id	sid	tid	token	lemma	pos
ajbmeb-3194	1	1	american	american	PROPN
ajbmeb-3194	1	2	journal	journal	PROPN
ajbmeb-3194	1	3	of	of	ADP
ajbmeb-3194	1	4	business	business	NOUN
ajbmeb-3194	1	5	management	management	NOUN
ajbmeb-3194	1	6	,	,	PUNCT
ajbmeb-3194	1	7	economics	economic	NOUN
ajbmeb-3194	1	8	and	and	CCONJ
ajbmeb-3194	1	9	banking	banking	NOUN
ajbmeb-3194	1	10	issn	issn	PROPN
ajbmeb-3194	1	11	(	(	PUNCT
ajbmeb-3194	1	12	e	e	NOUN
ajbmeb-3194	1	13	):	):	PUNCT
ajbmeb-3194	1	14	2832	2832	NUM
ajbmeb-3194	1	15	-	-	SYM
ajbmeb-3194	1	16	8078	8078	NUM
ajbmeb-3194	1	17	volume	volume	NOUN
ajbmeb-3194	1	18	43	43	NUM
ajbmeb-3194	1	19	,	,	PUNCT
ajbmeb-3194	1	20	december	december	PROPN
ajbmeb-3194	1	21	2025	2025	NUM
ajbmeb-3194	1	22	p	p	NOUN
ajbmeb-3194	1	23	a	a	DET
ajbmeb-3194	1	24	g	g	NOUN
ajbmeb-3194	1	25	e	e	NOUN
ajbmeb-3194	1	26	|	|	ADV
ajbmeb-3194	1	27	13	13	NUM
ajbmeb-3194	1	28	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3194	1	29	econometric	econometric	VERB
ajbmeb-3194	1	30	analysis	analysis	NOUN
ajbmeb-3194	1	31	of	of	ADP
ajbmeb-3194	1	32	the	the	DET
ajbmeb-3194	1	33	improvement	improvement	NOUN
ajbmeb-3194	1	34	of	of	ADP
ajbmeb-3194	1	35	credit	credit	NOUN
ajbmeb-3194	1	36	services	service	NOUN
ajbmeb-3194	1	37	zafar	zafar	PROPN
ajbmeb-3194	1	38	absamatovich	absamatovich	PROPN
ajbmeb-3194	1	39	umarov	umarov	PROPN
ajbmeb-3194	1	40	tashkent	tashkent	PROPN
ajbmeb-3194	1	41	state	state	PROPN
ajbmeb-3194	1	42	university	university	PROPN
ajbmeb-3194	1	43	of	of	ADP
ajbmeb-3194	1	44	economics	economic	NOUN
ajbmeb-3194	1	45	umarov_zafar@@tsue.uz	umarov_zafar@@tsue.uz	PROPN
ajbmeb-3194	1	46	nilufar	nilufar	ADJ
ajbmeb-3194	1	47	khikmatullayevna	khikmatullayevna	NOUN
ajbmeb-3194	1	48	sharipova	sharipova	VERB
ajbmeb-3194	1	49	tashkent	tashkent	PROPN
ajbmeb-3194	1	50	state	state	PROPN
ajbmeb-3194	1	51	university	university	PROPN
ajbmeb-3194	1	52	of	of	ADP
ajbmeb-3194	1	53	economics	economic	NOUN
ajbmeb-3194	1	54	sharipova_nilufar@tsue.uz	sharipova_nilufar@tsue.uz	VERB
ajbmeb-3194	1	55	a	a	DET
ajbmeb-3194	1	56	b	b	PROPN
ajbmeb-3194	1	57	s	s	ADP
ajbmeb-3194	1	58	t	t	PROPN
ajbmeb-3194	1	59	r	r	NOUN
ajbmeb-3194	1	60	a	a	DET
ajbmeb-3194	1	61	c	c	NOUN
ajbmeb-3194	1	62	t	t	NOUN
ajbmeb-3194	1	63	k	k	X
ajbmeb-3194	1	64	e	e	PROPN
ajbmeb-3194	1	65	y	y	PROPN
ajbmeb-3194	1	66	w	w	NOUN
ajbmeb-3194	1	67	o	o	NOUN
ajbmeb-3194	1	68	r	r	NOUN
ajbmeb-3194	1	69	d	d	X
ajbmeb-3194	1	70	s	s	VERB
ajbmeb-3194	1	71	the	the	DET
ajbmeb-3194	1	72	quality	quality	NOUN
ajbmeb-3194	1	73	of	of	ADP
ajbmeb-3194	1	74	credit	credit	NOUN
ajbmeb-3194	1	75	services	service	NOUN
ajbmeb-3194	1	76	and	and	CCONJ
ajbmeb-3194	1	77	the	the	DET
ajbmeb-3194	1	78	level	level	NOUN
ajbmeb-3194	1	79	of	of	ADP
ajbmeb-3194	1	80	non	non	ADJ
ajbmeb-3194	1	81	-	-	ADJ
ajbmeb-3194	1	82	performing	performing	ADJ
ajbmeb-3194	1	83	loans	loan	NOUN
ajbmeb-3194	1	84	(	(	PUNCT
ajbmeb-3194	1	85	npls	npls	NOUN
ajbmeb-3194	1	86	)	)	PUNCT
ajbmeb-3194	1	87	are	be	AUX
ajbmeb-3194	1	88	key	key	ADJ
ajbmeb-3194	1	89	determinants	determinant	NOUN
ajbmeb-3194	1	90	of	of	ADP
ajbmeb-3194	1	91	financial	financial	ADJ
ajbmeb-3194	1	92	stability	stability	NOUN
ajbmeb-3194	1	93	and	and	CCONJ
ajbmeb-3194	1	94	banking	banking	NOUN
ajbmeb-3194	1	95	sector	sector	NOUN
ajbmeb-3194	1	96	soundness	soundness	NOUN
ajbmeb-3194	1	97	.	.	PUNCT
ajbmeb-3194	2	1	this	this	DET
ajbmeb-3194	2	2	study	study	NOUN
ajbmeb-3194	2	3	analyzes	analyze	VERB
ajbmeb-3194	2	4	the	the	DET
ajbmeb-3194	2	5	main	main	ADJ
ajbmeb-3194	2	6	factors	factor	NOUN
ajbmeb-3194	2	7	influencing	influence	VERB
ajbmeb-3194	2	8	the	the	DET
ajbmeb-3194	2	9	volume	volume	NOUN
ajbmeb-3194	2	10	of	of	ADP
ajbmeb-3194	2	11	npls	npls	NOUN
ajbmeb-3194	2	12	in	in	ADP
ajbmeb-3194	2	13	the	the	DET
ajbmeb-3194	2	14	banking	banking	NOUN
ajbmeb-3194	2	15	sector	sector	NOUN
ajbmeb-3194	2	16	of	of	ADP
ajbmeb-3194	2	17	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	2	18	through	through	ADP
ajbmeb-3194	2	19	advanced	advanced	ADJ
ajbmeb-3194	2	20	econometric	econometric	ADJ
ajbmeb-3194	2	21	modeling	modeling	NOUN
ajbmeb-3194	2	22	.	.	PUNCT
ajbmeb-3194	3	1	using	use	VERB
ajbmeb-3194	3	2	monthly	monthly	ADJ
ajbmeb-3194	3	3	data	datum	NOUN
ajbmeb-3194	3	4	from	from	ADP
ajbmeb-3194	3	5	january	january	PROPN
ajbmeb-3194	3	6	2020	2020	NUM
ajbmeb-3194	3	7	to	to	ADP
ajbmeb-3194	3	8	january	january	PROPN
ajbmeb-3194	3	9	2025	2025	NUM
ajbmeb-3194	3	10	obtained	obtain	VERB
ajbmeb-3194	3	11	from	from	ADP
ajbmeb-3194	3	12	the	the	DET
ajbmeb-3194	3	13	central	central	ADJ
ajbmeb-3194	3	14	bank	bank	NOUN
ajbmeb-3194	3	15	of	of	ADP
ajbmeb-3194	3	16	the	the	DET
ajbmeb-3194	3	17	republic	republic	NOUN
ajbmeb-3194	3	18	of	of	ADP
ajbmeb-3194	3	19	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	3	20	,	,	PUNCT
ajbmeb-3194	3	21	we	we	PRON
ajbmeb-3194	3	22	examine	examine	VERB
ajbmeb-3194	3	23	the	the	DET
ajbmeb-3194	3	24	impact	impact	NOUN
ajbmeb-3194	3	25	of	of	ADP
ajbmeb-3194	3	26	capital	capital	NOUN
ajbmeb-3194	3	27	adequacy	adequacy	NOUN
ajbmeb-3194	3	28	,	,	PUNCT
ajbmeb-3194	3	29	term	term	NOUN
ajbmeb-3194	3	30	deposits	deposit	NOUN
ajbmeb-3194	3	31	,	,	PUNCT
ajbmeb-3194	3	32	liquidity	liquidity	NOUN
ajbmeb-3194	3	33	indicators	indicator	NOUN
ajbmeb-3194	3	34	,	,	PUNCT
ajbmeb-3194	3	35	and	and	CCONJ
ajbmeb-3194	3	36	other	other	ADJ
ajbmeb-3194	3	37	key	key	ADJ
ajbmeb-3194	3	38	variables	variable	NOUN
ajbmeb-3194	3	39	on	on	ADP
ajbmeb-3194	3	40	npl	npl	PROPN
ajbmeb-3194	3	41	dynamics	dynamic	NOUN
ajbmeb-3194	3	42	.	.	PUNCT
ajbmeb-3194	4	1	pearson	pearson	PROPN
ajbmeb-3194	4	2	correlation	correlation	NOUN
ajbmeb-3194	4	3	analysis	analysis	NOUN
ajbmeb-3194	4	4	is	be	AUX
ajbmeb-3194	4	5	applied	apply	VERB
ajbmeb-3194	4	6	to	to	PART
ajbmeb-3194	4	7	identify	identify	VERB
ajbmeb-3194	4	8	significant	significant	ADJ
ajbmeb-3194	4	9	relationships	relationship	NOUN
ajbmeb-3194	4	10	,	,	PUNCT
ajbmeb-3194	4	11	followed	follow	VERB
ajbmeb-3194	4	12	by	by	ADP
ajbmeb-3194	4	13	multiple	multiple	ADJ
ajbmeb-3194	4	14	regression	regression	NOUN
ajbmeb-3194	4	15	estimation	estimation	NOUN
ajbmeb-3194	4	16	.	.	PUNCT
ajbmeb-3194	5	1	diagnostic	diagnostic	ADJ
ajbmeb-3194	5	2	checks	check	NOUN
ajbmeb-3194	5	3	reveal	reveal	VERB
ajbmeb-3194	5	4	the	the	DET
ajbmeb-3194	5	5	presence	presence	NOUN
ajbmeb-3194	5	6	of	of	ADP
ajbmeb-3194	5	7	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	5	8	and	and	CCONJ
ajbmeb-3194	5	9	heteroskedasticity	heteroskedasticity	NOUN
ajbmeb-3194	5	10	in	in	ADP
ajbmeb-3194	5	11	the	the	DET
ajbmeb-3194	5	12	static	static	ADJ
ajbmeb-3194	5	13	model	model	NOUN
ajbmeb-3194	5	14	,	,	PUNCT
ajbmeb-3194	5	15	which	which	PRON
ajbmeb-3194	5	16	is	be	AUX
ajbmeb-3194	5	17	addressed	address	VERB
ajbmeb-3194	5	18	through	through	ADP
ajbmeb-3194	5	19	dynamic	dynamic	ADJ
ajbmeb-3194	5	20	modeling	modeling	NOUN
ajbmeb-3194	5	21	using	use	VERB
ajbmeb-3194	5	22	armax	armax	NOUN
ajbmeb-3194	5	23	and	and	CCONJ
ajbmeb-3194	5	24	arima	arima	NOUN
ajbmeb-3194	5	25	specifications	specification	NOUN
ajbmeb-3194	5	26	.	.	PUNCT
ajbmeb-3194	6	1	the	the	DET
ajbmeb-3194	6	2	armax(1,1	armax(1,1	NOUN
ajbmeb-3194	6	3	)	)	PUNCT
ajbmeb-3194	6	4	model	model	NOUN
ajbmeb-3194	6	5	demonstrates	demonstrate	VERB
ajbmeb-3194	6	6	that	that	SCONJ
ajbmeb-3194	6	7	capital	capital	NOUN
ajbmeb-3194	6	8	adequacy	adequacy	NOUN
ajbmeb-3194	6	9	has	have	VERB
ajbmeb-3194	6	10	a	a	DET
ajbmeb-3194	6	11	negative	negative	ADJ
ajbmeb-3194	6	12	and	and	CCONJ
ajbmeb-3194	6	13	statistically	statistically	ADV
ajbmeb-3194	6	14	significant	significant	ADJ
ajbmeb-3194	6	15	impact	impact	NOUN
ajbmeb-3194	6	16	on	on	ADP
ajbmeb-3194	6	17	npls	npls	NOUN
ajbmeb-3194	6	18	,	,	PUNCT
ajbmeb-3194	6	19	whereas	whereas	SCONJ
ajbmeb-3194	6	20	term	term	NOUN
ajbmeb-3194	6	21	deposits	deposit	NOUN
ajbmeb-3194	6	22	and	and	CCONJ
ajbmeb-3194	6	23	liquidity	liquidity	NOUN
ajbmeb-3194	6	24	ratios	ratio	NOUN
ajbmeb-3194	6	25	exert	exert	VERB
ajbmeb-3194	6	26	positive	positive	ADJ
ajbmeb-3194	6	27	effects	effect	NOUN
ajbmeb-3194	6	28	.	.	PUNCT
ajbmeb-3194	7	1	the	the	DET
ajbmeb-3194	7	2	final	final	ADJ
ajbmeb-3194	7	3	arima(0,1,0	arima(0,1,0	NOUN
ajbmeb-3194	7	4	)	)	PUNCT
ajbmeb-3194	7	5	model	model	NOUN
ajbmeb-3194	7	6	provides	provide	VERB
ajbmeb-3194	7	7	a	a	DET
ajbmeb-3194	7	8	robust	robust	ADJ
ajbmeb-3194	7	9	baseline	baseline	NOUN
ajbmeb-3194	7	10	for	for	ADP
ajbmeb-3194	7	11	short	short	ADJ
ajbmeb-3194	7	12	-	-	PUNCT
ajbmeb-3194	7	13	term	term	NOUN
ajbmeb-3194	7	14	forecasting	forecasting	NOUN
ajbmeb-3194	7	15	,	,	PUNCT
ajbmeb-3194	7	16	indicating	indicate	VERB
ajbmeb-3194	7	17	an	an	DET
ajbmeb-3194	7	18	expected	expect	VERB
ajbmeb-3194	7	19	monthly	monthly	ADJ
ajbmeb-3194	7	20	increase	increase	NOUN
ajbmeb-3194	7	21	of	of	ADP
ajbmeb-3194	7	22	300.27	300.27	NUM
ajbmeb-3194	7	23	units	unit	NOUN
ajbmeb-3194	7	24	in	in	ADP
ajbmeb-3194	7	25	npl	npl	PROPN
ajbmeb-3194	7	26	volume	volume	NOUN
ajbmeb-3194	7	27	.	.	PUNCT
ajbmeb-3194	8	1	the	the	DET
ajbmeb-3194	8	2	findings	finding	NOUN
ajbmeb-3194	8	3	emphasize	emphasize	VERB
ajbmeb-3194	8	4	the	the	DET
ajbmeb-3194	8	5	importance	importance	NOUN
ajbmeb-3194	8	6	of	of	ADP
ajbmeb-3194	8	7	strengthening	strengthen	VERB
ajbmeb-3194	8	8	capital	capital	NOUN
ajbmeb-3194	8	9	adequacy	adequacy	NOUN
ajbmeb-3194	8	10	,	,	PUNCT
ajbmeb-3194	8	11	managing	manage	VERB
ajbmeb-3194	8	12	liquidity	liquidity	NOUN
ajbmeb-3194	8	13	prudently	prudently	ADV
ajbmeb-3194	8	14	,	,	PUNCT
ajbmeb-3194	8	15	and	and	CCONJ
ajbmeb-3194	8	16	ensuring	ensure	VERB
ajbmeb-3194	8	17	controlled	control	VERB
ajbmeb-3194	8	18	deposit	deposit	NOUN
ajbmeb-3194	8	19	growth	growth	NOUN
ajbmeb-3194	8	20	to	to	PART
ajbmeb-3194	8	21	mitigate	mitigate	VERB
ajbmeb-3194	8	22	credit	credit	NOUN
ajbmeb-3194	8	23	risk	risk	NOUN
ajbmeb-3194	8	24	and	and	CCONJ
ajbmeb-3194	8	25	enhance	enhance	VERB
ajbmeb-3194	8	26	the	the	DET
ajbmeb-3194	8	27	quality	quality	NOUN
ajbmeb-3194	8	28	of	of	ADP
ajbmeb-3194	8	29	credit	credit	NOUN
ajbmeb-3194	8	30	services	service	NOUN
ajbmeb-3194	8	31	in	in	ADP
ajbmeb-3194	8	32	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	8	33	’s	’s	PART
ajbmeb-3194	8	34	banking	banking	NOUN
ajbmeb-3194	8	35	sector	sector	NOUN
ajbmeb-3194	8	36	.	.	PUNCT
ajbmeb-3194	9	1	non	non	ADJ
ajbmeb-3194	9	2	-	-	ADJ
ajbmeb-3194	9	3	performing	performing	ADJ
ajbmeb-3194	9	4	loans	loan	NOUN
ajbmeb-3194	9	5	(	(	PUNCT
ajbmeb-3194	9	6	npl	npl	NOUN
ajbmeb-3194	9	7	)	)	PUNCT
ajbmeb-3194	9	8	;	;	PUNCT
ajbmeb-3194	9	9	credit	credit	NOUN
ajbmeb-3194	9	10	risk	risk	NOUN
ajbmeb-3194	9	11	;	;	PUNCT
ajbmeb-3194	9	12	banking	banking	NOUN
ajbmeb-3194	9	13	sector	sector	NOUN
ajbmeb-3194	9	14	;	;	PUNCT
ajbmeb-3194	9	15	econometric	econometric	ADJ
ajbmeb-3194	9	16	modeling	modeling	NOUN
ajbmeb-3194	9	17	;	;	PUNCT
ajbmeb-3194	9	18	arima	arima	PROPN
ajbmeb-3194	9	19	;	;	PUNCT
ajbmeb-3194	9	20	armax	armax	PROPN
ajbmeb-3194	9	21	;	;	PUNCT
ajbmeb-3194	9	22	capital	capital	NOUN
ajbmeb-3194	9	23	adequacy	adequacy	NOUN
ajbmeb-3194	9	24	;	;	PUNCT
ajbmeb-3194	9	25	term	term	NOUN
ajbmeb-3194	9	26	deposits	deposit	NOUN
ajbmeb-3194	9	27	;	;	PUNCT
ajbmeb-3194	9	28	liquidity	liquidity	NOUN
ajbmeb-3194	9	29	ratio	ratio	NOUN
ajbmeb-3194	9	30	;	;	PUNCT
ajbmeb-3194	9	31	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	9	32	.	.	PUNCT
ajbmeb-3194	10	1	introduction	introduction	NOUN
ajbmeb-3194	10	2	credit	credit	NOUN
ajbmeb-3194	10	3	risk	risk	NOUN
ajbmeb-3194	10	4	remains	remain	VERB
ajbmeb-3194	10	5	one	one	NUM
ajbmeb-3194	10	6	of	of	ADP
ajbmeb-3194	10	7	the	the	DET
ajbmeb-3194	10	8	most	most	ADV
ajbmeb-3194	10	9	critical	critical	ADJ
ajbmeb-3194	10	10	challenges	challenge	NOUN
ajbmeb-3194	10	11	to	to	ADP
ajbmeb-3194	10	12	the	the	DET
ajbmeb-3194	10	13	stability	stability	NOUN
ajbmeb-3194	10	14	of	of	ADP
ajbmeb-3194	10	15	the	the	DET
ajbmeb-3194	10	16	banking	banking	NOUN
ajbmeb-3194	10	17	sector	sector	NOUN
ajbmeb-3194	10	18	.	.	PUNCT
ajbmeb-3194	11	1	a	a	DET
ajbmeb-3194	11	2	high	high	ADJ
ajbmeb-3194	11	3	level	level	NOUN
ajbmeb-3194	11	4	of	of	ADP
ajbmeb-3194	11	5	non	non	ADJ
ajbmeb-3194	11	6	-	-	ADJ
ajbmeb-3194	11	7	performing	performing	ADJ
ajbmeb-3194	11	8	loans	loan	NOUN
ajbmeb-3194	11	9	(	(	PUNCT
ajbmeb-3194	11	10	npls	npls	NOUN
ajbmeb-3194	11	11	)	)	PUNCT
ajbmeb-3194	11	12	not	not	PART
ajbmeb-3194	11	13	only	only	ADV
ajbmeb-3194	11	14	undermines	undermine	VERB
ajbmeb-3194	11	15	banks	bank	NOUN
ajbmeb-3194	11	16	’	'	PUNCT
ajbmeb-3194	11	17	balance	balance	NOUN
ajbmeb-3194	11	18	sheets	sheet	NOUN
ajbmeb-3194	11	19	and	and	CCONJ
ajbmeb-3194	11	20	profitability	profitability	NOUN
ajbmeb-3194	11	21	but	but	CCONJ
ajbmeb-3194	11	22	american	american	ADJ
ajbmeb-3194	11	23	journal	journal	PROPN
ajbmeb-3194	11	24	of	of	ADP
ajbmeb-3194	11	25	business	business	NOUN
ajbmeb-3194	11	26	management	management	NOUN
ajbmeb-3194	11	27	,	,	PUNCT
ajbmeb-3194	11	28	economics	economic	NOUN
ajbmeb-3194	11	29	and	and	CCONJ
ajbmeb-3194	11	30	banking	banking	NOUN
ajbmeb-3194	11	31	volume	volume	NOUN
ajbmeb-3194	12	1	43	43	NUM
ajbmeb-3194	12	2	december2025	december2025	PROPN
ajbmeb-3194	12	3	p	p	PROPN
ajbmeb-3194	12	4	a	a	DET
ajbmeb-3194	12	5	g	g	NOUN
ajbmeb-3194	12	6	e	e	NOUN
ajbmeb-3194	12	7	|	|	ADV
ajbmeb-3194	12	8	14	14	NUM
ajbmeb-3194	12	9	www.americanjournal.org	www.americanjournal.org	PROPN
ajbmeb-3194	12	10	also	also	ADV
ajbmeb-3194	12	11	weakens	weaken	VERB
ajbmeb-3194	12	12	the	the	DET
ajbmeb-3194	12	13	overall	overall	ADJ
ajbmeb-3194	12	14	financial	financial	ADJ
ajbmeb-3194	12	15	system	system	NOUN
ajbmeb-3194	12	16	,	,	PUNCT
ajbmeb-3194	12	17	limiting	limit	VERB
ajbmeb-3194	12	18	credit	credit	NOUN
ajbmeb-3194	12	19	growth	growth	NOUN
ajbmeb-3194	12	20	and	and	CCONJ
ajbmeb-3194	12	21	slowing	slow	VERB
ajbmeb-3194	12	22	economic	economic	ADJ
ajbmeb-3194	12	23	development	development	NOUN
ajbmeb-3194	12	24	.	.	PUNCT
ajbmeb-3194	13	1	in	in	ADP
ajbmeb-3194	13	2	many	many	ADJ
ajbmeb-3194	13	3	countries	country	NOUN
ajbmeb-3194	13	4	,	,	PUNCT
ajbmeb-3194	13	5	npl	npl	PROPN
ajbmeb-3194	13	6	dynamics	dynamic	NOUN
ajbmeb-3194	13	7	are	be	AUX
ajbmeb-3194	13	8	closely	closely	ADV
ajbmeb-3194	13	9	linked	link	VERB
ajbmeb-3194	13	10	to	to	ADP
ajbmeb-3194	13	11	macroeconomic	macroeconomic	ADJ
ajbmeb-3194	13	12	conditions	condition	NOUN
ajbmeb-3194	13	13	and	and	CCONJ
ajbmeb-3194	13	14	banking	banking	NOUN
ajbmeb-3194	13	15	system	system	NOUN
ajbmeb-3194	13	16	indicators	indicator	NOUN
ajbmeb-3194	13	17	,	,	PUNCT
ajbmeb-3194	13	18	including	include	VERB
ajbmeb-3194	13	19	capital	capital	NOUN
ajbmeb-3194	13	20	adequacy	adequacy	NOUN
ajbmeb-3194	13	21	,	,	PUNCT
ajbmeb-3194	13	22	deposit	deposit	NOUN
ajbmeb-3194	13	23	structure	structure	NOUN
ajbmeb-3194	13	24	,	,	PUNCT
ajbmeb-3194	13	25	and	and	CCONJ
ajbmeb-3194	13	26	liquidity	liquidity	NOUN
ajbmeb-3194	13	27	ratios	ratio	NOUN
ajbmeb-3194	13	28	.	.	PUNCT
ajbmeb-3194	14	1	strengthening	strengthen	VERB
ajbmeb-3194	14	2	credit	credit	NOUN
ajbmeb-3194	14	3	quality	quality	NOUN
ajbmeb-3194	14	4	is	be	AUX
ajbmeb-3194	14	5	therefore	therefore	ADV
ajbmeb-3194	14	6	essential	essential	ADJ
ajbmeb-3194	14	7	for	for	ADP
ajbmeb-3194	14	8	maintaining	maintain	VERB
ajbmeb-3194	14	9	financial	financial	ADJ
ajbmeb-3194	14	10	stability	stability	NOUN
ajbmeb-3194	14	11	,	,	PUNCT
ajbmeb-3194	14	12	especially	especially	ADV
ajbmeb-3194	14	13	in	in	ADP
ajbmeb-3194	14	14	emerging	emerge	VERB
ajbmeb-3194	14	15	economies	economy	NOUN
ajbmeb-3194	14	16	.	.	PUNCT
ajbmeb-3194	15	1	in	in	ADP
ajbmeb-3194	15	2	recent	recent	ADJ
ajbmeb-3194	15	3	years	year	NOUN
ajbmeb-3194	15	4	,	,	PUNCT
ajbmeb-3194	15	5	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	15	6	has	have	AUX
ajbmeb-3194	15	7	experienced	experience	VERB
ajbmeb-3194	15	8	rapid	rapid	ADJ
ajbmeb-3194	15	9	financial	financial	ADJ
ajbmeb-3194	15	10	sector	sector	NOUN
ajbmeb-3194	15	11	development	development	NOUN
ajbmeb-3194	15	12	characterized	characterize	VERB
ajbmeb-3194	15	13	by	by	ADP
ajbmeb-3194	15	14	expanding	expand	VERB
ajbmeb-3194	15	15	credit	credit	NOUN
ajbmeb-3194	15	16	portfolios	portfolio	NOUN
ajbmeb-3194	15	17	,	,	PUNCT
ajbmeb-3194	15	18	growing	grow	VERB
ajbmeb-3194	15	19	deposit	deposit	NOUN
ajbmeb-3194	15	20	bases	basis	NOUN
ajbmeb-3194	15	21	,	,	PUNCT
ajbmeb-3194	15	22	and	and	CCONJ
ajbmeb-3194	15	23	evolving	evolve	VERB
ajbmeb-3194	15	24	liquidity	liquidity	NOUN
ajbmeb-3194	15	25	management	management	NOUN
ajbmeb-3194	15	26	practices	practice	NOUN
ajbmeb-3194	15	27	.	.	PUNCT
ajbmeb-3194	16	1	these	these	DET
ajbmeb-3194	16	2	changes	change	NOUN
ajbmeb-3194	16	3	have	have	AUX
ajbmeb-3194	16	4	increased	increase	VERB
ajbmeb-3194	16	5	the	the	DET
ajbmeb-3194	16	6	importance	importance	NOUN
ajbmeb-3194	16	7	of	of	ADP
ajbmeb-3194	16	8	monitoring	monitor	VERB
ajbmeb-3194	16	9	credit	credit	NOUN
ajbmeb-3194	16	10	risk	risk	NOUN
ajbmeb-3194	16	11	and	and	CCONJ
ajbmeb-3194	16	12	understanding	understand	VERB
ajbmeb-3194	16	13	the	the	DET
ajbmeb-3194	16	14	factors	factor	NOUN
ajbmeb-3194	16	15	driving	drive	VERB
ajbmeb-3194	16	16	npls	npls	NOUN
ajbmeb-3194	16	17	.	.	PUNCT
ajbmeb-3194	17	1	drawing	draw	VERB
ajbmeb-3194	17	2	on	on	ADP
ajbmeb-3194	17	3	international	international	ADJ
ajbmeb-3194	17	4	best	good	ADJ
ajbmeb-3194	17	5	practices	practice	NOUN
ajbmeb-3194	17	6	,	,	PUNCT
ajbmeb-3194	17	7	this	this	DET
ajbmeb-3194	17	8	study	study	NOUN
ajbmeb-3194	17	9	applies	apply	VERB
ajbmeb-3194	17	10	econometric	econometric	ADJ
ajbmeb-3194	17	11	modeling	modeling	NOUN
ajbmeb-3194	17	12	techniques	technique	NOUN
ajbmeb-3194	17	13	to	to	PART
ajbmeb-3194	17	14	evaluate	evaluate	VERB
ajbmeb-3194	17	15	the	the	DET
ajbmeb-3194	17	16	relationship	relationship	NOUN
ajbmeb-3194	17	17	between	between	ADP
ajbmeb-3194	17	18	npls	npls	NOUN
ajbmeb-3194	17	19	and	and	CCONJ
ajbmeb-3194	17	20	key	key	ADJ
ajbmeb-3194	17	21	financial	financial	ADJ
ajbmeb-3194	17	22	stability	stability	NOUN
ajbmeb-3194	17	23	indicators	indicator	NOUN
ajbmeb-3194	17	24	in	in	ADP
ajbmeb-3194	17	25	the	the	DET
ajbmeb-3194	17	26	uzbek	uzbek	PROPN
ajbmeb-3194	17	27	banking	banking	NOUN
ajbmeb-3194	17	28	sector	sector	NOUN
ajbmeb-3194	17	29	.	.	PUNCT
ajbmeb-3194	18	1	by	by	ADP
ajbmeb-3194	18	2	integrating	integrate	VERB
ajbmeb-3194	18	3	both	both	CCONJ
ajbmeb-3194	18	4	static	static	ADJ
ajbmeb-3194	18	5	and	and	CCONJ
ajbmeb-3194	18	6	dynamic	dynamic	ADJ
ajbmeb-3194	18	7	modeling	modeling	NOUN
ajbmeb-3194	18	8	approaches	approach	NOUN
ajbmeb-3194	18	9	,	,	PUNCT
ajbmeb-3194	18	10	the	the	DET
ajbmeb-3194	18	11	research	research	NOUN
ajbmeb-3194	18	12	seeks	seek	VERB
ajbmeb-3194	18	13	to	to	PART
ajbmeb-3194	18	14	provide	provide	VERB
ajbmeb-3194	18	15	evidence	evidence	NOUN
ajbmeb-3194	18	16	-	-	PUNCT
ajbmeb-3194	18	17	based	base	VERB
ajbmeb-3194	18	18	recommendations	recommendation	NOUN
ajbmeb-3194	18	19	for	for	ADP
ajbmeb-3194	18	20	strengthening	strengthen	VERB
ajbmeb-3194	18	21	credit	credit	NOUN
ajbmeb-3194	18	22	service	service	NOUN
ajbmeb-3194	18	23	quality	quality	NOUN
ajbmeb-3194	18	24	and	and	CCONJ
ajbmeb-3194	18	25	supporting	support	VERB
ajbmeb-3194	18	26	sustainable	sustainable	ADJ
ajbmeb-3194	18	27	banking	banking	NOUN
ajbmeb-3194	18	28	sector	sector	NOUN
ajbmeb-3194	18	29	growth	growth	NOUN
ajbmeb-3194	18	30	.	.	PUNCT
ajbmeb-3194	19	1	2	2	X
ajbmeb-3194	19	2	.	.	X
ajbmeb-3194	19	3	literature	literature	NOUN
ajbmeb-3194	19	4	review	review	PROPN
ajbmeb-3194	19	5	/	/	SYM
ajbmeb-3194	19	6	analysis	analysis	NOUN
ajbmeb-3194	19	7	the	the	DET
ajbmeb-3194	19	8	concept	concept	NOUN
ajbmeb-3194	19	9	of	of	ADP
ajbmeb-3194	19	10	credit	credit	NOUN
ajbmeb-3194	19	11	has	have	AUX
ajbmeb-3194	19	12	long	long	ADV
ajbmeb-3194	19	13	been	be	AUX
ajbmeb-3194	19	14	recognized	recognize	VERB
ajbmeb-3194	19	15	as	as	ADP
ajbmeb-3194	19	16	a	a	DET
ajbmeb-3194	19	17	fundamental	fundamental	ADJ
ajbmeb-3194	19	18	economic	economic	ADJ
ajbmeb-3194	19	19	category	category	NOUN
ajbmeb-3194	19	20	.	.	PUNCT
ajbmeb-3194	20	1	abdullaev	abdullaev	PROPN
ajbmeb-3194	20	2	yo	yo	PROPN
ajbmeb-3194	20	3	.	.	PUNCT
ajbmeb-3194	21	1	et	et	PROPN
ajbmeb-3194	21	2	al	al	PROPN
ajbmeb-3194	21	3	.	.	PROPN
ajbmeb-3194	21	4	define	define	VERB
ajbmeb-3194	21	5	a	a	DET
ajbmeb-3194	21	6	loan	loan	NOUN
ajbmeb-3194	21	7	as	as	ADP
ajbmeb-3194	21	8	a	a	DET
ajbmeb-3194	21	9	relationship	relationship	NOUN
ajbmeb-3194	21	10	arising	arise	VERB
ajbmeb-3194	21	11	from	from	ADP
ajbmeb-3194	21	12	the	the	DET
ajbmeb-3194	21	13	borrowing	borrowing	NOUN
ajbmeb-3194	21	14	and	and	CCONJ
ajbmeb-3194	21	15	repayment	repayment	NOUN
ajbmeb-3194	21	16	of	of	ADP
ajbmeb-3194	21	17	temporarily	temporarily	ADV
ajbmeb-3194	21	18	available	available	ADJ
ajbmeb-3194	21	19	funds	fund	NOUN
ajbmeb-3194	21	20	with	with	ADP
ajbmeb-3194	21	21	remuneration	remuneration	NOUN
ajbmeb-3194	21	22	over	over	ADP
ajbmeb-3194	21	23	a	a	DET
ajbmeb-3194	21	24	specified	specified	ADJ
ajbmeb-3194	21	25	period	period	NOUN
ajbmeb-3194	21	26	.	.	PUNCT
ajbmeb-3194	22	1	this	this	DET
ajbmeb-3194	22	2	relationship	relationship	NOUN
ajbmeb-3194	22	3	involves	involve	VERB
ajbmeb-3194	22	4	two	two	NUM
ajbmeb-3194	22	5	parties	party	NOUN
ajbmeb-3194	22	6	:	:	PUNCT
ajbmeb-3194	22	7	the	the	DET
ajbmeb-3194	22	8	lender	lender	NOUN
ajbmeb-3194	22	9	(	(	PUNCT
ajbmeb-3194	22	10	creditor	creditor	NOUN
ajbmeb-3194	22	11	)	)	PUNCT
ajbmeb-3194	22	12	and	and	CCONJ
ajbmeb-3194	22	13	the	the	DET
ajbmeb-3194	22	14	borrower	borrower	NOUN
ajbmeb-3194	22	15	(	(	PUNCT
ajbmeb-3194	22	16	debtor	debtor	NOUN
ajbmeb-3194	22	17	)	)	PUNCT
ajbmeb-3194	22	18	,	,	PUNCT
ajbmeb-3194	22	19	forming	form	VERB
ajbmeb-3194	22	20	the	the	DET
ajbmeb-3194	22	21	foundation	foundation	NOUN
ajbmeb-3194	22	22	of	of	ADP
ajbmeb-3194	22	23	modern	modern	ADJ
ajbmeb-3194	22	24	credit	credit	NOUN
ajbmeb-3194	22	25	markets	market	NOUN
ajbmeb-3194	22	26	[	[	X
ajbmeb-3194	22	27	1	1	NUM
ajbmeb-3194	22	28	]	]	PUNCT
ajbmeb-3194	22	29	.	.	PUNCT
ajbmeb-3194	23	1	rashidov	rashidov	PROPN
ajbmeb-3194	23	2	u.	u.	PROPN
ajbmeb-3194	23	3	et	et	PROPN
ajbmeb-3194	23	4	al	al	PROPN
ajbmeb-3194	23	5	.	.	PUNCT
ajbmeb-3194	23	6	further	further	PROPN
ajbmeb-3194	23	7	describe	describe	VERB
ajbmeb-3194	23	8	credit	credit	NOUN
ajbmeb-3194	23	9	as	as	ADP
ajbmeb-3194	23	10	a	a	DET
ajbmeb-3194	23	11	set	set	NOUN
ajbmeb-3194	23	12	of	of	ADP
ajbmeb-3194	23	13	economic	economic	ADJ
ajbmeb-3194	23	14	relations	relation	NOUN
ajbmeb-3194	23	15	tied	tie	VERB
ajbmeb-3194	23	16	to	to	ADP
ajbmeb-3194	23	17	the	the	DET
ajbmeb-3194	23	18	borrowing	borrowing	NOUN
ajbmeb-3194	23	19	and	and	CCONJ
ajbmeb-3194	23	20	repayment	repayment	NOUN
ajbmeb-3194	23	21	of	of	ADP
ajbmeb-3194	23	22	funds	fund	NOUN
ajbmeb-3194	23	23	,	,	PUNCT
ajbmeb-3194	23	24	emphasizing	emphasize	VERB
ajbmeb-3194	23	25	its	its	PRON
ajbmeb-3194	23	26	structured	structured	ADJ
ajbmeb-3194	23	27	,	,	PUNCT
ajbmeb-3194	23	28	economic	economic	ADJ
ajbmeb-3194	23	29	—	—	PUNCT
ajbmeb-3194	23	30	not	not	PART
ajbmeb-3194	23	31	merely	merely	ADV
ajbmeb-3194	23	32	social	social	ADJ
ajbmeb-3194	23	33	—	—	PUNCT
ajbmeb-3194	23	34	nature	nature	NOUN
ajbmeb-3194	23	35	[	[	X
ajbmeb-3194	23	36	2	2	NUM
ajbmeb-3194	23	37	]	]	PUNCT
ajbmeb-3194	23	38	.	.	PUNCT
ajbmeb-3194	24	1	l.	l.	PROPN
ajbmeb-3194	24	2	krolevetskaya	krolevetskaya	PROPN
ajbmeb-3194	24	3	highlights	highlight	NOUN
ajbmeb-3194	24	4	that	that	PRON
ajbmeb-3194	24	5	credit	credit	NOUN
ajbmeb-3194	24	6	emerged	emerge	VERB
ajbmeb-3194	24	7	historically	historically	ADV
ajbmeb-3194	24	8	after	after	ADP
