id	sid	tid	token	lemma	pos
aeasj-865	1	1	american	american	PROPN
aeasj-865	1	2	economic	economic	PROPN
aeasj-865	1	3	&	&	CCONJ
aeasj-865	1	4	social	social	PROPN
aeasj-865	1	5	review	review	PROPN
aeasj-865	1	6	vol	vol	NOUN
aeasj-865	1	7	.	.	PROPN
aeasj-865	2	1	6	6	NUM
aeasj-865	2	2	,	,	PUNCT
aeasj-865	2	3	no	no	INTJ
aeasj-865	2	4	.	.	NOUN
aeasj-865	2	5	2	2	NUM
aeasj-865	2	6	;	;	PUNCT
aeasj-865	2	7	2020	2020	NUM
aeasj-865	2	8	issn	issn	VERB
aeasj-865	2	9	2576	2576	NUM
aeasj-865	2	10	-	-	SYM
aeasj-865	2	11	1269	1269	NUM
aeasj-865	2	12	e	e	NOUN
aeasj-865	2	13	-	-	NOUN
aeasj-865	2	14	issn	issn	PROPN
aeasj-865	2	15	2576	2576	NUM
aeasj-865	2	16	-	-	SYM
aeasj-865	2	17	1277	1277	NUM
aeasj-865	2	18	published	publish	VERB
aeasj-865	2	19	by	by	ADP
aeasj-865	2	20	cribfb	cribfb	PROPN
aeasj-865	2	21	,	,	PUNCT
aeasj-865	2	22	usa	usa	PROPN
aeasj-865	2	23	31	31	NUM
aeasj-865	2	24	is	be	AUX
aeasj-865	2	25	the	the	DET
aeasj-865	2	26	reinhart	reinhart	NOUN
aeasj-865	2	27	-	-	PUNCT
aeasj-865	2	28	rogoff	rogoff	NOUN
aeasj-865	2	29	debt	debt	NOUN
aeasj-865	2	30	threshold	threshold	NOUN
aeasj-865	2	31	applicable	applicable	ADJ
aeasj-865	2	32	to	to	ADP
aeasj-865	2	33	italy	italy	PROPN
aeasj-865	2	34	?	?	PUNCT
aeasj-865	3	1	dr	dr	PROPN
aeasj-865	3	2	.	.	PROPN
aeasj-865	3	3	yu	yu	PROPN
aeasj-865	3	4	hsing	hsing	PROPN
aeasj-865	3	5	joseph	joseph	PROPN
aeasj-865	3	6	h.	h.	PROPN
aeasj-865	3	7	miller	miller	PROPN
aeasj-865	3	8	endowed	endow	VERB
aeasj-865	3	9	professor	professor	NOUN
aeasj-865	3	10	in	in	ADP
aeasj-865	3	11	business	business	PROPN
aeasj-865	3	12	department	department	PROPN
aeasj-865	3	13	of	of	ADP
aeasj-865	3	14	management	management	PROPN
aeasj-865	3	15	&	&	CCONJ
aeasj-865	3	16	business	business	PROPN
aeasj-865	3	17	administration	administration	PROPN
aeasj-865	3	18	college	college	PROPN
aeasj-865	3	19	of	of	ADP
aeasj-865	3	20	business	business	PROPN
aeasj-865	3	21	southeastern	southeastern	PROPN
aeasj-865	3	22	louisiana	louisiana	PROPN
aeasj-865	3	23	university	university	PROPN
aeasj-865	3	24	hammond	hammond	PROPN
aeasj-865	3	25	,	,	PUNCT
aeasj-865	3	26	louisiana	louisiana	PROPN
aeasj-865	3	27	70402	70402	NUM
aeasj-865	3	28	,	,	PUNCT
aeasj-865	3	29	usa	usa	PROPN
aeasj-865	3	30	e	e	PROPN
aeasj-865	3	31	-	-	NOUN
aeasj-865	3	32	mail	mail	NOUN
aeasj-865	3	33	:	:	PUNCT
aeasj-865	3	34	yhsing@selu.edu	yhsing@selu.edu	PROPN
aeasj-865	4	1	abstract	abstract	ADJ
aeasj-865	4	2	this	this	DET
aeasj-865	4	3	paper	paper	NOUN
aeasj-865	4	4	employs	employ	VERB
aeasj-865	4	5	an	an	DET
aeasj-865	4	6	extended	extended	ADJ
aeasj-865	4	7	production	production	NOUN
aeasj-865	4	8	function	function	NOUN
aeasj-865	4	9	to	to	PART
aeasj-865	4	10	examine	examine	VERB
aeasj-865	4	11	the	the	DET
aeasj-865	4	12	relationship	relationship	NOUN
aeasj-865	4	13	between	between	ADP
aeasj-865	4	14	central	central	ADJ
aeasj-865	4	15	government	government	NOUN
aeasj-865	4	16	debt	debt	NOUN
aeasj-865	4	17	and	and	CCONJ
aeasj-865	4	18	economic	economic	ADJ
aeasj-865	4	19	growth	growth	NOUN
aeasj-865	4	20	in	in	ADP
aeasj-865	4	21	italy	italy	PROPN
aeasj-865	4	22	.	.	PUNCT
aeasj-865	5	1	the	the	DET
aeasj-865	5	2	results	result	NOUN
aeasj-865	5	3	show	show	VERB
aeasj-865	5	4	that	that	SCONJ
aeasj-865	5	5	the	the	DET
aeasj-865	5	6	threshold	threshold	NOUN
aeasj-865	5	7	of	of	ADP
aeasj-865	5	8	the	the	DET
aeasj-865	5	9	central	central	ADJ
aeasj-865	5	10	government	government	NOUN
aeasj-865	5	11	debt	debt	NOUN
aeasj-865	5	12	ratio	ratio	NOUN
aeasj-865	5	13	for	for	ADP
aeasj-865	5	14	italy	italy	PROPN
aeasj-865	5	15	is	be	AUX
aeasj-865	5	16	estimated	estimate	VERB
aeasj-865	5	17	to	to	PART
aeasj-865	5	18	be	be	AUX
aeasj-865	5	19	105.00	105.00	NUM
aeasj-865	5	20	%	%	NOUN
aeasj-865	5	21	,	,	PUNCT
aeasj-865	5	22	which	which	PRON
aeasj-865	5	23	is	be	AUX
aeasj-865	5	24	greater	great	ADJ
aeasj-865	5	25	than	than	ADP
aeasj-865	5	26	the	the	DET
aeasj-865	5	27	90	90	NUM
aeasj-865	5	28	%	%	NOUN
aeasj-865	5	29	debt	debt	NOUN
aeasj-865	5	30	threshold	threshold	NOUN
aeasj-865	5	31	proposed	propose	VERB
aeasj-865	5	32	by	by	ADP
aeasj-865	5	33	reinhart	reinhart	NOUN
aeasj-865	5	34	and	and	CCONJ
aeasj-865	5	35	rogoff	rogoff	NOUN
aeasj-865	5	36	.	.	PUNCT
aeasj-865	6	1	besides	besides	SCONJ
aeasj-865	6	2	,	,	PUNCT
aeasj-865	6	3	a	a	DET
aeasj-865	6	4	higher	high	ADJ
aeasj-865	6	5	growth	growth	NOUN
aeasj-865	6	6	rate	rate	NOUN
aeasj-865	6	7	of	of	ADP
aeasj-865	6	8	labor	labor	NOUN
aeasj-865	6	9	employment	employment	NOUN
aeasj-865	6	10	or	or	CCONJ
aeasj-865	6	11	investment	investment	NOUN
aeasj-865	6	12	/	/	SYM
aeasj-865	6	13	gdp	gdp	NOUN
aeasj-865	6	14	ratio	ratio	NOUN
aeasj-865	6	15	would	would	AUX
aeasj-865	6	16	raise	raise	VERB
aeasj-865	6	17	the	the	DET
aeasj-865	6	18	growth	growth	NOUN
aeasj-865	6	19	rate	rate	NOUN
aeasj-865	6	20	.	.	PUNCT
aeasj-865	7	1	hence	hence	ADV
aeasj-865	7	2	,	,	PUNCT
aeasj-865	7	3	the	the	DET
aeasj-865	7	4	debt	debt	NOUN
aeasj-865	7	5	threshold	threshold	NOUN
aeasj-865	7	6	proposed	propose	VERB
aeasj-865	7	7	by	by	ADP
aeasj-865	7	8	reinhart	reinhart	NOUN
aeasj-865	7	9	-	-	PUNCT
aeasj-865	7	10	rogoff	rogoff	NOUN
aeasj-865	7	11	underestimates	underestimate	VERB
aeasj-865	7	12	the	the	DET
aeasj-865	7	13	debt	debt	NOUN
aeasj-865	7	14	threshold	threshold	NOUN
aeasj-865	7	15	for	for	ADP
aeasj-865	7	16	italy	italy	PROPN
aeasj-865	7	17	.	.	PUNCT
aeasj-865	8	1	the	the	DET
aeasj-865	8	2	finding	finding	NOUN
aeasj-865	8	3	suggests	suggest	VERB
aeasj-865	8	4	that	that	SCONJ
aeasj-865	8	5	the	the	DET
aeasj-865	8	6	debt	debt	NOUN
aeasj-865	8	7	ratio	ratio	NOUN
aeasj-865	8	8	of	of	ADP
aeasj-865	8	9	131.09	131.09	NUM
aeasj-865	8	10	%	%	NOUN
aeasj-865	8	11	in	in	ADP
aeasj-865	8	12	2019	2019	NUM
aeasj-865	8	13	is	be	AUX
aeasj-865	8	14	well	well	ADV
aeasj-865	8	15	above	above	ADP
aeasj-865	8	16	the	the	DET
aeasj-865	8	17	debt	debt	NOUN
aeasj-865	8	18	threshold	threshold	NOUN
aeasj-865	8	19	and	and	CCONJ
aeasj-865	8	20	is	be	AUX
aeasj-865	8	21	likely	likely	ADJ
aeasj-865	8	22	to	to	PART
aeasj-865	8	23	be	be	AUX
aeasj-865	8	24	unsustainable	unsustainable	ADJ
aeasj-865	8	25	.	.	PUNCT
aeasj-865	9	1	keywords	keyword	NOUN
aeasj-865	9	2	:	:	PUNCT
aeasj-865	9	3	fiscal	fiscal	ADJ
aeasj-865	9	4	policy	policy	NOUN
aeasj-865	9	5	,	,	PUNCT
aeasj-865	9	6	government	government	NOUN
aeasj-865	9	7	debt	debt	NOUN
aeasj-865	9	8	,	,	PUNCT
aeasj-865	9	9	reinhart	reinhart	NOUN
aeasj-865	9	10	-	-	PUNCT
aeasj-865	9	11	rogoff	rogoff	NOUN
aeasj-865	9	12	hypothesis	hypothesis	NOUN
aeasj-865	9	13	,	,	PUNCT
aeasj-865	9	14	debt	debt	NOUN
aeasj-865	9	15	threshold	threshold	NOUN
aeasj-865	9	16	.	.	PUNCT
aeasj-865	10	1	introduction	introduction	NOUN
aeasj-865	10	2	during	during	ADP
aeasj-865	10	3	and	and	CCONJ
aeasj-865	10	4	after	after	ADP
aeasj-865	10	5	the	the	DET
aeasj-865	10	6	global	global	ADJ
aeasj-865	10	7	financial	financial	ADJ
aeasj-865	10	8	crisis	crisis	NOUN
aeasj-865	10	9	,	,	PUNCT
aeasj-865	10	10	many	many	ADJ
aeasj-865	10	11	countries	country	NOUN
aeasj-865	10	12	engaged	engage	VERB
aeasj-865	10	13	in	in	ADP
aeasj-865	10	14	fiscal	fiscal	ADJ
aeasj-865	10	15	expansion	expansion	NOUN
aeasj-865	10	16	to	to	PART
aeasj-865	10	17	stimulate	stimulate	VERB
aeasj-865	10	18	their	their	PRON
aeasj-865	10	19	economies	economy	NOUN
aeasj-865	10	20	.	.	PUNCT
aeasj-865	11	1	italy	italy	PROPN
aeasj-865	11	2	is	be	AUX
aeasj-865	11	3	no	no	DET
aeasj-865	11	4	exception	exception	NOUN
aeasj-865	11	5	.	.	PUNCT
aeasj-865	12	1	the	the	DET
aeasj-865	12	2	central	central	ADJ
aeasj-865	12	3	government	government	NOUN
aeasj-865	12	4	debt	debt	NOUN
aeasj-865	12	5	ratio	ratio	NOUN
aeasj-865	12	6	rose	rise	VERB
aeasj-865	12	7	rapidly	rapidly	ADV
aeasj-865	12	8	from	from	ADP
aeasj-865	12	9	a	a	DET
aeasj-865	12	10	low	low	NOUN
aeasj-865	12	11	of	of	ADP
aeasj-865	12	12	98.13	98.13	NUM
aeasj-865	12	13	%	%	NOUN
aeasj-865	12	14	in	in	ADP
aeasj-865	12	15	2007	2007	NUM
aeasj-865	12	16	to	to	ADP
aeasj-865	12	17	110.10	110.10	NUM
aeasj-865	12	18	%	%	NOUN
aeasj-865	12	19	in	in	ADP
aeasj-865	12	20	2009	2009	NUM
aeasj-865	12	21	.	.	PUNCT
aeasj-865	13	1	the	the	DET
aeasj-865	13	2	debt	debt	NOUN
aeasj-865	13	3	ratios	ratio	NOUN
aeasj-865	13	4	continued	continue	VERB
aeasj-865	13	5	to	to	PART
aeasj-865	13	6	rise	rise	VERB
aeasj-865	13	7	and	and	CCONJ
aeasj-865	13	8	reached	reach	VERB
aeasj-865	13	9	130.27	130.27	NUM
aeasj-865	13	10	%	%	NOUN
aeasj-865	13	11	in	in	ADP
aeasj-865	13	12	2014	2014	NUM
aeasj-865	13	13	and	and	CCONJ
aeasj-865	13	14	then	then	ADV
aeasj-865	13	15	stabilized	stabilize	VERB
aeasj-865	13	16	around	around	ADP
aeasj-865	13	17	130	130	NUM
aeasj-865	13	18	%	%	NOUN
aeasj-865	13	19	131	131	NUM
aeasj-865	13	20	%	%	NOUN
aeasj-865	13	21	after	after	ADP
aeasj-865	13	22	2014	2014	NUM
aeasj-865	13	23	.	.	PUNCT
aeasj-865	14	1	whether	whether	SCONJ
aeasj-865	14	2	a	a	DET
aeasj-865	14	3	higher	high	ADJ
aeasj-865	14	4	government	government	NOUN
aeasj-865	14	5	debt	debt	NOUN
aeasj-865	14	6	ratio	ratio	NOUN
aeasj-865	14	7	would	would	AUX
aeasj-865	14	8	increase	increase	VERB
aeasj-865	14	9	or	or	CCONJ
aeasj-865	14	10	reduce	reduce	VERB
aeasj-865	14	11	the	the	DET
aeasj-865	14	12	growth	growth	NOUN
aeasj-865	14	13	rate	rate	NOUN
aeasj-865	14	14	of	of	ADP
aeasj-865	14	15	real	real	ADJ
aeasj-865	14	16	gdp	gdp	NOUN
aeasj-865	14	17	has	have	AUX
aeasj-865	14	18	been	be	AUX
aeasj-865	14	19	studied	study	VERB
aeasj-865	14	20	extensively	extensively	ADV
aeasj-865	14	21	.	.	PUNCT
aeasj-865	15	1	reinhart	reinhart	NOUN
aeasj-865	15	2	and	and	CCONJ
aeasj-865	15	3	rogoff	rogoff	NOUN
aeasj-865	15	4	(	(	PUNCT
aeasj-865	15	5	2010a	2010a	NUM
aeasj-865	15	6	,	,	PUNCT
aeasj-865	15	7	2010b	2010b	NUM
aeasj-865	15	8	)	)	PUNCT
aeasj-865	15	9	show	show	VERB
aeasj-865	15	10	that	that	SCONJ
aeasj-865	15	11	the	the	DET
aeasj-865	15	12	threshold	threshold	NOUN
aeasj-865	15	13	or	or	CCONJ
aeasj-865	15	14	turning	turn	VERB
aeasj-865	15	15	point	point	NOUN
aeasj-865	15	16	of	of	ADP
aeasj-865	15	17	the	the	DET
aeasj-865	15	18	government	government	NOUN
aeasj-865	15	19	debt	debt	NOUN
aeasj-865	15	20	ratio	ratio	NOUN
aeasj-865	15	21	is	be	AUX
aeasj-865	15	22	90	90	NUM
aeasj-865	15	23	%	%	NOUN
aeasj-865	15	24	.	.	PUNCT
aeasj-865	16	1	beyond	beyond	ADP
aeasj-865	16	2	90	90	NUM
aeasj-865	16	3	%	%	NOUN
aeasj-865	16	4	,	,	PUNCT
aeasj-865	16	5	a	a	DET
aeasj-865	16	6	further	further	ADJ
aeasj-865	16	7	increase	increase	NOUN
aeasj-865	16	8	in	in	ADP
aeasj-865	16	9	the	the	DET
aeasj-865	16	10	debt	debt	NOUN
aeasj-865	16	11	ratio	ratio	NOUN
aeasj-865	16	12	tends	tend	VERB
aeasj-865	16	13	to	to	PART
aeasj-865	16	14	reduce	reduce	VERB
aeasj-865	16	15	the	the	DET
aeasj-865	16	16	growth	growth	NOUN
aeasj-865	16	17	rate	rate	NOUN
aeasj-865	16	18	.	.	PUNCT
aeasj-865	17	1	the	the	DET
aeasj-865	17	2	purpose	purpose	NOUN
aeasj-865	17	3	of	of	ADP
aeasj-865	17	4	this	this	DET
aeasj-865	17	5	paper	paper	NOUN
aeasj-865	17	6	is	be	AUX
aeasj-865	17	7	to	to	PART
aeasj-865	17	8	test	test	VERB
aeasj-865	17	9	whether	whether	SCONJ
aeasj-865	17	10	the	the	DET
aeasj-865	17	11	reinhart	reinhart	NOUN
aeasj-865	17	12	-	-	PUNCT
aeasj-865	17	13	rogoff	rogoff	NOUN
aeasj-865	17	14	hypothesis	hypothesis	NOUN
aeasj-865	17	15	may	may	AUX
aeasj-865	17	16	apply	apply	VERB
aeasj-865	17	17	to	to	ADP
aeasj-865	17	18	italy	italy	PROPN
aeasj-865	17	19	.	.	PUNCT
aeasj-865	18	1	is	be	AUX
aeasj-865	18	2	it	it	PRON
aeasj-865	18	3	possible	possible	ADJ
aeasj-865	18	4	to	to	PART
aeasj-865	18	5	have	have	VERB
aeasj-865	18	6	a	a	DET
aeasj-865	18	7	debt	debt	NOUN
aeasj-865	18	8	threshold	threshold	NOUN
aeasj-865	18	9	or	or	CCONJ
aeasj-865	18	10	turning	turn	VERB
aeasj-865	18	11	point	point	NOUN
aeasj-865	18	12	of	of	ADP
aeasj-865	18	13	90	90	NUM
aeasj-865	18	14	%	%	NOUN
aeasj-865	18	15	of	of	ADP
aeasj-865	18	16	gdp	gdp	NOUN
aeasj-865	18	17	for	for	ADP
aeasj-865	18	18	italy	italy	PROPN
aeasj-865	18	19	?	?	PUNCT
aeasj-865	19	1	this	this	DET
aeasj-865	19	2	paper	paper	NOUN
aeasj-865	19	3	has	have	VERB
aeasj-865	19	4	several	several	ADJ
aeasj-865	19	5	different	different	ADJ
aeasj-865	19	6	aspects	aspect	NOUN
aeasj-865	19	7	.	.	PUNCT
aeasj-865	20	1	first	first	ADV
aeasj-865	20	2	,	,	PUNCT
aeasj-865	20	3	a	a	DET
aeasj-865	20	4	production	production	NOUN
aeasj-865	20	5	function	function	NOUN
aeasj-865	20	6	is	be	AUX
aeasj-865	20	7	extended	extend	VERB
aeasj-865	20	8	to	to	PART
aeasj-865	20	9	include	include	VERB
aeasj-865	20	10	the	the	DET
aeasj-865	20	11	government	government	NOUN
aeasj-865	20	12	debt	debt	NOUN
aeasj-865	20	13	ratio	ratio	NOUN
aeasj-865	20	14	.	.	PUNCT
aeasj-865	21	1	second	second	ADJ
aeasj-865	21	2	,	,	PUNCT
aeasj-865	21	3	the	the	DET
aeasj-865	21	4	paper	paper	NOUN
aeasj-865	21	5	uses	use	VERB
aeasj-865	21	6	a	a	DET
aeasj-865	21	7	quadratic	quadratic	ADJ
aeasj-865	21	8	function	function	NOUN
aeasj-865	21	9	to	to	PART
aeasj-865	21	10	test	test	VERB
aeasj-865	21	11	whether	whether	SCONJ
aeasj-865	21	12	there	there	PRON
aeasj-865	21	13	may	may	AUX
aeasj-865	21	14	be	be	AUX
aeasj-865	21	15	an	an	DET
aeasj-865	21	16	inverted	inverted	ADJ
aeasj-865	21	17	u	u	NOUN
aeasj-865	21	18	-	-	NOUN
aeasj-865	21	19	shape	shape	NOUN
aeasj-865	21	20	relationship	relationship	NOUN
aeasj-865	21	21	and	and	CCONJ
aeasj-865	21	22	a	a	DET
aeasj-865	21	23	turning	turning	NOUN
aeasj-865	21	24	point	point	NOUN
aeasj-865	21	25	.	.	PUNCT
aeasj-865	22	1	third	third	ADJ
aeasj-865	22	2	,	,	PUNCT
aeasj-865	22	3	the	the	DET
aeasj-865	22	4	garch	garch	NOUN
aeasj-865	22	5	process	process	NOUN
aeasj-865	22	6	is	be	AUX
aeasj-865	22	7	employed	employ	VERB
aeasj-865	22	8	in	in	ADP
aeasj-865	22	9	empirical	empirical	ADJ
aeasj-865	22	10	work	work	NOUN
aeasj-865	22	11	to	to	PART
aeasj-865	22	12	correct	correct	VERB
aeasj-865	22	13	for	for	ADP
aeasj-865	22	14	potential	potential	ADJ
aeasj-865	22	15	autoregressive	autoregressive	ADJ
aeasj-865	22	16	conditional	conditional	ADJ
aeasj-865	22	17	heteroskedasticity	heteroskedasticity	NOUN
aeasj-865	22	18	.	.	PUNCT
aeasj-865	23	1	literature	literature	NOUN
aeasj-865	23	2	survey	survey	NOUN
aeasj-865	23	3	based	base	VERB
aeasj-865	23	4	on	on	ADP
aeasj-865	23	5	a	a	DET
aeasj-865	23	6	sample	sample	NOUN
aeasj-865	23	7	of	of	ADP
aeasj-865	23	8	forty	forty	NUM
aeasj-865	23	9	-	-	PUNCT
aeasj-865	23	10	four	four	NUM
aeasj-865	23	11	advanced	advanced	ADJ
aeasj-865	23	12	and	and	CCONJ
aeasj-865	23	13	developing	develop	VERB
aeasj-865	23	14	countries	country	NOUN
aeasj-865	23	15	covering	cover	VERB
aeasj-865	23	16	many	many	ADJ
aeasj-865	23	17	years	year	NOUN
aeasj-865	23	18	,	,	PUNCT
aeasj-865	23	19	reinhart	reinhart	NOUN
aeasj-865	23	20	and	and	CCONJ
aeasj-865	23	21	rogoff	rogoff	NOUN
aeasj-865	23	22	(	(	PUNCT
aeasj-865	23	23	2010a	2010a	NUM
aeasj-865	23	24	,	,	PUNCT
aeasj-865	23	25	2010b	2010b	NUM
aeasj-865	23	26	)	)	PUNCT
aeasj-865	23	27	find	find	VERB
aeasj-865	23	28	that	that	SCONJ
aeasj-865	23	29	there	there	PRON
aeasj-865	23	30	is	be	VERB
aeasj-865	23	31	a	a	DET
aeasj-865	23	32	weak	weak	ADJ
aeasj-865	23	33	relationship	relationship	NOUN
aeasj-865	23	34	between	between	ADP
aeasj-865	23	35	the	the	DET
aeasj-865	23	36	growth	growth	NOUN
aeasj-865	23	37	rate	rate	NOUN
aeasj-865	23	38	and	and	CCONJ
aeasj-865	23	39	the	the	DET
aeasj-865	23	40	debt	debt	NOUN
aeasj-865	23	41	ratio	ratio	NOUN
aeasj-865	23	42	when	when	SCONJ
aeasj-865	23	43	the	the	DET
aeasj-865	23	44	debt	debt	NOUN
aeasj-865	23	45	ratio	ratio	NOUN
aeasj-865	23	46	is	be	AUX
aeasj-865	23	47	less	less	ADJ
aeasj-865	23	48	than	than	ADP
aeasj-865	23	49	90	90	NUM
aeasj-865	23	50	%	%	NOUN
aeasj-865	23	51	whereas	whereas	SCONJ
aeasj-865	23	52	a	a	DET
aeasj-865	23	53	debt	debt	NOUN
aeasj-865	23	54	ratio	ratio	NOUN
aeasj-865	23	55	greater	great	ADJ
aeasj-865	23	56	than	than	ADP
aeasj-865	23	57	90	90	NUM
aeasj-865	23	58	%	%	NOUN
aeasj-865	23	59	causes	cause	VERB
aeasj-865	23	60	the	the	DET
aeasj-865	23	61	growth	growth	NOUN
aeasj-865	23	62	rate	rate	NOUN
aeasj-865	23	63	to	to	PART
aeasj-865	23	64	decline	decline	VERB
aeasj-865	23	65	.	.	PUNCT
aeasj-865	24	1	this	this	DET
aeasj-865	24	2	threshold	threshold	NOUN
aeasj-865	24	3	for	for	ADP
aeasj-865	24	4	the	the	DET
aeasj-865	24	5	debt	debt	NOUN
aeasj-865	24	6	ratio	ratio	NOUN
aeasj-865	24	7	is	be	AUX
aeasj-865	24	8	comparable	comparable	ADJ
aeasj-865	24	9	in	in	ADP
aeasj-865	24	10	advanced	advanced	ADJ
aeasj-865	24	11	and	and	CCONJ
aeasj-865	24	12	https://www.cribfb.com/journal/index.php/aesr	https://www.cribfb.com/journal/index.php/aesr	ADV
aeasj-865	24	13	american	american	PROPN
aeasj-865	24	14	economic	economic	PROPN
