id	sid	tid	token	lemma	pos
ajeer-1274	1	1	1	1	NUM
ajeer-1274	1	2	©	©	PROPN
ajeer-1274	1	3	2020	2020	NUM
ajeer-1274	1	4	by	by	ADP
ajeer-1274	1	5	the	the	DET
ajeer-1274	1	6	authors	author	NOUN
ajeer-1274	1	7	;	;	PUNCT
ajeer-1274	1	8	licensee	licensee	PROPN
ajeer-1274	1	9	asian	asian	ADJ
ajeer-1274	1	10	online	online	PROPN
ajeer-1274	1	11	journal	journal	PROPN
ajeer-1274	1	12	publishing	publishing	PROPN
ajeer-1274	1	13	group	group	PROPN
ajeer-1274	1	14	asian	asian	PROPN
ajeer-1274	1	15	journal	journal	PROPN
ajeer-1274	1	16	of	of	ADP
ajeer-1274	1	17	economics	economic	NOUN
ajeer-1274	1	18	and	and	CCONJ
ajeer-1274	1	19	empirical	empirical	ADJ
ajeer-1274	1	20	research	research	NOUN
ajeer-1274	1	21	vol	vol	NOUN
ajeer-1274	1	22	.	.	PUNCT
ajeer-1274	1	23	7	7	NUM
ajeer-1274	1	24	,	,	PUNCT
ajeer-1274	1	25	no	no	INTJ
ajeer-1274	1	26	.	.	NOUN
ajeer-1274	1	27	1	1	NUM
ajeer-1274	1	28	,	,	PUNCT
ajeer-1274	1	29	1	1	NUM
ajeer-1274	1	30	-	-	SYM
ajeer-1274	1	31	7	7	NUM
ajeer-1274	1	32	,	,	PUNCT
ajeer-1274	1	33	2020	2020	NUM
ajeer-1274	1	34	issn(e	issn(e	PROPN
ajeer-1274	1	35	)	)	PUNCT
ajeer-1274	1	36	2409	2409	NUM
ajeer-1274	1	37	-	-	SYM
ajeer-1274	1	38	2622/	2622/	NUM
ajeer-1274	1	39	issn(p	issn(p	NOUN
ajeer-1274	1	40	)	)	PUNCT
ajeer-1274	1	41	2518	2518	NUM
ajeer-1274	1	42	-	-	PUNCT
ajeer-1274	1	43	010x	010x	ADJ
ajeer-1274	1	44	doi	doi	NOUN
ajeer-1274	1	45	:	:	PUNCT
ajeer-1274	1	46	10.20448	10.20448	NUM
ajeer-1274	1	47	/	/	SYM
ajeer-1274	1	48	journal.501.2020.71.1.7	journal.501.2020.71.1.7	PROPN
ajeer-1274	1	49	©	©	PROPN
ajeer-1274	1	50	2020	2020	NUM
ajeer-1274	1	51	by	by	ADP
ajeer-1274	1	52	the	the	DET
ajeer-1274	1	53	authors	author	NOUN
ajeer-1274	1	54	;	;	PUNCT
ajeer-1274	1	55	licensee	licensee	PROPN
ajeer-1274	1	56	asian	asian	ADJ
ajeer-1274	1	57	online	online	PROPN
ajeer-1274	1	58	journal	journal	PROPN
ajeer-1274	1	59	publishing	publishing	NOUN
ajeer-1274	1	60	group	group	NOUN
ajeer-1274	1	61	impact	impact	NOUN
ajeer-1274	1	62	of	of	ADP
ajeer-1274	1	63	external	external	ADJ
ajeer-1274	1	64	debt	debt	NOUN
ajeer-1274	1	65	on	on	ADP
ajeer-1274	1	66	nigeria	nigeria	PROPN
ajeer-1274	1	67	’s	’s	PART
ajeer-1274	1	68	foreign	foreign	PROPN
ajeer-1274	1	69	reserve	reserve	NOUN
ajeer-1274	1	70	portfolios	portfolio	NOUN
ajeer-1274	1	71	peter	peter	PROPN
ajeer-1274	1	72	e.	e.	PROPN
ajeer-1274	1	73	ayunku1	ayunku1	PROPN
ajeer-1274	1	74	dumani	dumani	ADJ
ajeer-1274	1	75	markjackson2	markjackson2	PROPN
ajeer-1274	1	76	(	(	PUNCT
ajeer-1274	1	77			PROPN
ajeer-1274	1	78	corresponding	correspond	VERB
ajeer-1274	1	79	author	author	NOUN
ajeer-1274	1	80	)	)	PUNCT
ajeer-1274	1	81	1department	1department	NUM
ajeer-1274	1	82	of	of	ADP
ajeer-1274	1	83	banking	banking	NOUN
ajeer-1274	1	84	and	and	CCONJ
ajeer-1274	1	85	finance	finance	NOUN
ajeer-1274	1	86	,	,	PUNCT
ajeer-1274	1	87	niger	niger	PROPN
ajeer-1274	1	88	delta	delta	PROPN
ajeer-1274	1	89	university	university	PROPN
ajeer-1274	1	90	,	,	PUNCT
ajeer-1274	1	91	wilberforce	wilberforce	PROPN
ajeer-1274	1	92	island	island	PROPN
ajeer-1274	1	93	,	,	PUNCT
ajeer-1274	1	94	bayelsa	bayelsa	NOUN
ajeer-1274	1	95	state	state	NOUN
ajeer-1274	1	96	,	,	PUNCT
ajeer-1274	1	97	nigeria	nigeria	PROPN
ajeer-1274	1	98	.	.	PUNCT
ajeer-1274	2	1	2department	2department	NUM
ajeer-1274	2	2	of	of	ADP
ajeer-1274	2	3	banking	banking	NOUN
ajeer-1274	2	4	and	and	CCONJ
ajeer-1274	2	5	finance	finance	NOUN
ajeer-1274	2	6	,	,	PUNCT
ajeer-1274	2	7	federal	federal	ADJ
ajeer-1274	2	8	polytechnic	polytechnic	ADJ
ajeer-1274	2	9	,	,	PUNCT
ajeer-1274	2	10	ekowe	ekowe	NOUN
ajeer-1274	2	11	,	,	PUNCT
ajeer-1274	2	12	yenagoa	yenagoa	PROPN
ajeer-1274	2	13	,	,	PUNCT
ajeer-1274	2	14	bayelsa	bayelsa	PROPN
ajeer-1274	2	15	state	state	PROPN
ajeer-1274	2	16	,	,	PUNCT
ajeer-1274	2	17	nigeria	nigeria	PROPN
ajeer-1274	2	18	.	.	PUNCT
ajeer-1274	3	1	abstract	abstract	ADJ
ajeer-1274	3	2	this	this	DET
ajeer-1274	3	3	study	study	NOUN
ajeer-1274	3	4	examines	examine	VERB
ajeer-1274	3	5	the	the	DET
ajeer-1274	3	6	impact	impact	NOUN
ajeer-1274	3	7	of	of	ADP
ajeer-1274	3	8	external	external	ADJ
ajeer-1274	3	9	debt	debt	NOUN
ajeer-1274	3	10	and	and	CCONJ
ajeer-1274	3	11	external	external	ADJ
ajeer-1274	3	12	debt	debt	NOUN
ajeer-1274	3	13	servicing	servicing	NOUN
ajeer-1274	3	14	on	on	ADP
ajeer-1274	3	15	the	the	DET
ajeer-1274	3	16	international	international	ADJ
ajeer-1274	3	17	reserves	reserve	NOUN
ajeer-1274	3	18	of	of	ADP
ajeer-1274	3	19	nigeria	nigeria	PROPN
ajeer-1274	3	20	.	.	PUNCT
ajeer-1274	4	1	the	the	DET
ajeer-1274	4	2	theoretical	theoretical	ADJ
ajeer-1274	4	3	underpinning	underpinning	NOUN
ajeer-1274	4	4	of	of	ADP
ajeer-1274	4	5	the	the	DET
ajeer-1274	4	6	study	study	NOUN
ajeer-1274	4	7	was	be	AUX
ajeer-1274	4	8	anchored	anchor	VERB
ajeer-1274	4	9	on	on	ADP
ajeer-1274	4	10	dual	dual	ADJ
ajeer-1274	4	11	gap	gap	NOUN
ajeer-1274	4	12	theory	theory	NOUN
ajeer-1274	4	13	and	and	CCONJ
ajeer-1274	4	14	the	the	DET
ajeer-1274	4	15	self	self	NOUN
ajeer-1274	4	16	-	-	PUNCT
ajeer-1274	4	17	insurance	insurance	NOUN
ajeer-1274	4	18	theory	theory	NOUN
ajeer-1274	4	19	of	of	ADP
ajeer-1274	4	20	external	external	ADJ
ajeer-1274	4	21	reserves	reserve	NOUN
ajeer-1274	4	22	.	.	PUNCT
ajeer-1274	5	1	the	the	DET
ajeer-1274	5	2	after	after	ADP
ajeer-1274	5	3	effect	effect	NOUN
ajeer-1274	5	4	research	research	NOUN
ajeer-1274	5	5	design	design	NOUN
ajeer-1274	5	6	was	be	AUX
ajeer-1274	5	7	adopted	adopt	VERB
ajeer-1274	5	8	to	to	PART
ajeer-1274	5	9	examine	examine	VERB
ajeer-1274	5	10	the	the	DET
ajeer-1274	5	11	components	component	NOUN
ajeer-1274	5	12	of	of	ADP
ajeer-1274	5	13	the	the	DET
ajeer-1274	5	14	study	study	NOUN
ajeer-1274	5	15	in	in	ADP
ajeer-1274	5	16	retrospect	retrospect	ADJ
ajeer-1274	5	17	.	.	PUNCT
ajeer-1274	6	1	historical	historical	ADJ
ajeer-1274	6	2	data	datum	NOUN
ajeer-1274	6	3	spanning	span	VERB
ajeer-1274	6	4	1981	1981	NUM
ajeer-1274	6	5	to	to	ADP
ajeer-1274	6	6	2018	2018	NUM
ajeer-1274	6	7	was	be	AUX
ajeer-1274	6	8	collated	collate	VERB
ajeer-1274	6	9	from	from	ADP
ajeer-1274	6	10	the	the	DET
ajeer-1274	6	11	world	world	NOUN
ajeer-1274	6	12	development	development	NOUN
ajeer-1274	6	13	indicators	indicator	NOUN
ajeer-1274	6	14	and	and	CCONJ
ajeer-1274	6	15	analyzed	analyze	VERB
ajeer-1274	6	16	using	use	VERB
ajeer-1274	6	17	the	the	DET
ajeer-1274	6	18	error	error	NOUN
ajeer-1274	6	19	correction	correction	NOUN
ajeer-1274	6	20	mechanism	mechanism	NOUN
ajeer-1274	6	21	as	as	ADP
ajeer-1274	6	22	the	the	DET
ajeer-1274	6	23	unit	unit	NOUN
ajeer-1274	6	24	of	of	ADP
ajeer-1274	6	25	analyses	analysis	NOUN
ajeer-1274	6	26	and	and	CCONJ
ajeer-1274	6	27	estimated	estimate	VERB
ajeer-1274	6	28	employing	employ	VERB
ajeer-1274	6	29	the	the	DET
ajeer-1274	6	30	least	least	ADJ
ajeer-1274	6	31	square	square	ADJ
ajeer-1274	6	32	technique	technique	NOUN
ajeer-1274	6	33	.	.	PUNCT
ajeer-1274	7	1	the	the	DET
ajeer-1274	7	2	empirical	empirical	ADJ
ajeer-1274	7	3	findings	finding	NOUN
ajeer-1274	7	4	indicate	indicate	VERB
ajeer-1274	7	5	that	that	SCONJ
ajeer-1274	7	6	external	external	ADJ
ajeer-1274	7	7	debt	debt	NOUN
ajeer-1274	7	8	stock	stock	NOUN
ajeer-1274	7	9	exert	exert	VERB
ajeer-1274	7	10	a	a	DET
ajeer-1274	7	11	negative	negative	ADJ
ajeer-1274	7	12	and	and	CCONJ
ajeer-1274	7	13	statistically	statistically	ADV
ajeer-1274	7	14	significant	significant	ADJ
ajeer-1274	7	15	impact	impact	NOUN
ajeer-1274	7	16	on	on	ADP
ajeer-1274	7	17	nigeria	nigeria	PROPN
ajeer-1274	7	18	’s	’s	PART
ajeer-1274	7	19	foreign	foreign	PROPN
ajeer-1274	7	20	exchange	exchange	NOUN
ajeer-1274	7	21	reserve	reserve	NOUN
ajeer-1274	7	22	portfolios	portfolio	NOUN
ajeer-1274	7	23	.	.	PUNCT
ajeer-1274	8	1	it	it	PRON
ajeer-1274	8	2	further	far	ADV
ajeer-1274	8	3	emerged	emerge	VERB
ajeer-1274	8	4	that	that	SCONJ
ajeer-1274	8	5	external	external	ADJ
ajeer-1274	8	6	debt	debt	NOUN
ajeer-1274	8	7	service	service	NOUN
ajeer-1274	8	8	payments	payment	NOUN
ajeer-1274	8	9	exert	exert	VERB
ajeer-1274	8	10	a	a	DET
ajeer-1274	8	11	positive	positive	ADJ
ajeer-1274	8	12	but	but	CCONJ
ajeer-1274	8	13	statistically	statistically	ADV
ajeer-1274	8	14	insignificant	insignificant	ADJ
ajeer-1274	8	15	impact	impact	NOUN
ajeer-1274	8	16	on	on	ADP
ajeer-1274	8	17	the	the	DET
ajeer-1274	8	18	international	international	ADJ
ajeer-1274	8	19	reserves	reserve	NOUN
ajeer-1274	8	20	of	of	ADP
ajeer-1274	8	21	nigeria	nigeria	PROPN
ajeer-1274	8	22	.	.	PUNCT
ajeer-1274	9	1	the	the	DET
ajeer-1274	9	2	study	study	NOUN
ajeer-1274	9	3	concludes	conclude	VERB
ajeer-1274	9	4	that	that	SCONJ
ajeer-1274	9	5	external	external	ADJ
ajeer-1274	9	6	debt	debt	NOUN
ajeer-1274	9	7	stock	stock	NOUN
ajeer-1274	9	8	and	and	CCONJ
ajeer-1274	9	9	external	external	ADJ
ajeer-1274	9	10	debt	debt	NOUN
ajeer-1274	9	11	service	service	NOUN
ajeer-1274	9	12	payments	payment	NOUN
ajeer-1274	9	13	has	have	VERB
ajeer-1274	9	14	no	no	DET
ajeer-1274	9	15	significant	significant	ADJ
ajeer-1274	9	16	impact	impact	NOUN
ajeer-1274	9	17	on	on	ADP
ajeer-1274	9	18	the	the	DET
ajeer-1274	9	19	international	international	ADJ
ajeer-1274	9	20	reserve	reserve	NOUN
ajeer-1274	9	21	portfolios	portfolio	NOUN
ajeer-1274	9	22	of	of	ADP
ajeer-1274	9	23	nigeria	nigeria	PROPN
ajeer-1274	9	24	.	.	PUNCT
ajeer-1274	10	1	the	the	DET
ajeer-1274	10	2	study	study	NOUN
ajeer-1274	10	3	recommends	recommend	VERB
ajeer-1274	10	4	that	that	SCONJ
ajeer-1274	10	5	,	,	PUNCT
ajeer-1274	10	6	the	the	DET
ajeer-1274	10	7	fiscal	fiscal	ADJ
ajeer-1274	10	8	managers	manager	NOUN
ajeer-1274	10	9	of	of	ADP
ajeer-1274	10	10	nigeria	nigeria	PROPN
ajeer-1274	10	11	should	should	AUX
ajeer-1274	10	12	exercise	exercise	VERB
ajeer-1274	10	13	cushion	cushion	NOUN
ajeer-1274	10	14	in	in	ADP
ajeer-1274	10	15	external	external	ADJ
ajeer-1274	10	16	borrowing	borrowing	NOUN
ajeer-1274	10	17	in	in	ADP
ajeer-1274	10	18	order	order	NOUN
ajeer-1274	10	19	to	to	PART
ajeer-1274	10	20	ensure	ensure	VERB
ajeer-1274	10	21	that	that	SCONJ
ajeer-1274	10	22	concomitant	concomitant	ADJ
ajeer-1274	10	23	external	external	ADJ
ajeer-1274	10	24	debt	debt	NOUN
ajeer-1274	10	25	service	service	NOUN
ajeer-1274	10	26	payments	payment	NOUN
ajeer-1274	10	27	does	do	AUX
ajeer-1274	10	28	not	not	PART
ajeer-1274	10	29	deplete	deplete	VERB
ajeer-1274	10	30	the	the	DET
ajeer-1274	10	31	international	international	ADJ
ajeer-1274	10	32	reserves	reserve	NOUN
ajeer-1274	10	33	of	of	ADP
ajeer-1274	10	34	the	the	DET
ajeer-1274	10	35	country	country	NOUN
ajeer-1274	10	36	.	.	PUNCT
ajeer-1274	11	1	keywords	keyword	NOUN
ajeer-1274	11	2	:	:	PUNCT
ajeer-1274	11	3	external	external	ADJ
ajeer-1274	11	4	debt	debt	NOUN
ajeer-1274	11	5	,	,	PUNCT
ajeer-1274	11	6	external	external	ADJ
ajeer-1274	11	7	debt	debt	NOUN
ajeer-1274	11	8	servicing	servicing	NOUN
ajeer-1274	11	9	,	,	PUNCT
ajeer-1274	11	10	international	international	ADJ
ajeer-1274	11	11	reserves	reserve	NOUN
ajeer-1274	11	12	,	,	PUNCT
ajeer-1274	11	13	dual	dual	ADJ
ajeer-1274	11	14	gap	gap	NOUN
ajeer-1274	11	15	theory	theory	NOUN
ajeer-1274	11	16	,	,	PUNCT
ajeer-1274	11	17	self	self	NOUN
ajeer-1274	11	18	-	-	PUNCT
ajeer-1274	11	19	insurance	insurance	NOUN
ajeer-1274	11	20	theory	theory	NOUN
ajeer-1274	11	21	,	,	PUNCT
ajeer-1274	11	22	nigeria	nigeria	PROPN
ajeer-1274	11	23	.	.	PUNCT
ajeer-1274	12	1	jel	jel	PROPN
ajeer-1274	12	2	classification	classification	NOUN
ajeer-1274	12	3	:	:	PUNCT
ajeer-1274	12	4	h69	h69	PROPN
ajeer-1274	12	5	,	,	PUNCT
ajeer-1274	12	6	f31	f31	PROPN
ajeer-1274	12	7	.	.	PUNCT
ajeer-1274	12	8	citation	citation	NOUN
ajeer-1274	13	1	|	|	ADV
ajeer-1274	13	2	peter	peter	PROPN
ajeer-1274	13	3	e.	e.	PROPN
ajeer-1274	13	4	ayunku	ayunku	PROPN
ajeer-1274	13	5	;	;	PUNCT
ajeer-1274	13	6	dumani	dumani	PROPN
ajeer-1274	13	7	markjackson	markjackson	NOUN
ajeer-1274	13	8	(	(	PUNCT
ajeer-1274	13	9	2020	2020	NUM
ajeer-1274	13	10	)	)	PUNCT
ajeer-1274	13	11	.	.	PUNCT
ajeer-1274	14	1	impact	impact	NOUN
ajeer-1274	14	2	of	of	ADP
ajeer-1274	14	3	external	external	ADJ
ajeer-1274	14	4	debt	debt	NOUN
ajeer-1274	14	5	on	on	ADP
ajeer-1274	14	6	nigeria	nigeria	PROPN
ajeer-1274	14	7	’s	’s	PART
ajeer-1274	14	8	foreign	foreign	PROPN
ajeer-1274	14	9	reserve	reserve	NOUN
ajeer-1274	14	10	portfolios	portfolio	NOUN
ajeer-1274	14	11	.	.	PUNCT
ajeer-1274	15	1	asian	asian	ADJ
ajeer-1274	15	2	journal	journal	PROPN
ajeer-1274	15	3	of	of	ADP
ajeer-1274	15	4	economics	economic	NOUN
ajeer-1274	15	5	and	and	CCONJ
ajeer-1274	15	6	empirical	empirical	ADJ
ajeer-1274	15	7	research	research	NOUN
ajeer-1274	15	8	,	,	PUNCT
ajeer-1274	15	9	7(1	7(1	NUM
ajeer-1274	15	10	):	):	PUNCT
ajeer-1274	15	11	1	1	NUM
ajeer-1274	15	12	-	-	SYM
ajeer-1274	15	13	7	7	NUM
ajeer-1274	15	14	.	.	PUNCT
ajeer-1274	15	15	history	history	NOUN
ajeer-1274	15	16	:	:	PUNCT
ajeer-1274	15	17	received	receive	VERB
ajeer-1274	15	18	:	:	PUNCT
ajeer-1274	15	19	8	8	NUM
ajeer-1274	15	20	november	november	PROPN
ajeer-1274	15	21	2019	2019	NUM
ajeer-1274	15	22	revised	revise	VERB
ajeer-1274	15	23	:	:	PUNCT
ajeer-1274	15	24	11	11	NUM
ajeer-1274	15	25	december	december	PROPN
ajeer-1274	15	26	2019	2019	NUM
ajeer-1274	15	27	accepted	accept	VERB
ajeer-1274	15	28	:	:	PUNCT
ajeer-1274	15	29	15	15	NUM
ajeer-1274	15	30	january	january	PROPN
ajeer-1274	15	31	2020	2020	NUM
ajeer-1274	15	32	published	publish	VERB
ajeer-1274	15	33	:	:	PUNCT
ajeer-1274	15	34	3	3	NUM
ajeer-1274	15	35	february	february	PROPN
ajeer-1274	15	36	2020	2020	NUM
ajeer-1274	15	37	licensed	license	VERB
ajeer-1274	15	38	:	:	PUNCT
ajeer-1274	15	39	this	this	DET
ajeer-1274	15	40	work	work	NOUN
ajeer-1274	15	41	is	be	AUX
ajeer-1274	15	42	licensed	license	VERB
ajeer-1274	15	43	under	under	ADP
ajeer-1274	15	44	a	a	DET
ajeer-1274	15	45	creative	creative	ADJ
ajeer-1274	15	46	commons	common	NOUN
ajeer-1274	15	47	attribution	attribution	NOUN
ajeer-1274	15	48	3.0	3.0	NUM
ajeer-1274	15	49	license	license	NOUN
ajeer-1274	15	50	publisher	publisher	NOUN
ajeer-1274	15	51	:	:	PUNCT
ajeer-1274	15	52	asian	asian	ADJ
ajeer-1274	15	53	online	online	PROPN
ajeer-1274	15	54	journal	journal	PROPN
ajeer-1274	15	55	publishing	publishing	NOUN
ajeer-1274	15	56	group	group	NOUN
ajeer-1274	15	57	acknowledgement	acknowledgement	NOUN
ajeer-1274	15	58	:	:	PUNCT
ajeer-1274	15	59	both	both	DET
ajeer-1274	15	60	authors	author	NOUN
ajeer-1274	15	61	contributed	contribute	VERB
ajeer-1274	15	62	to	to	ADP
ajeer-1274	15	63	the	the	DET
ajeer-1274	15	64	conception	conception	NOUN
ajeer-1274	15	65	and	and	CCONJ
ajeer-1274	15	66	design	design	NOUN
ajeer-1274	15	67	of	of	ADP
ajeer-1274	15	68	the	the	DET
ajeer-1274	15	69	study	study	NOUN
ajeer-1274	15	70	.	.	PUNCT
ajeer-1274	16	1	funding	funding	NOUN
ajeer-1274	16	2	:	:	PUNCT
ajeer-1274	16	3	this	this	DET
ajeer-1274	16	4	study	study	NOUN
ajeer-1274	16	5	received	receive	VERB
ajeer-1274	16	6	no	no	DET
ajeer-1274	16	7	specific	specific	ADJ
ajeer-1274	16	8	financial	financial	ADJ
ajeer-1274	16	9	support	support	NOUN
ajeer-1274	16	10	.	.	PUNCT
ajeer-1274	17	1	competing	compete	VERB
ajeer-1274	17	2	interests	interest	NOUN
ajeer-1274	17	3	:	:	PUNCT
ajeer-1274	17	4	the	the	DET
ajeer-1274	17	5	authors	author	NOUN
ajeer-1274	17	6	declare	declare	VERB
ajeer-1274	17	7	that	that	SCONJ
ajeer-1274	17	8	they	they	PRON
ajeer-1274	17	9	have	have	VERB
ajeer-1274	17	10	no	no	DET
ajeer-1274	17	11	conflict	conflict	NOUN
ajeer-1274	17	12	of	of	ADP
ajeer-1274	17	13	interests	interest	NOUN
ajeer-1274	17	14	.	.	PUNCT
ajeer-1274	18	1	transparency	transparency	NOUN
ajeer-1274	18	2	:	:	PUNCT
ajeer-1274	18	3	the	the	DET
ajeer-1274	18	4	authors	author	NOUN
ajeer-1274	18	5	confirm	confirm	VERB
ajeer-1274	18	6	that	that	SCONJ
ajeer-1274	18	7	the	the	DET
ajeer-1274	18	8	manuscript	manuscript	NOUN
ajeer-1274	18	9	is	be	AUX
ajeer-1274	18	10	an	an	DET
ajeer-1274	18	11	honest	honest	ADJ
ajeer-1274	18	12	,	,	PUNCT
ajeer-1274	18	13	accurate	accurate	ADJ
ajeer-1274	18	14	,	,	PUNCT
ajeer-1274	18	15	and	and	CCONJ
ajeer-1274	18	16	transparent	transparent	ADJ
ajeer-1274	18	17	account	account	NOUN
ajeer-1274	18	18	of	of	ADP
ajeer-1274	18	19	the	the	DET
ajeer-1274	18	20	study	study	NOUN
ajeer-1274	18	21	was	be	AUX
ajeer-1274	18	22	reported	report	VERB
ajeer-1274	18	23	;	;	PUNCT
ajeer-1274	18	24	that	that	SCONJ
ajeer-1274	18	25	no	no	DET
ajeer-1274	18	26	vital	vital	ADJ
ajeer-1274	18	27	features	feature	NOUN
ajeer-1274	18	28	of	of	ADP
ajeer-1274	18	29	the	the	DET
ajeer-1274	18	30	study	study	NOUN
ajeer-1274	18	31	have	have	AUX
ajeer-1274	18	32	been	be	AUX
ajeer-1274	18	33	omitted	omit	VERB
ajeer-1274	18	34	;	;	PUNCT
ajeer-1274	18	35	and	and	CCONJ
ajeer-1274	18	36	that	that	SCONJ
ajeer-1274	18	37	any	any	DET
ajeer-1274	18	38	discrepancies	discrepancy	NOUN
ajeer-1274	18	39	from	from	ADP
ajeer-1274	18	40	the	the	DET
ajeer-1274	18	41	study	study	NOUN
ajeer-1274	18	42	as	as	SCONJ
ajeer-1274	18	43	planned	plan	VERB
ajeer-1274	18	44	have	have	AUX
ajeer-1274	18	45	been	be	AUX
ajeer-1274	18	46	explained	explain	VERB
ajeer-1274	18	47	.	.	PUNCT
ajeer-1274	19	1	ethical	ethical	ADJ
ajeer-1274	19	2	:	:	PUNCT
ajeer-1274	19	3	this	this	DET
ajeer-1274	19	4	study	study	NOUN
ajeer-1274	19	5	follows	follow	VERB
ajeer-1274	19	6	all	all	DET
ajeer-1274	19	7	ethical	ethical	ADJ
ajeer-1274	19	8	practices	practice	NOUN
ajeer-1274	19	9	during	during	ADP
ajeer-1274	19	10	writing	writing	NOUN
ajeer-1274	19	11	.	.	PUNCT
ajeer-1274	20	1	contents	content	NOUN
ajeer-1274	20	2	1	1	NUM
ajeer-1274	20	3	.	.	PUNCT
ajeer-1274	21	1	introduction	introduction	NOUN
ajeer-1274	21	2	.........................................................................................................................................................................................	.........................................................................................................................................................................................	NOUN
ajeer-1274	22	1	2	2	NUM
ajeer-1274	22	2	2	2	NUM
ajeer-1274	22	3	.	.	PUNCT
ajeer-1274	22	4	theoretical	theoretical	ADJ
ajeer-1274	22	5	framework	framework	NOUN
ajeer-1274	22	6	.....................................................................................................................................................................	.....................................................................................................................................................................	PUNCT
ajeer-1274	22	7	2	2	NUM
ajeer-1274	22	8	3	3	NUM
ajeer-1274	22	9	.	.	PUNCT
ajeer-1274	22	10	review	review	NOUN
ajeer-1274	22	11	of	of	ADP
ajeer-1274	22	12	related	related	ADJ
ajeer-1274	22	13	empirical	empirical	ADJ
ajeer-1274	22	14	studies	study	NOUN
ajeer-1274	22	15	..............................................................................................................................................	..............................................................................................................................................	NOUN
ajeer-1274	22	16	3	3	NUM
ajeer-1274	22	17	4	4	NUM
ajeer-1274	22	18	.	.	PUNCT
ajeer-1274	22	19	methodology	methodology	NOUN
ajeer-1274	22	20	........................................................................................................................................................................................	........................................................................................................................................................................................	PUNCT
ajeer-1274	23	1	4	4	NUM
ajeer-1274	23	2	5	5	NUM
ajeer-1274	23	3	.	.	NUM
ajeer-1274	23	4	econometric	econometric	ADJ
ajeer-1274	23	5	results	result	NOUN
ajeer-1274	23	6	..........................................................................................................................................................................	..........................................................................................................................................................................	PUNCT
ajeer-1274	23	7	5	5	NUM
ajeer-1274	23	8	6	6	NUM
ajeer-1274	23	9	.	.	PUNCT
ajeer-1274	24	1	conclusion	conclusion	NOUN
ajeer-1274	24	2	............................................................................................................................................................................................	............................................................................................................................................................................................	NUM
ajeer-1274	25	1	6	6	NUM
ajeer-1274	25	2	references	reference	NOUN
ajeer-1274	25	3	.................................................................................................................................................................................................	.................................................................................................................................................................................................	PROPN
ajeer-1274	25	4	7	7	NUM
ajeer-1274	25	5	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.501.2020.71.1.7&domain=pdf&date_stamp=2017-01-14	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.501.2020.71.1.7&domain=pdf&date_stamp=2017-01-14	PUNCT
ajeer-1274	25	6	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
ajeer-1274	25	7	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
ajeer-1274	25	8	https://www.asianonlinejournals.com/index.php/ajeer/article/view/1274	https://www.asianonlinejournals.com/index.php/ajeer/article/view/1274	PROPN
ajeer-1274	25	9	https://orcid.org/0000-0002-6120-3392	https://orcid.org/0000-0002-6120-3392	PROPN
ajeer-1274	25	10	https://orcid.org/0000-0002-0012-2943	https://orcid.org/0000-0002-0012-2943	PROPN
ajeer-1274	25	11	https://www.asianonlinejournals.com/index.php/ajeer/article/view/1274	https://www.asianonlinejournals.com/index.php/ajeer/article/view/1274	PRON
ajeer-1274	25	12	https://orcid.org/0000-0002-6120-3392	https://orcid.org/0000-0002-6120-3392	PROPN
ajeer-1274	25	13	https://orcid.org/0000-0002-0012-2943	https://orcid.org/0000-0002-0012-2943	PROPN
ajeer-1274	25	14	https://www.asianonlinejournals.com/index.php/ajeer/article/view/1274	https://www.asianonlinejournals.com/index.php/ajeer/article/view/1274	PRON
ajeer-1274	25	15	https://orcid.org/0000-0002-6120-3392	https://orcid.org/0000-0002-6120-3392	PROPN
ajeer-1274	25	16	https://orcid.org/0000-0002-0012-2943	https://orcid.org/0000-0002-0012-2943	PROPN
ajeer-1274	25	17	https://www.asianonlinejournals.com/index.php/ajeer/article/view/1274	https://www.asianonlinejournals.com/index.php/ajeer/article/view/1274	PROPN
ajeer-1274	25	18	https://orcid.org/0000-0002-6120-3392	https://orcid.org/0000-0002-6120-3392	PROPN
ajeer-1274	25	19	https://orcid.org/0000-0002-0012-2943	https://orcid.org/0000-0002-0012-2943	PROPN
ajeer-1274	25	20	asian	asian	PROPN
ajeer-1274	25	21	journal	journal	PROPN
ajeer-1274	25	22	of	of	ADP
ajeer-1274	25	23	economics	economic	NOUN
ajeer-1274	25	24	and	and	CCONJ
ajeer-1274	25	25	empirical	empirical	ADJ
ajeer-1274	25	26	research	research	NOUN
ajeer-1274	25	27	,	,	PUNCT
ajeer-1274	25	28	2020	2020	NUM
ajeer-1274	25	29	,	,	PUNCT
ajeer-1274	25	30	7(1	7(1	NUM
ajeer-1274	25	31	):	):	PUNCT
ajeer-1274	25	32	1	1	NUM
ajeer-1274	25	33	-	-	SYM
ajeer-1274	25	34	7	7	NUM
ajeer-1274	25	35	2	2	NUM
ajeer-1274	25	36	©	©	PROPN
ajeer-1274	25	37	2020	2020	NUM
ajeer-1274	25	38	by	by	ADP
ajeer-1274	25	39	the	the	DET
ajeer-1274	25	40	authors	author	NOUN
ajeer-1274	25	41	;	;	PUNCT
ajeer-1274	25	42	licensee	licensee	PROPN
ajeer-1274	25	43	asian	asian	ADJ
ajeer-1274	25	44	online	online	PROPN
ajeer-1274	25	45	journal	journal	PROPN
ajeer-1274	25	46	publishing	publishing	NOUN
ajeer-1274	25	47	group	group	NOUN
ajeer-1274	25	48	contribution	contribution	NOUN
ajeer-1274	25	49	of	of	ADP
ajeer-1274	25	50	this	this	DET
ajeer-1274	25	51	paper	paper	NOUN
ajeer-1274	25	52	to	to	ADP
ajeer-1274	25	53	the	the	DET
ajeer-1274	25	54	literature	literature	NOUN
ajeer-1274	25	55	this	this	DET
ajeer-1274	25	56	study	study	NOUN
ajeer-1274	25	57	contributes	contribute	VERB
ajeer-1274	25	58	to	to	ADP
ajeer-1274	25	59	existing	exist	VERB
ajeer-1274	25	60	literature	literature	NOUN
ajeer-1274	25	61	by	by	ADP
ajeer-1274	25	62	examining	examine	VERB
ajeer-1274	25	63	the	the	DET
ajeer-1274	25	64	impact	impact	NOUN
ajeer-1274	25	65	of	of	ADP
ajeer-1274	25	66	external	external	ADJ
ajeer-1274	25	67	debt	debt	NOUN
ajeer-1274	25	68	and	and	CCONJ
ajeer-1274	25	69	external	external	ADJ
ajeer-1274	25	70	debt	debt	NOUN
ajeer-1274	25	71	servicing	servicing	NOUN
ajeer-1274	25	72	on	on	ADP
ajeer-1274	25	73	the	the	DET
ajeer-1274	25	74	international	international	ADJ
ajeer-1274	25	75	reserves	reserve	NOUN
ajeer-1274	25	76	of	of	ADP
ajeer-1274	25	77	nigeria	nigeria	PROPN
ajeer-1274	25	78	.	.	PUNCT
ajeer-1274	26	1	1	1	X
ajeer-1274	26	2	.	.	X
ajeer-1274	26	3	introduction	introduction	NOUN
ajeer-1274	26	4	the	the	DET
ajeer-1274	26	5	funding	funding	NOUN
ajeer-1274	26	6	challenges	challenge	NOUN
ajeer-1274	26	7	of	of	ADP
ajeer-1274	26	8	developing	develop	VERB
ajeer-1274	26	9	countries	country	NOUN
ajeer-1274	26	10	are	be	AUX
ajeer-1274	26	11	not	not	PART
ajeer-1274	26	12	alien	alien	ADJ
ajeer-1274	26	13	to	to	ADP
ajeer-1274	26	14	policy	policy	NOUN
ajeer-1274	26	15	makers	maker	NOUN
ajeer-1274	26	16	,	,	PUNCT
ajeer-1274	26	17	researchers	researcher	NOUN
ajeer-1274	26	18	and	and	CCONJ
ajeer-1274	26	19	academics	academic	NOUN
ajeer-1274	26	20	.	.	PUNCT
ajeer-1274	27	1	it	it	PRON
ajeer-1274	27	2	is	be	AUX
ajeer-1274	27	3	widely	widely	ADV
ajeer-1274	27	4	held	hold	VERB
ajeer-1274	27	5	that	that	SCONJ
ajeer-1274	27	6	developing	develop	VERB
ajeer-1274	27	7	nations	nation	NOUN
ajeer-1274	27	8	are	be	AUX
ajeer-1274	27	9	constrained	constrain	VERB
ajeer-1274	27	10	of	of	ADP
ajeer-1274	27	11	sufficient	sufficient	ADJ
ajeer-1274	27	12	funds	fund	NOUN
ajeer-1274	27	13	to	to	PART
ajeer-1274	27	14	build	build	VERB
ajeer-1274	27	15	basic	basic	ADJ
ajeer-1274	27	16	infrastructure	infrastructure	NOUN
ajeer-1274	27	17	that	that	PRON
ajeer-1274	27	18	would	would	AUX
ajeer-1274	27	19	set	set	VERB
ajeer-1274	27	20	the	the	DET
ajeer-1274	27	21	pace	pace	NOUN
ajeer-1274	27	22	for	for	ADP
ajeer-1274	27	23	capital	capital	NOUN
ajeer-1274	27	24	formation	formation	NOUN
ajeer-1274	27	25	and	and	CCONJ
ajeer-1274	27	26	sustainable	sustainable	ADJ
ajeer-1274	27	27	growth	growth	NOUN
ajeer-1274	27	28	(	(	PUNCT
ajeer-1274	27	29	ayadi	ayadi	NOUN
ajeer-1274	27	30	and	and	CCONJ
ajeer-1274	27	31	ayadi	ayadi	NOUN
ajeer-1274	27	32	,	,	PUNCT
ajeer-1274	27	33	2008	2008	NUM
ajeer-1274	27	34	;	;	PUNCT
ajeer-1274	27	35	saheed	sahee	VERB
ajeer-1274	27	36	et	et	PROPN
ajeer-1274	27	37	al	al	PROPN
ajeer-1274	27	38	.	.	PROPN
ajeer-1274	27	39	,	,	PUNCT
ajeer-1274	27	40	2015	2015	NUM
ajeer-1274	27	41	;	;	PUNCT
ajeer-1274	27	42	rahaj	rahaj	PROPN
ajeer-1274	27	43	,	,	PUNCT
ajeer-1274	27	44	2018	2018	NUM
ajeer-1274	27	45	)	)	PUNCT
ajeer-1274	27	46	.	.	PUNCT
ajeer-1274	28	1	this	this	PRON
ajeer-1274	28	2	implies	imply	VERB
ajeer-1274	28	3	that	that	SCONJ
ajeer-1274	28	4	tax	tax	NOUN
ajeer-1274	28	5	revenue	revenue	NOUN
ajeer-1274	28	6	,	,	PUNCT
ajeer-1274	28	7	crude	crude	ADJ
ajeer-1274	28	8	oil	oil	NOUN
ajeer-1274	28	9	proceeds	proceed	NOUN
ajeer-1274	28	10	and	and	CCONJ
ajeer-1274	28	11	proceeds	proceed	NOUN
ajeer-1274	28	12	from	from	ADP
ajeer-1274	28	13	other	other	ADJ
ajeer-1274	28	14	natural	natural	ADJ
ajeer-1274	28	15	endowments	endowment	NOUN
ajeer-1274	28	16	which	which	PRON
ajeer-1274	28	17	form	form	VERB
ajeer-1274	28	18	the	the	DET
ajeer-1274	28	19	bulk	bulk	NOUN
ajeer-1274	28	20	of	of	ADP
ajeer-1274	28	21	government	government	NOUN
ajeer-1274	28	22	revenue	revenue	NOUN
ajeer-1274	28	23	in	in	ADP
ajeer-1274	28	24	developing	develop	VERB
ajeer-1274	28	25	countries	country	NOUN
ajeer-1274	28	26	are	be	AUX
ajeer-1274	28	27	inadequate	inadequate	ADJ
ajeer-1274	28	28	to	to	PART
ajeer-1274	28	29	stimulate	stimulate	VERB
ajeer-1274	28	30	sustainable	sustainable	ADJ
ajeer-1274	28	31	growth	growth	NOUN
ajeer-1274	28	32	.	.	PUNCT
ajeer-1274	29	1	this	this	PRON
ajeer-1274	29	2	is	be	AUX
ajeer-1274	29	3	as	as	ADP
ajeer-1274	29	4	a	a	DET
ajeer-1274	29	5	result	result	NOUN
ajeer-1274	29	6	of	of	ADP
ajeer-1274	29	7	their	their	PRON
ajeer-1274	29	8	inability	inability	NOUN
ajeer-1274	29	9	to	to	PART
ajeer-1274	29	10	build	build	VERB
ajeer-1274	29	11	adequate	adequate	ADJ
ajeer-1274	29	12	collection	collection	NOUN
ajeer-1274	29	13	structures	structure	NOUN
ajeer-1274	29	14	,	,	PUNCT
ajeer-1274	29	15	tax	tax	NOUN
ajeer-1274	29	16	base	base	NOUN
ajeer-1274	29	17	and	and	CCONJ
ajeer-1274	29	18	acute	acute	ADJ
ajeer-1274	29	19	volatility	volatility	NOUN
ajeer-1274	29	20	of	of	ADP
ajeer-1274	29	21	commodity	commodity	NOUN
ajeer-1274	29	22	prices	price	NOUN
ajeer-1274	29	23	.	.	PUNCT
ajeer-1274	30	1	faced	face	VERB
ajeer-1274	30	2	with	with	ADP
ajeer-1274	30	3	shortfalls	shortfall	NOUN
ajeer-1274	30	4	in	in	ADP
ajeer-1274	30	5	revenue	revenue	NOUN
ajeer-1274	30	6	and	and	CCONJ
ajeer-1274	30	7	the	the	DET
ajeer-1274	30	8	need	need	NOUN
ajeer-1274	30	9	to	to	PART
ajeer-1274	30	10	increase	increase	VERB
ajeer-1274	30	11	investment	investment	NOUN
ajeer-1274	30	12	in	in	ADP
ajeer-1274	30	13	public	public	ADJ
ajeer-1274	30	14	works	work	NOUN
ajeer-1274	30	15	,	,	PUNCT
ajeer-1274	30	16	developing	develop	VERB
ajeer-1274	30	17	countries	country	NOUN
ajeer-1274	30	18	engage	engage	VERB
ajeer-1274	30	19	in	in	ADP
ajeer-1274	30	20	deficit	deficit	NOUN
ajeer-1274	30	21	spending	spending	NOUN
ajeer-1274	30	22	to	to	PART
ajeer-1274	30	23	bridge	bridge	VERB
ajeer-1274	30	24	the	the	DET
ajeer-1274	30	25	gap	gap	NOUN
ajeer-1274	30	26	in	in	ADP
ajeer-1274	30	27	funding	fund	VERB
ajeer-1274	30	28	public	public	ADJ
ajeer-1274	30	29	expenditure	expenditure	NOUN
ajeer-1274	30	30	.	.	PUNCT
ajeer-1274	31	1	central	central	ADJ
ajeer-1274	31	2	to	to	ADP
ajeer-1274	31	3	this	this	DET
ajeer-1274	31	4	axiom	axiom	NOUN
ajeer-1274	31	5	is	be	AUX
ajeer-1274	31	6	the	the	DET
ajeer-1274	31	7	beliefs	belief	NOUN
ajeer-1274	31	8	that	that	PRON
ajeer-1274	31	9	increase	increase	VERB
ajeer-1274	31	10	in	in	ADP
ajeer-1274	31	11	public	public	ADJ
ajeer-1274	31	12	expenditure	expenditure	NOUN
ajeer-1274	31	13	cultivate	cultivate	NOUN
ajeer-1274	31	14	and	and	CCONJ
ajeer-1274	31	15	stimulate	stimulate	VERB
ajeer-1274	31	16	the	the	DET
ajeer-1274	31	17	national	national	ADJ
ajeer-1274	31	18	productivity	productivity	NOUN
ajeer-1274	31	19	possibility	possibility	NOUN
ajeer-1274	31	20	curve	curve	NOUN
ajeer-1274	31	21	outwards	outward	NOUN
ajeer-1274	31	22	.	.	PUNCT
ajeer-1274	32	1	the	the	DET
ajeer-1274	32	2	origin	origin	NOUN
ajeer-1274	32	3	of	of	ADP
ajeer-1274	32	4	this	this	DET
ajeer-1274	32	5	theory	theory	NOUN
ajeer-1274	32	6	can	can	AUX
ajeer-1274	32	7	be	be	AUX
ajeer-1274	32	8	traced	trace	VERB
ajeer-1274	32	9	to	to	ADP
ajeer-1274	32	10	wagner	wagner	PROPN
ajeer-1274	32	11	’s	’s	PART
ajeer-1274	32	12	law	law	NOUN
ajeer-1274	32	13	of	of	ADP
ajeer-1274	32	14	increasing	increase	VERB
