id	sid	tid	token	lemma	pos
ajeer-2399	1	1	268	268	NUM
ajeer-2399	1	2	©	©	PROPN
ajeer-2399	1	3	2020	2020	NUM
ajeer-2399	1	4	by	by	ADP
ajeer-2399	1	5	the	the	DET
ajeer-2399	1	6	authors	author	NOUN
ajeer-2399	1	7	;	;	PUNCT
ajeer-2399	1	8	licensee	licensee	PROPN
ajeer-2399	1	9	asian	asian	ADJ
ajeer-2399	1	10	online	online	PROPN
ajeer-2399	1	11	journal	journal	PROPN
ajeer-2399	1	12	publishing	publishing	PROPN
ajeer-2399	1	13	group	group	PROPN
ajeer-2399	1	14	asian	asian	PROPN
ajeer-2399	1	15	journal	journal	PROPN
ajeer-2399	1	16	of	of	ADP
ajeer-2399	1	17	economics	economic	NOUN
ajeer-2399	1	18	and	and	CCONJ
ajeer-2399	1	19	empirical	empirical	ADJ
ajeer-2399	1	20	research	research	NOUN
ajeer-2399	1	21	vol	vol	NOUN
ajeer-2399	1	22	.	.	PUNCT
ajeer-2399	1	23	7	7	NUM
ajeer-2399	1	24	,	,	PUNCT
ajeer-2399	1	25	no	no	INTJ
ajeer-2399	1	26	.	.	NOUN
ajeer-2399	1	27	2	2	NUM
ajeer-2399	1	28	,	,	PUNCT
ajeer-2399	1	29	268	268	NUM
ajeer-2399	1	30	-	-	SYM
ajeer-2399	1	31	281	281	NUM
ajeer-2399	1	32	,	,	PUNCT
ajeer-2399	1	33	2020	2020	NUM
ajeer-2399	1	34	issn(e	issn(e	PROPN
ajeer-2399	1	35	)	)	PUNCT
ajeer-2399	1	36	2409	2409	NUM
ajeer-2399	1	37	-	-	SYM
ajeer-2399	1	38	2622	2622	NUM
ajeer-2399	1	39	/	/	SYM
ajeer-2399	1	40	issn(p	issn(p	PROPN
ajeer-2399	1	41	)	)	PUNCT
ajeer-2399	1	42	2518	2518	NUM
ajeer-2399	1	43	-	-	PUNCT
ajeer-2399	1	44	010x	010x	ADJ
ajeer-2399	1	45	doi	doi	NOUN
ajeer-2399	1	46	:	:	PUNCT
ajeer-2399	1	47	10.20448	10.20448	NUM
ajeer-2399	1	48	/	/	SYM
ajeer-2399	1	49	journal.501.2020.72.268.281	journal.501.2020.72.268.281	PROPN
ajeer-2399	1	50	©	©	PROPN
ajeer-2399	1	51	2020	2020	NUM
ajeer-2399	1	52	by	by	ADP
ajeer-2399	1	53	the	the	DET
ajeer-2399	1	54	authors	author	NOUN
ajeer-2399	1	55	;	;	PUNCT
ajeer-2399	2	1	licensee	licensee	PROPN
ajeer-2399	2	2	asian	asian	ADJ
ajeer-2399	2	3	online	online	PROPN
ajeer-2399	2	4	journal	journal	PROPN
ajeer-2399	2	5	publishing	publishing	NOUN
ajeer-2399	2	6	group	group	NOUN
ajeer-2399	2	7	estimating	estimate	VERB
ajeer-2399	2	8	cambodia	cambodia	PROPN
ajeer-2399	2	9	’s	’s	PART
ajeer-2399	2	10	economic	economic	ADJ
ajeer-2399	2	11	conditions	condition	NOUN
ajeer-2399	2	12	by	by	ADP
ajeer-2399	2	13	dynamic	dynamic	ADJ
ajeer-2399	2	14	factor	factor	NOUN
ajeer-2399	2	15	model	model	NOUN
ajeer-2399	2	16	kimleng	kimleng	PROPN
ajeer-2399	2	17	sa	sa	PROPN
ajeer-2399	2	18	graduate	graduate	PROPN
ajeer-2399	2	19	school	school	NOUN
ajeer-2399	2	20	of	of	ADP
ajeer-2399	2	21	public	public	ADJ
ajeer-2399	2	22	policy	policy	NOUN
ajeer-2399	2	23	,	,	PUNCT
ajeer-2399	2	24	the	the	DET
ajeer-2399	2	25	university	university	NOUN
ajeer-2399	2	26	of	of	ADP
ajeer-2399	2	27	tokyo	tokyo	PROPN
ajeer-2399	2	28	,	,	PUNCT
ajeer-2399	2	29	japan	japan	PROPN
ajeer-2399	2	30	.	.	PUNCT
ajeer-2399	3	1	abstract	abstract	ADJ
ajeer-2399	3	2	this	this	DET
ajeer-2399	3	3	study	study	NOUN
ajeer-2399	3	4	constructed	construct	VERB
ajeer-2399	3	5	a	a	DET
ajeer-2399	3	6	coincident	coincident	ADJ
ajeer-2399	3	7	indicator	indicator	NOUN
ajeer-2399	3	8	(	(	PUNCT
ajeer-2399	3	9	ci	ci	NOUN
ajeer-2399	3	10	)	)	PUNCT
ajeer-2399	3	11	as	as	ADP
ajeer-2399	3	12	the	the	DET
ajeer-2399	3	13	unobserved	unobserved	ADJ
ajeer-2399	3	14	state	state	NOUN
ajeer-2399	3	15	of	of	ADP
ajeer-2399	3	16	the	the	DET
ajeer-2399	3	17	economy	economy	NOUN
ajeer-2399	3	18	in	in	ADP
ajeer-2399	3	19	cambodia	cambodia	PROPN
ajeer-2399	3	20	by	by	ADP
ajeer-2399	3	21	combining	combine	VERB
ajeer-2399	3	22	principal	principal	ADJ
ajeer-2399	3	23	components	component	NOUN
ajeer-2399	3	24	and	and	CCONJ
ajeer-2399	3	25	a	a	DET
ajeer-2399	3	26	dynamic	dynamic	ADJ
ajeer-2399	3	27	factor	factor	NOUN
ajeer-2399	3	28	model	model	NOUN
ajeer-2399	3	29	(	(	PUNCT
ajeer-2399	3	30	dfm	dfm	PROPN
ajeer-2399	3	31	)	)	PUNCT
ajeer-2399	3	32	.	.	PUNCT
ajeer-2399	4	1	in	in	ADP
ajeer-2399	4	2	the	the	DET
ajeer-2399	4	3	first	first	ADJ
ajeer-2399	4	4	step	step	NOUN
ajeer-2399	4	5	,	,	PUNCT
ajeer-2399	4	6	it	it	PRON
ajeer-2399	4	7	estimated	estimate	VERB
ajeer-2399	4	8	the	the	DET
ajeer-2399	4	9	factor	factor	NOUN
ajeer-2399	4	10	loadings	loading	NOUN
ajeer-2399	4	11	(	(	PUNCT
ajeer-2399	4	12	coefficients	coefficient	NOUN
ajeer-2399	4	13	of	of	ADP
ajeer-2399	4	14	the	the	DET
ajeer-2399	4	15	unobserved	unobserved	ADJ
ajeer-2399	4	16	state	state	NOUN
ajeer-2399	4	17	variables	variable	NOUN
ajeer-2399	4	18	)	)	PUNCT
ajeer-2399	4	19	by	by	ADP
ajeer-2399	4	20	ordinary	ordinary	ADJ
ajeer-2399	4	21	least	least	ADJ
ajeer-2399	4	22	squares	square	NOUN
ajeer-2399	4	23	(	(	PUNCT
ajeer-2399	4	24	ols	ol	NOUN
ajeer-2399	4	25	)	)	PUNCT
ajeer-2399	4	26	and	and	CCONJ
ajeer-2399	4	27	feasible	feasible	ADJ
ajeer-2399	4	28	generalized	generalized	ADJ
ajeer-2399	4	29	least	least	ADJ
ajeer-2399	4	30	squares	square	NOUN
ajeer-2399	4	31	(	(	PUNCT
ajeer-2399	4	32	fgls	fgls	NOUN
ajeer-2399	4	33	)	)	PUNCT
ajeer-2399	4	34	methods	method	NOUN
ajeer-2399	4	35	using	use	VERB
ajeer-2399	4	36	the	the	DET
ajeer-2399	4	37	state	state	NOUN
ajeer-2399	4	38	variable	variable	NOUN
ajeer-2399	4	39	produced	produce	VERB
ajeer-2399	4	40	by	by	ADP
ajeer-2399	4	41	the	the	DET
ajeer-2399	4	42	first	first	ADJ
ajeer-2399	4	43	principal	principal	ADJ
ajeer-2399	4	44	component	component	NOUN
ajeer-2399	4	45	.	.	PUNCT
ajeer-2399	5	1	in	in	ADP
ajeer-2399	5	2	the	the	DET
ajeer-2399	5	3	second	second	ADJ
ajeer-2399	5	4	step	step	NOUN
ajeer-2399	5	5	,	,	PUNCT
ajeer-2399	5	6	it	it	PRON
ajeer-2399	5	7	estimated	estimate	VERB
ajeer-2399	5	8	the	the	DET
ajeer-2399	5	9	unobserved	unobserved	ADJ
ajeer-2399	5	10	state	state	NOUN
ajeer-2399	5	11	variables	variable	NOUN
ajeer-2399	5	12	through	through	ADP
ajeer-2399	5	13	the	the	DET
ajeer-2399	5	14	dfm	dfm	NOUN
ajeer-2399	5	15	by	by	ADP
ajeer-2399	5	16	replacing	replace	VERB
ajeer-2399	5	17	the	the	DET
ajeer-2399	5	18	coefficients	coefficient	NOUN
ajeer-2399	5	19	with	with	ADP
ajeer-2399	5	20	their	their	PRON
ajeer-2399	5	21	estimators	estimator	NOUN
ajeer-2399	5	22	in	in	ADP
ajeer-2399	5	23	the	the	DET
ajeer-2399	5	24	first	first	ADJ
ajeer-2399	5	25	step	step	NOUN
ajeer-2399	5	26	.	.	PUNCT
ajeer-2399	6	1	doz	doz	PROPN
ajeer-2399	6	2	,	,	PUNCT
ajeer-2399	6	3	giannone	giannone	NOUN
ajeer-2399	6	4	,	,	PUNCT
ajeer-2399	6	5	and	and	CCONJ
ajeer-2399	6	6	reichlin	reichlin	PROPN
ajeer-2399	6	7	(	(	PUNCT
ajeer-2399	6	8	2011	2011	NUM
ajeer-2399	6	9	)	)	PUNCT
ajeer-2399	6	10	introduced	introduce	VERB
ajeer-2399	6	11	this	this	DET
ajeer-2399	6	12	hybrid	hybrid	ADJ
ajeer-2399	6	13	approach	approach	NOUN
ajeer-2399	6	14	for	for	ADP
ajeer-2399	6	15	stationary	stationary	ADJ
ajeer-2399	6	16	data	datum	NOUN
ajeer-2399	6	17	.	.	PUNCT
ajeer-2399	7	1	the	the	DET
ajeer-2399	7	2	coincident	coincident	ADJ
ajeer-2399	7	3	indicator	indicator	NOUN
ajeer-2399	7	4	showed	show	VERB
ajeer-2399	7	5	that	that	SCONJ
ajeer-2399	7	6	cambodia	cambodia	PROPN
ajeer-2399	7	7	’s	’s	PART
ajeer-2399	7	8	economy	economy	NOUN
ajeer-2399	7	9	fell	fall	VERB
ajeer-2399	7	10	below	below	ADP
ajeer-2399	7	11	its	its	PRON
ajeer-2399	7	12	potential	potential	ADJ
ajeer-2399	7	13	level	level	NOUN
ajeer-2399	7	14	between	between	ADP
ajeer-2399	7	15	2016	2016	NUM
ajeer-2399	7	16	and	and	CCONJ
ajeer-2399	7	17	2017	2017	NUM
ajeer-2399	7	18	and	and	CCONJ
ajeer-2399	7	19	started	start	VERB
ajeer-2399	7	20	recovering	recover	VERB
ajeer-2399	7	21	after	after	ADP
ajeer-2399	7	22	mid-2017	mid-2017	NOUN
ajeer-2399	7	23	.	.	PUNCT
ajeer-2399	8	1	by	by	ADP
ajeer-2399	8	2	exploiting	exploit	VERB
ajeer-2399	8	3	the	the	DET
ajeer-2399	8	4	coincident	coincident	ADJ
ajeer-2399	8	5	index	index	NOUN
ajeer-2399	8	6	,	,	PUNCT
ajeer-2399	8	7	the	the	DET
ajeer-2399	8	8	study	study	NOUN
ajeer-2399	8	9	examined	examine	VERB
ajeer-2399	8	10	comovement	comovement	NOUN
ajeer-2399	8	11	between	between	ADP
ajeer-2399	8	12	the	the	DET
ajeer-2399	8	13	foreign	foreign	ADJ
ajeer-2399	8	14	direct	direct	ADJ
ajeer-2399	8	15	investment	investment	NOUN
ajeer-2399	8	16	(	(	PUNCT
ajeer-2399	8	17	fdi	fdi	NOUN
ajeer-2399	8	18	)	)	PUNCT
ajeer-2399	8	19	inflow	inflow	NOUN
ajeer-2399	8	20	and	and	CCONJ
ajeer-2399	8	21	the	the	DET
ajeer-2399	8	22	state	state	NOUN
ajeer-2399	8	23	of	of	ADP
ajeer-2399	8	24	the	the	DET
ajeer-2399	8	25	economy	economy	NOUN
ajeer-2399	8	26	by	by	ADP
ajeer-2399	8	27	using	use	VERB
ajeer-2399	8	28	the	the	DET
ajeer-2399	8	29	autoregressive	autoregressive	ADJ
ajeer-2399	8	30	distributed	distribute	VERB
ajeer-2399	8	31	lags	lag	NOUN
ajeer-2399	8	32	(	(	PUNCT
ajeer-2399	8	33	ardl	ardl	NOUN
ajeer-2399	8	34	)	)	PUNCT
ajeer-2399	8	35	model	model	NOUN
ajeer-2399	8	36	.	.	PUNCT
ajeer-2399	9	1	the	the	DET
ajeer-2399	9	2	result	result	NOUN
ajeer-2399	9	3	showed	show	VERB
ajeer-2399	9	4	that	that	SCONJ
ajeer-2399	9	5	an	an	DET
ajeer-2399	9	6	acceleration	acceleration	NOUN
ajeer-2399	9	7	of	of	ADP
ajeer-2399	9	8	the	the	DET
ajeer-2399	9	9	economic	economic	ADJ
ajeer-2399	9	10	condition	condition	NOUN
ajeer-2399	9	11	contributed	contribute	VERB
ajeer-2399	9	12	to	to	ADP
ajeer-2399	9	13	an	an	DET
ajeer-2399	9	14	increase	increase	NOUN
ajeer-2399	9	15	in	in	ADP
ajeer-2399	9	16	fdi	fdi	ADJ
ajeer-2399	9	17	inflow	inflow	NOUN
ajeer-2399	9	18	in	in	ADP
ajeer-2399	9	19	the	the	DET
ajeer-2399	9	20	short	short	ADJ
ajeer-2399	9	21	-	-	PUNCT
ajeer-2399	9	22	term	term	NOUN
ajeer-2399	9	23	for	for	ADP
ajeer-2399	9	24	all	all	DET
ajeer-2399	9	25	models	model	NOUN
ajeer-2399	9	26	;	;	PUNCT
ajeer-2399	9	27	the	the	DET
ajeer-2399	9	28	long	long	ADJ
ajeer-2399	9	29	-	-	PUNCT
ajeer-2399	9	30	term	term	NOUN
ajeer-2399	9	31	coefficient	coefficient	NOUN
ajeer-2399	9	32	became	become	VERB
ajeer-2399	9	33	negative	negative	ADJ
ajeer-2399	9	34	.	.	PUNCT
ajeer-2399	10	1	one	one	NUM
ajeer-2399	10	2	reason	reason	NOUN
ajeer-2399	10	3	for	for	ADP
ajeer-2399	10	4	this	this	PRON
ajeer-2399	10	5	could	could	AUX
ajeer-2399	10	6	be	be	AUX
ajeer-2399	10	7	the	the	DET
ajeer-2399	10	8	diminishing	diminish	VERB
ajeer-2399	10	9	marginal	marginal	ADJ
ajeer-2399	10	10	product	product	NOUN
ajeer-2399	10	11	of	of	ADP
ajeer-2399	10	12	capital	capital	NOUN
ajeer-2399	10	13	that	that	PRON
ajeer-2399	10	14	made	make	VERB
ajeer-2399	10	15	foreign	foreign	ADJ
ajeer-2399	10	16	capital	capital	NOUN
ajeer-2399	10	17	investment	investment	NOUN
ajeer-2399	10	18	less	less	ADV
ajeer-2399	10	19	attractive	attractive	ADJ
ajeer-2399	10	20	.	.	PUNCT
ajeer-2399	11	1	keywords	keyword	NOUN
ajeer-2399	11	2	:	:	PUNCT
ajeer-2399	11	3	coincident	coincident	ADJ
ajeer-2399	11	4	indicator	indicator	NOUN
ajeer-2399	11	5	,	,	PUNCT
ajeer-2399	11	6	dynamic	dynamic	ADJ
ajeer-2399	11	7	factor	factor	NOUN
ajeer-2399	11	8	model	model	NOUN
ajeer-2399	11	9	,	,	PUNCT
ajeer-2399	11	10	principal	principal	ADJ
ajeer-2399	11	11	components	component	NOUN
ajeer-2399	11	12	,	,	PUNCT
ajeer-2399	11	13	kalman	kalman	NOUN
ajeer-2399	11	14	filter	filter	PROPN
ajeer-2399	11	15	,	,	PUNCT
ajeer-2399	11	16	state	state	NOUN
ajeer-2399	11	17	of	of	ADP
ajeer-2399	11	18	the	the	DET
ajeer-2399	11	19	economy	economy	NOUN
ajeer-2399	11	20	,	,	PUNCT
ajeer-2399	11	21	foreign	foreign	ADJ
ajeer-2399	11	22	direct	direct	ADJ
ajeer-2399	11	23	investment	investment	NOUN
ajeer-2399	11	24	.	.	PUNCT
ajeer-2399	12	1	jel	jel	PROPN
ajeer-2399	12	2	classification	classification	NOUN
ajeer-2399	12	3	:	:	PUNCT
ajeer-2399	12	4	e1	e1	NOUN
ajeer-2399	12	5	,	,	PUNCT
ajeer-2399	12	6	e3	e3	NOUN
ajeer-2399	12	7	.	.	PUNCT
ajeer-2399	13	1	citation	citation	NOUN
ajeer-2399	13	2	|	|	PROPN
ajeer-2399	13	3	kimleng	kimleng	PROPN
ajeer-2399	13	4	sa	sa	PROPN
ajeer-2399	13	5	(	(	PUNCT
ajeer-2399	13	6	2020	2020	NUM
ajeer-2399	13	7	)	)	PUNCT
ajeer-2399	13	8	.	.	PUNCT
ajeer-2399	14	1	estimating	estimate	VERB
ajeer-2399	14	2	cambodia	cambodia	PROPN
ajeer-2399	14	3	’s	’s	PART
ajeer-2399	14	4	economic	economic	ADJ
ajeer-2399	14	5	conditions	condition	NOUN
ajeer-2399	14	6	by	by	ADP
ajeer-2399	14	7	dynamic	dynamic	ADJ
ajeer-2399	14	8	factor	factor	NOUN
ajeer-2399	14	9	model	model	NOUN
ajeer-2399	14	10	.	.	PUNCT
ajeer-2399	15	1	asian	asian	ADJ
ajeer-2399	15	2	journal	journal	PROPN
ajeer-2399	15	3	of	of	ADP
ajeer-2399	15	4	economics	economic	NOUN
ajeer-2399	15	5	and	and	CCONJ
ajeer-2399	15	6	empirical	empirical	ADJ
ajeer-2399	15	7	research	research	NOUN
ajeer-2399	15	8	,	,	PUNCT
ajeer-2399	15	9	7(2	7(2	NUM
ajeer-2399	15	10	):	):	PUNCT
ajeer-2399	15	11	268	268	NUM
ajeer-2399	15	12	-	-	SYM
ajeer-2399	15	13	281	281	NUM
ajeer-2399	15	14	.	.	PUNCT
ajeer-2399	16	1	history	history	NOUN
ajeer-2399	16	2	:	:	PUNCT
ajeer-2399	16	3	received	receive	VERB
ajeer-2399	16	4	:	:	PUNCT
ajeer-2399	16	5	30	30	NUM
ajeer-2399	16	6	september	september	PROPN
ajeer-2399	16	7	2020	2020	NUM
ajeer-2399	16	8	revised	revise	VERB
ajeer-2399	16	9	:	:	PUNCT
ajeer-2399	16	10	19	19	NUM
ajeer-2399	16	11	september	september	PROPN
ajeer-2399	16	12	2020	2020	NUM
ajeer-2399	16	13	accepted	accept	VERB
ajeer-2399	16	14	:	:	PUNCT
ajeer-2399	16	15	16	16	NUM
ajeer-2399	16	16	november	november	PROPN
ajeer-2399	16	17	2020	2020	NUM
ajeer-2399	16	18	published	publish	VERB
ajeer-2399	16	19	:	:	PUNCT
ajeer-2399	17	1	7	7	NUM
ajeer-2399	17	2	december	december	PROPN
ajeer-2399	17	3	2020	2020	NUM
ajeer-2399	17	4	licensed	license	VERB
ajeer-2399	17	5	:	:	PUNCT
ajeer-2399	17	6	this	this	DET
ajeer-2399	17	7	work	work	NOUN
ajeer-2399	17	8	is	be	AUX
ajeer-2399	17	9	licensed	license	VERB
ajeer-2399	17	10	under	under	ADP
ajeer-2399	17	11	a	a	DET
ajeer-2399	17	12	creative	creative	ADJ
ajeer-2399	17	13	commons	common	NOUN
ajeer-2399	17	14	attribution	attribution	NOUN
ajeer-2399	17	15	3.0	3.0	NUM
ajeer-2399	17	16	license	license	NOUN
ajeer-2399	17	17	publisher	publisher	NOUN
ajeer-2399	17	18	:	:	PUNCT
ajeer-2399	17	19	asian	asian	ADJ
ajeer-2399	17	20	online	online	PROPN
ajeer-2399	17	21	journal	journal	PROPN
ajeer-2399	17	22	publishing	publishing	PROPN
ajeer-2399	17	23	group	group	PROPN
ajeer-2399	17	24	funding	funding	NOUN
ajeer-2399	17	25	:	:	PUNCT
ajeer-2399	17	26	this	this	DET
ajeer-2399	17	27	study	study	NOUN
ajeer-2399	17	28	received	receive	VERB
ajeer-2399	17	29	no	no	DET
ajeer-2399	17	30	specific	specific	ADJ
ajeer-2399	17	31	financial	financial	ADJ
ajeer-2399	17	32	support	support	NOUN
ajeer-2399	17	33	.	.	PUNCT
ajeer-2399	18	1	competing	compete	VERB
ajeer-2399	18	2	interests	interest	NOUN
ajeer-2399	18	3	:	:	PUNCT
ajeer-2399	18	4	the	the	DET
ajeer-2399	18	5	author	author	NOUN
ajeer-2399	18	6	declares	declare	VERB
ajeer-2399	18	7	that	that	SCONJ
ajeer-2399	18	8	there	there	PRON
ajeer-2399	18	9	are	be	VERB
ajeer-2399	18	10	no	no	DET
ajeer-2399	18	11	conflicts	conflict	NOUN
ajeer-2399	18	12	of	of	ADP
ajeer-2399	18	13	interests	interest	NOUN
ajeer-2399	18	14	regarding	regard	VERB
ajeer-2399	18	15	the	the	DET
ajeer-2399	18	16	publication	publication	NOUN
ajeer-2399	18	17	of	of	ADP
ajeer-2399	18	18	this	this	DET
ajeer-2399	18	19	paper	paper	NOUN
ajeer-2399	18	20	.	.	PUNCT
ajeer-2399	19	1	transparency	transparency	NOUN
ajeer-2399	19	2	:	:	PUNCT
ajeer-2399	19	3	the	the	DET
ajeer-2399	19	4	author	author	NOUN
ajeer-2399	19	5	confirm	confirm	VERB
ajeer-2399	19	6	that	that	SCONJ
ajeer-2399	19	7	the	the	DET
ajeer-2399	19	8	manuscript	manuscript	NOUN
ajeer-2399	19	9	is	be	AUX
ajeer-2399	19	10	an	an	DET
ajeer-2399	19	11	honest	honest	ADJ
ajeer-2399	19	12	,	,	PUNCT
ajeer-2399	19	13	accurate	accurate	ADJ
ajeer-2399	19	14	,	,	PUNCT
ajeer-2399	19	15	and	and	CCONJ
ajeer-2399	19	16	transparent	transparent	ADJ
ajeer-2399	19	17	account	account	NOUN
ajeer-2399	19	18	of	of	ADP
ajeer-2399	19	19	the	the	DET
ajeer-2399	19	20	study	study	NOUN
ajeer-2399	19	21	was	be	AUX
ajeer-2399	19	22	reported	report	VERB
ajeer-2399	19	23	;	;	PUNCT
ajeer-2399	19	24	that	that	SCONJ
ajeer-2399	19	25	no	no	DET
ajeer-2399	19	26	vital	vital	ADJ
ajeer-2399	19	27	features	feature	NOUN
ajeer-2399	19	28	of	of	ADP
ajeer-2399	19	29	the	the	DET
ajeer-2399	19	30	study	study	NOUN
ajeer-2399	19	31	have	have	AUX
ajeer-2399	19	32	been	be	AUX
ajeer-2399	19	33	omitted	omit	VERB
ajeer-2399	19	34	;	;	PUNCT
ajeer-2399	19	35	and	and	CCONJ
ajeer-2399	19	36	that	that	SCONJ
ajeer-2399	19	37	any	any	DET
ajeer-2399	19	38	discrepancies	discrepancy	NOUN
ajeer-2399	19	39	from	from	ADP
ajeer-2399	19	40	the	the	DET
ajeer-2399	19	41	study	study	NOUN
ajeer-2399	19	42	as	as	SCONJ
ajeer-2399	19	43	planned	plan	VERB
ajeer-2399	19	44	have	have	AUX
ajeer-2399	19	45	been	be	AUX
ajeer-2399	19	46	explained	explain	VERB
ajeer-2399	19	47	.	.	PUNCT
ajeer-2399	20	1	ethical	ethical	ADJ
ajeer-2399	20	2	:	:	PUNCT
ajeer-2399	20	3	this	this	DET
ajeer-2399	20	4	study	study	NOUN
ajeer-2399	20	5	followed	follow	VERB
ajeer-2399	20	6	all	all	DET
ajeer-2399	20	7	ethical	ethical	ADJ
ajeer-2399	20	8	practices	practice	NOUN
ajeer-2399	20	9	during	during	ADP
ajeer-2399	20	10	writing	writing	NOUN
ajeer-2399	20	11	.	.	PUNCT
ajeer-2399	21	1	contents	content	NOUN
ajeer-2399	21	2	1	1	NUM
ajeer-2399	21	3	.	.	PUNCT
ajeer-2399	22	1	introduction	introduction	NOUN
ajeer-2399	22	2	....................................................................................................................................................................................	....................................................................................................................................................................................	PUNCT
ajeer-2399	22	3	269	269	NUM
ajeer-2399	22	4	2	2	NUM
ajeer-2399	22	5	.	.	PUNCT
ajeer-2399	22	6	literature	literature	PROPN
ajeer-2399	22	7	review	review	PROPN
ajeer-2399	22	8	..........................................................................................................................................................................	..........................................................................................................................................................................	PUNCT
ajeer-2399	23	1	269	269	NUM
ajeer-2399	23	2	3	3	NUM
ajeer-2399	23	3	.	.	PUNCT
ajeer-2399	23	4	methodology	methodology	NOUN
ajeer-2399	23	5	...................................................................................................................................................................................	...................................................................................................................................................................................	PROPN
ajeer-2399	24	1	271	271	NUM
ajeer-2399	24	2	4	4	NUM
ajeer-2399	24	3	.	.	PUNCT
ajeer-2399	24	4	result	result	NOUN
ajeer-2399	24	5	of	of	ADP
ajeer-2399	24	6	the	the	DET
ajeer-2399	24	7	study	study	NOUN
ajeer-2399	24	8	........................................................................................................................................................................	........................................................................................................................................................................	PUNCT
ajeer-2399	25	1	273	273	NUM
ajeer-2399	25	2	5	5	NUM
ajeer-2399	25	3	.	.	PUNCT
ajeer-2399	25	4	discussion	discussion	NOUN
ajeer-2399	25	5	and	and	CCONJ
ajeer-2399	25	6	limitation	limitation	NOUN
ajeer-2399	25	7	of	of	ADP
ajeer-2399	25	8	the	the	DET
ajeer-2399	25	9	study	study	NOUN
ajeer-2399	25	10	....................................................................................................................................	....................................................................................................................................	PUNCT
ajeer-2399	25	11	274	274	NUM
ajeer-2399	25	12	6	6	NUM
ajeer-2399	25	13	.	.	PUNCT
ajeer-2399	26	1	conclusion	conclusion	NOUN
ajeer-2399	26	2	.......................................................................................................................................................................................	.......................................................................................................................................................................................	PUNCT
ajeer-2399	26	3	274	274	NUM
ajeer-2399	26	4	references	reference	NOUN
ajeer-2399	26	5	............................................................................................................................................................................................	............................................................................................................................................................................................	PUNCT
ajeer-2399	27	1	275	275	NUM
ajeer-2399	27	2	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.501.2020.72.268.281&domain=pdf&date_stamp=2017-01-14	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.501.2020.72.268.281&domain=pdf&date_stamp=2017-01-14	PROPN
ajeer-2399	27	3	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
ajeer-2399	27	4	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
ajeer-2399	27	5	http://asianonlinejournals.com/index.php/ajeer/article/view/2399	http://asianonlinejournals.com/index.php/ajeer/article/view/2399	ADP
ajeer-2399	27	6	https://orcid.org/0000-0001-5386-3887	https://orcid.org/0000-0001-5386-3887	ADJ
ajeer-2399	27	7	asian	asian	ADJ
ajeer-2399	27	8	journal	journal	NOUN
ajeer-2399	27	9	of	of	ADP
ajeer-2399	27	10	economics	economic	NOUN
ajeer-2399	27	11	and	and	CCONJ
ajeer-2399	27	12	empirical	empirical	ADJ
ajeer-2399	27	13	research	research	NOUN
ajeer-2399	27	14	,	,	PUNCT
ajeer-2399	27	15	2020	2020	NUM
ajeer-2399	27	16	,	,	PUNCT
ajeer-2399	27	17	7(2	7(2	NUM
ajeer-2399	27	18	):	):	PUNCT
ajeer-2399	27	19	268	268	NUM
ajeer-2399	27	20	-	-	SYM
ajeer-2399	27	21	281	281	NUM
ajeer-2399	27	22	269	269	NUM
ajeer-2399	27	23	©	©	ADP
ajeer-2399	27	24	2020	2020	NUM
ajeer-2399	27	25	by	by	ADP
ajeer-2399	27	26	the	the	DET
ajeer-2399	27	27	authors	author	NOUN
ajeer-2399	27	28	;	;	PUNCT
ajeer-2399	27	29	licensee	licensee	PROPN
ajeer-2399	27	30	asian	asian	ADJ
ajeer-2399	27	31	online	online	PROPN
ajeer-2399	27	32	journal	journal	PROPN
ajeer-2399	27	33	publishing	publishing	NOUN
ajeer-2399	27	34	group	group	NOUN
ajeer-2399	27	35	contribution	contribution	NOUN
ajeer-2399	27	36	of	of	ADP
ajeer-2399	27	37	this	this	DET
ajeer-2399	27	38	paper	paper	NOUN
ajeer-2399	27	39	to	to	ADP
ajeer-2399	27	40	the	the	DET
ajeer-2399	27	41	literature	literature	NOUN
ajeer-2399	27	42	this	this	DET
ajeer-2399	27	43	study	study	NOUN
ajeer-2399	27	44	contributes	contribute	VERB
ajeer-2399	27	45	to	to	ADP
ajeer-2399	27	46	existing	exist	VERB
ajeer-2399	27	47	literature	literature	NOUN
ajeer-2399	27	48	by	by	ADP
ajeer-2399	27	49	constructing	construct	VERB
ajeer-2399	27	50	a	a	DET
ajeer-2399	27	51	coincident	coincident	ADJ
ajeer-2399	27	52	indicator	indicator	NOUN
ajeer-2399	27	53	(	(	PUNCT
ajeer-2399	27	54	ci	ci	NOUN
ajeer-2399	27	55	)	)	PUNCT
ajeer-2399	27	56	as	as	ADP
ajeer-2399	27	57	the	the	DET
ajeer-2399	27	58	unobserved	unobserved	ADJ
ajeer-2399	27	59	state	state	NOUN
ajeer-2399	27	60	of	of	ADP
ajeer-2399	27	61	the	the	DET
ajeer-2399	27	62	economy	economy	NOUN
ajeer-2399	27	63	in	in	ADP
ajeer-2399	27	64	cambodia	cambodia	PROPN
ajeer-2399	27	65	.	.	PUNCT
ajeer-2399	28	1	1	1	X
ajeer-2399	28	2	.	.	X
ajeer-2399	28	3	introduction	introduction	NOUN
ajeer-2399	28	4	the	the	DET
ajeer-2399	28	5	early	early	ADJ
ajeer-2399	28	6	warning	warning	NOUN
ajeer-2399	28	7	system	system	NOUN
ajeer-2399	28	8	plays	play	VERB
ajeer-2399	28	9	a	a	DET
ajeer-2399	28	10	crucial	crucial	ADJ
ajeer-2399	28	11	role	role	NOUN
ajeer-2399	28	12	in	in	ADP
ajeer-2399	28	13	monitoring	monitor	VERB
ajeer-2399	28	14	economic	economic	ADJ
ajeer-2399	28	15	activity	activity	NOUN
ajeer-2399	28	16	in	in	ADP
ajeer-2399	28	17	cambodia	cambodia	PROPN
ajeer-2399	28	18	.	.	PUNCT
ajeer-2399	29	1	despite	despite	SCONJ
ajeer-2399	29	2	high	high	ADJ
ajeer-2399	29	3	economic	economic	ADJ
ajeer-2399	29	4	growth	growth	NOUN
ajeer-2399	29	5	rate	rate	NOUN
ajeer-2399	29	6	,	,	PUNCT
ajeer-2399	29	7	the	the	DET
ajeer-2399	29	8	economy	economy	NOUN
ajeer-2399	29	9	was	be	AUX
ajeer-2399	29	10	vulnerable	vulnerable	ADJ
ajeer-2399	29	11	to	to	ADP
ajeer-2399	29	12	shocks	shock	NOUN
ajeer-2399	29	13	(	(	PUNCT
ajeer-2399	29	14	world	world	PROPN
ajeer-2399	29	15	bank	bank	PROPN
ajeer-2399	29	16	,	,	PUNCT
ajeer-2399	29	17	2018).1	2018).1	NUM
ajeer-2399	29	18	the	the	DET
ajeer-2399	29	19	imf	imf	PROPN
ajeer-2399	29	20	(	(	PUNCT
ajeer-2399	29	21	2018	2018	NUM
ajeer-2399	29	22	)	)	PUNCT
ajeer-2399	29	23	identified	identify	VERB
ajeer-2399	29	24	export	export	NOUN
ajeer-2399	29	25	and	and	CCONJ
ajeer-2399	29	26	fiscal	fiscal	ADJ
ajeer-2399	29	27	shocks	shock	NOUN
ajeer-2399	29	28	,	,	PUNCT
ajeer-2399	29	29	and	and	CCONJ
ajeer-2399	29	30	contingency	contingency	NOUN
ajeer-2399	29	31	liability	liability	NOUN
ajeer-2399	29	32	,	,	PUNCT
ajeer-2399	29	33	as	as	ADP
ajeer-2399	29	34	major	major	ADJ
ajeer-2399	29	35	risks	risk	NOUN
ajeer-2399	29	36	that	that	PRON
ajeer-2399	29	37	could	could	AUX
ajeer-2399	29	38	slow	slow	VERB
ajeer-2399	29	39	down	down	ADP
ajeer-2399	29	40	cambodia	cambodia	PROPN
ajeer-2399	29	41	’s	’s	PART
ajeer-2399	29	42	economy	economy	NOUN
ajeer-2399	29	43	.	.	PUNCT
ajeer-2399	30	1	without	without	ADP
ajeer-2399	30	2	an	an	DET
ajeer-2399	30	3	early	early	ADJ
ajeer-2399	30	4	warning	warning	NOUN
ajeer-2399	30	5	system	system	NOUN
ajeer-2399	30	6	the	the	DET
ajeer-2399	30	7	countercyclical	countercyclical	ADJ
ajeer-2399	30	8	policy	policy	NOUN
ajeer-2399	30	9	may	may	AUX
ajeer-2399	30	10	be	be	AUX
ajeer-2399	30	11	plausible	plausible	ADJ
ajeer-2399	30	12	and	and	CCONJ
ajeer-2399	30	13	sometimes	sometimes	ADV
ajeer-2399	30	14	even	even	ADV
ajeer-2399	30	15	push	push	VERB
ajeer-2399	30	16	the	the	DET
ajeer-2399	30	17	economy	economy	NOUN
ajeer-2399	30	18	into	into	ADP
ajeer-2399	30	19	a	a	DET
ajeer-2399	30	20	worse	bad	ADJ
ajeer-2399	30	21	condition	condition	NOUN
ajeer-2399	30	22	.	.	PUNCT
ajeer-2399	31	1	wyplosz	wyplosz	NOUN
ajeer-2399	31	2	(	(	PUNCT
ajeer-2399	31	3	2005	2005	NUM
ajeer-2399	31	4	)	)	PUNCT
ajeer-2399	31	5	emphasized	emphasize	VERB
ajeer-2399	31	6	the	the	DET
ajeer-2399	31	7	use	use	NOUN
ajeer-2399	31	8	of	of	ADP
ajeer-2399	31	9	fiscal	fiscal	ADJ
ajeer-2399	31	10	policy	policy	NOUN
ajeer-2399	31	11	as	as	ADP
ajeer-2399	31	12	a	a	DET
ajeer-2399	31	13	countercyclical	countercyclical	ADJ
ajeer-2399	31	14	policy	policy	NOUN
ajeer-2399	31	15	could	could	AUX
ajeer-2399	31	16	be	be	AUX
ajeer-2399	31	17	inefficient	inefficient	ADJ
ajeer-2399	31	18	and	and	CCONJ
ajeer-2399	31	19	possibly	possibly	ADV
ajeer-2399	31	20	do	do	VERB
ajeer-2399	31	21	more	more	ADJ
ajeer-2399	31	22	harm	harm	NOUN
ajeer-2399	31	23	than	than	ADP
ajeer-2399	31	24	good	good	ADJ
ajeer-2399	31	25	.	.	PUNCT
ajeer-2399	32	1	for	for	ADP
ajeer-2399	32	2	these	these	DET
ajeer-2399	32	3	reasons	reason	NOUN
ajeer-2399	32	4	,	,	PUNCT
ajeer-2399	32	5	a	a	DET
ajeer-2399	32	6	well	well	ADV
ajeer-2399	32	7	-	-	PUNCT
ajeer-2399	32	8	designed	design	VERB
ajeer-2399	32	9	early	early	ADJ
ajeer-2399	32	10	warning	warning	NOUN
ajeer-2399	32	11	system	system	NOUN
ajeer-2399	32	12	could	could	AUX
ajeer-2399	32	13	lower	lower	VERB
ajeer-2399	32	14	the	the	DET
ajeer-2399	32	15	magnitude	magnitude	NOUN
ajeer-2399	32	16	of	of	ADP
ajeer-2399	32	17	shocks	shock	NOUN
ajeer-2399	32	18	,	,	PUNCT
ajeer-2399	32	19	improve	improve	VERB
ajeer-2399	32	20	the	the	DET
ajeer-2399	32	21	surveillance	surveillance	NOUN
ajeer-2399	32	22	capacity	capacity	NOUN
ajeer-2399	32	23	,	,	PUNCT
ajeer-2399	32	24	and	and	CCONJ
ajeer-2399	32	25	serve	serve	VERB
ajeer-2399	32	26	as	as	ADP
ajeer-2399	32	27	an	an	DET
ajeer-2399	32	28	alert	alert	NOUN
ajeer-2399	32	29	when	when	SCONJ
ajeer-2399	32	30	the	the	DET
ajeer-2399	32	31	economy	economy	NOUN
ajeer-2399	32	32	moves	move	VERB
ajeer-2399	32	33	into	into	ADP
ajeer-2399	32	34	a	a	DET
ajeer-2399	32	35	recession	recession	NOUN
ajeer-2399	32	36	.	.	PUNCT
ajeer-2399	33	1	monitoring	monitor	VERB
ajeer-2399	33	2	economic	economic	ADJ
ajeer-2399	33	3	activity	activity	NOUN
ajeer-2399	33	4	,	,	PUNCT
ajeer-2399	33	5	and	and	CCONJ
ajeer-2399	33	6	mainly	mainly	ADV
ajeer-2399	33	7	observing	observe	VERB
ajeer-2399	33	8	the	the	DET
ajeer-2399	33	9	business	business	NOUN
ajeer-2399	33	10	cycle	cycle	NOUN
ajeer-2399	33	11	,	,	PUNCT
ajeer-2399	33	12	requires	require	VERB
ajeer-2399	33	13	a	a	DET
ajeer-2399	33	14	high	high	ADJ
ajeer-2399	33	15	-	-	PUNCT
ajeer-2399	33	16	frequency	frequency	NOUN
ajeer-2399	33	17	indicator	indicator	NOUN
ajeer-2399	33	18	that	that	PRON
ajeer-2399	33	19	represents	represent	VERB
ajeer-2399	33	20	the	the	DET
ajeer-2399	33	21	cyclical	cyclical	ADJ
ajeer-2399	33	22	movement	movement	NOUN
ajeer-2399	33	23	of	of	ADP
ajeer-2399	33	24	the	the	DET
ajeer-2399	33	25	economy	economy	NOUN
ajeer-2399	33	26	,	,	PUNCT
ajeer-2399	33	27	and	and	CCONJ
ajeer-2399	33	28	gross	gross	ADJ
ajeer-2399	33	29	domestic	domestic	ADJ
ajeer-2399	33	30	product	product	NOUN
ajeer-2399	33	31	(	(	PUNCT
ajeer-2399	33	32	gdp	gdp	NOUN
ajeer-2399	33	33	)	)	PUNCT
ajeer-2399	33	34	would	would	AUX
ajeer-2399	33	35	be	be	AUX
ajeer-2399	33	36	a	a	DET
ajeer-2399	33	37	suitable	suitable	ADJ
ajeer-2399	33	38	candidate	candidate	NOUN
ajeer-2399	33	39	(	(	PUNCT
ajeer-2399	33	40	oecd	oecd	PROPN
ajeer-2399	33	41	,	,	PUNCT
ajeer-2399	33	42	2010	2010	NUM
ajeer-2399	33	43	)	)	PUNCT
ajeer-2399	33	44	.	.	PUNCT
ajeer-2399	34	1	however	however	ADV
ajeer-2399	34	2	,	,	PUNCT
ajeer-2399	34	3	monthly	monthly	ADJ
ajeer-2399	34	4	and	and	CCONJ
ajeer-2399	34	5	quarterly	quarterly	ADJ
ajeer-2399	34	6	gdp	gdp	NOUN
ajeer-2399	34	7	is	be	AUX
ajeer-2399	34	8	not	not	PART
ajeer-2399	34	9	available	available	ADJ
ajeer-2399	34	10	for	for	ADP
ajeer-2399	34	11	cambodia	cambodia	PROPN
ajeer-2399	34	12	mainly	mainly	ADV
ajeer-2399	34	13	due	due	ADP
ajeer-2399	34	14	to	to	ADP
ajeer-2399	34	15	resource	resource	NOUN
ajeer-2399	34	16	and	and	CCONJ
ajeer-2399	34	17	time	time	NOUN
ajeer-2399	34	18	constraints	constraint	NOUN
ajeer-2399	34	19	for	for	ADP
ajeer-2399	34	20	compiling	compile	VERB
ajeer-2399	34	21	such	such	ADJ
ajeer-2399	34	22	data	datum	NOUN
ajeer-2399	34	23	.	.	PUNCT
ajeer-2399	35	1	for	for	ADP
ajeer-2399	35	2	these	these	DET
ajeer-2399	35	3	reasons	reason	NOUN
ajeer-2399	35	4	,	,	PUNCT
ajeer-2399	35	5	there	there	PRON
ajeer-2399	35	6	is	be	VERB
ajeer-2399	35	7	a	a	DET
ajeer-2399	35	8	need	need	NOUN
ajeer-2399	35	9	to	to	PART
ajeer-2399	35	10	create	create	VERB
ajeer-2399	35	11	a	a	DET
ajeer-2399	35	12	similar	similar	ADJ
ajeer-2399	35	13	indicator	indicator	NOUN
ajeer-2399	35	14	that	that	PRON
ajeer-2399	35	15	could	could	AUX
ajeer-2399	35	16	be	be	AUX
ajeer-2399	35	17	closely	closely	ADV
ajeer-2399	35	18	correlated	correlate	VERB
ajeer-2399	35	19	to	to	ADP
ajeer-2399	35	20	gdp	gdp	VERB
ajeer-2399	35	21	to	to	PART
ajeer-2399	35	22	monitor	monitor	VERB
ajeer-2399	35	23	economic	economic	ADJ
ajeer-2399	35	24	conditions	condition	NOUN
ajeer-2399	35	25	,	,	PUNCT
ajeer-2399	35	26	and	and	CCONJ
ajeer-2399	35	27	to	to	PART
ajeer-2399	35	28	observe	observe	VERB
ajeer-2399	35	29	the	the	DET
ajeer-2399	35	30	business	business	NOUN
ajeer-2399	35	31	cycle	cycle	NOUN
ajeer-2399	35	32	.	.	PUNCT
ajeer-2399	36	1	similar	similar	ADJ
ajeer-2399	36	2	to	to	ADP
ajeer-2399	36	3	gdp	gdp	PROPN
ajeer-2399	36	4	,	,	PUNCT
ajeer-2399	36	5	the	the	DET
ajeer-2399	36	6	coincident	coincident	ADJ
ajeer-2399	36	7	indicator	indicator	NOUN
ajeer-2399	36	8	could	could	AUX
ajeer-2399	36	9	be	be	AUX
ajeer-2399	36	10	a	a	DET
ajeer-2399	36	11	useful	useful	ADJ
ajeer-2399	36	12	tool	tool	NOUN
ajeer-2399	36	13	in	in	ADP
ajeer-2399	36	14	the	the	DET
ajeer-2399	36	15	study	study	NOUN
ajeer-2399	36	16	of	of	ADP
ajeer-2399	36	17	the	the	DET
ajeer-2399	36	18	business	business	NOUN
ajeer-2399	36	19	cycle	cycle	NOUN
ajeer-2399	36	20	.	.	PUNCT
ajeer-2399	37	1	the	the	DET
ajeer-2399	37	2	ci	ci	PROPN
ajeer-2399	37	3	,	,	PUNCT
ajeer-2399	37	4	for	for	ADP
ajeer-2399	37	5	the	the	DET
ajeer-2399	37	6	unobserved	unobserved	ADJ
ajeer-2399	37	7	state	state	NOUN
ajeer-2399	37	8	of	of	ADP
ajeer-2399	37	9	the	the	DET
ajeer-2399	37	10	economy	economy	NOUN
ajeer-2399	37	11	,	,	PUNCT
ajeer-2399	37	12	is	be	AUX
ajeer-2399	37	13	constructed	construct	VERB
ajeer-2399	37	14	by	by	ADP
ajeer-2399	37	15	exploiting	exploit	VERB
ajeer-2399	37	16	its	its	PRON
ajeer-2399	37	17	relationship	relationship	NOUN
ajeer-2399	37	18	with	with	ADP
ajeer-2399	37	19	high	high	ADJ
ajeer-2399	37	20	-	-	PUNCT
ajeer-2399	37	21	frequency	frequency	NOUN
ajeer-2399	37	22	observable	observable	ADJ
ajeer-2399	37	23	variables	variable	NOUN
ajeer-2399	37	24	,	,	PUNCT
ajeer-2399	37	25	which	which	PRON
ajeer-2399	37	26	are	be	AUX
ajeer-2399	37	27	available	available	ADJ
ajeer-2399	37	28	on	on	ADP
ajeer-2399	37	29	a	a	DET
ajeer-2399	37	30	monthly	monthly	ADJ
ajeer-2399	37	31	basis	basis	NOUN
ajeer-2399	37	32	.	.	PUNCT
ajeer-2399	38	1	it	it	PRON
ajeer-2399	38	2	compiles	compile	VERB
ajeer-2399	38	3	high	high	ADJ
ajeer-2399	38	4	-	-	PUNCT
ajeer-2399	38	5	frequency	frequency	NOUN
ajeer-2399	38	6	data	datum	NOUN
ajeer-2399	38	7	into	into	ADP
ajeer-2399	38	8	a	a	DET
ajeer-2399	38	9	single	single	ADJ
ajeer-2399	38	10	index	index	NOUN
ajeer-2399	38	11	that	that	PRON
ajeer-2399	38	12	captures	capture	VERB
ajeer-2399	38	13	the	the	DET
ajeer-2399	38	14	current	current	ADJ
ajeer-2399	38	15	state	state	NOUN
ajeer-2399	38	16	of	of	ADP
ajeer-2399	38	17	the	the	DET
ajeer-2399	38	18	economy	economy	NOUN
ajeer-2399	38	19	and	and	CCONJ
ajeer-2399	38	20	real	real	ADJ
ajeer-2399	38	21	-	-	PUNCT
ajeer-2399	38	22	time	time	NOUN
ajeer-2399	38	23	economic	economic	ADJ
ajeer-2399	38	24	performance	performance	NOUN
ajeer-2399	38	25	.	.	PUNCT
ajeer-2399	39	1	the	the	DET
ajeer-2399	39	2	oecd	oecd	PROPN
ajeer-2399	39	3	(	(	PUNCT
ajeer-2399	39	4	2010	2010	NUM
ajeer-2399	39	5	)	)	PUNCT
ajeer-2399	39	6	used	use	VERB
ajeer-2399	39	7	macroeconomic	macroeconomic	ADJ
ajeer-2399	39	8	variables	variable	NOUN
ajeer-2399	39	9	that	that	PRON
ajeer-2399	39	10	hold	hold	VERB
ajeer-2399	39	11	both	both	CCONJ
ajeer-2399	39	12	economic	economic	ADJ
ajeer-2399	39	13	and	and	CCONJ
ajeer-2399	39	14	statistical	statistical	ADJ
ajeer-2399	39	15	relevance	relevance	NOUN
ajeer-2399	39	16	to	to	ADP
ajeer-2399	39	17	quarterly	quarterly	ADJ
ajeer-2399	39	18	real	real	ADJ
ajeer-2399	39	19	gdp	gdp	NOUN
ajeer-2399	39	20	in	in	ADP
ajeer-2399	39	21	establishing	establish	VERB
ajeer-2399	39	22	a	a	DET
ajeer-2399	39	23	coincident	coincident	ADJ
ajeer-2399	39	24	indicator	indicator	NOUN
ajeer-2399	39	25	.	.	PUNCT
ajeer-2399	40	1	by	by	ADP
ajeer-2399	40	2	proper	proper	ADJ
ajeer-2399	40	3	design	design	NOUN
ajeer-2399	40	4	,	,	PUNCT
ajeer-2399	40	5	it	it	PRON
ajeer-2399	40	6	could	could	AUX
ajeer-2399	40	7	help	help	VERB
ajeer-2399	40	8	policymakers	policymaker	NOUN
ajeer-2399	40	9	in	in	ADP
ajeer-2399	40	10	surveillance	surveillance	NOUN
ajeer-2399	40	11	activity	activity	NOUN
ajeer-2399	40	12	and	and	CCONJ
ajeer-2399	40	13	monitoring	monitor	VERB
ajeer-2399	40	14	the	the	DET
ajeer-2399	40	15	real	real	ADJ
ajeer-2399	40	16	sector	sector	NOUN
ajeer-2399	40	17	to	to	PART
ajeer-2399	40	18	signal	signal	VERB
ajeer-2399	40	19	when	when	SCONJ
ajeer-2399	40	20	the	the	DET
ajeer-2399	40	21	economy	economy	NOUN
ajeer-2399	40	22	moves	move	VERB
ajeer-2399	40	23	into	into	ADP
ajeer-2399	40	24	a	a	DET
ajeer-2399	40	25	recession	recession	NOUN
ajeer-2399	40	26	.	.	PUNCT
ajeer-2399	41	1	additionally	additionally	ADV
ajeer-2399	41	2	,	,	PUNCT
ajeer-2399	41	3	it	it	PRON
ajeer-2399	41	4	could	could	AUX
ajeer-2399	41	5	be	be	AUX
ajeer-2399	41	6	a	a	DET
ajeer-2399	41	7	useful	useful	ADJ
ajeer-2399	41	8	tool	tool	NOUN
ajeer-2399	41	9	for	for	ADP
ajeer-2399	41	10	policymakers	policymaker	NOUN
ajeer-2399	41	11	dealing	deal	VERB
ajeer-2399	41	12	with	with	ADP
ajeer-2399	41	13	unemployment	unemployment	NOUN
ajeer-2399	41	14	and	and	CCONJ
ajeer-2399	41	15	inflation	inflation	NOUN
ajeer-2399	41	16	issues	issue	NOUN
ajeer-2399	41	17	during	during	ADP
ajeer-2399	41	18	the	the	DET
ajeer-2399	41	19	peaks	peak	NOUN
ajeer-2399	41	20	and	and	CCONJ
ajeer-2399	41	21	troughs	troughs	NOUN
ajeer-2399	41	22	(	(	PUNCT
ajeer-2399	41	23	zarnowitz	zarnowitz	PROPN
ajeer-2399	41	24	&	&	CCONJ
ajeer-2399	41	25	moore	moore	PROPN
ajeer-2399	41	26	,	,	PUNCT
ajeer-2399	41	27	1983	1983	NUM
ajeer-2399	41	28	)	)	PUNCT
ajeer-2399	41	29	.	.	PUNCT
ajeer-2399	42	1	it	it	PRON
ajeer-2399	42	2	was	be	AUX
ajeer-2399	42	3	also	also	ADV
ajeer-2399	42	4	a	a	DET
ajeer-2399	42	5	useful	useful	ADJ
ajeer-2399	42	6	indicator	indicator	NOUN
ajeer-2399	42	7	in	in	ADP
ajeer-2399	42	8	the	the	DET
ajeer-2399	42	9	analysis	analysis	NOUN
ajeer-2399	42	10	of	of	ADP
ajeer-2399	42	11	the	the	DET
ajeer-2399	42	12	short	short	ADJ
ajeer-2399	42	13	-	-	PUNCT
ajeer-2399	42	14	term	term	NOUN
ajeer-2399	42	15	macroeconomic	macroeconomic	ADJ
ajeer-2399	42	16	dynamic	dynamic	NOUN
ajeer-2399	42	17	(	(	PUNCT
ajeer-2399	42	18	guo	guo	PROPN
ajeer-2399	42	19	,	,	PUNCT
ajeer-2399	42	20	ozyildirim	ozyildirim	NOUN
ajeer-2399	42	21	,	,	PUNCT
ajeer-2399	42	22	&	&	CCONJ
ajeer-2399	42	23	zarnowitz	zarnowitz	PROPN
ajeer-2399	42	24	,	,	PUNCT
ajeer-2399	42	25	2009	2009	NUM
ajeer-2399	42	26	)	)	PUNCT
ajeer-2399	42	27	.	.	PUNCT
ajeer-2399	43	1	although	although	SCONJ
ajeer-2399	43	2	the	the	DET
ajeer-2399	43	3	coincident	coincident	ADJ
ajeer-2399	43	4	index	index	NOUN
ajeer-2399	43	5	helps	help	VERB
ajeer-2399	43	6	to	to	PART
ajeer-2399	43	7	monitor	monitor	VERB
ajeer-2399	43	8	economic	economic	ADJ
ajeer-2399	43	9	performance	performance	NOUN
ajeer-2399	43	10	,	,	PUNCT
ajeer-2399	43	11	there	there	PRON
ajeer-2399	43	12	are	be	VERB
ajeer-2399	43	13	some	some	DET
ajeer-2399	43	14	challenges	challenge	NOUN
ajeer-2399	43	15	to	to	PART
ajeer-2399	43	16	be	be	AUX
ajeer-2399	43	17	considered	consider	VERB
ajeer-2399	43	18	.	.	PUNCT
ajeer-2399	44	1	one	one	NUM
ajeer-2399	44	2	issue	issue	NOUN
ajeer-2399	44	3	concerns	concern	VERB
ajeer-2399	44	4	the	the	DET
ajeer-2399	44	5	number	number	NOUN
ajeer-2399	44	6	of	of	ADP
ajeer-2399	44	7	variables	variable	NOUN
ajeer-2399	44	8	used	use	VERB
ajeer-2399	44	9	for	for	ADP
ajeer-2399	44	10	its	its	PRON
ajeer-2399	44	11	establishment	establishment	NOUN
ajeer-2399	44	12	.	.	PUNCT
ajeer-2399	45	1	caggiano	caggiano	PROPN
ajeer-2399	45	2	,	,	PUNCT
ajeer-2399	45	3	kapetanios	kapetanio	NOUN
ajeer-2399	45	4	,	,	PUNCT
ajeer-2399	45	5	and	and	CCONJ
ajeer-2399	45	6	labhard	labhard	NOUN
ajeer-2399	45	7	(	(	PUNCT
ajeer-2399	45	8	2011	2011	NUM
ajeer-2399	45	9	)	)	PUNCT
ajeer-2399	45	10	suggested	suggest	VERB
ajeer-2399	45	11	that	that	SCONJ
ajeer-2399	45	12	using	use	VERB
ajeer-2399	45	13	many	many	ADJ
ajeer-2399	45	14	variables	variable	NOUN
ajeer-2399	45	15	is	be	AUX
ajeer-2399	45	16	not	not	PART
ajeer-2399	45	17	always	always	ADV
ajeer-2399	45	18	the	the	DET
ajeer-2399	45	19	best	good	ADJ
ajeer-2399	45	20	solution	solution	NOUN
ajeer-2399	45	21	.	.	PUNCT
ajeer-2399	46	1	in	in	ADP
ajeer-2399	46	2	addition	addition	NOUN
ajeer-2399	46	3	,	,	PUNCT
ajeer-2399	46	4	how	how	SCONJ
ajeer-2399	46	5	well	well	ADV
ajeer-2399	46	6	this	this	DET
ajeer-2399	46	7	index	index	NOUN
ajeer-2399	46	8	can	can	AUX
ajeer-2399	46	9	signal	signal	VERB
ajeer-2399	46	10	a	a	DET
ajeer-2399	46	11	recession	recession	NOUN
ajeer-2399	46	12	is	be	AUX
ajeer-2399	46	13	unknown	unknown	ADJ
ajeer-2399	46	14	.	.	PUNCT
ajeer-2399	47	1	the	the	DET
ajeer-2399	47	2	problem	problem	NOUN
ajeer-2399	47	3	concerns	concern	VERB
ajeer-2399	47	4	when	when	SCONJ
ajeer-2399	47	5	the	the	DET
ajeer-2399	47	6	real	real	ADJ
ajeer-2399	47	7	economy	economy	NOUN
ajeer-2399	47	8	will	will	AUX
ajeer-2399	47	9	respond	respond	VERB
ajeer-2399	47	10	or	or	CCONJ
ajeer-2399	47	11	how	how	SCONJ
ajeer-2399	47	12	long	long	ADV
ajeer-2399	47	13	it	it	PRON
ajeer-2399	47	14	will	will	AUX
ajeer-2399	47	15	take	take	VERB
ajeer-2399	47	16	to	to	PART
ajeer-2399	47	17	come	come	VERB
ajeer-2399	47	18	into	into	ADP
ajeer-2399	47	19	effect	effect	NOUN
ajeer-2399	47	20	.	.	PUNCT
ajeer-2399	48	1	the	the	DET
ajeer-2399	48	2	oecd	oecd	PROPN
ajeer-2399	48	3	(	(	PUNCT
ajeer-2399	48	4	2010	2010	NUM
ajeer-2399	48	5	)	)	PUNCT
ajeer-2399	48	6	suggested	suggest	VERB
ajeer-2399	48	7	that	that	SCONJ
ajeer-2399	48	8	the	the	DET
ajeer-2399	48	9	coincident	coincident	ADJ
ajeer-2399	48	10	indicator	indicator	NOUN
ajeer-2399	48	11	signaled	signal	VERB
ajeer-2399	48	12	five	five	NUM
ajeer-2399	48	13	to	to	PART
ajeer-2399	48	14	six	six	NUM
ajeer-2399	48	15	months	month	NOUN
ajeer-2399	48	16	in	in	ADP
ajeer-2399	48	17	advance	advance	NOUN
ajeer-2399	48	18	of	of	ADP
ajeer-2399	48	19	the	the	DET
ajeer-2399	48	20	economy	economy	NOUN
ajeer-2399	48	21	going	go	VERB
ajeer-2399	48	22	into	into	ADP
ajeer-2399	48	23	recession	recession	NOUN
ajeer-2399	48	24	.	.	PUNCT
ajeer-2399	49	1	the	the	DET
ajeer-2399	49	2	coincident	coincident	ADJ
ajeer-2399	49	3	indicator	indicator	NOUN
ajeer-2399	49	4	should	should	AUX
ajeer-2399	49	5	be	be	AUX
ajeer-2399	49	6	used	use	VERB
ajeer-2399	49	7	cautiously	cautiously	ADV
ajeer-2399	49	8	and	and	CCONJ
ajeer-2399	49	9	will	will	AUX
ajeer-2399	49	10	require	require	VERB
ajeer-2399	49	11	adjustment	adjustment	NOUN
ajeer-2399	49	12	when	when	SCONJ
ajeer-2399	49	13	additional	additional	ADJ
ajeer-2399	49	14	information	information	NOUN
ajeer-2399	49	15	is	be	AUX
ajeer-2399	49	16	available	available	ADJ
ajeer-2399	49	17	.	.	PUNCT
ajeer-2399	50	1	despite	despite	SCONJ
ajeer-2399	50	2	its	its	PRON
ajeer-2399	50	3	limitations	limitation	NOUN
ajeer-2399	50	4	,	,	PUNCT
ajeer-2399	50	5	there	there	PRON
ajeer-2399	50	6	is	be	VERB
ajeer-2399	50	7	no	no	DET
ajeer-2399	50	8	doubt	doubt	NOUN
ajeer-2399	50	9	that	that	SCONJ
ajeer-2399	50	10	the	the	DET
ajeer-2399	50	11	coincident	coincident	ADJ
ajeer-2399	50	12	index	index	NOUN
ajeer-2399	50	13	plays	play	VERB
ajeer-2399	50	14	a	a	DET
ajeer-2399	50	15	crucial	crucial	ADJ
ajeer-2399	50	16	role	role	NOUN
ajeer-2399	50	17	for	for	ADP
ajeer-2399	50	18	policymakers	policymaker	NOUN
ajeer-2399	50	19	in	in	ADP
ajeer-2399	50	20	monitoring	monitor	VERB
ajeer-2399	50	21	economic	economic	ADJ
ajeer-2399	50	22	activities	activity	NOUN
ajeer-2399	50	23	.	.	PUNCT
ajeer-2399	51	1	exploiting	exploit	VERB
ajeer-2399	51	2	the	the	DET
ajeer-2399	51	3	ci	ci	NOUN
ajeer-2399	51	4	,	,	PUNCT
ajeer-2399	51	5	the	the	DET
ajeer-2399	51	6	study	study	NOUN
ajeer-2399	51	7	examined	examine	VERB
ajeer-2399	51	8	the	the	DET
ajeer-2399	51	9	movement	movement	NOUN
ajeer-2399	51	10	of	of	ADP
ajeer-2399	51	11	foreign	foreign	ADJ
ajeer-2399	51	12	direct	direct	ADJ
ajeer-2399	51	13	investment	investment	NOUN
ajeer-2399	51	14	inflow	inflow	NOUN
ajeer-2399	51	15	and	and	CCONJ
ajeer-2399	51	16	the	the	DET
ajeer-2399	51	17	state	state	NOUN
ajeer-2399	51	18	of	of	ADP
ajeer-2399	51	19	the	the	DET
ajeer-2399	51	20	economy	economy	NOUN
ajeer-2399	51	21	.	.	PUNCT
ajeer-2399	52	1	large	large	ADJ
ajeer-2399	52	2	capital	capital	NOUN
ajeer-2399	52	3	mobility	mobility	NOUN
ajeer-2399	52	4	could	could	AUX
ajeer-2399	52	5	put	put	VERB
ajeer-2399	52	6	the	the	DET
ajeer-2399	52	7	economy	economy	NOUN
ajeer-2399	52	8	at	at	ADP
ajeer-2399	52	9	risk	risk	NOUN
ajeer-2399	52	10	due	due	ADP
ajeer-2399	52	11	to	to	ADP
ajeer-2399	52	12	the	the	DET
ajeer-2399	52	13	lack	lack	NOUN
ajeer-2399	52	14	of	of	ADP
ajeer-2399	52	15	capital	capital	NOUN
ajeer-2399	52	16	control	control	NOUN
ajeer-2399	52	17	mechanisms	mechanism	NOUN
ajeer-2399	52	18	.	.	PUNCT
ajeer-2399	53	1	although	although	SCONJ
ajeer-2399	53	2	it	it	PRON
ajeer-2399	53	3	may	may	AUX
ajeer-2399	53	4	be	be	AUX
ajeer-2399	53	5	difficult	difficult	ADJ
ajeer-2399	53	6	to	to	PART
ajeer-2399	53	7	adjust	adjust	VERB
ajeer-2399	53	8	fdi	fdi	NOUN
ajeer-2399	53	9	within	within	ADP
ajeer-2399	53	10	a	a	DET
ajeer-2399	53	11	short	short	ADJ
ajeer-2399	53	12	period	period	NOUN
ajeer-2399	53	13	,	,	PUNCT
ajeer-2399	53	14	a	a	DET
ajeer-2399	53	15	more	more	ADV
ajeer-2399	53	16	liquid	liquid	ADJ
ajeer-2399	53	17	fdi	fdi	NOUN
ajeer-2399	53	18	tends	tend	VERB
ajeer-2399	53	19	to	to	PART
ajeer-2399	53	20	flow	flow	VERB
ajeer-2399	53	21	out	out	ADP
ajeer-2399	53	22	of	of	ADP
ajeer-2399	53	23	a	a	DET
ajeer-2399	53	24	country	country	NOUN
ajeer-2399	53	25	when	when	SCONJ
ajeer-2399	53	26	the	the	DET
ajeer-2399	53	27	economy	economy	NOUN
ajeer-2399	53	28	moves	move	VERB
ajeer-2399	53	29	into	into	ADP
ajeer-2399	53	30	a	a	DET
ajeer-2399	53	31	bad	bad	ADJ
ajeer-2399	53	32	situation	situation	NOUN
ajeer-2399	53	33	,	,	PUNCT
ajeer-2399	53	34	such	such	ADJ
ajeer-2399	53	35	as	as	ADP
ajeer-2399	53	36	a	a	DET
ajeer-2399	53	37	recession	recession	NOUN
ajeer-2399	53	38	.	.	PUNCT
ajeer-2399	54	1	large	large	ADJ
ajeer-2399	54	2	capital	capital	NOUN
ajeer-2399	54	3	mobility	mobility	NOUN
ajeer-2399	54	4	could	could	AUX
ajeer-2399	54	5	put	put	VERB
ajeer-2399	54	6	the	the	DET
ajeer-2399	54	7	balance	balance	NOUN
ajeer-2399	54	8	of	of	ADP
ajeer-2399	54	9	payment	payment	NOUN
ajeer-2399	54	10	at	at	ADP
ajeer-2399	54	11	risk	risk	NOUN
ajeer-2399	54	12	due	due	ADP
ajeer-2399	54	13	to	to	ADP
ajeer-2399	54	14	exchange	exchange	NOUN
ajeer-2399	54	15	rate	rate	NOUN
ajeer-2399	54	16	depreciation	depreciation	NOUN
ajeer-2399	54	17	,	,	PUNCT
ajeer-2399	54	18	especially	especially	ADV
ajeer-2399	54	19	for	for	ADP
ajeer-2399	54	20	net	net	ADJ
ajeer-2399	54	21	debtor	debtor	NOUN
ajeer-2399	54	22	countries	country	NOUN
ajeer-2399	54	23	.	.	PUNCT
ajeer-2399	55	1	this	this	DET
ajeer-2399	55	2	paper	paper	NOUN
ajeer-2399	55	3	has	have	VERB
ajeer-2399	55	4	the	the	DET
ajeer-2399	55	5	following	follow	VERB
ajeer-2399	55	6	structure	structure	NOUN
ajeer-2399	55	7	:	:	PUNCT
ajeer-2399	55	8	section	section	NOUN
ajeer-2399	55	9	two	two	NUM
ajeer-2399	55	10	reviews	review	VERB
ajeer-2399	55	11	the	the	DET
ajeer-2399	55	12	empirical	empirical	ADJ
ajeer-2399	55	13	literature	literature	NOUN
ajeer-2399	55	14	of	of	ADP
ajeer-2399	55	15	the	the	DET
ajeer-2399	55	16	coincident	coincident	ADJ
ajeer-2399	55	17	index	index	NOUN
ajeer-2399	55	18	and	and	CCONJ
ajeer-2399	55	19	the	the	DET
ajeer-2399	55	20	dynamic	dynamic	ADJ
ajeer-2399	55	21	factor	factor	NOUN
ajeer-2399	55	22	model	model	NOUN
ajeer-2399	55	23	,	,	PUNCT
ajeer-2399	55	24	section	section	NOUN
ajeer-2399	55	25	three	three	NUM
ajeer-2399	55	26	identifies	identify	VERB
ajeer-2399	55	27	the	the	DET
ajeer-2399	55	28	methodologies	methodology	NOUN
ajeer-2399	55	29	used	use	VERB
ajeer-2399	55	30	to	to	PART
ajeer-2399	55	31	establish	establish	VERB
ajeer-2399	55	32	the	the	DET
ajeer-2399	55	33	coincident	coincident	ADJ
ajeer-2399	55	34	indicator	indicator	NOUN
ajeer-2399	55	35	,	,	PUNCT
ajeer-2399	55	36	section	section	NOUN
ajeer-2399	55	37	four	four	NUM
ajeer-2399	55	38	shows	show	VERB
ajeer-2399	55	39	the	the	DET
ajeer-2399	55	40	results	result	NOUN
ajeer-2399	55	41	,	,	PUNCT
ajeer-2399	55	42	section	section	NOUN
ajeer-2399	55	43	five	five	NUM
ajeer-2399	55	44	discusses	discuss	VERB
ajeer-2399	55	45	the	the	DET
ajeer-2399	55	46	limitations	limitation	NOUN
ajeer-2399	55	47	of	of	ADP
ajeer-2399	55	48	the	the	DET
ajeer-2399	55	49	study	study	NOUN
ajeer-2399	55	50	,	,	PUNCT
ajeer-2399	55	51	and	and	CCONJ
ajeer-2399	55	52	the	the	DET
ajeer-2399	55	53	final	final	ADJ
ajeer-2399	55	54	part	part	NOUN
ajeer-2399	55	55	comprises	comprise	VERB
ajeer-2399	55	56	the	the	DET
ajeer-2399	55	57	concluding	concluding	NOUN
ajeer-2399	55	58	remarks	remark	VERB
ajeer-2399	55	59	.	.	PUNCT
ajeer-2399	56	1	2	2	X
ajeer-2399	56	2	.	.	X
ajeer-2399	56	3	literature	literature	NOUN
ajeer-2399	56	4	review	review	VERB
ajeer-2399	56	5	the	the	DET
ajeer-2399	56	6	coincident	coincident	ADJ
ajeer-2399	56	7	index	index	NOUN
ajeer-2399	56	8	for	for	ADP
ajeer-2399	56	9	the	the	DET
ajeer-2399	56	10	unobserved	unobserved	ADJ
ajeer-2399	56	11	state	state	NOUN
ajeer-2399	56	12	of	of	ADP
ajeer-2399	56	13	the	the	DET
ajeer-2399	56	14	economy	economy	NOUN
ajeer-2399	56	15	has	have	AUX
ajeer-2399	56	16	often	often	ADV
ajeer-2399	56	17	been	be	AUX
ajeer-2399	56	18	used	use	VERB
ajeer-2399	56	19	in	in	ADP
ajeer-2399	56	20	the	the	DET
ajeer-2399	56	21	study	study	NOUN
ajeer-2399	56	22	of	of	ADP
ajeer-2399	56	23	the	the	DET
ajeer-2399	56	24	business	business	NOUN
ajeer-2399	56	25	cycle	cycle	NOUN
ajeer-2399	56	26	,	,	PUNCT
ajeer-2399	56	27	for	for	ADP
ajeer-2399	56	28	example	example	NOUN
ajeer-2399	56	29	,	,	PUNCT
ajeer-2399	56	30	by	by	ADP
ajeer-2399	56	31	stock	stock	NOUN
ajeer-2399	56	32	and	and	CCONJ
ajeer-2399	56	33	watson	watson	PROPN
ajeer-2399	56	34	(	(	PUNCT
ajeer-2399	56	35	1989	1989	NUM
ajeer-2399	56	36	)	)	PUNCT
ajeer-2399	56	37	;	;	PUNCT
ajeer-2399	56	38	kim	kim	PROPN
ajeer-2399	56	39	and	and	CCONJ
ajeer-2399	56	40	nelson	nelson	PROPN
ajeer-2399	56	41	(	(	PUNCT
ajeer-2399	56	42	1998	1998	NUM
ajeer-2399	56	43	)	)	PUNCT
ajeer-2399	56	44	;	;	PUNCT
ajeer-2399	57	1	altissimo	altissimo	PROPN
ajeer-2399	57	2	.	.	PUNCT
ajeer-2399	57	3	et	et	PROPN
ajeer-2399	57	4	al	al	PROPN
ajeer-2399	57	5	.	.	PROPN
ajeer-2399	58	1	(	(	PUNCT
ajeer-2399	58	2	2001	2001	NUM
ajeer-2399	58	3	)	)	PUNCT
ajeer-2399	58	4	;	;	PUNCT
ajeer-2399	58	5	aruoba	aruoba	NOUN
ajeer-2399	58	6	,	,	PUNCT
ajeer-2399	58	7	diebold	diebold	VERB
ajeer-2399	58	8	,	,	PUNCT
ajeer-2399	58	9	and	and	CCONJ
ajeer-2399	58	10	scotti	scotti	X
ajeer-2399	58	11	(	(	PUNCT
ajeer-2399	58	12	2009	2009	NUM
ajeer-2399	58	13	)	)	PUNCT
ajeer-2399	58	14	;	;	PUNCT
ajeer-2399	59	1	oecd	oecd	PROPN
ajeer-2399	59	2	(	(	PUNCT
ajeer-2399	59	3	2010	2010	NUM
ajeer-2399	59	4	)	)	PUNCT
ajeer-2399	59	5	and	and	CCONJ
ajeer-2399	59	6	bakarić	bakarić	NOUN
ajeer-2399	59	7	,	,	PUNCT
ajeer-2399	59	8	tkalec	tkalec	NOUN
ajeer-2399	59	9	,	,	PUNCT
ajeer-2399	59	10	and	and	CCONJ
ajeer-2399	59	11	vizek	vizek	NOUN
ajeer-2399	59	12	(	(	PUNCT
ajeer-2399	59	13	2016	2016	NUM
ajeer-2399	59	14	)	)	PUNCT
ajeer-2399	59	15	.	.	PUNCT
ajeer-2399	60	1	the	the	DET
ajeer-2399	60	2	idea	idea	NOUN
ajeer-2399	60	3	behind	behind	ADP
ajeer-2399	60	4	the	the	DET
ajeer-2399	60	5	coincident	coincident	ADJ
ajeer-2399	60	6	indicator	indicator	NOUN
ajeer-2399	60	7	is	be	AUX
ajeer-2399	60	8	that	that	SCONJ
ajeer-2399	60	9	many	many	ADJ
ajeer-2399	60	10	macroeconomic	macroeconomic	ADJ
ajeer-2399	60	11	variables	variable	NOUN
ajeer-2399	60	12	comove	comove	VERB
ajeer-2399	60	13	with	with	ADP
ajeer-2399	60	14	a	a	DET
ajeer-2399	60	15	single	single	ADJ
ajeer-2399	60	16	unobserved	unobserved	ADJ
ajeer-2399	60	17	variable	variable	NOUN
ajeer-2399	60	18	called	call	VERB
ajeer-2399	60	19	the	the	DET
ajeer-2399	60	20	state	state	NOUN
ajeer-2399	60	21	of	of	ADP
ajeer-2399	60	22	the	the	DET
ajeer-2399	60	23	economy	economy	NOUN
ajeer-2399	60	24	.	.	PUNCT
ajeer-2399	61	1	this	this	DET
ajeer-2399	61	2	index	index	NOUN
ajeer-2399	61	3	became	become	VERB
ajeer-2399	61	4	a	a	DET
ajeer-2399	61	5	useful	useful	ADJ
ajeer-2399	61	6	tool	tool	NOUN
ajeer-2399	61	7	in	in	ADP
ajeer-2399	61	8	observing	observe	VERB
ajeer-2399	61	9	real	real	ADJ
ajeer-2399	61	10	-	-	PUNCT
ajeer-2399	61	11	time	time	NOUN
ajeer-2399	61	12	economic	economic	ADJ
ajeer-2399	61	13	performance	performance	NOUN
ajeer-2399	61	14	and	and	CCONJ
ajeer-2399	61	15	movement	movement	NOUN
ajeer-2399	61	16	of	of	ADP
ajeer-2399	61	17	output	output	NOUN
ajeer-2399	61	18	growth	growth	NOUN
ajeer-2399	61	19	(	(	PUNCT
ajeer-2399	61	20	mariano	mariano	PROPN
ajeer-2399	61	21	&	&	CCONJ
ajeer-2399	61	22	murasawa	murasawa	PROPN
ajeer-2399	61	23	,	,	PUNCT
ajeer-2399	61	24	2010	2010	NUM
ajeer-2399	61	25	)	)	PUNCT
ajeer-2399	61	26	.	.	PUNCT
ajeer-2399	62	1	stock	stock	NOUN
ajeer-2399	62	2	and	and	CCONJ
ajeer-2399	62	3	watson	watson	PROPN
ajeer-2399	62	4	(	(	PUNCT
ajeer-2399	62	5	1989	1989	NUM
ajeer-2399	62	6	)	)	PUNCT
ajeer-2399	62	7	examined	examine	VERB
ajeer-2399	62	8	the	the	DET
ajeer-2399	62	9	business	business	NOUN
ajeer-2399	62	10	cycle	cycle	NOUN
ajeer-2399	62	11	as	as	ADP
ajeer-2399	62	12	a	a	DET
ajeer-2399	62	13	comovement	comovement	NOUN
ajeer-2399	62	14	of	of	ADP
ajeer-2399	62	15	aggregated	aggregate	VERB
ajeer-2399	62	16	time	time	NOUN
ajeer-2399	62	17	series	series	PROPN
ajeer-2399	62	18	data	datum	NOUN
ajeer-2399	62	19	that	that	PRON
ajeer-2399	62	20	coincided	coincide	VERB
ajeer-2399	62	21	with	with	ADP
ajeer-2399	62	22	the	the	DET
ajeer-2399	62	23	latent	latent	NOUN
ajeer-2399	62	24	variable	variable	NOUN
ajeer-2399	62	25	—	—	PUNCT
ajeer-2399	62	26	the	the	DET
ajeer-2399	62	27	state	state	NOUN
ajeer-2399	62	28	of	of	ADP
ajeer-2399	62	29	the	the	DET
ajeer-2399	62	30	economy	economy	NOUN
ajeer-2399	62	31	.	.	PUNCT
ajeer-2399	63	1	stating	state	VERB
ajeer-2399	63	2	the	the	DET
ajeer-2399	63	3	business	business	NOUN
ajeer-2399	63	4	cycle	cycle	NOUN
ajeer-2399	63	5	as	as	ADP
ajeer-2399	63	6	a	a	DET
ajeer-2399	63	7	latent	latent	NOUN
ajeer-2399	63	8	variable	variable	NOUN
ajeer-2399	63	9	,	,	PUNCT
ajeer-2399	63	10	aruoba	aruoba	PROPN
ajeer-2399	63	11	et	et	PROPN
ajeer-2399	63	12	al	al	PROPN
ajeer-2399	63	13	.	.	PUNCT
ajeer-2399	64	1	(	(	PUNCT
ajeer-2399	64	2	2009	2009	NUM
ajeer-2399	64	3	)	)	PUNCT
ajeer-2399	64	4	followed	follow	VERB
ajeer-2399	64	5	a	a	DET
ajeer-2399	64	6	similar	similar	ADJ
ajeer-2399	64	7	method	method	NOUN
ajeer-2399	64	8	in	in	ADP
ajeer-2399	64	9	constructing	construct	VERB
ajeer-2399	64	10	a	a	DET
ajeer-2399	64	11	coincident	coincident	ADJ
ajeer-2399	64	12	indicator	indicator	NOUN
ajeer-2399	64	13	using	use	VERB
ajeer-2399	64	14	high	high	ADJ
ajeer-2399	64	15	-	-	PUNCT
ajeer-2399	64	16	frequency	frequency	NOUN
ajeer-2399	64	17	data	datum	NOUN
ajeer-2399	64	18	via	via	ADP
ajeer-2399	64	19	the	the	DET
ajeer-2399	64	20	dynamic	dynamic	ADJ
ajeer-2399	64	21	factor	factor	NOUN
ajeer-2399	64	22	model	model	NOUN
ajeer-2399	64	23	.	.	PUNCT
ajeer-2399	65	1	the	the	DET
ajeer-2399	65	2	choice	choice	NOUN
ajeer-2399	65	3	of	of	ADP
ajeer-2399	65	4	indicators	indicator	NOUN
ajeer-2399	65	5	used	use	VERB
ajeer-2399	65	6	for	for	ADP
ajeer-2399	65	7	creating	create	VERB
ajeer-2399	65	8	coincident	coincident	ADJ
ajeer-2399	65	9	indicators	indicator	NOUN
ajeer-2399	65	10	remains	remain	VERB
ajeer-2399	65	11	controversial	controversial	ADJ
ajeer-2399	65	12	.	.	PUNCT
ajeer-2399	66	1	the	the	DET
ajeer-2399	66	2	selected	select	VERB
ajeer-2399	66	3	variables	variable	NOUN
ajeer-2399	66	4	should	should	AUX
ajeer-2399	66	5	have	have	VERB
ajeer-2399	66	6	significant	significant	ADJ
ajeer-2399	66	7	relevance	relevance	NOUN
ajeer-2399	66	8	,	,	PUNCT
ajeer-2399	66	9	as	as	SCONJ
ajeer-2399	66	10	stated	state	VERB
ajeer-2399	66	11	by	by	ADP
ajeer-2399	66	12	the	the	DET
ajeer-2399	66	13	oecd	oecd	PROPN
ajeer-2399	66	14	(	(	PUNCT
ajeer-2399	66	15	2010	2010	NUM
ajeer-2399	66	16	)	)	PUNCT
ajeer-2399	66	17	.	.	PUNCT
ajeer-2399	67	1	the	the	DET
ajeer-2399	67	2	national	national	PROPN
ajeer-2399	67	3	bureau	bureau	PROPN
ajeer-2399	67	4	of	of	ADP
ajeer-2399	67	5	economic	economic	ADJ