aeasj-865	24	15	&	&	CCONJ
aeasj-865	24	16	social	social	PROPN
aeasj-865	24	17	review	review	PROPN
aeasj-865	24	18	vol	vol	NOUN
aeasj-865	24	19	.	.	PROPN
aeasj-865	25	1	6	6	NUM
aeasj-865	25	2	,	,	PUNCT
aeasj-865	25	3	no	no	INTJ
aeasj-865	25	4	.	.	NOUN
aeasj-865	25	5	2	2	NUM
aeasj-865	25	6	;	;	PUNCT
aeasj-865	25	7	2020	2020	NUM
aeasj-865	25	8	32	32	NUM
aeasj-865	25	9	emerging	emerge	VERB
aeasj-865	25	10	economies	economy	NOUN
aeasj-865	25	11	.	.	PUNCT
aeasj-865	26	1	however	however	ADV
aeasj-865	26	2	,	,	PUNCT
aeasj-865	26	3	using	use	VERB
aeasj-865	26	4	the	the	DET
aeasj-865	26	5	same	same	ADJ
aeasj-865	26	6	data	data	NOUN
aeasj-865	26	7	sample	sample	NOUN
aeasj-865	26	8	developed	develop	VERB
aeasj-865	26	9	by	by	ADP
aeasj-865	26	10	reinhart	reinhart	NOUN
aeasj-865	26	11	and	and	CCONJ
aeasj-865	26	12	rogoff	rogoff	NOUN
aeasj-865	26	13	and	and	CCONJ
aeasj-865	26	14	different	different	ADJ
aeasj-865	26	15	specifications	specification	NOUN
aeasj-865	26	16	,	,	PUNCT
aeasj-865	26	17	minea	minea	NOUN
aeasj-865	26	18	and	and	CCONJ
aeasj-865	26	19	parent	parent	NOUN
aeasj-865	26	20	(	(	PUNCT
aeasj-865	26	21	2012	2012	NUM
aeasj-865	26	22	)	)	PUNCT
aeasj-865	26	23	find	find	VERB
aeasj-865	26	24	that	that	SCONJ
aeasj-865	26	25	the	the	DET
aeasj-865	26	26	threshold	threshold	NOUN
aeasj-865	26	27	for	for	ADP
aeasj-865	26	28	the	the	DET
aeasj-865	26	29	debt	debt	NOUN
aeasj-865	26	30	ratio	ratio	NOUN
aeasj-865	26	31	is	be	AUX
aeasj-865	26	32	115	115	NUM
aeasj-865	26	33	%	%	NOUN
aeasj-865	26	34	.	.	PUNCT
aeasj-865	27	1	herndon	herndon	PROPN
aeasj-865	27	2	,	,	PUNCT
aeasj-865	27	3	ash	ash	NOUN
aeasj-865	27	4	,	,	PUNCT
aeasj-865	27	5	and	and	CCONJ
aeasj-865	27	6	pollin	pollin	PROPN
aeasj-865	27	7	(	(	PUNCT
aeasj-865	27	8	2014	2014	NUM
aeasj-865	27	9	)	)	PUNCT
aeasj-865	27	10	use	use	VERB
aeasj-865	27	11	the	the	DET
aeasj-865	27	12	same	same	ADJ
aeasj-865	27	13	data	datum	NOUN
aeasj-865	27	14	compiled	compile	VERB
aeasj-865	27	15	by	by	ADP
aeasj-865	27	16	reinhart	reinhart	NOUN
aeasj-865	27	17	and	and	CCONJ
aeasj-865	27	18	rogoff	rogoff	NOUN
aeasj-865	27	19	and	and	CCONJ
aeasj-865	27	20	find	find	VERB
aeasj-865	27	21	that	that	SCONJ
aeasj-865	27	22	for	for	ADP
aeasj-865	27	23	20	20	NUM
aeasj-865	27	24	advanced	advanced	ADJ
aeasj-865	27	25	countries	country	NOUN
aeasj-865	27	26	,	,	PUNCT
aeasj-865	27	27	the	the	DET
aeasj-865	27	28	negative	negative	ADJ
aeasj-865	27	29	effect	effect	NOUN
aeasj-865	27	30	of	of	ADP
aeasj-865	27	31	the	the	DET
aeasj-865	27	32	public	public	ADJ
aeasj-865	27	33	debt	debt	NOUN
aeasj-865	27	34	ratio	ratio	NOUN
aeasj-865	27	35	above	above	ADP
aeasj-865	27	36	90	90	NUM
aeasj-865	27	37	%	%	NOUN
aeasj-865	27	38	on	on	ADP
aeasj-865	27	39	economic	economic	ADJ
aeasj-865	27	40	growth	growth	NOUN
aeasj-865	27	41	can	can	AUX
aeasj-865	27	42	not	not	PART
aeasj-865	27	43	be	be	AUX
aeasj-865	27	44	confirmed	confirm	VERB
aeasj-865	27	45	.	.	PUNCT
aeasj-865	28	1	according	accord	VERB
aeasj-865	28	2	to	to	ADP
aeasj-865	28	3	herndon	herndon	PROPN
aeasj-865	28	4	,	,	PUNCT
aeasj-865	28	5	ash	ash	NOUN
aeasj-865	28	6	,	,	PUNCT
aeasj-865	28	7	and	and	CCONJ
aeasj-865	28	8	pollin	pollin	PROPN
aeasj-865	28	9	,	,	PUNCT
aeasj-865	28	10	during	during	ADP
aeasj-865	28	11	1946	1946	NUM
aeasj-865	28	12	–	–	PUNCT
aeasj-865	28	13	2009	2009	NUM
aeasj-865	28	14	,	,	PUNCT
aeasj-865	28	15	countries	country	NOUN
aeasj-865	28	16	with	with	ADP
aeasj-865	28	17	public	public	ADJ
aeasj-865	28	18	debt	debt	NOUN
aeasj-865	28	19	ratios	ratio	NOUN
aeasj-865	28	20	over	over	ADP
aeasj-865	28	21	90	90	NUM
aeasj-865	28	22	%	%	NOUN
aeasj-865	28	23	recorded	record	VERB
aeasj-865	28	24	an	an	DET
aeasj-865	28	25	average	average	ADJ
aeasj-865	28	26	growth	growth	NOUN
aeasj-865	28	27	rate	rate	NOUN
aeasj-865	28	28	of	of	ADP
aeasj-865	28	29	2.2	2.2	NUM
aeasj-865	28	30	%	%	NOUN
aeasj-865	28	31	instead	instead	ADV
aeasj-865	28	32	of	of	ADP
aeasj-865	28	33	−0.1	−0.1	ADJ
aeasj-865	28	34	%	%	NOUN
aeasj-865	28	35	as	as	SCONJ
aeasj-865	28	36	presented	present	VERB
aeasj-865	28	37	by	by	ADP
aeasj-865	28	38	reinhart	reinhart	NOUN
aeasj-865	28	39	and	and	CCONJ
aeasj-865	28	40	rogoff	rogoff	NOUN
aeasj-865	28	41	.	.	PUNCT
aeasj-865	29	1	the	the	DET
aeasj-865	29	2	relationship	relationship	NOUN
aeasj-865	29	3	between	between	ADP
aeasj-865	29	4	the	the	DET
aeasj-865	29	5	economic	economic	ADJ
aeasj-865	29	6	growth	growth	NOUN
aeasj-865	29	7	rate	rate	NOUN
aeasj-865	29	8	and	and	CCONJ
aeasj-865	29	9	the	the	DET
aeasj-865	29	10	public	public	ADJ
aeasj-865	29	11	debt	debt	NOUN
aeasj-865	29	12	ratio	ratio	NOUN
aeasj-865	29	13	differs	differ	VERB
aeasj-865	29	14	substantially	substantially	ADV
aeasj-865	29	15	by	by	ADP
aeasj-865	29	16	country	country	NOUN
aeasj-865	29	17	and	and	CCONJ
aeasj-865	29	18	period	period	NOUN
aeasj-865	29	19	.	.	PUNCT
aeasj-865	30	1	égert	égert	PROPN
aeasj-865	30	2	(	(	PUNCT
aeasj-865	30	3	2015a	2015a	NUM
aeasj-865	30	4	,	,	PUNCT
aeasj-865	30	5	2015b	2015b	NUM
aeasj-865	30	6	)	)	PUNCT
aeasj-865	30	7	indicates	indicate	VERB
aeasj-865	30	8	that	that	SCONJ
aeasj-865	30	9	the	the	DET
aeasj-865	30	10	90	90	NUM
aeasj-865	30	11	%	%	NOUN
aeasj-865	30	12	debt	debt	NOUN
aeasj-865	30	13	threshold	threshold	NOUN
aeasj-865	30	14	can	can	AUX
aeasj-865	30	15	not	not	PART
aeasj-865	30	16	be	be	AUX
aeasj-865	30	17	confirmed	confirm	VERB
aeasj-865	30	18	and	and	CCONJ
aeasj-865	30	19	that	that	SCONJ
aeasj-865	30	20	the	the	DET
aeasj-865	30	21	thresholds	threshold	NOUN
aeasj-865	30	22	or	or	CCONJ
aeasj-865	30	23	negative	negative	ADJ
aeasj-865	30	24	links	link	NOUN
aeasj-865	30	25	may	may	AUX
aeasj-865	30	26	exist	exist	VERB
aeasj-865	30	27	at	at	ADP
aeasj-865	30	28	a	a	DET
aeasj-865	30	29	much	much	ADV
aeasj-865	30	30	lower	low	ADJ
aeasj-865	30	31	debt	debt	NOUN
aeasj-865	30	32	level	level	NOUN
aeasj-865	30	33	between	between	ADP
aeasj-865	30	34	20	20	NUM
aeasj-865	30	35	%	%	NOUN
aeasj-865	30	36	and	and	CCONJ
aeasj-865	30	37	60	60	NUM
aeasj-865	30	38	%	%	NOUN
aeasj-865	30	39	.	.	PUNCT
aeasj-865	31	1	the	the	DET
aeasj-865	31	2	magnitude	magnitude	NOUN
aeasj-865	31	3	of	of	ADP
aeasj-865	31	4	the	the	DET
aeasj-865	31	5	thresholds	threshold	NOUN
aeasj-865	31	6	is	be	AUX
aeasj-865	31	7	uncertain	uncertain	ADJ
aeasj-865	31	8	.	.	PUNCT
aeasj-865	32	1	a	a	DET
aeasj-865	32	2	nonlinear	nonlinear	ADJ
aeasj-865	32	3	relationship	relationship	NOUN
aeasj-865	32	4	is	be	AUX
aeasj-865	32	5	not	not	PART
aeasj-865	32	6	robust	robust	ADJ
aeasj-865	32	7	and	and	CCONJ
aeasj-865	32	8	sensitive	sensitive	ADJ
aeasj-865	32	9	to	to	ADP
aeasj-865	32	10	model	model	NOUN
aeasj-865	32	11	specifications	specification	NOUN
aeasj-865	32	12	.	.	PUNCT
aeasj-865	33	1	parameter	parameter	NOUN
aeasj-865	33	2	estimates	estimate	NOUN
aeasj-865	33	3	vary	vary	VERB
aeasj-865	33	4	across	across	ADP
aeasj-865	33	5	countries	country	NOUN
aeasj-865	33	6	.	.	PUNCT
aeasj-865	34	1	lee	lee	PROPN
aeasj-865	34	2	,	,	PUNCT
aeasj-865	34	3	park	park	NOUN
aeasj-865	34	4	,	,	PUNCT
aeasj-865	34	5	seo	seo	NOUN
aeasj-865	34	6	,	,	PUNCT
aeasj-865	34	7	and	and	CCONJ
aeasj-865	34	8	shin	shin	NOUN
aeasj-865	34	9	(	(	PUNCT
aeasj-865	34	10	2017	2017	NUM
aeasj-865	34	11	)	)	PUNCT
aeasj-865	34	12	find	find	VERB
aeasj-865	34	13	no	no	DET
aeasj-865	34	14	support	support	NOUN
aeasj-865	34	15	for	for	ADP
aeasj-865	34	16	the	the	DET
aeasj-865	34	17	90	90	NUM
aeasj-865	34	18	%	%	NOUN
aeasj-865	34	19	debt	debt	NOUN
aeasj-865	34	20	threshold	threshold	NOUN
aeasj-865	34	21	.	.	PUNCT
aeasj-865	35	1	using	use	VERB
aeasj-865	35	2	the	the	DET
aeasj-865	35	3	post	post	ADJ
aeasj-865	35	4	-	-	ADJ
aeasj-865	35	5	wwii	wwii	ADJ
aeasj-865	35	6	data	datum	NOUN
aeasj-865	35	7	developed	develop	VERB
aeasj-865	35	8	by	by	ADP
aeasj-865	35	9	reinhart	reinhart	NOUN
aeasj-865	35	10	and	and	CCONJ
aeasj-865	35	11	rogoff	rogoff	NOUN
aeasj-865	35	12	,	,	PUNCT
aeasj-865	35	13	they	they	PRON
aeasj-865	35	14	show	show	VERB
aeasj-865	35	15	that	that	SCONJ
aeasj-865	35	16	the	the	DET
aeasj-865	35	17	debt	debt	NOUN
aeasj-865	35	18	threshold	threshold	NOUN
aeasj-865	35	19	maybe	maybe	ADV
aeasj-865	35	20	around	around	ADV
aeasj-865	35	21	30	30	NUM
aeasj-865	35	22	%	%	NOUN
aeasj-865	35	23	.	.	PUNCT
aeasj-865	36	1	beyond	beyond	ADP
aeasj-865	36	2	30	30	NUM
aeasj-865	36	3	%	%	NOUN
aeasj-865	36	4	,	,	PUNCT
aeasj-865	36	5	the	the	DET
aeasj-865	36	6	growth	growth	NOUN
aeasj-865	36	7	rate	rate	NOUN
aeasj-865	36	8	will	will	AUX
aeasj-865	36	9	decline	decline	VERB
aeasj-865	36	10	by	by	ADP
aeasj-865	36	11	1	1	NUM
aeasj-865	36	12	percentage	percentage	NOUN
aeasj-865	36	13	point	point	NOUN
aeasj-865	36	14	.	.	PUNCT
aeasj-865	37	1	based	base	VERB
aeasj-865	37	2	on	on	ADP
aeasj-865	37	3	a	a	DET
aeasj-865	37	4	sample	sample	NOUN
aeasj-865	37	5	of	of	ADP
aeasj-865	37	6	18	18	NUM
aeasj-865	37	7	oecd	oecd	PROPN
aeasj-865	37	8	countries	country	NOUN
aeasj-865	37	9	during	during	ADP
aeasj-865	37	10	1980	1980	NUM
aeasj-865	37	11	-	-	SYM
aeasj-865	37	12	2008	2008	NUM
aeasj-865	37	13	,	,	PUNCT
aeasj-865	37	14	cecchetti	cecchetti	NOUN
aeasj-865	37	15	,	,	PUNCT
aeasj-865	37	16	mohanty	mohanty	NOUN
aeasj-865	37	17	,	,	PUNCT
aeasj-865	37	18	and	and	CCONJ
aeasj-865	37	19	zampolli	zampolli	X
aeasj-865	37	20	(	(	PUNCT
aeasj-865	37	21	2011	2011	NUM
aeasj-865	37	22	)	)	PUNCT
aeasj-865	37	23	find	find	VERB
aeasj-865	37	24	that	that	SCONJ
aeasj-865	37	25	the	the	DET
aeasj-865	37	26	government	government	NOUN
aeasj-865	37	27	debt	debt	NOUN
aeasj-865	37	28	threshold	threshold	NOUN
aeasj-865	37	29	is	be	AUX
aeasj-865	37	30	85	85	NUM
aeasj-865	37	31	%	%	NOUN
aeasj-865	37	32	,	,	PUNCT
aeasj-865	37	33	suggesting	suggest	VERB
aeasj-865	37	34	that	that	SCONJ
aeasj-865	37	35	an	an	DET
aeasj-865	37	36	increase	increase	NOUN
aeasj-865	37	37	in	in	ADP
aeasj-865	37	38	the	the	DET
aeasj-865	37	39	government	government	NOUN
aeasj-865	37	40	debt	debt	NOUN
aeasj-865	37	41	ratio	ratio	NOUN
aeasj-865	37	42	beyond	beyond	ADP
aeasj-865	37	43	85	85	NUM
aeasj-865	37	44	%	%	NOUN
aeasj-865	37	45	tends	tend	VERB
aeasj-865	37	46	to	to	PART
aeasj-865	37	47	harm	harm	VERB
aeasj-865	37	48	economic	economic	ADJ
aeasj-865	37	49	growth	growth	NOUN
aeasj-865	37	50	.	.	PUNCT
aeasj-865	38	1	they	they	PRON
aeasj-865	38	2	also	also	ADV
aeasj-865	38	3	show	show	VERB
aeasj-865	38	4	that	that	SCONJ
aeasj-865	38	5	when	when	SCONJ
aeasj-865	38	6	the	the	DET
aeasj-865	38	7	corporate	corporate	ADJ
aeasj-865	38	8	debt	debt	NOUN
aeasj-865	38	9	ratio	ratio	NOUN
aeasj-865	38	10	is	be	AUX
aeasj-865	38	11	greater	great	ADJ
aeasj-865	38	12	than	than	ADP
aeasj-865	38	13	90	90	NUM
aeasj-865	38	14	%	%	NOUN
aeasj-865	38	15	of	of	ADP
aeasj-865	38	16	gdp	gdp	NOUN
aeasj-865	38	17	,	,	PUNCT
aeasj-865	38	18	there	there	PRON
aeasj-865	38	19	will	will	AUX
aeasj-865	38	20	be	be	AUX
aeasj-865	38	21	an	an	DET
aeasj-865	38	22	adverse	adverse	ADJ
aeasj-865	38	23	effect	effect	NOUN
aeasj-865	38	24	on	on	ADP
aeasj-865	38	25	growth	growth	NOUN
aeasj-865	38	26	.	.	PUNCT
aeasj-865	39	1	checherita	checherita	NOUN
aeasj-865	39	2	-	-	PUNCT
aeasj-865	39	3	westphal	westphal	PROPN
aeasj-865	39	4	and	and	CCONJ
aeasj-865	39	5	rother	rother	PROPN
aeasj-865	39	6	(	(	PUNCT
aeasj-865	39	7	2012	2012	NUM
aeasj-865	39	8	)	)	PUNCT
aeasj-865	39	9	examine	examine	VERB
aeasj-865	39	10	the	the	DET
aeasj-865	39	11	relationship	relationship	NOUN
aeasj-865	39	12	between	between	ADP
aeasj-865	39	13	government	government	NOUN
aeasj-865	39	14	debt	debt	NOUN
aeasj-865	39	15	and	and	CCONJ
aeasj-865	39	16	economic	economic	ADJ
aeasj-865	39	17	growth	growth	NOUN
aeasj-865	39	18	using	use	VERB
aeasj-865	39	19	a	a	DET
aeasj-865	39	20	sample	sample	NOUN
aeasj-865	39	21	of	of	ADP
aeasj-865	39	22	12	12	NUM
aeasj-865	39	23	countries	country	NOUN
aeasj-865	39	24	in	in	ADP
aeasj-865	39	25	the	the	DET
aeasj-865	39	26	euro	euro	PROPN
aeasj-865	39	27	area	area	NOUN
aeasj-865	39	28	.	.	PUNCT
aeasj-865	40	1	they	they	PRON
aeasj-865	40	2	find	find	VERB
aeasj-865	40	3	a	a	DET
aeasj-865	40	4	threshold	threshold	NOUN
aeasj-865	40	5	or	or	CCONJ
aeasj-865	40	6	turning	turn	VERB
aeasj-865	40	7	point	point	NOUN
aeasj-865	40	8	in	in	ADP
aeasj-865	40	9	the	the	DET
aeasj-865	40	10	range	range	NOUN
aeasj-865	40	11	of	of	ADP
aeasj-865	40	12	90	90	NUM
aeasj-865	40	13	%	%	NOUN
aeasj-865	40	14	100	100	NUM
aeasj-865	40	15	%	%	NOUN
aeasj-865	40	16	,	,	PUNCT
aeasj-865	40	17	indicating	indicate	VERB
aeasj-865	40	18	that	that	SCONJ
aeasj-865	40	19	an	an	DET
aeasj-865	40	20	increase	increase	NOUN
aeasj-865	40	21	in	in	ADP
aeasj-865	40	22	the	the	DET
aeasj-865	40	23	government	government	NOUN
aeasj-865	40	24	debt	debt	NOUN
aeasj-865	40	25	ratio	ratio	NOUN
aeasj-865	40	26	tends	tend	VERB
aeasj-865	40	27	to	to	PART
aeasj-865	40	28	reduce	reduce	VERB
aeasj-865	40	29	economic	economic	ADJ
aeasj-865	40	30	growth	growth	NOUN
aeasj-865	40	31	if	if	SCONJ
aeasj-865	40	32	the	the	DET
aeasj-865	40	33	debt	debt	NOUN
aeasj-865	40	34	ratio	ratio	NOUN
aeasj-865	40	35	is	be	AUX
aeasj-865	40	36	greater	great	ADJ
aeasj-865	40	37	than	than	ADP
aeasj-865	40	38	90	90	NUM
aeasj-865	40	39	%	%	NOUN
aeasj-865	40	40	100	100	NUM
aeasj-865	40	41	%	%	NOUN
aeasj-865	40	42	.	.	PUNCT
aeasj-865	41	1	the	the	DET
aeasj-865	41	2	threshold	threshold	NOUN
aeasj-865	41	3	would	would	AUX
aeasj-865	41	4	start	start	VERB
aeasj-865	41	5	in	in	ADP
aeasj-865	41	6	the	the	DET
aeasj-865	41	7	range	range	NOUN
aeasj-865	41	8	of	of	ADP
aeasj-865	41	9	70	70	NUM
aeasj-865	41	10	%	%	NOUN
aeasj-865	41	11	80	80	NUM
aeasj-865	41	12	%	%	NOUN
aeasj-865	41	13	based	base	VERB
aeasj-865	41	14	on	on	ADP
aeasj-865	41	15	the	the	DET
aeasj-865	41	16	confidence	confidence	NOUN
aeasj-865	41	17	interval	interval	NOUN
aeasj-865	41	18	.	.	PUNCT
aeasj-865	42	1	baum	baum	PROPN
aeasj-865	42	2	,	,	PUNCT
aeasj-865	42	3	checherita	checherita	NOUN
aeasj-865	42	4	-	-	PUNCT
aeasj-865	42	5	westphal	westphal	NOUN
aeasj-865	42	6	,	,	PUNCT
aeasj-865	42	7	and	and	CCONJ
aeasj-865	42	8	rother	rother	PROPN
aeasj-865	42	9	(	(	PUNCT
aeasj-865	42	10	2013	2013	NUM
aeasj-865	42	11	)	)	PUNCT
aeasj-865	42	12	investigate	investigate	VERB
aeasj-865	42	13	the	the	DET
aeasj-865	42	14	relationship	relationship	NOUN
aeasj-865	42	15	between	between	ADP
aeasj-865	42	16	government	government	NOUN
aeasj-865	42	17	debt	debt	NOUN
aeasj-865	42	18	and	and	CCONJ
aeasj-865	42	19	growth	growth	NOUN
aeasj-865	42	20	for	for	ADP
aeasj-865	42	21	twelve	twelve	NUM
aeasj-865	42	22	countries	country	NOUN
aeasj-865	42	23	in	in	ADP
aeasj-865	42	24	the	the	DET
aeasj-865	42	25	euro	euro	PROPN
aeasj-865	42	26	area	area	NOUN
aeasj-865	42	27	.	.	PUNCT
aeasj-865	43	1	a	a	DET
aeasj-865	43	2	higher	high	ADJ
aeasj-865	43	3	debt	debt	NOUN
aeasj-865	43	4	ratio	ratio	NOUN
aeasj-865	43	5	increases	increase	VERB
aeasj-865	43	6	economic	economic	ADJ
aeasj-865	43	7	growth	growth	NOUN
aeasj-865	43	8	but	but	CCONJ
aeasj-865	43	9	has	have	VERB
aeasj-865	43	10	no	no	DET
aeasj-865	43	11	impact	impact	NOUN
aeasj-865	43	12	when	when	SCONJ
aeasj-865	43	13	the	the	DET
aeasj-865	43	14	debt	debt	NOUN
aeasj-865	43	15	ratio	ratio	NOUN
aeasj-865	43	16	reaches	reach	VERB
aeasj-865	43	17	about	about	ADV
aeasj-865	43	18	67	67	NUM
aeasj-865	43	19	%	%	NOUN
aeasj-865	43	20	.	.	PUNCT
aeasj-865	44	1	when	when	SCONJ
aeasj-865	44	2	the	the	DET
aeasj-865	44	3	debt	debt	NOUN
aeasj-865	44	4	ratio	ratio	NOUN
aeasj-865	44	5	is	be	AUX
aeasj-865	44	6	greater	great	ADJ
aeasj-865	44	7	than	than	ADP
aeasj-865	44	8	95	95	NUM
aeasj-865	44	9	%	%	NOUN
aeasj-865	44	10	,	,	PUNCT
aeasj-865	44	11	a	a	DET
aeasj-865	44	12	higher	high	ADJ
aeasj-865	44	13	debt	debt	NOUN
aeasj-865	44	14	ratio	ratio	NOUN
aeasj-865	44	15	reduces	reduce	VERB
aeasj-865	44	16	economic	economic	ADJ
aeasj-865	44	17	growth	growth	NOUN
aeasj-865	44	18	.	.	PUNCT
aeasj-865	45	1	afonso	afonso	PROPN
aeasj-865	45	2	and	and	CCONJ
aeasj-865	45	3	jalles	jalle	NOUN
aeasj-865	45	4	(	(	PUNCT
aeasj-865	45	5	2013	2013	NUM
aeasj-865	45	6	)	)	PUNCT
aeasj-865	45	7	examine	examine	VERB
aeasj-865	45	8	the	the	DET
aeasj-865	45	9	impact	impact	NOUN
aeasj-865	45	10	of	of	ADP
aeasj-865	45	11	government	government	NOUN
aeasj-865	45	12	debt	debt	NOUN
aeasj-865	45	13	on	on	ADP
aeasj-865	45	14	economic	economic	ADJ
aeasj-865	45	15	growth	growth	NOUN
aeasj-865	45	16	for	for	ADP
aeasj-865	45	17	155	155	NUM
aeasj-865	45	18	advanced	advanced	ADJ
aeasj-865	45	19	and	and	CCONJ
aeasj-865	45	20	developing	develop	VERB
aeasj-865	45	21	countries	country	NOUN
aeasj-865	45	22	during	during	ADP
aeasj-865	45	23	1970	1970	NUM
aeasj-865	45	24	–	–	SYM