ajeer-1274	32	15	state	state	NOUN
ajeer-1274	32	16	activity	activity	NOUN
ajeer-1274	32	17	of	of	ADP
ajeer-1274	32	18	1883	1883	NUM
ajeer-1274	32	19	which	which	PRON
ajeer-1274	32	20	averred	aver	VERB
ajeer-1274	32	21	that	that	SCONJ
ajeer-1274	32	22	the	the	DET
ajeer-1274	32	23	size	size	NOUN
ajeer-1274	32	24	of	of	ADP
ajeer-1274	32	25	economic	economic	ADJ
ajeer-1274	32	26	development	development	NOUN
ajeer-1274	32	27	of	of	ADP
ajeer-1274	32	28	a	a	DET
ajeer-1274	32	29	nation	nation	NOUN
ajeer-1274	32	30	is	be	AUX
ajeer-1274	32	31	directly	directly	ADV
ajeer-1274	32	32	a	a	DET
ajeer-1274	32	33	function	function	NOUN
ajeer-1274	32	34	of	of	ADP
ajeer-1274	32	35	the	the	DET
ajeer-1274	32	36	size	size	NOUN
ajeer-1274	32	37	of	of	ADP
ajeer-1274	32	38	public	public	ADJ
ajeer-1274	32	39	spending	spending	NOUN
ajeer-1274	32	40	of	of	ADP
ajeer-1274	32	41	that	that	DET
ajeer-1274	32	42	nation	nation	NOUN
ajeer-1274	32	43	(	(	PUNCT
ajeer-1274	32	44	magazzino	magazzino	PROPN
ajeer-1274	32	45	et	et	PROPN
ajeer-1274	32	46	al	al	PROPN
ajeer-1274	32	47	.	.	PROPN
ajeer-1274	32	48	,	,	PUNCT
ajeer-1274	32	49	2015	2015	NUM
ajeer-1274	32	50	;	;	PUNCT
ajeer-1274	32	51	yoshito	yoshito	NOUN
ajeer-1274	32	52	,	,	PUNCT
ajeer-1274	32	53	2015	2015	NUM
ajeer-1274	32	54	)	)	PUNCT
ajeer-1274	32	55	.	.	PUNCT
ajeer-1274	33	1	nigeria	nigeria	PROPN
ajeer-1274	33	2	has	have	AUX
ajeer-1274	33	3	consequently	consequently	ADV
ajeer-1274	33	4	been	be	AUX
ajeer-1274	33	5	engaging	engage	VERB
ajeer-1274	33	6	in	in	ADP
ajeer-1274	33	7	deficit	deficit	NOUN
ajeer-1274	33	8	spending	spending	NOUN
ajeer-1274	33	9	as	as	ADP
ajeer-1274	33	10	anchor	anchor	NOUN
ajeer-1274	33	11	to	to	ADP
ajeer-1274	33	12	capital	capital	NOUN
ajeer-1274	33	13	formation	formation	NOUN
ajeer-1274	33	14	and	and	CCONJ
ajeer-1274	33	15	sustainable	sustainable	ADJ
ajeer-1274	33	16	output	output	NOUN
ajeer-1274	33	17	growth	growth	NOUN
ajeer-1274	33	18	.	.	PUNCT
ajeer-1274	34	1	plethora	plethora	ADV
ajeer-1274	34	2	of	of	ADP
ajeer-1274	34	3	studies	study	NOUN
ajeer-1274	34	4	has	have	AUX
ajeer-1274	34	5	established	establish	VERB
ajeer-1274	34	6	that	that	DET
ajeer-1274	34	7	internal	internal	ADJ
ajeer-1274	34	8	or	or	CCONJ
ajeer-1274	34	9	external	external	ADJ
ajeer-1274	34	10	debt	debt	NOUN
ajeer-1274	34	11	,	,	PUNCT
ajeer-1274	34	12	when	when	SCONJ
ajeer-1274	34	13	applied	apply	VERB
ajeer-1274	34	14	wholly	wholly	ADV
ajeer-1274	34	15	on	on	ADP
ajeer-1274	34	16	public	public	ADJ
ajeer-1274	34	17	works	work	NOUN
ajeer-1274	34	18	and	and	CCONJ
ajeer-1274	34	19	infrastructure	infrastructure	NOUN
ajeer-1274	34	20	has	have	VERB
ajeer-1274	34	21	the	the	DET
ajeer-1274	34	22	capacity	capacity	NOUN
ajeer-1274	34	23	to	to	PART
ajeer-1274	34	24	stimulate	stimulate	VERB
ajeer-1274	34	25	the	the	DET
ajeer-1274	34	26	economic	economic	ADJ
ajeer-1274	34	27	wellbeing	wellbeing	NOUN
ajeer-1274	34	28	of	of	ADP
ajeer-1274	34	29	a	a	DET
ajeer-1274	34	30	nation	nation	NOUN
ajeer-1274	34	31	(	(	PUNCT
ajeer-1274	34	32	oshikoya	oshikoya	PROPN
ajeer-1274	34	33	,	,	PUNCT
ajeer-1274	34	34	1989	1989	NUM
ajeer-1274	34	35	;	;	PUNCT
ajeer-1274	34	36	asogwa	asogwa	PROPN
ajeer-1274	34	37	et	et	PROPN
ajeer-1274	34	38	al	al	PROPN
ajeer-1274	34	39	.	.	PROPN
ajeer-1274	34	40	,	,	PUNCT
ajeer-1274	34	41	2018	2018	NUM
ajeer-1274	34	42	)	)	PUNCT
ajeer-1274	34	43	.	.	PUNCT
ajeer-1274	35	1	according	accord	VERB
ajeer-1274	35	2	to	to	ADP
ajeer-1274	35	3	soludo	soludo	PROPN
ajeer-1274	35	4	(	(	PUNCT
ajeer-1274	35	5	2013	2013	NUM
ajeer-1274	35	6	)	)	PUNCT
ajeer-1274	35	7	public	public	ADJ
ajeer-1274	35	8	debt	debt	NOUN
ajeer-1274	35	9	is	be	AUX
ajeer-1274	35	10	needed	need	VERB
ajeer-1274	35	11	to	to	PART
ajeer-1274	35	12	elevate	elevate	VERB
ajeer-1274	35	13	and	and	CCONJ
ajeer-1274	35	14	spur	spur	VERB
ajeer-1274	35	15	the	the	DET
ajeer-1274	35	16	size	size	NOUN
ajeer-1274	35	17	of	of	ADP
ajeer-1274	35	18	aggregate	aggregate	ADJ
ajeer-1274	35	19	investment	investment	NOUN
ajeer-1274	35	20	and	and	CCONJ
ajeer-1274	35	21	circumvent	circumvent	VERB
ajeer-1274	35	22	funding	funding	NOUN
ajeer-1274	35	23	constraints	constraint	NOUN
ajeer-1274	35	24	of	of	ADP
ajeer-1274	35	25	government	government	NOUN
ajeer-1274	35	26	budget	budget	NOUN
ajeer-1274	35	27	in	in	SCONJ
ajeer-1274	35	28	order	order	NOUN
ajeer-1274	35	29	cultivate	cultivate	VERB
ajeer-1274	35	30	sustainable	sustainable	ADJ
ajeer-1274	35	31	growth	growth	NOUN
ajeer-1274	35	32	and	and	CCONJ
ajeer-1274	35	33	the	the	DET
ajeer-1274	35	34	gdp	gdp	NOUN
ajeer-1274	35	35	per	per	ADP
ajeer-1274	35	36	capita	capita	NOUN
ajeer-1274	35	37	of	of	ADP
ajeer-1274	35	38	the	the	DET
ajeer-1274	35	39	nation	nation	NOUN
ajeer-1274	35	40	.	.	PUNCT
ajeer-1274	36	1	records	record	NOUN
ajeer-1274	36	2	show	show	VERB
ajeer-1274	36	3	that	that	SCONJ
ajeer-1274	36	4	the	the	DET
ajeer-1274	36	5	fall	fall	NOUN
ajeer-1274	36	6	in	in	ADP
ajeer-1274	36	7	commodity	commodity	NOUN
ajeer-1274	36	8	prices	price	NOUN
ajeer-1274	36	9	in	in	ADP
ajeer-1274	36	10	1978	1978	NUM
ajeer-1274	36	11	pressured	pressure	VERB
ajeer-1274	36	12	the	the	DET
ajeer-1274	36	13	federal	federal	ADJ
ajeer-1274	36	14	government	government	NOUN
ajeer-1274	36	15	to	to	PART
ajeer-1274	36	16	borrow	borrow	VERB
ajeer-1274	36	17	from	from	ADP
ajeer-1274	36	18	overseas	overseas	ADJ
ajeer-1274	36	19	(	(	PUNCT
ajeer-1274	36	20	external	external	ADJ
ajeer-1274	36	21	debt	debt	NOUN
ajeer-1274	36	22	)	)	PUNCT
ajeer-1274	36	23	due	due	ADP
ajeer-1274	36	24	to	to	ADP
ajeer-1274	36	25	its	its	PRON
ajeer-1274	36	26	dwindling	dwindle	VERB
ajeer-1274	36	27	foreign	foreign	ADJ
ajeer-1274	36	28	exchange	exchange	NOUN
ajeer-1274	36	29	earnings	earning	NOUN
ajeer-1274	36	30	from	from	ADP
ajeer-1274	36	31	crude	crude	ADJ
ajeer-1274	36	32	oil	oil	NOUN
ajeer-1274	36	33	to	to	PART
ajeer-1274	36	34	meet	meet	VERB
ajeer-1274	36	35	her	her	PRON
ajeer-1274	36	36	many	many	ADJ
ajeer-1274	36	37	public	public	ADJ
ajeer-1274	36	38	works	work	NOUN
ajeer-1274	36	39	and	and	CCONJ
ajeer-1274	36	40	projects	project	NOUN
ajeer-1274	36	41	in	in	ADP
ajeer-1274	36	42	order	order	NOUN
ajeer-1274	36	43	to	to	PART
ajeer-1274	36	44	better	better	VERB
ajeer-1274	36	45	the	the	DET
ajeer-1274	36	46	lots	lot	NOUN
ajeer-1274	36	47	of	of	ADP
ajeer-1274	36	48	the	the	DET
ajeer-1274	36	49	people	people	NOUN
ajeer-1274	36	50	(	(	PUNCT
ajeer-1274	36	51	ndubuisi	ndubuisi	VERB
ajeer-1274	36	52	,	,	PUNCT
ajeer-1274	36	53	2017	2017	NUM
ajeer-1274	36	54	;	;	PUNCT
ajeer-1274	36	55	asogwa	asogwa	PROPN
ajeer-1274	36	56	et	et	PROPN
ajeer-1274	36	57	al	al	PROPN
ajeer-1274	36	58	.	.	PROPN
ajeer-1274	36	59	,	,	PUNCT
ajeer-1274	36	60	2018	2018	NUM
ajeer-1274	36	61	;	;	PUNCT
ajeer-1274	36	62	rahaj	rahaj	PROPN
ajeer-1274	36	63	,	,	PUNCT
ajeer-1274	36	64	2018	2018	NUM
ajeer-1274	36	65	)	)	PUNCT
ajeer-1274	36	66	.	.	PUNCT
ajeer-1274	37	1	however	however	ADV
ajeer-1274	37	2	,	,	PUNCT
ajeer-1274	37	3	records	record	NOUN
ajeer-1274	37	4	indicate	indicate	VERB
ajeer-1274	37	5	that	that	SCONJ
ajeer-1274	37	6	nigeria	nigeria	PROPN
ajeer-1274	37	7	used	use	VERB
ajeer-1274	37	8	external	external	ADJ
ajeer-1274	37	9	loans	loan	NOUN
ajeer-1274	37	10	to	to	PART
ajeer-1274	37	11	finance	finance	VERB
ajeer-1274	37	12	its	its	PRON
ajeer-1274	37	13	first	first	ADJ
ajeer-1274	37	14	plan	plan	NOUN
ajeer-1274	37	15	of	of	ADP
ajeer-1274	37	16	development	development	NOUN
ajeer-1274	37	17	in	in	ADP
ajeer-1274	37	18	1962	1962	NUM
ajeer-1274	37	19	(	(	PUNCT
ajeer-1274	37	20	oshikoya	oshikoya	PROPN
ajeer-1274	37	21	,	,	PUNCT
ajeer-1274	37	22	1989	1989	NUM
ajeer-1274	37	23	)	)	PUNCT
ajeer-1274	37	24	.	.	PUNCT
ajeer-1274	38	1	public	public	ADJ
ajeer-1274	38	2	expenditure	expenditure	NOUN
ajeer-1274	38	3	funding	funding	NOUN
ajeer-1274	38	4	over	over	ADP
ajeer-1274	38	5	the	the	DET
ajeer-1274	38	6	years	year	NOUN
ajeer-1274	38	7	have	have	AUX
ajeer-1274	38	8	not	not	PART
ajeer-1274	38	9	changed	change	VERB
ajeer-1274	38	10	significantly	significantly	ADV
ajeer-1274	38	11	as	as	SCONJ
ajeer-1274	38	12	government	government	NOUN
ajeer-1274	38	13	has	have	AUX
ajeer-1274	38	14	been	be	AUX
ajeer-1274	38	15	using	use	VERB
ajeer-1274	38	16	borrowed	borrow	VERB
ajeer-1274	38	17	funds	fund	NOUN
ajeer-1274	38	18	to	to	PART
ajeer-1274	38	19	finance	finance	VERB
ajeer-1274	38	20	its	its	PRON
ajeer-1274	38	21	expenditure	expenditure	NOUN
ajeer-1274	38	22	plan	plan	NOUN
ajeer-1274	38	23	due	due	ADP
ajeer-1274	38	24	to	to	ADP
ajeer-1274	38	25	revenue	revenue	NOUN
ajeer-1274	38	26	shortfalls	shortfall	NOUN
ajeer-1274	38	27	from	from	ADP
ajeer-1274	38	28	tax	tax	NOUN
ajeer-1274	38	29	and	and	CCONJ
ajeer-1274	38	30	oil	oil	NOUN
ajeer-1274	38	31	.	.	PUNCT
ajeer-1274	39	1	the	the	DET
ajeer-1274	39	2	use	use	NOUN
ajeer-1274	39	3	of	of	ADP
ajeer-1274	39	4	public	public	ADJ
ajeer-1274	39	5	debt	debt	NOUN
ajeer-1274	39	6	in	in	ADP
ajeer-1274	39	7	bridging	bridge	VERB
ajeer-1274	39	8	the	the	DET
ajeer-1274	39	9	revenue	revenue	NOUN
ajeer-1274	39	10	shortfalls	shortfall	NOUN
ajeer-1274	39	11	of	of	ADP
ajeer-1274	39	12	the	the	DET
ajeer-1274	39	13	government	government	NOUN
ajeer-1274	39	14	is	be	AUX
ajeer-1274	39	15	additionally	additionally	ADV
ajeer-1274	39	16	creating	create	VERB
ajeer-1274	39	17	a	a	DET
ajeer-1274	39	18	huge	huge	ADJ
ajeer-1274	39	19	economic	economic	ADJ
ajeer-1274	39	20	problem	problem	NOUN
ajeer-1274	39	21	for	for	ADP
ajeer-1274	39	22	countries	country	NOUN
ajeer-1274	39	23	as	as	SCONJ
ajeer-1274	39	24	the	the	DET
ajeer-1274	39	25	debt	debt	NOUN
ajeer-1274	39	26	figures	figure	NOUN
ajeer-1274	39	27	continue	continue	VERB
ajeer-1274	39	28	to	to	PART
ajeer-1274	39	29	spiral	spiral	VERB
ajeer-1274	39	30	.	.	PUNCT
ajeer-1274	40	1	according	accord	VERB
ajeer-1274	40	2	to	to	ADP
ajeer-1274	40	3	the	the	DET
ajeer-1274	40	4	debt	debt	NOUN
ajeer-1274	40	5	management	management	NOUN
ajeer-1274	40	6	office	office	NOUN
ajeer-1274	40	7	(	(	PUNCT
ajeer-1274	40	8	2019	2019	NUM
ajeer-1274	40	9	)	)	PUNCT
ajeer-1274	40	10	nigeria	nigeria	PROPN
ajeer-1274	40	11	’s	’s	PART
ajeer-1274	40	12	foreign	foreign	ADJ
ajeer-1274	40	13	debt	debt	NOUN
ajeer-1274	40	14	stands	stand	VERB
ajeer-1274	40	15	at	at	ADP
ajeer-1274	40	16	27.162	27.162	NUM
ajeer-1274	40	17	billion	billion	NUM
ajeer-1274	40	18	usd	usd	NOUN
ajeer-1274	40	19	,	,	PUNCT
ajeer-1274	40	20	while	while	SCONJ
ajeer-1274	40	21	local	local	ADJ
ajeer-1274	40	22	debt	debt	NOUN
ajeer-1274	40	23	stood	stand	VERB
ajeer-1274	40	24	at	at	ADP
ajeer-1274	40	25	56.72	56.72	NUM
ajeer-1274	40	26	billion	billion	NUM
ajeer-1274	40	27	usd	usd	NOUN
ajeer-1274	40	28	as	as	ADP
ajeer-1274	40	29	at	at	ADP
ajeer-1274	40	30	june	june	PROPN
ajeer-1274	40	31	30	30	NUM
ajeer-1274	40	32	,	,	PUNCT
ajeer-1274	40	33	2019	2019	NUM
ajeer-1274	40	34	.	.	PUNCT
ajeer-1274	41	1	this	this	PRON
ajeer-1274	41	2	calls	call	VERB
ajeer-1274	41	3	for	for	ADP
ajeer-1274	41	4	concern	concern	NOUN
ajeer-1274	41	5	even	even	ADV
ajeer-1274	41	6	as	as	SCONJ
ajeer-1274	41	7	it	it	PRON
ajeer-1274	41	8	has	have	AUX
ajeer-1274	41	9	been	be	AUX
ajeer-1274	41	10	averred	aver	VERB
ajeer-1274	41	11	that	that	SCONJ
ajeer-1274	41	12	much	much	ADJ
ajeer-1274	41	13	of	of	ADP
ajeer-1274	41	14	public	public	ADJ
ajeer-1274	41	15	debt	debt	NOUN
ajeer-1274	41	16	in	in	ADP
ajeer-1274	41	17	nigeria	nigeria	PROPN
ajeer-1274	41	18	have	have	AUX
ajeer-1274	41	19	been	be	AUX
ajeer-1274	41	20	misapplied	misapply	VERB
ajeer-1274	41	21	due	due	ADP
ajeer-1274	41	22	to	to	ADP
ajeer-1274	41	23	indiscipline	indiscipline	NOUN
ajeer-1274	41	24	and	and	CCONJ
ajeer-1274	41	25	thus	thus	ADV
ajeer-1274	41	26	fails	fail	VERB
ajeer-1274	41	27	to	to	PART
ajeer-1274	41	28	yield	yield	VERB
ajeer-1274	41	29	the	the	DET
ajeer-1274	41	30	anticipated	anticipate	VERB
ajeer-1274	41	31	results	result	NOUN
ajeer-1274	41	32	and	and	CCONJ
ajeer-1274	41	33	reasons	reason	NOUN
ajeer-1274	41	34	for	for	ADP
ajeer-1274	41	35	the	the	DET
ajeer-1274	41	36	facility	facility	NOUN
ajeer-1274	41	37	(	(	PUNCT
ajeer-1274	41	38	senibi	senibi	PROPN
ajeer-1274	41	39	et	et	PROPN
ajeer-1274	41	40	al	al	PROPN
ajeer-1274	41	41	.	.	PROPN
ajeer-1274	41	42	,	,	PUNCT
ajeer-1274	41	43	2016	2016	NUM
ajeer-1274	41	44	;	;	PUNCT
ajeer-1274	41	45	rahaj	rahaj	PROPN
ajeer-1274	41	46	,	,	PUNCT
ajeer-1274	41	47	2018	2018	NUM
ajeer-1274	41	48	)	)	PUNCT
ajeer-1274	41	49	.	.	PUNCT
ajeer-1274	42	1	thus	thus	ADV
ajeer-1274	42	2	,	,	PUNCT
ajeer-1274	42	3	making	make	VERB
ajeer-1274	42	4	nigeria	nigeria	PRON
ajeer-1274	42	5	to	to	PART
ajeer-1274	42	6	be	be	AUX
ajeer-1274	42	7	a	a	DET
ajeer-1274	42	8	highly	highly	ADV
ajeer-1274	42	9	indebted	indebted	ADJ
ajeer-1274	42	10	nation	nation	NOUN
ajeer-1274	42	11	with	with	ADP
ajeer-1274	42	12	poor	poor	ADJ
ajeer-1274	42	13	public	public	ADJ
ajeer-1274	42	14	infrastructure	infrastructure	NOUN
ajeer-1274	42	15	,	,	PUNCT
ajeer-1274	42	16	per	per	ADP
ajeer-1274	42	17	capita	capita	NOUN
ajeer-1274	42	18	income	income	NOUN
ajeer-1274	42	19	and	and	CCONJ
ajeer-1274	42	20	national	national	ADJ
ajeer-1274	42	21	productivity	productivity	NOUN
ajeer-1274	42	22	.	.	PUNCT
ajeer-1274	43	1	the	the	DET
ajeer-1274	43	2	exponetial	exponetial	ADJ
ajeer-1274	43	3	increase	increase	NOUN
ajeer-1274	43	4	in	in	ADP
ajeer-1274	43	5	public	public	ADJ
ajeer-1274	43	6	expenditure	expenditure	NOUN
ajeer-1274	43	7	enabled	enable	VERB
ajeer-1274	43	8	by	by	ADP
ajeer-1274	43	9	external	external	ADJ
ajeer-1274	43	10	borrowings	borrowing	NOUN
ajeer-1274	43	11	creates	create	VERB
ajeer-1274	43	12	a	a	DET
ajeer-1274	43	13	huge	huge	ADJ
ajeer-1274	43	14	burden	burden	NOUN
ajeer-1274	43	15	on	on	ADP
ajeer-1274	43	16	the	the	DET
ajeer-1274	43	17	nation	nation	NOUN
ajeer-1274	43	18	.	.	PUNCT
ajeer-1274	44	1	this	this	PRON
ajeer-1274	44	2	is	be	AUX
ajeer-1274	44	3	because	because	SCONJ
ajeer-1274	44	4	the	the	DET
ajeer-1274	44	5	spiraling	spiral	VERB
ajeer-1274	44	6	foreign	foreign	ADJ
ajeer-1274	44	7	debt	debt	NOUN
ajeer-1274	44	8	stock	stock	NOUN
ajeer-1274	44	9	poses	pose	VERB
ajeer-1274	44	10	a	a	DET
ajeer-1274	44	11	huge	huge	ADJ
ajeer-1274	44	12	debt	debt	NOUN
ajeer-1274	44	13	servicing	servicing	NOUN
ajeer-1274	44	14	obligation	obligation	NOUN
ajeer-1274	44	15	which	which	PRON
ajeer-1274	44	16	has	have	AUX
ajeer-1274	44	17	over	over	ADP
ajeer-1274	44	18	the	the	DET
ajeer-1274	44	19	years	year	NOUN
ajeer-1274	44	20	gulped	gulp	VERB
ajeer-1274	44	21	a	a	DET
ajeer-1274	44	22	gigantic	gigantic	ADJ
ajeer-1274	44	23	sum	sum	NOUN
ajeer-1274	44	24	of	of	ADP
ajeer-1274	44	25	the	the	DET
ajeer-1274	44	26	national	national	ADJ
ajeer-1274	44	27	budget	budget	NOUN
ajeer-1274	44	28	;	;	PUNCT
ajeer-1274	44	29	thus	thus	ADV
ajeer-1274	44	30	,	,	PUNCT
ajeer-1274	44	31	impeding	impede	VERB
ajeer-1274	44	32	national	national	ADJ
ajeer-1274	44	33	productivity	productivity	NOUN
ajeer-1274	44	34	possibilities	possibility	NOUN
ajeer-1274	44	35	(	(	PUNCT
ajeer-1274	44	36	johansson	johansson	PROPN
ajeer-1274	44	37	,	,	PUNCT
ajeer-1274	44	38	2010	2010	NUM
ajeer-1274	44	39	)	)	PUNCT
ajeer-1274	44	40	.	.	PUNCT
ajeer-1274	45	1	the	the	DET
ajeer-1274	45	2	repayment	repayment	NOUN
ajeer-1274	45	3	of	of	ADP
ajeer-1274	45	4	the	the	DET
ajeer-1274	45	5	external	external	ADJ
ajeer-1274	45	6	debt	debt	NOUN
ajeer-1274	45	7	stock	stock	NOUN
ajeer-1274	45	8	and	and	CCONJ
ajeer-1274	45	9	interest	interest	NOUN
ajeer-1274	45	10	amount	amount	NOUN
ajeer-1274	45	11	(	(	PUNCT
ajeer-1274	45	12	otherwise	otherwise	ADV
ajeer-1274	45	13	called	call	VERB
ajeer-1274	45	14	debt	debt	NOUN
ajeer-1274	45	15	servicing	servicing	NOUN
ajeer-1274	45	16	)	)	PUNCT
ajeer-1274	45	17	exert	exert	VERB
ajeer-1274	45	18	an	an	DET
ajeer-1274	45	19	enormous	enormous	ADJ
ajeer-1274	45	20	burden	burden	NOUN
ajeer-1274	45	21	on	on	ADP
ajeer-1274	45	22	the	the	DET
ajeer-1274	45	23	internatonal	internatonal	ADJ
ajeer-1274	45	24	reserves	reserve	NOUN
ajeer-1274	45	25	of	of	ADP
ajeer-1274	45	26	a	a	DET
ajeer-1274	45	27	nation	nation	NOUN
ajeer-1274	45	28	due	due	ADP
ajeer-1274	45	29	to	to	ADP
ajeer-1274	45	30	the	the	DET
ajeer-1274	45	31	fact	fact	NOUN
ajeer-1274	45	32	that	that	SCONJ
ajeer-1274	45	33	the	the	DET
ajeer-1274	45	34	repayments	repayment	NOUN
ajeer-1274	45	35	are	be	AUX
ajeer-1274	45	36	made	make	VERB
ajeer-1274	45	37	in	in	ADP
ajeer-1274	45	38	foreign	foreign	ADJ
ajeer-1274	45	39	currency	currency	NOUN
ajeer-1274	45	40	.	.	PUNCT
ajeer-1274	46	1	this	this	PRON
ajeer-1274	46	2	implies	imply	VERB
ajeer-1274	46	3	that	that	SCONJ
ajeer-1274	46	4	external	external	ADJ
ajeer-1274	46	5	settlements	settlement	NOUN
ajeer-1274	46	6	are	be	AUX
ajeer-1274	46	7	sourced	source	VERB
ajeer-1274	46	8	from	from	ADP
ajeer-1274	46	9	the	the	DET
ajeer-1274	46	10	international	international	ADJ
ajeer-1274	46	11	reserves	reserve	NOUN
ajeer-1274	46	12	of	of	ADP
ajeer-1274	46	13	the	the	DET
ajeer-1274	46	14	sovereign	sovereign	ADJ
ajeer-1274	46	15	nation	nation	NOUN
ajeer-1274	46	16	.	.	PUNCT
ajeer-1274	47	1	they	they	PRON
ajeer-1274	47	2	are	be	AUX
ajeer-1274	47	3	also	also	ADV
ajeer-1274	47	4	used	use	VERB
ajeer-1274	47	5	to	to	PART
ajeer-1274	47	6	influence	influence	VERB
ajeer-1274	47	7	the	the	DET
ajeer-1274	47	8	exchange	exchange	NOUN
ajeer-1274	47	9	rate	rate	NOUN
ajeer-1274	47	10	of	of	ADP
ajeer-1274	47	11	the	the	DET
ajeer-1274	47	12	local	local	ADJ
ajeer-1274	47	13	currency	currency	NOUN
ajeer-1274	47	14	.	.	PUNCT
ajeer-1274	48	1	international	international	ADJ
ajeer-1274	48	2	reserves	reserve	NOUN
ajeer-1274	48	3	therefore	therefore	ADV
ajeer-1274	48	4	,	,	PUNCT
ajeer-1274	48	5	serve	serve	VERB
ajeer-1274	48	6	the	the	DET
ajeer-1274	48	7	purpose	purpose	NOUN
ajeer-1274	48	8	of	of	ADP
ajeer-1274	48	9	preserving	preserve	VERB
ajeer-1274	48	10	capital	capital	NOUN
ajeer-1274	48	11	and	and	CCONJ
ajeer-1274	48	12	provision	provision	NOUN
ajeer-1274	48	13	of	of	ADP
ajeer-1274	48	14	liquidity	liquidity	NOUN
ajeer-1274	48	15	to	to	PART
ajeer-1274	48	16	meet	meet	VERB
ajeer-1274	48	17	the	the	DET
ajeer-1274	48	18	foreign	foreign	ADJ
ajeer-1274	48	19	exchange	exchange	NOUN
ajeer-1274	48	20	needs	need	NOUN
ajeer-1274	48	21	of	of	ADP
ajeer-1274	48	22	the	the	DET
ajeer-1274	48	23	people	people	NOUN
ajeer-1274	48	24	(	(	PUNCT
ajeer-1274	48	25	tule	tule	NOUN
ajeer-1274	48	26	et	et	NOUN
ajeer-1274	48	27	al	al	PROPN
ajeer-1274	48	28	.	.	PROPN
ajeer-1274	48	29	,	,	PUNCT
ajeer-1274	48	30	2015	2015	NUM
ajeer-1274	48	31	)	)	PUNCT
ajeer-1274	48	32	.	.	PUNCT
ajeer-1274	49	1	thus	thus	ADV
ajeer-1274	49	2	,	,	PUNCT
ajeer-1274	49	3	further	far	ADV
ajeer-1274	49	4	serving	serve	VERB
ajeer-1274	49	5	as	as	ADP
ajeer-1274	49	6	the	the	DET
ajeer-1274	49	7	store	store	NOUN
ajeer-1274	49	8	of	of	ADP
ajeer-1274	49	9	the	the	DET
ajeer-1274	49	10	international	international	ADJ
ajeer-1274	49	11	value	value	NOUN
ajeer-1274	49	12	of	of	ADP
ajeer-1274	49	13	the	the	DET
ajeer-1274	49	14	national	national	ADJ
ajeer-1274	49	15	currency	currency	NOUN
ajeer-1274	49	16	(	(	PUNCT
ajeer-1274	49	17	ito	ito	PROPN
ajeer-1274	49	18	and	and	CCONJ
ajeer-1274	49	19	mccauley	mccauley	PROPN
ajeer-1274	49	20	,	,	PUNCT
ajeer-1274	49	21	2019	2019	NUM
ajeer-1274	49	22	)	)	PUNCT
ajeer-1274	49	23	and	and	CCONJ
ajeer-1274	49	24	other	other	ADJ
ajeer-1274	49	25	negative	negative	ADJ
ajeer-1274	49	26	external	external	ADJ
ajeer-1274	49	27	shocks	shock	NOUN
ajeer-1274	49	28	on	on	ADP
ajeer-1274	49	29	the	the	DET
ajeer-1274	49	30	economy	economy	NOUN
ajeer-1274	49	31	(	(	PUNCT
ajeer-1274	49	32	espinoza	espinoza	PROPN
ajeer-1274	49	33	and	and	CCONJ
ajeer-1274	49	34	winant	winant	NOUN
ajeer-1274	49	35	,	,	PUNCT
ajeer-1274	49	36	2014	2014	NUM
ajeer-1274	49	37	)	)	PUNCT
ajeer-1274	49	38	.	.	PUNCT
ajeer-1274	50	1	in	in	ADP
ajeer-1274	50	2	fact	fact	NOUN
ajeer-1274	50	3	,	,	PUNCT
ajeer-1274	50	4	it	it	PRON
ajeer-1274	50	5	is	be	AUX
ajeer-1274	50	6	averred	aver	VERB
ajeer-1274	50	7	that	that	SCONJ
ajeer-1274	50	8	international	international	ADJ
ajeer-1274	50	9	reserves	reserve	NOUN
ajeer-1274	50	10	is	be	AUX
ajeer-1274	50	11	a	a	DET
ajeer-1274	50	12	major	major	ADJ
ajeer-1274	50	13	pointer	pointer	NOUN
ajeer-1274	50	14	to	to	ADP
ajeer-1274	50	15	the	the	DET
ajeer-1274	50	16	debtor	debtor	NOUN
ajeer-1274	50	17	nation	nation	NOUN
ajeer-1274	50	18	’s	’s	PART
ajeer-1274	50	19	ability	ability	NOUN
ajeer-1274	50	20	to	to	PART
ajeer-1274	50	21	pay	pay	VERB
ajeer-1274	50	22	back	back	ADP
ajeer-1274	50	23	the	the	DET
ajeer-1274	50	24	principal	principal	ADJ
ajeer-1274	50	25	amount	amount	NOUN
ajeer-1274	50	26	and	and	CCONJ
ajeer-1274	50	27	interest	interest	NOUN
ajeer-1274	50	28	on	on	ADP
ajeer-1274	50	29	the	the	DET
ajeer-1274	50	30	external	external	ADJ
ajeer-1274	50	31	debt	debt	NOUN
ajeer-1274	50	32	(	(	PUNCT
ajeer-1274	50	33	onwuka	onwuka	NOUN
ajeer-1274	50	34	and	and	CCONJ
ajeer-1274	50	35	igwezea	igwezea	NOUN
ajeer-1274	50	36	,	,	PUNCT
ajeer-1274	50	37	2014	2014	NUM
ajeer-1274	50	38	)	)	PUNCT
ajeer-1274	50	39	.	.	PUNCT
ajeer-1274	51	1	although	although	SCONJ
ajeer-1274	51	2	external	external	ADJ
ajeer-1274	51	3	debt	debt	NOUN
ajeer-1274	51	4	could	could	AUX
ajeer-1274	51	5	be	be	AUX
ajeer-1274	51	6	a	a	DET
ajeer-1274	51	7	reproductive	reproductive	ADJ
ajeer-1274	51	8	stimulant	stimulant	NOUN
ajeer-1274	51	9	in	in	ADP
ajeer-1274	51	10	a	a	DET
ajeer-1274	51	11	well	well	ADV
ajeer-1274	51	12	cultured	cultured	ADJ
ajeer-1274	51	13	system	system	NOUN
ajeer-1274	51	14	with	with	ADP
ajeer-1274	51	15	fiscal	fiscal	ADJ
ajeer-1274	51	16	discipline	discipline	NOUN
ajeer-1274	51	17	;	;	PUNCT
ajeer-1274	51	18	however	however	ADV
ajeer-1274	51	19	,	,	PUNCT
ajeer-1274	51	20	this	this	PRON
ajeer-1274	51	21	is	be	AUX
ajeer-1274	51	22	yet	yet	ADV
ajeer-1274	51	23	to	to	PART
ajeer-1274	51	24	be	be	AUX
ajeer-1274	51	25	seen	see	VERB
ajeer-1274	51	26	in	in	ADP
ajeer-1274	51	27	nigeria	nigeria	PROPN
ajeer-1274	51	28	owing	owe	VERB
ajeer-1274	51	29	to	to	ADP
ajeer-1274	51	30	fiscal	fiscal	ADJ
ajeer-1274	51	31	indiscipline	indiscipline	NOUN
ajeer-1274	51	32	and	and	CCONJ
ajeer-1274	51	33	financial	financial	ADJ
ajeer-1274	51	34	corruption	corruption	NOUN
ajeer-1274	51	35	.	.	PUNCT
ajeer-1274	52	1	consequently	consequently	ADV
ajeer-1274	52	2	,	,	PUNCT
ajeer-1274	52	3	the	the	DET
ajeer-1274	52	4	twin	twin	ADJ
ajeer-1274	52	5	attacks	attack	NOUN
ajeer-1274	52	6	on	on	ADP
ajeer-1274	52	7	the	the	DET
ajeer-1274	52	8	international	international	ADJ
ajeer-1274	52	9	reserves	reserve	NOUN
ajeer-1274	52	10	of	of	ADP
ajeer-1274	52	11	the	the	DET
ajeer-1274	52	12	nation	nation	NOUN
ajeer-1274	52	13	via	via	ADP
ajeer-1274	52	14	concormitant	concormitant	ADJ
ajeer-1274	52	15	debt	debt	NOUN
ajeer-1274	52	16	servicing	servicing	NOUN
ajeer-1274	52	17	and	and	CCONJ
ajeer-1274	52	18	foreign	foreign	ADJ
ajeer-1274	52	19	exchange	exchange	NOUN
ajeer-1274	52	20	for	for	ADP
ajeer-1274	52	21	importation	importation	NOUN
ajeer-1274	52	22	stand	stand	NOUN
ajeer-1274	52	23	to	to	PART
ajeer-1274	52	24	drain	drain	VERB
ajeer-1274	52	25	the	the	DET
ajeer-1274	52	26	reserves	reserve	NOUN
ajeer-1274	52	27	without	without	ADP
ajeer-1274	52	28	a	a	DET
ajeer-1274	52	29	corresponding	corresponding	ADJ
ajeer-1274	52	30	increase	increase	NOUN
ajeer-1274	52	31	in	in	ADP
ajeer-1274	52	32	earnings	earning	NOUN
ajeer-1274	52	33	.	.	PUNCT
ajeer-1274	53	1	futher	futher	VERB
ajeer-1274	53	2	to	to	ADP
ajeer-1274	53	3	this	this	PRON
ajeer-1274	53	4	,	,	PUNCT
ajeer-1274	53	5	economic	economic	ADJ
ajeer-1274	53	6	theory	theory	NOUN
ajeer-1274	53	7	holds	hold	VERB
ajeer-1274	53	8	that	that	SCONJ
ajeer-1274	53	9	increasing	increase	VERB
ajeer-1274	53	10	external	external	ADJ
ajeer-1274	53	11	debt	debt	NOUN
ajeer-1274	53	12	exposes	expose	VERB
ajeer-1274	53	13	a	a	DET
ajeer-1274	53	14	nation	nation	NOUN
ajeer-1274	53	15	to	to	ADP
ajeer-1274	53	16	high	high	ADJ
ajeer-1274	53	17	risk	risk	NOUN
ajeer-1274	53	18	and	and	CCONJ
ajeer-1274	53	19	that	that	SCONJ
ajeer-1274	53	20	increasing	increase	VERB
ajeer-1274	53	21	foreign	foreign	ADJ
ajeer-1274	53	22	exchange	exchange	NOUN
ajeer-1274	53	23	reserves	reserve	NOUN
ajeer-1274	53	24	reduces	reduce	VERB
ajeer-1274	53	25	the	the	DET
ajeer-1274	53	26	exposure	exposure	NOUN
ajeer-1274	53	27	level	level	NOUN
ajeer-1274	53	28	of	of	ADP
ajeer-1274	53	29	a	a	DET
ajeer-1274	53	30	nation	nation	NOUN
ajeer-1274	53	31	(	(	PUNCT
ajeer-1274	53	32	mansour	mansour	PROPN
ajeer-1274	53	33	,	,	PUNCT
ajeer-1274	53	34	2013	2013	NUM
ajeer-1274	53	35	)	)	PUNCT
ajeer-1274	53	36	.	.	PUNCT
ajeer-1274	54	1	however	however	ADV
ajeer-1274	54	2	,	,	PUNCT
ajeer-1274	54	3	debt	debt	NOUN
ajeer-1274	54	4	servcing	servcing	NOUN
ajeer-1274	54	5	obligations	obligation	NOUN
ajeer-1274	54	6	stand	stand	VERB
ajeer-1274	54	7	to	to	PART
ajeer-1274	54	8	reduce	reduce	VERB
ajeer-1274	54	9	the	the	DET
ajeer-1274	54	10	international	international	PROPN
ajeer-1274	54	11	reserve	reserve	NOUN
ajeer-1274	54	12	holdings	holding	NOUN
ajeer-1274	54	13	of	of	ADP
ajeer-1274	54	14	the	the	DET
ajeer-1274	54	15	nation	nation	NOUN
ajeer-1274	54	16	.	.	PUNCT
ajeer-1274	55	1	given	give	VERB
ajeer-1274	55	2	the	the	DET
ajeer-1274	55	3	spiraling	spiral	VERB
ajeer-1274	55	4	external	external	ADJ
ajeer-1274	55	5	debt	debt	NOUN
ajeer-1274	55	6	position	position	NOUN
ajeer-1274	55	7	of	of	ADP
ajeer-1274	55	8	the	the	DET
ajeer-1274	55	9	nation	nation	NOUN
ajeer-1274	55	10	;	;	PUNCT
ajeer-1274	55	11	it	it	PRON
ajeer-1274	55	12	is	be	AUX
ajeer-1274	55	13	important	important	ADJ
ajeer-1274	55	14	to	to	PART
ajeer-1274	55	15	understand	understand	VERB
ajeer-1274	55	16	the	the	DET
ajeer-1274	55	17	dynamics	dynamic	NOUN
ajeer-1274	55	18	of	of	ADP
ajeer-1274	55	19	these	these	DET
ajeer-1274	55	20	variables	variable	NOUN
ajeer-1274	55	21	in	in	ADP
ajeer-1274	55	22	nigeria	nigeria	PROPN
ajeer-1274	55	23	.	.	PUNCT
ajeer-1274	56	1	this	this	PRON
ajeer-1274	56	2	tellingly	tellingly	ADV
ajeer-1274	56	3	makes	make	VERB
ajeer-1274	56	4	it	it	PRON
ajeer-1274	56	5	plausible	plausible	ADJ
ajeer-1274	56	6	to	to	PART
ajeer-1274	56	7	use	use	VERB
ajeer-1274	56	8	econometric	econometric	ADJ
ajeer-1274	56	9	techniques	technique	NOUN
ajeer-1274	56	10	to	to	PART
ajeer-1274	56	11	interrogate	interrogate	VERB
ajeer-1274	56	12	the	the	DET
ajeer-1274	56	13	interplay	interplay	NOUN
ajeer-1274	56	14	between	between	ADP
ajeer-1274	56	15	external	external	ADJ
ajeer-1274	56	16	debt	debt	NOUN
ajeer-1274	56	17	stock	stock	NOUN
ajeer-1274	56	18	,	,	PUNCT
ajeer-1274	56	19	debt	debt	NOUN
ajeer-1274	56	20	servicing	servicing	NOUN
ajeer-1274	56	21	and	and	CCONJ
ajeer-1274	56	22	international	international	ADJ
ajeer-1274	56	23	reserves	reserve	NOUN
ajeer-1274	56	24	.	.	PUNCT
ajeer-1274	57	1	this	this	PRON
ajeer-1274	57	2	is	be	AUX
ajeer-1274	57	3	significant	significant	ADJ
ajeer-1274	57	4	on	on	ADP
ajeer-1274	57	5	sundry	sundry	ADJ
ajeer-1274	57	6	levels	level	NOUN
ajeer-1274	57	7	;	;	PUNCT
ajeer-1274	57	8	(	(	PUNCT
ajeer-1274	57	9	1	1	X
ajeer-1274	57	10	)	)	PUNCT
ajeer-1274	57	11	available	available	ADJ
ajeer-1274	57	12	extant	extant	ADJ
ajeer-1274	57	13	studies	study	NOUN
ajeer-1274	57	14	are	be	AUX
ajeer-1274	57	15	scant	scant	ADJ
ajeer-1274	57	16	;	;	PUNCT
ajeer-1274	57	17	(	(	PUNCT
ajeer-1274	57	18	2	2	X
ajeer-1274	57	19	)	)	PUNCT
ajeer-1274	57	20	lately	lately	ADV
ajeer-1274	57	21	due	due	ADJ
ajeer-1274	57	22	to	to	ADP
ajeer-1274	57	23	dwindling	dwindle	VERB
ajeer-1274	57	24	prices	price	NOUN
ajeer-1274	57	25	of	of	ADP
ajeer-1274	57	26	primary	primary	ADJ
ajeer-1274	57	27	commodities	commodity	NOUN
ajeer-1274	57	28	,	,	PUNCT
ajeer-1274	57	29	developing	develop	VERB
ajeer-1274	57	30	nations	nation	NOUN
ajeer-1274	57	31	are	be	AUX
ajeer-1274	57	32	rapt	rapt	ADJ
ajeer-1274	57	33	on	on	ADP
ajeer-1274	57	34	deficit	deficit	NOUN
ajeer-1274	57	35	financing	financing	NOUN
ajeer-1274	57	36	via	via	ADP
ajeer-1274	57	37	external	external	ADJ
ajeer-1274	57	38	debts	debt	NOUN
ajeer-1274	57	39	,	,	PUNCT
ajeer-1274	57	40	thus	thus	ADV
ajeer-1274	57	41	increasing	increase	VERB
ajeer-1274	57	42	the	the	DET
ajeer-1274	57	43	debt	debt	NOUN
ajeer-1274	57	44	servicing	servicing	NOUN
ajeer-1274	57	45	obligation	obligation	NOUN
ajeer-1274	57	46	and	and	CCONJ
ajeer-1274	57	47	depleting	deplete	VERB
ajeer-1274	57	48	the	the	DET
ajeer-1274	57	49	international	international	ADJ
ajeer-1274	57	50	reserves	reserve	NOUN
ajeer-1274	57	51	of	of	ADP
ajeer-1274	57	52	developing	develop	VERB
ajeer-1274	57	53	sovereign	sovereign	ADJ
ajeer-1274	57	54	nations	nation	NOUN
ajeer-1274	57	55	.	.	PUNCT
ajeer-1274	58	1	thus	thus	ADV
ajeer-1274	58	2	,	,	PUNCT
ajeer-1274	58	3	it	it	PRON
ajeer-1274	58	4	is	be	AUX
ajeer-1274	58	5	imperative	imperative	ADJ
ajeer-1274	58	6	to	to	PART
ajeer-1274	58	7	study	study	VERB
ajeer-1274	58	8	this	this	DET
ajeer-1274	58	9	phenomenon	phenomenon	NOUN
ajeer-1274	58	10	and	and	CCONJ
ajeer-1274	58	11	contribute	contribute	VERB
ajeer-1274	58	12	to	to	ADP
ajeer-1274	58	13	the	the	DET
ajeer-1274	58	14	body	body	NOUN
ajeer-1274	58	15	of	of	ADP
ajeer-1274	58	16	knowledge	knowledge	NOUN
ajeer-1274	58	17	on	on	ADP
ajeer-1274	58	18	external	external	ADJ
ajeer-1274	58	19	debt	debt	NOUN
ajeer-1274	58	20	and	and	CCONJ
ajeer-1274	58	21	foreign	foreign	ADJ
ajeer-1274	58	22	exchange	exchange	NOUN
ajeer-1274	58	23	reserves	reserve	NOUN
ajeer-1274	58	24	in	in	ADP
ajeer-1274	58	25	nigeria	nigeria	PROPN
ajeer-1274	58	26	.	.	PUNCT
ajeer-1274	59	1	2	2	X
ajeer-1274	59	2	.	.	X
ajeer-1274	59	3	theoretical	theoretical	ADJ
ajeer-1274	59	4	framework	framework	NOUN
ajeer-1274	59	5	the	the	DET
ajeer-1274	59	6	theoretical	theoretical	ADJ
ajeer-1274	59	7	under	under	ADP
ajeer-1274	59	8	pinning	pinning	NOUN
ajeer-1274	59	9	of	of	ADP
ajeer-1274	59	10	this	this	DET
ajeer-1274	59	11	study	study	NOUN
ajeer-1274	59	12	are	be	AUX
ajeer-1274	59	13	the	the	DET
ajeer-1274	59	14	dual	dual	ADJ
ajeer-1274	59	15	gap	gap	NOUN
ajeer-1274	59	16	theory	theory	NOUN
ajeer-1274	59	17	of	of	ADP
ajeer-1274	59	18	debt	debt	NOUN
ajeer-1274	59	19	and	and	CCONJ
ajeer-1274	59	20	the	the	DET
ajeer-1274	59	21	self	self	NOUN
ajeer-1274	59	22	-	-	PUNCT
ajeer-1274	59	23	insurance	insurance	NOUN
ajeer-1274	59	24	theory	theory	NOUN
ajeer-1274	59	25	of	of	ADP
ajeer-1274	59	26	external	external	ADJ
ajeer-1274	59	27	reserves	reserve	NOUN
ajeer-1274	59	28	.	.	PUNCT
ajeer-1274	60	1	one	one	NUM
ajeer-1274	60	2	common	common	ADJ
ajeer-1274	60	3	attribute	attribute	NOUN
ajeer-1274	60	4	of	of	ADP
ajeer-1274	60	5	developing	develop	VERB
ajeer-1274	60	6	nations	nation	NOUN
ajeer-1274	60	7	is	be	AUX
ajeer-1274	60	8	their	their	PRON
ajeer-1274	60	9	inability	inability	NOUN
ajeer-1274	60	10	to	to	PART
ajeer-1274	60	11	accumulate	accumulate	VERB
ajeer-1274	60	12	aggregate	aggregate	ADJ
ajeer-1274	60	13	savings	saving	NOUN
ajeer-1274	60	14	large	large	ADJ
ajeer-1274	60	15	enough	enough	ADV
ajeer-1274	60	16	for	for	ADP
ajeer-1274	60	17	investment	investment	NOUN
ajeer-1274	60	18	in	in	ADP
ajeer-1274	60	19	public	public	ADJ
ajeer-1274	60	20	works	work	NOUN
ajeer-1274	60	21	and	and	CCONJ
ajeer-1274	60	22	infrastructure	infrastructure	NOUN
ajeer-1274	60	23	that	that	PRON
ajeer-1274	60	24	would	would	AUX
