id	sid	tid	token	lemma	pos
aijbe-867	1	1	american	american	PROPN
aijbe-867	1	2	interdisciplinary	interdisciplinary	PROPN
aijbe-867	1	3	journal	journal	NOUN
aijbe-867	1	4	of	of	ADP
aijbe-867	1	5	business	business	NOUN
aijbe-867	1	6	and	and	CCONJ
aijbe-867	1	7	economics	economic	NOUN
aijbe-867	1	8	issn	issn	PROPN
aijbe-867	1	9	:	:	PUNCT
aijbe-867	1	10	2837	2837	NUM
aijbe-867	1	11	-	-	SYM
aijbe-867	1	12	1909|	1909|	NUM
aijbe-867	1	13	impact	impact	NOUN
aijbe-867	1	14	factor	factor	NOUN
aijbe-867	1	15	:	:	PUNCT
aijbe-867	1	16	6.71	6.71	NUM
aijbe-867	1	17	volume	volume	NOUN
aijbe-867	1	18	.	.	PUNCT
aijbe-867	2	1	11	11	NUM
aijbe-867	2	2	,	,	PUNCT
aijbe-867	2	3	number	number	NOUN
aijbe-867	2	4	3	3	NUM
aijbe-867	2	5	;	;	PUNCT
aijbe-867	2	6	july	july	PROPN
aijbe-867	2	7	-	-	PUNCT
aijbe-867	2	8	september	september	PROPN
aijbe-867	2	9	,	,	PUNCT
aijbe-867	2	10	2024	2024	NUM
aijbe-867	2	11	;	;	PUNCT
aijbe-867	2	12	published	publish	VERB
aijbe-867	2	13	by	by	ADP
aijbe-867	2	14	:	:	PUNCT
aijbe-867	2	15	scientific	scientific	ADJ
aijbe-867	2	16	and	and	CCONJ
aijbe-867	2	17	academic	academic	ADJ
aijbe-867	2	18	development	development	PROPN
aijbe-867	2	19	institute	institute	PROPN
aijbe-867	2	20	(	(	PUNCT
aijbe-867	2	21	sadi	sadi	PROPN
aijbe-867	2	22	)	)	PUNCT
aijbe-867	2	23	8933	8933	NUM
aijbe-867	3	1	willis	willis	PROPN
aijbe-867	3	2	ave	ave	PROPN
aijbe-867	3	3	los	los	PROPN
aijbe-867	3	4	angeles	angeles	PROPN
aijbe-867	3	5	,	,	PUNCT
aijbe-867	3	6	california	california	PROPN
aijbe-867	3	7	https://sadijournals.org/index.php/aijbe|	https://sadijournals.org/index.php/aijbe|	PROPN
aijbe-867	4	1	editorial@sadijournals.org	editorial@sadijournals.org	PROPN
aijbe-867	4	2	american	american	ADJ
aijbe-867	4	3	interdisciplinary	interdisciplinary	PROPN
aijbe-867	4	4	journal	journal	NOUN
aijbe-867	4	5	of	of	ADP
aijbe-867	4	6	business	business	NOUN
aijbe-867	4	7	and	and	CCONJ
aijbe-867	4	8	economics	economic	NOUN
aijbe-867	4	9	|	|	ADV
aijbe-867	4	10	35	35	NUM
aijbe-867	4	11	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	4	12	empirical	empirical	ADJ
aijbe-867	4	13	evaluation	evaluation	NOUN
aijbe-867	4	14	of	of	ADP
aijbe-867	4	15	oil	oil	NOUN
aijbe-867	4	16	price	price	NOUN
aijbe-867	4	17	volatility	volatility	NOUN
aijbe-867	4	18	and	and	CCONJ
aijbe-867	4	19	stock	stock	NOUN
aijbe-867	4	20	market	market	NOUN
aijbe-867	4	21	returns	return	NOUN
aijbe-867	4	22	in	in	ADP
aijbe-867	4	23	nigeria	nigeria	PROPN
aijbe-867	4	24	ikemenogo	ikemenogo	PROPN
aijbe-867	4	25	,	,	PUNCT
aijbe-867	4	26	eze	eze	PROPN
aijbe-867	4	27	solomon	solomon	PROPN
aijbe-867	4	28	department	department	PROPN
aijbe-867	4	29	of	of	ADP
aijbe-867	4	30	economics	economic	NOUN
aijbe-867	4	31	,	,	PUNCT
aijbe-867	4	32	faculty	faculty	NOUN
aijbe-867	4	33	of	of	ADP
aijbe-867	4	34	social	social	ADJ
aijbe-867	4	35	sciences	science	NOUN
aijbe-867	4	36	,	,	PUNCT
aijbe-867	4	37	university	university	NOUN
aijbe-867	4	38	of	of	ADP
aijbe-867	4	39	lagos	lagos	PROPN
aijbe-867	4	40	,	,	PUNCT
aijbe-867	4	41	akoka	akoka	NOUN
aijbe-867	4	42	,	,	PUNCT
aijbe-867	4	43	nigeria	nigeria	PROPN
aijbe-867	4	44	doi	doi	PROPN
aijbe-867	4	45	:	:	PUNCT
aijbe-867	4	46	https://doi.org/10.5281/zenodo.13236955	https://doi.org/10.5281/zenodo.13236955	X
aijbe-867	4	47	abstract	abstract	NOUN
aijbe-867	4	48	:	:	PUNCT
aijbe-867	4	49	the	the	DET
aijbe-867	4	50	study	study	NOUN
aijbe-867	4	51	is	be	AUX
aijbe-867	4	52	on	on	ADP
aijbe-867	4	53	empirical	empirical	ADJ
aijbe-867	4	54	evaluation	evaluation	NOUN
aijbe-867	4	55	of	of	ADP
aijbe-867	4	56	the	the	DET
aijbe-867	4	57	impact	impact	NOUN
aijbe-867	4	58	of	of	ADP
aijbe-867	4	59	oil	oil	NOUN
aijbe-867	4	60	prices	price	NOUN
aijbe-867	4	61	volatility	volatility	NOUN
aijbe-867	4	62	on	on	ADP
aijbe-867	4	63	stock	stock	NOUN
aijbe-867	4	64	market	market	NOUN
aijbe-867	4	65	returns	return	NOUN
aijbe-867	4	66	in	in	ADP
aijbe-867	4	67	nigeria	nigeria	PROPN
aijbe-867	4	68	from	from	ADP
aijbe-867	4	69	1986	1986	NUM
aijbe-867	4	70	to	to	ADP
aijbe-867	4	71	2021	2021	NUM
aijbe-867	4	72	.	.	PUNCT
aijbe-867	5	1	with	with	ADP
aijbe-867	5	2	the	the	DET
aijbe-867	5	3	understanding	understanding	NOUN
aijbe-867	5	4	that	that	SCONJ
aijbe-867	5	5	energy	energy	NOUN
aijbe-867	5	6	runs	run	VERB
aijbe-867	5	7	like	like	ADP
aijbe-867	5	8	a	a	DET
aijbe-867	5	9	bloodstream	bloodstream	NOUN
aijbe-867	5	10	of	of	ADP
aijbe-867	5	11	any	any	DET
aijbe-867	5	12	business	business	NOUN
aijbe-867	5	13	of	of	ADP
aijbe-867	5	14	which	which	PRON
aijbe-867	5	15	oil	oil	NOUN
aijbe-867	5	16	is	be	AUX
aijbe-867	5	17	a	a	DET
aijbe-867	5	18	major	major	ADJ
aijbe-867	5	19	source	source	NOUN
aijbe-867	5	20	,	,	PUNCT
aijbe-867	5	21	it	it	PRON
aijbe-867	5	22	becomes	become	VERB
aijbe-867	5	23	imperative	imperative	ADJ
aijbe-867	5	24	to	to	PART
aijbe-867	5	25	explore	explore	VERB
aijbe-867	5	26	the	the	DET
aijbe-867	5	27	incessant	incessant	ADJ
aijbe-867	5	28	oil	oil	NOUN
aijbe-867	5	29	price	price	NOUN
aijbe-867	5	30	fluctuations	fluctuation	NOUN
aijbe-867	5	31	and	and	CCONJ
aijbe-867	5	32	its	its	PRON
aijbe-867	5	33	effects	effect	NOUN
aijbe-867	5	34	on	on	ADP
aijbe-867	5	35	critical	critical	ADJ
aijbe-867	5	36	indicators	indicator	NOUN
aijbe-867	5	37	of	of	ADP
aijbe-867	5	38	the	the	DET
aijbe-867	5	39	economy	economy	NOUN
aijbe-867	5	40	like	like	ADP
aijbe-867	5	41	stock	stock	NOUN
aijbe-867	5	42	market	market	NOUN
aijbe-867	5	43	performance	performance	NOUN
aijbe-867	5	44	.	.	PUNCT
aijbe-867	6	1	the	the	DET
aijbe-867	6	2	objectives	objective	NOUN
aijbe-867	6	3	include	include	VERB
aijbe-867	6	4	to	to	PART
aijbe-867	6	5	examine	examine	VERB
aijbe-867	6	6	the	the	DET
aijbe-867	6	7	patterns	pattern	NOUN
aijbe-867	6	8	of	of	ADP
aijbe-867	6	9	oil	oil	NOUN
aijbe-867	6	10	price	price	NOUN
aijbe-867	6	11	volatility	volatility	NOUN
aijbe-867	6	12	and	and	CCONJ
aijbe-867	6	13	stock	stock	NOUN
aijbe-867	6	14	market	market	NOUN
aijbe-867	6	15	returns	return	NOUN
aijbe-867	6	16	in	in	ADP
aijbe-867	6	17	nigeria	nigeria	PROPN
aijbe-867	6	18	,	,	PUNCT
aijbe-867	6	19	analyse	analyse	VERB
aijbe-867	6	20	the	the	DET
aijbe-867	6	21	influence	influence	NOUN
aijbe-867	6	22	of	of	ADP
aijbe-867	6	23	oil	oil	NOUN
aijbe-867	6	24	price	price	NOUN
aijbe-867	6	25	fluctuations	fluctuation	NOUN
aijbe-867	6	26	on	on	ADP
aijbe-867	6	27	nigeria	nigeria	PROPN
aijbe-867	6	28	's	's	PART
aijbe-867	6	29	economic	economic	ADJ
aijbe-867	6	30	growth	growth	NOUN
aijbe-867	6	31	,	,	PUNCT
aijbe-867	6	32	and	and	CCONJ
aijbe-867	6	33	investigate	investigate	VERB
aijbe-867	6	34	the	the	DET
aijbe-867	6	35	causal	causal	ADJ
aijbe-867	6	36	relationship	relationship	NOUN
aijbe-867	6	37	between	between	ADP
aijbe-867	6	38	oil	oil	NOUN
aijbe-867	6	39	price	price	NOUN
aijbe-867	6	40	volatility	volatility	NOUN
aijbe-867	6	41	and	and	CCONJ
aijbe-867	6	42	the	the	DET
aijbe-867	6	43	stock	stock	NOUN
aijbe-867	6	44	market	market	NOUN
aijbe-867	6	45	returns	return	NOUN
aijbe-867	6	46	in	in	ADP
aijbe-867	6	47	nigeria	nigeria	PROPN
aijbe-867	6	48	.	.	PUNCT
aijbe-867	7	1	arbitrage	arbitrage	NOUN
aijbe-867	7	2	pricing	pricing	NOUN
aijbe-867	7	3	theory	theory	NOUN
aijbe-867	7	4	(	(	PUNCT
aijbe-867	7	5	apt	apt	ADJ
aijbe-867	7	6	)	)	PUNCT
aijbe-867	7	7	was	be	AUX
aijbe-867	7	8	employed	employ	VERB
aijbe-867	7	9	as	as	ADP
aijbe-867	7	10	the	the	DET
aijbe-867	7	11	framework	framework	NOUN
aijbe-867	7	12	while	while	SCONJ
aijbe-867	7	13	the	the	DET
aijbe-867	7	14	methodology	methodology	NOUN
aijbe-867	7	15	adopted	adopt	VERB
aijbe-867	7	16	the	the	DET
aijbe-867	7	17	all	all	DET
aijbe-867	7	18	-	-	PUNCT
aijbe-867	7	19	share	share	NOUN
aijbe-867	7	20	indices	index	NOUN
aijbe-867	7	21	(	(	PUNCT
aijbe-867	7	22	asi	asi	NOUN
aijbe-867	7	23	)	)	PUNCT
aijbe-867	7	24	as	as	ADP
aijbe-867	7	25	the	the	DET
aijbe-867	7	26	dependent	dependent	ADJ
aijbe-867	7	27	variable	variable	NOUN
aijbe-867	7	28	,	,	PUNCT
aijbe-867	7	29	then	then	ADV
aijbe-867	7	30	,	,	PUNCT
aijbe-867	7	31	oil	oil	NOUN
aijbe-867	7	32	prices	price	NOUN
aijbe-867	7	33	(	(	PUNCT
aijbe-867	7	34	oprice	oprice	NOUN
aijbe-867	7	35	)	)	PUNCT
aijbe-867	7	36	,	,	PUNCT
aijbe-867	7	37	exchange	exchange	NOUN
aijbe-867	7	38	rate	rate	NOUN
aijbe-867	7	39	(	(	PUNCT
aijbe-867	7	40	exch	exch	PROPN
aijbe-867	7	41	)	)	PUNCT
aijbe-867	7	42	,	,	PUNCT
aijbe-867	7	43	inflation	inflation	NOUN
aijbe-867	7	44	rate	rate	NOUN
aijbe-867	7	45	(	(	PUNCT
aijbe-867	7	46	infl	infl	PROPN
aijbe-867	7	47	)	)	PUNCT
aijbe-867	7	48	,	,	PUNCT
aijbe-867	7	49	gross	gross	ADJ
aijbe-867	7	50	domestic	domestic	ADJ
aijbe-867	7	51	growth	growth	NOUN
aijbe-867	7	52	rate	rate	NOUN
aijbe-867	7	53	(	(	PUNCT
aijbe-867	7	54	gdpgr	gdpgr	PROPN
aijbe-867	7	55	)	)	PUNCT
aijbe-867	7	56	,	,	PUNCT
aijbe-867	7	57	and	and	CCONJ
aijbe-867	7	58	interest	interest	NOUN
aijbe-867	7	59	rate	rate	NOUN
aijbe-867	7	60	(	(	PUNCT
aijbe-867	7	61	int	int	NOUN
aijbe-867	7	62	)	)	PUNCT
aijbe-867	7	63	as	as	ADP
aijbe-867	7	64	explanatory	explanatory	ADJ
aijbe-867	7	65	variables	variable	NOUN
aijbe-867	7	66	.	.	PUNCT
aijbe-867	8	1	secondary	secondary	ADJ
aijbe-867	8	2	data	datum	NOUN
aijbe-867	8	3	sourced	source	VERB
aijbe-867	8	4	from	from	ADP
aijbe-867	8	5	unctad	unctad	PROPN
aijbe-867	8	6	,	,	PUNCT
aijbe-867	8	7	etc	etc	X
aijbe-867	8	8	.	.	X
aijbe-867	8	9	were	be	AUX
aijbe-867	8	10	analysed	analyse	VERB
aijbe-867	8	11	with	with	ADP
aijbe-867	8	12	aid	aid	NOUN
aijbe-867	8	13	of	of	ADP
aijbe-867	8	14	eviews	eview	NOUN
aijbe-867	8	15	2021	2021	NUM
aijbe-867	8	16	.	.	PUNCT
aijbe-867	9	1	the	the	DET
aijbe-867	9	2	generalised	generalise	VERB
aijbe-867	9	3	autoregressive	autoregressive	ADJ
aijbe-867	9	4	conditional	conditional	ADJ
aijbe-867	9	5	heteroscedasticity	heteroscedasticity	NOUN
aijbe-867	9	6	(	(	PUNCT
aijbe-867	9	7	garch	garch	NOUN
aijbe-867	9	8	)	)	PUNCT
aijbe-867	9	9	and	and	CCONJ
aijbe-867	9	10	granger	granger	PROPN
aijbe-867	9	11	causality	causality	PROPN
aijbe-867	9	12	were	be	AUX
aijbe-867	9	13	the	the	DET
aijbe-867	9	14	estimation	estimation	NOUN
aijbe-867	9	15	techniques	technique	NOUN
aijbe-867	9	16	used	use	VERB
aijbe-867	9	17	.	.	PUNCT
aijbe-867	10	1	the	the	DET
aijbe-867	10	2	study	study	NOUN
aijbe-867	10	3	used	use	VERB
aijbe-867	10	4	unit	unit	NOUN
aijbe-867	10	5	root	root	NOUN
aijbe-867	10	6	test	test	NOUN
aijbe-867	10	7	to	to	PART
aijbe-867	10	8	check	check	VERB
aijbe-867	10	9	the	the	DET
aijbe-867	10	10	stationarity	stationarity	NOUN
aijbe-867	10	11	of	of	ADP
aijbe-867	10	12	the	the	DET
aijbe-867	10	13	variables	variable	NOUN
aijbe-867	10	14	,	,	PUNCT
aijbe-867	10	15	the	the	DET
aijbe-867	10	16	ardl	ardl	NOUN
aijbe-867	10	17	bound	bind	VERB
aijbe-867	10	18	test	test	NOUN
aijbe-867	10	19	to	to	PART
aijbe-867	10	20	check	check	VERB
aijbe-867	10	21	for	for	ADP
aijbe-867	10	22	long	long	ADJ
aijbe-867	10	23	-	-	PUNCT
aijbe-867	10	24	term	term	NOUN
aijbe-867	10	25	relationships	relationship	NOUN
aijbe-867	10	26	between	between	ADP
aijbe-867	10	27	the	the	DET
aijbe-867	10	28	variables	variable	NOUN
aijbe-867	10	29	,	,	PUNCT
aijbe-867	10	30	and	and	CCONJ
aijbe-867	10	31	the	the	DET
aijbe-867	10	32	ardl	ardl	NOUN
aijbe-867	10	33	model	model	NOUN
aijbe-867	10	34	to	to	PART
aijbe-867	10	35	estimate	estimate	VERB
aijbe-867	10	36	both	both	DET
aijbe-867	10	37	shortand	shortand	NOUN
aijbe-867	10	38	long	long	ADJ
aijbe-867	10	39	-	-	PUNCT
aijbe-867	10	40	term	term	NOUN
aijbe-867	10	41	relationships	relationship	NOUN
aijbe-867	10	42	between	between	ADP
aijbe-867	10	43	the	the	DET
aijbe-867	10	44	variables	variable	NOUN
aijbe-867	10	45	.	.	PUNCT
aijbe-867	11	1	a	a	DET
aijbe-867	11	2	normality	normality	NOUN
aijbe-867	11	3	test	test	NOUN
aijbe-867	11	4	revealed	reveal	VERB
aijbe-867	11	5	that	that	SCONJ
aijbe-867	11	6	the	the	DET
aijbe-867	11	7	study	study	NOUN
aijbe-867	11	8	's	's	PART
aijbe-867	11	9	variables	variable	NOUN
aijbe-867	11	10	are	be	AUX
aijbe-867	11	11	all	all	ADV
aijbe-867	11	12	typical	typical	ADJ
aijbe-867	11	13	.	.	PUNCT
aijbe-867	12	1	breuseeh	breuseeh	ADJ
aijbe-867	12	2	-	-	PUNCT
aijbe-867	12	3	gdfrey	gdfrey	NOUN
aijbe-867	12	4	serial	serial	ADJ
aijbe-867	12	5	correlation	correlation	NOUN
aijbe-867	12	6	revealed	reveal	VERB
aijbe-867	12	7	no	no	DET
aijbe-867	12	8	association	association	NOUN
aijbe-867	12	9	between	between	ADP
aijbe-867	12	10	the	the	DET
aijbe-867	12	11	study	study	NOUN
aijbe-867	12	12	's	's	PART
aijbe-867	12	13	variables	variable	NOUN
aijbe-867	12	14	.	.	PUNCT
aijbe-867	13	1	the	the	DET
aijbe-867	13	2	heteroscedasticity	heteroscedasticity	NOUN
aijbe-867	13	3	test	test	NOUN
aijbe-867	13	4	showed	show	VERB
aijbe-867	13	5	there	there	PRON
aijbe-867	13	6	was	be	VERB
aijbe-867	13	7	no	no	DET
aijbe-867	13	8	outlier	outlier	NOUN
aijbe-867	13	9	’s	’s	PART
aijbe-867	13	10	effect	effect	NOUN
aijbe-867	13	11	on	on	ADP
aijbe-867	13	12	the	the	DET
aijbe-867	13	13	output	output	NOUN
aijbe-867	13	14	of	of	ADP
aijbe-867	13	15	the	the	DET
aijbe-867	13	16	result	result	NOUN
aijbe-867	13	17	.	.	PUNCT
aijbe-867	14	1	it	it	PRON
aijbe-867	14	2	was	be	AUX
aijbe-867	14	3	found	find	VERB
aijbe-867	14	4	that	that	SCONJ
aijbe-867	14	5	inflation	inflation	NOUN
aijbe-867	14	6	and	and	CCONJ
aijbe-867	14	7	exchange	exchange	NOUN
aijbe-867	14	8	rate	rate	NOUN
aijbe-867	14	9	volatility	volatility	NOUN
aijbe-867	14	10	are	be	AUX
aijbe-867	14	11	positive	positive	ADJ
aijbe-867	14	12	and	and	CCONJ
aijbe-867	14	13	statistically	statistically	ADV
aijbe-867	14	14	significant	significant	ADJ
aijbe-867	14	15	;	;	PUNCT
aijbe-867	14	16	inflation	inflation	NOUN
aijbe-867	14	17	and	and	CCONJ
aijbe-867	14	18	interest	interest	NOUN
aijbe-867	14	19	rate	rate	NOUN
aijbe-867	14	20	are	be	AUX
aijbe-867	14	21	equally	equally	ADV
aijbe-867	14	22	positive	positive	ADJ
aijbe-867	14	23	related	relate	VERB
aijbe-867	14	24	to	to	ADP
aijbe-867	14	25	private	private	ADJ
aijbe-867	14	26	consumption	consumption	NOUN
aijbe-867	14	27	during	during	ADP
aijbe-867	14	28	the	the	DET
aijbe-867	14	29	period	period	NOUN
aijbe-867	14	30	under	under	ADP
aijbe-867	14	31	investigation	investigation	NOUN
aijbe-867	14	32	.	.	PUNCT
aijbe-867	15	1	it	it	PRON
aijbe-867	15	2	found	find	VERB
aijbe-867	15	3	out	out	ADP
aijbe-867	15	4	inflation	inflation	NOUN
aijbe-867	15	5	,	,	PUNCT
aijbe-867	15	6	oil	oil	NOUN
aijbe-867	15	7	price	price	NOUN
aijbe-867	15	8	,	,	PUNCT
aijbe-867	15	9	exchange	exchange	NOUN
aijbe-867	15	10	rate	rate	NOUN
aijbe-867	15	11	,	,	PUNCT
aijbe-867	15	12	and	and	CCONJ
aijbe-867	15	13	real	real	ADJ
aijbe-867	15	14	gross	gross	ADJ
aijbe-867	15	15	domestic	domestic	ADJ
aijbe-867	15	16	product	product	NOUN
aijbe-867	15	17	have	have	VERB
aijbe-867	15	18	positive	positive	ADJ
aijbe-867	15	19	effect	effect	NOUN
aijbe-867	15	20	on	on	ADP
aijbe-867	15	21	stock	stock	NOUN
aijbe-867	15	22	market	market	NOUN
aijbe-867	15	23	performance	performance	NOUN
aijbe-867	15	24	in	in	ADP
aijbe-867	15	25	nigeria	nigeria	PROPN
aijbe-867	15	26	.	.	PUNCT
aijbe-867	16	1	the	the	DET
aijbe-867	16	2	work	work	NOUN
aijbe-867	16	3	concludes	conclude	VERB
aijbe-867	16	4	oil	oil	NOUN
aijbe-867	16	5	price	price	NOUN
aijbe-867	16	6	is	be	AUX
aijbe-867	16	7	a	a	DET
aijbe-867	16	8	major	major	ADJ
aijbe-867	16	9	determinant	determinant	NOUN
aijbe-867	16	10	of	of	ADP
aijbe-867	16	11	economic	economic	ADJ
aijbe-867	16	12	growth	growth	NOUN
aijbe-867	16	13	in	in	ADP
aijbe-867	16	14	nigeria	nigeria	PROPN
aijbe-867	16	15	.	.	PUNCT
aijbe-867	17	1	it	it	PRON
aijbe-867	17	2	was	be	AUX
aijbe-867	17	3	recommended	recommend	VERB
aijbe-867	17	4	that	that	SCONJ
aijbe-867	17	5	all	all	DET
aijbe-867	17	6	brokerage	brokerage	NOUN
aijbe-867	17	7	firms	firm	NOUN
aijbe-867	17	8	and	and	CCONJ
aijbe-867	17	9	investment	investment	NOUN
aijbe-867	17	10	advisors	advisor	NOUN
aijbe-867	17	11	need	need	VERB
aijbe-867	17	12	to	to	PART
aijbe-867	17	13	conduct	conduct	VERB
aijbe-867	17	14	periodic	periodic	ADJ
aijbe-867	17	15	research	research	NOUN
aijbe-867	17	16	on	on	ADP
aijbe-867	17	17	macroeconomic	macroeconomic	ADJ
aijbe-867	17	18	environment	environment	NOUN
aijbe-867	17	19	and	and	CCONJ
aijbe-867	17	20	advise	advise	VERB
aijbe-867	17	21	their	their	PRON
aijbe-867	17	22	clients	client	NOUN
aijbe-867	17	23	accordingly	accordingly	ADV
aijbe-867	17	24	on	on	ADP
aijbe-867	17	25	the	the	DET
aijbe-867	17	26	best	good	ADJ
aijbe-867	17	27	counters	counter	NOUN
aijbe-867	17	28	to	to	PART
aijbe-867	17	29	invest	invest	VERB
aijbe-867	17	30	in	in	ADP
aijbe-867	17	31	owing	owe	VERB
aijbe-867	17	32	to	to	ADP
aijbe-867	17	33	the	the	DET
aijbe-867	17	34	various	various	ADJ
aijbe-867	17	35	influences	influence	NOUN
aijbe-867	17	36	by	by	ADP
aijbe-867	17	37	macroeconomic	macroeconomic	ADJ
aijbe-867	17	38	environment	environment	NOUN
aijbe-867	17	39	on	on	ADP
aijbe-867	17	40	the	the	DET
aijbe-867	17	41	stock	stock	NOUN
aijbe-867	17	42	market	market	NOUN
aijbe-867	17	43	performance	performance	NOUN
aijbe-867	17	44	.	.	PUNCT
aijbe-867	18	1	keywords	keyword	NOUN
aijbe-867	18	2	:	:	PUNCT
aijbe-867	18	3	oil	oil	NOUN
aijbe-867	18	4	,	,	PUNCT
aijbe-867	18	5	prices	price	NOUN
aijbe-867	18	6	,	,	PUNCT
aijbe-867	18	7	volatility	volatility	NOUN
aijbe-867	18	8	,	,	PUNCT
aijbe-867	18	9	stock	stock	NOUN
aijbe-867	18	10	,	,	PUNCT
aijbe-867	18	11	market	market	NOUN
aijbe-867	18	12	,	,	PUNCT
aijbe-867	18	13	returns	return	NOUN
aijbe-867	18	14	ikemenogo	ikemenogo	PROPN
aijbe-867	18	15	,	,	PUNCT
aijbe-867	18	16	eze	eze	PROPN
aijbe-867	18	17	solomon	solomon	PROPN
aijbe-867	18	18	(	(	PUNCT
aijbe-867	18	19	2024	2024	NUM
aijbe-867	18	20	)	)	PUNCT
aijbe-867	18	21	american	american	ADJ
aijbe-867	18	22	interdisciplinary	interdisciplinary	ADJ
aijbe-867	18	23	journal	journal	NOUN
aijbe-867	18	24	of	of	ADP
aijbe-867	18	25	business	business	NOUN
aijbe-867	18	26	and	and	CCONJ
aijbe-867	18	27	economics	economic	NOUN
aijbe-867	18	28	|	|	ADV
aijbe-867	18	29	36	36	NUM
aijbe-867	18	30	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	18	31	introduction	introduction	NOUN
aijbe-867	18	32	1.1	1.1	NUM
aijbe-867	18	33	background	background	NOUN
aijbe-867	18	34	of	of	ADP
aijbe-867	18	35	the	the	DET
aijbe-867	18	36	study	study	NOUN
aijbe-867	18	37	oil	oil	NOUN
aijbe-867	18	38	plays	play	VERB
aijbe-867	18	39	a	a	DET
aijbe-867	18	40	significant	significant	ADJ
aijbe-867	18	41	role	role	NOUN
aijbe-867	18	42	in	in	ADP
aijbe-867	18	43	the	the	DET
aijbe-867	18	44	global	global	ADJ
aijbe-867	18	45	economy	economy	NOUN
aijbe-867	18	46	,	,	PUNCT
aijbe-867	18	47	hence	hence	ADV
aijbe-867	18	48	there	there	PRON
aijbe-867	18	49	has	have	AUX
aijbe-867	18	50	been	be	AUX
aijbe-867	18	51	a	a	DET
aijbe-867	18	52	lot	lot	NOUN
aijbe-867	18	53	of	of	ADP
aijbe-867	18	54	research	research	NOUN
aijbe-867	18	55	done	do	VERB
aijbe-867	18	56	to	to	PART
aijbe-867	18	57	understand	understand	VERB
aijbe-867	18	58	the	the	DET
aijbe-867	18	59	financial	financial	ADJ
aijbe-867	18	60	and	and	CCONJ
aijbe-867	18	61	economic	economic	ADJ
aijbe-867	18	62	effects	effect	NOUN
aijbe-867	18	63	of	of	ADP
aijbe-867	18	64	fluctuations	fluctuation	NOUN
aijbe-867	18	65	in	in	ADP
aijbe-867	18	66	oil	oil	NOUN
aijbe-867	18	67	prices	price	NOUN
aijbe-867	18	68	.	.	PUNCT
aijbe-867	19	1	there	there	PRON
aijbe-867	19	2	is	be	VERB
aijbe-867	19	3	controversy	controversy	NOUN
aijbe-867	19	4	about	about	ADP
aijbe-867	19	5	the	the	DET
aijbe-867	19	6	relationship	relationship	NOUN
aijbe-867	19	7	between	between	ADP
aijbe-867	19	8	the	the	DET
aijbe-867	19	9	oil	oil	NOUN
aijbe-867	19	10	price	price	NOUN
aijbe-867	19	11	and	and	CCONJ
aijbe-867	19	12	the	the	DET
aijbe-867	19	13	stock	stock	NOUN
aijbe-867	19	14	market	market	NOUN
aijbe-867	19	15	returns	return	NOUN
aijbe-867	19	16	,	,	PUNCT
aijbe-867	19	17	making	make	VERB
aijbe-867	19	18	it	it	PRON
aijbe-867	19	19	an	an	DET
aijbe-867	19	20	unpredictable	unpredictable	ADJ
aijbe-867	19	21	factor	factor	NOUN
aijbe-867	19	22	in	in	ADP
aijbe-867	19	23	economic	economic	ADJ
aijbe-867	19	24	growth	growth	NOUN
aijbe-867	19	25	(	(	PUNCT
aijbe-867	19	26	ndlovu	ndlovu	NOUN
aijbe-867	19	27	,	,	PUNCT
aijbe-867	19	28	2019	2019	NUM
aijbe-867	19	29	)	)	PUNCT
aijbe-867	19	30	.	.	PUNCT
aijbe-867	20	1	oil	oil	NOUN
aijbe-867	20	2	is	be	AUX
aijbe-867	20	3	a	a	DET
aijbe-867	20	4	major	major	ADJ
aijbe-867	20	5	source	source	NOUN
aijbe-867	20	6	of	of	ADP
aijbe-867	20	7	energy	energy	NOUN
aijbe-867	20	8	globally	globally	ADV
aijbe-867	20	9	and	and	CCONJ
aijbe-867	20	10	a	a	DET
aijbe-867	20	11	crucial	crucial	ADJ
aijbe-867	20	12	element	element	NOUN
aijbe-867	20	13	of	of	ADP
aijbe-867	20	14	nigeria	nigeria	PROPN
aijbe-867	20	15	's	's	PART
aijbe-867	20	16	economy	economy	NOUN
aijbe-867	20	17	,	,	PUNCT
aijbe-867	20	18	significantly	significantly	ADV
aijbe-867	20	19	influencing	influence	VERB
aijbe-867	20	20	its	its	PRON
aijbe-867	20	21	economic	economic	ADJ
aijbe-867	20	22	and	and	CCONJ
aijbe-867	20	23	political	political	ADJ
aijbe-867	20	24	landscape	landscape	NOUN
aijbe-867	20	25	.	.	PUNCT
aijbe-867	21	1	although	although	SCONJ
aijbe-867	21	2	nigeria	nigeria	PROPN
aijbe-867	21	3	’s	’s	PART
aijbe-867	21	4	oil	oil	NOUN
aijbe-867	21	5	industry	industry	NOUN
aijbe-867	21	6	dates	date	VERB
aijbe-867	21	7	to	to	ADP
aijbe-867	21	8	the	the	DET
aijbe-867	21	9	early	early	ADJ
aijbe-867	21	10	20th	20th	ADJ
aijbe-867	21	11	century	century	NOUN
aijbe-867	21	12	,	,	PUNCT
aijbe-867	21	13	it	it	PRON
aijbe-867	21	14	was	be	AUX
aijbe-867	21	15	not	not	PART
aijbe-867	21	16	until	until	ADP
aijbe-867	21	17	after	after	ADP
aijbe-867	21	18	the	the	DET
aijbe-867	21	19	nigerian	nigerian	ADJ
aijbe-867	21	20	civil	civil	ADJ
aijbe-867	21	21	war	war	NOUN
aijbe-867	21	22	(	(	PUNCT
aijbe-867	21	23	1967	1967	NUM
aijbe-867	21	24	-	-	SYM
aijbe-867	21	25	1970	1970	NUM
aijbe-867	21	26	)	)	PUNCT
aijbe-867	21	27	that	that	SCONJ
aijbe-867	21	28	oil	oil	NOUN
aijbe-867	21	29	began	begin	VERB
aijbe-867	21	30	to	to	PART
aijbe-867	21	31	dominate	dominate	VERB
aijbe-867	21	32	the	the	DET
aijbe-867	21	33	economic	economic	ADJ
aijbe-867	21	34	sphere	sphere	NOUN
aijbe-867	21	35	.	.	PUNCT
aijbe-867	22	1	the	the	DET
aijbe-867	22	2	discovery	discovery	NOUN
aijbe-867	22	3	of	of	ADP
aijbe-867	22	4	crude	crude	ADJ
aijbe-867	22	5	oil	oil	NOUN
aijbe-867	22	6	has	have	AUX
aijbe-867	22	7	had	have	VERB
aijbe-867	22	8	both	both	CCONJ
aijbe-867	22	9	positive	positive	ADJ
aijbe-867	22	10	and	and	CCONJ
aijbe-867	22	11	negative	negative	ADJ
aijbe-867	22	12	impacts	impact	NOUN
aijbe-867	22	13	on	on	ADP
aijbe-867	22	14	nigeria	nigeria	PROPN
aijbe-867	22	15	's	's	PART
aijbe-867	22	16	economy	economy	NOUN
aijbe-867	22	17	.	.	PUNCT
aijbe-867	23	1	the	the	DET
aijbe-867	23	2	oil	oil	NOUN
aijbe-867	23	3	sector	sector	NOUN
aijbe-867	23	4	contributes	contribute	VERB
aijbe-867	23	5	approximately	approximately	ADV
aijbe-867	23	6	90	90	NUM
aijbe-867	23	7	%	%	NOUN
aijbe-867	23	8	of	of	ADP
aijbe-867	23	9	nigeria	nigeria	PROPN
aijbe-867	23	10	’s	’s	PART
aijbe-867	23	11	total	total	ADJ
aijbe-867	23	12	revenue	revenue	NOUN
aijbe-867	23	13	.	.	PUNCT
aijbe-867	24	1	it	it	PRON
aijbe-867	24	2	generates	generate	VERB
aijbe-867	24	3	employment	employment	NOUN
aijbe-867	24	4	opportunities	opportunity	NOUN
aijbe-867	24	5	,	,	PUNCT
aijbe-867	24	6	boosts	boost	VERB
aijbe-867	24	7	foreign	foreign	ADJ
aijbe-867	24	8	exchange	exchange	NOUN
aijbe-867	24	9	reserves	reserve	NOUN
aijbe-867	24	10	,	,	PUNCT
aijbe-867	24	11	and	and	CCONJ
aijbe-867	24	12	supplies	supply	VERB
aijbe-867	24	13	energy	energy	NOUN
aijbe-867	24	14	to	to	ADP
aijbe-867	24	15	various	various	ADJ
aijbe-867	24	16	industries	industry	NOUN
aijbe-867	24	17	and	and	CCONJ
aijbe-867	24	18	commerce	commerce	PROPN
aijbe-867	24	19	.	.	PUNCT
aijbe-867	25	1	nigeria	nigeria	PROPN
aijbe-867	25	2	joined	join	VERB
aijbe-867	25	3	the	the	DET
aijbe-867	25	4	organization	organization	NOUN
aijbe-867	25	5	of	of	ADP
aijbe-867	25	6	petroleum	petroleum	NOUN
aijbe-867	25	7	exporting	export	VERB
aijbe-867	25	8	countries	country	NOUN
aijbe-867	25	9	(	(	PUNCT
aijbe-867	25	10	opec	opec	PROPN
aijbe-867	25	11	)	)	PUNCT
aijbe-867	25	12	in	in	ADP
aijbe-867	25	13	1971	1971	NUM
aijbe-867	25	14	and	and	CCONJ
aijbe-867	25	15	established	establish	VERB
aijbe-867	25	16	the	the	DET
aijbe-867	25	17	nigerian	nigerian	ADJ
aijbe-867	25	18	national	national	ADJ
aijbe-867	25	19	petroleum	petroleum	NOUN
aijbe-867	25	20	corporation	corporation	NOUN
aijbe-867	25	21	(	(	PUNCT
aijbe-867	25	22	nnpc	nnpc	NOUN
aijbe-867	25	23	)	)	PUNCT
aijbe-867	25	24	in	in	ADP
aijbe-867	25	25	1977	1977	NUM
aijbe-867	25	26	,	,	PUNCT
aijbe-867	25	27	a	a	DET
aijbe-867	25	28	statecontrolled	statecontrolle	VERB
aijbe-867	25	29	entity	entity	NOUN
aijbe-867	25	30	involved	involve	VERB
aijbe-867	25	31	in	in	ADP
aijbe-867	25	32	both	both	CCONJ
aijbe-867	25	33	the	the	DET
aijbe-867	25	34	upstream	upstream	ADJ
aijbe-867	25	35	and	and	CCONJ
aijbe-867	25	36	downstream	downstream	ADJ
aijbe-867	25	37	sectors	sector	NOUN
aijbe-867	25	38	(	(	PUNCT
aijbe-867	25	39	blair	blair	PROPN
aijbe-867	25	40	,	,	PUNCT
aijbe-867	25	41	1976	1976	NUM
aijbe-867	25	42	)	)	PUNCT
aijbe-867	25	43	,	,	PUNCT
aijbe-867	25	44	following	follow	VERB
aijbe-867	25	45	the	the	DET
aijbe-867	25	46	discovery	discovery	NOUN
aijbe-867	25	47	of	of	ADP
aijbe-867	25	48	crude	crude	ADJ
aijbe-867	25	49	oil	oil	NOUN
aijbe-867	25	50	by	by	ADP
aijbe-867	25	51	shell	shell	NOUN
aijbe-867	25	52	d’arcy	d’arcy	PROPN
aijbe-867	25	53	petroleum	petroleum	NOUN
aijbe-867	25	54	,	,	PUNCT
aijbe-867	25	55	pioneer	pioneer	NOUN
aijbe-867	25	56	production	production	NOUN
aijbe-867	25	57	commenced	commence	VERB
aijbe-867	25	58	in	in	ADP
aijbe-867	25	59	1958	1958	NUM
aijbe-867	25	60	from	from	ADP
aijbe-867	25	61	an	an	DET
aijbe-867	25	62	oil	oil	NOUN
aijbe-867	25	63	field	field	NOUN
aijbe-867	25	64	in	in	ADP
aijbe-867	25	65	oloibiri	oloibiri	NOUN
aijbe-867	25	66	,	,	PUNCT
aijbe-867	25	67	eastern	eastern	ADJ
aijbe-867	25	68	niger	niger	PROPN
aijbe-867	25	69	delta	delta	NOUN
aijbe-867	25	70	.	.	PUNCT
aijbe-867	26	1	on	on	ADP
aijbe-867	26	2	the	the	DET
aijbe-867	26	3	negative	negative	ADJ
aijbe-867	26	4	side	side	NOUN
aijbe-867	26	5	,	,	PUNCT
aijbe-867	26	6	oil	oil	NOUN
aijbe-867	26	7	exploitation	exploitation	NOUN
aijbe-867	26	8	has	have	AUX
aijbe-867	26	9	led	lead	VERB
aijbe-867	26	10	to	to	ADP
aijbe-867	26	11	significant	significant	ADJ
aijbe-867	26	12	environmental	environmental	ADJ
aijbe-867	26	13	degradation	degradation	NOUN
aijbe-867	26	14	in	in	ADP
aijbe-867	26	15	surrounding	surround	VERB
aijbe-867	26	16	communities	community	NOUN
aijbe-867	26	17	.	.	PUNCT
aijbe-867	27	1	this	this	PRON
aijbe-867	27	2	has	have	AUX
aijbe-867	27	3	caused	cause	VERB
aijbe-867	27	4	a	a	DET
aijbe-867	27	5	loss	loss	NOUN
aijbe-867	27	6	of	of	ADP
aijbe-867	27	7	livelihood	livelihood	NOUN
aijbe-867	27	8	and	and	CCONJ
aijbe-867	27	9	other	other	ADJ
aijbe-867	27	10	economic	economic	ADJ
aijbe-867	27	11	and	and	CCONJ
aijbe-867	27	12	social	social	ADJ
aijbe-867	27	13	challenges	challenge	NOUN
aijbe-867	27	14	.	.	PUNCT
aijbe-867	28	1	despite	despite	SCONJ
aijbe-867	28	2	nnpc	nnpc	NOUN
aijbe-867	28	3	’s	’s	PART
aijbe-867	28	4	efforts	effort	NOUN
aijbe-867	28	5	to	to	PART
aijbe-867	28	6	maximize	maximize	VERB
aijbe-867	28	7	capacity	capacity	NOUN
aijbe-867	28	8	and	and	CCONJ
aijbe-867	28	9	improve	improve	VERB
aijbe-867	28	10	petroleum	petroleum	NOUN
aijbe-867	28	11	product	product	NOUN
aijbe-867	28	12	distribution	distribution	NOUN
aijbe-867	28	13	,	,	PUNCT
aijbe-867	28	14	inefficiencies	inefficiency	NOUN
aijbe-867	28	15	persist	persist	VERB
aijbe-867	28	16	,	,	PUNCT
aijbe-867	28	17	leading	lead	VERB
aijbe-867	28	18	to	to	ADP
aijbe-867	28	19	inconsistent	inconsistent	ADJ
aijbe-867	28	20	supply	supply	NOUN
aijbe-867	28	21	and	and	CCONJ
aijbe-867	28	22	allocation	allocation	NOUN
aijbe-867	28	23	issues	issue	NOUN
aijbe-867	28	24	.	.	PUNCT
aijbe-867	29	1	crude	crude	ADJ
aijbe-867	29	2	oil	oil	NOUN
aijbe-867	29	3	prices	price	NOUN
aijbe-867	29	4	have	have	AUX
aijbe-867	29	5	experienced	experience	VERB
aijbe-867	29	6	significant	significant	ADJ
aijbe-867	29	7	volatility	volatility	NOUN
aijbe-867	29	8	over	over	ADP
aijbe-867	29	9	time	time	NOUN
aijbe-867	29	10	.	.	PUNCT
aijbe-867	30	1	according	accord	VERB
aijbe-867	30	2	to	to	ADP
aijbe-867	30	3	olayungbo	olayungbo	PROPN
aijbe-867	30	4	and	and	CCONJ
aijbe-867	30	5	ojeyinka	ojeyinka	ADJ
aijbe-867	30	6	(	(	PUNCT
aijbe-867	30	7	2021	2021	NUM
aijbe-867	30	8	)	)	PUNCT
aijbe-867	30	9	,	,	PUNCT
aijbe-867	30	10	the	the	DET
aijbe-867	30	11	first	first	ADJ
aijbe-867	30	12	major	major	ADJ
aijbe-867	30	13	global	global	ADJ
aijbe-867	30	14	oil	oil	NOUN
aijbe-867	30	15	price	price	NOUN
aijbe-867	30	16	shock	shock	NOUN
aijbe-867	30	17	occurred	occur	VERB
aijbe-867	30	18	from	from	ADP
aijbe-867	30	19	1973	1973	NUM
aijbe-867	30	20	to	to	ADP
aijbe-867	30	21	1974	1974	NUM
aijbe-867	30	22	,	,	PUNCT
aijbe-867	30	23	when	when	SCONJ
aijbe-867	30	24	prices	price	NOUN
aijbe-867	30	25	surged	surge	VERB
aijbe-867	30	26	from	from	ADP
aijbe-867	30	27	$	$	SYM
aijbe-867	30	28	3	3	NUM
aijbe-867	30	29	to	to	PART
aijbe-867	30	30	$	$	SYM
aijbe-867	30	31	12	12	NUM
aijbe-867	30	32	per	per	ADP
aijbe-867	30	33	barrel	barrel	NOUN
aijbe-867	30	34	due	due	ADP
aijbe-867	30	35	to	to	ADP
aijbe-867	30	36	the	the	DET
aijbe-867	30	37	arabian	arabian	ADJ
aijbe-867	30	38	embargo	embargo	NOUN
aijbe-867	30	39	.	.	PUNCT
aijbe-867	31	1	the	the	DET
aijbe-867	31	2	second	second	ADJ
aijbe-867	31	3	shock	shock	NOUN
aijbe-867	31	4	occurred	occur	VERB
aijbe-867	31	5	between	between	ADP
aijbe-867	31	6	1978	1978	NUM
aijbe-867	31	7	and	and	CCONJ
aijbe-867	31	8	1979	1979	NUM
aijbe-867	31	9	during	during	ADP
aijbe-867	31	10	the	the	DET
aijbe-867	31	11	iranian	iranian	ADJ
aijbe-867	31	12	revolution	revolution	PROPN
aijbe-867	31	13	,	,	PUNCT
aijbe-867	31	14	with	with	ADP
aijbe-867	31	15	prices	price	NOUN
aijbe-867	31	16	rising	rise	VERB
aijbe-867	31	17	from	from	ADP
aijbe-867	31	18	$	$	SYM
aijbe-867	31	19	12	12	NUM
aijbe-867	31	20	to	to	PART
aijbe-867	31	21	$	$	SYM
aijbe-867	31	22	18	18	NUM
aijbe-867	31	23	per	per	ADP
aijbe-867	31	24	barrel	barrel	NOUN
aijbe-867	31	25	.	.	PUNCT
aijbe-867	32	1	the	the	DET
aijbe-867	32	2	third	third	ADJ
aijbe-867	32	3	shock	shock	NOUN
aijbe-867	32	4	took	take	VERB
aijbe-867	32	5	place	place	NOUN
aijbe-867	32	6	during	during	ADP
aijbe-867	32	7	the	the	DET
aijbe-867	32	8	iraq	iraq	PROPN
aijbe-867	32	9	-	-	PUNCT
aijbe-867	32	10	iran	iran	PROPN
aijbe-867	32	11	conflict	conflict	NOUN
aijbe-867	32	12	(	(	PUNCT
aijbe-867	32	13	19801990	19801990	NUM
aijbe-867	32	14	)	)	PUNCT
aijbe-867	32	15	,	,	PUNCT
aijbe-867	32	16	which	which	PRON
aijbe-867	32	17	saw	see	VERB
aijbe-867	32	18	oil	oil	NOUN
aijbe-867	32	19	prices	price	NOUN
aijbe-867	32	20	increase	increase	VERB
aijbe-867	32	21	from	from	ADP
aijbe-867	32	22	$	$	SYM
aijbe-867	32	23	28	28	NUM
aijbe-867	32	24	to	to	PART
aijbe-867	32	25	$	$	SYM
aijbe-867	32	26	40	40	NUM
aijbe-867	32	27	per	per	ADP
aijbe-867	32	28	barrel	barrel	NOUN
aijbe-867	32	29	.	.	PUNCT
aijbe-867	33	1	the	the	DET
aijbe-867	33	2	2008	2008	NUM
aijbe-867	33	3	-	-	SYM
aijbe-867	33	4	2009	2009	NUM
aijbe-867	33	5	global	global	ADJ
aijbe-867	33	6	financial	financial	ADJ
aijbe-867	33	7	crisis	crisis	NOUN
aijbe-867	33	8	caused	cause	VERB
aijbe-867	33	9	oil	oil	NOUN
aijbe-867	33	10	prices	price	NOUN
aijbe-867	33	11	to	to	PART
aijbe-867	33	12	plummet	plummet	VERB
aijbe-867	33	13	from	from	ADP
aijbe-867	33	14	$	$	SYM
aijbe-867	33	15	100	100	NUM
aijbe-867	33	16	to	to	PART
aijbe-867	33	17	$	$	SYM
aijbe-867	33	18	47	47	NUM
aijbe-867	33	19	per	per	ADP
aijbe-867	33	20	barrel	barrel	NOUN
aijbe-867	33	21	.	.	PUNCT
aijbe-867	34	1	the	the	DET
aijbe-867	34	2	nigerian	nigerian	ADJ
aijbe-867	34	3	stock	stock	NOUN
aijbe-867	34	4	exchange	exchange	PROPN
aijbe-867	34	5	(	(	PUNCT
aijbe-867	34	6	nse	nse	NOUN
aijbe-867	34	7	)	)	PUNCT
aijbe-867	34	8	,	,	PUNCT
aijbe-867	34	9	established	establish	VERB
aijbe-867	34	10	in	in	ADP
aijbe-867	34	11	1960	1960	NUM
aijbe-867	34	12	and	and	CCONJ
aijbe-867	34	13	renamed	rename	VERB
aijbe-867	34	14	in	in	ADP
aijbe-867	34	15	1977	1977	NUM
aijbe-867	34	16	,	,	PUNCT
aijbe-867	34	17	is	be	AUX
aijbe-867	34	18	a	a	DET
aijbe-867	34	19	critical	critical	ADJ
aijbe-867	34	20	institution	institution	NOUN
aijbe-867	34	21	in	in	ADP
aijbe-867	34	22	nigeria	nigeria	PROPN
aijbe-867	34	23	's	's	PART
aijbe-867	34	24	capital	capital	NOUN
aijbe-867	34	25	market	market	NOUN
aijbe-867	34	26	.	.	PUNCT
aijbe-867	35	1	it	it	PRON
aijbe-867	35	2	has	have	VERB
aijbe-867	35	3	branches	branch	NOUN
aijbe-867	35	4	in	in	ADP
aijbe-867	35	5	major	major	ADJ
aijbe-867	35	6	cities	city	NOUN
aijbe-867	35	7	,	,	PUNCT
aijbe-867	35	8	with	with	ADP
aijbe-867	35	9	its	its	PRON
aijbe-867	35	10	head	head	NOUN
aijbe-867	35	11	office	office	NOUN
aijbe-867	35	12	in	in	ADP
aijbe-867	35	13	lagos	lago	NOUN
aijbe-867	35	14	and	and	CCONJ
aijbe-867	35	15	another	another	DET
aijbe-867	35	16	office	office	NOUN
aijbe-867	35	17	in	in	ADP
aijbe-867	35	18	abuja	abuja	PROPN
aijbe-867	35	19	(	(	PUNCT
aijbe-867	35	20	akigbo	akigbo	VERB
aijbe-867	35	21	,	,	PUNCT
aijbe-867	35	22	1996	1996	NUM
aijbe-867	35	23	)	)	PUNCT
aijbe-867	35	24	.	.	PUNCT
aijbe-867	36	1	the	the	DET
aijbe-867	36	2	nse	nse	NOUN
aijbe-867	36	3	opened	open	VERB
aijbe-867	36	4	in	in	ADP
aijbe-867	36	5	1961	1961	NUM
aijbe-867	36	6	with	with	ADP
aijbe-867	36	7	19	19	NUM
aijbe-867	36	8	listed	list	VERB
aijbe-867	36	9	equities	equity	NOUN
aijbe-867	36	10	.	.	PUNCT
aijbe-867	37	1	today	today	NOUN
aijbe-867	37	2	,	,	PUNCT
aijbe-867	37	3	it	it	PRON
aijbe-867	37	4	lists	list	VERB
aijbe-867	37	5	328	328	NUM
aijbe-867	37	6	securities	security	NOUN
aijbe-867	37	7	with	with	ADP
aijbe-867	37	8	a	a	DET
aijbe-867	37	9	total	total	ADJ
aijbe-867	37	10	market	market	NOUN
aijbe-867	37	11	value	value	NOUN
aijbe-867	37	12	of	of	ADP
aijbe-867	37	13	approximately	approximately	ADV
aijbe-867	37	14	n28.26	n28.26	ADJ
aijbe-867	37	15	trillion	trillion	NUM
aijbe-867	37	16	as	as	ADP
aijbe-867	37	17	of	of	ADP
aijbe-867	37	18	january	january	PROPN
aijbe-867	37	19	2020	2020	NUM
aijbe-867	37	20	(	(	PUNCT
aijbe-867	37	21	akigbo	akigbo	VERB
aijbe-867	37	22	,	,	PUNCT
aijbe-867	37	23	1996	1996	NUM
aijbe-867	37	24	)	)	PUNCT
aijbe-867	37	25	.	.	PUNCT
aijbe-867	38	1	the	the	DET
aijbe-867	38	2	nse	nse	NOUN
aijbe-867	38	3	and	and	CCONJ
aijbe-867	38	4	the	the	DET
aijbe-867	38	5	securities	securities	PROPN
aijbe-867	38	6	&	&	CCONJ
aijbe-867	38	7	exchange	exchange	PROPN
aijbe-867	38	8	commission	commission	PROPN
aijbe-867	38	9	(	(	PUNCT
aijbe-867	38	10	sec	sec	PROPN
aijbe-867	38	11	)	)	PUNCT
aijbe-867	38	12	,	,	PUNCT
aijbe-867	38	13	which	which	PRON
aijbe-867	38	14	enforces	enforce	VERB
aijbe-867	38	15	the	the	DET
aijbe-867	38	16	investments	investment	NOUN
aijbe-867	38	17	&	&	CCONJ
aijbe-867	38	18	securities	security	NOUN
aijbe-867	38	19	decree	decree	NOUN
aijbe-867	38	20	1999	1999	NUM
aijbe-867	38	21	,	,	PUNCT
aijbe-867	38	22	regulate	regulate	VERB
aijbe-867	38	23	transactions	transaction	NOUN
aijbe-867	38	24	on	on	ADP
aijbe-867	38	25	the	the	DET
aijbe-867	38	26	exchange	exchange	NOUN
aijbe-867	38	27	.	.	PUNCT
aijbe-867	39	1	the	the	DET
aijbe-867	39	2	deregulation	deregulation	NOUN
aijbe-867	39	3	of	of	ADP
aijbe-867	39	4	nigeria	nigeria	PROPN
aijbe-867	39	5	's	's	PART
aijbe-867	39	6	capital	capital	NOUN
aijbe-867	39	7	market	market	NOUN
aijbe-867	39	8	in	in	ADP
aijbe-867	39	9	1993	1993	NUM
aijbe-867	39	10	and	and	CCONJ
aijbe-867	39	11	the	the	DET
aijbe-867	39	12	repeal	repeal	NOUN
aijbe-867	39	13	of	of	ADP
aijbe-867	39	14	foreign	foreign	ADJ
aijbe-867	39	15	participation	participation	NOUN
aijbe-867	39	16	restrictions	restriction	NOUN
aijbe-867	39	17	in	in	ADP
aijbe-867	39	18	1995	1995	NUM
aijbe-867	39	19	allowed	allow	VERB
aijbe-867	39	20	foreigners	foreigner	NOUN
aijbe-867	39	21	to	to	PART
aijbe-867	39	22	engage	engage	VERB
aijbe-867	39	23	as	as	ADP
aijbe-867	39	24	operators	operator	NOUN
aijbe-867	39	25	and	and	CCONJ
aijbe-867	39	26	investors	investor	NOUN
aijbe-867	39	27	.	.	PUNCT
aijbe-867	40	1	since	since	SCONJ
aijbe-867	40	2	1987	1987	NUM
aijbe-867	40	3	,	,	PUNCT
aijbe-867	40	4	the	the	DET
aijbe-867	40	5	nse	nse	NOUN
aijbe-867	40	6	has	have	AUX
aijbe-867	40	7	been	be	AUX
aijbe-867	40	8	a	a	DET
aijbe-867	40	9	part	part	NOUN
aijbe-867	40	10	of	of	ADP
aijbe-867	40	11	the	the	DET
aijbe-867	40	12	reuters	reuters	PROPN
aijbe-867	40	13	electronic	electronic	ADJ
aijbe-867	40	14	contributor	contributor	NOUN
aijbe-867	40	15	system	system	NOUN
aijbe-867	40	16	,	,	PUNCT
aijbe-867	40	17	facilitating	facilitate	VERB
aijbe-867	40	18	global	global	ADJ
aijbe-867	40	19	distribution	distribution	NOUN
aijbe-867	40	20	of	of	ADP
aijbe-867	40	21	stock	stock	NOUN
aijbe-867	40	22	market	market	NOUN
aijbe-867	40	23	data	datum	NOUN
aijbe-867	40	24	,	,	PUNCT
aijbe-867	40	25	trade	trade	NOUN
aijbe-867	40	26	statistics	statistic	NOUN
aijbe-867	40	27	,	,	PUNCT
aijbe-867	40	28	and	and	CCONJ
aijbe-867	40	29	company	company	NOUN
aijbe-867	40	30	news	news	NOUN
aijbe-867	40	31	.	.	PUNCT
aijbe-867	41	1	the	the	DET
aijbe-867	41	2	primary	primary	ADJ
aijbe-867	41	3	objectives	objective	NOUN
aijbe-867	41	4	of	of	ADP
aijbe-867	41	5	the	the	DET
aijbe-867	41	6	nse	nse	NOUN
aijbe-867	41	7	include	include	VERB
aijbe-867	41	8	developing	develop	VERB
aijbe-867	41	9	a	a	DET
aijbe-867	41	10	system	system	NOUN
aijbe-867	41	11	for	for	ADP
aijbe-867	41	12	capital	capital	NOUN
aijbe-867	41	13	formation	formation	NOUN
aijbe-867	41	14	,	,	PUNCT
aijbe-867	41	15	offering	offer	VERB
aijbe-867	41	16	efficient	efficient	ADJ
aijbe-867	41	17	resource	resource	NOUN
aijbe-867	41	18	allocation	allocation	NOUN
aijbe-867	41	19	,	,	PUNCT
aijbe-867	41	20	providing	provide	VERB
aijbe-867	41	21	unique	unique	ADJ
aijbe-867	41	22	financing	financing	NOUN
aijbe-867	41	23	options	option	NOUN
aijbe-867	41	24	,	,	PUNCT
aijbe-867	41	25	maintaining	maintain	VERB
aijbe-867	41	26	market	market	NOUN
aijbe-867	41	27	discipline	discipline	NOUN
aijbe-867	41	28	,	,	PUNCT
aijbe-867	41	29	and	and	CCONJ
aijbe-867	41	30	broadening	broaden	VERB
aijbe-867	41	31	share	share	NOUN
aijbe-867	41	32	ownership	ownership	NOUN
aijbe-867	41	33	(	(	PUNCT
aijbe-867	41	34	akigbo	akigbo	VERB
aijbe-867	41	35	,	,	PUNCT
aijbe-867	41	36	1996	1996	NUM
aijbe-867	41	37	)	)	PUNCT
aijbe-867	41	38	.	.	PUNCT
aijbe-867	42	1	the	the	DET
aijbe-867	42	2	influence	influence	NOUN
aijbe-867	42	3	of	of	ADP
aijbe-867	42	4	oil	oil	NOUN
aijbe-867	42	5	price	price	NOUN
aijbe-867	42	6	volatility	volatility	NOUN
aijbe-867	42	7	on	on	ADP
aijbe-867	42	8	the	the	DET
aijbe-867	42	9	capital	capital	NOUN
aijbe-867	42	10	market	market	NOUN
aijbe-867	42	11	is	be	AUX
aijbe-867	42	12	significant	significant	ADJ
aijbe-867	42	13	.	.	PUNCT
aijbe-867	43	1	oil	oil	NOUN
aijbe-867	43	2	price	price	NOUN
aijbe-867	43	3	fluctuations	fluctuation	NOUN
aijbe-867	43	4	impact	impact	VERB
aijbe-867	43	5	the	the	DET
aijbe-867	43	6	stock	stock	NOUN
aijbe-867	43	7	market	market	NOUN
aijbe-867	43	8	by	by	ADP
aijbe-867	43	9	reflecting	reflect	VERB
aijbe-867	43	10	the	the	DET
aijbe-867	43	11	market	market	NOUN
aijbe-867	43	12	's	's	PART
aijbe-867	43	13	expectations	expectation	NOUN
aijbe-867	43	14	of	of	ADP
aijbe-867	43	15	future	future	ADJ
aijbe-867	43	16	profitability	profitability	NOUN
aijbe-867	43	17	(	(	PUNCT
aijbe-867	43	18	akigbo	akigbo	VERB
aijbe-867	43	19	,	,	PUNCT
aijbe-867	43	20	2014	2014	NUM
aijbe-867	43	21	)	)	PUNCT
aijbe-867	43	22	.	.	PUNCT
aijbe-867	44	1	the	the	DET
aijbe-867	44	2	stock	stock	NOUN
aijbe-867	44	3	market	market	NOUN
aijbe-867	44	4	absorbs	absorb	VERB
aijbe-867	44	5	the	the	DET
aijbe-867	44	6	current	current	ADJ
aijbe-867	44	7	and	and	CCONJ
aijbe-867	44	8	expected	expect	VERB
aijbe-867	44	9	future	future	ADJ
aijbe-867	44	10	impacts	impact	NOUN
aijbe-867	44	11	of	of	ADP
aijbe-867	44	12	oil	oil	NOUN
aijbe-867	44	13	price	price	NOUN
aijbe-867	44	14	shocks	shock	NOUN
aijbe-867	44	15	,	,	PUNCT
aijbe-867	44	16	which	which	PRON
aijbe-867	44	17	are	be	AUX
aijbe-867	44	18	reflected	reflect	VERB
aijbe-867	44	19	in	in	ADP
aijbe-867	44	20	stock	stock	NOUN
aijbe-867	44	21	prices	price	NOUN
aijbe-867	44	22	and	and	CCONJ
aijbe-867	44	23	returns	return	NOUN
aijbe-867	44	24	.	.	PUNCT
aijbe-867	45	1	with	with	ADP
aijbe-867	45	2	oil	oil	NOUN
aijbe-867	45	3	production	production	NOUN
aijbe-867	45	4	and	and	CCONJ
aijbe-867	45	5	exportation	exportation	NOUN
aijbe-867	45	6	playing	play	VERB
aijbe-867	45	7	a	a	DET
aijbe-867	45	8	crucial	crucial	ADJ
aijbe-867	45	9	role	role	NOUN
aijbe-867	45	10	in	in	ADP
aijbe-867	45	11	driving	drive	VERB
aijbe-867	45	12	economic	economic	ADJ
aijbe-867	45	13	growth	growth	NOUN
aijbe-867	45	14	and	and	CCONJ
aijbe-867	45	15	development	development	NOUN
aijbe-867	45	16	,	,	PUNCT
aijbe-867	45	17	the	the	DET
aijbe-867	45	18	volatility	volatility	NOUN
aijbe-867	45	19	of	of	ADP
aijbe-867	45	20	oil	oil	NOUN
aijbe-867	45	21	prices	price	NOUN
aijbe-867	45	22	has	have	AUX
aijbe-867	45	23	been	be	AUX
aijbe-867	45	24	a	a	DET
aijbe-867	45	25	subject	subject	NOUN
aijbe-867	45	26	of	of	ADP
aijbe-867	45	27	great	great	ADJ
aijbe-867	45	28	importance	importance	NOUN
aijbe-867	45	29	in	in	ADP
aijbe-867	45	30	the	the	DET
aijbe-867	45	31	country	country	NOUN
aijbe-867	45	32	's	's	PART
aijbe-867	45	33	ikemenogo	ikemenogo	PROPN
aijbe-867	45	34	,	,	PUNCT
aijbe-867	45	35	eze	eze	PROPN
aijbe-867	45	36	solomon	solomon	PROPN
aijbe-867	45	37	(	(	PUNCT
aijbe-867	45	38	2024	2024	NUM
aijbe-867	45	39	)	)	PUNCT
aijbe-867	45	40	american	american	ADJ
aijbe-867	45	41	interdisciplinary	interdisciplinary	ADJ
aijbe-867	45	42	journal	journal	NOUN
aijbe-867	45	43	of	of	ADP
aijbe-867	45	44	business	business	NOUN
aijbe-867	45	45	and	and	CCONJ
aijbe-867	45	46	economics	economic	NOUN
aijbe-867	45	47	|	|	ADV
aijbe-867	45	48	37	37	NUM
aijbe-867	45	49	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	ADJ
aijbe-867	45	50	financial	financial	ADJ
aijbe-867	45	51	landscape	landscape	NOUN
aijbe-867	45	52	(	(	PUNCT
aijbe-867	45	53	wang	wang	PROPN
aijbe-867	45	54	et	et	PROPN
aijbe-867	45	55	al	al	PROPN
aijbe-867	45	56	,	,	PUNCT
aijbe-867	45	57	2022	2022	NUM
aijbe-867	45	58	)	)	PUNCT
aijbe-867	45	59	.	.	PUNCT
aijbe-867	46	1	over	over	ADP
aijbe-867	46	2	the	the	DET
aijbe-867	46	3	period	period	NOUN
aijbe-867	46	4	from	from	ADP
aijbe-867	46	5	1990	1990	NUM
aijbe-867	46	6	to	to	ADP
aijbe-867	46	7	2022	2022	NUM
aijbe-867	46	8	,	,	PUNCT
aijbe-867	46	9	nigeria	nigeria	PROPN
aijbe-867	46	10	experienced	experience	VERB
aijbe-867	46	11	notable	notable	ADJ
aijbe-867	46	12	fluctuations	fluctuation	NOUN
aijbe-867	46	13	in	in	ADP
aijbe-867	46	14	oil	oil	NOUN
aijbe-867	46	15	prices	price	NOUN
aijbe-867	46	16	,	,	PUNCT
aijbe-867	46	17	which	which	PRON
aijbe-867	46	18	,	,	PUNCT
aijbe-867	46	19	in	in	ADP
aijbe-867	46	20	turn	turn	NOUN
aijbe-867	46	21	,	,	PUNCT
aijbe-867	46	22	had	have	VERB
aijbe-867	46	23	a	a	DET
aijbe-867	46	24	profound	profound	ADJ
aijbe-867	46	25	impact	impact	NOUN
aijbe-867	46	26	on	on	ADP
aijbe-867	46	27	the	the	DET
aijbe-867	46	28	performance	performance	NOUN
aijbe-867	46	29	of	of	ADP
aijbe-867	46	30	its	its	PRON
aijbe-867	46	31	stock	stock	NOUN
aijbe-867	46	32	market	market	NOUN
aijbe-867	46	33	.	.	PUNCT
aijbe-867	47	1	the	the	DET
aijbe-867	47	2	effect	effect	NOUN
aijbe-867	47	3	of	of	ADP
aijbe-867	47	4	oil	oil	NOUN
aijbe-867	47	5	price	price	NOUN
aijbe-867	47	6	volatility	volatility	NOUN
aijbe-867	47	7	on	on	ADP
aijbe-867	47	8	the	the	DET
aijbe-867	47	9	economy	economy	NOUN
aijbe-867	47	10	is	be	AUX
aijbe-867	47	11	complex	complex	ADJ
aijbe-867	47	12	and	and	CCONJ
aijbe-867	47	13	unsettled	unsettle	VERB
aijbe-867	47	14	,	,	PUNCT
aijbe-867	47	15	with	with	ADP
aijbe-867	47	16	no	no	DET
aijbe-867	47	17	consensus	consensus	NOUN
aijbe-867	47	18	on	on	ADP
aijbe-867	47	19	the	the	DET
aijbe-867	47	20	relationship	relationship	NOUN
aijbe-867	47	21	between	between	ADP
aijbe-867	47	22	financial	financial	ADJ
aijbe-867	47	23	variables	variable	NOUN
aijbe-867	47	24	and	and	CCONJ
aijbe-867	47	25	oil	oil	NOUN
aijbe-867	47	26	prices	price	NOUN
aijbe-867	47	27	.	.	PUNCT
aijbe-867	48	1	researchers	researcher	NOUN
aijbe-867	48	2	like	like	ADP
aijbe-867	48	3	salisu	salisu	NOUN
aijbe-867	48	4	and	and	CCONJ
aijbe-867	48	5	oloko	oloko	NOUN
aijbe-867	48	6	(	(	PUNCT
aijbe-867	48	7	2015	2015	NUM
aijbe-867	48	8	)	)	PUNCT
aijbe-867	48	9	,	,	PUNCT
aijbe-867	48	10	babatunde	babatunde	PROPN
aijbe-867	48	11	et	et	PROPN
aijbe-867	48	12	al	al	PROPN
aijbe-867	48	13	.	.	PROPN
aijbe-867	49	1	(	(	PUNCT
aijbe-867	49	2	2013	2013	NUM
aijbe-867	49	3	)	)	PUNCT
aijbe-867	49	4	,	,	PUNCT
aijbe-867	49	5	and	and	CCONJ
aijbe-867	49	6	fowowe	fowowe	NOUN
aijbe-867	49	7	(	(	PUNCT
aijbe-867	49	8	2013	2013	NUM
aijbe-867	49	9	)	)	PUNCT
aijbe-867	49	10	argue	argue	VERB
aijbe-867	49	11	that	that	SCONJ
aijbe-867	49	12	there	there	PRON
aijbe-867	49	13	is	be	VERB
aijbe-867	49	14	a	a	DET
aijbe-867	49	15	direct	direct	ADJ
aijbe-867	49	16	relationship	relationship	NOUN
aijbe-867	49	17	between	between	ADP
aijbe-867	49	18	oil	oil	NOUN
aijbe-867	49	19	prices	price	NOUN
aijbe-867	49	20	and	and	CCONJ
aijbe-867	49	21	stock	stock	NOUN
aijbe-867	49	22	market	market	NOUN
aijbe-867	49	23	performance	performance	NOUN
aijbe-867	49	24	.	.	PUNCT
aijbe-867	50	1	this	this	DET
aijbe-867	50	2	study	study	NOUN
aijbe-867	50	3	aims	aim	VERB
aijbe-867	50	4	to	to	PART
aijbe-867	50	5	link	link	VERB
aijbe-867	50	6	these	these	DET
aijbe-867	50	7	variables	variable	NOUN
aijbe-867	50	8	,	,	PUNCT
aijbe-867	50	9	examining	examine	VERB
aijbe-867	50	10	the	the	DET
aijbe-867	50	11	impact	impact	NOUN
aijbe-867	50	12	of	of	ADP
aijbe-867	50	13	oil	oil	NOUN
aijbe-867	50	14	price	price	NOUN
aijbe-867	50	15	volatility	volatility	NOUN
aijbe-867	50	16	on	on	ADP
aijbe-867	50	17	stock	stock	NOUN
aijbe-867	50	18	market	market	NOUN
aijbe-867	50	19	returns	return	NOUN
aijbe-867	50	20	using	use	VERB
aijbe-867	50	21	disaggregated	disaggregate	VERB
aijbe-867	50	22	data	datum	NOUN
aijbe-867	50	23	.	.	PUNCT
aijbe-867	51	1	the	the	DET
aijbe-867	51	2	nigerian	nigerian	ADJ
aijbe-867	51	3	stock	stock	NOUN
aijbe-867	51	4	exchange	exchange	PROPN
aijbe-867	51	5	serves	serve	VERB
aijbe-867	51	6	as	as	ADP
aijbe-867	51	7	a	a	DET
aijbe-867	51	8	catalyst	catalyst	NOUN
aijbe-867	51	9	for	for	ADP
aijbe-867	51	10	mobilizing	mobilize	VERB
aijbe-867	51	11	and	and	CCONJ
aijbe-867	51	12	utilizing	utilize	VERB
aijbe-867	51	13	private	private	ADJ
aijbe-867	51	14	and	and	CCONJ
aijbe-867	51	15	public	public	ADJ
aijbe-867	51	16	savings	saving	NOUN
aijbe-867	51	17	for	for	ADP
aijbe-867	51	18	productive	productive	ADJ
aijbe-867	51	19	uses	use	NOUN
aijbe-867	51	20	(	(	PUNCT
aijbe-867	51	21	akigbo	akigbo	VERB
aijbe-867	51	22	,	,	PUNCT
aijbe-867	51	23	1996	1996	NUM
aijbe-867	51	24	)	)	PUNCT
aijbe-867	51	25	.	.	PUNCT
aijbe-867	52	1	fluctuations	fluctuation	NOUN
aijbe-867	52	2	in	in	ADP
aijbe-867	52	3	oil	oil	NOUN
aijbe-867	52	4	prices	price	NOUN
aijbe-867	52	5	can	can	AUX
aijbe-867	52	6	pose	pose	VERB
aijbe-867	52	7	threats	threat	NOUN
aijbe-867	52	8	to	to	ADP
aijbe-867	52	9	the	the	DET
aijbe-867	52	10	stock	stock	NOUN
aijbe-867	52	11	market	market	NOUN
aijbe-867	52	12	,	,	PUNCT
aijbe-867	52	13	given	give	VERB
aijbe-867	52	14	the	the	DET
aijbe-867	52	15	oil	oil	NOUN
aijbe-867	52	16	industry	industry	NOUN
aijbe-867	52	17	's	's	PART
aijbe-867	52	18	critical	critical	ADJ
aijbe-867	52	19	role	role	NOUN
aijbe-867	52	20	in	in	ADP
aijbe-867	52	21	providing	provide	VERB
aijbe-867	52	22	foreign	foreign	ADJ
aijbe-867	52	23	exchange	exchange	NOUN
aijbe-867	52	24	and	and	CCONJ
aijbe-867	52	25	total	total	ADJ
aijbe-867	52	26	revenue	revenue	NOUN
aijbe-867	52	27	for	for	ADP
aijbe-867	52	28	nigeria	nigeria	PROPN
aijbe-867	52	29	's	's	PART
aijbe-867	52	30	socio	socio	NOUN
aijbe-867	52	31	-	-	PUNCT
aijbe-867	52	32	political	political	ADJ
aijbe-867	52	33	and	and	CCONJ
aijbe-867	52	34	economic	economic	ADJ
aijbe-867	52	35	wellbeing	wellbeing	NOUN
aijbe-867	52	36	.	.	PUNCT
aijbe-867	53	1	1.2	1.2	NUM
aijbe-867	53	2	statement	statement	NOUN
aijbe-867	53	3	of	of	ADP
aijbe-867	53	4	the	the	DET
aijbe-867	53	5	problem	problem	NOUN
aijbe-867	53	6	oil	oil	NOUN
aijbe-867	53	7	discovery	discovery	NOUN
aijbe-867	53	8	in	in	ADP
aijbe-867	53	9	nigeria	nigeria	PROPN
aijbe-867	53	10	has	have	AUX
aijbe-867	53	11	driven	drive	VERB
aijbe-867	53	12	economic	economic	ADJ
aijbe-867	53	13	growth	growth	NOUN
aijbe-867	53	14	and	and	CCONJ
aijbe-867	53	15	infrastructural	infrastructural	ADJ
aijbe-867	53	16	development	development	NOUN
aijbe-867	53	17	but	but	CCONJ
aijbe-867	53	18	has	have	AUX
aijbe-867	53	19	also	also	ADV
aijbe-867	53	20	caused	cause	VERB
aijbe-867	53	21	significant	significant	ADJ
aijbe-867	53	22	environmental	environmental	ADJ
aijbe-867	53	23	harm	harm	NOUN
aijbe-867	53	24	,	,	PUNCT
aijbe-867	53	25	particularly	particularly	ADV
aijbe-867	53	26	water	water	NOUN
aijbe-867	53	27	pollution	pollution	NOUN
aijbe-867	53	28	that	that	PRON
aijbe-867	53	29	has	have	AUX
aijbe-867	53	30	devastated	devastate	VERB
aijbe-867	53	31	aquatic	aquatic	ADJ
aijbe-867	53	32	life	life	NOUN
aijbe-867	53	33	and	and	CCONJ
aijbe-867	53	34	stripped	strip	VERB
aijbe-867	53	35	local	local	ADJ
aijbe-867	53	36	fishermen	fisherman	NOUN
aijbe-867	53	37	of	of	ADP
aijbe-867	53	38	their	their	PRON
aijbe-867	53	39	livelihood	livelihood	NOUN
aijbe-867	53	40	.	.	PUNCT
aijbe-867	54	1	as	as	ADP
aijbe-867	54	2	a	a	DET
aijbe-867	54	3	mono	mono	NOUN
aijbe-867	54	4	-	-	PUNCT
aijbe-867	54	5	economy	economy	NOUN
aijbe-867	54	6	heavily	heavily	ADV
aijbe-867	54	7	reliant	reliant	ADJ
aijbe-867	54	8	on	on	ADP
aijbe-867	54	9	oil	oil	NOUN
aijbe-867	54	10	,	,	PUNCT
aijbe-867	54	11	nigeria	nigeria	PROPN
aijbe-867	54	12	's	's	PART
aijbe-867	54	13	macroeconomic	macroeconomic	ADJ
aijbe-867	54	14	stability	stability	NOUN
aijbe-867	54	15	is	be	AUX
aijbe-867	54	16	highly	highly	ADV
aijbe-867	54	17	sensitive	sensitive	ADJ
aijbe-867	54	18	to	to	ADP
aijbe-867	54	19	fluctuations	fluctuation	NOUN
aijbe-867	54	20	in	in	ADP
aijbe-867	54	21	oil	oil	NOUN
aijbe-867	54	22	demand	demand	NOUN
aijbe-867	54	23	and	and	CCONJ
aijbe-867	54	24	supply	supply	NOUN
aijbe-867	54	25	.	.	PUNCT
aijbe-867	55	1	the	the	DET
aijbe-867	55	2	1970s	1970	NOUN
aijbe-867	55	3	oil	oil	NOUN
aijbe-867	55	4	boom	boom	NOUN
aijbe-867	55	5	led	lead	VERB
aijbe-867	55	6	to	to	ADP
aijbe-867	55	7	the	the	DET
aijbe-867	55	8	neglect	neglect	NOUN
aijbe-867	55	9	of	of	ADP
aijbe-867	55	10	non	non	ADJ
aijbe-867	55	11	-	-	ADJ
aijbe-867	55	12	oil	oil	ADJ
aijbe-867	55	13	revenues	revenue	NOUN
aijbe-867	55	14	,	,	PUNCT
aijbe-867	55	15	an	an	DET
aijbe-867	55	16	expanding	expand	VERB
aijbe-867	55	17	public	public	ADJ
aijbe-867	55	18	sector	sector	NOUN
aijbe-867	55	19	,	,	PUNCT
aijbe-867	55	20	and	and	CCONJ
aijbe-867	55	21	poor	poor	ADJ
aijbe-867	55	22	financial	financial	ADJ
aijbe-867	55	23	discipline	discipline	NOUN
aijbe-867	55	24	,	,	PUNCT
aijbe-867	55	25	exposing	expose	VERB
aijbe-867	55	26	nigeria	nigeria	PRON
aijbe-867	55	27	to	to	ADP
aijbe-867	55	28	oil	oil	NOUN
aijbe-867	55	29	price	price	NOUN
aijbe-867	55	30	volatility	volatility	NOUN
aijbe-867	55	31	and	and	CCONJ
aijbe-867	55	32	financial	financial	ADJ
aijbe-867	55	33	instability	instability	NOUN
aijbe-867	55	34	.	.	PUNCT
aijbe-867	56	1	despite	despite	SCONJ
aijbe-867	56	2	the	the	DET
aijbe-867	56	3	efforts	effort	NOUN
aijbe-867	56	4	by	by	ADP
aijbe-867	56	5	various	various	ADJ
aijbe-867	56	6	governments	government	NOUN
aijbe-867	56	7	to	to	PART
aijbe-867	56	8	revive	revive	VERB
aijbe-867	56	9	agriculture	agriculture	NOUN
aijbe-867	56	10	and	and	CCONJ
aijbe-867	56	11	diversify	diversify	VERB
aijbe-867	56	12	the	the	DET
aijbe-867	56	13	economy	economy	NOUN
aijbe-867	56	14	which	which	PRON
aijbe-867	56	15	include	include	VERB
aijbe-867	56	16	initiatives	initiative	NOUN
aijbe-867	56	17	like	like	ADP
aijbe-867	56	18	operation	operation	NOUN
aijbe-867	56	19	feed	feed	VERB
aijbe-867	56	20	the	the	DET
aijbe-867	56	21	nation	nation	NOUN
aijbe-867	56	22	(	(	PUNCT
aijbe-867	56	23	ofn	ofn	PROPN
aijbe-867	56	24	)	)	PUNCT
aijbe-867	56	25	,	,	PUNCT
aijbe-867	56	26	green	green	ADJ
aijbe-867	56	27	revolution	revolution	NOUN
aijbe-867	56	28	,	,	PUNCT
aijbe-867	56	29	and	and	CCONJ
aijbe-867	56	30	national	national	ADJ
aijbe-867	56	31	economic	economic	ADJ
aijbe-867	56	32	empowerment	empowerment	NOUN
aijbe-867	56	33	and	and	CCONJ
aijbe-867	56	34	development	development	NOUN
aijbe-867	56	35	strategy	strategy	NOUN
aijbe-867	56	36	(	(	PUNCT
aijbe-867	56	37	needs	need	NOUN
aijbe-867	56	38	)	)	PUNCT
aijbe-867	56	39	,	,	PUNCT
aijbe-867	56	40	etc	etc	X
aijbe-867	56	41	.	.	X
aijbe-867	56	42	,	,	PUNCT
aijbe-867	56	43	the	the	DET
aijbe-867	56	44	economy	economy	NOUN
aijbe-867	56	45	remains	remain	VERB
aijbe-867	56	46	vulnerable	vulnerable	ADJ
aijbe-867	56	47	.	.	PUNCT
aijbe-867	57	1	nigeria	nigeria	PROPN
aijbe-867	57	2	's	's	PART
aijbe-867	57	3	open	open	ADJ
aijbe-867	57	4	economy	economy	NOUN
aijbe-867	57	5	is	be	AUX
aijbe-867	57	6	highly	highly	ADV
aijbe-867	57	7	susceptible	susceptible	ADJ
aijbe-867	57	8	to	to	ADP
aijbe-867	57	9	crises	crisis	NOUN
aijbe-867	57	10	,	,	PUNCT
aijbe-867	57	11	which	which	PRON
aijbe-867	57	12	significantly	significantly	ADV
aijbe-867	57	13	impact	impact	VERB
aijbe-867	57	14	its	its	PRON
aijbe-867	57	15	volatile	volatile	ADJ
aijbe-867	57	16	stock	stock	NOUN
aijbe-867	57	17	market	market	NOUN
aijbe-867	57	18	,	,	PUNCT
aijbe-867	57	19	posing	pose	VERB
aijbe-867	57	20	challenges	challenge	NOUN
aijbe-867	57	21	for	for	ADP
aijbe-867	57	22	investors	investor	NOUN
aijbe-867	57	23	and	and	CCONJ
aijbe-867	57	24	financial	financial	ADJ
aijbe-867	57	25	analysts	analyst	NOUN
aijbe-867	57	26	.	.	PUNCT
aijbe-867	58	1	the	the	DET
aijbe-867	58	2	nigerian	nigerian	ADJ
aijbe-867	58	3	stock	stock	NOUN
aijbe-867	58	4	market	market	NOUN
aijbe-867	58	5	experiences	experience	VERB
aijbe-867	58	6	high	high	ADJ
aijbe-867	58	7	volatility	volatility	NOUN
aijbe-867	58	8	due	due	ADP
aijbe-867	58	9	to	to	ADP
aijbe-867	58	10	risks	risk	NOUN
aijbe-867	58	11	and	and	CCONJ
aijbe-867	58	12	price	price	NOUN
aijbe-867	58	13	shocks	shock	NOUN
aijbe-867	58	14	.	.	PUNCT
aijbe-867	59	1	risk	risk	NOUN
aijbe-867	59	2	-	-	PUNCT
aijbe-867	59	3	averse	averse	ADJ
aijbe-867	59	4	investors	investor	NOUN
aijbe-867	59	5	often	often	ADV
aijbe-867	59	6	avoid	avoid	VERB
aijbe-867	59	7	the	the	DET
aijbe-867	59	8	market	market	NOUN
aijbe-867	59	9	due	due	ADP
aijbe-867	59	10	to	to	ADP
aijbe-867	59	11	the	the	DET
aijbe-867	59	12	uncertainty	uncertainty	NOUN
aijbe-867	59	13	and	and	CCONJ
aijbe-867	59	14	volatility	volatility	NOUN
aijbe-867	59	15	in	in	ADP
aijbe-867	59	16	expected	expect	VERB
aijbe-867	59	17	returns	return	NOUN
aijbe-867	59	18	(	(	PUNCT
aijbe-867	59	19	ashamu	ashamu	NOUN
aijbe-867	59	20	et	et	PROPN
aijbe-867	59	21	al	al	PROPN
aijbe-867	59	22	.	.	PROPN
aijbe-867	59	23	,	,	PUNCT
aijbe-867	59	24	2017	2017	NUM
aijbe-867	59	25	)	)	PUNCT
aijbe-867	59	26	.	.	PUNCT
aijbe-867	60	1	high	high	ADJ
aijbe-867	60	2	volatility	volatility	NOUN
aijbe-867	60	3	increases	increase	VERB
aijbe-867	60	4	unfavourable	unfavourable	ADJ
aijbe-867	60	5	market	market	NOUN
aijbe-867	60	6	premiums	premium	NOUN
aijbe-867	60	7	,	,	PUNCT
aijbe-867	60	8	and	and	CCONJ
aijbe-867	60	9	investors	investor	NOUN
aijbe-867	60	10	demand	demand	VERB
aijbe-867	60	11	higher	high	ADJ
aijbe-867	60	12	returns	return	NOUN
aijbe-867	60	13	on	on	ADP
aijbe-867	60	14	investments	investment	NOUN
aijbe-867	60	15	(	(	PUNCT
aijbe-867	60	16	atoi	atoi	NOUN
aijbe-867	60	17	,	,	PUNCT
aijbe-867	60	18	2014	2014	NUM
aijbe-867	60	19	)	)	PUNCT
aijbe-867	60	20	.	.	PUNCT
aijbe-867	61	1	oil	oil	NOUN
aijbe-867	61	2	price	price	NOUN
aijbe-867	61	3	fluctuations	fluctuation	NOUN
aijbe-867	61	4	induce	induce	VERB
aijbe-867	61	5	large	large	ADJ
aijbe-867	61	6	variations	variation	NOUN
aijbe-867	61	7	in	in	ADP
aijbe-867	61	8	stock	stock	NOUN
aijbe-867	61	9	market	market	NOUN
aijbe-867	61	10	returns	return	NOUN
aijbe-867	61	11	,	,	PUNCT
aijbe-867	61	12	making	make	VERB
aijbe-867	61	13	oil	oil	NOUN
aijbe-867	61	14	prices	price	NOUN
aijbe-867	61	15	a	a	DET
aijbe-867	61	16	significant	significant	ADJ
aijbe-867	61	17	concern	concern	NOUN
aijbe-867	61	18	for	for	ADP
aijbe-867	61	19	scholars	scholar	NOUN
aijbe-867	61	20	.	.	PUNCT
aijbe-867	62	1	most	most	ADJ
aijbe-867	62	2	research	research	NOUN
aijbe-867	62	3	focuses	focus	VERB
aijbe-867	62	4	on	on	ADP
aijbe-867	62	5	developed	develop	VERB
aijbe-867	62	6	economies	economy	NOUN
aijbe-867	62	7	,	,	PUNCT
aijbe-867	62	8	with	with	ADP
aijbe-867	62	9	limited	limited	ADJ
aijbe-867	62	10	studies	study	NOUN
aijbe-867	62	11	on	on	ADP
aijbe-867	62	12	developing	develop	VERB
aijbe-867	62	13	economies	economy	NOUN
aijbe-867	62	14	like	like	ADP
aijbe-867	62	15	nigeria	nigeria	PROPN
aijbe-867	62	16	,	,	PUNCT
aijbe-867	62	17	despite	despite	SCONJ
aijbe-867	62	18	its	its	PRON
aijbe-867	62	19	significant	significant	ADJ
aijbe-867	62	20	stock	stock	NOUN
aijbe-867	62	21	exchange	exchange	NOUN
aijbe-867	62	22	.	.	PUNCT
aijbe-867	63	1	1.3	1.3	NUM
aijbe-867	63	2	objectives	objective	NOUN
aijbe-867	63	3	of	of	ADP
aijbe-867	63	4	the	the	DET
aijbe-867	63	5	study	study	NOUN
aijbe-867	63	6	the	the	DET
aijbe-867	63	7	broad	broad	ADJ
aijbe-867	63	8	objective	objective	NOUN
aijbe-867	63	9	of	of	ADP
aijbe-867	63	10	this	this	DET
aijbe-867	63	11	research	research	NOUN
aijbe-867	63	12	study	study	NOUN
aijbe-867	63	13	is	be	AUX
aijbe-867	63	14	to	to	PART
aijbe-867	63	15	examine	examine	VERB
aijbe-867	63	16	the	the	DET
aijbe-867	63	17	causality	causality	NOUN
aijbe-867	63	18	between	between	ADP
aijbe-867	63	19	oil	oil	NOUN
aijbe-867	63	20	price	price	NOUN
aijbe-867	63	21	volatility	volatility	NOUN
aijbe-867	63	22	and	and	CCONJ
aijbe-867	63	23	stock	stock	NOUN
aijbe-867	63	24	market	market	NOUN
aijbe-867	63	25	returns	return	NOUN
aijbe-867	63	26	.	.	PUNCT
aijbe-867	64	1	to	to	PART
aijbe-867	64	2	achieve	achieve	VERB
aijbe-867	64	3	the	the	DET
aijbe-867	64	4	broad	broad	ADJ
aijbe-867	64	5	objectives	objective	NOUN
aijbe-867	64	6	,	,	PUNCT
aijbe-867	64	7	it	it	PRON
aijbe-867	64	8	is	be	AUX
aijbe-867	64	9	pertinent	pertinent	ADJ
aijbe-867	64	10	to	to	PART
aijbe-867	64	11	streamline	streamline	VERB
aijbe-867	64	12	the	the	DET
aijbe-867	64	13	specific	specific	ADJ
aijbe-867	64	14	objectives	objective	NOUN
aijbe-867	64	15	which	which	PRON
aijbe-867	64	16	are	be	AUX
aijbe-867	64	17	to	to	ADP
aijbe-867	64	18	:	:	PUNCT
aijbe-867	64	19	i	i	NOUN
aijbe-867	64	20	)	)	PUNCT
aijbe-867	64	21	determine	determine	VERB
aijbe-867	64	22	effect	effect	NOUN
aijbe-867	64	23	of	of	ADP
aijbe-867	64	24	oil	oil	NOUN
aijbe-867	64	25	price	price	NOUN
aijbe-867	64	26	fluctuation	fluctuation	NOUN
aijbe-867	64	27	on	on	ADP
aijbe-867	64	28	the	the	DET
aijbe-867	64	29	economic	economic	ADJ
aijbe-867	64	30	growth	growth	NOUN
aijbe-867	64	31	in	in	ADP
aijbe-867	64	32	nigeria	nigeria	PROPN
aijbe-867	64	33	.	.	PUNCT
aijbe-867	65	1	ii	ii	PROPN
aijbe-867	65	2	)	)	PUNCT
aijbe-867	65	3	establish	establish	VERB
aijbe-867	65	4	the	the	DET
aijbe-867	65	5	nexus	nexus	NOUN
aijbe-867	65	6	trend	trend	NOUN
aijbe-867	65	7	between	between	ADP
aijbe-867	65	8	oil	oil	NOUN
aijbe-867	65	9	price	price	NOUN
aijbe-867	65	10	volatility	volatility	NOUN
aijbe-867	65	11	and	and	CCONJ
aijbe-867	65	12	stock	stock	NOUN
aijbe-867	65	13	market	market	NOUN
aijbe-867	65	14	in	in	ADP
aijbe-867	65	15	nigeria	nigeria	PROPN
aijbe-867	65	16	.	.	PUNCT
aijbe-867	66	1	iii	iii	X
aijbe-867	66	2	)	)	PUNCT
aijbe-867	66	3	determine	determine	VERB
aijbe-867	66	4	the	the	DET
aijbe-867	66	5	impact	impact	NOUN
aijbe-867	66	6	of	of	ADP
aijbe-867	66	7	oil	oil	NOUN
aijbe-867	66	8	price	price	NOUN
aijbe-867	66	9	volatility	volatility	NOUN
aijbe-867	66	10	on	on	ADP
aijbe-867	66	11	stock	stock	NOUN
aijbe-867	66	12	market	market	NOUN
aijbe-867	66	13	returns	return	NOUN
aijbe-867	66	14	in	in	ADP
aijbe-867	66	15	nigeria	nigeria	PROPN
aijbe-867	66	16	.	.	PUNCT
aijbe-867	67	1	1.4	1.4	NUM
aijbe-867	67	2	research	research	NOUN
aijbe-867	67	3	questions	question	NOUN
aijbe-867	67	4	in	in	ADP
aijbe-867	67	5	line	line	NOUN
aijbe-867	67	6	with	with	ADP
aijbe-867	67	7	the	the	DET
aijbe-867	67	8	research	research	NOUN
aijbe-867	67	9	objectives	objective	NOUN
aijbe-867	67	10	,	,	PUNCT
aijbe-867	67	11	the	the	DET
aijbe-867	67	12	study	study	NOUN
aijbe-867	67	13	aims	aim	VERB
aijbe-867	67	14	to	to	PART
aijbe-867	67	15	provide	provide	VERB
aijbe-867	67	16	the	the	DET
aijbe-867	67	17	answers	answer	NOUN
aijbe-867	67	18	to	to	ADP
aijbe-867	67	19	the	the	DET
aijbe-867	67	20	following	follow	VERB
aijbe-867	67	21	research	research	NOUN
aijbe-867	67	22	questions	question	NOUN
aijbe-867	67	23	.	.	PUNCT
aijbe-867	68	1	i.	i.	PROPN
aijbe-867	68	2	i.	i.	PROPN
aijbe-867	68	3	does	do	AUX
aijbe-867	68	4	oil	oil	NOUN
aijbe-867	68	5	price	price	NOUN
aijbe-867	68	6	volatility	volatility	NOUN
aijbe-867	68	7	have	have	VERB
aijbe-867	68	8	an	an	DET
aijbe-867	68	9	impact	impact	NOUN
aijbe-867	68	10	on	on	ADP
aijbe-867	68	11	stock	stock	NOUN
aijbe-867	68	12	market	market	NOUN
aijbe-867	68	13	returns	return	NOUN
aijbe-867	68	14	?	?	PUNCT
aijbe-867	69	1	ii	ii	X
aijbe-867	69	2	.	.	PUNCT
aijbe-867	70	1	what	what	PRON
aijbe-867	70	2	is	be	AUX
aijbe-867	70	3	the	the	DET
aijbe-867	70	4	effect	effect	NOUN
aijbe-867	70	5	of	of	ADP
aijbe-867	70	6	oil	oil	NOUN
aijbe-867	70	7	price	price	NOUN
aijbe-867	70	8	fluctuation	fluctuation	NOUN
aijbe-867	70	9	on	on	ADP
aijbe-867	70	10	the	the	DET
aijbe-867	70	11	economic	economic	ADJ
aijbe-867	70	12	growth	growth	NOUN
aijbe-867	70	13	in	in	ADP
aijbe-867	70	14	nigeria	nigeria	PROPN
aijbe-867	70	15	?	?	PUNCT
aijbe-867	71	1	iii	iii	X
aijbe-867	71	2	.	.	PUNCT
aijbe-867	71	3	is	be	AUX
aijbe-867	71	4	there	there	PRON
aijbe-867	71	5	any	any	DET
aijbe-867	71	6	nexus	nexus	NOUN
aijbe-867	71	7	between	between	ADP
aijbe-867	71	8	oil	oil	NOUN
aijbe-867	71	9	price	price	NOUN
aijbe-867	71	10	fluctuations	fluctuation	NOUN
aijbe-867	71	11	and	and	CCONJ
aijbe-867	71	12	economic	economic	ADJ
aijbe-867	71	13	growth	growth	NOUN
aijbe-867	71	14	in	in	ADP
aijbe-867	71	15	nigeria	nigeria	PROPN
aijbe-867	71	16	?	?	PUNCT
aijbe-867	72	1	1.5	1.5	NUM
aijbe-867	72	2	research	research	NOUN
aijbe-867	72	3	hypothesis	hypothesis	NOUN
aijbe-867	72	4	to	to	PART
aijbe-867	72	5	carry	carry	VERB
aijbe-867	72	6	out	out	ADP
aijbe-867	72	7	this	this	DET
aijbe-867	72	8	study	study	NOUN
aijbe-867	72	9	,	,	PUNCT
aijbe-867	72	10	the	the	DET
aijbe-867	72	11	following	follow	VERB
aijbe-867	72	12	hypothesis	hypothesis	NOUN
aijbe-867	72	13	must	must	AUX
aijbe-867	72	14	be	be	AUX
aijbe-867	72	15	tested	test	VERB
aijbe-867	72	16	:	:	PUNCT
aijbe-867	73	1	h01	h01	NOUN
aijbe-867	73	2	.	.	PUNCT
aijbe-867	74	1	oil	oil	NOUN
aijbe-867	74	2	price	price	NOUN
aijbe-867	74	3	volatility	volatility	NOUN
aijbe-867	74	4	has	have	VERB
aijbe-867	74	5	no	no	DET
aijbe-867	74	6	significant	significant	ADJ
aijbe-867	74	7	impact	impact	NOUN
aijbe-867	74	8	on	on	ADP
aijbe-867	74	9	stock	stock	NOUN
aijbe-867	74	10	market	market	NOUN
aijbe-867	74	11	returns	return	NOUN
aijbe-867	74	12	.	.	PUNCT
aijbe-867	75	1	ikemenogo	ikemenogo	PROPN
aijbe-867	75	2	,	,	PUNCT
aijbe-867	75	3	eze	eze	PROPN
aijbe-867	75	4	solomon	solomon	PROPN
aijbe-867	75	5	(	(	PUNCT
aijbe-867	75	6	2024	2024	NUM
aijbe-867	75	7	)	)	PUNCT
aijbe-867	75	8	american	american	ADJ
aijbe-867	75	9	interdisciplinary	interdisciplinary	ADJ
aijbe-867	75	10	journal	journal	NOUN
aijbe-867	75	11	of	of	ADP
aijbe-867	75	12	business	business	NOUN
aijbe-867	75	13	and	and	CCONJ
aijbe-867	75	14	economics	economic	NOUN
aijbe-867	75	15	|	|	ADV
aijbe-867	75	16	38	38	NUM
aijbe-867	75	17	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	75	18	h02	h02	NOUN
aijbe-867	75	19	.	.	PUNCT
aijbe-867	76	1	there	there	PRON
aijbe-867	76	2	is	be	VERB
aijbe-867	76	3	no	no	DET
aijbe-867	76	4	significant	significant	ADJ
aijbe-867	76	5	effect	effect	NOUN
aijbe-867	76	6	of	of	ADP
aijbe-867	76	7	oil	oil	NOUN
aijbe-867	76	8	price	price	NOUN
aijbe-867	76	9	volatility	volatility	NOUN
aijbe-867	76	10	on	on	ADP
aijbe-867	76	11	stock	stock	NOUN
aijbe-867	76	12	market	market	NOUN
aijbe-867	76	13	returns	return	NOUN
aijbe-867	76	14	.	.	PUNCT
aijbe-867	77	1	h03	h03	NOUN
aijbe-867	77	2	.	.	PUNCT
aijbe-867	78	1	there	there	PRON
aijbe-867	78	2	is	be	VERB
aijbe-867	78	3	no	no	DET
aijbe-867	78	4	significant	significant	ADJ
aijbe-867	78	5	nexus	nexus	NOUN
aijbe-867	78	6	of	of	ADP
aijbe-867	78	7	oil	oil	NOUN
aijbe-867	78	8	price	price	NOUN
aijbe-867	78	9	fluctuation	fluctuation	NOUN
aijbe-867	78	10	and	and	CCONJ
aijbe-867	78	11	economic	economic	ADJ
aijbe-867	78	12	growth	growth	NOUN
aijbe-867	78	13	.	.	PUNCT
aijbe-867	79	1	1.6	1.6	NUM
aijbe-867	79	2	scope	scope	NOUN
aijbe-867	79	3	of	of	ADP
aijbe-867	79	4	the	the	DET
aijbe-867	79	5	study	study	NOUN
aijbe-867	79	6	this	this	DET
aijbe-867	79	7	research	research	NOUN
aijbe-867	79	8	study	study	NOUN
aijbe-867	79	9	focused	focus	VERB
aijbe-867	79	10	on	on	ADP
aijbe-867	79	11	oil	oil	NOUN
aijbe-867	79	12	price	price	NOUN
aijbe-867	79	13	volatility	volatility	NOUN
aijbe-867	79	14	effect	effect	NOUN
aijbe-867	79	15	and	and	CCONJ
aijbe-867	79	16	stock	stock	NOUN
aijbe-867	79	17	market	market	NOUN
aijbe-867	79	18	returns	return	NOUN
aijbe-867	79	19	in	in	ADP
aijbe-867	79	20	nigeria	nigeria	PROPN
aijbe-867	79	21	from	from	ADP
aijbe-867	79	22	1986	1986	NUM
aijbe-867	79	23	2021	2021	NUM
aijbe-867	79	24	.	.	PUNCT
aijbe-867	80	1	the	the	DET
aijbe-867	80	2	study	study	NOUN
aijbe-867	80	3	starts	start	VERB
aijbe-867	80	4	in	in	ADP
aijbe-867	80	5	1986	1986	NUM
aijbe-867	80	6	,	,	PUNCT
aijbe-867	80	7	a	a	DET
aijbe-867	80	8	year	year	NOUN
aijbe-867	80	9	prior	prior	ADV
aijbe-867	80	10	to	to	ADP
aijbe-867	80	11	1987	1987	NUM
aijbe-867	80	12	because	because	SCONJ
aijbe-867	80	13	there	there	PRON
aijbe-867	80	14	was	be	VERB
aijbe-867	80	15	a	a	DET
aijbe-867	80	16	world	world	NOUN
aijbe-867	80	17	stock	stock	NOUN
aijbe-867	80	18	market	market	NOUN
aijbe-867	80	19	crash	crash	NOUN
aijbe-867	80	20	called	call	VERB
aijbe-867	80	21	‘	'	PUNCT
aijbe-867	80	22	black	black	ADJ
aijbe-867	80	23	monday	monday	NOUN
aijbe-867	80	24	’	'	PUNCT
aijbe-867	80	25	with	with	ADP
aijbe-867	80	26	worldwide	worldwide	ADJ
aijbe-867	80	27	losses	loss	NOUN
aijbe-867	80	28	of	of	ADP
aijbe-867	80	29	about	about	ADP
aijbe-867	80	30	us$1.71trillion	us$1.71trillion	NOUN
