IDEAS home Printed from https://ideas.repec.org/a/spr/endesu/v27y2025i6d10.1007_s10668-023-04446-9.html
   My bibliography  Save this article

Analyzing the critical factors influencing residents’ willingness to pay for old residential neighborhoods renewal: insights from Nanjing, China

Author

Listed:
  • Xiaoxiao Xu

    (Nanjing Forestry University)

  • Fada Shi

    (Nanjing Forestry University)

  • Jiajun Zhu

    (Nanjing Forestry University)

Abstract

Old residential neighborhood renewal (ORNR) is an important part of the work to protect people’s livelihood and promote sustainable urban development. However, residents’ willingness to pay may affect the smooth implementation of ORNR. Hence, this study aims to investigate the factors and their complex interactions influencing residents’ willingness to pay for ORNR. Guided by the theory of planned behavior and previous studies, a conceptual framework to test the influencing factors of residents’ willingness to pay was developed and 21 hypotheses were proposed. Nanjing, the capital of Jiangsu Province, is selected as the study area. Using a random sampling approach, the empirical analysis was conducted based on structural equation model and multiple mediating effect model, with questionnaires distributed to and completed by 400 respondents. Results show that length of residence, residents’ education level, and household income affect willingness to pay. “Personal moral norm” is the most important factor that affects willingness to pay. “Subject norm,” “attitude,” and “perceived behavior control” exert mediating roles. Furthermore, three strategies were proposed to increase residents’ willingness to pay. This study is expected to help researchers understand the complex mechanism of willingness to pay and to help practitioners propose effective strategies for promoting ORNR.

