caa a22 4500 606151737 CHVBK 20210128100545.0 cr unu---uuuuu 210128e20150201xx s 000 0 eng 10.1007/s11266-013-9417-y doi (NATIONALLICENCE)springer-10.1007/s11266-013-9417-y The Marketisation of Charities in England and Wales [Elektronische Daten] [Stephen McKay, Domenico Moro, Simon Teasdale, David Clifford] 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. International Society for Third-Sector Research and The Johns Hopkins University, 2013 Charities nationallicence Crowding out nationallicence Marketisation nationallicence Models with panel data nationallicence Nonprofit nationallicence Revenue mix nationallicence Substitution effect nationallicence McKay Stephen School of Social and Political Sciences, University of Lincoln, Lincoln, UK aut Moro Domenico Third Sector Research Centre, University of Birmingham, Birmingham, UK aut Teasdale Simon Yunus Centre for Social Business and Health, Glasgow Caledonian University, Level 3, Buchanan House, 58 Port Dundas Road, G4 0BA, Glasgow, UK aut Clifford David Third Sector Research Centre, University of Southampton, Southampton, UK aut VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations Springer US; http://www.springer-ny.com 26/1(2015-02-01), 336-354 0957-8765 26:1<336 2015 26 11266 https://doi.org/10.1007/s11266-013-9417-y text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s11266-013-9417-y text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- McKay Stephen School of Social and Political Sciences, University of Lincoln, Lincoln, UK aut NATIONALLICENCE 700 1- Moro Domenico Third Sector Research Centre, University of Birmingham, Birmingham, UK aut NATIONALLICENCE 700 1- Teasdale Simon Yunus Centre for Social Business and Health, Glasgow Caledonian University, Level 3, Buchanan House, 58 Port Dundas Road, G4 0BA, Glasgow, UK aut NATIONALLICENCE 700 1- Clifford David Third Sector Research Centre, University of Southampton, Southampton, UK aut NATIONALLICENCE 773 0- VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations Springer US; http://www.springer-ny.com 26/1(2015-02-01), 336-354 0957-8765 26:1<336 2015 26 11266