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The budgeting of Portuguese public museums: a dynamic panel data approach

dc.contributor.authorOliveira, Maria Alberta
dc.contributor.authorCoelho, João
dc.contributor.authorSantos, Carlos
dc.date.accessioned2014-06-05T16:27:48Z
dc.date.available2014-06-05T16:27:48Z
dc.date.issued2013
dc.description.abstractIn this paper, the first panel on sources of funding for Portuguese publicly owned museums is explored. There has been little work in this field worldwide, and none for Portugal. Evidence in this paper seems contrary to that relating to the UK and to the US. We find that incremental budgeting still plays a major role on the funding of Portuguese museums, allowing for inefficient management and moral hazard: the interests of museums’ management may diverge clearly from those of the authorities ruling them and from those of the general public. We also find that the ability to generate their own revenues plays no role in the funding allocated to museums every year. Budgeting is mainly determined by past operating costs. Policy changes seem to be advisable. The scarce relevance of museum patronage by the private sector makes a discussion of possible crowding out effects irrelevant in the current Portuguese context.por
dc.identifier.citationOLIVEIRA, Maria Alberta; COELHO, João; SANTOS, Carlos - The Budgeting of Portuguese Public Museums: A Dynamic Panel Data Approach. World Review of Business Research. ISSN 1839-1176. Vol. 3 No. 3. ( 2013), p.145 – 156por
dc.identifier.issn1839-1176
dc.identifier.urihttp://hdl.handle.net/10400.14/14505
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherZia World Press Australia
dc.subjectMuseumspor
dc.subjectIncremental budgetingpor
dc.subjectMoral hazardpor
dc.subjectDynamic panel datapor
dc.titleThe budgeting of Portuguese public museums: a dynamic panel data approachpor
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage156
oaire.citation.issue3
oaire.citation.startPage145
oaire.citation.titleWorld Review of Business Research
oaire.citation.volume3
person.familyNameOliveira
person.familyNameSantos
person.givenNameMaria Alberta
person.givenNameCarlos
person.identifier.ciencia-id691E-C5C6-E471
person.identifier.ciencia-idB21B-EE12-A3EC
person.identifier.orcid0000-0003-2918-1354
person.identifier.orcid0000-0002-5100-0794
person.identifier.ridR-3064-2016
person.identifier.scopus-author-id8636090500
person.identifier.scopus-author-id55998214300
rcaap.rightsopenAccesspor
rcaap.typearticlepor
relation.isAuthorOfPublication82201628-8131-475d-a130-274ca446cc17
relation.isAuthorOfPublicationca088211-4560-4dc9-a5d4-a608554bc01c
relation.isAuthorOfPublication.latestForDiscoveryca088211-4560-4dc9-a5d4-a608554bc01c

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