Residential parking permits and parking supply

J.N. van Ommeren, J. de Groote, G. Mingardo

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

We estimate welfare losses of policies that provide on-street parking permits to residents almost free of charge in Dutch shopping districts that are predominantly downtown. Our empirical results indicate that parking supply is far from perfectly price elastic, implying that there are substantial welfare losses related to underpriced parking permits. Our results suggest that the provision of residential parking permits in downtown shopping districts induces a yearly welfare loss of about €275 per permit, which is about 15% of the supply cost of a parking place. © 2013 Elsevier B.V.
Original languageEnglish
Pages (from-to)33-44
Number of pages11
JournalRegional Science and Urban Economics
Volume45
Issue numberMarch
DOIs
Publication statusPublished - 2014

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