aijbe-867	80	31	and	and	CCONJ
aijbe-867	80	32	this	this	PRON
aijbe-867	80	33	significantly	significantly	ADV
aijbe-867	80	34	affected	affect	VERB
aijbe-867	80	35	the	the	DET
aijbe-867	80	36	world	world	NOUN
aijbe-867	80	37	’s	’s	PART
aijbe-867	80	38	market	market	NOUN
aijbe-867	80	39	,	,	PUNCT
aijbe-867	80	40	and	and	CCONJ
aijbe-867	80	41	it	it	PRON
aijbe-867	80	42	ends	end	VERB
aijbe-867	80	43	with	with	ADP
aijbe-867	80	44	2021	2021	NUM
aijbe-867	80	45	because	because	SCONJ
aijbe-867	80	46	of	of	ADP
aijbe-867	80	47	the	the	DET
aijbe-867	80	48	difficulty	difficulty	NOUN
aijbe-867	80	49	in	in	ADP
aijbe-867	80	50	finding	find	VERB
aijbe-867	80	51	accurate	accurate	ADJ
aijbe-867	80	52	and	and	CCONJ
aijbe-867	80	53	verified	verified	ADJ
aijbe-867	80	54	data	datum	NOUN
aijbe-867	80	55	.	.	PUNCT
aijbe-867	81	1	the	the	DET
aijbe-867	81	2	study	study	NOUN
aijbe-867	81	3	will	will	AUX
aijbe-867	81	4	not	not	PART
aijbe-867	81	5	cover	cover	VERB
aijbe-867	81	6	other	other	ADJ
aijbe-867	81	7	african	african	ADJ
aijbe-867	81	8	countries	country	NOUN
aijbe-867	81	9	who	who	PRON
aijbe-867	81	10	may	may	AUX
aijbe-867	81	11	be	be	AUX
aijbe-867	81	12	facing	face	VERB
aijbe-867	81	13	similar	similar	ADJ
aijbe-867	81	14	challenges	challenge	NOUN
aijbe-867	81	15	.	.	PUNCT
aijbe-867	82	1	but	but	CCONJ
aijbe-867	82	2	the	the	DET
aijbe-867	82	3	findings	finding	NOUN
aijbe-867	82	4	of	of	ADP
aijbe-867	82	5	this	this	DET
aijbe-867	82	6	study	study	NOUN
aijbe-867	82	7	can	can	AUX
aijbe-867	82	8	be	be	AUX
aijbe-867	82	9	used	use	VERB
aijbe-867	82	10	as	as	ADP
aijbe-867	82	11	a	a	DET
aijbe-867	82	12	guide	guide	NOUN
aijbe-867	82	13	.	.	PUNCT
aijbe-867	83	1	literature	literature	NOUN
aijbe-867	83	2	review	review	VERB
aijbe-867	83	3	2.1	2.1	NUM
aijbe-867	83	4	conceptual	conceptual	ADJ
aijbe-867	83	5	review	review	NOUN
aijbe-867	83	6	oil	oil	NOUN
aijbe-867	83	7	price	price	NOUN
aijbe-867	83	8	changes	change	NOUN
aijbe-867	83	9	affect	affect	VERB
aijbe-867	83	10	numerous	numerous	ADJ
aijbe-867	83	11	economic	economic	ADJ
aijbe-867	83	12	variables	variable	NOUN
aijbe-867	83	13	such	such	ADJ
aijbe-867	83	14	as	as	ADP
aijbe-867	83	15	interest	interest	NOUN
aijbe-867	83	16	rates	rate	NOUN
aijbe-867	83	17	,	,	PUNCT
aijbe-867	83	18	investment	investment	NOUN
aijbe-867	83	19	decisions	decision	NOUN
aijbe-867	83	20	,	,	PUNCT
aijbe-867	83	21	economic	economic	ADJ
aijbe-867	83	22	growth	growth	NOUN
aijbe-867	83	23	,	,	PUNCT
aijbe-867	83	24	investors	investor	NOUN
aijbe-867	83	25	'	'	PART
aijbe-867	83	26	confidence	confidence	NOUN
aijbe-867	83	27	etc	etc	X
aijbe-867	83	28	.	.	PUNCT
aijbe-867	84	1	these	these	DET
aijbe-867	84	2	variables	variable	NOUN
aijbe-867	84	3	have	have	AUX
aijbe-867	84	4	been	be	AUX
aijbe-867	84	5	documented	document	VERB
aijbe-867	84	6	to	to	PART
aijbe-867	84	7	affect	affect	VERB
aijbe-867	84	8	both	both	PRON
aijbe-867	84	9	the	the	DET
aijbe-867	84	10	stock	stock	NOUN
aijbe-867	84	11	market	market	NOUN
aijbe-867	84	12	and	and	CCONJ
aijbe-867	84	13	exchange	exchange	NOUN
aijbe-867	84	14	rate	rate	NOUN
aijbe-867	84	15	market	market	NOUN
aijbe-867	84	16	(	(	PUNCT
aijbe-867	84	17	hamilton	hamilton	PROPN
aijbe-867	84	18	,	,	PUNCT
aijbe-867	84	19	1983	1983	NUM
aijbe-867	84	20	;	;	PUNCT
aijbe-867	84	21	amano	amano	PROPN
aijbe-867	84	22	&	&	CCONJ
aijbe-867	84	23	van	van	PROPN
aijbe-867	84	24	norden	norden	PROPN
aijbe-867	84	25	,	,	PUNCT
aijbe-867	84	26	1995	1995	NUM
aijbe-867	84	27	)	)	PUNCT
aijbe-867	84	28	.	.	PUNCT
aijbe-867	85	1	again	again	ADV
aijbe-867	85	2	,	,	PUNCT
aijbe-867	85	3	oil	oil	NOUN
aijbe-867	85	4	prices	price	NOUN
aijbe-867	85	5	are	be	AUX
aijbe-867	85	6	expressed	express	VERB
aijbe-867	85	7	in	in	ADP
aijbe-867	85	8	us	us	PROPN
aijbe-867	85	9	dollars	dollar	NOUN
aijbe-867	85	10	in	in	ADP
aijbe-867	85	11	the	the	DET
aijbe-867	85	12	international	international	ADJ
aijbe-867	85	13	market	market	NOUN
aijbe-867	85	14	;	;	PUNCT
aijbe-867	85	15	hence	hence	ADV
aijbe-867	85	16	,	,	PUNCT
aijbe-867	85	17	the	the	DET
aijbe-867	85	18	dollar	dollar	NOUN
aijbe-867	85	19	exchange	exchange	NOUN
aijbe-867	85	20	rate	rate	NOUN
aijbe-867	85	21	may	may	AUX
aijbe-867	85	22	affect	affect	VERB
aijbe-867	85	23	the	the	DET
aijbe-867	85	24	price	price	NOUN
aijbe-867	85	25	perceived	perceive	VERB
aijbe-867	85	26	by	by	ADP
aijbe-867	85	27	oil	oil	NOUN
aijbe-867	85	28	producing	produce	VERB
aijbe-867	85	29	nations	nation	NOUN
aijbe-867	85	30	(	(	PUNCT
aijbe-867	85	31	roubaud	roubaud	PROPN
aijbe-867	85	32	&	&	CCONJ
aijbe-867	85	33	arouri	arouri	PROPN
aijbe-867	85	34	,	,	PUNCT
aijbe-867	85	35	2018	2018	NUM
aijbe-867	85	36	)	)	PUNCT
aijbe-867	85	37	.	.	PUNCT
aijbe-867	86	1	this	this	DET
aijbe-867	86	2	study	study	NOUN
aijbe-867	86	3	reviews	review	VERB
aijbe-867	86	4	the	the	DET
aijbe-867	86	5	connection	connection	NOUN
aijbe-867	86	6	between	between	ADP
aijbe-867	86	7	these	these	DET
aijbe-867	86	8	variables	variable	NOUN
aijbe-867	86	9	(	(	PUNCT
aijbe-867	86	10	oil	oil	NOUN
aijbe-867	86	11	price	price	NOUN
aijbe-867	86	12	,	,	PUNCT
aijbe-867	86	13	exchange	exchange	NOUN
aijbe-867	86	14	rate	rate	NOUN
aijbe-867	86	15	and	and	CCONJ
aijbe-867	86	16	stock	stock	NOUN
aijbe-867	86	17	market	market	NOUN
aijbe-867	86	18	returns	return	NOUN
aijbe-867	86	19	)	)	PUNCT
aijbe-867	86	20	using	use	VERB
aijbe-867	86	21	a	a	DET
aijbe-867	86	22	bivariate	bivariate	ADJ
aijbe-867	86	23	and	and	CCONJ
aijbe-867	86	24	multivariate	multivariate	NOUN
aijbe-867	86	25	approach	approach	NOUN
aijbe-867	86	26	.	.	PUNCT
aijbe-867	87	1	to	to	ADP
aijbe-867	87	2	some	some	DET
aijbe-867	87	3	economists	economist	NOUN
aijbe-867	87	4	,	,	PUNCT
aijbe-867	87	5	there	there	PRON
aijbe-867	87	6	is	be	VERB
aijbe-867	87	7	a	a	DET
aijbe-867	87	8	positive	positive	ADJ
aijbe-867	87	9	correlation	correlation	NOUN
aijbe-867	87	10	between	between	ADP
aijbe-867	87	11	crude	crude	ADJ
aijbe-867	87	12	oil	oil	NOUN
aijbe-867	87	13	price	price	NOUN
aijbe-867	87	14	and	and	CCONJ
aijbe-867	87	15	stock	stock	NOUN
aijbe-867	87	16	market	market	NOUN
aijbe-867	87	17	performance	performance	NOUN
aijbe-867	87	18	(	(	PUNCT
aijbe-867	87	19	cong	cong	NOUN
aijbe-867	87	20	,	,	PUNCT
aijbe-867	87	21	weiy	weiy	NOUN
aijbe-867	87	22	,	,	PUNCT
aijbe-867	87	23	jiao	jiao	PROPN
aijbe-867	87	24	&	&	CCONJ
aijbe-867	87	25	fan	fan	PROPN
aijbe-867	87	26	,	,	PUNCT
aijbe-867	87	27	2008	2008	NUM
aijbe-867	87	28	;	;	PUNCT
aijbe-867	87	29	boyer	boyer	PROPN
aijbe-867	87	30	&	&	CCONJ
aijbe-867	87	31	filion	filion	NOUN
aijbe-867	87	32	,	,	PUNCT
aijbe-867	87	33	2007	2007	NUM
aijbe-867	87	34	;	;	PUNCT
aijbe-867	87	35	sadorsky	sadorsky	NOUN
aijbe-867	87	36	,	,	PUNCT
aijbe-867	87	37	2001	2001	NUM
aijbe-867	87	38	)	)	PUNCT
aijbe-867	87	39	.	.	PUNCT
aijbe-867	88	1	according	accord	VERB
aijbe-867	88	2	to	to	ADP
aijbe-867	88	3	babatunde	babatunde	PROPN
aijbe-867	88	4	(	(	PUNCT
aijbe-867	88	5	2013	2013	NUM
aijbe-867	88	6	)	)	PUNCT
aijbe-867	88	7	while	while	SCONJ
aijbe-867	88	8	the	the	DET
aijbe-867	88	9	initial	initial	ADJ
aijbe-867	88	10	effects	effect	NOUN
aijbe-867	88	11	were	be	AUX
aijbe-867	88	12	contained	contain	VERB
aijbe-867	88	13	due	due	ADJ
aijbe-867	88	14	to	to	ADP
aijbe-867	88	15	low	low	ADJ
aijbe-867	88	16	levels	level	NOUN
aijbe-867	88	17	of	of	ADP
aijbe-867	88	18	exposure	exposure	NOUN
aijbe-867	88	19	to	to	ADP
aijbe-867	88	20	complex	complex	ADJ
aijbe-867	88	21	financial	financial	ADJ
aijbe-867	88	22	instruments	instrument	NOUN
aijbe-867	88	23	,	,	PUNCT
aijbe-867	88	24	the	the	DET
aijbe-867	88	25	large	large	ADJ
aijbe-867	88	26	swings	swing	NOUN
aijbe-867	88	27	in	in	ADP
aijbe-867	88	28	oil	oil	NOUN
aijbe-867	88	29	prices	price	NOUN
aijbe-867	88	30	,	,	PUNCT
aijbe-867	88	31	combined	combine	VERB
aijbe-867	88	32	with	with	ADP
aijbe-867	88	33	the	the	DET
aijbe-867	88	34	resulting	result	VERB
aijbe-867	88	35	depreciation	depreciation	NOUN
aijbe-867	88	36	of	of	ADP
aijbe-867	88	37	the	the	DET
aijbe-867	88	38	naira	naira	NOUN
aijbe-867	88	39	and	and	CCONJ
aijbe-867	88	40	drop	drop	VERB
aijbe-867	88	41	in	in	ADP
aijbe-867	88	42	investor	investor	NOUN
aijbe-867	88	43	confidence	confidence	NOUN
aijbe-867	88	44	led	lead	VERB
aijbe-867	88	45	to	to	ADP
aijbe-867	88	46	growing	grow	VERB
aijbe-867	88	47	pressures	pressure	NOUN
aijbe-867	88	48	about	about	ADP
aijbe-867	88	49	the	the	DET
aijbe-867	88	50	oil	oil	NOUN
aijbe-867	88	51	price	price	NOUN
aijbe-867	88	52	volatility	volatility	NOUN
aijbe-867	88	53	which	which	PRON
aijbe-867	88	54	was	be	AUX
aijbe-867	88	55	supported	support	VERB
aijbe-867	88	56	with	with	ADP
aijbe-867	88	57	exposure	exposure	NOUN
aijbe-867	88	58	of	of	ADP
aijbe-867	88	59	oil	oil	NOUN
aijbe-867	88	60	subsidy	subsidy	NOUN
aijbe-867	88	61	frauds	fraud	NOUN
aijbe-867	88	62	by	by	ADP
aijbe-867	88	63	importers	importer	NOUN
aijbe-867	88	64	of	of	ADP
aijbe-867	88	65	fuel	fuel	NOUN
aijbe-867	88	66	products	product	NOUN
aijbe-867	88	67	,	,	PUNCT
aijbe-867	88	68	who	who	PRON
aijbe-867	88	69	had	have	VERB
aijbe-867	88	70	a	a	DET
aijbe-867	88	71	high	high	ADJ
aijbe-867	88	72	foreign	foreign	ADJ
aijbe-867	88	73	currency	currency	NOUN
aijbe-867	88	74	obligations	obligation	NOUN
aijbe-867	88	75	owing	owe	VERB
aijbe-867	88	76	to	to	ADP
aijbe-867	88	77	the	the	DET
aijbe-867	88	78	high	high	ADJ
aijbe-867	88	79	fuel	fuel	NOUN
aijbe-867	88	80	prices	price	NOUN
aijbe-867	88	81	in	in	ADP
aijbe-867	88	82	2008	2008	NUM
aijbe-867	88	83	,	,	PUNCT
aijbe-867	88	84	the	the	DET
aijbe-867	88	85	subsequent	subsequent	ADJ
aijbe-867	88	86	falling	fall	VERB
aijbe-867	88	87	oil	oil	NOUN
aijbe-867	88	88	prices	price	NOUN
aijbe-867	88	89	and	and	CCONJ
aijbe-867	88	90	devaluations	devaluation	NOUN
aijbe-867	88	91	of	of	ADP
aijbe-867	88	92	naira	naira	NUM
aijbe-867	88	93	added	add	VERB
aijbe-867	88	94	to	to	ADP
aijbe-867	88	95	the	the	DET
aijbe-867	88	96	shocks	shock	NOUN
aijbe-867	88	97	experienced	experience	VERB
aijbe-867	88	98	in	in	ADP
aijbe-867	88	99	the	the	DET
aijbe-867	88	100	nigerian	nigerian	ADJ
aijbe-867	88	101	stock	stock	NOUN
aijbe-867	88	102	market	market	NOUN
aijbe-867	88	103	.	.	PUNCT
aijbe-867	89	1	2.1.1	2.1.1	NUM
aijbe-867	89	2	oil	oil	NOUN
aijbe-867	89	3	price	price	NOUN
aijbe-867	89	4	and	and	CCONJ
aijbe-867	89	5	exchange	exchange	NOUN
aijbe-867	89	6	rate	rate	NOUN
aijbe-867	89	7	theories	theory	NOUN
aijbe-867	89	8	generally	generally	ADV
aijbe-867	89	9	posit	posit	VERB
aijbe-867	89	10	that	that	SCONJ
aijbe-867	89	11	crude	crude	ADJ
aijbe-867	89	12	oil	oil	NOUN
aijbe-867	89	13	prices	price	NOUN
aijbe-867	89	14	and	and	CCONJ
aijbe-867	89	15	exchange	exchange	NOUN
aijbe-867	89	16	rates	rate	NOUN
aijbe-867	89	17	are	be	AUX
aijbe-867	89	18	positively	positively	ADV
aijbe-867	89	19	correlated	correlate	VERB
aijbe-867	89	20	in	in	ADP
aijbe-867	89	21	oil	oil	NOUN
aijbe-867	89	22	-	-	PUNCT
aijbe-867	89	23	exporting	export	VERB
aijbe-867	89	24	countries	country	NOUN
aijbe-867	89	25	,	,	PUNCT
aijbe-867	89	26	with	with	ADP
aijbe-867	89	27	higher	high	ADJ
aijbe-867	89	28	crude	crude	ADJ
aijbe-867	89	29	oil	oil	NOUN
aijbe-867	89	30	prices	price	NOUN
aijbe-867	89	31	leading	lead	VERB
aijbe-867	89	32	to	to	ADP
aijbe-867	89	33	currency	currency	NOUN
aijbe-867	89	34	appreciation	appreciation	NOUN
aijbe-867	89	35	and	and	CCONJ
aijbe-867	89	36	vice	vice	NOUN
aijbe-867	89	37	versa	versa	ADV
aijbe-867	89	38	.	.	PUNCT
aijbe-867	90	1	crude	crude	ADJ
aijbe-867	90	2	oil	oil	NOUN
aijbe-867	90	3	price	price	NOUN
aijbe-867	90	4	shocks	shock	NOUN
aijbe-867	90	5	affect	affect	VERB
aijbe-867	90	6	exchange	exchange	NOUN
aijbe-867	90	7	rates	rate	NOUN
aijbe-867	90	8	through	through	ADP
aijbe-867	90	9	two	two	NUM
aijbe-867	90	10	primary	primary	ADJ
aijbe-867	90	11	channels	channel	NOUN
aijbe-867	90	12	:	:	PUNCT
aijbe-867	90	13	the	the	DET
aijbe-867	90	14	terms	term	NOUN
aijbe-867	90	15	of	of	ADP
aijbe-867	90	16	trade	trade	NOUN
aijbe-867	90	17	channel	channel	NOUN
aijbe-867	90	18	and	and	CCONJ
aijbe-867	90	19	the	the	DET
aijbe-867	90	20	wealth	wealth	NOUN
aijbe-867	90	21	effect	effect	NOUN
aijbe-867	90	22	channel	channel	PROPN
aijbe-867	90	23	.	.	PUNCT
aijbe-867	91	1	the	the	DET
aijbe-867	91	2	terms	term	NOUN
aijbe-867	91	3	of	of	ADP
aijbe-867	91	4	trade	trade	NOUN
aijbe-867	91	5	channel	channel	NOUN
aijbe-867	91	6	suggests	suggest	VERB
aijbe-867	91	7	that	that	SCONJ
aijbe-867	91	8	a	a	DET
aijbe-867	91	9	negative	negative	ADJ
aijbe-867	91	10	shock	shock	NOUN
aijbe-867	91	11	to	to	ADP
aijbe-867	91	12	the	the	DET
aijbe-867	91	13	terms	term	NOUN
aijbe-867	91	14	of	of	ADP
aijbe-867	91	15	trade	trade	NOUN
aijbe-867	91	16	drives	drive	VERB
aijbe-867	91	17	down	down	ADP
aijbe-867	91	18	the	the	DET
aijbe-867	91	19	price	price	NOUN
aijbe-867	91	20	of	of	ADP
aijbe-867	91	21	nontradable	nontradable	ADJ
aijbe-867	91	22	goods	good	NOUN
aijbe-867	91	23	in	in	ADP
aijbe-867	91	24	the	the	DET
aijbe-867	91	25	domestic	domestic	ADJ
aijbe-867	91	26	economy	economy	NOUN
aijbe-867	91	27	,	,	PUNCT
aijbe-867	91	28	causing	cause	VERB
aijbe-867	91	29	the	the	DET
aijbe-867	91	30	real	real	ADJ
aijbe-867	91	31	exchange	exchange	NOUN
aijbe-867	91	32	rate	rate	NOUN
aijbe-867	91	33	in	in	ADP
aijbe-867	91	34	oil	oil	NOUN
aijbe-867	91	35	-	-	PUNCT
aijbe-867	91	36	exporting	export	VERB
aijbe-867	91	37	economies	economy	NOUN
aijbe-867	91	38	to	to	PART
aijbe-867	91	39	depreciate	depreciate	VERB
aijbe-867	91	40	and	and	CCONJ
aijbe-867	91	41	vice	vice	ADV
aijbe-867	91	42	versa	versa	ADV
aijbe-867	91	43	.	.	PUNCT
aijbe-867	92	1	the	the	DET
aijbe-867	92	2	wealth	wealth	NOUN
aijbe-867	92	3	effect	effect	NOUN
aijbe-867	92	4	channel	channel	NOUN
aijbe-867	92	5	indicates	indicate	VERB
aijbe-867	92	6	that	that	SCONJ
aijbe-867	92	7	a	a	DET
aijbe-867	92	8	drop	drop	NOUN
aijbe-867	92	9	in	in	ADP
aijbe-867	92	10	crude	crude	ADJ
aijbe-867	92	11	oil	oil	NOUN
aijbe-867	92	12	prices	price	NOUN
aijbe-867	92	13	results	result	VERB
aijbe-867	92	14	in	in	ADP
aijbe-867	92	15	losses	loss	NOUN
aijbe-867	92	16	for	for	ADP
aijbe-867	92	17	oil	oil	NOUN
aijbe-867	92	18	exporters	exporter	NOUN
aijbe-867	92	19	but	but	CCONJ
aijbe-867	92	20	gains	gain	NOUN
aijbe-867	92	21	for	for	ADP
aijbe-867	92	22	oil	oil	NOUN
aijbe-867	92	23	importers	importer	NOUN
aijbe-867	92	24	,	,	PUNCT
aijbe-867	92	25	shifting	shift	VERB
aijbe-867	92	26	current	current	ADJ
aijbe-867	92	27	account	account	NOUN
aijbe-867	92	28	balances	balance	NOUN
aijbe-867	92	29	and	and	CCONJ
aijbe-867	92	30	leading	lead	VERB
aijbe-867	92	31	to	to	ADP
aijbe-867	92	32	portfolio	portfolio	NOUN
aijbe-867	92	33	reallocations	reallocation	NOUN
aijbe-867	92	34	between	between	ADP
aijbe-867	92	35	oil	oil	NOUN
aijbe-867	92	36	trading	trading	NOUN
aijbe-867	92	37	companies	company	NOUN
aijbe-867	92	38	(	(	PUNCT
aijbe-867	92	39	akigbo	akigbo	VERB
aijbe-867	92	40	,	,	PUNCT
aijbe-867	92	41	2014	2014	NUM
aijbe-867	92	42	)	)	PUNCT
aijbe-867	92	43	.	.	PUNCT
aijbe-867	93	1	a	a	DET
aijbe-867	93	2	negative	negative	ADJ
aijbe-867	93	3	oil	oil	NOUN
aijbe-867	93	4	price	price	NOUN
aijbe-867	93	5	shock	shock	NOUN
aijbe-867	93	6	transfers	transfer	VERB
aijbe-867	93	7	wealth	wealth	NOUN
aijbe-867	93	8	from	from	ADP
aijbe-867	93	9	oil	oil	NOUN
aijbe-867	93	10	exporters	exporter	NOUN
aijbe-867	93	11	to	to	ADP
aijbe-867	93	12	oil	oil	NOUN
aijbe-867	93	13	importers	importer	NOUN
aijbe-867	93	14	,	,	PUNCT
aijbe-867	93	15	or	or	CCONJ
aijbe-867	93	16	higher	high	ADJ
aijbe-867	93	17	oil	oil	NOUN
aijbe-867	93	18	prices	price	NOUN
aijbe-867	93	19	lead	lead	VERB
aijbe-867	93	20	to	to	ADP
aijbe-867	93	21	higher	high	ADJ
aijbe-867	93	22	production	production	NOUN
aijbe-867	93	23	costs	cost	NOUN
aijbe-867	93	24	and	and	CCONJ
aijbe-867	93	25	inflation	inflation	NOUN
aijbe-867	93	26	,	,	PUNCT
aijbe-867	93	27	which	which	PRON
aijbe-867	93	28	have	have	VERB
aijbe-867	93	29	contractionary	contractionary	ADJ
aijbe-867	93	30	effects	effect	NOUN
aijbe-867	93	31	on	on	ADP
aijbe-867	93	32	the	the	DET
aijbe-867	93	33	economy	economy	NOUN
aijbe-867	93	34	and	and	CCONJ
aijbe-867	93	35	trade	trade	NOUN
aijbe-867	93	36	balances	balance	NOUN
aijbe-867	93	37	.	.	PUNCT
aijbe-867	94	1	to	to	PART
aijbe-867	94	2	restore	restore	VERB
aijbe-867	94	3	or	or	CCONJ
aijbe-867	94	4	improve	improve	VERB
aijbe-867	94	5	trade	trade	NOUN
aijbe-867	94	6	balances	balance	NOUN
aijbe-867	94	7	,	,	PUNCT
aijbe-867	94	8	the	the	DET
aijbe-867	94	9	exchange	exchange	NOUN
aijbe-867	94	10	rate	rate	NOUN
aijbe-867	94	11	must	must	AUX
aijbe-867	94	12	adjust	adjust	VERB
aijbe-867	94	13	.	.	PUNCT
aijbe-867	95	1	the	the	DET
aijbe-867	95	2	impact	impact	NOUN
aijbe-867	95	3	of	of	ADP
aijbe-867	95	4	oil	oil	NOUN
aijbe-867	95	5	prices	price	NOUN
aijbe-867	95	6	on	on	ADP
aijbe-867	95	7	exchange	exchange	NOUN
aijbe-867	95	8	rates	rate	NOUN
aijbe-867	95	9	can	can	AUX
aijbe-867	95	10	vary	vary	VERB
aijbe-867	95	11	between	between	ADP
aijbe-867	95	12	advanced	advanced	ADJ
aijbe-867	95	13	and	and	CCONJ
aijbe-867	95	14	emerging	emerge	VERB
aijbe-867	95	15	market	market	NOUN
aijbe-867	95	16	economies	economy	NOUN
aijbe-867	95	17	.	.	PUNCT
aijbe-867	96	1	hamilton	hamilton	PROPN
aijbe-867	96	2	(	(	PUNCT
aijbe-867	96	3	2009	2009	NUM
aijbe-867	96	4	)	)	PUNCT
aijbe-867	96	5	notes	note	VERB
aijbe-867	96	6	that	that	SCONJ
aijbe-867	96	7	oil	oil	NOUN
aijbe-867	96	8	price	price	NOUN
aijbe-867	96	9	shocks	shock	NOUN
aijbe-867	96	10	respond	respond	VERB
aijbe-867	96	11	directly	directly	ADV
aijbe-867	96	12	to	to	ADP
aijbe-867	96	13	economic	economic	ADJ
aijbe-867	96	14	or	or	CCONJ
aijbe-867	96	15	geopolitical	geopolitical	ADJ
aijbe-867	96	16	events	event	NOUN
aijbe-867	96	17	and	and	CCONJ
aijbe-867	96	18	economic	economic	ADJ
aijbe-867	96	19	downturns	downturn	NOUN
aijbe-867	96	20	(	(	PUNCT
aijbe-867	96	21	demand	demand	NOUN
aijbe-867	96	22	-	-	PUNCT
aijbe-867	96	23	side	side	NOUN
aijbe-867	96	24	shocks	shock	NOUN
aijbe-867	96	25	)	)	PUNCT
aijbe-867	96	26	.	.	PUNCT
aijbe-867	97	1	supply	supply	NOUN
aijbe-867	97	2	-	-	PUNCT
aijbe-867	97	3	side	side	NOUN
aijbe-867	97	4	shocks	shock	NOUN
aijbe-867	97	5	are	be	AUX
aijbe-867	97	6	driven	drive	VERB
aijbe-867	97	7	by	by	ADP
aijbe-867	97	8	disruptions	disruption	NOUN
aijbe-867	97	9	in	in	ADP
aijbe-867	97	10	oil	oil	NOUN
aijbe-867	97	11	production	production	NOUN
aijbe-867	97	12	,	,	PUNCT
aijbe-867	97	13	such	such	ADJ
aijbe-867	97	14	as	as	ADP
aijbe-867	97	15	the	the	DET
aijbe-867	97	16	iranian	iranian	ADJ
aijbe-867	97	17	invasion	invasion	NOUN
aijbe-867	97	18	of	of	ADP
aijbe-867	97	19	the	the	DET
aijbe-867	97	20	u.s	u.s	PROPN
aijbe-867	97	21	.	.	PROPN
aijbe-867	97	22	embassy	embassy	NOUN
aijbe-867	97	23	in	in	ADP
aijbe-867	97	24	1978	1978	NUM
aijbe-867	97	25	,	,	PUNCT
aijbe-867	97	26	the	the	DET
aijbe-867	97	27	iraq	iraq	PROPN
aijbe-867	97	28	invasion	invasion	NOUN
aijbe-867	97	29	of	of	ADP
aijbe-867	97	30	ikemenogo	ikemenogo	PROPN
aijbe-867	97	31	,	,	PUNCT
aijbe-867	97	32	eze	eze	PROPN
aijbe-867	97	33	solomon	solomon	PROPN
aijbe-867	97	34	(	(	PUNCT
aijbe-867	97	35	2024	2024	NUM
aijbe-867	97	36	)	)	PUNCT
aijbe-867	97	37	american	american	ADJ
aijbe-867	97	38	interdisciplinary	interdisciplinary	ADJ
aijbe-867	97	39	journal	journal	NOUN
aijbe-867	97	40	of	of	ADP
aijbe-867	97	41	business	business	NOUN
aijbe-867	97	42	and	and	CCONJ
aijbe-867	97	43	economics	economic	NOUN
aijbe-867	97	44	|	|	ADV
aijbe-867	97	45	39	39	NUM
aijbe-867	97	46	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	VERB
aijbe-867	97	47	kuwait	kuwait	PROPN
aijbe-867	97	48	in	in	ADP
aijbe-867	97	49	1980	1980	NUM
aijbe-867	97	50	,	,	PUNCT
aijbe-867	97	51	the	the	DET
aijbe-867	97	52	arab	arab	ADJ
aijbe-867	97	53	spring	spring	NOUN
aijbe-867	97	54	in	in	ADP
aijbe-867	97	55	2000	2000	NUM
aijbe-867	97	56	,	,	PUNCT
aijbe-867	97	57	and	and	CCONJ
aijbe-867	97	58	the	the	DET
aijbe-867	97	59	iranian	iranian	ADJ
aijbe-867	97	60	attack	attack	NOUN
aijbe-867	97	61	on	on	ADP
aijbe-867	97	62	saudi	saudi	ADJ
aijbe-867	97	63	oil	oil	NOUN
aijbe-867	97	64	fields	field	NOUN
aijbe-867	97	65	in	in	ADP
aijbe-867	97	66	2019	2019	NUM
aijbe-867	97	67	.	.	PUNCT
aijbe-867	98	1	these	these	DET
aijbe-867	98	2	events	event	NOUN
aijbe-867	98	3	disrupted	disrupt	VERB
aijbe-867	98	4	oil	oil	NOUN
aijbe-867	98	5	production	production	NOUN
aijbe-867	98	6	without	without	ADP
aijbe-867	98	7	corresponding	correspond	VERB
aijbe-867	98	8	reductions	reduction	NOUN
aijbe-867	98	9	in	in	ADP
aijbe-867	98	10	demand	demand	NOUN
aijbe-867	98	11	,	,	PUNCT
aijbe-867	98	12	driving	drive	VERB
aijbe-867	98	13	up	up	ADP
aijbe-867	98	14	prices	price	NOUN
aijbe-867	98	15	.	.	PUNCT
aijbe-867	99	1	demand	demand	NOUN
aijbe-867	99	2	-	-	PUNCT
aijbe-867	99	3	side	side	NOUN
aijbe-867	99	4	shocks	shock	NOUN
aijbe-867	99	5	,	,	PUNCT
aijbe-867	99	6	on	on	ADP
aijbe-867	99	7	the	the	DET
aijbe-867	99	8	other	other	ADJ
aijbe-867	99	9	hand	hand	NOUN
aijbe-867	99	10	,	,	PUNCT
aijbe-867	99	11	are	be	AUX
aijbe-867	99	12	influenced	influence	VERB
aijbe-867	99	13	by	by	ADP
aijbe-867	99	14	global	global	ADJ
aijbe-867	99	15	economic	economic	ADJ
aijbe-867	99	16	movements	movement	NOUN
aijbe-867	99	17	.	.	PUNCT
aijbe-867	100	1	for	for	ADP
aijbe-867	100	2	example	example	NOUN
aijbe-867	100	3	,	,	PUNCT
aijbe-867	100	4	the	the	DET
aijbe-867	100	5	economic	economic	ADJ
aijbe-867	100	6	growth	growth	NOUN
aijbe-867	100	7	in	in	ADP
aijbe-867	100	8	china	china	PROPN
aijbe-867	100	9	and	and	CCONJ
aijbe-867	100	10	other	other	ADJ
aijbe-867	100	11	developing	develop	VERB
aijbe-867	100	12	economies	economy	NOUN
aijbe-867	100	13	significantly	significantly	ADV
aijbe-867	100	14	increased	increase	VERB
aijbe-867	100	15	oil	oil	NOUN
aijbe-867	100	16	demand	demand	NOUN
aijbe-867	100	17	without	without	ADP
aijbe-867	100	18	a	a	DET
aijbe-867	100	19	matching	match	VERB
aijbe-867	100	20	supply	supply	NOUN
aijbe-867	100	21	increase	increase	NOUN
aijbe-867	100	22	,	,	PUNCT
aijbe-867	100	23	leading	lead	VERB
aijbe-867	100	24	to	to	ADP
aijbe-867	100	25	high	high	ADJ
aijbe-867	100	26	oil	oil	NOUN
aijbe-867	100	27	prices	price	NOUN
aijbe-867	100	28	.	.	PUNCT
aijbe-867	101	1	conversely	conversely	ADV
aijbe-867	101	2	,	,	PUNCT
aijbe-867	101	3	during	during	ADP
aijbe-867	101	4	the	the	DET
aijbe-867	101	5	2007	2007	NUM
aijbe-867	101	6	-	-	SYM
aijbe-867	101	7	2009	2009	NUM
aijbe-867	101	8	global	global	ADJ
aijbe-867	101	9	financial	financial	ADJ
aijbe-867	101	10	crisis	crisis	NOUN
aijbe-867	101	11	,	,	PUNCT
aijbe-867	101	12	a	a	DET
aijbe-867	101	13	dramatic	dramatic	ADJ
aijbe-867	101	14	reduction	reduction	NOUN
aijbe-867	101	15	in	in	ADP
aijbe-867	101	16	oil	oil	NOUN
aijbe-867	101	17	demand	demand	NOUN
aijbe-867	101	18	led	lead	VERB
aijbe-867	101	19	to	to	ADP
aijbe-867	101	20	a	a	DET
aijbe-867	101	21	collapse	collapse	NOUN
aijbe-867	101	22	in	in	ADP
aijbe-867	101	23	oil	oil	NOUN
aijbe-867	101	24	prices	price	NOUN
aijbe-867	101	25	.	.	PUNCT
aijbe-867	102	1	kilian	kilian	PROPN
aijbe-867	102	2	(	(	PUNCT
aijbe-867	102	3	2009	2009	NUM
aijbe-867	102	4	)	)	PUNCT
aijbe-867	102	5	identifies	identify	VERB
aijbe-867	102	6	three	three	NUM
aijbe-867	102	7	types	type	NOUN
aijbe-867	102	8	of	of	ADP
aijbe-867	102	9	oil	oil	NOUN
aijbe-867	102	10	price	price	NOUN
aijbe-867	102	11	shocks	shock	NOUN
aijbe-867	102	12	:	:	PUNCT
aijbe-867	102	13	supply	supply	NOUN
aijbe-867	102	14	-	-	PUNCT
aijbe-867	102	15	side	side	NOUN
aijbe-867	102	16	shocks	shock	NOUN
aijbe-867	102	17	,	,	PUNCT
aijbe-867	102	18	aggregate	aggregate	ADJ
aijbe-867	102	19	demand	demand	NOUN
aijbe-867	102	20	shocks	shock	NOUN
aijbe-867	102	21	,	,	PUNCT
aijbe-867	102	22	and	and	CCONJ
aijbe-867	102	23	precautionary	precautionary	ADJ
aijbe-867	102	24	demand	demand	NOUN
aijbe-867	102	25	shocks	shock	NOUN
aijbe-867	102	26	.	.	PUNCT
aijbe-867	103	1	geopolitical	geopolitical	ADJ
aijbe-867	103	2	unrest	unrest	NOUN
aijbe-867	103	3	often	often	ADV
aijbe-867	103	4	triggers	trigger	VERB
aijbe-867	103	5	precautionary	precautionary	ADJ
aijbe-867	103	6	demand	demand	NOUN
aijbe-867	103	7	shocks	shock	NOUN
aijbe-867	103	8	,	,	PUNCT
aijbe-867	103	9	causing	cause	VERB
aijbe-867	103	10	uncertainty	uncertainty	NOUN
aijbe-867	103	11	about	about	ADP
aijbe-867	103	12	future	future	ADJ
aijbe-867	103	13	oil	oil	NOUN
aijbe-867	103	14	availability	availability	NOUN
aijbe-867	103	15	and	and	CCONJ
aijbe-867	103	16	driving	drive	VERB
aijbe-867	103	17	up	up	ADP
aijbe-867	103	18	prices	price	NOUN
aijbe-867	103	19	.	.	PUNCT
aijbe-867	104	1	for	for	ADP
aijbe-867	104	2	instance	instance	NOUN
aijbe-867	104	3	,	,	PUNCT
aijbe-867	104	4	geopolitical	geopolitical	ADJ
aijbe-867	104	5	events	event	NOUN
aijbe-867	104	6	lead	lead	VERB
aijbe-867	104	7	economic	economic	ADJ
aijbe-867	104	8	agents	agent	NOUN
aijbe-867	104	9	to	to	PART
aijbe-867	104	10	expect	expect	VERB
aijbe-867	104	11	shortages	shortage	NOUN
aijbe-867	104	12	in	in	ADP
aijbe-867	104	13	oil	oil	NOUN
aijbe-867	104	14	supply	supply	NOUN
aijbe-867	104	15	,	,	PUNCT
aijbe-867	104	16	which	which	PRON
aijbe-867	104	17	results	result	VERB
aijbe-867	104	18	in	in	ADP
aijbe-867	104	19	high	high	ADJ
aijbe-867	104	20	oil	oil	NOUN
aijbe-867	104	21	prices	price	NOUN
aijbe-867	104	22	.	.	PUNCT
aijbe-867	105	1	according	accord	VERB
aijbe-867	105	2	to	to	ADP
aijbe-867	105	3	salisu	salisu	NOUN
aijbe-867	105	4	and	and	CCONJ
aijbe-867	105	5	oloko	oloko	NOUN
aijbe-867	105	6	(	(	PUNCT
aijbe-867	105	7	2015	2015	NUM
aijbe-867	105	8	)	)	PUNCT
aijbe-867	105	9	,	,	PUNCT
aijbe-867	105	10	crude	crude	ADJ
aijbe-867	105	11	oil	oil	NOUN
aijbe-867	105	12	price	price	NOUN
aijbe-867	105	13	shocks	shock	NOUN
aijbe-867	105	14	affect	affect	VERB
aijbe-867	105	15	exchange	exchange	NOUN
aijbe-867	105	16	rates	rate	NOUN
aijbe-867	105	17	through	through	ADP
aijbe-867	105	18	the	the	DET
aijbe-867	105	19	terms	term	NOUN
aijbe-867	105	20	of	of	ADP
aijbe-867	105	21	trade	trade	NOUN
aijbe-867	105	22	and	and	CCONJ
aijbe-867	105	23	wealth	wealth	NOUN
aijbe-867	105	24	effect	effect	NOUN
aijbe-867	105	25	channels	channel	NOUN
aijbe-867	105	26	.	.	PUNCT
aijbe-867	106	1	a	a	DET
aijbe-867	106	2	negative	negative	ADJ
aijbe-867	106	3	oil	oil	NOUN
aijbe-867	106	4	price	price	NOUN
aijbe-867	106	5	shock	shock	NOUN
aijbe-867	106	6	transforms	transform	VERB
aijbe-867	106	7	wealth	wealth	NOUN
aijbe-867	106	8	from	from	ADP
aijbe-867	106	9	oil	oil	NOUN
aijbe-867	106	10	exporters	exporter	NOUN
aijbe-867	106	11	to	to	ADP
aijbe-867	106	12	importers	importer	NOUN
aijbe-867	106	13	,	,	PUNCT
aijbe-867	106	14	leading	lead	VERB
aijbe-867	106	15	to	to	ADP
aijbe-867	106	16	higher	high	ADJ
aijbe-867	106	17	production	production	NOUN
aijbe-867	106	18	costs	cost	NOUN
aijbe-867	106	19	and	and	CCONJ
aijbe-867	106	20	inflation	inflation	NOUN
aijbe-867	106	21	,	,	PUNCT
aijbe-867	106	22	which	which	PRON
aijbe-867	106	23	adversely	adversely	ADV
aijbe-867	106	24	affects	affect	VERB
aijbe-867	106	25	trade	trade	NOUN
aijbe-867	106	26	balances	balance	NOUN
aijbe-867	106	27	.	.	PUNCT
aijbe-867	107	1	to	to	PART
aijbe-867	107	2	improve	improve	VERB
aijbe-867	107	3	trade	trade	NOUN
aijbe-867	107	4	balance	balance	NOUN
aijbe-867	107	5	,	,	PUNCT
aijbe-867	107	6	the	the	DET
aijbe-867	107	7	exchange	exchange	NOUN
aijbe-867	107	8	rate	rate	NOUN
aijbe-867	107	9	must	must	AUX
aijbe-867	107	10	adjust	adjust	VERB
aijbe-867	107	11	.	.	PUNCT
aijbe-867	108	1	the	the	DET
aijbe-867	108	2	relationship	relationship	NOUN
aijbe-867	108	3	between	between	ADP
aijbe-867	108	4	exchange	exchange	NOUN
aijbe-867	108	5	rates	rate	NOUN
aijbe-867	108	6	and	and	CCONJ
aijbe-867	108	7	oil	oil	NOUN
aijbe-867	108	8	prices	price	NOUN
aijbe-867	108	9	can	can	AUX
aijbe-867	108	10	differ	differ	VERB
aijbe-867	108	11	between	between	ADP
aijbe-867	108	12	advanced	advanced	ADJ
aijbe-867	108	13	and	and	CCONJ
aijbe-867	108	14	emerging	emerge	VERB
aijbe-867	108	15	market	market	NOUN
aijbe-867	108	16	economies	economy	NOUN
aijbe-867	108	17	.	.	PUNCT
aijbe-867	109	1	2.1.2	2.1.2	NUM
aijbe-867	109	2	exchange	exchange	NOUN
aijbe-867	109	3	rate	rate	NOUN
aijbe-867	109	4	and	and	CCONJ
aijbe-867	109	5	stock	stock	NOUN
aijbe-867	109	6	market	market	NOUN
aijbe-867	109	7	returns	return	VERB
aijbe-867	109	8	aruori	aruori	NOUN
aijbe-867	109	9	(	(	PUNCT
aijbe-867	109	10	2011	2011	NUM
aijbe-867	109	11	)	)	PUNCT
aijbe-867	109	12	emphasized	emphasize	VERB
aijbe-867	109	13	that	that	SCONJ
aijbe-867	109	14	the	the	DET
aijbe-867	109	15	relationship	relationship	NOUN
aijbe-867	109	16	between	between	ADP
aijbe-867	109	17	the	the	DET
aijbe-867	109	18	movement	movement	NOUN
aijbe-867	109	19	of	of	ADP
aijbe-867	109	20	exchange	exchange	NOUN
aijbe-867	109	21	rate	rate	NOUN
aijbe-867	109	22	and	and	CCONJ
aijbe-867	109	23	stock	stock	NOUN
aijbe-867	109	24	returns	return	NOUN
aijbe-867	109	25	could	could	AUX
aijbe-867	109	26	be	be	AUX
aijbe-867	109	27	explained	explain	VERB
aijbe-867	109	28	with	with	ADP
aijbe-867	109	29	several	several	ADJ
aijbe-867	109	30	perspectives	perspective	NOUN
aijbe-867	109	31	.	.	PUNCT
aijbe-867	110	1	the	the	DET
aijbe-867	110	2	flow	flow	NOUN
aijbe-867	110	3	-	-	PUNCT
aijbe-867	110	4	oriented	orient	VERB
aijbe-867	110	5	model	model	NOUN
aijbe-867	110	6	of	of	ADP
aijbe-867	110	7	exchange	exchange	NOUN
aijbe-867	110	8	rate	rate	NOUN
aijbe-867	110	9	behaviour	behaviour	NOUN
aijbe-867	110	10	posits	posit	NOUN
aijbe-867	110	11	that	that	SCONJ
aijbe-867	110	12	depreciation	depreciation	NOUN
aijbe-867	110	13	in	in	ADP
aijbe-867	110	14	the	the	DET
aijbe-867	110	15	exchange	exchange	NOUN
aijbe-867	110	16	rate	rate	NOUN
aijbe-867	110	17	for	for	ADP
aijbe-867	110	18	instance	instance	NOUN
aijbe-867	110	19	would	would	AUX
aijbe-867	110	20	lead	lead	VERB
aijbe-867	110	21	to	to	ADP
aijbe-867	110	22	improved	improved	ADJ
aijbe-867	110	23	trade	trade	NOUN
aijbe-867	110	24	balance	balance	NOUN
aijbe-867	110	25	as	as	SCONJ
aijbe-867	110	26	exports	export	NOUN
aijbe-867	110	27	become	become	VERB
aijbe-867	110	28	cheaper	cheap	ADJ
aijbe-867	110	29	.	.	PUNCT
aijbe-867	111	1	this	this	PRON
aijbe-867	111	2	would	would	AUX
aijbe-867	111	3	result	result	VERB
aijbe-867	111	4	in	in	ADP
aijbe-867	111	5	upward	upward	ADJ
aijbe-867	111	6	shift	shift	NOUN
aijbe-867	111	7	in	in	ADP
aijbe-867	111	8	aggregate	aggregate	ADJ
aijbe-867	111	9	demand	demand	NOUN
aijbe-867	111	10	(	(	PUNCT
aijbe-867	111	11	ad	ad	NOUN
aijbe-867	111	12	)	)	PUNCT
aijbe-867	111	13	,	,	PUNCT
aijbe-867	111	14	hence	hence	ADV
aijbe-867	111	15	overall	overall	ADJ
aijbe-867	111	16	expansion	expansion	NOUN
aijbe-867	111	17	in	in	ADP
aijbe-867	111	18	real	real	ADJ
aijbe-867	111	19	gross	gross	ADJ
aijbe-867	111	20	domestic	domestic	ADJ
aijbe-867	111	21	product	product	NOUN
aijbe-867	111	22	with	with	ADP
aijbe-867	111	23	the	the	DET
aijbe-867	111	24	attendant	attendant	ADJ
aijbe-867	111	25	positive	positive	ADJ
aijbe-867	111	26	effect	effect	NOUN
aijbe-867	111	27	on	on	ADP
aijbe-867	111	28	stock	stock	NOUN
aijbe-867	111	29	market	market	NOUN
aijbe-867	111	30	performance	performance	NOUN
aijbe-867	111	31	.	.	PUNCT
aijbe-867	112	1	the	the	DET
aijbe-867	112	2	stock	stock	NOUN
aijbe-867	112	3	-	-	PUNCT
aijbe-867	112	4	oriented	orient	VERB
aijbe-867	112	5	model	model	NOUN
aijbe-867	112	6	,	,	PUNCT
aijbe-867	112	7	on	on	ADP
aijbe-867	112	8	the	the	DET
aijbe-867	112	9	other	other	ADJ
aijbe-867	112	10	hand	hand	NOUN
aijbe-867	112	11	,	,	PUNCT
aijbe-867	112	12	emphasizes	emphasize	VERB
aijbe-867	112	13	the	the	DET
aijbe-867	112	14	role	role	NOUN
aijbe-867	112	15	of	of	ADP
aijbe-867	112	16	capital	capital	NOUN
aijbe-867	112	17	accounts	account	NOUN
aijbe-867	112	18	in	in	ADP
aijbe-867	112	19	the	the	DET
aijbe-867	112	20	determination	determination	NOUN
aijbe-867	112	21	of	of	ADP
aijbe-867	112	22	a	a	DET
aijbe-867	112	23	country	country	NOUN
aijbe-867	112	24	's	's	PART
aijbe-867	112	25	exchange	exchange	NOUN
aijbe-867	112	26	rate	rate	NOUN
aijbe-867	112	27	.	.	PUNCT
aijbe-867	113	1	in	in	ADP
aijbe-867	113	2	this	this	DET
aijbe-867	113	3	theory	theory	NOUN
aijbe-867	113	4	,	,	PUNCT
aijbe-867	113	5	the	the	DET
aijbe-867	113	6	exchange	exchange	NOUN
aijbe-867	113	7	rate	rate	NOUN
aijbe-867	113	8	equates	equate	VERB
aijbe-867	113	9	the	the	DET
aijbe-867	113	10	demand	demand	NOUN
aijbe-867	113	11	and	and	CCONJ
aijbe-867	113	12	supply	supply	NOUN
aijbe-867	113	13	of	of	ADP
aijbe-867	113	14	financial	financial	ADJ
aijbe-867	113	15	assets	asset	NOUN
aijbe-867	113	16	(	(	PUNCT
aijbe-867	113	17	stock	stock	NOUN
aijbe-867	113	18	and	and	CCONJ
aijbe-867	113	19	bonds	bond	NOUN
aijbe-867	113	20	)	)	PUNCT
aijbe-867	113	21	.	.	PUNCT
aijbe-867	114	1	thus	thus	ADV
aijbe-867	114	2	,	,	PUNCT
aijbe-867	114	3	expectation	expectation	NOUN
aijbe-867	114	4	of	of	ADP
aijbe-867	114	5	future	future	ADJ
aijbe-867	114	6	exchange	exchange	NOUN
aijbe-867	114	7	rates	rate	NOUN
aijbe-867	114	8	affects	affect	VERB
aijbe-867	114	9	the	the	DET
aijbe-867	114	10	current	current	ADJ
aijbe-867	114	11	price	price	NOUN
aijbe-867	114	12	of	of	ADP
aijbe-867	114	13	financial	financial	ADJ
aijbe-867	114	14	markets	market	NOUN
aijbe-867	114	15	(	(	PUNCT
aijbe-867	114	16	aruori	aruori	NOUN
aijbe-867	114	17	.	.	PUNCT
aijbe-867	114	18	2011	2011	NUM
aijbe-867	114	19	)	)	PUNCT
aijbe-867	114	20	.	.	PUNCT
aijbe-867	115	1	from	from	ADP
aijbe-867	115	2	another	another	DET
aijbe-867	115	3	perspective	perspective	ADJ
aijbe-867	115	4	brown	brown	NOUN
aijbe-867	115	5	&	&	CCONJ
aijbe-867	115	6	yucel	yucel	PROPN
aijbe-867	115	7	,	,	PUNCT
aijbe-867	115	8	(	(	PUNCT
aijbe-867	115	9	2002	2002	NUM
aijbe-867	115	10	)	)	PUNCT
aijbe-867	115	11	aligning	align	VERB
aijbe-867	115	12	with	with	ADP
aijbe-867	115	13	the	the	DET
aijbe-867	115	14	arbitrage	arbitrage	NOUN
aijbe-867	115	15	price	price	NOUN
aijbe-867	115	16	theory	theory	NOUN
aijbe-867	115	17	argued	argue	VERB
aijbe-867	115	18	that	that	SCONJ
aijbe-867	115	19	a	a	DET
aijbe-867	115	20	rise	rise	NOUN
aijbe-867	115	21	in	in	ADP
aijbe-867	115	22	real	real	ADJ
aijbe-867	115	23	interest	interest	NOUN
aijbe-867	115	24	rate	rate	NOUN
aijbe-867	115	25	will	will	AUX
aijbe-867	115	26	reduce	reduce	VERB
aijbe-867	115	27	the	the	DET
aijbe-867	115	28	present	present	ADJ
aijbe-867	115	29	value	value	NOUN
aijbe-867	115	30	(	(	PUNCT
aijbe-867	115	31	pv	pv	NOUN
aijbe-867	115	32	)	)	PUNCT
aijbe-867	115	33	of	of	ADP
aijbe-867	115	34	the	the	DET
aijbe-867	115	35	future	future	ADJ
aijbe-867	115	36	cash	cash	NOUN
aijbe-867	115	37	flow	flow	NOUN
aijbe-867	115	38	which	which	PRON
aijbe-867	115	39	consequently	consequently	ADV
aijbe-867	115	40	make	make	VERB
aijbe-867	115	41	stock	stock	NOUN
aijbe-867	115	42	returns	return	NOUN
aijbe-867	115	43	to	to	PART
aijbe-867	115	44	fall	fall	VERB
aijbe-867	115	45	.	.	PUNCT
aijbe-867	116	1	as	as	ADP
aijbe-867	116	2	the	the	DET
aijbe-867	116	3	real	real	ADJ
aijbe-867	116	4	interest	interest	NOUN
aijbe-867	116	5	rate	rate	NOUN
aijbe-867	116	6	rises	rise	NOUN
aijbe-867	116	7	,	,	PUNCT
aijbe-867	116	8	capital	capital	NOUN
aijbe-867	116	9	flows	flow	NOUN
aijbe-867	116	10	increase	increase	VERB
aijbe-867	116	11	,	,	PUNCT
aijbe-867	116	12	causing	cause	VERB
aijbe-867	116	13	the	the	DET
aijbe-867	116	14	domestic	domestic	ADJ
aijbe-867	116	15	currency	currency	NOUN
aijbe-867	116	16	to	to	PART
aijbe-867	116	17	appreciate	appreciate	VERB
aijbe-867	116	18	and	and	CCONJ
aijbe-867	116	19	fall	fall	VERB
aijbe-867	116	20	in	in	ADP
aijbe-867	116	21	stock	stock	NOUN
aijbe-867	116	22	returns	return	NOUN
aijbe-867	116	23	,	,	PUNCT
aijbe-867	116	24	they	they	PRON
aijbe-867	116	25	argued	argue	VERB
aijbe-867	116	26	.	.	PUNCT
aijbe-867	117	1	2.1.3	2.1.3	NUM
aijbe-867	117	2	oil	oil	NOUN
aijbe-867	117	3	price	price	NOUN
aijbe-867	117	4	and	and	CCONJ
aijbe-867	117	5	stock	stock	NOUN
aijbe-867	117	6	price	price	NOUN
aijbe-867	117	7	oil	oil	NOUN
aijbe-867	117	8	price	price	NOUN
aijbe-867	117	9	may	may	AUX
aijbe-867	117	10	impact	impact	VERB
aijbe-867	117	11	stock	stock	NOUN
aijbe-867	117	12	performance	performance	NOUN
aijbe-867	117	13	through	through	ADP
aijbe-867	117	14	several	several	ADJ
aijbe-867	117	15	channels	channel	NOUN
aijbe-867	117	16	such	such	ADJ
aijbe-867	117	17	as	as	ADP
aijbe-867	117	18	uncertainty	uncertainty	NOUN
aijbe-867	117	19	,	,	PUNCT
aijbe-867	117	20	fiscal	fiscal	ADJ
aijbe-867	117	21	,	,	PUNCT
aijbe-867	117	22	output	output	NOUN
aijbe-867	117	23	and	and	CCONJ
aijbe-867	117	24	stock	stock	NOUN
aijbe-867	117	25	variation	variation	NOUN
aijbe-867	117	26	channels	channel	NOUN
aijbe-867	117	27	(	(	PUNCT
aijbe-867	117	28	degiannakis	degiannakis	PROPN
aijbe-867	117	29	,	,	PUNCT
aijbe-867	117	30	filis	filis	PROPN
aijbe-867	117	31	&	&	CCONJ
aijbe-867	117	32	arora	arora	PROPN
aijbe-867	117	33	,	,	PUNCT
aijbe-867	117	34	2018	2018	NUM
aijbe-867	117	35	)	)	PUNCT
aijbe-867	117	36	.	.	PUNCT
aijbe-867	118	1	oil	oil	NOUN
aijbe-867	118	2	price	price	NOUN
aijbe-867	118	3	is	be	AUX
aijbe-867	118	4	susceptible	susceptible	ADJ
aijbe-867	118	5	to	to	ADP
aijbe-867	118	6	high	high	ADJ
aijbe-867	118	7	volatility	volatility	NOUN
aijbe-867	118	8	due	due	ADP
aijbe-867	118	9	to	to	ADP
aijbe-867	118	10	supply	supply	VERB
aijbe-867	118	11	shocks	shock	NOUN
aijbe-867	118	12	and	and	CCONJ
aijbe-867	118	13	therefore	therefore	ADV
aijbe-867	118	14	,	,	PUNCT
aijbe-867	118	15	the	the	DET
aijbe-867	118	16	risk	risk	NOUN
aijbe-867	118	17	of	of	ADP
aijbe-867	118	18	uncertainties	uncertainty	NOUN
aijbe-867	118	19	occasioned	occasion	VERB
aijbe-867	118	20	by	by	ADP
aijbe-867	118	21	oil	oil	NOUN
aijbe-867	118	22	price	price	NOUN
aijbe-867	118	23	volatility	volatility	NOUN
aijbe-867	118	24	usually	usually	ADV
aijbe-867	118	25	affect	affect	VERB
aijbe-867	118	26	investors	investor	NOUN
aijbe-867	118	27	'	'	PART
aijbe-867	118	28	portfolio	portfolio	NOUN
aijbe-867	118	29	,	,	PUNCT
aijbe-867	118	30	particularly	particularly	ADV
aijbe-867	118	31	,	,	PUNCT
aijbe-867	118	32	portfolio	portfolio	NOUN
aijbe-867	118	33	managers	manager	NOUN
aijbe-867	118	34	seeking	seek	VERB
aijbe-867	118	35	to	to	PART
aijbe-867	118	36	make	make	VERB
aijbe-867	118	37	optimal	optimal	ADJ
aijbe-867	118	38	portfolio	portfolio	NOUN
aijbe-867	118	39	allocations	allocation	NOUN
aijbe-867	118	40	(	(	PUNCT
aijbe-867	118	41	arouri	arouri	PROPN
aijbe-867	118	42	,	,	PUNCT
aijbe-867	118	43	2011	2011	NUM
aijbe-867	118	44	)	)	PUNCT
aijbe-867	118	45	;	;	PUNCT
aijbe-867	118	46	cited	cite	VERB
aijbe-867	118	47	in	in	ADP
aijbe-867	118	48	salisu	salisu	ADJ
aijbe-867	118	49	and	and	CCONJ
aijbe-867	118	50	oloko	oloko	NOUN
aijbe-867	118	51	(	(	PUNCT
aijbe-867	118	52	2015	2015	NUM
aijbe-867	118	53	)	)	PUNCT
aijbe-867	118	54	.	.	PUNCT
aijbe-867	119	1	also	also	ADV
aijbe-867	119	2	,	,	PUNCT
aijbe-867	119	3	uncertainty	uncertainty	NOUN
aijbe-867	119	4	channels	channel	NOUN
aijbe-867	119	5	views	view	NOUN
aijbe-867	119	6	explain	explain	VERB
aijbe-867	119	7	that	that	SCONJ
aijbe-867	119	8	rising	rise	VERB
aijbe-867	119	9	crude	crude	ADJ
aijbe-867	119	10	oil	oil	NOUN
aijbe-867	119	11	prices	price	NOUN
aijbe-867	119	12	heightens	heighten	VERB
aijbe-867	119	13	uncertainty	uncertainty	NOUN
aijbe-867	119	14	in	in	ADP
aijbe-867	119	15	the	the	DET
aijbe-867	119	16	real	real	ADJ
aijbe-867	119	17	economy	economy	NOUN
aijbe-867	119	18	(	(	PUNCT
aijbe-867	119	19	firms	firm	NOUN
aijbe-867	119	20	and	and	CCONJ
aijbe-867	119	21	households	household	NOUN
aijbe-867	119	22	)	)	PUNCT
aijbe-867	119	23	due	due	ADP
aijbe-867	119	24	to	to	ADP
aijbe-867	119	25	its	its	PRON
aijbe-867	119	26	effect	effect	NOUN
aijbe-867	119	27	on	on	ADP
aijbe-867	119	28	inflation	inflation	NOUN
aijbe-867	119	29	,	,	PUNCT
aijbe-867	119	30	consumption	consumption	NOUN
aijbe-867	119	31	,	,	PUNCT
aijbe-867	119	32	and	and	CCONJ
aijbe-867	119	33	output	output	NOUN
aijbe-867	119	34	(	(	PUNCT
aijbe-867	119	35	brown	brown	PROPN
aijbe-867	119	36	&	&	CCONJ
aijbe-867	119	37	yucel	yucel	PROPN
aijbe-867	119	38	,	,	PUNCT
aijbe-867	119	39	2002	2002	NUM
aijbe-867	119	40	)	)	PUNCT
aijbe-867	119	41	.	.	PUNCT
aijbe-867	120	1	for	for	ADP
aijbe-867	120	2	a	a	DET
aijbe-867	120	3	firm	firm	NOUN
aijbe-867	120	4	,	,	PUNCT
aijbe-867	120	5	it	it	PRON
aijbe-867	120	6	tends	tend	VERB
aijbe-867	120	7	to	to	PART
aijbe-867	120	8	reduce	reduce	VERB
aijbe-867	120	9	the	the	DET
aijbe-867	120	10	demand	demand	NOUN
aijbe-867	120	11	for	for	ADP
aijbe-867	120	12	irreversible	irreversible	ADJ
aijbe-867	120	13	investment	investment	NOUN
aijbe-867	120	14	and	and	CCONJ
aijbe-867	120	15	consequently	consequently	ADV
aijbe-867	120	16	,	,	PUNCT
aijbe-867	120	17	expected	expect	VERB
aijbe-867	120	18	cash	cash	NOUN
aijbe-867	120	19	flow	flow	NOUN
aijbe-867	120	20	declines	decline	VERB
aijbe-867	120	21	.	.	PUNCT
aijbe-867	121	1	on	on	ADP
aijbe-867	121	2	the	the	DET
aijbe-867	121	3	household	household	NOUN
aijbe-867	121	4	,	,	PUNCT
aijbe-867	121	5	increased	increase	VERB
aijbe-867	121	6	uncertainty	uncertainty	NOUN
aijbe-867	121	7	,	,	PUNCT
aijbe-867	121	8	resulting	result	VERB
aijbe-867	121	9	from	from	ADP
aijbe-867	121	10	higher	high	ADJ
aijbe-867	121	11	cost	cost	NOUN
aijbe-867	121	12	of	of	ADP
aijbe-867	121	13	crude	crude	ADJ
aijbe-867	121	14	oil	oil	NOUN
aijbe-867	121	15	also	also	ADV
aijbe-867	121	16	increases	increase	VERB
aijbe-867	121	17	the	the	DET
aijbe-867	121	18	households	household	NOUN
aijbe-867	121	19	'	'	PART
aijbe-867	121	20	ability	ability	NOUN
aijbe-867	121	21	to	to	PART
aijbe-867	121	22	save	save	VERB
aijbe-867	121	23	rather	rather	ADV
aijbe-867	121	24	than	than	ADP
aijbe-867	121	25	consume	consume	VERB
aijbe-867	121	26	.	.	PUNCT
aijbe-867	122	1	(	(	PUNCT
aijbe-867	122	2	brown	brown	PROPN
aijbe-867	122	3	&	&	CCONJ
aijbe-867	122	4	yucel	yucel	PROPN
aijbe-867	122	5	,	,	PUNCT
aijbe-867	122	6	2002	2002	NUM
aijbe-867	122	7	)	)	PUNCT
aijbe-867	122	8	.	.	PUNCT
aijbe-867	123	1	given	give	VERB
aijbe-867	123	2	the	the	DET
aijbe-867	123	3	above	above	ADJ
aijbe-867	123	4	,	,	PUNCT
aijbe-867	123	5	the	the	DET
aijbe-867	123	6	value	value	NOUN
aijbe-867	123	7	of	of	ADP
aijbe-867	123	8	postponing	postpone	VERB
aijbe-867	123	9	investment	investment	NOUN
aijbe-867	123	10	and	and	CCONJ
aijbe-867	123	11	consumption	consumption	NOUN
aijbe-867	123	12	decisions	decision	NOUN
aijbe-867	123	13	rises	rise	VERB
aijbe-867	123	14	and	and	CCONJ
aijbe-867	123	15	hence	hence	ADV
aijbe-867	123	16	,	,	PUNCT
aijbe-867	123	17	economic	economic	ADJ
aijbe-867	123	18	growth	growth	NOUN
aijbe-867	123	19	and	and	CCONJ
aijbe-867	123	20	stock	stock	NOUN
aijbe-867	123	21	market	market	NOUN
aijbe-867	123	22	returns	return	NOUN
aijbe-867	123	23	stifles	stifle	VERB
aijbe-867	123	24	.	.	PUNCT
aijbe-867	124	1	oil	oil	NOUN
aijbe-867	124	2	prices	price	NOUN
aijbe-867	124	3	also	also	ADV
aijbe-867	124	4	impact	impact	VERB
aijbe-867	124	5	stock	stock	NOUN
aijbe-867	124	6	performance	performance	NOUN
aijbe-867	124	7	through	through	ADP
aijbe-867	124	8	a	a	DET
aijbe-867	124	9	more	more	ADV
aijbe-867	124	10	direct	direct	ADJ
aijbe-867	124	11	channel	channel	NOUN
aijbe-867	124	12	—	—	PUNCT
aijbe-867	124	13	that	that	ADV
aijbe-867	124	14	is	is	ADV
aijbe-867	124	15	,	,	PUNCT
aijbe-867	124	16	the	the	DET
aijbe-867	124	17	stock	stock	NOUN
aijbe-867	124	18	variation	variation	NOUN
aijbe-867	124	19	channel	channel	NOUN
aijbe-867	124	20	.	.	PUNCT
aijbe-867	125	1	the	the	DET
aijbe-867	125	2	nexus	nexus	NOUN
aijbe-867	125	3	suggests	suggest	VERB
aijbe-867	125	4	that	that	SCONJ
aijbe-867	125	5	stock	stock	NOUN
aijbe-867	125	6	returns	return	NOUN
aijbe-867	125	7	are	be	AUX
aijbe-867	125	8	impacted	impact	VERB
aijbe-867	125	9	by	by	ADP
aijbe-867	125	10	factors	factor	NOUN
aijbe-867	125	11	that	that	PRON
aijbe-867	125	12	can	can	AUX
aijbe-867	125	13	alter	alter	VERB
aijbe-867	125	14	expected	expect	VERB
aijbe-867	125	15	cash	cash	NOUN
aijbe-867	125	16	flows	flow	NOUN
aijbe-867	125	17	and	and	CCONJ
aijbe-867	125	18	discount	discount	NOUN
aijbe-867	125	19	rates	rate	NOUN
aijbe-867	125	20	.	.	PUNCT
aijbe-867	126	1	however	however	ADV
aijbe-867	126	2	,	,	PUNCT
aijbe-867	126	3	this	this	PRON
aijbe-867	126	4	depends	depend	VERB
aijbe-867	126	5	on	on	ADP
aijbe-867	126	6	whether	whether	SCONJ
aijbe-867	126	7	the	the	DET
aijbe-867	126	8	firm	firm	NOUN
aijbe-867	126	9	is	be	AUX
aijbe-867	126	10	an	an	DET
aijbe-867	126	11	oil	oil	NOUN
aijbe-867	126	12	user	user	NOUN
aijbe-867	126	13	or	or	CCONJ
aijbe-867	126	14	oil	oil	NOUN
aijbe-867	126	15	producer	producer	NOUN
aijbe-867	126	16	.	.	PUNCT
aijbe-867	127	1	ikemenogo	ikemenogo	PROPN
aijbe-867	127	2	,	,	PUNCT
aijbe-867	127	3	eze	eze	PROPN
aijbe-867	127	4	solomon	solomon	PROPN
aijbe-867	127	5	(	(	PUNCT
aijbe-867	127	6	2024	2024	NUM
aijbe-867	127	7	)	)	PUNCT
aijbe-867	127	8	american	american	ADJ
aijbe-867	127	9	interdisciplinary	interdisciplinary	ADJ
aijbe-867	127	10	journal	journal	NOUN
aijbe-867	127	11	of	of	ADP
aijbe-867	127	12	business	business	NOUN
aijbe-867	127	13	and	and	CCONJ
aijbe-867	127	14	economics	economic	NOUN
aijbe-867	127	15	|	|	ADV
aijbe-867	127	16	40	40	NUM
aijbe-867	127	17	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	127	18	given	give	VERB
aijbe-867	127	19	that	that	SCONJ
aijbe-867	127	20	oil	oil	NOUN
aijbe-867	127	21	is	be	AUX
aijbe-867	127	22	a	a	DET
aijbe-867	127	23	major	major	ADJ
aijbe-867	127	24	production	production	NOUN
aijbe-867	127	25	factor	factor	NOUN
aijbe-867	127	26	,	,	PUNCT
aijbe-867	127	27	any	any	DET
aijbe-867	127	28	increase	increase	NOUN
aijbe-867	127	29	in	in	ADP
aijbe-867	127	30	oil	oil	NOUN
aijbe-867	127	31	price	price	NOUN
aijbe-867	127	32	will	will	AUX
aijbe-867	127	33	result	result	VERB
aijbe-867	127	34	in	in	ADP
aijbe-867	127	35	an	an	DET
aijbe-867	127	36	increased	increase	VERB
aijbe-867	127	37	production	production	NOUN
aijbe-867	127	38	cost	cost	NOUN
aijbe-867	127	39	(	(	PUNCT
aijbe-867	127	40	assuming	assume	VERB
aijbe-867	127	41	a	a	DET
aijbe-867	127	42	case	case	NOUN
aijbe-867	127	43	of	of	ADP
aijbe-867	127	44	absence	absence	NOUN
aijbe-867	127	45	of	of	ADP
aijbe-867	127	46	substitution	substitution	NOUN
aijbe-867	127	47	effect	effect	NOUN
aijbe-867	127	48	between	between	ADP
aijbe-867	127	49	production	production	NOUN
aijbe-867	127	50	factors	factor	NOUN
aijbe-867	127	51	)	)	PUNCT
aijbe-867	127	52	.	.	PUNCT
aijbe-867	128	1	this	this	PRON
aijbe-867	128	2	leads	lead	VERB
aijbe-867	128	3	to	to	ADP
aijbe-867	128	4	reduced	reduce	VERB
aijbe-867	128	5	profit	profit	NOUN
aijbe-867	128	6	levels	level	NOUN
aijbe-867	128	7	and	and	CCONJ
aijbe-867	128	8	future	future	ADJ
aijbe-867	128	9	cash	cash	NOUN
aijbe-867	128	10	flows	flow	NOUN
aijbe-867	128	11	.	.	PUNCT
aijbe-867	129	1	for	for	ADP
aijbe-867	129	2	the	the	DET
aijbe-867	129	3	oil	oil	NOUN
aijbe-867	129	4	producer	producer	NOUN
aijbe-867	129	5	,	,	PUNCT
aijbe-867	129	6	increase	increase	NOUN
aijbe-867	129	7	in	in	ADP
aijbe-867	129	8	crude	crude	ADJ
aijbe-867	129	9	oil	oil	NOUN
aijbe-867	129	10	prices	price	NOUN
aijbe-867	129	11	results	result	VERB
aijbe-867	129	12	in	in	ADP
aijbe-867	129	13	increased	increase	VERB
aijbe-867	129	14	profit	profit	NOUN
aijbe-867	129	15	margins	margin	NOUN
aijbe-867	129	16	and	and	CCONJ
aijbe-867	129	17	thus	thus	ADV
aijbe-867	129	18	,	,	PUNCT
aijbe-867	129	19	increased	increase	VERB
aijbe-867	129	20	future	future	ADJ
aijbe-867	129	21	cash	cash	NOUN
aijbe-867	129	22	flows	flow	NOUN
aijbe-867	129	23	(	(	PUNCT
aijbe-867	129	24	basher	basher	NOUN
aijbe-867	129	25	&	&	CCONJ
aijbe-867	129	26	sadorsky	sadorsky	PROPN
aijbe-867	129	27	,	,	PUNCT
aijbe-867	129	28	2006	2006	NUM
aijbe-867	129	29	)	)	PUNCT
aijbe-867	129	30	.	.	PUNCT
aijbe-867	130	1	furthermore	furthermore	ADV
aijbe-867	130	2	,	,	PUNCT
aijbe-867	130	3	higher	high	ADJ
aijbe-867	130	4	interest	interest	NOUN
aijbe-867	130	5	rate	rate	NOUN
aijbe-867	130	6	response	response	NOUN
aijbe-867	130	7	by	by	ADP
aijbe-867	130	8	the	the	DET
aijbe-867	130	9	monetary	monetary	ADJ
aijbe-867	130	10	authority	authority	NOUN
aijbe-867	130	11	to	to	ADP
aijbe-867	130	12	an	an	DET
aijbe-867	130	13	inflationary	inflationary	ADJ
aijbe-867	130	14	pressure	pressure	NOUN
aijbe-867	130	15	from	from	ADP
aijbe-867	130	16	the	the	DET
aijbe-867	130	17	rising	rise	VERB
aijbe-867	130	18	oil	oil	NOUN
aijbe-867	130	19	prices	price	NOUN
aijbe-867	130	20	also	also	ADV
aijbe-867	130	21	affect	affect	VERB
aijbe-867	130	22	the	the	DET
aijbe-867	130	23	discount	discount	NOUN
aijbe-867	130	24	rate	rate	NOUN
aijbe-867	130	25	;	;	PUNCT
aijbe-867	130	26	an	an	DET
aijbe-867	130	27	important	important	ADJ
aijbe-867	130	28	factor	factor	NOUN
aijbe-867	130	29	in	in	ADP
aijbe-867	130	30	stock	stock	NOUN
aijbe-867	130	31	price	price	NOUN
aijbe-867	130	32	formulation	formulation	NOUN
aijbe-867	130	33	(	(	PUNCT
aijbe-867	130	34	basher	basher	NOUN
aijbe-867	130	35	,	,	PUNCT
aijbe-867	130	36	haug	haug	NOUN
aijbe-867	130	37	&	&	CCONJ
aijbe-867	130	38	sardosky	sardosky	NOUN
aijbe-867	130	39	,	,	PUNCT
aijbe-867	130	40	2012	2012	NUM
aijbe-867	130	41	)	)	PUNCT
aijbe-867	130	42	.	.	PUNCT
aijbe-867	131	1	2.2	2.2	NUM
aijbe-867	131	2	theoretical	theoretical	ADJ
aijbe-867	131	3	review	review	NOUN
aijbe-867	131	4	theory	theory	NOUN
aijbe-867	131	5	-	-	PUNCT
aijbe-867	131	6	based	base	VERB
aijbe-867	131	7	framework	framework	NOUN
aijbe-867	131	8	from	from	ADP
aijbe-867	131	9	various	various	ADJ
aijbe-867	131	10	ideas	idea	NOUN
aijbe-867	131	11	have	have	AUX
aijbe-867	131	12	been	be	AUX
aijbe-867	131	13	used	use	VERB
aijbe-867	131	14	in	in	ADP
aijbe-867	131	15	the	the	DET
aijbe-867	131	16	past	past	NOUN
aijbe-867	131	17	to	to	PART
aijbe-867	131	18	support	support	VERB
aijbe-867	131	19	analyses	analysis	NOUN
aijbe-867	131	20	of	of	ADP
aijbe-867	131	21	the	the	DET
aijbe-867	131	22	impact	impact	NOUN
aijbe-867	131	23	of	of	ADP
aijbe-867	131	24	oil	oil	NOUN
aijbe-867	131	25	price	price	NOUN
aijbe-867	131	26	volatility	volatility	NOUN
aijbe-867	131	27	on	on	ADP
aijbe-867	131	28	stock	stock	NOUN
aijbe-867	131	29	markets	market	NOUN
aijbe-867	131	30	.	.	PUNCT
aijbe-867	132	1	as	as	ADP
aijbe-867	132	2	a	a	DET
aijbe-867	132	3	result	result	NOUN
aijbe-867	132	4	,	,	PUNCT
aijbe-867	132	5	the	the	DET
aijbe-867	132	6	theoretical	theoretical	ADJ
aijbe-867	132	7	foundation	foundation	NOUN
aijbe-867	132	8	for	for	ADP
aijbe-867	132	9	this	this	DET
aijbe-867	132	10	study	study	NOUN
aijbe-867	132	11	comes	come	VERB
aijbe-867	132	12	from	from	ADP
aijbe-867	132	13	the	the	DET
aijbe-867	132	14	arbitrage	arbitrage	NOUN
aijbe-867	132	15	pricing	pricing	NOUN
aijbe-867	132	16	theory	theory	NOUN
aijbe-867	132	17	(	(	PUNCT
aijbe-867	132	18	apt	apt	ADJ
aijbe-867	132	19	)	)	PUNCT
aijbe-867	132	20	.	.	PUNCT
aijbe-867	133	1	2.2.1	2.2.1	NUM
aijbe-867	133	2	arbitrage	arbitrage	NOUN
aijbe-867	133	3	pricing	pricing	NOUN
aijbe-867	133	4	theory	theory	NOUN
aijbe-867	133	5	(	(	PUNCT
aijbe-867	133	6	apt	apt	ADJ
aijbe-867	133	7	)	)	PUNCT
aijbe-867	133	8	the	the	DET
aijbe-867	133	9	arbitrage	arbitrage	NOUN
aijbe-867	133	10	pricing	pricing	NOUN
aijbe-867	133	11	theory	theory	NOUN
aijbe-867	133	12	is	be	AUX
aijbe-867	133	13	a	a	DET
aijbe-867	133	14	multi	multi	ADJ
aijbe-867	133	15	-	-	ADJ
aijbe-867	133	16	factor	factor	NOUN
aijbe-867	133	17	asset	asset	NOUN
aijbe-867	133	18	pricing	pricing	NOUN
aijbe-867	133	19	model	model	NOUN
aijbe-867	133	20	which	which	PRON
aijbe-867	133	21	assumes	assume	VERB
aijbe-867	133	22	that	that	SCONJ
aijbe-867	133	23	an	an	DET
aijbe-867	133	24	asset	asset	NOUN
aijbe-867	133	25	's	's	PART
aijbe-867	133	26	returns	return	NOUN
aijbe-867	133	27	may	may	AUX
aijbe-867	133	28	be	be	AUX
aijbe-867	133	29	forecasted	forecast	VERB
aijbe-867	133	30	using	use	VERB
aijbe-867	133	31	a	a	DET
aijbe-867	133	32	linear	linear	ADJ
aijbe-867	133	33	relationship	relationship	NOUN
aijbe-867	133	34	between	between	ADP
aijbe-867	133	35	the	the	DET
aijbe-867	133	36	assets	asset	NOUN
aijbe-867	133	37	expected	expect	VERB
aijbe-867	133	38	return	return	NOUN
aijbe-867	133	39	and	and	CCONJ
aijbe-867	133	40	several	several	ADJ
aijbe-867	133	41	other	other	ADJ
aijbe-867	133	42	macroeconomic	macroeconomic	ADJ
aijbe-867	133	43	variables	variable	NOUN
aijbe-867	133	44	that	that	PRON
aijbe-867	133	45	influence	influence	VERB
aijbe-867	133	46	risk	risk	NOUN
aijbe-867	133	47	.	.	PUNCT
aijbe-867	134	1	stephen	stephen	PROPN
aijbe-867	134	2	ross	ross	PROPN
aijbe-867	134	3	,	,	PUNCT
aijbe-867	134	4	an	an	DET
aijbe-867	134	5	american	american	ADJ
aijbe-867	134	6	economist	economist	NOUN
aijbe-867	134	7	,	,	PUNCT
aijbe-867	134	8	created	create	VERB
aijbe-867	134	9	this	this	DET
aijbe-867	134	10	idea	idea	NOUN
aijbe-867	134	11	in	in	ADP
aijbe-867	134	12	1976	1976	NUM
aijbe-867	134	13	.	.	PUNCT
aijbe-867	135	1	the	the	DET
aijbe-867	135	2	apt	apt	ADJ
aijbe-867	135	3	provides	provide	VERB
aijbe-867	135	4	a	a	DET
aijbe-867	135	5	multi	multi	ADJ
aijbe-867	135	6	-	-	ADJ
aijbe-867	135	7	factor	factor	NOUN
aijbe-867	135	8	pricing	pricing	NOUN
aijbe-867	135	9	model	model	NOUN
aijbe-867	135	10	for	for	ADP
aijbe-867	135	11	securitized	securitized	ADJ
aijbe-867	135	12	assets	asset	NOUN
aijbe-867	135	13	to	to	ADP
aijbe-867	135	14	analysts	analyst	NOUN
aijbe-867	135	15	and	and	CCONJ
aijbe-867	135	16	investors	investor	NOUN
aijbe-867	135	17	.	.	PUNCT
aijbe-867	136	1	the	the	DET
aijbe-867	136	2	apt	apt	ADJ
aijbe-867	136	3	provides	provide	VERB
aijbe-867	136	4	analysts	analyst	NOUN
aijbe-867	136	5	and	and	CCONJ
aijbe-867	136	6	investors	investor	NOUN
aijbe-867	136	7	with	with	ADP
aijbe-867	136	8	a	a	DET
aijbe-867	136	9	multi	multi	ADJ
aijbe-867	136	10	-	-	ADJ
aijbe-867	136	11	factor	factor	NOUN
aijbe-867	136	12	pricing	pricing	NOUN
aijbe-867	136	13	model	model	NOUN
aijbe-867	136	14	for	for	ADP
aijbe-867	136	15	securities	security	NOUN
aijbe-867	136	16	that	that	PRON
aijbe-867	136	17	is	be	AUX
aijbe-867	136	18	based	base	VERB
aijbe-867	136	19	on	on	ADP
aijbe-867	136	20	the	the	DET
aijbe-867	136	21	link	link	NOUN
aijbe-867	136	22	between	between	ADP
aijbe-867	136	23	the	the	DET
aijbe-867	136	24	projected	project	VERB
aijbe-867	136	25	return	return	NOUN
aijbe-867	136	26	of	of	ADP
aijbe-867	136	27	a	a	DET
aijbe-867	136	28	financial	financial	ADJ
aijbe-867	136	29	asset	asset	NOUN
aijbe-867	136	30	and	and	CCONJ
aijbe-867	136	31	its	its	PRON
aijbe-867	136	32	risk	risk	NOUN
aijbe-867	136	33	characteristics	characteristic	NOUN
aijbe-867	136	34	.	.	PUNCT
aijbe-867	137	1	the	the	DET
aijbe-867	137	2	goal	goal	NOUN
aijbe-867	137	3	of	of	ADP
aijbe-867	137	4	apt	apt	ADJ
aijbe-867	137	5	is	be	AUX
aijbe-867	137	6	to	to	PART
aijbe-867	137	7	determine	determine	VERB
aijbe-867	137	8	the	the	DET
aijbe-867	137	9	fair	fair	ADJ
aijbe-867	137	10	market	market	NOUN
aijbe-867	137	11	price	price	NOUN
aijbe-867	137	12	of	of	ADP
aijbe-867	137	13	a	a	DET
aijbe-867	137	14	security	security	NOUN
aijbe-867	137	15	that	that	PRON
aijbe-867	137	16	has	have	AUX
aijbe-867	137	17	been	be	AUX
aijbe-867	137	18	temporarily	temporarily	ADV
aijbe-867	137	19	mispriced	misprice	VERB
aijbe-867	137	20	.	.	PUNCT
aijbe-867	138	1	apt	apt	ADJ
aijbe-867	138	2	is	be	AUX
aijbe-867	138	3	a	a	DET
aijbe-867	138	4	more	more	ADV
aijbe-867	138	5	flexible	flexible	ADJ
aijbe-867	138	6	and	and	CCONJ
aijbe-867	138	7	complicated	complicated	ADJ
aijbe-867	138	8	alternative	alternative	NOUN
aijbe-867	138	9	to	to	ADP
aijbe-867	138	10	the	the	DET
aijbe-867	138	11	capital	capital	NOUN
aijbe-867	138	12	asset	asset	NOUN
aijbe-867	138	13	pricing	pricing	NOUN
aijbe-867	138	14	model	model	NOUN
aijbe-867	138	15	(	(	PUNCT
aijbe-867	138	16	capm	capm	PROPN
aijbe-867	138	17	)	)	PUNCT
aijbe-867	138	18	.	.	PUNCT
aijbe-867	139	1	the	the	DET
aijbe-867	139	2	theory	theory	NOUN
aijbe-867	139	3	allows	allow	VERB
aijbe-867	139	4	investors	investor	NOUN
aijbe-867	139	5	and	and	CCONJ
aijbe-867	139	6	analysts	analyst	NOUN
aijbe-867	139	7	to	to	PART
aijbe-867	139	8	tailor	tailor	VERB
aijbe-867	139	9	their	their	PRON
aijbe-867	139	10	studies	study	NOUN
aijbe-867	139	11	to	to	ADP
aijbe-867	139	12	their	their	PRON
aijbe-867	139	13	specific	specific	ADJ
aijbe-867	139	14	needs	need	NOUN
aijbe-867	139	15	.	.	PUNCT
aijbe-867	140	1	arbitrage	arbitrage	NOUN
aijbe-867	140	2	is	be	AUX
aijbe-867	140	3	the	the	DET
aijbe-867	140	4	practice	practice	NOUN
aijbe-867	140	5	of	of	ADP
aijbe-867	140	6	the	the	DET
aijbe-867	140	7	simultaneous	simultaneous	ADJ
aijbe-867	140	8	purchase	purchase	NOUN
aijbe-867	140	9	and	and	CCONJ
aijbe-867	140	10	sale	sale	NOUN
aijbe-867	140	11	of	of	ADP
aijbe-867	140	12	an	an	DET
aijbe-867	140	13	asset	asset	NOUN
aijbe-867	140	14	on	on	ADP
aijbe-867	140	15	different	different	ADJ
aijbe-867	140	16	exchanges	exchange	NOUN
aijbe-867	140	17	,	,	PUNCT
aijbe-867	140	18	taking	take	VERB
aijbe-867	140	19	advantage	advantage	NOUN
aijbe-867	140	20	of	of	ADP
aijbe-867	140	21	slight	slight	ADJ
aijbe-867	140	22	pricing	pricing	NOUN
aijbe-867	140	23	discrepancies	discrepancy	NOUN
aijbe-867	140	24	to	to	PART
aijbe-867	140	25	lock	lock	VERB
aijbe-867	140	26	in	in	ADP
aijbe-867	140	27	a	a	DET
aijbe-867	140	28	risk	risk	NOUN
aijbe-867	140	29	-	-	PUNCT
aijbe-867	140	30	free	free	ADJ
aijbe-867	140	31	profit	profit	NOUN
aijbe-867	140	32	for	for	ADP
aijbe-867	140	33	the	the	DET
aijbe-867	140	34	trade	trade	NOUN
aijbe-867	140	35	.	.	PUNCT
aijbe-867	141	1	apt	apt	ADJ
aijbe-867	141	2	provides	provide	VERB
aijbe-867	141	3	traders	trader	NOUN
aijbe-867	141	4	with	with	ADP
aijbe-867	141	5	a	a	DET
aijbe-867	141	6	model	model	NOUN
aijbe-867	141	7	for	for	ADP
aijbe-867	141	8	calculating	calculate	VERB
aijbe-867	141	9	an	an	DET
aijbe-867	141	10	asset	asset	NOUN
aijbe-867	141	11	's	's	PART
aijbe-867	141	12	theoretical	theoretical	ADJ
aijbe-867	141	13	fair	fair	ADJ
aijbe-867	141	14	market	market	NOUN
aijbe-867	141	15	value	value	NOUN
aijbe-867	141	16	.	.	PUNCT
aijbe-867	142	1	having	having	AUX
aijbe-867	142	2	determined	determine	VERB
aijbe-867	142	3	that	that	DET
aijbe-867	142	4	value	value	NOUN
aijbe-867	142	5	,	,	PUNCT
aijbe-867	142	6	traders	trader	NOUN
aijbe-867	142	7	then	then	ADV
aijbe-867	142	8	look	look	VERB
aijbe-867	142	9	for	for	ADP
aijbe-867	142	10	slight	slight	ADJ
aijbe-867	142	11	deviations	deviation	NOUN
aijbe-867	142	12	from	from	ADP
aijbe-867	142	13	the	the	DET
aijbe-867	142	14	fair	fair	ADJ
aijbe-867	142	15	market	market	NOUN
aijbe-867	142	16	price	price	NOUN
aijbe-867	142	17	and	and	CCONJ
aijbe-867	142	18	trade	trade	NOUN
aijbe-867	142	19	accordingly	accordingly	ADV
aijbe-867	142	20	.	.	PUNCT
aijbe-867	143	1	for	for	ADP
aijbe-867	143	2	example	example	NOUN
aijbe-867	143	3	,	,	PUNCT
aijbe-867	143	4	if	if	SCONJ
aijbe-867	143	5	the	the	DET
aijbe-867	143	6	apt	apt	ADJ
aijbe-867	143	7	pricing	pricing	NOUN
aijbe-867	143	8	model	model	NOUN
aijbe-867	143	9	determines	determine	VERB
aijbe-867	143	10	the	the	DET
aijbe-867	143	11	fair	fair	ADJ
aijbe-867	143	12	market	market	NOUN
aijbe-867	143	13	value	value	NOUN
aijbe-867	143	14	of	of	ADP
aijbe-867	143	15	a	a	DET
aijbe-867	143	16	company	company	NOUN
aijbe-867	143	17	's	's	PART
aijbe-867	143	18	stock	stock	NOUN
aijbe-867	143	19	to	to	PART
aijbe-867	143	20	be	be	AUX
aijbe-867	143	21	₦	₦	ADV
aijbe-867	143	22	50	50	NUM
aijbe-867	143	23	,	,	PUNCT
aijbe-867	143	24	but	but	CCONJ
aijbe-867	143	25	the	the	DET
aijbe-867	143	26	market	market	NOUN
aijbe-867	143	27	price	price	NOUN
aijbe-867	143	28	drops	drop	NOUN
aijbe-867	143	29	to	to	ADP
aijbe-867	143	30	₦	₦	SYM
aijbe-867	143	31	45	45	NUM
aijbe-867	143	32	,	,	PUNCT
aijbe-867	143	33	the	the	DET
aijbe-867	143	34	trader	trader	NOUN
aijbe-867	143	35	will	will	AUX
aijbe-867	143	36	buy	buy	VERB
aijbe-867	143	37	the	the	DET
aijbe-867	143	38	shares	share	NOUN
aijbe-867	143	39	in	in	ADP
aijbe-867	143	40	the	the	DET
aijbe-867	143	41	idea	idea	NOUN
aijbe-867	143	42	that	that	SCONJ
aijbe-867	143	43	additional	additional	ADJ
aijbe-867	143	44	market	market	NOUN
aijbe-867	143	45	price	price	NOUN
aijbe-867	143	46	action	action	NOUN
aijbe-867	143	47	will	will	AUX
aijbe-867	143	48	rapidly	rapidly	ADV
aijbe-867	143	49	"	"	PUNCT
aijbe-867	143	50	correct	correct	ADJ
aijbe-867	143	51	"	"	PUNCT
aijbe-867	143	52	the	the	DET
aijbe-867	143	53	market	market	NOUN
aijbe-867	143	54	price	price	NOUN
aijbe-867	143	55	back	back	ADV
aijbe-867	143	56	to	to	ADP
aijbe-867	143	57	₦	₦	PROPN
aijbe-867	143	58	50	50	NUM
aijbe-867	143	59	/	/	SYM
aijbe-867	143	60	share	share	NOUN
aijbe-867	143	61	.	.	PUNCT
aijbe-867	144	1	thus	thus	ADV
aijbe-867	144	2	,	,	PUNCT
aijbe-867	144	3	this	this	DET
aijbe-867	144	4	study	study	NOUN
aijbe-867	144	5	uses	use	VERB
aijbe-867	144	6	the	the	DET
aijbe-867	144	7	apt	apt	ADJ
aijbe-867	144	8	to	to	PART
aijbe-867	144	9	link	link	VERB
aijbe-867	144	10	crude	crude	ADJ
aijbe-867	144	11	oil	oil	NOUN
aijbe-867	144	12	prices	price	NOUN
aijbe-867	144	13	and	and	CCONJ
aijbe-867	144	14	other	other	ADJ
aijbe-867	144	15	selected	select	VERB
aijbe-867	144	16	macroeconomic	macroeconomic	ADJ
aijbe-867	144	17	variables	variable	NOUN
aijbe-867	144	18	(	(	PUNCT
aijbe-867	144	19	such	such	ADJ
aijbe-867	144	20	as	as	ADP
aijbe-867	144	21	the	the	DET
aijbe-867	144	22	exchange	exchange	NOUN
aijbe-867	144	23	rate	rate	NOUN
aijbe-867	144	24	,	,	PUNCT
aijbe-867	144	25	inflation	inflation	NOUN
aijbe-867	144	26	rate	rate	NOUN
aijbe-867	144	27	,	,	PUNCT
aijbe-867	144	28	and	and	CCONJ
aijbe-867	144	29	interest	interest	NOUN
aijbe-867	144	30	rate	rate	NOUN
aijbe-867	144	31	)	)	PUNCT
aijbe-867	144	32	to	to	ADP
aijbe-867	144	33	stock	stock	NOUN
aijbe-867	144	34	market	market	NOUN
aijbe-867	144	35	performance	performance	NOUN
aijbe-867	144	36	in	in	ADP
aijbe-867	144	37	nigeria	nigeria	PROPN
aijbe-867	144	38	from	from	ADP
aijbe-867	144	39	1981	1981	NUM
aijbe-867	144	40	to	to	ADP
aijbe-867	144	41	2019	2019	NUM
aijbe-867	144	42	.	.	PUNCT
aijbe-867	145	1	its	its	PRON
aijbe-867	145	2	theoretical	theoretical	ADJ
aijbe-867	145	3	underpinning	underpinning	NOUN
aijbe-867	145	4	is	be	AUX
aijbe-867	145	5	derived	derive	VERB
aijbe-867	145	6	from	from	ADP
aijbe-867	145	7	the	the	DET
aijbe-867	145	8	apt	apt	ADJ
aijbe-867	145	9	.	.	PROPN
aijbe-867	145	10	2.2.2	2.2.2	NUM
aijbe-867	145	11	capital	capital	NOUN
aijbe-867	145	12	asset	asset	NOUN
aijbe-867	145	13	pricing	pricing	NOUN
aijbe-867	145	14	model	model	NOUN
aijbe-867	145	15	(	(	PUNCT
aijbe-867	145	16	capm	capm	PROPN
aijbe-867	145	17	)	)	PUNCT
aijbe-867	145	18	the	the	DET
aijbe-867	145	19	capital	capital	NOUN
aijbe-867	145	20	asset	asset	NOUN
aijbe-867	145	21	pricing	pricing	NOUN
aijbe-867	145	22	model	model	NOUN
aijbe-867	145	23	was	be	AUX
aijbe-867	145	24	pioneered	pioneer	VERB
aijbe-867	145	25	by	by	ADP
aijbe-867	145	26	notable	notable	ADJ
aijbe-867	145	27	authors	author	NOUN
aijbe-867	145	28	including	include	VERB
aijbe-867	145	29	sharpe	sharpe	PROPN
aijbe-867	145	30	(	(	PUNCT
aijbe-867	145	31	1964	1964	NUM
aijbe-867	145	32	)	)	PUNCT
aijbe-867	145	33	,	,	PUNCT
aijbe-867	145	34	umer	umer	NOUN
aijbe-867	145	35	(	(	PUNCT
aijbe-867	145	36	1965	1965	NUM
aijbe-867	145	37	)	)	PUNCT
aijbe-867	145	38	,	,	PUNCT
aijbe-867	145	39	mossin	mossin	NOUN
aijbe-867	145	40	(	(	PUNCT
aijbe-867	145	41	1960	1960	NUM
aijbe-867	145	42	)	)	PUNCT
aijbe-867	145	43	.	.	PUNCT
aijbe-867	146	1	the	the	DET
aijbe-867	146	2	capm	capm	PROPN
aijbe-867	146	3	is	be	AUX
aijbe-867	146	4	a	a	DET
aijbe-867	146	5	single	single	ADJ
aijbe-867	146	6	factor	factor	NOUN
aijbe-867	146	7	model	model	NOUN
aijbe-867	146	8	,	,	PUNCT
aijbe-867	146	9	quantifies	quantify	VERB
aijbe-867	146	10	the	the	DET
aijbe-867	146	11	expected	expect	VERB
aijbe-867	146	12	rates	rate	NOUN
aijbe-867	146	13	of	of	ADP
aijbe-867	146	14	return	return	NOUN
aijbe-867	146	15	of	of	ADP
aijbe-867	146	16	an	an	DET
aijbe-867	146	17	asset	asset	NOUN
aijbe-867	146	18	with	with	ADP
aijbe-867	146	19	level	level	NOUN
aijbe-867	146	20	of	of	ADP
aijbe-867	146	21	market	market	NOUN
aijbe-867	146	22	systematic	systematic	ADJ
aijbe-867	146	23	risk	risk	NOUN
aijbe-867	146	24	.	.	PUNCT
aijbe-867	147	1	the	the	DET
aijbe-867	147	2	capm	capm	PROPN
aijbe-867	147	3	has	have	AUX
aijbe-867	147	4	variously	variously	ADV
aijbe-867	147	5	been	be	AUX
aijbe-867	147	6	lead	lead	ADJ
aijbe-867	147	7	among	among	ADP
aijbe-867	147	8	others	other	NOUN
aijbe-867	147	9	by	by	ADP
aijbe-867	147	10	chen	chen	PROPN
aijbe-867	147	11	(	(	PUNCT
aijbe-867	147	12	2003	2003	NUM
aijbe-867	147	13	)	)	PUNCT
aijbe-867	147	14	and	and	CCONJ
aijbe-867	147	15	kim	kim	PROPN
aijbe-867	147	16	et	et	PROPN
aijbe-867	147	17	al	al	PROPN
aijbe-867	147	18	.	.	PUNCT
aijbe-867	148	1	(	(	PUNCT
aijbe-867	148	2	a	a	X
aijbe-867	148	3	)	)	PUNCT
aijbe-867	148	4	2017	2017	NUM
aijbe-867	148	5	.	.	PUNCT
aijbe-867	149	1	it	it	PRON
aijbe-867	149	2	is	be	AUX
aijbe-867	149	3	a	a	DET
aijbe-867	149	4	finance	finance	NOUN
aijbe-867	149	5	model	model	NOUN
aijbe-867	149	6	that	that	PRON
aijbe-867	149	7	establishes	establish	VERB
aijbe-867	149	8	a	a	DET
aijbe-867	149	9	linear	linear	ADJ
aijbe-867	149	10	relationship	relationship	NOUN
aijbe-867	149	11	between	between	ADP
aijbe-867	149	12	the	the	DET
aijbe-867	149	13	required	require	VERB
aijbe-867	149	14	return	return	NOUN
aijbe-867	149	15	on	on	ADP
aijbe-867	149	16	an	an	DET
aijbe-867	149	17	investment	investment	NOUN
aijbe-867	149	18	and	and	CCONJ
aijbe-867	149	19	risk	risk	NOUN
aijbe-867	149	20	.	.	PUNCT
aijbe-867	150	1	capm	capm	PROPN
aijbe-867	150	2	evolved	evolve	VERB
aijbe-867	150	3	to	to	PART
aijbe-867	150	4	measure	measure	VERB
aijbe-867	150	5	this	this	DET
aijbe-867	150	6	systematic	systematic	ADJ
aijbe-867	150	7	risk	risk	NOUN
aijbe-867	150	8	.	.	PUNCT
aijbe-867	151	1	it	it	PRON
aijbe-867	151	2	is	be	AUX
aijbe-867	151	3	widely	widely	ADV
aijbe-867	151	4	used	use	VERB
aijbe-867	151	5	throughout	throughout	ADP
aijbe-867	151	6	finance	finance	NOUN
aijbe-867	151	7	for	for	ADP
aijbe-867	151	8	pricing	price	VERB
aijbe-867	151	9	risky	risky	ADJ
aijbe-867	151	10	securities	security	NOUN
aijbe-867	151	11	and	and	CCONJ
aijbe-867	151	12	generating	generate	VERB
aijbe-867	151	13	expected	expect	VERB
aijbe-867	151	14	returns	return	NOUN
aijbe-867	151	15	for	for	ADP
aijbe-867	151	16	assets	asset	NOUN
aijbe-867	151	17	,	,	PUNCT
aijbe-867	151	18	given	give	VERB
aijbe-867	151	19	the	the	DET
aijbe-867	151	20	risk	risk	NOUN
aijbe-867	151	21	of	of	ADP
aijbe-867	151	22	those	those	DET
aijbe-867	151	23	asset	asset	NOUN
aijbe-867	151	24	and	and	CCONJ
aijbe-867	151	25	cost	cost	NOUN
aijbe-867	151	26	of	of	ADP
aijbe-867	151	27	capital	capital	NOUN
aijbe-867	151	28	.	.	PUNCT
aijbe-867	152	1	algebraically	algebraically	ADV
aijbe-867	152	2	,	,	PUNCT
aijbe-867	152	3	capm	capm	PROPN
aijbe-867	152	4	is	be	AUX
aijbe-867	152	5	presented	present	VERB
