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In late 2008 and early 2009 the Australian Federal Government introduced a series of economic stimulus packages designed to maintain consumer spending in the early days of the Great Recession. When these packages were initiated the media suggested that the wide-spread availability of electronic...
Persistent link: https://www.econbiz.de/10010903396
Using monthly data covering 1991 to 2003 for the five casinos located in the St. Louis, Missouri, metropolitan area, the authors examine how the return to gaming, as measured by the payout rate on electronic gaming devices, changes as new firms enter the market. The clear timing of the new...
Persistent link: https://www.econbiz.de/10010769718
Casino gambling is a heavily-regulated consumer service available to the public, with state oversight of a variety of business functions, including the “pricing” of slot machines via mandated minimum hold percentages. But states typically define minimum slot-hold percentages that are well...
Persistent link: https://www.econbiz.de/10011050061
We develop and apply a procedure to flexibly estimate intra-national border barriers and intra-regional trade costs. Bilateral border barriers very significantly depress Canadian inter-provincial trade for some pairs, though the overall effect is rather small. Bilateral distance imposes much...
Persistent link: https://www.econbiz.de/10010992337
Much of the world's agricultural productivity growth over the past fifty years has been attributed to the international spillover of benefits from research and develop- ment (Alston, 2002). Because the impact of these spillovers often varies with distance, geography, and climate, attention has...
Persistent link: https://www.econbiz.de/10010916407
There is a well-established literature on border effects covering trade between regions separated by a land border; however that literature has not so far considered the case of regions separated by a sea border. Whilst the former is typically studied as a political border that affects adjacent...
Persistent link: https://www.econbiz.de/10010956055
Studies of spatial policy interdependence in (local) public policies usually concentrate on the relations between jurisdictions within a single analysed region, and disregard possible extra-regional effects. However, the theoretical spatial statistics literature shows that biased estimates might...
Persistent link: https://www.econbiz.de/10010956223
Using the border effect approach, our paper examines the influence of the legal framework quality of the Central and Eastern European countries on international trade. This approach offers an evaluation of the borders? impact on trade. A market is fragmented when actual trade differs from the...
Persistent link: https://www.econbiz.de/10010957408
We use consumer price data for 81 European cities (in Germany, Austria, Finland, Italy, Spain, Portugal and Switzerland) to study the impact of the introduction of the euro on goods market integration. Employing both aggregated and disaggregated consumer price index (CPI) data we confirm...
Persistent link: https://www.econbiz.de/10010958499
We build a unique industry-level panel data set to estimate border effects with respect to U.S.-Canada trade for each year from 1992 to 2005. Estimates from data aggregated at the province/state level yield border effects in the early 1990s that increase slightly and then decline after the...
Persistent link: https://www.econbiz.de/10010928938