Hostname: page-component-89b8bd64d-4ws75 Total loading time: 0 Render date: 2026-05-07T16:31:33.683Z Has data issue: false hasContentIssue false

Generalized Structured Component Analysis

Published online by Cambridge University Press:  01 January 2025

Heungsun Hwang*
Affiliation:
HEC Montreal
Yoshio Takane
Affiliation:
McGill University
*
Requests for reprints should be addressed to: Heungsun Hwang, HEC Montreal, Department of Marketing, 3000 Chemin de la Cole Ste-Calherine, Montreal, Quebec, H3T 2A7, CANADA. Email: heungsun.hwang@hec.ca

Abstract

We propose an alternative method to partial least squares for path analysis with components, called generalized structured component analysis. The proposed method replaces factors by exact linear combinations of observed variables. It employs a well-defined least squares criterion to estimate model parameters. As a result, the proposed method avoids the principal limitation of partial least squares (i.e., the lack of a global optimization procedure) while fully retaining all the advantages of partial least squares (e.g., less restricted distributional assumptions and no improper solutions). The method is also versatile enough to capture complex relationships among variables, including higher-order components and multi-group comparisons. A straightforward estimation algorithm is developed to minimize the criterion.

Information

Type
Theory And Methods
Copyright
Copyright © 2004 The Psychometric Society

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Article purchase

Temporarily unavailable