Economic Variable

Economic Variable

Any data accounted for in an economic model. An economic variable is any measurement that helps to determine how an economy functions. Examples include population, poverty rate, inflation, and available resources. See also: Indicator.
References in periodicals archive ?
For each economic variable, an acceleration ( or deceleration) was computed, which can be defined as the average rate of change in the last three years minus the average rate of change in the previous three years.
In contrast, if changes in the economic variable neither influence nor are influenced by stock price fluctuations, then the two series are independent of each other and the market is informationally efficient.
How reliable oil price is as an economic variable predicting fluctuations in GDP growth remains controversial.
The first economic variable to be analyzed is employment.
Neoclassical economics typically assumes that the deviation of an economic variable from its expected value, i.
it] be the value of one economic variable at time t in sector i, (I = 1, 2, 3, 4, and t = 1, 2 .
To some extent, Rodriguez Caceres blames the exchange rate, since, in his words, "This economic variable is the poor people's worst enemy"
First, these premia are an indication of how important an economic variable is for stock returns.
The criteria for including a regional economic variable in the data set were that the information had to be published at least annually at both the state and county levels and enough observations had to be available in each county to make meaningful statistical inferences.
While almost any economic variable would seem a possible candidate, real interest-rate differentials, productivity differentials, trade restraints, tax rates, and relative preferences for domestic versus foreign goods seem key.
A major economic variable is the efficiency with which dry biomass can be converted to energy.
With the machines bought and the rent fixed, labor--man--becomes the great economic variable.

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