ajeer-1274	60	25	stimulate	stimulate	VERB
ajeer-1274	60	26	capital	capital	NOUN
ajeer-1274	60	27	formation	formation	NOUN
ajeer-1274	60	28	and	and	CCONJ
ajeer-1274	60	29	national	national	ADJ
ajeer-1274	60	30	productivity	productivity	NOUN
ajeer-1274	60	31	.	.	PUNCT
ajeer-1274	61	1	their	their	PRON
ajeer-1274	61	2	inability	inability	NOUN
ajeer-1274	61	3	to	to	PART
ajeer-1274	61	4	enhance	enhance	VERB
ajeer-1274	61	5	aggregate	aggregate	ADJ
ajeer-1274	61	6	investment	investment	NOUN
ajeer-1274	61	7	due	due	ADP
ajeer-1274	61	8	to	to	ADP
ajeer-1274	61	9	low	low	ADJ
ajeer-1274	61	10	aggregate	aggregate	ADJ
ajeer-1274	61	11	savings	saving	NOUN
ajeer-1274	61	12	arising	arise	VERB
ajeer-1274	61	13	from	from	ADP
ajeer-1274	61	14	fiscal	fiscal	ADJ
ajeer-1274	61	15	indiscipline	indiscipline	NOUN
ajeer-1274	61	16	creates	create	VERB
ajeer-1274	61	17	a	a	DET
ajeer-1274	61	18	puzzle	puzzle	NOUN
ajeer-1274	61	19	on	on	ADP
ajeer-1274	61	20	how	how	SCONJ
ajeer-1274	61	21	best	good	ADJ
ajeer-1274	61	22	to	to	PART
ajeer-1274	61	23	raise	raise	VERB
ajeer-1274	61	24	funds	fund	NOUN
ajeer-1274	61	25	for	for	ADP
ajeer-1274	61	26	public	public	ADJ
ajeer-1274	61	27	spending	spending	NOUN
ajeer-1274	61	28	.	.	PUNCT
ajeer-1274	62	1	this	this	PRON
ajeer-1274	62	2	creates	create	VERB
ajeer-1274	62	3	an	an	DET
ajeer-1274	62	4	obvious	obvious	ADJ
ajeer-1274	62	5	gap	gap	NOUN
ajeer-1274	62	6	in	in	ADP
ajeer-1274	62	7	savings	saving	NOUN
ajeer-1274	62	8	and	and	CCONJ
ajeer-1274	62	9	investment	investment	NOUN
ajeer-1274	62	10	which	which	PRON
ajeer-1274	62	11	needs	need	VERB
ajeer-1274	62	12	to	to	PART
ajeer-1274	62	13	be	be	AUX
ajeer-1274	62	14	bridged	bridge	VERB
ajeer-1274	62	15	.	.	PUNCT
ajeer-1274	63	1	in	in	ADP
ajeer-1274	63	2	other	other	ADJ
ajeer-1274	63	3	words	word	NOUN
ajeer-1274	63	4	,	,	PUNCT
ajeer-1274	63	5	the	the	DET
ajeer-1274	63	6	shortfall	shortfall	NOUN
ajeer-1274	63	7	needs	need	VERB
ajeer-1274	63	8	to	to	PART
ajeer-1274	63	9	be	be	AUX
ajeer-1274	63	10	filled	fill	VERB
ajeer-1274	63	11	to	to	PART
ajeer-1274	63	12	increase	increase	VERB
ajeer-1274	63	13	public	public	ADJ
ajeer-1274	63	14	capital	capital	NOUN
ajeer-1274	63	15	.	.	PUNCT
ajeer-1274	64	1	consequent	consequent	ADJ
ajeer-1274	64	2	on	on	ADP
ajeer-1274	64	3	these	these	PRON
ajeer-1274	64	4	,	,	PUNCT
ajeer-1274	64	5	the	the	DET
ajeer-1274	64	6	dual	dual	ADJ
ajeer-1274	64	7	gap	gap	NOUN
ajeer-1274	64	8	theory	theory	NOUN
ajeer-1274	64	9	of	of	ADP
ajeer-1274	64	10	1966	1966	NUM
ajeer-1274	64	11	propagated	propagate	VERB
ajeer-1274	64	12	by	by	ADP
ajeer-1274	64	13	chenery	chenery	NOUN
ajeer-1274	64	14	states	state	NOUN
ajeer-1274	64	15	that	that	SCONJ
ajeer-1274	64	16	lack	lack	NOUN
ajeer-1274	64	17	of	of	ADP
ajeer-1274	64	18	adequate	adequate	ADJ
ajeer-1274	64	19	domestic	domestic	ADJ
ajeer-1274	64	20	asian	asian	ADJ
ajeer-1274	64	21	journal	journal	NOUN
ajeer-1274	64	22	of	of	ADP
ajeer-1274	64	23	economics	economic	NOUN
ajeer-1274	64	24	and	and	CCONJ
ajeer-1274	64	25	empirical	empirical	ADJ
ajeer-1274	64	26	research	research	NOUN
ajeer-1274	64	27	,	,	PUNCT
ajeer-1274	64	28	2020	2020	NUM
ajeer-1274	64	29	,	,	PUNCT
ajeer-1274	64	30	7(1	7(1	NUM
ajeer-1274	64	31	):	):	PUNCT
ajeer-1274	64	32	1	1	NUM
ajeer-1274	64	33	-	-	SYM
ajeer-1274	64	34	7	7	NUM
ajeer-1274	64	35	3	3	NUM
ajeer-1274	64	36	©	©	PROPN
ajeer-1274	64	37	2020	2020	NUM
ajeer-1274	64	38	by	by	ADP
ajeer-1274	64	39	the	the	DET
ajeer-1274	64	40	authors	author	NOUN
ajeer-1274	64	41	;	;	PUNCT
ajeer-1274	64	42	licensee	licensee	PROPN
ajeer-1274	64	43	asian	asian	ADJ
ajeer-1274	64	44	online	online	PROPN
ajeer-1274	64	45	journal	journal	PROPN
ajeer-1274	64	46	publishing	publishing	NOUN
ajeer-1274	64	47	group	group	NOUN
ajeer-1274	64	48	savings	saving	NOUN
ajeer-1274	64	49	creates	create	VERB
ajeer-1274	64	50	a	a	DET
ajeer-1274	64	51	gap	gap	NOUN
ajeer-1274	64	52	,	,	PUNCT
ajeer-1274	64	53	and	and	CCONJ
ajeer-1274	64	54	that	that	SCONJ
ajeer-1274	64	55	the	the	DET
ajeer-1274	64	56	need	need	NOUN
ajeer-1274	64	57	to	to	PART
ajeer-1274	64	58	increase	increase	VERB
ajeer-1274	64	59	aggregate	aggregate	ADJ
ajeer-1274	64	60	public	public	ADJ
ajeer-1274	64	61	spending	spending	NOUN
ajeer-1274	64	62	in	in	ADP
ajeer-1274	64	63	form	form	NOUN
ajeer-1274	64	64	of	of	ADP
ajeer-1274	64	65	investments	investment	NOUN
ajeer-1274	64	66	leads	lead	VERB
ajeer-1274	64	67	to	to	ADP
ajeer-1274	64	68	foreign	foreign	ADJ
ajeer-1274	64	69	borrowings	borrowing	NOUN
ajeer-1274	64	70	(	(	PUNCT
ajeer-1274	64	71	chenery	chenery	NOUN
ajeer-1274	64	72	and	and	CCONJ
ajeer-1274	64	73	strout	strout	PROPN
ajeer-1274	64	74	,	,	PUNCT
ajeer-1274	64	75	1966	1966	NUM
ajeer-1274	64	76	;	;	PUNCT
ajeer-1274	64	77	rahaj	rahaj	PROPN
ajeer-1274	64	78	,	,	PUNCT
ajeer-1274	64	79	2018	2018	NUM
ajeer-1274	64	80	)	)	PUNCT
ajeer-1274	64	81	.	.	PUNCT
ajeer-1274	65	1	self	self	NOUN
ajeer-1274	65	2	-	-	PUNCT
ajeer-1274	65	3	insurance	insurance	NOUN
ajeer-1274	65	4	entails	entail	VERB
ajeer-1274	65	5	setting	set	VERB
ajeer-1274	65	6	aside	aside	ADP
ajeer-1274	65	7	funds	fund	NOUN
ajeer-1274	65	8	in	in	ADP
ajeer-1274	65	9	order	order	NOUN
ajeer-1274	65	10	to	to	PART
ajeer-1274	65	11	mitigate	mitigate	VERB
ajeer-1274	65	12	possible	possible	ADJ
ajeer-1274	65	13	unfortunate	unfortunate	ADJ
ajeer-1274	65	14	circumstances	circumstance	NOUN
ajeer-1274	65	15	.	.	PUNCT
ajeer-1274	66	1	it	it	PRON
ajeer-1274	66	2	simply	simply	ADV
ajeer-1274	66	3	means	mean	VERB
ajeer-1274	66	4	maintaining	maintain	VERB
ajeer-1274	66	5	a	a	DET
ajeer-1274	66	6	buffer	buffer	NOUN
ajeer-1274	66	7	stock	stock	NOUN
ajeer-1274	66	8	to	to	PART
ajeer-1274	66	9	intervene	intervene	VERB
ajeer-1274	66	10	on	on	ADP
ajeer-1274	66	11	external	external	ADJ
ajeer-1274	66	12	shocks	shock	NOUN
ajeer-1274	66	13	.	.	PUNCT
ajeer-1274	67	1	thus	thus	ADV
ajeer-1274	67	2	,	,	PUNCT
ajeer-1274	67	3	the	the	DET
ajeer-1274	67	4	self	self	NOUN
ajeer-1274	67	5	-	-	PUNCT
ajeer-1274	67	6	insurance	insurance	NOUN
ajeer-1274	67	7	theory	theory	NOUN
ajeer-1274	67	8	of	of	ADP
ajeer-1274	67	9	external	external	ADJ
ajeer-1274	67	10	reserves	reserve	NOUN
ajeer-1274	67	11	holds	hold	VERB
ajeer-1274	67	12	that	that	SCONJ
ajeer-1274	67	13	nations	nation	NOUN
ajeer-1274	67	14	should	should	AUX
ajeer-1274	67	15	accumulate	accumulate	VERB
ajeer-1274	67	16	international	international	ADJ
ajeer-1274	67	17	reserves	reserve	NOUN
ajeer-1274	67	18	in	in	ADP
ajeer-1274	67	19	the	the	DET
ajeer-1274	67	20	form	form	NOUN
ajeer-1274	67	21	of	of	ADP
ajeer-1274	67	22	hard	hard	ADJ
ajeer-1274	67	23	foreign	foreign	ADJ
ajeer-1274	67	24	currency	currency	NOUN
ajeer-1274	67	25	,	,	PUNCT
ajeer-1274	67	26	bank	bank	NOUN
ajeer-1274	67	27	deposits	deposit	NOUN
ajeer-1274	67	28	,	,	PUNCT
ajeer-1274	67	29	near	near	ADP
ajeer-1274	67	30	money	money	NOUN
ajeer-1274	67	31	instruments	instrument	NOUN
ajeer-1274	67	32	in	in	ADP
ajeer-1274	67	33	foreign	foreign	ADJ
ajeer-1274	67	34	denominations	denomination	NOUN
ajeer-1274	67	35	like	like	ADP
ajeer-1274	67	36	treasury	treasury	NOUN
ajeer-1274	67	37	bills	bill	NOUN
ajeer-1274	67	38	and	and	CCONJ
ajeer-1274	67	39	certificates	certificate	NOUN
ajeer-1274	67	40	,	,	PUNCT
ajeer-1274	67	41	gold	gold	NOUN
ajeer-1274	67	42	holdings	holding	NOUN
ajeer-1274	67	43	and	and	CCONJ
ajeer-1274	67	44	special	special	ADJ
ajeer-1274	67	45	drawing	drawing	NOUN
ajeer-1274	67	46	rights	right	NOUN
ajeer-1274	67	47	.	.	PUNCT
ajeer-1274	68	1	the	the	DET
ajeer-1274	68	2	theory	theory	NOUN
ajeer-1274	68	3	posit	posit	VERB
ajeer-1274	68	4	that	that	SCONJ
ajeer-1274	68	5	this	this	PRON
ajeer-1274	68	6	would	would	AUX
ajeer-1274	68	7	help	help	VERB
ajeer-1274	68	8	the	the	DET
ajeer-1274	68	9	country	country	NOUN
ajeer-1274	68	10	to	to	PART
ajeer-1274	68	11	mitigate	mitigate	VERB
ajeer-1274	68	12	external	external	ADJ
ajeer-1274	68	13	shocks	shock	NOUN
ajeer-1274	68	14	and	and	CCONJ
ajeer-1274	68	15	serve	serve	VERB
ajeer-1274	68	16	as	as	ADP
ajeer-1274	68	17	a	a	DET
ajeer-1274	68	18	buffer	buffer	NOUN
ajeer-1274	68	19	stock	stock	NOUN
ajeer-1274	68	20	to	to	PART
ajeer-1274	68	21	intervene	intervene	VERB
ajeer-1274	68	22	on	on	ADP
ajeer-1274	68	23	the	the	DET
ajeer-1274	68	24	foreign	foreign	ADJ
ajeer-1274	68	25	exchange	exchange	NOUN
ajeer-1274	68	26	rate	rate	NOUN
ajeer-1274	68	27	of	of	ADP
ajeer-1274	68	28	a	a	DET
ajeer-1274	68	29	country	country	NOUN
ajeer-1274	68	30	(	(	PUNCT
ajeer-1274	68	31	akamobi	akamobi	NOUN
ajeer-1274	68	32	and	and	CCONJ
ajeer-1274	68	33	ugwunna	ugwunna	ADJ
ajeer-1274	68	34	,	,	PUNCT
ajeer-1274	68	35	2017	2017	NUM
ajeer-1274	68	36	)	)	PUNCT
ajeer-1274	68	37	.	.	PUNCT
ajeer-1274	69	1	thus	thus	ADV
ajeer-1274	69	2	,	,	PUNCT
ajeer-1274	69	3	the	the	DET
ajeer-1274	69	4	theory	theory	NOUN
ajeer-1274	69	5	holds	hold	VERB
ajeer-1274	69	6	that	that	SCONJ
ajeer-1274	69	7	reserve	reserve	NOUN
ajeer-1274	69	8	accumulation	accumulation	NOUN
ajeer-1274	69	9	help	help	NOUN
ajeer-1274	69	10	ensure	ensure	VERB
ajeer-1274	69	11	that	that	SCONJ
ajeer-1274	69	12	the	the	DET
ajeer-1274	69	13	price	price	NOUN
ajeer-1274	69	14	of	of	ADP
ajeer-1274	69	15	foreign	foreign	NOUN
ajeer-1274	69	16	to	to	ADP
ajeer-1274	69	17	that	that	PRON
ajeer-1274	69	18	of	of	ADP
ajeer-1274	69	19	the	the	DET
ajeer-1274	69	20	local	local	ADJ
ajeer-1274	69	21	currency	currency	NOUN
ajeer-1274	69	22	other	other	ADJ
ajeer-1274	69	23	time	time	NOUN
ajeer-1274	69	24	is	be	AUX
ajeer-1274	69	25	stable	stable	ADJ
ajeer-1274	69	26	.	.	PUNCT
ajeer-1274	70	1	3	3	X
ajeer-1274	70	2	.	.	X
ajeer-1274	70	3	review	review	NOUN
ajeer-1274	70	4	of	of	ADP
ajeer-1274	70	5	related	related	ADJ
ajeer-1274	70	6	empirical	empirical	ADJ
ajeer-1274	70	7	studies	study	NOUN
ajeer-1274	70	8	several	several	ADJ
ajeer-1274	70	9	empirical	empirical	ADJ
ajeer-1274	70	10	studies	study	NOUN
ajeer-1274	70	11	have	have	AUX
ajeer-1274	70	12	been	be	AUX
ajeer-1274	70	13	carried	carry	VERB
ajeer-1274	70	14	out	out	ADP
ajeer-1274	70	15	on	on	ADP
ajeer-1274	70	16	external	external	ADJ
ajeer-1274	70	17	debt	debt	NOUN
ajeer-1274	70	18	and	and	CCONJ
ajeer-1274	70	19	foerign	foerign	NOUN
ajeer-1274	70	20	exchange	exchange	NOUN
ajeer-1274	70	21	reserves	reserve	NOUN
ajeer-1274	70	22	.	.	PUNCT
ajeer-1274	71	1	however	however	ADV
ajeer-1274	71	2	,	,	PUNCT
ajeer-1274	71	3	there	there	PRON
ajeer-1274	71	4	are	be	VERB
ajeer-1274	71	5	scant	scant	ADJ
ajeer-1274	71	6	studies	study	NOUN
ajeer-1274	71	7	on	on	ADP
ajeer-1274	71	8	external	external	ADJ
ajeer-1274	71	9	debt	debt	NOUN
ajeer-1274	71	10	and	and	CCONJ
ajeer-1274	71	11	foreign	foreign	ADJ
ajeer-1274	71	12	exchange	exchange	NOUN
ajeer-1274	71	13	reserves	reserve	NOUN
ajeer-1274	71	14	in	in	ADP
ajeer-1274	71	15	nigeria	nigeria	PROPN
ajeer-1274	71	16	.	.	PUNCT
ajeer-1274	72	1	this	this	DET
ajeer-1274	72	2	section	section	NOUN
ajeer-1274	72	3	presents	present	VERB
ajeer-1274	72	4	review	review	NOUN
ajeer-1274	72	5	of	of	ADP
ajeer-1274	72	6	related	related	ADJ
ajeer-1274	72	7	empirical	empirical	ADJ
ajeer-1274	72	8	studies	study	NOUN
ajeer-1274	72	9	on	on	ADP
ajeer-1274	72	10	the	the	DET
ajeer-1274	72	11	major	major	ADJ
ajeer-1274	72	12	parameters	parameter	NOUN
ajeer-1274	72	13	of	of	ADP
ajeer-1274	72	14	the	the	DET
ajeer-1274	72	15	study	study	NOUN
ajeer-1274	72	16	.	.	PUNCT
ajeer-1274	73	1	nwachukwu	nwachukwu	PROPN
ajeer-1274	73	2	et	et	PROPN
ajeer-1274	73	3	al	al	PROPN
ajeer-1274	73	4	.	.	PUNCT
ajeer-1274	74	1	(	(	PUNCT
ajeer-1274	74	2	2016	2016	NUM
ajeer-1274	74	3	)	)	PUNCT
ajeer-1274	74	4	examined	examine	VERB
ajeer-1274	74	5	the	the	DET
ajeer-1274	74	6	impact	impact	NOUN
ajeer-1274	74	7	of	of	ADP
ajeer-1274	74	8	exchange	exchange	NOUN
ajeer-1274	74	9	rate	rate	NOUN
ajeer-1274	74	10	on	on	ADP
ajeer-1274	74	11	nigeria	nigeria	PROPN
ajeer-1274	74	12	’s	’s	PART
ajeer-1274	74	13	international	international	ADJ
ajeer-1274	74	14	reserves	reserve	NOUN
ajeer-1274	74	15	using	use	VERB
ajeer-1274	74	16	daily	daily	ADJ
ajeer-1274	74	17	data	datum	NOUN
ajeer-1274	74	18	spanning	span	VERB
ajeer-1274	74	19	2014	2014	NUM
ajeer-1274	74	20	to	to	ADP
ajeer-1274	74	21	2015	2015	NUM
ajeer-1274	74	22	.	.	PUNCT
ajeer-1274	75	1	the	the	DET
ajeer-1274	75	2	data	datum	NOUN
ajeer-1274	75	3	was	be	AUX
ajeer-1274	75	4	estimated	estimate	VERB
ajeer-1274	75	5	using	use	VERB
ajeer-1274	75	6	the	the	DET
ajeer-1274	75	7	threshold	threshold	NOUN
ajeer-1274	75	8	vector	vector	NOUN
ajeer-1274	75	9	error	error	NOUN
ajeer-1274	75	10	correction	correction	NOUN
ajeer-1274	75	11	technique	technique	NOUN
ajeer-1274	75	12	.	.	PUNCT
ajeer-1274	76	1	the	the	DET
ajeer-1274	76	2	results	result	NOUN
ajeer-1274	76	3	indicate	indicate	VERB
ajeer-1274	76	4	that	that	SCONJ
ajeer-1274	76	5	the	the	DET
ajeer-1274	76	6	coefficient	coefficient	NOUN
ajeer-1274	76	7	of	of	ADP
ajeer-1274	76	8	the	the	DET
ajeer-1274	76	9	error	error	NOUN
ajeer-1274	76	10	correction	correction	NOUN
ajeer-1274	76	11	term	term	NOUN
ajeer-1274	76	12	was	be	AUX
ajeer-1274	76	13	statistically	statistically	ADV
ajeer-1274	76	14	insignificant	insignificant	ADJ
ajeer-1274	76	15	.	.	PUNCT
ajeer-1274	77	1	the	the	DET
ajeer-1274	77	2	results	result	NOUN
ajeer-1274	77	3	further	far	ADV
ajeer-1274	77	4	indicate	indicate	VERB
ajeer-1274	77	5	that	that	SCONJ
ajeer-1274	77	6	the	the	DET
ajeer-1274	77	7	adjustment	adjustment	NOUN
ajeer-1274	77	8	flow	flow	NOUN
ajeer-1274	77	9	in	in	ADP
ajeer-1274	77	10	the	the	DET
ajeer-1274	77	11	variables	variable	NOUN
ajeer-1274	77	12	flow	flow	NOUN
ajeer-1274	77	13	from	from	ADP
ajeer-1274	77	14	international	international	ADJ
ajeer-1274	77	15	reserves	reserve	NOUN
ajeer-1274	77	16	to	to	PART
ajeer-1274	77	17	exchange	exchange	VERB
ajeer-1274	77	18	rate	rate	NOUN
ajeer-1274	77	19	in	in	ADP
ajeer-1274	77	20	nigeria	nigeria	PROPN
ajeer-1274	77	21	.	.	PUNCT
ajeer-1274	78	1	saheed	sahee	VERB
ajeer-1274	78	2	et	et	PROPN
ajeer-1274	78	3	al	al	PROPN
ajeer-1274	78	4	.	.	PROPN
ajeer-1274	79	1	(	(	PUNCT
ajeer-1274	79	2	2015	2015	NUM
ajeer-1274	79	3	)	)	PUNCT
ajeer-1274	79	4	examined	examine	VERB
ajeer-1274	79	5	the	the	DET
ajeer-1274	79	6	effect	effect	NOUN
ajeer-1274	79	7	external	external	ADJ
ajeer-1274	79	8	debt	debt	NOUN
ajeer-1274	79	9	has	have	VERB
ajeer-1274	79	10	on	on	ADP
ajeer-1274	79	11	foreign	foreign	ADJ
ajeer-1274	79	12	exchange	exchange	NOUN
ajeer-1274	79	13	rate	rate	NOUN
ajeer-1274	79	14	in	in	ADP
ajeer-1274	79	15	nigeria	nigeria	PROPN
ajeer-1274	79	16	.	.	PUNCT
ajeer-1274	80	1	the	the	DET
ajeer-1274	80	2	study	study	NOUN
ajeer-1274	80	3	used	use	VERB
ajeer-1274	80	4	foreign	foreign	ADJ
ajeer-1274	80	5	debt	debt	NOUN
ajeer-1274	80	6	stock	stock	NOUN
ajeer-1274	80	7	,	,	PUNCT
ajeer-1274	80	8	debt	debt	NOUN
ajeer-1274	80	9	service	service	NOUN
ajeer-1274	80	10	payment	payment	NOUN
ajeer-1274	80	11	and	and	CCONJ
ajeer-1274	80	12	foreign	foreign	ADJ
ajeer-1274	80	13	reserves	reserve	NOUN
ajeer-1274	80	14	as	as	ADP
ajeer-1274	80	15	the	the	DET
ajeer-1274	80	16	explanatory	explanatory	ADJ
ajeer-1274	80	17	variables	variable	NOUN
ajeer-1274	80	18	,	,	PUNCT
ajeer-1274	80	19	while	while	SCONJ
ajeer-1274	80	20	foreign	foreign	ADJ
ajeer-1274	80	21	exchange	exchange	NOUN
ajeer-1274	80	22	rate	rate	NOUN
ajeer-1274	80	23	was	be	AUX
ajeer-1274	80	24	used	use	VERB
ajeer-1274	80	25	as	as	ADP
ajeer-1274	80	26	the	the	DET
ajeer-1274	80	27	explained	explain	VERB
ajeer-1274	80	28	variable	variable	NOUN
ajeer-1274	80	29	otherwise	otherwise	ADV
ajeer-1274	80	30	known	know	VERB
ajeer-1274	80	31	as	as	ADP
ajeer-1274	80	32	the	the	DET
ajeer-1274	80	33	dependent	dependent	ADJ
ajeer-1274	80	34	variable	variable	NOUN
ajeer-1274	80	35	.	.	PUNCT
ajeer-1274	81	1	time	time	PROPN
ajeer-1274	81	2	series	series	PROPN
ajeer-1274	81	3	data	data	PROPN
ajeer-1274	81	4	was	be	AUX
ajeer-1274	81	5	collated	collate	VERB
ajeer-1274	81	6	and	and	CCONJ
ajeer-1274	81	7	estimated	estimate	VERB
ajeer-1274	81	8	employing	employ	VERB
ajeer-1274	81	9	the	the	DET
ajeer-1274	81	10	ordinary	ordinary	ADJ
ajeer-1274	81	11	least	least	ADJ
ajeer-1274	81	12	square	square	ADJ
ajeer-1274	81	13	technique	technique	NOUN
ajeer-1274	81	14	.	.	PUNCT
ajeer-1274	82	1	the	the	DET
ajeer-1274	82	2	results	result	NOUN
ajeer-1274	82	3	show	show	VERB
ajeer-1274	82	4	that	that	SCONJ
ajeer-1274	82	5	all	all	DET
ajeer-1274	82	6	the	the	DET
ajeer-1274	82	7	explanatory	explanatory	ADJ
ajeer-1274	82	8	variables	variable	NOUN
ajeer-1274	82	9	have	have	VERB
ajeer-1274	82	10	statistically	statistically	ADV
ajeer-1274	82	11	significant	significant	ADJ
ajeer-1274	82	12	impact	impact	NOUN
ajeer-1274	82	13	on	on	ADP
ajeer-1274	82	14	foreign	foreign	ADJ
ajeer-1274	82	15	exchange	exchange	NOUN
ajeer-1274	82	16	rate	rate	NOUN
ajeer-1274	82	17	in	in	ADP
ajeer-1274	82	18	nigeria	nigeria	PROPN
ajeer-1274	82	19	.	.	PUNCT
ajeer-1274	83	1	senibi	senibi	PROPN
ajeer-1274	83	2	et	et	PROPN
ajeer-1274	83	3	al	al	PROPN
ajeer-1274	83	4	.	.	PUNCT
ajeer-1274	84	1	(	(	PUNCT
ajeer-1274	84	2	2016	2016	NUM
ajeer-1274	84	3	)	)	PUNCT
ajeer-1274	84	4	investigated	investigate	VERB
ajeer-1274	84	5	the	the	DET
ajeer-1274	84	6	impact	impact	NOUN
ajeer-1274	84	7	of	of	ADP
ajeer-1274	84	8	public	public	ADJ
ajeer-1274	84	9	debt	debt	NOUN
ajeer-1274	84	10	on	on	ADP
ajeer-1274	84	11	foreign	foreign	ADJ
ajeer-1274	84	12	exchange	exchange	NOUN
ajeer-1274	84	13	reserves	reserve	NOUN
ajeer-1274	84	14	in	in	ADP
ajeer-1274	84	15	nigeria	nigeria	PROPN
ajeer-1274	84	16	.	.	PUNCT
ajeer-1274	85	1	historical	historical	ADJ
ajeer-1274	85	2	data	datum	NOUN
ajeer-1274	85	3	spanning	span	VERB
ajeer-1274	85	4	1981	1981	NUM
ajeer-1274	85	5	to	to	ADP
ajeer-1274	85	6	2013	2013	NUM
ajeer-1274	85	7	was	be	AUX
ajeer-1274	85	8	collated	collate	VERB
ajeer-1274	85	9	and	and	CCONJ
ajeer-1274	85	10	analyzed	analyze	VERB
ajeer-1274	85	11	using	use	VERB
ajeer-1274	85	12	fully	fully	ADV
ajeer-1274	85	13	modified	modify	VERB
ajeer-1274	85	14	ordinary	ordinary	ADJ
ajeer-1274	85	15	least	least	ADJ
ajeer-1274	85	16	square	square	ADJ
ajeer-1274	85	17	method	method	NOUN
ajeer-1274	85	18	of	of	ADP
ajeer-1274	85	19	estimation	estimation	NOUN
ajeer-1274	85	20	.	.	PUNCT
ajeer-1274	86	1	the	the	DET
ajeer-1274	86	2	estimates	estimate	NOUN
ajeer-1274	86	3	indicate	indicate	VERB
ajeer-1274	86	4	that	that	SCONJ
ajeer-1274	86	5	public	public	ADJ
ajeer-1274	86	6	debt	debt	NOUN
ajeer-1274	86	7	has	have	VERB
ajeer-1274	86	8	a	a	DET
ajeer-1274	86	9	positive	positive	ADJ
ajeer-1274	86	10	statistical	statistical	ADJ
ajeer-1274	86	11	impact	impact	NOUN
ajeer-1274	86	12	on	on	ADP
ajeer-1274	86	13	foreign	foreign	ADJ
ajeer-1274	86	14	exchange	exchange	NOUN
ajeer-1274	86	15	reserves	reserve	NOUN
ajeer-1274	86	16	in	in	ADP
ajeer-1274	86	17	nigeria	nigeria	PROPN
ajeer-1274	86	18	.	.	PUNCT
ajeer-1274	87	1	onwuka	onwuka	PROPN
ajeer-1274	87	2	and	and	CCONJ
ajeer-1274	87	3	igwezea	igwezea	NOUN
ajeer-1274	87	4	(	(	PUNCT
ajeer-1274	87	5	2014	2014	NUM
ajeer-1274	87	6	)	)	PUNCT
ajeer-1274	87	7	studied	study	VERB
ajeer-1274	87	8	the	the	DET
ajeer-1274	87	9	impact	impact	NOUN
ajeer-1274	87	10	of	of	ADP
ajeer-1274	87	11	external	external	ADJ
ajeer-1274	87	12	reserves	reserve	NOUN
ajeer-1274	87	13	and	and	CCONJ
ajeer-1274	87	14	external	external	ADJ
ajeer-1274	87	15	debt	debt	NOUN
ajeer-1274	87	16	on	on	ADP
ajeer-1274	87	17	nigeria	nigeria	PROPN
ajeer-1274	87	18	’s	’s	PART
ajeer-1274	87	19	exchange	exchange	NOUN
ajeer-1274	87	20	rate	rate	NOUN
ajeer-1274	87	21	to	to	ADP
ajeer-1274	87	22	the	the	DET
ajeer-1274	87	23	united	united	PROPN
ajeer-1274	87	24	state	state	PROPN
ajeer-1274	87	25	dollar	dollar	NOUN
ajeer-1274	87	26	.	.	PUNCT
ajeer-1274	88	1	to	to	PART
ajeer-1274	88	2	achieve	achieve	VERB
ajeer-1274	88	3	this	this	PRON
ajeer-1274	88	4	,	,	PUNCT
ajeer-1274	88	5	the	the	DET
ajeer-1274	88	6	study	study	NOUN
ajeer-1274	88	7	assumed	assume	VERB
ajeer-1274	88	8	that	that	SCONJ
ajeer-1274	88	9	exchange	exchange	NOUN
ajeer-1274	88	10	rate	rate	NOUN
ajeer-1274	88	11	is	be	AUX
ajeer-1274	88	12	a	a	DET
ajeer-1274	88	13	function	function	NOUN
ajeer-1274	88	14	of	of	ADP
ajeer-1274	88	15	external	external	ADJ
ajeer-1274	88	16	reserves	reserve	NOUN
ajeer-1274	88	17	and	and	CCONJ
ajeer-1274	88	18	external	external	ADJ
ajeer-1274	88	19	debt	debt	NOUN
ajeer-1274	88	20	in	in	ADP
ajeer-1274	88	21	nigeria	nigeria	PROPN
ajeer-1274	88	22	.	.	PUNCT
ajeer-1274	89	1	time	time	PROPN
ajeer-1274	89	2	series	series	PROPN
ajeer-1274	89	3	data	datum	NOUN
ajeer-1274	89	4	spanning	span	VERB
ajeer-1274	89	5	1981	1981	NUM
ajeer-1274	89	6	to	to	ADP
ajeer-1274	89	7	2010	2010	NUM
ajeer-1274	89	8	was	be	AUX
ajeer-1274	89	9	collated	collate	VERB
ajeer-1274	89	10	.	.	PUNCT
ajeer-1274	90	1	a	a	DET
ajeer-1274	90	2	multiple	multiple	ADJ
ajeer-1274	90	3	regression	regression	NOUN
ajeer-1274	90	4	model	model	NOUN
ajeer-1274	90	5	was	be	AUX
ajeer-1274	90	6	built	build	VERB
ajeer-1274	90	7	and	and	CCONJ
ajeer-1274	90	8	estimated	estimate	VERB
ajeer-1274	90	9	using	use	VERB
ajeer-1274	90	10	the	the	DET
ajeer-1274	90	11	ordinary	ordinary	ADJ
ajeer-1274	90	12	least	least	ADJ
ajeer-1274	90	13	square	square	ADJ
ajeer-1274	90	14	technique	technique	NOUN
ajeer-1274	90	15	.	.	PUNCT
ajeer-1274	91	1	the	the	DET
ajeer-1274	91	2	results	result	NOUN
ajeer-1274	91	3	indicate	indicate	VERB
ajeer-1274	91	4	the	the	DET
ajeer-1274	91	5	existence	existence	NOUN
ajeer-1274	91	6	of	of	ADP
ajeer-1274	91	7	a	a	DET
ajeer-1274	91	8	positive	positive	ADJ
ajeer-1274	91	9	nexus	nexus	NOUN
ajeer-1274	91	10	between	between	ADP
ajeer-1274	91	11	foreign	foreign	ADJ
ajeer-1274	91	12	reserves	reserve	NOUN
ajeer-1274	91	13	and	and	CCONJ
ajeer-1274	91	14	external	external	ADJ
ajeer-1274	91	15	debt	debt	NOUN
ajeer-1274	91	16	on	on	ADP
ajeer-1274	91	17	foreign	foreign	ADJ
ajeer-1274	91	18	exchange	exchange	NOUN
ajeer-1274	91	19	rate	rate	NOUN
ajeer-1274	91	20	in	in	ADP
ajeer-1274	91	21	nigeria	nigeria	PROPN
ajeer-1274	91	22	.	.	PUNCT
ajeer-1274	92	1	ugwuegbe	ugwuegbe	PROPN
ajeer-1274	92	2	et	et	PROPN
ajeer-1274	92	3	al	al	PROPN
ajeer-1274	92	4	.	.	PUNCT
ajeer-1274	93	1	(	(	PUNCT
ajeer-1274	93	2	2016	2016	NUM
ajeer-1274	93	3	)	)	PUNCT
ajeer-1274	93	4	investigated	investigate	VERB
ajeer-1274	93	5	the	the	DET
ajeer-1274	93	6	impact	impact	NOUN
ajeer-1274	93	7	of	of	ADP
ajeer-1274	93	8	foreign	foreign	ADJ
ajeer-1274	93	9	debt	debt	NOUN
ajeer-1274	93	10	and	and	CCONJ
ajeer-1274	93	11	foreign	foreign	ADJ
ajeer-1274	93	12	grant	grant	NOUN
ajeer-1274	93	13	on	on	ADP
ajeer-1274	93	14	economic	economic	ADJ
ajeer-1274	93	15	growth	growth	NOUN
ajeer-1274	93	16	in	in	ADP
ajeer-1274	93	17	nigeria	nigeria	PROPN
ajeer-1274	93	18	,	,	PUNCT
ajeer-1274	93	19	using	use	VERB
ajeer-1274	93	20	time	time	NOUN
ajeer-1274	93	21	series	series	PROPN
ajeer-1274	93	22	data	datum	NOUN
ajeer-1274	93	23	spanning	span	VERB
ajeer-1274	93	24	1980	1980	NUM
ajeer-1274	93	25	to	to	ADP
ajeer-1274	93	26	2013	2013	NUM
ajeer-1274	93	27	.	.	PUNCT
ajeer-1274	94	1	the	the	DET
ajeer-1274	94	2	data	datum	NOUN
ajeer-1274	94	3	was	be	AUX
ajeer-1274	94	4	estimated	estimate	VERB
ajeer-1274	94	5	using	use	VERB
ajeer-1274	94	6	the	the	DET
ajeer-1274	94	7	error	error	NOUN
ajeer-1274	94	8	correction	correction	NOUN
ajeer-1274	94	9	technique	technique	NOUN
ajeer-1274	94	10	following	follow	VERB
ajeer-1274	94	11	the	the	DET
ajeer-1274	94	12	least	least	ADJ
ajeer-1274	94	13	square	square	ADJ
ajeer-1274	94	14	technique	technique	NOUN
ajeer-1274	94	15	.	.	PUNCT
ajeer-1274	95	1	the	the	DET
ajeer-1274	95	2	empirical	empirical	ADJ
ajeer-1274	95	3	results	result	NOUN
ajeer-1274	95	4	indicate	indicate	VERB
ajeer-1274	95	5	the	the	DET
ajeer-1274	95	6	existence	existence	NOUN
ajeer-1274	95	7	of	of	ADP
ajeer-1274	95	8	a	a	DET
ajeer-1274	95	9	significant	significant	ADJ
ajeer-1274	95	10	linear	linear	NOUN
ajeer-1274	95	11	nexus	nexus	NOUN
ajeer-1274	95	12	between	between	ADP
ajeer-1274	95	13	external	external	ADJ
ajeer-1274	95	14	debt	debt	NOUN
ajeer-1274	95	15	and	and	CCONJ
ajeer-1274	95	16	national	national	ADJ
ajeer-1274	95	17	output	output	NOUN
ajeer-1274	95	18	.	.	PUNCT
ajeer-1274	96	1	results	result	NOUN
ajeer-1274	96	2	further	far	ADV
ajeer-1274	96	3	show	show	VERB
ajeer-1274	96	4	that	that	SCONJ
ajeer-1274	96	5	foreign	foreign	ADJ
ajeer-1274	96	6	grant	grant	NOUN
ajeer-1274	96	7	exert	exert	VERB
ajeer-1274	96	8	a	a	DET
ajeer-1274	96	9	positive	positive	ADJ
ajeer-1274	96	10	impact	impact	NOUN
ajeer-1274	96	11	on	on	ADP
ajeer-1274	96	12	economic	economic	ADJ
ajeer-1274	96	13	growth	growth	NOUN
ajeer-1274	96	14	at	at	ADP
ajeer-1274	96	15	an	an	DET
ajeer-1274	96	16	insignificant	insignificant	ADJ
ajeer-1274	96	17	rate	rate	NOUN
ajeer-1274	96	18	.	.	PUNCT
ajeer-1274	97	1	akpan	akpan	PROPN
ajeer-1274	97	2	(	(	PUNCT
ajeer-1274	97	3	2016	2016	NUM
ajeer-1274	97	4	)	)	PUNCT
ajeer-1274	97	5	examined	examine	VERB
ajeer-1274	97	6	the	the	DET
ajeer-1274	97	7	impact	impact	NOUN
ajeer-1274	97	8	of	of	ADP
ajeer-1274	97	9	international	international	ADJ
ajeer-1274	97	10	reserves	reserve	NOUN
ajeer-1274	97	11	of	of	ADP
ajeer-1274	97	12	nigeria	nigeria	PROPN
ajeer-1274	97	13	on	on	ADP
ajeer-1274	97	14	gross	gross	ADJ
ajeer-1274	97	15	domestic	domestic	ADJ
ajeer-1274	97	16	product	product	NOUN
ajeer-1274	97	17	,	,	PUNCT
ajeer-1274	97	18	inflation	inflation	NOUN
ajeer-1274	97	19	,	,	PUNCT
ajeer-1274	97	20	forex	forex	NOUN
ajeer-1274	97	21	,	,	PUNCT
ajeer-1274	97	22	unemployment	unemployment	NOUN
ajeer-1274	97	23	,	,	PUNCT
ajeer-1274	97	24	investment	investment	NOUN
ajeer-1274	97	25	,	,	PUNCT
ajeer-1274	97	26	foreign	foreign	ADJ
ajeer-1274	97	27	public	public	ADJ
ajeer-1274	97	28	debt	debt	NOUN
ajeer-1274	97	29	and	and	CCONJ
ajeer-1274	97	30	total	total	ADJ
ajeer-1274	97	31	trade	trade	NOUN
ajeer-1274	97	32	.	.	PUNCT
ajeer-1274	98	1	time	time	PROPN
ajeer-1274	98	2	series	series	PROPN
ajeer-1274	98	3	data	datum	NOUN
ajeer-1274	98	4	spanning	span	VERB
ajeer-1274	98	5	2004	2004	NUM
ajeer-1274	98	6	to	to	ADP
ajeer-1274	98	7	2010	2010	NUM
ajeer-1274	98	8	was	be	AUX
ajeer-1274	98	9	collated	collate	VERB
ajeer-1274	98	10	for	for	ADP
ajeer-1274	98	11	the	the	DET
ajeer-1274	98	12	analyses	analysis	NOUN
ajeer-1274	98	13	and	and	CCONJ
ajeer-1274	98	14	estimation	estimation	NOUN
ajeer-1274	98	15	.	.	PUNCT
ajeer-1274	99	1	the	the	DET
ajeer-1274	99	2	study	study	NOUN
ajeer-1274	99	3	employed	employ	VERB
ajeer-1274	99	4	the	the	DET
ajeer-1274	99	5	least	least	ADJ
ajeer-1274	99	6	square	square	ADJ
ajeer-1274	99	7	technique	technique	NOUN
ajeer-1274	99	8	for	for	ADP
ajeer-1274	99	9	the	the	DET
ajeer-1274	99	10	estimation	estimation	NOUN
ajeer-1274	99	11	.	.	PUNCT
ajeer-1274	100	1	the	the	DET
ajeer-1274	100	2	results	result	NOUN
ajeer-1274	100	3	indicate	indicate	VERB
ajeer-1274	100	4	that	that	SCONJ
ajeer-1274	100	5	gross	gross	ADJ
ajeer-1274	100	6	domestic	domestic	ADJ
ajeer-1274	100	7	product	product	NOUN
ajeer-1274	100	8	and	and	CCONJ
ajeer-1274	100	9	exchange	exchange	NOUN
ajeer-1274	100	10	rate	rate	NOUN
ajeer-1274	100	11	exert	exert	VERB
ajeer-1274	100	12	a	a	DET
ajeer-1274	100	13	positive	positive	ADJ
ajeer-1274	100	14	and	and	CCONJ
ajeer-1274	100	15	significant	significant	ADJ
ajeer-1274	100	16	impact	impact	NOUN
ajeer-1274	100	17	on	on	ADP
ajeer-1274	100	18	foreign	foreign	ADJ
ajeer-1274	100	19	exchange	exchange	NOUN
ajeer-1274	100	20	reserves	reserve	NOUN
ajeer-1274	100	21	.	.	PUNCT
ajeer-1274	101	1	other	other	ADJ
ajeer-1274	101	2	results	result	NOUN
ajeer-1274	101	3	indicate	indicate	VERB
ajeer-1274	101	4	that	that	SCONJ
ajeer-1274	101	5	inflation	inflation	NOUN
ajeer-1274	101	6	,	,	PUNCT
ajeer-1274	101	7	investment	investment	NOUN
ajeer-1274	101	8	and	and	CCONJ
ajeer-1274	101	9	total	total	ADJ
ajeer-1274	101	10	trade	trade	NOUN
ajeer-1274	101	11	has	have	VERB
ajeer-1274	101	12	a	a	DET
ajeer-1274	101	13	positive	positive	ADJ
ajeer-1274	101	14	impact	impact	NOUN
ajeer-1274	101	15	on	on	ADP
ajeer-1274	101	16	external	external	ADJ
ajeer-1274	101	17	reserves	reserve	NOUN
ajeer-1274	101	18	at	at	ADP
ajeer-1274	101	19	an	an	DET
ajeer-1274	101	20	insignificant	insignificant	ADJ
ajeer-1274	101	21	rate	rate	NOUN
ajeer-1274	101	22	.	.	PUNCT
ajeer-1274	102	1	the	the	DET
ajeer-1274	102	2	results	result	NOUN
ajeer-1274	102	3	for	for	ADP
ajeer-1274	102	4	external	external	ADJ
ajeer-1274	102	5	debt	debt	NOUN
ajeer-1274	102	6	and	and	CCONJ
ajeer-1274	102	7	unemployment	unemployment	NOUN
ajeer-1274	102	8	rate	rate	NOUN
ajeer-1274	102	9	were	be	AUX
ajeer-1274	102	10	found	find	VERB
ajeer-1274	102	11	to	to	PART
ajeer-1274	102	12	bear	bear	VERB
ajeer-1274	102	13	negative	negative	ADJ
ajeer-1274	102	14	and	and	CCONJ
ajeer-1274	102	15	insignificant	insignificant	ADJ
ajeer-1274	102	16	impact	impact	NOUN
ajeer-1274	102	17	on	on	ADP
ajeer-1274	102	18	the	the	DET
ajeer-1274	102	19	external	external	ADJ
ajeer-1274	102	20	reserves	reserve	NOUN
ajeer-1274	102	21	of	of	ADP
ajeer-1274	102	22	nigeria	nigeria	PROPN
ajeer-1274	102	23	.	.	PUNCT
ajeer-1274	103	1	asogwa	asogwa	PROPN
ajeer-1274	103	2	et	et	PROPN
ajeer-1274	103	3	al	al	PROPN
ajeer-1274	103	4	.	.	PROPN
ajeer-1274	104	1	(	(	PUNCT
ajeer-1274	104	2	2018	2018	NUM
ajeer-1274	104	3	)	)	PUNCT
ajeer-1274	104	4	assessed	assess	VERB
ajeer-1274	104	5	the	the	DET
ajeer-1274	104	6	impact	impact	NOUN
ajeer-1274	104	7	of	of	ADP
ajeer-1274	104	8	foreign	foreign	ADJ
ajeer-1274	104	9	debts	debt	NOUN
ajeer-1274	104	10	and	and	CCONJ
ajeer-1274	104	11	foreign	foreign	ADJ
ajeer-1274	104	12	exchange	exchange	NOUN
ajeer-1274	104	13	reserves	reserve	NOUN
ajeer-1274	104	14	on	on	ADP
ajeer-1274	104	15	economic	economic	ADJ
ajeer-1274	104	16	growth	growth	NOUN
ajeer-1274	104	17	in	in	ADP
ajeer-1274	104	18	nigeria	nigeria	PROPN
ajeer-1274	104	19	.	.	PUNCT
ajeer-1274	105	1	the	the	DET
ajeer-1274	105	2	study	study	NOUN
ajeer-1274	105	3	assumed	assume	VERB
ajeer-1274	105	4	that	that	SCONJ
ajeer-1274	105	5	gross	gross	ADJ
ajeer-1274	105	6	domestic	domestic	ADJ
ajeer-1274	105	7	product	product	NOUN
ajeer-1274	105	8	is	be	AUX
ajeer-1274	105	9	a	a	DET
ajeer-1274	105	10	function	function	NOUN
ajeer-1274	105	11	of	of	ADP
ajeer-1274	105	12	nigeria	nigeria	PROPN
ajeer-1274	105	13	’s	’s	PART
ajeer-1274	105	14	external	external	ADJ
ajeer-1274	105	15	debt	debt	NOUN
ajeer-1274	105	16	stock	stock	NOUN
ajeer-1274	105	17	and	and	CCONJ
ajeer-1274	105	18	reserves	reserve	NOUN
ajeer-1274	105	19	.	.	PUNCT
ajeer-1274	106	1	time	time	NOUN
ajeer-1274	106	2	series	series	PROPN
ajeer-1274	106	3	data	datum	NOUN
ajeer-1274	106	4	covering	cover	VERB
ajeer-1274	106	5	2007	2007	NUM
ajeer-1274	106	6	to	to	ADP
ajeer-1274	106	7	2016	2016	NUM
ajeer-1274	106	8	was	be	AUX
ajeer-1274	106	9	estimated	estimate	VERB
ajeer-1274	106	10	employing	employ	VERB
ajeer-1274	106	11	the	the	DET
ajeer-1274	106	12	ordinary	ordinary	ADJ
ajeer-1274	106	13	least	least	ADJ
ajeer-1274	106	14	square	square	ADJ
ajeer-1274	106	15	technique	technique	NOUN
ajeer-1274	106	16	to	to	PART
ajeer-1274	106	17	empirically	empirically	ADV
ajeer-1274	106	18	explain	explain	VERB
ajeer-1274	106	19	the	the	DET
ajeer-1274	106	20	changes	change	NOUN
ajeer-1274	106	21	in	in	ADP
ajeer-1274	106	22	economic	economic	ADJ
