The Real Price Of Parking Policy

This paper is the first to empirically examine the residents' willingness to pay for on-street parking permits as well as the cost of cruising using an identification methodology based on house prices for Amsterdam. The average cost of cruising is €1.30 per day. The average residents' willingness to pay for a parking permit is €8 per day. Further, we show that the introduction of paid parking in a neighborhood decreases house prices in this neighbourhood.

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Year of publication:	2009
Authors:	van Ommeren, Jos ; Wentink, Derk ; Dekkers, Jasper
Publisher:	Amsterdam and Rotterdam : Tinbergen Institute
Subject:	Ruhender Verkehr \| Willingness to pay \| Amsterdam \| on-street parking \| cruising \| parking policy \| parking permits

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Series:	Tinbergen Institute Discussion Paper ; 09-083/3
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	839020856 [GVK] hdl:10419/86861 [Handle] RePEc:dgr:uvatin:20090083 [RePEc]
Classification:	R48 - Government Pricing; Regulatory Policies
Source:	EconStor

Persistent link: https://www.econbiz.de/10010325846