Lasso Approach to Variable Selection of the Key Factors of Shanghais Economic Growth

摘要：

　　Problems with economic growth have always been the focus of peoples interest.In the study, economic influential factors are selected from three aspects: international environment, macroeconomic environment of China and local environment to analyze the economic growth of Shanghai which is a city of China.We first analyze the correlations of these factors, then use Lasso method to select some more important factors mentioned above.The results show that the Lasso approach to variable selection has overcome the shortcomings of the ordinary least squares estimation and stepwise regression, it can lead to more effective results.Finally, the countermeasures and suggestions on the economic growth of Shanghai are provided base on the analysis of variable selection.

关键词： The economic growth of Shanghai Lasso Variable selection Correlation analysis

作者: Zhong Jinhua

作者单位: School of Statistics and Management, Shanghai University of Finance and Economics, Shanghai, P.R.China, 200433

会议类型: 国际会议

会议名称: The 5th Conference on Chinas Economic Operation Risk Management(2011`Shanghai)(第五届中国立信风险管理论坛)

会议地点: 上海

会议语种:英文

页码: 375-379

在线出版日期: 2011-11-04（万方平台首次上网日期，不代表论文的发表时间）