Priorities and Preferences in the Allocation of MPP Branded Funds to Agribusiness Firms
利用企业层面数据,评估1993年美国立法是否成功将市场推广计划(MPP)品牌资金优先分配给小型、新出口及面临出口困难的企业,而非大型现有出口企业。
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.