Abstract
We examine the effect of citywide parking policy on parking and traffic demand. Using a large increase in on-street parking prices for the city of Amsterdam, we show that the policy caused a substantial drop in on-street parking demand, which is not offset by an increase in off-street demand. The overall reduction in parking demand implies a 2% – 3% reduction in traffic, which is confirmed with traffic flow data. The decline in traffic is larger during the evening peak, which indicates that parking prices are effective in reducing congestion in the evening peak but less so in the morning peak.
Original language | English |
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Article number | 103418 |
Pages (from-to) | 1-15 |
Number of pages | 15 |
Journal | Journal of Urban Economics |
Volume | 128 |
DOIs | |
Publication status | Published - Mar 2022 |
Bibliographical note
Funding Information:We received valuable comments from Lea Bou, Joris Klingen, Maurice de Kleijn, Rossy Nguyen, Giles Ostermeijer, Kalani Ostermeijer, Fillipo Tassinari, Erik Verhoef, and from online conference and seminar participants (EUREKA, ITEA, UEA 2020). We would like to thank Abdel En-Nali, Barry Ubbels, Leon Deckers, Marco van Leeuwen, Martijn Kobus, and Rutger van Zaanten at the Gemeente Amsterdam for many enlightening discussions and granting access to on-street parking and traffic data, and Ron Peerenboom at the Ministry of Infrastructure for providing the off-street parking data. This work was supported by the Netherlands Organization for Scientific Research (NWO) as part of the ?Spatial and Transport impacts of Automated Driving (STAD)? project 438-15-161. Email address of corresponding author: francis.ostermeijer@vu.nl
Funding Information:
We received valuable comments from Lea Bou, Joris Klingen, Maurice de Kleijn, Rossy Nguyen, Giles Ostermeijer, Kalani Ostermeijer, Fillipo Tassinari, Erik Verhoef, and from online conference and seminar participants (EUREKA, ITEA, UEA 2020). We would like to thank Abdel En-Nali, Barry Ubbels, Leon Deckers, Marco van Leeuwen, Martijn Kobus, and Rutger van Zaanten at the Gemeente Amsterdam for many enlightening discussions and granting access to on-street parking and traffic data, and Ron Peerenboom at the Ministry of Infrastructure for providing the off-street parking data. This work was supported by the Netherlands Organization for Scientific Research (NWO) as part of the ‘Spatial and Transport impacts of Automated Driving (STAD)’ project 438-15-161. Email address of corresponding author: francis.ostermeijer@vu.nl
Publisher Copyright:
© 2021 The Author(s)
Keywords
- Congestion
- Parking prices
- Traffic flow