45 lines
1.2 KiB
TeX
45 lines
1.2 KiB
TeX
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\begin{frame}{Results}
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\begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment
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\column{.5\textwidth}
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\tiny
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\input{tables/reg.tex}\footnote{Year/Month fixed effects omited}\footnote{All reported values are logged}\footnote{Single stage preliminary results do not cite}
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\column{.5\textwidth} % Left column and width
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\normalsize
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\tiny
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\begin{block}{Long Run Effect on Oil Production}
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\begin{equation}
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\Delta Q_{O}= \Delta P_{WTI}\cdot\beta_{2}\left[\sum_{t=1}^{\infty}\left( \beta_{1}^{t}\right)+ 1\right]
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\end{equation}
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\end{block}
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\normalsize
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\center
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\(\beta_{1}=0.198\),\(\beta_{2}=0.143\)
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\begin{equation*}
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\Delta Q_{O}= 0.18\cdot \Delta P_{WTI}
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\end{equation*}
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\end{columns}
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\end{frame}
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\begin{frame}{Intial Estimates}
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\textbf{United States}
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\begin{itemize}
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\item{Subsidy of 0.98\% to WTI }
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\item{\(\Delta Q_{US}\approx 0.18\%\)}
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\end{itemize}
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\textbf{Wyoming}
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\begin{itemize}
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\item{Subsidy of 2.13\% to WTI }
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\item{\(\Delta Q_{Wy}\approx 1.43\% \)\footnote{Elasticty of 0.67 (Mason et all,2017)}}
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\end{itemize}
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\end{frame}
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