Analysis of Parking Fee Effect on Travel Behavior in a Downtown District

This paper reports the results if a stated-preference survey of mode choice under different parking fees in downtown Beijing during the morning peak period. The respondents’ preferences are estimated by means of a Multinomial Logit Model. The main findings indicate that drivers are sensitive to parking fees, and that, assuming, low parking fees outside the central city, the major effect of a high parking fee downtown is the shifting to parking outside the downtown area and riding transit to internal destinations (P&R). A high degree of travel demand elasticity is found and a specific parking fee policy for Beijing is recommended.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/9780784409619
• Corporate Authors:

  American Society of Civil Engineers

  Transportation and Development Institute
  1801 Alexander Bell Drive
  Reston, VA  United States  20191-4400

  China Academy of Transportation Sciences

  Ministry of Communications
  Beijing,   China  100029
• Authors:
  • Li, Wei
  • Zhang, Xiuyuan
  • Papacostas, Constantinos S
• Conference:
  • The First International Symposium on Transportation and Development – Innovative Best Practices (TDIBP 2008)
  • Location: Beijing , China
  • Date: 2008-4-24 to 2008-4-26
• Publication Date: 2008

Language

• English

Media Info

• Media Type: Print
• Features: References; Tables;
• Pagination: pp 69-74
• Monograph Title: Transportation and Development Innovative Best Practices 2008: Proceedings of the First International Symposium

Subject/Index Terms

• TRT Terms: Central business districts; Choice models; Mode choice; Parking fees; Peak periods; Prices; Pricing; Stated preferences; Travel behavior; Travel demand; Travel surveys
• Geographic Terms: Beijing (China)
• Subject Areas: Finance; Highways; Operations and Traffic Management; I73: Traffic Control;

Filing Info

• Accession Number: 01105450
• Record Type: Publication
• ISBN: 9780784409619
• Files: TRIS
• Created Date: Jul 31 2008 3:24PM