I am a freshman to research. I intend to evaluate the impact of China's policies in house market. I want to find a proper measure of the intensity of these measures. You know, the government will expand the scope of application and gradually, and it may even issue a document just for accentuating polices that have been launched.
So, I feel confused how to measure the intensity of these polices. I can just calculate the cumulative effect of polices(by the quantity of policies) and normalize it between 0 and 1. But this method simply assumes same weight of each policy, which is unrealistic and may omit some important info. Is there some more appropriate methods to measure, or some papers I can refer to?
Excuse my poor English..
Thanks for suggestions.
In general, A policy is a deliberate system of principles to guide decisions and achieve rational outcomes. A policy is a statement of intent, and is implemented as a procedure or protocol. measuring the intensity of policy help in accomplishing the following:
- Assessing the contribution of policy to achieve social and economic objectives.
- Understanding the determinants of policy with higher chances of success.
- Evaluating the effectiveness of different policy approaches, and consequently adapting current policies or designing new ones. while measuring the intensity ofpolicy we have to construct the scale to measure these issues
Thanks, Dr. Dhani. Shanker Chaubey! your answer really help me understand the essence of "policy" better.
Hi
Few proposed relevant studies are:
1. https://www.degruyter.com/view/j/snde.ahead-of-print/snde-2016-0121/snde-2016-0121.xml
2.
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