A multiperiod regional mathematical programming model is used to evaluate the potential economic impacts of global climatic change on the southern U.S. forestry sector. Scenarios for forest biological response to climate change are developed for small and large changes in forest growth rates. Resulting changes in timber supply have economic impacts on producers and consumers in forest products markets, both nationally and regionally. Conclusions include outer dimensions of global climate change impacts and potential effects of smaller biological responses on the forestry sector both nationally and in the U.S. South. Relative impacts are found to be larger for producers than for consumers, and southern producers experience relatively greater changes in economic welfare.
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Paper provided by Texas A&M University System, Texas Agricultural Experiment Station, Department of Agricultural Economics in its series Faculty Paper with number
9718.
Length: Date of creation: Sep 1997 Date of revision: Handle: RePEc:wop:tamsfp:9718
Contact details of provider: Postal: Texas A&M University System, Texas Agricultural Experiment Station, Department of Agricultural Economics, College Station, TX 77840-2124 Email: Web page: http://agecon.tamu.edu/ More information through EDIRC
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