Suggested Citation

  • Xiaoxiao Xu & Fada Shi & Jiajun Zhu, 2025. "Analyzing the critical factors influencing residents’ willingness to pay for old residential neighborhoods renewal: insights from Nanjing, China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(6), pages 13461-13487, June.
    • Handle: RePEc:spr:endesu:v:27:y:2025:i:6:d:10.1007_s10668-023-04446-9
    DOI: 10.1007/s10668-023-04446-9
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10668-023-04446-9
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10668-023-04446-9?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Li, Xun & Hui, Eddie C.M. & Chen, Tingting & Lang, Wei & Guo, Youliang, 2019. "From Habitat III to the new urbanization agenda in China: Seeing through the practices of the “three old renewals” in Guangzhou," Land Use Policy, Elsevier, vol. 81(C), pages 513-522.
    2. Farrow, Katherine & Grolleau, Gilles & Ibanez, Lisette, 2017. "Social Norms and Pro-environmental Behavior: A Review of the Evidence," Ecological Economics, Elsevier, vol. 140(C), pages 1-13.
    3. Alonso, José M. & Andrews, Rhys & Jorda, Vanesa, 2019. "Do neighbourhood renewal programs reduce crime rates? Evidence from England," Journal of Urban Economics, Elsevier, vol. 110(C), pages 51-69.
    4. Yadav, Rambalak & Pathak, Govind S., 2017. "Determinants of Consumers' Green Purchase Behavior in a Developing Nation: Applying and Extending the Theory of Planned Behavior," Ecological Economics, Elsevier, vol. 134(C), pages 114-122.
    5. Baldwin, Andrew N. & Loveday, Dennis L. & Li, Baizhan & Murray, Michael & Yu, Wei, 2018. "A research agenda for the retrofitting of residential buildings in China – A case study," Energy Policy, Elsevier, vol. 113(C), pages 41-51.
    6. Langevin, Jared & Gurian, Patrick L. & Wen, Jin, 2013. "Reducing energy consumption in low income public housing: Interviewing residents about energy behaviors," Applied Energy, Elsevier, vol. 102(C), pages 1358-1370.
    7. Chen, Shih-Chih & Hung, Chung-Wen, 2016. "Elucidating the factors influencing the acceptance of green products: An extension of theory of planned behavior," Technological Forecasting and Social Change, Elsevier, vol. 112(C), pages 155-163.
    8. Paul R. Portney, 1994. "The Contingent Valuation Debate: Why Economists Should Care," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 3-17, Fall.
    9. Lai, Yani & Tang, Bosin & Chen, Xiangsheng & Zheng, Xian, 2021. "Spatial determinants of land redevelopment in the urban renewal processes in Shenzhen, China," Land Use Policy, Elsevier, vol. 103(C).
    10. Zhou, Yulin & Lan, Feng & Zhou, Tao, 2021. "An experience-based mining approach to supporting urban renewal mode decisions under a multi-stakeholder environment in China," Land Use Policy, Elsevier, vol. 106(C).
    11. Xu Wang & Li Cai & Xiumei Zhu & Shengliang Deng, 2022. "Female entrepreneurs’ gender roles, social capital and willingness to choose external financing," Asian Business & Management, Palgrave Macmillan, vol. 21(3), pages 432-457, July.
    12. Hui Gao & Ting Wang & Shifeng Gu, 2022. "A Study of Resident Satisfaction and Factors That Influence Old Community Renewal Based on Community Governance in Hangzhou: An Empirical Analysis," Land, MDPI, vol. 11(9), pages 1-15, August.
    13. Gao, Lan & Wang, Shanyong & Li, Jun & Li, Haidong, 2017. "Application of the extended theory of planned behavior to understand individual’s energy saving behavior in workplaces," Resources, Conservation & Recycling, Elsevier, vol. 127(C), pages 107-113.
    14. Paul, Justin & Modi, Ashwin & Patel, Jayesh, 2016. "Predicting green product consumption using theory of planned behavior and reasoned action," Journal of Retailing and Consumer Services, Elsevier, vol. 29(C), pages 123-134.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Taneja, Shilpa & Ali, Liaqat, 2021. "Determinants of customers’ intentions towards environmentally sustainable banking: Testing the structural model," Journal of Retailing and Consumer Services, Elsevier, vol. 59(C).
    2. Nketiah, Emmanuel & Song, Huaming & Adu-Gyamfi, Gibbson & Obuobi, Bright & Adjei, Mavis & Cudjoe, Dan, 2022. "Does government involvement and awareness of benefit affect Ghanaian's willingness to pay for renewable green electricity?," Renewable Energy, Elsevier, vol. 197(C), pages 683-694.
    3. Diana Puspita Sari & Nur Aini Masruroh & Anna Maria Sri Asih, 2021. "Consumer Intention to Participate in E-Waste Collection Programs: A Study of Smartphone Waste in Indonesia," Sustainability, MDPI, vol. 13(5), pages 1-28, March.
