Do grants to charities crowd out other income? Evidence from the UK

• 成果类型: Article
• 署名作者: Andreoni, James; Payne, Abigail; Smith, Sarah
• 署名单位: University of California System; University of California San Diego; McMaster University; University of Bristol
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2013.10.005
• 发表日期: 2014
• 页码: 75-86
• 关键词: Charities; Crowd Out; grants; Seed funding

摘要

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. (C) 2013 Elsevier B.V. All rights reserved.