ajeer-2399	67	6	research	research	NOUN
ajeer-2399	67	7	(	(	PUNCT
ajeer-2399	67	8	nber	nber	PROPN
ajeer-2399	67	9	)	)	PUNCT
ajeer-2399	67	10	constructed	construct	VERB
ajeer-2399	67	11	a	a	DET
ajeer-2399	67	12	coincident	coincident	ADJ
ajeer-2399	67	13	indicator	indicator	NOUN
ajeer-2399	67	14	using	use	VERB
ajeer-2399	67	15	four	four	NUM
ajeer-2399	67	16	leading	lead	VERB
ajeer-2399	67	17	indicators	indicator	NOUN
ajeer-2399	67	18	:	:	PUNCT
ajeer-2399	67	19	industrial	industrial	ADJ
ajeer-2399	67	20	production	production	NOUN
ajeer-2399	67	21	,	,	PUNCT
ajeer-2399	67	22	real	real	ADJ
ajeer-2399	67	23	personal	personal	ADJ
ajeer-2399	67	24	income	income	NOUN
ajeer-2399	67	25	less	less	ADJ
ajeer-2399	67	26	transfer	transfer	NOUN
ajeer-2399	67	27	,	,	PUNCT
ajeer-2399	67	28	real	real	ADJ
ajeer-2399	67	29	manufacturing	manufacturing	NOUN
ajeer-2399	67	30	and	and	CCONJ
ajeer-2399	67	31	trade	trade	NOUN
ajeer-2399	67	32	sales	sale	NOUN
ajeer-2399	67	33	,	,	PUNCT
ajeer-2399	67	34	and	and	CCONJ
ajeer-2399	67	35	employment	employment	NOUN
ajeer-2399	67	36	in	in	ADP
ajeer-2399	67	37	non	non	ADJ
ajeer-2399	67	38	-	-	NOUN
ajeer-2399	67	39	agriculture	agriculture	ADJ
ajeer-2399	67	40	(	(	PUNCT
ajeer-2399	67	41	stock	stock	NOUN
ajeer-2399	67	42	&	&	CCONJ
ajeer-2399	67	43	watson	watson	PROPN
ajeer-2399	67	44	,	,	PUNCT
ajeer-2399	67	45	1989	1989	NUM
ajeer-2399	67	46	)	)	PUNCT
ajeer-2399	67	47	.	.	PUNCT
ajeer-2399	68	1	however	however	ADV
ajeer-2399	68	2	,	,	PUNCT
ajeer-2399	68	3	the	the	DET
ajeer-2399	68	4	selected	select	VERB
ajeer-2399	68	5	variables	variable	NOUN
ajeer-2399	68	6	vary	vary	VERB
ajeer-2399	68	7	from	from	ADP
ajeer-2399	68	8	study	study	NOUN
ajeer-2399	68	9	to	to	PART
ajeer-2399	68	10	study	study	VERB
ajeer-2399	68	11	,	,	PUNCT
ajeer-2399	68	12	for	for	ADP
ajeer-2399	68	13	example	example	NOUN
ajeer-2399	68	14	,	,	PUNCT
ajeer-2399	68	15	in	in	ADP
ajeer-2399	68	16	those	those	PRON
ajeer-2399	68	17	by	by	ADP
ajeer-2399	68	18	nilsson	nilsson	PROPN
ajeer-2399	68	19	and	and	CCONJ
ajeer-2399	68	20	brunet	brunet	NOUN
ajeer-2399	68	21	(	(	PUNCT
ajeer-2399	68	22	2006	2006	NUM
ajeer-2399	68	23	)	)	PUNCT
ajeer-2399	68	24	;	;	PUNCT
ajeer-2399	68	25	albu	albu	PROPN
ajeer-2399	68	26	and	and	CCONJ
ajeer-2399	68	27	dinu	dinu	PROPN
ajeer-2399	68	28	(	(	PUNCT
ajeer-2399	68	29	2009	2009	NUM
ajeer-2399	68	30	)	)	PUNCT
ajeer-2399	68	31	;	;	PUNCT
ajeer-2399	68	32	guo	guo	PROPN
ajeer-2399	68	33	et	et	PROPN
ajeer-2399	68	34	al	al	PROPN
ajeer-2399	68	35	.	.	PROPN
ajeer-2399	68	36	(	(	PUNCT
ajeer-2399	68	37	2009	2009	NUM
ajeer-2399	68	38	)	)	PUNCT
ajeer-2399	68	39	and	and	CCONJ
ajeer-2399	68	40	bakarić	bakarić	VERB
ajeer-2399	68	41	et	et	PROPN
ajeer-2399	68	42	al	al	PROPN
ajeer-2399	68	43	.	.	PUNCT
ajeer-2399	69	1	(	(	PUNCT
ajeer-2399	69	2	2016	2016	NUM
ajeer-2399	69	3	)	)	PUNCT
ajeer-2399	69	4	,	,	PUNCT
ajeer-2399	69	5	especially	especially	ADV
ajeer-2399	69	6	in	in	ADP
ajeer-2399	69	7	developing	develop	VERB
ajeer-2399	69	8	countries	country	NOUN
ajeer-2399	69	9	where	where	SCONJ
ajeer-2399	69	10	data	datum	NOUN
ajeer-2399	69	11	availability	availability	NOUN
ajeer-2399	69	12	is	be	AUX
ajeer-2399	69	13	limited	limited	ADJ
ajeer-2399	69	14	.	.	PUNCT
ajeer-2399	70	1	some	some	DET
ajeer-2399	70	2	studies	study	NOUN
ajeer-2399	70	3	used	use	VERB
ajeer-2399	70	4	a	a	DET
ajeer-2399	70	5	large	large	ADJ
ajeer-2399	70	6	number	number	NOUN
ajeer-2399	70	7	of	of	ADP
ajeer-2399	70	8	variables	variable	NOUN
ajeer-2399	70	9	,	,	PUNCT
ajeer-2399	70	10	such	such	ADJ
ajeer-2399	70	11	as	as	ADP
ajeer-2399	70	12	those	those	PRON
ajeer-2399	70	13	by	by	ADP
ajeer-2399	70	14	altissimo	altissimo	PROPN
ajeer-2399	70	15	,	,	PUNCT
ajeer-2399	70	16	cristadoro	cristadoro	PROPN
ajeer-2399	70	17	,	,	PUNCT
ajeer-2399	70	18	forni	forni	PROPN
ajeer-2399	70	19	,	,	PUNCT
ajeer-2399	70	20	lippi	lippi	PROPN
ajeer-2399	70	21	,	,	PUNCT
ajeer-2399	70	22	and	and	CCONJ
ajeer-2399	70	23	veronese	veronese	ADJ
ajeer-2399	70	24	(	(	PUNCT
ajeer-2399	70	25	2010	2010	NUM
ajeer-2399	70	26	)	)	PUNCT
ajeer-2399	70	27	and	and	CCONJ
ajeer-2399	70	28	gupta	gupta	PROPN
ajeer-2399	70	29	and	and	CCONJ
ajeer-2399	70	30	kabundi	kabundi	NOUN
ajeer-2399	70	31	(	(	PUNCT
ajeer-2399	70	32	2011	2011	NUM
ajeer-2399	70	33	)	)	PUNCT
ajeer-2399	70	34	.	.	PUNCT
ajeer-2399	71	1	the	the	DET
ajeer-2399	71	2	methodologies	methodology	NOUN
ajeer-2399	71	3	used	use	VERB
ajeer-2399	71	4	to	to	PART
ajeer-2399	71	5	establish	establish	VERB
ajeer-2399	71	6	coincident	coincident	ADJ
ajeer-2399	71	7	indexes	index	NOUN
ajeer-2399	71	8	also	also	ADV
ajeer-2399	71	9	vary	vary	VERB
ajeer-2399	71	10	across	across	ADP
ajeer-2399	71	11	studies	study	NOUN
ajeer-2399	71	12	.	.	PUNCT
ajeer-2399	72	1	these	these	PRON
ajeer-2399	72	2	include	include	VERB
ajeer-2399	72	3	ad	ad	NOUN
ajeer-2399	72	4	hoc	hoc	X
ajeer-2399	72	5	procedures	procedure	NOUN
ajeer-2399	72	6	and	and	CCONJ
ajeer-2399	72	7	weighted	weight	VERB
ajeer-2399	72	8	average	average	NOUN
ajeer-2399	72	9	of	of	ADP
ajeer-2399	72	10	aggregate	aggregate	ADJ
ajeer-2399	72	11	time	time	NOUN
ajeer-2399	72	12	series	series	PROPN
ajeer-2399	72	13	data	datum	NOUN
ajeer-2399	72	14	to	to	ADP
ajeer-2399	72	15	more	more	ADV
ajeer-2399	72	16	complicated	complicated	ADJ
ajeer-2399	72	17	methods	method	NOUN
ajeer-2399	72	18	.	.	PUNCT
ajeer-2399	73	1	one	one	NUM
ajeer-2399	73	2	issue	issue	NOUN
ajeer-2399	73	3	in	in	ADP
ajeer-2399	73	4	the	the	DET
ajeer-2399	73	5	ad	ad	X
ajeer-2399	73	6	hoc	hoc	X
ajeer-2399	73	7	approach	approach	NOUN
ajeer-2399	73	8	is	be	AUX
ajeer-2399	73	9	weighting	weight	VERB
ajeer-2399	73	10	;	;	PUNCT
ajeer-2399	73	11	more	more	ADV
ajeer-2399	73	12	important	important	ADJ
ajeer-2399	73	13	variables	variable	NOUN
ajeer-2399	73	14	should	should	AUX
ajeer-2399	73	15	be	be	AUX
ajeer-2399	73	16	given	give	VERB
ajeer-2399	73	17	higher	high	ADJ
ajeer-2399	73	18	weights	weight	NOUN
ajeer-2399	73	19	(	(	PUNCT
ajeer-2399	73	20	freudenberg	freudenberg	PROPN
ajeer-2399	73	21	,	,	PUNCT
ajeer-2399	73	22	2003	2003	NUM
ajeer-2399	73	23	)	)	PUNCT
ajeer-2399	73	24	.	.	PUNCT
ajeer-2399	74	1	various	various	ADJ
ajeer-2399	74	2	approaches	approach	NOUN
ajeer-2399	74	3	can	can	AUX
ajeer-2399	74	4	be	be	AUX
ajeer-2399	74	5	used	use	VERB
ajeer-2399	74	6	for	for	ADP
ajeer-2399	74	7	weighting	weighting	NOUN
ajeer-2399	74	8	,	,	PUNCT
ajeer-2399	74	9	for	for	ADP
ajeer-2399	74	10	example	example	NOUN
ajeer-2399	74	11	,	,	PUNCT
ajeer-2399	74	12	the	the	DET
ajeer-2399	74	13	regression	regression	NOUN
ajeer-2399	74	14	analysis	analysis	NOUN
ajeer-2399	74	15	,	,	PUNCT
ajeer-2399	74	16	correlation	correlation	NOUN
ajeer-2399	74	17	coefficient	coefficient	NOUN
ajeer-2399	74	18	,	,	PUNCT
ajeer-2399	74	19	and	and	CCONJ
ajeer-2399	74	20	dimensional	dimensional	ADJ
ajeer-2399	74	21	1according	1according	NUM
ajeer-2399	74	22	to	to	ADP
ajeer-2399	74	23	the	the	DET
ajeer-2399	74	24	world	world	PROPN
ajeer-2399	74	25	bank	bank	PROPN
ajeer-2399	74	26	,	,	PUNCT
ajeer-2399	74	27	the	the	DET
ajeer-2399	74	28	gdp	gdp	NOUN
ajeer-2399	74	29	growth	growth	NOUN
ajeer-2399	74	30	rate	rate	NOUN
ajeer-2399	74	31	was	be	AUX
ajeer-2399	74	32	around	around	ADV
ajeer-2399	74	33	7.68	7.68	NUM
ajeer-2399	74	34	%	%	NOUN
ajeer-2399	74	35	on	on	ADP
ajeer-2399	74	36	average	average	NOUN
ajeer-2399	74	37	between	between	ADP
ajeer-2399	74	38	1995	1995	NUM
ajeer-2399	74	39	-	-	SYM
ajeer-2399	74	40	2019	2019	NUM
ajeer-2399	74	41	.	.	PUNCT
ajeer-2399	75	1	asian	asian	ADJ
ajeer-2399	75	2	journal	journal	PROPN
ajeer-2399	75	3	of	of	ADP
ajeer-2399	75	4	economics	economic	NOUN
ajeer-2399	75	5	and	and	CCONJ
ajeer-2399	75	6	empirical	empirical	ADJ
ajeer-2399	75	7	research	research	NOUN
ajeer-2399	75	8	,	,	PUNCT
ajeer-2399	75	9	2020	2020	NUM
ajeer-2399	75	10	,	,	PUNCT
ajeer-2399	75	11	7(2	7(2	NUM
ajeer-2399	75	12	):	):	PUNCT
ajeer-2399	75	13	268	268	NUM
ajeer-2399	75	14	-	-	SYM
ajeer-2399	75	15	281	281	NUM
ajeer-2399	75	16	270	270	NUM
ajeer-2399	75	17	©	©	PROPN
ajeer-2399	75	18	2020	2020	NUM
ajeer-2399	75	19	by	by	ADP
ajeer-2399	75	20	the	the	DET
ajeer-2399	75	21	authors	author	NOUN
ajeer-2399	75	22	;	;	PUNCT
ajeer-2399	75	23	licensee	licensee	PROPN
ajeer-2399	75	24	asian	asian	ADJ
ajeer-2399	75	25	online	online	PROPN
ajeer-2399	75	26	journal	journal	PROPN
ajeer-2399	75	27	publishing	publishing	NOUN
ajeer-2399	75	28	group	group	NOUN
ajeer-2399	75	29	reduction	reduction	NOUN
ajeer-2399	75	30	approaches	approach	NOUN
ajeer-2399	75	31	,	,	PUNCT
ajeer-2399	75	32	such	such	ADJ
ajeer-2399	75	33	as	as	ADP
ajeer-2399	75	34	principal	principal	ADJ
ajeer-2399	75	35	component	component	NOUN
ajeer-2399	75	36	and	and	CCONJ
ajeer-2399	75	37	factor	factor	NOUN
ajeer-2399	75	38	analysis	analysis	NOUN
ajeer-2399	75	39	.	.	PUNCT
ajeer-2399	76	1	on	on	ADP
ajeer-2399	76	2	the	the	DET
ajeer-2399	76	3	other	other	ADJ
ajeer-2399	76	4	hand	hand	NOUN
ajeer-2399	76	5	,	,	PUNCT
ajeer-2399	76	6	the	the	DET
ajeer-2399	76	7	standard	standard	ADJ
ajeer-2399	76	8	methods	method	NOUN
ajeer-2399	76	9	for	for	ADP
ajeer-2399	76	10	producing	produce	VERB
ajeer-2399	76	11	coincident	coincident	ADJ
ajeer-2399	76	12	indicator	indicator	NOUN
ajeer-2399	76	13	receive	receive	VERB
ajeer-2399	76	14	a	a	DET
ajeer-2399	76	15	lot	lot	NOUN
ajeer-2399	76	16	of	of	ADP
ajeer-2399	76	17	attention	attention	NOUN
ajeer-2399	76	18	.	.	PUNCT
ajeer-2399	77	1	for	for	ADP
ajeer-2399	77	2	example	example	NOUN
ajeer-2399	77	3	,	,	PUNCT
ajeer-2399	77	4	stock	stock	NOUN
ajeer-2399	77	5	and	and	CCONJ
ajeer-2399	77	6	watson	watson	PROPN
ajeer-2399	77	7	(	(	PUNCT
ajeer-2399	77	8	1989	1989	NUM
ajeer-2399	77	9	)	)	PUNCT
ajeer-2399	77	10	followed	follow	VERB
ajeer-2399	77	11	the	the	DET
ajeer-2399	77	12	dynamic	dynamic	ADJ
ajeer-2399	77	13	factor	factor	NOUN
ajeer-2399	77	14	model	model	NOUN
ajeer-2399	77	15	to	to	PART
ajeer-2399	77	16	integrate	integrate	VERB
ajeer-2399	77	17	aggregated	aggregate	VERB
ajeer-2399	77	18	time	time	NOUN
ajeer-2399	77	19	series	series	PROPN
ajeer-2399	77	20	data	data	PROPN
ajeer-2399	77	21	and	and	CCONJ
ajeer-2399	77	22	used	use	VERB
ajeer-2399	77	23	the	the	DET
ajeer-2399	77	24	kalman	kalman	NOUN
ajeer-2399	77	25	filter	filter	NOUN
ajeer-2399	77	26	algorithm	algorithm	NOUN
ajeer-2399	77	27	to	to	PART
ajeer-2399	77	28	estimate	estimate	VERB
ajeer-2399	77	29	the	the	DET
ajeer-2399	77	30	unobserved	unobserved	ADJ
ajeer-2399	77	31	state	state	NOUN
ajeer-2399	77	32	,	,	PUNCT
ajeer-2399	77	33	while	while	SCONJ
ajeer-2399	77	34	the	the	DET
ajeer-2399	77	35	parameters	parameter	NOUN
ajeer-2399	77	36	were	be	AUX
ajeer-2399	77	37	estimated	estimate	VERB
ajeer-2399	77	38	by	by	ADP
ajeer-2399	77	39	the	the	DET
ajeer-2399	77	40	maximum	maximum	ADJ
ajeer-2399	77	41	likelihood	likelihood	NOUN
ajeer-2399	77	42	.	.	PUNCT
ajeer-2399	78	1	rua	rua	PROPN
ajeer-2399	78	2	and	and	CCONJ
ajeer-2399	78	3	nunes	nunes	PROPN
ajeer-2399	78	4	(	(	PUNCT
ajeer-2399	78	5	2005	2005	NUM
ajeer-2399	78	6	)	)	PUNCT
ajeer-2399	78	7	implemented	implement	VERB
ajeer-2399	78	8	the	the	DET
ajeer-2399	78	9	band	band	NOUN
ajeer-2399	78	10	-	-	PUNCT
ajeer-2399	78	11	pass	pass	VERB
ajeer-2399	78	12	filter	filter	NOUN
ajeer-2399	78	13	and	and	CCONJ
ajeer-2399	78	14	principal	principal	ADJ
ajeer-2399	78	15	component	component	NOUN
ajeer-2399	78	16	to	to	PART
ajeer-2399	78	17	combine	combine	VERB
ajeer-2399	78	18	multivariate	multivariate	NOUN
ajeer-2399	78	19	variables	variable	NOUN
ajeer-2399	78	20	into	into	ADP
ajeer-2399	78	21	a	a	DET
ajeer-2399	78	22	single	single	ADJ
ajeer-2399	78	23	index	index	NOUN
ajeer-2399	78	24	.	.	PUNCT
ajeer-2399	79	1	the	the	DET
ajeer-2399	79	2	principal	principal	ADJ
ajeer-2399	79	3	component	component	NOUN
ajeer-2399	79	4	works	work	VERB
ajeer-2399	79	5	on	on	ADP
ajeer-2399	79	6	the	the	DET
ajeer-2399	79	7	linear	linear	ADJ
ajeer-2399	79	8	combination	combination	NOUN
ajeer-2399	79	9	of	of	ADP
ajeer-2399	79	10	multiple	multiple	ADJ
ajeer-2399	79	11	variables	variable	NOUN
ajeer-2399	79	12	into	into	ADP
ajeer-2399	79	13	a	a	DET
ajeer-2399	79	14	new	new	ADJ
ajeer-2399	79	15	set	set	NOUN
ajeer-2399	79	16	of	of	ADP
ajeer-2399	79	17	variables	variable	NOUN
ajeer-2399	79	18	that	that	PRON
ajeer-2399	79	19	are	be	AUX
ajeer-2399	79	20	linear	linear	ADJ
ajeer-2399	79	21	independent	independent	ADJ
ajeer-2399	79	22	.	.	PUNCT
ajeer-2399	80	1	the	the	DET
ajeer-2399	80	2	first	first	ADJ
ajeer-2399	80	3	principal	principal	ADJ
ajeer-2399	80	4	component	component	NOUN
ajeer-2399	80	5	captures	capture	VERB
ajeer-2399	80	6	the	the	DET
ajeer-2399	80	7	largest	large	ADJ
ajeer-2399	80	8	variation	variation	NOUN
ajeer-2399	80	9	of	of	ADP
ajeer-2399	80	10	the	the	DET
ajeer-2399	80	11	original	original	ADJ
ajeer-2399	80	12	data	datum	NOUN
ajeer-2399	80	13	with	with	ADP
ajeer-2399	80	14	the	the	DET
ajeer-2399	80	15	largest	large	ADJ
ajeer-2399	80	16	eigenvalue	eigenvalue	NOUN
ajeer-2399	80	17	,	,	PUNCT
ajeer-2399	80	18	followed	follow	VERB
ajeer-2399	80	19	by	by	ADP
ajeer-2399	80	20	the	the	DET
ajeer-2399	80	21	second	second	ADJ
ajeer-2399	80	22	and	and	CCONJ
ajeer-2399	80	23	third	third	ADJ
ajeer-2399	80	24	components	component	NOUN
ajeer-2399	80	25	,	,	PUNCT
ajeer-2399	80	26	and	and	CCONJ
ajeer-2399	80	27	so	so	ADV
ajeer-2399	80	28	on	on	ADV
ajeer-2399	80	29	.	.	PUNCT
ajeer-2399	81	1	levanon	levanon	PROPN
ajeer-2399	81	2	(	(	PUNCT
ajeer-2399	81	3	2010	2010	NUM
ajeer-2399	81	4	)	)	PUNCT
ajeer-2399	81	5	studied	study	VERB
ajeer-2399	81	6	the	the	DET
ajeer-2399	81	7	business	business	NOUN
ajeer-2399	81	8	cycle	cycle	NOUN
ajeer-2399	81	9	by	by	ADP
ajeer-2399	81	10	using	use	VERB
ajeer-2399	81	11	markov	markov	NOUN
ajeer-2399	81	12	switching	switch	VERB
ajeer-2399	81	13	to	to	PART
ajeer-2399	81	14	estimate	estimate	VERB
ajeer-2399	81	15	recession	recession	NOUN
ajeer-2399	81	16	probability	probability	NOUN
ajeer-2399	81	17	.	.	PUNCT
ajeer-2399	82	1	bujosa	bujosa	PROPN
ajeer-2399	82	2	,	,	PUNCT
ajeer-2399	82	3	garcıa	garcıa	PROPN
ajeer-2399	82	4	-	-	PUNCT
ajeer-2399	82	5	ferrer	ferrer	PROPN
ajeer-2399	82	6	,	,	PUNCT
ajeer-2399	82	7	juan	juan	PROPN
ajeer-2399	82	8	,	,	PUNCT
ajeer-2399	82	9	and	and	CCONJ
ajeer-2399	82	10	martinarroyo	martinarroyo	NOUN
ajeer-2399	82	11	(	(	PUNCT
ajeer-2399	82	12	2018	2018	NUM
ajeer-2399	82	13	)	)	PUNCT
ajeer-2399	82	14	used	use	VERB
ajeer-2399	82	15	linear	linear	PROPN
ajeer-2399	82	16	dynamic	dynamic	ADJ
ajeer-2399	82	17	harmonic	harmonic	ADJ
ajeer-2399	82	18	regression	regression	NOUN
ajeer-2399	82	19	(	(	PUNCT
ajeer-2399	82	20	ldhr	ldhr	NOUN
ajeer-2399	82	21	)	)	PUNCT
ajeer-2399	82	22	based	base	VERB
ajeer-2399	82	23	on	on	ADP
ajeer-2399	82	24	a	a	DET
ajeer-2399	82	25	spectral	spectral	ADJ
ajeer-2399	82	26	approach	approach	NOUN
ajeer-2399	82	27	.	.	PUNCT
ajeer-2399	83	1	the	the	DET
ajeer-2399	83	2	dynamic	dynamic	ADJ
ajeer-2399	83	3	factor	factor	NOUN
ajeer-2399	83	4	model	model	NOUN
ajeer-2399	83	5	receives	receive	VERB
ajeer-2399	83	6	a	a	DET
ajeer-2399	83	7	lot	lot	NOUN
ajeer-2399	83	8	of	of	ADP
ajeer-2399	83	9	attention	attention	NOUN
ajeer-2399	83	10	in	in	ADP
ajeer-2399	83	11	modern	modern	ADJ
ajeer-2399	83	12	econometrics	econometric	NOUN
ajeer-2399	83	13	,	,	PUNCT
ajeer-2399	83	14	especially	especially	ADV
ajeer-2399	83	15	in	in	ADP
ajeer-2399	83	16	estimating	estimate	VERB
ajeer-2399	83	17	the	the	DET
ajeer-2399	83	18	unobserved	unobserved	ADJ
ajeer-2399	83	19	variables	variable	NOUN
ajeer-2399	83	20	.	.	PUNCT
ajeer-2399	84	1	the	the	DET
ajeer-2399	84	2	process	process	NOUN
ajeer-2399	84	3	involves	involve	VERB
ajeer-2399	84	4	using	use	VERB
ajeer-2399	84	5	the	the	DET
ajeer-2399	84	6	kalman	kalman	NOUN
ajeer-2399	84	7	algorithm	algorithm	PROPN
ajeer-2399	84	8	to	to	PART
ajeer-2399	84	9	estimate	estimate	VERB
ajeer-2399	84	10	the	the	DET
ajeer-2399	84	11	unobserved	unobserved	ADJ
ajeer-2399	84	12	factors	factor	NOUN
ajeer-2399	84	13	.	.	PUNCT
ajeer-2399	85	1	the	the	DET
ajeer-2399	85	2	kalman	kalman	PROPN
ajeer-2399	85	3	algorithm	algorithm	PROPN
ajeer-2399	85	4	was	be	AUX
ajeer-2399	85	5	first	first	ADV
ajeer-2399	85	6	designed	design	VERB
ajeer-2399	85	7	for	for	ADP
ajeer-2399	85	8	tracking	track	VERB
ajeer-2399	85	9	objects	object	NOUN
ajeer-2399	85	10	indirectly	indirectly	ADV
ajeer-2399	85	11	in	in	ADP
ajeer-2399	85	12	spacecraft	spacecraft	NOUN
ajeer-2399	85	13	to	to	PART
ajeer-2399	85	14	improve	improve	VERB
ajeer-2399	85	15	the	the	DET
ajeer-2399	85	16	accuracy	accuracy	NOUN
ajeer-2399	85	17	of	of	ADP
ajeer-2399	85	18	position	position	NOUN
ajeer-2399	85	19	for	for	ADP
ajeer-2399	85	20	navigation	navigation	NOUN
ajeer-2399	85	21	purposes	purpose	NOUN
ajeer-2399	85	22	.	.	PUNCT
ajeer-2399	86	1	later	later	ADV
ajeer-2399	86	2	,	,	PUNCT
ajeer-2399	86	3	it	it	PRON
ajeer-2399	86	4	became	become	VERB
ajeer-2399	86	5	popular	popular	ADJ
ajeer-2399	86	6	in	in	ADP
ajeer-2399	86	7	the	the	DET
ajeer-2399	86	8	study	study	NOUN
ajeer-2399	86	9	of	of	ADP
ajeer-2399	86	10	economic	economic	ADJ
ajeer-2399	86	11	time	time	NOUN
ajeer-2399	86	12	series	series	NOUN
ajeer-2399	86	13	as	as	ADP
ajeer-2399	86	14	an	an	DET
ajeer-2399	86	15	application	application	NOUN
ajeer-2399	86	16	to	to	PART
ajeer-2399	86	17	estimate	estimate	VERB
ajeer-2399	86	18	the	the	DET
ajeer-2399	86	19	unobserved	unobserved	ADJ
ajeer-2399	86	20	variables	variable	NOUN
ajeer-2399	86	21	,	,	PUNCT
ajeer-2399	86	22	for	for	ADP
ajeer-2399	86	23	example	example	NOUN
ajeer-2399	86	24	,	,	PUNCT
ajeer-2399	86	25	the	the	DET
ajeer-2399	86	26	state	state	NOUN
ajeer-2399	86	27	of	of	ADP
ajeer-2399	86	28	the	the	DET
ajeer-2399	86	29	economy	economy	NOUN
ajeer-2399	86	30	,	,	PUNCT
ajeer-2399	86	31	asset	asset	NOUN
ajeer-2399	86	32	pricing	pricing	NOUN
ajeer-2399	86	33	,	,	PUNCT
ajeer-2399	86	34	and	and	CCONJ
ajeer-2399	86	35	permanent	permanent	ADJ
ajeer-2399	86	36	income	income	NOUN
ajeer-2399	86	37	.	.	PUNCT
ajeer-2399	87	1	by	by	ADP
ajeer-2399	87	2	expressing	express	VERB
ajeer-2399	87	3	the	the	DET
ajeer-2399	87	4	observable	observable	ADJ
ajeer-2399	87	5	variables	variable	NOUN
ajeer-2399	87	6	as	as	ADP
ajeer-2399	87	7	a	a	DET
ajeer-2399	87	8	linear	linear	ADJ
ajeer-2399	87	9	function	function	NOUN
ajeer-2399	87	10	of	of	ADP
ajeer-2399	87	11	the	the	DET
ajeer-2399	87	12	unobserved	unobserved	ADJ
ajeer-2399	87	13	variables	variable	NOUN
ajeer-2399	87	14	and	and	CCONJ
ajeer-2399	87	15	unobservable	unobservable	ADJ
ajeer-2399	87	16	errors	error	NOUN
ajeer-2399	87	17	,	,	PUNCT
ajeer-2399	87	18	and	and	CCONJ
ajeer-2399	87	19	the	the	DET
ajeer-2399	87	20	movement	movement	NOUN
ajeer-2399	87	21	of	of	ADP
ajeer-2399	87	22	the	the	DET
ajeer-2399	87	23	unobserved	unobserved	ADJ
ajeer-2399	87	24	variables	variable	NOUN
ajeer-2399	87	25	across	across	ADP
ajeer-2399	87	26	time	time	NOUN
ajeer-2399	87	27	,	,	PUNCT
ajeer-2399	87	28	mainly	mainly	ADV
ajeer-2399	87	29	in	in	ADP
ajeer-2399	87	30	autoregressive	autoregressive	ADJ
ajeer-2399	87	31	structures	structure	NOUN
ajeer-2399	87	32	,	,	PUNCT
ajeer-2399	87	33	the	the	DET
ajeer-2399	87	34	kalman	kalman	PROPN
ajeer-2399	87	35	filter	filter	NOUN
ajeer-2399	87	36	algorithm	algorithm	PROPN
ajeer-2399	87	37	could	could	AUX
ajeer-2399	87	38	estimate	estimate	VERB
ajeer-2399	87	39	the	the	DET
ajeer-2399	87	40	unobserved	unobserved	ADJ
ajeer-2399	87	41	variables	variable	NOUN
ajeer-2399	87	42	with	with	ADP
ajeer-2399	87	43	minimum	minimum	ADJ
ajeer-2399	87	44	mean	mean	NOUN
ajeer-2399	87	45	squared	square	VERB
ajeer-2399	87	46	errors	error	NOUN
ajeer-2399	87	47	(	(	PUNCT
ajeer-2399	87	48	mses	ms	NOUN
ajeer-2399	87	49	)	)	PUNCT
ajeer-2399	87	50	,	,	PUNCT
ajeer-2399	87	51	while	while	SCONJ
ajeer-2399	87	52	the	the	DET
ajeer-2399	87	53	unknown	unknown	ADJ
ajeer-2399	87	54	parameters	parameter	NOUN
ajeer-2399	87	55	were	be	AUX
ajeer-2399	87	56	estimated	estimate	VERB
ajeer-2399	87	57	by	by	ADP
ajeer-2399	87	58	the	the	DET
ajeer-2399	87	59	maximum	maximum	ADJ
ajeer-2399	87	60	likelihood	likelihood	NOUN
ajeer-2399	87	61	estimation	estimation	NOUN
ajeer-2399	87	62	(	(	PUNCT
ajeer-2399	87	63	durbin	durbin	PROPN
ajeer-2399	87	64	&	&	CCONJ
ajeer-2399	87	65	koopman	koopman	PROPN
ajeer-2399	87	66	,	,	PUNCT
ajeer-2399	87	67	2012	2012	NUM
ajeer-2399	87	68	;	;	PUNCT
ajeer-2399	87	69	shumway	shumway	PROPN
ajeer-2399	87	70	&	&	CCONJ
ajeer-2399	87	71	stoffer	stoffer	PROPN
ajeer-2399	87	72	,	,	PUNCT
ajeer-2399	87	73	2017b	2017b	NUM
ajeer-2399	87	74	;	;	PUNCT
ajeer-2399	87	75	stock	stock	NOUN
ajeer-2399	87	76	&	&	CCONJ
ajeer-2399	87	77	watson	watson	PROPN
ajeer-2399	87	78	,	,	PUNCT
ajeer-2399	87	79	1989	1989	NUM
ajeer-2399	87	80	)	)	PUNCT
ajeer-2399	87	81	.	.	PUNCT
ajeer-2399	88	1	for	for	ADP
ajeer-2399	88	2	asymptotic	asymptotic	ADJ
ajeer-2399	88	3	properties	property	NOUN
ajeer-2399	88	4	,	,	PUNCT
ajeer-2399	88	5	the	the	DET
ajeer-2399	88	6	estimated	estimate	VERB
ajeer-2399	88	7	factors	factor	NOUN
ajeer-2399	88	8	calculated	calculate	VERB
ajeer-2399	88	9	by	by	ADP
ajeer-2399	88	10	the	the	DET
ajeer-2399	88	11	dynamic	dynamic	ADJ
ajeer-2399	88	12	factor	factor	NOUN
ajeer-2399	88	13	model	model	NOUN
ajeer-2399	88	14	and	and	CCONJ
ajeer-2399	88	15	principal	principal	ADJ
ajeer-2399	88	16	components	component	NOUN
ajeer-2399	88	17	are	be	AUX
ajeer-2399	88	18	consistent	consistent	ADJ
ajeer-2399	88	19	with	with	ADP
ajeer-2399	88	20	an	an	DET
ajeer-2399	88	21	increase	increase	NOUN
ajeer-2399	88	22	in	in	ADP
ajeer-2399	88	23	cross	cross	ADJ
ajeer-2399	88	24	-	-	ADJ
ajeer-2399	88	25	sectional	sectional	ADJ
ajeer-2399	88	26	(	(	PUNCT
ajeer-2399	88	27	i	i	NOUN
ajeer-2399	88	28	)	)	PUNCT
ajeer-2399	88	29	and	and	CCONJ
ajeer-2399	88	30	time	time	NOUN
ajeer-2399	88	31	dimensions	dimension	NOUN
ajeer-2399	88	32	(	(	PUNCT
ajeer-2399	88	33	t).2	t).2	PROPN
ajeer-2399	88	34	forni	forni	PROPN
ajeer-2399	88	35	,	,	PUNCT
ajeer-2399	88	36	hallin	hallin	PROPN
ajeer-2399	88	37	,	,	PUNCT
ajeer-2399	88	38	lippi	lippi	PROPN
ajeer-2399	88	39	,	,	PUNCT
ajeer-2399	88	40	and	and	CCONJ
ajeer-2399	88	41	reichlin	reichlin	PROPN
ajeer-2399	88	42	(	(	PUNCT
ajeer-2399	88	43	2000	2000	NUM
ajeer-2399	88	44	)	)	PUNCT
ajeer-2399	88	45	showed	show	VERB
ajeer-2399	88	46	the	the	DET
ajeer-2399	88	47	asymptotic	asymptotic	ADJ
ajeer-2399	88	48	consistency	consistency	NOUN
ajeer-2399	88	49	of	of	ADP
ajeer-2399	88	50	the	the	DET
ajeer-2399	88	51	estimated	estimate	VERB
ajeer-2399	88	52	common	common	ADJ
ajeer-2399	88	53	factors	factor	NOUN
ajeer-2399	88	54	for	for	ADP
ajeer-2399	88	55	the	the	DET
ajeer-2399	88	56	dynamic	dynamic	ADJ
ajeer-2399	88	57	factors	factor	NOUN
ajeer-2399	88	58	model	model	NOUN
ajeer-2399	88	59	.	.	PUNCT
ajeer-2399	89	1	stock	stock	NOUN
ajeer-2399	89	2	and	and	CCONJ
ajeer-2399	89	3	watson	watson	PROPN
ajeer-2399	89	4	(	(	PUNCT
ajeer-2399	89	5	2002	2002	NUM
ajeer-2399	89	6	)	)	PUNCT
ajeer-2399	89	7	and	and	CCONJ
ajeer-2399	89	8	bai	bai	PROPN
ajeer-2399	89	9	(	(	PUNCT
ajeer-2399	89	10	2003	2003	NUM
ajeer-2399	89	11	)	)	PUNCT
ajeer-2399	89	12	derived	derive	VERB
ajeer-2399	89	13	the	the	DET
ajeer-2399	89	14	asymptotic	asymptotic	ADJ
ajeer-2399	89	15	consistency	consistency	NOUN
ajeer-2399	89	16	and	and	CCONJ
ajeer-2399	89	17	normality	normality	NOUN
ajeer-2399	89	18	of	of	ADP
ajeer-2399	89	19	estimated	estimate	VERB
ajeer-2399	89	20	common	common	ADJ
ajeer-2399	89	21	factors	factor	NOUN
ajeer-2399	89	22	and	and	CCONJ
ajeer-2399	89	23	factor	factor	NOUN
ajeer-2399	89	24	loadings	loading	NOUN
ajeer-2399	89	25	using	use	VERB
ajeer-2399	89	26	the	the	DET
ajeer-2399	89	27	principal	principal	ADJ
ajeer-2399	89	28	components	component	NOUN
ajeer-2399	89	29	with	with	ADP
ajeer-2399	89	30	serial	serial	ADJ
ajeer-2399	89	31	and	and	CCONJ
ajeer-2399	89	32	cross	cross	ADJ
ajeer-2399	89	33	-	-	ADJ
ajeer-2399	89	34	sectional	sectional	ADJ
ajeer-2399	89	35	correlations	correlation	NOUN
ajeer-2399	89	36	in	in	ADP
ajeer-2399	89	37	the	the	DET
ajeer-2399	89	38	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	89	39	noises.3	noises.3	NOUN
ajeer-2399	89	40	with	with	ADP
ajeer-2399	89	41	an	an	DET
ajeer-2399	89	42	increase	increase	NOUN
ajeer-2399	89	43	in	in	ADP
ajeer-2399	89	44	cross	cross	ADJ
ajeer-2399	89	45	-	-	ADJ
ajeer-2399	89	46	sectional	sectional	ADJ
ajeer-2399	89	47	dimensions	dimension	NOUN
ajeer-2399	89	48	,	,	PUNCT
ajeer-2399	89	49	doz	doz	PROPN
ajeer-2399	89	50	et	et	PROPN
ajeer-2399	89	51	al	al	PROPN
ajeer-2399	89	52	.	.	PROPN
ajeer-2399	90	1	(	(	PUNCT
ajeer-2399	90	2	2011	2011	NUM
ajeer-2399	90	3	)	)	PUNCT
ajeer-2399	90	4	showed	show	VERB
ajeer-2399	90	5	the	the	DET
ajeer-2399	90	6	consistency	consistency	NOUN
ajeer-2399	90	7	of	of	ADP
ajeer-2399	90	8	the	the	DET
ajeer-2399	90	9	estimation	estimation	NOUN
ajeer-2399	90	10	of	of	ADP
ajeer-2399	90	11	unobserved	unobserved	ADJ
ajeer-2399	90	12	common	common	ADJ
ajeer-2399	90	13	factors	factor	NOUN
ajeer-2399	90	14	and	and	CCONJ
ajeer-2399	90	15	factor	factor	NOUN
ajeer-2399	90	16	loadings	loading	NOUN
ajeer-2399	90	17	by	by	ADP
ajeer-2399	90	18	a	a	DET
ajeer-2399	90	19	two	two	NUM
ajeer-2399	90	20	-	-	PUNCT
ajeer-2399	90	21	step	step	NOUN
ajeer-2399	90	22	procedure	procedure	NOUN
ajeer-2399	90	23	of	of	ADP
ajeer-2399	90	24	combining	combine	VERB
ajeer-2399	90	25	principal	principal	ADJ
ajeer-2399	90	26	components	component	NOUN
ajeer-2399	90	27	with	with	ADP
ajeer-2399	90	28	the	the	DET
ajeer-2399	90	29	kalman	kalman	NOUN
ajeer-2399	90	30	smoother	smoother	PROPN
ajeer-2399	90	31	.	.	PUNCT
ajeer-2399	91	1	as	as	ADP
ajeer-2399	91	2	an	an	DET
ajeer-2399	91	3	increase	increase	NOUN
ajeer-2399	91	4	in	in	ADP
ajeer-2399	91	5	cross	cross	ADJ
ajeer-2399	91	6	-	-	ADJ
ajeer-2399	91	7	sectional	sectional	ADJ
ajeer-2399	91	8	dimension	dimension	NOUN
ajeer-2399	91	9	leads	lead	VERB
ajeer-2399	91	10	to	to	ADP
ajeer-2399	91	11	the	the	DET
ajeer-2399	91	12	consistent	consistent	ADJ
ajeer-2399	91	13	estimation	estimation	NOUN
ajeer-2399	91	14	of	of	ADP
ajeer-2399	91	15	the	the	DET
ajeer-2399	91	16	common	common	ADJ
ajeer-2399	91	17	factors	factor	NOUN
ajeer-2399	91	18	it	it	PRON
ajeer-2399	91	19	is	be	AUX
ajeer-2399	91	20	common	common	ADJ
ajeer-2399	91	21	to	to	PART
ajeer-2399	91	22	include	include	VERB
ajeer-2399	91	23	as	as	ADV
ajeer-2399	91	24	many	many	ADJ
ajeer-2399	91	25	variables	variable	NOUN
ajeer-2399	91	26	as	as	ADP
ajeer-2399	91	27	possible	possible	ADJ
ajeer-2399	91	28	.	.	PUNCT
ajeer-2399	92	1	however	however	ADV
ajeer-2399	92	2	,	,	PUNCT
ajeer-2399	92	3	later	later	ADV
ajeer-2399	92	4	studies	study	NOUN
ajeer-2399	92	5	indicated	indicate	VERB
ajeer-2399	92	6	that	that	SCONJ
ajeer-2399	92	7	the	the	DET
ajeer-2399	92	8	cross	cross	ADJ
ajeer-2399	92	9	-	-	ADJ
ajeer-2399	92	10	sectional	sectional	ADJ
ajeer-2399	92	11	dimension	dimension	NOUN
ajeer-2399	92	12	does	do	AUX
ajeer-2399	92	13	not	not	PART
ajeer-2399	92	14	necessarily	necessarily	ADV
ajeer-2399	92	15	have	have	VERB
ajeer-2399	92	16	to	to	PART
ajeer-2399	92	17	be	be	AUX
ajeer-2399	92	18	large	large	ADJ
ajeer-2399	92	19	for	for	ADP
ajeer-2399	92	20	a	a	DET
ajeer-2399	92	21	consistent	consistent	ADJ
ajeer-2399	92	22	estimation	estimation	NOUN
ajeer-2399	92	23	.	.	PUNCT
ajeer-2399	93	1	for	for	ADP
ajeer-2399	93	2	example	example	NOUN
ajeer-2399	93	3	,	,	PUNCT
ajeer-2399	93	4	caggiano	caggiano	NOUN
ajeer-2399	93	5	et	et	PROPN
ajeer-2399	93	6	al	al	PROPN
ajeer-2399	93	7	.	.	PROPN
ajeer-2399	94	1	(	(	PUNCT
ajeer-2399	94	2	2011	2011	NUM
ajeer-2399	94	3	)	)	PUNCT
ajeer-2399	94	4	showed	show	VERB
ajeer-2399	94	5	that	that	SCONJ
ajeer-2399	94	6	12	12	NUM
ajeer-2399	94	7	to	to	PART
ajeer-2399	94	8	22	22	NUM
ajeer-2399	94	9	variables	variable	NOUN
ajeer-2399	94	10	could	could	AUX
ajeer-2399	94	11	achieve	achieve	VERB
ajeer-2399	94	12	the	the	DET
ajeer-2399	94	13	best	good	ADJ
ajeer-2399	94	14	result	result	NOUN
ajeer-2399	94	15	in	in	ADP
ajeer-2399	94	16	extracting	extract	VERB
ajeer-2399	94	17	common	common	ADJ
ajeer-2399	94	18	factors	factor	NOUN
ajeer-2399	94	19	,	,	PUNCT
ajeer-2399	94	20	and	and	CCONJ
ajeer-2399	94	21	poncela	poncela	NOUN
ajeer-2399	94	22	and	and	CCONJ
ajeer-2399	94	23	ruiz	ruiz	NOUN
ajeer-2399	94	24	(	(	PUNCT
ajeer-2399	94	25	2012	2012	NUM
ajeer-2399	94	26	)	)	PUNCT
ajeer-2399	94	27	showed	show	VERB
ajeer-2399	94	28	that	that	SCONJ
ajeer-2399	94	29	variables	variable	NOUN
ajeer-2399	94	30	did	do	AUX
ajeer-2399	94	31	not	not	PART
ajeer-2399	94	32	have	have	VERB
ajeer-2399	94	33	to	to	PART
ajeer-2399	94	34	be	be	AUX
ajeer-2399	94	35	large	large	ADJ
ajeer-2399	94	36	to	to	PART
ajeer-2399	94	37	achieve	achieve	VERB
ajeer-2399	94	38	consistency	consistency	NOUN
ajeer-2399	94	39	under	under	ADP
ajeer-2399	94	40	the	the	DET
ajeer-2399	94	41	kalman	kalman	NOUN
ajeer-2399	94	42	filter	filter	NOUN
ajeer-2399	94	43	.	.	PUNCT
ajeer-2399	95	1	under	under	ADP
ajeer-2399	95	2	the	the	DET
ajeer-2399	95	3	gaussian	gaussian	ADJ
ajeer-2399	95	4	assumption	assumption	NOUN
ajeer-2399	95	5	,	,	PUNCT
ajeer-2399	95	6	parameters	parameter	NOUN
ajeer-2399	95	7	are	be	AUX
ajeer-2399	95	8	estimated	estimate	VERB
ajeer-2399	95	9	by	by	ADP
ajeer-2399	95	10	the	the	DET
ajeer-2399	95	11	maximum	maximum	ADJ
ajeer-2399	95	12	likelihood	likelihood	NOUN
ajeer-2399	95	13	estimation	estimation	NOUN
ajeer-2399	95	14	method	method	NOUN
ajeer-2399	95	15	.	.	PUNCT
ajeer-2399	96	1	the	the	DET
ajeer-2399	96	2	asymptotic	asymptotic	ADJ
ajeer-2399	96	3	consistency	consistency	NOUN
ajeer-2399	96	4	and	and	CCONJ
ajeer-2399	96	5	normality	normality	NOUN
ajeer-2399	96	6	of	of	ADP
ajeer-2399	96	7	the	the	DET
ajeer-2399	96	8	estimated	estimate	VERB
ajeer-2399	96	9	parameters	parameter	NOUN
ajeer-2399	96	10	in	in	ADP
ajeer-2399	96	11	the	the	DET
ajeer-2399	96	12	dynamic	dynamic	ADJ
ajeer-2399	96	13	factor	factor	NOUN
ajeer-2399	96	14	model	model	NOUN
ajeer-2399	96	15	were	be	AUX
ajeer-2399	96	16	shown	show	VERB
ajeer-2399	96	17	by	by	ADP
ajeer-2399	96	18	caines	caine	NOUN
ajeer-2399	96	19	(	(	PUNCT
ajeer-2399	96	20	1988	1988	NUM
ajeer-2399	96	21	)	)	PUNCT
ajeer-2399	96	22	and	and	CCONJ
ajeer-2399	96	23	durbin	durbin	NOUN
ajeer-2399	96	24	and	and	CCONJ
ajeer-2399	96	25	koopman	koopman	PROPN
ajeer-2399	96	26	(	(	PUNCT
ajeer-2399	96	27	2012	2012	NUM
ajeer-2399	96	28	)	)	PUNCT
ajeer-2399	96	29	.	.	PUNCT
ajeer-2399	97	1	the	the	DET
ajeer-2399	97	2	expectation	expectation	NOUN
ajeer-2399	97	3	-	-	PUNCT
ajeer-2399	97	4	maximization	maximization	NOUN
ajeer-2399	97	5	(	(	PUNCT
ajeer-2399	97	6	em	em	PRON
ajeer-2399	97	7	)	)	PUNCT
ajeer-2399	97	8	algorithm	algorithm	NOUN
ajeer-2399	97	9	became	become	VERB
ajeer-2399	97	10	a	a	DET
ajeer-2399	97	11	common	common	ADJ
ajeer-2399	97	12	tool	tool	NOUN
ajeer-2399	97	13	to	to	PART
ajeer-2399	97	14	estimate	estimate	VERB
ajeer-2399	97	15	the	the	DET
ajeer-2399	97	16	parameters	parameter	NOUN
ajeer-2399	97	17	in	in	ADP
ajeer-2399	97	18	the	the	DET
ajeer-2399	97	19	maximum	maximum	ADJ
ajeer-2399	97	20	likelihood	likelihood	NOUN
ajeer-2399	97	21	estimation	estimation	NOUN
ajeer-2399	97	22	.	.	PUNCT
ajeer-2399	98	1	an	an	DET
ajeer-2399	98	2	alternative	alternative	ADJ
ajeer-2399	98	3	algorithm	algorithm	NOUN
ajeer-2399	98	4	,	,	PUNCT
ajeer-2399	98	5	newton	newton	PROPN
ajeer-2399	98	6	–	–	PUNCT
ajeer-2399	98	7	raphson	raphson	NOUN
ajeer-2399	98	8	,	,	PUNCT
ajeer-2399	98	9	showed	show	VERB
ajeer-2399	98	10	a	a	DET
ajeer-2399	98	11	faster	fast	ADJ
ajeer-2399	98	12	convergence	convergence	NOUN
ajeer-2399	98	13	rate	rate	NOUN
ajeer-2399	98	14	(	(	PUNCT
ajeer-2399	98	15	lindstrom	lindstrom	PROPN
ajeer-2399	98	16	&	&	CCONJ
ajeer-2399	98	17	bates	bates	PROPN
ajeer-2399	98	18	,	,	PUNCT
ajeer-2399	98	19	1988	1988	NUM
ajeer-2399	98	20	)	)	PUNCT
ajeer-2399	98	21	.	.	PUNCT
ajeer-2399	99	1	however	however	ADV
ajeer-2399	99	2	,	,	PUNCT
ajeer-2399	99	3	in	in	ADP
ajeer-2399	99	4	estimating	estimate	VERB
ajeer-2399	99	5	many	many	ADJ
ajeer-2399	99	6	parameters	parameter	NOUN
ajeer-2399	99	7	,	,	PUNCT
ajeer-2399	99	8	the	the	DET
ajeer-2399	99	9	newton	newton	PROPN
ajeer-2399	99	10	–	–	PUNCT
ajeer-2399	99	11	raphson	raphson	NOUN
ajeer-2399	99	12	algorithm	algorithm	NOUN
ajeer-2399	99	13	could	could	AUX
ajeer-2399	99	14	be	be	AUX
ajeer-2399	99	15	unstable	unstable	ADJ
ajeer-2399	99	16	in	in	ADP
ajeer-2399	99	17	the	the	DET
ajeer-2399	99	18	iteration	iteration	NOUN
ajeer-2399	99	19	process	process	NOUN
ajeer-2399	99	20	unless	unless	SCONJ
ajeer-2399	99	21	the	the	DET
ajeer-2399	99	22	initial	initial	ADJ
ajeer-2399	99	23	guesses	guess	NOUN
ajeer-2399	99	24	were	be	AUX
ajeer-2399	99	25	close	close	ADJ
ajeer-2399	99	26	to	to	ADP
ajeer-2399	99	27	the	the	DET
ajeer-2399	99	28	true	true	ADJ
ajeer-2399	99	29	values	value	NOUN
ajeer-2399	99	30	(	(	PUNCT
ajeer-2399	99	31	wilks	wilk	NOUN
ajeer-2399	99	32	,	,	PUNCT
ajeer-2399	99	33	2019	2019	NUM
ajeer-2399	99	34	)	)	PUNCT
ajeer-2399	99	35	.	.	PUNCT
ajeer-2399	100	1	although	although	SCONJ
ajeer-2399	100	2	one	one	NUM
ajeer-2399	100	3	method	method	NOUN
ajeer-2399	100	4	is	be	AUX
ajeer-2399	100	5	not	not	PART
ajeer-2399	100	6	necessarily	necessarily	ADV
ajeer-2399	100	7	superior	superior	ADJ
ajeer-2399	100	8	to	to	ADP
ajeer-2399	100	9	another	another	PRON
ajeer-2399	100	10	,	,	PUNCT
ajeer-2399	100	11	the	the	DET
ajeer-2399	100	12	dynamic	dynamic	ADJ
ajeer-2399	100	13	factor	factor	NOUN
ajeer-2399	100	14	model	model	NOUN
ajeer-2399	100	15	receives	receive	VERB
ajeer-2399	100	16	more	more	ADJ
ajeer-2399	100	17	attention	attention	NOUN
ajeer-2399	100	18	for	for	ADP
ajeer-2399	100	19	many	many	ADJ
ajeer-2399	100	20	reasons	reason	NOUN
ajeer-2399	100	21	in	in	ADP
ajeer-2399	100	22	the	the	DET
ajeer-2399	100	23	study	study	NOUN
ajeer-2399	100	24	of	of	ADP
ajeer-2399	100	25	common	common	ADJ
ajeer-2399	100	26	factors	factor	NOUN
ajeer-2399	100	27	.	.	PUNCT
ajeer-2399	101	1	rodríguez	rodríguez	NOUN
ajeer-2399	101	2	and	and	CCONJ
ajeer-2399	101	3	ruiz	ruiz	NOUN
ajeer-2399	101	4	(	(	PUNCT
ajeer-2399	101	5	2012	2012	NUM
ajeer-2399	101	6	)	)	PUNCT
ajeer-2399	101	7	pointed	point	VERB
ajeer-2399	101	8	out	out	ADP
ajeer-2399	101	9	that	that	SCONJ
ajeer-2399	101	10	under	under	ADP
ajeer-2399	101	11	a	a	DET
ajeer-2399	101	12	gaussian	gaussian	ADJ
ajeer-2399	101	13	assumption	assumption	NOUN
ajeer-2399	101	14	on	on	ADP
ajeer-2399	101	15	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	101	16	noises	noise	NOUN
ajeer-2399	101	17	with	with	ADP
ajeer-2399	101	18	known	know	VERB
ajeer-2399	101	19	parameters	parameter	NOUN
ajeer-2399	101	20	,	,	PUNCT
ajeer-2399	101	21	the	the	DET
ajeer-2399	101	22	kalman	kalman	PROPN
ajeer-2399	101	23	filter	filter	NOUN
ajeer-2399	101	24	provided	provide	VERB
ajeer-2399	101	25	the	the	DET
ajeer-2399	101	26	best	good	ADJ
ajeer-2399	101	27	linear	linear	ADJ
ajeer-2399	101	28	unbiased	unbiased	ADJ
ajeer-2399	101	29	predictions	prediction	NOUN
ajeer-2399	101	30	of	of	ADP
ajeer-2399	101	31	the	the	DET
ajeer-2399	101	32	common	common	ADJ
ajeer-2399	101	33	factors	factor	NOUN
ajeer-2399	101	34	in	in	ADP
ajeer-2399	101	35	the	the	DET
ajeer-2399	101	36	context	context	NOUN
ajeer-2399	101	37	of	of	ADP
ajeer-2399	101	38	the	the	DET
ajeer-2399	101	39	linear	linear	ADJ
ajeer-2399	101	40	state	state	NOUN
ajeer-2399	101	41	-	-	PUNCT
ajeer-2399	101	42	space	space	NOUN
ajeer-2399	101	43	model	model	NOUN
ajeer-2399	101	44	.	.	PUNCT
ajeer-2399	102	1	additionally	additionally	ADV
ajeer-2399	102	2	,	,	PUNCT
ajeer-2399	102	3	the	the	DET
ajeer-2399	102	4	dynamic	dynamic	ADJ
ajeer-2399	102	5	factor	factor	NOUN
ajeer-2399	102	6	model	model	NOUN
ajeer-2399	102	7	provided	provide	VERB
ajeer-2399	102	8	flexible	flexible	ADJ
ajeer-2399	102	9	specifications	specification	NOUN
ajeer-2399	102	10	compared	compare	VERB
ajeer-2399	102	11	to	to	ADP
ajeer-2399	102	12	the	the	DET
ajeer-2399	102	13	principal	principal	ADJ
ajeer-2399	102	14	components	component	NOUN
ajeer-2399	102	15	,	,	PUNCT
ajeer-2399	102	16	such	such	ADJ
ajeer-2399	102	17	as	as	ADP
ajeer-2399	102	18	working	work	VERB
ajeer-2399	102	19	with	with	ADP
ajeer-2399	102	20	non	non	ADJ
ajeer-2399	102	21	-	-	ADJ
ajeer-2399	102	22	stationary	stationary	ADJ
ajeer-2399	102	23	datasets	dataset	NOUN
ajeer-2399	102	24	and	and	CCONJ
ajeer-2399	102	25	strong	strong	ADJ
ajeer-2399	102	26	correlation	correlation	NOUN
ajeer-2399	102	27	of	of	ADP
ajeer-2399	102	28	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	102	29	noises	noise	NOUN
ajeer-2399	102	30	,	,	PUNCT
ajeer-2399	102	31	imposing	impose	VERB
ajeer-2399	102	32	restrictions	restriction	NOUN
ajeer-2399	102	33	,	,	PUNCT
ajeer-2399	102	34	and	and	CCONJ
ajeer-2399	102	35	handling	handle	VERB
ajeer-2399	102	36	irregular	irregular	ADJ
ajeer-2399	102	37	elements	element	NOUN
ajeer-2399	102	38	and	and	CCONJ
ajeer-2399	102	39	missing	miss	VERB
ajeer-2399	102	40	datasets	dataset	NOUN
ajeer-2399	102	41	(	(	PUNCT
ajeer-2399	102	42	poncela	poncela	PROPN
ajeer-2399	102	43	&	&	CCONJ
ajeer-2399	102	44	ruiz	ruiz	PROPN
ajeer-2399	102	45	,	,	PUNCT
ajeer-2399	102	46	2012	2012	NUM
ajeer-2399	102	47	)	)	PUNCT
ajeer-2399	102	48	.	.	PUNCT
ajeer-2399	103	1	the	the	DET
ajeer-2399	103	2	kalman	kalman	PROPN
ajeer-2399	103	3	filter	filter	NOUN
ajeer-2399	103	4	could	could	AUX
ajeer-2399	103	5	produce	produce	VERB
ajeer-2399	103	6	the	the	DET
ajeer-2399	103	7	mean	mean	ADJ
ajeer-2399	103	8	squared	square	VERB
ajeer-2399	103	9	error	error	NOUN
ajeer-2399	103	10	in	in	ADP
ajeer-2399	103	11	the	the	DET
ajeer-2399	103	12	finite	finite	ADJ
ajeer-2399	103	13	sample	sample	NOUN
ajeer-2399	103	14	,	,	PUNCT
ajeer-2399	103	15	while	while	SCONJ
ajeer-2399	103	16	only	only	ADV
ajeer-2399	103	17	asymptotic	asymptotic	ADJ
ajeer-2399	103	18	mse	mse	NOUN
ajeer-2399	103	19	is	be	AUX
ajeer-2399	103	20	available	available	ADJ
ajeer-2399	103	21	for	for	ADP
ajeer-2399	103	22	the	the	DET
ajeer-2399	103	23	principal	principal	ADJ
ajeer-2399	103	24	component	component	NOUN
ajeer-2399	103	25	.	.	PUNCT
ajeer-2399	104	1	moreover	moreover	ADV
ajeer-2399	104	2	,	,	PUNCT
ajeer-2399	104	3	the	the	DET
ajeer-2399	104	4	kalman	kalman	NOUN
ajeer-2399	104	5	filter	filter	NOUN
ajeer-2399	104	6	performs	perform	VERB
ajeer-2399	104	7	better	well	ADV
ajeer-2399	104	8	for	for	ADP
ajeer-2399	104	9	correlated	correlate	VERB
ajeer-2399	104	10	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	104	11	noises	noise	NOUN
ajeer-2399	104	12	.	.	PUNCT
ajeer-2399	105	1	although	although	SCONJ
ajeer-2399	105	2	moderate	moderate	ADJ
ajeer-2399	105	3	serial	serial	NOUN
ajeer-2399	105	4	and	and	CCONJ
ajeer-2399	105	5	cross	cross	ADJ
ajeer-2399	105	6	-	-	ADJ
ajeer-2399	105	7	sectional	sectional	ADJ
ajeer-2399	105	8	correlations	correlation	NOUN
ajeer-2399	105	9	(	(	PUNCT
ajeer-2399	105	10	0.5	0.5	NUM
ajeer-2399	105	11	)	)	PUNCT
ajeer-2399	105	12	of	of	ADP
ajeer-2399	105	13	errors	error	NOUN
ajeer-2399	105	14	produced	produce	VERB
ajeer-2399	105	15	a	a	DET
ajeer-2399	105	16	marginal	marginal	ADJ
ajeer-2399	105	17	impact	impact	NOUN
ajeer-2399	105	18	on	on	ADP
ajeer-2399	105	19	the	the	DET
ajeer-2399	105	20	estimators	estimator	NOUN
ajeer-2399	105	21	and	and	CCONJ
ajeer-2399	105	22	forecasting	forecasting	NOUN
ajeer-2399	105	23	quality	quality	NOUN
ajeer-2399	105	24	,	,	PUNCT
ajeer-2399	105	25	stock	stock	NOUN
ajeer-2399	105	26	and	and	CCONJ
ajeer-2399	105	27	watson	watson	PROPN
ajeer-2399	105	28	(	(	PUNCT
ajeer-2399	105	29	2002	2002	NUM
ajeer-2399	105	30	)	)	PUNCT
ajeer-2399	105	31	showed	show	VERB
ajeer-2399	105	32	that	that	SCONJ
ajeer-2399	105	33	strong	strong	ADJ
ajeer-2399	105	34	serial	serial	NOUN
ajeer-2399	105	35	and	and	CCONJ
ajeer-2399	105	36	cross	cross	ADJ
ajeer-2399	105	37	-	-	ADJ
ajeer-2399	105	38	sectional	sectional	ADJ
ajeer-2399	105	39	correlations	correlation	NOUN
ajeer-2399	105	40	(	(	PUNCT
ajeer-2399	105	41	0.9	0.9	NUM
ajeer-2399	105	42	)	)	PUNCT
ajeer-2399	105	43	caused	cause	VERB
ajeer-2399	105	44	a	a	DET
ajeer-2399	105	45	deterioration	deterioration	NOUN
ajeer-2399	105	46	of	of	ADP
ajeer-2399	105	47	the	the	DET
ajeer-2399	105	48	estimators	estimator	NOUN
ajeer-2399	105	49	and	and	CCONJ
ajeer-2399	105	50	forecasting	forecast	VERB
ajeer-2399	105	51	quality	quality	NOUN
ajeer-2399	105	52	in	in	ADP
ajeer-2399	105	53	the	the	DET
ajeer-2399	105	54	case	case	NOUN
ajeer-2399	105	55	of	of	ADP
ajeer-2399	105	56	the	the	DET
ajeer-2399	105	57	principal	principal	ADJ
ajeer-2399	105	58	component	component	NOUN
ajeer-2399	105	59	.	.	PUNCT
ajeer-2399	106	1	poncela	poncela	NOUN
ajeer-2399	106	2	and	and	CCONJ
ajeer-2399	106	3	ruiz	ruiz	NOUN
ajeer-2399	106	4	(	(	PUNCT
ajeer-2399	106	5	2012	2012	NUM
ajeer-2399	106	6	)	)	PUNCT
ajeer-2399	106	7	showed	show	VERB
ajeer-2399	106	8	that	that	SCONJ
ajeer-2399	106	9	regardless	regardless	ADV
ajeer-2399	106	10	of	of	ADP
ajeer-2399	106	11	weak	weak	ADJ
ajeer-2399	106	12	or	or	CCONJ
ajeer-2399	106	13	strong	strong	ADJ
ajeer-2399	106	14	correlations	correlation	NOUN
ajeer-2399	106	15	in	in	ADP
ajeer-2399	106	16	errors	error	NOUN
ajeer-2399	106	17	,	,	PUNCT
ajeer-2399	106	18	the	the	DET
ajeer-2399	106	19	kalman	kalman	NOUN
ajeer-2399	106	20	filter	filter	NOUN
ajeer-2399	106	21	could	could	AUX
ajeer-2399	106	22	produce	produce	VERB
ajeer-2399	106	23	the	the	DET
ajeer-2399	106	24	efficient	efficient	ADJ
ajeer-2399	106	25	minimum	minimum	NOUN
ajeer-2399	106	26	mean	mean	NOUN
ajeer-2399	106	27	squared	square	VERB
ajeer-2399	106	28	error	error	NOUN
ajeer-2399	106	29	when	when	SCONJ
ajeer-2399	106	30	the	the	DET
ajeer-2399	106	31	number	number	NOUN
ajeer-2399	106	32	of	of	ADP
ajeer-2399	106	33	variables	variable	NOUN
ajeer-2399	106	34	was	be	AUX
ajeer-2399	106	35	around	around	ADV
ajeer-2399	106	36	30.4	30.4	NUM
ajeer-2399	106	37	doz	doz	PROPN
ajeer-2399	106	38	et	et	PROPN
ajeer-2399	106	39	al	al	PROPN
ajeer-2399	106	40	.	.	PROPN
ajeer-2399	107	1	(	(	PUNCT
ajeer-2399	107	2	2011	2011	NUM
ajeer-2399	107	3	)	)	PUNCT
ajeer-2399	107	4	combined	combine	VERB
ajeer-2399	107	5	the	the	DET
ajeer-2399	107	6	principal	principal	ADJ
ajeer-2399	107	7	components	component	NOUN
ajeer-2399	107	8	and	and	CCONJ
ajeer-2399	107	9	kalman	kalman	PROPN
ajeer-2399	107	10	filter	filter	PROPN
ajeer-2399	107	11	.	.	PUNCT
ajeer-2399	108	1	this	this	DET
ajeer-2399	108	2	hybrid	hybrid	ADJ
ajeer-2399	108	3	approach	approach	NOUN
ajeer-2399	108	4	could	could	AUX
ajeer-2399	108	5	substantially	substantially	ADV
ajeer-2399	108	6	improve	improve	VERB
ajeer-2399	108	7	the	the	DET
ajeer-2399	108	8	estimation	estimation	NOUN
ajeer-2399	108	9	of	of	ADP
ajeer-2399	108	10	the	the	DET
ajeer-2399	108	11	common	common	ADJ
ajeer-2399	108	12	factors	factor	NOUN
ajeer-2399	108	13	if	if	SCONJ
ajeer-2399	108	14	the	the	DET
ajeer-2399	108	15	common	common	ADJ
ajeer-2399	108	16	factors	factor	NOUN
ajeer-2399	108	17	were	be	AUX
ajeer-2399	108	18	small	small	ADJ
ajeer-2399	108	19	and	and	CCONJ
ajeer-2399	108	20	persistent	persistent	ADJ
ajeer-2399	108	21	(	(	PUNCT
ajeer-2399	108	22	giannone	giannone	NOUN
ajeer-2399	108	23	,	,	PUNCT
ajeer-2399	108	24	reichlin	reichlin	PROPN
ajeer-2399	108	25	,	,	PUNCT
ajeer-2399	108	26	&	&	CCONJ
ajeer-2399	108	27	small	small	ADJ
ajeer-2399	108	28	,	,	PUNCT
ajeer-2399	108	29	2008	2008	NUM
ajeer-2399	108	30	;	;	PUNCT
ajeer-2399	108	31	stock	stock	NOUN
ajeer-2399	108	32	&	&	CCONJ
ajeer-2399	108	33	watson	watson	PROPN
ajeer-2399	108	34	,	,	PUNCT
ajeer-2399	108	35	2011	2011	NUM
ajeer-2399	108	36	)	)	PUNCT
ajeer-2399	108	37	.	.	PUNCT
ajeer-2399	109	1	another	another	DET
ajeer-2399	109	2	method	method	NOUN
ajeer-2399	109	3	was	be	AUX
ajeer-2399	109	4	to	to	PART
ajeer-2399	109	5	use	use	VERB
ajeer-2399	109	6	the	the	DET
ajeer-2399	109	7	bootstrap	bootstrap	NOUN
ajeer-2399	109	8	procedure	procedure	NOUN
ajeer-2399	109	9	proposed	propose	VERB
ajeer-2399	109	10	by	by	ADP
ajeer-2399	109	11	rodríguez	rodríguez	NOUN
ajeer-2399	109	12	and	and	CCONJ
ajeer-2399	109	13	ruiz	ruiz	NOUN
ajeer-2399	109	14	(	(	PUNCT
ajeer-2399	109	15	2012	2012	NUM
ajeer-2399	109	16	)	)	PUNCT
ajeer-2399	109	17	to	to	PART
ajeer-2399	109	18	improve	improve	VERB
ajeer-2399	109	19	the	the	DET
ajeer-2399	109	20	predicting	predict	VERB
ajeer-2399	109	21	mse	mse	NOUN
ajeer-2399	109	22	of	of	ADP
ajeer-2399	109	23	the	the	DET
ajeer-2399	109	24	unobserved	unobserved	ADJ
ajeer-2399	109	25	variables	variable	NOUN
ajeer-2399	109	26	,	,	PUNCT
ajeer-2399	109	27	which	which	PRON
ajeer-2399	109	28	gave	give	VERB
ajeer-2399	109	29	a	a	DET
ajeer-2399	109	30	better	well	ADJ
ajeer-2399	109	31	finite	finite	ADJ
ajeer-2399	109	32	sample	sample	NOUN
ajeer-2399	109	33	property	property	NOUN
ajeer-2399	109	34	.	.	PUNCT
ajeer-2399	110	1	critics	critic	NOUN
ajeer-2399	110	2	stated	state	VERB
ajeer-2399	110	3	that	that	SCONJ
ajeer-2399	110	4	both	both	DET
ajeer-2399	110	5	time	time	NOUN
ajeer-2399	110	6	and	and	CCONJ
ajeer-2399	110	7	cross	cross	ADJ
ajeer-2399	110	8	-	-	ADJ
ajeer-2399	110	9	sectional	sectional	ADJ
ajeer-2399	110	10	domains	domain	NOUN
ajeer-2399	110	11	lack	lack	VERB
ajeer-2399	110	12	satisfied	satisfied	ADJ
ajeer-2399	110	13	properties	property	NOUN
ajeer-2399	110	14	in	in	ADP
ajeer-2399	110	15	the	the	DET
ajeer-2399	110	16	finite	finite	ADJ
ajeer-2399	110	17	sample	sample	NOUN
ajeer-2399	110	18	,	,	PUNCT
ajeer-2399	110	19	which	which	PRON
ajeer-2399	110	20	lead	lead	VERB
ajeer-2399	110	21	to	to	ADP
ajeer-2399	110	22	a	a	DET
ajeer-2399	110	23	more	more	ADV
ajeer-2399	110	24	rigorous	rigorous	ADJ
ajeer-2399	110	25	study	study	NOUN
ajeer-2399	110	26	of	of	ADP
ajeer-2399	110	27	the	the	DET
ajeer-2399	110	28	dynamic	dynamic	ADJ
ajeer-2399	110	29	factor	factor	NOUN
ajeer-2399	110	30	model	model	NOUN
ajeer-2399	110	31	using	use	VERB
ajeer-2399	110	32	a	a	DET
ajeer-2399	110	33	small	small	ADJ
ajeer-2399	110	34	sample	sample	NOUN
ajeer-2399	110	35	.	.	PUNCT
ajeer-2399	111	1	it	it	PRON
ajeer-2399	111	2	is	be	AUX
ajeer-2399	111	3	worth	worth	ADJ
ajeer-2399	111	4	mentioning	mention	VERB
ajeer-2399	111	5	that	that	SCONJ
ajeer-2399	111	6	the	the	DET
ajeer-2399	111	7	mse	mse	NOUN
ajeer-2399	111	8	under	under	ADP
ajeer-2399	111	9	the	the	DET
ajeer-2399	111	10	kalman	kalman	NOUN
ajeer-2399	111	11	filter	filter	NOUN
ajeer-2399	111	12	has	have	VERB
ajeer-2399	111	13	two	two	NUM
ajeer-2399	111	14	sources	source	NOUN
ajeer-2399	111	15	of	of	ADP
ajeer-2399	111	16	uncertainty	uncertainty	NOUN
ajeer-2399	111	17	:	:	PUNCT
ajeer-2399	111	18	one	one	NUM
ajeer-2399	111	19	comes	come	VERB
ajeer-2399	111	20	from	from	ADP
ajeer-2399	111	21	the	the	DET
ajeer-2399	111	22	stochastic	stochastic	ADJ
ajeer-2399	111	23	process	process	NOUN
ajeer-2399	111	24	of	of	ADP
ajeer-2399	111	25	the	the	DET
ajeer-2399	111	26	filtering	filtering	NOUN
ajeer-2399	111	27	,	,	PUNCT
ajeer-2399	111	28	and	and	CCONJ
ajeer-2399	111	29	the	the	DET
ajeer-2399	111	30	other	other	ADJ
ajeer-2399	111	31	one	one	NUM
ajeer-2399	111	32	is	be	AUX
ajeer-2399	111	33	from	from	ADP
ajeer-2399	111	34	the	the	DET
ajeer-2399	111	35	estimation	estimation	NOUN
ajeer-2399	111	36	of	of	ADP
ajeer-2399	111	37	the	the	DET
ajeer-2399	111	38	unknown	unknown	ADJ
ajeer-2399	111	39	parameters.5	parameters.5	NOUN
ajeer-2399	111	40	this	this	DET
ajeer-2399	111	41	second	second	ADJ
ajeer-2399	111	42	source	source	NOUN
ajeer-2399	111	43	came	come	VERB
ajeer-2399	111	44	from	from	ADP
ajeer-2399	111	45	substituting	substitute	VERB
ajeer-2399	111	46	the	the	DET
ajeer-2399	111	47	consistent	consistent	ADJ
ajeer-2399	111	48	parameters	parameter	NOUN
ajeer-2399	111	49	when	when	SCONJ
ajeer-2399	111	50	the	the	DET
ajeer-2399	111	51	true	true	ADJ
ajeer-2399	111	52	values	value	NOUN
ajeer-2399	111	53	were	be	AUX
ajeer-2399	111	54	unknown.6	unknown.6	VERB
ajeer-2399	111	55	with	with	ADP
ajeer-2399	111	56	known	know	VERB
ajeer-2399	111	57	parameters	parameter	NOUN
ajeer-2399	111	58	and	and	CCONJ
ajeer-2399	111	59	non	non	ADJ
ajeer-2399	111	60	-	-	ADJ
ajeer-2399	111	61	persistent	persistent	ADJ
ajeer-2399	111	62	serial	serial	ADJ
ajeer-2399	111	63	2	2	NUM
ajeer-2399	111	64	both	both	CCONJ
ajeer-2399	111	65	i	i	PRON
ajeer-2399	111	66	and	and	CCONJ
ajeer-2399	111	67	t→	t→	PUNCT
ajeer-2399	111	68	∞.	∞.	PROPN
ajeer-2399	111	69	in	in	ADP
ajeer-2399	111	70	asymptotic	asymptotic	ADJ
ajeer-2399	111	71	property	property	NOUN
ajeer-2399	111	72	,	,	PUNCT
ajeer-2399	111	73	when	when	SCONJ
ajeer-2399	111	74	the	the	DET
ajeer-2399	111	75	time	time	NOUN
ajeer-2399	111	76	dimension	dimension	NOUN
ajeer-2399	111	77	approaches	approach	NOUN
ajeer-2399	111	78	infinity	infinity	NOUN
ajeer-2399	111	79	(	(	PUNCT
ajeer-2399	111	80	t	t	PROPN
ajeer-2399	111	81	→	→	SYM
ajeer-2399	111	82	∞	∞	PROPN
ajeer-2399	111	83	)	)	PUNCT
ajeer-2399	111	84	,	,	PUNCT
ajeer-2399	111	85	the	the	DET
ajeer-2399	111	86	estimated	estimate	VERB
ajeer-2399	111	87	parameters	parameter	NOUN
ajeer-2399	111	88	converges	converge	VERB
ajeer-2399	111	89	to	to	ADP
ajeer-2399	111	90	the	the	DET
ajeer-2399	111	91	population	population	NOUN
ajeer-2399	111	92	parameters	parameter	NOUN
ajeer-2399	111	93	.	.	PUNCT
ajeer-2399	112	1	on	on	ADP
ajeer-2399	112	2	the	the	DET
ajeer-2399	112	3	other	other	ADJ
ajeer-2399	112	4	hand	hand	NOUN
ajeer-2399	112	5	,	,	PUNCT
ajeer-2399	112	6	the	the	DET
ajeer-2399	112	7	cross	cross	ADJ
ajeer-2399	112	8	-	-	ADJ
ajeer-2399	112	9	sectional	sectional	ADJ
ajeer-2399	112	10	dimension(i	dimension(i	PROPN
ajeer-2399	112	11	→	→	SYM
ajeer-2399	112	12	∞	∞	NOUN
ajeer-2399	112	13	)	)	PUNCT
ajeer-2399	112	14	approaches	approach	VERB
ajeer-2399	112	15	infinity	infinity	NOUN
ajeer-2399	112	16	,	,	PUNCT
ajeer-2399	112	17	so	so	ADV
ajeer-2399	112	18	the	the	DET
ajeer-2399	112	19	uncertainty	uncertainty	NOUN
ajeer-2399	112	20	in	in	ADP
ajeer-2399	112	21	the	the	DET
ajeer-2399	112	22	extraction	extraction	NOUN
ajeer-2399	112	23	procedure	procedure	NOUN
ajeer-2399	112	24	will	will	AUX
ajeer-2399	112	25	approach	approach	VERB
ajeer-2399	112	26	zero	zero	NUM
ajeer-2399	112	27	(	(	PUNCT
ajeer-2399	112	28	poncela	poncela	PROPN
ajeer-2399	112	29	&	&	CCONJ
ajeer-2399	112	30	ruiz	ruiz	PROPN
ajeer-2399	112	31	,	,	PUNCT
ajeer-2399	112	32	2012	2012	NUM
ajeer-2399	112	33	)	)	PUNCT
ajeer-2399	112	34	.	.	PUNCT
ajeer-2399	113	1	3	3	NUM
ajeer-2399	113	2	choi	choi	NOUN
ajeer-2399	113	3	(	(	PUNCT
ajeer-2399	113	4	2012	2012	NUM
ajeer-2399	113	5	)	)	PUNCT
ajeer-2399	113	6	derived	derive	VERB
ajeer-2399	113	7	a	a	DET
ajeer-2399	113	8	smaller	small	ADJ
ajeer-2399	113	9	variance	variance	NOUN
ajeer-2399	113	10	using	use	VERB
ajeer-2399	113	11	the	the	DET
ajeer-2399	113	12	generalized	generalized	ADJ
ajeer-2399	113	13	principal	principal	ADJ
ajeer-2399	113	14	component	component	NOUN
ajeer-2399	113	15	estimator	estimator	NOUN
ajeer-2399	113	16	without	without	ADP
ajeer-2399	113	17	normality	normality	NOUN
ajeer-2399	113	18	assumption	assumption	NOUN
ajeer-2399	113	19	(	(	PUNCT
ajeer-2399	113	20	first	first	ADV
ajeer-2399	113	21	derived	derive	VERB
ajeer-2399	113	22	in	in	ADP
ajeer-2399	113	23	2007	2007	NUM
ajeer-2399	113	24	)	)	PUNCT
ajeer-2399	113	25	.	.	PUNCT
ajeer-2399	114	1	however	however	ADV
ajeer-2399	114	2	,	,	PUNCT
ajeer-2399	114	3	there	there	PRON
ajeer-2399	114	4	is	be	VERB
ajeer-2399	114	5	a	a	DET
ajeer-2399	114	6	challenge	challenge	NOUN
ajeer-2399	114	7	in	in	ADP
ajeer-2399	114	8	finding	find	VERB
ajeer-2399	114	9	a	a	DET
ajeer-2399	114	10	well	well	ADV
ajeer-2399	114	11	-	-	PUNCT
ajeer-2399	114	12	behaved	behave	VERB
ajeer-2399	114	13	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	114	14	error	error	NOUN
ajeer-2399	114	15	variance	variance	NOUN
ajeer-2399	114	16	matrix	matrix	NOUN
ajeer-2399	114	17	that	that	PRON
ajeer-2399	114	18	made	make	VERB
ajeer-2399	114	19	generalized	generalized	ADJ
ajeer-2399	114	20	principal	principal	ADJ
ajeer-2399	114	21	component	component	NOUN
ajeer-2399	114	22	estimator	estimator	NOUN
ajeer-2399	114	23	infeasible	infeasible	PROPN
ajeer-2399	114	24	,	,	PUNCT
ajeer-2399	114	25	as	as	SCONJ
ajeer-2399	114	26	pointed	point	VERB
ajeer-2399	114	27	in	in	ADP
ajeer-2399	114	28	stock	stock	NOUN
ajeer-2399	114	29	..	..	PUNCT
ajeer-2399	114	30	and	and	CCONJ
ajeer-2399	114	31	watson	watson	PROPN
ajeer-2399	114	32	(	(	PUNCT
ajeer-2399	114	33	2011	2011	NUM
ajeer-2399	114	34	)	)	PUNCT
ajeer-2399	114	35	.	.	PUNCT
ajeer-2399	115	1	4	4	NUM
ajeer-2399	115	2	they	they	PRON
ajeer-2399	115	3	found	find	VERB
ajeer-2399	115	4	out	out	ADP
ajeer-2399	115	5	that	that	SCONJ
ajeer-2399	115	6	as	as	ADP
ajeer-2399	115	7	the	the	DET
ajeer-2399	115	8	mean	mean	ADJ
ajeer-2399	115	9	squared	square	VERB
ajeer-2399	115	10	error	error	NOUN
ajeer-2399	115	11	approaches	approach	NOUN
ajeer-2399	115	12	zero	zero	NUM
ajeer-2399	115	13	in	in	ADP
ajeer-2399	115	14	cross	cross	ADJ
ajeer-2399	115	15	-	-	ADJ
ajeer-2399	115	16	sectional	sectional	ADJ
ajeer-2399	115	17	dimensions	dimension	NOUN
ajeer-2399	115	18	,	,	PUNCT
ajeer-2399	115	19	the	the	DET
ajeer-2399	115	20	total	total	ADJ
ajeer-2399	115	21	uncertainty	uncertainty	NOUN
ajeer-2399	115	22	has	have	VERB
ajeer-2399	115	23	a	a	DET
ajeer-2399	115	24	u	u	NOUN
ajeer-2399	115	25	shape	shape	NOUN
ajeer-2399	115	26	because	because	SCONJ
ajeer-2399	115	27	as	as	SCONJ
ajeer-2399	115	28	more	more	ADJ
ajeer-2399	115	29	variables	variable	NOUN
ajeer-2399	115	30	are	be	AUX
ajeer-2399	115	31	included	include	VERB
ajeer-2399	115	32	,	,	PUNCT
ajeer-2399	115	33	the	the	DET
ajeer-2399	115	34	number	number	NOUN
ajeer-2399	115	35	of	of	ADP
ajeer-2399	115	36	estimated	estimate	VERB
ajeer-2399	115	37	parameters	parameter	NOUN
ajeer-2399	115	38	increase	increase	VERB
ajeer-2399	115	39	and	and	CCONJ
ajeer-2399	115	40	induces	induce	VERB
ajeer-2399	115	41	uncertainty	uncertainty	NOUN
ajeer-2399	115	42	.	.	PUNCT
ajeer-2399	116	1	5	5	NUM
ajeer-2399	116	2	as	as	ADP
ajeer-2399	116	3	an	an	DET
ajeer-2399	116	4	increase	increase	NOUN
ajeer-2399	116	5	in	in	ADP
ajeer-2399	116	6	the	the	DET
ajeer-2399	116	7	cross	cross	ADJ
ajeer-2399	116	8	-	-	ADJ
ajeer-2399	116	9	sectional	sectional	ADJ
ajeer-2399	116	10	dimensions	dimension	NOUN
ajeer-2399	116	11	will	will	AUX
ajeer-2399	116	12	increase	increase	VERB
ajeer-2399	116	13	the	the	DET
ajeer-2399	116	14	numbers	number	NOUN
ajeer-2399	116	15	of	of	ADP
ajeer-2399	116	16	parameters	parameter	NOUN
ajeer-2399	116	17	to	to	PART
ajeer-2399	116	18	be	be	AUX
ajeer-2399	116	19	estimated	estimate	VERB
ajeer-2399	116	20	,	,	PUNCT
ajeer-2399	116	21	the	the	DET
ajeer-2399	116	22	dfm	dfm	PROPN
ajeer-2399	116	23	estimation	estimation	NOUN
ajeer-2399	116	24	deteriorates	deteriorate	VERB
ajeer-2399	116	25	.	.	PUNCT
ajeer-2399	117	1	6	6	NUM
ajeer-2399	117	2	this	this	DET
ajeer-2399	117	3	uncertainty	uncertainty	NOUN
ajeer-2399	117	4	accounted	account	VERB
ajeer-2399	117	5	for	for	ADP
ajeer-2399	117	6	about	about	ADV
ajeer-2399	117	7	5	5	NUM
ajeer-2399	117	8	%	%	NOUN
ajeer-2399	117	9	(	(	PUNCT
ajeer-2399	117	10	t=100	t=100	PROPN
ajeer-2399	117	11	)	)	PUNCT
ajeer-2399	117	12	of	of	ADP
ajeer-2399	117	13	the	the	DET
ajeer-2399	117	14	total	total	ADJ
ajeer-2399	117	15	uncertainty	uncertainty	NOUN
