Template-Type: ReDIF-Paper 1.0 Series: Tinbergen Institute Discussion Papers Creation-Date: 2010-05-03 Number: 10-048/3 Author-Name: Jos van Ommeren Author-Workplace-Name: VU University Amsterdam Author-Name: Derk Wentink Author-Workplace-Name: VU University Amsterdam Title: The (Hidden) Cost of Employer Parking Policies Abstract: This discussion paper resulted in a publication in the 'International Economic Review', 53(3), 965-978.
It has been argued that urban planning policies, through minimum parking requirements, and income tax policies induce free employer parking. We show that tax policies induce welfare losses in the order of 12% of parking resource costs, implying an annual deadweight loss in the order of € 5 billion for Europe. In the US, due to the presence of minimum parking requirements, the deadweight loss of policy is even higher and in the order of $ 30 billion. Classification-JEL: R41 Keywords: employer parking, tax distortion, urban planning policies File-Url: http://papers.tinbergen.nl/10048.pdf File-Format: application/pdf File-Size: 231794 bytes Handle: RePEc:tin:wpaper:20100048