On-street versus off-street parking: an urban economic analysis

On-street parking is suggested to be associated with congestion due to cruising for parking. Against this background, the authors examine a full switch from on-street parking to off-street by means of a spatial urban CGE model. Hereby, they model cruising for parking, on-street and off-street parking together with location decisions, land and labor markets. They consider different funding schemes for infrastructure: lump-sum taxation, congestion tolls and parking fees. They find that prohibiting on-street parking generates a positive social net benefit if it is financed by the urban society as whole (lump-sum), and not by car users alone. Further, urban welfare declines in any case due to the effects on the land markets. This may help to explain why local policymakers are reluctant to foster off-street parking. In all cases, distributional effects are substantial with landowners being the main beneficiary of the measure. (A)

  • Availability:
  • Authors:
    • Straubinger, A
    • Tscharktschiew, S
    • Hirte, G
  • Publication Date: 2018-11

Language

  • English

Media Info

  • Media Type: Print
  • Features: Figures; References; Tables;
  • Pagination: pp 68-95
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 01687557
  • Record Type: Publication
  • Source Agency: Bundesanstalt für Straßenwesen (BASt)
  • Files: ITRD
  • Created Date: Nov 12 2018 3:13AM