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Parking Policy under Strategic Interaction
KTH, School of Architecture and the Built Environment (ABE), Transport Science, Transport Planning, Economics and Engineering.ORCID iD: 0000-0001-6818-4369
(English)Manuscript (preprint) (Other academic)
Abstract [en]

I  examine   the   effect   on   parking   policy   of   strategic   interaction   between jurisdictions. To do this I use an inventory scheme and an analytical model basedon Hotelling’s linear city model. I conclude that the procedure for setting supplyhas a downward effect on prices, that resource flow competition implies that thecompetitive prices are higher than the efficient prices (but that the effect of thesupply procedures makes this effect incongruous), that road investments lowersparking prices and that municipality’ park-and-ride policies often leads to the fullbenefits of public transport investments not being attained.

Keyword [en]
Parking, spillover, resource flow, efficiency, strategic interaction, linear city
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:kth:diva-216973OAI: oai:DiVA.org:kth-216973DiVA: diva2:1152735
Funder
Swedish Transport Administration
Note

QC 20171026

Available from: 2017-10-26 Created: 2017-10-26 Last updated: 2017-10-26
In thesis
1. Policy Analysis for Different Types of Decision-Making Situations
Open this publication in new window or tab >>Policy Analysis for Different Types of Decision-Making Situations
2017 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

This thesis seeks to contribute to decision support for policy makers in the transport sector. In order to frame the papers and to relate them to the broad field of “policy analysis”, I have structured the papers around a simple framework with three decision levels: responsibility, policy gap, and policy measure. The thesis contains five papers.

“Transaction and transition costs during the deregulation of the Swedish Railway market” is a paper in the transaction cost school. We studied the costs associated with the shift from monopoly to competition in the Swedish railway market, and we found that the change resulted in comparatively small transaction costs, but that transition and misalignment costs seem to be larger. 

In “Parking policy under strategic interaction”, I examined the effect of strategic interaction between jurisdictions using an analytical model based on Hotelling’s linear city model. I conclude that the procedure for setting supply in most municipalities has a strong downward effect on municipal parking fees and that resource flow competition implies that the fees are higher than the efficient prices (but that the effect of the supply procedures makes this effect incongruous).

In “Validation of aggregate reference forecasts for passenger transport”, we followed up the Swedish national forecasts for passenger transport produced from 1975 to 2009 and tried to explain the deviations. We found that the forecasts during the last decades have overestimated car traffic, and that this is due to input errors. The potential problem of using cross-sectional models for forecasting intertemporal changes seems to have been limited.

In “The kilometer tax and Swedish industry - effects on sectors and regions”, we estimated factor demand elasticities in the Swedish manufacturing industry and used these to analyze the effects of a kilometer tax for heavy goods vehicles. We found that the kilometer tax leads to factor substitution in that it decreases transport demand and increases labor demand. The effects on output are less pronounced.  

In “The effect of minimum parking requirements on the housing stock”, we used a model of the rental, asset, and construction markets. We quality-assured our assumptions and our results through interviews with market actors. In our example suburb, we found that parking norms reduced the housing stock by 1.2% and increased rents by 2.4%. 

Place, publisher, year, edition, pages
Stockholm: KTH Royal Institute of Technology, 2017. 49 p.
Keyword
transaction cost, transition cost, misalignment, parking policy, strategic interaction, spillover, resource flow, reference forecast, kilometer tax, minimum parking requirements
National Category
Economics
Research subject
Transport Science
Identifiers
urn:nbn:se:kth:diva-216974 (URN)978-91-88537-04-1 (ISBN)
Public defence
2017-11-17, Kollegiesalen, Brinellvägen 8, Stockholm, 10:00 (English)
Opponent
Supervisors
Funder
Swedish Transport AdministrationSwedish Environmental Protection Agency
Note

QC 20171026

Available from: 2017-10-26 Created: 2017-10-26 Last updated: 2017-10-31Bibliographically approved

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