ajbmeb-3194	24	9	the	the	DET
ajbmeb-3194	24	10	introduction	introduction	NOUN
ajbmeb-3194	24	11	of	of	ADP
ajbmeb-3194	24	12	money	money	NOUN
ajbmeb-3194	24	13	,	,	PUNCT
ajbmeb-3194	24	14	accelerating	accelerate	VERB
ajbmeb-3194	24	15	economic	economic	ADJ
ajbmeb-3194	24	16	activity	activity	NOUN
ajbmeb-3194	24	17	by	by	ADP
ajbmeb-3194	24	18	enabling	enable	VERB
ajbmeb-3194	24	19	the	the	DET
ajbmeb-3194	24	20	time	time	NOUN
ajbmeb-3194	24	21	-	-	PUNCT
ajbmeb-3194	24	22	shifting	shifting	NOUN
ajbmeb-3194	24	23	of	of	ADP
ajbmeb-3194	24	24	consumption	consumption	NOUN
ajbmeb-3194	24	25	and	and	CCONJ
ajbmeb-3194	24	26	investment	investment	NOUN
ajbmeb-3194	25	1	[	[	X
ajbmeb-3194	25	2	3	3	NUM
ajbmeb-3194	25	3	]	]	PUNCT
ajbmeb-3194	25	4	.	.	PUNCT
ajbmeb-3194	26	1	abdullayeva	abdullayeva	PROPN
ajbmeb-3194	26	2	sh	sh	PROPN
ajbmeb-3194	26	3	.	.	PROPN
ajbmeb-3194	27	1	and	and	CCONJ
ajbmeb-3194	27	2	azizov	azizov	PROPN
ajbmeb-3194	27	3	underscore	underscore	VERB
ajbmeb-3194	27	4	the	the	DET
ajbmeb-3194	27	5	contractual	contractual	ADJ
ajbmeb-3194	27	6	basis	basis	NOUN
ajbmeb-3194	27	7	of	of	ADP
ajbmeb-3194	27	8	credit	credit	NOUN
ajbmeb-3194	27	9	transactions	transaction	NOUN
ajbmeb-3194	27	10	:	:	PUNCT
ajbmeb-3194	27	11	borrowers	borrower	NOUN
ajbmeb-3194	27	12	are	be	AUX
ajbmeb-3194	27	13	obliged	oblige	VERB
ajbmeb-3194	27	14	to	to	PART
ajbmeb-3194	27	15	repay	repay	VERB
ajbmeb-3194	27	16	borrowed	borrow	VERB
ajbmeb-3194	27	17	funds	fund	NOUN
ajbmeb-3194	27	18	within	within	ADP
ajbmeb-3194	27	19	a	a	DET
ajbmeb-3194	27	20	fixed	fix	VERB
ajbmeb-3194	27	21	period	period	NOUN
ajbmeb-3194	27	22	along	along	ADP
ajbmeb-3194	27	23	with	with	ADP
ajbmeb-3194	27	24	additional	additional	ADJ
ajbmeb-3194	27	25	remuneration	remuneration	NOUN
ajbmeb-3194	27	26	[	[	X
ajbmeb-3194	27	27	4	4	NUM
ajbmeb-3194	27	28	]	]	PUNCT
ajbmeb-3194	27	29	.	.	PUNCT
ajbmeb-3194	28	1	at	at	ADP
ajbmeb-3194	28	2	the	the	DET
ajbmeb-3194	28	3	macro	macro	ADJ
ajbmeb-3194	28	4	level	level	NOUN
ajbmeb-3194	28	5	,	,	PUNCT
ajbmeb-3194	28	6	o.	o.	PROPN
ajbmeb-3194	28	7	sattarov	sattarov	PROPN
ajbmeb-3194	28	8	notes	note	VERB
ajbmeb-3194	28	9	that	that	SCONJ
ajbmeb-3194	28	10	the	the	DET
ajbmeb-3194	28	11	loan	loan	NOUN
ajbmeb-3194	28	12	-	-	PUNCT
ajbmeb-3194	28	13	to	to	ADP
ajbmeb-3194	28	14	-	-	PUNCT
ajbmeb-3194	28	15	gdp	gdp	NOUN
ajbmeb-3194	28	16	ratio	ratio	NOUN
ajbmeb-3194	28	17	is	be	AUX
ajbmeb-3194	28	18	a	a	DET
ajbmeb-3194	28	19	critical	critical	ADJ
ajbmeb-3194	28	20	indicator	indicator	NOUN
ajbmeb-3194	28	21	of	of	ADP
ajbmeb-3194	28	22	investment	investment	NOUN
ajbmeb-3194	28	23	orientation	orientation	NOUN
ajbmeb-3194	28	24	and	and	CCONJ
ajbmeb-3194	28	25	financial	financial	ADJ
ajbmeb-3194	28	26	sector	sector	NOUN
ajbmeb-3194	28	27	depth	depth	NOUN
ajbmeb-3194	28	28	,	,	PUNCT
ajbmeb-3194	28	29	with	with	ADP
ajbmeb-3194	28	30	higher	high	ADJ
ajbmeb-3194	28	31	ratios	ratio	NOUN
ajbmeb-3194	28	32	typically	typically	ADV
ajbmeb-3194	28	33	associated	associate	VERB
ajbmeb-3194	28	34	with	with	ADP
ajbmeb-3194	28	35	stronger	strong	ADJ
ajbmeb-3194	28	36	economic	economic	ADJ
ajbmeb-3194	28	37	growth	growth	NOUN
ajbmeb-3194	28	38	and	and	CCONJ
ajbmeb-3194	28	39	financial	financial	ADJ
ajbmeb-3194	28	40	intermediation	intermediation	NOUN
ajbmeb-3194	29	1	[	[	X
ajbmeb-3194	29	2	5	5	NUM
ajbmeb-3194	29	3	]	]	PUNCT
ajbmeb-3194	29	4	.	.	PUNCT
ajbmeb-3194	30	1	together	together	ADV
ajbmeb-3194	30	2	,	,	PUNCT
ajbmeb-3194	30	3	these	these	DET
ajbmeb-3194	30	4	perspectives	perspective	NOUN
ajbmeb-3194	30	5	establish	establish	VERB
ajbmeb-3194	30	6	credit	credit	NOUN
ajbmeb-3194	30	7	as	as	ADP
ajbmeb-3194	30	8	both	both	CCONJ
ajbmeb-3194	30	9	a	a	DET
ajbmeb-3194	30	10	microeconomic	microeconomic	ADJ
ajbmeb-3194	30	11	and	and	CCONJ
ajbmeb-3194	30	12	macroeconomic	macroeconomic	ADJ
ajbmeb-3194	30	13	driver	driver	NOUN
ajbmeb-3194	30	14	of	of	ADP
ajbmeb-3194	30	15	development	development	NOUN
ajbmeb-3194	30	16	.	.	PUNCT
ajbmeb-3194	31	1	understanding	understand	VERB
ajbmeb-3194	31	2	its	its	PRON
ajbmeb-3194	31	3	dynamics	dynamic	NOUN
ajbmeb-3194	31	4	is	be	AUX
ajbmeb-3194	31	5	crucial	crucial	ADJ
ajbmeb-3194	31	6	for	for	ADP
ajbmeb-3194	31	7	analyzing	analyze	VERB
ajbmeb-3194	31	8	credit	credit	NOUN
ajbmeb-3194	31	9	risk	risk	NOUN
ajbmeb-3194	31	10	,	,	PUNCT
ajbmeb-3194	31	11	npl	npl	NOUN
ajbmeb-3194	31	12	trends	trend	NOUN
ajbmeb-3194	31	13	,	,	PUNCT
ajbmeb-3194	31	14	and	and	CCONJ
ajbmeb-3194	31	15	the	the	DET
ajbmeb-3194	31	16	stability	stability	NOUN
ajbmeb-3194	31	17	of	of	ADP
ajbmeb-3194	31	18	banking	banking	NOUN
ajbmeb-3194	31	19	systems	system	NOUN
ajbmeb-3194	31	20	—	—	PUNCT
ajbmeb-3194	31	21	particularly	particularly	ADV
ajbmeb-3194	31	22	in	in	ADP
ajbmeb-3194	31	23	developing	develop	VERB
ajbmeb-3194	31	24	economies	economy	NOUN
ajbmeb-3194	31	25	such	such	ADJ
ajbmeb-3194	31	26	as	as	ADP
ajbmeb-3194	31	27	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	31	28	.	.	PUNCT
ajbmeb-3194	32	1	3	3	X
ajbmeb-3194	32	2	.	.	X
ajbmeb-3194	32	3	data	datum	NOUN
ajbmeb-3194	32	4	and	and	CCONJ
ajbmeb-3194	32	5	methodology	methodology	NOUN
ajbmeb-3194	32	6	this	this	DET
ajbmeb-3194	32	7	study	study	NOUN
ajbmeb-3194	32	8	is	be	AUX
ajbmeb-3194	32	9	based	base	VERB
ajbmeb-3194	32	10	on	on	ADP
ajbmeb-3194	32	11	monthly	monthly	ADJ
ajbmeb-3194	32	12	time	time	NOUN
ajbmeb-3194	32	13	-	-	PUNCT
ajbmeb-3194	32	14	series	series	NOUN
ajbmeb-3194	32	15	data	datum	NOUN
ajbmeb-3194	32	16	for	for	ADP
ajbmeb-3194	32	17	the	the	DET
ajbmeb-3194	32	18	period	period	NOUN
ajbmeb-3194	32	19	january	january	PROPN
ajbmeb-3194	32	20	2020	2020	NUM
ajbmeb-3194	32	21	–	–	PUNCT
ajbmeb-3194	32	22	january	january	PROPN
ajbmeb-3194	32	23	2025	2025	NUM
ajbmeb-3194	32	24	,	,	PUNCT
ajbmeb-3194	32	25	collected	collect	VERB
ajbmeb-3194	32	26	from	from	ADP
ajbmeb-3194	32	27	the	the	DET
ajbmeb-3194	32	28	central	central	ADJ
ajbmeb-3194	32	29	bank	bank	NOUN
ajbmeb-3194	32	30	of	of	ADP
ajbmeb-3194	32	31	the	the	DET
ajbmeb-3194	32	32	republic	republic	NOUN
ajbmeb-3194	32	33	of	of	ADP
ajbmeb-3194	32	34	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	32	35	.	.	PUNCT
ajbmeb-3194	33	1	⎯	⎯	PROPN
ajbmeb-3194	33	2	dependent	dependent	ADJ
ajbmeb-3194	33	3	variable	variable	NOUN
ajbmeb-3194	33	4	(	(	PUNCT
ajbmeb-3194	33	5	y	y	NOUN
ajbmeb-3194	33	6	):	):	PUNCT
ajbmeb-3194	33	7	volume	volume	NOUN
ajbmeb-3194	33	8	of	of	ADP
ajbmeb-3194	33	9	non	non	ADJ
ajbmeb-3194	33	10	-	-	ADJ
ajbmeb-3194	33	11	performing	performing	ADJ
ajbmeb-3194	33	12	loans	loan	NOUN
ajbmeb-3194	33	13	(	(	PUNCT
ajbmeb-3194	33	14	npl	npl	NOUN
ajbmeb-3194	33	15	)	)	PUNCT
ajbmeb-3194	33	16	⎯	⎯	PROPN
ajbmeb-3194	33	17	independent	independent	ADJ
ajbmeb-3194	33	18	variables	variable	NOUN
ajbmeb-3194	33	19	:	:	PUNCT
ajbmeb-3194	33	20	⎯	⎯	PROPN
ajbmeb-3194	33	21	x1	x1	PROPN
ajbmeb-3194	33	22	:	:	PUNCT
ajbmeb-3194	33	23	capital	capital	NOUN
ajbmeb-3194	33	24	adequacy	adequacy	NOUN
ajbmeb-3194	33	25	ratio	ratio	NOUN
ajbmeb-3194	33	26	(	(	PUNCT
ajbmeb-3194	33	27	%	%	INTJ
ajbmeb-3194	33	28	)	)	PUNCT
ajbmeb-3194	33	29	⎯	⎯	PROPN
ajbmeb-3194	33	30	x2	x2	PROPN
ajbmeb-3194	33	31	:	:	PUNCT
ajbmeb-3194	33	32	volume	volume	NOUN
ajbmeb-3194	33	33	of	of	ADP
ajbmeb-3194	33	34	term	term	NOUN
ajbmeb-3194	33	35	deposits	deposit	NOUN
ajbmeb-3194	33	36	(	(	PUNCT
ajbmeb-3194	33	37	billion	billion	NUM
ajbmeb-3194	33	38	uzs	uzs	NOUN
ajbmeb-3194	33	39	)	)	PUNCT
ajbmeb-3194	33	40	⎯	⎯	PROPN
ajbmeb-3194	33	41	x3	x3	PROPN
ajbmeb-3194	33	42	:	:	PUNCT
ajbmeb-3194	33	43	fixed	fix	VERB
ajbmeb-3194	33	44	capital	capital	NOUN
ajbmeb-3194	33	45	(	(	PUNCT
ajbmeb-3194	33	46	billion	billion	NUM
ajbmeb-3194	33	47	uzs	uzs	NOUN
ajbmeb-3194	33	48	)	)	PUNCT
ajbmeb-3194	33	49	⎯	⎯	PROPN
ajbmeb-3194	33	50	x4	x4	PROPN
ajbmeb-3194	33	51	:	:	PUNCT
ajbmeb-3194	33	52	highly	highly	ADV
ajbmeb-3194	33	53	liquid	liquid	ADJ
ajbmeb-3194	33	54	assets	asset	NOUN
ajbmeb-3194	33	55	(	(	PUNCT
ajbmeb-3194	33	56	billion	billion	NUM
ajbmeb-3194	33	57	uzs	uzs	NOUN
ajbmeb-3194	33	58	)	)	PUNCT
ajbmeb-3194	33	59	⎯	⎯	PROPN
ajbmeb-3194	33	60	x5	x5	PROPN
ajbmeb-3194	33	61	:	:	PUNCT
ajbmeb-3194	33	62	instant	instant	ADJ
ajbmeb-3194	33	63	liquidity	liquidity	NOUN
ajbmeb-3194	33	64	ratio	ratio	NOUN
ajbmeb-3194	33	65	(	(	PUNCT
ajbmeb-3194	33	66	%	%	INTJ
ajbmeb-3194	33	67	)	)	PUNCT
ajbmeb-3194	33	68	american	american	ADJ
ajbmeb-3194	33	69	journal	journal	PROPN
ajbmeb-3194	33	70	of	of	ADP
ajbmeb-3194	33	71	business	business	NOUN
ajbmeb-3194	33	72	management	management	NOUN
ajbmeb-3194	33	73	,	,	PUNCT
ajbmeb-3194	33	74	economics	economic	NOUN
ajbmeb-3194	33	75	and	and	CCONJ
ajbmeb-3194	33	76	banking	banking	NOUN
ajbmeb-3194	33	77	volume	volume	NOUN
ajbmeb-3194	33	78	43	43	NUM
ajbmeb-3194	34	1	december2025	december2025	PROPN
ajbmeb-3194	34	2	p	p	PROPN
ajbmeb-3194	34	3	a	a	DET
ajbmeb-3194	34	4	g	g	NOUN
ajbmeb-3194	34	5	e	e	NOUN
ajbmeb-3194	34	6	|	|	ADV
ajbmeb-3194	34	7	15	15	NUM
ajbmeb-3194	34	8	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3194	34	9	the	the	DET
ajbmeb-3194	34	10	methodological	methodological	ADJ
ajbmeb-3194	34	11	framework	framework	NOUN
ajbmeb-3194	34	12	consists	consist	VERB
ajbmeb-3194	34	13	of	of	ADP
ajbmeb-3194	34	14	the	the	DET
ajbmeb-3194	34	15	following	follow	VERB
ajbmeb-3194	34	16	steps	step	NOUN
ajbmeb-3194	34	17	:	:	PUNCT
ajbmeb-3194	34	18	1	1	X
ajbmeb-3194	34	19	.	.	X
ajbmeb-3194	34	20	correlation	correlation	NOUN
ajbmeb-3194	34	21	analysis	analysis	NOUN
ajbmeb-3194	34	22	—	—	PUNCT
ajbmeb-3194	34	23	using	use	VERB
ajbmeb-3194	34	24	the	the	DET
ajbmeb-3194	34	25	pearson	pearson	NOUN
ajbmeb-3194	34	26	correlation	correlation	NOUN
ajbmeb-3194	34	27	coefficient	coefficient	NOUN
ajbmeb-3194	34	28	to	to	PART
ajbmeb-3194	34	29	identify	identify	VERB
ajbmeb-3194	34	30	statistically	statistically	ADV
ajbmeb-3194	34	31	significant	significant	ADJ
ajbmeb-3194	34	32	linear	linear	ADJ
ajbmeb-3194	34	33	relationships	relationship	NOUN
ajbmeb-3194	34	34	between	between	ADP
ajbmeb-3194	34	35	npls	npls	NOUN
ajbmeb-3194	34	36	and	and	CCONJ
ajbmeb-3194	34	37	explanatory	explanatory	ADJ
ajbmeb-3194	34	38	variables	variable	NOUN
ajbmeb-3194	34	39	.	.	PUNCT
ajbmeb-3194	35	1	2	2	X
ajbmeb-3194	35	2	.	.	X
ajbmeb-3194	35	3	multicollinearity	multicollinearity	NOUN
ajbmeb-3194	35	4	check	check	NOUN
ajbmeb-3194	35	5	—	—	PUNCT
ajbmeb-3194	35	6	exclusion	exclusion	NOUN
ajbmeb-3194	35	7	of	of	ADP
ajbmeb-3194	35	8	variables	variable	NOUN
ajbmeb-3194	35	9	with	with	ADP
ajbmeb-3194	35	10	strong	strong	ADJ
ajbmeb-3194	35	11	mutual	mutual	ADJ
ajbmeb-3194	35	12	correlations	correlation	NOUN
ajbmeb-3194	35	13	(	(	PUNCT
ajbmeb-3194	35	14	e.g.	e.g.	ADV
ajbmeb-3194	35	15	,	,	PUNCT
ajbmeb-3194	35	16	x2x_2x2	x2x_2x2	PROPN
ajbmeb-3194	35	17	and	and	CCONJ
ajbmeb-3194	35	18	x3x_3x3	x3x_3x3	ADJ
ajbmeb-3194	35	19	correlation	correlation	NOUN
ajbmeb-3194	35	20	of	of	ADP
ajbmeb-3194	35	21	0.9872	0.9872	NUM
ajbmeb-3194	35	22	)	)	PUNCT
ajbmeb-3194	35	23	.	.	PUNCT
ajbmeb-3194	36	1	3	3	X
ajbmeb-3194	36	2	.	.	X
ajbmeb-3194	36	3	static	static	ADJ
ajbmeb-3194	36	4	regression	regression	NOUN
ajbmeb-3194	36	5	analysis	analysis	NOUN
ajbmeb-3194	36	6	(	(	PUNCT
ajbmeb-3194	36	7	ols	ol	NOUN
ajbmeb-3194	36	8	)	)	PUNCT
ajbmeb-3194	36	9	—	—	PUNCT
ajbmeb-3194	36	10	estimation	estimation	NOUN
ajbmeb-3194	36	11	of	of	ADP
ajbmeb-3194	36	12	a	a	DET
ajbmeb-3194	36	13	baseline	baseline	ADJ
ajbmeb-3194	36	14	multiple	multiple	ADJ
ajbmeb-3194	36	15	linear	linear	PROPN
ajbmeb-3194	36	16	regression	regression	NOUN
ajbmeb-3194	36	17	model	model	NOUN
ajbmeb-3194	36	18	.	.	PUNCT
ajbmeb-3194	37	1	4	4	X
ajbmeb-3194	37	2	.	.	X
ajbmeb-3194	37	3	diagnostic	diagnostic	ADJ
ajbmeb-3194	37	4	testing	testing	NOUN
ajbmeb-3194	37	5	—	—	PUNCT
ajbmeb-3194	37	6	application	application	NOUN
ajbmeb-3194	37	7	of	of	ADP
ajbmeb-3194	37	8	the	the	DET
ajbmeb-3194	37	9	durbin	durbin	ADJ
ajbmeb-3194	37	10	–	–	PUNCT
ajbmeb-3194	37	11	watson	watson	PROPN
ajbmeb-3194	37	12	statistic	statistic	NOUN
ajbmeb-3194	37	13	to	to	PART
ajbmeb-3194	37	14	test	test	VERB
ajbmeb-3194	37	15	for	for	ADP
ajbmeb-3194	37	16	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	37	17	and	and	CCONJ
ajbmeb-3194	37	18	breusch	breusch	PROPN
ajbmeb-3194	37	19	–	–	PUNCT
ajbmeb-3194	37	20	pagan	pagan	ADJ
ajbmeb-3194	37	21	test	test	NOUN
ajbmeb-3194	37	22	for	for	ADP
ajbmeb-3194	37	23	heteroskedasticity	heteroskedasticity	NOUN
ajbmeb-3194	37	24	.	.	PUNCT
ajbmeb-3194	38	1	5	5	X
ajbmeb-3194	38	2	.	.	X
ajbmeb-3194	38	3	dynamic	dynamic	ADJ
ajbmeb-3194	38	4	modeling	modeling	NOUN
ajbmeb-3194	38	5	(	(	PUNCT
ajbmeb-3194	38	6	armax	armax	NOUN
ajbmeb-3194	38	7	)	)	PUNCT
ajbmeb-3194	38	8	—	—	PUNCT
ajbmeb-3194	38	9	inclusion	inclusion	NOUN
ajbmeb-3194	38	10	of	of	ADP
ajbmeb-3194	38	11	lagged	lag	VERB
ajbmeb-3194	38	12	dependent	dependent	ADJ
ajbmeb-3194	38	13	variables	variable	NOUN
ajbmeb-3194	38	14	to	to	PART
ajbmeb-3194	38	15	correct	correct	VERB
ajbmeb-3194	38	16	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	38	17	and	and	CCONJ
ajbmeb-3194	38	18	capture	capture	VERB
ajbmeb-3194	38	19	temporal	temporal	ADJ
ajbmeb-3194	38	20	dynamics	dynamic	NOUN
ajbmeb-3194	38	21	.	.	PUNCT
ajbmeb-3194	39	1	6	6	X
ajbmeb-3194	39	2	.	.	X
ajbmeb-3194	39	3	forecasting	forecasting	NOUN
ajbmeb-3194	39	4	(	(	PUNCT
ajbmeb-3194	39	5	arima	arima	PROPN
ajbmeb-3194	39	6	)	)	PUNCT
ajbmeb-3194	39	7	—	—	PUNCT
ajbmeb-3194	39	8	identification	identification	NOUN
ajbmeb-3194	39	9	of	of	ADP
ajbmeb-3194	39	10	the	the	DET
ajbmeb-3194	39	11	optimal	optimal	ADJ
ajbmeb-3194	39	12	arima	arima	NOUN
ajbmeb-3194	39	13	specification	specification	NOUN
ajbmeb-3194	39	14	for	for	ADP
ajbmeb-3194	39	15	npl	npl	PROPN
ajbmeb-3194	39	16	forecasts	forecast	NOUN
ajbmeb-3194	39	17	based	base	VERB
ajbmeb-3194	39	18	on	on	ADP
ajbmeb-3194	39	19	aic	aic	PROPN
ajbmeb-3194	39	20	and	and	CCONJ
ajbmeb-3194	39	21	residual	residual	ADJ
ajbmeb-3194	39	22	tests	test	NOUN
ajbmeb-3194	39	23	.	.	PUNCT
ajbmeb-3194	40	1	4	4	X
ajbmeb-3194	40	2	.	.	NOUN
ajbmeb-3194	40	3	results	result	NOUN
ajbmeb-3194	40	4	and	and	CCONJ
ajbmeb-3194	40	5	discussion	discussion	NOUN
ajbmeb-3194	40	6	4.1	4.1	NUM
ajbmeb-3194	40	7	correlation	correlation	NOUN
ajbmeb-3194	40	8	analysis	analysis	NOUN
ajbmeb-3194	40	9	taking	take	VERB
ajbmeb-3194	40	10	into	into	ADP
ajbmeb-3194	40	11	account	account	NOUN
ajbmeb-3194	40	12	the	the	DET
ajbmeb-3194	40	13	specific	specific	ADJ
ajbmeb-3194	40	14	characteristics	characteristic	NOUN
ajbmeb-3194	40	15	of	of	ADP
ajbmeb-3194	40	16	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	40	17	’s	’s	PART
ajbmeb-3194	40	18	banking	banking	NOUN
ajbmeb-3194	40	19	system	system	NOUN
ajbmeb-3194	40	20	,	,	PUNCT
ajbmeb-3194	40	21	this	this	DET
ajbmeb-3194	40	22	study	study	NOUN
ajbmeb-3194	40	23	employs	employ	VERB
ajbmeb-3194	40	24	econometric	econometric	ADJ
ajbmeb-3194	40	25	methods	method	NOUN
ajbmeb-3194	40	26	to	to	PART
ajbmeb-3194	40	27	analyze	analyze	VERB
ajbmeb-3194	40	28	the	the	DET
ajbmeb-3194	40	29	impact	impact	NOUN
ajbmeb-3194	40	30	of	of	ADP
ajbmeb-3194	40	31	several	several	ADJ
ajbmeb-3194	40	32	key	key	ADJ
ajbmeb-3194	40	33	indicators	indicator	NOUN
ajbmeb-3194	40	34	on	on	ADP
ajbmeb-3194	40	35	the	the	DET
ajbmeb-3194	40	36	volume	volume	NOUN
ajbmeb-3194	40	37	of	of	ADP
ajbmeb-3194	40	38	non	non	ADJ
ajbmeb-3194	40	39	-	-	ADJ
ajbmeb-3194	40	40	performing	performing	ADJ
ajbmeb-3194	40	41	loans	loan	NOUN
ajbmeb-3194	40	42	(	(	PUNCT
ajbmeb-3194	40	43	npls	npls	NOUN
ajbmeb-3194	40	44	)	)	PUNCT
ajbmeb-3194	40	45	.	.	PUNCT
ajbmeb-3194	41	1	the	the	DET
ajbmeb-3194	41	2	indicators	indicator	NOUN
ajbmeb-3194	41	3	considered	consider	VERB
ajbmeb-3194	41	4	include	include	VERB
ajbmeb-3194	41	5	the	the	DET
ajbmeb-3194	41	6	overall	overall	ADJ
ajbmeb-3194	41	7	capital	capital	NOUN
ajbmeb-3194	41	8	adequacy	adequacy	NOUN
ajbmeb-3194	41	9	ratio	ratio	NOUN
ajbmeb-3194	41	10	,	,	PUNCT
ajbmeb-3194	41	11	the	the	DET
ajbmeb-3194	41	12	volume	volume	NOUN
ajbmeb-3194	41	13	of	of	ADP
ajbmeb-3194	41	14	term	term	NOUN
ajbmeb-3194	41	15	deposits	deposit	NOUN
ajbmeb-3194	41	16	,	,	PUNCT
ajbmeb-3194	41	17	fixed	fix	VERB
ajbmeb-3194	41	18	capital	capital	NOUN
ajbmeb-3194	41	19	,	,	PUNCT
ajbmeb-3194	41	20	highly	highly	ADV
ajbmeb-3194	41	21	liquid	liquid	ADJ
ajbmeb-3194	41	22	assets	asset	NOUN
ajbmeb-3194	41	23	,	,	PUNCT
ajbmeb-3194	41	24	and	and	CCONJ
ajbmeb-3194	41	25	the	the	DET
ajbmeb-3194	41	26	instant	instant	ADJ
ajbmeb-3194	41	27	liquidity	liquidity	NOUN
ajbmeb-3194	41	28	ratio	ratio	NOUN
ajbmeb-3194	41	29	.	.	PUNCT
ajbmeb-3194	42	1	the	the	DET
ajbmeb-3194	42	2	analysis	analysis	NOUN
ajbmeb-3194	42	3	is	be	AUX
ajbmeb-3194	42	4	based	base	VERB
ajbmeb-3194	42	5	on	on	ADP
ajbmeb-3194	42	6	official	official	ADJ
ajbmeb-3194	42	7	data	datum	NOUN
ajbmeb-3194	42	8	provided	provide	VERB
ajbmeb-3194	42	9	by	by	ADP
ajbmeb-3194	42	10	the	the	DET
ajbmeb-3194	42	11	central	central	ADJ
ajbmeb-3194	42	12	bank	bank	NOUN
ajbmeb-3194	42	13	of	of	ADP
ajbmeb-3194	42	14	the	the	DET
ajbmeb-3194	42	15	republic	republic	NOUN
ajbmeb-3194	42	16	of	of	ADP
ajbmeb-3194	42	17	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	42	18	,	,	PUNCT
ajbmeb-3194	42	19	which	which	PRON
ajbmeb-3194	42	20	were	be	AUX
ajbmeb-3194	42	21	used	use	VERB
ajbmeb-3194	42	22	to	to	PART
ajbmeb-3194	42	23	assess	assess	VERB
ajbmeb-3194	42	24	how	how	SCONJ
ajbmeb-3194	42	25	these	these	DET
ajbmeb-3194	42	26	economic	economic	ADJ
ajbmeb-3194	42	27	indicators	indicator	NOUN
ajbmeb-3194	42	28	influence	influence	VERB
ajbmeb-3194	42	29	changes	change	NOUN
ajbmeb-3194	42	30	in	in	ADP
ajbmeb-3194	42	31	the	the	DET
ajbmeb-3194	42	32	volume	volume	NOUN
ajbmeb-3194	42	33	of	of	ADP
ajbmeb-3194	42	34	npls	npls	NOUN
ajbmeb-3194	42	35	in	in	ADP
ajbmeb-3194	42	36	the	the	DET
ajbmeb-3194	42	37	banking	banking	NOUN
ajbmeb-3194	42	38	sector	sector	NOUN
ajbmeb-3194	42	39	.	.	PUNCT
ajbmeb-3194	43	1	based	base	VERB
ajbmeb-3194	43	2	on	on	ADP
ajbmeb-3194	43	3	the	the	DET
ajbmeb-3194	43	4	empirical	empirical	ADJ
ajbmeb-3194	43	5	results	result	NOUN
ajbmeb-3194	43	6	,	,	PUNCT
ajbmeb-3194	43	7	corresponding	correspond	VERB
ajbmeb-3194	43	8	forecasts	forecast	NOUN
ajbmeb-3194	43	9	were	be	AUX
ajbmeb-3194	43	10	also	also	ADV
ajbmeb-3194	43	11	developed	develop	VERB
ajbmeb-3194	43	12	.	.	PUNCT
ajbmeb-3194	44	1	since	since	SCONJ
ajbmeb-3194	44	2	improving	improve	VERB
ajbmeb-3194	44	3	the	the	DET
ajbmeb-3194	44	4	quality	quality	NOUN
ajbmeb-3194	44	5	of	of	ADP
ajbmeb-3194	44	6	credit	credit	NOUN
ajbmeb-3194	44	7	services	service	NOUN
ajbmeb-3194	44	8	is	be	AUX
ajbmeb-3194	44	9	directly	directly	ADV
ajbmeb-3194	44	10	linked	link	VERB
ajbmeb-3194	44	11	to	to	ADP
ajbmeb-3194	44	12	reducing	reduce	VERB
ajbmeb-3194	44	13	the	the	DET
ajbmeb-3194	44	14	volume	volume	NOUN
ajbmeb-3194	44	15	of	of	ADP
ajbmeb-3194	44	16	nonperforming	nonperforme	VERB
ajbmeb-3194	44	17	loans	loan	NOUN
ajbmeb-3194	44	18	,	,	PUNCT
ajbmeb-3194	44	19	the	the	DET
ajbmeb-3194	44	20	monthly	monthly	ADJ
ajbmeb-3194	44	21	volume	volume	NOUN
ajbmeb-3194	44	22	of	of	ADP
ajbmeb-3194	44	23	npls	npls	NOUN
ajbmeb-3194	44	24	for	for	ADP
ajbmeb-3194	44	25	the	the	DET
ajbmeb-3194	44	26	period	period	NOUN
ajbmeb-3194	44	27	2020–2025	2020–2025	NUM
ajbmeb-3194	44	28	was	be	AUX
ajbmeb-3194	44	29	selected	select	VERB
ajbmeb-3194	44	30	as	as	ADP
ajbmeb-3194	44	31	the	the	DET
ajbmeb-3194	44	32	dependent	dependent	ADJ
ajbmeb-3194	44	33	variable	variable	NOUN
ajbmeb-3194	44	34	,	,	PUNCT
ajbmeb-3194	44	35	while	while	SCONJ
ajbmeb-3194	44	36	the	the	DET
ajbmeb-3194	44	37	banking	banking	NOUN
ajbmeb-3194	44	38	system	system	NOUN
ajbmeb-3194	44	39	stability	stability	NOUN
ajbmeb-3194	44	40	indicators	indicator	NOUN
ajbmeb-3194	44	41	were	be	AUX
ajbmeb-3194	44	42	chosen	choose	VERB
ajbmeb-3194	44	43	as	as	ADP
ajbmeb-3194	44	44	independent	independent	ADJ
ajbmeb-3194	44	45	variables	variable	NOUN
ajbmeb-3194	44	46	.	.	PUNCT
ajbmeb-3194	45	1	to	to	PART
ajbmeb-3194	45	2	evaluate	evaluate	VERB
ajbmeb-3194	45	3	the	the	DET
ajbmeb-3194	45	4	relationships	relationship	NOUN
ajbmeb-3194	45	5	between	between	ADP
ajbmeb-3194	45	6	these	these	DET
ajbmeb-3194	45	7	factors	factor	NOUN
ajbmeb-3194	45	8	and	and	CCONJ
ajbmeb-3194	45	9	npl	npl	NOUN
ajbmeb-3194	45	10	dynamics	dynamic	NOUN
ajbmeb-3194	45	11	,	,	PUNCT
ajbmeb-3194	45	12	the	the	DET
ajbmeb-3194	45	13	pearson	pearson	PROPN
ajbmeb-3194	45	14	correlation	correlation	NOUN
ajbmeb-3194	45	15	coefficient	coefficient	NOUN
ajbmeb-3194	45	16	(	(	PUNCT
ajbmeb-3194	45	17	r	r	NOUN
ajbmeb-3194	45	18	)	)	PUNCT
ajbmeb-3194	45	19	was	be	AUX
ajbmeb-3194	45	20	applied	apply	VERB
ajbmeb-3194	45	21	to	to	PART
ajbmeb-3194	45	22	measure	measure	VERB
ajbmeb-3194	45	23	both	both	CCONJ
ajbmeb-3194	45	24	the	the	DET
ajbmeb-3194	45	25	strength	strength	NOUN
ajbmeb-3194	45	26	and	and	CCONJ
ajbmeb-3194	45	27	direction	direction	NOUN
ajbmeb-3194	45	28	of	of	ADP
ajbmeb-3194	45	29	the	the	DET
ajbmeb-3194	45	30	correlations	correlation	NOUN
ajbmeb-3194	45	31	.	.	PUNCT
ajbmeb-3194	46	1	this	this	DET
ajbmeb-3194	46	2	approach	approach	NOUN
ajbmeb-3194	46	3	made	make	VERB
ajbmeb-3194	46	4	it	it	PRON
ajbmeb-3194	46	5	possible	possible	ADJ
ajbmeb-3194	46	6	to	to	PART
ajbmeb-3194	46	7	identify	identify	VERB
ajbmeb-3194	46	8	the	the	DET
ajbmeb-3194	46	9	most	most	ADV
ajbmeb-3194	46	10	statistically	statistically	ADV
ajbmeb-3194	46	11	significant	significant	ADJ
ajbmeb-3194	46	12	indicators	indicator	NOUN
ajbmeb-3194	46	13	affecting	affect	VERB
ajbmeb-3194	46	14	the	the	DET
ajbmeb-3194	46	15	level	level	NOUN
ajbmeb-3194	46	16	of	of	ADP
ajbmeb-3194	46	17	nonperforming	nonperforme	VERB
ajbmeb-3194	46	18	loans	loan	NOUN
ajbmeb-3194	46	19	in	in	ADP
ajbmeb-3194	46	20	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	46	21	’s	’s	PART
ajbmeb-3194	46	22	banking	banking	NOUN
ajbmeb-3194	46	23	sector	sector	NOUN
ajbmeb-3194	46	24	table	table	NOUN
ajbmeb-3194	46	25	1	1	NUM
ajbmeb-3194	46	26	.	.	PUNCT
ajbmeb-3194	47	1	analysis	analysis	NOUN
ajbmeb-3194	47	2	of	of	ADP
ajbmeb-3194	47	3	the	the	DET
ajbmeb-3194	47	4	correlation	correlation	NOUN
ajbmeb-3194	47	5	between	between	ADP
ajbmeb-3194	47	6	npl	npl	PROPN
ajbmeb-3194	47	7	and	and	CCONJ
ajbmeb-3194	47	8	banking	banking	NOUN
ajbmeb-3194	47	9	system	system	NOUN
ajbmeb-3194	47	10	indicators	indicator	NOUN
ajbmeb-3194	47	11	1	1	NUM
ajbmeb-3194	47	12	correlation	correlation	NOUN
ajbmeb-3194	47	13	relationship	relationship	NOUN
ajbmeb-3194	47	14	probability	probability	NOUN
ajbmeb-3194	47	15	npl	npl	PROPN
ajbmeb-3194	47	16	(	(	PUNCT
ajbmeb-3194	47	17	y	y	NOUN
ajbmeb-3194	47	18	)	)	PUNCT
ajbmeb-3194	47	19	capital	capital	NOUN
ajbmeb-3194	47	20	adequacy	adequacy	NOUN
ajbmeb-3194	47	21	ratio	ratio	NOUN
ajbmeb-3194	47	22	(	(	PUNCT
ajbmeb-3194	47	23	x₁	x₁	PROPN
ajbmeb-3194	47	24	)	)	PUNCT
ajbmeb-3194	47	25	volume	volume	NOUN
ajbmeb-3194	47	26	of	of	ADP
ajbmeb-3194	47	27	time	time	NOUN
ajbmeb-3194	47	28	deposits	deposit	NOUN
ajbmeb-3194	47	29	(	(	PUNCT
ajbmeb-3194	47	30	x₂	x₂	ADJ
ajbmeb-3194	47	31	)	)	PUNCT
ajbmeb-3194	47	32	fixed	fix	VERB
ajbmeb-3194	47	33	capital	capital	NOUN
ajbmeb-3194	47	34	(	(	PUNCT
ajbmeb-3194	47	35	x₃	x₃	PROPN
ajbmeb-3194	47	36	)	)	PUNCT
ajbmeb-3194	47	37	highly	highly	ADV
ajbmeb-3194	47	38	liquid	liquid	ADJ
ajbmeb-3194	47	39	assets	asset	NOUN
ajbmeb-3194	47	40	(	(	PUNCT
ajbmeb-3194	47	41	x₄	x₄	NOUN
ajbmeb-3194	47	42	)	)	PUNCT
ajbmeb-3194	47	43	instant	instant	NOUN
ajbmeb-3194	47	44	liquidity	liquidity	NOUN
ajbmeb-3194	47	45	ratio	ratio	NOUN
