id	sid	tid	token	lemma	pos
ajfa-6244	1	1	microsoft	microsoft	PROPN
ajfa-6244	1	2	word	word	PROPN
ajfa-6244	1	3	6244	6244	NUM
ajfa-6244	1	4	-	-	SYM
ajfa-6244	1	5	23011	23011	NUM
ajfa-6244	1	6	-	-	PUNCT
ajfa-6244	1	7	1	1	NUM
ajfa-6244	1	8	-	-	PUNCT
ajfa-6244	1	9	sp	sp	NOUN
ajfa-6244	1	10	-	-	PUNCT
ajfa-6244	1	11	writer2	writer2	NOUN
ajfa-6244	1	12	-	-	ADJ
ajfa-6244	1	13	new	new	ADJ
ajfa-6244	1	14	asian	asian	ADJ
ajfa-6244	1	15	journal	journal	NOUN
ajfa-6244	1	16	of	of	ADP
ajfa-6244	1	17	finance	finance	PROPN
ajfa-6244	1	18	&	&	CCONJ
ajfa-6244	1	19	accounting	accounting	PROPN
ajfa-6244	1	20	issn	issn	PROPN
ajfa-6244	1	21	1946	1946	NUM
ajfa-6244	1	22	-	-	PUNCT
ajfa-6244	1	23	052x	052x	PROPN
ajfa-6244	1	24	2014	2014	NUM
ajfa-6244	1	25	,	,	PUNCT
ajfa-6244	1	26	vol	vol	NOUN
ajfa-6244	1	27	.	.	PROPN
ajfa-6244	1	28	6	6	NUM
ajfa-6244	1	29	,	,	PUNCT
ajfa-6244	1	30	no	no	INTJ
ajfa-6244	1	31	.	.	NOUN
ajfa-6244	1	32	2	2	NUM
ajfa-6244	1	33	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	1	34	469	469	NUM
ajfa-6244	1	35	determinants	determinant	NOUN
ajfa-6244	1	36	of	of	ADP
ajfa-6244	1	37	operational	operational	ADJ
ajfa-6244	1	38	efficiency	efficiency	NOUN
ajfa-6244	1	39	in	in	ADP
ajfa-6244	1	40	asian	asian	ADJ
ajfa-6244	1	41	banking	banking	NOUN
ajfa-6244	1	42	:	:	PUNCT
ajfa-6244	1	43	a	a	DET
ajfa-6244	1	44	two	two	NUM
ajfa-6244	1	45	-	-	PUNCT
ajfa-6244	1	46	stage	stage	NOUN
ajfa-6244	1	47	banking	banking	NOUN
ajfa-6244	1	48	model	model	NOUN
ajfa-6244	1	49	analysis	analysis	NOUN
ajfa-6244	1	50	jonchi	jonchi	PROPN
ajfa-6244	1	51	shyu	shyu	PROPN
ajfa-6244	1	52	dept	dept	PROPN
ajfa-6244	1	53	.	.	PROPN
ajfa-6244	1	54	of	of	ADP
ajfa-6244	1	55	business	business	PROPN
ajfa-6244	1	56	administration	administration	PROPN
ajfa-6244	1	57	,	,	PUNCT
ajfa-6244	1	58	national	national	PROPN
ajfa-6244	1	59	taiwan	taiwan	PROPN
ajfa-6244	1	60	university	university	PROPN
ajfa-6244	1	61	of	of	ADP
ajfa-6244	1	62	science	science	NOUN
ajfa-6244	1	63	and	and	CCONJ
ajfa-6244	1	64	technology	technology	NOUN
ajfa-6244	1	65	43	43	NUM
ajfa-6244	1	66	,	,	PUNCT
ajfa-6244	1	67	sec	sec	PROPN
ajfa-6244	1	68	.	.	PROPN
ajfa-6244	1	69	4	4	NUM
ajfa-6244	1	70	,	,	PUNCT
ajfa-6244	1	71	keelung	keelung	PROPN
ajfa-6244	1	72	rd	rd	PROPN
ajfa-6244	1	73	.	.	PROPN
ajfa-6244	1	74	,	,	PUNCT
ajfa-6244	1	75	da’an	da’an	NOUN
ajfa-6244	1	76	dist	dist	NOUN
ajfa-6244	1	77	.	.	PUNCT
ajfa-6244	2	1	,	,	PUNCT
ajfa-6244	2	2	taipei	taipei	PROPN
ajfa-6244	2	3	106	106	NUM
ajfa-6244	2	4	,	,	PUNCT
ajfa-6244	2	5	taiwan	taiwan	PROPN
ajfa-6244	2	6	e	e	PROPN
ajfa-6244	2	7	-	-	NOUN
ajfa-6244	2	8	mail	mail	NOUN
ajfa-6244	2	9	:	:	PUNCT
ajfa-6244	2	10	jonchi.shyu@msa.hinet.net	jonchi.shyu@msa.hinet.net	PROPN
ajfa-6244	2	11	jia	jia	PROPN
ajfa-6244	2	12	-	-	PUNCT
ajfa-6244	2	13	chi	chi	PROPN
ajfa-6244	2	14	lin	lin	PROPN
ajfa-6244	2	15	dept	dept	PROPN
ajfa-6244	2	16	.	.	PROPN
ajfa-6244	2	17	of	of	ADP
ajfa-6244	2	18	fashion	fashion	PROPN
ajfa-6244	2	19	administration	administration	NOUN
ajfa-6244	2	20	&	&	CCONJ
ajfa-6244	2	21	management	management	PROPN
ajfa-6244	2	22	,	,	PUNCT
ajfa-6244	2	23	st	st	PROPN
ajfa-6244	2	24	.	.	PROPN
ajfa-6244	2	25	john	john	PROPN
ajfa-6244	2	26	’s	’s	PROPN
ajfa-6244	2	27	university	university	PROPN
ajfa-6244	2	28	499	499	NUM
ajfa-6244	2	29	,	,	PUNCT
ajfa-6244	2	30	section	section	NOUN
ajfa-6244	2	31	4	4	NUM
ajfa-6244	2	32	,	,	PUNCT
ajfa-6244	2	33	tam	tam	NOUN
ajfa-6244	2	34	-	-	NOUN
ajfa-6244	2	35	king	king	NOUN
ajfa-6244	2	36	road	road	NOUN
ajfa-6244	2	37	,	,	PUNCT
ajfa-6244	2	38	tamsui	tamsui	PROPN
ajfa-6244	2	39	,	,	PUNCT
ajfa-6244	2	40	taipei	taipei	PROPN
ajfa-6244	2	41	25135	25135	NUM
ajfa-6244	2	42	,	,	PUNCT
ajfa-6244	2	43	taiwan	taiwan	PROPN
ajfa-6244	2	44	e	e	PROPN
ajfa-6244	2	45	-	-	NOUN
ajfa-6244	2	46	mail	mail	NOUN
ajfa-6244	2	47	:	:	PUNCT
ajfa-6244	2	48	serena@mail.sju.edu.tw	serena@mail.sju.edu.tw	PROPN
ajfa-6244	2	49	chen	chen	PROPN
ajfa-6244	2	50	-	-	PUNCT
ajfa-6244	2	51	kuang	kuang	PROPN
ajfa-6244	2	52	wu	wu	PROPN
ajfa-6244	2	53	dept	dept	PROPN
ajfa-6244	2	54	.	.	PROPN
ajfa-6244	2	55	of	of	ADP
ajfa-6244	2	56	business	business	PROPN
ajfa-6244	2	57	administration	administration	PROPN
ajfa-6244	2	58	national	national	PROPN
ajfa-6244	2	59	taiwan	taiwan	PROPN
ajfa-6244	2	60	university	university	PROPN
ajfa-6244	2	61	of	of	ADP
ajfa-6244	2	62	science	science	NOUN
ajfa-6244	2	63	and	and	CCONJ
ajfa-6244	2	64	technology	technology	NOUN
ajfa-6244	2	65	43	43	NUM
ajfa-6244	2	66	,	,	PUNCT
ajfa-6244	2	67	sec	sec	PROPN
ajfa-6244	2	68	.	.	PROPN
ajfa-6244	2	69	4	4	NUM
ajfa-6244	2	70	,	,	PUNCT
ajfa-6244	2	71	keelung	keelung	PROPN
ajfa-6244	2	72	rd	rd	PROPN
ajfa-6244	2	73	.	.	PROPN
ajfa-6244	2	74	,	,	PUNCT
ajfa-6244	2	75	da’an	da’an	NOUN
ajfa-6244	2	76	dist	dist	NOUN
ajfa-6244	2	77	.	.	PUNCT
ajfa-6244	3	1	,	,	PUNCT
ajfa-6244	3	2	taipei	taipei	PROPN
ajfa-6244	3	3	106	106	NUM
ajfa-6244	3	4	,	,	PUNCT
ajfa-6244	3	5	taiwan	taiwan	PROPN
ajfa-6244	3	6	e	e	PROPN
ajfa-6244	3	7	-	-	NOUN
ajfa-6244	3	8	mail	mail	NOUN
ajfa-6244	3	9	:	:	PUNCT
ajfa-6244	3	10	wch322@ms16.hinet.net	wch322@ms16.hinet.net	NOUN
ajfa-6244	3	11	received	receive	VERB
ajfa-6244	3	12	:	:	PUNCT
ajfa-6244	3	13	august	august	PROPN
ajfa-6244	3	14	30	30	NUM
ajfa-6244	3	15	,	,	PUNCT
ajfa-6244	3	16	2014	2014	NUM
ajfa-6244	3	17	accepted	accept	VERB
ajfa-6244	3	18	:	:	PUNCT
ajfa-6244	3	19	dec	dec	PROPN
ajfa-6244	3	20	.	.	PROPN
ajfa-6244	3	21	21	21	NUM
ajfa-6244	3	22	,	,	PUNCT
ajfa-6244	3	23	2014	2014	NUM
ajfa-6244	3	24	published	publish	VERB
ajfa-6244	3	25	:	:	PUNCT
ajfa-6244	3	26	december	december	PROPN
ajfa-6244	3	27	21	21	NUM
ajfa-6244	3	28	,	,	PUNCT
ajfa-6244	3	29	2014	2014	NUM
ajfa-6244	3	30	doi:10.5296	doi:10.5296	NOUN
ajfa-6244	3	31	/	/	SYM
ajfa-6244	3	32	ajfa.v6i2.6244	ajfa.v6i2.6244	NOUN
ajfa-6244	3	33	url	url	PROPN
ajfa-6244	3	34	:	:	PUNCT
ajfa-6244	3	35	http://dx.doi.org/10.5296/ajfa.v6i2.6244	http://dx.doi.org/10.5296/ajfa.v6i2.6244	PROPN
ajfa-6244	4	1	abstract	abstract	VERB
ajfa-6244	4	2	this	this	DET
ajfa-6244	4	3	paper	paper	NOUN
ajfa-6244	4	4	applies	apply	VERB
ajfa-6244	4	5	a	a	DET
ajfa-6244	4	6	two	two	NUM
ajfa-6244	4	7	-	-	PUNCT
ajfa-6244	4	8	stage	stage	NOUN
ajfa-6244	4	9	banking	banking	NOUN
ajfa-6244	4	10	model	model	NOUN
ajfa-6244	4	11	to	to	PART
ajfa-6244	4	12	analyze	analyze	VERB
ajfa-6244	4	13	the	the	DET
ajfa-6244	4	14	operational	operational	ADJ
ajfa-6244	4	15	efficiency	efficiency	NOUN
ajfa-6244	4	16	of	of	ADP
ajfa-6244	4	17	137	137	NUM
ajfa-6244	4	18	asian	asian	ADJ
ajfa-6244	4	19	banks	bank	NOUN
ajfa-6244	4	20	.	.	PUNCT
ajfa-6244	5	1	tobit	tobit	NOUN
ajfa-6244	5	2	regression	regression	NOUN
ajfa-6244	5	3	model	model	NOUN
ajfa-6244	5	4	is	be	AUX
ajfa-6244	5	5	also	also	ADV
ajfa-6244	5	6	used	use	VERB
ajfa-6244	5	7	to	to	PART
ajfa-6244	5	8	investigate	investigate	VERB
ajfa-6244	5	9	the	the	DET
ajfa-6244	5	10	effect	effect	NOUN
ajfa-6244	5	11	under	under	ADP
ajfa-6244	5	12	the	the	DET
ajfa-6244	5	13	different	different	ADJ
ajfa-6244	5	14	operating	operating	NOUN
ajfa-6244	5	15	environment	environment	NOUN
ajfa-6244	5	16	and	and	CCONJ
ajfa-6244	5	17	the	the	DET
ajfa-6244	5	18	characteristics	characteristic	NOUN
ajfa-6244	5	19	of	of	ADP
ajfa-6244	5	20	banks	bank	NOUN
ajfa-6244	5	21	on	on	ADP
ajfa-6244	5	22	banking	banking	NOUN
ajfa-6244	5	23	efficiency	efficiency	NOUN
ajfa-6244	5	24	.	.	PUNCT
ajfa-6244	6	1	the	the	DET
ajfa-6244	6	2	empirical	empirical	ADJ
ajfa-6244	6	3	results	result	NOUN
ajfa-6244	6	4	show	show	VERB
ajfa-6244	6	5	that	that	SCONJ
ajfa-6244	6	6	technical	technical	ADJ
ajfa-6244	6	7	inefficiency	inefficiency	NOUN
ajfa-6244	6	8	in	in	ADP
ajfa-6244	6	9	the	the	DET
ajfa-6244	6	10	production	production	NOUN
ajfa-6244	6	11	stage	stage	NOUN
ajfa-6244	6	12	for	for	ADP
ajfa-6244	6	13	all	all	DET
ajfa-6244	6	14	the	the	DET
ajfa-6244	6	15	asian	asian	ADJ
ajfa-6244	6	16	banks	bank	NOUN
ajfa-6244	6	17	is	be	AUX
ajfa-6244	6	18	caused	cause	VERB
ajfa-6244	6	19	by	by	ADP
ajfa-6244	6	20	pure	pure	ADJ
ajfa-6244	6	21	technical	technical	ADJ
ajfa-6244	6	22	inefficiency	inefficiency	NOUN
ajfa-6244	6	23	.	.	PUNCT
ajfa-6244	7	1	in	in	ADP
ajfa-6244	7	2	the	the	DET
ajfa-6244	7	3	intermediary	intermediary	ADJ
ajfa-6244	7	4	stage	stage	NOUN
ajfa-6244	7	5	,	,	PUNCT
ajfa-6244	7	6	the	the	DET
ajfa-6244	7	7	banks	bank	NOUN
ajfa-6244	7	8	’	’	PART
ajfa-6244	7	9	technical	technical	ADJ
ajfa-6244	7	10	inefficiencies	inefficiency	NOUN
ajfa-6244	7	11	in	in	ADP
ajfa-6244	7	12	china	china	PROPN
ajfa-6244	7	13	,	,	PUNCT
ajfa-6244	7	14	taiwan	taiwan	PROPN
ajfa-6244	7	15	,	,	PUNCT
ajfa-6244	7	16	and	and	CCONJ
ajfa-6244	7	17	south	south	PROPN
ajfa-6244	7	18	korea	korea	PROPN
ajfa-6244	7	19	are	be	AUX
ajfa-6244	7	20	mainly	mainly	ADV
ajfa-6244	7	21	caused	cause	VERB
ajfa-6244	7	22	by	by	ADP
ajfa-6244	7	23	pure	pure	ADJ
ajfa-6244	7	24	technical	technical	ADJ
ajfa-6244	7	25	inefficiency	inefficiency	NOUN
ajfa-6244	7	26	,	,	PUNCT
