Research Article

Impact Analysis of Parking Price Adjustment on the Quality of Service of Airport Parking Lots for Light Vehicles

Table 6

Elasticity results for parking lot users with different duration levels.

Parking Duration
9~24 hours25~48 hours49~72 hours73~120 hoursOver 120 hours

β0
(t-Statistic)
8.6075
(6.976)
--9.155
(17.075)
-
β1
(t-Statistic)
-1.203
(7.313)
1.283
(11.786)
--
β2
(t-Statistic)
-0.228
(-1.639)
-0.514
(-1.600)
-0.689
(-2.929)
-0.394
(-3.124)
-0.358
(-3.176)
β3
(t-Statistic)
-0.001
(-2.237)
--0.002
(-2.025)
--0.004
(-3.748)
β4
(t-Statistic)
-0.067
(-2.037)
----
β5
(t-Statistic)
-0.047
(-3.296)
-0.117
(-2.906)
-0.079
(-1.917)
--
β6
(t-Statistic)
-1.074
(-15.778)
-1.498
(-12.830)
-0.540
(-5.307)
0.530
(6.315)
0.760
(6.297)
β7
(t-Statistic)
--0.445
(-3.807)
-0.848
(-8.328)
-0.340
(-4.055)
0.777
(6.444)
R20.8180.7750.6650.5450.599