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Added figure images. Basic setup

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Alex 2024-10-06 19:46:10 -06:00
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5
LATEX/Chapter_I/figures/Iplot.tex Normal file
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\begin{figure}%
\centering
\includegraphics[width=\textwidth]{Iplot_Weighted.png}%
\caption{Event study of Subdistrict One formation with parcel weighting}\label{REG:EVENTW}%
\end{figure}%

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LATEX/Chapter_I/figures/Iplot_Raw.tex Normal file
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\begin{figure}%
\centering
\includegraphics[width=\textwidth]{Iplot_Raw.png}%
\caption{Event study of Subdistrict One formation}\label{REG:EVENT}%
\end{figure}%

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LATEX/Chapter_I/figures/MapParcels.tex Executable file
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\begin{figure}%
\centering
% \fbox{\includegraphics[angle=-90,origin=c,width=0.85\textwidth]{SLV_Map.png}}
% \includegraphics[width=0.85\textwidth]{SLV_Map.png}
\includegraphics[width=1.25\textwidth]{SLV_Map.png}%
\caption{Crop parcels and legal parcels in 2009}\label{yearly_crop_overlap}%
\end{figure}%

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LATEX/Chapter_I/figures/ParcelJoin.tex Executable file
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% 0.75 is distance below figure, 0.45 is % filled horizontally, width=1 is scale of image
\begin{figure}
\subfloat[Crop Parcels and Legal Parcels]{
\begin{minipage}[c][0.75\width]{
0.45\textwidth}
\centering
\includegraphics[width=1\textwidth]{pre_proc.png}
\end{minipage}}
\hfill
\subfloat[Intersection of Parcels]{
\begin{minipage}[c][0.75\width]{
0.45\textwidth}
\centering
\includegraphics[width=1\textwidth]{post_proc.png}
\end{minipage}}
\caption{Example of parcel overlap procedure}\label{compare}
\end{figure}

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LATEX/Chapter_I/figures/RegDis.tex Executable file
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\begin{figure}%
\centering
\includegraphics[width=1.0\linewidth]{Reg_Dis_Plot.pdf} % For landscape, set width=0.92
\caption{Sale price discontinuity}\label{fig:dis}
\medskip % induce some separation between caption and explanatory material
% Notes for figure
\raggedright
\hspace{1.0cm}\emph{Notes:} a) In 2006 the subdistrict was formed under the legal threat of curtailed\\
\hspace{2.6cm} pumping and increased externality costs during a drought.\\
\hspace{2.2cm} b) In 2011 the pumping fee began.\\
\hspace{2.2cm} c) Prices are inflation adjusted using average United States farmland\\
\hspace{2.6cm} values \parencite{unitedstatesdepartmentofagriculture2020},\\
\hspace{2.6cm} and \acs{CPI} \parencite{u.s.bureauoflaborstatistics2024}.\\
\hspace{2.2cm} d) The upper and lower extrema of each period was removed.\\
% if you want to insert a dividing line 4 cm long
% \rule{4cm}{0.4pt}
\end{figure}%
\vspace{1.0cm}
% OLD CODE SUPPORTING LANDSCAPE
% \begin{figure}%
% \centering
% \includegraphics[width=0.92\linewidth]{Reg_Dis_Plot.pdf}
% \caption{Sale price discontinuity}\label{fig:dis}
% \medskip % induce some separation between caption and explanatory material
% \begin{minipage}{1.0\textwidth} % choose width suitably
% { % \footnotesize
% {$\bullet$} In 2006 the subdistrict was formed under the legal threat of curtailed pumping and increased\\
% \hspace{1.0cm} externality costs during a drought.\\
% {$\bullet$} In 2011 the pumping fee began.\\
% {$\bullet$} Prices are inflation adjusted using average U.S. farmland values \parencite{unitedstatesdepartmentofagriculture2020}, and \acs{CPI} \parencite{u.s.bureauoflaborstatistics2024}.\\
% {$\bullet$} The upper and lower extrema of each period was removed.
% \par}
% \end{minipage}
% \end{figure}%

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LATEX/Chapter_I/figures/Relative_Influence.tex Normal file
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\begin{figure}[!htp]%
\centering
\fbox{\includegraphics[width=0.5\textwidth]{Relative_Influence.png}}
\caption{Relative influence of selection criteria on propensity score}\label{FIG:REL_INF}%
\end{figure}%

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% chktex-file 44
\documentclass{article}
\usepackage{lscape}
\usepackage{dcolumn}
\usepackage{graphicx}
\usepackage{adjustbox}
\begin{document}
\begin{table}[!htbp] \centering
\caption{\label{} }
%\begin{adjustbox}{width=\textwidth}
\begin{tabular}{@{\extracolsep{5pt}}lccc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& \multicolumn{3}{c}{\textit{Dependent variable:}} \\
\cline{2-4}
\\[-1.8ex] & \multicolumn{3}{c}{Sale Price (ln)} \\
%\\[-1.8ex] & \textbf{Weighted DID with Interactions} & \textbf{Weighted DID} & \textbf{Legal Parcel Fixed Effect}\\
\\[-1.8ex] & Weighted DID with Interactions & Weighted DID & Parcel Fixed Effect\\ %\\[-1.8ex] & (1) & (2) & (3)\\
\hline \\[-1.8ex]
\\[-1.8ex] & \multicolumn{3}{c}{\textbf{Policy Effect in Subdistrict Post Formation (2006)}}\\
\cline{2-4}
Uses Groundwater& $-$1.124$^{**}$ (0.554) & & \\
Uses Surface Water & 1.913$^{***}$ (0.438) & & \\
All Parcels & $-$0.037 (0.255) & 0.545$^{***}$ (0.197) & 0.682$^{**}$ (0.290) \\
\cline{2-4}
\\[-1.8ex] & \multicolumn{3}{c}{\textbf{Policy Effect in Subdistrict Post Pumping Fee (2009)}} \\
\cline{2-4}
Uses Groundwater & 1.806$^{***}$ (0.676) & & \\
Uses Surface Water & $-$0.699 (0.534) & & \\
All Parcels & $-$0.793$^{***}$ (0.306) & $-$0.799$^{***}$ (0.239) & $-$0.866$^{***}$ (0.268) \\
\hline \\[-1.8ex]
Observations & 3,658 & 3,658 & 1,428 \\
R$^{2}$ & 0.354 & 0.305 & 0.804 \\
Adjusted R$^{2}$ & 0.341 & 0.294 & 0.654 \\
Residual Std. Error & 2.447 (df = 2982) & 2.533 (df = 2994) & 1.658 (df = 777) \\
F Statistic & 27.225$^{***}$ (df = 60; 2982) & 27.407$^{***}$ (df = 48; 2994) & 5.368$^{***}$ (df = 594; 777) \\
\hline
\hline \\[-1.8ex]
\textit{Note:} & \multicolumn{3}{r}{$^{*}$p$<$0.1; $^{**}$p$<$0.05; $^{***}$p$<$0.01} \\
\end{tabular}
%\end{adjustbox}
\end{table}
%-----------------------Logit
\begin{table}[!htbp]
\centering
\caption{\label{}}
\begin{tabular}{@{\extracolsep{5pt}}lc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& \multicolumn{1}{c}{\textit{Dependent variable:}} \\
\cline{2-2}
\\[-1.8ex] & Legal Parcel is in Subdistrict One \\
\hline \\[-1.8ex]
Number of Sales Before 2009 & 0.279$^{***}$ (0.083) \\
Calc. Area & 0.001$^{***}$ (0.0005) \\
Area Record Exists & 1.783$^{***}$ (0.188) \\
Groundwater Used in 2002 & 0.253 (0.581) \\
Groundwater Used in 2005 & 1.701$^{***}$ (0.558) \\
Sprinkler Used in 2002 & 3.104$^{***}$ (0.614) \\
Sprinkler Used in 2005 & 0.792 (0.589) \\
Crop Area in 2002 & 0.336 (0.226) \\
Crop Area in 2005 & $-$0.601$^{**}$ (0.249) \\
\% Alfalfa in 2002 & $-$2.454$^{***}$ (0.438) \\
\% Alfalfa in 2005 & $-$2.976$^{***}$ (0.456) \\
\% Small Grains in 2002 & $-$1.064$^{**}$ (0.496) \\
\% Small Grains in 2005 & $-$2.356$^{***}$ (0.524) \\
\% Pasture Land 2002 & $-$1.081$^{***}$ (0.379) \\
\% Pasture Land 2005 & $-$2.634$^{***}$ (0.342) \\
Constant & $-$2.639$^{***}$ (0.215) \\
\hline \\[-1.8ex]
Observations & 1,919 \\
Log Likelihood & $-$707.611 \\
Akaike Inf. Crit. & 1,447.223 \\
\hline
\hline \\[-1.8ex]
\textit{Note: One Entry Per Parcel} & \multicolumn{1}{r}{$^{*}$p$<$0.1; $^{**}$p$<$0.05; $^{***}$p$<$0.01} \\
\end{tabular}
\end{table}
\end{document}

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% chktex-file 44
\documentclass{article}
\usepackage{lscape}
\usepackage{dcolumn}
\usepackage{graphicx}
\usepackage{adjustbox}
\begin{document}
\begin{table}[!htbp] \centering
\caption{}\label{}
%\begin{adjustbox}{width=\textwidth}
\begin{tabular}{@{\extracolsep{5pt}}lccc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& \multicolumn{3}{c}{\textit{Dependent variable:}} \\
\cline{2-4}
\\[-1.8ex] & \multicolumn{3}{c}{Sale Price (ln)} \\
%\\[-1.8ex] & \textbf{Weighted DID with Interactions} & \textbf{Weighted DID} & \textbf{Legal Parcel Fixed Effect}\\
\\[-1.8ex] & Weighted DID with Interactions & Weighted DID & Parcel Fixed Effect\\ %\\[-1.8ex] & (1) & (2) & (3)\\
\hline \\[-1.8ex]
Reported Area & 0.0004$^{***}$ (0.0001) & 0.0004$^{***}$ (0.0001) & \\
Calculated Area (ln) & $-$0.134$^{***}$ (0.041) & $-$0.100$^{**}$ (0.043) & \\
% Area Was Reported & $-$0.048 (0.182) & 0.157 (0.187) & \\
Report Exists:Calc. Area (ln) & 0.283$^{***}$ (0.048) & 0.287$^{***}$ (0.049) & \\
Improved Indicator & 1.065$^{***}$ (0.148) & 1.215$^{***}$ (0.152) & 0.572 (0.540) \\
Addtl. Feature Price (ln)& $-$0.018$^{***}$ (0.005) & $-$0.021$^{***}$ (0.005) & $-$1.074$^{***}$ (0.401) \\
% Improved:Value of non-land (ln) & 0.028$^{**}$ (0.012) & 0.033$^{**}$ (0.013) & 0.104$^{**}$ (0.042) \\
In Subdistrict & $-$0.023 (0.110) & $-$0.035 (0.083) & \\
\cline{2-4}
\\[-1.8ex] & \multicolumn{3}{c}{\textbf{Subdistrict Post Formation (2006)}}\\
\cline{2-4}
Groundwater& $-$1.124$^{**}$ (0.554) & & \\
Surface Water & 1.913$^{***}$ (0.438) & & \\
All Parcels & $-$0.037 (0.255) & 0.545$^{***}$ (0.197) & 0.682$^{**}$ (0.290) \\
\cline{2-4}
\\[-1.8ex] & \multicolumn{3}{c}{\textbf{Subdistrict Post Pumping Fee (2009)}} \\
\cline{2-4}
Groundwater & 1.806$^{***}$ (0.676) & & \\
Surface Water & $-$0.699 (0.534) & & \\
All Parcels & $-$0.793$^{***}$ (0.306) & $-$0.799$^{***}$ (0.239) & $-$0.866$^{***}$ (0.268) \\
\hline \\[-1.8ex]
Observations & 3,658 & 3,658 & 1,428 \\
R$^{2}$ & 0.354 & 0.305 & 0.804 \\
Adjusted R$^{2}$ & 0.341 & 0.294 & 0.654 \\
Residual Std. Error & 2.447 (df = 2982) & 2.533 (df = 2994) & 1.658 (df = 777) \\
F Statistic & 27.225$^{***}$ (df = 60; 2982) & 27.407$^{***}$ (df = 48; 2994) & 5.368$^{***}$ (df = 594; 777) \\
\hline
\hline \\[-1.8ex]
\textit{Note:} & \multicolumn{3}{r}{$^{*}$p$<$0.1; $^{**}$p$<$0.05; $^{***}$p$<$0.01} \\
\end{tabular}
%\end{adjustbox}
\end{table}
%-----------------------Logit
\begin{table}[!htbp] \centering
\caption{\label{}}
\begin{tabular}{@{\extracolsep{5pt}}lc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& \multicolumn{1}{c}{\textit{Dependent variable:}} \\
\cline{2-2}
\\[-1.8ex] & Legal Parcel is in Subdistrict One \\
\hline \\[-1.8ex]
Number of Sales Before 2009 & 0.279$^{***}$ (0.083) \\
Calc. Area & 0.001$^{***}$ (0.0005) \\
Area Record Exists & 1.783$^{***}$ (0.188) \\
Groundwater Used in 2002 & 0.253 (0.581) \\
Groundwater Used in 2005 & 1.701$^{***}$ (0.558) \\
Sprinkler Used in 2002 & 3.104$^{***}$ (0.614) \\
Sprinkler Used in 2005 & 0.792 (0.589) \\
Crop Area in 2002 & 0.336 (0.226) \\
Crop Area in 2005 & $-$0.601$^{**}$ (0.249) \\
\% Alfalfa in 2002 & $-$2.454$^{***}$ (0.438) \\
\% Alfalfa in 2005 & $-$2.976$^{***}$ (0.456) \\
\% Small Grains in 2002 & $-$1.064$^{**}$ (0.496) \\
\% Small Grains in 2005 & $-$2.356$^{***}$ (0.524) \\
\% Pasture Land 2002 & $-$1.081$^{***}$ (0.379) \\
\% Pasture Land 2005 & $-$2.634$^{***}$ (0.342) \\
Constant & $-$2.639$^{***}$ (0.215) \\
\hline \\[-1.8ex]
Observations & 1,919 \\
Log Likelihood & $-$707.611 \\
Akaike Inf. Crit. & 1,447.223 \\
\hline
\hline \\[-1.8ex]
\textit{Note: One Entry Per Parcel} & \multicolumn{1}{r}{$^{*}$p$<$0.1; $^{**}$p$<$0.05; $^{***}$p$<$0.01} \\
\end{tabular}
\end{table}
\end{document}

