Do grants to charities crowd out other income? Evidence from the UK
Do grants to charities crowd out other income? Evidence from the UK
复制标题
慈善机构的赠款是否会挤占其他收入?
DOI:
10.1016/j.jpubeco.2013.10.005
复制
发表时间:
2014
影响因子:
9.8
通讯作者:
Andreoni J
中科院分区:
文献类型:
--
作者:
Andreoni J
We use a novel identification strategy to shed light on the effect of grant funding. We focus on charities that applied to a UK lottery grant programme. Where charities score the same on formal criteria, it is likely that informal criteria orthogonal to quality are used to break the ties, allowing us plausibly to treat a grant as a random event. We find evidence that grants have a positive impact for smaller charities, increasing their longevity and even crowding in other income.