id	sid	tid	token	lemma	pos
ajeer-3328	1	1	67	67	NUM
ajeer-3328	1	2	©	©	PROPN
ajeer-3328	1	3	2021	2021	NUM
ajeer-3328	1	4	by	by	ADP
ajeer-3328	1	5	the	the	DET
ajeer-3328	1	6	authors	author	NOUN
ajeer-3328	1	7	;	;	PUNCT
ajeer-3328	1	8	licensee	licensee	PROPN
ajeer-3328	1	9	asian	asian	ADJ
ajeer-3328	1	10	online	online	PROPN
ajeer-3328	1	11	journal	journal	PROPN
ajeer-3328	1	12	publishing	publishing	PROPN
ajeer-3328	1	13	group	group	PROPN
ajeer-3328	1	14	asian	asian	PROPN
ajeer-3328	1	15	journal	journal	PROPN
ajeer-3328	1	16	of	of	ADP
ajeer-3328	1	17	economics	economic	NOUN
ajeer-3328	1	18	and	and	CCONJ
ajeer-3328	1	19	empirical	empirical	ADJ
ajeer-3328	1	20	research	research	NOUN
ajeer-3328	1	21	vol	vol	NOUN
ajeer-3328	1	22	.	.	PROPN
ajeer-3328	1	23	8	8	NUM
ajeer-3328	1	24	,	,	PUNCT
ajeer-3328	1	25	no	no	INTJ
ajeer-3328	1	26	.	.	NOUN
ajeer-3328	1	27	2	2	NUM
ajeer-3328	1	28	,	,	PUNCT
ajeer-3328	1	29	67	67	NUM
ajeer-3328	1	30	-	-	SYM
ajeer-3328	1	31	72	72	NUM
ajeer-3328	1	32	,	,	PUNCT
ajeer-3328	1	33	2021	2021	NUM
ajeer-3328	1	34	issn(e	issn(e	NOUN
ajeer-3328	1	35	)	)	PUNCT
ajeer-3328	1	36	2409	2409	NUM
ajeer-3328	1	37	-	-	SYM
ajeer-3328	1	38	2622	2622	NUM
ajeer-3328	1	39	/	/	SYM
ajeer-3328	1	40	issn(p	issn(p	PROPN
ajeer-3328	1	41	)	)	PUNCT
ajeer-3328	1	42	2518	2518	NUM
ajeer-3328	1	43	-	-	PUNCT
ajeer-3328	1	44	010x	010x	ADJ
ajeer-3328	1	45	doi	doi	NOUN
ajeer-3328	1	46	:	:	PUNCT
ajeer-3328	1	47	10.20448	10.20448	NUM
ajeer-3328	1	48	/	/	SYM
ajeer-3328	1	49	journal.501.2021.82.67.72	journal.501.2021.82.67.72	PROPN
ajeer-3328	1	50	©	©	PROPN
ajeer-3328	1	51	2021	2021	NUM
ajeer-3328	1	52	by	by	ADP
ajeer-3328	1	53	the	the	DET
ajeer-3328	1	54	authors	author	NOUN
ajeer-3328	1	55	;	;	PUNCT
ajeer-3328	1	56	licensee	licensee	PROPN
ajeer-3328	1	57	asian	asian	ADJ
ajeer-3328	1	58	online	online	PROPN
ajeer-3328	1	59	journal	journal	PROPN
ajeer-3328	1	60	publishing	publishing	NOUN
ajeer-3328	1	61	group	group	NOUN
ajeer-3328	1	62	examining	examine	VERB
ajeer-3328	1	63	the	the	DET
ajeer-3328	1	64	impact	impact	NOUN
ajeer-3328	1	65	of	of	ADP
ajeer-3328	1	66	movements	movement	NOUN
ajeer-3328	1	67	of	of	ADP
ajeer-3328	1	68	the	the	DET
ajeer-3328	1	69	commodity	commodity	NOUN
ajeer-3328	1	70	price	price	NOUN
ajeer-3328	1	71	on	on	ADP
ajeer-3328	1	72	the	the	DET
ajeer-3328	1	73	value	value	NOUN
ajeer-3328	1	74	of	of	ADP
ajeer-3328	1	75	the	the	DET
ajeer-3328	1	76	baltic	baltic	ADJ
ajeer-3328	1	77	dry	dry	ADJ
ajeer-3328	1	78	index	index	NOUN
ajeer-3328	1	79	during	during	ADP
ajeer-3328	1	80	the	the	DET
ajeer-3328	1	81	covid-19	covid-19	PROPN
ajeer-3328	1	82	pandemic	pandemic	ADJ
ajeer-3328	1	83	nikola	nikola	PROPN
ajeer-3328	1	84	radivojevic1	radivojevic1	PROPN
ajeer-3328	1	85	almir	almir	PROPN
ajeer-3328	1	86	muhovic2	muhovic2	PROPN
ajeer-3328	1	87	milica	milica	PROPN
ajeer-3328	1	88	josimovic3	josimovic3	PROPN
ajeer-3328	1	89	miroslav	miroslav	PROPN
ajeer-3328	1	90	pimic4	pimic4	PROPN
ajeer-3328	1	91	(	(	PUNCT
ajeer-3328	1	92			PROPN
ajeer-3328	1	93	corresponding	correspond	VERB
ajeer-3328	1	94	author	author	NOUN
ajeer-3328	1	95	)	)	PUNCT
ajeer-3328	1	96	1academy	1academy	NUM
ajeer-3328	1	97	at	at	ADP
ajeer-3328	1	98	applied	apply	VERB
ajeer-3328	1	99	studies	study	NOUN
ajeer-3328	1	100	sumadia	sumadia	PROPN
ajeer-3328	1	101	,	,	PUNCT
ajeer-3328	1	102	kraguevac	kraguevac	PROPN
ajeer-3328	1	103	,	,	PUNCT
ajeer-3328	1	104	serbia	serbia	PROPN
ajeer-3328	1	105	.	.	PUNCT
ajeer-3328	2	1	email	email	NOUN
ajeer-3328	2	2	:	:	PUNCT
ajeer-3328	2	3	radivojevic034@gmail.com	radivojevic034@gmail.com	X
ajeer-3328	3	1	tel	tel	ADP
ajeer-3328	3	2	:	:	PUNCT
ajeer-3328	3	3	+381600555173	+381600555173	NUM
ajeer-3328	3	4	2institute	2institute	NUM
ajeer-3328	3	5	for	for	ADP
ajeer-3328	3	6	vegetable	vegetable	ADJ
ajeer-3328	3	7	crops	crop	NOUN
ajeer-3328	3	8	,	,	PUNCT
ajeer-3328	3	9	smederevska	smederevska	NOUN
ajeer-3328	3	10	palanka	palanka	PROPN
ajeer-3328	3	11	,	,	PUNCT
ajeer-3328	3	12	serbia	serbia	PROPN
ajeer-3328	3	13	.	.	PUNCT
ajeer-3328	4	1	3university	3university	NUM
ajeer-3328	4	2	of	of	ADP
ajeer-3328	4	3	novi	novi	PROPN
ajeer-3328	4	4	sad	sad	PROPN
ajeer-3328	4	5	,	,	PUNCT
ajeer-3328	4	6	technical	technical	ADJ
ajeer-3328	4	7	faculty	faculty	NOUN
ajeer-3328	4	8	“	"	PUNCT
ajeer-3328	4	9	mihajlo	mihajlo	NOUN
ajeer-3328	4	10	pupin	pupin	NOUN
ajeer-3328	4	11	”	"	PUNCT
ajeer-3328	4	12	,	,	PUNCT
ajeer-3328	4	13	zrenjanin	zrenjanin	PROPN
ajeer-3328	4	14	,	,	PUNCT
ajeer-3328	4	15	serbia	serbia	PROPN
ajeer-3328	4	16	.	.	PUNCT
ajeer-3328	5	1	4valjevo	4valjevo	NUM
ajeer-3328	5	2	city	city	NOUN
ajeer-3328	5	3	government	government	NOUN
ajeer-3328	5	4	,	,	PUNCT
ajeer-3328	5	5	valjevo	valjevo	NOUN
ajeer-3328	5	6	,	,	PUNCT
ajeer-3328	5	7	serbia	serbia	PROPN
ajeer-3328	5	8	.	.	PUNCT
ajeer-3328	6	1	abstract	abstract	ADP
ajeer-3328	6	2	the	the	DET
ajeer-3328	6	3	baltic	baltic	ADJ
ajeer-3328	6	4	dry	dry	ADJ
ajeer-3328	6	5	index	index	NOUN
ajeer-3328	6	6	(	(	PUNCT
ajeer-3328	6	7	bdi	bdi	PROPN
ajeer-3328	6	8	)	)	PUNCT
ajeer-3328	6	9	is	be	AUX
ajeer-3328	6	10	one	one	NUM
ajeer-3328	6	11	of	of	ADP
ajeer-3328	6	12	the	the	DET
ajeer-3328	6	13	most	most	ADV
ajeer-3328	6	14	well	well	ADV
ajeer-3328	6	15	-	-	PUNCT
ajeer-3328	6	16	known	know	VERB
ajeer-3328	6	17	indexes	index	NOUN
ajeer-3328	6	18	,	,	PUNCT
ajeer-3328	6	19	as	as	SCONJ
ajeer-3328	6	20	it	it	PRON
ajeer-3328	6	21	is	be	AUX
ajeer-3328	6	22	perceived	perceive	VERB
ajeer-3328	6	23	to	to	PART
ajeer-3328	6	24	be	be	AUX
ajeer-3328	6	25	a	a	DET
ajeer-3328	6	26	leading	leading	ADJ
ajeer-3328	6	27	indicator	indicator	NOUN
ajeer-3328	6	28	of	of	ADP
ajeer-3328	6	29	economic	economic	ADJ
ajeer-3328	6	30	activity	activity	NOUN
ajeer-3328	6	31	.	.	PUNCT
ajeer-3328	7	1	reductions	reduction	NOUN
ajeer-3328	7	2	in	in	ADP
ajeer-3328	7	3	the	the	DET
ajeer-3328	7	4	movement	movement	NOUN
ajeer-3328	7	5	of	of	ADP
ajeer-3328	7	6	people	people	NOUN
ajeer-3328	7	7	,	,	PUNCT
ajeer-3328	7	8	commodities	commodity	NOUN
ajeer-3328	7	9	,	,	PUNCT
ajeer-3328	7	10	and	and	CCONJ
ajeer-3328	7	11	capital	capital	NOUN
ajeer-3328	7	12	during	during	ADP
ajeer-3328	7	13	economic	economic	ADJ
ajeer-3328	7	14	crises	crisis	NOUN
ajeer-3328	7	15	,	,	PUNCT
ajeer-3328	7	16	such	such	ADJ
ajeer-3328	7	17	as	as	ADP
ajeer-3328	7	18	the	the	DET
ajeer-3328	7	19	financial	financial	ADJ
ajeer-3328	7	20	crisis	crisis	NOUN
ajeer-3328	7	21	of	of	ADP
ajeer-3328	7	22	2008	2008	NUM
ajeer-3328	7	23	and	and	CCONJ
ajeer-3328	7	24	2009	2009	NUM
ajeer-3328	7	25	,	,	PUNCT
ajeer-3328	7	26	as	as	ADV
ajeer-3328	7	27	well	well	ADV
ajeer-3328	7	28	as	as	ADP
ajeer-3328	7	29	the	the	DET
ajeer-3328	7	30	current	current	ADJ
ajeer-3328	7	31	economic	economic	ADJ
ajeer-3328	7	32	crisis	crisis	NOUN
ajeer-3328	7	33	generated	generate	VERB
ajeer-3328	7	34	by	by	ADP
ajeer-3328	7	35	the	the	DET
ajeer-3328	7	36	covid-19	covid-19	PROPN
ajeer-3328	7	37	pandemic	pandemic	NOUN
ajeer-3328	7	38	,	,	PUNCT
ajeer-3328	7	39	were	be	AUX
ajeer-3328	7	40	affected	affect	VERB
ajeer-3328	7	41	by	by	ADP
ajeer-3328	7	42	the	the	DET
ajeer-3328	7	43	reduction	reduction	NOUN
ajeer-3328	7	44	of	of	ADP
ajeer-3328	7	45	economic	economic	ADJ
ajeer-3328	7	46	activities	activity	NOUN
ajeer-3328	7	47	.	.	PUNCT
ajeer-3328	8	1	the	the	DET
ajeer-3328	8	2	paper	paper	NOUN
ajeer-3328	8	3	aims	aim	VERB
ajeer-3328	8	4	to	to	PART
ajeer-3328	8	5	examine	examine	VERB
ajeer-3328	8	6	whether	whether	SCONJ
ajeer-3328	8	7	the	the	DET
ajeer-3328	8	8	changes	change	NOUN
ajeer-3328	8	9	in	in	ADP
ajeer-3328	8	10	these	these	DET
ajeer-3328	8	11	raw	raw	ADJ
ajeer-3328	8	12	materials	material	NOUN
ajeer-3328	8	13	affect	affect	VERB
ajeer-3328	8	14	the	the	DET
ajeer-3328	8	15	changes	change	NOUN
ajeer-3328	8	16	in	in	ADP
ajeer-3328	8	17	the	the	DET
ajeer-3328	8	18	value	value	NOUN
ajeer-3328	8	19	of	of	ADP
ajeer-3328	8	20	the	the	DET
ajeer-3328	8	21	bdi	bdi	PROPN
ajeer-3328	8	22	.	.	PROPN
ajeer-3328	9	1	for	for	ADP
ajeer-3328	9	2	these	these	DET
ajeer-3328	9	3	purposes	purpose	NOUN
ajeer-3328	9	4	,	,	PUNCT
ajeer-3328	9	5	the	the	DET
ajeer-3328	9	6	generalized	generalized	ADJ
ajeer-3328	9	7	method	method	NOUN
ajeer-3328	9	8	of	of	ADP
ajeer-3328	9	9	moments	moment	NOUN
ajeer-3328	9	10	(	(	PUNCT
ajeer-3328	9	11	gmm	gmm	NOUN
ajeer-3328	9	12	)	)	PUNCT
ajeer-3328	9	13	and	and	CCONJ
ajeer-3328	9	14	2sls	2sls	NUM
ajeer-3328	9	15	estimators	estimator	NOUN
ajeer-3328	9	16	are	be	AUX
ajeer-3328	9	17	used	use	VERB
ajeer-3328	9	18	.	.	PUNCT
ajeer-3328	10	1	the	the	DET
ajeer-3328	10	2	results	result	NOUN
ajeer-3328	10	3	show	show	VERB
ajeer-3328	10	4	that	that	SCONJ
ajeer-3328	10	5	different	different	ADJ
ajeer-3328	10	6	raw	raw	ADJ
ajeer-3328	10	7	materials	material	NOUN
ajeer-3328	10	8	have	have	VERB
ajeer-3328	10	9	different	different	ADJ
ajeer-3328	10	10	impacts	impact	NOUN
ajeer-3328	10	11	on	on	ADP
ajeer-3328	10	12	the	the	DET
ajeer-3328	10	13	value	value	NOUN
ajeer-3328	10	14	of	of	ADP
ajeer-3328	10	15	the	the	DET
ajeer-3328	10	16	bdi	bdi	PROPN
ajeer-3328	10	17	,	,	PUNCT
ajeer-3328	10	18	which	which	PRON
ajeer-3328	10	19	indicates	indicate	VERB
ajeer-3328	10	20	that	that	SCONJ
ajeer-3328	10	21	the	the	DET
ajeer-3328	10	22	individual	individual	ADJ
ajeer-3328	10	23	movements	movement	NOUN
ajeer-3328	10	24	of	of	ADP
ajeer-3328	10	25	the	the	DET
ajeer-3328	10	26	value	value	NOUN
ajeer-3328	10	27	of	of	ADP
ajeer-3328	10	28	raw	raw	ADJ
ajeer-3328	10	29	materials	material	NOUN
ajeer-3328	10	30	which	which	PRON
ajeer-3328	10	31	composes	compose	VERB
ajeer-3328	10	32	the	the	DET
ajeer-3328	10	33	bdi	bdi	PROPN
ajeer-3328	10	34	can	can	AUX
ajeer-3328	10	35	not	not	PART
ajeer-3328	10	36	forecast	forecast	VERB
ajeer-3328	10	37	its	its	PRON
ajeer-3328	10	38	movement	movement	NOUN
ajeer-3328	10	39	.	.	PUNCT
ajeer-3328	11	1	keywords	keyword	NOUN
ajeer-3328	11	2	:	:	PUNCT
ajeer-3328	11	3	the	the	DET
ajeer-3328	11	4	baltic	baltic	ADJ
ajeer-3328	11	5	dry	dry	PROPN
ajeer-3328	11	6	index	index	NOUN
ajeer-3328	11	7	,	,	PUNCT
ajeer-3328	11	8	covid-19	covid-19	PROPN
ajeer-3328	11	9	pandemic	pandemic	ADJ
ajeer-3328	11	10	,	,	PUNCT
ajeer-3328	11	11	economic	economic	ADJ
ajeer-3328	11	12	crises	crisis	NOUN
ajeer-3328	11	13	,	,	PUNCT
ajeer-3328	11	14	commodities	commodity	NOUN
ajeer-3328	11	15	,	,	PUNCT
ajeer-3328	11	16	gmm	gmm	PROPN
ajeer-3328	11	17	and	and	CCONJ
ajeer-3328	11	18	2sls	2sls	NUM
ajeer-3328	11	19	estimators	estimator	NOUN
ajeer-3328	11	20	.	.	PUNCT
ajeer-3328	12	1	jel	jel	PROPN
ajeer-3328	12	2	classification	classification	PROPN
ajeer-3328	12	3	:	:	PUNCT
ajeer-3328	12	4	c01	c01	PROPN
ajeer-3328	12	5	,	,	PUNCT
ajeer-3328	12	6	c22	c22	PROPN
ajeer-3328	12	7	,	,	PUNCT
ajeer-3328	12	8	c24	c24	PROPN
ajeer-3328	12	9	,	,	PUNCT
ajeer-3328	12	10	g01	g01	VERB
ajeer-3328	12	11	citation	citation	NOUN
ajeer-3328	12	12	|	|	PROPN
ajeer-3328	12	13	nikola	nikola	PROPN
ajeer-3328	12	14	radivojevic	radivojevic	PROPN
ajeer-3328	12	15	;	;	PUNCT
ajeer-3328	12	16	almir	almir	PROPN
ajeer-3328	12	17	muhovic	muhovic	PROPN
ajeer-3328	12	18	;	;	PUNCT
ajeer-3328	12	19	milica	milica	PROPN
ajeer-3328	12	20	josimovic	josimovic	PROPN
ajeer-3328	12	21	;	;	PUNCT
ajeer-3328	12	22	miroslav	miroslav	ADJ
ajeer-3328	12	23	pimic	pimic	ADJ
ajeer-3328	12	24	(	(	PUNCT
ajeer-3328	12	25	2021	2021	NUM
ajeer-3328	12	26	)	)	PUNCT
ajeer-3328	12	27	.	.	PUNCT
ajeer-3328	13	1	examining	examine	VERB
ajeer-3328	13	2	the	the	DET
ajeer-3328	13	3	impact	impact	NOUN
ajeer-3328	13	4	of	of	ADP
ajeer-3328	13	5	movements	movement	NOUN
ajeer-3328	13	6	of	of	ADP
ajeer-3328	13	7	the	the	DET
ajeer-3328	13	8	commodity	commodity	NOUN
ajeer-3328	13	9	price	price	NOUN
ajeer-3328	13	10	on	on	ADP
ajeer-3328	13	11	the	the	DET
ajeer-3328	13	12	value	value	NOUN
ajeer-3328	13	13	of	of	ADP
ajeer-3328	13	14	the	the	DET
ajeer-3328	13	15	baltic	baltic	ADJ
ajeer-3328	13	16	dry	dry	ADJ
ajeer-3328	13	17	index	index	NOUN
ajeer-3328	13	18	during	during	ADP
ajeer-3328	13	19	the	the	DET
ajeer-3328	13	20	covid-19	covid-19	PROPN
ajeer-3328	13	21	pandemic	pandemic	NOUN
ajeer-3328	13	22	.	.	PUNCT
ajeer-3328	14	1	asian	asian	ADJ
ajeer-3328	14	2	journal	journal	PROPN
ajeer-3328	14	3	of	of	ADP
ajeer-3328	14	4	economics	economic	NOUN
ajeer-3328	14	5	and	and	CCONJ
ajeer-3328	14	6	empirical	empirical	ADJ
ajeer-3328	14	7	research	research	NOUN
ajeer-3328	14	8	,	,	PUNCT
ajeer-3328	14	9	8(2	8(2	NUM
ajeer-3328	14	10	):	):	PUNCT
ajeer-3328	14	11	67	67	NUM
ajeer-3328	14	12	-	-	SYM
ajeer-3328	14	13	72	72	NUM
ajeer-3328	14	14	.	.	PUNCT
ajeer-3328	15	1	history	history	NOUN
ajeer-3328	15	2	:	:	PUNCT
ajeer-3328	15	3	received	receive	VERB
ajeer-3328	15	4	:	:	PUNCT
ajeer-3328	15	5	19	19	NUM
ajeer-3328	15	6	july	july	PROPN
ajeer-3328	15	7	2021	2021	NUM
ajeer-3328	15	8	revised	revise	VERB
ajeer-3328	15	9	:	:	PUNCT
ajeer-3328	15	10	17	17	NUM
ajeer-3328	15	11	august	august	PROPN
ajeer-3328	15	12	2021	2021	NUM
ajeer-3328	15	13	accepted	accept	VERB
ajeer-3328	15	14	:	:	PUNCT
ajeer-3328	15	15	6	6	NUM
ajeer-3328	15	16	september	september	NOUN
ajeer-3328	15	17	2021	2021	NUM
ajeer-3328	15	18	published	publish	VERB
ajeer-3328	15	19	:	:	PUNCT
ajeer-3328	15	20	22	22	NUM
ajeer-3328	15	21	september	september	PROPN
ajeer-3328	15	22	2021	2021	NUM
ajeer-3328	15	23	licensed	license	VERB
ajeer-3328	15	24	:	:	PUNCT
ajeer-3328	15	25	this	this	DET
ajeer-3328	15	26	work	work	NOUN
ajeer-3328	15	27	is	be	AUX
ajeer-3328	15	28	licensed	license	VERB
ajeer-3328	15	29	under	under	ADP
ajeer-3328	15	30	a	a	DET
ajeer-3328	15	31	creative	creative	ADJ
ajeer-3328	15	32	commons	common	NOUN
ajeer-3328	15	33	attribution	attribution	NOUN
ajeer-3328	15	34	3.0	3.0	NUM
ajeer-3328	15	35	license	license	NOUN
ajeer-3328	15	36	publisher	publisher	NOUN
ajeer-3328	15	37	:	:	PUNCT
ajeer-3328	15	38	asian	asian	ADJ
ajeer-3328	15	39	online	online	PROPN
ajeer-3328	15	40	journal	journal	PROPN
ajeer-3328	15	41	publishing	publishing	NOUN
ajeer-3328	15	42	group	group	NOUN
ajeer-3328	15	43	acknowledgement	acknowledgement	NOUN
ajeer-3328	15	44	:	:	PUNCT
ajeer-3328	15	45	all	all	DET
ajeer-3328	15	46	authors	author	NOUN
ajeer-3328	15	47	contributed	contribute	VERB
ajeer-3328	15	48	to	to	ADP
ajeer-3328	15	49	the	the	DET
ajeer-3328	15	50	conception	conception	NOUN
ajeer-3328	15	51	and	and	CCONJ
ajeer-3328	15	52	design	design	NOUN
ajeer-3328	15	53	of	of	ADP
ajeer-3328	15	54	the	the	DET
ajeer-3328	15	55	study	study	NOUN
ajeer-3328	15	56	.	.	PUNCT
ajeer-3328	16	1	funding	funding	NOUN
ajeer-3328	16	2	:	:	PUNCT
ajeer-3328	16	3	this	this	DET
ajeer-3328	16	4	study	study	NOUN
ajeer-3328	16	5	received	receive	VERB
ajeer-3328	16	6	no	no	DET
ajeer-3328	16	7	specific	specific	ADJ
ajeer-3328	16	8	financial	financial	ADJ
ajeer-3328	16	9	support	support	NOUN
ajeer-3328	16	10	.	.	PUNCT
ajeer-3328	17	1	competing	compete	VERB
ajeer-3328	17	2	interests	interest	NOUN
ajeer-3328	17	3	:	:	PUNCT
ajeer-3328	17	4	the	the	DET
ajeer-3328	17	5	authors	author	NOUN
ajeer-3328	17	6	declare	declare	VERB
ajeer-3328	17	7	that	that	SCONJ
ajeer-3328	17	8	they	they	PRON
ajeer-3328	17	9	have	have	VERB
ajeer-3328	17	10	no	no	DET
ajeer-3328	17	11	conflict	conflict	NOUN
ajeer-3328	17	12	of	of	ADP
ajeer-3328	17	13	interests	interest	NOUN
ajeer-3328	17	14	.	.	PUNCT
ajeer-3328	18	1	transparency	transparency	NOUN
ajeer-3328	18	2	:	:	PUNCT
ajeer-3328	18	3	the	the	DET
ajeer-3328	18	4	authors	author	NOUN
ajeer-3328	18	5	confirm	confirm	VERB
ajeer-3328	18	6	that	that	SCONJ
ajeer-3328	18	7	the	the	DET
ajeer-3328	18	8	manuscript	manuscript	NOUN
ajeer-3328	18	9	is	be	AUX
ajeer-3328	18	10	an	an	DET
ajeer-3328	18	11	honest	honest	ADJ
ajeer-3328	18	12	,	,	PUNCT
ajeer-3328	18	13	accurate	accurate	ADJ
ajeer-3328	18	14	,	,	PUNCT
ajeer-3328	18	15	and	and	CCONJ
ajeer-3328	18	16	transparent	transparent	ADJ
ajeer-3328	18	17	account	account	NOUN
ajeer-3328	18	18	of	of	ADP
ajeer-3328	18	19	the	the	DET
ajeer-3328	18	20	study	study	NOUN
ajeer-3328	18	21	;	;	PUNCT
ajeer-3328	18	22	that	that	SCONJ
ajeer-3328	18	23	no	no	DET
ajeer-3328	18	24	vital	vital	ADJ
ajeer-3328	18	25	features	feature	NOUN
ajeer-3328	18	26	of	of	ADP
ajeer-3328	18	27	the	the	DET
ajeer-3328	18	28	study	study	NOUN
ajeer-3328	18	29	have	have	AUX
ajeer-3328	18	30	been	be	AUX
ajeer-3328	18	31	omitted	omit	VERB
ajeer-3328	18	32	;	;	PUNCT
ajeer-3328	18	33	and	and	CCONJ
ajeer-3328	18	34	that	that	SCONJ
ajeer-3328	18	35	any	any	DET
ajeer-3328	18	36	discrepancies	discrepancy	NOUN
ajeer-3328	18	37	from	from	ADP
ajeer-3328	18	38	the	the	DET
ajeer-3328	18	39	study	study	NOUN
ajeer-3328	18	40	as	as	SCONJ
ajeer-3328	18	41	planned	plan	VERB
ajeer-3328	18	42	have	have	AUX
ajeer-3328	18	43	been	be	AUX
ajeer-3328	18	44	explained	explain	VERB
ajeer-3328	18	45	.	.	PUNCT
ajeer-3328	19	1	ethical	ethical	ADJ
ajeer-3328	19	2	:	:	PUNCT
ajeer-3328	19	3	this	this	DET
ajeer-3328	19	4	study	study	NOUN
ajeer-3328	19	5	followed	follow	VERB
ajeer-3328	19	6	all	all	DET
ajeer-3328	19	7	ethical	ethical	ADJ
ajeer-3328	19	8	practices	practice	NOUN
ajeer-3328	19	9	during	during	ADP
ajeer-3328	19	10	writing	writing	NOUN
ajeer-3328	19	11	.	.	PUNCT
ajeer-3328	20	1	contents	content	NOUN
ajeer-3328	20	2	1	1	NUM
ajeer-3328	20	3	.	.	PUNCT
ajeer-3328	21	1	introduction	introduction	NOUN
ajeer-3328	21	2	......................................................................................................................................................................................	......................................................................................................................................................................................	PUNCT
ajeer-3328	22	1	68	68	NUM
ajeer-3328	22	2	2	2	NUM
ajeer-3328	22	3	.	.	PUNCT
ajeer-3328	22	4	literature	literature	NOUN
ajeer-3328	22	5	review	review	PROPN
ajeer-3328	22	6	............................................................................................................................................................................	............................................................................................................................................................................	PUNCT
ajeer-3328	23	1	68	68	NUM
ajeer-3328	23	2	3	3	NUM
ajeer-3328	23	3	.	.	PUNCT
ajeer-3328	23	4	data	datum	NOUN
ajeer-3328	23	5	and	and	CCONJ
ajeer-3328	23	6	methodology	methodology	NOUN
ajeer-3328	23	7	...................................................................................................................................................................	...................................................................................................................................................................	PUNCT
ajeer-3328	24	1	69	69	NUM
ajeer-3328	24	2	4	4	NUM
ajeer-3328	24	3	.	.	PUNCT
ajeer-3328	25	1	empirical	empirical	ADJ
ajeer-3328	25	2	analysis	analysis	NOUN
ajeer-3328	25	3	and	and	CCONJ
ajeer-3328	25	4	discussion	discussion	NOUN
ajeer-3328	25	5	of	of	ADP
ajeer-3328	25	6	results	result	NOUN
ajeer-3328	25	7	...........................................................................................................................	...........................................................................................................................	PUNCT
ajeer-3328	26	1	70	70	NUM
ajeer-3328	26	2	5	5	NUM
ajeer-3328	26	3	.	.	PUNCT
ajeer-3328	26	4	conclusion	conclusion	NOUN
ajeer-3328	26	5	.........................................................................................................................................................................................	.........................................................................................................................................................................................	PUNCT
ajeer-3328	26	6	71	71	NUM
ajeer-3328	26	7	references	reference	NOUN
ajeer-3328	26	8	..............................................................................................................................................................................................	..............................................................................................................................................................................................	VERB
ajeer-3328	27	1	71	71	NUM
ajeer-3328	27	2	mailto:radivojevic034@gmail.com	mailto:radivojevic034@gmail.com	PROPN
ajeer-3328	27	3	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
ajeer-3328	27	4	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
ajeer-3328	27	5	https://www.doi.org/10.20448/journal.501.2021.82.67.72	https://www.doi.org/10.20448/journal.501.2021.82.67.72	PROPN
ajeer-3328	27	6	https://orcid.org/0000-0002-6137-4431	https://orcid.org/0000-0002-6137-4431	PROPN
ajeer-3328	27	7	https://orcid.org/0000-0003-1479-2654	https://orcid.org/0000-0003-1479-2654	PROPN
ajeer-3328	27	8	https://orcid.org/0000-0003-2180-0237	https://orcid.org/0000-0003-2180-0237	PROPN
ajeer-3328	27	9	https://orcid.org/0000-0002-7848-440x	https://orcid.org/0000-0002-7848-440x	PROPN
ajeer-3328	27	10	https://www.doi.org/10.20448/journal.501.2021.82.67.72	https://www.doi.org/10.20448/journal.501.2021.82.67.72	PROPN
ajeer-3328	27	11	https://orcid.org/0000-0002-6137-4431	https://orcid.org/0000-0002-6137-4431	PROPN
ajeer-3328	27	12	https://orcid.org/0000-0003-1479-2654	https://orcid.org/0000-0003-1479-2654	PROPN
ajeer-3328	27	13	https://orcid.org/0000-0003-2180-0237	https://orcid.org/0000-0003-2180-0237	PROPN
ajeer-3328	27	14	https://orcid.org/0000-0002-7848-440x	https://orcid.org/0000-0002-7848-440x	PROPN
ajeer-3328	27	15	https://www.doi.org/10.20448/journal.501.2021.82.67.72	https://www.doi.org/10.20448/journal.501.2021.82.67.72	PROPN
ajeer-3328	27	16	https://orcid.org/0000-0002-6137-4431	https://orcid.org/0000-0002-6137-4431	PROPN
ajeer-3328	27	17	https://orcid.org/0000-0003-1479-2654	https://orcid.org/0000-0003-1479-2654	PROPN
ajeer-3328	27	18	https://orcid.org/0000-0003-2180-0237	https://orcid.org/0000-0003-2180-0237	PROPN
ajeer-3328	27	19	https://orcid.org/0000-0002-7848-440x	https://orcid.org/0000-0002-7848-440x	PROPN
ajeer-3328	27	20	https://www.doi.org/10.20448/journal.501.2021.82.67.72	https://www.doi.org/10.20448/journal.501.2021.82.67.72	PROPN
ajeer-3328	27	21	https://orcid.org/0000-0002-6137-4431	https://orcid.org/0000-0002-6137-4431	PROPN
ajeer-3328	27	22	https://orcid.org/0000-0003-1479-2654	https://orcid.org/0000-0003-1479-2654	PROPN
ajeer-3328	27	23	https://orcid.org/0000-0003-2180-0237	https://orcid.org/0000-0003-2180-0237	PROPN
ajeer-3328	27	24	https://orcid.org/0000-0002-7848-440x	https://orcid.org/0000-0002-7848-440x	PROPN
ajeer-3328	27	25	https://www.doi.org/10.20448/journal.501.2021.82.67.72	https://www.doi.org/10.20448/journal.501.2021.82.67.72	PROPN
ajeer-3328	27	26	https://orcid.org/0000-0002-6137-4431	https://orcid.org/0000-0002-6137-4431	PROPN
ajeer-3328	27	27	https://orcid.org/0000-0003-1479-2654	https://orcid.org/0000-0003-1479-2654	PROPN
ajeer-3328	27	28	https://orcid.org/0000-0003-2180-0237	https://orcid.org/0000-0003-2180-0237	PROPN
ajeer-3328	27	29	https://orcid.org/0000-0002-7848-440x	https://orcid.org/0000-0002-7848-440x	PROPN
ajeer-3328	27	30	https://www.doi.org/10.20448/journal.501.2021.82.67.72	https://www.doi.org/10.20448/journal.501.2021.82.67.72	PROPN
ajeer-3328	27	31	https://orcid.org/0000-0002-6137-4431	https://orcid.org/0000-0002-6137-4431	PROPN
ajeer-3328	27	32	https://orcid.org/0000-0003-1479-2654	https://orcid.org/0000-0003-1479-2654	PROPN
ajeer-3328	27	33	https://orcid.org/0000-0003-2180-0237	https://orcid.org/0000-0003-2180-0237	PROPN
ajeer-3328	27	34	https://orcid.org/0000-0002-7848-440x	https://orcid.org/0000-0002-7848-440x	PROPN
ajeer-3328	27	35	asian	asian	PROPN
ajeer-3328	27	36	journal	journal	PROPN
ajeer-3328	27	37	of	of	ADP
ajeer-3328	27	38	economics	economic	NOUN
ajeer-3328	27	39	and	and	CCONJ
ajeer-3328	27	40	empirical	empirical	ADJ
ajeer-3328	27	41	research	research	NOUN
ajeer-3328	27	42	,	,	PUNCT
ajeer-3328	27	43	2021	2021	NUM
ajeer-3328	27	44	,	,	PUNCT
ajeer-3328	27	45	8(2	8(2	NUM
ajeer-3328	27	46	):	):	PUNCT
ajeer-3328	27	47	67	67	NUM
ajeer-3328	27	48	-	-	SYM
ajeer-3328	27	49	72	72	NUM
ajeer-3328	27	50	68	68	NUM
ajeer-3328	27	51	©	©	PROPN
ajeer-3328	27	52	2021	2021	NUM
ajeer-3328	27	53	by	by	ADP
ajeer-3328	27	54	the	the	DET
ajeer-3328	27	55	authors	author	NOUN
ajeer-3328	27	56	;	;	PUNCT
ajeer-3328	27	57	licensee	licensee	PROPN
ajeer-3328	27	58	asian	asian	ADJ
ajeer-3328	27	59	online	online	PROPN
ajeer-3328	27	60	journal	journal	PROPN
ajeer-3328	27	61	publishing	publishing	NOUN
ajeer-3328	27	62	group	group	NOUN
ajeer-3328	27	63	contribution	contribution	NOUN
ajeer-3328	27	64	of	of	ADP
ajeer-3328	27	65	this	this	DET
ajeer-3328	27	66	paper	paper	NOUN
ajeer-3328	27	67	to	to	ADP
ajeer-3328	27	68	the	the	DET
ajeer-3328	27	69	literature	literature	NOUN
ajeer-3328	27	70	this	this	DET
ajeer-3328	27	71	study	study	NOUN
ajeer-3328	27	72	contributes	contribute	VERB
ajeer-3328	27	73	to	to	ADP
ajeer-3328	27	74	the	the	DET
ajeer-3328	27	75	existing	exist	VERB
ajeer-3328	27	76	literature	literature	NOUN
ajeer-3328	27	77	by	by	ADP
ajeer-3328	27	78	revealing	reveal	VERB
ajeer-3328	27	79	that	that	SCONJ
ajeer-3328	27	80	different	different	ADJ
ajeer-3328	27	81	raw	raw	ADJ
ajeer-3328	27	82	materials	material	NOUN
ajeer-3328	27	83	have	have	VERB
ajeer-3328	27	84	different	different	ADJ
ajeer-3328	27	85	impacts	impact	NOUN
ajeer-3328	27	86	on	on	ADP
ajeer-3328	27	87	the	the	DET
ajeer-3328	27	88	value	value	NOUN
ajeer-3328	27	89	of	of	ADP
ajeer-3328	27	90	the	the	DET
ajeer-3328	27	91	bdi	bdi	PROPN
ajeer-3328	27	92	,	,	PUNCT
ajeer-3328	27	93	which	which	PRON
ajeer-3328	27	94	indicates	indicate	VERB
ajeer-3328	27	95	that	that	SCONJ
ajeer-3328	27	96	,	,	PUNCT
ajeer-3328	27	97	based	base	VERB
ajeer-3328	27	98	on	on	ADP
ajeer-3328	27	99	individual	individual	ADJ
ajeer-3328	27	100	movements	movement	NOUN
ajeer-3328	27	101	,	,	PUNCT
ajeer-3328	27	102	the	the	DET
ajeer-3328	27	103	value	value	NOUN
ajeer-3328	27	104	of	of	ADP
ajeer-3328	27	105	raw	raw	ADJ
ajeer-3328	27	106	materials	material	NOUN
ajeer-3328	27	107	which	which	PRON
ajeer-3328	27	108	composes	compose	VERB
ajeer-3328	27	109	the	the	DET
ajeer-3328	27	110	bdi	bdi	PROPN
ajeer-3328	27	111	can	can	AUX
ajeer-3328	27	112	not	not	PART
ajeer-3328	27	113	forecast	forecast	VERB
ajeer-3328	27	114	its	its	PRON
ajeer-3328	27	115	movement	movement	NOUN
ajeer-3328	27	116	.	.	PUNCT
ajeer-3328	28	1	1	1	X
ajeer-3328	28	2	.	.	X
ajeer-3328	28	3	introduction	introduction	NOUN
ajeer-3328	28	4	the	the	DET
ajeer-3328	28	5	baltic	baltic	ADJ
ajeer-3328	28	6	dry	dry	ADJ
ajeer-3328	28	7	index	index	NOUN
ajeer-3328	28	8	(	(	PUNCT
ajeer-3328	28	9	bdi	bdi	PROPN
ajeer-3328	28	10	)	)	PUNCT
ajeer-3328	28	11	is	be	AUX
ajeer-3328	28	12	one	one	NUM
ajeer-3328	28	13	of	of	ADP
ajeer-3328	28	14	the	the	DET
