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Three empirical essays on state lott...
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Stivender, Carol Ogden.
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Three empirical essays on state lotteries.
紀錄類型:
書目-語言資料,印刷品 : Monograph/item
正題名/作者:
Three empirical essays on state lotteries./
作者:
Stivender, Carol Ogden.
面頁冊數:
128 p.
附註:
Source: Dissertation Abstracts International, Volume: 72-04, Section: A, page: 1431.
Contained By:
Dissertation Abstracts International72-04A.
標題:
Education, Finance. -
電子資源:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3445886
ISBN:
9781124495200
Three empirical essays on state lotteries.
Stivender, Carol Ogden.
Three empirical essays on state lotteries.
- 128 p.
Source: Dissertation Abstracts International, Volume: 72-04, Section: A, page: 1431.
Thesis (Ph.D.)--The University of North Carolina at Charlotte, 2010.
This dissertation examines three issues related to state lotteries. The first essay focuses on racial gaps in participation and spending by estimating probabilities of participation and spending conditional on play. Censored Tobit and a two-tier model pairing probit with OLS is utilized. The estimated probability for white respondents is about 8.9 percentage points higher than for black respondents, and black respondents outspend white respondents by nearly 130 percent, ceteris paribus. Gaps in outcomes were decomposed into portions due to differences in characteristics and marginal effects of those characteristics. About 74 percent of the probability gap is due to differences in mean characteristics, while the gap in spending is due mostly to differences in coefficients. The second essay explores the impact of state earmarking of net lottery revenues to education. Using state level panel data for thirty seven states over a twenty year period, a fixed effects model estimates lottery sales in states without education earmarking and states that partially earmark for education to be about 25 percent and 17 percent lower, respectively, than sales in states that earmark 100 percent to education, holding all other determinants constant. In the third essay, county level cross-sectional data from 2008 is used to identify the determinants of lottery outlet location. Results suggest that lottery outlet location is positively correlated with education, proportion of minority residents and income, perhaps refuting the notion that lottery outlets are strategically placed in lower income neighborhoods. As this is one of the first empirical studies of outlet location, this essay offers suggestions for further research in this area.
ISBN: 9781124495200Subjects--Topical Terms:
1020300
Education, Finance.
Three empirical essays on state lotteries.
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This dissertation examines three issues related to state lotteries. The first essay focuses on racial gaps in participation and spending by estimating probabilities of participation and spending conditional on play. Censored Tobit and a two-tier model pairing probit with OLS is utilized. The estimated probability for white respondents is about 8.9 percentage points higher than for black respondents, and black respondents outspend white respondents by nearly 130 percent, ceteris paribus. Gaps in outcomes were decomposed into portions due to differences in characteristics and marginal effects of those characteristics. About 74 percent of the probability gap is due to differences in mean characteristics, while the gap in spending is due mostly to differences in coefficients. The second essay explores the impact of state earmarking of net lottery revenues to education. Using state level panel data for thirty seven states over a twenty year period, a fixed effects model estimates lottery sales in states without education earmarking and states that partially earmark for education to be about 25 percent and 17 percent lower, respectively, than sales in states that earmark 100 percent to education, holding all other determinants constant. In the third essay, county level cross-sectional data from 2008 is used to identify the determinants of lottery outlet location. Results suggest that lottery outlet location is positively correlated with education, proportion of minority residents and income, perhaps refuting the notion that lottery outlets are strategically placed in lower income neighborhoods. As this is one of the first empirical studies of outlet location, this essay offers suggestions for further research in this area.
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