In order to know the role of cardiodynamic factors for exercise hyperpnea, ventilation and several cardiorespiratory variables were measured simultaneously in human subjects during exercise. Cardiac output (Q) and mixed venous C02 content (Cv~o2) were determined by a rebreathing method. The correlation coefficients (r) for the relationships between minute expiratory ventilation (VE) and each of end-tidal C02 tension (PETCo2), Q, Cv~o2, Cot flow into the lung (QC02, the product of Q and Cv~o2), oxygen consumption (Vo2), and C02 output (V02) were determined during the steady-state exercise up to 90 W. The correlation was highly significant (r = 0.840.99, p <0.001) in each case except for PETCo2 (r = 0.13, N. S.). The highest correlation was observed in the VE-Va 2 relationship. It was assume that V02 released from the pulmonary capillaries into the alveoli is the most likely stimulus leading to exercise hyperpnea. Arterial C02 oscillation may be regarded as a potential linkage between V02 and VE.Key words : exercise hyperpnea, cardiac output, rebreathing method.Among a number of hypotheses concerning the mechanism of inducing exercise hyperpnea, the cardiodynamic hypothesis proposed by Wasserman and his associates (WASSERMAN et al., 1974(WASSERMAN et al., , 1986 has attracted many investigators during the last decade. C02 flow from venous blood to the lung, i.e., the product of cardiac output (Q) and mixed venous C02 content (Cv~o2) causes an increase in ventilation during excercise by means of some unidentified mechanisms. More recently, MIYAMOTO et al. (1981MIYAMOTO et al. ( , 1982 have determined the kinetics of Q by adopting an ensemble-averaging technique to impedance cardiography, evidently showing that the change in Q precedes that in ventilation during the unsteady-state of step exercise. However, the mechanism linking C02 flow to ventilation has remained unsettled.