ajeer-3328	28	15	most	most	ADV
ajeer-3328	28	16	well	well	ADV
ajeer-3328	28	17	-	-	PUNCT
ajeer-3328	28	18	known	know	VERB
ajeer-3328	28	19	indexes	index	NOUN
ajeer-3328	28	20	,	,	PUNCT
ajeer-3328	28	21	and	and	CCONJ
ajeer-3328	28	22	it	it	PRON
ajeer-3328	28	23	is	be	AUX
ajeer-3328	28	24	perceived	perceive	VERB
ajeer-3328	28	25	to	to	PART
ajeer-3328	28	26	be	be	AUX
ajeer-3328	28	27	a	a	DET
ajeer-3328	28	28	leading	leading	ADJ
ajeer-3328	28	29	indicator	indicator	NOUN
ajeer-3328	28	30	of	of	ADP
ajeer-3328	28	31	economic	economic	ADJ
ajeer-3328	28	32	activity	activity	NOUN
ajeer-3328	28	33	.	.	PUNCT
ajeer-3328	29	1	the	the	DET
ajeer-3328	29	2	reason	reason	NOUN
ajeer-3328	29	3	for	for	ADP
ajeer-3328	29	4	this	this	PRON
ajeer-3328	29	5	lies	lie	NOUN
ajeer-3328	29	6	in	in	ADP
ajeer-3328	29	7	the	the	DET
ajeer-3328	29	8	fact	fact	NOUN
ajeer-3328	29	9	that	that	SCONJ
ajeer-3328	29	10	it	it	PRON
ajeer-3328	29	11	reflects	reflect	VERB
ajeer-3328	29	12	changes	change	NOUN
ajeer-3328	29	13	in	in	ADP
ajeer-3328	29	14	supply	supply	NOUN
ajeer-3328	29	15	and	and	CCONJ
ajeer-3328	29	16	demand	demand	NOUN
ajeer-3328	29	17	for	for	ADP
ajeer-3328	29	18	imported	import	VERB
ajeer-3328	29	19	raw	raw	ADJ
ajeer-3328	29	20	materials	material	NOUN
ajeer-3328	29	21	used	use	VERB
ajeer-3328	29	22	in	in	ADP
ajeer-3328	29	23	manufacturing	manufacturing	NOUN
ajeer-3328	29	24	.	.	PUNCT
ajeer-3328	30	1	the	the	DET
ajeer-3328	30	2	prevailing	prevail	VERB
ajeer-3328	30	3	view	view	NOUN
ajeer-3328	30	4	in	in	ADP
ajeer-3328	30	5	professional	professional	ADJ
ajeer-3328	30	6	and	and	CCONJ
ajeer-3328	30	7	academic	academic	ADJ
ajeer-3328	30	8	circles	circle	NOUN
ajeer-3328	30	9	is	be	AUX
ajeer-3328	30	10	that	that	SCONJ
ajeer-3328	30	11	changes	change	NOUN
ajeer-3328	30	12	in	in	ADP
ajeer-3328	30	13	values	value	NOUN
ajeer-3328	30	14	of	of	ADP
ajeer-3328	30	15	this	this	DET
ajeer-3328	30	16	index	index	NOUN
ajeer-3328	30	17	are	be	AUX
ajeer-3328	30	18	a	a	DET
ajeer-3328	30	19	good	good	ADJ
ajeer-3328	30	20	indicator	indicator	NOUN
ajeer-3328	30	21	of	of	ADP
ajeer-3328	30	22	future	future	ADJ
ajeer-3328	30	23	global	global	ADJ
ajeer-3328	30	24	economic	economic	ADJ
ajeer-3328	30	25	activities	activity	NOUN
ajeer-3328	30	26	(	(	PUNCT
ajeer-3328	30	27	faqin	faqin	NOUN
ajeer-3328	30	28	&	&	CCONJ
ajeer-3328	30	29	sim	sim	PROPN
ajeer-3328	30	30	,	,	PUNCT
ajeer-3328	30	31	2013	2013	NUM
ajeer-3328	30	32	)	)	PUNCT
ajeer-3328	30	33	.	.	PUNCT
ajeer-3328	31	1	although	although	SCONJ
ajeer-3328	31	2	,	,	PUNCT
ajeer-3328	31	3	it	it	PRON
ajeer-3328	31	4	should	should	AUX
ajeer-3328	31	5	be	be	AUX
ajeer-3328	31	6	noted	note	VERB
ajeer-3328	31	7	that	that	SCONJ
ajeer-3328	31	8	the	the	DET
ajeer-3328	31	9	bdi	bdi	PROPN
ajeer-3328	31	10	is	be	AUX
ajeer-3328	31	11	not	not	PART
ajeer-3328	31	12	the	the	DET
ajeer-3328	31	13	only	only	ADJ
ajeer-3328	31	14	dry	dry	ADJ
ajeer-3328	31	15	bulk	bulk	ADJ
ajeer-3328	31	16	index	index	NOUN
ajeer-3328	31	17	available	available	ADJ
ajeer-3328	31	18	;	;	PUNCT
ajeer-3328	31	19	it	it	PRON
ajeer-3328	31	20	derives	derive	VERB
ajeer-3328	31	21	its	its	PRON
ajeer-3328	31	22	popularity	popularity	NOUN
ajeer-3328	31	23	from	from	ADP
ajeer-3328	31	24	the	the	DET
ajeer-3328	31	25	fact	fact	NOUN
ajeer-3328	31	26	that	that	PRON
ajeer-3328	31	27	is	be	AUX
ajeer-3328	31	28	the	the	DET
ajeer-3328	31	29	most	most	ADV
ajeer-3328	31	30	comprehensive	comprehensive	ADJ
ajeer-3328	31	31	index	index	NOUN
ajeer-3328	31	32	(	(	PUNCT
ajeer-3328	31	33	for	for	ADP
ajeer-3328	31	34	details	detail	NOUN
ajeer-3328	31	35	see	see	VERB
ajeer-3328	31	36	precision	precision	NOUN
ajeer-3328	31	37	trading	trading	NOUN
ajeer-3328	31	38	systems	system	NOUN
ajeer-3328	31	39	,	,	PUNCT
ajeer-3328	31	40	2013	2013	NUM
ajeer-3328	31	41	)	)	PUNCT
ajeer-3328	31	42	.	.	PUNCT
ajeer-3328	32	1	additionally	additionally	ADV
ajeer-3328	32	2	,	,	PUNCT
ajeer-3328	32	3	it	it	PRON
ajeer-3328	32	4	derives	derive	VERB
ajeer-3328	32	5	its	its	PRON
ajeer-3328	32	6	popularity	popularity	NOUN
ajeer-3328	32	7	from	from	ADP
ajeer-3328	32	8	the	the	DET
ajeer-3328	32	9	fact	fact	NOUN
ajeer-3328	32	10	that	that	SCONJ
ajeer-3328	32	11	a	a	DET
ajeer-3328	32	12	real	real	ADJ
ajeer-3328	32	13	-	-	PUNCT
ajeer-3328	32	14	time	time	NOUN
ajeer-3328	32	15	indicator	indicator	NOUN
ajeer-3328	32	16	is	be	AUX
ajeer-3328	32	17	difficult	difficult	ADJ
ajeer-3328	32	18	to	to	PART
ajeer-3328	32	19	manipulate	manipulate	VERB
ajeer-3328	32	20	,	,	PUNCT
ajeer-3328	32	21	since	since	SCONJ
ajeer-3328	32	22	it	it	PRON
ajeer-3328	32	23	is	be	AUX
ajeer-3328	32	24	driven	drive	VERB
ajeer-3328	32	25	by	by	ADP
ajeer-3328	32	26	clear	clear	ADJ
ajeer-3328	32	27	forces	force	NOUN
ajeer-3328	32	28	of	of	ADP
ajeer-3328	32	29	supply	supply	NOUN
ajeer-3328	32	30	and	and	CCONJ
ajeer-3328	32	31	demand	demand	NOUN
ajeer-3328	32	32	(	(	PUNCT
ajeer-3328	32	33	hassan	hassan	PROPN
ajeer-3328	32	34	,	,	PUNCT
ajeer-3328	32	35	sanchez	sanchez	PROPN
ajeer-3328	32	36	,	,	PUNCT
ajeer-3328	32	37	&	&	CCONJ
ajeer-3328	32	38	yu	yu	PROPN
ajeer-3328	32	39	,	,	PUNCT
ajeer-3328	32	40	2011	2011	NUM
ajeer-3328	32	41	)	)	PUNCT
ajeer-3328	32	42	.	.	PUNCT
ajeer-3328	33	1	the	the	DET
ajeer-3328	33	2	bdi	bdi	PROPN
ajeer-3328	33	3	is	be	AUX
ajeer-3328	33	4	a	a	DET
ajeer-3328	33	5	list	list	NOUN
ajeer-3328	33	6	of	of	ADP
ajeer-3328	33	7	daily	daily	ADJ
ajeer-3328	33	8	weighted	weight	VERB
ajeer-3328	33	9	average	average	ADJ
ajeer-3328	33	10	freight	freight	NOUN
ajeer-3328	33	11	prices	price	NOUN
ajeer-3328	33	12	of	of	ADP
ajeer-3328	33	13	shipping	ship	VERB
ajeer-3328	33	14	raw	raw	ADJ
ajeer-3328	33	15	materials	material	NOUN
ajeer-3328	33	16	for	for	ADP
ajeer-3328	33	17	use	use	NOUN
ajeer-3328	33	18	in	in	ADP
ajeer-3328	33	19	production	production	NOUN
ajeer-3328	33	20	processes	process	NOUN
ajeer-3328	33	21	across	across	ADP
ajeer-3328	33	22	the	the	DET
ajeer-3328	33	23	globe	globe	NOUN
ajeer-3328	33	24	.	.	PUNCT
ajeer-3328	34	1	it	it	PRON
ajeer-3328	34	2	incorporates	incorporate	VERB
ajeer-3328	34	3	aspects	aspect	NOUN
ajeer-3328	34	4	of	of	ADP
ajeer-3328	34	5	future	future	ADJ
ajeer-3328	34	6	economic	economic	ADJ
ajeer-3328	34	7	activity	activity	NOUN
ajeer-3328	34	8	and	and	CCONJ
ajeer-3328	34	9	thus	thus	ADV
ajeer-3328	34	10	has	have	VERB
ajeer-3328	34	11	the	the	DET
ajeer-3328	34	12	characteristics	characteristic	NOUN
ajeer-3328	34	13	of	of	ADP
ajeer-3328	34	14	a	a	DET
ajeer-3328	34	15	leading	lead	VERB
ajeer-3328	34	16	economic	economic	ADJ
ajeer-3328	34	17	indicator	indicator	NOUN
ajeer-3328	34	18	(	(	PUNCT
ajeer-3328	34	19	papailias	papailias	NOUN
ajeer-3328	34	20	,	,	PUNCT
ajeer-3328	34	21	thomakos	thomakos	ADJ
ajeer-3328	34	22	,	,	PUNCT
ajeer-3328	34	23	&	&	CCONJ
ajeer-3328	34	24	liu	liu	PROPN
ajeer-3328	34	25	,	,	PUNCT
ajeer-3328	34	26	2017	2017	NUM
ajeer-3328	34	27	)	)	PUNCT
ajeer-3328	34	28	.	.	PUNCT
ajeer-3328	35	1	more	more	ADV
ajeer-3328	35	2	precisely	precisely	ADV
ajeer-3328	35	3	,	,	PUNCT
ajeer-3328	35	4	the	the	DET
ajeer-3328	35	5	bdi	bdi	PROPN
ajeer-3328	35	6	is	be	AUX
ajeer-3328	35	7	a	a	DET
ajeer-3328	35	8	benchmark	benchmark	NOUN
ajeer-3328	35	9	for	for	ADP
ajeer-3328	35	10	the	the	DET
ajeer-3328	35	11	price	price	NOUN
ajeer-3328	35	12	of	of	ADP
ajeer-3328	35	13	transporting	transport	VERB
ajeer-3328	35	14	major	major	ADJ
ajeer-3328	35	15	raw	raw	ADJ
ajeer-3328	35	16	materials	material	NOUN
ajeer-3328	35	17	by	by	ADP
ajeer-3328	35	18	sea	sea	NOUN
ajeer-3328	35	19	.	.	PUNCT
ajeer-3328	36	1	in	in	ADP
ajeer-3328	36	2	other	other	ADJ
ajeer-3328	36	3	words	word	NOUN
ajeer-3328	36	4	,	,	PUNCT
ajeer-3328	36	5	it	it	PRON
ajeer-3328	36	6	is	be	AUX
ajeer-3328	36	7	an	an	DET
ajeer-3328	36	8	index	index	NOUN
ajeer-3328	36	9	that	that	PRON
ajeer-3328	36	10	measures	measure	VERB
ajeer-3328	36	11	changes	change	NOUN
ajeer-3328	36	12	in	in	ADP
ajeer-3328	36	13	the	the	DET
ajeer-3328	36	14	cost	cost	NOUN
ajeer-3328	36	15	of	of	ADP
ajeer-3328	36	16	transporting	transport	VERB
ajeer-3328	36	17	various	various	ADJ
ajeer-3328	36	18	raw	raw	ADJ
ajeer-3328	36	19	materials	material	NOUN
ajeer-3328	36	20	,	,	PUNCT
ajeer-3328	36	21	which	which	PRON
ajeer-3328	36	22	are	be	AUX
ajeer-3328	36	23	transported	transport	VERB
ajeer-3328	36	24	by	by	ADP
ajeer-3328	36	25	sea	sea	NOUN
ajeer-3328	36	26	.	.	PUNCT
ajeer-3328	37	1	the	the	DET
ajeer-3328	37	2	creator	creator	NOUN
ajeer-3328	37	3	of	of	ADP
ajeer-3328	37	4	the	the	DET
ajeer-3328	37	5	index	index	NOUN
ajeer-3328	37	6	,	,	PUNCT
ajeer-3328	37	7	the	the	DET
ajeer-3328	37	8	baltic	baltic	ADJ
ajeer-3328	37	9	stock	stock	PROPN
ajeer-3328	37	10	exchange	exchange	PROPN
ajeer-3328	37	11	,	,	PUNCT
ajeer-3328	37	12	which	which	PRON
ajeer-3328	37	13	is	be	AUX
ajeer-3328	37	14	based	base	VERB
ajeer-3328	37	15	in	in	ADP
ajeer-3328	37	16	london	london	PROPN
ajeer-3328	37	17	,	,	PUNCT
ajeer-3328	37	18	describes	describe	VERB
ajeer-3328	37	19	it	it	PRON
ajeer-3328	37	20	as	as	ADP
ajeer-3328	37	21	the	the	DET
ajeer-3328	37	22	index	index	NOUN
ajeer-3328	37	23	of	of	ADP
ajeer-3328	37	24	average	average	ADJ
ajeer-3328	37	25	prices	price	NOUN
ajeer-3328	37	26	paid	pay	VERB
ajeer-3328	37	27	for	for	ADP
ajeer-3328	37	28	the	the	DET
ajeer-3328	37	29	transport	transport	NOUN
ajeer-3328	37	30	of	of	ADP
ajeer-3328	37	31	dry	dry	ADJ
ajeer-3328	37	32	bulk	bulk	ADJ
ajeer-3328	37	33	materials	material	NOUN
ajeer-3328	37	34	for	for	ADP
ajeer-3328	37	35	26	26	NUM
ajeer-3328	37	36	different	different	ADJ
ajeer-3328	37	37	shipping	shipping	NOUN
ajeer-3328	37	38	routes	route	NOUN
ajeer-3328	37	39	carrying	carry	VERB
ajeer-3328	37	40	coal	coal	NOUN
ajeer-3328	37	41	,	,	PUNCT
ajeer-3328	37	42	iron	iron	NOUN
ajeer-3328	37	43	ore	ore	NOUN
ajeer-3328	37	44	,	,	PUNCT
ajeer-3328	37	45	grains	grain	NOUN
ajeer-3328	37	46	,	,	PUNCT
ajeer-3328	37	47	and	and	CCONJ
ajeer-3328	37	48	many	many	ADJ
ajeer-3328	37	49	other	other	ADJ
ajeer-3328	37	50	commodities	commodity	NOUN
ajeer-3328	37	51	.	.	PUNCT
ajeer-3328	38	1	it	it	PRON
ajeer-3328	38	2	consists	consist	VERB
ajeer-3328	38	3	of	of	ADP
ajeer-3328	38	4	three	three	NUM
ajeer-3328	38	5	sub	sub	NOUN
ajeer-3328	38	6	-	-	NOUN
ajeer-3328	38	7	indices	index	NOUN
ajeer-3328	38	8	–	–	PUNCT
ajeer-3328	38	9	capesize	capesize	NOUN
ajeer-3328	38	10	,	,	PUNCT
ajeer-3328	38	11	panamax	panamax	NOUN
ajeer-3328	38	12	and	and	CCONJ
ajeer-3328	38	13	supramax	supramax	VERB
ajeer-3328	38	14	–	–	PUNCT
ajeer-3328	38	15	and	and	CCONJ
ajeer-3328	38	16	they	they	PRON
ajeer-3328	38	17	measure	measure	VERB
ajeer-3328	38	18	different	different	ADJ
ajeer-3328	38	19	sizes	size	NOUN
ajeer-3328	38	20	of	of	ADP
ajeer-3328	38	21	dry	dry	ADJ
ajeer-3328	38	22	bulk	bulk	ADJ
ajeer-3328	38	23	carriers	carrier	NOUN
ajeer-3328	38	24	or	or	CCONJ
ajeer-3328	38	25	merchant	merchant	NOUN
ajeer-3328	38	26	ships	ship	NOUN
ajeer-3328	38	27	.	.	PUNCT
ajeer-3328	39	1	given	give	VERB
ajeer-3328	39	2	the	the	DET
ajeer-3328	39	3	above	above	ADJ
ajeer-3328	39	4	,	,	PUNCT
ajeer-3328	39	5	it	it	PRON
ajeer-3328	39	6	is	be	AUX
ajeer-3328	39	7	not	not	PART
ajeer-3328	39	8	surprising	surprising	ADJ
ajeer-3328	39	9	that	that	SCONJ
ajeer-3328	39	10	this	this	DET
ajeer-3328	39	11	index	index	NOUN
ajeer-3328	39	12	is	be	AUX
ajeer-3328	39	13	often	often	ADV
ajeer-3328	39	14	referred	refer	VERB
ajeer-3328	39	15	to	to	ADP
ajeer-3328	39	16	as	as	ADP
ajeer-3328	39	17	a	a	DET
ajeer-3328	39	18	shipping	shipping	NOUN
ajeer-3328	39	19	and	and	CCONJ
ajeer-3328	39	20	trade	trade	NOUN
ajeer-3328	39	21	index	index	NOUN
ajeer-3328	39	22	.	.	PUNCT
ajeer-3328	40	1	the	the	DET
ajeer-3328	40	2	basic	basic	ADJ
ajeer-3328	40	3	characteristic	characteristic	NOUN
ajeer-3328	40	4	of	of	ADP
ajeer-3328	40	5	the	the	DET
ajeer-3328	40	6	index	index	NOUN
ajeer-3328	40	7	is	be	AUX
ajeer-3328	40	8	reflected	reflect	VERB
ajeer-3328	40	9	in	in	ADP
ajeer-3328	40	10	high	high	ADJ
ajeer-3328	40	11	volatility	volatility	NOUN
ajeer-3328	40	12	,	,	PUNCT
ajeer-3328	40	13	which	which	PRON
ajeer-3328	40	14	many	many	ADJ
ajeer-3328	40	15	studies	study	NOUN
ajeer-3328	40	16	have	have	AUX
ajeer-3328	40	17	testified	testify	VERB
ajeer-3328	40	18	.	.	PUNCT
ajeer-3328	41	1	there	there	PRON
ajeer-3328	41	2	are	be	VERB
ajeer-3328	41	3	several	several	ADJ
ajeer-3328	41	4	reasons	reason	NOUN
ajeer-3328	41	5	for	for	ADP
ajeer-3328	41	6	this	this	PRON
ajeer-3328	41	7	.	.	PUNCT
ajeer-3328	42	1	the	the	DET
ajeer-3328	42	2	first	first	ADJ
ajeer-3328	42	3	is	be	AUX
ajeer-3328	42	4	that	that	SCONJ
ajeer-3328	42	5	the	the	DET
ajeer-3328	42	6	supply	supply	NOUN
ajeer-3328	42	7	of	of	ADP
ajeer-3328	42	8	large	large	ADJ
ajeer-3328	42	9	carriers	carrier	NOUN
ajeer-3328	42	10	by	by	ADP
ajeer-3328	42	11	sea	sea	NOUN
ajeer-3328	42	12	is	be	AUX
ajeer-3328	42	13	quite	quite	ADV
ajeer-3328	42	14	small	small	ADJ
ajeer-3328	42	15	with	with	ADP
ajeer-3328	42	16	long	long	ADJ
ajeer-3328	42	17	lead	lead	NOUN
ajeer-3328	42	18	times	time	NOUN
ajeer-3328	42	19	and	and	CCONJ
ajeer-3328	42	20	high	high	ADJ
ajeer-3328	42	21	production	production	NOUN
ajeer-3328	42	22	costs	cost	NOUN
ajeer-3328	42	23	,	,	PUNCT
ajeer-3328	42	24	while	while	SCONJ
ajeer-3328	42	25	on	on	ADP
ajeer-3328	42	26	the	the	DET
ajeer-3328	42	27	other	other	ADJ
ajeer-3328	42	28	hand	hand	NOUN
ajeer-3328	42	29	,	,	PUNCT
ajeer-3328	42	30	the	the	DET
ajeer-3328	42	31	demand	demand	NOUN
ajeer-3328	42	32	for	for	ADP
ajeer-3328	42	33	the	the	DET
ajeer-3328	42	34	transport	transport	NOUN
ajeer-3328	42	35	of	of	ADP
ajeer-3328	42	36	raw	raw	ADJ
ajeer-3328	42	37	materials	material	NOUN
ajeer-3328	42	38	is	be	AUX
ajeer-3328	42	39	determined	determine	VERB
ajeer-3328	42	40	by	by	ADP
ajeer-3328	42	41	the	the	DET
ajeer-3328	42	42	level	level	NOUN
ajeer-3328	42	43	of	of	ADP
ajeer-3328	42	44	economic	economic	ADJ
ajeer-3328	42	45	activity	activity	NOUN
ajeer-3328	42	46	,	,	PUNCT
ajeer-3328	42	47	which	which	PRON
ajeer-3328	42	48	is	be	AUX
ajeer-3328	42	49	ultimately	ultimately	ADV
ajeer-3328	42	50	determined	determine	VERB
ajeer-3328	42	51	by	by	ADP
ajeer-3328	42	52	the	the	DET
ajeer-3328	42	53	price	price	NOUN
ajeer-3328	42	54	of	of	ADP
ajeer-3328	42	55	raw	raw	ADJ
ajeer-3328	42	56	materials	material	NOUN
ajeer-3328	42	57	and	and	CCONJ
ajeer-3328	42	58	their	their	PRON
ajeer-3328	42	59	supply	supply	NOUN
ajeer-3328	42	60	and	and	CCONJ
ajeer-3328	42	61	demand	demand	NOUN
ajeer-3328	42	62	.	.	PUNCT
ajeer-3328	43	1	hence	hence	ADV
ajeer-3328	43	2	,	,	PUNCT
ajeer-3328	43	3	the	the	DET
ajeer-3328	43	4	volatility	volatility	NOUN
ajeer-3328	43	5	of	of	ADP
ajeer-3328	43	6	the	the	DET
ajeer-3328	43	7	raw	raw	ADJ
ajeer-3328	43	8	material	material	NOUN
ajeer-3328	43	9	market	market	NOUN
ajeer-3328	43	10	also	also	ADV
ajeer-3328	43	11	affects	affect	VERB
ajeer-3328	43	12	the	the	DET
ajeer-3328	43	13	volatility	volatility	NOUN
ajeer-3328	43	14	of	of	ADP
ajeer-3328	43	15	this	this	DET
ajeer-3328	43	16	index	index	NOUN
ajeer-3328	43	17	.	.	PUNCT
ajeer-3328	44	1	reductions	reduction	NOUN
ajeer-3328	44	2	in	in	ADP
ajeer-3328	44	3	the	the	DET
ajeer-3328	44	4	movement	movement	NOUN
ajeer-3328	44	5	of	of	ADP
ajeer-3328	44	6	people	people	NOUN
ajeer-3328	44	7	,	,	PUNCT
ajeer-3328	44	8	goods	good	NOUN
ajeer-3328	44	9	and	and	CCONJ
ajeer-3328	44	10	capital	capital	NOUN
ajeer-3328	44	11	under	under	ADP
ajeer-3328	44	12	economic	economic	ADJ
ajeer-3328	44	13	crisis	crisis	NOUN
ajeer-3328	44	14	conditions	condition	NOUN
ajeer-3328	44	15	were	be	AUX
ajeer-3328	44	16	affected	affect	VERB
ajeer-3328	44	17	by	by	ADP
ajeer-3328	44	18	the	the	DET
ajeer-3328	44	19	reduction	reduction	NOUN
ajeer-3328	44	20	in	in	ADP
ajeer-3328	44	21	economic	economic	ADJ
ajeer-3328	44	22	activities	activity	NOUN
ajeer-3328	44	23	.	.	PUNCT
ajeer-3328	45	1	it	it	PRON
ajeer-3328	45	2	is	be	AUX
ajeer-3328	45	3	worth	worth	ADJ
ajeer-3328	45	4	pointing	point	VERB
ajeer-3328	45	5	out	out	ADP
ajeer-3328	45	6	that	that	SCONJ
ajeer-3328	45	7	the	the	DET
ajeer-3328	45	8	analysis	analysis	NOUN
ajeer-3328	45	9	of	of	ADP
ajeer-3328	45	10	the	the	DET
ajeer-3328	45	11	basic	basic	ADJ
ajeer-3328	45	12	trend	trend	NOUN
ajeer-3328	45	13	of	of	ADP
ajeer-3328	45	14	the	the	DET
ajeer-3328	45	15	bdi	bdi	PROPN
ajeer-3328	45	16	movements	movement	NOUN
ajeer-3328	45	17	in	in	ADP
ajeer-3328	45	18	the	the	DET
ajeer-3328	45	19	period	period	NOUN
ajeer-3328	45	20	before	before	SCONJ
ajeer-3328	45	21	the	the	DET
ajeer-3328	45	22	economic	economic	ADJ
ajeer-3328	45	23	crisis	crisis	NOUN
ajeer-3328	45	24	shows	show	VERB
ajeer-3328	45	25	that	that	SCONJ
ajeer-3328	45	26	the	the	DET
ajeer-3328	45	27	index	index	NOUN
ajeer-3328	45	28	fell	fall	VERB
ajeer-3328	45	29	to	to	ADP
ajeer-3328	45	30	near	near	ADJ
ajeer-3328	45	31	record	record	NOUN
ajeer-3328	45	32	lows	low	NOUN
ajeer-3328	45	33	just	just	ADV
ajeer-3328	45	34	before	before	SCONJ
ajeer-3328	45	35	the	the	DET
ajeer-3328	45	36	credit	credit	NOUN
ajeer-3328	45	37	crisis	crisis	NOUN
ajeer-3328	45	38	hit	hit	VERB
ajeer-3328	45	39	stocks	stock	NOUN
ajeer-3328	45	40	full	full	ADJ
ajeer-3328	45	41	force	force	NOUN
ajeer-3328	45	42	(	(	PUNCT
ajeer-3328	45	43	see	see	VERB
ajeer-3328	45	44	unctad	unctad	NOUN
ajeer-3328	45	45	(	(	PUNCT
ajeer-3328	45	46	2009	2009	NUM
ajeer-3328	45	47	)	)	PUNCT
ajeer-3328	45	48	)	)	PUNCT
ajeer-3328	45	49	.	.	PUNCT
ajeer-3328	46	1	this	this	PRON
ajeer-3328	46	2	is	be	AUX
ajeer-3328	46	3	a	a	DET
ajeer-3328	46	4	clear	clear	ADJ
ajeer-3328	46	5	signal	signal	NOUN
ajeer-3328	46	6	that	that	SCONJ
ajeer-3328	46	7	the	the	DET
ajeer-3328	46	8	index	index	NOUN
ajeer-3328	46	9	can	can	AUX
ajeer-3328	46	10	be	be	AUX
ajeer-3328	46	11	used	use	VERB
ajeer-3328	46	12	as	as	ADP
ajeer-3328	46	13	a	a	DET
ajeer-3328	46	14	tool	tool	NOUN
ajeer-3328	46	15	for	for	ADP
ajeer-3328	46	16	stock	stock	NOUN
ajeer-3328	46	17	market	market	NOUN
ajeer-3328	46	18	forecasting	forecasting	NOUN
ajeer-3328	46	19	.	.	PUNCT
ajeer-3328	47	1	the	the	DET
ajeer-3328	47	2	decrease	decrease	NOUN
ajeer-3328	47	3	in	in	ADP
ajeer-3328	47	4	economic	economic	ADJ
ajeer-3328	47	5	activity	activity	NOUN
ajeer-3328	47	6	affects	affect	VERB
ajeer-3328	47	7	the	the	DET
ajeer-3328	47	8	increase	increase	NOUN
ajeer-3328	47	9	in	in	ADP
ajeer-3328	47	10	price	price	NOUN
ajeer-3328	47	11	volatility	volatility	NOUN
ajeer-3328	47	12	,	,	PUNCT
ajeer-3328	47	13	which	which	PRON
ajeer-3328	47	14	is	be	AUX
ajeer-3328	47	15	the	the	DET
ajeer-3328	47	16	main	main	ADJ
ajeer-3328	47	17	characteristic	characteristic	NOUN
ajeer-3328	47	18	of	of	ADP
ajeer-3328	47	19	commodity	commodity	NOUN
ajeer-3328	47	20	markets	market	NOUN
ajeer-3328	47	21	.	.	PUNCT
ajeer-3328	48	1	the	the	DET
ajeer-3328	48	2	reasons	reason	NOUN
ajeer-3328	48	3	for	for	ADP
ajeer-3328	48	4	commodity	commodity	NOUN
ajeer-3328	48	5	price	price	NOUN
ajeer-3328	48	6	volatility	volatility	NOUN
ajeer-3328	48	7	differ	differ	VERB
ajeer-3328	48	8	by	by	ADP
ajeer-3328	48	9	commodity	commodity	NOUN
ajeer-3328	48	10	and	and	CCONJ
ajeer-3328	48	11	may	may	AUX
ajeer-3328	48	12	change	change	VERB
ajeer-3328	48	13	over	over	ADP
ajeer-3328	48	14	the	the	DET
ajeer-3328	48	15	course	course	NOUN
ajeer-3328	48	16	of	of	ADP
ajeer-3328	48	17	time	time	NOUN
ajeer-3328	48	18	.	.	PUNCT
ajeer-3328	49	1	but	but	CCONJ
ajeer-3328	49	2	,	,	PUNCT
ajeer-3328	49	3	in	in	ADP
ajeer-3328	49	4	general	general	ADJ
ajeer-3328	49	5	,	,	PUNCT
ajeer-3328	49	6	low	low	ADJ
ajeer-3328	49	7	short	short	ADJ
ajeer-3328	49	8	-	-	PUNCT
ajeer-3328	49	9	term	term	NOUN
ajeer-3328	49	10	elasticities	elasticity	NOUN
ajeer-3328	49	11	of	of	ADP
ajeer-3328	49	12	supply	supply	NOUN
ajeer-3328	49	13	and	and	CCONJ
ajeer-3328	49	14	demand	demand	NOUN
ajeer-3328	49	15	cause	cause	VERB
ajeer-3328	49	16	any	any	DET
ajeer-3328	49	17	shock	shock	NOUN
ajeer-3328	49	18	to	to	ADP
ajeer-3328	49	19	production	production	NOUN
ajeer-3328	49	20	or	or	CCONJ
ajeer-3328	49	21	consumption	consumption	NOUN
ajeer-3328	49	22	to	to	PART
ajeer-3328	49	23	translate	translate	VERB
ajeer-3328	49	24	into	into	ADP
ajeer-3328	49	25	significant	significant	ADJ
ajeer-3328	49	26	price	price	NOUN
ajeer-3328	49	27	fluctuations	fluctuation	NOUN
ajeer-3328	49	28	(	(	PUNCT
ajeer-3328	49	29	mayer	mayer	PROPN
ajeer-3328	49	30	,	,	PUNCT
ajeer-3328	49	31	2010	2010	NUM
ajeer-3328	49	32	)	)	PUNCT
ajeer-3328	49	33	.	.	PUNCT
ajeer-3328	50	1	the	the	DET
ajeer-3328	50	2	outbreak	outbreak	NOUN
ajeer-3328	50	3	of	of	ADP
ajeer-3328	50	4	covid19	covid19	NOUN
ajeer-3328	50	5	has	have	AUX
ajeer-3328	50	6	been	be	AUX
ajeer-3328	50	7	accompanied	accompany	VERB
ajeer-3328	50	8	by	by	ADP
ajeer-3328	50	9	widespread	widespread	ADJ
ajeer-3328	50	10	declines	decline	NOUN
ajeer-3328	50	11	in	in	ADP
ajeer-3328	50	12	global	global	ADJ
ajeer-3328	50	13	commodity	commodity	NOUN
ajeer-3328	50	14	prices	price	NOUN
ajeer-3328	50	15	(	(	PUNCT
ajeer-3328	50	16	bank	bank	NOUN
ajeer-3328	50	17	,	,	PUNCT
ajeer-3328	50	18	2020	2020	NUM
ajeer-3328	50	19	)	)	PUNCT
ajeer-3328	50	20	.	.	PUNCT
ajeer-3328	51	1	in	in	ADP
ajeer-3328	51	2	such	such	ADJ
ajeer-3328	51	3	conditions	condition	NOUN
ajeer-3328	51	4	,	,	PUNCT
ajeer-3328	51	5	it	it	PRON
ajeer-3328	51	6	is	be	AUX
ajeer-3328	51	7	expected	expect	VERB
ajeer-3328	51	8	that	that	SCONJ
ajeer-3328	51	9	these	these	DET
ajeer-3328	51	10	changes	change	NOUN
ajeer-3328	51	11	affect	affect	VERB
ajeer-3328	51	12	the	the	DET
ajeer-3328	51	13	decrease	decrease	NOUN
ajeer-3328	51	14	in	in	ADP
ajeer-3328	51	15	the	the	DET
ajeer-3328	51	16	value	value	NOUN
ajeer-3328	51	17	of	of	ADP
ajeer-3328	51	18	the	the	DET
ajeer-3328	51	19	bdi	bdi	PROPN
ajeer-3328	51	20	.	.	PUNCT
ajeer-3328	52	1	in	in	ADP
ajeer-3328	52	2	order	order	NOUN
ajeer-3328	52	3	to	to	PART
ajeer-3328	52	4	examine	examine	VERB
ajeer-3328	52	5	whether	whether	SCONJ
ajeer-3328	52	6	the	the	DET
ajeer-3328	52	7	changes	change	NOUN
ajeer-3328	52	8	in	in	ADP
ajeer-3328	52	9	these	these	DET
ajeer-3328	52	10	raw	raw	ADJ
ajeer-3328	52	11	materials	material	NOUN
ajeer-3328	52	12	affect	affect	VERB
ajeer-3328	52	13	the	the	DET
ajeer-3328	52	14	values	value	NOUN
ajeer-3328	52	15	of	of	ADP
ajeer-3328	52	16	the	the	DET
ajeer-3328	52	17	bdi	bdi	PROPN
ajeer-3328	52	18	and	and	CCONJ
ajeer-3328	52	19	to	to	ADP
ajeer-3328	52	20	what	what	DET
ajeer-3328	52	21	extent	extent	NOUN
ajeer-3328	52	22	,	,	PUNCT
ajeer-3328	52	23	the	the	DET
ajeer-3328	52	24	paper	paper	NOUN
ajeer-3328	52	25	analyzes	analyze	VERB
ajeer-3328	52	26	the	the	DET
ajeer-3328	52	27	impact	impact	NOUN
ajeer-3328	52	28	of	of	ADP
ajeer-3328	52	29	changes	change	NOUN
ajeer-3328	52	30	in	in	ADP
ajeer-3328	52	31	the	the	DET
ajeer-3328	52	32	value	value	NOUN
ajeer-3328	52	33	of	of	ADP
ajeer-3328	52	34	basic	basic	ADJ
ajeer-3328	52	35	raw	raw	ADJ
ajeer-3328	52	36	materials	material	NOUN
ajeer-3328	52	37	on	on	ADP
ajeer-3328	52	38	the	the	DET
ajeer-3328	52	39	change	change	NOUN
ajeer-3328	52	40	in	in	ADP
ajeer-3328	52	41	the	the	DET
ajeer-3328	52	42	value	value	NOUN
ajeer-3328	52	43	of	of	ADP
ajeer-3328	52	44	the	the	DET
ajeer-3328	52	45	bdi	bdi	PROPN
ajeer-3328	52	46	.	.	PUNCT
ajeer-3328	53	1	in	in	ADP
ajeer-3328	53	2	other	other	ADJ
ajeer-3328	53	3	words	word	NOUN
ajeer-3328	53	4	,	,	PUNCT
ajeer-3328	53	5	the	the	DET
ajeer-3328	53	6	aim	aim	NOUN
ajeer-3328	53	7	is	be	AUX
ajeer-3328	53	8	to	to	PART
ajeer-3328	53	9	examine	examine	VERB
ajeer-3328	53	10	the	the	DET
ajeer-3328	53	11	relationship	relationship	NOUN
ajeer-3328	53	12	between	between	ADP
ajeer-3328	53	13	the	the	DET
ajeer-3328	53	14	bdi	bdi	PROPN
ajeer-3328	53	15	and	and	CCONJ
ajeer-3328	53	16	the	the	DET
ajeer-3328	53	17	major	major	ADJ
ajeer-3328	53	18	raw	raw	ADJ
ajeer-3328	53	19	materials	material	NOUN
ajeer-3328	53	20	,	,	PUNCT
ajeer-3328	53	21	whose	whose	DET
ajeer-3328	53	22	freight	freight	NOUN
ajeer-3328	53	23	prices	price	NOUN
ajeer-3328	53	24	enter	enter	VERB
ajeer-3328	53	25	the	the	DET
ajeer-3328	53	26	calculation	calculation	NOUN
ajeer-3328	53	27	of	of	ADP
ajeer-3328	53	28	the	the	DET
ajeer-3328	53	29	bdi	bdi	PROPN
ajeer-3328	53	30	.	.	PUNCT
ajeer-3328	54	1	the	the	DET
ajeer-3328	54	2	paper	paper	NOUN
ajeer-3328	54	3	is	be	AUX
ajeer-3328	54	4	structured	structure	VERB
ajeer-3328	54	5	as	as	SCONJ
ajeer-3328	54	6	follows	follow	VERB
ajeer-3328	54	7	:	:	PUNCT
ajeer-3328	54	8	the	the	DET
ajeer-3328	54	9	first	first	ADJ
ajeer-3328	54	10	part	part	NOUN
ajeer-3328	54	11	of	of	ADP
ajeer-3328	54	12	the	the	DET
ajeer-3328	54	13	paper	paper	NOUN
ajeer-3328	54	14	provides	provide	VERB
ajeer-3328	54	15	the	the	DET
ajeer-3328	54	16	introduction	introduction	NOUN
ajeer-3328	54	17	to	to	ADP
ajeer-3328	54	18	the	the	DET
ajeer-3328	54	19	study	study	NOUN
ajeer-3328	54	20	;	;	PUNCT
ajeer-3328	54	21	the	the	DET
ajeer-3328	54	22	second	second	ADJ
ajeer-3328	54	23	part	part	NOUN
ajeer-3328	54	24	gives	give	VERB
ajeer-3328	54	25	an	an	DET
ajeer-3328	54	26	overview	overview	NOUN
ajeer-3328	54	27	of	of	ADP
ajeer-3328	54	28	the	the	DET
ajeer-3328	54	29	most	most	ADV
ajeer-3328	54	30	significant	significant	ADJ
ajeer-3328	54	31	and	and	CCONJ
ajeer-3328	54	32	relevant	relevant	ADJ
ajeer-3328	54	33	empirical	empirical	ADJ
ajeer-3328	54	34	research	research	NOUN
ajeer-3328	54	35	and	and	CCONJ
ajeer-3328	54	36	presents	present	VERB
ajeer-3328	54	37	the	the	DET
ajeer-3328	54	38	results	result	NOUN
ajeer-3328	54	39	of	of	ADP
ajeer-3328	54	40	previous	previous	ADJ
ajeer-3328	54	41	research	research	NOUN
ajeer-3328	54	42	in	in	ADP
ajeer-3328	54	43	this	this	DET
ajeer-3328	54	44	field	field	NOUN
ajeer-3328	54	45	;	;	PUNCT
ajeer-3328	54	46	the	the	DET
ajeer-3328	54	47	third	third	ADJ
ajeer-3328	54	48	part	part	NOUN
ajeer-3328	54	49	of	of	ADP
ajeer-3328	54	50	the	the	DET
ajeer-3328	54	51	paper	paper	NOUN
ajeer-3328	54	52	provides	provide	VERB
ajeer-3328	54	53	a	a	DET
ajeer-3328	54	54	description	description	NOUN
ajeer-3328	54	55	of	of	ADP
ajeer-3328	54	56	the	the	DET
ajeer-3328	54	57	analyzed	analyze	VERB
ajeer-3328	54	58	data	datum	NOUN
ajeer-3328	54	59	and	and	CCONJ
ajeer-3328	54	60	the	the	DET
ajeer-3328	54	61	methodology	methodology	NOUN
ajeer-3328	54	62	used	use	VERB
ajeer-3328	54	63	;	;	PUNCT
ajeer-3328	54	64	in	in	ADP
ajeer-3328	54	65	the	the	DET
ajeer-3328	54	66	fourth	fourth	ADJ
ajeer-3328	54	67	section	section	NOUN
ajeer-3328	54	68	,	,	PUNCT
ajeer-3328	54	69	the	the	DET
ajeer-3328	54	70	results	result	NOUN
ajeer-3328	54	71	are	be	AUX
ajeer-3328	54	72	presented	present	VERB
ajeer-3328	54	73	,	,	PUNCT
ajeer-3328	54	74	analyzed	analyze	VERB
ajeer-3328	54	75	and	and	CCONJ
ajeer-3328	54	76	discussed	discuss	VERB
ajeer-3328	54	77	;	;	PUNCT
ajeer-3328	54	78	and	and	CCONJ
ajeer-3328	54	79	the	the	DET
ajeer-3328	54	80	final	final	ADJ
ajeer-3328	54	81	part	part	NOUN
ajeer-3328	54	82	of	of	ADP
ajeer-3328	54	83	the	the	DET
ajeer-3328	54	84	paper	paper	NOUN
ajeer-3328	54	85	summarizes	summarize	VERB
ajeer-3328	54	86	the	the	DET
