Unofficial Development Assistance: A Model of Development Charities’ Donation Income
研究发展慈善机构捐赠收入的决定因素,发现筹款效应显著、家庭收入弹性为单位弹性,公共发展支出会挤入私人捐赠,且筹款活动存在正向溢出效应。
Abstract The empirical literature on the determinants of charities’ donation income, distinguishing the charitable cause, is small. We consider the case of development charities specifically. Using a panel covering a quarter of a century, we observe a strong fundraising effect and a unitary household income elasticity. We find evidence that the conventionally identified ‘price’ effect may simply be the product of omitted variable bias. Our results further suggest that public spending on development crowds in private donations for development. We find a positive spillover effect of fundraising, suggesting the efforts of one development charity may increase contributions to other development charities.