ajeer-2399	117	16	in	in	ADP
ajeer-2399	117	17	the	the	DET
ajeer-2399	117	18	univariate	univariate	ADJ
ajeer-2399	117	19	non	non	ADJ
ajeer-2399	117	20	-	-	ADJ
ajeer-2399	117	21	stationary	stationary	ADJ
ajeer-2399	117	22	one	one	NUM
ajeer-2399	117	23	factor	factor	NOUN
ajeer-2399	117	24	model	model	NOUN
ajeer-2399	117	25	(	(	PUNCT
ajeer-2399	117	26	rodríguez	rodríguez	NOUN
ajeer-2399	117	27	&	&	CCONJ
ajeer-2399	117	28	ruiz	ruiz	NOUN
ajeer-2399	117	29	,	,	PUNCT
ajeer-2399	117	30	2012	2012	NUM
ajeer-2399	117	31	)	)	PUNCT
ajeer-2399	117	32	.	.	PUNCT
ajeer-2399	118	1	asian	asian	ADJ
ajeer-2399	118	2	journal	journal	PROPN
ajeer-2399	118	3	of	of	ADP
ajeer-2399	118	4	economics	economic	NOUN
ajeer-2399	118	5	and	and	CCONJ
ajeer-2399	118	6	empirical	empirical	ADJ
ajeer-2399	118	7	research	research	NOUN
ajeer-2399	118	8	,	,	PUNCT
ajeer-2399	118	9	2020	2020	NUM
ajeer-2399	118	10	,	,	PUNCT
ajeer-2399	118	11	7(2	7(2	NUM
ajeer-2399	118	12	):	):	PUNCT
ajeer-2399	118	13	268	268	NUM
ajeer-2399	118	14	-	-	SYM
ajeer-2399	118	15	281	281	NUM
ajeer-2399	118	16	271	271	NUM
ajeer-2399	118	17	©	©	PROPN
ajeer-2399	118	18	2020	2020	NUM
ajeer-2399	118	19	by	by	ADP
ajeer-2399	118	20	the	the	DET
ajeer-2399	118	21	authors	author	NOUN
ajeer-2399	118	22	;	;	PUNCT
ajeer-2399	118	23	licensee	licensee	PROPN
ajeer-2399	118	24	asian	asian	ADJ
ajeer-2399	118	25	online	online	PROPN
ajeer-2399	118	26	journal	journal	PROPN
ajeer-2399	118	27	publishing	publishing	NOUN
ajeer-2399	118	28	group	group	NOUN
ajeer-2399	118	29	correlation	correlation	NOUN
ajeer-2399	118	30	in	in	ADP
ajeer-2399	118	31	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	118	32	noises	noise	NOUN
ajeer-2399	118	33	,	,	PUNCT
ajeer-2399	118	34	the	the	DET
ajeer-2399	118	35	filter	filter	NOUN
ajeer-2399	118	36	uncertainty	uncertainty	NOUN
ajeer-2399	118	37	was	be	AUX
ajeer-2399	118	38	a	a	DET
ajeer-2399	118	39	non	non	ADJ
ajeer-2399	118	40	-	-	ADJ
ajeer-2399	118	41	increasing	increasing	ADJ
ajeer-2399	118	42	function	function	NOUN
ajeer-2399	118	43	in	in	ADP
ajeer-2399	118	44	the	the	DET
ajeer-2399	118	45	cross	cross	ADJ
ajeer-2399	118	46	-	-	ADJ
ajeer-2399	118	47	sectional	sectional	ADJ
ajeer-2399	118	48	dimension	dimension	NOUN
ajeer-2399	118	49	regardless	regardless	ADV
ajeer-2399	118	50	of	of	ADP
ajeer-2399	118	51	weak	weak	ADJ
ajeer-2399	118	52	or	or	CCONJ
ajeer-2399	118	53	strong	strong	ADJ
ajeer-2399	118	54	contemporaneous	contemporaneous	ADJ
ajeer-2399	118	55	correlation	correlation	NOUN
ajeer-2399	118	56	of	of	ADP
ajeer-2399	118	57	noises	noise	NOUN
ajeer-2399	118	58	(	(	PUNCT
ajeer-2399	118	59	poncela	poncela	PROPN
ajeer-2399	118	60	&	&	CCONJ
ajeer-2399	118	61	ruiz	ruiz	PROPN
ajeer-2399	118	62	,	,	PUNCT
ajeer-2399	118	63	2012	2012	NUM
ajeer-2399	118	64	)	)	PUNCT
ajeer-2399	118	65	.	.	PUNCT
ajeer-2399	119	1	for	for	ADP
ajeer-2399	119	2	small	small	ADJ
ajeer-2399	119	3	cross	cross	ADJ
ajeer-2399	119	4	-	-	ADJ
ajeer-2399	119	5	sectional	sectional	ADJ
ajeer-2399	119	6	dimensions	dimension	NOUN
ajeer-2399	119	7	,	,	PUNCT
ajeer-2399	119	8	they	they	PRON
ajeer-2399	119	9	showed	show	VERB
ajeer-2399	119	10	that	that	SCONJ
ajeer-2399	119	11	the	the	DET
ajeer-2399	119	12	uncertainty	uncertainty	NOUN
ajeer-2399	119	13	only	only	ADV
ajeer-2399	119	14	slightly	slightly	ADV
ajeer-2399	119	15	increased	increase	VERB
ajeer-2399	119	16	for	for	ADP
ajeer-2399	119	17	a	a	DET
ajeer-2399	119	18	practical	practical	ADJ
ajeer-2399	119	19	purpose	purpose	NOUN
ajeer-2399	119	20	,	,	PUNCT
ajeer-2399	119	21	while	while	SCONJ
ajeer-2399	119	22	the	the	DET
ajeer-2399	119	23	ratio	ratio	NOUN
ajeer-2399	119	24	of	of	ADP
ajeer-2399	119	25	parameter	parameter	NOUN
ajeer-2399	119	26	uncertainty	uncertainty	NOUN
ajeer-2399	119	27	to	to	ADP
ajeer-2399	119	28	total	total	ADJ
ajeer-2399	119	29	uncertainty	uncertainty	NOUN
ajeer-2399	119	30	was	be	AUX
ajeer-2399	119	31	at	at	ADP
ajeer-2399	119	32	a	a	DET
ajeer-2399	119	33	minimum	minimum	NOUN
ajeer-2399	119	34	when	when	SCONJ
ajeer-2399	119	35	the	the	DET
ajeer-2399	119	36	number	number	NOUN
ajeer-2399	119	37	of	of	ADP
ajeer-2399	119	38	variables	variable	NOUN
ajeer-2399	119	39	was	be	AUX
ajeer-2399	119	40	around	around	ADP
ajeer-2399	119	41	ten.7	ten.7	NUM
ajeer-2399	119	42	the	the	DET
ajeer-2399	119	43	estimation	estimation	NOUN
ajeer-2399	119	44	of	of	ADP
ajeer-2399	119	45	the	the	DET
ajeer-2399	119	46	coincident	coincident	ADJ
ajeer-2399	119	47	indicator	indicator	NOUN
ajeer-2399	119	48	has	have	VERB
ajeer-2399	119	49	some	some	DET
ajeer-2399	119	50	challenges	challenge	NOUN
ajeer-2399	119	51	and	and	CCONJ
ajeer-2399	119	52	shortcomings	shortcoming	NOUN
ajeer-2399	119	53	.	.	PUNCT
ajeer-2399	120	1	munda	munda	PROPN
ajeer-2399	120	2	and	and	CCONJ
ajeer-2399	120	3	nardo	nardo	PROPN
ajeer-2399	120	4	(	(	PUNCT
ajeer-2399	120	5	2005	2005	NUM
ajeer-2399	120	6	)	)	PUNCT
ajeer-2399	120	7	explained	explain	VERB
ajeer-2399	120	8	the	the	DET
ajeer-2399	120	9	weighting	weighting	NOUN
ajeer-2399	120	10	issue	issue	NOUN
ajeer-2399	120	11	of	of	ADP
ajeer-2399	120	12	the	the	DET
ajeer-2399	120	13	linear	linear	ADJ
ajeer-2399	120	14	aggregation	aggregation	NOUN
ajeer-2399	120	15	rule	rule	NOUN
ajeer-2399	120	16	,	,	PUNCT
ajeer-2399	120	17	a	a	DET
ajeer-2399	120	18	weakness	weakness	NOUN
ajeer-2399	120	19	that	that	SCONJ
ajeer-2399	120	20	data	datum	NOUN
ajeer-2399	120	21	normalization	normalization	NOUN
ajeer-2399	120	22	did	do	AUX
ajeer-2399	120	23	not	not	PART
ajeer-2399	120	24	capture	capture	VERB
ajeer-2399	120	25	in	in	ADP
ajeer-2399	120	26	building	build	VERB
ajeer-2399	120	27	the	the	DET
ajeer-2399	120	28	coincident	coincident	ADJ
ajeer-2399	120	29	index	index	NOUN
ajeer-2399	120	30	.	.	PUNCT
ajeer-2399	121	1	another	another	DET
ajeer-2399	121	2	issue	issue	NOUN
ajeer-2399	121	3	involves	involve	VERB
ajeer-2399	121	4	the	the	DET
ajeer-2399	121	5	stationary	stationary	ADJ
ajeer-2399	121	6	assumption	assumption	NOUN
ajeer-2399	121	7	in	in	ADP
ajeer-2399	121	8	constructing	construct	VERB
ajeer-2399	121	9	the	the	DET
ajeer-2399	121	10	coincident	coincident	ADJ
ajeer-2399	121	11	indicator	indicator	NOUN
ajeer-2399	121	12	.	.	PUNCT
ajeer-2399	122	1	with	with	ADP
ajeer-2399	122	2	this	this	DET
ajeer-2399	122	3	assumption	assumption	NOUN
ajeer-2399	122	4	,	,	PUNCT
ajeer-2399	122	5	it	it	PRON
ajeer-2399	122	6	throws	throw	VERB
ajeer-2399	122	7	away	away	ADV
ajeer-2399	122	8	some	some	DET
ajeer-2399	122	9	important	important	ADJ
ajeer-2399	122	10	information	information	NOUN
ajeer-2399	122	11	if	if	SCONJ
ajeer-2399	122	12	cointegration	cointegration	NOUN
ajeer-2399	122	13	exists8	exists8	PROPN
ajeer-2399	122	14	,	,	PUNCT
ajeer-2399	122	15	and	and	CCONJ
ajeer-2399	122	16	ignoring	ignore	VERB
ajeer-2399	122	17	the	the	DET
ajeer-2399	122	18	long	long	ADJ
ajeer-2399	122	19	-	-	PUNCT
ajeer-2399	122	20	term	term	NOUN
ajeer-2399	122	21	relationship	relationship	NOUN
ajeer-2399	122	22	has	have	VERB
ajeer-2399	122	23	a	a	DET
ajeer-2399	122	24	detrimental	detrimental	ADJ
ajeer-2399	122	25	effect	effect	NOUN
ajeer-2399	122	26	on	on	ADP
ajeer-2399	122	27	forecasting	forecast	VERB
ajeer-2399	122	28	quality	quality	NOUN
ajeer-2399	122	29	(	(	PUNCT
ajeer-2399	122	30	smeekes	smeeke	NOUN
ajeer-2399	122	31	&	&	CCONJ
ajeer-2399	122	32	wijler	wijler	NOUN
ajeer-2399	122	33	,	,	PUNCT
ajeer-2399	122	34	2019	2019	NUM
ajeer-2399	122	35	)	)	PUNCT
ajeer-2399	122	36	.	.	PUNCT
ajeer-2399	123	1	it	it	PRON
ajeer-2399	123	2	is	be	AUX
ajeer-2399	123	3	worth	worth	ADJ
ajeer-2399	123	4	mentioning	mention	VERB
ajeer-2399	123	5	that	that	SCONJ
ajeer-2399	123	6	the	the	DET
ajeer-2399	123	7	unobserved	unobserved	ADJ
ajeer-2399	123	8	state	state	NOUN
ajeer-2399	123	9	variable	variable	NOUN
ajeer-2399	123	10	can	can	AUX
ajeer-2399	123	11	be	be	AUX
ajeer-2399	123	12	stationary	stationary	ADJ
ajeer-2399	123	13	or	or	CCONJ
ajeer-2399	123	14	non	non	ADJ
ajeer-2399	123	15	-	-	ADJ
ajeer-2399	123	16	stationary	stationary	ADJ
ajeer-2399	123	17	in	in	ADP
ajeer-2399	123	18	the	the	DET
ajeer-2399	123	19	context	context	NOUN
ajeer-2399	123	20	of	of	ADP
ajeer-2399	123	21	the	the	DET
ajeer-2399	123	22	dynamic	dynamic	ADJ
ajeer-2399	123	23	factor	factor	NOUN
ajeer-2399	123	24	model	model	NOUN
ajeer-2399	123	25	.	.	PUNCT
ajeer-2399	124	1	for	for	ADP
ajeer-2399	124	2	this	this	DET
ajeer-2399	124	3	reason	reason	NOUN
ajeer-2399	124	4	,	,	PUNCT
ajeer-2399	124	5	using	use	VERB
ajeer-2399	124	6	the	the	DET
ajeer-2399	124	7	hybrid	hybrid	ADJ
ajeer-2399	124	8	approach	approach	NOUN
ajeer-2399	124	9	(	(	PUNCT
ajeer-2399	124	10	combining	combine	VERB
ajeer-2399	124	11	principal	principal	ADJ
ajeer-2399	124	12	components	component	NOUN
ajeer-2399	124	13	and	and	CCONJ
ajeer-2399	124	14	the	the	DET
ajeer-2399	124	15	kalman	kalman	PROPN
ajeer-2399	124	16	filter	filter	NOUN
ajeer-2399	124	17	or	or	CCONJ
ajeer-2399	124	18	smoother	smooth	ADJ
ajeer-2399	124	19	)	)	PUNCT
ajeer-2399	124	20	for	for	ADP
ajeer-2399	124	21	non	non	ADJ
ajeer-2399	124	22	-	-	ADJ
ajeer-2399	124	23	stationary	stationary	ADJ
ajeer-2399	124	24	data	datum	NOUN
ajeer-2399	124	25	may	may	AUX
ajeer-2399	124	26	improve	improve	VERB
ajeer-2399	124	27	the	the	DET
ajeer-2399	124	28	estimation	estimation	NOUN
ajeer-2399	124	29	of	of	ADP
ajeer-2399	124	30	common	common	ADJ
ajeer-2399	124	31	factors	factor	NOUN
ajeer-2399	124	32	in	in	ADP
ajeer-2399	124	33	the	the	DET
ajeer-2399	124	34	finite	finite	ADJ
ajeer-2399	124	35	sample	sample	NOUN
ajeer-2399	124	36	,	,	PUNCT
ajeer-2399	124	37	as	as	SCONJ
ajeer-2399	124	38	shown	show	VERB
ajeer-2399	124	39	by	by	ADP
ajeer-2399	124	40	corona	corona	PROPN
ajeer-2399	124	41	,	,	PUNCT
ajeer-2399	124	42	poncela	poncela	NOUN
ajeer-2399	124	43	,	,	PUNCT
ajeer-2399	124	44	and	and	CCONJ
ajeer-2399	124	45	ruiz	ruiz	NOUN
ajeer-2399	124	46	(	(	PUNCT
ajeer-2399	124	47	2020	2020	NUM
ajeer-2399	124	48	)	)	PUNCT
ajeer-2399	124	49	.	.	PUNCT
ajeer-2399	125	1	peña	peña	PROPN
ajeer-2399	125	2	and	and	CCONJ
ajeer-2399	125	3	poncela	poncela	PROPN
ajeer-2399	125	4	(	(	PUNCT
ajeer-2399	125	5	2004	2004	NUM
ajeer-2399	125	6	)	)	PUNCT
ajeer-2399	125	7	and	and	CCONJ
ajeer-2399	125	8	moon	moon	PROPN
ajeer-2399	125	9	and	and	CCONJ
ajeer-2399	125	10	perron	perron	PROPN
ajeer-2399	125	11	(	(	PUNCT
ajeer-2399	125	12	2007	2007	NUM
ajeer-2399	125	13	)	)	PUNCT
ajeer-2399	125	14	also	also	ADV
ajeer-2399	125	15	worked	work	VERB
ajeer-2399	125	16	on	on	ADP
ajeer-2399	125	17	nonstationary	nonstationary	ADJ
ajeer-2399	125	18	series	series	NOUN
ajeer-2399	125	19	in	in	ADP
ajeer-2399	125	20	estimating	estimate	VERB
ajeer-2399	125	21	common	common	ADJ
ajeer-2399	125	22	factors	factor	NOUN
ajeer-2399	125	23	using	use	VERB
ajeer-2399	125	24	the	the	DET
ajeer-2399	125	25	dynamic	dynamic	ADJ
ajeer-2399	125	26	factor	factor	NOUN
ajeer-2399	125	27	model	model	NOUN
ajeer-2399	125	28	.	.	PUNCT
ajeer-2399	126	1	an	an	DET
ajeer-2399	126	2	additional	additional	ADJ
ajeer-2399	126	3	issue	issue	NOUN
ajeer-2399	126	4	concerns	concern	VERB
ajeer-2399	126	5	the	the	DET
ajeer-2399	126	6	measurement	measurement	NOUN
ajeer-2399	126	7	unit	unit	NOUN
ajeer-2399	126	8	.	.	PUNCT
ajeer-2399	127	1	the	the	DET
ajeer-2399	127	2	process	process	NOUN
ajeer-2399	127	3	involved	involve	VERB
ajeer-2399	127	4	using	use	VERB
ajeer-2399	127	5	data	datum	NOUN
ajeer-2399	127	6	normalization	normalization	NOUN
ajeer-2399	127	7	,	,	PUNCT
ajeer-2399	127	8	or	or	CCONJ
ajeer-2399	127	9	standardization	standardization	NOUN
ajeer-2399	127	10	,	,	PUNCT
ajeer-2399	127	11	in	in	ADP
ajeer-2399	127	12	combining	combine	VERB
ajeer-2399	127	13	a	a	DET
ajeer-2399	127	14	group	group	NOUN
ajeer-2399	127	15	of	of	ADP
ajeer-2399	127	16	variables	variable	NOUN
ajeer-2399	127	17	into	into	ADP
ajeer-2399	127	18	a	a	DET
ajeer-2399	127	19	single	single	ADJ
ajeer-2399	127	20	index	index	NOUN
ajeer-2399	127	21	(	(	PUNCT
ajeer-2399	127	22	altissimo	altissimo	PROPN
ajeer-2399	127	23	.	.	PUNCT
ajeer-2399	127	24	et	et	PROPN
ajeer-2399	127	25	al	al	PROPN
ajeer-2399	127	26	.	.	PROPN
ajeer-2399	127	27	,	,	PUNCT
ajeer-2399	127	28	2001	2001	NUM
ajeer-2399	127	29	;	;	PUNCT
ajeer-2399	127	30	freudenberg	freudenberg	PROPN
ajeer-2399	127	31	,	,	PUNCT
ajeer-2399	127	32	2003	2003	NUM
ajeer-2399	127	33	)	)	PUNCT
ajeer-2399	127	34	,	,	PUNCT
ajeer-2399	127	35	and	and	CCONJ
ajeer-2399	127	36	freudenberg	freudenberg	PROPN
ajeer-2399	127	37	(	(	PUNCT
ajeer-2399	127	38	2003	2003	NUM
ajeer-2399	127	39	)	)	PUNCT
ajeer-2399	127	40	mentioned	mention	VERB
ajeer-2399	127	41	various	various	ADJ
ajeer-2399	127	42	normalization	normalization	NOUN
ajeer-2399	127	43	methods	method	NOUN
ajeer-2399	127	44	.	.	PUNCT
ajeer-2399	128	1	as	as	SCONJ
ajeer-2399	128	2	the	the	DET
ajeer-2399	128	3	coincident	coincident	ADJ
ajeer-2399	128	4	indicator	indicator	NOUN
ajeer-2399	128	5	is	be	AUX
ajeer-2399	128	6	unit	unit	NOUN
ajeer-2399	128	7	-	-	PUNCT
ajeer-2399	128	8	free	free	ADJ
ajeer-2399	128	9	by	by	ADP
ajeer-2399	128	10	its	its	PRON
ajeer-2399	128	11	construction	construction	NOUN
ajeer-2399	128	12	,	,	PUNCT
ajeer-2399	128	13	it	it	PRON
ajeer-2399	128	14	causes	cause	VERB
ajeer-2399	128	15	a	a	DET
ajeer-2399	128	16	problem	problem	NOUN
ajeer-2399	128	17	for	for	ADP
ajeer-2399	128	18	interpretation	interpretation	NOUN
ajeer-2399	128	19	.	.	PUNCT
ajeer-2399	129	1	(	(	PUNCT
ajeer-2399	129	2	mariano	mariano	PROPN
ajeer-2399	129	3	&	&	CCONJ
ajeer-2399	129	4	murasawa	murasawa	PROPN
ajeer-2399	129	5	,	,	PUNCT
ajeer-2399	129	6	2003	2003	NUM
ajeer-2399	129	7	)	)	PUNCT
ajeer-2399	129	8	pointed	point	VERB
ajeer-2399	129	9	out	out	ADP
ajeer-2399	129	10	a	a	DET
ajeer-2399	129	11	shortcoming	shortcoming	NOUN
ajeer-2399	129	12	of	of	ADP
ajeer-2399	129	13	an	an	DET
ajeer-2399	129	14	economic	economic	ADJ
ajeer-2399	129	15	interpretation	interpretation	NOUN
ajeer-2399	129	16	of	of	ADP
ajeer-2399	129	17	the	the	DET
ajeer-2399	129	18	standard	standard	ADJ
ajeer-2399	129	19	coincident	coincident	ADJ
ajeer-2399	129	20	index	index	NOUN
ajeer-2399	129	21	.	.	PUNCT
ajeer-2399	130	1	lastly	lastly	ADV
ajeer-2399	130	2	,	,	PUNCT
ajeer-2399	130	3	the	the	DET
ajeer-2399	130	4	study	study	NOUN
ajeer-2399	130	5	implements	implement	VERB
ajeer-2399	130	6	the	the	DET
ajeer-2399	130	7	kalman	kalman	NOUN
ajeer-2399	130	8	filter	filter	NOUN
ajeer-2399	130	9	using	use	VERB
ajeer-2399	130	10	linearity	linearity	NOUN
ajeer-2399	130	11	and	and	CCONJ
ajeer-2399	130	12	normality	normality	NOUN
ajeer-2399	130	13	assumptions	assumption	NOUN
ajeer-2399	130	14	.	.	PUNCT
ajeer-2399	131	1	many	many	ADJ
ajeer-2399	131	2	studies	study	NOUN
ajeer-2399	131	3	assumed	assume	VERB
ajeer-2399	131	4	the	the	DET
ajeer-2399	131	5	linear	linear	PROPN
ajeer-2399	131	6	projection	projection	NOUN
ajeer-2399	131	7	of	of	ADP
ajeer-2399	131	8	the	the	DET
ajeer-2399	131	9	coincident	coincident	ADJ
ajeer-2399	131	10	indicator	indicator	NOUN
ajeer-2399	131	11	for	for	ADP
ajeer-2399	131	12	simplicity	simplicity	NOUN
ajeer-2399	131	13	;	;	PUNCT
ajeer-2399	131	14	however	however	ADV
ajeer-2399	131	15	,	,	PUNCT
ajeer-2399	131	16	if	if	SCONJ
ajeer-2399	131	17	the	the	DET
ajeer-2399	131	18	function	function	NOUN
ajeer-2399	131	19	is	be	AUX
ajeer-2399	131	20	non	non	ADJ
ajeer-2399	131	21	-	-	ADJ
ajeer-2399	131	22	linear	linear	ADJ
ajeer-2399	131	23	,	,	PUNCT
ajeer-2399	131	24	this	this	PRON
ajeer-2399	131	25	creates	create	VERB
ajeer-2399	131	26	the	the	DET
ajeer-2399	131	27	misspecification	misspecification	NOUN
ajeer-2399	131	28	of	of	ADP
ajeer-2399	131	29	the	the	DET
ajeer-2399	131	30	functional	functional	ADJ
ajeer-2399	131	31	form	form	NOUN
ajeer-2399	131	32	,	,	PUNCT
ajeer-2399	131	33	so	so	SCONJ
ajeer-2399	131	34	weights	weight	NOUN
ajeer-2399	131	35	would	would	AUX
ajeer-2399	131	36	not	not	PART
ajeer-2399	131	37	only	only	ADV
ajeer-2399	131	38	be	be	AUX
ajeer-2399	131	39	inconsistent	inconsistent	ADJ
ajeer-2399	131	40	,	,	PUNCT
ajeer-2399	131	41	but	but	CCONJ
ajeer-2399	131	42	also	also	ADV
ajeer-2399	131	43	biased	bias	VERB
ajeer-2399	131	44	.	.	PUNCT
ajeer-2399	132	1	with	with	ADP
ajeer-2399	132	2	unknown	unknown	ADJ
ajeer-2399	132	3	parameters	parameter	NOUN
ajeer-2399	132	4	,	,	PUNCT
ajeer-2399	132	5	the	the	DET
ajeer-2399	132	6	model	model	NOUN
ajeer-2399	132	7	would	would	AUX
ajeer-2399	132	8	become	become	VERB
ajeer-2399	132	9	non	non	ADJ
ajeer-2399	132	10	-	-	ADJ
ajeer-2399	132	11	linear	linear	ADJ
ajeer-2399	132	12	when	when	SCONJ
ajeer-2399	132	13	expressing	express	VERB
ajeer-2399	132	14	in	in	ADP
ajeer-2399	132	15	the	the	DET
ajeer-2399	132	16	state	state	NOUN
ajeer-2399	132	17	-	-	PUNCT
ajeer-2399	132	18	space	space	NOUN
ajeer-2399	132	19	form	form	NOUN
ajeer-2399	132	20	(	(	PUNCT
ajeer-2399	132	21	murphy	murphy	NOUN
ajeer-2399	132	22	,	,	PUNCT
ajeer-2399	132	23	2012	2012	NUM
ajeer-2399	132	24	)	)	PUNCT
ajeer-2399	132	25	.	.	PUNCT
ajeer-2399	133	1	other	other	ADJ
ajeer-2399	133	2	versions	version	NOUN
ajeer-2399	133	3	of	of	ADP
ajeer-2399	133	4	kalman	kalman	NOUN
ajeer-2399	133	5	filters	filter	NOUN
ajeer-2399	133	6	have	have	AUX
ajeer-2399	133	7	been	be	AUX
ajeer-2399	133	8	initiated	initiate	VERB
ajeer-2399	133	9	to	to	PART
ajeer-2399	133	10	deal	deal	VERB
ajeer-2399	133	11	with	with	ADP
ajeer-2399	133	12	the	the	DET
ajeer-2399	133	13	nonlinear	nonlinear	ADJ
ajeer-2399	133	14	system	system	NOUN
ajeer-2399	133	15	,	,	PUNCT
ajeer-2399	133	16	for	for	ADP
ajeer-2399	133	17	example	example	NOUN
ajeer-2399	133	18	,	,	PUNCT
ajeer-2399	133	19	the	the	DET
ajeer-2399	133	20	extended	extended	ADJ
ajeer-2399	133	21	kalman	kalman	NOUN
ajeer-2399	133	22	filter	filter	PROPN
ajeer-2399	133	23	(	(	PUNCT
ajeer-2399	133	24	ekf	ekf	PROPN
ajeer-2399	133	25	)	)	PUNCT
ajeer-2399	133	26	and	and	CCONJ
ajeer-2399	133	27	unscented	unscente	VERB
ajeer-2399	133	28	kalman	kalman	PROPN
ajeer-2399	133	29	filter	filter	PROPN
ajeer-2399	133	30	(	(	PUNCT
ajeer-2399	133	31	ukf	ukf	PROPN
ajeer-2399	133	32	)	)	PUNCT
ajeer-2399	133	33	.	.	PUNCT
ajeer-2399	134	1	the	the	DET
ajeer-2399	134	2	intuition	intuition	NOUN
ajeer-2399	134	3	of	of	ADP
ajeer-2399	134	4	the	the	DET
ajeer-2399	134	5	ekf	ekf	NOUN
ajeer-2399	134	6	is	be	AUX
ajeer-2399	134	7	linearization	linearization	NOUN
ajeer-2399	134	8	of	of	ADP
ajeer-2399	134	9	the	the	DET
ajeer-2399	134	10	function	function	NOUN
ajeer-2399	134	11	using	use	VERB
ajeer-2399	134	12	the	the	DET
ajeer-2399	134	13	taylor	taylor	PROPN
ajeer-2399	134	14	series	series	NOUN
ajeer-2399	134	15	and	and	CCONJ
ajeer-2399	134	16	applies	apply	VERB
ajeer-2399	134	17	the	the	DET
ajeer-2399	134	18	standard	standard	ADJ
ajeer-2399	134	19	kalman	kalman	NOUN
ajeer-2399	134	20	filter	filter	NOUN
ajeer-2399	134	21	to	to	PART
ajeer-2399	134	22	solve	solve	VERB
ajeer-2399	134	23	the	the	DET
ajeer-2399	134	24	systems	system	NOUN
ajeer-2399	134	25	.	.	PUNCT
ajeer-2399	135	1	the	the	DET
ajeer-2399	135	2	performance	performance	NOUN
ajeer-2399	135	3	of	of	ADP
ajeer-2399	135	4	the	the	DET
ajeer-2399	135	5	ekf	ekf	NOUN
ajeer-2399	135	6	could	could	AUX
ajeer-2399	135	7	improve	improve	VERB
ajeer-2399	135	8	through	through	ADP
ajeer-2399	135	9	the	the	DET
ajeer-2399	135	10	iteration	iteration	NOUN
ajeer-2399	135	11	process	process	NOUN
ajeer-2399	135	12	.	.	PUNCT
ajeer-2399	136	1	however	however	ADV
ajeer-2399	136	2	,	,	PUNCT
ajeer-2399	136	3	it	it	PRON
ajeer-2399	136	4	performed	perform	VERB
ajeer-2399	136	5	poorly	poorly	ADV
ajeer-2399	136	6	for	for	ADP
ajeer-2399	136	7	prior	prior	ADJ
ajeer-2399	136	8	large	large	ADJ
ajeer-2399	136	9	covariance	covariance	NOUN
ajeer-2399	136	10	and	and	CCONJ
ajeer-2399	136	11	function	function	NOUN
ajeer-2399	136	12	that	that	PRON
ajeer-2399	136	13	was	be	AUX
ajeer-2399	136	14	highly	highly	ADV
ajeer-2399	136	15	non	non	ADJ
ajeer-2399	136	16	-	-	ADJ
ajeer-2399	136	17	linear	linear	ADJ
ajeer-2399	136	18	near	near	ADP
ajeer-2399	136	19	the	the	DET
ajeer-2399	136	20	current	current	ADJ
ajeer-2399	136	21	mean	mean	NOUN
ajeer-2399	136	22	(	(	PUNCT
ajeer-2399	136	23	murphy	murphy	NOUN
ajeer-2399	136	24	,	,	PUNCT
ajeer-2399	136	25	2012	2012	NUM
ajeer-2399	136	26	)	)	PUNCT
ajeer-2399	136	27	.	.	PUNCT
ajeer-2399	137	1	a	a	DET
ajeer-2399	137	2	better	well	ADJ
ajeer-2399	137	3	version	version	NOUN
ajeer-2399	137	4	is	be	AUX
ajeer-2399	137	5	the	the	DET
ajeer-2399	137	6	unscented	unscented	ADJ
ajeer-2399	137	7	kalman	kalman	NOUN
ajeer-2399	137	8	filter	filter	NOUN
ajeer-2399	137	9	,	,	PUNCT
ajeer-2399	137	10	proposed	propose	VERB
ajeer-2399	137	11	by	by	ADP
ajeer-2399	137	12	julier	julier	ADJ
ajeer-2399	137	13	and	and	CCONJ
ajeer-2399	137	14	uhlmann	uhlmann	PROPN
ajeer-2399	137	15	(	(	PUNCT
ajeer-2399	137	16	1997	1997	NUM
ajeer-2399	137	17	)	)	PUNCT
ajeer-2399	137	18	.	.	PUNCT
ajeer-2399	138	1	the	the	DET
ajeer-2399	138	2	ukf	ukf	PROPN
ajeer-2399	138	3	approximates	approximate	VERB
ajeer-2399	138	4	the	the	DET
ajeer-2399	138	5	gaussian	gaussian	ADJ
ajeer-2399	138	6	distribution	distribution	NOUN
ajeer-2399	138	7	using	use	VERB
ajeer-2399	138	8	the	the	DET
ajeer-2399	138	9	unscented	unscented	ADJ
ajeer-2399	138	10	transformation	transformation	NOUN
ajeer-2399	138	11	by	by	ADP
ajeer-2399	138	12	creating	create	VERB
ajeer-2399	138	13	several	several	ADJ
ajeer-2399	138	14	sample	sample	NOUN
ajeer-2399	138	15	points	point	NOUN
ajeer-2399	138	16	called	call	VERB
ajeer-2399	138	17	sigma	sigma	PROPN
ajeer-2399	138	18	points.9	points.9	PROPN
ajeer-2399	138	19	the	the	DET
ajeer-2399	138	20	ukf	ukf	NOUN
ajeer-2399	138	21	became	become	VERB
ajeer-2399	138	22	more	more	ADV
ajeer-2399	138	23	accurate	accurate	ADJ
ajeer-2399	138	24	than	than	ADP
ajeer-2399	138	25	the	the	DET
ajeer-2399	138	26	ekf	ekf	NOUN
ajeer-2399	138	27	in	in	ADP
ajeer-2399	138	28	capturing	capture	VERB
ajeer-2399	138	29	mean	mean	NOUN
ajeer-2399	138	30	and	and	CCONJ
ajeer-2399	138	31	covariance	covariance	NOUN
ajeer-2399	138	32	at	at	ADP
ajeer-2399	138	33	least	least	ADJ
ajeer-2399	138	34	to	to	ADP
ajeer-2399	138	35	the	the	DET
ajeer-2399	138	36	second	second	ADJ
ajeer-2399	138	37	order	order	NOUN
ajeer-2399	138	38	of	of	ADP
ajeer-2399	138	39	any	any	DET
ajeer-2399	138	40	non	non	ADJ
ajeer-2399	138	41	-	-	ADJ
ajeer-2399	138	42	linear	linear	ADJ
ajeer-2399	138	43	function	function	NOUN
ajeer-2399	138	44	(	(	PUNCT
ajeer-2399	138	45	murphy	murphy	NOUN
ajeer-2399	138	46	,	,	PUNCT
ajeer-2399	138	47	2012	2012	NUM
ajeer-2399	138	48	)	)	PUNCT
ajeer-2399	138	49	.	.	PUNCT
ajeer-2399	139	1	durbin	durbin	PROPN
ajeer-2399	139	2	and	and	CCONJ
ajeer-2399	139	3	koopman	koopman	PROPN
ajeer-2399	139	4	(	(	PUNCT
ajeer-2399	139	5	2012	2012	NUM
ajeer-2399	139	6	)	)	PUNCT
ajeer-2399	139	7	showed	show	VERB
ajeer-2399	139	8	that	that	SCONJ
ajeer-2399	139	9	the	the	DET
ajeer-2399	139	10	normality	normality	NOUN
ajeer-2399	139	11	assumption	assumption	NOUN
ajeer-2399	139	12	is	be	AUX
ajeer-2399	139	13	not	not	PART
ajeer-2399	139	14	necessary	necessary	ADJ
ajeer-2399	139	15	from	from	ADP
ajeer-2399	139	16	the	the	DET
ajeer-2399	139	17	minimum	minimum	ADJ
ajeer-2399	139	18	variance	variance	NOUN
ajeer-2399	139	19	linear	linear	ADJ
ajeer-2399	139	20	unbiased	unbiased	ADJ
ajeer-2399	139	21	estimation	estimation	NOUN
ajeer-2399	139	22	perspective	perspective	NOUN
ajeer-2399	139	23	.	.	PUNCT
ajeer-2399	140	1	3	3	X
ajeer-2399	140	2	.	.	X
ajeer-2399	140	3	methodology	methodology	NOUN
ajeer-2399	140	4	3.1	3.1	NUM
ajeer-2399	140	5	.	.	PUNCT
ajeer-2399	140	6	description	description	NOUN
ajeer-2399	140	7	of	of	ADP
ajeer-2399	140	8	data	datum	NOUN
ajeer-2399	140	9	with	with	ADP
ajeer-2399	140	10	economic	economic	ADJ
ajeer-2399	140	11	relevance	relevance	NOUN
ajeer-2399	140	12	to	to	ADP
ajeer-2399	140	13	the	the	DET
ajeer-2399	140	14	state	state	NOUN
ajeer-2399	140	15	of	of	ADP
ajeer-2399	140	16	the	the	DET
ajeer-2399	140	17	economy	economy	NOUN
ajeer-2399	141	1	,	,	PUNCT
ajeer-2399	141	2	this	this	DET
ajeer-2399	141	3	study	study	NOUN
ajeer-2399	141	4	used	use	VERB
ajeer-2399	141	5	monthly	monthly	ADJ
ajeer-2399	141	6	macroeconomic	macroeconomic	ADJ
ajeer-2399	141	7	and	and	CCONJ
ajeer-2399	141	8	banking	banking	NOUN
ajeer-2399	141	9	data	datum	NOUN
ajeer-2399	141	10	from	from	ADP
ajeer-2399	141	11	2010	2010	NUM
ajeer-2399	141	12	to	to	ADP
ajeer-2399	141	13	mid-2019	mid-2019	NOUN
ajeer-2399	141	14	,	,	PUNCT
ajeer-2399	141	15	to	to	PART
ajeer-2399	141	16	construct	construct	VERB
ajeer-2399	141	17	the	the	DET
ajeer-2399	141	18	coincident	coincident	ADJ
ajeer-2399	141	19	indicator.10	indicator.10	NOUN
ajeer-2399	141	20	these	these	DET
ajeer-2399	141	21	data	datum	NOUN
ajeer-2399	141	22	are	be	AUX
ajeer-2399	141	23	available	available	ADJ
ajeer-2399	141	24	on	on	ADP
ajeer-2399	141	25	the	the	DET
ajeer-2399	141	26	official	official	ADJ
ajeer-2399	141	27	website	website	NOUN
ajeer-2399	141	28	of	of	ADP
ajeer-2399	141	29	the	the	DET
ajeer-2399	141	30	ministry	ministry	PROPN
ajeer-2399	141	31	of	of	ADP
ajeer-2399	141	32	economy	economy	NOUN
ajeer-2399	141	33	and	and	CCONJ
ajeer-2399	141	34	finance	finance	NOUN
ajeer-2399	141	35	and	and	CCONJ
ajeer-2399	141	36	the	the	DET
ajeer-2399	141	37	national	national	PROPN
ajeer-2399	141	38	bank	bank	PROPN
ajeer-2399	141	39	of	of	ADP
ajeer-2399	141	40	cambodia	cambodia	PROPN
ajeer-2399	141	41	.	.	PUNCT
ajeer-2399	142	1	these	these	PRON
ajeer-2399	142	2	include	include	VERB
ajeer-2399	142	3	total	total	ADJ
ajeer-2399	142	4	bank	bank	NOUN
ajeer-2399	142	5	credits	credit	NOUN
ajeer-2399	142	6	(	(	PUNCT
ajeer-2399	142	7	y1	y1	NOUN
ajeer-2399	142	8	)	)	PUNCT
ajeer-2399	142	9	,	,	PUNCT
ajeer-2399	142	10	banks	bank	NOUN
ajeer-2399	142	11	lending	lend	VERB
ajeer-2399	142	12	to	to	ADP
ajeer-2399	142	13	the	the	DET
ajeer-2399	142	14	service	service	NOUN
ajeer-2399	142	15	-	-	PUNCT
ajeer-2399	142	16	related	relate	VERB
ajeer-2399	142	17	sectors	sector	NOUN
ajeer-2399	142	18	(	(	PUNCT
ajeer-2399	142	19	y2	y2	PROPN
ajeer-2399	142	20	)	)	PUNCT
ajeer-2399	142	21	,	,	PUNCT
ajeer-2399	142	22	banks	bank	NOUN
ajeer-2399	142	23	lending	lend	VERB
ajeer-2399	142	24	to	to	ADP
ajeer-2399	142	25	the	the	DET
ajeer-2399	142	26	manufacturing	manufacturing	NOUN
ajeer-2399	142	27	sector(y3	sector(y3	PROPN
ajeer-2399	142	28	)	)	PUNCT
ajeer-2399	142	29	,	,	PUNCT
ajeer-2399	142	30	banks	bank	NOUN
ajeer-2399	142	31	lending	lend	VERB
ajeer-2399	142	32	to	to	ADP
ajeer-2399	142	33	the	the	DET
ajeer-2399	142	34	retail	retail	ADJ
ajeer-2399	142	35	trade	trade	NOUN
ajeer-2399	142	36	sector	sector	NOUN
ajeer-2399	142	37	(	(	PUNCT
ajeer-2399	142	38	y4	y4	PROPN
ajeer-2399	142	39	)	)	PUNCT
ajeer-2399	142	40	,	,	PUNCT
ajeer-2399	142	41	banks	bank	NOUN
ajeer-2399	142	42	lending	lend	VERB
ajeer-2399	142	43	to	to	ADP
ajeer-2399	142	44	the	the	DET
ajeer-2399	142	45	wholesale	wholesale	ADJ
ajeer-2399	142	46	sector	sector	NOUN
ajeer-2399	142	47	(	(	PUNCT
ajeer-2399	142	48	y5	y5	NOUN
ajeer-2399	142	49	)	)	PUNCT
ajeer-2399	142	50	,	,	PUNCT
ajeer-2399	142	51	electricity	electricity	NOUN
ajeer-2399	142	52	supply	supply	NOUN
ajeer-2399	142	53	(	(	PUNCT
ajeer-2399	142	54	y6	y6	PROPN
ajeer-2399	142	55	)	)	PUNCT
ajeer-2399	142	56	,	,	PUNCT
ajeer-2399	142	57	export	export	NOUN
ajeer-2399	142	58	value	value	NOUN
ajeer-2399	142	59	(	(	PUNCT
ajeer-2399	142	60	y7	y7	PROPN
ajeer-2399	142	61	)	)	PUNCT
ajeer-2399	142	62	,	,	PUNCT
ajeer-2399	142	63	import	import	NOUN
ajeer-2399	142	64	value	value	NOUN
ajeer-2399	142	65	(	(	PUNCT
ajeer-2399	142	66	y8	y8	PROPN
ajeer-2399	142	67	)	)	PUNCT
ajeer-2399	142	68	,	,	PUNCT
ajeer-2399	142	69	corporate	corporate	ADJ
ajeer-2399	142	70	income	income	NOUN
ajeer-2399	142	71	or	or	CCONJ
ajeer-2399	142	72	profit	profit	NOUN
ajeer-2399	142	73	tax	tax	NOUN
ajeer-2399	142	74	(	(	PUNCT
ajeer-2399	142	75	y9	y9	PROPN
ajeer-2399	142	76	)	)	PUNCT
ajeer-2399	142	77	,	,	PUNCT
ajeer-2399	142	78	domestic	domestic	ADJ
ajeer-2399	142	79	value	value	NOUN
ajeer-2399	142	80	-	-	PUNCT
ajeer-2399	142	81	added	add	VERB
ajeer-2399	142	82	tax	tax	NOUN
ajeer-2399	142	83	(	(	PUNCT
ajeer-2399	142	84	y10	y10	NOUN
ajeer-2399	142	85	)	)	PUNCT
ajeer-2399	142	86	,	,	PUNCT
ajeer-2399	142	87	and	and	CCONJ
ajeer-2399	142	88	import	import	NOUN
ajeer-2399	142	89	value	value	NOUN
ajeer-2399	142	90	-	-	PUNCT
ajeer-2399	142	91	added	add	VERB
ajeer-2399	142	92	tax	tax	NOUN
ajeer-2399	142	93	(	(	PUNCT
ajeer-2399	142	94	y11	y11	NOUN
ajeer-2399	142	95	)	)	PUNCT
ajeer-2399	142	96	.	.	PUNCT
ajeer-2399	143	1	additionally	additionally	ADV
ajeer-2399	143	2	,	,	PUNCT
ajeer-2399	143	3	the	the	DET
ajeer-2399	143	4	study	study	NOUN
ajeer-2399	143	5	includes	include	VERB
ajeer-2399	143	6	exogenous	exogenous	ADJ
ajeer-2399	143	7	variables	variable	NOUN
ajeer-2399	143	8	,	,	PUNCT
ajeer-2399	143	9	such	such	ADJ
ajeer-2399	143	10	as	as	ADP
ajeer-2399	143	11	the	the	DET
ajeer-2399	143	12	official	official	ADJ
ajeer-2399	143	13	exchange	exchange	NOUN
ajeer-2399	143	14	rate	rate	NOUN
ajeer-2399	143	15	(	(	PUNCT
ajeer-2399	143	16	z1	z1	NOUN
ajeer-2399	143	17	)	)	PUNCT
ajeer-2399	143	18	,	,	PUNCT
ajeer-2399	143	19	money	money	NOUN
ajeer-2399	143	20	supply	supply	NOUN
ajeer-2399	143	21	(	(	PUNCT
ajeer-2399	143	22	z2	z2	NOUN
ajeer-2399	143	23	)	)	PUNCT
ajeer-2399	143	24	,	,	PUNCT
ajeer-2399	143	25	and	and	CCONJ
ajeer-2399	143	26	interest	interest	NOUN
ajeer-2399	143	27	rate	rate	NOUN
ajeer-2399	143	28	of	of	ADP
ajeer-2399	143	29	bank	bank	NOUN
ajeer-2399	143	30	lending	lending	NOUN
ajeer-2399	143	31	(	(	PUNCT
ajeer-2399	143	32	z3	z3	PROPN
ajeer-2399	143	33	)	)	PUNCT
ajeer-2399	143	34	.	.	PUNCT
ajeer-2399	144	1	the	the	DET
ajeer-2399	144	2	study	study	NOUN
ajeer-2399	144	3	treats	treat	VERB
ajeer-2399	144	4	data	datum	NOUN
ajeer-2399	144	5	in	in	ADP
ajeer-2399	144	6	the	the	DET
ajeer-2399	144	7	following	following	ADJ
ajeer-2399	144	8	manner	manner	NOUN
ajeer-2399	144	9	;	;	PUNCT
ajeer-2399	144	10	first	first	ADV
ajeer-2399	144	11	,	,	PUNCT
ajeer-2399	144	12	to	to	PART
ajeer-2399	144	13	reduce	reduce	VERB
ajeer-2399	144	14	the	the	DET
ajeer-2399	144	15	issue	issue	NOUN
ajeer-2399	144	16	of	of	ADP
ajeer-2399	144	17	irregular	irregular	ADJ
ajeer-2399	144	18	elements	element	NOUN
ajeer-2399	144	19	,	,	PUNCT
ajeer-2399	144	20	it	it	PRON
ajeer-2399	144	21	uses	use	VERB
ajeer-2399	144	22	seasonally	seasonally	ADV
ajeer-2399	144	23	adjusted	adjust	VERB
ajeer-2399	144	24	data11	data11	NOUN
ajeer-2399	144	25	,	,	PUNCT
ajeer-2399	144	26	next	next	ADV
ajeer-2399	144	27	,	,	PUNCT
ajeer-2399	144	28	the	the	DET
ajeer-2399	144	29	study	study	NOUN
ajeer-2399	144	30	proceeds	proceed	VERB
ajeer-2399	144	31	with	with	ADP
ajeer-2399	144	32	data	datum	NOUN
ajeer-2399	144	33	normalization.12	normalization.12	NOUN
ajeer-2399	144	34	a	a	PRON
ajeer-2399	144	35	standardized	standardized	ADJ
ajeer-2399	144	36	,	,	PUNCT
ajeer-2399	144	37	or	or	CCONJ
ajeer-2399	144	38	unit	unit	NOUN
ajeer-2399	144	39	-	-	PUNCT
ajeer-2399	144	40	free	free	ADJ
ajeer-2399	144	41	,	,	PUNCT
ajeer-2399	144	42	dataset	dataset	NOUN
ajeer-2399	144	43	plays	play	VERB
ajeer-2399	144	44	a	a	DET
ajeer-2399	144	45	crucial	crucial	ADJ
ajeer-2399	144	46	role	role	NOUN
ajeer-2399	144	47	in	in	ADP
ajeer-2399	144	48	combining	combine	VERB
ajeer-2399	144	49	multiple	multiple	ADJ
ajeer-2399	144	50	variables	variable	NOUN
ajeer-2399	144	51	into	into	ADP
ajeer-2399	144	52	a	a	DET
ajeer-2399	144	53	single	single	ADJ
ajeer-2399	144	54	index	index	NOUN
ajeer-2399	144	55	;	;	PUNCT
ajeer-2399	144	56	otherwise	otherwise	ADV
ajeer-2399	144	57	,	,	PUNCT
ajeer-2399	144	58	the	the	DET
ajeer-2399	144	59	weights	weight	NOUN
ajeer-2399	144	60	will	will	AUX
ajeer-2399	144	61	be	be	AUX
ajeer-2399	144	62	biased	bias	VERB
ajeer-2399	144	63	(	(	PUNCT
ajeer-2399	144	64	altissimo	altissimo	X
ajeer-2399	144	65	.	.	PUNCT
ajeer-2399	145	1	et	et	PROPN
ajeer-2399	145	2	al	al	PROPN
ajeer-2399	145	3	.	.	PROPN
ajeer-2399	145	4	,	,	PUNCT
ajeer-2399	145	5	2001	2001	NUM
ajeer-2399	145	6	;	;	PUNCT
ajeer-2399	145	7	freudenberg	freudenberg	PROPN
ajeer-2399	145	8	,	,	PUNCT
ajeer-2399	145	9	2003	2003	NUM
ajeer-2399	145	10	)	)	PUNCT
ajeer-2399	145	11	.	.	PUNCT
ajeer-2399	146	1	lastly	lastly	ADV
ajeer-2399	146	2	,	,	PUNCT
ajeer-2399	146	3	it	it	PRON
ajeer-2399	146	4	uses	use	VERB
ajeer-2399	146	5	non	non	ADJ
ajeer-2399	146	6	-	-	ADJ
ajeer-2399	146	7	stationary	stationary	ADJ
ajeer-2399	146	8	data	datum	NOUN
ajeer-2399	146	9	to	to	PART
ajeer-2399	146	10	extract	extract	VERB
ajeer-2399	146	11	the	the	DET
ajeer-2399	146	12	common	common	ADJ
ajeer-2399	146	13	factor.13	factor.13	NOUN
ajeer-2399	146	14	since	since	SCONJ
ajeer-2399	146	15	many	many	ADJ
ajeer-2399	146	16	macroeconomic	macroeconomic	ADJ
ajeer-2399	146	17	variables	variable	NOUN
ajeer-2399	146	18	comove	comove	VERB
ajeer-2399	146	19	with	with	ADP
ajeer-2399	146	20	the	the	DET
ajeer-2399	146	21	state	state	NOUN
ajeer-2399	146	22	of	of	ADP
ajeer-2399	146	23	the	the	DET
ajeer-2399	146	24	economy	economy	NOUN
ajeer-2399	146	25	in	in	ADP
ajeer-2399	146	26	the	the	DET
ajeer-2399	146	27	long	long	ADJ
ajeer-2399	146	28	term	term	NOUN
ajeer-2399	146	29	,	,	PUNCT
ajeer-2399	146	30	allowing	allow	VERB
ajeer-2399	146	31	for	for	ADP
ajeer-2399	146	32	the	the	DET
ajeer-2399	146	33	common	common	ADJ
ajeer-2399	146	34	trend	trend	NOUN
ajeer-2399	146	35	is	be	AUX
ajeer-2399	146	36	better	well	ADJ
ajeer-2399	146	37	than	than	ADP
ajeer-2399	146	38	ignoring	ignore	VERB
ajeer-2399	146	39	the	the	DET
ajeer-2399	146	40	cointegration	cointegration	NOUN
ajeer-2399	146	41	.	.	PUNCT
ajeer-2399	147	1	corona	corona	NOUN
ajeer-2399	147	2	et	et	PROPN
ajeer-2399	147	3	al	al	PROPN
ajeer-2399	147	4	.	.	PROPN
ajeer-2399	147	5	(	(	PUNCT
ajeer-2399	147	6	2020	2020	NUM
ajeer-2399	147	7	)	)	PUNCT
ajeer-2399	147	8	showed	show	VERB
ajeer-2399	147	9	that	that	SCONJ
ajeer-2399	147	10	combining	combine	VERB
ajeer-2399	147	11	principal	principal	ADJ
ajeer-2399	147	12	components	component	NOUN
ajeer-2399	147	13	and	and	CCONJ
ajeer-2399	147	14	the	the	DET
ajeer-2399	147	15	kalman	kalman	PROPN
ajeer-2399	147	16	filter	filter	NOUN
ajeer-2399	147	17	to	to	PART
ajeer-2399	147	18	extract	extract	VERB
ajeer-2399	147	19	the	the	DET
ajeer-2399	147	20	common	common	ADJ
ajeer-2399	147	21	factors	factor	NOUN
ajeer-2399	147	22	,	,	PUNCT
ajeer-2399	147	23	using	use	VERB
ajeer-2399	147	24	the	the	DET
ajeer-2399	147	25	original	original	ADJ
ajeer-2399	147	26	series	series	NOUN
ajeer-2399	147	27	could	could	AUX
ajeer-2399	147	28	improve	improve	VERB
ajeer-2399	147	29	the	the	DET
ajeer-2399	147	30	estimation	estimation	NOUN
ajeer-2399	147	31	than	than	ADP
ajeer-2399	147	32	differencing	difference	VERB
ajeer-2399	147	33	the	the	DET
ajeer-2399	147	34	series	series	NOUN
ajeer-2399	147	35	when	when	SCONJ
ajeer-2399	147	36	cointegration	cointegration	NOUN
ajeer-2399	147	37	exists	exist	VERB
ajeer-2399	147	38	in	in	ADP
ajeer-2399	147	39	the	the	DET
ajeer-2399	147	40	finite	finite	ADJ
ajeer-2399	147	41	sample	sample	NOUN
ajeer-2399	147	42	.	.	PUNCT
ajeer-2399	148	1	in	in	ADP
ajeer-2399	148	2	the	the	DET
ajeer-2399	148	3	first	first	ADJ
ajeer-2399	148	4	step	step	NOUN
ajeer-2399	148	5	,	,	PUNCT
ajeer-2399	148	6	it	it	PRON
ajeer-2399	148	7	used	use	VERB
ajeer-2399	148	8	the	the	DET
ajeer-2399	148	9	principal	principal	ADJ
ajeer-2399	148	10	components	component	NOUN
ajeer-2399	148	11	to	to	PART
ajeer-2399	148	12	estimate	estimate	VERB
ajeer-2399	148	13	the	the	DET
ajeer-2399	148	14	initial	initial	ADJ
ajeer-2399	148	15	unobserved	unobserved	ADJ
ajeer-2399	148	16	state	state	NOUN
ajeer-2399	148	17	.	.	PUNCT
ajeer-2399	149	1	the	the	DET
ajeer-2399	149	2	first	first	ADJ
ajeer-2399	149	3	principal	principal	ADJ
ajeer-2399	149	4	component	component	NOUN
ajeer-2399	149	5	captured	capture	VERB
ajeer-2399	149	6	the	the	DET
ajeer-2399	149	7	highest	high	ADJ
ajeer-2399	149	8	proportion	proportion	NOUN
ajeer-2399	149	9	of	of	ADP
ajeer-2399	149	10	the	the	DET
ajeer-2399	149	11	variation	variation	NOUN
ajeer-2399	149	12	of	of	ADP
ajeer-2399	149	13	the	the	DET
ajeer-2399	149	14	series	series	NOUN
ajeer-2399	149	15	(	(	PUNCT
ajeer-2399	149	16	about	about	ADV
ajeer-2399	149	17	94	94	NUM
ajeer-2399	149	18	%	%	NOUN
ajeer-2399	149	19	of	of	ADP
ajeer-2399	149	20	the	the	DET
ajeer-2399	149	21	total	total	ADJ
ajeer-2399	149	22	proportion	proportion	NOUN
ajeer-2399	149	23	)	)	PUNCT
ajeer-2399	149	24	.	.	PUNCT
ajeer-2399	150	1	the	the	DET
ajeer-2399	150	2	use	use	NOUN
ajeer-2399	150	3	of	of	ADP
ajeer-2399	150	4	principal	principal	ADJ
ajeer-2399	150	5	components	component	NOUN
ajeer-2399	150	6	improved	improve	VERB
ajeer-2399	150	7	the	the	DET
ajeer-2399	150	8	estimation	estimation	NOUN
ajeer-2399	150	9	of	of	ADP
ajeer-2399	150	10	common	common	ADJ
ajeer-2399	150	11	factors	factor	NOUN
ajeer-2399	150	12	substantially	substantially	ADV
ajeer-2399	150	13	in	in	ADP
ajeer-2399	150	14	the	the	DET
ajeer-2399	150	15	dynamic	dynamic	ADJ
ajeer-2399	150	16	factor	factor	NOUN
ajeer-2399	150	17	model	model	NOUN
ajeer-2399	150	18	,	,	PUNCT
ajeer-2399	150	19	especially	especially	ADV
ajeer-2399	150	20	for	for	ADP
ajeer-2399	150	21	the	the	DET
ajeer-2399	150	22	extraction	extraction	NOUN
ajeer-2399	150	23	of	of	ADP
ajeer-2399	150	24	small	small	ADJ
ajeer-2399	150	25	common	common	ADJ
ajeer-2399	150	26	factors	factor	NOUN
ajeer-2399	150	27	(	(	PUNCT
ajeer-2399	150	28	giannone	giannone	NOUN
ajeer-2399	150	29	et	et	PROPN
ajeer-2399	150	30	al	al	PROPN
ajeer-2399	150	31	.	.	PROPN
ajeer-2399	150	32	,	,	PUNCT
ajeer-2399	150	33	2008	2008	NUM
ajeer-2399	150	34	;	;	PUNCT
ajeer-2399	150	35	stock	stock	NOUN
ajeer-2399	150	36	&	&	CCONJ
ajeer-2399	150	37	watson	watson	PROPN
ajeer-2399	150	38	,	,	PUNCT
ajeer-2399	150	39	2011	2011	NUM
ajeer-2399	150	40	)	)	PUNCT
ajeer-2399	150	41	.	.	PUNCT
ajeer-2399	151	1	3.2	3.2	NUM
ajeer-2399	151	2	.	.	PUNCT
ajeer-2399	151	3	model	model	NOUN
ajeer-2399	151	4	specification	specification	NOUN
ajeer-2399	151	5	the	the	DET
ajeer-2399	151	6	study	study	NOUN
ajeer-2399	151	7	follows	follow	VERB
ajeer-2399	151	8	the	the	DET
ajeer-2399	151	9	state	state	NOUN
ajeer-2399	151	10	-	-	PUNCT
ajeer-2399	151	11	space	space	NOUN
ajeer-2399	151	12	or	or	CCONJ
ajeer-2399	151	13	dynamic	dynamic	ADJ
ajeer-2399	151	14	factor	factor	NOUN
ajeer-2399	151	15	model	model	NOUN
ajeer-2399	151	16	.	.	PUNCT
ajeer-2399	152	1	estimating	estimate	VERB
ajeer-2399	152	2	the	the	DET
ajeer-2399	152	3	unobserved	unobserved	ADJ
ajeer-2399	152	4	state	state	NOUN
ajeer-2399	152	5	follows	follow	VERB
ajeer-2399	152	6	the	the	DET
ajeer-2399	152	7	twostep	twostep	NOUN
ajeer-2399	152	8	procedure	procedure	NOUN
ajeer-2399	152	9	proposed	propose	VERB
ajeer-2399	152	10	by	by	ADP
ajeer-2399	152	11	doz	doz	PROPN
ajeer-2399	152	12	et	et	PROPN
ajeer-2399	152	13	al	al	PROPN
ajeer-2399	152	14	.	.	PROPN
ajeer-2399	153	1	(	(	PUNCT
ajeer-2399	153	2	2011	2011	NUM
ajeer-2399	153	3	)	)	PUNCT
ajeer-2399	153	4	.	.	PUNCT
ajeer-2399	154	1	they	they	PRON
ajeer-2399	154	2	showed	show	VERB
ajeer-2399	154	3	that	that	SCONJ
ajeer-2399	154	4	this	this	DET
ajeer-2399	154	5	hybrid	hybrid	ADJ
ajeer-2399	154	6	approach	approach	NOUN
ajeer-2399	154	7	yields	yield	VERB
ajeer-2399	154	8	consistent	consistent	ADJ
ajeer-2399	154	9	estimators	estimator	NOUN
ajeer-2399	154	10	7	7	NUM
ajeer-2399	154	11	poncela	poncela	NOUN
ajeer-2399	154	12	and	and	CCONJ
ajeer-2399	154	13	ruiz	ruiz	NOUN
ajeer-2399	154	14	(	(	PUNCT
ajeer-2399	154	15	2012	2012	NUM
ajeer-2399	154	16	)	)	PUNCT
ajeer-2399	154	17	used	use	VERB
ajeer-2399	154	18	sample	sample	NOUN
ajeer-2399	154	19	sizes	size	NOUN
ajeer-2399	154	20	(	(	PUNCT
ajeer-2399	154	21	t	t	NOUN
ajeer-2399	154	22	)	)	PUNCT
ajeer-2399	154	23	between	between	ADP
ajeer-2399	154	24	100	100	NUM
ajeer-2399	154	25	and	and	CCONJ
ajeer-2399	154	26	200	200	NUM
ajeer-2399	154	27	in	in	ADP
ajeer-2399	154	28	their	their	PRON
ajeer-2399	154	29	simulation	simulation	NOUN
ajeer-2399	154	30	.	.	PUNCT
ajeer-2399	154	31	8	8	NUM
ajeer-2399	154	32	if	if	SCONJ
ajeer-2399	154	33	cointegration	cointegration	NOUN
ajeer-2399	154	34	exists	exist	VERB
ajeer-2399	154	35	between	between	ADP
ajeer-2399	154	36	the	the	DET
ajeer-2399	154	37	state	state	NOUN
ajeer-2399	154	38	and	and	CCONJ
ajeer-2399	154	39	observed	observed	ADJ
ajeer-2399	154	40	variables	variable	NOUN
ajeer-2399	154	41	,	,	PUNCT
ajeer-2399	154	42	the	the	DET
ajeer-2399	154	43	error	error	NOUN
ajeer-2399	154	44	is	be	AUX
ajeer-2399	154	45	stationary	stationary	ADJ
ajeer-2399	154	46	.	.	PUNCT
ajeer-2399	155	1	in	in	ADP
ajeer-2399	155	2	this	this	DET
ajeer-2399	155	3	case	case	NOUN
ajeer-2399	155	4	,	,	PUNCT
ajeer-2399	155	5	both	both	CCONJ
ajeer-2399	155	6	the	the	DET
ajeer-2399	155	7	state	state	NOUN
ajeer-2399	155	8	of	of	ADP
ajeer-2399	155	9	the	the	DET
ajeer-2399	155	10	economy	economy	NOUN
ajeer-2399	155	11	(	(	PUNCT
ajeer-2399	155	12	st	st	PROPN
ajeer-2399	155	13	)	)	PUNCT
ajeer-2399	155	14	and	and	CCONJ
ajeer-2399	155	15	observed	observed	ADJ
ajeer-2399	155	16	variables	variable	NOUN
ajeer-2399	155	17	(	(	PUNCT
ajeer-2399	155	18	yit	yit	NOUN
ajeer-2399	155	19	)	)	PUNCT
ajeer-2399	155	20	are	be	AUX
ajeer-2399	155	21	i(1	i(1	NOUN
ajeer-2399	155	22	)	)	PUNCT
ajeer-2399	155	23	,	,	PUNCT
ajeer-2399	155	24	while	while	SCONJ
ajeer-2399	155	25	the	the	DET
ajeer-2399	155	26	error	error	NOUN
ajeer-2399	155	27	(	(	PUNCT
ajeer-2399	155	28	uit	uit	NOUN
ajeer-2399	155	29	)	)	PUNCT
ajeer-2399	155	30	is	be	AUX
ajeer-2399	155	31	i(0	i(0	PROPN
ajeer-2399	155	32	)	)	PUNCT
ajeer-2399	155	33	.	.	PUNCT
ajeer-2399	156	1	9	9	NUM
ajeer-2399	156	2	see	see	VERB
ajeer-2399	156	3	:	:	PUNCT
ajeer-2399	156	4	wan	wan	PROPN
ajeer-2399	156	5	and	and	CCONJ
ajeer-2399	156	6	van	van	PROPN
ajeer-2399	156	7	der	der	PROPN
ajeer-2399	156	8	merwe	merwe	PROPN
ajeer-2399	156	9	(	(	PUNCT
ajeer-2399	156	10	2000	2000	NUM
ajeer-2399	156	11	):	):	PUNCT
ajeer-2399	156	12	the	the	DET
ajeer-2399	156	13	unscented	unscente	VERB
ajeer-2399	156	14	kalman	kalman	NOUN
ajeer-2399	156	15	filter	filter	NOUN
ajeer-2399	156	16	for	for	ADP
ajeer-2399	156	17	nonlinear	nonlinear	ADJ
ajeer-2399	156	18	estimation	estimation	NOUN
ajeer-2399	156	19	.	.	PUNCT
ajeer-2399	157	1	10	10	NUM
ajeer-2399	157	2	data	datum	NOUN
ajeer-2399	157	3	are	be	AUX
ajeer-2399	157	4	available	available	ADJ
ajeer-2399	157	5	from	from	ADP
ajeer-2399	157	6	2007	2007	NUM
ajeer-2399	157	7	to	to	ADP
ajeer-2399	157	8	the	the	DET
ajeer-2399	157	9	second	second	ADJ
ajeer-2399	157	10	quarter	quarter	NOUN
ajeer-2399	157	11	of	of	ADP
ajeer-2399	157	12	2019	2019	NUM
ajeer-2399	157	13	;	;	PUNCT
ajeer-2399	157	14	however	however	ADV
ajeer-2399	157	15	,	,	PUNCT
ajeer-2399	157	16	many	many	ADJ
ajeer-2399	157	17	missing	missing	ADJ
ajeer-2399	157	18	values	value	NOUN
ajeer-2399	157	19	may	may	AUX
ajeer-2399	157	20	affect	affect	VERB
ajeer-2399	157	21	the	the	DET
ajeer-2399	157	22	result	result	NOUN
ajeer-2399	157	23	,	,	PUNCT
ajeer-2399	157	24	so	so	CCONJ
ajeer-2399	157	25	the	the	DET
ajeer-2399	157	26	study	study	NOUN
ajeer-2399	157	27	only	only	ADV
ajeer-2399	157	28	selected	select	VERB
ajeer-2399	157	29	the	the	DET
ajeer-2399	157	30	period	period	NOUN
ajeer-2399	157	31	between	between	ADP
ajeer-2399	157	32	2010	2010	NUM
ajeer-2399	157	33	and	and	CCONJ
ajeer-2399	157	34	2019	2019	NUM
ajeer-2399	157	35	.	.	PUNCT
ajeer-2399	157	36	11	11	NUM
ajeer-2399	157	37	for	for	ADP
ajeer-2399	157	38	seasonal	seasonal	ADJ
ajeer-2399	157	39	adjustment	adjustment	NOUN
ajeer-2399	157	40	,	,	PUNCT
ajeer-2399	157	41	the	the	DET
ajeer-2399	157	42	data	datum	NOUN
ajeer-2399	157	43	used	use	VERB
ajeer-2399	157	44	the	the	DET
ajeer-2399	157	45	arima	arima	PROPN
ajeer-2399	157	46	(	(	PUNCT
ajeer-2399	157	47	x-13	x-13	PROPN
ajeer-2399	157	48	)	)	PUNCT
ajeer-2399	157	49	method	method	NOUN
ajeer-2399	157	50	,	,	PUNCT
ajeer-2399	157	51	which	which	PRON
ajeer-2399	157	52	is	be	AUX
ajeer-2399	157	53	available	available	ADJ
ajeer-2399	157	54	in	in	ADP
ajeer-2399	157	55	e	e	NOUN
ajeer-2399	157	56	-	-	NOUN
ajeer-2399	157	57	views	view	NOUN
ajeer-2399	157	58	.	.	PUNCT
ajeer-2399	158	1	12	12	NUM
ajeer-2399	158	2	data	datum	NOUN
ajeer-2399	158	3	normalization	normalization	NOUN
ajeer-2399	158	4	formula	formula	NOUN
ajeer-2399	158	5	:	:	PUNCT
ajeer-2399	158	6	yi	yi	PROPN
ajeer-2399	158	7	,	,	PUNCT
ajeer-2399	158	8	n	n	NOUN
ajeer-2399	158	9	=	=	SYM
ajeer-2399	158	10	yi	yi	PROPN
ajeer-2399	158	11	,	,	PUNCT
ajeer-2399	158	12	o−y̅i	o−y̅i	NOUN
ajeer-2399	158	13	δi	δi	X
ajeer-2399	158	14	;	;	PUNCT
ajeer-2399	158	15	where	where	SCONJ
ajeer-2399	158	16	𝑌𝑖,𝑛	𝑌𝑖,𝑛	PROPN
ajeer-2399	158	17	is	be	AUX
ajeer-2399	158	18	a	a	DET
ajeer-2399	158	19	new	new	ADJ
ajeer-2399	158	20	transform	transform	NOUN
ajeer-2399	158	21	variable	variable	NOUN
ajeer-2399	158	22	,	,	PUNCT
ajeer-2399	158	23	𝑌𝑖,𝑜	𝑌𝑖,𝑜	PROPN
ajeer-2399	158	24	is	be	AUX
ajeer-2399	158	25	the	the	DET
ajeer-2399	158	26	original	original	ADJ
ajeer-2399	158	27	variable	variable	NOUN
ajeer-2399	158	28	,	,	PUNCT
ajeer-2399	158	29	�	�	NOUN
ajeer-2399	158	30	̅	̅	NOUN
ajeer-2399	158	31	�	�	NOUN
ajeer-2399	158	32	𝑖	𝑖	NOUN
ajeer-2399	158	33	is	be	AUX
ajeer-2399	158	34	the	the	DET
ajeer-2399	158	35	mean	mean	NOUN
ajeer-2399	158	36	,	,	PUNCT
ajeer-2399	158	37	and	and	CCONJ
ajeer-2399	158	38	𝛿𝑖	𝛿𝑖	PROPN
ajeer-2399	158	39	is	be	AUX
ajeer-2399	158	40	the	the	DET
ajeer-2399	158	41	standard	standard	ADJ
ajeer-2399	158	42	deviation	deviation	NOUN
ajeer-2399	158	43	of	of	ADP
ajeer-2399	158	44	variable	variable	ADJ
ajeer-2399	158	45	i.	i.	NOUN
ajeer-2399	158	46	13	13	NUM
ajeer-2399	158	47	trend	trend	NOUN
ajeer-2399	158	48	and	and	CCONJ
ajeer-2399	158	49	seasonality	seasonality	NOUN
ajeer-2399	158	50	are	be	AUX
ajeer-2399	158	51	the	the	DET
ajeer-2399	158	52	main	main	ADJ
ajeer-2399	158	53	issues	issue	NOUN
ajeer-2399	158	54	of	of	ADP
ajeer-2399	158	55	non	non	ADJ
ajeer-2399	158	56	-	-	NOUN
ajeer-2399	158	57	stationarity	stationarity	NOUN
ajeer-2399	158	58	.	.	PUNCT
ajeer-2399	159	1	series	series	PROPN
ajeer-2399	159	2	are	be	AUX
ajeer-2399	159	3	stationary	stationary	ADJ
ajeer-2399	159	4	if	if	SCONJ
ajeer-2399	159	5	their	their	PRON
ajeer-2399	159	6	mean	mean	ADJ
ajeer-2399	159	7	,	,	PUNCT
ajeer-2399	159	8	variance	variance	NOUN
ajeer-2399	159	9	,	,	PUNCT
ajeer-2399	159	10	and	and	CCONJ
ajeer-2399	159	11	covariance	covariance	NOUN
ajeer-2399	159	12	are	be	AUX
ajeer-2399	159	13	constant	constant	ADJ
ajeer-2399	159	14	over	over	ADP
ajeer-2399	159	15	time	time	NOUN
ajeer-2399	159	16	.	.	PUNCT
ajeer-2399	160	1	asian	asian	ADJ
ajeer-2399	160	2	journal	journal	PROPN
ajeer-2399	160	3	of	of	ADP
ajeer-2399	160	4	economics	economic	NOUN
ajeer-2399	160	5	and	and	CCONJ
ajeer-2399	160	6	empirical	empirical	ADJ
ajeer-2399	160	7	research	research	NOUN
ajeer-2399	160	8	,	,	PUNCT
ajeer-2399	160	9	2020	2020	NUM
ajeer-2399	160	10	,	,	PUNCT
ajeer-2399	160	11	7(2	7(2	NUM
ajeer-2399	160	12	):	):	PUNCT
ajeer-2399	160	13	268	268	NUM
ajeer-2399	160	14	-	-	SYM
ajeer-2399	160	15	281	281	NUM
ajeer-2399	160	16	272	272	NUM
ajeer-2399	160	17	©	©	ADP
ajeer-2399	160	18	2020	2020	NUM
ajeer-2399	160	19	by	by	ADP
ajeer-2399	160	20	the	the	DET
ajeer-2399	160	21	authors	author	NOUN
ajeer-2399	160	22	;	;	PUNCT
ajeer-2399	160	23	licensee	licensee	PROPN
ajeer-2399	160	24	asian	asian	ADJ
ajeer-2399	160	25	online	online	PROPN
ajeer-2399	160	26	journal	journal	PROPN
ajeer-2399	160	27	publishing	publishing	NOUN
ajeer-2399	160	28	group	group	NOUN
ajeer-2399	160	29	of	of	ADP
ajeer-2399	160	30	common	common	ADJ
ajeer-2399	160	31	factors	factor	NOUN
ajeer-2399	160	32	in	in	ADP
ajeer-2399	160	33	the	the	DET
ajeer-2399	160	34	dynamic	dynamic	ADJ
ajeer-2399	160	35	factor	factor	NOUN
ajeer-2399	160	36	model	model	NOUN
ajeer-2399	160	37	when	when	SCONJ
ajeer-2399	160	38	cross	cross	ADJ
ajeer-2399	160	39	-	-	ADJ
ajeer-2399	160	40	sectional	sectional	ADJ
ajeer-2399	160	41	and	and	CCONJ
ajeer-2399	160	42	time	time	NOUN
ajeer-2399	160	43	domains	domain	NOUN
ajeer-2399	160	44	approach	approach	NOUN
ajeer-2399	160	45	infinity	infinity	NOUN
ajeer-2399	160	46	(	(	PUNCT
ajeer-2399	160	47	i	i	PROPN
ajeer-2399	160	48	,	,	PUNCT
ajeer-2399	160	49	t	t	PROPN
ajeer-2399	160	50	→	→	SYM
ajeer-2399	160	51	∞	∞	NUM
ajeer-2399	160	52	)	)	PUNCT
ajeer-2399	160	53	.	.	PUNCT
ajeer-2399	161	1	with	with	ADP
ajeer-2399	161	2	known	know	VERB
ajeer-2399	161	3	parameters	parameter	NOUN
ajeer-2399	161	4	and	and	CCONJ
ajeer-2399	161	5	mutual	mutual	ADJ
ajeer-2399	161	6	independence	independence	NOUN
ajeer-2399	161	7	of	of	ADP
ajeer-2399	161	8	the	the	DET
ajeer-2399	161	9	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	161	10	noises	noise	NOUN
ajeer-2399	161	11	,	,	PUNCT
ajeer-2399	161	12	the	the	DET
ajeer-2399	161	13	estimated	estimate	VERB
ajeer-2399	161	14	factors	factor	NOUN
ajeer-2399	161	15	were	be	AUX
ajeer-2399	161	16	unbiased	unbiased	ADJ
ajeer-2399	161	17	regardless	regardless	ADV
ajeer-2399	161	18	of	of	ADP
ajeer-2399	161	19	the	the	DET
ajeer-2399	161	20	number	number	NOUN
ajeer-2399	161	21	of	of	ADP
ajeer-2399	161	22	variables	variable	NOUN
ajeer-2399	161	23	used	use	VERB
ajeer-2399	161	24	(	(	PUNCT
ajeer-2399	161	25	poncela	poncela	PROPN
ajeer-2399	161	26	&	&	CCONJ
ajeer-2399	161	27	ruiz	ruiz	PROPN
ajeer-2399	161	28	,	,	PUNCT
ajeer-2399	161	29	2012	2012	NUM
ajeer-2399	161	30	)	)	PUNCT
ajeer-2399	161	31	.	.	PUNCT
ajeer-2399	162	1	the	the	DET
ajeer-2399	162	2	armax	armax	PROPN
ajeer-2399	162	3	linear	linear	PROPN
ajeer-2399	162	4	state	state	NOUN
ajeer-2399	162	5	-	-	PUNCT
ajeer-2399	162	6	space	space	NOUN
ajeer-2399	162	7	model	model	NOUN
ajeer-2399	162	8	can	can	AUX
ajeer-2399	162	9	be	be	AUX
ajeer-2399	162	10	written	write	VERB
ajeer-2399	162	11	as	as	ADP
ajeer-2399	162	12	:	:	PUNCT
ajeer-2399	162	13	yt	yt	PROPN
ajeer-2399	162	14	=	=	SYM
ajeer-2399	162	15	ρ	ρ	PROPN
ajeer-2399	162	16	t	t	PROPN
ajeer-2399	162	17	st	st	PROPN
ajeer-2399	163	1	+	+	NUM
ajeer-2399	163	2	αtzt	αtzt	NOUN
ajeer-2399	164	1	+	+	CCONJ
ajeer-2399	164	2	ut	ut	PROPN
ajeer-2399	164	3	;	;	PUNCT
ajeer-2399	164	4	(	(	PUNCT
ajeer-2399	164	5	1	1	X
ajeer-2399	164	6	)	)	PUNCT
ajeer-2399	164	7	st+1	st+1	NOUN
ajeer-2399	165	1	=	=	SYM
ajeer-2399	165	2	θtst	θtst	NOUN
ajeer-2399	165	3	+	+	CCONJ
ajeer-2399	165	4	vt	vt	PROPN
ajeer-2399	165	5	;	;	PUNCT
ajeer-2399	165	6	(	(	PUNCT
ajeer-2399	165	7	2	2	X
ajeer-2399	165	8	)	)	PUNCT
ajeer-2399	165	9	(	(	PUNCT
ajeer-2399	165	10	ut	ut	PROPN
ajeer-2399	165	11	vt	vt	PROPN
ajeer-2399	165	12	)	)	PUNCT
ajeer-2399	165	13	~(i	~(i	PROPN
ajeer-2399	165	14	.	.	PUNCT
ajeer-2399	166	1	i.	i.	PROPN
ajeer-2399	166	2	d	d	PROPN
ajeer-2399	166	3	)	)	PUNCT
ajeer-2399	167	1	n	n	CCONJ
ajeer-2399	167	2	(	(	PUNCT
ajeer-2399	167	3	[	[	PUNCT
ajeer-2399	167	4	0	0	NUM
ajeer-2399	167	5	0	0	NUM
ajeer-2399	167	6	]	]	PUNCT
ajeer-2399	167	7	;	;	PUNCT
ajeer-2399	167	8	[	[	PUNCT
ajeer-2399	167	9	rt	rt	NOUN
ajeer-2399	167	10	0	0	NUM
ajeer-2399	167	11	0	0	NUM
ajeer-2399	167	12	qt	qt	NOUN
ajeer-2399	167	13	]	]	PUNCT
ajeer-2399	167	14	)	)	PUNCT
ajeer-2399	167	15	yt	yt	PROPN
ajeer-2399	167	16	is	be	AUX
ajeer-2399	167	17	m	m	PROPN
ajeer-2399	167	18	×	×	NOUN
ajeer-2399	167	19	1	1	NUM
ajeer-2399	167	20	the	the	DET
ajeer-2399	167	21	vector	vector	NOUN
ajeer-2399	167	22	of	of	ADP
ajeer-2399	167	23	the	the	DET
ajeer-2399	167	24	observed	observed	ADJ
ajeer-2399	167	25	variable	variable	NOUN
ajeer-2399	167	26	.	.	PUNCT
ajeer-2399	168	1	st	st	PROPN
ajeer-2399	168	2	is	be	AUX
ajeer-2399	168	3	n	n	PRON
ajeer-2399	168	4	×	×	NOUN
ajeer-2399	168	5	1	1	NUM
ajeer-2399	168	6	the	the	DET
ajeer-2399	168	7	unobserved	unobserved	ADJ
ajeer-2399	168	8	state	state	NOUN
ajeer-2399	168	9	variable	variable	NOUN
ajeer-2399	168	10	.	.	PUNCT
ajeer-2399	169	1	zt	zt	PROPN
ajeer-2399	169	2	is	be	AUX
ajeer-2399	169	3	p	p	PROPN
ajeer-2399	169	4	×	×	PROPN
ajeer-2399	169	5	1	1	NUM
ajeer-2399	169	6	the	the	DET
ajeer-2399	169	7	vector	vector	NOUN
ajeer-2399	169	8	of	of	ADP
ajeer-2399	169	9	the	the	DET
ajeer-2399	169	10	exogenous	exogenous	ADJ
ajeer-2399	169	11	variable	variable	NOUN
ajeer-2399	169	12	.	.	PUNCT
ajeer-2399	170	1	ut	ut	PROPN
ajeer-2399	170	2	,	,	PUNCT
ajeer-2399	170	3	vt	vt	PROPN
ajeer-2399	170	4	are	be	AUX
ajeer-2399	170	5	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	170	6	noises	noise	NOUN
ajeer-2399	170	7	with	with	ADP
ajeer-2399	170	8	serially	serially	ADV
ajeer-2399	170	9	and	and	CCONJ
ajeer-2399	170	10	contemporaneous	contemporaneous	ADJ
ajeer-2399	170	11	independences	independence	NOUN
ajeer-2399	170	12	.	.	PUNCT
ajeer-2399	171	1	ρt	ρt	PROPN
ajeer-2399	171	2	is	be	AUX
ajeer-2399	171	3	m	m	PROPN
ajeer-2399	171	4	×	×	NOUN
ajeer-2399	171	5	n	n	CCONJ
ajeer-2399	171	6	,	,	PUNCT
ajeer-2399	171	7	αt	αt	PROPN
ajeer-2399	171	8	is	be	AUX
ajeer-2399	171	9	m	m	PROPN
ajeer-2399	171	10	×	×	NOUN
ajeer-2399	171	11	p	p	NOUN
ajeer-2399	171	12	,	,	PUNCT
ajeer-2399	171	13	and	and	CCONJ
ajeer-2399	171	14	θt	θt	PROPN
ajeer-2399	171	15	is	be	AUX
ajeer-2399	171	16	n	n	PRON
ajeer-2399	171	17	×	×	NOUN
ajeer-2399	171	18	n	n	PRON
ajeer-2399	171	19	matrices	matrix	NOUN
ajeer-2399	171	20	(	(	PUNCT
ajeer-2399	171	21	where	where	SCONJ
ajeer-2399	171	22	only	only	ADJ
ajeer-2399	171	23	α11	α11	NOUN
ajeer-2399	171	24	,	,	PUNCT
ajeer-2399	171	25	α12	α12	PROPN
ajeer-2399	171	26	,	,	PUNCT
ajeer-2399	171	27	α13	α13	PROPN
ajeer-2399	171	28	,	,	PUNCT
ajeer-2399	171	29	α23	α23	NOUN
ajeer-2399	171	30	,	,	PUNCT
ajeer-2399	171	31	α33	α33	NOUN
ajeer-2399	171	32	,	,	PUNCT
ajeer-2399	171	33	α43	α43	NOUN
ajeer-2399	171	34	,	,	PUNCT
ajeer-2399	171	35	α53	α53	NUM
ajeer-2399	171	36	,	,	PUNCT
ajeer-2399	171	37	α71	α71	NUM
ajeer-2399	171	38	,	,	PUNCT
ajeer-2399	171	39	and	and	CCONJ
ajeer-2399	171	40	α81	α81	NOUN
ajeer-2399	171	41	are	be	AUX
ajeer-2399	171	42	non	non	ADJ
ajeer-2399	171	43	-	-	ADJ
ajeer-2399	171	44	zero	zero	NUM
ajeer-2399	171	45	,	,	PUNCT
ajeer-2399	171	46	while	while	SCONJ
ajeer-2399	171	47	the	the	DET
ajeer-2399	171	48	other	other	ADJ
ajeer-2399	171	49	coefficients	coefficient	NOUN
ajeer-2399	171	50	are	be	AUX
ajeer-2399	171	51	restricted	restrict	VERB
ajeer-2399	171	52	as	as	ADP
ajeer-2399	171	53	zero	zero	NUM
ajeer-2399	171	54	)	)	PUNCT
ajeer-2399	171	55	.	.	PUNCT
ajeer-2399	172	1	the	the	DET
ajeer-2399	172	2	state	state	NOUN
ajeer-2399	172	3	-	-	PUNCT
ajeer-2399	172	4	space	space	NOUN
ajeer-2399	172	5	model	model	NOUN
ajeer-2399	172	6	consists	consist	VERB
ajeer-2399	172	7	of	of	ADP
ajeer-2399	172	8	two	two	NUM
ajeer-2399	172	9	types	type	NOUN
ajeer-2399	172	10	of	of	ADP
ajeer-2399	172	11	equations	equation	NOUN
ajeer-2399	172	12	:	:	PUNCT
ajeer-2399	172	13	the	the	DET
ajeer-2399	172	14	observation	observation	NOUN
ajeer-2399	172	15	or	or	CCONJ
ajeer-2399	172	16	signal	signal	ADJ
ajeer-2399	172	17	equation	equation	NOUN
ajeer-2399	172	18	and	and	CCONJ
ajeer-2399	172	19	the	the	DET
ajeer-2399	172	20	transition	transition	NOUN
ajeer-2399	172	21	or	or	CCONJ
ajeer-2399	172	22	state	state	NOUN
ajeer-2399	172	23	equation	equation	NOUN
ajeer-2399	172	24	.	.	PUNCT
ajeer-2399	173	1	equation	equation	NOUN
ajeer-2399	173	2	1	1	NUM