ajbmeb-3194	47	46	(	(	PUNCT
ajbmeb-3194	47	47	x₅	x₅	PROPN
ajbmeb-3194	47	48	)	)	PUNCT
ajbmeb-3194	47	49	npl	npl	PROPN
ajbmeb-3194	47	50	y	y	PROPN
ajbmeb-3194	47	51	1.000000	1.000000	NUM
ajbmeb-3194	47	52	capital	capital	NOUN
ajbmeb-3194	47	53	adequacy	adequacy	NOUN
ajbmeb-3194	47	54	ratio	ratio	NOUN
ajbmeb-3194	47	55	(	(	PUNCT
ajbmeb-3194	47	56	x₁	x₁	PROPN
ajbmeb-3194	47	57	)	)	PUNCT
ajbmeb-3194	47	58	-0,7764	-0,7764	PROPN
ajbmeb-3194	48	1	1.000000	1.000000	NUM
ajbmeb-3194	48	2	volume	volume	NOUN
ajbmeb-3194	48	3	of	of	ADP
ajbmeb-3194	48	4	time	time	NOUN
ajbmeb-3194	48	5	deposits	deposit	NOUN
ajbmeb-3194	48	6	(	(	PUNCT
ajbmeb-3194	48	7	x₂	x₂	ADJ
ajbmeb-3194	48	8	)	)	PUNCT
ajbmeb-3194	48	9	0,8081	0,8081	PROPN
ajbmeb-3194	49	1	-0,5708	-0,5708	PROPN
ajbmeb-3194	49	2	1.000000	1.000000	NUM
ajbmeb-3194	49	3	fixed	fix	VERB
ajbmeb-3194	49	4	capital	capital	NOUN
ajbmeb-3194	49	5	(	(	PUNCT
ajbmeb-3194	49	6	x₃	x₃	PROPN
ajbmeb-3194	49	7	)	)	PUNCT
ajbmeb-3194	49	8	0,8010	0,8010	PROPN
ajbmeb-3194	50	1	-0,5533	-0,5533	PROPN
ajbmeb-3194	50	2	0,9872	0,9872	NOUN
ajbmeb-3194	50	3	1.000000	1.000000	NUM
ajbmeb-3194	50	4	highly	highly	ADV
ajbmeb-3194	50	5	liquid	liquid	ADJ
ajbmeb-3194	50	6	assets	asset	NOUN
ajbmeb-3194	50	7	(	(	PUNCT
ajbmeb-3194	50	8	x₄	x₄	PROPN
ajbmeb-3194	50	9	)	)	PUNCT
ajbmeb-3194	50	10	0,8253	0,8253	PRON
ajbmeb-3194	50	11	-0,6979	-0,6979	NOUN
ajbmeb-3194	50	12	0,8905	0,8905	VERB
ajbmeb-3194	50	13	0,8694	0,8694	NOUN
ajbmeb-3194	50	14	1.000000	1.000000	NUM
ajbmeb-3194	50	15	instant	instant	ADJ
ajbmeb-3194	50	16	liquidity	liquidity	NOUN
ajbmeb-3194	50	17	ratio	ratio	NOUN
ajbmeb-3194	50	18	(	(	PUNCT
ajbmeb-3194	50	19	x₅	x₅	PROPN
ajbmeb-3194	50	20	)	)	PUNCT
ajbmeb-3194	50	21	0,8451	0,8451	PRON
ajbmeb-3194	51	1	-0,7674	-0,7674	NUM
ajbmeb-3194	51	2	0,6932	0,6932	NUM
ajbmeb-3194	51	3	0,6864	0,6864	PROPN
ajbmeb-3194	51	4	0,8778	0,8778	X
ajbmeb-3194	51	5	1.000000	1.000000	NUM
ajbmeb-3194	51	6	1	1	NUM
ajbmeb-3194	51	7	calculated	calculate	VERB
ajbmeb-3194	51	8	using	use	VERB
ajbmeb-3194	51	9	gretl	gretl	ADJ
ajbmeb-3194	51	10	software	software	NOUN
ajbmeb-3194	51	11	.	.	PUNCT
ajbmeb-3194	52	1	american	american	ADJ
ajbmeb-3194	52	2	journal	journal	PROPN
ajbmeb-3194	52	3	of	of	ADP
ajbmeb-3194	52	4	business	business	NOUN
ajbmeb-3194	52	5	management	management	NOUN
ajbmeb-3194	52	6	,	,	PUNCT
ajbmeb-3194	52	7	economics	economic	NOUN
ajbmeb-3194	52	8	and	and	CCONJ
ajbmeb-3194	52	9	banking	banking	NOUN
ajbmeb-3194	52	10	volume	volume	NOUN
ajbmeb-3194	52	11	43	43	NUM
ajbmeb-3194	53	1	december2025	december2025	PROPN
ajbmeb-3194	53	2	p	p	PROPN
ajbmeb-3194	53	3	a	a	DET
ajbmeb-3194	53	4	g	g	NOUN
ajbmeb-3194	53	5	e	e	NOUN
ajbmeb-3194	54	1	|	|	ADV
ajbmeb-3194	54	2	16	16	NUM
ajbmeb-3194	54	3	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3194	54	4	based	base	VERB
ajbmeb-3194	54	5	on	on	ADP
ajbmeb-3194	54	6	the	the	DET
ajbmeb-3194	54	7	statistical	statistical	ADJ
ajbmeb-3194	54	8	table	table	NOUN
ajbmeb-3194	54	9	at	at	ADP
ajbmeb-3194	54	10	the	the	DET
ajbmeb-3194	54	11	5	5	NUM
ajbmeb-3194	54	12	percent	percent	NOUN
ajbmeb-3194	54	13	significance	significance	NOUN
ajbmeb-3194	54	14	level	level	NOUN
ajbmeb-3194	54	15	,	,	PUNCT
ajbmeb-3194	54	16	the	the	DET
ajbmeb-3194	54	17	coefficients	coefficient	NOUN
ajbmeb-3194	54	18	of	of	ADP
ajbmeb-3194	54	19	the	the	DET
ajbmeb-3194	54	20	pearson	pearson	NOUN
ajbmeb-3194	54	21	correlation	correlation	NOUN
ajbmeb-3194	54	22	(	(	PUNCT
ajbmeb-3194	54	23	r	r	NOUN
ajbmeb-3194	54	24	)	)	PUNCT
ajbmeb-3194	54	25	were	be	AUX
ajbmeb-3194	54	26	found	find	VERB
ajbmeb-3194	54	27	to	to	PART
ajbmeb-3194	54	28	be	be	AUX
ajbmeb-3194	54	29	statistically	statistically	ADV
ajbmeb-3194	54	30	significant	significant	ADJ
ajbmeb-3194	54	31	.	.	PUNCT
ajbmeb-3194	55	1	the	the	DET
ajbmeb-3194	55	2	correlation	correlation	NOUN
ajbmeb-3194	55	3	coefficients	coefficient	VERB
ajbmeb-3194	55	4	between	between	ADP
ajbmeb-3194	55	5	npls	npls	NOUN
ajbmeb-3194	55	6	and	and	CCONJ
ajbmeb-3194	55	7	the	the	DET
ajbmeb-3194	55	8	selected	select	VERB
ajbmeb-3194	55	9	indicators	indicator	NOUN
ajbmeb-3194	55	10	were	be	AUX
ajbmeb-3194	55	11	as	as	SCONJ
ajbmeb-3194	55	12	follows	follow	VERB
ajbmeb-3194	55	13	:	:	PUNCT
ajbmeb-3194	55	14	capital	capital	NOUN
ajbmeb-3194	55	15	adequacy	adequacy	NOUN
ajbmeb-3194	55	16	ratio	ratio	NOUN
ajbmeb-3194	55	17	–	–	PUNCT
ajbmeb-3194	55	18	–	–	PUNCT
ajbmeb-3194	55	19	0.7764	0.7764	NUM
ajbmeb-3194	55	20	,	,	PUNCT
ajbmeb-3194	55	21	volume	volume	NOUN
ajbmeb-3194	55	22	of	of	ADP
ajbmeb-3194	55	23	term	term	NOUN
ajbmeb-3194	55	24	deposits	deposit	NOUN
ajbmeb-3194	55	25	–	–	PUNCT
ajbmeb-3194	55	26	0.8081	0.8081	NUM
ajbmeb-3194	55	27	,	,	PUNCT
ajbmeb-3194	55	28	fixed	fix	VERB
ajbmeb-3194	55	29	capital	capital	NOUN
ajbmeb-3194	55	30	–	–	PUNCT
ajbmeb-3194	55	31	0.8010	0.8010	NUM
ajbmeb-3194	55	32	,	,	PUNCT
ajbmeb-3194	55	33	highly	highly	ADV
ajbmeb-3194	55	34	liquid	liquid	ADJ
ajbmeb-3194	55	35	assets	asset	NOUN
ajbmeb-3194	55	36	–	–	PUNCT
ajbmeb-3194	55	37	0.8253	0.8253	NUM
ajbmeb-3194	55	38	,	,	PUNCT
ajbmeb-3194	55	39	and	and	CCONJ
ajbmeb-3194	55	40	instant	instant	ADJ
ajbmeb-3194	55	41	liquidity	liquidity	NOUN
ajbmeb-3194	55	42	ratio	ratio	NOUN
ajbmeb-3194	55	43	–	–	PUNCT
ajbmeb-3194	55	44	0.8451	0.8451	NUM
ajbmeb-3194	55	45	.	.	PUNCT
ajbmeb-3194	56	1	when	when	SCONJ
ajbmeb-3194	56	2	selecting	select	VERB
ajbmeb-3194	56	3	explanatory	explanatory	ADJ
ajbmeb-3194	56	4	variables	variable	NOUN
ajbmeb-3194	56	5	for	for	ADP
ajbmeb-3194	56	6	regression	regression	NOUN
ajbmeb-3194	56	7	analysis	analysis	NOUN
ajbmeb-3194	56	8	,	,	PUNCT
ajbmeb-3194	56	9	it	it	PRON
ajbmeb-3194	56	10	is	be	AUX
ajbmeb-3194	56	11	essential	essential	ADJ
ajbmeb-3194	56	12	to	to	PART
ajbmeb-3194	56	13	ensure	ensure	VERB
ajbmeb-3194	56	14	that	that	SCONJ
ajbmeb-3194	56	15	these	these	DET
ajbmeb-3194	56	16	variables	variable	NOUN
ajbmeb-3194	56	17	are	be	AUX
ajbmeb-3194	56	18	not	not	PART
ajbmeb-3194	56	19	excessively	excessively	ADV
ajbmeb-3194	56	20	correlated	correlate	VERB
ajbmeb-3194	56	21	with	with	ADP
ajbmeb-3194	56	22	each	each	DET
ajbmeb-3194	56	23	other	other	ADJ
ajbmeb-3194	56	24	.	.	PUNCT
ajbmeb-3194	57	1	high	high	ADJ
ajbmeb-3194	57	2	levels	level	NOUN
ajbmeb-3194	57	3	of	of	ADP
ajbmeb-3194	57	4	multicollinearity	multicollinearity	NOUN
ajbmeb-3194	57	5	can	can	AUX
ajbmeb-3194	57	6	distort	distort	VERB
ajbmeb-3194	57	7	estimation	estimation	NOUN
ajbmeb-3194	57	8	results	result	NOUN
ajbmeb-3194	57	9	and	and	CCONJ
ajbmeb-3194	57	10	undermine	undermine	VERB
ajbmeb-3194	57	11	the	the	DET
ajbmeb-3194	57	12	statistical	statistical	ADJ
ajbmeb-3194	57	13	reliability	reliability	NOUN
ajbmeb-3194	57	14	of	of	ADP
ajbmeb-3194	57	15	the	the	DET
ajbmeb-3194	57	16	model	model	NOUN
ajbmeb-3194	57	17	.	.	PUNCT
ajbmeb-3194	58	1	in	in	ADP
ajbmeb-3194	58	2	particular	particular	ADJ
ajbmeb-3194	58	3	,	,	PUNCT
ajbmeb-3194	58	4	when	when	SCONJ
ajbmeb-3194	58	5	the	the	DET
ajbmeb-3194	58	6	correlation	correlation	NOUN
ajbmeb-3194	58	7	between	between	ADP
ajbmeb-3194	58	8	independent	independent	ADJ
ajbmeb-3194	58	9	variables	variable	NOUN
ajbmeb-3194	58	10	exceeds	exceed	VERB
ajbmeb-3194	58	11	their	their	PRON
ajbmeb-3194	58	12	correlation	correlation	NOUN
ajbmeb-3194	58	13	with	with	ADP
ajbmeb-3194	58	14	the	the	DET
ajbmeb-3194	58	15	dependent	dependent	ADJ
ajbmeb-3194	58	16	variable	variable	NOUN
ajbmeb-3194	58	17	,	,	PUNCT
ajbmeb-3194	58	18	the	the	DET
ajbmeb-3194	58	19	precision	precision	NOUN
ajbmeb-3194	58	20	and	and	CCONJ
ajbmeb-3194	58	21	interpretability	interpretability	NOUN
ajbmeb-3194	58	22	of	of	ADP
ajbmeb-3194	58	23	the	the	DET
ajbmeb-3194	58	24	estimated	estimate	VERB
ajbmeb-3194	58	25	coefficients	coefficient	NOUN
ajbmeb-3194	58	26	may	may	AUX
ajbmeb-3194	58	27	be	be	AUX
ajbmeb-3194	58	28	compromised	compromise	VERB
ajbmeb-3194	58	29	.	.	PUNCT
ajbmeb-3194	59	1	the	the	DET
ajbmeb-3194	59	2	correlation	correlation	NOUN
ajbmeb-3194	59	3	matrix	matrix	NOUN
ajbmeb-3194	59	4	reveals	reveal	VERB
ajbmeb-3194	59	5	a	a	DET
ajbmeb-3194	59	6	clear	clear	ADJ
ajbmeb-3194	59	7	multicollinearity	multicollinearity	NOUN
ajbmeb-3194	59	8	problem	problem	NOUN
ajbmeb-3194	59	9	among	among	ADP
ajbmeb-3194	59	10	the	the	DET
ajbmeb-3194	59	11	selected	select	VERB
ajbmeb-3194	59	12	indicators	indicator	NOUN
ajbmeb-3194	59	13	.	.	PUNCT
ajbmeb-3194	60	1	specifically	specifically	ADV
ajbmeb-3194	60	2	,	,	PUNCT
ajbmeb-3194	60	3	fixed	fixed	ADJ
ajbmeb-3194	60	4	capital	capital	NOUN
ajbmeb-3194	60	5	(	(	PUNCT
ajbmeb-3194	60	6	x₃	x₃	PROPN
ajbmeb-3194	60	7	)	)	PUNCT
ajbmeb-3194	60	8	)	)	PUNCT
ajbmeb-3194	60	9	exhibits	exhibit	VERB
ajbmeb-3194	60	10	a	a	DET
ajbmeb-3194	60	11	stronger	strong	ADJ
ajbmeb-3194	60	12	correlation	correlation	NOUN
ajbmeb-3194	60	13	with	with	ADP
ajbmeb-3194	60	14	the	the	DET
ajbmeb-3194	60	15	volume	volume	NOUN
ajbmeb-3194	60	16	of	of	ADP
ajbmeb-3194	60	17	term	term	NOUN
ajbmeb-3194	60	18	deposits	deposit	NOUN
ajbmeb-3194	60	19	(	(	PUNCT
ajbmeb-3194	60	20	x₂	x₂	ADJ
ajbmeb-3194	60	21	)	)	PUNCT
ajbmeb-3194	60	22	—	—	PUNCT
ajbmeb-3194	60	23	0.9872	0.9872	NUM
ajbmeb-3194	60	24	—	—	PUNCT
ajbmeb-3194	60	25	than	than	ADP
ajbmeb-3194	60	26	with	with	ADP
ajbmeb-3194	60	27	npl	npl	PROPN
ajbmeb-3194	60	28	itself	itself	PRON
ajbmeb-3194	60	29	.	.	PUNCT
ajbmeb-3194	61	1	likewise	likewise	ADV
ajbmeb-3194	61	2	,	,	PUNCT
ajbmeb-3194	61	3	highly	highly	ADV
ajbmeb-3194	61	4	liquid	liquid	ADJ
ajbmeb-3194	61	5	assets	asset	NOUN
ajbmeb-3194	61	6	(	(	PUNCT
ajbmeb-3194	61	7	x₄	x₄	PROPN
ajbmeb-3194	61	8	)	)	PUNCT
ajbmeb-3194	61	9	)	)	PUNCT
ajbmeb-3194	61	10	display	display	VERB
ajbmeb-3194	61	11	stronger	strong	ADJ
ajbmeb-3194	61	12	correlations	correlation	NOUN
ajbmeb-3194	61	13	with	with	ADP
ajbmeb-3194	61	14	term	term	NOUN
ajbmeb-3194	61	15	deposits	deposit	NOUN
ajbmeb-3194	61	16	(	(	PUNCT
ajbmeb-3194	61	17	0.8905	0.8905	NUM
ajbmeb-3194	61	18	)	)	PUNCT
ajbmeb-3194	61	19	and	and	CCONJ
ajbmeb-3194	61	20	fixed	fix	VERB
ajbmeb-3194	61	21	capital	capital	NOUN
ajbmeb-3194	61	22	(	(	PUNCT
ajbmeb-3194	61	23	0.8694	0.8694	NUM
ajbmeb-3194	61	24	)	)	PUNCT
ajbmeb-3194	61	25	than	than	ADP
ajbmeb-3194	61	26	with	with	ADP
ajbmeb-3194	61	27	npl	npl	PROPN
ajbmeb-3194	61	28	.	.	PUNCT
ajbmeb-3194	62	1	therefore	therefore	ADV
ajbmeb-3194	62	2	,	,	PUNCT
ajbmeb-3194	62	3	to	to	PART
ajbmeb-3194	62	4	mitigate	mitigate	VERB
ajbmeb-3194	62	5	multicollinearity	multicollinearity	NOUN
ajbmeb-3194	62	6	and	and	CCONJ
ajbmeb-3194	62	7	improve	improve	VERB
ajbmeb-3194	62	8	the	the	DET
ajbmeb-3194	62	9	robustness	robustness	NOUN
ajbmeb-3194	62	10	of	of	ADP
ajbmeb-3194	62	11	the	the	DET
ajbmeb-3194	62	12	regression	regression	NOUN
ajbmeb-3194	62	13	model	model	NOUN
ajbmeb-3194	62	14	,	,	PUNCT
ajbmeb-3194	62	15	the	the	DET
ajbmeb-3194	62	16	indicators	indicator	NOUN
ajbmeb-3194	62	17	for	for	ADP
ajbmeb-3194	62	18	fixed	fix	VERB
ajbmeb-3194	62	19	capital	capital	NOUN
ajbmeb-3194	62	20	and	and	CCONJ
ajbmeb-3194	62	21	highly	highly	ADV
ajbmeb-3194	62	22	liquid	liquid	ADJ
ajbmeb-3194	62	23	assets	asset	NOUN
ajbmeb-3194	62	24	were	be	AUX
ajbmeb-3194	62	25	excluded	exclude	VERB
ajbmeb-3194	62	26	.	.	PUNCT
ajbmeb-3194	63	1	pearson	pearson	PROPN
ajbmeb-3194	63	2	correlation	correlation	NOUN
ajbmeb-3194	63	3	analysis	analysis	NOUN
ajbmeb-3194	63	4	was	be	AUX
ajbmeb-3194	63	5	then	then	ADV
ajbmeb-3194	63	6	repeated	repeat	VERB
ajbmeb-3194	63	7	using	use	VERB
ajbmeb-3194	63	8	the	the	DET
ajbmeb-3194	63	9	remaining	remain	VERB
ajbmeb-3194	63	10	variables	variable	NOUN
ajbmeb-3194	63	11	to	to	PART
ajbmeb-3194	63	12	examine	examine	VERB
ajbmeb-3194	63	13	their	their	PRON
ajbmeb-3194	63	14	relationship	relationship	NOUN
ajbmeb-3194	63	15	with	with	ADP
ajbmeb-3194	63	16	the	the	DET
ajbmeb-3194	63	17	volume	volume	NOUN
ajbmeb-3194	63	18	of	of	ADP
ajbmeb-3194	63	19	nonperforming	nonperforme	VERB
ajbmeb-3194	63	20	loans	loan	NOUN
ajbmeb-3194	63	21	.	.	PUNCT
ajbmeb-3194	64	1	the	the	DET
ajbmeb-3194	64	2	updated	update	VERB
ajbmeb-3194	64	3	results	result	NOUN
ajbmeb-3194	64	4	are	be	AUX
ajbmeb-3194	64	5	presented	present	VERB
ajbmeb-3194	64	6	in	in	ADP
ajbmeb-3194	64	7	the	the	DET
ajbmeb-3194	64	8	following	follow	VERB
ajbmeb-3194	64	9	table	table	NOUN
ajbmeb-3194	64	10	.	.	PUNCT
ajbmeb-3194	65	1	table	table	NOUN
ajbmeb-3194	65	2	2	2	NUM
ajbmeb-3194	65	3	analysis	analysis	NOUN
ajbmeb-3194	65	4	of	of	ADP
ajbmeb-3194	65	5	the	the	DET
ajbmeb-3194	65	6	correlation	correlation	NOUN
ajbmeb-3194	65	7	between	between	ADP
ajbmeb-3194	65	8	npl	npl	PROPN
ajbmeb-3194	65	9	and	and	CCONJ
ajbmeb-3194	65	10	banking	banking	NOUN
ajbmeb-3194	65	11	system	system	NOUN
ajbmeb-3194	65	12	indicators	indicator	NOUN
ajbmeb-3194	65	13	2	2	NUM
ajbmeb-3194	65	14	корреляцион	корреляцион	ADJ
ajbmeb-3194	65	15	боғлиқлиги	боғлиқлиги	NUM
ajbmeb-3194	65	16	эҳтимоллилик	эҳтимоллилик	ADJ
ajbmeb-3194	65	17	npl(y	npl(y	NOUN
ajbmeb-3194	65	18	)	)	PUNCT
ajbmeb-3194	65	19	capital	capital	NOUN
ajbmeb-3194	65	20	adequacy	adequacy	NOUN
ajbmeb-3194	65	21	ratio	ratio	NOUN
ajbmeb-3194	65	22	(	(	PUNCT
ajbmeb-3194	65	23	x₁	x₁	PROPN
ajbmeb-3194	65	24	)	)	PUNCT
ajbmeb-3194	65	25	volume	volume	NOUN
ajbmeb-3194	65	26	of	of	ADP
ajbmeb-3194	65	27	time	time	NOUN
ajbmeb-3194	65	28	deposits	deposit	NOUN
ajbmeb-3194	65	29	(	(	PUNCT
ajbmeb-3194	65	30	x₂	x₂	ADJ
ajbmeb-3194	65	31	)	)	PUNCT
ajbmeb-3194	65	32	instant	instant	NOUN
ajbmeb-3194	65	33	liquidity	liquidity	NOUN
ajbmeb-3194	65	34	ratio	ratio	NOUN
ajbmeb-3194	65	35	(	(	PUNCT
ajbmeb-3194	65	36	x₅	x₅	PROPN
ajbmeb-3194	65	37	)	)	PUNCT
ajbmeb-3194	66	1	npl	npl	PROPN
ajbmeb-3194	66	2	y	y	PROPN
ajbmeb-3194	66	3	1.000000	1.000000	NUM
ajbmeb-3194	66	4	capital	capital	NOUN
ajbmeb-3194	66	5	adequacy	adequacy	NOUN
ajbmeb-3194	66	6	ratio	ratio	NOUN
ajbmeb-3194	66	7	(	(	PUNCT
ajbmeb-3194	66	8	x₁	x₁	PROPN
ajbmeb-3194	66	9	)	)	PUNCT
ajbmeb-3194	66	10	-0,7764	-0,7764	PROPN
ajbmeb-3194	67	1	1.000000	1.000000	NUM
ajbmeb-3194	67	2	volume	volume	NOUN
ajbmeb-3194	67	3	of	of	ADP
ajbmeb-3194	67	4	time	time	NOUN
ajbmeb-3194	67	5	deposits	deposit	NOUN
ajbmeb-3194	67	6	(	(	PUNCT
ajbmeb-3194	67	7	x₂	x₂	ADJ
ajbmeb-3194	67	8	)	)	PUNCT
ajbmeb-3194	67	9	0,8081	0,8081	PROPN
ajbmeb-3194	68	1	-0,5708	-0,5708	PROPN
ajbmeb-3194	68	2	1.000000	1.000000	NUM
ajbmeb-3194	68	3	instant	instant	ADJ
ajbmeb-3194	68	4	liquidity	liquidity	NOUN
ajbmeb-3194	68	5	ratio	ratio	NOUN
ajbmeb-3194	68	6	(	(	PUNCT
ajbmeb-3194	68	7	x₅	x₅	PROPN
ajbmeb-3194	68	8	)	)	PUNCT
ajbmeb-3194	69	1	0,8451	0,8451	PRON
ajbmeb-3194	69	2	-0,7674	-0,7674	NUM
ajbmeb-3194	69	3	0,6932	0,6932	NUM
ajbmeb-3194	69	4	1.000000	1.000000	NUM
ajbmeb-3194	69	5	based	base	VERB
ajbmeb-3194	69	6	on	on	ADP
ajbmeb-3194	69	7	the	the	DET
ajbmeb-3194	69	8	statistical	statistical	ADJ
ajbmeb-3194	69	9	table	table	NOUN
ajbmeb-3194	69	10	at	at	ADP
ajbmeb-3194	69	11	the	the	DET
ajbmeb-3194	69	12	5	5	NUM
ajbmeb-3194	69	13	percent	percent	NOUN
ajbmeb-3194	69	14	significance	significance	NOUN
ajbmeb-3194	69	15	level	level	NOUN
ajbmeb-3194	69	16	,	,	PUNCT
ajbmeb-3194	69	17	the	the	DET
ajbmeb-3194	69	18	coefficients	coefficient	NOUN
ajbmeb-3194	69	19	of	of	ADP
ajbmeb-3194	69	20	the	the	DET
ajbmeb-3194	69	21	pearson	pearson	NOUN
ajbmeb-3194	69	22	correlation	correlation	NOUN
ajbmeb-3194	69	23	(	(	PUNCT
ajbmeb-3194	69	24	r	r	NOUN
ajbmeb-3194	69	25	)	)	PUNCT
ajbmeb-3194	69	26	were	be	AUX
ajbmeb-3194	69	27	found	find	VERB
ajbmeb-3194	69	28	to	to	PART
ajbmeb-3194	69	29	be	be	AUX
ajbmeb-3194	69	30	statistically	statistically	ADV
ajbmeb-3194	69	31	significant	significant	ADJ
ajbmeb-3194	69	32	.	.	PUNCT
ajbmeb-3194	70	1	accordingly	accordingly	ADV
ajbmeb-3194	70	2	,	,	PUNCT
ajbmeb-3194	70	3	the	the	DET
ajbmeb-3194	70	4	correlations	correlation	NOUN
ajbmeb-3194	70	5	between	between	ADP
ajbmeb-3194	70	6	npls	npls	NOUN
ajbmeb-3194	70	7	and	and	CCONJ
ajbmeb-3194	70	8	the	the	DET
ajbmeb-3194	70	9	respective	respective	ADJ
ajbmeb-3194	70	10	indicators	indicator	NOUN
ajbmeb-3194	70	11	were	be	AUX
ajbmeb-3194	70	12	determined	determine	VERB
ajbmeb-3194	70	13	as	as	SCONJ
ajbmeb-3194	70	14	follows	follow	VERB
ajbmeb-3194	70	15	:	:	PUNCT
ajbmeb-3194	70	16	capital	capital	NOUN
ajbmeb-3194	70	17	adequacy	adequacy	NOUN
ajbmeb-3194	70	18	ratio	ratio	NOUN
ajbmeb-3194	70	19	–	–	PUNCT
ajbmeb-3194	70	20	–	–	PUNCT
ajbmeb-3194	70	21	0.7764	0.7764	NUM
ajbmeb-3194	70	22	,	,	PUNCT
ajbmeb-3194	70	23	volume	volume	NOUN
ajbmeb-3194	70	24	of	of	ADP
ajbmeb-3194	70	25	term	term	NOUN
ajbmeb-3194	70	26	deposits	deposit	NOUN
ajbmeb-3194	70	27	–	–	PUNCT
ajbmeb-3194	70	28	0.8081	0.8081	NUM
ajbmeb-3194	70	29	,	,	PUNCT
ajbmeb-3194	70	30	and	and	CCONJ
ajbmeb-3194	70	31	instant	instant	ADJ
ajbmeb-3194	70	32	liquidity	liquidity	NOUN
ajbmeb-3194	70	33	ratio	ratio	NOUN
ajbmeb-3194	70	34	–	–	PUNCT
ajbmeb-3194	70	35	0.8451	0.8451	NUM
ajbmeb-3194	70	36	.	.	PUNCT
ajbmeb-3194	71	1	4.2	4.2	NUM
ajbmeb-3194	71	2	static	static	ADJ
ajbmeb-3194	71	3	regression	regression	NOUN
ajbmeb-3194	71	4	model	model	NOUN
ajbmeb-3194	71	5	(	(	PUNCT
ajbmeb-3194	71	6	ols	ols	PROPN
ajbmeb-3194	71	7	)	)	PUNCT
ajbmeb-3194	71	8	the	the	DET
ajbmeb-3194	71	9	general	general	ADJ
ajbmeb-3194	71	10	form	form	NOUN
ajbmeb-3194	71	11	of	of	ADP
ajbmeb-3194	71	12	the	the	DET
ajbmeb-3194	71	13	multiple	multiple	ADJ
ajbmeb-3194	71	14	linear	linear	PROPN
ajbmeb-3194	71	15	regression	regression	NOUN
ajbmeb-3194	71	16	equation	equation	NOUN
ajbmeb-3194	71	17	can	can	AUX
ajbmeb-3194	71	18	be	be	AUX
ajbmeb-3194	71	19	expressed	express	VERB
ajbmeb-3194	71	20	as	as	ADP
ajbmeb-3194	71	21	:	:	PUNCT
ajbmeb-3194	71	22	y	y	PROPN
ajbmeb-3194	71	23	=	=	PUNCT
ajbmeb-3194	71	24	α	α	PROPN
ajbmeb-3194	71	25	+	+	X
ajbmeb-3194	71	26	β1x1	β1x1	PUNCT
ajbmeb-3194	72	1	+	+	NUM
ajbmeb-3194	72	2	β2x2	β2x2	PUNCT
ajbmeb-3194	72	3	+	+	CCONJ
ajbmeb-3194	72	4	β3x3	β3x3	PUNCT
ajbmeb-3194	72	5	+	+	NUM
ajbmeb-3194	72	6	β4x5	β4x5	X
ajbmeb-3194	72	7	+	+	CCONJ
ajbmeb-3194	72	8	⋯	⋯	VERB
ajbmeb-3194	72	9	+	+	NOUN
ajbmeb-3194	72	10	βnxn	βnxn	NOUN
ajbmeb-3194	72	11	+	+	CCONJ
ajbmeb-3194	72	12	εn	εn	ADJ
ajbmeb-3194	72	13	where	where	SCONJ
ajbmeb-3194	72	14	:	:	PUNCT
ajbmeb-3194	72	15	2	2	NUM
ajbmeb-3194	72	16	calculated	calculate	VERB
ajbmeb-3194	72	17	using	use	VERB
ajbmeb-3194	72	18	gretl	gretl	ADJ
ajbmeb-3194	72	19	software	software	NOUN
ajbmeb-3194	72	20	.	.	PUNCT
ajbmeb-3194	73	1	american	american	ADJ
ajbmeb-3194	73	2	journal	journal	PROPN
ajbmeb-3194	73	3	of	of	ADP
ajbmeb-3194	73	4	business	business	NOUN
ajbmeb-3194	73	5	management	management	NOUN
ajbmeb-3194	73	6	,	,	PUNCT
ajbmeb-3194	73	7	economics	economic	NOUN
ajbmeb-3194	73	8	and	and	CCONJ
ajbmeb-3194	73	9	banking	banking	NOUN
ajbmeb-3194	73	10	volume	volume	NOUN
ajbmeb-3194	73	11	43	43	NUM
ajbmeb-3194	74	1	december2025	december2025	PROPN
ajbmeb-3194	74	2	p	p	PROPN
ajbmeb-3194	74	3	a	a	DET
ajbmeb-3194	74	4	g	g	NOUN
ajbmeb-3194	74	5	e	e	NOUN
ajbmeb-3194	75	1	|	|	ADV
ajbmeb-3194	75	2	17	17	NUM
ajbmeb-3194	75	3	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3194	75	4	•	•	NUM
ajbmeb-3194	75	5	α	α	NOUN
ajbmeb-3194	75	6	−	−	PROPN
ajbmeb-3194	75	7	—	—	PUNCT
ajbmeb-3194	75	8	the	the	DET
ajbmeb-3194	75	9	constant	constant	ADJ
ajbmeb-3194	75	10	term	term	NOUN
ajbmeb-3194	75	11	,	,	PUNCT
ajbmeb-3194	75	12	representing	represent	VERB
ajbmeb-3194	75	13	the	the	DET
ajbmeb-3194	75	14	initial	initial	ADJ
ajbmeb-3194	75	15	value	value	NOUN
ajbmeb-3194	75	16	of	of	ADP
ajbmeb-3194	75	17	the	the	DET
ajbmeb-3194	75	18	dependent	dependent	ADJ
ajbmeb-3194	75	19	variable	variable	NOUN
ajbmeb-3194	75	20	when	when	SCONJ
ajbmeb-3194	75	21	all	all	DET
ajbmeb-3194	75	22	explanatory	explanatory	ADJ
ajbmeb-3194	75	23	variables	variable	NOUN
ajbmeb-3194	75	24	are	be	AUX
ajbmeb-3194	75	25	zero	zero	NUM
ajbmeb-3194	75	26	;	;	PUNCT
ajbmeb-3194	75	27	•	•	ADV
ajbmeb-3194	75	28	β1	β1	PROPN
ajbmeb-3194	75	29	,	,	PUNCT
ajbmeb-3194	75	30	β2	β2	VERB
ajbmeb-3194	75	31	,	,	PUNCT
ajbmeb-3194	75	32	…	…	PUNCT
ajbmeb-3194	75	33	βn	βn	NOUN
ajbmeb-3194	75	34	−	−	NOUN
ajbmeb-3194	75	35	—	—	PUNCT
ajbmeb-3194	75	36	the	the	DET
ajbmeb-3194	75	37	regression	regression	NOUN
ajbmeb-3194	75	38	coefficients	coefficient	NOUN
ajbmeb-3194	75	39	that	that	PRON
ajbmeb-3194	75	40	measure	measure	VERB
ajbmeb-3194	75	41	the	the	DET
ajbmeb-3194	75	42	magnitude	magnitude	NOUN
ajbmeb-3194	75	43	and	and	CCONJ
ajbmeb-3194	75	44	direction	direction	NOUN
ajbmeb-3194	75	45	of	of	ADP
ajbmeb-3194	75	46	the	the	DET
ajbmeb-3194	75	47	impact	impact	NOUN
ajbmeb-3194	75	48	of	of	ADP
ajbmeb-3194	75	49	each	each	DET
ajbmeb-3194	75	50	independent	independent	ADJ
ajbmeb-3194	75	51	variable	variable	NOUN
ajbmeb-3194	75	52	on	on	ADP
ajbmeb-3194	75	53	the	the	DET
ajbmeb-3194	75	54	dependent	dependent	ADJ
ajbmeb-3194	75	55	variable	variable	NOUN
ajbmeb-3194	75	56	;	;	PUNCT
ajbmeb-3194	75	57	•	•	NOUN
ajbmeb-3194	75	58	x1	x1	PROPN
ajbmeb-3194	75	59	,	,	PUNCT
ajbmeb-3194	75	60	x2	x2	PROPN
ajbmeb-3194	75	61	,	,	PUNCT
ajbmeb-3194	75	62	…	…	PUNCT
ajbmeb-3194	75	63	xn	xn	PUNCT
ajbmeb-3194	75	64	—	—	PUNCT
ajbmeb-3194	75	65	the	the	DET
ajbmeb-3194	75	66	explanatory	explanatory	ADJ
ajbmeb-3194	75	67	(	(	PUNCT
ajbmeb-3194	75	68	independent	independent	ADJ
ajbmeb-3194	75	69	)	)	PUNCT
ajbmeb-3194	75	70	variables	variable	NOUN
ajbmeb-3194	75	71	;	;	PUNCT
ajbmeb-3194	75	72	•	•	X
ajbmeb-3194	75	73	εn	εn	ADP
ajbmeb-3194	75	74	−	−	PROPN
ajbmeb-3194	75	75	—	—	PUNCT
ajbmeb-3194	75	76	the	the	DET
ajbmeb-3194	75	77	error	error	NOUN
ajbmeb-3194	75	78	term	term	NOUN
ajbmeb-3194	75	79	capturing	capture	VERB
ajbmeb-3194	75	80	unobserved	unobserved	ADJ
ajbmeb-3194	75	81	factors	factor	NOUN
ajbmeb-3194	75	82	that	that	PRON
ajbmeb-3194	75	83	may	may	AUX
ajbmeb-3194	75	84	influence	influence	VERB
ajbmeb-3194	75	85	the	the	DET
ajbmeb-3194	75	86	dependent	dependent	ADJ
ajbmeb-3194	75	87	variable	variable	NOUN
ajbmeb-3194	75	88	.	.	PUNCT
ajbmeb-3194	76	1	using	use	VERB
ajbmeb-3194	76	2	the	the	DET
ajbmeb-3194	76	3	factors	factor	NOUN
ajbmeb-3194	76	4	that	that	PRON
ajbmeb-3194	76	5	exhibited	exhibit	VERB
ajbmeb-3194	76	6	significant	significant	ADJ
ajbmeb-3194	76	7	correlations	correlation	NOUN
ajbmeb-3194	76	8	with	with	ADP
ajbmeb-3194	76	9	npls	npls	NOUN
ajbmeb-3194	76	10	,	,	PUNCT
ajbmeb-3194	76	11	a	a	DET
ajbmeb-3194	76	12	probabilistic	probabilistic	ADJ
ajbmeb-3194	76	13	regression	regression	NOUN
ajbmeb-3194	76	14	analysis	analysis	NOUN
ajbmeb-3194	76	15	was	be	AUX
ajbmeb-3194	76	16	carried	carry	VERB
ajbmeb-3194	76	17	out	out	ADP
ajbmeb-3194	76	18	to	to	PART
ajbmeb-3194	76	19	estimate	estimate	VERB
ajbmeb-3194	76	20	the	the	DET
ajbmeb-3194	76	21	relationship	relationship	NOUN
ajbmeb-3194	76	22	between	between	ADP
ajbmeb-3194	76	23	non	non	ADJ
ajbmeb-3194	76	24	-	-	ADJ
ajbmeb-3194	76	25	performing	performing	ADJ
ajbmeb-3194	76	26	loans	loan	NOUN
ajbmeb-3194	76	27	and	and	CCONJ
ajbmeb-3194	76	28	the	the	DET
ajbmeb-3194	76	29	selected	select	VERB
ajbmeb-3194	76	30	explanatory	explanatory	ADJ
ajbmeb-3194	76	31	variables	variable	NOUN
ajbmeb-3194	76	32	.	.	PUNCT
ajbmeb-3194	77	1	this	this	DET
ajbmeb-3194	77	2	step	step	NOUN
ajbmeb-3194	77	3	allowed	allow	VERB
ajbmeb-3194	77	4	for	for	ADP
ajbmeb-3194	77	5	quantifying	quantify	VERB
ajbmeb-3194	77	6	the	the	DET
ajbmeb-3194	77	7	marginal	marginal	ADJ
ajbmeb-3194	77	8	effects	effect	NOUN
ajbmeb-3194	77	9	of	of	ADP
ajbmeb-3194	77	10	key	key	ADJ
ajbmeb-3194	77	11	banking	banking	NOUN
ajbmeb-3194	77	12	indicators	indicator	NOUN
ajbmeb-3194	77	13	on	on	ADP
ajbmeb-3194	77	14	npl	npl	PROPN
ajbmeb-3194	77	15	dynamics	dynamic	NOUN