aeasj-865	45	25	2008	2008	NUM
aeasj-865	45	26	.	.	PUNCT
aeasj-865	46	1	the	the	DET
aeasj-865	46	2	debt	debt	NOUN
aeasj-865	46	3	threshold	threshold	NOUN
aeasj-865	46	4	is	be	AUX
aeasj-865	46	5	estimated	estimate	VERB
aeasj-865	46	6	to	to	PART
aeasj-865	46	7	be	be	AUX
aeasj-865	46	8	59	59	NUM
aeasj-865	46	9	%	%	NOUN
aeasj-865	46	10	for	for	ADP
aeasj-865	46	11	the	the	DET
aeasj-865	46	12	eurozone	eurozone	NOUN
aeasj-865	46	13	and	and	CCONJ
aeasj-865	46	14	79	79	NUM
aeasj-865	46	15	%	%	NOUN
aeasj-865	46	16	for	for	ADP
aeasj-865	46	17	emerging	emerge	VERB
aeasj-865	46	18	economies	economy	NOUN
aeasj-865	46	19	.	.	PUNCT
aeasj-865	47	1	if	if	SCONJ
aeasj-865	47	2	the	the	DET
aeasj-865	47	3	debt	debt	NOUN
aeasj-865	47	4	ratio	ratio	NOUN
aeasj-865	47	5	increases	increase	NOUN
aeasj-865	47	6	by	by	ADP
aeasj-865	47	7	10	10	NUM
aeasj-865	47	8	%	%	NOUN
aeasj-865	47	9	,	,	PUNCT
aeasj-865	47	10	the	the	DET
aeasj-865	47	11	growth	growth	NOUN
aeasj-865	47	12	rate	rate	NOUN
aeasj-865	47	13	would	would	AUX
aeasj-865	47	14	decrease	decrease	VERB
aeasj-865	47	15	by	by	ADP
aeasj-865	47	16	0.2	0.2	NUM
aeasj-865	47	17	%	%	NOUN
aeasj-865	47	18	if	if	SCONJ
aeasj-865	47	19	the	the	DET
aeasj-865	47	20	debt	debt	NOUN
aeasj-865	47	21	ratio	ratio	NOUN
aeasj-865	47	22	is	be	AUX
aeasj-865	47	23	over	over	ADP
aeasj-865	47	24	90	90	NUM
aeasj-865	47	25	%	%	NOUN
aeasj-865	47	26	and	and	CCONJ
aeasj-865	47	27	increase	increase	VERB
aeasj-865	47	28	by	by	ADP
aeasj-865	47	29	0.1	0.1	NUM
aeasj-865	47	30	%	%	NOUN
aeasj-865	47	31	if	if	SCONJ
aeasj-865	47	32	the	the	DET
aeasj-865	47	33	debt	debt	NOUN
aeasj-865	47	34	ratio	ratio	NOUN
aeasj-865	47	35	is	be	AUX
aeasj-865	47	36	below	below	ADP
aeasj-865	47	37	30	30	NUM
aeasj-865	47	38	%	%	NOUN
aeasj-865	47	39	.	.	PUNCT
aeasj-865	48	1	chirwa	chirwa	NOUN
aeasj-865	48	2	(	(	PUNCT
aeasj-865	48	3	2017	2017	NUM
aeasj-865	48	4	)	)	PUNCT
aeasj-865	48	5	studies	study	NOUN
aeasj-865	48	6	the	the	DET
aeasj-865	48	7	relationship	relationship	NOUN
aeasj-865	48	8	among	among	ADP
aeasj-865	48	9	government	government	NOUN
aeasj-865	48	10	debt	debt	NOUN
aeasj-865	48	11	,	,	PUNCT
aeasj-865	48	12	growth	growth	NOUN
aeasj-865	48	13	,	,	PUNCT
aeasj-865	48	14	and	and	CCONJ
aeasj-865	48	15	other	other	ADJ
aeasj-865	48	16	related	related	ADJ
aeasj-865	48	17	variables	variable	NOUN
aeasj-865	48	18	for	for	ADP
aeasj-865	48	19	ten	ten	NUM
aeasj-865	48	20	countries	country	NOUN
aeasj-865	48	21	in	in	ADP
aeasj-865	48	22	the	the	DET
aeasj-865	48	23	euro	euro	PROPN
aeasj-865	48	24	area	area	NOUN
aeasj-865	48	25	.	.	PUNCT
aeasj-865	49	1	the	the	DET
aeasj-865	49	2	threshold	threshold	NOUN
aeasj-865	49	3	is	be	AUX
aeasj-865	49	4	estimated	estimate	VERB
aeasj-865	49	5	to	to	PART
aeasj-865	49	6	be	be	AUX
aeasj-865	49	7	70	70	NUM
aeasj-865	49	8	%	%	NOUN
aeasj-865	49	9	in	in	ADP
aeasj-865	49	10	the	the	DET
aeasj-865	49	11	long	long	ADJ
aeasj-865	49	12	run	run	NOUN
aeasj-865	49	13	whereas	whereas	SCONJ
aeasj-865	49	14	government	government	NOUN
aeasj-865	49	15	debt	debt	NOUN
aeasj-865	49	16	and	and	CCONJ
aeasj-865	49	17	economic	economic	ADJ
aeasj-865	49	18	growth	growth	NOUN
aeasj-865	49	19	have	have	VERB
aeasj-865	49	20	a	a	DET
aeasj-865	49	21	negative	negative	ADJ
aeasj-865	49	22	relationship	relationship	NOUN
aeasj-865	49	23	in	in	ADP
aeasj-865	49	24	the	the	DET
aeasj-865	49	25	short	short	ADJ
aeasj-865	49	26	run	run	NOUN
aeasj-865	49	27	.	.	PUNCT
aeasj-865	50	1	woo	woo	VERB
aeasj-865	50	2	and	and	CCONJ
aeasj-865	50	3	kumar	kumar	PROPN
aeasj-865	50	4	(	(	PUNCT
aeasj-865	50	5	2015	2015	NUM
aeasj-865	50	6	)	)	PUNCT
aeasj-865	50	7	show	show	VERB
aeasj-865	50	8	that	that	SCONJ
aeasj-865	50	9	if	if	SCONJ
aeasj-865	50	10	a	a	DET
aeasj-865	50	11	10	10	NUM
aeasj-865	50	12	-	-	PUNCT
aeasj-865	50	13	percentage	percentage	NOUN
aeasj-865	50	14	point	point	NOUN
aeasj-865	50	15	increase	increase	NOUN
aeasj-865	50	16	in	in	ADP
aeasj-865	50	17	the	the	DET
aeasj-865	50	18	initial	initial	ADJ
aeasj-865	50	19	debt	debt	NOUN
aeasj-865	50	20	ratio	ratio	NOUN
aeasj-865	50	21	tends	tend	VERB
aeasj-865	50	22	to	to	PART
aeasj-865	50	23	reduce	reduce	VERB
aeasj-865	50	24	the	the	DET
aeasj-865	50	25	growth	growth	NOUN
aeasj-865	50	26	rate	rate	NOUN
aeasj-865	50	27	of	of	ADP
aeasj-865	50	28	real	real	ADJ
aeasj-865	50	29	per	per	ADP
aeasj-865	50	30	capita	capita	X
aeasj-865	50	31	gdp	gdp	NOUN
aeasj-865	50	32	by	by	ADP
aeasj-865	50	33	0.2	0.2	NUM
aeasj-865	50	34	percentage	percentage	NOUN
aeasj-865	50	35	points	point	NOUN
aeasj-865	50	36	.	.	PUNCT
aeasj-865	51	1	a	a	DET
aeasj-865	51	2	higher	high	ADJ
aeasj-865	51	3	initial	initial	ADJ
aeasj-865	51	4	government	government	NOUN
aeasj-865	51	5	debt	debt	NOUN
aeasj-865	51	6	ratio	ratio	NOUN
aeasj-865	51	7	tends	tend	VERB
aeasj-865	51	8	to	to	PART
aeasj-865	51	9	cause	cause	VERB
aeasj-865	51	10	a	a	DET
aeasj-865	51	11	larger	large	ADJ
aeasj-865	51	12	negative	negative	ADJ
aeasj-865	51	13	effect	effect	NOUN
aeasj-865	51	14	.	.	PUNCT
aeasj-865	52	1	the	the	DET
aeasj-865	52	2	negative	negative	ADJ
aeasj-865	52	3	effect	effect	NOUN
aeasj-865	52	4	isowing	isowe	VERB
aeasj-865	52	5	tothe	tothe	ADJ
aeasj-865	52	6	decrease	decrease	NOUN
aeasj-865	52	7	in	in	ADP
aeasj-865	52	8	labor	labor	NOUN
aeasj-865	52	9	productivity	productivity	NOUN
aeasj-865	52	10	growth	growth	NOUN
aeasj-865	52	11	.	.	PUNCT
aeasj-865	53	1	lechtenberg	lechtenberg	PROPN
aeasj-865	53	2	(	(	PUNCT
aeasj-865	53	3	2017	2017	NUM
aeasj-865	53	4	)	)	PUNCT
aeasj-865	53	5	analyzes	analyze	VERB
aeasj-865	53	6	the	the	DET
aeasj-865	53	7	subject	subject	NOUN
aeasj-865	53	8	using	use	VERB
aeasj-865	53	9	a	a	DET
aeasj-865	53	10	sample	sample	NOUN
aeasj-865	53	11	of	of	ADP
aeasj-865	53	12	10	10	NUM
aeasj-865	53	13	countries	country	NOUN
aeasj-865	53	14	.	.	PUNCT
aeasj-865	54	1	australia	australia	PROPN
aeasj-865	54	2	,	,	PUNCT
aeasj-865	54	3	canada	canada	PROPN
aeasj-865	54	4	,	,	PUNCT
aeasj-865	54	5	chile	chile	PROPN
aeasj-865	54	6	,	,	PUNCT
aeasj-865	54	7	germany	germany	PROPN
aeasj-865	54	8	,	,	PUNCT
aeasj-865	54	9	and	and	CCONJ
aeasj-865	54	10	new	new	PROPN
aeasj-865	54	11	zealand	zealand	PROPN
aeasj-865	54	12	have	have	AUX
aeasj-865	54	13	had	have	VERB
aeasj-865	54	14	low	low	ADJ
aeasj-865	54	15	and	and	CCONJ
aeasj-865	54	16	declining	decline	VERB
aeasj-865	54	17	debt	debt	NOUN
aeasj-865	54	18	ratios	ratio	NOUN
aeasj-865	54	19	,	,	PUNCT
aeasj-865	54	20	and	and	CCONJ
aeasj-865	54	21	a	a	DET
aeasj-865	54	22	higher	high	ADJ
aeasj-865	54	23	debt	debt	NOUN
aeasj-865	54	24	ratio	ratio	NOUN
aeasj-865	54	25	would	would	AUX
aeasj-865	54	26	not	not	PART
aeasj-865	54	27	cause	cause	VERB
aeasj-865	54	28	economic	economic	ADJ
aeasj-865	54	29	growth	growth	NOUN
aeasj-865	54	30	to	to	PART
aeasj-865	54	31	decline	decline	VERB
aeasj-865	54	32	in	in	ADP
aeasj-865	54	33	these	these	DET
aeasj-865	54	34	countries	country	NOUN
aeasj-865	54	35	.	.	PUNCT
aeasj-865	55	1	on	on	ADP
aeasj-865	55	2	the	the	DET
aeasj-865	55	3	other	other	ADJ
aeasj-865	55	4	hand	hand	NOUN
aeasj-865	55	5	,	,	PUNCT
aeasj-865	55	6	debt	debt	NOUN
aeasj-865	55	7	thresholds	threshold	NOUN
aeasj-865	55	8	are	be	AUX
aeasj-865	55	9	found	find	VERB
aeasj-865	55	10	for	for	ADP
aeasj-865	55	11	france	france	PROPN
aeasj-865	55	12	,	,	PUNCT
aeasj-865	55	13	greece	greece	PROPN
aeasj-865	55	14	,	,	PUNCT
aeasj-865	55	15	italy	italy	PROPN
aeasj-865	55	16	,	,	PUNCT
aeasj-865	55	17	the	the	DET
aeasj-865	55	18	u.k	u.k	PROPN
aeasj-865	55	19	.	.	PROPN
aeasj-865	55	20	,	,	PUNCT
aeasj-865	55	21	and	and	CCONJ
aeasj-865	55	22	the	the	DET
aeasj-865	55	23	u.s	u.s	PROPN
aeasj-865	55	24	.	.	PROPN
aeasj-865	55	25	a	a	DET
aeasj-865	55	26	higher	high	ADJ
aeasj-865	55	27	debt	debt	NOUN
aeasj-865	55	28	ratio	ratio	NOUN
aeasj-865	55	29	https://www.cribfb.com/journal/index.php/aesr	https://www.cribfb.com/journal/index.php/aesr	PROPN
aeasj-865	55	30	american	american	PROPN
aeasj-865	55	31	economic	economic	PROPN
aeasj-865	55	32	&	&	CCONJ
aeasj-865	55	33	social	social	PROPN
aeasj-865	55	34	review	review	PROPN
aeasj-865	55	35	vol	vol	NOUN
aeasj-865	55	36	.	.	PROPN
aeasj-865	56	1	6	6	NUM
aeasj-865	56	2	,	,	PUNCT
aeasj-865	56	3	no	no	INTJ
aeasj-865	56	4	.	.	NOUN
aeasj-865	56	5	2	2	NUM
aeasj-865	56	6	;	;	PUNCT
aeasj-865	56	7	2020	2020	NUM
aeasj-865	56	8	33	33	NUM
aeasj-865	56	9	beyond	beyond	ADP
aeasj-865	56	10	the	the	DET
aeasj-865	56	11	threshold	threshold	NOUN
aeasj-865	56	12	tends	tend	VERB
aeasj-865	56	13	to	to	PART
aeasj-865	56	14	reduce	reduce	VERB
aeasj-865	56	15	economic	economic	ADJ
aeasj-865	56	16	growth	growth	NOUN
aeasj-865	56	17	in	in	ADP
aeasj-865	56	18	greece	greece	PROPN
aeasj-865	56	19	,	,	PUNCT
aeasj-865	56	20	italy	italy	PROPN
aeasj-865	56	21	,	,	PUNCT
aeasj-865	56	22	the	the	DET
aeasj-865	56	23	u.k	u.k	PROPN
aeasj-865	56	24	.	.	PROPN
aeasj-865	56	25	,	,	PUNCT
aeasj-865	56	26	and	and	CCONJ
aeasj-865	56	27	the	the	DET
aeasj-865	56	28	u.s	u.s	PROPN
aeasj-865	56	29	.	.	PROPN
aeasj-865	56	30	but	but	CCONJ
aeasj-865	56	31	increase	increase	VERB
aeasj-865	56	32	the	the	DET
aeasj-865	56	33	economic	economic	ADJ
aeasj-865	56	34	growth	growth	NOUN
aeasj-865	56	35	rate	rate	NOUN
aeasj-865	56	36	for	for	ADP
aeasj-865	56	37	france	france	PROPN
aeasj-865	56	38	.	.	PUNCT
aeasj-865	57	1	comparing	compare	VERB
aeasj-865	57	2	with	with	ADP
aeasj-865	57	3	public	public	ADJ
aeasj-865	57	4	debt	debt	NOUN
aeasj-865	57	5	between	between	ADP
aeasj-865	57	6	belgium	belgium	PROPN
aeasj-865	57	7	and	and	CCONJ
aeasj-865	57	8	italy	italy	PROPN
aeasj-865	57	9	,	,	PUNCT
aeasj-865	57	10	sapir	sapir	PROPN
aeasj-865	57	11	(	(	PUNCT
aeasj-865	57	12	2018	2018	NUM
aeasj-865	57	13	)	)	PUNCT
aeasj-865	57	14	examines	examine	VERB
aeasj-865	57	15	how	how	SCONJ
aeasj-865	57	16	these	these	DET
aeasj-865	57	17	two	two	NUM
aeasj-865	57	18	countries	country	NOUN
aeasj-865	57	19	have	have	AUX
aeasj-865	57	20	handled	handle	VERB
aeasj-865	57	21	the	the	DET
aeasj-865	57	22	debt	debt	NOUN
aeasj-865	57	23	issue	issue	NOUN
aeasj-865	57	24	.	.	PUNCT
aeasj-865	58	1	in	in	ADP
aeasj-865	58	2	the	the	DET
aeasj-865	58	3	early	early	ADJ
aeasj-865	58	4	1990s	1990	NOUN
aeasj-865	58	5	,	,	PUNCT
aeasj-865	58	6	both	both	DET
aeasj-865	58	7	countries	country	NOUN
aeasj-865	58	8	have	have	AUX
aeasj-865	58	9	accumulated	accumulate	VERB
aeasj-865	58	10	relatively	relatively	ADV
aeasj-865	58	11	high	high	ADJ
aeasj-865	58	12	levels	level	NOUN
aeasj-865	58	13	of	of	ADP
aeasj-865	58	14	public	public	ADJ
aeasj-865	58	15	debt	debt	NOUN
aeasj-865	58	16	.	.	PUNCT
aeasj-865	59	1	after	after	SCONJ
aeasj-865	59	2	the	the	DET
aeasj-865	59	3	maastricht	maastricht	PROPN
aeasj-865	59	4	treaty	treaty	NOUN
aeasj-865	59	5	took	take	VERB
aeasj-865	59	6	effect	effect	NOUN
aeasj-865	59	7	in	in	ADP
aeasj-865	59	8	1993	1993	NUM
aeasj-865	59	9	,	,	PUNCT
aeasj-865	59	10	both	both	DET
aeasj-865	59	11	countries	country	NOUN
aeasj-865	59	12	have	have	AUX
aeasj-865	59	13	improved	improve	VERB
aeasj-865	59	14	their	their	PRON
aeasj-865	59	15	financial	financial	ADJ
aeasj-865	59	16	position	position	NOUN
aeasj-865	59	17	to	to	PART
aeasj-865	59	18	reduce	reduce	VERB
aeasj-865	59	19	the	the	DET
aeasj-865	59	20	debt	debt	NOUN
aeasj-865	59	21	level	level	NOUN
aeasj-865	59	22	to	to	PART
aeasj-865	59	23	be	be	AUX
aeasj-865	59	24	eligible	eligible	ADJ
aeasj-865	59	25	for	for	ADP
aeasj-865	59	26	the	the	DET
aeasj-865	59	27	adoption	adoption	NOUN
aeasj-865	59	28	of	of	ADP
aeasj-865	59	29	the	the	DET
aeasj-865	59	30	euro	euro	NOUN
aeasj-865	59	31	.	.	PUNCT
aeasj-865	60	1	before	before	ADP
aeasj-865	60	2	the	the	DET
aeasj-865	60	3	launch	launch	NOUN
aeasj-865	60	4	of	of	ADP
aeasj-865	60	5	the	the	DET
aeasj-865	60	6	euro	euro	NOUN
aeasj-865	60	7	,	,	PUNCT
aeasj-865	60	8	however	however	ADV
aeasj-865	60	9	,	,	PUNCT
aeasj-865	60	10	italy	italy	PROPN
aeasj-865	60	11	’s	’s	PART
aeasj-865	60	12	debt	debt	NOUN
aeasj-865	60	13	position	position	NOUN
aeasj-865	60	14	became	become	VERB
aeasj-865	60	15	worse	bad	ADJ
aeasj-865	60	16	mainly	mainly	ADV
aeasj-865	60	17	because	because	SCONJ
aeasj-865	60	18	italy	italy	PROPN
aeasj-865	60	19	’s	’s	PART
aeasj-865	60	20	efforts	effort	NOUN
aeasj-865	60	21	stalked	stalk	VERB
aeasj-865	60	22	and	and	CCONJ
aeasj-865	60	23	did	do	AUX
aeasj-865	60	24	not	not	PART
aeasj-865	60	25	pay	pay	VERB
aeasj-865	60	26	enough	enough	ADJ
aeasj-865	60	27	attention	attention	NOUN
aeasj-865	60	28	to	to	ADP
aeasj-865	60	29	growth	growth	NOUN
aeasj-865	60	30	performance	performance	NOUN
aeasj-865	60	31	.	.	PUNCT
aeasj-865	61	1	during	during	ADP
aeasj-865	61	2	and	and	CCONJ
aeasj-865	61	3	after	after	ADP
aeasj-865	61	4	the	the	DET
aeasj-865	61	5	global	global	ADJ
aeasj-865	61	6	financial	financial	ADJ
aeasj-865	61	7	crisis	crisis	NOUN
aeasj-865	61	8	and	and	CCONJ
aeasj-865	61	9	the	the	DET
aeasj-865	61	10	greek	greek	ADJ
aeasj-865	61	11	sovereign	sovereign	ADJ
aeasj-865	61	12	debt	debt	NOUN
aeasj-865	61	13	crisis	crisis	NOUN
aeasj-865	61	14	,	,	PUNCT
aeasj-865	61	15	italy	italy	PROPN
aeasj-865	61	16	took	take	VERB
aeasj-865	61	17	austerity	austerity	NOUN
aeasj-865	61	18	measures	measure	NOUN
aeasj-865	61	19	,	,	PUNCT
aeasj-865	61	20	caused	cause	VERB
aeasj-865	61	21	real	real	ADJ
aeasj-865	61	22	gdp	gdp	NOUN
aeasj-865	61	23	to	to	PART
aeasj-865	61	24	decline	decline	VERB
aeasj-865	61	25	,	,	PUNCT
aeasj-865	61	26	and	and	CCONJ
aeasj-865	61	27	raised	raise	VERB
aeasj-865	61	28	the	the	DET
aeasj-865	61	29	debt	debt	NOUN
aeasj-865	61	30	level	level	NOUN
aeasj-865	61	31	.	.	PUNCT
aeasj-865	62	1	on	on	ADP
aeasj-865	62	2	the	the	DET
aeasj-865	62	3	other	other	ADJ
aeasj-865	62	4	hand	hand	NOUN
aeasj-865	62	5	,	,	PUNCT
aeasj-865	62	6	during	during	ADP
aeasj-865	62	7	the	the	DET
aeasj-865	62	8	crisis	crisis	NOUN
aeasj-865	62	9	,	,	PUNCT
aeasj-865	62	10	belgium	belgium	PROPN
aeasj-865	62	11	committed	commit	VERB
aeasj-865	62	12	to	to	ADP
aeasj-865	62	13	fiscal	fiscal	ADJ
aeasj-865	62	14	discipline	discipline	NOUN
aeasj-865	62	15	and	and	CCONJ
aeasj-865	62	16	debt	debt	NOUN
aeasj-865	62	17	sustainability	sustainability	NOUN
aeasj-865	62	18	.	.	PUNCT
aeasj-865	63	1	reviewing	review	VERB
aeasj-865	63	2	italy	italy	PROPN
aeasj-865	63	3	’s	’s	PART
aeasj-865	63	4	public	public	ADJ
aeasj-865	63	5	debt	debt	NOUN
aeasj-865	63	6	during	during	ADP
aeasj-865	63	7	1861	1861	NUM
aeasj-865	63	8	-	-	SYM
aeasj-865	63	9	2018	2018	NUM
aeasj-865	63	10	,	,	PUNCT
aeasj-865	63	11	bastasin	bastasin	NOUN
aeasj-865	63	12	,	,	PUNCT
aeasj-865	63	13	mischitelli	mischitelli	PROPN
aeasj-865	63	14	,	,	PUNCT
aeasj-865	63	15	and	and	CCONJ
aeasj-865	63	16	toniolo	toniolo	NOUN
aeasj-865	63	17	(	(	PUNCT
aeasj-865	63	18	2019	2019	NUM
aeasj-865	63	19	)	)	PUNCT
aeasj-865	63	20	indicated	indicate	VERB
aeasj-865	63	21	that	that	SCONJ
aeasj-865	63	22	the	the	DET
aeasj-865	63	23	relatively	relatively	ADV
aeasj-865	63	24	high	high	ADJ
aeasj-865	63	25	public	public	ADJ
aeasj-865	63	26	debt	debt	NOUN
aeasj-865	63	27	may	may	AUX
aeasj-865	63	28	not	not	PART
aeasj-865	63	29	be	be	AUX
aeasj-865	63	30	sustainable	sustainable	ADJ
aeasj-865	63	31	and	and	CCONJ
aeasj-865	63	32	that	that	SCONJ
aeasj-865	63	33	the	the	DET
aeasj-865	63	34	government	government	NOUN
aeasj-865	63	35	needs	need	VERB
aeasj-865	63	36	to	to	PART
aeasj-865	63	37	improve	improve	VERB
aeasj-865	63	38	education	education	NOUN
aeasj-865	63	39	,	,	PUNCT
aeasj-865	63	40	cut	cut	VERB
aeasj-865	63	41	red	red	ADJ
aeasj-865	63	42	tape	tape	NOUN
aeasj-865	63	43	,	,	PUNCT
aeasj-865	63	44	pursue	pursue	VERB
aeasj-865	63	45	investment	investment	NOUN
aeasj-865	63	46	-	-	PUNCT
aeasj-865	63	47	oriented	orient	VERB
aeasj-865	63	48	fiscal	fiscal	ADJ
aeasj-865	63	49	expansion	expansion	NOUN
aeasj-865	63	50	,	,	PUNCT
aeasj-865	63	51	and	and	CCONJ
aeasj-865	63	52	engage	engage	VERB
aeasj-865	63	53	in	in	ADP
aeasj-865	63	54	structural	structural	ADJ
aeasj-865	63	55	reforms	reform	NOUN
aeasj-865	63	56	to	to	PART
aeasj-865	63	57	enhance	enhance	VERB
aeasj-865	63	58	business	business	NOUN
aeasj-865	63	59	competitiveness	competitiveness	NOUN
aeasj-865	63	60	to	to	PART
aeasj-865	63	61	promote	promote	VERB
aeasj-865	63	62	growth	growth	NOUN
aeasj-865	63	63	.	.	PUNCT
aeasj-865	64	1	using	use	VERB
aeasj-865	64	2	a	a	DET
aeasj-865	64	3	large	large	ADJ
aeasj-865	64	4	sample	sample	NOUN
aeasj-865	64	5	consisting	consist	VERB
aeasj-865	64	6	of	of	ADP
aeasj-865	64	7	many	many	ADJ
aeasj-865	64	8	advanced	advanced	ADJ
aeasj-865	64	9	and	and	CCONJ
aeasj-865	64	10	developing	develop	VERB
aeasj-865	64	11	countries	country	NOUN
aeasj-865	64	12	,	,	PUNCT
