Change in Licence Policy for CAAS Journals

We would like to inform you that the journals published by the Czech Academy of Agricultural Sciences (CAAS) will change their licence policy. All articles submitted to CAAS journals from 2026 will be published under the Creative Commons Attribution 4.0 International Licence (CC BY 4.0).

The Creative Commons Attribution 4.0 International Licence (CC BY 4.0) allows broad reuse, distribution, and adaptation of published articles, provided that appropriate credit to the original authors is given.

Articles submitted by 2025 are distributed under the Creative Commons Attribution-NonCommercial 4.0 International (CC-BY-NC 4.0) license.


Impact factor (WoS):

2025: 1.6
Q2 – Economics; Q3 – Agricultural Economics & Policy
5-Year Impact Factor: 1.9

SCImago Journal Rank (SCOPUS):

SCImago Journal & Country Rank

Agricultural Economics

  • ISSN 0139-570X (Print)
  • ISSN 1805-9295 (On-line)

An international open access peer-reviewed journal published by the Czech Academy of Agricultural Sciences and financed by the Ministry of Agriculture of the Czech Republic. Published since 1954 (by 1999 under the title Zemědělská ekonomika)

  • The journal is administered by an international Editorial Board
  • Editor-in-Chief: prof. Ing. Lukáš Čechura, Ph.D.
  • Co-editors: Ing. Jaroslav Pražan, Ph.D., prof. Ing. Jindřich Špička, Ph.D., doc. Ing. Pavla Vrabcová, Ph.D.
  • Executive Editor: Ing. Zdeňka Naglová, Ph.D.
  • Technical Editor: MgA. Hana Slaninová
  • The journal is published monthly

Journal leaflet Agricultural Economics - Call for Papers

Aims & Scope

The journal publishes scientific articles: original scientific papers dealing with agricultural subjects from the sphere of economics, management, informatics, ecology, social economy and sociology. An extensive scope of subjects in fact covers the whole of agribusiness, that means economic relations of suppliers and producers of inputs for agriculture and food industry, problems from the aspects of social economy and rural sociology and finally the economics of the population nutrition. Papers are published in English.


Current issue

A tribute to Professor Vladimír JeníčekEditorial

Lukáš Čechura

Agric. Econ. - Czech, 2026, 72(8):473-474 | DOI: 10.17221/425/2026-AGRICECON  

Optimising the Stutzer ratio in multivariate agricultural portfoliosOriginal Paper

Dejan Živkov, Boris Kuzman, Jonel Subić

Agric. Econ. - Czech, 2026, 72(8):475-482 | DOI: 10.17221/377/2025-AGRICECON  

This paper evaluates the risk-adjusted performance of multivariate agricultural portfolios using the Stutzer ratio, an advanced measure that accounts for non-normal return distributions and downside risk. Three four-asset portfolios – grains, softs, and meats – are analysed in this study. The Stutzer ratio incorporates a risk-aversion parameter (θ) that penalises tail risk, providing a more accurate assessment of skewed and fat-tailed returns. Results show that Stutzer-optimised portfolios outperform naïve equal-weight portfolios in risk-adjusted terms, as optimisation effectively balances expected returns and downside exposure....

Has the agricultural productivity increased after European Union enlargements in Central European countries? Evidence from four countries' cereal productionOriginal Paper

Lukáš Čechura, Štefan Bojnec, Jan Falkowski, Imre Fertő

Agric. Econ. - Czech, 2026, 72(8):483-492 | DOI: 10.17221/156/2023-AGRICECON  

It was widely expected that following European Union's enlargement in 2004, farmers in new member states would improve their performance by increasing the efficiency of their production processes. In this study, using the Farm Accountancy Data Network data, we look at changes in total factor productivity, a measure which captures how efficiently and intensely inputs are utilised in production, that took place in farms producing cereals in the Czech Republic, Hungary, Poland, and Slovenia between 2004 and 2017. We find that in all four countries total factor productivity increased in the first years after the accession, but later declined. Overall,...

Cognition, adoption intensity, and environmental efficiency of the planting and breeding circular model: Evidence from Northeast ChinaOriginal Paper

Zhe Zhao, You Xu, Yi Zhang

Agric. Econ. - Czech, 2026, 72(8):493-512 | DOI: 10.17221/270/2025-AGRICECON  

Based on 1 051 survey observations from 83 villages in Northeast China and the conceptual framework of 'model cognition – whether to adopt – adoption intensity – adoption benefits', this study empirically analyses how farmers' cognition of the circular model of planting and breeding (CMPB) affects adoption decisions and adoption intensity, as well as the impact of adopting the CMPB on environmental efficiency. The results indicate that perceived economic benefits and perceived ease of use significantly increase farmers' adoption intensity. Moreover, adopting the CMPB has a significant positive effect on environmental efficiency; higher...

Temperature shocks could accelerate China's expansion of agricultural operations amid ageing trendsOriginal Paper

He Yang, HaoZhaoXing Liao, Shi Wu Li, Wei Huang, Hao Yang, Haixia Zhang, Chen GuangYan

Agric. Econ. - Czech, 2026, 72(8):513-526 | DOI: 10.17221/72/2025-AGRICECON  

The integration of smallholder land and expanded agricultural operational scale are global agricultural development trends. Using 2012–2020 longitudinal data from the China Family Panel Studies (CFPS) combined with satellite-derived meteorological records, this study examines how temperature shocks influence land rental behaviour, supplemented by rigorous robustness checks. Results indicate that temperature shocks reduce per-hectare net income, deteriorate working conditions, and increase smallholders' likelihood of transferring out land – particularly elderly farmers supported by their children. Notably, factor inputs (e.g. fertilisers...