ajeer-3328	54	87	findings	finding	NOUN
ajeer-3328	54	88	and	and	CCONJ
ajeer-3328	54	89	outlines	outline	VERB
ajeer-3328	54	90	the	the	DET
ajeer-3328	54	91	conclusions	conclusion	NOUN
ajeer-3328	54	92	.	.	PUNCT
ajeer-3328	55	1	2	2	X
ajeer-3328	55	2	.	.	X
ajeer-3328	55	3	literature	literature	NOUN
ajeer-3328	55	4	review	review	VERB
ajeer-3328	55	5	there	there	PRON
ajeer-3328	55	6	is	be	VERB
ajeer-3328	55	7	an	an	DET
ajeer-3328	55	8	abundance	abundance	NOUN
ajeer-3328	55	9	of	of	ADP
ajeer-3328	55	10	literature	literature	NOUN
ajeer-3328	55	11	on	on	ADP
ajeer-3328	55	12	the	the	DET
ajeer-3328	55	13	bdi	bdi	PROPN
ajeer-3328	55	14	that	that	PRON
ajeer-3328	55	15	can	can	AUX
ajeer-3328	55	16	be	be	AUX
ajeer-3328	55	17	classified	classify	VERB
ajeer-3328	55	18	into	into	ADP
ajeer-3328	55	19	two	two	NUM
ajeer-3328	55	20	groups	group	NOUN
ajeer-3328	55	21	.	.	PUNCT
ajeer-3328	56	1	the	the	DET
ajeer-3328	56	2	first	first	ADJ
ajeer-3328	56	3	group	group	NOUN
ajeer-3328	56	4	consists	consist	VERB
ajeer-3328	56	5	of	of	ADP
ajeer-3328	56	6	papers	paper	NOUN
ajeer-3328	56	7	that	that	PRON
ajeer-3328	56	8	focus	focus	VERB
ajeer-3328	56	9	on	on	ADP
ajeer-3328	56	10	the	the	DET
ajeer-3328	56	11	development	development	NOUN
ajeer-3328	56	12	of	of	ADP
ajeer-3328	56	13	more	more	ADJ
ajeer-3328	56	14	reliable	reliable	ADJ
ajeer-3328	56	15	procedures	procedure	NOUN
ajeer-3328	56	16	and	and	CCONJ
ajeer-3328	56	17	models	model	NOUN
ajeer-3328	56	18	to	to	PART
ajeer-3328	56	19	predict	predict	VERB
ajeer-3328	56	20	changes	change	NOUN
ajeer-3328	56	21	in	in	ADP
ajeer-3328	56	22	freight	freight	NOUN
ajeer-3328	56	23	rates	rate	NOUN
ajeer-3328	56	24	.	.	PUNCT
ajeer-3328	57	1	the	the	DET
ajeer-3328	57	2	development	development	NOUN
ajeer-3328	57	3	of	of	ADP
ajeer-3328	57	4	various	various	ADJ
ajeer-3328	57	5	models	model	NOUN
ajeer-3328	57	6	is	be	AUX
ajeer-3328	57	7	caused	cause	VERB
ajeer-3328	57	8	by	by	ADP
ajeer-3328	57	9	fact	fact	NOUN
ajeer-3328	57	10	that	that	SCONJ
ajeer-3328	57	11	risk	risk	NOUN
ajeer-3328	57	12	and	and	CCONJ
ajeer-3328	57	13	uncertainty	uncertainty	NOUN
ajeer-3328	57	14	in	in	ADP
ajeer-3328	57	15	the	the	DET
ajeer-3328	57	16	shipping	shipping	NOUN
ajeer-3328	57	17	market	market	NOUN
ajeer-3328	57	18	have	have	AUX
ajeer-3328	57	19	increased	increase	VERB
ajeer-3328	57	20	dramatically	dramatically	ADV
ajeer-3328	57	21	.	.	PUNCT
ajeer-3328	58	1	interestingly	interestingly	ADV
ajeer-3328	58	2	,	,	PUNCT
ajeer-3328	58	3	maritime	maritime	ADJ
ajeer-3328	58	4	freight	freight	NOUN
ajeer-3328	58	5	rates	rate	NOUN
ajeer-3328	58	6	fell	fall	VERB
ajeer-3328	58	7	by	by	ADP
ajeer-3328	58	8	50	50	NUM
ajeer-3328	58	9	%	%	NOUN
ajeer-3328	58	10	on	on	ADP
ajeer-3328	58	11	average	average	ADJ
ajeer-3328	58	12	,	,	PUNCT
ajeer-3328	58	13	while	while	SCONJ
ajeer-3328	58	14	global	global	ADJ
ajeer-3328	58	15	trade	trade	NOUN
ajeer-3328	58	16	increased	increase	VERB
ajeer-3328	58	17	by	by	ADP
ajeer-3328	58	18	400	400	NUM
ajeer-3328	58	19	%	%	NOUN
ajeer-3328	58	20	from	from	ADP
ajeer-3328	58	21	1870	1870	NUM
ajeer-3328	58	22	to	to	ADP
ajeer-3328	58	23	1913	1913	NUM
ajeer-3328	58	24	(	(	PUNCT
ajeer-3328	58	25	jacks	jack	NOUN
ajeer-3328	58	26	&	&	CCONJ
ajeer-3328	58	27	pendakur	pendakur	PROPN
ajeer-3328	58	28	,	,	PUNCT
ajeer-3328	58	29	2010	2010	NUM
ajeer-3328	58	30	)	)	PUNCT
ajeer-3328	58	31	.	.	PUNCT
ajeer-3328	59	1	driehuis	driehuis	NOUN
ajeer-3328	59	2	(	(	PUNCT
ajeer-3328	59	3	1970	1970	NUM
ajeer-3328	59	4	)	)	PUNCT
ajeer-3328	59	5	was	be	AUX
ajeer-3328	59	6	the	the	DET
ajeer-3328	59	7	first	first	ADJ
ajeer-3328	59	8	to	to	PART
ajeer-3328	59	9	design	design	VERB
ajeer-3328	59	10	a	a	DET
ajeer-3328	59	11	good	good	ADJ
ajeer-3328	59	12	model	model	NOUN
ajeer-3328	59	13	for	for	ADP
ajeer-3328	59	14	forecasting	forecast	VERB
ajeer-3328	59	15	freight	freight	NOUN
ajeer-3328	59	16	rates	rate	NOUN
ajeer-3328	59	17	.	.	PUNCT
ajeer-3328	60	1	similar	similar	ADJ
ajeer-3328	60	2	attempts	attempt	NOUN
ajeer-3328	60	3	were	be	AUX
ajeer-3328	60	4	made	make	VERB
ajeer-3328	60	5	by	by	ADP
ajeer-3328	60	6	marlow	marlow	PROPN
ajeer-3328	60	7	&	&	CCONJ
ajeer-3328	60	8	gardner	gardner	PROPN
ajeer-3328	60	9	(	(	PUNCT
ajeer-3328	60	10	1980	1980	NUM
ajeer-3328	60	11	)	)	PUNCT
ajeer-3328	60	12	,	,	PUNCT
ajeer-3328	60	13	and	and	CCONJ
ajeer-3328	60	14	beenstock	beenstock	NOUN
ajeer-3328	60	15	&	&	CCONJ
ajeer-3328	60	16	vergottis	vergottis	PROPN
ajeer-3328	60	17	(	(	PUNCT
ajeer-3328	60	18	1989a	1989a	NUM
ajeer-3328	60	19	)	)	PUNCT
ajeer-3328	60	20	and	and	CCONJ
ajeer-3328	60	21	beenstock	beenstock	NOUN
ajeer-3328	60	22	&	&	CCONJ
ajeer-3328	60	23	vergottis	vergottis	PROPN
ajeer-3328	60	24	(	(	PUNCT
ajeer-3328	60	25	1989b	1989b	NUM
ajeer-3328	60	26	)	)	PUNCT
ajeer-3328	60	27	.	.	PUNCT
ajeer-3328	61	1	cullinane	cullinane	PROPN
ajeer-3328	61	2	,	,	PUNCT
ajeer-3328	61	3	mason	mason	PROPN
ajeer-3328	61	4	,	,	PUNCT
ajeer-3328	61	5	&	&	CCONJ
ajeer-3328	61	6	cape	cape	PROPN
ajeer-3328	61	7	(	(	PUNCT
ajeer-3328	61	8	1999	1999	NUM
ajeer-3328	61	9	)	)	PUNCT
ajeer-3328	61	10	applied	apply	VERB
ajeer-3328	61	11	the	the	DET
ajeer-3328	61	12	box	box	NOUN
ajeer-3328	61	13	–	–	PUNCT
ajeer-3328	61	14	jenkins	jenkin	NOUN
ajeer-3328	61	15	approach	approach	NOUN
ajeer-3328	61	16	to	to	PART
ajeer-3328	61	17	forecast	forecast	VERB
ajeer-3328	61	18	the	the	DET
ajeer-3328	61	19	movements	movement	NOUN
ajeer-3328	61	20	of	of	ADP
ajeer-3328	61	21	the	the	DET
ajeer-3328	61	22	baltic	baltic	ADJ
ajeer-3328	61	23	freight	freight	NOUN
ajeer-3328	61	24	index	index	NOUN
ajeer-3328	61	25	(	(	PUNCT
ajeer-3328	61	26	bfi	bfi	PROPN
ajeer-3328	61	27	)	)	PUNCT
ajeer-3328	61	28	.	.	PUNCT
ajeer-3328	62	1	more	more	ADV
ajeer-3328	62	2	recently	recently	ADV
ajeer-3328	62	3	,	,	PUNCT
ajeer-3328	62	4	makridakis	makridakis	PROPN
ajeer-3328	62	5	,	,	PUNCT
ajeer-3328	62	6	merikas	merikas	PROPN
ajeer-3328	62	7	,	,	PUNCT
ajeer-3328	62	8	merika	merika	NOUN
ajeer-3328	62	9	,	,	PUNCT
ajeer-3328	62	10	tsionas	tsiona	NOUN
ajeer-3328	62	11	,	,	PUNCT
ajeer-3328	62	12	&	&	CCONJ
ajeer-3328	62	13	izzeldin	izzeldin	NOUN
ajeer-3328	62	14	(	(	PUNCT
ajeer-3328	62	15	2020	2020	NUM
ajeer-3328	62	16	)	)	PUNCT
ajeer-3328	62	17	presented	present	VERB
ajeer-3328	62	18	a	a	DET
ajeer-3328	62	19	new	new	ADJ
ajeer-3328	62	20	model	model	NOUN
ajeer-3328	62	21	to	to	PART
ajeer-3328	62	22	predict	predict	VERB
ajeer-3328	62	23	changes	change	NOUN
ajeer-3328	62	24	in	in	ADP
ajeer-3328	62	25	freight	freight	NOUN
ajeer-3328	62	26	rates	rate	NOUN
ajeer-3328	62	27	and	and	CCONJ
ajeer-3328	62	28	apply	apply	VERB
ajeer-3328	62	29	it	it	PRON
ajeer-3328	62	30	to	to	ADP
ajeer-3328	62	31	the	the	DET
ajeer-3328	62	32	bdi	bdi	PROPN
ajeer-3328	62	33	.	.	PUNCT
ajeer-3328	63	1	the	the	DET
ajeer-3328	63	2	findings	finding	NOUN
ajeer-3328	63	3	they	they	PRON
ajeer-3328	63	4	reported	report	VERB
ajeer-3328	63	5	show	show	VERB
ajeer-3328	63	6	that	that	SCONJ
ajeer-3328	63	7	the	the	DET
ajeer-3328	63	8	new	new	ADJ
ajeer-3328	63	9	model	model	NOUN
ajeer-3328	63	10	was	be	AUX
ajeer-3328	63	11	very	very	ADV
ajeer-3328	63	12	successful	successful	ADJ
ajeer-3328	63	13	in	in	ADP
ajeer-3328	63	14	forecasting	forecast	VERB
ajeer-3328	63	15	the	the	DET
ajeer-3328	63	16	bdi	bdi	PROPN
ajeer-3328	63	17	movement	movement	NOUN
ajeer-3328	63	18	.	.	PUNCT
ajeer-3328	64	1	thalassinos	thalassino	NOUN
ajeer-3328	64	2	,	,	PUNCT
ajeer-3328	64	3	hanias	hania	NOUN
ajeer-3328	64	4	,	,	PUNCT
ajeer-3328	64	5	curtis	curtis	PROPN
ajeer-3328	64	6	,	,	PUNCT
ajeer-3328	64	7	&	&	CCONJ
ajeer-3328	64	8	thalassinos	thalassinos	PROPN
ajeer-3328	64	9	(	(	PUNCT
ajeer-3328	64	10	2013	2013	NUM
ajeer-3328	64	11	)	)	PUNCT
ajeer-3328	64	12	used	use	VERB
ajeer-3328	64	13	the	the	DET
ajeer-3328	64	14	false	false	ADJ
ajeer-3328	64	15	nearest	near	ADJ
ajeer-3328	64	16	neighbors	neighbor	NOUN
ajeer-3328	64	17	(	(	PUNCT
ajeer-3328	64	18	fnn	fnn	PROPN
ajeer-3328	64	19	)	)	PUNCT
ajeer-3328	64	20	method	method	NOUN
ajeer-3328	64	21	to	to	PART
ajeer-3328	64	22	forecast	forecast	VERB
ajeer-3328	64	23	the	the	DET
ajeer-3328	64	24	bdi	bdi	PROPN
ajeer-3328	64	25	,	,	PUNCT
ajeer-3328	64	26	and	and	CCONJ
ajeer-3328	64	27	tsioumas	tsiouma	NOUN
ajeer-3328	64	28	,	,	PUNCT
ajeer-3328	64	29	papadimitriou	papadimitriou	NOUN
ajeer-3328	64	30	,	,	PUNCT
ajeer-3328	64	31	smirlis	smirli	NOUN
ajeer-3328	64	32	,	,	PUNCT
ajeer-3328	64	33	&	&	CCONJ
ajeer-3328	64	34	zahran	zahran	PROPN
ajeer-3328	64	35	(	(	PUNCT
ajeer-3328	64	36	2017	2017	NUM
ajeer-3328	64	37	)	)	PUNCT
ajeer-3328	64	38	used	use	VERB
ajeer-3328	64	39	a	a	DET
ajeer-3328	64	40	multivariate	multivariate	NOUN
ajeer-3328	64	41	vector	vector	NOUN
ajeer-3328	64	42	autoregressive	autoregressive	ADJ
ajeer-3328	64	43	model	model	NOUN
ajeer-3328	64	44	with	with	ADP
ajeer-3328	64	45	exogenous	exogenous	ADJ
ajeer-3328	64	46	variables	variable	NOUN
ajeer-3328	64	47	(	(	PUNCT
ajeer-3328	64	48	varx	varx	NOUN
ajeer-3328	64	49	)	)	PUNCT
ajeer-3328	64	50	.	.	PUNCT
ajeer-3328	65	1	zeng	zeng	PROPN
ajeer-3328	65	2	,	,	PUNCT
ajeer-3328	65	3	qu	qu	PROPN
ajeer-3328	65	4	,	,	PUNCT
ajeer-3328	65	5	ng	ng	PROPN
ajeer-3328	65	6	,	,	PUNCT
ajeer-3328	65	7	&	&	CCONJ
ajeer-3328	65	8	zhao	zhao	X
ajeer-3328	65	9	(	(	PUNCT
ajeer-3328	65	10	2016	2016	NUM
ajeer-3328	65	11	)	)	PUNCT
ajeer-3328	65	12	developed	develop	VERB
ajeer-3328	65	13	a	a	DET
ajeer-3328	65	14	new	new	ADJ
ajeer-3328	65	15	forecasting	forecasting	NOUN
ajeer-3328	65	16	approach	approach	NOUN
ajeer-3328	65	17	in	in	ADP
ajeer-3328	65	18	literature	literature	NOUN
ajeer-3328	65	19	known	know	VERB
ajeer-3328	65	20	as	as	ADP
ajeer-3328	65	21	empirical	empirical	ADJ
ajeer-3328	65	22	mode	mode	NOUN
ajeer-3328	65	23	decomposition	decomposition	NOUN
ajeer-3328	65	24	(	(	PUNCT
ajeer-3328	65	25	emd	emd	PROPN
ajeer-3328	65	26	)	)	PUNCT
ajeer-3328	65	27	.	.	PUNCT
ajeer-3328	66	1	this	this	DET
ajeer-3328	66	2	approach	approach	NOUN
ajeer-3328	66	3	is	be	AUX
ajeer-3328	66	4	based	base	VERB
ajeer-3328	66	5	on	on	ADP
ajeer-3328	66	6	artificial	artificial	ADJ
ajeer-3328	66	7	neural	neural	ADJ
ajeer-3328	66	8	networks	network	NOUN
ajeer-3328	66	9	(	(	PUNCT
ajeer-3328	66	10	ann	ann	PROPN
ajeer-3328	66	11	)	)	PUNCT
ajeer-3328	66	12	.	.	PUNCT
ajeer-3328	67	1	geman	geman	PROPN
ajeer-3328	67	2	&	&	CCONJ
ajeer-3328	67	3	smith	smith	PROPN
ajeer-3328	67	4	(	(	PUNCT
ajeer-3328	67	5	2012	2012	NUM
ajeer-3328	67	6	)	)	PUNCT
ajeer-3328	67	7	investigated	investigate	VERB
ajeer-3328	67	8	the	the	DET
ajeer-3328	67	9	bdi	bdi	PROPN
ajeer-3328	67	10	and	and	CCONJ
ajeer-3328	67	11	suggested	suggest	VERB
ajeer-3328	67	12	several	several	ADJ
ajeer-3328	67	13	diffusion	diffusion	NOUN
ajeer-3328	67	14	models	model	NOUN
ajeer-3328	67	15	that	that	PRON
ajeer-3328	67	16	are	be	AUX
ajeer-3328	67	17	able	able	ADJ
ajeer-3328	67	18	to	to	PART
ajeer-3328	67	19	capture	capture	VERB
ajeer-3328	67	20	the	the	DET
ajeer-3328	67	21	unique	unique	ADJ
ajeer-3328	67	22	features	feature	NOUN
ajeer-3328	67	23	of	of	ADP
ajeer-3328	67	24	its	its	PRON
ajeer-3328	67	25	trajectories	trajectory	NOUN
ajeer-3328	67	26	,	,	PUNCT
ajeer-3328	67	27	such	such	ADJ
ajeer-3328	67	28	as	as	ADP
ajeer-3328	67	29	large	large	ADJ
ajeer-3328	67	30	swings	swing	NOUN
ajeer-3328	67	31	and	and	CCONJ
ajeer-3328	67	32	high	high	ADJ
ajeer-3328	67	33	volatility	volatility	NOUN
ajeer-3328	67	34	.	.	PUNCT
ajeer-3328	68	1	the	the	DET
ajeer-3328	68	2	second	second	ADJ
ajeer-3328	68	3	group	group	NOUN
ajeer-3328	68	4	includes	include	VERB
ajeer-3328	68	5	papers	paper	NOUN
ajeer-3328	68	6	that	that	PRON
ajeer-3328	68	7	examine	examine	VERB
ajeer-3328	68	8	the	the	DET
ajeer-3328	68	9	relationship	relationship	NOUN
ajeer-3328	68	10	between	between	ADP
ajeer-3328	68	11	the	the	DET
ajeer-3328	68	12	bdi	bdi	PROPN
ajeer-3328	68	13	and	and	CCONJ
ajeer-3328	68	14	various	various	ADJ
ajeer-3328	68	15	microeconomic	microeconomic	ADJ
ajeer-3328	68	16	and	and	CCONJ
ajeer-3328	68	17	macroeconomic	macroeconomic	ADJ
ajeer-3328	68	18	indicators	indicator	NOUN
ajeer-3328	68	19	and	and	CCONJ
ajeer-3328	68	20	commodities	commodity	NOUN
ajeer-3328	68	21	.	.	PUNCT
ajeer-3328	69	1	tsioumas	tsioumas	PROPN
ajeer-3328	69	2	&	&	CCONJ
ajeer-3328	69	3	papadimitriou	papadimitriou	PROPN
ajeer-3328	69	4	(	(	PUNCT
ajeer-3328	69	5	2015	2015	NUM
ajeer-3328	69	6	)	)	PUNCT
ajeer-3328	69	7	investigated	investigate	VERB
ajeer-3328	69	8	the	the	DET
ajeer-3328	69	9	lead	lead	NOUN
ajeer-3328	69	10	–	–	PUNCT
ajeer-3328	69	11	lag	lag	NOUN
ajeer-3328	69	12	relationship	relationship	NOUN
ajeer-3328	69	13	between	between	ADP
ajeer-3328	69	14	china	china	PROPN
ajeer-3328	69	15	’s	’s	PART
ajeer-3328	69	16	steel	steel	NOUN
ajeer-3328	69	17	output	output	NOUN
ajeer-3328	69	18	and	and	CCONJ
ajeer-3328	69	19	various	various	ADJ
ajeer-3328	69	20	baltic	baltic	ADJ
ajeer-3328	69	21	exchange	exchange	NOUN
ajeer-3328	69	22	indices	index	NOUN
ajeer-3328	69	23	and	and	CCONJ
ajeer-3328	69	24	concluded	conclude	VERB
ajeer-3328	69	25	that	that	SCONJ
ajeer-3328	69	26	there	there	PRON
ajeer-3328	69	27	is	be	VERB
ajeer-3328	69	28	a	a	DET
ajeer-3328	69	29	significant	significant	ADJ
ajeer-3328	69	30	causality	causality	NOUN
ajeer-3328	69	31	effect	effect	NOUN
ajeer-3328	69	32	of	of	ADP
ajeer-3328	69	33	chinese	chinese	ADJ
ajeer-3328	69	34	steel	steel	NOUN
ajeer-3328	69	35	production	production	NOUN
ajeer-3328	69	36	on	on	ADP
ajeer-3328	69	37	the	the	DET
ajeer-3328	69	38	dry	dry	ADJ
ajeer-3328	69	39	bulk	bulk	ADJ
ajeer-3328	69	40	freight	freight	NOUN
ajeer-3328	69	41	market	market	NOUN
ajeer-3328	69	42	.	.	PUNCT
ajeer-3328	70	1	similar	similar	ADJ
ajeer-3328	70	2	results	result	NOUN
ajeer-3328	70	3	were	be	AUX
ajeer-3328	70	4	asian	asian	ADJ
ajeer-3328	70	5	journal	journal	NOUN
ajeer-3328	70	6	of	of	ADP
ajeer-3328	70	7	economics	economic	NOUN
ajeer-3328	70	8	and	and	CCONJ
ajeer-3328	70	9	empirical	empirical	ADJ
ajeer-3328	70	10	research	research	NOUN
ajeer-3328	70	11	,	,	PUNCT
ajeer-3328	70	12	2021	2021	NUM
ajeer-3328	70	13	,	,	PUNCT
ajeer-3328	70	14	8(2	8(2	NUM
ajeer-3328	70	15	):	):	PUNCT
ajeer-3328	70	16	67	67	NUM
ajeer-3328	70	17	-	-	SYM
ajeer-3328	70	18	72	72	NUM
ajeer-3328	70	19	69	69	NUM
ajeer-3328	70	20	©	©	PROPN
ajeer-3328	70	21	2021	2021	NUM
ajeer-3328	70	22	by	by	ADP
ajeer-3328	70	23	the	the	DET
ajeer-3328	70	24	authors	author	NOUN
ajeer-3328	70	25	;	;	PUNCT
ajeer-3328	70	26	licensee	licensee	PROPN
ajeer-3328	70	27	asian	asian	ADJ
ajeer-3328	70	28	online	online	PROPN
ajeer-3328	70	29	journal	journal	PROPN
ajeer-3328	70	30	publishing	publishing	NOUN
ajeer-3328	70	31	group	group	NOUN
ajeer-3328	70	32	presented	present	VERB
ajeer-3328	70	33	by	by	ADP
ajeer-3328	70	34	tsioumas	tsiouma	NOUN
ajeer-3328	70	35	&	&	CCONJ
ajeer-3328	70	36	papadimitriou	papadimitriou	PROPN
ajeer-3328	70	37	(	(	PUNCT
ajeer-3328	70	38	2016	2016	NUM
ajeer-3328	70	39	)	)	PUNCT
ajeer-3328	70	40	.	.	PUNCT
ajeer-3328	71	1	their	their	PRON
ajeer-3328	71	2	results	result	NOUN
ajeer-3328	71	3	provide	provide	VERB
ajeer-3328	71	4	evidence	evidence	NOUN
ajeer-3328	71	5	in	in	ADP
ajeer-3328	71	6	favor	favor	NOUN
ajeer-3328	71	7	of	of	ADP
ajeer-3328	71	8	an	an	DET
ajeer-3328	71	9	existing	exist	VERB
ajeer-3328	71	10	significant	significant	ADJ
ajeer-3328	71	11	causality	causality	NOUN
ajeer-3328	71	12	between	between	ADP
ajeer-3328	71	13	certain	certain	ADJ
ajeer-3328	71	14	commodity	commodity	NOUN
ajeer-3328	71	15	prices	price	NOUN
ajeer-3328	71	16	and	and	CCONJ
ajeer-3328	71	17	the	the	DET
ajeer-3328	71	18	freight	freight	NOUN
ajeer-3328	71	19	rates	rate	NOUN
ajeer-3328	71	20	of	of	ADP
ajeer-3328	71	21	bulk	bulk	ADJ
ajeer-3328	71	22	carriers	carrier	NOUN
ajeer-3328	71	23	.	.	PUNCT
ajeer-3328	72	1	a	a	DET
ajeer-3328	72	2	significant	significant	ADJ
ajeer-3328	72	3	part	part	NOUN
ajeer-3328	72	4	of	of	ADP
ajeer-3328	72	5	these	these	DET
ajeer-3328	72	6	papers	paper	NOUN
ajeer-3328	72	7	focuses	focus	VERB
ajeer-3328	72	8	on	on	ADP
ajeer-3328	72	9	testing	test	VERB
ajeer-3328	72	10	the	the	DET
ajeer-3328	72	11	hypothesis	hypothesis	NOUN
ajeer-3328	72	12	that	that	PRON
ajeer-3328	72	13	the	the	DET
ajeer-3328	72	14	bdi	bdi	PROPN
ajeer-3328	72	15	functions	function	NOUN
ajeer-3328	72	16	as	as	ADP
ajeer-3328	72	17	a	a	DET
ajeer-3328	72	18	signal	signal	NOUN
ajeer-3328	72	19	that	that	PRON
ajeer-3328	72	20	promptly	promptly	ADV
ajeer-3328	72	21	responds	respond	VERB
ajeer-3328	72	22	to	to	ADP
ajeer-3328	72	23	crisis	crisis	NOUN
ajeer-3328	72	24	effects	effect	NOUN
ajeer-3328	72	25	.	.	PUNCT
ajeer-3328	73	1	these	these	DET
ajeer-3328	73	2	papers	paper	NOUN
ajeer-3328	73	3	focus	focus	VERB
ajeer-3328	73	4	on	on	ADP
ajeer-3328	73	5	analyzing	analyze	VERB
ajeer-3328	73	6	the	the	DET
ajeer-3328	73	7	bdi	bdi	PROPN
ajeer-3328	73	8	as	as	ADP
ajeer-3328	73	9	a	a	DET
ajeer-3328	73	10	supply	supply	NOUN
ajeer-3328	73	11	and	and	CCONJ
ajeer-3328	73	12	demand	demand	NOUN
ajeer-3328	73	13	signal	signal	NOUN
ajeer-3328	73	14	for	for	ADP
ajeer-3328	73	15	the	the	DET
ajeer-3328	73	16	stock	stock	NOUN
ajeer-3328	73	17	market	market	NOUN
ajeer-3328	73	18	.	.	PUNCT
ajeer-3328	74	1	faqin	faqin	PROPN
ajeer-3328	74	2	&	&	CCONJ
ajeer-3328	74	3	sim	sim	PROPN
ajeer-3328	74	4	(	(	PUNCT
ajeer-3328	74	5	2013	2013	NUM
ajeer-3328	74	6	)	)	PUNCT
ajeer-3328	74	7	examined	examine	VERB
ajeer-3328	74	8	the	the	DET
ajeer-3328	74	9	link	link	NOUN
ajeer-3328	74	10	between	between	ADP
ajeer-3328	74	11	the	the	DET
ajeer-3328	74	12	bdi	bdi	PROPN
ajeer-3328	74	13	as	as	ADP
ajeer-3328	74	14	a	a	DET
ajeer-3328	74	15	proxy	proxy	NOUN
ajeer-3328	74	16	for	for	ADP
ajeer-3328	74	17	trade	trade	NOUN
ajeer-3328	74	18	and	and	CCONJ
ajeer-3328	74	19	income	income	NOUN
ajeer-3328	74	20	improvements	improvement	NOUN
ajeer-3328	74	21	for	for	ADP
ajeer-3328	74	22	the	the	DET
ajeer-3328	74	23	48	48	NUM
ajeer-3328	74	24	least	least	ADV
ajeer-3328	74	25	developed	develop	VERB
ajeer-3328	74	26	countries	country	NOUN
ajeer-3328	74	27	.	.	PUNCT
ajeer-3328	75	1	since	since	SCONJ
ajeer-3328	75	2	trade	trade	NOUN
ajeer-3328	75	3	is	be	AUX
ajeer-3328	75	4	endogenous	endogenous	ADJ
ajeer-3328	75	5	in	in	ADP
ajeer-3328	75	6	the	the	DET
ajeer-3328	75	7	determination	determination	NOUN
ajeer-3328	75	8	of	of	ADP
ajeer-3328	75	9	income	income	NOUN
ajeer-3328	75	10	levels	level	NOUN
ajeer-3328	75	11	,	,	PUNCT
ajeer-3328	75	12	they	they	PRON
ajeer-3328	75	13	used	use	VERB
ajeer-3328	75	14	the	the	DET
ajeer-3328	75	15	bdi	bdi	PROPN
ajeer-3328	75	16	as	as	ADP
ajeer-3328	75	17	a	a	DET
ajeer-3328	75	18	proxy	proxy	NOUN
ajeer-3328	75	19	for	for	ADP
ajeer-3328	75	20	trade	trade	NOUN
ajeer-3328	75	21	and	and	CCONJ
ajeer-3328	75	22	developed	develop	VERB
ajeer-3328	75	23	a	a	DET
ajeer-3328	75	24	new	new	ADJ
ajeer-3328	75	25	measure	measure	NOUN
ajeer-3328	75	26	of	of	ADP
ajeer-3328	75	27	trade	trade	NOUN
ajeer-3328	75	28	cost	cost	NOUN
ajeer-3328	75	29	as	as	ADP
ajeer-3328	75	30	an	an	DET
ajeer-3328	75	31	external	external	ADJ
ajeer-3328	75	32	source	source	NOUN
ajeer-3328	75	33	of	of	ADP
ajeer-3328	75	34	variation	variation	NOUN
ajeer-3328	75	35	in	in	ADP
ajeer-3328	75	36	trade	trade	NOUN
ajeer-3328	75	37	,	,	PUNCT
ajeer-3328	75	38	which	which	PRON
ajeer-3328	75	39	,	,	PUNCT
ajeer-3328	75	40	in	in	ADP
ajeer-3328	75	41	turn	turn	NOUN
ajeer-3328	75	42	,	,	PUNCT
ajeer-3328	75	43	is	be	AUX
ajeer-3328	75	44	used	use	VERB
ajeer-3328	75	45	to	to	PART
ajeer-3328	75	46	construct	construct	VERB
ajeer-3328	75	47	the	the	DET
ajeer-3328	75	48	within	within	ADP
ajeer-3328	75	49	-	-	PUNCT
ajeer-3328	75	50	country	country	NOUN
ajeer-3328	75	51	estimate	estimate	NOUN
ajeer-3328	75	52	of	of	ADP
ajeer-3328	75	53	the	the	DET
ajeer-3328	75	54	causal	causal	ADJ
ajeer-3328	75	55	effect	effect	NOUN
ajeer-3328	75	56	that	that	SCONJ
ajeer-3328	75	57	trade	trade	NOUN
ajeer-3328	75	58	has	have	VERB
ajeer-3328	75	59	on	on	ADP
ajeer-3328	75	60	the	the	DET
ajeer-3328	75	61	income	income	NOUN
ajeer-3328	75	62	of	of	ADP
ajeer-3328	75	63	the	the	DET
ajeer-3328	75	64	least	least	ADV
ajeer-3328	75	65	developed	develop	VERB
ajeer-3328	75	66	countries	country	NOUN
ajeer-3328	75	67	.	.	PUNCT
ajeer-3328	76	1	they	they	PRON
ajeer-3328	76	2	found	find	VERB
ajeer-3328	76	3	that	that	SCONJ
ajeer-3328	76	4	a	a	DET
ajeer-3328	76	5	reduction	reduction	NOUN
ajeer-3328	76	6	in	in	ADP
ajeer-3328	76	7	the	the	DET
ajeer-3328	76	8	bdi	bdi	PROPN
ajeer-3328	76	9	has	have	VERB
ajeer-3328	76	10	a	a	DET
ajeer-3328	76	11	positive	positive	ADJ
ajeer-3328	76	12	effect	effect	NOUN
ajeer-3328	76	13	on	on	ADP
ajeer-3328	76	14	the	the	DET
ajeer-3328	76	15	income	income	NOUN
ajeer-3328	76	16	of	of	ADP
ajeer-3328	76	17	least	least	ADJ
ajeer-3328	76	18	developed	develop	VERB
ajeer-3328	76	19	countries	country	NOUN
ajeer-3328	76	20	through	through	ADP
ajeer-3328	76	21	the	the	DET
ajeer-3328	76	22	trade	trade	NOUN
ajeer-3328	76	23	channel	channel	NOUN
ajeer-3328	76	24	;	;	PUNCT
ajeer-3328	76	25	a	a	DET
ajeer-3328	76	26	1	1	NUM
ajeer-3328	76	27	%	%	NOUN
ajeer-3328	76	28	expansion	expansion	NOUN
ajeer-3328	76	29	in	in	ADP
ajeer-3328	76	30	trade	trade	NOUN
ajeer-3328	76	31	raises	raise	VERB
ajeer-3328	76	32	the	the	DET
ajeer-3328	76	33	gdp	gdp	NOUN
ajeer-3328	76	34	per	per	ADP
ajeer-3328	76	35	capita	capita	NOUN
ajeer-3328	76	36	by	by	ADP
ajeer-3328	76	37	approximately	approximately	ADV
ajeer-3328	76	38	0.5	0.5	NUM
ajeer-3328	76	39	%	%	NOUN
ajeer-3328	76	40	on	on	ADP
ajeer-3328	76	41	average	average	ADJ
ajeer-3328	76	42	.	.	PUNCT
ajeer-3328	77	1	this	this	DET
ajeer-3328	77	2	estimate	estimate	NOUN
ajeer-3328	77	3	is	be	AUX
ajeer-3328	77	4	much	much	ADV
ajeer-3328	77	5	larger	large	ADJ
ajeer-3328	77	6	than	than	ADP
ajeer-3328	77	7	what	what	PRON
ajeer-3328	77	8	was	be	AUX
ajeer-3328	77	9	previously	previously	ADV
ajeer-3328	77	10	found	find	VERB
ajeer-3328	77	11	in	in	ADP
ajeer-3328	77	12	the	the	DET
ajeer-3328	77	13	literature	literature	NOUN
ajeer-3328	77	14	and	and	CCONJ
ajeer-3328	77	15	its	its	PRON
ajeer-3328	77	16	quantitative	quantitative	ADJ
ajeer-3328	77	17	significance	significance	NOUN
ajeer-3328	77	18	emphasizes	emphasize	VERB
ajeer-3328	77	19	the	the	DET
ajeer-3328	77	20	importance	importance	NOUN
ajeer-3328	77	21	of	of	ADP
ajeer-3328	77	22	trade	trade	NOUN
ajeer-3328	77	23	for	for	ADP
ajeer-3328	77	24	the	the	DET
ajeer-3328	77	25	economic	economic	ADJ
ajeer-3328	77	26	development	development	NOUN
ajeer-3328	77	27	of	of	ADP
ajeer-3328	77	28	low	low	ADJ
ajeer-3328	77	29	income	income	NOUN
ajeer-3328	77	30	countries	country	NOUN
ajeer-3328	77	31	(	(	PUNCT
ajeer-3328	77	32	faqin	faqin	PROPN
ajeer-3328	77	33	&	&	CCONJ
ajeer-3328	77	34	sim	sim	PROPN
ajeer-3328	77	35	,	,	PUNCT
ajeer-3328	77	36	2013	2013	NUM
ajeer-3328	77	37	)	)	PUNCT
ajeer-3328	77	38	.	.	PUNCT
ajeer-3328	78	1	papailias	papailia	NOUN
ajeer-3328	78	2	et	et	PROPN
ajeer-3328	78	3	al	al	PROPN
ajeer-3328	78	4	.	.	PROPN
ajeer-3328	79	1	(	(	PUNCT
ajeer-3328	79	2	2017	2017	NUM
ajeer-3328	79	3	)	)	PUNCT
ajeer-3328	79	4	found	find	VERB
ajeer-3328	79	5	that	that	SCONJ
ajeer-3328	79	6	variations	variation	NOUN
ajeer-3328	79	7	in	in	ADP
ajeer-3328	79	8	the	the	DET
ajeer-3328	79	9	bdi	bdi	PROPN
ajeer-3328	79	10	are	be	AUX
ajeer-3328	79	11	strongly	strongly	ADV
ajeer-3328	79	12	associated	associate	VERB
ajeer-3328	79	13	with	with	ADP
ajeer-3328	79	14	fluctuations	fluctuation	NOUN
ajeer-3328	79	15	in	in	ADP
ajeer-3328	79	16	commodity	commodity	NOUN
ajeer-3328	79	17	markets	market	NOUN
ajeer-3328	79	18	,	,	PUNCT
ajeer-3328	79	19	such	such	ADJ
ajeer-3328	79	20	as	as	ADP
ajeer-3328	79	21	coal	coal	NOUN
ajeer-3328	79	22	,	,	PUNCT
ajeer-3328	79	23	steel	steel	NOUN
ajeer-3328	79	24	,	,	PUNCT
ajeer-3328	79	25	iron	iron	NOUN
ajeer-3328	79	26	,	,	PUNCT
ajeer-3328	79	27	corn	corn	NOUN
ajeer-3328	79	28	,	,	PUNCT
ajeer-3328	79	29	and	and	CCONJ
ajeer-3328	79	30	wheat	wheat	NOUN
ajeer-3328	79	31	markets	market	NOUN
ajeer-3328	79	32	.	.	PUNCT
ajeer-3328	80	1	they	they	PRON
ajeer-3328	80	2	also	also	ADV
ajeer-3328	80	3	showed	show	VERB
ajeer-3328	80	4	that	that	SCONJ
ajeer-3328	80	5	it	it	PRON
ajeer-3328	80	6	is	be	AUX
ajeer-3328	80	7	possible	possible	ADJ
ajeer-3328	80	8	,	,	PUNCT
ajeer-3328	80	9	by	by	ADP
ajeer-3328	80	10	applying	apply	VERB
ajeer-3328	80	11	trigonometric	trigonometric	ADJ
ajeer-3328	80	12	regression	regression	NOUN
ajeer-3328	80	13	,	,	PUNCT
ajeer-3328	80	14	to	to	PART
ajeer-3328	80	15	improve	improve	VERB
ajeer-3328	80	16	forecasting	forecasting	NOUN
ajeer-3328	80	17	in	in	ADP
ajeer-3328	80	18	the	the	DET
ajeer-3328	80	19	bdi	bdi	PROPN
ajeer-3328	80	20	movements	movement	NOUN
ajeer-3328	80	21	,	,	PUNCT
ajeer-3328	80	22	and	and	CCONJ
ajeer-3328	80	23	thus	thus	ADV
ajeer-3328	80	24	movements	movement	NOUN
ajeer-3328	80	25	of	of	ADP
ajeer-3328	80	26	commodity	commodity	NOUN
ajeer-3328	80	27	markets	market	NOUN
ajeer-3328	80	28	.	.	PUNCT
ajeer-3328	81	1	similar	similar	ADJ
ajeer-3328	81	2	studies	study	NOUN
ajeer-3328	81	3	were	be	AUX
ajeer-3328	81	4	conducted	conduct	VERB
ajeer-3328	81	5	by	by	ADP
ajeer-3328	81	6	adland	adland	PROPN
ajeer-3328	81	7	&	&	CCONJ
ajeer-3328	81	8	cullinane	cullinane	PROPN
ajeer-3328	81	9	(	(	PUNCT
ajeer-3328	81	10	2005	2005	NUM
ajeer-3328	81	11	)	)	PUNCT
ajeer-3328	81	12	;	;	PUNCT
ajeer-3328	81	13	koekebakker	koekebakker	NOUN
ajeer-3328	81	14	,	,	PUNCT
ajeer-3328	81	15	adland	adland	NOUN
ajeer-3328	81	16	,	,	PUNCT
ajeer-3328	81	17	&	&	CCONJ
ajeer-3328	81	18	sødal	sødal	PROPN
ajeer-3328	81	19	(	(	PUNCT
ajeer-3328	81	20	2006	2006	NUM
ajeer-3328	81	21	)	)	PUNCT
ajeer-3328	81	22	and	and	CCONJ
ajeer-3328	81	23	batchelor	batchelor	PROPN
ajeer-3328	81	24	,	,	PUNCT
ajeer-3328	81	25	alizadeh	alizadeh	NOUN
ajeer-3328	81	26	,	,	PUNCT
ajeer-3328	81	27	&	&	CCONJ
ajeer-3328	81	28	visvikis	visvikis	PROPN
ajeer-3328	81	29	(	(	PUNCT
ajeer-3328	81	30	2007	2007	NUM
ajeer-3328	81	31	)	)	PUNCT
ajeer-3328	81	32	.	.	PUNCT
ajeer-3328	82	1	they	they	PRON
ajeer-3328	82	2	studied	study	VERB
ajeer-3328	82	3	the	the	DET
ajeer-3328	82	4	bdi	bdi	PROPN
ajeer-3328	82	5	series	series	PROPN
ajeer-3328	82	6	as	as	ADP
ajeer-3328	82	7	a	a	DET
ajeer-3328	82	8	whole	whole	NOUN
ajeer-3328	82	9	rather	rather	ADV
ajeer-3328	82	10	than	than	ADP
ajeer-3328	82	11	analyzing	analyze	VERB
ajeer-3328	82	12	the	the	DET
ajeer-3328	82	13	spot	spot	NOUN
ajeer-3328	82	14	or	or	CCONJ
ajeer-3328	82	15	forward	forward	ADJ
ajeer-3328	82	16	rates	rate	NOUN
ajeer-3328	82	17	separately	separately	ADV
ajeer-3328	82	18	.	.	PUNCT
ajeer-3328	83	1	lin	lin	PROPN
ajeer-3328	83	2	&	&	CCONJ
ajeer-3328	83	3	sim	sim	PROPN
ajeer-3328	83	4	(	(	PUNCT
ajeer-3328	83	5	2013	2013	NUM
ajeer-3328	83	6	)	)	PUNCT
ajeer-3328	83	7	examined	examine	VERB
ajeer-3328	83	8	the	the	DET
ajeer-3328	83	9	relationship	relationship	NOUN
ajeer-3328	83	10	between	between	ADP
ajeer-3328	83	11	the	the	DET
ajeer-3328	83	12	bdi	bdi	PROPN
ajeer-3328	83	13	and	and	CCONJ
ajeer-3328	83	14	trade	trade	NOUN
