New growth theory has made technological change endogenous , overcoming the flaw of exogenous technology in the neoclassic growth theory .
在理论研究中,新增长理论克服古典增长理论中技术为外生因素的缺陷,把技术进步内生化。
In previous study of the stock market and asset pricing theory , most of them considered trade rules as an exogenous variable that is irrelevant in price formation .
International technology diffusion is one of the important exogenous variables for promoting technology progress and economic growth .
国际技术扩散是促进技术进步和经济增长的重要外生变量之一。
Implicitly , the ecb regarded the greek affair not as another exogenous shock meriting further policy stimulus , but as a demonstration of the dangers of excessive liquidity .
Money supply is considered as the headstream in the whole system of currency circulation , its nature , whether it is endogenous or exogenous , is always an inevitable basic question needs to be answered in currency theory , for which it is difficult to reach a consensus with traditional ways of thinking .