ajeer-2399	173	3	is	be	AUX
ajeer-2399	173	4	the	the	DET
ajeer-2399	173	5	observation	observation	NOUN
ajeer-2399	173	6	equation	equation	NOUN
ajeer-2399	173	7	,	,	PUNCT
ajeer-2399	173	8	which	which	PRON
ajeer-2399	173	9	explains	explain	VERB
ajeer-2399	173	10	the	the	DET
ajeer-2399	173	11	relationship	relationship	NOUN
ajeer-2399	173	12	of	of	ADP
ajeer-2399	173	13	the	the	DET
ajeer-2399	173	14	observed	observe	VERB
ajeer-2399	173	15	variables	variable	NOUN
ajeer-2399	173	16	as	as	ADP
ajeer-2399	173	17	a	a	DET
ajeer-2399	173	18	linear	linear	ADJ
ajeer-2399	173	19	function	function	NOUN
ajeer-2399	173	20	of	of	ADP
ajeer-2399	173	21	the	the	DET
ajeer-2399	173	22	unobserved	unobserved	ADJ
ajeer-2399	173	23	state	state	NOUN
ajeer-2399	173	24	.	.	PUNCT
ajeer-2399	174	1	equation	equation	NOUN
ajeer-2399	174	2	2	2	NUM
ajeer-2399	174	3	is	be	AUX
ajeer-2399	174	4	the	the	DET
ajeer-2399	174	5	transition	transition	NOUN
ajeer-2399	174	6	equation	equation	NOUN
ajeer-2399	174	7	,	,	PUNCT
ajeer-2399	174	8	which	which	PRON
ajeer-2399	174	9	captures	capture	VERB
ajeer-2399	174	10	the	the	DET
ajeer-2399	174	11	movement	movement	NOUN
ajeer-2399	174	12	of	of	ADP
ajeer-2399	174	13	the	the	DET
ajeer-2399	174	14	state	state	NOUN
ajeer-2399	174	15	variable	variable	NOUN
ajeer-2399	174	16	over	over	ADP
ajeer-2399	174	17	time	time	NOUN
ajeer-2399	174	18	.	.	PUNCT
ajeer-2399	175	1	although	although	SCONJ
ajeer-2399	175	2	the	the	DET
ajeer-2399	175	3	most	most	ADV
ajeer-2399	175	4	common	common	ADJ
ajeer-2399	175	5	form	form	NOUN
ajeer-2399	175	6	of	of	ADP
ajeer-2399	175	7	the	the	DET
ajeer-2399	175	8	transition	transition	NOUN
ajeer-2399	175	9	equation	equation	NOUN
ajeer-2399	175	10	is	be	AUX
ajeer-2399	175	11	in	in	ADP
ajeer-2399	175	12	the	the	DET
ajeer-2399	175	13	autoregressive	autoregressive	ADJ
ajeer-2399	175	14	(	(	PUNCT
ajeer-2399	175	15	ar	ar	NOUN
ajeer-2399	175	16	)	)	PUNCT
ajeer-2399	175	17	structure	structure	NOUN
ajeer-2399	175	18	,	,	PUNCT
ajeer-2399	175	19	it	it	PRON
ajeer-2399	175	20	could	could	AUX
ajeer-2399	175	21	also	also	ADV
ajeer-2399	175	22	include	include	VERB
ajeer-2399	175	23	the	the	DET
ajeer-2399	175	24	autoregressive	autoregressive	ADJ
ajeer-2399	175	25	moving	move	VERB
ajeer-2399	175	26	average	average	ADJ
ajeer-2399	175	27	(	(	PUNCT
ajeer-2399	175	28	arma	arma	PROPN
ajeer-2399	175	29	)	)	PUNCT
ajeer-2399	175	30	form.14	form.14	NOUN
ajeer-2399	175	31	the	the	DET
ajeer-2399	175	32	exogenous	exogenous	ADJ
ajeer-2399	175	33	variables	variable	NOUN
ajeer-2399	175	34	can	can	AUX
ajeer-2399	175	35	enter	enter	VERB
ajeer-2399	175	36	either	either	CCONJ
ajeer-2399	175	37	the	the	DET
ajeer-2399	175	38	observation	observation	NOUN
ajeer-2399	175	39	or	or	CCONJ
ajeer-2399	175	40	the	the	DET
ajeer-2399	175	41	transition	transition	NOUN
ajeer-2399	175	42	equations	equation	NOUN
ajeer-2399	175	43	without	without	ADP
ajeer-2399	175	44	losing	lose	VERB
ajeer-2399	175	45	any	any	DET
ajeer-2399	175	46	interpretation	interpretation	NOUN
ajeer-2399	175	47	.	.	PUNCT
ajeer-2399	176	1	including	include	VERB
ajeer-2399	176	2	the	the	DET
ajeer-2399	176	3	exogenous	exogenous	ADJ
ajeer-2399	176	4	variables	variable	NOUN
ajeer-2399	176	5	improves	improve	VERB
ajeer-2399	176	6	the	the	DET
ajeer-2399	176	7	model	model	NOUN
ajeer-2399	176	8	goodness	goodness	PROPN
ajeer-2399	176	9	of	of	ADP
ajeer-2399	176	10	fit	fit	PROPN
ajeer-2399	176	11	.	.	PUNCT
ajeer-2399	177	1	the	the	DET
ajeer-2399	177	2	study	study	NOUN
ajeer-2399	177	3	refers	refer	VERB
ajeer-2399	177	4	to	to	ADP
ajeer-2399	177	5	the	the	DET
ajeer-2399	177	6	akaike	akaike	ADJ
ajeer-2399	177	7	information	information	NOUN
ajeer-2399	177	8	criteria	criterion	NOUN
ajeer-2399	177	9	(	(	PUNCT
ajeer-2399	177	10	aic	aic	PROPN
ajeer-2399	177	11	)	)	PUNCT
ajeer-2399	177	12	for	for	ADP
ajeer-2399	177	13	model	model	NOUN
ajeer-2399	177	14	selection	selection	NOUN
ajeer-2399	177	15	of	of	ADP
ajeer-2399	177	16	the	the	DET
ajeer-2399	177	17	armax	armax	ADJ
ajeer-2399	177	18	linear	linear	PROPN
ajeer-2399	177	19	state	state	NOUN
ajeer-2399	177	20	-	-	PUNCT
ajeer-2399	177	21	space	space	NOUN
ajeer-2399	177	22	structure.15	structure.15	NOUN
ajeer-2399	177	23	shumway	shumway	NOUN
ajeer-2399	177	24	and	and	CCONJ
ajeer-2399	177	25	stoffer	stoffer	PROPN
ajeer-2399	177	26	(	(	PUNCT
ajeer-2399	177	27	2017b	2017b	NUM
ajeer-2399	177	28	)	)	PUNCT
ajeer-2399	177	29	showed	show	VERB
ajeer-2399	177	30	the	the	DET
ajeer-2399	177	31	consistency	consistency	NOUN
ajeer-2399	177	32	of	of	ADP
ajeer-2399	177	33	the	the	DET
ajeer-2399	177	34	common	common	ADJ
ajeer-2399	177	35	factors	factor	NOUN
ajeer-2399	177	36	of	of	ADP
ajeer-2399	177	37	the	the	DET
ajeer-2399	177	38	armax	armax	ADJ
ajeer-2399	177	39	linear	linear	PROPN
ajeer-2399	177	40	state	state	NOUN
ajeer-2399	177	41	-	-	PUNCT
ajeer-2399	177	42	space	space	NOUN
ajeer-2399	177	43	model	model	NOUN
ajeer-2399	177	44	.	.	PUNCT
ajeer-2399	178	1	the	the	DET
ajeer-2399	178	2	study	study	NOUN
ajeer-2399	178	3	imposed	impose	VERB
ajeer-2399	178	4	some	some	DET
ajeer-2399	178	5	assumptions	assumption	NOUN
ajeer-2399	178	6	.	.	PUNCT
ajeer-2399	179	1	first	first	ADV
ajeer-2399	179	2	,	,	PUNCT
ajeer-2399	179	3	st	st	PROPN
ajeer-2399	179	4	and	and	CCONJ
ajeer-2399	179	5	yit	yit	PROPN
ajeer-2399	179	6	cointegrated	cointegrate	VERB
ajeer-2399	179	7	,	,	PUNCT
ajeer-2399	179	8	so	so	SCONJ
ajeer-2399	179	9	parameters	parameter	NOUN
ajeer-2399	179	10	are	be	AUX
ajeer-2399	179	11	estimated	estimate	VERB
ajeer-2399	179	12	by	by	ADP
ajeer-2399	179	13	ordinary	ordinary	ADJ
ajeer-2399	179	14	least	least	ADJ
ajeer-2399	179	15	squares.16	squares.16	ADJ
ajeer-2399	179	16	second	second	ADJ
ajeer-2399	179	17	,	,	PUNCT
ajeer-2399	179	18	ut	ut	PROPN
ajeer-2399	179	19	and	and	CCONJ
ajeer-2399	179	20	vt	vt	PROPN
ajeer-2399	179	21	are	be	AUX
ajeer-2399	179	22	serial	serial	ADJ
ajeer-2399	179	23	and	and	CCONJ
ajeer-2399	179	24	contemporaneous	contemporaneous	ADJ
ajeer-2399	179	25	uncorrelated	uncorrelated	ADJ
ajeer-2399	179	26	(	(	PUNCT
ajeer-2399	179	27	mutually	mutually	ADV
ajeer-2399	179	28	independence).17	independence).17	ADJ
ajeer-2399	179	29	third	third	ADJ
ajeer-2399	179	30	,	,	PUNCT
ajeer-2399	179	31	for	for	ADP
ajeer-2399	179	32	simplicity	simplicity	NOUN
ajeer-2399	179	33	,	,	PUNCT
ajeer-2399	179	34	the	the	DET
ajeer-2399	179	35	study	study	NOUN
ajeer-2399	179	36	examines	examine	VERB
ajeer-2399	179	37	the	the	DET
ajeer-2399	179	38	dynamic	dynamic	ADJ
ajeer-2399	179	39	factor	factor	NOUN
ajeer-2399	179	40	model	model	NOUN
ajeer-2399	179	41	in	in	ADP
ajeer-2399	179	42	the	the	DET
ajeer-2399	179	43	context	context	NOUN
ajeer-2399	179	44	of	of	ADP
ajeer-2399	179	45	the	the	DET
ajeer-2399	179	46	linear	linear	ADJ
ajeer-2399	179	47	system	system	NOUN
ajeer-2399	179	48	;	;	PUNCT
ajeer-2399	179	49	for	for	ADP
ajeer-2399	179	50	a	a	DET
ajeer-2399	179	51	non	non	ADJ
ajeer-2399	179	52	-	-	ADJ
ajeer-2399	179	53	linear	linear	ADJ
ajeer-2399	179	54	system	system	NOUN
ajeer-2399	179	55	,	,	PUNCT
ajeer-2399	179	56	other	other	ADJ
ajeer-2399	179	57	versions	version	NOUN
ajeer-2399	179	58	of	of	ADP
ajeer-2399	179	59	the	the	DET
ajeer-2399	179	60	kalman	kalman	NOUN
ajeer-2399	179	61	filter	filter	NOUN
ajeer-2399	179	62	could	could	AUX
ajeer-2399	179	63	be	be	AUX
ajeer-2399	179	64	implemented	implement	VERB
ajeer-2399	179	65	,	,	PUNCT
ajeer-2399	179	66	for	for	ADP
ajeer-2399	179	67	example	example	NOUN
ajeer-2399	179	68	,	,	PUNCT
ajeer-2399	179	69	the	the	DET
ajeer-2399	179	70	ekf	ekf	NOUN
ajeer-2399	179	71	and	and	CCONJ
ajeer-2399	179	72	ukf	ukf	PROPN
ajeer-2399	179	73	.	.	PUNCT
ajeer-2399	180	1	fourth	fourth	ADJ
ajeer-2399	180	2	,	,	PUNCT
ajeer-2399	180	3	the	the	DET
ajeer-2399	180	4	model	model	NOUN
ajeer-2399	180	5	also	also	ADV
ajeer-2399	180	6	assumes	assume	VERB
ajeer-2399	180	7	the	the	DET
ajeer-2399	180	8	initial	initial	ADJ
ajeer-2399	180	9	mean	mean	NOUN
ajeer-2399	180	10	and	and	CCONJ
ajeer-2399	180	11	variance	variance	NOUN
ajeer-2399	180	12	of	of	ADP
ajeer-2399	180	13	the	the	DET
ajeer-2399	180	14	state	state	NOUN
ajeer-2399	180	15	variable	variable	NOUN
ajeer-2399	180	16	to	to	PART
ajeer-2399	180	17	be	be	AUX
ajeer-2399	180	18	gaussian	gaussian	ADJ
ajeer-2399	180	19	s0	s0	NOUN
ajeer-2399	180	20	~n(s0	~n(s0	PUNCT
ajeer-2399	180	21	0	0	NUM
ajeer-2399	180	22	,	,	PUNCT
ajeer-2399	180	23	p0	p0	NOUN
ajeer-2399	180	24	0	0	NUM
ajeer-2399	180	25	)	)	PUNCT
ajeer-2399	180	26	.	.	PUNCT
ajeer-2399	181	1	without	without	ADP
ajeer-2399	181	2	knowledge	knowledge	NOUN
ajeer-2399	181	3	of	of	ADP
ajeer-2399	181	4	the	the	DET
ajeer-2399	181	5	initial	initial	ADJ
ajeer-2399	181	6	value	value	NOUN
ajeer-2399	181	7	,	,	PUNCT
ajeer-2399	181	8	the	the	DET
ajeer-2399	181	9	study	study	NOUN
ajeer-2399	181	10	sets	set	VERB
ajeer-2399	181	11	the	the	DET
ajeer-2399	181	12	diffuse	diffuse	ADJ
ajeer-2399	181	13	initial	initial	ADJ
ajeer-2399	181	14	state	state	NOUN
ajeer-2399	181	15	condition	condition	NOUN
ajeer-2399	181	16	.	.	PUNCT
ajeer-2399	182	1	any	any	DET
ajeer-2399	182	2	system	system	NOUN
ajeer-2399	182	3	of	of	ADP
ajeer-2399	182	4	equations	equation	NOUN
ajeer-2399	182	5	that	that	PRON
ajeer-2399	182	6	can	can	AUX
ajeer-2399	182	7	be	be	AUX
ajeer-2399	182	8	expressed	express	VERB
ajeer-2399	182	9	in	in	ADP
ajeer-2399	182	10	the	the	DET
ajeer-2399	182	11	state	state	NOUN
ajeer-2399	182	12	-	-	PUNCT
ajeer-2399	182	13	space	space	NOUN
ajeer-2399	182	14	form	form	NOUN
ajeer-2399	182	15	can	can	AUX
ajeer-2399	182	16	be	be	AUX
ajeer-2399	182	17	solved	solve	VERB
ajeer-2399	182	18	using	use	VERB
ajeer-2399	182	19	the	the	DET
ajeer-2399	182	20	kalman	kalman	NOUN
ajeer-2399	182	21	filter	filter	NOUN
ajeer-2399	182	22	.	.	PUNCT
ajeer-2399	183	1	the	the	DET
ajeer-2399	183	2	study	study	NOUN
ajeer-2399	183	3	uses	use	VERB
ajeer-2399	183	4	the	the	DET
ajeer-2399	183	5	kalman	kalman	NOUN
ajeer-2399	183	6	filter	filter	NOUN
ajeer-2399	183	7	to	to	PART
ajeer-2399	183	8	estimate	estimate	VERB
ajeer-2399	183	9	the	the	DET
ajeer-2399	183	10	unobserved	unobserved	ADJ
ajeer-2399	183	11	state	state	NOUN
ajeer-2399	183	12	of	of	ADP
ajeer-2399	183	13	the	the	DET
ajeer-2399	183	14	economy	economy	NOUN
ajeer-2399	183	15	(	(	PUNCT
ajeer-2399	183	16	st).18	st).18	VERB
ajeer-2399	183	17	the	the	DET
ajeer-2399	183	18	intuition	intuition	NOUN
ajeer-2399	183	19	of	of	ADP
ajeer-2399	183	20	the	the	DET
ajeer-2399	183	21	kalman	kalman	NOUN
ajeer-2399	183	22	filter	filter	NOUN
ajeer-2399	183	23	is	be	AUX
ajeer-2399	183	24	to	to	PART
ajeer-2399	183	25	update	update	VERB
ajeer-2399	183	26	the	the	DET
ajeer-2399	183	27	state	state	NOUN
ajeer-2399	183	28	from	from	ADP
ajeer-2399	183	29	st	st	PROPN
ajeer-2399	183	30	t	t	PROPN
ajeer-2399	183	31	to	to	ADP
ajeer-2399	183	32	st+1	st+1	PROPN
ajeer-2399	183	33	t+1	t+1	PROPN
ajeer-2399	183	34	when	when	SCONJ
ajeer-2399	183	35	the	the	DET
ajeer-2399	183	36	observation	observation	NOUN
ajeer-2399	183	37	yt+1	yt+1	NUM
ajeer-2399	183	38	is	be	AUX
ajeer-2399	183	39	available	available	ADJ
ajeer-2399	183	40	.	.	PUNCT
ajeer-2399	184	1	it	it	PRON
ajeer-2399	184	2	involves	involve	VERB
ajeer-2399	184	3	a	a	DET
ajeer-2399	184	4	two	two	NUM
ajeer-2399	184	5	steps	step	NOUN
ajeer-2399	184	6	process	process	NOUN
ajeer-2399	184	7	of	of	ADP
ajeer-2399	184	8	predicting	predict	VERB
ajeer-2399	184	9	and	and	CCONJ
ajeer-2399	184	10	updating	updating	NOUN
ajeer-2399	184	11	.	.	PUNCT
ajeer-2399	185	1	with	with	ADP
ajeer-2399	185	2	the	the	DET
ajeer-2399	185	3	above	above	ADJ
ajeer-2399	185	4	initial	initial	ADJ
ajeer-2399	185	5	state	state	NOUN
ajeer-2399	185	6	value	value	NOUN
ajeer-2399	185	7	,	,	PUNCT
ajeer-2399	185	8	the	the	DET
ajeer-2399	185	9	kalman	kalman	PROPN
ajeer-2399	185	10	filter	filter	NOUN
ajeer-2399	185	11	algorithm	algorithm	NOUN
ajeer-2399	185	12	for	for	ADP
ajeer-2399	185	13	the	the	DET
ajeer-2399	185	14	armax	armax	PROPN
ajeer-2399	185	15	linear	linear	PROPN
ajeer-2399	185	16	state	state	NOUN
ajeer-2399	185	17	-	-	PUNCT
ajeer-2399	185	18	space	space	NOUN
ajeer-2399	185	19	model	model	NOUN
ajeer-2399	185	20	in	in	ADP
ajeer-2399	185	21	this	this	DET
ajeer-2399	185	22	study	study	NOUN
ajeer-2399	185	23	is:19	is:19	PROPN
ajeer-2399	185	24	st+1	st+1	PROPN
ajeer-2399	185	25	t	t	NOUN
ajeer-2399	185	26	=	=	SYM
ajeer-2399	185	27	θtst	θtst	PROPN
ajeer-2399	185	28	t	t	PROPN
ajeer-2399	185	29	;	;	PUNCT
ajeer-2399	185	30	(	(	PUNCT
ajeer-2399	185	31	3	3	X
ajeer-2399	185	32	)	)	PUNCT
ajeer-2399	185	33	pt+1	pt+1	NUM
ajeer-2399	185	34	t	t	NOUN
ajeer-2399	185	35	=	=	SYM
ajeer-2399	185	36	θtpt	θtpt	PROPN
ajeer-2399	185	37	tθt	tθt	NOUN
ajeer-2399	185	38	′	′	PROPN
ajeer-2399	186	1	+	+	CCONJ
ajeer-2399	186	2	qt	qt	NOUN
ajeer-2399	186	3	;	;	PUNCT
ajeer-2399	186	4	(	(	PUNCT
ajeer-2399	186	5	4	4	NUM
ajeer-2399	186	6	)	)	PUNCT
ajeer-2399	186	7	st+1	st+1	NOUN
ajeer-2399	187	1	t+1	t+1	PROPN
ajeer-2399	187	2	=	=	SYM
ajeer-2399	187	3	st+1	st+1	NUM
ajeer-2399	187	4	t	t	PROPN
ajeer-2399	188	1	+	+	CCONJ
ajeer-2399	188	2	kt+1ϵt+1	kt+1ϵt+1	PROPN
ajeer-2399	188	3	;	;	PUNCT
ajeer-2399	188	4	where	where	SCONJ
ajeer-2399	188	5	[	[	X
ajeer-2399	188	6	ϵt+1	ϵt+1	X
ajeer-2399	188	7	=	=	SYM
ajeer-2399	188	8	yt+1	yt+1	NUM
ajeer-2399	188	9	−	−	PROPN
ajeer-2399	188	10	(	(	PUNCT
ajeer-2399	188	11	ρ	ρ	X
ajeer-2399	188	12	t+1	t+1	PROPN
ajeer-2399	188	13	st+1	st+1	NUM
ajeer-2399	188	14	t	t	PROPN
ajeer-2399	188	15	+	+	CCONJ
ajeer-2399	188	16	αt+1zt+1	αt+1zt+1	NUM
ajeer-2399	188	17	)	)	PUNCT
ajeer-2399	188	18	]	]	PUNCT
ajeer-2399	188	19	;	;	PUNCT
ajeer-2399	188	20	(	(	PUNCT
ajeer-2399	188	21	5	5	X
ajeer-2399	188	22	)	)	PUNCT
ajeer-2399	188	23	pt+1	pt+1	NOUN
ajeer-2399	189	1	t+1	t+1	NUM
ajeer-2399	189	2	=	=	PUNCT
ajeer-2399	190	1	(	(	PUNCT
ajeer-2399	190	2	i	i	PRON
ajeer-2399	190	3	−	−	PROPN
ajeer-2399	190	4	kt+1ρt+1)pt+1	kt+1ρt+1)pt+1	PROPN
ajeer-2399	190	5	t	t	PROPN
ajeer-2399	190	6	;	;	PUNCT
ajeer-2399	190	7	where	where	SCONJ
ajeer-2399	190	8	i	i	PRON
ajeer-2399	190	9	is	be	AUX
ajeer-2399	190	10	the	the	DET
ajeer-2399	190	11	identity	identity	NOUN
ajeer-2399	190	12	matrix	matrix	NOUN
ajeer-2399	190	13	;	;	PUNCT
ajeer-2399	190	14	(	(	PUNCT
ajeer-2399	190	15	6	6	X
ajeer-2399	190	16	)	)	PUNCT
ajeer-2399	190	17	the	the	DET
ajeer-2399	190	18	kalman	kalman	NOUN
ajeer-2399	190	19	gain	gain	NOUN
ajeer-2399	190	20	(	(	PUNCT
ajeer-2399	190	21	kt+1	kt+1	PROPN
ajeer-2399	190	22	):	):	PUNCT
ajeer-2399	190	23	kt+1	kt+1	PROPN
ajeer-2399	190	24	=	=	PUNCT
ajeer-2399	190	25	pt+1	pt+1	SYM
ajeer-2399	190	26	t	t	PROPN
ajeer-2399	190	27	ρt+1	ρt+1	NUM
ajeer-2399	190	28	′	′	NUM
ajeer-2399	191	1	(	(	PUNCT
ajeer-2399	191	2	ρt+1	ρt+1	NUM
ajeer-2399	191	3	pt+1	pt+1	INTJ
ajeer-2399	191	4	t	t	PROPN
ajeer-2399	191	5	ρt+1	ρt+1	NUM
ajeer-2399	191	6	′	′	NUM
ajeer-2399	192	1	+	+	CCONJ
ajeer-2399	192	2	rt+1	rt+1	NOUN
ajeer-2399	192	3	)	)	PUNCT
ajeer-2399	192	4	−1	−1	NOUN
ajeer-2399	192	5	(	(	PUNCT
ajeer-2399	192	6	7	7	NUM
ajeer-2399	192	7	)	)	PUNCT
ajeer-2399	192	8	alternatively	alternatively	ADV
ajeer-2399	192	9	,	,	PUNCT
ajeer-2399	192	10	we	we	PRON
ajeer-2399	192	11	can	can	AUX
ajeer-2399	192	12	use	use	VERB
ajeer-2399	192	13	kalman	kalman	NOUN
ajeer-2399	192	14	smoother	smooth	ADJ
ajeer-2399	192	15	to	to	PART
ajeer-2399	192	16	estimate	estimate	VERB
ajeer-2399	192	17	the	the	DET
ajeer-2399	192	18	state	state	NOUN
ajeer-2399	192	19	variable	variable	NOUN
ajeer-2399	192	20	.	.	PUNCT
ajeer-2399	193	1	the	the	DET
ajeer-2399	193	2	kalman	kalman	PROPN
ajeer-2399	193	3	smoother	smoother	PROPN
ajeer-2399	193	4	uses	use	VERB
ajeer-2399	193	5	all	all	DET
ajeer-2399	193	6	the	the	DET
ajeer-2399	193	7	observations	observation	NOUN
ajeer-2399	193	8	for	for	ADP
ajeer-2399	193	9	updating	update	VERB
ajeer-2399	193	10	.	.	PUNCT
ajeer-2399	194	1	for	for	ADP
ajeer-2399	194	2	the	the	DET
ajeer-2399	194	3	dynamic	dynamic	ADJ
ajeer-2399	194	4	factor	factor	NOUN
ajeer-2399	194	5	model	model	NOUN
ajeer-2399	194	6	in	in	ADP
ajeer-2399	194	7	(	(	PUNCT
ajeer-2399	194	8	1	1	NUM
ajeer-2399	194	9	)	)	PUNCT
ajeer-2399	194	10	and	and	CCONJ
ajeer-2399	194	11	(	(	PUNCT
ajeer-2399	194	12	2	2	NUM
ajeer-2399	194	13	)	)	PUNCT
ajeer-2399	194	14	,	,	PUNCT
ajeer-2399	194	15	the	the	DET
ajeer-2399	194	16	process	process	NOUN
ajeer-2399	194	17	of	of	ADP
ajeer-2399	194	18	updating	update	VERB
ajeer-2399	194	19	the	the	DET
ajeer-2399	194	20	state	state	NOUN
ajeer-2399	194	21	variable	variable	NOUN
ajeer-2399	194	22	via	via	ADP
ajeer-2399	194	23	the	the	DET
ajeer-2399	194	24	kalman	kalman	NOUN
ajeer-2399	194	25	smoother	smoother	PROPN
ajeer-2399	194	26	is	be	AUX
ajeer-2399	194	27	:	:	PUNCT
ajeer-2399	194	28	st	st	PROPN
ajeer-2399	194	29	n	n	PROPN
ajeer-2399	194	30	=	=	PROPN
ajeer-2399	194	31	st	st	PROPN
ajeer-2399	194	32	t	t	PROPN
ajeer-2399	194	33	+	+	CCONJ
ajeer-2399	194	34	jt(st+1	jt(st+1	PROPN
ajeer-2399	194	35	n	n	CCONJ
ajeer-2399	194	36	−	−	PROPN
ajeer-2399	194	37	st+1	st+1	PROPN
ajeer-2399	194	38	t	t	PROPN
ajeer-2399	194	39	)	)	PUNCT
ajeer-2399	194	40	;	;	PUNCT
ajeer-2399	194	41	(	(	PUNCT
ajeer-2399	194	42	8)	8)	NUM
ajeer-2399	194	43	pt	pt	NOUN
ajeer-2399	194	44	n	n	NOUN
ajeer-2399	194	45	=	=	SYM
ajeer-2399	194	46	pt	pt	PROPN
ajeer-2399	194	47	t	t	PROPN
ajeer-2399	194	48	+	+	PROPN
ajeer-2399	195	1	jt(pt+1	jt(pt+1	PROPN
ajeer-2399	195	2	n	n	CCONJ
ajeer-2399	195	3	−	−	PROPN
ajeer-2399	195	4	pt+1	pt+1	SYM
ajeer-2399	195	5	t	t	PROPN
ajeer-2399	195	6	)	)	PUNCT
ajeer-2399	195	7	jt	jt	PROPN
ajeer-2399	195	8	′	′	NUM
ajeer-2399	195	9	;	;	PUNCT
ajeer-2399	195	10	(	(	PUNCT
ajeer-2399	195	11	9	9	X
ajeer-2399	195	12	)	)	PUNCT
ajeer-2399	195	13	where	where	SCONJ
ajeer-2399	195	14	jt	jt	PROPN
ajeer-2399	195	15	=	=	PROPN
ajeer-2399	195	16	pt	pt	PROPN
ajeer-2399	195	17	tθt	tθt	PROPN
ajeer-2399	195	18	′(pt+1	′(pt+1	PROPN
ajeer-2399	195	19	t	t	PROPN
ajeer-2399	195	20	)	)	PUNCT
ajeer-2399	195	21	−1	−1	NOUN
ajeer-2399	195	22	;	;	PUNCT
ajeer-2399	195	23	(	(	PUNCT
ajeer-2399	195	24	10	10	X
ajeer-2399	195	25	)	)	PUNCT
ajeer-2399	195	26	deriving	derive	VERB
ajeer-2399	195	27	these	these	DET
ajeer-2399	195	28	equations	equation	NOUN
ajeer-2399	195	29	is	be	AUX
ajeer-2399	195	30	based	base	VERB
ajeer-2399	195	31	on	on	ADP
ajeer-2399	195	32	a	a	DET
ajeer-2399	195	33	shumway	shumway	NOUN
ajeer-2399	195	34	and	and	CCONJ
ajeer-2399	195	35	stoffer	stoffer	PROPN
ajeer-2399	195	36	(	(	PUNCT
ajeer-2399	195	37	2017b	2017b	NUM
ajeer-2399	195	38	)	)	PUNCT
ajeer-2399	195	39	textbook	textbook	NOUN
ajeer-2399	195	40	on	on	ADP
ajeer-2399	195	41	the	the	DET
ajeer-2399	195	42	state	state	NOUN
ajeer-2399	195	43	-	-	PUNCT
ajeer-2399	195	44	space	space	NOUN
ajeer-2399	195	45	model	model	NOUN
ajeer-2399	195	46	and	and	CCONJ
ajeer-2399	195	47	is	be	AUX
ajeer-2399	195	48	shown	show	VERB
ajeer-2399	195	49	in	in	ADP
ajeer-2399	195	50	appendix	appendix	ADJ
ajeer-2399	195	51	a.	a.	NOUN
ajeer-2399	195	52	this	this	DET
ajeer-2399	195	53	study	study	NOUN
ajeer-2399	195	54	assumes	assume	VERB
ajeer-2399	195	55	the	the	DET
ajeer-2399	195	56	independence	independence	NOUN
ajeer-2399	195	57	of	of	ADP
ajeer-2399	195	58	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	195	59	noises	noise	NOUN
ajeer-2399	195	60	.	.	PUNCT
ajeer-2399	196	1	in	in	ADP
ajeer-2399	196	2	the	the	DET
ajeer-2399	196	3	case	case	NOUN
ajeer-2399	196	4	of	of	ADP
ajeer-2399	196	5	correlated	correlate	VERB
ajeer-2399	196	6	noises	noise	NOUN
ajeer-2399	196	7	,	,	PUNCT
ajeer-2399	196	8	it	it	PRON
ajeer-2399	196	9	generates	generate	VERB
ajeer-2399	196	10	a	a	DET
ajeer-2399	196	11	quite	quite	ADV
ajeer-2399	196	12	different	different	ADJ
ajeer-2399	196	13	result	result	NOUN
ajeer-2399	196	14	,	,	PUNCT
ajeer-2399	196	15	but	but	CCONJ
ajeer-2399	196	16	it	it	PRON
ajeer-2399	196	17	does	do	AUX
ajeer-2399	196	18	not	not	PART
ajeer-2399	196	19	affect	affect	VERB
ajeer-2399	196	20	the	the	DET
ajeer-2399	196	21	updating	updating	NOUN
ajeer-2399	196	22	of	of	ADP
ajeer-2399	196	23	the	the	DET
ajeer-2399	196	24	kalman	kalman	NOUN
ajeer-2399	196	25	filter	filter	NOUN
ajeer-2399	196	26	and	and	CCONJ
ajeer-2399	196	27	smoother	smooth	ADJ
ajeer-2399	196	28	in	in	ADP
ajeer-2399	196	29	equations	equation	NOUN
ajeer-2399	196	30	5	5	NUM
ajeer-2399	196	31	,	,	PUNCT
ajeer-2399	196	32	6	6	NUM
ajeer-2399	196	33	,	,	PUNCT
ajeer-2399	196	34	8	8	NUM
ajeer-2399	196	35	,	,	PUNCT
ajeer-2399	196	36	and	and	CCONJ
ajeer-2399	196	37	9.20	9.20	NUM
ajeer-2399	196	38	to	to	PART
ajeer-2399	196	39	implement	implement	VERB
ajeer-2399	196	40	the	the	DET
ajeer-2399	196	41	kalman	kalman	NOUN
ajeer-2399	196	42	filter	filter	NOUN
ajeer-2399	196	43	it	it	PRON
ajeer-2399	196	44	replaces	replace	VERB
ajeer-2399	196	45	parameters	parameter	NOUN
ajeer-2399	196	46	ρt	ρt	ADP
ajeer-2399	196	47	,	,	PUNCT
ajeer-2399	196	48	in	in	ADP
ajeer-2399	196	49	the	the	DET
ajeer-2399	196	50	system	system	NOUN
ajeer-2399	196	51	with	with	ADP
ajeer-2399	196	52	their	their	PRON
ajeer-2399	196	53	consistent	consistent	ADJ
ajeer-2399	196	54	estimators	estimator	NOUN
ajeer-2399	196	55	ρ̂t	ρ̂t	NOUN
ajeer-2399	196	56	.	.	PUNCT
ajeer-2399	196	57	using	use	VERB
ajeer-2399	196	58	the	the	DET
ajeer-2399	196	59	state	state	NOUN
ajeer-2399	196	60	variable	variable	NOUN
ajeer-2399	196	61	generated	generate	VERB
ajeer-2399	196	62	by	by	ADP
ajeer-2399	196	63	the	the	DET
ajeer-2399	196	64	first	first	ADJ
ajeer-2399	196	65	principal	principal	ADJ
ajeer-2399	196	66	component	component	NOUN
ajeer-2399	196	67	,	,	PUNCT
ajeer-2399	196	68	the	the	DET
ajeer-2399	196	69	study	study	NOUN
ajeer-2399	196	70	estimated	estimate	VERB
ajeer-2399	196	71	the	the	DET
ajeer-2399	196	72	initial	initial	ADJ
ajeer-2399	196	73	weights	weight	NOUN
ajeer-2399	196	74	by	by	ADP
ajeer-2399	196	75	the	the	DET
ajeer-2399	196	76	ordinary	ordinary	ADJ
ajeer-2399	196	77	least	least	ADJ
ajeer-2399	196	78	squares	square	NOUN
ajeer-2399	196	79	and	and	CCONJ
ajeer-2399	196	80	feasible	feasible	ADJ
ajeer-2399	196	81	generalized	generalized	ADJ
ajeer-2399	196	82	least	least	ADJ
ajeer-2399	196	83	squares	square	NOUN
ajeer-2399	196	84	.	.	PUNCT
ajeer-2399	197	1	for	for	ADP
ajeer-2399	197	2	the	the	DET
ajeer-2399	197	3	cointegrated	cointegrate	VERB
ajeer-2399	197	4	series	series	NOUN
ajeer-2399	197	5	,	,	PUNCT
ajeer-2399	197	6	the	the	DET
ajeer-2399	197	7	ols	ol	NOUN
ajeer-2399	197	8	gave	give	VERB
ajeer-2399	197	9	the	the	DET
ajeer-2399	197	10	consistently	consistently	ADV
ajeer-2399	197	11	estimated	estimate	VERB
ajeer-2399	197	12	parameters	parameter	NOUN
ajeer-2399	197	13	,	,	PUNCT
ajeer-2399	197	14	but	but	CCONJ
ajeer-2399	197	15	the	the	DET
ajeer-2399	197	16	inference	inference	NOUN
ajeer-2399	197	17	did	do	AUX
ajeer-2399	197	18	not	not	PART
ajeer-2399	197	19	hold	hold	VERB
ajeer-2399	197	20	(	(	PUNCT
ajeer-2399	197	21	stock	stock	NOUN
ajeer-2399	197	22	,	,	PUNCT
ajeer-2399	197	23	1987	1987	NUM
ajeer-2399	197	24	)	)	PUNCT
ajeer-2399	197	25	.	.	PUNCT
ajeer-2399	198	1	for	for	ADP
ajeer-2399	198	2	non	non	ADJ
ajeer-2399	198	3	-	-	ADJ
ajeer-2399	198	4	cointegrated	cointegrated	ADJ
ajeer-2399	198	5	series	series	NOUN
ajeer-2399	198	6	,	,	PUNCT
ajeer-2399	198	7	the	the	DET
ajeer-2399	198	8	study	study	NOUN
ajeer-2399	198	9	used	use	VERB
ajeer-2399	198	10	the	the	DET
ajeer-2399	198	11	fgls	fgls	NOUN
ajeer-2399	198	12	to	to	PART
ajeer-2399	198	13	estimate	estimate	VERB
ajeer-2399	198	14	the	the	DET
ajeer-2399	198	15	parameters	parameter	NOUN
ajeer-2399	198	16	,	,	PUNCT
ajeer-2399	198	17	as	as	SCONJ
ajeer-2399	198	18	suggested	suggest	VERB
ajeer-2399	198	19	by	by	ADP
ajeer-2399	198	20	wu	wu	PROPN
ajeer-2399	198	21	,	,	PUNCT
ajeer-2399	198	22	you	you	PRON
ajeer-2399	198	23	,	,	PUNCT
ajeer-2399	198	24	and	and	CCONJ
ajeer-2399	198	25	zou	zou	PROPN
ajeer-2399	198	26	(	(	PUNCT
ajeer-2399	198	27	2016	2016	NUM
ajeer-2399	198	28	)	)	PUNCT
ajeer-2399	198	29	.	.	PUNCT
ajeer-2399	199	1	the	the	DET
ajeer-2399	199	2	remaining	remain	VERB
ajeer-2399	199	3	parameters	parameter	NOUN
ajeer-2399	199	4	were	be	AUX
ajeer-2399	199	5	estimated	estimate	VERB
ajeer-2399	199	6	by	by	ADP
ajeer-2399	199	7	maximum	maximum	ADJ
ajeer-2399	199	8	likelihood	likelihood	NOUN
ajeer-2399	199	9	estimation	estimation	NOUN
ajeer-2399	199	10	in	in	ADP
ajeer-2399	199	11	the	the	DET
ajeer-2399	199	12	dynamic	dynamic	ADJ
ajeer-2399	199	13	factor	factor	NOUN
ajeer-2399	199	14	model	model	NOUN
ajeer-2399	199	15	.	.	PUNCT
ajeer-2399	200	1	let	let	VERB
ajeer-2399	200	2	φ	φ	PROPN
ajeer-2399	200	3	=	=	SYM
ajeer-2399	200	4	{	{	PUNCT
ajeer-2399	200	5	qt	qt	PROPN
ajeer-2399	200	6	,	,	PUNCT
ajeer-2399	200	7	αt	αt	PROPN
ajeer-2399	200	8	,	,	PUNCT
ajeer-2399	200	9	rt	rt	PROPN
ajeer-2399	200	10	}	}	PUNCT
ajeer-2399	200	11	refer	refer	VERB
ajeer-2399	200	12	to	to	ADP
ajeer-2399	200	13	the	the	DET
ajeer-2399	200	14	vector	vector	NOUN
ajeer-2399	200	15	of	of	ADP
ajeer-2399	200	16	the	the	DET
ajeer-2399	200	17	parameters	parameter	NOUN
ajeer-2399	200	18	to	to	PART
ajeer-2399	200	19	be	be	AUX
ajeer-2399	200	20	estimated	estimate	VERB
ajeer-2399	200	21	with	with	ADP
ajeer-2399	200	22	a	a	DET
ajeer-2399	200	23	known	know	VERB
ajeer-2399	200	24	initial	initial	ADJ
ajeer-2399	200	25	state	state	NOUN
ajeer-2399	200	26	so	so	SCONJ
ajeer-2399	200	27	~	~	SYM
ajeer-2399	200	28	n(s0	n(s0	ADJ
ajeer-2399	200	29	0	0	NUM
ajeer-2399	200	30	,	,	PUNCT
ajeer-2399	200	31	p0	p0	NOUN
ajeer-2399	200	32	0	0	NUM
ajeer-2399	200	33	)	)	PUNCT
ajeer-2399	200	34	,	,	PUNCT
ajeer-2399	200	35	where	where	SCONJ
ajeer-2399	200	36	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	200	37	noises	noise	NOUN
ajeer-2399	200	38	,	,	PUNCT
ajeer-2399	200	39	ut	ut	PROPN
ajeer-2399	200	40	and	and	CCONJ
ajeer-2399	200	41	vt	vt	PROPN
ajeer-2399	200	42	,	,	PUNCT
ajeer-2399	200	43	are	be	AUX
ajeer-2399	200	44	serially	serially	ADV
ajeer-2399	200	45	and	and	CCONJ
ajeer-2399	200	46	contemporaneous	contemporaneous	ADJ
ajeer-2399	200	47	independents	independent	NOUN
ajeer-2399	200	48	.	.	PUNCT
ajeer-2399	201	1	the	the	DET
ajeer-2399	201	2	likelihood	likelihood	NOUN
ajeer-2399	201	3	is	be	AUX
ajeer-2399	201	4	calculated	calculate	VERB
ajeer-2399	201	5	from	from	ADP
ajeer-2399	201	6	the	the	DET
ajeer-2399	201	7	innovations	innovation	NOUN
ajeer-2399	201	8	ϵ1	ϵ1	VERB
ajeer-2399	201	9	,	,	PUNCT
ajeer-2399	201	10	ϵ2	ϵ2	ADJ
ajeer-2399	201	11	,	,	PUNCT
ajeer-2399	201	12	…	…	PUNCT
ajeer-2399	201	13	,	,	PUNCT
ajeer-2399	202	1	ϵt	ϵt	NOUN
ajeer-2399	202	2	.	.	NOUN
ajeer-2399	202	3	ϵt	ϵt	NOUN
ajeer-2399	202	4	=	=	PUNCT
ajeer-2399	202	5	yt	yt	PROPN
ajeer-2399	202	6	−	−	PROPN
ajeer-2399	202	7	(	(	PUNCT
ajeer-2399	202	8	ρ	ρ	PROPN
ajeer-2399	202	9	t	t	PROPN
ajeer-2399	202	10	st	st	PROPN
ajeer-2399	203	1	t−1	t−1	PROPN
ajeer-2399	203	2	+	+	CCONJ
ajeer-2399	203	3	αtzt	αtzt	ADJ
ajeer-2399	203	4	)	)	PUNCT
ajeer-2399	203	5	;	;	PUNCT
ajeer-2399	203	6	ϵt	ϵt	ADP
ajeer-2399	203	7	~	~	PROPN
ajeer-2399	203	8	n(0	n(0	PROPN
ajeer-2399	203	9	,	,	PUNCT
ajeer-2399	203	10	∑t	∑t	PROPN
ajeer-2399	203	11	)	)	PUNCT
ajeer-2399	203	12	;	;	PUNCT
ajeer-2399	203	13	(	(	PUNCT
ajeer-2399	203	14	11	11	NUM
ajeer-2399	203	15	)	)	PUNCT
ajeer-2399	203	16	14	14	NUM
ajeer-2399	203	17	the	the	DET
ajeer-2399	203	18	arma	arma	PROPN
ajeer-2399	203	19	linear	linear	PROPN
ajeer-2399	203	20	state	state	NOUN
ajeer-2399	203	21	-	-	PUNCT
ajeer-2399	203	22	space	space	NOUN
ajeer-2399	203	23	models	model	NOUN
ajeer-2399	203	24	vary	vary	VERB
ajeer-2399	203	25	across	across	ADP
ajeer-2399	203	26	studies	study	NOUN
ajeer-2399	203	27	depending	depend	VERB
ajeer-2399	203	28	on	on	ADP
ajeer-2399	203	29	the	the	DET
ajeer-2399	203	30	interest	interest	NOUN
ajeer-2399	203	31	of	of	ADP
ajeer-2399	203	32	authors	author	NOUN
ajeer-2399	203	33	.	.	PUNCT
ajeer-2399	204	1	15	15	NUM
ajeer-2399	204	2	the	the	DET
ajeer-2399	204	3	marss	marss	NOUN
ajeer-2399	204	4	package	package	NOUN
ajeer-2399	204	5	in	in	ADP
ajeer-2399	204	6	r	r	NOUN
ajeer-2399	204	7	program	program	NOUN
ajeer-2399	204	8	allow	allow	VERB
ajeer-2399	204	9	for	for	ADP
ajeer-2399	204	10	a	a	DET
ajeer-2399	204	11	flexibility	flexibility	NOUN
ajeer-2399	204	12	of	of	ADP
ajeer-2399	204	13	adding	add	VERB
ajeer-2399	204	14	the	the	DET
ajeer-2399	204	15	exogenous	exogenous	ADJ
ajeer-2399	204	16	vector	vector	NOUN
ajeer-2399	204	17	into	into	ADP
ajeer-2399	204	18	the	the	DET
ajeer-2399	204	19	state	state	NOUN
ajeer-2399	204	20	space	space	NOUN
ajeer-2399	204	21	model	model	NOUN
ajeer-2399	204	22	.	.	PUNCT
ajeer-2399	205	1	16	16	NUM
ajeer-2399	206	1	this	this	PRON
ajeer-2399	206	2	is	be	AUX
ajeer-2399	206	3	for	for	ADP
ajeer-2399	206	4	cointegrated	cointegrate	VERB
ajeer-2399	206	5	series	series	NOUN
ajeer-2399	206	6	.	.	PUNCT
ajeer-2399	207	1	if	if	SCONJ
ajeer-2399	207	2	series	serie	NOUN
ajeer-2399	207	3	are	be	AUX
ajeer-2399	207	4	not	not	PART
ajeer-2399	207	5	cointegrated	cointegrate	VERB
ajeer-2399	207	6	with	with	ADP
ajeer-2399	207	7	the	the	DET
ajeer-2399	207	8	state	state	NOUN
ajeer-2399	207	9	variable	variable	NOUN
ajeer-2399	207	10	,	,	PUNCT
ajeer-2399	207	11	their	their	PRON
ajeer-2399	207	12	residuals	residual	NOUN
ajeer-2399	207	13	,	,	PUNCT
ajeer-2399	207	14	uit	uit	NOUN
ajeer-2399	207	15	,	,	PUNCT
ajeer-2399	207	16	are	be	AUX
ajeer-2399	207	17	not	not	PART
ajeer-2399	207	18	i(0	i(0	PROPN
ajeer-2399	207	19	)	)	PUNCT
ajeer-2399	207	20	.	.	PUNCT
ajeer-2399	208	1	in	in	ADP
ajeer-2399	208	2	this	this	DET
ajeer-2399	208	3	case	case	NOUN
ajeer-2399	208	4	,	,	PUNCT
ajeer-2399	208	5	instead	instead	ADV
ajeer-2399	208	6	of	of	ADP
ajeer-2399	208	7	using	use	VERB
ajeer-2399	208	8	ols	ol	NOUN
ajeer-2399	208	9	,	,	PUNCT
ajeer-2399	208	10	the	the	DET
ajeer-2399	208	11	study	study	NOUN
ajeer-2399	208	12	uses	use	VERB
ajeer-2399	208	13	fgls	fgl	NOUN
ajeer-2399	208	14	to	to	PART
ajeer-2399	208	15	estimate	estimate	VERB
ajeer-2399	208	16	the	the	DET
ajeer-2399	208	17	parameters	parameter	NOUN
ajeer-2399	208	18	.	.	PUNCT
ajeer-2399	209	1	17	17	NUM
ajeer-2399	209	2	this	this	PRON
ajeer-2399	209	3	is	be	AUX
ajeer-2399	209	4	for	for	ADP
ajeer-2399	209	5	simplicity	simplicity	NOUN
ajeer-2399	209	6	.	.	PUNCT
ajeer-2399	210	1	the	the	DET
ajeer-2399	210	2	cov	cov	PROPN
ajeer-2399	210	3	(	(	PUNCT
ajeer-2399	210	4	ui	ui	PROPN
ajeer-2399	210	5	,	,	PUNCT
ajeer-2399	210	6	vj	vj	PROPN
ajeer-2399	210	7	)	)	PUNCT
ajeer-2399	210	8	≠	≠	PROPN
ajeer-2399	210	9	0	0	NUM
ajeer-2399	210	10	could	could	AUX
ajeer-2399	210	11	be	be	AUX
ajeer-2399	210	12	the	the	DET
ajeer-2399	210	13	case	case	NOUN
ajeer-2399	210	14	,	,	PUNCT
ajeer-2399	210	15	but	but	CCONJ
ajeer-2399	210	16	it	it	PRON
ajeer-2399	210	17	did	do	AUX
ajeer-2399	210	18	not	not	PART
ajeer-2399	210	19	affect	affect	VERB
ajeer-2399	210	20	the	the	DET
ajeer-2399	210	21	updating	update	VERB
ajeer-2399	210	22	process	process	NOUN
ajeer-2399	210	23	(	(	PUNCT
ajeer-2399	210	24	shumway	shumway	PROPN
ajeer-2399	210	25	&	&	CCONJ
ajeer-2399	210	26	stoffer	stoffer	PROPN
ajeer-2399	210	27	,	,	PUNCT
ajeer-2399	210	28	2017b	2017b	NUM
ajeer-2399	210	29	)	)	PUNCT
ajeer-2399	210	30	.	.	PUNCT
ajeer-2399	211	1	18	18	NUM
ajeer-2399	211	2	kalman	kalman	NOUN
ajeer-2399	211	3	smoother	smooth	ADJ
ajeer-2399	211	4	can	can	AUX
ajeer-2399	211	5	be	be	AUX
ajeer-2399	211	6	implemented	implement	VERB
ajeer-2399	211	7	to	to	PART
ajeer-2399	211	8	estimate	estimate	VERB
ajeer-2399	211	9	the	the	DET
ajeer-2399	211	10	state	state	NOUN
ajeer-2399	211	11	variable	variable	NOUN
ajeer-2399	211	12	as	as	ADV
ajeer-2399	211	13	well	well	ADV
ajeer-2399	211	14	.	.	PUNCT
ajeer-2399	212	1	to	to	PART
ajeer-2399	212	2	estimate	estimate	VERB
ajeer-2399	212	3	the	the	DET
ajeer-2399	212	4	unobserved	unobserved	ADJ
ajeer-2399	212	5	state	state	NOUN
ajeer-2399	212	6	,	,	PUNCT
ajeer-2399	212	7	st	st	PROPN
ajeer-2399	212	8	,	,	PUNCT
ajeer-2399	212	9	using	use	VERB
ajeer-2399	212	10	data	datum	NOUN
ajeer-2399	212	11	y1	y1	NOUN
ajeer-2399	212	12	:	:	PUNCT
ajeer-2399	212	13	s	s	X
ajeer-2399	212	14	=	=	PUNCT
ajeer-2399	212	15	{	{	PUNCT
ajeer-2399	212	16	y1	y1	PROPN
ajeer-2399	212	17	,	,	PUNCT
ajeer-2399	212	18	y2	y2	PROPN
ajeer-2399	212	19	,	,	PUNCT
ajeer-2399	212	20	…	…	PUNCT
ajeer-2399	212	21	,	,	PUNCT
ajeer-2399	212	22	ys	ys	NOUN
ajeer-2399	212	23	}	}	PUNCT
ajeer-2399	212	24	,	,	PUNCT
ajeer-2399	212	25	the	the	DET
ajeer-2399	212	26	process	process	NOUN
ajeer-2399	212	27	is	be	AUX
ajeer-2399	212	28	called	call	VERB
ajeer-2399	212	29	filtering	filter	VERB
ajeer-2399	212	30	when	when	SCONJ
ajeer-2399	212	31	s	s	NOUN
ajeer-2399	212	32	=	=	X
ajeer-2399	212	33	t	t	PROPN
ajeer-2399	212	34	while	while	SCONJ
ajeer-2399	212	35	it	it	PRON
ajeer-2399	212	36	is	be	AUX
ajeer-2399	212	37	called	call	VERB
ajeer-2399	212	38	smoothing	smooth	VERB
ajeer-2399	212	39	for	for	ADP
ajeer-2399	212	40	s	s	PROPN
ajeer-2399	212	41	>	>	X
ajeer-2399	212	42	t	t	PROPN
ajeer-2399	212	43	(	(	PUNCT
ajeer-2399	212	44	shumway	shumway	PROPN
ajeer-2399	212	45	&	&	CCONJ
ajeer-2399	212	46	stoffer	stoffer	PROPN
ajeer-2399	212	47	,	,	PUNCT
ajeer-2399	212	48	2017b	2017b	NUM
ajeer-2399	212	49	)	)	PUNCT
ajeer-2399	212	50	.	.	PUNCT
ajeer-2399	213	1	19	19	NUM
ajeer-2399	213	2	the	the	DET
ajeer-2399	213	3	notation	notation	NOUN
ajeer-2399	213	4	of	of	ADP
ajeer-2399	213	5	st	st	PROPN
ajeer-2399	213	6	s	s	PROPN
ajeer-2399	213	7	=	=	PROPN
ajeer-2399	213	8	e(st|ys	e(st|y	NOUN
ajeer-2399	213	9	)	)	PUNCT
ajeer-2399	213	10	;	;	PUNCT
ajeer-2399	213	11	pt1;t2	pt1;t2	PROPN
ajeer-2399	213	12	s	s	PART
ajeer-2399	213	13	=	=	NOUN
ajeer-2399	213	14	e{(st1	e{(st1	NOUN
ajeer-2399	213	15	−	−	PROPN
ajeer-2399	213	16	st1	st1	PROPN
ajeer-2399	213	17	s	s	PART
ajeer-2399	213	18	)	)	PUNCT
ajeer-2399	213	19	(	(	PUNCT
ajeer-2399	213	20	st2	st2	NOUN
ajeer-2399	213	21	−	−	PROPN
ajeer-2399	213	22	st2	st2	PROPN
ajeer-2399	213	23	s	s	PART
ajeer-2399	213	24	)	)	PUNCT
ajeer-2399	213	25	′|ys	′|ys	PROPN
ajeer-2399	213	26	}	}	PUNCT
ajeer-2399	213	27	.	.	PUNCT
ajeer-2399	214	1	for	for	ADP
ajeer-2399	214	2	t1	t1	NOUN
ajeer-2399	214	3	=	=	SYM
ajeer-2399	214	4	t2	t2	PROPN
ajeer-2399	214	5	,	,	PUNCT
ajeer-2399	214	6	it	it	PRON
ajeer-2399	214	7	uses	use	VERB
ajeer-2399	214	8	the	the	DET
ajeer-2399	214	9	notation	notation	NOUN
ajeer-2399	214	10	pt	pt	NOUN
ajeer-2399	214	11	s.	s.	PROPN
ajeer-2399	214	12	20	20	NUM
ajeer-2399	214	13	see	see	VERB
ajeer-2399	214	14	:	:	PUNCT
ajeer-2399	214	15	shumway	shumway	NOUN
ajeer-2399	214	16	and	and	CCONJ
ajeer-2399	214	17	stoffer	stoffer	PROPN
ajeer-2399	214	18	(	(	PUNCT
ajeer-2399	214	19	2017b	2017b	NUM
ajeer-2399	214	20	)	)	PUNCT
ajeer-2399	214	21	for	for	ADP
ajeer-2399	214	22	the	the	DET
ajeer-2399	214	23	case	case	NOUN
ajeer-2399	214	24	of	of	ADP
ajeer-2399	214	25	correlated	correlate	VERB
ajeer-2399	214	26	noises	noise	NOUN
ajeer-2399	214	27	.	.	PUNCT
ajeer-2399	215	1	asian	asian	ADJ
ajeer-2399	215	2	journal	journal	PROPN
ajeer-2399	215	3	of	of	ADP
ajeer-2399	215	4	economics	economic	NOUN
ajeer-2399	215	5	and	and	CCONJ
ajeer-2399	215	6	empirical	empirical	ADJ
ajeer-2399	215	7	research	research	NOUN
ajeer-2399	215	8	,	,	PUNCT
ajeer-2399	215	9	2020	2020	NUM
ajeer-2399	215	10	,	,	PUNCT
ajeer-2399	215	11	7(2	7(2	NUM
ajeer-2399	215	12	):	):	PUNCT
ajeer-2399	215	13	268	268	NUM
ajeer-2399	215	14	-	-	SYM
ajeer-2399	215	15	281	281	NUM
ajeer-2399	215	16	273	273	NUM
ajeer-2399	215	17	©	©	ADP
ajeer-2399	215	18	2020	2020	NUM
ajeer-2399	215	19	by	by	ADP
ajeer-2399	215	20	the	the	DET
ajeer-2399	215	21	authors	author	NOUN
ajeer-2399	215	22	;	;	PUNCT
ajeer-2399	215	23	licensee	licensee	PROPN
ajeer-2399	215	24	asian	asian	ADJ
ajeer-2399	215	25	online	online	PROPN
ajeer-2399	215	26	journal	journal	PROPN
ajeer-2399	215	27	publishing	publishing	NOUN
ajeer-2399	215	28	group	group	NOUN
ajeer-2399	215	29	ignoring	ignore	VERB
ajeer-2399	215	30	the	the	DET
ajeer-2399	215	31	constant	constant	ADJ
ajeer-2399	215	32	,	,	PUNCT
ajeer-2399	215	33	the	the	DET
ajeer-2399	215	34	log	log	NOUN
ajeer-2399	215	35	-	-	PUNCT
ajeer-2399	215	36	likelihood	likelihood	NOUN
ajeer-2399	215	37	of	of	ADP
ajeer-2399	215	38	logl(φ	logl(φ	NOUN
ajeer-2399	215	39	)	)	PUNCT
ajeer-2399	215	40	is	be	AUX
ajeer-2399	215	41	:	:	PUNCT
ajeer-2399	215	42	logl(φ	logl(φ	NOUN
ajeer-2399	215	43	)	)	PUNCT
ajeer-2399	215	44	=	=	SYM
ajeer-2399	216	1	−	−	PROPN
ajeer-2399	216	2	1	1	NUM
ajeer-2399	216	3	2	2	NUM
ajeer-2399	216	4	∑	∑	NOUN
ajeer-2399	216	5	log|∑t(φ)|n	log|∑t(φ)|n	X
ajeer-2399	216	6	t=1	t=1	PUNCT
ajeer-2399	216	7	−	−	PROPN
ajeer-2399	216	8	1	1	NUM
ajeer-2399	216	9	2	2	NUM
ajeer-2399	216	10	∑	∑	ADP
ajeer-2399	216	11	ϵt(φ)′∑t(φ)−1ϵt(φ)n	ϵt(φ)′∑t(φ)−1ϵt(φ)n	NOUN
ajeer-2399	216	12	t=1	t=1	PROPN
ajeer-2399	216	13	;	;	PUNCT
ajeer-2399	216	14	(	(	PUNCT
ajeer-2399	216	15	12	12	X
ajeer-2399	216	16	)	)	PUNCT
ajeer-2399	216	17	asymptotic	asymptotic	ADJ
ajeer-2399	216	18	properties	property	NOUN
ajeer-2399	216	19	of	of	ADP
ajeer-2399	216	20	consistency	consistency	NOUN
ajeer-2399	216	21	and	and	CCONJ
ajeer-2399	216	22	normality	normality	NOUN
ajeer-2399	216	23	of	of	ADP
ajeer-2399	216	24	estimators	estimator	NOUN
ajeer-2399	216	25	hold	hold	VERB
ajeer-2399	216	26	in	in	ADP
ajeer-2399	216	27	general	general	ADJ
ajeer-2399	216	28	(	(	PUNCT
ajeer-2399	216	29	shumway	shumway	PROPN
ajeer-2399	216	30	&	&	CCONJ
ajeer-2399	216	31	stoffer	stoffer	PROPN
ajeer-2399	216	32	,	,	PUNCT
ajeer-2399	216	33	2017b	2017b	NUM
ajeer-2399	216	34	)	)	PUNCT
ajeer-2399	216	35	.	.	PUNCT
ajeer-2399	217	1	4	4	X
ajeer-2399	217	2	.	.	X
ajeer-2399	217	3	result	result	NOUN
ajeer-2399	217	4	of	of	ADP
ajeer-2399	217	5	the	the	DET
ajeer-2399	217	6	study	study	NOUN
ajeer-2399	217	7	table	table	NOUN
ajeer-2399	217	8	1	1	NUM
ajeer-2399	217	9	summarizes	summarize	NOUN
ajeer-2399	217	10	the	the	DET
ajeer-2399	217	11	statistical	statistical	ADJ
ajeer-2399	217	12	properties	property	NOUN
ajeer-2399	217	13	of	of	ADP
ajeer-2399	217	14	the	the	DET
ajeer-2399	217	15	series	series	NOUN
ajeer-2399	217	16	.	.	PUNCT
ajeer-2399	218	1	additionally	additionally	ADV
ajeer-2399	218	2	,	,	PUNCT
ajeer-2399	218	3	it	it	PRON
ajeer-2399	218	4	uses	use	VERB
ajeer-2399	218	5	the	the	DET
ajeer-2399	218	6	augmented	augment	VERB
ajeer-2399	218	7	dickey	dickey	PROPN
ajeer-2399	218	8	–	–	PUNCT
ajeer-2399	218	9	fuller	full	ADJ
ajeer-2399	218	10	(	(	PUNCT
ajeer-2399	218	11	adf	adf	NOUN
ajeer-2399	218	12	)	)	PUNCT
ajeer-2399	218	13	test	test	NOUN
ajeer-2399	218	14	to	to	PART
ajeer-2399	218	15	check	check	VERB
ajeer-2399	218	16	the	the	DET
ajeer-2399	218	17	stationarity	stationarity	NOUN
ajeer-2399	218	18	of	of	ADP
ajeer-2399	218	19	individual	individual	ADJ
ajeer-2399	218	20	series	series	NOUN
ajeer-2399	218	21	.	.	PUNCT
ajeer-2399	219	1	all	all	DET
ajeer-2399	219	2	series	serie	NOUN
ajeer-2399	219	3	are	be	AUX
ajeer-2399	219	4	i(1	i(1	NOUN
ajeer-2399	219	5	)	)	PUNCT
ajeer-2399	219	6	.	.	PUNCT
ajeer-2399	220	1	in	in	ADP
ajeer-2399	220	2	the	the	DET
ajeer-2399	220	3	case	case	NOUN
ajeer-2399	220	4	of	of	ADP
ajeer-2399	220	5	cointegration	cointegration	NOUN
ajeer-2399	220	6	between	between	ADP
ajeer-2399	220	7	the	the	DET
ajeer-2399	220	8	state	state	NOUN
ajeer-2399	220	9	and	and	CCONJ
ajeer-2399	220	10	observed	observed	ADJ
ajeer-2399	220	11	variables	variable	NOUN
ajeer-2399	220	12	,	,	PUNCT
ajeer-2399	220	13	using	use	VERB
ajeer-2399	220	14	the	the	DET
ajeer-2399	220	15	level	level	NOUN
ajeer-2399	220	16	series	series	NOUN
ajeer-2399	220	17	may	may	AUX
ajeer-2399	220	18	improve	improve	VERB
ajeer-2399	220	19	the	the	DET
ajeer-2399	220	20	estimation	estimation	NOUN
ajeer-2399	220	21	of	of	ADP
ajeer-2399	220	22	common	common	ADJ
ajeer-2399	220	23	factors	factor	NOUN
ajeer-2399	220	24	,	,	PUNCT
ajeer-2399	220	25	as	as	SCONJ
ajeer-2399	220	26	pointed	point	VERB
ajeer-2399	220	27	out	out	ADP
ajeer-2399	220	28	by	by	ADP
ajeer-2399	220	29	corona	corona	PROPN
ajeer-2399	220	30	et	et	PROPN
ajeer-2399	220	31	al	al	PROPN
ajeer-2399	220	32	.	.	PROPN
ajeer-2399	221	1	(	(	PUNCT
ajeer-2399	221	2	2020	2020	NUM
ajeer-2399	221	3	)	)	PUNCT
ajeer-2399	221	4	.	.	PUNCT
ajeer-2399	222	1	4.1	4.1	NUM
ajeer-2399	222	2	.	.	PUNCT
ajeer-2399	223	1	state	state	NOUN
ajeer-2399	223	2	estimation	estimation	NOUN
ajeer-2399	223	3	4.1.1	4.1.1	NUM
ajeer-2399	223	4	.	.	PUNCT
ajeer-2399	224	1	initial	initial	ADJ
ajeer-2399	224	2	coefficient	coefficient	NOUN
ajeer-2399	224	3	estimation	estimation	NOUN
ajeer-2399	224	4	the	the	DET
ajeer-2399	224	5	increase	increase	NOUN
ajeer-2399	224	6	in	in	ADP
ajeer-2399	224	7	cross	cross	ADJ
ajeer-2399	224	8	-	-	ADJ
ajeer-2399	224	9	sectional	sectional	ADJ
ajeer-2399	224	10	dimension	dimension	NOUN
ajeer-2399	224	11	induces	induce	VERB
ajeer-2399	224	12	the	the	DET
ajeer-2399	224	13	number	number	NOUN
ajeer-2399	224	14	of	of	ADP
ajeer-2399	224	15	parameters	parameter	NOUN
ajeer-2399	224	16	to	to	PART
ajeer-2399	224	17	be	be	AUX
ajeer-2399	224	18	estimated	estimate	VERB
ajeer-2399	224	19	in	in	ADP
ajeer-2399	224	20	the	the	DET
ajeer-2399	224	21	system	system	NOUN
ajeer-2399	224	22	that	that	PRON
ajeer-2399	224	23	causes	cause	VERB
ajeer-2399	224	24	the	the	DET
ajeer-2399	224	25	dynamic	dynamic	ADJ
ajeer-2399	224	26	factor	factor	NOUN
ajeer-2399	224	27	model	model	NOUN
ajeer-2399	224	28	to	to	PART
ajeer-2399	224	29	be	be	AUX
ajeer-2399	224	30	less	less	ADV
ajeer-2399	224	31	feasible	feasible	ADJ
ajeer-2399	224	32	in	in	ADP
ajeer-2399	224	33	practice	practice	NOUN
ajeer-2399	224	34	,	,	PUNCT
ajeer-2399	224	35	especially	especially	ADV
ajeer-2399	224	36	for	for	ADP
ajeer-2399	224	37	the	the	DET
ajeer-2399	224	38	finite	finite	ADJ
ajeer-2399	224	39	sample	sample	NOUN
ajeer-2399	224	40	.	.	PUNCT
ajeer-2399	225	1	doz	doz	PROPN
ajeer-2399	225	2	et	et	PROPN
ajeer-2399	225	3	al	al	PROPN
ajeer-2399	225	4	.	.	PROPN
ajeer-2399	225	5	(	(	PUNCT
ajeer-2399	225	6	2011	2011	NUM
ajeer-2399	225	7	)	)	PUNCT
ajeer-2399	225	8	came	come	VERB
ajeer-2399	225	9	up	up	ADP
ajeer-2399	225	10	with	with	ADP
ajeer-2399	225	11	the	the	DET
ajeer-2399	225	12	idea	idea	NOUN
ajeer-2399	225	13	of	of	ADP
ajeer-2399	225	14	replacing	replace	VERB
ajeer-2399	225	15	the	the	DET
ajeer-2399	225	16	parameters	parameter	NOUN
ajeer-2399	225	17	with	with	ADP
ajeer-2399	225	18	their	their	PRON
ajeer-2399	225	19	consistent	consistent	ADJ
ajeer-2399	225	20	estimators	estimator	NOUN
ajeer-2399	225	21	.	.	PUNCT
ajeer-2399	226	1	with	with	ADP
ajeer-2399	226	2	the	the	DET
ajeer-2399	226	3	stationary	stationary	ADJ
ajeer-2399	226	4	assumption	assumption	NOUN
ajeer-2399	226	5	,	,	PUNCT
ajeer-2399	226	6	they	they	PRON
ajeer-2399	226	7	estimated	estimate	VERB
ajeer-2399	226	8	the	the	DET
ajeer-2399	226	9	parameters	parameter	NOUN
ajeer-2399	226	10	by	by	ADP
ajeer-2399	226	11	the	the	DET
ajeer-2399	226	12	ols	ol	NOUN
ajeer-2399	226	13	method	method	NOUN
ajeer-2399	226	14	using	use	VERB
ajeer-2399	226	15	the	the	DET
ajeer-2399	226	16	state	state	NOUN
ajeer-2399	226	17	variable	variable	NOUN
ajeer-2399	226	18	produced	produce	VERB
ajeer-2399	226	19	by	by	ADP
ajeer-2399	226	20	the	the	DET
ajeer-2399	226	21	principal	principal	ADJ
ajeer-2399	226	22	component	component	NOUN
ajeer-2399	226	23	.	.	PUNCT
ajeer-2399	227	1	this	this	DET
ajeer-2399	227	2	method	method	NOUN
ajeer-2399	227	3	improved	improve	VERB
ajeer-2399	227	4	the	the	DET
ajeer-2399	227	5	estimation	estimation	NOUN
ajeer-2399	227	6	of	of	ADP
ajeer-2399	227	7	the	the	DET
ajeer-2399	227	8	common	common	ADJ
ajeer-2399	227	9	factor	factor	NOUN
ajeer-2399	227	10	in	in	ADP
ajeer-2399	227	11	the	the	DET
ajeer-2399	227	12	dynamic	dynamic	ADJ
ajeer-2399	227	13	factor	factor	NOUN
ajeer-2399	227	14	model	model	NOUN
ajeer-2399	227	15	.	.	PUNCT
ajeer-2399	228	1	empirical	empirical	ADJ
ajeer-2399	228	2	studies	study	NOUN
ajeer-2399	228	3	revealed	reveal	VERB
ajeer-2399	228	4	that	that	SCONJ
ajeer-2399	228	5	many	many	ADJ
ajeer-2399	228	6	macroeconomic	macroeconomic	ADJ
ajeer-2399	228	7	variables	variable	NOUN
ajeer-2399	228	8	cointegrate	cointegrate	VERB
ajeer-2399	228	9	with	with	ADP
ajeer-2399	228	10	the	the	DET
ajeer-2399	228	11	state	state	NOUN
ajeer-2399	228	12	of	of	ADP
ajeer-2399	228	13	the	the	DET
ajeer-2399	228	14	economy	economy	NOUN
ajeer-2399	228	15	.	.	PUNCT
ajeer-2399	229	1	ignoring	ignore	VERB
ajeer-2399	229	2	the	the	DET
ajeer-2399	229	3	cointegration	cointegration	NOUN
ajeer-2399	229	4	will	will	AUX
ajeer-2399	229	5	throw	throw	VERB
ajeer-2399	229	6	away	away	ADV
ajeer-2399	229	7	a	a	DET
ajeer-2399	229	8	large	large	ADJ
ajeer-2399	229	9	amount	amount	NOUN
ajeer-2399	229	10	of	of	ADP
ajeer-2399	229	11	information	information	NOUN
ajeer-2399	229	12	.	.	PUNCT
ajeer-2399	230	1	for	for	ADP
ajeer-2399	230	2	this	this	DET
ajeer-2399	230	3	reason	reason	NOUN
ajeer-2399	230	4	,	,	PUNCT
ajeer-2399	230	5	this	this	DET
ajeer-2399	230	6	study	study	NOUN
ajeer-2399	230	7	used	use	VERB
ajeer-2399	230	8	the	the	DET
ajeer-2399	230	9	non	non	ADJ
ajeer-2399	230	10	-	-	ADJ
ajeer-2399	230	11	stationary	stationary	ADJ
ajeer-2399	230	12	series	series	NOUN
ajeer-2399	230	13	.	.	PUNCT
ajeer-2399	231	1	table	table	NOUN
ajeer-2399	231	2	2	2	NUM
ajeer-2399	231	3	shows	show	VERB
ajeer-2399	231	4	the	the	DET
ajeer-2399	231	5	result	result	NOUN
ajeer-2399	231	6	of	of	ADP
ajeer-2399	231	7	the	the	DET
ajeer-2399	231	8	ols	ol	NOUN
ajeer-2399	231	9	of	of	ADP
ajeer-2399	231	10	each	each	DET
ajeer-2399	231	11	series	series	NOUN
ajeer-2399	231	12	on	on	ADP
ajeer-2399	231	13	the	the	DET
ajeer-2399	231	14	state	state	NOUN
ajeer-2399	231	15	variable	variable	NOUN
ajeer-2399	231	16	and	and	CCONJ
ajeer-2399	231	17	their	their	PRON
ajeer-2399	231	18	residual	residual	ADJ
ajeer-2399	231	19	tests	test	NOUN
ajeer-2399	231	20	.	.	PUNCT
ajeer-2399	232	1	figure	figure	VERB
ajeer-2399	232	2	3	3	NUM
ajeer-2399	232	3	plots	plot	NOUN
ajeer-2399	232	4	the	the	DET
ajeer-2399	232	5	residuals	residual	NOUN
ajeer-2399	232	6	of	of	ADP
ajeer-2399	232	7	this	this	DET
ajeer-2399	232	8	result	result	NOUN
ajeer-2399	232	9	(	(	PUNCT
ajeer-2399	232	10	see	see	VERB
ajeer-2399	232	11	appendix	appendix	NOUN
ajeer-2399	232	12	b	b	NOUN
ajeer-2399	232	13	)	)	PUNCT
ajeer-2399	232	14	.	.	PUNCT
ajeer-2399	233	1	the	the	DET
ajeer-2399	233	2	ols	ols	PROPN
ajeer-2399	233	3	results	result	NOUN
ajeer-2399	233	4	show	show	VERB
ajeer-2399	233	5	that	that	SCONJ
ajeer-2399	233	6	some	some	DET
ajeer-2399	233	7	series	series	NOUN
ajeer-2399	233	8	cointegrated	cointegrate	VERB
ajeer-2399	233	9	with	with	ADP
ajeer-2399	233	10	the	the	DET
ajeer-2399	233	11	state	state	NOUN
ajeer-2399	233	12	variable	variable	NOUN
ajeer-2399	233	13	.	.	PUNCT
ajeer-2399	234	1	for	for	ADP
ajeer-2399	234	2	the	the	DET
ajeer-2399	234	3	cointegrated	cointegrate	VERB
ajeer-2399	234	4	series	series	NOUN
ajeer-2399	234	5	,	,	PUNCT
ajeer-2399	234	6	the	the	DET
ajeer-2399	234	7	ols	ols	PROPN
ajeer-2399	234	8	parameter	parameter	PROPN
ajeer-2399	234	9	estimation	estimation	NOUN
ajeer-2399	234	10	holds	hold	VERB
ajeer-2399	234	11	,	,	PUNCT
ajeer-2399	234	12	although	although	SCONJ
ajeer-2399	234	13	its	its	PRON
ajeer-2399	234	14	inference	inference	NOUN
ajeer-2399	234	15	is	be	AUX
ajeer-2399	234	16	not	not	PART
ajeer-2399	234	17	valid	valid	ADJ
ajeer-2399	234	18	.	.	PUNCT
ajeer-2399	235	1	for	for	ADP
ajeer-2399	235	2	series	series	NOUN
ajeer-2399	235	3	that	that	PRON
ajeer-2399	235	4	are	be	AUX
ajeer-2399	235	5	not	not	PART
ajeer-2399	235	6	cointegrated	cointegrate	VERB
ajeer-2399	235	7	,	,	PUNCT
ajeer-2399	235	8	the	the	DET
ajeer-2399	235	9	ols	ol	NOUN
ajeer-2399	235	10	estimation	estimation	NOUN
ajeer-2399	235	11	is	be	AUX
ajeer-2399	235	12	spurious	spurious	ADJ
ajeer-2399	235	13	,	,	PUNCT
ajeer-2399	235	14	so	so	CCONJ
ajeer-2399	235	15	the	the	DET
ajeer-2399	235	16	study	study	NOUN
ajeer-2399	235	17	refers	refer	VERB
ajeer-2399	235	18	to	to	ADP
ajeer-2399	235	19	the	the	DET
ajeer-2399	235	20	fgls	fgls	NOUN
ajeer-2399	235	21	to	to	PART
ajeer-2399	235	22	estimate	estimate	VERB
ajeer-2399	235	23	the	the	DET
ajeer-2399	235	24	parameters	parameter	NOUN
ajeer-2399	235	25	.	.	PUNCT
ajeer-2399	236	1	4.1.2	4.1.2	NUM
ajeer-2399	236	2	.	.	NOUN
ajeer-2399	236	3	dynamic	dynamic	ADJ
ajeer-2399	236	4	factor	factor	NOUN
ajeer-2399	236	5	model	model	NOUN
ajeer-2399	236	6	(	(	PUNCT
ajeer-2399	236	7	armax	armax	NOUN
ajeer-2399	236	8	)	)	PUNCT
ajeer-2399	236	9	so	so	ADV
ajeer-2399	236	10	far	far	ADV
ajeer-2399	236	11	,	,	PUNCT
ajeer-2399	236	12	the	the	DET
ajeer-2399	236	13	study	study	NOUN
ajeer-2399	236	14	has	have	AUX
ajeer-2399	236	15	not	not	PART
ajeer-2399	236	16	indicated	indicate	VERB
ajeer-2399	236	17	a	a	DET
ajeer-2399	236	18	specific	specific	ADJ
ajeer-2399	236	19	form	form	NOUN
ajeer-2399	236	20	of	of	ADP
ajeer-2399	236	21	armax	armax	ADJ
ajeer-2399	236	22	linear	linear	PROPN
ajeer-2399	236	23	state	state	NOUN
ajeer-2399	236	24	-	-	PUNCT
ajeer-2399	236	25	space	space	NOUN
ajeer-2399	236	26	model	model	NOUN
ajeer-2399	236	27	.	.	PUNCT
ajeer-2399	237	1	using	use	VERB
ajeer-2399	237	2	the	the	DET
ajeer-2399	237	3	state	state	NOUN
ajeer-2399	237	4	variable	variable	NOUN
ajeer-2399	237	5	generated	generate	VERB
ajeer-2399	237	6	by	by	ADP
ajeer-2399	237	7	the	the	DET
ajeer-2399	237	8	principal	principal	ADJ
ajeer-2399	237	9	components	component	NOUN
ajeer-2399	237	10	,	,	PUNCT
ajeer-2399	237	11	it	it	PRON
ajeer-2399	237	12	constructed	construct	VERB
ajeer-2399	237	13	the	the	DET
ajeer-2399	237	14	state	state	NOUN
ajeer-2399	237	15	equation	equation	NOUN
ajeer-2399	237	16	of	of	ADP
ajeer-2399	237	17	the	the	DET
ajeer-2399	237	18	dynamic	dynamic	ADJ
ajeer-2399	237	19	factor	factor	NOUN
ajeer-2399	237	20	model	model	NOUN
ajeer-2399	237	21	in	in	ADP
ajeer-2399	237	22	autoregressive	autoregressive	ADJ
ajeer-2399	237	23	(	(	PUNCT
ajeer-2399	237	24	ar	ar	NOUN
ajeer-2399	237	25	)	)	PUNCT
ajeer-2399	237	26	form	form	NOUN
ajeer-2399	237	27	.	.	PUNCT
ajeer-2399	238	1	table	table	NOUN
ajeer-2399	238	2	3	3	NUM
ajeer-2399	238	3	shows	show	VERB
ajeer-2399	238	4	various	various	ADJ
ajeer-2399	238	5	lag	lag	NOUN
ajeer-2399	238	6	selection	selection	NOUN
ajeer-2399	238	7	criteria	criterion	NOUN
ajeer-2399	238	8	.	.	PUNCT
ajeer-2399	239	1	the	the	DET
ajeer-2399	239	2	akaike	akaike	ADJ
ajeer-2399	239	3	information	information	NOUN
ajeer-2399	239	4	criterion	criterion	NOUN
ajeer-2399	239	5	(	(	PUNCT
ajeer-2399	239	6	aic	aic	PROPN
ajeer-2399	239	7	)	)	PUNCT
ajeer-2399	239	8	suggested	suggest	VERB
ajeer-2399	239	9	the	the	DET
ajeer-2399	239	10	ar	ar	PROPN
ajeer-2399	239	11	(	(	PUNCT
ajeer-2399	239	12	4	4	NUM
ajeer-2399	239	13	)	)	PUNCT
ajeer-2399	239	14	model	model	NOUN
ajeer-2399	239	15	for	for	ADP
ajeer-2399	239	16	the	the	DET
ajeer-2399	239	17	state	state	NOUN
ajeer-2399	239	18	equation	equation	NOUN
ajeer-2399	239	19	.	.	PUNCT
ajeer-2399	240	1	for	for	ADP
ajeer-2399	240	2	the	the	DET
ajeer-2399	240	3	non	non	ADJ
ajeer-2399	240	4	-	-	ADJ
ajeer-2399	240	5	stationary	stationary	ADJ
ajeer-2399	240	6	autoregressive	autoregressive	ADJ
ajeer-2399	240	7	model	model	NOUN
ajeer-2399	240	8	,	,	PUNCT
ajeer-2399	240	9	the	the	DET
ajeer-2399	240	10	asymptotic	asymptotic	ADJ
ajeer-2399	240	11	distribution	distribution	NOUN
ajeer-2399	240	12	of	of	ADP
ajeer-2399	240	13	aic	aic	PROPN
ajeer-2399	240	14	held	hold	VERB
ajeer-2399	240	15	,	,	PUNCT
ajeer-2399	240	16	while	while	SCONJ
ajeer-2399	240	17	the	the	DET
ajeer-2399	240	18	bayesian	bayesian	NOUN
ajeer-2399	240	19	information	information	NOUN
ajeer-2399	240	20	criterion	criterion	NOUN
ajeer-2399	240	21	(	(	PUNCT
ajeer-2399	240	22	bic	bic	PROPN
ajeer-2399	240	23	)	)	PUNCT
ajeer-2399	240	24	was	be	AUX
ajeer-2399	240	25	weakly	weakly	ADV
ajeer-2399	240	26	consistent	consistent	ADJ
ajeer-2399	240	27	(	(	PUNCT
ajeer-2399	240	28	tsay	tsay	PROPN
ajeer-2399	240	29	,	,	PUNCT
ajeer-2399	240	30	1984	1984	NUM
ajeer-2399	240	31	)	)	PUNCT
ajeer-2399	240	32	.	.	PUNCT
ajeer-2399	241	1	for	for	ADP
ajeer-2399	241	2	the	the	DET
ajeer-2399	241	3	observation	observation	NOUN
ajeer-2399	241	4	equation	equation	NOUN
ajeer-2399	241	5	,	,	PUNCT
ajeer-2399	241	6	the	the	DET
ajeer-2399	241	7	study	study	NOUN
ajeer-2399	241	8	introduced	introduce	VERB
ajeer-2399	241	9	two	two	NUM
ajeer-2399	241	10	lags	lag	NOUN
ajeer-2399	241	11	of	of	ADP
ajeer-2399	241	12	the	the	DET
ajeer-2399	241	13	state	state	NOUN
ajeer-2399	241	14	variable	variable	NOUN
ajeer-2399	241	15	.	.	PUNCT
ajeer-2399	242	1	the	the	DET
ajeer-2399	242	2	study	study	NOUN
ajeer-2399	242	3	controlled	control	VERB
ajeer-2399	242	4	for	for	ADP
ajeer-2399	242	5	exogenous	exogenous	ADJ
ajeer-2399	242	6	variables	variable	NOUN
ajeer-2399	242	7	to	to	PART
ajeer-2399	242	8	improve	improve	VERB
ajeer-2399	242	9	the	the	DET
ajeer-2399	242	10	model	model	NOUN
ajeer-2399	242	11	fitness.21	fitness.21	PROPN
ajeer-2399	242	12	moreover	moreover	ADV
ajeer-2399	242	13	,	,	PUNCT
ajeer-2399	242	14	it	it	PRON
ajeer-2399	242	15	replaced	replace	VERB
ajeer-2399	242	16	the	the	DET
ajeer-2399	242	17	parameters	parameter	NOUN
ajeer-2399	242	18	ρt	ρt	ADV
ajeer-2399	242	19	with	with	ADP
ajeer-2399	242	20	ρ̂t	ρ̂t	PRON
ajeer-2399	242	21	estimated	estimate	VERB
ajeer-2399	242	22	by	by	ADP
ajeer-2399	242	23	the	the	DET
ajeer-2399	242	24	ols	ol	NOUN
ajeer-2399	242	25	and	and	CCONJ
ajeer-2399	242	26	fgls	fgls	NOUN
ajeer-2399	242	27	.	.	PUNCT
ajeer-2399	243	1	the	the	DET
ajeer-2399	243	2	study	study	NOUN
ajeer-2399	243	3	used	use	VERB
ajeer-2399	243	4	a	a	DET
ajeer-2399	243	5	diffuse	diffuse	NOUN
ajeer-2399	243	6	initial	initial	ADJ
ajeer-2399	243	7	state	state	NOUN
ajeer-2399	243	8	condition	condition	NOUN
ajeer-2399	243	9	.	.	PUNCT
ajeer-2399	244	1	additionally	additionally	ADV
ajeer-2399	244	2	,	,	PUNCT
ajeer-2399	244	3	it	it	PRON
ajeer-2399	244	4	restricts	restrict	VERB
ajeer-2399	244	5	the	the	DET
ajeer-2399	244	6	variances	variance	NOUN
ajeer-2399	244	7	of	of	ADP
ajeer-2399	244	8	the	the	DET
ajeer-2399	244	9	idiosyncratic	idiosyncratic	ADJ
ajeer-2399	244	10	noises	noise	NOUN
ajeer-2399	244	11	of	of	ADP
ajeer-2399	244	12	both	both	DET
ajeer-2399	244	13	observed	observed	ADJ
ajeer-2399	244	14	and	and	CCONJ
ajeer-2399	244	15	state	state	NOUN
ajeer-2399	244	16	equations	equation	NOUN
ajeer-2399	244	17	to	to	PART
ajeer-2399	244	18	be	be	AUX
ajeer-2399	244	19	non	non	ADJ
ajeer-2399	244	20	-	-	ADJ
ajeer-2399	244	21	negative	negative	ADJ
ajeer-2399	244	22	.	.	PUNCT
ajeer-2399	245	1	table	table	NOUN
ajeer-2399	245	2	4	4	NUM
ajeer-2399	245	3	shows	show	VERB
ajeer-2399	245	4	the	the	DET
ajeer-2399	245	5	results	result	NOUN
ajeer-2399	245	6	of	of	ADP
ajeer-2399	245	7	the	the	DET
ajeer-2399	245	8	state	state	NOUN
ajeer-2399	245	9	-	-	PUNCT
ajeer-2399	245	10	space	space	NOUN
ajeer-2399	245	11	model	model	NOUN
ajeer-2399	245	12	.	.	PUNCT
ajeer-2399	246	1	figure	figure	NOUN
ajeer-2399	246	2	4	4	NUM
ajeer-2399	246	3	shows	show	VERB
ajeer-2399	246	4	the	the	DET
ajeer-2399	246	5	movement	movement	NOUN
ajeer-2399	246	6	of	of	ADP
ajeer-2399	246	7	the	the	DET
ajeer-2399	246	8	state	state	NOUN
ajeer-2399	246	9	estimated	estimate	VERB
ajeer-2399	246	10	by	by	ADP
ajeer-2399	246	11	the	the	DET
ajeer-2399	246	12	kalman	kalman	PROPN
