Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/36172 
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dc.contributor.authorWu, Steven Y.en
dc.date.accessioned2009-11-09-
dc.date.accessioned2010-07-07T12:06:34Z-
dc.date.available2010-07-07T12:06:34Z-
dc.date.issued2009-
dc.identifier.piurn:nbn:de:101:1-2009100277en
dc.identifier.urihttp://hdl.handle.net/10419/36172-
dc.description.abstractThis study models producer protection legislation that would grant growers the right to claim damages (PPLD) if their contracts are prematurely terminated. In the absence of contracting frictions that prevent contractors from redesigning contracts to accommodate exogenous policy changes, PPLD would not be distortionary or redistributive. If contracting frictions exist, then PPLD would have efficiency and redistributive effects, though the direction and magnitude depends on the size of PPL damages vis-à-vis expected damages under existing contract law. This study clarifies the conditions under which PPLD would decrease efficiency and protect growers.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x4373en
dc.subject.jelQ12en
dc.subject.jelQ18en
dc.subject.jelK12en
dc.subject.jelD82en
dc.subject.jelD86en
dc.subject.ddc330en
dc.subject.keywordContractsen
dc.subject.keywordmoral hazarden
dc.subject.keywordagricultural policyen
dc.subject.keywordproducer protection legislationen
dc.subject.keywordcontract lawen
dc.subject.stwLandwirtschaften
dc.subject.stwLieferanten-Kunden-Beziehungen
dc.subject.stwVertragsrechten
dc.subject.stwHaftungen
dc.subject.stwMoral Hazarden
dc.subject.stwTheorieen
dc.titleProducer protection legislation and termination damages in the presence of contracting frictions-
dc.type|aWorking Paperen
dc.identifier.ppn612429598en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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