TY  - RPRT
        AU  - Gimenez-Nadal, José Ignacio
AU  - Lafuente, Miguel
AU  - Molina, José Alberto
AU  - Velilla, Jorge
        TI  - Resampling and Bootstrap to Assess the Relevance of Variables: A New Algorithmic Approach with Applications to Entrepreneurship Data
        PY  - 2016/May/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 9938
        UR  - https://www.iza.org/publications/dp9938
        AB  - In this paper, we propose an algorithmic approach based on resampling and bootstrap techniques to measuring the importance of a variable, or a set of variables, in econometric models. This algorithmic approach allows us to check the real weight of a variable in a model, avoiding the biases of classical tests, and to select the more powerful variables, or more relevant models, in terms of predictability, reducing dimensions. We apply this methodology to the Global Entrepreneurship Monitor data for the year 2014, and find that innovation and new technologies, help others with their business, and that entrepreneurial education at University and the availability of government subsidies, are among the most important predictors for entrepreneurial behavior.
        KW  - entrepreneurship data
KW  - bootstrap
KW  - regression
KW  - classification
        ER  -