EFFECTIVENESS OF PRICING IN RESTRAINING CITY TRAFFIC

Parking charges are at present the only pricing measure used widely in Canadian cities to restrain city traffic. Most interest in modifying prices is focused on their use to discourage CBD-oriented trips during the peak periods. However, the majority of such trips do not use all-day parking. Evidence on whether other trips are sensitive to parking is limited, but generally supports the hypothesis that, for work trips, the demand for automobile usage as a function of parking charges is inelastic. This agrees with studies made of parking charges in U.S. cities. Gillen's analysis, which gives elasticities of about -0.3 in Toronto, explains these low estimates by the reaction of many drivers faced with a higher charge: relocating rather than switching modes. Nevertheless, different pricing policies for private parking in Ottawa and Toronto appear to have a significant effect on commuters' choice of mode, and parking rates may be a useful instrument when used with other measures. /Author/

Media Info

  • Media Type: Print
  • Features: Figures; References;
  • Pagination: pp 48-53
  • Monograph Title: Transportation and land use planning abroad
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00139637
  • Record Type: Publication
  • Files: TRIS, TRB, ATRI
  • Created Date: Nov 17 1976 12:00AM