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% chktex-file 44
\documentclass{article}
\usepackage{lscape}
\usepackage{dcolumn}
\usepackage{graphicx}
\usepackage{adjustbox}
\begin{document}
% Table created by stargazer v.5.2.2 by Marek Hlavac, Harvard University. E-mail: hlavac at fas.harvard.edu
% Date and time: Fri, Sep 11, 2020 - 02:36:17 PM
\begin{table}[!htbp] \centering
\caption{\label{}}
\begin{adjustbox}{width=\textwidth}
\begin{tabular}{@{\extracolsep{5pt}}lcc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& \multicolumn{2}{c}{\textit{Dependent variable:}} \\
\cline{2-3}
\\[-1.8ex] & \multicolumn{2}{c}{log(R\_PRICE)} \\
\\[-1.8ex] & (1) & (2)\\
\hline \\[-1.8ex]
Reported Area & 0.0004$^{***}$ & \\
& (0.0001) & \\
& & \\
Has a Reported Area & $-$0.080 & \\
& (0.182) & \\
& & \\
Calculated Area (ln) & $-$0.142$^{***}$ & \\
& (0.041) & \\
& & \\
Improvement & 0.857$^{***}$ & 0.540 \\
& (0.075) & (0.540) \\
& & \\
Non-land Assessed Value & 0.00000$^{***}$ & \\
& (0.00000) & \\
& & \\
Subdistrict & & $-$1.057$^{***}$ \\
& & (0.401) \\
& & \\
Post Fee & $-$0.027 & \\
& (0.110) & \\
& & \\
Post 2006 & 0.176 & \\
& (0.604) & \\
& & \\
Groundwater & & \\
& & \\
& & \\
Surface Water & 0.673$^{***}$ & \\
& (0.160) & \\
& & \\
Has a Reported Area: Calculated Area (ln) & 0.155 & \\
& (0.134) & \\
& & \\
Subdistrict:Post Fee & 0.293$^{***}$ & \\
& (0.048) & \\
& & \\
Subdistrict:Post 2006 & $-$0.899$^{***}$ & \\
& (0.305) & \\
& & \\
Subdistrict:Groundwater & & \\
& & \\
& & \\
Subdistrict:Surface Water & & 0.101$^{**}$ \\
& & (0.042) \\
& & \\
SBD11:P\_2006 & 0.032 & 0.805$^{***}$ \\
& (0.255) & (0.308) \\
& & \\
SBD11:GW\_IND\_2005 & $-$1.213$^{***}$ & \\
& (0.213) & \\
& & \\
SBD11:SW\_IND\_2005 & 0.708$^{***}$ & \\
& (0.185) & \\
& & \\
P\_START\_09:GW\_IND\_2005 & 0.235 & \\
& (0.465) & \\
& & \\
P\_START\_09:SW\_IND\_2005 & $-$0.488 & \\
& (0.378) & \\
& & \\
P\_2006:GW\_IND\_2005 & $-$0.719$^{*}$ & \\
& (0.371) & \\
& & \\
P\_2006:SW\_IND\_2005 & 0.332 & \\
& (0.315) & \\
& & \\
SBD11:P\_START\_09:GW\_IND\_2005 & 1.874$^{***}$ & \\
& (0.676) & \\
& & \\
SBD11:P\_START\_09:SW\_IND\_2005 & $-$0.626 & \\
& (0.533) & \\
& & \\
SBD11:P\_2006:GW\_IND\_2005 & $-$1.139$^{**}$ & \\
& (0.554) & \\
& & \\
SBD11:P\_2006:SW\_IND\_2005 & 1.832$^{***}$ & \\
& (0.437) & \\
& & \\
SBD11:P\_2009 & & $-$0.948$^{***}$ \\
& & (0.281) \\
& & \\
Constant & 9.361$^{***}$ & $-$0.045 \\
& (0.354) & (5.623) \\
& & \\
\hline \\[-1.8ex]
Observations & 3,658 & 1,428 \\
R$^{2}$ & 0.354 & 0.804 \\
Adjusted R$^{2}$ & 0.341 & 0.654 \\
Residual Std. Error & 2.447 (df = 2983) & 1.658 (df = 778) \\
F Statistic & 27.689$^{***}$ (df = 59; 2983) & 5.378$^{***}$ (df = 593; 778) \\
\hline
\hline \\[-1.8ex]
\textit{Note:} & \multicolumn{2}{r}{$^{*}$p$<$0.1; $^{**}$p$<$0.05; $^{***}$p$<$0.01} \\
\end{tabular}
\end{adjustbox}
\end{table}
\end{document}

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\begin{table}[H]
\caption{Hedonic models when using potatoes and county to identify treatment group}
\label{REG:ALT_TREAT}
\centering
\begin{tabular}{lcccc}
\midrule \midrule
Dependent Variable: & \multicolumn{4}{c}{Price (ln)}\\
& \multicolumn{2}{c}{\underline{\textbf{Sbd1. Formation and Pumping}}} & \multicolumn{2}{c}{\underline{\textbf{Only Sbd1. Formation}}}\\
& Actual Sbd1. & Placebo & Actual Sbd1. & Placebo\\
Model: & (1) & (2) & (3) & (4)\\
\midrule
\emph{Variables}\\
Sbd.1:Post 2006 & -0.5317$^{**}$ & -0.4396 & -0.2767$^{*}$ & -0.2843$^{*}$\\
& (0.2362) & (0.2661) & (0.1446) & (0.1490)\\
Sbd.1:Post 2011 & 0.4343 & 0.2833 & & \\
& (0.2608) & (0.2864) & & \\
Crop Area (ln) & 0.9239$^{***}$ & 0.9282$^{***}$ & 0.9292$^{***}$ & 0.9320$^{***}$\\
& (0.0490) & (0.0495) & (0.0481) & (0.0491)\\
Distance from Ditch (ln) & -0.0604$^{*}$ & -0.0588 & -0.0575 & -0.0606\\
& (0.0348) & (0.0372) & (0.0353) & (0.0370)\\
Well Pumping Rights (ln) & 0.0066 & 0.0031 & 0.0056 & 0.0028\\
& (0.0076) & (0.0083) & (0.0075) & (0.0081)\\
Sbd1:Well Pumping Rights (ln) & 0.0350$^{*}$ & 0.0381$^{*}$ & 0.0338 & 0.0370$^{*}$\\
& (0.0203) & (0.0192) & (0.0205) & (0.0191)\\
\% Potatoes & 0.6712$^{***}$ & 0.7234$^{***}$ & 0.6927$^{***}$ & 0.7535$^{***}$\\
& (0.1708) & (0.1618) & (0.1662) & (0.1698)\\
\% Small Grains & 0.4364$^{***}$ & 0.4628$^{***}$ & 0.4540$^{***}$ & 0.4788$^{***}$\\
& (0.1330) & (0.1160) & (0.1297) & (0.1149)\\
\% Alfalfa & 0.1881 & 0.1879$^{*}$ & 0.1811 & 0.1834$^{*}$\\
& (0.1148) & (0.1119) & (0.1125) & (0.1092)\\
Value of Buildings (ln) & 0.0014 & 0.0019 & 0.0014 & 0.0018\\
& (0.0024) & (0.0024) & (0.0024) & (0.0024)\\
\midrule
\emph{Fixed-effects}\\
Ditch & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
Subdistricts 1-6 & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
Year & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
County & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
Sbd.1 & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
No Reported Acreage & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
\midrule
\emph{Fit statistics}\\
Observations & 463 & 463 & 463 & 463\\
R$^2$ & 0.75014 & 0.74734 & 0.74625 & 0.74584\\
Within R$^2$ & 0.55027 & 0.53201 & 0.54327 & 0.52923\\
\midrule \midrule
\multicolumn{5}{l}{\emph{Clustered (Arbitrary Spatial Region \& Year) standard errors in parentheses}}\\
\multicolumn{5}{l}{\emph{Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\
\end{tabular}
\par \raggedright
\footnotesize Models two and four identify a parcel as in Sbd1. if potatoes were grown after 1998, and if it is in Rio Grande, Saguache, or Alamosa County.\\
\emph{Post 2006/2011} are one on or after the indicated year. For example, both Post 2006 and Post 2011 are one in the year 2011.
\end{table}

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\begin{table} [!htbp]
\caption{Hedonic models of Subdistrict One outcomes}\label{REG:ALL_MODELS}
\resizebox{.5\textwidth}{!}{
\begin{tabular}{lccccc}
\midrule \midrule
Dependent Variable: & \multicolumn{5}{c}{Price (ln)}\\
& \multicolumn{3}{c}{ } & \multicolumn{2}{c}{\underline{\bf{Parcel Fixed Effect}}} \\
& IPTW & Matched & No Adj. & IPTW & No Adj. \\
Model: & (1) & (2) & (3) & (4) & (5)\\
\midrule
\emph{Variables}\\
\bf{Sbd.1:Post 2006} & -0.5677$^{**}$ & -0.5239$^{**}$ & -0.5317$^{**}$ & -0.5211$^{*}$ & -0.5033$^{*}$\\
& (0.2263) & (0.2092) & (0.2362) & (0.2946) & (0.2798)\\
\bf{Sbd.1:Post 2011} & 0.5013$^{**}$ & 0.4032$^{*}$ & 0.4343 & 0.3687 & 0.4560$^{*}$\\
& (0.2436) & (0.2331) & (0.2608) & (0.2572) & (0.2478)\\
Crop Area (ln) & 0.9052$^{***}$ & 0.9269$^{***}$ & 0.9239$^{***}$ & & \\
& (0.0567) & (0.0671) & (0.0490) & & \\
Distance from Ditch (ln) & -0.0377 & -0.0498 & -0.0604$^{*}$ & & \\
& (0.0430) & (0.0477) & (0.0348) & & \\
Well Pumping Rights (ln) & 0.0066 & 0.0094 & 0.0066 & & \\
& (0.0085) & (0.0081) & (0.0076) & & \\
Sbd1:Well Pumping Rights (ln) & 0.0382$^{*}$ & 0.0325 & 0.0350$^{*}$ & & \\
& (0.0204) & (0.0219) & (0.0203) & & \\
\% Potatoes & 0.4657$^{**}$ & 0.6323$^{***}$ & 0.6712$^{***}$ & & \\
& (0.2032) & (0.1704) & (0.1708) & & \\
\% Small Grains & 0.3340$^{**}$ & 0.4105$^{***}$ & 0.4364$^{***}$ & & \\
& (0.1559) & (0.1447) & (0.1330) & & \\
\% Alfalfa & 0.1412 & 0.1418 & 0.1881 & & \\
& (0.1200) & (0.1194) & (0.1148) & & \\
Value of Buildings (ln) & -0.0003 & 0.0007 & 0.0014 & & \\
& (0.0029) & (0.0023) & (0.0024) & & \\
\midrule
\emph{Fixed-effects}\\
Ditch & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
Subdistricts 1-6 & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
Year & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
County & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
No Reported Acreage & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
Parcel & & & & $\checkmark$ & $\checkmark$\\
\midrule
\emph{Fit statistics}\\
Observations & 463 & 420 & 463 & 718 & 718\\
R$^2$ & 0.75359 & 0.75107 & 0.75014 & 0.95687 & 0.95285\\
Within R$^2$ & 0.55605 & 0.51782 & 0.55027 & 0.04475 & 0.03939\\
\midrule \midrule
\multicolumn{6}{l}{\hspace{0.10cm}\emph{- Clustered (Arbitrary Spatial Region \& Year) standard errors in parentheses}}\\
\multicolumn{6}{l}{\hspace{0.10cm}\emph{- Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\
\multicolumn{6}{l}{\hspace{0.0cm} - \emph{Post 2006/2011} are one on or after the indicated year. For example,}\\
\multicolumn{6}{l}{\hspace{0.3cm} both Post 2006 and Post 2011 are one in the year 2011.}\\
\multicolumn{6}{l}{\hspace{0.0cm} - Standard errors are clustered by arbitrary spatial regions which were generated}\\
\multicolumn{6}{l}{\hspace{0.3cm} by creating a two-mile by two-mile grid in the study area.}\\
\midrule
\end{tabular}
}
\end{table}