ajfa-6244	7	27	whereas	whereas	SCONJ
ajfa-6244	7	28	in	in	ADP
ajfa-6244	7	29	hong	hong	PROPN
ajfa-6244	7	30	kong	kong	PROPN
ajfa-6244	7	31	,	,	PUNCT
ajfa-6244	7	32	malaysia	malaysia	PROPN
ajfa-6244	7	33	,	,	PUNCT
ajfa-6244	7	34	thailand	thailand	PROPN
ajfa-6244	7	35	,	,	PUNCT
ajfa-6244	7	36	singapore	singapore	PROPN
ajfa-6244	7	37	and	and	CCONJ
ajfa-6244	7	38	philippines	philippine	NOUN
ajfa-6244	7	39	,	,	PUNCT
ajfa-6244	7	40	it	it	PRON
ajfa-6244	7	41	is	be	AUX
ajfa-6244	7	42	caused	cause	VERB
ajfa-6244	7	43	by	by	ADP
ajfa-6244	7	44	scale	scale	NOUN
ajfa-6244	7	45	inefficiency	inefficiency	NOUN
ajfa-6244	7	46	.	.	PUNCT
ajfa-6244	8	1	from	from	ADP
ajfa-6244	8	2	the	the	DET
ajfa-6244	8	3	policy	policy	NOUN
ajfa-6244	8	4	perspective	perspective	NOUN
ajfa-6244	8	5	,	,	PUNCT
ajfa-6244	8	6	this	this	DET
ajfa-6244	8	7	study	study	NOUN
ajfa-6244	8	8	can	can	AUX
ajfa-6244	8	9	help	help	VERB
ajfa-6244	8	10	asian	asian	ADJ
ajfa-6244	8	11	banks	bank	NOUN
ajfa-6244	8	12	asian	asian	ADJ
ajfa-6244	8	13	journal	journal	PROPN
ajfa-6244	8	14	of	of	ADP
ajfa-6244	8	15	finance	finance	PROPN
ajfa-6244	8	16	&	&	CCONJ
ajfa-6244	8	17	accounting	accounting	PROPN
ajfa-6244	8	18	issn	issn	PROPN
ajfa-6244	8	19	1946	1946	NUM
ajfa-6244	8	20	-	-	PUNCT
ajfa-6244	8	21	052x	052x	PROPN
ajfa-6244	8	22	2014	2014	NUM
ajfa-6244	8	23	,	,	PUNCT
ajfa-6244	8	24	vol	vol	NOUN
ajfa-6244	8	25	.	.	PROPN
ajfa-6244	8	26	6	6	NUM
ajfa-6244	8	27	,	,	PUNCT
ajfa-6244	8	28	no	no	INTJ
ajfa-6244	8	29	.	.	NOUN
ajfa-6244	8	30	2	2	NUM
ajfa-6244	8	31	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	8	32	470	470	NUM
ajfa-6244	8	33	recognize	recognize	VERB
ajfa-6244	8	34	whether	whether	SCONJ
ajfa-6244	8	35	their	their	PRON
ajfa-6244	8	36	competition	competition	NOUN
ajfa-6244	8	37	edges	edge	NOUN
ajfa-6244	8	38	lie	lie	VERB
ajfa-6244	8	39	in	in	ADP
ajfa-6244	8	40	acting	act	VERB
ajfa-6244	8	41	more	more	ADV
ajfa-6244	8	42	as	as	ADP
ajfa-6244	8	43	a	a	DET
ajfa-6244	8	44	producer	producer	NOUN
ajfa-6244	8	45	or	or	CCONJ
ajfa-6244	8	46	an	an	DET
ajfa-6244	8	47	intermediary	intermediary	NOUN
ajfa-6244	8	48	.	.	PUNCT
ajfa-6244	9	1	the	the	DET
ajfa-6244	9	2	findings	finding	NOUN
ajfa-6244	9	3	can	can	AUX
ajfa-6244	9	4	also	also	ADV
ajfa-6244	9	5	provide	provide	VERB
ajfa-6244	9	6	important	important	ADJ
ajfa-6244	9	7	references	reference	NOUN
ajfa-6244	9	8	for	for	ADP
ajfa-6244	9	9	banks	bank	NOUN
ajfa-6244	9	10	in	in	ADP
ajfa-6244	9	11	asian	asian	ADJ
ajfa-6244	9	12	countries	country	NOUN
ajfa-6244	9	13	to	to	PART
ajfa-6244	9	14	deliberate	deliberate	VERB
ajfa-6244	9	15	upon	upon	SCONJ
ajfa-6244	9	16	the	the	DET
ajfa-6244	9	17	capacities	capacity	NOUN
ajfa-6244	9	18	and	and	CCONJ
ajfa-6244	9	19	niche	niche	NOUN
ajfa-6244	9	20	in	in	ADP
ajfa-6244	9	21	order	order	NOUN
ajfa-6244	9	22	to	to	PART
ajfa-6244	9	23	improve	improve	VERB
ajfa-6244	9	24	their	their	PRON
ajfa-6244	9	25	competitive	competitive	ADJ
ajfa-6244	9	26	position	position	NOUN
ajfa-6244	9	27	in	in	ADP
ajfa-6244	9	28	the	the	DET
ajfa-6244	9	29	financial	financial	ADJ
ajfa-6244	9	30	market	market	NOUN
ajfa-6244	9	31	.	.	PUNCT
ajfa-6244	10	1	keywords	keyword	NOUN
ajfa-6244	10	2	:	:	PUNCT
ajfa-6244	10	3	two	two	NUM
ajfa-6244	10	4	-	-	PUNCT
ajfa-6244	10	5	stage	stage	NOUN
ajfa-6244	10	6	banking	banking	NOUN
ajfa-6244	10	7	model	model	NOUN
ajfa-6244	10	8	,	,	PUNCT
ajfa-6244	10	9	dea	dea	PROPN
ajfa-6244	10	10	,	,	PUNCT
ajfa-6244	10	11	tobit	tobit	NOUN
ajfa-6244	10	12	regression	regression	NOUN
ajfa-6244	10	13	analysis	analysis	NOUN
ajfa-6244	10	14	,	,	PUNCT
ajfa-6244	10	15	asian	asian	ADJ
ajfa-6244	10	16	banks	bank	NOUN
ajfa-6244	10	17	,	,	PUNCT
ajfa-6244	10	18	operational	operational	ADJ
ajfa-6244	10	19	efficiency	efficiency	NOUN
ajfa-6244	10	20	asian	asian	ADJ
ajfa-6244	10	21	journal	journal	NOUN
ajfa-6244	10	22	of	of	ADP
ajfa-6244	10	23	finance	finance	PROPN
ajfa-6244	10	24	&	&	CCONJ
ajfa-6244	10	25	accounting	accounting	PROPN
ajfa-6244	10	26	issn	issn	PROPN
ajfa-6244	10	27	1946	1946	NUM
ajfa-6244	10	28	-	-	PUNCT
ajfa-6244	10	29	052x	052x	PROPN
ajfa-6244	10	30	2014	2014	NUM
ajfa-6244	10	31	,	,	PUNCT
ajfa-6244	10	32	vol	vol	NOUN
ajfa-6244	10	33	.	.	PROPN
ajfa-6244	10	34	6	6	NUM
ajfa-6244	10	35	,	,	PUNCT
ajfa-6244	10	36	no	no	INTJ
ajfa-6244	10	37	.	.	NOUN
ajfa-6244	10	38	2	2	NUM
ajfa-6244	10	39	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	10	40	471	471	NUM
ajfa-6244	10	41	1	1	NUM
ajfa-6244	10	42	.	.	PUNCT
ajfa-6244	11	1	introduction	introduction	NOUN
ajfa-6244	11	2	in	in	ADP
ajfa-6244	11	3	recent	recent	ADJ
ajfa-6244	11	4	years	year	NOUN
ajfa-6244	11	5	,	,	PUNCT
ajfa-6244	11	6	there	there	PRON
ajfa-6244	11	7	has	have	AUX
ajfa-6244	11	8	been	be	AUX
ajfa-6244	11	9	an	an	DET
ajfa-6244	11	10	increasing	increase	VERB
ajfa-6244	11	11	interest	interest	NOUN
ajfa-6244	11	12	in	in	ADP
ajfa-6244	11	13	the	the	DET
ajfa-6244	11	14	study	study	NOUN
ajfa-6244	11	15	of	of	ADP
ajfa-6244	11	16	banking	banking	NOUN
ajfa-6244	11	17	efficiency	efficiency	NOUN
ajfa-6244	11	18	in	in	ADP
ajfa-6244	11	19	asian	asian	ADJ
ajfa-6244	11	20	countries	country	NOUN
ajfa-6244	11	21	(	(	PUNCT
ajfa-6244	11	22	e.g.	e.g.	ADV
ajfa-6244	11	23	lim	lim	PROPN
ajfa-6244	11	24	and	and	CCONJ
ajfa-6244	11	25	randhawa	randhawa	PROPN
ajfa-6244	11	26	,	,	PUNCT
ajfa-6244	11	27	2005	2005	NUM
ajfa-6244	11	28	;	;	PUNCT
ajfa-6244	11	29	ahmad	ahmad	PROPN
ajfa-6244	11	30	et	et	PROPN
ajfa-6244	11	31	al	al	PROPN
ajfa-6244	11	32	.	.	PROPN
ajfa-6244	11	33	,	,	PUNCT
ajfa-6244	11	34	2010	2010	NUM
ajfa-6244	11	35	;	;	PUNCT
ajfa-6244	11	36	ngo	ngo	PROPN
ajfa-6244	11	37	,	,	PUNCT
ajfa-6244	11	38	2012	2012	NUM
ajfa-6244	11	39	;	;	PUNCT
ajfa-6244	11	40	neupane	neupane	ADJ
ajfa-6244	11	41	,	,	PUNCT
ajfa-6244	11	42	2013	2013	NUM
ajfa-6244	11	43	;	;	PUNCT
ajfa-6244	11	44	sharma	sharma	PROPN
ajfa-6244	11	45	and	and	CCONJ
ajfa-6244	11	46	dalip	dalip	PROPN
ajfa-6244	11	47	,	,	PUNCT
ajfa-6244	11	48	2014	2014	NUM
ajfa-6244	11	49	)	)	PUNCT
ajfa-6244	11	50	.	.	PUNCT
ajfa-6244	12	1	banks	bank	NOUN
ajfa-6244	12	2	,	,	PUNCT
ajfa-6244	12	3	through	through	ADP
ajfa-6244	12	4	financial	financial	ADJ
ajfa-6244	12	5	intermediary	intermediary	NOUN
ajfa-6244	12	6	and	and	CCONJ
ajfa-6244	12	7	credit	credit	NOUN
ajfa-6244	12	8	creation	creation	NOUN
ajfa-6244	12	9	functions	function	NOUN
ajfa-6244	12	10	,	,	PUNCT
ajfa-6244	12	11	settle	settle	VERB
ajfa-6244	12	12	capital	capital	NOUN
ajfa-6244	12	13	supply	supply	NOUN
ajfa-6244	12	14	and	and	CCONJ
ajfa-6244	12	15	demand	demand	NOUN
ajfa-6244	12	16	among	among	ADP
ajfa-6244	12	17	different	different	ADJ
ajfa-6244	12	18	industries	industry	NOUN
ajfa-6244	12	19	to	to	PART
ajfa-6244	12	20	help	help	VERB
ajfa-6244	12	21	boost	boost	VERB
ajfa-6244	12	22	industrial	industrial	ADJ
ajfa-6244	12	23	development	development	NOUN
ajfa-6244	12	24	and	and	CCONJ
ajfa-6244	12	25	capital	capital	NOUN
ajfa-6244	12	26	preservation	preservation	NOUN
ajfa-6244	12	27	.	.	PUNCT
ajfa-6244	13	1	therefore	therefore	ADV
ajfa-6244	13	2	,	,	PUNCT
ajfa-6244	13	3	banking	banking	NOUN
ajfa-6244	13	4	performance	performance	NOUN
ajfa-6244	13	5	is	be	AUX
ajfa-6244	13	6	closely	closely	ADV
ajfa-6244	13	7	related	relate	VERB
ajfa-6244	13	8	to	to	ADP
ajfa-6244	13	9	the	the	DET
ajfa-6244	13	10	overall	overall	ADJ
ajfa-6244	13	11	economic	economic	ADJ
ajfa-6244	13	12	development	development	NOUN
ajfa-6244	13	13	of	of	ADP
ajfa-6244	13	14	a	a	DET
ajfa-6244	13	15	country	country	NOUN
ajfa-6244	13	16	.	.	PUNCT
ajfa-6244	14	1	understanding	understand	VERB
ajfa-6244	14	2	the	the	DET
ajfa-6244	14	3	factors	factor	NOUN
ajfa-6244	14	4	that	that	PRON
ajfa-6244	14	5	affect	affect	VERB
ajfa-6244	14	6	banking	banking	NOUN
ajfa-6244	14	7	performance	performance	NOUN
ajfa-6244	14	8	can	can	AUX
ajfa-6244	14	9	help	help	VERB
ajfa-6244	14	10	banks	bank	NOUN
ajfa-6244	14	11	to	to	PART
ajfa-6244	14	12	assess	assess	VERB
ajfa-6244	14	13	the	the	DET
ajfa-6244	14	14	adequacy	adequacy	NOUN
ajfa-6244	14	15	of	of	ADP
ajfa-6244	14	16	their	their	PRON
ajfa-6244	14	17	current	current	ADJ
ajfa-6244	14	18	resource	resource	NOUN
ajfa-6244	14	19	management	management	NOUN
ajfa-6244	14	20	and	and	CCONJ
ajfa-6244	14	21	to	to	PART
ajfa-6244	14	22	allocate	allocate	VERB
ajfa-6244	14	23	and	and	CCONJ
ajfa-6244	14	24	apply	apply	VERB
ajfa-6244	14	25	resources	resource	NOUN
ajfa-6244	14	26	more	more	ADV
ajfa-6244	14	27	efficient	efficient	ADJ
ajfa-6244	14	28	,	,	PUNCT
ajfa-6244	14	29	thereby	thereby	ADV
ajfa-6244	14	30	greatly	greatly	ADV
ajfa-6244	14	31	help	help	VERB
ajfa-6244	14	32	the	the	DET
ajfa-6244	14	33	economic	economic	ADJ
ajfa-6244	14	34	development	development	NOUN
ajfa-6244	14	35	of	of	ADP
ajfa-6244	14	36	the	the	DET
ajfa-6244	14	37	countries	country	NOUN
ajfa-6244	14	38	in	in	ADP
ajfa-6244	14	39	which	which	PRON
ajfa-6244	14	40	they	they	PRON
ajfa-6244	14	41	operate	operate	VERB
ajfa-6244	14	42	.	.	PUNCT
ajfa-6244	15	1	the	the	DET