aijbe-867	152	6	as	as	ADP
aijbe-867	152	7	𝑅𝑖	𝑅𝑖	PROPN
aijbe-867	152	8	=	=	SYM
aijbe-867	153	1	𝑅𝑓	𝑅𝑓	PROPN
aijbe-867	153	2	+	+	CCONJ
aijbe-867	153	3	𝛽𝑖(𝑅𝑚	𝛽𝑖(𝑅𝑚	VERB
aijbe-867	153	4	−	−	NOUN
aijbe-867	153	5	𝑅𝑓	𝑅𝑓	NOUN
aijbe-867	153	6	)	)	PUNCT
aijbe-867	153	7	2.1	2.1	NUM
aijbe-867	153	8	𝑊ℎ𝑒𝑟𝑒	𝑊ℎ𝑒𝑟𝑒	PROPN
aijbe-867	153	9	:	:	PUNCT
aijbe-867	153	10	𝑚	𝑚	PROPN
aijbe-867	153	11	=	=	SYM
aijbe-867	153	12	𝑚𝑎𝑟𝑘𝑒𝑡	𝑚𝑎𝑟𝑘𝑒𝑡	PROPN
aijbe-867	153	13	𝑝𝑜𝑟𝑡𝑓𝑜𝑙𝑖𝑜	𝑝𝑜𝑟𝑡𝑓𝑜𝑙𝑖𝑜	NOUN
aijbe-867	153	14	,	,	PUNCT
aijbe-867	154	1	𝑅𝑚	𝑅𝑚	PROPN
aijbe-867	154	2	=	=	PUNCT
aijbe-867	154	3	𝐸𝑥𝑝𝑒𝑐𝑡𝑒𝑑	𝐸𝑥𝑝𝑒𝑐𝑡𝑒𝑑	PROPN
aijbe-867	154	4	𝑟𝑒𝑡𝑢𝑟𝑛	𝑟𝑒𝑡𝑢𝑟𝑛	VERB
aijbe-867	154	5	𝑜𝑛	𝑜𝑛	PROPN
aijbe-867	154	6	𝑝𝑜𝑟𝑡𝑓𝑜𝑙𝑖𝑜	𝑝𝑜𝑟𝑡𝑓𝑜𝑙𝑖𝑜	NOUN
aijbe-867	154	7	,	,	PUNCT
aijbe-867	154	8	𝑅𝑓	𝑅𝑓	PROPN
aijbe-867	154	9	=	=	SYM
aijbe-867	154	10	𝑅𝑖𝑠𝑘	𝑅𝑖𝑠𝑘	PROPN
aijbe-867	154	11	𝑓𝑟𝑒𝑒	𝑓𝑟𝑒𝑒	NOUN
aijbe-867	154	12	𝑟𝑒𝑡𝑢𝑟𝑛	𝑟𝑒𝑡𝑢𝑟𝑛	VERB
aijbe-867	154	13	𝑅𝑖	𝑅𝑖	PROPN
aijbe-867	154	14	=	=	PUNCT
aijbe-867	154	15	𝑅𝑒𝑡𝑢𝑟𝑛	𝑅𝑒𝑡𝑢𝑟𝑛	PROPN
aijbe-867	154	16	𝑜𝑛	𝑜𝑛	PROPN
aijbe-867	154	17	𝐴𝑠𝑠𝑒𝑡	𝐴𝑠𝑠𝑒𝑡	PROPN
aijbe-867	154	18	,	,	PUNCT
aijbe-867	154	19	𝛽𝑖	𝛽𝑖	VERB
aijbe-867	154	20	=	=	SYM
aijbe-867	154	21	𝐶𝑂𝑉(𝑅𝑖,𝑅𝑚	𝐶𝑂𝑉(𝑅𝑖,𝑅𝑚	PROPN
aijbe-867	154	22	)	)	PUNCT
aijbe-867	154	23	𝛿𝑚	𝛿𝑚	VERB
aijbe-867	154	24	2	2	NUM
aijbe-867	154	25	2.2	2.2	NUM
aijbe-867	154	26	ikemenogo	ikemenogo	NOUN
aijbe-867	154	27	,	,	PUNCT
aijbe-867	154	28	eze	eze	PROPN
aijbe-867	154	29	solomon	solomon	PROPN
aijbe-867	154	30	(	(	PUNCT
aijbe-867	154	31	2024	2024	NUM
aijbe-867	154	32	)	)	PUNCT
aijbe-867	154	33	american	american	ADJ
aijbe-867	154	34	interdisciplinary	interdisciplinary	ADJ
aijbe-867	154	35	journal	journal	NOUN
aijbe-867	154	36	of	of	ADP
aijbe-867	154	37	business	business	NOUN
aijbe-867	154	38	and	and	CCONJ
aijbe-867	154	39	economics	economic	NOUN
aijbe-867	154	40	|	|	ADV
aijbe-867	154	41	41	41	NUM
aijbe-867	154	42	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	154	43	equation	equation	NOUN
aijbe-867	154	44	2.2	2.2	NUM
aijbe-867	154	45	is	be	AUX
aijbe-867	154	46	called	call	VERB
aijbe-867	154	47	the	the	DET
aijbe-867	154	48	beta	beta	NOUN
aijbe-867	154	49	of	of	ADP
aijbe-867	154	50	the	the	DET
aijbe-867	154	51	asset	asset	NOUN
aijbe-867	154	52	(	(	PUNCT
aijbe-867	154	53	𝑖	𝑖	X
aijbe-867	154	54	)	)	PUNCT
aijbe-867	154	55	and	and	CCONJ
aijbe-867	154	56	(	(	PUNCT
aijbe-867	154	57	𝑚	𝑚	NOUN
aijbe-867	154	58	)	)	PUNCT
aijbe-867	154	59	is	be	AUX
aijbe-867	154	60	the	the	DET
aijbe-867	154	61	variance	variance	NOUN
aijbe-867	154	62	of	of	ADP
aijbe-867	154	63	the	the	DET
aijbe-867	154	64	market	market	NOUN
aijbe-867	154	65	portfolio	portfolio	NOUN
aijbe-867	154	66	.	.	PUNCT
aijbe-867	155	1	for	for	ADP
aijbe-867	155	2	any	any	DET
aijbe-867	155	3	portfolio	portfolio	NOUN
aijbe-867	155	4	<	<	X
aijbe-867	155	5	=	=	X
aijbe-867	155	6	(	(	PUNCT
aijbe-867	155	7	<	<	X
aijbe-867	155	8	1	1	NUM
aijbe-867	155	9	-	-	PUNCT
aijbe-867	155	10	--<n	--<n	NOUN
aijbe-867	155	11	)	)	PUNCT
aijbe-867	155	12	of	of	ADP
aijbe-867	155	13	ranky	ranky	ADJ
aijbe-867	155	14	assets	asset	NOUN
aijbe-867	155	15	,	,	PUNCT
aijbe-867	155	16	its	its	PRON
aijbe-867	155	17	beta	beta	NOUN
aijbe-867	155	18	can	can	AUX
aijbe-867	155	19	be	be	AUX
aijbe-867	155	20	constructed	construct	VERB
aijbe-867	155	21	as	as	ADP
aijbe-867	155	22	a	a	DET
aijbe-867	155	23	weighted	weighted	ADJ
aijbe-867	155	24	average	average	NOUN
aijbe-867	155	25	of	of	ADP
aijbe-867	155	26	individual	individual	ADJ
aijbe-867	155	27	asset	asset	NOUN
aijbe-867	155	28	betas	beta	NOUN
aijbe-867	155	29	as	as	SCONJ
aijbe-867	155	30	follows	follow	VERB
aijbe-867	155	31	:	:	PUNCT
aijbe-867	155	32	𝐸(𝑅𝑖	𝐸(𝑅𝑖	X
aijbe-867	155	33	)	)	PUNCT
aijbe-867	156	1	=	=	SYM
aijbe-867	156	2	𝑅𝑓	𝑅𝑓	ADP
aijbe-867	156	3	+	+	CCONJ
aijbe-867	156	4	𝛽𝜆(𝐸(𝑅𝑚	𝛽𝜆(𝐸(𝑅𝑚	NOUN
aijbe-867	156	5	)	)	PUNCT
aijbe-867	156	6	−	−	PROPN
aijbe-867	157	1	𝑅𝑓	𝑅𝑓	ADP
aijbe-867	157	2	2.3	2.3	NUM
aijbe-867	157	3	𝑊ℎ𝑒𝑟𝑒	𝑊ℎ𝑒𝑟𝑒	PROPN
aijbe-867	157	4	:	:	PUNCT
aijbe-867	157	5	𝐸(𝑅𝑖	𝐸(𝑅𝑖	X
aijbe-867	157	6	)	)	PUNCT
aijbe-867	158	1	=	=	SYM
aijbe-867	158	2	𝑐𝑎𝑝𝑖𝑡𝑎𝑙	𝑐𝑎𝑝𝑖𝑡𝑎𝑙	NOUN
aijbe-867	158	3	𝑎𝑠𝑠𝑒𝑡	𝑎𝑠𝑠𝑒𝑡	VERB
aijbe-867	158	4	𝑒𝑥𝑝𝑒𝑐𝑡𝑒𝑑	𝑒𝑥𝑝𝑒𝑐𝑡𝑒𝑑	ADV
aijbe-867	158	5	𝑟𝑒𝑡𝑢𝑟𝑛	𝑟𝑒𝑡𝑢𝑟𝑛	ADJ
aijbe-867	158	6	,	,	PUNCT
aijbe-867	158	7	𝑅𝑓	𝑅𝑓	PROPN
aijbe-867	158	8	=	=	SYM
aijbe-867	158	9	𝑟𝑖𝑠𝑘	𝑟𝑖𝑠𝑘	NOUN
aijbe-867	158	10	−	−	PROPN
aijbe-867	158	11	𝑓𝑟𝑒𝑒	𝑓𝑟𝑒𝑒	NOUN
aijbe-867	158	12	𝑟𝑎𝑡𝑒	𝑟𝑎𝑡𝑒	NOUN
aijbe-867	158	13	𝑜𝑓	𝑜𝑓	ADP
aijbe-867	158	14	𝑖𝑛𝑡𝑒𝑟𝑒𝑠𝑡	𝑖𝑛𝑡𝑒𝑟𝑒𝑠𝑡	NOUN
aijbe-867	158	15	𝛽𝜆	𝛽𝜆	ADV
aijbe-867	158	16	=	=	PUNCT
aijbe-867	158	17	𝑠𝑒𝑛𝑠𝑖𝑡𝑖𝑣𝑖𝑡𝑦	𝑠𝑒𝑛𝑠𝑖𝑡𝑖𝑣𝑖𝑡𝑦	ADV
aijbe-867	158	18	,	,	PUNCT
aijbe-867	158	19	𝐸(𝑅𝑚	𝐸(𝑅𝑚	NOUN
aijbe-867	158	20	)	)	PUNCT
aijbe-867	158	21	=	=	SYM
aijbe-867	158	22	𝑒𝑥𝑝𝑒𝑐𝑡𝑒𝑑	𝑒𝑥𝑝𝑒𝑐𝑡𝑒𝑑	ADJ
aijbe-867	158	23	𝑟𝑒𝑡𝑢𝑟𝑛	𝑟𝑒𝑡𝑢𝑟𝑛	X
aijbe-867	158	24	𝑜𝑓	𝑜𝑓	ADP
aijbe-867	158	25	𝑡ℎ𝑒	𝑡ℎ𝑒	INTJ
aijbe-867	158	26	𝑚𝑎𝑟𝑘𝑒𝑡	𝑚𝑎𝑟𝑘𝑒𝑡	NOUN
aijbe-867	158	27	𝛽𝜆	𝛽𝜆	X
aijbe-867	158	28	=	=	PUNCT
aijbe-867	158	29	∑	∑	PROPN
aijbe-867	158	30	𝛼𝑖𝛽𝑖	𝛼𝑖𝛽𝑖	ADP
aijbe-867	158	31	𝜌	𝜌	X
aijbe-867	158	32	𝑖=1	𝑖=1	PROPN
aijbe-867	158	33	2.4	2.4	NUM
aijbe-867	158	34	the	the	DET
aijbe-867	158	35	beta	beta	ADJ
aijbe-867	158	36	value	value	NOUN
aijbe-867	158	37	indicates	indicate	VERB
aijbe-867	158	38	a	a	DET
aijbe-867	158	39	measure	measure	NOUN
aijbe-867	158	40	of	of	ADP
aijbe-867	158	41	risk	risk	NOUN
aijbe-867	158	42	for	for	ADP
aijbe-867	158	43	individual	individual	ADJ
aijbe-867	158	44	assets	asset	NOUN
aijbe-867	158	45	/	/	SYM
aijbe-867	158	46	portfolio	portfolio	NOUN
aijbe-867	158	47	.	.	PUNCT
aijbe-867	159	1	it	it	PRON
aijbe-867	159	2	measures	measure	VERB
aijbe-867	159	3	the	the	DET
aijbe-867	159	4	non	non	ADJ
aijbe-867	159	5	-	-	ADJ
aijbe-867	159	6	diversifiable	diversifiable	ADJ
aijbe-867	159	7	or	or	CCONJ
aijbe-867	159	8	transferable	transferable	ADJ
aijbe-867	159	9	part	part	NOUN
aijbe-867	159	10	of	of	ADP
aijbe-867	159	11	risk	risk	NOUN
aijbe-867	159	12	known	know	VERB
aijbe-867	159	13	as	as	ADP
aijbe-867	159	14	systematic	systematic	ADJ
aijbe-867	159	15	risk	risk	NOUN
aijbe-867	159	16	.	.	PUNCT
aijbe-867	160	1	according	accord	VERB
aijbe-867	160	2	to	to	ADP
aijbe-867	160	3	this	this	DET
aijbe-867	160	4	model	model	NOUN
aijbe-867	160	5	,	,	PUNCT
aijbe-867	160	6	the	the	DET
aijbe-867	160	7	expected	expect	VERB
aijbe-867	160	8	return	return	NOUN
aijbe-867	160	9	of	of	ADP
aijbe-867	160	10	an	an	DET
aijbe-867	160	11	asset	asset	NOUN
aijbe-867	160	12	depends	depend	VERB
aijbe-867	160	13	on	on	ADP
aijbe-867	160	14	its	its	PRON
aijbe-867	160	15	stand	stand	VERB
aijbe-867	160	16	-	-	PUNCT
aijbe-867	160	17	alone	alone	ADJ
aijbe-867	160	18	risk	risk	NOUN
aijbe-867	160	19	.	.	PUNCT
aijbe-867	161	1	however	however	ADV
aijbe-867	161	2	,	,	PUNCT
aijbe-867	161	3	the	the	DET
aijbe-867	161	4	capm	capm	PROPN
aijbe-867	161	5	has	have	VERB
aijbe-867	161	6	unrealistic	unrealistic	ADJ
aijbe-867	161	7	assumptions	assumption	NOUN
aijbe-867	161	8	for	for	ADP
aijbe-867	161	9	example	example	NOUN
aijbe-867	161	10	,	,	PUNCT
aijbe-867	161	11	the	the	DET
aijbe-867	161	12	perfect	perfect	ADJ
aijbe-867	161	13	competitive	competitive	ADJ
aijbe-867	161	14	market	market	NOUN
aijbe-867	161	15	environment	environment	NOUN
aijbe-867	161	16	does	do	AUX
aijbe-867	161	17	not	not	PART
aijbe-867	161	18	hold	hold	VERB
aijbe-867	161	19	as	as	SCONJ
aijbe-867	161	20	forces	force	NOUN
aijbe-867	161	21	of	of	ADP
aijbe-867	161	22	demand	demand	NOUN
aijbe-867	161	23	and	and	CCONJ
aijbe-867	161	24	supply	supply	NOUN
aijbe-867	161	25	often	often	ADV
aijbe-867	161	26	guide	guide	VERB
aijbe-867	161	27	investors	investor	NOUN
aijbe-867	161	28	decision	decision	NOUN
aijbe-867	161	29	making	make	VERB
aijbe-867	161	30	as	as	SCONJ
aijbe-867	161	31	they	they	PRON
aijbe-867	161	32	affect	affect	VERB
aijbe-867	161	33	prices	price	NOUN
aijbe-867	161	34	of	of	ADP
aijbe-867	161	35	assets	asset	NOUN
aijbe-867	161	36	.	.	PUNCT
aijbe-867	162	1	also	also	ADV
aijbe-867	162	2	,	,	PUNCT
aijbe-867	162	3	tax	tax	NOUN
aijbe-867	162	4	liabilities	liability	NOUN
aijbe-867	162	5	affect	affect	VERB
aijbe-867	162	6	the	the	DET
aijbe-867	162	7	level	level	NOUN
aijbe-867	162	8	of	of	ADP
aijbe-867	162	9	investment	investment	NOUN
aijbe-867	162	10	and	and	CCONJ
aijbe-867	162	11	the	the	DET
aijbe-867	162	12	type	type	NOUN
aijbe-867	162	13	of	of	ADP
aijbe-867	162	14	asset	asset	NOUN
aijbe-867	162	15	to	to	PART
aijbe-867	162	16	invest	invest	VERB
aijbe-867	162	17	in	in	ADP
aijbe-867	162	18	.	.	PUNCT
aijbe-867	163	1	the	the	DET
aijbe-867	163	2	model	model	NOUN
aijbe-867	163	3	also	also	ADV
aijbe-867	163	4	assumes	assume	VERB
aijbe-867	163	5	that	that	SCONJ
aijbe-867	163	6	at	at	ADP
aijbe-867	163	7	the	the	DET
aijbe-867	163	8	risk	risk	NOUN
aijbe-867	163	9	-	-	PUNCT
aijbe-867	163	10	free	free	ADJ
aijbe-867	163	11	rate	rate	NOUN
aijbe-867	163	12	,	,	PUNCT
aijbe-867	163	13	borrowing	borrowing	NOUN
aijbe-867	163	14	will	will	AUX
aijbe-867	163	15	be	be	AUX
aijbe-867	163	16	unlimited	unlimited	ADJ
aijbe-867	163	17	.	.	PUNCT
aijbe-867	164	1	however	however	ADV
aijbe-867	164	2	,	,	PUNCT
aijbe-867	164	3	individual	individual	ADJ
aijbe-867	164	4	investors	investor	NOUN
aijbe-867	164	5	can	can	AUX
aijbe-867	164	6	not	not	PART
aijbe-867	164	7	borrow	borrow	VERB
aijbe-867	164	8	at	at	ADP
aijbe-867	164	9	the	the	DET
aijbe-867	164	10	same	same	ADJ
aijbe-867	164	11	rate	rate	NOUN
aijbe-867	164	12	with	with	ADP
aijbe-867	164	13	government	government	NOUN
aijbe-867	164	14	and	and	CCONJ
aijbe-867	164	15	its	its	PRON
aijbe-867	164	16	agencies	agency	NOUN
aijbe-867	164	17	.	.	PUNCT
aijbe-867	165	1	2.2.3	2.2.3	NUM
aijbe-867	165	2	the	the	DET
aijbe-867	165	3	discount	discount	NOUN
aijbe-867	165	4	cash	cash	NOUN
aijbe-867	165	5	flow	flow	NOUN
aijbe-867	165	6	model	model	NOUN
aijbe-867	165	7	(	(	PUNCT
aijbe-867	165	8	dcf	dcf	PROPN
aijbe-867	165	9	)	)	PUNCT
aijbe-867	165	10	the	the	DET
aijbe-867	165	11	relationship	relationship	NOUN
aijbe-867	165	12	between	between	ADP
aijbe-867	165	13	oil	oil	NOUN
aijbe-867	165	14	price	price	NOUN
aijbe-867	165	15	shocks	shock	NOUN
aijbe-867	165	16	and	and	CCONJ
aijbe-867	165	17	stock	stock	NOUN
aijbe-867	165	18	market	market	NOUN
aijbe-867	165	19	return	return	NOUN
aijbe-867	165	20	can	can	AUX
aijbe-867	165	21	also	also	ADV
aijbe-867	165	22	be	be	AUX
aijbe-867	165	23	theoretically	theoretically	ADV
aijbe-867	165	24	explored	explore	VERB
aijbe-867	165	25	or	or	CCONJ
aijbe-867	165	26	viewed	view	VERB
aijbe-867	165	27	through	through	ADP
aijbe-867	165	28	the	the	DET
aijbe-867	165	29	discounted	discount	VERB
aijbe-867	165	30	cash	cash	NOUN
aijbe-867	165	31	flow	flow	NOUN
aijbe-867	165	32	model	model	NOUN
aijbe-867	165	33	(	(	PUNCT
aijbe-867	165	34	equity	equity	NOUN
aijbe-867	165	35	pricing	pricing	NOUN
aijbe-867	165	36	model	model	NOUN
aijbe-867	165	37	)	)	PUNCT
aijbe-867	165	38	developed	develop	VERB
aijbe-867	165	39	by	by	ADP
aijbe-867	165	40	huang	huang	PROPN
aijbe-867	165	41	et	et	PROPN
aijbe-867	165	42	al	al	PROPN
aijbe-867	165	43	(	(	PUNCT
aijbe-867	165	44	1996	1996	NUM
aijbe-867	165	45	)	)	PUNCT
aijbe-867	165	46	.	.	PUNCT
aijbe-867	166	1	the	the	DET
aijbe-867	166	2	model	model	NOUN
aijbe-867	166	3	has	have	AUX
aijbe-867	166	4	been	be	AUX
aijbe-867	166	5	adopted	adopt	VERB
aijbe-867	166	6	in	in	ADP
aijbe-867	166	7	several	several	ADJ
aijbe-867	166	8	literature	literature	NOUN
aijbe-867	166	9	(	(	PUNCT
aijbe-867	166	10	sek	sek	PROPN
aijbe-867	166	11	,	,	PUNCT
aijbe-867	166	12	2015	2015	NUM
aijbe-867	166	13	;	;	PUNCT
aijbe-867	166	14	basher	basher	NOUN
aijbe-867	166	15	,	,	PUNCT
aijbe-867	166	16	2014	2014	NUM
aijbe-867	166	17	;	;	PUNCT
aijbe-867	166	18	zakanya	zakanya	NOUN
aijbe-867	166	19	and	and	CCONJ
aijbe-867	166	20	abdala	abdala	PROPN
aijbe-867	166	21	,	,	PUNCT
aijbe-867	166	22	2013	2013	NUM
aijbe-867	166	23	;	;	PUNCT
aijbe-867	166	24	abeng	abeng	PROPN
aijbe-867	166	25	,	,	PUNCT
aijbe-867	166	26	2017	2017	NUM
aijbe-867	166	27	;	;	PUNCT
aijbe-867	166	28	degiannakis	degiannaki	NOUN
aijbe-867	166	29	,	,	PUNCT
aijbe-867	166	30	2017	2017	NUM
aijbe-867	166	31	)	)	PUNCT
aijbe-867	166	32	.	.	PUNCT
aijbe-867	167	1	according	accord	VERB
aijbe-867	167	2	to	to	ADP
aijbe-867	167	3	this	this	DET
aijbe-867	167	4	model	model	NOUN
aijbe-867	167	5	,	,	PUNCT
aijbe-867	167	6	macroeconomic	macroeconomic	ADJ
aijbe-867	167	7	variables	variable	NOUN
aijbe-867	167	8	including	include	VERB
aijbe-867	167	9	commodity	commodity	NOUN
aijbe-867	167	10	prices	price	NOUN
aijbe-867	167	11	can	can	AUX
aijbe-867	167	12	exert	exert	VERB
aijbe-867	167	13	a	a	DET
aijbe-867	167	14	significant	significant	ADJ
aijbe-867	167	15	effect	effect	NOUN
aijbe-867	167	16	on	on	ADP
aijbe-867	167	17	stock	stock	NOUN
aijbe-867	167	18	returns	return	NOUN
aijbe-867	167	19	of	of	ADP
aijbe-867	167	20	firms	firm	NOUN
aijbe-867	167	21	.	.	PUNCT
aijbe-867	168	1	the	the	DET
aijbe-867	168	2	price	price	NOUN
aijbe-867	168	3	of	of	ADP
aijbe-867	168	4	equity	equity	NOUN
aijbe-867	168	5	at	at	ADP
aijbe-867	168	6	a	a	DET
aijbe-867	168	7	given	give	VERB
aijbe-867	168	8	point	point	NOUN
aijbe-867	168	9	in	in	ADP
aijbe-867	168	10	time	time	NOUN
aijbe-867	168	11	is	be	AUX
aijbe-867	168	12	equal	equal	ADJ
aijbe-867	168	13	to	to	ADP
aijbe-867	168	14	the	the	DET
aijbe-867	168	15	expected	expect	VERB
aijbe-867	168	16	present	present	ADJ
aijbe-867	168	17	value	value	NOUN
aijbe-867	168	18	of	of	ADP
aijbe-867	168	19	the	the	DET
aijbe-867	168	20	discounted	discount	VERB
aijbe-867	168	21	future	future	ADJ
aijbe-867	168	22	cash	cash	NOUN
aijbe-867	168	23	flows	flow	NOUN
aijbe-867	168	24	as	as	SCONJ
aijbe-867	168	25	follows	follow	VERB
aijbe-867	168	26	:	:	PUNCT
aijbe-867	169	1	𝑃𝑉	𝑃𝑉	PROPN
aijbe-867	169	2	=	=	SYM
aijbe-867	169	3	∑	∑	PUNCT
aijbe-867	169	4	𝐸(𝐶𝑡	𝐸(𝐶𝑡	NUM
aijbe-867	169	5	)	)	PUNCT
aijbe-867	169	6	(	(	PUNCT
aijbe-867	169	7	1+𝑟)𝑡	1+𝑟)𝑡	NUM
aijbe-867	169	8	𝑛	𝑛	DET
aijbe-867	169	9	𝑡=1	𝑡=1	PROPN
aijbe-867	169	10	2.5	2.5	NUM
aijbe-867	169	11	where	where	SCONJ
aijbe-867	169	12	:	:	PUNCT
aijbe-867	169	13	p	p	X
aijbe-867	169	14	=	=	NOUN
aijbe-867	169	15	stock	stock	NOUN
aijbe-867	169	16	price	price	NOUN
aijbe-867	169	17	,	,	PUNCT
aijbe-867	169	18	c	c	NOUN
aijbe-867	169	19	=	=	NOUN
aijbe-867	169	20	cash	cash	NOUN
aijbe-867	169	21	flow	flow	NOUN
aijbe-867	169	22	,	,	PUNCT
aijbe-867	169	23	r	r	NOUN
aijbe-867	169	24	=	=	SYM
aijbe-867	169	25	discount	discount	NOUN
aijbe-867	169	26	rate	rate	NOUN
aijbe-867	169	27	(	(	PUNCT
aijbe-867	169	28	interest	interest	NOUN
aijbe-867	169	29	rate	rate	NOUN
aijbe-867	169	30	)	)	PUNCT
aijbe-867	169	31	,	,	PUNCT
aijbe-867	169	32	e	e	X
aijbe-867	169	33	(	(	PUNCT
aijbe-867	169	34	.	.	PUNCT
aijbe-867	169	35	)	)	PUNCT
aijbe-867	170	1	=	=	NOUN
aijbe-867	170	2	expectation	expectation	NOUN
aijbe-867	170	3	operator	operator	NOUN
aijbe-867	170	4	.	.	PUNCT
aijbe-867	171	1	the	the	DET
aijbe-867	171	2	realized	realize	VERB
aijbe-867	171	3	stock	stock	NOUN
aijbe-867	171	4	returns	return	NOUN
aijbe-867	171	5	r	r	NOUN
aijbe-867	171	6	can	can	AUX
aijbe-867	171	7	be	be	AUX
aijbe-867	171	8	expressed	express	VERB
aijbe-867	171	9	approximately	approximately	ADV
aijbe-867	171	10	as	as	SCONJ
aijbe-867	171	11	𝑅	𝑅	PROPN
aijbe-867	171	12	=	=	PUNCT
aijbe-867	171	13	𝑑(𝜌	𝑑(𝜌	PROPN
aijbe-867	171	14	)	)	PUNCT
aijbe-867	171	15	𝑃	𝑃	VERB
aijbe-867	171	16	2.6	2.6	NUM
aijbe-867	171	17	where	where	SCONJ
aijbe-867	171	18	d	d	NOUN
aijbe-867	171	19	(	(	PUNCT
aijbe-867	171	20	.	.	PUNCT
aijbe-867	171	21	)	)	PUNCT
aijbe-867	171	22	is	be	AUX
aijbe-867	171	23	the	the	DET
aijbe-867	171	24	difference	difference	NOUN
aijbe-867	171	25	operator	operator	NOUN
aijbe-867	171	26	.	.	PUNCT
aijbe-867	172	1	stock	stock	NOUN
aijbe-867	172	2	returns	return	NOUN
aijbe-867	172	3	,	,	PUNCT
aijbe-867	172	4	r	r	NOUN
aijbe-867	172	5	,	,	PUNCT
aijbe-867	172	6	are	be	AUX
aijbe-867	172	7	determined	determine	VERB
aijbe-867	172	8	by	by	ADP
aijbe-867	172	9	the	the	DET
aijbe-867	172	10	systematic	systematic	ADJ
aijbe-867	172	11	movements	movement	NOUN
aijbe-867	172	12	in	in	ADP
aijbe-867	172	13	expected	expect	VERB
aijbe-867	172	14	cash	cash	NOUN
aijbe-867	172	15	flows	flow	NOUN
aijbe-867	172	16	and	and	CCONJ
aijbe-867	172	17	discount	discount	NOUN
aijbe-867	172	18	rates	rate	NOUN
aijbe-867	172	19	,	,	PUNCT
aijbe-867	172	20	which	which	PRON
aijbe-867	172	21	can	can	AUX
aijbe-867	172	22	be	be	AUX
aijbe-867	172	23	affected	affect	VERB
aijbe-867	172	24	by	by	ADP
aijbe-867	172	25	changes	change	NOUN
aijbe-867	172	26	in	in	ADP
aijbe-867	172	27	oil	oil	NOUN
aijbe-867	172	28	prices	price	NOUN
aijbe-867	172	29	in	in	ADP
aijbe-867	172	30	several	several	ADJ
aijbe-867	172	31	ways	way	NOUN
aijbe-867	172	32	.	.	PUNCT
aijbe-867	173	1	for	for	ADP
aijbe-867	173	2	cash	cash	NOUN
aijbe-867	173	3	flows	flow	NOUN
aijbe-867	173	4	,	,	PUNCT
aijbe-867	173	5	it	it	PRON
aijbe-867	173	6	is	be	AUX
aijbe-867	173	7	assumed	assume	VERB
aijbe-867	173	8	that	that	SCONJ
aijbe-867	173	9	oil	oil	NOUN
aijbe-867	173	10	,	,	PUNCT
aijbe-867	173	11	together	together	ADV
aijbe-867	173	12	with	with	ADP
aijbe-867	173	13	labour	labour	NOUN
aijbe-867	173	14	,	,	PUNCT
aijbe-867	173	15	capital	capital	NOUN
aijbe-867	173	16	and	and	CCONJ
aijbe-867	173	17	other	other	ADJ
aijbe-867	173	18	inputs	input	NOUN
aijbe-867	173	19	,	,	PUNCT
aijbe-867	173	20	represents	represent	VERB
aijbe-867	173	21	import	import	NOUN
aijbe-867	173	22	components	component	NOUN
aijbe-867	173	23	in	in	ADP
aijbe-867	173	24	the	the	DET
aijbe-867	173	25	production	production	NOUN
aijbe-867	173	26	friction	friction	NOUN
aijbe-867	173	27	of	of	ADP
aijbe-867	173	28	most	most	ADJ
aijbe-867	173	29	goods	good	NOUN
aijbe-867	173	30	and	and	CCONJ
aijbe-867	173	31	services	service	NOUN
aijbe-867	173	32	.	.	PUNCT
aijbe-867	174	1	therefore	therefore	ADV
aijbe-867	174	2	,	,	PUNCT
aijbe-867	174	3	changes	change	NOUN
aijbe-867	174	4	in	in	ADP
aijbe-867	174	5	the	the	DET
aijbe-867	174	6	prices	price	NOUN
aijbe-867	174	7	of	of	ADP
aijbe-867	174	8	these	these	DET
aijbe-867	174	9	inputs	input	NOUN
aijbe-867	174	10	including	include	VERB
aijbe-867	174	11	oil	oil	NOUN
aijbe-867	174	12	,	,	PUNCT
aijbe-867	174	13	affect	affect	VERB
aijbe-867	174	14	cash	cash	NOUN
aijbe-867	174	15	flows	flow	NOUN
aijbe-867	174	16	of	of	ADP
aijbe-867	174	17	firms	firm	NOUN
aijbe-867	174	18	.	.	PUNCT
aijbe-867	175	1	i.e.	i.e.	X
aijbe-867	175	2	rising	rise	VERB
aijbe-867	175	3	oil	oil	NOUN
aijbe-867	175	4	prices	price	NOUN
aijbe-867	175	5	increases	increase	VERB
aijbe-867	175	6	production	production	NOUN
aijbe-867	175	7	costs	cost	NOUN
aijbe-867	175	8	leading	lead	VERB
aijbe-867	175	9	to	to	ADP
aijbe-867	175	10	dampened	dampened	ADJ
aijbe-867	175	11	cash	cash	NOUN
aijbe-867	175	12	flows	flow	NOUN
aijbe-867	175	13	which	which	PRON
aijbe-867	175	14	ultimately	ultimately	ADV
aijbe-867	175	15	translates	translate	VERB
aijbe-867	175	16	to	to	ADP
aijbe-867	175	17	a	a	DET
aijbe-867	175	18	reduction	reduction	NOUN
aijbe-867	175	19	in	in	ADP
aijbe-867	175	20	stock	stock	NOUN
aijbe-867	175	21	prices	price	NOUN
aijbe-867	175	22	.	.	PUNCT
aijbe-867	176	1	it	it	PRON
aijbe-867	176	2	however	however	ADV
aijbe-867	176	3	depends	depend	VERB
aijbe-867	176	4	on	on	ADP
aijbe-867	176	5	whether	whether	SCONJ
aijbe-867	176	6	a	a	DET
aijbe-867	176	7	particular	particular	ADJ
aijbe-867	176	8	firm	firm	NOUN
aijbe-867	176	9	is	be	AUX
aijbe-867	176	10	a	a	DET
aijbe-867	176	11	net	net	ADJ
aijbe-867	176	12	producer	producer	NOUN
aijbe-867	176	13	or	or	CCONJ
aijbe-867	176	14	net	net	ADJ
aijbe-867	176	15	consumer	consumer	NOUN
aijbe-867	176	16	of	of	ADP
aijbe-867	176	17	oil	oil	NOUN
aijbe-867	176	18	.	.	PUNCT
aijbe-867	177	1	the	the	DET
aijbe-867	177	2	discounted	discount	VERB
aijbe-867	177	3	rate	rate	NOUN
aijbe-867	177	4	can	can	AUX
aijbe-867	177	5	also	also	ADV
aijbe-867	177	6	be	be	AUX
aijbe-867	177	7	affected	affect	VERB
aijbe-867	177	8	by	by	ADP
aijbe-867	177	9	oil	oil	NOUN
aijbe-867	177	10	price	price	NOUN
aijbe-867	177	11	changes	change	NOUN
aijbe-867	177	12	.	.	PUNCT
aijbe-867	178	1	according	accord	VERB
aijbe-867	178	2	to	to	ADP
aijbe-867	178	3	huang	huang	PROPN
aijbe-867	178	4	et	et	PROPN
aijbe-867	178	5	al	al	PROPN
aijbe-867	178	6	(	(	PUNCT
aijbe-867	178	7	1996	1996	NUM
aijbe-867	178	8	)	)	PUNCT
aijbe-867	178	9	,	,	PUNCT
aijbe-867	178	10	expected	expect	VERB
aijbe-867	178	11	discount	discount	NOUN
aijbe-867	178	12	rate	rate	NOUN
aijbe-867	178	13	consists	consist	VERB
aijbe-867	178	14	of	of	ADP
aijbe-867	178	15	two	two	NUM
aijbe-867	178	16	components	component	NOUN
aijbe-867	178	17	;	;	PUNCT
aijbe-867	178	18	expected	expect	VERB
aijbe-867	178	19	inflation	inflation	NOUN
aijbe-867	178	20	and	and	CCONJ
aijbe-867	178	21	expected	expect	VERB
aijbe-867	178	22	real	real	ADJ
aijbe-867	178	23	interest	interest	NOUN
aijbe-867	178	24	rate	rate	NOUN
aijbe-867	178	25	.	.	PUNCT
aijbe-867	179	1	higher	high	ADJ
aijbe-867	179	2	oil	oil	NOUN
aijbe-867	179	3	prices	price	NOUN
aijbe-867	179	4	will	will	AUX
aijbe-867	179	5	lead	lead	VERB
aijbe-867	179	6	to	to	ADP
aijbe-867	179	7	a	a	DET
aijbe-867	179	8	negative	negative	ADJ
aijbe-867	179	9	effect	effect	NOUN
aijbe-867	179	10	the	the	DET
aijbe-867	179	11	trade	trade	NOUN
aijbe-867	179	12	balance	balance	NOUN
aijbe-867	179	13	in	in	ADP
aijbe-867	179	14	oil	oil	NOUN
aijbe-867	179	15	importing	import	VERB
aijbe-867	179	16	economics	economic	NOUN
aijbe-867	179	17	.	.	PUNCT
aijbe-867	180	1	imposing	impose	VERB
aijbe-867	180	2	upward	upward	ADJ
aijbe-867	180	3	pressure	pressure	NOUN
aijbe-867	180	4	on	on	ADP
aijbe-867	180	5	domestic	domestic	ADJ
aijbe-867	180	6	prices	price	NOUN
aijbe-867	180	7	(	(	PUNCT
aijbe-867	180	8	inflation	inflation	NOUN
aijbe-867	180	9	)	)	PUNCT
aijbe-867	180	10	which	which	PRON
aijbe-867	180	11	leads	lead	VERB
aijbe-867	180	12	to	to	ADP
aijbe-867	180	13	higher	high	ADJ
aijbe-867	180	14	discount	discount	NOUN
aijbe-867	180	15	rate	rate	NOUN
aijbe-867	180	16	culminating	culminate	VERB
aijbe-867	180	17	in	in	ADP
aijbe-867	180	18	lower	low	ADJ
aijbe-867	180	19	stock	stock	NOUN
aijbe-867	180	20	returns	return	NOUN
aijbe-867	180	21	.	.	PUNCT
aijbe-867	181	1	as	as	ADP
aijbe-867	181	2	an	an	DET
aijbe-867	181	3	important	important	ADJ
aijbe-867	181	4	resource	resource	NOUN
aijbe-867	181	5	in	in	ADP
aijbe-867	181	6	the	the	DET
aijbe-867	181	7	economy	economy	NOUN
aijbe-867	181	8	,	,	PUNCT
aijbe-867	181	9	oil	oil	NOUN
aijbe-867	181	10	prices	price	NOUN
aijbe-867	181	11	can	can	AUX
aijbe-867	181	12	affect	affect	VERB
aijbe-867	181	13	real	real	ADJ
aijbe-867	181	14	interest	interest	NOUN
aijbe-867	181	15	rates	rate	NOUN
aijbe-867	181	16	.	.	PUNCT
aijbe-867	182	1	high	high	ADJ
aijbe-867	182	2	oil	oil	NOUN
aijbe-867	182	3	price	price	NOUN
aijbe-867	182	4	is	be	AUX
aijbe-867	182	5	expected	expect	VERB
aijbe-867	182	6	to	to	PART
aijbe-867	182	7	raise	raise	VERB
aijbe-867	182	8	the	the	DET
aijbe-867	182	9	rates	rate	NOUN
aijbe-867	182	10	of	of	ADP
aijbe-867	182	11	real	real	ADJ
aijbe-867	182	12	interest	interest	NOUN
aijbe-867	182	13	rates	rate	NOUN
aijbe-867	182	14	which	which	PRON
aijbe-867	182	15	may	may	AUX
aijbe-867	182	16	likely	likely	ADV
aijbe-867	182	17	lead	lead	VERB
aijbe-867	182	18	to	to	ADP
aijbe-867	182	19	increases	increase	NOUN
aijbe-867	182	20	in	in	ADP
aijbe-867	182	21	stock	stock	NOUN
aijbe-867	182	22	returns	return	NOUN
aijbe-867	182	23	.	.	PUNCT
aijbe-867	183	1	ikemenogo	ikemenogo	PROPN
aijbe-867	183	2	,	,	PUNCT
aijbe-867	183	3	eze	eze	PROPN
aijbe-867	183	4	solomon	solomon	PROPN
aijbe-867	183	5	(	(	PUNCT
aijbe-867	183	6	2024	2024	NUM
aijbe-867	183	7	)	)	PUNCT
aijbe-867	183	8	american	american	ADJ
aijbe-867	183	9	interdisciplinary	interdisciplinary	ADJ
aijbe-867	183	10	journal	journal	NOUN
aijbe-867	183	11	of	of	ADP
aijbe-867	183	12	business	business	NOUN
aijbe-867	183	13	and	and	CCONJ
aijbe-867	183	14	economics	economic	NOUN
aijbe-867	183	15	|	|	ADV
aijbe-867	183	16	42	42	NUM
aijbe-867	183	17	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	VERB
aijbe-867	183	18	2.3	2.3	NUM
aijbe-867	183	19	empirical	empirical	ADJ
aijbe-867	183	20	review	review	NOUN
aijbe-867	183	21	in	in	ADP
aijbe-867	183	22	a	a	DET
aijbe-867	183	23	study	study	NOUN
aijbe-867	183	24	of	of	ADP
aijbe-867	183	25	22	22	NUM
aijbe-867	183	26	emerging	emerge	VERB
aijbe-867	183	27	economies	economy	NOUN
aijbe-867	183	28	(	(	PUNCT
aijbe-867	183	29	nigeria	nigeria	PRON
aijbe-867	183	30	not	not	PART
aijbe-867	183	31	included	include	VERB
aijbe-867	183	32	)	)	PUNCT
aijbe-867	183	33	,	,	PUNCT
aijbe-867	183	34	maghyereh	maghyereh	NOUN
aijbe-867	183	35	and	and	CCONJ
aijbe-867	183	36	al	al	PROPN
aijbe-867	183	37	-	-	PUNCT
aijbe-867	183	38	kandari	kandari	PROPN
aijbe-867	183	39	(	(	PUNCT
aijbe-867	183	40	2004	2004	NUM
aijbe-867	183	41	)	)	PUNCT
aijbe-867	183	42	findings	finding	NOUN
aijbe-867	183	43	implied	imply	VERB
aijbe-867	183	44	that	that	SCONJ
aijbe-867	183	45	oil	oil	NOUN
aijbe-867	183	46	shocks	shock	NOUN
aijbe-867	183	47	have	have	VERB
aijbe-867	183	48	no	no	DET
aijbe-867	183	49	significant	significant	ADJ
aijbe-867	183	50	impact	impact	NOUN
aijbe-867	183	51	on	on	ADP
aijbe-867	183	52	stock	stock	NOUN
aijbe-867	183	53	index	index	NOUN
aijbe-867	183	54	returns	return	NOUN
aijbe-867	183	55	in	in	ADP
aijbe-867	183	56	emerging	emerge	VERB
aijbe-867	183	57	economies	economy	NOUN
aijbe-867	183	58	.	.	PUNCT
aijbe-867	184	1	agren	agren	NOUN
aijbe-867	184	2	(	(	PUNCT
aijbe-867	184	3	2006	2006	NUM
aijbe-867	184	4	)	)	PUNCT
aijbe-867	184	5	argued	argue	VERB
aijbe-867	184	6	that	that	SCONJ
aijbe-867	184	7	the	the	DET
aijbe-867	184	8	stock	stock	NOUN
aijbe-867	184	9	market	market	NOUN
aijbe-867	184	10	's	's	PART
aijbe-867	184	11	own	own	ADJ
aijbe-867	184	12	shocks	shock	NOUN
aijbe-867	184	13	,	,	PUNCT
aijbe-867	184	14	which	which	PRON
aijbe-867	184	15	are	be	AUX
aijbe-867	184	16	related	relate	VERB
aijbe-867	184	17	to	to	ADP
aijbe-867	184	18	other	other	ADJ
aijbe-867	184	19	factors	factor	NOUN
aijbe-867	184	20	of	of	ADP
aijbe-867	184	21	uncertainty	uncertainty	NOUN
aijbe-867	184	22	than	than	ADP
aijbe-867	184	23	the	the	DET
aijbe-867	184	24	oil	oil	NOUN
aijbe-867	184	25	price	price	NOUN
aijbe-867	184	26	,	,	PUNCT
aijbe-867	184	27	are	be	AUX
aijbe-867	184	28	more	more	ADV
aijbe-867	184	29	prominent	prominent	ADJ
aijbe-867	184	30	in	in	ADP
aijbe-867	184	31	explaining	explain	VERB
aijbe-867	184	32	stock	stock	NOUN
aijbe-867	184	33	price	price	NOUN
aijbe-867	184	34	movements	movement	NOUN
aijbe-867	184	35	.	.	PUNCT
aijbe-867	185	1	similarly	similarly	ADV
aijbe-867	185	2	,	,	PUNCT
aijbe-867	185	3	in	in	ADP
aijbe-867	185	4	ghana	ghana	PROPN
aijbe-867	185	5	,	,	PUNCT
aijbe-867	185	6	findings	finding	NOUN
aijbe-867	185	7	by	by	ADP
aijbe-867	185	8	adjasi	adjasi	NOUN
aijbe-867	185	9	(	(	PUNCT
aijbe-867	185	10	2009	2009	NUM
aijbe-867	185	11	)	)	PUNCT
aijbe-867	185	12	showed	show	VERB
aijbe-867	185	13	that	that	SCONJ
aijbe-867	185	14	higher	high	ADJ
aijbe-867	185	15	volatility	volatility	NOUN
aijbe-867	185	16	in	in	ADP
aijbe-867	185	17	cocoa	cocoa	NOUN
aijbe-867	185	18	prices	price	NOUN
aijbe-867	185	19	and	and	CCONJ
aijbe-867	185	20	interest	interest	NOUN
aijbe-867	185	21	rates	rate	NOUN
aijbe-867	185	22	increased	increase	VERB
aijbe-867	185	23	volatility	volatility	NOUN
aijbe-867	185	24	of	of	ADP
aijbe-867	185	25	the	the	DET
aijbe-867	185	26	stock	stock	NOUN
aijbe-867	185	27	prices	price	NOUN
aijbe-867	185	28	,	,	PUNCT
aijbe-867	185	29	whilst	whilst	SCONJ
aijbe-867	185	30	higher	high	ADJ
aijbe-867	185	31	volatility	volatility	NOUN
aijbe-867	185	32	in	in	ADP
aijbe-867	185	33	gold	gold	NOUN
aijbe-867	185	34	prices	price	NOUN
aijbe-867	185	35	,	,	PUNCT
aijbe-867	185	36	oil	oil	NOUN
aijbe-867	185	37	prices	price	NOUN
aijbe-867	185	38	,	,	PUNCT
aijbe-867	185	39	and	and	CCONJ
aijbe-867	185	40	money	money	NOUN
aijbe-867	185	41	supply	supply	NOUN
aijbe-867	185	42	reduced	reduce	VERB
aijbe-867	185	43	volatility	volatility	NOUN
aijbe-867	185	44	of	of	ADP
aijbe-867	185	45	stock	stock	NOUN
aijbe-867	185	46	prices	price	NOUN
aijbe-867	185	47	.	.	PUNCT
aijbe-867	186	1	other	other	ADJ
aijbe-867	186	2	studies	study	NOUN
aijbe-867	186	3	,	,	PUNCT
aijbe-867	186	4	however	however	ADV
aijbe-867	186	5	,	,	PUNCT
aijbe-867	186	6	found	find	VERB
aijbe-867	186	7	the	the	DET
aijbe-867	186	8	existence	existence	NOUN
aijbe-867	186	9	of	of	ADP
aijbe-867	186	10	a	a	DET
aijbe-867	186	11	weak	weak	ADJ
aijbe-867	186	12	relationship	relationship	NOUN
aijbe-867	186	13	among	among	ADP
aijbe-867	186	14	the	the	DET
aijbe-867	186	15	variables	variable	NOUN
aijbe-867	186	16	.	.	PUNCT
aijbe-867	187	1	for	for	ADP
aijbe-867	187	2	instance	instance	NOUN
aijbe-867	187	3	,	,	PUNCT
aijbe-867	187	4	sujit	sujit	NOUN
aijbe-867	187	5	and	and	CCONJ
aijbe-867	187	6	kumar	kumar	PROPN
aijbe-867	187	7	(	(	PUNCT
aijbe-867	187	8	2011	2011	NUM
aijbe-867	187	9	)	)	PUNCT
aijbe-867	187	10	evaluated	evaluate	VERB
aijbe-867	187	11	the	the	DET
aijbe-867	187	12	dynamic	dynamic	ADJ
aijbe-867	187	13	relationship	relationship	NOUN
aijbe-867	187	14	among	among	ADP
aijbe-867	187	15	gold	gold	NOUN
aijbe-867	187	16	price	price	NOUN
aijbe-867	187	17	,	,	PUNCT
aijbe-867	187	18	oil	oil	NOUN
aijbe-867	187	19	price	price	NOUN
aijbe-867	187	20	,	,	PUNCT
aijbe-867	187	21	exchange	exchange	NOUN
aijbe-867	187	22	rate	rate	NOUN
aijbe-867	187	23	and	and	CCONJ
aijbe-867	187	24	stock	stock	NOUN
aijbe-867	187	25	market	market	NOUN
aijbe-867	187	26	returns	return	NOUN
aijbe-867	187	27	.	.	PUNCT
aijbe-867	188	1	the	the	DET
aijbe-867	188	2	authors	author	NOUN
aijbe-867	188	3	used	use	VERB
aijbe-867	188	4	daily	daily	ADJ
aijbe-867	188	5	data	datum	NOUN
aijbe-867	188	6	from	from	ADP
aijbe-867	188	7	january	january	PROPN
aijbe-867	188	8	2	2	NUM
aijbe-867	188	9	,	,	PUNCT
aijbe-867	188	10	1998	1998	NUM
aijbe-867	188	11	,	,	PUNCT
aijbe-867	188	12	to	to	ADP
aijbe-867	188	13	june	june	PROPN
aijbe-867	188	14	5	5	NUM
aijbe-867	188	15	,	,	PUNCT
aijbe-867	188	16	2011	2011	NUM
aijbe-867	188	17	,	,	PUNCT
aijbe-867	188	18	constituting	constitute	VERB
aijbe-867	188	19	3,485	3,485	NUM
aijbe-867	188	20	observations	observation	NOUN
aijbe-867	188	21	and	and	CCONJ
aijbe-867	188	22	adopted	adopt	VERB
aijbe-867	188	23	the	the	DET
aijbe-867	188	24	vector	vector	NOUN
aijbe-867	188	25	autoregressive	autoregressive	ADJ
aijbe-867	188	26	and	and	CCONJ
aijbe-867	188	27	cointegration	cointegration	NOUN
aijbe-867	188	28	techniques	technique	NOUN
aijbe-867	188	29	.	.	PUNCT
aijbe-867	189	1	the	the	DET
aijbe-867	189	2	results	result	NOUN
aijbe-867	189	3	showed	show	VERB
aijbe-867	189	4	that	that	SCONJ
aijbe-867	189	5	exchange	exchange	NOUN
aijbe-867	189	6	rate	rate	NOUN
aijbe-867	189	7	was	be	AUX
aijbe-867	189	8	highly	highly	ADV
aijbe-867	189	9	affected	affect	VERB
aijbe-867	189	10	by	by	ADP
aijbe-867	189	11	changes	change	NOUN
aijbe-867	189	12	in	in	ADP
aijbe-867	189	13	the	the	DET
aijbe-867	189	14	other	other	ADJ
aijbe-867	189	15	variables	variable	NOUN
aijbe-867	189	16	,	,	PUNCT
aijbe-867	189	17	while	while	SCONJ
aijbe-867	189	18	stock	stock	NOUN
aijbe-867	189	19	market	market	NOUN
aijbe-867	189	20	plays	play	VERB
aijbe-867	189	21	a	a	DET
aijbe-867	189	22	minor	minor	ADJ
aijbe-867	189	23	role	role	NOUN
aijbe-867	189	24	in	in	ADP
aijbe-867	189	25	affecting	affect	VERB
aijbe-867	189	26	the	the	DET
aijbe-867	189	27	exchange	exchange	NOUN
aijbe-867	189	28	rate	rate	NOUN
aijbe-867	189	29	.	.	PUNCT
aijbe-867	190	1	the	the	DET
aijbe-867	190	2	study	study	NOUN
aijbe-867	190	3	suggested	suggest	VERB
aijbe-867	190	4	that	that	SCONJ
aijbe-867	190	5	there	there	PRON
aijbe-867	190	6	is	be	VERB
aijbe-867	190	7	weak	weak	ADJ
aijbe-867	190	8	long	long	ADJ
aijbe-867	190	9	-	-	PUNCT
aijbe-867	190	10	term	term	NOUN
aijbe-867	190	11	relationship	relationship	NOUN
aijbe-867	190	12	among	among	ADP
aijbe-867	190	13	the	the	DET
aijbe-867	190	14	variables	variable	NOUN
aijbe-867	190	15	.	.	PUNCT
aijbe-867	191	1	also	also	ADV
aijbe-867	191	2	,	,	PUNCT
aijbe-867	191	3	sahu	sahu	PROPN
aijbe-867	191	4	,	,	PUNCT
aijbe-867	191	5	bandopadhyay	bandopadhyay	PROPN
aijbe-867	191	6	,	,	PUNCT
aijbe-867	191	7	and	and	CCONJ
aijbe-867	191	8	mondal	mondal	NOUN
aijbe-867	191	9	(	(	PUNCT
aijbe-867	191	10	2015	2015	NUM
aijbe-867	191	11	)	)	PUNCT
aijbe-867	191	12	investigated	investigate	VERB
aijbe-867	191	13	the	the	DET
aijbe-867	191	14	dynamic	dynamic	ADJ
aijbe-867	191	15	relationships	relationship	NOUN
aijbe-867	191	16	between	between	ADP
aijbe-867	191	17	oil	oil	NOUN
aijbe-867	191	18	price	price	NOUN
aijbe-867	191	19	,	,	PUNCT
aijbe-867	191	20	exchange	exchange	NOUN
aijbe-867	191	21	rate	rate	NOUN
aijbe-867	191	22	and	and	CCONJ
aijbe-867	191	23	the	the	DET
aijbe-867	191	24	indian	indian	ADJ
aijbe-867	191	25	stock	stock	NOUN
aijbe-867	191	26	market	market	NOUN
aijbe-867	191	27	from	from	ADP
aijbe-867	191	28	1993	1993	NUM
aijbe-867	191	29	–	–	PUNCT
aijbe-867	191	30	2013	2013	NUM
aijbe-867	191	31	.	.	PUNCT
aijbe-867	192	1	results	result	NOUN
aijbe-867	192	2	from	from	ADP
aijbe-867	192	3	the	the	DET
aijbe-867	192	4	johansen	johansen	PROPN
aijbe-867	192	5	's	's	PART
aijbe-867	192	6	cointegration	cointegration	NOUN
aijbe-867	192	7	test	test	NOUN
aijbe-867	192	8	and	and	CCONJ
aijbe-867	192	9	vector	vector	NOUN
aijbe-867	192	10	error	error	NOUN
aijbe-867	192	11	correction	correction	NOUN
aijbe-867	192	12	model	model	NOUN
aijbe-867	192	13	showed	show	VERB
aijbe-867	192	14	that	that	SCONJ
aijbe-867	192	15	although	although	SCONJ
aijbe-867	192	16	there	there	PRON
aijbe-867	192	17	is	be	VERB
aijbe-867	192	18	a	a	DET
aijbe-867	192	19	long	long	ADJ
aijbe-867	192	20	run	run	NOUN
aijbe-867	192	21	cointegrating	cointegrate	VERB
aijbe-867	192	22	relationships	relationship	NOUN
aijbe-867	192	23	between	between	ADP
aijbe-867	192	24	crude	crude	ADJ
aijbe-867	192	25	oil	oil	NOUN
aijbe-867	192	26	price	price	NOUN
aijbe-867	192	27	and	and	CCONJ
aijbe-867	192	28	indian	indian	ADJ
aijbe-867	192	29	stock	stock	NOUN
aijbe-867	192	30	indices	index	NOUN
aijbe-867	192	31	,	,	PUNCT
aijbe-867	192	32	no	no	DET
aijbe-867	192	33	sufficient	sufficient	ADJ
aijbe-867	192	34	evidence	evidence	NOUN
aijbe-867	192	35	existed	exist	VERB
aijbe-867	192	36	to	to	PART
aijbe-867	192	37	conclude	conclude	VERB
aijbe-867	192	38	that	that	SCONJ
aijbe-867	192	39	the	the	DET
aijbe-867	192	40	direction	direction	NOUN
aijbe-867	192	41	of	of	ADP
aijbe-867	192	42	the	the	DET
aijbe-867	192	43	relationship	relationship	NOUN
aijbe-867	192	44	in	in	ADP
aijbe-867	192	45	the	the	DET
aijbe-867	192	46	long	long	ADJ
aijbe-867	192	47	run	run	NOUN
aijbe-867	192	48	was	be	AUX
aijbe-867	192	49	from	from	ADP
aijbe-867	192	50	oil	oil	NOUN
aijbe-867	192	51	price	price	NOUN
aijbe-867	192	52	to	to	ADP
aijbe-867	192	53	the	the	DET
aijbe-867	192	54	sensex	sensex	NOUN
aijbe-867	192	55	.	.	PUNCT
aijbe-867	193	1	however	however	ADV
aijbe-867	193	2	,	,	PUNCT
aijbe-867	193	3	the	the	DET
aijbe-867	193	4	granger	granger	PROPN
aijbe-867	193	5	causality	causality	NOUN
aijbe-867	193	6	test	test	NOUN
aijbe-867	193	7	showed	show	VERB
aijbe-867	193	8	that	that	SCONJ
aijbe-867	193	9	the	the	DET
aijbe-867	193	10	volatility	volatility	NOUN
aijbe-867	193	11	of	of	ADP
aijbe-867	193	12	stock	stock	NOUN
aijbe-867	193	13	prices	price	NOUN
aijbe-867	193	14	in	in	ADP
aijbe-867	193	15	india	india	PROPN
aijbe-867	193	16	granger	granger	PROPN
aijbe-867	193	17	caused	cause	VERB
aijbe-867	193	18	the	the	DET
aijbe-867	193	19	movement	movement	NOUN
aijbe-867	193	20	in	in	ADP
aijbe-867	193	21	oil	oil	NOUN
aijbe-867	193	22	price	price	NOUN
aijbe-867	193	23	and	and	CCONJ
aijbe-867	193	24	exchange	exchange	NOUN
aijbe-867	193	25	rate	rate	NOUN
aijbe-867	193	26	in	in	ADP
aijbe-867	193	27	the	the	DET
aijbe-867	193	28	short	short	ADJ
aijbe-867	193	29	-	-	PUNCT
aijbe-867	193	30	run	run	NOUN
aijbe-867	193	31	.	.	PUNCT
aijbe-867	194	1	the	the	DET
aijbe-867	194	2	study	study	NOUN
aijbe-867	194	3	further	far	ADV
aijbe-867	194	4	showed	show	VERB
aijbe-867	194	5	that	that	SCONJ
aijbe-867	194	6	the	the	DET
aijbe-867	194	7	observed	observed	ADJ
aijbe-867	194	8	relationship	relationship	NOUN
aijbe-867	194	9	between	between	ADP
aijbe-867	194	10	oil	oil	NOUN
aijbe-867	194	11	price	price	NOUN
aijbe-867	194	12	and	and	CCONJ
aijbe-867	194	13	stock	stock	NOUN
aijbe-867	194	14	indices	index	NOUN
aijbe-867	194	15	was	be	AUX
aijbe-867	194	16	not	not	PART
aijbe-867	194	17	because	because	SCONJ
aijbe-867	194	18	of	of	ADP
aijbe-867	194	19	exchange	exchange	NOUN
aijbe-867	194	20	rate	rate	NOUN
aijbe-867	194	21	fluctuations	fluctuation	NOUN
aijbe-867	194	22	,	,	PUNCT
aijbe-867	194	23	because	because	SCONJ
aijbe-867	194	24	the	the	DET
aijbe-867	194	25	change	change	NOUN
aijbe-867	194	26	in	in	ADP
aijbe-867	194	27	exchange	exchange	NOUN
aijbe-867	194	28	rate	rate	NOUN
aijbe-867	194	29	had	have	VERB
aijbe-867	194	30	no	no	DET
aijbe-867	194	31	significant	significant	ADJ
aijbe-867	194	32	impact	impact	NOUN
aijbe-867	194	33	on	on	ADP
aijbe-867	194	34	oil	oil	NOUN
aijbe-867	194	35	prices	price	NOUN
aijbe-867	194	36	or	or	CCONJ
aijbe-867	194	37	stock	stock	NOUN
aijbe-867	194	38	prices	price	NOUN
aijbe-867	194	39	in	in	ADP
aijbe-867	194	40	india	india	PROPN
aijbe-867	194	41	during	during	ADP
aijbe-867	194	42	the	the	DET
aijbe-867	194	43	study	study	NOUN
aijbe-867	194	44	period	period	NOUN
aijbe-867	194	45	.	.	PUNCT
aijbe-867	195	1	in	in	ADP
aijbe-867	195	2	nigeria	nigeria	PROPN
aijbe-867	195	3	,	,	PUNCT
aijbe-867	195	4	attempts	attempt	NOUN
aijbe-867	195	5	have	have	AUX
aijbe-867	195	6	also	also	ADV
aijbe-867	195	7	been	be	AUX
aijbe-867	195	8	made	make	VERB
aijbe-867	195	9	to	to	PART
aijbe-867	195	10	examine	examine	VERB
aijbe-867	195	11	the	the	DET
aijbe-867	195	12	relationship	relationship	NOUN
aijbe-867	195	13	among	among	ADP
aijbe-867	195	14	oil	oil	NOUN
aijbe-867	195	15	price	price	NOUN
aijbe-867	195	16	,	,	PUNCT
aijbe-867	195	17	exchange	exchange	NOUN
aijbe-867	195	18	rate	rate	NOUN
aijbe-867	195	19	and	and	CCONJ
aijbe-867	195	20	stock	stock	NOUN
aijbe-867	195	21	market	market	NOUN
aijbe-867	195	22	returns	return	NOUN
aijbe-867	195	23	.	.	PUNCT
aijbe-867	196	1	the	the	DET
aijbe-867	196	2	findings	finding	NOUN
aijbe-867	196	3	from	from	ADP
aijbe-867	196	4	the	the	DET
aijbe-867	196	5	study	study	NOUN
aijbe-867	196	6	by	by	ADP
aijbe-867	196	7	fowowe	fowowe	NOUN
aijbe-867	196	8	(	(	PUNCT
aijbe-867	196	9	2013	2013	NUM
aijbe-867	196	10	)	)	PUNCT
aijbe-867	196	11	on	on	ADP
aijbe-867	196	12	the	the	DET
aijbe-867	196	13	dynamic	dynamic	ADJ
aijbe-867	196	14	relationship	relationship	NOUN
aijbe-867	196	15	between	between	ADP
aijbe-867	196	16	oil	oil	NOUN
aijbe-867	196	17	prices	price	NOUN
aijbe-867	196	18	and	and	CCONJ
aijbe-867	196	19	stock	stock	NOUN
aijbe-867	196	20	market	market	NOUN
aijbe-867	196	21	returns	return	NOUN
aijbe-867	196	22	in	in	ADP
aijbe-867	196	23	nigeria	nigeria	PROPN
aijbe-867	196	24	,	,	PUNCT
aijbe-867	196	25	using	use	VERB
aijbe-867	196	26	the	the	DET
aijbe-867	196	27	garch	garch	NOUN
aijbe-867	196	28	-	-	PUNCT
aijbe-867	196	29	jump	jump	NOUN
aijbe-867	196	30	model	model	NOUN
aijbe-867	196	31	showed	show	VERB
aijbe-867	196	32	the	the	DET
aijbe-867	196	33	existence	existence	NOUN
aijbe-867	196	34	of	of	ADP
aijbe-867	196	35	a	a	DET
aijbe-867	196	36	negative	negative	ADJ
aijbe-867	196	37	,	,	PUNCT
aijbe-867	196	38	but	but	CCONJ
aijbe-867	196	39	insignificant	insignificant	ADJ
aijbe-867	196	40	effect	effect	NOUN
aijbe-867	196	41	of	of	ADP
aijbe-867	196	42	oil	oil	NOUN
aijbe-867	196	43	prices	price	NOUN
aijbe-867	196	44	on	on	ADP
aijbe-867	196	45	stock	stock	NOUN
aijbe-867	196	46	returns	return	NOUN
aijbe-867	196	47	in	in	ADP
aijbe-867	196	48	nigeria	nigeria	PROPN
aijbe-867	196	49	.	.	PUNCT
aijbe-867	197	1	another	another	DET
aijbe-867	197	2	study	study	NOUN
aijbe-867	197	3	was	be	AUX
aijbe-867	197	4	conducted	conduct	VERB
aijbe-867	197	5	by	by	ADP
aijbe-867	197	6	mechri	mechri	PROPN
aijbe-867	197	7	,	,	PUNCT
aijbe-867	197	8	ben	ben	PROPN
aijbe-867	197	9	hamad	hamad	PROPN
aijbe-867	197	10	,	,	PUNCT
aijbe-867	197	11	de	de	X
aijbe-867	197	12	peretti	peretti	PROPN
aijbe-867	197	13	and	and	CCONJ
aijbe-867	197	14	chart	chart	NOUN
aijbe-867	197	15	(	(	PUNCT
aijbe-867	197	16	2018	2018	NUM
aijbe-867	197	17	)	)	PUNCT
aijbe-867	197	18	on	on	ADP
aijbe-867	197	19	the	the	DET
aijbe-867	197	20	impact	impact	NOUN
aijbe-867	197	21	of	of	ADP
aijbe-867	197	22	exchange	exchange	NOUN
aijbe-867	197	23	rate	rate	NOUN
aijbe-867	197	24	volatilities	volatility	NOUN
aijbe-867	197	25	on	on	ADP
aijbe-867	197	26	stock	stock	NOUN
aijbe-867	197	27	markets	market	NOUN
aijbe-867	197	28	dynamics	dynamic	NOUN
aijbe-867	197	29	in	in	ADP
aijbe-867	197	30	tunisia	tunisia	PROPN
aijbe-867	197	31	and	and	CCONJ
aijbe-867	197	32	turkey	turkey	PROPN
aijbe-867	197	33	,	,	PUNCT
aijbe-867	197	34	using	use	VERB
aijbe-867	197	35	the	the	DET
aijbe-867	197	36	garch	garch	NOUN
aijbe-867	197	37	estimation	estimation	NOUN
aijbe-867	197	38	method	method	NOUN
aijbe-867	197	39	.	.	PUNCT
aijbe-867	198	1	the	the	DET
aijbe-867	198	2	variables	variable	NOUN
aijbe-867	198	3	used	use	VERB
aijbe-867	198	4	were	be	AUX
aijbe-867	198	5	stock	stock	NOUN
aijbe-867	198	6	market	market	NOUN
aijbe-867	198	7	price	price	NOUN
aijbe-867	198	8	returns	return	NOUN
aijbe-867	198	9	,	,	PUNCT
aijbe-867	198	10	exchange	exchange	NOUN
aijbe-867	198	11	rates	rate	NOUN
aijbe-867	198	12	,	,	PUNCT
aijbe-867	198	13	inflation	inflation	NOUN
aijbe-867	198	14	rates	rate	NOUN
aijbe-867	198	15	,	,	PUNCT
aijbe-867	198	16	interest	interest	NOUN
aijbe-867	198	17	rates	rate	NOUN
aijbe-867	198	18	,	,	PUNCT
aijbe-867	198	19	gold	gold	NOUN
aijbe-867	198	20	prices	price	NOUN
aijbe-867	198	21	and	and	CCONJ
aijbe-867	198	22	petrol	petrol	NOUN
aijbe-867	198	23	prices	price	NOUN
aijbe-867	198	24	index	index	NOUN
aijbe-867	198	25	.	.	PUNCT
aijbe-867	199	1	the	the	DET
aijbe-867	199	2	results	result	NOUN
aijbe-867	199	3	indicated	indicate	VERB
aijbe-867	199	4	that	that	SCONJ
aijbe-867	199	5	exchange	exchange	NOUN
aijbe-867	199	6	rate	rate	NOUN
aijbe-867	199	7	volatility	volatility	NOUN
aijbe-867	199	8	has	have	VERB
aijbe-867	199	9	a	a	DET
aijbe-867	199	10	significant	significant	ADJ
aijbe-867	199	11	effect	effect	NOUN
aijbe-867	199	12	on	on	ADP
aijbe-867	199	13	stock	stock	NOUN
aijbe-867	199	14	market	market	NOUN
aijbe-867	199	15	fluctuations	fluctuation	NOUN
aijbe-867	199	16	.	.	PUNCT
aijbe-867	200	1	alzyoud	alzyoud	PROPN
aijbe-867	200	2	,	,	PUNCT
aijbe-867	200	3	wang	wang	PROPN
aijbe-867	200	4	and	and	CCONJ
aijbe-867	200	5	basso	basso	NOUN
aijbe-867	200	6	(	(	PUNCT
aijbe-867	200	7	2018	2018	NUM
aijbe-867	200	8	)	)	PUNCT
aijbe-867	200	9	also	also	ADV
aijbe-867	200	10	examined	examine	VERB
aijbe-867	200	11	the	the	DET
aijbe-867	200	12	dynamics	dynamic	NOUN
aijbe-867	200	13	of	of	ADP
aijbe-867	200	14	canadian	canadian	ADJ
aijbe-867	200	15	oil	oil	NOUN
aijbe-867	200	16	price	price	NOUN
aijbe-867	200	17	and	and	CCONJ
aijbe-867	200	18	its	its	PRON
aijbe-867	200	19	impact	impact	NOUN
aijbe-867	200	20	on	on	ADP
aijbe-867	200	21	exchange	exchange	NOUN
aijbe-867	200	22	rate	rate	NOUN
aijbe-867	200	23	and	and	CCONJ
aijbe-867	200	24	stock	stock	NOUN
aijbe-867	200	25	market	market	NOUN
aijbe-867	200	26	performance	performance	NOUN
aijbe-867	200	27	.	.	PUNCT
aijbe-867	201	1	the	the	DET
aijbe-867	201	2	authors	author	NOUN
aijbe-867	201	3	adopted	adopt	VERB
aijbe-867	201	4	the	the	DET
aijbe-867	201	5	cointegration	cointegration	NOUN
aijbe-867	201	6	technique	technique	NOUN
aijbe-867	201	7	and	and	CCONJ
aijbe-867	201	8	used	use	VERB
aijbe-867	201	9	stock	stock	NOUN
aijbe-867	201	10	index	index	NOUN
aijbe-867	201	11	,	,	PUNCT
aijbe-867	201	12	exchange	exchange	NOUN
aijbe-867	201	13	rate	rate	NOUN
aijbe-867	201	14	,	,	PUNCT
aijbe-867	201	15	and	and	CCONJ
aijbe-867	201	16	crude	crude	ADJ
aijbe-867	201	17	oil	oil	NOUN
aijbe-867	201	18	price	price	NOUN
aijbe-867	201	19	as	as	ADP
aijbe-867	201	20	variables	variable	NOUN
aijbe-867	201	21	in	in	ADP
aijbe-867	201	22	the	the	DET
aijbe-867	201	23	study	study	NOUN
aijbe-867	201	24	.	.	PUNCT
aijbe-867	202	1	the	the	DET
aijbe-867	202	2	findings	finding	NOUN
aijbe-867	202	3	indicated	indicate	VERB
aijbe-867	202	4	that	that	SCONJ
aijbe-867	202	5	oil	oil	NOUN
aijbe-867	202	6	price	price	NOUN
aijbe-867	202	7	,	,	PUNCT
aijbe-867	202	8	exchange	exchange	NOUN
aijbe-867	202	9	rate	rate	NOUN
aijbe-867	202	10	,	,	PUNCT
aijbe-867	202	11	and	and	CCONJ
aijbe-867	202	12	their	their	PRON
aijbe-867	202	13	variations	variation	NOUN
aijbe-867	202	14	had	have	VERB
aijbe-867	202	15	a	a	DET
aijbe-867	202	16	positive	positive	ADJ
aijbe-867	202	17	and	and	CCONJ
aijbe-867	202	18	significant	significant	ADJ
aijbe-867	202	19	impact	impact	NOUN
aijbe-867	202	20	on	on	ADP
aijbe-867	202	21	the	the	DET
aijbe-867	202	22	canadian	canadian	ADJ
aijbe-867	202	23	stock	stock	NOUN
aijbe-867	202	24	market	market	NOUN
aijbe-867	202	25	returns	return	NOUN
aijbe-867	202	26	.	.	PUNCT
aijbe-867	203	1	2.3.1	2.3.1	NUM
aijbe-867	203	2	trend	trend	NOUN
aijbe-867	203	3	analysis	analysis	NOUN
aijbe-867	203	4	in	in	ADP
aijbe-867	203	5	oil	oil	NOUN
aijbe-867	203	6	price	price	NOUN
aijbe-867	203	7	and	and	CCONJ
aijbe-867	203	8	stock	stock	NOUN
aijbe-867	203	9	performance	performance	NOUN
aijbe-867	203	10	.	.	PUNCT
aijbe-867	204	1	before	before	ADP
aijbe-867	204	2	2012	2012	NUM
aijbe-867	204	3	,	,	PUNCT
aijbe-867	204	4	the	the	DET
aijbe-867	204	5	movement	movement	NOUN
aijbe-867	204	6	of	of	ADP
aijbe-867	204	7	crude	crude	ADJ
aijbe-867	204	8	oil	oil	NOUN
aijbe-867	204	9	prices	price	NOUN
aijbe-867	204	10	and	and	CCONJ
aijbe-867	204	11	the	the	DET
aijbe-867	204	12	all	all	DET
aijbe-867	204	13	-	-	PUNCT
aijbe-867	204	14	share	share	NOUN
aijbe-867	204	15	index	index	NOUN
aijbe-867	204	16	(	(	PUNCT
aijbe-867	204	17	asi	asi	NOUN
aijbe-867	204	18	)	)	PUNCT
aijbe-867	204	19	in	in	ADP
aijbe-867	204	20	nigeria	nigeria	PROPN
aijbe-867	204	21	was	be	AUX
aijbe-867	204	22	inconsistent	inconsistent	ADJ
aijbe-867	204	23	.	.	PUNCT
aijbe-867	205	1	as	as	SCONJ
aijbe-867	205	2	crude	crude	ADJ
aijbe-867	205	3	oil	oil	NOUN
aijbe-867	205	4	prices	price	NOUN
aijbe-867	205	5	increased	increase	VERB
aijbe-867	205	6	,	,	PUNCT
aijbe-867	205	7	stock	stock	NOUN
aijbe-867	205	8	behaviour	behaviour	NOUN
aijbe-867	205	9	was	be	AUX
aijbe-867	205	10	often	often	ADV
aijbe-867	205	11	bearish	bearish	ADJ
aijbe-867	205	12	,	,	PUNCT
aijbe-867	205	13	suggesting	suggest	VERB
aijbe-867	205	14	other	other	ADJ
aijbe-867	205	15	factors	factor	NOUN
aijbe-867	205	16	influenced	influence	VERB
aijbe-867	205	17	stock	stock	NOUN
aijbe-867	205	18	prices	price	NOUN
aijbe-867	205	19	.	.	PUNCT
aijbe-867	206	1	from	from	ADP
aijbe-867	206	2	march	march	PROPN
aijbe-867	206	3	2012	2012	NUM
aijbe-867	206	4	to	to	ADP
aijbe-867	206	5	may	may	PROPN
aijbe-867	206	6	2014	2014	NUM
aijbe-867	206	7	,	,	PUNCT
aijbe-867	206	8	the	the	DET
aijbe-867	206	9	stock	stock	NOUN
aijbe-867	206	10	market	market	NOUN
aijbe-867	206	11	was	be	AUX
aijbe-867	206	12	mostly	mostly	ADV
aijbe-867	206	13	bullish	bullish	ADJ
aijbe-867	206	14	,	,	PUNCT
aijbe-867	206	15	with	with	ADP
aijbe-867	206	16	capital	capital	NOUN
aijbe-867	206	17	market	market	NOUN
aijbe-867	206	18	indicators	indicator	NOUN
aijbe-867	206	19	pushing	push	VERB
aijbe-867	206	20	positively	positively	ADV
aijbe-867	206	21	except	except	SCONJ
aijbe-867	206	22	for	for	ADP
aijbe-867	206	23	a	a	DET
aijbe-867	206	24	decline	decline	NOUN
aijbe-867	206	25	from	from	ADP
aijbe-867	206	26	june	june	PROPN
aijbe-867	206	27	to	to	ADP
aijbe-867	206	28	september	september	PROPN
aijbe-867	206	29	2013	2013	NUM
aijbe-867	206	30	due	due	ADP
aijbe-867	206	31	to	to	ADP
aijbe-867	206	32	concerns	concern	NOUN
aijbe-867	206	33	over	over	ADP
aijbe-867	206	34	the	the	DET
aijbe-867	206	35	us	us	PROPN
aijbe-867	206	36	federal	federal	PROPN
aijbe-867	206	37	reserve	reserve	PROPN
aijbe-867	206	38	's	's	PART
aijbe-867	206	39	adjustment	adjustment	NOUN
aijbe-867	206	40	of	of	ADP
aijbe-867	206	41	its	its	PRON
aijbe-867	206	42	quantitative	quantitative	ADJ
aijbe-867	206	43	easing	ease	VERB
aijbe-867	206	44	policy	policy	NOUN
aijbe-867	206	45	.	.	PUNCT
aijbe-867	207	1	this	this	DET
aijbe-867	207	2	period	period	NOUN
aijbe-867	207	3	saw	see	VERB
aijbe-867	207	4	higher	high	ADJ
aijbe-867	207	5	and	and	CCONJ
aijbe-867	207	6	stable	stable	ADJ
aijbe-867	207	7	crude	crude	ADJ
aijbe-867	207	8	oil	oil	NOUN
aijbe-867	207	9	prices	price	NOUN
aijbe-867	207	10	and	and	CCONJ
aijbe-867	207	11	increased	increase	VERB
aijbe-867	207	12	ikemenogo	ikemenogo	PROPN
aijbe-867	207	13	,	,	PUNCT
aijbe-867	207	14	eze	eze	PROPN
aijbe-867	207	15	solomon	solomon	PROPN
aijbe-867	207	16	(	(	PUNCT
aijbe-867	207	17	2024	2024	NUM
aijbe-867	207	18	)	)	PUNCT
aijbe-867	207	19	american	american	ADJ
aijbe-867	207	20	interdisciplinary	interdisciplinary	ADJ
aijbe-867	207	21	journal	journal	NOUN
aijbe-867	207	22	of	of	ADP
aijbe-867	207	23	business	business	NOUN
aijbe-867	207	24	and	and	CCONJ
aijbe-867	207	25	economics	economic	NOUN
aijbe-867	207	26	|	|	ADV
aijbe-867	207	27	43	43	NUM
aijbe-867	207	28	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	VERB
aijbe-867	207	29	economic	economic	ADJ
aijbe-867	207	30	activities	activity	NOUN
aijbe-867	207	31	.	.	PUNCT
aijbe-867	208	1	however	however	ADV
aijbe-867	208	2	,	,	PUNCT
aijbe-867	208	3	during	during	ADP
aijbe-867	208	4	the	the	DET
aijbe-867	208	5	recession	recession	NOUN
aijbe-867	208	6	in	in	ADP
aijbe-867	208	7	nigeria	nigeria	PROPN
aijbe-867	208	8	from	from	ADP
aijbe-867	208	9	september	september	PROPN
aijbe-867	208	10	2014	2014	NUM
aijbe-867	208	11	to	to	ADP
aijbe-867	208	12	april	april	PROPN
aijbe-867	208	13	2017	2017	NUM
aijbe-867	208	14	,	,	PUNCT
aijbe-867	208	15	both	both	CCONJ
aijbe-867	208	16	the	the	DET
aijbe-867	208	17	asi	asi	NOUN
aijbe-867	208	18	and	and	CCONJ
aijbe-867	208	19	crude	crude	ADJ
aijbe-867	208	20	oil	oil	NOUN
aijbe-867	208	21	prices	price	NOUN
aijbe-867	208	22	declined	decline	VERB
aijbe-867	208	23	significantly	significantly	ADV
aijbe-867	208	24	(	(	PUNCT
aijbe-867	208	25	iyoha	iyoha	PROPN
aijbe-867	208	26	,	,	PUNCT
aijbe-867	208	27	2017	2017	NUM
aijbe-867	208	28	)	)	PUNCT
aijbe-867	208	29	.	.	PUNCT
aijbe-867	209	1	despite	despite	SCONJ
aijbe-867	209	2	the	the	DET
aijbe-867	209	3	recession	recession	NOUN
aijbe-867	209	4	,	,	PUNCT
aijbe-867	209	5	the	the	DET
aijbe-867	209	6	nigerian	nigerian	ADJ
aijbe-867	209	7	stock	stock	NOUN
aijbe-867	209	8	market	market	NOUN
aijbe-867	209	9	was	be	AUX
aijbe-867	209	10	listed	list	VERB
aijbe-867	209	11	among	among	ADP
aijbe-867	209	12	the	the	DET
aijbe-867	209	13	best	good	ADJ
aijbe-867	209	14	performing	perform	VERB
aijbe-867	209	15	globally	globally	ADV
aijbe-867	209	16	.	.	PUNCT
aijbe-867	210	1	the	the	DET
aijbe-867	210	2	nse	nse	NOUN
aijbe-867	210	3	asi	asi	NOUN
aijbe-867	210	4	increased	increase	VERB
aijbe-867	210	5	by	by	ADP
aijbe-867	210	6	47.19	47.19	NUM
aijbe-867	210	7	%	%	NOUN
aijbe-867	210	8	and	and	CCONJ
aijbe-867	210	9	crossed	cross	VERB
aijbe-867	210	10	the	the	DET
aijbe-867	210	11	38,000	38,000	NUM
aijbe-867	210	12	points	point	NOUN
aijbe-867	210	13	mark	mark	NOUN
aijbe-867	210	14	by	by	ADP
aijbe-867	210	15	the	the	DET
aijbe-867	210	16	end	end	NOUN
aijbe-867	210	17	of	of	ADP
aijbe-867	210	18	the	the	DET
aijbe-867	210	19	year	year	NOUN
aijbe-867	210	20	,	,	PUNCT
aijbe-867	210	21	driven	drive	VERB
aijbe-867	210	22	by	by	ADP
aijbe-867	210	23	strong	strong	ADJ
aijbe-867	210	24	corporate	corporate	ADJ
aijbe-867	210	25	earnings	earning	NOUN
aijbe-867	210	26	from	from	ADP
aijbe-867	210	27	blue	blue	ADJ
aijbe-867	210	28	-	-	PUNCT
aijbe-867	210	29	chip	chip	NOUN
aijbe-867	210	30	companies	company	NOUN
aijbe-867	210	31	,	,	PUNCT
aijbe-867	210	32	increased	increase	VERB
aijbe-867	210	33	capital	capital	NOUN
aijbe-867	210	34	inflow	inflow	NOUN
aijbe-867	210	35	,	,	PUNCT
aijbe-867	210	36	and	and	CCONJ
aijbe-867	210	37	portfolio	portfolio	NOUN
aijbe-867	210	38	investments	investment	NOUN
aijbe-867	210	39	(	(	PUNCT
aijbe-867	210	40	central	central	ADJ
aijbe-867	210	41	bank	bank	PROPN
aijbe-867	210	42	of	of	ADP
aijbe-867	210	43	nigeria	nigeria	PROPN
aijbe-867	210	44	economic	economic	ADJ
aijbe-867	210	45	and	and	CCONJ
aijbe-867	210	46	financial	financial	ADJ
aijbe-867	210	47	review	review	NOUN
aijbe-867	210	48	,	,	PUNCT
aijbe-867	210	49	december	december	PROPN
aijbe-867	210	50	2020	2020	NUM
aijbe-867	210	51	)	)	PUNCT
aijbe-867	210	52	.	.	PUNCT
aijbe-867	211	1	in	in	ADP
aijbe-867	211	2	2014	2014	NUM
aijbe-867	211	3	,	,	PUNCT
aijbe-867	211	4	the	the	DET
aijbe-867	211	5	market	market	NOUN
aijbe-867	211	6	started	start	VERB
aijbe-867	211	7	positively	positively	ADV
aijbe-867	211	8	,	,	PUNCT
aijbe-867	211	9	but	but	CCONJ
aijbe-867	211	10	activities	activity	NOUN
aijbe-867	211	11	turned	turn	VERB
aijbe-867	211	12	bearish	bearish	ADJ
aijbe-867	211	13	due	due	ADP
aijbe-867	211	14	to	to	ADP
aijbe-867	211	15	foreign	foreign	ADJ
aijbe-867	211	16	investors	investor	NOUN
aijbe-867	211	17	'	'	PART
aijbe-867	211	18	withdrawal	withdrawal	NOUN
aijbe-867	211	19	,	,	PUNCT
aijbe-867	211	20	currency	currency	NOUN
aijbe-867	211	21	risks	risk	NOUN
aijbe-867	211	22	,	,	PUNCT
aijbe-867	211	23	and	and	CCONJ
aijbe-867	211	24	the	the	DET
aijbe-867	211	25	recovery	recovery	NOUN
aijbe-867	211	26	of	of	ADP
aijbe-867	211	27	developed	develop	VERB
aijbe-867	211	28	economies	economy	NOUN
aijbe-867	211	29	.	.	PUNCT
aijbe-867	212	1	the	the	DET
aijbe-867	212	2	bearish	bearish	ADJ
aijbe-867	212	3	sentiment	sentiment	NOUN
aijbe-867	212	4	worsened	worsen	VERB
aijbe-867	212	5	in	in	ADP
aijbe-867	212	6	the	the	DET
aijbe-867	212	7	second	second	ADJ
aijbe-867	212	8	half	half	NOUN
aijbe-867	212	9	of	of	ADP
aijbe-867	212	10	2014	2014	NUM
aijbe-867	212	11	due	due	ADP
aijbe-867	212	12	to	to	ADP
aijbe-867	212	13	the	the	DET
aijbe-867	212	14	global	global	ADJ
aijbe-867	212	15	economic	economic	ADJ
aijbe-867	212	16	recession	recession	NOUN
aijbe-867	212	17	,	,	PUNCT
aijbe-867	212	18	which	which	PRON
aijbe-867	212	19	saw	see	VERB
aijbe-867	212	20	crude	crude	ADJ
aijbe-867	212	21	oil	oil	NOUN
aijbe-867	212	22	prices	price	NOUN
aijbe-867	212	23	crash	crash	VERB
aijbe-867	212	24	from	from	ADP
aijbe-867	212	25	$	$	SYM
aijbe-867	212	26	110	110	NUM
aijbe-867	212	27	to	to	PART
aijbe-867	212	28	$	$	SYM
aijbe-867	212	29	40	40	NUM
aijbe-867	212	30	per	per	ADP
aijbe-867	212	31	barrel	barrel	NOUN
aijbe-867	212	32	.	.	PUNCT
aijbe-867	213	1	attacks	attack	NOUN
aijbe-867	213	2	on	on	ADP
aijbe-867	213	3	oil	oil	NOUN
aijbe-867	213	4	installations	installation	NOUN
aijbe-867	213	5	by	by	ADP
aijbe-867	213	6	militants	militant	NOUN
aijbe-867	213	7	in	in	ADP
aijbe-867	213	8	the	the	DET
aijbe-867	213	9	niger	niger	PROPN
aijbe-867	213	10	delta	delta	NOUN
aijbe-867	213	11	region	region	NOUN
aijbe-867	213	12	led	lead	VERB
aijbe-867	213	13	to	to	ADP
aijbe-867	213	14	a	a	DET
aijbe-867	213	15	loss	loss	NOUN
aijbe-867	213	16	of	of	ADP
aijbe-867	213	17	about	about	ADV
aijbe-867	213	18	one	one	NUM
aijbe-867	213	19	million	million	NUM
aijbe-867	213	20	barrels	barrel	NOUN
aijbe-867	213	21	of	of	ADP
aijbe-867	213	22	crude	crude	ADJ
aijbe-867	213	23	oil	oil	NOUN
aijbe-867	213	24	exports	export	NOUN
aijbe-867	213	25	per	per	ADP
aijbe-867	213	26	day	day	NOUN
aijbe-867	213	27	,	,	PUNCT
aijbe-867	213	28	further	far	ADV
aijbe-867	213	29	impacting	impact	VERB
aijbe-867	213	30	the	the	DET
aijbe-867	213	31	stock	stock	NOUN
aijbe-867	213	32	market	market	NOUN
aijbe-867	213	33	.	.	PUNCT
aijbe-867	214	1	other	other	ADJ
aijbe-867	214	2	macroeconomic	macroeconomic	ADJ
aijbe-867	214	3	factors	factor	NOUN
aijbe-867	214	4	,	,	PUNCT
aijbe-867	214	5	such	such	ADJ
aijbe-867	214	6	as	as	ADP
aijbe-867	214	7	declining	decline	VERB
aijbe-867	214	8	foreign	foreign	ADJ
aijbe-867	214	9	reserves	reserve	NOUN
aijbe-867	214	10	and	and	CCONJ
aijbe-867	214	11	weak	weak	ADJ
aijbe-867	214	12	corporate	corporate	ADJ
aijbe-867	214	13	earnings	earning	NOUN
aijbe-867	214	14	,	,	PUNCT
aijbe-867	214	15	contributed	contribute	VERB
aijbe-867	214	16	to	to	ADP
aijbe-867	214	17	the	the	DET
aijbe-867	214	18	market	market	NOUN
aijbe-867	214	19	's	's	PART
aijbe-867	214	20	decline	decline	NOUN
aijbe-867	214	21	.	.	PUNCT
aijbe-867	215	1	investors	investor	NOUN
aijbe-867	215	2	adopted	adopt	VERB
aijbe-867	215	3	a	a	DET
aijbe-867	215	4	'	'	PUNCT
aijbe-867	215	5	flight	flight	NOUN
aijbe-867	215	6	to	to	ADP
aijbe-867	215	7	quality	quality	NOUN
aijbe-867	215	8	'	'	PUNCT
aijbe-867	215	9	strategy	strategy	NOUN
aijbe-867	215	10	amidst	amidst	ADP
aijbe-867	215	11	the	the	DET
aijbe-867	215	12	uncertainty	uncertainty	NOUN
aijbe-867	215	13	(	(	PUNCT
aijbe-867	215	14	salisu	salisu	PROPN
aijbe-867	215	15	&	&	CCONJ
aijbe-867	215	16	oloko	oloko	NOUN
aijbe-867	215	17	,	,	PUNCT
aijbe-867	215	18	2015	2015	NUM
aijbe-867	215	19	)	)	PUNCT
aijbe-867	215	20	.	.	PUNCT
aijbe-867	216	1	in	in	ADP
aijbe-867	216	2	2015	2015	NUM
aijbe-867	216	3	,	,	PUNCT
aijbe-867	216	4	the	the	DET
aijbe-867	216	5	bearish	bearish	ADJ
aijbe-867	216	6	trend	trend	NOUN
aijbe-867	216	7	continued	continue	VERB
aijbe-867	216	8	,	,	PUNCT
aijbe-867	216	9	with	with	ADP
aijbe-867	216	10	the	the	DET
aijbe-867	216	11	nse	nse	NOUN
aijbe-867	216	12	asi	asi	NOUN
aijbe-867	216	13	falling	fall	VERB
aijbe-867	216	14	by	by	ADP
aijbe-867	216	15	17.4	17.4	NUM
aijbe-867	216	16	%	%	NOUN
aijbe-867	216	17	to	to	ADP
aijbe-867	216	18	28,642	28,642	NUM
aijbe-867	216	19	points	point	NOUN
aijbe-867	216	20	by	by	ADP
aijbe-867	216	21	year	year	NOUN
aijbe-867	216	22	-	-	PUNCT
aijbe-867	216	23	end	end	NOUN
aijbe-867	216	24	.	.	PUNCT
aijbe-867	217	1	the	the	DET
aijbe-867	217	2	market	market	NOUN
aijbe-867	217	3	's	's	PART
aijbe-867	217	4	poor	poor	ADJ
aijbe-867	217	5	performance	performance	NOUN
aijbe-867	217	6	was	be	AUX
aijbe-867	217	7	due	due	ADJ
aijbe-867	217	8	to	to	ADP
aijbe-867	217	9	political	political	ADJ
aijbe-867	217	10	risk	risk	NOUN
aijbe-867	217	11	,	,	PUNCT
aijbe-867	217	12	currency	currency	NOUN
aijbe-867	217	13	volatility	volatility	NOUN
aijbe-867	217	14	,	,	PUNCT
aijbe-867	217	15	and	and	CCONJ
aijbe-867	217	16	uncertainty	uncertainty	NOUN
aijbe-867	217	17	in	in	ADP
aijbe-867	217	18	global	global	ADJ
aijbe-867	217	19	crude	crude	ADJ
aijbe-867	217	20	oil	oil	NOUN
aijbe-867	217	21	prices	price	NOUN
aijbe-867	217	22	.	.	PUNCT
aijbe-867	218	1	this	this	DET
aijbe-867	218	2	bearish	bearish	ADJ
aijbe-867	218	3	trend	trend	NOUN
aijbe-867	218	4	persisted	persist	VERB
aijbe-867	218	5	into	into	ADP
aijbe-867	218	6	2016	2016	NUM
aijbe-867	218	7	,	,	PUNCT
aijbe-867	218	8	with	with	ADP
aijbe-867	218	9	the	the	DET
aijbe-867	218	10	stock	stock	NOUN
aijbe-867	218	11	market	market	NOUN
aijbe-867	218	12	recording	record	VERB
aijbe-867	218	13	a	a	DET
aijbe-867	218	14	16.05	16.05	NUM
aijbe-867	218	15	%	%	NOUN
aijbe-867	218	16	loss	loss	NOUN
aijbe-867	218	17	in	in	ADP
aijbe-867	218	18	january	january	PROPN
aijbe-867	218	19	.	.	PUNCT
aijbe-867	219	1	however	however	ADV
aijbe-867	219	2	,	,	PUNCT
aijbe-867	219	3	in	in	ADP
aijbe-867	219	4	may	may	PROPN
aijbe-867	219	5	2016	2016	NUM
aijbe-867	219	6	,	,	PUNCT
aijbe-867	219	7	the	the	DET
aijbe-867	219	8	market	market	NOUN
aijbe-867	219	9	saw	see	VERB
aijbe-867	219	10	a	a	DET
aijbe-867	219	11	slight	slight	ADJ
aijbe-867	219	12	improvement	improvement	NOUN
aijbe-867	219	13	with	with	ADP
aijbe-867	219	14	a	a	DET
aijbe-867	219	15	0.38	0.38	NUM
aijbe-867	219	16	%	%	NOUN
aijbe-867	219	17	gain	gain	NOUN
aijbe-867	219	18	,	,	PUNCT
aijbe-867	219	19	the	the	DET
aijbe-867	219	20	highest	high	ADJ
aijbe-867	219	21	monthly	monthly	ADJ
aijbe-867	219	22	gain	gain	NOUN
aijbe-867	219	23	that	that	DET
aijbe-867	219	24	year	year	NOUN
aijbe-867	219	25	.	.	PUNCT
aijbe-867	220	1	by	by	ADP
aijbe-867	220	2	december	december	PROPN
aijbe-867	220	3	19	19	NUM
aijbe-867	220	4	,	,	PUNCT
aijbe-867	220	5	2016	2016	NUM
aijbe-867	220	6	,	,	PUNCT
aijbe-867	220	7	the	the	DET
aijbe-867	220	8	market	market	NOUN
aijbe-867	220	9	recorded	record	VERB
aijbe-867	220	10	a	a	DET
aijbe-867	220	11	5.33	5.33	NUM
aijbe-867	220	12	%	%	NOUN
aijbe-867	220	13	gain	gain	NOUN
aijbe-867	220	14	,	,	PUNCT
aijbe-867	220	15	but	but	CCONJ
aijbe-867	220	16	the	the	DET
aijbe-867	220	17	nse	nse	NOUN
aijbe-867	220	18	asi	asi	NOUN
aijbe-867	220	19	remained	remain	VERB
aijbe-867	220	20	negative	negative	ADJ
aijbe-867	220	21	on	on	ADP
aijbe-867	220	22	most	most	ADJ
aijbe-867	220	23	trading	trading	NOUN
aijbe-867	220	24	days	day	NOUN
aijbe-867	220	25	,	,	PUNCT
aijbe-867	220	26	ending	end	VERB
aijbe-867	220	27	the	the	DET
aijbe-867	220	28	year	year	NOUN
aijbe-867	220	29	with	with	ADP
aijbe-867	220	30	an	an	DET
aijbe-867	220	31	18.0	18.0	NUM
aijbe-867	220	32	%	%	NOUN
aijbe-867	220	33	year	year	NOUN
aijbe-867	220	34	-	-	PUNCT
aijbe-867	220	35	to	to	ADP
aijbe-867	220	36	-	-	PUNCT
aijbe-867	220	37	date	date	NOUN
aijbe-867	220	38	loss	loss	NOUN
aijbe-867	220	39	.	.	PUNCT
aijbe-867	221	1	in	in	ADP
aijbe-867	221	2	2017	2017	NUM
aijbe-867	221	3	,	,	PUNCT
aijbe-867	221	4	the	the	DET
aijbe-867	221	5	market	market	NOUN
aijbe-867	221	6	gradually	gradually	ADV
aijbe-867	221	7	recovered	recover	VERB
aijbe-867	221	8	from	from	ADP
aijbe-867	221	9	the	the	DET
aijbe-867	221	10	economic	economic	ADJ
aijbe-867	221	11	recession	recession	NOUN
aijbe-867	221	12	,	,	PUNCT
aijbe-867	221	13	with	with	ADP
aijbe-867	221	14	the	the	DET
aijbe-867	221	15	nse	nse	NOUN
aijbe-867	221	16	asi	asi	NOUN
aijbe-867	221	17	index	index	NOUN
aijbe-867	221	18	increasing	increase	VERB
aijbe-867	221	19	by	by	ADP
aijbe-867	221	20	42.0	42.0	NUM
aijbe-867	221	21	%	%	NOUN
aijbe-867	221	22	,	,	PUNCT
aijbe-867	221	23	making	make	VERB
aijbe-867	221	24	it	it	PRON
aijbe-867	221	25	the	the	DET
aijbe-867	221	26	third	third	ADJ
aijbe-867	221	27	best	well	ADV
aijbe-867	221	28	-	-	PUNCT
aijbe-867	221	29	performing	perform	VERB
aijbe-867	221	30	market	market	NOUN
aijbe-867	221	31	globally	globally	ADV
aijbe-867	221	32	.	.	PUNCT
aijbe-867	222	1	this	this	DET
aijbe-867	222	2	improvement	improvement	NOUN
aijbe-867	222	3	was	be	AUX
aijbe-867	222	4	partly	partly	ADV
aijbe-867	222	5	due	due	ADJ
aijbe-867	222	6	to	to	ADP
aijbe-867	222	7	the	the	DET
aijbe-867	222	8	central	central	ADJ
aijbe-867	222	9	bank	bank	NOUN
aijbe-867	222	10	's	's	PART
aijbe-867	222	11	monetary	monetary	ADJ
aijbe-867	222	12	policies	policy	NOUN
aijbe-867	222	13	that	that	PRON
aijbe-867	222	14	increased	increase	VERB
aijbe-867	222	15	liquidity	liquidity	NOUN
aijbe-867	222	16	in	in	ADP
aijbe-867	222	17	the	the	DET
aijbe-867	222	18	foreign	foreign	ADJ
aijbe-867	222	19	exchange	exchange	NOUN
aijbe-867	222	20	market	market	NOUN
aijbe-867	222	21	.	.	PUNCT
aijbe-867	223	1	in	in	ADP
aijbe-867	223	2	2018	2018	NUM
aijbe-867	223	3	,	,	PUNCT
aijbe-867	223	4	as	as	SCONJ
aijbe-867	223	5	the	the	DET
aijbe-867	223	6	nigerian	nigerian	ADJ
aijbe-867	223	7	economy	economy	NOUN
aijbe-867	223	8	continued	continue	VERB
aijbe-867	223	9	its	its	PRON
aijbe-867	223	10	recovery	recovery	NOUN
aijbe-867	223	11	,	,	PUNCT
aijbe-867	223	12	the	the	DET
aijbe-867	223	13	nse	nse	NOUN
aijbe-867	223	14	equities	equity	NOUN
aijbe-867	223	15	market	market	NOUN
aijbe-867	223	16	started	start	VERB
aijbe-867	223	17	strongly	strongly	ADV
aijbe-867	223	18	,	,	PUNCT
aijbe-867	223	19	with	with	ADP
aijbe-867	223	20	the	the	DET
aijbe-867	223	21	asi	asi	NOUN
aijbe-867	223	22	reaching	reach	VERB
aijbe-867	223	23	a	a	DET
aijbe-867	223	24	ten	ten	NUM
aijbe-867	223	25	-	-	PUNCT
aijbe-867	223	26	year	year	NOUN
aijbe-867	223	27	peak	peak	NOUN
aijbe-867	223	28	of	of	ADP
aijbe-867	223	29	45,092.83	45,092.83	PROPN
aijbe-867	223	30	in	in	ADP
aijbe-867	223	31	january	january	PROPN
aijbe-867	223	32	.	.	PUNCT
aijbe-867	224	1	however	however	ADV
aijbe-867	224	2	,	,	PUNCT
aijbe-867	224	3	the	the	DET
aijbe-867	224	4	market	market	NOUN
aijbe-867	224	5	began	begin	VERB
aijbe-867	224	6	to	to	PART
aijbe-867	224	7	decline	decline	VERB
aijbe-867	224	8	in	in	ADP
aijbe-867	224	9	the	the	DET
aijbe-867	224	10	second	second	ADJ
aijbe-867	224	11	quarter	quarter	NOUN
aijbe-867	224	12	,	,	PUNCT
aijbe-867	224	13	with	with	ADP
aijbe-867	224	14	the	the	DET
aijbe-867	224	15	asi	asi	NOUN
aijbe-867	224	16	falling	fall	VERB
aijbe-867	224	17	by	by	ADP
aijbe-867	224	18	17.81	17.81	NUM
aijbe-867	224	19	%	%	NOUN
aijbe-867	224	20	to	to	ADP
aijbe-867	224	21	31,430.50	31,430.50	PROPN
aijbe-867	224	22	points	point	NOUN
aijbe-867	224	23	by	by	ADP
aijbe-867	224	24	year	year	NOUN
aijbe-867	224	25	-	-	PUNCT
aijbe-867	224	26	end	end	NOUN
aijbe-867	224	27	.	.	PUNCT
aijbe-867	225	1	macroeconomic	macroeconomic	ADJ
aijbe-867	225	2	factors	factor	NOUN
aijbe-867	225	3	,	,	PUNCT
aijbe-867	225	4	including	include	VERB
aijbe-867	225	5	political	political	ADJ
aijbe-867	225	6	risks	risk	NOUN
aijbe-867	225	7	,	,	PUNCT
aijbe-867	225	8	oil	oil	NOUN
aijbe-867	225	9	price	price	NOUN
aijbe-867	225	10	volatility	volatility	NOUN
aijbe-867	225	11	,	,	PUNCT
aijbe-867	225	12	and	and	CCONJ
aijbe-867	225	13	rising	rise	VERB
aijbe-867	225	14	global	global	ADJ
aijbe-867	225	15	yields	yield	NOUN
aijbe-867	225	16	,	,	PUNCT
aijbe-867	225	17	contributed	contribute	VERB
aijbe-867	225	18	to	to	ADP
aijbe-867	225	19	the	the	DET
aijbe-867	225	20	bearish	bearish	ADJ
aijbe-867	225	21	sentiment	sentiment	NOUN
aijbe-867	225	22	.	.	PUNCT
aijbe-867	226	1	in	in	ADP
aijbe-867	226	2	the	the	DET
aijbe-867	226	3	first	first	ADJ
aijbe-867	226	4	half	half	NOUN
aijbe-867	226	5	of	of	ADP
aijbe-867	226	6	2019	2019	NUM
aijbe-867	226	7	,	,	PUNCT
aijbe-867	226	8	market	market	NOUN
aijbe-867	226	9	sentiments	sentiment	NOUN
aijbe-867	226	10	were	be	AUX
aijbe-867	226	11	driven	drive	VERB
aijbe-867	226	12	by	by	ADP
aijbe-867	226	13	uncertainty	uncertainty	NOUN
aijbe-867	226	14	in	in	ADP
aijbe-867	226	15	oil	oil	NOUN
aijbe-867	226	16	prices	price	NOUN
aijbe-867	226	17	and	and	CCONJ
aijbe-867	226	18	the	the	DET
aijbe-867	226	19	2019	2019	NUM
aijbe-867	226	20	general	general	ADJ
aijbe-867	226	21	elections	election	NOUN
aijbe-867	226	22	.	.	PUNCT
aijbe-867	227	1	post	post	ADJ
aijbe-867	227	2	-	-	ADJ
aijbe-867	227	3	election	election	ADJ
aijbe-867	227	4	stability	stability	NOUN
aijbe-867	227	5	dampened	dampen	VERB
aijbe-867	227	6	the	the	DET
aijbe-867	227	7	volatility	volatility	NOUN
aijbe-867	227	8	in	in	ADP
aijbe-867	227	9	the	the	DET
aijbe-867	227	10	equities	equity	NOUN
aijbe-867	227	11	market	market	NOUN
aijbe-867	227	12	.	.	PUNCT
aijbe-867	228	1	with	with	ADP
aijbe-867	228	2	the	the	DET
aijbe-867	228	3	approval	approval	NOUN
aijbe-867	228	4	and	and	CCONJ
