Borgonovi, Francesca (2006) Do public grants to American theatres crowd-out private donations? Public choice, 126 (3-4). pp. 429-451. ISSN 0048-5829
This paper examines the relationship between public support and private donations by disaggregating the crowding effect into two components; one determined by level of public support and one determined by changes in public support levels. The analysis of a panel of American non-profit theatres shows that the crowding effect induced by the level of public support takes an inverted U shape: at low levels public support crowds-in private donations while at higher levels it displaces them. The change in total public support in the past year produces a constant crowding-in effect on the level of private donations. The paper finally illustrates how federal and state support have a crowding-in effect at all levels, while local support has a similar impact to total public support.
|Additional Information:||© 2006 Springer Netherlands|
|Library of Congress subject classification:||J Political Science > JF Political institutions (General)|
|Sets:||Departments > Social Policy
Research centres and groups > Centre for Analysis of Social Exclusion (CASE)
Actions (login required)
|Record administration - authorised staff only|