ajeer-3328	83	15	in	in	ADP
ajeer-3328	83	16	sub	sub	ADJ
ajeer-3328	83	17	-	-	ADJ
ajeer-3328	83	18	saharan	saharan	ADJ
ajeer-3328	83	19	countries	country	NOUN
ajeer-3328	83	20	,	,	PUNCT
ajeer-3328	83	21	and	and	CCONJ
ajeer-3328	83	22	they	they	PRON
ajeer-3328	83	23	also	also	ADV
ajeer-3328	83	24	investigated	investigate	VERB
ajeer-3328	83	25	the	the	DET
ajeer-3328	83	26	impact	impact	NOUN
ajeer-3328	83	27	of	of	ADP
ajeer-3328	83	28	the	the	DET
ajeer-3328	83	29	bdi	bdi	PROPN
ajeer-3328	83	30	on	on	ADP
ajeer-3328	83	31	the	the	DET
ajeer-3328	83	32	transitory	transitory	ADJ
ajeer-3328	83	33	negative	negative	ADJ
ajeer-3328	83	34	income	income	NOUN
ajeer-3328	83	35	shocks	shock	NOUN
ajeer-3328	83	36	.	.	PUNCT
ajeer-3328	84	1	they	they	PRON
ajeer-3328	84	2	found	find	VERB
ajeer-3328	84	3	that	that	SCONJ
ajeer-3328	84	4	there	there	PRON
ajeer-3328	84	5	is	be	VERB
ajeer-3328	84	6	a	a	DET
ajeer-3328	84	7	strong	strong	ADJ
ajeer-3328	84	8	relationship	relationship	NOUN
ajeer-3328	84	9	between	between	ADP
ajeer-3328	84	10	the	the	DET
ajeer-3328	84	11	bdi	bdi	PROPN
ajeer-3328	84	12	and	and	CCONJ
ajeer-3328	84	13	trade	trade	PROPN
ajeer-3328	84	14	and	and	CCONJ
ajeer-3328	84	15	the	the	DET
ajeer-3328	84	16	impact	impact	NOUN
ajeer-3328	84	17	of	of	ADP
ajeer-3328	84	18	the	the	DET
ajeer-3328	84	19	bdi	bdi	PROPN
ajeer-3328	84	20	on	on	ADP
ajeer-3328	84	21	the	the	DET
ajeer-3328	84	22	transitory	transitory	ADJ
ajeer-3328	84	23	negative	negative	ADJ
ajeer-3328	84	24	income	income	NOUN
ajeer-3328	84	25	shocks	shock	NOUN
ajeer-3328	84	26	.	.	PUNCT
ajeer-3328	85	1	the	the	DET
ajeer-3328	85	2	seasonal	seasonal	ADJ
ajeer-3328	85	3	properties	property	NOUN
ajeer-3328	85	4	and	and	CCONJ
ajeer-3328	85	5	forecasting	forecasting	NOUN
ajeer-3328	85	6	in	in	ADP
ajeer-3328	85	7	the	the	DET
ajeer-3328	85	8	dry	dry	ADJ
ajeer-3328	85	9	bulk	bulk	NOUN
ajeer-3328	85	10	shipping	shipping	NOUN
ajeer-3328	85	11	sector	sector	NOUN
ajeer-3328	85	12	were	be	AUX
ajeer-3328	85	13	the	the	DET
ajeer-3328	85	14	subject	subject	NOUN
ajeer-3328	85	15	of	of	ADP
ajeer-3328	85	16	research	research	NOUN
ajeer-3328	85	17	conducted	conduct	VERB
ajeer-3328	85	18	by	by	ADP
ajeer-3328	85	19	cullinane	cullinane	PROPN
ajeer-3328	85	20	et	et	PROPN
ajeer-3328	85	21	al	al	PROPN
ajeer-3328	85	22	.	.	PROPN
ajeer-3328	86	1	(	(	PUNCT
ajeer-3328	86	2	1999	1999	NUM
ajeer-3328	86	3	)	)	PUNCT
ajeer-3328	86	4	;	;	PUNCT
ajeer-3328	86	5	kavussanos	kavussanos	PROPN
ajeer-3328	86	6	&	&	CCONJ
ajeer-3328	86	7	alizadeh	alizadeh	PROPN
ajeer-3328	86	8	-	-	PUNCT
ajeer-3328	86	9	m	m	PROPN
ajeer-3328	86	10	(	(	PUNCT
ajeer-3328	86	11	2001	2001	NUM
ajeer-3328	86	12	)	)	PUNCT
ajeer-3328	86	13	and	and	CCONJ
ajeer-3328	86	14	kavussanos	kavussanos	PROPN
ajeer-3328	86	15	&	&	CCONJ
ajeer-3328	86	16	alizadeh	alizadeh	PROPN
ajeer-3328	86	17	-	-	PUNCT
ajeer-3328	86	18	m	m	PROPN
ajeer-3328	86	19	(	(	PUNCT
ajeer-3328	86	20	2002	2002	NUM
ajeer-3328	86	21	)	)	PUNCT
ajeer-3328	86	22	.	.	PUNCT
ajeer-3328	87	1	the	the	DET
ajeer-3328	87	2	results	result	NOUN
ajeer-3328	87	3	of	of	ADP
ajeer-3328	87	4	these	these	DET
ajeer-3328	87	5	studies	study	NOUN
ajeer-3328	87	6	imply	imply	VERB
ajeer-3328	87	7	that	that	SCONJ
ajeer-3328	87	8	a	a	DET
ajeer-3328	87	9	considerable	considerable	ADJ
ajeer-3328	87	10	proportion	proportion	NOUN
ajeer-3328	87	11	of	of	ADP
ajeer-3328	87	12	the	the	DET
ajeer-3328	87	13	bdi	bdi	PROPN
ajeer-3328	87	14	variations	variation	NOUN
ajeer-3328	87	15	can	can	AUX
ajeer-3328	87	16	be	be	AUX
ajeer-3328	87	17	predicted	predict	VERB
ajeer-3328	87	18	by	by	ADP
ajeer-3328	87	19	a	a	DET
ajeer-3328	87	20	combination	combination	NOUN
ajeer-3328	87	21	of	of	ADP
ajeer-3328	87	22	explanatory	explanatory	ADJ
ajeer-3328	87	23	factors	factor	NOUN
ajeer-3328	87	24	and	and	CCONJ
ajeer-3328	87	25	the	the	DET
ajeer-3328	87	26	cyclical	cyclical	ADJ
ajeer-3328	87	27	pattern	pattern	NOUN
ajeer-3328	87	28	that	that	PRON
ajeer-3328	87	29	exists	exist	VERB
ajeer-3328	87	30	in	in	ADP
ajeer-3328	87	31	the	the	DET
ajeer-3328	87	32	series	series	NOUN
ajeer-3328	87	33	.	.	PUNCT
ajeer-3328	88	1	kavussanos	kavussanos	PROPN
ajeer-3328	88	2	&	&	CCONJ
ajeer-3328	88	3	nomikos	nomikos	PROPN
ajeer-3328	88	4	(	(	PUNCT
ajeer-3328	88	5	1999	1999	NUM
ajeer-3328	88	6	)	)	PUNCT
ajeer-3328	88	7	and	and	CCONJ
ajeer-3328	88	8	kavussanos	kavussanos	PROPN
ajeer-3328	88	9	&	&	CCONJ
ajeer-3328	88	10	visvikis	visvikis	PROPN
ajeer-3328	88	11	(	(	PUNCT
ajeer-3328	88	12	2004	2004	NUM
ajeer-3328	88	13	)	)	PUNCT
ajeer-3328	88	14	studied	study	VERB
ajeer-3328	88	15	the	the	DET
ajeer-3328	88	16	relationship	relationship	NOUN
ajeer-3328	88	17	between	between	ADP
ajeer-3328	88	18	freight	freight	NOUN
ajeer-3328	88	19	futures	future	NOUN
ajeer-3328	88	20	and	and	CCONJ
ajeer-3328	88	21	spot	spot	NOUN
ajeer-3328	88	22	prices	price	NOUN
ajeer-3328	88	23	using	use	VERB
ajeer-3328	88	24	the	the	DET
ajeer-3328	88	25	var	var	NOUN
ajeer-3328	88	26	and	and	CCONJ
ajeer-3328	88	27	vec	vec	PROPN
ajeer-3328	88	28	models	model	NOUN
ajeer-3328	88	29	.	.	PUNCT
ajeer-3328	89	1	kavussanos	kavussanos	PROPN
ajeer-3328	89	2	&	&	CCONJ
ajeer-3328	89	3	visvikis	visvikis	PROPN
ajeer-3328	89	4	(	(	PUNCT
ajeer-3328	89	5	2004	2004	NUM
ajeer-3328	89	6	)	)	PUNCT
ajeer-3328	89	7	and	and	CCONJ
ajeer-3328	89	8	kavussanos	kavussano	NOUN
ajeer-3328	89	9	,	,	PUNCT
ajeer-3328	89	10	visvikis	visviki	NOUN
ajeer-3328	89	11	,	,	PUNCT
ajeer-3328	89	12	&	&	CCONJ
ajeer-3328	89	13	menachof	menachof	PROPN
ajeer-3328	89	14	(	(	PUNCT
ajeer-3328	89	15	2004	2004	NUM
ajeer-3328	89	16	)	)	PUNCT
ajeer-3328	89	17	utilized	utilize	VERB
ajeer-3328	89	18	a	a	DET
ajeer-3328	89	19	cointegration	cointegration	NOUN
ajeer-3328	89	20	analysis	analysis	NOUN
ajeer-3328	89	21	to	to	PART
ajeer-3328	89	22	examine	examine	VERB
ajeer-3328	89	23	the	the	DET
ajeer-3328	89	24	predictability	predictability	NOUN
ajeer-3328	89	25	of	of	ADP
ajeer-3328	89	26	the	the	DET
ajeer-3328	89	27	forward	forward	ADJ
ajeer-3328	89	28	freight	freight	NOUN
ajeer-3328	89	29	agreements	agreement	NOUN
ajeer-3328	89	30	(	(	PUNCT
ajeer-3328	89	31	ffa	ffa	PROPN
ajeer-3328	89	32	)	)	PUNCT
ajeer-3328	89	33	in	in	ADP
ajeer-3328	89	34	the	the	DET
ajeer-3328	89	35	panamax	panamax	PROPN
ajeer-3328	89	36	freight	freight	NOUN
ajeer-3328	89	37	market	market	NOUN
ajeer-3328	89	38	.	.	PUNCT
ajeer-3328	90	1	jurun	jurun	PROPN
ajeer-3328	90	2	,	,	PUNCT
ajeer-3328	90	3	ratković	ratković	PROPN
ajeer-3328	90	4	,	,	PUNCT
ajeer-3328	90	5	&	&	CCONJ
ajeer-3328	90	6	moro	moro	PROPN
ajeer-3328	90	7	(	(	PUNCT
ajeer-3328	90	8	2015	2015	NUM
ajeer-3328	90	9	)	)	PUNCT
ajeer-3328	90	10	examined	examine	VERB
ajeer-3328	90	11	the	the	DET
ajeer-3328	90	12	relationship	relationship	NOUN
ajeer-3328	90	13	between	between	ADP
ajeer-3328	90	14	the	the	DET
ajeer-3328	90	15	bdi	bdi	PROPN
ajeer-3328	90	16	as	as	ADP
ajeer-3328	90	17	the	the	DET
ajeer-3328	90	18	key	key	ADJ
ajeer-3328	90	19	indicator	indicator	NOUN
ajeer-3328	90	20	of	of	ADP
ajeer-3328	90	21	economic	economic	ADJ
ajeer-3328	90	22	and	and	CCONJ
ajeer-3328	90	23	business	business	NOUN
ajeer-3328	90	24	activities	activity	NOUN
ajeer-3328	90	25	,	,	PUNCT
ajeer-3328	90	26	and	and	CCONJ
ajeer-3328	90	27	the	the	DET
ajeer-3328	90	28	business	business	NOUN
ajeer-3328	90	29	results	result	NOUN
ajeer-3328	90	30	of	of	ADP
ajeer-3328	90	31	shipping	ship	VERB
ajeer-3328	90	32	companies	company	NOUN
ajeer-3328	90	33	.	.	PUNCT
ajeer-3328	91	1	they	they	PRON
ajeer-3328	91	2	studied	study	VERB
ajeer-3328	91	3	the	the	DET
ajeer-3328	91	4	relationship	relationship	NOUN
ajeer-3328	91	5	between	between	ADP
ajeer-3328	91	6	the	the	DET
ajeer-3328	91	7	bdi	bdi	PROPN
ajeer-3328	91	8	and	and	CCONJ
ajeer-3328	91	9	performance	performance	NOUN
ajeer-3328	91	10	excellence	excellence	NOUN
ajeer-3328	91	11	of	of	ADP
ajeer-3328	91	12	the	the	DET
ajeer-3328	91	13	representative	representative	ADJ
ajeer-3328	91	14	shipping	shipping	NOUN
ajeer-3328	91	15	companies	company	NOUN
ajeer-3328	91	16	.	.	PUNCT
ajeer-3328	92	1	the	the	DET
ajeer-3328	92	2	results	result	NOUN
ajeer-3328	92	3	of	of	ADP
ajeer-3328	92	4	their	their	PRON
ajeer-3328	92	5	study	study	NOUN
ajeer-3328	92	6	show	show	VERB
ajeer-3328	92	7	that	that	SCONJ
ajeer-3328	92	8	there	there	PRON
ajeer-3328	92	9	is	be	VERB
ajeer-3328	92	10	a	a	DET
ajeer-3328	92	11	strong	strong	ADJ
ajeer-3328	92	12	relationship	relationship	NOUN
ajeer-3328	92	13	between	between	ADP
ajeer-3328	92	14	the	the	DET
ajeer-3328	92	15	average	average	ADJ
ajeer-3328	92	16	annual	annual	ADJ
ajeer-3328	92	17	bdi	bdi	PROPN
ajeer-3328	92	18	values	value	NOUN
ajeer-3328	92	19	as	as	ADP
ajeer-3328	92	20	an	an	DET
ajeer-3328	92	21	indicator	indicator	NOUN
ajeer-3328	92	22	of	of	ADP
ajeer-3328	92	23	the	the	DET
ajeer-3328	92	24	cyclical	cyclical	ADJ
ajeer-3328	92	25	nature	nature	NOUN
ajeer-3328	92	26	of	of	ADP
ajeer-3328	92	27	the	the	DET
ajeer-3328	92	28	maritime	maritime	ADJ
ajeer-3328	92	29	market	market	NOUN
ajeer-3328	92	30	and	and	CCONJ
ajeer-3328	92	31	results	result	NOUN
ajeer-3328	92	32	of	of	ADP
ajeer-3328	92	33	the	the	DET
ajeer-3328	92	34	representative	representative	ADJ
ajeer-3328	92	35	shipping	shipping	NOUN
ajeer-3328	92	36	companies	company	NOUN
ajeer-3328	92	37	.	.	PUNCT
ajeer-3328	93	1	jurun	jurun	PROPN
ajeer-3328	93	2	et	et	PROPN
ajeer-3328	93	3	al	al	PROPN
ajeer-3328	93	4	.	.	PROPN
ajeer-3328	94	1	(	(	PUNCT
ajeer-3328	94	2	2015	2015	NUM
ajeer-3328	94	3	)	)	PUNCT
ajeer-3328	94	4	used	use	VERB
ajeer-3328	94	5	the	the	DET
ajeer-3328	94	6	adjusted	adjust	VERB
ajeer-3328	94	7	altman	altman	NOUN
ajeer-3328	94	8	z	z	PROPN
ajeer-3328	94	9	-	-	PUNCT
ajeer-3328	94	10	score	score	NOUN
ajeer-3328	94	11	to	to	PART
ajeer-3328	94	12	measure	measure	VERB
ajeer-3328	94	13	business	business	NOUN
ajeer-3328	94	14	results	result	NOUN
ajeer-3328	94	15	.	.	PUNCT
ajeer-3328	95	1	the	the	DET
ajeer-3328	95	2	conclusion	conclusion	NOUN
ajeer-3328	95	3	of	of	ADP
ajeer-3328	95	4	their	their	PRON
ajeer-3328	95	5	study	study	NOUN
ajeer-3328	95	6	is	be	AUX
ajeer-3328	95	7	that	that	SCONJ
ajeer-3328	95	8	the	the	DET
ajeer-3328	95	9	bdi	bdi	PROPN
ajeer-3328	95	10	serves	serve	VERB
ajeer-3328	95	11	as	as	ADP
ajeer-3328	95	12	a	a	DET
ajeer-3328	95	13	good	good	ADJ
ajeer-3328	95	14	signal	signal	NOUN
ajeer-3328	95	15	for	for	ADP
ajeer-3328	95	16	the	the	DET
ajeer-3328	95	17	buying	buying	NOUN
ajeer-3328	95	18	or	or	CCONJ
ajeer-3328	95	19	selling	selling	NOUN
ajeer-3328	95	20	of	of	ADP
ajeer-3328	95	21	certain	certain	ADJ
ajeer-3328	95	22	shares	share	NOUN
ajeer-3328	95	23	.	.	PUNCT
ajeer-3328	96	1	in	in	ADP
ajeer-3328	96	2	other	other	ADJ
ajeer-3328	96	3	words	word	NOUN
ajeer-3328	96	4	,	,	PUNCT
ajeer-3328	96	5	it	it	PRON
ajeer-3328	96	6	provides	provide	VERB
ajeer-3328	96	7	a	a	DET
ajeer-3328	96	8	reliable	reliable	ADJ
ajeer-3328	96	9	basis	basis	NOUN
ajeer-3328	96	10	for	for	ADP
ajeer-3328	96	11	making	make	VERB
ajeer-3328	96	12	decisions	decision	NOUN
ajeer-3328	96	13	.	.	PUNCT
ajeer-3328	97	1	they	they	PRON
ajeer-3328	97	2	came	come	VERB
ajeer-3328	97	3	to	to	ADP
ajeer-3328	97	4	this	this	DET
ajeer-3328	97	5	conclusion	conclusion	NOUN
ajeer-3328	97	6	based	base	VERB
ajeer-3328	97	7	on	on	ADP
ajeer-3328	97	8	the	the	DET
ajeer-3328	97	9	discovery	discovery	NOUN
ajeer-3328	97	10	a	a	DET
ajeer-3328	97	11	high	high	ADJ
ajeer-3328	97	12	correlation	correlation	NOUN
ajeer-3328	97	13	exists	exist	VERB
ajeer-3328	97	14	between	between	ADP
ajeer-3328	97	15	short	short	ADJ
ajeer-3328	97	16	-	-	PUNCT
ajeer-3328	97	17	term	term	NOUN
ajeer-3328	97	18	(	(	PUNCT
ajeer-3328	97	19	quarterly	quarterly	ADJ
ajeer-3328	97	20	)	)	PUNCT
ajeer-3328	97	21	average	average	ADJ
ajeer-3328	97	22	bdi	bdi	PROPN
ajeer-3328	97	23	values	value	NOUN
ajeer-3328	97	24	and	and	CCONJ
ajeer-3328	97	25	a	a	DET
ajeer-3328	97	26	company	company	NOUN
ajeer-3328	97	27	’s	’s	PART
ajeer-3328	97	28	business	business	NOUN
ajeer-3328	97	29	excellence	excellence	PROPN
ajeer-3328	97	30	.	.	PUNCT
ajeer-3328	98	1	all	all	PRON
ajeer-3328	98	2	of	of	ADP
ajeer-3328	98	3	the	the	DET
ajeer-3328	98	4	abovementioned	abovementioned	ADJ
ajeer-3328	98	5	papers	paper	NOUN
ajeer-3328	98	6	suggest	suggest	VERB
ajeer-3328	98	7	possible	possible	ADJ
ajeer-3328	98	8	endogeneity	endogeneity	NOUN
ajeer-3328	98	9	problems	problem	NOUN
ajeer-3328	98	10	.	.	PUNCT
ajeer-3328	99	1	3	3	X
ajeer-3328	99	2	.	.	X
ajeer-3328	99	3	data	datum	NOUN
ajeer-3328	99	4	and	and	CCONJ
ajeer-3328	99	5	methodology	methodology	NOUN
ajeer-3328	99	6	as	as	SCONJ
ajeer-3328	99	7	already	already	ADV
ajeer-3328	99	8	mentioned	mention	VERB
ajeer-3328	99	9	,	,	PUNCT
ajeer-3328	99	10	the	the	DET
ajeer-3328	99	11	aim	aim	NOUN
ajeer-3328	99	12	of	of	ADP
ajeer-3328	99	13	the	the	DET
ajeer-3328	99	14	paper	paper	NOUN
ajeer-3328	99	15	is	be	AUX
ajeer-3328	99	16	to	to	PART
ajeer-3328	99	17	examine	examine	VERB
ajeer-3328	99	18	the	the	DET
ajeer-3328	99	19	relationship	relationship	NOUN
ajeer-3328	99	20	between	between	ADP
ajeer-3328	99	21	the	the	DET
ajeer-3328	99	22	bdi	bdi	PROPN
ajeer-3328	99	23	and	and	CCONJ
ajeer-3328	99	24	major	major	ADJ
ajeer-3328	99	25	raw	raw	ADJ
ajeer-3328	99	26	materials	material	NOUN
ajeer-3328	99	27	,	,	PUNCT
ajeer-3328	99	28	such	such	ADJ
ajeer-3328	99	29	as	as	ADP
ajeer-3328	99	30	corn	corn	NOUN
ajeer-3328	99	31	,	,	PUNCT
ajeer-3328	99	32	coal	coal	NOUN
ajeer-3328	99	33	crude	crude	NOUN
ajeer-3328	99	34	oil	oil	NOUN
ajeer-3328	99	35	,	,	PUNCT
ajeer-3328	99	36	iron	iron	NOUN
ajeer-3328	99	37	ore	ore	NOUN
ajeer-3328	99	38	,	,	PUNCT
ajeer-3328	99	39	soybeans	soybean	NOUN
ajeer-3328	99	40	,	,	PUNCT
ajeer-3328	99	41	copper	copper	NOUN
ajeer-3328	99	42	,	,	PUNCT
ajeer-3328	99	43	tin	tin	NOUN
ajeer-3328	99	44	,	,	PUNCT
ajeer-3328	99	45	wheat	wheat	NOUN
ajeer-3328	99	46	,	,	PUNCT
ajeer-3328	99	47	aluminum	aluminum	NOUN
ajeer-3328	99	48	,	,	PUNCT
ajeer-3328	99	49	zinc	zinc	NOUN
ajeer-3328	99	50	,	,	PUNCT
ajeer-3328	99	51	nickel	nickel	NOUN
ajeer-3328	99	52	,	,	PUNCT
ajeer-3328	99	53	gold	gold	NOUN
ajeer-3328	99	54	,	,	PUNCT
ajeer-3328	99	55	rice	rice	NOUN
ajeer-3328	99	56	and	and	CCONJ
ajeer-3328	99	57	lead	lead	NOUN
ajeer-3328	99	58	,	,	PUNCT
ajeer-3328	99	59	whose	whose	DET
ajeer-3328	99	60	freight	freight	NOUN
ajeer-3328	99	61	prices	price	NOUN
ajeer-3328	99	62	enter	enter	VERB
ajeer-3328	99	63	the	the	DET
ajeer-3328	99	64	bdi	bdi	PROPN
ajeer-3328	99	65	.	.	PUNCT
ajeer-3328	100	1	the	the	DET
ajeer-3328	100	2	raw	raw	ADJ
ajeer-3328	100	3	materials	material	NOUN
ajeer-3328	100	4	were	be	AUX
ajeer-3328	100	5	selected	select	VERB
ajeer-3328	100	6	from	from	ADP
ajeer-3328	100	7	the	the	DET
ajeer-3328	100	8	aforementioned	aforementioned	ADJ
ajeer-3328	100	9	empirical	empirical	ADJ
ajeer-3328	100	10	studies	study	NOUN
ajeer-3328	100	11	that	that	PRON
ajeer-3328	100	12	confirm	confirm	VERB
ajeer-3328	100	13	the	the	DET
ajeer-3328	100	14	link	link	NOUN
ajeer-3328	100	15	between	between	ADP
ajeer-3328	100	16	the	the	DET
ajeer-3328	100	17	bdi	bdi	PROPN
ajeer-3328	100	18	and	and	CCONJ
ajeer-3328	100	19	the	the	DET
ajeer-3328	100	20	major	major	ADJ
ajeer-3328	100	21	raw	raw	ADJ
ajeer-3328	100	22	materials	material	NOUN
ajeer-3328	100	23	.	.	PUNCT
ajeer-3328	101	1	data	datum	NOUN
ajeer-3328	101	2	were	be	AUX
ajeer-3328	101	3	collected	collect	VERB
ajeer-3328	101	4	from	from	ADP
ajeer-3328	101	5	the	the	DET
ajeer-3328	101	6	official	official	ADJ
ajeer-3328	101	7	federal	federal	PROPN
ajeer-3328	101	8	reserve	reserve	PROPN
ajeer-3328	101	9	bank	bank	PROPN
ajeer-3328	101	10	of	of	ADP
ajeer-3328	101	11	st	st	PROPN
ajeer-3328	101	12	.	.	PROPN
ajeer-3328	101	13	louis	louis	PROPN
ajeer-3328	101	14	and	and	CCONJ
ajeer-3328	101	15	bloomberg	bloomberg	PROPN
ajeer-3328	101	16	websites	website	NOUN
ajeer-3328	101	17	for	for	ADP
ajeer-3328	101	18	the	the	DET
ajeer-3328	101	19	period	period	NOUN
ajeer-3328	101	20	between	between	ADP
ajeer-3328	101	21	november	november	PROPN
ajeer-3328	101	22	1999	1999	NUM
ajeer-3328	101	23	and	and	CCONJ
ajeer-3328	101	24	september	september	PROPN
ajeer-3328	101	25	2020	2020	NUM
ajeer-3328	101	26	.	.	PUNCT
ajeer-3328	102	1	for	for	ADP
ajeer-3328	102	2	purpose	purpose	NOUN
ajeer-3328	102	3	of	of	ADP
ajeer-3328	102	4	this	this	DET
ajeer-3328	102	5	study	study	NOUN
ajeer-3328	102	6	,	,	PUNCT
ajeer-3328	102	7	monthly	monthly	ADJ
ajeer-3328	102	8	data	datum	NOUN
ajeer-3328	102	9	was	be	AUX
ajeer-3328	102	10	used	use	VERB
ajeer-3328	102	11	.	.	PUNCT
ajeer-3328	103	1	this	this	DET
ajeer-3328	103	2	study	study	NOUN
ajeer-3328	103	3	used	use	VERB
ajeer-3328	103	4	a	a	DET
ajeer-3328	103	5	multiple	multiple	ADJ
ajeer-3328	103	6	linear	linear	ADJ
ajeer-3328	103	7	regression	regression	NOUN
ajeer-3328	103	8	model	model	NOUN
ajeer-3328	103	9	on	on	ADP
ajeer-3328	103	10	a	a	DET
ajeer-3328	103	11	set	set	NOUN
ajeer-3328	103	12	of	of	ADP
ajeer-3328	103	13	explanatory	explanatory	ADJ
ajeer-3328	103	14	variables	variable	NOUN
ajeer-3328	103	15	as	as	SCONJ
ajeer-3328	103	16	mentioned	mention	VERB
ajeer-3328	103	17	above	above	ADV
ajeer-3328	103	18	.	.	PUNCT
ajeer-3328	104	1	the	the	DET
ajeer-3328	104	2	econometric	econometric	ADJ
ajeer-3328	104	3	model	model	NOUN
ajeer-3328	104	4	is	be	AUX
ajeer-3328	104	5	expressed	express	VERB
ajeer-3328	104	6	below	below	ADV
ajeer-3328	104	7	,	,	PUNCT
ajeer-3328	104	8	with	with	ADP
ajeer-3328	104	9	the	the	DET
ajeer-3328	104	10	bdi	bdi	PROPN
ajeer-3328	104	11	as	as	ADP
ajeer-3328	104	12	the	the	DET
ajeer-3328	104	13	dependent	dependent	ADJ
ajeer-3328	104	14	variable	variable	NOUN
ajeer-3328	104	15	.	.	PUNCT
ajeer-3328	105	1	(	(	PUNCT
ajeer-3328	105	2	1	1	X
ajeer-3328	105	3	)	)	PUNCT
ajeer-3328	105	4	where	where	SCONJ
ajeer-3328	105	5	bdi	bdi	PROPN
ajeer-3328	105	6	is	be	AUX
ajeer-3328	105	7	the	the	DET
ajeer-3328	105	8	baltic	baltic	ADJ
ajeer-3328	105	9	dry	dry	ADJ
ajeer-3328	105	10	index	index	NOUN
ajeer-3328	105	11	;	;	PUNCT
ajeer-3328	105	12	cor	cor	PROPN
ajeer-3328	105	13	is	be	AUX
ajeer-3328	105	14	corn	corn	NOUN
ajeer-3328	105	15	price	price	NOUN
ajeer-3328	105	16	;	;	PUNCT
ajeer-3328	105	17	coa	coa	NOUN
ajeer-3328	105	18	is	be	AUX
ajeer-3328	105	19	coal	coal	NOUN
ajeer-3328	105	20	price	price	NOUN
ajeer-3328	105	21	;	;	PUNCT
ajeer-3328	105	22	cru	cru	NOUN
ajeer-3328	105	23	is	be	AUX
ajeer-3328	105	24	crude	crude	ADJ
ajeer-3328	105	25	oil	oil	NOUN
ajeer-3328	105	26	price	price	NOUN
ajeer-3328	105	27	;	;	PUNCT
ajeer-3328	105	28	iro	iro	PROPN
ajeer-3328	105	29	is	be	AUX
ajeer-3328	105	30	iron	iron	NOUN
ajeer-3328	105	31	ore	ore	NOUN
ajeer-3328	105	32	;	;	PUNCT
ajeer-3328	105	33	soy	soy	NOUN
ajeer-3328	105	34	represents	represent	VERB
ajeer-3328	105	35	soybeans	soybean	NOUN
ajeer-3328	105	36	;	;	PUNCT
ajeer-3328	105	37	lea	lea	PROPN
ajeer-3328	105	38	is	be	AUX
ajeer-3328	105	39	lead	lead	ADJ
ajeer-3328	105	40	,	,	PUNCT
ajeer-3328	105	41	cop	cop	NOUN
ajeer-3328	105	42	represents	represent	VERB
ajeer-3328	105	43	copper	copper	NOUN
ajeer-3328	105	44	,	,	PUNCT
ajeer-3328	105	45	tin	tin	NOUN
ajeer-3328	105	46	represents	represent	VERB
ajeer-3328	105	47	tin	tin	NOUN
ajeer-3328	105	48	;	;	PUNCT
ajeer-3328	105	49	whe	whe	NOUN
ajeer-3328	105	50	represents	represent	VERB
ajeer-3328	105	51	wheat	wheat	NOUN
ajeer-3328	105	52	,	,	PUNCT
ajeer-3328	105	53	alu	alu	NOUN
ajeer-3328	105	54	is	be	AUX
ajeer-3328	105	55	aluminum	aluminum	NOUN
ajeer-3328	105	56	,	,	PUNCT
ajeer-3328	105	57	zin	zin	NOUN
ajeer-3328	105	58	is	be	AUX
ajeer-3328	105	59	zinc	zinc	NOUN
ajeer-3328	105	60	,	,	PUNCT
ajeer-3328	105	61	nil	nil	NOUN
ajeer-3328	105	62	is	be	AUX
ajeer-3328	105	63	nickel	nickel	NOUN
ajeer-3328	105	64	,	,	PUNCT
ajeer-3328	105	65	gol	gol	PROPN
ajeer-3328	105	66	represents	represent	VERB
ajeer-3328	105	67	gold	gold	NOUN
ajeer-3328	105	68	,	,	PUNCT
ajeer-3328	105	69	and	and	CCONJ
ajeer-3328	105	70	ric	ric	PROPN
ajeer-3328	105	71	represents	represent	VERB
ajeer-3328	105	72	rice	rice	NOUN
ajeer-3328	105	73	;	;	PUNCT
ajeer-3328	105	74	is	be	AUX
ajeer-3328	105	75	the	the	DET
ajeer-3328	105	76	model	model	NOUN
ajeer-3328	105	77	error	error	NOUN
ajeer-3328	105	78	.	.	PUNCT
ajeer-3328	106	1	according	accord	VERB
ajeer-3328	106	2	to	to	ADP
ajeer-3328	106	3	wooldridge	wooldridge	PROPN
ajeer-3328	106	4	(	(	PUNCT
ajeer-3328	106	5	2003	2003	NUM
ajeer-3328	106	6	)	)	PUNCT
ajeer-3328	106	7	and	and	CCONJ
ajeer-3328	106	8	radivojevic	radivojevic	PROPN
ajeer-3328	106	9	&	&	CCONJ
ajeer-3328	106	10	jovovic	jovovic	PROPN
ajeer-3328	106	11	(	(	PUNCT
ajeer-3328	106	12	2017	2017	NUM
ajeer-3328	106	13	)	)	PUNCT
ajeer-3328	106	14	,	,	PUNCT
ajeer-3328	106	15	the	the	DET
ajeer-3328	106	16	ordinary	ordinary	ADJ
ajeer-3328	106	17	least	least	ADJ
ajeer-3328	106	18	squares	square	NOUN
ajeer-3328	106	19	(	(	PUNCT
ajeer-3328	106	20	ols	ol	NOUN
ajeer-3328	106	21	)	)	PUNCT
ajeer-3328	106	22	model	model	NOUN
ajeer-3328	106	23	represents	represent	VERB
ajeer-3328	106	24	the	the	DET
ajeer-3328	106	25	most	most	ADV
ajeer-3328	106	26	efficient	efficient	ADJ
ajeer-3328	106	27	estimator	estimator	NOUN
ajeer-3328	106	28	.	.	PUNCT
ajeer-3328	107	1	however	however	ADV
ajeer-3328	107	2	,	,	PUNCT
ajeer-3328	107	3	it	it	PRON
ajeer-3328	107	4	is	be	AUX
ajeer-3328	107	5	true	true	ADJ
ajeer-3328	107	6	only	only	ADV
ajeer-3328	107	7	if	if	SCONJ
ajeer-3328	107	8	all	all	DET
ajeer-3328	107	9	the	the	DET
ajeer-3328	107	10	assumptions	assumption	NOUN
ajeer-3328	107	11	on	on	ADP
ajeer-3328	107	12	which	which	PRON
ajeer-3328	107	13	it	it	PRON
ajeer-3328	107	14	is	be	AUX
ajeer-3328	107	15	based	base	VERB
ajeer-3328	107	16	are	be	AUX
ajeer-3328	107	17	met	meet	VERB
ajeer-3328	107	18	.	.	PUNCT
ajeer-3328	108	1	otherwise	otherwise	ADV
ajeer-3328	108	2	,	,	PUNCT
ajeer-3328	108	3	it	it	PRON
ajeer-3328	108	4	will	will	AUX
ajeer-3328	108	5	generate	generate	VERB
ajeer-3328	108	6	biased	biased	ADJ
ajeer-3328	108	7	/	/	SYM
ajeer-3328	108	8	unbiased	unbiased	ADJ
ajeer-3328	108	9	and	and	CCONJ
ajeer-3328	108	10	consistent	consistent	ADJ
ajeer-3328	108	11	/	/	SYM
ajeer-3328	108	12	inconsistent	inconsistent	ADJ
ajeer-3328	108	13	estimates	estimate	NOUN
ajeer-3328	108	14	(	(	PUNCT
ajeer-3328	108	15	some	some	PRON
ajeer-3328	108	16	of	of	ADP
ajeer-3328	108	17	these	these	DET
ajeer-3328	108	18	combinations	combination	NOUN
ajeer-3328	108	19	)	)	PUNCT
ajeer-3328	108	20	depending	depend	VERB
ajeer-3328	108	21	on	on	ADP
ajeer-3328	108	22	which	which	PRON
ajeer-3328	108	23	assumptions	assumption	NOUN
ajeer-3328	108	24	are	be	AUX
ajeer-3328	108	25	not	not	PART
ajeer-3328	108	26	met	meet	VERB
ajeer-3328	108	27	.	.	PUNCT
ajeer-3328	109	1	from	from	ADP
ajeer-3328	109	2	the	the	DET
ajeer-3328	109	3	literature	literature	NOUN
ajeer-3328	109	4	review	review	NOUN
ajeer-3328	109	5	on	on	ADP
ajeer-3328	109	6	this	this	DET
ajeer-3328	109	7	subject	subject	NOUN
ajeer-3328	109	8	,	,	PUNCT
ajeer-3328	109	9	it	it	PRON
ajeer-3328	109	10	was	be	AUX
ajeer-3328	109	11	observed	observe	VERB
ajeer-3328	109	12	that	that	SCONJ
ajeer-3328	109	13	researchers	researcher	NOUN
ajeer-3328	109	14	have	have	AUX
ajeer-3328	109	15	concluded	conclude	VERB
ajeer-3328	109	16	that	that	SCONJ
ajeer-3328	109	17	this	this	DET
ajeer-3328	109	18	topic	topic	NOUN
ajeer-3328	109	19	might	might	AUX
ajeer-3328	109	20	run	run	VERB
ajeer-3328	109	21	the	the	DET
ajeer-3328	109	22	risk	risk	NOUN
ajeer-3328	109	23	of	of	ADP
ajeer-3328	109	24	endogeneity	endogeneity	NOUN
ajeer-3328	109	25	.	.	PUNCT
ajeer-3328	110	1	the	the	DET
ajeer-3328	110	2	problem	problem	NOUN
ajeer-3328	110	3	of	of	ADP
ajeer-3328	110	4	the	the	DET
ajeer-3328	110	5	possible	possible	ADJ
ajeer-3328	110	6	endogeneity	endogeneity	NOUN
ajeer-3328	110	7	of	of	ADP
ajeer-3328	110	8	one	one	NUM
ajeer-3328	110	9	or	or	CCONJ
ajeer-3328	110	10	more	more	ADV
ajeer-3328	110	11	independent	independent	ADJ
ajeer-3328	110	12	variables	variable	NOUN
ajeer-3328	110	13	may	may	AUX
ajeer-3328	110	14	be	be	AUX
ajeer-3328	110	15	solved	solve	VERB
ajeer-3328	110	16	using	use	VERB
ajeer-3328	110	17	the	the	DET
ajeer-3328	110	18	two	two	NUM
ajeer-3328	110	19	-	-	PUNCT
ajeer-3328	110	20	stage	stage	NOUN
ajeer-3328	110	21	least	least	ADJ
ajeer-3328	110	22	squares	square	NOUN
ajeer-3328	110	23	(	(	PUNCT
ajeer-3328	110	24	2sls	2sls	NOUN
ajeer-3328	110	25	)	)	PUNCT
ajeer-3328	110	26	method	method	NOUN
ajeer-3328	110	27	but	but	CCONJ
ajeer-3328	110	28	the	the	DET
ajeer-3328	110	29	instrumental	instrumental	ADJ
ajeer-3328	110	30	variables	variable	NOUN
ajeer-3328	110	31	must	must	AUX
ajeer-3328	110	32	not	not	PART
ajeer-3328	110	33	be	be	AUX
ajeer-3328	110	34	weak	weak	ADJ
ajeer-3328	110	35	.	.	PUNCT
ajeer-3328	111	1	for	for	ADP
ajeer-3328	111	2	that	that	DET
ajeer-3328	111	3	reason	reason	NOUN
ajeer-3328	111	4	,	,	PUNCT
ajeer-3328	111	5	the	the	DET
ajeer-3328	111	6	2sls	2sls	NUM
ajeer-3328	111	7	method	method	NOUN
ajeer-3328	111	8	has	have	AUX
ajeer-3328	111	9	been	be	AUX
ajeer-3328	111	10	employed	employ	VERB
ajeer-3328	111	11	in	in	ADP
ajeer-3328	111	12	this	this	DET
ajeer-3328	111	13	study	study	NOUN
ajeer-3328	111	14	.	.	PUNCT
ajeer-3328	112	1	mladenovic	mladenovic	PROPN
ajeer-3328	112	2	&	&	CCONJ
ajeer-3328	112	3	pavlovic	pavlovic	ADJ
ajeer-3328	112	4	(	(	PUNCT
ajeer-3328	112	5	2003	2003	NUM
ajeer-3328	112	6	)	)	PUNCT
ajeer-3328	112	7	warned	warn	VERB
ajeer-3328	112	8	that	that	SCONJ
ajeer-3328	112	9	the	the	DET
ajeer-3328	112	10	2sls	2sls	PROPN
ajeer-3328	112	11	usually	usually	ADV
ajeer-3328	112	12	generates	generate	VERB
ajeer-3328	112	13	biased	biased	ADJ
ajeer-3328	112	14	and	and	CCONJ
ajeer-3328	112	15	consistent	consistent	ADJ
ajeer-3328	112	16	estimates	estimate	NOUN
ajeer-3328	112	17	.	.	PUNCT
ajeer-3328	113	1	in	in	ADP
ajeer-3328	113	2	addition	addition	NOUN
ajeer-3328	113	3	,	,	PUNCT
ajeer-3328	113	4	we	we	PRON
ajeer-3328	113	5	have	have	AUX
ajeer-3328	113	6	used	use	VERB
ajeer-3328	113	7	the	the	DET
ajeer-3328	113	8	generalized	generalized	ADJ
ajeer-3328	113	9	method	method	NOUN
ajeer-3328	113	10	of	of	ADP
ajeer-3328	113	11	moments	moment	NOUN
ajeer-3328	113	12	(	(	PUNCT
ajeer-3328	113	13	gmm	gmm	NOUN
ajeer-3328	113	14	)	)	PUNCT
ajeer-3328	113	15	.	.	PUNCT
ajeer-3328	114	1	unlike	unlike	ADP
ajeer-3328	114	2	other	other	ADJ
ajeer-3328	114	3	estimators	estimator	NOUN
ajeer-3328	114	4	,	,	PUNCT
ajeer-3328	114	5	the	the	DET
ajeer-3328	114	6	main	main	ADJ
ajeer-3328	114	7	advantage	advantage	NOUN
ajeer-3328	114	8	of	of	ADP
ajeer-3328	114	9	the	the	DET
ajeer-3328	114	10	gmm	gmm	NOUN
ajeer-3328	114	11	is	be	AUX
ajeer-3328	114	12	that	that	SCONJ
ajeer-3328	114	13	it	it	PRON
ajeer-3328	114	14	can	can	AUX
ajeer-3328	114	15	be	be	AUX
ajeer-3328	114	16	used	use	VERB
ajeer-3328	114	17	even	even	ADV
ajeer-3328	114	18	when	when	SCONJ
ajeer-3328	114	19	the	the	DET
ajeer-3328	114	20	assumptions	assumption	NOUN
ajeer-3328	114	21	of	of	ADP
ajeer-3328	114	22	other	other	ADJ
ajeer-3328	114	23	estimators	estimator	NOUN
