Is crowding out due entirely to fundraising? Evidence from a panel of charities

When the government gives a grant to a private charitable organization, do the donors to that organization give less? If they do, is it because the grants crowd out donors who feel they gave through taxes (classic crowd out), or is it because the grant crowds out the fundraising of the charities who, after getting the grant, reduce efforts of fundraising (fundraising crowd-out)? This is the first paper to separate these two effects. Using a …