New Jersey is very much like many other states in the northeastern region of the United States. On the other hand, it is unique in a number of ways. New Jersey is characterized by (1) a large and affluent consumer base, (2) access to major ports and air transportation facilities which...

Local schools are primarily funded through local property tax revenues, which are tied to property values and the distribution of value ranges within a community. Values, in turn, depend on the mix of lot sizes and building attributes (improvement characteristics), which are affected by zoning....

This paper examines the impact of the introduction of Individual Transferable Quotas (ITQs) on catch, market share, and capacity utilization of firms in the Mid Atlantic Surf Clam and Ocean Quahog (SCOQ) Fishery. Via the production function framework, catch and market share regression models are...

Changes in consumer demographic composition, information technology, labor force participation, and time demands of the workplace have created demand as well as opportunities for the food retailing industry to deliver food using new alternative methods. Using a logit analysis, this study...

The drivers of economic growth in what is called the New Economy has become animportant policy question. As communities across the country face economic challenges and a new economic reality, the question of what works in the New Economy has emerged. This study aims to provide growth...

The distribution of lot sizes and associated improvements affect property values. Hence, zoning affects municipal property tax revenues. If optimal lot size is inconsistent with the targeted zoning density in a community, municipal revenue can be increased through zoning change. This paper...

“Substantial downzoning” is defined as the exercise of police power to significantly reduce the legally permitted density on undeveloped land in a community. This contentious practice is typically challenged by those who perceive the action to limit their market opportunities (e.g., farmers...

Medical foods, which fall in the gray area between food and drugs, are a necessity for persons with inborn errors of metabolism. Being more expensive than regular foods, some U.S. states have mandated insurance companies to provide coverage for the afflicted community. To investigate the...