Unravelling the dynamics of land-use change is key to assess the environmental and socioeconomic impacts of land-based strategies regarding climate or energy. In this prospect, this paper proposes an analytical decomposition of land-use change resulting from a shock in agricultural demand which takes into account indirect effects from price signals. This analytical equation is numerically estimated using a global model of land-use combining biophysics and economics. While being relatively simple, this model captures the main processes of land-use change: change in the intensive and extensive margins, international trade, change in intermediary demand and possible by-products. At the global scale, our results show that yield losses due to th...