aeasj-865	64	13	swamy	swamy	PROPN
aeasj-865	64	14	(	(	PUNCT
aeasj-865	64	15	2020	2020	NUM
aeasj-865	64	16	)	)	PUNCT
aeasj-865	64	17	reveals	reveal	VERB
aeasj-865	64	18	that	that	SCONJ
aeasj-865	64	19	a	a	DET
aeasj-865	64	20	10	10	NUM
aeasj-865	64	21	-	-	PUNCT
aeasj-865	64	22	percentage	percentage	NOUN
aeasj-865	64	23	point	point	NOUN
aeasj-865	64	24	increase	increase	NOUN
aeasj-865	64	25	in	in	ADP
aeasj-865	64	26	the	the	DET
aeasj-865	64	27	government	government	NOUN
aeasj-865	64	28	debt	debt	NOUN
aeasj-865	64	29	ratio	ratio	NOUN
aeasj-865	64	30	tends	tend	VERB
aeasj-865	64	31	to	to	PART
aeasj-865	64	32	result	result	VERB
aeasj-865	64	33	ina	ina	PROPN
aeasj-865	64	34	decrease	decrease	VERB
aeasj-865	64	35	in	in	ADP
aeasj-865	64	36	the	the	DET
aeasj-865	64	37	average	average	ADJ
aeasj-865	64	38	growth	growth	NOUN
aeasj-865	64	39	rate	rate	NOUN
aeasj-865	64	40	by	by	ADP
aeasj-865	64	41	23	23	NUM
aeasj-865	64	42	basis	basis	NOUN
aeasj-865	64	43	points	point	NOUN
aeasj-865	64	44	and	and	CCONJ
aeasj-865	64	45	that	that	SCONJ
aeasj-865	64	46	the	the	DET
aeasj-865	64	47	relationship	relationship	NOUN
aeasj-865	64	48	between	between	ADP
aeasj-865	64	49	government	government	NOUN
aeasj-865	64	50	debt	debt	NOUN
aeasj-865	64	51	and	and	CCONJ
aeasj-865	64	52	economic	economic	ADJ
aeasj-865	64	53	growth	growth	NOUN
aeasj-865	64	54	is	be	AUX
aeasj-865	64	55	nonlinear	nonlinear	ADJ
aeasj-865	64	56	.	.	PUNCT
aeasj-865	65	1	the	the	DET
aeasj-865	65	2	impact	impact	NOUN
aeasj-865	65	3	of	of	ADP
aeasj-865	65	4	government	government	NOUN
aeasj-865	65	5	debt	debt	NOUN
aeasj-865	65	6	on	on	ADP
aeasj-865	65	7	economic	economic	ADJ
aeasj-865	65	8	growth	growth	NOUN
aeasj-865	65	9	varies	vary	VERB
aeasj-865	65	10	by	by	ADP
aeasj-865	65	11	country	country	NOUN
aeasj-865	65	12	,	,	PUNCT
aeasj-865	65	13	depending	depend	VERB
aeasj-865	65	14	upon	upon	SCONJ
aeasj-865	65	15	several	several	ADJ
aeasj-865	65	16	major	major	ADJ
aeasj-865	65	17	macroeconomic	macroeconomic	ADJ
aeasj-865	65	18	factors	factor	NOUN
aeasj-865	65	19	and	and	CCONJ
aeasj-865	65	20	debt	debt	NOUN
aeasj-865	65	21	regimes	regime	NOUN
aeasj-865	65	22	.	.	PUNCT
aeasj-865	66	1	jacobs	jacobs	PROPN
aeasj-865	66	2	,	,	PUNCT
aeasj-865	66	3	ogawa	ogawa	PROPN
aeasj-865	66	4	,	,	PUNCT
aeasj-865	66	5	sterken	sterken	VERB
aeasj-865	66	6	,	,	PUNCT
aeasj-865	66	7	and	and	CCONJ
aeasj-865	66	8	tokutsu	tokutsu	NOUN
aeasj-865	66	9	(	(	PUNCT
aeasj-865	66	10	2020	2020	NUM
aeasj-865	66	11	)	)	PUNCT
aeasj-865	66	12	explore	explore	VERB
aeasj-865	66	13	the	the	DET
aeasj-865	66	14	relationship	relationship	NOUN
aeasj-865	66	15	between	between	ADP
aeasj-865	66	16	public	public	ADJ
aeasj-865	66	17	debt	debt	NOUN
aeasj-865	66	18	and	and	CCONJ
aeasj-865	66	19	economic	economic	ADJ
aeasj-865	66	20	growth	growth	NOUN
aeasj-865	66	21	for	for	ADP
aeasj-865	66	22	27	27	NUM
aeasj-865	66	23	eu	eu	PROPN
aeasj-865	66	24	members	member	NOUN
aeasj-865	66	25	and	and	CCONJ
aeasj-865	66	26	4	4	NUM
aeasj-865	66	27	oecd	oecd	PROPN
aeasj-865	66	28	countries	country	NOUN
aeasj-865	66	29	during	during	ADP
aeasj-865	66	30	1995	1995	NUM
aeasj-865	66	31	-	-	SYM
aeasj-865	66	32	2013	2013	NUM
aeasj-865	66	33	.	.	PUNCT
aeasj-865	67	1	they	they	PRON
aeasj-865	67	2	show	show	VERB
aeasj-865	67	3	that	that	SCONJ
aeasj-865	67	4	economic	economic	ADJ
aeasj-865	67	5	growth	growth	NOUN
aeasj-865	67	6	granger	granger	NOUN
aeasj-865	67	7	causes	cause	VERB
aeasj-865	67	8	public	public	ADJ
aeasj-865	67	9	debt	debt	NOUN
aeasj-865	67	10	,	,	PUNCT
aeasj-865	67	11	but	but	CCONJ
aeasj-865	67	12	not	not	PART
aeasj-865	67	13	vice	vice	ADV
aeasj-865	67	14	versa	versa	ADV
aeasj-865	67	15	.	.	PUNCT
aeasj-865	68	1	slow	slow	ADJ
aeasj-865	68	2	economic	economic	ADJ
aeasj-865	68	3	growth	growth	NOUN
aeasj-865	68	4	causes	cause	VERB
aeasj-865	68	5	more	more	ADJ
aeasj-865	68	6	public	public	ADJ
aeasj-865	68	7	debt	debt	NOUN
aeasj-865	68	8	.	.	PUNCT
aeasj-865	69	1	in	in	ADP
aeasj-865	69	2	high	high	ADJ
aeasj-865	69	3	-	-	PUNCT
aeasj-865	69	4	debt	debt	NOUN
aeasj-865	69	5	economies	economy	NOUN
aeasj-865	69	6	,	,	PUNCT
aeasj-865	69	7	slow	slow	ADJ
aeasj-865	69	8	economic	economic	ADJ
aeasj-865	69	9	growth	growth	NOUN
aeasj-865	69	10	increases	increase	VERB
aeasj-865	69	11	public	public	ADJ
aeasj-865	69	12	debt	debt	NOUN
aeasj-865	69	13	,	,	PUNCT
aeasj-865	69	14	which	which	PRON
aeasj-865	69	15	causes	cause	VERB
aeasj-865	69	16	a	a	DET
aeasj-865	69	17	higher	high	ADJ
aeasj-865	69	18	long	long	ADJ
aeasj-865	69	19	-	-	PUNCT
aeasj-865	69	20	term	term	NOUN
aeasj-865	69	21	interest	interest	NOUN
aeasj-865	69	22	rate	rate	NOUN
aeasj-865	69	23	,	,	PUNCT
aeasj-865	69	24	dampens	dampen	VERB
aeasj-865	69	25	interest	interest	NOUN
aeasj-865	69	26	-	-	PUNCT
aeasj-865	69	27	rate	rate	NOUN
aeasj-865	69	28	sensitive	sensitive	ADJ
aeasj-865	69	29	private	private	ADJ
aeasj-865	69	30	spending	spending	NOUN
aeasj-865	69	31	,	,	PUNCT
aeasj-865	69	32	and	and	CCONJ
aeasj-865	69	33	increases	increase	VERB
aeasj-865	69	34	public	public	ADJ
aeasj-865	69	35	debt	debt	NOUN
aeasj-865	69	36	.	.	PUNCT
aeasj-865	70	1	besides	besides	SCONJ
aeasj-865	70	2	,	,	PUNCT
aeasj-865	70	3	they	they	PRON
aeasj-865	70	4	indicate	indicate	VERB
aeasj-865	70	5	that	that	SCONJ
aeasj-865	70	6	high	high	ADJ
aeasj-865	70	7	-	-	PUNCT
aeasj-865	70	8	debt	debt	NOUN
aeasj-865	70	9	economies	economy	NOUN
aeasj-865	70	10	show	show	VERB
aeasj-865	70	11	greater	great	ADJ
aeasj-865	70	12	impacts	impact	NOUN
aeasj-865	70	13	of	of	ADP
aeasj-865	70	14	economic	economic	ADJ
aeasj-865	70	15	growth	growth	NOUN
aeasj-865	70	16	on	on	ADP
aeasj-865	70	17	the	the	DET
aeasj-865	70	18	debt	debt	NOUN
aeasj-865	70	19	ratio	ratio	NOUN
aeasj-865	70	20	and	and	CCONJ
aeasj-865	70	21	that	that	SCONJ
aeasj-865	70	22	the	the	DET
aeasj-865	70	23	low	low	ADJ
aeasj-865	70	24	-	-	PUNCT
aeasj-865	70	25	debt	debt	NOUN
aeasj-865	70	26	countries	country	NOUN
aeasj-865	70	27	exhibit	exhibit	VERB
aeasj-865	70	28	greater	great	ADJ
aeasj-865	70	29	effects	effect	NOUN
aeasj-865	70	30	of	of	ADP
aeasj-865	70	31	the	the	DET
aeasj-865	70	32	debt	debt	NOUN
aeasj-865	70	33	ratio	ratio	NOUN
aeasj-865	70	34	on	on	ADP
aeasj-865	70	35	economic	economic	ADJ
aeasj-865	70	36	growth	growth	NOUN
aeasj-865	70	37	.	.	PUNCT
aeasj-865	71	1	the	the	DET
aeasj-865	71	2	model	model	NOUN
aeasj-865	71	3	applying	apply	VERB
aeasj-865	71	4	ram	ram	NOUN
aeasj-865	71	5	(	(	PUNCT
aeasj-865	71	6	1986	1986	NUM
aeasj-865	71	7	,	,	PUNCT
aeasj-865	71	8	1989	1989	NUM
aeasj-865	71	9	)	)	PUNCT
aeasj-865	71	10	and	and	CCONJ
aeasj-865	71	11	goel	goel	PROPN
aeasj-865	71	12	,	,	PUNCT
aeasj-865	71	13	payne	payne	PROPN
aeasj-865	71	14	,	,	PUNCT
aeasj-865	71	15	and	and	CCONJ
aeasj-865	71	16	ram	ram	NOUN
aeasj-865	71	17	(	(	PUNCT
aeasj-865	71	18	2008	2008	NUM
aeasj-865	71	19	)	)	PUNCT
aeasj-865	71	20	,	,	PUNCT
aeasj-865	71	21	the	the	DET
aeasj-865	71	22	growth	growth	NOUN
aeasj-865	71	23	rate	rate	NOUN
aeasj-865	71	24	of	of	ADP
aeasj-865	71	25	real	real	ADJ
aeasj-865	71	26	gdp	gdp	NOUN
aeasj-865	71	27	can	can	AUX
aeasj-865	71	28	be	be	AUX
aeasj-865	71	29	expressed	express	VERB
aeasj-865	71	30	as	as	ADP
aeasj-865	71	31	:	:	PUNCT
aeasj-865	71	32	gy	gy	NOUN
aeasj-865	71	33	=	=	PUNCT
aeasj-865	71	34	w(gl	w(gl	PROPN
aeasj-865	71	35	,	,	PUNCT
aeasj-865	71	36	gk	gk	PROPN
aeasj-865	71	37	,	,	PUNCT
aeasj-865	71	38	dy	dy	X
aeasj-865	71	39	)	)	PUNCT
aeasj-865	71	40	(	(	PUNCT
aeasj-865	71	41	1	1	X
aeasj-865	71	42	)	)	PUNCT
aeasj-865	71	43	where	where	SCONJ
aeasj-865	71	44	gy=	gy=	VERB
aeasj-865	71	45	the	the	DET
aeasj-865	71	46	growth	growth	NOUN
aeasj-865	71	47	rate	rate	NOUN
aeasj-865	71	48	of	of	ADP
aeasj-865	71	49	real	real	ADJ
aeasj-865	71	50	gdp(y	gdp(y	PROPN
aeasj-865	71	51	)	)	PUNCT
aeasj-865	71	52	in	in	ADP
aeasj-865	71	53	italy	italy	PROPN
aeasj-865	71	54	,	,	PUNCT
aeasj-865	71	55	gl	gl	X
aeasj-865	72	1	=	=	PUNCT
aeasj-865	72	2	the	the	DET
aeasj-865	72	3	growth	growth	NOUN
aeasj-865	72	4	rate	rate	NOUN
aeasj-865	72	5	of	of	ADP
aeasj-865	72	6	labor	labor	NOUN
aeasj-865	72	7	(	(	PUNCT
aeasj-865	72	8	l	l	NOUN
aeasj-865	72	9	)	)	PUNCT
aeasj-865	72	10	,	,	PUNCT
aeasj-865	72	11	gk	gk	X
aeasj-865	72	12	=	=	PUNCT
aeasj-865	72	13	the	the	DET
aeasj-865	72	14	growth	growth	NOUN
aeasj-865	72	15	rate	rate	NOUN
aeasj-865	72	16	of	of	ADP
aeasj-865	72	17	capital	capital	NOUN
aeasj-865	72	18	(	(	PUNCT
aeasj-865	72	19	k	k	NOUN
aeasj-865	72	20	)	)	PUNCT
aeasj-865	72	21	,	,	PUNCT
aeasj-865	72	22	and	and	CCONJ
aeasj-865	72	23	dy	dy	X
aeasj-865	72	24	=	=	PUNCT
aeasj-865	72	25	the	the	DET
aeasj-865	72	26	government	government	NOUN
aeasj-865	72	27	debt	debt	NOUN
aeasj-865	72	28	-	-	PUNCT
aeasj-865	72	29	to	to	ADP
aeasj-865	72	30	-	-	PUNCT
aeasj-865	72	31	gdp	gdp	NOUN
aeasj-865	72	32	ratio	ratio	NOUN
aeasj-865	72	33	.	.	PUNCT
aeasj-865	73	1	due	due	ADP
aeasj-865	73	2	to	to	ADP
aeasj-865	73	3	the	the	DET
aeasj-865	73	4	lack	lack	NOUN
aeasj-865	73	5	of	of	ADP
aeasj-865	73	6	data	datum	NOUN
aeasj-865	73	7	for	for	ADP
aeasj-865	73	8	capital	capital	NOUN
aeasj-865	73	9	,	,	PUNCT
aeasj-865	73	10	the	the	DET
aeasj-865	73	11	growth	growth	NOUN
aeasj-865	73	12	rate	rate	NOUN
aeasj-865	73	13	of	of	ADP
aeasj-865	73	14	capital	capital	NOUN
aeasj-865	73	15	can	can	AUX
aeasj-865	73	16	be	be	AUX
aeasj-865	73	17	substituted	substitute	VERB
aeasj-865	73	18	by	by	ADP
aeasj-865	73	19	the	the	DET
aeasj-865	73	20	ratio	ratio	NOUN
aeasj-865	73	21	of	of	ADP
aeasj-865	73	22	investment	investment	NOUN
aeasj-865	73	23	spending	spending	NOUN
aeasj-865	73	24	to	to	ADP
aeasj-865	73	25	gross	gross	ADJ
aeasj-865	73	26	domestic	domestic	ADJ
aeasj-865	73	27	product	product	NOUN
aeasj-865	73	28	(	(	PUNCT
aeasj-865	73	29	iy	iy	INTJ
aeasj-865	73	30	)	)	PUNCT
aeasj-865	73	31	(	(	PUNCT
aeasj-865	73	32	ram	ram	NOUN
aeasj-865	73	33	,	,	PUNCT
aeasj-865	73	34	1986	1986	NUM
aeasj-865	73	35	,	,	PUNCT
aeasj-865	73	36	1989	1989	NUM
aeasj-865	73	37	)	)	PUNCT
aeasj-865	73	38	.	.	PUNCT
aeasj-865	74	1	gy	gy	PROPN
aeasj-865	74	2	=	=	SYM
aeasj-865	74	3	z(gl	z(gl	PROPN
aeasj-865	74	4	,	,	PUNCT
aeasj-865	74	5	iy	iy	INTJ
aeasj-865	74	6	,	,	PUNCT
aeasj-865	74	7	dy	dy	X
aeasj-865	74	8	)	)	PUNCT
aeasj-865	74	9	(	(	PUNCT
aeasj-865	74	10	2	2	X
aeasj-865	74	11	)	)	PUNCT
aeasj-865	74	12	https://www.cribfb.com/journal/index.php/aesr	https://www.cribfb.com/journal/index.php/aesr	ADV
aeasj-865	74	13	american	american	PROPN
aeasj-865	74	14	economic	economic	PROPN
aeasj-865	74	15	&	&	CCONJ
aeasj-865	74	16	social	social	PROPN
aeasj-865	74	17	review	review	PROPN
aeasj-865	74	18	vol	vol	NOUN
aeasj-865	74	19	.	.	PROPN
aeasj-865	75	1	6	6	NUM
aeasj-865	75	2	,	,	PUNCT
aeasj-865	75	3	no	no	INTJ
aeasj-865	75	4	.	.	NOUN
aeasj-865	75	5	2	2	NUM
aeasj-865	75	6	;	;	PUNCT
aeasj-865	75	7	2020	2020	NUM
aeasj-865	75	8	34	34	NUM
aeasj-865	75	9	the	the	DET
aeasj-865	75	10	coefficient	coefficient	NOUN
aeasj-865	75	11	of	of	ADP
aeasj-865	75	12	gl	gl	NOUN
aeasj-865	75	13	measures	measure	NOUN
aeasj-865	75	14	the	the	DET
aeasj-865	75	15	elasticity	elasticity	NOUN
aeasj-865	75	16	of	of	ADP
aeasj-865	75	17	y	y	PROPN
aeasj-865	75	18	with	with	ADP
aeasj-865	75	19	respect	respect	NOUN
aeasj-865	75	20	to	to	ADP
aeasj-865	75	21	l	l	NOUN
aeasj-865	75	22	,	,	PUNCT
aeasj-865	75	23	and	and	CCONJ
aeasj-865	75	24	the	the	DET
aeasj-865	75	25	coefficient	coefficient	NOUN
aeasj-865	75	26	of	of	ADP
aeasj-865	75	27	iy	iy	PROPN
aeasj-865	75	28	represents	represent	VERB
aeasj-865	75	29	the	the	DET
aeasj-865	75	30	marginal	marginal	ADJ
aeasj-865	75	31	product	product	NOUN
aeasj-865	75	32	of	of	ADP
aeasj-865	75	33	capital	capital	NOUN
aeasj-865	75	34	.	.	PUNCT
aeasj-865	76	1	the	the	DET
aeasj-865	76	2	coefficient	coefficient	NOUN
aeasj-865	76	3	of	of	ADP
aeasj-865	76	4	gl	gl	PROPN
aeasj-865	76	5	and	and	CCONJ
aeasj-865	76	6	iy	iy	PROPN
aeasj-865	76	7	is	be	AUX
aeasj-865	76	8	expected	expect	VERB
aeasj-865	76	9	to	to	PART
aeasj-865	76	10	be	be	AUX
aeasj-865	76	11	positive	positive	ADJ
aeasj-865	76	12	,	,	PUNCT
aeasj-865	76	13	and	and	CCONJ
aeasj-865	76	14	the	the	DET
aeasj-865	76	15	sign	sign	NOUN
aeasj-865	76	16	of	of	ADP
aeasj-865	76	17	the	the	DET
aeasj-865	76	18	coefficient	coefficient	NOUN
aeasj-865	76	19	of	of	ADP
aeasj-865	76	20	dy	dy	NOUN
aeasj-865	76	21	is	be	AUX
aeasj-865	76	22	unclear	unclear	ADJ
aeasj-865	76	23	.	.	PUNCT
aeasj-865	77	1	when	when	SCONJ
aeasj-865	77	2	dy	dy	NOUN
aeasj-865	77	3	is	be	AUX
aeasj-865	77	4	relatively	relatively	ADV
aeasj-865	77	5	low	low	ADJ
aeasj-865	77	6	,	,	PUNCT
aeasj-865	77	7	an	an	DET
aeasj-865	77	8	increase	increase	NOUN
aeasj-865	77	9	in	in	ADP
aeasj-865	77	10	the	the	DET
aeasj-865	77	11	government	government	NOUN
aeasj-865	77	12	debt	debt	NOUN
aeasj-865	77	13	ratio	ratio	NOUN
aeasj-865	77	14	for	for	ADP
aeasj-865	77	15	infrastructural	infrastructural	ADJ
aeasj-865	77	16	improvements	improvement	NOUN
aeasj-865	77	17	may	may	AUX
aeasj-865	77	18	enhance	enhance	VERB
aeasj-865	77	19	economic	economic	ADJ
aeasj-865	77	20	growth	growth	NOUN
aeasj-865	77	21	.	.	PUNCT
aeasj-865	78	1	when	when	SCONJ
aeasj-865	78	2	the	the	DET
aeasj-865	78	3	debt	debt	NOUN
aeasj-865	78	4	ratio	ratio	NOUN
aeasj-865	78	5	is	be	AUX
aeasj-865	78	6	relatively	relatively	ADV
aeasj-865	78	7	high	high	ADJ
aeasj-865	78	8	,	,	PUNCT
aeasj-865	78	9	a	a	DET
aeasj-865	78	10	further	further	ADJ
aeasj-865	78	11	increase	increase	NOUN
aeasj-865	78	12	in	in	ADP
aeasj-865	78	13	the	the	DET
aeasj-865	78	14	debt	debt	NOUN
aeasj-865	78	15	ratio	ratio	NOUN
aeasj-865	78	16	tends	tend	VERB
aeasj-865	78	17	to	to	PART
aeasj-865	78	18	raise	raise	VERB
aeasj-865	78	19	the	the	DET
aeasj-865	78	20	interest	interest	NOUN
aeasj-865	78	21	rate	rate	NOUN
aeasj-865	78	22	,	,	PUNCT
aeasj-865	78	23	cause	cause	VERB
aeasj-865	78	24	the	the	DET
aeasj-865	78	25	local	local	ADJ
aeasj-865	78	26	currency	currency	NOUN
aeasj-865	78	27	to	to	PART
aeasj-865	78	28	appreciate	appreciate	VERB
aeasj-865	78	29	,	,	PUNCT
aeasj-865	78	30	hurt	hurt	NOUN
aeasj-865	78	31	exports	export	NOUN
aeasj-865	78	32	,	,	PUNCT
aeasj-865	78	33	and	and	CCONJ
aeasj-865	78	34	crowd	crowd	VERB
aeasj-865	78	35	out	out	ADP
aeasj-865	78	36	private	private	ADJ
aeasj-865	78	37	spending	spending	NOUN
aeasj-865	78	38	.	.	PUNCT
aeasj-865	79	1	there	there	PRON
aeasj-865	79	2	may	may	AUX
aeasj-865	79	3	be	be	AUX
aeasj-865	79	4	a	a	DET
aeasj-865	79	5	threshold	threshold	NOUN
aeasj-865	79	6	or	or	CCONJ
aeasj-865	79	7	an	an	DET
aeasj-865	79	8	inverted	inverted	ADJ
aeasj-865	79	9	u	u	ADJ
aeasj-865	79	10	-	-	ADJ
aeasj-865	79	11	shaped	shape	VERB
aeasj-865	79	12	relationship	relationship	NOUN
aeasj-865	79	13	between	between	ADP
aeasj-865	79	14	gy	gy	PROPN
aeasj-865	79	15	and	and	CCONJ
aeasj-865	79	16	the	the	DET
aeasj-865	79	17	government	government	NOUN
aeasj-865	79	18	debt	debt	NOUN
aeasj-865	79	19	ratio	ratio	NOUN
aeasj-865	79	20	.	.	PUNCT
aeasj-865	80	1	an	an	DET
aeasj-865	80	2	analysis	analysis	NOUN
aeasj-865	80	3	of	of	ADP
aeasj-865	80	4	the	the	DET
aeasj-865	80	5	data	datum	NOUN
aeasj-865	80	6	also	also	ADV
aeasj-865	80	7	finds	find	VERB
aeasj-865	80	8	that	that	SCONJ
aeasj-865	80	9	growth	growth	NOUN
aeasj-865	80	10	rates	rate	NOUN
aeasj-865	80	11	declined	decline	VERB
aeasj-865	80	12	a	a	DET
aeasj-865	80	13	great	great	ADJ
aeasj-865	80	14	deal	deal	NOUN
aeasj-865	80	15	due	due	ADP
aeasj-865	80	16	to	to	ADP
aeasj-865	80	17	the	the	DET
aeasj-865	80	18	global	global	ADJ
aeasj-865	80	19	financial	financial	ADJ
aeasj-865	80	20	crisis	crisis	NOUN
aeasj-865	80	21	.	.	PUNCT
aeasj-865	81	1	hence	hence	ADV
aeasj-865	81	2	,	,	PUNCT
aeasj-865	81	3	a	a	DET
aeasj-865	81	4	binary	binary	ADJ
aeasj-865	81	5	variable	variable	NOUN
aeasj-865	81	6	(	(	PUNCT
aeasj-865	81	7	b	b	NOUN
aeasj-865	81	8	)	)	PUNCT
aeasj-865	81	9	is	be	AUX
aeasj-865	81	10	also	also	ADV
aeasj-865	81	11	added	add	VERB
aeasj-865	81	12	to	to	ADP
aeasj-865	81	13	the	the	DET
aeasj-865	81	14	estimated	estimate	VERB
aeasj-865	81	15	equation	equation	NOUN
aeasj-865	81	16	:	:	PUNCT
aeasj-865	81	17	gy	gy	NOUN
aeasj-865	81	18	=	=	NOUN
aeasj-865	81	19	δ0	δ0	NOUN
aeasj-865	81	20	+	+	CCONJ
aeasj-865	81	21	δ1gl	δ1gl	PUNCT
aeasj-865	81	22	+	+	CCONJ
aeasj-865	81	23	δ2	δ2	ADJ
aeasj-865	81	24	iy	iy	NOUN
aeasj-865	82	1	+	+	CCONJ
aeasj-865	82	2	δ3	δ3	PROPN
aeasj-865	82	3	dy	dy	X
aeasj-865	82	4	+	+	CCONJ
aeasj-865	82	5	δ4dy2	δ4dy2	ADJ
aeasj-865	82	6	+	+	CCONJ
aeasj-865	82	7	δ5b	δ5b	NOUN
aeasj-865	82	8	+	+	CCONJ
aeasj-865	82	9	ε	ε	PROPN
aeasj-865	82	10	(	(	PUNCT
aeasj-865	82	11	3	3	NUM
aeasj-865	82	12	)	)	PUNCT
aeasj-865	82	13	an	an	DET
