Abstract
PurposeThe purpose of this paper is to examine the effect the rebuilding of the casino industry has had on the recovery efforts from Katrina.Design/methodology/approachThe paper uses quarterly data from four states affected by Katrina, and a simple OLS model to test the effect the casino industry has had on personal income in the states.FindingsThe paper finds that the casino industry has had a statistically significant positive impact on the economic recovery in casino states relative to non‐casino states.Research limitations/implicationsThe paper examines a relatively short term. Other research has suggested that the long‐run effects of casinos are less certain. As more data become available, the model could be re‐tested.Practical implicationsThese results support previous evidence on a short‐run economic stimulus effect from casinos.Originality/valueThe paper extends previous work on the Katrina recovery by including more data, including a control sample of states without casinos, and weighting the income and revenue data.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