ajeer-1274	106	23	growth	growth	NOUN
ajeer-1274	106	24	that	that	PRON
ajeer-1274	106	25	is	be	AUX
ajeer-1274	106	26	caused	cause	VERB
ajeer-1274	106	27	by	by	ADP
ajeer-1274	106	28	the	the	DET
ajeer-1274	106	29	explanatory	explanatory	ADJ
ajeer-1274	106	30	indicators	indicator	NOUN
ajeer-1274	106	31	of	of	ADP
ajeer-1274	106	32	the	the	DET
ajeer-1274	106	33	study	study	NOUN
ajeer-1274	106	34	.	.	PUNCT
ajeer-1274	107	1	it	it	PRON
ajeer-1274	107	2	emerged	emerge	VERB
ajeer-1274	107	3	that	that	SCONJ
ajeer-1274	107	4	foreign	foreign	ADJ
ajeer-1274	107	5	debt	debt	NOUN
ajeer-1274	107	6	service	service	NOUN
ajeer-1274	107	7	payments	payment	NOUN
ajeer-1274	107	8	exert	exert	VERB
ajeer-1274	107	9	an	an	DET
ajeer-1274	107	10	insignificant	insignificant	ADJ
ajeer-1274	107	11	indirect	indirect	ADJ
ajeer-1274	107	12	impact	impact	NOUN
ajeer-1274	107	13	on	on	ADP
ajeer-1274	107	14	output	output	NOUN
ajeer-1274	107	15	growth	growth	NOUN
ajeer-1274	107	16	,	,	PUNCT
ajeer-1274	107	17	while	while	SCONJ
ajeer-1274	107	18	external	external	ADJ
ajeer-1274	107	19	debt	debt	NOUN
ajeer-1274	107	20	amount	amount	NOUN
ajeer-1274	107	21	had	have	VERB
ajeer-1274	107	22	a	a	DET
ajeer-1274	107	23	direct	direct	ADJ
ajeer-1274	107	24	impact	impact	NOUN
ajeer-1274	107	25	on	on	ADP
ajeer-1274	107	26	economic	economic	ADJ
ajeer-1274	107	27	growth	growth	NOUN
ajeer-1274	107	28	at	at	ADP
ajeer-1274	107	29	an	an	DET
ajeer-1274	107	30	insignificant	insignificant	ADJ
ajeer-1274	107	31	level	level	NOUN
ajeer-1274	107	32	.	.	PUNCT
ajeer-1274	108	1	the	the	DET
ajeer-1274	108	2	study	study	NOUN
ajeer-1274	108	3	by	by	ADP
ajeer-1274	108	4	ndubuisi	ndubuisi	NOUN
ajeer-1274	108	5	(	(	PUNCT
ajeer-1274	108	6	2017	2017	NUM
ajeer-1274	108	7	)	)	PUNCT
ajeer-1274	108	8	examined	examine	VERB
ajeer-1274	108	9	foreign	foreign	ADJ
ajeer-1274	108	10	debt	debt	NOUN
ajeer-1274	108	11	service	service	NOUN
ajeer-1274	108	12	payment	payment	NOUN
ajeer-1274	108	13	,	,	PUNCT
ajeer-1274	108	14	external	external	ADJ
ajeer-1274	108	15	debt	debt	NOUN
ajeer-1274	108	16	,	,	PUNCT
ajeer-1274	108	17	international	international	ADJ
ajeer-1274	108	18	reserves	reserve	NOUN
ajeer-1274	108	19	,	,	PUNCT
ajeer-1274	108	20	and	and	CCONJ
ajeer-1274	108	21	exchange	exchange	NOUN
ajeer-1274	108	22	rate	rate	NOUN
ajeer-1274	108	23	on	on	ADP
ajeer-1274	108	24	real	real	ADJ
ajeer-1274	108	25	gross	gross	ADJ
ajeer-1274	108	26	domestic	domestic	ADJ
ajeer-1274	108	27	product	product	NOUN
ajeer-1274	108	28	in	in	ADP
ajeer-1274	108	29	nigeria	nigeria	PROPN
ajeer-1274	108	30	.	.	PUNCT
ajeer-1274	109	1	historical	historical	ADJ
ajeer-1274	109	2	data	datum	NOUN
ajeer-1274	109	3	spanning	span	VERB
ajeer-1274	109	4	1985	1985	NUM
ajeer-1274	109	5	to	to	ADP
ajeer-1274	109	6	2015	2015	NUM
ajeer-1274	109	7	was	be	AUX
ajeer-1274	109	8	collated	collate	VERB
ajeer-1274	109	9	and	and	CCONJ
ajeer-1274	109	10	analyzed	analyze	VERB
ajeer-1274	109	11	using	use	VERB
ajeer-1274	109	12	the	the	DET
ajeer-1274	109	13	error	error	NOUN
ajeer-1274	109	14	correction	correction	NOUN
ajeer-1274	109	15	technique	technique	NOUN
ajeer-1274	109	16	.	.	PUNCT
ajeer-1274	110	1	the	the	DET
ajeer-1274	110	2	results	result	NOUN
ajeer-1274	110	3	showed	show	VERB
ajeer-1274	110	4	that	that	SCONJ
ajeer-1274	110	5	foreign	foreign	ADJ
ajeer-1274	110	6	debt	debt	NOUN
ajeer-1274	110	7	service	service	NOUN
ajeer-1274	110	8	payments	payment	NOUN
ajeer-1274	110	9	exert	exert	VERB
ajeer-1274	110	10	a	a	DET
ajeer-1274	110	11	negative	negative	ADJ
ajeer-1274	110	12	and	and	CCONJ
ajeer-1274	110	13	insignificant	insignificant	ADJ
ajeer-1274	110	14	impact	impact	NOUN
ajeer-1274	110	15	on	on	ADP
ajeer-1274	110	16	output	output	NOUN
ajeer-1274	110	17	growth	growth	NOUN
ajeer-1274	110	18	in	in	ADP
ajeer-1274	110	19	nigeria	nigeria	PROPN
ajeer-1274	110	20	.	.	PUNCT
ajeer-1274	111	1	eternal	eternal	ADJ
ajeer-1274	111	2	debt	debt	NOUN
ajeer-1274	111	3	was	be	AUX
ajeer-1274	111	4	found	find	VERB
ajeer-1274	111	5	to	to	PART
ajeer-1274	111	6	have	have	VERB
ajeer-1274	111	7	a	a	DET
ajeer-1274	111	8	linear	linear	ADJ
ajeer-1274	111	9	and	and	CCONJ
ajeer-1274	111	10	statistically	statistically	ADV
ajeer-1274	111	11	significant	significant	ADJ
ajeer-1274	111	12	impact	impact	NOUN
ajeer-1274	111	13	economic	economic	ADJ
ajeer-1274	111	14	growth	growth	NOUN
ajeer-1274	111	15	in	in	ADP
ajeer-1274	111	16	nigeria	nigeria	PROPN
ajeer-1274	111	17	.	.	PUNCT
ajeer-1274	112	1	international	international	ADJ
ajeer-1274	112	2	reserves	reserve	NOUN
ajeer-1274	112	3	and	and	CCONJ
ajeer-1274	112	4	exchange	exchange	NOUN
ajeer-1274	112	5	rate	rate	NOUN
ajeer-1274	112	6	which	which	PRON
ajeer-1274	112	7	were	be	AUX
ajeer-1274	112	8	used	use	VERB
ajeer-1274	112	9	as	as	ADP
ajeer-1274	112	10	control	control	NOUN
ajeer-1274	112	11	variables	variable	NOUN
ajeer-1274	112	12	had	have	VERB
ajeer-1274	112	13	a	a	DET
ajeer-1274	112	14	statistically	statistically	ADV
ajeer-1274	112	15	significant	significant	ADJ
ajeer-1274	112	16	impact	impact	NOUN
ajeer-1274	112	17	the	the	DET
ajeer-1274	112	18	national	national	ADJ
ajeer-1274	112	19	productivity	productivity	NOUN
ajeer-1274	112	20	of	of	ADP
ajeer-1274	112	21	nigeria	nigeria	PROPN
ajeer-1274	112	22	.	.	PUNCT
ajeer-1274	113	1	nwanne	nwanne	NOUN
ajeer-1274	113	2	and	and	CCONJ
ajeer-1274	113	3	eze	eze	ADJ
ajeer-1274	113	4	(	(	PUNCT
ajeer-1274	113	5	2015	2015	NUM
ajeer-1274	113	6	)	)	PUNCT
ajeer-1274	113	7	examined	examine	VERB
ajeer-1274	113	8	the	the	DET
ajeer-1274	113	9	nexus	nexus	NOUN
ajeer-1274	113	10	between	between	ADP
ajeer-1274	113	11	external	external	ADJ
ajeer-1274	113	12	debt	debt	NOUN
ajeer-1274	113	13	stock	stock	NOUN
ajeer-1274	113	14	,	,	PUNCT
ajeer-1274	113	15	external	external	ADJ
ajeer-1274	113	16	debt	debt	NOUN
ajeer-1274	113	17	service	service	NOUN
ajeer-1274	113	18	payment	payment	NOUN
ajeer-1274	113	19	and	and	CCONJ
ajeer-1274	113	20	foreign	foreign	ADJ
ajeer-1274	113	21	exchange	exchange	NOUN
ajeer-1274	113	22	rate	rate	NOUN
ajeer-1274	113	23	in	in	ADP
ajeer-1274	113	24	nigeria	nigeria	PROPN
ajeer-1274	113	25	.	.	PUNCT
ajeer-1274	114	1	time	time	PROPN
ajeer-1274	114	2	series	series	PROPN
ajeer-1274	114	3	data	datum	NOUN
ajeer-1274	114	4	spanning	span	VERB
ajeer-1274	114	5	32	32	NUM
ajeer-1274	114	6	years	year	NOUN
ajeer-1274	114	7	,	,	PUNCT
ajeer-1274	114	8	1981	1981	NUM
ajeer-1274	114	9	to	to	ADP
ajeer-1274	114	10	2013	2013	NUM
ajeer-1274	114	11	was	be	AUX
ajeer-1274	114	12	collated	collate	VERB
ajeer-1274	114	13	and	and	CCONJ
ajeer-1274	114	14	analyzed	analyze	VERB
ajeer-1274	114	15	using	use	VERB
ajeer-1274	114	16	the	the	DET
ajeer-1274	114	17	johansson	johansson	PROPN
ajeer-1274	114	18	cointegration	cointegration	NOUN
ajeer-1274	114	19	test	test	NOUN
ajeer-1274	114	20	,	,	PUNCT
ajeer-1274	114	21	which	which	PRON
ajeer-1274	114	22	established	establish	VERB
ajeer-1274	114	23	the	the	DET
ajeer-1274	114	24	existence	existence	NOUN
ajeer-1274	114	25	of	of	ADP
ajeer-1274	114	26	long	long	ADJ
ajeer-1274	114	27	run	run	NOUN
ajeer-1274	114	28	equilibrium	equilibrium	NOUN
ajeer-1274	114	29	relationship	relationship	NOUN
ajeer-1274	114	30	.	.	PUNCT
ajeer-1274	115	1	the	the	DET
ajeer-1274	115	2	ordinary	ordinary	ADJ
ajeer-1274	115	3	least	least	ADJ
ajeer-1274	115	4	technique	technique	NOUN
ajeer-1274	115	5	was	be	AUX
ajeer-1274	115	6	employed	employ	VERB
ajeer-1274	115	7	to	to	PART
ajeer-1274	115	8	determine	determine	VERB
ajeer-1274	115	9	the	the	DET
ajeer-1274	115	10	direct	direct	ADJ
ajeer-1274	115	11	and	and	CCONJ
ajeer-1274	115	12	magnitude	magnitude	NOUN
ajeer-1274	115	13	of	of	ADP
ajeer-1274	115	14	the	the	DET
ajeer-1274	115	15	relationship	relationship	NOUN
ajeer-1274	115	16	.	.	PUNCT
ajeer-1274	116	1	the	the	DET
ajeer-1274	116	2	results	result	NOUN
ajeer-1274	116	3	indicate	indicate	VERB
ajeer-1274	116	4	that	that	SCONJ
ajeer-1274	116	5	external	external	ADJ
ajeer-1274	116	6	debt	debt	NOUN
ajeer-1274	116	7	stock	stock	NOUN
ajeer-1274	116	8	has	have	VERB
ajeer-1274	116	9	a	a	DET
ajeer-1274	116	10	positive	positive	ADJ
ajeer-1274	116	11	relationship	relationship	NOUN
ajeer-1274	116	12	with	with	ADP
ajeer-1274	116	13	foreign	foreign	ADJ
ajeer-1274	116	14	exchange	exchange	NOUN
ajeer-1274	116	15	rate	rate	NOUN
ajeer-1274	116	16	,	,	PUNCT
ajeer-1274	116	17	while	while	SCONJ
ajeer-1274	116	18	external	external	ADJ
ajeer-1274	116	19	debt	debt	NOUN
ajeer-1274	116	20	service	service	NOUN
ajeer-1274	116	21	payment	payment	NOUN
ajeer-1274	116	22	exerted	exert	VERB
ajeer-1274	116	23	a	a	DET
ajeer-1274	116	24	negative	negative	ADJ
ajeer-1274	116	25	effect	effect	NOUN
ajeer-1274	116	26	on	on	ADP
ajeer-1274	116	27	exchange	exchange	NOUN
ajeer-1274	116	28	rate	rate	NOUN
ajeer-1274	116	29	in	in	ADP
ajeer-1274	116	30	nigeria	nigeria	PROPN
ajeer-1274	116	31	.	.	PUNCT
ajeer-1274	117	1	anidiobu	anidiobu	PROPN
ajeer-1274	117	2	and	and	CCONJ
ajeer-1274	117	3	okolie	okolie	PROPN
ajeer-1274	117	4	(	(	PUNCT
ajeer-1274	117	5	2016	2016	NUM
ajeer-1274	117	6	)	)	PUNCT
ajeer-1274	117	7	carried	carry	VERB
ajeer-1274	117	8	out	out	ADP
ajeer-1274	117	9	a	a	DET
ajeer-1274	117	10	response	response	NOUN
ajeer-1274	117	11	study	study	NOUN
ajeer-1274	117	12	on	on	ADP
ajeer-1274	117	13	external	external	ADJ
ajeer-1274	117	14	debt	debt	NOUN
ajeer-1274	117	15	and	and	CCONJ
ajeer-1274	117	16	exchange	exchange	NOUN
ajeer-1274	117	17	rate	rate	NOUN
ajeer-1274	117	18	volatility	volatility	NOUN
ajeer-1274	117	19	in	in	ADP
ajeer-1274	117	20	nigeria	nigeria	PROPN
ajeer-1274	117	21	.	.	PUNCT
ajeer-1274	118	1	the	the	DET
ajeer-1274	118	2	study	study	NOUN
ajeer-1274	118	3	specifically	specifically	ADV
ajeer-1274	118	4	set	set	VERB
ajeer-1274	118	5	out	out	ADP
ajeer-1274	118	6	to	to	PART
ajeer-1274	118	7	ascertain	ascertain	VERB
ajeer-1274	118	8	if	if	SCONJ
ajeer-1274	118	9	external	external	ADJ
ajeer-1274	118	10	debt	debt	NOUN
ajeer-1274	118	11	,	,	PUNCT
ajeer-1274	118	12	external	external	ADJ
ajeer-1274	118	13	debt	debt	NOUN
ajeer-1274	118	14	service	service	NOUN
ajeer-1274	118	15	payment	payment	NOUN
ajeer-1274	118	16	and	and	CCONJ
ajeer-1274	118	17	balance	balance	NOUN
ajeer-1274	118	18	of	of	ADP
ajeer-1274	118	19	trade	trade	NOUN
ajeer-1274	118	20	has	have	VERB
ajeer-1274	118	21	a	a	DET
ajeer-1274	118	22	positive	positive	ADJ
ajeer-1274	118	23	and	and	CCONJ
ajeer-1274	118	24	or	or	CCONJ
ajeer-1274	118	25	significant	significant	ADJ
ajeer-1274	118	26	relationship	relationship	NOUN
ajeer-1274	118	27	exist	exist	VERB
ajeer-1274	118	28	between	between	ADP
ajeer-1274	118	29	these	these	DET
ajeer-1274	118	30	explanatory	explanatory	ADJ
ajeer-1274	118	31	variables	variable	NOUN
ajeer-1274	118	32	and	and	CCONJ
ajeer-1274	118	33	exchange	exchange	NOUN
ajeer-1274	118	34	rate	rate	NOUN
ajeer-1274	118	35	.	.	PUNCT
ajeer-1274	119	1	historical	historical	ADJ
ajeer-1274	119	2	data	datum	NOUN
ajeer-1274	119	3	covering	cover	VERB
ajeer-1274	119	4	1986	1986	NUM
ajeer-1274	119	5	to	to	ADP
ajeer-1274	119	6	2013	2013	NUM
ajeer-1274	119	7	and	and	CCONJ
ajeer-1274	119	8	estimated	estimate	VERB
ajeer-1274	119	9	using	use	VERB
ajeer-1274	119	10	the	the	DET
ajeer-1274	119	11	ordinary	ordinary	ADJ
ajeer-1274	119	12	least	least	ADJ
ajeer-1274	119	13	square	square	ADJ
ajeer-1274	119	14	technique	technique	NOUN
ajeer-1274	119	15	.	.	PUNCT
ajeer-1274	120	1	the	the	DET
ajeer-1274	120	2	study	study	NOUN
ajeer-1274	120	3	found	find	VERB
ajeer-1274	120	4	that	that	SCONJ
ajeer-1274	120	5	the	the	DET
ajeer-1274	120	6	external	external	ADJ
ajeer-1274	120	7	debt	debt	NOUN
ajeer-1274	120	8	stock	stock	NOUN
ajeer-1274	120	9	exerted	exert	VERB
ajeer-1274	120	10	a	a	DET
ajeer-1274	120	11	positive	positive	ADJ
ajeer-1274	120	12	but	but	CCONJ
ajeer-1274	120	13	insignificant	insignificant	ADJ
ajeer-1274	120	14	effect	effect	NOUN
ajeer-1274	120	15	on	on	ADP
ajeer-1274	120	16	exchange	exchange	NOUN
ajeer-1274	120	17	rate	rate	NOUN
ajeer-1274	120	18	.	.	PUNCT
ajeer-1274	121	1	it	it	PRON
ajeer-1274	121	2	also	also	ADV
ajeer-1274	121	3	emerged	emerge	VERB
ajeer-1274	121	4	that	that	SCONJ
ajeer-1274	121	5	external	external	ADJ
ajeer-1274	121	6	debt	debt	NOUN
ajeer-1274	121	7	service	service	NOUN
ajeer-1274	121	8	payment	payment	NOUN
ajeer-1274	121	9	has	have	VERB
ajeer-1274	121	10	a	a	DET
ajeer-1274	121	11	negative	negative	ADJ
ajeer-1274	121	12	and	and	CCONJ
ajeer-1274	121	13	insignificant	insignificant	ADJ
ajeer-1274	121	14	influence	influence	NOUN
ajeer-1274	121	15	on	on	ADP
ajeer-1274	121	16	exchange	exchange	NOUN
ajeer-1274	121	17	rate	rate	NOUN
ajeer-1274	121	18	.	.	PUNCT
ajeer-1274	122	1	balance	balance	NOUN
ajeer-1274	122	2	of	of	ADP
ajeer-1274	122	3	trade	trade	NOUN
ajeer-1274	122	4	however	however	ADV
ajeer-1274	122	5	,	,	PUNCT
ajeer-1274	122	6	indicated	indicate	VERB
ajeer-1274	122	7	that	that	SCONJ
ajeer-1274	122	8	the	the	DET
ajeer-1274	122	9	variable	variable	NOUN
ajeer-1274	122	10	has	have	VERB
ajeer-1274	122	11	a	a	DET
ajeer-1274	122	12	positive	positive	ADJ
ajeer-1274	122	13	and	and	CCONJ
ajeer-1274	122	14	significant	significant	ADJ
ajeer-1274	122	15	impact	impact	NOUN
ajeer-1274	122	16	on	on	ADP
ajeer-1274	122	17	exchange	exchange	NOUN
ajeer-1274	122	18	rate	rate	NOUN
ajeer-1274	122	19	in	in	ADP
ajeer-1274	122	20	nigeria	nigeria	PROPN
ajeer-1274	122	21	.	.	PUNCT
ajeer-1274	123	1	asian	asian	PROPN
ajeer-1274	123	2	journal	journal	PROPN
ajeer-1274	123	3	of	of	ADP
ajeer-1274	123	4	economics	economic	NOUN
ajeer-1274	123	5	and	and	CCONJ
ajeer-1274	123	6	empirical	empirical	ADJ
ajeer-1274	123	7	research	research	NOUN
ajeer-1274	123	8	,	,	PUNCT
ajeer-1274	123	9	2020	2020	NUM
ajeer-1274	123	10	,	,	PUNCT
ajeer-1274	123	11	7(1	7(1	NUM
ajeer-1274	123	12	):	):	PUNCT
ajeer-1274	123	13	1	1	NUM
ajeer-1274	123	14	-	-	SYM
ajeer-1274	123	15	7	7	NUM
ajeer-1274	123	16	4	4	NUM
ajeer-1274	123	17	©	©	PROPN
ajeer-1274	123	18	2020	2020	NUM
ajeer-1274	123	19	by	by	ADP
ajeer-1274	123	20	the	the	DET
ajeer-1274	123	21	authors	author	NOUN
ajeer-1274	123	22	;	;	PUNCT
ajeer-1274	123	23	licensee	licensee	PROPN
ajeer-1274	123	24	asian	asian	ADJ
ajeer-1274	123	25	online	online	PROPN
ajeer-1274	123	26	journal	journal	PROPN
ajeer-1274	123	27	publishing	publishing	NOUN
ajeer-1274	123	28	group	group	NOUN
ajeer-1274	123	29	using	use	VERB
ajeer-1274	123	30	the	the	DET
ajeer-1274	123	31	granger	granger	PROPN
ajeer-1274	123	32	causality	causality	NOUN
ajeer-1274	123	33	test	test	NOUN
ajeer-1274	123	34	and	and	CCONJ
ajeer-1274	123	35	ordinary	ordinary	ADJ
ajeer-1274	123	36	least	least	ADJ
ajeer-1274	123	37	square	square	ADJ
ajeer-1274	123	38	technique	technique	NOUN
ajeer-1274	123	39	,	,	PUNCT
ajeer-1274	123	40	draz	draz	NOUN
ajeer-1274	123	41	and	and	CCONJ
ajeer-1274	123	42	ahmad	ahmad	PROPN
ajeer-1274	123	43	(	(	PUNCT
ajeer-1274	123	44	2015	2015	NUM
ajeer-1274	123	45	)	)	PUNCT
ajeer-1274	123	46	investigated	investigate	VERB
ajeer-1274	123	47	the	the	DET
ajeer-1274	123	48	influence	influence	NOUN
ajeer-1274	123	49	of	of	ADP
ajeer-1274	123	50	foreign	foreign	ADJ
ajeer-1274	123	51	debt	debt	NOUN
ajeer-1274	123	52	and	and	CCONJ
ajeer-1274	123	53	crude	crude	ADJ
ajeer-1274	123	54	oil	oil	NOUN
ajeer-1274	123	55	prices	price	NOUN
ajeer-1274	123	56	on	on	ADP
ajeer-1274	123	57	exchange	exchange	NOUN
ajeer-1274	123	58	rates	rate	NOUN
ajeer-1274	123	59	in	in	ADP
ajeer-1274	123	60	pakistan	pakistan	PROPN
ajeer-1274	123	61	.	.	PUNCT
ajeer-1274	124	1	time	time	PROPN
ajeer-1274	124	2	series	series	PROPN
ajeer-1274	124	3	data	datum	NOUN
ajeer-1274	124	4	spanning	span	VERB
ajeer-1274	124	5	1965	1965	NUM
ajeer-1274	124	6	to	to	ADP
ajeer-1274	124	7	2009	2009	NUM
ajeer-1274	124	8	was	be	AUX
ajeer-1274	124	9	collated	collate	VERB
ajeer-1274	124	10	for	for	ADP
ajeer-1274	124	11	the	the	DET
ajeer-1274	124	12	analyses	analysis	NOUN
ajeer-1274	124	13	and	and	CCONJ
ajeer-1274	124	14	estimation	estimation	NOUN
ajeer-1274	124	15	.	.	PUNCT
ajeer-1274	125	1	the	the	DET
ajeer-1274	125	2	test	test	NOUN
ajeer-1274	125	3	results	result	NOUN
ajeer-1274	125	4	revealed	reveal	VERB
ajeer-1274	125	5	that	that	SCONJ
ajeer-1274	125	6	foreign	foreign	ADJ
ajeer-1274	125	7	debt	debt	NOUN
ajeer-1274	125	8	exerted	exert	VERB
ajeer-1274	125	9	a	a	DET
ajeer-1274	125	10	statistically	statistically	ADV
ajeer-1274	125	11	significant	significant	ADJ
ajeer-1274	125	12	impact	impact	NOUN
ajeer-1274	125	13	forex	forex	NOUN
ajeer-1274	125	14	.	.	PUNCT
ajeer-1274	126	1	it	it	PRON
ajeer-1274	126	2	also	also	ADV
ajeer-1274	126	3	emerge	emerge	VERB
ajeer-1274	126	4	that	that	SCONJ
ajeer-1274	126	5	world	world	NOUN
ajeer-1274	126	6	crude	crude	ADJ
ajeer-1274	126	7	oil	oil	NOUN
ajeer-1274	126	8	prices	price	NOUN
ajeer-1274	126	9	bear	bear	VERB
ajeer-1274	126	10	an	an	DET
ajeer-1274	126	11	insignificant	insignificant	ADJ
ajeer-1274	126	12	impact	impact	NOUN
ajeer-1274	126	13	on	on	ADP
ajeer-1274	126	14	forex	forex	NOUN
ajeer-1274	126	15	in	in	ADP
ajeer-1274	126	16	pakistan	pakistan	PROPN
ajeer-1274	126	17	.	.	PUNCT
ajeer-1274	127	1	essien	essien	PROPN
ajeer-1274	127	2	et	et	PROPN
ajeer-1274	127	3	al	al	PROPN
ajeer-1274	127	4	.	.	PROPN
ajeer-1274	128	1	(	(	PUNCT
ajeer-1274	128	2	2016	2016	NUM
ajeer-1274	128	3	)	)	PUNCT
ajeer-1274	128	4	investigated	investigate	VERB
ajeer-1274	128	5	the	the	DET
ajeer-1274	128	6	effect	effect	NOUN
ajeer-1274	128	7	of	of	ADP
ajeer-1274	128	8	domestic	domestic	ADJ
ajeer-1274	128	9	and	and	CCONJ
ajeer-1274	128	10	foreign	foreign	ADJ
ajeer-1274	128	11	debt	debt	NOUN
ajeer-1274	128	12	on	on	ADP
ajeer-1274	128	13	lending	lend	VERB
ajeer-1274	128	14	interest	interest	NOUN
ajeer-1274	128	15	rates	rate	NOUN
ajeer-1274	128	16	,	,	PUNCT
ajeer-1274	128	17	consumer	consumer	NOUN
ajeer-1274	128	18	price	price	NOUN
ajeer-1274	128	19	index	index	NOUN
ajeer-1274	128	20	and	and	CCONJ
ajeer-1274	128	21	national	national	ADJ
ajeer-1274	128	22	output	output	NOUN
ajeer-1274	128	23	in	in	ADP
ajeer-1274	128	24	nigeria	nigeria	PROPN
ajeer-1274	128	25	.	.	PUNCT
ajeer-1274	129	1	the	the	DET
ajeer-1274	129	2	study	study	NOUN
ajeer-1274	129	3	used	use	VERB
ajeer-1274	129	4	secondary	secondary	ADJ
ajeer-1274	129	5	time	time	NOUN
ajeer-1274	129	6	series	series	PROPN
ajeer-1274	129	7	data	datum	NOUN
ajeer-1274	129	8	spanning	span	VERB
ajeer-1274	129	9	1970	1970	NUM
ajeer-1274	129	10	to	to	ADP
ajeer-1274	129	11	2014	2014	NUM
ajeer-1274	129	12	.	.	PUNCT
ajeer-1274	130	1	a	a	DET
ajeer-1274	130	2	var	var	NOUN
ajeer-1274	130	3	model	model	NOUN
ajeer-1274	130	4	was	be	AUX
ajeer-1274	130	5	built	build	VERB
ajeer-1274	130	6	and	and	CCONJ
ajeer-1274	130	7	the	the	DET
ajeer-1274	130	8	estimates	estimate	NOUN
ajeer-1274	130	9	indicate	indicate	VERB
ajeer-1274	130	10	that	that	SCONJ
ajeer-1274	130	11	external	external	ADJ
ajeer-1274	130	12	shocks	shock	NOUN
ajeer-1274	130	13	to	to	ADP
ajeer-1274	130	14	the	the	DET
ajeer-1274	130	15	lag	lag	NOUN
ajeer-1274	130	16	of	of	ADP
ajeer-1274	130	17	foreign	foreign	ADJ
ajeer-1274	130	18	debt	debt	NOUN
ajeer-1274	130	19	stock	stock	NOUN
ajeer-1274	130	20	raised	raise	VERB
ajeer-1274	130	21	the	the	DET
ajeer-1274	130	22	lending	lending	NOUN
ajeer-1274	130	23	interest	interest	NOUN
ajeer-1274	130	24	rate	rate	NOUN
ajeer-1274	130	25	.	.	PUNCT
ajeer-1274	131	1	it	it	PRON
ajeer-1274	131	2	further	far	ADV
ajeer-1274	131	3	emerged	emerge	VERB
ajeer-1274	131	4	that	that	PRON
ajeer-1274	131	5	aggregate	aggregate	VERB
ajeer-1274	131	6	public	public	ADJ
ajeer-1274	131	7	debt	debt	NOUN
ajeer-1274	131	8	exerted	exert	VERB
ajeer-1274	131	9	a	a	DET
ajeer-1274	131	10	statistically	statistically	ADV
ajeer-1274	131	11	significant	significant	ADJ
ajeer-1274	131	12	influence	influence	NOUN
ajeer-1274	131	13	on	on	ADP
ajeer-1274	131	14	consumer	consumer	NOUN
ajeer-1274	131	15	price	price	NOUN
ajeer-1274	131	16	index	index	NOUN
ajeer-1274	131	17	and	and	CCONJ
ajeer-1274	131	18	national	national	ADJ
ajeer-1274	131	19	output	output	NOUN
ajeer-1274	131	20	in	in	ADP
ajeer-1274	131	21	nigeria	nigeria	PROPN
ajeer-1274	131	22	.	.	PUNCT
ajeer-1274	132	1	the	the	DET
ajeer-1274	132	2	study	study	NOUN
ajeer-1274	132	3	by	by	ADP
ajeer-1274	132	4	abdullahi	abdullahi	PROPN
ajeer-1274	132	5	et	et	PROPN
ajeer-1274	132	6	al	al	PROPN
ajeer-1274	132	7	.	.	PROPN
ajeer-1274	132	8	(	(	PUNCT
ajeer-1274	132	9	2015	2015	NUM
ajeer-1274	132	10	)	)	PUNCT
ajeer-1274	132	11	seeks	seek	VERB
ajeer-1274	132	12	to	to	PART
ajeer-1274	132	13	ascertain	ascertain	VERB
ajeer-1274	132	14	the	the	DET
ajeer-1274	132	15	determinant	determinant	NOUN
ajeer-1274	132	16	of	of	ADP
ajeer-1274	132	17	external	external	ADJ
ajeer-1274	132	18	debt	debt	NOUN
ajeer-1274	132	19	accumulation	accumulation	NOUN
ajeer-1274	132	20	in	in	ADP
ajeer-1274	132	21	nigeria	nigeria	PROPN
ajeer-1274	132	22	.	.	PUNCT
ajeer-1274	133	1	historical	historical	ADJ
ajeer-1274	133	2	data	datum	NOUN
ajeer-1274	133	3	covering	cover	VERB
ajeer-1274	133	4	1980	1980	NUM
ajeer-1274	133	5	to	to	ADP
ajeer-1274	133	6	2013	2013	NUM
ajeer-1274	133	7	was	be	AUX
ajeer-1274	133	8	collated	collate	VERB
ajeer-1274	133	9	and	and	CCONJ
ajeer-1274	133	10	estimated	estimate	VERB
ajeer-1274	133	11	using	use	VERB
ajeer-1274	133	12	ardl	ardl	NOUN
ajeer-1274	133	13	.	.	PUNCT
ajeer-1274	134	1	the	the	DET
ajeer-1274	134	2	study	study	NOUN
ajeer-1274	134	3	hypothesized	hypothesize	VERB
ajeer-1274	134	4	that	that	SCONJ
ajeer-1274	134	5	exchange	exchange	NOUN
ajeer-1274	134	6	rate	rate	NOUN
ajeer-1274	134	7	,	,	PUNCT
ajeer-1274	134	8	savings	saving	NOUN
ajeer-1274	134	9	,	,	PUNCT
ajeer-1274	134	10	lending	lend	VERB
ajeer-1274	134	11	interest	interest	NOUN
ajeer-1274	134	12	rate	rate	NOUN
ajeer-1274	134	13	and	and	CCONJ
ajeer-1274	134	14	budget	budget	NOUN
ajeer-1274	134	15	deficit	deficit	NOUN
ajeer-1274	134	16	as	as	ADP
ajeer-1274	134	17	the	the	DET
ajeer-1274	134	18	determinants	determinant	NOUN
ajeer-1274	134	19	of	of	ADP
ajeer-1274	134	20	foreign	foreign	ADJ
ajeer-1274	134	21	debt	debt	NOUN
ajeer-1274	134	22	accumulation	accumulation	NOUN
ajeer-1274	134	23	in	in	ADP
ajeer-1274	134	24	nigeria	nigeria	PROPN
ajeer-1274	134	25	.	.	PUNCT
ajeer-1274	135	1	the	the	DET
ajeer-1274	135	2	study	study	NOUN
ajeer-1274	135	3	found	find	VERB
ajeer-1274	135	4	that	that	SCONJ
ajeer-1274	135	5	the	the	DET
ajeer-1274	135	6	independent	independent	ADJ
ajeer-1274	135	7	variables	variable	NOUN
ajeer-1274	135	8	of	of	ADP
ajeer-1274	135	9	the	the	DET
ajeer-1274	135	10	study	study	NOUN
ajeer-1274	135	11	have	have	VERB
ajeer-1274	135	12	a	a	DET
ajeer-1274	135	13	significant	significant	ADJ
ajeer-1274	135	14	impact	impact	NOUN
ajeer-1274	135	15	on	on	ADP
ajeer-1274	135	16	external	external	ADJ
ajeer-1274	135	17	debt	debt	NOUN
ajeer-1274	135	18	in	in	ADP
ajeer-1274	135	19	nigeria	nigeria	PROPN
ajeer-1274	135	20	in	in	ADP
ajeer-1274	135	21	the	the	DET
ajeer-1274	135	22	long	long	ADJ
ajeer-1274	135	23	term	term	NOUN
ajeer-1274	135	24	;	;	PUNCT
ajeer-1274	135	25	however	however	ADV
ajeer-1274	135	26	,	,	PUNCT
ajeer-1274	135	27	the	the	DET
ajeer-1274	135	28	adjustment	adjustment	NOUN
ajeer-1274	135	29	speed	speed	NOUN
ajeer-1274	135	30	was	be	AUX
ajeer-1274	135	31	found	find	VERB
ajeer-1274	135	32	to	to	PART
ajeer-1274	135	33	be	be	AUX
ajeer-1274	135	34	weak	weak	ADJ
ajeer-1274	135	35	in	in	ADP
ajeer-1274	135	36	the	the	DET
ajeer-1274	135	37	short	short	ADJ
ajeer-1274	135	38	term	term	NOUN
ajeer-1274	135	39	.	.	PUNCT
ajeer-1274	136	1	kouladoum	kouladoum	NOUN
ajeer-1274	136	2	(	(	PUNCT
ajeer-1274	136	3	2018	2018	NUM
ajeer-1274	136	4	)	)	PUNCT
ajeer-1274	136	5	investigated	investigate	VERB
ajeer-1274	136	6	the	the	DET
ajeer-1274	136	7	impact	impact	NOUN
ajeer-1274	136	8	of	of	ADP
ajeer-1274	136	9	foreign	foreign	ADJ
ajeer-1274	136	10	debt	debt	NOUN
ajeer-1274	136	11	stock	stock	NOUN
ajeer-1274	136	12	on	on	ADP
ajeer-1274	136	13	real	real	ADJ
ajeer-1274	136	14	foreign	foreign	ADJ
ajeer-1274	136	15	exchange	exchange	NOUN
ajeer-1274	136	16	rate	rate	NOUN
ajeer-1274	136	17	in	in	ADP
ajeer-1274	136	18	chad	chad	PROPN
ajeer-1274	136	19	.	.	PUNCT
ajeer-1274	137	1	the	the	DET
ajeer-1274	137	2	independent	independent	ADJ
ajeer-1274	137	3	variables	variable	NOUN
ajeer-1274	137	4	of	of	ADP
ajeer-1274	137	5	the	the	DET
ajeer-1274	137	6	study	study	NOUN
ajeer-1274	137	7	are	be	AUX
ajeer-1274	137	8	–	–	PUNCT
ajeer-1274	137	9	external	external	ADJ
ajeer-1274	137	10	debt	debt	NOUN
ajeer-1274	137	11	stock	stock	NOUN
ajeer-1274	137	12	,	,	PUNCT
ajeer-1274	137	13	external	external	ADJ
ajeer-1274	137	14	debt	debt	NOUN
ajeer-1274	137	15	service	service	NOUN
ajeer-1274	137	16	payments	payment	NOUN
ajeer-1274	137	17	,	,	PUNCT
ajeer-1274	137	18	public	public	ADJ
ajeer-1274	137	19	spending	spending	NOUN
ajeer-1274	137	20	,	,	PUNCT
ajeer-1274	137	21	aggregate	aggregate	ADJ
ajeer-1274	137	22	public	public	ADJ
ajeer-1274	137	23	investment	investment	NOUN
ajeer-1274	137	24	,	,	PUNCT
ajeer-1274	137	25	broad	broad	ADJ
ajeer-1274	137	26	money	money	NOUN
ajeer-1274	137	27	supply	supply	NOUN
ajeer-1274	137	28	and	and	CCONJ
ajeer-1274	137	29	the	the	DET
ajeer-1274	137	30	degree	degree	NOUN
ajeer-1274	137	31	of	of	ADP
ajeer-1274	137	32	trade	trade	NOUN
ajeer-1274	137	33	openness	openness	NOUN
ajeer-1274	137	34	,	,	PUNCT
ajeer-1274	137	35	whereas	whereas	SCONJ
ajeer-1274	137	36	the	the	DET
ajeer-1274	137	37	endogenous	endogenous	ADJ
ajeer-1274	137	38	variable	variable	NOUN
ajeer-1274	137	39	of	of	ADP
ajeer-1274	137	40	the	the	DET
ajeer-1274	137	41	study	study	NOUN
ajeer-1274	137	42	is	be	AUX
ajeer-1274	137	43	real	real	ADJ
ajeer-1274	137	44	foreign	foreign	ADJ
ajeer-1274	137	45	exchange	exchange	NOUN
ajeer-1274	137	46	rate	rate	NOUN
ajeer-1274	137	47	.	.	PUNCT
ajeer-1274	138	1	historical	historical	ADJ
ajeer-1274	138	2	data	datum	NOUN
ajeer-1274	138	3	from	from	ADP
ajeer-1274	138	4	1975	1975	NUM
ajeer-1274	138	5	to	to	ADP
ajeer-1274	138	6	2014	2014	NUM
ajeer-1274	138	7	was	be	AUX
ajeer-1274	138	8	collated	collate	VERB
ajeer-1274	138	9	and	and	CCONJ
ajeer-1274	138	10	estimated	estimate	VERB
ajeer-1274	138	11	using	use	VERB
ajeer-1274	138	12	gmm	gmm	PROPN
ajeer-1274	138	13	.	.	PUNCT
ajeer-1274	139	1	the	the	DET
ajeer-1274	139	2	results	result	NOUN
ajeer-1274	139	3	indicate	indicate	VERB
ajeer-1274	139	4	that	that	SCONJ
ajeer-1274	139	5	foreign	foreign	ADJ
ajeer-1274	139	6	debt	debt	NOUN
ajeer-1274	139	7	stock	stock	NOUN
ajeer-1274	139	8	exerts	exert	VERB
ajeer-1274	139	9	a	a	DET
ajeer-1274	139	10	positive	positive	ADJ
ajeer-1274	139	11	and	and	CCONJ
ajeer-1274	139	12	significant	significant	ADJ
ajeer-1274	139	13	impact	impact	NOUN
ajeer-1274	139	14	on	on	ADP
ajeer-1274	139	15	the	the	DET
ajeer-1274	139	16	dependent	dependent	ADJ
ajeer-1274	139	17	variable	variable	NOUN
ajeer-1274	139	18	at	at	ADP
ajeer-1274	139	19	the	the	DET
ajeer-1274	139	20	5	5	NUM
ajeer-1274	139	21	%	%	NOUN
ajeer-1274	139	22	threshold	threshold	NOUN
ajeer-1274	139	23	.	.	PUNCT
ajeer-1274	140	1	aggregate	aggregate	ADJ
ajeer-1274	140	2	investment	investment	NOUN
ajeer-1274	140	3	and	and	CCONJ
ajeer-1274	140	4	government	government	NOUN
ajeer-1274	140	5	spending	spending	NOUN
ajeer-1274	140	6	was	be	AUX
ajeer-1274	140	7	found	find	VERB
ajeer-1274	140	8	to	to	PART
ajeer-1274	140	9	be	be	AUX
ajeer-1274	140	10	have	have	VERB
ajeer-1274	140	11	a	a	DET
ajeer-1274	140	12	statistically	statistically	ADV
ajeer-1274	140	13	insignificant	insignificant	ADJ
ajeer-1274	140	14	negative	negative	ADJ
ajeer-1274	140	15	impact	impact	NOUN
ajeer-1274	140	16	on	on	ADP
ajeer-1274	140	17	forex	forex	PROPN
ajeer-1274	140	18	.	.	PUNCT
ajeer-1274	141	1	other	other	ADJ
ajeer-1274	141	2	results	result	NOUN
ajeer-1274	141	3	indicate	indicate	VERB
ajeer-1274	141	4	that	that	SCONJ
ajeer-1274	141	5	broad	broad	ADJ
ajeer-1274	141	6	money	money	NOUN
ajeer-1274	141	7	supply	supply	NOUN
ajeer-1274	141	8	has	have	VERB
ajeer-1274	141	9	a	a	DET
ajeer-1274	141	10	linear	linear	ADJ
ajeer-1274	141	11	but	but	CCONJ
ajeer-1274	141	12	insignificant	insignificant	ADJ
ajeer-1274	141	13	influence	influence	NOUN
ajeer-1274	141	14	,	,	PUNCT
ajeer-1274	141	15	while	while	SCONJ
ajeer-1274	141	16	debt	debt	NOUN
ajeer-1274	141	17	service	service	NOUN
ajeer-1274	141	18	payment	payment	NOUN
ajeer-1274	141	19	exerted	exert	VERB
ajeer-1274	141	20	a	a	DET
ajeer-1274	141	21	statistically	statistically	ADV
ajeer-1274	141	22	significant	significant	ADJ
ajeer-1274	141	23	nonlinear	nonlinear	ADJ
ajeer-1274	141	24	impact	impact	NOUN
ajeer-1274	141	25	on	on	ADP
ajeer-1274	141	26	real	real	ADJ
ajeer-1274	141	27	exchange	exchange	NOUN
ajeer-1274	141	28	rate	rate	NOUN
ajeer-1274	141	29	in	in	ADP
ajeer-1274	141	30	chad	chad	PROPN
ajeer-1274	141	31	.	.	PUNCT
ajeer-1274	142	1	eva	eva	PROPN
ajeer-1274	142	2	et	et	PROPN
ajeer-1274	142	3	al	al	PROPN
ajeer-1274	142	4	.	.	PROPN
ajeer-1274	143	1	(	(	PUNCT
ajeer-1274	143	2	2015	2015	NUM
ajeer-1274	143	3	)	)	PUNCT
ajeer-1274	143	4	examined	examine	VERB
ajeer-1274	143	5	the	the	DET
ajeer-1274	143	6	determinants	determinant	NOUN
ajeer-1274	143	7	of	of	ADP
ajeer-1274	143	8	external	external	ADJ
ajeer-1274	143	9	debt	debt	NOUN
ajeer-1274	143	10	stock	stock	NOUN
ajeer-1274	143	11	in	in	ADP
ajeer-1274	143	12	malaysia	malaysia	PROPN
ajeer-1274	143	13	.	.	PUNCT
ajeer-1274	144	1	the	the	DET
ajeer-1274	144	2	study	study	NOUN
ajeer-1274	144	3	hypothesized	hypothesize	VERB
ajeer-1274	144	4	gross	gross	ADJ
ajeer-1274	144	5	domestic	domestic	ADJ
ajeer-1274	144	6	product	product	NOUN
ajeer-1274	144	7	,	,	PUNCT
ajeer-1274	144	8	real	real	ADJ
ajeer-1274	144	9	interest	interest	NOUN
ajeer-1274	144	10	rate	rate	NOUN
ajeer-1274	144	11	,	,	PUNCT
ajeer-1274	144	12	consumer	consumer	NOUN
ajeer-1274	144	13	price	price	NOUN
ajeer-1274	144	14	index	index	NOUN
ajeer-1274	144	15	and	and	CCONJ
ajeer-1274	144	16	broad	broad	ADJ
ajeer-1274	144	17	money	money	NOUN
ajeer-1274	144	18	supply	supply	NOUN
ajeer-1274	144	19	as	as	ADP
ajeer-1274	144	20	determinants	determinant	NOUN
ajeer-1274	144	21	of	of	ADP
ajeer-1274	144	22	foreign	foreign	ADJ
ajeer-1274	144	23	debt	debt	NOUN
ajeer-1274	144	24	in	in	ADP
ajeer-1274	144	25	malaysia	malaysia	PROPN
ajeer-1274	144	26	.	.	PUNCT
ajeer-1274	145	1	time	time	PROPN
ajeer-1274	145	2	series	series	PROPN
ajeer-1274	145	3	data	datum	NOUN
ajeer-1274	145	4	spanning	span	VERB
ajeer-1274	145	5	1970	1970	NUM
ajeer-1274	145	6	to	to	ADP
ajeer-1274	145	7	2013	2013	NUM
ajeer-1274	145	8	was	be	AUX
ajeer-1274	145	9	collated	collate	VERB
ajeer-1274	145	10	for	for	ADP
ajeer-1274	145	11	the	the	DET
ajeer-1274	145	12	empirical	empirical	ADJ
ajeer-1274	145	13	analysis	analysis	NOUN
ajeer-1274	145	14	.	.	PUNCT
ajeer-1274	146	1	the	the	DET
ajeer-1274	146	2	ordinary	ordinary	ADJ
ajeer-1274	146	3	least	least	ADJ
ajeer-1274	146	4	square	square	ADJ
ajeer-1274	146	5	technique	technique	NOUN
ajeer-1274	146	6	and	and	CCONJ
ajeer-1274	146	7	variance	variance	NOUN
ajeer-1274	146	8	decomposition	decomposition	NOUN
ajeer-1274	146	9	was	be	AUX
ajeer-1274	146	10	used	use	VERB
ajeer-1274	146	11	to	to	PART
ajeer-1274	146	12	estimate	estimate	VERB
ajeer-1274	146	13	that	that	DET
ajeer-1274	146	14	data	datum	NOUN
ajeer-1274	146	15	.	.	PUNCT