ajeer-3328	114	24	are	be	AUX
ajeer-3328	114	25	not	not	PART
ajeer-3328	114	26	satisfied	satisfied	ADJ
ajeer-3328	114	27	.	.	PUNCT
ajeer-3328	115	1	generally	generally	ADV
ajeer-3328	115	2	speaking	speak	VERB
ajeer-3328	115	3	,	,	PUNCT
ajeer-3328	115	4	the	the	DET
ajeer-3328	115	5	gmm	gmm	NOUN
ajeer-3328	115	6	can	can	AUX
ajeer-3328	115	7	be	be	AUX
ajeer-3328	115	8	viewed	view	VERB
ajeer-3328	115	9	as	as	ADP
ajeer-3328	115	10	a	a	DET
ajeer-3328	115	11	generalization	generalization	NOUN
ajeer-3328	115	12	of	of	ADP
ajeer-3328	115	13	many	many	ADJ
ajeer-3328	115	14	other	other	ADJ
ajeer-3328	115	15	methods	method	NOUN
ajeer-3328	115	16	,	,	PUNCT
ajeer-3328	115	17	and	and	CCONJ
ajeer-3328	115	18	as	as	ADP
ajeer-3328	115	19	a	a	DET
ajeer-3328	115	20	result	result	NOUN
ajeer-3328	115	21	,	,	PUNCT
ajeer-3328	115	22	it	it	PRON
ajeer-3328	115	23	is	be	AUX
ajeer-3328	115	24	less	less	ADV
ajeer-3328	115	25	likely	likely	ADJ
ajeer-3328	115	26	to	to	PART
ajeer-3328	115	27	be	be	AUX
ajeer-3328	115	28	misspecified	misspecifie	VERB
ajeer-3328	115	29	(	(	PUNCT
ajeer-3328	115	30	chaussé	chaussé	NOUN
ajeer-3328	115	31	,	,	PUNCT
ajeer-3328	115	32	2010	2010	NUM
ajeer-3328	115	33	)	)	PUNCT
ajeer-3328	115	34	.	.	PUNCT
ajeer-3328	116	1	the	the	DET
ajeer-3328	116	2	gmm	gmm	PROPN
ajeer-3328	116	3	generates	generate	VERB
ajeer-3328	116	4	correct	correct	ADJ
ajeer-3328	116	5	standard	standard	ADJ
ajeer-3328	116	6	errors	error	NOUN
ajeer-3328	116	7	and	and	CCONJ
ajeer-3328	116	8	p	p	NOUN
ajeer-3328	116	9	-	-	PUNCT
ajeer-3328	116	10	values	value	NOUN
ajeer-3328	116	11	,	,	PUNCT
ajeer-3328	116	12	provided	provide	VERB
ajeer-3328	116	13	that	that	SCONJ
ajeer-3328	116	14	the	the	DET
ajeer-3328	116	15	specified	specified	ADJ
ajeer-3328	116	16	moment	moment	NOUN
ajeer-3328	116	17	conditions	condition	NOUN
ajeer-3328	116	18	are	be	AUX
ajeer-3328	116	19	valid	valid	ADJ
ajeer-3328	116	20	.	.	PUNCT
ajeer-3328	117	1	it	it	PRON
ajeer-3328	117	2	is	be	AUX
ajeer-3328	117	3	based	base	VERB
ajeer-3328	117	4	on	on	ADP
ajeer-3328	117	5	the	the	DET
ajeer-3328	117	6	simple	simple	ADJ
ajeer-3328	117	7	idea	idea	NOUN
ajeer-3328	117	8	that	that	SCONJ
ajeer-3328	117	9	the	the	DET
ajeer-3328	117	10	estimations	estimation	NOUN
ajeer-3328	117	11	of	of	ADP
ajeer-3328	117	12	parameters	parameter	NOUN
ajeer-3328	117	13	are	be	AUX
ajeer-3328	117	14	done	do	VERB
ajeer-3328	117	15	by	by	ADP
ajeer-3328	117	16	solving	solve	VERB
ajeer-3328	117	17	a	a	DET
ajeer-3328	117	18	set	set	NOUN
ajeer-3328	117	19	of	of	ADP
ajeer-3328	117	20	moment	moment	NOUN
ajeer-3328	117	21	conditions	condition	NOUN
ajeer-3328	117	22	.	.	PUNCT
ajeer-3328	118	1	for	for	ADP
ajeer-3328	118	2	the	the	DET
ajeer-3328	118	3	purpose	purpose	NOUN
ajeer-3328	118	4	of	of	ADP
ajeer-3328	118	5	this	this	DET
ajeer-3328	118	6	study	study	NOUN
ajeer-3328	118	7	,	,	PUNCT
ajeer-3328	118	8	a	a	DET
ajeer-3328	118	9	one	one	NUM
ajeer-3328	118	10	-	-	PUNCT
ajeer-3328	118	11	step1	step1	NOUN
ajeer-3328	118	12	iv	iv	PROPN
ajeer-3328	118	13	-	-	PUNCT
ajeer-3328	118	14	gmm	gmm	PROPN
ajeer-3328	118	15	was	be	AUX
ajeer-3328	118	16	used	use	VERB
ajeer-3328	118	17	.	.	PUNCT
ajeer-3328	119	1	since	since	SCONJ
ajeer-3328	119	2	the	the	DET
ajeer-3328	119	3	gmm	gmm	NOUN
ajeer-3328	119	4	depends	depend	VERB
ajeer-3328	119	5	only	only	ADV
ajeer-3328	119	6	on	on	ADP
ajeer-3328	119	7	moment	moment	NOUN
ajeer-3328	119	8	conditions	condition	NOUN
ajeer-3328	119	9	,	,	PUNCT
ajeer-3328	119	10	it	it	PRON
ajeer-3328	119	11	is	be	AUX
ajeer-3328	119	12	a	a	DET
ajeer-3328	119	13	reliable	reliable	ADJ
ajeer-3328	119	14	estimation	estimation	NOUN
ajeer-3328	119	15	procedure	procedure	NOUN
ajeer-3328	119	16	for	for	ADP
ajeer-3328	119	17	many	many	ADJ
ajeer-3328	119	18	models	model	NOUN
ajeer-3328	119	19	in	in	ADP
ajeer-3328	119	20	economics	economic	NOUN
ajeer-3328	119	21	and	and	CCONJ
ajeer-3328	119	22	1	1	NUM
ajeer-3328	119	23	of	of	ADP
ajeer-3328	119	24	the	the	DET
ajeer-3328	119	25	available	available	ADJ
ajeer-3328	119	26	two	two	NUM
ajeer-3328	119	27	-	-	PUNCT
ajeer-3328	119	28	step	step	NOUN
ajeer-3328	119	29	and	and	CCONJ
ajeer-3328	119	30	one	one	NUM
ajeer-3328	119	31	-	-	PUNCT
ajeer-3328	119	32	step	step	NOUN
ajeer-3328	119	33	gmms	gmms	NOUN
ajeer-3328	119	34	,	,	PUNCT
ajeer-3328	119	35	the	the	DET
ajeer-3328	119	36	one	one	NUM
ajeer-3328	119	37	-	-	PUNCT
ajeer-3328	119	38	step	step	NOUN
ajeer-3328	119	39	gmm	gmm	PROPN
ajeer-3328	119	40	estimator	estimator	NOUN
ajeer-3328	119	41	was	be	AUX
ajeer-3328	119	42	chosen	choose	VERB
ajeer-3328	119	43	as	as	SCONJ
ajeer-3328	119	44	it	it	PRON
ajeer-3328	119	45	tends	tend	VERB
ajeer-3328	119	46	to	to	PART
ajeer-3328	119	47	be	be	AUX
ajeer-3328	119	48	less	less	ADV
ajeer-3328	119	49	biased	biased	ADJ
ajeer-3328	119	50	in	in	ADP
ajeer-3328	119	51	smaller	small	ADJ
ajeer-3328	119	52	sample	sample	NOUN
ajeer-3328	119	53	sizes	size	NOUN
ajeer-3328	119	54	(	(	PUNCT
ajeer-3328	119	55	see	see	VERB
ajeer-3328	119	56	arellano	arellano	PROPN
ajeer-3328	119	57	&	&	CCONJ
ajeer-3328	119	58	bond	bond	PROPN
ajeer-3328	119	59	(	(	PUNCT
ajeer-3328	119	60	1991	1991	NUM
ajeer-3328	119	61	)	)	PUNCT
ajeer-3328	119	62	)	)	PUNCT
ajeer-3328	119	63	.	.	PUNCT
ajeer-3328	120	1	asian	asian	ADJ
ajeer-3328	120	2	journal	journal	PROPN
ajeer-3328	120	3	of	of	ADP
ajeer-3328	120	4	economics	economic	NOUN
ajeer-3328	120	5	and	and	CCONJ
ajeer-3328	120	6	empirical	empirical	ADJ
ajeer-3328	120	7	research	research	NOUN
ajeer-3328	120	8	,	,	PUNCT
ajeer-3328	120	9	2021	2021	NUM
ajeer-3328	120	10	,	,	PUNCT
ajeer-3328	120	11	8(2	8(2	NUM
ajeer-3328	120	12	):	):	PUNCT
ajeer-3328	120	13	67	67	NUM
ajeer-3328	120	14	-	-	SYM
ajeer-3328	120	15	72	72	NUM
ajeer-3328	120	16	70	70	NUM
ajeer-3328	120	17	©	©	PROPN
ajeer-3328	120	18	2021	2021	NUM
ajeer-3328	120	19	by	by	ADP
ajeer-3328	120	20	the	the	DET
ajeer-3328	120	21	authors	author	NOUN
ajeer-3328	120	22	;	;	PUNCT
ajeer-3328	120	23	licensee	licensee	PROPN
ajeer-3328	120	24	asian	asian	ADJ
ajeer-3328	120	25	online	online	PROPN
ajeer-3328	120	26	journal	journal	PROPN
ajeer-3328	120	27	publishing	publishing	NOUN
ajeer-3328	120	28	group	group	NOUN
ajeer-3328	120	29	finance	finance	NOUN
ajeer-3328	120	30	,	,	PUNCT
ajeer-3328	120	31	especially	especially	ADV
ajeer-3328	120	32	for	for	ADP
ajeer-3328	120	33	models	model	NOUN
ajeer-3328	120	34	which	which	PRON
ajeer-3328	120	35	suffer	suffer	VERB
ajeer-3328	120	36	from	from	ADP
ajeer-3328	120	37	endogeneity	endogeneity	NOUN
ajeer-3328	120	38	problems	problem	NOUN
ajeer-3328	120	39	because	because	SCONJ
ajeer-3328	120	40	it	it	PRON
ajeer-3328	120	41	provides	provide	VERB
ajeer-3328	120	42	the	the	DET
ajeer-3328	120	43	efficient	efficient	ADJ
ajeer-3328	120	44	estimations	estimation	NOUN
ajeer-3328	120	45	of	of	ADP
ajeer-3328	120	46	instrumental	instrumental	ADJ
ajeer-3328	120	47	variables	variable	NOUN
ajeer-3328	120	48	under	under	ADP
ajeer-3328	120	49	“	"	PUNCT
ajeer-3328	120	50	orthogonality	orthogonality	NOUN
ajeer-3328	120	51	conditions	condition	NOUN
ajeer-3328	120	52	”	"	PUNCT
ajeer-3328	120	53	,	,	PUNCT
ajeer-3328	120	54	with	with	ADP
ajeer-3328	120	55	the	the	DET
ajeer-3328	120	56	instrumental	instrumental	ADJ
ajeer-3328	120	57	variables	variable	NOUN
ajeer-3328	120	58	and	and	CCONJ
ajeer-3328	120	59	the	the	DET
ajeer-3328	120	60	error	error	NOUN
ajeer-3328	120	61	term	term	NOUN
ajeer-3328	120	62	being	be	AUX
ajeer-3328	120	63	orthogonal	orthogonal	ADJ
ajeer-3328	120	64	in	in	ADP
ajeer-3328	120	65	the	the	DET
ajeer-3328	120	66	expectation	expectation	NOUN
ajeer-3328	120	67	sense	sense	NOUN
ajeer-3328	120	68	(	(	PUNCT
ajeer-3328	120	69	radivojević	radivojević	NOUN
ajeer-3328	120	70	et	et	PROPN
ajeer-3328	120	71	al	al	PROPN
ajeer-3328	120	72	.	.	PROPN
ajeer-3328	120	73	,	,	PUNCT
ajeer-3328	120	74	2019	2019	NUM
ajeer-3328	120	75	)	)	PUNCT
ajeer-3328	120	76	.	.	PUNCT
ajeer-3328	121	1	4	4	X
ajeer-3328	121	2	.	.	X
ajeer-3328	121	3	empirical	empirical	ADJ
ajeer-3328	121	4	analysis	analysis	NOUN
ajeer-3328	121	5	and	and	CCONJ
ajeer-3328	121	6	discussion	discussion	NOUN
ajeer-3328	121	7	of	of	ADP
ajeer-3328	121	8	results	result	NOUN
ajeer-3328	121	9	table	table	NOUN
ajeer-3328	121	10	1	1	NUM
ajeer-3328	121	11	shows	show	VERB
ajeer-3328	121	12	the	the	DET
ajeer-3328	121	13	results	result	NOUN
ajeer-3328	121	14	of	of	ADP
ajeer-3328	121	15	the	the	DET
ajeer-3328	121	16	descriptive	descriptive	ADJ
ajeer-3328	121	17	statistics	statistic	NOUN
ajeer-3328	121	18	of	of	ADP
ajeer-3328	121	19	the	the	DET
ajeer-3328	121	20	data	datum	NOUN
ajeer-3328	121	21	set	set	VERB
ajeer-3328	121	22	.	.	PUNCT
ajeer-3328	122	1	as	as	SCONJ
ajeer-3328	122	2	can	can	AUX
ajeer-3328	122	3	be	be	AUX
ajeer-3328	122	4	seen	see	VERB
ajeer-3328	122	5	from	from	ADP
ajeer-3328	122	6	table	table	NOUN
ajeer-3328	122	7	1	1	NUM
ajeer-3328	122	8	,	,	PUNCT
ajeer-3328	122	9	the	the	DET
ajeer-3328	122	10	bdi	bdi	PROPN
ajeer-3328	122	11	ranges	range	VERB
ajeer-3328	122	12	from	from	ADP
ajeer-3328	122	13	306.9	306.9	NUM
ajeer-3328	122	14	to	to	ADP
ajeer-3328	122	15	10843.65	10843.65	NUM
ajeer-3328	122	16	,	,	PUNCT
ajeer-3328	122	17	which	which	PRON
ajeer-3328	122	18	indicates	indicate	VERB
ajeer-3328	122	19	a	a	DET
ajeer-3328	122	20	very	very	ADV
ajeer-3328	122	21	high	high	ADJ
ajeer-3328	122	22	disparity	disparity	NOUN
ajeer-3328	122	23	between	between	ADP
ajeer-3328	122	24	the	the	DET
ajeer-3328	122	25	minimum	minimum	ADJ
ajeer-3328	122	26	and	and	CCONJ
ajeer-3328	122	27	maximum	maximum	ADJ
ajeer-3328	122	28	index	index	NOUN
ajeer-3328	122	29	values	value	NOUN
ajeer-3328	122	30	.	.	PUNCT
ajeer-3328	123	1	the	the	DET
ajeer-3328	123	2	very	very	ADV
ajeer-3328	123	3	high	high	ADJ
ajeer-3328	123	4	value	value	NOUN
ajeer-3328	123	5	of	of	ADP
ajeer-3328	123	6	the	the	DET
ajeer-3328	123	7	standard	standard	ADJ
ajeer-3328	123	8	deviation	deviation	NOUN
ajeer-3328	123	9	of	of	ADP
ajeer-3328	123	10	the	the	DET
ajeer-3328	123	11	bdi	bdi	PROPN
ajeer-3328	123	12	testifies	testify	VERB
ajeer-3328	123	13	to	to	ADP
ajeer-3328	123	14	a	a	DET
ajeer-3328	123	15	large	large	ADJ
ajeer-3328	123	16	fluctuation	fluctuation	NOUN
ajeer-3328	123	17	in	in	ADP
ajeer-3328	123	18	the	the	DET
ajeer-3328	123	19	value	value	NOUN
ajeer-3328	123	20	of	of	ADP
ajeer-3328	123	21	this	this	DET
ajeer-3328	123	22	index	index	NOUN
ajeer-3328	123	23	,	,	PUNCT
ajeer-3328	123	24	and	and	CCONJ
ajeer-3328	123	25	this	this	DET
ajeer-3328	123	26	a	a	DET
ajeer-3328	123	27	similar	similar	ADJ
ajeer-3328	123	28	case	case	NOUN
ajeer-3328	123	29	for	for	ADP
ajeer-3328	123	30	the	the	DET
ajeer-3328	123	31	values	value	NOUN
ajeer-3328	123	32	of	of	ADP
ajeer-3328	123	33	all	all	DET
ajeer-3328	123	34	commodities	commodity	NOUN
ajeer-3328	123	35	.	.	PUNCT
ajeer-3328	124	1	the	the	DET
ajeer-3328	124	2	excess	excess	ADJ
ajeer-3328	124	3	kurtosis	kurtosis	NOUN
ajeer-3328	124	4	ranges	range	VERB
ajeer-3328	124	5	from	from	ADP
ajeer-3328	124	6	4.84	4.84	NUM
ajeer-3328	124	7	in	in	ADP
ajeer-3328	124	8	the	the	DET
ajeer-3328	124	9	case	case	NOUN
ajeer-3328	124	10	of	of	ADP
ajeer-3328	124	11	the	the	DET
ajeer-3328	124	12	bdi	bdi	PROPN
ajeer-3328	124	13	index	index	NOUN
ajeer-3328	124	14	to	to	PART
ajeer-3328	124	15	-1.09	-1.09	VERB
ajeer-3328	124	16	in	in	ADP
ajeer-3328	124	17	the	the	DET
ajeer-3328	124	18	case	case	NOUN
ajeer-3328	124	19	of	of	ADP
ajeer-3328	124	20	copper	copper	NOUN
ajeer-3328	124	21	.	.	PUNCT
ajeer-3328	125	1	this	this	PRON
ajeer-3328	125	2	indicates	indicate	VERB
ajeer-3328	125	3	that	that	SCONJ
ajeer-3328	125	4	the	the	DET
ajeer-3328	125	5	bdi	bdi	PROPN
ajeer-3328	125	6	index	index	NOUN
ajeer-3328	125	7	has	have	VERB
ajeer-3328	125	8	significant	significant	ADJ
ajeer-3328	125	9	leptokurtosis	leptokurtosis	NOUN
ajeer-3328	125	10	.	.	PUNCT
ajeer-3328	126	1	the	the	DET
ajeer-3328	126	2	skewness	skewness	NOUN
ajeer-3328	126	3	of	of	ADP
ajeer-3328	126	4	all	all	DET
ajeer-3328	126	5	the	the	DET
ajeer-3328	126	6	commodities	commodity	NOUN
ajeer-3328	126	7	and	and	CCONJ
ajeer-3328	126	8	the	the	DET
ajeer-3328	126	9	index	index	NOUN
ajeer-3328	126	10	is	be	AUX
ajeer-3328	126	11	different	different	ADJ
ajeer-3328	126	12	from	from	ADP
ajeer-3328	126	13	zero	zero	NUM
ajeer-3328	126	14	,	,	PUNCT
ajeer-3328	126	15	which	which	PRON
ajeer-3328	126	16	indicates	indicate	VERB
ajeer-3328	126	17	that	that	SCONJ
ajeer-3328	126	18	they	they	PRON
ajeer-3328	126	19	have	have	VERB
ajeer-3328	126	20	asymmetric	asymmetric	ADJ
ajeer-3328	126	21	distribution	distribution	NOUN
ajeer-3328	126	22	.	.	PUNCT
ajeer-3328	127	1	table	table	NOUN
ajeer-3328	127	2	1	1	NUM
ajeer-3328	127	3	.	.	PUNCT
ajeer-3328	127	4	descriptive	descriptive	ADJ
ajeer-3328	127	5	statistics	statistic	NOUN
ajeer-3328	127	6	of	of	ADP
ajeer-3328	127	7	selected	select	VERB
ajeer-3328	127	8	variables	variable	NOUN
ajeer-3328	127	9	.	.	PUNCT
ajeer-3328	128	1	bdi	bdi	PROPN
ajeer-3328	128	2	cor	cor	PROPN
ajeer-3328	128	3	coa	coa	PROPN
ajeer-3328	128	4	cru	cru	PROPN
ajeer-3328	128	5	iro	iro	PROPN
ajeer-3328	128	6	soy	soy	PROPN
ajeer-3328	128	7	cop	cop	PROPN
ajeer-3328	128	8	lea	lea	PROPN
ajeer-3328	128	9	mean	mean	VERB
ajeer-3328	128	10	2268.77	2268.77	NUM
ajeer-3328	128	11	164.72	164.72	NUM
ajeer-3328	128	12	73.21	73.21	NUM
ajeer-3328	128	13	60.62	60.62	NUM
ajeer-3328	128	14	67.44	67.44	NUM
ajeer-3328	128	15	336.30	336.30	NUM
ajeer-3328	128	16	5332.50	5332.50	NUM
ajeer-3328	128	17	1621.46	1621.46	NUM
ajeer-3328	128	18	standard	standard	ADJ
ajeer-3328	128	19	deviation	deviation	NOUN
ajeer-3328	128	20	2027.69	2027.69	NUM
ajeer-3328	128	21	63.74	63.74	NUM
ajeer-3328	128	22	33.92	33.92	NUM
ajeer-3328	128	23	26.22	26.22	NUM
ajeer-3328	128	24	48.01	48.01	NUM
ajeer-3328	128	25	115.60	115.60	NUM
ajeer-3328	128	26	2353.37	2353.37	NUM
ajeer-3328	128	27	753.00	753.00	NUM
ajeer-3328	128	28	excess	excess	ADJ
ajeer-3328	128	29	kurtosis	kurtosis	NOUN
ajeer-3328	128	30	4.84	4.84	NUM
ajeer-3328	128	31	0.13	0.13	NUM
ajeer-3328	128	32	0.02	0.02	NUM
ajeer-3328	128	33	-0.70	-0.70	NUM
ajeer-3328	128	34	-0.61	-0.61	NUM
ajeer-3328	128	35	-0.74	-0.74	NUM
ajeer-3328	128	36	-1.09	-1.09	PROPN
ajeer-3328	128	37	-0.86	-0.86	ADJ
ajeer-3328	128	38	skewness	skewness	NOUN
ajeer-3328	128	39	2.14	2.14	NUM
ajeer-3328	128	40	0.89	0.89	NUM
ajeer-3328	128	41	0.52	0.52	NUM
ajeer-3328	128	42	0.43	0.43	NUM
ajeer-3328	128	43	0.63	0.63	NUM
ajeer-3328	128	44	0.30	0.30	NUM
ajeer-3328	128	45	-0.35	-0.35	NUM
ajeer-3328	128	46	-0.23	-0.23	NOUN
ajeer-3328	128	47	minimum	minimum	NOUN
ajeer-3328	128	48	306.90	306.90	NUM
ajeer-3328	128	49	75.06	75.06	NUM
ajeer-3328	128	50	24.00	24.00	NUM
ajeer-3328	128	51	16.55	16.55	NUM
ajeer-3328	128	52	11.93	11.93	NUM
ajeer-3328	128	53	158.61	158.61	NUM
ajeer-3328	128	54	1377.38	1377.38	NUM
ajeer-3328	128	55	412.61	412.61	NUM
ajeer-3328	128	56	maximum	maximum	NOUN
ajeer-3328	128	57	10843.65	10843.65	NUM
ajeer-3328	128	58	333.00	333.00	NUM
ajeer-3328	128	59	195.19	195.19	NUM
ajeer-3328	128	60	133.88	133.88	NUM
ajeer-3328	128	61	187.18	187.18	NUM
ajeer-3328	128	62	622.91	622.91	NUM
ajeer-3328	128	63	9880.94	9880.94	NUM
ajeer-3328	128	64	3722.61	3722.61	NUM
ajeer-3328	128	65	no	no	NOUN
ajeer-3328	128	66	.	.	PUNCT
ajeer-3328	129	1	obs	obs	PROPN
ajeer-3328	129	2	.	.	PUNCT
ajeer-3328	130	1	251	251	NUM
ajeer-3328	130	2	251	251	NUM
ajeer-3328	130	3	251	251	NUM
ajeer-3328	130	4	251	251	NUM
ajeer-3328	130	5	251	251	NUM
ajeer-3328	130	6	251	251	NUM
ajeer-3328	130	7	251	251	NUM
ajeer-3328	130	8	251	251	NUM
ajeer-3328	130	9	tin	tin	NOUN
ajeer-3328	130	10	whe	whe	PROPN
ajeer-3328	130	11	alu	alu	PROPN
ajeer-3328	130	12	zin	zin	PROPN
ajeer-3328	130	13	nic	nic	PROPN
ajeer-3328	130	14	gol	gol	PROPN
ajeer-3328	130	15	ric	ric	PROPN
ajeer-3328	130	16	mean	mean	PROPN
ajeer-3328	130	17	14726.08	14726.08	NUM
ajeer-3328	130	18	184.20	184.20	NUM
ajeer-3328	130	19	1902.17	1902.17	NUM
ajeer-3328	130	20	1944.61	1944.61	NUM
ajeer-3328	130	21	15341.74	15341.74	NUM
ajeer-3328	130	22	958.33	958.33	NUM
ajeer-3328	130	23	391.55	391.55	NUM
ajeer-3328	130	24	standard	standard	ADJ
ajeer-3328	130	25	deviation	deviation	NOUN
ajeer-3328	130	26	7022.54	7022.54	NUM
ajeer-3328	130	27	64.56	64.56	NUM
ajeer-3328	130	28	414.70	414.70	NUM
ajeer-3328	130	29	798.11	798.11	NUM
ajeer-3328	130	30	7751.67	7751.67	NUM
ajeer-3328	130	31	482.84	482.84	NUM
ajeer-3328	130	32	153.35	153.35	NUM
ajeer-3328	130	33	excess	excess	ADJ
ajeer-3328	130	34	kurtosis	kurtosis	NOUN
ajeer-3328	130	35	-1.07	-1.07	NOUN
ajeer-3328	130	36	0.08	0.08	NUM
ajeer-3328	130	37	-0.07	-0.07	NUM
ajeer-3328	130	38	-0.23	-0.23	NUM
ajeer-3328	130	39	4.30	4.30	NUM
ajeer-3328	130	40	-1.31	-1.31	NUM
ajeer-3328	130	41	1.04	1.04	NUM
ajeer-3328	130	42	skewness	skewness	NOUN
ajeer-3328	130	43	-0.10	-0.10	NUM
ajeer-3328	130	44	0.82	0.82	NUM
ajeer-3328	130	45	0.77	0.77	NUM
ajeer-3328	130	46	0.39	0.39	NUM
ajeer-3328	130	47	1.74	1.74	NUM
ajeer-3328	130	48	-0.06	-0.06	NUM
ajeer-3328	130	49	0.69	0.69	NUM
ajeer-3328	130	50	minimum	minimum	NOUN
ajeer-3328	130	51	3698.37	3698.37	NUM
ajeer-3328	130	52	90.44	90.44	NUM
ajeer-3328	130	53	1283.53	1283.53	NUM
ajeer-3328	130	54	748.81	748.81	NUM
ajeer-3328	130	55	4830.78	4830.78	NUM
ajeer-3328	130	56	260.75	260.75	NUM
ajeer-3328	130	57	162.10	162.10	NUM
ajeer-3328	130	58	maximum	maximum	NOUN
ajeer-3328	130	59	32347.69	32347.69	NUM
ajeer-3328	130	60	403.81	403.81	NUM
ajeer-3328	130	61	3067.46	3067.46	NUM
ajeer-3328	130	62	4381.45	4381.45	NUM
ajeer-3328	130	63	51783.33	51783.33	NUM
ajeer-3328	130	64	1971.17	1971.17	NUM
ajeer-3328	130	65	1015.21	1015.21	NUM
ajeer-3328	130	66	no	no	NOUN
ajeer-3328	130	67	.	.	PUNCT
ajeer-3328	131	1	obs	obs	PROPN
ajeer-3328	131	2	.	.	PUNCT
ajeer-3328	132	1	251	251	NUM
ajeer-3328	132	2	251	251	NUM
ajeer-3328	132	3	251	251	NUM
ajeer-3328	132	4	251	251	NUM
ajeer-3328	132	5	251	251	NUM
ajeer-3328	132	6	251	251	NUM
ajeer-3328	132	7	251	251	NUM
ajeer-3328	132	8	to	to	PART
ajeer-3328	132	9	identify	identify	VERB
ajeer-3328	132	10	a	a	DET
ajeer-3328	132	11	potential	potential	ADJ
ajeer-3328	132	12	multicollinearity	multicollinearity	NOUN
ajeer-3328	132	13	problem	problem	NOUN
ajeer-3328	133	1	,	,	PUNCT
ajeer-3328	133	2	the	the	DET
ajeer-3328	133	3	next	next	ADJ
ajeer-3328	133	4	step	step	NOUN
ajeer-3328	133	5	included	include	VERB
ajeer-3328	133	6	an	an	DET
ajeer-3328	133	7	analysis	analysis	NOUN
ajeer-3328	133	8	of	of	ADP
ajeer-3328	133	9	the	the	DET
ajeer-3328	133	10	matrix	matrix	NOUN
ajeer-3328	133	11	correlation	correlation	NOUN
ajeer-3328	133	12	;	;	PUNCT
ajeer-3328	133	13	the	the	DET
ajeer-3328	133	14	results	result	NOUN
ajeer-3328	133	15	are	be	AUX
ajeer-3328	133	16	presented	present	VERB
ajeer-3328	133	17	in	in	ADP
ajeer-3328	133	18	table	table	NOUN
ajeer-3328	133	19	2	2	NUM
ajeer-3328	133	20	.	.	PUNCT
ajeer-3328	133	21	table	table	NOUN
ajeer-3328	133	22	2	2	NUM
ajeer-3328	133	23	.	.	PUNCT
ajeer-3328	133	24	matrix	matrix	NOUN
ajeer-3328	133	25	correlation	correlation	NOUN
ajeer-3328	133	26	.	.	PUNCT
ajeer-3328	134	1	bdi	bdi	PROPN
ajeer-3328	134	2	cor	cor	PROPN
ajeer-3328	134	3	coa	coa	PROPN
ajeer-3328	134	4	cru	cru	PROPN
ajeer-3328	134	5	iro	iro	PROPN
ajeer-3328	134	6	soy	soy	NOUN
ajeer-3328	134	7	cop	cop	PROPN
ajeer-3328	134	8	tin	tin	PROPN
ajeer-3328	134	9	whe	whe	PROPN
ajeer-3328	134	10	alu	alu	PROPN
ajeer-3328	134	11	zin	zin	PROPN
ajeer-3328	134	12	nic	nic	PROPN
ajeer-3328	134	13	gol	gol	PROPN
ajeer-3328	134	14	ric	ric	PROPN
ajeer-3328	134	15	lea	lea	PROPN
ajeer-3328	134	16	bdi	bdi	PROPN
ajeer-3328	134	17	1.00	1.00	NUM
ajeer-3328	134	18	cor	cor	X
ajeer-3328	134	19	-0.03	-0.03	NUM
ajeer-3328	134	20	1.00	1.00	NUM
ajeer-3328	134	21	coa	coa	NOUN
ajeer-3328	134	22	0.18	0.18	NUM
ajeer-3328	134	23	0.76	0.76	NUM
ajeer-3328	134	24	1.00	1.00	NUM
ajeer-3328	134	25	cru	cru	NOUN
ajeer-3328	134	26	0.29	0.29	NUM
ajeer-3328	134	27	0.80	0.80	NUM
ajeer-3328	134	28	0.79	0.79	NUM
ajeer-3328	134	29	1.00	1.00	NUM
ajeer-3328	134	30	iro	iro	X
ajeer-3328	134	31	-0.23	-0.23	ADP
ajeer-3328	134	32	0.82	0.82	NUM
ajeer-3328	134	33	0.71	0.71	NUM
ajeer-3328	134	34	0.70	0.70	NUM
ajeer-3328	134	35	1.00	1.00	NUM
ajeer-3328	134	36	soy	soy	NOUN
ajeer-3328	134	37	0.01	0.01	NUM
ajeer-3328	134	38	0.93	0.93	NUM
ajeer-3328	134	39	0.77	0.77	NUM
ajeer-3328	134	40	0.81	0.81	NUM
ajeer-3328	134	41	0.80	0.80	NUM
ajeer-3328	134	42	1.00	1.00	NUM
ajeer-3328	134	43	cop	cop	NOUN
ajeer-3328	134	44	0.15	0.15	NUM
ajeer-3328	134	45	0.80	0.80	NUM
ajeer-3328	134	46	0.81	0.81	NUM
ajeer-3328	134	47	0.85	0.85	NUM
ajeer-3328	134	48	0.79	0.79	NUM
ajeer-3328	134	49	0.78	0.78	NUM
ajeer-3328	134	50	1.00	1.00	NUM
ajeer-3328	134	51	tin	tin	NOUN
ajeer-3328	134	52	-0.09	-0.09	NUM
ajeer-3328	134	53	0.83	0.83	NUM
ajeer-3328	134	54	0.85	0.85	NUM
ajeer-3328	134	55	0.75	0.75	NUM
ajeer-3328	134	56	0.86	0.86	NUM
ajeer-3328	134	57	0.87	0.87	NUM
ajeer-3328	134	58	0.88	0.88	NUM
ajeer-3328	134	59	1.00	1.00	NUM
ajeer-3328	134	60	whe	whe	NOUN
ajeer-3328	134	61	0.27	0.27	NUM
ajeer-3328	134	62	0.86	0.86	NUM
ajeer-3328	134	63	0.71	0.71	NUM
ajeer-3328	134	64	0.84	0.84	NUM
ajeer-3328	134	65	0.64	0.64	NUM
ajeer-3328	134	66	0.85	0.85	NUM
ajeer-3328	134	67	0.78	0.78	NUM
ajeer-3328	134	68	0.72	0.72	NUM
ajeer-3328	134	69	1.00	1.00	NUM
ajeer-3328	134	70	alu	alu	NOUN
ajeer-3328	134	71	0.55	0.55	NUM
ajeer-3328	134	72	0.46	0.46	NUM
ajeer-3328	134	73	0.63	0.63	NUM
ajeer-3328	134	74	0.69	0.69	NUM
ajeer-3328	134	75	0.33	0.33	NUM
ajeer-3328	134	76	0.38	0.38	NUM
ajeer-3328	134	77	0.76	0.76	NUM
ajeer-3328	134	78	0.48	0.48	NUM
ajeer-3328	134	79	0.57	0.57	NUM
ajeer-3328	134	80	1.00	1.00	NUM
ajeer-3328	134	81	zin	zin	NOUN
ajeer-3328	134	82	0.15	0.15	NUM
ajeer-3328	134	83	0.35	0.35	NUM
ajeer-3328	134	84	0.49	0.49	NUM
ajeer-3328	134	85	0.45	0.45	NUM
ajeer-3328	134	86	0.37	0.37	NUM
ajeer-3328	134	87	0.34	0.34	NUM
ajeer-3328	134	88	0.76	0.76	NUM
ajeer-3328	134	89	0.58	0.58	NUM
ajeer-3328	134	90	0.35	0.35	NUM
ajeer-3328	134	91	0.73	0.73	NUM
ajeer-3328	134	92	1.00	1.00	NUM
ajeer-3328	134	93	nic	nic	NOUN
ajeer-3328	134	94	0.58	0.58	NUM
ajeer-3328	134	95	0.40	0.40	NUM
ajeer-3328	134	96	0.40	0.40	NUM
ajeer-3328	134	97	0.58	0.58	NUM
ajeer-3328	134	98	0.30	0.30	NUM
ajeer-3328	134	99	0.33	0.33	NUM
ajeer-3328	134	100	0.66	0.66	NUM
ajeer-3328	134	101	0.37	0.37	NUM
ajeer-3328	134	102	0.52	0.52	NUM
ajeer-3328	134	103	0.84	0.84	NUM
ajeer-3328	134	104	0.64	0.64	NUM
ajeer-3328	134	105	1.00	1.00	NUM
ajeer-3328	134	106	gol	gol	X
ajeer-3328	134	107	-0.31	-0.31	NUM
ajeer-3328	134	108	0.78	0.78	NUM
ajeer-3328	134	109	0.67	0.67	NUM
ajeer-3328	134	110	0.56	0.56	NUM
ajeer-3328	134	111	0.86	0.86	NUM
ajeer-3328	134	112	0.79	0.79	NUM
ajeer-3328	134	113	0.78	0.78	NUM
ajeer-3328	134	114	0.88	0.88	NUM
ajeer-3328	134	115	0.59	0.59	NUM
ajeer-3328	134	116	0.26	0.26	NUM
ajeer-3328	134	117	0.51	0.51	NUM
ajeer-3328	134	118	0.19	0.19	NUM
ajeer-3328	134	119	1.00	1.00	NUM
ajeer-3328	134	120	ric	ric	NOUN
ajeer-3328	134	121	0.13	0.13	NUM
ajeer-3328	134	122	0.79	0.79	NUM
ajeer-3328	134	123	0.81	0.81	NUM
ajeer-3328	134	124	0.75	0.75	NUM
ajeer-3328	134	125	0.73	0.73	NUM
ajeer-3328	134	126	0.81	0.81	NUM
ajeer-3328	134	127	0.75	0.75	NUM
ajeer-3328	134	128	0.76	0.76	NUM
ajeer-3328	134	129	0.72	0.72	NUM
ajeer-3328	134	130	0.48	0.48	NUM
ajeer-3328	134	131	0.35	0.35	NUM
ajeer-3328	134	132	0.35	0.35	NUM
ajeer-3328	134	133	0.72	0.72	NUM
ajeer-3328	134	134	1.00	1.00	NUM
ajeer-3328	134	135	lea	lea	NOUN
ajeer-3328	134	136	0.17	0.17	NUM
ajeer-3328	134	137	0.70	0.70	NUM
ajeer-3328	134	138	0.78	0.78	NUM
ajeer-3328	134	139	0.72	0.72	NUM
ajeer-3328	134	140	0.70	0.70	NUM
ajeer-3328	134	141	0.76	0.76	NUM
ajeer-3328	134	142	0.90	0.90	NUM
ajeer-3328	134	143	0.88	0.88	NUM
ajeer-3328	134	144	0.71	0.71	NUM
ajeer-3328	134	145	0.62	0.62	NUM
ajeer-3328	134	146	0.75	0.75	NUM
ajeer-3328	134	147	0.55	0.55	NUM
ajeer-3328	134	148	0.78	0.78	NUM
ajeer-3328	134	149	0.69	0.69	NUM
ajeer-3328	134	150	1.00	1.00	NUM
ajeer-3328	134	151	as	as	SCONJ
ajeer-3328	134	152	can	can	AUX
ajeer-3328	134	153	be	be	AUX
ajeer-3328	134	154	seen	see	VERB
ajeer-3328	134	155	from	from	ADP
ajeer-3328	134	156	table	table	NOUN
ajeer-3328	134	157	2	2	NUM
ajeer-3328	134	158	,	,	PUNCT
ajeer-3328	134	159	there	there	PRON
ajeer-3328	134	160	is	be	VERB
ajeer-3328	134	161	a	a	DET
ajeer-3328	134	162	strong	strong	ADJ
ajeer-3328	134	163	correlation	correlation	NOUN
ajeer-3328	134	164	(	(	PUNCT
ajeer-3328	134	165	above	above	ADP
ajeer-3328	134	166	0.800	0.800	NUM
ajeer-3328	134	167	)	)	PUNCT
ajeer-3328	134	168	between	between	ADP
ajeer-3328	134	169	certain	certain	ADJ
ajeer-3328	134	170	commodities	commodity	NOUN
ajeer-3328	134	171	.	.	PUNCT
ajeer-3328	135	1	for	for	ADP
ajeer-3328	135	2	this	this	DET
ajeer-3328	135	3	reason	reason	NOUN
ajeer-3328	135	4	,	,	PUNCT
ajeer-3328	135	5	eight	eight	NUM
ajeer-3328	135	6	variables	variable	NOUN
ajeer-3328	135	7	were	be	AUX
ajeer-3328	135	8	excluded	exclude	VERB
ajeer-3328	135	9	from	from	ADP
ajeer-3328	135	10	further	further	ADJ
ajeer-3328	135	11	analysis	analysis	NOUN
ajeer-3328	135	12	(	(	PUNCT
ajeer-3328	135	13	cor	cor	NOUN
ajeer-3328	135	14	,	,	PUNCT
ajeer-3328	135	15	coa	coa	PROPN
ajeer-3328	135	16	,	,	PUNCT
ajeer-3328	135	17	cru	cru	NOUN
ajeer-3328	135	18	,	,	PUNCT
ajeer-3328	135	19	soy	soy	NOUN
ajeer-3328	135	20	,	,	PUNCT
ajeer-3328	135	21	cop	cop	NOUN
ajeer-3328	135	22	,	,	PUNCT
ajeer-3328	135	23	tin	tin	NOUN
ajeer-3328	135	24	,	,	PUNCT
ajeer-3328	135	25	gol	gol	X
ajeer-3328	135	26	and	and	CCONJ
ajeer-3328	135	27	alu	alu	NOUN
ajeer-3328	135	28	)	)	PUNCT
ajeer-3328	135	29	.	.	PUNCT
ajeer-3328	136	1	as	as	SCONJ
ajeer-3328	136	2	two	two	NUM
ajeer-3328	136	3	different	different	ADJ
ajeer-3328	136	4	estimation	estimation	NOUN
ajeer-3328	136	5	methods	method	NOUN
ajeer-3328	136	6	are	be	AUX
ajeer-3328	136	7	used	use	VERB
ajeer-3328	136	8	,	,	PUNCT
ajeer-3328	136	9	two	two	NUM
ajeer-3328	136	10	different	different	ADJ
ajeer-3328	136	11	sets	set	NOUN
ajeer-3328	136	12	of	of	ADP
ajeer-3328	136	13	results	result	NOUN
ajeer-3328	136	14	are	be	AUX
ajeer-3328	136	15	illustrated	illustrate	VERB
ajeer-3328	136	16	in	in	ADP
ajeer-3328	136	17	table	table	NOUN
ajeer-3328	136	18	3	3	NUM
ajeer-3328	136	19	.	.	PUNCT
ajeer-3328	137	1	the	the	DET
ajeer-3328	137	2	2sls	2sls	NOUN
ajeer-3328	137	3	results	result	NOUN
ajeer-3328	137	4	in	in	ADP
ajeer-3328	137	5	table	table	NOUN
ajeer-3328	137	6	3	3	NUM
ajeer-3328	137	7	show	show	VERB
ajeer-3328	137	8	that	that	SCONJ
ajeer-3328	137	9	there	there	PRON
ajeer-3328	137	10	is	be	VERB
ajeer-3328	137	11	:	:	PUNCT
ajeer-3328	137	12	1	1	NUM
ajeer-3328	137	13	)	)	PUNCT
ajeer-3328	137	14	a	a	DET
ajeer-3328	137	15	positive	positive	ADJ
ajeer-3328	137	16	and	and	CCONJ
ajeer-3328	137	17	significant	significant	ADJ
ajeer-3328	137	18	relationship	relationship	NOUN
ajeer-3328	137	19	between	between	ADP
ajeer-3328	137	20	the	the	DET
ajeer-3328	137	21	bdi	bdi	PROPN
ajeer-3328	137	22	and	and	CCONJ
