Final before presenting

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alex 2022-12-06 14:01:30 -07:00
parent 5415e5f0aa
commit bf216840a3
16 changed files with 83 additions and 34 deletions

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\begin{frame}{Background}
\textbf{The Conservation Reserve Enhancement Program aimed at increase fallowing the Rio Grande region by 40,000 Acres.}
\textbf{The Conservation Reserve Enhancement Program aimed at Increasing fallowing the Rio Grande region by 40,000 Acres.}
\begin{itemize}
\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{One time enrollment payment to retire land of \$200 per acre}
\item{\$22 acre per year of 15 year lease}
\item{\$66 per acre per year}
\end{itemize}

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\begin{frame}{Econometric Strategy}
\textbf{Dirrect Counterfactual}
\textbf{Direct Counterfactual}
\begin{equation*}
W_{i,t}=CREP_{i,t}\cdot X_{t}+\alpha_{i}+\beta_{t}\cdot X_{t}+\epsilon_{i,t}
W_{i,t}=CREP_{i,t}\cdot X_{t}+\alpha_{i}+\beta_{t}\cdot X_{t}+\epsilon_{t}
\end{equation*}
Where \(W_{i,t}\) is the water intensify in a given year (t) by parcel \(i\). \(\alpha_{i}\) is the parcel fixed effect. \(\beta_{t}\) captures time variant variables like run off volumes, growing season heating degree days, and prices.
Where \(W_{i,t}\) is the water intensity in a given year (t) by parcel \(i\). \(\alpha_{i}\) is the parcel fixed effect. \(\beta_{t}\) captures time variant variables like run off volumes, growing season heating degree days, and prices.
\newline
\newline
\textbf{Who enters the program}

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\begin{frame}[plain]{Chapter 3}
\huge
\begin{center}
Efficiency of Fallowing Incentive Programs
\end{center}
\end{frame}

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%----------------------------------------------------------------------------------------
% TITLE PAGE
%----------------------------------------------------------------------------------------
%\title[Bitcoin Mining, a Coproduct of Oil Production]{Bitcoin Mining, a Coproduct of Oil Production} % The short title appears at the bottom of every slide, the full title is only on the title page
\title[Will Bitcoin Mining Create the Next Shale Boom?]{Will Bitcoin Mining Create the Next Shale Boom?} % The short title appears at the bottom of every slide, the full title is only on the title page
\subtitle{An Estimation of Long Run Regional Welfare Effects}
\title[Thesis Defense Proposal]{Thesis Defense Proposal} % The short title appears at the bottom of every slide, the full title is only on the title page
\author[Alex Gebben] {Alexander Gebben}
@ -44,7 +42,7 @@
\vskip 3pt
}
\date{November 3, 2022}
\date{December 6, 2022}
% \date{\today} % Date, can be changed to a custom date
@ -54,10 +52,14 @@
\begin{document}
%------------------------------------------------
\input{./Sections/Intro.tex}
\input{./Sections/Outline.tex}
\section{Hedonic}
\input{RG_Sections/Start.tex}
\subsection{Introduction}
\input{./RG_Sections/Question.tex}
\input{./RG_Sections/Backgound.tex}
\input{./RG_Sections/Economic_Intrest.tex}
\input{./RG_Sections/Timeline.tex}
\input{./RG_Sections/Legal_Concern.tex}
\input{./RG_Sections/Reg_Disc.tex}
@ -69,18 +71,18 @@
\input{RG_Sections/Equations.tex}
\subsection{Results}
\input{./RG_Sections/Results.tex}
\input{./RG_Sections/Conclusion.tex}
%----------------------------------
\section{CREP payments}
\input{./CREP_Sections/Start.tex}
\input{./CREP_Sections/Question.tex}
\input{./CREP_Sections/Background.tex}
\input{./CREP_Sections/Data.tex}
\input{./CREP_Sections/Econometric.tex}
%-------------------------- \section{Bitcoin}
%--------------------------
\section{Bitcoin}
\input{./Sections/Start.tex}
\subsection{Introduction \& Overview}
\input{./Sections/Intro.tex}
\input{./Sections/Key_Questions.tex}
\subsection{Background}
\input{./Sections/Background.tex}