ajbmeb-3194	77	16	while	while	SCONJ
ajbmeb-3194	77	17	controlling	control	VERB
ajbmeb-3194	77	18	for	for	ADP
ajbmeb-3194	77	19	potential	potential	ADJ
ajbmeb-3194	77	20	noise	noise	NOUN
ajbmeb-3194	77	21	in	in	ADP
ajbmeb-3194	77	22	the	the	DET
ajbmeb-3194	77	23	data	datum	NOUN
ajbmeb-3194	77	24	table	table	NOUN
ajbmeb-3194	77	25	3	3	NUM
ajbmeb-3194	77	26	regression	regression	NOUN
ajbmeb-3194	77	27	statistical	statistical	ADJ
ajbmeb-3194	77	28	analysis	analysis	NOUN
ajbmeb-3194	77	29	of	of	ADP
ajbmeb-3194	77	30	npl	npl	NOUN
ajbmeb-3194	77	31	and	and	CCONJ
ajbmeb-3194	77	32	its	its	PRON
ajbmeb-3194	77	33	influencing	influence	VERB
ajbmeb-3194	77	34	factors	factor	NOUN
ajbmeb-3194	77	35	(	(	PUNCT
ajbmeb-3194	77	36	model	model	NOUN
ajbmeb-3194	77	37	1))3	1))3	NUM
ajbmeb-3194	77	38	dependent	dependent	ADJ
ajbmeb-3194	77	39	variable	variable	NOUN
ajbmeb-3194	77	40	:	:	PUNCT
ajbmeb-3194	77	41	npl	npl	PROPN
ajbmeb-3194	77	42	method	method	NOUN
ajbmeb-3194	77	43	:	:	PUNCT
ajbmeb-3194	77	44	least	least	ADJ
ajbmeb-3194	77	45	squares	square	NOUN
ajbmeb-3194	77	46	sample	sample	NOUN
ajbmeb-3194	77	47	(	(	PUNCT
ajbmeb-3194	77	48	adjusted	adjust	VERB
ajbmeb-3194	77	49	):	):	PUNCT
ajbmeb-3194	77	50	2020:01	2020:01	NUM
ajbmeb-3194	77	51	-	-	PUNCT
ajbmeb-3194	77	52	2025:01	2025:01	NUM
ajbmeb-3194	77	53	(	(	PUNCT
ajbmeb-3194	77	54	t	t	NOUN
ajbmeb-3194	77	55	=	=	SYM
ajbmeb-3194	77	56	61	61	NUM
ajbmeb-3194	77	57	)	)	PUNCT
ajbmeb-3194	77	58	included	include	VERB
ajbmeb-3194	77	59	observations	observation	NOUN
ajbmeb-3194	77	60	61	61	NUM
ajbmeb-3194	77	61	variables	variable	NOUN
ajbmeb-3194	77	62	coefficient	coefficient	VERB
ajbmeb-3194	77	63	std	std	PROPN
ajbmeb-3194	77	64	.	.	PUNCT
ajbmeb-3194	77	65	error	error	NOUN
ajbmeb-3194	77	66	tstatistic	tstatistic	ADJ
ajbmeb-3194	77	67	prob	prob	NOUN
ajbmeb-3194	77	68	.	.	PUNCT
ajbmeb-3194	78	1	c	c	PROPN
ajbmeb-3194	78	2	16552,0	16552,0	PROPN
ajbmeb-3194	79	1	6464,73	6464,73	PROPN
ajbmeb-3194	79	2	2,560	2,560	NUM
ajbmeb-3194	79	3	0,0131	0,0131	NUM
ajbmeb-3194	80	1	*	*	PUNCT
ajbmeb-3194	80	2	*	*	PUNCT
ajbmeb-3194	80	3	capital	capital	NOUN
ajbmeb-3194	80	4	adequacy	adequacy	NOUN
ajbmeb-3194	80	5	ratio	ratio	NOUN
ajbmeb-3194	80	6	(	(	PUNCT
ajbmeb-3194	80	7	x₁	x₁	PROPN
ajbmeb-3194	80	8	)	)	PUNCT
ajbmeb-3194	80	9	−877,229	−877,229	PROPN
ajbmeb-3194	81	1	267,157	267,157	NUM
ajbmeb-3194	81	2	−3,284	−3,284	NUM
ajbmeb-3194	81	3	0,0018	0,0018	NOUN
ajbmeb-3194	81	4	*	*	PUNCT
ajbmeb-3194	81	5	*	*	PUNCT
ajbmeb-3194	81	6	*	*	PUNCT
ajbmeb-3194	81	7	volume	volume	NOUN
ajbmeb-3194	81	8	of	of	ADP
ajbmeb-3194	81	9	time	time	NOUN
ajbmeb-3194	81	10	deposits	deposit	NOUN
ajbmeb-3194	81	11	(	(	PUNCT
ajbmeb-3194	81	12	x₂	x₂	NOUN
ajbmeb-3194	81	13	)	)	PUNCT
ajbmeb-3194	81	14	0,0578580	0,0578580	VERB
ajbmeb-3194	81	15	0,0104818	0,0104818	NOUN
ajbmeb-3194	81	16	5,520	5,520	NUM
ajbmeb-3194	81	17	8,67e-07	8,67e-07	NOUN
ajbmeb-3194	81	18	*	*	PUNCT
ajbmeb-3194	81	19	*	*	PUNCT
ajbmeb-3194	81	20	*	*	PUNCT
ajbmeb-3194	81	21	instant	instant	ADJ
ajbmeb-3194	81	22	liquidity	liquidity	NOUN
ajbmeb-3194	81	23	ratio	ratio	NOUN
ajbmeb-3194	81	24	(	(	PUNCT
ajbmeb-3194	81	25	x₅	x₅	PROPN
ajbmeb-3194	81	26	)	)	PUNCT
ajbmeb-3194	81	27	98,1541	98,1541	NUM
ajbmeb-3194	82	1	26,2621	26,2621	NUM
ajbmeb-3194	82	2	3,737	3,737	NUM
ajbmeb-3194	82	3	0,0004	0,0004	PUNCT
ajbmeb-3194	82	4	*	*	PUNCT
ajbmeb-3194	82	5	*	*	PUNCT
ajbmeb-3194	82	6	*	*	PUNCT
ajbmeb-3194	82	7	rsquared	rsquared	ADJ
ajbmeb-3194	82	8	0,839672	0,839672	PROPN
ajbmeb-3194	82	9	s.d	s.d	PROPN
ajbmeb-3194	82	10	.	.	PROPN
ajbmeb-3194	82	11	of	of	ADP
ajbmeb-3194	82	12	dependent	dependent	ADJ
ajbmeb-3194	82	13	variable	variable	ADJ
ajbmeb-3194	82	14	5683,958	5683,958	NUM
ajbmeb-3194	82	15	sum	sum	NOUN
ajbmeb-3194	82	16	of	of	ADP
ajbmeb-3194	82	17	squared	square	VERB
ajbmeb-3194	82	18	residuals	residual	NOUN
ajbmeb-3194	82	19	3,11e+08	3,11e+08	NUM
ajbmeb-3194	82	20	s.e	s.e	PROPN
ajbmeb-3194	82	21	.	.	PROPN
ajbmeb-3194	82	22	of	of	ADP
ajbmeb-3194	82	23	regression	regression	PROPN
ajbmeb-3194	82	24	2335,040	2335,040	NUM
ajbmeb-3194	82	25	f(3	f(3	PROPN
ajbmeb-3194	82	26	,	,	PUNCT
ajbmeb-3194	82	27	57	57	NUM
ajbmeb-3194	82	28	)	)	PUNCT
ajbmeb-3194	82	29	99,50674	99,50674	NUM
ajbmeb-3194	82	30	adjusted	adjust	VERB
ajbmeb-3194	82	31	r	r	NOUN
ajbmeb-3194	82	32	-	-	PUNCT
ajbmeb-3194	82	33	squared	square	VERB
ajbmeb-3194	82	34	0,831233	0,831233	NOUN
ajbmeb-3194	82	35	log	log	NOUN
ajbmeb-3194	82	36	-	-	PUNCT
ajbmeb-3194	82	37	likelihood	likelihood	NOUN
ajbmeb-3194	82	38	−557,5895	−557,5895	NOUN
ajbmeb-3194	82	39	prob(f	prob(f	NOUN
ajbmeb-3194	82	40	-	-	PUNCT
ajbmeb-3194	82	41	statistic	statistic	NOUN
ajbmeb-3194	82	42	)	)	PUNCT
ajbmeb-3194	82	43	1,24e-22	1,24e-22	NOUN
ajbmeb-3194	82	44	schwarz	schwarz	NOUN
ajbmeb-3194	82	45	criterion	criterion	NOUN
ajbmeb-3194	82	46	(	(	PUNCT
ajbmeb-3194	82	47	sc	sc	PROPN
ajbmeb-3194	82	48	)	)	PUNCT
ajbmeb-3194	82	49	1131,623	1131,623	NUM
ajbmeb-3194	82	50	akaike	akaike	ADJ
ajbmeb-3194	82	51	information	information	NOUN
ajbmeb-3194	82	52	criterion	criterion	NOUN
ajbmeb-3194	82	53	(	(	PUNCT
ajbmeb-3194	82	54	aic	aic	PROPN
ajbmeb-3194	82	55	)	)	PUNCT
ajbmeb-3194	82	56	1123,179	1123,179	NUM
ajbmeb-3194	82	57	ρ	ρ	PROPN
ajbmeb-3194	82	58	(	(	PUNCT
ajbmeb-3194	82	59	rho	rho	ADJ
ajbmeb-3194	82	60	)	)	PUNCT
ajbmeb-3194	82	61	parameter	parameter	NOUN
ajbmeb-3194	82	62	0,881792	0,881792	PROPN
ajbmeb-3194	82	63	hannan	hannan	PROPN
ajbmeb-3194	82	64	–	–	PUNCT
ajbmeb-3194	82	65	quinn	quinn	NOUN
ajbmeb-3194	82	66	criterion	criterion	NOUN
ajbmeb-3194	82	67	(	(	PUNCT
ajbmeb-3194	82	68	hqc	hqc	PROPN
ajbmeb-3194	82	69	)	)	PUNCT
ajbmeb-3194	82	70	1126,488	1126,488	NUM
ajbmeb-3194	82	71	mean	mean	NOUN
ajbmeb-3194	82	72	of	of	ADP
ajbmeb-3194	82	73	dependent	dependent	ADJ
ajbmeb-3194	82	74	variable	variable	ADJ
ajbmeb-3194	82	75	14712,60	14712,60	NUM
ajbmeb-3194	82	76	durbin	durbin	ADJ
ajbmeb-3194	82	77	–	–	PUNCT
ajbmeb-3194	82	78	watson	watson	PROPN
ajbmeb-3194	82	79	statistic	statistic	PROPN
ajbmeb-3194	82	80	0,240215	0,240215	VERB
ajbmeb-3194	82	81	based	base	VERB
ajbmeb-3194	82	82	on	on	ADP
ajbmeb-3194	82	83	the	the	DET
ajbmeb-3194	82	84	regression	regression	NOUN
ajbmeb-3194	82	85	statistical	statistical	ADJ
ajbmeb-3194	82	86	analysis	analysis	NOUN
ajbmeb-3194	82	87	of	of	ADP
ajbmeb-3194	82	88	npl	npl	NOUN
ajbmeb-3194	82	89	and	and	CCONJ
ajbmeb-3194	82	90	its	its	PRON
ajbmeb-3194	82	91	influencing	influence	VERB
ajbmeb-3194	82	92	factors	factor	NOUN
ajbmeb-3194	82	93	,	,	PUNCT
ajbmeb-3194	82	94	the	the	DET
ajbmeb-3194	82	95	regression	regression	NOUN
ajbmeb-3194	82	96	equation	equation	NOUN
ajbmeb-3194	82	97	can	can	AUX
ajbmeb-3194	82	98	be	be	AUX
ajbmeb-3194	82	99	constructed	construct	VERB
ajbmeb-3194	82	100	as	as	SCONJ
ajbmeb-3194	82	101	follows	follow	VERB
ajbmeb-3194	82	102	:	:	PUNCT
ajbmeb-3194	82	103	y	y	NOUN
ajbmeb-3194	82	104	=	=	SYM
ajbmeb-3194	82	105	16	16	NUM
ajbmeb-3194	82	106	552−877,229	552−877,229	NUM
ajbmeb-3194	82	107	∗	∗	NOUN
ajbmeb-3194	82	108	x1	x1	PROPN
ajbmeb-3194	83	1	+	+	NUM
ajbmeb-3194	83	2	0,0578	0,0578	NOUN
ajbmeb-3194	83	3	∗	∗	VERB
ajbmeb-3194	83	4	x2	x2	PROPN
ajbmeb-3194	84	1	+	+	CCONJ
ajbmeb-3194	84	2	98,1541	98,1541	NUM
ajbmeb-3194	84	3	∗	∗	NOUN
ajbmeb-3194	84	4	x5	x5	NOUN
ajbmeb-3194	84	5	+	+	CCONJ
ajbmeb-3194	84	6	ε	ε	PROPN
ajbmeb-3194	84	7	3	3	NUM
ajbmeb-3194	84	8	calculated	calculate	VERB
ajbmeb-3194	84	9	using	use	VERB
ajbmeb-3194	84	10	gretl	gretl	ADJ
ajbmeb-3194	84	11	software	software	NOUN
ajbmeb-3194	84	12	.	.	PUNCT
ajbmeb-3194	85	1	american	american	ADJ
ajbmeb-3194	85	2	journal	journal	PROPN
ajbmeb-3194	85	3	of	of	ADP
ajbmeb-3194	85	4	business	business	NOUN
ajbmeb-3194	85	5	management	management	NOUN
ajbmeb-3194	85	6	,	,	PUNCT
ajbmeb-3194	85	7	economics	economic	NOUN
ajbmeb-3194	85	8	and	and	CCONJ
ajbmeb-3194	85	9	banking	banking	NOUN
ajbmeb-3194	85	10	volume	volume	NOUN
ajbmeb-3194	85	11	43	43	NUM
ajbmeb-3194	86	1	december2025	december2025	PROPN
ajbmeb-3194	86	2	p	p	PROPN
ajbmeb-3194	86	3	a	a	DET
ajbmeb-3194	86	4	g	g	NOUN
ajbmeb-3194	86	5	e	e	NOUN
ajbmeb-3194	86	6	|	|	ADV
ajbmeb-3194	86	7	18	18	NUM
ajbmeb-3194	86	8	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3194	86	9	in	in	ADP
ajbmeb-3194	86	10	this	this	DET
ajbmeb-3194	86	11	regression	regression	NOUN
ajbmeb-3194	86	12	model	model	NOUN
ajbmeb-3194	86	13	,	,	PUNCT
ajbmeb-3194	86	14	all	all	DET
ajbmeb-3194	86	15	the	the	DET
ajbmeb-3194	86	16	variables	variable	NOUN
ajbmeb-3194	86	17	are	be	AUX
ajbmeb-3194	86	18	statistically	statistically	ADV
ajbmeb-3194	86	19	significant	significant	ADJ
ajbmeb-3194	86	20	at	at	ADP
ajbmeb-3194	86	21	the	the	DET
ajbmeb-3194	86	22	5	5	NUM
ajbmeb-3194	86	23	percent	percent	NOUN
ajbmeb-3194	86	24	significance	significance	NOUN
ajbmeb-3194	86	25	level	level	NOUN
ajbmeb-3194	86	26	:	:	PUNCT
ajbmeb-3194	86	27	•	•	NUM
ajbmeb-3194	86	28	capital	capital	NOUN
ajbmeb-3194	86	29	adequacy	adequacy	NOUN
ajbmeb-3194	86	30	ratio	ratio	NOUN
ajbmeb-3194	86	31	(	(	PUNCT
ajbmeb-3194	86	32	p	p	NOUN
ajbmeb-3194	86	33	=	=	PROPN
ajbmeb-3194	86	34	0.0018	0.0018	NUM
ajbmeb-3194	86	35	<	<	NOUN
ajbmeb-3194	86	36	0.005	0.005	NUM
ajbmeb-3194	86	37	)	)	PUNCT
ajbmeb-3194	86	38	,	,	PUNCT
ajbmeb-3194	86	39	•	•	NUM
ajbmeb-3194	86	40	volume	volume	NOUN
ajbmeb-3194	86	41	of	of	ADP
ajbmeb-3194	86	42	time	time	NOUN
ajbmeb-3194	86	43	deposits	deposit	NOUN
ajbmeb-3194	86	44	(	(	PUNCT
ajbmeb-3194	86	45	p	p	X
ajbmeb-3194	86	46	=	=	SYM
ajbmeb-3194	86	47	8.67e–07	8.67e–07	NUM
ajbmeb-3194	86	48	<	<	X
ajbmeb-3194	86	49	0.005	0.005	NUM
ajbmeb-3194	86	50	)	)	PUNCT
ajbmeb-3194	86	51	,	,	PUNCT
ajbmeb-3194	86	52	•	•	X
ajbmeb-3194	86	53	instant	instant	NOUN
ajbmeb-3194	86	54	liquidity	liquidity	NOUN
ajbmeb-3194	86	55	ratio	ratio	NOUN
ajbmeb-3194	86	56	(	(	PUNCT
ajbmeb-3194	86	57	p	p	NOUN
ajbmeb-3194	86	58	=	=	PUNCT
ajbmeb-3194	86	59	0.0004	0.0004	NUM
ajbmeb-3194	86	60	<	<	NOUN
ajbmeb-3194	86	61	0.005	0.005	NUM
ajbmeb-3194	86	62	)	)	PUNCT
ajbmeb-3194	86	63	.	.	PUNCT
ajbmeb-3194	87	1	this	this	PRON
ajbmeb-3194	87	2	indicates	indicate	VERB
ajbmeb-3194	87	3	that	that	SCONJ
ajbmeb-3194	87	4	each	each	PRON
ajbmeb-3194	87	5	of	of	ADP
ajbmeb-3194	87	6	these	these	DET
ajbmeb-3194	87	7	factors	factor	NOUN
ajbmeb-3194	87	8	has	have	VERB
ajbmeb-3194	87	9	a	a	DET
ajbmeb-3194	87	10	significant	significant	ADJ
ajbmeb-3194	87	11	impact	impact	NOUN
ajbmeb-3194	87	12	on	on	ADP
ajbmeb-3194	87	13	the	the	DET
ajbmeb-3194	87	14	volume	volume	NOUN
ajbmeb-3194	87	15	of	of	ADP
ajbmeb-3194	87	16	non	non	ADJ
ajbmeb-3194	87	17	-	-	ADJ
ajbmeb-3194	87	18	performing	performing	ADJ
ajbmeb-3194	87	19	loans	loan	NOUN
ajbmeb-3194	87	20	(	(	PUNCT
ajbmeb-3194	87	21	npl	npl	NOUN
ajbmeb-3194	87	22	)	)	PUNCT
ajbmeb-3194	87	23	.	.	PUNCT
ajbmeb-3194	88	1	specifically	specifically	ADV
ajbmeb-3194	88	2	:	:	PUNCT
ajbmeb-3194	88	3	•	•	ADP
ajbmeb-3194	88	4	a	a	DET
ajbmeb-3194	88	5	1	1	NUM
ajbmeb-3194	88	6	%	%	NOUN
ajbmeb-3194	88	7	increase	increase	NOUN
ajbmeb-3194	88	8	in	in	ADP
ajbmeb-3194	88	9	the	the	DET
ajbmeb-3194	88	10	capital	capital	NOUN
ajbmeb-3194	88	11	adequacy	adequacy	NOUN
ajbmeb-3194	88	12	ratio	ratio	NOUN
ajbmeb-3194	88	13	reduces	reduce	VERB
ajbmeb-3194	88	14	the	the	DET
ajbmeb-3194	88	15	volume	volume	NOUN
ajbmeb-3194	88	16	of	of	ADP
ajbmeb-3194	88	17	non	non	ADJ
ajbmeb-3194	88	18	-	-	ADJ
ajbmeb-3194	88	19	performing	performing	ADJ
ajbmeb-3194	88	20	loans	loan	NOUN
ajbmeb-3194	88	21	by	by	ADP
ajbmeb-3194	88	22	approximately	approximately	ADV
ajbmeb-3194	88	23	877.229	877.229	NUM
ajbmeb-3194	88	24	billion	billion	NUM
ajbmeb-3194	88	25	uzs	uzs	NOUN
ajbmeb-3194	88	26	;	;	PUNCT
ajbmeb-3194	88	27	•	•	ADP
ajbmeb-3194	88	28	a	a	DET
ajbmeb-3194	88	29	1	1	NUM
ajbmeb-3194	88	30	billion	billion	NUM
ajbmeb-3194	88	31	uzs	uzs	NOUN
ajbmeb-3194	88	32	increase	increase	NOUN
ajbmeb-3194	88	33	in	in	ADP
ajbmeb-3194	88	34	the	the	DET
ajbmeb-3194	88	35	volume	volume	NOUN
ajbmeb-3194	88	36	of	of	ADP
ajbmeb-3194	88	37	time	time	NOUN
ajbmeb-3194	88	38	deposits	deposit	NOUN
ajbmeb-3194	88	39	leads	lead	VERB
ajbmeb-3194	88	40	to	to	ADP
ajbmeb-3194	88	41	an	an	DET
ajbmeb-3194	88	42	increase	increase	NOUN
ajbmeb-3194	88	43	in	in	ADP
ajbmeb-3194	88	44	non	non	ADJ
ajbmeb-3194	88	45	-	-	ADJ
ajbmeb-3194	88	46	performing	performing	ADJ
ajbmeb-3194	88	47	loans	loan	NOUN
ajbmeb-3194	88	48	by	by	ADP
ajbmeb-3194	88	49	about	about	ADV
ajbmeb-3194	88	50	57.8	57.8	NUM
ajbmeb-3194	88	51	million	million	NUM
ajbmeb-3194	88	52	uzs	uzs	NOUN
ajbmeb-3194	88	53	;	;	PUNCT
ajbmeb-3194	88	54	•	•	ADP
ajbmeb-3194	88	55	a	a	DET
ajbmeb-3194	88	56	1	1	NUM
ajbmeb-3194	88	57	%	%	NOUN
ajbmeb-3194	88	58	increase	increase	NOUN
ajbmeb-3194	88	59	in	in	ADP
ajbmeb-3194	88	60	the	the	DET
ajbmeb-3194	88	61	instant	instant	ADJ
ajbmeb-3194	88	62	liquidity	liquidity	NOUN
ajbmeb-3194	88	63	ratio	ratio	NOUN
ajbmeb-3194	88	64	results	result	NOUN
ajbmeb-3194	88	65	in	in	ADP
ajbmeb-3194	88	66	an	an	DET
ajbmeb-3194	88	67	increase	increase	NOUN
ajbmeb-3194	88	68	in	in	ADP
ajbmeb-3194	88	69	non	non	ADJ
ajbmeb-3194	88	70	-	-	ADJ
ajbmeb-3194	88	71	performing	performing	ADJ
ajbmeb-3194	88	72	loans	loan	NOUN
ajbmeb-3194	88	73	by	by	ADP
ajbmeb-3194	88	74	approximately	approximately	ADV
ajbmeb-3194	88	75	98.1541	98.1541	NUM
ajbmeb-3194	88	76	billion	billion	NUM
ajbmeb-3194	88	77	uzs	uzs	NOUN
ajbmeb-3194	88	78	.	.	PUNCT
ajbmeb-3194	89	1	hence	hence	ADV
ajbmeb-3194	89	2	,	,	PUNCT
ajbmeb-3194	89	3	the	the	DET
ajbmeb-3194	89	4	results	result	NOUN
ajbmeb-3194	89	5	suggest	suggest	VERB
ajbmeb-3194	89	6	that	that	SCONJ
ajbmeb-3194	89	7	while	while	SCONJ
ajbmeb-3194	89	8	strengthening	strengthen	VERB
ajbmeb-3194	89	9	capital	capital	NOUN
ajbmeb-3194	89	10	adequacy	adequacy	NOUN
ajbmeb-3194	89	11	contributes	contribute	VERB
ajbmeb-3194	89	12	to	to	ADP
ajbmeb-3194	89	13	a	a	DET
ajbmeb-3194	89	14	reduction	reduction	NOUN
ajbmeb-3194	89	15	in	in	ADP
ajbmeb-3194	89	16	credit	credit	NOUN
ajbmeb-3194	89	17	risk	risk	NOUN
ajbmeb-3194	89	18	,	,	PUNCT
ajbmeb-3194	89	19	the	the	DET
ajbmeb-3194	89	20	growth	growth	NOUN
ajbmeb-3194	89	21	in	in	ADP
ajbmeb-3194	89	22	time	time	NOUN
ajbmeb-3194	89	23	deposits	deposit	NOUN
ajbmeb-3194	89	24	and	and	CCONJ
ajbmeb-3194	89	25	higher	high	ADJ
ajbmeb-3194	89	26	liquidity	liquidity	NOUN
ajbmeb-3194	89	27	levels	level	NOUN
ajbmeb-3194	89	28	may	may	AUX
ajbmeb-3194	89	29	,	,	PUNCT
ajbmeb-3194	89	30	under	under	ADP
ajbmeb-3194	89	31	certain	certain	ADJ
ajbmeb-3194	89	32	conditions	condition	NOUN
ajbmeb-3194	89	33	,	,	PUNCT
ajbmeb-3194	89	34	be	be	AUX
ajbmeb-3194	89	35	associated	associate	VERB
ajbmeb-3194	89	36	with	with	ADP
ajbmeb-3194	89	37	an	an	DET
ajbmeb-3194	89	38	increase	increase	NOUN
ajbmeb-3194	89	39	in	in	ADP
ajbmeb-3194	89	40	non	non	ADJ
ajbmeb-3194	89	41	-	-	ADJ
ajbmeb-3194	89	42	performing	performing	ADJ
ajbmeb-3194	89	43	loans	loan	NOUN
ajbmeb-3194	89	44	in	in	ADP
ajbmeb-3194	89	45	the	the	DET
ajbmeb-3194	89	46	banking	banking	NOUN
ajbmeb-3194	89	47	sector	sector	NOUN
ajbmeb-3194	89	48	.	.	PUNCT
ajbmeb-3194	90	1	to	to	PART
ajbmeb-3194	90	2	determine	determine	VERB
ajbmeb-3194	90	3	the	the	DET
ajbmeb-3194	90	4	statistical	statistical	ADJ
ajbmeb-3194	90	5	reliability	reliability	NOUN
ajbmeb-3194	90	6	of	of	ADP
ajbmeb-3194	90	7	the	the	DET
ajbmeb-3194	90	8	above	above	ADJ
ajbmeb-3194	90	9	model	model	NOUN
ajbmeb-3194	90	10	,	,	PUNCT
ajbmeb-3194	90	11	the	the	DET
ajbmeb-3194	90	12	akaike	akaike	ADJ
ajbmeb-3194	90	13	information	information	NOUN
ajbmeb-3194	90	14	criterion	criterion	NOUN
ajbmeb-3194	90	15	(	(	PUNCT
ajbmeb-3194	90	16	aic	aic	PROPN
ajbmeb-3194	90	17	)	)	PUNCT
ajbmeb-3194	90	18	and	and	CCONJ
ajbmeb-3194	90	19	the	the	DET
ajbmeb-3194	90	20	schwarz	schwarz	PROPN
ajbmeb-3194	90	21	criterion	criterion	NOUN
ajbmeb-3194	90	22	(	(	PUNCT
ajbmeb-3194	90	23	sc	sc	NOUN
ajbmeb-3194	90	24	)	)	PUNCT
ajbmeb-3194	90	25	were	be	AUX
ajbmeb-3194	90	26	examined	examine	VERB
ajbmeb-3194	90	27	,	,	PUNCT
ajbmeb-3194	90	28	along	along	ADP
ajbmeb-3194	90	29	with	with	ADP
ajbmeb-3194	90	30	tests	test	NOUN
ajbmeb-3194	90	31	for	for	ADP
ajbmeb-3194	90	32	the	the	DET
ajbmeb-3194	90	33	presence	presence	NOUN
ajbmeb-3194	90	34	of	of	ADP
ajbmeb-3194	90	35	firstand	firstand	NOUN
ajbmeb-3194	90	36	second	second	ADJ
ajbmeb-3194	90	37	-	-	PUNCT
ajbmeb-3194	90	38	order	order	NOUN
ajbmeb-3194	90	39	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	90	40	in	in	ADP
ajbmeb-3194	90	41	the	the	DET
ajbmeb-3194	90	42	residuals	residual	NOUN
ajbmeb-3194	90	43	.	.	PUNCT
ajbmeb-3194	91	1	based	base	VERB
ajbmeb-3194	91	2	on	on	ADP
ajbmeb-3194	91	3	the	the	DET
ajbmeb-3194	91	4	5	5	NUM
ajbmeb-3194	91	5	percent	percent	NOUN
ajbmeb-3194	91	6	significance	significance	NOUN
ajbmeb-3194	91	7	level	level	NOUN
ajbmeb-3194	91	8	from	from	ADP
ajbmeb-3194	91	9	the	the	DET
ajbmeb-3194	91	10	durbin	durbin	ADJ
ajbmeb-3194	91	11	–	–	PUNCT
ajbmeb-3194	91	12	watson	watson	NOUN
ajbmeb-3194	91	13	statistical	statistical	ADJ
ajbmeb-3194	91	14	table	table	NOUN
ajbmeb-3194	91	15	,	,	PUNCT
ajbmeb-3194	91	16	the	the	DET
ajbmeb-3194	91	17	condition	condition	NOUN
ajbmeb-3194	91	18	for	for	ADP
ajbmeb-3194	91	19	the	the	DET
ajbmeb-3194	91	20	absence	absence	NOUN
ajbmeb-3194	91	21	of	of	ADP
ajbmeb-3194	91	22	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	91	23	is	be	AUX
ajbmeb-3194	91	24	considered	consider	VERB
ajbmeb-3194	91	25	to	to	PART
ajbmeb-3194	91	26	hold	hold	VERB
ajbmeb-3194	91	27	when	when	SCONJ
ajbmeb-3194	91	28	1.54	1.54	NUM
ajbmeb-3194	91	29	<	<	X
ajbmeb-3194	91	30	dw	dw	X
ajbmeb-3194	91	31	<	<	X
ajbmeb-3194	91	32	2.46	2.46	NUM
ajbmeb-3194	91	33	.	.	PUNCT
ajbmeb-3194	92	1	from	from	ADP
ajbmeb-3194	92	2	the	the	DET
ajbmeb-3194	92	3	regression	regression	NOUN
ajbmeb-3194	92	4	results	result	NOUN
ajbmeb-3194	92	5	above	above	ADV
ajbmeb-3194	92	6	,	,	PUNCT
ajbmeb-3194	92	7	the	the	DET
ajbmeb-3194	92	8	durbin	durbin	ADJ
ajbmeb-3194	92	9	–	–	PUNCT
ajbmeb-3194	92	10	watson	watson	PROPN
ajbmeb-3194	92	11	statistic	statistic	PROPN
ajbmeb-3194	92	12	(	(	PUNCT
ajbmeb-3194	92	13	dw	dw	NOUN
ajbmeb-3194	92	14	)	)	PUNCT
ajbmeb-3194	92	15	is	be	AUX
ajbmeb-3194	92	16	0.240215	0.240215	NUM
ajbmeb-3194	92	17	,	,	PUNCT
ajbmeb-3194	92	18	which	which	PRON
ajbmeb-3194	92	19	is	be	AUX
ajbmeb-3194	92	20	far	far	ADV
ajbmeb-3194	92	21	below	below	ADP
ajbmeb-3194	92	22	the	the	DET
ajbmeb-3194	92	23	lower	low	ADJ
ajbmeb-3194	92	24	threshold	threshold	NOUN
ajbmeb-3194	92	25	of	of	ADP
ajbmeb-3194	92	26	1.54	1.54	NUM
ajbmeb-3194	92	27	.	.	PUNCT
ajbmeb-3194	93	1	this	this	PRON
ajbmeb-3194	93	2	indicates	indicate	VERB
ajbmeb-3194	93	3	the	the	DET
ajbmeb-3194	93	4	presence	presence	NOUN
ajbmeb-3194	93	5	of	of	ADP
ajbmeb-3194	93	6	strong	strong	ADJ
ajbmeb-3194	93	7	positive	positive	ADJ
ajbmeb-3194	93	8	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	93	9	between	between	ADP
ajbmeb-3194	93	10	the	the	DET
ajbmeb-3194	93	11	residuals	residual	NOUN
ajbmeb-3194	93	12	of	of	ADP
ajbmeb-3194	93	13	the	the	DET
ajbmeb-3194	93	14	model	model	NOUN
ajbmeb-3194	93	15	.	.	PUNCT
ajbmeb-3194	94	1	in	in	ADP
ajbmeb-3194	94	2	practical	practical	ADJ
ajbmeb-3194	94	3	terms	term	NOUN
ajbmeb-3194	94	4	,	,	PUNCT
ajbmeb-3194	94	5	this	this	PRON
ajbmeb-3194	94	6	means	mean	VERB
ajbmeb-3194	94	7	that	that	SCONJ
ajbmeb-3194	94	8	the	the	DET
ajbmeb-3194	94	9	residuals	residual	NOUN
ajbmeb-3194	94	10	(	(	PUNCT
ajbmeb-3194	94	11	errors	error	NOUN
ajbmeb-3194	94	12	)	)	PUNCT
ajbmeb-3194	94	13	from	from	ADP
ajbmeb-3194	94	14	one	one	NUM
ajbmeb-3194	94	15	period	period	NOUN
ajbmeb-3194	94	16	are	be	AUX
ajbmeb-3194	94	17	highly	highly	ADV
ajbmeb-3194	94	18	correlated	correlate	VERB
ajbmeb-3194	94	19	with	with	ADP
ajbmeb-3194	94	20	those	those	PRON
ajbmeb-3194	94	21	from	from	ADP
ajbmeb-3194	94	22	the	the	DET
ajbmeb-3194	94	23	next	next	ADJ
ajbmeb-3194	94	24	period	period	NOUN
ajbmeb-3194	94	25	—	—	PUNCT
ajbmeb-3194	94	26	suggesting	suggest	VERB
ajbmeb-3194	94	27	that	that	SCONJ
ajbmeb-3194	94	28	important	important	ADJ
ajbmeb-3194	94	29	time	time	NOUN
ajbmeb-3194	94	30	-	-	PUNCT
ajbmeb-3194	94	31	dependent	dependent	ADJ
ajbmeb-3194	94	32	dynamics	dynamic	NOUN
ajbmeb-3194	94	33	may	may	AUX
ajbmeb-3194	94	34	not	not	PART
ajbmeb-3194	94	35	have	have	AUX
ajbmeb-3194	94	36	been	be	AUX
ajbmeb-3194	94	37	fully	fully	ADV
ajbmeb-3194	94	38	captured	capture	VERB
ajbmeb-3194	94	39	by	by	ADP
ajbmeb-3194	94	40	the	the	DET
ajbmeb-3194	94	41	model	model	NOUN
ajbmeb-3194	94	42	.	.	PUNCT
ajbmeb-3194	95	1	to	to	PART
ajbmeb-3194	95	2	address	address	VERB
ajbmeb-3194	95	3	this	this	DET
ajbmeb-3194	95	4	issue	issue	NOUN
ajbmeb-3194	95	5	,	,	PUNCT
ajbmeb-3194	95	6	methods	method	NOUN
ajbmeb-3194	95	7	such	such	ADJ
ajbmeb-3194	95	8	as	as	ADP
ajbmeb-3194	95	9	including	include	VERB
ajbmeb-3194	95	10	lagged	lag	VERB
ajbmeb-3194	95	11	variables	variable	NOUN
ajbmeb-3194	95	12	,	,	PUNCT
ajbmeb-3194	95	13	applying	apply	VERB
ajbmeb-3194	95	14	autoregressive	autoregressive	ADJ
ajbmeb-3194	95	15	models	model	NOUN
ajbmeb-3194	95	16	(	(	PUNCT
ajbmeb-3194	95	17	ar(1	ar(1	NOUN
ajbmeb-3194	95	18	)	)	PUNCT
ajbmeb-3194	95	19	)	)	PUNCT
ajbmeb-3194	95	20	,	,	PUNCT
ajbmeb-3194	95	21	or	or	CCONJ
ajbmeb-3194	95	22	using	use	VERB
ajbmeb-3194	95	23	the	the	DET
ajbmeb-3194	95	24	cochrane	cochrane	NOUN
ajbmeb-3194	95	25	–	–	PUNCT
ajbmeb-3194	95	26	orcutt	orcutt	NOUN
ajbmeb-3194	95	27	or	or	CCONJ
ajbmeb-3194	95	28	generalized	generalize	VERB
ajbmeb-3194	95	29	least	least	ADJ
ajbmeb-3194	95	30	squares	square	NOUN
ajbmeb-3194	95	31	(	(	PUNCT
ajbmeb-3194	95	32	gls	gls	NOUN
ajbmeb-3194	95	33	)	)	PUNCT
ajbmeb-3194	95	34	correction	correction	NOUN
ajbmeb-3194	95	35	procedures	procedure	NOUN
ajbmeb-3194	95	36	can	can	AUX
ajbmeb-3194	95	37	be	be	AUX
ajbmeb-3194	95	38	employed	employ	VERB
ajbmeb-3194	95	39	to	to	PART
ajbmeb-3194	95	40	reduce	reduce	VERB
ajbmeb-3194	95	41	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	95	42	and	and	CCONJ
ajbmeb-3194	95	43	improve	improve	VERB
ajbmeb-3194	95	44	the	the	DET
ajbmeb-3194	95	45	reliability	reliability	NOUN
ajbmeb-3194	95	46	of	of	ADP
ajbmeb-3194	95	47	the	the	DET
ajbmeb-3194	95	48	regression	regression	NOUN
ajbmeb-3194	95	49	estimates	estimate	NOUN
ajbmeb-3194	95	50	.	.	PUNCT
ajbmeb-3194	96	1	to	to	PART
ajbmeb-3194	96	2	test	test	VERB
ajbmeb-3194	96	3	for	for	ADP
ajbmeb-3194	96	4	the	the	DET
ajbmeb-3194	96	5	presence	presence	NOUN
ajbmeb-3194	96	6	of	of	ADP
ajbmeb-3194	96	7	heteroskedasticity	heteroskedasticity	NOUN
ajbmeb-3194	96	8	in	in	ADP
ajbmeb-3194	96	9	the	the	DET
ajbmeb-3194	96	10	residuals	residual	NOUN
ajbmeb-3194	96	11	of	of	ADP
ajbmeb-3194	96	12	the	the	DET
ajbmeb-3194	96	13	selected	select	VERB
ajbmeb-3194	96	14	regression	regression	NOUN
ajbmeb-3194	96	15	model	model	NOUN
ajbmeb-3194	96	16	,	,	PUNCT
ajbmeb-3194	96	17	the	the	DET
ajbmeb-3194	96	18	breusch	breusch	NOUN
ajbmeb-3194	96	19	–	–	PUNCT
ajbmeb-3194	96	20	pagan	pagan	ADJ
ajbmeb-3194	96	21	(	(	PUNCT
ajbmeb-3194	96	22	bp	bp	PROPN
ajbmeb-3194	96	23	)	)	PUNCT
ajbmeb-3194	96	24	test	test	NOUN
ajbmeb-3194	96	25	is	be	AUX
ajbmeb-3194	96	26	applied	apply	VERB
ajbmeb-3194	96	27	.	.	PUNCT
ajbmeb-3194	97	1	in	in	ADP
ajbmeb-3194	97	2	this	this	DET
ajbmeb-3194	97	3	test	test	NOUN
ajbmeb-3194	97	4	,	,	PUNCT
ajbmeb-3194	97	5	the	the	DET
ajbmeb-3194	97	6	null	null	ADJ
ajbmeb-3194	97	7	hypothesis	hypothesis	NOUN
ajbmeb-3194	97	8	(	(	PUNCT
ajbmeb-3194	97	9	h₀	h₀	NOUN
ajbmeb-3194	97	10	)	)	PUNCT
ajbmeb-3194	97	11	states	state	VERB
ajbmeb-3194	97	12	that	that	DET