ajfa-6244	15	2	financial	financial	ADJ
ajfa-6244	15	3	environments	environment	NOUN
ajfa-6244	15	4	in	in	ADP
ajfa-6244	15	5	asian	asian	ADJ
ajfa-6244	15	6	countries	country	NOUN
ajfa-6244	15	7	become	become	VERB
ajfa-6244	15	8	more	more	ADV
ajfa-6244	15	9	open	open	ADJ
ajfa-6244	15	10	due	due	ADP
ajfa-6244	15	11	to	to	ADP
ajfa-6244	15	12	of	of	ADP
ajfa-6244	15	13	globalization	globalization	NOUN
ajfa-6244	15	14	and	and	CCONJ
ajfa-6244	15	15	many	many	ADJ
ajfa-6244	15	16	international	international	ADJ
ajfa-6244	15	17	banks	bank	NOUN
ajfa-6244	15	18	tend	tend	VERB
ajfa-6244	15	19	to	to	PART
ajfa-6244	15	20	utilize	utilize	VERB
ajfa-6244	15	21	their	their	PRON
ajfa-6244	15	22	competitive	competitive	ADJ
ajfa-6244	15	23	strength	strength	NOUN
ajfa-6244	15	24	in	in	ADP
ajfa-6244	15	25	the	the	DET
ajfa-6244	15	26	asian	asian	ADJ
ajfa-6244	15	27	banking	banking	NOUN
ajfa-6244	15	28	sectors	sector	NOUN
ajfa-6244	15	29	when	when	SCONJ
ajfa-6244	15	30	entering	enter	VERB
ajfa-6244	15	31	the	the	DET
ajfa-6244	15	32	asian	asian	ADJ
ajfa-6244	15	33	market	market	NOUN
ajfa-6244	15	34	.	.	PUNCT
ajfa-6244	16	1	asian	asian	ADJ
ajfa-6244	16	2	banks	bank	NOUN
ajfa-6244	16	3	,	,	PUNCT
ajfa-6244	16	4	meanwhile	meanwhile	ADV
ajfa-6244	16	5	,	,	PUNCT
ajfa-6244	16	6	face	face	VERB
ajfa-6244	16	7	a	a	DET
ajfa-6244	16	8	more	more	ADV
ajfa-6244	16	9	competitive	competitive	ADJ
ajfa-6244	16	10	environment	environment	NOUN
ajfa-6244	16	11	.	.	PUNCT
ajfa-6244	17	1	they	they	PRON
ajfa-6244	17	2	need	need	VERB
ajfa-6244	17	3	to	to	PART
ajfa-6244	17	4	strengthen	strengthen	VERB
ajfa-6244	17	5	efficiency	efficiency	NOUN
ajfa-6244	17	6	in	in	ADP
ajfa-6244	17	7	areas	area	NOUN
ajfa-6244	17	8	wherein	wherein	SCONJ
ajfa-6244	17	9	they	they	PRON
ajfa-6244	17	10	already	already	ADV
ajfa-6244	17	11	have	have	VERB
ajfa-6244	17	12	an	an	DET
ajfa-6244	17	13	edge	edge	NOUN
ajfa-6244	17	14	and	and	CCONJ
ajfa-6244	17	15	to	to	PART
ajfa-6244	17	16	make	make	VERB
ajfa-6244	17	17	up	up	ADP
ajfa-6244	17	18	for	for	ADP
ajfa-6244	17	19	their	their	PRON
ajfa-6244	17	20	weaknesses	weakness	NOUN
ajfa-6244	17	21	in	in	ADP
ajfa-6244	17	22	other	other	ADJ
ajfa-6244	17	23	areas	area	NOUN
ajfa-6244	17	24	.	.	PUNCT
ajfa-6244	18	1	for	for	ADP
ajfa-6244	18	2	example	example	NOUN
ajfa-6244	18	3	,	,	PUNCT
ajfa-6244	18	4	they	they	PRON
ajfa-6244	18	5	could	could	AUX
ajfa-6244	18	6	use	use	VERB
ajfa-6244	18	7	fewer	few	ADJ
ajfa-6244	18	8	resources	resource	NOUN
ajfa-6244	18	9	to	to	PART
ajfa-6244	18	10	draw	draw	VERB
ajfa-6244	18	11	deposits	deposit	NOUN
ajfa-6244	18	12	in	in	ADP
ajfa-6244	18	13	the	the	DET
ajfa-6244	18	14	production	production	NOUN
ajfa-6244	18	15	stage	stage	NOUN
ajfa-6244	18	16	to	to	PART
ajfa-6244	18	17	make	make	VERB
ajfa-6244	18	18	up	up	ADP
ajfa-6244	18	19	for	for	ADP
ajfa-6244	18	20	inefficiency	inefficiency	NOUN
ajfa-6244	18	21	in	in	ADP
ajfa-6244	18	22	the	the	DET
ajfa-6244	18	23	intermediary	intermediary	ADJ
ajfa-6244	18	24	stage	stage	NOUN
ajfa-6244	18	25	(	(	PUNCT
ajfa-6244	18	26	denizer	denizer	NOUN
ajfa-6244	18	27	et	et	NOUN
ajfa-6244	18	28	al	al	PROPN
ajfa-6244	18	29	.	.	PROPN
ajfa-6244	18	30	,	,	PUNCT
ajfa-6244	18	31	2007	2007	NUM
ajfa-6244	18	32	)	)	PUNCT
ajfa-6244	18	33	.	.	PUNCT
ajfa-6244	19	1	asian	asian	ADJ
ajfa-6244	19	2	banks	bank	NOUN
ajfa-6244	19	3	also	also	ADV
ajfa-6244	19	4	need	need	VERB
ajfa-6244	19	5	to	to	PART
ajfa-6244	19	6	determine	determine	VERB
ajfa-6244	19	7	whether	whether	SCONJ
ajfa-6244	19	8	being	be	AUX
ajfa-6244	19	9	a	a	DET
ajfa-6244	19	10	production	production	NOUN
ajfa-6244	19	11	unit	unit	NOUN
ajfa-6244	19	12	or	or	CCONJ
ajfa-6244	19	13	an	an	DET
ajfa-6244	19	14	intermediary	intermediary	NOUN
ajfa-6244	19	15	can	can	AUX
ajfa-6244	19	16	achieve	achieve	VERB
ajfa-6244	19	17	better	well	ADJ
ajfa-6244	19	18	efficiency	efficiency	NOUN
ajfa-6244	19	19	to	to	PART
ajfa-6244	19	20	meet	meet	VERB
ajfa-6244	19	21	their	their	PRON
ajfa-6244	19	22	operating	operating	NOUN
ajfa-6244	19	23	targets	target	NOUN
ajfa-6244	19	24	.	.	PUNCT
ajfa-6244	20	1	relevant	relevant	ADJ
ajfa-6244	20	2	methods	method	NOUN
ajfa-6244	20	3	include	include	VERB
ajfa-6244	20	4	increasing	increase	VERB
ajfa-6244	20	5	market	market	NOUN
ajfa-6244	20	6	share	share	NOUN
ajfa-6244	20	7	,	,	PUNCT
ajfa-6244	20	8	introducing	introduce	VERB
ajfa-6244	20	9	new	new	ADJ
ajfa-6244	20	10	financial	financial	ADJ
ajfa-6244	20	11	products	product	NOUN
ajfa-6244	20	12	,	,	PUNCT
ajfa-6244	20	13	and	and	CCONJ
ajfa-6244	20	14	organizational	organizational	ADJ
ajfa-6244	20	15	downsizing	downsize	VERB
ajfa-6244	20	16	(	(	PUNCT
ajfa-6244	20	17	denizer	denizer	NOUN
ajfa-6244	20	18	et	et	PROPN
ajfa-6244	20	19	al	al	PROPN
ajfa-6244	20	20	.	.	PROPN
ajfa-6244	20	21	,	,	PUNCT
ajfa-6244	20	22	2000	2000	NUM
ajfa-6244	20	23	,	,	PUNCT
ajfa-6244	20	24	2007	2007	NUM
ajfa-6244	20	25	)	)	PUNCT
ajfa-6244	20	26	.	.	PUNCT
ajfa-6244	21	1	the	the	DET
ajfa-6244	21	2	banking	banking	NOUN
ajfa-6244	21	3	efficiency	efficiency	NOUN
ajfa-6244	21	4	literature	literature	NOUN
ajfa-6244	21	5	has	have	AUX
ajfa-6244	21	6	been	be	AUX
ajfa-6244	21	7	dominated	dominate	VERB
ajfa-6244	21	8	by	by	ADP
ajfa-6244	21	9	studies	study	NOUN
ajfa-6244	21	10	in	in	ADP
ajfa-6244	21	11	the	the	DET
ajfa-6244	21	12	u.s	u.s	PROPN
ajfa-6244	21	13	.	.	PROPN
ajfa-6244	21	14	and	and	CCONJ
ajfa-6244	21	15	european	european	ADJ
ajfa-6244	21	16	countries	country	NOUN
ajfa-6244	21	17	.	.	PUNCT
ajfa-6244	22	1	berger	berger	PROPN
ajfa-6244	22	2	and	and	CCONJ
ajfa-6244	22	3	humphrey	humphrey	PROPN
ajfa-6244	22	4	(	(	PUNCT
ajfa-6244	22	5	1997	1997	NUM
ajfa-6244	22	6	)	)	PUNCT
ajfa-6244	22	7	survey	survey	VERB
ajfa-6244	22	8	130	130	NUM
ajfa-6244	22	9	efficiency	efficiency	NOUN
ajfa-6244	22	10	studies	study	NOUN
ajfa-6244	22	11	of	of	ADP
ajfa-6244	22	12	financial	financial	ADJ
ajfa-6244	22	13	institutions	institution	NOUN
ajfa-6244	22	14	,	,	PUNCT
ajfa-6244	22	15	of	of	ADP
ajfa-6244	22	16	which	which	PRON
ajfa-6244	22	17	very	very	ADV
ajfa-6244	22	18	few	few	ADJ
ajfa-6244	22	19	address	address	NOUN
ajfa-6244	22	20	the	the	DET
ajfa-6244	22	21	application	application	NOUN
ajfa-6244	22	22	in	in	ADP
ajfa-6244	22	23	asian	asian	ADJ
ajfa-6244	22	24	countries	country	NOUN
ajfa-6244	22	25	.	.	PUNCT
ajfa-6244	23	1	in	in	ADP
ajfa-6244	23	2	this	this	DET
ajfa-6244	23	3	paper	paper	NOUN
ajfa-6244	23	4	,	,	PUNCT
ajfa-6244	23	5	a	a	DET
ajfa-6244	23	6	two	two	NUM
ajfa-6244	23	7	-	-	PUNCT
ajfa-6244	23	8	stage	stage	NOUN
ajfa-6244	23	9	banking	banking	NOUN
ajfa-6244	23	10	model	model	NOUN
ajfa-6244	23	11	approach	approach	NOUN
ajfa-6244	23	12	(	(	PUNCT
ajfa-6244	23	13	production	production	NOUN
ajfa-6244	23	14	and	and	CCONJ
ajfa-6244	23	15	intermediation	intermediation	NOUN
ajfa-6244	23	16	stage	stage	NOUN
ajfa-6244	23	17	)	)	PUNCT
ajfa-6244	23	18	is	be	AUX
ajfa-6244	23	19	proposed	propose	VERB
ajfa-6244	23	20	for	for	ADP
ajfa-6244	23	21	the	the	DET
ajfa-6244	23	22	efficiency	efficiency	NOUN
ajfa-6244	23	23	evaluation	evaluation	NOUN
ajfa-6244	23	24	for	for	ADP
ajfa-6244	23	25	asian	asian	ADJ
ajfa-6244	23	26	banking	banking	NOUN
ajfa-6244	23	27	firms	firm	NOUN
ajfa-6244	23	28	.	.	PUNCT
ajfa-6244	24	1	data	datum	NOUN
ajfa-6244	24	2	envelopment	envelopment	ADJ
ajfa-6244	24	3	analysis	analysis	NOUN
ajfa-6244	24	4	(	(	PUNCT
ajfa-6244	24	5	dea	dea	NOUN
ajfa-6244	24	6	)	)	PUNCT
ajfa-6244	24	7	techniques	technique	NOUN
ajfa-6244	24	8	are	be	AUX
ajfa-6244	24	9	used	use	VERB
ajfa-6244	24	10	to	to	PART
ajfa-6244	24	11	measure	measure	VERB
ajfa-6244	24	12	the	the	DET
ajfa-6244	24	13	efficiency	efficiency	NOUN
ajfa-6244	24	14	of	of	ADP
ajfa-6244	24	15	asian	asian	ADJ
ajfa-6244	24	16	banks	bank	NOUN
ajfa-6244	24	17	.	.	PUNCT
ajfa-6244	25	1	the	the	DET
ajfa-6244	25	2	empirical	empirical	ADJ
ajfa-6244	25	3	findings	finding	NOUN
ajfa-6244	25	4	in	in	ADP
ajfa-6244	25	5	this	this	DET
ajfa-6244	25	6	study	study	NOUN
ajfa-6244	25	7	can	can	AUX
ajfa-6244	25	8	help	help	VERB
ajfa-6244	25	9	asian	asian	ADJ
ajfa-6244	25	10	banks	bank	NOUN
ajfa-6244	25	11	recognize	recognize	VERB
ajfa-6244	25	12	whether	whether	SCONJ
ajfa-6244	25	13	their	their	PRON
ajfa-6244	25	14	competitive	competitive	ADJ
ajfa-6244	25	15	edges	edge	NOUN
ajfa-6244	25	16	lie	lie	VERB
ajfa-6244	25	17	in	in	ADP
ajfa-6244	25	18	acting	act	VERB
ajfa-6244	25	19	more	more	ADV
ajfa-6244	25	20	as	as	ADP
ajfa-6244	25	21	a	a	DET
ajfa-6244	25	22	producer	producer	NOUN
ajfa-6244	25	23	or	or	CCONJ
ajfa-6244	25	24	an	an	DET
ajfa-6244	25	25	intermediary	intermediary	NOUN
ajfa-6244	25	26	,	,	PUNCT
ajfa-6244	25	27	and	and	CCONJ
ajfa-6244	25	28	how	how	SCONJ
ajfa-6244	25	29	to	to	PART
ajfa-6244	25	30	improve	improve	VERB
ajfa-6244	25	31	their	their	PRON
ajfa-6244	25	32	efficiency	efficiency	NOUN
ajfa-6244	25	33	in	in	ADP
ajfa-6244	25	34	the	the	DET
ajfa-6244	25	35	production	production	NOUN
ajfa-6244	25	36	stage	stage	NOUN
ajfa-6244	25	37	and	and	CCONJ
