IDEAS home Printed from https://ideas.repec.org/a/sae/ecdequ/v12y1998i3p214-216.html
   My bibliography  Save this article

Comment on "Legal Gambling as a Strategy for Economic Development"

Author

Listed:
  • Douglas M. Walker

    (Georgia College & State University)

Abstract

Gross's arguments are representative of the gambling literature. Unfortunately, many of the accepted arguments against gambling come from incomplete or biased economic analysis. This comment addresses several issues in Gross's article from an economist's perspective. First, Gross's concern for tax revenues (as a benefit) and tax regressivity (as a problem associated with legalized gambling) is unwarranted. Taxes are simply wealth transfers, and regressivity of voluntary taxes is hardly a reason for concern. Second, Gross and many other noneconomists mistakenly believe that exports are necessary for economic growth to occur Certainly, exports cannot be the only cause of growth, because the world economy has grown without exporting anything. Finally, Gross argues that there is no popular support for legalized gambling. But consumers vote with their dollars, and many "votes" have been cast in favor of legalized gambling.

Suggested Citation

  • Douglas M. Walker, 1998. "Comment on "Legal Gambling as a Strategy for Economic Development"," Economic Development Quarterly, , vol. 12(3), pages 214-216, August.
    • Handle: RePEc:sae:ecdequ:v:12:y:1998:i:3:p:214-216
    DOI: 10.1177/089124249801200302
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/089124249801200302
    Download Restriction: no
    File URL: https://libkey.io/10.1177/089124249801200302?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Roger J. Vaughan, 1988. "Economists and Economic Development," Economic Development Quarterly, , vol. 2(2), pages 119-123, May.
    2. Meir Gross, 1998. "Legal Gambling as a Strategy for Economic Development," Economic Development Quarterly, , vol. 12(3), pages 203-213, August.
    3. Walker, Douglas M. & Jackson, John D., 1998. "New Goods and Economic Growth: Evidence from Legalized Gambling," The Review of Regional Studies, Southern Regional Science Association, vol. 28(2), pages 47-70, Fall.
    4. Georgie D. M. Hyde, 1988. "Economic Development," Palgrave Macmillan Books, in: South Korea, chapter 7, pages 114-167, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Lee, Choong-Ki & Kang, Soo K. & Long, Patrick & Reisinger, Yvette, 2010. "Residents' perceptions of casino impacts: A comparative study," Tourism Management, Elsevier, vol. 31(2), pages 189-201.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gazel, Ricardo & Rickman, Dan S. & Thompson, William N., 2000. "The Sources of Revenues for Wisconsin Native American Casinos: Implications for Casino Gaming as a Regional EconomicDevelopment Tool," The Review of Regional Studies, Southern Regional Science Association, vol. 30(3), pages 259-274, Winter.
    2. Karl Geisler & Mark Nichols, 2016. "Riverboat casino gambling impacts on employment and income in host and surrounding counties," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 56(1), pages 101-123, January.
    3. Matthew Higgins & Daniel Levy & Andrew T. Young, 2003. "Growth and Convergence across the US: Evidence from County-Level Data," Working Papers 2003-03, Bar-Ilan University, Department of Economics.
    4. Haucap, Justus, 2021. "Glücksspielregulierung aus ordnungsökonomischer Perspektive," DICE Ordnungspolitische Perspektiven 110, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    5. Higgins, Matthew J. & Levy, Daniel & Young, Andrew T., 2006. "Growth and Convergence across the United States: Evidence from County-Level Data," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 88(4), pages 671-681.
    6. Michael J. Hicks, 2014. "Do Good Fences Make Good Neighbors? The Cross Border Impact of Casino Entrance," Growth and Change, Wiley Blackwell, vol. 45(1), pages 5-20, March.
    7. Young, Andrew T. & Higgins, Matthew J. & Levy, Daniel, 2013. "Heterogeneous Convergence," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 120(2), pages 238-241.
    8. Douglas M. Walker & John D. Jackson, 2008. "Market‐based “disaster relief”: Katrina and the casino industry," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 35(7), pages 521-530, June.
    9. Walker, Douglas M. & Jackson, John D., 1998. "New Goods and Economic Growth: Evidence from Legalized Gambling," The Review of Regional Studies, Southern Regional Science Association, vol. 28(2), pages 47-70, Fall.
    10. William R. Eadington, 1999. "The Economics of Casino Gambling," Journal of Economic Perspectives, American Economic Association, vol. 13(3), pages 173-192, Summer.
    11. Douglas M. Walker & Peter T. Calcagno, 2013. "Casinos and political corruption in the United States: a Granger causality analysis," Applied Economics, Taylor & Francis Journals, vol. 45(34), pages 4781-4795, December.
    12. María Teresa Álvarez-Martínez & Michael L. Lahr, 2016. "Gaming, States, and Tax Revenues—the Tortoise or the Hare: A CGE Comparative Assessment of Casino Resorts and Games-Only Casinos," Growth and Change, Wiley Blackwell, vol. 47(2), pages 236-258, June.
    13. Lee, Choong-Ki & Kang, Soo K. & Long, Patrick & Reisinger, Yvette, 2010. "Residents' perceptions of casino impacts: A comparative study," Tourism Management, Elsevier, vol. 31(2), pages 189-201.
    14. Granderson, Gerald & Linvill, Carl, 2002. "Regulation, efficiency, and Granger causality," International Journal of Industrial Organization, Elsevier, vol. 20(9), pages 1225-1245, November.
    15. Ray, Margaret, 2001. "How Much on that Doggie at the Window? An Analysis of the Decline in Greyhound Racing Handle," The Review of Regional Studies, Southern Regional Science Association, vol. 31(2), pages 165-176, Fall.
    16. John M. Barron & Michael E. Staten & Stephanie M. Wilshusen, 2002. "The Impact Of Casino Gambling On Personal Bankruptcy Filing Rates," Contemporary Economic Policy, Western Economic Association International, vol. 20(4), pages 440-455, October.
    17. Humphreys, Brad R. & Marchand, Joseph, 2013. "New casinos and local labor markets: Evidence from Canada," Labour Economics, Elsevier, vol. 24(C), pages 151-160.
    18. Siew Hoon Lim & Lei Zhang, 2017. "Does Casino Development Have a Positive Effect on Economic Growth?," Growth and Change, Wiley Blackwell, vol. 48(3), pages 409-434, September.
    19. Mark Nichols & B. Stitt & David Giacopassi, 2002. "Community Assessment of the Effects of Casinos on Quality of Life," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 57(3), pages 229-262, March.
    20. Douglas M. Walker, 2008. "Do Casinos Really Cause Crime?," Econ Journal Watch, Econ Journal Watch, vol. 5(1), pages 4-20, January.

    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:sae:ecdequ:v:12:y:1998:i:3:p:214-216. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.