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\begin{frame}{Background}
\textbf{San Luis Valley}
\begin{enumerate}
\begin{itemize}
\item{Agricultural economy in Southern Colorado}
\item{Use of surface water from Rio Grande river}
\item{Part of Rio Grande Conservation Water District}
\item{Rio Grande, Saguache, Alamosa}
\end{enumerate}
\item{Rio Grande, Saguache, Alamosa counties}
\item{Drought and legal threat in 2002}
\item{Subdistrict 1 formed in 2006}
\end{itemize}
\textbf{Legal}
\begin{enumerate}
\begin{itemize}
\item{Prior Appropriation}
\item{Complex ground water law}
\item{Conversation districts}
\item{Conservation districts}
\item{Subdistricts}
\end{enumerate}
\end{itemize}
\end{frame}

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%------------------------------------------------
\begin{frame}{Conclusion}
\textbf{Evidence of ground water institutional change affecting profits:}
\begin{itemize}
\item{Collective action spurred by legal threats in 2002}
\item{Self governance changed expectations of profits in 2006}
\item{Policy under performed in practice}
\end{itemize}
\end{frame}

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

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\begin{frame}{Economic Considerations}
\begin{center}
\begin{enumerate}
\item{Self-governance}
\item{Institutional economics}
\item{Market restrictions}
\item{Externalities}
\end{enumerate}
\end{center}
\end{frame}

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\begin{frame}{Econometic Model}
\begin{frame}{Econometric 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.
Where \(Price_{i,t}\) is the sale price of parcels \( i \in I \) across time periods \( t \in T \). \(Sbd1_{i}\) is a dummy variable 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}

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\begin{frame}{Overview}
\begin{frame}{Key Questions}
% Throughout your presentation, if you choose to use \section{} and \subsection{} commands, these will automatically be printed on this slide as an overview of your presentation
\bf{What are the welfare changes faced by farmers, under institutional change that modify the value of groundwater access?
\bf{What are the welfare changes faced by farmers, under groundwater institutional change?
}
\end{frame}

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\begin{frame}[plain]{Chapter 1}
\huge
\begin{center}
Hedonic Analysis of Groundwater Institutional Changes in South Platte, CO
\end{center}
\end{frame}

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%------------------------------------------------
\begin{frame}{Conclusion}
Bitcoin miners are starting to use flared natural gas as an affordable source of electricity. This will have long run impact on the oil market.
Bitcoin miners are starting to use flared natural gas as an affordable source of electricity. This will have a long run impact on the oil market.
\begin{itemize}
% \item{Bitcoin mining can become a coproduct to oil production}
\item{The price of Bitcoin affects the price paid for the natural gas}
\item{The price of Bitcoin effects the price paid for the natural gas}
\item{A subsidy effect will persist even when Bitcoin prices are low}
\item{The profitability depends on geology}
\item{Bitcoin mining will disproportionately affect states like Wyoming and North Dakota}

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\item{How much will the price oil decline? (Consumer welfare)}
\item{How much extra revenue will oil producers receive? (Producer welfare)}
\item{How will the location of of drilling change? (Regional heterogeneous effects)}
\item{Are bitcoin miners senstive to bitcoin price when paying for gas? (Robustness)}
\item{Are bitcoin miners sensitive to bitcoin price when paying for gas? (Robustness)}
\end{enumerate}
\end{frame}

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\begin{frame}{Outline}
\begin{itemize}
\item{Chapter 1: Hedonic Analysis of Groundwater Institutional Changes in South Platte, CO}
\item{Chapter 3: Efficiency of Fallowing Incentive Programs }
\item{Chapter 2: Bitcoin Mining as a Co-Product to Oil Production}
\end{itemize}
\end{frame}

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%------------------------------------------------
\begin{frame}{Results}
Add Impulse Response graph
\end{frame}
%\begin{frame}{Results}
% Add Impulse Response graph
%\end{frame}
\begin{frame}{United Stated Results}
\begin{itemize}
\item{Price elasticty of oil supply 55.33\%}
\item{Quanity of oil produced increases by 2.11\%}
\item{Price elasticity of oil supply 55.33\%}
\item{Quantity of oil produced increases by 2.11\%}
\item{Producer revenues increas by 1.4\% }
\item{Global price of oil declines by 0.5\%}
\end{itemize}

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\begin{frame}[plain]{Chapter 2}
\huge
\begin{center}
Bitcoin Mining as a Co-product to oil Production
\end{center}
\end{frame}