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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15713 |
来源ID | Working Paper 15713 |
Spatial Competition and Cross-border Shopping: Evidence from State Lotteries | |
Brian G. Knight; Nathan Schiff | |
发表日期 | 2010-01-28 |
出版年 | 2010 |
语种 | 英语 |
摘要 | This paper investigates competition between jurisdictions in the context of cross-border shopping for state lottery tickets. We first develop a simple theoretical model in which consumers choose between state lotteries and face a trade-off between travel costs and the price of a fair gamble, which is declining in the size of the jackpot and the odds of winning. Given this trade-off, the model predicts that per-resident sales should be more responsive to prices in small states with densely populated borders, relative to large states with sparsely populated borders. Our empirical analysis focuses on the multi-state games of Powerball and Mega Millions, and the identification strategy is based upon high-frequency variation in prices due to the rollover feature of lottery jackpots. The empirical results support the predictions of the model. The magnitude of these effects is large, suggesting that states do face competitive pressures from neighboring lotteries, but the effects vary significantly across states. |
主题 | Public Economics ; Taxation ; Subnational Fiscal Issues |
URL | https://www.nber.org/papers/w15713 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573386 |
推荐引用方式 GB/T 7714 | Brian G. Knight,Nathan Schiff. Spatial Competition and Cross-border Shopping: Evidence from State Lotteries. 2010. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15713.pdf(368KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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