ajeer-3328	137	23	nic	nic	PROPN
ajeer-3328	137	24	–	–	PUNCT
ajeer-3328	137	25	every	every	DET
ajeer-3328	137	26	1	1	NUM
ajeer-3328	137	27	%	%	NOUN
ajeer-3328	137	28	increase	increase	NOUN
ajeer-3328	137	29	in	in	ADP
ajeer-3328	137	30	nic	nic	PROPN
ajeer-3328	137	31	causes	cause	VERB
ajeer-3328	137	32	an	an	DET
ajeer-3328	137	33	increase	increase	NOUN
ajeer-3328	137	34	of	of	ADP
ajeer-3328	137	35	0.217	0.217	NUM
ajeer-3328	137	36	%	%	NOUN
ajeer-3328	137	37	in	in	ADP
ajeer-3328	137	38	the	the	DET
ajeer-3328	137	39	bdi	bdi	PROPN
ajeer-3328	137	40	;	;	PUNCT
ajeer-3328	137	41	2	2	X
ajeer-3328	137	42	)	)	PUNCT
ajeer-3328	137	43	a	a	DET
ajeer-3328	137	44	positive	positive	ADJ
ajeer-3328	137	45	and	and	CCONJ
ajeer-3328	137	46	significant	significant	ADJ
ajeer-3328	137	47	correlation	correlation	NOUN
ajeer-3328	137	48	between	between	ADP
ajeer-3328	137	49	ric	ric	PROPN
ajeer-3328	137	50	and	and	CCONJ
ajeer-3328	137	51	the	the	DET
ajeer-3328	137	52	bdi	bdi	PROPN
ajeer-3328	137	53	–	–	PUNCT
ajeer-3328	137	54	for	for	ADP
ajeer-3328	137	55	every	every	DET
ajeer-3328	137	56	1	1	NUM
ajeer-3328	137	57	%	%	NOUN
ajeer-3328	137	58	increase	increase	NOUN
ajeer-3328	137	59	in	in	ADP
ajeer-3328	137	60	the	the	DET
ajeer-3328	137	61	value	value	NOUN
ajeer-3328	137	62	of	of	ADP
ajeer-3328	137	63	rice	rice	NOUN
ajeer-3328	137	64	,	,	PUNCT
ajeer-3328	137	65	the	the	DET
ajeer-3328	137	66	npl	npl	PROPN
ajeer-3328	137	67	’s	’s	PART
ajeer-3328	137	68	rate	rate	NOUN
ajeer-3328	137	69	will	will	AUX
ajeer-3328	137	70	rise	rise	VERB
ajeer-3328	137	71	by	by	ADP
ajeer-3328	137	72	approximately	approximately	ADV
ajeer-3328	137	73	4.17	4.17	NUM
ajeer-3328	137	74	%	%	NOUN
ajeer-3328	137	75	;	;	PUNCT
ajeer-3328	137	76	3	3	X
ajeer-3328	137	77	)	)	PUNCT
ajeer-3328	137	78	a	a	DET
ajeer-3328	137	79	positive	positive	ADJ
ajeer-3328	137	80	and	and	CCONJ
ajeer-3328	137	81	significant	significant	ADJ
ajeer-3328	137	82	relationship	relationship	NOUN
ajeer-3328	137	83	between	between	ADP
ajeer-3328	137	84	lea	lea	PROPN
ajeer-3328	137	85	and	and	CCONJ
ajeer-3328	137	86	the	the	DET
ajeer-3328	137	87	bdi	bdi	PROPN
ajeer-3328	137	88	–	–	PUNCT
ajeer-3328	137	89	every	every	DET
ajeer-3328	137	90	1	1	NUM
ajeer-3328	137	91	%	%	NOUN
ajeer-3328	137	92	rise	rise	NOUN
ajeer-3328	137	93	in	in	ADP
ajeer-3328	137	94	lea	lea	PROPN
ajeer-3328	137	95	leads	lead	VERB
ajeer-3328	137	96	to	to	ADP
ajeer-3328	137	97	a	a	DET
ajeer-3328	137	98	1.61	1.61	NUM
ajeer-3328	137	99	%	%	NOUN
ajeer-3328	137	100	increase	increase	NOUN
ajeer-3328	137	101	in	in	ADP
ajeer-3328	137	102	its	its	PRON
ajeer-3328	137	103	bdi	bdi	PROPN
ajeer-3328	137	104	value	value	NOUN
ajeer-3328	137	105	.	.	PUNCT
ajeer-3328	138	1	these	these	DET
ajeer-3328	138	2	results	result	NOUN
ajeer-3328	138	3	are	be	AUX
ajeer-3328	138	4	in	in	ADP
ajeer-3328	138	5	line	line	NOUN
ajeer-3328	138	6	with	with	ADP
ajeer-3328	138	7	those	those	PRON
ajeer-3328	138	8	found	find	VERB
ajeer-3328	138	9	by	by	ADP
ajeer-3328	138	10	papailias	papailia	NOUN
ajeer-3328	138	11	et	et	PROPN
ajeer-3328	138	12	al	al	PROPN
ajeer-3328	138	13	.	.	PROPN
ajeer-3328	139	1	(	(	PUNCT
ajeer-3328	139	2	2017	2017	NUM
ajeer-3328	139	3	)	)	PUNCT
ajeer-3328	139	4	,	,	PUNCT
ajeer-3328	139	5	tsioumas	tsioumas	PROPN
ajeer-3328	139	6	&	&	CCONJ
ajeer-3328	139	7	papadimitriou	papadimitriou	PROPN
ajeer-3328	139	8	(	(	PUNCT
ajeer-3328	139	9	2015	2015	NUM
ajeer-3328	139	10	)	)	PUNCT
ajeer-3328	139	11	and	and	CCONJ
ajeer-3328	139	12	tsioumas	tsioumas	PROPN
ajeer-3328	139	13	&	&	CCONJ
ajeer-3328	139	14	papadimitriou	papadimitriou	PROPN
ajeer-3328	139	15	(	(	PUNCT
ajeer-3328	139	16	2016	2016	NUM
ajeer-3328	139	17	)	)	PUNCT
ajeer-3328	139	18	.	.	PUNCT
ajeer-3328	140	1	the	the	DET
ajeer-3328	140	2	results	result	NOUN
ajeer-3328	140	3	obtained	obtain	VERB
ajeer-3328	140	4	from	from	ADP
ajeer-3328	140	5	the	the	DET
ajeer-3328	140	6	2sls	2sls	NOUN
ajeer-3328	140	7	also	also	ADV
ajeer-3328	140	8	show	show	VERB
ajeer-3328	140	9	that	that	SCONJ
ajeer-3328	140	10	there	there	PRON
ajeer-3328	140	11	is	be	VERB
ajeer-3328	140	12	:	:	PUNCT
ajeer-3328	140	13	1	1	NUM
ajeer-3328	140	14	)	)	PUNCT
ajeer-3328	140	15	a	a	DET
ajeer-3328	140	16	negative	negative	ADJ
ajeer-3328	140	17	and	and	CCONJ
ajeer-3328	140	18	significant	significant	ADJ
ajeer-3328	140	19	relationship	relationship	NOUN
ajeer-3328	140	20	between	between	ADP
ajeer-3328	140	21	iro	iro	PROPN
ajeer-3328	140	22	,	,	PUNCT
ajeer-3328	140	23	as	as	ADP
ajeer-3328	140	24	one	one	NUM
ajeer-3328	140	25	of	of	ADP
ajeer-3328	140	26	the	the	DET
ajeer-3328	140	27	main	main	ADJ
ajeer-3328	140	28	commodities	commodity	NOUN
ajeer-3328	140	29	for	for	ADP
ajeer-3328	140	30	international	international	ADJ
ajeer-3328	140	31	trade	trade	NOUN
ajeer-3328	140	32	,	,	PUNCT
ajeer-3328	140	33	and	and	CCONJ
ajeer-3328	140	34	the	the	DET
ajeer-3328	140	35	bdi	bdi	PROPN
ajeer-3328	140	36	index	index	NOUN
ajeer-3328	140	37	–	–	PUNCT
ajeer-3328	140	38	for	for	ADP
ajeer-3328	140	39	every	every	DET
ajeer-3328	140	40	rise	rise	NOUN
ajeer-3328	140	41	of	of	ADP
ajeer-3328	140	42	1	1	NUM
ajeer-3328	140	43	%	%	NOUN
ajeer-3328	140	44	in	in	ADP
ajeer-3328	140	45	iro	iro	PROPN
ajeer-3328	140	46	,	,	PUNCT
ajeer-3328	140	47	the	the	DET
ajeer-3328	140	48	bdi	bdi	PROPN
ajeer-3328	140	49	value	value	NOUN
ajeer-3328	140	50	will	will	AUX
ajeer-3328	140	51	decrease	decrease	VERB
ajeer-3328	140	52	by	by	ADP
ajeer-3328	140	53	35.95	35.95	NUM
ajeer-3328	140	54	%	%	NOUN
ajeer-3328	140	55	;	;	PUNCT
ajeer-3328	140	56	and	and	CCONJ
ajeer-3328	140	57	2	2	X
ajeer-3328	140	58	)	)	PUNCT
ajeer-3328	140	59	a	a	DET
ajeer-3328	140	60	negative	negative	ADJ
ajeer-3328	140	61	and	and	CCONJ
ajeer-3328	140	62	significant	significant	ADJ
ajeer-3328	140	63	correlation	correlation	NOUN
ajeer-3328	140	64	between	between	ADP
ajeer-3328	140	65	zin	zin	NOUN
ajeer-3328	140	66	and	and	CCONJ
ajeer-3328	140	67	the	the	DET
ajeer-3328	140	68	bdi	bdi	PROPN
ajeer-3328	140	69	–	–	PUNCT
ajeer-3328	140	70	every	every	DET
ajeer-3328	140	71	1	1	NUM
ajeer-3328	140	72	%	%	NOUN
ajeer-3328	140	73	increase	increase	NOUN
ajeer-3328	140	74	in	in	ADP
ajeer-3328	140	75	zin	zin	NOUN
ajeer-3328	140	76	will	will	AUX
ajeer-3328	140	77	decrease	decrease	VERB
ajeer-3328	140	78	the	the	DET
ajeer-3328	140	79	bdi	bdi	PROPN
ajeer-3328	140	80	by	by	ADP
ajeer-3328	140	81	1.501	1.501	NUM
ajeer-3328	140	82	%	%	NOUN
ajeer-3328	140	83	.	.	PUNCT
ajeer-3328	141	1	the	the	DET
ajeer-3328	141	2	one	one	NUM
ajeer-3328	141	3	-	-	PUNCT
ajeer-3328	141	4	step	step	NOUN
ajeer-3328	141	5	gmm	gmm	NOUN
ajeer-3328	141	6	method	method	NOUN
ajeer-3328	141	7	provided	provide	VERB
ajeer-3328	141	8	similar	similar	ADJ
ajeer-3328	141	9	results	result	NOUN
ajeer-3328	141	10	:	:	PUNCT
ajeer-3328	141	11	1	1	X
ajeer-3328	141	12	)	)	PUNCT
ajeer-3328	141	13	there	there	PRON
ajeer-3328	141	14	is	be	VERB
ajeer-3328	141	15	a	a	DET
ajeer-3328	141	16	positive	positive	ADJ
ajeer-3328	141	17	and	and	CCONJ
ajeer-3328	141	18	significant	significant	ADJ
ajeer-3328	141	19	relationship	relationship	NOUN
ajeer-3328	141	20	between	between	ADP
ajeer-3328	141	21	the	the	DET
ajeer-3328	141	22	bdi	bdi	PROPN
ajeer-3328	141	23	and	and	CCONJ
ajeer-3328	141	24	nic	nic	PROPN
ajeer-3328	141	25	–	–	PUNCT
ajeer-3328	141	26	every	every	DET
ajeer-3328	141	27	increase	increase	NOUN
ajeer-3328	141	28	in	in	ADP
ajeer-3328	141	29	nic	nic	PROPN
ajeer-3328	141	30	of	of	ADP
ajeer-3328	141	31	1	1	NUM
ajeer-3328	141	32	%	%	NOUN
ajeer-3328	141	33	causes	cause	VERB
ajeer-3328	141	34	an	an	DET
ajeer-3328	141	35	increase	increase	NOUN
ajeer-3328	141	36	of	of	ADP
ajeer-3328	141	37	0.207	0.207	NUM
ajeer-3328	141	38	%	%	NOUN
ajeer-3328	141	39	in	in	ADP
ajeer-3328	141	40	the	the	DET
ajeer-3328	141	41	bdi	bdi	PROPN
ajeer-3328	141	42	;	;	PUNCT
ajeer-3328	141	43	2	2	X
ajeer-3328	141	44	)	)	PUNCT
ajeer-3328	141	45	a	a	DET
ajeer-3328	141	46	positive	positive	ADJ
ajeer-3328	141	47	and	and	CCONJ
ajeer-3328	141	48	significant	significant	ADJ
ajeer-3328	141	49	correlation	correlation	NOUN
ajeer-3328	141	50	between	between	ADP
ajeer-3328	141	51	ric	ric	PROPN
ajeer-3328	141	52	and	and	CCONJ
ajeer-3328	141	53	the	the	DET
ajeer-3328	141	54	bdi	bdi	PROPN
ajeer-3328	141	55	–	–	PUNCT
ajeer-3328	141	56	for	for	ADP
ajeer-3328	141	57	every	every	DET
ajeer-3328	141	58	1	1	NUM
ajeer-3328	141	59	%	%	NOUN
ajeer-3328	141	60	increase	increase	NOUN
ajeer-3328	141	61	in	in	ADP
ajeer-3328	141	62	the	the	DET
ajeer-3328	141	63	value	value	NOUN
ajeer-3328	141	64	of	of	ADP
ajeer-3328	141	65	rice	rice	NOUN
ajeer-3328	141	66	,	,	PUNCT
ajeer-3328	141	67	the	the	DET
ajeer-3328	141	68	npl	npl	PROPN
ajeer-3328	141	69	’s	’s	PART
ajeer-3328	141	70	rate	rate	NOUN
ajeer-3328	141	71	will	will	AUX
ajeer-3328	141	72	rise	rise	VERB
ajeer-3328	141	73	by	by	ADP
ajeer-3328	141	74	approximately	approximately	ADV
ajeer-3328	141	75	3.8	3.8	NUM
ajeer-3328	141	76	%	%	NOUN
ajeer-3328	141	77	;	;	PUNCT
ajeer-3328	141	78	3	3	X
ajeer-3328	141	79	)	)	PUNCT
ajeer-3328	141	80	a	a	DET
ajeer-3328	141	81	positive	positive	ADJ
ajeer-3328	141	82	and	and	CCONJ
ajeer-3328	141	83	significant	significant	ADJ
ajeer-3328	141	84	relationship	relationship	NOUN
ajeer-3328	141	85	between	between	ADP
ajeer-3328	141	86	lea	lea	PROPN
ajeer-3328	141	87	and	and	CCONJ
ajeer-3328	141	88	the	the	DET
ajeer-3328	141	89	bdi	bdi	PROPN
ajeer-3328	141	90	–	–	PUNCT
ajeer-3328	141	91	every	every	DET
ajeer-3328	141	92	1	1	NUM
ajeer-3328	141	93	%	%	NOUN
ajeer-3328	141	94	rise	rise	NOUN
ajeer-3328	141	95	in	in	ADP
ajeer-3328	141	96	lea	lea	PROPN
ajeer-3328	141	97	corresponds	correspond	VERB
ajeer-3328	141	98	to	to	ADP
ajeer-3328	141	99	a	a	DET
ajeer-3328	141	100	1.45	1.45	NUM
ajeer-3328	141	101	%	%	NOUN
ajeer-3328	141	102	increase	increase	NOUN
ajeer-3328	141	103	in	in	ADP
ajeer-3328	141	104	the	the	DET
ajeer-3328	141	105	value	value	NOUN
ajeer-3328	141	106	of	of	ADP
ajeer-3328	141	107	the	the	DET
ajeer-3328	141	108	bdi	bdi	PROPN
ajeer-3328	141	109	.	.	PUNCT
ajeer-3328	142	1	asian	asian	PROPN
ajeer-3328	142	2	journal	journal	PROPN
ajeer-3328	142	3	of	of	ADP
ajeer-3328	142	4	economics	economic	NOUN
ajeer-3328	142	5	and	and	CCONJ
ajeer-3328	142	6	empirical	empirical	ADJ
ajeer-3328	142	7	research	research	NOUN
ajeer-3328	142	8	,	,	PUNCT
ajeer-3328	142	9	2021	2021	NUM
ajeer-3328	142	10	,	,	PUNCT
ajeer-3328	142	11	8(2	8(2	NUM
ajeer-3328	142	12	):	):	PUNCT
ajeer-3328	142	13	67	67	NUM
ajeer-3328	142	14	-	-	SYM
ajeer-3328	142	15	72	72	NUM
ajeer-3328	142	16	71	71	NUM
ajeer-3328	142	17	©	©	PROPN
ajeer-3328	142	18	2021	2021	NUM
ajeer-3328	142	19	by	by	ADP
ajeer-3328	142	20	the	the	DET
ajeer-3328	142	21	authors	author	NOUN
ajeer-3328	142	22	;	;	PUNCT
ajeer-3328	142	23	licensee	licensee	PROPN
ajeer-3328	142	24	asian	asian	ADJ
ajeer-3328	142	25	online	online	PROPN
ajeer-3328	142	26	journal	journal	PROPN
ajeer-3328	142	27	publishing	publishing	NOUN
ajeer-3328	142	28	group	group	NOUN
ajeer-3328	142	29	table	table	NOUN
ajeer-3328	142	30	3	3	NUM
ajeer-3328	142	31	.	.	X
ajeer-3328	143	1	2sls	2sls	NOUN
ajeer-3328	143	2	and	and	CCONJ
ajeer-3328	143	3	one	one	NUM
ajeer-3328	143	4	-	-	PUNCT
ajeer-3328	143	5	step	step	NOUN
ajeer-3328	143	6	gmm	gmm	NOUN
ajeer-3328	143	7	method	method	NOUN
ajeer-3328	143	8	results	result	NOUN
ajeer-3328	143	9	.	.	PUNCT
ajeer-3328	144	1	2sls	2sls	NUM
ajeer-3328	144	2	regressor	regressor	NOUN
ajeer-3328	144	3	coefficient	coefficient	NOUN
ajeer-3328	144	4	std	std	PROPN
ajeer-3328	144	5	.	.	PROPN
ajeer-3328	144	6	error	error	NOUN
ajeer-3328	144	7	t	t	PROPN
ajeer-3328	144	8	-	-	PUNCT
ajeer-3328	144	9	ratio	ratio	NOUN
ajeer-3328	144	10	p	p	NOUN
ajeer-3328	144	11	-	-	PUNCT
ajeer-3328	144	12	value	value	NOUN
ajeer-3328	144	13	const	const	VERB
ajeer-3328	144	14	525.294	525.294	NUM
ajeer-3328	144	15	289.874	289.874	NUM
ajeer-3328	144	16	1.812	1.812	NUM
ajeer-3328	144	17	0.071	0.071	NUM
ajeer-3328	144	18	*	*	PUNCT
ajeer-3328	144	19	iro	iro	PROPN
ajeer-3328	144	20	−35.952	−35.952	NOUN
ajeer-3328	144	21	2.378	2.378	NUM
ajeer-3328	144	22	−15.12	−15.12	NOUN
ajeer-3328	144	23	<	<	X
ajeer-3328	144	24	0.0001	0.0001	NUM
ajeer-3328	144	25	*	*	PUNCT
ajeer-3328	144	26	*	*	PUNCT
ajeer-3328	144	27	*	*	PUNCT
ajeer-3328	144	28	whe	whe	PROPN
ajeer-3328	144	29	−2.633	−2.633	PROPN
ajeer-3328	144	30	2.246	2.246	NUM
ajeer-3328	144	31	−1.173	−1.173	PROPN
ajeer-3328	144	32	0.242	0.242	NUM
ajeer-3328	144	33	zin	zin	NOUN
ajeer-3328	144	34	−1.501	−1.501	NUM
ajeer-3328	144	35	0.179	0.179	NUM
ajeer-3328	144	36	−8.386	−8.386	NOUN
ajeer-3328	144	37	<	<	X
ajeer-3328	144	38	0.0001	0.0001	NUM
ajeer-3328	144	39	*	*	PUNCT
ajeer-3328	144	40	*	*	PUNCT
ajeer-3328	144	41	*	*	PROPN
ajeer-3328	144	42	nic	nic	PROPN
ajeer-3328	144	43	0.217	0.217	NUM
ajeer-3328	144	44	0.014	0.014	NUM
ajeer-3328	144	45	15.610	15.610	NUM
ajeer-3328	144	46	<	<	X
ajeer-3328	144	47	0.0001	0.0001	NUM
ajeer-3328	144	48	*	*	PUNCT
ajeer-3328	144	49	*	*	PUNCT
ajeer-3328	144	50	*	*	PUNCT
ajeer-3328	144	51	ric	ric	PROPN
ajeer-3328	144	52	4.178	4.178	NUM
ajeer-3328	144	53	0.791	0.791	NUM
ajeer-3328	144	54	5.280	5.280	NUM
ajeer-3328	144	55	<	<	NOUN
ajeer-3328	144	56	0.0001	0.0001	NUM
ajeer-3328	144	57	*	*	PUNCT
ajeer-3328	144	58	*	*	PUNCT
ajeer-3328	144	59	*	*	PUNCT
ajeer-3328	144	60	lea	lea	PROPN
ajeer-3328	144	61	1.610	1.610	NUM
ajeer-3328	144	62	0.240	0.240	NUM
ajeer-3328	144	63	6.695	6.695	NUM
ajeer-3328	144	64	<	<	NOUN
ajeer-3328	144	65	0.0001	0.0001	NUM
ajeer-3328	144	66	*	*	PUNCT
ajeer-3328	144	67	*	*	PUNCT
ajeer-3328	144	68	*	*	PUNCT
ajeer-3328	144	69	r	r	X
ajeer-3328	144	70	-	-	PUNCT
ajeer-3328	144	71	squared	square	VERB
ajeer-3328	144	72	=	=	SYM
ajeer-3328	144	73	0.71	0.71	NUM
ajeer-3328	144	74	adjusted	adjust	VERB
ajeer-3328	144	75	r	r	NOUN
ajeer-3328	144	76	-	-	PUNCT
ajeer-3328	144	77	squared	square	VERB
ajeer-3328	144	78	=	=	SYM
ajeer-3328	144	79	0.70	0.70	NUM
ajeer-3328	144	80	hausman	hausman	ADJ
ajeer-3328	144	81	test	test	NOUN
ajeer-3328	144	82	:	:	PUNCT
ajeer-3328	144	83	chi	chi	PROPN
ajeer-3328	144	84	-	-	PUNCT
ajeer-3328	144	85	square(1	square(1	PROPN
ajeer-3328	144	86	)	)	PUNCT
ajeer-3328	144	87	=	=	NOUN
ajeer-3328	145	1	4.41037	4.41037	NUM
ajeer-3328	145	2	;	;	PUNCT
ajeer-3328	145	3	p	p	X
ajeer-3328	145	4	-	-	PUNCT
ajeer-3328	145	5	value	value	NOUN
ajeer-3328	145	6	=	=	NOUN
ajeer-3328	145	7	0.035	0.035	NUM
ajeer-3328	145	8	weak	weak	ADJ
ajeer-3328	145	9	instrument	instrument	NOUN
ajeer-3328	145	10	test	test	NOUN
ajeer-3328	145	11	f	f	NOUN
ajeer-3328	145	12	-	-	PUNCT
ajeer-3328	145	13	statistic	statistic	ADJ
ajeer-3328	145	14	(	(	PUNCT
ajeer-3328	145	15	1,243	1,243	NUM
ajeer-3328	145	16	)	)	PUNCT
ajeer-3328	145	17	=	=	PUNCT
ajeer-3328	145	18	1110.79	1110.79	NUM
ajeer-3328	145	19	one	one	NUM
ajeer-3328	145	20	-	-	PUNCT
ajeer-3328	145	21	step	step	NOUN
ajeer-3328	145	22	gmm	gmm	NOUN
ajeer-3328	145	23	regressor	regressor	NOUN
ajeer-3328	145	24	coefficient	coefficient	NOUN
ajeer-3328	145	25	std	std	PROPN
ajeer-3328	145	26	.	.	PUNCT
ajeer-3328	145	27	error	error	NOUN
ajeer-3328	145	28	z	z	NOUN
ajeer-3328	145	29	-	-	PUNCT
ajeer-3328	145	30	ratio	ratio	NOUN
ajeer-3328	145	31	p	p	NOUN
ajeer-3328	145	32	-	-	PUNCT
ajeer-3328	145	33	value	value	NOUN
ajeer-3328	145	34	const	const	ADJ
ajeer-3328	145	35	300.320	300.320	NUM
ajeer-3328	145	36	381.020	381.020	NUM
ajeer-3328	145	37	0.790	0.790	NUM
ajeer-3328	145	38	0.431	0.431	NUM
ajeer-3328	145	39	iro	iro	PROPN
ajeer-3328	145	40	−36.24	−36.24	ADP
ajeer-3328	145	41	3.550	3.550	NUM
ajeer-3328	145	42	-10.090	-10.090	PUNCT
ajeer-3328	145	43	<	<	X
ajeer-3328	145	44	0.0001	0.0001	NUM
ajeer-3328	145	45	*	*	PUNCT
ajeer-3328	145	46	*	*	PUNCT
ajeer-3328	145	47	*	*	PUNCT
ajeer-3328	145	48	whe	whe	NOUN
ajeer-3328	145	49	0.450	0.450	NUM
ajeer-3328	145	50	2.819	2.819	NUM
ajeer-3328	145	51	0.160	0.160	NUM
ajeer-3328	145	52	0.872	0.872	NUM
ajeer-3328	145	53	zin	zin	NOUN
ajeer-3328	145	54	-1.385	-1.385	NUM
ajeer-3328	145	55	0.183	0.183	NUM
ajeer-3328	145	56	-7.560	-7.560	PUNCT
ajeer-3328	146	1	<	<	X
ajeer-3328	146	2	0.0001	0.0001	NUM
ajeer-3328	146	3	*	*	PUNCT
ajeer-3328	146	4	*	*	PUNCT
ajeer-3328	146	5	*	*	PROPN
ajeer-3328	146	6	nic	nic	PROPN
ajeer-3328	146	7	0.207	0.207	NUM
ajeer-3328	146	8	0.021	0.021	NUM
ajeer-3328	146	9	9.570	9.570	NUM
ajeer-3328	146	10	<	<	X
ajeer-3328	146	11	0.0001	0.0001	NUM
ajeer-3328	146	12	*	*	PUNCT
ajeer-3328	146	13	*	*	PUNCT
ajeer-3328	146	14	*	*	PUNCT
ajeer-3328	146	15	ric	ric	PROPN
ajeer-3328	146	16	3.800	3.800	NUM
ajeer-3328	146	17	1.344	1.344	NUM
ajeer-3328	146	18	2.830	2.830	NUM
ajeer-3328	146	19	<	<	NOUN
ajeer-3328	146	20	0.005	0.005	NUM
ajeer-3328	146	21	*	*	PUNCT
ajeer-3328	146	22	*	*	PUNCT
ajeer-3328	146	23	*	*	PUNCT
ajeer-3328	146	24	lea	lea	PROPN
ajeer-3328	146	25	1.451	1.451	NUM
ajeer-3328	146	26	0.295	0.295	NUM
ajeer-3328	146	27	4.930	4.930	NUM
ajeer-3328	146	28	<	<	NOUN
ajeer-3328	146	29	0.0001	0.0001	NUM
ajeer-3328	146	30	*	*	PUNCT
ajeer-3328	146	31	*	*	PUNCT
ajeer-3328	146	32	*	*	PUNCT
ajeer-3328	146	33	note	note	NOUN
ajeer-3328	146	34	:	:	PUNCT
ajeer-3328	146	35	*	*	PUNCT
ajeer-3328	146	36	*	*	PUNCT
ajeer-3328	146	37	*	*	PUNCT
ajeer-3328	146	38	,	,	PUNCT
ajeer-3328	146	39	*	*	PUNCT
ajeer-3328	146	40	*	*	PUNCT
ajeer-3328	146	41	,	,	PUNCT
ajeer-3328	146	42	*	*	PUNCT
ajeer-3328	146	43	indicate	indicate	VERB
ajeer-3328	146	44	significance	significance	NOUN
ajeer-3328	146	45	at	at	ADP
ajeer-3328	146	46	the	the	DET
ajeer-3328	146	47	1	1	NUM
ajeer-3328	146	48	%	%	NOUN
ajeer-3328	146	49	,	,	PUNCT
ajeer-3328	146	50	5	5	NUM
ajeer-3328	146	51	%	%	NOUN
ajeer-3328	146	52	and	and	CCONJ
ajeer-3328	146	53	10	10	NUM
ajeer-3328	146	54	%	%	NOUN
ajeer-3328	146	55	levels	level	NOUN
ajeer-3328	146	56	,	,	PUNCT
ajeer-3328	146	57	respectively	respectively	ADV
ajeer-3328	146	58	.	.	PUNCT
ajeer-3328	147	1	the	the	DET
ajeer-3328	147	2	results	result	NOUN
ajeer-3328	147	3	obtained	obtain	VERB
ajeer-3328	147	4	from	from	ADP
ajeer-3328	147	5	the	the	DET
ajeer-3328	147	6	one	one	NUM
ajeer-3328	147	7	-	-	PUNCT
ajeer-3328	147	8	step	step	NOUN
ajeer-3328	147	9	gmm	gmm	NOUN
ajeer-3328	147	10	show	show	VERB
ajeer-3328	147	11	that	that	SCONJ
ajeer-3328	147	12	there	there	PRON
ajeer-3328	147	13	is	be	VERB
ajeer-3328	147	14	:	:	PUNCT
ajeer-3328	147	15	1	1	NUM
ajeer-3328	147	16	)	)	PUNCT
ajeer-3328	147	17	a	a	DET
ajeer-3328	147	18	negative	negative	ADJ
ajeer-3328	147	19	and	and	CCONJ
ajeer-3328	147	20	significant	significant	ADJ
ajeer-3328	147	21	relationship	relationship	NOUN
ajeer-3328	147	22	between	between	ADP
ajeer-3328	147	23	iro	iro	PROPN
ajeer-3328	147	24	and	and	CCONJ
ajeer-3328	147	25	the	the	DET
ajeer-3328	147	26	bdi	bdi	PROPN
ajeer-3328	147	27	index	index	NOUN
ajeer-3328	147	28	–	–	PUNCT
ajeer-3328	147	29	for	for	ADP
ajeer-3328	147	30	every	every	DET
ajeer-3328	147	31	rise	rise	NOUN
ajeer-3328	147	32	of	of	ADP
ajeer-3328	147	33	1	1	NUM
ajeer-3328	147	34	%	%	NOUN
ajeer-3328	147	35	in	in	ADP
ajeer-3328	147	36	iro	iro	PROPN
ajeer-3328	147	37	,	,	PUNCT
ajeer-3328	147	38	the	the	DET
ajeer-3328	147	39	value	value	NOUN
ajeer-3328	147	40	of	of	ADP
ajeer-3328	147	41	the	the	DET
ajeer-3328	147	42	bdi	bdi	PROPN
ajeer-3328	147	43	will	will	AUX
ajeer-3328	147	44	decrease	decrease	VERB
ajeer-3328	147	45	by	by	ADP
ajeer-3328	147	46	36.24	36.24	NUM
ajeer-3328	147	47	%	%	NOUN
ajeer-3328	147	48	;	;	PUNCT
ajeer-3328	147	49	and	and	CCONJ
ajeer-3328	147	50	2	2	X
ajeer-3328	147	51	)	)	PUNCT
ajeer-3328	147	52	a	a	DET
ajeer-3328	147	53	negative	negative	ADJ
ajeer-3328	147	54	and	and	CCONJ
ajeer-3328	147	55	significant	significant	ADJ
ajeer-3328	147	56	correlation	correlation	NOUN
ajeer-3328	147	57	between	between	ADP
ajeer-3328	147	58	zin	zin	NOUN
ajeer-3328	147	59	and	and	CCONJ
ajeer-3328	147	60	the	the	DET
ajeer-3328	147	61	bdi	bdi	PROPN
ajeer-3328	147	62	–	–	PUNCT
ajeer-3328	147	63	every	every	DET
ajeer-3328	147	64	increase	increase	NOUN
ajeer-3328	147	65	in	in	ADP
ajeer-3328	147	66	zin	zin	NOUN
ajeer-3328	147	67	of	of	ADP
ajeer-3328	147	68	1	1	NUM
ajeer-3328	147	69	%	%	NOUN
ajeer-3328	147	70	will	will	AUX
ajeer-3328	147	71	decrease	decrease	VERB
ajeer-3328	147	72	the	the	DET
ajeer-3328	147	73	bdi	bdi	PROPN
ajeer-3328	147	74	value	value	NOUN
ajeer-3328	147	75	by	by	ADP
ajeer-3328	147	76	1.385	1.385	NUM
ajeer-3328	147	77	%	%	NOUN
ajeer-3328	147	78	.	.	PUNCT
ajeer-3328	148	1	both	both	DET
ajeer-3328	148	2	methods	method	NOUN
ajeer-3328	148	3	suggest	suggest	VERB
ajeer-3328	148	4	that	that	SCONJ
ajeer-3328	148	5	there	there	PRON
ajeer-3328	148	6	is	be	VERB
ajeer-3328	148	7	no	no	DET
ajeer-3328	148	8	significant	significant	ADJ
ajeer-3328	148	9	relationship	relationship	NOUN
ajeer-3328	148	10	between	between	ADP
ajeer-3328	148	11	whe	whe	NOUN
ajeer-3328	148	12	and	and	CCONJ
ajeer-3328	148	13	the	the	DET
ajeer-3328	148	14	bdi	bdi	PROPN
ajeer-3328	148	15	index	index	NOUN
ajeer-3328	148	16	.	.	PUNCT
ajeer-3328	149	1	5	5	X
ajeer-3328	149	2	.	.	X
ajeer-3328	149	3	conclusion	conclusion	NOUN
ajeer-3328	149	4	this	this	DET
ajeer-3328	149	5	paper	paper	NOUN
ajeer-3328	149	6	examined	examine	VERB
ajeer-3328	149	7	the	the	DET
ajeer-3328	149	8	relationship	relationship	NOUN
ajeer-3328	149	9	between	between	ADP
ajeer-3328	149	10	the	the	DET
ajeer-3328	149	11	bdi	bdi	PROPN
ajeer-3328	149	12	and	and	CCONJ
ajeer-3328	149	13	major	major	ADJ
ajeer-3328	149	14	raw	raw	ADJ
ajeer-3328	149	15	materials	material	NOUN
ajeer-3328	149	16	,	,	PUNCT
ajeer-3328	149	17	whose	whose	DET
ajeer-3328	149	18	freight	freight	NOUN
ajeer-3328	149	19	enters	enter	VERB
ajeer-3328	149	20	the	the	DET
ajeer-3328	149	21	calculation	calculation	NOUN
ajeer-3328	149	22	of	of	ADP
ajeer-3328	149	23	the	the	DET
ajeer-3328	149	24	value	value	NOUN
ajeer-3328	149	25	of	of	ADP
ajeer-3328	149	26	the	the	DET
ajeer-3328	149	27	bdi	bdi	PROPN
ajeer-3328	149	28	index	index	PROPN
ajeer-3328	149	29	.	.	PUNCT
ajeer-3328	150	1	the	the	DET
ajeer-3328	150	2	aim	aim	NOUN
ajeer-3328	150	3	of	of	ADP
ajeer-3328	150	4	the	the	DET
ajeer-3328	150	5	paper	paper	NOUN
ajeer-3328	150	6	was	be	AUX
ajeer-3328	150	7	to	to	PART
ajeer-3328	150	8	examine	examine	VERB
ajeer-3328	150	9	whether	whether	SCONJ
ajeer-3328	150	10	the	the	DET
ajeer-3328	150	11	changes	change	NOUN
ajeer-3328	150	12	in	in	ADP
ajeer-3328	150	13	the	the	DET
ajeer-3328	150	14	value	value	NOUN
ajeer-3328	150	15	of	of	ADP
ajeer-3328	150	16	these	these	DET
ajeer-3328	150	17	raw	raw	ADJ
ajeer-3328	150	18	materials	material	NOUN
ajeer-3328	150	19	affect	affect	VERB
ajeer-3328	150	20	the	the	DET
ajeer-3328	150	21	changes	change	NOUN
ajeer-3328	150	22	in	in	ADP
ajeer-3328	150	23	the	the	DET
ajeer-3328	150	24	value	value	NOUN
ajeer-3328	150	25	of	of	ADP
ajeer-3328	150	26	the	the	DET
ajeer-3328	150	27	bdi	bdi	PROPN
ajeer-3328	150	28	,	,	PUNCT
ajeer-3328	150	29	and	and	CCONJ
ajeer-3328	150	30	to	to	ADP
ajeer-3328	150	31	what	what	DET
ajeer-3328	150	32	extent	extent	NOUN
ajeer-3328	150	33	they	they	PRON
ajeer-3328	150	34	affect	affect	VERB
ajeer-3328	150	35	it	it	PRON
ajeer-3328	150	36	.	.	PUNCT
ajeer-3328	151	1	for	for	ADP
ajeer-3328	151	2	purpose	purpose	NOUN
ajeer-3328	151	3	of	of	ADP
ajeer-3328	151	4	the	the	DET
ajeer-3328	151	5	study	study	NOUN
ajeer-3328	151	6	,	,	PUNCT
ajeer-3328	151	7	a	a	DET
ajeer-3328	151	8	multiple	multiple	ADJ
ajeer-3328	151	9	linear	linear	ADJ
ajeer-3328	151	10	regression	regression	NOUN
ajeer-3328	151	11	model	model	NOUN
ajeer-3328	151	12	was	be	AUX
ajeer-3328	151	13	used	use	VERB
ajeer-3328	151	14	.	.	PUNCT
ajeer-3328	152	1	to	to	PART
ajeer-3328	152	2	estimate	estimate	VERB
ajeer-3328	152	3	the	the	DET
ajeer-3328	152	4	model	model	NOUN
ajeer-3328	152	5	parameters	parameter	NOUN
ajeer-3328	152	6	,	,	PUNCT
ajeer-3328	152	7	the	the	DET
ajeer-3328	152	8	2sls	2sls	PROPN
ajeer-3328	152	9	and	and	CCONJ
ajeer-3328	152	10	gmm	gmm	PROPN
ajeer-3328	152	11	estimators	estimator	NOUN
ajeer-3328	152	12	were	be	AUX
ajeer-3328	152	13	used	use	VERB
ajeer-3328	152	14	.	.	PUNCT
ajeer-3328	153	1	the	the	DET
ajeer-3328	153	2	survey	survey	NOUN
ajeer-3328	153	3	covers	cover	VERB
ajeer-3328	153	4	the	the	DET
ajeer-3328	153	5	period	period	NOUN
ajeer-3328	153	6	from	from	ADP
ajeer-3328	153	7	the	the	DET
ajeer-3328	153	8	day	day	NOUN
ajeer-3328	153	9	the	the	DET
ajeer-3328	153	10	indexes	index	NOUN
ajeer-3328	153	11	were	be	AUX
ajeer-3328	153	12	created	create	VERB
ajeer-3328	153	13	to	to	ADP
ajeer-3328	153	14	the	the	DET
ajeer-3328	153	15	present	present	ADJ
ajeer-3328	153	16	day	day	NOUN
ajeer-3328	153	17	.	.	PUNCT
ajeer-3328	154	1	this	this	DET
ajeer-3328	154	2	period	period	NOUN
ajeer-3328	154	3	includes	include	VERB
ajeer-3328	154	4	two	two	NUM
ajeer-3328	154	5	major	major	ADJ
ajeer-3328	154	6	economic	economic	ADJ
ajeer-3328	154	7	crises	crisis	NOUN
ajeer-3328	154	8	:	:	PUNCT
ajeer-3328	154	9	the	the	DET
ajeer-3328	154	10	great	great	ADJ
ajeer-3328	154	11	economic	economic	ADJ
ajeer-3328	154	12	crisis	crisis	NOUN
ajeer-3328	154	13	of	of	ADP
ajeer-3328	154	14	2008	2008	NUM
ajeer-3328	154	15	and	and	CCONJ
ajeer-3328	154	16	the	the	DET
ajeer-3328	154	17	current	current	ADJ
ajeer-3328	154	18	crisis	crisis	NOUN
ajeer-3328	154	19	caused	cause	VERB
ajeer-3328	154	20	by	by	ADP
ajeer-3328	154	21	the	the	DET
ajeer-3328	154	22	covid-19	covid-19	PROPN
ajeer-3328	154	23	pandemic	pandemic	NOUN
ajeer-3328	154	24	.	.	PUNCT
ajeer-3328	155	1	the	the	DET
ajeer-3328	155	2	findings	finding	NOUN
ajeer-3328	155	3	of	of	ADP
ajeer-3328	155	4	this	this	DET
ajeer-3328	155	5	research	research	NOUN
ajeer-3328	155	6	suggest	suggest	VERB
ajeer-3328	155	7	that	that	SCONJ
ajeer-3328	155	8	iron	iron	NOUN
ajeer-3328	155	9	ore	ore	NOUN
ajeer-3328	155	10	has	have	VERB
ajeer-3328	155	11	a	a	DET
ajeer-3328	155	12	crucial	crucial	ADJ
ajeer-3328	155	13	deterministic	deterministic	ADJ
ajeer-3328	155	14	role	role	NOUN
ajeer-3328	155	15	for	for	ADP
ajeer-3328	155	16	the	the	DET
ajeer-3328	155	17	bdi	bdi	PROPN
ajeer-3328	155	18	,	,	PUNCT
ajeer-3328	155	19	unveiling	unveil	VERB
ajeer-3328	155	20	that	that	SCONJ
ajeer-3328	155	21	the	the	DET
ajeer-3328	155	22	value	value	NOUN
ajeer-3328	155	23	of	of	ADP
ajeer-3328	155	24	this	this	DET
ajeer-3328	155	25	raw	raw	ADJ
ajeer-3328	155	26	material	material	NOUN
ajeer-3328	155	27	is	be	AUX
ajeer-3328	155	28	oppositely	oppositely	ADV
ajeer-3328	155	29	linked	link	VERB
ajeer-3328	155	30	to	to	ADP
ajeer-3328	155	31	the	the	DET
ajeer-3328	155	32	value	value	NOUN
ajeer-3328	155	33	of	of	ADP
ajeer-3328	155	34	the	the	DET
ajeer-3328	155	35	index	index	NOUN
ajeer-3328	155	36	.	.	PUNCT
ajeer-3328	156	1	also	also	ADV
ajeer-3328	156	2	,	,	PUNCT
ajeer-3328	156	3	the	the	DET
ajeer-3328	156	4	findings	finding	NOUN
ajeer-3328	156	5	of	of	ADP
ajeer-3328	156	6	this	this	DET
ajeer-3328	156	7	research	research	NOUN
ajeer-3328	156	8	suggest	suggest	VERB
ajeer-3328	156	9	that	that	SCONJ
ajeer-3328	156	10	there	there	PRON
ajeer-3328	156	11	is	be	VERB