ajeer-2399	246	13	filter	filter	NOUN
ajeer-2399	246	14	and	and	CCONJ
ajeer-2399	246	15	smoother	smooth	ADJ
ajeer-2399	246	16	together	together	ADV
ajeer-2399	246	17	with	with	ADP
ajeer-2399	246	18	confidence	confidence	NOUN
ajeer-2399	246	19	intervals	interval	NOUN
ajeer-2399	246	20	as	as	ADV
ajeer-2399	246	21	well	well	ADV
ajeer-2399	246	22	as	as	ADP
ajeer-2399	246	23	its	its	PRON
ajeer-2399	246	24	residual	residual	ADJ
ajeer-2399	246	25	movement	movement	NOUN
ajeer-2399	246	26	.	.	PUNCT
ajeer-2399	247	1	figure	figure	NOUN
ajeer-2399	247	2	5	5	NUM
ajeer-2399	247	3	shows	show	VERB
ajeer-2399	247	4	the	the	DET
ajeer-2399	247	5	distribution	distribution	NOUN
ajeer-2399	247	6	of	of	ADP
ajeer-2399	247	7	the	the	DET
ajeer-2399	247	8	estimated	estimate	VERB
ajeer-2399	247	9	residuals	residual	NOUN
ajeer-2399	247	10	of	of	ADP
ajeer-2399	247	11	both	both	DET
ajeer-2399	247	12	state	state	NOUN
ajeer-2399	247	13	and	and	CCONJ
ajeer-2399	247	14	observation	observation	NOUN
ajeer-2399	247	15	equations	equation	NOUN
ajeer-2399	247	16	.	.	PUNCT
ajeer-2399	248	1	the	the	DET
ajeer-2399	248	2	disturbance	disturbance	NOUN
ajeer-2399	248	3	of	of	ADP
ajeer-2399	248	4	the	the	DET
ajeer-2399	248	5	state	state	NOUN
ajeer-2399	248	6	equation	equation	NOUN
ajeer-2399	248	7	behaves	behave	VERB
ajeer-2399	248	8	like	like	ADP
ajeer-2399	248	9	a	a	DET
ajeer-2399	248	10	normal	normal	ADJ
ajeer-2399	248	11	distribution	distribution	NOUN
ajeer-2399	248	12	.	.	PUNCT
ajeer-2399	249	1	on	on	ADP
ajeer-2399	249	2	the	the	DET
ajeer-2399	249	3	other	other	ADJ
ajeer-2399	249	4	hand	hand	NOUN
ajeer-2399	249	5	,	,	PUNCT
ajeer-2399	249	6	some	some	DET
ajeer-2399	249	7	disturbances	disturbance	NOUN
ajeer-2399	249	8	of	of	ADP
ajeer-2399	249	9	the	the	DET
ajeer-2399	249	10	observation	observation	NOUN
ajeer-2399	249	11	equations	equation	NOUN
ajeer-2399	249	12	fail	fail	VERB
ajeer-2399	249	13	to	to	PART
ajeer-2399	249	14	meet	meet	VERB
ajeer-2399	249	15	the	the	DET
ajeer-2399	249	16	gaussian	gaussian	ADJ
ajeer-2399	249	17	assumption	assumption	NOUN
ajeer-2399	249	18	.	.	PUNCT
ajeer-2399	250	1	durbin	durbin	ADJ
ajeer-2399	250	2	and	and	CCONJ
ajeer-2399	250	3	koopman	koopman	PROPN
ajeer-2399	250	4	(	(	PUNCT
ajeer-2399	250	5	2012	2012	NUM
ajeer-2399	250	6	)	)	PUNCT
ajeer-2399	250	7	showed	show	VERB
ajeer-2399	250	8	that	that	SCONJ
ajeer-2399	250	9	even	even	ADV
ajeer-2399	250	10	without	without	ADP
ajeer-2399	250	11	the	the	DET
ajeer-2399	250	12	normality	normality	NOUN
ajeer-2399	250	13	assumption	assumption	NOUN
ajeer-2399	250	14	,	,	PUNCT
ajeer-2399	250	15	from	from	ADP
ajeer-2399	250	16	the	the	DET
ajeer-2399	250	17	minimum	minimum	ADJ
ajeer-2399	250	18	variance	variance	NOUN
ajeer-2399	250	19	linear	linear	ADJ
ajeer-2399	250	20	unbiased	unbiased	ADJ
ajeer-2399	250	21	estimation	estimation	NOUN
ajeer-2399	250	22	approach	approach	NOUN
ajeer-2399	250	23	,	,	PUNCT
ajeer-2399	250	24	the	the	DET
ajeer-2399	250	25	estimation	estimation	NOUN
ajeer-2399	250	26	of	of	ADP
ajeer-2399	250	27	state	state	NOUN
ajeer-2399	250	28	variables	variable	NOUN
ajeer-2399	250	29	(	(	PUNCT
ajeer-2399	250	30	st+1	st+1	NUM
ajeer-2399	250	31	and	and	CCONJ
ajeer-2399	250	32	st	st	PROPN
ajeer-2399	250	33	)	)	PUNCT
ajeer-2399	250	34	and	and	CCONJ
ajeer-2399	250	35	their	their	PRON
ajeer-2399	250	36	variances	variance	NOUN
ajeer-2399	250	37	(	(	PUNCT
ajeer-2399	250	38	pt+1and	pt+1and	NOUN
ajeer-2399	250	39	pt	pt	X
ajeer-2399	250	40	)	)	PUNCT
ajeer-2399	250	41	were	be	AUX
ajeer-2399	250	42	the	the	DET
ajeer-2399	250	43	same	same	ADJ
ajeer-2399	250	44	as	as	ADP
ajeer-2399	250	45	the	the	DET
ajeer-2399	250	46	estimates	estimate	NOUN
ajeer-2399	250	47	from	from	ADP
ajeer-2399	250	48	the	the	DET
ajeer-2399	250	49	classical	classical	ADJ
ajeer-2399	250	50	and	and	CCONJ
ajeer-2399	250	51	bayesian	bayesian	NOUN
ajeer-2399	250	52	viewpoints	viewpoint	NOUN
ajeer-2399	250	53	.	.	PUNCT
ajeer-2399	251	1	figure	figure	NOUN
ajeer-2399	251	2	1	1	NUM
ajeer-2399	251	3	summarized	summarize	VERB
ajeer-2399	251	4	the	the	DET
ajeer-2399	251	5	result	result	NOUN
ajeer-2399	251	6	of	of	ADP
ajeer-2399	251	7	the	the	DET
ajeer-2399	251	8	estimation	estimation	NOUN
ajeer-2399	251	9	of	of	ADP
ajeer-2399	251	10	the	the	DET
ajeer-2399	251	11	cambodian	cambodian	ADJ
ajeer-2399	251	12	economic	economic	ADJ
ajeer-2399	251	13	condition	condition	NOUN
ajeer-2399	251	14	.	.	PUNCT
ajeer-2399	252	1	panel	panel	NOUN
ajeer-2399	252	2	(	(	PUNCT
ajeer-2399	252	3	a	a	X
ajeer-2399	252	4	)	)	PUNCT
ajeer-2399	252	5	shows	show	VERB
ajeer-2399	252	6	the	the	DET
ajeer-2399	252	7	estimation	estimation	NOUN
ajeer-2399	252	8	of	of	ADP
ajeer-2399	252	9	the	the	DET
ajeer-2399	252	10	state	state	NOUN
ajeer-2399	252	11	variable	variable	NOUN
ajeer-2399	252	12	by	by	ADP
ajeer-2399	252	13	various	various	ADJ
ajeer-2399	252	14	methods	method	NOUN
ajeer-2399	252	15	(	(	PUNCT
ajeer-2399	252	16	principal	principal	ADJ
ajeer-2399	252	17	component	component	NOUN
ajeer-2399	252	18	,	,	PUNCT
ajeer-2399	252	19	kalman	kalman	NOUN
ajeer-2399	252	20	filter	filter	PROPN
ajeer-2399	252	21	,	,	PUNCT
ajeer-2399	252	22	and	and	CCONJ
ajeer-2399	252	23	kalman	kalman	PROPN
ajeer-2399	252	24	smoother	smoother	PROPN
ajeer-2399	252	25	)	)	PUNCT
ajeer-2399	252	26	,	,	PUNCT
ajeer-2399	252	27	and	and	CCONJ
ajeer-2399	252	28	panel	panel	NOUN
ajeer-2399	252	29	(	(	PUNCT
ajeer-2399	252	30	b	b	NOUN
ajeer-2399	252	31	)	)	PUNCT
ajeer-2399	252	32	shows	show	VERB
ajeer-2399	252	33	their	their	PRON
ajeer-2399	252	34	comovement	comovement	NOUN
ajeer-2399	252	35	with	with	ADP
ajeer-2399	252	36	gdp	gdp	NOUN
ajeer-2399	252	37	growth	growth	NOUN
ajeer-2399	252	38	rate.22	rate.22	NOUN
ajeer-2399	252	39	all	all	DET
ajeer-2399	252	40	methods	method	NOUN
ajeer-2399	252	41	tended	tend	VERB
ajeer-2399	252	42	to	to	PART
ajeer-2399	252	43	capture	capture	VERB
ajeer-2399	252	44	well	well	ADV
ajeer-2399	252	45	when	when	SCONJ
ajeer-2399	252	46	the	the	DET
ajeer-2399	252	47	economy	economy	NOUN
ajeer-2399	252	48	performs	perform	VERB
ajeer-2399	252	49	below	below	ADP
ajeer-2399	252	50	its	its	PRON
ajeer-2399	252	51	potential	potential	ADJ
ajeer-2399	252	52	level	level	NOUN
ajeer-2399	252	53	.	.	PUNCT
ajeer-2399	253	1	all	all	DET
ajeer-2399	253	2	methods	method	NOUN
ajeer-2399	253	3	revealed	reveal	VERB
ajeer-2399	253	4	a	a	DET
ajeer-2399	253	5	similar	similar	ADJ
ajeer-2399	253	6	pattern	pattern	NOUN
ajeer-2399	253	7	that	that	PRON
ajeer-2399	253	8	the	the	DET
ajeer-2399	253	9	economy	economy	NOUN
ajeer-2399	253	10	performed	perform	VERB
ajeer-2399	253	11	below	below	ADP
ajeer-2399	253	12	the	the	DET
ajeer-2399	253	13	average	average	ADJ
ajeer-2399	253	14	level	level	NOUN
ajeer-2399	253	15	during	during	ADP
ajeer-2399	253	16	2016	2016	NUM
ajeer-2399	253	17	and	and	CCONJ
ajeer-2399	253	18	2017	2017	NUM
ajeer-2399	253	19	.	.	PUNCT
ajeer-2399	254	1	the	the	DET
ajeer-2399	254	2	economy	economy	NOUN
ajeer-2399	254	3	somehow	somehow	ADV
ajeer-2399	254	4	recovered	recover	VERB
ajeer-2399	254	5	after	after	ADP
ajeer-2399	254	6	mid-2017	mid-2017	NOUN
ajeer-2399	254	7	.	.	PUNCT
ajeer-2399	255	1	figure-1	figure-1	NOUN
ajeer-2399	255	2	.	.	PUNCT
ajeer-2399	255	3	state	state	NOUN
ajeer-2399	255	4	estimation	estimation	NOUN
ajeer-2399	255	5	by	by	ADP
ajeer-2399	255	6	kalman	kalman	PROPN
ajeer-2399	255	7	smoother	smoother	PROPN
ajeer-2399	255	8	,	,	PUNCT
ajeer-2399	255	9	kalman	kalman	PROPN
ajeer-2399	255	10	filter	filter	PROPN
ajeer-2399	255	11	,	,	PUNCT
ajeer-2399	255	12	and	and	CCONJ
ajeer-2399	255	13	principal	principal	ADJ
ajeer-2399	255	14	components	component	NOUN
ajeer-2399	255	15	and	and	CCONJ
ajeer-2399	255	16	their	their	PRON
ajeer-2399	255	17	comovement	comovement	NOUN
ajeer-2399	255	18	with	with	ADP
ajeer-2399	255	19	gdp	gdp	PROPN
ajeer-2399	255	20	.	.	PROPN
ajeer-2399	255	21	21	21	NUM
ajeer-2399	255	22	the	the	DET
ajeer-2399	255	23	aic	aic	PROPN
ajeer-2399	255	24	value	value	NOUN
ajeer-2399	255	25	of	of	ADP
ajeer-2399	255	26	the	the	DET
ajeer-2399	255	27	model	model	NOUN
ajeer-2399	255	28	with	with	ADP
ajeer-2399	255	29	exogenous	exogenous	ADJ
ajeer-2399	255	30	variables	variable	NOUN
ajeer-2399	255	31	is	be	AUX
ajeer-2399	255	32	-1.940	-1.940	VERB
ajeer-2399	255	33	,	,	PUNCT
ajeer-2399	255	34	while	while	SCONJ
ajeer-2399	255	35	it	it	PRON
ajeer-2399	255	36	is	be	AUX
ajeer-2399	255	37	3.129	3.129	NUM
ajeer-2399	255	38	for	for	ADP
ajeer-2399	255	39	the	the	DET
ajeer-2399	255	40	model	model	NOUN
ajeer-2399	255	41	without	without	ADP
ajeer-2399	255	42	controlling	control	VERB
ajeer-2399	255	43	exogenous	exogenous	ADJ
ajeer-2399	255	44	variables	variable	NOUN
ajeer-2399	255	45	.	.	PUNCT
ajeer-2399	256	1	22	22	NUM
ajeer-2399	256	2	the	the	DET
ajeer-2399	256	3	monthly	monthly	ADJ
ajeer-2399	256	4	movement	movement	NOUN
ajeer-2399	256	5	of	of	ADP
ajeer-2399	256	6	coincident	coincident	ADJ
ajeer-2399	256	7	indicators	indicator	NOUN
ajeer-2399	256	8	produced	produce	VERB
ajeer-2399	256	9	by	by	ADP
ajeer-2399	256	10	each	each	DET
ajeer-2399	256	11	methodology	methodology	NOUN
ajeer-2399	256	12	are	be	AUX
ajeer-2399	256	13	aggregated	aggregate	VERB
ajeer-2399	256	14	into	into	ADP
ajeer-2399	256	15	annual	annual	ADJ
ajeer-2399	256	16	data	datum	NOUN
ajeer-2399	256	17	.	.	PUNCT
ajeer-2399	257	1	asian	asian	ADJ
ajeer-2399	257	2	journal	journal	PROPN
ajeer-2399	257	3	of	of	ADP
ajeer-2399	257	4	economics	economic	NOUN
ajeer-2399	257	5	and	and	CCONJ
ajeer-2399	257	6	empirical	empirical	ADJ
ajeer-2399	257	7	research	research	NOUN
ajeer-2399	257	8	,	,	PUNCT
ajeer-2399	257	9	2020	2020	NUM
ajeer-2399	257	10	,	,	PUNCT
ajeer-2399	257	11	7(2	7(2	NUM
ajeer-2399	257	12	):	):	PUNCT
ajeer-2399	257	13	268	268	NUM
ajeer-2399	257	14	-	-	SYM
ajeer-2399	257	15	281	281	NUM
ajeer-2399	257	16	274	274	NUM
ajeer-2399	257	17	©	©	PROPN
ajeer-2399	257	18	2020	2020	NUM
ajeer-2399	257	19	by	by	ADP
ajeer-2399	257	20	the	the	DET
ajeer-2399	257	21	authors	author	NOUN
ajeer-2399	257	22	;	;	PUNCT
ajeer-2399	257	23	licensee	licensee	PROPN
ajeer-2399	257	24	asian	asian	ADJ
ajeer-2399	257	25	online	online	PROPN
ajeer-2399	257	26	journal	journal	PROPN
ajeer-2399	257	27	publishing	publishing	NOUN
ajeer-2399	257	28	group	group	PROPN
ajeer-2399	257	29	4.2	4.2	NUM
ajeer-2399	257	30	.	.	PUNCT
ajeer-2399	258	1	foreign	foreign	ADJ
ajeer-2399	258	2	direct	direct	ADJ
ajeer-2399	258	3	investment	investment	NOUN
ajeer-2399	258	4	inflow	inflow	NOUN
ajeer-2399	258	5	and	and	CCONJ
ajeer-2399	258	6	the	the	DET
ajeer-2399	258	7	state	state	NOUN
ajeer-2399	258	8	of	of	ADP
ajeer-2399	258	9	the	the	DET
ajeer-2399	258	10	economy	economy	NOUN
ajeer-2399	258	11	empirical	empirical	ADJ
ajeer-2399	258	12	studies	study	NOUN
ajeer-2399	258	13	on	on	ADP
ajeer-2399	258	14	the	the	DET
ajeer-2399	258	15	relations	relation	NOUN
ajeer-2399	258	16	between	between	ADP
ajeer-2399	258	17	foreign	foreign	ADJ
ajeer-2399	258	18	direct	direct	ADJ
ajeer-2399	258	19	investment	investment	NOUN
ajeer-2399	258	20	and	and	CCONJ
ajeer-2399	258	21	economic	economic	ADJ
ajeer-2399	258	22	growth	growth	NOUN
ajeer-2399	258	23	have	have	AUX
ajeer-2399	258	24	been	be	AUX
ajeer-2399	258	25	long	long	ADV
ajeer-2399	258	26	discussed	discuss	VERB
ajeer-2399	258	27	.	.	PUNCT
ajeer-2399	259	1	some	some	DET
ajeer-2399	259	2	studies	study	NOUN
ajeer-2399	259	3	found	find	VERB
ajeer-2399	259	4	the	the	DET
ajeer-2399	259	5	impact	impact	NOUN
ajeer-2399	259	6	of	of	ADP
ajeer-2399	259	7	fdi	fdi	NOUN
ajeer-2399	259	8	on	on	ADP
ajeer-2399	259	9	economic	economic	ADJ
ajeer-2399	259	10	growth	growth	NOUN
ajeer-2399	259	11	,	,	PUNCT
ajeer-2399	259	12	e.g.	e.g.	ADV
ajeer-2399	259	13	de	de	PROPN
ajeer-2399	259	14	mello	mello	PROPN
ajeer-2399	259	15	(	(	PUNCT
ajeer-2399	259	16	1999	1999	NUM
ajeer-2399	259	17	)	)	PUNCT
ajeer-2399	259	18	and	and	CCONJ
ajeer-2399	259	19	devajit	devajit	ADJ
ajeer-2399	259	20	(	(	PUNCT
ajeer-2399	259	21	2012	2012	NUM
ajeer-2399	259	22	)	)	PUNCT
ajeer-2399	259	23	,	,	PUNCT
ajeer-2399	259	24	while	while	SCONJ
ajeer-2399	259	25	another	another	PRON
ajeer-2399	259	26	revealed	reveal	VERB
ajeer-2399	259	27	economic	economic	ADJ
ajeer-2399	259	28	growth	growth	NOUN
ajeer-2399	259	29	as	as	ADP
ajeer-2399	259	30	a	a	DET
ajeer-2399	259	31	factor	factor	NOUN
ajeer-2399	259	32	of	of	ADP
ajeer-2399	259	33	fdi	fdi	ADJ
ajeer-2399	259	34	inflow	inflow	NOUN
ajeer-2399	259	35	,	,	PUNCT
ajeer-2399	259	36	e.g.	e.g.	ADV
ajeer-2399	259	37	roy	roy	PROPN
ajeer-2399	259	38	and	and	CCONJ
ajeer-2399	259	39	mandal	mandal	PROPN
ajeer-2399	259	40	(	(	PUNCT
ajeer-2399	259	41	2012	2012	NUM
ajeer-2399	259	42	)	)	PUNCT
ajeer-2399	259	43	.	.	PUNCT
ajeer-2399	260	1	additionally	additionally	ADV
ajeer-2399	260	2	,	,	PUNCT
ajeer-2399	260	3	srinivasan	srinivasan	NOUN
ajeer-2399	260	4	,	,	PUNCT
ajeer-2399	260	5	kalaivani	kalaivani	PROPN
ajeer-2399	260	6	,	,	PUNCT
ajeer-2399	260	7	and	and	CCONJ
ajeer-2399	260	8	ibrahim	ibrahim	PROPN
ajeer-2399	260	9	(	(	PUNCT
ajeer-2399	260	10	2010	2010	NUM
ajeer-2399	260	11	)	)	PUNCT
ajeer-2399	260	12	and	and	CCONJ
ajeer-2399	260	13	hossain	hossain	PROPN
ajeer-2399	260	14	and	and	CCONJ
ajeer-2399	260	15	hossain	hossain	PROPN
ajeer-2399	260	16	(	(	PUNCT
ajeer-2399	260	17	2012	2012	NUM
ajeer-2399	260	18	)	)	PUNCT
ajeer-2399	260	19	discovered	discover	VERB
ajeer-2399	260	20	cointegration	cointegration	NOUN
ajeer-2399	260	21	between	between	ADP
ajeer-2399	260	22	the	the	DET
ajeer-2399	260	23	two	two	NUM
ajeer-2399	260	24	variables	variable	NOUN
ajeer-2399	260	25	.	.	PUNCT
ajeer-2399	261	1	türkcan	türkcan	ADJ
ajeer-2399	261	2	,	,	PUNCT
ajeer-2399	261	3	duman	duman	PROPN
ajeer-2399	261	4	,	,	PUNCT
ajeer-2399	261	5	and	and	CCONJ
ajeer-2399	261	6	yetkiner	yetkiner	NOUN
ajeer-2399	261	7	(	(	PUNCT
ajeer-2399	261	8	2008	2008	NUM
ajeer-2399	261	9	)	)	PUNCT
ajeer-2399	261	10	pointed	point	VERB
ajeer-2399	261	11	out	out	ADP
ajeer-2399	261	12	the	the	DET
ajeer-2399	261	13	simultaneous	simultaneous	ADJ
ajeer-2399	261	14	causation	causation	NOUN
ajeer-2399	261	15	between	between	ADP
ajeer-2399	261	16	fdi	fdi	PROPN
ajeer-2399	261	17	and	and	CCONJ
ajeer-2399	261	18	economic	economic	ADJ
ajeer-2399	261	19	growth	growth	NOUN
ajeer-2399	261	20	,	,	PUNCT
ajeer-2399	261	21	and	and	CCONJ
ajeer-2399	261	22	alfaro	alfaro	PROPN
ajeer-2399	261	23	(	(	PUNCT
ajeer-2399	261	24	2003	2003	NUM
ajeer-2399	261	25	)	)	PUNCT
ajeer-2399	261	26	studied	study	VERB
ajeer-2399	261	27	the	the	DET
ajeer-2399	261	28	heterogeneity	heterogeneity	NOUN
ajeer-2399	261	29	across	across	ADP
ajeer-2399	261	30	sectors	sector	NOUN
ajeer-2399	261	31	on	on	ADP
ajeer-2399	261	32	the	the	DET
ajeer-2399	261	33	relations	relation	NOUN
ajeer-2399	261	34	between	between	ADP
ajeer-2399	261	35	fdi	fdi	NOUN
ajeer-2399	261	36	and	and	CCONJ
ajeer-2399	261	37	growth	growth	NOUN
ajeer-2399	261	38	.	.	PUNCT
ajeer-2399	262	1	this	this	DET
ajeer-2399	262	2	study	study	NOUN
ajeer-2399	262	3	skipped	skip	VERB
ajeer-2399	262	4	this	this	DET
ajeer-2399	262	5	discussion	discussion	NOUN
ajeer-2399	262	6	.	.	PUNCT
ajeer-2399	263	1	the	the	DET
ajeer-2399	263	2	study	study	NOUN
ajeer-2399	263	3	explored	explore	VERB
ajeer-2399	263	4	the	the	DET
ajeer-2399	263	5	impact	impact	NOUN
ajeer-2399	263	6	of	of	ADP
ajeer-2399	263	7	the	the	DET
ajeer-2399	263	8	economic	economic	ADJ
ajeer-2399	263	9	condition	condition	NOUN
ajeer-2399	263	10	on	on	ADP
ajeer-2399	263	11	the	the	DET
ajeer-2399	263	12	fdi	fdi	NOUN
ajeer-2399	263	13	inflow	inflow	NOUN
ajeer-2399	263	14	by	by	ADP
ajeer-2399	263	15	exploiting	exploit	VERB
ajeer-2399	263	16	the	the	DET
ajeer-2399	263	17	coincident	coincident	ADJ
ajeer-2399	263	18	index	index	NOUN
ajeer-2399	263	19	using	use	VERB
ajeer-2399	263	20	the	the	DET
ajeer-2399	263	21	ardl	ardl	NOUN
ajeer-2399	263	22	model.23	model.23	PROPN
ajeer-2399	263	23	bevan	bevan	PROPN
ajeer-2399	263	24	and	and	CCONJ
ajeer-2399	263	25	estrin	estrin	NOUN
ajeer-2399	263	26	(	(	PUNCT
ajeer-2399	263	27	2000	2000	NUM
ajeer-2399	263	28	)	)	PUNCT
ajeer-2399	263	29	indicated	indicate	VERB
ajeer-2399	263	30	macroeconomic	macroeconomic	ADJ
ajeer-2399	263	31	variables	variable	NOUN
ajeer-2399	263	32	,	,	PUNCT
ajeer-2399	263	33	such	such	ADJ
ajeer-2399	263	34	as	as	ADP
ajeer-2399	263	35	growth	growth	NOUN
ajeer-2399	263	36	,	,	PUNCT
ajeer-2399	263	37	inflation	inflation	NOUN
ajeer-2399	263	38	,	,	PUNCT
ajeer-2399	263	39	and	and	CCONJ
ajeer-2399	263	40	exchange	exchange	NOUN
ajeer-2399	263	41	rate	rate	NOUN
ajeer-2399	263	42	risk	risk	NOUN
ajeer-2399	263	43	,	,	PUNCT
ajeer-2399	263	44	as	as	ADP
ajeer-2399	263	45	determinants	determinant	NOUN
ajeer-2399	263	46	of	of	ADP
ajeer-2399	263	47	fdi	fdi	ADJ
ajeer-2399	263	48	inflow	inflow	NOUN
ajeer-2399	263	49	to	to	ADP
ajeer-2399	263	50	a	a	DET
ajeer-2399	263	51	transitional	transitional	ADJ
ajeer-2399	263	52	economy	economy	NOUN
ajeer-2399	263	53	.	.	PUNCT
ajeer-2399	264	1	pan	pan	PROPN
ajeer-2399	264	2	(	(	PUNCT
ajeer-2399	264	3	2003	2003	NUM
ajeer-2399	264	4	)	)	PUNCT
ajeer-2399	264	5	examined	examine	VERB
ajeer-2399	264	6	the	the	DET
ajeer-2399	264	7	determinants	determinant	NOUN
ajeer-2399	264	8	of	of	ADP
ajeer-2399	264	9	fdi	fdi	ADJ
ajeer-2399	264	10	inflow	inflow	NOUN
ajeer-2399	264	11	for	for	ADP
ajeer-2399	264	12	a	a	DET
ajeer-2399	264	13	country	country	NOUN
ajeer-2399	264	14	-	-	PUNCT
ajeer-2399	264	15	specific	specific	ADJ
ajeer-2399	264	16	study	study	NOUN
ajeer-2399	264	17	.	.	PUNCT
ajeer-2399	265	1	table	table	NOUN
ajeer-2399	265	2	5	5	NUM
ajeer-2399	265	3	shows	show	VERB
ajeer-2399	265	4	the	the	DET
ajeer-2399	265	5	dynamic	dynamic	ADJ
ajeer-2399	265	6	relationship	relationship	NOUN
ajeer-2399	265	7	between	between	ADP
ajeer-2399	265	8	the	the	DET
ajeer-2399	265	9	state	state	NOUN
ajeer-2399	265	10	of	of	ADP
ajeer-2399	265	11	the	the	DET
ajeer-2399	265	12	economy	economy	NOUN
ajeer-2399	265	13	and	and	CCONJ
ajeer-2399	265	14	fdi	fdi	ADJ
ajeer-2399	265	15	inflow	inflow	NOUN
ajeer-2399	265	16	.	.	PUNCT
ajeer-2399	266	1	it	it	PRON
ajeer-2399	266	2	revealed	reveal	VERB
ajeer-2399	266	3	that	that	SCONJ
ajeer-2399	266	4	the	the	DET
ajeer-2399	266	5	state	state	NOUN
ajeer-2399	266	6	of	of	ADP
ajeer-2399	266	7	the	the	DET
ajeer-2399	266	8	economy	economy	NOUN
ajeer-2399	266	9	had	have	VERB
ajeer-2399	266	10	a	a	DET
ajeer-2399	266	11	positive	positive	ADJ
ajeer-2399	266	12	impact	impact	NOUN
ajeer-2399	266	13	on	on	ADP
ajeer-2399	266	14	fdi	fdi	ADJ
ajeer-2399	266	15	inflow	inflow	NOUN
ajeer-2399	266	16	in	in	ADP
ajeer-2399	266	17	the	the	DET
ajeer-2399	266	18	short	short	ADJ
ajeer-2399	266	19	-	-	PUNCT
ajeer-2399	266	20	term	term	NOUN
ajeer-2399	266	21	.	.	PUNCT
ajeer-2399	267	1	all	all	PRON
ajeer-2399	267	2	of	of	ADP
ajeer-2399	267	3	the	the	DET
ajeer-2399	267	4	models	model	NOUN
ajeer-2399	267	5	using	use	VERB
ajeer-2399	267	6	the	the	DET
ajeer-2399	267	7	state	state	NOUN
ajeer-2399	267	8	variables	variable	NOUN
ajeer-2399	267	9	produced	produce	VERB
ajeer-2399	267	10	by	by	ADP
ajeer-2399	267	11	the	the	DET
ajeer-2399	267	12	kalman	kalman	PROPN
ajeer-2399	267	13	smoother	smoother	PROPN
ajeer-2399	267	14	,	,	PUNCT
ajeer-2399	267	15	kalman	kalman	PROPN
ajeer-2399	267	16	filter	filter	PROPN
ajeer-2399	267	17	,	,	PUNCT
ajeer-2399	267	18	and	and	CCONJ
ajeer-2399	267	19	principal	principal	ADJ
ajeer-2399	267	20	component	component	NOUN
ajeer-2399	267	21	show	show	VERB
ajeer-2399	267	22	a	a	DET
ajeer-2399	267	23	similar	similar	ADJ
ajeer-2399	267	24	tendency	tendency	NOUN
ajeer-2399	267	25	.	.	PUNCT
ajeer-2399	268	1	the	the	DET
ajeer-2399	268	2	coefficient	coefficient	NOUN
ajeer-2399	268	3	of	of	ADP
ajeer-2399	268	4	the	the	DET
ajeer-2399	268	5	output	output	NOUN
ajeer-2399	268	6	gap	gap	NOUN
ajeer-2399	268	7	shows	show	VERB
ajeer-2399	268	8	the	the	DET
ajeer-2399	268	9	same	same	ADJ
ajeer-2399	268	10	pattern.24	pattern.24	NOUN
ajeer-2399	268	11	additionally	additionally	ADV
ajeer-2399	268	12	,	,	PUNCT
ajeer-2399	268	13	the	the	DET
ajeer-2399	268	14	study	study	NOUN
ajeer-2399	268	15	revealed	reveal	VERB
ajeer-2399	268	16	a	a	DET
ajeer-2399	268	17	cointegration	cointegration	NOUN
ajeer-2399	268	18	between	between	ADP
ajeer-2399	268	19	the	the	DET
ajeer-2399	268	20	state	state	NOUN
ajeer-2399	268	21	of	of	ADP
ajeer-2399	268	22	the	the	DET
ajeer-2399	268	23	economy	economy	NOUN
ajeer-2399	268	24	and	and	CCONJ
ajeer-2399	268	25	fdi	fdi	NOUN
ajeer-2399	268	26	inflow	inflow	NOUN
ajeer-2399	268	27	;	;	PUNCT
ajeer-2399	268	28	the	the	DET
ajeer-2399	268	29	long	long	ADJ
ajeer-2399	268	30	-	-	PUNCT
ajeer-2399	268	31	term	term	NOUN
ajeer-2399	268	32	coefficient	coefficient	NOUN
ajeer-2399	268	33	turns	turn	VERB
ajeer-2399	268	34	negative	negative	ADJ
ajeer-2399	268	35	.	.	PUNCT
ajeer-2399	269	1	one	one	NUM
ajeer-2399	269	2	explanation	explanation	NOUN
ajeer-2399	269	3	of	of	ADP
ajeer-2399	269	4	this	this	DET
ajeer-2399	269	5	negative	negative	ADJ
ajeer-2399	269	6	impact	impact	NOUN
ajeer-2399	269	7	is	be	AUX
ajeer-2399	269	8	the	the	DET
ajeer-2399	269	9	diminishing	diminish	VERB
ajeer-2399	269	10	marginal	marginal	ADJ
ajeer-2399	269	11	product	product	NOUN
ajeer-2399	269	12	of	of	ADP
ajeer-2399	269	13	capital	capital	NOUN
ajeer-2399	269	14	.	.	PUNCT
ajeer-2399	270	1	from	from	ADP
ajeer-2399	270	2	the	the	DET
ajeer-2399	270	3	supply	supply	NOUN
ajeer-2399	270	4	side	side	NOUN
ajeer-2399	270	5	,	,	PUNCT
ajeer-2399	270	6	capital	capital	NOUN
ajeer-2399	270	7	investment	investment	NOUN
ajeer-2399	270	8	becomes	become	VERB
ajeer-2399	270	9	less	less	ADV
ajeer-2399	270	10	attractive	attractive	ADJ
ajeer-2399	270	11	,	,	PUNCT
ajeer-2399	270	12	which	which	PRON
ajeer-2399	270	13	deters	deter	VERB
ajeer-2399	270	14	investors	investor	NOUN
ajeer-2399	270	15	.	.	PUNCT
ajeer-2399	271	1	additionally	additionally	ADV
ajeer-2399	271	2	,	,	PUNCT
ajeer-2399	271	3	the	the	DET
ajeer-2399	271	4	coefficients	coefficient	NOUN
ajeer-2399	271	5	of	of	ADP
ajeer-2399	271	6	exogenous	exogenous	ADJ
ajeer-2399	271	7	variables	variable	NOUN
ajeer-2399	271	8	are	be	AUX
ajeer-2399	271	9	well	well	ADV
ajeer-2399	271	10	-	-	PUNCT
ajeer-2399	271	11	behaved	behave	VERB
ajeer-2399	271	12	even	even	ADV
ajeer-2399	271	13	though	though	SCONJ
ajeer-2399	271	14	most	most	ADJ
ajeer-2399	271	15	of	of	ADP
ajeer-2399	271	16	them	they	PRON
ajeer-2399	271	17	are	be	AUX
ajeer-2399	271	18	not	not	PART
ajeer-2399	271	19	significant	significant	ADJ
ajeer-2399	271	20	,	,	PUNCT
ajeer-2399	271	21	and	and	CCONJ
ajeer-2399	271	22	other	other	ADJ
ajeer-2399	271	23	variables	variable	NOUN
ajeer-2399	271	24	are	be	AUX
ajeer-2399	271	25	significant	significant	ADJ
ajeer-2399	271	26	.	.	PUNCT
ajeer-2399	272	1	for	for	ADP
ajeer-2399	272	2	example	example	NOUN
ajeer-2399	272	3	,	,	PUNCT
ajeer-2399	272	4	inflation	inflation	NOUN
ajeer-2399	272	5	shows	show	VERB
ajeer-2399	272	6	a	a	DET
ajeer-2399	272	7	negative	negative	ADJ
ajeer-2399	272	8	effect	effect	NOUN
ajeer-2399	272	9	on	on	ADP
ajeer-2399	272	10	fdi	fdi	ADJ
ajeer-2399	272	11	inflow	inflow	NOUN
ajeer-2399	272	12	.	.	PUNCT
ajeer-2399	273	1	high	high	ADJ
ajeer-2399	273	2	inflation	inflation	NOUN
ajeer-2399	273	3	indicates	indicate	VERB
ajeer-2399	273	4	a	a	DET
ajeer-2399	273	5	higher	high	ADJ
ajeer-2399	273	6	cost	cost	NOUN
ajeer-2399	273	7	of	of	ADP
ajeer-2399	273	8	investment	investment	NOUN
ajeer-2399	273	9	that	that	PRON
ajeer-2399	273	10	is	be	AUX
ajeer-2399	273	11	often	often	ADV
ajeer-2399	273	12	associated	associate	VERB
ajeer-2399	273	13	with	with	ADP
ajeer-2399	273	14	a	a	DET
ajeer-2399	273	15	country	country	NOUN
ajeer-2399	273	16	’s	’s	PART
ajeer-2399	273	17	risks	risk	NOUN
ajeer-2399	273	18	.	.	PUNCT
ajeer-2399	274	1	interest	interest	NOUN
ajeer-2399	274	2	rate	rate	NOUN
ajeer-2399	274	3	shows	show	VERB
ajeer-2399	274	4	a	a	DET
ajeer-2399	274	5	positive	positive	ADJ
ajeer-2399	274	6	impact	impact	NOUN
ajeer-2399	274	7	on	on	ADP
ajeer-2399	274	8	fdi	fdi	ADJ
ajeer-2399	274	9	inflow	inflow	NOUN
ajeer-2399	274	10	.	.	PUNCT
ajeer-2399	275	1	from	from	ADP
ajeer-2399	275	2	the	the	DET
ajeer-2399	275	3	supply	supply	NOUN
ajeer-2399	275	4	side	side	NOUN
ajeer-2399	275	5	,	,	PUNCT
ajeer-2399	275	6	an	an	DET
ajeer-2399	275	7	increase	increase	NOUN
ajeer-2399	275	8	in	in	ADP
ajeer-2399	275	9	interest	interest	NOUN
ajeer-2399	275	10	rate	rate	NOUN
ajeer-2399	275	11	attracts	attract	VERB
ajeer-2399	275	12	capital	capital	NOUN
ajeer-2399	275	13	inflow	inflow	NOUN
ajeer-2399	275	14	as	as	ADP
ajeer-2399	275	15	a	a	DET
ajeer-2399	275	16	return	return	NOUN
ajeer-2399	275	17	on	on	ADP
ajeer-2399	275	18	lending	lending	NOUN
ajeer-2399	275	19	.	.	PUNCT
ajeer-2399	276	1	however	however	ADV
ajeer-2399	276	2	,	,	PUNCT
ajeer-2399	276	3	interpretation	interpretation	NOUN
ajeer-2399	276	4	of	of	ADP
ajeer-2399	276	5	the	the	DET
ajeer-2399	276	6	impact	impact	NOUN
ajeer-2399	276	7	of	of	ADP
ajeer-2399	276	8	interest	interest	NOUN
ajeer-2399	276	9	rate	rate	NOUN
ajeer-2399	276	10	on	on	ADP
ajeer-2399	276	11	fdi	fdi	ADJ
ajeer-2399	276	12	inflow	inflow	NOUN
ajeer-2399	276	13	is	be	AUX
ajeer-2399	276	14	still	still	ADV
ajeer-2399	276	15	uncertain	uncertain	ADJ
ajeer-2399	276	16	.	.	PUNCT
ajeer-2399	277	1	one	one	NUM
ajeer-2399	277	2	reason	reason	NOUN
ajeer-2399	277	3	is	be	AUX
ajeer-2399	277	4	that	that	SCONJ
ajeer-2399	277	5	the	the	DET
ajeer-2399	277	6	high	high	ADJ
ajeer-2399	277	7	rate	rate	NOUN
ajeer-2399	277	8	of	of	ADP
ajeer-2399	277	9	return	return	NOUN
ajeer-2399	277	10	often	often	ADV
ajeer-2399	277	11	relates	relate	VERB
ajeer-2399	277	12	to	to	ADP
ajeer-2399	277	13	a	a	DET
ajeer-2399	277	14	country	country	NOUN
ajeer-2399	277	15	’s	’s	PART
ajeer-2399	277	16	high	high	ADJ
ajeer-2399	277	17	risks	risk	NOUN
ajeer-2399	277	18	of	of	ADP
ajeer-2399	277	19	investment	investment	NOUN
ajeer-2399	277	20	,	,	PUNCT
ajeer-2399	277	21	especially	especially	ADV
ajeer-2399	277	22	for	for	ADP
ajeer-2399	277	23	a	a	DET
ajeer-2399	277	24	small	small	ADJ
ajeer-2399	277	25	open	open	ADJ
ajeer-2399	277	26	economy	economy	NOUN
ajeer-2399	277	27	.	.	PUNCT
ajeer-2399	278	1	the	the	DET
ajeer-2399	278	2	effect	effect	NOUN
ajeer-2399	278	3	of	of	ADP
ajeer-2399	278	4	trade	trade	NOUN
ajeer-2399	278	5	is	be	AUX
ajeer-2399	278	6	diverse	diverse	ADJ
ajeer-2399	278	7	across	across	ADP
ajeer-2399	278	8	the	the	DET
ajeer-2399	278	9	models	model	NOUN
ajeer-2399	278	10	,	,	PUNCT
ajeer-2399	278	11	which	which	PRON
ajeer-2399	278	12	could	could	AUX
ajeer-2399	278	13	be	be	AUX
ajeer-2399	278	14	due	due	ADJ
ajeer-2399	278	15	to	to	ADP
ajeer-2399	278	16	the	the	DET
ajeer-2399	278	17	inclusion	inclusion	NOUN
ajeer-2399	278	18	of	of	ADP
ajeer-2399	278	19	the	the	DET
ajeer-2399	278	20	short	short	ADJ
ajeer-2399	278	21	lags	lag	NOUN
ajeer-2399	278	22	.	.	PUNCT
ajeer-2399	279	1	5	5	X
ajeer-2399	279	2	.	.	X
ajeer-2399	279	3	discussion	discussion	NOUN
ajeer-2399	279	4	and	and	CCONJ
ajeer-2399	279	5	limitation	limitation	NOUN
ajeer-2399	279	6	of	of	ADP
ajeer-2399	279	7	the	the	DET
ajeer-2399	279	8	study	study	NOUN
ajeer-2399	279	9	the	the	DET
ajeer-2399	279	10	construction	construction	NOUN
ajeer-2399	279	11	of	of	ADP
ajeer-2399	279	12	the	the	DET
ajeer-2399	279	13	coincident	coincident	ADJ
ajeer-2399	279	14	index	index	NOUN
ajeer-2399	279	15	in	in	ADP
ajeer-2399	279	16	this	this	DET
ajeer-2399	279	17	study	study	NOUN
ajeer-2399	279	18	had	have	VERB
ajeer-2399	279	19	some	some	DET
ajeer-2399	279	20	limitations	limitation	NOUN
ajeer-2399	279	21	.	.	PUNCT
ajeer-2399	280	1	first	first	ADV
ajeer-2399	280	2	,	,	PUNCT
ajeer-2399	280	3	it	it	PRON
ajeer-2399	280	4	estimated	estimate	VERB
ajeer-2399	280	5	the	the	DET
ajeer-2399	280	6	unobserved	unobserved	ADJ
ajeer-2399	280	7	state	state	NOUN
ajeer-2399	280	8	in	in	ADP
ajeer-2399	280	9	the	the	DET
ajeer-2399	280	10	linear	linear	ADJ
ajeer-2399	280	11	context	context	NOUN
ajeer-2399	280	12	.	.	PUNCT
ajeer-2399	281	1	many	many	ADJ
ajeer-2399	281	2	macroeconomic	macroeconomic	ADJ
ajeer-2399	281	3	variables	variable	NOUN
ajeer-2399	281	4	comove	comove	VERB
ajeer-2399	281	5	in	in	ADP
ajeer-2399	281	6	a	a	DET
ajeer-2399	281	7	non	non	ADJ
ajeer-2399	281	8	-	-	ADJ
ajeer-2399	281	9	linear	linear	ADJ
ajeer-2399	281	10	form	form	NOUN
ajeer-2399	281	11	.	.	PUNCT
ajeer-2399	282	1	murphy	murphy	PROPN
ajeer-2399	282	2	(	(	PUNCT
ajeer-2399	282	3	2012	2012	NUM
ajeer-2399	282	4	)	)	PUNCT
ajeer-2399	282	5	indicated	indicate	VERB
ajeer-2399	282	6	that	that	SCONJ
ajeer-2399	282	7	by	by	ADP
ajeer-2399	282	8	putting	put	VERB
ajeer-2399	282	9	the	the	DET
ajeer-2399	282	10	system	system	NOUN
ajeer-2399	282	11	into	into	ADP
ajeer-2399	282	12	a	a	DET
ajeer-2399	282	13	state	state	NOUN
ajeer-2399	282	14	-	-	PUNCT
ajeer-2399	282	15	space	space	NOUN
ajeer-2399	282	16	form	form	NOUN
ajeer-2399	282	17	,	,	PUNCT
ajeer-2399	282	18	parameters	parameter	NOUN
ajeer-2399	282	19	were	be	AUX
ajeer-2399	282	20	no	no	ADV
ajeer-2399	282	21	longer	long	ADV
ajeer-2399	282	22	linear	linear	ADJ
ajeer-2399	282	23	,	,	PUNCT
ajeer-2399	282	24	even	even	ADV
ajeer-2399	282	25	though	though	SCONJ
ajeer-2399	282	26	the	the	DET
ajeer-2399	282	27	true	true	ADJ
ajeer-2399	282	28	model	model	NOUN
ajeer-2399	282	29	was	be	AUX
ajeer-2399	282	30	.	.	PUNCT
ajeer-2399	283	1	other	other	ADJ
ajeer-2399	283	2	extensions	extension	NOUN
ajeer-2399	283	3	of	of	ADP
ajeer-2399	283	4	the	the	DET
ajeer-2399	283	5	kalman	kalman	NOUN
ajeer-2399	283	6	filter	filter	NOUN
ajeer-2399	283	7	dealing	deal	VERB
ajeer-2399	283	8	with	with	ADP
ajeer-2399	283	9	the	the	DET
ajeer-2399	283	10	non	non	ADJ
ajeer-2399	283	11	-	-	ADJ
ajeer-2399	283	12	linear	linear	ADJ
ajeer-2399	283	13	structure	structure	NOUN
ajeer-2399	283	14	are	be	AUX
ajeer-2399	283	15	the	the	DET
ajeer-2399	283	16	extended	extended	ADJ
ajeer-2399	283	17	kalman	kalman	NOUN
ajeer-2399	283	18	filter	filter	PROPN
ajeer-2399	283	19	(	(	PUNCT
ajeer-2399	283	20	ekf	ekf	PROPN
ajeer-2399	283	21	)	)	PUNCT
ajeer-2399	283	22	and	and	CCONJ
ajeer-2399	283	23	the	the	DET
ajeer-2399	283	24	unscented	unscented	ADJ
ajeer-2399	283	25	kalman	kalman	NOUN
ajeer-2399	283	26	filter	filter	PROPN
ajeer-2399	283	27	(	(	PUNCT
ajeer-2399	283	28	ukf	ukf	PROPN
ajeer-2399	283	29	)	)	PUNCT
ajeer-2399	283	30	.	.	PUNCT
ajeer-2399	284	1	györgy	györgy	PROPN
ajeer-2399	284	2	,	,	PUNCT
ajeer-2399	284	3	kelemen	keleman	NOUN
ajeer-2399	284	4	,	,	PUNCT
ajeer-2399	284	5	and	and	CCONJ
ajeer-2399	284	6	dávid	dávid	PROPN
ajeer-2399	284	7	(	(	PUNCT
ajeer-2399	284	8	2014	2014	NUM
ajeer-2399	284	9	)	)	PUNCT
ajeer-2399	284	10	discussed	discuss	VERB
ajeer-2399	284	11	how	how	SCONJ
ajeer-2399	284	12	each	each	DET
ajeer-2399	284	13	algorithm	algorithm	NOUN
ajeer-2399	284	14	works	work	VERB
ajeer-2399	284	15	.	.	PUNCT
ajeer-2399	285	1	julier	juli	ADJ
ajeer-2399	285	2	and	and	CCONJ
ajeer-2399	285	3	uhlmann	uhlmann	PROPN
ajeer-2399	285	4	(	(	PUNCT
ajeer-2399	285	5	1997	1997	NUM
ajeer-2399	285	6	)	)	PUNCT
ajeer-2399	285	7	introduced	introduce	VERB
ajeer-2399	285	8	the	the	DET
ajeer-2399	285	9	ukf	ukf	NOUN
ajeer-2399	285	10	as	as	ADP
ajeer-2399	285	11	a	a	DET
ajeer-2399	285	12	superior	superior	ADJ
ajeer-2399	285	13	version	version	NOUN
ajeer-2399	285	14	to	to	ADP
ajeer-2399	285	15	the	the	DET
ajeer-2399	285	16	ekf	ekf	PROPN
ajeer-2399	285	17	.	.	PUNCT
ajeer-2399	286	1	the	the	DET
ajeer-2399	286	2	ukf	ukf	PROPN
ajeer-2399	286	3	is	be	AUX
ajeer-2399	286	4	a	a	DET
ajeer-2399	286	5	derivativefree	derivativefree	ADJ
ajeer-2399	286	6	filter	filter	NOUN
ajeer-2399	286	7	that	that	PRON
ajeer-2399	286	8	does	do	AUX
ajeer-2399	286	9	not	not	PART
ajeer-2399	286	10	need	need	VERB
ajeer-2399	286	11	to	to	PART
ajeer-2399	286	12	calculate	calculate	VERB
ajeer-2399	286	13	the	the	DET
ajeer-2399	286	14	jacobian	jacobian	NOUN
ajeer-2399	286	15	compared	compare	VERB
ajeer-2399	286	16	to	to	ADP
ajeer-2399	286	17	the	the	DET
ajeer-2399	286	18	ekf	ekf	PROPN
ajeer-2399	286	19	.	.	PUNCT
ajeer-2399	287	1	both	both	CCONJ
ajeer-2399	287	2	the	the	DET
ajeer-2399	287	3	ekf	ekf	NOUN
ajeer-2399	287	4	and	and	CCONJ
ajeer-2399	287	5	ukf	ukf	NOUN
ajeer-2399	287	6	approximate	approximate	VERB
ajeer-2399	287	7	the	the	DET
ajeer-2399	287	8	distribution	distribution	NOUN
ajeer-2399	287	9	with	with	ADP
ajeer-2399	287	10	the	the	DET
ajeer-2399	287	11	gaussian	gaussian	ADJ
ajeer-2399	287	12	assumption	assumption	NOUN
ajeer-2399	287	13	.	.	PUNCT
ajeer-2399	288	1	another	another	DET
ajeer-2399	288	2	type	type	NOUN
ajeer-2399	288	3	of	of	ADP
ajeer-2399	288	4	application	application	NOUN
ajeer-2399	288	5	,	,	PUNCT
ajeer-2399	288	6	called	call	VERB
ajeer-2399	288	7	a	a	DET
ajeer-2399	288	8	particle	particle	NOUN
ajeer-2399	288	9	filter	filter	NOUN
ajeer-2399	288	10	,	,	PUNCT
ajeer-2399	288	11	could	could	AUX
ajeer-2399	288	12	also	also	ADV
ajeer-2399	288	13	be	be	AUX
ajeer-2399	288	14	used	use	VERB
ajeer-2399	288	15	for	for	ADP
ajeer-2399	288	16	the	the	DET
ajeer-2399	288	17	non	non	ADJ
ajeer-2399	288	18	-	-	ADJ
ajeer-2399	288	19	linear	linear	ADJ
ajeer-2399	288	20	system	system	NOUN
ajeer-2399	288	21	.	.	PUNCT
ajeer-2399	289	1	unlike	unlike	ADP
ajeer-2399	289	2	the	the	DET
ajeer-2399	289	3	ekf	ekf	NOUN
ajeer-2399	289	4	and	and	CCONJ
ajeer-2399	289	5	ukf	ukf	NOUN
ajeer-2399	289	6	,	,	PUNCT
ajeer-2399	289	7	the	the	DET
ajeer-2399	289	8	particle	particle	NOUN
ajeer-2399	289	9	filter	filter	NOUN
ajeer-2399	289	10	does	do	AUX
ajeer-2399	289	11	not	not	PART
ajeer-2399	289	12	require	require	VERB
ajeer-2399	289	13	the	the	DET
ajeer-2399	289	14	gaussian	gaussian	ADJ
ajeer-2399	289	15	assumption	assumption	NOUN
ajeer-2399	289	16	.	.	PUNCT
ajeer-2399	290	1	the	the	DET
ajeer-2399	290	2	second	second	ADJ
ajeer-2399	290	3	limitation	limitation	NOUN
ajeer-2399	290	4	of	of	ADP
ajeer-2399	290	5	this	this	DET
ajeer-2399	290	6	study	study	NOUN
ajeer-2399	290	7	involves	involve	VERB
ajeer-2399	290	8	the	the	DET
ajeer-2399	290	9	implementation	implementation	NOUN
ajeer-2399	290	10	of	of	ADP
ajeer-2399	290	11	time	time	NOUN
ajeer-2399	290	12	-	-	PUNCT
ajeer-2399	290	13	invariant	invariant	ADJ
ajeer-2399	290	14	parameters	parameter	NOUN
ajeer-2399	290	15	in	in	ADP
ajeer-2399	290	16	the	the	DET
ajeer-2399	290	17	dynamic	dynamic	ADJ
ajeer-2399	290	18	factor	factor	NOUN
ajeer-2399	290	19	model	model	NOUN
ajeer-2399	290	20	.	.	PUNCT
ajeer-2399	291	1	stability	stability	NOUN
ajeer-2399	291	2	of	of	ADP
ajeer-2399	291	3	the	the	DET
ajeer-2399	291	4	factor	factor	NOUN
ajeer-2399	291	5	loadings	loading	NOUN
ajeer-2399	291	6	(	(	PUNCT
ajeer-2399	291	7	coefficients	coefficient	NOUN
ajeer-2399	291	8	of	of	ADP
ajeer-2399	291	9	the	the	DET
ajeer-2399	291	10	state	state	NOUN
ajeer-2399	291	11	variables	variable	NOUN
ajeer-2399	291	12	)	)	PUNCT
ajeer-2399	291	13	may	may	AUX
ajeer-2399	291	14	not	not	PART
ajeer-2399	291	15	appropriate	appropriate	VERB
ajeer-2399	291	16	if	if	SCONJ
ajeer-2399	291	17	the	the	DET
ajeer-2399	291	18	economy	economy	NOUN
ajeer-2399	291	19	goes	go	VERB
ajeer-2399	291	20	through	through	ADP
ajeer-2399	291	21	a	a	DET
ajeer-2399	291	22	structural	structural	ADJ
ajeer-2399	291	23	change	change	NOUN
ajeer-2399	291	24	.	.	PUNCT
ajeer-2399	292	1	the	the	DET
ajeer-2399	292	2	structural	structural	ADJ
ajeer-2399	292	3	break	break	NOUN
ajeer-2399	292	4	will	will	AUX
ajeer-2399	292	5	cause	cause	VERB
ajeer-2399	292	6	time	time	NOUN
ajeer-2399	292	7	-	-	PUNCT
ajeer-2399	292	8	variate	variate	NOUN
ajeer-2399	292	9	parameters	parameter	NOUN
ajeer-2399	292	10	.	.	PUNCT
ajeer-2399	293	1	bates	bate	NOUN
ajeer-2399	293	2	,	,	PUNCT
ajeer-2399	293	3	plagborg	plagborg	NOUN
ajeer-2399	293	4	-	-	PUNCT
ajeer-2399	293	5	møller	møller	NOUN
ajeer-2399	293	6	,	,	PUNCT
ajeer-2399	293	7	stock	stock	NOUN
ajeer-2399	293	8	,	,	PUNCT
ajeer-2399	293	9	and	and	CCONJ
ajeer-2399	293	10	watson	watson	PROPN
ajeer-2399	293	11	(	(	PUNCT
ajeer-2399	293	12	2013	2013	NUM
ajeer-2399	293	13	)	)	PUNCT
ajeer-2399	293	14	categorized	categorize	VERB
ajeer-2399	293	15	conditions	condition	NOUN
ajeer-2399	293	16	that	that	SCONJ
ajeer-2399	293	17	the	the	DET
ajeer-2399	293	18	standard	standard	ADJ
ajeer-2399	293	19	estimation	estimation	NOUN
ajeer-2399	293	20	of	of	ADP
ajeer-2399	293	21	factors	factor	NOUN
ajeer-2399	293	22	could	could	AUX
ajeer-2399	293	23	tolerate	tolerate	VERB
ajeer-2399	293	24	temporal	temporal	ADJ
ajeer-2399	293	25	parameter	parameter	NOUN
ajeer-2399	293	26	instability	instability	NOUN
ajeer-2399	293	27	.	.	PUNCT
ajeer-2399	294	1	stock	stock	NOUN
ajeer-2399	294	2	and	and	CCONJ
ajeer-2399	294	3	watson	watson	PROPN
ajeer-2399	294	4	(	(	PUNCT
ajeer-2399	294	5	2002	2002	NUM
ajeer-2399	294	6	)	)	PUNCT
ajeer-2399	294	7	showed	show	VERB
ajeer-2399	294	8	that	that	SCONJ
ajeer-2399	294	9	the	the	DET
ajeer-2399	294	10	estimated	estimate	VERB
ajeer-2399	294	11	factors	factor	NOUN
ajeer-2399	294	12	under	under	ADP
ajeer-2399	294	13	principal	principal	ADJ
ajeer-2399	294	14	components	component	NOUN
ajeer-2399	294	15	were	be	AUX
ajeer-2399	294	16	consistent	consistent	ADJ
ajeer-2399	294	17	with	with	ADP
ajeer-2399	294	18	small	small	ADJ
ajeer-2399	294	19	time	time	NOUN
ajeer-2399	294	20	-	-	PUNCT
ajeer-2399	294	21	variate	variate	NOUN
ajeer-2399	294	22	parameters	parameter	NOUN
ajeer-2399	294	23	.	.	PUNCT
ajeer-2399	295	1	the	the	DET
ajeer-2399	295	2	structural	structural	ADJ
ajeer-2399	295	3	break	break	NOUN
ajeer-2399	295	4	may	may	AUX
ajeer-2399	295	5	be	be	AUX
ajeer-2399	295	6	less	less	ADJ
ajeer-2399	295	7	of	of	ADP
ajeer-2399	295	8	an	an	DET
ajeer-2399	295	9	issue	issue	NOUN
ajeer-2399	295	10	because	because	SCONJ
ajeer-2399	295	11	the	the	DET
ajeer-2399	295	12	period	period	NOUN
ajeer-2399	295	13	in	in	ADP
ajeer-2399	295	14	this	this	DET
ajeer-2399	295	15	study	study	NOUN
ajeer-2399	295	16	is	be	AUX
ajeer-2399	295	17	relatively	relatively	ADV
ajeer-2399	295	18	short	short	ADJ
ajeer-2399	295	19	.	.	PUNCT
ajeer-2399	296	1	another	another	DET
ajeer-2399	296	2	issue	issue	NOUN
ajeer-2399	296	3	relates	relate	VERB
ajeer-2399	296	4	to	to	ADP
ajeer-2399	296	5	the	the	DET
ajeer-2399	296	6	quality	quality	NOUN
ajeer-2399	296	7	of	of	ADP
ajeer-2399	296	8	the	the	DET
ajeer-2399	296	9	data	datum	NOUN
ajeer-2399	296	10	and	and	CCONJ
ajeer-2399	296	11	how	how	SCONJ
ajeer-2399	296	12	the	the	DET
ajeer-2399	296	13	real	real	ADJ
ajeer-2399	296	14	economy	economy	NOUN
ajeer-2399	296	15	performs	perform	VERB
ajeer-2399	296	16	.	.	PUNCT
ajeer-2399	297	1	the	the	DET
ajeer-2399	297	2	theory	theory	NOUN
ajeer-2399	297	3	depends	depend	VERB
ajeer-2399	297	4	mainly	mainly	ADV
ajeer-2399	297	5	on	on	ADP
ajeer-2399	297	6	generating	generate	VERB
ajeer-2399	297	7	data	datum	NOUN
ajeer-2399	297	8	to	to	PART
ajeer-2399	297	9	verify	verify	VERB
ajeer-2399	297	10	the	the	DET
ajeer-2399	297	11	results	result	NOUN
ajeer-2399	297	12	.	.	PUNCT
ajeer-2399	298	1	however	however	ADV
ajeer-2399	298	2	,	,	PUNCT
ajeer-2399	298	3	real	real	ADJ
ajeer-2399	298	4	-	-	PUNCT
ajeer-2399	298	5	time	time	NOUN
ajeer-2399	298	6	data	datum	NOUN
ajeer-2399	298	7	is	be	AUX
ajeer-2399	298	8	subject	subject	ADJ
ajeer-2399	298	9	to	to	ADP
ajeer-2399	298	10	measurement	measurement	NOUN
ajeer-2399	298	11	error	error	NOUN
ajeer-2399	298	12	.	.	PUNCT
ajeer-2399	299	1	one	one	NUM
ajeer-2399	299	2	potential	potential	ADJ
ajeer-2399	299	3	challenge	challenge	NOUN
ajeer-2399	299	4	in	in	ADP
ajeer-2399	299	5	this	this	DET
ajeer-2399	299	6	study	study	NOUN
ajeer-2399	299	7	is	be	AUX
ajeer-2399	299	8	the	the	DET
ajeer-2399	299	9	availability	availability	NOUN
ajeer-2399	299	10	and	and	CCONJ
ajeer-2399	299	11	quality	quality	NOUN
ajeer-2399	299	12	of	of	ADP
ajeer-2399	299	13	data	datum	NOUN
ajeer-2399	299	14	.	.	PUNCT
ajeer-2399	300	1	as	as	ADP
ajeer-2399	300	2	a	a	DET
ajeer-2399	300	3	developing	develop	VERB
ajeer-2399	300	4	country	country	NOUN
ajeer-2399	300	5	,	,	PUNCT
ajeer-2399	300	6	cambodia	cambodia	PROPN
ajeer-2399	300	7	faces	face	VERB
ajeer-2399	300	8	a	a	DET
ajeer-2399	300	9	constraint	constraint	NOUN
ajeer-2399	300	10	in	in	ADP
ajeer-2399	300	11	collecting	collect	VERB
ajeer-2399	300	12	data	datum	NOUN
ajeer-2399	300	13	from	from	ADP
ajeer-2399	300	14	the	the	DET
ajeer-2399	300	15	informal	informal	ADJ
ajeer-2399	300	16	sectors	sector	NOUN
ajeer-2399	300	17	.	.	PUNCT
ajeer-2399	301	1	looking	look	VERB
ajeer-2399	301	2	at	at	ADP
ajeer-2399	301	3	this	this	DET
ajeer-2399	301	4	issue	issue	NOUN
ajeer-2399	301	5	,	,	PUNCT
ajeer-2399	301	6	how	how	SCONJ
ajeer-2399	301	7	well	well	ADV
ajeer-2399	301	8	a	a	DET
ajeer-2399	301	9	coincident	coincident	ADJ
ajeer-2399	301	10	indicator	indicator	NOUN
ajeer-2399	301	11	could	could	AUX
ajeer-2399	301	12	capture	capture	VERB
ajeer-2399	301	13	the	the	DET
ajeer-2399	301	14	state	state	NOUN
ajeer-2399	301	15	of	of	ADP
ajeer-2399	301	16	the	the	DET
ajeer-2399	301	17	economy	economy	NOUN
ajeer-2399	301	18	is	be	AUX
ajeer-2399	301	19	unknown	unknown	ADJ
ajeer-2399	301	20	.	.	PUNCT
ajeer-2399	302	1	although	although	SCONJ
ajeer-2399	302	2	the	the	DET
ajeer-2399	302	3	quality	quality	NOUN
ajeer-2399	302	4	of	of	ADP
ajeer-2399	302	5	data	datum	NOUN
ajeer-2399	302	6	in	in	ADP
ajeer-2399	302	7	constructing	construct	VERB
ajeer-2399	302	8	the	the	DET
ajeer-2399	302	9	ci	ci	NOUN
ajeer-2399	302	10	remains	remain	VERB
ajeer-2399	302	11	a	a	DET
ajeer-2399	302	12	topic	topic	NOUN
ajeer-2399	302	13	for	for	ADP
ajeer-2399	302	14	discussion	discussion	NOUN
ajeer-2399	302	15	,	,	PUNCT
ajeer-2399	302	16	its	its	PRON
ajeer-2399	302	17	creation	creation	NOUN
ajeer-2399	302	18	plays	play	VERB
ajeer-2399	302	19	an	an	DET
ajeer-2399	302	20	important	important	ADJ
ajeer-2399	302	21	role	role	NOUN
ajeer-2399	302	22	to	to	PART
ajeer-2399	302	23	monitor	monitor	VERB
ajeer-2399	302	24	economic	economic	ADJ
ajeer-2399	302	25	activity	activity	NOUN
ajeer-2399	302	26	.	.	PUNCT
ajeer-2399	303	1	the	the	DET
ajeer-2399	303	2	ci	ci	PROPN
ajeer-2399	303	3	is	be	AUX
ajeer-2399	303	4	a	a	DET
ajeer-2399	303	5	useful	useful	ADJ
ajeer-2399	303	6	tool	tool	NOUN
ajeer-2399	303	7	for	for	ADP
ajeer-2399	303	8	early	early	ADJ
ajeer-2399	303	9	warning	warning	NOUN
ajeer-2399	303	10	and	and	CCONJ
ajeer-2399	303	11	signaling	signal	VERB
ajeer-2399	303	12	when	when	SCONJ
ajeer-2399	303	13	the	the	DET
ajeer-2399	303	14	economy	economy	NOUN
ajeer-2399	303	15	moves	move	VERB
ajeer-2399	303	16	into	into	ADP
ajeer-2399	303	17	a	a	DET
ajeer-2399	303	18	recession	recession	NOUN
ajeer-2399	303	19	.	.	PUNCT
ajeer-2399	304	1	the	the	DET
ajeer-2399	304	2	effect	effect	NOUN
ajeer-2399	304	3	may	may	AUX
ajeer-2399	304	4	come	come	VERB
ajeer-2399	304	5	with	with	ADP
ajeer-2399	304	6	long	long	ADJ
ajeer-2399	304	7	or	or	CCONJ
ajeer-2399	304	8	short	short	ADJ
ajeer-2399	304	9	lags	lag	NOUN
ajeer-2399	304	10	depending	depend	VERB
ajeer-2399	304	11	on	on	ADP
ajeer-2399	304	12	the	the	DET
ajeer-2399	304	13	characteristics	characteristic	NOUN
ajeer-2399	304	14	of	of	ADP
ajeer-2399	304	15	the	the	DET
ajeer-2399	304	16	economy	economy	NOUN
ajeer-2399	304	17	.	.	PUNCT
ajeer-2399	305	1	policymakers	policymaker	NOUN
ajeer-2399	305	2	should	should	AUX
ajeer-2399	305	3	use	use	VERB
ajeer-2399	305	4	this	this	DET
ajeer-2399	305	5	index	index	NOUN
ajeer-2399	305	6	with	with	ADP
ajeer-2399	305	7	caution	caution	NOUN
ajeer-2399	305	8	.	.	PUNCT
ajeer-2399	306	1	lastly	lastly	ADV
ajeer-2399	306	2	,	,	PUNCT
ajeer-2399	306	3	there	there	PRON
ajeer-2399	306	4	are	be	VERB
ajeer-2399	306	5	two	two	NUM
ajeer-2399	306	6	main	main	ADJ
ajeer-2399	306	7	problems	problem	NOUN
ajeer-2399	306	8	regarding	regard	VERB
ajeer-2399	306	9	the	the	DET
ajeer-2399	306	10	ardl	ardl	NOUN
ajeer-2399	306	11	model	model	NOUN
ajeer-2399	306	12	in	in	ADP
ajeer-2399	306	13	this	this	DET
ajeer-2399	306	14	study	study	NOUN
ajeer-2399	306	15	.	.	PUNCT
ajeer-2399	307	1	one	one	NUM
ajeer-2399	307	2	of	of	ADP
ajeer-2399	307	3	them	they	PRON
ajeer-2399	307	4	involves	involve	VERB
ajeer-2399	307	5	the	the	DET
ajeer-2399	307	6	cointegration	cointegration	NOUN
ajeer-2399	307	7	issue	issue	NOUN
ajeer-2399	307	8	.	.	PUNCT
ajeer-2399	308	1	pesaran	pesaran	PROPN
ajeer-2399	308	2	and	and	CCONJ
ajeer-2399	308	3	shin	shin	PROPN
ajeer-2399	308	4	(	(	PUNCT
ajeer-2399	308	5	1998	1998	NUM
ajeer-2399	308	6	)	)	PUNCT
ajeer-2399	308	7	mentioned	mention	VERB
ajeer-2399	308	8	that	that	SCONJ
ajeer-2399	308	9	the	the	DET
ajeer-2399	308	10	cointegration	cointegration	NOUN
ajeer-2399	308	11	in	in	ADP
ajeer-2399	308	12	the	the	DET
ajeer-2399	308	13	ardl	ardl	NOUN
ajeer-2399	308	14	model	model	NOUN
ajeer-2399	308	15	must	must	AUX
ajeer-2399	308	16	be	be	AUX
ajeer-2399	308	17	unique	unique	ADJ
ajeer-2399	308	18	;	;	PUNCT
ajeer-2399	308	19	in	in	ADP
ajeer-2399	308	20	other	other	ADJ
ajeer-2399	308	21	words	word	NOUN
ajeer-2399	308	22	,	,	PUNCT
ajeer-2399	308	23	there	there	PRON
ajeer-2399	308	24	should	should	AUX
ajeer-2399	308	25	not	not	PART
ajeer-2399	308	26	be	be	AUX
ajeer-2399	308	27	a	a	DET
ajeer-2399	308	28	cointegration	cointegration	NOUN
ajeer-2399	308	29	among	among	ADP
ajeer-2399	308	30	regressors	regressor	NOUN
ajeer-2399	308	31	.	.	PUNCT
ajeer-2399	309	1	in	in	ADP
ajeer-2399	309	2	restricting	restrict	VERB
ajeer-2399	309	3	cointegration	cointegration	NOUN
ajeer-2399	309	4	among	among	ADP
ajeer-2399	309	5	regressors	regressor	NOUN
ajeer-2399	309	6	,	,	PUNCT
ajeer-2399	309	7	this	this	DET
ajeer-2399	309	8	study	study	NOUN
ajeer-2399	309	9	introduced	introduce	VERB
ajeer-2399	309	10	the	the	DET
ajeer-2399	309	11	first	first	ADJ
ajeer-2399	309	12	differencing	differencing	NOUN
ajeer-2399	309	13	method	method	NOUN
ajeer-2399	309	14	to	to	PART
ajeer-2399	309	15	transform	transform	VERB
ajeer-2399	309	16	all	all	DET
ajeer-2399	309	17	i(1	i(1	PROPN
ajeer-2399	309	18	)	)	PUNCT
ajeer-2399	309	19	regressors	regressor	NOUN
ajeer-2399	309	20	,	,	PUNCT
ajeer-2399	309	21	except	except	SCONJ
ajeer-2399	309	22	the	the	DET
ajeer-2399	309	23	state	state	NOUN
ajeer-2399	309	24	variable	variable	NOUN
ajeer-2399	309	25	.	.	PUNCT
ajeer-2399	310	1	another	another	DET
ajeer-2399	310	2	issue	issue	NOUN
ajeer-2399	310	3	relates	relate	VERB
ajeer-2399	310	4	to	to	ADP
ajeer-2399	310	5	the	the	DET
ajeer-2399	310	6	serial	serial	ADJ
ajeer-2399	310	7	correlation	correlation	NOUN
ajeer-2399	310	8	and	and	CCONJ
ajeer-2399	310	9	endogeneity	endogeneity	NOUN
ajeer-2399	310	10	problems	problem	NOUN
ajeer-2399	310	11	.	.	PUNCT
ajeer-2399	311	1	türkcan	türkcan	PROPN
ajeer-2399	311	2	et	et	PROPN
ajeer-2399	311	3	al	al	PROPN
ajeer-2399	311	4	.	.	PROPN
ajeer-2399	312	1	(	(	PUNCT
ajeer-2399	312	2	2008	2008	NUM
ajeer-2399	312	3	)	)	PUNCT
ajeer-2399	312	4	suggested	suggest	VERB
ajeer-2399	312	5	an	an	DET
ajeer-2399	312	6	endogenous	endogenous	ADJ
ajeer-2399	312	7	relationship	relationship	NOUN
ajeer-2399	312	8	between	between	ADP
ajeer-2399	312	9	fdi	fdi	NOUN
ajeer-2399	312	10	inflow	inflow	NOUN
ajeer-2399	312	11	and	and	CCONJ
ajeer-2399	312	12	economic	economic	ADJ
ajeer-2399	312	13	growth	growth	NOUN
ajeer-2399	312	14	.	.	PUNCT
ajeer-2399	313	1	it	it	PRON
ajeer-2399	313	2	transpired	transpire	VERB
ajeer-2399	313	3	that	that	SCONJ
ajeer-2399	313	4	the	the	DET
ajeer-2399	313	5	ardl	ardl	NOUN
ajeer-2399	313	6	model	model	NOUN
ajeer-2399	313	7	can	can	AUX
ajeer-2399	313	8	address	address	VERB
ajeer-2399	313	9	serial	serial	ADJ
ajeer-2399	313	10	correlation	correlation	NOUN
ajeer-2399	313	11	and	and	CCONJ
ajeer-2399	313	12	endogeneity	endogeneity	NOUN
ajeer-2399	313	13	problems	problem	NOUN
ajeer-2399	313	14	,	,	PUNCT
ajeer-2399	313	15	and	and	CCONJ
ajeer-2399	313	16	can	can	AUX
ajeer-2399	313	17	resolve	resolve	VERB
ajeer-2399	313	18	these	these	DET
ajeer-2399	313	19	issues	issue	NOUN
ajeer-2399	313	20	by	by	ADP
ajeer-2399	313	21	adding	add	VERB
ajeer-2399	313	22	appropriate	appropriate	ADJ
ajeer-2399	313	23	lag	lag	NOUN
ajeer-2399	313	24	regressors	regressor	NOUN
ajeer-2399	313	25	,	,	PUNCT
ajeer-2399	313	26	for	for	ADP
ajeer-2399	313	27	example	example	NOUN
ajeer-2399	313	28	,	,	PUNCT
ajeer-2399	313	29	ardl	ardl	NOUN
ajeer-2399	313	30	(	(	PUNCT
ajeer-2399	313	31	p	p	X
ajeer-2399	313	32	,	,	PUNCT
ajeer-2399	313	33	q	q	NOUN
ajeer-2399	313	34	)	)	PUNCT
ajeer-2399	313	35	to	to	PART
ajeer-2399	313	36	ardl	ardl	VERB
ajeer-2399	313	37	(	(	PUNCT
ajeer-2399	313	38	p	p	X
ajeer-2399	313	39	,	,	PUNCT
ajeer-2399	313	40	m	m	PROPN
ajeer-2399	313	41	)	)	PUNCT
ajeer-2399	313	42	,	,	PUNCT
ajeer-2399	313	43	for	for	ADP
ajeer-2399	313	44	m≥q	m≥q	NOUN
ajeer-2399	313	45	pesaran	pesaran	PROPN
ajeer-2399	313	46	and	and	CCONJ
ajeer-2399	313	47	shin	shin	NOUN
ajeer-2399	313	48	(	(	PUNCT
ajeer-2399	313	49	1998	1998	NUM
ajeer-2399	313	50	)	)	PUNCT
ajeer-2399	313	51	.	.	PUNCT
ajeer-2399	314	1	the	the	DET
ajeer-2399	314	2	study	study	NOUN
ajeer-2399	314	3	conducted	conduct	VERB
ajeer-2399	314	4	a	a	DET
ajeer-2399	314	5	residual	residual	ADJ
ajeer-2399	314	6	diagnostic	diagnostic	NOUN
ajeer-2399	314	7	by	by	ADP
ajeer-2399	314	8	checking	check	VERB
ajeer-2399	314	9	serial	serial	ADJ
ajeer-2399	314	10	correlation	correlation	NOUN
ajeer-2399	314	11	using	use	VERB
ajeer-2399	314	12	the	the	DET
ajeer-2399	314	13	lagrange	lagrange	NOUN
ajeer-2399	314	14	multiplier	multipli	ADJ
ajeer-2399	314	15	test	test	NOUN
ajeer-2399	314	16	.	.	PUNCT
ajeer-2399	315	1	it	it	PRON
ajeer-2399	315	2	does	do	AUX
ajeer-2399	315	3	not	not	PART
ajeer-2399	315	4	find	find	VERB
ajeer-2399	315	5	serial	serial	ADJ
ajeer-2399	315	6	correlation	correlation	NOUN
ajeer-2399	315	7	problems	problem	NOUN
ajeer-2399	315	8	in	in	ADP
ajeer-2399	315	9	this	this	DET
ajeer-2399	315	10	study	study	NOUN
ajeer-2399	315	11	.	.	PUNCT
ajeer-2399	316	1	6	6	X
ajeer-2399	316	2	.	.	X
ajeer-2399	316	3	conclusion	conclusion	NOUN
ajeer-2399	316	4	this	this	DET
ajeer-2399	316	5	study	study	NOUN
ajeer-2399	316	6	constructed	construct	VERB
ajeer-2399	316	7	a	a	DET
ajeer-2399	316	8	coincident	coincident	ADJ
ajeer-2399	316	9	indicator	indicator	NOUN
ajeer-2399	316	10	as	as	ADP
ajeer-2399	316	11	an	an	DET
ajeer-2399	316	12	unobserved	unobserved	ADJ
ajeer-2399	316	13	state	state	NOUN
ajeer-2399	316	14	of	of	ADP
ajeer-2399	316	15	the	the	DET
ajeer-2399	316	16	economy	economy	NOUN
ajeer-2399	316	17	using	use	VERB
ajeer-2399	316	18	the	the	DET
ajeer-2399	316	19	two	two	NUM
ajeer-2399	316	20	-	-	PUNCT
ajeer-2399	316	21	step	step	NOUN
ajeer-2399	316	22	procedure	procedure	NOUN
ajeer-2399	316	23	proposed	propose	VERB
ajeer-2399	316	24	by	by	ADP
ajeer-2399	316	25	doz	doz	PROPN
ajeer-2399	316	26	et	et	PROPN
ajeer-2399	316	27	al	al	PROPN
ajeer-2399	316	28	.	.	PROPN
ajeer-2399	317	1	(	(	PUNCT
ajeer-2399	317	2	2011	2011	NUM
ajeer-2399	317	3	)	)	PUNCT
ajeer-2399	317	4	.	.	PUNCT
ajeer-2399	318	1	in	in	ADP
ajeer-2399	318	2	the	the	DET
ajeer-2399	318	3	first	first	ADJ
ajeer-2399	318	4	step	step	NOUN
ajeer-2399	318	5	,	,	PUNCT
ajeer-2399	318	6	it	it	PRON
ajeer-2399	318	7	estimated	estimate	VERB
ajeer-2399	318	8	the	the	DET
ajeer-2399	318	9	parameters	parameter	NOUN
ajeer-2399	318	10	by	by	ADP
ajeer-2399	318	11	the	the	DET
ajeer-2399	318	12	ols	ol	NOUN
ajeer-2399	318	13	and	and	CCONJ
ajeer-2399	318	14	fgls	fgls	VERB
ajeer-2399	318	15	23	23	NUM
ajeer-2399	318	16	the	the	DET
ajeer-2399	318	17	study	study	NOUN
ajeer-2399	318	18	uses	use	VERB
ajeer-2399	318	19	the	the	DET
ajeer-2399	318	20	quarterly	quarterly	ADJ
ajeer-2399	318	21	data	datum	NOUN
ajeer-2399	318	22	because	because	SCONJ
ajeer-2399	318	23	only	only	ADV
ajeer-2399	318	24	quarterly	quarterly	ADJ
ajeer-2399	318	25	fdi	fdi	NOUN
ajeer-2399	318	26	is	be	AUX
ajeer-2399	318	27	available	available	ADJ
ajeer-2399	318	28	.	.	PUNCT
ajeer-2399	319	1	24	24	NUM
ajeer-2399	319	2	output	output	NOUN
ajeer-2399	319	3	gap	gap	NOUN
ajeer-2399	319	4	is	be	AUX
ajeer-2399	319	5	calculated	calculate	VERB
ajeer-2399	319	6	as	as	ADP
ajeer-2399	319	7	the	the	DET
ajeer-2399	319	8	deviation	deviation	NOUN
ajeer-2399	319	9	between	between	ADP
ajeer-2399	319	10	the	the	DET
ajeer-2399	319	11	state	state	NOUN
ajeer-2399	319	12	of	of	ADP
ajeer-2399	319	13	the	the	DET
ajeer-2399	319	14	economy	economy	NOUN
ajeer-2399	319	15	and	and	CCONJ
ajeer-2399	319	16	its	its	PRON
ajeer-2399	319	17	trend	trend	NOUN
ajeer-2399	319	18	,	,	PUNCT
ajeer-2399	319	19	where	where	SCONJ
ajeer-2399	319	20	the	the	DET
ajeer-2399	319	21	hodrick	hodrick	NOUN
ajeer-2399	319	22	–	–	PUNCT
ajeer-2399	319	23	prescott	prescott	NOUN
ajeer-2399	319	24	(	(	PUNCT
ajeer-2399	319	25	hp	hp	NOUN
ajeer-2399	319	26	)	)	PUNCT
ajeer-2399	319	27	filter	filter	NOUN
ajeer-2399	319	28	is	be	AUX
ajeer-2399	319	29	used	use	VERB
ajeer-2399	319	30	to	to	PART
ajeer-2399	319	31	decompose	decompose	VERB
ajeer-2399	319	32	the	the	DET
ajeer-2399	319	33	trend	trend	NOUN
ajeer-2399	319	34	.	.	PUNCT
ajeer-2399	320	1	asian	asian	ADJ
ajeer-2399	320	2	journal	journal	PROPN
ajeer-2399	320	3	of	of	ADP
ajeer-2399	320	4	economics	economic	NOUN
ajeer-2399	320	5	and	and	CCONJ
ajeer-2399	320	6	empirical	empirical	ADJ
ajeer-2399	320	7	research	research	NOUN
ajeer-2399	320	8	,	,	PUNCT
ajeer-2399	320	9	2020	2020	NUM
ajeer-2399	320	10	,	,	PUNCT
ajeer-2399	320	11	7(2	7(2	NUM
ajeer-2399	320	12	):	):	PUNCT
ajeer-2399	320	13	268	268	NUM
ajeer-2399	320	14	-	-	SYM
ajeer-2399	320	15	281	281	NUM
ajeer-2399	320	16	275	275	NUM
ajeer-2399	320	17	©	©	PROPN
ajeer-2399	320	18	2020	2020	NUM
ajeer-2399	320	19	by	by	ADP
ajeer-2399	320	20	the	the	DET
ajeer-2399	320	21	authors	author	NOUN
ajeer-2399	320	22	;	;	PUNCT
ajeer-2399	320	23	licensee	licensee	PROPN
ajeer-2399	320	24	asian	asian	ADJ
ajeer-2399	320	25	online	online	PROPN
ajeer-2399	320	26	journal	journal	PROPN
ajeer-2399	320	27	publishing	publishing	NOUN
ajeer-2399	320	28	group	group	NOUN
ajeer-2399	320	29	methods	method	NOUN
ajeer-2399	320	30	using	use	VERB
ajeer-2399	320	31	the	the	DET
ajeer-2399	320	32	state	state	NOUN
ajeer-2399	320	33	variable	variable	NOUN
ajeer-2399	320	34	generated	generate	VERB
ajeer-2399	320	35	by	by	ADP
ajeer-2399	320	36	the	the	DET
ajeer-2399	320	37	principal	principal	ADJ
ajeer-2399	320	38	component	component	NOUN
ajeer-2399	320	39	.	.	PUNCT
ajeer-2399	321	1	in	in	ADP
ajeer-2399	321	2	the	the	DET
ajeer-2399	321	3	second	second	ADJ
ajeer-2399	321	4	step	step	NOUN
ajeer-2399	321	5	,	,	PUNCT
ajeer-2399	321	6	it	it	PRON
ajeer-2399	321	7	estimated	estimate	VERB
ajeer-2399	321	8	the	the	DET
ajeer-2399	321	9	unobserved	unobserved	ADJ
ajeer-2399	321	10	state	state	NOUN
ajeer-2399	321	11	via	via	ADP
ajeer-2399	321	12	the	the	DET
ajeer-2399	321	13	dynamic	dynamic	ADJ
ajeer-2399	321	14	factor	factor	NOUN
ajeer-2399	321	15	model	model	NOUN
ajeer-2399	321	16	(	(	PUNCT
ajeer-2399	321	17	dfm	dfm	PROPN
ajeer-2399	321	18	)	)	PUNCT
ajeer-2399	321	19	by	by	ADP
ajeer-2399	321	20	substituting	substitute	VERB
ajeer-2399	321	21	parameters	parameter	NOUN
ajeer-2399	321	22	with	with	ADP
ajeer-2399	321	23	its	its	PRON
ajeer-2399	321	24	estimators	estimator	NOUN
ajeer-2399	321	25	in	in	ADP
ajeer-2399	321	26	the	the	DET
ajeer-2399	321	27	first	first	ADJ
ajeer-2399	321	28	step	step	NOUN
