A novel methodology to estimate cruising for parking and related external costs

Van Ommeren, Jos and McIvor, Michael and Mulalic, Ismir and İnci, Eren (2021) A novel methodology to estimate cruising for parking and related external costs. Transportation Research Part B: Methodological, 145 . pp. 247-269. ISSN 0191-2615 (Print) 1879-2367 (Online)

This is the latest version of this item.

[thumbnail of 1-s2.0-S0191261520304537-main.pdf] PDF
1-s2.0-S0191261520304537-main.pdf
Restricted to Repository staff only

Download (3MB) | Request a copy

Abstract

Practitioners need to know the level of cruising for parking when designing parking policies. Existing methodologies, such as counting, experiments, and survey, are either too expensive or infeasible to be undertaken on a large scale. Inci et al. (2017) introduce an instrumental-variables-based econometric methodology using administrative data to estimate the average level of cruising when parking is close to full occupancy. This paper introduces a novel methodology to estimate the marginal external cruising time (and thus cost) across time and space. Our methodology is easier to implement, requires even less data, estimates the whole distribution rather than the average, and does not require parking to be near full occupancy. It also allows for welfare evaluations of parking fees and supply. To illustrate all these, we apply our methodology to Melbourne, which generates rich policy insights. We also apply it to the same dataset that Inci et al. (2017) use for Istanbul and find consistent results, rendering confidence to both methodologies.
Item Type: Article
Divisions: Faculty of Arts and Social Sciences > Academic programs > Economics
Faculty of Arts and Social Sciences
Depositing User: Eren İnci
Date Deposited: 20 Feb 2021 18:38
Last Modified: 20 Feb 2021 18:38
URI: https://research.sabanciuniv.edu/id/eprint/41306

Available Versions of this Item

Actions (login required)

View Item
View Item