Responsiveness of Compound Feed Prices in the European Community to Changes in Feed Input Prices
通过模拟欧洲共同体成员国典型饲料生产商的成本最小化行为，分析饲料原料价格如何影响配合饲料的成本和价格，并计算了价格弹性。
This paper investigates the effects of feed input prices on manufactured compound feed costs and prices in the European Community (EC). The analysis is based on a simulation of the cost-minimizing behavior of "typical" feed compounders in the individual EC member countries.\nThe procedure adopted involves three steps. First, country-specific linear programming (LP) feedmix models for various types of livestock are solved repeatedly for different sets of relative feed input prices. Second, summary functions are fitted to the LP solutions. Third, compound feed cost elasticities with respect to feed input prices are computed. Estimation results are presented at the national and community (EC-9) level.