I found the answer in
Sanchez, G. (2013) PLS Path Modeling with R
Trowchez Editions. Berkeley, 2013.
http://www.gastonsanchez.com/PLS_Path_Modeling_with_R.pdf
Since it is licensed under Creative Commons Attribution-NonCommercial-ShareAlike, I copied the text and added a reproducible code example.
Redundancy measures the percent of the variance of indicators in an endogenous block that
is predicted from the independent latent variables associated to the endogenous LV. Another
definition of redundancy is the amount of variance in an endogenous construct explained by its independent latent variables. In other words, it reflects the ability of a set of independent latent variables to explain variation in the dependent latent variable.
High redundancy means high ability to predict. In particular, the researcher may be inter-
ested in how well the independent latent variables predict values of the indicators’ endogenous construct. Analogous to the communality index, one can calculate the mean redundancy, that is, the average of the redundancy indices of the endogenous blocks.
# inner model summary
satpls$inner_summary
Type R2 Block_Communality Mean_Redundancy AVE
IMAG Exogenous 0.0000000 0.5822691 0.0000000 0.5822691
EXPE Endogenous 0.3351937 0.6164199 0.2066200 0.6164199
QUAL Endogenous 0.7196882 0.6585717 0.4739663 0.6585717
VAL Endogenous 0.5900844 0.6644156 0.3920612 0.6644156
SAT Endogenous 0.7073209 0.7588907 0.5367793 0.7588907
LOY Endogenous 0.5099226 0.6390517 0.3258669 0.6390517
For each latent variable we have some descriptive information: type (exogenous or en-
dogenous), measurement (reflective or formative), and number of indicators. The column
R-square is only available for endogenous variables. The averga communality Av.Commu
indicates how much of the block variability is reproducible by the latent variable.
Next to the average communality we have the average redundancy Av.Redun which like the
R2 is only available for endogenous constructs. Av.Redun represents the percentage of the
variance in the endogenous block that is predicted from the indepedent LVs associated to
the endogenous LV. High redundancy means high ability to predict. Let’s say that we are
interested in checking how well the indepedent LVs predict values of endogenous indicators. In our example the average redundancy for LOY (Loyalty) represents that SAT (Satisfaction) and IMAG (Image) predict 33% of the variability of Loyalty indicators.
The following Code shows the reproducible example:
library(plspm)
# load dataset satisfaction
data(satisfaction)
# path matrix
IMAG = c(0,0,0,0,0,0)
EXPE = c(1,0,0,0,0,0)
QUAL = c(0,1,0,0,0,0)
VAL = c(0,1,1,0,0,0)
SAT = c(1,1,1,1,0,0)
LOY = c(1,0,0,0,1,0)
sat_path = rbind(IMAG, EXPE, QUAL, VAL, SAT, LOY)
# plot diagram of path matrix
innerplot(sat_path)
# blocks of outer model
sat_blocks = list(1:5, 6:10, 11:15, 16:19, 20:23, 24:27)
# vector of modes (reflective indicators)
sat_mod = rep("A", 6)
# apply plspm
satpls = plspm(satisfaction, sat_path, sat_blocks, modes = sat_mod,
scaled = FALSE)
# show model
innerplot(sat_path)
# show inner model summary
satpls$inner_summary