Added CREP section, updated RG slides

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alex 2022-12-06 11:41:16 -07:00
parent bc3ba05e44
commit 45082520d4
13 changed files with 115 additions and 19 deletions

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\begin{frame}
The Conservation Reserve Enhancement Program aimed at increase fallowing the Rio Grande region by 40,000 Acres.
\begin{enumerate}
\item{Program formed in late 2013}
\item{Eligibility based on water use from 2006-2013}
\item{One time enrollment payment to retire of \$200 per acre}
\item{\$22 acre per year of 15 year lease}
\item{\$66 per acre per year}
\end{enumerate}
\end{frame}

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\begin{frame}
How effective are CREP payments at reducing water use?
\begin{itemize}
\item{Who enrolls?}
\item{How much water is directly saved?}
\item{Do neighboring farms increase water use?}
\end{itemize}
\end{frame}

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\section{Hedonic}
\subsection{Introduction}
\input{./RG_Sections/Question.tex}
\input{./RG_Sections/Bullets.tex}
\include{./RG_Sections/Reg_Disc.tex}
\input{./RG_Sections/Timeline.tex}
\input{./RG_Sections/Legal_Concern.tex}
\input{./RG_Sections/Reg_Disc.tex}
\subsection{Data}
\input{./RG_Sections/Data.tex}
\input{./RG_Sections/MapParcels.tex}
\input{./RG_Sections/ParcelJoin.tex}
\subsection{Equations}
\input{RG_Sections/Equations.tex}
\subsection{Results}
\input{./RG_Sections/Results.tex}
%----------------------------------
\section{CREP payments}
\input{./CREP_Sections/Question.tex}
\input{./CREP_Sections/Background.tex}
%--------------------------
\section{Bitcoin}
%-------------------------- \section{Bitcoin}
\subsection{Introduction \& Overview}
\input{./Sections/Intro.tex}
\input{./Sections/Key_Questions.tex}
\subsection{Background}
\input{./Sections/Background.tex}
\input{./Sections/Maps.tex}
\input{./Sections/Mechanism.tex}
\input{./Sections/Strategy.tex}
\input{./Sections/Data.tex}
\input{./Sections/Diagram.tex}
\input{./Sections/Mechanism.tex}
\subsection{Bitcoin Mining}
\input{./Sections/Bitcoin_Intro.tex}
\input{./Sections/Bitcoin_Incentives.tex}

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\begin{frame}{Data Needed}
\textbf{Three counties with treated parcels, one with only controls.}
\begin{enumerate}
\item{legal parcel locations}
\item{Records of sales}
\item{Crop use history}
\item{Water access}
\item{Irrigation history}
\end{enumerate}
\end{frame}

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\begin{frame}{Econometic Model}
\begin{equation}\label{SimpleRegModel}
Price_{i,t}=\theta_{s(t)}\cdot Sbd1_{i}+\tau_{t}+\beta_{i,t}\cdot X_{i,t}+\epsilon_{i,t}
\end{equation}
Where \(Price_{i,t}\) is the sale price of parcels \( i \in I \) across time periods \( t \in T \). \(Sbd1_{i}\) is a dummy varriable indicating that a parcel is in Subdistrict 1. \(\theta_{s(t)}\) are the policy fixed effects of interest. \(\tau_t\) is a time period fixed effect, and \(X_{i,t}\) controls an array of variables that influence the market price of farms.
\begin{equation}\label{SimpleFixedModel}
Price_{i,t}=\theta_{s(t)}\cdot Sbd1_{i}+\tau_{t}+\alpha_{i}+\beta_{i,t}\cdot X_{i,t}+\epsilon_{i,t}
\end{equation}
This model pulls out time invariant attributes of parcels into \(\alpha_{i}\), for each parcel with repeat sales the omitted time invariant effects are captured by this term\footnote{The need to have multiple sales across the shocks limits the dataset, so equation \eqref{SimpleFixedModel} is only applied to regressions over the entire time series.}.
\end{frame}

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\begin{frame}[plain]{Legal Threat in 2002}
\begin{figure}[!ht]
\centering
\fbox{ \includegraphics[width=\textwidth,height=0.85\textheight,keepaspectratio]{./RG_img/SP_communication3.pdf}}
\end{figure}
\end{frame}

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\begin{frame}[plain]{Crop \& Legal Parcels in 2009}
\begin{figure}[!ht]
\centering
\fbox{ \includegraphics[width=\textwidth,height=0.85\textheight,keepaspectratio]{./RG_img/SLV_Map.png}}
\end{figure}
\end{frame}

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\begin{frame}{Joining Parcels}
\begin{figure}[!h]
\label{compare}
\centering
\begin{subfigure}[b]{0.4\textwidth}
\includegraphics[width=\textwidth]{./RG_img/pre_proc.png}
\caption{Crop Parcels and Legal Parcels}
\label{pre}
\end{subfigure}
%
\begin{subfigure}[b]{0.4\textwidth}
\includegraphics[width=\textwidth]{./RG_img/post_proc.png}
\caption{Intersection of Parcels}
\label{post}
\end{subfigure}
\end{figure}
\end{frame}

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\begin{frame}{Evidence of Affect Land Prices}
\begin{frame}{Evidence of Affected Land Prices}
\begin{center}
\includegraphics[width=\textwidth,height=0.89\textheight,keepaspectratio]{./RG_img/CHANGE_Disc.png}
\end{center}

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\begin{frame}{Rio Grande History}
\begin{center}
\footnotesize
\begin{chronology}[8]{1930}{2016}{90ex}[\textwidth]
\event[2001]{2005}{Drought}
\event[1950]{1956}{Drought}
\event[1930]{1939}{Drought}
\end{chronology}
\begin{chronology}[8]{1930}{2016}{90ex}[\textwidth]
\event{1938}{Rio Grande Compact}
\event{1966}{Compact Violation}
\event[1970]{1980}{GW Legal}
\event{2002}{State Engineer}
\event{2007}{Wells Shut In}
\end{chronology}
\begin{chronology}[8]{1930}{2016}{90ex}[\textwidth]
\event[1931]{1940}{2000 Wells}
\event{1967}{RGWCD}
\event{1974}{Exemption}
\event{2006}{Subdistrict 1}
\event{2011}{Fees Imposed}
\end{chronology}
\end{center}
\end{frame}

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