ajeer-2399	321	29	.	.	PUNCT
ajeer-2399	322	1	this	this	DET
ajeer-2399	322	2	approach	approach	NOUN
ajeer-2399	322	3	could	could	AUX
ajeer-2399	322	4	improve	improve	VERB
ajeer-2399	322	5	the	the	DET
ajeer-2399	322	6	estimation	estimation	NOUN
ajeer-2399	322	7	of	of	ADP
ajeer-2399	322	8	the	the	DET
ajeer-2399	322	9	common	common	ADJ
ajeer-2399	322	10	factors	factor	NOUN
ajeer-2399	322	11	substantially	substantially	ADV
ajeer-2399	322	12	as	as	SCONJ
ajeer-2399	322	13	emphasized	emphasize	VERB
ajeer-2399	322	14	by	by	ADP
ajeer-2399	322	15	giannone	giannone	PROPN
ajeer-2399	322	16	et	et	PROPN
ajeer-2399	322	17	al	al	PROPN
ajeer-2399	322	18	.	.	PROPN
ajeer-2399	323	1	(	(	PUNCT
ajeer-2399	323	2	2008	2008	NUM
ajeer-2399	323	3	)	)	PUNCT
ajeer-2399	323	4	and	and	CCONJ
ajeer-2399	323	5	stock	stock	NOUN
ajeer-2399	323	6	and	and	CCONJ
ajeer-2399	323	7	watson	watson	PROPN
ajeer-2399	323	8	(	(	PUNCT
ajeer-2399	323	9	2011	2011	NUM
ajeer-2399	323	10	)	)	PUNCT
ajeer-2399	323	11	.	.	PUNCT
ajeer-2399	324	1	the	the	DET
ajeer-2399	324	2	study	study	NOUN
ajeer-2399	324	3	used	use	VERB
ajeer-2399	324	4	non	non	ADJ
ajeer-2399	324	5	-	-	ADJ
ajeer-2399	324	6	stationary	stationary	ADJ
ajeer-2399	324	7	data	datum	NOUN
ajeer-2399	324	8	,	,	PUNCT
ajeer-2399	324	9	as	as	SCONJ
ajeer-2399	324	10	it	it	PRON
ajeer-2399	324	11	discards	discard	VERB
ajeer-2399	324	12	a	a	DET
ajeer-2399	324	13	large	large	ADJ
ajeer-2399	324	14	amount	amount	NOUN
ajeer-2399	324	15	of	of	ADP
ajeer-2399	324	16	information	information	NOUN
ajeer-2399	324	17	if	if	SCONJ
ajeer-2399	324	18	cointegration	cointegration	NOUN
ajeer-2399	324	19	exists	exist	VERB
ajeer-2399	324	20	.	.	PUNCT
ajeer-2399	325	1	corona	corona	NOUN
ajeer-2399	325	2	et	et	PROPN
ajeer-2399	325	3	al	al	PROPN
ajeer-2399	325	4	.	.	PROPN
ajeer-2399	325	5	(	(	PUNCT
ajeer-2399	325	6	2020	2020	NUM
ajeer-2399	325	7	)	)	PUNCT
ajeer-2399	325	8	showed	show	VERB
ajeer-2399	325	9	that	that	SCONJ
ajeer-2399	325	10	in	in	ADP
ajeer-2399	325	11	the	the	DET
ajeer-2399	325	12	case	case	NOUN
ajeer-2399	325	13	of	of	ADP
ajeer-2399	325	14	cointegration	cointegration	NOUN
ajeer-2399	325	15	,	,	PUNCT
ajeer-2399	325	16	using	use	VERB
ajeer-2399	325	17	the	the	DET
ajeer-2399	325	18	original	original	ADJ
ajeer-2399	325	19	series	series	NOUN
ajeer-2399	325	20	could	could	AUX
ajeer-2399	325	21	improve	improve	VERB
ajeer-2399	325	22	the	the	DET
ajeer-2399	325	23	estimation	estimation	NOUN
ajeer-2399	325	24	of	of	ADP
ajeer-2399	325	25	state	state	NOUN
ajeer-2399	325	26	variables	variable	NOUN
ajeer-2399	325	27	compared	compare	VERB
ajeer-2399	325	28	to	to	ADP
ajeer-2399	325	29	differencing	difference	VERB
ajeer-2399	325	30	the	the	DET
ajeer-2399	325	31	series	series	NOUN
ajeer-2399	325	32	.	.	PUNCT
ajeer-2399	326	1	the	the	DET
ajeer-2399	326	2	coincident	coincident	ADJ
ajeer-2399	326	3	indicator	indicator	NOUN
ajeer-2399	326	4	showed	show	VERB
ajeer-2399	326	5	a	a	DET
ajeer-2399	326	6	slower	slow	ADJ
ajeer-2399	326	7	economy	economy	NOUN
ajeer-2399	326	8	performance	performance	NOUN
ajeer-2399	326	9	(	(	PUNCT
ajeer-2399	326	10	below	below	ADP
ajeer-2399	326	11	its	its	PRON
ajeer-2399	326	12	potential	potential	ADJ
ajeer-2399	326	13	level	level	NOUN
ajeer-2399	326	14	)	)	PUNCT
ajeer-2399	326	15	during	during	ADP
ajeer-2399	326	16	2016	2016	NUM
ajeer-2399	326	17	and	and	CCONJ
ajeer-2399	326	18	2017	2017	NUM
ajeer-2399	326	19	.	.	PUNCT
ajeer-2399	327	1	the	the	DET
ajeer-2399	327	2	economy	economy	NOUN
ajeer-2399	327	3	somehow	somehow	ADV
ajeer-2399	327	4	rebounded	rebound	VERB
ajeer-2399	327	5	after	after	ADP
ajeer-2399	327	6	mid-2017	mid-2017	NOUN
ajeer-2399	327	7	.	.	PUNCT
ajeer-2399	328	1	additionally	additionally	ADV
ajeer-2399	328	2	,	,	PUNCT
ajeer-2399	328	3	the	the	DET
ajeer-2399	328	4	study	study	NOUN
ajeer-2399	328	5	observed	observe	VERB
ajeer-2399	328	6	the	the	DET
ajeer-2399	328	7	comovement	comovement	NOUN
ajeer-2399	328	8	between	between	ADP
ajeer-2399	328	9	fdi	fdi	NOUN
ajeer-2399	328	10	inflow	inflow	NOUN
ajeer-2399	328	11	and	and	CCONJ
ajeer-2399	328	12	the	the	DET
ajeer-2399	328	13	state	state	NOUN
ajeer-2399	328	14	of	of	ADP
ajeer-2399	328	15	the	the	DET
ajeer-2399	328	16	economy	economy	NOUN
ajeer-2399	328	17	.	.	PUNCT
ajeer-2399	329	1	it	it	PRON
ajeer-2399	329	2	discovered	discover	VERB
ajeer-2399	329	3	a	a	DET
ajeer-2399	329	4	positive	positive	ADJ
ajeer-2399	329	5	impact	impact	NOUN
ajeer-2399	329	6	of	of	ADP
ajeer-2399	329	7	fdi	fdi	ADJ
ajeer-2399	329	8	inflow	inflow	NOUN
ajeer-2399	329	9	on	on	ADP
ajeer-2399	329	10	the	the	DET
ajeer-2399	329	11	state	state	NOUN
ajeer-2399	329	12	of	of	ADP
ajeer-2399	329	13	the	the	DET
ajeer-2399	329	14	economy	economy	NOUN
ajeer-2399	329	15	in	in	ADP
ajeer-2399	329	16	the	the	DET
ajeer-2399	329	17	short	short	ADJ
ajeer-2399	329	18	-	-	PUNCT
ajeer-2399	329	19	term	term	NOUN
ajeer-2399	329	20	.	.	PUNCT
ajeer-2399	330	1	models	model	NOUN
ajeer-2399	330	2	using	use	VERB
ajeer-2399	330	3	the	the	DET
ajeer-2399	330	4	state	state	NOUN
ajeer-2399	330	5	variable	variable	NOUN
ajeer-2399	330	6	produced	produce	VERB
ajeer-2399	330	7	by	by	ADP
ajeer-2399	330	8	various	various	ADJ
ajeer-2399	330	9	methods	method	NOUN
ajeer-2399	330	10	show	show	VERB
ajeer-2399	330	11	a	a	DET
ajeer-2399	330	12	similar	similar	ADJ
ajeer-2399	330	13	result	result	NOUN
ajeer-2399	330	14	,	,	PUNCT
ajeer-2399	330	15	while	while	SCONJ
ajeer-2399	330	16	the	the	DET
ajeer-2399	330	17	long	long	ADJ
ajeer-2399	330	18	-	-	PUNCT
ajeer-2399	330	19	term	term	NOUN
ajeer-2399	330	20	coefficient	coefficient	NOUN
ajeer-2399	330	21	becomes	become	VERB
ajeer-2399	330	22	negative	negative	ADJ
ajeer-2399	330	23	.	.	PUNCT
ajeer-2399	331	1	one	one	NUM
ajeer-2399	331	2	reason	reason	NOUN
ajeer-2399	331	3	for	for	ADP
ajeer-2399	331	4	this	this	PRON
ajeer-2399	331	5	is	be	AUX
ajeer-2399	331	6	due	due	ADJ
ajeer-2399	331	7	to	to	ADP
ajeer-2399	331	8	a	a	DET
ajeer-2399	331	9	diminishing	diminish	VERB
ajeer-2399	331	10	marginal	marginal	ADJ
ajeer-2399	331	11	rate	rate	NOUN
ajeer-2399	331	12	of	of	ADP
ajeer-2399	331	13	capital	capital	NOUN
ajeer-2399	331	14	.	.	PUNCT
ajeer-2399	332	1	references	reference	NOUN
ajeer-2399	332	2	albu	albu	PROPN
ajeer-2399	332	3	,	,	PUNCT
ajeer-2399	332	4	l.	l.	PROPN
ajeer-2399	332	5	,	,	PUNCT
ajeer-2399	332	6	&	&	CCONJ
ajeer-2399	332	7	dinu	dinu	PROPN
ajeer-2399	332	8	,	,	PUNCT
ajeer-2399	332	9	v.	v.	PROPN
ajeer-2399	332	10	(	(	PUNCT
ajeer-2399	332	11	2009	2009	NUM
ajeer-2399	332	12	)	)	PUNCT
ajeer-2399	332	13	.	.	PUNCT
ajeer-2399	333	1	how	how	SCONJ
ajeer-2399	333	2	deep	deep	ADJ
ajeer-2399	333	3	and	and	CCONJ
ajeer-2399	333	4	how	how	SCONJ
ajeer-2399	333	5	long	long	ADV
ajeer-2399	333	6	could	could	AUX
ajeer-2399	333	7	be	be	AUX
ajeer-2399	333	8	the	the	DET
ajeer-2399	333	9	recession	recession	NOUN
ajeer-2399	333	10	in	in	ADP
ajeer-2399	333	11	romania	romania	PROPN
ajeer-2399	333	12	.	.	PUNCT
ajeer-2399	334	1	the	the	DET
ajeer-2399	334	2	amfiteatru	amfiteatru	PROPN
ajeer-2399	334	3	economic	economic	PROPN
ajeer-2399	334	4	journal	journal	NOUN
ajeer-2399	334	5	,	,	PUNCT
ajeer-2399	334	6	11(special	11(special	ADJ
ajeer-2399	334	7	3	3	NUM
ajeer-2399	334	8	)	)	PUNCT
ajeer-2399	334	9	,	,	PUNCT
ajeer-2399	334	10	675683	675683	NUM
ajeer-2399	334	11	.	.	PUNCT
ajeer-2399	335	1	alfaro	alfaro	PROPN
ajeer-2399	335	2	,	,	PUNCT
ajeer-2399	335	3	l.	l.	PROPN
ajeer-2399	335	4	(	(	PUNCT
ajeer-2399	335	5	2003	2003	NUM
ajeer-2399	335	6	)	)	PUNCT
ajeer-2399	335	7	.	.	PUNCT
ajeer-2399	336	1	foreign	foreign	ADJ
ajeer-2399	336	2	direct	direct	ADJ
ajeer-2399	336	3	investment	investment	NOUN
ajeer-2399	336	4	and	and	CCONJ
ajeer-2399	336	5	growth	growth	NOUN
ajeer-2399	336	6	:	:	PUNCT
ajeer-2399	336	7	does	do	AUX
ajeer-2399	336	8	the	the	DET
ajeer-2399	336	9	sector	sector	NOUN
ajeer-2399	336	10	matter	matter	NOUN
ajeer-2399	336	11	.	.	PUNCT
ajeer-2399	337	1	harvard	harvard	PROPN
ajeer-2399	337	2	business	business	PROPN
ajeer-2399	337	3	school	school	PROPN
ajeer-2399	337	4	,	,	PUNCT
ajeer-2399	337	5	2003	2003	NUM
ajeer-2399	337	6	,	,	PUNCT
ajeer-2399	337	7	1	1	NUM
ajeer-2399	337	8	-	-	SYM
ajeer-2399	337	9	31	31	NUM
ajeer-2399	337	10	.	.	PUNCT
ajeer-2399	338	1	altissimo	altissimo	PROPN
ajeer-2399	338	2	,	,	PUNCT
ajeer-2399	338	3	f.	f.	PROPN
ajeer-2399	338	4	,	,	PUNCT
ajeer-2399	338	5	cristadoro	cristadoro	PROPN
ajeer-2399	338	6	,	,	PUNCT
ajeer-2399	338	7	r.	r.	PROPN
ajeer-2399	338	8	,	,	PUNCT
ajeer-2399	338	9	forni	forni	PROPN
ajeer-2399	338	10	,	,	PUNCT
ajeer-2399	338	11	m.	m.	NOUN
ajeer-2399	338	12	,	,	PUNCT
ajeer-2399	338	13	lippi	lippi	PROPN
ajeer-2399	338	14	,	,	PUNCT
ajeer-2399	338	15	m.	m.	NOUN
ajeer-2399	338	16	,	,	PUNCT
ajeer-2399	338	17	&	&	CCONJ
ajeer-2399	338	18	veronese	veronese	PROPN
ajeer-2399	338	19	,	,	PUNCT
ajeer-2399	338	20	g.	g.	PROPN
ajeer-2399	338	21	(	(	PUNCT
ajeer-2399	338	22	2010	2010	NUM
ajeer-2399	338	23	)	)	PUNCT
ajeer-2399	338	24	.	.	PUNCT
ajeer-2399	339	1	new	new	ADJ
ajeer-2399	339	2	eurocoin	eurocoin	NOUN
ajeer-2399	339	3	:	:	PUNCT
ajeer-2399	339	4	tracking	track	VERB
ajeer-2399	339	5	economic	economic	ADJ
ajeer-2399	339	6	growth	growth	NOUN
ajeer-2399	339	7	in	in	ADP
ajeer-2399	339	8	real	real	ADJ
ajeer-2399	339	9	time	time	NOUN
ajeer-2399	339	10	.	.	PUNCT
ajeer-2399	340	1	the	the	DET
ajeer-2399	340	2	review	review	NOUN
ajeer-2399	340	3	of	of	ADP
ajeer-2399	340	4	economics	economic	NOUN
ajeer-2399	340	5	and	and	CCONJ
ajeer-2399	340	6	statistics	statistic	NOUN
ajeer-2399	340	7	,	,	PUNCT
ajeer-2399	340	8	92(4	92(4	PROPN
ajeer-2399	340	9	)	)	PUNCT
ajeer-2399	340	10	,	,	PUNCT
ajeer-2399	340	11	1024-1034.available	1024-1034.available	ADJ
ajeer-2399	340	12	at	at	ADP
ajeer-2399	340	13	:	:	PUNCT
ajeer-2399	340	14	https://doi.org/10.1162/rest_a_00045	https://doi.org/10.1162/rest_a_00045	PROPN
ajeer-2399	340	15	.	.	PROPN
ajeer-2399	340	16	altissimo	altissimo	PROPN
ajeer-2399	340	17	.	.	PROPN
ajeer-2399	340	18	,	,	PUNCT
ajeer-2399	340	19	f.	f.	PROPN
ajeer-2399	340	20	,	,	PUNCT
ajeer-2399	340	21	bassanetti	bassanetti	PROPN
ajeer-2399	340	22	,	,	PUNCT
ajeer-2399	340	23	a.	a.	NOUN
ajeer-2399	340	24	,	,	PUNCT
ajeer-2399	340	25	cristadoro	cristadoro	PROPN
ajeer-2399	340	26	,	,	PUNCT
ajeer-2399	340	27	r.	r.	PROPN
ajeer-2399	340	28	,	,	PUNCT
ajeer-2399	340	29	forni	forni	PROPN
ajeer-2399	340	30	,	,	PUNCT
ajeer-2399	340	31	m.	m.	NOUN
ajeer-2399	340	32	,	,	PUNCT
ajeer-2399	340	33	lippi	lippi	PROPN
ajeer-2399	340	34	,	,	PUNCT
ajeer-2399	340	35	m.	m.	NOUN
ajeer-2399	340	36	,	,	PUNCT
ajeer-2399	340	37	reichlin	reichlin	PROPN
ajeer-2399	340	38	,	,	PUNCT
ajeer-2399	340	39	l.	l.	PROPN
ajeer-2399	340	40	,	,	PUNCT
ajeer-2399	340	41	&	&	CCONJ
ajeer-2399	340	42	veronese	veronese	PROPN
ajeer-2399	340	43	,	,	PUNCT
ajeer-2399	340	44	g.	g.	PROPN
ajeer-2399	340	45	(	(	PUNCT
ajeer-2399	340	46	2001	2001	NUM
ajeer-2399	340	47	)	)	PUNCT
ajeer-2399	340	48	.	.	PUNCT
ajeer-2399	341	1	eurocoin	eurocoin	PROPN
ajeer-2399	341	2	:	:	PUNCT
ajeer-2399	341	3	a	a	DET
ajeer-2399	341	4	real	real	ADJ
ajeer-2399	341	5	time	time	NOUN
ajeer-2399	341	6	coincident	coincident	ADJ
ajeer-2399	341	7	indicator	indicator	NOUN
ajeer-2399	341	8	of	of	ADP
ajeer-2399	341	9	the	the	DET
ajeer-2399	341	10	euro	euro	PROPN
ajeer-2399	341	11	area	area	PROPN
ajeer-2399	341	12	business	business	NOUN
ajeer-2399	341	13	cycle	cycle	NOUN
ajeer-2399	341	14	.	.	PUNCT
ajeer-2399	342	1	cepr	cepr	ADJ
ajeer-2399	342	2	discussion	discussion	NOUN
ajeer-2399	342	3	papers	paper	NOUN
ajeer-2399	342	4	no	no	INTJ
ajeer-2399	342	5	.	.	PUNCT
ajeer-2399	342	6	3108	3108	NUM
ajeer-2399	342	7	.	.	PUNCT
ajeer-2399	343	1	aruoba	aruoba	PROPN
ajeer-2399	343	2	,	,	PUNCT
ajeer-2399	343	3	s.	s.	PROPN
ajeer-2399	343	4	b.	b.	PROPN
ajeer-2399	343	5	,	,	PUNCT
ajeer-2399	343	6	diebold	diebold	VERB
ajeer-2399	343	7	,	,	PUNCT
ajeer-2399	343	8	f.	f.	PROPN
ajeer-2399	343	9	x.	x.	PROPN
ajeer-2399	343	10	,	,	PUNCT
ajeer-2399	343	11	&	&	CCONJ
ajeer-2399	343	12	scotti	scotti	PROPN
ajeer-2399	343	13	,	,	PUNCT
ajeer-2399	343	14	c.	c.	PROPN
ajeer-2399	343	15	(	(	PUNCT
ajeer-2399	343	16	2009	2009	NUM
ajeer-2399	343	17	)	)	PUNCT
ajeer-2399	343	18	.	.	PUNCT
ajeer-2399	344	1	real	real	ADJ
ajeer-2399	344	2	-	-	PUNCT
ajeer-2399	344	3	time	time	NOUN
ajeer-2399	344	4	measurement	measurement	NOUN
ajeer-2399	344	5	of	of	ADP
ajeer-2399	344	6	business	business	NOUN
ajeer-2399	344	7	conditions	condition	NOUN
ajeer-2399	344	8	.	.	PUNCT
ajeer-2399	345	1	journal	journal	NOUN
ajeer-2399	345	2	of	of	ADP
ajeer-2399	345	3	business	business	PROPN
ajeer-2399	345	4	&	&	CCONJ
ajeer-2399	345	5	economic	economic	ADJ
ajeer-2399	345	6	statistics	statistic	NOUN
ajeer-2399	345	7	,	,	PUNCT
ajeer-2399	345	8	27(4	27(4	PROPN
ajeer-2399	345	9	)	)	PUNCT
ajeer-2399	345	10	,	,	PUNCT
ajeer-2399	345	11	417-427.available	417-427.available	NUM
ajeer-2399	345	12	at	at	ADP
ajeer-2399	345	13	:	:	PUNCT
ajeer-2399	345	14	https://doi.org/10.1198/jbes.2009.07205	https://doi.org/10.1198/jbes.2009.07205	PROPN
ajeer-2399	345	15	.	.	PROPN
ajeer-2399	345	16	bai	bai	PROPN
ajeer-2399	345	17	,	,	PUNCT
ajeer-2399	345	18	j.	j.	PROPN
ajeer-2399	345	19	(	(	PUNCT
ajeer-2399	345	20	2003	2003	NUM
ajeer-2399	345	21	)	)	PUNCT
ajeer-2399	345	22	.	.	PUNCT
ajeer-2399	346	1	inferential	inferential	ADJ
ajeer-2399	346	2	theory	theory	NOUN
ajeer-2399	346	3	for	for	ADP
ajeer-2399	346	4	factor	factor	NOUN
ajeer-2399	346	5	models	model	NOUN
ajeer-2399	346	6	of	of	ADP
ajeer-2399	346	7	large	large	ADJ
ajeer-2399	346	8	dimensions	dimension	NOUN
ajeer-2399	346	9	.	.	PUNCT
ajeer-2399	347	1	econometrica	econometrica	PROPN
ajeer-2399	347	2	,	,	PUNCT
ajeer-2399	347	3	71(1	71(1	NUM
ajeer-2399	347	4	)	)	PUNCT
ajeer-2399	347	5	,	,	PUNCT
ajeer-2399	347	6	135-171.available	135-171.available	NUM
ajeer-2399	347	7	at	at	ADP
ajeer-2399	347	8	:	:	PUNCT
ajeer-2399	347	9	https://doi.org/10.1111/1468-0262.00392	https://doi.org/10.1111/1468-0262.00392	PROPN
ajeer-2399	347	10	.	.	PROPN
ajeer-2399	347	11	bakarić	bakarić	PROPN
ajeer-2399	347	12	,	,	PUNCT
ajeer-2399	347	13	i.	i.	PROPN
ajeer-2399	347	14	r.	r.	PROPN
ajeer-2399	347	15	,	,	PUNCT
ajeer-2399	347	16	tkalec	tkalec	PROPN
ajeer-2399	347	17	,	,	PUNCT
ajeer-2399	347	18	m.	m.	NOUN
ajeer-2399	347	19	,	,	PUNCT
ajeer-2399	347	20	&	&	CCONJ
ajeer-2399	347	21	vizek	vizek	NOUN
ajeer-2399	347	22	,	,	PUNCT
ajeer-2399	347	23	m.	m.	NOUN
ajeer-2399	347	24	(	(	PUNCT
ajeer-2399	347	25	2016	2016	NUM
ajeer-2399	347	26	)	)	PUNCT
ajeer-2399	347	27	.	.	PUNCT
ajeer-2399	348	1	constructing	construct	VERB
ajeer-2399	348	2	a	a	DET
ajeer-2399	348	3	composite	composite	ADJ
ajeer-2399	348	4	coincident	coincident	ADJ
ajeer-2399	348	5	indicator	indicator	NOUN
ajeer-2399	348	6	for	for	ADP
ajeer-2399	348	7	a	a	DET
ajeer-2399	348	8	post	post	ADJ
ajeer-2399	348	9	-	-	ADJ
ajeer-2399	348	10	transition	transition	ADJ
ajeer-2399	348	11	country	country	NOUN
ajeer-2399	348	12	.	.	PUNCT
ajeer-2399	349	1	economic	economic	ADJ
ajeer-2399	349	2	research	research	NOUN
ajeer-2399	349	3	,	,	PUNCT
ajeer-2399	349	4	29(1	29(1	NUM
ajeer-2399	349	5	)	)	PUNCT
ajeer-2399	349	6	,	,	PUNCT
ajeer-2399	349	7	434-445.available	434-445.available	ADJ
ajeer-2399	349	8	at	at	ADP
ajeer-2399	349	9	:	:	PUNCT
ajeer-2399	349	10	https://doi.org/10.1080/1331677x.2016.1174388	https://doi.org/10.1080/1331677x.2016.1174388	PROPN
ajeer-2399	349	11	.	.	NOUN
ajeer-2399	349	12	bates	bates	PROPN
ajeer-2399	349	13	,	,	PUNCT
ajeer-2399	349	14	b.	b.	PROPN
ajeer-2399	349	15	j.	j.	PROPN
ajeer-2399	349	16	,	,	PUNCT
ajeer-2399	349	17	plagborg	plagborg	NOUN
ajeer-2399	349	18	-	-	PUNCT
ajeer-2399	349	19	møller	møller	NOUN
ajeer-2399	349	20	,	,	PUNCT
ajeer-2399	349	21	m.	m.	NOUN
ajeer-2399	349	22	,	,	PUNCT
ajeer-2399	349	23	stock	stock	NOUN
ajeer-2399	349	24	,	,	PUNCT
ajeer-2399	349	25	j.	j.	PROPN
ajeer-2399	349	26	h.	h.	PROPN
ajeer-2399	349	27	,	,	PUNCT
ajeer-2399	349	28	&	&	CCONJ
ajeer-2399	349	29	watson	watson	PROPN
ajeer-2399	349	30	,	,	PUNCT
ajeer-2399	349	31	m.	m.	PROPN
ajeer-2399	349	32	w.	w.	PROPN
ajeer-2399	349	33	(	(	PUNCT
ajeer-2399	349	34	2013	2013	NUM
ajeer-2399	349	35	)	)	PUNCT
ajeer-2399	349	36	.	.	PUNCT
ajeer-2399	350	1	consistent	consistent	ADJ
ajeer-2399	350	2	factor	factor	NOUN
ajeer-2399	350	3	estimation	estimation	NOUN
ajeer-2399	350	4	in	in	ADP
ajeer-2399	350	5	dynamic	dynamic	ADJ
ajeer-2399	350	6	factor	factor	NOUN
ajeer-2399	350	7	models	model	NOUN
ajeer-2399	350	8	with	with	ADP
ajeer-2399	350	9	structural	structural	ADJ
ajeer-2399	350	10	instability	instability	NOUN
ajeer-2399	350	11	.	.	PUNCT
ajeer-2399	351	1	journal	journal	PROPN
ajeer-2399	351	2	of	of	ADP
ajeer-2399	351	3	econometrics	econometric	NOUN
ajeer-2399	351	4	,	,	PUNCT
ajeer-2399	351	5	177(2	177(2	NUM
ajeer-2399	351	6	)	)	PUNCT
ajeer-2399	351	7	,	,	PUNCT
ajeer-2399	351	8	289	289	NUM
ajeer-2399	351	9	-	-	SYM
ajeer-2399	351	10	304	304	NUM
ajeer-2399	351	11	.	.	PUNCT
ajeer-2399	352	1	bevan	bevan	PROPN
ajeer-2399	352	2	,	,	PUNCT
ajeer-2399	352	3	a.	a.	NOUN
ajeer-2399	352	4	a.	a.	PROPN
ajeer-2399	352	5	,	,	PUNCT
ajeer-2399	352	6	&	&	CCONJ
ajeer-2399	352	7	estrin	estrin	PROPN
ajeer-2399	352	8	,	,	PUNCT
ajeer-2399	352	9	s.	s.	PROPN
ajeer-2399	352	10	(	(	PUNCT
ajeer-2399	352	11	2000	2000	NUM
ajeer-2399	352	12	)	)	PUNCT
ajeer-2399	352	13	.	.	PUNCT
ajeer-2399	353	1	the	the	DET
ajeer-2399	353	2	determinants	determinant	NOUN
ajeer-2399	353	3	of	of	ADP
ajeer-2399	353	4	foreign	foreign	ADJ
ajeer-2399	353	5	direct	direct	ADJ
ajeer-2399	353	6	investment	investment	NOUN
ajeer-2399	353	7	in	in	ADP
ajeer-2399	353	8	transition	transition	NOUN
ajeer-2399	353	9	economies	economy	NOUN
ajeer-2399	353	10	.	.	PUNCT
ajeer-2399	354	1	william	william	PROPN
ajeer-2399	354	2	davidson	davidson	PROPN
ajeer-2399	354	3	institute	institute	PROPN
ajeer-2399	354	4	working	working	PROPN
ajeer-2399	354	5	paper	paper	PROPN
ajeer-2399	354	6	342	342	NUM
ajeer-2399	354	7	.	.	PUNCT
ajeer-2399	355	1	bujosa	bujosa	PROPN
ajeer-2399	355	2	,	,	PUNCT
ajeer-2399	355	3	m.	m.	NOUN
ajeer-2399	355	4	,	,	PUNCT
ajeer-2399	355	5	garcıa	garcıa	ADJ
ajeer-2399	355	6	-	-	PUNCT
ajeer-2399	355	7	ferrer	ferrer	NOUN
ajeer-2399	355	8	,	,	PUNCT
ajeer-2399	355	9	a.	a.	PROPN
ajeer-2399	355	10	,	,	PUNCT
ajeer-2399	355	11	juan	juan	PROPN
ajeer-2399	355	12	,	,	PUNCT
ajeer-2399	355	13	a.	a.	PROPN
ajeer-2399	355	14	d.	d.	PROPN
ajeer-2399	355	15	,	,	PUNCT
ajeer-2399	355	16	&	&	CCONJ
ajeer-2399	355	17	martin	martin	PROPN
ajeer-2399	355	18	-	-	PUNCT
ajeer-2399	355	19	arroyo	arroyo	PROPN
ajeer-2399	355	20	,	,	PUNCT
ajeer-2399	355	21	a.	a.	NOUN
ajeer-2399	355	22	(	(	PUNCT
ajeer-2399	355	23	2018	2018	NUM
ajeer-2399	355	24	)	)	PUNCT
ajeer-2399	355	25	.	.	PUNCT
ajeer-2399	356	1	evaluating	evaluate	VERB
ajeer-2399	356	2	early	early	ADJ
ajeer-2399	356	3	warning	warning	NOUN
ajeer-2399	356	4	and	and	CCONJ
ajeer-2399	356	5	coincident	coincident	ADJ
ajeer-2399	356	6	indicators	indicator	NOUN
ajeer-2399	356	7	of	of	ADP
ajeer-2399	356	8	business	business	NOUN
ajeer-2399	356	9	cycles	cycle	NOUN
ajeer-2399	356	10	using	use	VERB
ajeer-2399	356	11	smooth	smooth	ADJ
ajeer-2399	356	12	trends	trend	NOUN
ajeer-2399	356	13	.	.	PUNCT
ajeer-2399	357	1	journal	journal	NOUN
ajeer-2399	357	2	of	of	ADP
ajeer-2399	357	3	forecasting	forecasting	NOUN
ajeer-2399	357	4	,	,	PUNCT
ajeer-2399	357	5	39(1	39(1	NUM
ajeer-2399	357	6	)	)	PUNCT
ajeer-2399	357	7	,	,	PUNCT
ajeer-2399	357	8	1	1	NUM
ajeer-2399	357	9	-	-	SYM
ajeer-2399	357	10	17	17	NUM
ajeer-2399	357	11	.	.	PUNCT
ajeer-2399	358	1	caggiano	caggiano	PROPN
ajeer-2399	358	2	,	,	PUNCT
ajeer-2399	358	3	g.	g.	PROPN
ajeer-2399	358	4	,	,	PUNCT
ajeer-2399	358	5	kapetanios	kapetanios	PROPN
ajeer-2399	358	6	,	,	PUNCT
ajeer-2399	358	7	g.	g.	PROPN
ajeer-2399	358	8	,	,	PUNCT
ajeer-2399	358	9	&	&	CCONJ
ajeer-2399	358	10	labhard	labhard	PROPN
ajeer-2399	358	11	,	,	PUNCT
ajeer-2399	358	12	v.	v.	PROPN
ajeer-2399	358	13	(	(	PUNCT
ajeer-2399	358	14	2011	2011	NUM
ajeer-2399	358	15	)	)	PUNCT
ajeer-2399	358	16	.	.	PUNCT
ajeer-2399	359	1	are	be	AUX
ajeer-2399	359	2	more	more	ADJ
ajeer-2399	359	3	data	datum	NOUN
ajeer-2399	359	4	always	always	ADV
ajeer-2399	359	5	better	well	ADJ
ajeer-2399	359	6	for	for	ADP
ajeer-2399	359	7	factor	factor	NOUN
ajeer-2399	359	8	analysis	analysis	NOUN
ajeer-2399	359	9	?	?	PUNCT
ajeer-2399	360	1	results	result	NOUN
ajeer-2399	360	2	for	for	ADP
ajeer-2399	360	3	the	the	DET
ajeer-2399	360	4	euro	euro	PROPN
ajeer-2399	360	5	area	area	NOUN
ajeer-2399	360	6	,	,	PUNCT
ajeer-2399	360	7	the	the	DET
ajeer-2399	360	8	six	six	NUM
ajeer-2399	360	9	largest	large	ADJ
ajeer-2399	360	10	euro	euro	NOUN
ajeer-2399	360	11	area	area	NOUN
ajeer-2399	360	12	countries	country	NOUN
ajeer-2399	360	13	and	and	CCONJ
ajeer-2399	360	14	the	the	DET
ajeer-2399	360	15	uk	uk	PROPN
ajeer-2399	360	16	.	.	PROPN
ajeer-2399	360	17	journal	journal	PROPN
ajeer-2399	360	18	of	of	ADP
ajeer-2399	360	19	forecasting	forecasting	NOUN
ajeer-2399	360	20	,	,	PUNCT
ajeer-2399	360	21	30(8	30(8	NUM
ajeer-2399	360	22	)	)	PUNCT
ajeer-2399	360	23	,	,	PUNCT
ajeer-2399	360	24	736-752.available	736-752.available	NUM
ajeer-2399	360	25	at	at	ADP
ajeer-2399	360	26	:	:	PUNCT
ajeer-2399	360	27	https://doi.org/10.1002/for.1208	https://doi.org/10.1002/for.1208	PROPN
ajeer-2399	360	28	.	.	PUNCT
ajeer-2399	360	29	caines	caine	NOUN
ajeer-2399	360	30	,	,	PUNCT
ajeer-2399	360	31	p.	p.	PROPN
ajeer-2399	360	32	e.	e.	PROPN
ajeer-2399	360	33	(	(	PUNCT
ajeer-2399	360	34	1988	1988	NUM
ajeer-2399	360	35	)	)	PUNCT
ajeer-2399	360	36	.	.	PUNCT
ajeer-2399	361	1	maximum	maximum	ADJ
ajeer-2399	361	2	likelihood	likelihood	NOUN
ajeer-2399	361	3	estimation	estimation	NOUN
ajeer-2399	361	4	of	of	ADP
ajeer-2399	361	5	guassian	guassian	PROPN
ajeer-2399	361	6	armax	armax	NOUN
ajeer-2399	361	7	and	and	CCONJ
ajeer-2399	361	8	state	state	NOUN
ajeer-2399	361	9	-	-	PUNCT
ajeer-2399	361	10	space	space	NOUN
ajeer-2399	361	11	system	system	NOUN
ajeer-2399	361	12	.	.	PUNCT
ajeer-2399	362	1	in	in	ADP
ajeer-2399	362	2	p.	p.	PROPN
ajeer-2399	362	3	e.	e.	PROPN
ajeer-2399	362	4	caines	caines	PROPN
ajeer-2399	362	5	,	,	PUNCT
ajeer-2399	362	6	linear	linear	ADJ
ajeer-2399	362	7	stochastic	stochastic	NOUN
ajeer-2399	362	8	systems	system	NOUN
ajeer-2399	362	9	(	(	PUNCT
ajeer-2399	362	10	pp	pp	ADJ
ajeer-2399	362	11	.	.	PUNCT
ajeer-2399	362	12	411	411	NUM
ajeer-2399	362	13	-	-	SYM
ajeer-2399	362	14	480	480	NUM
ajeer-2399	362	15	)	)	PUNCT
ajeer-2399	362	16	.	.	PUNCT
ajeer-2399	363	1	new	new	PROPN
ajeer-2399	363	2	york	york	PROPN
ajeer-2399	363	3	:	:	PUNCT
ajeer-2399	363	4	society	society	NOUN
ajeer-2399	363	5	for	for	ADP
ajeer-2399	363	6	industrial	industrial	ADJ
ajeer-2399	363	7	and	and	CCONJ
ajeer-2399	363	8	applied	applied	ADJ
ajeer-2399	363	9	mathematics	mathematic	NOUN
ajeer-2399	363	10	(	(	PUNCT
ajeer-2399	363	11	siam	siam	NOUN
ajeer-2399	363	12	)	)	PUNCT
ajeer-2399	363	13	.	.	PUNCT
ajeer-2399	364	1	choi	choi	NOUN
ajeer-2399	364	2	,	,	PUNCT
ajeer-2399	364	3	i.	i.	NOUN
ajeer-2399	364	4	(	(	PUNCT
ajeer-2399	364	5	2012	2012	NUM
ajeer-2399	364	6	)	)	PUNCT
ajeer-2399	364	7	.	.	PUNCT
ajeer-2399	365	1	efficient	efficient	ADJ
ajeer-2399	365	2	estimation	estimation	NOUN
ajeer-2399	365	3	of	of	ADP
ajeer-2399	365	4	factor	factor	NOUN
ajeer-2399	365	5	models	model	NOUN
ajeer-2399	365	6	.	.	PUNCT
ajeer-2399	366	1	econometric	econometric	PROPN
ajeer-2399	366	2	theory	theory	NOUN
ajeer-2399	366	3	,	,	PUNCT
ajeer-2399	366	4	28(2	28(2	NUM
ajeer-2399	366	5	)	)	PUNCT
ajeer-2399	366	6	,	,	PUNCT
ajeer-2399	366	7	274-308.available	274-308.available	NUM
ajeer-2399	366	8	at	at	ADP
ajeer-2399	366	9	:	:	PUNCT
ajeer-2399	366	10	https://doi.org/10.1017/s0266466611000338	https://doi.org/10.1017/s0266466611000338	PROPN
ajeer-2399	366	11	.	.	PUNCT
ajeer-2399	366	12	corona	corona	PROPN
ajeer-2399	366	13	,	,	PUNCT
ajeer-2399	366	14	f.	f.	PROPN
ajeer-2399	366	15	,	,	PUNCT
ajeer-2399	366	16	poncela	poncela	PROPN
ajeer-2399	366	17	,	,	PUNCT
ajeer-2399	366	18	p.	p.	PROPN
ajeer-2399	366	19	,	,	PUNCT
ajeer-2399	366	20	&	&	CCONJ
ajeer-2399	366	21	ruiz	ruiz	PROPN
ajeer-2399	366	22	,	,	PUNCT
ajeer-2399	366	23	e.	e.	PROPN
ajeer-2399	366	24	(	(	PUNCT
ajeer-2399	366	25	2020	2020	NUM
ajeer-2399	366	26	)	)	PUNCT
ajeer-2399	366	27	.	.	PUNCT
ajeer-2399	367	1	estimating	estimate	VERB
ajeer-2399	367	2	non	non	ADJ
ajeer-2399	367	3	-	-	ADJ
ajeer-2399	367	4	stationary	stationary	ADJ
ajeer-2399	367	5	common	common	ADJ
ajeer-2399	367	6	factors	factor	NOUN
ajeer-2399	367	7	:	:	PUNCT
ajeer-2399	367	8	implications	implication	NOUN
ajeer-2399	367	9	for	for	ADP
ajeer-2399	367	10	risk	risk	NOUN
ajeer-2399	367	11	sharing	sharing	NOUN
ajeer-2399	367	12	.	.	PUNCT
ajeer-2399	368	1	computational	computational	ADJ
ajeer-2399	368	2	economics	economic	NOUN
ajeer-2399	368	3	,	,	PUNCT
ajeer-2399	368	4	55(1	55(1	NOUN
ajeer-2399	368	5	)	)	PUNCT
ajeer-2399	368	6	,	,	PUNCT
ajeer-2399	368	7	37-60.available	37-60.available	NUM
ajeer-2399	368	8	at	at	ADP
ajeer-2399	368	9	:	:	PUNCT
ajeer-2399	368	10	https://doi.org/10.1007/s10614-018-9875-9	https://doi.org/10.1007/s10614-018-9875-9	NUM
ajeer-2399	368	11	.	.	PUNCT
ajeer-2399	369	1	de	de	PROPN
ajeer-2399	369	2	mello	mello	PROPN
ajeer-2399	369	3	,	,	PUNCT
ajeer-2399	369	4	l.	l.	PROPN
ajeer-2399	369	5	r.	r.	PROPN
ajeer-2399	369	6	(	(	PUNCT
ajeer-2399	369	7	1999	1999	NUM
ajeer-2399	369	8	)	)	PUNCT
ajeer-2399	369	9	.	.	PUNCT
ajeer-2399	370	1	foreign	foreign	ADJ
ajeer-2399	370	2	direct	direct	ADJ
ajeer-2399	370	3	investment	investment	NOUN
ajeer-2399	370	4	-	-	PUNCT
ajeer-2399	370	5	led	lead	VERB
ajeer-2399	370	6	growth	growth	NOUN
ajeer-2399	370	7	:	:	PUNCT
ajeer-2399	370	8	evidence	evidence	NOUN
ajeer-2399	370	9	from	from	ADP
ajeer-2399	370	10	time	time	NOUN
ajeer-2399	370	11	series	series	PROPN
ajeer-2399	370	12	and	and	CCONJ
ajeer-2399	370	13	panel	panel	NOUN
ajeer-2399	370	14	data	datum	NOUN
ajeer-2399	370	15	.	.	PUNCT
ajeer-2399	371	1	oxford	oxford	PROPN
ajeer-2399	371	2	economic	economic	ADJ
ajeer-2399	371	3	papers	paper	NOUN
ajeer-2399	371	4	,	,	PUNCT
ajeer-2399	371	5	51(1	51(1	NUM
ajeer-2399	371	6	)	)	PUNCT
ajeer-2399	371	7	,	,	PUNCT
ajeer-2399	371	8	133151.available	133151.available	ADJ
ajeer-2399	371	9	at	at	ADP
ajeer-2399	371	10	:	:	PUNCT
ajeer-2399	371	11	https://doi.org/10.1093/oep/51.1.133	https://doi.org/10.1093/oep/51.1.133	PROPN
ajeer-2399	371	12	.	.	PUNCT
ajeer-2399	372	1	devajit	devajit	PROPN
ajeer-2399	372	2	,	,	PUNCT
ajeer-2399	372	3	m.	m.	NOUN
ajeer-2399	372	4	(	(	PUNCT
ajeer-2399	372	5	2012	2012	NUM
ajeer-2399	372	6	)	)	PUNCT
ajeer-2399	372	7	.	.	PUNCT
ajeer-2399	373	1	impact	impact	NOUN
ajeer-2399	373	2	of	of	ADP
ajeer-2399	373	3	foreign	foreign	ADJ
ajeer-2399	373	4	direct	direct	ADJ
ajeer-2399	373	5	investment	investment	NOUN
ajeer-2399	373	6	on	on	ADP
ajeer-2399	373	7	indian	indian	ADJ
ajeer-2399	373	8	economy	economy	NOUN
ajeer-2399	373	9	.	.	PUNCT
ajeer-2399	374	1	research	research	NOUN
ajeer-2399	374	2	journal	journal	PROPN
ajeer-2399	374	3	of	of	ADP
ajeer-2399	374	4	management	management	NOUN
ajeer-2399	374	5	sciences	sciences	PROPN
ajeer-2399	374	6	,	,	PUNCT
ajeer-2399	374	7	1(2	1(2	NUM
ajeer-2399	374	8	)	)	PUNCT
ajeer-2399	374	9	,	,	PUNCT
ajeer-2399	374	10	29	29	NUM
ajeer-2399	374	11	-	-	SYM
ajeer-2399	374	12	31	31	NUM
ajeer-2399	374	13	.	.	PUNCT
ajeer-2399	375	1	doz	doz	PROPN
ajeer-2399	375	2	,	,	PUNCT
ajeer-2399	375	3	c.	c.	NOUN
ajeer-2399	375	4	,	,	PUNCT
ajeer-2399	375	5	giannone	giannone	NOUN
ajeer-2399	375	6	,	,	PUNCT
ajeer-2399	375	7	d.	d.	PROPN
ajeer-2399	375	8	,	,	PUNCT
ajeer-2399	375	9	&	&	CCONJ
ajeer-2399	375	10	reichlin	reichlin	PROPN
ajeer-2399	375	11	,	,	PUNCT
ajeer-2399	375	12	l.	l.	PROPN
ajeer-2399	375	13	(	(	PUNCT
ajeer-2399	375	14	2011	2011	NUM
ajeer-2399	375	15	)	)	PUNCT
ajeer-2399	375	16	.	.	PUNCT
ajeer-2399	376	1	a	a	DET
ajeer-2399	376	2	two	two	NUM
ajeer-2399	376	3	-	-	PUNCT
ajeer-2399	376	4	step	step	NOUN
ajeer-2399	376	5	estimator	estimator	NOUN
ajeer-2399	376	6	for	for	ADP
ajeer-2399	376	7	large	large	ADJ
ajeer-2399	376	8	approximate	approximate	ADJ
ajeer-2399	376	9	dynamic	dynamic	ADJ
ajeer-2399	376	10	factor	factor	NOUN
ajeer-2399	376	11	models	model	NOUN
ajeer-2399	376	12	based	base	VERB
ajeer-2399	376	13	on	on	ADP
ajeer-2399	376	14	kalman	kalman	PROPN
ajeer-2399	376	15	filtering	filtering	PROPN
ajeer-2399	376	16	.	.	PUNCT
ajeer-2399	377	1	journal	journal	PROPN
ajeer-2399	377	2	of	of	ADP
ajeer-2399	377	3	econometrics	econometric	NOUN
ajeer-2399	377	4	,	,	PUNCT
ajeer-2399	377	5	164(1	164(1	NUM
ajeer-2399	377	6	)	)	PUNCT
ajeer-2399	377	7	,	,	PUNCT
ajeer-2399	377	8	188-205.available	188-205.available	NUM
ajeer-2399	377	9	at	at	ADP
ajeer-2399	377	10	:	:	PUNCT
ajeer-2399	377	11	https://doi.org/10.1016/j.jeconom.2011.02.012	https://doi.org/10.1016/j.jeconom.2011.02.012	NOUN
ajeer-2399	377	12	.	.	PUNCT
ajeer-2399	378	1	durbin	durbin	PROPN
ajeer-2399	378	2	,	,	PUNCT
ajeer-2399	378	3	j.	j.	PROPN
ajeer-2399	378	4	,	,	PUNCT
ajeer-2399	378	5	&	&	CCONJ
ajeer-2399	378	6	koopman	koopman	PROPN
ajeer-2399	378	7	,	,	PUNCT
ajeer-2399	378	8	s.	s.	PROPN
ajeer-2399	378	9	j.	j.	PROPN
ajeer-2399	378	10	(	(	PUNCT
ajeer-2399	378	11	2012	2012	NUM
ajeer-2399	378	12	)	)	PUNCT
ajeer-2399	378	13	.	.	PUNCT
ajeer-2399	379	1	time	time	NOUN
ajeer-2399	379	2	series	series	PROPN
ajeer-2399	379	3	analysis	analysis	NOUN
ajeer-2399	379	4	by	by	ADP
ajeer-2399	379	5	state	state	NOUN
ajeer-2399	379	6	space	space	NOUN
ajeer-2399	379	7	methods	method	NOUN
ajeer-2399	379	8	(	(	PUNCT
ajeer-2399	379	9	2nd	2nd	ADJ
ajeer-2399	379	10	ed	ed	NOUN
ajeer-2399	379	11	.	.	PUNCT
ajeer-2399	379	12	)	)	PUNCT
ajeer-2399	379	13	.	.	PUNCT
ajeer-2399	380	1	united	united	PROPN
ajeer-2399	380	2	kindom	kindom	PROPN
ajeer-2399	380	3	:	:	PUNCT
ajeer-2399	380	4	oxford	oxford	PROPN
ajeer-2399	380	5	university	university	PROPN
ajeer-2399	380	6	press	press	NOUN
ajeer-2399	380	7	.	.	PUNCT
ajeer-2399	381	1	forni	forni	PROPN
ajeer-2399	381	2	,	,	PUNCT
ajeer-2399	381	3	m.	m.	NOUN
ajeer-2399	381	4	,	,	PUNCT
ajeer-2399	381	5	hallin	hallin	PROPN
ajeer-2399	381	6	,	,	PUNCT
ajeer-2399	381	7	m.	m.	NOUN
ajeer-2399	381	8	,	,	PUNCT
ajeer-2399	381	9	lippi	lippi	PROPN
ajeer-2399	381	10	,	,	PUNCT
ajeer-2399	381	11	m.	m.	NOUN
ajeer-2399	381	12	,	,	PUNCT
ajeer-2399	381	13	&	&	CCONJ
ajeer-2399	381	14	reichlin	reichlin	PROPN
ajeer-2399	381	15	,	,	PUNCT
ajeer-2399	381	16	l.	l.	PROPN
ajeer-2399	381	17	(	(	PUNCT
ajeer-2399	381	18	2000	2000	NUM
ajeer-2399	381	19	)	)	PUNCT
ajeer-2399	381	20	.	.	PUNCT
ajeer-2399	382	1	the	the	DET
ajeer-2399	382	2	generalized	generalized	ADJ
ajeer-2399	382	3	dynamic	dynamic	ADJ
ajeer-2399	382	4	-	-	PUNCT
ajeer-2399	382	5	factor	factor	NOUN
ajeer-2399	382	6	model	model	NOUN
ajeer-2399	382	7	:	:	PUNCT
ajeer-2399	382	8	identification	identification	NOUN
ajeer-2399	382	9	and	and	CCONJ
ajeer-2399	382	10	estimation	estimation	NOUN
ajeer-2399	382	11	.	.	PUNCT
ajeer-2399	383	1	review	review	NOUN
ajeer-2399	383	2	of	of	ADP
ajeer-2399	383	3	economics	economic	NOUN
ajeer-2399	383	4	and	and	CCONJ
ajeer-2399	383	5	statistics	statistic	NOUN
ajeer-2399	383	6	,	,	PUNCT
ajeer-2399	383	7	82(4	82(4	NUM
ajeer-2399	383	8	)	)	PUNCT
ajeer-2399	383	9	,	,	PUNCT
ajeer-2399	383	10	540-554.available	540-554.available	NUM
ajeer-2399	383	11	at	at	ADP
ajeer-2399	383	12	:	:	PUNCT
ajeer-2399	383	13	https://doi.org/10.1162/003465300559037	https://doi.org/10.1162/003465300559037	PROPN
ajeer-2399	383	14	.	.	PUNCT
ajeer-2399	384	1	freudenberg	freudenberg	PROPN
ajeer-2399	384	2	,	,	PUNCT
ajeer-2399	384	3	m.	m.	NOUN
ajeer-2399	384	4	(	(	PUNCT
ajeer-2399	384	5	2003	2003	NUM
ajeer-2399	384	6	)	)	PUNCT
ajeer-2399	384	7	.	.	PUNCT
ajeer-2399	385	1	composite	composite	ADJ
ajeer-2399	385	2	indicators	indicator	NOUN
ajeer-2399	385	3	of	of	ADP
ajeer-2399	385	4	country	country	NOUN
ajeer-2399	385	5	performance	performance	NOUN
ajeer-2399	385	6	:	:	PUNCT
ajeer-2399	385	7	a	a	DET
ajeer-2399	385	8	critical	critical	ADJ
ajeer-2399	385	9	assessment	assessment	NOUN
ajeer-2399	385	10	.	.	PUNCT
ajeer-2399	386	1	paris	paris	PROPN
ajeer-2399	386	2	:	:	PUNCT
ajeer-2399	386	3	oecd	oecd	PROPN
ajeer-2399	386	4	publishing	publishing	NOUN
ajeer-2399	386	5	.	.	PUNCT
ajeer-2399	387	1	giannone	giannone	NOUN
ajeer-2399	387	2	,	,	PUNCT
ajeer-2399	387	3	d.	d.	PROPN
ajeer-2399	387	4	,	,	PUNCT
ajeer-2399	387	5	reichlin	reichlin	PROPN
ajeer-2399	387	6	,	,	PUNCT
ajeer-2399	387	7	l.	l.	PROPN
ajeer-2399	387	8	,	,	PUNCT
ajeer-2399	387	9	&	&	CCONJ
ajeer-2399	387	10	small	small	PROPN
ajeer-2399	387	11	,	,	PUNCT
ajeer-2399	387	12	d.	d.	PROPN
ajeer-2399	387	13	(	(	PUNCT
ajeer-2399	387	14	2008	2008	NUM
ajeer-2399	387	15	)	)	PUNCT
ajeer-2399	387	16	.	.	PUNCT
ajeer-2399	388	1	nowcasting	nowcaste	VERB
ajeer-2399	388	2	:	:	PUNCT
ajeer-2399	388	3	the	the	DET
ajeer-2399	388	4	real	real	ADJ
ajeer-2399	388	5	-	-	PUNCT
ajeer-2399	388	6	time	time	NOUN
ajeer-2399	388	7	informational	informational	ADJ
ajeer-2399	388	8	content	content	NOUN
ajeer-2399	388	9	of	of	ADP
ajeer-2399	388	10	macroeconomic	macroeconomic	ADJ
ajeer-2399	388	11	data	datum	NOUN
ajeer-2399	388	12	.	.	PUNCT
ajeer-2399	389	1	journal	journal	PROPN
ajeer-2399	389	2	of	of	ADP
ajeer-2399	389	3	monetary	monetary	ADJ
ajeer-2399	389	4	economics	economic	NOUN
ajeer-2399	389	5	,	,	PUNCT
ajeer-2399	389	6	55(4	55(4	NUM
ajeer-2399	389	7	)	)	PUNCT
ajeer-2399	389	8	,	,	PUNCT
ajeer-2399	389	9	665-676.available	665-676.available	NUM
ajeer-2399	389	10	at	at	ADP
ajeer-2399	389	11	:	:	PUNCT
ajeer-2399	389	12	https://doi.org/10.1016/j.jmoneco.2008.05.010	https://doi.org/10.1016/j.jmoneco.2008.05.010	ADJ
ajeer-2399	389	13	.	.	PUNCT
ajeer-2399	390	1	guo	guo	PROPN
ajeer-2399	390	2	,	,	PUNCT
ajeer-2399	390	3	f.	f.	PROPN
ajeer-2399	390	4	,	,	PUNCT
ajeer-2399	390	5	ozyildirim	ozyildirim	NOUN
ajeer-2399	390	6	,	,	PUNCT
ajeer-2399	390	7	a.	a.	PROPN
ajeer-2399	390	8	,	,	PUNCT
ajeer-2399	390	9	&	&	CCONJ
ajeer-2399	390	10	zarnowitz	zarnowitz	PROPN
ajeer-2399	390	11	,	,	PUNCT
ajeer-2399	390	12	v.	v.	PROPN
ajeer-2399	390	13	(	(	PUNCT
ajeer-2399	390	14	2009	2009	NUM
ajeer-2399	390	15	)	)	PUNCT
ajeer-2399	390	16	.	.	PUNCT
ajeer-2399	391	1	on	on	ADP
ajeer-2399	391	2	the	the	DET
ajeer-2399	391	3	measurement	measurement	NOUN
ajeer-2399	391	4	and	and	CCONJ
ajeer-2399	391	5	analysis	analysis	NOUN
ajeer-2399	391	6	of	of	ADP
ajeer-2399	391	7	aggregate	aggregate	ADJ
ajeer-2399	391	8	economic	economic	ADJ
ajeer-2399	391	9	activity	activity	NOUN
ajeer-2399	391	10	for	for	ADP
ajeer-2399	391	11	china	china	PROPN
ajeer-2399	391	12	:	:	PUNCT
ajeer-2399	391	13	the	the	DET
ajeer-2399	391	14	coincident	coincident	ADJ
ajeer-2399	391	15	economic	economic	ADJ
ajeer-2399	391	16	indicators	indicator	NOUN
ajeer-2399	391	17	approach	approach	VERB
ajeer-2399	391	18	.	.	PUNCT
ajeer-2399	392	1	china	china	PROPN
ajeer-2399	392	2	economic	economic	PROPN
ajeer-2399	392	3	journal	journal	PROPN
ajeer-2399	392	4	,	,	PUNCT
ajeer-2399	392	5	2(2	2(2	NUM
ajeer-2399	392	6	)	)	PUNCT
ajeer-2399	392	7	,	,	PUNCT
ajeer-2399	392	8	159-186.available	159-186.available	NUM
ajeer-2399	392	9	at	at	ADP
ajeer-2399	392	10	:	:	PUNCT
ajeer-2399	392	11	https://doi.org/10.1080/17538960903083475	https://doi.org/10.1080/17538960903083475	PROPN
ajeer-2399	392	12	.	.	PUNCT
ajeer-2399	393	1	gupta	gupta	PROPN
ajeer-2399	393	2	,	,	PUNCT
ajeer-2399	393	3	r.	r.	PROPN
ajeer-2399	393	4	,	,	PUNCT
ajeer-2399	393	5	&	&	CCONJ
ajeer-2399	393	6	kabundi	kabundi	PROPN
ajeer-2399	393	7	,	,	PUNCT
ajeer-2399	393	8	a.	a.	NOUN
ajeer-2399	393	9	(	(	PUNCT
ajeer-2399	393	10	2011	2011	NUM
ajeer-2399	393	11	)	)	PUNCT
ajeer-2399	393	12	.	.	PUNCT
ajeer-2399	394	1	a	a	DET
ajeer-2399	394	2	large	large	ADJ
ajeer-2399	394	3	factor	factor	NOUN
ajeer-2399	394	4	model	model	NOUN
ajeer-2399	394	5	for	for	ADP
ajeer-2399	394	6	forecasting	forecast	VERB
ajeer-2399	394	7	macroeconomic	macroeconomic	ADJ
ajeer-2399	394	8	variables	variable	NOUN
ajeer-2399	394	9	in	in	ADP
ajeer-2399	394	10	south	south	PROPN
ajeer-2399	394	11	africa	africa	PROPN
ajeer-2399	394	12	.	.	PUNCT
ajeer-2399	395	1	international	international	ADJ
ajeer-2399	395	2	journal	journal	PROPN
ajeer-2399	395	3	of	of	ADP
ajeer-2399	395	4	forecasting	forecasting	NOUN
ajeer-2399	395	5	,	,	PUNCT
ajeer-2399	395	6	27(4	27(4	PROPN
ajeer-2399	395	7	)	)	PUNCT
ajeer-2399	395	8	,	,	PUNCT
ajeer-2399	395	9	1076-1088.available	1076-1088.available	NUM
ajeer-2399	395	10	at	at	ADP
ajeer-2399	395	11	:	:	PUNCT
ajeer-2399	395	12	https://doi.org/10.1016/j.ijforecast.2010.10.001	https://doi.org/10.1016/j.ijforecast.2010.10.001	NOUN
ajeer-2399	395	13	.	.	PUNCT
ajeer-2399	396	1	györgy	györgy	PROPN
ajeer-2399	396	2	,	,	PUNCT
ajeer-2399	396	3	k.	k.	PROPN
ajeer-2399	396	4	,	,	PUNCT
ajeer-2399	396	5	kelemen	kelemen	PROPN
ajeer-2399	396	6	,	,	PUNCT
ajeer-2399	396	7	a.	a.	PROPN
ajeer-2399	396	8	,	,	PUNCT
ajeer-2399	396	9	&	&	CCONJ
ajeer-2399	396	10	dávid	dávid	PROPN
ajeer-2399	396	11	,	,	PUNCT
ajeer-2399	396	12	l.	l.	PROPN
ajeer-2399	396	13	(	(	PUNCT
ajeer-2399	396	14	2014	2014	NUM
ajeer-2399	396	15	)	)	PUNCT
ajeer-2399	396	16	.	.	PUNCT
ajeer-2399	397	1	unscented	unscente	VERB
ajeer-2399	397	2	kalman	kalman	NOUN
ajeer-2399	397	3	filters	filter	NOUN
ajeer-2399	397	4	and	and	CCONJ
ajeer-2399	397	5	particle	particle	NOUN
ajeer-2399	397	6	filter	filter	NOUN
ajeer-2399	397	7	methods	method	NOUN
ajeer-2399	397	8	for	for	ADP
ajeer-2399	397	9	nonlinear	nonlinear	ADJ
ajeer-2399	397	10	state	state	NOUN
ajeer-2399	397	11	estimation	estimation	NOUN
ajeer-2399	397	12	.	.	PUNCT
ajeer-2399	398	1	procedia	procedia	PROPN
ajeer-2399	398	2	technology	technology	PROPN
ajeer-2399	398	3	,	,	PUNCT
ajeer-2399	398	4	12(1	12(1	NUM
ajeer-2399	398	5	)	)	PUNCT
ajeer-2399	398	6	,	,	PUNCT
ajeer-2399	398	7	65-74.available	65-74.available	ADJ
ajeer-2399	398	8	at	at	ADP
ajeer-2399	398	9	:	:	PUNCT
ajeer-2399	398	10	https://doi.org/10.1016/j.protcy.2013.12.457	https://doi.org/10.1016/j.protcy.2013.12.457	NUM
ajeer-2399	398	11	.	.	PUNCT
ajeer-2399	399	1	hossain	hossain	PROPN
ajeer-2399	399	2	,	,	PUNCT
ajeer-2399	399	3	a.	a.	PROPN
ajeer-2399	399	4	,	,	PUNCT
ajeer-2399	399	5	&	&	CCONJ
ajeer-2399	399	6	hossain	hossain	PROPN
ajeer-2399	399	7	,	,	PUNCT
ajeer-2399	399	8	m.	m.	PROPN
ajeer-2399	399	9	k.	k.	PROPN
ajeer-2399	399	10	(	(	PUNCT
ajeer-2399	399	11	2012	2012	NUM
ajeer-2399	399	12	)	)	PUNCT
ajeer-2399	399	13	.	.	PUNCT
ajeer-2399	400	1	empirical	empirical	ADJ
ajeer-2399	400	2	relationship	relationship	NOUN
ajeer-2399	400	3	between	between	ADP
ajeer-2399	400	4	foreign	foreign	ADJ
ajeer-2399	400	5	direct	direct	ADJ
ajeer-2399	400	6	investment	investment	NOUN
ajeer-2399	400	7	and	and	CCONJ
ajeer-2399	400	8	economic	economic	ADJ
ajeer-2399	400	9	output	output	NOUN
ajeer-2399	400	10	in	in	ADP
ajeer-2399	400	11	south	south	ADJ
ajeer-2399	400	12	asian	asian	ADJ
ajeer-2399	400	13	countries	country	NOUN
ajeer-2399	400	14	:	:	PUNCT
ajeer-2399	400	15	a	a	DET
ajeer-2399	400	16	study	study	NOUN
ajeer-2399	400	17	on	on	ADP
ajeer-2399	400	18	bangladesh	bangladesh	PROPN
ajeer-2399	400	19	,	,	PUNCT
ajeer-2399	400	20	pakistan	pakistan	PROPN
ajeer-2399	400	21	and	and	CCONJ
ajeer-2399	400	22	india	india	PROPN
ajeer-2399	400	23	.	.	PUNCT
ajeer-2399	401	1	international	international	ADJ
ajeer-2399	401	2	business	business	NOUN
ajeer-2399	401	3	research	research	NOUN
ajeer-2399	401	4	,	,	PUNCT
ajeer-2399	401	5	5(1	5(1	NUM
ajeer-2399	401	6	)	)	PUNCT
ajeer-2399	401	7	,	,	PUNCT
ajeer-2399	401	8	9	9	NUM
ajeer-2399	401	9	-	-	SYM
ajeer-2399	401	10	21	21	NUM
ajeer-2399	401	11	.	.	PUNCT
ajeer-2399	402	1	imf	imf	PROPN
ajeer-2399	402	2	.	.	PUNCT
ajeer-2399	403	1	(	(	PUNCT
ajeer-2399	403	2	2018	2018	NUM
ajeer-2399	403	3	)	)	PUNCT
ajeer-2399	403	4	.	.	PUNCT
ajeer-2399	404	1	cambodia	cambodia	PROPN
ajeer-2399	404	2	:	:	PUNCT
ajeer-2399	404	3	2018	2018	NUM
ajeer-2399	404	4	article	article	NOUN
ajeer-2399	404	5	iv	iv	NUM
ajeer-2399	404	6	consultation	consultation	NOUN
ajeer-2399	404	7	-	-	PUNCT
ajeer-2399	404	8	press	press	NOUN
ajeer-2399	404	9	release	release	NOUN
ajeer-2399	404	10	;	;	PUNCT
ajeer-2399	404	11	staff	staff	NOUN
ajeer-2399	404	12	report	report	NOUN
ajeer-2399	404	13	;	;	PUNCT
ajeer-2399	404	14	staff	staff	NOUN
ajeer-2399	404	15	statement	statement	NOUN
ajeer-2399	404	16	;	;	PUNCT
ajeer-2399	404	17	and	and	CCONJ
ajeer-2399	404	18	statement	statement	NOUN
ajeer-2399	404	19	by	by	ADP
ajeer-2399	404	20	the	the	DET
ajeer-2399	404	21	executive	executive	ADJ
ajeer-2399	404	22	director	director	NOUN
ajeer-2399	404	23	for	for	ADP
ajeer-2399	404	24	cambodia	cambodia	PROPN
ajeer-2399	404	25	.	.	PUNCT
ajeer-2399	405	1	international	international	ADJ
ajeer-2399	405	2	monetary	monetary	ADJ
ajeer-2399	405	3	fund	fund	PROPN
ajeer-2399	405	4	.	.	PUNCT
ajeer-2399	406	1	retrieved	retrieve	VERB
ajeer-2399	406	2	from	from	ADP
ajeer-2399	406	3	:	:	PUNCT
ajeer-2399	406	4	https://www.imf.org/en/publications/cr/issues/2018/12/17/cambodia-2018-article-iv-consultation-press-release-staffreport-staff-statement-and-46478	https://www.imf.org/en/publications/cr/issues/2018/12/17/cambodia-2018-article-iv-consultation-press-release-staffreport-staff-statement-and-46478	PROPN
ajeer-2399	406	5	.	.	PUNCT
ajeer-2399	407	1	julier	julier	PROPN
ajeer-2399	407	2	,	,	PUNCT
ajeer-2399	407	3	s.	s.	PROPN
ajeer-2399	407	4	j.	j.	PROPN
ajeer-2399	407	5	,	,	PUNCT
ajeer-2399	407	6	&	&	CCONJ
ajeer-2399	407	7	uhlmann	uhlmann	PROPN
ajeer-2399	407	8	,	,	PUNCT
ajeer-2399	407	9	j.	j.	PROPN
ajeer-2399	407	10	k.	k.	PROPN
ajeer-2399	407	11	(	(	PUNCT
ajeer-2399	407	12	1997	1997	NUM
ajeer-2399	407	13	)	)	PUNCT
ajeer-2399	407	14	.	.	PUNCT
ajeer-2399	408	1	new	new	ADJ
ajeer-2399	408	2	extension	extension	NOUN
ajeer-2399	408	3	of	of	ADP
ajeer-2399	408	4	the	the	DET
ajeer-2399	408	5	kalman	kalman	PROPN
ajeer-2399	408	6	filter	filter	NOUN
ajeer-2399	408	7	to	to	ADP
ajeer-2399	408	8	nonlinear	nonlinear	ADJ
ajeer-2399	408	9	systems	system	NOUN
ajeer-2399	408	10	.	.	PUNCT
ajeer-2399	409	1	in	in	ADP
ajeer-2399	409	2	signal	signal	ADJ
ajeer-2399	409	3	processing	processing	NOUN
ajeer-2399	409	4	,	,	PUNCT
ajeer-2399	409	5	sensor	sensor	NOUN
ajeer-2399	409	6	fusion	fusion	NOUN
ajeer-2399	409	7	,	,	PUNCT
ajeer-2399	409	8	and	and	CCONJ
ajeer-2399	409	9	target	target	NOUN
ajeer-2399	409	10	recognition	recognition	NOUN
ajeer-2399	409	11	.	.	PUNCT
ajeer-2399	410	1	international	international	ADJ
ajeer-2399	410	2	society	society	NOUN
ajeer-2399	410	3	for	for	ADP
ajeer-2399	410	4	optics	optic	NOUN
ajeer-2399	410	5	and	and	CCONJ
ajeer-2399	410	6	photonics	photonic	NOUN
ajeer-2399	410	7	,	,	PUNCT
ajeer-2399	410	8	3068	3068	NUM
ajeer-2399	410	9	,	,	PUNCT
ajeer-2399	410	10	182-193.available	182-193.available	NUM
ajeer-2399	410	11	at	at	ADP
ajeer-2399	410	12	:	:	PUNCT
ajeer-2399	410	13	https://doi.org/10.1117/12.280797	https://doi.org/10.1117/12.280797	PROPN
ajeer-2399	410	14	.	.	PUNCT
ajeer-2399	411	1	kim	kim	PROPN
ajeer-2399	411	2	,	,	PUNCT
ajeer-2399	411	3	c.-j	c.-j	PROPN
ajeer-2399	411	4	.	.	PROPN
ajeer-2399	411	5	,	,	PUNCT
ajeer-2399	411	6	&	&	CCONJ
ajeer-2399	411	7	nelson	nelson	PROPN
ajeer-2399	411	8	,	,	PUNCT
ajeer-2399	411	9	c.	c.	PROPN
ajeer-2399	411	10	r.	r.	PROPN
ajeer-2399	411	11	(	(	PUNCT
ajeer-2399	411	12	1998	1998	NUM
ajeer-2399	411	13	)	)	PUNCT
ajeer-2399	411	14	.	.	PUNCT
ajeer-2399	412	1	business	business	NOUN
ajeer-2399	412	2	cycle	cycle	NOUN
ajeer-2399	412	3	turning	turning	NOUN
ajeer-2399	412	4	points	point	NOUN
ajeer-2399	412	5	,	,	PUNCT
ajeer-2399	412	6	a	a	DET
ajeer-2399	412	7	new	new	ADJ
ajeer-2399	412	8	coincident	coincident	ADJ
ajeer-2399	412	9	index	index	NOUN
ajeer-2399	412	10	,	,	PUNCT
ajeer-2399	412	11	and	and	CCONJ
ajeer-2399	412	12	tests	test	NOUN
ajeer-2399	412	13	of	of	ADP
ajeer-2399	412	14	duration	duration	NOUN
ajeer-2399	412	15	dependence	dependence	NOUN
ajeer-2399	412	16	based	base	VERB
ajeer-2399	412	17	on	on	ADP
ajeer-2399	412	18	a	a	DET
ajeer-2399	412	19	dynamic	dynamic	ADJ
ajeer-2399	412	20	factor	factor	NOUN
ajeer-2399	412	21	model	model	NOUN
ajeer-2399	412	22	with	with	ADP
ajeer-2399	412	23	regime	regime	NOUN
ajeer-2399	412	24	switching	switching	NOUN
ajeer-2399	412	25	.	.	PUNCT
ajeer-2399	413	1	review	review	NOUN
ajeer-2399	413	2	of	of	ADP
ajeer-2399	413	3	economics	economic	NOUN
ajeer-2399	413	4	and	and	CCONJ
ajeer-2399	413	5	statistics	statistic	NOUN
ajeer-2399	413	6	,	,	PUNCT
ajeer-2399	413	7	80(2	80(2	NUM
ajeer-2399	413	8	)	)	PUNCT
ajeer-2399	413	9	,	,	PUNCT
ajeer-2399	413	10	188-201.available	188-201.available	NUM
ajeer-2399	413	11	at	at	ADP
ajeer-2399	413	12	:	:	PUNCT
ajeer-2399	413	13	https://doi.org/10.1162/003465398557447	https://doi.org/10.1162/003465398557447	NOUN
ajeer-2399	413	14	.	.	PUNCT
ajeer-2399	413	15	levanon	levanon	PROPN
ajeer-2399	413	16	,	,	PUNCT
ajeer-2399	413	17	g.	g.	PROPN
ajeer-2399	413	18	(	(	PUNCT
ajeer-2399	413	19	2010	2010	NUM
ajeer-2399	413	20	)	)	PUNCT
ajeer-2399	413	21	.	.	PUNCT
ajeer-2399	414	1	evaluating	evaluate	VERB
ajeer-2399	414	2	and	and	CCONJ
ajeer-2399	414	3	comparing	compare	VERB
ajeer-2399	414	4	leading	lead	VERB
ajeer-2399	414	5	and	and	CCONJ
ajeer-2399	414	6	coincident	coincident	ADJ
ajeer-2399	414	7	economic	economic	ADJ
ajeer-2399	414	8	indicators	indicator	NOUN
ajeer-2399	414	9	.	.	PUNCT
ajeer-2399	415	1	business	business	NOUN
ajeer-2399	415	2	economics	economic	NOUN
ajeer-2399	415	3	,	,	PUNCT
ajeer-2399	415	4	45(1	45(1	NOUN
ajeer-2399	415	5	)	)	PUNCT
ajeer-2399	415	6	,	,	PUNCT
ajeer-2399	415	7	16-27.available	16-27.available	NUM
ajeer-2399	415	8	at	at	ADP
ajeer-2399	415	9	:	:	PUNCT
ajeer-2399	415	10	https://doi.org/10.1057/be.2009.29	https://doi.org/10.1057/be.2009.29	X
ajeer-2399	415	11	.	.	PUNCT
ajeer-2399	416	1	lindstrom	lindstrom	PROPN
ajeer-2399	416	2	,	,	PUNCT
ajeer-2399	416	3	m.	m.	PROPN
ajeer-2399	416	4	j.	j.	PROPN
ajeer-2399	416	5	,	,	PUNCT
ajeer-2399	416	6	&	&	CCONJ
ajeer-2399	416	7	bates	bates	PROPN
ajeer-2399	416	8	,	,	PUNCT
ajeer-2399	416	9	d.	d.	PROPN
ajeer-2399	416	10	m.	m.	PROPN
ajeer-2399	416	11	(	(	PUNCT
ajeer-2399	416	12	1988	1988	NUM
ajeer-2399	416	13	)	)	PUNCT
ajeer-2399	416	14	.	.	PUNCT
ajeer-2399	417	1	newton	newton	PROPN
ajeer-2399	417	2	—	—	PUNCT
ajeer-2399	417	3	raphson	raphson	NOUN
ajeer-2399	417	4	and	and	CCONJ
ajeer-2399	417	5	em	em	PRON
ajeer-2399	417	6	algorithms	algorithm	VERB
ajeer-2399	417	7	for	for	ADP
ajeer-2399	417	8	linear	linear	ADJ
ajeer-2399	417	9	mixed	mixed	ADJ
ajeer-2399	417	10	-	-	PUNCT
ajeer-2399	417	11	effects	effect	NOUN
ajeer-2399	417	12	models	model	NOUN
ajeer-2399	417	13	for	for	ADP
ajeer-2399	417	14	repeated	repeat	VERB
ajeer-2399	417	15	-	-	PUNCT
ajeer-2399	417	16	measures	measure	NOUN
ajeer-2399	417	17	data	datum	NOUN
ajeer-2399	417	18	.	.	PUNCT
ajeer-2399	418	1	journal	journal	NOUN
ajeer-2399	418	2	of	of	ADP
ajeer-2399	418	3	the	the	DET
ajeer-2399	418	4	american	american	PROPN
ajeer-2399	418	5	statistical	statistical	PROPN
ajeer-2399	418	6	association	association	PROPN
ajeer-2399	418	7	,	,	PUNCT
ajeer-2399	418	8	83(404	83(404	NOUN
ajeer-2399	418	9	)	)	PUNCT
ajeer-2399	418	10	,	,	PUNCT
ajeer-2399	418	11	1014-1022.available	1014-1022.available	ADJ
ajeer-2399	418	12	at	at	ADP
ajeer-2399	418	13	:	:	PUNCT
ajeer-2399	418	14	https://doi.org/10.2307/2290128	https://doi.org/10.2307/2290128	X
ajeer-2399	418	15	mariano	mariano	PROPN
ajeer-2399	418	16	,	,	PUNCT
ajeer-2399	418	17	r.	r.	PROPN
ajeer-2399	418	18	s.	s.	PROPN
ajeer-2399	418	19	,	,	PUNCT
ajeer-2399	418	20	&	&	CCONJ
ajeer-2399	418	21	murasawa	murasawa	PROPN
ajeer-2399	418	22	,	,	PUNCT
ajeer-2399	418	23	y.	y.	PROPN
ajeer-2399	418	24	(	(	PUNCT
ajeer-2399	418	25	2003	2003	NUM
ajeer-2399	418	26	)	)	PUNCT
ajeer-2399	418	27	.	.	PUNCT
ajeer-2399	419	1	a	a	DET
ajeer-2399	419	2	new	new	ADJ
ajeer-2399	419	3	coincident	coincident	ADJ
ajeer-2399	419	4	index	index	NOUN
ajeer-2399	419	5	of	of	ADP
ajeer-2399	419	6	business	business	NOUN
ajeer-2399	419	7	cycles	cycle	NOUN
ajeer-2399	419	8	based	base	VERB
ajeer-2399	419	9	on	on	ADP
ajeer-2399	419	10	monthly	monthly	ADJ
ajeer-2399	419	11	and	and	CCONJ
ajeer-2399	419	12	quarterly	quarterly	ADJ
ajeer-2399	419	13	series	series	NOUN
ajeer-2399	419	14	.	.	PUNCT
ajeer-2399	420	1	journal	journal	PROPN
ajeer-2399	420	2	of	of	ADP
ajeer-2399	420	3	applied	apply	VERB
ajeer-2399	420	4	econometrics	econometric	NOUN
ajeer-2399	420	5	,	,	PUNCT
ajeer-2399	420	6	18(4	18(4	NUM
ajeer-2399	420	7	)	)	PUNCT
ajeer-2399	420	8	,	,	PUNCT
ajeer-2399	420	9	427-443.available	427-443.available	NUM
ajeer-2399	420	10	at	at	ADP
ajeer-2399	420	11	:	:	PUNCT
ajeer-2399	420	12	https://doi.org/10.1002/jae.695	https://doi.org/10.1002/jae.695	PROPN
ajeer-2399	420	13	.	.	PUNCT
ajeer-2399	421	1	mariano	mariano	PROPN
ajeer-2399	421	2	,	,	PUNCT
ajeer-2399	421	3	r.	r.	PROPN
ajeer-2399	421	4	s.	s.	PROPN
ajeer-2399	421	5	,	,	PUNCT
ajeer-2399	421	6	&	&	CCONJ
ajeer-2399	421	7	murasawa	murasawa	PROPN
ajeer-2399	421	8	,	,	PUNCT
ajeer-2399	421	9	y.	y.	PROPN
ajeer-2399	421	10	(	(	PUNCT
ajeer-2399	421	11	2010	2010	NUM
ajeer-2399	421	12	)	)	PUNCT
ajeer-2399	421	13	.	.	PUNCT
ajeer-2399	422	1	a	a	DET
ajeer-2399	422	2	coincident	coincident	ADJ
ajeer-2399	422	3	index	index	NOUN
ajeer-2399	422	4	,	,	PUNCT
ajeer-2399	422	5	common	common	ADJ
ajeer-2399	422	6	factors	factor	NOUN
ajeer-2399	422	7	,	,	PUNCT
ajeer-2399	422	8	and	and	CCONJ
ajeer-2399	422	9	monthly	monthly	ADJ
ajeer-2399	422	10	real	real	ADJ
ajeer-2399	422	11	gdp	gdp	NOUN
ajeer-2399	422	12	.	.	PUNCT
ajeer-2399	423	1	oxford	oxford	PROPN
ajeer-2399	423	2	bulletin	bulletin	NOUN
ajeer-2399	423	3	of	of	ADP
ajeer-2399	423	4	economics	economic	NOUN
ajeer-2399	423	5	and	and	CCONJ
ajeer-2399	423	6	statistics	statistic	NOUN
ajeer-2399	423	7	,	,	PUNCT
ajeer-2399	423	8	72(1	72(1	NOUN
ajeer-2399	423	9	)	)	PUNCT
ajeer-2399	423	10	,	,	PUNCT
ajeer-2399	423	11	27	27	NUM
ajeer-2399	423	12	-	-	SYM
ajeer-2399	423	13	46	46	NUM
ajeer-2399	423	14	.	.	PUNCT
ajeer-2399	424	1	moon	moon	PROPN
ajeer-2399	424	2	,	,	PUNCT
ajeer-2399	424	3	h.	h.	PROPN
ajeer-2399	424	4	r.	r.	PROPN
ajeer-2399	424	5	,	,	PUNCT
ajeer-2399	424	6	&	&	CCONJ
ajeer-2399	424	7	perron	perron	PROPN
ajeer-2399	424	8	,	,	PUNCT
ajeer-2399	424	9	b.	b.	PROPN
ajeer-2399	424	10	(	(	PUNCT
ajeer-2399	424	11	2007	2007	NUM
ajeer-2399	424	12	)	)	PUNCT
ajeer-2399	424	13	.	.	PUNCT
ajeer-2399	425	1	an	an	DET
ajeer-2399	425	2	empirical	empirical	ADJ
ajeer-2399	425	3	analysis	analysis	NOUN
ajeer-2399	425	4	of	of	ADP
ajeer-2399	425	5	nonstationarity	nonstationarity	NOUN
ajeer-2399	425	6	in	in	ADP
ajeer-2399	425	7	a	a	DET
ajeer-2399	425	8	panel	panel	NOUN
ajeer-2399	425	9	of	of	ADP
ajeer-2399	425	10	interest	interest	NOUN
ajeer-2399	425	11	rates	rate	NOUN
ajeer-2399	425	12	with	with	ADP
ajeer-2399	425	13	factors	factor	NOUN
ajeer-2399	425	14	.	.	PUNCT
ajeer-2399	426	1	journal	journal	NOUN
ajeer-2399	426	2	of	of	ADP
ajeer-2399	426	3	applied	applied	ADJ
ajeer-2399	426	4	econometrics	econometric	NOUN
ajeer-2399	426	5	,	,	PUNCT
ajeer-2399	426	6	22(2	22(2	NUM
ajeer-2399	426	7	)	)	PUNCT
ajeer-2399	426	8	,	,	PUNCT
ajeer-2399	426	9	383-400.available	383-400.available	NUM
ajeer-2399	426	10	at	at	ADP
ajeer-2399	426	11	:	:	PUNCT
ajeer-2399	426	12	https://doi.org/10.1002/jae.931	https://doi.org/10.1002/jae.931	PROPN
ajeer-2399	426	13	.	.	PUNCT
ajeer-2399	427	1	munda	munda	PROPN
ajeer-2399	427	2	,	,	PUNCT
ajeer-2399	427	3	g.	g.	PROPN
ajeer-2399	427	4	,	,	PUNCT
ajeer-2399	427	5	&	&	CCONJ
ajeer-2399	427	6	nardo	nardo	PROPN
ajeer-2399	427	7	,	,	PUNCT
ajeer-2399	427	8	m.	m.	NOUN
ajeer-2399	427	9	(	(	PUNCT
ajeer-2399	427	10	2005	2005	NUM
ajeer-2399	427	11	)	)	PUNCT
ajeer-2399	427	12	.	.	PUNCT
ajeer-2399	428	1	constructing	construct	VERB
ajeer-2399	428	2	consistent	consistent	ADJ
ajeer-2399	428	3	composite	composite	ADJ
ajeer-2399	428	4	indicators	indicator	NOUN
ajeer-2399	428	5	:	:	PUNCT
ajeer-2399	428	6	the	the	DET
ajeer-2399	428	7	issue	issue	NOUN
ajeer-2399	428	8	of	of	ADP
ajeer-2399	428	9	weights	weight	NOUN
ajeer-2399	428	10	.	.	PUNCT
ajeer-2399	429	1	ispra	ispra	PROPN
ajeer-2399	429	2	,	,	PUNCT
ajeer-2399	429	3	italy	italy	PROPN
ajeer-2399	429	4	:	:	PUNCT
ajeer-2399	429	5	institute	institute	VERB
ajeer-2399	429	6	for	for	ADP
ajeer-2399	429	7	the	the	DET
ajeer-2399	429	8	protection	protection	NOUN
ajeer-2399	429	9	and	and	CCONJ
ajeer-2399	429	10	security	security	NOUN
ajeer-2399	429	11	of	of	ADP
ajeer-2399	429	12	the	the	DET
ajeer-2399	429	13	citizen	citizen	NOUN
ajeer-2399	429	14	,	,	PUNCT
ajeer-2399	429	15	joint	joint	ADJ
ajeer-2399	429	16	research	research	NOUN
ajeer-2399	429	17	centre	centre	NOUN
ajeer-2399	429	18	.	.	PUNCT
ajeer-2399	430	1	murphy	murphy	PROPN
ajeer-2399	430	2	,	,	PUNCT
ajeer-2399	430	3	k.	k.	PROPN
ajeer-2399	431	1	p.	p.	PROPN
ajeer-2399	431	2	(	(	PUNCT
ajeer-2399	431	3	2012	2012	NUM
ajeer-2399	431	4	)	)	PUNCT
ajeer-2399	431	5	.	.	PUNCT
ajeer-2399	432	1	state	state	NOUN
ajeer-2399	432	2	space	space	NOUN
ajeer-2399	432	3	models	model	NOUN
ajeer-2399	432	4	.	.	PUNCT
ajeer-2399	433	1	in	in	ADP
ajeer-2399	433	2	k.	k.	PROPN
ajeer-2399	433	3	p.	p.	PROPN
ajeer-2399	433	4	murphy	murphy	PROPN
ajeer-2399	433	5	,	,	PUNCT
ajeer-2399	433	6	machine	machine	NOUN
ajeer-2399	433	7	learning	learning	NOUN
ajeer-2399	433	8	:	:	PUNCT
ajeer-2399	433	9	a	a	DET
ajeer-2399	433	10	probabilistic	probabilistic	ADJ
ajeer-2399	433	11	perspective	perspective	NOUN
ajeer-2399	433	12	(	(	PUNCT
ajeer-2399	433	13	vol	vol	NOUN
ajeer-2399	433	14	.	.	PUNCT
ajeer-2399	434	1	the	the	DET
ajeer-2399	434	2	mit	mit	PROPN
ajeer-2399	434	3	press	press	NOUN
ajeer-2399	434	4	,	,	PUNCT
ajeer-2399	434	5	pp	pp	ADJ
ajeer-2399	434	6	.	.	PUNCT
ajeer-2399	434	7	631660	631660	NUM
ajeer-2399	434	8	):	):	PUNCT
ajeer-2399	434	9	cambridge	cambridge	PROPN
ajeer-2399	434	10	.	.	PUNCT
ajeer-2399	434	11	nakata	nakata	PROPN
ajeer-2399	434	12	,	,	PUNCT
ajeer-2399	434	13	t.	t.	PROPN
ajeer-2399	434	14	,	,	PUNCT
ajeer-2399	434	15	&	&	CCONJ
ajeer-2399	434	16	tonetti	tonetti	PROPN
ajeer-2399	434	17	,	,	PUNCT
ajeer-2399	434	18	c.	c.	PROPN
ajeer-2399	434	19	(	(	PUNCT
ajeer-2399	434	20	2010	2010	NUM
ajeer-2399	434	21	)	)	PUNCT
ajeer-2399	434	22	.	.	PUNCT
ajeer-2399	435	1	kalman	kalman	PROPN
ajeer-2399	435	2	filter	filter	PROPN
ajeer-2399	435	3	and	and	CCONJ
ajeer-2399	435	4	kalman	kalman	PROPN
ajeer-2399	435	5	smoother	smoother	PROPN
ajeer-2399	435	6	:	:	PUNCT
ajeer-2399	435	7	new	new	PROPN
ajeer-2399	435	8	york	york	PROPN
ajeer-2399	435	9	university	university	PROPN
ajeer-2399	435	10	.	.	PUNCT
ajeer-2399	436	1	http://www.imf.org/en/publications/cr/issues/2018/12/17/cambodia-2018-article-iv-consultation-press-release-staff-report-staff-statement-and-46478	http://www.imf.org/en/publications/cr/issues/2018/12/17/cambodia-2018-article-iv-consultation-press-release-staff-report-staff-statement-and-46478	PROPN
ajeer-2399	436	2	http://www.imf.org/en/publications/cr/issues/2018/12/17/cambodia-2018-article-iv-consultation-press-release-staff-report-staff-statement-and-46478	http://www.imf.org/en/publications/cr/issues/2018/12/17/cambodia-2018-article-iv-consultation-press-release-staff-report-staff-statement-and-46478	PROPN
