Empirical evaluation of an on-street parking pricing scheme in the city center

Empirical evaluation of an on-street parking pricing scheme in the city center

Cats, O.
Zhang, C.
Nissan, A.

Civil Engineering and Geosciences

Transport & Planning

2015-01-11

Parking pricing policies can be used as a policy instrument to steer the parking market and reduce the externalities caused by traffic in general and parking in particular. A more efficient management of parking demand can improve the utilization of the limited parking capacity at high-demand areas. Even though parking policies are often a topic of public debate, there is lack of systematic empirical analysis of various parking measures. This paper proposes a methodology to empirically measure and evaluate the impacts of on-street parking policies. The utilization of on-street parking demand is computed based on transaction data from 70 ticket vending machines which is calibrated using floating car films. Measures of parking utilization such as occupancy and its temporal variation, throughput, parking duration and turnover are compared prior and following the introduction of a new parking scheme in the center of Stockholm, Sweden, in September 2013. The results indicate that the policy led to a reduction in parking occupancy although it did not yield the 85% occupancy level objective. Furthermore, the price increase has contradictory effects on throughput and turnover due to the interaction between parking occupancy and duration. The results also question the transferability of price elasticity. It is thus recommended to consider multiple measures of parking utilization when carrying out policy evaluation.

Parking Demand Management
on-street parking
Vending Machine Data
revealed preferences
occupancy
elasticity

http://resolver.tudelft.nl/uuid:814e3ed8-2242-4bfd-a4e6-33fc81f3d161

TRB

94th Annual Meeting Transportation Research Board, Washington, USA, 11-15 January 2015; Authors version

Institutional Repository

conference paper

(c) 2015 The Author(s)