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Citywide parking policy and traffic: Evidence from Amsterdam

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  • Ostermeijer, Francis
  • Koster, Hans
  • Nunes, Leonardo
  • van Ommeren, Jos

Abstract

We examine the effect of citywide parking policy on parking and traffic demand. Using a large increase in on-street parking prices for the city of Amsterdam, we show that the policy caused a substantial drop in on-street parking demand, which is not offset by an increase in off-street demand. The overall reduction in parking demand implies a 2% – 3% reduction in traffic, which is confirmed with traffic flow data. The decline in traffic is larger during the evening peak, which indicates that parking prices are effective in reducing congestion in the evening peak but less so in the morning peak.

Suggested Citation

  • Ostermeijer, Francis & Koster, Hans & Nunes, Leonardo & van Ommeren, Jos, 2022. "Citywide parking policy and traffic: Evidence from Amsterdam," Journal of Urban Economics, Elsevier, vol. 128(C).
  • Handle: RePEc:eee:juecon:v:128:y:2022:i:c:s0094119021001005
    DOI: 10.1016/j.jue.2021.103418
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    2. Matija Kovačić & Maja Mutavdžija & Krešimir Buntak, 2022. "New Paradigm of Sustainable Urban Mobility: Electric and Autonomous Vehicles—A Review and Bibliometric Analysis," Sustainability, MDPI, vol. 14(15), pages 1-23, August.
    3. Durrmeyer, Isis & Martinez, Nicolas, 2022. "The Welfare Consequences of Urban Traffic Regulations," TSE Working Papers 22-1378, Toulouse School of Economics (TSE).
    4. Lucian LOBONT & Robert Razvan Cosmin MUNTOIU, 2022. "Designing an integrated modern parking in a crowded city area a case study," Smart Cities International Conference (SCIC) Proceedings, Smart-EDU Hub, vol. 10, pages 345-356, November.

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    More about this item

    Keywords

    Parking prices; Traffic flow; Congestion;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

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