This thesis investigates the relationship between internal and external funding for 995 Private Institutions of Social Solidarity and how they cover the increasing operational costs. Drawing on data spanning from 2016 to 2021, trend reveal a general increase in total operating cost over the years, a steady rise in external revenues over time, but particularly in 2020, and an increase in internal revenues until 2019, followed by a significant decline in 2020, possibly due the COVID pandemic. Using fixed effects regression model the results indicate a negative relationship between internal and external funding across the entire sample, all main sectors (education, health and social work and membership) and regions (of high and low population densities), suggesting a potential substitution effect. Conversely, a positive association exists between internal funding and operational costs for the entire sample, all main sector and regions as well.
Date of Award | 12 Jul 2024 |
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Original language | English |
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Awarding Institution | - Universidade Católica Portuguesa
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Supervisor | Ricardo Ribeiro (Supervisor) |
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- IPSS
- External funding
- Internal funding
- Operation costs
- Substitution effect
- Complementary effect
- Mestrado em Economia Empresarial
Exploring funding alternatives in Portuguese private institutions of social solidarity: an econometric approach
Oliveira, M. R. M. D. (Student). 12 Jul 2024
Student thesis: Master's Thesis