ajeer-2399	436	3	asian	asian	PROPN
ajeer-2399	436	4	journal	journal	PROPN
ajeer-2399	436	5	of	of	ADP
ajeer-2399	436	6	economics	economic	NOUN
ajeer-2399	436	7	and	and	CCONJ
ajeer-2399	436	8	empirical	empirical	ADJ
ajeer-2399	436	9	research	research	NOUN
ajeer-2399	436	10	,	,	PUNCT
ajeer-2399	436	11	2020	2020	NUM
ajeer-2399	436	12	,	,	PUNCT
ajeer-2399	436	13	7(2	7(2	NUM
ajeer-2399	436	14	):	):	PUNCT
ajeer-2399	436	15	268	268	NUM
ajeer-2399	436	16	-	-	SYM
ajeer-2399	436	17	281	281	NUM
ajeer-2399	436	18	276	276	NUM
ajeer-2399	436	19	©	©	ADP
ajeer-2399	436	20	2020	2020	NUM
ajeer-2399	436	21	by	by	ADP
ajeer-2399	436	22	the	the	DET
ajeer-2399	436	23	authors	author	NOUN
ajeer-2399	436	24	;	;	PUNCT
ajeer-2399	436	25	licensee	licensee	PROPN
ajeer-2399	436	26	asian	asian	ADJ
ajeer-2399	436	27	online	online	PROPN
ajeer-2399	436	28	journal	journal	PROPN
ajeer-2399	436	29	publishing	publishing	PROPN
ajeer-2399	436	30	group	group	PROPN
ajeer-2399	436	31	nilsson	nilsson	PROPN
ajeer-2399	436	32	,	,	PUNCT
ajeer-2399	436	33	r.	r.	PROPN
ajeer-2399	436	34	,	,	PUNCT
ajeer-2399	436	35	&	&	CCONJ
ajeer-2399	436	36	brunet	brunet	PROPN
ajeer-2399	436	37	,	,	PUNCT
ajeer-2399	436	38	o.	o.	PROPN
ajeer-2399	436	39	(	(	PUNCT
ajeer-2399	436	40	2006	2006	NUM
ajeer-2399	436	41	)	)	PUNCT
ajeer-2399	436	42	.	.	PUNCT
ajeer-2399	437	1	composite	composite	ADJ
ajeer-2399	437	2	leading	lead	VERB
ajeer-2399	437	3	indicators	indicator	NOUN
ajeer-2399	437	4	for	for	ADP
ajeer-2399	437	5	major	major	ADJ
ajeer-2399	437	6	oecd	oecd	PROPN
ajeer-2399	437	7	non	non	ADJ
ajeer-2399	437	8	-	-	ADJ
ajeer-2399	437	9	member	member	ADJ
ajeer-2399	437	10	economies	economy	NOUN
ajeer-2399	437	11	:	:	PUNCT
ajeer-2399	437	12	brazil	brazil	PROPN
ajeer-2399	437	13	,	,	PUNCT
ajeer-2399	437	14	china	china	PROPN
ajeer-2399	437	15	,	,	PUNCT
ajeer-2399	437	16	india	india	PROPN
ajeer-2399	437	17	,	,	PUNCT
ajeer-2399	437	18	indonesia	indonesia	PROPN
ajeer-2399	437	19	,	,	PUNCT
ajeer-2399	437	20	russian	russian	PROPN
ajeer-2399	437	21	federation	federation	PROPN
ajeer-2399	437	22	,	,	PUNCT
ajeer-2399	437	23	south	south	PROPN
ajeer-2399	437	24	africa	africa	PROPN
ajeer-2399	437	25	.	.	PUNCT
ajeer-2399	438	1	oecd	oecd	PROPN
ajeer-2399	438	2	.	.	PUNCT
ajeer-2399	439	1	oecd	oecd	PROPN
ajeer-2399	439	2	statistics	statistic	NOUN
ajeer-2399	439	3	working	work	VERB
ajeer-2399	439	4	papers	paper	NOUN
ajeer-2399	439	5	.	.	PUNCT
ajeer-2399	440	1	retrieved	retrieve	VERB
ajeer-2399	440	2	from	from	ADP
ajeer-2399	440	3	:	:	PUNCT
ajeer-2399	440	4	http://dx.doi.org/10.1787/834716666802	http://dx.doi.org/10.1787/834716666802	PROPN
ajeer-2399	440	5	.	.	PUNCT
ajeer-2399	441	1	oecd	oecd	PROPN
ajeer-2399	441	2	.	.	PUNCT
ajeer-2399	442	1	(	(	PUNCT
ajeer-2399	442	2	2010	2010	NUM
ajeer-2399	442	3	)	)	PUNCT
ajeer-2399	442	4	.	.	PUNCT
ajeer-2399	443	1	asian	asian	ADJ
ajeer-2399	443	2	business	business	NOUN
ajeer-2399	443	3	cycles	cycle	NOUN
ajeer-2399	443	4	quarterly	quarterly	ADV
ajeer-2399	443	5	.	.	PUNCT
ajeer-2399	444	1	retrieved	retrieve	VERB
ajeer-2399	444	2	from	from	ADP
ajeer-2399	444	3	:	:	PUNCT
ajeer-2399	444	4	http://www.oecd.org/dev/asia-pacific/45623832.pdf	http://www.oecd.org/dev/asia-pacific/45623832.pdf	PROPN
ajeer-2399	444	5	.	.	NOUN
ajeer-2399	444	6	1	1	NUM
ajeer-2399	444	7	-	-	SYM
ajeer-2399	444	8	5	5	NUM
ajeer-2399	444	9	.	.	PUNCT
ajeer-2399	445	1	pan	pan	PROPN
ajeer-2399	445	2	,	,	PUNCT
ajeer-2399	445	3	y.	y.	PROPN
ajeer-2399	445	4	(	(	PUNCT
ajeer-2399	445	5	2003	2003	NUM
ajeer-2399	445	6	)	)	PUNCT
ajeer-2399	445	7	.	.	PUNCT
ajeer-2399	446	1	the	the	DET
ajeer-2399	446	2	inflow	inflow	NOUN
ajeer-2399	446	3	of	of	ADP
ajeer-2399	446	4	foreign	foreign	ADJ
ajeer-2399	446	5	direct	direct	ADJ
ajeer-2399	446	6	investment	investment	NOUN
ajeer-2399	446	7	to	to	ADP
ajeer-2399	446	8	china	china	PROPN
ajeer-2399	446	9	:	:	PUNCT
ajeer-2399	446	10	the	the	DET
ajeer-2399	446	11	impact	impact	NOUN
ajeer-2399	446	12	of	of	ADP
ajeer-2399	446	13	country	country	NOUN
ajeer-2399	446	14	-	-	PUNCT
ajeer-2399	446	15	specific	specific	ADJ
ajeer-2399	446	16	factors	factor	NOUN
ajeer-2399	446	17	.	.	PUNCT
ajeer-2399	447	1	journal	journal	NOUN
ajeer-2399	447	2	of	of	ADP
ajeer-2399	447	3	business	business	NOUN
ajeer-2399	447	4	research	research	NOUN
ajeer-2399	447	5	,	,	PUNCT
ajeer-2399	447	6	56(10	56(10	NUM
ajeer-2399	447	7	)	)	PUNCT
ajeer-2399	447	8	,	,	PUNCT
ajeer-2399	447	9	829	829	NUM
ajeer-2399	447	10	-	-	SYM
ajeer-2399	447	11	833	833	NUM
ajeer-2399	447	12	.	.	PUNCT
ajeer-2399	448	1	peña	peña	PROPN
ajeer-2399	448	2	,	,	PUNCT
ajeer-2399	448	3	d.	d.	PROPN
ajeer-2399	448	4	,	,	PUNCT
ajeer-2399	448	5	&	&	CCONJ
ajeer-2399	448	6	poncela	poncela	PROPN
ajeer-2399	448	7	,	,	PUNCT
ajeer-2399	448	8	p.	p.	NOUN
ajeer-2399	448	9	(	(	PUNCT
ajeer-2399	448	10	2004	2004	NUM
ajeer-2399	448	11	)	)	PUNCT
ajeer-2399	448	12	.	.	PUNCT
ajeer-2399	449	1	forecasting	forecast	VERB
ajeer-2399	449	2	with	with	ADP
ajeer-2399	449	3	nonstationary	nonstationary	ADJ
ajeer-2399	449	4	dynamic	dynamic	ADJ
ajeer-2399	449	5	factor	factor	NOUN
ajeer-2399	449	6	models	model	NOUN
ajeer-2399	449	7	.	.	PUNCT
ajeer-2399	450	1	journal	journal	NOUN
ajeer-2399	450	2	of	of	ADP
ajeer-2399	450	3	econometrics	econometric	NOUN
ajeer-2399	450	4	,	,	PUNCT
ajeer-2399	450	5	119(2	119(2	NUM
ajeer-2399	450	6	)	)	PUNCT
ajeer-2399	450	7	,	,	PUNCT
ajeer-2399	450	8	291	291	NUM
ajeer-2399	450	9	-	-	SYM
ajeer-2399	450	10	321	321	NUM
ajeer-2399	450	11	.	.	PUNCT
ajeer-2399	451	1	pesaran	pesaran	VERB
ajeer-2399	451	2	,	,	PUNCT
ajeer-2399	451	3	m.	m.	PROPN
ajeer-2399	451	4	h.	h.	PROPN
ajeer-2399	451	5	,	,	PUNCT
ajeer-2399	451	6	&	&	CCONJ
ajeer-2399	451	7	shin	shin	PROPN
ajeer-2399	451	8	,	,	PUNCT
ajeer-2399	451	9	y.	y.	PROPN
ajeer-2399	451	10	(	(	PUNCT
ajeer-2399	451	11	1998	1998	NUM
ajeer-2399	451	12	)	)	PUNCT
ajeer-2399	451	13	.	.	PUNCT
ajeer-2399	452	1	an	an	DET
ajeer-2399	452	2	autoregressive	autoregressive	ADJ
ajeer-2399	452	3	distributed	distribute	VERB
ajeer-2399	452	4	-	-	PUNCT
ajeer-2399	452	5	lag	lag	NOUN
ajeer-2399	452	6	modelling	modelling	NOUN
ajeer-2399	452	7	approach	approach	NOUN
ajeer-2399	452	8	to	to	ADP
ajeer-2399	452	9	cointegration	cointegration	NOUN
ajeer-2399	452	10	analysis	analysis	NOUN
ajeer-2399	452	11	.	.	PUNCT
ajeer-2399	453	1	in	in	ADP
ajeer-2399	453	2	s.	s.	PROPN
ajeer-2399	453	3	strom	strom	PROPN
ajeer-2399	453	4	(	(	PUNCT
ajeer-2399	453	5	ed	ed	NOUN
ajeer-2399	453	6	.	.	PUNCT
ajeer-2399	453	7	)	)	PUNCT
ajeer-2399	453	8	,	,	PUNCT
ajeer-2399	453	9	econometrics	econometrics	NOUN
ajeer-2399	453	10	and	and	CCONJ
ajeer-2399	453	11	economic	economic	ADJ
ajeer-2399	453	12	theory	theory	NOUN
ajeer-2399	453	13	in	in	ADP
ajeer-2399	453	14	the	the	DET
ajeer-2399	453	15	20th	20th	ADJ
ajeer-2399	453	16	century	century	NOUN
ajeer-2399	453	17	(	(	PUNCT
ajeer-2399	453	18	pp	pp	ADJ
ajeer-2399	453	19	.	.	PUNCT
ajeer-2399	453	20	371	371	NUM
ajeer-2399	453	21	-	-	SYM
ajeer-2399	453	22	413	413	NUM
ajeer-2399	453	23	)	)	PUNCT
ajeer-2399	453	24	.	.	PUNCT
ajeer-2399	454	1	cambridge	cambridge	PROPN
ajeer-2399	454	2	:	:	PUNCT
ajeer-2399	454	3	cambridge	cambridge	PROPN
ajeer-2399	454	4	university	university	PROPN
ajeer-2399	454	5	press	press	NOUN
ajeer-2399	454	6	.	.	PUNCT
ajeer-2399	455	1	poncela	poncela	PROPN
ajeer-2399	455	2	,	,	PUNCT
ajeer-2399	455	3	p.	p.	PROPN
ajeer-2399	455	4	,	,	PUNCT
ajeer-2399	455	5	&	&	CCONJ
ajeer-2399	455	6	ruiz	ruiz	PROPN
ajeer-2399	455	7	,	,	PUNCT
ajeer-2399	455	8	e.	e.	PROPN
ajeer-2399	455	9	(	(	PUNCT
ajeer-2399	455	10	2012	2012	NUM
ajeer-2399	455	11	)	)	PUNCT
ajeer-2399	455	12	.	.	PUNCT
ajeer-2399	456	1	more	more	ADJ
ajeer-2399	456	2	is	be	AUX
ajeer-2399	456	3	not	not	PART
ajeer-2399	456	4	always	always	ADV
ajeer-2399	456	5	better	well	ADJ
ajeer-2399	456	6	:	:	PUNCT
ajeer-2399	456	7	back	back	ADV
ajeer-2399	456	8	to	to	ADP
ajeer-2399	456	9	the	the	DET
ajeer-2399	456	10	kalman	kalman	NOUN
ajeer-2399	456	11	filter	filter	NOUN
ajeer-2399	456	12	in	in	ADP
ajeer-2399	456	13	dynamic	dynamic	ADJ
ajeer-2399	456	14	factor	factor	NOUN
ajeer-2399	456	15	models	model	NOUN
ajeer-2399	456	16	.	.	PUNCT
ajeer-2399	457	1	universidad	universidad	PROPN
ajeer-2399	457	2	carlos	carlos	PROPN
ajeer-2399	457	3	iii	iii	PROPN
ajeer-2399	457	4	de	de	PROPN
ajeer-2399	457	5	madrid	madrid	PROPN
ajeer-2399	457	6	.	.	PUNCT
ajeer-2399	458	1	madrid	madrid	PROPN
ajeer-2399	458	2	:	:	PUNCT
ajeer-2399	459	1	uc3	uc3	PROPN
ajeer-2399	459	2	m	m	VERB
ajeer-2399	459	3	working	working	NOUN
ajeer-2399	459	4	paper	paper	NOUN
ajeer-2399	459	5	.	.	PUNCT
ajeer-2399	460	1	rodríguez	rodríguez	NOUN
ajeer-2399	460	2	,	,	PUNCT
ajeer-2399	460	3	a.	a.	PROPN
ajeer-2399	460	4	,	,	PUNCT
ajeer-2399	460	5	&	&	CCONJ
ajeer-2399	460	6	ruiz	ruiz	PROPN
ajeer-2399	460	7	,	,	PUNCT
ajeer-2399	460	8	e.	e.	PROPN
ajeer-2399	460	9	(	(	PUNCT
ajeer-2399	460	10	2012	2012	NUM
ajeer-2399	460	11	)	)	PUNCT
ajeer-2399	460	12	.	.	PUNCT
ajeer-2399	461	1	bootstrap	bootstrap	NOUN
ajeer-2399	461	2	prediction	prediction	NOUN
ajeer-2399	461	3	mean	mean	VERB
ajeer-2399	461	4	squared	square	VERB
ajeer-2399	461	5	errors	error	NOUN
ajeer-2399	461	6	of	of	ADP
ajeer-2399	461	7	unobserved	unobserved	ADJ
ajeer-2399	461	8	states	state	NOUN
ajeer-2399	461	9	based	base	VERB
ajeer-2399	461	10	on	on	ADP
ajeer-2399	461	11	the	the	DET
ajeer-2399	461	12	kalman	kalman	PROPN
ajeer-2399	461	13	filter	filter	NOUN
ajeer-2399	461	14	with	with	ADP
ajeer-2399	461	15	estimated	estimate	VERB
ajeer-2399	461	16	parameters	parameter	NOUN
ajeer-2399	461	17	.	.	PUNCT
ajeer-2399	462	1	computational	computational	ADJ
ajeer-2399	462	2	statistics	statistic	NOUN
ajeer-2399	462	3	&	&	CCONJ
ajeer-2399	462	4	data	datum	NOUN
ajeer-2399	462	5	analysis	analysis	NOUN
ajeer-2399	462	6	,	,	PUNCT
ajeer-2399	462	7	56(1	56(1	NUM
ajeer-2399	462	8	)	)	PUNCT
ajeer-2399	462	9	,	,	PUNCT
ajeer-2399	462	10	62-74.available	62-74.available	ADJ
ajeer-2399	462	11	at	at	ADP
ajeer-2399	462	12	:	:	PUNCT
ajeer-2399	462	13	https://doi.org/10.1016/j.csda.2011.07.010	https://doi.org/10.1016/j.csda.2011.07.010	PROPN
ajeer-2399	462	14	.	.	PUNCT
ajeer-2399	462	15	roy	roy	PROPN
ajeer-2399	462	16	,	,	PUNCT
ajeer-2399	462	17	s.	s.	PROPN
ajeer-2399	462	18	,	,	PUNCT
ajeer-2399	462	19	&	&	CCONJ
ajeer-2399	462	20	mandal	mandal	PROPN
ajeer-2399	462	21	,	,	PUNCT
ajeer-2399	462	22	k.	k.	PROPN
ajeer-2399	462	23	k.	k.	PROPN
ajeer-2399	462	24	(	(	PUNCT
ajeer-2399	462	25	2012	2012	NUM
ajeer-2399	462	26	)	)	PUNCT
ajeer-2399	462	27	.	.	PUNCT
ajeer-2399	463	1	foreign	foreign	ADJ
ajeer-2399	463	2	direct	direct	ADJ
ajeer-2399	463	3	investment	investment	NOUN
ajeer-2399	463	4	and	and	CCONJ
ajeer-2399	463	5	economic	economic	ADJ
ajeer-2399	463	6	growth	growth	NOUN
ajeer-2399	463	7	:	:	PUNCT
ajeer-2399	463	8	an	an	DET
ajeer-2399	463	9	analysis	analysis	NOUN
ajeer-2399	463	10	for	for	ADP
ajeer-2399	463	11	selected	select	VERB
ajeer-2399	463	12	asian	asian	ADJ
ajeer-2399	463	13	countries	country	NOUN
ajeer-2399	463	14	.	.	PUNCT
ajeer-2399	464	1	journal	journal	PROPN
ajeer-2399	464	2	of	of	ADP
ajeer-2399	464	3	business	business	NOUN
ajeer-2399	464	4	studies	study	NOUN
ajeer-2399	464	5	quarterly	quarterly	ADV
ajeer-2399	464	6	,	,	PUNCT
ajeer-2399	464	7	4(1	4(1	NOUN
ajeer-2399	464	8	)	)	PUNCT
ajeer-2399	464	9	,	,	PUNCT
ajeer-2399	464	10	15	15	NUM
ajeer-2399	464	11	-	-	SYM
ajeer-2399	464	12	24	24	NUM
ajeer-2399	464	13	.	.	PUNCT
ajeer-2399	464	14	rua	rua	PROPN
ajeer-2399	464	15	,	,	PUNCT
ajeer-2399	464	16	a.	a.	PROPN
ajeer-2399	464	17	,	,	PUNCT
ajeer-2399	464	18	&	&	CCONJ
ajeer-2399	464	19	nunes	nunes	PROPN
ajeer-2399	464	20	,	,	PUNCT
ajeer-2399	464	21	l.	l.	PROPN
ajeer-2399	464	22	c.	c.	PROPN
ajeer-2399	464	23	(	(	PUNCT
ajeer-2399	464	24	2005	2005	NUM
ajeer-2399	464	25	)	)	PUNCT
ajeer-2399	464	26	.	.	PUNCT
ajeer-2399	465	1	coincident	coincident	ADJ
ajeer-2399	465	2	and	and	CCONJ
ajeer-2399	465	3	leading	leading	ADJ
ajeer-2399	465	4	indicators	indicator	NOUN
ajeer-2399	465	5	for	for	ADP
ajeer-2399	465	6	the	the	DET
ajeer-2399	465	7	euro	euro	PROPN
ajeer-2399	465	8	area	area	NOUN
ajeer-2399	465	9	:	:	PUNCT
ajeer-2399	465	10	a	a	DET
ajeer-2399	465	11	frequency	frequency	NOUN
ajeer-2399	465	12	band	band	NOUN
ajeer-2399	465	13	approach	approach	NOUN
ajeer-2399	465	14	.	.	PUNCT
ajeer-2399	466	1	international	international	ADJ
ajeer-2399	466	2	journal	journal	PROPN
ajeer-2399	466	3	of	of	ADP
ajeer-2399	466	4	forecasting	forecasting	NOUN
ajeer-2399	466	5	,	,	PUNCT
ajeer-2399	466	6	21(3	21(3	NUM
ajeer-2399	466	7	)	)	PUNCT
ajeer-2399	466	8	,	,	PUNCT
ajeer-2399	466	9	503-523.available	503-523.available	NUM
ajeer-2399	466	10	at	at	ADP
ajeer-2399	466	11	:	:	PUNCT
ajeer-2399	466	12	https://doi.org/10.1016/j.ijforecast.2005.02.001	https://doi.org/10.1016/j.ijforecast.2005.02.001	NOUN
ajeer-2399	466	13	.	.	PUNCT
ajeer-2399	467	1	shumway	shumway	PROPN
ajeer-2399	467	2	,	,	PUNCT
ajeer-2399	467	3	r.	r.	PROPN
ajeer-2399	467	4	h.	h.	PROPN
ajeer-2399	467	5	,	,	PUNCT
ajeer-2399	467	6	&	&	CCONJ
ajeer-2399	467	7	stoffer	stoffer	PROPN
ajeer-2399	467	8	,	,	PUNCT
ajeer-2399	467	9	d.	d.	PROPN
ajeer-2399	467	10	s.	s.	PROPN
ajeer-2399	467	11	(	(	PUNCT
ajeer-2399	467	12	2017b	2017b	NUM
ajeer-2399	467	13	)	)	PUNCT
ajeer-2399	467	14	.	.	PUNCT
ajeer-2399	468	1	state	state	NOUN
ajeer-2399	468	2	space	space	NOUN
ajeer-2399	468	3	models	model	NOUN
ajeer-2399	468	4	.	.	PUNCT
ajeer-2399	469	1	in	in	ADP
ajeer-2399	469	2	time	time	NOUN
ajeer-2399	469	3	series	series	NOUN
ajeer-2399	469	4	analysis	analysis	NOUN
ajeer-2399	469	5	and	and	CCONJ
ajeer-2399	469	6	its	its	PRON
ajeer-2399	469	7	applications	application	NOUN
ajeer-2399	469	8	:	:	PUNCT
ajeer-2399	469	9	with	with	ADP
ajeer-2399	469	10	r	r	NOUN
ajeer-2399	469	11	examples	example	NOUN
ajeer-2399	469	12	(	(	PUNCT
ajeer-2399	469	13	4th	4th	ADJ
ajeer-2399	469	14	ed	ed	NOUN
ajeer-2399	469	15	.	.	PROPN
ajeer-2399	469	16	,	,	PUNCT
ajeer-2399	469	17	pp	pp	PROPN
ajeer-2399	469	18	.	.	PUNCT
ajeer-2399	469	19	324411	324411	NUM
ajeer-2399	469	20	)	)	PUNCT
ajeer-2399	469	21	.	.	PUNCT
ajeer-2399	470	1	new	new	PROPN
ajeer-2399	470	2	york	york	PROPN
ajeer-2399	470	3	:	:	PUNCT
ajeer-2399	470	4	springer	springer	NOUN
ajeer-2399	470	5	.	.	PUNCT
ajeer-2399	471	1	smeekes	smeekes	PROPN
ajeer-2399	471	2	,	,	PUNCT
ajeer-2399	471	3	s.	s.	PROPN
ajeer-2399	471	4	,	,	PUNCT
ajeer-2399	471	5	&	&	CCONJ
ajeer-2399	471	6	wijler	wijler	PROPN
ajeer-2399	471	7	,	,	PUNCT
ajeer-2399	471	8	e.	e.	PROPN
ajeer-2399	471	9	(	(	PUNCT
ajeer-2399	471	10	2019	2019	NUM
ajeer-2399	471	11	)	)	PUNCT
ajeer-2399	471	12	.	.	PUNCT
ajeer-2399	472	1	high	high	ADJ
ajeer-2399	472	2	-	-	PUNCT
ajeer-2399	472	3	dimensional	dimensional	ADJ
ajeer-2399	472	4	forecasting	forecasting	NOUN
ajeer-2399	472	5	in	in	ADP
ajeer-2399	472	6	the	the	DET
ajeer-2399	472	7	presence	presence	NOUN
ajeer-2399	472	8	of	of	ADP
ajeer-2399	472	9	unit	unit	NOUN
ajeer-2399	472	10	roots	root	NOUN
ajeer-2399	472	11	and	and	CCONJ
ajeer-2399	472	12	cointegration	cointegration	NOUN
ajeer-2399	472	13	.	.	PUNCT
ajeer-2399	473	1	maastricht	maastricht	PROPN
ajeer-2399	473	2	university	university	PROPN
ajeer-2399	473	3	,	,	PUNCT
ajeer-2399	473	4	department	department	NOUN
ajeer-2399	473	5	of	of	ADP
ajeer-2399	473	6	quantitative	quantitative	ADJ
ajeer-2399	473	7	economics	economic	NOUN
ajeer-2399	473	8	working	working	NOUN
ajeer-2399	473	9	paper	paper	NOUN
ajeer-2399	473	10	.	.	PUNCT
ajeer-2399	474	1	srinivasan	srinivasan	NOUN
ajeer-2399	474	2	,	,	PUNCT
ajeer-2399	474	3	p.	p.	PROPN
ajeer-2399	474	4	,	,	PUNCT
ajeer-2399	474	5	kalaivani	kalaivani	PROPN
ajeer-2399	474	6	,	,	PUNCT
ajeer-2399	474	7	m.	m.	NOUN
ajeer-2399	474	8	,	,	PUNCT
ajeer-2399	474	9	&	&	CCONJ
ajeer-2399	474	10	ibrahim	ibrahim	PROPN
ajeer-2399	474	11	,	,	PUNCT
ajeer-2399	474	12	p.	p.	NOUN
ajeer-2399	474	13	(	(	PUNCT
ajeer-2399	474	14	2010	2010	NUM
ajeer-2399	474	15	)	)	PUNCT
ajeer-2399	474	16	.	.	PUNCT
ajeer-2399	475	1	fdi	fdi	NOUN
ajeer-2399	475	2	and	and	CCONJ
ajeer-2399	475	3	economic	economic	ADJ
ajeer-2399	475	4	growth	growth	NOUN
ajeer-2399	475	5	in	in	ADP
ajeer-2399	475	6	the	the	DET
ajeer-2399	475	7	asean	asean	ADJ
ajeer-2399	475	8	countries	country	NOUN
ajeer-2399	475	9	:	:	PUNCT
ajeer-2399	475	10	evidence	evidence	NOUN
ajeer-2399	475	11	from	from	ADP
ajeer-2399	475	12	cointegration	cointegration	NOUN
ajeer-2399	475	13	approach	approach	NOUN
ajeer-2399	475	14	and	and	CCONJ
ajeer-2399	475	15	causality	causality	NOUN
ajeer-2399	475	16	test	test	NOUN
ajeer-2399	475	17	.	.	PUNCT
ajeer-2399	476	1	iup	iup	PROPN
ajeer-2399	476	2	journal	journal	PROPN
ajeer-2399	476	3	of	of	ADP
ajeer-2399	476	4	management	management	NOUN
ajeer-2399	476	5	research	research	NOUN
ajeer-2399	476	6	,	,	PUNCT
ajeer-2399	476	7	9(1	9(1	NUM
ajeer-2399	476	8	)	)	PUNCT
ajeer-2399	476	9	,	,	PUNCT
ajeer-2399	476	10	38	38	NUM
ajeer-2399	476	11	-	-	SYM
ajeer-2399	476	12	63	63	NUM
ajeer-2399	476	13	.	.	PUNCT
ajeer-2399	477	1	stock	stock	NOUN
ajeer-2399	477	2	,	,	PUNCT
ajeer-2399	477	3	j.	j.	PROPN
ajeer-2399	477	4	h.	h.	PROPN
ajeer-2399	477	5	(	(	PUNCT
ajeer-2399	477	6	1987	1987	NUM
ajeer-2399	477	7	)	)	PUNCT
ajeer-2399	477	8	.	.	PUNCT
ajeer-2399	478	1	asymptotic	asymptotic	ADJ
ajeer-2399	478	2	properties	property	NOUN
ajeer-2399	478	3	of	of	ADP
ajeer-2399	478	4	least	least	ADJ
ajeer-2399	478	5	squares	square	NOUN
ajeer-2399	478	6	estimators	estimator	NOUN
ajeer-2399	478	7	of	of	ADP
ajeer-2399	478	8	cointegrating	cointegrate	VERB
ajeer-2399	478	9	vectors	vector	NOUN
ajeer-2399	478	10	.	.	PUNCT
ajeer-2399	479	1	econometrica	econometrica	PROPN
ajeer-2399	479	2	:	:	PUNCT
ajeer-2399	479	3	journal	journal	NOUN
ajeer-2399	479	4	of	of	ADP
ajeer-2399	479	5	the	the	DET
ajeer-2399	479	6	econometric	econometric	ADJ
ajeer-2399	479	7	society	society	NOUN
ajeer-2399	479	8	,	,	PUNCT
ajeer-2399	479	9	55(5	55(5	NUM
ajeer-2399	479	10	)	)	PUNCT
ajeer-2399	479	11	,	,	PUNCT
ajeer-2399	479	12	1035	1035	NUM
ajeer-2399	479	13	-	-	SYM
ajeer-2399	479	14	1056	1056	NUM
ajeer-2399	479	15	.	.	PUNCT
ajeer-2399	480	1	stock	stock	NOUN
ajeer-2399	480	2	,	,	PUNCT
ajeer-2399	480	3	j.	j.	PROPN
ajeer-2399	480	4	h.	h.	PROPN
ajeer-2399	480	5	,	,	PUNCT
ajeer-2399	480	6	&	&	CCONJ
ajeer-2399	480	7	watson	watson	PROPN
ajeer-2399	480	8	,	,	PUNCT
ajeer-2399	480	9	m.	m.	PROPN
ajeer-2399	480	10	w.	w.	PROPN
ajeer-2399	480	11	(	(	PUNCT
ajeer-2399	480	12	1989	1989	NUM
ajeer-2399	480	13	)	)	PUNCT
ajeer-2399	480	14	.	.	PUNCT
ajeer-2399	481	1	new	new	ADJ
ajeer-2399	481	2	indexes	index	NOUN
ajeer-2399	481	3	of	of	ADP
ajeer-2399	481	4	coincident	coincident	NOUN
ajeer-2399	481	5	and	and	CCONJ
ajeer-2399	481	6	leading	lead	VERB
ajeer-2399	481	7	economic	economic	ADJ
ajeer-2399	481	8	indicators	indicator	NOUN
ajeer-2399	481	9	.	.	PUNCT
ajeer-2399	482	1	nber	nber	PROPN
ajeer-2399	482	2	macroeconomics	macroeconomics	PROPN
ajeer-2399	482	3	annual	annual	ADJ
ajeer-2399	482	4	(	(	PUNCT
ajeer-2399	482	5	vol	vol	NOUN
ajeer-2399	482	6	.	.	NOUN
ajeer-2399	482	7	4	4	NUM
ajeer-2399	482	8	)	)	PUNCT
ajeer-2399	482	9	.	.	PUNCT
ajeer-2399	483	1	cambridge	cambridge	PROPN
ajeer-2399	483	2	:	:	PUNCT
ajeer-2399	483	3	mit	mit	PROPN
ajeer-2399	483	4	press	press	NOUN
ajeer-2399	483	5	.	.	PUNCT
ajeer-2399	484	1	stock	stock	NOUN
ajeer-2399	484	2	,	,	PUNCT
ajeer-2399	484	3	j.	j.	PROPN
ajeer-2399	484	4	h.	h.	PROPN
ajeer-2399	484	5	,	,	PUNCT
ajeer-2399	484	6	&	&	CCONJ
ajeer-2399	484	7	watson	watson	PROPN
ajeer-2399	484	8	,	,	PUNCT
ajeer-2399	484	9	m.	m.	PROPN
ajeer-2399	484	10	w.	w.	PROPN
ajeer-2399	484	11	(	(	PUNCT
ajeer-2399	484	12	2002	2002	NUM
ajeer-2399	484	13	)	)	PUNCT
ajeer-2399	484	14	.	.	PUNCT
ajeer-2399	485	1	forecasting	forecasting	NOUN
ajeer-2399	485	2	using	use	VERB
ajeer-2399	485	3	principal	principal	ADJ
ajeer-2399	485	4	components	component	NOUN
ajeer-2399	485	5	from	from	ADP
ajeer-2399	485	6	a	a	DET
ajeer-2399	485	7	large	large	ADJ
ajeer-2399	485	8	number	number	NOUN
ajeer-2399	485	9	of	of	ADP
ajeer-2399	485	10	predictors	predictor	NOUN
ajeer-2399	485	11	.	.	PUNCT
ajeer-2399	486	1	journal	journal	NOUN
ajeer-2399	486	2	of	of	ADP
ajeer-2399	486	3	the	the	DET
ajeer-2399	486	4	american	american	PROPN
ajeer-2399	486	5	statistical	statistical	PROPN
ajeer-2399	486	6	association	association	NOUN
ajeer-2399	486	7	,	,	PUNCT
ajeer-2399	486	8	97(460	97(460	NUM
ajeer-2399	486	9	)	)	PUNCT
ajeer-2399	486	10	,	,	PUNCT
ajeer-2399	486	11	1167	1167	NUM
ajeer-2399	486	12	-	-	SYM
ajeer-2399	486	13	1179	1179	NUM
ajeer-2399	486	14	.	.	PUNCT
ajeer-2399	487	1	stock	stock	NOUN
ajeer-2399	487	2	,	,	PUNCT
ajeer-2399	487	3	j.	j.	PROPN
ajeer-2399	487	4	h.	h.	PROPN
ajeer-2399	487	5	,	,	PUNCT
ajeer-2399	487	6	&	&	CCONJ
ajeer-2399	487	7	watson	watson	PROPN
ajeer-2399	487	8	,	,	PUNCT
ajeer-2399	487	9	m.	m.	NOUN
ajeer-2399	487	10	(	(	PUNCT
ajeer-2399	487	11	2011	2011	NUM
ajeer-2399	487	12	)	)	PUNCT
ajeer-2399	487	13	.	.	PUNCT
ajeer-2399	488	1	dynamic	dynamic	ADJ
ajeer-2399	488	2	factor	factor	NOUN
ajeer-2399	488	3	models	model	NOUN
ajeer-2399	488	4	.	.	PUNCT
ajeer-2399	489	1	in	in	ADP
ajeer-2399	489	2	m.	m.	PROPN
ajeer-2399	489	3	p.	p.	PROPN
ajeer-2399	489	4	clements	clements	PROPN
ajeer-2399	489	5	,	,	PUNCT
ajeer-2399	489	6	&	&	CCONJ
ajeer-2399	489	7	d.	d.	PROPN
ajeer-2399	489	8	f.	f.	PROPN
ajeer-2399	489	9	hendry	hendry	PROPN
ajeer-2399	489	10	(	(	PUNCT
ajeer-2399	489	11	eds	eds	PROPN
ajeer-2399	489	12	.	.	PUNCT
ajeer-2399	489	13	)	)	PUNCT
ajeer-2399	489	14	,	,	PUNCT
ajeer-2399	489	15	oxford	oxford	PROPN
ajeer-2399	489	16	handbook	handbook	NOUN
ajeer-2399	489	17	on	on	ADP
ajeer-2399	489	18	economic	economic	ADJ
ajeer-2399	489	19	forecasting	forecasting	NOUN
ajeer-2399	489	20	.	.	PUNCT
ajeer-2399	490	1	oxford	oxford	NOUN
ajeer-2399	490	2	:	:	PUNCT
ajeer-2399	490	3	oxford	oxford	PROPN
ajeer-2399	490	4	university	university	PROPN
ajeer-2399	490	5	press	press	NOUN
ajeer-2399	490	6	.	.	PUNCT
ajeer-2399	491	1	tsay	tsay	PROPN
ajeer-2399	491	2	,	,	PUNCT
ajeer-2399	491	3	r.	r.	PROPN
ajeer-2399	491	4	s.	s.	PROPN
ajeer-2399	491	5	(	(	PUNCT
ajeer-2399	491	6	1984	1984	NUM
ajeer-2399	491	7	)	)	PUNCT
ajeer-2399	491	8	.	.	PUNCT
ajeer-2399	492	1	order	order	NOUN
ajeer-2399	492	2	selection	selection	NOUN
ajeer-2399	492	3	in	in	ADP
ajeer-2399	492	4	nonstationary	nonstationary	ADJ
ajeer-2399	492	5	autoregressive	autoregressive	ADJ
ajeer-2399	492	6	models	model	NOUN
ajeer-2399	492	7	.	.	PUNCT
ajeer-2399	493	1	the	the	DET
ajeer-2399	493	2	annals	annal	NOUN
ajeer-2399	493	3	of	of	ADP
ajeer-2399	493	4	statistics	statistic	NOUN
ajeer-2399	493	5	,	,	PUNCT
ajeer-2399	493	6	12(4	12(4	NUM
ajeer-2399	493	7	)	)	PUNCT
ajeer-2399	493	8	,	,	PUNCT
ajeer-2399	493	9	1425-1433.available	1425-1433.available	NUM
ajeer-2399	493	10	at	at	ADP
ajeer-2399	493	11	:	:	PUNCT
ajeer-2399	493	12	https://doi.org/10.1214/aos/1176346801	https://doi.org/10.1214/aos/1176346801	ADJ
ajeer-2399	493	13	.	.	PUNCT
ajeer-2399	494	1	türkcan	türkcan	PROPN
ajeer-2399	494	2	,	,	PUNCT
ajeer-2399	494	3	b.	b.	PROPN
ajeer-2399	494	4	,	,	PUNCT
ajeer-2399	494	5	duman	duman	PROPN
ajeer-2399	494	6	,	,	PUNCT
ajeer-2399	494	7	a.	a.	PROPN
ajeer-2399	494	8	,	,	PUNCT
ajeer-2399	494	9	&	&	CCONJ
ajeer-2399	494	10	yetkiner	yetkiner	PROPN
ajeer-2399	494	11	,	,	PUNCT
ajeer-2399	494	12	i.	i.	PROPN
ajeer-2399	494	13	h.	h.	PROPN
ajeer-2399	494	14	(	(	PUNCT
ajeer-2399	494	15	2008	2008	NUM
ajeer-2399	494	16	)	)	PUNCT
ajeer-2399	494	17	.	.	PUNCT
ajeer-2399	495	1	how	how	SCONJ
ajeer-2399	495	2	does	do	AUX
ajeer-2399	495	3	fdi	fdi	NOUN
ajeer-2399	495	4	and	and	CCONJ
ajeer-2399	495	5	economic	economic	ADJ
ajeer-2399	495	6	growth	growth	NOUN
ajeer-2399	495	7	affect	affect	VERB
ajeer-2399	495	8	each	each	DET
ajeer-2399	495	9	other	other	ADJ
ajeer-2399	495	10	?	?	PUNCT
ajeer-2399	496	1	the	the	DET
ajeer-2399	496	2	oecd	oecd	PROPN
ajeer-2399	496	3	case	case	NOUN
ajeer-2399	496	4	.	.	PUNCT
ajeer-2399	497	1	paper	paper	NOUN
ajeer-2399	497	2	presented	present	VERB
ajeer-2399	497	3	at	at	ADP
ajeer-2399	497	4	the	the	DET
ajeer-2399	497	5	in	in	ADP
ajeer-2399	497	6	international	international	ADJ
ajeer-2399	497	7	conference	conference	NOUN
ajeer-2399	497	8	on	on	ADP
ajeer-2399	497	9	emerging	emerge	VERB
ajeer-2399	497	10	economic	economic	ADJ
ajeer-2399	497	11	issues	issue	NOUN
ajeer-2399	497	12	in	in	ADP
ajeer-2399	497	13	a	a	DET
ajeer-2399	497	14	globalizing	globalize	VERB
ajeer-2399	497	15	world	world	NOUN
ajeer-2399	497	16	.	.	PUNCT
ajeer-2399	498	1	wan	wan	PROPN
ajeer-2399	498	2	,	,	PUNCT
ajeer-2399	498	3	e.	e.	PROPN
ajeer-2399	498	4	a.	a.	PROPN
ajeer-2399	498	5	,	,	PUNCT
ajeer-2399	498	6	&	&	CCONJ
ajeer-2399	498	7	van	van	PROPN
ajeer-2399	498	8	der	der	PROPN
ajeer-2399	498	9	merwe	merwe	PROPN
ajeer-2399	498	10	,	,	PUNCT
ajeer-2399	498	11	r.	r.	PROPN
ajeer-2399	498	12	(	(	PUNCT
ajeer-2399	498	13	2000	2000	NUM
ajeer-2399	498	14	)	)	PUNCT
ajeer-2399	498	15	.	.	PUNCT
ajeer-2399	499	1	the	the	DET
ajeer-2399	499	2	unscented	unscente	VERB
ajeer-2399	499	3	kalman	kalman	NOUN
ajeer-2399	499	4	filter	filter	NOUN
ajeer-2399	499	5	for	for	ADP
ajeer-2399	499	6	nonlinear	nonlinear	ADJ
ajeer-2399	499	7	estimation	estimation	NOUN
ajeer-2399	499	8	.	.	PUNCT
ajeer-2399	500	1	paper	paper	NOUN
ajeer-2399	500	2	presented	present	VERB
ajeer-2399	500	3	at	at	ADP
ajeer-2399	500	4	the	the	PRON
ajeer-2399	500	5	in	in	ADP
ajeer-2399	500	6	proceedings	proceeding	NOUN
ajeer-2399	500	7	of	of	ADP
ajeer-2399	500	8	the	the	DET
ajeer-2399	500	9	ieee	ieee	NOUN
ajeer-2399	500	10	2000	2000	NUM
ajeer-2399	500	11	adaptive	adaptive	ADJ
ajeer-2399	500	12	systems	system	NOUN
ajeer-2399	500	13	for	for	ADP
ajeer-2399	500	14	signal	signal	NOUN
ajeer-2399	500	15	processing	processing	NOUN
ajeer-2399	500	16	,	,	PUNCT
ajeer-2399	500	17	communications	communication	NOUN
ajeer-2399	500	18	,	,	PUNCT
ajeer-2399	500	19	and	and	CCONJ
ajeer-2399	500	20	control	control	NOUN
ajeer-2399	500	21	symposium	symposium	NOUN
ajeer-2399	500	22	(	(	PUNCT
ajeer-2399	500	23	cat	cat	NOUN
ajeer-2399	500	24	.	.	PUNCT
ajeer-2399	501	1	no	no	INTJ
ajeer-2399	501	2	.	.	PUNCT
ajeer-2399	502	1	00ex373	00ex373	NOUN
ajeer-2399	502	2	)	)	PUNCT
ajeer-2399	502	3	.	.	PUNCT
ajeer-2399	503	1	wilks	wilks	PROPN
ajeer-2399	503	2	,	,	PUNCT
ajeer-2399	503	3	d.	d.	PROPN
ajeer-2399	503	4	s.	s.	PROPN
ajeer-2399	503	5	(	(	PUNCT
ajeer-2399	503	6	2019	2019	NUM
ajeer-2399	503	7	)	)	PUNCT
ajeer-2399	503	8	.	.	PUNCT
ajeer-2399	504	1	parametric	parametric	ADJ
ajeer-2399	504	2	probability	probability	NOUN
ajeer-2399	504	3	distributions	distribution	NOUN
ajeer-2399	504	4	.	.	PUNCT
ajeer-2399	505	1	in	in	ADP
ajeer-2399	505	2	d.	d.	PROPN
ajeer-2399	505	3	s.	s.	PROPN
ajeer-2399	505	4	wilks	wilks	PROPN
ajeer-2399	505	5	,	,	PUNCT
ajeer-2399	505	6	statistical	statistical	ADJ
ajeer-2399	505	7	methods	method	NOUN
ajeer-2399	505	8	in	in	ADP
ajeer-2399	505	9	the	the	DET
ajeer-2399	505	10	atmosphereic	atmosphereic	ADJ
ajeer-2399	505	11	sciences	sciences	PROPN
ajeer-2399	505	12	(	(	PUNCT
ajeer-2399	505	13	4th	4th	ADJ
ajeer-2399	505	14	ed	ed	NOUN
ajeer-2399	505	15	.	.	PROPN
ajeer-2399	505	16	,	,	PUNCT
ajeer-2399	505	17	pp	pp	ADJ
ajeer-2399	505	18	.	.	PUNCT
ajeer-2399	505	19	77141	77141	NUM
ajeer-2399	505	20	)	)	PUNCT
ajeer-2399	505	21	.	.	PUNCT
ajeer-2399	506	1	massachusetts	massachusetts	PROPN
ajeer-2399	506	2	:	:	PUNCT
ajeer-2399	506	3	elsevier	elsevier	PROPN
ajeer-2399	506	4	inc	inc	PROPN
ajeer-2399	506	5	.	.	PROPN
ajeer-2399	506	6	world	world	PROPN
ajeer-2399	506	7	bank	bank	PROPN
ajeer-2399	506	8	.	.	PUNCT
ajeer-2399	507	1	(	(	PUNCT
ajeer-2399	507	2	2018	2018	NUM
ajeer-2399	507	3	)	)	PUNCT
ajeer-2399	507	4	.	.	PUNCT
ajeer-2399	508	1	the	the	DET
ajeer-2399	508	2	world	world	PROPN
ajeer-2399	508	3	bank	bank	PROPN
ajeer-2399	508	4	in	in	ADP
ajeer-2399	508	5	cambodia	cambodia	PROPN
ajeer-2399	508	6	.	.	PUNCT
ajeer-2399	508	7	retrieved	retrieve	VERB
ajeer-2399	508	8	from	from	ADP
ajeer-2399	508	9	:	:	PUNCT
ajeer-2399	508	10	https://www.worldbank.org/en/country/cambodia/overview	https://www.worldbank.org/en/country/cambodia/overview	ADJ
ajeer-2399	508	11	.	.	PUNCT
ajeer-2399	509	1	wu	wu	PROPN
ajeer-2399	509	2	,	,	PUNCT
ajeer-2399	509	3	m.	m.	NOUN
ajeer-2399	509	4	,	,	PUNCT
ajeer-2399	509	5	you	you	PRON
ajeer-2399	509	6	,	,	PUNCT
ajeer-2399	509	7	p.	p.	NOUN
ajeer-2399	509	8	,	,	PUNCT
ajeer-2399	509	9	&	&	CCONJ
ajeer-2399	509	10	zou	zou	PROPN
ajeer-2399	509	11	,	,	PUNCT
ajeer-2399	509	12	n.	n.	PROPN
ajeer-2399	509	13	(	(	PUNCT
ajeer-2399	509	14	2016	2016	NUM
ajeer-2399	509	15	)	)	PUNCT
ajeer-2399	509	16	.	.	PUNCT
ajeer-2399	510	1	on	on	ADP
ajeer-2399	510	2	spurious	spurious	ADJ
ajeer-2399	510	3	regressions	regression	NOUN
ajeer-2399	510	4	with	with	ADP
ajeer-2399	510	5	trending	trend	VERB
ajeer-2399	510	6	variables	variable	NOUN
ajeer-2399	510	7	.	.	PUNCT
ajeer-2399	511	1	cornell	cornell	PROPN
ajeer-2399	511	2	university	university	PROPN
ajeer-2399	511	3	library	library	PROPN
ajeer-2399	511	4	arxiv:1606.05049	arxiv:1606.05049	VERB
ajeer-2399	511	5	.	.	PUNCT
ajeer-2399	512	1	wyplosz	wyplosz	NOUN
ajeer-2399	512	2	,	,	PUNCT
ajeer-2399	512	3	c.	c.	PROPN
ajeer-2399	512	4	(	(	PUNCT
ajeer-2399	512	5	2005	2005	NUM
ajeer-2399	512	6	)	)	PUNCT
ajeer-2399	512	7	.	.	PUNCT
ajeer-2399	513	1	fiscal	fiscal	ADJ
ajeer-2399	513	2	policy	policy	NOUN
ajeer-2399	513	3	:	:	PUNCT
ajeer-2399	513	4	institution	institution	NOUN
ajeer-2399	513	5	versus	versus	ADP
ajeer-2399	513	6	rules	rule	NOUN
ajeer-2399	513	7	.	.	PUNCT
ajeer-2399	514	1	national	national	PROPN
ajeer-2399	514	2	institute	institute	PROPN
ajeer-2399	514	3	economic	economic	PROPN
ajeer-2399	514	4	review	review	PROPN
ajeer-2399	514	5	,	,	PUNCT
ajeer-2399	514	6	191(1	191(1	NUM
ajeer-2399	514	7	)	)	PUNCT
ajeer-2399	514	8	,	,	PUNCT
ajeer-2399	514	9	64	64	NUM
ajeer-2399	514	10	-	-	SYM
ajeer-2399	514	11	78	78	NUM
ajeer-2399	514	12	.	.	PUNCT
ajeer-2399	515	1	zarnowitz	zarnowitz	PROPN
ajeer-2399	515	2	,	,	PUNCT
ajeer-2399	515	3	v.	v.	PROPN
ajeer-2399	515	4	,	,	PUNCT
ajeer-2399	515	5	&	&	CCONJ
ajeer-2399	515	6	moore	moore	PROPN
ajeer-2399	515	7	,	,	PUNCT
ajeer-2399	515	8	g.	g.	PROPN
ajeer-2399	515	9	h.	h.	PROPN
ajeer-2399	515	10	(	(	PUNCT
ajeer-2399	515	11	1983	1983	NUM
ajeer-2399	515	12	)	)	PUNCT
ajeer-2399	515	13	.	.	PUNCT
ajeer-2399	516	1	sequential	sequential	ADJ
ajeer-2399	516	2	signals	signal	NOUN
ajeer-2399	516	3	of	of	ADP
ajeer-2399	516	4	recession	recession	NOUN
ajeer-2399	516	5	and	and	CCONJ
ajeer-2399	516	6	recovery	recovery	NOUN
ajeer-2399	516	7	.	.	PUNCT
ajeer-2399	517	1	in	in	ADP
ajeer-2399	517	2	g.	g.	PROPN
ajeer-2399	517	3	h.	h.	PROPN
ajeer-2399	517	4	moore	moore	PROPN
ajeer-2399	517	5	,	,	PUNCT
ajeer-2399	517	6	business	business	NOUN
ajeer-2399	517	7	cycles	cycle	NOUN
ajeer-2399	517	8	,	,	PUNCT
ajeer-2399	517	9	inflation	inflation	NOUN
ajeer-2399	517	10	,	,	PUNCT
ajeer-2399	517	11	and	and	CCONJ
ajeer-2399	517	12	forecasting	forecasting	NOUN
ajeer-2399	517	13	(	(	PUNCT
ajeer-2399	517	14	2nd	2nd	ADJ
ajeer-2399	517	15	ed	ed	NOUN
ajeer-2399	517	16	.	.	PROPN
ajeer-2399	517	17	,	,	PUNCT
ajeer-2399	517	18	pp	pp	PROPN
ajeer-2399	517	19	.	.	PUNCT
ajeer-2399	518	1	23	23	NUM
ajeer-2399	518	2	60	60	NUM
ajeer-2399	518	3	)	)	PUNCT
ajeer-2399	518	4	.	.	PUNCT
ajeer-2399	519	1	ballinger	ballinger	PROPN
ajeer-2399	519	2	.	.	PUNCT
ajeer-2399	520	1	appendix	appendix	VERB
ajeer-2399	520	2	a	a	DET
ajeer-2399	520	3	given	give	VERB
ajeer-2399	520	4	data	datum	NOUN
ajeer-2399	520	5	yt	yt	NOUN
ajeer-2399	520	6	=	=	SYM
ajeer-2399	520	7	{	{	PUNCT
ajeer-2399	520	8	y1	y1	PROPN
ajeer-2399	520	9	,	,	PUNCT
ajeer-2399	520	10	…	…	PUNCT
ajeer-2399	520	11	,	,	PUNCT
ajeer-2399	520	12	yt	yt	NOUN
ajeer-2399	520	13	}	}	PUNCT
ajeer-2399	520	14	,	,	PUNCT
ajeer-2399	520	15	estimation	estimation	NOUN
ajeer-2399	520	16	of	of	ADP
ajeer-2399	520	17	the	the	DET
ajeer-2399	520	18	unobserved	unobserved	ADJ
ajeer-2399	520	19	state	state	NOUN
ajeer-2399	520	20	variables(st	variables(st	NOUN
ajeer-2399	520	21	)	)	PUNCT
ajeer-2399	520	22	by	by	ADP
ajeer-2399	520	23	dfm	dfm	NOUN
ajeer-2399	520	24	can	can	AUX
ajeer-2399	520	25	be	be	AUX
ajeer-2399	520	26	done	do	VERB
ajeer-2399	520	27	using	use	VERB
ajeer-2399	520	28	the	the	DET
ajeer-2399	520	29	kalman	kalman	NOUN
ajeer-2399	520	30	filter	filter	NOUN
ajeer-2399	520	31	or	or	CCONJ
ajeer-2399	520	32	smoother	smooth	ADJ
ajeer-2399	520	33	.	.	PUNCT
ajeer-2399	521	1	shumway	shumway	PROPN
ajeer-2399	521	2	and	and	CCONJ
ajeer-2399	521	3	stoffer	stoffer	PROPN
ajeer-2399	521	4	(	(	PUNCT
ajeer-2399	521	5	2017b	2017b	NUM
ajeer-2399	521	6	)	)	PUNCT
ajeer-2399	521	7	showed	show	VERB
ajeer-2399	521	8	that	that	DET
ajeer-2399	521	9	variance	variance	NOUN
ajeer-2399	521	10	produced	produce	VERB
ajeer-2399	521	11	by	by	ADP
ajeer-2399	521	12	the	the	DET
ajeer-2399	521	13	kalman	kalman	PROPN
ajeer-2399	521	14	smoother	smoother	PROPN
ajeer-2399	521	15	is	be	AUX
ajeer-2399	521	16	lower	low	ADJ
ajeer-2399	521	17	than	than	ADP
ajeer-2399	521	18	the	the	DET
ajeer-2399	521	19	kalman	kalman	PROPN
ajeer-2399	521	20	filter	filter	PROPN
ajeer-2399	521	21	.	.	PUNCT
ajeer-2399	522	1	armax	armax	PROPN
ajeer-2399	522	2	linear	linear	PROPN
ajeer-2399	522	3	state	state	NOUN
ajeer-2399	522	4	-	-	PUNCT
ajeer-2399	522	5	space	space	NOUN
ajeer-2399	522	6	model	model	NOUN
ajeer-2399	522	7	with	with	ADP
ajeer-2399	522	8	initial	initial	ADJ
ajeer-2399	522	9	condition	condition	NOUN
ajeer-2399	522	10	s0	s0	NOUN
ajeer-2399	522	11	~	~	SYM
ajeer-2399	522	12	n(s0	n(s0	ADJ
ajeer-2399	522	13	0	0	NUM
ajeer-2399	522	14	,	,	PUNCT
ajeer-2399	522	15	p0	p0	NOUN
ajeer-2399	522	16	0	0	NUM
ajeer-2399	522	17	)	)	PUNCT
ajeer-2399	522	18	can	can	AUX
ajeer-2399	522	19	be	be	AUX
ajeer-2399	522	20	expressed	express	VERB
ajeer-2399	522	21	by	by	ADP
ajeer-2399	522	22	equations	equation	NOUN
ajeer-2399	522	23	1	1	NUM
ajeer-2399	522	24	and	and	CCONJ
ajeer-2399	522	25	2.25	2.25	NUM
ajeer-2399	522	26	additionally	additionally	ADV
ajeer-2399	522	27	,	,	PUNCT
ajeer-2399	522	28	for	for	ADP
ajeer-2399	522	29	simplicity	simplicity	NOUN
ajeer-2399	522	30	,	,	PUNCT
ajeer-2399	522	31	it	it	PRON
ajeer-2399	522	32	assumes	assume	VERB
ajeer-2399	522	33	the	the	DET
ajeer-2399	522	34	errors	error	NOUN
ajeer-2399	522	35	,	,	PUNCT
ajeer-2399	522	36	ut	ut	PROPN
ajeer-2399	522	37	and	and	CCONJ
ajeer-2399	522	38	vt	vt	PROPN
ajeer-2399	522	39	to	to	PART
ajeer-2399	522	40	be	be	AUX
ajeer-2399	522	41	independent	independent	ADJ
ajeer-2399	522	42	from	from	ADP
ajeer-2399	522	43	each	each	DET
ajeer-2399	522	44	other	other	ADJ
ajeer-2399	522	45	.	.	PUNCT
ajeer-2399	523	1	yt	yt	PROPN
ajeer-2399	523	2	=	=	SYM
ajeer-2399	523	3	ρ	ρ	PROPN
ajeer-2399	523	4	t	t	PROPN
ajeer-2399	523	5	st	st	PROPN
ajeer-2399	524	1	+	+	NUM
ajeer-2399	524	2	αtzt	αtzt	NOUN
ajeer-2399	525	1	+	+	CCONJ
ajeer-2399	525	2	ut	ut	PROPN
ajeer-2399	525	3	;	;	PUNCT
ajeer-2399	525	4	(	(	PUNCT
ajeer-2399	525	5	1	1	X
ajeer-2399	525	6	)	)	PUNCT
ajeer-2399	525	7	st+1	st+1	NOUN
ajeer-2399	526	1	=	=	SYM
ajeer-2399	526	2	θtst	θtst	NOUN
ajeer-2399	526	3	+	+	CCONJ
ajeer-2399	526	4	vt	vt	PROPN
ajeer-2399	526	5	;	;	PUNCT
ajeer-2399	526	6	(	(	PUNCT
ajeer-2399	526	7	2	2	X
ajeer-2399	526	8	)	)	PUNCT
ajeer-2399	527	1	where	where	SCONJ
ajeer-2399	527	2	(	(	PUNCT
ajeer-2399	527	3	ut	ut	PROPN
ajeer-2399	527	4	vt	vt	PROPN
ajeer-2399	527	5	)	)	PUNCT
ajeer-2399	527	6	~(i	~(i	PROPN
ajeer-2399	527	7	.	.	PUNCT
ajeer-2399	528	1	i.	i.	PROPN
ajeer-2399	528	2	d	d	PROPN
ajeer-2399	528	3	)	)	PUNCT
ajeer-2399	529	1	n	n	CCONJ
ajeer-2399	529	2	(	(	PUNCT
ajeer-2399	529	3	[	[	PUNCT
ajeer-2399	529	4	0	0	NUM
ajeer-2399	529	5	0	0	NUM
ajeer-2399	529	6	]	]	PUNCT
ajeer-2399	529	7	,	,	PUNCT
ajeer-2399	529	8	[	[	PUNCT
ajeer-2399	529	9	rt	rt	NOUN
ajeer-2399	529	10	0	0	NUM
ajeer-2399	529	11	0	0	NUM
ajeer-2399	529	12	qt	qt	NOUN
ajeer-2399	529	13	]	]	PUNCT
ajeer-2399	529	14	)	)	PUNCT
ajeer-2399	529	15	because	because	SCONJ
ajeer-2399	529	16	the	the	DET
ajeer-2399	529	17	sum	sum	NOUN
ajeer-2399	529	18	of	of	ADP
ajeer-2399	529	19	gaussian	gaussian	ADJ
ajeer-2399	529	20	distributions	distribution	NOUN
ajeer-2399	529	21	is	be	AUX
ajeer-2399	529	22	a	a	DET
ajeer-2399	529	23	gaussian	gaussian	NOUN
ajeer-2399	529	24	,	,	PUNCT
ajeer-2399	529	25	it	it	PRON
ajeer-2399	529	26	follows	follow	VERB
ajeer-2399	529	27	that	that	SCONJ
ajeer-2399	529	28	st+1	st+1	PROPN
ajeer-2399	529	29	and	and	CCONJ
ajeer-2399	529	30	yt	yt	PROPN
ajeer-2399	529	31	are	be	AUX
ajeer-2399	529	32	also	also	ADV
ajeer-2399	529	33	gaussians	gaussian	NOUN
ajeer-2399	529	34	.	.	PUNCT
ajeer-2399	530	1	besides	besides	SCONJ
ajeer-2399	530	2	,	,	PUNCT
ajeer-2399	530	3	for	for	ADP
ajeer-2399	530	4	two	two	NUM
ajeer-2399	530	5	gaussian	gaussian	ADJ
ajeer-2399	530	6	distributions	distribution	NOUN
ajeer-2399	530	7	with	with	ADP
ajeer-2399	530	8	mean	mean	ADJ
ajeer-2399	530	9	,	,	PUNCT
ajeer-2399	530	10	variance	variance	NOUN
ajeer-2399	530	11	,	,	PUNCT
ajeer-2399	530	12	and	and	CCONJ
ajeer-2399	530	13	covariance	covariance	NOUN
ajeer-2399	530	14	specified	specify	VERB
ajeer-2399	530	15	below	below	ADV
ajeer-2399	530	16	,	,	PUNCT
ajeer-2399	530	17	the	the	DET
ajeer-2399	530	18	conditional	conditional	ADJ
ajeer-2399	530	19	expectation	expectation	NOUN
ajeer-2399	530	20	is	be	AUX
ajeer-2399	530	21	:	:	PUNCT
ajeer-2399	530	22	(	(	PUNCT
ajeer-2399	530	23	x1	x1	NOUN
ajeer-2399	530	24	x2	x2	PROPN
ajeer-2399	530	25	)	)	PUNCT
ajeer-2399	530	26	~	~	PUNCT
ajeer-2399	531	1	n	n	X
ajeer-2399	531	2	(	(	PUNCT
ajeer-2399	531	3	[	[	PUNCT
ajeer-2399	531	4	μ1	μ1	PROPN
ajeer-2399	531	5	μ2	μ2	NOUN
ajeer-2399	531	6	]	]	PUNCT
ajeer-2399	531	7	,	,	PUNCT
ajeer-2399	531	8	[	[	PUNCT
ajeer-2399	531	9	∑11	∑11	NOUN
ajeer-2399	531	10	∑12	∑12	NOUN
ajeer-2399	531	11	∑21	∑21	PUNCT
ajeer-2399	531	12	∑22	∑22	VERB
ajeer-2399	531	13	]	]	PUNCT
ajeer-2399	531	14	)	)	PUNCT
ajeer-2399	531	15	x1|x2	x1|x2	PUNCT
ajeer-2399	532	1	~n(μ1	~n(μ1	X
ajeer-2399	532	2	+	+	CCONJ
ajeer-2399	532	3	∑12∑22	∑12∑22	PROPN
ajeer-2399	532	4	−1(x2	−1(x2	NOUN
ajeer-2399	532	5	−	−	PROPN
ajeer-2399	532	6	μ2	μ2	NOUN
ajeer-2399	532	7	)	)	PUNCT
ajeer-2399	532	8	,	,	PUNCT
ajeer-2399	532	9	∑11	∑11	PUNCT
ajeer-2399	533	1	−	−	PROPN
ajeer-2399	533	2	∑12∑22	∑12∑22	PROPN
ajeer-2399	533	3	−1∑21	−1∑21	VERB
ajeer-2399	533	4	)	)	PUNCT
ajeer-2399	534	1	1	1	X
ajeer-2399	534	2	.	.	PUNCT
ajeer-2399	534	3	kalman	kalman	NOUN
ajeer-2399	534	4	filter	filter	PROPN
ajeer-2399	534	5	notation	notation	PROPN
ajeer-2399	534	6	st+1	st+1	PROPN
ajeer-2399	534	7	t	t	PROPN
ajeer-2399	534	8	=	=	SYM
ajeer-2399	534	9	e(st+1|yt	e(st+1|yt	PROPN
ajeer-2399	534	10	)	)	PUNCT
ajeer-2399	534	11	;	;	PUNCT
ajeer-2399	534	12	pt+1	pt+1	X
ajeer-2399	534	13	t	t	X
ajeer-2399	534	14	=	=	SYM
ajeer-2399	534	15	e{(st+1	e{(st+1	PROPN
ajeer-2399	535	1	−	−	NOUN
ajeer-2399	535	2	st+1	st+1	PROPN
ajeer-2399	535	3	t	t	PROPN
ajeer-2399	535	4	)	)	PUNCT
ajeer-2399	535	5	(	(	PUNCT
ajeer-2399	535	6	st+1	st+1	NUM
ajeer-2399	535	7	−	−	NOUN
ajeer-2399	535	8	st+1	st+1	PROPN
ajeer-2399	535	9	t	t	PROPN
ajeer-2399	535	10	)	)	PUNCT
ajeer-2399	535	11	′|yt	′|yt	NOUN
ajeer-2399	535	12	}	}	PUNCT
ajeer-2399	535	13	from	from	ADP
ajeer-2399	535	14	(	(	PUNCT
ajeer-2399	535	15	2	2	NUM
ajeer-2399	535	16	):	):	PUNCT
ajeer-2399	535	17	st+1	st+1	PROPN
ajeer-2399	535	18	t	t	NOUN
ajeer-2399	535	19	=	=	SYM
ajeer-2399	535	20	e(θtst	e(θtst	NOUN
ajeer-2399	535	21	+	+	CCONJ
ajeer-2399	535	22	vt|yt	vt|yt	NOUN
ajeer-2399	535	23	)	)	PUNCT
ajeer-2399	536	1	=	=	SYM
ajeer-2399	536	2	θtst	θtst	PROPN
ajeer-2399	536	3	t	t	PROPN
ajeer-2399	536	4	;	;	PUNCT
ajeer-2399	536	5	(	(	PUNCT
ajeer-2399	536	6	3	3	X
ajeer-2399	536	7	)	)	PUNCT
ajeer-2399	536	8	pt+1	pt+1	NOUN
ajeer-2399	536	9	t	t	PROPN
ajeer-2399	536	10	=	=	SYM
ajeer-2399	536	11	e{(st+1	e{(st+1	PROPN
ajeer-2399	537	1	−	−	NOUN
ajeer-2399	537	2	st+1	st+1	PROPN
ajeer-2399	537	3	t	t	PROPN
ajeer-2399	537	4	)	)	PUNCT
ajeer-2399	537	5	(	(	PUNCT
ajeer-2399	537	6	st+1	st+1	NUM
ajeer-2399	537	7	−	−	NOUN
ajeer-2399	537	8	st+1	st+1	PROPN
ajeer-2399	537	9	t	t	PROPN
ajeer-2399	537	10	)	)	PUNCT
ajeer-2399	537	11	′|yt	′|yt	NOUN
ajeer-2399	537	12	}	}	PUNCT
ajeer-2399	538	1	=	=	SYM
ajeer-2399	538	2	e{(θt(st	e{(θt(st	NOUN
ajeer-2399	538	3	−	−	PROPN
ajeer-2399	538	4	st	st	PROPN
ajeer-2399	538	5	t	t	PROPN
ajeer-2399	538	6	)	)	PUNCT
ajeer-2399	538	7	+	+	NUM
ajeer-2399	538	8	vt)(θt(st	vt)(θt(st	NOUN
ajeer-2399	538	9	−	−	PROPN
ajeer-2399	538	10	st	st	PROPN
ajeer-2399	538	11	t	t	PROPN
ajeer-2399	538	12	)	)	PUNCT
ajeer-2399	538	13	+	+	NOUN
ajeer-2399	538	14	vt)′|yt	vt)′|yt	NOUN
ajeer-2399	538	15	}	}	PUNCT
ajeer-2399	538	16	=	=	SYM
ajeer-2399	538	17	θtpt	θtpt	VERB
ajeer-2399	538	18	tθt	tθt	NOUN
ajeer-2399	538	19	′	′	PROPN
ajeer-2399	538	20	+	+	CCONJ
ajeer-2399	538	21	qt	qt	NOUN
ajeer-2399	538	22	;	;	PUNCT
ajeer-2399	538	23	(	(	PUNCT
ajeer-2399	538	24	4	4	X
ajeer-2399	538	25	)	)	PUNCT
ajeer-2399	538	26	let	let	VERB
ajeer-2399	538	27	ϵt+1	ϵt+1	NOUN
ajeer-2399	539	1	=	=	SYM
ajeer-2399	539	2	yt+1	yt+1	NUM
ajeer-2399	539	3	−	−	NOUN
ajeer-2399	540	1	e	e	X
ajeer-2399	540	2	(	(	PUNCT
ajeer-2399	540	3	yt+1|	yt+1|	NOUN
ajeer-2399	540	4	yt	yt	PROPN
ajeer-2399	540	5	)	)	PUNCT
ajeer-2399	540	6	=	=	PUNCT
ajeer-2399	541	1	yt+1	yt+1	NUM
ajeer-2399	541	2	−	−	PROPN
ajeer-2399	542	1	(	(	PUNCT
ajeer-2399	542	2	ρ	ρ	X
ajeer-2399	542	3	t+1	t+1	PROPN
ajeer-2399	542	4	st+1	st+1	NUM
ajeer-2399	542	5	t	t	PROPN
ajeer-2399	542	6	+	+	CCONJ
ajeer-2399	542	7	αt+1zt+1	αt+1zt+1	NUM
ajeer-2399	542	8	)	)	PUNCT
ajeer-2399	542	9	;	;	PUNCT
ajeer-2399	543	1	where	where	SCONJ
ajeer-2399	543	2	e(ϵt+1	e(ϵt+1	PRON
ajeer-2399	543	3	)	)	PUNCT
ajeer-2399	543	4	=	=	SYM
ajeer-2399	543	5	0	0	NUM
ajeer-2399	543	6	var(ϵt+1	var(ϵt+1	NUM
ajeer-2399	543	7	)	)	PUNCT
ajeer-2399	544	1	=	=	PUNCT
ajeer-2399	544	2	var[ρt+1	var[ρt+1	PROPN
ajeer-2399	544	3	(	(	PUNCT
ajeer-2399	544	4	st+1	st+1	NOUN
ajeer-2399	544	5	−	−	NOUN
ajeer-2399	544	6	st+1	st+1	NUM
ajeer-2399	544	7	t	t	PROPN
ajeer-2399	544	8	)	)	PUNCT
ajeer-2399	545	1	+	+	CCONJ
ajeer-2399	545	2	ut+1	ut+1	X
ajeer-2399	545	3	]	]	X
ajeer-2399	545	4	=	=	SYM
ajeer-2399	545	5	ρ	ρ	PROPN
ajeer-2399	545	6	t+1	t+1	PROPN
ajeer-2399	546	1	pt+1	pt+1	X
ajeer-2399	546	2	t	t	PROPN
ajeer-2399	546	3	ρt+1	ρt+1	NUM
ajeer-2399	547	1	′	′	NUM
ajeer-2399	548	1	+	+	CCONJ
ajeer-2399	548	2	rt+1	rt+1	X
ajeer-2399	548	3	under	under	ADP
ajeer-2399	548	4	the	the	DET
ajeer-2399	548	5	gaussian	gaussian	ADJ
ajeer-2399	548	6	assumption	assumption	NOUN
ajeer-2399	548	7	above	above	ADV
ajeer-2399	548	8	,	,	PUNCT
ajeer-2399	548	9	e(ϵtys	e(ϵtys	ADJ
ajeer-2399	548	10	′	′	NOUN
ajeer-2399	548	11	)	)	PUNCT
ajeer-2399	548	12	=	=	SYM
ajeer-2399	548	13	0	0	NUM
ajeer-2399	549	1	for	for	ADP
ajeer-2399	549	2	s	s	PRON
ajeer-2399	549	3	<	<	X
ajeer-2399	549	4	t	t	PROPN
ajeer-2399	549	5	cov(st+1	cov(st+1	PROPN
ajeer-2399	549	6	,	,	PUNCT
ajeer-2399	549	7	ϵt+1|yt	ϵt+1|yt	NOUN
ajeer-2399	549	8	)	)	PUNCT
ajeer-2399	549	9	=	=	SYM
ajeer-2399	549	10	cov(st+1	cov(st+1	PROPN
ajeer-2399	549	11	,	,	PUNCT
ajeer-2399	549	12	yt+1	yt+1	NUM
ajeer-2399	549	13	−	−	PROPN
ajeer-2399	549	14	(	(	PUNCT
ajeer-2399	549	15	ρ	ρ	X
ajeer-2399	549	16	t+1	t+1	PROPN
ajeer-2399	549	17	st+1	st+1	NUM
ajeer-2399	549	18	t	t	PROPN
ajeer-2399	549	19	+	+	CCONJ
ajeer-2399	549	20	αt+1zt+1)|yt	αt+1zt+1)|yt	NOUN
ajeer-2399	549	21	)	)	PUNCT
ajeer-2399	549	22	=	=	SYM
ajeer-2399	549	23	cov(st+1	cov(st+1	PROPN
ajeer-2399	550	1	−	−	NOUN
ajeer-2399	550	2	st+1	st+1	PROPN
ajeer-2399	550	3	t	t	PROPN
ajeer-2399	550	4	,	,	PUNCT
ajeer-2399	550	5	yt+1	yt+1	NUM
ajeer-2399	550	6	−	−	PROPN
ajeer-2399	550	7	(	(	PUNCT
ajeer-2399	550	8	ρ	ρ	X
ajeer-2399	550	9	t+1	t+1	PROPN
ajeer-2399	550	10	st+1	st+1	NUM
ajeer-2399	550	11	t	t	PROPN
ajeer-2399	550	12	+	+	CCONJ
ajeer-2399	550	13	αt+1zt+1)|yt	αt+1zt+1)|yt	NOUN
ajeer-2399	550	14	)	)	PUNCT
ajeer-2399	550	15	25	25	NUM
ajeer-2399	550	16	a	a	DET
ajeer-2399	550	17	similar	similar	ADJ
ajeer-2399	550	18	version	version	NOUN
ajeer-2399	550	19	of	of	ADP
ajeer-2399	550	20	this	this	DET
ajeer-2399	550	21	derivation	derivation	NOUN
ajeer-2399	550	22	can	can	AUX
ajeer-2399	550	23	be	be	AUX
ajeer-2399	550	24	found	find	VERB
ajeer-2399	550	25	in	in	ADP
ajeer-2399	550	26	the	the	DET
ajeer-2399	550	27	literature	literature	NOUN
ajeer-2399	550	28	such	such	ADJ
ajeer-2399	550	29	as	as	ADP
ajeer-2399	550	30	in	in	ADP
ajeer-2399	550	31	nakata	nakata	NOUN
ajeer-2399	550	32	and	and	CCONJ
ajeer-2399	550	33	tonetti	tonetti	NOUN
ajeer-2399	550	34	(	(	PUNCT
ajeer-2399	550	35	2010	2010	NUM
ajeer-2399	550	36	)	)	PUNCT
ajeer-2399	550	37	.	.	PUNCT
ajeer-2399	551	1	http://dx.doi.org/10.1787/834716666802	http://dx.doi.org/10.1787/834716666802	PROPN
ajeer-2399	551	2	http://www.oecd.org/dev/asia-pacific/45623832.pdf	http://www.oecd.org/dev/asia-pacific/45623832.pdf	ADP
ajeer-2399	551	3	http://www.worldbank.org/en/country/cambodia/overview	http://www.worldbank.org/en/country/cambodia/overview	NOUN
ajeer-2399	551	4	asian	asian	ADJ
ajeer-2399	551	5	journal	journal	NOUN
ajeer-2399	551	6	of	of	ADP
ajeer-2399	551	7	economics	economic	NOUN
ajeer-2399	551	8	and	and	CCONJ
ajeer-2399	551	9	empirical	empirical	ADJ
ajeer-2399	551	10	research	research	NOUN
ajeer-2399	551	11	,	,	PUNCT
ajeer-2399	551	12	2020	2020	NUM
ajeer-2399	551	13	,	,	PUNCT
ajeer-2399	551	14	7(2	7(2	NUM
ajeer-2399	551	15	):	):	PUNCT
ajeer-2399	551	16	268	268	NUM
ajeer-2399	551	17	-	-	SYM
ajeer-2399	551	18	281	281	NUM
ajeer-2399	551	19	277	277	NUM
ajeer-2399	551	20	©	©	ADP
ajeer-2399	551	21	2020	2020	NUM
ajeer-2399	551	22	by	by	ADP
ajeer-2399	551	23	the	the	DET
ajeer-2399	551	24	authors	author	NOUN
ajeer-2399	551	25	;	;	PUNCT
ajeer-2399	551	26	licensee	licensee	PROPN
ajeer-2399	551	27	asian	asian	ADJ
ajeer-2399	551	28	online	online	PROPN
ajeer-2399	551	29	journal	journal	PROPN
ajeer-2399	551	30	publishing	publishing	NOUN
ajeer-2399	551	31	group	group	NOUN
ajeer-2399	551	32	=	=	PROPN
ajeer-2399	551	33	cov[st+1	cov[st+1	PROPN
ajeer-2399	552	1	−	−	NOUN
ajeer-2399	552	2	st+1	st+1	PROPN
ajeer-2399	552	3	t	t	PROPN
ajeer-2399	552	4	,	,	PUNCT
ajeer-2399	552	5	ρ	ρ	PROPN
ajeer-2399	552	6	t+1	t+1	PROPN
ajeer-2399	552	7	(	(	PUNCT
ajeer-2399	552	8	st+1	st+1	NUM
ajeer-2399	552	9	−	−	NUM
ajeer-2399	552	10	st+1	st+1	NUM
ajeer-2399	552	11	t	t	PROPN
ajeer-2399	552	12	)	)	PUNCT
ajeer-2399	553	1	+	+	CCONJ
ajeer-2399	553	2	ut+1	ut+1	X
ajeer-2399	553	3	]	]	X
ajeer-2399	553	4	=	=	SYM
ajeer-2399	554	1	pt+1	pt+1	SYM
ajeer-2399	554	2	t	t	NOUN
ajeer-2399	554	3	ρt+1	ρt+1	NUM
ajeer-2399	555	1	′	′	NUM
ajeer-2399	556	1	so	so	ADV
ajeer-2399	556	2	,	,	PUNCT
ajeer-2399	556	3	the	the	DET
ajeer-2399	556	4	joint	joint	ADJ
ajeer-2399	556	5	distribution	distribution	NOUN
ajeer-2399	556	6	between	between	ADP
ajeer-2399	556	7	st+1and	st+1and	NOUN
ajeer-2399	556	8	ϵt+1	ϵt+1	NUM
ajeer-2399	556	9	conditions	condition	NOUN
ajeer-2399	556	10	on	on	ADP
ajeer-2399	556	11	yt	yt	PROPN
ajeer-2399	556	12	.	.	PUNCT
ajeer-2399	557	1	(	(	PUNCT
ajeer-2399	557	2	st+1	st+1	NOUN
ajeer-2399	557	3	ϵt+1	ϵt+1	NUM
ajeer-2399	557	4	)	)	PUNCT
ajeer-2399	557	5	|yt	|yt	NUM
ajeer-2399	558	1	~	~	SYM
ajeer-2399	558	2	n	n	PRON
ajeer-2399	558	3	(	(	PUNCT
ajeer-2399	558	4	[	[	PUNCT
ajeer-2399	558	5	st+1	st+1	X
ajeer-2399	558	6	t	t	NOUN
ajeer-2399	558	7	0	0	NUM
ajeer-2399	558	8	]	]	PUNCT
ajeer-2399	558	9	,	,	PUNCT
ajeer-2399	558	10	[	[	PUNCT
ajeer-2399	558	11	pt+1	pt+1	SYM
ajeer-2399	558	12	t	t	PROPN
ajeer-2399	558	13	pt+1	pt+1	PROPN
ajeer-2399	558	14	t	t	PROPN
ajeer-2399	558	15	ρt+1	ρt+1	NUM
ajeer-2399	558	16	′	′	NUM
ajeer-2399	558	17	ρt+1pt+1	ρt+1pt+1	PROPN
ajeer-2399	558	18	t	t	PROPN
ajeer-2399	558	19	ρ	ρ	PROPN
ajeer-2399	558	20	t+1	t+1	PROPN
ajeer-2399	558	21	pt+1	pt+1	X
ajeer-2399	558	22	t	t	PROPN
ajeer-2399	558	23	ρt+1	ρt+1	NUM
ajeer-2399	558	24	′	′	NUM
ajeer-2399	559	1	+	+	CCONJ
ajeer-2399	559	2	rt+1	rt+1	X
ajeer-2399	559	3	]	]	SYM
ajeer-2399	559	4	)	)	PUNCT
ajeer-2399	559	5	st+1	st+1	NOUN
ajeer-2399	560	1	t+1	t+1	PROPN
ajeer-2399	560	2	=	=	SYM
ajeer-2399	560	3	e(st+1|y1	e(st+1|y1	NOUN
ajeer-2399	560	4	,	,	PUNCT
ajeer-2399	560	5	…	…	PUNCT
ajeer-2399	560	6	,	,	PUNCT
ajeer-2399	560	7	yt	yt	NOUN
ajeer-2399	560	8	,	,	PUNCT
ajeer-2399	560	9	yt+1	yt+1	NUM
ajeer-2399	560	10	)	)	PUNCT
ajeer-2399	560	11	=	=	SYM
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ajeer-2399	560	13	,	,	PUNCT
ajeer-2399	560	14	ϵt+1	ϵt+1	NUM
ajeer-2399	560	15	)	)	PUNCT
ajeer-2399	560	16	st+1	st+1	NOUN
ajeer-2399	561	1	t+1	t+1	PROPN
ajeer-2399	561	2	=	=	SYM
ajeer-2399	561	3	st+1	st+1	NUM
ajeer-2399	561	4	t	t	NOUN
ajeer-2399	562	1	+	+	CCONJ
ajeer-2399	562	2	pt+1	pt+1	SYM
ajeer-2399	563	1	t	t	PROPN
ajeer-2399	563	2	ρt+1	ρt+1	NUM
ajeer-2399	563	3	′	′	NUM
ajeer-2399	564	1	(	(	PUNCT
ajeer-2399	564	2	ρt+1	ρt+1	NUM
ajeer-2399	564	3	pt+1	pt+1	INTJ
ajeer-2399	564	4	t	t	PROPN
ajeer-2399	564	5	ρt+1	ρt+1	NUM
ajeer-2399	564	6	′	′	NUM
ajeer-2399	565	1	+	+	CCONJ
ajeer-2399	565	2	rt+1	rt+1	X
ajeer-2399	565	3	)	)	PUNCT
ajeer-2399	565	4	−1	−1	NOUN
ajeer-2399	566	1	ϵt+1	ϵt+1	NUM
ajeer-2399	566	2	let	let	VERB
ajeer-2399	566	3	kt+1(kalman	kt+1(kalman	NOUN
ajeer-2399	566	4	gain	gain	VERB
ajeer-2399	566	5	)	)	PUNCT
ajeer-2399	567	1	=	=	PUNCT
ajeer-2399	568	1	pt+1	pt+1	SYM
ajeer-2399	568	2	t	t	NOUN
ajeer-2399	568	3	ρt+1	ρt+1	NUM
ajeer-2399	568	4	′	′	NUM
ajeer-2399	569	1	(	(	PUNCT
ajeer-2399	569	2	ρt+1	ρt+1	NUM
ajeer-2399	569	3	pt+1	pt+1	INTJ
ajeer-2399	569	4	t	t	PROPN
ajeer-2399	569	5	ρt+1	ρt+1	NUM
ajeer-2399	569	6	′	′	NUM
ajeer-2399	570	1	+	+	CCONJ
ajeer-2399	570	2	rt+1	rt+1	X
ajeer-2399	570	3	)	)	PUNCT
ajeer-2399	570	4	−1	−1	NOUN
ajeer-2399	570	5	;	;	PUNCT
ajeer-2399	570	6	(	(	PUNCT
ajeer-2399	570	7	7	7	X
ajeer-2399	570	8	)	)	PUNCT
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ajeer-2399	571	1	t+1	t+1	PROPN
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ajeer-2399	571	3	st+1	st+1	NUM
ajeer-2399	571	4	t	t	PROPN
ajeer-2399	571	5	+	+	CCONJ
ajeer-2399	571	6	kt+1ϵt+1	kt+1ϵt+1	PROPN
ajeer-2399	571	7	;	;	PUNCT
ajeer-2399	571	8	(	(	PUNCT
ajeer-2399	571	9	5	5	X
ajeer-2399	571	10	)	)	PUNCT
ajeer-2399	571	11	pt+1	pt+1	NOUN
ajeer-2399	572	1	t+1	t+1	PROPN
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ajeer-2399	572	3	cov(st+1|yt	cov(st+1|yt	PROPN
ajeer-2399	572	4	,	,	PUNCT
ajeer-2399	572	5	ϵt+1	ϵt+1	X
ajeer-2399	572	6	)	)	PUNCT
ajeer-2399	572	7	=	=	NOUN
ajeer-2399	573	1	pt+1	pt+1	PROPN
ajeer-2399	573	2	t	t	NOUN
ajeer-2399	573	3	−	−	PROPN
ajeer-2399	574	1	pt+1	pt+1	INTJ
ajeer-2399	574	2	t	t	PROPN
ajeer-2399	574	3	ρt+1	ρt+1	NUM
ajeer-2399	575	1	′	′	NUM
ajeer-2399	576	1	(	(	PUNCT
ajeer-2399	576	2	ρt+1	ρt+1	NUM
ajeer-2399	576	3	pt+1	pt+1	INTJ
ajeer-2399	576	4	t	t	PROPN
ajeer-2399	576	5	ρt+1	ρt+1	NUM
ajeer-2399	576	6	′	′	NUM
ajeer-2399	577	1	+	+	CCONJ
ajeer-2399	577	2	rt+1	rt+1	X
ajeer-2399	577	3	)	)	PUNCT
ajeer-2399	577	4	−1	−1	NOUN
ajeer-2399	577	5	ρt+1pt+1	ρt+1pt+1	NOUN
ajeer-2399	577	6	t	t	PROPN
ajeer-2399	578	1	=	=	PUNCT
ajeer-2399	579	1	[	[	X
ajeer-2399	579	2	i	i	PRON
ajeer-2399	579	3	−	−	PROPN
ajeer-2399	580	1	pt+1	pt+1	INTJ
ajeer-2399	580	2	t	t	PROPN
ajeer-2399	580	3	ρt+1	ρt+1	NUM
ajeer-2399	581	1	′	′	NUM
ajeer-2399	581	2	(	(	PUNCT
ajeer-2399	581	3	ρ	ρ	X
ajeer-2399	581	4	t+1	t+1	PROPN
ajeer-2399	582	1	pt+1	pt+1	SYM
ajeer-2399	582	2	t	t	PROPN
ajeer-2399	582	3	ρt+1	ρt+1	NUM
ajeer-2399	583	1	′	′	NUM
ajeer-2399	584	1	+	+	CCONJ
ajeer-2399	584	2	rt+1)−1ρt+1]pt+1	rt+1)−1ρt+1]pt+1	X
ajeer-2399	584	3	t	t	PROPN
ajeer-2399	584	4	pt+1	pt+1	PROPN
ajeer-2399	585	1	t+1	t+1	NUM
ajeer-2399	585	2	=	=	PUNCT
ajeer-2399	586	1	(	(	PUNCT
ajeer-2399	586	2	i	i	PRON
ajeer-2399	586	3	−	−	PROPN
ajeer-2399	586	4	kt+1ρt+1)pt+1	kt+1ρt+1)pt+1	PROPN
ajeer-2399	586	5	t	t	PROPN
ajeer-2399	586	6	;	;	PUNCT
ajeer-2399	586	7	(	(	PUNCT
ajeer-2399	586	8	6	6	NUM
ajeer-2399	586	9	)	)	SYM
ajeer-2399	586	10	2	2	NUM
ajeer-2399	586	11	.	.	PUNCT
ajeer-2399	587	1	kalman	kalman	PROPN
ajeer-2399	587	2	smoother	smooth	ADJ
ajeer-2399	587	3	the	the	DET
ajeer-2399	587	4	kalman	kalman	PROPN
ajeer-2399	587	5	smoother	smoother	PROPN
ajeer-2399	587	6	used	use	VERB
ajeer-2399	587	7	all	all	DET
ajeer-2399	587	8	the	the	DET
ajeer-2399	587	9	observations	observation	NOUN
ajeer-2399	587	10	(	(	PUNCT
ajeer-2399	587	11	n	n	CCONJ
ajeer-2399	587	12	)	)	PUNCT
ajeer-2399	587	13	to	to	PART
ajeer-2399	587	14	update	update	VERB
ajeer-2399	587	15	the	the	DET
ajeer-2399	587	16	state	state	NOUN
ajeer-2399	587	17	variable	variable	NOUN
ajeer-2399	587	18	.	.	PUNCT
ajeer-2399	588	1	the	the	DET
ajeer-2399	588	2	joint	joint	ADJ
ajeer-2399	588	3	distribution	distribution	NOUN
ajeer-2399	588	4	of	of	ADP
ajeer-2399	588	5	st	st	PROPN
ajeer-2399	588	6	and	and	CCONJ
ajeer-2399	588	7	st+1	st+1	NOUN
ajeer-2399	588	8	conditions	condition	NOUN
ajeer-2399	588	9	on	on	ADP
ajeer-2399	588	10	yt	yt	PROPN
ajeer-2399	588	11	is	be	AUX
ajeer-2399	588	12	:	:	PUNCT
ajeer-2399	588	13	(	(	PUNCT
ajeer-2399	588	14	st	st	PROPN
ajeer-2399	588	15	st+1	st+1	PROPN
ajeer-2399	588	16	)	)	PUNCT
ajeer-2399	588	17	|yt	|yt	NOUN
ajeer-2399	589	1	~	~	PUNCT
ajeer-2399	589	2	n	n	X
ajeer-2399	589	3	(	(	PUNCT
ajeer-2399	589	4	[	[	PUNCT
ajeer-2399	589	5	st	st	PROPN
ajeer-2399	589	6	t	t	PROPN
ajeer-2399	589	7	st+1	st+1	PROPN
ajeer-2399	589	8	t	t	PROPN
ajeer-2399	589	9	]	]	PUNCT
ajeer-2399	589	10	,	,	PUNCT
ajeer-2399	589	11	[	[	PUNCT
ajeer-2399	589	12	pt	pt	X
ajeer-2399	589	13	t	t	PROPN
ajeer-2399	589	14	pt	pt	PROPN
ajeer-2399	589	15	tθt	tθt	PROPN
ajeer-2399	589	16	′	′	PROPN
ajeer-2399	589	17	θtpt	θtpt	PROPN
ajeer-2399	589	18	t	t	PROPN
ajeer-2399	589	19	pt+1	pt+1	PROPN
ajeer-2399	589	20	t	t	PROPN
ajeer-2399	589	21	]	]	PUNCT
ajeer-2399	589	22	)	)	PUNCT
ajeer-2399	589	23	e(st|st+1	e(st|st+1	PROPN
ajeer-2399	589	24	,	,	PUNCT
ajeer-2399	589	25	yt	yt	PROPN
ajeer-2399	589	26	)	)	PUNCT
ajeer-2399	589	27	=	=	PROPN
ajeer-2399	589	28	st	st	PROPN
ajeer-2399	589	29	t	t	PROPN
ajeer-2399	589	30	+	+	CCONJ
ajeer-2399	589	31	pt	pt	PROPN
ajeer-2399	589	32	tθt	tθt	PROPN
ajeer-2399	589	33	′(pt+1	′(pt+1	PROPN
ajeer-2399	589	34	t	t	PROPN
ajeer-2399	589	35	)	)	PUNCT
ajeer-2399	589	36	−1(st+1	−1(st+1	SYM
ajeer-2399	590	1	−	−	PROPN
ajeer-2399	590	2	st+1	st+1	PROPN
ajeer-2399	590	3	t	t	PROPN
ajeer-2399	590	4	)	)	PUNCT
ajeer-2399	591	1	var(st|st+1	var(st|st+1	PROPN
ajeer-2399	591	2	,	,	PUNCT
ajeer-2399	591	3	yt	yt	NOUN
ajeer-2399	591	4	)	)	PUNCT
ajeer-2399	591	5	=	=	SYM
ajeer-2399	591	6	pt	pt	PROPN
ajeer-2399	591	7	t	t	NOUN
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ajeer-2399	591	9	pt	pt	PROPN
ajeer-2399	591	10	tθt	tθt	PROPN
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ajeer-2399	591	12	t	t	PROPN
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ajeer-2399	591	14	−1θtpt	−1θtpt	PROPN
ajeer-2399	591	15	t	t	PROPN
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ajeer-2399	591	17	jt	jt	PROPN
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ajeer-2399	591	20	tθt	tθt	PROPN
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ajeer-2399	591	22	t	t	PROPN
ajeer-2399	591	23	)	)	PUNCT
ajeer-2399	591	24	−1	−1	NOUN
ajeer-2399	591	25	;	;	PUNCT
ajeer-2399	591	26	(	(	PUNCT
