Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86861
Authors: 
van Ommeren, Jos
Wentink, Derk
Dekkers, Jasper
Year of Publication: 
2009
Series/Report no.: 
Tinbergen Institute Discussion Paper 09-083/3
Abstract: 
This paper is the first to empirically examine the residents' willingness to pay for on-street parking permits as well as the cost of cruising using an identification methodology based on house prices for Amsterdam. The average cost of cruising is €1.30 per day. The average residents' willingness to pay for a parking permit is €8 per day. Further, we show that the introduction of paid parking in a neighborhood decreases house prices in this neighbourhood.
Subjects: 
on-street parking
cruising
parking policy
parking permits
JEL: 
R48
Document Type: 
Working Paper

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