ajeer-1274	147	1	findings	finding	NOUN
ajeer-1274	147	2	from	from	ADP
ajeer-1274	147	3	the	the	DET
ajeer-1274	147	4	study	study	NOUN
ajeer-1274	147	5	show	show	VERB
ajeer-1274	147	6	that	that	SCONJ
ajeer-1274	147	7	there	there	PRON
ajeer-1274	147	8	is	be	VERB
ajeer-1274	147	9	a	a	DET
ajeer-1274	147	10	long	long	ADJ
ajeer-1274	147	11	term	term	NOUN
ajeer-1274	147	12	equilibrium	equilibrium	NOUN
ajeer-1274	147	13	relationship	relationship	NOUN
ajeer-1274	147	14	between	between	ADP
ajeer-1274	147	15	the	the	DET
ajeer-1274	147	16	independent	independent	ADJ
ajeer-1274	147	17	variables	variable	NOUN
ajeer-1274	147	18	and	and	CCONJ
ajeer-1274	147	19	the	the	DET
ajeer-1274	147	20	dependent	dependent	ADJ
ajeer-1274	147	21	measure	measure	NOUN
ajeer-1274	147	22	of	of	ADP
ajeer-1274	147	23	the	the	DET
ajeer-1274	147	24	study	study	NOUN
ajeer-1274	147	25	.	.	PUNCT
ajeer-1274	148	1	furthermore	furthermore	ADV
ajeer-1274	148	2	,	,	PUNCT
ajeer-1274	148	3	the	the	DET
ajeer-1274	148	4	study	study	NOUN
ajeer-1274	148	5	found	find	VERB
ajeer-1274	148	6	that	that	SCONJ
ajeer-1274	148	7	real	real	ADJ
ajeer-1274	148	8	interest	interest	NOUN
ajeer-1274	148	9	rate	rate	NOUN
ajeer-1274	148	10	has	have	VERB
ajeer-1274	148	11	a	a	DET
ajeer-1274	148	12	short	short	ADJ
ajeer-1274	148	13	term	term	NOUN
ajeer-1274	148	14	nexus	nexus	NOUN
ajeer-1274	148	15	with	with	ADP
ajeer-1274	148	16	external	external	ADJ
ajeer-1274	148	17	debt	debt	NOUN
ajeer-1274	148	18	.	.	PUNCT
ajeer-1274	149	1	also	also	ADV
ajeer-1274	149	2	,	,	PUNCT
ajeer-1274	149	3	the	the	DET
ajeer-1274	149	4	variance	variance	NOUN
ajeer-1274	149	5	analysis	analysis	NOUN
ajeer-1274	149	6	indicate	indicate	VERB
ajeer-1274	149	7	that	that	SCONJ
ajeer-1274	149	8	real	real	ADJ
ajeer-1274	149	9	interest	interest	NOUN
ajeer-1274	149	10	rate	rate	NOUN
ajeer-1274	149	11	was	be	AUX
ajeer-1274	149	12	more	more	ADV
ajeer-1274	149	13	potent	potent	ADJ
ajeer-1274	149	14	exogenous	exogenous	ADJ
ajeer-1274	149	15	variable	variable	NOUN
ajeer-1274	149	16	than	than	ADP
ajeer-1274	149	17	the	the	DET
ajeer-1274	149	18	other	other	ADJ
ajeer-1274	149	19	factors	factor	NOUN
ajeer-1274	149	20	,	,	PUNCT
ajeer-1274	149	21	whereas	whereas	SCONJ
ajeer-1274	149	22	,	,	PUNCT
ajeer-1274	149	23	consumer	consumer	NOUN
ajeer-1274	149	24	price	price	NOUN
ajeer-1274	149	25	index	index	NOUN
ajeer-1274	149	26	was	be	AUX
ajeer-1274	149	27	found	find	VERB
ajeer-1274	149	28	to	to	PART
ajeer-1274	149	29	be	be	AUX
ajeer-1274	149	30	more	more	ADV
ajeer-1274	149	31	potent	potent	ADJ
ajeer-1274	149	32	endogenous	endogenous	ADJ
ajeer-1274	149	33	variable	variable	NOUN
ajeer-1274	149	34	amongst	amongst	ADP
ajeer-1274	149	35	the	the	DET
ajeer-1274	149	36	variables	variable	NOUN
ajeer-1274	149	37	of	of	ADP
ajeer-1274	149	38	the	the	DET
ajeer-1274	149	39	study	study	NOUN
ajeer-1274	149	40	.	.	PUNCT
ajeer-1274	150	1	olomola	olomola	PROPN
ajeer-1274	150	2	and	and	CCONJ
ajeer-1274	150	3	ajayi	ajayi	NOUN
ajeer-1274	150	4	(	(	PUNCT
ajeer-1274	150	5	2018	2018	NUM
ajeer-1274	150	6	)	)	PUNCT
ajeer-1274	150	7	investigated	investigate	VERB
ajeer-1274	150	8	the	the	DET
ajeer-1274	150	9	factors	factor	NOUN
ajeer-1274	150	10	affecting	affect	VERB
ajeer-1274	150	11	the	the	DET
ajeer-1274	150	12	foreign	foreign	ADJ
ajeer-1274	150	13	exchange	exchange	NOUN
ajeer-1274	150	14	reserves	reserve	NOUN
ajeer-1274	150	15	in	in	ADP
ajeer-1274	150	16	west	west	ADJ
ajeer-1274	150	17	african	african	ADJ
ajeer-1274	150	18	states	state	NOUN
ajeer-1274	150	19	.	.	PUNCT
ajeer-1274	151	1	the	the	DET
ajeer-1274	151	2	study	study	NOUN
ajeer-1274	151	3	hypothesized	hypothesize	VERB
ajeer-1274	151	4	population	population	NOUN
ajeer-1274	151	5	,	,	PUNCT
ajeer-1274	151	6	constant	constant	ADJ
ajeer-1274	151	7	gdp	gdp	NOUN
ajeer-1274	151	8	per	per	ADP
ajeer-1274	151	9	capita	capita	NOUN
ajeer-1274	151	10	,	,	PUNCT
ajeer-1274	151	11	constant	constant	ADJ
ajeer-1274	151	12	exports	export	NOUN
ajeer-1274	151	13	receipts	receipt	NOUN
ajeer-1274	151	14	,	,	PUNCT
ajeer-1274	151	15	percentage	percentage	NOUN
ajeer-1274	151	16	of	of	ADP
ajeer-1274	151	17	imports	import	NOUN
ajeer-1274	151	18	to	to	ADP
ajeer-1274	151	19	gdp	gdp	NOUN
ajeer-1274	151	20	and	and	CCONJ
ajeer-1274	151	21	nominal	nominal	ADJ
ajeer-1274	151	22	exchange	exchange	NOUN
ajeer-1274	151	23	rate	rate	NOUN
ajeer-1274	151	24	.	.	PUNCT
ajeer-1274	152	1	historical	historical	ADJ
ajeer-1274	152	2	data	datum	NOUN
ajeer-1274	152	3	was	be	AUX
ajeer-1274	152	4	collated	collate	VERB
ajeer-1274	152	5	for	for	ADP
ajeer-1274	152	6	the	the	DET
ajeer-1274	152	7	estimation	estimation	NOUN
ajeer-1274	152	8	using	use	VERB
ajeer-1274	152	9	the	the	DET
ajeer-1274	152	10	ordinary	ordinary	ADJ
ajeer-1274	152	11	least	least	ADJ
ajeer-1274	152	12	square	square	ADJ
ajeer-1274	152	13	technique	technique	NOUN
ajeer-1274	152	14	.	.	PUNCT
ajeer-1274	153	1	it	it	PRON
ajeer-1274	153	2	emerged	emerge	VERB
ajeer-1274	153	3	that	that	SCONJ
ajeer-1274	153	4	population	population	NOUN
ajeer-1274	153	5	,	,	PUNCT
ajeer-1274	153	6	gdp	gdp	NOUN
ajeer-1274	153	7	per	per	ADP
ajeer-1274	153	8	capita	capita	NOUN
ajeer-1274	153	9	,	,	PUNCT
ajeer-1274	153	10	export	export	NOUN
ajeer-1274	153	11	receipts	receipt	NOUN
ajeer-1274	153	12	exert	exert	VERB
ajeer-1274	153	13	positive	positive	ADJ
ajeer-1274	153	14	and	and	CCONJ
ajeer-1274	153	15	significant	significant	ADJ
ajeer-1274	153	16	impact	impact	NOUN
ajeer-1274	153	17	on	on	ADP
ajeer-1274	153	18	international	international	ADJ
ajeer-1274	153	19	reserves	reserve	NOUN
ajeer-1274	153	20	.	.	PUNCT
ajeer-1274	154	1	the	the	DET
ajeer-1274	154	2	estimates	estimate	NOUN
ajeer-1274	154	3	further	far	ADV
ajeer-1274	154	4	show	show	VERB
ajeer-1274	154	5	that	that	SCONJ
ajeer-1274	154	6	the	the	DET
ajeer-1274	154	7	ratio	ratio	NOUN
ajeer-1274	154	8	of	of	ADP
ajeer-1274	154	9	import	import	NOUN
ajeer-1274	154	10	to	to	ADP
ajeer-1274	154	11	gdp	gdp	NOUN
ajeer-1274	154	12	and	and	CCONJ
ajeer-1274	154	13	nominal	nominal	ADJ
ajeer-1274	154	14	exchange	exchange	NOUN
ajeer-1274	154	15	rate	rate	NOUN
ajeer-1274	154	16	exerts	exert	VERB
ajeer-1274	154	17	a	a	DET
ajeer-1274	154	18	negative	negative	ADJ
ajeer-1274	154	19	but	but	CCONJ
ajeer-1274	154	20	significant	significant	ADJ
ajeer-1274	154	21	impact	impact	NOUN
ajeer-1274	154	22	on	on	ADP
ajeer-1274	154	23	foreign	foreign	ADJ
ajeer-1274	154	24	exchange	exchange	NOUN
ajeer-1274	154	25	reserves	reserve	NOUN
ajeer-1274	154	26	.	.	PUNCT
ajeer-1274	155	1	similarly	similarly	ADV
ajeer-1274	155	2	,	,	PUNCT
ajeer-1274	155	3	osigwe	osigwe	PROPN
ajeer-1274	155	4	et	et	PROPN
ajeer-1274	155	5	al	al	PROPN
ajeer-1274	155	6	.	.	PROPN
ajeer-1274	156	1	(	(	PUNCT
ajeer-1274	156	2	2015	2015	NUM
ajeer-1274	156	3	)	)	PUNCT
ajeer-1274	156	4	appraised	appraise	VERB
ajeer-1274	156	5	the	the	DET
ajeer-1274	156	6	factors	factor	NOUN
ajeer-1274	156	7	determining	determine	VERB
ajeer-1274	156	8	external	external	ADJ
ajeer-1274	156	9	reserve	reserve	NOUN
ajeer-1274	156	10	portfolios	portfolio	NOUN
ajeer-1274	156	11	of	of	ADP
ajeer-1274	156	12	nigeria	nigeria	PROPN
ajeer-1274	156	13	.	.	PUNCT
ajeer-1274	157	1	the	the	DET
ajeer-1274	157	2	study	study	NOUN
ajeer-1274	157	3	theorized	theorize	VERB
ajeer-1274	157	4	that	that	SCONJ
ajeer-1274	157	5	the	the	DET
ajeer-1274	157	6	reserve	reserve	PROPN
ajeer-1274	157	7	portfolio	portfolio	NOUN
ajeer-1274	157	8	of	of	ADP
ajeer-1274	157	9	the	the	DET
ajeer-1274	157	10	country	country	NOUN
ajeer-1274	157	11	is	be	AUX
ajeer-1274	157	12	determined	determine	VERB
ajeer-1274	157	13	by	by	ADP
ajeer-1274	157	14	foreign	foreign	ADJ
ajeer-1274	157	15	exchange	exchange	NOUN
ajeer-1274	157	16	rate	rate	NOUN
ajeer-1274	157	17	,	,	PUNCT
ajeer-1274	157	18	crude	crude	ADJ
ajeer-1274	157	19	oil	oil	NOUN
ajeer-1274	157	20	exports	export	NOUN
ajeer-1274	157	21	,	,	PUNCT
ajeer-1274	157	22	foreign	foreign	ADJ
ajeer-1274	157	23	direct	direct	ADJ
ajeer-1274	157	24	inflows	inflow	NOUN
ajeer-1274	157	25	,	,	PUNCT
ajeer-1274	157	26	real	real	ADJ
ajeer-1274	157	27	national	national	ADJ
ajeer-1274	157	28	output	output	NOUN
ajeer-1274	157	29	,	,	PUNCT
ajeer-1274	157	30	lending	lend	VERB
ajeer-1274	157	31	interest	interest	NOUN
ajeer-1274	157	32	rate	rate	NOUN
ajeer-1274	157	33	,	,	PUNCT
ajeer-1274	157	34	consumer	consumer	NOUN
ajeer-1274	157	35	price	price	NOUN
ajeer-1274	157	36	index	index	NOUN
ajeer-1274	157	37	and	and	CCONJ
ajeer-1274	157	38	non	non	ADJ
ajeer-1274	157	39	-	-	ADJ
ajeer-1274	157	40	oil	oil	NOUN
ajeer-1274	157	41	exports	export	NOUN
ajeer-1274	157	42	.	.	PUNCT
ajeer-1274	158	1	to	to	PART
ajeer-1274	158	2	avoid	avoid	VERB
ajeer-1274	158	3	spurious	spurious	ADJ
ajeer-1274	158	4	results	result	NOUN
ajeer-1274	158	5	,	,	PUNCT
ajeer-1274	158	6	the	the	DET
ajeer-1274	158	7	augmented	augment	VERB
ajeer-1274	158	8	dickey	dickey	PROPN
ajeer-1274	158	9	fuller	full	ADJ
ajeer-1274	158	10	test	test	NOUN
ajeer-1274	158	11	to	to	PART
ajeer-1274	158	12	stabilize	stabilize	VERB
ajeer-1274	158	13	the	the	DET
ajeer-1274	158	14	series	series	NOUN
ajeer-1274	158	15	.	.	PUNCT
ajeer-1274	159	1	the	the	DET
ajeer-1274	159	2	ordinary	ordinary	ADJ
ajeer-1274	159	3	least	least	ADJ
ajeer-1274	159	4	square	square	NOUN
ajeer-1274	159	5	was	be	AUX
ajeer-1274	159	6	used	use	VERB
ajeer-1274	159	7	to	to	PART
ajeer-1274	159	8	estimate	estimate	VERB
ajeer-1274	159	9	the	the	DET
ajeer-1274	159	10	data	datum	NOUN
ajeer-1274	159	11	.	.	PUNCT
ajeer-1274	160	1	the	the	DET
ajeer-1274	160	2	estimates	estimate	NOUN
ajeer-1274	160	3	indicate	indicate	VERB
ajeer-1274	160	4	that	that	SCONJ
ajeer-1274	160	5	national	national	ADJ
ajeer-1274	160	6	output	output	NOUN
ajeer-1274	160	7	,	,	PUNCT
ajeer-1274	160	8	oil	oil	NOUN
ajeer-1274	160	9	export	export	NOUN
ajeer-1274	160	10	and	and	CCONJ
ajeer-1274	160	11	foreign	foreign	ADJ
ajeer-1274	160	12	direct	direct	ADJ
ajeer-1274	160	13	investments	investment	NOUN
ajeer-1274	160	14	have	have	VERB
ajeer-1274	160	15	a	a	DET
ajeer-1274	160	16	linear	linear	ADJ
ajeer-1274	160	17	and	and	CCONJ
ajeer-1274	160	18	significant	significant	ADJ
ajeer-1274	160	19	influence	influence	NOUN
ajeer-1274	160	20	on	on	ADP
ajeer-1274	160	21	foreign	foreign	ADJ
ajeer-1274	160	22	reserves	reserve	NOUN
ajeer-1274	160	23	.	.	PUNCT
ajeer-1274	161	1	exchange	exchange	NOUN
ajeer-1274	161	2	rate	rate	NOUN
ajeer-1274	161	3	and	and	CCONJ
ajeer-1274	161	4	inflation	inflation	NOUN
ajeer-1274	161	5	were	be	AUX
ajeer-1274	161	6	found	find	VERB
ajeer-1274	161	7	to	to	PART
ajeer-1274	161	8	be	be	AUX
ajeer-1274	161	9	negative	negative	ADJ
ajeer-1274	161	10	and	and	CCONJ
ajeer-1274	161	11	significant	significant	ADJ
ajeer-1274	161	12	determinants	determinant	NOUN
ajeer-1274	161	13	of	of	ADP
ajeer-1274	161	14	international	international	ADJ
ajeer-1274	161	15	reserves	reserve	NOUN
ajeer-1274	161	16	.	.	PUNCT
ajeer-1274	162	1	furthermore	furthermore	ADV
ajeer-1274	162	2	,	,	PUNCT
ajeer-1274	162	3	lending	lending	NOUN
ajeer-1274	162	4	interest	interest	NOUN
ajeer-1274	162	5	was	be	AUX
ajeer-1274	162	6	found	find	VERB
ajeer-1274	162	7	to	to	PART
ajeer-1274	162	8	be	be	AUX
ajeer-1274	162	9	nonlinear	nonlinear	ADJ
ajeer-1274	162	10	and	and	CCONJ
ajeer-1274	162	11	statistically	statistically	ADV
ajeer-1274	162	12	insignificant	insignificant	ADJ
ajeer-1274	162	13	influence	influence	NOUN
ajeer-1274	162	14	on	on	ADP
ajeer-1274	162	15	external	external	ADJ
ajeer-1274	162	16	reserves	reserve	NOUN
ajeer-1274	162	17	.	.	PUNCT
ajeer-1274	163	1	the	the	DET
ajeer-1274	163	2	study	study	NOUN
ajeer-1274	163	3	concludes	conclude	VERB
ajeer-1274	163	4	that	that	SCONJ
ajeer-1274	163	5	gdp	gdp	NOUN
ajeer-1274	163	6	,	,	PUNCT
ajeer-1274	163	7	oil	oil	NOUN
ajeer-1274	163	8	exports	export	NOUN
ajeer-1274	163	9	and	and	CCONJ
ajeer-1274	163	10	foreign	foreign	ADJ
ajeer-1274	163	11	capital	capital	NOUN
ajeer-1274	163	12	inflow	inflow	NOUN
ajeer-1274	163	13	as	as	ADP
ajeer-1274	163	14	the	the	DET
ajeer-1274	163	15	determinants	determinant	NOUN
ajeer-1274	163	16	of	of	ADP
ajeer-1274	163	17	international	international	ADJ
ajeer-1274	163	18	reserves	reserve	NOUN
ajeer-1274	163	19	in	in	ADP
ajeer-1274	163	20	nigeria	nigeria	PROPN
ajeer-1274	163	21	.	.	PUNCT
ajeer-1274	164	1	in	in	ADP
ajeer-1274	164	2	another	another	DET
ajeer-1274	164	3	study	study	NOUN
ajeer-1274	164	4	on	on	ADP
ajeer-1274	164	5	the	the	DET
ajeer-1274	164	6	determinants	determinant	NOUN
ajeer-1274	164	7	of	of	ADP
ajeer-1274	164	8	international	international	ADJ
ajeer-1274	164	9	reserve	reserve	NOUN
ajeer-1274	164	10	holdings	holding	NOUN
ajeer-1274	164	11	of	of	ADP
ajeer-1274	164	12	nigeria	nigeria	PROPN
ajeer-1274	164	13	by	by	ADP
ajeer-1274	164	14	akamobi	akamobi	NOUN
ajeer-1274	164	15	and	and	CCONJ
ajeer-1274	164	16	ugwunna	ugwunna	ADJ
ajeer-1274	164	17	(	(	PUNCT
ajeer-1274	164	18	2017	2017	NUM
ajeer-1274	164	19	)	)	PUNCT
ajeer-1274	164	20	.	.	PUNCT
ajeer-1274	165	1	the	the	DET
ajeer-1274	165	2	authors	author	NOUN
ajeer-1274	165	3	holds	hold	VERB
ajeer-1274	165	4	that	that	SCONJ
ajeer-1274	165	5	the	the	DET
ajeer-1274	165	6	factors	factor	NOUN
ajeer-1274	165	7	affecting	affect	VERB
ajeer-1274	165	8	nigeria	nigeria	PROPN
ajeer-1274	165	9	’s	’s	PART
ajeer-1274	165	10	international	international	ADJ
ajeer-1274	165	11	reserves	reserve	NOUN
ajeer-1274	165	12	are	be	AUX
ajeer-1274	165	13	real	real	ADJ
ajeer-1274	165	14	national	national	ADJ
ajeer-1274	165	15	income	income	NOUN
ajeer-1274	165	16	,	,	PUNCT
ajeer-1274	165	17	inflation	inflation	NOUN
ajeer-1274	165	18	rate	rate	NOUN
ajeer-1274	165	19	,	,	PUNCT
ajeer-1274	165	20	lending	lending	NOUN
ajeer-1274	165	21	interest	interest	NOUN
ajeer-1274	165	22	rate	rate	NOUN
ajeer-1274	165	23	,	,	PUNCT
ajeer-1274	165	24	nominal	nominal	ADJ
ajeer-1274	165	25	foreign	foreign	ADJ
ajeer-1274	165	26	exchange	exchange	NOUN
ajeer-1274	165	27	rate	rate	NOUN
ajeer-1274	165	28	,	,	PUNCT
ajeer-1274	165	29	crude	crude	ADJ
ajeer-1274	165	30	oil	oil	NOUN
ajeer-1274	165	31	prices	price	NOUN
ajeer-1274	165	32	and	and	CCONJ
ajeer-1274	165	33	domestic	domestic	ADJ
ajeer-1274	165	34	credit	credit	NOUN
ajeer-1274	165	35	in	in	ADP
ajeer-1274	165	36	the	the	DET
ajeer-1274	165	37	economy	economy	NOUN
ajeer-1274	165	38	.	.	PUNCT
ajeer-1274	166	1	they	they	PRON
ajeer-1274	166	2	collated	collate	VERB
ajeer-1274	166	3	time	time	NOUN
ajeer-1274	166	4	series	series	PROPN
ajeer-1274	166	5	data	datum	NOUN
ajeer-1274	166	6	spanning	span	VERB
ajeer-1274	166	7	1970	1970	NUM
ajeer-1274	166	8	to	to	ADP
ajeer-1274	166	9	2013	2013	NUM
ajeer-1274	166	10	to	to	PART
ajeer-1274	166	11	empirically	empirically	ADV
ajeer-1274	166	12	ascertain	ascertain	VERB
ajeer-1274	166	13	their	their	PRON
ajeer-1274	166	14	theoretical	theoretical	ADJ
ajeer-1274	166	15	position	position	NOUN
ajeer-1274	166	16	.	.	PUNCT
ajeer-1274	167	1	in	in	ADP
ajeer-1274	167	2	order	order	NOUN
ajeer-1274	167	3	to	to	PART
ajeer-1274	167	4	absolve	absolve	VERB
ajeer-1274	167	5	the	the	DET
ajeer-1274	167	6	long	long	ADJ
ajeer-1274	167	7	run	run	NOUN
ajeer-1274	167	8	and	and	CCONJ
ajeer-1274	167	9	short	short	ADJ
ajeer-1274	167	10	term	term	NOUN
ajeer-1274	167	11	dynamics	dynamic	NOUN
ajeer-1274	167	12	established	establish	VERB
ajeer-1274	167	13	using	use	VERB
ajeer-1274	167	14	the	the	DET
ajeer-1274	167	15	cointegration	cointegration	NOUN
ajeer-1274	167	16	test	test	NOUN
ajeer-1274	167	17	,	,	PUNCT
ajeer-1274	167	18	the	the	DET
ajeer-1274	167	19	error	error	NOUN
ajeer-1274	167	20	correction	correction	NOUN
ajeer-1274	167	21	technique	technique	NOUN
ajeer-1274	167	22	was	be	AUX
ajeer-1274	167	23	employed	employ	VERB
ajeer-1274	167	24	.	.	PUNCT
ajeer-1274	168	1	the	the	DET
ajeer-1274	168	2	estimates	estimate	NOUN
ajeer-1274	168	3	from	from	ADP
ajeer-1274	168	4	the	the	DET
ajeer-1274	168	5	analytical	analytical	ADJ
ajeer-1274	168	6	tool	tool	NOUN
ajeer-1274	168	7	show	show	VERB
ajeer-1274	168	8	that	that	SCONJ
ajeer-1274	168	9	international	international	ADJ
ajeer-1274	168	10	crude	crude	ADJ
ajeer-1274	168	11	oil	oil	NOUN
ajeer-1274	168	12	prices	price	NOUN
ajeer-1274	168	13	and	and	CCONJ
ajeer-1274	168	14	the	the	DET
ajeer-1274	168	15	supply	supply	NOUN
ajeer-1274	168	16	of	of	ADP
ajeer-1274	168	17	credit	credit	NOUN
ajeer-1274	168	18	as	as	ADP
ajeer-1274	168	19	the	the	DET
ajeer-1274	168	20	key	key	ADJ
ajeer-1274	168	21	determinants	determinant	NOUN
ajeer-1274	168	22	of	of	ADP
ajeer-1274	168	23	nigeria	nigeria	PROPN
ajeer-1274	168	24	’s	’s	PART
ajeer-1274	168	25	external	external	ADJ
ajeer-1274	168	26	reserves	reserve	NOUN
ajeer-1274	168	27	.	.	PUNCT
ajeer-1274	169	1	however	however	ADV
ajeer-1274	169	2	,	,	PUNCT
ajeer-1274	169	3	the	the	DET
ajeer-1274	169	4	other	other	ADJ
ajeer-1274	169	5	independent	independent	ADJ
ajeer-1274	169	6	variables	variable	NOUN
ajeer-1274	169	7	were	be	AUX
ajeer-1274	169	8	found	find	VERB
ajeer-1274	169	9	to	to	PART
ajeer-1274	169	10	be	be	AUX
ajeer-1274	169	11	determinants	determinant	NOUN
ajeer-1274	169	12	of	of	ADP
ajeer-1274	169	13	external	external	ADJ
ajeer-1274	169	14	reserves	reserve	NOUN
ajeer-1274	169	15	in	in	ADP
ajeer-1274	169	16	the	the	DET
ajeer-1274	169	17	long	long	ADJ
ajeer-1274	169	18	run	run	NOUN
ajeer-1274	169	19	,	,	PUNCT
ajeer-1274	169	20	meaning	mean	VERB
ajeer-1274	169	21	the	the	DET
ajeer-1274	169	22	effect	effect	NOUN
ajeer-1274	169	23	they	they	PRON
ajeer-1274	169	24	exert	exert	VERB
ajeer-1274	169	25	reserve	reserve	NOUN
ajeer-1274	169	26	accumulation	accumulation	NOUN
ajeer-1274	169	27	is	be	AUX
ajeer-1274	169	28	built	build	VERB
ajeer-1274	169	29	over	over	ADP
ajeer-1274	169	30	a	a	DET
ajeer-1274	169	31	long	long	ADJ
ajeer-1274	169	32	period	period	NOUN
ajeer-1274	169	33	of	of	ADP
ajeer-1274	169	34	time	time	NOUN
ajeer-1274	169	35	.	.	PUNCT
ajeer-1274	170	1	4	4	X
ajeer-1274	170	2	.	.	X
ajeer-1274	170	3	methodology	methodology	NOUN
ajeer-1274	170	4	4.1	4.1	NUM
ajeer-1274	170	5	.	.	PUNCT
ajeer-1274	171	1	research	research	NOUN
ajeer-1274	171	2	design	design	NOUN
ajeer-1274	171	3	the	the	DET
ajeer-1274	171	4	study	study	NOUN
ajeer-1274	171	5	adopted	adopt	VERB
ajeer-1274	171	6	the	the	PRON
ajeer-1274	171	7	after	after	ADP
ajeer-1274	171	8	effect	effect	NOUN
ajeer-1274	171	9	research	research	NOUN
ajeer-1274	171	10	design	design	NOUN
ajeer-1274	171	11	(	(	PUNCT
ajeer-1274	171	12	also	also	ADV
ajeer-1274	171	13	known	know	VERB
ajeer-1274	171	14	as	as	ADP
ajeer-1274	171	15	the	the	DET
ajeer-1274	171	16	ex	ex	ADJ
ajeer-1274	171	17	post	post	X
ajeer-1274	171	18	facto	facto	X
ajeer-1274	171	19	research	research	NOUN
ajeer-1274	171	20	design	design	NOUN
ajeer-1274	171	21	)	)	PUNCT
ajeer-1274	171	22	.	.	PUNCT
ajeer-1274	172	1	the	the	DET
ajeer-1274	172	2	choice	choice	NOUN
ajeer-1274	172	3	of	of	ADP
ajeer-1274	172	4	this	this	DET
ajeer-1274	172	5	design	design	NOUN
ajeer-1274	172	6	is	be	AUX
ajeer-1274	172	7	anchored	anchor	VERB
ajeer-1274	172	8	on	on	ADP
ajeer-1274	172	9	the	the	DET
ajeer-1274	172	10	fact	fact	NOUN
ajeer-1274	172	11	that	that	SCONJ
ajeer-1274	172	12	the	the	DET
ajeer-1274	172	13	researcher	researcher	NOUN
ajeer-1274	172	14	has	have	AUX
ajeer-1274	172	15	no	no	DET
ajeer-1274	172	16	direct	direct	ADJ
ajeer-1274	172	17	or	or	CCONJ
ajeer-1274	172	18	indirect	indirect	ADJ
ajeer-1274	172	19	control	control	NOUN
ajeer-1274	172	20	over	over	ADP
ajeer-1274	172	21	the	the	DET
ajeer-1274	172	22	behaviour	behaviour	NOUN
ajeer-1274	172	23	of	of	ADP
ajeer-1274	172	24	the	the	DET
ajeer-1274	172	25	phenomenon	phenomenon	NOUN
ajeer-1274	172	26	in	in	ADP
ajeer-1274	172	27	the	the	DET
ajeer-1274	172	28	past	past	NOUN
ajeer-1274	172	29	.	.	PUNCT
ajeer-1274	173	1	thus	thus	ADV
ajeer-1274	173	2	,	,	PUNCT
ajeer-1274	173	3	the	the	DET
ajeer-1274	173	4	study	study	NOUN
ajeer-1274	173	5	used	use	VERB
ajeer-1274	173	6	historical	historical	ADJ
ajeer-1274	173	7	data	datum	NOUN
ajeer-1274	173	8	to	to	PART
ajeer-1274	173	9	mimic	mimic	VERB
ajeer-1274	173	10	and	and	CCONJ
ajeer-1274	173	11	investigate	investigate	VERB
ajeer-1274	173	12	the	the	DET
ajeer-1274	173	13	interaction	interaction	NOUN
ajeer-1274	173	14	of	of	ADP
ajeer-1274	173	15	these	these	DET
ajeer-1274	173	16	variables	variable	NOUN
ajeer-1274	173	17	spanning	span	VERB
ajeer-1274	173	18	1981	1981	NUM
ajeer-1274	173	19	to	to	ADP
ajeer-1274	173	20	2018	2018	NUM
ajeer-1274	173	21	,	,	PUNCT
ajeer-1274	173	22	a	a	DET
ajeer-1274	173	23	37	37	NUM
ajeer-1274	173	24	years	year	NOUN
ajeer-1274	173	25	period	period	NOUN
ajeer-1274	173	26	in	in	ADP
ajeer-1274	173	27	retrospect	retrospect	NOUN
ajeer-1274	173	28	.	.	PUNCT
ajeer-1274	174	1	4.2	4.2	NUM
ajeer-1274	174	2	.	.	PUNCT
ajeer-1274	174	3	source	source	NOUN
ajeer-1274	174	4	and	and	CCONJ
ajeer-1274	174	5	nature	nature	NOUN
ajeer-1274	174	6	of	of	ADP
ajeer-1274	174	7	data	datum	NOUN
ajeer-1274	174	8	data	datum	NOUN
ajeer-1274	174	9	for	for	ADP
ajeer-1274	174	10	the	the	DET
ajeer-1274	174	11	study	study	NOUN
ajeer-1274	174	12	was	be	AUX
ajeer-1274	174	13	collated	collate	VERB
ajeer-1274	174	14	from	from	ADP
ajeer-1274	174	15	the	the	DET
ajeer-1274	174	16	world	world	NOUN
ajeer-1274	174	17	development	development	NOUN
ajeer-1274	174	18	indicators	indicator	NOUN
ajeer-1274	174	19	.	.	PUNCT
ajeer-1274	175	1	this	this	PRON
ajeer-1274	175	2	implies	imply	VERB
ajeer-1274	175	3	that	that	SCONJ
ajeer-1274	175	4	the	the	DET
ajeer-1274	175	5	data	datum	NOUN
ajeer-1274	175	6	for	for	ADP
ajeer-1274	175	7	the	the	DET
ajeer-1274	175	8	study	study	NOUN
ajeer-1274	175	9	was	be	AUX
ajeer-1274	175	10	collated	collate	VERB
ajeer-1274	175	11	from	from	ADP
ajeer-1274	175	12	a	a	DET
ajeer-1274	175	13	secondary	secondary	ADJ
ajeer-1274	175	14	source	source	NOUN
ajeer-1274	175	15	.	.	PUNCT
ajeer-1274	176	1	the	the	DET
ajeer-1274	176	2	nature	nature	NOUN
ajeer-1274	176	3	of	of	ADP
ajeer-1274	176	4	data	datum	NOUN
ajeer-1274	176	5	collated	collate	VERB
ajeer-1274	176	6	for	for	ADP
ajeer-1274	176	7	the	the	DET
ajeer-1274	176	8	study	study	NOUN
ajeer-1274	176	9	is	be	AUX
ajeer-1274	176	10	time	time	NOUN
ajeer-1274	176	11	series	series	PROPN
ajeer-1274	176	12	data	datum	NOUN
ajeer-1274	176	13	covering	cover	VERB
ajeer-1274	176	14	1981	1981	NUM
ajeer-1274	176	15	to	to	ADP
ajeer-1274	176	16	2018	2018	NUM
ajeer-1274	176	17	.	.	PUNCT
ajeer-1274	177	1	asian	asian	ADJ
ajeer-1274	177	2	journal	journal	PROPN
ajeer-1274	177	3	of	of	ADP
ajeer-1274	177	4	economics	economic	NOUN
ajeer-1274	177	5	and	and	CCONJ
ajeer-1274	177	6	empirical	empirical	ADJ
ajeer-1274	177	7	research	research	NOUN
ajeer-1274	177	8	,	,	PUNCT
ajeer-1274	177	9	2020	2020	NUM
ajeer-1274	177	10	,	,	PUNCT
ajeer-1274	177	11	7(1	7(1	NUM
ajeer-1274	177	12	):	):	PUNCT
ajeer-1274	177	13	1	1	NUM
ajeer-1274	177	14	-	-	SYM
ajeer-1274	177	15	7	7	NUM
ajeer-1274	177	16	5	5	NUM
ajeer-1274	177	17	©	©	PROPN
ajeer-1274	177	18	2020	2020	NUM
ajeer-1274	177	19	by	by	ADP
ajeer-1274	177	20	the	the	DET
ajeer-1274	177	21	authors	author	NOUN
ajeer-1274	177	22	;	;	PUNCT
ajeer-1274	177	23	licensee	licensee	PROPN
ajeer-1274	177	24	asian	asian	ADJ
ajeer-1274	177	25	online	online	PROPN
ajeer-1274	177	26	journal	journal	PROPN
ajeer-1274	177	27	publishing	publishing	PROPN
ajeer-1274	177	28	group	group	PROPN
ajeer-1274	177	29	4.3	4.3	NUM
ajeer-1274	177	30	.	.	PUNCT
ajeer-1274	177	31	model	model	PROPN
ajeer-1274	177	32	specification	specification	NOUN
ajeer-1274	177	33	the	the	DET
ajeer-1274	177	34	model	model	NOUN
ajeer-1274	177	35	for	for	ADP
ajeer-1274	177	36	this	this	DET
ajeer-1274	177	37	study	study	NOUN
ajeer-1274	177	38	is	be	AUX
ajeer-1274	177	39	built	build	VERB
ajeer-1274	177	40	following	follow	VERB
ajeer-1274	177	41	closely	closely	ADV
ajeer-1274	177	42	to	to	PART
ajeer-1274	177	43	extant	extant	VERB
ajeer-1274	177	44	literature	literature	NOUN
ajeer-1274	177	45	on	on	ADP
ajeer-1274	177	46	external	external	ADJ
ajeer-1274	177	47	debt	debt	NOUN
ajeer-1274	177	48	and	and	CCONJ
ajeer-1274	177	49	international	international	ADJ
ajeer-1274	177	50	reserves	reserve	NOUN
ajeer-1274	177	51	reviewed	review	VERB
ajeer-1274	177	52	in	in	ADP
ajeer-1274	177	53	this	this	DET
ajeer-1274	177	54	study	study	NOUN
ajeer-1274	177	55	.	.	PUNCT
ajeer-1274	178	1	however	however	ADV
ajeer-1274	178	2	,	,	PUNCT
ajeer-1274	178	3	the	the	DET
ajeer-1274	178	4	study	study	NOUN
ajeer-1274	178	5	introduced	introduce	VERB
ajeer-1274	178	6	exchange	exchange	NOUN
ajeer-1274	178	7	rate	rate	NOUN
ajeer-1274	178	8	and	and	CCONJ
ajeer-1274	178	9	lending	lending	NOUN
ajeer-1274	178	10	interest	interest	NOUN
ajeer-1274	178	11	rate	rate	NOUN
ajeer-1274	178	12	as	as	ADP
ajeer-1274	178	13	control	control	NOUN
ajeer-1274	178	14	to	to	PART
ajeer-1274	178	15	enable	enable	VERB
ajeer-1274	178	16	the	the	DET
ajeer-1274	178	17	interaction	interaction	NOUN
ajeer-1274	178	18	between	between	ADP
ajeer-1274	178	19	the	the	DET
ajeer-1274	178	20	dependent	dependent	ADJ
ajeer-1274	178	21	and	and	CCONJ
ajeer-1274	178	22	independent	independent	ADJ
ajeer-1274	178	23	variables	variable	NOUN
ajeer-1274	178	24	of	of	ADP
ajeer-1274	178	25	the	the	DET
ajeer-1274	178	26	study	study	NOUN
ajeer-1274	178	27	.	.	PUNCT
ajeer-1274	179	1	the	the	DET
ajeer-1274	179	2	functional	functional	ADJ
ajeer-1274	179	3	relationship	relationship	NOUN
ajeer-1274	179	4	between	between	ADP
ajeer-1274	179	5	the	the	DET
ajeer-1274	179	6	dependent	dependent	ADJ
ajeer-1274	179	7	variable	variable	NOUN
ajeer-1274	179	8	and	and	CCONJ
ajeer-1274	179	9	the	the	DET
ajeer-1274	179	10	explanatory	explanatory	ADJ
ajeer-1274	179	11	variables	variable	NOUN
ajeer-1274	179	12	is	be	AUX
ajeer-1274	179	13	expressed	express	VERB
ajeer-1274	179	14	as	as	ADP
ajeer-1274	179	15	:	:	PUNCT
ajeer-1274	179	16	exrs	exrs	NOUN
ajeer-1274	179	17	=	=	SYM
ajeer-1274	179	18	f(exds	f(exds	PROPN
ajeer-1274	179	19	,	,	PUNCT
ajeer-1274	179	20	exdsp	exdsp	ADJ
ajeer-1274	179	21	,	,	PUNCT
ajeer-1274	179	22	exr	exr	PROPN
ajeer-1274	179	23	)	)	PUNCT
ajeer-1274	179	24	this	this	PRON
ajeer-1274	179	25	is	be	AUX
ajeer-1274	179	26	further	far	ADV
ajeer-1274	179	27	transformed	transform	VERB
ajeer-1274	179	28	to	to	ADP
ajeer-1274	179	29	an	an	DET
ajeer-1274	179	30	econometric	econometric	ADJ
ajeer-1274	179	31	model	model	NOUN
ajeer-1274	179	32	as	as	SCONJ
ajeer-1274	179	33	follows	follow	VERB
ajeer-1274	179	34	:	:	PUNCT
ajeer-1274	179	35	logexrst	logexrst	NOUN
ajeer-1274	179	36	=	=	PUNCT
ajeer-1274	179	37	ß	ß	X
ajeer-1274	179	38	+	+	X
ajeer-1274	179	39	ß1logexdst	ß1logexdst	ADV
ajeer-1274	180	1	+	+	CCONJ
ajeer-1274	180	2	ß2logexdspt	ß2logexdspt	PROPN
ajeer-1274	180	3	+	+	CCONJ
ajeer-1274	180	4	ß3logexrt	ß3logexrt	NUM
ajeer-1274	181	1	+	+	CCONJ
ajeer-1274	181	2	µt	µt	PRON
ajeer-1274	181	3	ß	ß	NOUN
ajeer-1274	181	4	is	be	AUX
ajeer-1274	181	5	the	the	DET
ajeer-1274	181	6	intercept	intercept	NOUN
ajeer-1274	181	7	of	of	ADP
ajeer-1274	181	8	the	the	DET
ajeer-1274	181	9	model	model	NOUN
ajeer-1274	181	10	,	,	PUNCT
ajeer-1274	181	11	–	–	PUNCT
ajeer-1274	181	12	are	be	AUX
ajeer-1274	181	13	the	the	DET
ajeer-1274	181	14	coefficients	coefficient	NOUN
ajeer-1274	181	15	of	of	ADP
ajeer-1274	181	16	the	the	DET
ajeer-1274	181	17	independent	independent	ADJ
ajeer-1274	181	18	indicators	indicator	NOUN
ajeer-1274	181	19	,	,	PUNCT
ajeer-1274	181	20	t	t	PROPN
ajeer-1274	181	21	is	be	AUX
ajeer-1274	181	22	time	time	NOUN
ajeer-1274	181	23	series	series	NOUN
ajeer-1274	181	24	,	,	PUNCT
ajeer-1274	181	25	and	and	CCONJ
ajeer-1274	181	26	µ	µ	X
ajeer-1274	181	27	is	be	AUX
ajeer-1274	181	28	the	the	DET
ajeer-1274	181	29	error	error	NOUN
ajeer-1274	181	30	term	term	NOUN
ajeer-1274	181	31	of	of	ADP
ajeer-1274	181	32	the	the	DET
ajeer-1274	181	33	model	model	NOUN
ajeer-1274	181	34	.	.	PUNCT
ajeer-1274	182	1	exrs	exrs	PROPN
ajeer-1274	182	2	is	be	AUX
ajeer-1274	182	3	nigeria	nigeria	PROPN
ajeer-1274	182	4	’s	’s	PART
ajeer-1274	182	5	total	total	ADJ
ajeer-1274	182	6	reserves	reserve	NOUN
ajeer-1274	182	7	comprising	comprise	VERB
ajeer-1274	182	8	holdings	holding	NOUN
ajeer-1274	182	9	of	of	ADP
ajeer-1274	182	10	monetary	monetary	ADJ
ajeer-1274	182	11	gold	gold	NOUN
ajeer-1274	182	12	,	,	PUNCT
ajeer-1274	182	13	special	special	ADJ
ajeer-1274	182	14	drawing	drawing	NOUN
ajeer-1274	182	15	rights	right	NOUN
ajeer-1274	182	16	,	,	PUNCT
ajeer-1274	182	17	reserves	reserve	NOUN
ajeer-1274	182	18	of	of	ADP
ajeer-1274	182	19	imf	imf	PROPN
ajeer-1274	182	20	members	member	NOUN
ajeer-1274	182	21	held	hold	VERB
ajeer-1274	182	22	by	by	ADP
ajeer-1274	182	23	the	the	DET
ajeer-1274	182	24	imf	imf	PROPN
ajeer-1274	182	25	,	,	PUNCT
ajeer-1274	182	26	and	and	CCONJ
ajeer-1274	182	27	holdings	holding	NOUN
ajeer-1274	182	28	of	of	ADP
ajeer-1274	182	29	foreign	foreign	ADJ
ajeer-1274	182	30	exchange	exchange	NOUN
ajeer-1274	182	31	under	under	ADP
ajeer-1274	182	32	the	the	DET
ajeer-1274	182	33	control	control	NOUN
ajeer-1274	182	34	of	of	ADP
ajeer-1274	182	35	monetary	monetary	ADJ
ajeer-1274	182	36	authorities	authority	NOUN
ajeer-1274	182	37	.	.	PUNCT
ajeer-1274	183	1	exds	exds	NOUN
ajeer-1274	183	2	is	be	AUX
ajeer-1274	183	3	total	total	ADJ
ajeer-1274	183	4	external	external	ADJ
ajeer-1274	183	5	debt	debt	NOUN
ajeer-1274	183	6	.	.	PUNCT
ajeer-1274	184	1	this	this	PRON
ajeer-1274	184	2	is	be	AUX
ajeer-1274	184	3	debt	debt	NOUN
ajeer-1274	184	4	owed	owe	VERB
ajeer-1274	184	5	by	by	ADP
ajeer-1274	184	6	nigeria	nigeria	PROPN
ajeer-1274	184	7	repayable	repayable	ADJ
ajeer-1274	184	8	in	in	ADP
ajeer-1274	184	9	currency	currency	NOUN
ajeer-1274	184	10	,	,	PUNCT
ajeer-1274	184	11	goods	good	NOUN
ajeer-1274	184	12	,	,	PUNCT
ajeer-1274	184	13	or	or	CCONJ
ajeer-1274	184	14	services	service	NOUN
ajeer-1274	184	15	.	.	PUNCT
ajeer-1274	185	1	total	total	ADJ
ajeer-1274	185	2	external	external	ADJ
ajeer-1274	185	3	debt	debt	NOUN
ajeer-1274	185	4	is	be	AUX
ajeer-1274	185	5	the	the	DET
ajeer-1274	185	6	sum	sum	NOUN
ajeer-1274	185	7	of	of	ADP
ajeer-1274	185	8	public	public	ADJ
ajeer-1274	185	9	,	,	PUNCT
ajeer-1274	185	10	publicly	publicly	ADV
ajeer-1274	185	11	guaranteed	guarantee	VERB
ajeer-1274	185	12	,	,	PUNCT
ajeer-1274	185	13	and	and	CCONJ
ajeer-1274	185	14	private	private	ADJ
ajeer-1274	185	15	nonguaranteed	nonguaranteed	NOUN
ajeer-1274	185	16	long	long	ADJ
ajeer-1274	185	17	-	-	PUNCT
ajeer-1274	185	18	term	term	NOUN
ajeer-1274	185	19	debt	debt	NOUN
ajeer-1274	185	20	,	,	PUNCT
ajeer-1274	185	21	use	use	NOUN
ajeer-1274	185	22	of	of	ADP
ajeer-1274	185	23	imf	imf	PROPN
ajeer-1274	185	24	credit	credit	NOUN
ajeer-1274	185	25	,	,	PUNCT
ajeer-1274	185	26	and	and	CCONJ
ajeer-1274	185	27	short	short	ADJ
ajeer-1274	185	28	-	-	PUNCT
ajeer-1274	185	29	term	term	NOUN
ajeer-1274	185	30	debt	debt	NOUN
ajeer-1274	185	31	.	.	PUNCT
ajeer-1274	186	1	short	short	ADJ
ajeer-1274	186	2	-	-	PUNCT
ajeer-1274	186	3	term	term	NOUN
ajeer-1274	186	4	debt	debt	NOUN
ajeer-1274	186	5	includes	include	VERB
ajeer-1274	186	6	all	all	DET
ajeer-1274	186	7	debt	debt	NOUN
ajeer-1274	186	8	having	have	VERB
ajeer-1274	186	9	an	an	DET
ajeer-1274	186	10	original	original	ADJ
ajeer-1274	186	11	maturity	maturity	NOUN
ajeer-1274	186	12	of	of	ADP
ajeer-1274	186	13	one	one	NUM
ajeer-1274	186	14	year	year	NOUN