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\begin{table}[!htbp]
\centering
\caption{Hedonic models of Subdistrict One outcomes}\label{REG:ALL_MODELS}
\begin{tabular}{lccccc}
\midrule \midrule
Dependent Variable: & \multicolumn{5}{c}{Price (ln)}\\
& \multicolumn{3}{c}{ } & \multicolumn{2}{c}{\underline{\bf{Parcel Fixed Effect}}} \\
& IPTW & Matched & No Adj. & IPTW & No Adj. \\
Model: & (1) & (2) & (3) & (4) & (5)\\
\midrule
\emph{Variables}\\
\bf{Sbd.1:Post 2006} & -0.5677$^{**}$ & -0.5239$^{**}$ & -0.5317$^{**}$ & -0.4558$^{*}$ & -0.5254$^{*}$\\
& (0.2263) & (0.2092) & (0.2362) & (0.2619) & (0.2623)\\
\bf{Sbd.1:Post 2011} & 0.5013$^{**}$ & 0.4032$^{*}$ & 0.4343 & 0.3536 & 0.4382$^{*}$\\
& (0.2436) & (0.2331) & (0.2608) & (0.2559) & (0.2470)\\
Crop Area (ln) & 0.9052$^{***}$ & 0.9269$^{***}$ & 0.9239$^{***}$ & & \\
& (0.0567) & (0.0671) & (0.0490) & & \\
Distance from Ditch (ln) & -0.0377 & -0.0498 & -0.0604$^{*}$ & & \\
& (0.0430) & (0.0477) & (0.0348) & & \\
Well Pumping Rights (ln) & 0.0066 & 0.0094 & 0.0066 & & \\
& (0.0085) & (0.0081) & (0.0076) & & \\
Sbd1:Well Pumping Rights (ln) & 0.0382$^{*}$ & 0.0325 & 0.0350$^{*}$ & & \\
& (0.0204) & (0.0219) & (0.0203) & & \\
\% Potatoes & 0.4657$^{**}$ & 0.6323$^{***}$ & 0.6712$^{***}$ & & \\
& (0.2032) & (0.1704) & (0.1708) & & \\
\% Small Grains & 0.3340$^{**}$ & 0.4105$^{***}$ & 0.4364$^{***}$ & & \\
& (0.1559) & (0.1447) & (0.1330) & & \\
\% Alfalfa & 0.1412 & 0.1418 & 0.1881 & & \\
& (0.1200) & (0.1194) & (0.1148) & & \\
Value of Buildings (ln) & -0.0003 & 0.0007 & 0.0014 & & \\
& (0.0029) & (0.0023) & (0.0024) & & \\
\midrule
\emph{Fixed effects}\\
Ditch & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
Subdistricts 1-6 & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
Year & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
County & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
No Reported Acreage & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
Parcel & & & & $\checkmark$ & $\checkmark$\\
\midrule
\emph{Fit statistics}\\
Observations & 463 & 420 & 463 & 748 & 748\\
R$^2$ & 0.75359 & 0.75107 & 0.75014 & 0.95482 & 0.94923\\
Within R$^2$ & 0.55605 & 0.51782 & 0.55027 & 0.03159 & 0.03980\\
\midrule \midrule
\multicolumn{6}{l}{\hspace{0.10cm}\emph{- Clustered (Arbitrary Spatial Region \& Year) standard errors in parentheses}}\\
\multicolumn{6}{l}{\hspace{0.10cm}\emph{- Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\
\multicolumn{6}{l}{\hspace{0.0cm} - \emph{Post 2006/2011} are one on or after the indicated year. For example,}\\
\multicolumn{6}{l}{\hspace{0.3cm} both Post 2006 and Post 2011 are one in the year 2011.}\\
\multicolumn{6}{l}{\hspace{0.0cm} - Standard errors are clustered by arbitrary spatial regions which were generated}\\
\multicolumn{6}{l}{\hspace{0.3cm} by creating a two-mile by two-mile grid in the study area.}\\
\midrule
\end{tabular}
\end{table}

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\begingroup
\centering
\begin{tabular}{lccc}
\tabularnewline \midrule \midrule
Dependent Variable: & \multicolumn{3}{c}{Sale Price (log of USD)}\\
& Matched & IPTW & OLS \\
Model: & (1) & (2) & (3)\\
\midrule
\emph{Variables}\\
Sbd1:Post 2002 & -0.8535$^{***}$ & -0.8617$^{***}$ & -0.7121$^{***}$\\
& (0.1724) & (0.1967) & (0.1466)\\
Sbd1:Post 2006 & 0.5477$^{*}$ & 0.7440$^{**}$ & 0.5285$^{**}$\\
& (0.2852) & (0.3373) & (0.1976)\\
Sbd1:Post 2011 & 0.0965 & -0.7615$^{*}$ & -0.0428\\
& (0.3615) & (0.3904) & (0.3054)\\
In Sbd1 & 0.9860$^{***}$ & 1.208$^{***}$ & 0.4337$^{**}$\\
& (0.2095) & (0.3909) & (0.1676)\\
Parcel Area (log) & 0.3177$^{***}$ & 0.3250$^{***}$ & 0.3376$^{***}$\\
& (0.0568) & (0.0609) & (0.0382)\\
Additions (log of USD) & 0.0171$^{***}$ & 0.0191$^{**}$ & 0.0224$^{***}$\\
& (0.0049) & (0.0073) & (0.0040)\\
\midrule
\emph{Fixed effects}\\
Ditch & $\checkmark$ & $\checkmark$ & $\checkmark$\\
Sbd2:Post 2016 & $\checkmark$ & $\checkmark$ & $\checkmark$\\
Year & $\checkmark$ & $\checkmark$ & $\checkmark$\\
County & $\checkmark$ & $\checkmark$ & $\checkmark$\\
Area data absent & $\checkmark$ & $\checkmark$ & $\checkmark$\\
\midrule
\emph{Fit statistics}\\
Observations & 1,356 & 2,245 & 2,245\\
R$^2$ & 0.33675 & 0.39374 & 0.31607\\
Within R$^2$ & 0.09066 & 0.11823 & 0.10157\\
\midrule \midrule
\multicolumn{4}{l}{\emph{Clustered (Spatial Cluster \& Year) standard errors in parentheses}}\\
\multicolumn{4}{l}{\emph{Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\
\end{tabular}
\par \raggedright
Spatial clustering is done by applying a two mile by two mile square grid across the study area\\
The dummy variable Post 2002, 2006, and 2011 are always one after the indicated year\\
Subdistrict Two was formed in 2016\\
County fixed effects include Rio Grande, Alamosa, Saguache, and Conejos\\
Ditch effects capture the nine largest ditch systems in the SLV\\
The \emph{Area data absent} dummy is one if the county assessor does not report the area of the parcel. In these cases the area is calculated with GIS tools.
\par\endgroup

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% chktex-file 44
% Table created by stargazer v.5.2.2 by Marek Hlavac, Harvard University. E-mail: hlavac at fas.harvard.edu
% Date and time: Tue, Apr 27, 2021 - 05:20:00 PM
\begin{table}[ht] \centering
\caption{Matched pretreatment unit comparison}\label{MATCHCOMP}
\begin{tabular}{@{\extracolsep{5pt}} cccc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& Control & Matched Control & Subdistrict One \\
\hline \\[-1.8ex]
Number of Parcels & 1071 & 450 & 450 \\
Number of Sales & 1781 & 766 & 871 \\
Total Area (acres) & 119432 & 49520 & 53831 \\
Med. Area (acres) & 112 & 110 & 120 \\
Med. First Sale Date & 2000 & 2001 & 1995 \\
Med. Crop Cover & 70\% & 67\% & 74\% \\
Groundwater & 31\% & 69\% & 98\% \\
Surface Water & 94\% & 86\% & 85\% \\
With Wells & 11\% & 26\% & 78\% \\
Sprinkler & 14\% & 32\% & 90\% \\
Flood & 66\% & 49\% & 3\% \\
Fallow & 14\% & 21\% & 6\% \\
Alfalfa & 28\% & 49\% & 26\% \\
Small Grains & 6\% & 13\% & 31\% \\
Pasture & 60\% & 24\% & 4\% \\
Potatoes & 0.3\% & 0.8\% & 33.4\% \\
Other & 0.3\% & 0.7\% & 6.1\% \\
\hline \\[-1.8ex]
\end{tabular}
\end{table}

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\begin{table}[ht]
\caption{Attribute balance change from matching procedure}\label{TBL:MATCH_BAL}
\centering
\begin{tabular}{c}
\includegraphics[width=0.95\textwidth]{Matched_Balance.png}
\end{tabular}
\end{table}

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% chktex-file 44
% Table created by stargazer v.5.2.2 by Marek Hlavac, Harvard University. E-mail: hlavac at fas.harvard.edu
% Date and time: Mon, Apr 26, 2021 - 06:17:00 PM
\begin{table}[!htbp] \centering
\caption{Parcel summary statistics}\label{CRPSUM}
\begin{tabular}{@{\extracolsep{5pt}} ccc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& Control & Subdistrict One \\
\hline \\[-1.8ex]
Mean Crop Cover & 70\% & 74\% \\
Groundwater & 31\% & 98\% \\
Surface Water & 94\% & 85\% \\
With Wells & 11\% & 78\% \\
Sprinkler & 14\% & 90\% \\
Flood & 66\% & 3\% \\
Fallow & 14\% & 6\% \\
Alfalfa & 28\% & 26\% \\
Small Grains & 6\% & 31\% \\
Pasture & 60\% & 4\% \\
Potato & 0.3\% & 33.4\% \\
Other & 0.3\% & 6.1\% \\
\hline \\[-1.8ex]
\multicolumn{1}{c}\textit{Note: All crop data taken from 2002 and 2005}\\
\hline
\hline \\[-1.8ex]
\end{tabular}
\end{table}

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\begin{longtable}{lccccc} %[htbp]
\captionsetup{justification=raggedright,singlelinecheck=false}
\caption{\label{REG:2006_MODELS} Hedonic models of Subdistrict One outcomes without pumping fee interactions}\\
\hline
\hline
Dependent Variable: & \multicolumn{5}{c}{Price (ln)}\\
& \multicolumn{3}{c}{ } & \multicolumn{2}{c}{\underline{\textbf{Parcel Fixed Effect}}} \\
& IPTW & Matched & No Adj. & IPTW & No Adj. \\
Model: & (1) & (2) & (3) & (4) & (5)\\
\endfirsthead
\midrule
\ul{\emph{Variables}}\\
\textbf{Sbd.1:Post 2006} & -0.2600$^{*}$ & -0.2893$^{**}$ & -0.2767$^{*}$ & -0.3347 & -0.2821\\
& (0.1421) & (0.1301) & (0.1446) & (0.2389) & (0.2339)\\
Crop Area (ln) & 0.9139$^{***}$ & 0.9327$^{***}$ & 0.9292$^{***}$ & & \\
& (0.0522) & (0.0655) & (0.0481) & & \\
Distance from Ditch (ln) & -0.0271 & -0.0468 & -0.0575 & & \\
& (0.0449) & (0.0477) & (0.0353) & & \\
Well Pumping Rights (ln) & 0.0045 & 0.0079 & 0.0056 & & \\
& (0.0082) & (0.0079) & (0.0075) & & \\
Sbd1:Well Pumping Rights (ln) & 0.0371$^{*}$ & 0.0318 & 0.0338 & & \\
& (0.0210) & (0.0221) & (0.0205) & & \\
\% Potatoes & 0.5016$^{**}$ & 0.6537$^{***}$ & 0.6927$^{***}$ & & \\
& (0.1937) & (0.1657) & (0.1662) & & \\
\% Small Grains & 0.3570$^{**}$ & 0.4273$^{***}$ & 0.4540$^{***}$ & & \\
& (0.1490) & (0.1405) & (0.1297) & & \\
\% Alfalfa & 0.1269 & 0.1347 & 0.1811 & & \\
& (0.1183) & (0.1160) & (0.1125) & & \\
Value of Buildings (ln) & -0.0003 & 0.0008 & 0.0014 & & \\
& (0.0029) & (0.0023) & (0.0024) & & \\
\midrule
\ul{\emph{Fixed-effects}}\\
Ditch & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
Subdistricts 1-6 & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
Year & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
County & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
Sbd.1 & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
No Reported Acreage & $\checkmark$ & $\checkmark$ & $\checkmark$ & & \\
Parcel & & & & $\checkmark$ & $\checkmark$\\
\midrule
\ul{\emph{Fit statistics}}\\
Observations & 463 & 420 & 463 & 718 & 718\\
R$^2$ & 0.74694 & 0.74748 & 0.74625 & 0.95610 & 0.95181\\
Within R$^2$ & 0.54407 & 0.51085 & 0.54327 & 0.02778 & 0.01801\\
\midrule \midrule
\multicolumn{6}{l}{\emph{Clustered (Arbitrary Spatial Region \& Year) standard errors in parentheses}}\\
\multicolumn{6}{l}{\emph{Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\
\midrule \midrule
\end{longtable}

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% chktex-file 44
\FloatBarrier
\begin{table}[!htbp]
\centering
\caption{Pretreatment attributes of Subdistrict One parcels sold after 2006}\label{SBDCOMPSOLD}
\begin{tabular}{@{\extracolsep{5pt}} ccc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& Unsold & Sold \\
\hline \\[-1.8ex]
Number of Parcels & 254 & 196 \\
Area (acres) & 134 & 101 \\
Max Crop Cover & 75\% & 73\% \\
Groundwater & 98\% & 97\% \\
Surface Water & 86\% & 85\% \\
With Wells & 81\% & 73\% \\
Sprinkler & 92\% & 87\% \\
Flood & 3\% & 3\% \\
Fallow & 6\% & 6\% \\
Alfalfa & 25\% & 27\% \\
Small Grains & 29\% & 32\% \\
Pasture & 4\% & 3\% \\
Potato & 35.1\% & 31.1\% \\
Other & 6.6\% & 5.5\% \\
\hline
\hline \\[-1.8ex]
\end{tabular}
\end{table}
\FloatBarrier