ajeer-2399	591	27	10	10	NUM
ajeer-2399	591	28	)	)	PUNCT
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ajeer-2399	591	30	(	(	PUNCT
ajeer-2399	591	31	n	n	CCONJ
ajeer-2399	591	32	)	)	PUNCT
ajeer-2399	591	33	total	total	ADJ
ajeer-2399	591	34	samples	sample	NOUN
ajeer-2399	591	35	,	,	PUNCT
ajeer-2399	591	36	by	by	ADP
ajeer-2399	591	37	the	the	DET
ajeer-2399	591	38	law	law	NOUN
ajeer-2399	591	39	of	of	ADP
ajeer-2399	591	40	iterated	iterated	ADJ
ajeer-2399	591	41	expectation	expectation	NOUN
ajeer-2399	591	42	:	:	PUNCT
ajeer-2399	591	43	st	st	PROPN
ajeer-2399	591	44	n	n	PROPN
ajeer-2399	591	45	=	=	PUNCT
ajeer-2399	591	46	e(st|yn	e(st|yn	PROPN
ajeer-2399	591	47	)	)	PUNCT
ajeer-2399	591	48	=	=	SYM
ajeer-2399	591	49	e(e(st|st+1	e(e(st|st+1	NUM
ajeer-2399	591	50	,	,	PUNCT
ajeer-2399	591	51	yn)|yn	yn)|yn	PROPN
ajeer-2399	591	52	)	)	PUNCT
ajeer-2399	591	53	=	=	SYM
ajeer-2399	591	54	e(e(st|st+1	e(e(st|st+1	NUM
ajeer-2399	591	55	,	,	PUNCT
ajeer-2399	591	56	yt)|yn	yt)|yn	PROPN
ajeer-2399	591	57	)	)	PUNCT
ajeer-2399	591	58	;	;	PUNCT
ajeer-2399	591	59	for	for	ADP
ajeer-2399	591	60	n	n	PROPN
ajeer-2399	591	61	>	>	X
ajeer-2399	591	62	t	t	PROPN
ajeer-2399	591	63	=	=	PUNCT
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ajeer-2399	591	65	t	t	PROPN
ajeer-2399	591	66	+	+	CCONJ
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ajeer-2399	591	69	st+1	st+1	PROPN
ajeer-2399	591	70	t	t	PROPN
ajeer-2399	591	71	)	)	PUNCT
ajeer-2399	591	72	|yn	|yn	NUM
ajeer-2399	591	73	)	)	PUNCT
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ajeer-2399	591	75	n	n	PROPN
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ajeer-2399	591	78	t	t	PROPN
ajeer-2399	591	79	+	+	CCONJ
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ajeer-2399	591	81	n	n	CCONJ
ajeer-2399	591	82	−	−	PROPN
ajeer-2399	591	83	st+1	st+1	PROPN
ajeer-2399	591	84	t	t	PROPN
ajeer-2399	591	85	)	)	PUNCT
ajeer-2399	591	86	;	;	PUNCT
ajeer-2399	591	87	`	`	PUNCT
ajeer-2399	591	88	(	(	PUNCT
ajeer-2399	591	89	8)	8)	NUM
ajeer-2399	591	90	pt	pt	NOUN
ajeer-2399	591	91	n	n	NOUN
ajeer-2399	591	92	=	=	SYM
ajeer-2399	591	93	e(st	e(st	PROPN
ajeer-2399	591	94	−	−	PROPN
ajeer-2399	591	95	st	st	PROPN
ajeer-2399	591	96	n)(st	n)(st	PROPN
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ajeer-2399	591	98	st	st	PROPN
ajeer-2399	591	99	n)′	n)′	PROPN
ajeer-2399	591	100	from	from	ADP
ajeer-2399	591	101	(	(	PUNCT
ajeer-2399	591	102	8)	8)	NUM
ajeer-2399	591	103	:	:	PUNCT
ajeer-2399	591	104	st	st	PROPN
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ajeer-2399	592	2	st	st	PROPN
ajeer-2399	592	3	t	t	PROPN
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ajeer-2399	592	6	n	n	CCONJ
ajeer-2399	592	7	−	−	PROPN
ajeer-2399	592	8	st+1	st+1	PROPN
ajeer-2399	592	9	t	t	PROPN
ajeer-2399	592	10	)	)	PUNCT
ajeer-2399	592	11	st	st	PROPN
ajeer-2399	592	12	−	−	PROPN
ajeer-2399	592	13	st	st	PROPN
ajeer-2399	592	14	n	n	PROPN
ajeer-2399	592	15	+	+	CCONJ
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ajeer-2399	592	21	st	st	PROPN
ajeer-2399	592	22	t	t	PROPN
ajeer-2399	592	23	+	+	PROPN
ajeer-2399	592	24	jtst+1	jtst+1	PROPN
ajeer-2399	592	25	t	t	PROPN
ajeer-2399	592	26	multiply	multiply	VERB
ajeer-2399	592	27	both	both	DET
ajeer-2399	592	28	sides	side	NOUN
ajeer-2399	592	29	by	by	ADP
ajeer-2399	592	30	its	its	PRON
ajeer-2399	592	31	transpose	transpose	NOUN
ajeer-2399	592	32	and	and	CCONJ
ajeer-2399	592	33	take	take	VERB
ajeer-2399	592	34	expectation	expectation	NOUN
ajeer-2399	592	35	,	,	PUNCT
ajeer-2399	592	36	we	we	PRON
ajeer-2399	592	37	get	get	VERB
ajeer-2399	592	38	e[(st	e[(st	PROPN
ajeer-2399	592	39	−	−	PROPN
ajeer-2399	592	40	st	st	PROPN
ajeer-2399	592	41	n	n	PROPN
ajeer-2399	592	42	+	+	CCONJ
ajeer-2399	592	43	jtst+1	jtst+1	PROPN
ajeer-2399	592	44	n	n	CCONJ
ajeer-2399	592	45	)	)	PUNCT
ajeer-2399	592	46	(	(	PUNCT
ajeer-2399	592	47	st	st	PROPN
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ajeer-2399	592	49	st	st	PROPN
ajeer-2399	592	50	n	n	PROPN
ajeer-2399	592	51	+	+	CCONJ
ajeer-2399	592	52	jtst+1	jtst+1	PROPN
ajeer-2399	592	53	n	n	CCONJ
ajeer-2399	592	54	)	)	PUNCT
ajeer-2399	592	55	′	′	NUM
ajeer-2399	592	56	]	]	PUNCT
ajeer-2399	593	1	=	=	PUNCT
ajeer-2399	593	2	e[(st	e[(st	PROPN
ajeer-2399	593	3	−	−	PROPN
ajeer-2399	593	4	st	st	PROPN
ajeer-2399	593	5	t	t	PROPN
ajeer-2399	593	6	+	+	PROPN
ajeer-2399	593	7	jtst+1	jtst+1	PROPN
ajeer-2399	593	8	t	t	PROPN
ajeer-2399	593	9	)	)	PUNCT
ajeer-2399	593	10	(	(	PUNCT
ajeer-2399	593	11	st	st	PROPN
ajeer-2399	593	12	−	−	PROPN
ajeer-2399	593	13	st	st	PROPN
ajeer-2399	593	14	t	t	PROPN
ajeer-2399	593	15	+	+	PROPN
ajeer-2399	593	16	jtst+1	jtst+1	PROPN
ajeer-2399	593	17	t	t	PROPN
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ajeer-2399	593	19	′	′	NUM
ajeer-2399	593	20	]	]	PUNCT
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ajeer-2399	593	22	cross	cross	ADJ
ajeer-2399	593	23	-	-	ADJ
ajeer-2399	593	24	product	product	ADJ
ajeer-2399	593	25	terms	term	NOUN
ajeer-2399	593	26	are	be	AUX
ajeer-2399	593	27	zero	zero	NUM
ajeer-2399	593	28	,	,	PUNCT
ajeer-2399	593	29	so	so	CCONJ
ajeer-2399	593	30	pt	pt	PROPN
ajeer-2399	593	31	n	n	PROPN
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ajeer-2399	594	5	n′	n′	PROPN
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ajeer-2399	596	7	t′)θt	t′)θt	PROPN
ajeer-2399	596	8	′jt	′jt	NOUN
ajeer-2399	596	9	′	′	INTJ
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ajeer-2399	597	1	n	n	CCONJ
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ajeer-2399	597	3	n′	n′	PROPN
ajeer-2399	597	4	)	)	PUNCT
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ajeer-2399	598	3	′	′	NUM
ajeer-2399	598	4	)	)	PUNCT
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ajeer-2399	599	2	pt+1	pt+1	NUM
ajeer-2399	600	1	n	n	CCONJ
ajeer-2399	600	2	=	=	NOUN
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ajeer-2399	600	4	′)θt	′)θt	NOUN
ajeer-2399	600	5	′	′	NUM
ajeer-2399	601	1	+	+	CCONJ
ajeer-2399	601	2	qt	qt	NOUN
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ajeer-2399	601	4	pt+1	pt+1	NUM
ajeer-2399	601	5	n	n	CCONJ
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ajeer-2399	601	7	tst	tst	NOUN
ajeer-2399	601	8	t′	t′	NUM
ajeer-2399	601	9	)	)	PUNCT
ajeer-2399	602	1	=	=	PRON
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ajeer-2399	603	1	′	′	NUM
ajeer-2399	603	2	)	)	PUNCT
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ajeer-2399	611	5	′	′	NOUN
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ajeer-2399	612	1	[	[	X
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ajeer-2399	612	4	′	′	NOUN
ajeer-2399	613	1	+	+	CCONJ
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ajeer-2399	616	1	jtpt+1	jtpt+1	PROPN
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ajeer-2399	618	2	′	′	NUM
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ajeer-2399	618	13	table	table	VERB
ajeer-2399	618	14	1	1	NUM
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ajeer-2399	620	2	mean	mean	VERB
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ajeer-2399	620	4	unit	unit	NOUN
ajeer-2399	620	5	root	root	PROPN
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ajeer-2399	620	7	(	(	PUNCT
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ajeer-2399	620	9	)	)	PUNCT
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ajeer-2399	620	11	root	root	NOUN
ajeer-2399	620	12	test	test	NOUN
ajeer-2399	620	13	(	(	PUNCT
ajeer-2399	620	14	1st	1st	ADJ
ajeer-2399	620	15	difference	difference	NOUN
ajeer-2399	620	16	)	)	PUNCT
ajeer-2399	620	17	adf	adf	NOUN
ajeer-2399	620	18	p	p	NOUN
ajeer-2399	620	19	-	-	PUNCT
ajeer-2399	620	20	value	value	NOUN
ajeer-2399	620	21	adf	adf	NOUN
ajeer-2399	620	22	p	p	NOUN
ajeer-2399	620	23	-	-	PUNCT
ajeer-2399	620	24	value	value	NOUN
ajeer-2399	620	25	total	total	ADJ
ajeer-2399	620	26	bank	bank	NOUN
ajeer-2399	620	27	credits	credit	NOUN
ajeer-2399	620	28	(	(	PUNCT
ajeer-2399	620	29	𝐘𝟏	𝐘𝟏	PROPN
ajeer-2399	620	30	)	)	PUNCT
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ajeer-2399	620	32	0.717	0.717	NUM
ajeer-2399	620	33	-0.410	-0.410	NUM
ajeer-2399	620	34	0.903	0.903	NUM
ajeer-2399	620	35	-14.049	-14.049	SYM
ajeer-2399	620	36	0.000	0.000	NUM
ajeer-2399	620	37	banks	bank	NOUN
ajeer-2399	620	38	lending	lend	VERB
ajeer-2399	620	39	to	to	ADP
ajeer-2399	620	40	the	the	DET
ajeer-2399	620	41	service	service	NOUN
ajeer-2399	620	42	-	-	PUNCT
ajeer-2399	620	43	related	relate	VERB
ajeer-2399	620	44	sectors	sector	NOUN
ajeer-2399	620	45	(	(	PUNCT
ajeer-2399	620	46	𝐘𝟐	𝐘𝟐	PROPN
ajeer-2399	620	47	)	)	PUNCT
ajeer-2399	620	48	7.652	7.652	NUM
ajeer-2399	620	49	0.396	0.396	NUM
ajeer-2399	620	50	0.763	0.763	NUM
ajeer-2399	620	51	0.993	0.993	NUM
ajeer-2399	620	52	-12.542	-12.542	NUM
ajeer-2399	620	53	0.000	0.000	NUM
ajeer-2399	620	54	banks	bank	NOUN
ajeer-2399	620	55	lending	lend	VERB
ajeer-2399	620	56	to	to	ADP
ajeer-2399	620	57	the	the	DET
ajeer-2399	620	58	manufacturing	manufacturing	NOUN
ajeer-2399	620	59	sector	sector	NOUN
ajeer-2399	620	60	(	(	PUNCT
ajeer-2399	620	61	𝐘𝟑	𝐘𝟑	NOUN
ajeer-2399	620	62	)	)	PUNCT
ajeer-2399	620	63	7.885	7.885	NUM
ajeer-2399	620	64	0.503	0.503	NUM
ajeer-2399	620	65	-3.017	-3.017	NOUN
ajeer-2399	620	66	0.057	0.057	NUM
ajeer-2399	620	67	-13.758	-13.758	NOUN
ajeer-2399	620	68	0.000	0.000	NUM
ajeer-2399	620	69	banks	bank	NOUN
ajeer-2399	620	70	lending	lend	VERB
ajeer-2399	620	71	to	to	ADP
ajeer-2399	620	72	the	the	DET
ajeer-2399	620	73	retail	retail	ADJ
ajeer-2399	620	74	trade	trade	NOUN
ajeer-2399	620	75	sector	sector	NOUN
ajeer-2399	620	76	(	(	PUNCT
ajeer-2399	620	77	𝐘𝟒	𝐘𝟒	NOUN
ajeer-2399	620	78	)	)	PUNCT
ajeer-2399	620	79	8.609	8.609	NUM
ajeer-2399	620	80	0.640	0.640	NUM
ajeer-2399	620	81	-0.633	-0.633	NUM
ajeer-2399	620	82	0.858	0.858	NUM
ajeer-2399	620	83	-13.001	-13.001	NUM
ajeer-2399	620	84	0.000	0.000	NUM
ajeer-2399	620	85	banks	bank	NOUN
ajeer-2399	620	86	lending	lend	VERB
ajeer-2399	620	87	to	to	ADP
ajeer-2399	620	88	the	the	DET
ajeer-2399	620	89	wholesale	wholesale	ADJ
ajeer-2399	620	90	sector	sector	NOUN
ajeer-2399	620	91	(	(	PUNCT
ajeer-2399	620	92	𝐘𝟓	𝐘𝟓	NOUN
ajeer-2399	620	93	)	)	PUNCT
ajeer-2399	620	94	8.539	8.539	NUM
ajeer-2399	620	95	0.608	0.608	NUM
ajeer-2399	620	96	-2.312	-2.312	VERB
ajeer-2399	620	97	0.170	0.170	NUM
ajeer-2399	620	98	-14.933	-14.933	NOUN
ajeer-2399	620	99	0.000	0.000	NUM
ajeer-2399	620	100	total	total	ADJ
ajeer-2399	620	101	electricity	electricity	NOUN
ajeer-2399	620	102	supply	supply	NOUN
ajeer-2399	620	103	(	(	PUNCT
ajeer-2399	620	104	𝐘𝟔	𝐘𝟔	X
ajeer-2399	620	105	)	)	PUNCT
ajeer-2399	620	106	5.796	5.796	NUM
ajeer-2399	620	107	0.588	0.588	NUM
ajeer-2399	620	108	0.350	0.350	NUM
ajeer-2399	620	109	0.980	0.980	NUM
ajeer-2399	620	110	-12.247	-12.247	PUNCT
ajeer-2399	620	111	0.000	0.000	NUM
ajeer-2399	620	112	export	export	NOUN
ajeer-2399	620	113	value	value	NOUN
ajeer-2399	620	114	(	(	PUNCT
ajeer-2399	620	115	𝐘𝟕	𝐘𝟕	PROPN
ajeer-2399	620	116	)	)	PUNCT
ajeer-2399	620	117	19.611	19.611	NUM
ajeer-2399	620	118	0.798	0.798	NUM
ajeer-2399	620	119	-0.781	-0.781	NUM
ajeer-2399	620	120	0.822	0.822	NUM
ajeer-2399	620	121	-21.410	-21.410	NUM
ajeer-2399	620	122	0.000	0.000	NUM
ajeer-2399	620	123	import	import	NOUN
ajeer-2399	620	124	value	value	NOUN
ajeer-2399	620	125	(	(	PUNCT
ajeer-2399	620	126	𝐘𝟖	𝐘𝟖	PROPN
ajeer-2399	620	127	)	)	PUNCT
ajeer-2399	620	128	14.252	14.252	NUM
ajeer-2399	620	129	0.961	0.961	NUM
ajeer-2399	620	130	-1.130	-1.130	NOUN
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ajeer-2399	620	133	0.000	0.000	NUM
ajeer-2399	620	134	corporate	corporate	ADJ
ajeer-2399	620	135	income	income	NOUN
ajeer-2399	620	136	or	or	CCONJ
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ajeer-2399	620	138	tax	tax	NOUN
ajeer-2399	620	139	(	(	PUNCT
ajeer-2399	620	140	𝐘𝟗	𝐘𝟗	PROPN
ajeer-2399	620	141	)	)	PUNCT
ajeer-2399	620	142	11.746	11.746	NUM
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ajeer-2399	620	147	0.000	0.000	NUM
ajeer-2399	620	148	domestic	domestic	ADJ
ajeer-2399	620	149	vat	vat	NOUN
ajeer-2399	620	150	(	(	PUNCT
ajeer-2399	620	151	𝐘𝟏𝟎	𝐘𝟏𝟎	PROPN
ajeer-2399	620	152	)	)	PUNCT
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ajeer-2399	620	156	0.902	0.902	NUM
ajeer-2399	620	157	-8.870	-8.870	NOUN
ajeer-2399	620	158	0.000	0.000	NUM
ajeer-2399	620	159	import	import	NOUN
ajeer-2399	620	160	vat	vat	NOUN
ajeer-2399	620	161	(	(	PUNCT
ajeer-2399	620	162	𝐘𝟏𝟏	𝐘𝟏𝟏	PROPN
ajeer-2399	620	163	)	)	PUNCT
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ajeer-2399	620	167	0.920	0.920	NUM
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ajeer-2399	620	169	0.000	0.000	NUM
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ajeer-2399	620	171	journal	journal	NOUN
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ajeer-2399	620	173	economics	economic	NOUN
ajeer-2399	620	174	and	and	CCONJ
ajeer-2399	620	175	empirical	empirical	ADJ
ajeer-2399	620	176	research	research	NOUN
ajeer-2399	620	177	,	,	PUNCT
ajeer-2399	620	178	2020	2020	NUM
ajeer-2399	620	179	,	,	PUNCT
ajeer-2399	620	180	7(2	7(2	NUM
ajeer-2399	620	181	):	):	PUNCT
ajeer-2399	620	182	268	268	NUM
ajeer-2399	620	183	-	-	SYM
ajeer-2399	620	184	281	281	NUM
ajeer-2399	620	185	278	278	NUM
ajeer-2399	620	186	©	©	ADP
ajeer-2399	620	187	2020	2020	NUM
ajeer-2399	620	188	by	by	ADP
ajeer-2399	620	189	the	the	DET
ajeer-2399	620	190	authors	author	NOUN
ajeer-2399	620	191	;	;	PUNCT
ajeer-2399	620	192	licensee	licensee	PROPN
ajeer-2399	620	193	asian	asian	ADJ
ajeer-2399	620	194	online	online	PROPN
ajeer-2399	620	195	journal	journal	PROPN
ajeer-2399	620	196	publishing	publishing	NOUN
ajeer-2399	620	197	group	group	NOUN
ajeer-2399	620	198	table	table	NOUN
ajeer-2399	620	199	2	2	NUM
ajeer-2399	620	200	.	.	X
ajeer-2399	620	201	cointegration	cointegration	NOUN
ajeer-2399	620	202	results	result	NOUN
ajeer-2399	620	203	(	(	PUNCT
ajeer-2399	620	204	ols	ol	NOUN
ajeer-2399	620	205	result	result	NOUN
ajeer-2399	620	206	of	of	ADP
ajeer-2399	620	207	individual	individual	ADJ
ajeer-2399	620	208	series	series	NOUN
ajeer-2399	620	209	on	on	ADP
ajeer-2399	620	210	state	state	NOUN
ajeer-2399	620	211	variables	variable	NOUN
ajeer-2399	620	212	)	)	PUNCT
ajeer-2399	620	213	.	.	PUNCT
ajeer-2399	621	1	variables	variable	NOUN
ajeer-2399	621	2	coefficient	coefficient	VERB
ajeer-2399	621	3	residual	residual	PROPN
ajeer-2399	621	4	's	's	PART
ajeer-2399	621	5	unit	unit	NOUN
ajeer-2399	621	6	root	root	PROPN
ajeer-2399	621	7	test	test	PROPN
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ajeer-2399	621	9	-	-	PUNCT
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ajeer-2399	621	12	-	-	PUNCT
ajeer-2399	621	13	value	value	NOUN
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ajeer-2399	621	15	bank	bank	NOUN
ajeer-2399	621	16	credits	credit	NOUN
ajeer-2399	621	17	(	(	PUNCT
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ajeer-2399	621	19	)	)	PUNCT
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ajeer-2399	622	1	-7.808	-7.808	NOUN
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ajeer-2399	622	3	(	(	PUNCT
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ajeer-2399	622	5	)	)	PUNCT
ajeer-2399	622	6	banks	bank	NOUN
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ajeer-2399	622	8	to	to	ADP
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ajeer-2399	622	10	service	service	NOUN
ajeer-2399	622	11	-	-	PUNCT
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ajeer-2399	622	14	(	(	PUNCT
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ajeer-2399	622	16	)	)	PUNCT
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ajeer-2399	622	20	*	*	PUNCT
ajeer-2399	622	21	-1.812	-1.812	ADJ
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ajeer-2399	622	23	(	(	PUNCT
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ajeer-2399	622	25	)	)	PUNCT
ajeer-2399	622	26	banks	bank	NOUN
ajeer-2399	622	27	lending	lend	VERB
ajeer-2399	622	28	to	to	ADP
ajeer-2399	622	29	the	the	DET
ajeer-2399	622	30	manufacturing	manufacturing	NOUN
ajeer-2399	622	31	sector	sector	NOUN
ajeer-2399	622	32	(	(	PUNCT
ajeer-2399	622	33	𝐘𝟑	𝐘𝟑	NOUN
ajeer-2399	622	34	)	)	PUNCT
ajeer-2399	622	35	0.298	0.298	NUM
ajeer-2399	622	36	*	*	PUNCT
ajeer-2399	622	37	*	*	PUNCT
ajeer-2399	622	38	*	*	NOUN
ajeer-2399	622	39	-1.204	-1.204	NUM
ajeer-2399	622	40	0.671	0.671	NUM
ajeer-2399	622	41	(	(	PUNCT
ajeer-2399	622	42	0.008	0.008	NUM
ajeer-2399	622	43	)	)	PUNCT
ajeer-2399	622	44	banks	bank	NOUN
ajeer-2399	622	45	lending	lend	VERB
ajeer-2399	622	46	to	to	ADP
ajeer-2399	622	47	the	the	DET
ajeer-2399	622	48	retail	retail	ADJ
ajeer-2399	622	49	trade	trade	NOUN
ajeer-2399	622	50	sector	sector	NOUN
ajeer-2399	622	51	(	(	PUNCT
ajeer-2399	622	52	𝐘𝟒	𝐘𝟒	NOUN
ajeer-2399	622	53	)	)	PUNCT
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ajeer-2399	622	55	*	*	PUNCT
ajeer-2399	622	56	*	*	PUNCT
ajeer-2399	622	57	*	*	NOUN
ajeer-2399	622	58	-1.810	-1.810	NUM
ajeer-2399	622	59	0.374	0.374	NUM
ajeer-2399	622	60	(	(	PUNCT
ajeer-2399	622	61	0.004	0.004	NUM
ajeer-2399	622	62	)	)	PUNCT
ajeer-2399	622	63	banks	bank	NOUN
ajeer-2399	622	64	lending	lend	VERB
ajeer-2399	622	65	to	to	ADP
ajeer-2399	622	66	the	the	DET
ajeer-2399	622	67	wholesale	wholesale	ADJ
ajeer-2399	622	68	sector	sector	NOUN
ajeer-2399	622	69	(	(	PUNCT
ajeer-2399	622	70	𝐘𝟓	𝐘𝟓	NOUN
ajeer-2399	622	71	)	)	PUNCT
ajeer-2399	622	72	0.297	0.297	NUM
ajeer-2399	622	73	*	*	PUNCT
ajeer-2399	622	74	*	*	PUNCT
ajeer-2399	622	75	*	*	PUNCT
ajeer-2399	623	1	-1.240	-1.240	NUM
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ajeer-2399	623	4	0.008	0.008	NUM
ajeer-2399	623	5	)	)	PUNCT
ajeer-2399	623	6	total	total	ADJ
ajeer-2399	623	7	electricity	electricity	NOUN
ajeer-2399	623	8	supply	supply	NOUN
ajeer-2399	623	9	(	(	PUNCT
ajeer-2399	623	10	𝐘𝟔	𝐘𝟔	X
ajeer-2399	623	11	)	)	PUNCT
ajeer-2399	623	12	0.307	0.307	NUM
ajeer-2399	623	13	*	*	PUNCT
ajeer-2399	623	14	*	*	PUNCT
ajeer-2399	623	15	*	*	PUNCT
ajeer-2399	623	16	-2.489	-2.489	NOUN
ajeer-2399	623	17	0.121	0.121	NUM
ajeer-2399	623	18	(	(	PUNCT
ajeer-2399	623	19	0.004	0.004	NUM
ajeer-2399	623	20	)	)	PUNCT
ajeer-2399	623	21	export	export	NOUN
ajeer-2399	623	22	value	value	NOUN
ajeer-2399	623	23	(	(	PUNCT
ajeer-2399	623	24	𝐘𝟕	𝐘𝟕	PROPN
ajeer-2399	623	25	)	)	PUNCT
ajeer-2399	623	26	0.297	0.297	NUM
ajeer-2399	623	27	*	*	PUNCT
ajeer-2399	623	28	*	*	PUNCT
ajeer-2399	623	29	*	*	PUNCT
ajeer-2399	623	30	-4.715	-4.715	NOUN
ajeer-2399	623	31	0.000	0.000	NUM
ajeer-2399	623	32	(	(	PUNCT
ajeer-2399	623	33	0.007	0.007	NUM
ajeer-2399	623	34	)	)	PUNCT
ajeer-2399	623	35	import	import	NOUN
ajeer-2399	623	36	value	value	NOUN
ajeer-2399	623	37	(	(	PUNCT
ajeer-2399	623	38	𝐘𝟖	𝐘𝟖	PROPN
ajeer-2399	623	39	)	)	PUNCT
ajeer-2399	623	40	0.303	0.303	NUM
ajeer-2399	623	41	*	*	PUNCT
ajeer-2399	623	42	*	*	PUNCT
ajeer-2399	623	43	*	*	PUNCT
ajeer-2399	623	44	-2.697	-2.697	PUNCT
ajeer-2399	623	45	0.078	0.078	NUM
ajeer-2399	623	46	(	(	PUNCT
ajeer-2399	623	47	0.006	0.006	NUM
ajeer-2399	623	48	)	)	PUNCT
ajeer-2399	623	49	corporate	corporate	ADJ
ajeer-2399	623	50	income	income	NOUN
ajeer-2399	623	51	or	or	CCONJ
ajeer-2399	623	52	profit	profit	NOUN
ajeer-2399	623	53	tax	tax	NOUN
ajeer-2399	623	54	(	(	PUNCT
ajeer-2399	623	55	𝐘𝟗	𝐘𝟗	PROPN
ajeer-2399	623	56	)	)	PUNCT
ajeer-2399	623	57	0.289	0.289	NUM
ajeer-2399	623	58	*	*	PUNCT
ajeer-2399	623	59	*	*	PUNCT
ajeer-2399	623	60	*	*	PUNCT
ajeer-2399	623	61	-10.034	-10.034	NUM
ajeer-2399	623	62	0.000	0.000	NUM
ajeer-2399	623	63	(	(	PUNCT
ajeer-2399	623	64	0.008	0.008	NUM
ajeer-2399	623	65	)	)	PUNCT
ajeer-2399	623	66	domestic	domestic	ADJ
ajeer-2399	623	67	vat	vat	NOUN
ajeer-2399	623	68	(	(	PUNCT
ajeer-2399	623	69	𝐘𝟏𝟎	𝐘𝟏𝟎	PROPN
ajeer-2399	623	70	)	)	PUNCT
ajeer-2399	623	71	0.276	0.276	NUM
ajeer-2399	623	72	*	*	PUNCT
ajeer-2399	623	73	*	*	PUNCT
ajeer-2399	623	74	*	*	PUNCT
ajeer-2399	623	75	-5.155	-5.155	PUNCT
ajeer-2399	623	76	0.000	0.000	NUM
ajeer-2399	623	77	(	(	PUNCT
ajeer-2399	623	78	0.013	0.013	NUM
ajeer-2399	623	79	)	)	PUNCT
ajeer-2399	623	80	import	import	NOUN
ajeer-2399	623	81	vat	vat	NOUN
ajeer-2399	623	82	(	(	PUNCT
ajeer-2399	623	83	𝐘𝟏𝟏	𝐘𝟏𝟏	PROPN
ajeer-2399	623	84	)	)	PUNCT
ajeer-2399	623	85	0.287	0.287	NUM
ajeer-2399	623	86	*	*	PUNCT
ajeer-2399	623	87	*	*	PUNCT
ajeer-2399	623	88	*	*	PUNCT
ajeer-2399	623	89	-4.715	-4.715	NOUN
ajeer-2399	623	90	0.000	0.000	NUM
ajeer-2399	623	91	(	(	PUNCT
ajeer-2399	623	92	0.008	0.008	NUM
ajeer-2399	623	93	)	)	PUNCT
ajeer-2399	623	94	note	note	NOUN
ajeer-2399	623	95	:	:	PUNCT
ajeer-2399	623	96	standard	standard	ADJ
ajeer-2399	623	97	errors	error	NOUN
ajeer-2399	623	98	are	be	AUX
ajeer-2399	623	99	reported	report	VERB
ajeer-2399	623	100	in	in	ADP
ajeer-2399	623	101	parenthesis	parenthesis	NOUN
ajeer-2399	623	102	.	.	PUNCT
ajeer-2399	624	1	*	*	PUNCT
ajeer-2399	624	2	,	,	PUNCT
ajeer-2399	624	3	*	*	PUNCT
ajeer-2399	624	4	*	*	PUNCT
ajeer-2399	624	5	,	,	PUNCT
ajeer-2399	624	6	and	and	CCONJ
ajeer-2399	624	7	*	*	PUNCT
ajeer-2399	624	8	*	*	PUNCT
ajeer-2399	624	9	*	*	PUNCT
ajeer-2399	624	10	are	be	AUX
ajeer-2399	624	11	significant	significant	ADJ
ajeer-2399	624	12	at	at	ADP
ajeer-2399	624	13	10	10	NUM
ajeer-2399	624	14	%	%	NOUN
ajeer-2399	624	15	,	,	PUNCT
ajeer-2399	624	16	5	5	NUM
ajeer-2399	624	17	%	%	NOUN
ajeer-2399	624	18	,	,	PUNCT
ajeer-2399	624	19	and	and	CCONJ
ajeer-2399	624	20	1	1	NUM
ajeer-2399	624	21	%	%	NOUN
ajeer-2399	624	22	,	,	PUNCT
ajeer-2399	624	23	respectively	respectively	ADV
ajeer-2399	624	24	.	.	PUNCT
ajeer-2399	624	25	table	table	NOUN
ajeer-2399	624	26	3	3	NUM
ajeer-2399	624	27	.	.	NOUN
ajeer-2399	624	28	lag	lag	NOUN
ajeer-2399	624	29	selection	selection	NOUN
ajeer-2399	624	30	criteria	criterion	NOUN
ajeer-2399	624	31	of	of	ADP
ajeer-2399	624	32	the	the	DET
ajeer-2399	624	33	state	state	NOUN
ajeer-2399	624	34	variable	variable	NOUN
ajeer-2399	624	35	.	.	PUNCT
ajeer-2399	625	1	lag	lag	PROPN
ajeer-2399	625	2	logl	logl	PROPN
ajeer-2399	625	3	lr	lr	PROPN
ajeer-2399	625	4	fpe	fpe	PROPN
ajeer-2399	625	5	aic	aic	PROPN
ajeer-2399	625	6	sc	sc	PROPN
ajeer-2399	625	7	hq	hq	PROPN
ajeer-2399	625	8	0	0	NUM
ajeer-2399	626	1	-257.299	-257.299	NOUN
ajeer-2399	626	2	na	na	ADP
ajeer-2399	626	3	8.825	8.825	NUM
ajeer-2399	626	4	5.016	5.016	NUM
ajeer-2399	626	5	5.041	5.041	NUM
ajeer-2399	626	6	5.026	5.026	NUM
ajeer-2399	626	7	1	1	NUM
ajeer-2399	626	8	-5.118	-5.118	NUM
ajeer-2399	626	9	494.568	494.568	NUM
ajeer-2399	626	10	0.067	0.067	NUM
ajeer-2399	626	11	0.138	0.138	NUM
ajeer-2399	626	12	0.189	0.189	NUM
ajeer-2399	626	13	0.159	0.159	NUM
ajeer-2399	626	14	2	2	NUM
ajeer-2399	626	15	0.084	0.084	NUM
ajeer-2399	626	16	10.102	10.102	NUM
ajeer-2399	626	17	0.062	0.062	NUM
ajeer-2399	626	18	0.057	0.057	NUM
ajeer-2399	626	19	0.133	0.133	NUM
ajeer-2399	627	1	0.088	0.088	NUM
ajeer-2399	627	2	3	3	NUM
ajeer-2399	627	3	7.206	7.206	NUM
ajeer-2399	627	4	13.689	13.689	NUM
ajeer-2399	627	5	*	*	SYM
ajeer-2399	627	6	0.055	0.055	NUM
ajeer-2399	627	7	-0.062	-0.062	NUM
ajeer-2399	627	8	0.040	0.040	NUM
ajeer-2399	627	9	*	*	PUNCT
ajeer-2399	627	10	-0.021	-0.021	NUM
ajeer-2399	627	11	4	4	NUM
ajeer-2399	627	12	8.953	8.953	NUM
ajeer-2399	627	13	3.325	3.325	NUM
ajeer-2399	627	14	0.054	0.054	NUM
ajeer-2399	627	15	*	*	PUNCT
ajeer-2399	627	16	-0.076	-0.076	PROPN
ajeer-2399	627	17	*	*	PROPN
ajeer-2399	627	18	0.051	0.051	NUM
ajeer-2399	627	19	-0.024	-0.024	NUM
ajeer-2399	627	20	*	*	SYM
ajeer-2399	627	21	5	5	NUM
ajeer-2399	627	22	8.970	8.970	NUM
ajeer-2399	627	23	0.032	0.032	NUM
ajeer-2399	627	24	0.055	0.055	NUM
ajeer-2399	627	25	-0.058	-0.058	PUNCT
ajeer-2399	627	26	0.096	0.096	NUM
ajeer-2399	627	27	0.004	0.004	NUM
ajeer-2399	627	28	note	note	NOUN
ajeer-2399	627	29	:	:	PUNCT
ajeer-2399	627	30	*	*	PUNCT
ajeer-2399	627	31	suggests	suggest	VERB
ajeer-2399	627	32	the	the	DET
ajeer-2399	627	33	lag	lag	NOUN
ajeer-2399	627	34	selection	selection	NOUN
ajeer-2399	627	35	.	.	PUNCT
ajeer-2399	628	1	table	table	NOUN
ajeer-2399	628	2	4	4	NUM
ajeer-2399	628	3	.	.	PUNCT
ajeer-2399	629	1	dfm	dfm	PROPN
ajeer-2399	629	2	results	result	NOUN
ajeer-2399	629	3	.	.	PUNCT
ajeer-2399	630	1	parameter	parameter	PROPN
ajeer-2399	630	2	name	name	PROPN
ajeer-2399	630	3	coef	coef	PROPN
ajeer-2399	630	4	.	.	PUNCT
ajeer-2399	631	1	sd	sd	ADP
ajeer-2399	631	2	z	z	NOUN
ajeer-2399	631	3	-	-	PUNCT
ajeer-2399	631	4	statistic	statistic	ADJ
ajeer-2399	631	5	p	p	NOUN
ajeer-2399	631	6	-	-	PUNCT
ajeer-2399	631	7	value	value	NOUN
ajeer-2399	631	8	𝛂𝟏𝟏	𝛂𝟏𝟏	NOUN
ajeer-2399	631	9	-0.002	-0.002	PUNCT
ajeer-2399	631	10	0.004	0.004	NUM
ajeer-2399	631	11	-0.578	-0.578	NUM
ajeer-2399	631	12	0.563	0.563	NUM
ajeer-2399	631	13	𝛂𝟏𝟐	𝛂𝟏𝟐	NOUN
ajeer-2399	631	14	0.109	0.109	NUM
ajeer-2399	631	15	0.012	0.012	NUM
ajeer-2399	631	16	8.718	8.718	NUM
ajeer-2399	631	17	0.000	0.000	NUM
ajeer-2399	631	18	𝛂𝟏𝟑	𝛂𝟏𝟑	NOUN
ajeer-2399	631	19	-0.029	-0.029	PROPN
ajeer-2399	631	20	0.013	0.013	NUM
ajeer-2399	631	21	-2.194	-2.194	NUM
ajeer-2399	631	22	0.028	0.028	NUM
ajeer-2399	631	23	𝛂𝟐𝟑	𝛂𝟐𝟑	NOUN
ajeer-2399	631	24	0.151	0.151	NUM
ajeer-2399	631	25	0.025	0.025	NUM
ajeer-2399	631	26	6.116	6.116	NUM
ajeer-2399	631	27	0.000	0.000	NUM
ajeer-2399	631	28	𝛂𝟑𝟑	𝛂𝟑𝟑	NOUN
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ajeer-2399	631	32	0.331	0.331	NUM
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ajeer-2399	631	40	0.213	0.213	NUM
ajeer-2399	631	41	1.536	1.536	NUM
ajeer-2399	631	42	0.125	0.125	NUM
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ajeer-2399	631	54	=	=	SYM
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ajeer-2399	634	1	𝐞𝐜𝟏	𝐞𝐜𝟏	PROPN
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ajeer-2399	635	14	=	=	SYM
ajeer-2399	635	15	𝐞𝐜𝟑	𝐞𝐜𝟑	PROPN
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ajeer-2399	635	19	-4.807	-4.807	SYM
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ajeer-2399	635	21	var(𝐮𝟒𝐭	var(𝐮𝟒𝐭	PROPN
ajeer-2399	635	22	=	=	SYM
ajeer-2399	635	23	𝐞𝐜𝟒	𝐞𝐜𝟒	PROPN
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ajeer-2399	635	30	=	=	SYM
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ajeer-2399	635	77	var(𝐮𝟏𝟏𝐭	var(𝐮𝟏𝟏𝐭	X
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ajeer-2399	635	80	)	)	PUNCT
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ajeer-2399	635	84	0.000	0.000	NUM
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ajeer-2399	635	86	2.693	2.693	NUM
ajeer-2399	635	87	0.021	0.021	NUM
ajeer-2399	635	88	129.587	129.587	NUM
ajeer-2399	635	89	0.000	0.000	NUM
ajeer-2399	635	90	𝛉𝟐	𝛉𝟐	NOUN
ajeer-2399	635	91	-3.257	-3.257	PUNCT
ajeer-2399	635	92	0.028	0.028	NUM
ajeer-2399	635	93	-115.488	-115.488	NUM
ajeer-2399	635	94	0.000	0.000	NUM
ajeer-2399	635	95	𝛉𝟑	𝛉𝟑	NOUN
ajeer-2399	635	96	2.420	2.420	NUM
ajeer-2399	635	97	0.008	0.008	NUM
ajeer-2399	635	98	295.654	295.654	NUM
ajeer-2399	635	99	0.000	0.000	NUM
ajeer-2399	635	100	𝛉𝟒	𝛉𝟒	ADJ
ajeer-2399	635	101	-0.856	-0.856	NOUN
ajeer-2399	635	102	0.005	0.005	NUM
ajeer-2399	635	103	-160.035	-160.035	NUM
ajeer-2399	635	104	0.000	0.000	NUM
ajeer-2399	635	105	note	note	NOUN
ajeer-2399	635	106	:	:	PUNCT
ajeer-2399	635	107	dfm	dfm	PROPN
ajeer-2399	635	108	estimation	estimation	NOUN
ajeer-2399	635	109	.	.	PUNCT
ajeer-2399	636	1	asian	asian	ADJ
ajeer-2399	636	2	journal	journal	PROPN
ajeer-2399	636	3	of	of	ADP
ajeer-2399	636	4	economics	economic	NOUN
ajeer-2399	636	5	and	and	CCONJ
ajeer-2399	636	6	empirical	empirical	ADJ
ajeer-2399	636	7	research	research	NOUN
ajeer-2399	636	8	,	,	PUNCT
ajeer-2399	636	9	2020	2020	NUM
ajeer-2399	636	10	,	,	PUNCT
ajeer-2399	636	11	7(2	7(2	NUM
ajeer-2399	636	12	):	):	PUNCT
ajeer-2399	636	13	268	268	NUM
ajeer-2399	636	14	-	-	SYM
ajeer-2399	636	15	281	281	NUM
ajeer-2399	636	16	279	279	NUM
ajeer-2399	636	17	©	©	ADP
ajeer-2399	636	18	2020	2020	NUM
ajeer-2399	636	19	by	by	ADP
ajeer-2399	636	20	the	the	DET
ajeer-2399	636	21	authors	author	NOUN
ajeer-2399	636	22	;	;	PUNCT
ajeer-2399	636	23	licensee	licensee	PROPN
ajeer-2399	636	24	asian	asian	ADJ
ajeer-2399	636	25	online	online	PROPN
ajeer-2399	636	26	journal	journal	PROPN
ajeer-2399	636	27	publishing	publishing	NOUN
ajeer-2399	636	28	group	group	PROPN
ajeer-2399	636	29	state	state	NOUN
ajeer-2399	636	30	variable	variable	ADJ
ajeer-2399	636	31	name	name	NOUN
ajeer-2399	636	32	final	final	ADJ
ajeer-2399	636	33	state	state	NOUN
ajeer-2399	636	34	root	root	NOUN
ajeer-2399	636	35	mse	mse	PROPN
ajeer-2399	636	36	z	z	PROPN
ajeer-2399	636	37	-	-	PUNCT
ajeer-2399	636	38	statistic	statistic	ADJ
ajeer-2399	636	39	prob	prob	NOUN
ajeer-2399	636	40	.	.	PUNCT
ajeer-2399	637	1	sv1	sv1	PROPN
ajeer-2399	638	1	6.088	6.088	NUM
ajeer-2399	638	2	0.183	0.183	NUM
ajeer-2399	638	3	33.292	33.292	NUM
ajeer-2399	638	4	0.000	0.000	NUM
ajeer-2399	638	5	sv2	sv2	NOUN
ajeer-2399	638	6	6.022	6.022	NUM
ajeer-2399	638	7	0.151	0.151	NUM
ajeer-2399	638	8	39.841	39.841	NUM
ajeer-2399	638	9	0.000	0.000	NUM
ajeer-2399	638	10	sv3	sv3	NOUN
ajeer-2399	638	11	5.922	5.922	NUM
ajeer-2399	638	12	0.124	0.124	NUM
ajeer-2399	638	13	47.703	47.703	NUM
ajeer-2399	638	14	0.000	0.000	NUM
ajeer-2399	638	15	sv4	sv4	NOUN
ajeer-2399	638	16	5.787	5.787	NUM
ajeer-2399	638	17	0.098	0.098	NUM
ajeer-2399	638	18	59.142	59.142	NUM
ajeer-2399	638	19	0.000	0.000	NUM
ajeer-2399	638	20	log	log	NOUN
ajeer-2399	638	21	likelihood	likelihood	NOUN
ajeer-2399	638	22	135.599	135.599	NUM
ajeer-2399	638	23	akaike	akaike	ADJ
ajeer-2399	638	24	info	info	NOUN
ajeer-2399	638	25	criterion	criterion	NOUN
ajeer-2399	638	26	-1.940	-1.940	PUNCT
ajeer-2399	638	27	parameters	parameter	NOUN
ajeer-2399	638	28	25	25	NUM
ajeer-2399	638	29	schwarz	schwarz	NOUN
ajeer-2399	638	30	criterion	criterion	NOUN
ajeer-2399	638	31	-1.340	-1.340	NOUN
ajeer-2399	638	32	diffuse	diffuse	PROPN
ajeer-2399	638	33	priors	prior	NOUN
ajeer-2399	638	34	0	0	NUM
ajeer-2399	638	35	hannan	hannan	PROPN
ajeer-2399	638	36	–	–	PUNCT
ajeer-2399	638	37	quinn	quinn	NOUN
ajeer-2399	638	38	criteria	criterion	NOUN
ajeer-2399	638	39	.	.	PUNCT
ajeer-2399	639	1	-1.697	-1.697	PUNCT
ajeer-2399	639	2	note	note	VERB
ajeer-2399	639	3	:	:	PUNCT
ajeer-2399	639	4	dfm	dfm	PROPN
ajeer-2399	639	5	estimation	estimation	NOUN
ajeer-2399	639	6	.	.	PUNCT
ajeer-2399	640	1	table	table	NOUN
ajeer-2399	640	2	5	5	NUM
ajeer-2399	640	3	.	.	PUNCT
ajeer-2399	641	1	the	the	DET
ajeer-2399	641	2	impact	impact	NOUN
ajeer-2399	641	3	of	of	ADP
ajeer-2399	641	4	the	the	DET
ajeer-2399	641	5	state	state	NOUN
ajeer-2399	641	6	of	of	ADP
ajeer-2399	641	7	the	the	DET
ajeer-2399	641	8	economy	economy	NOUN
ajeer-2399	641	9	on	on	ADP
ajeer-2399	641	10	fdi	fdi	ADJ
ajeer-2399	641	11	inflow	inflow	NOUN
ajeer-2399	641	12	(	(	PUNCT
ajeer-2399	641	13	conditional	conditional	ADJ
ajeer-2399	641	14	error	error	NOUN
ajeer-2399	641	15	correction	correction	NOUN
ajeer-2399	641	16	form	form	NOUN
ajeer-2399	641	17	and	and	CCONJ
ajeer-2399	641	18	bound	bound	ADJ
ajeer-2399	641	19	test	test	NOUN
ajeer-2399	641	20	)	)	PUNCT
ajeer-2399	641	21	.	.	PUNCT
ajeer-2399	642	1	dependent	dependent	ADJ
ajeer-2399	642	2	variable	variable	ADJ
ajeer-2399	642	3	∆fdi	∆fdi	ADJ
ajeer-2399	642	4	state	state	NOUN
ajeer-2399	642	5	(	(	PUNCT
ajeer-2399	642	6	kalman	kalman	PROPN
ajeer-2399	642	7	smoother	smoother	PROPN
ajeer-2399	642	8	)	)	PUNCT
ajeer-2399	642	9	state	state	PROPN
ajeer-2399	642	10	(	(	PUNCT
ajeer-2399	642	11	kalman	kalman	PROPN
ajeer-2399	642	12	filter	filter	PROPN
ajeer-2399	642	13	)	)	PUNCT
ajeer-2399	642	14	state	state	NOUN
ajeer-2399	642	15	(	(	PUNCT
ajeer-2399	642	16	principal	principal	ADJ
ajeer-2399	642	17	component	component	NOUN
ajeer-2399	642	18	)	)	PUNCT
ajeer-2399	642	19	coefficient	coefficient	NOUN
ajeer-2399	642	20	coefficient	coefficient	NOUN
ajeer-2399	642	21	coefficient	coefficient	NOUN
ajeer-2399	642	22	coefficient	coefficient	NOUN
ajeer-2399	642	23	coefficient	coefficient	NOUN
ajeer-2399	642	24	coefficient	coefficient	NOUN
ajeer-2399	642	25	fdi	fdi	PROPN
ajeer-2399	642	26	(	(	PUNCT
ajeer-2399	642	27	-1	-1	ADJ
ajeer-2399	642	28	)	)	PUNCT
ajeer-2399	642	29	-1.201	-1.201	PUNCT
ajeer-2399	642	30	*	*	PUNCT
ajeer-2399	642	31	*	*	PUNCT
ajeer-2399	642	32	*	*	PUNCT
ajeer-2399	643	1	-1.522	-1.522	PUNCT
ajeer-2399	644	1	*	*	PUNCT
ajeer-2399	644	2	*	*	PUNCT
ajeer-2399	644	3	*	*	PUNCT
ajeer-2399	644	4	-1.099	-1.099	PROPN
ajeer-2399	644	5	*	*	PUNCT
ajeer-2399	644	6	*	*	PUNCT
ajeer-2399	644	7	*	*	PUNCT
ajeer-2399	644	8	-1.221	-1.221	NOUN
ajeer-2399	644	9	*	*	PUNCT
ajeer-2399	644	10	*	*	PUNCT
ajeer-2399	644	11	*	*	PUNCT
ajeer-2399	644	12	-0.888	-0.888	PUNCT
ajeer-2399	644	13	*	*	PUNCT
ajeer-2399	644	14	*	*	PUNCT
ajeer-2399	644	15	*	*	PUNCT
ajeer-2399	645	1	-0.600	-0.600	PROPN
ajeer-2399	645	2	*	*	PUNCT
ajeer-2399	645	3	*	*	PUNCT
ajeer-2399	645	4	(	(	PUNCT
ajeer-2399	645	5	0.246	0.246	NUM
ajeer-2399	645	6	)	)	PUNCT
ajeer-2399	645	7	(	(	PUNCT
ajeer-2399	645	8	0.335	0.335	NUM
ajeer-2399	645	9	)	)	PUNCT
ajeer-2399	645	10	(	(	PUNCT
ajeer-2399	645	11	0.237	0.237	NUM
ajeer-2399	645	12	)	)	PUNCT
ajeer-2399	645	13	(	(	PUNCT
ajeer-2399	645	14	0.289	0.289	NUM
ajeer-2399	645	15	)	)	PUNCT
ajeer-2399	645	16	(	(	PUNCT
ajeer-2399	645	17	0.213	0.213	NUM
ajeer-2399	645	18	)	)	PUNCT
ajeer-2399	645	19	(	(	PUNCT
ajeer-2399	645	20	0.216	0.216	NUM
ajeer-2399	645	21	)	)	PUNCT
ajeer-2399	645	22	state	state	NOUN
ajeer-2399	645	23	(	(	PUNCT
ajeer-2399	645	24	-1	-1	ADJ
ajeer-2399	645	25	)	)	PUNCT
ajeer-2399	645	26	-11.761	-11.761	PUNCT
ajeer-2399	646	1	*	*	PUNCT
ajeer-2399	646	2	*	*	PUNCT
ajeer-2399	646	3	*	*	PUNCT
ajeer-2399	646	4	-17.756	-17.756	PUNCT
ajeer-2399	647	1	*	*	PUNCT
ajeer-2399	648	1	*	*	PUNCT
ajeer-2399	648	2	*	*	PUNCT
ajeer-2399	648	3	-10.073	-10.073	NOUN
ajeer-2399	648	4	*	*	PUNCT
ajeer-2399	648	5	*	*	PUNCT
ajeer-2399	648	6	*	*	PUNCT
ajeer-2399	648	7	-13.657	-13.657	INTJ
ajeer-2399	648	8	*	*	PUNCT
ajeer-2399	648	9	*	*	PUNCT
ajeer-2399	648	10	-6.932	-6.932	PUNCT
ajeer-2399	648	11	*	*	PUNCT
ajeer-2399	648	12	*	*	PUNCT
ajeer-2399	648	13	*	*	PUNCT
ajeer-2399	648	14	-4.686	-4.686	PUNCT
ajeer-2399	648	15	*	*	PUNCT
ajeer-2399	648	16	(	(	PUNCT
ajeer-2399	648	17	3.696	3.696	NUM
ajeer-2399	648	18	)	)	PUNCT
ajeer-2399	648	19	(	(	PUNCT
ajeer-2399	648	20	5.353	5.353	NUM
ajeer-2399	648	21	)	)	PUNCT
ajeer-2399	648	22	(	(	PUNCT
ajeer-2399	648	23	3.466	3.466	NUM
ajeer-2399	648	24	)	)	PUNCT
ajeer-2399	648	25	(	(	PUNCT
ajeer-2399	648	26	4.687	4.687	NUM
ajeer-2399	648	27	)	)	PUNCT
ajeer-2399	648	28	(	(	PUNCT
ajeer-2399	648	29	2.238	2.238	NUM
ajeer-2399	648	30	)	)	PUNCT
ajeer-2399	648	31	(	(	PUNCT
ajeer-2399	648	32	2.540	2.540	NUM
ajeer-2399	648	33	)	)	PUNCT
ajeer-2399	648	34	∆state	∆state	PROPN
ajeer-2399	648	35	-734.797	-734.797	PROPN
ajeer-2399	648	36	*	*	PUNCT
ajeer-2399	648	37	*	*	PUNCT
ajeer-2399	648	38	-1022.636	-1022.636	PUNCT
ajeer-2399	648	39	*	*	PUNCT
ajeer-2399	648	40	*	*	PUNCT
ajeer-2399	649	1	-645.575	-645.575	PUNCT
ajeer-2399	649	2	*	*	PUNCT
ajeer-2399	649	3	*	*	PUNCT
ajeer-2399	650	1	-910.541	-910.541	PROPN
ajeer-2399	650	2	*	*	NOUN
ajeer-2399	650	3	*	*	PUNCT
ajeer-2399	650	4	-482.953	-482.953	PROPN
ajeer-2399	650	5	*	*	X
ajeer-2399	650	6	*	*	PUNCT
ajeer-2399	650	7	-494.055	-494.055	PUNCT
ajeer-2399	650	8	*	*	PUNCT
ajeer-2399	650	9	(	(	PUNCT
ajeer-2399	650	10	311.017	311.017	NUM
ajeer-2399	650	11	)	)	PUNCT
ajeer-2399	650	12	(	(	PUNCT
ajeer-2399	650	13	448.914	448.914	NUM
ajeer-2399	650	14	)	)	PUNCT
ajeer-2399	650	15	(	(	PUNCT
ajeer-2399	650	16	293.555	293.555	NUM
ajeer-2399	650	17	)	)	PUNCT
ajeer-2399	650	18	(	(	PUNCT
ajeer-2399	650	19	398.822	398.822	NUM
ajeer-2399	650	20	)	)	PUNCT
ajeer-2399	650	21	(	(	PUNCT
ajeer-2399	650	22	231.853	231.853	NUM
ajeer-2399	650	23	)	)	PUNCT
ajeer-2399	650	24	(	(	PUNCT
ajeer-2399	650	25	240.514	240.514	NUM
ajeer-2399	650	26	)	)	PUNCT
ajeer-2399	650	27	∆state	∆state	PROPN
ajeer-2399	650	28	(	(	PUNCT
ajeer-2399	650	29	-1	-1	ADJ
ajeer-2399	650	30	)	)	PUNCT
ajeer-2399	650	31	825.674	825.674	NUM
ajeer-2399	650	32	*	*	PUNCT
ajeer-2399	650	33	*	*	PUNCT
ajeer-2399	651	1	1163.456	1163.456	NUM
ajeer-2399	651	2	*	*	PUNCT
ajeer-2399	651	3	*	*	PUNCT
ajeer-2399	652	1	712.135	712.135	NUM
ajeer-2399	652	2	*	*	PUNCT
ajeer-2399	652	3	*	*	PUNCT
ajeer-2399	652	4	974.933	974.933	NUM
ajeer-2399	652	5	*	*	SYM
ajeer-2399	652	6	*	*	NOUN
ajeer-2399	652	7	503.326	503.326	NUM
ajeer-2399	652	8	*	*	PUNCT
ajeer-2399	652	9	*	*	PUNCT
ajeer-2399	653	1	445.233	445.233	NUM
ajeer-2399	653	2	*	*	PUNCT
ajeer-2399	653	3	(	(	PUNCT
ajeer-2399	653	4	323.556	323.556	NUM
ajeer-2399	653	5	)	)	PUNCT
ajeer-2399	653	6	(	(	PUNCT
ajeer-2399	653	7	463.364	463.364	NUM
ajeer-2399	653	8	)	)	PUNCT
ajeer-2399	653	9	(	(	PUNCT
ajeer-2399	653	10	304.871	304.871	NUM
ajeer-2399	653	11	)	)	PUNCT
ajeer-2399	653	12	(	(	PUNCT
ajeer-2399	653	13	413.627	413.627	NUM
ajeer-2399	653	14	)	)	PUNCT
ajeer-2399	653	15	(	(	PUNCT
ajeer-2399	653	16	228.825	228.825	NUM
ajeer-2399	653	17	)	)	PUNCT
ajeer-2399	653	18	(	(	PUNCT
ajeer-2399	653	19	231.869	231.869	NUM
ajeer-2399	653	20	)	)	PUNCT
ajeer-2399	653	21	∆state	∆state	PROPN
ajeer-2399	653	22	(	(	PUNCT
ajeer-2399	653	23	-2	-2	INTJ
ajeer-2399	653	24	)	)	PUNCT
ajeer-2399	653	25	1.375	1.375	NUM
ajeer-2399	653	26	2.046	2.046	NUM
ajeer-2399	653	27	1.488	1.488	NUM
ajeer-2399	653	28	2.731	2.731	NUM
ajeer-2399	653	29	*	*	PUNCT
ajeer-2399	653	30	0.960	0.960	NUM
ajeer-2399	653	31	1.808	1.808	NUM
ajeer-2399	653	32	*	*	SYM
ajeer-2399	653	33	*	*	PUNCT
ajeer-2399	653	34	(	(	PUNCT
ajeer-2399	653	35	1.369	1.369	NUM
ajeer-2399	653	36	)	)	PUNCT
ajeer-2399	653	37	(	(	PUNCT
ajeer-2399	653	38	2.095	2.095	NUM
ajeer-2399	653	39	)	)	PUNCT
ajeer-2399	653	40	(	(	PUNCT
ajeer-2399	653	41	1.222	1.222	NUM
ajeer-2399	653	42	)	)	PUNCT
ajeer-2399	653	43	(	(	PUNCT
ajeer-2399	653	44	1.453	1.453	NUM
ajeer-2399	653	45	)	)	PUNCT
ajeer-2399	653	46	(	(	PUNCT
ajeer-2399	653	47	0.786	0.786	NUM
ajeer-2399	653	48	)	)	PUNCT
ajeer-2399	653	49	(	(	PUNCT
ajeer-2399	653	50	0.715	0.715	NOUN
ajeer-2399	653	51	)	)	PUNCT
ajeer-2399	653	52	∆state	∆state	PROPN
ajeer-2399	653	53	(	(	PUNCT
ajeer-2399	653	54	-3	-3	INTJ
ajeer-2399	653	55	)	)	PUNCT
ajeer-2399	653	56	0.466	0.466	NUM
ajeer-2399	653	57	0.503	0.503	NUM
ajeer-2399	653	58	0.758	0.758	NUM
ajeer-2399	653	59	1.111	1.111	NUM
ajeer-2399	653	60	0.528	0.528	NUM
ajeer-2399	653	61	0.945	0.945	NUM
ajeer-2399	653	62	*	*	PUNCT
ajeer-2399	653	63	(	(	PUNCT
ajeer-2399	653	64	1.010	1.010	NUM
ajeer-2399	653	65	)	)	PUNCT
ajeer-2399	653	66	(	(	PUNCT
ajeer-2399	653	67	1.151	1.151	NUM
ajeer-2399	653	68	)	)	PUNCT
ajeer-2399	653	69	(	(	PUNCT
ajeer-2399	653	70	0.910	0.910	NUM
ajeer-2399	653	71	)	)	PUNCT
ajeer-2399	653	72	(	(	PUNCT
ajeer-2399	653	73	0.936	0.936	NUM
ajeer-2399	653	74	)	)	PUNCT
ajeer-2399	653	75	(	(	PUNCT
ajeer-2399	653	76	0.490	0.490	NUM
ajeer-2399	653	77	)	)	PUNCT
ajeer-2399	653	78	(	(	PUNCT
ajeer-2399	653	79	0.452	0.452	NUM
ajeer-2399	653	80	)	)	PUNCT
ajeer-2399	653	81	∆exchange	∆exchange	NOUN
ajeer-2399	653	82	rate	rate	NOUN
ajeer-2399	653	83	-0.027	-0.027	PUNCT
ajeer-2399	653	84	-0.133	-0.133	NUM
ajeer-2399	653	85	-0.159	-0.159	PRON
ajeer-2399	653	86	(	(	PUNCT
ajeer-2399	653	87	0.153	0.153	NUM
ajeer-2399	653	88	)	)	PUNCT
ajeer-2399	653	89	(	(	PUNCT
ajeer-2399	653	90	0.112	0.112	NUM
ajeer-2399	653	91	)	)	PUNCT
ajeer-2399	653	92	(	(	PUNCT
ajeer-2399	653	93	0.112	0.112	NUM
ajeer-2399	653	94	)	)	PUNCT
ajeer-2399	653	95	∆expenditure	∆expenditure	NOUN
ajeer-2399	653	96	-0.032	-0.032	ADP
ajeer-2399	653	97	-0.043	-0.043	X
ajeer-2399	653	98	-0.024	-0.024	X
ajeer-2399	653	99	(	(	PUNCT
ajeer-2399	653	100	0.067	0.067	NUM
ajeer-2399	653	101	)	)	PUNCT
ajeer-2399	653	102	(	(	PUNCT
ajeer-2399	653	103	0.048	0.048	NUM
ajeer-2399	653	104	)	)	PUNCT
ajeer-2399	653	105	(	(	PUNCT
ajeer-2399	653	106	0.046	0.046	NUM
ajeer-2399	653	107	)	)	PUNCT
ajeer-2399	653	108	inflation	inflation	NOUN
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ajeer-2399	653	112	*	*	PUNCT
ajeer-2399	653	113	*	*	PUNCT
ajeer-2399	653	114	(	(	PUNCT
ajeer-2399	653	115	0.037	0.037	NUM
ajeer-2399	653	116	)	)	PUNCT
ajeer-2399	653	117	(	(	PUNCT
ajeer-2399	653	118	0.027	0.027	NUM
ajeer-2399	653	119	)	)	PUNCT
ajeer-2399	653	120	(	(	PUNCT
ajeer-2399	653	121	0.022	0.022	NUM
ajeer-2399	653	122	)	)	PUNCT
ajeer-2399	653	123	inflation	inflation	NOUN
ajeer-2399	653	124	(	(	PUNCT
ajeer-2399	653	125	-1	-1	NOUN
ajeer-2399	653	126	)	)	PUNCT
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ajeer-2399	653	130	*	*	PUNCT
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ajeer-2399	653	132	-0.005	-0.005	INTJ
ajeer-2399	653	133	(	(	PUNCT
ajeer-2399	653	134	0.031	0.031	NUM
ajeer-2399	653	135	)	)	PUNCT
ajeer-2399	653	136	(	(	PUNCT
ajeer-2399	653	137	0.021	0.021	NUM
ajeer-2399	653	138	)	)	PUNCT
ajeer-2399	653	139	(	(	PUNCT
ajeer-2399	653	140	0.020	0.020	NUM
ajeer-2399	653	141	)	)	PUNCT
ajeer-2399	653	142	∆revenue	∆revenue	NUM
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ajeer-2399	653	144	-1	-1	ADJ
ajeer-2399	653	145	)	)	PUNCT
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ajeer-2399	653	147	0.141	0.141	NUM
ajeer-2399	653	148	0.029	0.029	NUM
ajeer-2399	653	149	(	(	PUNCT
ajeer-2399	653	150	0.130	0.130	NUM
ajeer-2399	653	151	)	)	PUNCT
ajeer-2399	653	152	(	(	PUNCT
ajeer-2399	653	153	0.092	0.092	NUM
ajeer-2399	653	154	)	)	PUNCT
ajeer-2399	653	155	(	(	PUNCT
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ajeer-2399	653	157	)	)	PUNCT
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ajeer-2399	653	161	0.059	0.059	NUM
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ajeer-2399	653	163	*	*	PUNCT
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ajeer-2399	653	165	0.177	0.177	NUM
ajeer-2399	653	166	)	)	PUNCT
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ajeer-2399	653	168	0.121	0.121	NUM
ajeer-2399	653	169	)	)	PUNCT
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ajeer-2399	653	172	)	)	PUNCT
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ajeer-2399	653	181	)	)	PUNCT
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ajeer-2399	653	184	)	)	PUNCT
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ajeer-2399	653	187	)	)	PUNCT
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ajeer-2399	653	189	of	of	ADP
ajeer-2399	653	190	trade	trade	NOUN
ajeer-2399	653	191	(	(	PUNCT
ajeer-2399	653	192	-1	-1	ADJ
ajeer-2399	653	193	)	)	PUNCT
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ajeer-2399	654	4	(	(	PUNCT
ajeer-2399	654	5	0.416	0.416	NUM
ajeer-2399	654	6	)	)	PUNCT
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ajeer-2399	654	8	0.309	0.309	NUM
ajeer-2399	654	9	)	)	PUNCT
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ajeer-2399	654	12	)	)	PUNCT
ajeer-2399	654	13	∆size	∆size	NUM
ajeer-2399	654	14	of	of	ADP
ajeer-2399	654	15	trade	trade	NOUN
ajeer-2399	654	16	(	(	PUNCT
ajeer-2399	654	17	-2	-2	NOUN
ajeer-2399	654	18	)	)	PUNCT
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ajeer-2399	654	22	*	*	PUNCT
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ajeer-2399	654	24	(	(	PUNCT
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ajeer-2399	654	26	)	)	PUNCT
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ajeer-2399	654	29	)	)	PUNCT
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ajeer-2399	654	31	0.362	0.362	NUM
ajeer-2399	654	32	)	)	PUNCT
ajeer-2399	654	33	∆size	∆size	NUM
ajeer-2399	654	34	of	of	ADP
ajeer-2399	654	35	trade	trade	NOUN
ajeer-2399	654	36	(	(	PUNCT
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ajeer-2399	654	38	)	)	PUNCT
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ajeer-2399	654	42	*	*	PUNCT
ajeer-2399	654	43	*	*	PUNCT
ajeer-2399	654	44	(	(	PUNCT
ajeer-2399	654	45	0.361	0.361	NUM
ajeer-2399	654	46	)	)	PUNCT
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ajeer-2399	654	48	0.235	0.235	NUM
ajeer-2399	654	49	)	)	PUNCT
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ajeer-2399	654	52	)	)	PUNCT
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ajeer-2399	654	54	gap	gap	NOUN
ajeer-2399	654	55	736.209	736.209	NUM
ajeer-2399	654	56	*	*	PUNCT
ajeer-2399	654	57	*	*	PUNCT
ajeer-2399	655	1	1025.025	1025.025	NUM
ajeer-2399	655	2	*	*	NOUN
ajeer-2399	655	3	*	*	PUNCT
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ajeer-2399	655	5	*	*	PUNCT
ajeer-2399	655	6	*	*	PUNCT
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ajeer-2399	655	8	*	*	PUNCT
ajeer-2399	655	9	*	*	PUNCT
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ajeer-2399	655	11	*	*	PUNCT
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ajeer-2399	655	17	)	)	PUNCT
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ajeer-2399	655	19	448.680	448.680	NUM
ajeer-2399	655	20	)	)	PUNCT
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ajeer-2399	655	22	293.343	293.343	NUM
ajeer-2399	655	23	)	)	PUNCT
ajeer-2399	655	24	(	(	PUNCT
ajeer-2399	655	25	398.615	398.615	NUM
ajeer-2399	655	26	)	)	PUNCT
ajeer-2399	655	27	(	(	PUNCT
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ajeer-2399	655	29	)	)	PUNCT
ajeer-2399	655	30	(	(	PUNCT
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ajeer-2399	655	32	)	)	PUNCT
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ajeer-2399	655	36	-1	-1	INTJ
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ajeer-2399	656	17	(	(	PUNCT
ajeer-2399	656	18	630.894	630.894	NUM
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ajeer-2399	656	22	)	)	PUNCT
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ajeer-2399	656	25	)	)	PUNCT
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ajeer-2399	656	27	807.153	807.153	NUM
ajeer-2399	656	28	)	)	PUNCT
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ajeer-2399	656	30	458.646	458.646	NUM
ajeer-2399	656	31	)	)	PUNCT
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ajeer-2399	656	34	)	)	PUNCT
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ajeer-2399	656	37	(	(	PUNCT
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ajeer-2399	656	39	)	)	PUNCT
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ajeer-2399	656	41	*	*	PUNCT
ajeer-2399	656	42	*	*	PUNCT
ajeer-2399	657	1	1161.452	1161.452	NUM
ajeer-2399	657	2	*	*	X
ajeer-2399	657	3	*	*	PUNCT
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ajeer-2399	657	5	*	*	X
ajeer-2399	657	6	*	*	PUNCT
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ajeer-2399	657	9	*	*	PUNCT
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ajeer-2399	657	11	*	*	PUNCT
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ajeer-2399	657	14	*	*	SYM
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ajeer-2399	657	20	)	)	PUNCT
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ajeer-2399	657	23	)	)	PUNCT
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ajeer-2399	657	26	)	)	PUNCT
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ajeer-2399	657	29	)	)	PUNCT
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ajeer-2399	657	32	)	)	PUNCT
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ajeer-2399	657	43	*	*	PUNCT
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ajeer-2399	657	52	)	)	PUNCT
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ajeer-2399	657	58	)	)	PUNCT
ajeer-2399	657	59	(	(	PUNCT
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ajeer-2399	657	61	)	)	PUNCT
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ajeer-2399	657	83	)	)	PUNCT
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ajeer-2399	657	89	)	)	PUNCT
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ajeer-2399	657	92	)	)	PUNCT
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ajeer-2399	657	99	*	*	PUNCT
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ajeer-2399	657	119	)	)	PUNCT
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ajeer-2399	657	131	)	)	PUNCT
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ajeer-2399	657	170	)	)	PUNCT
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ajeer-2399	657	182	):	):	PUNCT
ajeer-2399	657	183	268	268	NUM
ajeer-2399	657	184	-	-	SYM
ajeer-2399	657	185	281	281	NUM
ajeer-2399	657	186	280	280	NUM
ajeer-2399	657	187	©	©	PROPN
ajeer-2399	657	188	2020	2020	NUM
ajeer-2399	657	189	by	by	ADP
ajeer-2399	657	190	the	the	DET
ajeer-2399	657	191	authors	author	NOUN
ajeer-2399	657	192	;	;	PUNCT
ajeer-2399	657	193	licensee	licensee	PROPN
ajeer-2399	657	194	asian	asian	ADJ
ajeer-2399	657	195	online	online	PROPN
ajeer-2399	657	196	journal	journal	PROPN
ajeer-2399	657	197	publishing	publishing	NOUN
ajeer-2399	657	198	group	group	NOUN
ajeer-2399	657	199	𝐑𝟐	𝐑𝟐	VERB
ajeer-2399	657	200	0.648	0.648	NUM
ajeer-2399	657	201	0.858	0.858	NUM
ajeer-2399	657	202	0.723	0.723	NUM
ajeer-2399	657	203	0.920	0.920	NUM
ajeer-2399	657	204	0.751	0.751	NUM
ajeer-2399	657	205	0.937	0.937	NUM
ajeer-2399	657	206	adjusted	adjust	VERB
ajeer-2399	657	207	𝐑𝟐	𝐑𝟐	NOUN
ajeer-2399	657	208	0.437	0.437	NUM
ajeer-2399	657	209	0.547	0.547	NUM
ajeer-2399	657	210	0.557	0.557	NUM
ajeer-2399	657	211	0.743	0.743	NUM
ajeer-2399	657	212	0.602	0.602	NUM
ajeer-2399	657	213	0.797	0.797	NUM
ajeer-2399	657	214	prob	prob	NOUN
ajeer-2399	657	215	(	(	PUNCT
ajeer-2399	657	216	f	f	X
ajeer-2399	657	217	-	-	PUNCT
ajeer-2399	657	218	statistic	statistic	NOUN
ajeer-2399	657	219	)	)	PUNCT
ajeer-2399	657	220	0.013	0.013	NUM
ajeer-2399	657	221	0.050	0.050	NUM
ajeer-2399	657	222	0.002	0.002	NUM
ajeer-2399	657	223	0.005	0.005	NUM
ajeer-2399	657	224	0.001	0.001	NUM
ajeer-2399	657	225	0.002	0.002	NUM
ajeer-2399	657	226	obs	ob	NOUN
ajeer-2399	657	227	.	.	PUNCT
ajeer-2399	658	1	37	37	NUM
ajeer-2399	658	2	37	37	NUM
ajeer-2399	658	3	37	37	NUM
ajeer-2399	658	4	37	37	NUM
ajeer-2399	658	5	37	37	NUM
ajeer-2399	658	6	37	37	NUM
ajeer-2399	658	7	note	note	NOUN
ajeer-2399	658	8	:	:	PUNCT
ajeer-2399	658	9	standard	standard	ADJ
ajeer-2399	658	10	errors	error	NOUN
ajeer-2399	658	11	are	be	AUX
ajeer-2399	658	12	in	in	ADP
ajeer-2399	658	13	parentheses	parenthesis	NOUN
ajeer-2399	658	14	.	.	PUNCT
ajeer-2399	659	1	data	datum	NOUN
ajeer-2399	659	2	are	be	AUX
ajeer-2399	659	3	normalized	normalize	VERB
ajeer-2399	659	4	with	with	ADP
ajeer-2399	659	5	mean	mean	PROPN
ajeer-2399	659	6	0	0	NUM
ajeer-2399	659	7	and	and	CCONJ
ajeer-2399	659	8	standard	standard	ADJ
ajeer-2399	659	9	deviation	deviation	NOUN
ajeer-2399	659	10	1	1	NUM
ajeer-2399	659	11	.	.	PUNCT
ajeer-2399	660	1	*	*	PUNCT
ajeer-2399	660	2	,	,	PUNCT
ajeer-2399	660	3	*	*	PUNCT
ajeer-2399	660	4	*	*	PUNCT
ajeer-2399	660	5	,	,	PUNCT
ajeer-2399	660	6	and	and	CCONJ
ajeer-2399	660	7	*	*	PUNCT
ajeer-2399	660	8	*	*	PUNCT
ajeer-2399	660	9	*	*	PUNCT
ajeer-2399	660	10	are	be	AUX
ajeer-2399	660	11	significant	significant	ADJ
ajeer-2399	660	12	at	at	ADP
ajeer-2399	660	13	10	10	NUM
ajeer-2399	660	14	%	%	NOUN
ajeer-2399	660	15	,	,	PUNCT
ajeer-2399	660	16	5	5	NUM
ajeer-2399	660	17	%	%	NOUN
ajeer-2399	660	18	,	,	PUNCT
ajeer-2399	660	19	and	and	CCONJ
ajeer-2399	660	20	1	1	NUM
ajeer-2399	660	21	%	%	NOUN
ajeer-2399	660	22	,	,	PUNCT
ajeer-2399	660	23	respectively	respectively	ADV
ajeer-2399	660	24	.	.	PUNCT
ajeer-2399	661	1	figure	figure	NOUN
ajeer-2399	661	2	2	2	NUM
ajeer-2399	661	3	.	.	NOUN
ajeer-2399	661	4	seasonal	seasonal	ADJ
ajeer-2399	661	5	and	and	CCONJ
ajeer-2399	661	6	non	non	ADJ
ajeer-2399	661	7	-	-	ADJ
ajeer-2399	661	8	seasonal	seasonal	ADJ
ajeer-2399	661	9	adjusted	adjusted	ADJ
ajeer-2399	661	10	data	datum	NOUN
ajeer-2399	661	11	.	.	PUNCT
ajeer-2399	662	1	figure	figure	VERB
ajeer-2399	662	2	3	3	NUM
ajeer-2399	662	3	.	.	PUNCT
ajeer-2399	663	1	residuals	residual	NOUN
ajeer-2399	663	2	of	of	ADP
ajeer-2399	663	3	ols	ol	NOUN
ajeer-2399	663	4	regression	regression	NOUN
ajeer-2399	663	5	of	of	ADP
ajeer-2399	663	6	each	each	DET
ajeer-2399	663	7	series	series	NOUN
ajeer-2399	663	8	i(1	i(1	PROPN
ajeer-2399	663	9	)	)	PUNCT
ajeer-2399	663	10	on	on	ADP
ajeer-2399	663	11	the	the	DET
ajeer-2399	663	12	state	state	NOUN
ajeer-2399	663	13	variable	variable	ADJ
ajeer-2399	663	14	i(1	i(1	PROPN
ajeer-2399	663	15	)	)	PUNCT
ajeer-2399	663	16	.	.	PUNCT
ajeer-2399	664	1	asian	asian	ADJ
ajeer-2399	664	2	journal	journal	PROPN
ajeer-2399	664	3	of	of	ADP
ajeer-2399	664	4	economics	economic	NOUN
ajeer-2399	664	5	and	and	CCONJ
ajeer-2399	664	6	empirical	empirical	ADJ
ajeer-2399	664	7	research	research	NOUN
ajeer-2399	664	8	,	,	PUNCT
ajeer-2399	664	9	2020	2020	NUM
ajeer-2399	664	10	,	,	PUNCT
ajeer-2399	664	11	7(2	7(2	NUM
ajeer-2399	664	12	):	):	PUNCT
ajeer-2399	664	13	268	268	NUM
ajeer-2399	664	14	-	-	SYM
ajeer-2399	664	15	281	281	NUM
ajeer-2399	664	16	281	281	NUM
ajeer-2399	664	17	©	©	ADP
ajeer-2399	664	18	2020	2020	NUM
ajeer-2399	664	19	by	by	ADP
ajeer-2399	664	20	the	the	DET
ajeer-2399	664	21	authors	author	NOUN
ajeer-2399	664	22	;	;	PUNCT
ajeer-2399	664	23	licensee	licensee	PROPN
ajeer-2399	664	24	asian	asian	ADJ
ajeer-2399	664	25	online	online	PROPN
ajeer-2399	664	26	journal	journal	PROPN
ajeer-2399	664	27	publishing	publishing	NOUN
ajeer-2399	664	28	group	group	NOUN
ajeer-2399	664	29	figure	figure	NOUN
ajeer-2399	664	30	4	4	NUM
ajeer-2399	664	31	.	.	PUNCT
ajeer-2399	665	1	state	state	NOUN
ajeer-2399	665	2	estimation	estimation	NOUN
ajeer-2399	665	3	by	by	ADP
ajeer-2399	665	4	kalman	kalman	PROPN
ajeer-2399	665	5	smoother	smoother	PROPN
ajeer-2399	665	6	and	and	CCONJ
ajeer-2399	665	7	kalman	kalman	PROPN
ajeer-2399	665	8	filter	filter	PROPN
ajeer-2399	665	9	.	.	PUNCT
ajeer-2399	666	1	figure	figure	NOUN
ajeer-2399	666	2	5	5	NUM
ajeer-2399	666	3	.	.	PUNCT
ajeer-2399	666	4	residual	residual	ADJ
ajeer-2399	666	5	diagnostics	diagnostic	NOUN
ajeer-2399	666	6	.	.	PUNCT
ajeer-2399	667	1	asian	asian	ADJ
ajeer-2399	667	2	online	online	PROPN
ajeer-2399	667	3	journal	journal	PROPN
ajeer-2399	667	4	publishing	publishing	NOUN
ajeer-2399	667	5	group	group	NOUN
ajeer-2399	667	6	is	be	AUX
ajeer-2399	667	7	not	not	PART
ajeer-2399	667	8	responsible	responsible	ADJ
ajeer-2399	667	9	or	or	CCONJ
ajeer-2399	667	10	answerable	answerable	ADJ
ajeer-2399	667	11	for	for	ADP
ajeer-2399	667	12	any	any	DET
ajeer-2399	667	13	loss	loss	NOUN
ajeer-2399	667	14	,	,	PUNCT
ajeer-2399	667	15	damage	damage	NOUN
ajeer-2399	667	16	or	or	CCONJ
ajeer-2399	667	17	liability	liability	NOUN
ajeer-2399	667	18	,	,	PUNCT
ajeer-2399	667	19	etc	etc	X
ajeer-2399	667	20	.	.	X
ajeer-2399	667	21	caused	cause	VERB
ajeer-2399	667	22	in	in	ADP
ajeer-2399	667	23	relation	relation	NOUN
ajeer-2399	667	24	to	to	PART
ajeer-2399	667	25	/	/	PUNCT
ajeer-2399	667	26	arising	arise	VERB
ajeer-2399	667	27	out	out	ADP
ajeer-2399	667	28	of	of	ADP
ajeer-2399	667	29	the	the	DET
ajeer-2399	667	30	use	use	NOUN
ajeer-2399	667	31	of	of	ADP
ajeer-2399	667	32	the	the	DET
ajeer-2399	667	33	content	content	NOUN
ajeer-2399	667	34	.	.	PUNCT
ajeer-2399	668	1	any	any	DET
ajeer-2399	668	2	queries	query	NOUN
ajeer-2399	668	3	should	should	AUX
ajeer-2399	668	4	be	be	AUX
ajeer-2399	668	5	directed	direct	VERB
ajeer-2399	668	6	to	to	ADP
ajeer-2399	668	7	the	the	DET
ajeer-2399	668	8	corresponding	corresponding	ADJ
ajeer-2399	668	9	author	author	NOUN
ajeer-2399	668	10	of	of	ADP
ajeer-2399	668	11	the	the	DET
ajeer-2399	668	12	article	article	NOUN
ajeer-2399	668	13	.	.	PUNCT