Demand for feed inputs in the Greek livestock sector

Tests alternative hypotheses on the determinants of derived demand for grains for a middle income country. The approach of estimating a multiple-input/multiple-output production technology in two stages is extended to introduce aggregators for the various components that constitute the feed input. The parameters that describe the changes in the production technology in Greece during the period 1960-1981 may approximately describe the stylized facts of any middle-income developing country that has undergone a rapidly increasing demand for animal protein. If so, the results may have broader applicability. They indicate that the introduction of new capital/feed-intensive techniques in production, induced by changing input prices, leads to higher grain intensity, higher meat output and lower product prices. -Author