Analysis of the Relationship Between Casinos and Economic Growth

  • Douglas M. Walker
Part of the Management for Professionals book series (MANAGPROF)


It should be clear that there is uncertainty and disagreement in the literature regarding the economic effects of legalized gambling. While some argue that gambling cannibalizes other industries, gambling advocates disagree. Some papers in the literature analyze particular states during specific years (mostly the early 1990s) but still relatively few studies have attempted a comprehensive analysis of the economic effects of gambling in the United States or in other countries. For an overview, see Eadington (1999) and Clement (2003).


Unit Root Granger Causality Gambling Activity Granger Causality Test Casino Gambling 
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Copyright information

© Springer Science+Business Media New York 2013

Authors and Affiliations

  • Douglas M. Walker
    • 1
  1. 1.Department of Economics & FinanceCollege of CharlestonCharlestonUSA

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