A discrete-time hazard model of lottery adoption |
| |
| Authors: | Steven B. Caudill Jon M. Ford Franklin G. Mixon Jr. Ter Choa Peng |
| |
| Affiliation: | 1. Department of Economics , Auburn University;2. Deaprtment of Economics , Florida Atlantic University;3. Department of Economics , University of Southern Mississippi;4. Department of Economics , Feng Chia University |
| |
| Abstract: | This paper uses conventional logit probablitities to estimate a discrete-time hazard model of lottery adoption. The data set consists of a time-series of cross-sections on states in the US. Our findings suggests that politicians are more likely to support the decision. A lottery is more likely to be adopted of ther is a favourable climate for gambling in the state and if a bordering state has adopted a lottery. |
| |
| Keywords: | |
|