aeasj-865	82	14	inverted	invert	VERB
aeasj-865	82	15	u	u	ADJ
aeasj-865	82	16	-	-	ADJ
aeasj-865	82	17	shaped	shape	VERB
aeasj-865	82	18	relationship	relationship	NOUN
aeasj-865	82	19	between	between	ADP
aeasj-865	82	20	gy	gy	PROPN
aeasj-865	82	21	and	and	CCONJ
aeasj-865	82	22	the	the	DET
aeasj-865	82	23	debt	debt	NOUN
aeasj-865	82	24	ratio	ratio	NOUN
aeasj-865	82	25	suggests	suggest	VERB
aeasj-865	82	26	that	that	SCONJ
aeasj-865	82	27	the	the	DET
aeasj-865	82	28	sign	sign	NOUN
aeasj-865	82	29	of	of	ADP
aeasj-865	82	30	dy	dy	NOUN
aeasj-865	82	31	should	should	AUX
aeasj-865	82	32	be	be	AUX
aeasj-865	82	33	positive	positive	ADJ
aeasj-865	82	34	and	and	CCONJ
aeasj-865	82	35	the	the	DET
aeasj-865	82	36	sign	sign	NOUN
aeasj-865	82	37	of	of	ADP
aeasj-865	82	38	dy2should	dy2should	AUX
aeasj-865	82	39	be	be	AUX
aeasj-865	82	40	negative	negative	ADJ
aeasj-865	82	41	.	.	PUNCT
aeasj-865	83	1	the	the	DET
aeasj-865	83	2	critical	critical	ADJ
aeasj-865	83	3	value	value	NOUN
aeasj-865	83	4	(	(	PUNCT
aeasj-865	83	5	turning	turning	NOUN
aeasj-865	83	6	point	point	NOUN
aeasj-865	83	7	)	)	PUNCT
aeasj-865	83	8	of	of	ADP
aeasj-865	83	9	the	the	DET
aeasj-865	83	10	debt	debt	NOUN
aeasj-865	83	11	ratio	ratio	NOUN
aeasj-865	83	12	corresponding	correspond	VERB
aeasj-865	83	13	to	to	ADP
aeasj-865	83	14	the	the	DET
aeasj-865	83	15	maximum	maximum	ADJ
aeasj-865	83	16	growth	growth	NOUN
aeasj-865	83	17	rate	rate	NOUN
aeasj-865	83	18	of	of	ADP
aeasj-865	83	19	real	real	ADJ
aeasj-865	83	20	gdp	gdp	NOUN
aeasj-865	83	21	is	be	AUX
aeasj-865	83	22	given	give	VERB
aeasj-865	83	23	by	by	ADP
aeasj-865	83	24	:	:	PUNCT
aeasj-865	83	25	dy∗	dy∗	ADJ
aeasj-865	83	26	=	=	PUNCT
aeasj-865	83	27	δ3	δ3	PROPN
aeasj-865	83	28	2δ4	2δ4	NUM
aeasj-865	83	29	(	(	PUNCT
aeasj-865	83	30	4	4	NUM
aeasj-865	83	31	)	)	PUNCT
aeasj-865	83	32	where	where	SCONJ
aeasj-865	83	33	,	,	PUNCT
aeasj-865	83	34	𝛿3	𝛿3	PROPN
aeasj-865	83	35	is	be	AUX
aeasj-865	83	36	the	the	DET
aeasj-865	83	37	coefficient	coefficient	NOUN
aeasj-865	83	38	of	of	ADP
aeasj-865	83	39	dy	dy	NOUN
aeasj-865	83	40	and	and	CCONJ
aeasj-865	83	41	𝛿4	𝛿4	NOUN
aeasj-865	83	42	is	be	AUX
aeasj-865	83	43	the	the	DET
aeasj-865	83	44	coefficient	coefficient	NOUN
aeasj-865	83	45	of	of	ADP
aeasj-865	83	46	dy2	dy2	PROPN
aeasj-865	83	47	.	.	PUNCT
aeasj-865	84	1	empirical	empirical	ADJ
aeasj-865	84	2	results	result	NOUN
aeasj-865	84	3	the	the	DET
aeasj-865	84	4	data	datum	NOUN
aeasj-865	84	5	were	be	AUX
aeasj-865	84	6	collected	collect	VERB
aeasj-865	84	7	from	from	ADP
aeasj-865	84	8	the	the	DET
aeasj-865	84	9	world	world	NOUN
aeasj-865	84	10	economic	economic	ADJ
aeasj-865	84	11	outlook	outlook	NOUN
aeasj-865	84	12	,	,	PUNCT
aeasj-865	84	13	international	international	ADJ
aeasj-865	84	14	financial	financial	ADJ
aeasj-865	84	15	statistics	statistic	NOUN
aeasj-865	84	16	,	,	PUNCT
aeasj-865	84	17	and	and	CCONJ
aeasj-865	84	18	eurostat	eurostat	PROPN
aeasj-865	84	19	.	.	PUNCT
aeasj-865	85	1	the	the	DET
aeasj-865	85	2	growth	growth	NOUN
aeasj-865	85	3	rate	rate	NOUN
aeasj-865	85	4	of	of	ADP
aeasj-865	85	5	real	real	ADJ
aeasj-865	85	6	gdp	gdp	NOUN
aeasj-865	85	7	is	be	AUX
aeasj-865	85	8	expressed	express	VERB
aeasj-865	85	9	as	as	ADP
aeasj-865	85	10	a	a	DET
aeasj-865	85	11	percent	percent	NOUN
aeasj-865	85	12	.	.	PUNCT
aeasj-865	86	1	the	the	DET
aeasj-865	86	2	growth	growth	NOUN
aeasj-865	86	3	rate	rate	NOUN
aeasj-865	86	4	of	of	ADP
aeasj-865	86	5	labor	labor	NOUN
aeasj-865	86	6	employment	employment	NOUN
aeasj-865	86	7	is	be	AUX
aeasj-865	86	8	expressed	express	VERB
aeasj-865	86	9	as	as	ADP
aeasj-865	86	10	a	a	DET
aeasj-865	86	11	percent	percent	NOUN
aeasj-865	86	12	.	.	PUNCT
aeasj-865	87	1	investment	investment	NOUN
aeasj-865	87	2	spending	spending	NOUN
aeasj-865	87	3	as	as	ADP
aeasj-865	87	4	a	a	DET
aeasj-865	87	5	percent	percent	NOUN
aeasj-865	87	6	of	of	ADP
aeasj-865	87	7	gdp	gdp	NOUN
aeasj-865	87	8	is	be	AUX
aeasj-865	87	9	used	use	VERB
aeasj-865	87	10	as	as	SCONJ
aeasj-865	87	11	the	the	DET
aeasj-865	87	12	data	datum	NOUN
aeasj-865	87	13	for	for	ADP
aeasj-865	87	14	capital	capital	NOUN
aeasj-865	87	15	is	be	AUX
aeasj-865	87	16	not	not	PART
aeasj-865	87	17	available	available	ADJ
aeasj-865	87	18	.	.	PUNCT
aeasj-865	88	1	central	central	ADJ
aeasj-865	88	2	government	government	NOUN
aeasj-865	88	3	debt	debt	NOUN
aeasj-865	88	4	is	be	AUX
aeasj-865	88	5	measured	measure	VERB
aeasj-865	88	6	as	as	ADP
aeasj-865	88	7	a	a	DET
aeasj-865	88	8	percent	percent	NOUN
aeasj-865	88	9	of	of	ADP
aeasj-865	88	10	gross	gross	ADJ
aeasj-865	88	11	domestic	domestic	ADJ
aeasj-865	88	12	product	product	NOUN
aeasj-865	88	13	.	.	PUNCT
aeasj-865	89	1	the	the	DET
aeasj-865	89	2	sample	sample	NOUN
aeasj-865	89	3	ranges	range	VERB
aeasj-865	89	4	from	from	ADP
aeasj-865	89	5	1981	1981	NUM
aeasj-865	89	6	to	to	ADP
aeasj-865	89	7	2019	2019	NUM
aeasj-865	89	8	.	.	PUNCT
aeasj-865	90	1	the	the	DET
aeasj-865	90	2	data	datum	NOUN
aeasj-865	90	3	for	for	ADP
aeasj-865	90	4	the	the	DET
aeasj-865	90	5	government	government	NOUN
aeasj-865	90	6	debt	debt	NOUN
aeasj-865	90	7	ratio	ratio	NOUN
aeasj-865	90	8	or	or	CCONJ
aeasj-865	90	9	the	the	DET
aeasj-865	90	10	growth	growth	NOUN
aeasj-865	90	11	rate	rate	NOUN
aeasj-865	90	12	before	before	ADP
aeasj-865	90	13	1981is	1981i	NOUN
aeasj-865	90	14	not	not	PART
aeasj-865	90	15	available	available	ADJ
aeasj-865	90	16	.	.	PUNCT
aeasj-865	91	1	figure	figure	NOUN
aeasj-865	91	2	1	1	NUM
aeasj-865	91	3	shows	show	VERB
aeasj-865	91	4	the	the	DET
aeasj-865	91	5	growth	growth	NOUN
aeasj-865	91	6	rates	rate	NOUN
aeasj-865	91	7	of	of	ADP
aeasj-865	91	8	real	real	ADJ
aeasj-865	91	9	gdp	gdp	NOUN
aeasj-865	91	10	over	over	ADP
aeasj-865	91	11	time	time	NOUN
aeasj-865	91	12	.	.	PUNCT
aeasj-865	92	1	it	it	PRON
aeasj-865	92	2	appears	appear	VERB
aeasj-865	92	3	that	that	SCONJ
aeasj-865	92	4	growth	growth	NOUN
aeasj-865	92	5	rates	rate	NOUN
aeasj-865	92	6	of	of	ADP
aeasj-865	92	7	real	real	ADJ
aeasj-865	92	8	gdp	gdp	NOUN
aeasj-865	92	9	were	be	AUX
aeasj-865	92	10	less	less	ADJ
aeasj-865	92	11	than	than	ADP
aeasj-865	92	12	2	2	NUM
aeasj-865	92	13	%	%	NOUN
aeasj-865	92	14	after	after	ADP
aeasj-865	92	15	the	the	DET
aeasj-865	92	16	year	year	NOUN
aeasj-865	92	17	2006	2006	NUM
aeasj-865	92	18	and	and	CCONJ
aeasj-865	92	19	were	be	AUX
aeasj-865	92	20	negative	negative	ADJ
aeasj-865	92	21	in	in	ADP
aeasj-865	92	22	2008	2008	NUM
aeasj-865	92	23	and	and	CCONJ
aeasj-865	92	24	2009	2009	NUM
aeasj-865	92	25	due	due	ADP
aeasj-865	92	26	to	to	ADP
aeasj-865	92	27	the	the	DET
aeasj-865	92	28	global	global	ADJ
aeasj-865	92	29	financial	financial	ADJ
aeasj-865	92	30	crisis	crisis	NOUN
aeasj-865	92	31	.	.	PUNCT
aeasj-865	93	1	figure	figure	NOUN
aeasj-865	93	2	2	2	NUM
aeasj-865	93	3	describes	describe	VERB
aeasj-865	93	4	the	the	DET
aeasj-865	93	5	central	central	ADJ
aeasj-865	93	6	government	government	NOUN
aeasj-865	93	7	debt	debt	NOUN
aeasj-865	93	8	as	as	ADP
aeasj-865	93	9	a	a	DET
aeasj-865	93	10	percent	percent	NOUN
aeasj-865	93	11	of	of	ADP
aeasj-865	93	12	gdp	gdp	NOUN
aeasj-865	93	13	.	.	PUNCT
aeasj-865	94	1	the	the	DET
aeasj-865	94	2	debt	debt	NOUN
aeasj-865	94	3	ratio	ratio	NOUN
aeasj-865	94	4	declined	decline	VERB
aeasj-865	94	5	during	during	ADP
aeasj-865	94	6	1996	1996	NUM
aeasj-865	94	7	-	-	SYM
aeasj-865	94	8	2007	2007	NUM
aeasj-865	94	9	,	,	PUNCT
aeasj-865	94	10	rose	rise	VERB
aeasj-865	94	11	during	during	ADP
aeasj-865	94	12	2008	2008	NUM
aeasj-865	94	13	-	-	SYM
aeasj-865	94	14	2013	2013	NUM
aeasj-865	94	15	,	,	PUNCT
aeasj-865	94	16	leveled	level	VERB
aeasj-865	94	17	off	off	ADP
aeasj-865	94	18	after	after	ADP
aeasj-865	94	19	2013	2013	NUM
aeasj-865	94	20	,	,	PUNCT
aeasj-865	94	21	and	and	CCONJ
aeasj-865	94	22	reached	reach	VERB
aeasj-865	94	23	131.09	131.09	NUM
aeasj-865	94	24	%	%	NOUN
aeasj-865	94	25	in	in	ADP
aeasj-865	94	26	2019	2019	NUM
aeasj-865	94	27	.	.	PUNCT
aeasj-865	95	1	figure	figure	VERB
aeasj-865	95	2	3	3	NUM
aeasj-865	95	3	exhibits	exhibit	VERB
aeasj-865	95	4	a	a	DET
aeasj-865	95	5	scatter	scatter	NOUN
aeasj-865	95	6	diagram	diagram	NOUN
aeasj-865	95	7	between	between	ADP
aeasj-865	95	8	the	the	DET
aeasj-865	95	9	debt	debt	NOUN
aeasj-865	95	10	ratio	ratio	NOUN
aeasj-865	95	11	and	and	CCONJ
aeasj-865	95	12	the	the	DET
aeasj-865	95	13	growth	growth	NOUN
aeasj-865	95	14	rate	rate	NOUN
aeasj-865	95	15	of	of	ADP
aeasj-865	95	16	real	real	ADJ
aeasj-865	95	17	gdp	gdp	NOUN
aeasj-865	95	18	.	.	PUNCT
aeasj-865	96	1	it	it	PRON
aeasj-865	96	2	seems	seem	VERB
aeasj-865	96	3	that	that	SCONJ
aeasj-865	96	4	the	the	DET
aeasj-865	96	5	relationship	relationship	NOUN
aeasj-865	96	6	is	be	AUX
aeasj-865	96	7	nonlinear	nonlinear	ADJ
aeasj-865	96	8	.	.	PUNCT
aeasj-865	97	1	with	with	ADP
aeasj-865	97	2	a	a	DET
aeasj-865	97	3	few	few	ADJ
aeasj-865	97	4	outliers	outlier	NOUN
aeasj-865	97	5	,	,	PUNCT
aeasj-865	97	6	the	the	DET
aeasj-865	97	7	relation	relation	NOUN
aeasj-865	97	8	was	be	AUX
aeasj-865	97	9	positive	positive	ADJ
aeasj-865	97	10	when	when	SCONJ
aeasj-865	97	11	the	the	DET
aeasj-865	97	12	debt	debt	NOUN
aeasj-865	97	13	ratio	ratio	NOUN
aeasj-865	97	14	was	be	AUX
aeasj-865	97	15	relatively	relatively	ADV
aeasj-865	97	16	small	small	ADJ
aeasj-865	97	17	and	and	CCONJ
aeasj-865	97	18	negative	negative	ADJ
aeasj-865	97	19	when	when	SCONJ
aeasj-865	97	20	the	the	DET
aeasj-865	97	21	debt	debt	NOUN
aeasj-865	97	22	ratio	ratio	NOUN
aeasj-865	97	23	was	be	AUX
aeasj-865	97	24	relatively	relatively	ADV
aeasj-865	97	25	high	high	ADJ
aeasj-865	97	26	.	.	PUNCT
aeasj-865	98	1	table	table	NOUN
aeasj-865	98	2	1	1	NUM
aeasj-865	98	3	presents	present	VERB
aeasj-865	98	4	the	the	DET
aeasj-865	98	5	estimated	estimate	VERB
aeasj-865	98	6	regression	regression	NOUN
aeasj-865	98	7	and	and	CCONJ
aeasj-865	98	8	related	related	ADJ
aeasj-865	98	9	statistics	statistic	NOUN
aeasj-865	98	10	.	.	PUNCT
aeasj-865	99	1	the	the	DET
aeasj-865	99	2	garch	garch	NOUN
aeasj-865	99	3	process	process	NOUN
aeasj-865	99	4	is	be	AUX
aeasj-865	99	5	employed	employ	VERB
aeasj-865	99	6	in	in	ADP
aeasj-865	99	7	empirical	empirical	ADJ
aeasj-865	99	8	work	work	NOUN
aeasj-865	99	9	to	to	PART
aeasj-865	99	10	correct	correct	VERB
aeasj-865	99	11	for	for	ADP
aeasj-865	99	12	autoregressive	autoregressive	ADJ
aeasj-865	99	13	conditional	conditional	ADJ
aeasj-865	99	14	heteroskedasticity	heteroskedasticity	NOUN
aeasj-865	99	15	.	.	PUNCT
aeasj-865	100	1	approximately	approximately	ADV
aeasj-865	100	2	58.60	58.60	NUM
aeasj-865	100	3	%	%	NOUN
aeasj-865	100	4	of	of	ADP
aeasj-865	100	5	the	the	DET
aeasj-865	100	6	variation	variation	NOUN
aeasj-865	100	7	in	in	ADP
aeasj-865	100	8	the	the	DET
aeasj-865	100	9	growth	growth	NOUN
aeasj-865	100	10	rate	rate	NOUN
aeasj-865	100	11	of	of	ADP
aeasj-865	100	12	real	real	ADJ
aeasj-865	100	13	gdp	gdp	NOUN
aeasj-865	100	14	in	in	ADP
aeasj-865	100	15	italy	italy	PROPN
aeasj-865	100	16	can	can	AUX
aeasj-865	100	17	be	be	AUX
aeasj-865	100	18	explained	explain	VERB
aeasj-865	100	19	by	by	ADP
aeasj-865	100	20	the	the	DET
aeasj-865	100	21	five	five	NUM
aeasj-865	100	22	independent	independent	ADJ
aeasj-865	100	23	variables	variable	NOUN
aeasj-865	100	24	.	.	PUNCT
aeasj-865	101	1	these	these	DET
aeasj-865	101	2	five	five	NUM
aeasj-865	101	3	explanatory	explanatory	ADJ
aeasj-865	101	4	variables	variable	NOUN
aeasj-865	101	5	have	have	VERB
aeasj-865	101	6	the	the	DET
aeasj-865	101	7	expected	expect	VERB
aeasj-865	101	8	sign	sign	NOUN
aeasj-865	101	9	and	and	CCONJ
aeasj-865	101	10	are	be	AUX
aeasj-865	101	11	significant	significant	ADJ
aeasj-865	101	12	at	at	ADP
aeasj-865	101	13	the	the	DET
aeasj-865	101	14	1	1	NUM
aeasj-865	101	15	%	%	NOUN
aeasj-865	101	16	or	or	CCONJ
aeasj-865	101	17	10	10	NUM
aeasj-865	101	18	%	%	NOUN
aeasj-865	101	19	level	level	NOUN
aeasj-865	101	20	.	.	PUNCT
aeasj-865	102	1	the	the	DET
aeasj-865	102	2	growth	growth	NOUN
aeasj-865	102	3	rate	rate	NOUN
aeasj-865	102	4	of	of	ADP
aeasj-865	102	5	real	real	ADJ
aeasj-865	102	6	gdp	gdp	NOUN
aeasj-865	102	7	in	in	ADP
aeasj-865	102	8	italy	italy	PROPN
aeasj-865	102	9	is	be	AUX
aeasj-865	102	10	positively	positively	ADV
aeasj-865	102	11	affected	affect	VERB
aeasj-865	102	12	by	by	ADP
aeasj-865	102	13	the	the	DET
aeasj-865	102	14	growth	growth	NOUN
aeasj-865	102	15	rate	rate	NOUN
aeasj-865	102	16	of	of	ADP
aeasj-865	102	17	labor	labor	NOUN
aeasj-865	102	18	,	,	PUNCT
aeasj-865	102	19	the	the	DET
aeasj-865	102	20	investment	investment	NOUN
aeasj-865	102	21	/	/	SYM
aeasj-865	102	22	gdp	gdp	NOUN
aeasj-865	102	23	ratio	ratio	NOUN
aeasj-865	102	24	,	,	PUNCT
aeasj-865	102	25	and	and	CCONJ
aeasj-865	102	26	the	the	DET
aeasj-865	102	27	central	central	ADJ
aeasj-865	102	28	government	government	NOUN
aeasj-865	102	29	debt	debt	NOUN
aeasj-865	102	30	ratio	ratio	NOUN
aeasj-865	102	31	and	and	CCONJ
aeasj-865	102	32	negatively	negatively	ADV
aeasj-865	102	33	affected	affect	VERB
aeasj-865	102	34	by	by	ADP
aeasj-865	102	35	the	the	DET
aeasj-865	102	36	central	central	ADJ
aeasj-865	102	37	government	government	NOUN
aeasj-865	102	38	debt	debt	NOUN
aeasj-865	102	39	ratio	ratio	NOUN
aeasj-865	102	40	squared	square	VERB
aeasj-865	102	41	and	and	CCONJ
aeasj-865	102	42	the	the	DET
aeasj-865	102	43	binary	binary	ADJ
aeasj-865	102	44	variable	variable	NOUN
aeasj-865	102	45	for	for	ADP
aeasj-865	102	46	years	year	NOUN
aeasj-865	102	47	2008	2008	NUM
aeasj-865	102	48	and	and	CCONJ
aeasj-865	102	49	2009	2009	NUM
aeasj-865	102	50	.	.	PUNCT
aeasj-865	103	1	https://www.cribfb.com/journal/index.php/aesr	https://www.cribfb.com/journal/index.php/aesr	PROPN
aeasj-865	103	2	american	american	PROPN
aeasj-865	103	3	economic	economic	PROPN
aeasj-865	103	4	&	&	CCONJ
aeasj-865	103	5	social	social	PROPN
aeasj-865	103	6	review	review	PROPN
aeasj-865	103	7	vol	vol	NOUN
aeasj-865	103	8	.	.	PROPN
aeasj-865	104	1	6	6	NUM
aeasj-865	104	2	,	,	PUNCT
aeasj-865	104	3	no	no	INTJ
aeasj-865	104	4	.	.	NOUN
aeasj-865	104	5	2	2	NUM
aeasj-865	104	6	;	;	PUNCT
aeasj-865	104	7	2020	2020	NUM
aeasj-865	104	8	35	35	NUM
aeasj-865	104	9	a	a	DET
aeasj-865	104	10	1	1	NUM
aeasj-865	104	11	percentage	percentage	NOUN
aeasj-865	104	12	point	point	NOUN
aeasj-865	104	13	increase	increase	NOUN
aeasj-865	104	14	in	in	ADP
aeasj-865	104	15	labor	labor	NOUN
aeasj-865	104	16	would	would	AUX
aeasj-865	104	17	result	result	VERB
aeasj-865	104	18	in	in	ADP
aeasj-865	104	19	an	an	DET
aeasj-865	104	20	increase	increase	NOUN
aeasj-865	104	21	in	in	ADP
aeasj-865	104	22	the	the	DET
aeasj-865	104	23	growth	growth	NOUN
aeasj-865	104	24	rate	rate	NOUN
aeasj-865	104	25	by	by	ADP
aeasj-865	104	26	0.5031	0.5031	NUM
aeasj-865	104	27	percentage	percentage	NOUN
aeasj-865	104	28	points	point	NOUN
aeasj-865	104	29	.	.	PUNCT
aeasj-865	105	1	if	if	SCONJ
aeasj-865	105	2	the	the	DET
aeasj-865	105	3	investment	investment	NOUN
aeasj-865	105	4	-	-	PUNCT
aeasj-865	105	5	gdp	gdp	NOUN
aeasj-865	105	6	ratio	ratio	NOUN
aeasj-865	105	7	rises	rise	VERB
aeasj-865	105	8	1	1	NUM
aeasj-865	105	9	percentage	percentage	NOUN
aeasj-865	105	10	point	point	NOUN
aeasj-865	105	11	,	,	PUNCT
aeasj-865	105	12	the	the	DET
aeasj-865	105	13	growth	growth	NOUN
aeasj-865	105	14	rate	rate	NOUN
aeasj-865	105	15	would	would	AUX
aeasj-865	105	16	increase	increase	VERB
aeasj-865	105	17	by	by	ADP
aeasj-865	105	18	0.3388	0.3388	NUM
aeasj-865	105	19	percentage	percentage	NOUN
aeasj-865	105	20	points	point	NOUN
aeasj-865	105	21	.	.	PUNCT
aeasj-865	106	1	the	the	DET
aeasj-865	106	2	quadratic	quadratic	ADJ
aeasj-865	106	3	relationship	relationship	NOUN
aeasj-865	106	4	between	between	ADP
aeasj-865	106	5	the	the	DET
aeasj-865	106	6	growth	growth	NOUN
aeasj-865	106	7	rate	rate	NOUN
aeasj-865	106	8	and	and	CCONJ
aeasj-865	106	9	the	the	DET
aeasj-865	106	10	central	central	ADJ
aeasj-865	106	11	government	government	NOUN
aeasj-865	106	12	debt	debt	NOUN
aeasj-865	106	13	ratio	ratio	NOUN
aeasj-865	106	14	indicates	indicate	VERB
aeasj-865	106	15	that	that	SCONJ
aeasj-865	106	16	the	the	DET
aeasj-865	106	17	critical	critical	ADJ
aeasj-865	106	18	value	value	NOUN
aeasj-865	106	19	of	of	ADP
aeasj-865	106	20	the	the	DET
aeasj-865	106	21	central	central	ADJ
aeasj-865	106	22	government	government	NOUN
aeasj-865	106	23	debt	debt	NOUN
aeasj-865	106	24	ratio	ratio	NOUN
aeasj-865	106	25	corresponding	correspond	VERB
aeasj-865	106	26	to	to	ADP
aeasj-865	106	27	the	the	DET
aeasj-865	106	28	turning	turning	NOUN
aeasj-865	106	29	point	point	NOUN
aeasj-865	106	30	is	be	AUX
aeasj-865	106	31	estimated	estimate	VERB
aeasj-865	106	32	to	to	PART
aeasj-865	106	33	be	be	AUX
aeasj-865	106	34	104.997	104.997	NUM
