Research Article
Lottery Sales and Geographical Income Level Differences: Empirical Tests Based on Provincial Panel Data
@INPROCEEDINGS{10.4108/eai.24-5-2024.2350077, author={Wenyu Yang and Ruwei Ji and Rong Pan}, title={Lottery Sales and Geographical Income Level Differences: Empirical Tests Based on Provincial Panel Data}, proceedings={Proceedings of the 3rd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2024, May 24--26, 2024, Jinan, China}, publisher={EAI}, proceedings_a={MSEA}, year={2024}, month={10}, keywords={fixed effect model; two stage least square; panel data; per capita income; lottery sales}, doi={10.4108/eai.24-5-2024.2350077} }- Wenyu Yang
Ruwei Ji
Rong Pan
Year: 2024
Lottery Sales and Geographical Income Level Differences: Empirical Tests Based on Provincial Panel Data
MSEA
EAI
DOI: 10.4108/eai.24-5-2024.2350077
Abstract
With the continuous development of China's economy, residents' income has improved significantly, consumption has gradually upgraded, and residents' income and lottery sales show a correlation, and then analyze whether the relationship between residents' income and lottery sales is affected by geographical differences. This paper analyzes that the per capita disposable income of all residents has a significant negative impact on lottery sales, and the impact of per capita disposable income of all residents on lottery sales has significant geographical differences. Based on this, this paper analyzes the fixed effects model and two stage least square of lottery sales and per capita disposable income of all residents in 31 provinces of China from 2012 to 2020, exploring the impact of income heterogeneity on lottery sales.