Government Grants to Science
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چکیده
منابع مشابه
Do Government Grants to Private Charities Crowd Out Giving or Fund-raising?
Economists have long observed that crowding out of government grants to private charities is incomplete. The accepted belief is that givers treat the grants as imperfect substitutes for private giving. We theoretically and empirically investigate a second reason: the strategic response of a charity will be to reduce fund-raising efforts after receiving a grant. Employing panel data from arts an...
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ژورنال
عنوان ژورنال: Nature
سال: 1877
ISSN: 0028-0836,1476-4687
DOI: 10.1038/015398a0