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The Inside and Outside Revenue Impact of Regional Gambling Taxes in S pain
Author(s) -
Leal Andrés,
LópezLaborda Julio,
Rodrigo Fernando
Publication year - 2014
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/grow.12033
Subject(s) - revenue , unemployment , panel data , affect (linguistics) , economics , tax revenue , demographic economics , estimation , microeconomics , econometrics , public economics , finance , macroeconomics , psychology , management , communication
Using panel data methods, for all the S panish A utonomous C ommunities and for the period 1999–2009, the present study estimates the revenue of the casinos in each A utonomous C ommunity on the basis of four variables of interest related to the taxation of gambling in each C ommunity, the taxation in the neighboring A utonomous C ommunities and the expansion of online gambling, and certain economic and sociodemographic control variables. The estimation performed permits the verification of the hypotheses that the taxation of gaming in a region and the expansion of online gambling negatively affect the revenue accrued by the casinos located in that region, but does not offer evidence that the effect produced by the differences in taxation among neighboring regions is significant. The results obtained also confirm the expected impact on the casinos' revenue of the existence of “type” gamblers (young males, and tourists) and of the economic situation (income and unemployment).