacienda) of Administración General Estado Archive (1939-1955) and the Annual Reports from LAE (1985-2000). The results provide a detailed examination of the socioeconomic and demographic characteristics of lottery players –income, educational levels, urbanisation, number of lottery retail outlets in the province, age and religion- that historically determine lottery ticket purchases in Spain. This study uses standard OLS estimation and models that account spatial dependence between a province and its neighbors. KEY Classification-JEL: L83, N34, C23

Suggested Citation

  • Fernando Ramos Palencia, 2010. "Azar y fortuna en España: la Lotería Nacional, 1850-2000," Investigaciones de Historia Económica (IHE) Journal of the Spanish Economic History Association, Asociacion Espa–ola de Historia Economica, vol. 6(02), pages 149-185.
  • Handle: RePEc:ahe:invest:v:06:y:2010:i:02:p:149-185

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    References listed on IDEAS

    1. Becker, Gary S, 1988. "Family Economics and Macro Behavior," American Economic Review, American Economic Association, vol. 78(1), pages 1-13, March.
    2. Samuel Bowles & Herbert Gintis, 2002. "The Inheritance of Inequality," Journal of Economic Perspectives, American Economic Association, vol. 16(3), pages 3-30, Summer.
    3. Solon, Gary, 1999. "Intergenerational mobility in the labor market," Handbook of Labor Economics,in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 29, pages 1761-1800 Elsevier.
    4. Clark, Gregory & Hamilton, Gillian, 2006. "Survival of the Richest: The Malthusian Mechanism in Pre-Industrial England," The Journal of Economic History, Cambridge University Press, vol. 66(03), pages 707-736, September.
    5. Gary S. Becker & Nigel Tomes, 1994. "Human Capital and the Rise and Fall of Families," NBER Chapters,in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 257-298 National Bureau of Economic Research, Inc.
    6. E.A. Wasson, 1998. "The Penetration of New Wealth into the English Governing Class from the Middle Ages to the First World War," Economic History Review, Economic History Society, vol. 51(1), pages 25-48, February.
    7. Clark, Gregory, 2008. "In defense of the Malthusian interpretation of history," European Review of Economic History, Cambridge University Press, vol. 12(02), pages 175-199, August.
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    Cited by:

    1. Kent Grote & Victor Matheson, 2011. "The Economics of Lotteries: An Annotated Bibliography," Working Papers 1110, College of the Holy Cross, Department of Economics.

    More about this item


    State Lotteries; Consumption per capita; Spanish Regional Economic History; Local Spatial autocorrelation;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models


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