The causal relationship between road density and parking occupancy
1 Department of economics, Higher Institute of Finance and Taxation of Sousse, Tunisia.
2 Department of economic sciences and management, Higher Institute for Technological Studies of Ksar Hellal, Tunisia.
3 Department of economics, Higher School of Business of Tunis, Manouba 2010, Tunisia.
Research Article
World Journal of Advanced Research and Reviews, 2022, 15(03), 125–134
Article DOI: 10.30574/wjarr.2022.15.3.0896
Publication history:
Received on 01 August 2022; revised on 02 September 2022; accepted on 04 September 2022
Abstract:
In order to alleviate traffic congestion-parking challenges, this research investigates the causal relationship between road density and parking occupancy. We use Granger causality tests based on vector error correction modeling. During the daily period of twelve consecutive hours, data were collected on road density and parking occupancy in a parking lot and on-street parking in Tunis city center. The empirical results highlight that the dominant type of Granger causality is unidirectional. Hence, we conclude that there is an endogenous relationship between road density and parking occupancy. The findings of this study indicate a need to rethink policy and can be incorporated into modeling parking.
Keywords:
Congestion; Parking; Traffic density; Granger causality test; Time series
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