Abstract

The shared parking scheme improves the utilization rate of existing parking resources and contributes to the sustainable development of cities, but many private parking spaces that are not included in the shared parking scheme have a low utilization rate in China. In order to better promote the shared parking scheme, it is necessary to study the intention of the owners of private parking spaces to share their parking spaces. Therefore, this paper used the Unified Theory of Acceptance and Use of Technology (UTAUT) and Benefit-Risk Analysis Model (BRA) as the combined theoretical framework (C-UTAUT-BRA). Hypothesis testing using the Multiple Indicators and Multiple Causes (MIMIC) model was performed using an empirical assessment of the shared parking scheme in China. The results show that (1) the sharing behavioral intention (BI) is directly affected by perceived benefit (PB), perceived risk (PR), social influence (SI), and facilitating condition (FC) and indirectly affected by effort expectancy (EE), of which the total effect of PB is the largest; (2) exogenous variables have an indirect effect on BI through other psychological latent variables; among them, different sociodemographic and economic characteristics have a significant influence on different latent variables, while the built environment has no significant effect on latent variables. This research contributes to theory building in shared parking participation intention and informs business and government leaders on how to promote the shared parking scheme through the action mechanism of influencing factors on BI.

Highlights

  • With the development of society and economy, the number of motor vehicles and the pressure of parking in cities have increased [1,2,3]

  • Some cities have piloted shared parking schemes, people do not know much about shared parking, and people are not willing to supply their own private parking spaces to participate in shared parking, which affects the development of shared parking projects

  • In view of the shortcomings of previous studies, this paper combines UTAUT theory and Benefit-Risk Analysis Model (BRA) model as the theoretical framework (C-UTAT-BRA) to discuss the effect of psychological latent factors and exogenous factors on the parking space sharing intention of owners, and hypothesis testing using Multiple Indicators and Multiple Causes (MIMIC) model was performed using an empirical assessment of the shared parking schemes in China. e results of this study could provide a reference for the implementation and promotion of the shared parking scheme

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Summary

Introduction

With the development of society and economy, the number of motor vehicles and the pressure of parking in cities have increased [1,2,3]. If the idle time of private parking spaces in these residential areas can be effectively used, the parking problem can be greatly alleviated. E sharing of private parking spaces can increase the utilization rate of idle parking spaces and bring certain benefits to the sharers. Some cities have piloted shared parking schemes, people do not know much about shared parking, and people are not willing to supply their own private parking spaces to participate in shared parking, which affects the development of shared parking projects. Erefore, it is necessary to deeply explore the internal and external factors that affect the intention of private parking space owners to supply shared parking spaces, to help platform operators and government departments to introduce corresponding incentive policies. E rest of this paper is organized as follows: in Section 2, the research hypotheses of this study are proposed after reviewing the literature related to shared parking and research methods; in Section 3, the theoretical applicability and the basic principles of the MIMIC model are introduced; in Section 4, the research survey design, variable measurement, data analysis, and model modification are introduced; in Section 5, the data analysis results of the research model are presented, including the relationship between latent variables and the relationship between latent variables and exogenous variables; in Section 6, the theoretical and practical significance of this study is summarized and the limitations of the current study and the future research directions are noted

Literature Review and Research Hypothesis
H3: FC has a positive effect on BI
Methodology
Survey Design and Data Processing
Findings
Results and Policy
Full Text
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