Borgonovi, Francesca (2006) Do public grants to American theatres crowd-out private donations? Public Choice, 126 (3-4). pp. 429-451. ISSN 0048-5829
Full text not available from this repository.Abstract
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.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.springer.com/economics/public+finance/j... |
| Additional Information: | © 2006 Springer Netherlands |
| Divisions: | Social Policy Centre for Analysis of Social Exclusion |
| Subjects: | J Political Science > JF Political institutions (General) |
| Date Deposited: | 30 Jul 2009 13:44 |
| Last Modified: | 11 Dec 2024 23:01 |
| URI: | http://eprints.lse.ac.uk/id/eprint/24589 |
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