Date of Award

2013

Document Type

Thesis

Degree Name

Bachelors

Department

Social Sciences

First Advisor

Coe, Richard

Keywords

Crowding-Out, Public Radio, Public Goods

Area of Concentration

Economics

Abstract

The crowding-out hypothesis was first empirically linked to the public radio market in 1989 by Bruce Kingma. Kingma found 13 cents of private funds to be crowded-out for every extra government dollar contributed. Studies on the crowding-out hypothesis continued; questions regarding the validity of the explicit link between government and individuals became apparent. Further work makes clear that changes in fundraising expenditures are more directly linked to fluctuations in federal allocations to non-profits, which in turn change private giving patterns. This thesis attempts to examine the impact to public radio stations by changes in public funding. Data from the years 2002 through 2011 was acquired from the CPB and tests were performed with SAS and EViews. Limitations in the available data forced an interpretation of trends found solely within the financial information of 400 unique public radio stations (accounting for the total population of radio stations that receive public funding). Figures on CPB allocation, private donation revenues, and fundraising expenditures were used to determine that private giving rises alongside fundraising expenditures, but the resulting data supporting crowding-in was questionable due to the lack of sufficient controls in the regression.

Rights

This bibliographic record is available under the Creative Commons CC0 public domain dedication. The New College of Florida Libraries, as creator of this bibliographic record, has waived all rights to it worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.

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