Parking policy,parking location decisions and the distribution of congestion

The paper develops and tests a model which characterizes the parking location decisions of individual tripmakers. The model is designed to offer information concerning the effects of alternative parking policies on parking location decisions and therefore the effects on the distribution of congestion in an urban area.Own price, time price and full price elasticities for alternative parking locations are estimated. The own price elasticity is found to rise with distance from the destination point while the time price elasticity falls with distance. The full price elasticity is found to be relatively stable.One is able to determine from the calculated elasticities, the effects of alternative parking policies such as raising parking fees, time restrictions, or increasing search or transaction costs on the distribution of individuals consuming parking services; from this one can infer the impact on the distribution of congestion.The paper also offers some explanation for the low elasticity of auto use with respect to changes in parking costs found in some modal choice studies.The author is indebted to Adolf Buse, Ken Norrie and Richard Westin for helpful comments and criticism.