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THE (HIDDEN) COST OF EMPLOYER PARKING POLICIES *
Author(s) -
Van Ommeren Jos,
Wentink Derk
Publication year - 2012
Publication title -
international economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.658
H-Index - 86
eISSN - 1468-2354
pISSN - 0020-6598
DOI - 10.1111/j.1468-2354.2012.00707.x
Subject(s) - welfare , deadweight loss , resource (disambiguation) , business , public economics , economics , market economy , computer science , computer network
It has been argued that distortionary tax policies, which stipulate that employer parking is not taxed as a benefit in kind, as well as minimum parking requirements induce welfare losses. Using Dutch data, we show that current tax policies induce welfare losses of about 10% of employer parking resource costs. Hypothetical minimum parking requirements for employers, at levels currently applied in the United States, induce an additional deadweight loss of 18% of employer parking resource costs.