Government regulations has great significance to establish the corresponding business rules for the market operation. However, as a "latent variable" in statistical area, government regulations has no direct method ...Government regulations has great significance to establish the corresponding business rules for the market operation. However, as a "latent variable" in statistical area, government regulations has no direct method to measure. Firstly, this paper constructs the observation indexes of government regulation at macro level. Secondly, it establishes the SEM to measure the effects of government regulation on economic development. Finally, policy implications about measuring government regulation are illustrated.展开更多
文摘Government regulations has great significance to establish the corresponding business rules for the market operation. However, as a "latent variable" in statistical area, government regulations has no direct method to measure. Firstly, this paper constructs the observation indexes of government regulation at macro level. Secondly, it establishes the SEM to measure the effects of government regulation on economic development. Finally, policy implications about measuring government regulation are illustrated.