Time-varying parking prices

Jos van Ommeren () and Giovanni Russo

ERSA conference papers from European Regional Science Association

Abstract: According to economic theory, the price of parking must vary with the demand for this good. We study the economic consequences of not doing so by estimating the employees' parking demand at one organisation, which, rather uniquely, follows this recommendation. We estimate the effect of the employees' parking price on demand using an innovative difference-in-differences methodology. The deadweight loss generated by non-optimal pricing of parking is at least 9% of the parking resource costs.

Date: 2012-10
New Economics Papers: this item is included in nep-tre
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www-sre.wu.ac.at/ersa/ersaconfs/ersa12/e120821aFinal00830.pdf (application/pdf)

Related works:
Journal Article: Time-varying parking prices (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wiw:wiwrsa:ersa12p828

Access Statistics for this paper

More papers in ERSA conference papers from European Regional Science Association Welthandelsplatz 1, 1020 Vienna, Austria.
Bibliographic data for series maintained by Gunther Maier ().