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Endogenous variable |
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Endogenous variableAn economic variable that is determined within a model. It is therefore not subject to direct manipulation by the modeler, since that would override the model. In trade models, the quantity of trade itself is almost always endogenous. Contrasts with exogenous variable.Endogenous variableA value determined within the context of a model. Related: Exogenous variable.Endogenous variable Similar MatchesEndogenous growthEndogenous growthEconomic growth whose long-run rate depends on behavior and/or policy. Endogenous uncertaintyEndogenous uncertaintyDescribes factors within the control of the firm, such as a decision to reveal information about price or input costs. Converse of exogenous. Endogenous protectionEndogenous protectionProtection that is explained as the outcome of economic and/or political forces. See political economy of protection. |
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