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Title: The impact of curbside parking regulations on car ownership [WP]
Author: Albalate, Daniel, 1980-
Gragera Lladó, Albert
Keywords: Aparcaments
Circulació urbana
Política governamental
Parking garages
City traffic
Government policy
Issue Date: 2019
Publisher: Universitat de Barcelona. Facultat d'Economia i Empresa
Series/Report no: [WP E-IR19/09]
Abstract: Car ownership is a major driver of household travel behavior and has a marked impact on transport demand, energy consumption, emission levels and land use. However, just how curbside parking regulations (i.e. paid parking) affects car ownership remains unclear. Here, we employ a two-way fixed effect model using panel data and difference-in-differences estimations to determine the causal impact of changes in parking regulations and the specific impact of the extension of a city-wide parking policy in Barcelona. Our results suggest that the introduction of paid parking to reduce non-resident/visitor demand has a positive impact on resident car ownership levels. Our welfare analysis suggests that the welfare loss derived from the residents’ parking subsidy and their likely increase in car usage can easily offset the benefits derived from visitor-trip deterrence. This being the case, the tradeoff between efficiency and acceptability requires careful consideration.
Note: Reproducció del document publicat a:
It is part of: IREA – Working Papers, 2019, IR19/09
Appears in Collections:Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA))

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