aijbe-867	228	5	implementation	implementation	NOUN
aijbe-867	228	6	of	of	ADP
aijbe-867	228	7	the	the	DET
aijbe-867	228	8	2019	2019	NUM
aijbe-867	228	9	budget	budget	NOUN
aijbe-867	228	10	,	,	PUNCT
aijbe-867	228	11	positive	positive	ADJ
aijbe-867	228	12	impacts	impact	NOUN
aijbe-867	228	13	on	on	ADP
aijbe-867	228	14	company	company	NOUN
aijbe-867	228	15	earnings	earning	NOUN
aijbe-867	228	16	and	and	CCONJ
aijbe-867	228	17	consumer	consumer	NOUN
aijbe-867	228	18	spending	spending	NOUN
aijbe-867	228	19	were	be	AUX
aijbe-867	228	20	expected	expect	VERB
aijbe-867	228	21	to	to	PART
aijbe-867	228	22	boost	boost	VERB
aijbe-867	228	23	market	market	NOUN
aijbe-867	228	24	activity	activity	NOUN
aijbe-867	228	25	in	in	ADP
aijbe-867	228	26	the	the	DET
aijbe-867	228	27	second	second	ADJ
aijbe-867	228	28	half	half	NOUN
aijbe-867	228	29	of	of	ADP
aijbe-867	228	30	2019	2019	NUM
aijbe-867	228	31	.	.	PUNCT
aijbe-867	229	1	these	these	DET
aijbe-867	229	2	periods	period	NOUN
aijbe-867	229	3	also	also	ADV
aijbe-867	229	4	experienced	experience	VERB
aijbe-867	229	5	higher	high	ADJ
aijbe-867	229	6	and	and	CCONJ
aijbe-867	229	7	stable	stable	ADJ
aijbe-867	229	8	crude	crude	ADJ
aijbe-867	229	9	oil	oil	NOUN
aijbe-867	229	10	prices	price	NOUN
aijbe-867	229	11	and	and	CCONJ
aijbe-867	229	12	increased	increase	VERB
aijbe-867	229	13	economic	economic	ADJ
aijbe-867	229	14	activities	activity	NOUN
aijbe-867	229	15	(	(	PUNCT
aijbe-867	229	16	central	central	ADJ
aijbe-867	229	17	bank	bank	NOUN
aijbe-867	229	18	of	of	ADP
aijbe-867	229	19	nigeria	nigeria	PROPN
aijbe-867	229	20	economic	economic	ADJ
aijbe-867	229	21	and	and	CCONJ
aijbe-867	229	22	financial	financial	ADJ
aijbe-867	229	23	review	review	NOUN
aijbe-867	229	24	,	,	PUNCT
aijbe-867	229	25	december	december	PROPN
aijbe-867	229	26	2020	2020	NUM
aijbe-867	229	27	)	)	PUNCT
aijbe-867	229	28	.	.	PUNCT
aijbe-867	230	1	for	for	ADP
aijbe-867	230	2	the	the	DET
aijbe-867	230	3	purpose	purpose	NOUN
aijbe-867	230	4	,	,	PUNCT
aijbe-867	230	5	of	of	ADP
aijbe-867	230	6	this	this	DET
aijbe-867	230	7	study	study	NOUN
aijbe-867	230	8	,	,	PUNCT
aijbe-867	230	9	a	a	DET
aijbe-867	230	10	simple	simple	ADJ
aijbe-867	230	11	stock	stock	NOUN
aijbe-867	230	12	return	return	NOUN
aijbe-867	230	13	series	series	NOUN
aijbe-867	230	14	is	be	AUX
aijbe-867	230	15	specified	specify	VERB
aijbe-867	230	16	as	as	ADP
aijbe-867	230	17	a	a	DET
aijbe-867	230	18	function	function	NOUN
aijbe-867	230	19	of	of	ADP
aijbe-867	230	20	exchange	exchange	NOUN
aijbe-867	230	21	rate	rate	NOUN
aijbe-867	230	22	and	and	CCONJ
aijbe-867	230	23	crude	crude	ADJ
aijbe-867	230	24	oil	oil	NOUN
aijbe-867	230	25	price	price	NOUN
aijbe-867	230	26	:	:	PUNCT
aijbe-867	230	27	𝐴𝑆𝐼	𝐴𝑆𝐼	PROPN
aijbe-867	230	28	=	=	SYM
aijbe-867	230	29	𝑓(𝐸𝑅	𝑓(𝐸𝑅	PROPN
aijbe-867	230	30	,	,	PUNCT
aijbe-867	230	31	𝑃	𝑃	PROPN
aijbe-867	230	32	)	)	PUNCT
aijbe-867	230	33	where	where	SCONJ
aijbe-867	230	34	er	er	INTJ
aijbe-867	230	35	is	be	AUX
aijbe-867	230	36	the	the	DET
aijbe-867	230	37	bureau	bureau	NOUN
aijbe-867	230	38	-	-	PUNCT
aijbe-867	230	39	de	de	NOUN
aijbe-867	230	40	-	-	NOUN
aijbe-867	230	41	change	change	NOUN
aijbe-867	230	42	exchange	exchange	NOUN
aijbe-867	230	43	rate	rate	NOUN
aijbe-867	230	44	and	and	CCONJ
aijbe-867	230	45	p	p	NOUN
aijbe-867	230	46	is	be	AUX
aijbe-867	230	47	the	the	DET
aijbe-867	230	48	crude	crude	ADJ
aijbe-867	230	49	oil	oil	NOUN
aijbe-867	230	50	price	price	NOUN
aijbe-867	230	51	.	.	PUNCT
aijbe-867	231	1	to	to	PART
aijbe-867	231	2	determine	determine	VERB
aijbe-867	231	3	if	if	SCONJ
aijbe-867	231	4	volatility	volatility	NOUN
aijbe-867	231	5	in	in	ADP
aijbe-867	231	6	these	these	DET
aijbe-867	231	7	series	series	NOUN
aijbe-867	231	8	matters	matter	VERB
aijbe-867	231	9	more	more	ADV
aijbe-867	231	10	than	than	ADP
aijbe-867	231	11	the	the	DET
aijbe-867	231	12	crude	crude	ADJ
aijbe-867	231	13	oil	oil	NOUN
aijbe-867	231	14	price	price	NOUN
aijbe-867	231	15	and	and	CCONJ
aijbe-867	231	16	exchange	exchange	NOUN
aijbe-867	231	17	rate	rate	NOUN
aijbe-867	231	18	return	return	NOUN
aijbe-867	231	19	series	series	NOUN
aijbe-867	231	20	themselves	themselves	PRON
aijbe-867	231	21	,	,	PUNCT
aijbe-867	231	22	a	a	DET
aijbe-867	231	23	variation	variation	NOUN
aijbe-867	231	24	of	of	ADP
aijbe-867	231	25	this	this	DET
aijbe-867	231	26	equation	equation	NOUN
aijbe-867	231	27	is	be	AUX
aijbe-867	231	28	specified	specify	VERB
aijbe-867	231	29	such	such	ADJ
aijbe-867	231	30	that	that	SCONJ
aijbe-867	231	31	all	all	DET
aijbe-867	231	32	-	-	PUNCT
aijbe-867	231	33	share	share	NOUN
aijbe-867	231	34	index	index	NOUN
aijbe-867	231	35	is	be	AUX
aijbe-867	231	36	a	a	DET
aijbe-867	231	37	function	function	NOUN
aijbe-867	231	38	of	of	ADP
aijbe-867	231	39	volatilities	volatility	NOUN
aijbe-867	231	40	in	in	ADP
aijbe-867	231	41	crude	crude	ADJ
aijbe-867	231	42	oil	oil	NOUN
aijbe-867	231	43	price	price	NOUN
aijbe-867	231	44	and	and	CCONJ
aijbe-867	231	45	exchange	exchange	NOUN
aijbe-867	231	46	rate	rate	NOUN
aijbe-867	231	47	:	:	PUNCT
aijbe-867	231	48	𝐴𝑆𝐼	𝐴𝑆𝐼	PROPN
aijbe-867	231	49	=	=	SYM
aijbe-867	231	50	𝑔(𝑠	𝑔(𝑠	NOUN
aijbe-867	231	51	)	)	PUNCT
aijbe-867	231	52	.	.	PUNCT
aijbe-867	232	1	theoritical	theoritical	ADJ
aijbe-867	232	2	framework	framework	NOUN
aijbe-867	232	3	and	and	CCONJ
aijbe-867	232	4	methodology	methodology	NOUN
aijbe-867	232	5	3.1	3.1	NUM
aijbe-867	232	6	theoretical	theoretical	ADJ
aijbe-867	232	7	framework	framework	NOUN
aijbe-867	232	8	3.1.1	3.1.1	NUM
aijbe-867	232	9	arbitrage	arbitrage	NOUN
aijbe-867	232	10	pricing	pricing	NOUN
aijbe-867	232	11	theory	theory	NOUN
aijbe-867	232	12	(	(	PUNCT
aijbe-867	232	13	apt	apt	ADJ
aijbe-867	232	14	)	)	PUNCT
aijbe-867	232	15	the	the	DET
aijbe-867	232	16	study	study	NOUN
aijbe-867	232	17	adopted	adopt	VERB
aijbe-867	232	18	arbitrage	arbitrage	NOUN
aijbe-867	232	19	pricing	pricing	NOUN
aijbe-867	232	20	theory	theory	NOUN
aijbe-867	232	21	(	(	PUNCT
aijbe-867	232	22	apt	apt	ADJ
aijbe-867	232	23	)	)	PUNCT
aijbe-867	232	24	as	as	ADP
aijbe-867	232	25	the	the	DET
aijbe-867	232	26	theoretical	theoretical	ADJ
aijbe-867	232	27	framework	framework	NOUN
aijbe-867	232	28	.	.	PUNCT
aijbe-867	233	1	this	this	PRON
aijbe-867	233	2	was	be	AUX
aijbe-867	233	3	developed	develop	VERB
aijbe-867	233	4	by	by	ADP
aijbe-867	233	5	stephen	stephen	PROPN
aijbe-867	233	6	ross	ross	PROPN
aijbe-867	233	7	in	in	ADP
aijbe-867	233	8	1976	1976	NUM
aijbe-867	233	9	.	.	PUNCT
aijbe-867	234	1	the	the	DET
aijbe-867	234	2	arbitrage	arbitrage	NOUN
aijbe-867	234	3	pricing	pricing	NOUN
aijbe-867	234	4	theory	theory	NOUN
aijbe-867	234	5	is	be	AUX
aijbe-867	234	6	a	a	DET
aijbe-867	234	7	general	general	ADJ
aijbe-867	234	8	theory	theory	NOUN
aijbe-867	234	9	of	of	ADP
aijbe-867	234	10	asset	asset	NOUN
aijbe-867	234	11	pricing	pricing	NOUN
aijbe-867	234	12	that	that	PRON
aijbe-867	234	13	holds	hold	VERB
aijbe-867	234	14	that	that	SCONJ
aijbe-867	234	15	the	the	DET
aijbe-867	234	16	expected	expect	VERB
aijbe-867	234	17	returns	return	NOUN
aijbe-867	234	18	ikemenogo	ikemenogo	VERB
aijbe-867	234	19	,	,	PUNCT
aijbe-867	234	20	eze	eze	PROPN
aijbe-867	234	21	solomon	solomon	PROPN
aijbe-867	234	22	(	(	PUNCT
aijbe-867	234	23	2024	2024	NUM
aijbe-867	234	24	)	)	PUNCT
aijbe-867	234	25	american	american	ADJ
aijbe-867	234	26	interdisciplinary	interdisciplinary	ADJ
aijbe-867	234	27	journal	journal	NOUN
aijbe-867	234	28	of	of	ADP
aijbe-867	234	29	business	business	NOUN
aijbe-867	234	30	and	and	CCONJ
aijbe-867	234	31	economics	economic	NOUN
aijbe-867	234	32	|	|	ADV
aijbe-867	234	33	44	44	NUM
aijbe-867	234	34	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	234	35	of	of	ADP
aijbe-867	234	36	a	a	DET
aijbe-867	234	37	financial	financial	ADJ
aijbe-867	234	38	asset	asset	NOUN
aijbe-867	234	39	can	can	AUX
aijbe-867	234	40	be	be	AUX
aijbe-867	234	41	modelled	model	VERB
aijbe-867	234	42	as	as	ADP
aijbe-867	234	43	a	a	DET
aijbe-867	234	44	linear	linear	ADJ
aijbe-867	234	45	function	function	NOUN
aijbe-867	234	46	of	of	ADP
aijbe-867	234	47	various	various	ADJ
aijbe-867	234	48	macroeconomic	macroeconomic	ADJ
aijbe-867	234	49	factors	factor	NOUN
aijbe-867	234	50	or	or	CCONJ
aijbe-867	234	51	theoretical	theoretical	ADJ
aijbe-867	234	52	market	market	NOUN
aijbe-867	234	53	indices	index	NOUN
aijbe-867	234	54	,	,	PUNCT
aijbe-867	234	55	where	where	SCONJ
aijbe-867	234	56	the	the	DET
aijbe-867	234	57	sensitivity	sensitivity	NOUN
aijbe-867	234	58	to	to	PART
aijbe-867	234	59	change	change	VERB
aijbe-867	234	60	in	in	ADP
aijbe-867	234	61	each	each	DET
aijbe-867	234	62	factor	factor	NOUN
aijbe-867	234	63	is	be	AUX
aijbe-867	234	64	represented	represent	VERB
aijbe-867	234	65	by	by	ADP
aijbe-867	234	66	a	a	DET
aijbe-867	234	67	factor	factor	NOUN
aijbe-867	234	68	specific	specific	ADJ
aijbe-867	234	69	beta	beta	NOUN
aijbe-867	234	70	coefficient	coefficient	NOUN
aijbe-867	234	71	(	(	PUNCT
aijbe-867	234	72	alexander	alexander	PROPN
aijbe-867	234	73	,	,	PUNCT
aijbe-867	234	74	sharpe	sharpe	PROPN
aijbe-867	234	75	,	,	PUNCT
aijbe-867	234	76	and	and	CCONJ
aijbe-867	234	77	bailey	bailey	NOUN
aijbe-867	234	78	,	,	PUNCT
aijbe-867	234	79	2001	2001	NUM
aijbe-867	234	80	)	)	PUNCT
aijbe-867	234	81	.	.	PUNCT
aijbe-867	235	1	the	the	DET
aijbe-867	235	2	model	model	NOUN
aijbe-867	235	3	’s	’s	PART
aijbe-867	235	4	derived	derive	VERB
aijbe-867	235	5	rate	rate	NOUN
aijbe-867	235	6	of	of	ADP
aijbe-867	235	7	return	return	NOUN
aijbe-867	235	8	will	will	AUX
aijbe-867	235	9	then	then	ADV
aijbe-867	235	10	be	be	AUX
aijbe-867	235	11	used	use	VERB
aijbe-867	235	12	to	to	PART
aijbe-867	235	13	price	price	VERB
aijbe-867	235	14	the	the	DET
aijbe-867	235	15	financial	financial	ADJ
aijbe-867	235	16	asset	asset	NOUN
aijbe-867	235	17	correctly	correctly	ADV
aijbe-867	235	18	;	;	PUNCT
aijbe-867	235	19	this	this	DET
aijbe-867	235	20	asset	asset	NOUN
aijbe-867	235	21	price	price	NOUN
aijbe-867	235	22	should	should	AUX
aijbe-867	235	23	be	be	AUX
aijbe-867	235	24	equal	equal	ADJ
aijbe-867	235	25	to	to	ADP
aijbe-867	235	26	the	the	DET
aijbe-867	235	27	expected	expect	VERB
aijbe-867	235	28	end	end	NOUN
aijbe-867	235	29	of	of	ADP
aijbe-867	235	30	period	period	NOUN
aijbe-867	235	31	return	return	NOUN
aijbe-867	235	32	discounted	discount	VERB
aijbe-867	235	33	at	at	ADP
aijbe-867	235	34	the	the	DET
aijbe-867	235	35	rate	rate	NOUN
aijbe-867	235	36	implied	imply	VERB
aijbe-867	235	37	by	by	ADP
aijbe-867	235	38	the	the	DET
aijbe-867	235	39	model	model	NOUN
aijbe-867	235	40	.	.	PUNCT
aijbe-867	236	1	in	in	ADP
aijbe-867	236	2	an	an	DET
aijbe-867	236	3	event	event	NOUN
aijbe-867	236	4	that	that	SCONJ
aijbe-867	236	5	the	the	DET
aijbe-867	236	6	prices	price	NOUN
aijbe-867	236	7	diverge	diverge	VERB
aijbe-867	236	8	then	then	ADV
aijbe-867	236	9	arbitrage	arbitrage	NOUN
aijbe-867	236	10	actions	action	NOUN
aijbe-867	236	11	should	should	AUX
aijbe-867	236	12	bring	bring	VERB
aijbe-867	236	13	the	the	DET
aijbe-867	236	14	price	price	NOUN
aijbe-867	236	15	back	back	ADV
aijbe-867	236	16	to	to	ADP
aijbe-867	236	17	its	its	PRON
aijbe-867	236	18	correct	correct	ADJ
aijbe-867	236	19	level	level	NOUN
aijbe-867	236	20	.	.	PUNCT
aijbe-867	237	1	apt	apt	ADJ
aijbe-867	237	2	assumes	assume	VERB
aijbe-867	237	3	that	that	SCONJ
aijbe-867	237	4	asset	asset	NOUN
aijbe-867	237	5	returns	return	NOUN
aijbe-867	237	6	are	be	AUX
aijbe-867	237	7	related	relate	VERB
aijbe-867	237	8	to	to	ADP
aijbe-867	237	9	an	an	DET
aijbe-867	237	10	unknown	unknown	ADJ
aijbe-867	237	11	number	number	NOUN
aijbe-867	237	12	of	of	ADP
aijbe-867	237	13	macroeconomic	macroeconomic	ADJ
aijbe-867	237	14	factors	factor	NOUN
aijbe-867	237	15	(	(	PUNCT
aijbe-867	237	16	alexander	alexander	PROPN
aijbe-867	237	17	,	,	PUNCT
aijbe-867	237	18	sharpe	sharpe	PROPN
aijbe-867	237	19	,	,	PUNCT
aijbe-867	237	20	and	and	CCONJ
aijbe-867	237	21	bailey	bailey	NOUN
aijbe-867	237	22	,	,	PUNCT
aijbe-867	237	23	2001	2001	NUM
aijbe-867	237	24	)	)	PUNCT
aijbe-867	237	25	.	.	PUNCT
aijbe-867	238	1	the	the	DET
aijbe-867	238	2	model	model	NOUN
aijbe-867	238	3	attributes	attribute	VERB
aijbe-867	238	4	the	the	DET
aijbe-867	238	5	expected	expect	VERB
aijbe-867	238	6	return	return	NOUN
aijbe-867	238	7	of	of	ADP
aijbe-867	238	8	a	a	DET
aijbe-867	238	9	capital	capital	NOUN
aijbe-867	238	10	asset	asset	NOUN
aijbe-867	238	11	multiple	multiple	ADJ
aijbe-867	238	12	risk	risk	NOUN
aijbe-867	238	13	factors	factor	NOUN
aijbe-867	238	14	,	,	PUNCT
aijbe-867	238	15	and	and	CCONJ
aijbe-867	238	16	in	in	ADP
aijbe-867	238	17	the	the	DET
aijbe-867	238	18	process	process	NOUN
aijbe-867	238	19	measures	measure	VERB
aijbe-867	238	20	the	the	DET
aijbe-867	238	21	risk	risk	NOUN
aijbe-867	238	22	premiums	premium	NOUN
aijbe-867	238	23	associated	associate	VERB
aijbe-867	238	24	with	with	ADP
aijbe-867	238	25	each	each	PRON
aijbe-867	238	26	of	of	ADP
aijbe-867	238	27	these	these	DET
aijbe-867	238	28	risk	risk	NOUN
aijbe-867	238	29	factors	factor	NOUN
aijbe-867	238	30	.	.	PUNCT
aijbe-867	239	1	apt	apt	ADJ
aijbe-867	239	2	addresses	address	NOUN
aijbe-867	239	3	the	the	DET
aijbe-867	239	4	question	question	NOUN
aijbe-867	239	5	of	of	ADP
aijbe-867	239	6	whether	whether	SCONJ
aijbe-867	239	7	the	the	DET
aijbe-867	239	8	risk	risk	NOUN
aijbe-867	239	9	associated	associate	VERB
aijbe-867	239	10	with	with	ADP
aijbe-867	239	11	the	the	DET
aijbe-867	239	12	macroeconomic	macroeconomic	ADJ
aijbe-867	239	13	variable	variable	NOUN
aijbe-867	239	14	is	be	AUX
aijbe-867	239	15	reflected	reflect	VERB
aijbe-867	239	16	in	in	ADP
aijbe-867	239	17	the	the	DET
aijbe-867	239	18	expected	expect	VERB
aijbe-867	239	19	market	market	NOUN
aijbe-867	239	20	returns	return	NOUN
aijbe-867	239	21	.	.	PUNCT
aijbe-867	240	1	according	accord	VERB
aijbe-867	240	2	to	to	ADP
aijbe-867	240	3	(	(	PUNCT
aijbe-867	240	4	chen	chen	PROPN
aijbe-867	240	5	,	,	PUNCT
aijbe-867	240	6	roll	roll	NOUN
aijbe-867	240	7	,	,	PUNCT
aijbe-867	240	8	&	&	CCONJ
aijbe-867	240	9	ross	ross	PROPN
aijbe-867	240	10	,	,	PUNCT
aijbe-867	240	11	1986	1986	NUM
aijbe-867	240	12	)	)	PUNCT
aijbe-867	240	13	,	,	PUNCT
aijbe-867	240	14	economic	economic	ADJ
aijbe-867	240	15	variables	variable	NOUN
aijbe-867	240	16	have	have	VERB
aijbe-867	240	17	a	a	DET
aijbe-867	240	18	systematic	systematic	ADJ
aijbe-867	240	19	consequence	consequence	NOUN
aijbe-867	240	20	on	on	ADP
aijbe-867	240	21	stock	stock	NOUN
aijbe-867	240	22	market	market	NOUN
aijbe-867	240	23	returns	return	NOUN
aijbe-867	240	24	because	because	SCONJ
aijbe-867	240	25	economic	economic	ADJ
aijbe-867	240	26	forces	force	NOUN
aijbe-867	240	27	affect	affect	VERB
aijbe-867	240	28	discount	discount	NOUN
aijbe-867	240	29	rates	rate	NOUN
aijbe-867	240	30	,	,	PUNCT
aijbe-867	240	31	the	the	DET
aijbe-867	240	32	ability	ability	NOUN
aijbe-867	240	33	of	of	ADP
aijbe-867	240	34	the	the	DET
aijbe-867	240	35	firm	firm	NOUN
aijbe-867	240	36	to	to	PART
aijbe-867	240	37	generate	generate	VERB
aijbe-867	240	38	cash	cash	NOUN
aijbe-867	240	39	and	and	CCONJ
aijbe-867	240	40	future	future	ADJ
aijbe-867	240	41	dividend	dividend	NOUN
aijbe-867	240	42	payments	payment	NOUN
aijbe-867	240	43	.	.	PUNCT
aijbe-867	241	1	the	the	DET
aijbe-867	241	2	core	core	ADJ
aijbe-867	241	3	idea	idea	NOUN
aijbe-867	241	4	of	of	ADP
aijbe-867	241	5	apt	apt	ADJ
aijbe-867	241	6	is	be	AUX
aijbe-867	241	7	that	that	SCONJ
aijbe-867	241	8	only	only	ADV
aijbe-867	241	9	a	a	DET
aijbe-867	241	10	small	small	ADJ
aijbe-867	241	11	number	number	NOUN
aijbe-867	241	12	of	of	ADP
aijbe-867	241	13	systematic	systematic	ADJ
aijbe-867	241	14	influences	influence	NOUN
aijbe-867	241	15	affect	affect	VERB
aijbe-867	241	16	the	the	DET
aijbe-867	241	17	long	long	ADJ
aijbe-867	241	18	-	-	PUNCT
aijbe-867	241	19	term	term	NOUN
aijbe-867	241	20	average	average	ADJ
aijbe-867	241	21	returns	return	NOUN
aijbe-867	241	22	of	of	ADP
aijbe-867	241	23	securities	security	NOUN
aijbe-867	241	24	.	.	PUNCT
aijbe-867	242	1	3.2	3.2	NUM
aijbe-867	242	2	method	method	NOUN
aijbe-867	242	3	of	of	ADP
aijbe-867	242	4	analyses	analysis	NOUN
aijbe-867	242	5	garch	garch	NOUN
aijbe-867	242	6	model	model	NOUN
aijbe-867	242	7	was	be	AUX
aijbe-867	242	8	employed	employ	VERB
aijbe-867	242	9	measure	measure	NOUN
aijbe-867	242	10	the	the	DET
aijbe-867	242	11	volatility	volatility	NOUN
aijbe-867	242	12	in	in	ADP
aijbe-867	242	13	exchange	exchange	NOUN
aijbe-867	242	14	rate	rate	NOUN
aijbe-867	242	15	,	,	PUNCT
aijbe-867	242	16	oil	oil	NOUN
aijbe-867	242	17	prices	price	NOUN
aijbe-867	242	18	,	,	PUNCT
aijbe-867	242	19	inflation	inflation	NOUN
aijbe-867	242	20	and	and	CCONJ
aijbe-867	242	21	interest	interest	NOUN
aijbe-867	242	22	rate	rate	NOUN
aijbe-867	242	23	using	use	VERB
aijbe-867	242	24	the	the	DET
aijbe-867	242	25	garch	garch	NOUN
aijbe-867	242	26	as	as	SCONJ
aijbe-867	242	27	developed	develop	VERB
aijbe-867	242	28	by	by	ADP
aijbe-867	242	29	robert	robert	PROPN
aijbe-867	242	30	(	(	PUNCT
aijbe-867	242	31	1982	1982	NUM
aijbe-867	242	32	)	)	PUNCT
aijbe-867	242	33	.	.	PUNCT
aijbe-867	243	1	the	the	DET
aijbe-867	243	2	approach	approach	NOUN
aijbe-867	243	3	to	to	PART
aijbe-867	243	4	estimate	estimate	VERB
aijbe-867	243	5	volatility	volatility	NOUN
aijbe-867	243	6	in	in	ADP
aijbe-867	243	7	financial	financial	ADJ
aijbe-867	243	8	markets	market	NOUN
aijbe-867	243	9	;	;	PUNCT
aijbe-867	243	10	we	we	PRON
aijbe-867	243	11	can	can	AUX
aijbe-867	243	12	think	think	VERB
aijbe-867	243	13	of	of	ADP
aijbe-867	243	14	heteroskedasticity	heteroskedasticity	NOUN
aijbe-867	243	15	as	as	ADP
aijbe-867	243	16	time	time	NOUN
aijbe-867	243	17	-	-	PUNCT
aijbe-867	243	18	varying	vary	VERB
aijbe-867	243	19	variance	variance	NOUN
aijbe-867	243	20	(	(	PUNCT
aijbe-867	243	21	i.e.	i.e.	X
aijbe-867	243	22	,	,	PUNCT
aijbe-867	243	23	volatility	volatility	NOUN
aijbe-867	243	24	)	)	PUNCT
aijbe-867	243	25	.	.	PUNCT
aijbe-867	244	1	conditional	conditional	ADJ
aijbe-867	244	2	implies	imply	VERB
aijbe-867	244	3	a	a	DET
aijbe-867	244	4	dependence	dependence	NOUN
aijbe-867	244	5	on	on	ADP
aijbe-867	244	6	the	the	DET
aijbe-867	244	7	observations	observation	NOUN
aijbe-867	244	8	of	of	ADP
aijbe-867	244	9	the	the	DET
aijbe-867	244	10	immediate	immediate	ADJ
aijbe-867	244	11	past	past	NOUN
aijbe-867	244	12	,	,	PUNCT
aijbe-867	244	13	and	and	CCONJ
aijbe-867	244	14	autoregressive	autoregressive	ADJ
aijbe-867	244	15	describes	describe	VERB
aijbe-867	244	16	a	a	DET
aijbe-867	244	17	feedback	feedback	NOUN
aijbe-867	244	18	mechanism	mechanism	NOUN
aijbe-867	244	19	that	that	PRON
aijbe-867	244	20	incorporates	incorporate	VERB
aijbe-867	244	21	past	past	ADJ
aijbe-867	244	22	observations	observation	NOUN
aijbe-867	244	23	into	into	ADP
aijbe-867	244	24	the	the	DET
aijbe-867	244	25	present	present	NOUN
aijbe-867	244	26	.	.	PUNCT
aijbe-867	245	1	garch	garch	NOUN
aijbe-867	245	2	then	then	ADV
aijbe-867	245	3	is	be	AUX
aijbe-867	245	4	a	a	DET
aijbe-867	245	5	mechanism	mechanism	NOUN
aijbe-867	245	6	that	that	PRON
aijbe-867	245	7	includes	include	VERB
aijbe-867	245	8	past	past	ADJ
aijbe-867	245	9	variances	variance	NOUN
aijbe-867	245	10	in	in	ADP
aijbe-867	245	11	the	the	DET
aijbe-867	245	12	explanation	explanation	NOUN
aijbe-867	245	13	of	of	ADP
aijbe-867	245	14	future	future	ADJ
aijbe-867	245	15	variances	variance	NOUN
aijbe-867	245	16	.	.	PUNCT
aijbe-867	246	1	more	more	ADV
aijbe-867	246	2	specifically	specifically	ADV
aijbe-867	246	3	,	,	PUNCT
aijbe-867	246	4	garch	garch	NOUN
aijbe-867	246	5	is	be	AUX
aijbe-867	246	6	a	a	DET
aijbe-867	246	7	time	time	NOUN
aijbe-867	246	8	series	series	NOUN
aijbe-867	246	9	modelling	modelling	NOUN
aijbe-867	246	10	technique	technique	NOUN
aijbe-867	246	11	that	that	PRON
aijbe-867	246	12	uses	use	VERB
aijbe-867	246	13	past	past	ADJ
aijbe-867	246	14	variances	variance	NOUN
aijbe-867	246	15	and	and	CCONJ
aijbe-867	246	16	past	past	ADJ
aijbe-867	246	17	variance	variance	NOUN
aijbe-867	246	18	forecasts	forecast	NOUN
aijbe-867	246	19	to	to	PART
aijbe-867	246	20	forecast	forecast	VERB
aijbe-867	246	21	future	future	ADJ
aijbe-867	246	22	variances	variance	NOUN
aijbe-867	246	23	.	.	PUNCT
aijbe-867	247	1	the	the	DET
aijbe-867	247	2	principal	principal	ADJ
aijbe-867	247	3	method	method	NOUN
aijbe-867	247	4	employed	employ	VERB
aijbe-867	247	5	to	to	PART
aijbe-867	247	6	analyse	analyse	VERB
aijbe-867	247	7	the	the	DET
aijbe-867	247	8	time	time	NOUN
aijbe-867	247	9	series	series	PROPN
aijbe-867	247	10	behaviour	behaviour	NOUN
aijbe-867	247	11	of	of	ADP
aijbe-867	247	12	the	the	DET
aijbe-867	247	13	data	datum	NOUN
aijbe-867	247	14	involves	involve	VERB
aijbe-867	247	15	unit	unit	NOUN
aijbe-867	247	16	root	root	PROPN
aijbe-867	247	17	test	test	NOUN
aijbe-867	247	18	,	,	PUNCT
aijbe-867	247	19	co	co	NOUN
aijbe-867	247	20	-	-	NOUN
aijbe-867	247	21	integration	integration	NOUN
aijbe-867	247	22	test	test	NOUN
aijbe-867	247	23	,	,	PUNCT
aijbe-867	247	24	normality	normality	NOUN
aijbe-867	247	25	test	test	NOUN
aijbe-867	247	26	,	,	PUNCT
aijbe-867	247	27	heteroskedasticity	heteroskedasticity	NOUN
aijbe-867	247	28	,	,	PUNCT
aijbe-867	247	29	and	and	CCONJ
aijbe-867	247	30	the	the	DET
aijbe-867	247	31	estimation	estimation	NOUN
aijbe-867	247	32	of	of	ADP
aijbe-867	247	33	an	an	DET
aijbe-867	247	34	error	error	NOUN
aijbe-867	247	35	correction	correction	NOUN
aijbe-867	247	36	model	model	NOUN
aijbe-867	247	37	(	(	PUNCT
aijbe-867	247	38	ecm	ecm	PROPN
aijbe-867	247	39	)	)	PUNCT
aijbe-867	247	40	.	.	PUNCT
aijbe-867	248	1	specifically	specifically	ADV
aijbe-867	248	2	,	,	PUNCT
aijbe-867	248	3	we	we	PRON
aijbe-867	248	4	employ	employ	VERB
aijbe-867	248	5	unit	unit	NOUN
aijbe-867	248	6	root	root	NOUN
aijbe-867	248	7	test	test	NOUN
aijbe-867	248	8	to	to	PART
aijbe-867	248	9	detect	detect	VERB
aijbe-867	248	10	the	the	DET
aijbe-867	248	11	order	order	NOUN
aijbe-867	248	12	of	of	ADP
aijbe-867	248	13	integration	integration	NOUN
aijbe-867	248	14	of	of	ADP
aijbe-867	248	15	the	the	DET
aijbe-867	248	16	variables	variable	NOUN
aijbe-867	248	17	using	use	VERB
aijbe-867	248	18	the	the	DET
aijbe-867	248	19	dickey	dickey	PROPN
aijbe-867	248	20	fuller	full	ADJ
aijbe-867	248	21	and	and	CCONJ
aijbe-867	248	22	augmented	augment	VERB
aijbe-867	248	23	dickey	dickey	PROPN
aijbe-867	248	24	fuller	full	ADJ
aijbe-867	248	25	(	(	PUNCT
aijbe-867	248	26	adf	adf	NOUN
aijbe-867	248	27	)	)	PUNCT
aijbe-867	248	28	test	test	NOUN
aijbe-867	248	29	by	by	ADP
aijbe-867	248	30	dickey	dickey	PROPN
aijbe-867	248	31	and	and	CCONJ
aijbe-867	248	32	fuller	full	ADJ
aijbe-867	248	33	(	(	PUNCT
aijbe-867	248	34	1979	1979	NUM
aijbe-867	248	35	)	)	PUNCT
aijbe-867	248	36	the	the	DET
aijbe-867	248	37	unit	unit	NOUN
aijbe-867	248	38	root	root	NOUN
aijbe-867	248	39	test	test	NOUN
aijbe-867	248	40	is	be	AUX
aijbe-867	248	41	necessary	necessary	ADJ
aijbe-867	248	42	because	because	SCONJ
aijbe-867	248	43	research	research	NOUN
aijbe-867	248	44	has	have	AUX
aijbe-867	248	45	shown	show	VERB
aijbe-867	248	46	that	that	SCONJ
aijbe-867	248	47	non	non	ADJ
aijbe-867	248	48	-	-	ADJ
aijbe-867	248	49	stationary	stationary	ADJ
aijbe-867	248	50	data	datum	NOUN
aijbe-867	248	51	leads	lead	VERB
aijbe-867	248	52	to	to	ADP
aijbe-867	248	53	spurious	spurious	ADJ
aijbe-867	248	54	regression	regression	NOUN
aijbe-867	248	55	.	.	PUNCT
aijbe-867	249	1	we	we	PRON
aijbe-867	249	2	employ	employ	VERB
aijbe-867	249	3	cointegration	cointegration	NOUN
aijbe-867	249	4	test	test	NOUN
aijbe-867	249	5	to	to	PART
aijbe-867	249	6	examine	examine	VERB
aijbe-867	249	7	whether	whether	SCONJ
aijbe-867	249	8	there	there	PRON
aijbe-867	249	9	is	be	VERB
aijbe-867	249	10	long	long	ADV
aijbe-867	249	11	-	-	PUNCT
aijbe-867	249	12	run	run	VERB
aijbe-867	249	13	co	co	NOUN
aijbe-867	249	14	-	-	NOUN
aijbe-867	249	15	movement	movement	NOUN
aijbe-867	249	16	in	in	ADP
aijbe-867	249	17	the	the	DET
aijbe-867	249	18	variable	variable	NOUN
aijbe-867	249	19	using	use	VERB
aijbe-867	249	20	the	the	DET
aijbe-867	249	21	engle	engle	NOUN
aijbe-867	249	22	and	and	CCONJ
aijbe-867	249	23	granger	granger	PROPN
aijbe-867	249	24	two	two	NUM
aijbe-867	249	25	stage	stage	NOUN
aijbe-867	249	26	technique	technique	NOUN
aijbe-867	249	27	.	.	PUNCT
aijbe-867	250	1	the	the	DET
aijbe-867	250	2	ecm	ecm	PROPN
aijbe-867	250	3	measures	measure	VERB
aijbe-867	250	4	the	the	DET
aijbe-867	250	5	short	short	ADJ
aijbe-867	250	6	run	run	ADJ
aijbe-867	250	7	dynamic	dynamic	ADJ
aijbe-867	250	8	adjustments	adjustment	NOUN
aijbe-867	250	9	towards	towards	ADP
aijbe-867	250	10	long	long	ADJ
aijbe-867	250	11	run	run	NOUN
aijbe-867	250	12	equilibrium	equilibrium	NOUN
aijbe-867	250	13	.	.	PUNCT
aijbe-867	251	1	we	we	PRON
aijbe-867	251	2	commence	commence	VERB
aijbe-867	251	3	by	by	ADP
aijbe-867	251	4	testing	test	VERB
aijbe-867	251	5	for	for	ADP
aijbe-867	251	6	unit	unit	NOUN
aijbe-867	251	7	root	root	NOUN
aijbe-867	251	8	in	in	ADP
aijbe-867	251	9	the	the	DET
aijbe-867	251	10	data	datum	NOUN
aijbe-867	251	11	.	.	PUNCT
aijbe-867	252	1	the	the	DET
aijbe-867	252	2	first	first	ADJ
aijbe-867	252	3	step	step	NOUN
aijbe-867	252	4	is	be	AUX
aijbe-867	252	5	to	to	PART
aijbe-867	252	6	determine	determine	VERB
aijbe-867	252	7	the	the	DET
aijbe-867	252	8	order	order	NOUN
aijbe-867	252	9	of	of	ADP
aijbe-867	252	10	integration	integration	NOUN
aijbe-867	252	11	of	of	ADP
aijbe-867	252	12	the	the	DET
aijbe-867	252	13	variables	variable	NOUN
aijbe-867	252	14	before	before	ADP
aijbe-867	252	15	testing	test	VERB
aijbe-867	252	16	for	for	ADP
aijbe-867	252	17	co	co	NOUN
aijbe-867	252	18	-	-	NOUN
aijbe-867	252	19	integration	integration	NOUN
aijbe-867	252	20	.	.	PUNCT
aijbe-867	253	1	3.2.1	3.2.1	NUM
aijbe-867	253	2	model	model	NOUN
aijbe-867	253	3	specification	specification	NOUN
aijbe-867	253	4	to	to	PART
aijbe-867	253	5	examine	examine	VERB
aijbe-867	253	6	the	the	DET
aijbe-867	253	7	impact	impact	NOUN
aijbe-867	253	8	of	of	ADP
aijbe-867	253	9	macroeconomic	macroeconomic	ADJ
aijbe-867	253	10	variables	variable	NOUN
aijbe-867	253	11	on	on	ADP
aijbe-867	253	12	stock	stock	NOUN
aijbe-867	253	13	return	return	NOUN
aijbe-867	253	14	in	in	ADP
aijbe-867	253	15	nigeria	nigeria	PROPN
aijbe-867	253	16	,	,	PUNCT
aijbe-867	253	17	a	a	DET
aijbe-867	253	18	model	model	NOUN
aijbe-867	253	19	anchored	anchor	VERB
aijbe-867	253	20	on	on	ADP
aijbe-867	253	21	the	the	DET
aijbe-867	253	22	theory	theory	NOUN
aijbe-867	253	23	as	as	SCONJ
aijbe-867	253	24	used	use	VERB
aijbe-867	253	25	by	by	ADP
aijbe-867	253	26	ray	ray	NOUN
aijbe-867	253	27	,	,	PUNCT
aijbe-867	253	28	(	(	PUNCT
aijbe-867	253	29	2012	2012	NUM
aijbe-867	253	30	)	)	PUNCT
aijbe-867	253	31	is	be	AUX
aijbe-867	253	32	adapted	adapt	VERB
aijbe-867	253	33	as	as	SCONJ
aijbe-867	253	34	follows	follow	VERB
aijbe-867	253	35	.	.	PUNCT
aijbe-867	254	1	𝐴𝑆𝐼	𝐴𝑆𝐼	PROPN
aijbe-867	254	2	=	=	SYM
aijbe-867	254	3	𝑓(𝐶𝑃𝐼	𝑓(𝐶𝑃𝐼	PROPN
aijbe-867	254	4	,	,	PUNCT
aijbe-867	254	5	𝐼𝑃	𝐼𝑃	PROPN
aijbe-867	254	6	,	,	PUNCT
aijbe-867	254	7	𝑀𝑆	𝑀𝑆	PROPN
aijbe-867	254	8	,	,	PUNCT
aijbe-867	254	9	𝐸𝑋𝐶𝐻	𝐸𝑋𝐶𝐻	PROPN
aijbe-867	254	10	)	)	PUNCT
aijbe-867	254	11	3.1	3.1	NUM
aijbe-867	254	12	where	where	SCONJ
aijbe-867	254	13	asi	asi	NOUN
aijbe-867	254	14	represents	represent	VERB
aijbe-867	254	15	stock	stock	NOUN
aijbe-867	254	16	market	market	NOUN
aijbe-867	254	17	performance	performance	NOUN
aijbe-867	254	18	,	,	PUNCT
aijbe-867	254	19	cpi	cpi	PROPN
aijbe-867	254	20	represents	represent	VERB
aijbe-867	254	21	consumer	consumer	NOUN
aijbe-867	254	22	price	price	NOUN
aijbe-867	254	23	index	index	NOUN
aijbe-867	254	24	,	,	PUNCT
aijbe-867	254	25	ip	ip	PROPN
aijbe-867	254	26	represents	represent	VERB
aijbe-867	254	27	industrial	industrial	ADJ
aijbe-867	254	28	production	production	NOUN
aijbe-867	254	29	,	,	PUNCT
aijbe-867	254	30	ms	ms	PROPN
aijbe-867	254	31	represents	represent	VERB
aijbe-867	254	32	money	money	NOUN
aijbe-867	254	33	supply	supply	NOUN
aijbe-867	254	34	and	and	CCONJ
aijbe-867	254	35	exch	exch	PROPN
aijbe-867	254	36	represents	represent	VERB
aijbe-867	254	37	exchange	exchange	NOUN
aijbe-867	254	38	rate	rate	NOUN
aijbe-867	254	39	while	while	SCONJ
aijbe-867	254	40	f	f	PROPN
aijbe-867	254	41	represents	represent	VERB
aijbe-867	254	42	the	the	DET
aijbe-867	254	43	functional	functional	ADJ
aijbe-867	254	44	relationship	relationship	NOUN
aijbe-867	254	45	.	.	PUNCT
aijbe-867	255	1	however	however	ADV
aijbe-867	255	2	,	,	PUNCT
aijbe-867	255	3	the	the	DET
aijbe-867	255	4	model	model	NOUN
aijbe-867	255	5	is	be	AUX
aijbe-867	255	6	modified	modify	VERB
aijbe-867	255	7	to	to	PART
aijbe-867	255	8	intr	intr	VERB
aijbe-867	255	9	,	,	PUNCT
aijbe-867	255	10	infl	infl	PROPN
aijbe-867	255	11	,	,	PUNCT
aijbe-867	255	12	oilp	oilp	ADJ
aijbe-867	255	13	,	,	PUNCT
aijbe-867	255	14	and	and	CCONJ
aijbe-867	255	15	inv	inv	VERB
aijbe-867	255	16	as	as	ADP
aijbe-867	255	17	in	in	ADP
aijbe-867	255	18	equation	equation	NOUN
aijbe-867	255	19	3.2	3.2	NUM
aijbe-867	255	20	.	.	PUNCT
aijbe-867	256	1	𝐴𝑆𝐼	𝐴𝑆𝐼	PROPN
aijbe-867	256	2	=	=	SYM
aijbe-867	256	3	𝑓(𝐸𝑋𝐶𝐻	𝑓(𝐸𝑋𝐶𝐻	PROPN
aijbe-867	256	4	,	,	PUNCT
aijbe-867	256	5	𝐼𝑁𝑇𝑅	𝐼𝑁𝑇𝑅	NOUN
aijbe-867	256	6	,	,	PUNCT
aijbe-867	256	7	𝐼𝑁𝐹𝐿	𝐼𝑁𝐹𝐿	PROPN
aijbe-867	256	8	,	,	PUNCT
aijbe-867	256	9	𝑂𝐼𝐿𝑃	𝑂𝐼𝐿𝑃	PROPN
aijbe-867	256	10	,	,	PUNCT
aijbe-867	256	11	𝑅𝐺𝐷𝑃	𝑅𝐺𝐷𝑃	PROPN
aijbe-867	256	12	)	)	PUNCT
aijbe-867	256	13	3.2	3.2	NUM
aijbe-867	256	14	the	the	DET
aijbe-867	256	15	reason	reason	NOUN
aijbe-867	256	16	for	for	ADP
aijbe-867	256	17	the	the	DET
aijbe-867	256	18	inclusion	inclusion	NOUN
aijbe-867	256	19	of	of	ADP
aijbe-867	256	20	oil	oil	NOUN
aijbe-867	256	21	price	price	NOUN
aijbe-867	256	22	as	as	ADP
aijbe-867	256	23	one	one	NUM
aijbe-867	256	24	of	of	ADP
aijbe-867	256	25	the	the	DET
aijbe-867	256	26	explanatory	explanatory	ADJ
aijbe-867	256	27	variables	variable	NOUN
aijbe-867	256	28	and	and	CCONJ
aijbe-867	256	29	variable	variable	NOUN
aijbe-867	256	30	of	of	ADP
aijbe-867	256	31	interest	interest	NOUN
aijbe-867	256	32	is	be	AUX
aijbe-867	256	33	that	that	PRON
aijbe-867	256	34	.	.	PUNCT
aijbe-867	257	1	it	it	PRON
aijbe-867	257	2	is	be	AUX
aijbe-867	257	3	said	say	VERB
aijbe-867	257	4	that	that	PRON
aijbe-867	257	5	increase	increase	NOUN
aijbe-867	257	6	in	in	ADP
aijbe-867	257	7	oil	oil	NOUN
aijbe-867	257	8	price	price	NOUN
aijbe-867	257	9	led	lead	VERB
aijbe-867	257	10	to	to	ADP
aijbe-867	257	11	an	an	DET
aijbe-867	257	12	appreciation	appreciation	NOUN
aijbe-867	257	13	of	of	ADP
aijbe-867	257	14	the	the	DET
aijbe-867	257	15	naira	naira	PROPN
aijbe-867	257	16	as	as	SCONJ
aijbe-867	257	17	more	more	ADJ
aijbe-867	257	18	foreign	foreign	ADJ
aijbe-867	257	19	currencies	currency	NOUN
aijbe-867	257	20	are	be	AUX
aijbe-867	257	21	generated	generate	VERB
aijbe-867	257	22	through	through	ADP
aijbe-867	257	23	https://www.investopedia.com/terms/v/volatility.asp	https://www.investopedia.com/terms/v/volatility.asp	PROPN
aijbe-867	257	24	https://www.investopedia.com/terms/v/volatility.asp	https://www.investopedia.com/terms/v/volatility.asp	PROPN
aijbe-867	257	25	ikemenogo	ikemenogo	PROPN
aijbe-867	257	26	,	,	PUNCT
aijbe-867	257	27	eze	eze	PROPN
aijbe-867	257	28	solomon	solomon	PROPN
aijbe-867	257	29	(	(	PUNCT
aijbe-867	257	30	2024	2024	NUM
aijbe-867	257	31	)	)	PUNCT
aijbe-867	257	32	american	american	ADJ
aijbe-867	257	33	interdisciplinary	interdisciplinary	ADJ
aijbe-867	257	34	journal	journal	NOUN
aijbe-867	257	35	of	of	ADP
aijbe-867	257	36	business	business	NOUN
aijbe-867	257	37	and	and	CCONJ
aijbe-867	257	38	economics	economic	NOUN
aijbe-867	257	39	|	|	ADV
aijbe-867	257	40	45	45	NUM
aijbe-867	257	41	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	VERB
aijbe-867	257	42	improved	improve	VERB
aijbe-867	257	43	oil	oil	NOUN
aijbe-867	257	44	revenue	revenue	NOUN
aijbe-867	257	45	as	as	ADP
aijbe-867	257	46	further	far	ADV
aijbe-867	257	47	shown	show	VERB
aijbe-867	257	48	by	by	ADP
aijbe-867	257	49	growth	growth	NOUN
aijbe-867	257	50	in	in	ADP
aijbe-867	257	51	value	value	NOUN
aijbe-867	257	52	of	of	ADP
aijbe-867	257	53	oil	oil	NOUN
aijbe-867	257	54	export	export	NOUN
aijbe-867	257	55	as	as	ADP
aijbe-867	257	56	a	a	DET
aijbe-867	257	57	percentage	percentage	NOUN
aijbe-867	257	58	of	of	ADP
aijbe-867	257	59	total	total	ADJ
aijbe-867	257	60	export	export	NOUN
aijbe-867	257	61	.	.	PUNCT
aijbe-867	258	1	however	however	ADV
aijbe-867	258	2	,	,	PUNCT
aijbe-867	258	3	contrary	contrary	ADV
aijbe-867	258	4	to	to	ADP
aijbe-867	258	5	expectation	expectation	NOUN
aijbe-867	258	6	nigeria	nigeria	PRON
aijbe-867	258	7	,	,	PUNCT
aijbe-867	258	8	an	an	DET
aijbe-867	258	9	oil	oil	NOUN
aijbe-867	258	10	exporting	export	VERB
aijbe-867	258	11	country	country	NOUN
aijbe-867	258	12	still	still	ADV
aijbe-867	258	13	experiences	experience	VERB
aijbe-867	258	14	the	the	DET
aijbe-867	258	15	golden	golden	ADJ
aijbe-867	258	16	rule“oil	rule“oil	PROPN
aijbe-867	258	17	up	up	ADP
aijbe-867	258	18	,	,	PUNCT
aijbe-867	258	19	stock	stock	NOUN
aijbe-867	258	20	down	down	ADP
aijbe-867	258	21	”	"	PUNCT
aijbe-867	258	22	which	which	PRON
aijbe-867	258	23	should	should	AUX
aijbe-867	258	24	be	be	AUX
aijbe-867	258	25	applicable	applicable	ADJ
aijbe-867	258	26	to	to	ADP
aijbe-867	258	27	oil	oil	NOUN
aijbe-867	258	28	importing	import	VERB
aijbe-867	258	29	countries	country	NOUN
aijbe-867	258	30	.	.	PUNCT
aijbe-867	259	1	this	this	PRON
aijbe-867	259	2	may	may	AUX
aijbe-867	259	3	be	be	AUX
aijbe-867	259	4	an	an	DET
aijbe-867	259	5	indication	indication	NOUN
aijbe-867	259	6	the	the	DET
aijbe-867	259	7	country	country	NOUN
aijbe-867	259	8	’s	’s	PART
aijbe-867	259	9	failure	failure	NOUN
aijbe-867	259	10	to	to	PART
aijbe-867	259	11	translate	translate	VERB
aijbe-867	259	12	its	its	PRON
aijbe-867	259	13	huge	huge	ADJ
aijbe-867	259	14	foreign	foreign	ADJ
aijbe-867	259	15	exchange	exchange	NOUN
aijbe-867	259	16	earnings	earning	NOUN
aijbe-867	259	17	from	from	ADP
aijbe-867	259	18	oil	oil	NOUN
aijbe-867	259	19	into	into	ADP
aijbe-867	259	20	an	an	DET
aijbe-867	259	21	improved	improved	ADJ
aijbe-867	259	22	industrial	industrial	ADJ
aijbe-867	259	23	sector	sector	NOUN
aijbe-867	259	24	productivity	productivity	NOUN
aijbe-867	259	25	.	.	PUNCT
aijbe-867	260	1	it	it	PRON
aijbe-867	260	2	also	also	ADV
aijbe-867	260	3	an	an	DET
aijbe-867	260	4	indirect	indirect	ADJ
aijbe-867	260	5	manifestation	manifestation	NOUN
aijbe-867	260	6	of	of	ADP
aijbe-867	260	7	the	the	DET
aijbe-867	260	8	deleterious	deleterious	ADJ
aijbe-867	260	9	effect	effect	NOUN
aijbe-867	260	10	of	of	ADP
aijbe-867	260	11	huge	huge	ADJ
aijbe-867	260	12	annual	annual	ADJ
aijbe-867	260	13	foreign	foreign	ADJ
aijbe-867	260	14	exchange	exchange	NOUN
aijbe-867	260	15	expenditure	expenditure	NOUN
aijbe-867	260	16	on	on	ADP
aijbe-867	260	17	importation	importation	NOUN
aijbe-867	260	18	of	of	ADP
aijbe-867	260	19	petrol	petrol	NOUN
aijbe-867	260	20	/	/	SYM
aijbe-867	260	21	diesel	diesel	NOUN
aijbe-867	260	22	for	for	ADP
aijbe-867	260	23	energy	energy	NOUN
aijbe-867	260	24	supply	supply	NOUN
aijbe-867	260	25	bothering	bother	VERB
aijbe-867	260	26	on	on	ADP
aijbe-867	260	27	the	the	DET
aijbe-867	260	28	inability	inability	NOUN
aijbe-867	260	29	to	to	PART
aijbe-867	260	30	locally	locally	ADV
aijbe-867	260	31	refine	refine	VERB
aijbe-867	260	32	a	a	DET
aijbe-867	260	33	substantial	substantial	ADJ
aijbe-867	260	34	part	part	NOUN
aijbe-867	260	35	of	of	ADP
aijbe-867	260	36	its	its	PRON
aijbe-867	260	37	crude	crude	ADJ
aijbe-867	260	38	oil	oil	NOUN
aijbe-867	260	39	and	and	CCONJ
aijbe-867	260	40	the	the	DET
aijbe-867	260	41	apparent	apparent	ADJ
aijbe-867	260	42	collapse	collapse	NOUN
aijbe-867	260	43	of	of	ADP
aijbe-867	260	44	power	power	NOUN
aijbe-867	260	45	supply	supply	NOUN
aijbe-867	260	46	by	by	ADP
aijbe-867	260	47	the	the	DET
aijbe-867	260	48	power	power	NOUN
aijbe-867	260	49	holding	hold	VERB
aijbe-867	260	50	company	company	NOUN
aijbe-867	260	51	of	of	ADP
aijbe-867	260	52	nigeria	nigeria	PROPN
aijbe-867	260	53	(	(	PUNCT
aijbe-867	260	54	phcn	phcn	PROPN
aijbe-867	260	55	)	)	PUNCT
aijbe-867	260	56	for	for	ADP
aijbe-867	260	57	domestic	domestic	ADJ
aijbe-867	260	58	and	and	CCONJ
aijbe-867	260	59	industrial	industrial	ADJ
aijbe-867	260	60	use	use	NOUN
aijbe-867	260	61	.	.	PUNCT
aijbe-867	261	1	it	it	PRON
aijbe-867	261	2	is	be	AUX
aijbe-867	261	3	recommended	recommend	VERB
aijbe-867	261	4	that	that	SCONJ
aijbe-867	261	5	the	the	DET
aijbe-867	261	6	most	most	ADV
aijbe-867	261	7	viable	viable	ADJ
aijbe-867	261	8	solution	solution	NOUN
aijbe-867	261	9	towards	towards	ADP
aijbe-867	261	10	improved	improve	VERB
aijbe-867	261	11	economic	economic	ADJ
aijbe-867	261	12	performance	performance	NOUN
aijbe-867	261	13	lies	lie	VERB
aijbe-867	261	14	in	in	ADP
aijbe-867	261	15	refining	refine	VERB
aijbe-867	261	16	the	the	DET
aijbe-867	261	17	nigerian	nigerian	ADJ
aijbe-867	261	18	crude	crude	ADJ
aijbe-867	261	19	oil	oil	NOUN
aijbe-867	261	20	locally	locally	ADV
aijbe-867	261	21	so	so	SCONJ
aijbe-867	261	22	that	that	SCONJ
aijbe-867	261	23	the	the	DET
aijbe-867	261	24	huge	huge	ADJ
aijbe-867	261	25	benefits	benefit	NOUN
aijbe-867	261	26	of	of	ADP
aijbe-867	261	27	the	the	DET
aijbe-867	261	28	naturally	naturally	ADV
aijbe-867	261	29	endowed	endow	VERB
aijbe-867	261	30	oil	oil	NOUN
aijbe-867	261	31	can	can	AUX
aijbe-867	261	32	be	be	AUX
aijbe-867	261	33	fully	fully	ADV
aijbe-867	261	34	realized	realize	VERB
aijbe-867	261	35	rather	rather	ADV
aijbe-867	261	36	than	than	ADP
aijbe-867	261	37	developing	develop	VERB
aijbe-867	261	38	the	the	DET
aijbe-867	261	39	economies	economy	NOUN
aijbe-867	261	40	of	of	ADP
aijbe-867	261	41	other	other	ADJ
aijbe-867	261	42	nations	nation	NOUN
aijbe-867	261	43	.	.	PUNCT
aijbe-867	262	1	also	also	ADV
aijbe-867	262	2	,	,	PUNCT
aijbe-867	262	3	the	the	DET
aijbe-867	262	4	inclusion	inclusion	NOUN
aijbe-867	262	5	of	of	ADP
aijbe-867	262	6	investment	investment	NOUN
aijbe-867	262	7	as	as	ADP
aijbe-867	262	8	control	control	NOUN
aijbe-867	262	9	variable	variable	NOUN
aijbe-867	262	10	,	,	PUNCT
aijbe-867	262	11	it	it	PRON
aijbe-867	262	12	is	be	AUX
aijbe-867	262	13	simply	simply	ADV
aijbe-867	262	14	because	because	SCONJ
aijbe-867	262	15	there	there	PRON
aijbe-867	262	16	is	be	VERB
aijbe-867	262	17	a	a	DET
aijbe-867	262	18	close	close	ADJ
aijbe-867	262	19	relation	relation	NOUN
aijbe-867	262	20	between	between	ADP
aijbe-867	262	21	the	the	DET
aijbe-867	262	22	stock	stock	NOUN
aijbe-867	262	23	market	market	NOUN
aijbe-867	262	24	and	and	CCONJ
aijbe-867	262	25	investment	investment	NOUN
aijbe-867	262	26	.	.	PUNCT
aijbe-867	263	1	that	that	PRON
aijbe-867	263	2	is	be	AUX
aijbe-867	263	3	fluctuations	fluctuation	NOUN
aijbe-867	263	4	in	in	ADP
aijbe-867	263	5	the	the	DET
aijbe-867	263	6	stock	stock	NOUN
aijbe-867	263	7	market	market	NOUN
aijbe-867	263	8	can	can	AUX
aijbe-867	263	9	affect	affect	VERB
aijbe-867	263	10	investment	investment	NOUN
aijbe-867	263	11	of	of	ADP
aijbe-867	263	12	firms	firm	NOUN
aijbe-867	263	13	.	.	PUNCT
aijbe-867	264	1	the	the	DET
aijbe-867	264	2	relationship	relationship	NOUN
aijbe-867	264	3	between	between	ADP
aijbe-867	264	4	stock	stock	NOUN
aijbe-867	264	5	market	market	NOUN
aijbe-867	264	6	prices	price	NOUN
aijbe-867	264	7	and	and	CCONJ
aijbe-867	264	8	firms	firm	NOUN
aijbe-867	264	9	’	'	PUNCT
aijbe-867	264	10	investment	investment	NOUN
aijbe-867	264	11	in	in	ADP
aijbe-867	264	12	physical	physical	ADJ
aijbe-867	264	13	capital	capital	NOUN
aijbe-867	264	14	is	be	AUX
aijbe-867	264	15	captured	capture	VERB
aijbe-867	264	16	by	by	ADP
aijbe-867	264	17	the	the	DET
aijbe-867	264	18	“	"	PUNCT
aijbe-867	264	19	q	q	ADJ
aijbe-867	264	20	theory	theory	NOUN
aijbe-867	264	21	of	of	ADP
aijbe-867	264	22	investment	investment	NOUN
aijbe-867	264	23	”	"	PUNCT
aijbe-867	264	24	,	,	PUNCT
aijbe-867	264	25	developed	develop	VERB
aijbe-867	264	26	by	by	ADP
aijbe-867	264	27	james	james	PROPN
aijbe-867	264	28	tobin	tobin	PROPN
aijbe-867	264	29	(	(	PUNCT
aijbe-867	264	30	1969	1969	NUM
aijbe-867	264	31	)	)	PUNCT
aijbe-867	264	32	.	.	PUNCT
aijbe-867	265	1	that	that	PRON
aijbe-867	265	2	is	is	ADV
aijbe-867	265	3	,	,	PUNCT
aijbe-867	265	4	an	an	DET
aijbe-867	265	5	increase	increase	NOUN
aijbe-867	265	6	in	in	ADP
aijbe-867	265	7	the	the	DET
aijbe-867	265	8	prospective	prospective	ADJ
aijbe-867	265	9	return	return	NOUN
aijbe-867	265	10	on	on	ADP
aijbe-867	265	11	capital	capital	NOUN
aijbe-867	265	12	or	or	CCONJ
aijbe-867	265	13	a	a	DET
aijbe-867	265	14	decrease	decrease	NOUN
aijbe-867	265	15	in	in	ADP
aijbe-867	265	16	the	the	DET
aijbe-867	265	17	market	market	NOUN
aijbe-867	265	18	’s	’s	PART
aijbe-867	265	19	discount	discount	NOUN
aijbe-867	265	20	rate	rate	NOUN
aijbe-867	265	21	raises	raise	VERB
aijbe-867	265	22	q	q	X
aijbe-867	265	23	and	and	CCONJ
aijbe-867	265	24	thereby	thereby	ADV
aijbe-867	265	25	increases	increase	VERB
aijbe-867	265	26	investment	investment	NOUN
aijbe-867	265	27	.	.	PUNCT
aijbe-867	266	1	with	with	ADP
aijbe-867	266	2	a	a	DET
aijbe-867	266	3	simple	simple	ADJ
aijbe-867	266	4	form	form	NOUN
aijbe-867	266	5	of	of	ADP
aijbe-867	266	6	adjustment	adjustment	NOUN
aijbe-867	266	7	cost	cost	NOUN
aijbe-867	266	8	for	for	ADP
aijbe-867	266	9	changing	change	VERB
aijbe-867	266	10	the	the	DET
aijbe-867	266	11	capital	capital	NOUN
aijbe-867	266	12	stock	stock	NOUN
aijbe-867	266	13	,	,	PUNCT
aijbe-867	266	14	the	the	DET
aijbe-867	266	15	optimal	optimal	ADJ
aijbe-867	266	16	amount	amount	NOUN
aijbe-867	266	17	of	of	ADP
aijbe-867	266	18	current	current	ADJ
aijbe-867	266	19	investment	investment	NOUN
aijbe-867	266	20	depends	depend	VERB
aijbe-867	266	21	only	only	ADV
aijbe-867	266	22	on	on	ADP
aijbe-867	266	23	the	the	DET
aijbe-867	266	24	current	current	ADJ
aijbe-867	266	25	value	value	NOUN
aijbe-867	266	26	of	of	ADP
aijbe-867	266	27	q.	q.	NOUN
aijbe-867	266	28	definition	definition	NOUN
aijbe-867	266	29	of	of	ADP
aijbe-867	266	30	variables	variable	NOUN
aijbe-867	266	31	the	the	DET
aijbe-867	266	32	variables	variable	NOUN
aijbe-867	266	33	used	use	VERB
aijbe-867	266	34	in	in	ADP
aijbe-867	266	35	the	the	DET
aijbe-867	266	36	model	model	NOUN
aijbe-867	266	37	are	be	AUX
aijbe-867	266	38	defined	define	VERB
aijbe-867	266	39	below	below	ADP
aijbe-867	266	40	:	:	PUNCT
aijbe-867	266	41	i.	i.	PROPN
aijbe-867	266	42	dependent	dependent	ADJ
aijbe-867	266	43	variable	variable	PROPN
aijbe-867	266	44	asi	asi	NOUN
aijbe-867	266	45	=	=	PUNCT
aijbe-867	266	46	all	all	DET
aijbe-867	266	47	shares	share	NOUN
aijbe-867	266	48	index	index	PROPN
aijbe-867	266	49	ii	ii	PROPN
aijbe-867	266	50	.	.	PUNCT
aijbe-867	267	1	independent	independent	ADJ
aijbe-867	267	2	variables	variable	NOUN
aijbe-867	267	3	:	:	PUNCT
aijbe-867	267	4	exch	exch	PROPN
aijbe-867	267	5	=	=	PROPN
aijbe-867	267	6	exchange	exchange	NOUN
aijbe-867	267	7	rate	rate	NOUN
aijbe-867	267	8	,	,	PUNCT
aijbe-867	267	9	intr	intr	NOUN
aijbe-867	267	10	=	=	PUNCT
aijbe-867	267	11	interest	interest	NOUN
aijbe-867	267	12	rate	rate	NOUN
aijbe-867	267	13	,	,	PUNCT
aijbe-867	267	14	infl	infl	PROPN
aijbe-867	267	15	=	=	SYM
aijbe-867	267	16	inflation	inflation	NOUN
aijbe-867	267	17	,	,	PUNCT
aijbe-867	267	18	oilp	oilp	ADJ
aijbe-867	267	19	=	=	VERB
aijbe-867	267	20	oil	oil	NOUN
aijbe-867	267	21	price	price	NOUN
aijbe-867	267	22	,	,	PUNCT
aijbe-867	267	23	rgdp	rgdp	NOUN
aijbe-867	267	24	=	=	SYM
aijbe-867	267	25	real	real	ADJ
aijbe-867	267	26	gdp	gdp	NOUN
aijbe-867	267	27	expressing	express	VERB
aijbe-867	267	28	equation	equation	NOUN
aijbe-867	267	29	3.2	3.2	NUM
aijbe-867	267	30	in	in	ADP
aijbe-867	267	31	linear	linear	ADJ
aijbe-867	267	32	form	form	NOUN
aijbe-867	267	33	yields	yield	VERB
aijbe-867	267	34	equation	equation	NOUN
aijbe-867	267	35	3.3	3.3	NUM
aijbe-867	267	36	.	.	PUNCT
aijbe-867	268	1	𝐴𝑆𝐼	𝐴𝑆𝐼	PROPN
aijbe-867	268	2	=	=	SYM
aijbe-867	268	3	𝛽0	𝛽0	PROPN
aijbe-867	268	4	+	+	CCONJ
aijbe-867	268	5	𝛽1(𝐸𝑋𝐶𝐻)1	𝛽1(𝐸𝑋𝐶𝐻)1	PROPN
aijbe-867	268	6	+	+	PROPN
aijbe-867	268	7	𝛽2(𝐼𝑁𝑇𝑅)2	𝛽2(𝐼𝑁𝑇𝑅)2	PROPN
aijbe-867	268	8	+	+	CCONJ
aijbe-867	268	9	𝛽3(𝐼𝑁𝐹𝐿)3	𝛽3(𝐼𝑁𝐹𝐿)3	PROPN
aijbe-867	268	10	+	+	CCONJ
aijbe-867	268	11	𝛽4(𝑂𝐼𝐿𝑃)4	𝛽4(𝑂𝐼𝐿𝑃)4	PROPN
aijbe-867	268	12	+	+	SYM
aijbe-867	268	13	𝛽5(𝑅𝐺𝐷𝑃)5	𝛽5(𝑅𝐺𝐷𝑃)5	ADP
aijbe-867	268	14	3.3	3.3	NUM
aijbe-867	268	15	where	where	SCONJ
aijbe-867	268	16	β0	β0	NOUN
aijbe-867	268	17	=	=	SYM
aijbe-867	268	18	constant	constant	ADJ
aijbe-867	268	19	,	,	PUNCT
aijbe-867	268	20	β1	β1	PROPN
aijbe-867	268	21	to	to	ADP
aijbe-867	268	22	β5	β5	NOUN
aijbe-867	268	23	represents	represent	VERB
aijbe-867	268	24	various	various	ADJ
aijbe-867	268	25	slope	slope	NOUN
aijbe-867	268	26	coefficients	coefficient	NOUN
aijbe-867	268	27	while	while	SCONJ
aijbe-867	268	28	exch	exch	PROPN
aijbe-867	268	29	,	,	PUNCT
aijbe-867	268	30	intr	intr	PROPN
aijbe-867	268	31	,	,	PUNCT
aijbe-867	268	32	infl	infl	PROPN
aijbe-867	268	33	,	,	PUNCT
aijbe-867	268	34	oilp	oilp	ADJ
aijbe-867	268	35	and	and	CCONJ
aijbe-867	268	36	rgdp	rgdp	NOUN
aijbe-867	268	37	remain	remain	VERB
aijbe-867	268	38	as	as	ADV
aijbe-867	268	39	defined	define	VERB
aijbe-867	268	40	above	above	ADV
aijbe-867	268	41	.	.	PUNCT
aijbe-867	269	1	putting	put	VERB
aijbe-867	269	2	the	the	DET
aijbe-867	269	3	variables	variable	NOUN
aijbe-867	269	4	in	in	ADP
aijbe-867	269	5	the	the	DET
aijbe-867	269	6	sane	sane	ADJ
aijbe-867	269	7	scale	scale	NOUN
aijbe-867	269	8	of	of	ADP
aijbe-867	269	9	measurement	measurement	NOUN
aijbe-867	269	10	and	and	CCONJ
aijbe-867	269	11	adding	add	VERB
aijbe-867	269	12	the	the	DET
aijbe-867	269	13	stochastic	stochastic	ADJ
aijbe-867	269	14	disturbance	disturbance	NOUN
aijbe-867	269	15	term	term	NOUN
aijbe-867	269	16	yields	yield	VERB
aijbe-867	269	17	equation	equation	NOUN
aijbe-867	269	18	3.4	3.4	NUM
aijbe-867	269	19	.	.	PUNCT
aijbe-867	270	1	𝐿𝐴𝑆𝐼	𝐿𝐴𝑆𝐼	PROPN
aijbe-867	270	2	=	=	SYM
aijbe-867	270	3	𝛽0	𝛽0	PROPN
aijbe-867	270	4	+	+	CCONJ
aijbe-867	270	5	𝛽1𝐿(𝐸𝑋𝐶𝐻)1	𝛽1𝐿(𝐸𝑋𝐶𝐻)1	PROPN
aijbe-867	270	6	+	+	CCONJ
aijbe-867	270	7	𝛽2𝐿(𝐼𝑁𝑇𝑅)2	𝛽2𝐿(𝐼𝑁𝑇𝑅)2	X
aijbe-867	270	8	+	+	CCONJ
aijbe-867	270	9	𝛽3𝐿(𝐼𝑁𝐹𝐿)3	𝛽3𝐿(𝐼𝑁𝐹𝐿)3	PROPN
aijbe-867	270	10	+	+	CCONJ
aijbe-867	270	11	𝛽4𝐿(𝑂𝐼𝐿𝑃)4	𝛽4𝐿(𝑂𝐼𝐿𝑃)4	PROPN
aijbe-867	270	12	+	+	CCONJ
aijbe-867	270	13	𝛽5𝐿(𝑅𝐺𝐷𝑃)5	𝛽5𝐿(𝑅𝐺𝐷𝑃)5	ADJ
aijbe-867	270	14	+	+	NOUN
aijbe-867	270	15	𝜇	𝜇	ADP
aijbe-867	270	16	3.4	3.4	NUM
aijbe-867	270	17	where	where	SCONJ
aijbe-867	270	18	,	,	PUNCT
aijbe-867	270	19	l	l	PROPN
aijbe-867	270	20	represent	represent	VERB
aijbe-867	270	21	the	the	DET
aijbe-867	270	22	natural	natural	ADJ
aijbe-867	270	23	log	log	NOUN
aijbe-867	270	24	of	of	ADP
aijbe-867	270	25	the	the	DET
aijbe-867	270	26	variables	variable	NOUN
aijbe-867	270	27	.	.	PUNCT
aijbe-867	271	1	this	this	PRON
aijbe-867	271	2	is	be	AUX
aijbe-867	271	3	necessary	necessary	ADJ
aijbe-867	271	4	to	to	PART
aijbe-867	271	5	avoid	avoid	VERB
aijbe-867	271	6	large	large	ADJ
aijbe-867	271	7	fluctuation	fluctuation	NOUN
aijbe-867	271	8	in	in	ADP
aijbe-867	271	9	the	the	DET
aijbe-867	271	10	variables	variable	NOUN
aijbe-867	271	11	.	.	PUNCT
aijbe-867	272	1	all	all	DET
aijbe-867	272	2	other	other	ADJ
aijbe-867	272	3	variables	variable	NOUN
aijbe-867	272	4	remain	remain	VERB
aijbe-867	272	5	as	as	ADP
aijbe-867	272	6	defined	define	VERB
aijbe-867	272	7	above	above	ADV
aijbe-867	272	8	.	.	PUNCT
aijbe-867	273	1	on	on	ADP
aijbe-867	273	2	a	a	DET
aijbe-867	273	3	-	-	PUNCT
aijbe-867	273	4	priori	priori	ADJ
aijbe-867	273	5	β1	β1	PROPN
aijbe-867	273	6	,	,	PUNCT
aijbe-867	273	7	β2	β2	NOUN
aijbe-867	273	8	,	,	PUNCT
aijbe-867	273	9	β3	β3	ADJ
aijbe-867	273	10	,	,	PUNCT
aijbe-867	273	11	β5	β5	NOUN
aijbe-867	273	12	>	>	X
aijbe-867	273	13	0	0	PUNCT
aijbe-867	273	14	and	and	CCONJ
aijbe-867	273	15	β4	β4	PROPN
aijbe-867	273	16	>	>	X
aijbe-867	273	17	or	or	CCONJ
aijbe-867	273	18	<	<	X
aijbe-867	273	19	0	0	NUM
aijbe-867	273	20	exchange	exchange	NOUN
aijbe-867	273	21	rates	rate	NOUN
aijbe-867	273	22	supposed	suppose	VERB
aijbe-867	273	23	to	to	PART
aijbe-867	273	24	have	have	VERB
aijbe-867	273	25	positive	positive	ADJ
aijbe-867	273	26	relationship	relationship	NOUN
aijbe-867	273	27	with	with	ADP
aijbe-867	273	28	stock	stock	NOUN
aijbe-867	273	29	market	market	NOUN
aijbe-867	273	30	:	:	PUNCT
aijbe-867	273	31	due	due	ADP
aijbe-867	273	32	to	to	ADP
aijbe-867	273	33	globalization	globalization	NOUN
aijbe-867	273	34	,	,	PUNCT
aijbe-867	273	35	businesses	business	NOUN
aijbe-867	273	36	are	be	AUX
aijbe-867	273	37	affected	affect	VERB
aijbe-867	273	38	either	either	CCONJ
aijbe-867	273	39	directly	directly	ADV
aijbe-867	273	40	or	or	CCONJ
aijbe-867	273	41	indirectly	indirectly	ADV
aijbe-867	273	42	by	by	ADP
aijbe-867	273	43	international	international	ADJ
aijbe-867	273	44	trade	trade	NOUN
aijbe-867	273	45	activities	activity	NOUN
aijbe-867	273	46	.	.	PUNCT
aijbe-867	274	1	3.2.2	3.2.2	NUM
aijbe-867	274	2	data	datum	NOUN
aijbe-867	274	3	analysis	analysis	NOUN
aijbe-867	274	4	research	research	NOUN
aijbe-867	274	5	has	have	AUX
aijbe-867	274	6	shown	show	VERB
aijbe-867	274	7	that	that	SCONJ
aijbe-867	274	8	most	most	ADJ
aijbe-867	274	9	time	time	NOUN
aijbe-867	274	10	series	series	PROPN
aijbe-867	274	11	data	data	PROPN
aijbe-867	274	12	poses	pose	VERB
aijbe-867	274	13	unit	unit	NOUN
aijbe-867	274	14	root	root	NOUN
aijbe-867	274	15	i.e.	i.e.	X
aijbe-867	274	16	they	they	PRON
aijbe-867	274	17	are	be	AUX
aijbe-867	274	18	not	not	PART
aijbe-867	274	19	stationary	stationary	ADJ
aijbe-867	274	20	.	.	PUNCT
aijbe-867	275	1	thus	thus	ADV
aijbe-867	275	2	,	,	PUNCT
aijbe-867	275	3	research	research	NOUN
aijbe-867	275	4	carried	carry	VERB
aijbe-867	275	5	out	out	ADP
aijbe-867	275	6	with	with	ADP
aijbe-867	275	7	them	they	PRON
aijbe-867	275	8	is	be	AUX
aijbe-867	275	9	likely	likely	ADJ
aijbe-867	275	10	to	to	PART
aijbe-867	275	11	be	be	AUX
aijbe-867	275	12	spurious	spurious	ADJ
aijbe-867	275	13	or	or	CCONJ
aijbe-867	275	14	non	non	ADJ
aijbe-867	275	15	-	-	NOUN
aijbe-867	275	16	sense	sense	NOUN
aijbe-867	275	17	.	.	PUNCT
aijbe-867	276	1	a	a	DET
aijbe-867	276	2	test	test	NOUN
aijbe-867	276	3	of	of	ADP
aijbe-867	276	4	stationarity	stationarity	NOUN
aijbe-867	276	5	in	in	ADP
aijbe-867	276	6	time	time	NOUN
aijbe-867	276	7	series	series	PROPN
aijbe-867	276	8	data	data	PROPN
aijbe-867	276	9	is	be	AUX
aijbe-867	276	10	very	very	ADV
aijbe-867	276	11	important	important	ADJ
aijbe-867	276	12	because	because	SCONJ
aijbe-867	276	13	since	since	SCONJ
aijbe-867	276	14	the	the	DET
aijbe-867	276	15	1970s	1970	NOUN
aijbe-867	276	16	,	,	PUNCT
aijbe-867	276	17	macroeconomic	macroeconomic	ADJ
aijbe-867	276	18	aggregates	aggregate	NOUN
aijbe-867	276	19	in	in	ADP
aijbe-867	276	20	nigeria	nigeria	PROPN
aijbe-867	276	21	have	have	AUX
aijbe-867	276	22	been	be	AUX
aijbe-867	276	23	fluctuating	fluctuate	VERB
aijbe-867	276	24	greatly	greatly	ADV
aijbe-867	276	25	.	.	PUNCT
aijbe-867	277	1	the	the	DET
aijbe-867	277	2	consequence	consequence	NOUN
aijbe-867	277	3	of	of	ADP
aijbe-867	277	4	using	use	VERB
aijbe-867	277	5	non	non	ADJ
aijbe-867	277	6	-	-	NOUN
aijbe-867	277	7	stationarity	stationarity	NOUN
aijbe-867	277	8	is	be	AUX
aijbe-867	277	9	so	so	ADV
aijbe-867	277	10	grave	grave	ADJ
aijbe-867	277	11	that	that	SCONJ
aijbe-867	277	12	well	well	ADV
aijbe-867	277	13	established	establish	VERB
aijbe-867	277	14	models	model	NOUN
aijbe-867	277	15	are	be	AUX
aijbe-867	277	16	breaking	break	VERB
aijbe-867	277	17	down	down	ADP
aijbe-867	277	18	as	as	SCONJ
aijbe-867	277	19	they	they	PRON
aijbe-867	277	20	continuously	continuously	ADV
aijbe-867	277	21	fail	fail	VERB
aijbe-867	277	22	to	to	PART
aijbe-867	277	23	predict	predict	VERB
aijbe-867	277	24	outcomes	outcome	NOUN
aijbe-867	277	25	.	.	PUNCT
aijbe-867	278	1	the	the	DET
aijbe-867	278	2	problem	problem	NOUN
aijbe-867	278	3	according	accord	VERB
aijbe-867	278	4	to	to	ADP
aijbe-867	278	5	granger	granger	PROPN
aijbe-867	278	6	and	and	CCONJ
aijbe-867	278	7	newbold	newbold	PROPN
aijbe-867	278	8	,	,	PUNCT
aijbe-867	278	9	(	(	PUNCT
aijbe-867	278	10	1974	1974	NUM
aijbe-867	278	11	)	)	PUNCT
aijbe-867	278	12	is	be	AUX
aijbe-867	278	13	that	that	SCONJ
aijbe-867	278	14	regression	regression	NOUN
aijbe-867	278	15	results	result	NOUN
aijbe-867	278	16	on	on	ADP
aijbe-867	278	17	nonikemenogo	nonikemenogo	NOUN
aijbe-867	278	18	,	,	PUNCT
aijbe-867	278	19	eze	eze	PROPN
aijbe-867	278	20	solomon	solomon	PROPN
aijbe-867	278	21	(	(	PUNCT
aijbe-867	278	22	2024	2024	NUM
aijbe-867	278	23	)	)	PUNCT
aijbe-867	278	24	american	american	ADJ
aijbe-867	278	25	interdisciplinary	interdisciplinary	ADJ
aijbe-867	278	26	journal	journal	NOUN
aijbe-867	278	27	of	of	ADP
aijbe-867	278	28	business	business	NOUN
aijbe-867	278	29	and	and	CCONJ
aijbe-867	278	30	economics	economic	NOUN
aijbe-867	279	1	|	|	ADV
aijbe-867	279	2	46	46	NUM
aijbe-867	279	3	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	279	4	stationarity	stationarity	NOUN
aijbe-867	279	5	series	series	NOUN
aijbe-867	279	6	may	may	AUX
aijbe-867	279	7	,	,	PUNCT
aijbe-867	279	8	most	most	ADJ
aijbe-867	279	9	times	time	NOUN
aijbe-867	279	10	be	be	AUX
aijbe-867	279	11	“	"	PUNCT
aijbe-867	279	12	spurious	spurious	ADJ
aijbe-867	279	13	or	or	CCONJ
aijbe-867	279	14	nonsensical	nonsensical	ADJ
aijbe-867	279	15	”	"	PUNCT
aijbe-867	279	16	to	to	ADP
aijbe-867	279	17	the	the	DET
aijbe-867	279	18	extent	extent	NOUN
aijbe-867	279	19	that	that	SCONJ
aijbe-867	279	20	a	a	DET
aijbe-867	279	21	relationship	relationship	NOUN
aijbe-867	279	22	would	would	AUX
aijbe-867	279	23	be	be	AUX
aijbe-867	279	24	accepted	accept	VERB
aijbe-867	279	25	as	as	ADP
aijbe-867	279	26	existing	exist	VERB
aijbe-867	279	27	between	between	ADP
aijbe-867	279	28	two	two	NUM
aijbe-867	279	29	variables	variable	NOUN
aijbe-867	279	30	as	as	SCONJ
aijbe-867	279	31	measured	measure	VERB
aijbe-867	279	32	by	by	ADP
aijbe-867	279	33	their	their	PRON
aijbe-867	279	34	co	co	NOUN
aijbe-867	279	35	-	-	ADJ
aijbe-867	279	36	efficient	efficient	ADJ
aijbe-867	279	37	of	of	ADP
aijbe-867	279	38	determination	determination	NOUN
aijbe-867	279	39	when	when	SCONJ
aijbe-867	279	40	in	in	ADP
aijbe-867	279	41	fact	fact	NOUN
aijbe-867	279	42	no	no	DET
aijbe-867	279	43	relationships	relationship	NOUN
aijbe-867	279	44	exist	exist	VERB
aijbe-867	279	45	.	.	PUNCT
aijbe-867	280	1	inference	inference	NOUN
aijbe-867	280	2	from	from	ADP
aijbe-867	280	3	non	non	ADJ
aijbe-867	280	4	—	—	PUNCT
aijbe-867	280	5	stationary	stationary	ADJ
aijbe-867	280	6	time	time	NOUN
aijbe-867	280	7	series	series	PROPN
aijbe-867	280	8	apart	apart	ADV
aijbe-867	280	9	from	from	ADP
aijbe-867	280	10	being	be	AUX
aijbe-867	280	11	spurious	spurious	ADJ
aijbe-867	280	12	,	,	PUNCT
aijbe-867	280	13	violate	violate	VERB
aijbe-867	280	14	the	the	DET
aijbe-867	280	15	classical	classical	ADJ
aijbe-867	280	16	econometric	econometric	ADJ
aijbe-867	280	17	assumption	assumption	NOUN
aijbe-867	280	18	,	,	PUNCT
aijbe-867	280	19	thus	thus	ADV
aijbe-867	280	20	making	make	VERB
aijbe-867	280	21	the	the	DET
aijbe-867	280	22	result	result	NOUN
aijbe-867	280	23	unreliable	unreliable	ADJ
aijbe-867	280	24	for	for	ADP
aijbe-867	280	25	policy	policy	NOUN
aijbe-867	280	26	making	making	NOUN
aijbe-867	280	27	.	.	PUNCT
aijbe-867	281	1	also	also	ADV
aijbe-867	281	2	,	,	PUNCT
aijbe-867	281	3	pre	pre	ADJ
aijbe-867	281	4	-	-	ADJ
aijbe-867	281	5	estimation	estimation	ADJ
aijbe-867	281	6	test	test	NOUN
aijbe-867	281	7	such	such	ADJ
aijbe-867	281	8	as	as	ADP
aijbe-867	281	9	unit	unit	NOUN
aijbe-867	281	10	root	root	NOUN
aijbe-867	281	11	tests	test	NOUN
aijbe-867	281	12	and	and	CCONJ
aijbe-867	281	13	cointegration	cointegration	NOUN
aijbe-867	281	14	test	test	NOUN
aijbe-867	281	15	were	be	AUX
aijbe-867	281	16	carried	carry	VERB
aijbe-867	281	17	out	out	ADP
aijbe-867	281	18	while	while	SCONJ
aijbe-867	281	19	,	,	PUNCT
aijbe-867	281	20	post	post	VERB
aijbe-867	281	21	estimation	estimation	NOUN
aijbe-867	281	22	tests	test	NOUN
aijbe-867	281	23	such	such	ADJ
aijbe-867	281	24	as	as	ADP
aijbe-867	281	25	stability	stability	NOUN
aijbe-867	281	26	test	test	NOUN
aijbe-867	281	27	,	,	PUNCT
aijbe-867	281	28	normality	normality	NOUN
aijbe-867	281	29	test	test	NOUN
aijbe-867	281	30	,	,	PUNCT
aijbe-867	281	31	auto	auto	NOUN
aijbe-867	281	32	correlation	correlation	NOUN
aijbe-867	281	33	test	test	NOUN
aijbe-867	281	34	etc	etc	X
aijbe-867	281	35	.	.	X
aijbe-867	281	36	were	be	AUX
aijbe-867	281	37	also	also	ADV
aijbe-867	281	38	carried	carry	VERB
aijbe-867	281	39	out	out	ADP
aijbe-867	281	40	to	to	PART
aijbe-867	281	41	establish	establish	VERB
aijbe-867	281	42	the	the	DET
aijbe-867	281	43	consistency	consistency	NOUN
aijbe-867	281	44	and	and	CCONJ
aijbe-867	281	45	reliability	reliability	NOUN
aijbe-867	281	46	of	of	ADP
aijbe-867	281	47	the	the	DET
aijbe-867	281	48	models	model	NOUN
aijbe-867	281	49	adopted	adopt	VERB
aijbe-867	281	50	in	in	ADP
aijbe-867	281	51	this	this	DET
aijbe-867	281	52	study	study	NOUN
aijbe-867	281	53	.	.	PUNCT
aijbe-867	282	1			ADJ
aijbe-867	282	2	unit	unit	NOUN
aijbe-867	282	3	root	root	NOUN
aijbe-867	282	4	/	/	SYM
aijbe-867	282	5	stationarity	stationarity	NOUN
aijbe-867	282	6	test	test	NOUN
aijbe-867	282	7	adopting	adopt	VERB
aijbe-867	282	8	the	the	DET
aijbe-867	282	9	engel	engel	PROPN
aijbe-867	282	10	—	—	PUNCT
aijbe-867	282	11	granger	granger	PROPN
aijbe-867	282	12	(	(	PUNCT
aijbe-867	282	13	1987	1987	NUM
aijbe-867	282	14	)	)	PUNCT
aijbe-867	282	15	and	and	CCONJ
aijbe-867	282	16	engel	engel	PROPN
aijbe-867	282	17	and	and	CCONJ
aijbe-867	282	18	yule	yule	NOUN
aijbe-867	282	19	,	,	PUNCT
aijbe-867	282	20	(	(	PUNCT
aijbe-867	282	21	1987	1987	NUM
aijbe-867	282	22	)	)	PUNCT
aijbe-867	282	23	,	,	PUNCT
aijbe-867	282	24	we	we	PRON
aijbe-867	282	25	proceed	proceed	VERB
aijbe-867	282	26	to	to	ADP
aijbe-867	282	27	modelling	model	VERB
aijbe-867	282	28	a	a	DET
aijbe-867	282	29	framework	framework	NOUN
aijbe-867	282	30	by	by	ADP
aijbe-867	282	31	first	first	ADJ
aijbe-867	282	32	testing	testing	NOUN
aijbe-867	282	33	for	for	ADP
aijbe-867	282	34	stationarity	stationarity	NOUN
aijbe-867	282	35	to	to	PART
aijbe-867	282	36	provide	provide	VERB
aijbe-867	282	37	a	a	DET
aijbe-867	282	38	more	more	ADV
aijbe-867	282	39	definitive	definitive	ADJ
aijbe-867	282	40	answer	answer	NOUN
aijbe-867	282	41	to	to	ADP
aijbe-867	282	42	the	the	DET
aijbe-867	282	43	non	non	ADJ
aijbe-867	282	44	-	-	NOUN
aijbe-867	282	45	stationarity	stationarity	NOUN
aijbe-867	282	46	,	,	PUNCT
aijbe-867	282	47	in	in	ADP
aijbe-867	282	48	each	each	DET
aijbe-867	282	49	time	time	NOUN
aijbe-867	282	50	series	series	NOUN
aijbe-867	282	51	,	,	PUNCT
aijbe-867	282	52	the	the	DET
aijbe-867	282	53	dickey	dickey	PROPN
aijbe-867	282	54	–	–	PUNCT
aijbe-867	282	55	fuller	full	ADJ
aijbe-867	282	56	(	(	PUNCT
aijbe-867	282	57	1979	1979	NUM
aijbe-867	282	58	)	)	PUNCT
aijbe-867	282	59	regression	regression	NOUN
aijbe-867	282	60	is	be	AUX
aijbe-867	282	61	estimated	estimate	VERB
aijbe-867	282	62	as	as	SCONJ
aijbe-867	282	63	follows	follow	VERB
aijbe-867	282	64	for	for	ADP
aijbe-867	282	65	unit	unit	NOUN
aijbe-867	282	66	root	root	NOUN
aijbe-867	282	67	.	.	PUNCT
aijbe-867	283	1	∆𝑌𝑡	∆𝑌𝑡	PROPN
aijbe-867	283	2	=	=	SYM
aijbe-867	283	3	𝜆𝑌𝑡−1	𝜆𝑌𝑡−1	NOUN
aijbe-867	284	1	+	+	CCONJ
aijbe-867	284	2	𝑉𝑡	𝑉𝑡	PROPN
aijbe-867	284	3	3.5	3.5	NUM
aijbe-867	284	4	if	if	SCONJ
aijbe-867	284	5	λ	λ	NOUN
aijbe-867	284	6	equals	equal	VERB
aijbe-867	284	7	0	0	NUM
aijbe-867	284	8	,	,	PUNCT
aijbe-867	284	9	𝑌𝑡	𝑌𝑡	PROPN
aijbe-867	284	10	is	be	AUX
aijbe-867	284	11	non	non	ADJ
aijbe-867	284	12	-	-	ADJ
aijbe-867	284	13	stationary	stationary	ADJ
aijbe-867	284	14	,	,	PUNCT
aijbe-867	284	15	as	as	ADP
aijbe-867	284	16	a	a	DET
aijbe-867	284	17	result	result	NOUN
aijbe-867	284	18	𝑌𝑡	𝑌𝑡	PROPN
aijbe-867	284	19	and	and	CCONJ
aijbe-867	284	20	𝑋𝑡	𝑋𝑡	PROPN
aijbe-867	284	21	are	be	AUX
aijbe-867	284	22	not	not	PART
aijbe-867	284	23	co	co	ADJ
aijbe-867	284	24	-	-	VERB
aijbe-867	284	25	integrated	integrated	ADJ
aijbe-867	284	26	.	.	PUNCT
aijbe-867	285	1	in	in	ADP
aijbe-867	285	2	order	order	NOUN
aijbe-867	285	3	words	word	NOUN
aijbe-867	285	4	,	,	PUNCT
aijbe-867	285	5	if	if	SCONJ
aijbe-867	285	6	λ	λ	PROPN
aijbe-867	285	7	is	be	AUX
aijbe-867	285	8	significantly	significantly	ADV
aijbe-867	285	9	different	different	ADJ
aijbe-867	285	10	from	from	ADP
aijbe-867	285	11	0	0	NUM
aijbe-867	285	12	,	,	PUNCT
aijbe-867	285	13	𝑌𝑡and	𝑌𝑡and	PROPN
aijbe-867	285	14	𝑋𝑡	𝑋𝑡	PROPN
aijbe-867	285	15	are	be	AUX
aijbe-867	285	16	found	find	VERB
aijbe-867	285	17	integrated	integrate	VERB
aijbe-867	285	18	individually	individually	ADV
aijbe-867	285	19	.	.	PUNCT
aijbe-867	286	1	given	give	VERB
aijbe-867	286	2	the	the	DET
aijbe-867	286	3	inherent	inherent	ADJ
aijbe-867	286	4	weakness	weakness	NOUN
aijbe-867	286	5	of	of	ADP
aijbe-867	286	6	the	the	DET
aijbe-867	286	7	unit	unit	NOUN
aijbe-867	286	8	root	root	NOUN
aijbe-867	286	9	to	to	PART
aijbe-867	286	10	distinguish	distinguish	VERB
aijbe-867	286	11	between	between	ADP
aijbe-867	286	12	null	null	NOUN
aijbe-867	286	13	and	and	CCONJ
aijbe-867	286	14	the	the	DET
aijbe-867	286	15	alternative	alternative	ADJ
aijbe-867	286	16	hypotheses	hypothesis	NOUN
aijbe-867	286	17	,	,	PUNCT
aijbe-867	286	18	it	it	PRON
aijbe-867	286	19	is	be	AUX
aijbe-867	286	20	desirable	desirable	ADJ
aijbe-867	286	21	that	that	SCONJ
aijbe-867	286	22	the	the	DET
aijbe-867	286	23	augmented	augment	VERB
aijbe-867	286	24	dickey	dickey	NOUN
aijbe-867	286	25	—	—	PUNCT
aijbe-867	286	26	fuller	full	ADJ
aijbe-867	286	27	(	(	PUNCT
aijbe-867	286	28	adf	adf	NOUN
aijbe-867	286	29	)	)	PUNCT
aijbe-867	286	30	,	,	PUNCT
aijbe-867	286	31	1981	1981	NUM
aijbe-867	286	32	test	test	NOUN
aijbe-867	286	33	be	be	AUX
aijbe-867	286	34	applied	apply	VERB
aijbe-867	286	35	.	.	PUNCT
aijbe-867	287	1	to	to	PART
aijbe-867	287	2	be	be	AUX
aijbe-867	287	3	co	co	VERB
aijbe-867	287	4	-	-	VERB
aijbe-867	287	5	integrated	integrated	ADJ
aijbe-867	287	6	;	;	PUNCT
aijbe-867	287	7	both	both	CCONJ
aijbe-867	287	8	𝑌𝑡	𝑌𝑡	PROPN
aijbe-867	287	9	and	and	CCONJ
aijbe-867	287	10	𝑋𝑡	𝑋𝑡	PROPN
aijbe-867	287	11	must	must	AUX
aijbe-867	287	12	have	have	VERB
aijbe-867	287	13	the	the	DET
aijbe-867	287	14	same	same	ADJ
aijbe-867	287	15	order	order	NOUN
aijbe-867	287	16	of	of	ADP
aijbe-867	287	17	integration	integration	NOUN
aijbe-867	287	18	(	(	PUNCT
aijbe-867	287	19	engel	engel	PROPN
aijbe-867	287	20	and	and	CCONJ
aijbe-867	287	21	granger	granger	PROPN
aijbe-867	287	22	,	,	PUNCT
aijbe-867	287	23	1987	1987	NUM
aijbe-867	287	24	,	,	PUNCT
aijbe-867	287	25	and	and	CCONJ
aijbe-867	287	26	granger	granger	PROPN
aijbe-867	287	27	,	,	PUNCT
aijbe-867	287	28	1986	1986	NUM
aijbe-867	287	29	)	)	PUNCT
aijbe-867	287	30	.	.	PUNCT
aijbe-867	288	1	the	the	DET
aijbe-867	288	2	adf	adf	PROPN
aijbe-867	288	3	regression	regression	NOUN
aijbe-867	288	4	is	be	AUX
aijbe-867	288	5	specified	specify	VERB
aijbe-867	288	6	as	as	SCONJ
aijbe-867	288	7	follows	follow	VERB
aijbe-867	288	8	:	:	PUNCT
aijbe-867	288	9	∆𝑌𝑡	∆𝑌𝑡	PROPN
aijbe-867	288	10	=	=	SYM
aijbe-867	288	11	𝛼	𝛼	NOUN
aijbe-867	288	12	+	+	CCONJ
aijbe-867	288	13	𝛽1𝑡	𝛽1𝑡	ADP
aijbe-867	288	14	+	+	NUM
aijbe-867	288	15	𝛿𝑋𝑡−1	𝛿𝑋𝑡−1	ADJ
aijbe-867	288	16	+	+	CCONJ
aijbe-867	288	17	∑	∑	PROPN
aijbe-867	288	18	𝛽𝑖∆𝑋𝑡−𝑖	𝛽𝑖∆𝑋𝑡−𝑖	ADP
aijbe-867	288	19	𝑚	𝑚	X
aijbe-867	288	20	𝑡=1	𝑡=1	PROPN
aijbe-867	288	21	+	+	CCONJ
aijbe-867	288	22	휀𝑡	휀𝑡	NUM
aijbe-867	288	23	3.6	3.6	NUM
aijbe-867	288	24	∆	∆	PROPN
aijbe-867	288	25	is	be	AUX
aijbe-867	288	26	the	the	DET
aijbe-867	288	27	first	first	ADJ
aijbe-867	288	28	difference	difference	NOUN
aijbe-867	288	29	operator	operator	NOUN
aijbe-867	288	30	,	,	PUNCT
aijbe-867	288	31	6.466.486.406.506.526.566.546.426.44	6.466.486.406.506.526.566.546.426.44	NUM
aijbe-867	288	32	akai	akai	PROPN
aijbe-867	288	33	ke	ke	PROPN
aijbe-867	288	34	infor	infor	PROPN
aijbe-867	288	35	mati	mati	PROPN
aijbe-867	288	36	on	on	ADP
aijbe-867	288	37	criteri	criteri	PROPN
aijbe-867	288	38	a	a	DET
aijbe-867	288	39	(	(	PUNCT
aijbe-867	288	40	top	top	ADJ
aijbe-867	288	41	20	20	NUM
aijbe-867	288	42	models	model	NOUN
aijbe-867	288	43	)	)	PUNCT
aijbe-867	288	44	is	be	AUX
aijbe-867	288	45	the	the	DET
aijbe-867	288	46	new	new	ADJ
aijbe-867	288	47	random	random	ADJ
aijbe-867	288	48	error	error	NOUN
aijbe-867	288	49	term	term	NOUN
aijbe-867	288	50	,	,	PUNCT
aijbe-867	288	51	m	m	VERB
aijbe-867	288	52	is	be	AUX
aijbe-867	288	53	the	the	DET
aijbe-867	288	54	optimum	optimum	ADJ
aijbe-867	288	55	number	number	NOUN
aijbe-867	288	56	of	of	ADP
aijbe-867	288	57	lags	lag	NOUN
aijbe-867	288	58	needed	need	VERB
aijbe-867	288	59	to	to	PART
aijbe-867	288	60	obtain	obtain	VERB
aijbe-867	288	61	“	"	PUNCT
aijbe-867	288	62	white	white	ADJ
aijbe-867	288	63	noise	noise	NOUN
aijbe-867	288	64	’	'	PUNCT
aijbe-867	288	65	.	.	PUNCT
aijbe-867	289	1	this	this	PRON
aijbe-867	289	2	is	be	AUX
aijbe-867	289	3	approximated	approximate	VERB
aijbe-867	289	4	when	when	SCONJ
aijbe-867	289	5	the	the	DET
aijbe-867	289	6	dw	dw	PROPN
aijbe-867	289	7	values	value	NOUN
aijbe-867	289	8	approaches	approach	VERB
aijbe-867	289	9	2.0	2.0	NUM
aijbe-867	289	10	numerically	numerically	ADV
aijbe-867	289	11	.	.	PUNCT
aijbe-867	290	1	the	the	DET
aijbe-867	290	2	null	null	ADJ
aijbe-867	290	3	hypothesis	hypothesis	NOUN
aijbe-867	290	4	of	of	ADP
aijbe-867	290	5	non	non	ADJ
aijbe-867	290	6	-	-	NOUN
aijbe-867	290	7	stationarity	stationarity	NOUN
aijbe-867	290	8	is	be	AUX
aijbe-867	290	9	rejected	reject	VERB
aijbe-867	290	10	if	if	SCONJ
aijbe-867	290	11	the	the	DET
aijbe-867	290	12	estimated	estimate	VERB
aijbe-867	290	13	adf	adf	NOUN
aijbe-867	290	14	statistic	statistic	NOUN
aijbe-867	290	15	is	be	AUX
aijbe-867	290	16	found	find	VERB
aijbe-867	290	17	to	to	PART
aijbe-867	290	18	be	be	AUX
aijbe-867	290	19	larger	large	ADJ
aijbe-867	290	20	in	in	ADP
aijbe-867	290	21	absolute	absolute	ADJ
aijbe-867	290	22	term	term	NOUN
aijbe-867	290	23	or	or	CCONJ
aijbe-867	290	24	more	more	ADV
aijbe-867	290	25	negative	negative	ADJ
aijbe-867	290	26	than	than	ADP
aijbe-867	290	27	its	its	PRON
aijbe-867	290	28	critical	critical	ADJ
aijbe-867	290	29	values	value	NOUN
aijbe-867	290	30	at	at	ADP
aijbe-867	290	31	1	1	NUM
aijbe-867	290	32	or	or	CCONJ
aijbe-867	290	33	5	5	NUM
aijbe-867	290	34	percent	percent	NOUN
aijbe-867	290	35	level	level	NOUN
aijbe-867	290	36	of	of	ADP
aijbe-867	290	37	significance	significance	NOUN
aijbe-867	290	38	.	.	PUNCT
aijbe-867	291	1			ADJ
aijbe-867	291	2	concept	concept	NOUN
aijbe-867	291	3	of	of	ADP
aijbe-867	291	4	co	co	NOUN
aijbe-867	291	5	-	-	NOUN
aijbe-867	291	6	integration	integration	NOUN
aijbe-867	291	7	co	co	NOUN
aijbe-867	291	8	-	-	NOUN
aijbe-867	291	9	integration	integration	NOUN
aijbe-867	291	10	among	among	ADP
aijbe-867	291	11	the	the	DET
aijbe-867	291	12	variables	variable	NOUN
aijbe-867	291	13	is	be	AUX
aijbe-867	291	14	used	use	VERB
