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1·We used several instrumental variables to control for the endogeneity of market entry decisions.

我们使用了多个工具变量来衡量市场进入决策问题。

2·Most importantly, we take into consideration of the endogeneity of ownership structure when examining its effect on performance.

本文最重要的一点是，在研究股权结构对公司业绩的影响时，我们考虑了股权结构的内生性质。

3·By constructing instrument variable in term of the geographic characteristics, we efficiently tackle the problem of endogeneity in the regressions.

本文根据地理特征构造工具变量，有效地控制了变量的内生性问题。

4·Based on endogeneity of ownership structure, this paper empirically analyzes the factors resulting in presence of multiple large shareholders and its effects on firm value.

基于股权结构内生性视角，对形成多个大股东相互制衡的股权结构之影响因素及此类股权结构对公司价值的影响进行了经验检验。

5·According to the theory of money supply endogeneity, this article criticizes the theory of money multiplier, considering what so called money multiplier is just a kind of illusion.

基于货币供给内生理论，本文首先对货币乘数理论进行了批判，认为所谓货币乘数只是一种幻觉。