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Residential parking permits and parking supply

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  • van Ommeren, Jos
  • de Groote, Jesper
  • Mingardo, Giuliano

Abstract

We estimate welfare losses of policies that provide on-street parking permits to residents almost free of charge in Dutch shopping districts that are predominantly downtown. Our empirical results indicate that parking supply is far from perfectly price elastic, implying that there are substantial welfare losses related to underpriced parking permits. Our results suggest that the provision of residential parking permits in downtown shopping districts induces a yearly welfare loss of about €275 per permit, which is about 15% of the supply cost of a parking place.

Suggested Citation

  • van Ommeren, Jos & de Groote, Jesper & Mingardo, Giuliano, 2014. "Residential parking permits and parking supply," Regional Science and Urban Economics, Elsevier, vol. 45(C), pages 33-44.
  • Handle: RePEc:eee:regeco:v:45:y:2014:i:c:p:33-44
    DOI: 10.1016/j.regsciurbeco.2013.11.003
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. DE BORGER, Bruno & RUSSO, Antonio, 2015. "Lobbying and the political economy of pricing car access to downtown commercial districts," Working Papers 2015012, University of Antwerp, Faculty of Applied Economics.
    2. Ersoy, Fulya Yuksel & Hasker, Kevin & Inci, Eren, 2016. "Parking as a loss leader at shopping malls," Transportation Research Part B: Methodological, Elsevier, vol. 91(C), pages 98-112.
    3. Molenda, Inga & Sieg, Gernot, 2013. "Residential parking in vibrant city districts," Economics of Transportation, Elsevier, vol. 2(4), pages 131-139.
    4. Seya, Hajime & Nakamichi, Kumiko & Yamagata, Yoshiki, 2016. "The residential parking rent price elasticity of car ownership in Japan," Transportation Research Part A: Policy and Practice, Elsevier, vol. 85(C), pages 123-134.
    5. Groote, Jesper De & Ommeren, Jos Van & Koster, Hans R.A., 2016. "Car ownership and residential parking subsidies: Evidence from Amsterdam," Economics of Transportation, Elsevier, vol. 6(C), pages 25-37.
    6. Inci, Eren, 2015. "A review of the economics of parking," Economics of Transportation, Elsevier, vol. 4(1), pages 50-63.
    7. De Borger, Bruno & Russo, Antonio, 2017. "The political economy of pricing car access to downtown commercial districts," Transportation Research Part B: Methodological, Elsevier, vol. 98(C), pages 76-93.

    More about this item

    Keywords

    Parking supply; Residential parking permit; Deadweight loss;

    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

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