aijbe-867	291	15	to	to	PART
aijbe-867	291	16	determine	determine	VERB
aijbe-867	291	17	the	the	DET
aijbe-867	291	18	existence	existence	NOUN
aijbe-867	291	19	of	of	ADP
aijbe-867	291	20	a	a	DET
aijbe-867	291	21	long	long	ADJ
aijbe-867	291	22	run	run	NOUN
aijbe-867	291	23	equilibrium	equilibrium	NOUN
aijbe-867	291	24	relationship	relationship	NOUN
aijbe-867	291	25	between	between	ADP
aijbe-867	291	26	the	the	DET
aijbe-867	291	27	variables	variable	NOUN
aijbe-867	291	28	.	.	PUNCT
aijbe-867	292	1	the	the	DET
aijbe-867	292	2	concept	concept	NOUN
aijbe-867	292	3	of	of	ADP
aijbe-867	292	4	co	co	NOUN
aijbe-867	292	5	-	-	NOUN
aijbe-867	292	6	integration	integration	NOUN
aijbe-867	292	7	(	(	PUNCT
aijbe-867	292	8	granger	granger	NOUN
aijbe-867	292	9	,	,	PUNCT
aijbe-867	292	10	1986	1986	NUM
aijbe-867	292	11	,	,	PUNCT
aijbe-867	292	12	mill	mill	NOUN
aijbe-867	292	13	1990	1990	NUM
aijbe-867	292	14	)	)	PUNCT
aijbe-867	292	15	creates	create	VERB
aijbe-867	292	16	the	the	DET
aijbe-867	292	17	link	link	NOUN
aijbe-867	292	18	between	between	ADP
aijbe-867	292	19	integrated	integrate	VERB
aijbe-867	292	20	processes	process	NOUN
aijbe-867	292	21	and	and	CCONJ
aijbe-867	292	22	the	the	DET
aijbe-867	292	23	concept	concept	NOUN
aijbe-867	292	24	of	of	ADP
aijbe-867	292	25	steady	steady	ADJ
aijbe-867	292	26	state	state	NOUN
aijbe-867	292	27	equilibrium	equilibrium	NOUN
aijbe-867	292	28	.	.	PUNCT
aijbe-867	293	1	the	the	DET
aijbe-867	293	2	idea	idea	NOUN
aijbe-867	293	3	behind	behind	ADP
aijbe-867	293	4	co	co	NOUN
aijbe-867	293	5	-	-	NOUN
aijbe-867	293	6	integration	integration	NOUN
aijbe-867	293	7	is	be	AUX
aijbe-867	293	8	that	that	SCONJ
aijbe-867	293	9	‘	'	PUNCT
aijbe-867	293	10	although	although	SCONJ
aijbe-867	293	11	two	two	NUM
aijbe-867	293	12	different	different	ADJ
aijbe-867	293	13	series	series	NOUN
aijbe-867	293	14	may	may	AUX
aijbe-867	293	15	not	not	PART
aijbe-867	293	16	themselves	themselves	PRON
aijbe-867	293	17	be	be	AUX
aijbe-867	293	18	stationary	stationary	ADJ
aijbe-867	293	19	,	,	PUNCT
aijbe-867	293	20	some	some	DET
aijbe-867	293	21	linear	linear	ADJ
aijbe-867	293	22	combination	combination	NOUN
aijbe-867	293	23	of	of	ADP
aijbe-867	293	24	them	they	PRON
aijbe-867	293	25	may	may	AUX
aijbe-867	293	26	be	be	AUX
aijbe-867	293	27	indeed	indeed	ADV
aijbe-867	293	28	stationary	stationary	ADJ
aijbe-867	293	29	with	with	ADP
aijbe-867	293	30	the	the	DET
aijbe-867	293	31	generalization	generalization	NOUN
aijbe-867	293	32	to	to	ADP
aijbe-867	293	33	more	more	ADJ
aijbe-867	293	34	than	than	ADP
aijbe-867	293	35	two	two	NUM
aijbe-867	293	36	series	series	NOUN
aijbe-867	293	37	”	"	PUNCT
aijbe-867	293	38	(	(	PUNCT
aijbe-867	293	39	komolafe	komolafe	NOUN
aijbe-867	293	40	,	,	PUNCT
aijbe-867	293	41	1996	1996	NUM
aijbe-867	293	42	)	)	PUNCT
aijbe-867	293	43	.	.	PUNCT
aijbe-867	294	1	economic	economic	ADJ
aijbe-867	294	2	variables	variable	NOUN
aijbe-867	294	3	are	be	AUX
aijbe-867	294	4	inherently	inherently	ADV
aijbe-867	294	5	nonstationary	nonstationary	ADJ
aijbe-867	294	6	and	and	CCONJ
aijbe-867	294	7	thus	thus	ADV
aijbe-867	294	8	,	,	PUNCT
aijbe-867	294	9	could	could	AUX
aijbe-867	294	10	meander	meander	VERB
aijbe-867	294	11	without	without	ADP
aijbe-867	294	12	any	any	DET
aijbe-867	294	13	tendency	tendency	NOUN
aijbe-867	294	14	to	to	PART
aijbe-867	294	15	return	return	VERB
aijbe-867	294	16	to	to	ADP
aijbe-867	294	17	equilibrium	equilibrium	NOUN
aijbe-867	294	18	in	in	ADP
aijbe-867	294	19	the	the	DET
aijbe-867	294	20	long	long	ADJ
aijbe-867	294	21	run	run	NOUN
aijbe-867	294	22	.	.	PUNCT
aijbe-867	295	1	implicit	implicit	ADJ
aijbe-867	295	2	in	in	ADP
aijbe-867	295	3	the	the	DET
aijbe-867	295	4	co	co	NOUN
aijbe-867	295	5	-	-	NOUN
aijbe-867	295	6	integration	integration	NOUN
aijbe-867	295	7	theory	theory	NOUN
aijbe-867	295	8	is	be	AUX
aijbe-867	295	9	the	the	DET
aijbe-867	295	10	fact	fact	NOUN
aijbe-867	295	11	that	that	SCONJ
aijbe-867	295	12	there	there	PRON
aijbe-867	295	13	exists	exist	VERB
aijbe-867	295	14	a	a	DET
aijbe-867	295	15	linear	linear	ADJ
aijbe-867	295	16	combination	combination	NOUN
aijbe-867	295	17	of	of	ADP
aijbe-867	295	18	these	these	DET
aijbe-867	295	19	non	non	ADJ
aijbe-867	295	20	-	-	ADJ
aijbe-867	295	21	stationary	stationary	ADJ
aijbe-867	295	22	variables	variable	NOUN
aijbe-867	295	23	that	that	PRON
aijbe-867	295	24	is	be	AUX
aijbe-867	295	25	stationary	stationary	ADJ
aijbe-867	295	26	.	.	PUNCT
aijbe-867	296	1	the	the	DET
aijbe-867	296	2	traditional	traditional	ADJ
aijbe-867	296	3	approach	approach	NOUN
aijbe-867	296	4	to	to	ADP
aijbe-867	296	5	the	the	DET
aijbe-867	296	6	modelling	modelling	NOUN
aijbe-867	296	7	of	of	ADP
aijbe-867	296	8	short	short	ADJ
aijbe-867	296	9	-	-	PUNCT
aijbe-867	296	10	run	run	NOUN
aijbe-867	296	11	disequilibrium	disequilibrium	NOUN
aijbe-867	296	12	is	be	AUX
aijbe-867	296	13	the	the	DET
aijbe-867	296	14	partial	partial	ADJ
aijbe-867	296	15	adjustment	adjustment	NOUN
aijbe-867	296	16	method	method	NOUN
aijbe-867	296	17	.	.	PUNCT
aijbe-867	297	1	however	however	ADV
aijbe-867	297	2	,	,	PUNCT
aijbe-867	297	3	an	an	DET
aijbe-867	297	4	extension	extension	NOUN
aijbe-867	297	5	of	of	ADP
aijbe-867	297	6	this	this	PRON
aijbe-867	297	7	in	in	ADP
aijbe-867	297	8	the	the	DET
aijbe-867	297	9	co	co	NOUN
aijbe-867	297	10	-	-	NOUN
aijbe-867	297	11	integration	integration	NOUN
aijbe-867	297	12	technique	technique	NOUN
aijbe-867	297	13	is	be	AUX
aijbe-867	297	14	the	the	DET
aijbe-867	297	15	error	error	NOUN
aijbe-867	297	16	correction	correction	NOUN
aijbe-867	297	17	mechanism	mechanism	NOUN
aijbe-867	297	18	(	(	PUNCT
aijbe-867	297	19	ecm	ecm	PROPN
aijbe-867	297	20	)	)	PUNCT
aijbe-867	297	21	(	(	PUNCT
aijbe-867	297	22	granger	granger	NOUN
aijbe-867	297	23	and	and	CCONJ
aijbe-867	297	24	newbold	newbold	PROPN
aijbe-867	297	25	,	,	PUNCT
aijbe-867	297	26	1977	1977	NUM
aijbe-867	297	27	)	)	PUNCT
aijbe-867	297	28	.	.	PUNCT
aijbe-867	298	1	the	the	DET
aijbe-867	298	2	original	original	ADJ
aijbe-867	298	3	co	co	NOUN
aijbe-867	298	4	-	-	NOUN
aijbe-867	298	5	integration	integration	NOUN
aijbe-867	298	6	relationship	relationship	NOUN
aijbe-867	298	7	is	be	AUX
aijbe-867	298	8	specified	specify	VERB
aijbe-867	298	9	as	as	SCONJ
aijbe-867	298	10	follows	follow	VERB
aijbe-867	298	11	:	:	PUNCT
aijbe-867	298	12	𝑌𝑡	𝑌𝑡	PROPN
aijbe-867	298	13	=	=	PUNCT
aijbe-867	298	14	𝛽0	𝛽0	PROPN
aijbe-867	298	15	+	+	CCONJ
aijbe-867	298	16	𝛽1𝑋𝑡	𝛽1𝑋𝑡	NOUN
aijbe-867	298	17	+	+	CCONJ
aijbe-867	298	18	𝜇𝑡	𝜇𝑡	X
aijbe-867	298	19	3.7	3.7	NUM
aijbe-867	298	20	analysing	analyse	VERB
aijbe-867	298	21	the	the	DET
aijbe-867	298	22	long	long	ADV
aijbe-867	298	23	-	-	PUNCT
aijbe-867	298	24	run	run	NOUN
aijbe-867	298	25	behaviour	behaviour	NOUN
aijbe-867	298	26	of	of	ADP
aijbe-867	298	27	𝑌𝑡	𝑌𝑡	PROPN
aijbe-867	298	28	implies	imply	VERB
aijbe-867	298	29	investigating	investigate	VERB
aijbe-867	298	30	co	co	ADJ
aijbe-867	298	31	-	-	ADJ
aijbe-867	298	32	integrating	integrating	ADJ
aijbe-867	298	33	relationship	relationship	NOUN
aijbe-867	298	34	in	in	ADP
aijbe-867	298	35	(	(	PUNCT
aijbe-867	298	36	1	1	NUM
aijbe-867	298	37	)	)	PUNCT
aijbe-867	298	38	.	.	PUNCT
aijbe-867	299	1	if	if	SCONJ
aijbe-867	299	2	µt	µt	PRON
aijbe-867	299	3	is	be	AUX
aijbe-867	299	4	stationary	stationary	ADJ
aijbe-867	299	5	then	then	ADV
aijbe-867	299	6	,	,	PUNCT
aijbe-867	299	7	the	the	DET
aijbe-867	299	8	1(1	1(1	NUM
aijbe-867	299	9	)	)	PUNCT
aijbe-867	299	10	variables	variable	NOUN
aijbe-867	299	11	in	in	ADP
aijbe-867	299	12	𝑋𝑡	𝑋𝑡	PROPN
aijbe-867	299	13	may	may	AUX
aijbe-867	299	14	be	be	AUX
aijbe-867	299	15	thought	think	VERB
aijbe-867	299	16	of	of	ADP
aijbe-867	299	17	as	as	ADP
aijbe-867	299	18	capturing	capture	VERB
aijbe-867	299	19	the	the	DET
aijbe-867	299	20	long	long	ADJ
aijbe-867	299	21	run	run	NOUN
aijbe-867	299	22	component	component	NOUN
aijbe-867	299	23	of	of	ADP
aijbe-867	299	24	𝑌𝑡	𝑌𝑡	PROPN
aijbe-867	299	25	while	while	SCONJ
aijbe-867	299	26	휀𝑡	휀𝑡	ADP
aijbe-867	299	27	captures	capture	VERB
aijbe-867	299	28	the	the	DET
aijbe-867	299	29	short	short	ADJ
aijbe-867	299	30	run	run	NOUN
aijbe-867	299	31	or	or	CCONJ
aijbe-867	299	32	temporary	temporary	ADJ
aijbe-867	299	33	movements	movement	NOUN
aijbe-867	299	34	.	.	PUNCT
aijbe-867	300	1			ADJ
aijbe-867	300	2	error	error	NOUN
aijbe-867	300	3	correction	correction	NOUN
aijbe-867	300	4	technique	technique	NOUN
aijbe-867	300	5	if	if	SCONJ
aijbe-867	300	6	the	the	DET
aijbe-867	300	7	𝑌𝑡	𝑌𝑡	PROPN
aijbe-867	300	8	and	and	CCONJ
aijbe-867	300	9	𝑋𝑡	𝑋𝑡	PROPN
aijbe-867	300	10	are	be	AUX
aijbe-867	300	11	found	find	VERB
aijbe-867	300	12	to	to	PART
aijbe-867	300	13	be	be	AUX
aijbe-867	300	14	co	co	VERB
aijbe-867	300	15	-	-	VERB
aijbe-867	300	16	integrated	integrated	ADJ
aijbe-867	300	17	,	,	PUNCT
aijbe-867	300	18	then	then	ADV
aijbe-867	300	19	there	there	PRON
aijbe-867	300	20	must	must	AUX
aijbe-867	300	21	exist	exist	VERB
aijbe-867	300	22	an	an	DET
aijbe-867	300	23	associated	associate	VERB
aijbe-867	300	24	error	error	NOUN
aijbe-867	300	25	correction	correction	NOUN
aijbe-867	300	26	model	model	NOUN
aijbe-867	300	27	(	(	PUNCT
aijbe-867	300	28	ecm	ecm	PROPN
aijbe-867	300	29	)	)	PUNCT
aijbe-867	300	30	,	,	PUNCT
aijbe-867	300	31	according	accord	VERB
aijbe-867	300	32	to	to	ADP
aijbe-867	300	33	engel	engel	PROPN
aijbe-867	300	34	and	and	CCONJ
aijbe-867	300	35	granger	granger	PROPN
aijbe-867	300	36	(	(	PUNCT
aijbe-867	300	37	1987	1987	NUM
aijbe-867	300	38	)	)	PUNCT
aijbe-867	300	39	.	.	PUNCT
aijbe-867	301	1	the	the	DET
aijbe-867	301	2	usual	usual	ADJ
aijbe-867	301	3	ecm	ecm	NOUN
aijbe-867	301	4	may	may	AUX
aijbe-867	301	5	take	take	VERB
aijbe-867	301	6	the	the	DET
aijbe-867	301	7	following	follow	VERB
aijbe-867	301	8	form	form	NOUN
aijbe-867	301	9	:	:	PUNCT
aijbe-867	301	10	ikemenogo	ikemenogo	ADJ
aijbe-867	301	11	,	,	PUNCT
aijbe-867	301	12	eze	eze	PROPN
aijbe-867	301	13	solomon	solomon	PROPN
aijbe-867	301	14	(	(	PUNCT
aijbe-867	301	15	2024	2024	NUM
aijbe-867	301	16	)	)	PUNCT
aijbe-867	301	17	american	american	ADJ
aijbe-867	301	18	interdisciplinary	interdisciplinary	ADJ
aijbe-867	301	19	journal	journal	NOUN
aijbe-867	301	20	of	of	ADP
aijbe-867	301	21	business	business	NOUN
aijbe-867	301	22	and	and	CCONJ
aijbe-867	301	23	economics	economic	NOUN
aijbe-867	301	24	|	|	ADV
aijbe-867	301	25	47	47	NUM
aijbe-867	301	26	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	VERB
aijbe-867	301	27	∆𝑌𝑡	∆𝑌𝑡	PROPN
aijbe-867	301	28	=	=	SYM
aijbe-867	301	29	𝛼0	𝛼0	PROPN
aijbe-867	301	30	+	+	CCONJ
aijbe-867	301	31	𝛽1𝑡	𝛽1𝑡	PROPN
aijbe-867	301	32	∑	∑	INTJ
aijbe-867	301	33	∆𝑋𝑡−1	∆𝑋𝑡−1	PROPN
aijbe-867	301	34	𝑚	𝑚	ADP
aijbe-867	301	35	𝑡=1	𝑡=1	PROPN
aijbe-867	301	36	+	+	CCONJ
aijbe-867	301	37	𝛿𝑖	𝛿𝑖	NOUN
aijbe-867	301	38	∑	∑	PUNCT
aijbe-867	301	39	∆𝑌𝑡=1	∆𝑌𝑡=1	NOUN
aijbe-867	301	40	𝑚	𝑚	ADP
aijbe-867	301	41	𝑡=1	𝑡=1	NOUN
aijbe-867	301	42	+	+	CCONJ
aijbe-867	301	43	𝛾𝑡휀𝑡−1	𝛾𝑡휀𝑡−1	NUM
aijbe-867	302	1	+	+	NOUN
aijbe-867	302	2	𝜑	𝜑	PROPN
aijbe-867	302	3	3.8	3.8	NUM
aijbe-867	302	4	where	where	SCONJ
aijbe-867	302	5	,	,	PUNCT
aijbe-867	302	6	∆	∆	PROPN
aijbe-867	302	7	denotes	denote	VERB
aijbe-867	302	8	first	first	ADJ
aijbe-867	302	9	difference	difference	NOUN
aijbe-867	302	10	operators	operator	NOUN
aijbe-867	302	11	,	,	PUNCT
aijbe-867	302	12	휀𝑡−1	휀𝑡−1	NOUN
aijbe-867	302	13	is	be	AUX
aijbe-867	302	14	the	the	DET
aijbe-867	302	15	error	error	NOUN
aijbe-867	302	16	correction	correction	NOUN
aijbe-867	302	17	term	term	NOUN
aijbe-867	302	18	,	,	PUNCT
aijbe-867	302	19	m	m	VERB
aijbe-867	302	20	is	be	AUX
aijbe-867	302	21	the	the	DET
aijbe-867	302	22	number	number	NOUN
aijbe-867	302	23	of	of	ADP
aijbe-867	302	24	lags	lag	NOUN
aijbe-867	302	25	necessary	necessary	ADJ
aijbe-867	302	26	to	to	PART
aijbe-867	302	27	obtain	obtain	VERB
aijbe-867	302	28	“	"	PUNCT
aijbe-867	302	29	white	white	ADJ
aijbe-867	302	30	noise	noise	NOUN
aijbe-867	302	31	”	"	PUNCT
aijbe-867	302	32	and	and	CCONJ
aijbe-867	302	33	𝜑𝑡	𝜑𝑡	NOUN
aijbe-867	302	34	is	be	AUX
aijbe-867	302	35	another	another	DET
aijbe-867	302	36	random	random	ADJ
aijbe-867	302	37	disturbance	disturbance	NOUN
aijbe-867	302	38	term	term	NOUN
aijbe-867	302	39	.	.	PUNCT
aijbe-867	303	1	if	if	SCONJ
aijbe-867	303	2	/δ/	/δ/	PROPN
aijbe-867	303	3	is	be	AUX
aijbe-867	303	4	significantly	significantly	ADV
aijbe-867	303	5	different	different	ADJ
aijbe-867	303	6	from	from	ADP
aijbe-867	303	7	zero	zero	NUM
aijbe-867	303	8	,	,	PUNCT
aijbe-867	303	9	then	then	ADV
aijbe-867	303	10	𝑌𝑡	𝑌𝑡	PROPN
aijbe-867	303	11	and	and	CCONJ
aijbe-867	303	12	𝑋𝑡	𝑋𝑡	PROPN
aijbe-867	303	13	will	will	AUX
aijbe-867	303	14	have	have	AUX
aijbe-867	303	15	longer	long	ADV
aijbe-867	303	16	run	run	VERB
aijbe-867	303	17	relationship	relationship	NOUN
aijbe-867	303	18	.	.	PUNCT
aijbe-867	304	1	the	the	DET
aijbe-867	304	2	(	(	PUNCT
aijbe-867	304	3	ecm	ecm	NOUN
aijbe-867	304	4	)	)	PUNCT
aijbe-867	304	5	error	error	NOUN
aijbe-867	304	6	correction	correction	NOUN
aijbe-867	304	7	term	term	NOUN
aijbe-867	304	8	(	(	PUNCT
aijbe-867	304	9	휀𝑡−1	휀𝑡−1	NOUN
aijbe-867	304	10	)	)	PUNCT
aijbe-867	304	11	depicts	depict	VERB
aijbe-867	304	12	the	the	DET
aijbe-867	304	13	extent	extent	NOUN
aijbe-867	304	14	of	of	ADP
aijbe-867	304	15	disequilibrium	disequilibrium	NOUN
aijbe-867	304	16	between	between	ADP
aijbe-867	304	17	𝑌𝑡	𝑌𝑡	PROPN
aijbe-867	304	18	and	and	CCONJ
aijbe-867	304	19	𝑋𝑡.	𝑋𝑡.	PROPN
aijbe-867	304	20	the	the	DET
aijbe-867	304	21	ecm	ecm	NOUN
aijbe-867	304	22	,	,	PUNCT
aijbe-867	304	23	reveals	reveal	VERB
aijbe-867	304	24	further	far	ADV
aijbe-867	304	25	that	that	SCONJ
aijbe-867	304	26	the	the	DET
aijbe-867	304	27	change	change	NOUN
aijbe-867	304	28	in	in	ADP
aijbe-867	304	29	𝑌𝑡	𝑌𝑡	PROPN
aijbe-867	304	30	not	not	PART
aijbe-867	304	31	only	only	ADV
aijbe-867	304	32	depend	depend	VERB
aijbe-867	304	33	on	on	ADP
aijbe-867	304	34	lagged	lag	VERB
aijbe-867	304	35	changes	change	NOUN
aijbe-867	304	36	in	in	ADP
aijbe-867	304	37	𝑋𝑡	𝑋𝑡	PROPN
aijbe-867	304	38	but	but	CCONJ
aijbe-867	304	39	also	also	ADV
aijbe-867	304	40	on	on	ADP
aijbe-867	304	41	its	its	PRON
aijbe-867	304	42	own	own	ADJ
aijbe-867	304	43	lagged	lag	VERB
aijbe-867	304	44	changes	change	NOUN
aijbe-867	304	45	.	.	PUNCT
aijbe-867	305	1	the	the	DET
aijbe-867	305	2	estimate	estimate	NOUN
aijbe-867	305	3	of	of	ADP
aijbe-867	305	4	the	the	DET
aijbe-867	305	5	parameters	parameter	NOUN
aijbe-867	305	6	of	of	ADP
aijbe-867	305	7	the	the	DET
aijbe-867	305	8	ecm	ecm	NOUN
aijbe-867	305	9	are	be	AUX
aijbe-867	305	10	generally	generally	ADV
aijbe-867	305	11	consistent	consistent	ADJ
aijbe-867	305	12	and	and	CCONJ
aijbe-867	305	13	efficient	efficient	ADJ
aijbe-867	305	14	(	(	PUNCT
aijbe-867	305	15	hendry	hendry	PROPN
aijbe-867	305	16	and	and	CCONJ
aijbe-867	305	17	richard	richard	PROPN
aijbe-867	305	18	,	,	PUNCT
aijbe-867	305	19	1983	1983	NUM
aijbe-867	305	20	)	)	PUNCT
aijbe-867	305	21	.	.	PUNCT
aijbe-867	306	1	inference	inference	NOUN
aijbe-867	306	2	about	about	ADP
aijbe-867	306	3	the	the	DET
aijbe-867	306	4	long	long	ADJ
aijbe-867	306	5	run	run	NOUN
aijbe-867	306	6	granger	granger	PROPN
aijbe-867	306	7	causality	causality	NOUN
aijbe-867	306	8	can	can	AUX
aijbe-867	306	9	be	be	AUX
aijbe-867	306	10	drawn	draw	VERB
aijbe-867	306	11	from	from	ADP
aijbe-867	306	12	the	the	DET
aijbe-867	306	13	ecm	ecm	PROPN
aijbe-867	306	14	model	model	NOUN
aijbe-867	306	15	.	.	PUNCT
aijbe-867	307	1	the	the	DET
aijbe-867	307	2	presence	presence	NOUN
aijbe-867	307	3	of	of	ADP
aijbe-867	307	4	co	co	NOUN
aijbe-867	307	5	-	-	NOUN
aijbe-867	307	6	integration	integration	NOUN
aijbe-867	307	7	will	will	AUX
aijbe-867	307	8	indicate	indicate	VERB
aijbe-867	307	9	at	at	ADP
aijbe-867	307	10	least	least	ADJ
aijbe-867	307	11	,	,	PUNCT
aijbe-867	307	12	unidirectional	unidirectional	ADJ
aijbe-867	307	13	long	long	ADJ
aijbe-867	307	14	run	run	NOUN
aijbe-867	307	15	causality	causality	NOUN
aijbe-867	307	16	from	from	ADP
aijbe-867	307	17	∆𝑋𝑡−1	∆𝑋𝑡−1	PROPN
aijbe-867	307	18	,	,	PUNCT
aijbe-867	307	19	if	if	SCONJ
aijbe-867	307	20	statistically	statistically	ADV
aijbe-867	307	21	significant	significant	ADJ
aijbe-867	307	22	will	will	AUX
aijbe-867	307	23	indicate	indicate	VERB
aijbe-867	307	24	a	a	DET
aijbe-867	307	25	short	short	ADJ
aijbe-867	307	26	run	run	NOUN
aijbe-867	307	27	causality	causality	NOUN
aijbe-867	307	28	from	from	ADP
aijbe-867	307	29	∆𝑋𝑡−1	∆𝑋𝑡−1	PROPN
aijbe-867	307	30	to	to	ADP
aijbe-867	307	31	∆𝑌𝑡−1	∆𝑌𝑡−1	PROPN
aijbe-867	307	32	.	.	PUNCT
aijbe-867	308	1	the	the	DET
aijbe-867	308	2	statistically	statistically	ADV
aijbe-867	308	3	significant	significant	ADJ
aijbe-867	308	4	non	non	ADJ
aijbe-867	308	5	-	-	ADJ
aijbe-867	308	6	zero	zero	NUM
aijbe-867	308	7	co	co	NOUN
aijbe-867	308	8	-	-	ADJ
aijbe-867	308	9	efficient	efficient	ADJ
aijbe-867	308	10	of	of	ADP
aijbe-867	308	11	∆𝑌𝑡−1will	∆𝑌𝑡−1will	PROPN
aijbe-867	308	12	indicate	indicate	VERB
aijbe-867	308	13	feedback	feedback	NOUN
aijbe-867	308	14	to	to	ADP
aijbe-867	308	15	∆𝑌𝑡	∆𝑌𝑡	PROPN
aijbe-867	308	16	from	from	ADP
aijbe-867	308	17	its	its	PRON
aijbe-867	308	18	own	own	ADJ
aijbe-867	308	19	lagged	lag	VERB
aijbe-867	308	20	values	value	NOUN
aijbe-867	308	21	.	.	PUNCT
aijbe-867	309	1	it	it	PRON
aijbe-867	309	2	may	may	AUX
aijbe-867	309	3	be	be	AUX
aijbe-867	309	4	noted	note	VERB
aijbe-867	309	5	that	that	SCONJ
aijbe-867	309	6	even	even	ADV
aijbe-867	309	7	in	in	ADP
aijbe-867	309	8	the	the	DET
aijbe-867	309	9	absence	absence	NOUN
aijbe-867	309	10	of	of	ADP
aijbe-867	309	11	co	co	NOUN
aijbe-867	309	12	-	-	NOUN
aijbe-867	309	13	integration	integration	NOUN
aijbe-867	309	14	,	,	PUNCT
aijbe-867	309	15	the	the	DET
aijbe-867	309	16	error	error	NOUN
aijbe-867	309	17	correction	correction	NOUN
aijbe-867	309	18	model	model	NOUN
aijbe-867	309	19	may	may	AUX
aijbe-867	309	20	be	be	AUX
aijbe-867	309	21	estimated	estimate	VERB
aijbe-867	309	22	to	to	PART
aijbe-867	309	23	detect	detect	VERB
aijbe-867	309	24	if	if	SCONJ
aijbe-867	309	25	there	there	PRON
aijbe-867	309	26	is	be	VERB
aijbe-867	309	27	any	any	DET
aijbe-867	309	28	short	short	ADJ
aijbe-867	309	29	run	run	NOUN
aijbe-867	309	30	granger	granger	NOUN
aijbe-867	309	31	causality	causality	NOUN
aijbe-867	309	32	.	.	PUNCT
aijbe-867	310	1	3.2.3	3.2.3	NUM
aijbe-867	310	2	nature	nature	NOUN
aijbe-867	310	3	and	and	CCONJ
aijbe-867	310	4	sources	source	NOUN
aijbe-867	310	5	of	of	ADP
aijbe-867	310	6	data	datum	NOUN
aijbe-867	310	7	the	the	DET
aijbe-867	310	8	data	datum	NOUN
aijbe-867	310	9	used	use	VERB
aijbe-867	310	10	in	in	ADP
aijbe-867	310	11	the	the	DET
aijbe-867	310	12	study	study	NOUN
aijbe-867	310	13	are	be	AUX
aijbe-867	310	14	collected	collect	VERB
aijbe-867	310	15	from	from	ADP
aijbe-867	310	16	various	various	ADJ
aijbe-867	310	17	publications	publication	NOUN
aijbe-867	310	18	of	of	ADP
aijbe-867	310	19	the	the	DET
aijbe-867	310	20	central	central	ADJ
aijbe-867	310	21	bank	bank	PROPN
aijbe-867	310	22	of	of	ADP
aijbe-867	310	23	nigeria	nigeria	PROPN
aijbe-867	310	24	and	and	CCONJ
aijbe-867	310	25	(	(	PUNCT
aijbe-867	310	26	cbn	cbn	PROPN
aijbe-867	310	27	)	)	PUNCT
aijbe-867	310	28	,	,	PUNCT
aijbe-867	310	29	world	world	NOUN
aijbe-867	310	30	development	development	PROPN
aijbe-867	310	31	indicator	indicator	PROPN
aijbe-867	310	32	(	(	PUNCT
aijbe-867	310	33	wdi	wdi	PROPN
aijbe-867	310	34	)	)	PUNCT
aijbe-867	310	35	,	,	PUNCT
aijbe-867	310	36	national	national	ADJ
aijbe-867	310	37	bureau	bureau	PROPN
aijbe-867	310	38	of	of	ADP
aijbe-867	310	39	statistic	statistic	PROPN
aijbe-867	310	40	(	(	PUNCT
aijbe-867	310	41	nbs	nbs	PROPN
aijbe-867	310	42	)	)	PUNCT
aijbe-867	310	43	.	.	PUNCT
aijbe-867	311	1	specifically	specifically	ADV
aijbe-867	311	2	,	,	PUNCT
aijbe-867	311	3	the	the	DET
aijbe-867	311	4	data	datum	NOUN
aijbe-867	311	5	used	use	VERB
aijbe-867	311	6	are	be	AUX
aijbe-867	311	7	time	time	NOUN
aijbe-867	311	8	series	series	PROPN
aijbe-867	311	9	data	data	PROPN
aijbe-867	311	10	,	,	PUNCT
aijbe-867	311	11	which	which	PRON
aijbe-867	311	12	includes	include	VERB
aijbe-867	311	13	the	the	DET
aijbe-867	311	14	exchange	exchange	NOUN
aijbe-867	311	15	rate	rate	NOUN
aijbe-867	311	16	(	(	PUNCT
aijbe-867	311	17	exch	exch	PROPN
aijbe-867	311	18	)	)	PUNCT
aijbe-867	311	19	,	,	PUNCT
aijbe-867	311	20	interest	interest	NOUN
aijbe-867	311	21	rate	rate	NOUN
aijbe-867	311	22	(	(	PUNCT
aijbe-867	311	23	intr	intr	PROPN
aijbe-867	311	24	)	)	PUNCT
aijbe-867	311	25	,	,	PUNCT
aijbe-867	311	26	inflation	inflation	NOUN
aijbe-867	311	27	(	(	PUNCT
aijbe-867	311	28	infl	infl	PROPN
aijbe-867	311	29	)	)	PUNCT
aijbe-867	311	30	,	,	PUNCT
aijbe-867	311	31	oil	oil	NOUN
aijbe-867	311	32	price	price	NOUN
aijbe-867	311	33	(	(	PUNCT
aijbe-867	311	34	oilp	oilp	ADJ
aijbe-867	311	35	)	)	PUNCT
aijbe-867	311	36	and	and	CCONJ
aijbe-867	311	37	real	real	ADJ
aijbe-867	311	38	gdp(rgdp	gdp(rgdp	NOUN
aijbe-867	311	39	)	)	PUNCT
aijbe-867	311	40	.	.	PUNCT
aijbe-867	312	1	3.2.4	3.2.4	NUM
aijbe-867	312	2	criteria	criterion	NOUN
aijbe-867	312	3	for	for	ADP
aijbe-867	312	4	model	model	NOUN
aijbe-867	312	5	evaluation	evaluation	NOUN
aijbe-867	312	6	to	to	PART
aijbe-867	312	7	analyse	analyse	VERB
aijbe-867	312	8	the	the	DET
aijbe-867	312	9	model	model	NOUN
aijbe-867	312	10	,	,	PUNCT
aijbe-867	312	11	we	we	PRON
aijbe-867	312	12	employed	employ	VERB
aijbe-867	312	13	the	the	DET
aijbe-867	312	14	economic	economic	ADJ
aijbe-867	312	15	criteria	criterion	NOUN
aijbe-867	312	16	which	which	PRON
aijbe-867	312	17	is	be	AUX
aijbe-867	312	18	used	use	VERB
aijbe-867	312	19	to	to	PART
aijbe-867	312	20	measure	measure	VERB
aijbe-867	312	21	the	the	DET
aijbe-867	312	22	sign	sign	NOUN
aijbe-867	312	23	and	and	CCONJ
aijbe-867	312	24	size	size	NOUN
aijbe-867	312	25	of	of	ADP
aijbe-867	312	26	the	the	DET
aijbe-867	312	27	parameters	parameter	NOUN
aijbe-867	312	28	in	in	ADP
aijbe-867	312	29	the	the	DET
aijbe-867	312	30	model	model	NOUN
aijbe-867	312	31	.	.	PUNCT
aijbe-867	313	1	statistical	statistical	ADJ
aijbe-867	313	2	criteria	criterion	NOUN
aijbe-867	313	3	:	:	PUNCT
aijbe-867	313	4	this	this	PRON
aijbe-867	313	5	includes	include	VERB
aijbe-867	313	6	the	the	DET
aijbe-867	313	7	t	t	PROPN
aijbe-867	313	8	-	-	PUNCT
aijbe-867	313	9	statistic	statistic	NOUN
aijbe-867	313	10	,	,	PUNCT
aijbe-867	313	11	f	f	X
aijbe-867	313	12	-	-	PUNCT
aijbe-867	313	13	statistic	statistic	NOUN
aijbe-867	313	14	,	,	PUNCT
aijbe-867	313	15	and	and	CCONJ
aijbe-867	313	16	𝑅2	𝑅2	ADV
aijbe-867	313	17	co	co	ADJ
aijbe-867	313	18	-	-	ADJ
aijbe-867	313	19	efficient	efficient	ADJ
aijbe-867	313	20	of	of	ADP
aijbe-867	313	21	determination	determination	NOUN
aijbe-867	313	22	(	(	PUNCT
aijbe-867	313	23	𝑹𝟐	𝑹𝟐	NOUN
aijbe-867	313	24	)	)	PUNCT
aijbe-867	313	25	coefficient	coefficient	NOUN
aijbe-867	313	26	of	of	ADP
aijbe-867	313	27	determination	determination	NOUN
aijbe-867	313	28	also	also	ADV
aijbe-867	313	29	known	know	VERB
aijbe-867	313	30	as	as	ADP
aijbe-867	313	31	r	r	PROPN
aijbe-867	313	32	square	square	NOUN
aijbe-867	313	33	(	(	PUNCT
aijbe-867	313	34	𝑅2	𝑅2	NOUN
aijbe-867	313	35	)	)	PUNCT
aijbe-867	313	36	or	or	CCONJ
aijbe-867	313	37	goodness	goodness	NOUN
aijbe-867	313	38	of	of	ADP
aijbe-867	313	39	fit	fit	ADJ
aijbe-867	313	40	tells	tell	VERB
aijbe-867	313	41	the	the	DET
aijbe-867	313	42	proportion	proportion	NOUN
aijbe-867	313	43	of	of	ADP
aijbe-867	313	44	the	the	DET
aijbe-867	313	45	total	total	ADJ
aijbe-867	313	46	variable	variable	NOUN
aijbe-867	313	47	in	in	ADP
aijbe-867	313	48	the	the	DET
aijbe-867	313	49	dependent	dependent	ADJ
aijbe-867	313	50	variable	variable	NOUN
aijbe-867	313	51	y	y	PROPN
aijbe-867	313	52	that	that	PRON
aijbe-867	313	53	is	be	AUX
aijbe-867	313	54	explained	explain	VERB
aijbe-867	313	55	by	by	ADP
aijbe-867	313	56	the	the	DET
aijbe-867	313	57	regression	regression	NOUN
aijbe-867	313	58	line	line	NOUN
aijbe-867	313	59	or	or	CCONJ
aijbe-867	313	60	the	the	DET
aijbe-867	313	61	explanatory	explanatory	ADJ
aijbe-867	313	62	variables	variable	NOUN
aijbe-867	313	63	x.	x.	VERB
aijbe-867	314	1	in	in	ADP
aijbe-867	314	2	a	a	DET
aijbe-867	314	3	single	single	ADJ
aijbe-867	314	4	/	/	SYM
aijbe-867	314	5	simple	simple	ADJ
aijbe-867	314	6	regression	regression	NOUN
aijbe-867	314	7	model	model	NOUN
aijbe-867	314	8	,	,	PUNCT
aijbe-867	314	9	it	it	PRON
aijbe-867	314	10	is	be	AUX
aijbe-867	314	11	the	the	DET
aijbe-867	314	12	square	square	NOUN
aijbe-867	314	13	of	of	ADP
aijbe-867	314	14	the	the	DET
aijbe-867	314	15	correlation	correlation	NOUN
aijbe-867	314	16	coefficient	coefficient	NOUN
aijbe-867	314	17	in	in	ADP
aijbe-867	314	18	a	a	DET
aijbe-867	314	19	simple	simple	ADJ
aijbe-867	314	20	regression	regression	NOUN
aijbe-867	314	21	model	model	NOUN
aijbe-867	314	22	.	.	PUNCT
aijbe-867	315	1	the	the	DET
aijbe-867	315	2	value	value	NOUN
aijbe-867	315	3	of	of	ADP
aijbe-867	315	4	the	the	DET
aijbe-867	315	5	𝑅2	𝑅2	NOUN
aijbe-867	315	6	lies	lie	VERB
aijbe-867	315	7	between	between	ADP
aijbe-867	315	8	0	0	NUM
aijbe-867	315	9	and	and	CCONJ
aijbe-867	315	10	1	1	NUM
aijbe-867	315	11	i.e.	i.e.	X
aijbe-867	315	12	0	0	NUM
aijbe-867	315	13	<	<	X
aijbe-867	315	14	𝑅2<1	𝑅2<1	VERB
aijbe-867	315	15	when	when	SCONJ
aijbe-867	315	16	the	the	DET
aijbe-867	315	17	𝑅2	𝑅2	NOUN
aijbe-867	315	18	=	=	SYM
aijbe-867	315	19	0	0	NUM
aijbe-867	315	20	,	,	PUNCT
aijbe-867	315	21	it	it	PRON
aijbe-867	315	22	means	mean	VERB
aijbe-867	315	23	the	the	DET
aijbe-867	315	24	explanatory	explanatory	ADJ
aijbe-867	315	25	variable	variable	NOUN
aijbe-867	315	26	do	do	AUX
aijbe-867	315	27	not	not	PART
aijbe-867	315	28	explain	explain	VERB
aijbe-867	315	29	the	the	DET
aijbe-867	315	30	dependent	dependent	ADJ
aijbe-867	315	31	variable	variable	NOUN
aijbe-867	315	32	and	and	CCONJ
aijbe-867	315	33	when	when	SCONJ
aijbe-867	315	34	the	the	DET
aijbe-867	315	35	𝑅2	𝑅2	NOUN
aijbe-867	315	36	=	=	SYM
aijbe-867	315	37	1	1	NUM
aijbe-867	315	38	,	,	PUNCT
aijbe-867	315	39	it	it	PRON
aijbe-867	315	40	means	mean	VERB
aijbe-867	315	41	the	the	DET
aijbe-867	315	42	model	model	NOUN
aijbe-867	315	43	is	be	AUX
aijbe-867	315	44	best	well	ADV
aijbe-867	315	45	fit	fit	ADJ
aijbe-867	315	46	.	.	PUNCT
aijbe-867	316	1	if	if	SCONJ
aijbe-867	316	2	the	the	DET
aijbe-867	316	3	𝑅2	𝑅2	NOUN
aijbe-867	316	4	is	be	AUX
aijbe-867	316	5	multiplied	multiply	VERB
aijbe-867	316	6	by	by	ADP
aijbe-867	316	7	100	100	NUM
aijbe-867	316	8	,	,	PUNCT
aijbe-867	316	9	then	then	ADV
aijbe-867	316	10	it	it	PRON
aijbe-867	316	11	shows	show	VERB
aijbe-867	316	12	the	the	DET
aijbe-867	316	13	percentage	percentage	NOUN
aijbe-867	316	14	of	of	ADP
aijbe-867	316	15	total	total	ADJ
aijbe-867	316	16	variation	variation	NOUN
aijbe-867	316	17	in	in	ADP
aijbe-867	316	18	y	y	PROPN
aijbe-867	316	19	the	the	DET
aijbe-867	316	20	dependent	dependent	ADJ
aijbe-867	316	21	variable	variable	NOUN
aijbe-867	316	22	that	that	PRON
aijbe-867	316	23	is	be	AUX
aijbe-867	316	24	explained	explain	VERB
aijbe-867	316	25	by	by	ADP
aijbe-867	316	26	variation	variation	NOUN
aijbe-867	316	27	/	/	SYM
aijbe-867	316	28	changes	change	NOUN
aijbe-867	316	29	in	in	ADP
aijbe-867	316	30	x.	x.	NOUN
aijbe-867	316	31	the	the	PRON
aijbe-867	316	32	closer	close	ADV
aijbe-867	316	33	the	the	DET
aijbe-867	316	34	𝑅2	𝑅2	NOUN
aijbe-867	316	35	is	be	AUX
aijbe-867	316	36	to	to	ADP
aijbe-867	316	37	one	one	NUM
aijbe-867	316	38	.	.	PUNCT
aijbe-867	317	1	the	the	DET
aijbe-867	317	2	stronger	strong	ADJ
aijbe-867	317	3	is	be	AUX
aijbe-867	317	4	the	the	DET
aijbe-867	317	5	explanatory	explanatory	ADJ
aijbe-867	317	6	power	power	NOUN
aijbe-867	317	7	of	of	ADP
aijbe-867	317	8	the	the	DET
aijbe-867	317	9	estimated	estimate	VERB
aijbe-867	317	10	regression	regression	NOUN
aijbe-867	317	11	line	line	NOUN
aijbe-867	317	12	,	,	PUNCT
aijbe-867	317	13	and	and	CCONJ
aijbe-867	317	14	thus	thus	ADV
aijbe-867	317	15	the	the	DET
aijbe-867	317	16	closer	close	ADJ
aijbe-867	317	17	are	be	AUX
aijbe-867	317	18	the	the	DET
aijbe-867	317	19	observation	observation	NOUN
aijbe-867	317	20	to	to	ADP
aijbe-867	317	21	the	the	DET
aijbe-867	317	22	line	line	NOUN
aijbe-867	317	23	.	.	PUNCT
aijbe-867	318	1	if	if	SCONJ
aijbe-867	318	2	𝑅2	𝑅2	NOUN
aijbe-867	318	3	=	=	NOUN
aijbe-867	318	4	0.56	0.56	NUM
aijbe-867	318	5	it	it	PRON
aijbe-867	318	6	means	mean	VERB
aijbe-867	318	7	that	that	SCONJ
aijbe-867	318	8	56	56	NUM
aijbe-867	318	9	%	%	NOUN
aijbe-867	318	10	of	of	ADP
aijbe-867	318	11	total	total	ADJ
aijbe-867	318	12	variation	variation	NOUN
aijbe-867	318	13	in	in	ADP
aijbe-867	318	14	y	y	PROPN
aijbe-867	318	15	is	be	AUX
aijbe-867	318	16	explained	explain	VERB
aijbe-867	318	17	by	by	ADP
aijbe-867	318	18	the	the	DET
aijbe-867	318	19	regression	regression	NOUN
aijbe-867	318	20	line	line	NOUN
aijbe-867	318	21	/	/	SYM
aijbe-867	318	22	changes	change	NOUN
aijbe-867	318	23	in	in	ADP
aijbe-867	318	24	x	x	X
aijbe-867	318	25	and	and	CCONJ
aijbe-867	318	26	the	the	DET
aijbe-867	318	27	other	other	ADJ
aijbe-867	318	28	44	44	NUM
aijbe-867	318	29	remains	remain	NOUN
aijbe-867	318	30	unexplained	unexplained	ADJ
aijbe-867	318	31	by	by	ADP
aijbe-867	318	32	x.	x.	NOUN
aijbe-867	318	33	test	test	NOUN
aijbe-867	318	34	of	of	ADP
aijbe-867	318	35	individual	individual	ADJ
aijbe-867	318	36	statistics	statistic	NOUN
aijbe-867	318	37	of	of	ADP
aijbe-867	318	38	the	the	DET
aijbe-867	318	39	slope	slope	NOUN
aijbe-867	318	40	coefficient	coefficient	NOUN
aijbe-867	318	41	(	(	PUNCT
aijbe-867	318	42	t.	t.	NOUN
aijbe-867	318	43	test	test	NOUN
aijbe-867	318	44	)	)	PUNCT
aijbe-867	318	45	this	this	PRON
aijbe-867	318	46	tests	test	VERB
aijbe-867	318	47	the	the	DET
aijbe-867	318	48	individual	individual	ADJ
aijbe-867	318	49	significance	significance	NOUN
aijbe-867	318	50	of	of	ADP
aijbe-867	318	51	the	the	DET
aijbe-867	318	52	co	co	NOUN
aijbe-867	318	53	-	-	ADJ
aijbe-867	318	54	efficient	efficient	ADJ
aijbe-867	318	55	,	,	PUNCT
aijbe-867	318	56	to	to	PART
aijbe-867	318	57	do	do	VERB
aijbe-867	318	58	this	this	PRON
aijbe-867	318	59	,	,	PUNCT
aijbe-867	318	60	we	we	PRON
aijbe-867	318	61	test	test	VERB
aijbe-867	318	62	the	the	DET
aijbe-867	318	63	null	null	ADJ
aijbe-867	318	64	hypothesis	hypothesis	NOUN
aijbe-867	318	65	that	that	PRON
aijbe-867	318	66	bi=	bi=	ADJ
aijbe-867	318	67	0	0	PUNCT
aijbe-867	319	1	against	against	ADP
aijbe-867	319	2	the	the	DET
aijbe-867	319	3	alternative	alternative	ADJ
aijbe-867	319	4	hypothesis	hypothesis	NOUN
aijbe-867	319	5	that	that	SCONJ
aijbe-867	319	6	bi	bi	NOUN
aijbe-867	319	7	.	.	PROPN
aijbe-867	319	8	≠0	≠0	NOUN
aijbe-867	319	9	in	in	ADP
aijbe-867	319	10	employing	employ	VERB
aijbe-867	319	11	the	the	DET
aijbe-867	319	12	t	t	PROPN
aijbe-867	319	13	test	test	NOUN
aijbe-867	319	14	,	,	PUNCT
aijbe-867	319	15	we	we	PRON
aijbe-867	319	16	compare	compare	VERB
aijbe-867	319	17	the	the	DET
aijbe-867	319	18	computed	computed	ADJ
aijbe-867	319	19	t	t	NOUN
aijbe-867	319	20	-	-	PUNCT
aijbe-867	319	21	value	value	NOUN
aijbe-867	319	22	with	with	ADP
aijbe-867	319	23	the	the	DET
aijbe-867	319	24	value	value	NOUN
aijbe-867	319	25	read	read	VERB
aijbe-867	319	26	from	from	ADP
aijbe-867	319	27	the	the	DET
aijbe-867	319	28	student	student	NOUN
aijbe-867	319	29	’s	’s	PART
aijbe-867	319	30	t	t	NOUN
aijbe-867	319	31	table	table	NOUN
aijbe-867	319	32	at	at	ADP
aijbe-867	319	33	given	give	VERB
aijbe-867	319	34	level	level	NOUN
aijbe-867	319	35	of	of	ADP
aijbe-867	319	36	significance	significance	NOUN
aijbe-867	319	37	,	,	PUNCT
aijbe-867	319	38	(	(	PUNCT
aijbe-867	319	39	α	α	NOUN
aijbe-867	319	40	)	)	PUNCT
aijbe-867	319	41	and	and	CCONJ
aijbe-867	319	42	n	n	CCONJ
aijbe-867	319	43	-	-	PUNCT
aijbe-867	319	44	k	k	NOUN
aijbe-867	319	45	degree	degree	NOUN
aijbe-867	319	46	of	of	ADP
aijbe-867	319	47	freedom/	freedom/	NUM
aijbe-867	319	48	if	if	SCONJ
aijbe-867	319	49	the	the	DET
aijbe-867	319	50	absolute	absolute	ADJ
aijbe-867	319	51	value	value	NOUN
aijbe-867	319	52	of	of	ADP
aijbe-867	319	53	the	the	DET
aijbe-867	319	54	computed	compute	VERB
aijbe-867	319	55	t	t	NOUN
aijbe-867	319	56	value	value	NOUN
aijbe-867	319	57	is	be	AUX
aijbe-867	319	58	greater	great	ADJ
aijbe-867	319	59	than	than	ADP
aijbe-867	319	60	the	the	DET
aijbe-867	319	61	absolute	absolute	ADJ
aijbe-867	319	62	value	value	NOUN
aijbe-867	319	63	of	of	ADP
aijbe-867	319	64	the	the	DET
aijbe-867	319	65	theoretical	theoretical	ADJ
aijbe-867	319	66	,	,	PUNCT
aijbe-867	319	67	t	t	NOUN
aijbe-867	319	68	value	value	NOUN
aijbe-867	319	69	,	,	PUNCT
aijbe-867	319	70	we	we	PRON
aijbe-867	319	71	reject	reject	VERB
aijbe-867	319	72	the	the	DET
aijbe-867	319	73	null	null	ADJ
aijbe-867	319	74	hypothesis	hypothesis	NOUN
aijbe-867	319	75	(	(	PUNCT
aijbe-867	319	76	h0	h0	PROPN
aijbe-867	319	77	)	)	PUNCT
aijbe-867	319	78	at	at	ADP
aijbe-867	319	79	the	the	DET
aijbe-867	319	80	given	give	VERB
aijbe-867	319	81	level	level	NOUN
aijbe-867	319	82	of	of	ADP
aijbe-867	319	83	significance	significance	NOUN
aijbe-867	319	84	i.e.	i.e.	X
aijbe-867	319	85	if	if	SCONJ
aijbe-867	319	86	𝑡𝑐𝑎𝑙>𝑡𝑡𝑎𝑏	𝑡𝑐𝑎𝑙>𝑡𝑡𝑎𝑏	NUM
aijbe-867	319	87	,	,	PUNCT
aijbe-867	319	88	reject	reject	PROPN
aijbe-867	319	89	h0	h0	PROPN
aijbe-867	319	90	;	;	PUNCT
aijbe-867	319	91	accept	accept	VERB
aijbe-867	319	92	h1	h1	PROPN
aijbe-867	319	93	𝑡𝑐𝑎𝑙<𝑡𝑡𝑎𝑏	𝑡𝑐𝑎𝑙<𝑡𝑡𝑎𝑏	NOUN
aijbe-867	319	94	,	,	PUNCT
aijbe-867	319	95	accept	accept	VERB
aijbe-867	319	96	h0	h0	PROPN
aijbe-867	319	97	,	,	PUNCT
aijbe-867	319	98	reject	reject	VERB
aijbe-867	319	99	h1	h1	PROPN
aijbe-867	319	100	.	.	PUNCT
aijbe-867	320	1	alternatively	alternatively	ADV
aijbe-867	320	2	,	,	PUNCT
aijbe-867	320	3	the	the	DET
aijbe-867	320	4	rule	rule	NOUN
aijbe-867	320	5	of	of	ADP
aijbe-867	320	6	thumb	thumb	NOUN
aijbe-867	320	7	can	can	AUX
aijbe-867	320	8	be	be	AUX
aijbe-867	320	9	used	use	VERB
aijbe-867	320	10	,	,	PUNCT
aijbe-867	320	11	which	which	PRON
aijbe-867	320	12	state	state	VERB
aijbe-867	320	13	that	that	SCONJ
aijbe-867	320	14	if	if	SCONJ
aijbe-867	320	15	the	the	DET
aijbe-867	320	16	𝑡𝑐𝑎𝑙	𝑡𝑐𝑎𝑙	NOUN
aijbe-867	320	17	is	be	AUX
aijbe-867	320	18	greater	great	ADJ
aijbe-867	320	19	than	than	ADP
aijbe-867	320	20	2	2	NUM
aijbe-867	320	21	at	at	ADP
aijbe-867	320	22	the	the	DET
aijbe-867	320	23	5	5	NUM
aijbe-867	320	24	percent	percent	NOUN
aijbe-867	320	25	level	level	NOUN
aijbe-867	320	26	of	of	ADP
aijbe-867	320	27	significance	significance	NOUN
aijbe-867	320	28	,	,	PUNCT
aijbe-867	320	29	we	we	PRON
aijbe-867	320	30	reject	reject	VERB
aijbe-867	320	31	the	the	DET
aijbe-867	320	32	null	null	ADJ
aijbe-867	320	33	hypothesis	hypothesis	NOUN
aijbe-867	320	34	and	and	CCONJ
aijbe-867	320	35	conclude	conclude	VERB
aijbe-867	320	36	that	that	SCONJ
aijbe-867	320	37	the	the	DET
aijbe-867	320	38	parameter	parameter	NOUN
aijbe-867	320	39	is	be	AUX
aijbe-867	320	40	statistically	statistically	ADV
aijbe-867	320	41	significant	significant	ADJ
aijbe-867	320	42	in	in	ADP
aijbe-867	320	43	explaining	explain	VERB
aijbe-867	320	44	the	the	DET
aijbe-867	320	45	dependent	dependent	ADJ
aijbe-867	320	46	variables	variable	NOUN
aijbe-867	320	47	.	.	PUNCT
aijbe-867	321	1	ikemenogo	ikemenogo	PROPN
aijbe-867	321	2	,	,	PUNCT
aijbe-867	321	3	eze	eze	PROPN
aijbe-867	321	4	solomon	solomon	PROPN
aijbe-867	321	5	(	(	PUNCT
aijbe-867	321	6	2024	2024	NUM
aijbe-867	321	7	)	)	PUNCT
aijbe-867	321	8	american	american	ADJ
aijbe-867	321	9	interdisciplinary	interdisciplinary	ADJ
aijbe-867	321	10	journal	journal	NOUN
aijbe-867	321	11	of	of	ADP
aijbe-867	321	12	business	business	NOUN
aijbe-867	321	13	and	and	CCONJ
aijbe-867	321	14	economics	economic	NOUN
aijbe-867	321	15	|	|	ADV
aijbe-867	321	16	48	48	NUM
aijbe-867	321	17	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	VERB
aijbe-867	321	18	the	the	DET
aijbe-867	321	19	f	f	PROPN
aijbe-867	321	20	statistic	statistic	NOUN
aijbe-867	321	21	(	(	PUNCT
aijbe-867	321	22	test	test	NOUN
aijbe-867	321	23	for	for	ADP
aijbe-867	321	24	overall	overall	ADJ
aijbe-867	321	25	significance	significance	NOUN
aijbe-867	321	26	of	of	ADP
aijbe-867	321	27	the	the	DET
aijbe-867	321	28	model	model	NOUN
aijbe-867	321	29	)	)	PUNCT
aijbe-867	321	30	this	this	PRON
aijbe-867	321	31	is	be	AUX
aijbe-867	321	32	used	use	VERB
aijbe-867	321	33	to	to	PART
aijbe-867	321	34	test	test	VERB
aijbe-867	321	35	for	for	ADP
aijbe-867	321	36	the	the	DET
aijbe-867	321	37	statistical	statistical	ADJ
aijbe-867	321	38	significance	significance	NOUN
aijbe-867	321	39	of	of	ADP
aijbe-867	321	40	the	the	DET
aijbe-867	321	41	entire	entire	ADJ
aijbe-867	321	42	slope	slope	NOUN
aijbe-867	321	43	coefficient	coefficient	NOUN
aijbe-867	321	44	jointly	jointly	ADV
aijbe-867	321	45	on	on	ADP
aijbe-867	321	46	the	the	DET
aijbe-867	321	47	dependent	dependent	ADJ
aijbe-867	321	48	variable	variable	NOUN
aijbe-867	321	49	using	use	VERB
aijbe-867	321	50	a	a	DET
aijbe-867	321	51	level	level	NOUN
aijbe-867	321	52	of	of	ADP
aijbe-867	321	53	significance	significance	NOUN
aijbe-867	321	54	.	.	PUNCT
aijbe-867	322	1	the	the	DET
aijbe-867	322	2	f	f	PROPN
aijbe-867	322	3	statistic	statistic	NOUN
aijbe-867	322	4	is	be	AUX
aijbe-867	322	5	done	do	VERB
aijbe-867	322	6	by	by	ADP
aijbe-867	322	7	comparing	compare	VERB
aijbe-867	322	8	the	the	DET
aijbe-867	322	9	𝐹𝑐𝑎𝑙with	𝐹𝑐𝑎𝑙with	PROPN
aijbe-867	322	10	the	the	DET
aijbe-867	322	11	f	f	PROPN
aijbe-867	322	12	tabulated	tabulate	VERB
aijbe-867	322	13	.	.	PUNCT
aijbe-867	323	1	when	when	SCONJ
aijbe-867	323	2	the	the	DET
aijbe-867	323	3	𝐹𝑐𝑎𝑙	𝐹𝑐𝑎𝑙	PROPN
aijbe-867	323	4	is	be	AUX
aijbe-867	323	5	greater	great	ADJ
aijbe-867	323	6	than	than	ADP
aijbe-867	323	7	the	the	DET
aijbe-867	323	8	𝐹𝑡𝑎𝑏	𝐹𝑡𝑎𝑏	PROPN
aijbe-867	323	9	we	we	PRON
aijbe-867	323	10	reject	reject	VERB
aijbe-867	323	11	the	the	DET
aijbe-867	323	12	null	null	ADJ
aijbe-867	323	13	hypothesis	hypothesis	NOUN
aijbe-867	323	14	and	and	CCONJ
aijbe-867	323	15	conclude	conclude	VERB
aijbe-867	323	16	that	that	SCONJ
aijbe-867	323	17	the	the	DET
aijbe-867	323	18	entire	entire	ADJ
aijbe-867	323	19	variable	variable	NOUN
aijbe-867	323	20	put	put	VERB
aijbe-867	323	21	together	together	ADV
aijbe-867	323	22	is	be	AUX
aijbe-867	323	23	statistically	statistically	ADV
aijbe-867	323	24	significant	significant	ADJ
aijbe-867	323	25	in	in	ADP
aijbe-867	323	26	explaining	explain	VERB
aijbe-867	323	27	the	the	DET
aijbe-867	323	28	dependent	dependent	ADJ
aijbe-867	323	29	variable	variable	NOUN
aijbe-867	323	30	.	.	PUNCT
aijbe-867	324	1	econometric	econometric	ADJ
aijbe-867	324	2	criteria	criterion	NOUN
aijbe-867	324	3	this	this	PRON
aijbe-867	324	4	includes	include	VERB
aijbe-867	324	5	the	the	DET
aijbe-867	324	6	test	test	NOUN
aijbe-867	324	7	for	for	ADP
aijbe-867	324	8	serial	serial	ADJ
aijbe-867	324	9	correlation	correlation	NOUN
aijbe-867	324	10	.	.	PUNCT
aijbe-867	325	1	d.w	d.w	VERB
aijbe-867	325	2	statistic	statistic	ADJ
aijbe-867	325	3	durbin	durbin	ADJ
aijbe-867	325	4	–	–	PUNCT
aijbe-867	325	5	watson	watson	PROPN
aijbe-867	325	6	test	test	NOUN
aijbe-867	325	7	it	it	PRON
aijbe-867	325	8	is	be	AUX
aijbe-867	325	9	the	the	DET
aijbe-867	325	10	most	most	ADV
aijbe-867	325	11	popular	popular	ADJ
aijbe-867	325	12	test	test	NOUN
aijbe-867	325	13	for	for	ADP
aijbe-867	325	14	serial	serial	NOUN
aijbe-867	325	15	/	/	SYM
aijbe-867	325	16	autocorrelation	autocorrelation	NOUN
aijbe-867	325	17	.	.	PUNCT
aijbe-867	326	1	the	the	DET
aijbe-867	326	2	durbin	durbin	PROPN
aijbe-867	326	3	-	-	PUNCT
aijbe-867	326	4	watson	watson	NOUN
aijbe-867	326	5	statistic	statistic	NOUN
aijbe-867	326	6	is	be	AUX
aijbe-867	326	7	used	use	VERB
aijbe-867	326	8	to	to	PART
aijbe-867	326	9	test	test	VERB
aijbe-867	326	10	the	the	DET
aijbe-867	326	11	presence	presence	NOUN
aijbe-867	326	12	of	of	ADP
aijbe-867	326	13	serial	serial	ADJ
aijbe-867	326	14	correlation	correlation	NOUN
aijbe-867	326	15	in	in	ADP
aijbe-867	326	16	a	a	DET
aijbe-867	326	17	model	model	NOUN
aijbe-867	326	18	,	,	PUNCT
aijbe-867	326	19	to	to	PART
aijbe-867	326	20	determine	determine	VERB
aijbe-867	326	21	whether	whether	SCONJ
aijbe-867	326	22	there	there	PRON
aijbe-867	326	23	is	be	VERB
aijbe-867	326	24	serial	serial	ADJ
aijbe-867	326	25	correlation	correlation	NOUN
aijbe-867	326	26	in	in	ADP
aijbe-867	326	27	the	the	DET
aijbe-867	326	28	model	model	NOUN
aijbe-867	326	29	,	,	PUNCT
aijbe-867	326	30	we	we	PRON
aijbe-867	326	31	compare	compare	VERB
aijbe-867	326	32	the	the	DET
aijbe-867	326	33	durbin	durbin	ADJ
aijbe-867	326	34	watson	watson	PROPN
aijbe-867	326	35	value	value	NOUN
aijbe-867	326	36	from	from	ADP
aijbe-867	326	37	the	the	DET
aijbe-867	326	38	model	model	NOUN
aijbe-867	326	39	to	to	ADP
aijbe-867	326	40	the	the	DET
aijbe-867	326	41	durbin	durbin	NOUN
aijbe-867	326	42	-	-	PUNCT
aijbe-867	326	43	watson	watson	NOUN
aijbe-867	326	44	critical	critical	ADJ
aijbe-867	326	45	value	value	NOUN
aijbe-867	326	46	at	at	ADP
aijbe-867	326	47	5	5	NUM
aijbe-867	326	48	%	%	NOUN
aijbe-867	326	49	.	.	PUNCT
aijbe-867	327	1	if	if	SCONJ
aijbe-867	327	2	the	the	DET
aijbe-867	327	3	value	value	NOUN
aijbe-867	327	4	of	of	ADP
aijbe-867	327	5	durbin	durbin	PROPN
aijbe-867	327	6	watson	watson	PROPN
aijbe-867	327	7	lies	lie	VERB
aijbe-867	327	8	between	between	ADP
aijbe-867	327	9	the	the	DET
aijbe-867	327	10	upper	upper	ADJ
aijbe-867	327	11	limit	limit	NOUN
aijbe-867	327	12	and	and	CCONJ
aijbe-867	327	13	four	four	NUM
aijbe-867	327	14	minus	minus	CCONJ
aijbe-867	327	15	upper	upper	ADJ
aijbe-867	327	16	limits	limit	NOUN
aijbe-867	327	17	(	(	PUNCT
aijbe-867	327	18	i.e.	i.e.	X
aijbe-867	327	19	u	u	NOUN
aijbe-867	327	20	<	<	X
aijbe-867	327	21	dw<4	dw<4	PROPN
aijbe-867	327	22	-	-	PUNCT
aijbe-867	327	23	du	du	NOUN
aijbe-867	327	24	)	)	PUNCT
aijbe-867	327	25	,	,	PUNCT
aijbe-867	327	26	we	we	PRON
aijbe-867	327	27	reject	reject	VERB
aijbe-867	327	28	the	the	DET
aijbe-867	327	29	null	null	ADJ
aijbe-867	327	30	hypothesis	hypothesis	NOUN
aijbe-867	327	31	at	at	ADP
aijbe-867	327	32	the	the	DET
aijbe-867	327	33	5	5	NUM
aijbe-867	327	34	percent	percent	NOUN
aijbe-867	327	35	level	level	NOUN
aijbe-867	327	36	of	of	ADP
aijbe-867	327	37	significance	significance	NOUN
aijbe-867	327	38	and	and	CCONJ
aijbe-867	327	39	conclude	conclude	VERB
aijbe-867	327	40	that	that	SCONJ
aijbe-867	327	41	there	there	PRON
aijbe-867	327	42	is	be	VERB
aijbe-867	327	43	no	no	DET
aijbe-867	327	44	autocorrelation	autocorrelation	NOUN
aijbe-867	327	45	(	(	PUNCT
aijbe-867	327	46	positive	positive	ADJ
aijbe-867	327	47	or	or	CCONJ
aijbe-867	327	48	negative	negative	ADJ
aijbe-867	327	49	autocorrelation	autocorrelation	NOUN
aijbe-867	327	50	)	)	PUNCT
aijbe-867	327	51	in	in	ADP
aijbe-867	327	52	the	the	DET
aijbe-867	327	53	model	model	NOUN
aijbe-867	327	54	.	.	PUNCT
aijbe-867	328	1	table	table	NOUN
aijbe-867	328	2	3.2.5	3.2.5	NUM
aijbe-867	328	3	:	:	PUNCT
aijbe-867	328	4	definitions	definition	NOUN
aijbe-867	328	5	and	and	CCONJ
aijbe-867	328	6	measurement	measurement	NOUN
aijbe-867	328	7	of	of	ADP
aijbe-867	328	8	variables	variable	NOUN
aijbe-867	328	9	s	s	PROPN
aijbe-867	328	10	/	/	SYM
aijbe-867	328	11	n	n	CCONJ
aijbe-867	328	12	variable	variable	ADJ
aijbe-867	328	13	symbol	symbol	NOUN
aijbe-867	328	14	measurement	measurement	NOUN
aijbe-867	328	15	1	1	NUM
aijbe-867	329	1	all	all	DET
aijbe-867	329	2	shares	share	NOUN
aijbe-867	329	3	index	index	NOUN
aijbe-867	329	4	asi	asi	NOUN
aijbe-867	329	5	obtained	obtain	VERB
aijbe-867	329	6	by	by	ADP
aijbe-867	329	7	multiplying	multiply	VERB
aijbe-867	329	8	the	the	DET
aijbe-867	329	9	price	price	NOUN
aijbe-867	329	10	/	/	SYM
aijbe-867	329	11	share	share	NOUN
aijbe-867	329	12	by	by	ADP
aijbe-867	329	13	the	the	DET
aijbe-867	329	14	no	no	NOUN
aijbe-867	329	15	.	.	PUNCT
aijbe-867	329	16	of	of	ADP
aijbe-867	329	17	shares	share	NOUN
aijbe-867	329	18	outstanding	outstanding	ADJ
aijbe-867	329	19	2	2	NUM
aijbe-867	329	20	exchange	exchange	NOUN
aijbe-867	329	21	rate	rate	NOUN
aijbe-867	329	22	exch	exch	PROPN
aijbe-867	329	23	the	the	DET
aijbe-867	329	24	price	price	NOUN
aijbe-867	329	25	of	of	ADP
aijbe-867	329	26	one	one	NUM
aijbe-867	329	27	country	country	NOUN
aijbe-867	329	28	’s	’s	PART
aijbe-867	329	29	currency	currency	NOUN
aijbe-867	329	30	expressed	express	VERB
aijbe-867	329	31	in	in	ADP
aijbe-867	329	32	another	another	DET
aijbe-867	329	33	country	country	NOUN
aijbe-867	329	34	currency	currency	NOUN
aijbe-867	329	35	3	3	NUM
aijbe-867	329	36	inflation	inflation	NOUN
aijbe-867	329	37	rate	rate	NOUN
aijbe-867	329	38	infl	infl	PROPN
aijbe-867	329	39	the	the	DET
aijbe-867	329	40	rate	rate	NOUN
aijbe-867	329	41	of	of	ADP
aijbe-867	329	42	inflation	inflation	NOUN
aijbe-867	329	43	reported	report	VERB
aijbe-867	329	44	in	in	ADP
aijbe-867	329	45	cbn	cbn	PROPN
aijbe-867	329	46	statistical	statistical	ADJ
aijbe-867	329	47	bulletin	bulletin	NOUN
aijbe-867	329	48	4	4	NUM
aijbe-867	329	49	interest	interest	NOUN
aijbe-867	329	50	rate	rate	NOUN
aijbe-867	329	51	intr	intr	VERB
aijbe-867	329	52	an	an	DET
aijbe-867	329	53	accrued	accrue	VERB
aijbe-867	329	54	amount	amount	NOUN
aijbe-867	329	55	that	that	PRON
aijbe-867	329	56	includes	include	VERB
aijbe-867	329	57	principal	principal	NOUN
aijbe-867	329	58	plus	plus	CCONJ
aijbe-867	329	59	interest	interest	NOUN
aijbe-867	329	60	5	5	NUM
aijbe-867	329	61	real	real	ADJ
aijbe-867	329	62	gdp	gdp	NOUN
aijbe-867	329	63	rgdp	rgdp	PROPN
aijbe-867	329	64	real	real	ADJ
aijbe-867	329	65	gross	gross	ADJ
aijbe-867	329	66	domestic	domestic	ADJ
aijbe-867	329	67	product	product	NOUN
aijbe-867	329	68	6	6	NUM
aijbe-867	329	69	oil	oil	NOUN
aijbe-867	329	70	prices	price	NOUN
aijbe-867	329	71	oilp	oilp	VERB
aijbe-867	329	72	the	the	DET
aijbe-867	329	73	price	price	NOUN
aijbe-867	329	74	of	of	ADP
aijbe-867	329	75	bulk	bulk	ADJ
aijbe-867	329	76	oil	oil	NOUN
aijbe-867	329	77	,	,	PUNCT
aijbe-867	329	78	usually	usually	ADV
aijbe-867	329	79	quoted	quote	VERB
aijbe-867	329	80	in	in	ADP
aijbe-867	329	81	us	us	PROPN
aijbe-867	329	82	dollars	dollar	NOUN
aijbe-867	329	83	per	per	ADP
aijbe-867	329	84	barrel	barrel	NOUN
aijbe-867	329	85	presentation	presentation	NOUN
aijbe-867	329	86	and	and	CCONJ
aijbe-867	329	87	analysis	analysis	NOUN
aijbe-867	329	88	of	of	ADP
aijbe-867	329	89	results	result	NOUN
aijbe-867	329	90	4.1	4.1	NUM
aijbe-867	329	91	presentation	presentation	NOUN
aijbe-867	329	92	of	of	ADP
aijbe-867	329	93	results	result	NOUN
aijbe-867	329	94	4.1.1	4.1.1	NUM
aijbe-867	329	95	trend	trend	NOUN
aijbe-867	329	96	analysis	analysis	NOUN
aijbe-867	329	97	in	in	ADP
aijbe-867	329	98	this	this	DET
aijbe-867	329	99	section	section	NOUN
aijbe-867	329	100	,	,	PUNCT
aijbe-867	329	101	graphical	graphical	ADJ
aijbe-867	329	102	illustrations	illustration	NOUN
aijbe-867	329	103	of	of	ADP
aijbe-867	329	104	the	the	DET
aijbe-867	329	105	various	various	ADJ
aijbe-867	329	106	variables	variable	NOUN
aijbe-867	329	107	that	that	PRON
aijbe-867	329	108	were	be	AUX
aijbe-867	329	109	used	use	VERB
aijbe-867	329	110	within	within	ADP
aijbe-867	329	111	the	the	DET
aijbe-867	329	112	time	time	NOUN
aijbe-867	329	113	to	to	PART
aijbe-867	329	114	see	see	VERB
aijbe-867	329	115	their	their	PRON
aijbe-867	329	116	direction	direction	NOUN
aijbe-867	329	117	were	be	AUX
aijbe-867	329	118	conducted	conduct	VERB
aijbe-867	329	119	and	and	CCONJ
aijbe-867	329	120	this	this	PRON
aijbe-867	329	121	helps	help	VERB
aijbe-867	329	122	to	to	PART
aijbe-867	329	123	show	show	VERB
aijbe-867	329	124	whether	whether	SCONJ
aijbe-867	329	125	they	they	PRON
aijbe-867	329	126	are	be	AUX
aijbe-867	329	127	increasing	increase	VERB
aijbe-867	329	128	or	or	CCONJ
aijbe-867	329	129	not	not	PART
aijbe-867	329	130	and	and	CCONJ
aijbe-867	329	131	see	see	VERB
aijbe-867	329	132	their	their	PRON
aijbe-867	329	133	cyclical	cyclical	ADJ
aijbe-867	329	134	pattern	pattern	NOUN
aijbe-867	329	135	.	.	PUNCT
aijbe-867	330	1	thus	thus	ADV
aijbe-867	330	2	,	,	PUNCT
aijbe-867	330	3	a	a	DET
aijbe-867	330	4	graphical	graphical	ADJ
aijbe-867	330	5	sketch	sketch	NOUN
aijbe-867	330	6	of	of	ADP
aijbe-867	330	7	each	each	PRON
aijbe-867	330	8	of	of	ADP
aijbe-867	330	9	the	the	DET
aijbe-867	330	10	variable	variable	NOUN
aijbe-867	330	11	over	over	ADP
aijbe-867	330	12	time	time	NOUN
aijbe-867	330	13	was	be	AUX
aijbe-867	330	14	made	make	VERB
aijbe-867	330	15	as	as	SCONJ
aijbe-867	330	16	shown	show	VERB
aijbe-867	330	17	in	in	ADP
aijbe-867	330	18	figures	figure	NOUN
aijbe-867	330	19	4.1	4.1	NUM
aijbe-867	330	20	to	to	PART
aijbe-867	330	21	4.6	4.6	NUM
aijbe-867	330	22	.	.	PUNCT
aijbe-867	331	1	figure	figure	VERB
aijbe-867	331	2	4.1	4.1	NUM
aijbe-867	331	3	:	:	PUNCT
aijbe-867	331	4	all	all	PRON
aijbe-867	331	5	-	-	PUNCT
aijbe-867	331	6	shares	share	NOUN
aijbe-867	331	7	index	index	NOUN
aijbe-867	331	8	source	source	NOUN
aijbe-867	331	9	:	:	PUNCT
aijbe-867	331	10	author	author	NOUN
aijbe-867	331	11	’s	’s	PART
aijbe-867	331	12	analysis	analysis	NOUN
aijbe-867	331	13	using	use	VERB
aijbe-867	331	14	eviews	eviews	PROPN
aijbe-867	331	15	12	12	NUM
aijbe-867	331	16	4	4	NUM
aijbe-867	331	17	5	5	NUM
aijbe-867	331	18	6	6	NUM
aijbe-867	331	19	7	7	NUM
aijbe-867	331	20	8	8	NUM
aijbe-867	331	21	9	9	NUM
aijbe-867	331	22	10	10	NUM
aijbe-867	331	23	11	11	NUM
aijbe-867	331	24	12	12	NUM
aijbe-867	331	25	1990	1990	NUM
aijbe-867	331	26	1995	1995	NUM
aijbe-867	331	27	2000	2000	NUM
aijbe-867	331	28	2005	2005	NUM
aijbe-867	331	29	2010	2010	NUM
aijbe-867	331	30	2015	2015	NUM
aijbe-867	331	31	2020	2020	NUM
aijbe-867	331	32	log	log	PROPN
aijbe-867	331	33	asi	asi	PROPN
aijbe-867	331	34	ikemenogo	ikemenogo	PROPN
aijbe-867	331	35	,	,	PUNCT
aijbe-867	331	36	eze	eze	PROPN
aijbe-867	331	37	solomon	solomon	PROPN
aijbe-867	331	38	(	(	PUNCT
aijbe-867	331	39	2024	2024	NUM
aijbe-867	331	40	)	)	PUNCT
aijbe-867	331	41	american	american	ADJ
aijbe-867	331	42	interdisciplinary	interdisciplinary	ADJ
aijbe-867	331	43	journal	journal	NOUN
aijbe-867	331	44	of	of	ADP
aijbe-867	331	45	business	business	NOUN
aijbe-867	331	46	and	and	CCONJ
aijbe-867	331	47	economics	economic	NOUN
aijbe-867	331	48	|	|	ADV
aijbe-867	331	49	49	49	NUM
aijbe-867	331	50	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	331	51	figure	figure	NOUN
aijbe-867	331	52	4.1	4.1	NUM
aijbe-867	331	53	shows	show	VERB
aijbe-867	331	54	the	the	DET
aijbe-867	331	55	level	level	NOUN
aijbe-867	331	56	of	of	ADP
aijbe-867	331	57	all	all	DET
aijbe-867	331	58	-	-	PUNCT
aijbe-867	331	59	shares	share	NOUN
aijbe-867	331	60	index	index	NOUN
aijbe-867	331	61	in	in	ADP
aijbe-867	331	62	nigeria	nigeria	PROPN
aijbe-867	331	63	and	and	CCONJ
aijbe-867	331	64	the	the	DET
aijbe-867	331	65	trendline	trendline	NOUN
aijbe-867	331	66	pattern	pattern	NOUN
aijbe-867	331	67	during	during	ADP
aijbe-867	331	68	reviewed	review	VERB
aijbe-867	331	69	period	period	NOUN
aijbe-867	331	70	.	.	PUNCT
aijbe-867	332	1	the	the	DET
aijbe-867	332	2	asi	asi	NOUN
aijbe-867	332	3	was	be	AUX
aijbe-867	332	4	fluctuating	fluctuate	VERB
aijbe-867	332	5	frequently	frequently	ADV
aijbe-867	332	6	for	for	ADP
aijbe-867	332	7	the	the	DET
aijbe-867	332	8	periods	period	NOUN
aijbe-867	332	9	,	,	PUNCT
aijbe-867	332	10	at	at	ADP
aijbe-867	332	11	some	some	DET
aijbe-867	332	12	points	point	NOUN
aijbe-867	332	13	it	it	PRON
aijbe-867	332	14	was	be	AUX
aijbe-867	332	15	above	above	ADP
aijbe-867	332	16	trendline	trendline	NOUN
aijbe-867	332	17	while	while	SCONJ
aijbe-867	332	18	other	other	ADJ
aijbe-867	332	19	times	time	NOUN
aijbe-867	332	20	below	below	ADP
aijbe-867	332	21	trendline	trendline	NOUN
aijbe-867	332	22	,	,	PUNCT
aijbe-867	332	23	which	which	PRON
aijbe-867	332	24	makes	make	VERB
aijbe-867	332	25	the	the	DET
aijbe-867	332	26	capital	capital	NOUN
aijbe-867	332	27	market	market	NOUN
aijbe-867	332	28	unstable	unstable	ADJ
aijbe-867	332	29	.	.	PUNCT
aijbe-867	333	1	in	in	ADP
aijbe-867	333	2	conclusion	conclusion	NOUN
aijbe-867	333	3	,	,	PUNCT
aijbe-867	333	4	the	the	DET
aijbe-867	333	5	nigerian	nigerian	PROPN
aijbe-867	333	6	asi	asi	NOUN
aijbe-867	333	7	reflects	reflect	VERB
aijbe-867	333	8	the	the	DET
aijbe-867	333	9	volatility	volatility	NOUN
aijbe-867	333	10	of	of	ADP
aijbe-867	333	11	the	the	DET
aijbe-867	333	12	country	country	NOUN
aijbe-867	333	13	's	's	PART
aijbe-867	333	14	stock	stock	NOUN
aijbe-867	333	15	market	market	NOUN
aijbe-867	333	16	,	,	PUNCT
aijbe-867	333	17	influenced	influence	VERB
aijbe-867	333	18	by	by	ADP
aijbe-867	333	19	various	various	ADJ
aijbe-867	333	20	domestic	domestic	ADJ
aijbe-867	333	21	and	and	CCONJ
aijbe-867	333	22	global	global	ADJ
aijbe-867	333	23	economic	economic	ADJ
aijbe-867	333	24	factors	factor	NOUN
aijbe-867	333	25	.	.	PUNCT
aijbe-867	334	1	it	it	PRON
aijbe-867	334	2	underscores	underscore	VERB
aijbe-867	334	3	the	the	DET
aijbe-867	334	4	economy	economy	NOUN
aijbe-867	334	5	's	's	PART
aijbe-867	334	6	sensitivity	sensitivity	NOUN
aijbe-867	334	7	to	to	ADP
aijbe-867	334	8	external	external	ADJ
aijbe-867	334	9	shocks	shock	NOUN
aijbe-867	334	10	,	,	PUNCT
aijbe-867	334	11	like	like	ADP
aijbe-867	334	12	oil	oil	NOUN
aijbe-867	334	13	price	price	NOUN
aijbe-867	334	14	volatility	volatility	NOUN
aijbe-867	334	15	.	.	PUNCT
aijbe-867	335	1	the	the	DET
aijbe-867	335	2	data	data	NOUN
aijbe-867	335	3	highlights	highlight	VERB
aijbe-867	335	4	the	the	DET
aijbe-867	335	5	importance	importance	NOUN
aijbe-867	335	6	of	of	ADP
aijbe-867	335	7	economic	economic	ADJ
aijbe-867	335	8	diversification	diversification	NOUN
aijbe-867	335	9	to	to	PART
aijbe-867	335	10	reduce	reduce	VERB
aijbe-867	335	11	reliance	reliance	NOUN
aijbe-867	335	12	on	on	ADP
aijbe-867	335	13	oil	oil	NOUN
aijbe-867	335	14	and	and	CCONJ
aijbe-867	335	15	promote	promote	VERB
aijbe-867	335	16	overall	overall	ADJ
aijbe-867	335	17	economic	economic	ADJ
aijbe-867	335	18	stability	stability	NOUN
aijbe-867	335	19	.	.	PUNCT
aijbe-867	336	1	figure	figure	VERB
aijbe-867	336	2	4.2	4.2	NUM
aijbe-867	336	3	:	:	PUNCT
aijbe-867	336	4	oil	oil	NOUN
aijbe-867	336	5	price	price	NOUN
aijbe-867	336	6	source	source	NOUN
aijbe-867	336	7	:	:	PUNCT
aijbe-867	336	8	author	author	NOUN
aijbe-867	336	9	’s	’s	PART
aijbe-867	336	10	analysis	analysis	NOUN
aijbe-867	336	11	using	use	VERB
aijbe-867	336	12	eviews	eviews	PROPN
aijbe-867	336	13	12	12	NUM
aijbe-867	336	14	figure	figure	NOUN
aijbe-867	336	15	4.2	4.2	NUM
aijbe-867	336	16	shows	show	VERB
aijbe-867	336	17	the	the	DET
aijbe-867	336	18	trend	trend	NOUN
aijbe-867	336	19	of	of	ADP
aijbe-867	336	20	oil	oil	NOUN
aijbe-867	336	21	price	price	NOUN
aijbe-867	336	22	and	and	CCONJ
aijbe-867	336	23	the	the	DET
aijbe-867	336	24	trend	trend	NOUN
aijbe-867	336	25	line	line	NOUN
aijbe-867	336	26	pattern	pattern	NOUN
aijbe-867	336	27	during	during	ADP
aijbe-867	336	28	reviewed	review	VERB
aijbe-867	336	29	period	period	NOUN
aijbe-867	336	30	.	.	PUNCT
aijbe-867	337	1	oil	oil	NOUN
aijbe-867	337	2	prices	price	NOUN
aijbe-867	337	3	were	be	AUX
aijbe-867	337	4	stagnant	stagnant	ADJ
aijbe-867	337	5	for	for	ADP
aijbe-867	337	6	some	some	DET
aijbe-867	337	7	years	year	NOUN
aijbe-867	337	8	and	and	CCONJ
aijbe-867	337	9	skyrocketed	skyrocket	VERB
aijbe-867	337	10	for	for	ADP
aijbe-867	337	11	some	some	DET
aijbe-867	337	12	years	year	NOUN
aijbe-867	337	13	and	and	CCONJ
aijbe-867	337	14	went	go	VERB
aijbe-867	337	15	back	back	ADV
aijbe-867	337	16	to	to	ADP
aijbe-867	337	17	the	the	DET
aijbe-867	337	18	initial	initial	ADJ
aijbe-867	337	19	price	price	NOUN
aijbe-867	337	20	before	before	SCONJ
aijbe-867	337	21	it	it	PRON
aijbe-867	337	22	skyrocketed	skyrocket	VERB
aijbe-867	337	23	again	again	ADV
aijbe-867	337	24	.	.	PUNCT
aijbe-867	338	1	this	this	PRON
aijbe-867	338	2	can	can	AUX
aijbe-867	338	3	be	be	AUX
aijbe-867	338	4	because	because	SCONJ
aijbe-867	338	5	of	of	ADP
aijbe-867	338	6	demand	demand	NOUN
aijbe-867	338	7	and	and	CCONJ
aijbe-867	338	8	supply	supply	NOUN
aijbe-867	338	9	.	.	PUNCT
aijbe-867	339	1	this	this	PRON
aijbe-867	339	2	invariably	invariably	ADV
aijbe-867	339	3	affects	affect	VERB
aijbe-867	339	4	cost	cost	NOUN
aijbe-867	339	5	of	of	ADP
aijbe-867	339	6	running	run	VERB
aijbe-867	339	7	business	business	NOUN
aijbe-867	339	8	and	and	CCONJ
aijbe-867	339	9	business	business	NOUN
aijbe-867	339	10	performance	performance	NOUN
aijbe-867	339	11	upon	upon	SCONJ
aijbe-867	339	12	which	which	PRON
aijbe-867	339	13	stock	stock	NOUN
aijbe-867	339	14	market	market	NOUN
aijbe-867	339	15	indicators	indicator	NOUN
aijbe-867	339	16	are	be	AUX
aijbe-867	339	17	driven	drive	VERB
aijbe-867	339	18	.	.	PUNCT
aijbe-867	340	1	nigeria	nigeria	PROPN
aijbe-867	340	2	's	's	PART
aijbe-867	340	3	heavy	heavy	ADJ
aijbe-867	340	4	reliance	reliance	NOUN
aijbe-867	340	5	on	on	ADP
aijbe-867	340	6	oil	oil	NOUN
aijbe-867	340	7	also	also	ADV
aijbe-867	340	8	made	make	VERB
aijbe-867	340	9	it	it	PRON
aijbe-867	340	10	vulnerable	vulnerable	ADJ
aijbe-867	340	11	to	to	ADP
aijbe-867	340	12	external	external	ADJ
aijbe-867	340	13	shocks	shock	NOUN
aijbe-867	340	14	,	,	PUNCT
aijbe-867	340	15	highlighting	highlight	VERB
aijbe-867	340	16	the	the	DET
aijbe-867	340	17	need	need	NOUN
aijbe-867	340	18	for	for	ADP
aijbe-867	340	19	policies	policy	NOUN
aijbe-867	340	20	that	that	PRON
aijbe-867	340	21	encourage	encourage	VERB
aijbe-867	340	22	non	non	ADJ
aijbe-867	340	23	-	-	ADJ
aijbe-867	340	24	oil	oil	ADJ
aijbe-867	340	25	sectors	sector	NOUN
aijbe-867	340	26	and	and	CCONJ
aijbe-867	340	27	other	other	ADJ
aijbe-867	340	28	sources	source	NOUN
aijbe-867	340	29	of	of	ADP
aijbe-867	340	30	energy	energy	NOUN
aijbe-867	340	31	to	to	PART
aijbe-867	340	32	reduce	reduce	VERB
aijbe-867	340	33	the	the	DET
aijbe-867	340	34	level	level	NOUN
aijbe-867	340	35	of	of	ADP
aijbe-867	340	36	dependence	dependence	NOUN
aijbe-867	340	37	on	on	ADP
aijbe-867	340	38	oil	oil	NOUN
aijbe-867	340	39	.	.	PUNCT
aijbe-867	341	1	figure	figure	VERB
aijbe-867	341	2	4.3	4.3	NUM
aijbe-867	341	3	:	:	PUNCT
aijbe-867	341	4	exchange	exchange	NOUN
aijbe-867	341	5	rate	rate	NOUN
aijbe-867	341	6	source	source	NOUN
aijbe-867	341	7	:	:	PUNCT
aijbe-867	341	8	author	author	NOUN
aijbe-867	341	9	’s	’s	PART
aijbe-867	341	10	analysis	analysis	NOUN
aijbe-867	341	11	using	use	VERB
aijbe-867	341	12	eviews	eviews	PROPN
aijbe-867	341	13	12	12	NUM
aijbe-867	341	14	2.0	2.0	NUM
aijbe-867	341	15	2.5	2.5	NUM
aijbe-867	341	16	3.0	3.0	NUM
aijbe-867	342	1	3.5	3.5	NUM
aijbe-867	342	2	4.0	4.0	NUM
aijbe-867	342	3	4.5	4.5	NUM
aijbe-867	342	4	5.0	5.0	NUM
aijbe-867	342	5	1990	1990	NUM
aijbe-867	342	6	1995	1995	NUM
aijbe-867	342	7	2000	2000	NUM
aijbe-867	342	8	2005	2005	NUM
aijbe-867	342	9	2010	2010	NUM
aijbe-867	342	10	2015	2015	NUM
aijbe-867	342	11	2020	2020	NUM
aijbe-867	342	12	log	log	VERB
aijbe-867	342	13	oprice	oprice	NOUN
aijbe-867	342	14	0	0	NUM
aijbe-867	342	15	50	50	NUM
aijbe-867	342	16	100	100	NUM
aijbe-867	342	17	150	150	NUM
aijbe-867	342	18	200	200	NUM
aijbe-867	342	19	250	250	NUM
aijbe-867	342	20	300	300	NUM
aijbe-867	342	21	350	350	NUM
aijbe-867	342	22	400	400	NUM
aijbe-867	342	23	1990	1990	NUM
aijbe-867	342	24	1995	1995	NUM
aijbe-867	342	25	2000	2000	NUM
aijbe-867	342	26	2005	2005	NUM
aijbe-867	342	27	2010	2010	NUM
aijbe-867	342	28	2015	2015	NUM
aijbe-867	342	29	2020	2020	NUM
aijbe-867	342	30	exch	exch	PROPN
aijbe-867	342	31	ikemenogo	ikemenogo	PROPN
aijbe-867	342	32	,	,	PUNCT
aijbe-867	342	33	eze	eze	PROPN
aijbe-867	342	34	solomon	solomon	PROPN
aijbe-867	342	35	(	(	PUNCT
aijbe-867	342	36	2024	2024	NUM
aijbe-867	342	37	)	)	PUNCT
aijbe-867	342	38	american	american	ADJ
aijbe-867	342	39	interdisciplinary	interdisciplinary	ADJ
aijbe-867	342	40	journal	journal	NOUN
aijbe-867	342	41	of	of	ADP
aijbe-867	342	42	business	business	NOUN
aijbe-867	342	43	and	and	CCONJ
aijbe-867	342	44	economics	economic	NOUN
aijbe-867	342	45	|	|	ADV
aijbe-867	342	46	50	50	NUM
aijbe-867	342	47	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	342	48	figure	figure	NOUN
aijbe-867	342	49	4.3	4.3	NUM
aijbe-867	342	50	shows	show	VERB
aijbe-867	342	51	exchange	exchange	NOUN
aijbe-867	342	52	rate	rate	NOUN
aijbe-867	342	53	volatility	volatility	NOUN
aijbe-867	342	54	trend	trend	NOUN
aijbe-867	342	55	during	during	ADP
aijbe-867	342	56	the	the	DET
aijbe-867	342	57	reviewed	review	VERB
aijbe-867	342	58	period	period	NOUN
aijbe-867	342	59	.	.	PUNCT
aijbe-867	343	1	from	from	ADP
aijbe-867	343	2	1986	1986	NUM
aijbe-867	343	3	to	to	ADP
aijbe-867	343	4	1996	1996	NUM
aijbe-867	343	5	,	,	PUNCT
aijbe-867	343	6	it	it	PRON
aijbe-867	343	7	was	be	AUX
aijbe-867	343	8	essentially	essentially	ADV
aijbe-867	343	9	zigzagging	zigzag	VERB
aijbe-867	343	10	and	and	CCONJ
aijbe-867	343	11	varied	varied	ADJ
aijbe-867	343	12	frequently	frequently	ADV
aijbe-867	343	13	,	,	PUNCT
aijbe-867	343	14	but	but	CCONJ
aijbe-867	343	15	it	it	PRON
aijbe-867	343	16	was	be	AUX
aijbe-867	343	17	still	still	ADV
aijbe-867	343	18	somewhat	somewhat	ADV
aijbe-867	343	19	steady	steady	ADJ
aijbe-867	343	20	.	.	PUNCT
aijbe-867	344	1	however	however	ADV
aijbe-867	344	2	,	,	PUNCT
aijbe-867	344	3	starting	start	VERB
aijbe-867	344	4	in	in	ADP
aijbe-867	344	5	1997	1997	NUM
aijbe-867	344	6	,	,	PUNCT
aijbe-867	344	7	it	it	PRON
aijbe-867	344	8	was	be	AUX
aijbe-867	344	9	no	no	ADV
aijbe-867	344	10	longer	long	ADV
aijbe-867	344	11	stable	stable	ADJ
aijbe-867	344	12	.	.	PUNCT
aijbe-867	345	1	between	between	ADP
aijbe-867	345	2	2000	2000	NUM
aijbe-867	345	3	and	and	CCONJ
aijbe-867	345	4	2020	2020	NUM
aijbe-867	345	5	,	,	PUNCT
aijbe-867	345	6	it	it	PRON
aijbe-867	345	7	was	be	AUX
aijbe-867	345	8	extremely	extremely	ADV
aijbe-867	345	9	volatile	volatile	ADJ
aijbe-867	345	10	.	.	PUNCT
aijbe-867	346	1	of	of	ADP
aijbe-867	346	2	course	course	NOUN
aijbe-867	346	3	,	,	PUNCT
aijbe-867	346	4	this	this	PRON
aijbe-867	346	5	can	can	AUX
aijbe-867	346	6	negatively	negatively	ADV
aijbe-867	346	7	impact	impact	VERB
aijbe-867	346	8	nigeria	nigeria	PROPN
aijbe-867	346	9	's	's	PART
aijbe-867	346	10	stock	stock	NOUN
aijbe-867	346	11	market	market	NOUN
aijbe-867	346	12	performance	performance	NOUN
aijbe-867	346	13	.	.	PUNCT
aijbe-867	347	1	the	the	DET
aijbe-867	347	2	data	datum	NOUN
aijbe-867	347	3	suggests	suggest	VERB
aijbe-867	347	4	that	that	SCONJ
aijbe-867	347	5	the	the	DET
aijbe-867	347	6	nigerian	nigerian	ADJ
aijbe-867	347	7	economy	economy	NOUN
aijbe-867	347	8	has	have	AUX
aijbe-867	347	9	faced	face	VERB
aijbe-867	347	10	significant	significant	ADJ
aijbe-867	347	11	volatility	volatility	NOUN
aijbe-867	347	12	over	over	ADP
aijbe-867	347	13	the	the	DET
aijbe-867	347	14	years	year	NOUN
aijbe-867	347	15	,	,	PUNCT
aijbe-867	347	16	influenced	influence	VERB
aijbe-867	347	17	by	by	ADP
aijbe-867	347	18	various	various	ADJ
aijbe-867	347	19	internal	internal	ADJ
aijbe-867	347	20	and	and	CCONJ
aijbe-867	347	21	external	external	ADJ
aijbe-867	347	22	factors	factor	NOUN
aijbe-867	347	23	such	such	ADJ
aijbe-867	347	24	as	as	ADP
aijbe-867	347	25	oil	oil	NOUN
aijbe-867	347	26	prices	price	NOUN
aijbe-867	347	27	,	,	PUNCT
aijbe-867	347	28	volatile	volatile	ADJ
aijbe-867	347	29	exchange	exchange	NOUN
aijbe-867	347	30	rates	rate	NOUN
aijbe-867	347	31	,	,	PUNCT
aijbe-867	347	32	and	and	CCONJ
aijbe-867	347	33	high	high	ADJ
aijbe-867	347	34	dependence	dependence	NOUN
aijbe-867	347	35	of	of	ADP
aijbe-867	347	36	importation	importation	NOUN
aijbe-867	347	37	of	of	ADP
aijbe-867	347	38	consumable	consumable	ADJ
aijbe-867	347	39	goods	good	NOUN
aijbe-867	347	40	,	,	PUNCT
aijbe-867	347	41	etc	etc	X
aijbe-867	347	42	.	.	X
aijbe-867	348	1	this	this	PRON
aijbe-867	348	2	implies	imply	VERB
aijbe-867	348	3	that	that	SCONJ
aijbe-867	348	4	,	,	PUNCT
aijbe-867	348	5	if	if	SCONJ
aijbe-867	348	6	serious	serious	ADJ
aijbe-867	348	7	action	action	NOUN
aijbe-867	348	8	is	be	AUX
aijbe-867	348	9	not	not	PART
aijbe-867	348	10	taken	take	VERB
aijbe-867	348	11	,	,	PUNCT
aijbe-867	348	12	this	this	DET
aijbe-867	348	13	trend	trend	NOUN
aijbe-867	348	14	may	may	AUX
aijbe-867	348	15	have	have	VERB
aijbe-867	348	16	adverse	adverse	ADJ
aijbe-867	348	17	impact	impact	NOUN
aijbe-867	348	18	on	on	ADP
aijbe-867	348	19	economic	economic	ADJ
aijbe-867	348	20	growth	growth	NOUN
aijbe-867	348	21	and	and	CCONJ
aijbe-867	348	22	development	development	NOUN
aijbe-867	348	23	.	.	PUNCT
aijbe-867	349	1	figure	figure	VERB
aijbe-867	349	2	4.4	4.4	NUM
aijbe-867	349	3	:	:	PUNCT
aijbe-867	349	4	gdp	gdp	NOUN
aijbe-867	349	5	growth	growth	NOUN
aijbe-867	349	6	rate	rate	NOUN
aijbe-867	349	7	source	source	NOUN
aijbe-867	349	8	:	:	PUNCT
aijbe-867	349	9	author	author	NOUN
aijbe-867	349	10	’s	’s	PART
aijbe-867	349	11	analysis	analysis	NOUN
aijbe-867	349	12	using	use	VERB
aijbe-867	349	13	eviews	eviews	PROPN
aijbe-867	349	14	12	12	NUM
aijbe-867	349	15	figure	figure	NOUN
aijbe-867	349	16	4.4	4.4	NUM
aijbe-867	349	17	shows	show	VERB
aijbe-867	349	18	the	the	DET
aijbe-867	349	19	real	real	ADJ
aijbe-867	349	20	gdp	gdp	NOUN
aijbe-867	349	21	trend	trend	NOUN
aijbe-867	349	22	during	during	ADP
aijbe-867	349	23	reviewed	review	VERB
aijbe-867	349	24	period	period	NOUN
aijbe-867	349	25	.	.	PUNCT
aijbe-867	350	1	overall	overall	ADV
aijbe-867	350	2	,	,	PUNCT
aijbe-867	350	3	nigeria	nigeria	PROPN
aijbe-867	350	4	's	's	PART
aijbe-867	350	5	gdp	gdp	NOUN
aijbe-867	350	6	growth	growth	NOUN
aijbe-867	350	7	rate	rate	NOUN
aijbe-867	350	8	indicates	indicate	VERB
aijbe-867	350	9	a	a	DET
aijbe-867	350	10	mixed	mixed	ADJ
aijbe-867	350	11	economic	economic	ADJ
aijbe-867	350	12	performance	performance	NOUN
aijbe-867	350	13	,	,	PUNCT
aijbe-867	350	14	with	with	ADP
aijbe-867	350	15	periods	period	NOUN
aijbe-867	350	16	of	of	ADP
aijbe-867	350	17	growth	growth	NOUN
aijbe-867	350	18	and	and	CCONJ
aijbe-867	350	19	recession	recession	NOUN
aijbe-867	350	20	.	.	PUNCT
aijbe-867	351	1	the	the	DET
aijbe-867	351	2	heavy	heavy	ADJ
aijbe-867	351	3	reliance	reliance	NOUN
aijbe-867	351	4	on	on	ADP
aijbe-867	351	5	oil	oil	NOUN
aijbe-867	351	6	revenues	revenue	NOUN
aijbe-867	351	7	has	have	AUX
aijbe-867	351	8	made	make	VERB
aijbe-867	351	9	the	the	DET
aijbe-867	351	10	economy	economy	NOUN
aijbe-867	351	11	susceptible	susceptible	ADJ
aijbe-867	351	12	to	to	ADP
aijbe-867	351	13	fluctuations	fluctuation	NOUN
aijbe-867	351	14	in	in	ADP
aijbe-867	351	15	global	global	ADJ
aijbe-867	351	16	oil	oil	NOUN
aijbe-867	351	17	prices	price	NOUN
aijbe-867	351	18	,	,	PUNCT
aijbe-867	351	19	which	which	PRON
aijbe-867	351	20	significantly	significantly	ADV
aijbe-867	351	21	influenced	influence	VERB
aijbe-867	351	22	growth	growth	NOUN
aijbe-867	351	23	rates	rate	NOUN
aijbe-867	351	24	.	.	PUNCT
aijbe-867	352	1	to	to	PART
aijbe-867	352	2	achieve	achieve	VERB
aijbe-867	352	3	sustained	sustained	ADJ
aijbe-867	352	4	and	and	CCONJ
aijbe-867	352	5	stable	stable	ADJ
aijbe-867	352	6	economic	economic	ADJ
aijbe-867	352	7	growth	growth	NOUN
aijbe-867	352	8	,	,	PUNCT
aijbe-867	352	9	nigeria	nigeria	PROPN
aijbe-867	352	10	has	have	AUX
aijbe-867	352	11	been	be	AUX
