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Effect of on-street parking pricing policies on parking characteristics: A case study of Nanning
Highlights The time-varying effect of pricing on on-street parking behavior is investigated. Field-collected panel data over four time periods is used. Parking duration decreases as parking price increases. The elasticity of parking turnover fluctuates during the study period.
Abstract Parking pricing is considered a powerful tool for improving parking management and relieving traffic congestion in metropolitan areas. This study uses field-collected panel data over four time periods before and after the implementation of a new parking pricing policy in Nanning to investigate the time-varying effect of pricing on on-street parking characteristics, including parking duration and parking turnover. Results show that parking duration decreases as parking price increases, with the relationship presenting a growing elasticity. The elasticity of parking turnover fluctuates due perhaps to the influence of vehicle ownership. Kolmogorov–Smirnov (K-S) tests show that on-street parking characteristics differ significantly before and after the implementation of a new parking pricing structure. Strategies that can improve parking services are also investigated based on the empirical data and modeling results.
Effect of on-street parking pricing policies on parking characteristics: A case study of Nanning
Highlights The time-varying effect of pricing on on-street parking behavior is investigated. Field-collected panel data over four time periods is used. Parking duration decreases as parking price increases. The elasticity of parking turnover fluctuates during the study period.
Abstract Parking pricing is considered a powerful tool for improving parking management and relieving traffic congestion in metropolitan areas. This study uses field-collected panel data over four time periods before and after the implementation of a new parking pricing policy in Nanning to investigate the time-varying effect of pricing on on-street parking characteristics, including parking duration and parking turnover. Results show that parking duration decreases as parking price increases, with the relationship presenting a growing elasticity. The elasticity of parking turnover fluctuates due perhaps to the influence of vehicle ownership. Kolmogorov–Smirnov (K-S) tests show that on-street parking characteristics differ significantly before and after the implementation of a new parking pricing structure. Strategies that can improve parking services are also investigated based on the empirical data and modeling results.
Effect of on-street parking pricing policies on parking characteristics: A case study of Nanning
Wang, Hao (author) / Li, Ruimin (author) / Wang, Xiaokun (author) / Shang, Pan (author)
Transportation Research Part A: Policy and Practice ; 137 ; 65-78
2020-04-08
14 pages
Article (Journal)
Electronic Resource
English
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