The impact of curbside parking regulation on garage demand

Parking regulation is seen as a good option to encourage modal shift in order to tackle congestion and pollution in metropolitan areas. Market-clearing curbside pricing is rarely implemented and policy makers have tended to make off-street parking provision their main tool to address excessive curbs...

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Detalles Bibliográficos
Autores: Gragera Lladó, Albert, Albalate, Daniel, 1980-
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2016
País:España
Institución:Universidad de Barcelona
Repositorio:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/105827
Acceso en línea:https://hdl.handle.net/2445/105827
Access Level:acceso abierto
Palabra clave:Planificació del transport
Garatges
Vehicles
Transportation planning
Garages
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spelling The impact of curbside parking regulation on garage demandGragera Lladó, AlbertAlbalate, Daniel, 1980-Planificació del transportGaratgesVehiclesTransportation planningGaragesVehiclesParking regulation is seen as a good option to encourage modal shift in order to tackle congestion and pollution in metropolitan areas. Market-clearing curbside pricing is rarely implemented and policy makers have tended to make off-street parking provision their main tool to address excessive curbside demand. Research devoted to garage parking is far less well developed, even though public authorities provide both curbside and garage parking that compete with privately operated facilities. In this paper the impact of garage fare and curbside regulation characteristics (fare and type of dedicated spaces) on garage parking demand are investigated. Aggregate occasional and subscribers parking demand is analyzed by means of two different econometric models estimated using a panel from Barcelona's public parking authority (BSM) that covers 34 garage facilities with yearly data for the period 2006-2012. We find that both demand segments show a negative elasticity to garage fare. Only occasional parkers show a clear substitution effect with a curbside premium ( 0.55/h). Our finding suggests that the actual pricing efficiency gap in Barcelona can range between 0.45 and 1.05 due to the mismatch between curbside and garage pricing regimes; for which we propose some policy alternatives. This stresses the need for a single integrated market approach to parking management, in order to overcome market distortions and achieve efficiency. Additionally, our results show that the characteristics of curbside parking spaces (allowance and time limits) play a role in garage demand determination, yet pricing is much more efficient trigger for behavioral change.Elsevier Ltd2016info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionapplication/pdfhttps://hdl.handle.net/2445/105827Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)reponame:Dipòsit Digital de la UBinstname:Universidad de BarcelonaInglésVersió postprint del document publicat a: https://doi.org/10.1016/j.tranpol.2016.02.002Transport Policy, 2016, vol. 47, p. 160-168https://doi.org/10.1016/j.tranpol.2016.02.002cc-by-nc-nd (c) Elsevier Ltd, 2016http://creativecommons.org/licenses/by-nc-nd/3.0/esinfo:eu-repo/semantics/openAccessoai:diposit.ub.edu:2445/1058272026-05-27T06:46:51Z
dc.title.none.fl_str_mv The impact of curbside parking regulation on garage demand
title The impact of curbside parking regulation on garage demand
spellingShingle The impact of curbside parking regulation on garage demand
Gragera Lladó, Albert
Planificació del transport
Garatges
Vehicles
Transportation planning
Garages
Vehicles
title_short The impact of curbside parking regulation on garage demand
title_full The impact of curbside parking regulation on garage demand
title_fullStr The impact of curbside parking regulation on garage demand
title_full_unstemmed The impact of curbside parking regulation on garage demand
title_sort The impact of curbside parking regulation on garage demand
dc.creator.none.fl_str_mv Gragera Lladó, Albert
Albalate, Daniel, 1980-
author Gragera Lladó, Albert
author_facet Gragera Lladó, Albert
Albalate, Daniel, 1980-
author_role author
author2 Albalate, Daniel, 1980-
author2_role author
dc.subject.none.fl_str_mv Planificació del transport
Garatges
Vehicles
Transportation planning
Garages
Vehicles
topic Planificació del transport
Garatges
Vehicles
Transportation planning
Garages
Vehicles
description Parking regulation is seen as a good option to encourage modal shift in order to tackle congestion and pollution in metropolitan areas. Market-clearing curbside pricing is rarely implemented and policy makers have tended to make off-street parking provision their main tool to address excessive curbside demand. Research devoted to garage parking is far less well developed, even though public authorities provide both curbside and garage parking that compete with privately operated facilities. In this paper the impact of garage fare and curbside regulation characteristics (fare and type of dedicated spaces) on garage parking demand are investigated. Aggregate occasional and subscribers parking demand is analyzed by means of two different econometric models estimated using a panel from Barcelona's public parking authority (BSM) that covers 34 garage facilities with yearly data for the period 2006-2012. We find that both demand segments show a negative elasticity to garage fare. Only occasional parkers show a clear substitution effect with a curbside premium ( 0.55/h). Our finding suggests that the actual pricing efficiency gap in Barcelona can range between 0.45 and 1.05 due to the mismatch between curbside and garage pricing regimes; for which we propose some policy alternatives. This stresses the need for a single integrated market approach to parking management, in order to overcome market distortions and achieve efficiency. Additionally, our results show that the characteristics of curbside parking spaces (allowance and time limits) play a role in garage demand determination, yet pricing is much more efficient trigger for behavioral change.
publishDate 2016
dc.date.none.fl_str_mv 2016
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
format article
status_str acceptedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/2445/105827
url https://hdl.handle.net/2445/105827
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Versió postprint del document publicat a: https://doi.org/10.1016/j.tranpol.2016.02.002
Transport Policy, 2016, vol. 47, p. 160-168
https://doi.org/10.1016/j.tranpol.2016.02.002
dc.rights.none.fl_str_mv cc-by-nc-nd (c) Elsevier Ltd, 2016
http://creativecommons.org/licenses/by-nc-nd/3.0/es
info:eu-repo/semantics/openAccess
rights_invalid_str_mv cc-by-nc-nd (c) Elsevier Ltd, 2016
http://creativecommons.org/licenses/by-nc-nd/3.0/es
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Elsevier Ltd
publisher.none.fl_str_mv Elsevier Ltd
dc.source.none.fl_str_mv Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)
reponame:Dipòsit Digital de la UB
instname:Universidad de Barcelona
instname_str Universidad de Barcelona
reponame_str Dipòsit Digital de la UB
collection Dipòsit Digital de la UB
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,300724

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