21 research outputs found
Religious and Non-religious Giving in Thailand: An Economic Perspective
Understanding religious and non-religious giving in Thailand will help us to comprehend the role of Buddhism on social reciprocity which is a necessary condition for policy recommendation to enhance the participatory development of Thai citizens. The study found that attending religious services on a regular basis does make people become more generous to both religious and non-religious contributions indicating the influence of Buddhism on socioeconomic development of Thailand. Highest educational achievement plays a major role on both money and time contributions. Education thus is a means not only to human capital formation but also to implanting the social reciprocal value to young generations. In addition, while government spending on religious boosts up the religious contributions, it in turn lessens the non-religious giving. But the level of an individual social capital significantly increases individual’s time volunteers to both religious and non-religious organizations. Government hence may consider diverting some of their religious spending towards community-based social capital accumulation by financing community activities that could enhance the civic participations. Furthermore, policy makers should encourage people to follow news on a daily basis to make people become aware of social needs. The accuracy and reliability of social media thus have an indirect influence on social reciprocity. Keywords: Money and time contribution, Religious and Nonreligious giving, Social Capital, Participatory developmen
The wisdom of the crowd in funding: information heterogeneity and social networks of crowdfunders
Fundraising efficiency in Buddhist temples in Thailand: An application of the stochastic frontier analysis model
Development of glass-ceramics from soda lime silica glass waste by sintering method for opal imitation
On time and money donations
This paper investigates the importance of two forms of \u2018impure\u2019 altruism (\u201cwarm glow\u201d and reputational
concerns) as potential determinants of both time and money gifts. We first develop a comprehensive
behavioral model which accounts for both types of donations, as well as for decisions about domestic
and market hours of work. We then provide an empirical test of these drivers for giving using survey
data for Italy. Results suggest that, according to the theoretical predictions, proxies for \u2018impure\u2019 altruism
are important determinants of donations. Moreover, the unobservable determinants driving money and
time donations are positively correlated, suggesting a certain degree of complementarity between the
two decisions. Our findings also stress the importance of considering a behavioral model accounting for
a full set of time and income uses to better characterize individual decisions to donate