ajeer-1274	186	15	or	or	CCONJ
ajeer-1274	186	16	less	less	ADJ
ajeer-1274	186	17	and	and	CCONJ
ajeer-1274	186	18	interest	interest	NOUN
ajeer-1274	186	19	in	in	ADP
ajeer-1274	186	20	arrears	arrear	NOUN
ajeer-1274	186	21	on	on	ADP
ajeer-1274	186	22	long	long	ADJ
ajeer-1274	186	23	-	-	PUNCT
ajeer-1274	186	24	term	term	NOUN
ajeer-1274	186	25	debt	debt	NOUN
ajeer-1274	186	26	.	.	PUNCT
ajeer-1274	187	1	exdsp	exdsp	NOUN
ajeer-1274	187	2	is	be	AUX
ajeer-1274	187	3	total	total	ADJ
ajeer-1274	187	4	debt	debt	NOUN
ajeer-1274	187	5	service	service	NOUN
ajeer-1274	187	6	payments	payment	NOUN
ajeer-1274	187	7	.	.	PUNCT
ajeer-1274	188	1	this	this	PRON
ajeer-1274	188	2	is	be	AUX
ajeer-1274	188	3	the	the	DET
ajeer-1274	188	4	sum	sum	NOUN
ajeer-1274	188	5	of	of	ADP
ajeer-1274	188	6	principal	principal	ADJ
ajeer-1274	188	7	repayments	repayment	NOUN
ajeer-1274	188	8	and	and	CCONJ
ajeer-1274	188	9	interest	interest	NOUN
ajeer-1274	188	10	actually	actually	ADV
ajeer-1274	188	11	paid	pay	VERB
ajeer-1274	188	12	in	in	ADP
ajeer-1274	188	13	currency	currency	NOUN
ajeer-1274	188	14	,	,	PUNCT
ajeer-1274	188	15	goods	good	NOUN
ajeer-1274	188	16	,	,	PUNCT
ajeer-1274	188	17	or	or	CCONJ
ajeer-1274	188	18	services	service	NOUN
ajeer-1274	188	19	on	on	ADP
ajeer-1274	188	20	long	long	ADJ
ajeer-1274	188	21	-	-	PUNCT
ajeer-1274	188	22	term	term	NOUN
ajeer-1274	188	23	debt	debt	NOUN
ajeer-1274	188	24	,	,	PUNCT
ajeer-1274	188	25	interest	interest	NOUN
ajeer-1274	188	26	paid	pay	VERB
ajeer-1274	188	27	on	on	ADP
ajeer-1274	188	28	short	short	ADJ
ajeer-1274	188	29	-	-	PUNCT
ajeer-1274	188	30	term	term	NOUN
ajeer-1274	188	31	debt	debt	NOUN
ajeer-1274	188	32	,	,	PUNCT
ajeer-1274	188	33	and	and	CCONJ
ajeer-1274	188	34	repayments	repayment	NOUN
ajeer-1274	188	35	(	(	PUNCT
ajeer-1274	188	36	repurchases	repurchase	NOUN
ajeer-1274	188	37	and	and	CCONJ
ajeer-1274	188	38	charges	charge	NOUN
ajeer-1274	188	39	)	)	PUNCT
ajeer-1274	188	40	.	.	PUNCT
ajeer-1274	189	1	exr	exr	PROPN
ajeer-1274	189	2	is	be	AUX
ajeer-1274	189	3	foreign	foreign	ADJ
ajeer-1274	189	4	exchange	exchange	NOUN
ajeer-1274	189	5	rate	rate	NOUN
ajeer-1274	189	6	.	.	PUNCT
ajeer-1274	190	1	it	it	PRON
ajeer-1274	190	2	is	be	AUX
ajeer-1274	190	3	introduced	introduce	VERB
ajeer-1274	190	4	as	as	ADP
ajeer-1274	190	5	a	a	DET
ajeer-1274	190	6	control	control	NOUN
ajeer-1274	190	7	variable	variable	NOUN
ajeer-1274	190	8	.	.	PUNCT
ajeer-1274	191	1	further	far	ADV
ajeer-1274	191	2	to	to	ADP
ajeer-1274	191	3	this	this	PRON
ajeer-1274	191	4	,	,	PUNCT
ajeer-1274	191	5	the	the	DET
ajeer-1274	191	6	augmented	augment	VERB
ajeer-1274	191	7	dickey	dickey	PROPN
ajeer-1274	191	8	-	-	PUNCT
ajeer-1274	191	9	fuller	full	ADJ
ajeer-1274	191	10	test	test	NOUN
ajeer-1274	191	11	is	be	AUX
ajeer-1274	191	12	employed	employ	VERB
ajeer-1274	191	13	to	to	PART
ajeer-1274	191	14	solidify	solidify	VERB
ajeer-1274	191	15	the	the	DET
ajeer-1274	191	16	time	time	NOUN
ajeer-1274	191	17	series	series	NOUN
ajeer-1274	191	18	first	first	ADV
ajeer-1274	191	19	before	before	SCONJ
ajeer-1274	191	20	they	they	PRON
ajeer-1274	191	21	are	be	AUX
ajeer-1274	191	22	estimated	estimate	VERB
ajeer-1274	191	23	at	at	ADP
ajeer-1274	191	24	their	their	PRON
ajeer-1274	191	25	orders	order	NOUN
ajeer-1274	191	26	of	of	ADP
ajeer-1274	191	27	integration	integration	NOUN
ajeer-1274	191	28	.	.	PUNCT
ajeer-1274	192	1	this	this	PRON
ajeer-1274	192	2	is	be	AUX
ajeer-1274	192	3	to	to	PART
ajeer-1274	192	4	avoid	avoid	VERB
ajeer-1274	192	5	spurious	spurious	ADJ
ajeer-1274	192	6	results	result	NOUN
ajeer-1274	192	7	and	and	CCONJ
ajeer-1274	192	8	estimates	estimate	NOUN
ajeer-1274	192	9	.	.	PUNCT
ajeer-1274	193	1	furthermore	furthermore	ADV
ajeer-1274	193	2	,	,	PUNCT
ajeer-1274	193	3	the	the	DET
ajeer-1274	193	4	johanson	johanson	PROPN
ajeer-1274	193	5	co	co	NOUN
ajeer-1274	193	6	-	-	NOUN
ajeer-1274	193	7	integration	integration	NOUN
ajeer-1274	193	8	test	test	NOUN
ajeer-1274	193	9	was	be	AUX
ajeer-1274	193	10	employed	employ	VERB
ajeer-1274	193	11	to	to	PART
ajeer-1274	193	12	ascertain	ascertain	VERB
ajeer-1274	193	13	whether	whether	SCONJ
ajeer-1274	193	14	long	long	ADV
ajeer-1274	193	15	run	run	VERB
ajeer-1274	193	16	equilibrium	equilibrium	NOUN
ajeer-1274	193	17	relationship	relationship	NOUN
ajeer-1274	193	18	exist	exist	VERB
ajeer-1274	193	19	in	in	ADP
ajeer-1274	193	20	the	the	DET
ajeer-1274	193	21	model	model	NOUN
ajeer-1274	193	22	or	or	CCONJ
ajeer-1274	193	23	not	not	PART
ajeer-1274	193	24	.	.	PUNCT
ajeer-1274	194	1	the	the	DET
ajeer-1274	194	2	existence	existence	NOUN
ajeer-1274	194	3	of	of	ADP
ajeer-1274	194	4	a	a	DET
ajeer-1274	194	5	single	single	ADJ
ajeer-1274	194	6	long	long	ADJ
ajeer-1274	194	7	run	run	NOUN
ajeer-1274	194	8	equilibrium	equilibrium	NOUN
ajeer-1274	194	9	relationship	relationship	NOUN
ajeer-1274	194	10	gives	give	VERB
ajeer-1274	194	11	econometric	econometric	ADJ
ajeer-1274	194	12	credence	credence	NOUN
ajeer-1274	194	13	to	to	PART
ajeer-1274	194	14	carry	carry	VERB
ajeer-1274	194	15	out	out	ADP
ajeer-1274	194	16	the	the	DET
ajeer-1274	194	17	error	error	NOUN
ajeer-1274	194	18	correction	correction	NOUN
ajeer-1274	194	19	process	process	NOUN
ajeer-1274	194	20	.	.	PUNCT
ajeer-1274	195	1	5	5	X
ajeer-1274	195	2	.	.	NUM
ajeer-1274	195	3	econometric	econometric	ADJ
ajeer-1274	195	4	results	result	NOUN
ajeer-1274	195	5	5.1	5.1	NUM
ajeer-1274	195	6	.	.	PUNCT
ajeer-1274	196	1	descriptive	descriptive	ADJ
ajeer-1274	196	2	statistics	statistic	NOUN
ajeer-1274	196	3	table	table	NOUN
ajeer-1274	196	4	1	1	NUM
ajeer-1274	196	5	presents	present	VERB
ajeer-1274	196	6	the	the	DET
ajeer-1274	196	7	summary	summary	NOUN
ajeer-1274	196	8	descriptive	descriptive	ADJ
ajeer-1274	196	9	statistics	statistic	NOUN
ajeer-1274	196	10	of	of	ADP
ajeer-1274	196	11	the	the	DET
ajeer-1274	196	12	variables	variable	NOUN
ajeer-1274	196	13	of	of	ADP
ajeer-1274	196	14	the	the	DET
ajeer-1274	196	15	study	study	NOUN
ajeer-1274	196	16	.	.	PUNCT
ajeer-1274	197	1	table-1	table-1	PRON
ajeer-1274	197	2	.	.	PUNCT
ajeer-1274	197	3	descriptive	descriptive	ADJ
ajeer-1274	197	4	statistics	statistic	NOUN
ajeer-1274	197	5	of	of	ADP
ajeer-1274	197	6	the	the	DET
ajeer-1274	197	7	variables	variable	NOUN
ajeer-1274	197	8	of	of	ADP
ajeer-1274	197	9	the	the	DET
ajeer-1274	197	10	study	study	NOUN
ajeer-1274	197	11	descriptive	descriptive	ADJ
ajeer-1274	197	12	stat	stat	PROPN
ajeer-1274	197	13	exrs	exrs	PROPN
ajeer-1274	197	14	exds	exds	NOUN
ajeer-1274	197	15	exdsp	exdsp	NOUN
ajeer-1274	197	16	exr	exr	PROPN
ajeer-1274	197	17	mean	mean	NOUN
ajeer-1274	198	1	9.911777	9.911777	NUM
ajeer-1274	198	2	10.38712	10.38712	NUM
ajeer-1274	198	3	9.289454	9.289454	NUM
ajeer-1274	198	4	1.484203	1.484203	NUM
ajeer-1274	198	5	median	median	NOUN
ajeer-1274	198	6	9.874515	9.874515	NUM
ajeer-1274	198	7	10.46272	10.46272	NUM
ajeer-1274	198	8	9.270266	9.270266	NUM
ajeer-1274	198	9	1.986346	1.986346	NUM
ajeer-1274	198	10	maximum	maximum	ADJ
ajeer-1274	198	11	10.72916	10.72916	NUM
ajeer-1274	198	12	10.66500	10.66500	NUM
ajeer-1274	198	13	9.944834	9.944834	NUM
ajeer-1274	198	14	2.485840	2.485840	NUM
ajeer-1274	198	15	minimum	minimum	NOUN
ajeer-1274	198	16	8.969877	8.969877	NUM
ajeer-1274	198	17	9.983057	9.983057	NUM
ajeer-1274	198	18	8.695181	8.695181	NUM
ajeer-1274	198	19	-0.209220	-0.209220	NOUN
ajeer-1274	198	20	std	std	PROPN
ajeer-1274	198	21	.	.	PUNCT
ajeer-1274	198	22	dev	dev	PROPN
ajeer-1274	198	23	.	.	PUNCT
ajeer-1274	199	1	0.606889	0.606889	NUM
ajeer-1274	199	2	0.172289	0.172289	NUM
ajeer-1274	199	3	0.281641	0.281641	NUM
ajeer-1274	199	4	0.858342	0.858342	NUM
ajeer-1274	199	5	skewness	skewness	NOUN
ajeer-1274	199	6	-0.020680	-0.020680	NOUN
ajeer-1274	199	7	-0.721515	-0.721515	PROPN
ajeer-1274	199	8	0.095888	0.095888	NUM
ajeer-1274	199	9	-0.763339	-0.763339	NOUN
ajeer-1274	199	10	kurtosis	kurtosis	VERB
ajeer-1274	199	11	1.468697	1.468697	NUM
ajeer-1274	199	12	2.490625	2.490625	NUM
ajeer-1274	199	13	3.047192	3.047192	NUM
ajeer-1274	199	14	2.270401	2.270401	NUM
ajeer-1274	199	15	jarque	jarque	NOUN
ajeer-1274	199	16	-	-	PUNCT
ajeer-1274	199	17	bera	bera	NOUN
ajeer-1274	199	18	3.715451	3.715451	NUM
ajeer-1274	199	19	3.707850	3.707850	NUM
ajeer-1274	199	20	0.061758	0.061758	NUM
ajeer-1274	199	21	4.533174	4.533174	NUM
ajeer-1274	199	22	probability	probability	NOUN
ajeer-1274	199	23	0.156027	0.156027	NUM
ajeer-1274	199	24	0.156621	0.156621	NUM
ajeer-1274	199	25	0.969593	0.969593	NUM
ajeer-1274	199	26	0.103665	0.103665	NUM
ajeer-1274	199	27	sum	sum	NOUN
ajeer-1274	199	28	376.6475	376.6475	NUM
ajeer-1274	199	29	394.7107	394.7107	NUM
ajeer-1274	199	30	352.9992	352.9992	NUM
ajeer-1274	199	31	56.39973	56.39973	NUM
ajeer-1274	199	32	sum	sum	NOUN
ajeer-1274	199	33	sq	sq	PROPN
ajeer-1274	199	34	.	.	PROPN
ajeer-1274	199	35	dev	dev	PROPN
ajeer-1274	199	36	.	.	PROPN
ajeer-1274	200	1	13.62764	13.62764	NUM
ajeer-1274	201	1	1.098290	1.098290	NUM
ajeer-1274	201	2	2.934895	2.934895	NUM
ajeer-1274	201	3	27.25981	27.25981	NUM
ajeer-1274	201	4	observations	observation	NOUN
ajeer-1274	201	5	38	38	NUM
ajeer-1274	201	6	38	38	NUM
ajeer-1274	201	7	38	38	NUM
ajeer-1274	201	8	38	38	NUM
ajeer-1274	201	9	the	the	DET
ajeer-1274	201	10	descriptive	descriptive	ADJ
ajeer-1274	201	11	results	result	NOUN
ajeer-1274	201	12	indicate	indicate	VERB
ajeer-1274	201	13	the	the	DET
ajeer-1274	201	14	observations	observation	NOUN
ajeer-1274	201	15	are	be	AUX
ajeer-1274	201	16	equal	equal	ADJ
ajeer-1274	201	17	.	.	PUNCT
ajeer-1274	202	1	the	the	DET
ajeer-1274	202	2	mean	mean	NOUN
ajeer-1274	202	3	of	of	ADP
ajeer-1274	202	4	the	the	DET
ajeer-1274	202	5	variables	variable	NOUN
ajeer-1274	202	6	are	be	AUX
ajeer-1274	202	7	;	;	PUNCT
ajeer-1274	202	8	exrs	exrs	NOUN
ajeer-1274	202	9	(	(	PUNCT
ajeer-1274	202	10	9.911777	9.911777	NUM
ajeer-1274	202	11	)	)	PUNCT
ajeer-1274	202	12	,	,	PUNCT
ajeer-1274	202	13	exds	exds	NOUN
ajeer-1274	202	14	(	(	PUNCT
ajeer-1274	202	15	10.38712	10.38712	NUM
ajeer-1274	202	16	)	)	PUNCT
ajeer-1274	202	17	,	,	PUNCT
ajeer-1274	202	18	exdsp	exdsp	NOUN
ajeer-1274	202	19	(	(	PUNCT
ajeer-1274	202	20	9.289454	9.289454	NUM
ajeer-1274	202	21	)	)	PUNCT
ajeer-1274	202	22	and	and	CCONJ
ajeer-1274	202	23	exr	exr	PROPN
ajeer-1274	202	24	(	(	PUNCT
ajeer-1274	202	25	1.484203	1.484203	NUM
ajeer-1274	202	26	)	)	PUNCT
ajeer-1274	202	27	.	.	PUNCT
ajeer-1274	203	1	jarque	jarque	NOUN
ajeer-1274	203	2	-	-	PUNCT
ajeer-1274	203	3	bera	bera	NOUN
ajeer-1274	203	4	statistics	statistic	NOUN
ajeer-1274	203	5	shows	show	VERB
ajeer-1274	203	6	that	that	SCONJ
ajeer-1274	203	7	all	all	DET
ajeer-1274	203	8	the	the	DET
ajeer-1274	203	9	variables	variable	NOUN
ajeer-1274	203	10	of	of	ADP
ajeer-1274	203	11	the	the	DET
ajeer-1274	203	12	study	study	NOUN
ajeer-1274	203	13	are	be	AUX
ajeer-1274	203	14	normally	normally	ADV
ajeer-1274	203	15	distributed	distribute	VERB
ajeer-1274	203	16	.	.	PUNCT
ajeer-1274	204	1	the	the	DET
ajeer-1274	204	2	analyses	analysis	NOUN
ajeer-1274	204	3	further	far	ADV
ajeer-1274	204	4	show	show	VERB
ajeer-1274	204	5	that	that	SCONJ
ajeer-1274	204	6	,	,	PUNCT
ajeer-1274	204	7	aside	aside	ADV
ajeer-1274	204	8	exdsp	exdsp	NOUN
ajeer-1274	204	9	,	,	PUNCT
ajeer-1274	204	10	all	all	DET
ajeer-1274	204	11	the	the	DET
ajeer-1274	204	12	other	other	ADJ
ajeer-1274	204	13	variables	variable	NOUN
ajeer-1274	204	14	are	be	AUX
ajeer-1274	204	15	negatively	negatively	ADV
ajeer-1274	204	16	skewed	skewed	ADJ
ajeer-1274	204	17	.	.	PUNCT
ajeer-1274	205	1	the	the	DET
ajeer-1274	205	2	variability	variability	NOUN
ajeer-1274	205	3	of	of	ADP
ajeer-1274	205	4	returned	return	VERB
ajeer-1274	205	5	indicated	indicate	VERB
ajeer-1274	205	6	by	by	ADP
ajeer-1274	205	7	the	the	DET
ajeer-1274	205	8	standard	standard	ADJ
ajeer-1274	205	9	deviation	deviation	NOUN
ajeer-1274	205	10	statistics	statistic	NOUN
ajeer-1274	205	11	indicate	indicate	VERB
ajeer-1274	205	12	as	as	SCONJ
ajeer-1274	205	13	follows	follow	VERB
ajeer-1274	205	14	;	;	PUNCT
ajeer-1274	205	15	exrs	exrs	NOUN
ajeer-1274	205	16	(	(	PUNCT
ajeer-1274	205	17	0.606889	0.606889	NUM
ajeer-1274	205	18	)	)	PUNCT
ajeer-1274	205	19	,	,	PUNCT
ajeer-1274	205	20	exds	exds	NOUN
ajeer-1274	205	21	(	(	PUNCT
ajeer-1274	205	22	0.172289	0.172289	NUM
ajeer-1274	205	23	)	)	PUNCT
ajeer-1274	205	24	,	,	PUNCT
ajeer-1274	205	25	exdsp	exdsp	NOUN
ajeer-1274	205	26	(	(	PUNCT
ajeer-1274	205	27	0.281641	0.281641	NUM
ajeer-1274	205	28	)	)	PUNCT
ajeer-1274	205	29	and	and	CCONJ
ajeer-1274	205	30	finally	finally	ADV
ajeer-1274	205	31	,	,	PUNCT
ajeer-1274	205	32	exr	exr	PROPN
ajeer-1274	205	33	(	(	PUNCT
ajeer-1274	205	34	0.858342	0.858342	NUM
ajeer-1274	205	35	)	)	PUNCT
ajeer-1274	205	36	.	.	PUNCT
ajeer-1274	206	1	comparatively	comparatively	ADV
ajeer-1274	206	2	,	,	PUNCT
ajeer-1274	206	3	the	the	DET
ajeer-1274	206	4	values	value	NOUN
ajeer-1274	206	5	indicate	indicate	VERB
ajeer-1274	206	6	that	that	SCONJ
ajeer-1274	206	7	,	,	PUNCT
ajeer-1274	206	8	all	all	DET
ajeer-1274	206	9	the	the	DET
ajeer-1274	206	10	variables	variable	NOUN
ajeer-1274	206	11	are	be	AUX
ajeer-1274	206	12	noticeable	noticeable	ADJ
ajeer-1274	206	13	dispersed	disperse	VERB
ajeer-1274	206	14	far	far	ADV
ajeer-1274	206	15	below	below	ADP
ajeer-1274	206	16	the	the	DET
ajeer-1274	206	17	mean	mean	ADJ
ajeer-1274	206	18	and	and	CCONJ
ajeer-1274	206	19	middle	middle	ADJ
ajeer-1274	206	20	values	value	NOUN
ajeer-1274	206	21	.	.	PUNCT
ajeer-1274	207	1	5.2	5.2	NUM
ajeer-1274	207	2	.	.	PUNCT
ajeer-1274	207	3	augmented	augment	VERB
ajeer-1274	207	4	dickey	dickey	PROPN
ajeer-1274	207	5	-	-	PUNCT
ajeer-1274	207	6	fuller	full	ADJ
ajeer-1274	207	7	statistics	statistic	NOUN
ajeer-1274	207	8	table	table	NOUN
ajeer-1274	207	9	2	2	NUM
ajeer-1274	207	10	presents	present	VERB
ajeer-1274	207	11	the	the	DET
ajeer-1274	207	12	summary	summary	NOUN
ajeer-1274	207	13	unit	unit	NOUN
ajeer-1274	207	14	root	root	PROPN
ajeer-1274	207	15	test	test	NOUN
ajeer-1274	207	16	statistics	statistic	NOUN
ajeer-1274	207	17	of	of	ADP
ajeer-1274	207	18	the	the	DET
ajeer-1274	207	19	variables	variable	NOUN
ajeer-1274	207	20	of	of	ADP
ajeer-1274	207	21	the	the	DET
ajeer-1274	207	22	study	study	NOUN
ajeer-1274	207	23	.	.	PUNCT
ajeer-1274	208	1	table-2	table-2	NUM
ajeer-1274	208	2	.	.	PUNCT
ajeer-1274	208	3	summary	summary	PROPN
ajeer-1274	208	4	augmented	augment	VERB
ajeer-1274	208	5	dickey	dickey	PROPN
ajeer-1274	208	6	-	-	PUNCT
ajeer-1274	208	7	fuller	full	ADJ
ajeer-1274	208	8	test	test	NOUN
ajeer-1274	208	9	results	result	NOUN
ajeer-1274	208	10	.	.	PUNCT
ajeer-1274	209	1	variables	variable	NOUN
ajeer-1274	209	2	adf	adf	PROPN
ajeer-1274	209	3	statistics	statistics	PROPN
ajeer-1274	209	4	critical	critical	ADJ
ajeer-1274	209	5	value	value	NOUN
ajeer-1274	209	6	@	@	ADP
ajeer-1274	209	7	5	5	NUM
ajeer-1274	209	8	%	%	NOUN
ajeer-1274	209	9	decision	decision	NOUN
ajeer-1274	209	10	exrs	exrs	NOUN
ajeer-1274	209	11	-5.496947	-5.496947	PROPN
ajeer-1274	209	12	-2.945842	-2.945842	PROPN
ajeer-1274	209	13	i(1	i(1	PROPN
ajeer-1274	209	14	)	)	PUNCT
ajeer-1274	209	15	exds	exds	ADJ
ajeer-1274	209	16	-4.735518	-4.735518	NOUN
ajeer-1274	209	17	-2.945842	-2.945842	NOUN
ajeer-1274	209	18	i(1	i(1	PROPN
ajeer-1274	209	19	)	)	PUNCT
ajeer-1274	209	20	exdsp	exdsp	NOUN
ajeer-1274	209	21	-8.099317	-8.099317	NOUN
ajeer-1274	209	22	-2.945842	-2.945842	NOUN
ajeer-1274	209	23	i(1	i(1	PROPN
ajeer-1274	209	24	)	)	PUNCT
ajeer-1274	209	25	exr	exr	PROPN
ajeer-1274	209	26	-5.170243	-5.170243	NOUN
ajeer-1274	209	27	-2.945842	-2.945842	PROPN
ajeer-1274	209	28	i(1	i(1	PROPN
ajeer-1274	209	29	)	)	PUNCT
ajeer-1274	209	30	note	note	NOUN
ajeer-1274	209	31	:	:	PUNCT
ajeer-1274	209	32	the	the	DET
ajeer-1274	209	33	summary	summary	NOUN
ajeer-1274	209	34	results	result	NOUN
ajeer-1274	209	35	indicate	indicate	VERB
ajeer-1274	209	36	that	that	SCONJ
ajeer-1274	209	37	all	all	DET
ajeer-1274	209	38	the	the	DET
ajeer-1274	209	39	variables	variable	NOUN
ajeer-1274	209	40	are	be	AUX
ajeer-1274	209	41	stationary	stationary	ADJ
ajeer-1274	209	42	at	at	ADP
ajeer-1274	209	43	their	their	PRON
ajeer-1274	209	44	first	first	ADJ
ajeer-1274	209	45	difference	difference	NOUN
ajeer-1274	209	46	.	.	PUNCT
ajeer-1274	210	1	this	this	PRON
ajeer-1274	210	2	is	be	AUX
ajeer-1274	210	3	symbolized	symbolize	VERB
ajeer-1274	210	4	as	as	ADP
ajeer-1274	210	5	i(1	i(1	PROPN
ajeer-1274	210	6	)	)	PUNCT
ajeer-1274	210	7	.	.	PUNCT
ajeer-1274	211	1	5.3	5.3	NUM
ajeer-1274	211	2	.	.	PUNCT
ajeer-1274	212	1	johansen	johansen	PROPN
ajeer-1274	212	2	co	co	PROPN
ajeer-1274	212	3	-	-	NOUN
ajeer-1274	212	4	integration	integration	NOUN
ajeer-1274	212	5	test	test	NOUN
ajeer-1274	212	6	results	result	NOUN
ajeer-1274	212	7	table	table	NOUN
ajeer-1274	212	8	3	3	NUM
ajeer-1274	212	9	presents	present	VERB
ajeer-1274	212	10	the	the	DET
ajeer-1274	212	11	johansen	johansen	PROPN
ajeer-1274	212	12	cointegration	cointegration	PROPN
ajeer-1274	212	13	test	test	NOUN
ajeer-1274	212	14	results	result	NOUN
ajeer-1274	212	15	of	of	ADP
ajeer-1274	212	16	the	the	DET
ajeer-1274	212	17	study	study	NOUN
ajeer-1274	212	18	.	.	PUNCT
ajeer-1274	213	1	asian	asian	ADJ
ajeer-1274	213	2	journal	journal	PROPN
ajeer-1274	213	3	of	of	ADP
ajeer-1274	213	4	economics	economic	NOUN
ajeer-1274	213	5	and	and	CCONJ
ajeer-1274	213	6	empirical	empirical	ADJ
ajeer-1274	213	7	research	research	NOUN
ajeer-1274	213	8	,	,	PUNCT
ajeer-1274	213	9	2020	2020	NUM
ajeer-1274	213	10	,	,	PUNCT
ajeer-1274	213	11	7(1	7(1	NUM
ajeer-1274	213	12	):	):	PUNCT
ajeer-1274	213	13	1	1	NUM
ajeer-1274	213	14	-	-	SYM
ajeer-1274	213	15	7	7	NUM
ajeer-1274	213	16	6	6	NUM
ajeer-1274	213	17	©	©	PROPN
ajeer-1274	213	18	2020	2020	NUM
ajeer-1274	213	19	by	by	ADP
ajeer-1274	213	20	the	the	DET
ajeer-1274	213	21	authors	author	NOUN
ajeer-1274	213	22	;	;	PUNCT
ajeer-1274	213	23	licensee	licensee	PROPN
ajeer-1274	213	24	asian	asian	ADJ
ajeer-1274	213	25	online	online	PROPN
ajeer-1274	213	26	journal	journal	PROPN
ajeer-1274	213	27	publishing	publishing	NOUN
ajeer-1274	213	28	group	group	PROPN
ajeer-1274	213	29	table-3	table-3	PROPN
ajeer-1274	213	30	.	.	PUNCT
ajeer-1274	214	1	summary	summary	NOUN
ajeer-1274	214	2	johansen	johansen	PROPN
ajeer-1274	214	3	cointegration	cointegration	PROPN
ajeer-1274	214	4	results	result	NOUN
ajeer-1274	214	5	.	.	PUNCT
ajeer-1274	215	1	hypothesized	hypothesize	VERB
ajeer-1274	215	2	trace	trace	NOUN
ajeer-1274	215	3	0.05	0.05	NUM
ajeer-1274	215	4	no	no	NOUN
ajeer-1274	215	5	.	.	PUNCT
ajeer-1274	216	1	of	of	ADP
ajeer-1274	216	2	ce(s	ce(s	ADV
ajeer-1274	216	3	)	)	PUNCT
ajeer-1274	216	4	eigenvalue	eigenvalue	NOUN
ajeer-1274	216	5	statistic	statistic	ADJ
ajeer-1274	216	6	critical	critical	ADJ
ajeer-1274	216	7	value	value	NOUN
ajeer-1274	216	8	prob	prob	NOUN
ajeer-1274	216	9	.	.	PUNCT
ajeer-1274	217	1	*	*	PUNCT
ajeer-1274	218	1	*	*	PUNCT
ajeer-1274	218	2	none	none	NOUN
ajeer-1274	218	3	*	*	PUNCT
ajeer-1274	218	4	0.613370	0.613370	NUM
ajeer-1274	218	5	49.21195	49.21195	NUM
ajeer-1274	218	6	47.85613	47.85613	NUM
ajeer-1274	218	7	0.0371	0.0371	NUM
ajeer-1274	218	8	at	at	ADP
ajeer-1274	218	9	most	most	ADJ
ajeer-1274	218	10	1	1	NUM
ajeer-1274	218	11	0.204982	0.204982	NUM
ajeer-1274	218	12	15.00165	15.00165	NUM
ajeer-1274	218	13	29.79707	29.79707	NUM
ajeer-1274	218	14	0.7800	0.7800	NUM
ajeer-1274	218	15	at	at	ADP
ajeer-1274	218	16	most	most	ADJ
ajeer-1274	218	17	2	2	NUM
ajeer-1274	218	18	0.134925	0.134925	NUM
ajeer-1274	218	19	6.743598	6.743598	NUM
ajeer-1274	218	20	15.49471	15.49471	NUM
ajeer-1274	218	21	0.6076	0.6076	NUM
ajeer-1274	218	22	at	at	ADP
ajeer-1274	218	23	most	most	ADJ
ajeer-1274	218	24	3	3	NUM
ajeer-1274	218	25	0.041498	0.041498	NUM
ajeer-1274	218	26	1.525799	1.525799	NUM
ajeer-1274	218	27	3.841466	3.841466	NUM
ajeer-1274	218	28	0.2167	0.2167	NUM
ajeer-1274	218	29	note	note	NOUN
ajeer-1274	218	30	:	:	PUNCT
ajeer-1274	218	31	trace	trace	NOUN
ajeer-1274	218	32	test	test	NOUN
ajeer-1274	218	33	indicates	indicate	VERB
ajeer-1274	218	34	1	1	NUM
ajeer-1274	218	35	cointegrating	cointegrate	VERB
ajeer-1274	218	36	eqn(s	eqn(s	PROPN
ajeer-1274	218	37	)	)	PUNCT
ajeer-1274	218	38	at	at	ADP
ajeer-1274	218	39	the	the	DET
ajeer-1274	218	40	0.05	0.05	NUM
ajeer-1274	218	41	level	level	NOUN
ajeer-1274	218	42	.	.	PUNCT
ajeer-1274	219	1	*	*	PUNCT
ajeer-1274	219	2	denotes	denote	NOUN
ajeer-1274	219	3	rejection	rejection	NOUN
ajeer-1274	219	4	of	of	ADP
ajeer-1274	219	5	the	the	DET
ajeer-1274	219	6	hypothesis	hypothesis	NOUN
ajeer-1274	219	7	at	at	ADP
ajeer-1274	219	8	the	the	DET
ajeer-1274	219	9	0.05	0.05	NUM
ajeer-1274	219	10	level	level	NOUN
ajeer-1274	219	11	the	the	DET
ajeer-1274	219	12	summary	summary	NOUN
ajeer-1274	219	13	test	test	NOUN
ajeer-1274	219	14	results	result	NOUN
ajeer-1274	219	15	indicate	indicate	VERB
ajeer-1274	219	16	the	the	DET
ajeer-1274	219	17	existence	existence	NOUN
ajeer-1274	219	18	of	of	ADP
ajeer-1274	219	19	long	long	ADJ
ajeer-1274	219	20	run	run	NOUN
ajeer-1274	219	21	equilibrium	equilibrium	NOUN
ajeer-1274	219	22	relationship	relationship	NOUN
ajeer-1274	219	23	in	in	ADP
ajeer-1274	219	24	the	the	DET
ajeer-1274	219	25	model	model	NOUN
ajeer-1274	219	26	.	.	PUNCT
ajeer-1274	220	1	specifically	specifically	ADV
ajeer-1274	220	2	,	,	PUNCT
ajeer-1274	220	3	the	the	DET
ajeer-1274	220	4	summary	summary	NOUN
ajeer-1274	220	5	test	test	NOUN
ajeer-1274	220	6	results	result	NOUN
ajeer-1274	220	7	indicate	indicate	VERB
ajeer-1274	220	8	the	the	DET
ajeer-1274	220	9	existence	existence	NOUN
ajeer-1274	220	10	of	of	ADP
ajeer-1274	220	11	a	a	DET
ajeer-1274	220	12	single	single	ADJ
ajeer-1274	220	13	cointegrating	cointegrate	VERB
ajeer-1274	220	14	relationship	relationship	NOUN
ajeer-1274	220	15	in	in	ADP
ajeer-1274	220	16	the	the	DET
ajeer-1274	220	17	model	model	NOUN
ajeer-1274	220	18	.	.	PUNCT
ajeer-1274	221	1	this	this	PRON
ajeer-1274	221	2	invariably	invariably	ADV
ajeer-1274	221	3	gives	give	VERB
ajeer-1274	221	4	econometric	econometric	ADJ
ajeer-1274	221	5	credence	credence	NOUN
ajeer-1274	221	6	to	to	PART
ajeer-1274	221	7	carry	carry	VERB
ajeer-1274	221	8	out	out	ADP
ajeer-1274	221	9	the	the	DET
ajeer-1274	221	10	error	error	NOUN
ajeer-1274	221	11	correction	correction	NOUN
ajeer-1274	221	12	process	process	NOUN
ajeer-1274	221	13	.	.	PUNCT
ajeer-1274	222	1	5.4	5.4	NUM
ajeer-1274	222	2	.	.	PUNCT
ajeer-1274	222	3	error	error	NOUN
ajeer-1274	222	4	correction	correction	NOUN
ajeer-1274	222	5	results	result	VERB
ajeer-1274	222	6	table	table	NOUN
ajeer-1274	222	7	4	4	NUM
ajeer-1274	222	8	presents	present	VERB
ajeer-1274	222	9	the	the	DET
ajeer-1274	222	10	results	result	NOUN
ajeer-1274	222	11	of	of	ADP
ajeer-1274	222	12	the	the	DET
ajeer-1274	222	13	error	error	NOUN
ajeer-1274	222	14	correction	correction	NOUN
ajeer-1274	222	15	mechanism	mechanism	NOUN
ajeer-1274	222	16	estimated	estimate	VERB
ajeer-1274	222	17	using	use	VERB
ajeer-1274	222	18	the	the	DET
ajeer-1274	222	19	least	least	ADJ
ajeer-1274	222	20	square	square	ADJ
ajeer-1274	222	21	technique	technique	NOUN
ajeer-1274	222	22	.	.	PUNCT
ajeer-1274	223	1	table-4	table-4	NOUN
ajeer-1274	223	2	.	.	PUNCT
ajeer-1274	223	3	error	error	NOUN
ajeer-1274	223	4	correction	correction	NOUN
ajeer-1274	223	5	results	result	VERB
ajeer-1274	223	6	.	.	PUNCT
ajeer-1274	224	1	dependent	dependent	ADJ
ajeer-1274	224	2	variable	variable	NOUN
ajeer-1274	224	3	:	:	PUNCT
ajeer-1274	224	4	d(exrs	d(exrs	ADJ
ajeer-1274	224	5	)	)	PUNCT
ajeer-1274	224	6	variable	variable	ADJ
ajeer-1274	224	7	coefficient	coefficient	NOUN
ajeer-1274	224	8	std	std	PROPN
ajeer-1274	224	9	.	.	NOUN
ajeer-1274	224	10	error	error	NOUN
ajeer-1274	224	11	t	t	NOUN
ajeer-1274	224	12	-	-	PUNCT
ajeer-1274	224	13	statistic	statistic	NOUN
ajeer-1274	224	14	prob	prob	NOUN
ajeer-1274	224	15	.	.	PUNCT
ajeer-1274	225	1	c	c	PROPN
ajeer-1274	225	2	25.36673	25.36673	NUM
ajeer-1274	225	3	3.099099	3.099099	NUM
ajeer-1274	225	4	8.185195	8.185195	NUM
ajeer-1274	225	5	0.0000	0.0000	NUM
ajeer-1274	225	6	d(exds	d(exds	NOUN
ajeer-1274	225	7	)	)	PUNCT
ajeer-1274	225	8	-1.633171	-1.633171	NOUN
ajeer-1274	225	9	0.276432	0.276432	NUM
ajeer-1274	225	10	-5.908030	-5.908030	NOUN
ajeer-1274	225	11	0.0000	0.0000	NUM
ajeer-1274	225	12	d(exdsp	d(exdsp	NOUN
ajeer-1274	225	13	)	)	PUNCT
ajeer-1274	225	14	0.049441	0.049441	NUM
ajeer-1274	225	15	0.149019	0.149019	NUM
ajeer-1274	225	16	0.331777	0.331777	NUM
ajeer-1274	225	17	0.7426	0.7426	NUM
ajeer-1274	225	18	d(exr	d(exr	PROPN
ajeer-1274	225	19	)	)	PUNCT
ajeer-1274	225	20	0.679763	0.679763	NUM
ajeer-1274	225	21	0.064195	0.064195	NUM
ajeer-1274	225	22	10.58895	10.58895	NUM
ajeer-1274	225	23	0.0000	0.0000	NUM
ajeer-1274	225	24	ecm(-1	ecm(-1	ADJ
ajeer-1274	225	25	)	)	PUNCT
ajeer-1274	225	26	-0.357739	-0.357739	NOUN
ajeer-1274	226	1	0.113057	0.113057	NUM
ajeer-1274	226	2	-3.164225	-3.164225	NOUN
ajeer-1274	227	1	0.0034	0.0034	NUM
ajeer-1274	227	2	r	r	NOUN
ajeer-1274	227	3	-	-	PUNCT
ajeer-1274	227	4	squared	square	VERB
ajeer-1274	227	5	0.874184	0.874184	NUM
ajeer-1274	227	6	mean	mean	NOUN
ajeer-1274	227	7	dependent	dependent	ADJ
ajeer-1274	227	8	var	var	NOUN
ajeer-1274	227	9	9.943191	9.943191	NUM
ajeer-1274	227	10	adjusted	adjust	VERB
ajeer-1274	227	11	r	r	NOUN
ajeer-1274	227	12	-	-	PUNCT
ajeer-1274	227	13	squared	square	VERB
ajeer-1274	227	14	0.855544	0.855544	NUM
ajeer-1274	227	15	s.d	s.d	PROPN
ajeer-1274	227	16	.	.	PUNCT
ajeer-1274	228	1	dependent	dependent	ADJ
ajeer-1274	228	2	var	var	NOUN
ajeer-1274	228	3	0.595117	0.595117	NUM
ajeer-1274	228	4	s.e	s.e	PROPN
ajeer-1274	228	5	.	.	PROPN
ajeer-1274	228	6	of	of	ADP
ajeer-1274	228	7	regression	regression	NOUN
ajeer-1274	228	8	0.226188	0.226188	NUM
ajeer-1274	228	9	akaike	akaike	ADJ
ajeer-1274	228	10	info	info	NOUN
ajeer-1274	228	11	criterion	criterion	NOUN
ajeer-1274	228	12	0.007702	0.007702	NUM
ajeer-1274	228	13	sum	sum	NOUN
ajeer-1274	228	14	squared	square	VERB
ajeer-1274	228	15	resid	resid	NOUN
ajeer-1274	228	16	1.381350	1.381350	NUM
ajeer-1274	228	17	schwarz	schwarz	NOUN
ajeer-1274	228	18	criterion	criterion	NOUN
ajeer-1274	228	19	0.236723	0.236723	NUM
ajeer-1274	228	20	log	log	NOUN
ajeer-1274	228	21	likelihood	likelihood	NOUN
ajeer-1274	228	22	4.876764	4.876764	NUM
ajeer-1274	228	23	hannan	hannan	PROPN
ajeer-1274	228	24	-	-	PUNCT
ajeer-1274	228	25	quinn	quinn	PROPN
ajeer-1274	228	26	criter	criter	NOUN
ajeer-1274	228	27	.	.	PUNCT
ajeer-1274	229	1	0.083616	0.083616	NUM
ajeer-1274	229	2	f	f	X
ajeer-1274	229	3	-	-	PUNCT
ajeer-1274	229	4	statistic	statistic	ADJ
ajeer-1274	229	5	46.89958	46.89958	NUM
ajeer-1274	229	6	durbin	durbin	ADJ
ajeer-1274	229	7	-	-	PUNCT
ajeer-1274	229	8	watson	watson	NOUN
ajeer-1274	229	9	stat	stat	NOUN
ajeer-1274	229	10	1.993854	1.993854	NUM
ajeer-1274	229	11	prob(f	prob(f	NOUN
ajeer-1274	229	12	-	-	PUNCT
ajeer-1274	229	13	statistic	statistic	NOUN
ajeer-1274	229	14	)	)	PUNCT
ajeer-1274	229	15	0.000000	0.000000	NUM
ajeer-1274	229	16	table	table	NOUN
ajeer-1274	229	17	4	4	NUM
ajeer-1274	229	18	x	x	NOUN
ajeer-1274	229	19	-	-	NOUN
ajeer-1274	229	20	rays	ray	VERB
ajeer-1274	229	21	the	the	DET
ajeer-1274	229	22	impact	impact	NOUN
ajeer-1274	229	23	of	of	ADP
ajeer-1274	229	24	external	external	ADJ
ajeer-1274	229	25	debt	debt	NOUN
ajeer-1274	229	26	stock	stock	NOUN
ajeer-1274	229	27	and	and	CCONJ
ajeer-1274	229	28	external	external	ADJ
ajeer-1274	229	29	debt	debt	NOUN
ajeer-1274	229	30	service	service	NOUN
ajeer-1274	229	31	payments	payment	NOUN
ajeer-1274	229	32	on	on	ADP
ajeer-1274	229	33	nigeria	nigeria	PROPN
ajeer-1274	229	34	’s	’s	PART
ajeer-1274	229	35	foreign	foreign	ADJ
ajeer-1274	229	36	exchange	exchange	NOUN
ajeer-1274	229	37	reserves	reserve	NOUN
ajeer-1274	229	38	.	.	PUNCT
ajeer-1274	230	1	the	the	DET
ajeer-1274	230	2	adjusted	adjusted	ADJ
ajeer-1274	230	3	coefficient	coefficient	NOUN
ajeer-1274	230	4	of	of	ADP
ajeer-1274	230	5	determinant	determinant	ADJ
ajeer-1274	230	6	indicated	indicate	VERB
ajeer-1274	230	7	that	that	SCONJ
ajeer-1274	230	8	86	86	NUM
ajeer-1274	230	9	%	%	NOUN
ajeer-1274	230	10	variation	variation	NOUN
ajeer-1274	230	11	in	in	ADP
ajeer-1274	230	12	the	the	DET
ajeer-1274	230	13	dependent	dependent	ADJ
ajeer-1274	230	14	variable	variable	NOUN
ajeer-1274	230	15	is	be	AUX
ajeer-1274	230	16	explained	explain	VERB
ajeer-1274	230	17	by	by	ADP
ajeer-1274	230	18	the	the	DET
ajeer-1274	230	19	explanatory	explanatory	ADJ
ajeer-1274	230	20	variables	variable	NOUN
ajeer-1274	230	21	used	use	VERB
ajeer-1274	230	22	in	in	ADP
ajeer-1274	230	23	the	the	DET
ajeer-1274	230	24	study	study	NOUN
ajeer-1274	230	25	.	.	PUNCT
ajeer-1274	231	1	this	this	PRON
ajeer-1274	231	2	implies	imply	VERB
ajeer-1274	231	3	that	that	SCONJ
ajeer-1274	231	4	the	the	DET
ajeer-1274	231	5	remaining	remain	VERB
ajeer-1274	231	6	14	14	NUM
ajeer-1274	231	7	%	%	NOUN
ajeer-1274	231	8	of	of	ADP
ajeer-1274	231	9	variation	variation	NOUN
ajeer-1274	231	10	is	be	AUX
ajeer-1274	231	11	not	not	PART
ajeer-1274	231	12	captured	capture	VERB
ajeer-1274	231	13	in	in	ADP
ajeer-1274	231	14	this	this	DET
ajeer-1274	231	15	study	study	NOUN
ajeer-1274	231	16	.	.	PUNCT
ajeer-1274	232	1	the	the	DET
ajeer-1274	232	2	adjusted	adjust	VERB
ajeer-1274	232	3	r2	r2	PROPN
ajeer-1274	232	4	coefficient	coefficient	NOUN
ajeer-1274	232	5	further	far	ADV
ajeer-1274	232	6	indicates	indicate	VERB
ajeer-1274	232	7	that	that	SCONJ
ajeer-1274	232	8	the	the	DET
ajeer-1274	232	9	model	model	NOUN
ajeer-1274	232	10	is	be	AUX
ajeer-1274	232	11	well	well	ADV
ajeer-1274	232	12	fitted	fit	VERB
ajeer-1274	232	13	.	.	PUNCT
ajeer-1274	233	1	this	this	PRON
ajeer-1274	233	2	is	be	AUX
ajeer-1274	233	3	corroborated	corroborate	VERB
ajeer-1274	233	4	by	by	ADP
ajeer-1274	233	5	the	the	DET
ajeer-1274	233	6	dw	dw	PROPN
ajeer-1274	233	7	statistics	statistic	NOUN
ajeer-1274	233	8	of	of	ADP
ajeer-1274	233	9	1.993854	1.993854	NUM
ajeer-1274	233	10	(	(	PUNCT
ajeer-1274	233	11	which	which	PRON
ajeer-1274	233	12	is	be	AUX
ajeer-1274	233	13	approximately	approximately	ADV
ajeer-1274	233	14	2	2	NUM
ajeer-1274	233	15	)	)	PUNCT
ajeer-1274	233	16	;	;	PUNCT
ajeer-1274	233	17	indicating	indicate	VERB
ajeer-1274	233	18	that	that	SCONJ
ajeer-1274	233	19	there	there	PRON
ajeer-1274	233	20	is	be	VERB
ajeer-1274	233	21	no	no	DET
ajeer-1274	233	22	first	first	ADJ
ajeer-1274	233	23	order	order	NOUN
ajeer-1274	233	24	serial	serial	ADJ
ajeer-1274	233	25	autocorrelation	autocorrelation	NOUN
ajeer-1274	233	26	.	.	PUNCT
ajeer-1274	234	1	additionally	additionally	ADV
ajeer-1274	234	2	,	,	PUNCT
ajeer-1274	234	3	the	the	DET
ajeer-1274	234	4	indicator	indicator	NOUN
ajeer-1274	234	5	of	of	ADP
ajeer-1274	234	6	the	the	DET
ajeer-1274	234	7	statistics	statistic	NOUN
ajeer-1274	234	8	of	of	ADP
ajeer-1274	234	9	significance	significance	NOUN
ajeer-1274	234	10	of	of	ADP
ajeer-1274	234	11	the	the	DET
ajeer-1274	234	12	entire	entire	ADJ
ajeer-1274	234	13	model	model	NOUN
ajeer-1274	234	14	(	(	PUNCT
ajeer-1274	234	15	the	the	DET
ajeer-1274	234	16	fisher	fisher	PROPN
ajeer-1274	234	17	’s	’s	PART
ajeer-1274	234	18	ratio	ratio	NOUN
ajeer-1274	234	19	)	)	PUNCT
ajeer-1274	234	20	signaled	signal	VERB
ajeer-1274	234	21	that	that	SCONJ
ajeer-1274	234	22	the	the	DET
ajeer-1274	234	23	model	model	NOUN
ajeer-1274	234	24	is	be	AUX
