Time series data

Research topics can be discussed in this area.
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laurathiel
PLS Junior User
Posts: 2
Joined: Thu Nov 10, 2016 8:15 am
Real name and title: Laura Thiel

Time series data

Post by laurathiel » Fri Nov 11, 2016 1:13 pm

Hello everyone,

I have a small problem and I hope that someone can help me. I have time series data which I tried to analyse with SmartPls. The problem is that I don't know who to control the factor "trend". I have choosen data for health care, education and economy from 2000 - 2015. The values of health care are decreasing in this time frame the values of economy are increasing. Can I add a latent variable for time? Or is there any other solution how I can control this?

I would be thankful for any idea or help.

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cringle
SmartPLS Developer
Posts: 796
Joined: Tue Sep 20, 2005 9:13 am
Real name and title: Prof. Dr. Christian M. Ringle
Location: Hamburg (Germany)
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Re: Time series data

Post by cringle » Thu Mar 02, 2017 11:09 am

PLS and time series data is a underresearched topic. So far, I have only seen SmartPLS applications that estimate the PLS path model with different datasets from different points of time.

Please share if you further advance this issues.

Best regards
Christian

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