Finished for the night
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\large
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\large
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\onslide<7->{Event study of farm land prices.}
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\onslide<7->{Event study of farm land prices.}
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\begin{itemize}
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\begin{itemize}
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\onslide<8->{\item{Sbd1, land values increase as the polcies are adopted.}}
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\onslide<8->{\item{Sbd1 land values increase as the polcies are adopted.}}
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\onslide<9->{\item{Rebound of 85\% by 2020.}}
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\onslide<9->{\item{Rebound of 85\% by 2020.}}
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\end{itemize}
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\end{itemize}
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}
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}
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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\subsection{Background}
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\subsection{Background}
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\begin{frame}{Subdistrict 1 background: formation and policy}
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\begin{frame}{Subdistrict 1 background: formation and policy}
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Sbd1 is a subdistrict of the Rio Grande Water Conservation District formed in 2006.
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Subdistrict 1 is granted authority through the larger Rio Grande Water Conservation District (RGWCD) and was formed in 2006.
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\begin{itemize}
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\begin{itemize}
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\onslide<2->{\item{Majority vote by farms required for formation.}}
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\onslide<2->{\item{Majority vote by farms required for formation}}
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\onslide<3->{\item{Majority vote based on land owned.}}
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\onslide<3->{\item{Majority vote based on land owned}}
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\onslide<4->{\item{Authority to asses fees on water and land}}
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\onslide<4->{\item{Authority to asses fees on water and land}}
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\onslide<5->{\item{Pumping fee of \$45 per acre-foot in 2011}}
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\onslide<5->{\item{Pumping fee of \$45 per acre-foot in 2011}}
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\onslide<6->{\item{Pumping fee raised to \$75 in 2012, \$90 in 2019, \$150 in 2020}}
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\onslide<6->{\item{Pumping fee raised to \$75 in 2012, \$90 in 2019, \$150 in 2020}}
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@ -44,6 +44,49 @@
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\end{itemize}
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\end{itemize}
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\end{frame}
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\end{frame}
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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\begin{frame}{Why initiate collective action?}
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\onslide<1->{
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\begin{columns}
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\begin{column}[c]{0.5\textwidth}
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\textbf{Externalities}
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\begin{itemize}
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%\item{Tragedy of the commons \citep{hardin1968,gisser1980}}
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%\item{Cones of depression \citep{pfeiffer2012}}
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%\item{Salinity and subsidence \citep{knapp2006}}
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\item{Tragedy of the commons }
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\item{Cones of depression }
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\item{Salinity and subsidence}
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\end{itemize}
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\end{column}
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\begin{column}[c]{0.5\textwidth}
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\newline
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\textbf{Institutional threat}
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\begin{itemize}
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%\setlength\itemsep{2em}
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\item{Prior appropriations}
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\item{Seniority of wells}
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\item{State compacts}
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\end{itemize}
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\end{column}
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\end{columns}
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}
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\vfill
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\onslide<2->{
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\centering
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\textbf{Reasons to self organize}
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\begin{enumerate}
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\item{Piguivian tax
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\citep{pigou1924}}
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\item{Crowding in norms
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\citep{smith2018}}
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\item{Avoid State intervention}
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\item{Risk aversion and institutional shifts
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\citep{menapace2013,bredehoeft1983}}
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\end{enumerate}
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}
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\end{frame}
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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%\begin{frame}{Location of Subdistrict 1 wells\begin{spacing}{0}
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%\begin{frame}{Location of Subdistrict 1 wells\begin{spacing}{0}
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\begin{column}{0.6\textwidth}
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\begin{column}{0.6\textwidth}
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\begin{itemize}
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\begin{itemize}
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\onslide<2->{\item{Rio Grande Compact Violation}}
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\onslide<2->{\item{Rio Grande Compact Violation}}
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\onslide<3->{\item{Rio Grande Water Conservation District (RGWDCD) formed in 1967}}
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\onslide<3->{\item{Rio Grande Water Conservation District (RGWDCD) formed in 1976}}
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\onslide<4->{\item{1984 lawsuit prevented new wells protected the status quo \citep{cody2015}}}
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\onslide<4->{\item{1984 lawsuit prevented new wells protected the status quo \citep{cody2015}}}
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\onslide<5->{\item{Court ruling changed well operation rules \citep{coats2003}}}
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\onslide<5->{\item{Court ruling changed well operation rules \citep{coats2003}}}
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\onslide<6->{\item{3,000 wells in the South Platte were curtailed. At least 1,000 completely in 2005 \citep{cechWellShutdownSituation2008,loos2022}}}
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\onslide<6->{\item{3,000 wells in the South Platte were curtailed. At least 1,000 completely in 2004 \citep{cechWellShutdownSituation2008,loos2022}}}
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\end{itemize}
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\end{itemize}
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\end{column}
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\end{column}
