Land Allocation in the Southeastern U.S. in Response to Climate Change Impacts on Forestry and Agriculture
Forest and agriculture are the two dominant land uses in the Southeastern U.S., collectively accounting for almost 90 percent of the land base. Differences in climate change impacts on forest and agricultural productivity can lead to reallocations of land between the two sectors as landowners adjust to the changes in economic conditions. In this paper, we apply the impacts of climate-induced changes in forest and agricultural economic rents to a model of land allocation for the Southeastern U.S. Climate change impacts on land use are evaluated relative to the demographic and commodity market factors that will affect future land uses independent of climate change.