IDEAS home Printed from https://ideas.repec.org/a/bpj/bejeap/vtopics.4y2004i1n27.html
   My bibliography  Save this article

An Empirical Analysis of Gambling Addiction: Results from the Case of Taiwan

Author

Listed:
  • Chang Wen-Chun

    () (National Taipei University)

Abstract

This study analyzes gambling addiction in Taiwan by using lottery data from 1978 to 1984. Two main conclusions can be drawn from the empirical evidence of this study. First, lottery play is strongly addictive in Taiwan, and the results are consistent with the theory of rational addiction. Second, the estimated short-run and long-run price elasticities are -0.136, and -1.463, respectively. Because consumers are very likely rational, the concerns of public policy toward gambling should focus on the negative externalities rather than on its addictive nature.

Suggested Citation

  • Chang Wen-Chun, 2004. "An Empirical Analysis of Gambling Addiction: Results from the Case of Taiwan," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 4(1), pages 1-17, October.
  • Handle: RePEc:bpj:bejeap:v:topics.4:y:2004:i:1:n:27
    as

    Download full text from publisher

    File URL: https://www.degruyter.com/view/j/bejeap.2004.4.issue-1/bejeap.2004.4.1.1269/bejeap.2004.4.1.1269.xml?format=INT
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:bejeap:v:topics.4:y:2004:i:1:n:27. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla). General contact details of provider: https://www.degruyter.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.