This paper reports the results of a stated-preference survey of mode choice under different parking fees in downtown Beijing during the morning peak period. The respondents' preferences are estimated by means of a Multinomial Logit Model. The main findings indicate that drivers are sensitive to parking fees, and that, assuming low parking fees outside the central city, the major effect of a high parking fee downtown is the shifting to parking outside the downtown area and riding transit to internal destinations (P&R.) A high degree of travel demand elasticity is found and a specific parking fee policy for Beijing is recommended.
Analysis of Parking Fee Effect on Travel Behavior in a Downtown District
First International Symposium on Transportation and Development Innovative Best Practices ; 2008 ; Beijing, China
2008-04-04
Aufsatz (Konferenz)
Elektronische Ressource
Englisch
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