\FloatBarrier \begingroup \begin{table}[ht] \caption{Policy direct effects and spillover effects}\label{MAINREGTBL} \centering %\begin{adjustbox}{width = \textwidth, center} \begin{tabular}{lccc|ccc} \tabularnewline \midrule \midrule Dependent Variable: & \multicolumn{6}{c}{AF}\\ & \multicolumn{3}{c}{\textbf{Direct Effect}} & \multicolumn{3}{c}{\textbf{Neighbor Response}} \\ Contract Length:& Perm. & 15-Year & 4-Year & Perm. & 15-Year & 4-Year \\ Model: & (1) & (2) & (3) & (4) & (5) & (6)\\ \midrule \emph{Variables}\\ \textbf{ATT} & -16.08$^{***}$ & -64.78$^{***}$ & -49.54$^{**}$ & -3.010$^{***}$ & -0.8047 & 2.062$^{*}$\\ & (2.308) & (4.797) & (22.17) & (0.9125) & (1.001) & (1.033)\\ \midrule \emph{Fixed Effects}\\ Subdistrict-Year & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\ Ditch-Year & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\ In Fallow Program & $\checkmark$ & $\checkmark$ & & $\checkmark$ & $\checkmark$ & \\ Well & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\ In CREP-Year & & & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\ In CREP After Treatment & & & $\checkmark$ & $\checkmark$ & $\checkmark$ & $\checkmark$\\ \midrule \emph{Fit statistics}\\ Observations & 48,594 & 48,282 & 49,439 & 47,437 & 47,437 & 48,563\\ R$^2$ & 0.74727 & 0.74580 & 0.74674 & 0.74495 & 0.74489 & 0.74605\\ Within R$^2$ & 0.00149 & 0.01320 & 0.00106 & 0.00121 & 0.00096 & 0.00063\\ \midrule \midrule % \multicolumn{7}{l}{\emph{Clustered (Well \& Year) standard errors in parentheses}}\\ % \multicolumn{7}{l}{\emph{Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\ \tabularnewline \end{tabular} %\end{adjustbox} % \par \raggedright %% \tiny % 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.\\ % When estimating the direct effect of permanent/temporary CREP contracts, wells under the other contract type are dropped from the dataset. \par \raggedright% % \tiny \noindent\hspace*{1cm}\begin{minipage}{\dimexpr\textwidth-1cm} % Notes:\\ a) Clustered (Well \& Year) standard errors in parentheses.\\ b) Signif. Codes: ***: 0.01, **: 0.05, *: 0.1\\ c) A well is considered a neighbor to a CREP or Fallow Program well if they are within one-half mile.\\ d) Each of the 10 largest ditches are included in the Ditch-Year fixed effect.\\ e) Subdistricts One through Six included in the Subdistrict-Year fixed effect.\\ f) CREP wells are removed from the dataset when estimating neighbor responses.\\ g) When estimating the direct effect of permanent/temporary CREP contracts, wells under the other contract type are dropped from the dataset. \end{minipage} \end{table} \endgroup