Effect of on-street parking pricing policies on parking characteristics: A case study of Nanning

Hao Wang, Ruimin Li, Wang, Xiaokun (Cara) and Pan Shang

Transportation Research Part A: Policy and Practice, 2020, vol. 137, issue C, 65-78

Abstract: Parking pricing is considered a powerful tool for improving parking management and relieving traffic congestion in metropolitan areas. This study uses field-collected panel data over four time periods before and after the implementation of a new parking pricing policy in Nanning to investigate the time-varying effect of pricing on on-street parking characteristics, including parking duration and parking turnover. Results show that parking duration decreases as parking price increases, with the relationship presenting a growing elasticity. The elasticity of parking turnover fluctuates due perhaps to the influence of vehicle ownership. Kolmogorov–Smirnov (K-S) tests show that on-street parking characteristics differ significantly before and after the implementation of a new parking pricing structure. Strategies that can improve parking services are also investigated based on the empirical data and modeling results.

Keywords: On-street parking pricing policy; Parking duration; Parking turnover; Price elasticity (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (7)

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DOI: 10.1016/j.tra.2020.04.003

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