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Priorities and Preferences in the Allocation of MPP Branded Funds to Agribusiness Firms

Kim L. Jensen and Paul Jakus

American Journal of Agricultural Economics, 1997, vol. 79, issue 4, 1319-1331

Abstract: In 1993, legislation was passed that required the USDA to give priority in the allocation of its Market Promotion Program (MPP) branded funds to small firms, new-to-export firms, and firms facing exporting problems in foreign markets. However, the MPP is still criticized in the popular press and by the General Accounting Office as favoring large and existing exporting firms that do not face exporting problems. Using a unique firm-level data set, the effectiveness of the 1993 legislation is evaluated by analyzing the allocation of MPP funds according to firm characteristics and the priorities set in the 1993 legislation. Copyright 1997, Oxford University Press.

Date: 1997
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American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

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