    4. Bright Obuobi & Hong Wang & Faustina Awuah & Emmanuel Nketiah & Gibbson Adu-Gyamfi & Mavis Adjei, 2024. "The aftermath of COVID-19 impacts: examining the impact of COVID-19 on residents' current food waste behavior," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(10), pages 25503-25526, October.
    5. Akanksha Saini & Abhishek Kumar & Saroj Kumar Mishra & Sanjay Kumar Kar & Rohit Bansal, 2024. "Do environment-friendly toys have a future? An empirical assessment of buyers' green toys decision-making," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(3), pages 5869-5889, March.
    6. Nekmahmud, Md. & Naz, Farheen & Ramkissoon, Haywantee & Fekete-Farkas, Maria, 2022. "Transforming consumers' intention to purchase green products: Role of social media," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
    7. Nabil Hasan Al-Kumaim & Muhammad Salman Shabbir & Salman Alfarisi & Siti Hasnah Hassan & Abdulsalam K. Alhazmi & Sanil S. Hishan & Samer Al-Shami & Nadhmi A. Gazem & Fathey Mohammed & Hussein Mohammed, 2021. "Fostering a Clean and Sustainable Environment through Green Product Purchasing Behavior: Insights from Malaysian Consumers’ Perspective," Sustainability, MDPI, vol. 13(22), pages 1-17, November.
    8. Leibao Zhang & Yanli Fan & Wenyu Zhang & Shuai Zhang, 2019. "Extending the Theory of Planned Behavior to Explain the Effects of Cognitive Factors across Different Kinds of Green Products," Sustainability, MDPI, vol. 11(15), pages 1-17, August.
    9. Jana Hojnik & Mitja Ruzzier & Tatiana S. Manolova, 2020. "Sustainable development: Predictors of green consumerism in Slovenia," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(4), pages 1695-1708, July.
    10. Nketiah, Emmanuel & Song, Huaming & Obuobi, Bright & Adu-Gyamfi, Gibbson & Adjei, Mavis & Cudjoe, Dan, 2022. "Citizens' willingness to pay for local anaerobic digestion energy: The influence of altruistic value and knowledge," Energy, Elsevier, vol. 260(C).
    11. Lin Jiang & Yani Lai & Ke Chen & Xiao Tang, 2022. "What Drives Urban Village Redevelopment in China? A Survey of Literature Based on Web of Science Core Collection Database," Land, MDPI, vol. 11(4), pages 1-16, April.
    12. Zaremohzzabieh, Zeinab & Ismail, Normala & Ahrari, Seyedali & Abu Samah, Asnarulkhadi, 2021. "The effects of consumer attitude on green purchase intention: A meta-analytic path analysis," Journal of Business Research, Elsevier, vol. 132(C), pages 732-743.
    13. Jana Hojnik & Mitja Ruzzier & Maja Konečnik Ruzzier, 2019. "Transition towards Sustainability: Adoption of Eco-Products among Consumers," Sustainability, MDPI, vol. 11(16), pages 1-29, August.
    14. Hsu, Chia-Lin & Chang, Chi-Ya & Yansritakul, Chutinart, 2017. "Exploring purchase intention of green skincare products using the theory of planned behavior: Testing the moderating effects of country of origin and price sensitivity," Journal of Retailing and Consumer Services, Elsevier, vol. 34(C), pages 145-152.
    15. Changjoon Lee & Soyoun Lim & Byoungchun Ha, 2021. "Green Supply Chain Management and Its Impact on Consumer Purchase Decision as a Marketing Strategy: Applying the Theory of Planned Behavior," Sustainability, MDPI, vol. 13(19), pages 1-16, October.
    16. Cao, Kexin & Deng, Yu & Wang, Wenxue & Liu, Shenghe, 2023. "The spatial heterogeneity and dynamics of land redevelopment: Evidence from 287 Chinese cities," Land Use Policy, Elsevier, vol. 132(C).
    17. Keerthi Police & Vikas Gautam & Sagar Chandakavate & Rishi Dwesar, 2024. "Modeling determinants of farmers’ purchase behavior: A case of chemical pesticides," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(4), pages 9217-9245, April.
    18. Qing He & Haiyang Zhao & Lin Shen & Liuqun Dong & Ye Cheng & Ke Xu, 2019. "Factors Influencing Residents’ Intention toward Green Retrofitting of Existing Residential Buildings," Sustainability, MDPI, vol. 11(15), pages 1-23, August.
    19. Yingxiu Hong & Abdullah Al Mamun & Mohammad Masukujjaman & Qing Yang, 2024. "Sustainable consumption practices among Chinese youth," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-17, December.
    20. Tiantian Gu & Enyang Hao & Lan Ma & Xu Liu & Linxiu Wang, 2022. "Exploring the Determinants of Residents’ Behavior towards Participating in the Sponge-Style Old Community Renewal of China: Extending the Theory of Planned Behavior," Land, MDPI, vol. 11(8), pages 1-19, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:endesu:v:27:y:2025:i:6:d:10.1007_s10668-023-04446-9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.