Quotation Pennerstorfer, Astrid, Reitzinger, Stephanie, Schneider, Ulrike. 2020. The Scarring Effect of the 2008 Economic Crisis: Growth and Growth Decline in Austria’s Nonprofit Social Services Sector. Voluntas: International Journal of Voluntary and Nonprofit Organizations.


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Abstract

Since the 2008 economic crisis, social service providers worldwide have reported funding cuts, while the need for some social services has been increasing. This paper examines the combined and longer-term effects of such divergent developments on the nonprofit social services sector. The empirical analysis uses Austrian administrative data on six subfields of the sector covering the years 2003–2017. We investigate significant changes in the trends of four growth indicators applying interrupted time series analysis. We find that the 2008 economic crisis is associated with persistently lower growth rates in Austria’s nonprofit social services sector. The magnitude of this dampening effect differs across subsectors. Additionally, our findings suggest an increase in market concentration. Hence, the study discloses a long-term scarring effect of the economic crisis on Austria’s social services sector, raising doubts on the sector’s future resilience.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Voluntas: International Journal of Voluntary and Nonprofit Organizations
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new INF-A, MAN-A, STRAT-B, WH-B
Language English
Title The Scarring Effect of the 2008 Economic Crisis: Growth and Growth Decline in Austria’s Nonprofit Social Services Sector
Year 2020
Reviewed? Y
URL https://link.springer.com/article/10.1007/s11266-020-00234-5
DOI https://doi.org/10.1007/s11266-020-00234-5
Open Access Y
Open Access Link https://link.springer.com/article/10.1007/s11266-020-00234-5

Associations

People
Pennerstorfer, Astrid (Details)
Reitzinger, Stephanie (Details)
Schneider, Ulrike (Details)
Organization
Institute for Social Policy IN (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5363 Non-profit-sector research (NPO, NPI) (Details)
5911 Social policy (Details)
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