diff --git a/Defense_proposal/CREP_Sections/Background.tex b/Defense_proposal/CREP_Sections/Background.tex index d7221bf..b036812 100644 --- a/Defense_proposal/CREP_Sections/Background.tex +++ b/Defense_proposal/CREP_Sections/Background.tex @@ -1,9 +1,9 @@ \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} diff --git a/Defense_proposal/CREP_Sections/Econometric.tex b/Defense_proposal/CREP_Sections/Econometric.tex index c404d7e..b793582 100644 --- a/Defense_proposal/CREP_Sections/Econometric.tex +++ b/Defense_proposal/CREP_Sections/Econometric.tex @@ -1,10 +1,10 @@ \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} diff --git a/Defense_proposal/CREP_Sections/Start.tex b/Defense_proposal/CREP_Sections/Start.tex new file mode 100644 index 0000000..c386ccc --- /dev/null +++ b/Defense_proposal/CREP_Sections/Start.tex @@ -0,0 +1,6 @@ +\begin{frame}[plain]{Chapter 3} +\huge +\begin{center} +Efficiency of Fallowing Incentive Programs +\end{center} +\end{frame} diff --git a/Defense_proposal/Defense.tex b/Defense_proposal/Defense.tex index 0785ccc..eb29820 100644 --- a/Defense_proposal/Defense.tex +++ b/Defense_proposal/Defense.tex @@ -31,9 +31,7 @@ %---------------------------------------------------------------------------------------- % 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} diff --git a/Defense_proposal/RG_Sections/Backgound.tex b/Defense_proposal/RG_Sections/Backgound.tex index bcce15b..e33b577 100644 --- a/Defense_proposal/RG_Sections/Backgound.tex +++ b/Defense_proposal/RG_Sections/Backgound.tex @@ -1,17 +1,19 @@ \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} diff --git a/Defense_proposal/RG_Sections/Conclusion.tex b/Defense_proposal/RG_Sections/Conclusion.tex new file mode 100644 index 0000000..c8f271a --- /dev/null +++ b/Defense_proposal/RG_Sections/Conclusion.tex @@ -0,0 +1,10 @@ +%------------------------------------------------ + +\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} diff --git a/Defense_proposal/RG_Sections/Data.tex b/Defense_proposal/RG_Sections/Data.tex index d175d25..8ce3544 100644 --- a/Defense_proposal/RG_Sections/Data.tex +++ b/Defense_proposal/RG_Sections/Data.tex @@ -1,7 +1,7 @@ \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} diff --git a/Defense_proposal/RG_Sections/Economic_Intrest.tex b/Defense_proposal/RG_Sections/Economic_Intrest.tex new file mode 100644 index 0000000..ccb895f --- /dev/null +++ b/Defense_proposal/RG_Sections/Economic_Intrest.tex @@ -0,0 +1,10 @@ +\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} diff --git a/Defense_proposal/RG_Sections/Equations.tex b/Defense_proposal/RG_Sections/Equations.tex index 0a8896c..a7e0a55 100644 --- a/Defense_proposal/RG_Sections/Equations.tex +++ b/Defense_proposal/RG_Sections/Equations.tex @@ -1,9 +1,9 @@ -\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} diff --git a/Defense_proposal/RG_Sections/Question.tex b/Defense_proposal/RG_Sections/Question.tex index 325a5ac..53a7955 100644 --- a/Defense_proposal/RG_Sections/Question.tex +++ b/Defense_proposal/RG_Sections/Question.tex @@ -1,6 +1,6 @@ -\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} diff --git a/Defense_proposal/RG_Sections/Start.tex b/Defense_proposal/RG_Sections/Start.tex new file mode 100644 index 0000000..3a2b397 --- /dev/null +++ b/Defense_proposal/RG_Sections/Start.tex @@ -0,0 +1,6 @@ +\begin{frame}[plain]{Chapter 1} +\huge +\begin{center} +Hedonic Analysis of Groundwater Institutional Changes in South Platte, CO +\end{center} +\end{frame} diff --git a/Defense_proposal/Sections/Conclusion.tex b/Defense_proposal/Sections/Conclusion.tex index e8d5799..e8b2105 100644 --- a/Defense_proposal/Sections/Conclusion.tex +++ b/Defense_proposal/Sections/Conclusion.tex @@ -1,10 +1,10 @@ %------------------------------------------------ \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} diff --git a/Defense_proposal/Sections/Key_Questions.tex b/Defense_proposal/Sections/Key_Questions.tex index 22a8ca2..55c2a46 100644 --- a/Defense_proposal/Sections/Key_Questions.tex +++ b/Defense_proposal/Sections/Key_Questions.tex @@ -5,7 +5,7 @@ \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} diff --git a/Defense_proposal/Sections/Outline.tex b/Defense_proposal/Sections/Outline.tex new file mode 100644 index 0000000..b69573f --- /dev/null +++ b/Defense_proposal/Sections/Outline.tex @@ -0,0 +1,7 @@ +\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} diff --git a/Defense_proposal/Sections/Results.tex b/Defense_proposal/Sections/Results.tex index 9476582..977c89c 100644 --- a/Defense_proposal/Sections/Results.tex +++ b/Defense_proposal/Sections/Results.tex @@ -1,13 +1,13 @@ %------------------------------------------------ -\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} diff --git a/Defense_proposal/Sections/Start.tex b/Defense_proposal/Sections/Start.tex new file mode 100644 index 0000000..3902d57 --- /dev/null +++ b/Defense_proposal/Sections/Start.tex @@ -0,0 +1,6 @@ +\begin{frame}[plain]{Chapter 2} +\huge +\begin{center} +Bitcoin Mining as a Co-product to oil Production +\end{center} +\end{frame}