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\begin{longtable}{lcc} %[htbp]
\captionsetup{justification=raggedright,singlelinecheck=false}
\caption{\label{TBL:PRICE_ROB}Alternative specifications with price controls} \\
\hline
\hline
Dependent Variable: & \multicolumn{2}{c}{Price (ln)}\\
& Cumulative Shock & PPI\\
Model: & (1) & (2)\\
\endfirsthead
\endhead
\midrule
\ul{\emph{Variables}}\\
Sbd.1:Post 2006 & -0.5837$^{***}$ & -0.4762\\
& (0.1926) & (0.2916)\\
Sbd.1:Post 2011 & 0.4357$^{**}$ & 0.3227\\
& (0.2065) & (0.3332)\\
\% Potatoes & 0.6191$^{***}$ & 0.6514$^{***}$\\
& (0.1860) & (0.2144)\\
\% Small Grains & 0.4190$^{**}$ & 0.3393$^{**}$\\
& (0.1781) & (0.1674)\\
\% Alfalfa & 0.1311 & 0.1803\\
& (0.1189) & (0.1152)\\
Cum. Shock Alfalfa & 0.4592 & \\
& (0.3997) & \\
Cum. Shock Potatoes & 0.0356 & \\
& (0.1209) & \\
Sbd.1 $\times$ Cum. Shock Alfalfa & -0.3194 & \\
& (0.2686) & \\
Sbd.1 $\times$ Cum. Shock Potatoes & -0.0395 & \\
& (0.1385) & \\
Change in Potato Ind. & & -0.0007\\
& & (0.0770)\\
Change in Alf. Ind. & & 0.0175\\
& & (0.2077)\\
Sbd.1 $\times$ Change in Potato Ind. & & -0.0066\\
& & (0.1011)\\
Sbd.1 $\times$ Change in Alf. Ind. & & 0.0843\\
& & (0.3120)\\
Crop Area (ln) & 0.9558$^{***}$ & 0.9568$^{***}$\\
& (0.0459) & (0.0601)\\
Well Pumping Rights (ln) & 0.0053 & 0.0126\\
& (0.0079) & (0.0095)\\
Sbd1:Well Pumping Rights (ln) & 0.0267 & 0.0214\\
& (0.0180) & (0.0252)\\
Value of Buildings (ln) & 0.0015 & -0.0007\\
& (0.0035) & (0.0039)\\
\midrule
\ul{\emph{Fixed-effects}}\\
Ditch & $\checkmark$ & $\checkmark$\\
Subdistricts 1-6 & $\checkmark$ & $\checkmark$\\
Year & $\checkmark$ & $\checkmark$\\
County & $\checkmark$ & $\checkmark$\\
Sbd.1 & $\checkmark$ & $\checkmark$\\
No Reported Acreage & $\checkmark$ & $\checkmark$\\
\midrule
\ul{\emph{Fit} \emph{statistics}}\\
Observations & 372 & 366\\
R$^2$ & 0.74769 & 0.73980\\
Within R$^2$ & 0.58169 & 0.55216\\
\midrule \midrule
\multicolumn{3}{l}{\emph{a)} Clustered (Arbitrary Spatial Region \& Year) standard errors in parentheses.}\\
\multicolumn{3}{l}{\emph{b)} Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}\\
\multicolumn{3}{l}{\emph{c)} \emph{Change in Potatoes Ind.} is the year-to-date change in the producer price}\\
\multicolumn{3}{l}{\hspace{0.45cm} index of potatoes.}\\
\multicolumn{3}{l}{\emph{d)} \emph{Change in Alf. Ind.} is the year-to-date change in the producer price index}\\
\multicolumn{3}{l}{\hspace{0.45cm} of alfalfa.}\\
\multicolumn{3}{l}{\emph{e)} \emph{Cum. Shock} variables are the cumulative residual errors from the VAR model}\\
\multicolumn{3}{l}{\hspace{0.45cm} estimates of the respective producer price index.}\\
\midrule \midrule
\end{longtable}

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% chktex-file 44
\begingroup
\renewcommand{\arraystretch}{0.4}
\begin{table}[!htbp] \centering
\caption{Model comparison}\label{results}
\begin{tabular}{@{\extracolsep{2pt}}lD{.}{.}{-3} D{.}{.}{-3} D{.}{.}{-3} }
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& & & \\
& \multicolumn{3}{c}{\textit{Dependent variable:}} \\
\cline{2-4}
& & & \\
\\[-1.8ex] & \multicolumn{3}{c}{Sale Price log(\$)} \\
& & & \\
\\[-1.8ex] & \multicolumn{2}{c}{\textbf{Matched}} & \multicolumn{1}{c}{\textbf{Fixed Effect}} \\
& & & \\
\\[-1.8ex] & \multicolumn{1}{c}{(All Parcels)} & \multicolumn{1}{c}{(80 Acres or less)} & \multicolumn{1}{c}{(All Parcels)}\\
\hline \\[-1.8ex]
& & & \\
Subd1:Post 2002 & -0.943^{***} & -0.785^{**} & -0.761^{**} \\
& (0.273) & (0.389) & (0.361) \\
& & & \\
Subd1:Post 2006 & 0.667^{**} & 1.347^{***} & 0.830^{**} \\
& (0.331) & (0.458) & (0.402) \\
& & & \\
Subd1:Post 2011 & -0.131 & -0.557 & -0.642^{*} \\
& (0.295) & (0.386) & (0.342) \\
\hline \\[-1.8ex]
& & & \\
Subdistrict One & 0.288 & -0.325 & \\
& (0.205) & (0.253) & \\
& & & \\
Surface Water Ind. & 0.310 & -0.038 & \\
& (0.201) & (0.241) & \\
& & & \\
Groundwater Ind. & -0.269^{*} & -0.103 & \\
& (0.151) & (0.213) & \\
& & & \\
Has Well Ind. & 0.144 & 0.416^{*} & \\
& (0.158) & (0.214) & \\
& & & \\
Subd1:Has Well Ind. & 0.315 & -0.327 & \\
& (0.223) & (0.282) & \\
& & & \\
Area (log) & 0.492^{***} & 0.283^{***} & \\
& (0.039) & (0.074) & \\
& & & \\
Data Issue Ind. & -0.616^{***} & -0.205 & \\
& (0.135) & (0.208) & \\
& & & \\
Land Additions (log\$) & 0.025^{***} & 0.034^{***} & \\
& (0.004) & (0.005) & \\
& & & \\
Constant & 9.078^{***} & 10.142^{***} & 11.639^{***} \\
& (0.387) & (0.559) & (0.593) \\
& & & \\
\hline \\[-1.8ex]
& & & \\
Observations & \multicolumn{1}{c}{1,363} & \multicolumn{1}{c}{639} & \multicolumn{1}{c}{746} \\
R$^{2}$ & \multicolumn{1}{c}{0.249} & \multicolumn{1}{c}{0.208} & \multicolumn{1}{c}{0.825} \\
Adjusted R$^{2}$ & \multicolumn{1}{c}{0.217} & \multicolumn{1}{c}{0.134} & \multicolumn{1}{c}{0.678} \\
Residual Std. Error & \multicolumn{1}{c}{1.613 (df = 1307)} & \multicolumn{1}{c}{1.494 (df = 583)} & \multicolumn{1}{c}{1.392 (df = 405)} \\
F Statistic & \multicolumn{1}{c}{7.867$^{***}$ } & \multicolumn{1}{c}{2.788$^{***}$ } & \multicolumn{1}{c}{5.606$^{***}$ } \\
\hline
\hline \\[-1.8ex]
& & & \\
\textit{Note:} & \multicolumn{3}{r}{$^{*}$p$<$0.1; $^{**}$p$<$0.05; $^{***}$p$<$0.01} \\
\end{tabular}
\end{table}
\endgroup

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% chktex-file 44
\begin{table}
\centering
\caption{Net response of Subdistrict One parcels sold after 2006}\label{RESP}
\begin{tabular}{@{\extracolsep{5pt}} ccccccc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
\\[-1.8ex] & \multicolumn{2}{c}{All Parcels}& \multicolumn{2}{c}{Under 80 Acres}& \multicolumn{2}{c}{Over 80 Acres} \\
\cline{2-3} \cline{4-5} \cline{6-7} \\[-1.8ex]
& Unsold & Sold & Unsold & Sold & Unsold & Sold \\
\cline{2-5}
\hline \\[-1.8ex]
Number of Parcels & 254 & 196 & 89 & 104 & 165 & 92 \\
Total Growing Acres & 25800 & 14800 & 1700 & 2100 & 24200 & 12700 \\
Mean Growing Acres & 102 & 75 & 19 & 20 & 146 & 138 \\ \\
& \multicolumn{5}{c} \bf{Net Change in Crop Choice} \\
\hline
Fallow & 6.6\% & 7.6\% & 21.8\% & 26.6\% & 5.4\% & 4.3\% \\
Alfalfa & -1.3\% & -6.8\% & -6.8\% & -6.8\% & -0.8\% & -6.8\% \\
Grass Pasture & 3.3\% & 5.3\% & 0.9\% & 4.9\% & 3.5\% & 5.3\% \\
Small Grains & 0.4\% & -4.1\% & -11.9\% & -12.9\% & 1.4\% & -2.6\% \\
Potatoes & -8.6\% & -4.9\% & -7.9\% & -10.1\% & -8.6\% & -4.0\% \\
Other & 1.4\% & 4.5\% & 4.2\% & 0.7\% & 1.2\% & 5.1\% \\
\hline \\[-1.8ex]
\end{tabular}
\end{table}

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% latex table generated in R 4.4.0 by xtable 1.8-4 package
% Sun Jun 2 17:27:45 2024
\begin{table}[!htp]
\caption{Balance statistics of \ac{SBD1} parcels by selling period}
\label{TB:SBD1BAL}
\centering
\begin{tabular}{l|cccc|c}
\hline
\hline
& \multicolumn{2}{c}{\bf{Sold Before 2006}} & \multicolumn{2}{c}{\bf{Sold After 2006}} &\\
& Average & S.D & Average & S.D. & Change \\
\hline
Sale Price (USD per Acre) & \$3,815 & \$2,372& \$3,583 & \$1,844 & -\$232 \\
Area (Acres) & 176& 65.44 & 170& 64.17 & -6\\
Area of Crops (Acres) & 137& 51.99 & 125& 55.18 & -12\\
Potatoes (\%) & 0.41 & 0.30 & 0.34 & 0.31 & -10\% \\
Alfalfa (\%) & 0.20 & 0.30 & 0.23 & 0.33 & 3\% \\
Small Grains (\%) & 0.32 & 0.25 & 0.32 & 0.27 & 1\% \\
Pasture (\%) & 0.02 & 0.09 & 0.04 & 0.15 & 2\% \\
Fallow (\%) & 0.07 & 0.07 & 0.13 & 0.13 & 6\% \\
Uses a Ditch (yes/no) & 0.93 & 0.26 & 0.97 & 0.16 & 4\% \\
Uses a Well (yes/no) & 1.00 & 0.07 & 0.99 & 0.11 & -1\% \\
Ditch Distance (meters) & 4,763& 2,578& 4,919& 2,606& 156 \\
Water Rights (AF/Year) & 7.14 & 5.74 & 6.50 & 5.67 & -0.64\\
Building Value (USD) & 2,068 & 5,577 & 2,881& 7,607& \$813 \\
\hline
\multicolumn{6}{l}{Note: \emph{Change} is the difference between average values of parcels sold, before and after 2006.}\\
\multicolumn{6}{l}{Percentage values are rounded to two decimal places.}\\
\multicolumn{6}{l}{\emph{Ditch Distance} and \emph{Building Value} are rounded to the nearest whole number.}\\
\hline
\hline
\end{tabular}
\end{table}

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% latex table generated in R 4.4.0 by xtable 1.8-4 package
% Sun Jun 2 17:27:45 2024
\begin{table}[!htp]
\centering
\caption{Balance statistics of \ac{SBD1} parcels by selling period}
\label{TB:SBD1BAL}
\begin{tabular}{l|cccc|c}
\hline
\hline
& \multicolumn{2}{c}{\bf{Sold Before 2006}} & \multicolumn{2}{c}{\bf{Sold After 2006}} &\\
& Average & S.D & Average & S.D. & Change \\
\hline
Sale Price (USD per Acre) & \$3,815 & \$2,372&\$3,583 & \$1,844 & -6\% \\
Area (Acres) & 176& 65.44 & 170& 64.17 & -3\% \\
Area of Crops (Acres) & 137& 51.99 & 125& 55.18 & -9\% \\
Potatoes (\%) & 0.41 & 0.30 & 0.34 & 0.31 & -18\% \\
Alfalfa (\%) & 0.20 & 0.30 & 0.23 & 0.33 & 17\% \\
Small Grains (\%) & 0.32 & 0.25 & 0.32 & 0.27 & 2\% \\
Pasture (\%) & 0.02 & 0.09 & 0.04 & 0.15 & 121\% \\
Fallow (\%) & 0.07 & 0.07 & 0.13 & 0.13 & 84\% \\
Uses a Ditch (yes/no) & 0.93 & 0.26 & 0.97 & 0.16 & 5\% \\
Uses a Well (yes/no) & 1.00 & 0.07 & 0.99 & 0.11 & -1\% \\
Ditch Distance (meters) & 4,763& 2,578& 4,919& 2,606& 3\% \\
Water Rights (AF/Year) & 7.14 & 5.74 & 6.50 & 5.67 & -9\% \\
Building Value (USD) & 2,068 & 5,577 & 2,881& 7,607& 39\% \\
\hline
\multicolumn{6}{l}{\footnotesize Note: \emph{Change} is the difference between average values of parcels sold, before and after 2006.}\\
\multicolumn{6}{l}{\footnotesize Percentage values are rounded to two decimal places.}\\
\multicolumn{6}{l}{\footnotesize \emph{Ditch Distance} and \emph{Building Value} are rounded to the nearest whole number.}\\
\multicolumn{6}{l}{\footnotesize Percentage changes may differ from reported values due to independent rounding.}\\
\hline
\end{tabular}
\end{table}

