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PLS: Stata module to calculate composite variables using the partial least squares path modeling (PLS) algorithm

Author

Listed:
  • Mikko Rönkkö

    (Institute of Strategy and Venturing, Aalto University)

Programming Language

Stata

Abstract

pls calculates composite variables using the partial least squares path modeling (PLS) algorithm. The composites are calculated as weighted combinations of existing variables using the weight algorithm introduced by Wold (see Wold (1982)). The composites produced by pls are identical to the composites produced by commercial PLS software as well as the open source matrixpls R package except for small numerical differences due to different convergence criterion.

Suggested Citation

  • Mikko Rönkkö, 2015. "PLS: Stata module to calculate composite variables using the partial least squares path modeling (PLS) algorithm," Statistical Software Components S458107, Boston College Department of Economics, revised 31 May 2016.
    • Handle: RePEc:boc:bocode:s458107
    Note: This module should be installed from within Stata by typing "ssc install pls". The module is made available under terms of the GPL v3 (https://www.gnu.org/licenses/gpl-3.0.txt). Windows users should not attempt to download these files with a web browser.
    as

    Download full text from publisher

    File URL: http://fmwww.bc.edu/repec/bocode/p/pls.ado
    File Function: program code
    Download Restriction: no
    File URL: http://fmwww.bc.edu/repec/bocode/p/pls.sthlp
    File Function: help file
    Download Restriction: no
    File URL: http://fmwww.bc.edu/repec/bocode/e/ecsimobi.dta
    File Function: sample data file
    Download Restriction: no
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