ajfa-6244	25	38	intermediary	intermediary	ADJ
ajfa-6244	25	39	stage	stage	NOUN
ajfa-6244	25	40	.	.	PUNCT
ajfa-6244	26	1	2	2	X
ajfa-6244	26	2	.	.	X
ajfa-6244	26	3	banking	banking	NOUN
ajfa-6244	26	4	efficiency	efficiency	NOUN
ajfa-6244	26	5	in	in	ADP
ajfa-6244	26	6	asian	asian	ADJ
ajfa-6244	26	7	countries	country	NOUN
ajfa-6244	26	8	2.1	2.1	NUM
ajfa-6244	26	9	evaluation	evaluation	NOUN
ajfa-6244	26	10	of	of	ADP
ajfa-6244	26	11	banking	banking	NOUN
ajfa-6244	26	12	efficiency	efficiency	NOUN
ajfa-6244	26	13	in	in	ADP
ajfa-6244	26	14	extant	extant	ADJ
ajfa-6244	26	15	studies	study	NOUN
ajfa-6244	26	16	on	on	ADP
ajfa-6244	26	17	bank	bank	NOUN
ajfa-6244	26	18	performance	performance	NOUN
ajfa-6244	26	19	,	,	PUNCT
ajfa-6244	26	20	some	some	DET
ajfa-6244	26	21	scholars	scholar	NOUN
ajfa-6244	26	22	consider	consider	VERB
ajfa-6244	26	23	banks	bank	NOUN
ajfa-6244	26	24	as	as	ADP
ajfa-6244	26	25	production	production	NOUN
ajfa-6244	26	26	units	unit	NOUN
ajfa-6244	26	27	(	(	PUNCT
ajfa-6244	26	28	benston	benston	NOUN
ajfa-6244	26	29	,	,	PUNCT
ajfa-6244	26	30	1965	1965	NUM
ajfa-6244	26	31	;	;	PUNCT
ajfa-6244	26	32	ferrier	ferrier	NOUN
ajfa-6244	26	33	et	et	PROPN
ajfa-6244	26	34	al	al	PROPN
ajfa-6244	26	35	.	.	PROPN
ajfa-6244	26	36	,	,	PUNCT
ajfa-6244	26	37	1990	1990	NUM
ajfa-6244	26	38	;	;	PUNCT
ajfa-6244	26	39	shaffnit	shaffnit	VERB
ajfa-6244	26	40	et	et	PROPN
ajfa-6244	26	41	al	al	PROPN
ajfa-6244	26	42	.	.	PROPN
ajfa-6244	26	43	,	,	PUNCT
ajfa-6244	26	44	1997	1997	NUM
ajfa-6244	26	45	;	;	PUNCT
ajfa-6244	26	46	zenios	zenios	PROPN
ajfa-6244	26	47	et	et	PROPN
ajfa-6244	26	48	al	al	PROPN
ajfa-6244	26	49	.	.	PROPN
ajfa-6244	26	50	,	,	PUNCT
ajfa-6244	26	51	1999	1999	NUM
ajfa-6244	26	52	)	)	PUNCT
ajfa-6244	26	53	,	,	PUNCT
ajfa-6244	26	54	some	some	PRON
ajfa-6244	26	55	view	view	VERB
ajfa-6244	26	56	banks	bank	NOUN
ajfa-6244	26	57	as	as	ADP
ajfa-6244	26	58	intermediaries	intermediary	NOUN
ajfa-6244	26	59	(	(	PUNCT
ajfa-6244	26	60	maudos	maudo	NOUN
ajfa-6244	26	61	and	and	CCONJ
ajfa-6244	26	62	pastor	pastor	NOUN
ajfa-6244	26	63	,	,	PUNCT
ajfa-6244	26	64	2003	2003	NUM
ajfa-6244	26	65	;	;	PUNCT
ajfa-6244	26	66	casu	casu	PROPN
ajfa-6244	26	67	et	et	PROPN
ajfa-6244	26	68	al	al	PROPN
ajfa-6244	26	69	.	.	PROPN
ajfa-6244	26	70	,	,	PUNCT
ajfa-6244	26	71	2003	2003	NUM
ajfa-6244	26	72	)	)	PUNCT
ajfa-6244	26	73	,	,	PUNCT
ajfa-6244	26	74	and	and	CCONJ
ajfa-6244	26	75	some	some	PRON
ajfa-6244	26	76	believe	believe	VERB
ajfa-6244	26	77	that	that	SCONJ
ajfa-6244	26	78	banks	bank	NOUN
ajfa-6244	26	79	play	play	VERB
ajfa-6244	26	80	both	both	DET
ajfa-6244	26	81	roles	role	NOUN
ajfa-6244	26	82	(	(	PUNCT
ajfa-6244	26	83	denizer	denizer	NOUN
ajfa-6244	26	84	et	et	NOUN
ajfa-6244	26	85	al	al	PROPN
ajfa-6244	26	86	.	.	PROPN
ajfa-6244	26	87	,	,	PUNCT
ajfa-6244	26	88	2000	2000	NUM
ajfa-6244	26	89	;	;	PUNCT
ajfa-6244	26	90	athanassopoulos	athanassopoulo	NOUN
ajfa-6244	26	91	and	and	CCONJ
ajfa-6244	26	92	giokas	giokas	NOUN
ajfa-6244	26	93	,	,	PUNCT
ajfa-6244	26	94	2000	2000	NUM
ajfa-6244	26	95	)	)	PUNCT
ajfa-6244	26	96	.	.	PUNCT
ajfa-6244	27	1	benston	benston	NOUN
ajfa-6244	27	2	(	(	PUNCT
ajfa-6244	27	3	1965	1965	NUM
ajfa-6244	27	4	)	)	PUNCT
ajfa-6244	27	5	first	first	ADV
ajfa-6244	27	6	introduced	introduce	VERB
ajfa-6244	27	7	the	the	DET
ajfa-6244	27	8	production	production	NOUN
ajfa-6244	27	9	approach	approach	NOUN
ajfa-6244	27	10	that	that	PRON
ajfa-6244	27	11	views	view	VERB
ajfa-6244	27	12	financial	financial	ADJ
ajfa-6244	27	13	institutions	institution	NOUN
ajfa-6244	27	14	as	as	ADP
ajfa-6244	27	15	providers	provider	NOUN
ajfa-6244	27	16	of	of	ADP
ajfa-6244	27	17	services	service	NOUN
ajfa-6244	27	18	for	for	ADP
ajfa-6244	27	19	account	account	NOUN
ajfa-6244	27	20	holders	holder	NOUN
ajfa-6244	27	21	.	.	PUNCT
ajfa-6244	28	1	in	in	ADP
ajfa-6244	28	2	this	this	DET
ajfa-6244	28	3	approach	approach	NOUN
ajfa-6244	28	4	,	,	PUNCT
ajfa-6244	28	5	outputs	output	NOUN
ajfa-6244	28	6	include	include	VERB
ajfa-6244	28	7	all	all	DET
ajfa-6244	28	8	types	type	NOUN
ajfa-6244	28	9	of	of	ADP
ajfa-6244	28	10	trading	trading	NOUN
ajfa-6244	28	11	accounts	account	NOUN
ajfa-6244	28	12	and	and	CCONJ
ajfa-6244	28	13	other	other	ADJ
ajfa-6244	28	14	services	service	NOUN
ajfa-6244	28	15	provided	provide	VERB
ajfa-6244	28	16	by	by	ADP
ajfa-6244	28	17	banks	bank	NOUN
ajfa-6244	28	18	,	,	PUNCT
ajfa-6244	28	19	and	and	CCONJ
ajfa-6244	28	20	inputs	input	NOUN
ajfa-6244	28	21	include	include	VERB
ajfa-6244	28	22	employees	employee	NOUN
ajfa-6244	28	23	,	,	PUNCT
ajfa-6244	28	24	issued	issue	VERB
ajfa-6244	28	25	capital	capital	NOUN
ajfa-6244	28	26	,	,	PUNCT
ajfa-6244	28	27	and	and	CCONJ
ajfa-6244	28	28	related	related	ADJ
ajfa-6244	28	29	costs	cost	NOUN
ajfa-6244	28	30	.	.	PUNCT
ajfa-6244	29	1	elyasiani	elyasiani	NOUN
ajfa-6244	29	2	and	and	CCONJ
ajfa-6244	29	3	mehdian	mehdian	ADJ
ajfa-6244	29	4	(	(	PUNCT
ajfa-6244	29	5	1990a	1990a	NOUN
ajfa-6244	29	6	,	,	PUNCT
ajfa-6244	29	7	1990b	1990b	NUM
ajfa-6244	29	8	)	)	PUNCT
ajfa-6244	29	9	and	and	CCONJ
ajfa-6244	29	10	mester	mester	NOUN
ajfa-6244	29	11	(	(	PUNCT
ajfa-6244	29	12	1987	1987	NUM
ajfa-6244	29	13	)	)	PUNCT
ajfa-6244	29	14	studied	study	VERB
ajfa-6244	29	15	bank	bank	NOUN
ajfa-6244	29	16	operating	operating	NOUN
ajfa-6244	29	17	performance	performance	NOUN
ajfa-6244	29	18	via	via	ADP
ajfa-6244	29	19	the	the	DET
ajfa-6244	29	20	intermediary	intermediary	ADJ
ajfa-6244	29	21	approach	approach	NOUN
ajfa-6244	29	22	,	,	PUNCT
ajfa-6244	29	23	outputs	output	NOUN
ajfa-6244	29	24	are	be	AUX
ajfa-6244	29	25	viewed	view	VERB
ajfa-6244	29	26	as	as	ADP
ajfa-6244	29	27	the	the	DET
ajfa-6244	29	28	earning	earn	VERB
ajfa-6244	29	29	assets	asset	NOUN
ajfa-6244	29	30	of	of	ADP
ajfa-6244	29	31	banks	bank	NOUN
ajfa-6244	29	32	,	,	PUNCT
ajfa-6244	29	33	whereas	whereas	SCONJ
ajfa-6244	29	34	deposits	deposit	NOUN
ajfa-6244	29	35	,	,	PUNCT
ajfa-6244	29	36	capital	capital	NOUN
ajfa-6244	29	37	,	,	PUNCT
ajfa-6244	29	38	and	and	CCONJ
ajfa-6244	29	39	labor	labor	NOUN
ajfa-6244	29	40	are	be	AUX
ajfa-6244	29	41	viewed	view	VERB
ajfa-6244	29	42	as	as	ADP
ajfa-6244	29	43	inputs	input	NOUN
ajfa-6244	29	44	.	.	PUNCT
ajfa-6244	30	1	asian	asian	ADJ
ajfa-6244	30	2	journal	journal	PROPN
ajfa-6244	30	3	of	of	ADP
ajfa-6244	30	4	finance	finance	PROPN
ajfa-6244	30	5	&	&	CCONJ
ajfa-6244	30	6	accounting	accounting	PROPN
ajfa-6244	30	7	issn	issn	PROPN
ajfa-6244	30	8	1946	1946	NUM
ajfa-6244	30	9	-	-	PUNCT
ajfa-6244	30	10	052x	052x	PROPN
ajfa-6244	30	11	2014	2014	NUM
ajfa-6244	30	12	,	,	PUNCT
ajfa-6244	30	13	vol	vol	NOUN
ajfa-6244	30	14	.	.	PROPN
ajfa-6244	31	1	6	6	NUM
ajfa-6244	31	2	,	,	PUNCT
ajfa-6244	31	3	no	no	INTJ
ajfa-6244	31	4	.	.	NOUN
ajfa-6244	31	5	2	2	NUM
ajfa-6244	31	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	31	7	472	472	NUM
ajfa-6244	31	8	the	the	DET
ajfa-6244	31	9	most	most	ADV
ajfa-6244	31	10	important	important	ADJ
ajfa-6244	31	11	source	source	NOUN
ajfa-6244	31	12	of	of	ADP
ajfa-6244	31	13	a	a	DET
ajfa-6244	31	14	bank	bank	NOUN
ajfa-6244	31	15	’s	’s	PART
ajfa-6244	31	16	profit	profit	NOUN
ajfa-6244	31	17	is	be	AUX
ajfa-6244	31	18	interest	interest	NOUN
ajfa-6244	31	19	incomes	income	NOUN
ajfa-6244	31	20	,	,	PUNCT
ajfa-6244	31	21	which	which	PRON
ajfa-6244	31	22	depends	depend	VERB
ajfa-6244	31	23	on	on	ADP
ajfa-6244	31	24	the	the	DET
ajfa-6244	31	25	amount	amount	NOUN
ajfa-6244	31	26	of	of	ADP
ajfa-6244	31	27	corporate	corporate	ADJ
ajfa-6244	31	28	and	and	CCONJ
ajfa-6244	31	29	consumer	consumer	NOUN
ajfa-6244	31	30	loans	loan	NOUN
ajfa-6244	31	31	.	.	PUNCT
ajfa-6244	32	1	therefore	therefore	ADV
ajfa-6244	32	2	,	,	PUNCT
ajfa-6244	32	3	a	a	DET
ajfa-6244	32	4	bank	bank	NOUN
ajfa-6244	32	5	’s	’s	PART
ajfa-6244	32	6	“	"	PUNCT
ajfa-6244	32	7	selling	sell	VERB
ajfa-6244	32	8	ability	ability	NOUN
ajfa-6244	32	9	”	"	PUNCT
ajfa-6244	32	10	is	be	AUX
ajfa-6244	32	11	important	important	ADJ
ajfa-6244	32	12	in	in	ADP
ajfa-6244	32	13	the	the	DET
ajfa-6244	32	14	intermediation	intermediation	NOUN
ajfa-6244	32	15	stage	stage	NOUN
ajfa-6244	32	16	.	.	PUNCT
ajfa-6244	33	1	if	if	SCONJ
ajfa-6244	33	2	a	a	DET
ajfa-6244	33	3	bank	bank	NOUN
ajfa-6244	33	4	’s	’s	PART
ajfa-6244	33	5	loanable	loanable	ADJ
ajfa-6244	33	6	funds	fund	NOUN
ajfa-6244	33	7	are	be	AUX
ajfa-6244	33	8	viewed	view	VERB
ajfa-6244	33	9	as	as	ADP
ajfa-6244	33	10	a	a	DET
ajfa-6244	33	11	product	product	NOUN
ajfa-6244	33	12	,	,	PUNCT
ajfa-6244	33	13	the	the	DET
ajfa-6244	33	14	unit	unit	NOUN
ajfa-6244	33	15	price	price	NOUN
ajfa-6244	33	16	of	of	ADP
ajfa-6244	33	17	the	the	DET
ajfa-6244	33	18	product	product	NOUN
ajfa-6244	33	19	is	be	AUX
ajfa-6244	33	20	interest	interest	NOUN
ajfa-6244	33	21	rate	rate	NOUN
ajfa-6244	33	22	on	on	ADP
ajfa-6244	33	23	loans	loan	NOUN
ajfa-6244	33	24	,	,	PUNCT
ajfa-6244	33	25	and	and	CCONJ
ajfa-6244	33	26	the	the	DET
ajfa-6244	33	27	revenue	revenue	NOUN
ajfa-6244	33	28	is	be	AUX
