Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/87424 
Year of Publication: 
2013
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 13-059/VIII
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
We estimate welfare losses of policies that provide on-street parking permits to residents almost free of charge in shopping districts. Our empirical results indicate that parking supply is far from perfectly price elastic, implying that there are substantial welfare losses related to under-priced parking permits. Our results suggest that the provision of residential parking permits in shopping districts induces a yearly deadweight loss of at least euro 500 per permit, which is about 30% of the supply cost of a parking place in shopping districts.
Subjects: 
parking supply
residential parking permit
deadweight loss
JEL: 
R41
R48
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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