Faculty Sponsor(s)
Jeff Summers
Location
Jereld R. Nicholson Library: Grand Avenue
Subject Area
Economics
Description
Understanding the determinants of Oregon lottery sales is important, as lottery revenues fund a variety of government programs. Our research uses Oregon county-level per capita income data collected from the Bureau of Economic Analysis, and county-level demographic data collected from GeoFred, the Bureau of Economic Analysis, and Portland State Population Demographics to estimate how economic and demographic factors impact lottery sales in Oregon. The results indicate that the income elasticity of demand for the Oregon lottery is 1, implying that lottery sales represent a constant share of Oregonians’ incomes. Additionally, we find that lottery sales vary as a function of gender, age, and education levels.
Recommended Citation
Walker, Chase and Arthur, Peter, "The Economic and Demographic Determinants of Oregon Lottery Sales" (2018). Linfield University Student Symposium: A Celebration of Scholarship and Creative Achievement. Event. Submission 16.
https://digitalcommons.linfield.edu/symposium/2018/all/16
The Economic and Demographic Determinants of Oregon Lottery Sales
Jereld R. Nicholson Library: Grand Avenue
Understanding the determinants of Oregon lottery sales is important, as lottery revenues fund a variety of government programs. Our research uses Oregon county-level per capita income data collected from the Bureau of Economic Analysis, and county-level demographic data collected from GeoFred, the Bureau of Economic Analysis, and Portland State Population Demographics to estimate how economic and demographic factors impact lottery sales in Oregon. The results indicate that the income elasticity of demand for the Oregon lottery is 1, implying that lottery sales represent a constant share of Oregonians’ incomes. Additionally, we find that lottery sales vary as a function of gender, age, and education levels.