ajfa-6244	33	29	interest	interest	NOUN
ajfa-6244	33	30	incomes	income	NOUN
ajfa-6244	33	31	.	.	PUNCT
ajfa-6244	34	1	in	in	ADP
ajfa-6244	34	2	addition	addition	NOUN
ajfa-6244	34	3	,	,	PUNCT
ajfa-6244	34	4	the	the	DET
ajfa-6244	34	5	main	main	ADJ
ajfa-6244	34	6	source	source	NOUN
ajfa-6244	34	7	for	for	ADP
ajfa-6244	34	8	a	a	DET
ajfa-6244	34	9	bank	bank	NOUN
ajfa-6244	34	10	’s	’s	PART
ajfa-6244	34	11	loanable	loanable	ADJ
ajfa-6244	34	12	funds	fund	NOUN
ajfa-6244	34	13	is	be	AUX
ajfa-6244	34	14	the	the	DET
ajfa-6244	34	15	deposits	deposit	NOUN
ajfa-6244	34	16	drawn	draw	VERB
ajfa-6244	34	17	from	from	ADP
ajfa-6244	34	18	capital	capital	NOUN
ajfa-6244	34	19	owners	owner	NOUN
ajfa-6244	34	20	.	.	PUNCT
ajfa-6244	35	1	therefore	therefore	ADV
ajfa-6244	35	2	,	,	PUNCT
ajfa-6244	35	3	deposits	deposit	NOUN
ajfa-6244	35	4	can	can	AUX
ajfa-6244	35	5	be	be	AUX
ajfa-6244	35	6	viewed	view	VERB
ajfa-6244	35	7	as	as	ADP
ajfa-6244	35	8	the	the	DET
ajfa-6244	35	9	“	"	PUNCT
ajfa-6244	35	10	material	material	NOUN
ajfa-6244	35	11	”	"	PUNCT
ajfa-6244	35	12	to	to	PART
ajfa-6244	35	13	create	create	VERB
ajfa-6244	35	14	loans	loan	NOUN
ajfa-6244	35	15	as	as	ADP
ajfa-6244	35	16	a	a	DET
ajfa-6244	35	17	product	product	NOUN
ajfa-6244	35	18	in	in	ADP
ajfa-6244	35	19	the	the	DET
ajfa-6244	35	20	production	production	NOUN
ajfa-6244	35	21	stage	stage	NOUN
ajfa-6244	35	22	.	.	PUNCT
ajfa-6244	36	1	the	the	DET
ajfa-6244	36	2	unit	unit	NOUN
ajfa-6244	36	3	price	price	NOUN
ajfa-6244	36	4	of	of	ADP
ajfa-6244	36	5	the	the	DET
ajfa-6244	36	6	material	material	NOUN
ajfa-6244	36	7	is	be	AUX
ajfa-6244	36	8	interest	interest	NOUN
ajfa-6244	36	9	rate	rate	NOUN
ajfa-6244	36	10	on	on	ADP
ajfa-6244	36	11	deposits	deposit	NOUN
ajfa-6244	36	12	,	,	PUNCT
ajfa-6244	36	13	and	and	CCONJ
ajfa-6244	36	14	its	its	PRON
ajfa-6244	36	15	production	production	NOUN
ajfa-6244	36	16	cost	cost	NOUN
ajfa-6244	36	17	is	be	AUX
ajfa-6244	36	18	interest	interest	NOUN
ajfa-6244	36	19	costs	cost	NOUN
ajfa-6244	36	20	.	.	PUNCT
ajfa-6244	37	1	the	the	DET
ajfa-6244	37	2	above	above	ADJ
ajfa-6244	37	3	arguments	argument	NOUN
ajfa-6244	37	4	illustrate	illustrate	VERB
ajfa-6244	37	5	that	that	SCONJ
ajfa-6244	37	6	the	the	DET
ajfa-6244	37	7	production	production	NOUN
ajfa-6244	37	8	and	and	CCONJ
ajfa-6244	37	9	intermediation	intermediation	NOUN
ajfa-6244	37	10	stages	stage	NOUN
ajfa-6244	37	11	are	be	AUX
ajfa-6244	37	12	two	two	NUM
ajfa-6244	37	13	sides	side	NOUN
ajfa-6244	37	14	of	of	ADP
ajfa-6244	37	15	the	the	DET
ajfa-6244	37	16	same	same	ADJ
ajfa-6244	37	17	coin	coin	NOUN
ajfa-6244	37	18	.	.	PUNCT
ajfa-6244	38	1	denizer	denizer	PROPN
ajfa-6244	38	2	et	et	PROPN
ajfa-6244	38	3	al	al	PROPN
ajfa-6244	38	4	.	.	PROPN
ajfa-6244	39	1	(	(	PUNCT
ajfa-6244	39	2	2000	2000	NUM
ajfa-6244	39	3	)	)	PUNCT
ajfa-6244	39	4	was	be	AUX
ajfa-6244	39	5	the	the	DET
ajfa-6244	39	6	first	first	ADJ
ajfa-6244	39	7	to	to	PART
ajfa-6244	39	8	connect	connect	VERB
ajfa-6244	39	9	bank	bank	NOUN
ajfa-6244	39	10	production	production	NOUN
ajfa-6244	39	11	function	function	NOUN
ajfa-6244	39	12	with	with	ADP
ajfa-6244	39	13	intermediary	intermediary	ADJ
ajfa-6244	39	14	function	function	NOUN
ajfa-6244	39	15	,	,	PUNCT
ajfa-6244	39	16	arguing	argue	VERB
ajfa-6244	39	17	that	that	SCONJ
ajfa-6244	39	18	all	all	DET
ajfa-6244	39	19	banks	bank	NOUN
ajfa-6244	39	20	have	have	VERB
ajfa-6244	39	21	these	these	DET
ajfa-6244	39	22	two	two	NUM
ajfa-6244	39	23	functions	function	NOUN
ajfa-6244	39	24	and	and	CCONJ
ajfa-6244	39	25	that	that	SCONJ
ajfa-6244	39	26	these	these	DET
ajfa-6244	39	27	functions	function	NOUN
ajfa-6244	39	28	are	be	AUX
ajfa-6244	39	29	complementary	complementary	ADJ
ajfa-6244	39	30	.	.	PUNCT
ajfa-6244	40	1	in	in	ADP
ajfa-6244	40	2	their	their	PRON
ajfa-6244	40	3	study	study	NOUN
ajfa-6244	40	4	of	of	ADP
ajfa-6244	40	5	the	the	DET
ajfa-6244	40	6	banking	banking	NOUN
ajfa-6244	40	7	industry	industry	NOUN
ajfa-6244	40	8	in	in	ADP
ajfa-6244	40	9	turkey	turkey	NOUN
ajfa-6244	40	10	from	from	ADP
ajfa-6244	40	11	1970	1970	NUM
ajfa-6244	40	12	to	to	ADP
ajfa-6244	40	13	1994	1994	NUM
ajfa-6244	40	14	,	,	PUNCT
ajfa-6244	40	15	denizer	denizer	PROPN
ajfa-6244	40	16	et	et	PROPN
ajfa-6244	40	17	al	al	PROPN
ajfa-6244	40	18	.	.	PROPN
ajfa-6244	41	1	(	(	PUNCT
ajfa-6244	41	2	2000	2000	NUM
ajfa-6244	41	3	)	)	PUNCT
ajfa-6244	41	4	define	define	VERB
ajfa-6244	41	5	the	the	DET
ajfa-6244	41	6	bank	bank	NOUN
ajfa-6244	41	7	inputs	input	NOUN
ajfa-6244	41	8	in	in	ADP
ajfa-6244	41	9	the	the	DET
ajfa-6244	41	10	production	production	NOUN
ajfa-6244	41	11	stage	stage	NOUN
ajfa-6244	41	12	as	as	ADP
ajfa-6244	41	13	the	the	DET
ajfa-6244	41	14	banks	bank	NOUN
ajfa-6244	41	15	’	’	PART
ajfa-6244	41	16	tangible	tangible	ADJ
ajfa-6244	41	17	assets	asset	NOUN
ajfa-6244	41	18	,	,	PUNCT
ajfa-6244	41	19	salary	salary	NOUN
ajfa-6244	41	20	expenses	expense	NOUN
ajfa-6244	41	21	,	,	PUNCT
ajfa-6244	41	22	and	and	CCONJ
ajfa-6244	41	23	interest	interest	NOUN
ajfa-6244	41	24	costs	cost	NOUN
ajfa-6244	41	25	,	,	PUNCT
ajfa-6244	41	26	whereas	whereas	SCONJ
ajfa-6244	41	27	the	the	DET
ajfa-6244	41	28	outputs	output	NOUN
ajfa-6244	41	29	are	be	AUX
ajfa-6244	41	30	the	the	DET
ajfa-6244	41	31	deposits	deposit	NOUN
ajfa-6244	41	32	and	and	CCONJ
ajfa-6244	41	33	related	related	ADJ
ajfa-6244	41	34	commission	commission	NOUN
ajfa-6244	41	35	income	income	NOUN
ajfa-6244	41	36	.	.	PUNCT
ajfa-6244	42	1	in	in	ADP
ajfa-6244	42	2	the	the	DET
ajfa-6244	42	3	intermediation	intermediation	NOUN
ajfa-6244	42	4	stage	stage	NOUN
ajfa-6244	42	5	,	,	PUNCT
ajfa-6244	42	6	the	the	DET
ajfa-6244	42	7	inputs	input	NOUN
ajfa-6244	42	8	are	be	AUX
ajfa-6244	42	9	the	the	DET
ajfa-6244	42	10	deposits	deposit	NOUN
ajfa-6244	42	11	and	and	CCONJ
ajfa-6244	42	12	operating	operating	NOUN
ajfa-6244	42	13	costs	cost	NOUN
ajfa-6244	42	14	(	(	PUNCT
ajfa-6244	42	15	salary	salary	NOUN
ajfa-6244	42	16	expenses	expense	NOUN
ajfa-6244	42	17	are	be	AUX
ajfa-6244	42	18	not	not	PART
ajfa-6244	42	19	included	include	VERB
ajfa-6244	42	20	)	)	PUNCT
ajfa-6244	42	21	,	,	PUNCT
ajfa-6244	42	22	whereas	whereas	SCONJ
ajfa-6244	42	23	the	the	DET
ajfa-6244	42	24	outputs	output	NOUN
ajfa-6244	42	25	are	be	AUX
ajfa-6244	42	26	the	the	DET
ajfa-6244	42	27	loans	loan	NOUN
ajfa-6244	42	28	,	,	PUNCT
ajfa-6244	42	29	related	relate	VERB
ajfa-6244	42	30	interest	interest	NOUN
ajfa-6244	42	31	income	income	NOUN
ajfa-6244	42	32	,	,	PUNCT
ajfa-6244	42	33	and	and	CCONJ
ajfa-6244	42	34	commission	commission	NOUN
ajfa-6244	42	35	income	income	NOUN
ajfa-6244	42	36	.	.	PUNCT
ajfa-6244	43	1	the	the	DET
ajfa-6244	43	2	authors	author	NOUN
ajfa-6244	43	3	found	find	VERB
ajfa-6244	43	4	that	that	SCONJ
ajfa-6244	43	5	banking	banking	NOUN
ajfa-6244	43	6	efficiency	efficiency	NOUN
ajfa-6244	43	7	values	value	NOUN
ajfa-6244	43	8	for	for	ADP
ajfa-6244	43	9	the	the	DET
ajfa-6244	43	10	two	two	NUM
ajfa-6244	43	11	stages	stage	NOUN
ajfa-6244	43	12	did	do	AUX
ajfa-6244	43	13	not	not	PART
ajfa-6244	43	14	rise	rise	VERB
ajfa-6244	43	15	after	after	SCONJ
ajfa-6244	43	16	the	the	DET
ajfa-6244	43	17	turkish	turkish	ADJ
ajfa-6244	43	18	government	government	NOUN
ajfa-6244	43	19	implemented	implement	VERB
ajfa-6244	43	20	financial	financial	ADJ
ajfa-6244	43	21	liberalization	liberalization	NOUN
ajfa-6244	43	22	programs	program	NOUN
ajfa-6244	43	23	.	.	PUNCT
ajfa-6244	44	1	the	the	DET
ajfa-6244	44	2	main	main	ADJ
ajfa-6244	44	3	reason	reason	NOUN
ajfa-6244	44	4	for	for	ADP
ajfa-6244	44	5	this	this	DET
ajfa-6244	44	6	phenomenon	phenomenon	NOUN
ajfa-6244	44	7	was	be	AUX
ajfa-6244	44	8	that	that	SCONJ
ajfa-6244	44	9	the	the	DET
ajfa-6244	44	10	country	country	NOUN
ajfa-6244	44	11	did	do	AUX
ajfa-6244	44	12	not	not	PART
ajfa-6244	44	13	have	have	VERB
ajfa-6244	44	14	a	a	DET
ajfa-6244	44	15	stable	stable	ADJ
ajfa-6244	44	16	macroeconomic	macroeconomic	ADJ
ajfa-6244	44	17	environment	environment	NOUN
ajfa-6244	44	18	during	during	ADP
ajfa-6244	44	19	the	the	DET
ajfa-6244	44	20	sample	sample	NOUN
ajfa-6244	44	21	period	period	NOUN
ajfa-6244	44	22	.	.	PUNCT
ajfa-6244	45	1	in	in	ADP
ajfa-6244	45	2	addition	addition	NOUN
ajfa-6244	45	3	,	,	PUNCT
ajfa-6244	45	4	scale	scale	NOUN
ajfa-6244	45	5	inefficiency	inefficiency	NOUN
ajfa-6244	45	6	was	be	AUX
ajfa-6244	45	7	the	the	DET
ajfa-6244	45	8	main	main	ADJ
ajfa-6244	45	9	cause	cause	NOUN
ajfa-6244	45	10	of	of	ADP
ajfa-6244	45	11	low	low	ADJ
ajfa-6244	45	12	technical	technical	ADJ
ajfa-6244	45	13	efficiency	efficiency	NOUN
ajfa-6244	45	14	.	.	PUNCT
ajfa-6244	46	1	denizer	denizer	NOUN
ajfa-6244	46	2	et	et	PROPN
ajfa-6244	46	3	al	al	PROPN
ajfa-6244	46	4	.	.	PROPN
ajfa-6244	47	1	(	(	PUNCT
ajfa-6244	47	2	2007	2007	NUM
ajfa-6244	47	3	)	)	PUNCT
ajfa-6244	47	4	further	far	ADV
ajfa-6244	47	5	applied	apply	VERB
ajfa-6244	47	6	the	the	DET
ajfa-6244	47	7	production	production	NOUN
ajfa-6244	47	8	and	and	CCONJ
ajfa-6244	47	9	intermediary	intermediary	NOUN
