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We address two questions: (1) Does legalized gambling spur economic growth? and, if so, (2) Does economic growth depend on "exports?" After developing a method of applying Granger causality to panel data, we analyze the casino gambling and greyhound racing industries. Empirical results suggest...
Persistent link: https://www.econbiz.de/10010774327
This paper discusses the recent study by Grinols and Mustard (2006), which examines the relationship between casinos and county-level crime in the U.S. The authors conclude that casinos cause a significant amount of crime. However, there are a number of problems with their analysis. The most...
Persistent link: https://www.econbiz.de/10008484256
In their reply to my comment (Walker 2008) Grinols and Mustard explained that in their original study (2006) their interest was “in the costs to the host county associated with a change in crime from whatever source†(Grinols and Mustard 2008, p. 22). In this rejoinder, I explain that...
Persistent link: https://www.econbiz.de/10008484381
When it comes to gambling taxes, house rules apply. State governments have the prerogative to decide whether to allow lotteries or casinos to operate in their states. This chapter explores the expansion of legal gambling in the United States, focusing on the taxes states get from lotteries and...
Persistent link: https://www.econbiz.de/10012919953