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Exogenous variable

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
Exogenous variable
A variable whose value is determined outside the model in which it is used. Related: Endogenous variable


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Independent variables in the model, denoted by the vector X, include all exogenous variables in the descriptive equation (benefits and the vector Z), plus a set of identifying variables discussed below.
Specifically, two regressions were conducted assessing the contribution from each exogenous variable to each endogenous variable.
Among the exogenous variables, only a relatively small number significantly affect the long-term projections of the value of GDP and its demand
 
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