Downtown Curbside Parking Capacity

49 Pages Posted: 6 Feb 2013

See all articles by Richard J. Arnott

Richard J. Arnott

Boston College; National Bureau of Economic Research (NBER)

Eren Inci

Sabanci University

John G. Rowse

University of Calgary - Department of Economics

Date Written: January 31, 2013

Abstract

In downtown areas, what proportion of curbside should be allocated to parking? In contrast to most previous work on the economics of parking, this paper focuses on optimal curbside parking capacity in both first-best (where pricing is efficient) and second-best (where pricing is inefficient) environments. It first considers the situation where there is only curbside parking, and then the situation where there may be both curbside and private garage parking. For each situation, it examines the short run in which curbside parking capacity is fixed and the long run in which it is a policy variable.

Keywords: cruising for parking, curbside parking, curbside parking capacity, garage parking, traffic congestion

JEL Classification: D040, L910, R410, R480

Suggested Citation

Arnott, Richard J. and Inci, Eren and Rowse, John G., Downtown Curbside Parking Capacity (January 31, 2013). CESifo Working Paper Series No. 4085, Available at SSRN: https://ssrn.com/abstract=2212088

Richard J. Arnott

Boston College ( email )

140 Commonwealth Avenue
Chestnut Hill, MA 02467
United States
617-552-3674 (Phone)
617-552-1887 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Eren Inci (Contact Author)

Sabanci University ( email )

Orhanli-Tuzla, 34956 Istanbul
Turkey

HOME PAGE: http://myweb.sabanciuniv.edu/ereninci/

John G. Rowse

University of Calgary - Department of Economics ( email )

2500 University Drive, NW
Calgary, Alberta T2N 1N4
Canada

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