aeasj-865	106	35	%	%	NOUN
aeasj-865	106	36	.	.	PUNCT
aeasj-865	107	1	during	during	ADP
aeasj-865	107	2	2008	2008	NUM
aeasj-865	107	3	-	-	SYM
aeasj-865	107	4	2009	2009	NUM
aeasj-865	107	5	,	,	PUNCT
aeasj-865	107	6	growth	growth	NOUN
aeasj-865	107	7	rates	rate	NOUN
aeasj-865	107	8	of	of	ADP
aeasj-865	107	9	real	real	ADJ
aeasj-865	107	10	gdp	gdp	NOUN
aeasj-865	107	11	in	in	ADP
aeasj-865	107	12	italy	italy	PROPN
aeasj-865	107	13	declined	decline	VERB
aeasj-865	107	14	by	by	ADP
aeasj-865	107	15	5.5745	5.5745	NUM
aeasj-865	107	16	percentage	percentage	NOUN
aeasj-865	107	17	points	point	NOUN
aeasj-865	107	18	.	.	PUNCT
aeasj-865	108	1	figure	figure	NOUN
aeasj-865	108	2	1	1	NUM
aeasj-865	108	3	.	.	PUNCT
aeasj-865	108	4	growth	growth	NOUN
aeasj-865	108	5	rates	rate	NOUN
aeasj-865	108	6	of	of	ADP
aeasj-865	108	7	real	real	ADJ
aeasj-865	108	8	gdp	gdp	NOUN
aeasj-865	108	9	over	over	ADP
aeasj-865	108	10	time	time	NOUN
aeasj-865	108	11	figure	figure	NOUN
aeasj-865	108	12	2	2	NUM
aeasj-865	108	13	.	.	PUNCT
aeasj-865	109	1	the	the	DET
aeasj-865	109	2	government	government	NOUN
aeasj-865	109	3	debt	debt	NOUN
aeasj-865	109	4	ratio	ratio	NOUN
aeasj-865	109	5	over	over	ADP
aeasj-865	109	6	time	time	NOUN
aeasj-865	110	1	-6	-6	INTJ
aeasj-865	110	2	-4	-4	INTJ
aeasj-865	111	1	-2	-2	NOUN
aeasj-865	111	2	0	0	NUM
aeasj-865	111	3	2	2	NUM
aeasj-865	111	4	4	4	NUM
aeasj-865	111	5	6	6	NUM
aeasj-865	111	6	1985	1985	NUM
aeasj-865	111	7	1990	1990	NUM
aeasj-865	111	8	1995	1995	NUM
aeasj-865	111	9	2000	2000	NUM
aeasj-865	111	10	2005	2005	NUM
aeasj-865	111	11	2010	2010	NUM
aeasj-865	111	12	2015	2015	NUM
aeasj-865	111	13	growth_rategrowth_rate	growth_rategrowth_rate	NOUN
aeasj-865	111	14	50	50	NUM
aeasj-865	111	15	60	60	NUM
aeasj-865	111	16	70	70	NUM
aeasj-865	111	17	80	80	NUM
aeasj-865	111	18	90	90	NUM
aeasj-865	111	19	100	100	NUM
aeasj-865	111	20	110	110	NUM
aeasj-865	111	21	120	120	NUM
aeasj-865	111	22	130	130	NUM
aeasj-865	111	23	140	140	NUM
aeasj-865	111	24	1985	1985	NUM
aeasj-865	111	25	1990	1990	NUM
aeasj-865	111	26	1995	1995	NUM
aeasj-865	111	27	2000	2000	NUM
aeasj-865	111	28	2005	2005	NUM
aeasj-865	111	29	2010	2010	NUM
aeasj-865	111	30	2015	2015	NUM
aeasj-865	111	31	debt_ratiodebt_ratio	debt_ratiodebt_ratio	NOUN
aeasj-865	112	1	https://www.cribfb.com/journal/index.php/aesr	https://www.cribfb.com/journal/index.php/aesr	PROPN
aeasj-865	112	2	american	american	PROPN
aeasj-865	112	3	economic	economic	PROPN
aeasj-865	112	4	&	&	CCONJ
aeasj-865	112	5	social	social	PROPN
aeasj-865	112	6	review	review	PROPN
aeasj-865	112	7	vol	vol	NOUN
aeasj-865	112	8	.	.	PROPN
aeasj-865	113	1	6	6	NUM
aeasj-865	113	2	,	,	PUNCT
aeasj-865	113	3	no	no	INTJ
aeasj-865	113	4	.	.	NOUN
aeasj-865	113	5	2	2	NUM
aeasj-865	113	6	;	;	PUNCT
aeasj-865	113	7	2020	2020	NUM
aeasj-865	113	8	36	36	NUM
aeasj-865	113	9	figure	figure	NOUN
aeasj-865	113	10	3	3	NUM
aeasj-865	113	11	.	.	PUNCT
aeasj-865	113	12	scatter	scatter	NOUN
aeasj-865	113	13	diagram	diagram	NOUN
aeasj-865	113	14	between	between	ADP
aeasj-865	113	15	the	the	DET
aeasj-865	113	16	debt	debt	NOUN
aeasj-865	113	17	ratio	ratio	NOUN
aeasj-865	113	18	and	and	CCONJ
aeasj-865	113	19	the	the	DET
aeasj-865	113	20	growth	growth	NOUN
aeasj-865	113	21	rate	rate	NOUN
aeasj-865	113	22	of	of	ADP
aeasj-865	113	23	real	real	ADJ
aeasj-865	113	24	gdp	gdp	NOUN
aeasj-865	113	25	table	table	NOUN
aeasj-865	113	26	1	1	NUM
aeasj-865	113	27	.	.	PUNCT
aeasj-865	113	28	estimated	estimate	VERB
aeasj-865	113	29	regression	regression	NOUN
aeasj-865	113	30	for	for	ADP
aeasj-865	113	31	the	the	DET
aeasj-865	113	32	growth	growth	NOUN
aeasj-865	113	33	rate	rate	NOUN
aeasj-865	113	34	of	of	ADP
aeasj-865	113	35	real	real	ADJ
aeasj-865	113	36	gdp	gdp	NOUN
aeasj-865	113	37	in	in	ADP
aeasj-865	113	38	italy	italy	PROPN
aeasj-865	114	1	variable	variable	PROPN
aeasj-865	114	2	coefficient	coefficient	NOUN
aeasj-865	114	3	probability	probability	NOUN
aeasj-865	114	4	intercept	intercept	NOUN
aeasj-865	114	5	-83.2978	-83.2978	NUM
aeasj-865	114	6	0.0000	0.0000	NUM
aeasj-865	114	7	the	the	DET
aeasj-865	114	8	growth	growth	NOUN
aeasj-865	114	9	rate	rate	NOUN
aeasj-865	114	10	of	of	ADP
aeasj-865	114	11	labor	labor	NOUN
aeasj-865	114	12	0.5031	0.5031	NUM
aeasj-865	114	13	0.0010	0.0010	NUM
aeasj-865	114	14	investment	investment	NOUN
aeasj-865	114	15	/	/	SYM
aeasj-865	114	16	gdp	gdp	NOUN
aeasj-865	114	17	ratio	ratio	NOUN
aeasj-865	114	18	0.3388	0.3388	NUM
aeasj-865	114	19	0.0735	0.0735	NUM
aeasj-865	114	20	central	central	ADJ
aeasj-865	114	21	government	government	NOUN
aeasj-865	114	22	debt	debt	NOUN
aeasj-865	114	23	ratio	ratio	NOUN
aeasj-865	114	24	33.4988	33.4988	NUM
aeasj-865	114	25	0.0001	0.0001	NUM
aeasj-865	114	26	central	central	ADJ
aeasj-865	114	27	government	government	NOUN
aeasj-865	114	28	debt	debt	NOUN
aeasj-865	114	29	ratio	ratio	NOUN
aeasj-865	114	30	squared	square	VERB
aeasj-865	114	31	-3.5990	-3.5990	PUNCT
aeasj-865	115	1	0.0002	0.0002	NUM
aeasj-865	115	2	binary	binary	ADJ
aeasj-865	115	3	variable	variable	ADJ
aeasj-865	115	4	-5.5745	-5.5745	NOUN
aeasj-865	115	5	0.0000	0.0000	NUM
aeasj-865	115	6	r	r	NOUN
aeasj-865	115	7	squared	square	VERB
aeasj-865	115	8	0.5860	0.5860	NUM
aeasj-865	115	9	sample	sample	NOUN
aeasj-865	115	10	period	period	NOUN
aeasj-865	115	11	1981	1981	NUM
aeasj-865	115	12	-	-	SYM
aeasj-865	115	13	2019	2019	NUM
aeasj-865	115	14	number	number	NOUN
aeasj-865	115	15	of	of	ADP
aeasj-865	115	16	observations	observation	NOUN
aeasj-865	115	17	39	39	NUM
aeasj-865	115	18	methodology	methodology	NOUN
aeasj-865	115	19	garch	garch	NOUN
aeasj-865	115	20	notes	note	VERB
aeasj-865	115	21	:	:	PUNCT
aeasj-865	115	22	the	the	DET
aeasj-865	115	23	binary	binary	ADJ
aeasj-865	115	24	variable	variable	NOUN
aeasj-865	115	25	equals	equal	VERB
aeasj-865	115	26	1	1	NUM
aeasj-865	115	27	during	during	ADP
aeasj-865	115	28	2008	2008	NUM
aeasj-865	115	29	-	-	SYM
aeasj-865	115	30	2009	2009	NUM
aeasj-865	115	31	and	and	CCONJ
aeasj-865	115	32	0	0	NUM
aeasj-865	115	33	otherwise	otherwise	ADV
aeasj-865	115	34	.	.	PUNCT
aeasj-865	116	1	to	to	PART
aeasj-865	116	2	sum	sum	VERB
aeasj-865	116	3	up	up	ADP
aeasj-865	116	4	,	,	PUNCT
aeasj-865	116	5	the	the	DET
aeasj-865	116	6	results	result	NOUN
aeasj-865	116	7	in	in	ADP
aeasj-865	116	8	this	this	DET
aeasj-865	116	9	paper	paper	NOUN
aeasj-865	116	10	show	show	NOUN
aeasj-865	116	11	that	that	SCONJ
aeasj-865	116	12	the	the	DET
aeasj-865	116	13	growth	growth	NOUN
aeasj-865	116	14	rate	rate	NOUN
aeasj-865	116	15	of	of	ADP
aeasj-865	116	16	real	real	ADJ
aeasj-865	116	17	gdp	gdp	NOUN
aeasj-865	116	18	has	have	VERB
aeasj-865	116	19	a	a	DET
aeasj-865	116	20	positive	positive	ADJ
aeasj-865	116	21	relationship	relationship	NOUN
aeasj-865	116	22	with	with	ADP
aeasj-865	116	23	the	the	DET
aeasj-865	116	24	growth	growth	NOUN
aeasj-865	116	25	rate	rate	NOUN
aeasj-865	116	26	of	of	ADP
aeasj-865	116	27	labor	labor	NOUN
aeasj-865	116	28	,	,	PUNCT
aeasj-865	116	29	the	the	DET
aeasj-865	116	30	investment	investment	NOUN
aeasj-865	116	31	/	/	SYM
aeasj-865	116	32	gdp	gdp	NOUN
aeasj-865	116	33	ratio	ratio	NOUN
aeasj-865	116	34	and	and	CCONJ
aeasj-865	116	35	a	a	DET
aeasj-865	116	36	negative	negative	ADJ
aeasj-865	116	37	relationship	relationship	NOUN
aeasj-865	116	38	with	with	ADP
aeasj-865	116	39	the	the	DET
aeasj-865	116	40	binary	binary	ADJ
aeasj-865	116	41	variable	variable	NOUN
aeasj-865	116	42	during	during	ADP
aeasj-865	116	43	the	the	DET
aeasj-865	116	44	global	global	ADJ
aeasj-865	116	45	financial	financial	ADJ
aeasj-865	116	46	crisis	crisis	NOUN
aeasj-865	116	47	during	during	ADP
aeasj-865	116	48	2008	2008	NUM
aeasj-865	116	49	-	-	SYM
aeasj-865	116	50	2009	2009	NUM
aeasj-865	116	51	.	.	PUNCT
aeasj-865	117	1	the	the	DET
aeasj-865	117	2	growth	growth	NOUN
aeasj-865	117	3	rate	rate	NOUN
aeasj-865	117	4	and	and	CCONJ
aeasj-865	117	5	the	the	DET
aeasj-865	117	6	debt	debt	NOUN
aeasj-865	117	7	ratio	ratio	NOUN
aeasj-865	117	8	exhibit	exhibit	VERB
aeasj-865	117	9	a	a	DET
aeasj-865	117	10	quadratic	quadratic	ADJ
aeasj-865	117	11	relationship	relationship	NOUN
aeasj-865	117	12	with	with	ADP
aeasj-865	117	13	a	a	DET
aeasj-865	117	14	threshold	threshold	NOUN
aeasj-865	117	15	or	or	CCONJ
aeasj-865	117	16	turning	turn	VERB
aeasj-865	117	17	point	point	NOUN
aeasj-865	117	18	at	at	ADP
aeasj-865	117	19	105.00	105.00	NUM
aeasj-865	117	20	%	%	NOUN
aeasj-865	117	21	.	.	PUNCT
aeasj-865	118	1	in	in	ADP
aeasj-865	118	2	comparison	comparison	NOUN
aeasj-865	118	3	,	,	PUNCT
aeasj-865	118	4	the	the	DET
aeasj-865	118	5	finding	finding	NOUN
aeasj-865	118	6	of	of	ADP
aeasj-865	118	7	a	a	DET
aeasj-865	118	8	threshold	threshold	NOUN
aeasj-865	118	9	or	or	CCONJ
aeasj-865	118	10	turning	turning	NOUN
aeasj-865	118	11	point	point	NOUN
aeasj-865	118	12	of	of	ADP
aeasj-865	118	13	105.00	105.00	NUM
aeasj-865	118	14	%	%	NOUN
aeasj-865	118	15	in	in	ADP
aeasj-865	118	16	this	this	DET
aeasj-865	118	17	study	study	NOUN
aeasj-865	118	18	is	be	AUX
aeasj-865	118	19	less	less	ADJ
aeasj-865	118	20	than	than	ADP
aeasj-865	118	21	the	the	DET
aeasj-865	118	22	115	115	NUM
aeasj-865	118	23	%	%	NOUN
aeasj-865	118	24	threshold	threshold	NOUN
aeasj-865	118	25	estimated	estimate	VERB
aeasj-865	118	26	by	by	ADP
aeasj-865	118	27	minea	minea	NOUN
aeasj-865	118	28	and	and	CCONJ
aeasj-865	118	29	parent	parent	NOUN
aeasj-865	118	30	(	(	PUNCT
aeasj-865	118	31	2012	2012	NUM
aeasj-865	118	32	)	)	PUNCT
aeasj-865	118	33	but	but	CCONJ
aeasj-865	118	34	greater	great	ADJ
aeasj-865	118	35	than	than	ADP
aeasj-865	118	36	the	the	DET
aeasj-865	118	37	90	90	NUM
aeasj-865	118	38	%	%	NOUN
aeasj-865	118	39	threshold	threshold	NOUN
aeasj-865	118	40	proposed	propose	VERB
aeasj-865	118	41	by	by	ADP
aeasj-865	118	42	reinhart	reinhart	NOUN
aeasj-865	118	43	and	and	CCONJ
aeasj-865	118	44	rogoff	rogoff	NOUN
aeasj-865	118	45	(	(	PUNCT
aeasj-865	118	46	2010a	2010a	NUM
aeasj-865	118	47	,	,	PUNCT
aeasj-865	118	48	2010b	2010b	NUM
aeasj-865	118	49	)	)	PUNCT
aeasj-865	118	50	and	and	CCONJ
aeasj-865	118	51	other	other	ADJ
aeasj-865	118	52	findings	finding	NOUN
aeasj-865	118	53	(	(	PUNCT
aeasj-865	118	54	égert	égert	PROPN
aeasj-865	118	55	,	,	PUNCT
aeasj-865	118	56	2015a	2015a	NUM
aeasj-865	118	57	,	,	PUNCT
aeasj-865	118	58	2015b	2015b	NUM
aeasj-865	118	59	;	;	PUNCT
aeasj-865	118	60	lee	lee	PROPN
aeasj-865	118	61	,	,	PUNCT
aeasj-865	118	62	park	park	NOUN
aeasj-865	118	63	,	,	PUNCT
aeasj-865	118	64	seo	seo	NOUN
aeasj-865	118	65	and	and	CCONJ
aeasj-865	118	66	shin	shin	NOUN
aeasj-865	118	67	,	,	PUNCT
aeasj-865	118	68	2017	2017	NUM
aeasj-865	118	69	;	;	PUNCT
aeasj-865	118	70	cecchetti	cecchetti	NOUN
aeasj-865	118	71	,	,	PUNCT
aeasj-865	118	72	mohanty	mohanty	NOUN
aeasj-865	118	73	,	,	PUNCT
aeasj-865	118	74	and	and	CCONJ
aeasj-865	118	75	zampolli	zampolli	PROPN
aeasj-865	118	76	,	,	PUNCT
aeasj-865	118	77	2011	2011	NUM
aeasj-865	118	78	;	;	PUNCT
aeasj-865	118	79	checheritawestphal	checheritawestphal	NOUN
aeasj-865	118	80	and	and	CCONJ
aeasj-865	118	81	rother	rother	PROPN
aeasj-865	118	82	,	,	PUNCT
aeasj-865	118	83	2012	2012	NUM
aeasj-865	118	84	;	;	PUNCT
aeasj-865	118	85	baum	baum	PROPN
aeasj-865	118	86	,	,	PUNCT
aeasj-865	118	87	checherita	checherita	NOUN
aeasj-865	118	88	-	-	PUNCT
aeasj-865	118	89	westphal	westphal	PROPN
aeasj-865	118	90	and	and	CCONJ
aeasj-865	118	91	rother	rother	PROPN
aeasj-865	118	92	,	,	PUNCT
aeasj-865	118	93	2013	2013	NUM
aeasj-865	118	94	;	;	PUNCT
aeasj-865	118	95	afonso	afonso	PROPN
aeasj-865	118	96	and	and	CCONJ
aeasj-865	118	97	jalles	jalle	NOUN
aeasj-865	118	98	,	,	PUNCT
aeasj-865	118	99	2013	2013	NUM
aeasj-865	118	100	;	;	PUNCT
aeasj-865	118	101	chirwa	chirwa	NOUN
aeasj-865	118	102	,	,	PUNCT
aeasj-865	118	103	2017	2017	NUM
aeasj-865	118	104	)	)	PUNCT
aeasj-865	118	105	.	.	PUNCT
aeasj-865	119	1	the	the	DET
aeasj-865	119	2	result	result	NOUN
aeasj-865	119	3	in	in	ADP
aeasj-865	119	4	this	this	DET
aeasj-865	119	5	study	study	NOUN
aeasj-865	119	6	is	be	AUX
aeasj-865	119	7	in	in	ADP
aeasj-865	119	8	contrast	contrast	NOUN
aeasj-865	119	9	with	with	ADP
aeasj-865	119	10	the	the	DET
aeasj-865	119	11	results	result	NOUN
aeasj-865	119	12	reported	report	VERB
aeasj-865	119	13	by	by	ADP
aeasj-865	119	14	wu	wu	PROPN
aeasj-865	120	1	and	and	CCONJ
aeasj-865	121	1	-6	-6	INTJ
aeasj-865	121	2	-4	-4	INTJ
aeasj-865	122	1	-2	-2	INTJ
aeasj-865	122	2	0	0	NUM
aeasj-865	122	3	2	2	NUM
aeasj-865	122	4	4	4	NUM
aeasj-865	122	5	6	6	NUM
aeasj-865	122	6	50	50	NUM
aeasj-865	122	7	60	60	NUM
aeasj-865	122	8	70	70	NUM
aeasj-865	122	9	80	80	NUM
aeasj-865	122	10	90	90	NUM
aeasj-865	122	11	100	100	NUM
aeasj-865	122	12	110	110	NUM
aeasj-865	122	13	120	120	NUM
aeasj-865	122	14	130	130	NUM
aeasj-865	122	15	140	140	NUM
aeasj-865	122	16	debt_ratio	debt_ratio	NOUN
aeasj-865	122	17	g	g	NOUN
aeasj-865	122	18	ro	ro	PROPN
aeasj-865	122	19	w	w	X
aeasj-865	122	20	th	th	X
aeasj-865	122	21	_	_	PUNCT
aeasj-865	122	22	r	r	NOUN
aeasj-865	122	23	at	at	ADP
aeasj-865	122	24	e	e	NOUN
aeasj-865	122	25	debt_ratio	debt_ratio	VERB
aeasj-865	122	26	g	g	PROPN
aeasj-865	122	27	ro	ro	PROPN
aeasj-865	122	28	w	w	X
aeasj-865	122	29	th	th	X
aeasj-865	122	30	_	_	PUNCT
aeasj-865	122	31	r	r	NOUN
aeasj-865	122	32	at	at	ADP
aeasj-865	122	33	e	e	NOUN
aeasj-865	122	34	https://www.cribfb.com/journal/index.php/aesr	https://www.cribfb.com/journal/index.php/aesr	PROPN
aeasj-865	122	35	american	american	PROPN
aeasj-865	122	36	economic	economic	PROPN
aeasj-865	122	37	&	&	CCONJ
aeasj-865	122	38	social	social	PROPN
aeasj-865	122	39	review	review	PROPN
aeasj-865	122	40	vol	vol	NOUN
aeasj-865	122	41	.	.	PROPN
aeasj-865	123	1	6	6	NUM
aeasj-865	123	2	,	,	PUNCT
aeasj-865	123	3	no	no	INTJ
aeasj-865	123	4	.	.	NOUN
aeasj-865	123	5	2	2	NUM
aeasj-865	123	6	;	;	PUNCT
aeasj-865	123	7	2020	2020	NUM
aeasj-865	123	8	37	37	NUM
aeasj-865	123	9	kumar	kumar	PROPN
aeasj-865	123	10	(	(	PUNCT
aeasj-865	123	11	2015	2015	NUM
aeasj-865	123	12	)	)	PUNCT
aeasj-865	123	13	and	and	CCONJ
aeasj-865	123	14	swamy	swamy	PROPN
aeasj-865	123	15	(	(	PUNCT
aeasj-865	123	16	2020	2020	NUM
aeasj-865	123	17	)	)	PUNCT
aeasj-865	123	18	,	,	PUNCT
aeasj-865	123	19	which	which	PRON
aeasj-865	123	20	show	show	VERB
aeasj-865	123	21	that	that	SCONJ
aeasj-865	123	22	a	a	DET
aeasj-865	123	23	higher	high	ADJ
aeasj-865	123	24	government	government	NOUN
aeasj-865	123	25	debt	debt	NOUN
aeasj-865	123	26	ratio	ratio	NOUN
aeasj-865	123	27	hurts	hurt	VERB
aeasj-865	123	28	the	the	DET
aeasj-865	123	29	growth	growth	NOUN
aeasj-865	123	30	rate	rate	NOUN
aeasj-865	123	31	.	.	PUNCT
aeasj-865	124	1	summary	summary	NOUN
aeasj-865	124	2	and	and	CCONJ
aeasj-865	124	3	conclusions	conclusion	NOUN
aeasj-865	124	4	this	this	DET
aeasj-865	124	5	paper	paper	NOUN
aeasj-865	124	6	has	have	AUX
aeasj-865	124	7	applied	apply	VERB
aeasj-865	124	8	an	an	DET
aeasj-865	124	9	extended	extended	ADJ
aeasj-865	124	10	production	production	NOUN
aeasj-865	124	11	function	function	NOUN
aeasj-865	124	12	to	to	PART
aeasj-865	124	13	examine	examine	VERB
aeasj-865	124	14	the	the	DET
aeasj-865	124	15	relationship	relationship	NOUN
aeasj-865	124	16	between	between	ADP
aeasj-865	124	17	the	the	DET
aeasj-865	124	18	central	central	ADJ
aeasj-865	124	19	government	government	NOUN
aeasj-865	124	20	debt	debt	NOUN
aeasj-865	124	21	ratio	ratio	NOUN
aeasj-865	124	22	and	and	CCONJ
aeasj-865	124	23	the	the	DET
aeasj-865	124	24	growth	growth	NOUN
aeasj-865	124	25	rate	rate	NOUN
aeasj-865	124	26	of	of	ADP
aeasj-865	124	27	real	real	ADJ
aeasj-865	124	28	gdp	gdp	NOUN
aeasj-865	124	29	in	in	ADP
aeasj-865	124	30	italy	italy	PROPN
aeasj-865	124	31	.	.	PUNCT
aeasj-865	125	1	reinhart	reinhart	NOUN
aeasj-865	125	2	-	-	PUNCT
aeasj-865	125	3	rogoff	rogoff	NOUN
aeasj-865	125	4	(	(	PUNCT
aeasj-865	125	5	2010a	2010a	NUM
aeasj-865	125	6	,	,	PUNCT
aeasj-865	125	7	2010b	2010b	NUM
aeasj-865	125	8	)	)	PUNCT
aeasj-865	125	9	suggests	suggest	VERB
aeasj-865	125	10	that	that	SCONJ
aeasj-865	125	11	when	when	SCONJ
aeasj-865	125	12	the	the	DET
aeasj-865	125	13	debt	debt	NOUN
aeasj-865	125	14	ratio	ratio	NOUN
aeasj-865	125	15	is	be	AUX
aeasj-865	125	16	greater	great	ADJ
aeasj-865	125	17	than	than	ADP
aeasj-865	125	18	90	90	NUM
aeasj-865	125	19	%	%	NOUN
aeasj-865	125	20	of	of	ADP
aeasj-865	125	21	gdp	gdp	NOUN
aeasj-865	125	22	,	,	PUNCT
aeasj-865	125	23	a	a	DET
aeasj-865	125	24	further	further	ADJ
aeasj-865	125	25	increase	increase	NOUN
aeasj-865	125	26	in	in	ADP
aeasj-865	125	27	the	the	DET
aeasj-865	125	28	debt	debt	NOUN
aeasj-865	125	29	ratio	ratio	NOUN
aeasj-865	125	30	would	would	AUX
aeasj-865	125	31	slow	slow	VERB
