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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'...
Persistent link: https://www.econbiz.de/10011378958
The literature on car cruising is dominated by theory. This is the first article thatexamines cruising for parking using a nation-wide random sample of car trips. We excludeemployer-provided and residential parking. We demonstrate that cruising time is, on average, 36seconds per car trip. Car...
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It has been argued that urban planning policies, through minimum parking requirements, and income tax policies induce free employer parking. We show that tax policies induce welfare losses in the order of 12% of parking resource costs, implying an annual deadweight loss in the order of € 5...
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It has been argued that urban planning policies, through minimum parking requirements, and income tax policies induce free employer parking. We show that tax policies induce welfare losses in the order of 12% of parking resource costs, implying an annual deadweight loss in the order of € 5...
Persistent link: https://www.econbiz.de/10010325815
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'...
Persistent link: https://www.econbiz.de/10010325846