ajeer-1274	234	25	statistically	statistically	ADV
ajeer-1274	234	26	significant	significant	ADJ
ajeer-1274	234	27	.	.	PUNCT
ajeer-1274	235	1	furthermore	furthermore	ADV
ajeer-1274	235	2	,	,	PUNCT
ajeer-1274	235	3	the	the	DET
ajeer-1274	235	4	coefficient	coefficient	NOUN
ajeer-1274	235	5	of	of	ADP
ajeer-1274	235	6	the	the	DET
ajeer-1274	235	7	error	error	NOUN
ajeer-1274	235	8	correction	correction	NOUN
ajeer-1274	235	9	term	term	NOUN
ajeer-1274	235	10	is	be	AUX
ajeer-1274	235	11	negative	negative	ADJ
ajeer-1274	235	12	.	.	PUNCT
ajeer-1274	236	1	this	this	PRON
ajeer-1274	236	2	implies	imply	VERB
ajeer-1274	236	3	that	that	SCONJ
ajeer-1274	236	4	the	the	DET
ajeer-1274	236	5	model	model	NOUN
ajeer-1274	236	6	has	have	VERB
ajeer-1274	236	7	capacity	capacity	NOUN
ajeer-1274	236	8	to	to	PART
ajeer-1274	236	9	adjust	adjust	VERB
ajeer-1274	236	10	and	and	CCONJ
ajeer-1274	236	11	return	return	VERB
ajeer-1274	236	12	periodically	periodically	ADV
ajeer-1274	236	13	to	to	ADP
ajeer-1274	236	14	equilibrium	equilibrium	NOUN
ajeer-1274	236	15	.	.	PUNCT
ajeer-1274	237	1	specifically	specifically	ADV
ajeer-1274	237	2	,	,	PUNCT
ajeer-1274	237	3	the	the	DET
ajeer-1274	237	4	coefficient	coefficient	NOUN
ajeer-1274	237	5	showed	show	VERB
ajeer-1274	237	6	that	that	SCONJ
ajeer-1274	237	7	there	there	PRON
ajeer-1274	237	8	is	be	VERB
ajeer-1274	237	9	a	a	DET
ajeer-1274	237	10	36	36	NUM
ajeer-1274	237	11	%	%	NOUN
ajeer-1274	237	12	slow	slow	ADJ
ajeer-1274	237	13	speed	speed	NOUN
ajeer-1274	237	14	of	of	ADP
ajeer-1274	237	15	adjustment	adjustment	NOUN
ajeer-1274	237	16	to	to	ADP
ajeer-1274	237	17	equilibrium	equilibrium	NOUN
ajeer-1274	237	18	.	.	PUNCT
ajeer-1274	238	1	this	this	PRON
ajeer-1274	238	2	further	far	ADV
ajeer-1274	238	3	indicates	indicate	VERB
ajeer-1274	238	4	that	that	SCONJ
ajeer-1274	238	5	the	the	DET
ajeer-1274	238	6	model	model	NOUN
ajeer-1274	238	7	is	be	AUX
ajeer-1274	238	8	fit	fit	ADJ
ajeer-1274	238	9	and	and	CCONJ
ajeer-1274	238	10	adequate	adequate	ADJ
ajeer-1274	238	11	for	for	ADP
ajeer-1274	238	12	the	the	DET
ajeer-1274	238	13	purpose	purpose	NOUN
ajeer-1274	238	14	of	of	ADP
ajeer-1274	238	15	the	the	DET
ajeer-1274	238	16	study	study	NOUN
ajeer-1274	238	17	.	.	PUNCT
ajeer-1274	239	1	furthermore	furthermore	ADV
ajeer-1274	239	2	,	,	PUNCT
ajeer-1274	239	3	the	the	DET
ajeer-1274	239	4	explanatory	explanatory	ADJ
ajeer-1274	239	5	variables	variable	NOUN
ajeer-1274	239	6	aver	aver	PROPN
ajeer-1274	239	7	as	as	SCONJ
ajeer-1274	239	8	follows	follow	VERB
ajeer-1274	239	9	;	;	PUNCT
ajeer-1274	239	10	external	external	ADJ
ajeer-1274	239	11	debt	debt	NOUN
ajeer-1274	239	12	stock	stock	NOUN
ajeer-1274	239	13	(	(	PUNCT
ajeer-1274	239	14	exds	exds	NOUN
ajeer-1274	239	15	)	)	PUNCT
ajeer-1274	239	16	,	,	PUNCT
ajeer-1274	239	17	which	which	PRON
ajeer-1274	239	18	captures	capture	VERB
ajeer-1274	239	19	nigeria	nigeria	PROPN
ajeer-1274	239	20	’s	’s	PART
ajeer-1274	239	21	external	external	ADJ
ajeer-1274	239	22	debt	debt	NOUN
ajeer-1274	239	23	portfolio	portfolio	NOUN
ajeer-1274	239	24	to	to	ADP
ajeer-1274	239	25	foreign	foreign	ADJ
ajeer-1274	239	26	financial	financial	ADJ
ajeer-1274	239	27	institutions	institution	NOUN
ajeer-1274	239	28	indicated	indicate	VERB
ajeer-1274	239	29	that	that	SCONJ
ajeer-1274	239	30	the	the	DET
ajeer-1274	239	31	external	external	ADJ
ajeer-1274	239	32	debt	debt	NOUN
ajeer-1274	239	33	stock	stock	NOUN
ajeer-1274	239	34	exert	exert	VERB
ajeer-1274	239	35	a	a	DET
ajeer-1274	239	36	negative	negative	ADJ
ajeer-1274	239	37	impact	impact	NOUN
ajeer-1274	239	38	on	on	ADP
ajeer-1274	239	39	nigeria	nigeria	PROPN
ajeer-1274	239	40	’s	’s	PART
ajeer-1274	239	41	foreign	foreign	PROPN
ajeer-1274	239	42	exchange	exchange	NOUN
ajeer-1274	239	43	reserve	reserve	NOUN
ajeer-1274	239	44	portfolios	portfolio	NOUN
ajeer-1274	239	45	.	.	PUNCT
ajeer-1274	240	1	the	the	DET
ajeer-1274	240	2	measure	measure	NOUN
ajeer-1274	240	3	of	of	ADP
ajeer-1274	240	4	significance	significance	NOUN
ajeer-1274	240	5	(	(	PUNCT
ajeer-1274	240	6	t	t	NOUN
ajeer-1274	240	7	-	-	PUNCT
ajeer-1274	240	8	statistics	statistic	NOUN
ajeer-1274	240	9	)	)	PUNCT
ajeer-1274	240	10	also	also	ADV
ajeer-1274	240	11	indicated	indicate	VERB
ajeer-1274	240	12	it	it	PRON
ajeer-1274	240	13	has	have	VERB
ajeer-1274	240	14	a	a	DET
ajeer-1274	240	15	statistically	statistically	ADV
ajeer-1274	240	16	significant	significant	ADJ
ajeer-1274	240	17	impact	impact	NOUN
ajeer-1274	240	18	on	on	ADP
ajeer-1274	240	19	international	international	ADJ
ajeer-1274	240	20	reserves	reserve	NOUN
ajeer-1274	240	21	.	.	PUNCT
ajeer-1274	241	1	this	this	PRON
ajeer-1274	241	2	is	be	AUX
ajeer-1274	241	3	indicative	indicative	ADJ
ajeer-1274	241	4	of	of	ADP
ajeer-1274	241	5	the	the	DET
ajeer-1274	241	6	fact	fact	NOUN
ajeer-1274	241	7	that	that	SCONJ
ajeer-1274	241	8	,	,	PUNCT
ajeer-1274	241	9	the	the	DET
ajeer-1274	241	10	coefficient	coefficient	NOUN
ajeer-1274	241	11	of	of	ADP
ajeer-1274	241	12	external	external	ADJ
ajeer-1274	241	13	debt	debt	NOUN
ajeer-1274	241	14	stock	stock	NOUN
ajeer-1274	241	15	is	be	AUX
ajeer-1274	241	16	negative	negative	ADJ
ajeer-1274	241	17	and	and	CCONJ
ajeer-1274	241	18	the	the	DET
ajeer-1274	241	19	p	p	NOUN
ajeer-1274	241	20	-	-	PUNCT
ajeer-1274	241	21	value	value	NOUN
ajeer-1274	241	22	is	be	AUX
ajeer-1274	241	23	below	below	ADP
ajeer-1274	241	24	the	the	DET
ajeer-1274	241	25	5	5	NUM
ajeer-1274	241	26	%	%	NOUN
ajeer-1274	241	27	acceptable	acceptable	ADJ
ajeer-1274	241	28	level	level	NOUN
ajeer-1274	241	29	of	of	ADP
ajeer-1274	241	30	significance	significance	NOUN
ajeer-1274	241	31	.	.	PUNCT
ajeer-1274	242	1	this	this	PRON
ajeer-1274	242	2	implies	imply	VERB
ajeer-1274	242	3	the	the	DET
ajeer-1274	242	4	external	external	ADJ
ajeer-1274	242	5	public	public	ADJ
ajeer-1274	242	6	debt	debt	NOUN
ajeer-1274	242	7	stock	stock	NOUN
ajeer-1274	242	8	has	have	AUX
ajeer-1274	242	9	no	no	DET
ajeer-1274	242	10	bearing	bear	VERB
ajeer-1274	242	11	the	the	DET
ajeer-1274	242	12	accumulation	accumulation	NOUN
ajeer-1274	242	13	of	of	ADP
ajeer-1274	242	14	the	the	DET
ajeer-1274	242	15	international	international	ADJ
ajeer-1274	242	16	reserves	reserve	NOUN
ajeer-1274	242	17	of	of	ADP
ajeer-1274	242	18	the	the	DET
ajeer-1274	242	19	country	country	NOUN
ajeer-1274	242	20	.	.	PUNCT
ajeer-1274	243	1	this	this	DET
ajeer-1274	243	2	further	far	ADV
ajeer-1274	243	3	avers	aver	VERB
ajeer-1274	243	4	that	that	SCONJ
ajeer-1274	243	5	the	the	DET
ajeer-1274	243	6	external	external	ADJ
ajeer-1274	243	7	debt	debt	NOUN
ajeer-1274	243	8	stock	stock	NOUN
ajeer-1274	243	9	and	and	CCONJ
ajeer-1274	243	10	international	international	ADJ
ajeer-1274	243	11	reserves	reserve	NOUN
ajeer-1274	243	12	have	have	VERB
ajeer-1274	243	13	no	no	DET
ajeer-1274	243	14	direct	direct	ADJ
ajeer-1274	243	15	link	link	NOUN
ajeer-1274	243	16	.	.	PUNCT
ajeer-1274	244	1	this	this	PRON
ajeer-1274	244	2	is	be	AUX
ajeer-1274	244	3	contrary	contrary	ADJ
ajeer-1274	244	4	to	to	ADP
ajeer-1274	244	5	economic	economic	ADJ
ajeer-1274	244	6	theory	theory	NOUN
ajeer-1274	244	7	which	which	PRON
ajeer-1274	244	8	holds	hold	VERB
ajeer-1274	244	9	that	that	DET
ajeer-1274	244	10	exponential	exponential	ADJ
ajeer-1274	244	11	increase	increase	NOUN
ajeer-1274	244	12	in	in	ADP
ajeer-1274	244	13	the	the	DET
ajeer-1274	244	14	external	external	ADJ
ajeer-1274	244	15	debt	debt	NOUN
ajeer-1274	244	16	stock	stock	NOUN
ajeer-1274	244	17	would	would	AUX
ajeer-1274	244	18	lead	lead	VERB
ajeer-1274	244	19	to	to	ADP
ajeer-1274	244	20	the	the	DET
ajeer-1274	244	21	depletion	depletion	NOUN
ajeer-1274	244	22	of	of	ADP
ajeer-1274	244	23	the	the	DET
ajeer-1274	244	24	reserves	reserve	NOUN
ajeer-1274	244	25	of	of	ADP
ajeer-1274	244	26	a	a	DET
ajeer-1274	244	27	nation	nation	NOUN
ajeer-1274	244	28	due	due	ADP
ajeer-1274	244	29	to	to	ADP
ajeer-1274	244	30	the	the	DET
ajeer-1274	244	31	fact	fact	NOUN
ajeer-1274	244	32	that	that	SCONJ
ajeer-1274	244	33	external	external	ADJ
ajeer-1274	244	34	settlements	settlement	NOUN
ajeer-1274	244	35	are	be	AUX
ajeer-1274	244	36	sourced	source	VERB
ajeer-1274	244	37	and	and	CCONJ
ajeer-1274	244	38	paid	pay	VERB
ajeer-1274	244	39	from	from	ADP
ajeer-1274	244	40	the	the	DET
ajeer-1274	244	41	international	international	ADJ
ajeer-1274	244	42	reserves	reserve	NOUN
ajeer-1274	244	43	of	of	ADP
ajeer-1274	244	44	the	the	DET
ajeer-1274	244	45	sovereign	sovereign	ADJ
ajeer-1274	244	46	nation	nation	NOUN
ajeer-1274	244	47	.	.	PUNCT
ajeer-1274	245	1	external	external	ADJ
ajeer-1274	245	2	debt	debt	NOUN
ajeer-1274	245	3	service	service	NOUN
ajeer-1274	245	4	payments	payment	NOUN
ajeer-1274	245	5	(	(	PUNCT
ajeer-1274	245	6	exdsp	exdsp	NOUN
ajeer-1274	245	7	)	)	PUNCT
ajeer-1274	245	8	,	,	PUNCT
ajeer-1274	245	9	which	which	PRON
ajeer-1274	245	10	captures	capture	VERB
ajeer-1274	245	11	the	the	DET
ajeer-1274	245	12	interest	interest	NOUN
ajeer-1274	245	13	payable	payable	ADJ
ajeer-1274	245	14	to	to	ADP
ajeer-1274	245	15	internal	internal	ADJ
ajeer-1274	245	16	financial	financial	ADJ
ajeer-1274	245	17	institutions	institution	NOUN
ajeer-1274	245	18	,	,	PUNCT
ajeer-1274	245	19	indicated	indicate	VERB
ajeer-1274	245	20	that	that	SCONJ
ajeer-1274	245	21	the	the	DET
ajeer-1274	245	22	variable	variable	NOUN
ajeer-1274	245	23	exerted	exert	VERB
ajeer-1274	245	24	a	a	DET
ajeer-1274	245	25	positive	positive	ADJ
ajeer-1274	245	26	and	and	CCONJ
ajeer-1274	245	27	statistically	statistically	ADV
ajeer-1274	245	28	insignificant	insignificant	ADJ
ajeer-1274	245	29	impact	impact	NOUN
ajeer-1274	245	30	on	on	ADP
ajeer-1274	245	31	the	the	DET
ajeer-1274	245	32	international	international	ADJ
ajeer-1274	245	33	reserves	reserve	NOUN
ajeer-1274	245	34	of	of	ADP
ajeer-1274	245	35	nigeria	nigeria	PROPN
ajeer-1274	245	36	.	.	PUNCT
ajeer-1274	246	1	this	this	PRON
ajeer-1274	246	2	is	be	AUX
ajeer-1274	246	3	indicative	indicative	ADJ
ajeer-1274	246	4	of	of	ADP
ajeer-1274	246	5	the	the	DET
ajeer-1274	246	6	fact	fact	NOUN
ajeer-1274	246	7	that	that	SCONJ
ajeer-1274	246	8	,	,	PUNCT
ajeer-1274	246	9	the	the	DET
ajeer-1274	246	10	coefficient	coefficient	NOUN
ajeer-1274	246	11	of	of	ADP
ajeer-1274	246	12	external	external	ADJ
ajeer-1274	246	13	debt	debt	NOUN
ajeer-1274	246	14	service	service	NOUN
ajeer-1274	246	15	payment	payment	NOUN
ajeer-1274	246	16	is	be	AUX
ajeer-1274	246	17	positive	positive	ADJ
ajeer-1274	246	18	and	and	CCONJ
ajeer-1274	246	19	the	the	DET
ajeer-1274	246	20	pvalue	pvalue	NOUN
ajeer-1274	246	21	is	be	AUX
ajeer-1274	246	22	above	above	ADP
ajeer-1274	246	23	the	the	DET
ajeer-1274	246	24	5	5	NUM
ajeer-1274	246	25	%	%	NOUN
ajeer-1274	246	26	tolerable	tolerable	ADJ
ajeer-1274	246	27	level	level	NOUN
ajeer-1274	246	28	of	of	ADP
ajeer-1274	246	29	significance	significance	NOUN
ajeer-1274	246	30	.	.	PUNCT
ajeer-1274	247	1	this	this	PRON
ajeer-1274	247	2	goes	go	VERB
ajeer-1274	247	3	to	to	PART
ajeer-1274	247	4	say	say	VERB
ajeer-1274	247	5	that	that	SCONJ
ajeer-1274	247	6	external	external	ADJ
ajeer-1274	247	7	debt	debt	NOUN
ajeer-1274	247	8	service	service	NOUN
ajeer-1274	247	9	payments	payment	NOUN
ajeer-1274	247	10	have	have	VERB
ajeer-1274	247	11	an	an	DET
ajeer-1274	247	12	insignificant	insignificant	ADJ
ajeer-1274	247	13	capacity	capacity	NOUN
ajeer-1274	247	14	to	to	PART
ajeer-1274	247	15	deplete	deplete	VERB
ajeer-1274	247	16	the	the	DET
ajeer-1274	247	17	foreign	foreign	ADJ
ajeer-1274	247	18	exchange	exchange	NOUN
ajeer-1274	247	19	reserve	reserve	NOUN
ajeer-1274	247	20	holding	holding	NOUN
ajeer-1274	247	21	of	of	ADP
ajeer-1274	247	22	nigeria	nigeria	PROPN
ajeer-1274	247	23	.	.	PUNCT
ajeer-1274	248	1	this	this	PRON
ajeer-1274	248	2	implies	imply	VERB
ajeer-1274	248	3	that	that	SCONJ
ajeer-1274	248	4	as	as	SCONJ
ajeer-1274	248	5	the	the	DET
ajeer-1274	248	6	external	external	ADJ
ajeer-1274	248	7	debt	debt	NOUN
ajeer-1274	248	8	service	service	NOUN
ajeer-1274	248	9	payments	payment	NOUN
ajeer-1274	248	10	increase	increase	NOUN
ajeer-1274	248	11	,	,	PUNCT
ajeer-1274	248	12	maybe	maybe	ADV
ajeer-1274	248	13	as	as	ADP
ajeer-1274	248	14	a	a	DET
ajeer-1274	248	15	result	result	NOUN
ajeer-1274	248	16	of	of	ADP
ajeer-1274	248	17	the	the	DET
ajeer-1274	248	18	accumulation	accumulation	NOUN
ajeer-1274	248	19	of	of	ADP
ajeer-1274	248	20	more	more	ADJ
ajeer-1274	248	21	external	external	ADJ
ajeer-1274	248	22	debt	debt	NOUN
ajeer-1274	248	23	and	and	CCONJ
ajeer-1274	248	24	or	or	CCONJ
ajeer-1274	248	25	as	as	ADP
ajeer-1274	248	26	a	a	DET
ajeer-1274	248	27	result	result	NOUN
ajeer-1274	248	28	of	of	ADP
ajeer-1274	248	29	increase	increase	NOUN
ajeer-1274	248	30	in	in	ADP
ajeer-1274	248	31	international	international	ADJ
ajeer-1274	248	32	lending	lending	NOUN
ajeer-1274	248	33	interest	interest	NOUN
ajeer-1274	248	34	rate	rate	NOUN
ajeer-1274	248	35	;	;	PUNCT
ajeer-1274	248	36	so	so	ADV
ajeer-1274	248	37	does	do	AUX
ajeer-1274	248	38	it	it	PRON
ajeer-1274	248	39	drain	drain	VERB
ajeer-1274	248	40	the	the	DET
ajeer-1274	248	41	international	international	ADJ
ajeer-1274	248	42	reserves	reserve	NOUN
ajeer-1274	248	43	of	of	ADP
ajeer-1274	248	44	the	the	DET
ajeer-1274	248	45	nation	nation	NOUN
ajeer-1274	248	46	at	at	ADP
ajeer-1274	248	47	insignificant	insignificant	ADJ
ajeer-1274	248	48	proportions	proportion	NOUN
ajeer-1274	248	49	.	.	PUNCT
ajeer-1274	249	1	the	the	DET
ajeer-1274	249	2	finding	finding	NOUN
ajeer-1274	249	3	by	by	ADP
ajeer-1274	249	4	anidiobu	anidiobu	NOUN
ajeer-1274	249	5	and	and	CCONJ
ajeer-1274	249	6	okolie	okolie	PROPN
ajeer-1274	249	7	(	(	PUNCT
ajeer-1274	249	8	2016	2016	NUM
ajeer-1274	249	9	)	)	PUNCT
ajeer-1274	249	10	is	be	AUX
ajeer-1274	249	11	a	a	DET
ajeer-1274	249	12	close	close	ADJ
ajeer-1274	249	13	aproximation	aproximation	NOUN
ajeer-1274	249	14	to	to	ADP
ajeer-1274	249	15	the	the	DET
ajeer-1274	249	16	findings	finding	NOUN
ajeer-1274	249	17	of	of	ADP
ajeer-1274	249	18	this	this	DET
ajeer-1274	249	19	study	study	NOUN
ajeer-1274	249	20	.	.	PUNCT
ajeer-1274	250	1	this	this	PRON
ajeer-1274	250	2	closely	closely	ADV
ajeer-1274	250	3	follows	follow	VERB
ajeer-1274	250	4	economic	economic	ADJ
ajeer-1274	250	5	theory	theory	NOUN
ajeer-1274	250	6	which	which	PRON
ajeer-1274	250	7	holds	hold	VERB
ajeer-1274	250	8	that	that	DET
ajeer-1274	250	9	exponential	exponential	ADJ
ajeer-1274	250	10	increase	increase	NOUN
ajeer-1274	250	11	in	in	ADP
ajeer-1274	250	12	the	the	DET
ajeer-1274	250	13	external	external	ADJ
ajeer-1274	250	14	debt	debt	NOUN
ajeer-1274	250	15	servicing	servicing	NOUN
ajeer-1274	250	16	would	would	AUX
ajeer-1274	250	17	lead	lead	VERB
ajeer-1274	250	18	to	to	ADP
ajeer-1274	250	19	the	the	DET
ajeer-1274	250	20	depletion	depletion	NOUN
ajeer-1274	250	21	of	of	ADP
ajeer-1274	250	22	the	the	DET
ajeer-1274	250	23	reserves	reserve	NOUN
ajeer-1274	250	24	of	of	ADP
ajeer-1274	250	25	a	a	DET
ajeer-1274	250	26	nation	nation	NOUN
ajeer-1274	250	27	due	due	ADP
ajeer-1274	250	28	to	to	ADP
ajeer-1274	250	29	the	the	DET
ajeer-1274	250	30	fact	fact	NOUN
ajeer-1274	250	31	that	that	SCONJ
ajeer-1274	250	32	external	external	ADJ
ajeer-1274	250	33	settlements	settlement	NOUN
ajeer-1274	250	34	are	be	AUX
ajeer-1274	250	35	sourced	source	VERB
ajeer-1274	250	36	and	and	CCONJ
ajeer-1274	250	37	paid	pay	VERB
ajeer-1274	250	38	from	from	ADP
ajeer-1274	250	39	the	the	DET
ajeer-1274	250	40	international	international	ADJ
ajeer-1274	250	41	reserves	reserve	NOUN
ajeer-1274	250	42	of	of	ADP
ajeer-1274	250	43	the	the	DET
ajeer-1274	250	44	sovereign	sovereign	ADJ
ajeer-1274	250	45	nation	nation	NOUN
ajeer-1274	250	46	.	.	PUNCT
ajeer-1274	251	1	6	6	X
ajeer-1274	251	2	.	.	X
ajeer-1274	251	3	conclusion	conclusion	NOUN
ajeer-1274	251	4	this	this	DET
ajeer-1274	251	5	study	study	NOUN
ajeer-1274	251	6	examines	examine	VERB
ajeer-1274	251	7	the	the	DET
ajeer-1274	251	8	impact	impact	NOUN
ajeer-1274	251	9	of	of	ADP
ajeer-1274	251	10	external	external	ADJ
ajeer-1274	251	11	debt	debt	NOUN
ajeer-1274	251	12	and	and	CCONJ
ajeer-1274	251	13	external	external	ADJ
ajeer-1274	251	14	debt	debt	NOUN
ajeer-1274	251	15	servicing	servicing	NOUN
ajeer-1274	251	16	on	on	ADP
ajeer-1274	251	17	the	the	DET
ajeer-1274	251	18	international	international	ADJ
ajeer-1274	251	19	reserves	reserve	NOUN
ajeer-1274	251	20	of	of	ADP
ajeer-1274	251	21	nigeria	nigeria	PROPN
ajeer-1274	251	22	.	.	PUNCT
ajeer-1274	252	1	historical	historical	ADJ
ajeer-1274	252	2	data	datum	NOUN
ajeer-1274	252	3	spanning	span	VERB
ajeer-1274	252	4	1981	1981	NUM
ajeer-1274	252	5	to	to	ADP
ajeer-1274	252	6	2018	2018	NUM
ajeer-1274	252	7	was	be	AUX
ajeer-1274	252	8	collated	collate	VERB
ajeer-1274	252	9	and	and	CCONJ
ajeer-1274	252	10	analysed	analyse	VERB
ajeer-1274	252	11	using	use	VERB
ajeer-1274	252	12	the	the	DET
ajeer-1274	252	13	error	error	NOUN
ajeer-1274	252	14	correction	correction	NOUN
ajeer-1274	252	15	mechanism	mechanism	NOUN
ajeer-1274	252	16	as	as	ADP
ajeer-1274	252	17	the	the	DET
ajeer-1274	252	18	unit	unit	NOUN
ajeer-1274	252	19	of	of	ADP
ajeer-1274	252	20	analyses	analysis	NOUN
ajeer-1274	252	21	and	and	CCONJ
ajeer-1274	252	22	estimated	estimate	VERB
ajeer-1274	252	23	employing	employ	VERB
ajeer-1274	252	24	the	the	DET
ajeer-1274	252	25	least	least	ADJ
ajeer-1274	252	26	square	square	ADJ
ajeer-1274	252	27	technique	technique	NOUN
ajeer-1274	252	28	.	.	PUNCT
ajeer-1274	253	1	the	the	DET
ajeer-1274	253	2	findings	finding	NOUN
ajeer-1274	253	3	indicates	indicate	VERB
ajeer-1274	253	4	that	that	SCONJ
ajeer-1274	253	5	external	external	ADJ
ajeer-1274	253	6	debt	debt	NOUN
ajeer-1274	253	7	stock	stock	NOUN
ajeer-1274	253	8	exert	exert	VERB
ajeer-1274	253	9	a	a	DET
ajeer-1274	253	10	negative	negative	ADJ
ajeer-1274	253	11	and	and	CCONJ
ajeer-1274	253	12	statistically	statistically	ADV
ajeer-1274	253	13	significant	significant	ADJ
ajeer-1274	253	14	impact	impact	NOUN
ajeer-1274	253	15	on	on	ADP
ajeer-1274	253	16	nigeria	nigeria	PROPN
ajeer-1274	253	17	’s	’s	PART
ajeer-1274	253	18	foreign	foreign	PROPN
ajeer-1274	253	19	exchange	exchange	NOUN
ajeer-1274	253	20	reserve	reserve	NOUN
ajeer-1274	253	21	portfolios	portfolio	NOUN
ajeer-1274	253	22	.	.	PUNCT
ajeer-1274	254	1	this	this	PRON
ajeer-1274	254	2	implies	imply	VERB
ajeer-1274	254	3	that	that	SCONJ
ajeer-1274	254	4	external	external	ADJ
ajeer-1274	254	5	debt	debt	NOUN
ajeer-1274	254	6	has	have	VERB
ajeer-1274	254	7	no	no	DET
ajeer-1274	254	8	bearing	bearing	NOUN
ajeer-1274	254	9	on	on	ADP
ajeer-1274	254	10	the	the	DET
ajeer-1274	254	11	foreign	foreign	ADJ
ajeer-1274	254	12	exchange	exchange	NOUN
ajeer-1274	254	13	reserve	reserve	NOUN
ajeer-1274	254	14	portfolios	portfolio	NOUN
ajeer-1274	254	15	of	of	ADP
ajeer-1274	254	16	the	the	DET
ajeer-1274	254	17	country	country	NOUN
ajeer-1274	254	18	.	.	PUNCT
ajeer-1274	255	1	it	it	PRON
ajeer-1274	255	2	further	far	ADV
ajeer-1274	255	3	emerged	emerge	VERB
ajeer-1274	255	4	that	that	SCONJ
ajeer-1274	255	5	external	external	ADJ
ajeer-1274	255	6	debt	debt	NOUN
ajeer-1274	255	7	service	service	NOUN
ajeer-1274	255	8	payments	payment	NOUN
ajeer-1274	255	9	exert	exert	VERB
ajeer-1274	255	10	a	a	DET
ajeer-1274	255	11	positive	positive	ADJ
ajeer-1274	255	12	but	but	CCONJ
ajeer-1274	255	13	statistically	statistically	ADV
ajeer-1274	255	14	insignificant	insignificant	ADJ
ajeer-1274	255	15	impact	impact	NOUN
ajeer-1274	255	16	on	on	ADP
ajeer-1274	255	17	the	the	DET
ajeer-1274	255	18	asian	asian	ADJ
ajeer-1274	255	19	journal	journal	NOUN
ajeer-1274	255	20	of	of	ADP
ajeer-1274	255	21	economics	economic	NOUN
ajeer-1274	255	22	and	and	CCONJ
ajeer-1274	255	23	empirical	empirical	ADJ
ajeer-1274	255	24	research	research	NOUN
ajeer-1274	255	25	,	,	PUNCT
ajeer-1274	255	26	2020	2020	NUM
ajeer-1274	255	27	,	,	PUNCT
ajeer-1274	255	28	7(1	7(1	NUM
ajeer-1274	255	29	):	):	PUNCT
ajeer-1274	255	30	1	1	NUM
ajeer-1274	255	31	-	-	SYM
ajeer-1274	255	32	7	7	NUM
ajeer-1274	255	33	7	7	NUM
ajeer-1274	255	34	©	©	PROPN
ajeer-1274	255	35	2020	2020	NUM
ajeer-1274	255	36	by	by	ADP
ajeer-1274	255	37	the	the	DET
ajeer-1274	255	38	authors	author	NOUN
ajeer-1274	255	39	;	;	PUNCT
ajeer-1274	255	40	licensee	licensee	PROPN
ajeer-1274	255	41	asian	asian	ADJ
ajeer-1274	255	42	online	online	PROPN
ajeer-1274	255	43	journal	journal	PROPN
ajeer-1274	255	44	publishing	publishing	NOUN
ajeer-1274	255	45	group	group	NOUN
ajeer-1274	255	46	international	international	ADJ
ajeer-1274	255	47	reserves	reserve	NOUN
ajeer-1274	255	48	of	of	ADP
ajeer-1274	255	49	nigeria	nigeria	PROPN
ajeer-1274	255	50	.	.	PUNCT
ajeer-1274	256	1	the	the	DET
ajeer-1274	256	2	study	study	NOUN
ajeer-1274	256	3	concludes	conclude	VERB
ajeer-1274	256	4	that	that	SCONJ
ajeer-1274	256	5	external	external	ADJ
ajeer-1274	256	6	debt	debt	NOUN
ajeer-1274	256	7	stock	stock	NOUN
ajeer-1274	256	8	and	and	CCONJ
ajeer-1274	256	9	external	external	ADJ
ajeer-1274	256	10	debt	debt	NOUN
ajeer-1274	256	11	service	service	NOUN
ajeer-1274	256	12	payments	payment	NOUN
ajeer-1274	256	13	has	have	VERB
ajeer-1274	256	14	no	no	DET
ajeer-1274	256	15	significant	significant	ADJ
ajeer-1274	256	16	impact	impact	NOUN
ajeer-1274	256	17	on	on	ADP
ajeer-1274	256	18	the	the	DET
ajeer-1274	256	19	international	international	ADJ
ajeer-1274	256	20	reserve	reserve	NOUN
ajeer-1274	256	21	portfolios	portfolio	NOUN
ajeer-1274	256	22	of	of	ADP
ajeer-1274	256	23	nigeria	nigeria	PROPN
ajeer-1274	256	24	.	.	PUNCT
ajeer-1274	257	1	the	the	DET
ajeer-1274	257	2	study	study	NOUN
ajeer-1274	257	3	recommends	recommend	VERB
ajeer-1274	257	4	that	that	SCONJ
ajeer-1274	257	5	,	,	PUNCT
ajeer-1274	257	6	the	the	DET
ajeer-1274	257	7	fiscal	fiscal	ADJ
ajeer-1274	257	8	managers	manager	NOUN
ajeer-1274	257	9	of	of	ADP
ajeer-1274	257	10	nigeria	nigeria	PROPN
ajeer-1274	257	11	should	should	AUX
ajeer-1274	257	12	exercise	exercise	VERB
ajeer-1274	257	13	cushion	cushion	NOUN
ajeer-1274	257	14	in	in	ADP
ajeer-1274	257	15	external	external	ADJ
ajeer-1274	257	16	borrowing	borrowing	NOUN
ajeer-1274	257	17	in	in	ADP
ajeer-1274	257	18	order	order	NOUN
ajeer-1274	257	19	to	to	PART
ajeer-1274	257	20	ensure	ensure	VERB
ajeer-1274	257	21	that	that	SCONJ
ajeer-1274	257	22	spiraling	spiral	VERB
ajeer-1274	257	23	external	external	ADJ
ajeer-1274	257	24	debt	debt	NOUN
ajeer-1274	257	25	service	service	NOUN
ajeer-1274	257	26	payments	payment	NOUN
ajeer-1274	257	27	does	do	AUX
ajeer-1274	257	28	not	not	PART
ajeer-1274	257	29	deplete	deplete	VERB
ajeer-1274	257	30	the	the	DET
ajeer-1274	257	31	international	international	ADJ
ajeer-1274	257	32	reserves	reserve	NOUN
ajeer-1274	257	33	of	of	ADP
ajeer-1274	257	34	the	the	DET
ajeer-1274	257	35	country	country	NOUN
ajeer-1274	257	36	.	.	PUNCT
ajeer-1274	258	1	references	reference	NOUN
ajeer-1274	258	2	abdullahi	abdullahi	PROPN
ajeer-1274	258	3	,	,	PUNCT
ajeer-1274	258	4	m.m	m.m	PROPN
ajeer-1274	258	5	.	.	PROPN
ajeer-1274	258	6	,	,	PUNCT
ajeer-1274	258	7	n.a.b.a	n.a.b.a	PROPN
ajeer-1274	258	8	.	.	PROPN
ajeer-1274	258	9	bakar	bakar	PROPN
ajeer-1274	258	10	and	and	CCONJ
ajeer-1274	258	11	s.b	s.b	PROPN
ajeer-1274	258	12	.	.	PROPN
ajeer-1274	259	1	hassan	hassan	PROPN
ajeer-1274	259	2	,	,	PUNCT
ajeer-1274	259	3	2015	2015	NUM
ajeer-1274	259	4	.	.	PUNCT
ajeer-1274	260	1	determining	determine	VERB
ajeer-1274	260	2	the	the	DET
ajeer-1274	260	3	macroeconomic	macroeconomic	ADJ
ajeer-1274	260	4	factors	factor	NOUN
ajeer-1274	260	5	of	of	ADP
ajeer-1274	260	6	external	external	ADJ
ajeer-1274	260	7	debt	debt	NOUN
ajeer-1274	260	8	accumulation	accumulation	NOUN
ajeer-1274	260	9	in	in	ADP
ajeer-1274	260	10	nigeria	nigeria	PROPN
ajeer-1274	260	11	:	:	PUNCT
ajeer-1274	260	12	an	an	DET
ajeer-1274	260	13	ardl	ardl	NOUN
ajeer-1274	260	14	bound	bind	VERB
ajeer-1274	260	15	test	test	NOUN
ajeer-1274	260	16	approach	approach	NOUN
ajeer-1274	260	17	.	.	PUNCT
ajeer-1274	261	1	procedia	procedia	NOUN
ajeer-1274	261	2	-	-	PUNCT
ajeer-1274	261	3	social	social	ADJ
ajeer-1274	261	4	and	and	CCONJ
ajeer-1274	261	5	behavioral	behavioral	ADJ
ajeer-1274	261	6	sciences	science	NOUN
ajeer-1274	261	7	,	,	PUNCT
ajeer-1274	261	8	211	211	NUM
ajeer-1274	261	9	:	:	PUNCT
ajeer-1274	261	10	745-752.available	745-752.available	NUM
ajeer-1274	261	11	at	at	ADP
ajeer-1274	261	12	:	:	PUNCT
ajeer-1274	261	13	https://doi.org/10.1016/j.sbspro.2015.11.098	https://doi.org/10.1016/j.sbspro.2015.11.098	X
ajeer-1274	261	14	.	.	PUNCT
ajeer-1274	262	1	akamobi	akamobi	PROPN
ajeer-1274	262	2	,	,	PUNCT
ajeer-1274	262	3	o.g	o.g	PROPN
ajeer-1274	262	4	.	.	PROPN
ajeer-1274	262	5	and	and	CCONJ
ajeer-1274	262	6	o.t	o.t	PROPN
ajeer-1274	262	7	.	.	PROPN
ajeer-1274	262	8	ugwunna	ugwunna	ADJ
ajeer-1274	262	9	,	,	PUNCT
ajeer-1274	262	10	2017	2017	NUM
ajeer-1274	262	11	.	.	PUNCT
ajeer-1274	263	1	determinants	determinant	NOUN
ajeer-1274	263	2	of	of	ADP
ajeer-1274	263	3	foreign	foreign	ADJ
ajeer-1274	263	4	reserve	reserve	NOUN
ajeer-1274	263	5	in	in	ADP
ajeer-1274	263	6	nigeria	nigeria	PROPN
ajeer-1274	263	7	.	.	PUNCT
ajeer-1274	264	1	journal	journal	PROPN
ajeer-1274	264	2	of	of	ADP
ajeer-1274	264	3	economics	economic	NOUN
ajeer-1274	264	4	and	and	CCONJ
ajeer-1274	264	5	sustainable	sustainable	ADJ
ajeer-1274	264	6	development	development	NOUN
ajeer-1274	264	7	,	,	PUNCT
ajeer-1274	264	8	8(20	8(20	NUM
ajeer-1274	264	9	):	):	PUNCT
ajeer-1274	264	10	58	58	NUM
ajeer-1274	264	11	-	-	SYM
ajeer-1274	264	12	67	67	NUM
ajeer-1274	264	13	.	.	PUNCT
ajeer-1274	264	14	akpan	akpan	PROPN
ajeer-1274	264	15	,	,	PUNCT
ajeer-1274	264	16	a.u	a.u	PROPN
ajeer-1274	264	17	.	.	PROPN
ajeer-1274	264	18	,	,	PUNCT
ajeer-1274	264	19	2016	2016	NUM
ajeer-1274	264	20	.	.	PUNCT
ajeer-1274	265	1	foreign	foreign	ADJ
ajeer-1274	265	2	reserves	reserve	NOUN
ajeer-1274	265	3	accumulation	accumulation	NOUN
ajeer-1274	265	4	and	and	CCONJ
ajeer-1274	265	5	macroeconomic	macroeconomic	ADJ
ajeer-1274	265	6	environment	environment	NOUN
ajeer-1274	265	7	:	:	PUNCT
ajeer-1274	265	8	the	the	DET
ajeer-1274	265	9	nigerian	nigerian	ADJ
ajeer-1274	265	10	experience	experience	NOUN
ajeer-1274	265	11	(	(	PUNCT
ajeer-1274	265	12	2004	2004	NUM
ajeer-1274	265	13	-	-	SYM
ajeer-1274	265	14	2014	2014	NUM
ajeer-1274	265	15	)	)	PUNCT
ajeer-1274	265	16	.	.	PUNCT
ajeer-1274	266	1	international	international	ADJ
ajeer-1274	266	2	journal	journal	PROPN
ajeer-1274	266	3	of	of	ADP
ajeer-1274	266	4	economics	economic	NOUN
ajeer-1274	266	5	and	and	CCONJ
ajeer-1274	266	6	finance	finance	NOUN
ajeer-1274	266	7	studies	study	NOUN
ajeer-1274	266	8	,	,	PUNCT
ajeer-1274	266	9	8(1	8(1	NOUN
ajeer-1274	266	10	):	):	PUNCT
ajeer-1274	266	11	26	26	NUM
ajeer-1274	266	12	-	-	SYM
ajeer-1274	266	13	47	47	NUM
ajeer-1274	266	14	.	.	PUNCT
ajeer-1274	267	1	anidiobu	anidiobu	PROPN
ajeer-1274	267	2	,	,	PUNCT
ajeer-1274	267	3	g.a	g.a	PROPN
ajeer-1274	267	4	.	.	PROPN
ajeer-1274	267	5	and	and	CCONJ
ajeer-1274	267	6	p.i	p.i	PROPN
ajeer-1274	267	7	.	.	PROPN
ajeer-1274	267	8	okolie	okolie	PROPN
ajeer-1274	267	9	,	,	PUNCT
ajeer-1274	267	10	2016	2016	NUM
ajeer-1274	267	11	.	.	PUNCT
ajeer-1274	268	1	responsiveness	responsiveness	NOUN
ajeer-1274	268	2	of	of	ADP
ajeer-1274	268	3	foreign	foreign	ADJ
ajeer-1274	268	4	exchange	exchange	NOUN
ajeer-1274	268	5	rate	rate	NOUN
ajeer-1274	268	6	to	to	ADP
ajeer-1274	268	7	foreign	foreign	ADJ
ajeer-1274	268	8	debt	debt	NOUN
ajeer-1274	268	9	:	:	PUNCT
ajeer-1274	268	10	evidence	evidence	NOUN
ajeer-1274	268	11	from	from	ADP
ajeer-1274	268	12	nigeria	nigeria	PROPN
ajeer-1274	268	13	.	.	PUNCT
ajeer-1274	269	1	international	international	ADJ
ajeer-1274	269	2	journal	journal	PROPN
ajeer-1274	269	3	of	of	ADP
ajeer-1274	269	4	arts	art	NOUN
ajeer-1274	269	5	humanities	humanity	NOUN
ajeer-1274	269	6	and	and	CCONJ
ajeer-1274	269	7	social	social	ADJ
ajeer-1274	269	8	sciences	science	NOUN
ajeer-1274	269	9	,	,	PUNCT
ajeer-1274	269	10	1(5	1(5	NUM
ajeer-1274	269	11	):	):	PUNCT
ajeer-1274	269	12	11	11	NUM
ajeer-1274	269	13	-	-	SYM
ajeer-1274	269	14	20	20	NUM
ajeer-1274	269	15	.	.	PUNCT
ajeer-1274	270	1	asogwa	asogwa	PROPN
ajeer-1274	270	2	,	,	PUNCT
ajeer-1274	270	3	j.o	j.o	PROPN
ajeer-1274	270	4	.	.	PROPN
ajeer-1274	270	5	,	,	PUNCT
ajeer-1274	270	6	u.l	u.l	PROPN
ajeer-1274	270	7	.	.	PROPN
ajeer-1274	270	8	onyekwelu	onyekwelu	PROPN
ajeer-1274	270	9	and	and	CCONJ
ajeer-1274	270	10	e.	e.	PROPN
ajeer-1274	270	11	okechukwu	okechukwu	PROPN
ajeer-1274	270	12	,	,	PUNCT
ajeer-1274	270	13	2018	2018	NUM
ajeer-1274	270	14	.	.	PUNCT
ajeer-1274	271	1	evaluation	evaluation	NOUN
ajeer-1274	271	2	of	of	ADP
ajeer-1274	271	3	the	the	DET
ajeer-1274	271	4	effect	effect	NOUN
ajeer-1274	271	5	of	of	ADP
ajeer-1274	271	6	federal	federal	ADJ
ajeer-1274	271	7	government	government	NOUN
ajeer-1274	271	8	external	external	ADJ
ajeer-1274	271	9	debts	debt	NOUN
ajeer-1274	271	10	and	and	CCONJ
ajeer-1274	271	11	reserves	reserve	NOUN
ajeer-1274	271	12	on	on	ADP
ajeer-1274	271	13	economic	economic	ADJ
ajeer-1274	271	14	growth	growth	NOUN
ajeer-1274	271	15	in	in	ADP
ajeer-1274	271	16	nigeria	nigeria	PROPN
ajeer-1274	271	17	.	.	PUNCT
ajeer-1274	272	1	journal	journal	PROPN
ajeer-1274	272	2	of	of	ADP
ajeer-1274	272	3	economics	economic	NOUN
ajeer-1274	272	4	and	and	CCONJ
ajeer-1274	272	5	sustainable	sustainable	ADJ
ajeer-1274	272	6	development	development	NOUN
ajeer-1274	272	7	,	,	PUNCT
ajeer-1274	272	8	9(6	9(6	NUM
ajeer-1274	272	9	):	):	PUNCT
ajeer-1274	272	10	34	34	NUM
ajeer-1274	272	11	-	-	SYM
ajeer-1274	272	12	44	44	NUM
ajeer-1274	272	13	.	.	PUNCT
ajeer-1274	273	1	ayadi	ayadi	PROPN
ajeer-1274	273	2	,	,	PUNCT
ajeer-1274	273	3	f.s	f.s	PROPN
ajeer-1274	273	4	.	.	PROPN
ajeer-1274	273	5	and	and	CCONJ
ajeer-1274	273	6	f.o	f.o	PROPN
ajeer-1274	273	7	.	.	PROPN
ajeer-1274	273	8	ayadi	ayadi	PROPN
ajeer-1274	273	9	,	,	PUNCT
ajeer-1274	273	10	2008	2008	NUM
ajeer-1274	273	11	.	.	PUNCT
ajeer-1274	274	1	the	the	DET
ajeer-1274	274	2	impact	impact	NOUN
ajeer-1274	274	3	of	of	ADP
ajeer-1274	274	4	external	external	ADJ
ajeer-1274	274	5	debt	debt	NOUN
ajeer-1274	274	6	on	on	ADP
ajeer-1274	274	7	economic	economic	ADJ
ajeer-1274	274	8	growth	growth	NOUN
ajeer-1274	274	9	:	:	PUNCT
ajeer-1274	274	10	a	a	DET
ajeer-1274	274	11	comparative	comparative	ADJ
ajeer-1274	274	12	study	study	NOUN
ajeer-1274	274	13	of	of	ADP
ajeer-1274	274	14	nigeria	nigeria	PROPN
ajeer-1274	274	15	and	and	CCONJ
ajeer-1274	274	16	south	south	PROPN
ajeer-1274	274	17	africa	africa	PROPN
ajeer-1274	274	18	.	.	PUNCT
ajeer-1274	275	1	journal	journal	PROPN
ajeer-1274	275	2	of	of	ADP
ajeer-1274	275	3	sustainable	sustainable	ADJ
ajeer-1274	275	4	development	development	NOUN
ajeer-1274	275	5	in	in	ADP
ajeer-1274	275	6	africa	africa	PROPN
ajeer-1274	275	7	,	,	PUNCT
ajeer-1274	275	8	10(3	10(3	NUM
ajeer-1274	275	9	):	):	PUNCT
ajeer-1274	275	10	234	234	NUM
ajeer-1274	275	11	-	-	SYM
ajeer-1274	275	12	264	264	NUM
ajeer-1274	275	13	.	.	PUNCT
ajeer-1274	276	1	chenery	chenery	NOUN
ajeer-1274	276	2	,	,	PUNCT
ajeer-1274	276	3	h.	h.	PROPN
ajeer-1274	276	4	and	and	CCONJ
ajeer-1274	276	5	a.	a.	PROPN
ajeer-1274	276	6	strout	strout	PROPN
ajeer-1274	276	7	,	,	PUNCT
ajeer-1274	276	8	1966	1966	NUM
ajeer-1274	276	9	.	.	PUNCT
ajeer-1274	277	1	foreign	foreign	ADJ
ajeer-1274	277	2	assistance	assistance	NOUN
ajeer-1274	277	3	and	and	CCONJ
