Impact of Risk and Benefit on the Suppliers’ and Managers’ Intention of Shared Parking in Residential Areas

Jin Xie, Xiaofei Ye, Zhongzhen Yang, Xingchen Yan, Lili Lu, Zhen Yang and Tao Wang
Additional contact information
Jin Xie: Faculty of Maritime and Transportation, Ningbo University, Ningbo 315211, China
Xiaofei Ye: Faculty of Maritime and Transportation, Ningbo University, Ningbo 315211, China
Zhongzhen Yang: Faculty of Maritime and Transportation, Ningbo University, Ningbo 315211, China
Xingchen Yan: College of Automobile and Traffic Engineering, Nanjing Forestry University, Nanjing 210037, China
Lili Lu: Faculty of Maritime and Transportation, Ningbo University, Ningbo 315211, China
Zhen Yang: College of Automobile and Traffic Engineering, Nanjing Forestry University, Nanjing 210037, China
Tao Wang: School of Architecture and Transportation, Guilin University of Electronic Technology, Guilin 541004, China

Sustainability, 2019, vol. 12, issue 1, 1-17

Abstract: Shared parking is not commonly applied in residential areas. The reason is that parking suppliers and managers believe that there are many uncertainties and conflicts in obtaining sharing benefits and taking sharing risks. To increase their acceptance of shared parking in residential areas, risk and benefit factors were identified by an influential analysis and a questionnaire survey. A research framework based on the structural equation model was developed to analyze the relationship between shared-parking risks, shared-parking benefits, management pressure, and intentions of parking suppliers and managers. The results showed that, to parking suppliers, the risks of shared parking have the largest effect on suppliers’ intention to apply shared parking by a standardized coefficient of −0.85, followed by the benefits of shared parking (0.29), and management pressures (−0.14). To the parking managers, management pressures have the largest effect on managers’ intention to apply shared parking by a standardized coefficient of −0.74, followed by the benefits of shared parking (0.52) and risks of shared parking (−0.46). These results can help in increasing parking suppliers’ and managers’ acceptance of shared parking in residential areas.

Keywords: transportation management; shared parking; stakeholders; risks and benefits; structural equation model (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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