ajfa-6244	47	10	approaches	approach	NOUN
ajfa-6244	47	11	to	to	PART
ajfa-6244	47	12	evaluate	evaluate	VERB
ajfa-6244	47	13	the	the	DET
ajfa-6244	47	14	factors	factor	NOUN
ajfa-6244	47	15	that	that	SCONJ
ajfa-6244	47	16	affecting	affect	VERB
ajfa-6244	47	17	banking	banking	NOUN
ajfa-6244	47	18	efficiency	efficiency	NOUN
ajfa-6244	47	19	in	in	ADP
ajfa-6244	47	20	turkey	turkey	NOUN
ajfa-6244	47	21	and	and	CCONJ
ajfa-6244	47	22	found	find	VERB
ajfa-6244	47	23	that	that	SCONJ
ajfa-6244	47	24	both	both	CCONJ
ajfa-6244	47	25	the	the	DET
ajfa-6244	47	26	gdp	gdp	NOUN
ajfa-6244	47	27	growth	growth	NOUN
ajfa-6244	47	28	rate	rate	NOUN
ajfa-6244	47	29	and	and	CCONJ
ajfa-6244	47	30	the	the	DET
ajfa-6244	47	31	inflation	inflation	NOUN
ajfa-6244	47	32	rate	rate	NOUN
ajfa-6244	47	33	(	(	PUNCT
ajfa-6244	47	34	calculated	calculate	VERB
ajfa-6244	47	35	using	use	VERB
ajfa-6244	47	36	gdp	gdp	NOUN
ajfa-6244	47	37	deflators	deflator	NOUN
ajfa-6244	47	38	)	)	PUNCT
ajfa-6244	47	39	were	be	AUX
ajfa-6244	47	40	negatively	negatively	ADV
ajfa-6244	47	41	correlated	correlate	VERB
ajfa-6244	47	42	with	with	ADP
ajfa-6244	47	43	the	the	DET
ajfa-6244	47	44	efficiency	efficiency	NOUN
ajfa-6244	47	45	values	value	NOUN
ajfa-6244	47	46	for	for	ADP
ajfa-6244	47	47	the	the	DET
ajfa-6244	47	48	two	two	NUM
ajfa-6244	47	49	stages	stage	NOUN
ajfa-6244	47	50	.	.	PUNCT
ajfa-6244	48	1	during	during	ADP
ajfa-6244	48	2	the	the	DET
ajfa-6244	48	3	sample	sample	NOUN
ajfa-6244	48	4	period	period	NOUN
ajfa-6244	48	5	,	,	PUNCT
ajfa-6244	48	6	the	the	DET
ajfa-6244	48	7	inflation	inflation	NOUN
ajfa-6244	48	8	rate	rate	NOUN
ajfa-6244	48	9	fluctuated	fluctuate	VERB
ajfa-6244	48	10	greatly	greatly	ADV
ajfa-6244	48	11	,	,	PUNCT
ajfa-6244	48	12	rising	rise	VERB
ajfa-6244	48	13	from	from	ADP
ajfa-6244	48	14	9	9	NUM
ajfa-6244	48	15	%	%	NOUN
ajfa-6244	48	16	in	in	ADP
ajfa-6244	48	17	the	the	DET
ajfa-6244	48	18	1970s	1970s	NUM
ajfa-6244	48	19	to	to	ADP
ajfa-6244	48	20	85	85	NUM
ajfa-6244	48	21	%	%	NOUN
ajfa-6244	48	22	in	in	ADP
ajfa-6244	48	23	the	the	DET
ajfa-6244	48	24	1980s	1980	NOUN
ajfa-6244	48	25	,	,	PUNCT
ajfa-6244	48	26	before	before	ADP
ajfa-6244	48	27	falling	fall	VERB
ajfa-6244	48	28	to	to	ADP
ajfa-6244	48	29	an	an	DET
ajfa-6244	48	30	average	average	NOUN
ajfa-6244	48	31	of	of	ADP
ajfa-6244	48	32	65	65	NUM
ajfa-6244	48	33	%	%	NOUN
ajfa-6244	48	34	in	in	ADP
ajfa-6244	48	35	the	the	DET
ajfa-6244	48	36	1990s	1990s	NUM
ajfa-6244	48	37	.	.	PUNCT
ajfa-6244	49	1	moreover	moreover	ADV
ajfa-6244	49	2	,	,	PUNCT
ajfa-6244	49	3	the	the	DET
ajfa-6244	49	4	gdp	gdp	NOUN
ajfa-6244	49	5	growth	growth	NOUN
ajfa-6244	49	6	rates	rate	NOUN
ajfa-6244	49	7	fluctuated	fluctuate	VERB
ajfa-6244	49	8	wildly	wildly	ADV
ajfa-6244	49	9	ranging	range	VERB
ajfa-6244	49	10	from	from	ADP
ajfa-6244	49	11	a	a	DET
ajfa-6244	49	12	low	low	NOUN
ajfa-6244	49	13	of	of	ADP
ajfa-6244	49	14	-6	-6	NOUN
ajfa-6244	49	15	%	%	NOUN
ajfa-6244	49	16	to	to	ADP
ajfa-6244	49	17	a	a	DET
ajfa-6244	49	18	high	high	NOUN
ajfa-6244	49	19	of	of	ADP
ajfa-6244	49	20	11	11	NUM
ajfa-6244	49	21	%	%	NOUN
ajfa-6244	49	22	.	.	PUNCT
ajfa-6244	50	1	such	such	ADJ
ajfa-6244	50	2	extreme	extreme	ADJ
ajfa-6244	50	3	fluctuations	fluctuation	NOUN
ajfa-6244	50	4	would	would	AUX
ajfa-6244	50	5	increase	increase	VERB
ajfa-6244	50	6	uncertainty	uncertainty	NOUN
ajfa-6244	50	7	and	and	CCONJ
ajfa-6244	50	8	risks	risk	NOUN
ajfa-6244	50	9	for	for	ADP
ajfa-6244	50	10	the	the	DET
ajfa-6244	50	11	banks	bank	NOUN
ajfa-6244	50	12	.	.	PUNCT
ajfa-6244	51	1	meanwhile	meanwhile	ADV
ajfa-6244	51	2	,	,	PUNCT
ajfa-6244	51	3	high	high	ADJ
ajfa-6244	51	4	growth	growth	NOUN
ajfa-6244	51	5	rates	rate	NOUN
ajfa-6244	51	6	would	would	AUX
ajfa-6244	51	7	induce	induce	VERB
ajfa-6244	51	8	banks	bank	NOUN
ajfa-6244	51	9	to	to	PART
ajfa-6244	51	10	expand	expand	VERB
ajfa-6244	51	11	their	their	PRON
ajfa-6244	51	12	loans	loan	NOUN
ajfa-6244	51	13	and	and	CCONJ
ajfa-6244	51	14	investment	investment	NOUN
ajfa-6244	51	15	products	product	NOUN
ajfa-6244	51	16	,	,	PUNCT
ajfa-6244	51	17	which	which	PRON
ajfa-6244	51	18	would	would	AUX
ajfa-6244	51	19	lower	lower	VERB
ajfa-6244	51	20	the	the	DET
ajfa-6244	51	21	overall	overall	ADJ
ajfa-6244	51	22	quality	quality	NOUN
ajfa-6244	51	23	of	of	ADP
ajfa-6244	51	24	the	the	DET
ajfa-6244	51	25	banks	bank	NOUN
ajfa-6244	51	26	’	'	PUNCT
ajfa-6244	51	27	assets	asset	NOUN
ajfa-6244	51	28	(	(	PUNCT
ajfa-6244	51	29	keeton	keeton	PROPN
ajfa-6244	51	30	,	,	PUNCT
ajfa-6244	51	31	1999	1999	NUM
ajfa-6244	51	32	)	)	PUNCT
ajfa-6244	51	33	.	.	PUNCT
ajfa-6244	52	1	hence	hence	ADV
ajfa-6244	52	2	,	,	PUNCT
ajfa-6244	52	3	a	a	DET
ajfa-6244	52	4	successful	successful	ADJ
ajfa-6244	52	5	financial	financial	ADJ
ajfa-6244	52	6	reform	reform	NOUN
ajfa-6244	52	7	program	program	NOUN
ajfa-6244	52	8	has	have	VERB
ajfa-6244	52	9	to	to	PART
ajfa-6244	52	10	first	first	ADV
ajfa-6244	52	11	build	build	VERB
ajfa-6244	52	12	a	a	DET
ajfa-6244	52	13	stable	stable	ADJ
ajfa-6244	52	14	economic	economic	ADJ
ajfa-6244	52	15	and	and	CCONJ
ajfa-6244	52	16	financial	financial	ADJ
ajfa-6244	52	17	environment	environment	NOUN
ajfa-6244	52	18	.	.	PUNCT
ajfa-6244	53	1	after	after	ADP
ajfa-6244	53	2	the	the	DET
ajfa-6244	53	3	1997	1997	NUM
ajfa-6244	53	4	asian	asian	ADJ
ajfa-6244	53	5	financial	financial	ADJ
ajfa-6244	53	6	crisis	crisis	NOUN
ajfa-6244	53	7	,	,	PUNCT
ajfa-6244	53	8	many	many	ADJ
ajfa-6244	53	9	countries	country	NOUN
ajfa-6244	53	10	reformed	reform	VERB
ajfa-6244	53	11	their	their	PRON
ajfa-6244	53	12	banks	bank	NOUN
ajfa-6244	53	13	by	by	ADP
ajfa-6244	53	14	closing	close	VERB
ajfa-6244	53	15	universal	universal	ADJ
ajfa-6244	53	16	banks	bank	NOUN
ajfa-6244	53	17	,	,	PUNCT
ajfa-6244	53	18	transferring	transfer	VERB
ajfa-6244	53	19	bank	bank	NOUN
ajfa-6244	53	20	assets	asset	NOUN
ajfa-6244	53	21	to	to	ADP
ajfa-6244	53	22	healthier	healthy	ADJ
ajfa-6244	53	23	banks	bank	NOUN
ajfa-6244	53	24	,	,	PUNCT
ajfa-6244	53	25	setting	set	VERB
ajfa-6244	53	26	up	up	ADP
ajfa-6244	53	27	core	core	NOUN
ajfa-6244	53	28	banking	banking	NOUN
ajfa-6244	53	29	billing	billing	NOUN
ajfa-6244	53	30	systems	system	NOUN
ajfa-6244	53	31	(	(	PUNCT
ajfa-6244	53	32	the	the	DET
ajfa-6244	53	33	it	it	PRON
ajfa-6244	53	34	systems	system	NOUN
ajfa-6244	53	35	that	that	PRON
ajfa-6244	53	36	dealt	deal	VERB
ajfa-6244	53	37	with	with	ADP
ajfa-6244	53	38	business	business	NOUN
ajfa-6244	53	39	,	,	PUNCT
ajfa-6244	53	40	accounting	accounting	NOUN
ajfa-6244	53	41	,	,	PUNCT
ajfa-6244	53	42	and	and	CCONJ
ajfa-6244	53	43	bills	bill	NOUN
ajfa-6244	53	44	)	)	PUNCT
ajfa-6244	53	45	,	,	PUNCT
ajfa-6244	53	46	transferring	transfer	VERB
ajfa-6244	53	47	non	non	ADJ
ajfa-6244	53	48	-	-	ADJ
ajfa-6244	53	49	performing	perform	VERB
ajfa-6244	53	50	assets	asset	NOUN
ajfa-6244	53	51	to	to	ADP
ajfa-6244	53	52	government	government	NOUN
ajfa-6244	53	53	institutions	institution	NOUN
ajfa-6244	53	54	or	or	CCONJ
ajfa-6244	53	55	asset	asset	NOUN
ajfa-6244	53	56	management	management	NOUN
ajfa-6244	53	57	companies	company	NOUN
ajfa-6244	53	58	,	,	PUNCT
ajfa-6244	53	59	and	and	CCONJ
ajfa-6244	53	60	adding	add	VERB
ajfa-6244	53	61	new	new	ADJ
ajfa-6244	53	62	assets	asset	NOUN
ajfa-6244	53	63	into	into	ADP
ajfa-6244	53	64	banks	bank	NOUN
ajfa-6244	53	65	for	for	ADP
ajfa-6244	53	66	reorganization	reorganization	NOUN
ajfa-6244	53	67	(	(	PUNCT
ajfa-6244	53	68	williams	williams	PROPN
ajfa-6244	53	69	and	and	CCONJ
ajfa-6244	53	70	nguyen	nguyen	PROPN
ajfa-6244	53	71	,	,	PUNCT
ajfa-6244	53	72	2005	2005	NUM
ajfa-6244	53	73	)	)	PUNCT
ajfa-6244	53	74	.	.	PUNCT
ajfa-6244	54	1	they	they	PRON
ajfa-6244	54	2	also	also	ADV
ajfa-6244	54	3	adopted	adopt	VERB
ajfa-6244	54	4	international	international	ADJ
ajfa-6244	54	5	standards	standard	NOUN
ajfa-6244	54	6	of	of	ADP
ajfa-6244	54	7	banking	banking	NOUN
ajfa-6244	54	8	supervision	supervision	NOUN
ajfa-6244	54	9	and	and	CCONJ
ajfa-6244	54	10	regulation	regulation	NOUN
ajfa-6244	54	11	to	to	PART
ajfa-6244	54	12	build	build	VERB
ajfa-6244	54	13	a	a	DET
ajfa-6244	54	14	healthy	healthy	ADJ
ajfa-6244	54	15	financial	financial	ADJ
ajfa-6244	54	16	environment	environment	NOUN
ajfa-6244	54	17	such	such	ADJ
ajfa-6244	54	18	as	as	ADP
ajfa-6244	54	19	laws	law	NOUN
ajfa-6244	54	20	regarding	regard	VERB
ajfa-6244	54	21	capital	capital	NOUN
ajfa-6244	54	22	adequacy	adequacy	NOUN
ajfa-6244	54	23	ratios	ratio	NOUN
ajfa-6244	54	24	,	,	PUNCT
ajfa-6244	54	25	loan	loan	NOUN
ajfa-6244	54	26	levels	level	NOUN
ajfa-6244	54	27	,	,	PUNCT
ajfa-6244	54	28	and	and	CCONJ
ajfa-6244	54	29	loan	loan	NOUN
ajfa-6244	54	30	loss	loss	NOUN
ajfa-6244	54	31	reserves	reserve	NOUN
ajfa-6244	54	32	(	(	PUNCT
ajfa-6244	54	33	lindgren	lindgren	PROPN
ajfa-6244	54	34	et	et	PROPN
ajfa-6244	54	35	al	al	PROPN
ajfa-6244	54	36	.	.	PROPN
ajfa-6244	54	37	,	,	PUNCT
ajfa-6244	54	38	2000	2000	NUM
ajfa-6244	54	39	)	)	PUNCT
ajfa-6244	54	40	.	.	PUNCT
ajfa-6244	55	1	2.2	2.2	NUM
