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Exogenous
(redirected from Exogenous variables)

   Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia 0.01 sec.
Exogenous
Describes facts outside the control of the firm. Converse of endogenous.

Exogenous
1. Describing anything outside a company's control. For example, a company may fail because of a recession even if it does everything right. In this case, the recession is an exogenous factor.

2. See: Independent 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.
Then one regression was conducted from each exogenous variable to MD, and one regression was conducted from each endogenous variable to MD while accounting for the contributions from the upstream exogenous variables.
Among the exogenous variables, only a relatively small number significantly affect the long-term projections of the value of GDP and its demand makeup, as well as the level of employment necessary to produce that GDP.
 
 
 
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