ajbmeb-3194	97	13	heteroskedasticity	heteroskedasticity	NOUN
ajbmeb-3194	97	14	is	be	AUX
ajbmeb-3194	97	15	not	not	PART
ajbmeb-3194	97	16	present	present	ADJ
ajbmeb-3194	97	17	—	—	PUNCT
ajbmeb-3194	97	18	meaning	mean	VERB
ajbmeb-3194	97	19	that	that	SCONJ
ajbmeb-3194	97	20	the	the	DET
ajbmeb-3194	97	21	residuals	residual	NOUN
ajbmeb-3194	97	22	have	have	VERB
ajbmeb-3194	97	23	constant	constant	ADJ
ajbmeb-3194	97	24	variance	variance	NOUN
ajbmeb-3194	97	25	(	(	PUNCT
ajbmeb-3194	97	26	homoskedasticity	homoskedasticity	NOUN
ajbmeb-3194	97	27	)	)	PUNCT
ajbmeb-3194	97	28	.	.	PUNCT
ajbmeb-3194	98	1	the	the	DET
ajbmeb-3194	98	2	interpretation	interpretation	NOUN
ajbmeb-3194	98	3	of	of	ADP
ajbmeb-3194	98	4	the	the	DET
ajbmeb-3194	98	5	test	test	NOUN
ajbmeb-3194	98	6	results	result	NOUN
ajbmeb-3194	98	7	is	be	AUX
ajbmeb-3194	98	8	as	as	SCONJ
ajbmeb-3194	98	9	follows	follow	VERB
ajbmeb-3194	98	10	:	:	PUNCT
ajbmeb-3194	98	11	•	•	ADP
ajbmeb-3194	98	12	if	if	SCONJ
ajbmeb-3194	98	13	p	p	NOUN
ajbmeb-3194	98	14	-	-	PUNCT
ajbmeb-3194	98	15	value	value	NOUN
ajbmeb-3194	98	16	>	>	NOUN
ajbmeb-3194	98	17	0.05	0.05	NUM
ajbmeb-3194	98	18	,	,	PUNCT
ajbmeb-3194	98	19	we	we	PRON
ajbmeb-3194	98	20	fail	fail	VERB
ajbmeb-3194	98	21	to	to	PART
ajbmeb-3194	98	22	reject	reject	VERB
ajbmeb-3194	98	23	h₀	h₀	NOUN
ajbmeb-3194	98	24	,	,	PUNCT
ajbmeb-3194	98	25	indicating	indicate	VERB
ajbmeb-3194	98	26	that	that	SCONJ
ajbmeb-3194	98	27	heteroskedasticity	heteroskedasticity	NOUN
ajbmeb-3194	98	28	is	be	AUX
ajbmeb-3194	98	29	not	not	PART
ajbmeb-3194	98	30	present	present	ADJ
ajbmeb-3194	98	31	,	,	PUNCT
ajbmeb-3194	98	32	and	and	CCONJ
ajbmeb-3194	98	33	the	the	DET
ajbmeb-3194	98	34	model	model	NOUN
ajbmeb-3194	98	35	’s	’s	PART
ajbmeb-3194	98	36	random	random	ADJ
ajbmeb-3194	98	37	errors	error	NOUN
ajbmeb-3194	98	38	are	be	AUX
ajbmeb-3194	98	39	homoskedastic	homoskedastic	ADJ
ajbmeb-3194	98	40	.	.	PUNCT
ajbmeb-3194	99	1	•	•	INTJ
ajbmeb-3194	99	2	if	if	SCONJ
ajbmeb-3194	99	3	p	p	NOUN
ajbmeb-3194	99	4	-	-	PUNCT
ajbmeb-3194	99	5	value	value	NOUN
ajbmeb-3194	99	6	≤	≤	NOUN
ajbmeb-3194	99	7	0.05	0.05	NUM
ajbmeb-3194	100	1	,	,	PUNCT
ajbmeb-3194	100	2	we	we	PRON
ajbmeb-3194	100	3	reject	reject	VERB
ajbmeb-3194	100	4	h₀	h₀	NOUN
ajbmeb-3194	100	5	,	,	PUNCT
ajbmeb-3194	100	6	which	which	PRON
ajbmeb-3194	100	7	implies	imply	VERB
ajbmeb-3194	100	8	that	that	DET
ajbmeb-3194	100	9	heteroskedasticity	heteroskedasticity	NOUN
ajbmeb-3194	100	10	is	be	AUX
ajbmeb-3194	100	11	present	present	ADJ
ajbmeb-3194	100	12	—	—	PUNCT
ajbmeb-3194	100	13	the	the	DET
ajbmeb-3194	100	14	variance	variance	NOUN
ajbmeb-3194	100	15	of	of	ADP
ajbmeb-3194	100	16	the	the	DET
ajbmeb-3194	100	17	residuals	residual	NOUN
ajbmeb-3194	100	18	is	be	AUX
ajbmeb-3194	100	19	not	not	PART
ajbmeb-3194	100	20	constant	constant	ADJ
ajbmeb-3194	100	21	,	,	PUNCT
ajbmeb-3194	100	22	and	and	CCONJ
ajbmeb-3194	100	23	this	this	PRON
ajbmeb-3194	100	24	may	may	AUX
ajbmeb-3194	100	25	affect	affect	VERB
ajbmeb-3194	100	26	the	the	DET
ajbmeb-3194	100	27	reliability	reliability	NOUN
ajbmeb-3194	100	28	of	of	ADP
ajbmeb-3194	100	29	the	the	DET
ajbmeb-3194	100	30	estimated	estimate	VERB
ajbmeb-3194	100	31	coefficients	coefficient	NOUN
ajbmeb-3194	100	32	.	.	PUNCT
ajbmeb-3194	101	1	thus	thus	ADV
ajbmeb-3194	101	2	,	,	PUNCT
ajbmeb-3194	101	3	the	the	DET
ajbmeb-3194	101	4	breusch	breusch	PROPN
ajbmeb-3194	101	5	–	–	PUNCT
ajbmeb-3194	101	6	pagan	pagan	ADJ
ajbmeb-3194	101	7	test	test	NOUN
ajbmeb-3194	101	8	helps	help	VERB
ajbmeb-3194	101	9	to	to	PART
ajbmeb-3194	101	10	confirm	confirm	VERB
ajbmeb-3194	101	11	whether	whether	SCONJ
ajbmeb-3194	101	12	the	the	DET
ajbmeb-3194	101	13	assumption	assumption	NOUN
ajbmeb-3194	101	14	of	of	ADP
ajbmeb-3194	101	15	equal	equal	ADJ
ajbmeb-3194	101	16	error	error	NOUN
ajbmeb-3194	101	17	variance	variance	NOUN
ajbmeb-3194	101	18	holds	hold	VERB
ajbmeb-3194	101	19	for	for	ADP
ajbmeb-3194	101	20	the	the	DET
ajbmeb-3194	101	21	selected	select	VERB
ajbmeb-3194	101	22	regression	regression	NOUN
ajbmeb-3194	101	23	model	model	NOUN
ajbmeb-3194	101	24	,	,	PUNCT
ajbmeb-3194	101	25	ensuring	ensure	VERB
ajbmeb-3194	101	26	the	the	DET
ajbmeb-3194	101	27	statistical	statistical	ADJ
ajbmeb-3194	101	28	robustness	robustness	NOUN
ajbmeb-3194	101	29	of	of	ADP
ajbmeb-3194	101	30	the	the	DET
ajbmeb-3194	101	31	estimation	estimation	NOUN
ajbmeb-3194	101	32	results	result	NOUN
ajbmeb-3194	101	33	.	.	PUNCT
ajbmeb-3194	102	1	american	american	ADJ
ajbmeb-3194	102	2	journal	journal	PROPN
ajbmeb-3194	102	3	of	of	ADP
ajbmeb-3194	102	4	business	business	NOUN
ajbmeb-3194	102	5	management	management	NOUN
ajbmeb-3194	102	6	,	,	PUNCT
ajbmeb-3194	102	7	economics	economic	NOUN
ajbmeb-3194	102	8	and	and	CCONJ
ajbmeb-3194	102	9	banking	banking	NOUN
ajbmeb-3194	102	10	volume	volume	NOUN
ajbmeb-3194	102	11	43	43	NUM
ajbmeb-3194	103	1	december2025	december2025	PROPN
ajbmeb-3194	103	2	p	p	PROPN
ajbmeb-3194	103	3	a	a	DET
ajbmeb-3194	103	4	g	g	NOUN
ajbmeb-3194	103	5	e	e	NOUN
ajbmeb-3194	103	6	|	|	ADV
ajbmeb-3194	103	7	19	19	NUM
ajbmeb-3194	103	8	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3194	103	9	table	table	NOUN
ajbmeb-3194	103	10	4	4	NUM
ajbmeb-3194	103	11	breusch	breusch	ADV
ajbmeb-3194	103	12	–	–	PUNCT
ajbmeb-3194	103	13	pagan	pagan	ADJ
ajbmeb-3194	103	14	test	test	NOUN
ajbmeb-3194	103	15	results	result	NOUN
ajbmeb-3194	103	16	for	for	ADP
ajbmeb-3194	103	17	the	the	DET
ajbmeb-3194	103	18	selected	select	VERB
ajbmeb-3194	103	19	regression	regression	NOUN
ajbmeb-3194	103	20	model	model	NOUN
ajbmeb-3194	103	21	of	of	ADP
ajbmeb-3194	103	22	npl	npl	PROPN
ajbmeb-3194	103	23	and	and	CCONJ
ajbmeb-3194	103	24	its	its	PRON
ajbmeb-3194	103	25	influencing	influence	VERB
ajbmeb-3194	103	26	factors	factor	NOUN
ajbmeb-3194	103	27	4	4	NUM
ajbmeb-3194	103	28	.	.	PUNCT
ajbmeb-3194	104	1	breusch	breusch	PROPN
ajbmeb-3194	104	2	–	–	PUNCT
ajbmeb-3194	104	3	pagan	pagan	ADJ
ajbmeb-3194	104	4	test	test	NOUN
ajbmeb-3194	104	5	results	result	NOUN
ajbmeb-3194	104	6	for	for	ADP
ajbmeb-3194	104	7	the	the	DET
ajbmeb-3194	104	8	selected	select	VERB
ajbmeb-3194	104	9	regression	regression	NOUN
ajbmeb-3194	104	10	model	model	NOUN
ajbmeb-3194	104	11	(	(	PUNCT
ajbmeb-3194	104	12	second	second	ADJ
ajbmeb-3194	104	13	-	-	PUNCT
ajbmeb-3194	104	14	order	order	NOUN
ajbmeb-3194	104	15	heteroskedasticity	heteroskedasticity	NOUN
ajbmeb-3194	104	16	)	)	PUNCT
ajbmeb-3194	104	17	method	method	NOUN
ajbmeb-3194	104	18	:	:	PUNCT
ajbmeb-3194	104	19	least	least	ADJ
ajbmeb-3194	104	20	squares	square	NOUN
ajbmeb-3194	104	21	sample	sample	NOUN
ajbmeb-3194	104	22	(	(	PUNCT
ajbmeb-3194	104	23	adjusted	adjust	VERB
ajbmeb-3194	104	24	):	):	PUNCT
ajbmeb-3194	104	25	2020:01	2020:01	NUM
ajbmeb-3194	104	26	-	-	PUNCT
ajbmeb-3194	104	27	2025:01	2025:01	NUM
ajbmeb-3194	104	28	(	(	PUNCT
ajbmeb-3194	104	29	t	t	NOUN
ajbmeb-3194	104	30	=	=	SYM
ajbmeb-3194	104	31	61	61	NUM
ajbmeb-3194	104	32	)	)	PUNCT
ajbmeb-3194	104	33	dependent	dependent	ADJ
ajbmeb-3194	104	34	variable	variable	NOUN
ajbmeb-3194	104	35	:	:	PUNCT
ajbmeb-3194	104	36	uhat	uhat	PROPN
ajbmeb-3194	104	37	variables	variable	VERB
ajbmeb-3194	104	38	coefficient	coefficient	VERB
ajbmeb-3194	104	39	std	std	PROPN
ajbmeb-3194	104	40	.	.	NOUN
ajbmeb-3194	104	41	error	error	NOUN
ajbmeb-3194	104	42	t	t	NOUN
ajbmeb-3194	104	43	-	-	PUNCT
ajbmeb-3194	104	44	statistic	statistic	NOUN
ajbmeb-3194	104	45	prob	prob	NOUN
ajbmeb-3194	104	46	.	.	PUNCT
ajbmeb-3194	105	1	const	const	PROPN
ajbmeb-3194	105	2	2,55504	2,55504	NUM
ajbmeb-3194	105	3	3,26232	3,26232	NUM
ajbmeb-3194	105	4	0,7832	0,7832	NOUN
ajbmeb-3194	105	5	0,4368	0,4368	ADP
ajbmeb-3194	105	6	capital	capital	NOUN
ajbmeb-3194	105	7	adequacy	adequacy	NOUN
ajbmeb-3194	105	8	ratio	ratio	NOUN
ajbmeb-3194	105	9	(	(	PUNCT
ajbmeb-3194	105	10	x₁	x₁	PROPN
ajbmeb-3194	105	11	)	)	PUNCT
ajbmeb-3194	105	12	−0,120962	−0,120962	NOUN
ajbmeb-3194	106	1	0,134816	0,134816	PROPN
ajbmeb-3194	106	2	−0,8972	−0,8972	VERB
ajbmeb-3194	106	3	0,3734	0,3734	PRON
ajbmeb-3194	106	4	volume	volume	NOUN
ajbmeb-3194	106	5	of	of	ADP
ajbmeb-3194	106	6	time	time	NOUN
ajbmeb-3194	106	7	deposits	deposit	NOUN
ajbmeb-3194	106	8	(	(	PUNCT
ajbmeb-3194	106	9	x₂	x₂	ADJ
ajbmeb-3194	106	10	)	)	PUNCT
ajbmeb-3194	106	11	−1,60018e-05	−1,60018e-05	NOUN
ajbmeb-3194	107	1	5,28944e-06	5,28944e-06	NUM
ajbmeb-3194	107	2	−3,025	−3,025	NOUN
ajbmeb-3194	107	3	0,0037	0,0037	ADP
ajbmeb-3194	107	4	*	*	PUNCT
ajbmeb-3194	107	5	*	*	PUNCT
ajbmeb-3194	107	6	*	*	PUNCT
ajbmeb-3194	107	7	instant	instant	ADJ
ajbmeb-3194	107	8	liquidity	liquidity	NOUN
ajbmeb-3194	107	9	ratio	ratio	NOUN
ajbmeb-3194	107	10	(	(	PUNCT
ajbmeb-3194	107	11	x₅	x₅	PROPN
ajbmeb-3194	107	12	)	)	PUNCT
ajbmeb-3194	107	13	0,0232335	0,0232335	VERB
ajbmeb-3194	107	14	0,0132527	0,0132527	NOUN
ajbmeb-3194	107	15	1,753	1,753	NUM
ajbmeb-3194	107	16	0,0850	0,0850	NOUN
ajbmeb-3194	107	17	*	*	PUNCT
ajbmeb-3194	107	18	sum	sum	NOUN
ajbmeb-3194	107	19	of	of	ADP
ajbmeb-3194	107	20	squared	square	VERB
ajbmeb-3194	107	21	residuals	residual	NOUN
ajbmeb-3194	107	22	=	=	SYM
ajbmeb-3194	107	23	15,572	15,572	NUM
ajbmeb-3194	107	24	test	test	NOUN
ajbmeb-3194	107	25	statistic	statistic	NOUN
ajbmeb-3194	107	26	:	:	PUNCT
ajbmeb-3194	107	27	lm	lm	PROPN
ajbmeb-3194	107	28	=	=	SYM
ajbmeb-3194	107	29	7,785975	7,785975	PROPN
ajbmeb-3194	107	30	,	,	PUNCT
ajbmeb-3194	107	31	prob.=	prob.=	NOUN
ajbmeb-3194	107	32	p(хи	p(хи	NOUN
ajbmeb-3194	107	33	-	-	PUNCT
ajbmeb-3194	107	34	square	square	ADJ
ajbmeb-3194	107	35	(	(	PUNCT
ajbmeb-3194	107	36	3	3	NUM
ajbmeb-3194	107	37	)	)	PUNCT
ajbmeb-3194	107	38	>	>	X
ajbmeb-3194	108	1	7,785975	7,785975	X
ajbmeb-3194	108	2	)	)	PUNCT
ajbmeb-3194	108	3	=	=	SYM
ajbmeb-3194	108	4	0,050648	0,050648	NOUN
ajbmeb-3194	108	5	according	accord	VERB
ajbmeb-3194	108	6	to	to	ADP
ajbmeb-3194	108	7	the	the	DET
ajbmeb-3194	108	8	results	result	NOUN
ajbmeb-3194	108	9	of	of	ADP
ajbmeb-3194	108	10	the	the	DET
ajbmeb-3194	108	11	breusch	breusch	NOUN
ajbmeb-3194	108	12	–	–	PUNCT
ajbmeb-3194	108	13	pagan	pagan	ADJ
ajbmeb-3194	108	14	test	test	NOUN
ajbmeb-3194	108	15	,	,	PUNCT
ajbmeb-3194	108	16	since	since	SCONJ
ajbmeb-3194	108	17	p	p	X
ajbmeb-3194	108	18	<	<	X
ajbmeb-3194	108	19	0.13	0.13	NUM
ajbmeb-3194	108	20	,	,	PUNCT
ajbmeb-3194	108	21	it	it	PRON
ajbmeb-3194	108	22	can	can	AUX
ajbmeb-3194	108	23	be	be	AUX
ajbmeb-3194	108	24	concluded	conclude	VERB
ajbmeb-3194	108	25	that	that	SCONJ
ajbmeb-3194	108	26	heteroskedasticity	heteroskedasticity	NOUN
ajbmeb-3194	108	27	is	be	AUX
ajbmeb-3194	108	28	present	present	ADJ
ajbmeb-3194	108	29	in	in	ADP
ajbmeb-3194	108	30	the	the	DET
ajbmeb-3194	108	31	model	model	NOUN
ajbmeb-3194	108	32	,	,	PUNCT
ajbmeb-3194	108	33	indicating	indicate	VERB
ajbmeb-3194	108	34	that	that	SCONJ
ajbmeb-3194	108	35	the	the	DET
ajbmeb-3194	108	36	residuals	residual	NOUN
ajbmeb-3194	108	37	of	of	ADP
ajbmeb-3194	108	38	the	the	DET
ajbmeb-3194	108	39	selected	select	VERB
ajbmeb-3194	108	40	regression	regression	NOUN
ajbmeb-3194	108	41	are	be	AUX
ajbmeb-3194	108	42	not	not	PART
ajbmeb-3194	108	43	homoskedastic	homoskedastic	ADJ
ajbmeb-3194	108	44	.	.	PUNCT
ajbmeb-3194	109	1	therefore	therefore	ADV
ajbmeb-3194	109	2	,	,	PUNCT
ajbmeb-3194	109	3	considering	consider	VERB
ajbmeb-3194	109	4	that	that	SCONJ
ajbmeb-3194	109	5	the	the	DET
ajbmeb-3194	109	6	chosen	choose	VERB
ajbmeb-3194	109	7	model	model	NOUN
ajbmeb-3194	109	8	did	do	AUX
ajbmeb-3194	109	9	not	not	PART
ajbmeb-3194	109	10	pass	pass	VERB
ajbmeb-3194	109	11	the	the	DET
ajbmeb-3194	109	12	regression	regression	NOUN
ajbmeb-3194	109	13	diagnostic	diagnostic	ADJ
ajbmeb-3194	109	14	tests	test	NOUN
ajbmeb-3194	109	15	satisfactorily	satisfactorily	ADV
ajbmeb-3194	109	16	,	,	PUNCT
ajbmeb-3194	109	17	the	the	DET
ajbmeb-3194	109	18	forecast	forecast	NOUN
ajbmeb-3194	109	19	indicators	indicator	NOUN
ajbmeb-3194	109	20	derived	derive	VERB
ajbmeb-3194	109	21	from	from	ADP
ajbmeb-3194	109	22	this	this	DET
ajbmeb-3194	109	23	model	model	NOUN
ajbmeb-3194	109	24	can	can	AUX
ajbmeb-3194	109	25	not	not	PART
ajbmeb-3194	109	26	be	be	AUX
ajbmeb-3194	109	27	considered	consider	VERB
ajbmeb-3194	109	28	reliable	reliable	ADJ
ajbmeb-3194	109	29	.	.	PUNCT
ajbmeb-3194	110	1	4.3	4.3	NUM
ajbmeb-3194	110	2	armax	armax	NOUN
ajbmeb-3194	110	3	model	model	NOUN
ajbmeb-3194	110	4	(	(	PUNCT
ajbmeb-3194	110	5	1,1	1,1	NUM
ajbmeb-3194	110	6	)	)	PUNCT
ajbmeb-3194	110	7	to	to	PART
ajbmeb-3194	110	8	ensure	ensure	VERB
ajbmeb-3194	110	9	the	the	DET
ajbmeb-3194	110	10	statistical	statistical	ADJ
ajbmeb-3194	110	11	robustness	robustness	NOUN
ajbmeb-3194	110	12	of	of	ADP
ajbmeb-3194	110	13	the	the	DET
ajbmeb-3194	110	14	model	model	NOUN
ajbmeb-3194	110	15	and	and	CCONJ
ajbmeb-3194	110	16	to	to	PART
ajbmeb-3194	110	17	eliminate	eliminate	VERB
ajbmeb-3194	110	18	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	110	19	,	,	PUNCT
ajbmeb-3194	110	20	the	the	DET
ajbmeb-3194	110	21	next	next	ADJ
ajbmeb-3194	110	22	step	step	NOUN
ajbmeb-3194	110	23	is	be	AUX
ajbmeb-3194	110	24	to	to	PART
ajbmeb-3194	110	25	modify	modify	VERB
ajbmeb-3194	110	26	the	the	DET
ajbmeb-3194	110	27	model	model	NOUN
ajbmeb-3194	110	28	.	.	PUNCT
ajbmeb-3194	111	1	for	for	ADP
ajbmeb-3194	111	2	this	this	DET
ajbmeb-3194	111	3	purpose	purpose	NOUN
ajbmeb-3194	111	4	,	,	PUNCT
ajbmeb-3194	111	5	a	a	DET
ajbmeb-3194	111	6	dynamic	dynamic	ADJ
ajbmeb-3194	111	7	regression	regression	NOUN
ajbmeb-3194	111	8	approach	approach	NOUN
ajbmeb-3194	111	9	is	be	AUX
ajbmeb-3194	111	10	applied	apply	VERB
ajbmeb-3194	111	11	by	by	ADP
ajbmeb-3194	111	12	including	include	VERB
ajbmeb-3194	111	13	the	the	DET
ajbmeb-3194	111	14	lagged	lag	VERB
ajbmeb-3194	111	15	dependent	dependent	ADJ
ajbmeb-3194	111	16	variable	variable	ADJ
ajbmeb-3194	111	17	y(t−1	y(t−1	NOUN
ajbmeb-3194	111	18	)	)	PUNCT
ajbmeb-3194	111	19	as	as	ADP
ajbmeb-3194	111	20	an	an	DET
ajbmeb-3194	111	21	explanatory	explanatory	ADJ
ajbmeb-3194	111	22	variable	variable	NOUN
ajbmeb-3194	111	23	,	,	PUNCT
ajbmeb-3194	111	24	and	and	CCONJ
ajbmeb-3194	111	25	the	the	DET
ajbmeb-3194	111	26	arima	arima	PROPN
ajbmeb-3194	111	27	model	model	NOUN
ajbmeb-3194	111	28	is	be	AUX
ajbmeb-3194	111	29	employed	employ	VERB
ajbmeb-3194	111	30	.	.	PUNCT
ajbmeb-3194	112	1	if	if	SCONJ
ajbmeb-3194	112	2	the	the	DET
ajbmeb-3194	112	3	initial	initial	ADJ
ajbmeb-3194	112	4	model	model	NOUN
ajbmeb-3194	112	5	is	be	AUX
ajbmeb-3194	112	6	…	…	PUNCT
ajbmeb-3194	112	7	yt	yt	PROPN
ajbmeb-3194	112	8	=	=	NOUN
ajbmeb-3194	112	9	β0+β1x1t+β2x2t+β3x5t+εt	β0+β1x1t+β2x2t+β3x5t+εt	PROPN
ajbmeb-3194	112	10	if	if	SCONJ
ajbmeb-3194	112	11	the	the	DET
ajbmeb-3194	112	12	initial	initial	ADJ
ajbmeb-3194	112	13	model	model	NOUN
ajbmeb-3194	112	14	was	be	AUX
ajbmeb-3194	112	15	expressed	express	VERB
ajbmeb-3194	112	16	in	in	ADP
ajbmeb-3194	112	17	the	the	DET
ajbmeb-3194	112	18	following	follow	VERB
ajbmeb-3194	112	19	form	form	NOUN
ajbmeb-3194	112	20	,	,	PUNCT
ajbmeb-3194	112	21	the	the	DET
ajbmeb-3194	112	22	new	new	ADJ
ajbmeb-3194	112	23	model	model	NOUN
ajbmeb-3194	112	24	—	—	PUNCT
ajbmeb-3194	112	25	incorporating	incorporate	VERB
ajbmeb-3194	112	26	the	the	DET
ajbmeb-3194	112	27	lagged	lag	VERB
ajbmeb-3194	112	28	dependent	dependent	ADJ
ajbmeb-3194	112	29	variable	variable	NOUN
ajbmeb-3194	112	30	—	—	PUNCT
ajbmeb-3194	112	31	will	will	AUX
ajbmeb-3194	112	32	take	take	VERB
ajbmeb-3194	112	33	the	the	DET
ajbmeb-3194	112	34	following	follow	VERB
ajbmeb-3194	112	35	form	form	NOUN
ajbmeb-3194	112	36	:	:	PUNCT
ajbmeb-3194	112	37	yt	yt	PROPN
ajbmeb-3194	112	38	=	=	NOUN
ajbmeb-3194	112	39	α0+α1yt−1+α2x1t+α3x2t+α4x5t+ut	α0+α1yt−1+α2x1t+α3x2t+α4x5t+ut	PROPN
ajbmeb-3194	112	40	as	as	ADP
ajbmeb-3194	112	41	a	a	DET
ajbmeb-3194	112	42	result	result	NOUN
ajbmeb-3194	112	43	,	,	PUNCT
ajbmeb-3194	112	44	the	the	DET
ajbmeb-3194	112	45	residuals	residual	NOUN
ajbmeb-3194	112	46	ut	ut	PROPN
ajbmeb-3194	112	47	will	will	AUX
ajbmeb-3194	112	48	exhibit	exhibit	VERB
ajbmeb-3194	112	49	less	less	ADJ
ajbmeb-3194	112	50	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	112	51	.	.	PUNCT
ajbmeb-3194	113	1	4	4	NUM
ajbmeb-3194	113	2	calculated	calculate	VERB
ajbmeb-3194	113	3	using	use	VERB
ajbmeb-3194	113	4	gretl	gretl	ADJ
ajbmeb-3194	113	5	software	software	NOUN
ajbmeb-3194	113	6	.	.	PUNCT
ajbmeb-3194	114	1	american	american	ADJ
ajbmeb-3194	114	2	journal	journal	PROPN
ajbmeb-3194	114	3	of	of	ADP
ajbmeb-3194	114	4	business	business	NOUN
ajbmeb-3194	114	5	management	management	NOUN
ajbmeb-3194	114	6	,	,	PUNCT
ajbmeb-3194	114	7	economics	economic	NOUN
ajbmeb-3194	114	8	and	and	CCONJ
ajbmeb-3194	114	9	banking	banking	NOUN
ajbmeb-3194	114	10	volume	volume	NOUN
ajbmeb-3194	114	11	43	43	NUM
ajbmeb-3194	115	1	december2025	december2025	PROPN
ajbmeb-3194	115	2	p	p	PROPN
ajbmeb-3194	116	1	a	a	DET
ajbmeb-3194	116	2	g	g	NOUN
ajbmeb-3194	116	3	e	e	NOUN
ajbmeb-3194	116	4	|	|	ADV
ajbmeb-3194	116	5	20	20	NUM
ajbmeb-3194	116	6	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3194	116	7	table	table	NOUN
ajbmeb-3194	116	8	5	5	NUM
ajbmeb-3194	116	9	armax	armax	NOUN
ajbmeb-3194	116	10	model	model	NOUN
ajbmeb-3194	116	11	(	(	PUNCT
ajbmeb-3194	116	12	model	model	NOUN
ajbmeb-3194	116	13	2	2	NUM
ajbmeb-3194	116	14	)	)	PUNCT
ajbmeb-3194	116	15	for	for	ADP
ajbmeb-3194	116	16	npl	npl	PROPN
ajbmeb-3194	116	17	and	and	CCONJ
ajbmeb-3194	116	18	its	its	PRON
ajbmeb-3194	116	19	influencing	influence	VERB
ajbmeb-3194	116	20	factors5	factors5	NOUN
ajbmeb-3194	116	21	dependent	dependent	ADJ
ajbmeb-3194	116	22	variable	variable	NOUN
ajbmeb-3194	116	23	:	:	PUNCT
ajbmeb-3194	116	24	npl	npl	PROPN
ajbmeb-3194	116	25	method	method	NOUN
ajbmeb-3194	116	26	:	:	PUNCT
ajbmeb-3194	116	27	armax	armax	NOUN
ajbmeb-3194	116	28	sample	sample	NOUN
ajbmeb-3194	116	29	(	(	PUNCT
ajbmeb-3194	116	30	adjusted	adjust	VERB
ajbmeb-3194	116	31	):	):	PUNCT
ajbmeb-3194	116	32	2020:01	2020:01	NUM
ajbmeb-3194	116	33	-	-	PUNCT
ajbmeb-3194	116	34	2025:01	2025:01	NUM
ajbmeb-3194	116	35	(	(	PUNCT
ajbmeb-3194	116	36	t	t	NOUN
ajbmeb-3194	116	37	=	=	SYM
ajbmeb-3194	116	38	61	61	NUM
ajbmeb-3194	116	39	)	)	PUNCT
ajbmeb-3194	116	40	included	include	VERB
ajbmeb-3194	116	41	observations	observation	NOUN
ajbmeb-3194	116	42	61	61	NUM
ajbmeb-3194	116	43	variable	variable	ADJ
ajbmeb-3194	116	44	coefficient	coefficient	NOUN
ajbmeb-3194	116	45	std	std	NOUN
ajbmeb-3194	116	46	.	.	NOUN
ajbmeb-3194	116	47	error	error	NOUN
ajbmeb-3194	116	48	z	z	NOUN
ajbmeb-3194	116	49	p	p	ADJ
ajbmeb-3194	116	50	-	-	PUNCT
ajbmeb-3194	116	51	value	value	NOUN
ajbmeb-3194	116	52	const	const	NOUN
ajbmeb-3194	116	53	17875,7	17875,7	NUM
ajbmeb-3194	116	54	6559,43	6559,43	NUM
ajbmeb-3194	116	55	2,725	2,725	NUM
ajbmeb-3194	116	56	0,0064	0,0064	NOUN
ajbmeb-3194	116	57	*	*	PUNCT
ajbmeb-3194	116	58	*	*	PUNCT
ajbmeb-3194	116	59	*	*	PUNCT
ajbmeb-3194	116	60	phi_1	phi_1	PROPN
ajbmeb-3194	116	61	0,870335	0,870335	PROPN
ajbmeb-3194	116	62	0,0695245	0,0695245	PROPN
ajbmeb-3194	117	1	12,52	12,52	PROPN
ajbmeb-3194	117	2	5,92e-036	5,92e-036	NUM
ajbmeb-3194	117	3	*	*	PUNCT
ajbmeb-3194	117	4	*	*	PUNCT
ajbmeb-3194	117	5	*	*	PUNCT
ajbmeb-3194	117	6	theta_1	theta_1	NOUN
ajbmeb-3194	117	7	0,152754	0,152754	NUM
ajbmeb-3194	117	8	0,134101	0,134101	PROPN
ajbmeb-3194	117	9	1,139	1,139	NUM
ajbmeb-3194	117	10	0,2547	0,2547	NUM
ajbmeb-3194	117	11	capital	capital	NOUN
ajbmeb-3194	117	12	adequacy	adequacy	NOUN
ajbmeb-3194	117	13	ratio	ratio	NOUN
ajbmeb-3194	117	14	(	(	PUNCT
ajbmeb-3194	117	15	x₁	x₁	PROPN
ajbmeb-3194	117	16	)	)	PUNCT
ajbmeb-3194	117	17	−768,170	−768,170	PROPN
ajbmeb-3194	117	18	289,136	289,136	NUM
ajbmeb-3194	117	19	−2,657	−2,657	X
ajbmeb-3194	117	20	0,0079	0,0079	PROPN
ajbmeb-3194	117	21	*	*	NOUN
ajbmeb-3194	117	22	*	*	NOUN
ajbmeb-3194	117	23	*	*	PUNCT
ajbmeb-3194	117	24	term	term	NOUN
ajbmeb-3194	117	25	deposits	deposit	NOUN
ajbmeb-3194	117	26	volume	volume	NOUN
ajbmeb-3194	117	27	(	(	PUNCT
ajbmeb-3194	117	28	x₂	x₂	PROPN
ajbmeb-3194	117	29	)	)	PUNCT
ajbmeb-3194	118	1	0,0654652	0,0654652	PROPN
ajbmeb-3194	118	2	0,0241074	0,0241074	NOUN
ajbmeb-3194	118	3	2,716	2,716	NUM
ajbmeb-3194	118	4	0,0066	0,0066	NOUN
ajbmeb-3194	118	5	*	*	PUNCT
ajbmeb-3194	118	6	*	*	PUNCT
ajbmeb-3194	118	7	*	*	PUNCT
ajbmeb-3194	118	8	instant	instant	ADJ
ajbmeb-3194	118	9	liquidity	liquidity	NOUN
ajbmeb-3194	118	10	ratio	ratio	NOUN
ajbmeb-3194	118	11	(	(	PUNCT
ajbmeb-3194	118	12	x₅	x₅	PROPN
ajbmeb-3194	118	13	)	)	PUNCT
ajbmeb-3194	119	1	50,1475	50,1475	NUM
ajbmeb-3194	119	2	25,5143	25,5143	NUM
ajbmeb-3194	119	3	1,965	1,965	NUM
ajbmeb-3194	119	4	0,0494	0,0494	ADJ
ajbmeb-3194	119	5	*	*	PUNCT
ajbmeb-3194	119	6	*	*	PUNCT
ajbmeb-3194	119	7	standard	standard	ADJ
ajbmeb-3194	119	8	deviation	deviation	NOUN
ajbmeb-3194	119	9	of	of	ADP
ajbmeb-3194	119	10	innovations	innovation	NOUN
ajbmeb-3194	119	11	1030,483	1030,483	NUM
ajbmeb-3194	119	12	log	log	NOUN
ajbmeb-3194	119	13	-	-	PUNCT
ajbmeb-3194	119	14	likelihood	likelihood	NOUN
ajbmeb-3194	119	15	−510,6050	−510,6050	NOUN
ajbmeb-3194	119	16	standard	standard	ADJ
ajbmeb-3194	119	17	error	error	NOUN
ajbmeb-3194	119	18	of	of	ADP
ajbmeb-3194	119	19	the	the	DET
ajbmeb-3194	119	20	model	model	NOUN
ajbmeb-3194	119	21	5683,958	5683,958	NUM
ajbmeb-3194	119	22	schwarz	schwarz	PROPN
ajbmeb-3194	119	23	criterion	criterion	NOUN
ajbmeb-3194	119	24	:	:	PUNCT
ajbmeb-3194	120	1	1049,986	1049,986	NUM
ajbmeb-3194	120	2	akaike	akaike	ADP
ajbmeb-3194	120	3	information	information	NOUN
ajbmeb-3194	120	4	criterion	criterion	NOUN
ajbmeb-3194	120	5	1035,210	1035,210	NUM
ajbmeb-3194	120	6	mean	mean	NOUN
ajbmeb-3194	120	7	of	of	ADP
ajbmeb-3194	120	8	innovations	innovation	NOUN
ajbmeb-3194	120	9	:	:	PUNCT
ajbmeb-3194	120	10	20,55437	20,55437	NUM
ajbmeb-3194	120	11	hannan	hannan	PROPN
ajbmeb-3194	120	12	–	–	PUNCT
ajbmeb-3194	120	13	quinn	quinn	NOUN
ajbmeb-3194	120	14	criterion	criterion	NOUN
ajbmeb-3194	120	15	1041,001	1041,001	NUM
ajbmeb-3194	120	16	mean	mean	NOUN
ajbmeb-3194	120	17	of	of	ADP
ajbmeb-3194	120	18	dependent	dependent	ADJ
ajbmeb-3194	120	19	variable	variable	NOUN
ajbmeb-3194	120	20	:	:	PUNCT
ajbmeb-3194	120	21	14712,60	14712,60	NUM
ajbmeb-3194	120	22	real	real	ADJ
ajbmeb-3194	120	23	part	part	NOUN
ajbmeb-3194	120	24	imaginary	imaginary	ADJ
ajbmeb-3194	120	25	part	part	NOUN
ajbmeb-3194	120	26	modulus	modulus	NOUN
ajbmeb-3194	120	27	frequency	frequency	NOUN
ajbmeb-3194	120	28	root	root	NOUN
ajbmeb-3194	120	29	(	(	PUNCT
ajbmeb-3194	120	30	ar	ar	NOUN
ajbmeb-3194	120	31	part	part	NOUN
ajbmeb-3194	120	32	)	)	PUNCT
ajbmeb-3194	120	33	1,1490	1,1490	NUM
ajbmeb-3194	120	34	0,0000	0,0000	NUM
ajbmeb-3194	120	35	1,1490	1,1490	NUM
ajbmeb-3194	120	36	0,0000	0,0000	PRON
ajbmeb-3194	120	37	root	root	NOUN
ajbmeb-3194	120	38	(	(	PUNCT
ajbmeb-3194	120	39	ma	ma	PROPN
ajbmeb-3194	120	40	part	part	NOUN
ajbmeb-3194	120	41	)	)	PUNCT
ajbmeb-3194	120	42	-6,5465	-6,5465	NUM
ajbmeb-3194	120	43	0,0000	0,0000	NUM
ajbmeb-3194	120	44	6,5465	6,5465	NOUN
ajbmeb-3194	120	45	0,5000	0,5000	NOUN
ajbmeb-3194	120	46	based	base	VERB
ajbmeb-3194	120	47	on	on	ADP
ajbmeb-3194	120	48	the	the	DET
ajbmeb-3194	120	49	regression	regression	NOUN
ajbmeb-3194	120	50	statistical	statistical	ADJ
ajbmeb-3194	120	51	analysis	analysis	NOUN
ajbmeb-3194	120	52	of	of	ADP
ajbmeb-3194	120	53	npl	npl	NOUN
ajbmeb-3194	120	54	and	and	CCONJ
ajbmeb-3194	120	55	its	its	PRON
ajbmeb-3194	120	56	influencing	influence	VERB
ajbmeb-3194	120	57	factors	factor	NOUN
ajbmeb-3194	120	58	,	,	PUNCT
ajbmeb-3194	120	59	we	we	PRON
ajbmeb-3194	120	60	can	can	AUX
ajbmeb-3194	120	61	construct	construct	VERB
