168-189

• Φωτόπουλος, Χρήστος Β.

This study focuses an annual production and inventory decisions of Greek sheep producers by modelling producer behaviour in the context of the capital stocks theory. Producers response was analysed via the use of econometric procedures. Aspects of lamb and sheep (mouton) supply, inventory level changes and ewe breading were tackeled one at a time. The results show that prices influence producer's decisions in opposite directions. Specifically, where - as lamb meat pricheese ces positively affect production, sheep meat prices as well as milk and feta prices are inversely related to the volume of production. It seems that the demand for stock building finally balances with that for slaughtering.

• Economics and Business
• Computer and information sciences

• Economics
• Statistics

agricultural economics

Περιέχει σχήματα, πίνακες και βιβλιογραφία, There is a strong similarity between sheep and goats, or iamb and kids in Greece and thus they will both be examined as one and the same and will be referred to throughout as «sheep» or «lamb»., This paper is based on the author's Dh. thesis completed at the University of Newcastle Upon Tyne 1985.