ajeer-1274	277	4	economic	economic	ADJ
ajeer-1274	277	5	development	development	NOUN
ajeer-1274	277	6	.	.	PUNCT
ajeer-1274	278	1	american	american	PROPN
ajeer-1274	278	2	economic	economic	PROPN
ajeer-1274	278	3	review	review	PROPN
ajeer-1274	278	4	,	,	PUNCT
ajeer-1274	278	5	56(3	56(3	NUM
ajeer-1274	278	6	):	):	PUNCT
ajeer-1274	278	7	679	679	NUM
ajeer-1274	278	8	733	733	NUM
ajeer-1274	278	9	.	.	PUNCT
ajeer-1274	279	1	debt	debt	NOUN
ajeer-1274	279	2	management	management	NOUN
ajeer-1274	279	3	office	office	NOUN
ajeer-1274	279	4	,	,	PUNCT
ajeer-1274	279	5	2019	2019	NUM
ajeer-1274	279	6	.	.	PUNCT
ajeer-1274	280	1	nigeria	nigeria	PROPN
ajeer-1274	280	2	's	's	PART
ajeer-1274	280	3	external	external	ADJ
ajeer-1274	280	4	debt	debt	NOUN
ajeer-1274	280	5	stock	stock	NOUN
ajeer-1274	280	6	.	.	PUNCT
ajeer-1274	281	1	debt	debt	NOUN
ajeer-1274	281	2	management	management	NOUN
ajeer-1274	281	3	office	office	NOUN
ajeer-1274	281	4	.	.	PUNCT
ajeer-1274	282	1	draz	draz	PROPN
ajeer-1274	282	2	,	,	PUNCT
ajeer-1274	282	3	m.u	m.u	PROPN
ajeer-1274	282	4	.	.	PROPN
ajeer-1274	282	5	and	and	CCONJ
ajeer-1274	282	6	f.	f.	PROPN
ajeer-1274	282	7	ahmad	ahmad	PROPN
ajeer-1274	282	8	,	,	PUNCT
ajeer-1274	282	9	2015	2015	NUM
ajeer-1274	282	10	.	.	PUNCT
ajeer-1274	283	1	external	external	ADJ
ajeer-1274	283	2	debts	debt	NOUN
ajeer-1274	283	3	and	and	CCONJ
ajeer-1274	283	4	exchange	exchange	NOUN
ajeer-1274	283	5	rates	rate	NOUN
ajeer-1274	283	6	of	of	ADP
ajeer-1274	283	7	oil	oil	NOUN
ajeer-1274	283	8	-	-	PUNCT
ajeer-1274	283	9	producing	produce	VERB
ajeer-1274	283	10	and	and	CCONJ
ajeer-1274	283	11	non	non	ADJ
ajeer-1274	283	12	-	-	ADJ
ajeer-1274	283	13	oil	oil	NOUN
ajeer-1274	283	14	-	-	PUNCT
ajeer-1274	283	15	producing	produce	VERB
ajeer-1274	283	16	nations	nation	NOUN
ajeer-1274	283	17	:	:	PUNCT
ajeer-1274	283	18	evidence	evidence	NOUN
ajeer-1274	283	19	from	from	ADP
ajeer-1274	283	20	nigeria	nigeria	PROPN
ajeer-1274	283	21	and	and	CCONJ
ajeer-1274	283	22	pakistan	pakistan	PROPN
ajeer-1274	283	23	.	.	PUNCT
ajeer-1274	284	1	journal	journal	PROPN
ajeer-1274	284	2	of	of	ADP
ajeer-1274	284	3	advanced	advanced	ADJ
ajeer-1274	284	4	management	management	NOUN
ajeer-1274	284	5	science	science	NOUN
ajeer-1274	284	6	,	,	PUNCT
ajeer-1274	284	7	3(1	3(1	NUM
ajeer-1274	284	8	):	):	PUNCT
ajeer-1274	284	9	8	8	NUM
ajeer-1274	284	10	-	-	SYM
ajeer-1274	284	11	12	12	NUM
ajeer-1274	284	12	.	.	PUNCT
ajeer-1274	285	1	espinoza	espinoza	PROPN
ajeer-1274	285	2	,	,	PUNCT
ajeer-1274	285	3	r.	r.	PROPN
ajeer-1274	285	4	and	and	CCONJ
ajeer-1274	285	5	p.	p.	PROPN
ajeer-1274	285	6	winant	winant	NOUN
ajeer-1274	285	7	,	,	PUNCT
ajeer-1274	285	8	2014	2014	NUM
ajeer-1274	285	9	.	.	PUNCT
ajeer-1274	286	1	a	a	DET
ajeer-1274	286	2	model	model	NOUN
ajeer-1274	286	3	of	of	ADP
ajeer-1274	286	4	external	external	ADJ
ajeer-1274	286	5	debt	debt	NOUN
ajeer-1274	286	6	and	and	CCONJ
ajeer-1274	286	7	international	international	ADJ
ajeer-1274	286	8	reserves	reserve	NOUN
ajeer-1274	286	9	.	.	PUNCT
ajeer-1274	287	1	essien	essien	PROPN
ajeer-1274	287	2	,	,	PUNCT
ajeer-1274	287	3	s.n	s.n	PROPN
ajeer-1274	287	4	.	.	PROPN
ajeer-1274	287	5	,	,	PUNCT
ajeer-1274	287	6	n.	n.	PROPN
ajeer-1274	287	7	agboegbulem	agboegbulem	PROPN
ajeer-1274	287	8	,	,	PUNCT
ajeer-1274	287	9	m.k	m.k	PROPN
ajeer-1274	287	10	.	.	PROPN
ajeer-1274	287	11	mba	mba	PROPN
ajeer-1274	287	12	and	and	CCONJ
ajeer-1274	287	13	o.g	o.g	PROPN
ajeer-1274	287	14	.	.	PROPN
ajeer-1274	287	15	onumonu	onumonu	PROPN
ajeer-1274	287	16	,	,	PUNCT
ajeer-1274	287	17	2016	2016	NUM
ajeer-1274	287	18	.	.	PUNCT
ajeer-1274	288	1	an	an	DET
ajeer-1274	288	2	empirical	empirical	ADJ
ajeer-1274	288	3	analysis	analysis	NOUN
ajeer-1274	288	4	of	of	ADP
ajeer-1274	288	5	the	the	DET
ajeer-1274	288	6	macroeconomic	macroeconomic	ADJ
ajeer-1274	288	7	impact	impact	NOUN
ajeer-1274	288	8	of	of	ADP
ajeer-1274	288	9	public	public	ADJ
ajeer-1274	288	10	debt	debt	NOUN
ajeer-1274	288	11	in	in	ADP
ajeer-1274	288	12	nigeria	nigeria	PROPN
ajeer-1274	288	13	.	.	PUNCT
ajeer-1274	289	1	cbn	cbn	PROPN
ajeer-1274	289	2	journal	journal	PROPN
ajeer-1274	289	3	of	of	ADP
ajeer-1274	289	4	applied	applied	ADJ
ajeer-1274	289	5	statistics	statistic	NOUN
ajeer-1274	289	6	,	,	PUNCT
ajeer-1274	289	7	7(1	7(1	NUM
ajeer-1274	289	8	):	):	PUNCT
ajeer-1274	289	9	125	125	NUM
ajeer-1274	289	10	-	-	SYM
ajeer-1274	289	11	145	145	NUM
ajeer-1274	289	12	.	.	PUNCT
ajeer-1274	290	1	eva	eva	PROPN
ajeer-1274	290	2	,	,	PUNCT
ajeer-1274	290	3	l.	l.	PROPN
ajeer-1274	290	4	,	,	PUNCT
ajeer-1274	290	5	s.y.l	s.y.l	PROPN
ajeer-1274	290	6	.	.	PUNCT
ajeer-1274	290	7	alvina	alvina	PROPN
ajeer-1274	290	8	and	and	CCONJ
ajeer-1274	290	9	a.	a.	PROPN
ajeer-1274	290	10	mohammad	mohammad	PROPN
ajeer-1274	290	11	,	,	PUNCT
ajeer-1274	290	12	2015	2015	NUM
ajeer-1274	290	13	.	.	PUNCT
ajeer-1274	291	1	macroeconomics	macroeconomic	NOUN
ajeer-1274	291	2	determinants	determinant	NOUN
ajeer-1274	291	3	of	of	ADP
ajeer-1274	291	4	external	external	ADJ
ajeer-1274	291	5	debt	debt	NOUN
ajeer-1274	291	6	in	in	ADP
ajeer-1274	291	7	malaysia	malaysia	PROPN
ajeer-1274	291	8	.	.	PUNCT
ajeer-1274	292	1	international	international	ADJ
ajeer-1274	292	2	journal	journal	PROPN
ajeer-1274	292	3	of	of	ADP
ajeer-1274	292	4	economic	economic	ADJ
ajeer-1274	292	5	sciences	science	NOUN
ajeer-1274	292	6	,	,	PUNCT
ajeer-1274	292	7	4(4	4(4	NUM
ajeer-1274	292	8	):	):	PUNCT
ajeer-1274	292	9	14	14	NUM
ajeer-1274	292	10	-	-	SYM
ajeer-1274	292	11	26	26	NUM
ajeer-1274	292	12	.	.	PUNCT
ajeer-1274	293	1	ito	ito	PROPN
ajeer-1274	293	2	,	,	PUNCT
ajeer-1274	293	3	h.	h.	PROPN
ajeer-1274	293	4	and	and	CCONJ
ajeer-1274	293	5	r.n	r.n	PROPN
ajeer-1274	293	6	.	.	PROPN
ajeer-1274	293	7	mccauley	mccauley	PROPN
ajeer-1274	293	8	,	,	PUNCT
ajeer-1274	293	9	2019	2019	NUM
ajeer-1274	293	10	.	.	PUNCT
ajeer-1274	294	1	currency	currency	NOUN
ajeer-1274	294	2	composition	composition	NOUN
ajeer-1274	294	3	of	of	ADP
ajeer-1274	294	4	foreign	foreign	ADJ
ajeer-1274	294	5	exchange	exchange	NOUN
ajeer-1274	294	6	reserves	reserve	NOUN
ajeer-1274	294	7	.	.	PUNCT
ajeer-1274	295	1	bank	bank	NOUN
ajeer-1274	295	2	for	for	ADP
ajeer-1274	295	3	international	international	ADJ
ajeer-1274	295	4	settlement	settlement	NOUN
ajeer-1274	295	5	,	,	PUNCT
ajeer-1274	295	6	monetary	monetary	ADJ
ajeer-1274	295	7	and	and	CCONJ
ajeer-1274	295	8	economic	economic	ADJ
ajeer-1274	295	9	department	department	NOUN
ajeer-1274	295	10	.	.	PUNCT
ajeer-1274	296	1	basel	basel	PROPN
ajeer-1274	296	2	:	:	PUNCT
ajeer-1274	296	3	bank	bank	PROPN
ajeer-1274	296	4	for	for	ADP
ajeer-1274	296	5	international	international	ADJ
ajeer-1274	296	6	settlement	settlement	NOUN
ajeer-1274	296	7	.	.	PUNCT
ajeer-1274	297	1	pp	pp	ADV
ajeer-1274	297	2	:	:	PUNCT
ajeer-1274	297	3	1	1	NUM
ajeer-1274	297	4	-	-	SYM
ajeer-1274	297	5	32	32	NUM
ajeer-1274	297	6	.	.	PUNCT
ajeer-1274	298	1	johansson	johansson	PROPN
ajeer-1274	298	2	,	,	PUNCT
ajeer-1274	298	3	p.	p.	PROPN
ajeer-1274	298	4	,	,	PUNCT
ajeer-1274	298	5	2010	2010	NUM
ajeer-1274	298	6	.	.	PUNCT
ajeer-1274	299	1	debt	debt	NOUN
ajeer-1274	299	2	relief	relief	NOUN
ajeer-1274	299	3	,	,	PUNCT
ajeer-1274	299	4	investment	investment	NOUN
ajeer-1274	299	5	and	and	CCONJ
ajeer-1274	299	6	growth	growth	NOUN
ajeer-1274	299	7	.	.	PUNCT
ajeer-1274	300	1	world	world	NOUN
ajeer-1274	300	2	development	development	PROPN
ajeer-1274	300	3	,	,	PUNCT
ajeer-1274	300	4	38(9	38(9	NOUN
ajeer-1274	300	5	):	):	PUNCT
ajeer-1274	300	6	1204-1216.available	1204-1216.available	ADJ
ajeer-1274	300	7	at	at	ADP
ajeer-1274	300	8	:	:	PUNCT
ajeer-1274	300	9	https://doi.org/10.1016/j.worlddev.2009.11.021	https://doi.org/10.1016/j.worlddev.2009.11.021	NUM
ajeer-1274	300	10	.	.	PUNCT
ajeer-1274	301	1	kouladoum	kouladoum	PROPN
ajeer-1274	301	2	,	,	PUNCT
ajeer-1274	301	3	j.-c	j.-c	PROPN
ajeer-1274	301	4	.	.	PUNCT
ajeer-1274	301	5	,	,	PUNCT
ajeer-1274	301	6	2018	2018	NUM
ajeer-1274	301	7	.	.	PUNCT
ajeer-1274	302	1	external	external	ADJ
ajeer-1274	302	2	debts	debt	NOUN
ajeer-1274	302	3	and	and	CCONJ
ajeer-1274	302	4	real	real	ADJ
ajeer-1274	302	5	exchange	exchange	NOUN
ajeer-1274	302	6	rates	rate	NOUN
ajeer-1274	302	7	in	in	ADP
ajeer-1274	302	8	developing	develop	VERB
ajeer-1274	302	9	countries	country	NOUN
ajeer-1274	302	10	:	:	PUNCT
ajeer-1274	302	11	evidence	evidence	NOUN
ajeer-1274	302	12	from	from	ADP
ajeer-1274	302	13	chad	chad	PROPN
ajeer-1274	302	14	.	.	PUNCT
ajeer-1274	303	1	université	université	PROPN
ajeer-1274	303	2	de	de	PROPN
ajeer-1274	303	3	sarh	sarh	PROPN
ajeer-1274	303	4	,	,	PUNCT
ajeer-1274	303	5	munich	munich	PROPN
ajeer-1274	303	6	personal	personal	PROPN
ajeer-1274	303	7	repec	repec	PROPN
ajeer-1274	303	8	archive	archive	PROPN
ajeer-1274	303	9	.	.	PUNCT
ajeer-1274	304	1	munich	munich	PROPN
ajeer-1274	304	2	:	:	PUNCT
ajeer-1274	304	3	université	université	PROPN
ajeer-1274	304	4	de	de	PROPN
ajeer-1274	304	5	sarh	sarh	PROPN
ajeer-1274	304	6	.	.	PUNCT
ajeer-1274	305	1	pp	pp	ADP
ajeer-1274	305	2	:	:	PUNCT
ajeer-1274	305	3	1	1	NUM
ajeer-1274	305	4	-	-	SYM
ajeer-1274	305	5	14	14	NUM
ajeer-1274	305	6	.	.	PUNCT
ajeer-1274	305	7	magazzino	magazzino	PROPN
ajeer-1274	305	8	,	,	PUNCT
ajeer-1274	305	9	c.	c.	PROPN
ajeer-1274	305	10	,	,	PUNCT
ajeer-1274	305	11	l.	l.	PROPN
ajeer-1274	305	12	giolli	giolli	PROPN
ajeer-1274	305	13	and	and	CCONJ
ajeer-1274	305	14	m.	m.	PROPN
ajeer-1274	305	15	mele	mele	PROPN
ajeer-1274	305	16	,	,	PUNCT
ajeer-1274	305	17	2015	2015	NUM
ajeer-1274	305	18	.	.	PUNCT
ajeer-1274	306	1	wagner	wagner	PROPN
ajeer-1274	306	2	’s	’s	PART
ajeer-1274	306	3	law	law	NOUN
ajeer-1274	306	4	and	and	CCONJ
ajeer-1274	306	5	peacock	peacock	NOUN
ajeer-1274	306	6	and	and	CCONJ
ajeer-1274	306	7	wiseman	wiseman	PROPN
ajeer-1274	306	8	’s	’s	PART
ajeer-1274	306	9	displacement	displacement	ADJ
ajeer-1274	306	10	effect	effect	NOUN
ajeer-1274	306	11	in	in	ADP
ajeer-1274	306	12	european	european	PROPN
ajeer-1274	306	13	union	union	PROPN
ajeer-1274	306	14	countries	country	NOUN
ajeer-1274	306	15	:	:	PUNCT
ajeer-1274	306	16	a	a	DET
ajeer-1274	306	17	panel	panel	NOUN
ajeer-1274	306	18	data	datum	NOUN
ajeer-1274	306	19	study	study	NOUN
ajeer-1274	306	20	.	.	PUNCT
ajeer-1274	307	1	international	international	ADJ
ajeer-1274	307	2	journal	journal	PROPN
ajeer-1274	307	3	of	of	ADP
ajeer-1274	307	4	economics	economic	NOUN
ajeer-1274	307	5	and	and	CCONJ
ajeer-1274	307	6	financial	financial	ADJ
ajeer-1274	307	7	issues	issue	NOUN
ajeer-1274	307	8	,	,	PUNCT
ajeer-1274	307	9	5(3	5(3	NUM
ajeer-1274	307	10	):	):	PUNCT
ajeer-1274	307	11	812	812	NUM
ajeer-1274	307	12	-	-	SYM
ajeer-1274	307	13	819	819	NUM
ajeer-1274	307	14	.	.	PUNCT
ajeer-1274	308	1	mansour	mansour	PROPN
ajeer-1274	308	2	,	,	PUNCT
ajeer-1274	308	3	l.	l.	PROPN
ajeer-1274	308	4	,	,	PUNCT
ajeer-1274	308	5	2013	2013	NUM
ajeer-1274	308	6	.	.	PUNCT
ajeer-1274	309	1	international	international	ADJ
ajeer-1274	309	2	reserves	reserve	NOUN
ajeer-1274	309	3	versus	versus	ADP
ajeer-1274	309	4	external	external	ADJ
ajeer-1274	309	5	debts	debt	NOUN
ajeer-1274	309	6	:	:	PUNCT
ajeer-1274	309	7	can	can	AUX
ajeer-1274	309	8	international	international	ADJ
ajeer-1274	309	9	reserves	reserve	NOUN
ajeer-1274	309	10	avoid	avoid	VERB
ajeer-1274	309	11	future	future	ADJ
ajeer-1274	309	12	financial	financial	ADJ
ajeer-1274	309	13	crisis	crisis	NOUN
ajeer-1274	309	14	in	in	ADP
ajeer-1274	309	15	indebted	indebted	ADJ
ajeer-1274	309	16	countries	country	NOUN
ajeer-1274	309	17	?	?	PUNCT
ajeer-1274	310	1	gate	gate	PROPN
ajeer-1274	310	2	.	.	PUNCT
ajeer-1274	311	1	lyon	lyon	PROPN
ajeer-1274	311	2	:	:	PUNCT
ajeer-1274	311	3	l’archive	l’archive	ADJ
ajeer-1274	311	4	ouverte	ouverte	NOUN
ajeer-1274	311	5	pluridisciplinaire	pluridisciplinaire	PROPN
ajeer-1274	311	6	hal	hal	PROPN
ajeer-1274	311	7	.	.	PUNCT
ajeer-1274	312	1	pp	pp	CCONJ
ajeer-1274	312	2	:	:	PUNCT
ajeer-1274	312	3	1	1	NUM
ajeer-1274	312	4	-	-	SYM
ajeer-1274	312	5	32	32	NUM
ajeer-1274	312	6	ndubuisi	ndubuisi	ADJ
ajeer-1274	312	7	,	,	PUNCT
ajeer-1274	312	8	p.	p.	NOUN
ajeer-1274	312	9	,	,	PUNCT
ajeer-1274	312	10	2017	2017	NUM
ajeer-1274	312	11	.	.	PUNCT
ajeer-1274	313	1	analysis	analysis	NOUN
ajeer-1274	313	2	of	of	ADP
ajeer-1274	313	3	the	the	DET
ajeer-1274	313	4	impact	impact	NOUN
ajeer-1274	313	5	of	of	ADP
ajeer-1274	313	6	external	external	ADJ
ajeer-1274	313	7	debt	debt	NOUN
ajeer-1274	313	8	on	on	ADP
ajeer-1274	313	9	economic	economic	ADJ
ajeer-1274	313	10	growth	growth	NOUN
ajeer-1274	313	11	in	in	ADP
ajeer-1274	313	12	an	an	DET
ajeer-1274	313	13	emerging	emerge	VERB
ajeer-1274	313	14	economy	economy	NOUN
ajeer-1274	313	15	:	:	PUNCT
ajeer-1274	313	16	evidence	evidence	NOUN
ajeer-1274	313	17	from	from	ADP
ajeer-1274	313	18	nigeria	nigeria	PROPN
ajeer-1274	313	19	.	.	PUNCT
ajeer-1274	314	1	african	african	ADJ
ajeer-1274	314	2	research	research	PROPN
ajeer-1274	314	3	review	review	PROPN
ajeer-1274	314	4	,	,	PUNCT
ajeer-1274	314	5	11(4	11(4	NUM
ajeer-1274	314	6	):	):	PUNCT
ajeer-1274	314	7	156-173.available	156-173.available	NUM
ajeer-1274	314	8	at	at	ADP
ajeer-1274	314	9	:	:	PUNCT
ajeer-1274	314	10	https://doi.org/10.4314/afrrev.v11i4.13	https://doi.org/10.4314/afrrev.v11i4.13	PROPN
ajeer-1274	314	11	.	.	PUNCT
ajeer-1274	315	1	nwachukwu	nwachukwu	PROPN
ajeer-1274	315	2	,	,	PUNCT
ajeer-1274	315	3	n.e	n.e	PROPN
ajeer-1274	315	4	.	.	PROPN
ajeer-1274	315	5	,	,	PUNCT
ajeer-1274	315	6	a.i	a.i	PROPN
ajeer-1274	315	7	.	.	PROPN
ajeer-1274	315	8	ali	ali	PROPN
ajeer-1274	315	9	,	,	PUNCT
ajeer-1274	315	10	i.s	i.s	PROPN
ajeer-1274	315	11	.	.	PROPN
ajeer-1274	315	12	abdullahi	abdullahi	PROPN
ajeer-1274	315	13	,	,	PUNCT
ajeer-1274	315	14	m.a	m.a	PROPN
ajeer-1274	315	15	.	.	PROPN
ajeer-1274	315	16	shettima	shettima	PROPN
ajeer-1274	315	17	,	,	PUNCT
ajeer-1274	315	18	s.s	s.s	PROPN
ajeer-1274	315	19	.	.	PROPN
ajeer-1274	315	20	zirra	zirra	PROPN
ajeer-1274	315	21	,	,	PUNCT
ajeer-1274	315	22	b.s	b.s	PROPN
ajeer-1274	315	23	.	.	PROPN
ajeer-1274	315	24	falade	falade	PROPN
ajeer-1274	315	25	and	and	CCONJ
ajeer-1274	315	26	m.j	m.j	PROPN
ajeer-1274	315	27	.	.	PROPN
ajeer-1274	315	28	alenyi	alenyi	PROPN
ajeer-1274	315	29	,	,	PUNCT
ajeer-1274	315	30	2016	2016	NUM
ajeer-1274	315	31	.	.	PUNCT
ajeer-1274	316	1	exchange	exchange	NOUN
ajeer-1274	316	2	rate	rate	NOUN
ajeer-1274	316	3	and	and	CCONJ
ajeer-1274	316	4	external	external	ADJ
ajeer-1274	316	5	reserves	reserve	NOUN
ajeer-1274	316	6	in	in	ADP
ajeer-1274	316	7	nigeria	nigeria	PROPN
ajeer-1274	316	8	:	:	PUNCT
ajeer-1274	316	9	a	a	DET
ajeer-1274	316	10	threshold	threshold	NOUN
ajeer-1274	316	11	cointegration	cointegration	NOUN
ajeer-1274	316	12	analysis	analysis	NOUN
ajeer-1274	316	13	.	.	PUNCT
ajeer-1274	317	1	cbn	cbn	PROPN
ajeer-1274	317	2	journal	journal	PROPN
ajeer-1274	317	3	of	of	ADP
ajeer-1274	317	4	applied	applied	ADJ
ajeer-1274	317	5	statistics	statistic	NOUN
ajeer-1274	317	6	,	,	PUNCT
ajeer-1274	317	7	7(1	7(1	NUM
ajeer-1274	317	8	):	):	PUNCT
ajeer-1274	317	9	233	233	NUM
ajeer-1274	317	10	-	-	SYM
ajeer-1274	317	11	254	254	NUM
ajeer-1274	317	12	.	.	PUNCT
ajeer-1274	318	1	nwanne	nwanne	NOUN
ajeer-1274	318	2	,	,	PUNCT
ajeer-1274	318	3	t.	t.	PROPN
ajeer-1274	318	4	and	and	CCONJ
ajeer-1274	318	5	o.	o.	PROPN
ajeer-1274	318	6	eze	eze	PROPN
ajeer-1274	318	7	,	,	PUNCT
ajeer-1274	318	8	2015	2015	NUM
ajeer-1274	318	9	.	.	PUNCT
ajeer-1274	319	1	assessing	assess	VERB
ajeer-1274	319	2	the	the	DET
ajeer-1274	319	3	effect	effect	NOUN
ajeer-1274	319	4	of	of	ADP
ajeer-1274	319	5	external	external	ADJ
ajeer-1274	319	6	debt	debt	NOUN
ajeer-1274	319	7	servicing	servicing	NOUN
ajeer-1274	319	8	and	and	CCONJ
ajeer-1274	319	9	receipt	receipt	NOUN
ajeer-1274	319	10	on	on	ADP
ajeer-1274	319	11	exchange	exchange	NOUN
ajeer-1274	319	12	rate	rate	NOUN
ajeer-1274	319	13	in	in	ADP
ajeer-1274	319	14	nigeria	nigeria	PROPN
ajeer-1274	319	15	.	.	PUNCT
ajeer-1274	320	1	international	international	ADJ
ajeer-1274	320	2	journal	journal	PROPN
ajeer-1274	320	3	of	of	ADP
ajeer-1274	320	4	economics	economic	NOUN
ajeer-1274	320	5	and	and	CCONJ
ajeer-1274	320	6	finance	finance	NOUN
ajeer-1274	320	7	,	,	PUNCT
ajeer-1274	320	8	7(9	7(9	NUM
ajeer-1274	320	9	):	):	PUNCT
ajeer-1274	320	10	278-286.available	278-286.available	NUM
ajeer-1274	320	11	at	at	ADP
ajeer-1274	320	12	:	:	PUNCT
ajeer-1274	320	13	https://doi.org/10.5539/ijef.v7n9p278	https://doi.org/10.5539/ijef.v7n9p278	PROPN
ajeer-1274	320	14	.	.	PUNCT
ajeer-1274	320	15	olomola	olomola	PROPN
ajeer-1274	320	16	,	,	PUNCT
ajeer-1274	320	17	p.	p.	NOUN
ajeer-1274	320	18	and	and	CCONJ
ajeer-1274	320	19	i.	i.	PROPN
ajeer-1274	320	20	ajayi	ajayi	PROPN
ajeer-1274	320	21	,	,	PUNCT
ajeer-1274	320	22	2018	2018	NUM
ajeer-1274	320	23	.	.	PUNCT
ajeer-1274	321	1	the	the	DET
ajeer-1274	321	2	determinants	determinant	NOUN
ajeer-1274	321	3	of	of	ADP
ajeer-1274	321	4	international	international	ADJ
ajeer-1274	321	5	reserves	reserve	NOUN
ajeer-1274	321	6	in	in	ADP
ajeer-1274	321	7	west	west	ADJ
ajeer-1274	321	8	african	african	ADJ
ajeer-1274	321	9	states	state	NOUN
ajeer-1274	321	10	.	.	PUNCT
ajeer-1274	322	1	global	global	ADJ
ajeer-1274	322	2	journal	journal	PROPN
ajeer-1274	322	3	of	of	ADP
ajeer-1274	322	4	human	human	ADJ
ajeer-1274	322	5	-	-	PUNCT
ajeer-1274	322	6	social	social	ADJ
ajeer-1274	322	7	science	science	NOUN
ajeer-1274	322	8	,	,	PUNCT
ajeer-1274	322	9	18(4	18(4	NUM
ajeer-1274	322	10	):	):	PUNCT
ajeer-1274	322	11	43	43	NUM
ajeer-1274	322	12	-	-	SYM
ajeer-1274	322	13	50	50	NUM
ajeer-1274	322	14	.	.	PUNCT
ajeer-1274	323	1	onwuka	onwuka	PROPN
ajeer-1274	323	2	,	,	PUNCT
ajeer-1274	323	3	e.	e.	PROPN
ajeer-1274	323	4	and	and	CCONJ
ajeer-1274	323	5	h.	h.	PROPN
ajeer-1274	323	6	igwezea	igwezea	PROPN
ajeer-1274	323	7	,	,	PUNCT
ajeer-1274	323	8	2014	2014	NUM
ajeer-1274	323	9	.	.	PUNCT
ajeer-1274	324	1	impact	impact	NOUN
ajeer-1274	324	2	of	of	ADP
ajeer-1274	324	3	external	external	ADJ
ajeer-1274	324	4	reserve	reserve	NOUN
ajeer-1274	324	5	and	and	CCONJ
ajeer-1274	324	6	foreign	foreign	ADJ
ajeer-1274	324	7	debt	debt	NOUN
ajeer-1274	324	8	on	on	ADP
ajeer-1274	324	9	naira	naira	NOUN
ajeer-1274	324	10	exchange	exchange	NOUN
ajeer-1274	324	11	rate	rate	NOUN
ajeer-1274	324	12	.	.	PUNCT
ajeer-1274	325	1	journal	journal	PROPN
ajeer-1274	325	2	of	of	ADP
ajeer-1274	325	3	international	international	ADJ
ajeer-1274	325	4	academic	academic	ADJ
ajeer-1274	325	5	research	research	NOUN
ajeer-1274	325	6	for	for	ADP
ajeer-1274	325	7	multidisciplinary	multidisciplinary	ADJ
ajeer-1274	325	8	impact	impact	NOUN
ajeer-1274	325	9	factor	factor	NOUN
ajeer-1274	325	10	,	,	PUNCT
ajeer-1274	325	11	2(6	2(6	NUM
ajeer-1274	325	12	):	):	PUNCT
ajeer-1274	325	13	416	416	NUM
ajeer-1274	325	14	-	-	SYM
ajeer-1274	325	15	423	423	NUM
ajeer-1274	325	16	.	.	PUNCT
ajeer-1274	326	1	oshikoya	oshikoya	PROPN
ajeer-1274	326	2	,	,	PUNCT
ajeer-1274	326	3	w.	w.	PROPN
ajeer-1274	326	4	,	,	PUNCT
ajeer-1274	326	5	1989	1989	NUM
ajeer-1274	326	6	.	.	PUNCT
ajeer-1274	327	1	foreign	foreign	ADJ
ajeer-1274	327	2	borrowing	borrowing	NOUN
ajeer-1274	327	3	,	,	PUNCT
ajeer-1274	327	4	agricultural	agricultural	ADJ
ajeer-1274	327	5	productivity	productivity	NOUN
ajeer-1274	327	6	,	,	PUNCT
ajeer-1274	327	7	and	and	CCONJ
ajeer-1274	327	8	the	the	DET
ajeer-1274	327	9	nigerian	nigerian	ADJ
ajeer-1274	327	10	economy	economy	NOUN
ajeer-1274	327	11	:	:	PUNCT
ajeer-1274	327	12	a	a	DET
ajeer-1274	327	13	macro	macro	ADJ
ajeer-1274	327	14	-	-	ADJ
ajeer-1274	327	15	sectoral	sectoral	ADJ
ajeer-1274	327	16	analysis	analysis	NOUN
ajeer-1274	327	17	.	.	PUNCT
ajeer-1274	328	1	journal	journal	NOUN
ajeer-1274	328	2	of	of	ADP
ajeer-1274	328	3	policy	policy	NOUN
ajeer-1274	328	4	modeling	modeling	NOUN
ajeer-1274	328	5	,	,	PUNCT
ajeer-1274	328	6	11(4	11(4	NUM
ajeer-1274	328	7	):	):	PUNCT
ajeer-1274	328	8	531-546.available	531-546.available	NUM
ajeer-1274	328	9	at	at	ADP
ajeer-1274	328	10	:	:	PUNCT
ajeer-1274	328	11	https://doi.org/10.1016/0161-8938(89)90003-3	https://doi.org/10.1016/0161-8938(89)90003-3	PROPN
ajeer-1274	328	12	.	.	PUNCT
ajeer-1274	329	1	osigwe	osigwe	PROPN
ajeer-1274	329	2	,	,	PUNCT
ajeer-1274	329	3	a.	a.	PROPN
ajeer-1274	329	4	,	,	PUNCT
ajeer-1274	329	5	a.	a.	NOUN
ajeer-1274	329	6	okechukwu	okechukwu	NOUN
ajeer-1274	329	7	and	and	CCONJ
ajeer-1274	329	8	t.	t.	PROPN
ajeer-1274	329	9	onoja	onoja	PROPN
ajeer-1274	329	10	,	,	PUNCT
ajeer-1274	329	11	2015	2015	NUM
ajeer-1274	329	12	.	.	PUNCT
ajeer-1274	330	1	modelling	model	VERB
ajeer-1274	330	2	the	the	DET
ajeer-1274	330	3	determinants	determinant	NOUN
ajeer-1274	330	4	of	of	ADP
ajeer-1274	330	5	foreign	foreign	ADJ
ajeer-1274	330	6	reserves	reserve	NOUN
ajeer-1274	330	7	in	in	ADP
ajeer-1274	330	8	nigeria	nigeria	PROPN
ajeer-1274	330	9	.	.	PUNCT
ajeer-1274	331	1	developing	develop	VERB
ajeer-1274	331	2	country	country	NOUN
ajeer-1274	331	3	studies	study	NOUN
ajeer-1274	331	4	,	,	PUNCT
ajeer-1274	331	5	5(19	5(19	NUM
ajeer-1274	331	6	):	):	PUNCT
ajeer-1274	331	7	72	72	NUM
ajeer-1274	331	8	-	-	SYM
ajeer-1274	331	9	77	77	NUM
ajeer-1274	331	10	.	.	PUNCT
ajeer-1274	332	1	rahaj	rahaj	PROPN
ajeer-1274	332	2	,	,	PUNCT
ajeer-1274	332	3	a.r	a.r	PROPN
ajeer-1274	332	4	.	.	PROPN
ajeer-1274	332	5	,	,	PUNCT
ajeer-1274	332	6	2018	2018	NUM
ajeer-1274	332	7	.	.	PUNCT
ajeer-1274	333	1	external	external	ADJ
ajeer-1274	333	2	debt	debt	NOUN
ajeer-1274	333	3	and	and	CCONJ
ajeer-1274	333	4	economic	economic	ADJ
ajeer-1274	333	5	growth	growth	NOUN
ajeer-1274	333	6	in	in	ADP
ajeer-1274	333	7	nigeria	nigeria	PROPN
ajeer-1274	333	8	:	:	PUNCT
ajeer-1274	333	9	an	an	DET
ajeer-1274	333	10	ardl	ardl	NOUN
ajeer-1274	333	11	approach	approach	NOUN
ajeer-1274	333	12	.	.	PUNCT
ajeer-1274	334	1	audoe	audoe	PROPN
ajeer-1274	334	2	,	,	PUNCT
ajeer-1274	334	3	14(4	14(4	NUM
ajeer-1274	334	4	):	):	PUNCT
ajeer-1274	334	5	581	581	NUM
ajeer-1274	334	6	-	-	SYM
ajeer-1274	334	7	596	596	NUM
ajeer-1274	334	8	.	.	PUNCT
ajeer-1274	335	1	saheed	saheed	NOUN
ajeer-1274	335	2	,	,	PUNCT
ajeer-1274	335	3	z.s	z.s	PROPN
ajeer-1274	335	4	.	.	PROPN
ajeer-1274	335	5	,	,	PUNCT
ajeer-1274	335	6	i.e.	i.e.	X
ajeer-1274	335	7	sani	sani	PROPN
ajeer-1274	335	8	and	and	CCONJ
ajeer-1274	335	9	b.o	b.o	PROPN
ajeer-1274	335	10	.	.	PROPN
ajeer-1274	335	11	idakwoji	idakwoji	PROPN
ajeer-1274	335	12	,	,	PUNCT
ajeer-1274	335	13	2015	2015	NUM
ajeer-1274	335	14	.	.	PUNCT
ajeer-1274	336	1	impact	impact	NOUN
ajeer-1274	336	2	of	of	ADP
ajeer-1274	336	3	public	public	ADJ
ajeer-1274	336	4	external	external	ADJ
ajeer-1274	336	5	debt	debt	NOUN
ajeer-1274	336	6	on	on	ADP
ajeer-1274	336	7	exchange	exchange	NOUN
ajeer-1274	336	8	rate	rate	NOUN
ajeer-1274	336	9	in	in	ADP
ajeer-1274	336	10	nigeria	nigeria	PROPN
ajeer-1274	336	11	.	.	PUNCT
ajeer-1274	337	1	international	international	ADJ
ajeer-1274	337	2	finance	finance	NOUN
ajeer-1274	337	3	and	and	CCONJ
ajeer-1274	337	4	banking	banking	NOUN
ajeer-1274	337	5	,	,	PUNCT
ajeer-1274	337	6	2(1	2(1	NUM
ajeer-1274	337	7	):	):	PUNCT
ajeer-1274	337	8	15-26.available	15-26.available	ADJ
ajeer-1274	337	9	at	at	ADP
ajeer-1274	337	10	:	:	PUNCT
ajeer-1274	337	11	https://doi.org/10.5296/ifb.v2i1.7734	https://doi.org/10.5296/ifb.v2i1.7734	NUM
ajeer-1274	337	12	.	.	PUNCT
ajeer-1274	338	1	senibi	senibi	PROPN
ajeer-1274	338	2	,	,	PUNCT
ajeer-1274	338	3	v.	v.	PROPN
ajeer-1274	338	4	,	,	PUNCT
ajeer-1274	338	5	e.	e.	PROPN
ajeer-1274	338	6	oduntan	oduntan	PROPN
ajeer-1274	338	7	,	,	PUNCT
ajeer-1274	338	8	o.	o.	PROPN
ajeer-1274	338	9	uzoma	uzoma	PROPN
ajeer-1274	338	10	,	,	PUNCT
ajeer-1274	338	11	e.	e.	PROPN
ajeer-1274	338	12	senibi	senibi	PROPN
ajeer-1274	338	13	and	and	CCONJ
ajeer-1274	338	14	a.	a.	NOUN
ajeer-1274	338	15	oluwaseun	oluwaseun	PROPN
ajeer-1274	338	16	,	,	PUNCT
ajeer-1274	338	17	2016	2016	NUM
ajeer-1274	338	18	.	.	PUNCT
ajeer-1274	339	1	public	public	ADJ
ajeer-1274	339	2	debt	debt	NOUN
ajeer-1274	339	3	and	and	CCONJ
ajeer-1274	339	4	external	external	ADJ
ajeer-1274	339	5	reserve	reserve	PROPN
ajeer-1274	339	6	:	:	PUNCT
ajeer-1274	339	7	the	the	DET
ajeer-1274	339	8	nigerian	nigerian	ADJ
ajeer-1274	339	9	experience	experience	NOUN
ajeer-1274	339	10	(	(	PUNCT
ajeer-1274	339	11	1981	1981	NUM
ajeer-1274	339	12	–	–	PUNCT
ajeer-1274	339	13	2013	2013	NUM
ajeer-1274	339	14	)	)	PUNCT
ajeer-1274	339	15	.	.	PUNCT
ajeer-1274	340	1	economics	economics	PROPN
ajeer-1274	340	2	research	research	PROPN
ajeer-1274	340	3	international	international	PROPN
ajeer-1274	340	4	:	:	PUNCT
ajeer-1274	340	5	1-7.available	1-7.available	NUM
ajeer-1274	340	6	at	at	ADP
ajeer-1274	340	7	:	:	PUNCT
ajeer-1274	340	8	https://doi.org/10.1155/2016/1957017	https://doi.org/10.1155/2016/1957017	PROPN
ajeer-1274	340	9	.	.	PUNCT
ajeer-1274	341	1	soludo	soludo	PROPN
ajeer-1274	341	2	,	,	PUNCT
ajeer-1274	341	3	c.c	c.c	PROPN
ajeer-1274	341	4	.	.	PROPN
ajeer-1274	341	5	,	,	PUNCT
ajeer-1274	341	6	2013	2013	NUM
ajeer-1274	341	7	.	.	PUNCT
ajeer-1274	342	1	the	the	DET
ajeer-1274	342	2	impact	impact	NOUN
ajeer-1274	342	3	of	of	ADP
ajeer-1274	342	4	external	external	ADJ
ajeer-1274	342	5	debt	debt	NOUN
ajeer-1274	342	6	on	on	ADP
ajeer-1274	342	7	economic	economic	ADJ
ajeer-1274	342	8	growth	growth	NOUN
ajeer-1274	342	9	:	:	PUNCT
ajeer-1274	342	10	a	a	DET
ajeer-1274	342	11	comparative	comparative	ADJ
ajeer-1274	342	12	study	study	NOUN
ajeer-1274	342	13	of	of	ADP
ajeer-1274	342	14	nigeria	nigeria	PROPN
ajeer-1274	342	15	and	and	CCONJ
ajeer-1274	342	16	south	south	PROPN
ajeer-1274	342	17	africa	africa	PROPN
ajeer-1274	342	18	.	.	PUNCT
ajeer-1274	343	1	journal	journal	PROPN
ajeer-1274	343	2	of	of	ADP
ajeer-1274	343	3	sustainable	sustainable	ADJ
ajeer-1274	343	4	development	development	NOUN
ajeer-1274	343	5	in	in	ADP
ajeer-1274	343	6	africa	africa	PROPN
ajeer-1274	343	7	,	,	PUNCT
ajeer-1274	343	8	10(3	10(3	NUM
ajeer-1274	343	9	):	):	PUNCT
ajeer-1274	343	10	55	55	NUM
ajeer-1274	343	11	–	–	SYM
ajeer-1274	343	12	59	59	NUM
ajeer-1274	343	13	.	.	PUNCT
ajeer-1274	343	14	tule	tule	PROPN
ajeer-1274	343	15	,	,	PUNCT
ajeer-1274	343	16	m.k	m.k	PROPN
ajeer-1274	343	17	.	.	PROPN
ajeer-1274	343	18	,	,	PUNCT
ajeer-1274	343	19	e.	e.	PROPN
ajeer-1274	343	20	egbuna	egbuna	PROPN
ajeer-1274	343	21	,	,	PUNCT
ajeer-1274	343	22	j.	j.	PROPN
ajeer-1274	343	23	sagbamah	sagbamah	PROPN
ajeer-1274	343	24	,	,	PUNCT
ajeer-1274	343	25	s.	s.	PROPN
ajeer-1274	343	26	abdusalam	abdusalam	PROPN
ajeer-1274	343	27	,	,	PUNCT
ajeer-1274	343	28	o.	o.	PROPN
ajeer-1274	343	29	ogundele	ogundele	PROPN
ajeer-1274	343	30	and	and	CCONJ
ajeer-1274	343	31	a.	a.	NOUN
ajeer-1274	343	32	oduyemi	oduyemi	NOUN
ajeer-1274	343	33	,	,	PUNCT
ajeer-1274	343	34	2015	2015	NUM
ajeer-1274	343	35	.	.	PUNCT
ajeer-1274	344	1	determination	determination	NOUN
ajeer-1274	344	2	of	of	ADP
ajeer-1274	344	3	optimal	optimal	ADJ
ajeer-1274	344	4	foreign	foreign	ADJ
ajeer-1274	344	5	exchange	exchange	NOUN
ajeer-1274	344	6	reserves	reserve	NOUN
ajeer-1274	344	7	in	in	ADP
ajeer-1274	344	8	nigeria	nigeria	PROPN
ajeer-1274	344	9	.	.	PUNCT
ajeer-1274	345	1	central	central	PROPN
ajeer-1274	345	2	bank	bank	PROPN
ajeer-1274	345	3	of	of	ADP
ajeer-1274	345	4	nigeria	nigeria	PROPN
ajeer-1274	345	5	,	,	PUNCT
ajeer-1274	345	6	monetary	monetary	ADJ
ajeer-1274	345	7	policy	policy	NOUN
ajeer-1274	345	8	.	.	PUNCT
ajeer-1274	346	1	abuja	abuja	PROPN
ajeer-1274	346	2	:	:	PUNCT
ajeer-1274	346	3	central	central	ADJ
ajeer-1274	346	4	bank	bank	PROPN
ajeer-1274	346	5	of	of	ADP
ajeer-1274	346	6	nigeria	nigeria	PROPN
ajeer-1274	346	7	.	.	PUNCT
ajeer-1274	347	1	ugwuegbe	ugwuegbe	PROPN
ajeer-1274	347	2	,	,	PUNCT
ajeer-1274	347	3	s.u	s.u	PROPN
ajeer-1274	347	4	.	.	PROPN
ajeer-1274	347	5	,	,	PUNCT
ajeer-1274	347	6	i.	i.	PROPN
ajeer-1274	347	7	okafor	okafor	PROPN
ajeer-1274	347	8	and	and	CCONJ
ajeer-1274	347	9	c.	c.	PROPN
ajeer-1274	347	10	akarogbe	akarogbe	PROPN
ajeer-1274	347	11	,	,	PUNCT
ajeer-1274	347	12	2016	2016	NUM
ajeer-1274	347	13	.	.	PUNCT
ajeer-1274	348	1	effect	effect	NOUN
ajeer-1274	348	2	of	of	ADP
ajeer-1274	348	3	external	external	ADJ
ajeer-1274	348	4	borrowing	borrowing	NOUN
ajeer-1274	348	5	and	and	CCONJ
ajeer-1274	348	6	foreign	foreign	ADJ
ajeer-1274	348	7	aid	aid	NOUN
ajeer-1274	348	8	on	on	ADP
ajeer-1274	348	9	economic	economic	ADJ
ajeer-1274	348	10	growth	growth	NOUN
ajeer-1274	348	11	in	in	ADP
ajeer-1274	348	12	nigeria	nigeria	PROPN
ajeer-1274	348	13	.	.	PUNCT
ajeer-1274	349	1	international	international	ADJ
ajeer-1274	349	2	journal	journal	PROPN
ajeer-1274	349	3	of	of	ADP
ajeer-1274	349	4	academic	academic	ADJ
ajeer-1274	349	5	research	research	NOUN
ajeer-1274	349	6	in	in	ADP
ajeer-1274	349	7	business	business	NOUN
ajeer-1274	349	8	and	and	CCONJ
ajeer-1274	349	9	social	social	ADJ
ajeer-1274	349	10	sciences	science	NOUN
ajeer-1274	349	11	,	,	PUNCT
ajeer-1274	349	12	6(4	6(4	NUM
ajeer-1274	349	13	):	):	PUNCT
ajeer-1274	349	14	155-175.available	155-175.available	NUM
ajeer-1274	349	15	at	at	ADP
ajeer-1274	349	16	:	:	PUNCT
ajeer-1274	349	17	https://doi.org/10.6007/ijarbss/v6-i4/2087	https://doi.org/10.6007/ijarbss/v6-i4/2087	PROPN
ajeer-1274	349	18	.	.	PUNCT
ajeer-1274	350	1	yoshito	yoshito	PROPN
ajeer-1274	350	2	,	,	PUNCT
ajeer-1274	350	3	f.	f.	PROPN
ajeer-1274	350	4	,	,	PUNCT
ajeer-1274	350	5	2015	2015	NUM
ajeer-1274	350	6	.	.	PUNCT
ajeer-1274	351	1	wagner	wagner	PROPN
ajeer-1274	351	2	’s	’s	PART
ajeer-1274	351	3	law	law	NOUN
ajeer-1274	351	4	versus	versus	ADP
ajeer-1274	351	5	displacement	displacement	ADJ
ajeer-1274	351	6	effect	effect	NOUN
ajeer-1274	351	7	.	.	PUNCT
ajeer-1274	352	1	munich	munich	PROPN
ajeer-1274	352	2	personal	personal	PROPN
ajeer-1274	352	3	repec	repec	PROPN
ajeer-1274	352	4	archive	archive	PROPN
ajeer-1274	352	5	.	.	PUNCT
ajeer-1274	353	1	asian	asian	ADJ
ajeer-1274	353	2	online	online	PROPN
ajeer-1274	353	3	journal	journal	PROPN
ajeer-1274	353	4	publishing	publishing	NOUN
ajeer-1274	353	5	group	group	NOUN
ajeer-1274	353	6	is	be	AUX
ajeer-1274	353	7	not	not	PART
ajeer-1274	353	8	responsible	responsible	ADJ
ajeer-1274	353	9	or	or	CCONJ
ajeer-1274	353	10	answerable	answerable	ADJ
ajeer-1274	353	11	for	for	ADP
ajeer-1274	353	12	any	any	DET
ajeer-1274	353	13	loss	loss	NOUN
ajeer-1274	353	14	,	,	PUNCT
ajeer-1274	353	15	damage	damage	NOUN
ajeer-1274	353	16	or	or	CCONJ
ajeer-1274	353	17	liability	liability	NOUN
ajeer-1274	353	18	,	,	PUNCT
ajeer-1274	353	19	etc	etc	X
ajeer-1274	353	20	.	.	X
ajeer-1274	353	21	caused	cause	VERB
ajeer-1274	353	22	in	in	ADP
ajeer-1274	353	23	relation	relation	NOUN
ajeer-1274	353	24	to	to	PART
ajeer-1274	353	25	/	/	PUNCT
ajeer-1274	353	26	arising	arise	VERB
ajeer-1274	353	27	out	out	ADP
ajeer-1274	353	28	of	of	ADP
ajeer-1274	353	29	the	the	DET
ajeer-1274	353	30	use	use	NOUN
ajeer-1274	353	31	of	of	ADP
ajeer-1274	353	32	the	the	DET
ajeer-1274	353	33	content	content	NOUN
ajeer-1274	353	34	.	.	PUNCT
ajeer-1274	354	1	any	any	DET
ajeer-1274	354	2	queries	query	NOUN
ajeer-1274	354	3	should	should	AUX
ajeer-1274	354	4	be	be	AUX
ajeer-1274	354	5	directed	direct	VERB
ajeer-1274	354	6	to	to	ADP
ajeer-1274	354	7	the	the	DET
ajeer-1274	354	8	corresponding	corresponding	ADJ
ajeer-1274	354	9	author	author	NOUN
ajeer-1274	354	10	of	of	ADP
ajeer-1274	354	11	the	the	DET
ajeer-1274	354	12	article	article	NOUN
ajeer-1274	354	13	.	.	PUNCT