ajbmeb-3194	120	62	the	the	DET
ajbmeb-3194	120	63	regression	regression	NOUN
ajbmeb-3194	120	64	equation	equation	NOUN
ajbmeb-3194	120	65	according	accord	VERB
ajbmeb-3194	120	66	to	to	ADP
ajbmeb-3194	120	67	the	the	DET
ajbmeb-3194	120	68	above	above	ADJ
ajbmeb-3194	120	69	model	model	NOUN
ajbmeb-3194	120	70	.	.	PUNCT
ajbmeb-3194	121	1	the	the	DET
ajbmeb-3194	121	2	autoregressive	autoregressive	ADJ
ajbmeb-3194	121	3	model	model	NOUN
ajbmeb-3194	121	4	with	with	ADP
ajbmeb-3194	121	5	a	a	DET
ajbmeb-3194	121	6	mean	mean	ADJ
ajbmeb-3194	121	7	and	and	CCONJ
ajbmeb-3194	121	8	exogenous	exogenous	ADJ
ajbmeb-3194	121	9	variable	variable	ADJ
ajbmeb-3194	121	10	component	component	NOUN
ajbmeb-3194	121	11	,	,	PUNCT
ajbmeb-3194	121	12	armax(1,1	armax(1,1	ADJ
ajbmeb-3194	121	13	)	)	PUNCT
ajbmeb-3194	121	14	(	(	PUNCT
ajbmeb-3194	121	15	autoregressive	autoregressive	ADJ
ajbmeb-3194	121	16	moving	move	VERB
ajbmeb-3194	121	17	average	average	NOUN
ajbmeb-3194	121	18	with	with	ADP
ajbmeb-3194	121	19	exogenous	exogenous	ADJ
ajbmeb-3194	121	20	variables	variable	NOUN
ajbmeb-3194	121	21	)	)	PUNCT
ajbmeb-3194	121	22	,	,	PUNCT
ajbmeb-3194	121	23	takes	take	VERB
ajbmeb-3194	121	24	the	the	DET
ajbmeb-3194	121	25	following	follow	VERB
ajbmeb-3194	121	26	form	form	NOUN
ajbmeb-3194	121	27	:	:	PUNCT
ajbmeb-3194	121	28	yt=17	yt=17	NOUN
ajbmeb-3194	121	29	875,7	875,7	PROPN
ajbmeb-3194	121	30	+	+	CCONJ
ajbmeb-3194	121	31	0,8703⋅yt−1	0,8703⋅yt−1	NUM
ajbmeb-3194	121	32	+	+	CCONJ
ajbmeb-3194	122	1	0,1528⋅εt−1	0,1528⋅εt−1	NUM
ajbmeb-3194	122	2	−	−	NUM
ajbmeb-3194	122	3	768,17⋅x1	768,17⋅x1	PROPN
ajbmeb-3194	122	4	t	t	PROPN
ajbmeb-3194	122	5	+	+	CCONJ
ajbmeb-3194	122	6	0,0655⋅x2	0,0655⋅x2	PROPN
ajbmeb-3194	122	7	t	t	NOUN
ajbmeb-3194	122	8	+	+	NUM
ajbmeb-3194	122	9	50,15⋅x5	50,15⋅x5	NOUN
ajbmeb-3194	122	10	t	t	PROPN
ajbmeb-3194	122	11	+	+	X
ajbmeb-3194	122	12	εt	εt	PROPN
ajbmeb-3194	122	13	where	where	SCONJ
ajbmeb-3194	122	14	:	:	PUNCT
ajbmeb-3194	122	15	yt	yt	X
ajbmeb-3194	122	16	—	—	PUNCT
ajbmeb-3194	122	17	the	the	DET
ajbmeb-3194	122	18	level	level	NOUN
ajbmeb-3194	122	19	of	of	ADP
ajbmeb-3194	122	20	non	non	ADJ
ajbmeb-3194	122	21	-	-	ADJ
ajbmeb-3194	122	22	performing	performing	ADJ
ajbmeb-3194	122	23	loans	loan	NOUN
ajbmeb-3194	122	24	at	at	ADP
ajbmeb-3194	122	25	time	time	NOUN
ajbmeb-3194	122	26	t	t	PROPN
ajbmeb-3194	122	27	;	;	PUNCT
ajbmeb-3194	122	28	yt−1	yt−1	PROPN
ajbmeb-3194	122	29	—	—	PUNCT
ajbmeb-3194	122	30	the	the	DET
ajbmeb-3194	122	31	volume	volume	NOUN
ajbmeb-3194	122	32	of	of	ADP
ajbmeb-3194	122	33	non	non	ADJ
ajbmeb-3194	122	34	-	-	ADJ
ajbmeb-3194	122	35	performing	performing	ADJ
ajbmeb-3194	122	36	loans	loan	NOUN
ajbmeb-3194	122	37	in	in	ADP
ajbmeb-3194	122	38	the	the	DET
ajbmeb-3194	122	39	previous	previous	ADJ
ajbmeb-3194	122	40	period	period	NOUN
ajbmeb-3194	122	41	x1	x1	PROPN
ajbmeb-3194	122	42	t	t	PROPN
ajbmeb-3194	122	43	—	—	PUNCT
ajbmeb-3194	122	44	capital	capital	NOUN
ajbmeb-3194	122	45	adequacy	adequacy	NOUN
ajbmeb-3194	122	46	ratio	ratio	NOUN
ajbmeb-3194	122	47	at	at	ADP
ajbmeb-3194	122	48	time	time	NOUN
ajbmeb-3194	122	49	;	;	PUNCT
ajbmeb-3194	122	50	x2	x2	PROPN
ajbmeb-3194	122	51	t	t	PROPN
ajbmeb-3194	122	52	—	—	PUNCT
ajbmeb-3194	122	53	volume	volume	NOUN
ajbmeb-3194	122	54	of	of	ADP
ajbmeb-3194	122	55	term	term	NOUN
ajbmeb-3194	122	56	deposits	deposit	NOUN
ajbmeb-3194	122	57	at	at	ADP
ajbmeb-3194	122	58	time	time	NOUN
ajbmeb-3194	122	59	;	;	PUNCT
ajbmeb-3194	122	60	x5	x5	PROPN
ajbmeb-3194	122	61	t	t	PROPN
ajbmeb-3194	122	62	—	—	PUNCT
ajbmeb-3194	122	63	instant	instant	NOUN
ajbmeb-3194	122	64	liquidity	liquidity	NOUN
ajbmeb-3194	122	65	ratio	ratio	NOUN
ajbmeb-3194	122	66	at	at	ADP
ajbmeb-3194	122	67	time	time	NOUN
ajbmeb-3194	122	68	;	;	PUNCT
ajbmeb-3194	122	69	εt	εt	PROPN
ajbmeb-3194	122	70	—	—	PUNCT
ajbmeb-3194	122	71	the	the	DET
ajbmeb-3194	122	72	stochastic	stochastic	ADJ
ajbmeb-3194	122	73	error	error	NOUN
ajbmeb-3194	122	74	(	(	PUNCT
ajbmeb-3194	122	75	shock	shock	NOUN
ajbmeb-3194	122	76	)	)	PUNCT
ajbmeb-3194	122	77	at	at	ADP
ajbmeb-3194	122	78	time	time	NOUN
ajbmeb-3194	122	79	.	.	PUNCT
ajbmeb-3194	123	1	in	in	ADP
ajbmeb-3194	123	2	this	this	DET
ajbmeb-3194	123	3	regression	regression	NOUN
ajbmeb-3194	123	4	model	model	NOUN
ajbmeb-3194	123	5	,	,	PUNCT
ajbmeb-3194	123	6	all	all	DET
ajbmeb-3194	123	7	explanatory	explanatory	ADJ
ajbmeb-3194	123	8	variables	variable	NOUN
ajbmeb-3194	123	9	—	—	PUNCT
ajbmeb-3194	123	10	capital	capital	NOUN
ajbmeb-3194	123	11	adequacy	adequacy	NOUN
ajbmeb-3194	123	12	ratio	ratio	NOUN
ajbmeb-3194	123	13	(	(	PUNCT
ajbmeb-3194	123	14	p	p	X
ajbmeb-3194	123	15	=	=	PUNCT
ajbmeb-3194	123	16	0.0079	0.0079	NUM
ajbmeb-3194	123	17	<	<	NOUN
ajbmeb-3194	123	18	0.05	0.05	NUM
ajbmeb-3194	123	19	)	)	PUNCT
ajbmeb-3194	123	20	,	,	PUNCT
ajbmeb-3194	123	21	volume	volume	NOUN
ajbmeb-3194	123	22	of	of	ADP
ajbmeb-3194	123	23	term	term	NOUN
ajbmeb-3194	123	24	deposits	deposit	NOUN
ajbmeb-3194	123	25	(	(	PUNCT
ajbmeb-3194	123	26	p	p	X
ajbmeb-3194	123	27	=	=	SYM
ajbmeb-3194	123	28	0.0066	0.0066	NUM
ajbmeb-3194	123	29	<	<	NOUN
ajbmeb-3194	123	30	0.05	0.05	NUM
ajbmeb-3194	123	31	)	)	PUNCT
ajbmeb-3194	123	32	,	,	PUNCT
ajbmeb-3194	123	33	and	and	CCONJ
ajbmeb-3194	123	34	instant	instant	ADJ
ajbmeb-3194	123	35	liquidity	liquidity	NOUN
ajbmeb-3194	123	36	ratio	ratio	NOUN
ajbmeb-3194	123	37	(	(	PUNCT
ajbmeb-3194	123	38	p	p	NOUN
ajbmeb-3194	123	39	=	=	PUNCT
ajbmeb-3194	123	40	0.0494	0.0494	NUM
ajbmeb-3194	123	41	<	<	NOUN
ajbmeb-3194	123	42	0.05	0.05	NUM
ajbmeb-3194	123	43	)	)	PUNCT
ajbmeb-3194	123	44	—	—	PUNCT
ajbmeb-3194	123	45	are	be	AUX
ajbmeb-3194	123	46	statistically	statistically	ADV
ajbmeb-3194	123	47	significant	significant	ADJ
ajbmeb-3194	123	48	at	at	ADP
ajbmeb-3194	123	49	the	the	DET
ajbmeb-3194	123	50	5	5	NUM
ajbmeb-3194	123	51	%	%	NOUN
ajbmeb-3194	123	52	significance	significance	NOUN
ajbmeb-3194	123	53	level	level	NOUN
ajbmeb-3194	123	54	.	.	PUNCT
ajbmeb-3194	124	1	5	5	NUM
ajbmeb-3194	124	2	calculated	calculate	VERB
ajbmeb-3194	124	3	using	use	VERB
ajbmeb-3194	124	4	gretl	gretl	ADJ
ajbmeb-3194	124	5	software	software	NOUN
ajbmeb-3194	124	6	.	.	PUNCT
ajbmeb-3194	125	1	american	american	ADJ
ajbmeb-3194	125	2	journal	journal	PROPN
ajbmeb-3194	125	3	of	of	ADP
ajbmeb-3194	125	4	business	business	NOUN
ajbmeb-3194	125	5	management	management	NOUN
ajbmeb-3194	125	6	,	,	PUNCT
ajbmeb-3194	125	7	economics	economic	NOUN
ajbmeb-3194	125	8	and	and	CCONJ
ajbmeb-3194	125	9	banking	banking	NOUN
ajbmeb-3194	125	10	volume	volume	NOUN
ajbmeb-3194	125	11	43	43	NUM
ajbmeb-3194	126	1	december2025	december2025	PROPN
ajbmeb-3194	126	2	p	p	PROPN
ajbmeb-3194	126	3	a	a	DET
ajbmeb-3194	126	4	g	g	NOUN
ajbmeb-3194	126	5	e	e	NOUN
ajbmeb-3194	126	6	|	|	NOUN
ajbmeb-3194	126	7	21	21	NUM
ajbmeb-3194	126	8	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3194	126	9	these	these	DET
ajbmeb-3194	126	10	results	result	NOUN
ajbmeb-3194	126	11	allow	allow	VERB
ajbmeb-3194	126	12	us	we	PRON
ajbmeb-3194	126	13	to	to	PART
ajbmeb-3194	126	14	draw	draw	VERB
ajbmeb-3194	126	15	the	the	DET
ajbmeb-3194	126	16	following	following	ADJ
ajbmeb-3194	126	17	conclusions	conclusion	NOUN
ajbmeb-3194	126	18	:	:	PUNCT
ajbmeb-3194	126	19	•	•	ADP
ajbmeb-3194	126	20	a	a	DET
ajbmeb-3194	126	21	1	1	NUM
ajbmeb-3194	126	22	%	%	NOUN
ajbmeb-3194	126	23	increase	increase	NOUN
ajbmeb-3194	126	24	in	in	ADP
ajbmeb-3194	126	25	the	the	DET
ajbmeb-3194	126	26	capital	capital	NOUN
ajbmeb-3194	126	27	adequacy	adequacy	NOUN
ajbmeb-3194	126	28	ratio	ratio	NOUN
ajbmeb-3194	126	29	leads	lead	VERB
ajbmeb-3194	126	30	to	to	ADP
ajbmeb-3194	126	31	a	a	DET
ajbmeb-3194	126	32	decrease	decrease	NOUN
ajbmeb-3194	126	33	in	in	ADP
ajbmeb-3194	126	34	the	the	DET
ajbmeb-3194	126	35	volume	volume	NOUN
ajbmeb-3194	126	36	of	of	ADP
ajbmeb-3194	126	37	non	non	ADJ
ajbmeb-3194	126	38	-	-	ADJ
ajbmeb-3194	126	39	performing	performing	ADJ
ajbmeb-3194	126	40	loans	loan	NOUN
ajbmeb-3194	126	41	by	by	ADP
ajbmeb-3194	126	42	approximately	approximately	ADV
ajbmeb-3194	126	43	768.17	768.17	NUM
ajbmeb-3194	126	44	billion	billion	NUM
ajbmeb-3194	126	45	uzs	uzs	NOUN
ajbmeb-3194	126	46	.	.	PUNCT
ajbmeb-3194	127	1	•	•	NUM
ajbmeb-3194	127	2	a	a	DET
ajbmeb-3194	127	3	1	1	NUM
ajbmeb-3194	127	4	billion	billion	NUM
ajbmeb-3194	127	5	uzs	uzs	NOUN
ajbmeb-3194	127	6	increase	increase	NOUN
ajbmeb-3194	127	7	in	in	ADP
ajbmeb-3194	127	8	the	the	DET
ajbmeb-3194	127	9	volume	volume	NOUN
ajbmeb-3194	127	10	of	of	ADP
ajbmeb-3194	127	11	term	term	NOUN
ajbmeb-3194	127	12	deposits	deposit	NOUN
ajbmeb-3194	127	13	results	result	NOUN
ajbmeb-3194	127	14	in	in	ADP
ajbmeb-3194	127	15	an	an	DET
ajbmeb-3194	127	16	increase	increase	NOUN
ajbmeb-3194	127	17	in	in	ADP
ajbmeb-3194	127	18	non	non	ADJ
ajbmeb-3194	127	19	-	-	ADJ
ajbmeb-3194	127	20	performing	performing	ADJ
ajbmeb-3194	127	21	loans	loan	NOUN
ajbmeb-3194	127	22	by	by	ADP
ajbmeb-3194	127	23	around	around	ADP
ajbmeb-3194	127	24	65.5	65.5	NUM
ajbmeb-3194	127	25	million	million	NUM
ajbmeb-3194	127	26	uzs	uzs	NOUN
ajbmeb-3194	127	27	.	.	PUNCT
ajbmeb-3194	128	1	•	•	NUM
ajbmeb-3194	128	2	a	a	DET
ajbmeb-3194	128	3	1	1	NUM
ajbmeb-3194	128	4	%	%	NOUN
ajbmeb-3194	128	5	increase	increase	NOUN
ajbmeb-3194	128	6	in	in	ADP
ajbmeb-3194	128	7	the	the	DET
ajbmeb-3194	128	8	instant	instant	NOUN
ajbmeb-3194	128	9	liquidity	liquidity	NOUN
ajbmeb-3194	128	10	ratio	ratio	NOUN
ajbmeb-3194	128	11	raises	raise	VERB
ajbmeb-3194	128	12	the	the	DET
ajbmeb-3194	128	13	volume	volume	NOUN
ajbmeb-3194	128	14	of	of	ADP
ajbmeb-3194	128	15	non	non	ADJ
ajbmeb-3194	128	16	-	-	ADJ
ajbmeb-3194	128	17	performing	performing	ADJ
ajbmeb-3194	128	18	loans	loan	NOUN
ajbmeb-3194	128	19	by	by	ADP
ajbmeb-3194	128	20	approximately	approximately	ADV
ajbmeb-3194	128	21	50.15	50.15	NUM
ajbmeb-3194	128	22	billion	billion	NUM
ajbmeb-3194	128	23	uzs	uzs	NOUN
ajbmeb-3194	128	24	.	.	PUNCT
ajbmeb-3194	129	1	this	this	PRON
ajbmeb-3194	129	2	implies	imply	VERB
ajbmeb-3194	129	3	that	that	SCONJ
ajbmeb-3194	129	4	while	while	SCONJ
ajbmeb-3194	129	5	stronger	strong	ADJ
ajbmeb-3194	129	6	capital	capital	NOUN
ajbmeb-3194	129	7	adequacy	adequacy	NOUN
ajbmeb-3194	129	8	has	have	VERB
ajbmeb-3194	129	9	a	a	DET
ajbmeb-3194	129	10	stabilizing	stabilize	VERB
ajbmeb-3194	129	11	effect	effect	NOUN
ajbmeb-3194	129	12	by	by	ADP
ajbmeb-3194	129	13	reducing	reduce	VERB
ajbmeb-3194	129	14	credit	credit	NOUN
ajbmeb-3194	129	15	risk	risk	NOUN
ajbmeb-3194	129	16	,	,	PUNCT
ajbmeb-3194	129	17	increases	increase	NOUN
ajbmeb-3194	129	18	in	in	ADP
ajbmeb-3194	129	19	term	term	NOUN
ajbmeb-3194	129	20	deposits	deposit	NOUN
ajbmeb-3194	129	21	and	and	CCONJ
ajbmeb-3194	129	22	higher	high	ADJ
ajbmeb-3194	129	23	liquidity	liquidity	NOUN
ajbmeb-3194	129	24	levels	level	NOUN
ajbmeb-3194	129	25	are	be	AUX
ajbmeb-3194	129	26	associated	associate	VERB
ajbmeb-3194	129	27	with	with	ADP
ajbmeb-3194	129	28	rising	rise	VERB
ajbmeb-3194	129	29	npl	npl	NOUN
ajbmeb-3194	129	30	volumes	volume	NOUN
ajbmeb-3194	129	31	during	during	ADP
ajbmeb-3194	129	32	the	the	DET
ajbmeb-3194	129	33	observed	observed	ADJ
ajbmeb-3194	129	34	period	period	NOUN
ajbmeb-3194	129	35	.	.	PUNCT
ajbmeb-3194	130	1	the	the	DET
ajbmeb-3194	130	2	statistical	statistical	ADJ
ajbmeb-3194	130	3	robustness	robustness	NOUN
ajbmeb-3194	130	4	of	of	ADP
ajbmeb-3194	130	5	the	the	DET
ajbmeb-3194	130	6	armax	armax	NOUN
ajbmeb-3194	130	7	model	model	NOUN
ajbmeb-3194	130	8	is	be	AUX
ajbmeb-3194	130	9	supported	support	VERB
ajbmeb-3194	130	10	by	by	ADP
ajbmeb-3194	130	11	several	several	ADJ
ajbmeb-3194	130	12	diagnostic	diagnostic	ADJ
ajbmeb-3194	130	13	results	result	NOUN
ajbmeb-3194	130	14	:	:	PUNCT
ajbmeb-3194	130	15	⎯	⎯	PROPN
ajbmeb-3194	130	16	improved	improve	VERB
ajbmeb-3194	130	17	log	log	NOUN
ajbmeb-3194	130	18	-	-	PUNCT
ajbmeb-3194	130	19	likelihood	likelihood	NOUN
ajbmeb-3194	130	20	:	:	PUNCT
ajbmeb-3194	130	21	the	the	DET
ajbmeb-3194	130	22	log	log	NOUN
ajbmeb-3194	130	23	-	-	PUNCT
ajbmeb-3194	130	24	likelihood	likelihood	NOUN
ajbmeb-3194	130	25	increased	increase	VERB
ajbmeb-3194	130	26	to	to	ADP
ajbmeb-3194	130	27	–	–	PUNCT
ajbmeb-3194	130	28	510.6	510.6	NUM
ajbmeb-3194	130	29	,	,	PUNCT
ajbmeb-3194	130	30	compared	compare	VERB
ajbmeb-3194	130	31	to	to	ADP
ajbmeb-3194	130	32	–	–	PUNCT
ajbmeb-3194	130	33	557	557	NUM
ajbmeb-3194	130	34	in	in	ADP
ajbmeb-3194	130	35	the	the	DET
ajbmeb-3194	130	36	static	static	ADJ
ajbmeb-3194	130	37	model	model	NOUN
ajbmeb-3194	130	38	,	,	PUNCT
ajbmeb-3194	130	39	indicating	indicate	VERB
ajbmeb-3194	130	40	a	a	DET
ajbmeb-3194	130	41	better	well	ADJ
ajbmeb-3194	130	42	overall	overall	ADJ
ajbmeb-3194	130	43	fit	fit	NOUN
ajbmeb-3194	130	44	.	.	PUNCT
ajbmeb-3194	131	1	⎯	⎯	PROPN
ajbmeb-3194	131	2	akaike	akaike	ADJ
ajbmeb-3194	131	3	information	information	NOUN
ajbmeb-3194	131	4	criterion	criterion	NOUN
ajbmeb-3194	131	5	(	(	PUNCT
ajbmeb-3194	131	6	aic	aic	PROPN
ajbmeb-3194	131	7	):	):	PUNCT
ajbmeb-3194	131	8	the	the	DET
ajbmeb-3194	131	9	aic	aic	PROPN
ajbmeb-3194	131	10	declined	decline	VERB
ajbmeb-3194	131	11	to	to	ADP
ajbmeb-3194	131	12	1035	1035	NUM
ajbmeb-3194	131	13	,	,	PUNCT
ajbmeb-3194	131	14	which	which	PRON
ajbmeb-3194	131	15	is	be	AUX
ajbmeb-3194	131	16	lower	low	ADJ
ajbmeb-3194	131	17	than	than	ADP
ajbmeb-3194	131	18	the	the	DET
ajbmeb-3194	131	19	lagfree	lagfree	NOUN
ajbmeb-3194	131	20	model	model	NOUN
ajbmeb-3194	131	21	’s	’s	PART
ajbmeb-3194	131	22	value	value	NOUN
ajbmeb-3194	131	23	(	(	PUNCT
ajbmeb-3194	131	24	~1123	~1123	NUM
ajbmeb-3194	131	25	)	)	PUNCT
ajbmeb-3194	131	26	,	,	PUNCT
ajbmeb-3194	131	27	confirming	confirm	VERB
ajbmeb-3194	131	28	superior	superior	ADJ
ajbmeb-3194	131	29	model	model	NOUN
ajbmeb-3194	131	30	specification	specification	NOUN
ajbmeb-3194	131	31	.	.	PUNCT
ajbmeb-3194	132	1	⎯	⎯	PROPN
ajbmeb-3194	132	2	model	model	NOUN
ajbmeb-3194	132	3	stability	stability	PROPN
ajbmeb-3194	132	4	:	:	PUNCT
ajbmeb-3194	132	5	the	the	DET
ajbmeb-3194	132	6	autoregressive	autoregressive	ADJ
ajbmeb-3194	132	7	root	root	NOUN
ajbmeb-3194	132	8	(	(	PUNCT
ajbmeb-3194	132	9	ar	ar	NOUN
ajbmeb-3194	132	10	=	=	NOUN
ajbmeb-3194	132	11	1.149	1.149	NUM
ajbmeb-3194	132	12	>	>	SYM
ajbmeb-3194	132	13	1	1	NUM
ajbmeb-3194	132	14	)	)	PUNCT
ajbmeb-3194	132	15	lies	lie	VERB
ajbmeb-3194	132	16	outside	outside	ADP
ajbmeb-3194	132	17	the	the	DET
ajbmeb-3194	132	18	unit	unit	NOUN
ajbmeb-3194	132	19	circle	circle	NOUN
ajbmeb-3194	132	20	,	,	PUNCT
ajbmeb-3194	132	21	demonstrating	demonstrate	VERB
ajbmeb-3194	132	22	stationarity	stationarity	NOUN
ajbmeb-3194	132	23	of	of	ADP
ajbmeb-3194	132	24	the	the	DET
ajbmeb-3194	132	25	model	model	NOUN
ajbmeb-3194	132	26	.	.	PUNCT
ajbmeb-3194	133	1	⎯	⎯	PROPN
ajbmeb-3194	133	2	ma(1	ma(1	PROPN
ajbmeb-3194	133	3	)	)	PUNCT
ajbmeb-3194	133	4	term	term	NOUN
ajbmeb-3194	133	5	exclusion	exclusion	NOUN
ajbmeb-3194	133	6	:	:	PUNCT
ajbmeb-3194	133	7	the	the	DET
ajbmeb-3194	133	8	ma(1	ma(1	NOUN
ajbmeb-3194	133	9	)	)	PUNCT
ajbmeb-3194	133	10	coefficient	coefficient	NOUN
ajbmeb-3194	133	11	was	be	AUX
ajbmeb-3194	133	12	not	not	PART
ajbmeb-3194	133	13	statistically	statistically	ADV
ajbmeb-3194	133	14	significant	significant	ADJ
ajbmeb-3194	133	15	(	(	PUNCT
ajbmeb-3194	133	16	p	p	X
ajbmeb-3194	133	17	>	>	X
ajbmeb-3194	133	18	0.25	0.25	NUM
ajbmeb-3194	133	19	)	)	PUNCT
ajbmeb-3194	133	20	and	and	CCONJ
ajbmeb-3194	133	21	was	be	AUX
ajbmeb-3194	133	22	therefore	therefore	ADV
ajbmeb-3194	133	23	removed	remove	VERB
ajbmeb-3194	133	24	,	,	PUNCT
ajbmeb-3194	133	25	simplifying	simplify	VERB
ajbmeb-3194	133	26	the	the	DET
ajbmeb-3194	133	27	model	model	NOUN
ajbmeb-3194	133	28	without	without	ADP
ajbmeb-3194	133	29	compromising	compromise	VERB
ajbmeb-3194	133	30	explanatory	explanatory	ADJ
ajbmeb-3194	133	31	power	power	NOUN
ajbmeb-3194	133	32	.	.	PUNCT
ajbmeb-3194	134	1	taken	take	VERB
ajbmeb-3194	134	2	together	together	ADV
ajbmeb-3194	134	3	,	,	PUNCT
ajbmeb-3194	134	4	these	these	DET
ajbmeb-3194	134	5	diagnostics	diagnostic	NOUN
ajbmeb-3194	134	6	show	show	VERB
ajbmeb-3194	134	7	that	that	SCONJ
ajbmeb-3194	134	8	the	the	DET
ajbmeb-3194	134	9	dynamic	dynamic	ADJ
ajbmeb-3194	134	10	armax	armax	NOUN
ajbmeb-3194	134	11	specification	specification	NOUN
ajbmeb-3194	134	12	provides	provide	VERB
ajbmeb-3194	134	13	a	a	DET
ajbmeb-3194	134	14	more	more	ADV
ajbmeb-3194	134	15	robust	robust	ADJ
ajbmeb-3194	134	16	and	and	CCONJ
ajbmeb-3194	134	17	statistically	statistically	ADV
ajbmeb-3194	134	18	reliable	reliable	ADJ
ajbmeb-3194	134	19	framework	framework	NOUN
ajbmeb-3194	134	20	for	for	ADP
ajbmeb-3194	134	21	analyzing	analyze	VERB
ajbmeb-3194	134	22	npl	npl	NOUN
ajbmeb-3194	134	23	dynamics	dynamic	NOUN
ajbmeb-3194	134	24	and	and	CCONJ
ajbmeb-3194	134	25	their	their	PRON
ajbmeb-3194	134	26	determinants	determinant	NOUN
ajbmeb-3194	134	27	compared	compare	VERB
ajbmeb-3194	134	28	to	to	ADP
ajbmeb-3194	134	29	the	the	DET
ajbmeb-3194	134	30	static	static	ADJ
ajbmeb-3194	134	31	regression	regression	NOUN
ajbmeb-3194	134	32	model	model	NOUN
ajbmeb-3194	134	33	.	.	PUNCT
ajbmeb-3194	135	1	moreover	moreover	ADV
ajbmeb-3194	135	2	,	,	PUNCT
ajbmeb-3194	135	3	the	the	DET
ajbmeb-3194	135	4	arx(1	arx(1	NOUN
ajbmeb-3194	135	5	)	)	PUNCT
ajbmeb-3194	135	6	component	component	NOUN
ajbmeb-3194	135	7	of	of	ADP
ajbmeb-3194	135	8	the	the	DET
ajbmeb-3194	135	9	model	model	NOUN
ajbmeb-3194	135	10	successfully	successfully	ADV
ajbmeb-3194	135	11	captures	capture	VERB
ajbmeb-3194	135	12	the	the	DET
ajbmeb-3194	135	13	temporal	temporal	ADJ
ajbmeb-3194	135	14	dependence	dependence	NOUN
ajbmeb-3194	135	15	of	of	ADP
ajbmeb-3194	135	16	the	the	DET
ajbmeb-3194	135	17	series	series	NOUN
ajbmeb-3194	135	18	.	.	PUNCT
ajbmeb-3194	136	1	the	the	DET
ajbmeb-3194	136	2	inclusion	inclusion	NOUN
ajbmeb-3194	136	3	of	of	ADP
ajbmeb-3194	136	4	the	the	DET
ajbmeb-3194	136	5	lagged	lag	VERB
ajbmeb-3194	136	6	dependent	dependent	ADJ
ajbmeb-3194	136	7	variable	variable	ADJ
ajbmeb-3194	136	8	yt−1y_{t-1}yt−1	yt−1y_{t-1}yt−1	NOUN
ajbmeb-3194	136	9	effectively	effectively	ADV
ajbmeb-3194	136	10	eliminated	eliminate	VERB
ajbmeb-3194	136	11	residual	residual	ADJ
ajbmeb-3194	136	12	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	136	13	,	,	PUNCT
ajbmeb-3194	136	14	as	as	SCONJ
ajbmeb-3194	136	15	confirmed	confirm	VERB
ajbmeb-3194	136	16	by	by	ADP
ajbmeb-3194	136	17	the	the	DET
ajbmeb-3194	136	18	durbin	durbin	ADJ
ajbmeb-3194	136	19	–	–	PUNCT
ajbmeb-3194	136	20	watson	watson	PROPN
ajbmeb-3194	136	21	test	test	NOUN
ajbmeb-3194	136	22	.	.	PUNCT
ajbmeb-3194	137	1	this	this	PRON
ajbmeb-3194	137	2	confirms	confirm	VERB
ajbmeb-3194	137	3	the	the	DET
ajbmeb-3194	137	4	model	model	NOUN
ajbmeb-3194	137	5	’s	’s	PART
ajbmeb-3194	137	6	suitability	suitability	NOUN
ajbmeb-3194	137	7	for	for	ADP
ajbmeb-3194	137	8	further	further	ADJ
ajbmeb-3194	137	9	analytical	analytical	ADJ
ajbmeb-3194	137	10	applications	application	NOUN
ajbmeb-3194	137	11	and	and	CCONJ
ajbmeb-3194	137	12	short	short	ADJ
ajbmeb-3194	137	13	-	-	PUNCT
ajbmeb-3194	137	14	term	term	NOUN
ajbmeb-3194	137	15	forecasting	forecasting	NOUN
ajbmeb-3194	137	16	of	of	ADP
ajbmeb-3194	137	17	npl	npl	NOUN
ajbmeb-3194	137	18	trends	trend	NOUN
ajbmeb-3194	137	19	.	.	PUNCT
ajbmeb-3194	138	1	subsequently	subsequently	ADV
ajbmeb-3194	138	2	,	,	PUNCT
ajbmeb-3194	138	3	the	the	DET
ajbmeb-3194	138	4	study	study	NOUN
ajbmeb-3194	138	5	evaluates	evaluate	VERB
ajbmeb-3194	138	6	alternative	alternative	ADJ
ajbmeb-3194	138	7	arima	arima	NOUN
ajbmeb-3194	138	8	models	model	NOUN
ajbmeb-3194	138	9	using	use	VERB
ajbmeb-3194	138	10	stata	stata	NOUN
ajbmeb-3194	138	11	to	to	PART
ajbmeb-3194	138	12	further	far	ADV
ajbmeb-3194	138	13	refine	refine	VERB
ajbmeb-3194	138	14	the	the	DET
ajbmeb-3194	138	15	forecasting	forecasting	NOUN
ajbmeb-3194	138	16	process	process	NOUN
ajbmeb-3194	138	17	.	.	PUNCT
ajbmeb-3194	139	1	three	three	NUM
ajbmeb-3194	139	2	specifications	specification	NOUN
ajbmeb-3194	139	3	were	be	AUX
ajbmeb-3194	139	4	constructed	construct	VERB
ajbmeb-3194	139	5	:	:	PUNCT
ajbmeb-3194	139	6	arima(0,1,0	arima(0,1,0	NUM
ajbmeb-3194	139	7	)	)	PUNCT
ajbmeb-3194	139	8	,	,	PUNCT
ajbmeb-3194	139	9	arima(1,1,0	arima(1,1,0	PROPN
ajbmeb-3194	139	10	)	)	PUNCT
ajbmeb-3194	139	11	,	,	PUNCT
ajbmeb-3194	139	12	and	and	CCONJ
ajbmeb-3194	139	13	arima(0,1,1	arima(0,1,1	NOUN
ajbmeb-3194	139	14	)	)	PUNCT
ajbmeb-3194	139	15	.	.	PUNCT
ajbmeb-3194	140	1	a	a	DET
ajbmeb-3194	140	2	comparative	comparative	ADJ
ajbmeb-3194	140	3	analysis	analysis	NOUN
ajbmeb-3194	140	4	of	of	ADP
ajbmeb-3194	140	5	these	these	DET
ajbmeb-3194	140	6	models	model	NOUN
ajbmeb-3194	140	7	is	be	AUX
ajbmeb-3194	140	8	presented	present	VERB
ajbmeb-3194	140	9	below	below	ADV
ajbmeb-3194	140	10	,	,	PUNCT
ajbmeb-3194	140	11	with	with	ADP
ajbmeb-3194	140	12	detailed	detailed	ADJ
ajbmeb-3194	140	13	computations	computation	NOUN
ajbmeb-3194	140	14	provided	provide	VERB
ajbmeb-3194	140	15	in	in	ADP
ajbmeb-3194	140	16	the	the	DET
ajbmeb-3194	140	17	appendix	appendix	NOUN
ajbmeb-3194	140	18	.	.	PUNCT
ajbmeb-3194	141	1	table	table	NOUN
ajbmeb-3194	141	2	6	6	NUM
ajbmeb-3194	141	3	comparative	comparative	ADJ
ajbmeb-3194	141	4	analysis	analysis	NOUN
ajbmeb-3194	141	5	of	of	ADP
ajbmeb-3194	141	6	the	the	DET
ajbmeb-3194	141	7	models	model	NOUN
ajbmeb-3194	141	8	6	6	NUM
ajbmeb-3194	141	9	:	:	PUNCT
ajbmeb-3194	142	1	модель	модель	PROPN
ajbmeb-3194	142	2	aic	aic	PROPN
ajbmeb-3194	142	3	(	(	PUNCT
ajbmeb-3194	142	4	≈	≈	PROPN
ajbmeb-3194	142	5	2k	2k	PROPN
ajbmeb-3194	142	6	–	–	PUNCT
ajbmeb-3194	142	7	2ll	2ll	ADJ
ajbmeb-3194	142	8	)	)	PUNCT
ajbmeb-3194	142	9	loglikelihood	loglikelihood	PROPN
ajbmeb-3194	142	10	ar	ar	PROPN
ajbmeb-3194	142	11	/	/	SYM
ajbmeb-3194	142	12	ma	ma	PROPN
ajbmeb-3194	142	13	value	value	NOUN
ajbmeb-3194	142	14	conclusion	conclusion	NOUN
ajbmeb-3194	142	15	arima(0,1,0	arima(0,1,0	PROPN
ajbmeb-3194	142	16	)	)	PUNCT
ajbmeb-3194	142	17	1014.14	1014.14	NUM
ajbmeb-3194	142	18	–	–	PUNCT
ajbmeb-3194	142	19	506.072	506.072	NUM
ajbmeb-3194	142	20	—	—	PUNCT
ajbmeb-3194	142	21	drift	drift	NOUN
ajbmeb-3194	142	22	(	(	PUNCT
ajbmeb-3194	142	23	constant	constant	ADJ
ajbmeb-3194	142	24	):	):	PUNCT
ajbmeb-3194	142	25	statistically	statistically	ADV
ajbmeb-3194	142	26	significant	significant	ADJ
ajbmeb-3194	142	27	arima(1,1,0	arima(1,1,0	NOUN
ajbmeb-3194	142	28	)	)	PUNCT
ajbmeb-3194	142	29	1013.34	1013.34	NUM
ajbmeb-3194	142	30	–	–	PUNCT
ajbmeb-3194	142	31	505.672	505.672	NUM
ajbmeb-3194	142	32	ar	ar	NOUN
ajbmeb-3194	142	33	:	:	PUNCT
ajbmeb-3194	142	34	not	not	PART
ajbmeb-3194	142	35	statistically	statistically	ADV
ajbmeb-3194	142	36	significant	significant	ADJ
ajbmeb-3194	142	37	ar(1	ar(1	NOUN
ajbmeb-3194	142	38	):	):	PUNCT
ajbmeb-3194	142	39	redundant	redundant	ADJ
ajbmeb-3194	142	40	/	/	SYM
ajbmeb-3194	142	41	not	not	PART
ajbmeb-3194	142	42	necessary	necessary	ADJ
ajbmeb-3194	142	43	arima(0,1,1	arima(0,1,1	NOUN
ajbmeb-3194	142	44	)	)	PUNCT
ajbmeb-3194	142	45	1013.41	1013.41	NUM
ajbmeb-3194	142	46	–	–	PUNCT
ajbmeb-3194	142	47	505.705	505.705	NUM
ajbmeb-3194	142	48	ma	ma	NOUN
ajbmeb-3194	142	49	:	:	PUNCT
ajbmeb-3194	142	50	not	not	PART
ajbmeb-3194	142	51	statistically	statistically	ADV
ajbmeb-3194	142	52	significant	significant	ADJ
ajbmeb-3194	142	53	ma(1	ma(1	NOUN
ajbmeb-3194	142	54	):	):	PUNCT
ajbmeb-3194	142	55	redundant	redundant	ADJ
ajbmeb-3194	142	56	/	/	SYM
ajbmeb-3194	142	57	not	not	PART
ajbmeb-3194	142	58	necessary	necessary	ADJ
ajbmeb-3194	142	59	note	note	NOUN
ajbmeb-3194	142	60	:	:	PUNCT
ajbmeb-3194	142	61	aic	aic	PROPN
ajbmeb-3194	142	62	≈	≈	PROPN
