Residential Parking Permits and Parking Supply

Jos van Ommeren (), Jesper de Groote and Giuliano Mingardo
Additional contact information
Jesper de Groote: VU University Amsterdam
Giuliano Mingardo: Erasmus University Rotterdam

No 13-059/VIII, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: This discussion paper led to a publication in 'Regional Science and Urban Economics' , 45, 33-44.

We estimate welfare losses of policies that provide on-street parking permits to residents almost free of charge in shopping districts. Our empirical results indicate that parking supply is far from perfectly price elastic, implying that there are substantial welfare losses related to under-priced parking permits. Our results suggest that the provision of residential parking permits in shopping districts induces a yearly deadweight loss of at least euro 500 per permit, which is about 30% of the supply cost of a parking place in shopping districts.

Keywords: parking supply; residential parking permit; deadweight loss (search for similar items in EconPapers)
JEL-codes: R41 R48 (search for similar items in EconPapers)
Date: 2013-04-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Residential parking permits and parking supply (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20130059

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