The marketisation of charities in England and Wales
The marketisation of charities in England and Wales
Much has been written about the reasons for and impact of marketisation on charities, their clients, and wider civil society. A central component of the marketisation thesis is that charities are substituting grants and donations with commercial revenue. However, there is no consensus in the existing literature as to whether the two sources of revenue are substitutes or complementary. This paper shows that between 2003 and 2007 there was a significant increase in the proportion of overall revenue attracted from commercial sources by charities in England and Wales. Using our preferred generalised method of moments estimation model we show that the annual persistence of commercial revenue overtime was 44 %. In particular, a +10 % change in grants and donations was associated with a ?3.1 % change in commercial revenue.
charities, crowding out, marketisation, models with panel data, nonprofit, revenue mix, substitution effect
336-354
McKay, Stephen
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Moro, Domenico
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Teasdale, Simon
45821573-fc65-46c8-ac53-d5896c6d379d
Clifford, David
9686f96b-3d0c-48d2-a694-00c87b536fde
February 2015
McKay, Stephen
86cabc51-03a3-492e-a07a-33905bded19a
Moro, Domenico
f82d5b16-cc00-4c1a-8c0b-9ecf76be35ea
Teasdale, Simon
45821573-fc65-46c8-ac53-d5896c6d379d
Clifford, David
9686f96b-3d0c-48d2-a694-00c87b536fde
McKay, Stephen, Moro, Domenico, Teasdale, Simon and Clifford, David
(2015)
The marketisation of charities in England and Wales.
Voluntas: International Journal of Voluntary and Nonprofit Organizations, 26 (1), .
(doi:10.1007/s11266-013-9417-y).
Abstract
Much has been written about the reasons for and impact of marketisation on charities, their clients, and wider civil society. A central component of the marketisation thesis is that charities are substituting grants and donations with commercial revenue. However, there is no consensus in the existing literature as to whether the two sources of revenue are substitutes or complementary. This paper shows that between 2003 and 2007 there was a significant increase in the proportion of overall revenue attracted from commercial sources by charities in England and Wales. Using our preferred generalised method of moments estimation model we show that the annual persistence of commercial revenue overtime was 44 %. In particular, a +10 % change in grants and donations was associated with a ?3.1 % change in commercial revenue.
Text
Voluntas Anon revised_changes accepted.docx
- Accepted Manuscript
More information
Accepted/In Press date: 30 August 2013
e-pub ahead of print date: 7 January 2014
Published date: February 2015
Keywords:
charities, crowding out, marketisation, models with panel data, nonprofit, revenue mix, substitution effect
Organisations:
Social Statistics & Demography
Identifiers
Local EPrints ID: 390387
URI: http://eprints.soton.ac.uk/id/eprint/390387
ISSN: 0957-8765
PURE UUID: 62608fd2-36eb-4ba0-9eba-6f5477853be5
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Date deposited: 01 Apr 2016 09:25
Last modified: 15 Mar 2024 03:26
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Contributors
Author:
Stephen McKay
Author:
Domenico Moro
Author:
Simon Teasdale
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