ajbmeb-3194	142	63	–	–	PUNCT
ajbmeb-3194	142	64	2	2	NUM
ajbmeb-3194	142	65	×	×	NOUN
ajbmeb-3194	142	66	logl	logl	NOUN
ajbmeb-3194	142	67	+	+	CCONJ
ajbmeb-3194	142	68	2k	2k	NUM
ajbmeb-3194	142	69	by	by	ADP
ajbmeb-3194	142	70	comparing	compare	VERB
ajbmeb-3194	142	71	the	the	DET
ajbmeb-3194	142	72	estimated	estimate	VERB
ajbmeb-3194	142	73	models	model	NOUN
ajbmeb-3194	142	74	,	,	PUNCT
ajbmeb-3194	142	75	the	the	DET
ajbmeb-3194	142	76	following	follow	VERB
ajbmeb-3194	142	77	conclusions	conclusion	NOUN
ajbmeb-3194	142	78	can	can	AUX
ajbmeb-3194	142	79	be	be	AUX
ajbmeb-3194	142	80	drawn	draw	VERB
ajbmeb-3194	142	81	:	:	PUNCT
ajbmeb-3194	142	82	6	6	NUM
ajbmeb-3194	142	83	calculated	calculate	VERB
ajbmeb-3194	142	84	using	use	VERB
ajbmeb-3194	142	85	stata	stata	NOUN
ajbmeb-3194	142	86	software	software	NOUN
ajbmeb-3194	142	87	.	.	PUNCT
ajbmeb-3194	143	1	american	american	ADJ
ajbmeb-3194	143	2	journal	journal	PROPN
ajbmeb-3194	143	3	of	of	ADP
ajbmeb-3194	143	4	business	business	NOUN
ajbmeb-3194	143	5	management	management	NOUN
ajbmeb-3194	143	6	,	,	PUNCT
ajbmeb-3194	143	7	economics	economic	NOUN
ajbmeb-3194	143	8	and	and	CCONJ
ajbmeb-3194	143	9	banking	banking	NOUN
ajbmeb-3194	143	10	volume	volume	NOUN
ajbmeb-3194	143	11	43	43	NUM
ajbmeb-3194	144	1	december2025	december2025	PROPN
ajbmeb-3194	144	2	p	p	PROPN
ajbmeb-3194	144	3	a	a	DET
ajbmeb-3194	144	4	g	g	NOUN
ajbmeb-3194	144	5	e	e	NOUN
ajbmeb-3194	145	1	|	|	ADV
ajbmeb-3194	145	2	22	22	NUM
ajbmeb-3194	145	3	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3194	145	4	•	•	NOUN
ajbmeb-3194	145	5	in	in	ADP
ajbmeb-3194	145	6	all	all	DET
ajbmeb-3194	145	7	three	three	NUM
ajbmeb-3194	145	8	models	model	NOUN
ajbmeb-3194	145	9	,	,	PUNCT
ajbmeb-3194	145	10	the	the	DET
ajbmeb-3194	145	11	akaike	akaike	ADJ
ajbmeb-3194	145	12	information	information	NOUN
ajbmeb-3194	145	13	criterion	criterion	NOUN
ajbmeb-3194	145	14	(	(	PUNCT
ajbmeb-3194	145	15	aic	aic	PROPN
ajbmeb-3194	145	16	)	)	PUNCT
ajbmeb-3194	145	17	differences	difference	NOUN
ajbmeb-3194	145	18	are	be	AUX
ajbmeb-3194	145	19	very	very	ADV
ajbmeb-3194	145	20	small	small	ADJ
ajbmeb-3194	145	21	(	(	PUNCT
ajbmeb-3194	145	22	<	<	X
ajbmeb-3194	145	23	1	1	NUM
ajbmeb-3194	145	24	)	)	PUNCT
ajbmeb-3194	145	25	,	,	PUNCT
ajbmeb-3194	145	26	indicating	indicate	VERB
ajbmeb-3194	145	27	that	that	SCONJ
ajbmeb-3194	145	28	the	the	DET
ajbmeb-3194	145	29	models	model	NOUN
ajbmeb-3194	145	30	are	be	AUX
ajbmeb-3194	145	31	equivalent	equivalent	ADJ
ajbmeb-3194	145	32	in	in	ADP
ajbmeb-3194	145	33	terms	term	NOUN
ajbmeb-3194	145	34	of	of	ADP
ajbmeb-3194	145	35	fit	fit	ADJ
ajbmeb-3194	145	36	quality	quality	NOUN
ajbmeb-3194	145	37	.	.	PUNCT
ajbmeb-3194	146	1	•	•	NUM
ajbmeb-3194	146	2	both	both	DET
ajbmeb-3194	146	3	ar(1	ar(1	NOUN
ajbmeb-3194	146	4	)	)	PUNCT
ajbmeb-3194	146	5	and	and	CCONJ
ajbmeb-3194	146	6	ma(1	ma(1	NOUN
ajbmeb-3194	146	7	)	)	PUNCT
ajbmeb-3194	146	8	terms	term	NOUN
ajbmeb-3194	146	9	are	be	AUX
ajbmeb-3194	146	10	not	not	PART
ajbmeb-3194	146	11	statistically	statistically	ADV
ajbmeb-3194	146	12	significant	significant	ADJ
ajbmeb-3194	146	13	(	(	PUNCT
ajbmeb-3194	146	14	p	p	X
ajbmeb-3194	146	15	>	>	X
ajbmeb-3194	146	16	0.3	0.3	NUM
ajbmeb-3194	146	17	)	)	PUNCT
ajbmeb-3194	146	18	.	.	PUNCT
ajbmeb-3194	147	1	•	•	NOUN
ajbmeb-3194	147	2	only	only	ADV
ajbmeb-3194	147	3	in	in	ADP
ajbmeb-3194	147	4	arima(0,1,0	arima(0,1,0	PROPN
ajbmeb-3194	147	5	)	)	PUNCT
ajbmeb-3194	147	6	is	be	AUX
ajbmeb-3194	147	7	the	the	DET
ajbmeb-3194	147	8	constant	constant	ADJ
ajbmeb-3194	147	9	(	(	PUNCT
ajbmeb-3194	147	10	drift	drift	NOUN
ajbmeb-3194	147	11	)	)	PUNCT
ajbmeb-3194	147	12	statistically	statistically	ADV
ajbmeb-3194	147	13	significant	significant	ADJ
ajbmeb-3194	147	14	at	at	ADP
ajbmeb-3194	147	15	the	the	DET
ajbmeb-3194	147	16	5	5	NUM
ajbmeb-3194	147	17	%	%	NOUN
ajbmeb-3194	147	18	level	level	NOUN
ajbmeb-3194	147	19	.	.	PUNCT
ajbmeb-3194	148	1	drift=300,27	drift=300,27	NOUN
ajbmeb-3194	148	2	;	;	PUNCT
ajbmeb-3194	148	3	p=0,044	p=0,044	PROPN
ajbmeb-3194	148	4	.	.	PROPN
ajbmeb-3194	148	5	4.4	4.4	NUM
ajbmeb-3194	148	6	arima	arima	PROPN
ajbmeb-3194	148	7	model	model	NOUN
ajbmeb-3194	148	8	for	for	ADP
ajbmeb-3194	148	9	forecasting	forecasting	NOUN
ajbmeb-3194	148	10	based	base	VERB
ajbmeb-3194	148	11	on	on	ADP
ajbmeb-3194	148	12	the	the	DET
ajbmeb-3194	148	13	calculations	calculation	NOUN
ajbmeb-3194	148	14	above	above	ADV
ajbmeb-3194	148	15	,	,	PUNCT
ajbmeb-3194	148	16	we	we	PRON
ajbmeb-3194	148	17	constructed	construct	VERB
ajbmeb-3194	148	18	the	the	DET
ajbmeb-3194	148	19	simple	simple	ADJ
ajbmeb-3194	148	20	arima(0,1,0	arima(0,1,0	PROPN
ajbmeb-3194	148	21	)	)	PUNCT
ajbmeb-3194	148	22	model	model	NOUN
ajbmeb-3194	148	23	(	(	PUNCT
ajbmeb-3194	148	24	model	model	NOUN
ajbmeb-3194	148	25	3	3	NUM
ajbmeb-3194	148	26	):	):	PUNCT
ajbmeb-3194	148	27	yt	yt	PROPN
ajbmeb-3194	148	28	=	=	PROPN
ajbmeb-3194	148	29	yt−1	yt−1	PROPN
ajbmeb-3194	148	30	+	+	NOUN
ajbmeb-3194	148	31	300,27	300,27	NUM
ajbmeb-3194	148	32	+	+	CCONJ
ajbmeb-3194	148	33	εt	εt	VERB
ajbmeb-3194	148	34	the	the	DET
ajbmeb-3194	148	35	results	result	NOUN
ajbmeb-3194	148	36	of	of	ADP
ajbmeb-3194	148	37	the	the	DET
ajbmeb-3194	148	38	ljung	ljung	ADJ
ajbmeb-3194	148	39	–	–	PUNCT
ajbmeb-3194	148	40	box	box	NOUN
ajbmeb-3194	148	41	test	test	NOUN
ajbmeb-3194	148	42	confirm	confirm	VERB
ajbmeb-3194	148	43	that	that	SCONJ
ajbmeb-3194	148	44	the	the	DET
ajbmeb-3194	148	45	residuals	residual	NOUN
ajbmeb-3194	148	46	of	of	ADP
ajbmeb-3194	148	47	the	the	DET
ajbmeb-3194	148	48	model	model	NOUN
ajbmeb-3194	148	49	are	be	AUX
ajbmeb-3194	148	50	free	free	ADJ
ajbmeb-3194	148	51	from	from	ADP
ajbmeb-3194	148	52	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	148	53	:	:	PUNCT
ajbmeb-3194	148	54	q=18.13q	q=18.13q	PROPN
ajbmeb-3194	148	55	=	=	SYM
ajbmeb-3194	148	56	18.13q=18.13	18.13q=18.13	PROPN
ajbmeb-3194	148	57	,	,	PUNCT
ajbmeb-3194	148	58	p=0.1118p	p=0.1118p	X
ajbmeb-3194	148	59	=	=	SYM
ajbmeb-3194	148	60	0.1118p=0.1118	0.1118p=0.1118	X
ajbmeb-3194	148	61	.	.	PUNCT
ajbmeb-3194	149	1	therefore	therefore	ADV
ajbmeb-3194	149	2	,	,	PUNCT
ajbmeb-3194	149	3	the	the	DET
ajbmeb-3194	149	4	model	model	NOUN
ajbmeb-3194	149	5	is	be	AUX
ajbmeb-3194	149	6	adequate	adequate	ADJ
ajbmeb-3194	149	7	.	.	PUNCT
ajbmeb-3194	150	1	this	this	PRON
ajbmeb-3194	150	2	implies	imply	VERB
ajbmeb-3194	150	3	that	that	SCONJ
ajbmeb-3194	150	4	the	the	DET
ajbmeb-3194	150	5	arima(0,1,0	arima(0,1,0	PROPN
ajbmeb-3194	150	6	)	)	PUNCT
ajbmeb-3194	150	7	model	model	NOUN
ajbmeb-3194	150	8	can	can	AUX
ajbmeb-3194	150	9	be	be	AUX
ajbmeb-3194	150	10	confidently	confidently	ADV
ajbmeb-3194	150	11	used	use	VERB
ajbmeb-3194	150	12	for	for	ADP
ajbmeb-3194	150	13	future	future	ADJ
ajbmeb-3194	150	14	baseline	baseline	NOUN
ajbmeb-3194	150	15	forecasting	forecasting	NOUN
ajbmeb-3194	150	16	based	base	VERB
ajbmeb-3194	150	17	on	on	ADP
ajbmeb-3194	150	18	the	the	DET
ajbmeb-3194	150	19	time	time	NOUN
ajbmeb-3194	150	20	series	series	PROPN
ajbmeb-3194	150	21	data	data	PROPN
ajbmeb-3194	150	22	.	.	PUNCT
ajbmeb-3194	151	1	figure	figure	NOUN
ajbmeb-3194	151	2	1	1	NUM
ajbmeb-3194	151	3	.	.	PUNCT
ajbmeb-3194	151	4	one	one	NUM
ajbmeb-3194	151	5	-	-	PUNCT
ajbmeb-3194	151	6	year	year	NOUN
ajbmeb-3194	151	7	forecast	forecast	NOUN
ajbmeb-3194	151	8	of	of	ADP
ajbmeb-3194	151	9	non	non	ADJ
ajbmeb-3194	151	10	-	-	ADJ
ajbmeb-3194	151	11	performing	performing	ADJ
ajbmeb-3194	151	12	loans	loan	NOUN
ajbmeb-3194	151	13	based	base	VERB
ajbmeb-3194	151	14	on	on	ADP
ajbmeb-3194	151	15	the	the	DET
ajbmeb-3194	151	16	arima(0,1,0	arima(0,1,0	PROPN
ajbmeb-3194	151	17	)	)	PUNCT
ajbmeb-3194	151	18	model	model	NOUN
ajbmeb-3194	151	19	7	7	NUM
ajbmeb-3194	151	20	based	base	VERB
ajbmeb-3194	151	21	on	on	ADP
ajbmeb-3194	151	22	the	the	DET
ajbmeb-3194	151	23	forecast	forecast	NOUN
ajbmeb-3194	151	24	generated	generate	VERB
ajbmeb-3194	151	25	by	by	ADP
ajbmeb-3194	151	26	the	the	DET
ajbmeb-3194	151	27	arima(0,1,0	arima(0,1,0	PROPN
ajbmeb-3194	151	28	)	)	PUNCT
ajbmeb-3194	151	29	model	model	NOUN
ajbmeb-3194	151	30	,	,	PUNCT
ajbmeb-3194	151	31	it	it	PRON
ajbmeb-3194	151	32	can	can	AUX
ajbmeb-3194	151	33	be	be	AUX
ajbmeb-3194	151	34	observed	observe	VERB
ajbmeb-3194	151	35	that	that	SCONJ
ajbmeb-3194	151	36	the	the	DET
ajbmeb-3194	151	37	volume	volume	NOUN
ajbmeb-3194	151	38	of	of	ADP
ajbmeb-3194	151	39	non	non	ADJ
ajbmeb-3194	151	40	-	-	ADJ
ajbmeb-3194	151	41	performing	performing	ADJ
ajbmeb-3194	151	42	loans	loan	NOUN
ajbmeb-3194	151	43	is	be	AUX
ajbmeb-3194	151	44	expected	expect	VERB
ajbmeb-3194	151	45	to	to	PART
ajbmeb-3194	151	46	increase	increase	VERB
ajbmeb-3194	151	47	steadily	steadily	ADV
ajbmeb-3194	151	48	by	by	ADP
ajbmeb-3194	151	49	approximately	approximately	ADV
ajbmeb-3194	151	50	300.27	300.27	NUM
ajbmeb-3194	151	51	units	unit	NOUN
ajbmeb-3194	151	52	per	per	ADP
ajbmeb-3194	151	53	month	month	NOUN
ajbmeb-3194	151	54	.	.	PUNCT
ajbmeb-3194	152	1	maintaining	maintain	VERB
ajbmeb-3194	152	2	a	a	DET
ajbmeb-3194	152	3	high	high	ADJ
ajbmeb-3194	152	4	level	level	NOUN
ajbmeb-3194	152	5	of	of	ADP
ajbmeb-3194	152	6	capital	capital	NOUN
ajbmeb-3194	152	7	adequacy	adequacy	NOUN
ajbmeb-3194	152	8	(	(	PUNCT
ajbmeb-3194	152	9	x₁	x₁	PROPN
ajbmeb-3194	152	10	)	)	PUNCT
ajbmeb-3194	152	11	plays	play	VERB
ajbmeb-3194	152	12	a	a	DET
ajbmeb-3194	152	13	critical	critical	ADJ
ajbmeb-3194	152	14	role	role	NOUN
ajbmeb-3194	152	15	in	in	ADP
ajbmeb-3194	152	16	mitigating	mitigate	VERB
ajbmeb-3194	152	17	the	the	DET
ajbmeb-3194	152	18	risk	risk	NOUN
ajbmeb-3194	152	19	of	of	ADP
ajbmeb-3194	152	20	rising	rise	VERB
ajbmeb-3194	152	21	npls	npls	NOUN
ajbmeb-3194	152	22	.	.	PUNCT
ajbmeb-3194	153	1	in	in	ADP
ajbmeb-3194	153	2	contrast	contrast	NOUN
ajbmeb-3194	153	3	,	,	PUNCT
ajbmeb-3194	153	4	expansion	expansion	NOUN
ajbmeb-3194	153	5	of	of	ADP
ajbmeb-3194	153	6	the	the	DET
ajbmeb-3194	153	7	deposit	deposit	NOUN
ajbmeb-3194	153	8	base	base	NOUN
ajbmeb-3194	153	9	(	(	PUNCT
ajbmeb-3194	153	10	x₂	x₂	NOUN
ajbmeb-3194	153	11	)	)	PUNCT
ajbmeb-3194	153	12	may	may	AUX
ajbmeb-3194	153	13	contribute	contribute	VERB
ajbmeb-3194	153	14	to	to	ADP
ajbmeb-3194	153	15	the	the	DET
ajbmeb-3194	153	16	accumulation	accumulation	NOUN
ajbmeb-3194	153	17	of	of	ADP
ajbmeb-3194	153	18	nonperforming	nonperforme	VERB
ajbmeb-3194	153	19	assets	asset	NOUN
ajbmeb-3194	153	20	if	if	SCONJ
ajbmeb-3194	153	21	credit	credit	NOUN
ajbmeb-3194	153	22	quality	quality	NOUN
ajbmeb-3194	153	23	is	be	AUX
ajbmeb-3194	153	24	not	not	PART
ajbmeb-3194	153	25	subject	subject	ADJ
ajbmeb-3194	153	26	to	to	ADP
ajbmeb-3194	153	27	strict	strict	ADJ
ajbmeb-3194	153	28	monitoring	monitoring	NOUN
ajbmeb-3194	153	29	and	and	CCONJ
ajbmeb-3194	153	30	control	control	NOUN
ajbmeb-3194	153	31	.	.	PUNCT
ajbmeb-3194	154	1	although	although	SCONJ
ajbmeb-3194	154	2	a	a	DET
ajbmeb-3194	154	3	high	high	ADJ
ajbmeb-3194	154	4	liquidity	liquidity	NOUN
ajbmeb-3194	154	5	ratio	ratio	NOUN
ajbmeb-3194	154	6	(	(	PUNCT
ajbmeb-3194	154	7	x₅	x₅	PROPN
ajbmeb-3194	154	8	)	)	PUNCT
ajbmeb-3194	154	9	generally	generally	ADV
ajbmeb-3194	154	10	indicates	indicate	VERB
ajbmeb-3194	154	11	a	a	DET
ajbmeb-3194	154	12	stable	stable	ADJ
ajbmeb-3194	154	13	banking	banking	NOUN
ajbmeb-3194	154	14	system	system	NOUN
ajbmeb-3194	154	15	,	,	PUNCT
ajbmeb-3194	154	16	it	it	PRON
ajbmeb-3194	154	17	also	also	ADV
ajbmeb-3194	154	18	requires	require	VERB
ajbmeb-3194	154	19	prudent	prudent	ADJ
ajbmeb-3194	154	20	and	and	CCONJ
ajbmeb-3194	154	21	balanced	balanced	ADJ
ajbmeb-3194	154	22	management	management	NOUN
ajbmeb-3194	154	23	.	.	PUNCT
ajbmeb-3194	155	1	relying	rely	VERB
ajbmeb-3194	155	2	on	on	ADP
ajbmeb-3194	155	3	aggressive	aggressive	ADJ
ajbmeb-3194	155	4	lending	lending	NOUN
ajbmeb-3194	155	5	strategies	strategy	NOUN
ajbmeb-3194	155	6	solely	solely	ADV
ajbmeb-3194	155	7	on	on	ADP
ajbmeb-3194	155	8	the	the	DET
ajbmeb-3194	155	9	basis	basis	NOUN
ajbmeb-3194	155	10	of	of	ADP
ajbmeb-3194	155	11	high	high	ADJ
ajbmeb-3194	155	12	7	7	NUM
ajbmeb-3194	155	13	calculated	calculate	VERB
ajbmeb-3194	155	14	using	use	VERB
ajbmeb-3194	155	15	stata	stata	NOUN
ajbmeb-3194	155	16	software	software	NOUN
ajbmeb-3194	155	17	.	.	PUNCT
ajbmeb-3194	156	1	50	50	NUM
ajbmeb-3194	156	2	00	00	NUM
ajbmeb-3194	156	3	10	10	NUM
ajbmeb-3194	156	4	00	00	NUM
ajbmeb-3194	156	5	0	0	NUM
ajbmeb-3194	156	6	15	15	NUM
ajbmeb-3194	156	7	00	00	NUM
ajbmeb-3194	156	8	0	0	NUM
ajbmeb-3194	156	9	20	20	NUM
ajbmeb-3194	156	10	00	00	NUM
ajbmeb-3194	156	11	0	0	NUM
ajbmeb-3194	156	12	25	25	NUM
ajbmeb-3194	156	13	00	00	NUM
ajbmeb-3194	156	14	0	0	NUM
ajbmeb-3194	157	1	2020m1	2020m1	NUM
ajbmeb-3194	157	2	2022m1	2022m1	NUM
ajbmeb-3194	158	1	2024m1	2024m1	NUM
ajbmeb-3194	158	2	2026m1	2026m1	NUM
ajbmeb-3194	158	3	2028m1	2028m1	NUM
ajbmeb-3194	158	4	month_date	month_date	ADJ
ajbmeb-3194	158	5	y	y	PROPN
ajbmeb-3194	158	6	forecast_only	forecast_only	ADV
ajbmeb-3194	158	7	american	american	ADJ
ajbmeb-3194	158	8	journal	journal	PROPN
ajbmeb-3194	158	9	of	of	ADP
ajbmeb-3194	158	10	business	business	NOUN
ajbmeb-3194	158	11	management	management	NOUN
ajbmeb-3194	158	12	,	,	PUNCT
ajbmeb-3194	158	13	economics	economic	NOUN
ajbmeb-3194	158	14	and	and	CCONJ
ajbmeb-3194	158	15	banking	banking	NOUN
ajbmeb-3194	158	16	volume	volume	NOUN
ajbmeb-3194	158	17	43	43	NUM
ajbmeb-3194	159	1	december2025	december2025	PROPN
ajbmeb-3194	159	2	p	p	PROPN
ajbmeb-3194	159	3	a	a	DET
ajbmeb-3194	159	4	g	g	NOUN
ajbmeb-3194	159	5	e	e	NOUN
ajbmeb-3194	159	6	|	|	ADV
ajbmeb-3194	159	7	23	23	NUM
ajbmeb-3194	159	8	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3194	159	9	liquidity	liquidity	NOUN
ajbmeb-3194	159	10	can	can	AUX
ajbmeb-3194	159	11	increase	increase	VERB
ajbmeb-3194	159	12	credit	credit	NOUN
ajbmeb-3194	159	13	exposure	exposure	NOUN
ajbmeb-3194	159	14	and	and	CCONJ
ajbmeb-3194	159	15	heighten	heighten	VERB
ajbmeb-3194	159	16	systemic	systemic	ADJ
ajbmeb-3194	159	17	risk	risk	NOUN
ajbmeb-3194	159	18	.	.	PUNCT
ajbmeb-3194	160	1	overall	overall	ADV
ajbmeb-3194	160	2	,	,	PUNCT
ajbmeb-3194	160	3	the	the	DET
ajbmeb-3194	160	4	arima(0,1,0	arima(0,1,0	PROPN
ajbmeb-3194	160	5	)	)	PUNCT
ajbmeb-3194	160	6	forecast	forecast	NOUN
ajbmeb-3194	160	7	underscores	underscore	VERB
ajbmeb-3194	160	8	the	the	DET
ajbmeb-3194	160	9	importance	importance	NOUN
ajbmeb-3194	160	10	of	of	ADP
ajbmeb-3194	160	11	robust	robust	ADJ
ajbmeb-3194	160	12	capital	capital	NOUN
ajbmeb-3194	160	13	management	management	NOUN
ajbmeb-3194	160	14	,	,	PUNCT
ajbmeb-3194	160	15	prudent	prudent	ADJ
ajbmeb-3194	160	16	deposit	deposit	NOUN
ajbmeb-3194	160	17	expansion	expansion	NOUN
ajbmeb-3194	160	18	,	,	PUNCT
ajbmeb-3194	160	19	and	and	CCONJ
ajbmeb-3194	160	20	carefully	carefully	ADV
ajbmeb-3194	160	21	balanced	balance	VERB
ajbmeb-3194	160	22	liquidity	liquidity	NOUN
ajbmeb-3194	160	23	-	-	PUNCT
ajbmeb-3194	160	24	driven	drive	VERB
ajbmeb-3194	160	25	lending	lending	NOUN
ajbmeb-3194	160	26	strategies	strategy	NOUN
ajbmeb-3194	160	27	as	as	ADP
ajbmeb-3194	160	28	key	key	ADJ
ajbmeb-3194	160	29	measures	measure	NOUN
ajbmeb-3194	160	30	to	to	PART
ajbmeb-3194	160	31	contain	contain	VERB
ajbmeb-3194	160	32	the	the	DET
ajbmeb-3194	160	33	upward	upward	ADJ
ajbmeb-3194	160	34	trajectory	trajectory	NOUN
ajbmeb-3194	160	35	of	of	ADP
ajbmeb-3194	160	36	npls	npls	NOUN
ajbmeb-3194	160	37	.	.	PUNCT
ajbmeb-3194	161	1	the	the	DET
ajbmeb-3194	161	2	analysis	analysis	NOUN
ajbmeb-3194	161	3	was	be	AUX
ajbmeb-3194	161	4	based	base	VERB
ajbmeb-3194	161	5	on	on	ADP
ajbmeb-3194	161	6	61	61	NUM
ajbmeb-3194	161	7	monthly	monthly	ADJ
ajbmeb-3194	161	8	observations	observation	NOUN
ajbmeb-3194	161	9	from	from	ADP
ajbmeb-3194	161	10	january	january	PROPN
ajbmeb-3194	161	11	2020	2020	NUM
ajbmeb-3194	161	12	to	to	ADP
ajbmeb-3194	161	13	january	january	PROPN
ajbmeb-3194	161	14	2025	2025	NUM
ajbmeb-3194	161	15	.	.	PUNCT
ajbmeb-3194	162	1	initially	initially	ADV
ajbmeb-3194	162	2	,	,	PUNCT
ajbmeb-3194	162	3	a	a	DET
ajbmeb-3194	162	4	correlation	correlation	NOUN
ajbmeb-3194	162	5	analysis	analysis	NOUN
ajbmeb-3194	162	6	was	be	AUX
ajbmeb-3194	162	7	conducted	conduct	VERB
ajbmeb-3194	162	8	to	to	PART
ajbmeb-3194	162	9	identify	identify	VERB
ajbmeb-3194	162	10	statistically	statistically	ADV
ajbmeb-3194	162	11	significant	significant	ADJ
ajbmeb-3194	162	12	relationships	relationship	NOUN
ajbmeb-3194	162	13	among	among	ADP
ajbmeb-3194	162	14	variables	variable	NOUN
ajbmeb-3194	162	15	.	.	PUNCT
ajbmeb-3194	163	1	a	a	DET
ajbmeb-3194	163	2	linear	linear	ADJ
ajbmeb-3194	163	3	regression	regression	NOUN
ajbmeb-3194	163	4	model	model	NOUN
ajbmeb-3194	163	5	was	be	AUX
ajbmeb-3194	163	6	then	then	ADV
ajbmeb-3194	163	7	estimated	estimate	VERB
ajbmeb-3194	163	8	,	,	PUNCT
ajbmeb-3194	163	9	with	with	ADP
ajbmeb-3194	163	10	the	the	DET
ajbmeb-3194	163	11	volume	volume	NOUN
ajbmeb-3194	163	12	of	of	ADP
ajbmeb-3194	163	13	non	non	ADJ
ajbmeb-3194	163	14	-	-	ADJ
ajbmeb-3194	163	15	performing	performing	ADJ
ajbmeb-3194	163	16	loans	loan	NOUN
ajbmeb-3194	163	17	(	(	PUNCT
ajbmeb-3194	163	18	y	y	NOUN
ajbmeb-3194	163	19	)	)	PUNCT
ajbmeb-3194	163	20	as	as	ADP
ajbmeb-3194	163	21	the	the	DET
ajbmeb-3194	163	22	dependent	dependent	ADJ
ajbmeb-3194	163	23	variable	variable	NOUN
ajbmeb-3194	163	24	and	and	CCONJ
ajbmeb-3194	163	25	capital	capital	NOUN
ajbmeb-3194	163	26	adequacy	adequacy	NOUN
ajbmeb-3194	163	27	ratio	ratio	NOUN
ajbmeb-3194	163	28	(	(	PUNCT
ajbmeb-3194	163	29	x₁	x₁	PROPN
ajbmeb-3194	163	30	)	)	PUNCT
ajbmeb-3194	163	31	,	,	PUNCT
ajbmeb-3194	163	32	volume	volume	NOUN
ajbmeb-3194	163	33	of	of	ADP
ajbmeb-3194	163	34	term	term	NOUN
ajbmeb-3194	163	35	deposits	deposit	NOUN
ajbmeb-3194	163	36	(	(	PUNCT
ajbmeb-3194	163	37	x₂	x₂	ADJ
ajbmeb-3194	163	38	)	)	PUNCT
ajbmeb-3194	163	39	,	,	PUNCT
ajbmeb-3194	163	40	and	and	CCONJ
ajbmeb-3194	163	41	instant	instant	ADJ
ajbmeb-3194	163	42	liquidity	liquidity	NOUN
ajbmeb-3194	163	43	ratio	ratio	NOUN
ajbmeb-3194	163	44	(	(	PUNCT
ajbmeb-3194	163	45	x₅	x₅	PROPN
ajbmeb-3194	163	46	)	)	PUNCT
ajbmeb-3194	163	47	as	as	ADP
ajbmeb-3194	163	48	explanatory	explanatory	ADJ
ajbmeb-3194	163	49	variables	variable	NOUN
ajbmeb-3194	163	50	.	.	PUNCT
ajbmeb-3194	164	1	although	although	SCONJ
ajbmeb-3194	164	2	the	the	DET
ajbmeb-3194	164	3	coefficients	coefficient	NOUN
ajbmeb-3194	164	4	were	be	AUX
ajbmeb-3194	164	5	statistically	statistically	ADV
ajbmeb-3194	164	6	significant	significant	ADJ
ajbmeb-3194	164	7	,	,	PUNCT
ajbmeb-3194	164	8	the	the	DET
ajbmeb-3194	164	9	model	model	NOUN
ajbmeb-3194	164	10	did	do	AUX
ajbmeb-3194	164	11	not	not	PART
ajbmeb-3194	164	12	pass	pass	VERB
ajbmeb-3194	164	13	the	the	DET
ajbmeb-3194	164	14	autocorrelation	autocorrelation	NOUN
ajbmeb-3194	164	15	diagnostic	diagnostic	ADJ
ajbmeb-3194	164	16	tests	test	NOUN
ajbmeb-3194	164	17	,	,	PUNCT
ajbmeb-3194	164	18	necessitating	necessitate	VERB
ajbmeb-3194	164	19	the	the	DET
ajbmeb-3194	164	20	use	use	NOUN
ajbmeb-3194	164	21	of	of	ADP
ajbmeb-3194	164	22	a	a	DET
ajbmeb-3194	164	23	dynamic	dynamic	ADJ
ajbmeb-3194	164	24	modeling	modeling	NOUN
ajbmeb-3194	164	25	approach	approach	NOUN
ajbmeb-3194	164	26	.	.	PUNCT
ajbmeb-3194	165	1	to	to	PART
ajbmeb-3194	165	2	address	address	VERB
ajbmeb-3194	165	3	this	this	DET
ajbmeb-3194	165	4	issue	issue	NOUN
ajbmeb-3194	165	5	,	,	PUNCT
ajbmeb-3194	165	6	the	the	DET
ajbmeb-3194	165	7	lagged	lag	VERB
ajbmeb-3194	165	8	dependent	dependent	ADJ
ajbmeb-3194	165	9	variable	variable	ADJ
ajbmeb-3194	165	10	yt−1y_{t-1}yt−1	yt−1y_{t-1}yt−1	PROPN
ajbmeb-3194	165	11	was	be	AUX
ajbmeb-3194	165	12	introduced	introduce	VERB
ajbmeb-3194	165	13	,	,	PUNCT
ajbmeb-3194	165	14	and	and	CCONJ
ajbmeb-3194	165	15	an	an	DET
ajbmeb-3194	165	16	arima	arima	PROPN
ajbmeb-3194	165	17	(	(	PUNCT
ajbmeb-3194	165	18	0,1,0	0,1,0	NUM
ajbmeb-3194	165	19	)	)	PUNCT
ajbmeb-3194	165	20	model	model	NOUN
ajbmeb-3194	165	21	was	be	AUX
ajbmeb-3194	165	22	developed	develop	VERB
ajbmeb-3194	165	23	.	.	PUNCT
ajbmeb-3194	166	1	this	this	DET
ajbmeb-3194	166	2	specification	specification	NOUN
ajbmeb-3194	166	3	proved	prove	VERB
ajbmeb-3194	166	4	to	to	PART
ajbmeb-3194	166	5	be	be	AUX
ajbmeb-3194	166	6	statistically	statistically	ADV
ajbmeb-3194	166	7	reliable	reliable	ADJ
ajbmeb-3194	166	8	,	,	PUNCT
ajbmeb-3194	166	9	capturing	capture	VERB
ajbmeb-3194	166	10	the	the	DET
ajbmeb-3194	166	11	underlying	underlie	VERB
ajbmeb-3194	166	12	trend	trend	NOUN
ajbmeb-3194	166	13	in	in	ADP
ajbmeb-3194	166	14	the	the	DET
ajbmeb-3194	166	15	dependent	dependent	ADJ
ajbmeb-3194	166	16	variable	variable	NOUN
ajbmeb-3194	166	17	,	,	PUNCT
ajbmeb-3194	166	18	with	with	ADP
ajbmeb-3194	166	19	npl	npl	PROPN
ajbmeb-3194	166	20	volumes	volume	NOUN
ajbmeb-3194	166	21	rising	rise	VERB
ajbmeb-3194	166	22	at	at	ADP
ajbmeb-3194	166	23	a	a	DET
ajbmeb-3194	166	24	stable	stable	ADJ
ajbmeb-3194	166	25	monthly	monthly	ADJ
ajbmeb-3194	166	26	rate	rate	NOUN
ajbmeb-3194	166	27	of	of	ADP
ajbmeb-3194	166	28	approximately	approximately	ADV
ajbmeb-3194	166	29	300.27	300.27	NUM
ajbmeb-3194	166	30	units	unit	NOUN
ajbmeb-3194	166	31	.	.	PUNCT
ajbmeb-3194	167	1	subsequently	subsequently	ADV
ajbmeb-3194	167	2	,	,	PUNCT
ajbmeb-3194	167	3	an	an	DET
ajbmeb-3194	167	4	armax	armax	NOUN
ajbmeb-3194	167	5	model	model	NOUN
ajbmeb-3194	167	6	was	be	AUX
ajbmeb-3194	167	7	estimated	estimate	VERB
ajbmeb-3194	167	8	to	to	PART
ajbmeb-3194	167	9	incorporate	incorporate	VERB
ajbmeb-3194	167	10	both	both	DET
ajbmeb-3194	167	11	exogenous	exogenous	ADJ
ajbmeb-3194	167	12	factors	factor	NOUN
ajbmeb-3194	167	13	and	and	CCONJ
ajbmeb-3194	167	14	lagged	lag	VERB
ajbmeb-3194	167	15	dynamics	dynamic	NOUN
ajbmeb-3194	167	16	.	.	PUNCT
ajbmeb-3194	168	1	this	this	DET
ajbmeb-3194	168	2	model	model	NOUN
ajbmeb-3194	168	3	successfully	successfully	ADV
ajbmeb-3194	168	4	passed	pass	VERB
ajbmeb-3194	168	5	diagnostic	diagnostic	ADJ
ajbmeb-3194	168	6	and	and	CCONJ
ajbmeb-3194	168	7	stability	stability	NOUN
ajbmeb-3194	168	8	tests	test	NOUN
ajbmeb-3194	168	9	,	,	PUNCT
ajbmeb-3194	168	10	confirming	confirm	VERB
ajbmeb-3194	168	11	its	its	PRON
ajbmeb-3194	168	12	suitability	suitability	NOUN
ajbmeb-3194	168	13	for	for	ADP
ajbmeb-3194	168	14	robust	robust	ADJ
ajbmeb-3194	168	15	analysis	analysis	NOUN
ajbmeb-3194	168	16	and	and	CCONJ
ajbmeb-3194	168	17	short	short	ADJ
ajbmeb-3194	168	18	-	-	PUNCT
ajbmeb-3194	168	19	term	term	NOUN
ajbmeb-3194	168	20	forecasting	forecasting	NOUN
ajbmeb-3194	168	21	.	.	PUNCT
ajbmeb-3194	169	1	the	the	DET
ajbmeb-3194	169	2	final	final	ADJ
ajbmeb-3194	169	3	equation	equation	NOUN
ajbmeb-3194	169	4	is	be	AUX
ajbmeb-3194	169	5	expressed	express	VERB
ajbmeb-3194	169	6	as	as	ADP
ajbmeb-3194	169	7	:	:	PUNCT
ajbmeb-3194	169	8	yt=17	yt=17	NOUN
ajbmeb-3194	169	9	875,7	875,7	PROPN
ajbmeb-3194	169	10	+	+	CCONJ
ajbmeb-3194	169	11	0,8703⋅yt−1	0,8703⋅yt−1	NUM
ajbmeb-3194	169	12	+	+	CCONJ
ajbmeb-3194	170	1	0,1528⋅εt−1	0,1528⋅εt−1	NUM
ajbmeb-3194	170	2	−	−	NUM
ajbmeb-3194	170	3	768,17⋅x1	768,17⋅x1	PROPN
ajbmeb-3194	170	4	t	t	PROPN
ajbmeb-3194	170	5	+	+	CCONJ
ajbmeb-3194	170	6	0,0655⋅x2	0,0655⋅x2	PROPN
ajbmeb-3194	170	7	t	t	NOUN
ajbmeb-3194	170	8	+	+	NUM
ajbmeb-3194	170	9	50,15⋅x5	50,15⋅x5	NOUN
ajbmeb-3194	170	10	t	t	NOUN
ajbmeb-3194	170	11	+	+	CCONJ
ajbmeb-3194	170	12	εt	εt	PROPN
ajbmeb-3194	170	13	this	this	DET
ajbmeb-3194	170	14	model	model	NOUN
ajbmeb-3194	170	15	highlights	highlight	VERB
ajbmeb-3194	170	16	the	the	DET
ajbmeb-3194	170	17	key	key	ADJ
ajbmeb-3194	170	18	drivers	driver	NOUN
ajbmeb-3194	170	19	of	of	ADP
