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The Redistributive Role of Non-profit Organizations

Author

Listed:
  • Giovanni Cerulli

    (CERIS - CNR, Research Institute on Firm and Development)

Abstract

By starting from the consideration that non-profit organizations cover a significant redistributive function beside that of governmental agencies, the paper questions why government prefers to finance via transfers private entities (lucrative and non-lucrative) rather than produce these goods directly. By generalizing the Hansmann (1986) theory we propose a ìmake or buyî approach in which the choice among three different ownership regimes (governmental, non- profit and for-profit) providing services in public benefit-oriented sectors is affected not only by costs reduction (X-efficiency) but also by the level of transfers (degree of ìuniversalismî) decided at a political level.

Suggested Citation

  • Giovanni Cerulli, 2006. "The Redistributive Role of Non-profit Organizations," Documentos de trabajo - Analise Economica 0036, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
    • Handle: RePEc:edg:anecon:0036
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    References listed on IDEAS

    as
    1. Tobin, James, 1970. "On Limiting the Domain of Inequality," Journal of Law and Economics, University of Chicago Press, vol. 13(2), pages 263-277, October.
    2. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
    3. Fama, Eugene F & Jensen, Michael C, 1983. "Agency Problems and Residual Claims," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 327-349, June.
    4. Giovanni Cerulli, 2006. "Una Matrice di Contabilità Sociale per il welfare mix: l'integrazione del settore non-profit. Prime verifiche empiriche ed effetti occupazionali per l'Italia," Rivista di Politica Economica, SIPI Spa, vol. 96(2), pages 79-128, March-Apr.
    5. Chillemi, Ottorino & Gui, Benedetto, 1991. "Uninformed customers and nonprofit organization : Modelling 'contract failure' theory," Economics Letters, Elsevier, vol. 35(1), pages 5-8, January.
    6. John C. McManus, 1975. "The Costs of Alternative Economic Organizations," Canadian Journal of Economics, Canadian Economics Association, vol. 8(3), pages 334-350, August.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    non-profit organizations; redistribution; property rights;
    All these keywords.

    JEL classification:

    • L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise
    • D6 - Microeconomics - - Welfare Economics
    • P14 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Property Rights

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