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Modelling regional lottery sales : methodological issues and a case study from Spain

Baker, RD, Forrest, DK and Perez, L 2015, 'Modelling regional lottery sales : methodological issues and a case study from Spain' , Papers in Regional Science, 95 (S1) , S127-S142.

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Sales are modelled for 50 Spanish provinces over 522 draws of a high prize lotto game.Acrossed random effects model allows for random shocks specific to particular draws and to particular provinces. The paper explores how demographic and socio-economic factors influence sales volumes, with particular focus on the relationship between sales and real per capita income at different jackpot sizes. When jackpots are low, sales are shown to rise with the level of provincial incomes. But this relationship disappears or is reversed when rollovers raise the jackpot because sales in poorer provinces are markedly more responsive to jackpot size

Item Type: Article
Themes: Health and Wellbeing
Schools: Schools > Salford Business School > Business and Management Research Centre
Journal or Publication Title: Papers in Regional Science
Publisher: Wiley
Refereed: Yes
ISSN: 1056-8190
Related URLs:
Funders: Sociedad Estatal LoterĂ­as y Apuestas del Estado.
Depositing User: Prof Rose Dawn Baker
Date Deposited: 04 Feb 2015 18:44
Last Modified: 29 Apr 2016 08:51

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