Journal article
NONPROFIT TAX EXEMPTIONS, FOR-PROFIT COMPETITION AND SPILLOVERS TO COMMUNITY SERVICES
The Economic journal (London), v 129(620), pp 1817-1862
19 May 2019
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
We investigate the importance of nonprofit tax exemptions to the structure of local fitness markets and to the nonprofit's decision to complement fitness offerings with youth programming. We estimate an equilibrium model of market structure of nonprofit and for-fitness centres. Our results suggest that the two ownership types serve different customer bases. We predict that a revocation of tax exemptions would lower nonprofit entry by 26%, leaving for-profit entry unaffected. This decline in nonprofit entry derives primarily from fitness facilities that jointly operate a youth programme. Tax exemptions thus aid in both the provision of the primary and auxiliary services.
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Details
- Title
- NONPROFIT TAX EXEMPTIONS, FOR-PROFIT COMPETITION AND SPILLOVERS TO COMMUNITY SERVICES
- Creators
- Teresa D. Harrison - Drexel UniversityKatja Seim - Drexel University
- Publication Details
- The Economic journal (London), v 129(620), pp 1817-1862
- Publisher
- Oxford Univ Press
- Number of pages
- 46
- Grant note
- Dean's Research Fund at the Wharton School Entrepreneurship and Family Business Research Center
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Web of Science ID
- WOS:000482296500009
- Scopus ID
- 2-s2.0-85072013363
- Other Identifier
- 991019167431504721
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- Collaboration types
- Domestic collaboration
- Web of Science research areas
- Economics