aijbe-867	352	12	working	work	VERB
aijbe-867	352	13	towards	towards	ADP
aijbe-867	352	14	economic	economic	ADJ
aijbe-867	352	15	diversification	diversification	NOUN
aijbe-867	352	16	and	and	CCONJ
aijbe-867	352	17	addressing	address	VERB
aijbe-867	352	18	structural	structural	ADJ
aijbe-867	352	19	challenges	challenge	NOUN
aijbe-867	352	20	.	.	PUNCT
aijbe-867	353	1	nonetheless	nonetheless	ADV
aijbe-867	353	2	,	,	PUNCT
aijbe-867	353	3	economic	economic	ADJ
aijbe-867	353	4	growth	growth	NOUN
aijbe-867	353	5	is	be	AUX
aijbe-867	353	6	influenced	influence	VERB
aijbe-867	353	7	by	by	ADP
aijbe-867	353	8	numerous	numerous	ADJ
aijbe-867	353	9	factors	factor	NOUN
aijbe-867	353	10	,	,	PUNCT
aijbe-867	353	11	and	and	CCONJ
aijbe-867	353	12	achieving	achieve	VERB
aijbe-867	353	13	long	long	ADJ
aijbe-867	353	14	-	-	PUNCT
aijbe-867	353	15	term	term	NOUN
aijbe-867	353	16	sustainability	sustainability	NOUN
aijbe-867	353	17	requires	require	VERB
aijbe-867	353	18	continuous	continuous	ADJ
aijbe-867	353	19	efforts	effort	NOUN
aijbe-867	353	20	in	in	ADP
aijbe-867	353	21	various	various	ADJ
aijbe-867	353	22	sectors	sector	NOUN
aijbe-867	353	23	of	of	ADP
aijbe-867	353	24	the	the	DET
aijbe-867	353	25	economy	economy	NOUN
aijbe-867	353	26	.	.	PUNCT
aijbe-867	354	1	figure	figure	VERB
aijbe-867	354	2	4.5	4.5	NUM
aijbe-867	354	3	:	:	PUNCT
aijbe-867	354	4	inflation	inflation	NOUN
aijbe-867	354	5	rate	rate	NOUN
aijbe-867	354	6	source	source	NOUN
aijbe-867	354	7	:	:	PUNCT
aijbe-867	354	8	author	author	NOUN
aijbe-867	354	9	’s	’s	PART
aijbe-867	354	10	analysis	analysis	NOUN
aijbe-867	354	11	using	use	VERB
aijbe-867	354	12	eviews	eviews	PROPN
aijbe-867	354	13	12	12	NUM
aijbe-867	354	14	-4	-4	SYM
aijbe-867	354	15	0	0	NUM
aijbe-867	354	16	4	4	NUM
aijbe-867	354	17	8	8	NUM
aijbe-867	354	18	12	12	NUM
aijbe-867	354	19	16	16	NUM
aijbe-867	354	20	1990	1990	NUM
aijbe-867	354	21	1995	1995	NUM
aijbe-867	354	22	2000	2000	NUM
aijbe-867	354	23	2005	2005	NUM
aijbe-867	354	24	2010	2010	NUM
aijbe-867	354	25	2015	2015	NUM
aijbe-867	354	26	2020	2020	NUM
aijbe-867	354	27	gdpgr	gdpgr	VERB
aijbe-867	354	28	0	0	NUM
aijbe-867	354	29	10	10	NUM
aijbe-867	354	30	20	20	NUM
aijbe-867	354	31	30	30	NUM
aijbe-867	354	32	40	40	NUM
aijbe-867	354	33	50	50	NUM
aijbe-867	354	34	60	60	NUM
aijbe-867	354	35	70	70	NUM
aijbe-867	354	36	80	80	NUM
aijbe-867	354	37	1990	1990	NUM
aijbe-867	354	38	1995	1995	NUM
aijbe-867	354	39	2000	2000	NUM
aijbe-867	354	40	2005	2005	NUM
aijbe-867	354	41	2010	2010	NUM
aijbe-867	354	42	2015	2015	NUM
aijbe-867	354	43	2020	2020	NUM
aijbe-867	354	44	infl	infl	PROPN
aijbe-867	354	45	ikemenogo	ikemenogo	PROPN
aijbe-867	354	46	,	,	PUNCT
aijbe-867	354	47	eze	eze	PROPN
aijbe-867	354	48	solomon	solomon	PROPN
aijbe-867	354	49	(	(	PUNCT
aijbe-867	354	50	2024	2024	NUM
aijbe-867	354	51	)	)	PUNCT
aijbe-867	354	52	american	american	ADJ
aijbe-867	354	53	interdisciplinary	interdisciplinary	ADJ
aijbe-867	354	54	journal	journal	NOUN
aijbe-867	354	55	of	of	ADP
aijbe-867	354	56	business	business	NOUN
aijbe-867	354	57	and	and	CCONJ
aijbe-867	354	58	economics	economic	NOUN
aijbe-867	355	1	|	|	ADV
aijbe-867	355	2	51	51	NUM
aijbe-867	355	3	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	355	4	figure	figure	NOUN
aijbe-867	355	5	4.5	4.5	NUM
aijbe-867	355	6	shows	show	VERB
aijbe-867	355	7	the	the	DET
aijbe-867	355	8	trend	trend	NOUN
aijbe-867	355	9	of	of	ADP
aijbe-867	355	10	inflation	inflation	NOUN
aijbe-867	355	11	rate	rate	NOUN
aijbe-867	355	12	during	during	ADP
aijbe-867	355	13	reviewed	review	VERB
aijbe-867	355	14	period	period	NOUN
aijbe-867	355	15	.	.	PUNCT
aijbe-867	356	1	interest	interest	NOUN
aijbe-867	356	2	rate	rate	NOUN
aijbe-867	356	3	was	be	AUX
aijbe-867	356	4	very	very	ADV
aijbe-867	356	5	high	high	ADJ
aijbe-867	356	6	in	in	ADP
aijbe-867	356	7	1986	1986	NUM
aijbe-867	356	8	-	-	SYM
aijbe-867	356	9	1990	1990	NUM
aijbe-867	356	10	,	,	PUNCT
aijbe-867	356	11	skyrocketed	skyrocket	VERB
aijbe-867	356	12	in	in	ADP
aijbe-867	356	13	1986	1986	NUM
aijbe-867	356	14	and	and	CCONJ
aijbe-867	356	15	1987	1987	NUM
aijbe-867	356	16	as	as	ADV
aijbe-867	356	17	well	well	ADV
aijbe-867	356	18	as	as	ADP
aijbe-867	356	19	1992	1992	NUM
aijbe-867	356	20	to	to	ADP
aijbe-867	356	21	1997	1997	NUM
aijbe-867	356	22	;	;	PUNCT
aijbe-867	356	23	but	but	CCONJ
aijbe-867	356	24	went	go	VERB
aijbe-867	356	25	below	below	ADP
aijbe-867	356	26	trendline	trendline	NOUN
aijbe-867	356	27	from	from	ADP
aijbe-867	356	28	1997	1997	NUM
aijbe-867	356	29	to	to	ADP
aijbe-867	356	30	2020	2020	NUM
aijbe-867	356	31	.	.	PUNCT
aijbe-867	357	1	in	in	ADP
aijbe-867	357	2	summary	summary	NOUN
aijbe-867	357	3	,	,	PUNCT
aijbe-867	357	4	the	the	DET
aijbe-867	357	5	inflation	inflation	NOUN
aijbe-867	357	6	trend	trend	NOUN
aijbe-867	357	7	in	in	ADP
aijbe-867	357	8	nigeria	nigeria	PROPN
aijbe-867	357	9	's	's	PART
aijbe-867	357	10	economy	economy	NOUN
aijbe-867	357	11	has	have	AUX
aijbe-867	357	12	been	be	AUX
aijbe-867	357	13	characterized	characterize	VERB
aijbe-867	357	14	by	by	ADP
aijbe-867	357	15	fluctuations	fluctuation	NOUN
aijbe-867	357	16	over	over	ADP
aijbe-867	357	17	the	the	DET
aijbe-867	357	18	years	year	NOUN
aijbe-867	357	19	.	.	PUNCT
aijbe-867	358	1	several	several	ADJ
aijbe-867	358	2	factors	factor	NOUN
aijbe-867	358	3	have	have	AUX
aijbe-867	358	4	influenced	influence	VERB
aijbe-867	358	5	inflation	inflation	NOUN
aijbe-867	358	6	,	,	PUNCT
aijbe-867	358	7	including	include	VERB
aijbe-867	358	8	oil	oil	NOUN
aijbe-867	358	9	price	price	NOUN
aijbe-867	358	10	volatility	volatility	NOUN
aijbe-867	358	11	,	,	PUNCT
aijbe-867	358	12	global	global	ADJ
aijbe-867	358	13	economic	economic	ADJ
aijbe-867	358	14	conditions	condition	NOUN
aijbe-867	358	15	,	,	PUNCT
aijbe-867	358	16	monetary	monetary	ADJ
aijbe-867	358	17	and	and	CCONJ
aijbe-867	358	18	fiscal	fiscal	ADJ
aijbe-867	358	19	policies	policy	NOUN
aijbe-867	358	20	,	,	PUNCT
aijbe-867	358	21	and	and	CCONJ
aijbe-867	358	22	structural	structural	ADJ
aijbe-867	358	23	challenges	challenge	NOUN
aijbe-867	358	24	within	within	ADP
aijbe-867	358	25	the	the	DET
aijbe-867	358	26	economy	economy	NOUN
aijbe-867	358	27	.	.	PUNCT
aijbe-867	359	1	to	to	PART
aijbe-867	359	2	achieve	achieve	VERB
aijbe-867	359	3	more	more	ADV
aijbe-867	359	4	stable	stable	ADJ
aijbe-867	359	5	inflation	inflation	NOUN
aijbe-867	359	6	rates	rate	NOUN
aijbe-867	359	7	,	,	PUNCT
aijbe-867	359	8	nigeria	nigeria	PROPN
aijbe-867	359	9	needs	need	VERB
aijbe-867	359	10	to	to	PART
aijbe-867	359	11	implement	implement	VERB
aijbe-867	359	12	effective	effective	ADJ
aijbe-867	359	13	monetary	monetary	ADJ
aijbe-867	359	14	and	and	CCONJ
aijbe-867	359	15	fiscal	fiscal	ADJ
aijbe-867	359	16	policies	policy	NOUN
aijbe-867	359	17	,	,	PUNCT
aijbe-867	359	18	diversify	diversify	VERB
aijbe-867	359	19	its	its	PRON
aijbe-867	359	20	economy	economy	NOUN
aijbe-867	359	21	,	,	PUNCT
aijbe-867	359	22	address	address	VERB
aijbe-867	359	23	structural	structural	ADJ
aijbe-867	359	24	issues	issue	NOUN
aijbe-867	359	25	,	,	PUNCT
aijbe-867	359	26	and	and	CCONJ
aijbe-867	359	27	promote	promote	VERB
aijbe-867	359	28	sustainable	sustainable	ADJ
aijbe-867	359	29	economic	economic	ADJ
aijbe-867	359	30	growth	growth	NOUN
aijbe-867	359	31	.	.	PUNCT
aijbe-867	360	1	figure	figure	VERB
aijbe-867	360	2	4.6	4.6	NUM
aijbe-867	360	3	:	:	PUNCT
aijbe-867	360	4	interest	interest	NOUN
aijbe-867	360	5	rate	rate	NOUN
aijbe-867	360	6	source	source	NOUN
aijbe-867	360	7	:	:	PUNCT
aijbe-867	360	8	author	author	NOUN
aijbe-867	360	9	’s	’s	PART
aijbe-867	360	10	analysis	analysis	NOUN
aijbe-867	360	11	using	use	VERB
aijbe-867	360	12	eviews	eviews	PROPN
aijbe-867	360	13	12	12	NUM
aijbe-867	360	14	figure	figure	NOUN
aijbe-867	360	15	4.6	4.6	NUM
aijbe-867	360	16	shows	show	VERB
aijbe-867	360	17	interest	interest	NOUN
aijbe-867	360	18	rate	rate	NOUN
aijbe-867	360	19	trend	trend	NOUN
aijbe-867	360	20	within	within	ADP
aijbe-867	360	21	reviewed	review	VERB
aijbe-867	360	22	period	period	NOUN
aijbe-867	360	23	.	.	PUNCT
aijbe-867	361	1	from	from	ADP
aijbe-867	361	2	1986	1986	NUM
aijbe-867	361	3	to	to	ADP
aijbe-867	361	4	2021	2021	NUM
aijbe-867	361	5	,	,	PUNCT
aijbe-867	361	6	nigeria	nigeria	PROPN
aijbe-867	361	7	's	's	PART
aijbe-867	361	8	interest	interest	NOUN
aijbe-867	361	9	rates	rate	NOUN
aijbe-867	361	10	have	have	AUX
aijbe-867	361	11	exhibited	exhibit	VERB
aijbe-867	361	12	a	a	DET
aijbe-867	361	13	notable	notable	ADJ
aijbe-867	361	14	fluctuation	fluctuation	NOUN
aijbe-867	361	15	,	,	PUNCT
aijbe-867	361	16	reflecting	reflect	VERB
aijbe-867	361	17	the	the	DET
aijbe-867	361	18	country	country	NOUN
aijbe-867	361	19	's	's	PART
aijbe-867	361	20	economic	economic	ADJ
aijbe-867	361	21	situation	situation	NOUN
aijbe-867	361	22	and	and	CCONJ
aijbe-867	361	23	monetary	monetary	ADJ
aijbe-867	361	24	policies	policy	NOUN
aijbe-867	361	25	.	.	PUNCT
aijbe-867	362	1	the	the	DET
aijbe-867	362	2	late	late	ADJ
aijbe-867	362	3	1980s	1980	NOUN
aijbe-867	362	4	and	and	CCONJ
aijbe-867	362	5	early	early	ADJ
aijbe-867	362	6	1990s	1990	NOUN
aijbe-867	362	7	saw	see	VERB
aijbe-867	362	8	high	high	ADJ
aijbe-867	362	9	volatility	volatility	NOUN
aijbe-867	362	10	,	,	PUNCT
aijbe-867	362	11	with	with	ADP
aijbe-867	362	12	interest	interest	NOUN
aijbe-867	362	13	rates	rate	NOUN
aijbe-867	362	14	ranging	range	VERB
aijbe-867	362	15	from	from	ADP
aijbe-867	362	16	approximately	approximately	ADV
aijbe-867	362	17	0.7	0.7	NUM
aijbe-867	362	18	%	%	NOUN
aijbe-867	362	19	to	to	ADP
aijbe-867	362	20	over	over	ADP
aijbe-867	362	21	9	9	NUM
aijbe-867	362	22	%	%	NOUN
aijbe-867	362	23	,	,	PUNCT
aijbe-867	362	24	while	while	SCONJ
aijbe-867	362	25	the	the	DET
aijbe-867	362	26	early	early	ADJ
aijbe-867	362	27	1990s	1990	NOUN
aijbe-867	362	28	experienced	experience	VERB
aijbe-867	362	29	several	several	ADJ
aijbe-867	362	30	peaks	peak	NOUN
aijbe-867	362	31	,	,	PUNCT
aijbe-867	362	32	reaching	reach	VERB
aijbe-867	362	33	around	around	ADP
aijbe-867	362	34	10.77	10.77	NUM
aijbe-867	362	35	%	%	NOUN
aijbe-867	362	36	.	.	PUNCT
aijbe-867	363	1	subsequently	subsequently	ADV
aijbe-867	363	2	,	,	PUNCT
aijbe-867	363	3	there	there	PRON
aijbe-867	363	4	was	be	VERB
aijbe-867	363	5	a	a	DET
aijbe-867	363	6	gradual	gradual	ADJ
aijbe-867	363	7	decline	decline	NOUN
aijbe-867	363	8	in	in	ADP
aijbe-867	363	9	rates	rate	NOUN
aijbe-867	363	10	until	until	ADP
aijbe-867	363	11	the	the	DET
aijbe-867	363	12	mid-2000s	mid-2000s	PROPN
aijbe-867	363	13	,	,	PUNCT
aijbe-867	363	14	followed	follow	VERB
aijbe-867	363	15	by	by	ADP
aijbe-867	363	16	a	a	DET
aijbe-867	363	17	period	period	NOUN
aijbe-867	363	18	of	of	ADP
aijbe-867	363	19	rising	rise	VERB
aijbe-867	363	20	rates	rate	NOUN
aijbe-867	363	21	from	from	ADP
aijbe-867	363	22	2006	2006	NUM
aijbe-867	363	23	to	to	ADP
aijbe-867	363	24	2009	2009	NUM
aijbe-867	363	25	due	due	ADP
aijbe-867	363	26	to	to	ADP
aijbe-867	363	27	inflation	inflation	NOUN
aijbe-867	363	28	and	and	CCONJ
aijbe-867	363	29	global	global	ADJ
aijbe-867	363	30	financial	financial	ADJ
aijbe-867	363	31	challenges	challenge	NOUN
aijbe-867	363	32	.	.	PUNCT
aijbe-867	364	1	from	from	ADP
aijbe-867	364	2	2010	2010	NUM
aijbe-867	364	3	to	to	ADP
aijbe-867	364	4	2016	2016	NUM
aijbe-867	364	5	,	,	PUNCT
aijbe-867	364	6	rates	rate	NOUN
aijbe-867	364	7	showed	show	VERB
aijbe-867	364	8	a	a	DET
aijbe-867	364	9	moderate	moderate	ADJ
aijbe-867	364	10	decline	decline	NOUN
aijbe-867	364	11	,	,	PUNCT
aijbe-867	364	12	stabilizing	stabilize	VERB
aijbe-867	364	13	in	in	ADP
aijbe-867	364	14	the	the	DET
aijbe-867	364	15	range	range	NOUN
aijbe-867	364	16	of	of	ADP
aijbe-867	364	17	6	6	NUM
aijbe-867	364	18	%	%	NOUN
aijbe-867	364	19	to	to	PART
aijbe-867	364	20	7.5	7.5	NUM
aijbe-867	364	21	%	%	NOUN
aijbe-867	364	22	since	since	SCONJ
aijbe-867	364	23	then	then	ADV
aijbe-867	364	24	.	.	PUNCT
aijbe-867	365	1	the	the	DET
aijbe-867	365	2	effect	effect	NOUN
aijbe-867	365	3	of	of	ADP
aijbe-867	365	4	interest	interest	NOUN
aijbe-867	365	5	rates	rate	NOUN
aijbe-867	365	6	on	on	ADP
aijbe-867	365	7	stock	stock	NOUN
aijbe-867	365	8	market	market	NOUN
aijbe-867	365	9	returns	return	NOUN
aijbe-867	365	10	appears	appear	VERB
aijbe-867	365	11	insignificant	insignificant	ADJ
aijbe-867	365	12	and	and	CCONJ
aijbe-867	365	13	suggests	suggest	VERB
aijbe-867	365	14	that	that	SCONJ
aijbe-867	365	15	changes	change	NOUN
aijbe-867	365	16	in	in	ADP
aijbe-867	365	17	interest	interest	NOUN
aijbe-867	365	18	rates	rate	NOUN
aijbe-867	365	19	may	may	AUX
aijbe-867	365	20	not	not	PART
aijbe-867	365	21	have	have	VERB
aijbe-867	365	22	a	a	DET
aijbe-867	365	23	notable	notable	ADJ
aijbe-867	365	24	impact	impact	NOUN
aijbe-867	365	25	on	on	ADP
aijbe-867	365	26	the	the	DET
aijbe-867	365	27	nigerian	nigerian	ADJ
aijbe-867	365	28	stock	stock	NOUN
aijbe-867	365	29	market	market	NOUN
aijbe-867	365	30	.	.	PUNCT
aijbe-867	366	1	4.1.2	4.1.2	NUM
aijbe-867	366	2	descriptive	descriptive	ADJ
aijbe-867	366	3	statistics	statistic	NOUN
aijbe-867	366	4	table	table	NOUN
aijbe-867	366	5	4.1	4.1	NUM
aijbe-867	366	6	presents	present	VERB
aijbe-867	366	7	the	the	DET
aijbe-867	366	8	statistical	statistical	ADJ
aijbe-867	366	9	properties	property	NOUN
aijbe-867	366	10	of	of	ADP
aijbe-867	366	11	the	the	DET
aijbe-867	366	12	variables	variable	NOUN
aijbe-867	366	13	under	under	ADP
aijbe-867	366	14	study	study	NOUN
aijbe-867	366	15	.	.	PUNCT
aijbe-867	367	1	the	the	DET
aijbe-867	367	2	emphasis	emphasis	NOUN
aijbe-867	367	3	is	be	AUX
aijbe-867	367	4	on	on	ADP
aijbe-867	367	5	the	the	DET
aijbe-867	367	6	mean	mean	ADJ
aijbe-867	367	7	,	,	PUNCT
aijbe-867	367	8	skewness	skewness	NOUN
aijbe-867	367	9	,	,	PUNCT
aijbe-867	367	10	jarque	jarque	NOUN
aijbe-867	367	11	-	-	PUNCT
aijbe-867	367	12	bera	bera	NOUN
aijbe-867	367	13	statistics	statistic	NOUN
aijbe-867	367	14	,	,	PUNCT
aijbe-867	367	15	and	and	CCONJ
aijbe-867	367	16	its	its	PRON
aijbe-867	367	17	probability	probability	NOUN
aijbe-867	367	18	for	for	ADP
aijbe-867	367	19	the	the	DET
aijbe-867	367	20	variables	variable	NOUN
aijbe-867	367	21	involved	involve	VERB
aijbe-867	367	22	.	.	PUNCT
aijbe-867	368	1	0	0	NUM
aijbe-867	368	2	2	2	NUM
aijbe-867	368	3	4	4	NUM
aijbe-867	368	4	6	6	NUM
aijbe-867	368	5	8	8	NUM
aijbe-867	368	6	10	10	NUM
aijbe-867	368	7	12	12	NUM
aijbe-867	368	8	1990	1990	NUM
aijbe-867	368	9	1995	1995	NUM
aijbe-867	368	10	2000	2000	NUM
aijbe-867	368	11	2005	2005	NUM
aijbe-867	368	12	2010	2010	NUM
aijbe-867	368	13	2015	2015	NUM
aijbe-867	368	14	2020	2020	NUM
aijbe-867	368	15	int	int	PROPN
aijbe-867	368	16	ikemenogo	ikemenogo	PROPN
aijbe-867	368	17	,	,	PUNCT
aijbe-867	368	18	eze	eze	PROPN
aijbe-867	368	19	solomon	solomon	PROPN
aijbe-867	368	20	(	(	PUNCT
aijbe-867	368	21	2024	2024	NUM
aijbe-867	368	22	)	)	PUNCT
aijbe-867	368	23	american	american	ADJ
aijbe-867	368	24	interdisciplinary	interdisciplinary	ADJ
aijbe-867	368	25	journal	journal	NOUN
aijbe-867	368	26	of	of	ADP
aijbe-867	368	27	business	business	NOUN
aijbe-867	368	28	and	and	CCONJ
aijbe-867	368	29	economics	economic	NOUN
aijbe-867	368	30	|	|	ADV
aijbe-867	368	31	52	52	NUM
aijbe-867	368	32	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	368	33	table	table	NOUN
aijbe-867	368	34	4.1	4.1	NUM
aijbe-867	368	35	descriptive	descriptive	ADJ
aijbe-867	368	36	statistics	statistic	NOUN
aijbe-867	368	37	log(asi	log(asi	NOUN
aijbe-867	368	38	)	)	PUNCT
aijbe-867	368	39	log(oprice	log(oprice	PROPN
aijbe-867	368	40	)	)	PUNCT
aijbe-867	368	41	exch	exch	PROPN
aijbe-867	368	42	infl	infl	PROPN
aijbe-867	368	43	int	int	PROPN
aijbe-867	368	44	gdpgr	gdpgr	PROPN
aijbe-867	368	45	mean	mean	VERB
aijbe-867	368	46	8.918784	8.918784	NUM
aijbe-867	368	47	3.593225	3.593225	NUM
aijbe-867	368	48	126.3965	126.3965	NUM
aijbe-867	368	49	19.63280	19.63280	NUM
aijbe-867	368	50	7.089196	7.089196	NUM
aijbe-867	368	51	4.302662	4.302662	NUM
aijbe-867	368	52	median	median	NOUN
aijbe-867	368	53	9.899855	9.899855	NUM
aijbe-867	368	54	3.458244	3.458244	NUM
aijbe-867	368	55	126.0951	126.0951	NUM
aijbe-867	368	56	13.18114	13.18114	NUM
aijbe-867	368	57	7.344341	7.344341	NUM
aijbe-867	368	58	4.396731	4.396731	NUM
aijbe-867	368	59	maximum	maximum	ADJ
aijbe-867	368	60	11.09213	11.09213	NUM
aijbe-867	368	61	4.928412	4.928412	NUM
aijbe-867	368	62	359.8946	359.8946	NUM
aijbe-867	368	63	72.83550	72.83550	NUM
aijbe-867	368	64	11.06417	11.06417	NUM
aijbe-867	368	65	15.32916	15.32916	NUM
aijbe-867	368	66	minimum	minimum	NOUN
aijbe-867	368	67	4.902307	4.902307	NUM
aijbe-867	368	68	2.231089	2.231089	NUM
aijbe-867	368	69	1.754523	1.754523	NUM
aijbe-867	368	70	5.388008	5.388008	NUM
aijbe-867	368	71	0.724167	0.724167	NUM
aijbe-867	368	72	-2.035119	-2.035119	NOUN
aijbe-867	368	73	std	std	PROPN
aijbe-867	368	74	.	.	PUNCT
aijbe-867	368	75	dev	dev	PROPN
aijbe-867	368	76	.	.	PUNCT
aijbe-867	369	1	1.791551	1.791551	NUM
aijbe-867	369	2	0.716557	0.716557	NUM
aijbe-867	369	3	107.1580	107.1580	NUM
aijbe-867	369	4	16.17657	16.17657	NUM
aijbe-867	369	5	2.011650	2.011650	NUM
aijbe-867	369	6	3.430461	3.430461	NUM
aijbe-867	369	7	skewness	skewness	NOUN
aijbe-867	369	8	-0.946079	-0.946079	NOUN
aijbe-867	369	9	0.167757	0.167757	NUM
aijbe-867	369	10	0.739581	0.739581	NUM
aijbe-867	369	11	1.707700	1.707700	NUM
aijbe-867	369	12	-1.081472	-1.081472	NOUN
aijbe-867	369	13	0.253667	0.253667	NOUN
aijbe-867	369	14	kurtosis	kurtosis	VERB
aijbe-867	369	15	2.552464	2.552464	NUM
aijbe-867	369	16	1.659073	1.659073	NUM
aijbe-867	369	17	2.629395	2.629395	NUM
aijbe-867	369	18	4.592789	4.592789	NUM
aijbe-867	369	19	4.800631	4.800631	NUM
aijbe-867	369	20	2.868568	2.868568	NUM
aijbe-867	369	21	jarque	jarque	NOUN
aijbe-867	369	22	-	-	PUNCT
aijbe-867	369	23	bera	bera	NOUN
aijbe-867	369	24	68.04994	68.04994	NUM
aijbe-867	369	25	34.39179	34.39179	NUM
aijbe-867	369	26	41.85480	41.85480	NUM
aijbe-867	369	27	255.6347	255.6347	NUM
aijbe-867	369	28	142.5708	142.5708	NUM
aijbe-867	369	29	4.943913	4.943913	NUM
aijbe-867	369	30	probability	probability	NOUN
aijbe-867	369	31	0.000000	0.000000	NUM
aijbe-867	369	32	0.000000	0.000000	NUM
aijbe-867	369	33	0.000000	0.000000	NUM
aijbe-867	369	34	0.000000	0.000000	NUM
aijbe-867	369	35	0.000000	0.000000	NUM
aijbe-867	369	36	0.084420	0.084420	NUM
aijbe-867	369	37	sum	sum	NOUN
aijbe-867	369	38	3852.915	3852.915	NUM
aijbe-867	369	39	1552.273	1552.273	NUM
aijbe-867	369	40	54603.30	54603.30	NUM
aijbe-867	369	41	8481.370	8481.370	NUM
aijbe-867	369	42	3062.533	3062.533	NUM
aijbe-867	369	43	1858.750	1858.750	NUM
aijbe-867	369	44	sum	sum	NOUN
aijbe-867	369	45	sq	sq	PROPN
aijbe-867	369	46	.	.	PROPN
aijbe-867	369	47	dev	dev	PROPN
aijbe-867	369	48	.	.	PUNCT
aijbe-867	370	1	1383.362	1383.362	NUM
aijbe-867	370	2	221.2984	221.2984	NUM
aijbe-867	370	3	4949100	4949100	NUM
aijbe-867	370	4	.	.	PUNCT
aijbe-867	371	1	112784.7	112784.7	NUM
aijbe-867	371	2	1744.143	1744.143	NUM
aijbe-867	371	3	5072.036	5072.036	NOUN
aijbe-867	371	4	observations	observation	NOUN
aijbe-867	371	5	432	432	NUM
aijbe-867	372	1	432	432	NUM
aijbe-867	372	2	432	432	NUM
aijbe-867	373	1	432	432	NUM
aijbe-867	373	2	432	432	NUM
aijbe-867	373	3	432	432	NUM
aijbe-867	373	4	source	source	NOUN
aijbe-867	373	5	:	:	PUNCT
aijbe-867	373	6	author	author	NOUN
aijbe-867	373	7	in	in	ADP
aijbe-867	373	8	the	the	DET
aijbe-867	373	9	study	study	NOUN
aijbe-867	373	10	,	,	PUNCT
aijbe-867	373	11	the	the	DET
aijbe-867	373	12	means	mean	NOUN
aijbe-867	373	13	of	of	ADP
aijbe-867	373	14	the	the	DET
aijbe-867	373	15	variables	variable	NOUN
aijbe-867	373	16	:	:	PUNCT
aijbe-867	373	17	all	all	DET
aijbe-867	373	18	-	-	PUNCT
aijbe-867	373	19	share	share	NOUN
aijbe-867	373	20	index	index	NOUN
aijbe-867	373	21	,	,	PUNCT
aijbe-867	373	22	(	(	PUNCT
aijbe-867	373	23	asi	asi	NOUN
aijbe-867	373	24	)	)	PUNCT
aijbe-867	373	25	,	,	PUNCT
aijbe-867	373	26	oil	oil	NOUN
aijbe-867	373	27	price	price	NOUN
aijbe-867	373	28	(	(	PUNCT
aijbe-867	373	29	oprice	oprice	NOUN
aijbe-867	373	30	)	)	PUNCT
aijbe-867	373	31	,	,	PUNCT
aijbe-867	373	32	interest	interest	NOUN
aijbe-867	373	33	rate	rate	NOUN
aijbe-867	373	34	(	(	PUNCT
aijbe-867	373	35	int	int	NOUN
aijbe-867	373	36	)	)	PUNCT
aijbe-867	373	37	,	,	PUNCT
aijbe-867	373	38	exchange	exchange	NOUN
aijbe-867	373	39	rate	rate	NOUN
aijbe-867	373	40	exch	exch	PROPN
aijbe-867	373	41	,	,	PUNCT
aijbe-867	373	42	inflation	inflation	NOUN
aijbe-867	373	43	rate	rate	NOUN
aijbe-867	373	44	(	(	PUNCT
aijbe-867	373	45	infl	infl	PROPN
aijbe-867	373	46	)	)	PUNCT
aijbe-867	373	47	and	and	CCONJ
aijbe-867	373	48	gross	gross	ADJ
aijbe-867	373	49	domestic	domestic	ADJ
aijbe-867	373	50	product	product	NOUN
aijbe-867	373	51	(	(	PUNCT
aijbe-867	373	52	gdpgr	gdpgr	PROPN
aijbe-867	373	53	)	)	PUNCT
aijbe-867	373	54	are	be	AUX
aijbe-867	373	55	the	the	DET
aijbe-867	373	56	variables	variable	NOUN
aijbe-867	373	57	employed	employ	VERB
aijbe-867	373	58	.	.	PUNCT
aijbe-867	374	1	table	table	NOUN
aijbe-867	374	2	4.1	4.1	NUM
aijbe-867	374	3	shows	show	VERB
aijbe-867	374	4	that	that	SCONJ
aijbe-867	374	5	,	,	PUNCT
aijbe-867	374	6	apart	apart	ADV
aijbe-867	374	7	from	from	ADP
aijbe-867	374	8	asi	asi	NOUN
aijbe-867	374	9	and	and	CCONJ
aijbe-867	374	10	int	int	NOUN
aijbe-867	374	11	,	,	PUNCT
aijbe-867	374	12	other	other	ADJ
aijbe-867	374	13	variables	variable	NOUN
aijbe-867	374	14	are	be	AUX
aijbe-867	374	15	positively	positively	ADV
aijbe-867	374	16	skewed	skewed	ADJ
aijbe-867	374	17	.	.	PUNCT
aijbe-867	375	1	the	the	DET
aijbe-867	375	2	asi	asi	PROPN
aijbe-867	375	3	,	,	PUNCT
aijbe-867	375	4	oprice	oprice	PROPN
aijbe-867	375	5	,	,	PUNCT
aijbe-867	375	6	exch	exch	PROPN
aijbe-867	375	7	and	and	CCONJ
aijbe-867	375	8	gpgr	gpgr	NOUN
aijbe-867	375	9	are	be	AUX
aijbe-867	375	10	said	say	VERB
aijbe-867	375	11	to	to	PART
aijbe-867	375	12	be	be	AUX
aijbe-867	375	13	platykurtic	platykurtic	ADJ
aijbe-867	375	14	because	because	SCONJ
aijbe-867	375	15	they	they	PRON
aijbe-867	375	16	are	be	AUX
aijbe-867	375	17	less	less	ADJ
aijbe-867	375	18	than	than	ADP
aijbe-867	375	19	3	3	NUM
aijbe-867	375	20	,	,	PUNCT
aijbe-867	375	21	while	while	SCONJ
aijbe-867	375	22	infl	infl	PROPN
aijbe-867	375	23	and	and	CCONJ
aijbe-867	375	24	int	int	NOUN
aijbe-867	375	25	are	be	AUX
aijbe-867	375	26	leptokurtic	leptokurtic	ADJ
aijbe-867	375	27	because	because	SCONJ
aijbe-867	375	28	they	they	PRON
aijbe-867	375	29	are	be	AUX
aijbe-867	375	30	greater	great	ADJ
aijbe-867	375	31	than	than	ADP
aijbe-867	375	32	3	3	NUM
aijbe-867	375	33	.	.	PUNCT
aijbe-867	376	1	the	the	DET
aijbe-867	376	2	jarque	jarque	NOUN
aijbe-867	376	3	-	-	PUNCT
aijbe-867	376	4	bera	bera	NOUN
aijbe-867	376	5	statistics	statistic	NOUN
aijbe-867	376	6	for	for	ADP
aijbe-867	376	7	all	all	DET
aijbe-867	376	8	the	the	DET
aijbe-867	376	9	variables	variable	NOUN
aijbe-867	376	10	are	be	AUX
aijbe-867	376	11	all	all	ADV
aijbe-867	376	12	significant	significant	ADJ
aijbe-867	376	13	at	at	ADP
aijbe-867	376	14	5	5	NUM
aijbe-867	376	15	percent	percent	NOUN
aijbe-867	376	16	level	level	NOUN
aijbe-867	376	17	.	.	PUNCT
aijbe-867	377	1	this	this	PRON
aijbe-867	377	2	implies	imply	VERB
aijbe-867	377	3	that	that	SCONJ
aijbe-867	377	4	the	the	DET
aijbe-867	377	5	variables	variable	NOUN
aijbe-867	377	6	of	of	ADP
aijbe-867	377	7	this	this	DET
aijbe-867	377	8	model	model	NOUN
aijbe-867	377	9	are	be	AUX
aijbe-867	377	10	not	not	PART
aijbe-867	377	11	normally	normally	ADV
aijbe-867	377	12	distributed	distribute	VERB
aijbe-867	377	13	.	.	PUNCT
aijbe-867	378	1	4.1.3	4.1.3	NUM
aijbe-867	378	2	:	:	PUNCT
aijbe-867	378	3	the	the	DET
aijbe-867	378	4	pairwise	pairwise	NOUN
aijbe-867	378	5	correlation	correlation	NOUN
aijbe-867	378	6	matrix	matrix	NOUN
aijbe-867	378	7	table	table	NOUN
aijbe-867	378	8	4.2	4.2	NUM
aijbe-867	378	9	moves	move	NOUN
aijbe-867	378	10	further	far	ADV
aijbe-867	378	11	from	from	ADP
aijbe-867	378	12	descriptive	descriptive	ADJ
aijbe-867	378	13	statistics	statistic	NOUN
aijbe-867	378	14	to	to	PART
aijbe-867	378	15	examine	examine	VERB
aijbe-867	378	16	the	the	DET
aijbe-867	378	17	degree	degree	NOUN
aijbe-867	378	18	of	of	ADP
aijbe-867	378	19	correlation	correlation	NOUN
aijbe-867	378	20	of	of	ADP
aijbe-867	378	21	the	the	DET
aijbe-867	378	22	variables	variable	NOUN
aijbe-867	378	23	employed	employ	VERB
aijbe-867	378	24	.	.	PUNCT
aijbe-867	379	1	table	table	NOUN
aijbe-867	379	2	4.2	4.2	NUM
aijbe-867	379	3	:	:	PUNCT
aijbe-867	379	4	correlation	correlation	NOUN
aijbe-867	379	5	matrix	matrix	NOUN
aijbe-867	379	6	log(asi	log(asi	NOUN
aijbe-867	379	7	)	)	PUNCT
aijbe-867	379	8	log(oprice	log(oprice	PROPN
aijbe-867	379	9	)	)	PUNCT
aijbe-867	379	10	exch	exch	PROPN
aijbe-867	379	11	infl	infl	PROPN
aijbe-867	379	12	int	int	PROPN
aijbe-867	379	13	gdpgr	gdpgr	PROPN
aijbe-867	379	14	log(asi	log(asi	PROPN
aijbe-867	379	15	)	)	PUNCT
aijbe-867	379	16	1.000000	1.000000	NUM
aijbe-867	379	17	log(oprice	log(oprice	NOUN
aijbe-867	379	18	)	)	PUNCT
aijbe-867	379	19	0.773029	0.773029	NUM
aijbe-867	379	20	1.000000	1.000000	NUM
aijbe-867	379	21	exch	exch	NOUN
aijbe-867	379	22	0.748965	0.748965	NUM
aijbe-867	379	23	0.646874	0.646874	NUM
aijbe-867	379	24	1.000000	1.000000	NUM
aijbe-867	379	25	infl	infl	PROPN
aijbe-867	379	26	-0.530124	-0.530124	PROPN
aijbe-867	379	27	-0.484548	-0.484548	PROPN
aijbe-867	379	28	-0.419091	-0.419091	PROPN
aijbe-867	379	29	1.000000	1.000000	NUM
aijbe-867	379	30	int	int	NOUN
aijbe-867	379	31	0.535660	0.535660	NUM
aijbe-867	379	32	0.289268	0.289268	NUM
aijbe-867	379	33	0.324882	0.324882	NUM
aijbe-867	379	34	-0.138592	-0.138592	NOUN
aijbe-867	379	35	1.000000	1.000000	NUM
aijbe-867	379	36	gdpgr	gdpgr	NOUN
aijbe-867	379	37	0.178544	0.178544	NUM
aijbe-867	379	38	0.229906	0.229906	NUM
aijbe-867	379	39	-0.068930	-0.068930	NOUN
aijbe-867	379	40	-0.358411	-0.358411	NOUN
aijbe-867	379	41	-0.081446	-0.081446	PROPN
aijbe-867	380	1	1.000000	1.000000	NUM
aijbe-867	380	2	source	source	NOUN
aijbe-867	380	3	:	:	PUNCT
aijbe-867	380	4	author	author	NOUN
aijbe-867	380	5	the	the	DET
aijbe-867	380	6	explanation	explanation	NOUN
aijbe-867	380	7	here	here	ADV
aijbe-867	380	8	is	be	AUX
aijbe-867	380	9	based	base	VERB
aijbe-867	380	10	on	on	ADP
aijbe-867	380	11	dependent	dependent	ADJ
aijbe-867	380	12	variable	variable	NOUN
aijbe-867	380	13	and	and	CCONJ
aijbe-867	380	14	explanatory	explanatory	ADJ
aijbe-867	380	15	variables	variable	NOUN
aijbe-867	380	16	alone	alone	ADV
aijbe-867	380	17	.	.	PUNCT
aijbe-867	381	1	the	the	DET
aijbe-867	381	2	correlation	correlation	NOUN
aijbe-867	381	3	matrix	matrix	NOUN
aijbe-867	381	4	as	as	SCONJ
aijbe-867	381	5	shown	show	VERB
aijbe-867	381	6	in	in	ADP
aijbe-867	381	7	table	table	NOUN
aijbe-867	381	8	4.2	4.2	NUM
aijbe-867	381	9	,	,	PUNCT
aijbe-867	381	10	shows	show	VERB
aijbe-867	381	11	the	the	DET
aijbe-867	381	12	degree	degree	NOUN
aijbe-867	381	13	of	of	ADP
aijbe-867	381	14	relationship	relationship	NOUN
aijbe-867	381	15	among	among	ADP
aijbe-867	381	16	the	the	DET
aijbe-867	381	17	variables	variable	NOUN
aijbe-867	381	18	used	use	VERB
aijbe-867	381	19	.	.	PUNCT
aijbe-867	382	1	the	the	DET
aijbe-867	382	2	asi	asi	NOUN
aijbe-867	382	3	and	and	CCONJ
aijbe-867	382	4	oprice	oprice	NOUN
aijbe-867	382	5	have	have	VERB
aijbe-867	382	6	a	a	DET
aijbe-867	382	7	positive	positive	ADJ
aijbe-867	382	8	and	and	CCONJ
aijbe-867	382	9	strong	strong	ADJ
aijbe-867	382	10	relationship	relationship	NOUN
aijbe-867	382	11	together	together	ADV
aijbe-867	382	12	at	at	ADP
aijbe-867	382	13	0.773029	0.773029	NUM
aijbe-867	382	14	.	.	PUNCT
aijbe-867	383	1	the	the	DET
aijbe-867	383	2	asi	asi	NOUN
aijbe-867	383	3	and	and	CCONJ
aijbe-867	383	4	exch	exch	PROPN
aijbe-867	383	5	also	also	ADV
aijbe-867	383	6	have	have	VERB
aijbe-867	383	7	strong	strong	ADJ
aijbe-867	383	8	and	and	CCONJ
aijbe-867	383	9	positive	positive	ADJ
aijbe-867	383	10	relations	relation	NOUN
aijbe-867	383	11	together	together	ADV
aijbe-867	383	12	.	.	PUNCT
aijbe-867	384	1	the	the	DET
aijbe-867	384	2	infl	infl	PROPN
aijbe-867	384	3	rate	rate	NOUN
aijbe-867	384	4	as	as	SCONJ
aijbe-867	384	5	expected	expect	VERB
aijbe-867	384	6	has	have	VERB
aijbe-867	384	7	a	a	DET
aijbe-867	384	8	negative	negative	ADJ
aijbe-867	384	9	but	but	CCONJ
aijbe-867	384	10	average	average	ADJ
aijbe-867	384	11	relationship	relationship	NOUN
aijbe-867	384	12	with	with	ADP
aijbe-867	384	13	asi	asi	NOUN
aijbe-867	384	14	.	.	PUNCT
aijbe-867	385	1	the	the	DET
aijbe-867	385	2	int	int	NOUN
aijbe-867	385	3	rate	rate	NOUN
aijbe-867	385	4	has	have	VERB
aijbe-867	385	5	a	a	DET
aijbe-867	385	6	positive	positive	ADJ
aijbe-867	385	7	but	but	CCONJ
aijbe-867	385	8	moderate	moderate	ADJ
aijbe-867	385	9	relationship	relationship	NOUN
aijbe-867	385	10	with	with	ADP
aijbe-867	385	11	asi	asi	NOUN
aijbe-867	385	12	.	.	PUNCT
aijbe-867	386	1	finally	finally	ADV
aijbe-867	386	2	,	,	PUNCT
aijbe-867	386	3	gdpgr	gdpgr	PROPN
aijbe-867	386	4	has	have	VERB
aijbe-867	386	5	a	a	DET
aijbe-867	386	6	positive	positive	ADJ
aijbe-867	386	7	but	but	CCONJ
aijbe-867	386	8	a	a	DET
aijbe-867	386	9	very	very	ADV
aijbe-867	386	10	weak	weak	ADJ
aijbe-867	386	11	relationship	relationship	NOUN
aijbe-867	386	12	with	with	ADP
aijbe-867	386	13	asi	asi	NOUN
aijbe-867	386	14	.	.	PROPN
aijbe-867	386	15	4.2	4.2	NUM
aijbe-867	386	16	analysis	analysis	NOUN
aijbe-867	386	17	and	and	CCONJ
aijbe-867	386	18	interpretation	interpretation	NOUN
aijbe-867	386	19	of	of	ADP
aijbe-867	386	20	results	result	NOUN
aijbe-867	386	21	4.2.1	4.2.1	NUM
aijbe-867	386	22	stationary	stationary	ADJ
aijbe-867	386	23	test	test	NOUN
aijbe-867	386	24	ikemenogo	ikemenogo	PROPN
aijbe-867	386	25	,	,	PUNCT
aijbe-867	386	26	eze	eze	PROPN
aijbe-867	386	27	solomon	solomon	PROPN
aijbe-867	386	28	(	(	PUNCT
aijbe-867	386	29	2024	2024	NUM
aijbe-867	386	30	)	)	PUNCT
aijbe-867	386	31	american	american	ADJ
aijbe-867	386	32	interdisciplinary	interdisciplinary	ADJ
aijbe-867	386	33	journal	journal	NOUN
aijbe-867	386	34	of	of	ADP
aijbe-867	386	35	business	business	NOUN
aijbe-867	386	36	and	and	CCONJ
aijbe-867	386	37	economics	economic	NOUN
aijbe-867	386	38	|	|	ADV
aijbe-867	386	39	53	53	NUM
aijbe-867	386	40	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	VERB
aijbe-867	386	41	the	the	DET
aijbe-867	386	42	study	study	NOUN
aijbe-867	386	43	considered	consider	VERB
aijbe-867	386	44	the	the	DET
aijbe-867	386	45	unit	unit	NOUN
aijbe-867	386	46	root	root	NOUN
aijbe-867	386	47	before	before	ADP
aijbe-867	386	48	estimating	estimate	VERB
aijbe-867	386	49	cointegration	cointegration	NOUN
aijbe-867	386	50	equation	equation	NOUN
aijbe-867	386	51	to	to	PART
aijbe-867	386	52	choose	choose	VERB
aijbe-867	386	53	appropriate	appropriate	ADJ
aijbe-867	386	54	econometric	econometric	ADJ
aijbe-867	386	55	estimation	estimation	NOUN
aijbe-867	386	56	to	to	PART
aijbe-867	386	57	be	be	AUX
aijbe-867	386	58	used	use	VERB
aijbe-867	386	59	.	.	PUNCT
aijbe-867	387	1	testing	test	VERB
aijbe-867	387	2	the	the	DET
aijbe-867	387	3	stationarity	stationarity	NOUN
aijbe-867	387	4	of	of	ADP
aijbe-867	387	5	economic	economic	ADJ
aijbe-867	387	6	time	time	NOUN
aijbe-867	387	7	series	series	NOUN
aijbe-867	387	8	is	be	AUX
aijbe-867	387	9	critical	critical	ADJ
aijbe-867	387	10	since	since	SCONJ
aijbe-867	387	11	typical	typical	ADJ
aijbe-867	387	12	econometric	econometric	ADJ
aijbe-867	387	13	approaches	approach	NOUN
aijbe-867	387	14	assume	assume	VERB
aijbe-867	387	15	that	that	SCONJ
aijbe-867	387	16	the	the	DET
aijbe-867	387	17	time	time	NOUN
aijbe-867	387	18	series	series	PROPN
aijbe-867	387	19	are	be	AUX
aijbe-867	387	20	stationary	stationary	ADJ
aijbe-867	387	21	when	when	SCONJ
aijbe-867	387	22	they	they	PRON
aijbe-867	387	23	are	be	AUX
aijbe-867	387	24	not	not	PART
aijbe-867	387	25	.	.	PUNCT
aijbe-867	388	1	as	as	ADP
aijbe-867	388	2	a	a	DET
aijbe-867	388	3	result	result	NOUN
aijbe-867	388	4	,	,	PUNCT
aijbe-867	388	5	traditional	traditional	ADJ
aijbe-867	388	6	statistical	statistical	ADJ
aijbe-867	388	7	tests	test	NOUN
aijbe-867	388	8	are	be	AUX
aijbe-867	388	9	likely	likely	ADJ
aijbe-867	388	10	to	to	PART
aijbe-867	388	11	be	be	AUX
aijbe-867	388	12	ineffective	ineffective	ADJ
aijbe-867	388	13	,	,	PUNCT
aijbe-867	388	14	and	and	CCONJ
aijbe-867	388	15	not	not	PART
aijbe-867	388	16	co	co	VERB
aijbe-867	388	17	-	-	VERB
aijbe-867	388	18	integrated	integrated	ADJ
aijbe-867	388	19	,	,	PUNCT
aijbe-867	388	20	the	the	DET
aijbe-867	388	21	ordinary	ordinary	ADJ
aijbe-867	388	22	least	least	ADJ
aijbe-867	388	23	squares	square	NOUN
aijbe-867	388	24	(	(	PUNCT
aijbe-867	388	25	ols	ol	NOUN
aijbe-867	388	26	)	)	PUNCT
aijbe-867	388	27	estimate	estimate	NOUN
aijbe-867	388	28	of	of	ADP
aijbe-867	388	29	regressions	regression	NOUN
aijbe-867	388	30	in	in	ADP
aijbe-867	388	31	the	the	DET
aijbe-867	388	32	presence	presence	NOUN
aijbe-867	388	33	of	of	ADP
aijbe-867	388	34	non	non	ADJ
aijbe-867	388	35	-	-	ADJ
aijbe-867	388	36	stationary	stationary	ADJ
aijbe-867	388	37	variables	variable	NOUN
aijbe-867	388	38	produce	produce	VERB
aijbe-867	388	39	misleading	misleading	ADJ
aijbe-867	388	40	regressions	regression	NOUN
aijbe-867	388	41	(	(	PUNCT
aijbe-867	388	42	granger	granger	NOUN
aijbe-867	388	43	and	and	CCONJ
aijbe-867	388	44	newbold	newbold	PROPN
aijbe-867	388	45	,	,	PUNCT
aijbe-867	388	46	1974	1974	NUM
aijbe-867	388	47	)	)	PUNCT
aijbe-867	388	48	.	.	PUNCT
aijbe-867	389	1	table	table	NOUN
aijbe-867	389	2	4.3	4.3	NUM
aijbe-867	389	3	:	:	PUNCT
aijbe-867	389	4	the	the	DET
aijbe-867	389	5	results	result	NOUN
aijbe-867	389	6	of	of	ADP
aijbe-867	389	7	unit	unit	NOUN
aijbe-867	389	8	roots	root	NOUN
aijbe-867	389	9	test	test	NOUN
aijbe-867	389	10	variables	variable	NOUN
aijbe-867	389	11	adf	adf	PROPN
aijbe-867	389	12	p	p	NOUN
aijbe-867	389	13	-	-	PUNCT
aijbe-867	389	14	value	value	NOUN
aijbe-867	389	15	(	(	PUNCT
aijbe-867	389	16	level	level	NOUN
aijbe-867	389	17	)	)	PUNCT
aijbe-867	389	18	adf	adf	NOUN
aijbe-867	389	19	p	p	NOUN
aijbe-867	389	20	-	-	PUNCT
aijbe-867	389	21	value	value	NOUN
aijbe-867	389	22	(	(	PUNCT
aijbe-867	389	23	1st	1st	ADJ
aijbe-867	389	24	difference	difference	NOUN
aijbe-867	389	25	)	)	PUNCT
aijbe-867	389	26	remark	remark	NOUN
aijbe-867	389	27	log	log	NOUN
aijbe-867	389	28	(	(	PUNCT
aijbe-867	389	29	asi	asi	NOUN
aijbe-867	389	30	)	)	PUNCT
aijbe-867	389	31	-1.447325	-1.447325	NOUN
aijbe-867	389	32	0.5595	0.5595	NUM
aijbe-867	389	33	-8.829806	-8.829806	VERB
aijbe-867	390	1	0.0000	0.0000	NUM
aijbe-867	390	2	i	i	NOUN
aijbe-867	390	3	(	(	PUNCT
aijbe-867	390	4	1	1	X
aijbe-867	390	5	)	)	PUNCT
aijbe-867	390	6	log	log	PROPN
aijbe-867	390	7	oprice	oprice	NOUN
aijbe-867	390	8	)	)	PUNCT
aijbe-867	390	9	-2.328190	-2.328190	VERB
aijbe-867	390	10	0.1636	0.1636	NUM
aijbe-867	390	11	-13.85884	-13.85884	SYM
aijbe-867	391	1	0.0000	0.0000	NUM
aijbe-867	391	2	i	i	PRON
aijbe-867	391	3	(	(	PUNCT
aijbe-867	391	4	1	1	X
aijbe-867	391	5	)	)	PUNCT
aijbe-867	391	6	exch	exch	NOUN
aijbe-867	391	7	-0,014796	-0,014796	PROPN
aijbe-867	391	8	0.9558	0.9558	NUM
aijbe-867	391	9	-3.825417	-3.825417	NOUN
aijbe-867	391	10	0.0029	0.0029	NUM
aijbe-867	391	11	i	i	PRON
aijbe-867	391	12	(	(	PUNCT
aijbe-867	391	13	1	1	X
aijbe-867	391	14	)	)	PUNCT
aijbe-867	391	15	gdpgr	gdpgr	NOUN
aijbe-867	391	16	-3.244426	-3.244426	NOUN
aijbe-867	392	1	0.0242	0.0242	NUM
aijbe-867	392	2	-3.349441	-3.349441	NOUN
aijbe-867	392	3	0.0134	0.0134	NUM
aijbe-867	392	4	i	i	PRON
aijbe-867	392	5	(	(	PUNCT
aijbe-867	392	6	0	0	NUM
aijbe-867	392	7	)	)	PUNCT
aijbe-867	393	1	infl	infl	PROPN
aijbe-867	393	2	-4.085014	-4.085014	NOUN
aijbe-867	393	3	0.0011	0.0011	NUM
aijbe-867	393	4	-4.117710	-4.117710	VERB
aijbe-867	394	1	0.0000	0.0000	NUM
aijbe-867	394	2	i	i	PRON
aijbe-867	394	3	(	(	PUNCT
aijbe-867	394	4	0	0	NUM
aijbe-867	394	5	)	)	PUNCT
aijbe-867	394	6	int	int	NOUN
aijbe-867	394	7	-4.441870	-4.441870	NOUN
aijbe-867	394	8	0.0003	0.0003	NUM
aijbe-867	394	9	-4.374314	-4.374314	NOUN
aijbe-867	394	10	0.0004	0.0004	NUM
aijbe-867	394	11	i	i	NOUN
aijbe-867	394	12	(	(	PUNCT
aijbe-867	394	13	0	0	NUM
aijbe-867	394	14	)	)	PUNCT
aijbe-867	394	15	source	source	NOUN
aijbe-867	394	16	:	:	PUNCT
aijbe-867	394	17	author	author	NOUN
aijbe-867	394	18	’s	’s	PART
aijbe-867	394	19	computation	computation	NOUN
aijbe-867	394	20	from	from	ADP
aijbe-867	394	21	eviews	eviews	PROPN
aijbe-867	394	22	12	12	NUM
aijbe-867	394	23	nb	nb	NOUN
aijbe-867	394	24	:	:	PUNCT
aijbe-867	394	25	i	i	PRON
aijbe-867	394	26	(	(	PUNCT
aijbe-867	394	27	1	1	X
aijbe-867	394	28	)	)	PUNCT
aijbe-867	394	29	stationarity	stationarity	NOUN
aijbe-867	394	30	of	of	ADP
aijbe-867	394	31	the	the	DET
aijbe-867	394	32	variables	variable	NOUN
aijbe-867	394	33	at	at	ADP
aijbe-867	394	34	first	first	ADJ
aijbe-867	394	35	difference	difference	NOUN
aijbe-867	394	36	,	,	PUNCT
aijbe-867	394	37	*	*	PUNCT
aijbe-867	394	38	unit	unit	NOUN
aijbe-867	394	39	root	root	NOUN
aijbe-867	394	40	hypotheses	hypothesis	NOUN
aijbe-867	394	41	are	be	AUX
aijbe-867	394	42	tested	test	VERB
aijbe-867	394	43	at	at	ADP
aijbe-867	394	44	1	1	NUM
aijbe-867	394	45	%	%	NOUN
aijbe-867	394	46	,	,	PUNCT
aijbe-867	394	47	*	*	PUNCT
aijbe-867	394	48	*	*	NOUN
aijbe-867	394	49	unit	unit	NOUN
aijbe-867	394	50	root	root	NOUN
aijbe-867	394	51	hypotheses	hypothesis	NOUN
aijbe-867	394	52	are	be	AUX
aijbe-867	394	53	tested	test	VERB
aijbe-867	394	54	at	at	ADP
aijbe-867	394	55	5	5	NUM
aijbe-867	394	56	%	%	NOUN
aijbe-867	394	57	and	and	CCONJ
aijbe-867	394	58	*	*	NOUN
aijbe-867	394	59	*	*	PUNCT
aijbe-867	394	60	*	*	PROPN
aijbe-867	394	61	unit	unit	NOUN
aijbe-867	394	62	root	root	NOUN
aijbe-867	394	63	hypotheses	hypothesis	NOUN
aijbe-867	394	64	are	be	AUX
aijbe-867	394	65	tested	test	VERB
aijbe-867	394	66	at	at	ADP
aijbe-867	394	67	10	10	NUM
aijbe-867	394	68	%	%	NOUN
aijbe-867	394	69	the	the	DET
aijbe-867	394	70	stationarity	stationarity	NOUN
aijbe-867	394	71	of	of	ADP
aijbe-867	394	72	the	the	DET
aijbe-867	394	73	variables	variable	NOUN
aijbe-867	394	74	was	be	AUX
aijbe-867	394	75	evaluated	evaluate	VERB
aijbe-867	394	76	using	use	VERB
aijbe-867	394	77	the	the	DET
aijbe-867	394	78	augmented	augment	VERB
aijbe-867	394	79	dickey	dickey	NOUN
aijbe-867	394	80	-	-	PUNCT
aijbe-867	394	81	fuller	full	ADJ
aijbe-867	394	82	(	(	PUNCT
aijbe-867	394	83	adf	adf	NOUN
aijbe-867	394	84	)	)	PUNCT
aijbe-867	394	85	test	test	NOUN
aijbe-867	394	86	,	,	PUNCT
aijbe-867	394	87	which	which	PRON
aijbe-867	394	88	involved	involve	VERB
aijbe-867	394	89	unit	unit	NOUN
aijbe-867	394	90	root	root	NOUN
aijbe-867	394	91	tests	test	NOUN
aijbe-867	394	92	to	to	PART
aijbe-867	394	93	examine	examine	VERB
aijbe-867	394	94	the	the	DET
aijbe-867	394	95	trends	trend	NOUN
aijbe-867	394	96	of	of	ADP
aijbe-867	394	97	all	all	DET
aijbe-867	394	98	variables	variable	NOUN
aijbe-867	394	99	.	.	PUNCT
aijbe-867	395	1	the	the	DET
aijbe-867	395	2	outcomes	outcome	NOUN
aijbe-867	395	3	of	of	ADP
aijbe-867	395	4	the	the	DET
aijbe-867	395	5	unit	unit	NOUN
aijbe-867	395	6	root	root	NOUN
aijbe-867	395	7	tests	test	NOUN
aijbe-867	395	8	are	be	AUX
aijbe-867	395	9	presented	present	VERB
aijbe-867	395	10	in	in	ADP
aijbe-867	395	11	table	table	NOUN
aijbe-867	395	12	4.3	4.3	NUM
aijbe-867	395	13	.	.	PUNCT
aijbe-867	396	1	according	accord	VERB
aijbe-867	396	2	to	to	ADP
aijbe-867	396	3	the	the	DET
aijbe-867	396	4	results	result	NOUN
aijbe-867	396	5	from	from	ADP
aijbe-867	396	6	the	the	DET
aijbe-867	396	7	augmented	augment	VERB
aijbe-867	396	8	dickey	dickey	PROPN
aijbe-867	396	9	-	-	PUNCT
aijbe-867	396	10	fuller	full	ADJ
aijbe-867	396	11	test	test	NOUN
aijbe-867	396	12	,	,	PUNCT
aijbe-867	396	13	gdp	gdp	NOUN
aijbe-867	396	14	growth	growth	NOUN
aijbe-867	396	15	rate	rate	NOUN
aijbe-867	396	16	,	,	PUNCT
aijbe-867	396	17	inflation	inflation	NOUN
aijbe-867	396	18	rate	rate	NOUN
aijbe-867	396	19	and	and	CCONJ
aijbe-867	396	20	interest	interest	NOUN
aijbe-867	396	21	rate	rate	NOUN
aijbe-867	396	22	exhibited	exhibit	VERB
aijbe-867	396	23	stationarity	stationarity	NOUN
aijbe-867	396	24	at	at	ADP
aijbe-867	396	25	the	the	DET
aijbe-867	396	26	level	level	NOUN
aijbe-867	396	27	.	.	PUNCT
aijbe-867	397	1	however	however	ADV
aijbe-867	397	2	,	,	PUNCT
aijbe-867	397	3	the	the	DET
aijbe-867	397	4	all	all	DET
aijbe-867	397	5	-	-	PUNCT
aijbe-867	397	6	share	share	NOUN
aijbe-867	397	7	index	index	NOUN
aijbe-867	397	8	,	,	PUNCT
aijbe-867	397	9	oil	oil	NOUN
aijbe-867	397	10	price	price	NOUN
aijbe-867	397	11	and	and	CCONJ
aijbe-867	397	12	exchange	exchange	NOUN
aijbe-867	397	13	rate	rate	NOUN
aijbe-867	397	14	stationarity	stationarity	NOUN
aijbe-867	397	15	at	at	ADP
aijbe-867	397	16	the	the	DET
aijbe-867	397	17	5	5	NUM
aijbe-867	397	18	percent	percent	NOUN
aijbe-867	397	19	significance	significance	NOUN
aijbe-867	397	20	level	level	NOUN
aijbe-867	397	21	after	after	ADP
aijbe-867	397	22	undergoing	undergo	VERB
aijbe-867	397	23	first	first	ADJ
aijbe-867	397	24	-	-	PUNCT
aijbe-867	397	25	order	order	NOUN
aijbe-867	397	26	differencing	differencing	NOUN
aijbe-867	397	27	.	.	PUNCT
aijbe-867	398	1	because	because	SCONJ
aijbe-867	398	2	of	of	ADP
aijbe-867	398	3	the	the	DET
aijbe-867	398	4	objectives	objective	NOUN
aijbe-867	398	5	of	of	ADP
aijbe-867	398	6	this	this	DET
aijbe-867	398	7	study	study	NOUN
aijbe-867	398	8	emphasizing	emphasize	VERB
aijbe-867	398	9	on	on	ADP
aijbe-867	398	10	volatility	volatility	NOUN
aijbe-867	398	11	of	of	ADP
aijbe-867	398	12	oil	oil	NOUN
aijbe-867	398	13	price	price	NOUN
aijbe-867	398	14	on	on	ADP
aijbe-867	398	15	stock	stock	NOUN
aijbe-867	398	16	market	market	NOUN
aijbe-867	398	17	returns	return	NOUN
aijbe-867	398	18	,	,	PUNCT
aijbe-867	398	19	this	this	DET
aijbe-867	398	20	study	study	NOUN
aijbe-867	398	21	adopts	adopt	VERB
aijbe-867	398	22	the	the	DET
aijbe-867	398	23	generalized	generalized	ADJ
aijbe-867	398	24	auto	auto	NOUN
aijbe-867	398	25	-	-	PUNCT
aijbe-867	398	26	regressive	regressive	ADJ
aijbe-867	398	27	conditional	conditional	ADJ
aijbe-867	398	28	heteroskedasticity	heteroskedasticity	NOUN
aijbe-867	398	29	(	(	PUNCT
aijbe-867	398	30	garch	garch	NOUN
aijbe-867	398	31	)	)	PUNCT
aijbe-867	398	32	model	model	NOUN
aijbe-867	398	33	.	.	PUNCT
aijbe-867	399	1	the	the	DET
aijbe-867	399	2	trend	trend	NOUN
aijbe-867	399	3	analysis	analysis	NOUN
aijbe-867	399	4	also	also	ADV
aijbe-867	399	5	showed	show	VERB
aijbe-867	399	6	us	we	PRON
aijbe-867	399	7	that	that	SCONJ
aijbe-867	399	8	there	there	PRON
aijbe-867	399	9	is	be	VERB
aijbe-867	399	10	volatility	volatility	NOUN
aijbe-867	399	11	clustering	clustering	NOUN
aijbe-867	399	12	of	of	ADP
aijbe-867	399	13	the	the	DET
aijbe-867	399	14	series	series	NOUN
aijbe-867	399	15	in	in	ADP
aijbe-867	399	16	virtually	virtually	ADV
aijbe-867	399	17	all	all	DET
aijbe-867	399	18	the	the	DET
aijbe-867	399	19	variables	variable	NOUN
aijbe-867	399	20	employed	employ	VERB
aijbe-867	399	21	for	for	ADP
aijbe-867	399	22	this	this	DET
aijbe-867	399	23	study	study	NOUN
aijbe-867	399	24	.	.	PUNCT
aijbe-867	400	1	table	table	NOUN
aijbe-867	400	2	4.4	4.4	NUM
aijbe-867	400	3	:	:	PUNCT
aijbe-867	400	4	estimation	estimation	NOUN
aijbe-867	400	5	of	of	ADP
aijbe-867	400	6	garch	garch	NOUN
aijbe-867	400	7	model	model	NOUN
aijbe-867	400	8	dependent	dependent	ADJ
aijbe-867	400	9	variable	variable	NOUN
aijbe-867	400	10	:	:	PUNCT
aijbe-867	400	11	log(asi	log(asi	ADJ
aijbe-867	400	12	)	)	PUNCT
aijbe-867	400	13	method	method	NOUN
aijbe-867	400	14	:	:	PUNCT
aijbe-867	400	15	ml	ml	PART
aijbe-867	400	16	arch	arch	VERB
aijbe-867	400	17	normal	normal	ADJ
aijbe-867	400	18	distribution	distribution	NOUN
aijbe-867	400	19	(	(	PUNCT
aijbe-867	400	20	marquardt	marquardt	PROPN
aijbe-867	400	21	/	/	SYM
aijbe-867	400	22	eviews	eviews	PROPN
aijbe-867	400	23	legacy	legacy	NOUN
aijbe-867	400	24	)	)	PUNCT
aijbe-867	400	25	date	date	NOUN
aijbe-867	400	26	:	:	PUNCT
aijbe-867	401	1	07/27/23	07/27/23	NUM
aijbe-867	401	2	time	time	NOUN
aijbe-867	401	3	:	:	PUNCT
aijbe-867	401	4	20:42	20:42	NUM
aijbe-867	401	5	sample	sample	NOUN
aijbe-867	401	6	(	(	PUNCT
aijbe-867	401	7	adjusted	adjust	VERB
aijbe-867	401	8	):	):	PUNCT
aijbe-867	401	9	1986m02	1986m02	PROPN
aijbe-867	401	10	2021m12	2021m12	PROPN
aijbe-867	401	11	included	include	VERB
aijbe-867	401	12	observations	observation	NOUN
aijbe-867	401	13	:	:	PUNCT
aijbe-867	401	14	431	431	NUM
aijbe-867	401	15	after	after	SCONJ
aijbe-867	401	16	adjustments	adjustment	NOUN
aijbe-867	401	17	convergence	convergence	NOUN
aijbe-867	401	18	achieved	achieve	VERB
aijbe-867	401	19	after	after	ADP
aijbe-867	401	20	51	51	NUM
aijbe-867	401	21	iterations	iteration	NOUN
aijbe-867	401	22	presample	presample	ADJ
aijbe-867	401	23	variance	variance	NOUN
aijbe-867	401	24	:	:	PUNCT
aijbe-867	401	25	backcast	backcast	NOUN
aijbe-867	401	26	(	(	PUNCT
aijbe-867	401	27	parameter	parameter	NOUN
aijbe-867	401	28	=	=	NOUN
aijbe-867	401	29	0.7	0.7	NUM
aijbe-867	401	30	)	)	PUNCT
aijbe-867	401	31	garch	garch	NOUN
aijbe-867	401	32	=	=	SYM
aijbe-867	401	33	c(8	c(8	PROPN
aijbe-867	401	34	)	)	PUNCT
aijbe-867	401	35	+	+	CCONJ
aijbe-867	401	36	c(9)*resid(-1)^2	c(9)*resid(-1)^2	NOUN
aijbe-867	401	37	+	+	CCONJ
aijbe-867	401	38	c(10)*garch(-1	c(10)*garch(-1	ADJ
aijbe-867	401	39	)	)	PUNCT
aijbe-867	401	40	variable	variable	ADJ
aijbe-867	401	41	coefficient	coefficient	NOUN
aijbe-867	401	42	std	std	NOUN
aijbe-867	401	43	.	.	PUNCT
aijbe-867	402	1	error	error	NOUN
aijbe-867	402	2	z	z	NOUN
aijbe-867	402	3	-	-	PUNCT
aijbe-867	402	4	statistic	statistic	ADJ
aijbe-867	402	5	prob	prob	NOUN
aijbe-867	402	6	.	.	PUNCT
aijbe-867	403	1	c	c	PROPN
aijbe-867	403	2	-0.010566	-0.010566	PROPN
aijbe-867	404	1	0.013897	0.013897	NUM
aijbe-867	404	2	-0.760309	-0.760309	NOUN
aijbe-867	404	3	0.4471	0.4471	NUM
aijbe-867	404	4	log(oprice	log(oprice	NOUN
aijbe-867	404	5	)	)	PUNCT
aijbe-867	404	6	0.011365	0.011365	NUM
aijbe-867	405	1	0.005524	0.005524	NUM
aijbe-867	405	2	2.057201	2.057201	NUM
aijbe-867	405	3	0.0397	0.0397	NUM
aijbe-867	405	4	exch	exch	ADJ
aijbe-867	405	5	-0.000176	-0.000176	NOUN
aijbe-867	405	6	3.01e-05	3.01e-05	NUM
aijbe-867	405	7	-5.839223	-5.839223	NOUN
aijbe-867	405	8	0.0000	0.0000	NUM
aijbe-867	405	9	infl	infl	NOUN
aijbe-867	405	10	0.000284	0.000284	NUM
aijbe-867	405	11	0.000158	0.000158	NUM
aijbe-867	405	12	1.800160	1.800160	NUM
aijbe-867	405	13	0.0718	0.0718	NUM
aijbe-867	405	14	int	int	NOUN
aijbe-867	405	15	-0.000789	-0.000789	NOUN
aijbe-867	405	16	0.001344	0.001344	NUM
aijbe-867	405	17	-0.586612	-0.586612	NOUN
aijbe-867	405	18	0.5575	0.5575	NUM
aijbe-867	405	19	gdpgr	gdpgr	VERB
aijbe-867	405	20	0.002072	0.002072	NUM
aijbe-867	405	21	0.000781	0.000781	NUM
aijbe-867	405	22	2.651872	2.651872	NUM
aijbe-867	405	23	0.0080	0.0080	NUM
aijbe-867	405	24	log(asi(-1	log(asi(-1	NUM
aijbe-867	405	25	)	)	PUNCT
aijbe-867	405	26	)	)	PUNCT
aijbe-867	406	1	0.999486	0.999486	NUM
aijbe-867	406	2	0.002535	0.002535	NUM
aijbe-867	406	3	394.3313	394.3313	NUM
aijbe-867	406	4	0.0000	0.0000	NUM
aijbe-867	406	5	variance	variance	NOUN
aijbe-867	406	6	equation	equation	NOUN
aijbe-867	406	7	c	c	VERB
aijbe-867	406	8	0.000271	0.000271	NUM
aijbe-867	406	9	7.17e-05	7.17e-05	NUM
aijbe-867	406	10	3.775402	3.775402	NUM
aijbe-867	406	11	0.0002	0.0002	NUM
aijbe-867	407	1	resid(-1)^2	resid(-1)^2	PROPN
aijbe-867	407	2	0.440670	0.440670	NUM
aijbe-867	407	3	0.090984	0.090984	NUM
aijbe-867	407	4	4.843394	4.843394	NUM
aijbe-867	407	5	0.0000	0.0000	NUM
aijbe-867	407	6	garch(-1	garch(-1	NOUN
aijbe-867	407	7	)	)	PUNCT
aijbe-867	407	8	0.581494	0.581494	NUM
aijbe-867	407	9	0.054501	0.054501	NUM
aijbe-867	407	10	10.66942	10.66942	NUM
aijbe-867	407	11	0.0000	0.0000	NUM
aijbe-867	407	12	r	r	X
aijbe-867	407	13	-	-	PUNCT
aijbe-867	407	14	squared	square	VERB
aijbe-867	407	15	0.998726	0.998726	NUM
aijbe-867	407	16	mean	mean	NOUN
aijbe-867	407	17	dependent	dependent	ADJ
aijbe-867	407	18	var	var	NOUN
aijbe-867	407	19	8.928103	8.928103	NUM
aijbe-867	407	20	adjusted	adjust	VERB
aijbe-867	407	21	r	r	NOUN
aijbe-867	407	22	-	-	PUNCT
aijbe-867	407	23	squared	square	VERB
aijbe-867	407	24	0.998708	0.998708	NUM
aijbe-867	407	25	s.d	s.d	PROPN
aijbe-867	407	26	.	.	PUNCT
aijbe-867	408	1	dependent	dependent	ADJ
aijbe-867	408	2	var	var	NOUN
aijbe-867	408	3	1.783120	1.783120	NUM
aijbe-867	408	4	s.e	s.e	PROPN
aijbe-867	408	5	.	.	PROPN
aijbe-867	408	6	of	of	ADP
aijbe-867	408	7	regression	regression	NOUN
aijbe-867	408	8	0.064091	0.064091	NUM
aijbe-867	408	9	akaike	akaike	ADJ
aijbe-867	408	10	info	info	NOUN
aijbe-867	408	11	criterion	criterion	NOUN
aijbe-867	408	12	-2.951745	-2.951745	NOUN
aijbe-867	408	13	sum	sum	PROPN
aijbe-867	408	14	squared	square	VERB
aijbe-867	408	15	resid	resid	NOUN
aijbe-867	408	16	1.741669	1.741669	NUM
aijbe-867	408	17	schwarz	schwarz	PROPN
aijbe-867	408	18	criterion	criterion	NOUN
aijbe-867	408	19	-2.857404	-2.857404	PROPN
aijbe-867	408	20	log	log	PROPN
aijbe-867	408	21	likelihood	likelihood	NOUN
aijbe-867	408	22	646.1010	646.1010	NUM
aijbe-867	408	23	hannan	hannan	PROPN
aijbe-867	408	24	-	-	PUNCT
aijbe-867	408	25	quinn	quinn	PROPN
aijbe-867	408	26	criter	criter	NOUN
aijbe-867	408	27	.	.	PUNCT
aijbe-867	409	1	-2.914496	-2.914496	PROPN
aijbe-867	409	2	durbin	durbin	PROPN
aijbe-867	409	3	-	-	PUNCT
aijbe-867	409	4	watson	watson	NOUN
aijbe-867	409	5	stat	stat	PROPN
aijbe-867	409	6	1.634520	1.634520	NUM
aijbe-867	409	7	ikemenogo	ikemenogo	PROPN
aijbe-867	409	8	,	,	PUNCT
aijbe-867	409	9	eze	eze	PROPN
aijbe-867	409	10	solomon	solomon	PROPN
aijbe-867	409	11	(	(	PUNCT
aijbe-867	409	12	2024	2024	NUM
aijbe-867	409	13	)	)	PUNCT
aijbe-867	409	14	american	american	ADJ
aijbe-867	409	15	interdisciplinary	interdisciplinary	ADJ
aijbe-867	409	16	journal	journal	NOUN
aijbe-867	409	17	of	of	ADP
aijbe-867	409	18	business	business	NOUN
aijbe-867	409	19	and	and	CCONJ
aijbe-867	409	20	economics	economic	NOUN
aijbe-867	409	21	|	|	ADV
aijbe-867	409	22	54	54	NUM
aijbe-867	409	23	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	VERB
aijbe-867	409	24	the	the	DET
aijbe-867	409	25	estimation	estimation	NOUN
aijbe-867	409	26	output	output	NOUN
aijbe-867	409	27	as	as	SCONJ
aijbe-867	409	28	shown	show	VERB
aijbe-867	409	29	in	in	ADP
aijbe-867	409	30	table	table	NOUN
aijbe-867	409	31	4.4	4.4	NUM
aijbe-867	409	32	,	,	PUNCT
aijbe-867	409	33	shows	show	VERB
aijbe-867	409	34	the	the	DET
aijbe-867	409	35	results	result	NOUN
aijbe-867	409	36	of	of	ADP
aijbe-867	409	37	the	the	DET
aijbe-867	409	38	regression	regression	NOUN
aijbe-867	409	39	for	for	ADP
aijbe-867	409	40	the	the	DET
aijbe-867	409	41	variables	variable	NOUN
aijbe-867	409	42	used	use	VERB
aijbe-867	409	43	to	to	PART
aijbe-867	409	44	capture	capture	VERB
aijbe-867	409	45	oil	oil	NOUN
aijbe-867	409	46	price	price	NOUN
aijbe-867	409	47	volatility	volatility	NOUN
aijbe-867	409	48	and	and	CCONJ
aijbe-867	409	49	stock	stock	NOUN
aijbe-867	409	50	market	market	NOUN
aijbe-867	409	51	returns	return	NOUN
aijbe-867	409	52	in	in	ADP
aijbe-867	409	53	nigeria	nigeria	PROPN
aijbe-867	409	54	.	.	PUNCT
aijbe-867	410	1	the	the	DET
aijbe-867	410	2	lagged	lag	VERB
aijbe-867	410	3	value	value	NOUN
aijbe-867	410	4	of	of	ADP
aijbe-867	410	5	all	all	DET
aijbe-867	410	6	-	-	PUNCT
aijbe-867	410	7	share	share	NOUN
aijbe-867	410	8	indices	index	NOUN
aijbe-867	410	9	has	have	VERB
aijbe-867	410	10	a	a	DET
aijbe-867	410	11	positive	positive	ADJ
aijbe-867	410	12	and	and	CCONJ
aijbe-867	410	13	significant	significant	ADJ
aijbe-867	410	14	impact	impact	NOUN
aijbe-867	410	15	on	on	ADP
aijbe-867	410	16	the	the	DET
aijbe-867	410	17	current	current	ADJ
aijbe-867	410	18	value	value	NOUN
aijbe-867	410	19	of	of	ADP
aijbe-867	410	20	asi	asi	NOUN
aijbe-867	410	21	.	.	PUNCT
aijbe-867	411	1	the	the	DET
aijbe-867	411	2	response	response	NOUN
aijbe-867	411	3	of	of	ADP
aijbe-867	411	4	the	the	DET
aijbe-867	411	5	current	current	ADJ
aijbe-867	411	6	value	value	NOUN
aijbe-867	411	7	of	of	ADP
aijbe-867	411	8	asi	asi	NOUN
aijbe-867	411	9	to	to	ADP
aijbe-867	411	10	the	the	DET
aijbe-867	411	11	previous	previous	ADJ
aijbe-867	411	12	value	value	NOUN
aijbe-867	411	13	of	of	ADP
aijbe-867	411	14	asi	asi	NOUN
aijbe-867	411	15	is	be	AUX
aijbe-867	411	16	0.999486	0.999486	NUM
aijbe-867	411	17	with	with	ADP
aijbe-867	411	18	a	a	DET
aijbe-867	411	19	probability	probability	NOUN
aijbe-867	411	20	value	value	NOUN
aijbe-867	411	21	of	of	ADP
aijbe-867	411	22	0.0000	0.0000	NUM
aijbe-867	411	23	meaning	mean	VERB
aijbe-867	411	24	that	that	SCONJ
aijbe-867	411	25	it	it	PRON
aijbe-867	411	26	is	be	AUX
aijbe-867	411	27	significant	significant	ADJ
aijbe-867	411	28	at	at	ADP
aijbe-867	411	29	1	1	NUM
aijbe-867	411	30	percent	percent	NOUN
aijbe-867	411	31	level	level	NOUN
aijbe-867	411	32	.	.	PUNCT
aijbe-867	412	1	the	the	DET
aijbe-867	412	2	economic	economic	ADJ
aijbe-867	412	3	implication	implication	NOUN
aijbe-867	412	4	is	be	AUX
aijbe-867	412	5	that	that	SCONJ
aijbe-867	412	6	a	a	DET
aijbe-867	412	7	1	1	NUM
aijbe-867	412	8	percent	percent	NOUN
aijbe-867	412	9	increase	increase	NOUN
aijbe-867	412	10	in	in	ADP
aijbe-867	412	11	asi	asi	NOUN
aijbe-867	412	12	(	(	PUNCT
aijbe-867	412	13	-1	-1	INTJ
aijbe-867	412	14	)	)	PUNCT
aijbe-867	412	15	may	may	AUX
aijbe-867	412	16	lead	lead	VERB
aijbe-867	412	17	to	to	ADP
aijbe-867	412	18	0.999486	0.999486	NUM
aijbe-867	412	19	percent	percent	NOUN
aijbe-867	412	20	increase	increase	NOUN
aijbe-867	412	21	in	in	ADP
aijbe-867	412	22	the	the	DET
aijbe-867	412	23	current	current	ADJ
aijbe-867	412	24	value	value	NOUN
aijbe-867	412	25	of	of	ADP
aijbe-867	412	26	asi	asi	NOUN
aijbe-867	412	27	or	or	CCONJ
aijbe-867	412	28	stock	stock	NOUN
aijbe-867	412	29	market	market	NOUN
aijbe-867	412	30	returns	return	NOUN
aijbe-867	412	31	in	in	ADP
aijbe-867	412	32	nigeria	nigeria	PROPN
aijbe-867	412	33	.	.	PUNCT
aijbe-867	413	1	the	the	DET
aijbe-867	413	2	oil	oil	NOUN
aijbe-867	413	3	price	price	NOUN
aijbe-867	413	4	also	also	ADV
aijbe-867	413	5	exhibits	exhibit	VERB
aijbe-867	413	6	a	a	DET
aijbe-867	413	7	positive	positive	ADJ
aijbe-867	413	8	and	and	CCONJ
aijbe-867	413	9	significant	significant	ADJ
aijbe-867	413	10	effect	effect	NOUN
aijbe-867	413	11	on	on	ADP
aijbe-867	413	12	all	all	DET
aijbe-867	413	13	-	-	PUNCT
aijbe-867	413	14	share	share	NOUN
aijbe-867	413	15	indices	index	NOUN
aijbe-867	413	16	in	in	ADP
aijbe-867	413	17	nigeria	nigeria	PROPN
aijbe-867	413	18	.	.	PUNCT
aijbe-867	414	1	the	the	DET
aijbe-867	414	2	coefficient	coefficient	NOUN
aijbe-867	414	3	of	of	ADP
aijbe-867	414	4	response	response	NOUN
aijbe-867	414	5	of	of	ADP
aijbe-867	414	6	asi	asi	NOUN
aijbe-867	414	7	to	to	PART
aijbe-867	414	8	oprice	oprice	PROPN
aijbe-867	414	9	is	be	AUX
aijbe-867	414	10	0.011365	0.011365	NUM
aijbe-867	414	11	with	with	ADP
aijbe-867	414	12	a	a	DET
aijbe-867	414	13	probability	probability	NOUN
aijbe-867	414	14	of	of	ADP
aijbe-867	414	15	0.0397	0.0397	NUM
aijbe-867	414	16	revealing	reveal	VERB
aijbe-867	414	17	that	that	SCONJ
aijbe-867	414	18	it	it	PRON
aijbe-867	414	19	is	be	AUX
aijbe-867	414	20	significant	significant	ADJ
aijbe-867	414	21	at	at	ADP
aijbe-867	414	22	5	5	NUM
aijbe-867	414	23	percent	percent	NOUN
aijbe-867	414	24	level	level	NOUN
aijbe-867	414	25	.	.	PUNCT
aijbe-867	415	1	by	by	ADP
aijbe-867	415	2	implication	implication	NOUN
aijbe-867	415	3	,	,	PUNCT
aijbe-867	415	4	a	a	DET
aijbe-867	415	5	1	1	NUM
aijbe-867	415	6	percent	percent	NOUN
aijbe-867	415	7	increase	increase	NOUN
aijbe-867	415	8	in	in	ADP
aijbe-867	415	9	the	the	DET
aijbe-867	415	10	oil	oil	NOUN
aijbe-867	415	11	price	price	NOUN
aijbe-867	415	12	leads	lead	VERB
aijbe-867	415	13	to	to	ADP
aijbe-867	415	14	0.011365	0.011365	NUM
aijbe-867	415	15	increase	increase	NOUN
aijbe-867	415	16	in	in	ADP
aijbe-867	415	17	all	all	DET
aijbe-867	415	18	-	-	PUNCT
aijbe-867	415	19	share	share	NOUN
aijbe-867	415	20	indices	index	NOUN
aijbe-867	415	21	in	in	ADP
aijbe-867	415	22	nigeria	nigeria	PROPN
aijbe-867	415	23	.	.	PUNCT
aijbe-867	416	1	the	the	DET
aijbe-867	416	2	exchange	exchange	NOUN
aijbe-867	416	3	rate	rate	NOUN
aijbe-867	416	4	(	(	PUNCT
aijbe-867	416	5	exch	exch	PROPN
aijbe-867	416	6	)	)	PUNCT
aijbe-867	416	7	has	have	VERB
aijbe-867	416	8	a	a	DET
aijbe-867	416	9	negative	negative	ADJ
aijbe-867	416	10	and	and	CCONJ
aijbe-867	416	11	significant	significant	ADJ
aijbe-867	416	12	impact	impact	NOUN
aijbe-867	416	13	on	on	ADP
aijbe-867	416	14	all	all	DET
aijbe-867	416	15	-	-	PUNCT
aijbe-867	416	16	share	share	NOUN
aijbe-867	416	17	indices	index	NOUN
aijbe-867	416	18	.	.	PUNCT
aijbe-867	417	1	the	the	DET
aijbe-867	417	2	response	response	NOUN
aijbe-867	417	3	of	of	ADP
aijbe-867	417	4	asi	asi	NOUN
aijbe-867	417	5	to	to	ADP
aijbe-867	417	6	exch	exch	PROPN
aijbe-867	417	7	is	be	AUX
aijbe-867	417	8	-0.000176	-0.000176	NOUN
aijbe-867	417	9	with	with	ADP
aijbe-867	417	10	a	a	DET
aijbe-867	417	11	probability	probability	NOUN
aijbe-867	417	12	value	value	NOUN
aijbe-867	417	13	of	of	ADP
aijbe-867	417	14	0.0000	0.0000	NUM
aijbe-867	417	15	showing	show	VERB
aijbe-867	417	16	that	that	SCONJ
aijbe-867	417	17	it	it	PRON
aijbe-867	417	18	is	be	AUX
aijbe-867	417	19	significant	significant	ADJ
aijbe-867	417	20	at	at	ADP
aijbe-867	417	21	1	1	NUM
aijbe-867	417	22	percent	percent	NOUN
aijbe-867	417	23	level	level	NOUN
aijbe-867	417	24	.	.	PUNCT
aijbe-867	418	1	the	the	DET
aijbe-867	418	2	economic	economic	ADJ
aijbe-867	418	3	intuition	intuition	NOUN
aijbe-867	418	4	is	be	AUX
aijbe-867	418	5	that	that	SCONJ
aijbe-867	418	6	a	a	DET
aijbe-867	418	7	1	1	NUM
aijbe-867	418	8	percent	percent	NOUN
aijbe-867	418	9	increase	increase	NOUN
aijbe-867	418	10	in	in	ADP
aijbe-867	418	11	exch	exch	PROPN
aijbe-867	418	12	will	will	AUX
aijbe-867	418	13	lead	lead	VERB
aijbe-867	418	14	to	to	ADP
aijbe-867	418	15	0.000176	0.000176	NUM
aijbe-867	418	16	decrease	decrease	NOUN
aijbe-867	418	17	in	in	ADP
aijbe-867	418	18	all	all	DET
aijbe-867	418	19	-	-	PUNCT
aijbe-867	418	20	share	share	NOUN
aijbe-867	418	21	index	index	NOUN
aijbe-867	418	22	or	or	CCONJ
aijbe-867	418	23	stock	stock	NOUN
aijbe-867	418	24	market	market	NOUN
aijbe-867	418	25	returns	return	NOUN
aijbe-867	418	26	in	in	ADP
aijbe-867	418	27	nigeria	nigeria	PROPN
aijbe-867	418	28	.	.	PUNCT
aijbe-867	419	1	the	the	DET
aijbe-867	419	2	inflation	inflation	NOUN
aijbe-867	419	3	rate	rate	NOUN
aijbe-867	419	4	(	(	PUNCT
aijbe-867	419	5	infl	infl	PROPN
aijbe-867	419	6	)	)	PUNCT
aijbe-867	419	7	has	have	VERB
aijbe-867	419	8	a	a	DET
aijbe-867	419	9	positive	positive	ADJ
aijbe-867	419	10	and	and	CCONJ
aijbe-867	419	11	significant	significant	ADJ
aijbe-867	419	12	on	on	ADP
aijbe-867	419	13	all	all	DET
aijbe-867	419	14	-	-	PUNCT
aijbe-867	419	15	share	share	NOUN
aijbe-867	419	16	indices	index	NOUN
aijbe-867	419	17	or	or	CCONJ
aijbe-867	419	18	stock	stock	NOUN
aijbe-867	419	19	market	market	NOUN
aijbe-867	419	20	returns	return	NOUN
aijbe-867	419	21	in	in	ADP
aijbe-867	419	22	nigeria	nigeria	PROPN
aijbe-867	419	23	.	.	PUNCT
aijbe-867	420	1	the	the	DET
aijbe-867	420	2	response	response	NOUN
aijbe-867	420	3	of	of	ADP
aijbe-867	420	4	asi	asi	NOUN
aijbe-867	420	5	to	to	ADP
aijbe-867	420	6	infl	infl	PROPN
aijbe-867	420	7	is	be	AUX
aijbe-867	420	8	0.000284	0.000284	NUM
aijbe-867	420	9	with	with	ADP
aijbe-867	420	10	a	a	DET
aijbe-867	420	11	probability	probability	NOUN
aijbe-867	420	12	of	of	ADP
aijbe-867	420	13	0.0718	0.0718	NUM
aijbe-867	420	14	meaning	mean	VERB
aijbe-867	420	15	that	that	SCONJ
aijbe-867	420	16	it	it	PRON
aijbe-867	420	17	is	be	AUX
aijbe-867	420	18	significant	significant	ADJ
aijbe-867	420	19	at	at	ADP
aijbe-867	420	20	10	10	NUM
aijbe-867	420	21	percent	percent	NOUN
aijbe-867	420	22	level	level	NOUN
aijbe-867	420	23	.	.	PUNCT
aijbe-867	421	1	this	this	PRON
aijbe-867	421	2	implies	imply	VERB
aijbe-867	421	3	that	that	SCONJ
aijbe-867	421	4	a	a	DET
aijbe-867	421	5	1	1	NUM
aijbe-867	421	6	percent	percent	NOUN
aijbe-867	421	7	increase	increase	NOUN
aijbe-867	421	8	in	in	ADP
aijbe-867	421	9	infl	infl	PROPN
aijbe-867	421	10	will	will	AUX
aijbe-867	421	11	lead	lead	VERB
aijbe-867	421	12	to	to	ADP
aijbe-867	421	13	a	a	DET
aijbe-867	421	14	0.000248	0.000248	NUM
aijbe-867	421	15	percent	percent	NOUN
aijbe-867	421	16	increase	increase	NOUN
aijbe-867	421	17	in	in	ADP
aijbe-867	421	18	stock	stock	NOUN
aijbe-867	421	19	market	market	NOUN
aijbe-867	421	20	returns	return	NOUN
aijbe-867	421	21	or	or	CCONJ
aijbe-867	421	22	allshare	allshare	PROPN
aijbe-867	421	23	index	index	NOUN
aijbe-867	421	24	.	.	PUNCT
aijbe-867	422	1	the	the	DET
aijbe-867	422	2	interest	interest	NOUN
aijbe-867	422	3	rate	rate	NOUN
aijbe-867	422	4	has	have	VERB
aijbe-867	422	5	a	a	DET
aijbe-867	422	6	negative	negative	ADJ
aijbe-867	422	7	but	but	CCONJ
aijbe-867	422	8	insignificant	insignificant	ADJ
aijbe-867	422	9	effect	effect	NOUN
aijbe-867	422	10	on	on	ADP
aijbe-867	422	11	all	all	DET
aijbe-867	422	12	-	-	PUNCT
aijbe-867	422	13	share	share	NOUN
aijbe-867	422	14	index	index	NOUN
aijbe-867	422	15	or	or	CCONJ
aijbe-867	422	16	stock	stock	NOUN
aijbe-867	422	17	market	market	NOUN
aijbe-867	422	18	returns	return	NOUN
aijbe-867	422	19	in	in	ADP
aijbe-867	422	20	nigeria	nigeria	PROPN
aijbe-867	422	21	.	.	PUNCT
aijbe-867	423	1	the	the	DET
aijbe-867	423	2	response	response	NOUN
aijbe-867	423	3	of	of	ADP
aijbe-867	423	4	asi	asi	NOUN
aijbe-867	423	5	to	to	ADP
aijbe-867	423	6	int	int	PROPN
aijbe-867	423	7	is	be	AUX
aijbe-867	423	8	-0.000789	-0.000789	NOUN
aijbe-867	423	9	with	with	ADP
aijbe-867	423	10	a	a	DET
aijbe-867	423	11	probability	probability	NOUN
aijbe-867	423	12	of	of	ADP
aijbe-867	423	13	0.5575	0.5575	NUM
aijbe-867	423	14	.	.	PUNCT
aijbe-867	424	1	the	the	DET
aijbe-867	424	2	economic	economic	ADJ
aijbe-867	424	3	intuition	intuition	NOUN
aijbe-867	424	4	is	be	AUX
aijbe-867	424	5	that	that	SCONJ
aijbe-867	424	6	a	a	DET
aijbe-867	424	7	one	one	NUM
aijbe-867	424	8	percent	percent	NOUN
aijbe-867	424	9	increase	increase	NOUN
aijbe-867	424	10	in	in	ADP
aijbe-867	424	11	int	int	NOUN
aijbe-867	424	12	may	may	AUX
aijbe-867	424	13	not	not	PART
aijbe-867	424	14	have	have	VERB
aijbe-867	424	15	any	any	DET
aijbe-867	424	16	significant	significant	ADJ
aijbe-867	424	17	impact	impact	NOUN
aijbe-867	424	18	on	on	ADP
aijbe-867	424	19	stock	stock	NOUN
aijbe-867	424	20	market	market	NOUN
aijbe-867	424	21	returns	return	NOUN
aijbe-867	424	22	or	or	CCONJ
aijbe-867	424	23	asi	asi	NOUN
aijbe-867	424	24	in	in	ADP
aijbe-867	424	25	nigeria	nigeria	PROPN
aijbe-867	424	26	.	.	PUNCT
aijbe-867	425	1	the	the	DET
aijbe-867	425	2	gross	gross	ADJ
aijbe-867	425	3	domestic	domestic	ADJ
aijbe-867	425	4	product	product	NOUN
aijbe-867	425	5	growth	growth	NOUN
aijbe-867	425	6	rate	rate	NOUN
aijbe-867	425	7	(	(	PUNCT
aijbe-867	425	8	gdpgr	gdpgr	PROPN
aijbe-867	425	9	)	)	PUNCT
aijbe-867	425	10	has	have	VERB
aijbe-867	425	11	a	a	DET
aijbe-867	425	12	positive	positive	ADJ
aijbe-867	425	13	and	and	CCONJ
aijbe-867	425	14	significant	significant	ADJ
aijbe-867	425	15	impact	impact	NOUN
aijbe-867	425	16	on	on	ADP
aijbe-867	425	17	all	all	DET
aijbe-867	425	18	-	-	PUNCT
aijbe-867	425	19	share	share	NOUN
aijbe-867	425	20	index	index	NOUN
aijbe-867	425	21	or	or	CCONJ
aijbe-867	425	22	stock	stock	NOUN
aijbe-867	425	23	market	market	NOUN
aijbe-867	425	24	returns	return	NOUN
aijbe-867	425	25	in	in	ADP
aijbe-867	425	26	nigeria	nigeria	PROPN
aijbe-867	425	27	.	.	PUNCT
aijbe-867	426	1	the	the	DET
aijbe-867	426	2	response	response	NOUN
aijbe-867	426	3	of	of	ADP
aijbe-867	426	4	asi	asi	NOUN
aijbe-867	426	5	to	to	PART
aijbe-867	426	6	gdpgr	gdpgr	VERB
aijbe-867	426	7	is	be	AUX
aijbe-867	426	8	0.002072	0.002072	NUM
aijbe-867	426	9	with	with	ADP
aijbe-867	426	10	a	a	DET
aijbe-867	426	11	probability	probability	NOUN
aijbe-867	426	12	of	of	ADP
aijbe-867	426	13	0.0080	0.0080	NUM
aijbe-867	426	14	which	which	PRON
aijbe-867	426	15	shows	show	VERB
aijbe-867	426	16	that	that	SCONJ
aijbe-867	426	17	it	it	PRON
aijbe-867	426	18	is	be	AUX
aijbe-867	426	19	significant	significant	ADJ
aijbe-867	426	20	at	at	ADP
aijbe-867	426	21	5	5	NUM
aijbe-867	426	22	percent	percent	NOUN
aijbe-867	426	23	level	level	NOUN
aijbe-867	426	24	.	.	PUNCT
aijbe-867	427	1	the	the	DET
aijbe-867	427	2	economic	economic	ADJ
aijbe-867	427	3	implication	implication	NOUN
aijbe-867	427	4	is	be	AUX
aijbe-867	427	5	that	that	SCONJ
aijbe-867	427	6	a	a	DET
aijbe-867	427	7	1	1	NUM
aijbe-867	427	8	percent	percent	NOUN
aijbe-867	427	9	increase	increase	NOUN
aijbe-867	427	10	in	in	ADP
aijbe-867	427	11	gdpgr	gdpgr	NOUN
aijbe-867	427	12	will	will	AUX
aijbe-867	427	13	lead	lead	VERB
aijbe-867	427	14	to	to	ADP
aijbe-867	427	15	0.002072	0.002072	NUM
aijbe-867	427	16	percent	percent	NOUN
aijbe-867	427	17	increase	increase	NOUN
aijbe-867	427	18	in	in	ADP
aijbe-867	427	19	asi	asi	NOUN
aijbe-867	427	20	of	of	ADP
aijbe-867	427	21	stock	stock	NOUN
aijbe-867	427	22	market	market	NOUN
aijbe-867	427	23	returns	return	NOUN
aijbe-867	427	24	in	in	ADP
aijbe-867	427	25	nigeria	nigeria	PROPN
aijbe-867	427	26	.	.	PUNCT
aijbe-867	428	1	the	the	DET
aijbe-867	428	2	estimated	estimate	VERB
aijbe-867	428	3	variance	variance	NOUN
aijbe-867	428	4	equation	equation	NOUN
aijbe-867	428	5	is	be	AUX
aijbe-867	428	6	as	as	SCONJ
aijbe-867	428	7	follows	follow	VERB
aijbe-867	428	8	:	:	PUNCT
aijbe-867	428	9	ℎ̂𝑡	ℎ̂𝑡	NOUN
aijbe-867	428	10	=	=	PUNCT
aijbe-867	428	11	0.000271	0.000271	NUM
aijbe-867	428	12	(	(	PUNCT
aijbe-867	428	13	3.775402	3.775402	NUM
aijbe-867	428	14	)	)	PUNCT
aijbe-867	428	15	+	+	SYM
aijbe-867	429	1	0.581494ℎ̂𝑡−1	0.581494ℎ̂𝑡−1	NUM
aijbe-867	429	2	(	(	PUNCT
aijbe-867	429	3	10.66942	10.66942	NUM
aijbe-867	429	4	)	)	PUNCT
aijbe-867	430	1	+	+	CCONJ
aijbe-867	430	2	0.440670	0.440670	NUM
aijbe-867	430	3	�	�	SYM
aijbe-867	430	4	̂	̂	VERB
aijbe-867	430	5	�	�	PROPN
aijbe-867	430	6	2	2	NUM
aijbe-867	430	7	𝑡−1	𝑡−1	PROPN
aijbe-867	430	8	(	(	PUNCT
aijbe-867	430	9	4.843394	4.843394	NUM
aijbe-867	430	10	)	)	PUNCT
aijbe-867	430	11	the	the	DET
aijbe-867	430	12	coefficient	coefficient	NOUN
aijbe-867	430	13	of	of	ADP
aijbe-867	430	14	constant	constant	ADJ
aijbe-867	430	15	variance	variance	NOUN
aijbe-867	430	16	term	term	NOUN
aijbe-867	430	17	,	,	PUNCT
aijbe-867	430	18	the	the	DET
aijbe-867	430	19	arch	arch	ADJ
aijbe-867	430	20	and	and	CCONJ
aijbe-867	430	21	garch	garch	NOUN
aijbe-867	430	22	parameters	parameter	NOUN
aijbe-867	430	23	are	be	AUX
aijbe-867	430	24	positive	positive	ADJ
aijbe-867	430	25	and	and	CCONJ
aijbe-867	430	26	statistically	statistically	ADV
aijbe-867	430	27	significant	significant	ADJ
aijbe-867	430	28	at	at	ADP
aijbe-867	430	29	1	1	NUM
aijbe-867	430	30	percent	percent	NOUN
aijbe-867	430	31	level	level	NOUN
aijbe-867	430	32	.	.	PUNCT
aijbe-867	431	1	this	this	PRON
aijbe-867	431	2	gives	give	VERB
aijbe-867	431	3	the	the	DET
aijbe-867	431	4	result	result	NOUN
