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