Estimating the Travel and Parking Demand Effects of Employer-Paid Parking
A multinomial logit model of downtown Los Angeles commuters is used to assess the effect of employer-paid parking on mode choice and parking demand. Employer-paid parking significantly increases the probability that an employee will drive to work alone. The best performing models predict that between 25 and 34 percent fewer automobiles are driven to work when workers have to pay to park, as compared to when they park free. This analysis provides support for the notion that public policies concerning traffic congestion, air pollution and energy use must address employer-paid parking.
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- Kenneth Train, 1980. "A Structured Logit Model of Auto Ownership and Mode Choice," Review of Economic Studies, Oxford University Press, vol. 47(2), pages 357-370.
- Willson, Richard W. & Shoup, Donald C., 1990. "Parking Subsidies and Travel Choices: Assessing the Evidence," University of California Transportation Center, Working Papers qt3256f490, University of California Transportation Center.
- Wilson, Richard W. & Shoup, Donald C., 1990. "Parking Subsidies and Travel Choices: Assessing the Evidence," University of California Transportation Center, Working Papers qt5w24532x, University of California Transportation Center.
- Gillen, David W., 1977. "Estimation and specification of the effects of parking costs on urban transport mode choice," Journal of Urban Economics, Elsevier, vol. 4(2), pages 186-199, April.