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June 4, 2026
Machine Learning Models Can Help Reduce Volatility and Boost Stock Market Returns
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EXPLORING ASSOCIATIONS BETWEEN PARKING OCCUPANCY RATE AT RESIDENTIAL ESTATES AND SPATIAL CHARACTERISTICS. THE CASE OF YEKATERINBURG

NRU HSE , 2020. No. 9.
Muleev Y. Y.
Financial losses due to low demand for parking spaces in garages at residential estates is a key motivation for this research. The purpose of this paper in particular is to statistically explore the relationship between parking occupancy rates and various factors on transport supply, characteristics of location and the building. The occupancy rate of parking was measured as the ratio of actual number of cars to total number of parking spaces. The fieldwork on counting occupied parking spaces was conducted 2 times per day during a week on a sample of 13 locations in different areas of a 1.4-million Yekaterinburg city in Russia. 4700 observed parking spaces give sample size of 173 records. Statistical analysis shows that the crow-fly distance to the city center as well as the number of public transport stops are strongly associated with occupancy rate for parking. Also, occupancy rate is much more affected by the type of parking ownership. Private owning means purchase of a parking space or renting it while public ownership suggests free access. So private parking means a 45% decline in occupancy compared to the public parking regime. Research provides empirical results and some theoretical underpinnings are also highlighted.
Priority areas: economics
Language: English
Keywords: Russiaparking performanceparking occupancy rateparking garages
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