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% latex table generated in R 4.4.0 by xtable 1.8-4 package
% Sun Jun 2 17:27:45 2024
\begin{table}[!htp]
\caption{Balance statistics of sold \ac{SBD1} and control parcels}
\label{TBL:BAL}
\centering
\begin{tabular}{l|cccc|c}
\hline
\hline
& \multicolumn{2}{c}{\bf{\ac{SBD1}}} & \multicolumn{2}{c}{\bf{Control}} &\\
& Average & S.D. & Average & S.D. & Difference\\
\hline
Sale Price (USD Per Acre) & \$3,750 & \$2,235 & \$2,805 &\$1,857 & \$945 \\
Area (Acres) & 174 & 64.19 & 138 & 128.37 & 36 \\
Area of Crops (Acres) & 134 & 51.79 & 106 & 106.41 & 28 \\
Potatoes (\%) & 0.40 & 0.30 & 0.02 & 0.08 & 38\% \\
Alfalfa (\%) & 0.20 & 0.30 & 0.38 & 0.35 & -21\% \\
Small Grains (\%) & 0.32 & 0.26 & 0.11 & 0.19 & -2\% \\
Pasture (\%) & 0.02 & 0.11 & 0.42 & 0.38 & -40\% \\
Fallow (\%) & 0.08 & 0.12 & 0.16 & 0.18 & -8\% \\
Uses a Ditch (yes/no) & 0.93 & 0.25 & 0.99 & 0.12 & -6\% \\
Uses a Well (yes/no) & 0.99 & 0.090 & 0.55 & 0.5 & 44\% \\
Ditch Distance (meters) & 4,741 & 2,550 & 1,687 & 1,268 & 3,054\\
Water Rights (AF/Year) & 7.04 & 5.62 & 1.45 & 3.01 & 5.59 \\
Building Value (USD) & 2,614 & 6,752 & 4,363 & 10,074 & \$1,749 \\
\hline
Number of Sold Parcels & 212& & 154&\multicolumn{2}{c}{} \\
Number of Sales & 278 & & 204 &\multicolumn{2}{c}{}\\
\hline
\multicolumn{6}{l}{Note: \emph{Difference} is change between average values of Sbd.1 and the control.}\\
\multicolumn{6}{l}{Percentage values are rounded to two decimal places.}\\
\multicolumn{6}{l}{\emph{Ditch Distance} and \emph{Building Value} are rounded to the nearest whole number.}\\
\hline
\hline
\end{tabular}
\end{table}

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\begin{table}[!htp]
\caption{Balance statistics of sold \ac{SBD1} and control parcels}
\label{TBL:BAL}
\centering
\begin{tabular}{l|cccc|c}
\hline
\hline
& \multicolumn{2}{c}{\bf{\ac{SBD1}}} & \multicolumn{2}{c}{\bf{Control}} &\\
& Average & S.D. & Average & S.D. & Difference\\
\hline
Sale Price (USD Per Acre) & \$3,750 & \$2,235 & \$2,805 &\$1,857 & 25.2\% \\
Area (Acres) & 174 & 64.19 & 138 & 128.37 & 20.5\% \\
Area of Crops (Acres) & 134 & 51.79 & 106 & 106.41 & 20.8\% \\
Potatoes (\%) & 0.40 & 0.30 & 0.02 & 0.08 & 96.0\% \\
Alfalfa (\%) & 0.20 & 0.30 & 0.38 & 0.35 & -93.2\% \\
Small Grains (\%) & 0.32 & 0.26 & 0.11 & 0.19 & 64.9\% \\
Pasture (\%) & 0.02 & 0.11 & 0.42 & 0.38 & -1710\% \\
Fallow (\%) & 0.08 & 0.12 & 0.16 & 0.18 & -110.3\% \\
Uses a Ditch (yes/no) & 0.93 & 0.25 & 0.99 & 0.12 & -5.6\% \\
Uses a Well (yes/no) & 0.99 & 0.090 & 0.55 & 0.5 & 44.9\% \\
Ditch Distance (meters) & 4,741 & 2,550 & 1,687 & 1,268 & 64.4\% \\
Water Rights (AF/Year) & 7.04 & 5.62 & 1.45 & 3.01 & 79.5\% \\
Building Value (USD) & 2,614 & 6,752 & 4,363 & 10,074 & -66.9\% \\
\hline
Number of Sold Parcels & 212& & 154&\multicolumn{2}{c}{} \\
Number of Sales & 278 & & 204 &\multicolumn{2}{c}{}\\
\hline
\multicolumn{6}{l}{\footnotesize Note: \emph{Difference} is percent change between average values of Sbd.1 and control parcels.}\\
\multicolumn{6}{l}{\footnotesize Percentage values are rounded to two decimal places.}\\
\multicolumn{6}{l}{\footnotesize \emph{Ditch Distance} and \emph{Building Value} are rounded to the nearest whole number.}\\
\multicolumn{6}{l}{\footnotesize Percentage changes may differ from reported values due to independent rounding.}\\
\hline
\end{tabular}
\end{table}

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% chktex-file 44
% Table created by stargazer v.5.2.2 by Marek Hlavac, Harvard University. E-mail: hlavac at fas.harvard.edu
% Date and time: Mon, Apr 26, 2021 - 05:50:54 PM
\begin{table}[!htbp] \centering
\caption{Sale summary statistics}\label{SLSUM}
\begin{tabular}{@{\extracolsep{5pt}} ccc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& Control & Subdistrict One \\
\hline \\[-1.8ex]
Number of Sales & 1603 & 744 \\ Mean Price (\$/Acre) & 5200 & 7100 \\
Med. Price (\$/Acre) & 1700 & 1900 \\
Med. Area (Acres) & 99 & 112\\
First Sale Date & 1954-03-03 & 1949-12-03 \\
Med. Sale Date & 2003-08-01 & 2000-08-30 \\
Enhancements & 44\% & 45\% \\
Enhancement Value & 75500 & 74000 \\
Sold before 2002 & 45\% & 54\% \\
Sold After 2002 & 55\% & 46\% \\
Sold After 2006 & 43\% & 34\% \\
Sold After 2011 & 27\% & 21\% \\
\hline \\[-1.8ex]
\end{tabular}
\end{table}

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\begin{landscape}
\begin{longtable}{l|cccccc} %[htbp]
\captionsetup{justification=raggedright,singlelinecheck=false}
\caption{\label{REG:SPILL}Spillover effect estimate of \ac{SBD1} formation and pumping fee} \\
\hline
\hline
Dependent Variable: & \multicolumn{6}{c}{Price (ln)}\\
Model: & (1) & (2) & (3) & (4) & (5) & (6)\\
\endfirsthead
\endhead
\midrule
\ul{\emph{Variables}}\\
One Mile from Sbd1. $\times$ Post 2006 & 1.240$^{***}$ & 0.8524$^{**}$ & & -0.0968 & 0.2708 & \\
& (0.2805) & (0.3727) & & (0.8840) & (0.5373) & \\
Two Miles from Sbd1. $\times$ Post 2006 & 0.2536 & 0.2426 & & -1.299$^{**}$ & -0.6465 & \\
& (0.3591) & (0.4194) & & (0.4885) & (0.5700) & \\
Three Miles from Sbd1. $\times$ Post 2006 & -0.3422 & -0.2184 & & 0.9766$^{***}$ & 0.4195 & \\
& (0.2344) & (0.2758) & & (0.3542) & (0.5121) & \\
One Mile from Sbd1. $\times$ Post 2011 & -0.4754$^{*}$ & & 0.6608 & 0.3783 & & 0.2914\\
& (0.2579) & & (0.4026) & (0.7037) & & (0.3657)\\
Two Miles from Sbd1. $\times$ Post 2011 & -0.0688 & & 0.1161 & 1.022$^{**}$ & & 0.0609\\
& (0.2086) & & (0.3742) & (0.4289) & & (0.4352)\\
Three Miles from Sbd1. $\times$ Post 2011 & 0.2248 & & -0.0313 & -0.9051$^{*}$ & & -0.1822\\
& (0.2496) & & (0.2966) & (0.4961) & & (0.4080)\\
One Mile from Sbd1. & -0.5258$^{*}$ & -0.5344$^{*}$ & -0.4469 & & & \\
& (0.2804) & (0.2782) & (0.2799) & & & \\
Two Miles from Sbd1. & 0.0265 & 0.0261 & 0.1060 & & & \\
& (0.2859) & (0.2827) & (0.2421) & & & \\
Three Miles from Sbd1. & 0.1732 & 0.1749 & 0.0847 & & & \\
& (0.2440) & (0.2370) & (0.1982) & & & \\
Crop Area (ln) & 0.9389$^{***}$ & 0.9426$^{***}$ & 0.9507$^{***}$ & & & \\
& (0.0423) & (0.0407) & (0.0426) & & & \\
Other Controls &$\checkmark$ &$\checkmark$ &$\checkmark$ & & & \\
\midrule
\ul{\emph{Fixed-effects}}\\
Parcel & & & & $\checkmark$ & $\checkmark$ & $\checkmark$\\
Year & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
SBD1-Post 2006 & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
SBD1-Post 2011 & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\
Ditch & $\checkmark$ & $\checkmark$ & $\checkmark$ & & & \\
Subdistricts 1-6 & $\checkmark$ & $\checkmark$ & $\checkmark$ & & & \\
County & $\checkmark$ & $\checkmark$ & $\checkmark$ & & & \\
No Reported Acreage & $\checkmark$ & $\checkmark$ & $\checkmark$ & & & \\
\midrule
\ul{\emph{Fit} \emph{statistics}}\\
Observations & 482 & 482 & 482 & 748 & 748 & 748\\
R$^2$ & 0.75356 & 0.75312 & 0.75009 & 0.95169 & 0.95055 & 0.95017\\
Within R$^2$ & 0.56371 & 0.56294 & 0.55758 & 0.03544 & 0.01280 & 0.00516\\
\midrule \midrule
\multicolumn{7}{l}{\emph{a)} Clustered (Arbitrary Spatial Region \& Year) standard errors in parentheses.}\\
\multicolumn{7}{l}{\emph{b)} Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}\\
\multicolumn{7}{l}{\emph{c)} '\emph{One Mile from Sbd1.}' variable is a dummy that is one if a parcel is outside \ac{SBD1} and within}\\
\multicolumn{7}{l}{\hspace{0.45cm} a mile of the border.}\\
\multicolumn{7}{l}{\emph{d)} '\emph{Post 2006/2011}' are one on or after the indicated year. For example, both Post 2006 and 2011 are one}\\
\multicolumn{7}{l}{\hspace{0.45cm} in the year 2011.}\\
\multicolumn{7}{l}{\emph{a)} \emph{Other Controls} include pumping rights, pumping rights in Sbd1, crop choices, and assessor evaluated}\\
\multicolumn{7}{l}{\hspace{0.45cm} value of additions.}\\
% \par \raggedright
% \footnotesize
\midrule \midrule
\end{longtable}
\end{landscape}