ajfa-6244	55	2	cross	cross	ADJ
ajfa-6244	55	3	-	-	ADJ
ajfa-6244	55	4	country	country	ADJ
ajfa-6244	55	5	analysis	analysis	NOUN
ajfa-6244	55	6	of	of	ADP
ajfa-6244	55	7	bank	bank	NOUN
ajfa-6244	55	8	efficiency	efficiency	NOUN
ajfa-6244	55	9	in	in	ADP
ajfa-6244	55	10	lim	lim	PROPN
ajfa-6244	55	11	and	and	CCONJ
ajfa-6244	55	12	randhawa	randhawa	PROPN
ajfa-6244	55	13	’	'	PUNCT
ajfa-6244	55	14	(	(	PUNCT
ajfa-6244	55	15	2005	2005	NUM
ajfa-6244	55	16	)	)	PUNCT
ajfa-6244	55	17	comparison	comparison	NOUN
ajfa-6244	55	18	of	of	ADP
ajfa-6244	55	19	banking	banking	NOUN
ajfa-6244	55	20	efficiency	efficiency	NOUN
ajfa-6244	55	21	in	in	ADP
ajfa-6244	55	22	hong	hong	PROPN
ajfa-6244	55	23	kong	kong	PROPN
ajfa-6244	55	24	and	and	CCONJ
ajfa-6244	55	25	singapore	singapore	PROPN
ajfa-6244	55	26	,	,	PUNCT
ajfa-6244	55	27	which	which	PRON
ajfa-6244	55	28	was	be	AUX
ajfa-6244	55	29	based	base	VERB
ajfa-6244	55	30	on	on	ADP
ajfa-6244	55	31	banks	bank	NOUN
ajfa-6244	55	32	playing	play	VERB
ajfa-6244	55	33	the	the	DET
ajfa-6244	55	34	two	two	NUM
ajfa-6244	55	35	roles	role	NOUN
ajfa-6244	55	36	with	with	ADP
ajfa-6244	55	37	equal	equal	ADJ
ajfa-6244	55	38	importance	importance	NOUN
ajfa-6244	55	39	.	.	PUNCT
ajfa-6244	56	1	the	the	DET
ajfa-6244	56	2	study	study	NOUN
ajfa-6244	56	3	assessed	assess	VERB
ajfa-6244	56	4	the	the	DET
ajfa-6244	56	5	overall	overall	ADJ
ajfa-6244	56	6	efficiency	efficiency	NOUN
ajfa-6244	56	7	through	through	ADP
ajfa-6244	56	8	the	the	DET
ajfa-6244	56	9	average	average	ADJ
ajfa-6244	56	10	efficiency	efficiency	NOUN
ajfa-6244	56	11	values	value	NOUN
ajfa-6244	56	12	for	for	ADP
ajfa-6244	56	13	the	the	DET
ajfa-6244	56	14	production	production	NOUN
ajfa-6244	56	15	and	and	CCONJ
ajfa-6244	56	16	asian	asian	ADJ
ajfa-6244	56	17	journal	journal	NOUN
ajfa-6244	56	18	of	of	ADP
ajfa-6244	56	19	finance	finance	PROPN
ajfa-6244	56	20	&	&	CCONJ
ajfa-6244	56	21	accounting	accounting	PROPN
ajfa-6244	56	22	issn	issn	PROPN
ajfa-6244	56	23	1946	1946	NUM
ajfa-6244	56	24	-	-	PUNCT
ajfa-6244	56	25	052x	052x	PROPN
ajfa-6244	56	26	2014	2014	NUM
ajfa-6244	56	27	,	,	PUNCT
ajfa-6244	56	28	vol	vol	NOUN
ajfa-6244	56	29	.	.	PROPN
ajfa-6244	56	30	6	6	NUM
ajfa-6244	56	31	,	,	PUNCT
ajfa-6244	56	32	no	no	INTJ
ajfa-6244	56	33	.	.	NOUN
ajfa-6244	56	34	2	2	NUM
ajfa-6244	56	35	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	56	36	473	473	NUM
ajfa-6244	56	37	intermediation	intermediation	NOUN
ajfa-6244	56	38	stages	stage	NOUN
ajfa-6244	56	39	.	.	PUNCT
ajfa-6244	57	1	according	accord	VERB
ajfa-6244	57	2	to	to	ADP
ajfa-6244	57	3	the	the	DET
ajfa-6244	57	4	empirical	empirical	ADJ
ajfa-6244	57	5	results	result	NOUN
ajfa-6244	57	6	,	,	PUNCT
ajfa-6244	57	7	banking	banking	NOUN
ajfa-6244	57	8	efficiency	efficiency	NOUN
ajfa-6244	57	9	value	value	NOUN
ajfa-6244	57	10	for	for	ADP
ajfa-6244	57	11	singapore	singapore	PROPN
ajfa-6244	57	12	was	be	AUX
ajfa-6244	57	13	higher	high	ADJ
ajfa-6244	57	14	in	in	ADP
ajfa-6244	57	15	the	the	DET
ajfa-6244	57	16	production	production	NOUN
ajfa-6244	57	17	stage	stage	NOUN
ajfa-6244	57	18	than	than	ADP
ajfa-6244	57	19	that	that	PRON
ajfa-6244	57	20	for	for	ADP
ajfa-6244	57	21	hong	hong	PROPN
ajfa-6244	57	22	kong	kong	PROPN
ajfa-6244	57	23	.	.	PUNCT
ajfa-6244	58	1	the	the	DET
ajfa-6244	58	2	main	main	ADJ
ajfa-6244	58	3	reason	reason	NOUN
ajfa-6244	58	4	for	for	ADP
ajfa-6244	58	5	this	this	DET
ajfa-6244	58	6	finding	finding	NOUN
ajfa-6244	58	7	was	be	AUX
ajfa-6244	58	8	that	that	SCONJ
ajfa-6244	58	9	the	the	DET
ajfa-6244	58	10	hong	hong	PROPN
ajfa-6244	58	11	kong	kong	PROPN
ajfa-6244	58	12	monetary	monetary	PROPN
ajfa-6244	58	13	authority	authority	PROPN
ajfa-6244	58	14	raised	raise	VERB
ajfa-6244	58	15	the	the	DET
ajfa-6244	58	16	interbank	interbank	NOUN
ajfa-6244	58	17	overnight	overnight	ADJ
ajfa-6244	58	18	rate	rate	NOUN
ajfa-6244	58	19	(	(	PUNCT
ajfa-6244	58	20	soaring	soar	VERB
ajfa-6244	58	21	to	to	ADP
ajfa-6244	58	22	300	300	NUM
ajfa-6244	58	23	%	%	NOUN
ajfa-6244	58	24	on	on	ADP
ajfa-6244	58	25	october	october	PROPN
ajfa-6244	58	26	23	23	NUM
ajfa-6244	58	27	,	,	PUNCT
ajfa-6244	58	28	1997	1997	NUM
ajfa-6244	58	29	)	)	PUNCT
ajfa-6244	58	30	to	to	PART
ajfa-6244	58	31	prevent	prevent	VERB
ajfa-6244	58	32	speculators	speculator	NOUN
ajfa-6244	58	33	from	from	ADP
ajfa-6244	58	34	attacking	attack	VERB
ajfa-6244	58	35	the	the	DET
ajfa-6244	58	36	hong	hong	PROPN
ajfa-6244	58	37	kong	kong	PROPN
ajfa-6244	58	38	dollar	dollar	NOUN
ajfa-6244	58	39	,	,	PUNCT
ajfa-6244	58	40	which	which	PRON
ajfa-6244	58	41	in	in	ADP
ajfa-6244	58	42	turn	turn	NOUN
ajfa-6244	58	43	led	lead	VERB
ajfa-6244	58	44	to	to	ADP
ajfa-6244	58	45	a	a	DET
ajfa-6244	58	46	rise	rise	NOUN
ajfa-6244	58	47	in	in	ADP
ajfa-6244	58	48	capital	capital	NOUN
ajfa-6244	58	49	costs	cost	NOUN
ajfa-6244	58	50	.	.	PUNCT
ajfa-6244	59	1	the	the	DET
ajfa-6244	59	2	1997	1997	NUM
ajfa-6244	59	3	financial	financial	ADJ
ajfa-6244	59	4	crisis	crisis	NOUN
ajfa-6244	59	5	also	also	ADV
ajfa-6244	59	6	made	make	VERB
ajfa-6244	59	7	deposits	deposit	NOUN
ajfa-6244	59	8	in	in	ADP
ajfa-6244	59	9	hong	hong	PROPN
ajfa-6244	59	10	kong	kong	PROPN
ajfa-6244	59	11	banks	bank	NOUN
ajfa-6244	59	12	very	very	ADV
ajfa-6244	59	13	unstable	unstable	ADJ
ajfa-6244	59	14	and	and	CCONJ
ajfa-6244	59	15	caused	cause	VERB
ajfa-6244	59	16	the	the	DET
ajfa-6244	59	17	deposit	deposit	NOUN
ajfa-6244	59	18	growth	growth	NOUN
ajfa-6244	59	19	rate	rate	NOUN
ajfa-6244	59	20	to	to	PART
ajfa-6244	59	21	decline	decline	VERB
ajfa-6244	59	22	.	.	PUNCT
ajfa-6244	60	1	the	the	DET
ajfa-6244	60	2	banks	bank	NOUN
ajfa-6244	60	3	competed	compete	VERB
ajfa-6244	60	4	with	with	ADP
ajfa-6244	60	5	one	one	NUM
ajfa-6244	60	6	another	another	DET
ajfa-6244	60	7	,	,	PUNCT
ajfa-6244	60	8	and	and	CCONJ
ajfa-6244	60	9	increased	increase	VERB
ajfa-6244	60	10	their	their	PRON
ajfa-6244	60	11	capital	capital	NOUN
ajfa-6244	60	12	costs	cost	NOUN
ajfa-6244	60	13	to	to	PART
ajfa-6244	60	14	gain	gain	VERB
ajfa-6244	60	15	deposits	deposit	NOUN
ajfa-6244	60	16	.	.	PUNCT
ajfa-6244	61	1	however	however	ADV
ajfa-6244	61	2	,	,	PUNCT
ajfa-6244	61	3	the	the	DET
ajfa-6244	61	4	interest	interest	NOUN
ajfa-6244	61	5	rate	rate	NOUN
ajfa-6244	61	6	in	in	ADP
ajfa-6244	61	7	singapore	singapore	PROPN
ajfa-6244	61	8	was	be	AUX
ajfa-6244	61	9	more	more	ADV
ajfa-6244	61	10	stable	stable	ADJ
ajfa-6244	61	11	than	than	ADP
ajfa-6244	61	12	in	in	ADP
ajfa-6244	61	13	hong	hong	PROPN
ajfa-6244	61	14	kong	kong	PROPN
ajfa-6244	61	15	.	.	PUNCT
ajfa-6244	62	1	in	in	ADP
ajfa-6244	62	2	this	this	DET
ajfa-6244	62	3	way	way	NOUN
ajfa-6244	62	4	,	,	PUNCT
ajfa-6244	62	5	singapore	singapore	PROPN
ajfa-6244	62	6	maintained	maintain	VERB
ajfa-6244	62	7	a	a	DET
ajfa-6244	62	8	stable	stable	ADJ
ajfa-6244	62	9	efficiency	efficiency	NOUN
ajfa-6244	62	10	value	value	NOUN
ajfa-6244	62	11	in	in	ADP
ajfa-6244	62	12	the	the	DET
ajfa-6244	62	13	production	production	NOUN
ajfa-6244	62	14	stage	stage	NOUN
ajfa-6244	62	15	.	.	PUNCT
ajfa-6244	63	1	nevertheless	nevertheless	ADV
ajfa-6244	63	2	,	,	PUNCT
ajfa-6244	63	3	hong	hong	PROPN
ajfa-6244	63	4	kong	kong	PROPN
ajfa-6244	63	5	had	have	VERB
ajfa-6244	63	6	a	a	DET
ajfa-6244	63	7	higher	high	ADJ
ajfa-6244	63	8	efficiency	efficiency	NOUN
ajfa-6244	63	9	value	value	NOUN
ajfa-6244	63	10	in	in	ADP
ajfa-6244	63	11	the	the	DET
ajfa-6244	63	12	intermediation	intermediation	NOUN
ajfa-6244	63	13	stage	stage	NOUN
ajfa-6244	63	14	mainly	mainly	ADV
ajfa-6244	63	15	because	because	SCONJ
ajfa-6244	63	16	singapore	singapore	PROPN
ajfa-6244	63	17	had	have	VERB
ajfa-6244	63	18	tremendously	tremendously	ADV
ajfa-6244	63	19	high	high	ADJ
ajfa-6244	63	20	capital	capital	NOUN
ajfa-6244	63	21	adequacy	adequacy	NOUN
ajfa-6244	63	22	ratio	ratio	NOUN
ajfa-6244	63	23	,	,	PUNCT
ajfa-6244	63	24	reserve	reserve	NOUN
ajfa-6244	63	25	ratio	ratio	NOUN
ajfa-6244	63	26	,	,	PUNCT
ajfa-6244	63	27	minimum	minimum	ADJ
ajfa-6244	63	28	liquid	liquid	ADJ
ajfa-6244	63	29	asset	asset	NOUN
ajfa-6244	63	30	(	(	PUNCT
ajfa-6244	63	31	18	18	NUM
ajfa-6244	63	32	%	%	NOUN
ajfa-6244	63	33	of	of	ADP
ajfa-6244	63	34	gross	gross	ADJ
ajfa-6244	63	35	debt	debt	NOUN
ajfa-6244	63	36	)	)	PUNCT
ajfa-6244	63	37	,	,	PUNCT
ajfa-6244	63	38	and	and	CCONJ
ajfa-6244	63	39	minimum	minimum	ADJ
ajfa-6244	63	40	cash	cash	NOUN
ajfa-6244	63	41	balance	balance	NOUN
ajfa-6244	63	42	(	(	PUNCT
ajfa-6244	63	43	3	3	NUM
ajfa-6244	63	44	%	%	NOUN
ajfa-6244	63	45	of	of	ADP
ajfa-6244	63	46	gross	gross	ADJ
ajfa-6244	63	47	debt	debt	NOUN
ajfa-6244	63	48	)	)	PUNCT
ajfa-6244	63	49	requirements	requirement	NOUN
ajfa-6244	63	50	,	,	PUNCT
ajfa-6244	63	51	in	in	ADP
ajfa-6244	63	52	addition	addition	NOUN
ajfa-6244	63	53	to	to	ADP
ajfa-6244	63	54	conservative	conservative	ADJ
ajfa-6244	63	55	loan	loan	NOUN
ajfa-6244	63	56	strategies	strategy	NOUN
ajfa-6244	63	57	.	.	PUNCT
ajfa-6244	64	1	this	this	DET
ajfa-6244	64	2	economic	economic	ADJ
ajfa-6244	64	3	scenario	scenario	NOUN
