LOCATION AND MARKETING UNDER MARKETING ASSISTANCE LOAN AND LOAN DEFICIENCY PAYMENT PROGRAMS

Alexander E. Saak

No 18464, Hebrew University of Jerusalem Archive from Hebrew University of Jerusalem

Abstract: Marketing assistance loan (MAL) and loan deficiency payment (LDP) programs differ in their treatment of basis. This paper analyzes marketing decisions under these programs when producers are differentiated by location with respect to the terminal market. The developed model may help explain the observed lack of an association between the county loan rate and the share of a county's production enrolled in MAL programs. Under certain conditions, multiple equilibria are shown to emerge. The effects of MAL and LDP programs on welfare and policy implications are discussed.

Keywords: Marketing (search for similar items in EconPapers)
Pages: 30
Date: 2002
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/18464/files/wp020297.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:hebarc:18464

DOI: 10.22004/ag.econ.18464

Access Statistics for this paper

More papers in Hebrew University of Jerusalem Archive from Hebrew University of Jerusalem
Bibliographic data for series maintained by AgEcon Search ().