Impacts of Consumers and Real Estate Enterprises on the Implementation of Prefabrication in Residential Buildings: The Moderating Role of Incentive Policies

Jingyang Zhou, Yanjun Qin and Shaoze Fang
Additional contact information
Jingyang Zhou: School of Management Engineering, Shandong Jianzhu University, Jinan 250101, China
Yanjun Qin: School of Management Engineering, Shandong Jianzhu University, Jinan 250101, China
Shaoze Fang: College of Management and Economics, Tianjin University, Tianjin 30072, China

Sustainability, 2019, vol. 11, issue 18, 1-17

Abstract: Based on the theory of Planned Behavior, this study firstly explored the relationship between the behavioral intention and the actual behavior of consumers and real estate enterprises when choosing prefabricated residential buildings. Partial Least Squares Structural Equation Modeling (PLS-SEM) was adopted, being supported by the questionnaire data from 310 respondents of 14 prefabricated building demonstration cities in China, to achieve the purpose. The results show that there is a gap between the behavioral intention and the actual behavior of consumers and real estate enterprises. The moderating effect of reputational incentive policies and financial incentive policies was examined to bridge the gap. It shows that reputational incentive policies and financial incentive policies are an effective way in promoting the behavioral intention and actual behavior of real estate enterprises when adopting prefabricated residential buildings, but they all do not work for consumers. The findings can help government understand the preference of consumers and real estate enterprises, so as to use governance incentive policies more wisely and rationally under various circumstances.

Keywords: prefabricated residential building; theory of planned behavior; reputational incentive policy; financial incentive policy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/2071-1050/11/18/4827/pdf (application/pdf)
https://www.mdpi.com/2071-1050/11/18/4827/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:11:y:2019:i:18:p:4827-:d:263936

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().