Factors Influencing Mechanism of Construction Development Transformation in China Based on SEM

Table 7

Hypothesis testing results.

The content of hypothesis	Estimate	Conclusion
H1a direct positive influence of physical capital to the transformation in the construction	0.543	Positive
H1b direct positive influence of human capital to the transformation in the construction	0.271	Positive
H1c direct positive influence of technical level to the transformation in the construction	0.450	Positive
H2a direct positive influence of industrial structure to the transformation in the construction	0.574	Positive
H2b direct positive influence of management level to the transformation in the construction	0.064	Positive
H3a direct positive influence of the industrial demands to physical capital	0.685	Positive
H3b direct positive influence of the industrial demands to human capital	0.375	Positive
H3c direct positive influence of the industrial demands to technical level	0.342	Positive
H4a direct positive influence of the policy system to industrial structure	0.127	Basic positive
H4b direct positive influence of the policy system to management level	0.253	Positive
H4c direct positive influence of the policy system to industrial demands	0.248	Positive
H5a direct positive influence of urbanization to industrial demands	0.413	Positive
H5b direct positive influence of urbanization to housing market	0.295	Positive
H6b direct positive influence of housing markets to construction development transformation	0.103	Positive