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Growing vehicle use and congestion externalities have led many to consider alternative congestion pricing mechanisms, as road pricing often has high infrastructural costs and faces public opposition. This paper explores the role of parking taxation in reducing congestion by considering a natural...
Persistent link: https://www.econbiz.de/10011485212
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...
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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'...
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Recent research has indicated that the manufactured housing industry is highly heterogeneous, mainly because both demand conditions and zoning restrictiveness vary enormously from one locale to another. There is little formal empirical work on the industry, especially in the low population...
Persistent link: https://www.econbiz.de/10012125785
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Paid parking is the recommended policy tool by economists to deal with excess demand for street parking. However, we know very little about the effects of this policy on residents. This is particularly important in the context that residents have political power and usually vote against paid...
Persistent link: https://www.econbiz.de/10011636448