THE IMPACT OF WEALTH AND POVERTY ON GAMBLING EXPENDITURE IN THE UNITED STATES
The gambling expenditure in the United States have been analyzed for the timespan from 1965 to 2016. The effects of income, misery index, electricity consumption, population growth on gambling expenditure were analyzed through an ARDL model. Method that deals well with the autoregressive nature of t...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | Portuguese |
| Published: |
Universidade Federal de Mato Grosso
2019-08-01
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| Series: | Revista de Estudos Sociais |
| Subjects: | |
| Online Access: | http://periodicoscientificos.ufmt.br/ojs/index.php/res/article/view/8171 |
| _version_ | 1818275657342255104 |
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| author | Matheus Belucio José Alberto Fuinhas José Antunes Victor Sá Joana Mota |
| author_facet | Matheus Belucio José Alberto Fuinhas José Antunes Victor Sá Joana Mota |
| author_sort | Matheus Belucio |
| collection | DOAJ |
| description | The gambling expenditure in the United States have been analyzed for the timespan from 1965 to 2016. The effects of income, misery index, electricity consumption, population growth on gambling expenditure were analyzed through an ARDL model. Method that deals well with the autoregressive nature of the phenomenon. The results support that gross domestic product have an impact on gambling expenditure in both the short- and long-run. While the misery index (or its decomposition) only has an effect in the long-run. The consumption of electricity that was used as proxy for new forms of gambling is related to gambling expenses. It suggests that new forms of gambling can be a risk to the gaming industry in long-run. Our results show the economic outlook on the phenomenon of gambling. It presents useful information to public policy makers and the gambling industry. In addition to interacting with the literature of several areas on the phenomenon of gambling. |
| first_indexed | 2024-12-12T22:33:14Z |
| format | Article |
| id | doaj.art-b2b147c4b53e49afa9402c5c1d0be164 |
| institution | Directory Open Access Journal |
| issn | 1519-504X 2358-7024 |
| language | Portuguese |
| last_indexed | 2024-12-12T22:33:14Z |
| publishDate | 2019-08-01 |
| publisher | Universidade Federal de Mato Grosso |
| record_format | Article |
| series | Revista de Estudos Sociais |
| spelling | doaj.art-b2b147c4b53e49afa9402c5c1d0be1642022-12-22T00:09:32ZporUniversidade Federal de Mato GrossoRevista de Estudos Sociais1519-504X2358-70242019-08-01214217419510.19093/res81714433THE IMPACT OF WEALTH AND POVERTY ON GAMBLING EXPENDITURE IN THE UNITED STATESMatheus BelucioJosé Alberto FuinhasJosé AntunesVictor SáJoana MotaThe gambling expenditure in the United States have been analyzed for the timespan from 1965 to 2016. The effects of income, misery index, electricity consumption, population growth on gambling expenditure were analyzed through an ARDL model. Method that deals well with the autoregressive nature of the phenomenon. The results support that gross domestic product have an impact on gambling expenditure in both the short- and long-run. While the misery index (or its decomposition) only has an effect in the long-run. The consumption of electricity that was used as proxy for new forms of gambling is related to gambling expenses. It suggests that new forms of gambling can be a risk to the gaming industry in long-run. Our results show the economic outlook on the phenomenon of gambling. It presents useful information to public policy makers and the gambling industry. In addition to interacting with the literature of several areas on the phenomenon of gambling.http://periodicoscientificos.ufmt.br/ojs/index.php/res/article/view/8171Gambling ExpenditureUnited StatesARDL model |
| spellingShingle | Matheus Belucio José Alberto Fuinhas José Antunes Victor Sá Joana Mota THE IMPACT OF WEALTH AND POVERTY ON GAMBLING EXPENDITURE IN THE UNITED STATES Revista de Estudos Sociais Gambling Expenditure United States ARDL model |
| title | THE IMPACT OF WEALTH AND POVERTY ON GAMBLING EXPENDITURE IN THE UNITED STATES |
| title_full | THE IMPACT OF WEALTH AND POVERTY ON GAMBLING EXPENDITURE IN THE UNITED STATES |
| title_fullStr | THE IMPACT OF WEALTH AND POVERTY ON GAMBLING EXPENDITURE IN THE UNITED STATES |
| title_full_unstemmed | THE IMPACT OF WEALTH AND POVERTY ON GAMBLING EXPENDITURE IN THE UNITED STATES |
| title_short | THE IMPACT OF WEALTH AND POVERTY ON GAMBLING EXPENDITURE IN THE UNITED STATES |
| title_sort | impact of wealth and poverty on gambling expenditure in the united states |
| topic | Gambling Expenditure United States ARDL model |
| url | http://periodicoscientificos.ufmt.br/ojs/index.php/res/article/view/8171 |
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