ajeer-3328	156	12	a	a	DET
ajeer-3328	156	13	negative	negative	ADJ
ajeer-3328	156	14	and	and	CCONJ
ajeer-3328	156	15	significant	significant	ADJ
ajeer-3328	156	16	correlation	correlation	NOUN
ajeer-3328	156	17	between	between	ADP
ajeer-3328	156	18	zinc	zinc	NOUN
ajeer-3328	156	19	and	and	CCONJ
ajeer-3328	156	20	the	the	DET
ajeer-3328	156	21	bdi	bdi	PROPN
ajeer-3328	156	22	.	.	PUNCT
ajeer-3328	157	1	the	the	DET
ajeer-3328	157	2	results	result	NOUN
ajeer-3328	157	3	of	of	ADP
ajeer-3328	157	4	the	the	DET
ajeer-3328	157	5	paper	paper	NOUN
ajeer-3328	157	6	imply	imply	VERB
ajeer-3328	157	7	that	that	SCONJ
ajeer-3328	157	8	there	there	PRON
ajeer-3328	157	9	is	be	VERB
ajeer-3328	157	10	a	a	DET
ajeer-3328	157	11	positive	positive	ADJ
ajeer-3328	157	12	and	and	CCONJ
ajeer-3328	157	13	significant	significant	ADJ
ajeer-3328	157	14	relationship	relationship	NOUN
ajeer-3328	157	15	between	between	ADP
ajeer-3328	157	16	the	the	DET
ajeer-3328	157	17	index	index	NOUN
ajeer-3328	157	18	and	and	CCONJ
ajeer-3328	157	19	lead	lead	NOUN
ajeer-3328	157	20	,	,	PUNCT
ajeer-3328	157	21	nickel	nickel	NOUN
ajeer-3328	157	22	and	and	CCONJ
ajeer-3328	157	23	rice	rice	NOUN
ajeer-3328	157	24	.	.	PUNCT
ajeer-3328	158	1	a	a	DET
ajeer-3328	158	2	significant	significant	ADJ
ajeer-3328	158	3	relationship	relationship	NOUN
ajeer-3328	158	4	was	be	AUX
ajeer-3328	158	5	not	not	PART
ajeer-3328	158	6	found	find	VERB
ajeer-3328	158	7	between	between	ADP
ajeer-3328	158	8	the	the	DET
ajeer-3328	158	9	bdi	bdi	PROPN
ajeer-3328	158	10	index	index	NOUN
ajeer-3328	158	11	and	and	CCONJ
ajeer-3328	158	12	wheat	wheat	NOUN
ajeer-3328	158	13	.	.	PUNCT
ajeer-3328	159	1	however	however	ADV
ajeer-3328	159	2	,	,	PUNCT
ajeer-3328	159	3	this	this	DET
ajeer-3328	159	4	result	result	NOUN
ajeer-3328	159	5	is	be	AUX
ajeer-3328	159	6	not	not	PART
ajeer-3328	159	7	in	in	ADP
ajeer-3328	159	8	line	line	NOUN
ajeer-3328	159	9	with	with	ADP
ajeer-3328	159	10	abovementioned	abovementione	VERB
ajeer-3328	159	11	studies	study	NOUN
ajeer-3328	159	12	.	.	PUNCT
ajeer-3328	160	1	references	reference	NOUN
ajeer-3328	160	2	adland	adland	PROPN
ajeer-3328	160	3	,	,	PUNCT
ajeer-3328	160	4	r.	r.	PROPN
ajeer-3328	160	5	,	,	PUNCT
ajeer-3328	160	6	&	&	CCONJ
ajeer-3328	160	7	cullinane	cullinane	PROPN
ajeer-3328	160	8	,	,	PUNCT
ajeer-3328	160	9	k.	k.	PROPN
ajeer-3328	160	10	(	(	PUNCT
ajeer-3328	160	11	2005	2005	NUM
ajeer-3328	160	12	)	)	PUNCT
ajeer-3328	160	13	.	.	PUNCT
ajeer-3328	161	1	a	a	DET
ajeer-3328	161	2	time	time	NOUN
ajeer-3328	161	3	-	-	PUNCT
ajeer-3328	161	4	varying	vary	VERB
ajeer-3328	161	5	risk	risk	NOUN
ajeer-3328	161	6	premium	premium	NOUN
ajeer-3328	161	7	in	in	ADP
ajeer-3328	161	8	the	the	DET
ajeer-3328	161	9	term	term	NOUN
ajeer-3328	161	10	structure	structure	NOUN
ajeer-3328	161	11	of	of	ADP
ajeer-3328	161	12	bulk	bulk	ADJ
ajeer-3328	161	13	shipping	shipping	NOUN
ajeer-3328	161	14	freight	freight	NOUN
ajeer-3328	161	15	rates	rate	NOUN
ajeer-3328	161	16	.	.	PUNCT
ajeer-3328	162	1	journal	journal	NOUN
ajeer-3328	162	2	of	of	ADP
ajeer-3328	162	3	transport	transport	NOUN
ajeer-3328	162	4	economics	economic	NOUN
ajeer-3328	162	5	and	and	CCONJ
ajeer-3328	162	6	policy	policy	NOUN
ajeer-3328	162	7	(	(	PUNCT
ajeer-3328	162	8	jtep	jtep	ADJ
ajeer-3328	162	9	)	)	PUNCT
ajeer-3328	162	10	,	,	PUNCT
ajeer-3328	162	11	39(2	39(2	NUM
ajeer-3328	162	12	)	)	PUNCT
ajeer-3328	162	13	,	,	PUNCT
ajeer-3328	162	14	191	191	NUM
ajeer-3328	162	15	-	-	SYM
ajeer-3328	162	16	208	208	NUM
ajeer-3328	162	17	.	.	PUNCT
ajeer-3328	162	18	available	available	ADJ
ajeer-3328	162	19	at	at	ADP
ajeer-3328	162	20	:	:	PUNCT
ajeer-3328	162	21	https://doi.org/10.1111/j.1467-629x.1995.tb00287.x	https://doi.org/10.1111/j.1467-629x.1995.tb00287.x	PROPN
ajeer-3328	162	22	.	.	PUNCT
ajeer-3328	163	1	arellano	arellano	PROPN
ajeer-3328	163	2	,	,	PUNCT
ajeer-3328	163	3	m.	m.	NOUN
ajeer-3328	163	4	,	,	PUNCT
ajeer-3328	163	5	&	&	CCONJ
ajeer-3328	163	6	bond	bond	PROPN
ajeer-3328	163	7	,	,	PUNCT
ajeer-3328	163	8	s.	s.	PROPN
ajeer-3328	163	9	(	(	PUNCT
ajeer-3328	163	10	1991	1991	NUM
ajeer-3328	163	11	)	)	PUNCT
ajeer-3328	163	12	.	.	PUNCT
ajeer-3328	164	1	some	some	DET
ajeer-3328	164	2	tests	test	NOUN
ajeer-3328	164	3	of	of	ADP
ajeer-3328	164	4	specification	specification	NOUN
ajeer-3328	164	5	for	for	ADP
ajeer-3328	164	6	panel	panel	NOUN
ajeer-3328	164	7	data	datum	NOUN
ajeer-3328	164	8	:	:	PUNCT
ajeer-3328	164	9	monte	monte	PROPN
ajeer-3328	164	10	carlo	carlo	PROPN
ajeer-3328	164	11	evidence	evidence	NOUN
ajeer-3328	164	12	and	and	CCONJ
ajeer-3328	164	13	an	an	DET
ajeer-3328	164	14	application	application	NOUN
ajeer-3328	164	15	to	to	ADP
ajeer-3328	164	16	employment	employment	NOUN
ajeer-3328	164	17	equations	equation	NOUN
ajeer-3328	164	18	.	.	PUNCT
ajeer-3328	165	1	the	the	DET
ajeer-3328	165	2	review	review	NOUN
ajeer-3328	165	3	of	of	ADP
ajeer-3328	165	4	economic	economic	ADJ
ajeer-3328	165	5	studies	study	NOUN
ajeer-3328	165	6	,	,	PUNCT
ajeer-3328	165	7	58(2	58(2	NUM
ajeer-3328	165	8	)	)	PUNCT
ajeer-3328	165	9	,	,	PUNCT
ajeer-3328	165	10	277	277	NUM
ajeer-3328	165	11	-	-	SYM
ajeer-3328	165	12	297	297	NUM
ajeer-3328	165	13	.	.	PUNCT
ajeer-3328	165	14	available	available	ADJ
ajeer-3328	165	15	at	at	ADP
ajeer-3328	165	16	:	:	PUNCT
ajeer-3328	165	17	https://doi.org/10.2307/2297968	https://doi.org/10.2307/2297968	X
ajeer-3328	165	18	.	.	PUNCT
ajeer-3328	166	1	bank	bank	NOUN
ajeer-3328	166	2	.	.	PUNCT
ajeer-3328	167	1	(	(	PUNCT
ajeer-3328	167	2	2020	2020	NUM
ajeer-3328	167	3	)	)	PUNCT
ajeer-3328	167	4	.	.	PUNCT
ajeer-3328	168	1	implication	implication	NOUN
ajeer-3328	168	2	of	of	ADP
ajeer-3328	168	3	covid19	covid19	NOUN
ajeer-3328	168	4	for	for	ADP
ajeer-3328	168	5	commoditeis	commoditeis	NOUN
ajeer-3328	168	6	.	.	PUNCT
ajeer-3328	169	1	commodity	commodity	NOUN
ajeer-3328	169	2	markets	market	NOUN
ajeer-3328	169	3	outlook	outlook	NOUN
ajeer-3328	169	4	,	,	PUNCT
ajeer-3328	169	5	april	april	PROPN
ajeer-3328	169	6	.	.	PUNCT
ajeer-3328	170	1	washington	washington	PROPN
ajeer-3328	170	2	d.c	d.c	PROPN
ajeer-3328	170	3	:	:	PUNCT
ajeer-3328	170	4	international	international	ADJ
ajeer-3328	170	5	bank	bank	PROPN
ajeer-3328	170	6	for	for	ADP
ajeer-3328	170	7	reconstruction	reconstruction	NOUN
ajeer-3328	170	8	and	and	CCONJ
ajeer-3328	170	9	development	development	NOUN
ajeer-3328	170	10	.	.	PUNCT
ajeer-3328	171	1	batchelor	batchelor	PROPN
ajeer-3328	171	2	,	,	PUNCT
ajeer-3328	171	3	r.	r.	PROPN
ajeer-3328	171	4	,	,	PUNCT
ajeer-3328	171	5	alizadeh	alizadeh	PROPN
ajeer-3328	171	6	,	,	PUNCT
ajeer-3328	171	7	a.	a.	PROPN
ajeer-3328	171	8	,	,	PUNCT
ajeer-3328	171	9	&	&	CCONJ
ajeer-3328	171	10	visvikis	visvikis	PROPN
ajeer-3328	171	11	,	,	PUNCT
ajeer-3328	171	12	i.	i.	PROPN
ajeer-3328	171	13	(	(	PUNCT
ajeer-3328	171	14	2007	2007	NUM
ajeer-3328	171	15	)	)	PUNCT
ajeer-3328	171	16	.	.	PUNCT
ajeer-3328	172	1	forecasting	forecasting	NOUN
ajeer-3328	172	2	spot	spot	NOUN
ajeer-3328	172	3	and	and	CCONJ
ajeer-3328	172	4	forward	forward	ADJ
ajeer-3328	172	5	prices	price	NOUN
ajeer-3328	172	6	in	in	ADP
ajeer-3328	172	7	the	the	DET
ajeer-3328	172	8	international	international	ADJ
ajeer-3328	172	9	freight	freight	NOUN
ajeer-3328	172	10	market	market	NOUN
ajeer-3328	172	11	.	.	PUNCT
ajeer-3328	173	1	international	international	ADJ
ajeer-3328	173	2	journal	journal	PROPN
ajeer-3328	173	3	of	of	ADP
ajeer-3328	173	4	forecasting	forecasting	NOUN
ajeer-3328	173	5	,	,	PUNCT
ajeer-3328	173	6	23(1	23(1	NOUN
ajeer-3328	173	7	)	)	PUNCT
ajeer-3328	173	8	,	,	PUNCT
ajeer-3328	173	9	101	101	NUM
ajeer-3328	173	10	-	-	SYM
ajeer-3328	173	11	114	114	NUM
ajeer-3328	173	12	.	.	PUNCT
ajeer-3328	173	13	available	available	ADJ
ajeer-3328	173	14	at	at	ADP
ajeer-3328	173	15	:	:	PUNCT
ajeer-3328	173	16	https://doi.org/10.1016/j.ijforecast.2006.07.004	https://doi.org/10.1016/j.ijforecast.2006.07.004	PROPN
ajeer-3328	173	17	.	.	PUNCT
ajeer-3328	173	18	beenstock	beenstock	PROPN
ajeer-3328	173	19	,	,	PUNCT
ajeer-3328	173	20	m.	m.	NOUN
ajeer-3328	173	21	,	,	PUNCT
ajeer-3328	173	22	&	&	CCONJ
ajeer-3328	173	23	vergottis	vergottis	NOUN
ajeer-3328	173	24	,	,	PUNCT
ajeer-3328	173	25	a.	a.	NOUN
ajeer-3328	173	26	(	(	PUNCT
ajeer-3328	173	27	1989a	1989a	NUM
ajeer-3328	173	28	)	)	PUNCT
ajeer-3328	173	29	.	.	PUNCT
ajeer-3328	174	1	an	an	DET
ajeer-3328	174	2	econometric	econometric	ADJ
ajeer-3328	174	3	model	model	NOUN
ajeer-3328	174	4	of	of	ADP
ajeer-3328	174	5	the	the	DET
ajeer-3328	174	6	world	world	NOUN
ajeer-3328	174	7	market	market	NOUN
ajeer-3328	174	8	for	for	ADP
ajeer-3328	174	9	dry	dry	ADJ
ajeer-3328	174	10	cargo	cargo	NOUN
ajeer-3328	174	11	freight	freight	NOUN
ajeer-3328	174	12	and	and	CCONJ
ajeer-3328	174	13	shipping	shipping	NOUN
ajeer-3328	174	14	.	.	PUNCT
ajeer-3328	175	1	applied	apply	VERB
ajeer-3328	175	2	economics	economic	NOUN
ajeer-3328	175	3	,	,	PUNCT
ajeer-3328	175	4	21(3	21(3	NUM
ajeer-3328	175	5	)	)	PUNCT
ajeer-3328	175	6	,	,	PUNCT
ajeer-3328	175	7	339	339	NUM
ajeer-3328	175	8	-	-	SYM
ajeer-3328	175	9	356	356	NUM
ajeer-3328	175	10	.	.	PUNCT
ajeer-3328	175	11	available	available	ADJ
ajeer-3328	175	12	at	at	ADP
ajeer-3328	175	13	:	:	PUNCT
ajeer-3328	175	14	https://doi.org/10.1080/758522551	https://doi.org/10.1080/758522551	X
ajeer-3328	175	15	.	.	PUNCT
ajeer-3328	176	1	beenstock	beenstock	NOUN
ajeer-3328	176	2	,	,	PUNCT
ajeer-3328	176	3	m.	m.	NOUN
ajeer-3328	176	4	,	,	PUNCT
ajeer-3328	176	5	&	&	CCONJ
ajeer-3328	176	6	vergottis	vergottis	NOUN
ajeer-3328	176	7	,	,	PUNCT
ajeer-3328	176	8	a.	a.	NOUN
ajeer-3328	176	9	(	(	PUNCT
ajeer-3328	176	10	1989b	1989b	NUM
ajeer-3328	176	11	)	)	PUNCT
ajeer-3328	176	12	.	.	PUNCT
ajeer-3328	177	1	an	an	DET
ajeer-3328	177	2	econometric	econometric	ADJ
ajeer-3328	177	3	model	model	NOUN
ajeer-3328	177	4	of	of	ADP
ajeer-3328	177	5	the	the	DET
ajeer-3328	177	6	world	world	NOUN
ajeer-3328	177	7	tanker	tanker	NOUN
ajeer-3328	177	8	market	market	NOUN
ajeer-3328	177	9	.	.	PUNCT
ajeer-3328	178	1	journal	journal	PROPN
ajeer-3328	178	2	of	of	ADP
ajeer-3328	178	3	transport	transport	NOUN
ajeer-3328	178	4	economics	economic	NOUN
ajeer-3328	178	5	and	and	CCONJ
ajeer-3328	178	6	policy	policy	NOUN
ajeer-3328	178	7	,	,	PUNCT
ajeer-3328	178	8	23(3	23(3	NUM
ajeer-3328	178	9	)	)	PUNCT
ajeer-3328	178	10	,	,	PUNCT
ajeer-3328	178	11	263	263	NUM
ajeer-3328	178	12	-	-	SYM
ajeer-3328	178	13	280	280	NUM
ajeer-3328	178	14	.	.	PUNCT
ajeer-3328	179	1	chaussé	chaussé	NOUN
ajeer-3328	179	2	,	,	PUNCT
ajeer-3328	179	3	p.	p.	NOUN
ajeer-3328	179	4	(	(	PUNCT
ajeer-3328	179	5	2010	2010	NUM
ajeer-3328	179	6	)	)	PUNCT
ajeer-3328	179	7	.	.	PUNCT
ajeer-3328	180	1	computing	compute	VERB
ajeer-3328	180	2	generalized	generalize	VERB
ajeer-3328	180	3	method	method	NOUN
ajeer-3328	180	4	of	of	ADP
ajeer-3328	180	5	moments	moment	NOUN
ajeer-3328	180	6	and	and	CCONJ
ajeer-3328	180	7	generalized	generalized	ADJ
ajeer-3328	180	8	empirical	empirical	ADJ
ajeer-3328	180	9	likelihood	likelihood	NOUN
ajeer-3328	180	10	with	with	ADP
ajeer-3328	180	11	r.	r.	PROPN
ajeer-3328	180	12	journal	journal	PROPN
ajeer-3328	180	13	of	of	ADP
ajeer-3328	180	14	statistical	statistical	ADJ
ajeer-3328	180	15	software	software	NOUN
ajeer-3328	180	16	,	,	PUNCT
ajeer-3328	180	17	34(1	34(1	NUM
ajeer-3328	180	18	)	)	PUNCT
ajeer-3328	180	19	,	,	PUNCT
ajeer-3328	180	20	1	1	NUM
ajeer-3328	180	21	-	-	SYM
ajeer-3328	180	22	35	35	NUM
ajeer-3328	180	23	.	.	PUNCT
ajeer-3328	181	1	cullinane	cullinane	NOUN
ajeer-3328	181	2	,	,	PUNCT
ajeer-3328	181	3	k.	k.	PROPN
ajeer-3328	182	1	p.	p.	PROPN
ajeer-3328	182	2	b.	b.	PROPN
ajeer-3328	182	3	,	,	PUNCT
ajeer-3328	182	4	mason	mason	PROPN
ajeer-3328	182	5	,	,	PUNCT
ajeer-3328	182	6	k.	k.	PROPN
ajeer-3328	182	7	j.	j.	PROPN
ajeer-3328	182	8	,	,	PUNCT
ajeer-3328	182	9	&	&	CCONJ
ajeer-3328	182	10	cape	cape	PROPN
ajeer-3328	182	11	,	,	PUNCT
ajeer-3328	182	12	m.	m.	PROPN
ajeer-3328	182	13	b.	b.	PROPN
ajeer-3328	182	14	(	(	PUNCT
ajeer-3328	182	15	1999	1999	NUM
ajeer-3328	182	16	)	)	PUNCT
ajeer-3328	182	17	.	.	PUNCT
ajeer-3328	183	1	forecasting	forecast	VERB
ajeer-3328	183	2	the	the	DET
ajeer-3328	183	3	baltic	baltic	PROPN
ajeer-3328	183	4	freight	freight	PROPN
ajeer-3328	183	5	index	index	PROPN
ajeer-3328	183	6	:	:	PUNCT
ajeer-3328	183	7	box	box	PROPN
ajeer-3328	183	8	–	–	PUNCT
ajeer-3328	183	9	jenkins	jenkin	NOUN
ajeer-3328	183	10	revisited	revisit	VERB
ajeer-3328	183	11	.	.	PUNCT
ajeer-3328	184	1	in	in	ADP
ajeer-3328	184	2	:	:	PUNCT
ajeer-3328	184	3	meersman	meersman	PROPN
ajeer-3328	184	4	h	h	PROPN
ajeer-3328	184	5	,	,	PUNCT
ajeer-3328	184	6	van	van	PROPN
ajeer-3328	184	7	de	de	X
ajeer-3328	184	8	voorde	voorde	PROPN
ajeer-3328	184	9	e	e	PROPN
ajeer-3328	184	10	,	,	PUNCT
ajeer-3328	184	11	winkelmans	winkelmans	PROPN
ajeer-3328	184	12	w	w	PROPN
ajeer-3328	184	13	(	(	PUNCT
ajeer-3328	184	14	eds	ed	NOUN
ajeer-3328	184	15	)	)	PUNCT
ajeer-3328	184	16	,	,	PUNCT
ajeer-3328	184	17	world	world	NOUN
ajeer-3328	184	18	transport	transport	NOUN
ajeer-3328	184	19	research	research	NOUN
ajeer-3328	184	20	.	.	PUNCT
ajeer-3328	185	1	paper	paper	NOUN
ajeer-3328	185	2	presented	present	VERB
ajeer-3328	185	3	at	at	ADP
ajeer-3328	185	4	the	the	DET
ajeer-3328	185	5	selected	select	VERB
ajeer-3328	185	6	proceedings	proceeding	NOUN
ajeer-3328	185	7	of	of	ADP
ajeer-3328	185	8	the	the	DET
ajeer-3328	185	9	8th	8th	ADJ
ajeer-3328	185	10	world	world	NOUN
ajeer-3328	185	11	conference	conference	NOUN
ajeer-3328	185	12	on	on	ADP
ajeer-3328	185	13	transport	transport	NOUN
ajeer-3328	185	14	research	research	NOUN
ajeer-3328	185	15	,	,	PUNCT
ajeer-3328	185	16	transport	transport	NOUN
ajeer-3328	185	17	modes	mode	NOUN
ajeer-3328	185	18	and	and	CCONJ
ajeer-3328	185	19	systems	system	NOUN
ajeer-3328	185	20	.	.	PUNCT
ajeer-3328	186	1	elsevier	elsevier	PROPN
ajeer-3328	186	2	science	science	PROPN
ajeer-3328	186	3	,	,	PUNCT
ajeer-3328	186	4	amsterdam	amsterdam	PROPN
ajeer-3328	186	5	.	.	PUNCT
ajeer-3328	186	6	driehuis	driehuis	PROPN
ajeer-3328	186	7	,	,	PUNCT
ajeer-3328	186	8	w.	w.	PROPN
ajeer-3328	186	9	(	(	PUNCT
ajeer-3328	186	10	1970	1970	NUM
ajeer-3328	186	11	)	)	PUNCT
ajeer-3328	186	12	.	.	PUNCT
ajeer-3328	187	1	an	an	DET
ajeer-3328	187	2	econometric	econometric	ADJ
ajeer-3328	187	3	analysis	analysis	NOUN
ajeer-3328	187	4	of	of	ADP
ajeer-3328	187	5	liner	liner	NOUN
ajeer-3328	187	6	freight	freight	NOUN
ajeer-3328	187	7	rates	rate	NOUN
ajeer-3328	187	8	.	.	PUNCT
ajeer-3328	188	1	review	review	NOUN
ajeer-3328	188	2	of	of	ADP
ajeer-3328	188	3	world	world	NOUN
ajeer-3328	188	4	economics	economic	NOUN
ajeer-3328	188	5	,	,	PUNCT
ajeer-3328	188	6	104(1	104(1	NUM
ajeer-3328	188	7	)	)	PUNCT
ajeer-3328	188	8	,	,	PUNCT
ajeer-3328	188	9	96	96	NUM
ajeer-3328	188	10	-	-	SYM
ajeer-3328	188	11	119	119	NUM
ajeer-3328	188	12	.	.	PUNCT
ajeer-3328	188	13	available	available	ADJ
ajeer-3328	188	14	at	at	ADP
ajeer-3328	188	15	:	:	PUNCT
ajeer-3328	188	16	https://doi.org/10.1007/bf02708585	https://doi.org/10.1007/bf02708585	PROPN
ajeer-3328	188	17	.	.	PUNCT
ajeer-3328	189	1	faqin	faqin	PROPN
ajeer-3328	189	2	,	,	PUNCT
ajeer-3328	189	3	l.	l.	PROPN
ajeer-3328	189	4	,	,	PUNCT
ajeer-3328	189	5	&	&	CCONJ
ajeer-3328	189	6	sim	sim	PROPN
ajeer-3328	189	7	,	,	PUNCT
ajeer-3328	189	8	n.	n.	PROPN
ajeer-3328	189	9	c.	c.	PROPN
ajeer-3328	189	10	(	(	PUNCT
ajeer-3328	189	11	2013	2013	NUM
ajeer-3328	189	12	)	)	PUNCT
ajeer-3328	189	13	.	.	PUNCT
ajeer-3328	190	1	trade	trade	NOUN
ajeer-3328	190	2	,	,	PUNCT
ajeer-3328	190	3	income	income	NOUN
ajeer-3328	190	4	and	and	CCONJ
ajeer-3328	190	5	the	the	DET
ajeer-3328	190	6	baltic	baltic	ADJ
ajeer-3328	190	7	dry	dry	PROPN
ajeer-3328	190	8	index	index	NOUN
ajeer-3328	190	9	.	.	PUNCT
ajeer-3328	191	1	european	european	PROPN
ajeer-3328	191	2	economic	economic	PROPN
ajeer-3328	191	3	review	review	PROPN
ajeer-3328	191	4	,	,	PUNCT
ajeer-3328	191	5	59	59	NUM
ajeer-3328	191	6	,	,	PUNCT
ajeer-3328	191	7	1	1	NUM
ajeer-3328	191	8	-	-	SYM
ajeer-3328	191	9	18	18	NUM
ajeer-3328	191	10	.	.	PUNCT
ajeer-3328	191	11	available	available	ADJ
ajeer-3328	191	12	at	at	ADP
ajeer-3328	191	13	:	:	PUNCT
ajeer-3328	191	14	https://doi.org/10.1016/j.euroecorev.2012.12.004	https://doi.org/10.1016/j.euroecorev.2012.12.004	PROPN
ajeer-3328	191	15	.	.	X
ajeer-3328	192	1	geman	geman	PROPN
ajeer-3328	192	2	,	,	PUNCT
ajeer-3328	192	3	h.	h.	PROPN
ajeer-3328	192	4	,	,	PUNCT
ajeer-3328	192	5	&	&	CCONJ
ajeer-3328	192	6	smith	smith	PROPN
ajeer-3328	192	7	,	,	PUNCT
ajeer-3328	192	8	w.	w.	PROPN
ajeer-3328	192	9	o.	o.	PROPN
ajeer-3328	192	10	(	(	PUNCT
ajeer-3328	192	11	2012	2012	NUM
ajeer-3328	192	12	)	)	PUNCT
ajeer-3328	192	13	.	.	PUNCT
ajeer-3328	193	1	shipping	shipping	NOUN
ajeer-3328	193	2	markets	market	NOUN
ajeer-3328	193	3	and	and	CCONJ
ajeer-3328	193	4	freight	freight	NOUN
ajeer-3328	193	5	rates	rate	NOUN
ajeer-3328	193	6	:	:	PUNCT
ajeer-3328	193	7	an	an	DET
ajeer-3328	193	8	analysis	analysis	NOUN
ajeer-3328	193	9	of	of	ADP
ajeer-3328	193	10	the	the	DET
ajeer-3328	193	11	baltic	baltic	ADJ
ajeer-3328	193	12	dry	dry	ADJ
ajeer-3328	193	13	index	index	NOUN
ajeer-3328	193	14	.	.	PUNCT
ajeer-3328	194	1	the	the	DET
ajeer-3328	194	2	journal	journal	NOUN
ajeer-3328	194	3	of	of	ADP
ajeer-3328	194	4	alternative	alternative	ADJ
ajeer-3328	194	5	investments	investment	NOUN
ajeer-3328	194	6	,	,	PUNCT
ajeer-3328	194	7	15(1	15(1	NUM
ajeer-3328	194	8	)	)	PUNCT
ajeer-3328	194	9	,	,	PUNCT
ajeer-3328	194	10	98	98	NUM
ajeer-3328	194	11	-	-	SYM
ajeer-3328	194	12	109	109	NUM
ajeer-3328	194	13	.	.	PUNCT
ajeer-3328	194	14	available	available	ADJ
ajeer-3328	194	15	at	at	ADP
ajeer-3328	194	16	:	:	PUNCT
ajeer-3328	194	17	https://doi.org/10.3905/jai.2012.15.1.098	https://doi.org/10.3905/jai.2012.15.1.098	PROPN
ajeer-3328	194	18	.	.	PUNCT
ajeer-3328	195	1	hassan	hassan	PROPN
ajeer-3328	195	2	,	,	PUNCT
ajeer-3328	195	3	m.	m.	PROPN
ajeer-3328	195	4	k.	k.	PROPN
ajeer-3328	195	5	,	,	PUNCT
ajeer-3328	195	6	sanchez	sanchez	PROPN
ajeer-3328	195	7	,	,	PUNCT
ajeer-3328	195	8	b.	b.	PROPN
ajeer-3328	195	9	,	,	PUNCT
ajeer-3328	195	10	&	&	CCONJ
ajeer-3328	195	11	yu	yu	PROPN
ajeer-3328	195	12	,	,	PUNCT
ajeer-3328	195	13	j.-s	j.-s	PROPN
ajeer-3328	195	14	.	.	PUNCT
ajeer-3328	196	1	(	(	PUNCT
ajeer-3328	196	2	2011	2011	NUM
ajeer-3328	196	3	)	)	PUNCT
ajeer-3328	196	4	.	.	PUNCT
ajeer-3328	197	1	financial	financial	ADJ
ajeer-3328	197	2	development	development	NOUN
ajeer-3328	197	3	and	and	CCONJ
ajeer-3328	197	4	economic	economic	ADJ
ajeer-3328	197	5	growth	growth	NOUN
ajeer-3328	197	6	:	:	PUNCT
ajeer-3328	197	7	new	new	ADJ
ajeer-3328	197	8	evidence	evidence	NOUN
ajeer-3328	197	9	from	from	ADP
ajeer-3328	197	10	panel	panel	NOUN
ajeer-3328	197	11	data	datum	NOUN
ajeer-3328	197	12	.	.	PUNCT
ajeer-3328	198	1	the	the	DET
ajeer-3328	198	2	quarterly	quarterly	ADJ
ajeer-3328	198	3	review	review	NOUN
ajeer-3328	198	4	of	of	ADP
ajeer-3328	198	5	economics	economic	NOUN
ajeer-3328	198	6	and	and	CCONJ
ajeer-3328	198	7	finance	finance	NOUN
ajeer-3328	198	8	,	,	PUNCT
ajeer-3328	198	9	51(1	51(1	NUM
ajeer-3328	198	10	)	)	PUNCT
ajeer-3328	198	11	,	,	PUNCT
ajeer-3328	198	12	88	88	NUM
ajeer-3328	198	13	-	-	SYM
ajeer-3328	198	14	104	104	NUM
ajeer-3328	198	15	.	.	PUNCT
ajeer-3328	199	1	jacks	jack	NOUN
ajeer-3328	199	2	,	,	PUNCT
ajeer-3328	199	3	d.	d.	PROPN
ajeer-3328	199	4	s.	s.	PROPN
ajeer-3328	199	5	,	,	PUNCT
ajeer-3328	199	6	&	&	CCONJ
ajeer-3328	199	7	pendakur	pendakur	PROPN
ajeer-3328	199	8	,	,	PUNCT
ajeer-3328	199	9	k.	k.	PROPN
ajeer-3328	199	10	(	(	PUNCT
ajeer-3328	199	11	2010	2010	NUM
ajeer-3328	199	12	)	)	PUNCT
ajeer-3328	199	13	.	.	PUNCT
ajeer-3328	200	1	global	global	ADJ
ajeer-3328	200	2	trade	trade	PROPN
ajeer-3328	200	3	and	and	CCONJ
ajeer-3328	200	4	the	the	DET
ajeer-3328	200	5	maritime	maritime	ADJ
ajeer-3328	200	6	transport	transport	NOUN
ajeer-3328	200	7	revolution	revolution	NOUN
ajeer-3328	200	8	.	.	PUNCT
ajeer-3328	201	1	the	the	DET
ajeer-3328	201	2	review	review	NOUN
ajeer-3328	201	3	of	of	ADP
ajeer-3328	201	4	economics	economic	NOUN
ajeer-3328	201	5	and	and	CCONJ
ajeer-3328	201	6	statistics	statistic	NOUN
ajeer-3328	201	7	,	,	PUNCT
ajeer-3328	201	8	92(4	92(4	PROPN
ajeer-3328	201	9	)	)	PUNCT
ajeer-3328	201	10	,	,	PUNCT
ajeer-3328	201	11	745	745	NUM
ajeer-3328	201	12	-	-	SYM
ajeer-3328	201	13	755	755	NUM
ajeer-3328	201	14	.	.	PUNCT
ajeer-3328	201	15	jurun	jurun	PROPN
ajeer-3328	201	16	,	,	PUNCT
ajeer-3328	201	17	e.	e.	PROPN
ajeer-3328	201	18	,	,	PUNCT
ajeer-3328	201	19	ratković	ratković	PROPN
ajeer-3328	201	20	,	,	PUNCT
ajeer-3328	201	21	n.	n.	NOUN
ajeer-3328	201	22	,	,	PUNCT
ajeer-3328	201	23	&	&	CCONJ
ajeer-3328	201	24	moro	moro	PROPN
ajeer-3328	201	25	,	,	PUNCT
ajeer-3328	201	26	f.	f.	PROPN
ajeer-3328	201	27	(	(	PUNCT
ajeer-3328	201	28	2015	2015	NUM
ajeer-3328	201	29	)	)	PUNCT
ajeer-3328	201	30	.	.	PUNCT
ajeer-3328	202	1	the	the	DET
ajeer-3328	202	2	baltic	baltic	ADJ
ajeer-3328	202	3	dry	dry	ADJ
ajeer-3328	202	4	index	index	NOUN
ajeer-3328	202	5	and	and	CCONJ
ajeer-3328	202	6	performance	performance	NOUN
ajeer-3328	202	7	excellence	excellence	NOUN
ajeer-3328	202	8	in	in	ADP
ajeer-3328	202	9	a	a	DET
ajeer-3328	202	10	crisis	crisis	NOUN
ajeer-3328	202	11	environment	environment	NOUN
ajeer-3328	202	12	.	.	PUNCT
ajeer-3328	203	1	croatian	croatian	PROPN
ajeer-3328	203	2	operational	operational	ADJ
ajeer-3328	203	3	research	research	PROPN
ajeer-3328	203	4	review	review	PROPN
ajeer-3328	203	5	,	,	PUNCT
ajeer-3328	203	6	6(2	6(2	NUM
ajeer-3328	203	7	)	)	PUNCT
ajeer-3328	203	8	,	,	PUNCT
ajeer-3328	203	9	335	335	NUM
ajeer-3328	203	10	-	-	SYM
ajeer-3328	203	11	346	346	NUM
ajeer-3328	203	12	.	.	PUNCT
ajeer-3328	203	13	available	available	ADJ
ajeer-3328	203	14	at	at	ADP
ajeer-3328	203	15	:	:	PUNCT
ajeer-3328	203	16	https://doi.org/10.17535/crorr.2015.0026	https://doi.org/10.17535/crorr.2015.0026	PROPN
ajeer-3328	203	17	.	.	PUNCT
ajeer-3328	204	1	kavussanos	kavussanos	PROPN
ajeer-3328	204	2	,	,	PUNCT
ajeer-3328	204	3	m.	m.	NOUN
ajeer-3328	204	4	g.	g.	PROPN
ajeer-3328	204	5	,	,	PUNCT
ajeer-3328	204	6	&	&	CCONJ
ajeer-3328	204	7	nomikos	nomikos	PROPN
ajeer-3328	204	8	,	,	PUNCT
ajeer-3328	204	9	n.	n.	PROPN
ajeer-3328	204	10	k.	k.	PROPN
ajeer-3328	205	1	(	(	PUNCT
ajeer-3328	205	2	1999	1999	NUM
ajeer-3328	205	3	)	)	PUNCT
ajeer-3328	205	4	.	.	PUNCT
ajeer-3328	206	1	the	the	DET
ajeer-3328	206	2	forward	forward	ADJ
ajeer-3328	206	3	pricing	pricing	NOUN
ajeer-3328	206	4	function	function	NOUN
ajeer-3328	206	5	of	of	ADP
ajeer-3328	206	6	the	the	DET
ajeer-3328	206	7	shipping	shipping	NOUN
ajeer-3328	206	8	freight	freight	NOUN
ajeer-3328	206	9	futures	future	NOUN
ajeer-3328	206	10	market	market	NOUN
ajeer-3328	206	11	.	.	PUNCT
ajeer-3328	207	1	journal	journal	PROPN
ajeer-3328	207	2	of	of	ADP
ajeer-3328	207	3	futures	future	NOUN
ajeer-3328	207	4	markets	market	NOUN
ajeer-3328	207	5	:	:	PUNCT
ajeer-3328	208	1	futures	future	NOUN
ajeer-3328	208	2	,	,	PUNCT
ajeer-3328	208	3	options	option	NOUN
ajeer-3328	208	4	,	,	PUNCT
ajeer-3328	208	5	and	and	CCONJ
ajeer-3328	208	6	other	other	ADJ
ajeer-3328	208	7	derivative	derivative	ADJ
ajeer-3328	208	8	products	product	NOUN
ajeer-3328	208	9	,	,	PUNCT
ajeer-3328	208	10	19(3	19(3	NUM
ajeer-3328	208	11	)	)	PUNCT
ajeer-3328	208	12	,	,	PUNCT
ajeer-3328	208	13	353	353	NUM
ajeer-3328	208	14	-	-	SYM
ajeer-3328	208	15	376	376	NUM
ajeer-3328	208	16	.	.	PUNCT
ajeer-3328	208	17	available	available	ADJ
ajeer-3328	208	18	at	at	ADP
ajeer-3328	208	19	:	:	PUNCT
ajeer-3328	208	20	https://doi.org/10.1002/(sici)10969934(199905)19:3%3c353::aid-fut6%3e3.0.co;2-6	https://doi.org/10.1002/(sici)10969934(199905)19:3%3c353::aid-fut6%3e3.0.co;2-6	NOUN
ajeer-3328	208	21	.	.	PUNCT
ajeer-3328	209	1	asian	asian	ADJ
ajeer-3328	209	2	journal	journal	PROPN
ajeer-3328	209	3	of	of	ADP
ajeer-3328	209	4	economics	economic	NOUN
ajeer-3328	209	5	and	and	CCONJ
ajeer-3328	209	6	empirical	empirical	ADJ
ajeer-3328	209	7	research	research	NOUN
ajeer-3328	209	8	,	,	PUNCT
ajeer-3328	209	9	2021	2021	NUM
ajeer-3328	209	10	,	,	PUNCT
ajeer-3328	209	11	8(2	8(2	NUM
ajeer-3328	209	12	):	):	PUNCT
ajeer-3328	209	13	67	67	NUM
ajeer-3328	209	14	-	-	SYM
ajeer-3328	209	15	72	72	NUM
ajeer-3328	209	16	72	72	NUM
ajeer-3328	209	17	©	©	PROPN
ajeer-3328	209	18	2021	2021	NUM
ajeer-3328	209	19	by	by	ADP
ajeer-3328	209	20	the	the	DET
ajeer-3328	209	21	authors	author	NOUN
ajeer-3328	209	22	;	;	PUNCT
ajeer-3328	209	23	licensee	licensee	PROPN
ajeer-3328	209	24	asian	asian	ADJ
ajeer-3328	209	25	online	online	PROPN
ajeer-3328	209	26	journal	journal	PROPN
ajeer-3328	209	27	publishing	publishing	NOUN
ajeer-3328	209	28	group	group	NOUN
ajeer-3328	209	29	kavussanos	kavussano	NOUN
ajeer-3328	209	30	,	,	PUNCT
ajeer-3328	209	31	m.	m.	NOUN
ajeer-3328	209	32	g.	g.	PROPN
ajeer-3328	209	33	,	,	PUNCT
ajeer-3328	209	34	&	&	CCONJ
ajeer-3328	209	35	alizadeh	alizadeh	PROPN
ajeer-3328	209	36	-	-	PUNCT
ajeer-3328	209	37	m	m	PROPN
ajeer-3328	209	38	,	,	PUNCT
ajeer-3328	209	39	a.	a.	PROPN
ajeer-3328	209	40	h.	h.	PROPN
ajeer-3328	209	41	(	(	PUNCT
ajeer-3328	209	42	2001	2001	NUM
ajeer-3328	209	43	)	)	PUNCT
ajeer-3328	209	44	.	.	PUNCT
ajeer-3328	210	1	seasonality	seasonality	NOUN
ajeer-3328	210	2	patterns	pattern	NOUN
ajeer-3328	210	3	in	in	ADP
ajeer-3328	210	4	dry	dry	ADJ
ajeer-3328	210	5	bulk	bulk	NOUN
ajeer-3328	210	6	shipping	shipping	NOUN
ajeer-3328	210	7	spot	spot	NOUN
ajeer-3328	210	8	and	and	CCONJ
ajeer-3328	210	9	time	time	NOUN
ajeer-3328	210	10	charter	charter	NOUN
ajeer-3328	210	11	freight	freight	NOUN
ajeer-3328	210	12	rates	rate	NOUN
ajeer-3328	210	13	.	.	PUNCT
ajeer-3328	211	1	transportation	transportation	NOUN
ajeer-3328	211	2	research	research	NOUN
ajeer-3328	211	3	part	part	NOUN
ajeer-3328	211	4	e	e	NOUN
ajeer-3328	211	5	:	:	PUNCT
ajeer-3328	211	6	logistics	logistic	NOUN
ajeer-3328	211	7	and	and	CCONJ
ajeer-3328	211	8	transportation	transportation	NOUN
ajeer-3328	211	9	review	review	NOUN
ajeer-3328	211	10	,	,	PUNCT
ajeer-3328	211	11	37(6	37(6	NUM
ajeer-3328	211	12	)	)	PUNCT
ajeer-3328	211	13	,	,	PUNCT
ajeer-3328	211	14	443	443	NUM
ajeer-3328	211	15	-	-	SYM
ajeer-3328	211	16	467	467	NUM
ajeer-3328	211	17	.	.	PUNCT
ajeer-3328	211	18	available	available	ADJ
ajeer-3328	211	19	at	at	ADP
ajeer-3328	211	20	:	:	PUNCT
ajeer-3328	211	21	https://doi.org/10.1016/s1366-5545(01)00004-7	https://doi.org/10.1016/s1366-5545(01)00004-7	PROPN
ajeer-3328	211	22	.	.	PUNCT
ajeer-3328	212	1	kavussanos	kavussanos	PROPN
ajeer-3328	212	2	,	,	PUNCT
ajeer-3328	212	3	m.	m.	NOUN
ajeer-3328	212	4	g.	g.	PROPN
ajeer-3328	212	5	,	,	PUNCT
ajeer-3328	212	6	&	&	CCONJ
ajeer-3328	212	7	alizadeh	alizadeh	PROPN
ajeer-3328	212	8	-	-	PUNCT
ajeer-3328	212	9	m	m	PROPN
ajeer-3328	212	10	,	,	PUNCT
ajeer-3328	212	11	a.	a.	PROPN
ajeer-3328	212	12	h.	h.	PROPN
ajeer-3328	212	13	(	(	PUNCT
ajeer-3328	212	14	2002	2002	NUM
ajeer-3328	212	15	)	)	PUNCT
ajeer-3328	212	16	.	.	PUNCT
ajeer-3328	213	1	seasonality	seasonality	NOUN