aijbe-867	431	5	of	of	ADP
aijbe-867	431	6	the	the	DET
aijbe-867	431	7	garch	garch	NOUN
aijbe-867	431	8	model	model	NOUN
aijbe-867	431	9	.	.	PUNCT
aijbe-867	432	1	the	the	DET
aijbe-867	432	2	time	time	NOUN
aijbe-867	432	3	-	-	PUNCT
aijbe-867	432	4	varying	vary	VERB
aijbe-867	432	5	volatility	volatility	NOUN
aijbe-867	432	6	includes	include	VERB
aijbe-867	432	7	a	a	DET
aijbe-867	432	8	constant	constant	ADJ
aijbe-867	432	9	(	(	PUNCT
aijbe-867	432	10	0.000271	0.000271	NUM
aijbe-867	432	11	)	)	PUNCT
aijbe-867	432	12	plus	plus	CCONJ
aijbe-867	432	13	its	its	PRON
aijbe-867	432	14	past	past	NOUN
aijbe-867	432	15	(	(	PUNCT
aijbe-867	432	16	0.581494ℎ̂𝑡−1	0.581494ℎ̂𝑡−1	NUM
aijbe-867	432	17	)	)	PUNCT
aijbe-867	432	18	and	and	CCONJ
aijbe-867	432	19	a	a	DET
aijbe-867	432	20	component	component	NOUN
aijbe-867	432	21	which	which	PRON
aijbe-867	432	22	depends	depend	VERB
aijbe-867	432	23	on	on	ADP
aijbe-867	432	24	past	past	ADJ
aijbe-867	432	25	errors	error	NOUN
aijbe-867	432	26	0.440670	0.440670	NUM
aijbe-867	432	27	�	�	SYM
aijbe-867	432	28	̂	̂	VERB
aijbe-867	432	29	�	�	PROPN
aijbe-867	432	30	2	2	NUM
aijbe-867	432	31	𝑡−1	𝑡−1	PROPN
aijbe-867	432	32	.	.	PUNCT
aijbe-867	433	1	these	these	DET
aijbe-867	433	2	findings	finding	NOUN
aijbe-867	433	3	clearly	clearly	ADV
aijbe-867	433	4	established	establish	VERB
aijbe-867	433	5	the	the	DET
aijbe-867	433	6	presence	presence	NOUN
aijbe-867	433	7	of	of	ADP
aijbe-867	433	8	time	time	NOUN
aijbe-867	433	9	-	-	PUNCT
aijbe-867	433	10	varying	vary	VERB
aijbe-867	433	11	conditional	conditional	ADJ
aijbe-867	433	12	volatility	volatility	NOUN
aijbe-867	433	13	of	of	ADP
aijbe-867	433	14	returns	return	NOUN
aijbe-867	433	15	of	of	ADP
aijbe-867	433	16	the	the	DET
aijbe-867	433	17	stock	stock	NOUN
aijbe-867	433	18	.	.	PUNCT
aijbe-867	434	1	this	this	PRON
aijbe-867	434	2	,	,	PUNCT
aijbe-867	434	3	result	result	NOUN
aijbe-867	434	4	also	also	ADV
aijbe-867	434	5	indicates	indicate	VERB
aijbe-867	434	6	that	that	SCONJ
aijbe-867	434	7	the	the	DET
aijbe-867	434	8	persistence	persistence	NOUN
aijbe-867	434	9	of	of	ADP
aijbe-867	434	10	volatility	volatility	NOUN
aijbe-867	434	11	shocks	shock	NOUN
aijbe-867	434	12	,	,	PUNCT
aijbe-867	434	13	as	as	SCONJ
aijbe-867	434	14	presented	present	VERB
aijbe-867	434	15	by	by	ADP
aijbe-867	434	16	the	the	DET
aijbe-867	434	17	sum	sum	NOUN
aijbe-867	434	18	of	of	ADP
aijbe-867	434	19	arch	arch	ADJ
aijbe-867	434	20	and	and	CCONJ
aijbe-867	434	21	garch	garch	NOUN
aijbe-867	434	22	parameters	parameter	NOUN
aijbe-867	434	23	(	(	PUNCT
aijbe-867	434	24	𝑏1	𝑏1	ADJ
aijbe-867	434	25	+	+	CCONJ
aijbe-867	434	26	𝜃1	𝜃1	NOUN
aijbe-867	434	27	)	)	PUNCT
aijbe-867	434	28	,	,	PUNCT
aijbe-867	434	29	is	be	AUX
aijbe-867	434	30	very	very	ADV
aijbe-867	434	31	large	large	ADJ
aijbe-867	434	32	.	.	PUNCT
aijbe-867	435	1	it	it	PRON
aijbe-867	435	2	denotes	denote	VERB
aijbe-867	435	3	that	that	SCONJ
aijbe-867	435	4	the	the	DET
aijbe-867	435	5	effect	effect	NOUN
aijbe-867	435	6	of	of	ADP
aijbe-867	435	7	today	today	NOUN
aijbe-867	435	8	’s	’s	PART
aijbe-867	435	9	shock	shock	NOUN
aijbe-867	435	10	remains	remain	VERB
aijbe-867	435	11	in	in	ADP
aijbe-867	435	12	the	the	DET
aijbe-867	435	13	forecast	forecast	NOUN
aijbe-867	435	14	of	of	ADP
aijbe-867	435	15	variance	variance	NOUN
aijbe-867	435	16	for	for	ADP
aijbe-867	435	17	many	many	ADJ
aijbe-867	435	18	periods	period	NOUN
aijbe-867	435	19	in	in	ADP
aijbe-867	435	20	the	the	DET
aijbe-867	435	21	future	future	NOUN
aijbe-867	435	22	.	.	PUNCT
aijbe-867	436	1	ikemenogo	ikemenogo	PROPN
aijbe-867	436	2	,	,	PUNCT
aijbe-867	436	3	eze	eze	PROPN
aijbe-867	436	4	solomon	solomon	PROPN
aijbe-867	436	5	(	(	PUNCT
aijbe-867	436	6	2024	2024	NUM
aijbe-867	436	7	)	)	PUNCT
aijbe-867	436	8	american	american	ADJ
aijbe-867	436	9	interdisciplinary	interdisciplinary	ADJ
aijbe-867	436	10	journal	journal	NOUN
aijbe-867	436	11	of	of	ADP
aijbe-867	436	12	business	business	NOUN
aijbe-867	436	13	and	and	CCONJ
aijbe-867	436	14	economics	economic	NOUN
aijbe-867	436	15	|	|	ADV
aijbe-867	436	16	55	55	NUM
aijbe-867	436	17	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	436	18	table	table	NOUN
aijbe-867	436	19	4.5	4.5	NUM
aijbe-867	436	20	:	:	PUNCT
aijbe-867	436	21	granger	granger	PROPN
aijbe-867	436	22	causality	causality	PROPN
aijbe-867	436	23	pairwise	pairwise	PROPN
aijbe-867	436	24	granger	granger	NOUN
aijbe-867	436	25	causality	causality	PROPN
aijbe-867	436	26	tests	test	VERB
aijbe-867	436	27	date	date	NOUN
aijbe-867	436	28	:	:	PUNCT
aijbe-867	437	1	07/27/23	07/27/23	NUM
aijbe-867	437	2	time	time	NOUN
aijbe-867	437	3	:	:	PUNCT
aijbe-867	437	4	06:10	06:10	NUM
aijbe-867	437	5	sample	sample	NOUN
aijbe-867	437	6	:	:	PUNCT
aijbe-867	437	7	1986m01	1986m01	PROPN
aijbe-867	437	8	2021m12	2021m12	NUM
aijbe-867	437	9	lags	lag	VERB
aijbe-867	437	10	:	:	PUNCT
aijbe-867	437	11	2	2	NUM
aijbe-867	437	12	null	null	ADJ
aijbe-867	437	13	hypothesis	hypothesis	NOUN
aijbe-867	437	14	:	:	PUNCT
aijbe-867	437	15	obs	obs	PROPN
aijbe-867	437	16	f	f	NOUN
aijbe-867	437	17	-	-	PUNCT
aijbe-867	437	18	statistic	statistic	ADJ
aijbe-867	437	19	prob	prob	NOUN
aijbe-867	437	20	.	.	PUNCT
aijbe-867	437	21	log(oprice	log(oprice	NOUN
aijbe-867	437	22	)	)	PUNCT
aijbe-867	437	23	does	do	AUX
aijbe-867	437	24	not	not	PART
aijbe-867	437	25	granger	granger	AUX
aijbe-867	437	26	cause	cause	VERB
aijbe-867	437	27	log(asi	log(asi	NOUN
aijbe-867	437	28	)	)	PUNCT
aijbe-867	437	29	430	430	NUM
aijbe-867	437	30	0.65586	0.65586	NUM
aijbe-867	437	31	0.5195	0.5195	NUM
aijbe-867	437	32	log(asi	log(asi	NOUN
aijbe-867	437	33	)	)	PUNCT
aijbe-867	437	34	does	do	AUX
aijbe-867	437	35	not	not	PART
aijbe-867	437	36	granger	granger	AUX
aijbe-867	437	37	cause	cause	VERB
aijbe-867	437	38	log(oprice	log(oprice	NOUN
aijbe-867	437	39	)	)	PUNCT
aijbe-867	437	40	9.24011	9.24011	NUM
aijbe-867	437	41	0.0001	0.0001	NUM
aijbe-867	437	42	exch	exch	NOUN
aijbe-867	437	43	does	do	AUX
aijbe-867	437	44	not	not	PART
aijbe-867	437	45	granger	granger	AUX
aijbe-867	437	46	cause	cause	VERB
aijbe-867	437	47	log(asi	log(asi	NOUN
aijbe-867	437	48	)	)	PUNCT
aijbe-867	437	49	430	430	NUM
aijbe-867	437	50	7.54490	7.54490	NUM
aijbe-867	437	51	0.0006	0.0006	NUM
aijbe-867	437	52	log(asi	log(asi	NOUN
aijbe-867	437	53	)	)	PUNCT
aijbe-867	437	54	does	do	AUX
aijbe-867	437	55	not	not	PART
aijbe-867	437	56	granger	granger	PROPN
aijbe-867	437	57	cause	cause	VERB
aijbe-867	437	58	exch	exch	PROPN
aijbe-867	437	59	1.27020	1.27020	NUM
aijbe-867	437	60	0.2818	0.2818	NUM
aijbe-867	437	61	infl	infl	NOUN
aijbe-867	437	62	does	do	AUX
aijbe-867	437	63	not	not	PART
aijbe-867	437	64	granger	granger	AUX
aijbe-867	437	65	cause	cause	VERB
aijbe-867	437	66	log(asi	log(asi	NOUN
aijbe-867	437	67	)	)	PUNCT
aijbe-867	437	68	430	430	NUM
aijbe-867	437	69	2.37528	2.37528	NUM
aijbe-867	437	70	0.0942	0.0942	NUM
aijbe-867	437	71	log(asi	log(asi	NOUN
aijbe-867	437	72	)	)	PUNCT
aijbe-867	437	73	does	do	AUX
aijbe-867	437	74	not	not	PART
aijbe-867	437	75	granger	granger	VERB
aijbe-867	437	76	cause	cause	VERB
aijbe-867	437	77	infl	infl	PROPN
aijbe-867	437	78	4.71790	4.71790	NUM
aijbe-867	437	79	0.0094	0.0094	NUM
aijbe-867	437	80	int	int	NOUN
aijbe-867	437	81	does	do	AUX
aijbe-867	437	82	not	not	PART
aijbe-867	437	83	granger	granger	AUX
aijbe-867	437	84	cause	cause	VERB
aijbe-867	437	85	log(asi	log(asi	NOUN
aijbe-867	437	86	)	)	PUNCT
aijbe-867	437	87	430	430	NUM
aijbe-867	437	88	4.63126	4.63126	NUM
aijbe-867	437	89	0.0102	0.0102	NUM
aijbe-867	437	90	log(asi	log(asi	NOUN
aijbe-867	437	91	)	)	PUNCT
aijbe-867	437	92	does	do	AUX
aijbe-867	437	93	not	not	PART
aijbe-867	437	94	granger	granger	AUX
aijbe-867	437	95	cause	cause	VERB
aijbe-867	437	96	int	int	PROPN
aijbe-867	437	97	4.67642	4.67642	NUM
aijbe-867	437	98	0.0098	0.0098	NUM
aijbe-867	437	99	gdpgr	gdpgr	NOUN
aijbe-867	437	100	does	do	AUX
aijbe-867	437	101	not	not	PART
aijbe-867	437	102	granger	granger	AUX
aijbe-867	437	103	cause	cause	VERB
aijbe-867	437	104	log(asi	log(asi	NOUN
aijbe-867	437	105	)	)	PUNCT
aijbe-867	437	106	430	430	NUM
aijbe-867	437	107	0.59304	0.59304	NUM
aijbe-867	437	108	0.5531	0.5531	NUM
aijbe-867	437	109	log(asi	log(asi	NOUN
aijbe-867	437	110	)	)	PUNCT
aijbe-867	437	111	does	do	AUX
aijbe-867	437	112	not	not	PART
aijbe-867	437	113	granger	granger	NOUN
aijbe-867	437	114	cause	cause	VERB
aijbe-867	437	115	gdpgr	gdpgr	VERB
aijbe-867	437	116	0.30950	0.30950	NUM
aijbe-867	437	117	0.7340	0.7340	NUM
aijbe-867	437	118	exch	exch	NOUN
aijbe-867	437	119	does	do	AUX
aijbe-867	437	120	not	not	PART
aijbe-867	437	121	granger	granger	AUX
aijbe-867	437	122	cause	cause	VERB
aijbe-867	437	123	log(oprice	log(oprice	NOUN
aijbe-867	437	124	)	)	PUNCT
aijbe-867	437	125	430	430	NUM
aijbe-867	437	126	4.86593	4.86593	NUM
aijbe-867	437	127	0.0081	0.0081	NUM
aijbe-867	437	128	log(oprice	log(oprice	NOUN
aijbe-867	437	129	)	)	PUNCT
aijbe-867	437	130	does	do	AUX
aijbe-867	437	131	not	not	PART
aijbe-867	437	132	granger	granger	AUX
aijbe-867	437	133	cause	cause	VERB
aijbe-867	437	134	exch	exch	PROPN
aijbe-867	437	135	1.94615	1.94615	NUM
aijbe-867	437	136	0.1441	0.1441	NUM
aijbe-867	437	137	based	base	VERB
aijbe-867	437	138	on	on	ADP
aijbe-867	437	139	the	the	DET
aijbe-867	437	140	results	result	NOUN
aijbe-867	437	141	of	of	ADP
aijbe-867	437	142	the	the	DET
aijbe-867	437	143	granger	granger	PROPN
aijbe-867	437	144	causality	causality	PROPN
aijbe-867	437	145	test	test	NOUN
aijbe-867	437	146	conducted	conduct	VERB
aijbe-867	437	147	as	as	SCONJ
aijbe-867	437	148	shown	show	VERB
aijbe-867	437	149	in	in	ADP
aijbe-867	437	150	table	table	NOUN
aijbe-867	437	151	4.5	4.5	NUM
aijbe-867	437	152	,	,	PUNCT
aijbe-867	437	153	the	the	DET
aijbe-867	437	154	following	follow	VERB
aijbe-867	437	155	conclusions	conclusion	NOUN
aijbe-867	437	156	can	can	AUX
aijbe-867	437	157	be	be	AUX
aijbe-867	437	158	drawn	draw	VERB
aijbe-867	437	159	.	.	PUNCT
aijbe-867	438	1	at	at	ADP
aijbe-867	438	2	a	a	DET
aijbe-867	438	3	5	5	NUM
aijbe-867	438	4	%	%	NOUN
aijbe-867	438	5	level	level	NOUN
aijbe-867	438	6	of	of	ADP
aijbe-867	438	7	significance	significance	NOUN
aijbe-867	438	8	,	,	PUNCT
aijbe-867	438	9	there	there	PRON
aijbe-867	438	10	is	be	VERB
aijbe-867	438	11	evidence	evidence	NOUN
aijbe-867	438	12	of	of	ADP
aijbe-867	438	13	a	a	DET
aijbe-867	438	14	unidirectional	unidirectional	ADJ
aijbe-867	438	15	causal	causal	NOUN
aijbe-867	438	16	relationship	relationship	NOUN
aijbe-867	438	17	between	between	ADP
aijbe-867	438	18	oil	oil	NOUN
aijbe-867	438	19	price	price	NOUN
aijbe-867	438	20	(	(	PUNCT
aijbe-867	438	21	oprice	oprice	NOUN
aijbe-867	438	22	)	)	PUNCT
aijbe-867	438	23	and	and	CCONJ
aijbe-867	438	24	stock	stock	NOUN
aijbe-867	438	25	market	market	NOUN
aijbe-867	438	26	returns	return	NOUN
aijbe-867	438	27	proxy	proxy	NOUN
aijbe-867	438	28	by	by	ADP
aijbe-867	438	29	all	all	DET
aijbe-867	438	30	-	-	PUNCT
aijbe-867	438	31	share	share	NOUN
aijbe-867	438	32	index	index	NOUN
aijbe-867	438	33	.	.	PUNCT
aijbe-867	439	1	however	however	ADV
aijbe-867	439	2	,	,	PUNCT
aijbe-867	439	3	the	the	DET
aijbe-867	439	4	reverse	reverse	ADJ
aijbe-867	439	5	relationship	relationship	NOUN
aijbe-867	439	6	does	do	AUX
aijbe-867	439	7	not	not	PART
aijbe-867	439	8	hold	hold	VERB
aijbe-867	439	9	true	true	ADJ
aijbe-867	439	10	,	,	PUNCT
aijbe-867	439	11	suggesting	suggest	VERB
aijbe-867	439	12	that	that	SCONJ
aijbe-867	439	13	changes	change	NOUN
aijbe-867	439	14	in	in	ADP
aijbe-867	439	15	asi	asi	PROPN
aijbe-867	439	16	granger	granger	PROPN
aijbe-867	439	17	causes	cause	VERB
aijbe-867	439	18	oil	oil	NOUN
aijbe-867	439	19	price	price	NOUN
aijbe-867	439	20	in	in	ADP
aijbe-867	439	21	nigeria	nigeria	PROPN
aijbe-867	439	22	.	.	PUNCT
aijbe-867	440	1	on	on	ADP
aijbe-867	440	2	the	the	DET
aijbe-867	440	3	other	other	ADJ
aijbe-867	440	4	hand	hand	NOUN
aijbe-867	440	5	,	,	PUNCT
aijbe-867	440	6	exchange	exchange	NOUN
aijbe-867	440	7	rate	rate	NOUN
aijbe-867	440	8	granger	granger	PROPN
aijbe-867	440	9	causes	cause	VERB
aijbe-867	440	10	asi	asi	NOUN
aijbe-867	440	11	,	,	PUNCT
aijbe-867	440	12	but	but	CCONJ
aijbe-867	440	13	asi	asi	NOUN
aijbe-867	440	14	does	do	AUX
aijbe-867	440	15	not	not	PART
aijbe-867	440	16	granger	granger	AUX
aijbe-867	440	17	cause	cause	VERB
aijbe-867	440	18	exch	exch	PROPN
aijbe-867	440	19	.	.	PUNCT
aijbe-867	441	1	this	this	PRON
aijbe-867	441	2	is	be	AUX
aijbe-867	441	3	also	also	ADV
aijbe-867	441	4	an	an	DET
aijbe-867	441	5	example	example	NOUN
aijbe-867	441	6	of	of	ADP
aijbe-867	441	7	a	a	DET
aijbe-867	441	8	unidirectional	unidirectional	ADJ
aijbe-867	441	9	relationship	relationship	NOUN
aijbe-867	441	10	.	.	PUNCT
aijbe-867	442	1	additionally	additionally	ADV
aijbe-867	442	2	,	,	PUNCT
aijbe-867	442	3	there	there	PRON
aijbe-867	442	4	is	be	VERB
aijbe-867	442	5	a	a	DET
aijbe-867	442	6	bi	bi	ADJ
aijbe-867	442	7	-	-	ADJ
aijbe-867	442	8	directional	directional	ADJ
aijbe-867	442	9	causal	causal	ADJ
aijbe-867	442	10	relationship	relationship	NOUN
aijbe-867	442	11	between	between	ADP
aijbe-867	442	12	inflation	inflation	NOUN
aijbe-867	442	13	rate	rate	NOUN
aijbe-867	442	14	(	(	PUNCT
aijbe-867	442	15	infl	infl	PROPN
aijbe-867	442	16	)	)	PUNCT
aijbe-867	442	17	and	and	CCONJ
aijbe-867	442	18	real	real	ADJ
aijbe-867	442	19	asi	asi	NOUN
aijbe-867	442	20	in	in	ADP
aijbe-867	442	21	nigeria	nigeria	PROPN
aijbe-867	442	22	.	.	PUNCT
aijbe-867	443	1	infl	infl	PROPN
aijbe-867	443	2	granger	granger	PROPN
aijbe-867	443	3	causes	cause	VERB
aijbe-867	443	4	stock	stock	NOUN
aijbe-867	443	5	market	market	NOUN
aijbe-867	443	6	returns	return	NOUN
aijbe-867	443	7	(	(	PUNCT
aijbe-867	443	8	asi	asi	NOUN
aijbe-867	443	9	)	)	PUNCT
aijbe-867	443	10	while	while	SCONJ
aijbe-867	443	11	stock	stock	NOUN
aijbe-867	443	12	market	market	NOUN
aijbe-867	443	13	returns	return	NOUN
aijbe-867	443	14	also	also	ADV
aijbe-867	443	15	granger	granger	PROPN
aijbe-867	443	16	causes	cause	VERB
aijbe-867	443	17	infl	infl	PROPN
aijbe-867	443	18	.	.	PUNCT
aijbe-867	444	1	the	the	DET
aijbe-867	444	2	interest	interest	NOUN
aijbe-867	444	3	rate	rate	NOUN
aijbe-867	444	4	int	int	NOUN
aijbe-867	444	5	also	also	ADV
aijbe-867	444	6	has	have	VERB
aijbe-867	444	7	a	a	DET
aijbe-867	444	8	bi	bi	ADJ
aijbe-867	444	9	-	-	ADJ
aijbe-867	444	10	directional	directional	ADJ
aijbe-867	444	11	causality	causality	NOUN
aijbe-867	444	12	with	with	ADP
aijbe-867	444	13	all	all	DET
aijbe-867	444	14	-	-	PUNCT
aijbe-867	444	15	share	share	NOUN
aijbe-867	444	16	index	index	NOUN
aijbe-867	444	17	or	or	CCONJ
aijbe-867	444	18	asi	asi	NOUN
aijbe-867	444	19	.	.	PUNCT
aijbe-867	445	1	that	that	PRON
aijbe-867	445	2	is	be	AUX
aijbe-867	445	3	inf	inf	PROPN
aijbe-867	445	4	granger	granger	PROPN
aijbe-867	445	5	causes	cause	VERB
aijbe-867	445	6	all	all	DET
aijbe-867	445	7	-	-	PUNCT
aijbe-867	445	8	share	share	NOUN
aijbe-867	445	9	indices	index	NOUN
aijbe-867	445	10	while	while	SCONJ
aijbe-867	445	11	asi	asi	ADJ
aijbe-867	445	12	.	.	PUNCT
aijbe-867	446	1	in	in	ADP
aijbe-867	446	2	conclusion	conclusion	NOUN
aijbe-867	446	3	,	,	PUNCT
aijbe-867	446	4	based	base	VERB
aijbe-867	446	5	on	on	ADP
aijbe-867	446	6	these	these	DET
aijbe-867	446	7	findings	finding	NOUN
aijbe-867	446	8	,	,	PUNCT
aijbe-867	446	9	it	it	PRON
aijbe-867	446	10	can	can	AUX
aijbe-867	446	11	be	be	AUX
aijbe-867	446	12	stated	state	VERB
aijbe-867	446	13	that	that	SCONJ
aijbe-867	446	14	there	there	PRON
aijbe-867	446	15	is	be	VERB
aijbe-867	446	16	a	a	DET
aijbe-867	446	17	significant	significant	ADJ
aijbe-867	446	18	causal	causal	ADJ
aijbe-867	446	19	relationship	relationship	NOUN
aijbe-867	446	20	between	between	ADP
aijbe-867	446	21	oil	oil	NOUN
aijbe-867	446	22	price	price	NOUN
aijbe-867	446	23	volatility	volatility	NOUN
aijbe-867	446	24	and	and	CCONJ
aijbe-867	446	25	stock	stock	NOUN
aijbe-867	446	26	market	market	NOUN
aijbe-867	446	27	returns	return	NOUN
aijbe-867	446	28	in	in	ADP
aijbe-867	446	29	nigeria	nigeria	PROPN
aijbe-867	446	30	.	.	PUNCT
aijbe-867	447	1	ikemenogo	ikemenogo	PROPN
aijbe-867	447	2	,	,	PUNCT
aijbe-867	447	3	eze	eze	PROPN
aijbe-867	447	4	solomon	solomon	PROPN
aijbe-867	447	5	(	(	PUNCT
aijbe-867	447	6	2024	2024	NUM
aijbe-867	447	7	)	)	PUNCT
aijbe-867	447	8	american	american	ADJ
aijbe-867	447	9	interdisciplinary	interdisciplinary	ADJ
aijbe-867	447	10	journal	journal	NOUN
aijbe-867	447	11	of	of	ADP
aijbe-867	447	12	business	business	NOUN
aijbe-867	447	13	and	and	CCONJ
aijbe-867	447	14	economics	economic	NOUN
aijbe-867	447	15	|	|	ADV
aijbe-867	447	16	56	56	NUM
aijbe-867	447	17	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	VERB
aijbe-867	447	18	4.2.2	4.2.2	NUM
aijbe-867	447	19	statistic	statistic	ADJ
aijbe-867	447	20	and	and	CCONJ
aijbe-867	447	21	postdiagnostic	postdiagnostic	ADJ
aijbe-867	447	22	results	result	NOUN
aijbe-867	447	23	table	table	NOUN
aijbe-867	447	24	:	:	PUNCT
aijbe-867	447	25	4.6	4.6	NUM
aijbe-867	447	26	garch	garch	NOUN
aijbe-867	447	27	models	model	NOUN
aijbe-867	447	28	and	and	CCONJ
aijbe-867	447	29	diagnostic	diagnostic	ADJ
aijbe-867	447	30	tests	test	NOUN
aijbe-867	447	31	normal	normal	ADJ
aijbe-867	447	32	dist	dist	NOUN
aijbe-867	447	33	.	.	PUNCT
aijbe-867	448	1	student	student	PROPN
aijbe-867	448	2	t	t	PROPN
aijbe-867	448	3	’s	’s	PART
aijbe-867	448	4	ged	ge	VERB
aijbe-867	448	5	significant	significant	ADJ
aijbe-867	448	6	coefficients	coefficient	NOUN
aijbe-867	448	7	all	all	DET
aijbe-867	448	8	all	all	PRON
aijbe-867	448	9	all	all	PRON
aijbe-867	448	10	arch	arch	ADJ
aijbe-867	448	11	significant	significant	ADJ
aijbe-867	448	12	?	?	PUNCT
aijbe-867	449	1	yes	yes	INTJ
aijbe-867	450	1	yes	yes	INTJ
aijbe-867	450	2	yes	yes	INTJ
aijbe-867	450	3	garch	garch	NOUN
aijbe-867	450	4	significant	significant	ADJ
aijbe-867	450	5	?	?	PUNCT
aijbe-867	451	1	yes	yes	INTJ
aijbe-867	452	1	yes	yes	INTJ
aijbe-867	452	2	yes	yes	INTJ
aijbe-867	452	3	log	log	NOUN
aijbe-867	452	4	likelihood	likelihood	NOUN
aijbe-867	452	5	646.1010	646.1010	NUM
aijbe-867	452	6	667.0322	667.0322	NUM
aijbe-867	452	7	664.3149	664.3149	NUM
aijbe-867	452	8	adjusted	adjust	VERB
aijbe-867	452	9	r	r	NOUN
aijbe-867	452	10	-	-	PUNCT
aijbe-867	452	11	squared	square	VERB
aijbe-867	452	12	0.998708	0.998708	NUM
aijbe-867	452	13	0.998767	0.998767	NUM
aijbe-867	452	14	0.998756	0.998756	NUM
aijbe-867	452	15	schwartz	schwartz	PROPN
aijbe-867	452	16	ic	ic	PROPN
aijbe-867	452	17	-2.857404	-2.857404	PROPN
aijbe-867	452	18	-2.940460	-2.940460	PROPN
aijbe-867	452	19	-2.927848	-2.927848	PUNCT
aijbe-867	453	1	heteroscedasticity	heteroscedasticity	NOUN
aijbe-867	454	1	no	no	INTJ
aijbe-867	454	2	no	no	INTJ
aijbe-867	454	3	no	no	DET
aijbe-867	454	4	autocorrelation	autocorrelation	NOUN
aijbe-867	454	5	no	no	INTJ
aijbe-867	454	6	no	no	INTJ
aijbe-867	454	7	no	no	DET
aijbe-867	454	8	source	source	NOUN
aijbe-867	454	9	:	:	PUNCT
aijbe-867	454	10	author	author	NOUN
aijbe-867	454	11	’s	’s	PART
aijbe-867	454	12	computation	computation	NOUN
aijbe-867	454	13	(	(	PUNCT
aijbe-867	454	14	2023	2023	NUM
aijbe-867	454	15	)	)	PUNCT
aijbe-867	454	16	from	from	ADP
aijbe-867	454	17	eviews	eviews	PROPN
aijbe-867	454	18	9	9	NUM
aijbe-867	454	19	from	from	ADP
aijbe-867	454	20	a	a	DET
aijbe-867	454	21	statistical	statistical	ADJ
aijbe-867	454	22	standpoint	standpoint	NOUN
aijbe-867	454	23	as	as	SCONJ
aijbe-867	454	24	shown	show	VERB
aijbe-867	454	25	in	in	ADP
aijbe-867	454	26	table	table	NOUN
aijbe-867	454	27	4.6	4.6	NUM
aijbe-867	454	28	,	,	PUNCT
aijbe-867	454	29	the	the	DET
aijbe-867	454	30	r	r	NOUN
aijbe-867	454	31	-	-	PUNCT
aijbe-867	454	32	squared	square	VERB
aijbe-867	454	33	value	value	NOUN
aijbe-867	454	34	of	of	ADP
aijbe-867	454	35	0.998308	0.998308	NUM
aijbe-867	454	36	indicates	indicate	VERB
aijbe-867	454	37	that	that	SCONJ
aijbe-867	454	38	approximately	approximately	ADV
aijbe-867	454	39	99.8	99.8	NUM
aijbe-867	454	40	percent	percent	NOUN
aijbe-867	454	41	of	of	ADP
aijbe-867	454	42	the	the	DET
aijbe-867	454	43	variation	variation	NOUN
aijbe-867	454	44	in	in	ADP
aijbe-867	454	45	the	the	DET
aijbe-867	454	46	stock	stock	NOUN
aijbe-867	454	47	market	market	NOUN
aijbe-867	454	48	is	be	AUX
aijbe-867	454	49	accounted	account	VERB
aijbe-867	454	50	for	for	ADP
aijbe-867	454	51	by	by	ADP
aijbe-867	454	52	the	the	DET
aijbe-867	454	53	explanatory	explanatory	ADJ
aijbe-867	454	54	variables	variable	NOUN
aijbe-867	454	55	used	use	VERB
aijbe-867	454	56	in	in	ADP
aijbe-867	454	57	the	the	DET
aijbe-867	454	58	model	model	NOUN
aijbe-867	454	59	.	.	PUNCT
aijbe-867	455	1	the	the	DET
aijbe-867	455	2	remaining	remain	VERB
aijbe-867	455	3	0.02	0.02	NUM
aijbe-867	455	4	percent	percent	NOUN
aijbe-867	455	5	is	be	AUX
aijbe-867	455	6	attributed	attribute	VERB
aijbe-867	455	7	to	to	ADP
aijbe-867	455	8	the	the	DET
aijbe-867	455	9	error	error	NOUN
aijbe-867	455	10	terms	term	NOUN
aijbe-867	455	11	.	.	PUNCT
aijbe-867	456	1	this	this	PRON
aijbe-867	456	2	suggests	suggest	VERB
aijbe-867	456	3	that	that	SCONJ
aijbe-867	456	4	our	our	PRON
aijbe-867	456	5	model	model	NOUN
aijbe-867	456	6	fits	fit	VERB
aijbe-867	456	7	the	the	DET
aijbe-867	456	8	data	datum	NOUN
aijbe-867	456	9	well	well	ADV
aijbe-867	456	10	.	.	PUNCT
aijbe-867	457	1	the	the	DET
aijbe-867	457	2	f	f	NOUN
aijbe-867	457	3	-	-	PUNCT
aijbe-867	457	4	statistic	statistic	ADJ
aijbe-867	457	5	(	(	PUNCT
aijbe-867	457	6	82.40192	82.40192	NUM
aijbe-867	457	7	)	)	PUNCT
aijbe-867	457	8	indicates	indicate	VERB
aijbe-867	457	9	that	that	SCONJ
aijbe-867	457	10	the	the	DET
aijbe-867	457	11	combined	combined	ADJ
aijbe-867	457	12	effect	effect	NOUN
aijbe-867	457	13	of	of	ADP
aijbe-867	457	14	the	the	DET
aijbe-867	457	15	explanatory	explanatory	ADJ
aijbe-867	457	16	variables	variable	NOUN
aijbe-867	457	17	is	be	AUX
aijbe-867	457	18	statistically	statistically	ADV
aijbe-867	457	19	significant	significant	ADJ
aijbe-867	457	20	,	,	PUNCT
aijbe-867	457	21	implying	imply	VERB
aijbe-867	457	22	a	a	DET
aijbe-867	457	23	linear	linear	ADJ
aijbe-867	457	24	relationship	relationship	NOUN
aijbe-867	457	25	among	among	ADP
aijbe-867	457	26	the	the	DET
aijbe-867	457	27	variables	variable	NOUN
aijbe-867	457	28	.	.	PUNCT
aijbe-867	458	1	the	the	DET
aijbe-867	458	2	durbin	durbin	PROPN
aijbe-867	458	3	-	-	PUNCT
aijbe-867	458	4	watson	watson	NOUN
aijbe-867	458	5	statistic	statistic	NOUN
aijbe-867	458	6	of	of	ADP
aijbe-867	458	7	1.626636	1.626636	NUM
aijbe-867	458	8	,	,	PUNCT
aijbe-867	458	9	which	which	PRON
aijbe-867	458	10	is	be	AUX
aijbe-867	458	11	approximately	approximately	ADV
aijbe-867	458	12	2	2	NUM
aijbe-867	458	13	,	,	PUNCT
aijbe-867	458	14	indicates	indicate	VERB
aijbe-867	458	15	that	that	SCONJ
aijbe-867	458	16	there	there	PRON
aijbe-867	458	17	is	be	VERB
aijbe-867	458	18	no	no	DET
aijbe-867	458	19	significant	significant	ADJ
aijbe-867	458	20	autocorrelation	autocorrelation	NOUN
aijbe-867	458	21	in	in	ADP
aijbe-867	458	22	the	the	DET
aijbe-867	458	23	residuals	residual	NOUN
aijbe-867	458	24	according	accord	VERB
aijbe-867	458	25	to	to	ADP
aijbe-867	458	26	the	the	DET
aijbe-867	458	27	rule	rule	NOUN
aijbe-867	458	28	of	of	ADP
aijbe-867	458	29	thumb	thumb	NOUN
aijbe-867	458	30	.	.	PUNCT
aijbe-867	459	1	additionally	additionally	ADV
aijbe-867	459	2	,	,	PUNCT
aijbe-867	459	3	a	a	DET
aijbe-867	459	4	diagnostic	diagnostic	ADJ
aijbe-867	459	5	test	test	NOUN
aijbe-867	459	6	was	be	AUX
aijbe-867	459	7	performed	perform	VERB
aijbe-867	459	8	on	on	ADP
aijbe-867	459	9	the	the	DET
aijbe-867	459	10	residuals	residual	NOUN
aijbe-867	459	11	of	of	ADP
aijbe-867	459	12	the	the	DET
aijbe-867	459	13	model	model	NOUN
aijbe-867	459	14	,	,	PUNCT
aijbe-867	459	15	revealing	reveal	VERB
aijbe-867	459	16	that	that	SCONJ
aijbe-867	459	17	they	they	PRON
aijbe-867	459	18	exhibit	exhibit	VERB
aijbe-867	459	19	no	no	DET
aijbe-867	459	20	significant	significant	ADJ
aijbe-867	459	21	serial	serial	ADJ
aijbe-867	459	22	correlation	correlation	NOUN
aijbe-867	459	23	.	.	PUNCT
aijbe-867	460	1	however	however	ADV
aijbe-867	460	2	,	,	PUNCT
aijbe-867	460	3	it	it	PRON
aijbe-867	460	4	is	be	AUX
aijbe-867	460	5	worth	worth	ADJ
aijbe-867	460	6	noting	note	VERB
aijbe-867	460	7	that	that	SCONJ
aijbe-867	460	8	the	the	DET
aijbe-867	460	9	residuals	residual	NOUN
aijbe-867	460	10	are	be	AUX
aijbe-867	460	11	not	not	PART
aijbe-867	460	12	normally	normally	ADV
aijbe-867	460	13	distributed	distribute	VERB
aijbe-867	460	14	,	,	PUNCT
aijbe-867	460	15	although	although	SCONJ
aijbe-867	460	16	they	they	PRON
aijbe-867	460	17	exhibit	exhibit	VERB
aijbe-867	460	18	constant	constant	ADJ
aijbe-867	460	19	variances	variance	NOUN
aijbe-867	460	20	(	(	PUNCT
aijbe-867	460	21	heteroskedasticity	heteroskedasticity	NOUN
aijbe-867	460	22	)	)	PUNCT
aijbe-867	460	23	.	.	PUNCT
aijbe-867	461	1	4.3	4.3	NUM
aijbe-867	461	2	:	:	PUNCT
aijbe-867	461	3	discussion	discussion	NOUN
aijbe-867	461	4	of	of	ADP
aijbe-867	461	5	results	result	NOUN
aijbe-867	461	6	the	the	DET
aijbe-867	461	7	above	above	ADJ
aijbe-867	461	8	table	table	NOUN
aijbe-867	461	9	4.5	4.5	NUM
aijbe-867	461	10	discusses	discuss	VERB
aijbe-867	461	11	the	the	DET
aijbe-867	461	12	results	result	NOUN
aijbe-867	461	13	according	accord	VERB
aijbe-867	461	14	to	to	ADP
aijbe-867	461	15	the	the	DET
aijbe-867	461	16	objectives	objective	NOUN
aijbe-867	461	17	earlier	early	ADV
aijbe-867	461	18	stated	state	VERB
aijbe-867	461	19	in	in	ADP
aijbe-867	461	20	the	the	DET
aijbe-867	461	21	chapter	chapter	NOUN
aijbe-867	461	22	one	one	NUM
aijbe-867	461	23	.	.	PUNCT
aijbe-867	462	1	this	this	DET
aijbe-867	462	2	result	result	NOUN
aijbe-867	462	3	provides	provide	VERB
aijbe-867	462	4	answer	answer	NOUN
aijbe-867	462	5	to	to	ADP
aijbe-867	462	6	objective	objective	ADJ
aijbe-867	462	7	one	one	NUM
aijbe-867	462	8	and	and	CCONJ
aijbe-867	462	9	three	three	NUM
aijbe-867	462	10	:	:	PUNCT
aijbe-867	462	11	objective	objective	ADJ
aijbe-867	462	12	one	one	NUM
aijbe-867	462	13	:	:	PUNCT
aijbe-867	462	14	the	the	DET
aijbe-867	462	15	impact	impact	NOUN
aijbe-867	462	16	of	of	ADP
aijbe-867	462	17	oil	oil	NOUN
aijbe-867	462	18	price	price	NOUN
aijbe-867	462	19	volatility	volatility	NOUN
aijbe-867	462	20	on	on	ADP
aijbe-867	462	21	stock	stock	NOUN
aijbe-867	462	22	market	market	NOUN
aijbe-867	462	23	returns	return	NOUN
aijbe-867	462	24	in	in	ADP
aijbe-867	462	25	nigeria	nigeria	PROPN
aijbe-867	462	26	.	.	PUNCT
aijbe-867	463	1	to	to	PART
aijbe-867	463	2	achieve	achieve	VERB
aijbe-867	463	3	this	this	DET
aijbe-867	463	4	stated	state	VERB
aijbe-867	463	5	objective	objective	NOUN
aijbe-867	463	6	,	,	PUNCT
aijbe-867	463	7	our	our	PRON
aijbe-867	463	8	result	result	NOUN
aijbe-867	463	9	from	from	ADP
aijbe-867	463	10	ardl	ardl	NOUN
aijbe-867	463	11	model	model	NOUN
aijbe-867	463	12	regression	regression	NOUN
aijbe-867	463	13	provides	provide	VERB
aijbe-867	463	14	profound	profound	ADJ
aijbe-867	463	15	empirical	empirical	ADJ
aijbe-867	463	16	answer	answer	NOUN
aijbe-867	463	17	to	to	ADP
aijbe-867	463	18	the	the	DET
aijbe-867	463	19	objective	objective	NOUN
aijbe-867	463	20	.	.	PUNCT
aijbe-867	464	1	thus	thus	ADV
aijbe-867	464	2	,	,	PUNCT
aijbe-867	464	3	oil	oil	NOUN
aijbe-867	464	4	price	price	NOUN
aijbe-867	464	5	(	(	PUNCT
aijbe-867	464	6	oilp	oilp	ADJ
aijbe-867	464	7	)	)	PUNCT
aijbe-867	464	8	,	,	PUNCT
aijbe-867	464	9	is	be	AUX
aijbe-867	464	10	positive	positive	ADJ
aijbe-867	464	11	and	and	CCONJ
aijbe-867	464	12	statistically	statistically	ADV
aijbe-867	464	13	significant	significant	ADJ
aijbe-867	464	14	at	at	ADP
aijbe-867	464	15	5	5	NUM
aijbe-867	464	16	%	%	NOUN
aijbe-867	464	17	level	level	NOUN
aijbe-867	464	18	of	of	ADP
aijbe-867	464	19	significance	significance	NOUN
aijbe-867	464	20	.	.	PUNCT
aijbe-867	465	1	this	this	PRON
aijbe-867	465	2	indicates	indicate	VERB
aijbe-867	465	3	that	that	SCONJ
aijbe-867	465	4	a	a	DET
aijbe-867	465	5	unit	unit	NOUN
aijbe-867	465	6	increase	increase	NOUN
aijbe-867	465	7	in	in	ADP
aijbe-867	465	8	oil	oil	NOUN
aijbe-867	465	9	prices	price	NOUN
aijbe-867	465	10	will	will	AUX
aijbe-867	465	11	eventually	eventually	ADV
aijbe-867	465	12	lead	lead	VERB
aijbe-867	465	13	to	to	ADP
aijbe-867	465	14	0.295814	0.295814	NUM
aijbe-867	465	15	increase	increase	NOUN
aijbe-867	465	16	in	in	ADP
aijbe-867	465	17	stock	stock	NOUN
aijbe-867	465	18	market	market	NOUN
aijbe-867	465	19	performance	performance	NOUN
aijbe-867	465	20	in	in	ADP
aijbe-867	465	21	the	the	DET
aijbe-867	465	22	short	short	ADJ
aijbe-867	465	23	run	run	NOUN
aijbe-867	465	24	,	,	PUNCT
aijbe-867	465	25	at	at	ADP
aijbe-867	465	26	the	the	DET
aijbe-867	465	27	same	same	ADJ
aijbe-867	465	28	time	time	NOUN
aijbe-867	465	29	,	,	PUNCT
aijbe-867	465	30	it	it	PRON
aijbe-867	465	31	was	be	AUX
aijbe-867	465	32	equally	equally	ADV
aijbe-867	465	33	observed	observe	VERB
aijbe-867	465	34	from	from	ADP
aijbe-867	465	35	the	the	DET
aijbe-867	465	36	outcome	outcome	NOUN
aijbe-867	465	37	that	that	SCONJ
aijbe-867	465	38	oil	oil	NOUN
aijbe-867	465	39	price	price	NOUN
aijbe-867	465	40	is	be	AUX
aijbe-867	465	41	also	also	ADV
aijbe-867	465	42	positive	positive	ADJ
aijbe-867	465	43	and	and	CCONJ
aijbe-867	465	44	statistically	statistically	ADV
aijbe-867	465	45	significant	significant	ADJ
aijbe-867	465	46	in	in	ADP
aijbe-867	465	47	the	the	DET
aijbe-867	465	48	long	long	ADJ
aijbe-867	465	49	run	run	NOUN
aijbe-867	465	50	.	.	PUNCT
aijbe-867	466	1	it	it	PRON
aijbe-867	466	2	equally	equally	ADV
aijbe-867	466	3	suggests	suggest	VERB
aijbe-867	466	4	that	that	SCONJ
aijbe-867	466	5	one	one	NUM
aijbe-867	466	6	percent	percent	NOUN
aijbe-867	466	7	increase	increase	NOUN
aijbe-867	466	8	in	in	ADP
aijbe-867	466	9	oil	oil	NOUN
aijbe-867	466	10	price	price	NOUN
aijbe-867	466	11	will	will	AUX
aijbe-867	466	12	bring	bring	VERB
aijbe-867	466	13	about	about	ADV
aijbe-867	466	14	0.047514	0.047514	NUM
aijbe-867	466	15	increase	increase	NOUN
aijbe-867	466	16	in	in	ADP
aijbe-867	466	17	stock	stock	NOUN
aijbe-867	466	18	market	market	NOUN
aijbe-867	466	19	performance	performance	NOUN
aijbe-867	466	20	in	in	ADP
aijbe-867	466	21	nigeria	nigeria	PROPN
aijbe-867	466	22	during	during	ADP
aijbe-867	466	23	the	the	DET
aijbe-867	466	24	period	period	NOUN
aijbe-867	466	25	under	under	ADP
aijbe-867	466	26	investigation	investigation	NOUN
aijbe-867	466	27	.	.	PUNCT
aijbe-867	467	1	this	this	DET
aijbe-867	467	2	result	result	NOUN
aijbe-867	467	3	also	also	ADV
aijbe-867	467	4	corroborates	corroborate	VERB
aijbe-867	467	5	with	with	ADP
aijbe-867	467	6	the	the	DET
aijbe-867	467	7	study	study	NOUN
aijbe-867	467	8	by	by	ADP
aijbe-867	467	9	alamgir	alamgir	PROPN
aijbe-867	467	10	and	and	CCONJ
aijbe-867	467	11	amin	amin	PROPN
aijbe-867	467	12	,	,	PUNCT
aijbe-867	467	13	(	(	PUNCT
aijbe-867	467	14	2021	2021	NUM
aijbe-867	467	15	)	)	PUNCT
aijbe-867	467	16	who	who	PRON
aijbe-867	467	17	examined	examine	VERB
aijbe-867	467	18	the	the	DET
aijbe-867	467	19	nexus	nexus	NOUN
aijbe-867	467	20	between	between	ADP
aijbe-867	467	21	oil	oil	NOUN
aijbe-867	467	22	price	price	NOUN
aijbe-867	467	23	and	and	CCONJ
aijbe-867	467	24	stock	stock	NOUN
aijbe-867	467	25	market	market	NOUN
aijbe-867	467	26	,	,	PUNCT
aijbe-867	467	27	and	and	CCONJ
aijbe-867	467	28	it	it	PRON
aijbe-867	467	29	was	be	AUX
aijbe-867	467	30	found	find	VERB
aijbe-867	467	31	out	out	ADP
aijbe-867	467	32	that	that	SCONJ
aijbe-867	467	33	,	,	PUNCT
aijbe-867	467	34	there	there	PRON
aijbe-867	467	35	is	be	VERB
aijbe-867	467	36	positive	positive	ADJ
aijbe-867	467	37	relationship	relationship	NOUN
aijbe-867	467	38	between	between	ADP
aijbe-867	467	39	the	the	DET
aijbe-867	467	40	oil	oil	NOUN
aijbe-867	467	41	price	price	NOUN
aijbe-867	467	42	and	and	CCONJ
aijbe-867	467	43	stock	stock	NOUN
aijbe-867	467	44	market	market	NOUN
aijbe-867	467	45	index	index	NOUN
aijbe-867	467	46	,	,	PUNCT
aijbe-867	467	47	and	and	CCONJ
aijbe-867	467	48	the	the	DET
aijbe-867	467	49	response	response	NOUN
aijbe-867	467	50	of	of	ADP
aijbe-867	467	51	the	the	DET
aijbe-867	467	52	stock	stock	NOUN
aijbe-867	467	53	market	market	NOUN
aijbe-867	467	54	index	index	NOUN
aijbe-867	467	55	to	to	ADP
aijbe-867	467	56	positive	positive	ADJ
aijbe-867	467	57	.	.	PUNCT
aijbe-867	468	1	second	second	ADJ
aijbe-867	468	2	objective	objective	NOUN
aijbe-867	468	3	is	be	AUX
aijbe-867	468	4	to	to	PART
aijbe-867	468	5	also	also	ADV
aijbe-867	468	6	determine	determine	VERB
aijbe-867	468	7	effect	effect	NOUN
aijbe-867	468	8	of	of	ADP
aijbe-867	468	9	oil	oil	NOUN
aijbe-867	468	10	price	price	NOUN
aijbe-867	468	11	fluctuation	fluctuation	NOUN
aijbe-867	468	12	on	on	ADP
aijbe-867	468	13	the	the	DET
aijbe-867	468	14	economic	economic	ADJ
aijbe-867	468	15	growth	growth	NOUN
aijbe-867	468	16	in	in	ADP
aijbe-867	468	17	nigeria	nigeria	PROPN
aijbe-867	468	18	.	.	PUNCT
aijbe-867	469	1	to	to	PART
aijbe-867	469	2	achieve	achieve	VERB
aijbe-867	469	3	the	the	DET
aijbe-867	469	4	objective	objective	ADJ
aijbe-867	469	5	two	two	NUM
aijbe-867	469	6	,	,	PUNCT
aijbe-867	469	7	we	we	PRON
aijbe-867	469	8	investigate	investigate	VERB
aijbe-867	469	9	the	the	DET
aijbe-867	469	10	coefficient	coefficient	NOUN
aijbe-867	469	11	and	and	CCONJ
aijbe-867	469	12	p	p	NOUN
aijbe-867	469	13	-	-	PUNCT
aijbe-867	469	14	value	value	NOUN
aijbe-867	469	15	from	from	ADP
aijbe-867	469	16	above	above	ADP
aijbe-867	469	17	table	table	NOUN
aijbe-867	469	18	4.5	4.5	NUM
aijbe-867	469	19	,	,	PUNCT
aijbe-867	469	20	however	however	ADV
aijbe-867	469	21	,	,	PUNCT
aijbe-867	469	22	it	it	PRON
aijbe-867	469	23	was	be	AUX
aijbe-867	469	24	revealed	reveal	VERB
aijbe-867	469	25	from	from	ADP
aijbe-867	469	26	the	the	DET
aijbe-867	469	27	outcome	outcome	NOUN
aijbe-867	469	28	that	that	SCONJ
aijbe-867	469	29	the	the	DET
aijbe-867	469	30	real	real	ADJ
aijbe-867	469	31	gross	gross	ADJ
aijbe-867	469	32	domestic	domestic	ADJ
aijbe-867	469	33	product	product	NOUN
aijbe-867	469	34	is	be	AUX
aijbe-867	469	35	positively	positively	ADV
aijbe-867	469	36	and	and	CCONJ
aijbe-867	469	37	statistically	statistically	ADV
aijbe-867	469	38	significant	significant	ADJ
aijbe-867	469	39	at	at	ADP
aijbe-867	469	40	5	5	NUM
aijbe-867	469	41	%	%	NOUN
aijbe-867	469	42	level	level	NOUN
aijbe-867	469	43	of	of	ADP
aijbe-867	469	44	significance	significance	NOUN
aijbe-867	469	45	.	.	PUNCT
aijbe-867	470	1	this	this	PRON
aijbe-867	470	2	suggests	suggest	VERB
aijbe-867	470	3	that	that	SCONJ
aijbe-867	470	4	both	both	CCONJ
aijbe-867	470	5	short	short	ADJ
aijbe-867	470	6	and	and	CCONJ
aijbe-867	470	7	long	long	ADJ
aijbe-867	470	8	run	run	NOUN
aijbe-867	470	9	,	,	PUNCT
aijbe-867	470	10	it	it	PRON
aijbe-867	470	11	was	be	AUX
aijbe-867	470	12	observed	observe	VERB
aijbe-867	470	13	that	that	SCONJ
aijbe-867	470	14	a	a	DET
aijbe-867	470	15	unit	unit	NOUN
aijbe-867	470	16	rise	rise	VERB
aijbe-867	470	17	in	in	ADP
aijbe-867	470	18	real	real	ADJ
aijbe-867	470	19	gross	gross	ADJ
aijbe-867	470	20	domestic	domestic	ADJ
aijbe-867	470	21	product	product	NOUN
aijbe-867	470	22	(	(	PUNCT
aijbe-867	470	23	which	which	PRON
aijbe-867	470	24	is	be	AUX
aijbe-867	470	25	economic	economic	ADJ
aijbe-867	470	26	growth	growth	NOUN
aijbe-867	470	27	)	)	PUNCT
aijbe-867	470	28	will	will	AUX
aijbe-867	470	29	bring	bring	VERB
aijbe-867	470	30	about	about	ADV
aijbe-867	470	31	2.235216	2.235216	NUM
aijbe-867	470	32	and	and	CCONJ
aijbe-867	470	33	2.358845	2.358845	NUM
aijbe-867	470	34	increase	increase	NOUN
aijbe-867	470	35	in	in	ADP
aijbe-867	470	36	oil	oil	NOUN
aijbe-867	470	37	price	price	NOUN
aijbe-867	470	38	in	in	ADP
aijbe-867	470	39	both	both	CCONJ
aijbe-867	470	40	short	short	ADJ
aijbe-867	470	41	and	and	CCONJ
aijbe-867	470	42	long	long	ADV
aijbe-867	470	43	run	run	NOUN
aijbe-867	470	44	respectively	respectively	ADV
aijbe-867	470	45	.	.	PUNCT
aijbe-867	471	1	thus	thus	ADV
aijbe-867	471	2	,	,	PUNCT
aijbe-867	471	3	this	this	DET
aijbe-867	471	4	study	study	NOUN
aijbe-867	471	5	’s	’s	PART
aijbe-867	471	6	outcome	outcome	NOUN
aijbe-867	471	7	undoubtedly	undoubtedly	ADV
aijbe-867	471	8	corroborates	corroborate	VERB
aijbe-867	471	9	with	with	ADP
aijbe-867	471	10	the	the	DET
aijbe-867	471	11	study	study	NOUN
aijbe-867	471	12	by	by	ADP
aijbe-867	471	13	erdem	erdem	PROPN
aijbe-867	471	14	,	,	PUNCT
aijbe-867	471	15	ikemenogo	ikemenogo	PROPN
aijbe-867	471	16	,	,	PUNCT
aijbe-867	471	17	eze	eze	PROPN
aijbe-867	471	18	solomon	solomon	PROPN
aijbe-867	471	19	(	(	PUNCT
aijbe-867	471	20	2024	2024	NUM
aijbe-867	471	21	)	)	PUNCT
aijbe-867	471	22	american	american	ADJ
aijbe-867	471	23	interdisciplinary	interdisciplinary	ADJ
aijbe-867	471	24	journal	journal	NOUN
aijbe-867	471	25	of	of	ADP
aijbe-867	471	26	business	business	NOUN
aijbe-867	471	27	and	and	CCONJ
aijbe-867	471	28	economics	economic	NOUN
aijbe-867	471	29	|	|	ADV
aijbe-867	471	30	57	57	NUM
aijbe-867	471	31	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	471	32	gozbasi	gozbasi	NOUN
aijbe-867	471	33	,	,	PUNCT
aijbe-867	471	34	ilgun	ilgun	NOUN
aijbe-867	471	35	and	and	CCONJ
aijbe-867	471	36	nazlioglu	nazlioglu	NOUN
aijbe-867	471	37	,	,	PUNCT
aijbe-867	471	38	(	(	PUNCT
aijbe-867	471	39	2010	2010	NUM
aijbe-867	471	40	)	)	PUNCT
aijbe-867	471	41	who	who	PRON
aijbe-867	471	42	investigated	investigate	VERB
aijbe-867	471	43	stock	stock	NOUN
aijbe-867	471	44	market	market	NOUN
aijbe-867	471	45	and	and	CCONJ
aijbe-867	471	46	economic	economic	ADJ
aijbe-867	471	47	growth	growth	NOUN
aijbe-867	471	48	nexus	nexus	NOUN
aijbe-867	471	49	in	in	ADP
aijbe-867	471	50	emerging	emerge	VERB
aijbe-867	471	51	markets	market	NOUN
aijbe-867	471	52	,	,	PUNCT
aijbe-867	471	53	with	with	ADP
aijbe-867	471	54	findings	finding	NOUN
aijbe-867	471	55	that	that	SCONJ
aijbe-867	471	56	there	there	PRON
aijbe-867	471	57	is	be	VERB
aijbe-867	471	58	a	a	DET
aijbe-867	471	59	close	close	ADJ
aijbe-867	471	60	relationship	relationship	NOUN
aijbe-867	471	61	between	between	ADP
aijbe-867	471	62	stock	stock	NOUN
aijbe-867	471	63	market	market	NOUN
aijbe-867	471	64	performance	performance	NOUN
aijbe-867	471	65	and	and	CCONJ
aijbe-867	471	66	economic	economic	ADJ
aijbe-867	471	67	growth	growth	NOUN
aijbe-867	471	68	in	in	ADP
aijbe-867	471	69	the	the	DET
aijbe-867	471	70	long	long	ADV
aijbe-867	471	71	-	-	PUNCT
aijbe-867	471	72	run	run	NOUN
aijbe-867	471	73	and	and	CCONJ
aijbe-867	471	74	that	that	SCONJ
aijbe-867	471	75	stock	stock	NOUN
aijbe-867	471	76	market	market	NOUN
aijbe-867	471	77	performance	performance	NOUN
aijbe-867	471	78	is	be	AUX
aijbe-867	471	79	an	an	DET
aijbe-867	471	80	impetus	impetus	NOUN
aijbe-867	471	81	for	for	ADP
aijbe-867	471	82	economic	economic	ADJ
aijbe-867	471	83	growth	growth	NOUN
aijbe-867	471	84	in	in	ADP
aijbe-867	471	85	the	the	DET
aijbe-867	471	86	short	short	ADJ
aijbe-867	471	87	run	run	NOUN
aijbe-867	471	88	.	.	PUNCT
aijbe-867	472	1	the	the	DET
aijbe-867	472	2	third	third	ADJ
aijbe-867	472	3	objective	objective	NOUN
aijbe-867	472	4	is	be	AUX
aijbe-867	472	5	to	to	PART
aijbe-867	472	6	ascertain	ascertain	VERB
aijbe-867	472	7	the	the	DET
aijbe-867	472	8	nexus	nexus	NOUN
aijbe-867	472	9	between	between	ADP
aijbe-867	472	10	oil	oil	NOUN
aijbe-867	472	11	price	price	NOUN
aijbe-867	472	12	volatility	volatility	NOUN
aijbe-867	472	13	and	and	CCONJ
aijbe-867	472	14	stock	stock	NOUN
aijbe-867	472	15	market	market	NOUN
aijbe-867	472	16	returns	return	NOUN
aijbe-867	472	17	:	:	PUNCT
aijbe-867	472	18	to	to	PART
aijbe-867	472	19	achieve	achieve	VERB
aijbe-867	472	20	this	this	PRON
aijbe-867	472	21	,	,	PUNCT
aijbe-867	472	22	the	the	DET
aijbe-867	472	23	outcome	outcome	NOUN
aijbe-867	472	24	of	of	ADP
aijbe-867	472	25	granger	granger	PROPN
aijbe-867	472	26	causality	causality	PROPN
aijbe-867	472	27	test	test	NOUN
aijbe-867	472	28	result	result	NOUN
aijbe-867	472	29	from	from	ADP
aijbe-867	472	30	the	the	DET
aijbe-867	472	31	table	table	NOUN
aijbe-867	472	32	4.5	4.5	NUM
aijbe-867	472	33	will	will	AUX
aijbe-867	472	34	salvage	salvage	VERB
aijbe-867	472	35	this	this	PRON
aijbe-867	472	36	.	.	PUNCT
aijbe-867	473	1	thus	thus	ADV
aijbe-867	473	2	,	,	PUNCT
aijbe-867	473	3	the	the	DET
aijbe-867	473	4	granger	granger	PROPN
aijbe-867	473	5	causality	causality	NOUN
aijbe-867	473	6	estimate	estimate	NOUN
aijbe-867	473	7	indicates	indicate	VERB
aijbe-867	473	8	that	that	SCONJ
aijbe-867	473	9	oil	oil	NOUN
aijbe-867	473	10	price	price	NOUN
aijbe-867	473	11	(	(	PUNCT
aijbe-867	473	12	oilp	oilp	ADJ
aijbe-867	473	13	)	)	PUNCT
aijbe-867	473	14	does	do	AUX
aijbe-867	473	15	granger	granger	PROPN
aijbe-867	473	16	caused	cause	VERB
aijbe-867	473	17	all	all	DET
aijbe-867	473	18	shares	share	NOUN
aijbe-867	473	19	index	index	NOUN
aijbe-867	473	20	(	(	PUNCT
aijbe-867	473	21	asi	asi	NOUN
aijbe-867	473	22	)	)	PUNCT
aijbe-867	473	23	,	,	PUNCT
aijbe-867	473	24	while	while	SCONJ
aijbe-867	473	25	oilp	oilp	ADJ
aijbe-867	473	26	does	do	AUX
aijbe-867	473	27	not	not	PART
aijbe-867	473	28	granger	granger	PROPN
aijbe-867	473	29	caused	cause	VERB
aijbe-867	473	30	asi	asi	NOUN
aijbe-867	473	31	.	.	PUNCT
aijbe-867	474	1	we	we	PRON
aijbe-867	474	2	therefore	therefore	ADV
aijbe-867	474	3	accept	accept	VERB
aijbe-867	474	4	the	the	DET
aijbe-867	474	5	hypothesis	hypothesis	NOUN
aijbe-867	474	6	that	that	SCONJ
aijbe-867	474	7	oil	oil	NOUN
aijbe-867	474	8	price	price	NOUN
aijbe-867	474	9	does	do	AUX
aijbe-867	474	10	granger	granger	PROPN
aijbe-867	474	11	caused	cause	VERB
aijbe-867	474	12	all	all	DET
aijbe-867	474	13	shares	share	NOUN
aijbe-867	474	14	performance	performance	NOUN
aijbe-867	474	15	,	,	PUNCT
aijbe-867	474	16	and	and	CCONJ
aijbe-867	474	17	we	we	PRON
aijbe-867	474	18	fail	fail	VERB
aijbe-867	474	19	to	to	PART
aijbe-867	474	20	accept	accept	VERB
aijbe-867	474	21	the	the	DET
aijbe-867	474	22	hypothesis	hypothesis	NOUN
aijbe-867	474	23	that	that	SCONJ
aijbe-867	474	24	asi	asi	PROPN
aijbe-867	474	25	does	do	AUX
aijbe-867	474	26	granger	granger	PROPN
aijbe-867	474	27	caused	cause	VERB
aijbe-867	474	28	oilp	oilp	ADJ
aijbe-867	474	29	.	.	PUNCT
aijbe-867	475	1	this	this	PRON
aijbe-867	475	2	suggests	suggest	VERB
aijbe-867	475	3	that	that	SCONJ
aijbe-867	475	4	there	there	PRON
aijbe-867	475	5	is	be	VERB
aijbe-867	475	6	a	a	DET
aijbe-867	475	7	unidirectional	unidirectional	ADJ
aijbe-867	475	8	relationship	relationship	NOUN
aijbe-867	475	9	that	that	PRON
aijbe-867	475	10	exist	exist	VERB
aijbe-867	475	11	between	between	ADP
aijbe-867	475	12	stock	stock	NOUN
aijbe-867	475	13	market	market	NOUN
aijbe-867	475	14	performance	performance	NOUN
aijbe-867	475	15	and	and	CCONJ
aijbe-867	475	16	economic	economic	ADJ
aijbe-867	475	17	growth	growth	NOUN
aijbe-867	475	18	in	in	ADP
aijbe-867	475	19	nigeria	nigeria	PROPN
aijbe-867	475	20	.	.	PUNCT
aijbe-867	476	1	this	this	PRON
aijbe-867	476	2	equally	equally	ADV
aijbe-867	476	3	suggest	suggest	VERB
aijbe-867	476	4	that	that	SCONJ
aijbe-867	476	5	an	an	DET
aijbe-867	476	6	increase	increase	NOUN
aijbe-867	476	7	in	in	ADP
aijbe-867	476	8	oil	oil	NOUN
aijbe-867	476	9	price	price	NOUN
aijbe-867	476	10	will	will	AUX
aijbe-867	476	11	amount	amount	VERB
aijbe-867	476	12	to	to	ADP
aijbe-867	476	13	a	a	DET
aijbe-867	476	14	rise	rise	NOUN
aijbe-867	476	15	in	in	ADP
aijbe-867	476	16	all	all	DET
aijbe-867	476	17	-	-	PUNCT
aijbe-867	476	18	shares	share	NOUN
aijbe-867	476	19	performance	performance	NOUN
aijbe-867	476	20	in	in	ADP
aijbe-867	476	21	nigeria	nigeria	PROPN
aijbe-867	476	22	.	.	PUNCT
aijbe-867	477	1	the	the	DET
aijbe-867	477	2	result	result	NOUN
aijbe-867	477	3	above	above	ADP
aijbe-867	477	4	also	also	ADV
aijbe-867	477	5	,	,	PUNCT
aijbe-867	477	6	reveals	reveal	VERB
aijbe-867	477	7	the	the	DET
aijbe-867	477	8	inflation	inflation	NOUN
aijbe-867	477	9	(	(	PUNCT
aijbe-867	477	10	inf	inf	NOUN
aijbe-867	477	11	)	)	PUNCT
aijbe-867	477	12	does	do	AUX
aijbe-867	477	13	granger	granger	PROPN
aijbe-867	477	14	caused	cause	VERB
aijbe-867	477	15	stock	stock	NOUN
aijbe-867	477	16	market	market	NOUN
aijbe-867	477	17	performance	performance	NOUN
aijbe-867	477	18	(	(	PUNCT
aijbe-867	477	19	asi	asi	NOUN
aijbe-867	477	20	)	)	PUNCT
aijbe-867	477	21	,	,	PUNCT
aijbe-867	477	22	whereas	whereas	SCONJ
aijbe-867	477	23	stock	stock	NOUN
aijbe-867	477	24	market	market	NOUN
aijbe-867	477	25	performance	performance	NOUN
aijbe-867	477	26	does	do	AUX
aijbe-867	477	27	not	not	PART
aijbe-867	477	28	granger	granger	PROPN
aijbe-867	477	29	caused	cause	VERB
aijbe-867	477	30	inflation	inflation	NOUN
aijbe-867	477	31	.	.	PUNCT
aijbe-867	478	1	owing	owe	VERB
aijbe-867	478	2	to	to	ADP
aijbe-867	478	3	this	this	DET
aijbe-867	478	4	fact	fact	NOUN
aijbe-867	478	5	,	,	PUNCT
aijbe-867	478	6	we	we	PRON
aijbe-867	478	7	fail	fail	VERB
aijbe-867	478	8	to	to	PART
aijbe-867	478	9	accept	accept	VERB
aijbe-867	478	10	the	the	DET
aijbe-867	478	11	hypothesis	hypothesis	NOUN
aijbe-867	478	12	that	that	PRON
aijbe-867	478	13	inflation	inflation	NOUN
aijbe-867	478	14	does	do	AUX
aijbe-867	478	15	granger	granger	PROPN
aijbe-867	478	16	caused	cause	VERB
aijbe-867	478	17	stock	stock	NOUN
aijbe-867	478	18	market	market	NOUN
aijbe-867	478	19	performance	performance	NOUN
aijbe-867	478	20	,	,	PUNCT
aijbe-867	478	21	and	and	CCONJ
aijbe-867	478	22	accept	accept	VERB
aijbe-867	478	23	the	the	DET
aijbe-867	478	24	hypothesis	hypothesis	NOUN
aijbe-867	478	25	that	that	SCONJ
aijbe-867	478	26	asi	asi	NOUN
aijbe-867	478	27	does	do	AUX
aijbe-867	478	28	not	not	PART
aijbe-867	478	29	granger	granger	PROPN
aijbe-867	478	30	caused	cause	VERB
aijbe-867	478	31	inf	inf	NOUN
aijbe-867	478	32	.	.	PUNCT
aijbe-867	479	1	this	this	PRON
aijbe-867	479	2	indicates	indicate	VERB
aijbe-867	479	3	that	that	SCONJ
aijbe-867	479	4	,	,	PUNCT
aijbe-867	479	5	there	there	PRON
aijbe-867	479	6	is	be	VERB
aijbe-867	479	7	a	a	DET
aijbe-867	479	8	unidirectional	unidirectional	ADJ
aijbe-867	479	9	found	find	VERB
aijbe-867	479	10	for	for	ADP
aijbe-867	479	11	asi	asi	NOUN
aijbe-867	479	12	and	and	CCONJ
aijbe-867	479	13	inf	inf	PROPN
aijbe-867	479	14	in	in	ADP
aijbe-867	479	15	nigeria	nigeria	PROPN
aijbe-867	479	16	during	during	ADP
aijbe-867	479	17	the	the	DET
aijbe-867	479	18	period	period	NOUN
aijbe-867	479	19	under	under	ADP
aijbe-867	479	20	investigation	investigation	NOUN
aijbe-867	479	21	.	.	PUNCT
aijbe-867	480	1	the	the	DET
aijbe-867	480	2	result	result	NOUN
aijbe-867	480	3	equally	equally	ADV
aijbe-867	480	4	,	,	PUNCT
aijbe-867	480	5	shows	show	VERB
aijbe-867	480	6	that	that	SCONJ
aijbe-867	480	7	the	the	DET
aijbe-867	480	8	interest	interest	NOUN
aijbe-867	480	9	rate	rate	NOUN
aijbe-867	480	10	(	(	PUNCT
aijbe-867	480	11	intr	intr	PROPN
aijbe-867	480	12	)	)	PUNCT
aijbe-867	480	13	does	do	AUX
aijbe-867	480	14	granger	granger	PROPN
aijbe-867	480	15	caused	cause	VERB
aijbe-867	480	16	asi	asi	NOUN
aijbe-867	480	17	,	,	PUNCT
aijbe-867	480	18	while	while	SCONJ
aijbe-867	480	19	asi	asi	NOUN
aijbe-867	480	20	does	do	AUX
aijbe-867	480	21	not	not	PART
aijbe-867	480	22	granger	granger	PROPN
aijbe-867	480	23	caused	cause	VERB
aijbe-867	480	24	intr	intr	NOUN
aijbe-867	480	25	.	.	PUNCT
aijbe-867	481	1	on	on	ADP
aijbe-867	481	2	this	this	DET
aijbe-867	481	3	note	note	NOUN
aijbe-867	481	4	,	,	PUNCT
aijbe-867	481	5	we	we	PRON
aijbe-867	481	6	fail	fail	VERB
aijbe-867	481	7	to	to	PART
aijbe-867	481	8	accept	accept	VERB
aijbe-867	481	9	the	the	DET
aijbe-867	481	10	hypothesis	hypothesis	NOUN
aijbe-867	481	11	that	that	PRON
aijbe-867	481	12	intr	intr	VERB
aijbe-867	481	13	does	do	AUX
aijbe-867	481	14	granger	granger	PROPN
aijbe-867	481	15	caused	cause	VERB
aijbe-867	481	16	asi	asi	NOUN
aijbe-867	481	17	,	,	PUNCT
aijbe-867	481	18	and	and	CCONJ
aijbe-867	481	19	accept	accept	VERB
aijbe-867	481	20	the	the	DET
aijbe-867	481	21	hypothesis	hypothesis	NOUN
aijbe-867	481	22	that	that	SCONJ
aijbe-867	481	23	asi	asi	NOUN
aijbe-867	481	24	does	do	AUX
aijbe-867	481	25	not	not	PART
aijbe-867	481	26	granger	granger	PROPN
aijbe-867	481	27	caused	cause	VERB
aijbe-867	481	28	intr	intr	NOUN
aijbe-867	481	29	.	.	PUNCT
aijbe-867	482	1	this	this	PRON
aijbe-867	482	2	implies	imply	VERB
aijbe-867	482	3	that	that	SCONJ
aijbe-867	482	4	,	,	PUNCT
aijbe-867	482	5	there	there	PRON
aijbe-867	482	6	is	be	VERB
aijbe-867	482	7	a	a	DET
aijbe-867	482	8	unidirectional	unidirectional	ADJ
aijbe-867	482	9	found	find	VERB
aijbe-867	482	10	for	for	ADP
aijbe-867	482	11	intr	intr	NOUN
aijbe-867	482	12	and	and	CCONJ
aijbe-867	482	13	asi	asi	NOUN
aijbe-867	482	14	in	in	ADP
aijbe-867	482	15	nigeria	nigeria	PROPN
aijbe-867	482	16	over	over	ADP
aijbe-867	482	17	the	the	DET
aijbe-867	482	18	period	period	NOUN
aijbe-867	482	19	under	under	ADP
aijbe-867	482	20	review	review	NOUN
aijbe-867	482	21	.	.	PUNCT
aijbe-867	483	1	above	above	ADP
aijbe-867	483	2	result	result	NOUN
aijbe-867	483	3	indicates	indicate	VERB
aijbe-867	483	4	that	that	SCONJ
aijbe-867	483	5	real	real	ADJ
aijbe-867	483	6	gross	gross	ADJ
aijbe-867	483	7	domestic	domestic	ADJ
aijbe-867	483	8	product	product	NOUN
aijbe-867	483	9	(	(	PUNCT
aijbe-867	483	10	rgdp	rgdp	NOUN
aijbe-867	483	11	)	)	PUNCT
aijbe-867	483	12	does	do	AUX
aijbe-867	483	13	granger	granger	PROPN
aijbe-867	483	14	caused	cause	VERB
aijbe-867	483	15	asi	asi	NOUN
aijbe-867	483	16	,	,	PUNCT
aijbe-867	483	17	while	while	SCONJ
aijbe-867	483	18	asi	asi	NOUN
aijbe-867	483	19	does	do	AUX
aijbe-867	483	20	not	not	PART
aijbe-867	483	21	granger	granger	PROPN
aijbe-867	483	22	caused	cause	VERB
aijbe-867	483	23	rgdp	rgdp	NOUN
aijbe-867	483	24	.	.	PUNCT
aijbe-867	484	1	on	on	ADP
aijbe-867	484	2	this	this	DET
aijbe-867	484	3	note	note	NOUN
aijbe-867	484	4	,	,	PUNCT
aijbe-867	484	5	we	we	PRON
aijbe-867	484	6	fail	fail	VERB
aijbe-867	484	7	to	to	PART
aijbe-867	484	8	accept	accept	VERB
aijbe-867	484	9	the	the	DET
aijbe-867	484	10	hypothesis	hypothesis	NOUN
aijbe-867	484	11	that	that	PRON
aijbe-867	484	12	rgdp	rgdp	NOUN
aijbe-867	484	13	does	do	AUX
aijbe-867	484	14	granger	granger	PROPN
aijbe-867	484	15	caused	cause	VERB
aijbe-867	484	16	asi	asi	NOUN
aijbe-867	484	17	and	and	CCONJ
aijbe-867	484	18	accept	accept	VERB
aijbe-867	484	19	the	the	DET
aijbe-867	484	20	hypothesis	hypothesis	NOUN
aijbe-867	484	21	that	that	SCONJ
aijbe-867	484	22	asi	asi	NOUN
aijbe-867	484	23	does	do	AUX
aijbe-867	484	24	not	not	PART
aijbe-867	484	25	granger	granger	PROPN
aijbe-867	484	26	caused	cause	VERB
aijbe-867	484	27	rgdp	rgdp	NOUN
aijbe-867	484	28	.	.	PUNCT
aijbe-867	485	1	this	this	PRON
aijbe-867	485	2	implies	imply	VERB
aijbe-867	485	3	that	that	SCONJ
aijbe-867	485	4	,	,	PUNCT
aijbe-867	485	5	there	there	PRON
aijbe-867	485	6	is	be	VERB
aijbe-867	485	7	a	a	DET
aijbe-867	485	8	unidirectional	unidirectional	ADJ
aijbe-867	485	9	found	find	VERB
aijbe-867	485	10	for	for	ADP
aijbe-867	485	11	rgdp	rgdp	NOUN
aijbe-867	485	12	and	and	CCONJ
aijbe-867	485	13	asi	asi	NOUN
aijbe-867	485	14	in	in	ADP
aijbe-867	485	15	nigeria	nigeria	PROPN
aijbe-867	485	16	during	during	ADP
aijbe-867	485	17	the	the	DET
aijbe-867	485	18	period	period	NOUN
aijbe-867	485	19	investigation	investigation	NOUN
aijbe-867	485	20	.	.	PUNCT
aijbe-867	486	1	the	the	DET
aijbe-867	486	2	study	study	NOUN
aijbe-867	486	3	further	far	ADV
aijbe-867	486	4	suggests	suggest	VERB
aijbe-867	486	5	that	that	SCONJ
aijbe-867	486	6	there	there	PRON
aijbe-867	486	7	is	be	VERB
aijbe-867	486	8	unidirectional	unidirectional	ADJ
aijbe-867	486	9	causality	causality	NOUN
aijbe-867	486	10	which	which	PRON
aijbe-867	486	11	occurring	occur	VERB
aijbe-867	486	12	from	from	ADP
aijbe-867	486	13	exchange	exchange	NOUN
aijbe-867	486	14	rate	rate	NOUN
aijbe-867	486	15	(	(	PUNCT
aijbe-867	486	16	exr	exr	PROPN
aijbe-867	486	17	)	)	PUNCT
aijbe-867	486	18	and	and	CCONJ
aijbe-867	486	19	stock	stock	NOUN
aijbe-867	486	20	market	market	NOUN
aijbe-867	486	21	performance	performance	NOUN
aijbe-867	486	22	(	(	PUNCT
aijbe-867	486	23	asi	asi	NOUN
aijbe-867	486	24	)	)	PUNCT
aijbe-867	486	25	which	which	PRON
aijbe-867	486	26	does	do	AUX
aijbe-867	486	27	not	not	PART
aijbe-867	486	28	granger	granger	PROPN
aijbe-867	486	29	caused	cause	VERB
aijbe-867	486	30	asi	asi	NOUN
aijbe-867	486	31	does	do	AUX
aijbe-867	486	32	not	not	PART
aijbe-867	486	33	granger	granger	PROPN
aijbe-867	486	34	caused	cause	VERB
aijbe-867	486	35	exr	exr	PROPN
aijbe-867	486	36	.	.	PUNCT
aijbe-867	487	1	on	on	ADP
aijbe-867	487	2	this	this	DET
aijbe-867	487	3	note	note	NOUN
aijbe-867	487	4	,	,	PUNCT
aijbe-867	487	5	we	we	PRON
aijbe-867	487	6	fail	fail	VERB
aijbe-867	487	7	to	to	PART
aijbe-867	487	8	accept	accept	VERB
aijbe-867	487	9	the	the	DET
aijbe-867	487	10	hypothesis	hypothesis	NOUN
aijbe-867	487	11	that	that	PRON
aijbe-867	487	12	exr	exr	PROPN
aijbe-867	487	13	does	do	AUX
aijbe-867	487	14	granger	granger	PROPN
aijbe-867	487	15	caused	cause	VERB
aijbe-867	487	16	asi	asi	NOUN
aijbe-867	487	17	and	and	CCONJ
aijbe-867	487	18	accept	accept	VERB
aijbe-867	487	19	the	the	DET
aijbe-867	487	20	hypothesis	hypothesis	NOUN
aijbe-867	487	21	that	that	PRON
aijbe-867	487	22	asi	asi	NOUN
aijbe-867	487	23	not	not	PART
aijbe-867	487	24	granger	granger	PROPN
aijbe-867	487	25	caused	cause	VERB
aijbe-867	487	26	exr	exr	PROPN
aijbe-867	487	27	.	.	PUNCT
aijbe-867	488	1	this	this	PRON
aijbe-867	488	2	indicates	indicate	VERB
aijbe-867	488	3	that	that	SCONJ
aijbe-867	488	4	,	,	PUNCT
aijbe-867	488	5	there	there	PRON
aijbe-867	488	6	is	be	VERB
aijbe-867	488	7	a	a	DET
aijbe-867	488	8	unidirectional	unidirectional	ADJ
aijbe-867	488	9	found	find	VERB
aijbe-867	488	10	between	between	ADP
aijbe-867	488	11	exr	exr	PROPN
aijbe-867	488	12	and	and	CCONJ
aijbe-867	488	13	asi	asi	NOUN
aijbe-867	488	14	during	during	ADP
aijbe-867	488	15	the	the	DET
aijbe-867	488	16	investigation	investigation	NOUN
aijbe-867	488	17	of	of	ADP
aijbe-867	488	18	this	this	DET
aijbe-867	488	19	research	research	NOUN
aijbe-867	488	20	in	in	ADP
aijbe-867	488	21	nigeria	nigeria	PROPN
aijbe-867	488	22	.	.	PUNCT
aijbe-867	489	1	5.1	5.1	NUM
aijbe-867	489	2	summary	summary	NOUN
aijbe-867	489	3	of	of	ADP
aijbe-867	489	4	findings	finding	NOUN
aijbe-867	489	5	the	the	DET
aijbe-867	489	6	primary	primary	ADJ
aijbe-867	489	7	objective	objective	NOUN
aijbe-867	489	8	of	of	ADP
aijbe-867	489	9	this	this	DET
aijbe-867	489	10	study	study	NOUN
aijbe-867	489	11	was	be	AUX
aijbe-867	489	12	to	to	PART
aijbe-867	489	13	examine	examine	VERB
aijbe-867	489	14	the	the	DET
aijbe-867	489	15	influence	influence	NOUN
aijbe-867	489	16	of	of	ADP
aijbe-867	489	17	oil	oil	NOUN
aijbe-867	489	18	price	price	NOUN
aijbe-867	489	19	volatility	volatility	NOUN
aijbe-867	489	20	on	on	ADP
aijbe-867	489	21	nigeria	nigeria	PROPN
aijbe-867	489	22	stock	stock	NOUN
aijbe-867	489	23	market	market	NOUN
aijbe-867	489	24	returns	return	NOUN
aijbe-867	489	25	using	use	VERB
aijbe-867	489	26	time	time	NOUN
aijbe-867	489	27	series	series	PROPN
aijbe-867	489	28	data	datum	NOUN
aijbe-867	489	29	spanning	span	VERB
aijbe-867	489	30	from	from	ADP
aijbe-867	489	31	1986	1986	NUM
aijbe-867	489	32	to	to	ADP
aijbe-867	489	33	2021	2021	NUM
aijbe-867	489	34	.	.	PUNCT
aijbe-867	490	1	the	the	DET
aijbe-867	490	2	all	all	DET
aijbe-867	490	3	-	-	PUNCT
aijbe-867	490	4	share	share	NOUN
aijbe-867	490	5	index	index	NOUN
aijbe-867	490	6	(	(	PUNCT
aijbe-867	490	7	asi	asi	NOUN
aijbe-867	490	8	)	)	PUNCT
aijbe-867	490	9	,	,	PUNCT
aijbe-867	490	10	oil	oil	NOUN
aijbe-867	490	11	price	price	NOUN
aijbe-867	490	12	(	(	PUNCT
aijbe-867	490	13	oprice	oprice	NOUN
aijbe-867	490	14	)	)	PUNCT
aijbe-867	490	15	,	,	PUNCT
aijbe-867	490	16	exchange	exchange	NOUN
aijbe-867	490	17	rate	rate	NOUN
aijbe-867	490	18	(	(	PUNCT
aijbe-867	490	19	exch	exch	PROPN
aijbe-867	490	20	)	)	PUNCT
aijbe-867	490	21	,	,	PUNCT
aijbe-867	490	22	inflation	inflation	NOUN
aijbe-867	490	23	rate	rate	NOUN
aijbe-867	490	24	(	(	PUNCT
aijbe-867	490	25	infl	infl	PROPN
aijbe-867	490	26	)	)	PUNCT
aijbe-867	490	27	,	,	PUNCT
aijbe-867	490	28	interest	interest	NOUN
aijbe-867	490	29	rate	rate	NOUN
aijbe-867	490	30	(	(	PUNCT
aijbe-867	490	31	int	int	NOUN
aijbe-867	490	32	)	)	PUNCT
aijbe-867	490	33	,	,	PUNCT
aijbe-867	490	34	real	real	ADJ
aijbe-867	490	35	gdp	gdp	NOUN
aijbe-867	490	36	growth	growth	NOUN
aijbe-867	490	37	rate	rate	NOUN
aijbe-867	490	38	(	(	PUNCT
aijbe-867	490	39	gdpgr	gdpgr	PROPN
aijbe-867	490	40	)	)	PUNCT
aijbe-867	490	41	are	be	AUX
aijbe-867	490	42	the	the	DET
aijbe-867	490	43	variables	variable	NOUN
aijbe-867	490	44	used	use	VERB
aijbe-867	490	45	to	to	PART
aijbe-867	490	46	capture	capture	VERB
aijbe-867	490	47	this	this	DET
aijbe-867	490	48	topic	topic	NOUN
aijbe-867	490	49	efficiently	efficiently	ADV
aijbe-867	490	50	.	.	PUNCT
aijbe-867	491	1	the	the	DET
aijbe-867	491	2	unit	unit	NOUN
aijbe-867	491	3	roots	root	NOUN
aijbe-867	491	4	were	be	AUX
aijbe-867	491	5	conducted	conduct	VERB
aijbe-867	491	6	through	through	ADP
aijbe-867	491	7	augmented	augment	VERB
aijbe-867	491	8	dickey	dickey	PROPN
aijbe-867	491	9	-	-	PUNCT
aijbe-867	491	10	fuller	full	ADJ
aijbe-867	491	11	(	(	PUNCT
aijbe-867	491	12	adf	adf	NOUN
aijbe-867	491	13	)	)	PUNCT
aijbe-867	491	14	and	and	CCONJ
aijbe-867	491	15	then	then	ADV
aijbe-867	491	16	used	use	VERB
aijbe-867	491	17	generalized	generalized	ADJ
aijbe-867	491	18	autoregressive	autoregressive	ADJ
aijbe-867	491	19	conditional	conditional	ADJ
aijbe-867	491	20	heteroskedasticity	heteroskedasticity	NOUN
aijbe-867	491	21	(	(	PUNCT
aijbe-867	491	22	garch	garch	NOUN
aijbe-867	491	23	)	)	PUNCT
aijbe-867	491	24	model	model	NOUN
aijbe-867	491	25	and	and	CCONJ
aijbe-867	491	26	granger	granger	PROPN
aijbe-867	491	27	causality	causality	PROPN
aijbe-867	491	28	.	.	PUNCT
aijbe-867	492	1	the	the	DET
aijbe-867	492	2	estimation	estimation	NOUN
aijbe-867	492	3	output	output	NOUN
aijbe-867	492	4	provides	provide	VERB
aijbe-867	492	5	valuable	valuable	ADJ
aijbe-867	492	6	insights	insight	NOUN
aijbe-867	492	7	into	into	ADP
aijbe-867	492	8	the	the	DET
aijbe-867	492	9	relationship	relationship	NOUN
aijbe-867	492	10	between	between	ADP
aijbe-867	492	11	various	various	ADJ
aijbe-867	492	12	economic	economic	ADJ
aijbe-867	492	13	factors	factor	NOUN
aijbe-867	492	14	and	and	CCONJ
aijbe-867	492	15	stock	stock	NOUN
aijbe-867	492	16	market	market	NOUN
aijbe-867	492	17	returns	return	NOUN
aijbe-867	492	18	in	in	ADP
aijbe-867	492	19	nigeria	nigeria	PROPN
aijbe-867	492	20	.	.	PUNCT
aijbe-867	493	1	the	the	DET
aijbe-867	493	2	findings	finding	NOUN
aijbe-867	493	3	are	be	AUX
aijbe-867	493	4	outlined	outline	VERB
aijbe-867	493	5	in	in	ADP
aijbe-867	493	6	this	this	DET
aijbe-867	493	7	section	section	NOUN
aijbe-867	493	8	based	base	VERB
aijbe-867	493	9	on	on	ADP
aijbe-867	493	10	the	the	DET
aijbe-867	493	11	research	research	NOUN
aijbe-867	493	12	objectives	objective	NOUN
aijbe-867	493	13	guiding	guide	VERB
aijbe-867	493	14	the	the	DET
aijbe-867	493	15	study	study	NOUN
aijbe-867	493	16	.	.	PUNCT
aijbe-867	494	1	i	i	PRON
aijbe-867	494	2	)	)	PUNCT
aijbe-867	494	3	to	to	PART
aijbe-867	494	4	determine	determine	VERB
aijbe-867	494	5	effect	effect	NOUN
aijbe-867	494	6	of	of	ADP
aijbe-867	494	7	oil	oil	NOUN
aijbe-867	494	8	price	price	NOUN
aijbe-867	494	9	fluctuation	fluctuation	NOUN
aijbe-867	494	10	on	on	ADP
aijbe-867	494	11	the	the	DET
aijbe-867	494	12	economic	economic	ADJ
aijbe-867	494	13	growth	growth	NOUN
aijbe-867	494	14	in	in	ADP
aijbe-867	494	15	nigeria	nigeria	PROPN
aijbe-867	494	16	.	.	PUNCT
aijbe-867	495	1	the	the	DET
aijbe-867	495	2	study	study	NOUN
aijbe-867	495	3	findings	finding	NOUN
aijbe-867	495	4	revealed	reveal	VERB
aijbe-867	495	5	that	that	SCONJ
aijbe-867	495	6	the	the	DET
aijbe-867	495	7	oil	oil	NOUN
aijbe-867	495	8	price	price	NOUN
aijbe-867	495	9	volatility	volatility	NOUN
aijbe-867	495	10	studied	study	VERB
aijbe-867	495	11	have	have	VERB
aijbe-867	495	12	a	a	DET
aijbe-867	495	13	varying	vary	VERB
aijbe-867	495	14	effect	effect	NOUN
aijbe-867	495	15	on	on	ADP
aijbe-867	495	16	the	the	DET
aijbe-867	495	17	stock	stock	NOUN
aijbe-867	495	18	market	market	NOUN
aijbe-867	495	19	returns	return	NOUN
aijbe-867	495	20	.	.	PUNCT
aijbe-867	496	1	the	the	DET
aijbe-867	496	2	estimation	estimation	NOUN
aijbe-867	496	3	output	output	NOUN
aijbe-867	496	4	reveals	reveal	VERB
aijbe-867	496	5	the	the	DET
aijbe-867	496	6	complex	complex	ADJ
aijbe-867	496	7	interplay	interplay	NOUN
aijbe-867	496	8	of	of	ADP
aijbe-867	496	9	economic	economic	ADJ
aijbe-867	496	10	factors	factor	NOUN
aijbe-867	496	11	on	on	ADP
aijbe-867	496	12	nigerian	nigerian	ADJ
aijbe-867	496	13	stock	stock	NOUN
aijbe-867	496	14	market	market	NOUN
aijbe-867	496	15	returns	return	NOUN
aijbe-867	496	16	.	.	PUNCT
aijbe-867	497	1	the	the	DET
aijbe-867	497	2	lagged	lag	VERB
aijbe-867	497	3	asi	asi	NOUN
aijbe-867	497	4	indicates	indicate	VERB
aijbe-867	497	5	strong	strong	ADJ
aijbe-867	497	6	autocorrelation	autocorrelation	NOUN
aijbe-867	497	7	,	,	PUNCT
aijbe-867	497	8	suggesting	suggest	VERB
aijbe-867	497	9	past	past	ADJ
aijbe-867	497	10	performance	performance	NOUN
aijbe-867	497	11	has	have	VERB
aijbe-867	497	12	a	a	DET
aijbe-867	497	13	significant	significant	ADJ
aijbe-867	497	14	influence	influence	NOUN
aijbe-867	497	15	on	on	ADP
aijbe-867	497	16	current	current	ADJ
aijbe-867	497	17	returns	return	NOUN
aijbe-867	497	18	.	.	PUNCT
aijbe-867	498	1	oil	oil	NOUN
aijbe-867	498	2	prices	price	NOUN
aijbe-867	498	3	,	,	PUNCT
aijbe-867	498	4	exchange	exchange	NOUN
aijbe-867	498	5	rates	rate	NOUN
aijbe-867	498	6	,	,	PUNCT
aijbe-867	498	7	inflation	inflation	NOUN
aijbe-867	498	8	,	,	PUNCT
aijbe-867	498	9	interest	interest	NOUN
aijbe-867	498	10	rates	rate	NOUN
aijbe-867	498	11	,	,	PUNCT
aijbe-867	498	12	and	and	CCONJ
aijbe-867	498	13	gdp	gdp	NOUN
aijbe-867	498	14	growth	growth	NOUN
aijbe-867	498	15	rate	rate	NOUN
aijbe-867	498	16	all	all	PRON
aijbe-867	498	17	have	have	VERB
aijbe-867	498	18	significant	significant	ADJ
aijbe-867	498	19	effects	effect	NOUN
aijbe-867	498	20	on	on	ADP
aijbe-867	498	21	stock	stock	NOUN
aijbe-867	498	22	market	market	NOUN
aijbe-867	498	23	returns	return	NOUN
aijbe-867	498	24	.	.	PUNCT
aijbe-867	499	1	inflation	inflation	NOUN
aijbe-867	499	2	influences	influence	VERB
aijbe-867	499	3	investor	investor	NOUN
aijbe-867	499	4	behavior	behavior	NOUN
aijbe-867	499	5	and	and	CCONJ
aijbe-867	499	6	expectations	expectation	NOUN
aijbe-867	499	7	,	,	PUNCT
aijbe-867	499	8	while	while	SCONJ
aijbe-867	499	9	interest	interest	NOUN
aijbe-867	499	10	rates	rate	NOUN
aijbe-867	499	11	may	may	AUX
aijbe-867	499	12	not	not	PART
aijbe-867	499	13	have	have	VERB
aijbe-867	499	14	a	a	DET
aijbe-867	499	15	ikemenogo	ikemenogo	PROPN
aijbe-867	499	16	,	,	PUNCT
aijbe-867	499	17	eze	eze	PROPN
aijbe-867	499	18	solomon	solomon	PROPN
aijbe-867	499	19	(	(	PUNCT
aijbe-867	499	20	2024	2024	NUM
aijbe-867	499	21	)	)	PUNCT
aijbe-867	499	22	american	american	ADJ
aijbe-867	499	23	interdisciplinary	interdisciplinary	ADJ
aijbe-867	499	24	journal	journal	NOUN
aijbe-867	499	25	of	of	ADP
aijbe-867	499	26	business	business	NOUN
aijbe-867	499	27	and	and	CCONJ
aijbe-867	499	28	economics	economic	NOUN
aijbe-867	499	29	|	|	ADV
aijbe-867	499	30	58	58	NUM
aijbe-867	499	31	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	VERB
aijbe-867	499	32	significant	significant	ADJ
aijbe-867	499	33	impact	impact	NOUN
aijbe-867	499	34	.	.	PUNCT
aijbe-867	500	1	gdp	gdp	NOUN
aijbe-867	500	2	growth	growth	NOUN
aijbe-867	500	3	rate	rate	NOUN
aijbe-867	500	4	positively	positively	ADV
aijbe-867	500	5	correlates	correlate	VERB
aijbe-867	500	6	with	with	ADP
aijbe-867	500	7	stock	stock	NOUN
aijbe-867	500	8	market	market	NOUN
aijbe-867	500	9	performance	performance	NOUN
aijbe-867	500	10	,	,	PUNCT
aijbe-867	500	11	leading	lead	VERB
aijbe-867	500	12	to	to	ADP
aijbe-867	500	13	increased	increase	VERB
aijbe-867	500	14	investor	investor	NOUN
aijbe-867	500	15	confidence	confidence	NOUN
aijbe-867	500	16	and	and	CCONJ
aijbe-867	500	17	higher	high	ADJ
aijbe-867	500	18	returns	return	NOUN
aijbe-867	500	19	.	.	PUNCT
aijbe-867	501	1	time	time	NOUN
aijbe-867	501	2	-	-	PUNCT
aijbe-867	501	3	varying	vary	VERB
aijbe-867	501	4	conditional	conditional	ADJ
aijbe-867	501	5	volatility	volatility	NOUN
aijbe-867	501	6	indicates	indicate	VERB
aijbe-867	501	7	that	that	SCONJ
aijbe-867	501	8	stock	stock	NOUN
aijbe-867	501	9	market	market	NOUN
aijbe-867	501	10	returns	return	NOUN
aijbe-867	501	11	in	in	ADP
aijbe-867	501	12	nigeria	nigeria	PROPN
aijbe-867	501	13	are	be	AUX
aijbe-867	501	14	subject	subject	ADJ
aijbe-867	501	15	to	to	ADP
aijbe-867	501	16	changing	change	VERB
aijbe-867	501	17	levels	level	NOUN
aijbe-867	501	18	over	over	ADP
aijbe-867	501	19	time	time	NOUN
aijbe-867	501	20	.	.	PUNCT
aijbe-867	502	1	the	the	DET
aijbe-867	502	2	granger	granger	PROPN
aijbe-867	502	3	causality	causality	PROPN
aijbe-867	502	4	test	test	NOUN
aijbe-867	502	5	reveals	reveal	VERB
aijbe-867	502	6	a	a	DET
aijbe-867	502	7	unidirectional	unidirectional	ADJ
aijbe-867	502	8	causal	causal	NOUN
aijbe-867	502	9	relationship	relationship	NOUN
aijbe-867	502	10	between	between	ADP
aijbe-867	502	11	oil	oil	NOUN
aijbe-867	502	12	price	price	NOUN
aijbe-867	502	13	and	and	CCONJ
aijbe-867	502	14	stock	stock	NOUN
aijbe-867	502	15	market	market	NOUN
aijbe-867	502	16	returns	return	NOUN
aijbe-867	502	17	(	(	PUNCT
aijbe-867	502	18	asi	asi	NOUN
aijbe-867	502	19	)	)	PUNCT
aijbe-867	502	20	,	,	PUNCT
aijbe-867	502	21	with	with	ADP
aijbe-867	502	22	changes	change	NOUN
aijbe-867	502	23	in	in	ADP
aijbe-867	502	24	asi	asi	NOUN
aijbe-867	502	25	granger	granger	PROPN
aijbe-867	502	26	causing	cause	VERB
aijbe-867	502	27	oil	oil	NOUN
aijbe-867	502	28	price	price	NOUN
aijbe-867	502	29	.	.	PUNCT
aijbe-867	503	1	the	the	DET
aijbe-867	503	2	inflation	inflation	NOUN
aijbe-867	503	3	rate	rate	NOUN
aijbe-867	503	4	causes	cause	VERB
aijbe-867	503	5	real	real	ADJ
aijbe-867	503	6	asi	asi	NOUN
aijbe-867	503	7	,	,	PUNCT
aijbe-867	503	8	while	while	SCONJ
aijbe-867	503	9	interest	interest	NOUN
aijbe-867	503	10	rate	rate	NOUN
aijbe-867	503	11	has	have	VERB
aijbe-867	503	12	ab	ab	PROPN
aijbe-867	503	13	bi	bi	ADJ
aijbe-867	503	14	-	-	ADJ
aijbe-867	503	15	directional	directional	ADJ
aijbe-867	503	16	causality	causality	NOUN
aijbe-867	503	17	with	with	ADP
aijbe-867	503	18	the	the	DET
aijbe-867	503	19	all	all	DET
aijbe-867	503	20	-	-	PUNCT
aijbe-867	503	21	share	share	NOUN
aijbe-867	503	22	index	index	NOUN
aijbe-867	503	23	.	.	PUNCT
aijbe-867	504	1	the	the	DET
aijbe-867	504	2	rsquared	rsquare	VERB
aijbe-867	504	3	value	value	NOUN
aijbe-867	504	4	of	of	ADP
aijbe-867	504	5	0.998308	0.998308	NUM
aijbe-867	504	6	indicates	indicate	VERB
aijbe-867	504	7	that	that	SCONJ
aijbe-867	504	8	explanatory	explanatory	ADJ
aijbe-867	504	9	variables	variable	NOUN
aijbe-867	504	10	account	account	VERB
aijbe-867	504	11	for	for	ADP
aijbe-867	504	12	99.8	99.8	NUM