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\begin{column}{0.4\textwidth}
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\begin{column}{0.4\textwidth}
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@ -120,7 +163,7 @@
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\begin{minipage}[c][0.75\width]{
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\begin{minipage}[c][0.75\width]{
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0.45\textwidth}
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0.45\textwidth}
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\centering
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\centering
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\includegraphics[width=\textwidth]{Chapter_I/images//pre_proc.png}
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\includegraphics[width=\textwidth]{Chapter_I/images/pre_proc.png}
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\end{minipage}}
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\end{minipage}}
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\hfill
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\hfill
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\subfloat[Intersection of Parcels]{
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\subfloat[Intersection of Parcels]{
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\only<2>{\input{Chapter_I/tables/All_Models_Small.tex}}
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\only<2>{\input{Chapter_I/tables/All_Models_Small.tex}}
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\end{frame}
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\end{frame}
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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\begin{frame}{Contemporary Accounts}
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\begin{frame}[plain]
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\begin{block}{Ray Wright, President, Rio Grande Water Conservation District}
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``I think it is inevitable that ground in the SLV is going to be fallowed whether by subdistricts or CREP or well regulation or simply running out of adequate supplies of water....I am in a position to understand what we are facing whether it feels like ‘Chicken Little’ or not. [We have] to try to come to some resolution without a wreck." \citep{heide2005}\end{block}
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\vfill
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\begin{block}{Ray Wright, President, Rio Grande Conservations District}``They’ve pumped the bottom out of the barrel. And we are trying to get a groundwater management subdistrict up there, and it is like pulling teeth...In other areas, people are very interested in trying to put something together...A lot of people will say, ‘Oh, they will never come in here and regulate wells.’ And Hal Simpson [the State Engineer] has told them several times, ‘If you don’t do something, I’m going to be here'." \citep{ralphcurtis2005}\end{block}
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\end{frame}
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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\begin{frame}
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\centering
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\centering
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\only<1>{
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\only<1>{
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\begin{figure}%
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\begin{figure}
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\includegraphics[width=\textwidth]{Chapter_I/images/Iplot_Raw.png}
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\includegraphics[width=\textwidth]{Chapter_I/images/Iplot_Raw.png}
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\caption{Event study of Subdistrict One formation}\label{REG:EVENTW}
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\caption{Event study of Subdistrict One formation}\label{REG:EVENTW}
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\end{figure}
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\end{figure}
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}
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}
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\end{frame}
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\end{frame}
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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\begin{frame}{Difference-in-differences estimates, microdata}
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\begin{figure}
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\subfloat[Land use]{
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\resizebox{0.4\textwidth}{!}{\includegraphics[width=.99\textwidth]{Chapter_I/tables_figures/Diff_land.pdf}}
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}
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\subfloat[Total effects]{
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\resizebox{0.4\textwidth}{!}{\includegraphics[width=.99\textwidth]{Chapter_I/tables_figures/Diff_totals.pdf}}
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}\\
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%\newline
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\subfloat[Revenue effects]{
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\resizebox{0.4\textwidth}{!}{\includegraphics[width=.99\textwidth]{Chapter_I/tables_figures/Diff_rev.pdf}}
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}
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\subfloat[Expense effects]{
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\resizebox{0.4\textwidth}{!}{\includegraphics[width=.99\textwidth]{Chapter_I/tables_figures/Diff_expense.pdf}}
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}
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% \caption{Difference-in-differences estimates, microdata}\label{fig:micro_data_graphs}
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\end{figure}
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\small The coefficient is relative to the baseline year of 2002.
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\end{frame}
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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\begin{frame}{Contemporary Accounts}
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\begin{block}{Ray Wright, President of RGWCD}
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``I think it is inevitable that ground in the SLV is going to be fallowed whether by subdistricts or CREP or well regulation or simply running out of adequate supplies of water....I am in a position to understand what we are facing whether it feels like ‘Chicken Little’ or not. [We have] to try to come to some resolution without a wreck." \tiny\citep{heide2005}\end{block}
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\vfill
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\begin{block}{Ralph Curtis, former manager of RGWCD}``They’ve pumped the bottom out of the barrel. And we are trying to get a groundwater management subdistrict up there, and it is like pulling teeth...A lot of people will say, ‘Oh, they will never come in here and regulate wells.’ And Hal Simpson [the State Engineer] has told them several times, ‘If you don’t do something, I’m going to be here'." \tiny\citep{ralphcurtis2005}\end{block}
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\end{frame}
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%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
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@ -17,7 +17,7 @@
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\usepackage{float}
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\usepackage{float}
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% \usepackage{caption}
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% \usepackage{caption}
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\usepackage[tableposition=top]{caption}
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\usepackage[tableposition=top]{caption}
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% \usepackage{subcaption}
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\usepackage{subcaption}
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\usepackage{ragged2e}
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\usepackage{ragged2e}
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\usepackage{placeins}
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\usepackage{placeins}
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\usepackage{tabularx,booktabs}
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\usepackage{tabularx,booktabs}
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