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Residential Parking Permits and Parking Supply

Author

Listed:
  • Jos van Ommeren

    (VU University Amsterdam)

  • Jesper de Groote

    (VU University Amsterdam)

  • Giuliano Mingardo

    (Erasmus University Rotterdam)

Abstract

This discussion paper led to a publication in 'Regional Science and Urban Economics' , 45, 33-44. We estimate welfare losses of policies that provide on-street parking permits to residents almost free of charge in shopping districts. Our empirical results indicate that parking supply is far from perfectly price elastic, implying that there are substantial welfare losses related to under-priced parking permits. Our results suggest that the provision of residential parking permits in shopping districts induces a yearly deadweight loss of at least euro 500 per permit, which is about 30% of the supply cost of a parking place in shopping districts.

Suggested Citation

  • Jos van Ommeren & Jesper de Groote & Giuliano Mingardo, 2013. "Residential Parking Permits and Parking Supply," Tinbergen Institute Discussion Papers 13-059/VIII, Tinbergen Institute.
  • Handle: RePEc:tin:wpaper:20130059
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    References listed on IDEAS

    as
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    Citations

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    Cited by:

    1. Bruno De Borger & Antonio Russo, 2015. "The Political Economy of Pricing Car Access to Downtown Commercial Districts," CESifo Working Paper Series 5294, CESifo Group Munich.
    2. Molenda, Inga & Sieg, Gernot, 2013. "Residential parking in vibrant city districts," Economics of Transportation, Elsevier, vol. 2(4), pages 131-139.
    3. 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.
    4. 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 Business and Economics.
    5. Daniel Albalate & Albert Gragera, 2019. "“The impact of curbside parking regulations on car ownership”," IREA Working Papers 201909, University of Barcelona, Research Institute of Applied Economics, revised Jun 2019.
    6. de Groote, Jesper & van Ommeren, Jos & Koster, Hans R.A., 2019. "The effect of paid parking and bicycle subsidies on employees’ parking demand," Transportation Research Part A: Policy and Practice, Elsevier, vol. 128(C), pages 46-58.
    7. 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.
    8. 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.
    9. Inci, Eren, 2015. "A review of the economics of parking," Economics of Transportation, Elsevier, vol. 4(1), pages 50-63.
    10. 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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