IDEAS home Printed from https://ideas.repec.org/a/eee/transa/v35y2001i3p177-196.html
   My bibliography  Save this article

Parking demand and responsiveness to supply, pricing and location in the Sydney central business district

Author

Listed:
  • Hensher, David A.
  • King, Jenny

Abstract

This paper investigates the role of parking pricing and supply by time of day in whether to drive and park in the central business district (CBD). A stated preference survey of car drivers and public transport users was undertaken at a number of parking locations, public transit interchanges, and shopping centres in Sydney CBD during 1998. In the context of a current trip to the CBD, respondents were asked to consider six alternatives, including three parking locations in the CBD, park outside of the CBD with public transport connection to the CBD, switch to public transport, or forego that trip to the CBD. The three parking locations were defined by hours of operation, a tariff schedule, and access time to the final destination from the parking station. Data from the survey were then used to estimate a nested logit model of mode and parking choices, which was then used to simulate the impacts of supply pricing scenarios on CBD parking share. The change in CBD parking share attributable to supply by time of day is less than 3%, compared to 97% attributable to parking prices.

Suggested Citation

  • Hensher, David A. & King, Jenny, 2001. "Parking demand and responsiveness to supply, pricing and location in the Sydney central business district," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(3), pages 177-196, March.
  • Handle: RePEc:eee:transa:v:35:y:2001:i:3:p:177-196
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0965-8564(99)00054-3
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1995. "The economics of regulatory parking policies: The (IM)possibilities of parking policies in traffic regulation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 29(2), pages 141-156, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wang, Rui & Yuan, Quan, 2013. "Parking practices and policies under rapid motorization: The case of China," Transport Policy, Elsevier, vol. 30(C), pages 109-116.
    2. Qian, Zhen (Sean) & Rajagopal, Ram, 2014. "Optimal occupancy-driven parking pricing under demand uncertainties and traveler heterogeneity: A stochastic control approach," Transportation Research Part B: Methodological, Elsevier, vol. 67(C), pages 144-165.
    3. Verhoef, Erik T., 1999. "Time, speeds, flows and densities in static models of road traffic congestion and congestion pricing," Regional Science and Urban Economics, Elsevier, vol. 29(3), pages 341-369, May.
    4. Groote, Jesper De & Ommeren, Jos Van & Koster, Hans R.A., 2016. "Car ownership and residential parking subsidies: Evidence from Amsterdam," Economics of Transportation, Elsevier, vol. 6(C), pages 25-37.
    5. Zhi-Chun Li & William Lam & S. Wong & Hai-Jun Huang & Dao-Li Zhu, 2008. "Reliability Evaluation for Stochastic and Time-dependent Networks with Multiple Parking Facilities," Networks and Spatial Economics, Springer, vol. 8(4), pages 355-381, December.
    6. De Borger, Bruno & Russo, Antonio, 2017. "The political economy of pricing car access to downtown commercial districts," Transportation Research Part B: Methodological, Elsevier, vol. 98(C), pages 76-93.
    7. Button, Kenneth, 2006. "The political economy of parking charges in "first" and "second-best" worlds," Transport Policy, Elsevier, vol. 13(6), pages 470-478, November.
    8. Ottosson, Dadi Baldur & Chen, Cynthia & Wang, Tingting & Lin, Haiyun, 2013. "The sensitivity of on-street parking demand in response to price changes: A case study in Seattle, WA," Transport Policy, Elsevier, vol. 25(C), pages 222-232.
    9. Wang, Pengfei & Guan, Hongzhi & Liu, Peng, 2020. "Modeling and solving the optimal allocation-pricing of public parking resources problem in urban-scale network," Transportation Research Part B: Methodological, Elsevier, vol. 137(C), pages 74-98.
    10. Calthrop, Edward & Proost, Stef, 2006. "Regulating on-street parking," Regional Science and Urban Economics, Elsevier, vol. 36(1), pages 29-48, January.
    11. Evangelinos, Christos & Tscharaktschiew, Stefan & Marcucci, Edoardo & Gatta, Valerio, 2018. "Pricing workplace parking via cash-out: Effects on modal choice and implications for transport policy," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 369-380.
    12. Hamer, Paul & Young, William & Currie, Graham, 2012. "Do long stay parkers pay the Melbourne congestion levy?," Transport Policy, Elsevier, vol. 21(C), pages 71-84.
    13. Gu, Ziyuan & Li, Yifan & Saberi, Meead & Rashidi, Taha H. & Liu, Zhiyuan, 2023. "Macroscopic parking dynamics and equitable pricing: Integrating trip-based modeling with simulation-based robust optimization," Transportation Research Part B: Methodological, Elsevier, vol. 173(C), pages 354-381.
    14. Liu, Tian-Liang & Huang, Hai-Jun & Yang, Hai & Zhang, Xiaoning, 2009. "Continuum modeling of park-and-ride services in a linear monocentric city with deterministic mode choice," Transportation Research Part B: Methodological, Elsevier, vol. 43(6), pages 692-707, July.
    15. Lu, Xiao-Shan & Guo, Ren-Yong & Huang, Hai-Jun & Xu, Xiaoming & Chen, Jiajia, 2021. "Equilibrium analysis of parking for integrated daily commuting," Research in Transportation Economics, Elsevier, vol. 90(C).
    16. Button, Kenneth, 2004. "1. The Rationale For Road Pricing: Standard Theory And Latest Advances," Research in Transportation Economics, Elsevier, vol. 9(1), pages 3-25, January.
    17. Millard-Ball, Adam, 2019. "The autonomous vehicle parking problem," Transport Policy, Elsevier, vol. 75(C), pages 99-108.
    18. Lu, Xiao-Shan & Huang, Hai-Jun & Guo, Ren-Yong & Xiong, Fen, 2021. "Linear location-dependent parking fees and integrated daily commuting patterns with late arrival and early departure in a linear city," Transportation Research Part B: Methodological, Elsevier, vol. 150(C), pages 293-322.
    19. van Ommeren, Jos & de Groote, Jesper & Mingardo, Giuliano, 2014. "Residential parking permits and parking supply," Regional Science and Urban Economics, Elsevier, vol. 45(C), pages 33-44.
    20. Joana Cavadas & António Pais Antunes, 2019. "An optimization model for integrated transit-parking policy planning," Transportation, Springer, vol. 46(5), pages 1867-1891, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:transa:v:35:y:2001:i:3:p:177-196. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/547/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.