aeasj-865	125	32	down	down	ADP
aeasj-865	125	33	the	the	DET
aeasj-865	125	34	growth	growth	NOUN
aeasj-865	125	35	rate	rate	NOUN
aeasj-865	125	36	.	.	PUNCT
aeasj-865	126	1	the	the	DET
aeasj-865	126	2	main	main	ADJ
aeasj-865	126	3	focus	focus	NOUN
aeasj-865	126	4	is	be	AUX
aeasj-865	126	5	to	to	PART
aeasj-865	126	6	test	test	VERB
aeasj-865	126	7	whether	whether	SCONJ
aeasj-865	126	8	the	the	DET
aeasj-865	126	9	reinhartrogoff	reinhartrogoff	ADJ
aeasj-865	126	10	hypothesis	hypothesis	NOUN
aeasj-865	126	11	may	may	AUX
aeasj-865	126	12	apply	apply	VERB
aeasj-865	126	13	to	to	ADP
aeasj-865	126	14	italy	italy	PROPN
aeasj-865	126	15	.	.	PUNCT
aeasj-865	127	1	results	result	NOUN
aeasj-865	127	2	show	show	VERB
aeasj-865	127	3	that	that	SCONJ
aeasj-865	127	4	their	their	PRON
aeasj-865	127	5	relationship	relationship	NOUN
aeasj-865	127	6	is	be	AUX
aeasj-865	127	7	nonlinear	nonlinear	ADJ
aeasj-865	127	8	and	and	CCONJ
aeasj-865	127	9	that	that	SCONJ
aeasj-865	127	10	there	there	PRON
aeasj-865	127	11	is	be	VERB
aeasj-865	127	12	a	a	DET
aeasj-865	127	13	turning	turning	NOUN
aeasj-865	127	14	point	point	NOUN
aeasj-865	127	15	or	or	CCONJ
aeasj-865	127	16	threshold	threshold	NOUN
aeasj-865	127	17	estimated	estimate	VERB
aeasj-865	127	18	to	to	PART
aeasj-865	127	19	be	be	AUX
aeasj-865	127	20	105.00	105.00	NUM
aeasj-865	127	21	%	%	NOUN
aeasj-865	127	22	.	.	PUNCT
aeasj-865	128	1	when	when	SCONJ
aeasj-865	128	2	the	the	DET
aeasj-865	128	3	debt	debt	NOUN
aeasj-865	128	4	ratio	ratio	NOUN
aeasj-865	128	5	increases	increase	NOUN
aeasj-865	128	6	and	and	CCONJ
aeasj-865	128	7	is	be	AUX
aeasj-865	128	8	less	less	ADJ
aeasj-865	128	9	than	than	ADP
aeasj-865	128	10	105.00	105.00	NUM
aeasj-865	128	11	%	%	NOUN
aeasj-865	128	12	,	,	PUNCT
aeasj-865	128	13	the	the	DET
aeasj-865	128	14	growth	growth	NOUN
aeasj-865	128	15	rate	rate	NOUN
aeasj-865	128	16	would	would	AUX
aeasj-865	128	17	rise	rise	VERB
aeasj-865	128	18	.	.	PUNCT
aeasj-865	129	1	conversely	conversely	ADV
aeasj-865	129	2	,	,	PUNCT
aeasj-865	129	3	when	when	SCONJ
aeasj-865	129	4	the	the	DET
aeasj-865	129	5	debt	debt	NOUN
aeasj-865	129	6	ratio	ratio	NOUN
aeasj-865	129	7	increases	increase	NOUN
aeasj-865	129	8	and	and	CCONJ
aeasj-865	129	9	is	be	AUX
aeasj-865	129	10	greater	great	ADJ
aeasj-865	129	11	than	than	ADP
aeasj-865	129	12	105.00	105.00	NUM
aeasj-865	129	13	%	%	NOUN
aeasj-865	129	14	,	,	PUNCT
aeasj-865	129	15	the	the	DET
aeasj-865	129	16	growth	growth	NOUN
aeasj-865	129	17	rate	rate	NOUN
aeasj-865	129	18	would	would	AUX
aeasj-865	129	19	decline	decline	VERB
aeasj-865	129	20	.	.	PUNCT
aeasj-865	130	1	comparing	compare	VERB
aeasj-865	130	2	with	with	ADP
aeasj-865	130	3	the	the	DET
aeasj-865	130	4	current	current	ADJ
aeasj-865	130	5	debt	debt	NOUN
aeasj-865	130	6	ratio	ratio	NOUN
aeasj-865	130	7	of	of	ADP
aeasj-865	130	8	131.09	131.09	NUM
aeasj-865	130	9	%	%	NOUN
aeasj-865	130	10	in	in	ADP
aeasj-865	130	11	2019	2019	NUM
aeasj-865	130	12	,	,	PUNCT
aeasj-865	130	13	a	a	DET
aeasj-865	130	14	further	further	ADJ
aeasj-865	130	15	increase	increase	NOUN
aeasj-865	130	16	in	in	ADP
aeasj-865	130	17	the	the	DET
aeasj-865	130	18	debt	debt	NOUN
aeasj-865	130	19	ratio	ratio	NOUN
aeasj-865	130	20	would	would	AUX
aeasj-865	130	21	hurt	hurt	VERB
aeasj-865	130	22	economic	economic	ADJ
aeasj-865	130	23	growth	growth	NOUN
aeasj-865	130	24	.	.	PUNCT
aeasj-865	131	1	the	the	DET
aeasj-865	131	2	estimated	estimate	VERB
aeasj-865	131	3	threshold	threshold	NOUN
aeasj-865	131	4	suggests	suggest	VERB
aeasj-865	131	5	that	that	SCONJ
aeasj-865	131	6	the	the	DET
aeasj-865	131	7	debt	debt	NOUN
aeasj-865	131	8	threshold	threshold	NOUN
aeasj-865	131	9	of	of	ADP
aeasj-865	131	10	90	90	NUM
aeasj-865	131	11	%	%	NOUN
aeasj-865	131	12	proposed	propose	VERB
aeasj-865	131	13	by	by	ADP
aeasj-865	131	14	reinhart	reinhart	PROPN
aeasj-865	131	15	and	and	CCONJ
aeasj-865	131	16	rogoff	rogoff	NOUN
aeasj-865	131	17	does	do	AUX
aeasj-865	131	18	not	not	PART
aeasj-865	131	19	apply	apply	VERB
aeasj-865	131	20	to	to	ADP
aeasj-865	131	21	italy	italy	PROPN
aeasj-865	131	22	.	.	PUNCT
aeasj-865	132	1	besides	besides	SCONJ
aeasj-865	132	2	,	,	PUNCT
aeasj-865	132	3	the	the	DET
aeasj-865	132	4	growth	growth	NOUN
aeasj-865	132	5	rate	rate	NOUN
aeasj-865	132	6	of	of	ADP
aeasj-865	132	7	real	real	ADJ
aeasj-865	132	8	gdp	gdp	NOUN
aeasj-865	132	9	is	be	AUX
aeasj-865	132	10	positively	positively	ADV
aeasj-865	132	11	associated	associate	VERB
aeasj-865	132	12	with	with	ADP
aeasj-865	132	13	the	the	DET
aeasj-865	132	14	growth	growth	NOUN
aeasj-865	132	15	rate	rate	NOUN
aeasj-865	132	16	of	of	ADP
aeasj-865	132	17	employment	employment	NOUN
aeasj-865	132	18	and	and	CCONJ
aeasj-865	132	19	the	the	DET
aeasj-865	132	20	investment	investment	NOUN
aeasj-865	132	21	/	/	SYM
aeasj-865	132	22	gdp	gdp	NOUN
aeasj-865	132	23	ratio	ratio	NOUN
aeasj-865	132	24	,	,	PUNCT
aeasj-865	132	25	and	and	CCONJ
aeasj-865	132	26	it	it	PRON
aeasj-865	132	27	declined	decline	VERB
aeasj-865	132	28	during	during	ADP
aeasj-865	132	29	the	the	DET
aeasj-865	132	30	global	global	ADJ
aeasj-865	132	31	financial	financial	ADJ
aeasj-865	132	32	crisis	crisis	NOUN
aeasj-865	132	33	during	during	ADP
aeasj-865	132	34	2008	2008	NUM
aeasj-865	132	35	-	-	SYM
aeasj-865	132	36	2009	2009	NUM
aeasj-865	132	37	.	.	PUNCT
aeasj-865	133	1	hence	hence	ADV
aeasj-865	133	2	,	,	PUNCT
aeasj-865	133	3	to	to	PART
aeasj-865	133	4	promote	promote	VERB
aeasj-865	133	5	economic	economic	ADJ
aeasj-865	133	6	growth	growth	NOUN
aeasj-865	133	7	,	,	PUNCT
aeasj-865	133	8	italy	italy	PROPN
aeasj-865	133	9	’s	’s	PART
aeasj-865	133	10	debt	debt	NOUN
aeasj-865	133	11	ratio	ratio	NOUN
aeasj-865	133	12	needs	need	VERB
aeasj-865	133	13	to	to	PART
aeasj-865	133	14	decrease	decrease	VERB
aeasj-865	133	15	because	because	SCONJ
aeasj-865	133	16	the	the	DET
aeasj-865	133	17	current	current	ADJ
aeasj-865	133	18	debt	debt	NOUN
aeasj-865	133	19	ratio	ratio	NOUN
aeasj-865	133	20	is	be	AUX
aeasj-865	133	21	unsustainable	unsustainable	ADJ
aeasj-865	133	22	.	.	PUNCT
aeasj-865	134	1	to	to	PART
aeasj-865	134	2	pursue	pursue	VERB
aeasj-865	134	3	fiscal	fiscal	ADJ
aeasj-865	134	4	discipline	discipline	NOUN
aeasj-865	134	5	and	and	CCONJ
aeasj-865	134	6	to	to	PART
aeasj-865	134	7	reduce	reduce	VERB
aeasj-865	134	8	government	government	NOUN
aeasj-865	134	9	deficits	deficit	NOUN
aeasj-865	134	10	and	and	CCONJ
aeasj-865	134	11	debt	debt	NOUN
aeasj-865	134	12	,	,	PUNCT
aeasj-865	134	13	government	government	NOUN
aeasj-865	134	14	spending	spending	NOUN
aeasj-865	134	15	needs	need	VERB
aeasj-865	134	16	to	to	PART
aeasj-865	134	17	slow	slow	VERB
aeasj-865	134	18	down	down	ADP
aeasj-865	134	19	or	or	CCONJ
aeasj-865	134	20	decline	decline	VERB
aeasj-865	134	21	,	,	PUNCT
aeasj-865	134	22	and	and	CCONJ
aeasj-865	134	23	taxes	taxis	NOUN
aeasj-865	134	24	need	need	VERB
aeasj-865	134	25	to	to	PART
aeasj-865	134	26	increase	increase	VERB
aeasj-865	134	27	.	.	PUNCT
aeasj-865	135	1	to	to	PART
aeasj-865	135	2	enhance	enhance	VERB
aeasj-865	135	3	growth	growth	NOUN
aeasj-865	135	4	,	,	PUNCT
aeasj-865	135	5	authorities	authority	NOUN
aeasj-865	135	6	need	need	VERB
aeasj-865	135	7	to	to	PART
aeasj-865	135	8	improve	improve	VERB
aeasj-865	135	9	human	human	ADJ
aeasj-865	135	10	capital	capital	NOUN
aeasj-865	135	11	by	by	ADP
aeasj-865	135	12	providing	provide	VERB
aeasj-865	135	13	more	more	ADJ
aeasj-865	135	14	training	training	NOUN
aeasj-865	135	15	and	and	CCONJ
aeasj-865	135	16	quality	quality	NOUN
aeasj-865	135	17	education	education	NOUN
aeasj-865	135	18	.	.	PUNCT
aeasj-865	136	1	references	reference	NOUN
aeasj-865	136	2	afonso	afonso	PROPN
aeasj-865	136	3	,	,	PUNCT
aeasj-865	136	4	a.	a.	PROPN
aeasj-865	136	5	,	,	PUNCT
aeasj-865	136	6	&	&	CCONJ
aeasj-865	136	7	jalles	jalles	PROPN
aeasj-865	136	8	,	,	PUNCT
aeasj-865	136	9	j.	j.	PROPN
aeasj-865	136	10	t.	t.	PROPN
aeasj-865	136	11	(	(	PUNCT
aeasj-865	136	12	2013	2013	NUM
aeasj-865	136	13	)	)	PUNCT
aeasj-865	136	14	.	.	PUNCT
aeasj-865	137	1	growth	growth	NOUN
aeasj-865	137	2	and	and	CCONJ
aeasj-865	137	3	productivity	productivity	NOUN
aeasj-865	137	4	:	:	PUNCT
aeasj-865	137	5	the	the	DET
aeasj-865	137	6	role	role	NOUN
aeasj-865	137	7	of	of	ADP
aeasj-865	137	8	government	government	NOUN
aeasj-865	137	9	debt	debt	NOUN
aeasj-865	137	10	.	.	PUNCT
aeasj-865	138	1	international	international	ADJ
aeasj-865	138	2	review	review	NOUN
aeasj-865	138	3	of	of	ADP
aeasj-865	138	4	economics	economic	NOUN
aeasj-865	138	5	and	and	CCONJ
aeasj-865	138	6	finance	finance	NOUN
aeasj-865	138	7	,	,	PUNCT
aeasj-865	138	8	25(january	25(january	NUM
aeasj-865	138	9	)	)	PUNCT
aeasj-865	138	10	,	,	PUNCT
aeasj-865	138	11	384–407	384–407	NUM
aeasj-865	138	12	.	.	PUNCT
aeasj-865	139	1	bastasin	bastasin	PROPN
aeasj-865	139	2	,	,	PUNCT
aeasj-865	139	3	c.	c.	PROPN
aeasj-865	139	4	,	,	PUNCT
aeasj-865	139	5	mischitelli	mischitelli	PROPN
aeasj-865	139	6	,	,	PUNCT
aeasj-865	139	7	m.	m.	NOUN
aeasj-865	139	8	,	,	PUNCT
aeasj-865	139	9	&	&	CCONJ
aeasj-865	139	10	toniolo	toniolo	PROPN
aeasj-865	139	11	,	,	PUNCT
aeasj-865	139	12	g.	g.	PROPN
aeasj-865	139	13	(	(	PUNCT
aeasj-865	139	14	2019	2019	NUM
aeasj-865	139	15	)	)	PUNCT
aeasj-865	139	16	.	.	PUNCT
aeasj-865	140	1	living	live	VERB
aeasj-865	140	2	with	with	ADP
aeasj-865	140	3	high	high	ADJ
aeasj-865	140	4	public	public	ADJ
aeasj-865	140	5	debt	debt	NOUN
aeasj-865	140	6	:	:	PUNCT
aeasj-865	140	7	italy	italy	PROPN
aeasj-865	140	8	18612018	18612018	NUM
aeasj-865	140	9	.	.	PUNCT
aeasj-865	141	1	sep	sep	PROPN
aeasj-865	141	2	working	working	PROPN
aeasj-865	141	3	paper	paper	PROPN
aeasj-865	141	4	11	11	NUM
aeasj-865	141	5	.	.	PUNCT
aeasj-865	142	1	baum	baum	PROPN
aeasj-865	142	2	,	,	PUNCT
aeasj-865	142	3	a.	a.	NOUN
aeasj-865	142	4	,	,	PUNCT
aeasj-865	142	5	checherita	checherita	NOUN
aeasj-865	142	6	-	-	PUNCT
aeasj-865	142	7	westphal	westphal	PROPN
aeasj-865	142	8	,	,	PUNCT
aeasj-865	142	9	c.	c.	PROPN
aeasj-865	142	10	,	,	PUNCT
aeasj-865	142	11	&	&	CCONJ
aeasj-865	142	12	rother	rother	PROPN
aeasj-865	142	13	,	,	PUNCT
aeasj-865	142	14	p.	p.	NOUN
aeasj-865	142	15	(	(	PUNCT
aeasj-865	142	16	2013	2013	NUM
aeasj-865	142	17	)	)	PUNCT
aeasj-865	142	18	.	.	PUNCT
aeasj-865	143	1	debt	debt	NOUN
aeasj-865	143	2	and	and	CCONJ
aeasj-865	143	3	growth	growth	NOUN
aeasj-865	143	4	:	:	PUNCT
aeasj-865	143	5	new	new	ADJ
aeasj-865	143	6	evidence	evidence	NOUN
aeasj-865	143	7	for	for	ADP
aeasj-865	143	8	the	the	DET
aeasj-865	143	9	euro	euro	ADJ
aeasj-865	143	10	area.journal	area.journal	PROPN
aeasj-865	143	11	of	of	ADP
aeasj-865	143	12	international	international	ADJ
aeasj-865	143	13	money	money	NOUN
aeasj-865	143	14	and	and	CCONJ
aeasj-865	143	15	finance	finance	NOUN
aeasj-865	143	16	,	,	PUNCT
aeasj-865	143	17	32(february	32(february	NUM
aeasj-865	143	18	)	)	PUNCT
aeasj-865	143	19	,	,	PUNCT
aeasj-865	143	20	809	809	NUM
aeasj-865	143	21	-	-	SYM
aeasj-865	143	22	821	821	NUM
aeasj-865	143	23	.	.	PUNCT
aeasj-865	144	1	cecchetti	cecchetti	PROPN
aeasj-865	144	2	,	,	PUNCT
aeasj-865	144	3	s.	s.	PROPN
aeasj-865	144	4	g.	g.	PROPN
aeasj-865	144	5	,	,	PUNCT
aeasj-865	144	6	mohanty	mohanty	PROPN
aeasj-865	144	7	,	,	PUNCT
aeasj-865	144	8	m.	m.	NOUN
aeasj-865	144	9	s.	s.	PROPN
aeasj-865	144	10	,	,	PUNCT
aeasj-865	144	11	&	&	CCONJ
aeasj-865	144	12	zampolli	zampolli	PROPN
aeasj-865	144	13	,	,	PUNCT
aeasj-865	144	14	f.	f.	PROPN
aeasj-865	144	15	(	(	PUNCT
aeasj-865	144	16	2011	2011	NUM
aeasj-865	144	17	)	)	PUNCT
aeasj-865	144	18	.	.	PUNCT
aeasj-865	145	1	the	the	DET
aeasj-865	145	2	real	real	ADJ
aeasj-865	145	3	effects	effect	NOUN
aeasj-865	145	4	of	of	ADP
aeasj-865	145	5	debt	debt	NOUN
aeasj-865	145	6	.	.	PUNCT
aeasj-865	146	1	bank	bank	PROPN
aeasj-865	146	2	for	for	ADP
aeasj-865	146	3	international	international	ADJ
aeasj-865	146	4	settlements	settlement	NOUN
aeasj-865	146	5	,	,	PUNCT
aeasj-865	146	6	bis	bis	ADJ
aeasj-865	146	7	working	working	NOUN
aeasj-865	146	8	papers	paper	NOUN
aeasj-865	146	9	no	no	INTJ
aeasj-865	146	10	.	.	PUNCT
aeasj-865	147	1	352	352	NUM
aeasj-865	147	2	.	.	PUNCT
aeasj-865	148	1	checherita	checherita	NOUN
aeasj-865	148	2	-	-	PUNCT
aeasj-865	148	3	westphal	westphal	PROPN
aeasj-865	148	4	,	,	PUNCT
aeasj-865	148	5	c.	c.	PROPN
aeasj-865	148	6	,	,	PUNCT
aeasj-865	148	7	&	&	CCONJ
aeasj-865	148	8	rother	rother	PROPN
aeasj-865	148	9	,	,	PUNCT
aeasj-865	148	10	p.	p.	NOUN
aeasj-865	148	11	(	(	PUNCT
aeasj-865	148	12	2012	2012	NUM
aeasj-865	148	13	)	)	PUNCT
aeasj-865	148	14	.	.	PUNCT
aeasj-865	149	1	the	the	DET
aeasj-865	149	2	impact	impact	NOUN
aeasj-865	149	3	of	of	ADP
aeasj-865	149	4	high	high	ADJ
aeasj-865	149	5	government	government	NOUN
aeasj-865	149	6	debt	debt	NOUN
aeasj-865	149	7	on	on	ADP
aeasj-865	149	8	economic	economic	ADJ
aeasj-865	149	9	growth	growth	NOUN
aeasj-865	149	10	and	and	CCONJ
aeasj-865	149	11	its	its	PRON
aeasj-865	149	12	channels	channel	NOUN
aeasj-865	149	13	:	:	PUNCT
aeasj-865	149	14	an	an	DET
aeasj-865	149	15	empirical	empirical	ADJ
aeasj-865	149	16	investigation	investigation	NOUN
aeasj-865	149	17	for	for	ADP
aeasj-865	149	18	the	the	DET
aeasj-865	149	19	euro	euro	PROPN
aeasj-865	149	20	area	area	NOUN
aeasj-865	149	21	.	.	PUNCT
aeasj-865	150	1	european	european	ADJ
aeasj-865	150	2	economic	economic	PROPN
aeasj-865	150	3	review	review	PROPN
aeasj-865	150	4	,	,	PUNCT
aeasj-865	150	5	56(7	56(7	NUM
aeasj-865	150	6	)	)	PUNCT
aeasj-865	150	7	,	,	PUNCT
aeasj-865	150	8	1392	1392	NUM
aeasj-865	150	9	-	-	SYM
aeasj-865	150	10	1405	1405	NUM
aeasj-865	150	11	.	.	PUNCT
aeasj-865	151	1	chirwa	chirwa	NOUN
aeasj-865	151	2	,	,	PUNCT
aeasj-865	151	3	t.	t.	PROPN
aeasj-865	151	4	g.	g.	PROPN
aeasj-865	151	5	(	(	PUNCT
aeasj-865	151	6	2017	2017	NUM
aeasj-865	151	7	)	)	PUNCT
aeasj-865	151	8	.	.	PUNCT
aeasj-865	152	1	public	public	ADJ
aeasj-865	152	2	debt	debt	NOUN
aeasj-865	152	3	and	and	CCONJ
aeasj-865	152	4	economic	economic	ADJ
aeasj-865	152	5	growth	growth	NOUN
aeasj-865	152	6	nexus	nexus	NOUN
aeasj-865	152	7	in	in	ADP
aeasj-865	152	8	the	the	DET
aeasj-865	152	9	euro	euro	PROPN
aeasj-865	152	10	area	area	NOUN
aeasj-865	152	11	:	:	PUNCT
aeasj-865	152	12	a	a	DET
aeasj-865	152	13	dynamic	dynamic	ADJ
aeasj-865	152	14	panel	panel	NOUN
aeasj-865	152	15	ardl	ardl	NOUN
aeasj-865	152	16	approach	approach	NOUN
aeasj-865	152	17	.	.	PUNCT
aeasj-865	153	1	unisa	unisa	PROPN
aeasj-865	153	2	economic	economic	ADJ
aeasj-865	153	3	research	research	NOUN
aeasj-865	153	4	working	working	NOUN
aeasj-865	153	5	paper	paper	NOUN
aeasj-865	153	6	19/2017	19/2017	NUM
aeasj-865	153	7	.	.	PUNCT
aeasj-865	154	1	égert	égert	PROPN
aeasj-865	154	2	,	,	PUNCT
aeasj-865	154	3	b.	b.	PROPN
aeasj-865	154	4	(	(	PUNCT
aeasj-865	154	5	2015a	2015a	NUM
aeasj-865	154	6	)	)	PUNCT
aeasj-865	154	7	.	.	PUNCT
aeasj-865	155	1	the	the	DET
aeasj-865	155	2	90	90	NUM
aeasj-865	155	3	%	%	NOUN
aeasj-865	155	4	public	public	ADJ
aeasj-865	155	5	debt	debt	NOUN
aeasj-865	155	6	threshold	threshold	NOUN
aeasj-865	155	7	:	:	PUNCT
aeasj-865	155	8	the	the	DET
aeasj-865	155	9	rise	rise	NOUN
aeasj-865	155	10	and	and	CCONJ
aeasj-865	155	11	fall	fall	NOUN
aeasj-865	155	12	of	of	ADP
aeasj-865	155	13	a	a	DET
aeasj-865	155	14	stylized	stylize	VERB
aeasj-865	155	15	fact.applied	fact.applied	ADJ
aeasj-865	155	16	economics	economic	NOUN
aeasj-865	155	17	,	,	PUNCT
aeasj-865	155	18	47(34	47(34	PROPN
aeasj-865	155	19	-	-	SYM
aeasj-865	155	20	35	35	NUM
aeasj-865	155	21	)	)	PUNCT
aeasj-865	155	22	,	,	PUNCT
aeasj-865	155	23	3756	3756	NUM
aeasj-865	155	24	-	-	SYM
aeasj-865	155	25	3770	3770	NUM
aeasj-865	155	26	.	.	PUNCT
aeasj-865	156	1	égert	égert	PROPN
aeasj-865	156	2	,	,	PUNCT
aeasj-865	156	3	b.	b.	PROPN
aeasj-865	156	4	(	(	PUNCT
aeasj-865	156	5	2015b	2015b	NUM
aeasj-865	156	6	)	)	PUNCT
aeasj-865	156	7	.	.	PUNCT
aeasj-865	157	1	public	public	ADJ
aeasj-865	157	2	debt	debt	NOUN
aeasj-865	157	3	,	,	PUNCT
aeasj-865	157	4	economic	economic	ADJ
aeasj-865	157	5	growth	growth	NOUN
aeasj-865	157	6	,	,	PUNCT
aeasj-865	157	7	and	and	CCONJ
aeasj-865	157	8	nonlinear	nonlinear	ADJ
aeasj-865	157	9	effects	effect	NOUN
aeasj-865	157	10	:	:	PUNCT
aeasj-865	157	11	myth	myth	NOUN
aeasj-865	157	12	or	or	CCONJ
aeasj-865	157	13	reality	reality	NOUN
aeasj-865	157	14	?	?	PUNCT
aeasj-865	158	1	journal	journal	NOUN
aeasj-865	158	2	of	of	ADP
aeasj-865	158	3	macroeconomics	macroeconomic	NOUN
aeasj-865	158	4	,	,	PUNCT
aeasj-865	158	5	43(march	43(march	NUM
aeasj-865	158	6	)	)	PUNCT
aeasj-865	158	7	,	,	PUNCT
aeasj-865	158	8	226	226	NUM
aeasj-865	158	9	-	-	SYM
aeasj-865	158	10	238	238	NUM
aeasj-865	158	11	.	.	PUNCT
