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Downtown Parking and Traffic Congestion: A Diagrammatic Exposition

  • Richard Arnott
  • Eren Inci

    ()

  • John Rowse

Through an extended numerical example, this paper develops a diagrammatic analysis of steady-state parking and traffic congestion in an isotropic downtown and provides systematic policy analysis. Unlike our previous work, the model incorporates curbside parking, garage parking, and price-sensitive travel demand in a unified setting. We examine the deadweight loss associated with underpriced curbside parking, as well as first- and second-best curbside parking capacities. We also explore the transient dynamics and stability of various downtown traffic equilibria. Keywords: cruising for parking, curbside parking, parking garages, parking policy, traffic congestion JEL Classification: D04; L91; R41; R48

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File URL: http://www-sre.wu.ac.at/ersa/ersaconfs/ersa12/e120821aFinal00613.pdf
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Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa12p611.

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Date of creation: Oct 2012
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Handle: RePEc:wiw:wiwrsa:ersa12p611
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  1. Arnott, Richard & Inci, Eren, 2010. "The stability of downtown parking and traffic congestion," Journal of Urban Economics, Elsevier, vol. 68(3), pages 260-276, November.
  2. Arnott, Richard & Rowse, John, 2011. "Curbside Parking Time Limits," University of California Transportation Center, Working Papers qt3627c218, University of California Transportation Center.
  3. Richard Arnott & John Rowse, 2007. "Downtown Parking in Auto City," Boston College Working Papers in Economics 665, Boston College Department of Economics.
  4. Hasker, Kevin & Inci, Eren, 2012. "Free Parking for All in Shopping Malls," MPRA Paper 35978, University Library of Munich, Germany.
  5. Daganzo, Carlos F. & Gayah, Vikash V. & Gonzales, Eric J., 2011. "Macroscopic relations of urban traffic variables: Bifurcations, multivaluedness and instability," Transportation Research Part B: Methodological, Elsevier, vol. 45(1), pages 278-288, January.
  6. Richard Arnott & Eren Inci, 2005. "An Integrated Model of Downtown Parking and Traffic Congestion," NBER Working Papers 11118, National Bureau of Economic Research, Inc.
  7. van Ommeren, Jos & Wentink, Derk & Dekkers, Jasper, 2011. "The real price of parking policy," Journal of Urban Economics, Elsevier, vol. 70(1), pages 25-31, July.
  8. Shoup, Donald C., 2006. "Cruising for Parking," University of California Transportation Center, Working Papers qt55s7079f, University of California Transportation Center.
  9. Richard Arnott & John Rowse, 1997. "Modeling Parking," Boston College Working Papers in Economics 350., Boston College Department of Economics.
  10. Shoup, Donald C., 2006. "Cruising for parking," Transport Policy, Elsevier, vol. 13(6), pages 479-486, November.
  11. Richard Arnott & Tilmann Rave & Ronnie Schöb, 2005. "Alleviating Urban Traffic Congestion," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262012197, June.
  12. repec:ucp:bkecon:9781884829987 is not listed on IDEAS
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