Exploring the occurrence of transaction costs in the supply chain of prefabricated housing

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    Abstract

    Cost is identified as one of the critical barriers that prohibit the implementation of Prefabricated housing (PH). Unlike the previous studies mainly focused on the physical costs, this research aims to investigate a new dimension of costs-transaction costs (TCs), e.g. searching costs, negotiation costs, contract costs, etc., and explore how TCs occur through the whole supply chain of PH in order to reduce the frictions to PH.
    Firstly, the supply chain of PH in China is built by explanation in terms of stakeholders, stages and tasks. Secondly, based on the TCs theory, the TCs along the supply chain are subsequently identified in each phase of the PH supply chain to build a generic framework of TCs. Results generated from this study will be the theoretical foundation for empirical study to improve the economic efficiency of the PH supply chain.
    Original languageEnglish
    Title of host publicationProceedings of the European Network for Housing Research Conference (ENHR 2017)
    Subtitle of host publicationRedefining the roles of public and private sector
    PublisherENHR
    Number of pages16
    Publication statusPublished - 2017
    EventENHR 2017: European Network for Housing Research - Tirana, Albania
    Duration: 4 Sep 20176 Sep 2017
    http://www.enhr2017.com/

    Conference

    ConferenceENHR 2017
    Abbreviated titleENHR
    CountryAlbania
    CityTirana
    Period4/09/176/09/17
    Internet address

    Keywords

    • Prefabricated housing
    • Transaction costs
    • Supply chain

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  • Cite this

    Wu, H., Qian, Q., Straub, A., & Visscher, H. (2017). Exploring the occurrence of transaction costs in the supply chain of prefabricated housing. In Proceedings of the European Network for Housing Research Conference (ENHR 2017): Redefining the roles of public and private sector ENHR.