Exogenous

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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.
References in periodicals archive ?
EU] is given by the product of the probability that an employed worker does not transition into nonparticipation, the probability that he is exogenously relocated to the leisure island, and the probability that he is not able to make it back to the production island within the same period.
Under SE, [LAMBDA] is given exogenously and the correlation just introduces another exogenous stochastic dimension on the noise.
In conclusion, the isoflavones formononetin and biochanin A are present in high concentrations in red clover and are able to inhibit contractions of the isolated rat prostate gland elicited by electrical nerve stimulation and direct muscle stimulation by exogenously applied agonists.
t] are aggregate consumption, the exogenously given pension payment, the exogenously given other government expenditures, and debt issues in period t, respectively.
Because growth and depreciation method combinations were exogenously determined, this formulation would not have a meaningful interpretation and is, therefore, not included.
Similarly, the high educated workers in simple occupations in period t + 1 are comprised of those who are neither separated from simple occupations exogenously in period t according to the separation rate [x.
N]) endogenously adjust to clear the goods markets: wages (W) adjust to clear the labour market; depreciation rates (d) are set exogenously; real interest rates (r) are set internationally and incorporate an exogenously set country risk premium.
The present study assessed the effects of exogenously administered melatonin (1.
To characterize the divergence between the IBC and IV estimates in the present context, we computed the corresponding difference in the predicted change in the current number of packs of cigarettes smoked per year that would result from exogenously decreasing [x.
However, to date no specific studies have examined the role of exogenously administered epinephrine during gestation on the learning ability of rodents.
Encompassing the entire spectrum of in vivo imaging for oncology, the book covers approaches to detailed anatomic measurements, MR and optical spectroscopy, and molecular imaging techniques requiring exogenously administered imaging agents.
In Kaplow (1992b), the private insurance is exogenously assumed to be proportional to coverage.