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% chktex-file 44
% chktex-file 1
\begingroup
\centering
\begin{longtable}{lc}
\caption{Time series of \acs{SLV} farm values}
\label{REG:TS}\\
\midrule \midrule
Dependent Variable: & Price (ln)\\
\midrule
\underline{\emph{Variables}}\\
\endfirsthead
\endhead
\bf{Post 2002} & -0.1892$^{**}$\\
& (0.0766)\\
Post 2006 & -0.0966\\
& (0.1477)\\
Post 2011 & -0.1720\\
& (0.1419)\\
Crop Area (ln) & 0.9398$^{***}$\\
& (0.0485)\\
Well Pumping Rights (ln) & 0.0035\\
& (0.0060)\\
Sbd1:Well Pumping Rights (ln) & 0.0364$^{*}$\\
& (0.0189)\\
Value of Buildings (ln) & 0.0002\\
& (0.0027)\\
Time Trend & 0.0001$^{***}$\\
& ($1.42\times 10^{-5}$)\\
Crop Choice & $\checkmark$\\
\midrule
\underline{\emph{Fixed effects}}\\
Ditch & $\checkmark$\\
Subdistricts 1-6 & $\checkmark$\\
Sbd.1:Post 2006 & $\checkmark$\\
Sbd.1:Post 2011 & $\checkmark$\\
County & $\checkmark$\\
No Reported Acreage & $\checkmark$\\
\midrule
\underline{\emph{Fit statistics}}\\
Observations & 482\\
R$^2$ & 0.71960\\
Within R$^2$ & 0.56907\\
\hline\hline
\multicolumn{2}{l}{\hspace{0.00cm} \emph{- Signif. Codes: ***: 0.01}}\\
\multicolumn{2}{l}{\hspace{2.83cm} \emph{ **: 0.05}}\\
\multicolumn{2}{l}{\hspace{3.18cm} \emph{*: 0.1}}\\
\multicolumn{2}{l}{\hspace{0.0cm} - Clustered (Arbitrary Spatial Region \& Year) standard errors in parentheses.}\\
\multicolumn{2}{l}{\hspace{0.0cm} - Crop choice and \acs{SBD1} interactions are omitted for conciseness,}\\
\multicolumn{2}{l}{\hspace{0.3cm} \cref{A:TS_ROB} provides all coefficients and alternative cutoff points for the model.}\\
\multicolumn{2}{l}{\hspace{0.0cm} - \emph{Post 2006/2011} are one on or after the indicated year. For example, both}\\
\multicolumn{2}{l}{\hspace{0.3cm} Post 2006 and Post 2011 are one in the year 2011.}\\
\multicolumn{2}{l}{\hspace{0.0cm} - \emph{Well Pumping Rights} is the total water court decreed annual pumping limits}\\
\multicolumn{2}{l}{\hspace{0.3cm} for wells on a parcel. Only total quantity limits were considered, excluding}\\
\multicolumn{2}{l}{\hspace{0.3cm} rate and seasonal limits.}\\
\multicolumn{2}{l}{\hspace{0.0cm} - Crop choices include the percentage of potatoes, small grains and alfalfa grown}\\
\multicolumn{2}{l}{\hspace{0.3cm} between 1998 and 2005.}\\
\midrule
\end{longtable}
\endgroup
%====================
% \begin{table}[htbp]
% \caption{Time Series of \acs{SLV} Farm Values}
% \label{REG:TS}
% \centering
% \begin{tabular}{lc}
% \midrule \midrule
% Dependent Variable: & Price (ln)\\
% \midrule
% \emph{Variables}\\
% \bf{Post 2002} & -0.1892$^{**}$\\
% & (0.0766)\\
% Post 2006 & -0.0966\\
% & (0.1477)\\
% Post 2011 & -0.1720\\
% & (0.1419)\\
% Crop Area (ln) & 0.9398$^{***}$\\
% & (0.0485)\\
% Well Pumping Rights (ln) & 0.0035\\
% & (0.0060)\\
% Sbd1:Well Pumping Rights (ln) & 0.0364$^{*}$\\
% & (0.0189)\\
% Value of Buildings (ln) & 0.0002\\
% & (0.0027)\\
% Time Trend & 0.0001$^{***}$\\
% & ($1.42\times 10^{-5}$)\\
% Crop Choice & $\checkmark$\\
% \midrule
% \emph{Fixed effects}\\
% Ditch & $\checkmark$\\
% Subdistricts 1-6 & $\checkmark$\\
% Sbd.1:Post 2006 & $\checkmark$\\
% Sbd.1:Post 2011 & $\checkmark$\\
% County & $\checkmark$\\
% No Reported Acreage & $\checkmark$\\
% \midrule
% \emph{Fit statistics}\\
% Observations & 482\\
% R$^2$ & 0.71960\\
% Within R$^2$ & 0.56907\\
% \midrule \midrule
% \multicolumn{2}{l}{\emph{Clustered (Arbitrary Spatial Region \& Year) standard errors in parentheses}}\\
% \multicolumn{2}{l}{\emph{Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\
% \end{tabular}
% \par \raggedright
% \footnotesize
% Crop choice and \acs{SBD1} interactions are omitted for conciseness, \cref{A:TS_ROB} provides all coefficients and alternative cutoff points for the model.\\
% \emph{Post 2006/2011} are one on or after the indicated year. For example, both Post 2006 and Post 2011 are one in the year 2011.\\
% \emph{Well Pumping Rights} is the total water court decreed annual pumping limits for wells on a parcel. Only total quantity limits were considered, excluding rate and seasonal limits.\\
% Crop choices include the percentage of potatoes, small grains and alfalfa grown between 1998 and 2005.
% \end{table}

184
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% chktex-file 44
\FloatBarrier
\begingroup
\begin{landscape}
\begin{longtable}{lcccccc}
\captionsetup{justification=raggedright,singlelinecheck=false}
\caption{Tobit model of crop choice after 2011}\label{tobit}
% \label{tobit}\\
% \hline
% \hline
% Dependent Variable: & AF\\
% Model: & (1)\\
\endfirsthead
% At top of each page
% \multicolumn{2}{c}%
% {{\bfseries Table \thetable{} continued from previous page}} \\
% \hline
% End of table block
% Col 1 & Col 2 \\
% \hline
% MUST BE HERE- tells macro to update name for subsequent pages
\endhead
% At end of page when a new one will start
% \hline \multicolumn{2}{|r|}{{Continued on next page}} \\ \hline
% \endfoot
% At end of etire table
% \hline
% \multicolumn{2}{l}{
% {End of table}} \\ \hline % |r|
% \endlastfoot
% \tabularnewline % \midrule \midrule
\hline \hline \\[-1.8ex]
& \multicolumn{6}{c}{\textit{Dependent variable: Post 2011 Crop Choice}} \\
\cline{2-7}
\\[-1.8ex] & (Fallow) & (Alfalfa) & (Small Grains) & (Grass Pas.) & (Potato) & (Other)\\
\hline \\[-1.8ex]
\bf{Post 2006} & \bf{0.071}$^{**}$ & $-$\bf{0.012} & $\bf{-}$\bf{0.045}$^{**}$ & \bf{0.012} & $\bf{-}$\bf{0.015} & \bf{0.001} \\
& (0.023) & (0.0269) & (0.017) & (0.015) & (0.019) & (0.013) \\
\hline
& \multicolumn{6}{c}{Pretreatment Crop Mix}\\
\cline{2-7}
& & & & & & \\
Fallow \% & $-$0.231$^{**}$ & 0.0004 & 0.009 & 0.328$^{***}$ & $-$0.091 & 0.120$^{**}$ \\
& (0.097) & (0.099) & (0.073) & (0.062) & (0.081) & (0.053) \\
& & & & & & \\
Alfalfa \% & $-$0.017 & 0.339$^{***}$ & $-$0.052 & 0.018 & $-$0.226$^{***}$ & $-$0.033 \\
& (0.071) & (0.073) & (0.053) & (0.046) & (0.059) & (0.039) \\
& & & & & & \\
Grass Pasture \% & 0.225$^{**}$ & 0.143 & $-$0.196$^{**}$ & 0.387$^{***}$ & $-$0.310$^{***}$ & $-$0.130$^{**}$ \\
& (0.092) & (0.094) & (0.069) & (0.059) & (0.077) & (0.050) \\
& & & & & & \\
Potatoes \% & 0.101 & $-$0.194$^{**}$ & 0.055 & $-$0.042 & 0.144$^{**}$ & $-$0.045 \\
& (0.075) & (0.077) & (0.056) & (0.048) & (0.063) & (0.041) \\
& & & & & & \\
Small Grains \% & 0.019 & $-$0.052 & 0.057 & $-$0.035 & 0.050 & $-$0.001 \\
& (0.072) & (0.074) & (0.054) & (0.047) & (0.060) & (0.039) \\
& & & & & & \\
& \multicolumn{6}{c}{Other Variables}\\
\cline{2-7}
& & & & & & \\
Area (ln) & $-$0.026$^{**}$ & 0.020$^{*}$ & 0.023$^{***}$ & $-$0.006 & $-$0.001 & $-$0.012$^{**}$ \\
& (0.011) & (0.011) & (0.008) & (0.007) & (0.009) & (0.006) \\
& & & & & & \\
Surface Water Ind.& $-$0.626$^{***}$ & 0.138$^{***}$ & 0.183$^{***}$ & 0.028 & 0.251$^{***}$ & 0.092$^{***}$ \\
& (0.038) & (0.039) & (0.028) & (0.024) & (0.031) & (0.021) \\
& & & & & & \\
Groundwater Ind. & 0.265$^{***}$ & 0.213$^{**}$ & $-$0.079 & $-$0.219$^{***}$ & $-$0.034 & 0.050 \\
& (0.097) & (0.099) & (0.073) & (0.062) & (0.080) & (0.053) \\
& & & & & & \\
\% Cropland & $-$0.047 & $-$0.026 & 0.159$^{***}$ & $-$0.060 & 0.082$^{*}$ & $-$0.030 \\
& (0.059) & (0.061) & (0.044) & (0.038) & (0.049) & (0.032) \\
& & & & & & \\
\hline \\[-1.8ex]
Observations & 450 & 450 & 450 & 450 & 450 & 450 \\
Log Likelihood & 13.971 & 4.698 & 143.095 & 213.130 & 96.370 & 288.063 \\
Akaike Inf. Crit. & $-$3.942 & 14.603 & $-$262.191 & $-$402.260 & $-$168.739 & $-$552.126 \\
\hline \hline
% \multicolumn{7}{l}{\emph{Note:} The model is censored to have a value that ranges from zero to one for each crop.}
% The dataset consists of Subdistrict One parcels. Sale attributes are aggregated to the parcel level so that there is one entry per parcel in the subdistrict. The post-2006 term is one if a parcel was sold between 2006 and 2020, and zero if there are only sale records prior to 2006.\vspace{2mm}}\\
% \item{\emph{Note:} The model is censored to have a value that ranges from zero to one for each crop. The dataset consists of Subdistrict One parcels. Sale attributes are aggregated to the parcel level so that there is one entry per parcel in the subdistrict. The post-2006 term is one if a parcel was sold between 2006 and 2020, and zero if there are only sale records prior to 2006.\vspace{2mm}}
% \item{ \vspace{2mm}}
\multicolumn{7}{l}{\emph{$^{*\nobreakspace\nobreakspace}$Significant at the 10 percent level.}}\\
\multicolumn{7}{l}{\emph{$^{**\nobreakspace}$Significant at the five percent level.}}\\
\multicolumn{7}{l}{\emph{$^{***}$Significant at the one percent level.}}\\
\multicolumn{7}{l}{}\\
\multicolumn{7}{l}{\emph{Note:} \emph{The model is censored to have a value that ranges from zero to one for each crop.}}\\
\multicolumn{7}{l}{\hspace{1.11cm}\emph{The dataset consists of Subdistrict One parcels. Sale attributes are aggregated to the parcel}}\\
\multicolumn{7}{l}{\hspace{1.11cm}\emph{level so that there is one entry per parcel in the subdistrict. The post-2006 term is one if a}}\\
\multicolumn{7}{l}{\hspace{1.11cm}\emph{parcel was sold between 2006 and 2020, and zero if there are only sale records prior to 2006.}}\\
%\multicolumn{7}{l}{}\\
%\multicolumn{7}{l}{}\\
% \item{
% \item{$^{***}$Significant at the one percent level.}
% \item{}
% \item{}
% \hline
\end{longtable}
\end{landscape}
\endgroup
% \begin{table}
% \centering
% \caption{Tobit model of crop choice after 2011}\label{tobit}
% \addtolength{\tabcolsep}{-3pt}
% \scalebox{0.95}{
% \begin{threeparttable}
% \begin{tabular}{@{\extracolsep{5pt}}lcccccc}
% \\[-1.8ex]\hline
% \hline \\[-1.8ex]
% & \multicolumn{6}{c}{\textit{Dependent variable: Post 2011 Crop Choice}} \\
% \cline{2-7}
% \\[-1.8ex] & (Fallow) & (Alfalfa) & (Small Grains) & (Grass Pas.) & (Potato) & (Other)\\
% \hline \\[-1.8ex]
% \bf{Post 2006} & \bf{0.071}$^{**}$ & $-$\bf{0.012} & $\bf{-}$\bf{0.045}$^{**}$ & \bf{0.012} & $\bf{-}$\bf{0.015} & \bf{0.001} \\
% & (0.023) & (0.0269) & (0.017) & (0.015) & (0.019) & (0.013) \\
% \hline
% & \multicolumn{6}{c}{Pretreatment Crop Mix}\\
% \cline{2-7}
% & & & & & & \\
% Fallow \% & $-$0.231$^{**}$ & 0.0004 & 0.009 & 0.328$^{***}$ & $-$0.091 & 0.120$^{**}$ \\
% & (0.097) & (0.099) & (0.073) & (0.062) & (0.081) & (0.053) \\
% & & & & & & \\
% Alfalfa \% & $-$0.017 & 0.339$^{***}$ & $-$0.052 & 0.018 & $-$0.226$^{***}$ & $-$0.033 \\
% & (0.071) & (0.073) & (0.053) & (0.046) & (0.059) & (0.039) \\
% & & & & & & \\
% Grass Pasture \% & 0.225$^{**}$ & 0.143 & $-$0.196$^{**}$ & 0.387$^{***}$ & $-$0.310$^{***}$ & $-$0.130$^{**}$ \\
% & (0.092) & (0.094) & (0.069) & (0.059) & (0.077) & (0.050) \\
% & & & & & & \\
% Potatoes \% & 0.101 & $-$0.194$^{**}$ & 0.055 & $-$0.042 & 0.144$^{**}$ & $-$0.045 \\
% & (0.075) & (0.077) & (0.056) & (0.048) & (0.063) & (0.041) \\
% & & & & & & \\
% Small Grains \% & 0.019 & $-$0.052 & 0.057 & $-$0.035 & 0.050 & $-$0.001 \\
% & (0.072) & (0.074) & (0.054) & (0.047) & (0.060) & (0.039) \\
% & & & & & & \\
% & \multicolumn{6}{c}{Other Variables}\\
% \cline{2-7}
% & & & & & & \\
% Area (ln) & $-$0.026$^{**}$ & 0.020$^{*}$ & 0.023$^{***}$ & $-$0.006 & $-$0.001 & $-$0.012$^{**}$ \\
% & (0.011) & (0.011) & (0.008) & (0.007) & (0.009) & (0.006) \\
% & & & & & & \\
% Surface Water Ind.& $-$0.626$^{***}$ & 0.138$^{***}$ & 0.183$^{***}$ & 0.028 & 0.251$^{***}$ & 0.092$^{***}$ \\
% & (0.038) & (0.039) & (0.028) & (0.024) & (0.031) & (0.021) \\
% & & & & & & \\
% Groundwater Ind. & 0.265$^{***}$ & 0.213$^{**}$ & $-$0.079 & $-$0.219$^{***}$ & $-$0.034 & 0.050 \\
% & (0.097) & (0.099) & (0.073) & (0.062) & (0.080) & (0.053) \\
% & & & & & & \\
% \% Cropland & $-$0.047 & $-$0.026 & 0.159$^{***}$ & $-$0.060 & 0.082$^{*}$ & $-$0.030 \\
% & (0.059) & (0.061) & (0.044) & (0.038) & (0.049) & (0.032) \\
% & & & & & & \\
% \hline \\[-1.8ex]
% Observations & 450 & 450 & 450 & 450 & 450 & 450 \\
% Log Likelihood & 13.971 & 4.698 & 143.095 & 213.130 & 96.370 & 288.063 \\
% Akaike Inf. Crit. & $-$3.942 & 14.603 & $-$262.191 & $-$402.260 & $-$168.739 & $-$552.126 \\
% \hline
% \hline \\[-1.8ex]
% \end{tabular}
% \begin{tablenotes}
% \item{\emph{Note:} The model is censored to have a value that ranges from zero to one for each crop. The dataset consists of Subdistrict One parcels. Sale attributes are aggregated to the parcel level so that there is one entry per parcel in the subdistrict. The post-2006 term is one if a parcel was sold between 2006 and 2020, and zero if there are only sale records prior to 2006.\vspace{2mm}}
% \item{$^{***}$Significant at the one percent level.}
% \item{$^{**\nobreakspace}$Significant at the five percent level.}
% \item{$^{*\nobreakspace\nobreakspace}$Significant at the 10 percent level.}
% \end{tablenotes}
% \end{threeparttable}
% }
% \end{table}

