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EXOGENOUS VARIABLES

Statistics Directorate    
Definition:
Exogenous variables designates variables that appear in an economic/econometric model, but are not explained by that model (i.e. they are taken as given by the model).

Source Publication:
The OECD Economic Outlook: Sources and Methods.

Cross References:
Endogenous variables

Hyperlink:
http://www.oecd.org/eco/outlook/sources-and-methods.htm

Statistical Theme: Methodological information (metadata)

Created on Tuesday, September 25, 2001

Last updated on Friday, March 28, 2014