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The External Cruising Costs of Parking

Author

Listed:
  • Eren Inci

    (Sabanci University, Turkey)

  • Jos N. van Ommeren

    (VU University Amsterdam, the Netherlands)

  • Martijn Kobus

    (MuConsult, the Netherlands)

Abstract

Existing work emphasizes the importance of traffic congestion externalities, but typically ignores cruising-for-parking externalities. We introduce a novel methodology to estimate the marginal external cruising costs of parking. The level of cruising is identified by examining to what extent the car inflow rate into the parking location falls with parking occupancy level. For a commercial street in Istanbul, we demonstrate that a marginal car parking for one hour induces 3.6 other cars to cruise for parking. This translates into an external cruising cost that far exceeds the external traffic congestion cost created by the trip.

Suggested Citation

  • Eren Inci & Jos N. van Ommeren & Martijn Kobus, 2015. "The External Cruising Costs of Parking," Tinbergen Institute Discussion Papers 15-117/VIII, Tinbergen Institute.
  • Handle: RePEc:tin:wpaper:20150117
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    Citations

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    Cited by:

    1. Daniel Albalate & Albert Gragera, 2018. "“Misinformation and Misperception in the market for parking”," IREA Working Papers 201812, University of Barcelona, Research Institute of Applied Economics, revised Jun 2018.
    2. Gu, Ziyuan & Li, Yifan & Saberi, Meead & Rashidi, Taha H. & Liu, Zhiyuan, 2023. "Macroscopic parking dynamics and equitable pricing: Integrating trip-based modeling with simulation-based robust optimization," Transportation Research Part B: Methodological, Elsevier, vol. 173(C), pages 354-381.
    3. Tscharaktschiew, Stefan & Reimann, Felix, 2021. "On employer-paid parking and parking (cash-out) policy: A formal synthesis of different perspectives," Transport Policy, Elsevier, vol. 110(C), pages 499-516.
    4. Sfyridis, Alexandros & Agnolucci, Paolo, 2020. "Annual average daily traffic estimation in England and Wales: An application of clustering and regression modelling," Journal of Transport Geography, Elsevier, vol. 83(C).
    5. Millard-Ball, Adam & Hampshire, Robert C. & Weinberger, Rachel, 2020. "Parking behaviour: The curious lack of cruising for parking in San Francisco," Land Use Policy, Elsevier, vol. 91(C).
    6. Maas, Alexander & Watson, Philip, 2018. "Enthusiasm curbed: Home value implications of curbside parking rights," Land Use Policy, Elsevier, vol. 77(C), pages 705-711.
    7. Dalla Chiara, Giacomo & Goodchild, Anne, 2020. "Do commercial vehicles cruise for parking? Empirical evidence from Seattle," Transport Policy, Elsevier, vol. 97(C), pages 26-36.
    8. Rodríguez, Andrés & Cordera, Rubén & Alonso, Borja & dell'Olio, Luigi & Benavente, Juan, 2022. "Microsimulation parking choice and search model to assess dynamic pricing scenarios," Transportation Research Part A: Policy and Practice, Elsevier, vol. 156(C), pages 253-269.
    9. Schmid, Joshua & Wang, Xiaokun (Cara) & Conway, Alison, 2018. "Commercial vehicle parking duration in New York City and its implications for planning," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 580-590.
    10. Ding, Yanyan & Jian, Sisi, 2022. "Strategic collaboration between land owners and charging station operators: Lease or outsource?," Transportation Research Part B: Methodological, Elsevier, vol. 166(C), pages 183-211.
    11. Eliasson, Jonas & Börjesson, Maria, 2022. "Costs and benefits of parking charges in residential areas," Transportation Research Part B: Methodological, Elsevier, vol. 166(C), pages 95-109.
    12. Kim, Haena & Goodchild, Anne & Boyle, Linda Ng, 2021. "Empirical analysis of commercial vehicle dwell times around freight-attracting urban buildings in downtown Seattle," Transportation Research Part A: Policy and Practice, Elsevier, vol. 147(C), pages 320-338.
    13. Gragera, Albert & Hybel, Jesper & Madsen, Edith & Mulalic, Ismir, 2021. "A model for estimation of the demand for on-street parking," Economics of Transportation, Elsevier, vol. 28(C).
    14. Geva, Sharon & Fulman, Nir & Ben-Elia, Eran, 2022. "Getting the prices right: Drivers' cruising choices in a serious parking game," Transportation Research Part A: Policy and Practice, Elsevier, vol. 165(C), pages 54-75.
    15. Pons-Rigat, Aleix & Proost, Stef & Turró, Mateu, 2020. "Workplace parking policies in an agglomeration: An illustration for Barcelona," Economics of Transportation, Elsevier, vol. 24(C).
    16. Albalate, Daniel & Gragera, Albert, 2017. "The determinants of garage prices and their interaction with curbside regulation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 101(C), pages 86-97.
    17. Hagen, Tobias & Saki, Siavash & Scheel-Kopeinig, Sabine, 2021. "start2park - determining, explaining and predicting cruising for parking," Working Paper Series 20, Frankfurt University of Applied Sciences, Faculty of Business and Law.
    18. Fulton, Lewis & Compostella, Junia & Kothawala, Alimurtaza, 2020. "Estimating the Costs of New Mobility Travel Options: Monetary and Non-Monetary Factors," Institute of Transportation Studies, Working Paper Series qt8tc6v0b5, Institute of Transportation Studies, UC Davis.
    19. Franco, Sofia F., 2017. "Downtown parking supply, work-trip mode choice and urban spatial structure," Transportation Research Part B: Methodological, Elsevier, vol. 101(C), pages 107-122.
    20. Huang‐Ting Yan & Yu‐Chin Hsu & Yu‐Hung Chang, 2022. "A multilevel analysis of the determinants of the attitude toward separate cycle paths in Taiwan," Social Science Quarterly, Southwestern Social Science Association, vol. 103(7), pages 1732-1749, December.
    21. Robert TOMANEK, 2017. "Free-Fare Public Transport In The Concept Of Sustainable Urban Mobility," Transport Problems, Silesian University of Technology, Faculty of Transport, vol. 12(SE), pages 95-105, December.
    22. Gu, Ziyuan & Safarighouzhdi, Farshid & Saberi, Meead & Rashidi, Taha H., 2021. "A macro-micro approach to modeling parking," Transportation Research Part B: Methodological, Elsevier, vol. 147(C), pages 220-244.
    23. Shoup, Donald, 2021. "Pricing curb parking," Transportation Research Part A: Policy and Practice, Elsevier, vol. 154(C), pages 399-412.
    24. Yan, Xiang & Levine, Jonathan & Marans, Robert, 2019. "The effectiveness of parking policies to reduce parking demand pressure and car use," Transport Policy, Elsevier, vol. 73(C), pages 41-50.
    25. Olus Inan, Murat & Inci, Eren & Robin Lindsey, C., 2019. "Spillover parking," Transportation Research Part B: Methodological, Elsevier, vol. 125(C), pages 197-228.

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    More about this item

    Keywords

    administrative parking data; cruising for parking; external costs of parking; parking fee; parking occupancy rate;
    All these keywords.

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • 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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