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\begin{table}[!htbp]
\caption{Attribute balance change from weighting procedure}\label{TBL:WEIGHT_BAL}
\centering
\begin{tabular}{c}
\includegraphics[width=\textwidth]{Weighted_Balance.png}
\end{tabular}
\end{table}

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% chktex-file 44
%\begin{center}
% \scalebox{0.75}{
\begin{table}
\caption{Difference-in-differences matched regression 1980-2005}\label{reg2002}
\begin{threeparttable}[h]
\begin{tabular}{lccc}
\hline
& \multicolumn{3}{c}{Real Sale Price log(\$)} \\
& All Parcels & Under 80 Acres & Over 80 Acres \\
& (1) & (2) & (3)\\
\hline \\[-1.8ex]
\bf{Subd1 x Post 2002} & $-$0.980$^{***}$ & $-$0.766$^{**}$ & $-$1.223$^{***}$ \\
& (0.280) & (0.389) & (0.389) \\
Subdistrict One & 0.117 & $-$0.680$^{**}$ & 0.092 \\
& (0.261) & (0.311) & (0.431) \\
Surface Ind. & 0.635$^{*}$ & 1.351$^{***}$ & $-$0.170 \\
& (0.327) & (0.458) & (0.843) \\
Ground Ind. & 0.072 & 0.744$^{*}$ & $-$1.333 \\
& (0.346) & (0.401) & (0.939) \\
Surface x Ground & $-$0.575 & $-$1.905$^{***}$ & 1.097 \\
& (0.395) & (0.531) & (0.967) \\
Surface x Post 2002 & $-$0.231 & $-$0.004 & 4.915$^{***}$ \\
& (0.383) & (0.424) & (1.460) \\
Subd1 x Well Ind & 0.676$^{**}$ & 0.326 & 1.011$^{**}$ \\
& (0.311) & (0.392) & (0.483) \\
Area (log) & 0.506$^{***}$ & 0.378$^{***}$ & 0.491$^{***}$ \\
& (0.052) & (0.100) & (0.177) \\
Structure Value (log) & 0.017$^{***}$ & 0.024$^{***}$ & 0.005 \\
& (0.005) & (0.007) & (0.007) \\
\hline
Observations & 820 & 355 & 470 \\
R$^{2}$ & 0.235 & 0.211 & 0.250 \\
Adjusted R$^{2}$ & 0.199 & 0.122 & 0.187 \\
Residual Std. Error & 1.654 (df=783) & 1.484 (df=318) & 1.657 (df=433) \\
F Statistic & 6.666$^{***}$ (df=36; 783) & 2.367$^{***}$ (df=36; 318) & 4.000$^{***}$ (df=36; 433) \\
\hline \\[-1.8ex]
\end{tabular}
\begin{tablenotes}
\item{\emph{Note:} Regression results from \cref{mainreg}. The Subd1 variable is an indicator for a parcel being in the subdistrict. Surface and Ground variables are indicators for the respective water source being used to irrigate the parcel. The \it{Structure Value} variable is the reported USD value of additional structures and enhancements on the property. A number of variables are omitted from the table for clarity. The omitted variables include all year fixed effects, an indicator for having a well on the parcel, indicators for a parcel joining Subdistrict Two, and an indicator that flags records with suspect reported areas.}
\item{$^{***}$Significant at the one percent level.}
\rule{0pt}{4ex}
\item{$^{**\nobreakspace}$Significant at the five percent level.}
\item{$^{*\nobreakspace\nobreakspace}$Significant at the 10 percent level.}
\end{tablenotes}
\end{threeparttable}
\end{table}
%}
%\end{center}

61
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% chktex-file 44
\def\insertTableNotes
{
\begin{singlespace}
\emph{Note:} Regression results from \cref{mainreg} following the same reporting procedure as in \\
\hspace{1.0cm} \nolinebreak\cref{reg2002}. Starting in 2006 both the post-2002 and post-2006 indicators are one. The \\
\hspace{1.0cm} baseline of the subdistrict post-2006 interaction includes the fixed effect of post-2002. \\
\hspace{1.0cm} Since the policy fixed effects of being in the subdistrict after 2002 is identical to \\
\hspace{1.0cm} \nolinebreak\cref{reg2002}, so these are omitted from the summary.\\
\vspace{1mm}
\hspace{0.0cm} $^{***}$ Significant at the one percent level.\\
\hspace{0.0cm} $^{**\nobreakspace}$ Significant at the five percent level.\\
\hspace{0.0cm} $^{*\nobreakspace\nobreakspace}$ Significant at the 10 percent level.\\
\end{singlespace}
}
%\begin{center}
% \scalebox{0.75}{
\begin{table}
\caption{Difference-in-differences matched regression 1980-2011}\label{reg2006}
\begin{threeparttable}[h] \centering
\begin{tabular}{@{\extracolsep{1pt}}lccc}
\hline
\hline \\[-1.8ex]
& \multicolumn{3}{c}{Real Sale Price log(\$)} \\
& All Parcels & Under 80 Acres & Over 80 Acres \\
\\[-1.8ex] & (1) & (2) & (3)\\
\hline \\[-1.8ex]
\bf{Subd1 x Post 2006} & 0.657$^{**}$ & 1.295$^{***}$ & 0.127 \\
& (0.327) & (0.437) & (0.481) \\
Subdistrict One & 0.272 & $-$0.589$^{**}$ & 0.248 \\
& (0.234) & (0.279) & (0.396) \\
Surface Ind. & 0.527$^{*}$ & 1.216$^{***}$ & $-$0.335 \\
& (0.294) & (0.409) & (0.731) \\
Ground Ind. & $-$0.014 & 0.692$^{**}$ & $-$1.557$^{**}$ \\
& (0.302) & (0.347) & (0.785) \\
Surface x Ground & $-$0.344 & $-$1.707$^{***}$ & 1.463$^{*}$ \\
& (0.345) & (0.465) & (0.805) \\
Surface x Post 2006 & $-$0.186 & 0.091 & $-$5.617$^{***}$ \\
& (0.452) & (0.505) & (1.437) \\
Subd1 x Well Ind & 0.365 & $-$0.046 & 0.799$^{*}$ \\
& (0.266) & (0.327) & (0.435) \\
Area (log) & 0.497$^{***}$ & 0.325$^{***}$ & 0.534$^{***}$ \\
& (0.045) & (0.083) & (0.157) \\
Structure Value (log) & 0.021$^{***}$ & 0.030$^{***}$ & 0.004 \\
& (0.004) & (0.006) & (0.006) \\
\hline
Observations & 1,029 & 460 & 569 \\
R$^{2}$ & 0.239 & 0.208 & 0.244 \\
Adjusted R$^{2}$ & 0.206 & 0.126 & 0.182 \\
Residual Std. Error & 1.597 (df=985) & 1.424 (df=416) & 1.612 (df=525) \\
F Statistic & 7.196$^{***}$ (df=43; 985) & 2.543$^{***}$ (df=43; 416) & 3.948$^{***}$ (df=43; 525) \\
\hline \\[-1.8ex]
\end{tabular}
\end{threeparttable}
\raggedright
\insertTableNotes
\end{table}
%}
%\end{center}

59
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% chktex-file 44
% Table created by stargazer v.5.2.2 by Marek Hlavac, Harvard University. E-mail: hlavac at fas.harvard.edu
% Date and time: Tue, Jul 20, 2021 - 05:33:19 PM
%\begin{center}
%\scalebox{0.75}{
\begin{table}
\center
\caption{Difference-in-differences matched regression 1980-2020}\label{reg2011}
\begin{threeparttable}[!htbp] \centering
\begin{tabular}{p{4.0cm} *{3}{p{3.0cm}}} % lccc} @{\extracolsep{5pt}} l
\hline
\hline
& \multicolumn{3}{c}{Real Sale Price log(\$)} \\
\cline{2-4}
& All Parcels & Under 80 Acres & Over 80 Acres \\
& (1) & (2) & (3)\\
\hline
\bf{Subd1 x Post 2011} & $-$0.127 & $-$0.513 & 0.509 \\
& (0.296) & (0.385) & (0.437) \\
Subdistrict One & 0.273 & $-$0.537$^{**}$ & 0.168 \\
& (0.211) & (0.263) & (0.355) \\
Surface Ind. & 0.367 & 0.746$^{**}$ & $-$0.494 \\
& (0.271) & (0.372) & (0.637) \\
Ground Ind. & $-$0.205 & 0.486 & $-$1.618$^{***}$ \\
& (0.256) & (0.301) & (0.626) \\
Surface x Ground & $-$0.092 & $-$1.102$^{***}$ & 1.665$^{***}$ \\
& (0.294) & (0.400) & (0.638) \\
Surface x Post 2011 & 0.779$^{*}$ & 0.415 & 1.187 \\
& (0.400) & (0.469) & (0.918) \\
Subd1 x Well Ind & 0.330 & $-$0.181 & 0.804$^{**}$ \\
& (0.228) & (0.285) & (0.379) \\
Area (log) & 0.494$^{***}$ & 0.296$^{***}$ & 0.488$^{***}$ \\
& (0.040) & (0.074) & (0.137) \\
Structure Value (log) & 0.025$^{***}$ & 0.034$^{***}$ & 0.006 \\
& (0.004) & (0.005) & (0.005) \\
\hline
Observations & 1,363 & 639 & 738 \\
R$^{2}$ & 0.249 & 0.218 & 0.251 \\
Adjusted R$^{2}$ & 0.217 & 0.143 & 0.190 \\
Residual Std. Error & 1.614 & 1.486 & 1.603 \\
& (df=1306) & (df=582) & (df=681) \\
F Statistic & 7.723$^{***}$ & 2.905$^{***}$ & 4.080$^{***}$ \\
& (df=56; 1306) & (df=56; 582) & (df=56; 681) \\
\hline \\[-1.8ex]
\tabularnewline[-1.8ex]
\multicolumn{4}{c}{\emph{Note:} Regression results from \nolinebreak\cref{mainreg} following the same reporting procedure} \\
\multicolumn{4}{l}{\hspace{1.0cm} as in \nolinebreak\cref{reg2006} \hl{[Include 'reg2006.tex' to fix this ('reg2002.tex' might work)]}\vspace{1mm}} \\
\multicolumn{4}{l}{\hspace{0.0cm} $^{***}$Significant at the one percent level.} \\
\multicolumn{4}{l}{\hspace{0.0cm} $^{**\nobreakspace}$Significant at the five percent level.} \\
\multicolumn{4}{l}{\hspace{0.0cm} $^{*\nobreakspace\nobreakspace}$Significant at the 10 percent level.} \\ \\
\hline
\hline
\end{tabular}
\end{threeparttable}
\end{table}