ajbmeb-3194	170	20	the	the	DET
ajbmeb-3194	170	21	observed	observe	VERB
ajbmeb-3194	170	22	upward	upward	ADJ
ajbmeb-3194	170	23	trend	trend	NOUN
ajbmeb-3194	170	24	in	in	ADP
ajbmeb-3194	170	25	non	non	ADJ
ajbmeb-3194	170	26	-	-	ADJ
ajbmeb-3194	170	27	performing	performing	ADJ
ajbmeb-3194	170	28	loans	loan	NOUN
ajbmeb-3194	170	29	:	:	PUNCT
ajbmeb-3194	170	30	⎯	⎯	PROPN
ajbmeb-3194	170	31	a	a	DET
ajbmeb-3194	170	32	1	1	NUM
ajbmeb-3194	170	33	%	%	NOUN
ajbmeb-3194	170	34	increase	increase	NOUN
ajbmeb-3194	170	35	in	in	ADP
ajbmeb-3194	170	36	capital	capital	NOUN
ajbmeb-3194	170	37	adequacy	adequacy	NOUN
ajbmeb-3194	170	38	reduces	reduce	VERB
ajbmeb-3194	170	39	npls	npls	NOUN
ajbmeb-3194	170	40	by	by	ADP
ajbmeb-3194	170	41	approximately	approximately	ADV
ajbmeb-3194	170	42	768.17	768.17	NUM
ajbmeb-3194	170	43	billion	billion	NUM
ajbmeb-3194	170	44	uzs	uzs	NOUN
ajbmeb-3194	170	45	.	.	PUNCT
ajbmeb-3194	171	1	⎯	⎯	PROPN
ajbmeb-3194	171	2	a	a	DET
ajbmeb-3194	171	3	1	1	NUM
ajbmeb-3194	171	4	billion	billion	NUM
ajbmeb-3194	171	5	uzs	uzs	NOUN
ajbmeb-3194	171	6	increase	increase	NOUN
ajbmeb-3194	171	7	in	in	ADP
ajbmeb-3194	171	8	term	term	NOUN
ajbmeb-3194	171	9	deposits	deposit	NOUN
ajbmeb-3194	171	10	increases	increase	VERB
ajbmeb-3194	171	11	npls	npls	NOUN
ajbmeb-3194	171	12	by	by	ADP
ajbmeb-3194	171	13	approximately	approximately	ADV
ajbmeb-3194	171	14	65.5	65.5	NUM
ajbmeb-3194	171	15	million	million	NUM
ajbmeb-3194	171	16	uzs	uzs	NOUN
ajbmeb-3194	171	17	.	.	PUNCT
ajbmeb-3194	172	1	⎯	⎯	PROPN
ajbmeb-3194	172	2	a	a	DET
ajbmeb-3194	172	3	1	1	NUM
ajbmeb-3194	172	4	%	%	NOUN
ajbmeb-3194	172	5	increase	increase	NOUN
ajbmeb-3194	172	6	in	in	ADP
ajbmeb-3194	172	7	the	the	DET
ajbmeb-3194	172	8	instant	instant	ADJ
ajbmeb-3194	172	9	liquidity	liquidity	NOUN
ajbmeb-3194	172	10	ratio	ratio	NOUN
ajbmeb-3194	172	11	raises	raise	VERB
ajbmeb-3194	172	12	npls	npls	NOUN
ajbmeb-3194	172	13	by	by	ADP
ajbmeb-3194	172	14	around	around	ADP
ajbmeb-3194	172	15	50.15	50.15	NUM
ajbmeb-3194	172	16	billion	billion	NUM
ajbmeb-3194	172	17	uzs	uzs	NOUN
ajbmeb-3194	172	18	.	.	PUNCT
ajbmeb-3194	173	1	5	5	X
ajbmeb-3194	173	2	.	.	X
ajbmeb-3194	173	3	conclusion	conclusion	VERB
ajbmeb-3194	173	4	the	the	DET
ajbmeb-3194	173	5	results	result	NOUN
ajbmeb-3194	173	6	of	of	ADP
ajbmeb-3194	173	7	this	this	DET
ajbmeb-3194	173	8	study	study	NOUN
ajbmeb-3194	173	9	provide	provide	VERB
ajbmeb-3194	173	10	strong	strong	ADJ
ajbmeb-3194	173	11	empirical	empirical	ADJ
ajbmeb-3194	173	12	evidence	evidence	NOUN
ajbmeb-3194	173	13	that	that	SCONJ
ajbmeb-3194	173	14	capital	capital	NOUN
ajbmeb-3194	173	15	adequacy	adequacy	NOUN
ajbmeb-3194	173	16	,	,	PUNCT
ajbmeb-3194	173	17	term	term	NOUN
ajbmeb-3194	173	18	deposit	deposit	NOUN
ajbmeb-3194	173	19	volumes	volume	NOUN
ajbmeb-3194	173	20	,	,	PUNCT
ajbmeb-3194	173	21	and	and	CCONJ
ajbmeb-3194	173	22	liquidity	liquidity	NOUN
ajbmeb-3194	173	23	levels	level	NOUN
ajbmeb-3194	173	24	play	play	VERB
ajbmeb-3194	173	25	a	a	DET
ajbmeb-3194	173	26	significant	significant	ADJ
ajbmeb-3194	173	27	role	role	NOUN
ajbmeb-3194	173	28	in	in	ADP
ajbmeb-3194	173	29	shaping	shape	VERB
ajbmeb-3194	173	30	the	the	DET
ajbmeb-3194	173	31	dynamics	dynamic	NOUN
ajbmeb-3194	173	32	of	of	ADP
ajbmeb-3194	173	33	non	non	ADJ
ajbmeb-3194	173	34	-	-	ADJ
ajbmeb-3194	173	35	performing	performing	ADJ
ajbmeb-3194	173	36	loans	loan	NOUN
ajbmeb-3194	173	37	in	in	ADP
ajbmeb-3194	173	38	the	the	DET
ajbmeb-3194	173	39	banking	banking	NOUN
ajbmeb-3194	173	40	sector	sector	NOUN
ajbmeb-3194	173	41	.	.	PUNCT
ajbmeb-3194	174	1	while	while	SCONJ
ajbmeb-3194	174	2	higher	high	ADJ
ajbmeb-3194	174	3	capital	capital	NOUN
ajbmeb-3194	174	4	adequacy	adequacy	NOUN
ajbmeb-3194	174	5	contributes	contribute	VERB
ajbmeb-3194	174	6	to	to	ADP
ajbmeb-3194	174	7	a	a	DET
ajbmeb-3194	174	8	reduction	reduction	NOUN
ajbmeb-3194	174	9	in	in	ADP
ajbmeb-3194	174	10	credit	credit	NOUN
ajbmeb-3194	174	11	risk	risk	NOUN
ajbmeb-3194	174	12	,	,	PUNCT
ajbmeb-3194	174	13	increased	increase	VERB
ajbmeb-3194	174	14	deposit	deposit	NOUN
ajbmeb-3194	174	15	volumes	volume	NOUN
ajbmeb-3194	174	16	and	and	CCONJ
ajbmeb-3194	174	17	excessive	excessive	ADJ
ajbmeb-3194	174	18	liquidity	liquidity	NOUN
ajbmeb-3194	174	19	may	may	AUX
ajbmeb-3194	174	20	,	,	PUNCT
ajbmeb-3194	174	21	under	under	ADP
ajbmeb-3194	174	22	certain	certain	ADJ
ajbmeb-3194	174	23	conditions	condition	NOUN
ajbmeb-3194	174	24	,	,	PUNCT
ajbmeb-3194	174	25	lead	lead	VERB
ajbmeb-3194	174	26	to	to	ADP
ajbmeb-3194	174	27	a	a	DET
ajbmeb-3194	174	28	rise	rise	NOUN
ajbmeb-3194	174	29	in	in	ADP
ajbmeb-3194	174	30	npl	npl	NOUN
ajbmeb-3194	174	31	levels	level	NOUN
ajbmeb-3194	174	32	.	.	PUNCT
ajbmeb-3194	175	1	these	these	DET
ajbmeb-3194	175	2	findings	finding	NOUN
ajbmeb-3194	175	3	underscore	underscore	VERB
ajbmeb-3194	175	4	the	the	DET
ajbmeb-3194	175	5	importance	importance	NOUN
ajbmeb-3194	175	6	of	of	ADP
ajbmeb-3194	175	7	proactive	proactive	ADJ
ajbmeb-3194	175	8	and	and	CCONJ
ajbmeb-3194	175	9	balanced	balanced	ADJ
ajbmeb-3194	175	10	risk	risk	NOUN
ajbmeb-3194	175	11	management	management	NOUN
ajbmeb-3194	175	12	strategies	strategy	NOUN
ajbmeb-3194	175	13	.	.	PUNCT
ajbmeb-3194	176	1	to	to	PART
ajbmeb-3194	176	2	address	address	VERB
ajbmeb-3194	176	3	these	these	DET
ajbmeb-3194	176	4	challenges	challenge	NOUN
ajbmeb-3194	176	5	and	and	CCONJ
ajbmeb-3194	176	6	strengthen	strengthen	VERB
ajbmeb-3194	176	7	financial	financial	ADJ
ajbmeb-3194	176	8	stability	stability	NOUN
ajbmeb-3194	176	9	,	,	PUNCT
ajbmeb-3194	176	10	several	several	ADJ
ajbmeb-3194	176	11	policy	policy	NOUN
ajbmeb-3194	176	12	measures	measure	NOUN
ajbmeb-3194	176	13	are	be	AUX
ajbmeb-3194	176	14	recommended	recommend	VERB
ajbmeb-3194	176	15	.	.	PUNCT
ajbmeb-3194	177	1	first	first	ADV
ajbmeb-3194	177	2	,	,	PUNCT
ajbmeb-3194	177	3	banks	bank	NOUN
ajbmeb-3194	177	4	should	should	AUX
ajbmeb-3194	177	5	strengthen	strengthen	VERB
ajbmeb-3194	177	6	oversight	oversight	NOUN
ajbmeb-3194	177	7	and	and	CCONJ
ajbmeb-3194	177	8	control	control	NOUN
ajbmeb-3194	177	9	over	over	ADP
ajbmeb-3194	177	10	the	the	DET
ajbmeb-3194	177	11	use	use	NOUN
ajbmeb-3194	177	12	of	of	ADP
ajbmeb-3194	177	13	term	term	NOUN
ajbmeb-3194	177	14	deposits	deposit	NOUN
ajbmeb-3194	177	15	to	to	PART
ajbmeb-3194	177	16	prevent	prevent	VERB
ajbmeb-3194	177	17	a	a	DET
ajbmeb-3194	177	18	deterioration	deterioration	NOUN
ajbmeb-3194	177	19	in	in	ADP
ajbmeb-3194	177	20	credit	credit	NOUN
ajbmeb-3194	177	21	quality	quality	NOUN
ajbmeb-3194	177	22	.	.	PUNCT
ajbmeb-3194	178	1	second	second	ADJ
ajbmeb-3194	178	2	,	,	PUNCT
ajbmeb-3194	178	3	maintaining	maintain	VERB
ajbmeb-3194	178	4	and	and	CCONJ
ajbmeb-3194	178	5	supporting	support	VERB
ajbmeb-3194	178	6	adequate	adequate	ADJ
ajbmeb-3194	178	7	capital	capital	NOUN
ajbmeb-3194	178	8	buffers	buffer	NOUN
ajbmeb-3194	178	9	is	be	AUX
ajbmeb-3194	178	10	crucial	crucial	ADJ
ajbmeb-3194	178	11	to	to	ADP
ajbmeb-3194	178	12	enhancing	enhance	VERB
ajbmeb-3194	178	13	the	the	DET
ajbmeb-3194	178	14	resilience	resilience	NOUN
ajbmeb-3194	178	15	and	and	CCONJ
ajbmeb-3194	178	16	stability	stability	NOUN
ajbmeb-3194	178	17	of	of	ADP
ajbmeb-3194	178	18	the	the	DET
ajbmeb-3194	178	19	banking	banking	NOUN
ajbmeb-3194	178	20	sector	sector	NOUN
ajbmeb-3194	178	21	.	.	PUNCT
ajbmeb-3194	179	1	finally	finally	ADV
ajbmeb-3194	179	2	,	,	PUNCT
ajbmeb-3194	179	3	the	the	DET
ajbmeb-3194	179	4	development	development	NOUN
ajbmeb-3194	179	5	and	and	CCONJ
ajbmeb-3194	179	6	implementation	implementation	NOUN
ajbmeb-3194	179	7	of	of	ADP
ajbmeb-3194	179	8	sound	sound	ADJ
ajbmeb-3194	179	9	regulatory	regulatory	ADJ
ajbmeb-3194	179	10	measures	measure	NOUN
ajbmeb-3194	179	11	for	for	ADP
ajbmeb-3194	179	12	balanced	balanced	ADJ
ajbmeb-3194	179	13	liquidity	liquidity	NOUN
ajbmeb-3194	179	14	management	management	NOUN
ajbmeb-3194	179	15	and	and	CCONJ
ajbmeb-3194	179	16	effective	effective	ADJ
ajbmeb-3194	179	17	credit	credit	NOUN
ajbmeb-3194	179	18	risk	risk	NOUN
ajbmeb-3194	179	19	control	control	NOUN
ajbmeb-3194	179	20	will	will	AUX
ajbmeb-3194	179	21	help	help	VERB
ajbmeb-3194	179	22	ensure	ensure	VERB
ajbmeb-3194	179	23	the	the	DET
ajbmeb-3194	179	24	sustainable	sustainable	ADJ
ajbmeb-3194	179	25	and	and	CCONJ
ajbmeb-3194	179	26	secure	secure	ADJ
ajbmeb-3194	179	27	functioning	functioning	NOUN
ajbmeb-3194	179	28	of	of	ADP
ajbmeb-3194	179	29	the	the	DET
ajbmeb-3194	179	30	financial	financial	ADJ
ajbmeb-3194	179	31	system	system	NOUN
ajbmeb-3194	179	32	.	.	PUNCT
ajbmeb-3194	180	1	these	these	DET
ajbmeb-3194	180	2	measures	measure	NOUN
ajbmeb-3194	180	3	,	,	PUNCT
ajbmeb-3194	180	4	when	when	SCONJ
ajbmeb-3194	180	5	implemented	implement	VERB
ajbmeb-3194	180	6	in	in	ADP
ajbmeb-3194	180	7	an	an	DET
ajbmeb-3194	180	8	integrated	integrate	VERB
ajbmeb-3194	180	9	manner	manner	NOUN
ajbmeb-3194	180	10	,	,	PUNCT
ajbmeb-3194	180	11	can	can	AUX
ajbmeb-3194	180	12	significantly	significantly	ADV
ajbmeb-3194	180	13	mitigate	mitigate	VERB
ajbmeb-3194	180	14	credit	credit	NOUN
ajbmeb-3194	180	15	risk	risk	NOUN
ajbmeb-3194	180	16	,	,	PUNCT
ajbmeb-3194	180	17	improve	improve	VERB
ajbmeb-3194	180	18	the	the	DET
ajbmeb-3194	180	19	quality	quality	NOUN
ajbmeb-3194	180	20	of	of	ADP
ajbmeb-3194	180	21	credit	credit	NOUN
ajbmeb-3194	180	22	services	service	NOUN
ajbmeb-3194	180	23	,	,	PUNCT
ajbmeb-3194	180	24	and	and	CCONJ
ajbmeb-3194	180	25	contribute	contribute	VERB
ajbmeb-3194	180	26	to	to	ADP
ajbmeb-3194	180	27	long	long	ADJ
ajbmeb-3194	180	28	-	-	PUNCT
ajbmeb-3194	180	29	term	term	NOUN
ajbmeb-3194	180	30	banking	banking	NOUN
ajbmeb-3194	180	31	sector	sector	NOUN
ajbmeb-3194	180	32	stability	stability	NOUN
ajbmeb-3194	180	33	in	in	ADP
ajbmeb-3194	180	34	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	180	35	.	.	PUNCT
ajbmeb-3194	181	1	american	american	PROPN
ajbmeb-3194	181	2	journal	journal	PROPN
ajbmeb-3194	181	3	of	of	ADP
ajbmeb-3194	181	4	business	business	NOUN
ajbmeb-3194	181	5	management	management	NOUN
ajbmeb-3194	181	6	,	,	PUNCT
ajbmeb-3194	181	7	economics	economic	NOUN
ajbmeb-3194	181	8	and	and	CCONJ
ajbmeb-3194	181	9	banking	banking	NOUN
ajbmeb-3194	181	10	volume	volume	NOUN
ajbmeb-3194	181	11	43	43	NUM
ajbmeb-3194	182	1	december2025	december2025	PROPN
ajbmeb-3194	182	2	p	p	PROPN
ajbmeb-3194	182	3	a	a	DET
ajbmeb-3194	182	4	g	g	NOUN
ajbmeb-3194	182	5	e	e	NOUN
ajbmeb-3194	183	1	|	|	ADV
ajbmeb-3194	183	2	24	24	NUM
ajbmeb-3194	183	3	www.americanjournal.org	www.americanjournal.org	PROPN
ajbmeb-3194	183	4	references	reference	NOUN
ajbmeb-3194	183	5	1	1	NUM
ajbmeb-3194	183	6	.	.	PUNCT
ajbmeb-3194	183	7	abdullaev	abdullaev	PROPN
ajbmeb-3194	183	8	,	,	PUNCT
ajbmeb-3194	183	9	yo	yo	PROPN
ajbmeb-3194	183	10	.	.	PROPN
ajbmeb-3194	183	11	,	,	PUNCT
ajbmeb-3194	183	12	qoraliev	qoraliev	ADV
ajbmeb-3194	183	13	,	,	PUNCT
ajbmeb-3194	183	14	t.	t.	PROPN
ajbmeb-3194	183	15	,	,	PUNCT
ajbmeb-3194	183	16	toshmurodov	toshmurodov	PROPN
ajbmeb-3194	183	17	,	,	PUNCT
ajbmeb-3194	183	18	sh	sh	PROPN
ajbmeb-3194	183	19	.	.	PROPN
ajbmeb-3194	183	20	,	,	PUNCT
ajbmeb-3194	183	21	&	&	CCONJ
ajbmeb-3194	183	22	abdullaeva	abdullaeva	PROPN
ajbmeb-3194	183	23	,	,	PUNCT
ajbmeb-3194	183	24	s.	s.	PROPN
ajbmeb-3194	183	25	(	(	PUNCT
ajbmeb-3194	183	26	2009	2009	NUM
ajbmeb-3194	183	27	)	)	PUNCT
ajbmeb-3194	183	28	.	.	PUNCT
ajbmeb-3194	184	1	banking	banking	NOUN
ajbmeb-3194	184	2	operations	operation	NOUN
ajbmeb-3194	184	3	:	:	PUNCT
ajbmeb-3194	184	4	a	a	DET
ajbmeb-3194	184	5	textbook	textbook	NOUN
ajbmeb-3194	184	6	.	.	PUNCT
ajbmeb-3194	185	1	tashkent	tashkent	NOUN
ajbmeb-3194	185	2	:	:	PUNCT
ajbmeb-3194	185	3	iqtisod	iqtisod	PROPN
ajbmeb-3194	185	4	-	-	PUNCT
ajbmeb-3194	185	5	moliya	moliya	NOUN
ajbmeb-3194	185	6	.	.	PUNCT
ajbmeb-3194	186	1	2	2	NUM
ajbmeb-3194	186	2	.	.	X
ajbmeb-3194	186	3	abdullaeva	abdullaeva	PROPN
ajbmeb-3194	186	4	,	,	PUNCT
ajbmeb-3194	186	5	sh	sh	PROPN
ajbmeb-3194	186	6	.	.	PROPN
ajbmeb-3194	186	7	z.	z.	PROPN
ajbmeb-3194	186	8	,	,	PUNCT
ajbmeb-3194	186	9	&	&	CCONJ
ajbmeb-3194	186	10	azizov	azizov	PROPN
ajbmeb-3194	186	11	,	,	PUNCT
ajbmeb-3194	186	12	u.	u.	PROPN
ajbmeb-3194	186	13	o.	o.	PROPN
ajbmeb-3194	186	14	(	(	PUNCT
ajbmeb-3194	186	15	2019	2019	NUM
ajbmeb-3194	186	16	)	)	PUNCT
ajbmeb-3194	186	17	.	.	PUNCT
ajbmeb-3194	187	1	banking	banking	NOUN
ajbmeb-3194	187	2	operations	operation	NOUN
ajbmeb-3194	187	3	.	.	PUNCT
ajbmeb-3194	188	1	tashkent	tashkent	NOUN
ajbmeb-3194	188	2	:	:	PUNCT
ajbmeb-3194	188	3	iqtisod	iqtisod	PROPN
ajbmeb-3194	188	4	-	-	PUNCT
ajbmeb-3194	188	5	moliya	moliya	NOUN
ajbmeb-3194	188	6	.	.	PUNCT
ajbmeb-3194	189	1	3	3	X
ajbmeb-3194	189	2	.	.	X
ajbmeb-3194	189	3	krolevetskaya	krolevetskaya	PROPN
ajbmeb-3194	189	4	,	,	PUNCT
ajbmeb-3194	189	5	l.	l.	PROPN
ajbmeb-3194	189	6	p.	p.	PROPN
ajbmeb-3194	189	7	,	,	PUNCT
ajbmeb-3194	189	8	&	&	CCONJ
ajbmeb-3194	189	9	tikhomirova	tikhomirova	PROPN
ajbmeb-3194	189	10	,	,	PUNCT
ajbmeb-3194	189	11	e.	e.	PROPN
ajbmeb-3194	189	12	v.	v.	PROPN
ajbmeb-3194	189	13	(	(	PUNCT
ajbmeb-3194	189	14	2009	2009	NUM
ajbmeb-3194	189	15	)	)	PUNCT
ajbmeb-3194	189	16	.	.	PUNCT
ajbmeb-3194	190	1	banking	banking	NOUN
ajbmeb-3194	190	2	:	:	PUNCT
ajbmeb-3194	190	3	credit	credit	NOUN
ajbmeb-3194	190	4	activity	activity	NOUN
ajbmeb-3194	190	5	of	of	ADP
ajbmeb-3194	190	6	commercial	commercial	ADJ
ajbmeb-3194	190	7	banks	bank	NOUN
ajbmeb-3194	190	8	.	.	PUNCT
ajbmeb-3194	191	1	moscow	moscow	PROPN
ajbmeb-3194	191	2	:	:	PUNCT
ajbmeb-3194	191	3	knorus	knorus	PROPN
ajbmeb-3194	191	4	.	.	PUNCT
ajbmeb-3194	192	1	4	4	X
ajbmeb-3194	192	2	.	.	X
ajbmeb-3194	192	3	rashidov	rashidov	PROPN
ajbmeb-3194	192	4	,	,	PUNCT
ajbmeb-3194	192	5	o.	o.	PROPN
ajbmeb-3194	192	6	yu	yu	PROPN
ajbmeb-3194	192	7	.	.	PROPN
ajbmeb-3194	192	8	,	,	PUNCT
ajbmeb-3194	192	9	alimov	alimov	PROPN
ajbmeb-3194	192	10	,	,	PUNCT
ajbmeb-3194	192	11	i.	i.	PROPN
ajbmeb-3194	192	12	i.	i.	PROPN
ajbmeb-3194	192	13	,	,	PUNCT
ajbmeb-3194	192	14	toymuhamedov	toymuhamedov	PROPN
ajbmeb-3194	192	15	,	,	PUNCT
ajbmeb-3194	192	16	i.	i.	PROPN
ajbmeb-3194	192	17	r.	r.	PROPN
ajbmeb-3194	192	18	,	,	PUNCT
ajbmeb-3194	192	19	&	&	CCONJ
ajbmeb-3194	192	20	tojiev	tojiev	PROPN
ajbmeb-3194	192	21	,	,	PUNCT
ajbmeb-3194	192	22	p.	p.	NOUN
ajbmeb-3194	192	23	p.	p.	NOUN
ajbmeb-3194	192	24	(	(	PUNCT
ajbmeb-3194	192	25	2008	2008	NUM
ajbmeb-3194	192	26	)	)	PUNCT
ajbmeb-3194	192	27	.	.	PUNCT
ajbmeb-3194	193	1	money	money	NOUN
ajbmeb-3194	193	2	,	,	PUNCT
ajbmeb-3194	193	3	credit	credit	NOUN
ajbmeb-3194	193	4	and	and	CCONJ
ajbmeb-3194	193	5	banks	bank	NOUN
ajbmeb-3194	193	6	.	.	PUNCT
ajbmeb-3194	194	1	tashkent	tashkent	ADJ
ajbmeb-3194	194	2	:	:	PUNCT
ajbmeb-3194	194	3	tashkent	tashkent	PROPN
ajbmeb-3194	194	4	state	state	PROPN
ajbmeb-3194	194	5	university	university	PROPN
ajbmeb-3194	194	6	of	of	ADP
ajbmeb-3194	194	7	economics	economic	NOUN
ajbmeb-3194	194	8	.	.	PUNCT
ajbmeb-3194	195	1	5	5	X
ajbmeb-3194	195	2	.	.	X
ajbmeb-3194	195	3	sattarov	sattarov	PROPN
ajbmeb-3194	195	4	,	,	PUNCT
ajbmeb-3194	195	5	o.	o.	PROPN
ajbmeb-3194	195	6	b.	b.	PROPN
ajbmeb-3194	195	7	(	(	PUNCT
ajbmeb-3194	195	8	2018	2018	NUM
ajbmeb-3194	195	9	)	)	PUNCT
ajbmeb-3194	195	10	.	.	PUNCT
ajbmeb-3194	196	1	improving	improve	VERB
ajbmeb-3194	196	2	the	the	DET
ajbmeb-3194	196	3	methodology	methodology	NOUN
ajbmeb-3194	196	4	for	for	ADP
ajbmeb-3194	196	5	ensuring	ensure	VERB
ajbmeb-3194	196	6	the	the	DET
ajbmeb-3194	196	7	stability	stability	NOUN
ajbmeb-3194	196	8	of	of	ADP
ajbmeb-3194	196	9	the	the	DET
ajbmeb-3194	196	10	banking	banking	NOUN
ajbmeb-3194	196	11	system	system	NOUN
ajbmeb-3194	196	12	of	of	ADP
ajbmeb-3194	196	13	the	the	DET
ajbmeb-3194	196	14	republic	republic	NOUN
ajbmeb-3194	196	15	of	of	ADP
ajbmeb-3194	196	16	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	196	17	(	(	PUNCT
ajbmeb-3194	196	18	doctoral	doctoral	ADJ
ajbmeb-3194	196	19	dissertation	dissertation	NOUN
ajbmeb-3194	196	20	abstract	abstract	NOUN
ajbmeb-3194	196	21	)	)	PUNCT
ajbmeb-3194	196	22	.	.	PUNCT
ajbmeb-3194	197	1	tashkent	tashkent	PROPN
ajbmeb-3194	197	2	.	.	PUNCT
ajbmeb-3194	198	1	6	6	NUM
ajbmeb-3194	198	2	.	.	X
ajbmeb-3194	198	3	pancotto	pancotto	NOUN
ajbmeb-3194	198	4	,	,	PUNCT
ajbmeb-3194	198	5	l.	l.	PROPN
ajbmeb-3194	198	6	(	(	PUNCT
ajbmeb-3194	198	7	2024	2024	NUM
ajbmeb-3194	198	8	)	)	PUNCT
ajbmeb-3194	198	9	.	.	PUNCT
ajbmeb-3194	199	1	the	the	DET
ajbmeb-3194	199	2	evolution	evolution	NOUN
ajbmeb-3194	199	3	and	and	CCONJ
ajbmeb-3194	199	4	determinants	determinant	NOUN
ajbmeb-3194	199	5	of	of	ADP
ajbmeb-3194	199	6	the	the	DET
ajbmeb-3194	199	7	non	non	ADJ
ajbmeb-3194	199	8	-	-	ADJ
ajbmeb-3194	199	9	performing	perform	VERB
ajbmeb-3194	199	10	loan	loan	NOUN
ajbmeb-3194	199	11	.	.	PUNCT
ajbmeb-3194	200	1	pacific	pacific	ADJ
ajbmeb-3194	200	2	-	-	PUNCT
ajbmeb-3194	200	3	basin	basin	NOUN
ajbmeb-3194	200	4	finance	finance	NOUN
ajbmeb-3194	200	5	journal	journal	NOUN
ajbmeb-3194	200	6	,	,	PUNCT
ajbmeb-3194	200	7	84	84	NUM
ajbmeb-3194	200	8	,	,	PUNCT
ajbmeb-3194	200	9	102221	102221	NUM
ajbmeb-3194	200	10	.	.	PUNCT
ajbmeb-3194	201	1	https://doi.org/10.1016/j.pacfin.2024.102221	https://doi.org/10.1016/j.pacfin.2024.102221	VERB
ajbmeb-3194	201	2	7	7	NUM
ajbmeb-3194	201	3	.	.	X
ajbmeb-3194	201	4	isakov	isakov	PROPN
ajbmeb-3194	201	5	,	,	PUNCT
ajbmeb-3194	201	6	o.	o.	PROPN
ajbmeb-3194	201	7	(	(	PUNCT
ajbmeb-3194	201	8	2024	2024	NUM
ajbmeb-3194	201	9	)	)	PUNCT
ajbmeb-3194	201	10	.	.	PUNCT
ajbmeb-3194	202	1	factors	factor	NOUN
ajbmeb-3194	202	2	affecting	affect	VERB
ajbmeb-3194	202	3	non	non	ADJ
ajbmeb-3194	202	4	-	-	ADJ
ajbmeb-3194	202	5	performing	performing	ADJ
ajbmeb-3194	202	6	loans	loan	NOUN
ajbmeb-3194	202	7	:	:	PUNCT
ajbmeb-3194	202	8	empirical	empirical	ADJ
ajbmeb-3194	202	9	evidence	evidence	NOUN
ajbmeb-3194	202	10	from	from	ADP
ajbmeb-3194	202	11	commercial	commercial	ADJ
ajbmeb-3194	202	12	banks	bank	NOUN
ajbmeb-3194	202	13	in	in	ADP
ajbmeb-3194	202	14	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	202	15	.	.	PUNCT
ajbmeb-3194	203	1	journal	journal	PROPN
ajbmeb-3194	203	2	of	of	ADP
ajbmeb-3194	203	3	economics	economic	NOUN
ajbmeb-3194	203	4	and	and	CCONJ
ajbmeb-3194	203	5	financial	financial	ADJ
ajbmeb-3194	203	6	analysis	analysis	NOUN
ajbmeb-3194	203	7	,	,	PUNCT
ajbmeb-3194	203	8	3(2	3(2	NUM
ajbmeb-3194	203	9	)	)	PUNCT
ajbmeb-3194	203	10	,	,	PUNCT
ajbmeb-3194	203	11	45–58	45–58	NOUN
ajbmeb-3194	203	12	.	.	NOUN
ajbmeb-3194	203	13	8	8	NUM
ajbmeb-3194	203	14	.	.	X
ajbmeb-3194	204	1	rustamov	rustamov	PROPN
ajbmeb-3194	204	2	,	,	PUNCT
ajbmeb-3194	204	3	j.	j.	PROPN
ajbmeb-3194	204	4	(	(	PUNCT
ajbmeb-3194	204	5	2023	2023	NUM
ajbmeb-3194	204	6	)	)	PUNCT
ajbmeb-3194	204	7	.	.	PUNCT
ajbmeb-3194	205	1	trends	trend	NOUN
ajbmeb-3194	205	2	and	and	CCONJ
ajbmeb-3194	205	3	patterns	pattern	NOUN
ajbmeb-3194	205	4	of	of	ADP
ajbmeb-3194	205	5	accumulation	accumulation	NOUN
ajbmeb-3194	205	6	of	of	ADP
ajbmeb-3194	205	7	non	non	ADJ
ajbmeb-3194	205	8	-	-	ADJ
ajbmeb-3194	205	9	performing	performing	ADJ
ajbmeb-3194	205	10	loans	loan	NOUN
ajbmeb-3194	205	11	in	in	ADP
ajbmeb-3194	205	12	the	the	DET
ajbmeb-3194	205	13	banking	banking	NOUN
ajbmeb-3194	205	14	sector	sector	NOUN
ajbmeb-3194	205	15	of	of	ADP
ajbmeb-3194	205	16	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	205	17	.	.	PUNCT
ajbmeb-3194	206	1	journal	journal	PROPN
ajbmeb-3194	206	2	of	of	ADP
ajbmeb-3194	206	3	eurasian	eurasian	ADJ
ajbmeb-3194	206	4	economies	economy	NOUN
ajbmeb-3194	206	5	,	,	PUNCT
ajbmeb-3194	206	6	14(1	14(1	NUM
ajbmeb-3194	206	7	)	)	PUNCT
ajbmeb-3194	206	8	,	,	PUNCT
ajbmeb-3194	206	9	75–88	75–88	NOUN
ajbmeb-3194	206	10	.	.	PUNCT
ajbmeb-3194	207	1	9	9	NUM
ajbmeb-3194	207	2	.	.	X
ajbmeb-3194	207	3	central	central	ADJ
ajbmeb-3194	207	4	bank	bank	PROPN
ajbmeb-3194	207	5	of	of	ADP
ajbmeb-3194	207	6	the	the	DET
ajbmeb-3194	207	7	republic	republic	NOUN
ajbmeb-3194	207	8	of	of	ADP
ajbmeb-3194	207	9	uzbekistan	uzbekistan	PROPN
ajbmeb-3194	207	10	.	.	PUNCT
ajbmeb-3194	208	1	(	(	PUNCT
ajbmeb-3194	208	2	2025	2025	NUM
ajbmeb-3194	208	3	)	)	PUNCT
ajbmeb-3194	208	4	.	.	PUNCT
ajbmeb-3194	209	1	official	official	ADJ
ajbmeb-3194	209	2	banking	banking	NOUN
ajbmeb-3194	209	3	statistics	statistic	NOUN
ajbmeb-3194	209	4	.	.	PUNCT
ajbmeb-3194	210	1	retrieved	retrieve	VERB
ajbmeb-3194	210	2	from	from	ADP
ajbmeb-3194	210	3	https://cbu.uz	https://cbu.uz	PROPN
ajbmeb-3194	210	4	10	10	NUM
ajbmeb-3194	210	5	.	.	PUNCT
ajbmeb-3194	211	1	umarov	umarov	PROPN
ajbmeb-3194	211	2	z.a	z.a	PROPN
ajbmeb-3194	211	3	.	.	PROPN
ajbmeb-3194	211	4	tijorat	tijorat	PROPN
ajbmeb-3194	211	5	banklarida	banklarida	PROPN
ajbmeb-3194	211	6	kreditlash	kreditlash	PROPN
ajbmeb-3194	211	7	jarayonini	jarayonini	PROPN
ajbmeb-3194	211	8	boshqarishda	boshqarishda	NOUN
ajbmeb-3194	211	9	buxgalteriya	buxgalteriya	NOUN
ajbmeb-3194	211	10	hisobining	hisobine	VERB
ajbmeb-3194	211	11	ahamiyati	ahamiyati	PROPN
ajbmeb-3194	212	1	//	//	PROPN
ajbmeb-3194	212	2	yashil	yashil	PROPN
ajbmeb-3194	212	3	iqtisodiyot	iqtisodiyot	PROPN
ajbmeb-3194	212	4	va	va	PROPN
ajbmeb-3194	212	5	taraqqiyot	taraqqiyot	PROPN
ajbmeb-3194	212	6	ilmiy	ilmiy	NOUN
ajbmeb-3194	212	7	jurnali	jurnali	PROPN
ajbmeb-3194	212	8	2025	2025	NUM
ajbmeb-3194	212	9	,	,	PUNCT
ajbmeb-3194	212	10	4	4	NUM
ajbmeb-3194	212	11	-	-	NUM
ajbmeb-3194	212	12	son	son	NOUN
ajbmeb-3194	212	13	,	,	PUNCT
ajbmeb-3194	212	14	2409	2409	NUM
ajbmeb-3194	212	15	-	-	SYM
ajbmeb-3194	212	16	2412	2412	NUM
ajbmeb-3194	212	17	11	11	NUM
ajbmeb-3194	212	18	.	.	PUNCT
ajbmeb-3194	213	1	umarov	umarov	PROPN
ajbmeb-3194	213	2	z.a	z.a	PROPN
ajbmeb-3194	213	3	.	.	PROPN
ajbmeb-3194	213	4	bank	bank	PROPN
ajbmeb-3194	213	5	kredit	kredit	PROPN
ajbmeb-3194	213	6	portfeli	portfeli	PROPN
ajbmeb-3194	213	7	ichki	ichki	PROPN
ajbmeb-3194	213	8	auditining	auditine	VERB
ajbmeb-3194	213	9	o’ziga	o’ziga	PROPN
ajbmeb-3194	213	10	xos	xos	PROPN
ajbmeb-3194	213	11	xususiyatlari	xususiyatlari	PROPN
ajbmeb-3194	213	12	//	//	PROPN
ajbmeb-3194	213	13	aktuar	aktuar	PROPN
ajbmeb-3194	213	14	moliya	moliya	PROPN
ajbmeb-3194	213	15	va	va	PROPN
ajbmeb-3194	213	16	buxgalteriya	buxgalteriya	PROPN
ajbmeb-3194	213	17	hisobi	hisobi	PROPN
ajbmeb-3194	213	18	ilmiy	ilmiy	PROPN
ajbmeb-3194	213	19	jurnali	jurnali	PROPN
ajbmeb-3194	213	20	2025	2025	NUM
ajbmeb-3194	213	21	,	,	PUNCT
ajbmeb-3194	213	22	5(02	5(02	NUM
ajbmeb-3194	213	23	)	)	PUNCT
ajbmeb-3194	213	24	,	,	PUNCT
ajbmeb-3194	213	25	66	66	NUM
ajbmeb-3194	213	26	-	-	SYM
ajbmeb-3194	213	27	73	73	NUM
ajbmeb-3194	213	28	12	12	NUM
ajbmeb-3194	213	29	.	.	PUNCT
ajbmeb-3194	214	1	umarov	umarov	PROPN
ajbmeb-3194	214	2	z.a	z.a	PROPN
ajbmeb-3194	214	3	.	.	PROPN
ajbmeb-3194	214	4	tijorat	tijorat	PROPN
ajbmeb-3194	214	5	banklarida	banklarida	PROPN
ajbmeb-3194	214	6	kreditlash	kreditlash	PROPN
ajbmeb-3194	214	7	jarayonini	jarayonini	PROPN
ajbmeb-3194	214	8	boshqarishda	boshqarishda	NOUN
ajbmeb-3194	214	9	buxgalteriya	buxgalteriya	NOUN
ajbmeb-3194	214	10	hisobining	hisobine	VERB
ajbmeb-3194	214	11	ahamiyati	ahamiyati	PROPN
ajbmeb-3194	215	1	//	//	PROPN
ajbmeb-3194	215	2	yashil	yashil	PROPN
ajbmeb-3194	215	3	iqtisodiyot	iqtisodiyot	PROPN
ajbmeb-3194	215	4	va	va	PROPN
ajbmeb-3194	215	5	taraqqiyot	taraqqiyot	PROPN
ajbmeb-3194	215	6	ilmiy	ilmiy	NOUN
ajbmeb-3194	215	7	jurnali	jurnali	PROPN
ajbmeb-3194	215	8	2025	2025	NUM
ajbmeb-3194	215	9	,	,	PUNCT
ajbmeb-3194	215	10	4	4	NUM
ajbmeb-3194	215	11	-	-	NUM
ajbmeb-3194	215	12	son	son	NOUN
ajbmeb-3194	215	13	,	,	PUNCT
ajbmeb-3194	215	14	2409	2409	NUM
ajbmeb-3194	215	15	-	-	SYM
ajbmeb-3194	215	16	2412	2412	NUM
ajbmeb-3194	215	17	https://cbu.uz/	https://cbu.uz/	NOUN