Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2021-02-05
Number: 21-015/VIII
Author-Name: Francis Ostermeijer
Author-Workplace-Name: Vrije Universiteit Amsterdam
Author-Name: Hans RA Koster
Author-Workplace-Name: Vrije Universiteit Amsterdam
Author-Name: Leonardo Nunes
Author-Workplace-Name: Vrije Universiteit Amsterdam
Author-Name: Jos van Ommeren
Author-Workplace-Name: Vrije Universiteit Amsterdam
Title: Citywide parking policy and traffic: Evidence from Amsterdam
Abstract: We examine the eff ect of citywide parking policy on parking and traffic demand. Using a large increase in on-street parking prices for the city of Amsterdam, we show that the policy caused a substantial drop in on-street parking demand, which is not off set by an increase in off -street demand. The overall reduction in parking demand implies a 2% - 3% reduction in traffic, which is con firmed with traffic flow data. The reductions in traffic are larger during the evening peak, which indicates that parking prices are effective at reducing congestion in the evening peak, but lesser in the morning peak.
Classification-JEL: R41, R48, R51, R52
Keywords: Parking, prices, traffic flow, congestion
File-URL: https://papers.tinbergen.nl/21015.pdf
File-Format: application/pdf
File-Size: 1926043 bytes
Handle: RePEc:tin:wpaper:20210015