aeasj-865	159	1	goel	goel	PROPN
aeasj-865	159	2	,	,	PUNCT
aeasj-865	159	3	r.	r.	PROPN
aeasj-865	159	4	k.	k.	PROPN
aeasj-865	159	5	,	,	PUNCT
aeasj-865	159	6	payne	payne	PROPN
aeasj-865	159	7	,	,	PUNCT
aeasj-865	159	8	j.	j.	PROPN
aeasj-865	159	9	e.	e.	PROPN
aeasj-865	159	10	,	,	PUNCT
aeasj-865	159	11	&	&	CCONJ
aeasj-865	159	12	ram	ram	PROPN
aeasj-865	159	13	,	,	PUNCT
aeasj-865	159	14	r.	r.	PROPN
aeasj-865	159	15	(	(	PUNCT
aeasj-865	159	16	2008	2008	NUM
aeasj-865	159	17	)	)	PUNCT
aeasj-865	159	18	.	.	PUNCT
aeasj-865	160	1	r&d	r&d	NOUN
aeasj-865	160	2	expenditures	expenditure	NOUN
aeasj-865	160	3	and	and	CCONJ
aeasj-865	160	4	us	us	PRON
aeasj-865	160	5	economic	economic	ADJ
aeasj-865	160	6	growth	growth	NOUN
aeasj-865	160	7	:	:	PUNCT
aeasj-865	160	8	a	a	DET
aeasj-865	160	9	disaggregated	disaggregated	ADJ
aeasj-865	160	10	approach	approach	NOUN
aeasj-865	160	11	.	.	PUNCT
aeasj-865	161	1	journal	journal	NOUN
aeasj-865	161	2	of	of	ADP
aeasj-865	161	3	policy	policy	NOUN
aeasj-865	161	4	modeling	modeling	NOUN
aeasj-865	161	5	,	,	PUNCT
aeasj-865	161	6	30(2	30(2	NUM
aeasj-865	161	7	)	)	PUNCT
aeasj-865	161	8	,	,	PUNCT
aeasj-865	161	9	237	237	NUM
aeasj-865	161	10	-	-	SYM
aeasj-865	161	11	250	250	NUM
aeasj-865	161	12	.	.	PUNCT
aeasj-865	162	1	https://www.cribfb.com/journal/index.php/aesr	https://www.cribfb.com/journal/index.php/aesr	PROPN
aeasj-865	162	2	american	american	PROPN
aeasj-865	162	3	economic	economic	PROPN
aeasj-865	162	4	&	&	CCONJ
aeasj-865	162	5	social	social	PROPN
aeasj-865	162	6	review	review	PROPN
aeasj-865	162	7	vol	vol	NOUN
aeasj-865	162	8	.	.	PROPN
aeasj-865	163	1	6	6	NUM
aeasj-865	163	2	,	,	PUNCT
aeasj-865	163	3	no	no	INTJ
aeasj-865	163	4	.	.	NOUN
aeasj-865	163	5	2	2	NUM
aeasj-865	163	6	;	;	PUNCT
aeasj-865	163	7	2020	2020	NUM
aeasj-865	163	8	38	38	NUM
aeasj-865	163	9	herndon	herndon	NOUN
aeasj-865	163	10	,	,	PUNCT
aeasj-865	163	11	t.	t.	PROPN
aeasj-865	163	12	,	,	PUNCT
aeasj-865	163	13	ash	ash	NOUN
aeasj-865	163	14	,	,	PUNCT
aeasj-865	163	15	m.	m.	NOUN
aeasj-865	163	16	,	,	PUNCT
aeasj-865	163	17	&	&	CCONJ
aeasj-865	163	18	pollin	pollin	PROPN
aeasj-865	163	19	,	,	PUNCT
aeasj-865	163	20	r.	r.	PROPN
aeasj-865	163	21	(	(	PUNCT
aeasj-865	163	22	2014	2014	NUM
aeasj-865	163	23	)	)	PUNCT
aeasj-865	163	24	.	.	PUNCT
aeasj-865	164	1	does	do	AUX
aeasj-865	164	2	high	high	ADJ
aeasj-865	164	3	public	public	ADJ
aeasj-865	164	4	debt	debt	NOUN
aeasj-865	164	5	consistently	consistently	ADV
aeasj-865	164	6	stifle	stifle	VERB
aeasj-865	164	7	economic	economic	ADJ
aeasj-865	164	8	growth	growth	NOUN
aeasj-865	164	9	?	?	PUNCT
aeasj-865	165	1	a	a	DET
aeasj-865	165	2	critique	critique	NOUN
aeasj-865	165	3	of	of	ADP
aeasj-865	165	4	reinhart	reinhart	PROPN
aeasj-865	165	5	and	and	CCONJ
aeasj-865	165	6	rogoff.cambridge	rogoff.cambridge	PROPN
aeasj-865	165	7	journal	journal	NOUN
aeasj-865	165	8	of	of	ADP
aeasj-865	165	9	economics	economic	NOUN
aeasj-865	165	10	,	,	PUNCT
aeasj-865	165	11	38(2	38(2	NOUN
aeasj-865	165	12	)	)	PUNCT
aeasj-865	165	13	,	,	PUNCT
aeasj-865	165	14	257279	257279	NUM
aeasj-865	165	15	.	.	PUNCT
aeasj-865	166	1	jacobs	jacobs	PROPN
aeasj-865	166	2	,	,	PUNCT
aeasj-865	166	3	j.	j.	PROPN
aeasj-865	166	4	,	,	PUNCT
aeasj-865	166	5	ogawa	ogawa	PROPN
aeasj-865	166	6	,	,	PUNCT
aeasj-865	166	7	k.	k.	PROPN
aeasj-865	166	8	,	,	PUNCT
aeasj-865	166	9	sterken	sterken	VERB
aeasj-865	166	10	,	,	PUNCT
aeasj-865	166	11	e.	e.	PROPN
aeasj-865	166	12	,	,	PUNCT
aeasj-865	166	13	&	&	CCONJ
aeasj-865	166	14	tokutsu	tokutsu	NOUN
aeasj-865	166	15	,	,	PUNCT
aeasj-865	166	16	i.	i.	PROPN
aeasj-865	166	17	(	(	PUNCT
aeasj-865	166	18	2020	2020	NUM
aeasj-865	166	19	)	)	PUNCT
aeasj-865	166	20	.	.	PUNCT
aeasj-865	167	1	public	public	ADJ
aeasj-865	167	2	debt	debt	NOUN
aeasj-865	167	3	,	,	PUNCT
aeasj-865	167	4	economic	economic	ADJ
aeasj-865	167	5	growth	growth	NOUN
aeasj-865	167	6	,	,	PUNCT
aeasj-865	167	7	and	and	CCONJ
aeasj-865	167	8	the	the	DET
aeasj-865	167	9	real	real	ADJ
aeasj-865	167	10	interest	interest	NOUN
aeasj-865	167	11	rate	rate	NOUN
aeasj-865	167	12	:	:	PUNCT
aeasj-865	167	13	a	a	DET
aeasj-865	167	14	panel	panel	NOUN
aeasj-865	167	15	var	var	NOUN
aeasj-865	167	16	approach	approach	NOUN
aeasj-865	167	17	to	to	ADP
aeasj-865	167	18	eu	eu	PROPN
aeasj-865	167	19	and	and	CCONJ
aeasj-865	167	20	oecd	oecd	PROPN
aeasj-865	167	21	countries	country	NOUN
aeasj-865	167	22	.	.	PUNCT
aeasj-865	168	1	applied	apply	VERB
aeasj-865	168	2	economics	economic	NOUN
aeasj-865	168	3	,	,	PUNCT
aeasj-865	168	4	52(12	52(12	NUM
aeasj-865	168	5	)	)	PUNCT
aeasj-865	168	6	,	,	PUNCT
aeasj-865	168	7	1377	1377	NUM
aeasj-865	168	8	-	-	SYM
aeasj-865	168	9	1394	1394	NUM
aeasj-865	168	10	.	.	PUNCT
aeasj-865	169	1	lechtenberg	lechtenberg	PROPN
aeasj-865	169	2	,	,	PUNCT
aeasj-865	169	3	l.	l.	PROPN
aeasj-865	169	4	(	(	PUNCT
aeasj-865	169	5	2017	2017	NUM
aeasj-865	169	6	)	)	PUNCT
aeasj-865	169	7	.	.	PUNCT
aeasj-865	170	1	the	the	DET
aeasj-865	170	2	debt	debt	NOUN
aeasj-865	170	3	-	-	PUNCT
aeasj-865	170	4	to	to	ADP
aeasj-865	170	5	-	-	PUNCT
aeasj-865	170	6	gdp	gdp	NOUN
aeasj-865	170	7	threshold	threshold	NOUN
aeasj-865	170	8	effect	effect	NOUN
aeasj-865	170	9	on	on	ADP
aeasj-865	170	10	output	output	NOUN
aeasj-865	170	11	:	:	PUNCT
aeasj-865	170	12	a	a	DET
aeasj-865	170	13	country	country	NOUN
aeasj-865	170	14	-	-	PUNCT
aeasj-865	170	15	specific	specific	ADJ
aeasj-865	170	16	analysis	analysis	NOUN
aeasj-865	170	17	.	.	PUNCT
aeasj-865	171	1	aisthesis	aisthesis	NOUN
aeasj-865	171	2	,	,	PUNCT
aeasj-865	171	3	8(1	8(1	NOUN
aeasj-865	171	4	)	)	PUNCT
aeasj-865	171	5	,	,	PUNCT
aeasj-865	171	6	26	26	NUM
aeasj-865	171	7	-	-	SYM
aeasj-865	171	8	34	34	NUM
aeasj-865	171	9	.	.	PUNCT
aeasj-865	172	1	lee	lee	PROPN
aeasj-865	172	2	,	,	PUNCT
aeasj-865	172	3	s.	s.	PROPN
aeasj-865	172	4	,	,	PUNCT
aeasj-865	172	5	park	park	PROPN
aeasj-865	172	6	,	,	PUNCT
aeasj-865	172	7	h.	h.	PROPN
aeasj-865	172	8	,	,	PUNCT
aeasj-865	172	9	seo	seo	PROPN
aeasj-865	172	10	,	,	PUNCT
aeasj-865	172	11	m.	m.	PROPN
aeasj-865	172	12	h.	h.	PROPN
aeasj-865	172	13	,	,	PUNCT
aeasj-865	172	14	&	&	CCONJ
aeasj-865	172	15	shin	shin	PROPN
aeasj-865	172	16	,	,	PUNCT
aeasj-865	172	17	y.	y.	PROPN
aeasj-865	172	18	(	(	PUNCT
aeasj-865	172	19	2017	2017	NUM
aeasj-865	172	20	)	)	PUNCT
aeasj-865	172	21	.	.	PUNCT
aeasj-865	173	1	testing	test	VERB
aeasj-865	173	2	for	for	ADP
aeasj-865	173	3	a	a	DET
aeasj-865	173	4	debt‐threshold	debt‐threshold	NOUN
aeasj-865	173	5	effect	effect	NOUN
aeasj-865	173	6	on	on	ADP
aeasj-865	173	7	output	output	NOUN
aeasj-865	173	8	growth	growth	NOUN
aeasj-865	173	9	.	.	PUNCT
aeasj-865	174	1	fiscal	fiscal	ADJ
aeasj-865	174	2	studies	study	NOUN
aeasj-865	174	3	,	,	PUNCT
aeasj-865	174	4	38(4	38(4	NUM
aeasj-865	174	5	)	)	PUNCT
aeasj-865	174	6	,	,	PUNCT
aeasj-865	174	7	701	701	NUM
aeasj-865	174	8	-	-	SYM
aeasj-865	174	9	717	717	NUM
aeasj-865	174	10	.	.	PUNCT
aeasj-865	175	1	minea	minea	PROPN
aeasj-865	175	2	,	,	PUNCT
aeasj-865	175	3	a.	a.	PROPN
aeasj-865	175	4	,	,	PUNCT
aeasj-865	175	5	&	&	CCONJ
aeasj-865	175	6	parent	parent	PROPN
aeasj-865	175	7	,	,	PUNCT
aeasj-865	175	8	a.	a.	NOUN
aeasj-865	175	9	(	(	PUNCT
aeasj-865	175	10	2012	2012	NUM
aeasj-865	175	11	)	)	PUNCT
aeasj-865	175	12	.	.	PUNCT
aeasj-865	175	13	is	be	AUX
aeasj-865	175	14	high	high	ADJ
aeasj-865	175	15	public	public	ADJ
aeasj-865	175	16	debt	debt	NOUN
aeasj-865	175	17	always	always	ADV
aeasj-865	175	18	harmful	harmful	ADJ
aeasj-865	175	19	to	to	ADP
aeasj-865	175	20	economic	economic	ADJ
aeasj-865	175	21	growth	growth	NOUN
aeasj-865	175	22	?	?	PUNCT
aeasj-865	176	1	reinhart	reinhart	NOUN
aeasj-865	176	2	and	and	CCONJ
aeasj-865	176	3	rogoff	rogoff	NOUN
aeasj-865	176	4	and	and	CCONJ
aeasj-865	176	5	some	some	DET
aeasj-865	176	6	complex	complex	ADJ
aeasj-865	176	7	nonlinearities	nonlinearitie	NOUN
aeasj-865	176	8	.	.	PUNCT
aeasj-865	177	1	cerdi	cerdi	PROPN
aeasj-865	177	2	,	,	PUNCT
aeasj-865	177	3	working	working	NOUN
aeasj-865	177	4	paper	paper	NOUN
aeasj-865	177	5	,	,	PUNCT
aeasj-865	177	6	halshs00700471	halshs00700471	PROPN
aeasj-865	177	7	.	.	PUNCT
aeasj-865	177	8	ram	ram	PROPN
aeasj-865	177	9	,	,	PUNCT
aeasj-865	177	10	r.	r.	PROPN
aeasj-865	177	11	(	(	PUNCT
aeasj-865	177	12	1986	1986	NUM
aeasj-865	177	13	)	)	PUNCT
aeasj-865	177	14	.	.	PUNCT
aeasj-865	178	1	government	government	NOUN
aeasj-865	178	2	size	size	NOUN
aeasj-865	178	3	and	and	CCONJ
aeasj-865	178	4	economic	economic	ADJ
aeasj-865	178	5	growth	growth	NOUN
aeasj-865	178	6	:	:	PUNCT
aeasj-865	178	7	a	a	DET
aeasj-865	178	8	new	new	ADJ
aeasj-865	178	9	framework	framework	NOUN
aeasj-865	178	10	and	and	CCONJ
aeasj-865	178	11	some	some	DET
aeasj-865	178	12	evidence	evidence	NOUN
aeasj-865	178	13	from	from	ADP
aeasj-865	178	14	cross	cross	NOUN
aeasj-865	178	15	-	-	NOUN
aeasj-865	178	16	section	section	NOUN
aeasj-865	178	17	and	and	CCONJ
aeasj-865	178	18	time	time	NOUN
aeasj-865	178	19	-	-	PUNCT
aeasj-865	178	20	series	series	NOUN
aeasj-865	178	21	data	data	PROPN
aeasj-865	178	22	.	.	PUNCT
aeasj-865	179	1	american	american	PROPN
aeasj-865	179	2	economic	economic	PROPN
aeasj-865	179	3	review	review	PROPN
aeasj-865	179	4	,	,	PUNCT
aeasj-865	179	5	76(1	76(1	PROPN
aeasj-865	179	6	)	)	PUNCT
aeasj-865	179	7	,	,	PUNCT
aeasj-865	179	8	191	191	NUM
aeasj-865	179	9	-	-	SYM
aeasj-865	179	10	203	203	NUM
aeasj-865	179	11	.	.	PUNCT
aeasj-865	179	12	ram	ram	PROPN
aeasj-865	179	13	,	,	PUNCT
aeasj-865	179	14	r.	r.	PROPN
aeasj-865	179	15	(	(	PUNCT
aeasj-865	179	16	1989	1989	NUM
aeasj-865	179	17	)	)	PUNCT
aeasj-865	179	18	.	.	PUNCT
aeasj-865	180	1	government	government	NOUN
aeasj-865	180	2	size	size	NOUN
aeasj-865	180	3	and	and	CCONJ
aeasj-865	180	4	economic	economic	ADJ
aeasj-865	180	5	growth	growth	NOUN
aeasj-865	180	6	:	:	PUNCT
aeasj-865	180	7	a	a	DET
aeasj-865	180	8	new	new	ADJ
aeasj-865	180	9	framework	framework	NOUN
aeasj-865	180	10	and	and	CCONJ
aeasj-865	180	11	some	some	DET
aeasj-865	180	12	evidence	evidence	NOUN
aeasj-865	180	13	from	from	ADP
aeasj-865	180	14	cross	cross	NOUN
aeasj-865	180	15	-	-	NOUN
aeasj-865	180	16	section	section	NOUN
aeasj-865	180	17	and	and	CCONJ
aeasj-865	180	18	time	time	NOUN
aeasj-865	180	19	-	-	PUNCT
aeasj-865	180	20	series	series	NOUN
aeasj-865	180	21	data	data	PROPN
aeasj-865	180	22	:	:	PUNCT
aeasj-865	180	23	reply	reply	NOUN
aeasj-865	180	24	.	.	PUNCT
aeasj-865	181	1	american	american	PROPN
aeasj-865	181	2	economic	economic	PROPN
aeasj-865	181	3	review	review	PROPN
aeasj-865	181	4	,	,	PUNCT
aeasj-865	181	5	79(1	79(1	NUM
aeasj-865	181	6	)	)	PUNCT
aeasj-865	181	7	,	,	PUNCT
aeasj-865	181	8	281284	281284	NUM
aeasj-865	181	9	.	.	PUNCT
aeasj-865	182	1	reinhart	reinhart	PROPN
aeasj-865	182	2	,	,	PUNCT
aeasj-865	182	3	c.	c.	PROPN
aeasj-865	182	4	m.	m.	PROPN
aeasj-865	182	5	,	,	PUNCT
aeasj-865	182	6	&	&	CCONJ
aeasj-865	182	7	rogoff	rogoff	PROPN
aeasj-865	182	8	,	,	PUNCT
aeasj-865	182	9	k.	k.	PROPN
aeasj-865	182	10	s.	s.	PROPN
aeasj-865	182	11	(	(	PUNCT
aeasj-865	182	12	2010a	2010a	NUM
aeasj-865	182	13	)	)	PUNCT
aeasj-865	182	14	.	.	PUNCT
aeasj-865	183	1	growth	growth	NOUN
aeasj-865	183	2	in	in	ADP
aeasj-865	183	3	a	a	DET
aeasj-865	183	4	time	time	NOUN
aeasj-865	183	5	of	of	ADP
aeasj-865	183	6	debt.american	debt.american	PROPN
aeasj-865	183	7	economic	economic	ADJ
aeasj-865	183	8	review	review	NOUN
aeasj-865	183	9	,	,	PUNCT
aeasj-865	183	10	100(2	100(2	NUM
aeasj-865	183	11	)	)	PUNCT
aeasj-865	183	12	,	,	PUNCT
aeasj-865	183	13	573	573	NUM
aeasj-865	183	14	-	-	SYM
aeasj-865	183	15	78	78	NUM
aeasj-865	183	16	.	.	PUNCT
aeasj-865	184	1	reinhart	reinhart	PROPN
aeasj-865	184	2	,	,	PUNCT
aeasj-865	184	3	c.	c.	PROPN
aeasj-865	184	4	m.	m.	PROPN
aeasj-865	184	5	,	,	PUNCT
aeasj-865	184	6	&	&	CCONJ
aeasj-865	184	7	rogoff	rogoff	PROPN
aeasj-865	184	8	,	,	PUNCT
aeasj-865	184	9	k.	k.	PROPN
aeasj-865	184	10	s.	s.	PROPN
aeasj-865	184	11	(	(	PUNCT
aeasj-865	184	12	2010b	2010b	NUM
aeasj-865	184	13	)	)	PUNCT
aeasj-865	184	14	.	.	PUNCT
aeasj-865	185	1	debt	debt	NOUN
aeasj-865	185	2	and	and	CCONJ
aeasj-865	185	3	growth	growth	NOUN
aeasj-865	185	4	revisited	revisit	VERB
aeasj-865	185	5	.	.	PUNCT
aeasj-865	186	1	mpra	mpra	PROPN
aeasj-865	186	2	paper	paper	PROPN
aeasj-865	186	3	no	no	PROPN
aeasj-865	186	4	.	.	PROPN
aeasj-865	186	5	24376	24376	NUM
aeasj-865	186	6	.	.	PUNCT
aeasj-865	187	1	sapir	sapir	PROPN
aeasj-865	187	2	,	,	PUNCT
aeasj-865	187	3	a.	a.	NOUN
aeasj-865	187	4	(	(	PUNCT
aeasj-865	187	5	2018	2018	NUM
aeasj-865	187	6	)	)	PUNCT
aeasj-865	187	7	.	.	PUNCT
aeasj-865	188	1	high	high	ADJ
aeasj-865	188	2	public	public	ADJ
aeasj-865	188	3	debt	debt	NOUN
aeasj-865	188	4	in	in	ADP
aeasj-865	188	5	euro	euro	NOUN
aeasj-865	188	6	-	-	PUNCT
aeasj-865	188	7	area	area	NOUN
aeasj-865	188	8	countries	country	NOUN
aeasj-865	188	9	:	:	PUNCT
aeasj-865	188	10	comparing	compare	VERB
aeasj-865	188	11	belgium	belgium	NOUN
aeasj-865	188	12	and	and	CCONJ
aeasj-865	188	13	italy	italy	PROPN
aeasj-865	188	14	.	.	PUNCT
aeasj-865	189	1	(	(	PUNCT
aeasj-865	189	2	no	no	INTJ
aeasj-865	189	3	.	.	PUNCT
aeasj-865	190	1	2018/15	2018/15	NUM
aeasj-865	190	2	)	)	PUNCT
aeasj-865	190	3	.	.	PUNCT
aeasj-865	191	1	bruegel	bruegel	NOUN
aeasj-865	191	2	policy	policy	NOUN
aeasj-865	191	3	contribution	contribution	NOUN
aeasj-865	191	4	.	.	PUNCT
aeasj-865	192	1	swamy	swamy	PROPN
aeasj-865	192	2	,	,	PUNCT
aeasj-865	192	3	v.	v.	PROPN
aeasj-865	192	4	(	(	PUNCT
aeasj-865	192	5	2020	2020	NUM
aeasj-865	192	6	)	)	PUNCT
aeasj-865	192	7	.	.	PUNCT
aeasj-865	193	1	debt	debt	NOUN
aeasj-865	193	2	and	and	CCONJ
aeasj-865	193	3	growth	growth	NOUN
aeasj-865	193	4	:	:	PUNCT
aeasj-865	193	5	decomposing	decompose	VERB
aeasj-865	193	6	the	the	DET
aeasj-865	193	7	cause	cause	NOUN
aeasj-865	193	8	and	and	CCONJ
aeasj-865	193	9	effect	effect	VERB
aeasj-865	193	10	relationship	relationship	NOUN
aeasj-865	193	11	.	.	PUNCT
aeasj-865	194	1	international	international	ADJ
aeasj-865	194	2	journal	journal	PROPN
aeasj-865	194	3	of	of	ADP
aeasj-865	194	4	finance	finance	PROPN
aeasj-865	194	5	&	&	CCONJ
aeasj-865	194	6	economics	economic	NOUN
aeasj-865	194	7	,	,	PUNCT
aeasj-865	194	8	25(2	25(2	NUM
aeasj-865	194	9	)	)	PUNCT
aeasj-865	194	10	,	,	PUNCT
aeasj-865	194	11	141	141	NUM
aeasj-865	194	12	-	-	SYM
aeasj-865	194	13	156	156	NUM
aeasj-865	194	14	.	.	PUNCT
aeasj-865	195	1	woo	woo	PROPN
aeasj-865	195	2	,	,	PUNCT
aeasj-865	195	3	j.	j.	PROPN
aeasj-865	195	4	,	,	PUNCT
aeasj-865	195	5	&	&	CCONJ
aeasj-865	195	6	kumar	kumar	PROPN
aeasj-865	195	7	,	,	PUNCT
aeasj-865	195	8	m.	m.	NOUN
aeasj-865	195	9	s.	s.	PROPN
aeasj-865	195	10	(	(	PUNCT
aeasj-865	195	11	2015	2015	NUM
aeasj-865	195	12	)	)	PUNCT
aeasj-865	195	13	.	.	PUNCT
aeasj-865	196	1	public	public	ADJ
aeasj-865	196	2	debt	debt	NOUN
aeasj-865	196	3	and	and	CCONJ
aeasj-865	196	4	growth	growth	NOUN
aeasj-865	196	5	.	.	PUNCT
aeasj-865	197	1	economica	economica	PROPN
aeasj-865	197	2	,	,	PUNCT
aeasj-865	197	3	82(328	82(328	NOUN
aeasj-865	197	4	)	)	PUNCT
aeasj-865	197	5	,	,	PUNCT
aeasj-865	197	6	705	705	NUM
aeasj-865	197	7	-	-	SYM
aeasj-865	197	8	739	739	NUM
aeasj-865	197	9	.	.	PUNCT
aeasj-865	198	1	copyrights	copyright	NOUN
aeasj-865	198	2	copyright	copyright	NOUN
aeasj-865	198	3	for	for	ADP
aeasj-865	198	4	this	this	DET
aeasj-865	198	5	article	article	NOUN
aeasj-865	198	6	is	be	AUX
aeasj-865	198	7	retained	retain	VERB
aeasj-865	198	8	by	by	ADP
aeasj-865	198	9	the	the	DET
aeasj-865	198	10	author(s	author(s	PROPN
aeasj-865	198	11	)	)	PUNCT
aeasj-865	198	12	,	,	PUNCT
aeasj-865	198	13	with	with	ADP
aeasj-865	198	14	first	first	ADJ
aeasj-865	198	15	publication	publication	NOUN
aeasj-865	198	16	rights	right	NOUN
aeasj-865	198	17	granted	grant	VERB
aeasj-865	198	18	to	to	ADP
aeasj-865	198	19	the	the	DET
aeasj-865	198	20	journal	journal	NOUN
aeasj-865	198	21	.	.	PUNCT
aeasj-865	199	1	this	this	PRON
aeasj-865	199	2	is	be	AUX
aeasj-865	199	3	an	an	DET
aeasj-865	199	4	open	open	ADJ
aeasj-865	199	5	-	-	PUNCT
aeasj-865	199	6	access	access	NOUN
aeasj-865	199	7	article	article	NOUN
aeasj-865	199	8	distributed	distribute	VERB
aeasj-865	199	9	under	under	ADP
aeasj-865	199	10	the	the	DET
aeasj-865	199	11	terms	term	NOUN
aeasj-865	199	12	and	and	CCONJ
aeasj-865	199	13	conditions	condition	NOUN
aeasj-865	199	14	of	of	ADP
aeasj-865	199	15	the	the	DET
aeasj-865	199	16	creative	creative	ADJ
aeasj-865	199	17	commons	common	NOUN
aeasj-865	199	18	attribution	attribution	NOUN
aeasj-865	199	19	license	license	NOUN
aeasj-865	199	20	(	(	PUNCT
aeasj-865	199	21	http://creativecommons.org/licenses/by/4.0/	http://creativecommons.org/licenses/by/4.0/	PROPN
aeasj-865	199	22	)	)	PUNCT