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

Author

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  • Fernando Ramos Palencia

    (Universidad Pablo de Olavide, Sevilla)

Abstract

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 - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, Asociación Española de Historia Económica, vol. 6(02), pages 149-185.
  • Handle: RePEc:ahe:invest:v:06:y:2010:i:02:p:149-185
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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

    Keywords

    State Lotteries; Consumption per capita; Spanish Regional Economic History; Local Spatial autocorrelation;
    All these keywords.

    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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