Abstract

The paper deals with the analysis of Czech wheat production and its determinants. We use the Just and Pope (1979) stochastic production function to estimate the effects of economic and weather variables, together with technological progress and climate change, on wheat yield in the Czech regions in the period 1961–2018. The results suggest that both economic and environmental factors play important roles in the wheat yield function. The output/input price ratio has a positive effect on the wheat yield. The effects of temperature and precipitation are month-specific and highly non-linear. Technological change also has a positive effect on yield, whereas climate change has a rather negative effect on wheat yield.

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