Quantifying wind potential is a pivotal initial step in developing and articulating a state’s policies and strategies for offshore wind industry development. This is particularly important in the Great Lakes States where lessons from other offshore environments are not directly applicable....

Purpose – This paper aims to build a mathematical model to determine the price of an acre of developable land, whether it is part of a large open tract (farm) or a smaller residential parcel that can legally be subdivided. The primary purpose of the model is to explore the effect of various...

Individual Transferable Quotas (ITQs) were introduced into the Mid-Atlantic Surf Clam and Ocean Quahog fishery to reduce over-capitalization while conserving clam populations. Because the number of operators in the fishery declined drastically since the introduction of this policy, there is...

Two logit models are estimated to explain merger and acquisition (M&A) activities in US food manufacturing using firm level data for public firms: a “target model” predicting the likelihood of a firm being targeted for M&A and a “takeover model” predicting the likelihood of a targeted...

This paper presents the rudiments of a Wind Prospecting Tool designed to inform private and public decision makers involved in wind industry development in reducing transaction costs associated with identifying areas of mutual focus within a state. The multiple layer decision support framework...

To examine productivity growth in New Jersey's food-processing sector, this study conducts a joint analysis of total and partial factor productivity indexes. Results indicate growing material intensity, declining labor and capital intensities, and relatively slow material productivity growth....

Product differentiation, a prerequisite for successful state promotion of state branded farm products, may be reflected by differences in the own-price, cross-price and income elasticties of demand between a state's brand and other products. This paper tests for such differentiation by...