aijbe-867	504	13	%	%	NOUN
aijbe-867	504	14	of	of	ADP
aijbe-867	504	15	stock	stock	NOUN
aijbe-867	504	16	market	market	NOUN
aijbe-867	504	17	variation	variation	NOUN
aijbe-867	504	18	,	,	PUNCT
aijbe-867	504	19	with	with	ADP
aijbe-867	504	20	0.020	0.020	NUM
aijbe-867	504	21	%	%	NOUN
aijbe-867	504	22	due	due	ADP
aijbe-867	504	23	to	to	ADP
aijbe-867	504	24	error	error	NOUN
aijbe-867	504	25	terms	term	NOUN
aijbe-867	504	26	.	.	PUNCT
aijbe-867	505	1	risk	risk	NOUN
aijbe-867	505	2	management	management	NOUN
aijbe-867	505	3	strategies	strategy	NOUN
aijbe-867	505	4	are	be	AUX
aijbe-867	505	5	needed	need	VERB
aijbe-867	505	6	to	to	PART
aijbe-867	505	7	navigate	navigate	VERB
aijbe-867	505	8	the	the	DET
aijbe-867	505	9	dynamic	dynamic	ADJ
aijbe-867	505	10	nature	nature	NOUN
aijbe-867	505	11	of	of	ADP
aijbe-867	505	12	the	the	DET
aijbe-867	505	13	nigerian	nigerian	ADJ
aijbe-867	505	14	stock	stock	NOUN
aijbe-867	505	15	market	market	NOUN
aijbe-867	505	16	.	.	PUNCT
aijbe-867	506	1	5.2	5.2	NUM
aijbe-867	506	2	conclusion	conclusion	NOUN
aijbe-867	506	3	:	:	PUNCT
aijbe-867	506	4	the	the	DET
aijbe-867	506	5	findings	finding	NOUN
aijbe-867	506	6	from	from	ADP
aijbe-867	506	7	this	this	DET
aijbe-867	506	8	study	study	NOUN
aijbe-867	506	9	provide	provide	VERB
aijbe-867	506	10	valuable	valuable	ADJ
aijbe-867	506	11	insights	insight	NOUN
aijbe-867	506	12	into	into	ADP
aijbe-867	506	13	the	the	DET
aijbe-867	506	14	intricate	intricate	ADJ
aijbe-867	506	15	relationship	relationship	NOUN
aijbe-867	506	16	between	between	ADP
aijbe-867	506	17	economic	economic	ADJ
aijbe-867	506	18	factors	factor	NOUN
aijbe-867	506	19	and	and	CCONJ
aijbe-867	506	20	stock	stock	NOUN
aijbe-867	506	21	market	market	NOUN
aijbe-867	506	22	returns	return	NOUN
aijbe-867	506	23	in	in	ADP
aijbe-867	506	24	nigeria	nigeria	PROPN
aijbe-867	506	25	.	.	PUNCT
aijbe-867	507	1	these	these	DET
aijbe-867	507	2	implications	implication	NOUN
aijbe-867	507	3	hold	hold	VERB
aijbe-867	507	4	significance	significance	NOUN
aijbe-867	507	5	for	for	ADP
aijbe-867	507	6	investors	investor	NOUN
aijbe-867	507	7	,	,	PUNCT
aijbe-867	507	8	policymakers	policymaker	NOUN
aijbe-867	507	9	,	,	PUNCT
aijbe-867	507	10	and	and	CCONJ
aijbe-867	507	11	market	market	NOUN
aijbe-867	507	12	participants	participant	NOUN
aijbe-867	507	13	in	in	ADP
aijbe-867	507	14	shaping	shape	VERB
aijbe-867	507	15	investment	investment	NOUN
aijbe-867	507	16	decisions	decision	NOUN
aijbe-867	507	17	and	and	CCONJ
aijbe-867	507	18	economic	economic	ADJ
aijbe-867	507	19	policies	policy	NOUN
aijbe-867	507	20	.	.	PUNCT
aijbe-867	508	1	the	the	DET
aijbe-867	508	2	strong	strong	ADJ
aijbe-867	508	3	positive	positive	ADJ
aijbe-867	508	4	impact	impact	NOUN
aijbe-867	508	5	of	of	ADP
aijbe-867	508	6	the	the	DET
aijbe-867	508	7	lagged	lag	VERB
aijbe-867	508	8	all	all	DET
aijbe-867	508	9	-	-	PUNCT
aijbe-867	508	10	share	share	NOUN
aijbe-867	508	11	index	index	NOUN
aijbe-867	508	12	(	(	PUNCT
aijbe-867	508	13	asi	asi	NOUN
aijbe-867	508	14	)	)	PUNCT
aijbe-867	508	15	on	on	ADP
aijbe-867	508	16	the	the	DET
aijbe-867	508	17	current	current	ADJ
aijbe-867	508	18	asi	asi	NOUN
aijbe-867	508	19	indicates	indicate	VERB
aijbe-867	508	20	significant	significant	ADJ
aijbe-867	508	21	autocorrelation	autocorrelation	NOUN
aijbe-867	508	22	in	in	ADP
aijbe-867	508	23	stock	stock	NOUN
aijbe-867	508	24	market	market	NOUN
aijbe-867	508	25	returns	return	NOUN
aijbe-867	508	26	.	.	PUNCT
aijbe-867	509	1	past	past	ADJ
aijbe-867	509	2	performance	performance	NOUN
aijbe-867	509	3	holds	hold	VERB
aijbe-867	509	4	a	a	DET
aijbe-867	509	5	substantial	substantial	ADJ
aijbe-867	509	6	influence	influence	NOUN
aijbe-867	509	7	over	over	ADP
aijbe-867	509	8	present	present	ADJ
aijbe-867	509	9	stock	stock	NOUN
aijbe-867	509	10	market	market	NOUN
aijbe-867	509	11	returns	return	NOUN
aijbe-867	509	12	.	.	PUNCT
aijbe-867	510	1	investors	investor	NOUN
aijbe-867	510	2	and	and	CCONJ
aijbe-867	510	3	policymakers	policymaker	NOUN
aijbe-867	510	4	must	must	AUX
aijbe-867	510	5	consider	consider	VERB
aijbe-867	510	6	historical	historical	ADJ
aijbe-867	510	7	market	market	NOUN
aijbe-867	510	8	trends	trend	NOUN
aijbe-867	510	9	to	to	PART
aijbe-867	510	10	make	make	VERB
aijbe-867	510	11	well	well	ADV
aijbe-867	510	12	-	-	PUNCT
aijbe-867	510	13	informed	inform	VERB
aijbe-867	510	14	investment	investment	NOUN
aijbe-867	510	15	choices	choice	NOUN
aijbe-867	510	16	and	and	CCONJ
aijbe-867	510	17	devise	devise	VERB
aijbe-867	510	18	effective	effective	ADJ
aijbe-867	510	19	economic	economic	ADJ
aijbe-867	510	20	strategies	strategy	NOUN
aijbe-867	510	21	.	.	PUNCT
aijbe-867	511	1	the	the	DET
aijbe-867	511	2	substantial	substantial	ADJ
aijbe-867	511	3	and	and	CCONJ
aijbe-867	511	4	significant	significant	ADJ
aijbe-867	511	5	effect	effect	NOUN
aijbe-867	511	6	of	of	ADP
aijbe-867	511	7	oil	oil	NOUN
aijbe-867	511	8	prices	price	NOUN
aijbe-867	511	9	on	on	ADP
aijbe-867	511	10	the	the	DET
aijbe-867	511	11	all	all	DET
aijbe-867	511	12	-	-	PUNCT
aijbe-867	511	13	share	share	NOUN
aijbe-867	511	14	indices	index	NOUN
aijbe-867	511	15	reveals	reveal	VERB
aijbe-867	511	16	the	the	DET
aijbe-867	511	17	nigerian	nigerian	ADJ
aijbe-867	511	18	stock	stock	NOUN
aijbe-867	511	19	market	market	NOUN
aijbe-867	511	20	's	's	PART
aijbe-867	511	21	sensitivity	sensitivity	NOUN
aijbe-867	511	22	to	to	ADP
aijbe-867	511	23	oil	oil	NOUN
aijbe-867	511	24	price	price	NOUN
aijbe-867	511	25	fluctuations	fluctuation	NOUN
aijbe-867	511	26	.	.	PUNCT
aijbe-867	512	1	fluctuations	fluctuation	NOUN
aijbe-867	512	2	in	in	ADP
aijbe-867	512	3	exchange	exchange	NOUN
aijbe-867	512	4	rates	rate	NOUN
aijbe-867	512	5	can	can	AUX
aijbe-867	512	6	affect	affect	VERB
aijbe-867	512	7	various	various	ADJ
aijbe-867	512	8	sectors	sector	NOUN
aijbe-867	512	9	,	,	PUNCT
aijbe-867	512	10	particularly	particularly	ADV
aijbe-867	512	11	import	import	NOUN
aijbe-867	512	12	-	-	PUNCT
aijbe-867	512	13	dependent	dependent	ADJ
aijbe-867	512	14	companies	company	NOUN
aijbe-867	512	15	listed	list	VERB
aijbe-867	512	16	on	on	ADP
aijbe-867	512	17	the	the	DET
aijbe-867	512	18	stock	stock	NOUN
aijbe-867	512	19	exchange	exchange	NOUN
aijbe-867	512	20	and	and	CCONJ
aijbe-867	512	21	should	should	AUX
aijbe-867	512	22	be	be	AUX
aijbe-867	512	23	carefully	carefully	ADV
aijbe-867	512	24	managed	manage	VERB
aijbe-867	512	25	by	by	ADP
aijbe-867	512	26	policymakers	policymaker	NOUN
aijbe-867	512	27	.	.	PUNCT
aijbe-867	513	1	the	the	DET
aijbe-867	513	2	positive	positive	ADJ
aijbe-867	513	3	and	and	CCONJ
aijbe-867	513	4	significant	significant	ADJ
aijbe-867	513	5	effect	effect	NOUN
aijbe-867	513	6	of	of	ADP
aijbe-867	513	7	the	the	DET
aijbe-867	513	8	inflation	inflation	NOUN
aijbe-867	513	9	rate	rate	NOUN
aijbe-867	513	10	on	on	ADP
aijbe-867	513	11	stock	stock	NOUN
aijbe-867	513	12	market	market	NOUN
aijbe-867	513	13	returns	return	NOUN
aijbe-867	513	14	indicates	indicate	VERB
aijbe-867	513	15	that	that	SCONJ
aijbe-867	513	16	inflation	inflation	NOUN
aijbe-867	513	17	plays	play	VERB
aijbe-867	513	18	a	a	DET
aijbe-867	513	19	pivotal	pivotal	ADJ
aijbe-867	513	20	role	role	NOUN
aijbe-867	513	21	in	in	ADP
aijbe-867	513	22	shaping	shape	VERB
aijbe-867	513	23	investor	investor	NOUN
aijbe-867	513	24	behavior	behavior	NOUN
aijbe-867	513	25	and	and	CCONJ
aijbe-867	513	26	expectations	expectation	NOUN
aijbe-867	513	27	.	.	PUNCT
aijbe-867	514	1	as	as	SCONJ
aijbe-867	514	2	inflation	inflation	NOUN
aijbe-867	514	3	erodes	erode	VERB
aijbe-867	514	4	purchasing	purchasing	NOUN
aijbe-867	514	5	power	power	NOUN
aijbe-867	514	6	,	,	PUNCT
aijbe-867	514	7	investors	investor	NOUN
aijbe-867	514	8	may	may	AUX
aijbe-867	514	9	seek	seek	VERB
aijbe-867	514	10	refuge	refuge	NOUN
aijbe-867	514	11	in	in	ADP
aijbe-867	514	12	the	the	DET
aijbe-867	514	13	stock	stock	NOUN
aijbe-867	514	14	market	market	NOUN
aijbe-867	514	15	to	to	PART
aijbe-867	514	16	counter	counter	VERB
aijbe-867	514	17	the	the	DET
aijbe-867	514	18	impact	impact	NOUN
aijbe-867	514	19	of	of	ADP
aijbe-867	514	20	rising	rise	VERB
aijbe-867	514	21	prices	price	NOUN
aijbe-867	514	22	.	.	PUNCT
aijbe-867	515	1	policymakers	policymaker	NOUN
aijbe-867	515	2	should	should	AUX
aijbe-867	515	3	adopt	adopt	VERB
aijbe-867	515	4	measures	measure	NOUN
aijbe-867	515	5	to	to	PART
aijbe-867	515	6	control	control	VERB
aijbe-867	515	7	inflation	inflation	NOUN
aijbe-867	515	8	,	,	PUNCT
aijbe-867	515	9	as	as	SCONJ
aijbe-867	515	10	it	it	PRON
aijbe-867	515	11	can	can	AUX
aijbe-867	515	12	influence	influence	VERB
aijbe-867	515	13	stock	stock	NOUN
aijbe-867	515	14	market	market	NOUN
aijbe-867	515	15	dynamics	dynamic	NOUN
aijbe-867	515	16	.	.	PUNCT
aijbe-867	516	1	the	the	DET
aijbe-867	516	2	positive	positive	ADJ
aijbe-867	516	3	and	and	CCONJ
aijbe-867	516	4	significant	significant	ADJ
aijbe-867	516	5	impact	impact	NOUN
aijbe-867	516	6	of	of	ADP
aijbe-867	516	7	the	the	DET
aijbe-867	516	8	gdp	gdp	NOUN
aijbe-867	516	9	growth	growth	NOUN
aijbe-867	516	10	rate	rate	NOUN
aijbe-867	516	11	on	on	ADP
aijbe-867	516	12	stock	stock	NOUN
aijbe-867	516	13	market	market	NOUN
aijbe-867	516	14	returns	return	NOUN
aijbe-867	516	15	underscores	underscore	VERB
aijbe-867	516	16	the	the	DET
aijbe-867	516	17	positive	positive	ADJ
aijbe-867	516	18	correlation	correlation	NOUN
aijbe-867	516	19	between	between	ADP
aijbe-867	516	20	economic	economic	ADJ
aijbe-867	516	21	growth	growth	NOUN
aijbe-867	516	22	and	and	CCONJ
aijbe-867	516	23	stock	stock	NOUN
aijbe-867	516	24	market	market	NOUN
aijbe-867	516	25	performance	performance	NOUN
aijbe-867	516	26	.	.	PUNCT
aijbe-867	517	1	a	a	DET
aijbe-867	517	2	thriving	thrive	VERB
aijbe-867	517	3	economy	economy	NOUN
aijbe-867	517	4	fosters	foster	VERB
aijbe-867	517	5	a	a	DET
aijbe-867	517	6	conducive	conducive	ADJ
aijbe-867	517	7	environment	environment	NOUN
aijbe-867	517	8	for	for	ADP
aijbe-867	517	9	businesses	business	NOUN
aijbe-867	517	10	,	,	PUNCT
aijbe-867	517	11	leading	lead	VERB
aijbe-867	517	12	to	to	ADP
aijbe-867	517	13	heightened	heighten	VERB
aijbe-867	517	14	investor	investor	NOUN
aijbe-867	517	15	confidence	confidence	NOUN
aijbe-867	517	16	and	and	CCONJ
aijbe-867	517	17	increased	increase	VERB
aijbe-867	517	18	stock	stock	NOUN
aijbe-867	517	19	market	market	NOUN
aijbe-867	517	20	returns	return	NOUN
aijbe-867	517	21	.	.	PUNCT
aijbe-867	518	1	investors	investor	NOUN
aijbe-867	518	2	and	and	CCONJ
aijbe-867	518	3	policymakers	policymaker	NOUN
aijbe-867	518	4	should	should	AUX
aijbe-867	518	5	consider	consider	VERB
aijbe-867	518	6	these	these	DET
aijbe-867	518	7	insights	insight	NOUN
aijbe-867	518	8	to	to	PART
aijbe-867	518	9	make	make	VERB
aijbe-867	518	10	informed	informed	ADJ
aijbe-867	518	11	decisions	decision	NOUN
aijbe-867	518	12	that	that	PRON
aijbe-867	518	13	bolster	bolster	VERB
aijbe-867	518	14	stock	stock	NOUN
aijbe-867	518	15	market	market	NOUN
aijbe-867	518	16	performance	performance	NOUN
aijbe-867	518	17	and	and	CCONJ
aijbe-867	518	18	foster	foster	ADJ
aijbe-867	518	19	economic	economic	ADJ
aijbe-867	518	20	growth	growth	NOUN
aijbe-867	518	21	.	.	PUNCT
aijbe-867	519	1	additionally	additionally	ADV
aijbe-867	519	2	,	,	PUNCT
aijbe-867	519	3	the	the	DET
aijbe-867	519	4	presence	presence	NOUN
aijbe-867	519	5	of	of	ADP
aijbe-867	519	6	time	time	NOUN
aijbe-867	519	7	-	-	PUNCT
aijbe-867	519	8	varying	vary	VERB
aijbe-867	519	9	volatility	volatility	NOUN
aijbe-867	519	10	necessitates	necessitate	VERB
aijbe-867	519	11	proactive	proactive	ADJ
aijbe-867	519	12	risk	risk	NOUN
aijbe-867	519	13	management	management	NOUN
aijbe-867	519	14	strategies	strategy	NOUN
aijbe-867	519	15	to	to	PART
aijbe-867	519	16	effectively	effectively	ADV
aijbe-867	519	17	navigate	navigate	VERB
aijbe-867	519	18	market	market	NOUN
aijbe-867	519	19	uncertainties	uncertainty	NOUN
aijbe-867	519	20	.	.	PUNCT
aijbe-867	520	1	by	by	ADP
aijbe-867	520	2	incorporating	incorporate	VERB
aijbe-867	520	3	these	these	DET
aijbe-867	520	4	advanced	advanced	ADJ
aijbe-867	520	5	economic	economic	ADJ
aijbe-867	520	6	implications	implication	NOUN
aijbe-867	520	7	,	,	PUNCT
aijbe-867	520	8	nigeria	nigeria	PROPN
aijbe-867	520	9	can	can	AUX
aijbe-867	520	10	work	work	VERB
aijbe-867	520	11	towards	towards	ADP
aijbe-867	520	12	a	a	DET
aijbe-867	520	13	more	more	ADV
aijbe-867	520	14	robust	robust	ADJ
aijbe-867	520	15	and	and	CCONJ
aijbe-867	520	16	sustainable	sustainable	ADJ
aijbe-867	520	17	stock	stock	NOUN
aijbe-867	520	18	market	market	NOUN
aijbe-867	520	19	that	that	PRON
aijbe-867	520	20	contributes	contribute	VERB
aijbe-867	520	21	to	to	ADP
aijbe-867	520	22	overall	overall	ADJ
aijbe-867	520	23	economic	economic	ADJ
aijbe-867	520	24	prosperity	prosperity	NOUN
aijbe-867	520	25	.	.	PUNCT
aijbe-867	521	1	5.3	5.3	NUM
aijbe-867	521	2	recommendations	recommendation	NOUN
aijbe-867	521	3	the	the	DET
aijbe-867	521	4	study	study	NOUN
aijbe-867	521	5	recommends	recommend	VERB
aijbe-867	521	6	the	the	DET
aijbe-867	521	7	following	following	NOUN
aijbe-867	521	8	based	base	VERB
aijbe-867	521	9	on	on	ADP
aijbe-867	521	10	the	the	DET
aijbe-867	521	11	findings	finding	NOUN
aijbe-867	521	12	.	.	PUNCT
aijbe-867	522	1	i	i	PRON
aijbe-867	522	2	given	give	VERB
aijbe-867	522	3	the	the	DET
aijbe-867	522	4	significant	significant	ADJ
aijbe-867	522	5	positive	positive	ADJ
aijbe-867	522	6	impact	impact	NOUN
aijbe-867	522	7	of	of	ADP
aijbe-867	522	8	lagged	lag	VERB
aijbe-867	522	9	all	all	DET
aijbe-867	522	10	-	-	PUNCT
aijbe-867	522	11	share	share	NOUN
aijbe-867	522	12	indices	index	NOUN
aijbe-867	522	13	(	(	PUNCT
aijbe-867	522	14	asi	asi	NOUN
aijbe-867	522	15	)	)	PUNCT
aijbe-867	522	16	on	on	ADP
aijbe-867	522	17	current	current	ADJ
aijbe-867	522	18	asi	asi	NOUN
aijbe-867	522	19	,	,	PUNCT
aijbe-867	522	20	investors	investor	NOUN
aijbe-867	522	21	and	and	CCONJ
aijbe-867	522	22	policymakers	policymaker	NOUN
aijbe-867	522	23	should	should	AUX
aijbe-867	522	24	place	place	VERB
aijbe-867	522	25	emphasis	emphasis	NOUN
aijbe-867	522	26	on	on	ADP
aijbe-867	522	27	monitoring	monitor	VERB
aijbe-867	522	28	market	market	NOUN
aijbe-867	522	29	sentiment	sentiment	NOUN
aijbe-867	522	30	and	and	CCONJ
aijbe-867	522	31	historical	historical	ADJ
aijbe-867	522	32	performance	performance	NOUN
aijbe-867	522	33	trends	trend	NOUN
aijbe-867	522	34	.	.	PUNCT
aijbe-867	523	1	a	a	DET
aijbe-867	523	2	comprehensive	comprehensive	ADJ
aijbe-867	523	3	analysis	analysis	NOUN
aijbe-867	523	4	of	of	ADP
aijbe-867	523	5	market	market	NOUN
aijbe-867	523	6	sentiment	sentiment	NOUN
aijbe-867	523	7	can	can	AUX
aijbe-867	523	8	help	help	VERB
aijbe-867	523	9	in	in	ADP
aijbe-867	523	10	making	make	VERB
aijbe-867	523	11	informed	informed	ADJ
aijbe-867	523	12	investment	investment	NOUN
aijbe-867	523	13	decisions	decision	NOUN
aijbe-867	523	14	and	and	CCONJ
aijbe-867	523	15	developing	develop	VERB
aijbe-867	523	16	effective	effective	ADJ
aijbe-867	523	17	economic	economic	ADJ
aijbe-867	523	18	policies	policy	NOUN
aijbe-867	523	19	to	to	PART
aijbe-867	523	20	bolster	bolster	VERB
aijbe-867	523	21	stock	stock	NOUN
aijbe-867	523	22	market	market	NOUN
aijbe-867	523	23	returns	return	NOUN
aijbe-867	523	24	.	.	PUNCT
aijbe-867	524	1	ii	ii	PROPN
aijbe-867	524	2	considering	consider	VERB
aijbe-867	524	3	the	the	DET
aijbe-867	524	4	positive	positive	ADJ
aijbe-867	524	5	and	and	CCONJ
aijbe-867	524	6	significant	significant	ADJ
aijbe-867	524	7	effect	effect	NOUN
aijbe-867	524	8	of	of	ADP
aijbe-867	524	9	oil	oil	NOUN
aijbe-867	524	10	prices	price	NOUN
aijbe-867	524	11	on	on	ADP
aijbe-867	524	12	all	all	DET
aijbe-867	524	13	-	-	PUNCT
aijbe-867	524	14	share	share	NOUN
aijbe-867	524	15	indices	index	NOUN
aijbe-867	524	16	,	,	PUNCT
aijbe-867	524	17	it	it	PRON
aijbe-867	524	18	is	be	AUX
aijbe-867	524	19	crucial	crucial	ADJ
aijbe-867	524	20	for	for	SCONJ
aijbe-867	524	21	investors	investor	NOUN
aijbe-867	524	22	to	to	PART
aijbe-867	524	23	closely	closely	ADV
aijbe-867	524	24	monitor	monitor	VERB
aijbe-867	524	25	oil	oil	NOUN
aijbe-867	524	26	price	price	NOUN
aijbe-867	524	27	fluctuations	fluctuation	NOUN
aijbe-867	524	28	.	.	PUNCT
aijbe-867	525	1	policymakers	policymaker	NOUN
aijbe-867	525	2	should	should	AUX
aijbe-867	525	3	also	also	ADV
aijbe-867	525	4	keep	keep	VERB
aijbe-867	525	5	a	a	DET
aijbe-867	525	6	close	close	ADJ
aijbe-867	525	7	eye	eye	NOUN
aijbe-867	525	8	on	on	ADP
aijbe-867	525	9	oil	oil	NOUN
aijbe-867	525	10	market	market	NOUN
aijbe-867	525	11	dynamics	dynamic	NOUN
aijbe-867	525	12	,	,	PUNCT
aijbe-867	525	13	as	as	SCONJ
aijbe-867	525	14	nigeria	nigeria	PROPN
aijbe-867	525	15	's	's	PART
aijbe-867	525	16	status	status	NOUN
aijbe-867	525	17	as	as	ADP
aijbe-867	525	18	a	a	DET
aijbe-867	525	19	major	major	ADJ
aijbe-867	525	20	oil	oil	NOUN
aijbe-867	525	21	producer	producer	NOUN
aijbe-867	525	22	can	can	AUX
aijbe-867	525	23	make	make	VERB
aijbe-867	525	24	the	the	DET
aijbe-867	525	25	stock	stock	NOUN
aijbe-867	525	26	market	market	NOUN
aijbe-867	525	27	susceptible	susceptible	ADJ
aijbe-867	525	28	to	to	ADP
aijbe-867	525	29	oil	oil	NOUN
aijbe-867	525	30	price	price	NOUN
aijbe-867	525	31	changes	change	NOUN
aijbe-867	525	32	.	.	PUNCT
aijbe-867	526	1	implementing	implement	VERB
aijbe-867	526	2	measures	measure	NOUN
aijbe-867	526	3	to	to	PART
aijbe-867	526	4	mitigate	mitigate	VERB
aijbe-867	526	5	the	the	DET
aijbe-867	526	6	impact	impact	NOUN
aijbe-867	526	7	of	of	ADP
aijbe-867	526	8	oil	oil	NOUN
aijbe-867	526	9	price	price	NOUN
aijbe-867	526	10	volatility	volatility	NOUN
aijbe-867	526	11	on	on	ADP
aijbe-867	526	12	the	the	DET
aijbe-867	526	13	stock	stock	NOUN
aijbe-867	526	14	market	market	NOUN
aijbe-867	526	15	is	be	AUX
aijbe-867	526	16	essential	essential	ADJ
aijbe-867	526	17	for	for	ADP
aijbe-867	526	18	sustainable	sustainable	ADJ
aijbe-867	526	19	economic	economic	ADJ
aijbe-867	526	20	growth	growth	NOUN
aijbe-867	526	21	.	.	PUNCT
aijbe-867	527	1	ikemenogo	ikemenogo	PROPN
aijbe-867	527	2	,	,	PUNCT
aijbe-867	527	3	eze	eze	PROPN
aijbe-867	527	4	solomon	solomon	PROPN
aijbe-867	527	5	(	(	PUNCT
aijbe-867	527	6	2024	2024	NUM
aijbe-867	527	7	)	)	PUNCT
aijbe-867	527	8	american	american	ADJ
aijbe-867	527	9	interdisciplinary	interdisciplinary	ADJ
aijbe-867	527	10	journal	journal	NOUN
aijbe-867	527	11	of	of	ADP
aijbe-867	527	12	business	business	NOUN
aijbe-867	527	13	and	and	CCONJ
aijbe-867	527	14	economics	economic	NOUN
aijbe-867	527	15	|	|	ADV
aijbe-867	527	16	59	59	NUM
aijbe-867	527	17	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	527	18	iii	iii	NUM
aijbe-867	527	19	government	government	NOUN
aijbe-867	527	20	should	should	AUX
aijbe-867	527	21	institute	institute	VERB
aijbe-867	527	22	mechanisms	mechanism	NOUN
aijbe-867	527	23	like	like	ADP
aijbe-867	527	24	benchmarking	benchmarke	VERB
aijbe-867	527	25	,	,	PUNCT
aijbe-867	527	26	through	through	ADP
aijbe-867	527	27	policy	policy	NOUN
aijbe-867	527	28	instruments	instrument	NOUN
aijbe-867	527	29	that	that	PRON
aijbe-867	527	30	flags	flag	VERB
aijbe-867	527	31	sensitivity	sensitivity	NOUN
aijbe-867	527	32	of	of	ADP
aijbe-867	527	33	internal	internal	ADJ
aijbe-867	527	34	and	and	CCONJ
aijbe-867	527	35	eternal	eternal	ADJ
aijbe-867	527	36	risk	risk	NOUN
aijbe-867	527	37	elements	element	NOUN
aijbe-867	527	38	that	that	PRON
aijbe-867	527	39	interferes	interfere	VERB
aijbe-867	527	40	against	against	ADP
aijbe-867	527	41	natural	natural	ADJ
aijbe-867	527	42	flow	flow	NOUN
aijbe-867	527	43	of	of	ADP
aijbe-867	527	44	the	the	DET
aijbe-867	527	45	domestic	domestic	ADJ
aijbe-867	527	46	economy	economy	NOUN
aijbe-867	527	47	.	.	PUNCT
aijbe-867	528	1	this	this	PRON
aijbe-867	528	2	will	will	AUX
aijbe-867	528	3	guide	guide	VERB
aijbe-867	528	4	for	for	ADP
aijbe-867	528	5	prompt	prompt	ADJ
aijbe-867	528	6	mitigation	mitigation	NOUN
aijbe-867	528	7	measures	measure	NOUN
aijbe-867	528	8	.	.	PUNCT
aijbe-867	529	1	iv	iv	NOUN
aijbe-867	529	2	to	to	PART
aijbe-867	529	3	enhance	enhance	VERB
aijbe-867	529	4	decision	decision	NOUN
aijbe-867	529	5	-	-	PUNCT
aijbe-867	529	6	making	make	VERB
aijbe-867	529	7	processes	process	NOUN
aijbe-867	529	8	,	,	PUNCT
aijbe-867	529	9	continuous	continuous	ADJ
aijbe-867	529	10	data	datum	NOUN
aijbe-867	529	11	analysis	analysis	NOUN
aijbe-867	529	12	and	and	CCONJ
aijbe-867	529	13	research	research	NOUN
aijbe-867	529	14	should	should	AUX
aijbe-867	529	15	be	be	AUX
aijbe-867	529	16	conducted	conduct	VERB
aijbe-867	529	17	to	to	PART
aijbe-867	529	18	better	well	ADV
aijbe-867	529	19	comprehend	comprehend	VERB
aijbe-867	529	20	the	the	DET
aijbe-867	529	21	causal	causal	ADJ
aijbe-867	529	22	relationships	relationship	NOUN
aijbe-867	529	23	between	between	ADP
aijbe-867	529	24	economic	economic	ADJ
aijbe-867	529	25	variables	variable	NOUN
aijbe-867	529	26	and	and	CCONJ
aijbe-867	529	27	stock	stock	NOUN
aijbe-867	529	28	market	market	NOUN
aijbe-867	529	29	returns	return	NOUN
aijbe-867	529	30	.	.	PUNCT
aijbe-867	530	1	data	data	NOUN
aijbe-867	530	2	-	-	PUNCT
aijbe-867	530	3	driven	drive	VERB
aijbe-867	530	4	insights	insight	NOUN
aijbe-867	530	5	will	will	AUX
aijbe-867	530	6	assist	assist	VERB
aijbe-867	530	7	in	in	ADP
aijbe-867	530	8	formulating	formulate	VERB
aijbe-867	530	9	effective	effective	ADJ
aijbe-867	530	10	economic	economic	ADJ
aijbe-867	530	11	policies	policy	NOUN
aijbe-867	530	12	and	and	CCONJ
aijbe-867	530	13	investment	investment	NOUN
aijbe-867	530	14	strategies	strategy	NOUN
aijbe-867	530	15	that	that	PRON
aijbe-867	530	16	align	align	VERB
aijbe-867	530	17	with	with	ADP
aijbe-867	530	18	market	market	NOUN
aijbe-867	530	19	dynamics	dynamic	NOUN
aijbe-867	530	20	.	.	PUNCT
aijbe-867	531	1	v	v	ADP
aijbe-867	531	2	the	the	DET
aijbe-867	531	3	presence	presence	NOUN
aijbe-867	531	4	of	of	ADP
aijbe-867	531	5	time	time	NOUN
aijbe-867	531	6	-	-	PUNCT
aijbe-867	531	7	varying	vary	VERB
aijbe-867	531	8	conditional	conditional	ADJ
aijbe-867	531	9	volatility	volatility	NOUN
aijbe-867	531	10	,	,	PUNCT
aijbe-867	531	11	as	as	SCONJ
aijbe-867	531	12	evidenced	evidence	VERB
aijbe-867	531	13	by	by	ADP
aijbe-867	531	14	arch	arch	ADJ
aijbe-867	531	15	and	and	CCONJ
aijbe-867	531	16	garch	garch	NOUN
aijbe-867	531	17	parameters	parameter	NOUN
aijbe-867	531	18	,	,	PUNCT
aijbe-867	531	19	necessitates	necessitate	VERB
aijbe-867	531	20	the	the	DET
aijbe-867	531	21	adoption	adoption	NOUN
aijbe-867	531	22	of	of	ADP
aijbe-867	531	23	robust	robust	ADJ
aijbe-867	531	24	risk	risk	NOUN
aijbe-867	531	25	management	management	NOUN
aijbe-867	531	26	strategies	strategy	NOUN
aijbe-867	531	27	by	by	ADP
aijbe-867	531	28	investors	investor	NOUN
aijbe-867	531	29	.	.	PUNCT
aijbe-867	532	1	diversification	diversification	NOUN
aijbe-867	532	2	,	,	PUNCT
aijbe-867	532	3	hedging	hedging	NOUN
aijbe-867	532	4	,	,	PUNCT
aijbe-867	532	5	and	and	CCONJ
aijbe-867	532	6	other	other	ADJ
aijbe-867	532	7	risk	risk	NOUN
aijbe-867	532	8	mitigation	mitigation	NOUN
aijbe-867	532	9	techniques	technique	NOUN
aijbe-867	532	10	should	should	AUX
aijbe-867	532	11	be	be	AUX
aijbe-867	532	12	employed	employ	VERB
aijbe-867	532	13	to	to	PART
aijbe-867	532	14	navigate	navigate	VERB
aijbe-867	532	15	the	the	DET
aijbe-867	532	16	dynamic	dynamic	ADJ
aijbe-867	532	17	nature	nature	NOUN
aijbe-867	532	18	of	of	ADP
aijbe-867	532	19	the	the	DET
aijbe-867	532	20	nigerian	nigerian	ADJ
aijbe-867	532	21	stock	stock	NOUN
aijbe-867	532	22	market	market	NOUN
aijbe-867	532	23	.	.	PUNCT
aijbe-867	533	1	vi	vi	VERB
aijbe-867	534	1	the	the	DET
aijbe-867	534	2	positive	positive	ADJ
aijbe-867	534	3	and	and	CCONJ
aijbe-867	534	4	significant	significant	ADJ
aijbe-867	534	5	impact	impact	NOUN
aijbe-867	534	6	of	of	ADP
aijbe-867	534	7	the	the	DET
aijbe-867	534	8	gdp	gdp	NOUN
aijbe-867	534	9	growth	growth	NOUN
aijbe-867	534	10	rate	rate	NOUN
aijbe-867	534	11	on	on	ADP
aijbe-867	534	12	stock	stock	NOUN
aijbe-867	534	13	market	market	NOUN
aijbe-867	534	14	returns	return	NOUN
aijbe-867	534	15	indicates	indicate	VERB
aijbe-867	534	16	the	the	DET
aijbe-867	534	17	importance	importance	NOUN
aijbe-867	534	18	of	of	ADP
aijbe-867	534	19	fostering	foster	VERB
aijbe-867	534	20	economic	economic	ADJ
aijbe-867	534	21	growth	growth	NOUN
aijbe-867	534	22	.	.	PUNCT
aijbe-867	535	1	policymakers	policymaker	NOUN
aijbe-867	535	2	should	should	AUX
aijbe-867	535	3	prioritize	prioritize	VERB
aijbe-867	535	4	economic	economic	ADJ
aijbe-867	535	5	policies	policy	NOUN
aijbe-867	535	6	that	that	PRON
aijbe-867	535	7	stimulate	stimulate	VERB
aijbe-867	535	8	growth	growth	NOUN
aijbe-867	535	9	and	and	CCONJ
aijbe-867	535	10	create	create	VERB
aijbe-867	535	11	a	a	DET
aijbe-867	535	12	conducive	conducive	ADJ
aijbe-867	535	13	environment	environment	NOUN
aijbe-867	535	14	for	for	SCONJ
aijbe-867	535	15	businesses	business	NOUN
aijbe-867	535	16	to	to	PART
aijbe-867	535	17	thrive	thrive	VERB
aijbe-867	535	18	,	,	PUNCT
aijbe-867	535	19	ultimately	ultimately	ADV
aijbe-867	535	20	boosting	boost	VERB
aijbe-867	535	21	investor	investor	NOUN
aijbe-867	535	22	confidence	confidence	NOUN
aijbe-867	535	23	and	and	CCONJ
aijbe-867	535	24	stock	stock	NOUN
aijbe-867	535	25	market	market	NOUN
aijbe-867	535	26	performance	performance	NOUN
aijbe-867	535	27	.	.	PUNCT
aijbe-867	536	1	suggestions	suggestion	NOUN
aijbe-867	536	2	for	for	ADP
aijbe-867	536	3	future	future	ADJ
aijbe-867	536	4	research	research	NOUN
aijbe-867	536	5	:	:	PUNCT
aijbe-867	536	6	1	1	X
aijbe-867	536	7	)	)	PUNCT
aijbe-867	536	8	future	future	ADJ
aijbe-867	536	9	studies	study	NOUN
aijbe-867	536	10	could	could	AUX
aijbe-867	536	11	broaden	broaden	VERB
aijbe-867	536	12	their	their	PRON
aijbe-867	536	13	scope	scope	NOUN
aijbe-867	536	14	by	by	ADP
aijbe-867	536	15	examining	examine	VERB
aijbe-867	536	16	the	the	DET
aijbe-867	536	17	influence	influence	NOUN
aijbe-867	536	18	of	of	ADP
aijbe-867	536	19	oil	oil	NOUN
aijbe-867	536	20	price	price	NOUN
aijbe-867	536	21	shocks	shock	NOUN
aijbe-867	536	22	on	on	ADP
aijbe-867	536	23	stock	stock	NOUN
aijbe-867	536	24	market	market	NOUN
aijbe-867	536	25	returns	return	NOUN
aijbe-867	536	26	in	in	ADP
aijbe-867	536	27	various	various	ADJ
aijbe-867	536	28	regions	region	NOUN
aijbe-867	536	29	,	,	PUNCT
aijbe-867	536	30	including	include	VERB
aijbe-867	536	31	west	west	PROPN
aijbe-867	536	32	africa	africa	PROPN
aijbe-867	536	33	,	,	PUNCT
aijbe-867	536	34	sub	sub	ADJ
aijbe-867	536	35	-	-	ADJ
aijbe-867	536	36	saharan	saharan	ADJ
aijbe-867	536	37	african	african	ADJ
aijbe-867	536	38	countries	country	NOUN
aijbe-867	536	39	,	,	PUNCT
aijbe-867	536	40	or	or	CCONJ
aijbe-867	536	41	the	the	DET
aijbe-867	536	42	entire	entire	ADJ
aijbe-867	536	43	african	african	ADJ
aijbe-867	536	44	continent	continent	NOUN
aijbe-867	536	45	who	who	PRON
aijbe-867	536	46	are	be	AUX
aijbe-867	536	47	members	member	NOUN
aijbe-867	536	48	of	of	ADP
aijbe-867	536	49	opec	opec	PROPN
aijbe-867	536	50	.	.	PUNCT
aijbe-867	537	1	2	2	X
aijbe-867	537	2	)	)	PUNCT
aijbe-867	537	3	researchers	researcher	NOUN
aijbe-867	537	4	may	may	AUX
aijbe-867	537	5	explore	explore	VERB
aijbe-867	537	6	alternative	alternative	ADJ
aijbe-867	537	7	estimation	estimation	NOUN
aijbe-867	537	8	techniques	technique	NOUN
aijbe-867	537	9	,	,	PUNCT
aijbe-867	537	10	such	such	ADJ
aijbe-867	537	11	as	as	ADP
aijbe-867	537	12	dynamic	dynamic	ADJ
aijbe-867	537	13	ols	ol	NOUN
aijbe-867	537	14	or	or	CCONJ
aijbe-867	537	15	generalized	generalized	ADJ
aijbe-867	537	16	methods	method	NOUN
aijbe-867	537	17	of	of	ADP
aijbe-867	537	18	moment	moment	NOUN
aijbe-867	537	19	(	(	PUNCT
aijbe-867	537	20	gmm	gmm	NOUN
aijbe-867	537	21	)	)	PUNCT
aijbe-867	537	22	,	,	PUNCT
aijbe-867	537	23	to	to	PART
aijbe-867	537	24	complement	complement	VERB
aijbe-867	537	25	the	the	DET
aijbe-867	537	26	current	current	ADJ
aijbe-867	537	27	ardl	ardl	NOUN
aijbe-867	537	28	model	model	NOUN
aijbe-867	537	29	and	and	CCONJ
aijbe-867	537	30	strengthen	strengthen	VERB
aijbe-867	537	31	the	the	DET
aijbe-867	537	32	findings	finding	NOUN
aijbe-867	537	33	.	.	PUNCT
aijbe-867	538	1	3	3	X
aijbe-867	538	2	)	)	PUNCT
aijbe-867	538	3	delving	delve	VERB
aijbe-867	538	4	deeper	deeply	ADV
aijbe-867	538	5	into	into	ADP
aijbe-867	538	6	the	the	DET
aijbe-867	538	7	complex	complex	ADJ
aijbe-867	538	8	dynamics	dynamic	NOUN
aijbe-867	538	9	between	between	ADP
aijbe-867	538	10	oil	oil	NOUN
aijbe-867	538	11	price	price	NOUN
aijbe-867	538	12	volatility	volatility	NOUN
aijbe-867	538	13	and	and	CCONJ
aijbe-867	538	14	stock	stock	NOUN
aijbe-867	538	15	market	market	NOUN
aijbe-867	538	16	returns	return	NOUN
aijbe-867	538	17	,	,	PUNCT
aijbe-867	538	18	future	future	ADJ
aijbe-867	538	19	research	research	NOUN
aijbe-867	538	20	could	could	AUX
aijbe-867	538	21	incorporate	incorporate	VERB
aijbe-867	538	22	additional	additional	ADJ
aijbe-867	538	23	factors	factor	NOUN
aijbe-867	538	24	like	like	ADP
aijbe-867	538	25	education	education	NOUN
aijbe-867	538	26	,	,	PUNCT
aijbe-867	538	27	technological	technological	ADJ
aijbe-867	538	28	advancements	advancement	NOUN
aijbe-867	538	29	,	,	PUNCT
aijbe-867	538	30	and	and	CCONJ
aijbe-867	538	31	government	government	NOUN
aijbe-867	538	32	policies	policy	NOUN
aijbe-867	538	33	.	.	PUNCT
aijbe-867	539	1	this	this	PRON
aijbe-867	539	2	would	would	AUX
aijbe-867	539	3	offer	offer	VERB
aijbe-867	539	4	a	a	DET
aijbe-867	539	5	more	more	ADV
aijbe-867	539	6	comprehensive	comprehensive	ADJ
aijbe-867	539	7	analysis	analysis	NOUN
aijbe-867	539	8	of	of	ADP
aijbe-867	539	9	the	the	DET
aijbe-867	539	10	subject	subject	NOUN
aijbe-867	539	11	matter	matter	NOUN
aijbe-867	539	12	.	.	PUNCT
aijbe-867	540	1	references	reference	NOUN
aijbe-867	540	2	agren	agren	NOUN
aijbe-867	540	3	,	,	PUNCT
aijbe-867	540	4	m.	m.	NOUN
aijbe-867	540	5	(	(	PUNCT
aijbe-867	540	6	2006	2006	NUM
aijbe-867	540	7	)	)	PUNCT
aijbe-867	540	8	.	.	PUNCT
aijbe-867	541	1	does	do	AUX
aijbe-867	541	2	oil	oil	NOUN
aijbe-867	541	3	price	price	NOUN
aijbe-867	541	4	uncertainty	uncertainty	NOUN
aijbe-867	541	5	transmit	transmit	VERB
aijbe-867	541	6	to	to	ADP
aijbe-867	541	7	stock	stock	NOUN
aijbe-867	541	8	markets	market	NOUN
aijbe-867	541	9	?	?	PUNCT
aijbe-867	542	1	(	(	PUNCT
aijbe-867	542	2	no	no	INTJ
aijbe-867	542	3	.	.	NOUN
aijbe-867	542	4	2006	2006	NUM
aijbe-867	542	5	:	:	PUNCT
aijbe-867	543	1	23	23	NUM
aijbe-867	543	2	)	)	PUNCT
aijbe-867	543	3	.	.	PUNCT
aijbe-867	544	1	working	work	VERB
aijbe-867	544	2	paper	paper	NOUN
aijbe-867	544	3	.	.	PUNCT
aijbe-867	545	1	the	the	DET
aijbe-867	545	2	gulf	gulf	PROPN
aijbe-867	545	3	corporation	corporation	PROPN
aijbe-867	545	4	council	council	PROPN
aijbe-867	545	5	countries	country	NOUN
aijbe-867	545	6	?	?	PUNCT
aijbe-867	546	1	akigbo	akigbo	PROPN
aijbe-867	546	2	,	,	PUNCT
aijbe-867	546	3	s.	s.	PROPN
aijbe-867	546	4	(	(	PUNCT
aijbe-867	546	5	2014	2014	NUM
aijbe-867	546	6	)	)	PUNCT
aijbe-867	546	7	.	.	PUNCT
aijbe-867	547	1	macroeconomic	macroeconomic	ADJ
aijbe-867	547	2	uncertainty	uncertainty	NOUN
aijbe-867	547	3	and	and	CCONJ
aijbe-867	547	4	conditional	conditional	ADJ
aijbe-867	547	5	stock	stock	NOUN
aijbe-867	547	6	-	-	PUNCT
aijbe-867	547	7	price	price	NOUN
aijbe-867	547	8	volatility	volatility	NOUN
aijbe-867	547	9	in	in	ADP
aijbe-867	547	10	frontier	frontier	NOUN
aijbe-867	547	11	african	african	ADJ
aijbe-867	547	12	markets	market	NOUN
aijbe-867	547	13	:	:	PUNCT
aijbe-867	547	14	evidence	evidence	NOUN
aijbe-867	547	15	from	from	ADP
aijbe-867	547	16	ghana	ghana	PROPN
aijbe-867	547	17	.	.	PUNCT
aijbe-867	548	1	the	the	DET
aijbe-867	548	2	journal	journal	NOUN
aijbe-867	548	3	of	of	ADP
aijbe-867	548	4	risk	risk	NOUN
aijbe-867	548	5	finance	finance	NOUN
aijbe-867	548	6	,	,	PUNCT
aijbe-867	548	7	10(4	10(4	NUM
aijbe-867	548	8	)	)	PUNCT
aijbe-867	548	9	,	,	PUNCT
aijbe-867	548	10	333349	333349	NUM
aijbe-867	548	11	.	.	PUNCT
aijbe-867	549	1	alamgir	alamgir	PROPN
aijbe-867	549	2	,	,	PUNCT
aijbe-867	549	3	f.	f.	PROPN
aijbe-867	549	4	,	,	PUNCT
aijbe-867	549	5	&	&	CCONJ
aijbe-867	549	6	amin	amin	PROPN
aijbe-867	549	7	,	,	PUNCT
aijbe-867	549	8	s.	s.	PROPN
aijbe-867	549	9	b.	b.	PROPN
aijbe-867	549	10	(	(	PUNCT
aijbe-867	549	11	2021	2021	NUM
aijbe-867	549	12	)	)	PUNCT
aijbe-867	549	13	.	.	PUNCT
aijbe-867	550	1	the	the	DET
aijbe-867	550	2	nexus	nexus	NOUN
aijbe-867	550	3	between	between	ADP
aijbe-867	550	4	oil	oil	NOUN
aijbe-867	550	5	price	price	NOUN
aijbe-867	550	6	and	and	CCONJ
aijbe-867	550	7	stock	stock	NOUN
aijbe-867	550	8	market	market	NOUN
aijbe-867	550	9	:	:	PUNCT
aijbe-867	550	10	evidence	evidence	NOUN
aijbe-867	550	11	from	from	ADP
aijbe-867	550	12	south	south	PROPN
aijbe-867	550	13	asia	asia	PROPN
aijbe-867	550	14	.	.	PUNCT
aijbe-867	551	1	energy	energy	NOUN
aijbe-867	551	2	reports	report	NOUN
aijbe-867	551	3	,	,	PUNCT
aijbe-867	551	4	7	7	NUM
aijbe-867	551	5	,	,	PUNCT
aijbe-867	551	6	693	693	NUM
aijbe-867	551	7	-	-	SYM
aijbe-867	551	8	703	703	NUM
aijbe-867	551	9	.	.	PUNCT
aijbe-867	552	1	alzyoud	alzyoud	PROPN
aijbe-867	552	2	,	,	PUNCT
aijbe-867	552	3	h.	h.	PROPN
aijbe-867	552	4	,	,	PUNCT
aijbe-867	552	5	wang	wang	PROPN
aijbe-867	552	6	,	,	PUNCT
aijbe-867	552	7	e.	e.	PROPN
aijbe-867	552	8	z.	z.	PROPN
aijbe-867	552	9	,	,	PUNCT
aijbe-867	552	10	&	&	CCONJ
aijbe-867	552	11	basso	basso	NOUN
aijbe-867	552	12	,	,	PUNCT
aijbe-867	552	13	m.	m.	NOUN
aijbe-867	552	14	g.	g.	PROPN
aijbe-867	552	15	(	(	PUNCT
aijbe-867	552	16	2018	2018	NUM
aijbe-867	552	17	)	)	PUNCT
aijbe-867	552	18	.	.	PUNCT
aijbe-867	553	1	dynamics	dynamic	NOUN
aijbe-867	553	2	of	of	ADP
aijbe-867	553	3	canadian	canadian	ADJ
aijbe-867	553	4	oil	oil	NOUN
aijbe-867	553	5	price	price	NOUN
aijbe-867	553	6	and	and	CCONJ
aijbe-867	553	7	its	its	PRON
aijbe-867	553	8	impact	impact	NOUN
aijbe-867	553	9	on	on	ADP
aijbe-867	553	10	exchange	exchange	NOUN
aijbe-867	553	11	rate	rate	NOUN
aijbe-867	553	12	and	and	CCONJ
aijbe-867	553	13	stock	stock	NOUN
aijbe-867	553	14	market	market	NOUN
aijbe-867	553	15	.	.	PUNCT
aijbe-867	554	1	international	international	ADJ
aijbe-867	554	2	journal	journal	PROPN
aijbe-867	554	3	of	of	ADP
aijbe-867	554	4	energy	energy	NOUN
aijbe-867	554	5	economics	economic	NOUN
aijbe-867	554	6	and	and	CCONJ
aijbe-867	554	7	policy	policy	NOUN
aijbe-867	554	8	,	,	PUNCT
aijbe-867	554	9	8(3	8(3	NUM
aijbe-867	554	10	)	)	PUNCT
aijbe-867	554	11	,	,	PUNCT
aijbe-867	554	12	107	107	NUM
aijbe-867	554	13	-	-	SYM
aijbe-867	554	14	114	114	NUM
aijbe-867	554	15	.	.	PUNCT
aijbe-867	555	1	arouri	arouri	PROPN
aijbe-867	555	2	,	,	PUNCT
aijbe-867	555	3	m.	m.	NOUN
aijbe-867	555	4	,	,	PUNCT
aijbe-867	555	5	&	&	CCONJ
aijbe-867	555	6	rault	rault	NOUN
aijbe-867	555	7	,	,	PUNCT
aijbe-867	555	8	c.	c.	PROPN
aijbe-867	555	9	(	(	PUNCT
aijbe-867	555	10	2009	2009	NUM
aijbe-867	555	11	)	)	PUNCT
aijbe-867	555	12	.	.	PUNCT
aijbe-867	556	1	on	on	ADP
aijbe-867	556	2	the	the	DET
aijbe-867	556	3	influence	influence	NOUN
aijbe-867	556	4	of	of	ADP
aijbe-867	556	5	oil	oil	NOUN
aijbe-867	556	6	prices	price	NOUN
aijbe-867	556	7	on	on	ADP
aijbe-867	556	8	stock	stock	NOUN
aijbe-867	556	9	markets	market	NOUN
aijbe-867	556	10	:	:	PUNCT
aijbe-867	556	11	evidence	evidence	NOUN
aijbe-867	556	12	from	from	ADP
aijbe-867	556	13	panel	panel	NOUN
aijbe-867	556	14	analysis	analysis	NOUN
aijbe-867	556	15	in	in	ADP
aijbe-867	556	16	gcc	gcc	NOUN
aijbe-867	556	17	countries	country	NOUN
aijbe-867	556	18	.	.	PUNCT
aijbe-867	557	1	ikemenogo	ikemenogo	PROPN
aijbe-867	557	2	,	,	PUNCT
aijbe-867	557	3	eze	eze	PROPN
aijbe-867	557	4	solomon	solomon	PROPN
aijbe-867	557	5	(	(	PUNCT
aijbe-867	557	6	2024	2024	NUM
aijbe-867	557	7	)	)	PUNCT
aijbe-867	557	8	american	american	ADJ
aijbe-867	557	9	interdisciplinary	interdisciplinary	ADJ
aijbe-867	557	10	journal	journal	NOUN
aijbe-867	557	11	of	of	ADP
aijbe-867	557	12	business	business	NOUN
aijbe-867	557	13	and	and	CCONJ
aijbe-867	557	14	economics	economic	NOUN
aijbe-867	557	15	|	|	ADV
aijbe-867	557	16	60	60	NUM
aijbe-867	557	17	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	557	18	arouri	arouri	PROPN
aijbe-867	557	19	,	,	PUNCT
aijbe-867	557	20	m.	m.	NOUN
aijbe-867	557	21	,	,	PUNCT
aijbe-867	557	22	&	&	CCONJ
aijbe-867	557	23	rault	rault	NOUN
aijbe-867	557	24	,	,	PUNCT
aijbe-867	557	25	c.	c.	PROPN
aijbe-867	557	26	(	(	PUNCT
aijbe-867	557	27	2010	2010	NUM
aijbe-867	557	28	)	)	PUNCT
aijbe-867	557	29	.	.	PUNCT
aijbe-867	558	1	oil	oil	NOUN
aijbe-867	558	2	prices	price	NOUN
aijbe-867	558	3	and	and	CCONJ
aijbe-867	558	4	stock	stock	NOUN
aijbe-867	558	5	markets	market	NOUN
aijbe-867	558	6	:	:	PUNCT
aijbe-867	558	7	what	what	PRON
aijbe-867	558	8	drives	drive	VERB
aijbe-867	558	9	what	what	PRON
aijbe-867	558	10	in	in	ADP
aijbe-867	558	11	the	the	DET
aijbe-867	558	12	gulf	gulf	PROPN
aijbe-867	558	13	.	.	PUNCT
aijbe-867	559	1	arouri	arouri	PROPN
aijbe-867	559	2	,	,	PUNCT
aijbe-867	559	3	m.	m.	PROPN
aijbe-867	559	4	e.	e.	PROPN
aijbe-867	559	5	h.	h.	PROPN
aijbe-867	559	6	(	(	PUNCT
aijbe-867	559	7	2011	2011	NUM
aijbe-867	559	8	)	)	PUNCT
aijbe-867	559	9	.	.	PUNCT
aijbe-867	560	1	does	do	VERB
aijbe-867	560	2	crude	crude	ADJ
aijbe-867	560	3	oil	oil	NOUN
aijbe-867	560	4	move	move	NOUN
aijbe-867	560	5	stock	stock	NOUN
aijbe-867	560	6	markets	market	NOUN
aijbe-867	560	7	in	in	ADP
aijbe-867	560	8	europe	europe	PROPN
aijbe-867	560	9	?	?	PUNCT
aijbe-867	561	1	a	a	DET
aijbe-867	561	2	sector	sector	NOUN
aijbe-867	561	3	investigation	investigation	NOUN
aijbe-867	561	4	.	.	PUNCT
aijbe-867	562	1	economic	economic	ADJ
aijbe-867	562	2	modelling	modelling	NOUN
aijbe-867	562	3	,	,	PUNCT
aijbe-867	562	4	28(4	28(4	NUM
aijbe-867	562	5	)	)	PUNCT
aijbe-867	562	6	,	,	PUNCT
aijbe-867	562	7	1716	1716	NUM
aijbe-867	562	8	-	-	SYM
aijbe-867	562	9	1725	1725	NUM
aijbe-867	562	10	.	.	PUNCT
aijbe-867	563	1	ashamu	ashamu	PROPN
aijbe-867	563	2	,	,	PUNCT
aijbe-867	563	3	s.	s.	PROPN
aijbe-867	563	4	o.	o.	PROPN
aijbe-867	563	5	,	,	PUNCT
aijbe-867	563	6	adeniyi	adeniyi	ADV
aijbe-867	563	7	,	,	PUNCT
aijbe-867	563	8	o.	o.	PROPN
aijbe-867	563	9	,	,	PUNCT
aijbe-867	563	10	&	&	CCONJ
aijbe-867	563	11	kumeka	kumeka	PROPN
aijbe-867	563	12	,	,	PUNCT
aijbe-867	563	13	t.	t.	PROPN
aijbe-867	563	14	(	(	PUNCT
aijbe-867	563	15	2017	2017	NUM
aijbe-867	563	16	)	)	PUNCT
aijbe-867	563	17	.	.	PUNCT
aijbe-867	564	1	the	the	DET
aijbe-867	564	2	effects	effect	NOUN
aijbe-867	564	3	of	of	ADP
aijbe-867	564	4	oil	oil	NOUN
aijbe-867	564	5	price	price	NOUN
aijbe-867	564	6	volatility	volatility	NOUN
aijbe-867	564	7	on	on	ADP
aijbe-867	564	8	selected	select	VERB
aijbe-867	564	9	banking	banking	NOUN
aijbe-867	564	10	stock	stock	NOUN
aijbe-867	564	11	prices	price	NOUN
aijbe-867	564	12	in	in	ADP
aijbe-867	564	13	nigeria	nigeria	PROPN
aijbe-867	564	14	.	.	PUNCT
aijbe-867	565	1	ndic	ndic	ADJ
aijbe-867	565	2	quarterly	quarterly	PROPN
aijbe-867	565	3	,	,	PUNCT
aijbe-867	565	4	32(34	32(34	NUM
aijbe-867	565	5	)	)	PUNCT
aijbe-867	565	6	,	,	PUNCT
aijbe-867	565	7	35	35	NUM
aijbe-867	565	8	-	-	SYM
aijbe-867	565	9	53	53	NUM
aijbe-867	565	10	.	.	PUNCT
aijbe-867	566	1	atoi	atoi	PROPN
aijbe-867	566	2	,	,	PUNCT
aijbe-867	566	3	n.	n.	PROPN
aijbe-867	566	4	v.	v.	PROPN
aijbe-867	566	5	(	(	PUNCT
aijbe-867	566	6	2014	2014	NUM
aijbe-867	566	7	)	)	PUNCT
aijbe-867	566	8	.	.	PUNCT
aijbe-867	567	1	testing	test	VERB
aijbe-867	567	2	volatility	volatility	NOUN
aijbe-867	567	3	in	in	ADP
aijbe-867	567	4	nigeria	nigeria	PROPN
aijbe-867	567	5	stock	stock	NOUN
aijbe-867	567	6	market	market	NOUN
aijbe-867	567	7	using	use	VERB
aijbe-867	567	8	garch	garch	NOUN
aijbe-867	567	9	models	model	NOUN
aijbe-867	567	10	.	.	PUNCT
aijbe-867	568	1	cbn	cbn	PROPN
aijbe-867	568	2	journal	journal	PROPN
aijbe-867	568	3	of	of	ADP
aijbe-867	568	4	applied	apply	VERB
aijbe-867	568	5	statistics	statistic	NOUN
aijbe-867	568	6	(	(	PUNCT
aijbe-867	568	7	jas	jas	PROPN
aijbe-867	568	8	)	)	PUNCT
aijbe-867	568	9	,	,	PUNCT
aijbe-867	568	10	5(2	5(2	NUM
aijbe-867	568	11	)	)	PUNCT
aijbe-867	568	12	,	,	PUNCT
aijbe-867	568	13	4	4	X
aijbe-867	568	14	.	.	PUNCT
aijbe-867	569	1	babatunde	babatunde	NOUN
aijbe-867	569	2	,	,	PUNCT
aijbe-867	569	3	o.	o.	NOUN
aijbe-867	569	4	a.	a.	NOUN
aijbe-867	569	5	(	(	PUNCT
aijbe-867	569	6	2013	2013	NUM
aijbe-867	569	7	)	)	PUNCT
aijbe-867	569	8	.	.	PUNCT
aijbe-867	570	1	stock	stock	NOUN
aijbe-867	570	2	market	market	NOUN
aijbe-867	570	3	volatility	volatility	NOUN
aijbe-867	570	4	and	and	CCONJ
aijbe-867	570	5	economic	economic	ADJ
aijbe-867	570	6	growth	growth	NOUN
aijbe-867	570	7	in	in	ADP
aijbe-867	570	8	nigeria	nigeria	PROPN
aijbe-867	570	9	(	(	PUNCT
aijbe-867	570	10	1980	1980	NUM
aijbe-867	570	11	-	-	SYM
aijbe-867	570	12	2010	2010	NUM
aijbe-867	570	13	)	)	PUNCT
aijbe-867	570	14	.	.	PUNCT
aijbe-867	571	1	international	international	ADJ
aijbe-867	571	2	review	review	NOUN
aijbe-867	571	3	of	of	ADP
aijbe-867	571	4	management	management	NOUN
aijbe-867	571	5	and	and	CCONJ
aijbe-867	571	6	business	business	NOUN
aijbe-867	571	7	research	research	NOUN
aijbe-867	571	8	,	,	PUNCT
aijbe-867	571	9	2(1	2(1	NUM
aijbe-867	571	10	)	)	PUNCT
aijbe-867	571	11	,	,	PUNCT
aijbe-867	571	12	201	201	NUM
aijbe-867	571	13	-	-	SYM
aijbe-867	571	14	209	209	NUM
aijbe-867	571	15	.	.	PUNCT
aijbe-867	572	1	basher	basher	NOUN
aijbe-867	572	2	s.	s.	PROPN
aijbe-867	572	3	a.	a.	PROPN
aijbe-867	572	4	,	,	PUNCT
aijbe-867	572	5	haug	haug	NOUN
aijbe-867	572	6	,	,	PUNCT
aijbe-867	572	7	a.	a.	NOUN
aijbe-867	572	8	a.	a.	PROPN
aijbe-867	572	9	,	,	PUNCT
aijbe-867	572	10	&	&	CCONJ
aijbe-867	572	11	sadorsky	sadorsky	PROPN
aijbe-867	572	12	,	,	PUNCT
aijbe-867	572	13	p.	p.	NOUN
aijbe-867	572	14	(	(	PUNCT
aijbe-867	572	15	2012	2012	NUM
aijbe-867	572	16	)	)	PUNCT
aijbe-867	572	17	.	.	PUNCT
aijbe-867	573	1	oil	oil	NOUN
aijbe-867	573	2	prices	price	NOUN
aijbe-867	573	3	,	,	PUNCT
aijbe-867	573	4	exchange	exchange	NOUN
aijbe-867	573	5	rates	rate	NOUN
aijbe-867	573	6	and	and	CCONJ
aijbe-867	573	7	emerging	emerge	VERB
aijbe-867	573	8	stock	stock	NOUN
aijbe-867	573	9	markets	market	NOUN
aijbe-867	573	10	.	.	PUNCT
aijbe-867	574	1	briggs	briggs	PROPN
aijbe-867	574	2	,	,	PUNCT
aijbe-867	574	3	a.	a.	NOUN
aijbe-867	574	4	p.	p.	NOUN
aijbe-867	574	5	(	(	PUNCT
aijbe-867	574	6	2015	2015	NUM
aijbe-867	574	7	)	)	PUNCT
aijbe-867	574	8	.	.	PUNCT
aijbe-867	575	1	stock	stock	NOUN
aijbe-867	575	2	market	market	NOUN
aijbe-867	575	3	and	and	CCONJ
aijbe-867	575	4	economic	economic	ADJ
aijbe-867	575	5	growth	growth	NOUN
aijbe-867	575	6	of	of	ADP
aijbe-867	575	7	nigeria	nigeria	PROPN
aijbe-867	575	8	.	.	PUNCT
aijbe-867	576	1	research	research	NOUN
aijbe-867	576	2	journal	journal	PROPN
aijbe-867	576	3	of	of	ADP
aijbe-867	576	4	finance	finance	NOUN
aijbe-867	576	5	and	and	CCONJ
aijbe-867	576	6	accounting	accounting	NOUN
aijbe-867	576	7	;	;	PUNCT
aijbe-867	576	8	vol.6	vol.6	NUM
aijbe-867	576	9	,	,	PUNCT
aijbe-867	576	10	no.9	no.9	PROPN
aijbe-867	576	11	,	,	PUNCT
aijbe-867	576	12	2015	2015	NUM
aijbe-867	576	13	.	.	PUNCT
aijbe-867	577	1	basher	basher	NOUN
aijbe-867	577	2	,	,	PUNCT
aijbe-867	577	3	s.	s.	PROPN
aijbe-867	577	4	a.	a.	PROPN
aijbe-867	577	5	,	,	PUNCT
aijbe-867	577	6	&	&	CCONJ
aijbe-867	577	7	sadorsky	sadorsky	PROPN
aijbe-867	577	8	,	,	PUNCT
aijbe-867	577	9	p.	p.	NOUN
aijbe-867	577	10	(	(	PUNCT
aijbe-867	577	11	2006	2006	NUM
aijbe-867	577	12	)	)	PUNCT
aijbe-867	577	13	.	.	PUNCT
aijbe-867	578	1	oil	oil	NOUN
aijbe-867	578	2	price	price	NOUN
aijbe-867	578	3	risk	risk	NOUN
aijbe-867	578	4	and	and	CCONJ
aijbe-867	578	5	emerging	emerge	VERB
aijbe-867	578	6	stock	stock	NOUN
aijbe-867	578	7	markets	market	NOUN
aijbe-867	578	8	.	.	PUNCT
aijbe-867	579	1	global	global	ADJ
aijbe-867	579	2	finance	finance	PROPN
aijbe-867	579	3	journal	journal	PROPN
aijbe-867	579	4	,	,	PUNCT
aijbe-867	579	5	17(2	17(2	NUM
aijbe-867	579	6	)	)	PUNCT
aijbe-867	579	7	,	,	PUNCT
aijbe-867	579	8	224	224	NUM
aijbe-867	579	9	-	-	SYM
aijbe-867	579	10	251	251	NUM
aijbe-867	579	11	.	.	PUNCT
aijbe-867	580	1	boyer	boyer	PROPN
aijbe-867	580	2	,	,	PUNCT
aijbe-867	580	3	m.	m.	NOUN
aijbe-867	580	4	m.	m.	NOUN
aijbe-867	580	5	,	,	PUNCT
aijbe-867	580	6	&	&	CCONJ
aijbe-867	580	7	filion	filion	NOUN
aijbe-867	580	8	,	,	PUNCT
aijbe-867	580	9	d.	d.	PROPN
aijbe-867	580	10	(	(	PUNCT
aijbe-867	580	11	2007	2007	NUM
aijbe-867	580	12	)	)	PUNCT
aijbe-867	580	13	.	.	PUNCT
aijbe-867	581	1	common	common	ADJ
aijbe-867	581	2	and	and	CCONJ
aijbe-867	581	3	fundamental	fundamental	ADJ
aijbe-867	581	4	factors	factor	NOUN
aijbe-867	581	5	in	in	ADP
aijbe-867	581	6	stock	stock	NOUN
aijbe-867	581	7	returns	return	NOUN
aijbe-867	581	8	of	of	ADP
aijbe-867	581	9	canadian	canadian	ADJ
aijbe-867	581	10	oil	oil	NOUN
aijbe-867	581	11	and	and	CCONJ
aijbe-867	581	12	gas	gas	NOUN
aijbe-867	581	13	companies	company	NOUN
aijbe-867	581	14	.	.	PUNCT
aijbe-867	582	1	energy	energy	NOUN
aijbe-867	582	2	economics	economic	NOUN
aijbe-867	582	3	,	,	PUNCT
aijbe-867	582	4	29(3	29(3	NUM
aijbe-867	582	5	)	)	PUNCT
aijbe-867	582	6	,	,	PUNCT
aijbe-867	582	7	428	428	NUM
aijbe-867	582	8	-	-	SYM
aijbe-867	582	9	453	453	NUM
aijbe-867	582	10	.	.	PUNCT
aijbe-867	582	11	brown	brown	PROPN
aijbe-867	582	12	,	,	PUNCT
aijbe-867	582	13	s.	s.	PROPN
aijbe-867	582	14	p.	p.	PROPN
aijbe-867	582	15	,	,	PUNCT
aijbe-867	582	16	&	&	CCONJ
aijbe-867	582	17	yucel	yucel	PROPN
aijbe-867	582	18	,	,	PUNCT
aijbe-867	582	19	m.	m.	PROPN
aijbe-867	582	20	k.	k.	PROPN
aijbe-867	582	21	(	(	PUNCT
aijbe-867	582	22	2002	2002	NUM
aijbe-867	582	23	)	)	PUNCT
aijbe-867	582	24	.	.	PUNCT
aijbe-867	583	1	energy	energy	NOUN
aijbe-867	583	2	prices	price	NOUN
aijbe-867	583	3	and	and	CCONJ
aijbe-867	583	4	aggregate	aggregate	VERB
aijbe-867	583	5	economic	economic	ADJ
aijbe-867	583	6	activity	activity	NOUN
aijbe-867	583	7	:	:	PUNCT
aijbe-867	583	8	an	an	DET
aijbe-867	583	9	interpretative	interpretative	ADJ
aijbe-867	583	10	survey	survey	NOUN
aijbe-867	583	11	.	.	PUNCT
aijbe-867	584	1	the	the	DET
aijbe-867	584	2	quarterly	quarterly	ADJ
aijbe-867	584	3	review	review	NOUN
aijbe-867	584	4	of	of	ADP
aijbe-867	584	5	economics	economic	NOUN
aijbe-867	584	6	and	and	CCONJ
aijbe-867	584	7	finance	finance	NOUN
aijbe-867	584	8	,	,	PUNCT
aijbe-867	584	9	42(2	42(2	PROPN
aijbe-867	584	10	)	)	PUNCT
aijbe-867	584	11	,	,	PUNCT
aijbe-867	584	12	193	193	NUM
aijbe-867	584	13	-	-	SYM
aijbe-867	584	14	208	208	NUM
aijbe-867	584	15	.	.	PUNCT
aijbe-867	585	1	cong	cong	PROPN
aijbe-867	585	2	,	,	PUNCT
aijbe-867	585	3	r.	r.	PROPN
aijbe-867	585	4	g.	g.	PROPN
aijbe-867	585	5	,	,	PUNCT
aijbe-867	585	6	wei	wei	PROPN
aijbe-867	585	7	,	,	PUNCT
aijbe-867	585	8	y.	y.	PROPN
aijbe-867	585	9	m.	m.	PROPN
aijbe-867	585	10	,	,	PUNCT
aijbe-867	585	11	jiao	jiao	PROPN
aijbe-867	585	12	,	,	PUNCT
aijbe-867	585	13	j.	j.	PROPN
aijbe-867	585	14	l.	l.	PROPN
aijbe-867	585	15	,	,	PUNCT
aijbe-867	585	16	&	&	CCONJ
aijbe-867	585	17	fan	fan	PROPN
aijbe-867	585	18	,	,	PUNCT
aijbe-867	585	19	y.	y.	PROPN
aijbe-867	585	20	(	(	PUNCT
aijbe-867	585	21	2008	2008	NUM
aijbe-867	585	22	)	)	PUNCT
aijbe-867	585	23	.	.	PUNCT
aijbe-867	586	1	relationships	relationship	NOUN
aijbe-867	586	2	between	between	ADP
aijbe-867	586	3	oil	oil	NOUN
aijbe-867	586	4	price	price	NOUN
aijbe-867	586	5	shocks	shock	NOUN
aijbe-867	586	6	and	and	CCONJ
aijbe-867	586	7	stock	stock	NOUN
aijbe-867	586	8	market	market	NOUN
aijbe-867	586	9	:	:	PUNCT
aijbe-867	586	10	an	an	DET
aijbe-867	586	11	empirical	empirical	ADJ
aijbe-867	586	12	analysis	analysis	NOUN
aijbe-867	586	13	from	from	ADP
aijbe-867	586	14	china	china	PROPN
aijbe-867	586	15	.	.	PUNCT
aijbe-867	587	1	energy	energy	NOUN
aijbe-867	587	2	policy	policy	NOUN
aijbe-867	587	3	,	,	PUNCT
aijbe-867	587	4	36(9	36(9	NUM
aijbe-867	587	5	)	)	PUNCT
aijbe-867	587	6	,	,	PUNCT
aijbe-867	587	7	3544	3544	NUM
aijbe-867	587	8	-	-	SYM
aijbe-867	587	9	3553	3553	NUM
aijbe-867	587	10	.	.	PUNCT
aijbe-867	588	1	degiannakis	degiannakis	PROPN
aijbe-867	588	2	,	,	PUNCT
aijbe-867	588	3	s.	s.	PROPN
aijbe-867	588	4	,	,	PUNCT
aijbe-867	588	5	filis	filis	PROPN
aijbe-867	588	6	,	,	PUNCT
aijbe-867	588	7	g.	g.	PROPN
aijbe-867	588	8	,	,	PUNCT
aijbe-867	588	9	&	&	CCONJ
aijbe-867	588	10	arora	arora	PROPN
aijbe-867	588	11	,	,	PUNCT
aijbe-867	588	12	v.	v.	PROPN
aijbe-867	588	13	(	(	PUNCT
aijbe-867	588	14	2018	2018	NUM
aijbe-867	588	15	)	)	PUNCT
aijbe-867	588	16	.	.	PUNCT
aijbe-867	589	1	oil	oil	NOUN
aijbe-867	589	2	prices	price	NOUN
aijbe-867	589	3	and	and	CCONJ
aijbe-867	589	4	stock	stock	NOUN
aijbe-867	589	5	markets	market	NOUN
aijbe-867	589	6	:	:	PUNCT
aijbe-867	589	7	a	a	DET
aijbe-867	589	8	review	review	NOUN
aijbe-867	589	9	of	of	ADP
aijbe-867	589	10	the	the	DET
aijbe-867	589	11	theory	theory	NOUN
aijbe-867	589	12	and	and	CCONJ
aijbe-867	589	13	empirical	empirical	ADJ
aijbe-867	589	14	evidence	evidence	NOUN
aijbe-867	589	15	.	.	PUNCT
aijbe-867	590	1	energy	energy	NOUN
aijbe-867	590	2	journal	journal	NOUN
aijbe-867	590	3	,	,	PUNCT
aijbe-867	590	4	39(5	39(5	NUM
aijbe-867	590	5	)	)	PUNCT
aijbe-867	590	6	.	.	PUNCT
aijbe-867	591	1	erdem	erdem	PROPN
aijbe-867	591	2	,	,	PUNCT
aijbe-867	591	3	e.	e.	PROPN
aijbe-867	591	4	,	,	PUNCT
aijbe-867	591	5	gozbasi	gozbasi	PROPN
aijbe-867	591	6	,	,	PUNCT
aijbe-867	591	7	o.	o.	PROPN
aijbe-867	591	8	,	,	PUNCT
aijbe-867	591	9	ilgun	ilgun	NOUN
aijbe-867	591	10	,	,	PUNCT
aijbe-867	591	11	m.	m.	NOUN
aijbe-867	591	12	f.	f.	PROPN
aijbe-867	591	13	,	,	PUNCT
aijbe-867	591	14	&	&	CCONJ
aijbe-867	591	15	nazlioglu	nazlioglu	PROPN
aijbe-867	591	16	,	,	PUNCT
aijbe-867	591	17	s.	s.	PROPN
aijbe-867	591	18	(	(	PUNCT
aijbe-867	591	19	2010	2010	NUM
aijbe-867	591	20	)	)	PUNCT
aijbe-867	591	21	.	.	PUNCT
aijbe-867	592	1	stock	stock	NOUN
aijbe-867	592	2	market	market	NOUN
aijbe-867	592	3	and	and	CCONJ
aijbe-867	592	4	economic	economic	ADJ
aijbe-867	592	5	growth	growth	NOUN
aijbe-867	592	6	nexus	nexus	NOUN
aijbe-867	592	7	in	in	ADP
aijbe-867	592	8	emerging	emerge	VERB
aijbe-867	592	9	markets	market	NOUN
aijbe-867	592	10	:	:	PUNCT
aijbe-867	592	11	cointegration	cointegration	NOUN
aijbe-867	592	12	and	and	CCONJ
aijbe-867	592	13	causality	causality	NOUN
aijbe-867	592	14	analysis	analysis	NOUN
aijbe-867	592	15	.	.	PUNCT
aijbe-867	593	1	international	international	ADJ
aijbe-867	593	2	journal	journal	PROPN
aijbe-867	593	3	of	of	ADP
aijbe-867	593	4	business	business	NOUN
aijbe-867	593	5	forecasting	forecasting	NOUN
aijbe-867	593	6	and	and	CCONJ
aijbe-867	593	7	marketing	marketing	NOUN
aijbe-867	593	8	intelligence	intelligence	NOUN
aijbe-867	593	9	,	,	PUNCT
aijbe-867	593	10	1(3	1(3	NUM
aijbe-867	593	11	-	-	SYM
aijbe-867	593	12	4	4	NUM
aijbe-867	593	13	)	)	PUNCT
aijbe-867	593	14	,	,	PUNCT
aijbe-867	593	15	262	262	NUM
aijbe-867	593	16	-	-	SYM
aijbe-867	593	17	274	274	NUM
aijbe-867	593	18	.	.	PUNCT
aijbe-867	594	1	fowowe	fowowe	PROPN
aijbe-867	594	2	,	,	PUNCT
aijbe-867	594	3	b.	b.	PROPN
aijbe-867	594	4	(	(	PUNCT
aijbe-867	594	5	2013	2013	NUM
aijbe-867	594	6	)	)	PUNCT
aijbe-867	594	7	.	.	PUNCT
aijbe-867	595	1	jump	jump	NOUN
aijbe-867	595	2	dynamics	dynamic	NOUN
aijbe-867	595	3	in	in	ADP
aijbe-867	595	4	the	the	DET
aijbe-867	595	5	relationship	relationship	NOUN
aijbe-867	595	6	between	between	ADP
aijbe-867	595	7	oil	oil	NOUN
aijbe-867	595	8	prices	price	NOUN
aijbe-867	595	9	and	and	CCONJ
aijbe-867	595	10	the	the	DET
aijbe-867	595	11	stock	stock	NOUN
aijbe-867	595	12	market	market	NOUN
aijbe-867	595	13	:	:	PUNCT
aijbe-867	595	14	evidence	evidence	NOUN
aijbe-867	595	15	from	from	ADP
aijbe-867	595	16	nigeria	nigeria	PROPN
aijbe-867	595	17	.	.	PUNCT
aijbe-867	596	1	energy	energy	NOUN
aijbe-867	596	2	,	,	PUNCT
aijbe-867	596	3	56	56	NUM
aijbe-867	596	4	,	,	PUNCT
aijbe-867	596	5	31	31	NUM
aijbe-867	596	6	38	38	NUM
aijbe-867	596	7	.	.	PUNCT
aijbe-867	597	1	granger	granger	PROPN
aijbe-867	597	2	,	,	PUNCT
aijbe-867	597	3	c.	c.	PROPN
aijbe-867	597	4	w.	w.	PROPN
aijbe-867	597	5	,	,	PUNCT
aijbe-867	597	6	&	&	CCONJ
aijbe-867	597	7	newbold	newbold	PROPN
aijbe-867	597	8	,	,	PUNCT
aijbe-867	597	9	p.	p.	NOUN
aijbe-867	597	10	(	(	PUNCT
aijbe-867	597	11	1974	1974	NUM
aijbe-867	597	12	)	)	PUNCT
aijbe-867	597	13	.	.	PUNCT
aijbe-867	598	1	spurious	spurious	ADJ
aijbe-867	598	2	regressions	regression	NOUN
aijbe-867	598	3	in	in	ADP
aijbe-867	598	4	econometrics	econometric	NOUN
aijbe-867	598	5	.	.	PUNCT
aijbe-867	599	1	journal	journal	PROPN
aijbe-867	599	2	of	of	ADP
aijbe-867	599	3	econometrics	econometric	NOUN
aijbe-867	599	4	,	,	PUNCT
aijbe-867	599	5	2(2	2(2	NUM
aijbe-867	599	6	)	)	PUNCT
aijbe-867	599	7	,	,	PUNCT
aijbe-867	599	8	111	111	NUM
aijbe-867	599	9	-	-	SYM
aijbe-867	599	10	120	120	NUM
aijbe-867	599	11	.	.	PUNCT
aijbe-867	599	12	ikemenogo	ikemenogo	PROPN
aijbe-867	599	13	,	,	PUNCT
aijbe-867	599	14	eze	eze	PROPN
aijbe-867	599	15	solomon	solomon	PROPN
aijbe-867	599	16	(	(	PUNCT
aijbe-867	599	17	2024	2024	NUM
aijbe-867	599	18	)	)	PUNCT
aijbe-867	599	19	american	american	ADJ
aijbe-867	599	20	interdisciplinary	interdisciplinary	ADJ
aijbe-867	599	21	journal	journal	NOUN
aijbe-867	599	22	of	of	ADP
aijbe-867	599	23	business	business	NOUN
aijbe-867	599	24	and	and	CCONJ
aijbe-867	599	25	economics	economic	NOUN
aijbe-867	599	26	|	|	ADV
aijbe-867	599	27	61	61	NUM
aijbe-867	599	28	https://sadijournals.org/index.php/aijbe	https://sadijournals.org/index.php/aijbe	NOUN
aijbe-867	599	29	hamilton	hamilton	PROPN
aijbe-867	599	30	,	,	PUNCT
aijbe-867	599	31	j.	j.	PROPN
aijbe-867	599	32	d.	d.	PROPN
aijbe-867	599	33	(	(	PUNCT
aijbe-867	599	34	1983	1983	NUM
aijbe-867	599	35	)	)	PUNCT
aijbe-867	599	36	.	.	PUNCT
aijbe-867	600	1	oil	oil	NOUN
aijbe-867	600	2	and	and	CCONJ
aijbe-867	600	3	the	the	DET
aijbe-867	600	4	macroeconomy	macroeconomy	NOUN
aijbe-867	600	5	since	since	SCONJ
aijbe-867	600	6	world	world	PROPN
aijbe-867	600	7	war	war	PROPN
aijbe-867	600	8	ii	ii	PROPN
aijbe-867	600	9	.	.	PUNCT
aijbe-867	600	10	journal	journal	PROPN
aijbe-867	600	11	of	of	ADP
aijbe-867	600	12	political	political	ADJ
aijbe-867	600	13	economy	economy	NOUN
aijbe-867	600	14	,	,	PUNCT
aijbe-867	600	15	91(2	91(2	NUM
aijbe-867	600	16	)	)	PUNCT
aijbe-867	600	17	,	,	PUNCT
aijbe-867	600	18	228	228	NUM
aijbe-867	600	19	-	-	SYM
aijbe-867	600	20	248	248	NUM
aijbe-867	600	21	.	.	PUNCT
aijbe-867	601	1	hamilton	hamilton	PROPN
aijbe-867	601	2	,	,	PUNCT
aijbe-867	601	3	j.	j.	PROPN
aijbe-867	601	4	d.	d.	PROPN
aijbe-867	601	5	(	(	PUNCT
aijbe-867	601	6	2009	2009	NUM
aijbe-867	601	7	)	)	PUNCT
aijbe-867	601	8	.	.	PUNCT
aijbe-867	602	1	causes	cause	NOUN
aijbe-867	602	2	and	and	CCONJ
aijbe-867	602	3	consequences	consequence	NOUN
aijbe-867	602	4	of	of	ADP
aijbe-867	602	5	the	the	DET
aijbe-867	602	6	oil	oil	NOUN
aijbe-867	602	7	shock	shock	NOUN
aijbe-867	602	8	of	of	ADP
aijbe-867	602	9	2007	2007	NUM
aijbe-867	602	10	-	-	SYM
aijbe-867	602	11	08	08	NUM
aijbe-867	602	12	(	(	PUNCT
aijbe-867	602	13	no	no	NOUN
aijbe-867	602	14	.	.	PUNCT
aijbe-867	602	15	w15002	w15002	NOUN
aijbe-867	602	16	)	)	PUNCT
aijbe-867	602	17	.	.	PUNCT
aijbe-867	603	1	national	national	PROPN
aijbe-867	603	2	bureau	bureau	PROPN
aijbe-867	603	3	of	of	ADP
aijbe-867	603	4	economic	economic	ADJ
aijbe-867	603	5	research	research	NOUN
aijbe-867	603	6	.	.	PUNCT
aijbe-867	604	1	iyoha	iyoha	PROPN
aijbe-867	604	2	,	,	PUNCT
aijbe-867	604	3	o.	o.	NOUN
aijbe-867	604	4	m.	m.	NOUN
aijbe-867	604	5	(	(	PUNCT
aijbe-867	604	6	2017	2017	NUM
aijbe-867	604	7	)	)	PUNCT
aijbe-867	604	8	.	.	PUNCT
aijbe-867	605	1	oil	oil	NOUN
aijbe-867	605	2	price	price	NOUN
aijbe-867	605	3	volatility	volatility	NOUN
aijbe-867	605	4	,	,	PUNCT
aijbe-867	605	5	exchange	exchange	NOUN
aijbe-867	605	6	rate	rate	NOUN
aijbe-867	605	7	movements	movement	NOUN
aijbe-867	605	8	and	and	CCONJ
aijbe-867	605	9	stock	stock	NOUN
aijbe-867	605	10	market	market	NOUN
aijbe-867	605	11	reaction	reaction	NOUN
aijbe-867	605	12	:	:	PUNCT
aijbe-867	605	13	the	the	DET
aijbe-867	605	14	nigerian	nigerian	ADJ
aijbe-867	605	15	experience	experience	NOUN
aijbe-867	605	16	(	(	PUNCT
aijbe-867	605	17	1985	1985	NUM
aijbe-867	605	18	-	-	SYM
aijbe-867	605	19	2017	2017	NUM
aijbe-867	605	20	)	)	PUNCT
aijbe-867	605	21	.	.	PUNCT
aijbe-867	606	1	american	american	PROPN
aijbe-867	606	2	finance	finance	PROPN
aijbe-867	606	3	&	&	CCONJ
aijbe-867	606	4	banking	banking	PROPN
aijbe-867	606	5	review	review	PROPN
aijbe-867	606	6	,	,	PUNCT
aijbe-867	606	7	3(1	3(1	NUM
aijbe-867	606	8	)	)	PUNCT
aijbe-867	606	9	,	,	PUNCT
aijbe-867	606	10	12	12	NUM
aijbe-867	606	11	-	-	SYM
aijbe-867	606	12	25	25	NUM
aijbe-867	606	13	kilian	kilian	PROPN
aijbe-867	606	14	,	,	PUNCT
aijbe-867	606	15	l.	l.	PROPN
aijbe-867	606	16	(	(	PUNCT
aijbe-867	606	17	2009	2009	NUM
aijbe-867	606	18	)	)	PUNCT
aijbe-867	606	19	.	.	PUNCT
aijbe-867	607	1	not	not	PART
aijbe-867	607	2	all	all	DET
aijbe-867	607	3	oil	oil	NOUN
aijbe-867	607	4	price	price	NOUN
aijbe-867	607	5	shocks	shock	NOUN
aijbe-867	607	6	are	be	AUX
aijbe-867	607	7	alike	alike	ADV
aijbe-867	607	8	:	:	PUNCT
aijbe-867	607	9	disentangling	disentangle	VERB
aijbe-867	607	10	demand	demand	NOUN
aijbe-867	607	11	and	and	CCONJ
aijbe-867	607	12	supply	supply	NOUN
aijbe-867	607	13	shocks	shock	NOUN
aijbe-867	607	14	in	in	ADP
aijbe-867	607	15	the	the	DET
aijbe-867	607	16	crude	crude	ADJ
aijbe-867	607	17	oil	oil	NOUN
aijbe-867	607	18	market	market	NOUN
aijbe-867	607	19	.	.	PUNCT
aijbe-867	608	1	american	american	PROPN
aijbe-867	608	2	economic	economic	PROPN
aijbe-867	608	3	review	review	PROPN
aijbe-867	608	4	,	,	PUNCT
aijbe-867	608	5	99(3	99(3	NUM
aijbe-867	608	6	)	)	PUNCT
aijbe-867	608	7	,	,	PUNCT
aijbe-867	608	8	1053	1053	NUM
aijbe-867	608	9	-	-	SYM
aijbe-867	608	10	1069	1069	NUM
aijbe-867	608	11	.	.	PUNCT
aijbe-867	609	1	kumar	kumar	PROPN
aijbe-867	609	2	,	,	PUNCT
aijbe-867	609	3	b.	b.	PROPN
aijbe-867	609	4	r.	r.	PROPN
aijbe-867	609	5	(	(	PUNCT
aijbe-867	609	6	2014	2014	NUM
aijbe-867	609	7	)	)	PUNCT
aijbe-867	609	8	.	.	PUNCT
aijbe-867	610	1	study	study	NOUN
aijbe-867	610	2	on	on	ADP
aijbe-867	610	3	dynamic	dynamic	ADJ
aijbe-867	610	4	relationship	relationship	NOUN
aijbe-867	610	5	among	among	ADP
aijbe-867	610	6	gold	gold	NOUN
aijbe-867	610	7	price	price	NOUN
aijbe-867	610	8	,	,	PUNCT
aijbe-867	610	9	oil	oil	NOUN
aijbe-867	610	10	price	price	NOUN
aijbe-867	610	11	,	,	PUNCT
aijbe-867	610	12	exchange	exchange	NOUN
aijbe-867	610	13	rate	rate	NOUN
aijbe-867	610	14	and	and	CCONJ
aijbe-867	610	15	stock	stock	NOUN
aijbe-867	610	16	market	market	NOUN
aijbe-867	610	17	returns	return	NOUN
aijbe-867	610	18	.	.	PUNCT
aijbe-867	611	1	international	international	ADJ
aijbe-867	611	2	journal	journal	PROPN
aijbe-867	611	3	of	of	ADP
aijbe-867	611	4	applied	apply	VERB
aijbe-867	611	5	business	business	NOUN
aijbe-867	611	6	and	and	CCONJ
aijbe-867	611	7	economic	economic	ADJ
aijbe-867	611	8	research	research	NOUN
aijbe-867	611	9	,	,	PUNCT
aijbe-867	611	10	9(2	9(2	NUM
aijbe-867	611	11	)	)	PUNCT
aijbe-867	611	12	,	,	PUNCT
aijbe-867	611	13	145	145	NUM
aijbe-867	611	14	-	-	SYM
aijbe-867	611	15	165	165	NUM
aijbe-867	611	16	.	.	PUNCT
aijbe-867	612	1	ndlovu	ndlovu	PROPN
aijbe-867	612	2	,	,	PUNCT
aijbe-867	612	3	i.	i.	NOUN
aijbe-867	612	4	(	(	PUNCT
aijbe-867	612	5	2019	2019	NUM
aijbe-867	612	6	)	)	PUNCT
aijbe-867	612	7	.	.	PUNCT
aijbe-867	613	1	commodity	commodity	NOUN
aijbe-867	613	2	price	price	NOUN
aijbe-867	613	3	volatility	volatility	NOUN
aijbe-867	613	4	,	,	PUNCT
aijbe-867	613	5	stock	stock	NOUN
aijbe-867	613	6	market	market	NOUN
aijbe-867	613	7	performance	performance	NOUN
aijbe-867	613	8	and	and	CCONJ
aijbe-867	613	9	economic	economic	ADJ
aijbe-867	613	10	growth	growth	NOUN
aijbe-867	613	11	:	:	PUNCT
aijbe-867	613	12	evidence	evidence	NOUN
aijbe-867	613	13	from	from	ADP
aijbe-867	613	14	brics	bric	NOUN
aijbe-867	613	15	countries	country	NOUN
aijbe-867	613	16	(	(	PUNCT
aijbe-867	613	17	doctoral	doctoral	ADJ
aijbe-867	613	18	dissertation	dissertation	NOUN
aijbe-867	613	19	)	)	PUNCT
aijbe-867	613	20	.	.	PUNCT
aijbe-867	614	1	olayungbo	olayungbo	PROPN
aijbe-867	614	2	,	,	PUNCT
aijbe-867	614	3	d.	d.	PROPN
aijbe-867	614	4	o.	o.	PROPN
aijbe-867	614	5	,	,	PUNCT
aijbe-867	614	6	&	&	CCONJ
aijbe-867	614	7	ojeyinka	ojeyinka	ADJ
aijbe-867	614	8	,	,	PUNCT
aijbe-867	614	9	t.	t.	NOUN
aijbe-867	614	10	a.	a.	NOUN
aijbe-867	614	11	(	(	PUNCT
aijbe-867	614	12	2022	2022	NUM
aijbe-867	614	13	)	)	PUNCT
aijbe-867	614	14	.	.	PUNCT
aijbe-867	615	1	crude	crude	ADJ
aijbe-867	615	2	oil	oil	NOUN
aijbe-867	615	3	prices	price	NOUN
aijbe-867	615	4	pass	pass	VERB
aijbe-867	615	5	-	-	PUNCT
aijbe-867	615	6	through	through	NOUN
aijbe-867	615	7	to	to	ADP
aijbe-867	615	8	retail	retail	ADJ
aijbe-867	615	9	petroleum	petroleum	NOUN
aijbe-867	615	10	product	product	NOUN
aijbe-867	615	11	prices	price	NOUN
aijbe-867	615	12	in	in	ADP
aijbe-867	615	13	nigeria	nigeria	PROPN
aijbe-867	615	14	:	:	PUNCT
aijbe-867	615	15	evidence	evidence	NOUN
aijbe-867	615	16	from	from	ADP
aijbe-867	615	17	hidden	hide	VERB
aijbe-867	615	18	cointegration	cointegration	NOUN
aijbe-867	615	19	approach	approach	NOUN
aijbe-867	615	20	.	.	PUNCT
aijbe-867	616	1	economic	economic	ADJ
aijbe-867	616	2	change	change	NOUN
aijbe-867	616	3	and	and	CCONJ
aijbe-867	616	4	restructuring	restructuring	NOUN
aijbe-867	616	5	,	,	PUNCT
aijbe-867	616	6	55(2	55(2	NUM
aijbe-867	616	7	)	)	PUNCT
aijbe-867	616	8	,	,	PUNCT
aijbe-867	616	9	951	951	NUM
aijbe-867	616	10	-	-	SYM
aijbe-867	616	11	972	972	NUM
aijbe-867	616	12	.	.	PUNCT
aijbe-867	617	1	salisu	salisu	PROPN
aijbe-867	617	2	,	,	PUNCT
aijbe-867	617	3	a.	a.	NOUN
aijbe-867	617	4	a.	a.	PROPN
aijbe-867	617	5	,	,	PUNCT
aijbe-867	617	6	&	&	CCONJ
aijbe-867	617	7	oloko	oloko	NOUN
aijbe-867	617	8	,	,	PUNCT
aijbe-867	617	9	t.	t.	PROPN
aijbe-867	617	10	f.	f.	PROPN
aijbe-867	617	11	(	(	PUNCT
aijbe-867	617	12	2015	2015	NUM
aijbe-867	617	13	)	)	PUNCT
aijbe-867	617	14	.	.	PUNCT
aijbe-867	618	1	modeling	model	VERB
aijbe-867	618	2	oil	oil	NOUN
aijbe-867	618	3	price	price	NOUN
aijbe-867	618	4	–	–	PUNCT
aijbe-867	618	5	us	us	PROPN
aijbe-867	618	6	stock	stock	NOUN
aijbe-867	618	7	nexus	nexus	NOUN
aijbe-867	618	8	:	:	PUNCT
aijbe-867	618	9	a	a	DET
aijbe-867	618	10	varma	varma	PROPN
aijbe-867	618	11	–	–	PUNCT
aijbe-867	618	12	bekk	bekk	NOUN
aijbe-867	618	13	–	–	PUNCT
aijbe-867	618	14	agarch	agarch	NOUN
aijbe-867	618	15	approach	approach	NOUN
aijbe-867	618	16	.	.	PUNCT
aijbe-867	619	1	energy	energy	NOUN
aijbe-867	619	2	economics	economic	NOUN
aijbe-867	619	3	,	,	PUNCT
aijbe-867	619	4	50	50	NUM
aijbe-867	619	5	,	,	PUNCT
aijbe-867	619	6	1	1	NUM
aijbe-867	619	7	-	-	SYM
aijbe-867	619	8	12	12	NUM
aijbe-867	619	9	.	.	PUNCT
aijbe-867	620	1	stock	stock	NOUN
aijbe-867	620	2	market	market	NOUN
aijbe-867	620	3	index	index	NOUN
aijbe-867	620	4	in	in	ADP
aijbe-867	620	5	china	china	PROPN
aijbe-867	620	6	and	and	CCONJ
aijbe-867	620	7	india	india	PROPN
aijbe-867	620	8	,	,	PUNCT
aijbe-867	620	9	international	international	ADJ
aijbe-867	620	10	journal	journal	NOUN
aijbe-867	620	11	of	of	ADP
aijbe-867	620	12	economics	economic	NOUN
aijbe-867	620	13	and	and	CCONJ
aijbe-867	620	14	finance	finance	NOUN
aijbe-867	620	15	,	,	PUNCT
aijbe-867	620	16	vol	vol	NOUN
aijbe-867	620	17	.	.	PROPN
aijbe-867	621	1	3	3	NUM
aijbe-867	621	2	,	,	PUNCT
aijbe-867	621	3	no	no	INTJ
aijbe-867	621	4	.	.	NOUN
aijbe-867	621	5	6	6	NUM
aijbe-867	621	6	,	,	PUNCT
aijbe-867	621	7	pages	page	NOUN
aijbe-867	621	8	233	233	NUM
aijbe-867	621	9	-	-	SYM
aijbe-867	621	10	243	243	NUM
aijbe-867	621	11	.	.	PUNCT
aijbe-867	622	1	su	su	PROPN
aijbe-867	622	2	,	,	PUNCT
aijbe-867	622	3	c.	c.	PROPN
aijbe-867	622	4	w.	w.	PROPN
aijbe-867	622	5	,	,	PUNCT
aijbe-867	622	6	khan	khan	PROPN
aijbe-867	622	7	,	,	PUNCT
aijbe-867	622	8	k.	k.	PROPN
aijbe-867	622	9	,	,	PUNCT
aijbe-867	622	10	tao	tao	PROPN
aijbe-867	622	11	,	,	PUNCT
aijbe-867	622	12	r.	r.	PROPN
aijbe-867	622	13	,	,	PUNCT
aijbe-867	622	14	&	&	CCONJ
aijbe-867	622	15	umar	umar	PROPN
aijbe-867	622	16	,	,	PUNCT
aijbe-867	622	17	m.	m.	NOUN
aijbe-867	622	18	(	(	PUNCT
aijbe-867	622	19	2020	2020	NUM
aijbe-867	622	20	)	)	PUNCT
aijbe-867	622	21	.	.	PUNCT
aijbe-867	623	1	a	a	DET
aijbe-867	623	2	review	review	NOUN
aijbe-867	623	3	of	of	ADP
aijbe-867	623	4	resource	resource	NOUN
aijbe-867	623	5	curse	curse	NOUN
aijbe-867	623	6	burden	burden	NOUN
aijbe-867	623	7	on	on	ADP
aijbe-867	623	8	inflation	inflation	NOUN
aijbe-867	623	9	in	in	ADP
aijbe-867	623	10	venezuela	venezuela	PROPN
aijbe-867	623	11	.	.	PUNCT
aijbe-867	624	1	energy	energy	NOUN
aijbe-867	624	2	,	,	PUNCT
aijbe-867	624	3	204	204	NUM
aijbe-867	624	4	,	,	PUNCT
aijbe-867	624	5	117925	117925	NUM
aijbe-867	624	6	.	.	PUNCT
aijbe-867	625	1	tobin	tobin	NOUN
aijbe-867	625	2	,	,	PUNCT
aijbe-867	625	3	and	and	CCONJ
aijbe-867	625	4	shiller	shiller	PROPN
aijbe-867	625	5	.	.	PUNCT
aijbe-867	626	1	isbn	isbn	PROPN
aijbe-867	626	2	9781137292216	9781137292216	NUM
aijbe-867	626	3	.	.	PUNCT
aijbe-867	627	1	wang	wang	PROPN
aijbe-867	627	2	,	,	PUNCT
aijbe-867	627	3	g.	g.	PROPN
aijbe-867	627	4	,	,	PUNCT
aijbe-867	627	5	sharma	sharma	PROPN
aijbe-867	627	6	,	,	PUNCT
aijbe-867	627	7	p.	p.	PROPN
aijbe-867	627	8	,	,	PUNCT
aijbe-867	627	9	jain	jain	PROPN
aijbe-867	627	10	,	,	PUNCT
aijbe-867	627	11	v.	v.	PROPN
aijbe-867	627	12	,	,	PUNCT
aijbe-867	627	13	shukla	shukla	NOUN
aijbe-867	627	14	,	,	PUNCT
aijbe-867	627	15	a.	a.	PROPN
aijbe-867	627	16	,	,	PUNCT
aijbe-867	627	17	shabbir	shabbir	PROPN
aijbe-867	627	18	,	,	PUNCT
aijbe-867	627	19	m.	m.	NOUN
aijbe-867	627	20	s.	s.	PROPN
aijbe-867	627	21	,	,	PUNCT
aijbe-867	627	22	tabash	tabash	PROPN
aijbe-867	627	23	,	,	PUNCT
aijbe-867	627	24	m.	m.	NOUN
aijbe-867	627	25	i.	i.	PROPN
aijbe-867	627	26	,	,	PUNCT
aijbe-867	627	27	&	&	CCONJ
aijbe-867	627	28	chawla	chawla	PROPN
aijbe-867	627	29	,	,	PUNCT
aijbe-867	627	30	c.	c.	PROPN
aijbe-867	627	31	(	(	PUNCT
aijbe-867	627	32	2022	2022	NUM
aijbe-867	627	33	)	)	PUNCT
aijbe-867	627	34	.	.	PUNCT
aijbe-867	628	1	the	the	DET
aijbe-867	628	2	relationship	relationship	NOUN
aijbe-867	628	3	among	among	ADP
aijbe-867	628	4	oil	oil	NOUN
aijbe-867	628	5	prices	price	NOUN
aijbe-867	628	6	volatility	volatility	NOUN
aijbe-867	628	7	,	,	PUNCT
aijbe-867	628	8	inflation	inflation	NOUN
aijbe-867	628	9	rate	rate	NOUN
aijbe-867	628	10	,	,	PUNCT
aijbe-867	628	11	and	and	CCONJ
aijbe-867	628	12	sustainable	sustainable	ADJ
aijbe-867	628	13	economic	economic	ADJ
aijbe-867	628	14	growth	growth	NOUN
aijbe-867	628	15	:	:	PUNCT
aijbe-867	628	16	evidence	evidence	NOUN
aijbe-867	628	17	from	from	ADP
aijbe-867	628	18	top	top	ADJ
aijbe-867	628	19	oil	oil	NOUN
aijbe-867	628	20	importer	importer	NOUN
aijbe-867	628	21	and	and	CCONJ
aijbe-867	628	22	exporter	exporter	NOUN
aijbe-867	628	23	countries	country	NOUN
aijbe-867	628	24	.	.	PUNCT
aijbe-867	629	1	resources	resource	NOUN
aijbe-867	629	2	policy	policy	NOUN
aijbe-867	629	3	,	,	PUNCT
aijbe-867	629	4	77	77	NUM
aijbe-867	629	5	,	,	PUNCT
aijbe-867	629	6	102674	102674	NUM
aijbe-867	629	7	.	.	PUNCT