Variables | Cropland / (Cropland+ Pasture) (1) | log(Revenue from Crops / Farmland) (2) | log(Revenue from Animal Products / Farmland) (3) | log(Total Revenue / Farmland) (4) | First Stage: Proportion Protected by shelterbelts (5) |
---|---|---|---|---|---|
Prop. protected by shelterbelts* | −0.0156 | −0.819*** | 0.135 | 0.569*** | |
1945-1950 | (0.0330) | (0.270) | (0.176) | (0.180) | |
1954-1959 | −0.131*** (0.0476) | −1.196*** (0.381) | 0.689** (0.301) | −0.487** (0.206) | |
1964-1969 | −0.245*** (0.0625) | −1.038*** (0.365) | 0.986** (0.417) | 0.0246 (0.252) | |
1978-1982 | −0.318*** (0.0779) | −0.736* (0.384) | 1.312** (0.579) | 0.472 (0.364) | |
1987-1992 | −0.287*** (0.0726) | −0.587 (0.398) | 1.317** (0.642) | 0.533 (0.411) | |
Prop. in the shelterbelt zone* Each post year | 0.170*** (0.037) | ||||
Year and county dummies | Yes | Yes | Yes | Yes | Yes |
Outcome variables in 1910-1930a | Yes | Yes | Yes | Yes | Yes |
Other control variablesb | Yes | Yes | Yes | Yes | Yes |
Erosion from the Dust Bowlb | Yes | Yes | Yes | Yes | Yes |
Prop. above the Ogallala Aquiferb | Yes | Yes | Yes | Yes | Yes |
Observations | 2,433 | 2,568 | 2,568 | 2,574 | 2,574 |
Number of counties | 234 | 234 | 234 | 234 | 234 |
R-squared | 0.320 | 0.945 | 0.945 | 0.961 | 0.713 |
↵a Data from 1910 and 1920 are missing in column 1 because the area of cropland and pasture is not reported.
↵b “Other control variables“ include rainfall and temperature for each year and all the other variables listed in Table 1 from 1910–1930; “Erosion from the Dust Bowl” from Hornbeck (2012) include proportions of high- and medium-eroded as in Table 1; “Proportion above the Ogallala Aquifer” is from Hornbeck and Keskin (2014). All these variables are time invariant and all interacted with year-dummies. Standard errors clustered at county level in parentheses
↵*** p < 0.01
↵** p < 0.05
↵* p < 0.1