ABSTRACT

For many land uses, the area devoted to parking exceeds the floor area of the building it serves. Delucchi points out that most parking is not priced separately but is instead bundled with other goods and priced as a package. Because Delucchi included the cost of curb parking in the cost of roads, the total cost of the parking supply is underestimated. There are more parking spaces than vehicles because drivers must be able to park wherever they go, and many parking spaces are vacant much of the time. Cities require a specific number of parking spaces for every land use, but no city collects data on its total parking supply. In the long run, charging for parking would increase the cost of driving to work by even more than a $4.44-per-gallon gasoline tax. Therefore, employer-paid parking reduces the cost of driving to work by more than the recommended congestion tolls would increase it.