106
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% chktex-file 44
\FloatBarrier
\def\insertTableNotes
{
\begin{singlespace}
\emph{Notes:} Regression results for all time periods. The first three columns are a matched parcel\\
\hspace{1.0cm} model for parcel of various sizes. All shock indicators remain on. For example, the \\
\hspace{1.0cm} indicator for 2002 is one for all years after 2002, including after 2006. The last two\\
\hspace{1.0cm} columns contain parcel fixed effect models. The data for the fixed effect model \\
\hspace{1.0cm} includes all sales records of parcels sold at least once before 2002, and after 2002. \\
\hspace{1.0cm} Most covariates drop out due to collinearity.\\
\vspace{1cm}
\hspace{0.0cm} $^{***}$ Significant at the one percent level.\\
\hspace{0.0cm} $^{**\nobreakspace}$ Significant at the five percent level.\\
\hspace{0.0cm} $^{*\nobreakspace\nobreakspace}$ Significant at the 10 percent level.\\
\end{singlespace}
}
\begin{longtable}{ p{3.7cm} | *{5}{p{2.05cm}} }
\addtolength{\tabcolsep}{-3pt}
\raggedright
% Start table header
\endfirsthead
\caption{Difference-in-differences for all models}\label{T-mainreg} \\ % Not used->
\hline
& \multicolumn{5}{c}{ \underline{Real Sale Price log(\$)}}
\endfirsthead
\hline
\endhead
& All & Under & Over & & Fixed Effect\tabularnewline
& Parcels&80 Acres&80 Acres&Fixed Effect&IPTW \tabularnewline
&\hspace{6pt}(1)& \hspace{6pt}(2)& \hspace{6pt}(3)& \hspace{6pt}(4)& \hspace{6pt}(5)\tabularnewline
\hline
% End Table Header
%\hline
\tabularnewline
\bf{Subd1 x Post 2002} & $-$0.945$\textsuperscript{***}$ & $-$0.764$\textsuperscript{**}$ & $-$1.215$\textsuperscript{***}$ & $-$0.318 & $-$0.761$\textsuperscript{**}$ \tabularnewline
& (0.273) & (0.387) & (0.375) & (0.365) & (0.361) \tabularnewline
& & & & & \tabularnewline
\bf{Subd1 x Post 2006} & 0.666$\textsuperscript{**}$ & 1.322$\textsuperscript{***}$ & 0.121 & 0.637 & 0.830$\textsuperscript{**}$ \tabularnewline
& (0.331) & (0.455) & (0.477) & (0.410) & (0.402) \tabularnewline
& & & & & \tabularnewline
\bf{Subd1 x Post 2011} & $-$0.127 & $-$0.513 & 0.509 & $-$0.423 & $-$0.642$\textsuperscript{*}$ \tabularnewline
& (0.296) & (0.385) & (0.437) & (0.354) & (0.342) \tabularnewline
& & & & & \tabularnewline
Subdistrict One & 0.273 & $-$0.537$\textsuperscript{**}$ & 0.168 & & \tabularnewline
& (0.211) & (0.263) & (0.355) & & \tabularnewline
& & & & & \tabularnewline
Surface Ind. & 0.367 & 0.746$\textsuperscript{**}$ & $-$0.494 & & \tabularnewline
& (0.271) & (0.372) & (0.637) & & \tabularnewline
& & & & & \tabularnewline
Ground Ind. & $-$0.205 & 0.486 & $-$1.618$\textsuperscript{***}$ & & \tabularnewline
& (0.256) & (0.301) & (0.626) & & \tabularnewline
& & & & & \tabularnewline
Surface x Ground & $-$0.092 & $-$1.102$\textsuperscript{***}$ & 1.665$\textsuperscript{***}$ & & \tabularnewline
& (0.294) & (0.400) & (0.638) & & \tabularnewline
& & & & & \tabularnewline
Surface x Post 2002 & $-$0.260 & $-$0.008 & 5.138$\textsuperscript{***}$ & & \tabularnewline
& (0.372) & (0.424) & (1.323) & & \tabularnewline
& & & & & \tabularnewline
Surface x Post 2006 & $-$0.155 & 0.102 & $-$5.673$\textsuperscript{***}$ & & \tabularnewline
& (0.456) & (0.527) & (1.416) & & \tabularnewline
& & & & & \tabularnewline
Surface x Post 2011 & 0.779$\textsuperscript{*}$ & 0.415 & 1.187 & & \tabularnewline
& (0.400) & (0.469) & (0.918) & & \tabularnewline
& & & & & \tabularnewline
Subd1 x Well Ind & 0.330 & $-$0.181 & 0.804$\textsuperscript{**}$ & & \tabularnewline
& (0.228) & (0.285) & (0.379) & & \tabularnewline
& & & & & \tabularnewline
Area (log) & 0.494$\textsuperscript{***}$ & 0.296$\textsuperscript{***}$ & 0.488$\textsuperscript{***}$ & & \tabularnewline
& (0.040) & (0.074) & (0.137) & & \tabularnewline
& & & & & \tabularnewline
Structure Value (log) & 0.025$\textsuperscript{***}$ & 0.034$\textsuperscript{***}$ & 0.006 & & \tabularnewline
& (0.004) & (0.005) & (0.005) & & \tabularnewline
& & & & & \tabularnewline
\hline
Observations & 1,363 & 639 & 738 & 746 & 746 \\
R$\textsuperscript{2}$ & 0.249 & 0.218 & 0.251 & 0.781 & 0.825 \\
Adjusted R$\textsuperscript{2}$ & 0.217 & 0.143 & 0.190 & 0.596 & 0.678 \\
Residual Std. Error & 1.614 & 1.486 & 1.603 & 1.098 & 1.392 \\
& (df = 1306) & (df = 582) & (df = 681) & (df = 405) & (df = 405) \\
F Statistic & 7.723$\textsuperscript{***}$ & 2.905$\textsuperscript{***}$ & 4.080$\textsuperscript{***}$ & 4.238$\textsuperscript{***}$ & 5.606$\textsuperscript{***}$ \\
& (df = 56; 1306) & (df = 56; 582) & (df = 56; 681) & (df = 340; 405) & (df = 340; 405) \\
\hline
\multicolumn{6}{l}{\emph{Note:} Regression results for all time periods. The first three columns are a matched parcel} \\
\multicolumn{6}{l}{\hspace{1.0cm} model for parcel of various sizes. All shock indicators remain on. For example, the} \\
\multicolumn{6}{l}{\hspace{1.0cm} indicator for 2002 is one for all years after 2002, including after 2006. The last two} \\
\multicolumn{6}{l}{\hspace{1.0cm} columns contain parcel fixed effect models. The data for the fixed effect model} \\
\multicolumn{6}{l}{\hspace{1.0cm} includes all sales records of parcels sold at least once before 2002, and after 2002.} \\
\multicolumn{6}{l}{\hspace{1.0cm} Most covariates drop out due to collinearity.\vspace{1mm}} \\
\multicolumn{6}{l}{\hspace{0.0cm} $^{***}$Significant at the one percent level.} \\
\multicolumn{6}{l}{\hspace{0.0cm} $^{**\nobreakspace}$Significant at the five percent level.} \\
\multicolumn{6}{l}{\hspace{0.0cm} $^{*\nobreakspace\nobreakspace}$Significant at the 10 percent level.} \\
\hline % \\[-1.8ex]
\end{longtable}
% \singlespacing
%\insertTableNotes
% \doublespacing
\vspace{1cm}
\FloatBarrier

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LATEX/Chapter_II/Tables/CREP_Reductions.tex Normal file
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% latex table generated in R 4.3.0 by xtable 1.8-4 package
% Wed Jul 5 15:21:38 2023
\FloatBarrier
\begin{table}[ht]
\centering
\caption{Estimated CREP reductions}
\label{CREPRED}
\begin{tabular}{lccccc}
\hline
Year & Wells in CREP & Sbd.1 Policies & CREP & Total & Well \\
\hline
2009 & 0 & 0 & 0 & 0 & 0 \\
2010 & 0 & 0 & 0 & 0 & 0 \\
2011 & 0 & -2835 & 0 & -2835 & -18 \\
2012 & 0 & -11860 & 0 & -11860 & -77 \\
2013 & 0 & -13263 & 0 & -13263 & -86 \\
2014 & 33 & -11750 & -355 & -12105 & -79 \\
2015 & 69 & -13262 & -1695 & -14958 & -97 \\
2016 & 104 & -10912 & -3630 & -14542 & -94 \\
2017 & 108 & -10274 & -5042 & -15316 & -99 \\
2018 & 129 & -15512 & -5691 & -21203 & -138 \\
2019 & 135 & -11436 & -5873 & -17309 & -112 \\
2020 & 144 & -14411 & -6051 & -20461 & -133 \\
2021 & 154 & -2906 & -5563 & -8468 & -55 \\
\hline
\end{tabular}
\end{table}

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LATEX/Chapter_II/Tables/NEIGHBOR_FIT.tex Normal file
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\FloatBarrier
\begingroup
\begin{longtable}{lccc}
\captionsetup{justification=raggedright,singlelinecheck=false}
\caption{Affected neighbors by adding CREP wells}\label{REG:FITNEIGHBOR}\\
% \hline
% \hline
% Dependent Variable: & AF\\
% Model: & (1)\\
\endfirsthead
% At top of each page
% \multicolumn{2}{c}%
% {{\bfseries Table \thetable{} continued from previous page}} \\
% \hline
% End of table block
% Col 1 & Col 2 \\
% \hline
% MUST BE HERE- tells macro to update name for subsequent pages
\endhead
% At end of page when a new one will start
% \hline \multicolumn{2}{|r|}{{Continued on next page}} \\ \hline
% \endfoot
% At end of etire table
% \hline
% \multicolumn{2}{l}{
% {End of table}} \\ \hline % |r|
% \endlastfoot
% \tabularnewline % \midrule \midrule
Dependent Variables: & \multicolumn{3}{c}{Number of Neighboring Wells} \\
& Linear & Log-Linear & Log-Log \\
Model: & (1) & (2) & (3)\\
\midrule
\emph{Variables}\\
Num. CREP Wells & 10.64$^{***}$& 1,133.9$^{***}$ & 1.300$^{***}$\\
& (1.099) & (105.3) & (0.1275)\\
Constant & -197.9 & -4,316.1$^{***}$ & 0.7465\\
& (135.6) & (501.9) & (0.6081)\\
\midrule
\emph{Fit statistics}\\
Observations & 7 & 7 & 7\\
R$^2$ & 0.94935 & 0.95869 & 0.95412\\
Adjusted R$^2$ & 0.93922 & 0.95043 & 0.94494\\
% Footnotes
\midrule \midrule
\multicolumn{4}{l}{\emph{a) IID standard errors in parentheses}}\\
\multicolumn{4}{l}{\emph{b) Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\
% \tabularnewline
\multicolumn{4}{l}{\emph{c) One-half mile radius used}}\\
% \multicolumn{4}{l}{\emph{Clustered (Well \& Year) standard errors in parentheses}}\\
% \multicolumn{4}{l}{\emph{Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\
% \tabularnewline
% \multicolumn{4}{l}{\emph{Note:} a) Any data entry where a CREP well was in the CREP program was dropped.} \\
% \multicolumn{4}{l}{\hspace{1.46cm} A CREP well that entered in 2015 has data from 2009-2014.} \\
% \multicolumn{4}{l}{\hspace{1.0cm} b) Each of the 10 largest ditches are included in the Ditch-Year fixed effect.} \\
% \multicolumn{4}{l}{\hspace{1.0cm} c) Subdistricts One through Six included in the Subdistrict-Year fixed effect.} \\
% \multicolumn{4}{l}{\hspace{1.0cm} d) CREP wells are removed once in the CREP program.} \\
\end{longtable}
\endgroup
\FloatBarrier

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LATEX/Chapter_II/Tables/Policy_Effects.tex Normal file
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\FloatBarrier
\begin{table}[H]
\caption{Policy responses}\label{REGPOLICYRESPONSE}
\begingroup
\centering
\begin{tabular}{lccc}
\tabularnewline \midrule \midrule
Dependent Variable: & \multicolumn{3}{c}{AF}\\
& \textbf{2011 Policy Model} & \textbf{Direct Effect} & \textbf{Neighbor Response} \\
Model: & (1) & (2) & (3)\\
\midrule
\emph{Variables}\\
Sbd.1-Post 2011 & -30.87$^{***}$ & & \\
& (8.477) & & \\
In CREP-Post 2011 & -31.17$^{***}$ & & \\
& (7.072) & & \\
Near to CREP-Post 2011 & -5.407$^{**}$ & & \\
& (2.218) & & \\
CREP Effect (ATT) & & -38.70$^{***}$ & -2.788$^{**}$\\
& & (2.905) & (1.021)\\
\midrule
\emph{Fixed effects}\\
Near CREP-Post CREP & $\checkmark$ & & \\
In Fallow Program & $\checkmark$ & & \\
Well & $\checkmark$ & $\checkmark$ & $\checkmark$\\
Year & $\checkmark$ & & \\
Subdistrict-Year & $\checkmark$ & $\checkmark$ & $\checkmark$\\
Year-Ditch & $\checkmark$ & $\checkmark$ & $\checkmark$\\
In Fallow Program & & $\checkmark$ & $\checkmark$\\
Subdistrict-Year & & $\checkmark$ & $\checkmark$\\
In CREP After Treatment & & & $\checkmark$\\
In CREP-Year & & & $\checkmark$\\
\midrule
\emph{Fit statistics}\\
Observations & 48,563 & 49,439 & 49,439\\
R$^2$ & 0.74535 & 0.74748 & 0.74705\\
Within R$^2$ & 0.00271 & 0.01114 & 0.00174\\
\midrule \midrule
\multicolumn{4}{l}{\emph{Clustered (Well \& Year) standard errors in parentheses}}\\
\multicolumn{4}{l}{\emph{Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\
\end{tabular}
\par \raggedright
In model 1, all active CREP wells are removed. So a well that enters CREP in 2014 has data from 2009-2013.\\
A well is considered a neighbor to a CREP or Fallow Program well if they are within one-half mile.\\
Each of the 10 largest ditches are included in the Ditch-Year fixed effect.\\
Subdistricts One through Six included in the Subdistrict-Year fixed effect.\\
CREP wells are removed from the dataset when estimating neighbor responses.
\par\endgroup
\end{table}

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