ajeer-3328	213	2	patterns	pattern	NOUN
ajeer-3328	213	3	in	in	ADP
ajeer-3328	213	4	tanker	tanker	NOUN
ajeer-3328	213	5	spot	spot	NOUN
ajeer-3328	213	6	freight	freight	NOUN
ajeer-3328	213	7	rate	rate	NOUN
ajeer-3328	213	8	markets	market	NOUN
ajeer-3328	213	9	.	.	PUNCT
ajeer-3328	214	1	economic	economic	ADJ
ajeer-3328	214	2	modelling	modelling	NOUN
ajeer-3328	214	3	,	,	PUNCT
ajeer-3328	214	4	19(5	19(5	NUM
ajeer-3328	214	5	)	)	PUNCT
ajeer-3328	214	6	,	,	PUNCT
ajeer-3328	214	7	747	747	NUM
ajeer-3328	214	8	-	-	SYM
ajeer-3328	214	9	782	782	NUM
ajeer-3328	214	10	.	.	PUNCT
ajeer-3328	215	1	kavussanos	kavussano	NOUN
ajeer-3328	215	2	,	,	PUNCT
ajeer-3328	215	3	m.	m.	NOUN
ajeer-3328	215	4	g.	g.	PROPN
ajeer-3328	215	5	,	,	PUNCT
ajeer-3328	215	6	&	&	CCONJ
ajeer-3328	215	7	visvikis	visvikis	PROPN
ajeer-3328	215	8	,	,	PUNCT
ajeer-3328	215	9	i.	i.	PROPN
ajeer-3328	215	10	d.	d.	PROPN
ajeer-3328	215	11	(	(	PUNCT
ajeer-3328	215	12	2004	2004	NUM
ajeer-3328	215	13	)	)	PUNCT
ajeer-3328	215	14	.	.	PUNCT
ajeer-3328	216	1	market	market	NOUN
ajeer-3328	216	2	interactions	interaction	NOUN
ajeer-3328	216	3	in	in	ADP
ajeer-3328	216	4	returns	return	NOUN
ajeer-3328	216	5	and	and	CCONJ
ajeer-3328	216	6	volatilities	volatility	NOUN
ajeer-3328	216	7	between	between	ADP
ajeer-3328	216	8	spot	spot	NOUN
ajeer-3328	216	9	and	and	CCONJ
ajeer-3328	216	10	forward	forward	ADV
ajeer-3328	216	11	shipping	ship	VERB
ajeer-3328	216	12	freight	freight	NOUN
ajeer-3328	216	13	markets	market	NOUN
ajeer-3328	216	14	.	.	PUNCT
ajeer-3328	217	1	journal	journal	NOUN
ajeer-3328	217	2	of	of	ADP
ajeer-3328	217	3	banking	banking	NOUN
ajeer-3328	217	4	&	&	CCONJ
ajeer-3328	217	5	finance	finance	PROPN
ajeer-3328	217	6	,	,	PUNCT
ajeer-3328	217	7	28(8	28(8	NUM
ajeer-3328	217	8	)	)	PUNCT
ajeer-3328	217	9	,	,	PUNCT
ajeer-3328	217	10	2015	2015	NUM
ajeer-3328	217	11	-	-	SYM
ajeer-3328	217	12	2049	2049	NUM
ajeer-3328	217	13	.	.	PUNCT
ajeer-3328	218	1	available	available	ADJ
ajeer-3328	218	2	at	at	ADP
ajeer-3328	218	3	:	:	PUNCT
ajeer-3328	218	4	https://doi.org/10.1016/j.jbankfin.2003.07.004	https://doi.org/10.1016/j.jbankfin.2003.07.004	PROPN
ajeer-3328	218	5	.	.	PUNCT
ajeer-3328	219	1	kavussanos	kavussanos	PROPN
ajeer-3328	219	2	,	,	PUNCT
ajeer-3328	219	3	m.	m.	NOUN
ajeer-3328	219	4	g.	g.	PROPN
ajeer-3328	219	5	,	,	PUNCT
ajeer-3328	219	6	visvikis	visvikis	PROPN
ajeer-3328	219	7	,	,	PUNCT
ajeer-3328	219	8	i.	i.	PROPN
ajeer-3328	219	9	d.	d.	PROPN
ajeer-3328	219	10	,	,	PUNCT
ajeer-3328	219	11	&	&	CCONJ
ajeer-3328	219	12	menachof	menachof	PROPN
ajeer-3328	219	13	,	,	PUNCT
ajeer-3328	219	14	d.	d.	PROPN
ajeer-3328	219	15	(	(	PUNCT
ajeer-3328	219	16	2004	2004	NUM
ajeer-3328	219	17	)	)	PUNCT
ajeer-3328	219	18	.	.	PUNCT
ajeer-3328	220	1	the	the	DET
ajeer-3328	220	2	unbiasedness	unbiasedness	ADJ
ajeer-3328	220	3	hypothesis	hypothesis	NOUN
ajeer-3328	220	4	in	in	ADP
ajeer-3328	220	5	the	the	DET
ajeer-3328	220	6	freight	freight	NOUN
ajeer-3328	220	7	forward	forward	ADV
ajeer-3328	220	8	market	market	NOUN
ajeer-3328	220	9	:	:	PUNCT
ajeer-3328	220	10	evidence	evidence	NOUN
ajeer-3328	220	11	from	from	ADP
ajeer-3328	220	12	cointegration	cointegration	NOUN
ajeer-3328	220	13	tests	test	NOUN
ajeer-3328	220	14	.	.	PUNCT
ajeer-3328	221	1	review	review	NOUN
ajeer-3328	221	2	of	of	ADP
ajeer-3328	221	3	derivatives	derivative	NOUN
ajeer-3328	221	4	research	research	NOUN
ajeer-3328	221	5	,	,	PUNCT
ajeer-3328	221	6	7(3	7(3	NUM
ajeer-3328	221	7	)	)	PUNCT
ajeer-3328	221	8	,	,	PUNCT
ajeer-3328	221	9	241	241	NUM
ajeer-3328	221	10	-	-	SYM
ajeer-3328	221	11	266	266	NUM
ajeer-3328	221	12	.	.	PUNCT
ajeer-3328	221	13	available	available	ADJ
ajeer-3328	221	14	at	at	ADP
ajeer-3328	221	15	:	:	PUNCT
ajeer-3328	221	16	https://doi.org/10.1007/s11147-004-4811-7	https://doi.org/10.1007/s11147-004-4811-7	NUM
ajeer-3328	221	17	.	.	PUNCT
ajeer-3328	222	1	koekebakker	koekebakker	PROPN
ajeer-3328	222	2	,	,	PUNCT
ajeer-3328	222	3	s.	s.	PROPN
ajeer-3328	222	4	,	,	PUNCT
ajeer-3328	222	5	adland	adland	PROPN
ajeer-3328	222	6	,	,	PUNCT
ajeer-3328	222	7	r.	r.	PROPN
ajeer-3328	222	8	,	,	PUNCT
ajeer-3328	222	9	&	&	CCONJ
ajeer-3328	222	10	sødal	sødal	PROPN
ajeer-3328	222	11	,	,	PUNCT
ajeer-3328	222	12	s.	s.	PROPN
ajeer-3328	222	13	(	(	PUNCT
ajeer-3328	222	14	2006	2006	NUM
ajeer-3328	222	15	)	)	PUNCT
ajeer-3328	222	16	.	.	PUNCT
ajeer-3328	223	1	are	be	AUX
ajeer-3328	223	2	spot	spot	NOUN
ajeer-3328	223	3	freight	freight	NOUN
ajeer-3328	223	4	rates	rate	NOUN
ajeer-3328	223	5	stationary	stationary	ADJ
ajeer-3328	223	6	?	?	PUNCT
ajeer-3328	224	1	journal	journal	NOUN
ajeer-3328	224	2	of	of	ADP
ajeer-3328	224	3	transport	transport	NOUN
ajeer-3328	224	4	economics	economic	NOUN
ajeer-3328	224	5	and	and	CCONJ
ajeer-3328	224	6	policy	policy	NOUN
ajeer-3328	224	7	(	(	PUNCT
ajeer-3328	224	8	jtep	jtep	PROPN
ajeer-3328	224	9	)	)	PUNCT
ajeer-3328	224	10	,	,	PUNCT
ajeer-3328	224	11	40(3	40(3	NUM
ajeer-3328	224	12	)	)	PUNCT
ajeer-3328	224	13	,	,	PUNCT
ajeer-3328	224	14	449	449	NUM
ajeer-3328	224	15	-	-	SYM
ajeer-3328	224	16	472	472	NUM
ajeer-3328	224	17	.	.	PUNCT
ajeer-3328	225	1	lin	lin	PROPN
ajeer-3328	225	2	,	,	PUNCT
ajeer-3328	225	3	f.	f.	PROPN
ajeer-3328	225	4	,	,	PUNCT
ajeer-3328	225	5	&	&	CCONJ
ajeer-3328	225	6	sim	sim	PROPN
ajeer-3328	225	7	,	,	PUNCT
ajeer-3328	225	8	n.	n.	PROPN
ajeer-3328	225	9	c.	c.	PROPN
ajeer-3328	225	10	(	(	PUNCT
ajeer-3328	225	11	2013	2013	NUM
ajeer-3328	225	12	)	)	PUNCT
ajeer-3328	225	13	.	.	PUNCT
ajeer-3328	226	1	trade	trade	NOUN
ajeer-3328	226	2	,	,	PUNCT
ajeer-3328	226	3	income	income	NOUN
ajeer-3328	226	4	and	and	CCONJ
ajeer-3328	226	5	the	the	DET
ajeer-3328	226	6	baltic	baltic	ADJ
ajeer-3328	226	7	dry	dry	PROPN
ajeer-3328	226	8	index	index	NOUN
ajeer-3328	226	9	.	.	PUNCT
ajeer-3328	227	1	european	european	PROPN
ajeer-3328	227	2	economic	economic	PROPN
ajeer-3328	227	3	review	review	PROPN
ajeer-3328	227	4	,	,	PUNCT
ajeer-3328	227	5	59	59	NUM
ajeer-3328	227	6	,	,	PUNCT
ajeer-3328	227	7	1	1	NUM
ajeer-3328	227	8	-	-	SYM
ajeer-3328	227	9	18	18	NUM
ajeer-3328	227	10	.	.	PUNCT
ajeer-3328	227	11	available	available	ADJ
ajeer-3328	227	12	at	at	ADP
ajeer-3328	227	13	:	:	PUNCT
ajeer-3328	227	14	https://doi.org/10.1016/j.euroecorev.2012.12.004	https://doi.org/10.1016/j.euroecorev.2012.12.004	PROPN
ajeer-3328	227	15	.	.	PUNCT
ajeer-3328	227	16	makridakis	makridakis	PROPN
ajeer-3328	227	17	,	,	PUNCT
ajeer-3328	227	18	s.	s.	PROPN
ajeer-3328	227	19	,	,	PUNCT
ajeer-3328	227	20	merikas	merikas	PROPN
ajeer-3328	227	21	,	,	PUNCT
ajeer-3328	227	22	a.	a.	NOUN
ajeer-3328	227	23	,	,	PUNCT
ajeer-3328	227	24	merika	merika	NOUN
ajeer-3328	227	25	,	,	PUNCT
ajeer-3328	227	26	a.	a.	NOUN
ajeer-3328	227	27	,	,	PUNCT
ajeer-3328	227	28	tsionas	tsiona	NOUN
ajeer-3328	227	29	,	,	PUNCT
ajeer-3328	227	30	m.	m.	NOUN
ajeer-3328	227	31	g.	g.	PROPN
ajeer-3328	227	32	,	,	PUNCT
ajeer-3328	227	33	&	&	CCONJ
ajeer-3328	227	34	izzeldin	izzeldin	NOUN
ajeer-3328	227	35	,	,	PUNCT
ajeer-3328	227	36	m.	m.	NOUN
ajeer-3328	227	37	(	(	PUNCT
ajeer-3328	227	38	2020	2020	NUM
ajeer-3328	227	39	)	)	PUNCT
ajeer-3328	227	40	.	.	PUNCT
ajeer-3328	228	1	a	a	DET
ajeer-3328	228	2	novel	novel	ADJ
ajeer-3328	228	3	forecasting	forecasting	NOUN
ajeer-3328	228	4	model	model	NOUN
ajeer-3328	228	5	for	for	ADP
ajeer-3328	228	6	the	the	DET
ajeer-3328	228	7	baltic	baltic	ADJ
ajeer-3328	228	8	dry	dry	ADJ
ajeer-3328	228	9	index	index	NOUN
ajeer-3328	228	10	utilizing	utilize	VERB
ajeer-3328	228	11	optimal	optimal	ADJ
ajeer-3328	228	12	squeezing	squeezing	NOUN
ajeer-3328	228	13	.	.	PUNCT
ajeer-3328	229	1	journal	journal	NOUN
ajeer-3328	229	2	of	of	ADP
ajeer-3328	229	3	forecasting	forecasting	NOUN
ajeer-3328	229	4	,	,	PUNCT
ajeer-3328	229	5	39(1	39(1	NUM
ajeer-3328	229	6	)	)	PUNCT
ajeer-3328	229	7	,	,	PUNCT
ajeer-3328	229	8	56	56	NUM
ajeer-3328	229	9	-	-	SYM
ajeer-3328	229	10	68	68	NUM
ajeer-3328	229	11	.	.	PUNCT
ajeer-3328	229	12	available	available	ADJ
ajeer-3328	229	13	at	at	ADP
ajeer-3328	229	14	:	:	PUNCT
ajeer-3328	229	15	https://doi.org/10.1002/for.2613	https://doi.org/10.1002/for.2613	PROPN
ajeer-3328	229	16	.	.	PROPN
ajeer-3328	229	17	marlow	marlow	PROPN
ajeer-3328	229	18	,	,	PUNCT
ajeer-3328	229	19	p.	p.	PROPN
ajeer-3328	229	20	b.	b.	PROPN
ajeer-3328	229	21	,	,	PUNCT
ajeer-3328	229	22	&	&	CCONJ
ajeer-3328	229	23	gardner	gardner	PROPN
ajeer-3328	229	24	,	,	PUNCT
ajeer-3328	229	25	b.	b.	PROPN
ajeer-3328	229	26	(	(	PUNCT
ajeer-3328	229	27	1980	1980	NUM
ajeer-3328	229	28	)	)	PUNCT
ajeer-3328	229	29	.	.	PUNCT
ajeer-3328	230	1	some	some	DET
ajeer-3328	230	2	thoughts	thought	NOUN
ajeer-3328	230	3	on	on	ADP
ajeer-3328	230	4	the	the	DET
ajeer-3328	230	5	dry	dry	ADJ
ajeer-3328	230	6	bulk	bulk	NOUN
ajeer-3328	230	7	shipping	shipping	NOUN
ajeer-3328	230	8	sector	sector	NOUN
ajeer-3328	230	9	.	.	PUNCT
ajeer-3328	231	1	the	the	DET
ajeer-3328	231	2	journal	journal	NOUN
ajeer-3328	231	3	of	of	ADP
ajeer-3328	231	4	industrial	industrial	ADJ
ajeer-3328	231	5	economics	economic	NOUN
ajeer-3328	231	6	,	,	PUNCT
ajeer-3328	231	7	29(1	29(1	NUM
ajeer-3328	231	8	)	)	PUNCT
ajeer-3328	231	9	,	,	PUNCT
ajeer-3328	231	10	71	71	NUM
ajeer-3328	231	11	-	-	SYM
ajeer-3328	231	12	84	84	NUM
ajeer-3328	231	13	.	.	PUNCT
ajeer-3328	232	1	mayer	mayer	PROPN
ajeer-3328	232	2	,	,	PUNCT
ajeer-3328	232	3	j.	j.	PROPN
ajeer-3328	232	4	(	(	PUNCT
ajeer-3328	232	5	2010	2010	NUM
ajeer-3328	232	6	)	)	PUNCT
ajeer-3328	232	7	.	.	PUNCT
ajeer-3328	233	1	the	the	DET
ajeer-3328	233	2	finacialization	finacialization	NOUN
ajeer-3328	233	3	of	of	ADP
ajeer-3328	233	4	commodity	commodity	NOUN
ajeer-3328	233	5	markets	market	NOUN
ajeer-3328	233	6	and	and	CCONJ
ajeer-3328	233	7	commodity	commodity	NOUN
ajeer-3328	233	8	price	price	NOUN
ajeer-3328	233	9	volatility	volatility	NOUN
ajeer-3328	233	10	.	.	PUNCT
ajeer-3328	234	1	new	new	PROPN
ajeer-3328	234	2	york	york	PROPN
ajeer-3328	234	3	and	and	CCONJ
ajeer-3328	234	4	geneva	geneva	PROPN
ajeer-3328	234	5	:	:	PUNCT
ajeer-3328	234	6	the	the	DET
ajeer-3328	234	7	financial	financial	ADJ
ajeer-3328	234	8	and	and	CCONJ
ajeer-3328	234	9	economic	economic	ADJ
ajeer-3328	234	10	crisis	crisis	NOUN
ajeer-3328	234	11	of	of	ADP
ajeer-3328	234	12	2008	2008	NUM
ajeer-3328	234	13	to	to	ADP
ajeer-3328	234	14	2009	2009	NUM
ajeer-3328	234	15	and	and	CCONJ
ajeer-3328	234	16	developing	develop	VERB
ajeer-3328	234	17	countries	country	NOUN
ajeer-3328	234	18	.	.	PUNCT
ajeer-3328	235	1	mladenovic	mladenovic	PROPN
ajeer-3328	235	2	,	,	PUNCT
ajeer-3328	235	3	z.	z.	PROPN
ajeer-3328	235	4	,	,	PUNCT
ajeer-3328	235	5	&	&	CCONJ
ajeer-3328	235	6	pavlovic	pavlovic	ADJ
ajeer-3328	235	7	,	,	PUNCT
ajeer-3328	235	8	p.	p.	NOUN
ajeer-3328	235	9	(	(	PUNCT
ajeer-3328	235	10	2003	2003	NUM
ajeer-3328	235	11	)	)	PUNCT
ajeer-3328	235	12	.	.	PUNCT
ajeer-3328	236	1	introduction	introduction	NOUN
ajeer-3328	236	2	to	to	ADP
ajeer-3328	236	3	econometrics	econometric	NOUN
ajeer-3328	236	4	.	.	PUNCT
ajeer-3328	237	1	belgrade	belgrade	PROPN
ajeer-3328	237	2	:	:	PUNCT
ajeer-3328	237	3	faculty	faculty	NOUN
ajeer-3328	237	4	of	of	ADP
ajeer-3328	237	5	economics	economic	NOUN
ajeer-3328	237	6	in	in	ADP
ajeer-3328	237	7	belgrade	belgrade	PROPN
ajeer-3328	237	8	.	.	PUNCT
ajeer-3328	238	1	papailias	papailias	PROPN
ajeer-3328	238	2	,	,	PUNCT
ajeer-3328	238	3	f.	f.	PROPN
ajeer-3328	238	4	,	,	PUNCT
ajeer-3328	238	5	thomakos	thomakos	PROPN
ajeer-3328	238	6	,	,	PUNCT
ajeer-3328	238	7	d.	d.	PROPN
ajeer-3328	238	8	d.	d.	PROPN
ajeer-3328	238	9	,	,	PUNCT
ajeer-3328	238	10	&	&	CCONJ
ajeer-3328	238	11	liu	liu	PROPN
ajeer-3328	238	12	,	,	PUNCT
ajeer-3328	238	13	j.	j.	PROPN
ajeer-3328	238	14	(	(	PUNCT
ajeer-3328	238	15	2017	2017	NUM
ajeer-3328	238	16	)	)	PUNCT
ajeer-3328	238	17	.	.	PUNCT
ajeer-3328	239	1	the	the	DET
ajeer-3328	239	2	baltic	baltic	PROPN
ajeer-3328	239	3	dry	dry	PROPN
ajeer-3328	239	4	index	index	NOUN
ajeer-3328	239	5	:	:	PUNCT
ajeer-3328	239	6	cyclicalities	cyclicalitie	NOUN
ajeer-3328	239	7	,	,	PUNCT
ajeer-3328	239	8	forecasting	forecasting	NOUN
ajeer-3328	239	9	and	and	CCONJ
ajeer-3328	239	10	hedging	hedging	NOUN
ajeer-3328	239	11	strategies	strategy	NOUN
ajeer-3328	239	12	.	.	PUNCT
ajeer-3328	240	1	empirical	empirical	ADJ
ajeer-3328	240	2	economics	economic	NOUN
ajeer-3328	240	3	,	,	PUNCT
ajeer-3328	240	4	52(1	52(1	NOUN
ajeer-3328	240	5	)	)	PUNCT
ajeer-3328	240	6	,	,	PUNCT
ajeer-3328	240	7	255	255	NUM
ajeer-3328	240	8	-	-	SYM
ajeer-3328	240	9	282	282	NUM
ajeer-3328	240	10	.	.	PUNCT
ajeer-3328	240	11	available	available	ADJ
ajeer-3328	240	12	at	at	ADP
ajeer-3328	240	13	:	:	PUNCT
ajeer-3328	240	14	https://doi.org/10.1007/s00181-016-1081-9	https://doi.org/10.1007/s00181-016-1081-9	NUM
ajeer-3328	240	15	.	.	PUNCT
ajeer-3328	241	1	radivojevic	radivojevic	VERB
ajeer-3328	241	2	,	,	PUNCT
ajeer-3328	241	3	n.	n.	NOUN
ajeer-3328	241	4	,	,	PUNCT
ajeer-3328	241	5	&	&	CCONJ
ajeer-3328	241	6	jovovic	jovovic	PROPN
ajeer-3328	241	7	,	,	PUNCT
ajeer-3328	241	8	j.	j.	PROPN
ajeer-3328	241	9	(	(	PUNCT
ajeer-3328	241	10	2017	2017	NUM
ajeer-3328	241	11	)	)	PUNCT
ajeer-3328	241	12	.	.	PUNCT
ajeer-3328	242	1	examining	examine	VERB
ajeer-3328	242	2	of	of	ADP
ajeer-3328	242	3	determinants	determinant	NOUN
ajeer-3328	242	4	of	of	ADP
ajeer-3328	242	5	non	non	ADJ
ajeer-3328	242	6	-	-	ADJ
ajeer-3328	242	7	performing	perform	VERB
ajeer-3328	242	8	loans	loan	NOUN
ajeer-3328	242	9	.	.	PUNCT
ajeer-3328	243	1	prague	prague	PROPN
ajeer-3328	243	2	economic	economic	ADJ
ajeer-3328	243	3	papers	paper	NOUN
ajeer-3328	243	4	,	,	PUNCT
ajeer-3328	243	5	26(3	26(3	NUM
ajeer-3328	243	6	)	)	PUNCT
ajeer-3328	243	7	,	,	PUNCT
ajeer-3328	243	8	300	300	NUM
ajeer-3328	243	9	-	-	SYM
ajeer-3328	243	10	316	316	NUM
ajeer-3328	243	11	.	.	PUNCT
ajeer-3328	243	12	available	available	ADJ
ajeer-3328	243	13	at	at	ADP
ajeer-3328	243	14	:	:	PUNCT
ajeer-3328	243	15	https://doi.org/10.18267/j.pep.615	https://doi.org/10.18267/j.pep.615	PROPN
ajeer-3328	243	16	.	.	PUNCT
ajeer-3328	244	1	radivojević	radivojević	PROPN
ajeer-3328	244	2	,	,	PUNCT
ajeer-3328	244	3	n.	n.	NOUN
ajeer-3328	244	4	,	,	PUNCT
ajeer-3328	244	5	cvijanović	cvijanović	PROPN
ajeer-3328	244	6	,	,	PUNCT
ajeer-3328	244	7	d.	d.	PROPN
ajeer-3328	244	8	,	,	PUNCT
ajeer-3328	244	9	sekulic	sekulic	PROPN
ajeer-3328	244	10	,	,	PUNCT
ajeer-3328	244	11	d.	d.	PROPN
ajeer-3328	244	12	,	,	PUNCT
ajeer-3328	244	13	pavlovic	pavlovic	ADV
ajeer-3328	244	14	,	,	PUNCT
ajeer-3328	244	15	d.	d.	PROPN
ajeer-3328	244	16	,	,	PUNCT
ajeer-3328	244	17	jovic	jovic	PROPN
ajeer-3328	244	18	,	,	PUNCT
ajeer-3328	244	19	s.	s.	PROPN
ajeer-3328	244	20	,	,	PUNCT
ajeer-3328	244	21	&	&	CCONJ
ajeer-3328	244	22	maksimović	maksimović	PROPN
ajeer-3328	244	23	,	,	PUNCT
ajeer-3328	244	24	g.	g.	PROPN
ajeer-3328	244	25	(	(	PUNCT
ajeer-3328	244	26	2019	2019	NUM
ajeer-3328	244	27	)	)	PUNCT
ajeer-3328	244	28	.	.	PUNCT
ajeer-3328	245	1	econometric	econometric	ADJ
ajeer-3328	245	2	model	model	NOUN
ajeer-3328	245	3	of	of	ADP
ajeer-3328	245	4	non	non	ADJ
ajeer-3328	245	5	-	-	ADJ
ajeer-3328	245	6	performing	perform	VERB
ajeer-3328	245	7	loans	loan	NOUN
ajeer-3328	245	8	determinants	determinant	NOUN
ajeer-3328	245	9	.	.	PUNCT
ajeer-3328	246	1	physica	physica	VERB
ajeer-3328	246	2	a	a	DET
ajeer-3328	246	3	:	:	PUNCT
ajeer-3328	246	4	statistical	statistical	ADJ
ajeer-3328	246	5	mechanics	mechanic	NOUN
ajeer-3328	246	6	and	and	CCONJ
ajeer-3328	246	7	its	its	PRON
ajeer-3328	246	8	applications	application	NOUN
ajeer-3328	246	9	,	,	PUNCT
ajeer-3328	246	10	520	520	NUM
ajeer-3328	246	11	,	,	PUNCT
ajeer-3328	246	12	481	481	NUM
ajeer-3328	246	13	-	-	SYM
ajeer-3328	246	14	488	488	NUM
ajeer-3328	246	15	.	.	PUNCT
ajeer-3328	247	1	available	available	ADJ
ajeer-3328	247	2	at	at	ADP
ajeer-3328	247	3	:	:	PUNCT
ajeer-3328	247	4	https://doi.org/10.1016/j.physa.2019.01.015	https://doi.org/10.1016/j.physa.2019.01.015	PROPN
ajeer-3328	247	5	.	.	PUNCT
ajeer-3328	248	1	thalassinos	thalassinos	PROPN
ajeer-3328	248	2	,	,	PUNCT
ajeer-3328	248	3	e.	e.	PROPN
ajeer-3328	248	4	i.	i.	PROPN
ajeer-3328	248	5	,	,	PUNCT
ajeer-3328	248	6	hanias	hania	NOUN
ajeer-3328	248	7	,	,	PUNCT
ajeer-3328	248	8	m.	m.	NOUN
ajeer-3328	248	9	p.	p.	PROPN
ajeer-3328	248	10	,	,	PUNCT
ajeer-3328	248	11	curtis	curtis	PROPN
ajeer-3328	248	12	,	,	PUNCT
ajeer-3328	248	13	p.	p.	PROPN
ajeer-3328	248	14	g.	g.	PROPN
ajeer-3328	248	15	,	,	PUNCT
ajeer-3328	248	16	&	&	CCONJ
ajeer-3328	248	17	thalassinos	thalassinos	PROPN
ajeer-3328	248	18	,	,	PUNCT
ajeer-3328	248	19	j.	j.	PROPN
ajeer-3328	248	20	e.	e.	PROPN
ajeer-3328	248	21	(	(	PUNCT
ajeer-3328	248	22	2013	2013	NUM
ajeer-3328	248	23	)	)	PUNCT
ajeer-3328	248	24	.	.	PUNCT
ajeer-3328	249	1	forecasting	forecast	VERB
ajeer-3328	249	2	financial	financial	ADJ
ajeer-3328	249	3	indices	index	NOUN
ajeer-3328	249	4	:	:	PUNCT
ajeer-3328	249	5	the	the	DET
ajeer-3328	249	6	baltic	baltic	ADJ
ajeer-3328	249	7	dry	dry	ADJ
ajeer-3328	249	8	indices	index	NOUN
ajeer-3328	249	9	.	.	PUNCT
ajeer-3328	250	1	international	international	ADJ
ajeer-3328	250	2	journal	journal	PROPN
ajeer-3328	250	3	of	of	ADP
ajeer-3328	250	4	maritime	maritime	ADJ
ajeer-3328	250	5	,	,	PUNCT
ajeer-3328	250	6	trade	trade	NOUN
ajeer-3328	250	7	&	&	CCONJ
ajeer-3328	250	8	economic	economic	ADJ
ajeer-3328	250	9	issues	issue	NOUN
ajeer-3328	250	10	,	,	PUNCT
ajeer-3328	250	11	1(1	1(1	NUM
ajeer-3328	250	12	)	)	PUNCT
ajeer-3328	250	13	,	,	PUNCT
ajeer-3328	250	14	109	109	NUM
ajeer-3328	250	15	-	-	SYM
ajeer-3328	250	16	130	130	NUM
ajeer-3328	250	17	.	.	PUNCT
ajeer-3328	251	1	tsioumas	tsiouma	NOUN
ajeer-3328	251	2	,	,	PUNCT
ajeer-3328	251	3	v.	v.	ADV
ajeer-3328	251	4	,	,	PUNCT
ajeer-3328	251	5	&	&	CCONJ
ajeer-3328	251	6	papadimitriou	papadimitriou	PROPN
ajeer-3328	251	7	,	,	PUNCT
ajeer-3328	251	8	s.	s.	PROPN
ajeer-3328	251	9	(	(	PUNCT
ajeer-3328	251	10	2015	2015	NUM
ajeer-3328	251	11	)	)	PUNCT
ajeer-3328	251	12	.	.	PUNCT
ajeer-3328	252	1	chinese	chinese	ADJ
ajeer-3328	252	2	steel	steel	NOUN
ajeer-3328	252	3	production	production	NOUN
ajeer-3328	252	4	and	and	CCONJ
ajeer-3328	252	5	shipping	shipping	NOUN
ajeer-3328	252	6	freight	freight	NOUN
ajeer-3328	252	7	markets	market	NOUN
ajeer-3328	252	8	:	:	PUNCT
ajeer-3328	252	9	a	a	DET
ajeer-3328	252	10	causality	causality	NOUN
ajeer-3328	252	11	analysis	analysis	NOUN
ajeer-3328	252	12	.	.	PUNCT
ajeer-3328	253	1	international	international	ADJ
ajeer-3328	253	2	journal	journal	NOUN
ajeer-3328	253	3	of	of	ADP
ajeer-3328	253	4	business	business	NOUN
ajeer-3328	253	5	and	and	CCONJ
ajeer-3328	253	6	economic	economic	ADJ
ajeer-3328	253	7	development	development	NOUN
ajeer-3328	253	8	,	,	PUNCT
ajeer-3328	253	9	3(2	3(2	NUM
ajeer-3328	253	10	)	)	PUNCT
ajeer-3328	253	11	,	,	PUNCT
ajeer-3328	253	12	116	116	NUM
ajeer-3328	253	13	-	-	SYM
ajeer-3328	253	14	124	124	NUM
ajeer-3328	253	15	.	.	PUNCT
ajeer-3328	254	1	tsioumas	tsiouma	NOUN
ajeer-3328	254	2	,	,	PUNCT
ajeer-3328	254	3	v.	v.	ADV
ajeer-3328	254	4	,	,	PUNCT
ajeer-3328	254	5	&	&	CCONJ
ajeer-3328	254	6	papadimitriou	papadimitriou	PROPN
ajeer-3328	254	7	,	,	PUNCT
ajeer-3328	254	8	s.	s.	PROPN
ajeer-3328	254	9	(	(	PUNCT
ajeer-3328	254	10	2016	2016	NUM
ajeer-3328	254	11	)	)	PUNCT
ajeer-3328	254	12	.	.	PUNCT
ajeer-3328	255	1	the	the	DET
ajeer-3328	255	2	dynamic	dynamic	ADJ
ajeer-3328	255	3	relationship	relationship	NOUN
ajeer-3328	255	4	between	between	ADP
ajeer-3328	255	5	freight	freight	NOUN
ajeer-3328	255	6	markets	market	NOUN
ajeer-3328	255	7	and	and	CCONJ
ajeer-3328	255	8	commodity	commodity	NOUN
ajeer-3328	255	9	prices	price	NOUN
ajeer-3328	255	10	revealed	reveal	VERB
ajeer-3328	255	11	.	.	PUNCT
ajeer-3328	256	1	maritime	maritime	ADJ
ajeer-3328	256	2	economics	economics	PROPN
ajeer-3328	256	3	&	&	CCONJ
ajeer-3328	256	4	logistics	logistic	NOUN
ajeer-3328	256	5	,	,	PUNCT
ajeer-3328	256	6	20(2	20(2	NUM
ajeer-3328	256	7	)	)	PUNCT
ajeer-3328	256	8	,	,	PUNCT
ajeer-3328	256	9	267	267	NUM
ajeer-3328	256	10	-	-	SYM
ajeer-3328	256	11	279	279	NUM
ajeer-3328	256	12	.	.	PUNCT
ajeer-3328	257	1	tsioumas	tsiouma	NOUN
ajeer-3328	257	2	,	,	PUNCT
ajeer-3328	257	3	v.	v.	ADV
ajeer-3328	257	4	,	,	PUNCT
ajeer-3328	257	5	papadimitriou	papadimitriou	NOUN
ajeer-3328	257	6	,	,	PUNCT
ajeer-3328	257	7	s.	s.	PROPN
ajeer-3328	257	8	,	,	PUNCT
ajeer-3328	257	9	smirlis	smirlis	PROPN
ajeer-3328	257	10	,	,	PUNCT
ajeer-3328	257	11	y.	y.	PROPN
ajeer-3328	257	12	,	,	PUNCT
ajeer-3328	257	13	&	&	CCONJ
ajeer-3328	257	14	zahran	zahran	PROPN
ajeer-3328	257	15	,	,	PUNCT
ajeer-3328	257	16	s.	s.	PROPN
ajeer-3328	257	17	z.	z.	PROPN
ajeer-3328	257	18	(	(	PUNCT
ajeer-3328	257	19	2017	2017	NUM
ajeer-3328	257	20	)	)	PUNCT
ajeer-3328	257	21	.	.	PUNCT
ajeer-3328	258	1	a	a	DET
ajeer-3328	258	2	novel	novel	ADJ
ajeer-3328	258	3	approach	approach	NOUN
ajeer-3328	258	4	to	to	ADP
ajeer-3328	258	5	forecasting	forecast	VERB
ajeer-3328	258	6	the	the	DET
ajeer-3328	258	7	bulk	bulk	ADJ
ajeer-3328	258	8	freight	freight	NOUN
ajeer-3328	258	9	market	market	NOUN
ajeer-3328	258	10	.	.	PUNCT
ajeer-3328	259	1	the	the	DET
ajeer-3328	259	2	asian	asian	ADJ
ajeer-3328	259	3	journal	journal	NOUN
ajeer-3328	259	4	of	of	ADP
ajeer-3328	259	5	shipping	shipping	NOUN
ajeer-3328	259	6	and	and	CCONJ
ajeer-3328	259	7	logistics	logistic	NOUN
ajeer-3328	259	8	,	,	PUNCT
ajeer-3328	259	9	33(1	33(1	NUM
ajeer-3328	259	10	)	)	PUNCT
ajeer-3328	259	11	,	,	PUNCT
ajeer-3328	259	12	33	33	NUM
ajeer-3328	259	13	-	-	SYM
ajeer-3328	259	14	41	41	NUM
ajeer-3328	259	15	.	.	PUNCT
ajeer-3328	259	16	available	available	ADJ
ajeer-3328	259	17	at	at	ADP
ajeer-3328	259	18	:	:	PUNCT
ajeer-3328	259	19	https://doi.org/10.1016/j.ajsl.2017.03.005	https://doi.org/10.1016/j.ajsl.2017.03.005	PROPN
ajeer-3328	259	20	.	.	PUNCT
ajeer-3328	259	21	unctad	unctad	PROPN
ajeer-3328	259	22	.	.	PUNCT
ajeer-3328	260	1	(	(	PUNCT
ajeer-3328	260	2	2009	2009	NUM
ajeer-3328	260	3	)	)	PUNCT
ajeer-3328	260	4	.	.	PUNCT
ajeer-3328	261	1	the	the	DET
ajeer-3328	261	2	global	global	ADJ
ajeer-3328	261	3	economic	economic	ADJ
ajeer-3328	261	4	crisis	crisis	NOUN
ajeer-3328	261	5	:	:	PUNCT
ajeer-3328	261	6	systemic	systemic	ADJ
ajeer-3328	261	7	failures	failure	NOUN
ajeer-3328	261	8	and	and	CCONJ
ajeer-3328	261	9	multilateral	multilateral	ADJ
ajeer-3328	261	10	remedies	remedy	NOUN
ajeer-3328	261	11	.	.	PUNCT
ajeer-3328	262	1	united	united	PROPN
ajeer-3328	262	2	nations	nations	PROPN
ajeer-3328	262	3	publication	publication	NOUN
ajeer-3328	262	4	:	:	PUNCT
ajeer-3328	262	5	new	new	PROPN
ajeer-3328	262	6	york	york	PROPN
ajeer-3328	262	7	and	and	CCONJ
ajeer-3328	262	8	geneva	geneva	PROPN
ajeer-3328	262	9	.	.	PUNCT
ajeer-3328	263	1	wooldridge	wooldridge	PROPN
ajeer-3328	263	2	,	,	PUNCT
ajeer-3328	263	3	j.	j.	PROPN
ajeer-3328	263	4	,	,	PUNCT
ajeer-3328	263	5	m.	m.	NOUN
ajeer-3328	263	6	(	(	PUNCT
ajeer-3328	263	7	2003	2003	NUM
ajeer-3328	263	8	)	)	PUNCT
ajeer-3328	263	9	.	.	PUNCT
ajeer-3328	264	1	introductory	introductory	ADJ
ajeer-3328	264	2	econometrics	econometrics	PROPN
ajeer-3328	264	3	:	:	PUNCT
ajeer-3328	264	4	a	a	DET
ajeer-3328	264	5	modern	modern	ADJ
ajeer-3328	264	6	approach	approach	NOUN
ajeer-3328	264	7	(	(	PUNCT
ajeer-3328	264	8	4th	4th	ADJ
ajeer-3328	264	9	ed	ed	NOUN
ajeer-3328	264	10	.	.	PUNCT
ajeer-3328	264	11	)	)	PUNCT
ajeer-3328	264	12	.	.	PUNCT
ajeer-3328	265	1	mason	mason	PROPN
ajeer-3328	265	2	,	,	PUNCT
ajeer-3328	265	3	ohio	ohio	PROPN
ajeer-3328	265	4	:	:	PUNCT
ajeer-3328	265	5	south	south	ADJ
ajeer-3328	265	6	-	-	PUNCT
ajeer-3328	265	7	western	western	PROPN
ajeer-3328	265	8	cengage	cengage	PROPN
ajeer-3328	265	9	learning	learning	NOUN
ajeer-3328	265	10	.	.	PUNCT
ajeer-3328	266	1	zeng	zeng	PROPN
ajeer-3328	266	2	,	,	PUNCT
ajeer-3328	266	3	q.	q.	PROPN
ajeer-3328	266	4	,	,	PUNCT
ajeer-3328	266	5	qu	qu	PROPN
ajeer-3328	266	6	,	,	PUNCT
ajeer-3328	266	7	c.	c.	PROPN
ajeer-3328	266	8	,	,	PUNCT
ajeer-3328	266	9	ng	ng	PROPN
ajeer-3328	266	10	,	,	PUNCT
ajeer-3328	266	11	a.	a.	PROPN
ajeer-3328	266	12	k.	k.	PROPN
ajeer-3328	266	13	,	,	PUNCT
ajeer-3328	266	14	&	&	CCONJ
ajeer-3328	266	15	zhao	zhao	PROPN
ajeer-3328	266	16	,	,	PUNCT
ajeer-3328	266	17	x.	x.	NOUN
ajeer-3328	266	18	(	(	PUNCT
ajeer-3328	266	19	2016	2016	NUM
ajeer-3328	266	20	)	)	PUNCT
ajeer-3328	266	21	.	.	PUNCT
ajeer-3328	267	1	a	a	DET
ajeer-3328	267	2	new	new	ADJ
ajeer-3328	267	3	approach	approach	NOUN
ajeer-3328	267	4	for	for	ADP
ajeer-3328	267	5	baltic	baltic	ADJ
ajeer-3328	267	6	dry	dry	ADJ
ajeer-3328	267	7	index	index	NOUN
ajeer-3328	267	8	forecasting	forecasting	NOUN
ajeer-3328	267	9	based	base	VERB
ajeer-3328	267	10	on	on	ADP
ajeer-3328	267	11	empirical	empirical	ADJ
ajeer-3328	267	12	mode	mode	NOUN
ajeer-3328	267	13	decomposition	decomposition	NOUN
ajeer-3328	267	14	and	and	CCONJ
ajeer-3328	267	15	neural	neural	ADJ
ajeer-3328	267	16	networks	network	NOUN
ajeer-3328	267	17	.	.	PUNCT
ajeer-3328	268	1	maritime	maritime	ADJ
ajeer-3328	268	2	economics	economics	PROPN
ajeer-3328	268	3	&	&	CCONJ
ajeer-3328	268	4	logistics	logistic	NOUN
ajeer-3328	268	5	,	,	PUNCT
ajeer-3328	268	6	18(2	18(2	NUM
ajeer-3328	268	7	)	)	PUNCT
ajeer-3328	268	8	,	,	PUNCT
ajeer-3328	268	9	192	192	NUM
ajeer-3328	268	10	-	-	SYM
ajeer-3328	268	11	210	210	NUM
ajeer-3328	268	12	.	.	PUNCT
ajeer-3328	268	13	available	available	ADJ
ajeer-3328	268	14	at	at	ADP
ajeer-3328	268	15	:	:	PUNCT
ajeer-3328	268	16	https://doi.org/10.1057/mel.2015.2	https://doi.org/10.1057/mel.2015.2	PROPN
ajeer-3328	268	17	.	.	PUNCT
ajeer-3328	269	1	asian	asian	ADJ
ajeer-3328	269	2	online	online	PROPN
ajeer-3328	269	3	journal	journal	PROPN
ajeer-3328	269	4	publishing	publishing	NOUN
ajeer-3328	269	5	group	group	NOUN
ajeer-3328	269	6	is	be	AUX
ajeer-3328	269	7	not	not	PART
ajeer-3328	269	8	responsible	responsible	ADJ
ajeer-3328	269	9	or	or	CCONJ
ajeer-3328	269	10	answerable	answerable	ADJ
ajeer-3328	269	11	for	for	ADP
ajeer-3328	269	12	any	any	DET
ajeer-3328	269	13	loss	loss	NOUN
ajeer-3328	269	14	,	,	PUNCT
ajeer-3328	269	15	damage	damage	NOUN
ajeer-3328	269	16	or	or	CCONJ
ajeer-3328	269	17	liability	liability	NOUN
ajeer-3328	269	18	,	,	PUNCT
ajeer-3328	269	19	etc	etc	X
ajeer-3328	269	20	.	.	X
ajeer-3328	269	21	caused	cause	VERB
ajeer-3328	269	22	in	in	ADP
ajeer-3328	269	23	relation	relation	NOUN
ajeer-3328	269	24	to	to	PART
ajeer-3328	269	25	/	/	PUNCT
ajeer-3328	269	26	arising	arise	VERB
ajeer-3328	269	27	out	out	ADP
ajeer-3328	269	28	of	of	ADP
ajeer-3328	269	29	the	the	DET
ajeer-3328	269	30	use	use	NOUN
ajeer-3328	269	31	of	of	ADP
ajeer-3328	269	32	the	the	DET
ajeer-3328	269	33	content	content	NOUN
ajeer-3328	269	34	.	.	PUNCT
ajeer-3328	270	1	any	any	DET
ajeer-3328	270	2	queries	query	NOUN
ajeer-3328	270	3	should	should	AUX
ajeer-3328	270	4	be	be	AUX
ajeer-3328	270	5	directed	direct	VERB
ajeer-3328	270	6	to	to	ADP
ajeer-3328	270	7	the	the	DET
ajeer-3328	270	8	corresponding	corresponding	ADJ
ajeer-3328	270	9	author	author	NOUN
ajeer-3328	270	10	of	of	ADP
ajeer-3328	270	11	the	the	DET
ajeer-3328	270	12	article	article	NOUN
ajeer-3328	270	13	.	.	PUNCT