ajfa-6244	64	4	applies	apply	VERB
ajfa-6244	64	5	that	that	SCONJ
ajfa-6244	64	6	,	,	PUNCT
ajfa-6244	64	7	if	if	SCONJ
ajfa-6244	64	8	the	the	DET
ajfa-6244	64	9	singaporean	singaporean	ADJ
ajfa-6244	64	10	government	government	NOUN
ajfa-6244	64	11	wishes	wish	VERB
ajfa-6244	64	12	to	to	PART
ajfa-6244	64	13	improve	improve	VERB
ajfa-6244	64	14	the	the	DET
ajfa-6244	64	15	performance	performance	NOUN
ajfa-6244	64	16	of	of	ADP
ajfa-6244	64	17	the	the	DET
ajfa-6244	64	18	banks	bank	NOUN
ajfa-6244	64	19	as	as	ADP
ajfa-6244	64	20	intermediaries	intermediary	NOUN
ajfa-6244	64	21	,	,	PUNCT
ajfa-6244	64	22	they	they	PRON
ajfa-6244	64	23	need	need	VERB
ajfa-6244	64	24	to	to	PART
ajfa-6244	64	25	loosen	loosen	VERB
ajfa-6244	64	26	their	their	PRON
ajfa-6244	64	27	regulations	regulation	NOUN
ajfa-6244	64	28	and	and	CCONJ
ajfa-6244	64	29	create	create	VERB
ajfa-6244	64	30	a	a	DET
ajfa-6244	64	31	more	more	ADV
ajfa-6244	64	32	competitive	competitive	ADJ
ajfa-6244	64	33	environment	environment	NOUN
ajfa-6244	64	34	,	,	PUNCT
ajfa-6244	64	35	providing	provide	VERB
ajfa-6244	64	36	banks	bank	NOUN
ajfa-6244	64	37	with	with	ADP
ajfa-6244	64	38	motivation	motivation	NOUN
ajfa-6244	64	39	for	for	ADP
ajfa-6244	64	40	more	more	ADJ
ajfa-6244	64	41	investment	investment	NOUN
ajfa-6244	64	42	and	and	CCONJ
ajfa-6244	64	43	loan	loan	NOUN
ajfa-6244	64	44	activities	activity	NOUN
ajfa-6244	64	45	.	.	PUNCT
ajfa-6244	65	1	sufian	sufian	PROPN
ajfa-6244	65	2	(	(	PUNCT
ajfa-6244	65	3	2009	2009	NUM
ajfa-6244	65	4	)	)	PUNCT
ajfa-6244	65	5	assessed	assess	VERB
ajfa-6244	65	6	the	the	DET
ajfa-6244	65	7	factors	factor	NOUN
ajfa-6244	65	8	determining	determine	VERB
ajfa-6244	65	9	banking	banking	NOUN
ajfa-6244	65	10	efficiency	efficiency	NOUN
ajfa-6244	65	11	in	in	ADP
ajfa-6244	65	12	thailand	thailand	PROPN
ajfa-6244	65	13	and	and	CCONJ
ajfa-6244	65	14	malaysia	malaysia	PROPN
ajfa-6244	65	15	via	via	ADP
ajfa-6244	65	16	tobit	tobit	PROPN
ajfa-6244	65	17	regression	regression	PROPN
ajfa-6244	65	18	analysis	analysis	NOUN
ajfa-6244	65	19	.	.	PUNCT
ajfa-6244	66	1	in	in	ADP
ajfa-6244	66	2	malaysia	malaysia	PROPN
ajfa-6244	66	3	banking	banking	NOUN
ajfa-6244	66	4	sector	sector	NOUN
ajfa-6244	66	5	,	,	PUNCT
ajfa-6244	66	6	the	the	DET
ajfa-6244	66	7	author	author	NOUN
ajfa-6244	66	8	finds	find	VERB
ajfa-6244	66	9	that	that	SCONJ
ajfa-6244	66	10	in	in	ADP
ajfa-6244	66	11	the	the	DET
ajfa-6244	66	12	operating	operating	NOUN
ajfa-6244	66	13	approach	approach	NOUN
ajfa-6244	66	14	,	,	PUNCT
ajfa-6244	66	15	the	the	DET
ajfa-6244	66	16	scale	scale	NOUN
ajfa-6244	66	17	of	of	ADP
ajfa-6244	66	18	deposits	deposit	NOUN
ajfa-6244	66	19	to	to	PART
ajfa-6244	66	20	be	be	AUX
ajfa-6244	66	21	positively	positively	ADV
ajfa-6244	66	22	correlated	correlate	VERB
ajfa-6244	66	23	with	with	ADP
ajfa-6244	66	24	efficiency	efficiency	NOUN
ajfa-6244	66	25	and	and	CCONJ
ajfa-6244	66	26	that	that	SCONJ
ajfa-6244	66	27	the	the	PRON
ajfa-6244	66	28	higher	high	ADJ
ajfa-6244	66	29	the	the	DET
ajfa-6244	66	30	market	market	NOUN
ajfa-6244	66	31	share	share	NOUN
ajfa-6244	66	32	a	a	DET
ajfa-6244	66	33	bank	bank	NOUN
ajfa-6244	66	34	has	have	VERB
ajfa-6244	66	35	,	,	PUNCT
ajfa-6244	66	36	the	the	DET
ajfa-6244	66	37	more	more	ADV
ajfa-6244	66	38	efficient	efficient	ADJ
ajfa-6244	66	39	it	it	PRON
ajfa-6244	66	40	is	be	AUX
ajfa-6244	66	41	.	.	PUNCT
ajfa-6244	67	1	meanwhile	meanwhile	ADV
ajfa-6244	67	2	,	,	PUNCT
ajfa-6244	67	3	the	the	DET
ajfa-6244	67	4	ratio	ratio	NOUN
ajfa-6244	67	5	of	of	ADP
ajfa-6244	67	6	loans	loan	NOUN
ajfa-6244	67	7	to	to	ADP
ajfa-6244	67	8	total	total	ADJ
ajfa-6244	67	9	assets	asset	NOUN
ajfa-6244	67	10	in	in	ADP
ajfa-6244	67	11	the	the	DET
ajfa-6244	67	12	intermediary	intermediary	ADJ
ajfa-6244	67	13	approach	approach	NOUN
ajfa-6244	67	14	was	be	AUX
ajfa-6244	67	15	found	find	VERB
ajfa-6244	67	16	to	to	PART
ajfa-6244	67	17	be	be	AUX
ajfa-6244	67	18	positively	positively	ADV
ajfa-6244	67	19	correlated	correlate	VERB
ajfa-6244	67	20	with	with	ADP
ajfa-6244	67	21	efficiency	efficiency	NOUN
ajfa-6244	67	22	values	value	NOUN
ajfa-6244	67	23	.	.	PUNCT
ajfa-6244	68	1	in	in	ADP
ajfa-6244	68	2	contrast	contrast	NOUN
ajfa-6244	68	3	,	,	PUNCT
ajfa-6244	68	4	the	the	DET
ajfa-6244	68	5	factor	factor	NOUN
ajfa-6244	68	6	negatively	negatively	ADV
ajfa-6244	68	7	correlated	correlate	VERB
ajfa-6244	68	8	with	with	ADP
ajfa-6244	68	9	efficiency	efficiency	NOUN
ajfa-6244	68	10	is	be	AUX
ajfa-6244	68	11	asset	asset	NOUN
ajfa-6244	68	12	size	size	NOUN
ajfa-6244	68	13	,	,	PUNCT
ajfa-6244	68	14	which	which	PRON
ajfa-6244	68	15	means	mean	VERB
ajfa-6244	68	16	that	that	SCONJ
ajfa-6244	68	17	the	the	DET
ajfa-6244	68	18	current	current	ADJ
ajfa-6244	68	19	asset	asset	NOUN
ajfa-6244	68	20	size	size	NOUN
ajfa-6244	68	21	for	for	ADP
ajfa-6244	68	22	banks	bank	NOUN
ajfa-6244	68	23	in	in	ADP
ajfa-6244	68	24	malaysia	malaysia	PROPN
ajfa-6244	68	25	is	be	AUX
ajfa-6244	68	26	not	not	PART
ajfa-6244	68	27	sufficient	sufficient	ADJ
ajfa-6244	68	28	for	for	ADP
ajfa-6244	68	29	cost	cost	NOUN
ajfa-6244	68	30	minimization	minimization	NOUN
ajfa-6244	68	31	.	.	PUNCT
ajfa-6244	69	1	notably	notably	ADV
ajfa-6244	69	2	,	,	PUNCT
ajfa-6244	69	3	the	the	DET
ajfa-6244	69	4	ratio	ratio	NOUN
ajfa-6244	69	5	of	of	ADP
ajfa-6244	69	6	loan	loan	NOUN
ajfa-6244	69	7	loss	loss	NOUN
ajfa-6244	69	8	reserves	reserve	NOUN
ajfa-6244	69	9	to	to	ADP
ajfa-6244	69	10	total	total	ADJ
ajfa-6244	69	11	loans	loan	NOUN
ajfa-6244	69	12	shows	show	VERB
ajfa-6244	69	13	a	a	DET
ajfa-6244	69	14	positive	positive	ADJ
ajfa-6244	69	15	correlation	correlation	NOUN
ajfa-6244	69	16	in	in	ADP
ajfa-6244	69	17	the	the	DET
ajfa-6244	69	18	operating	operating	NOUN
ajfa-6244	69	19	approach	approach	NOUN
ajfa-6244	69	20	.	.	PUNCT
ajfa-6244	70	1	this	this	DET
ajfa-6244	70	2	result	result	NOUN
ajfa-6244	70	3	can	can	AUX
ajfa-6244	70	4	be	be	AUX
ajfa-6244	70	5	explained	explain	VERB
ajfa-6244	70	6	by	by	ADP
ajfa-6244	70	7	the	the	DET
ajfa-6244	70	8	skimping	skimp	VERB
ajfa-6244	70	9	hypothesis	hypothesis	NOUN
ajfa-6244	70	10	of	of	ADP
ajfa-6244	70	11	berger	berger	PROPN
ajfa-6244	70	12	and	and	CCONJ
ajfa-6244	70	13	deyoung	deyoung	PROPN
ajfa-6244	70	14	(	(	PUNCT
ajfa-6244	70	15	1997	1997	NUM
ajfa-6244	70	16	)	)	PUNCT
ajfa-6244	70	17	,	,	PUNCT
ajfa-6244	70	18	which	which	PRON
ajfa-6244	70	19	posits	posit	VERB
ajfa-6244	70	20	that	that	SCONJ
ajfa-6244	70	21	an	an	DET
ajfa-6244	70	22	efficient	efficient	ADJ
ajfa-6244	70	23	bank	bank	NOUN
ajfa-6244	70	24	usually	usually	ADV
ajfa-6244	70	25	tightens	tighten	VERB
ajfa-6244	70	26	its	its	PRON
ajfa-6244	70	27	costs	cost	NOUN
ajfa-6244	70	28	in	in	ADP
ajfa-6244	70	29	a	a	DET
ajfa-6244	70	30	short	short	ADJ
ajfa-6244	70	31	-	-	PUNCT
ajfa-6244	70	32	term	term	NOUN
ajfa-6244	70	33	period	period	NOUN
ajfa-6244	70	34	to	to	PART
ajfa-6244	70	35	achieve	achieve	VERB
ajfa-6244	70	36	long	long	ADJ
ajfa-6244	70	37	-	-	PUNCT
ajfa-6244	70	38	term	term	NOUN
ajfa-6244	70	39	profits	profit	NOUN
ajfa-6244	70	40	.	.	PUNCT
ajfa-6244	71	1	this	this	DET
ajfa-6244	71	2	action	action	NOUN
ajfa-6244	71	3	will	will	AUX
ajfa-6244	71	4	not	not	PART
ajfa-6244	71	5	only	only	ADV
ajfa-6244	71	6	lower	lower	VERB
ajfa-6244	71	7	the	the	DET
ajfa-6244	71	8	costs	cost	NOUN
ajfa-6244	71	9	of	of	ADP
ajfa-6244	71	10	monitoring	monitor	VERB
ajfa-6244	71	11	loans	loan	NOUN
ajfa-6244	71	12	but	but	CCONJ
ajfa-6244	71	13	also	also	ADV
ajfa-6244	71	14	bring	bring	VERB
ajfa-6244	71	15	a	a	DET
ajfa-6244	71	16	high	high	ADJ
ajfa-6244	71	17	possibility	possibility	NOUN
ajfa-6244	71	18	of	of	ADP
ajfa-6244	71	19	non	non	ADJ
ajfa-6244	71	20	-	-	ADJ
ajfa-6244	71	21	performing	perform	VERB
ajfa-6244	71	22	loans	loan	NOUN
ajfa-6244	71	23	.	.	PUNCT
ajfa-6244	72	1	therefore	therefore	ADV
ajfa-6244	72	2	,	,	PUNCT
ajfa-6244	72	3	more	more	ADJ
ajfa-6244	72	4	reserves	reserve	NOUN
ajfa-6244	72	5	for	for	ADP
ajfa-6244	72	6	non	non	ADJ
ajfa-6244	72	7	-	-	ADJ
ajfa-6244	72	8	performing	performing	ADJ
ajfa-6244	72	9	loans	loan	NOUN
ajfa-6244	72	10	are	be	AUX
ajfa-6244	72	11	required	require	VERB
ajfa-6244	72	12	.	.	PUNCT
ajfa-6244	73	1	the	the	DET
ajfa-6244	73	2	ratio	ratio	NOUN
ajfa-6244	73	3	of	of	ADP
ajfa-6244	73	4	non	non	ADJ
ajfa-6244	73	5	-	-	ADJ
ajfa-6244	73	6	interest	interest	ADJ
ajfa-6244	73	7	expenses	expense	NOUN
ajfa-6244	73	8	to	to	ADP
ajfa-6244	73	9	total	total	ADJ
ajfa-6244	73	10	assets	asset	NOUN
ajfa-6244	73	11	is	be	AUX
ajfa-6244	73	12	negatively	negatively	ADV
ajfa-6244	73	13	correlated	correlate	VERB
ajfa-6244	73	14	with	with	ADP
ajfa-6244	73	15	efficiency	efficiency	NOUN
ajfa-6244	73	16	values	value	NOUN
ajfa-6244	73	17	in	in	ADP
ajfa-6244	73	18	the	the	DET
ajfa-6244	73	19	value	value	NOUN
ajfa-6244	73	20	-	-	PUNCT
ajfa-6244	73	21	added	add	VERB
ajfa-6244	73	22	and	and	CCONJ
ajfa-6244	73	23	operating	operating	NOUN
ajfa-6244	73	24	approaches	approach	NOUN
ajfa-6244	73	25	,	,	PUNCT
ajfa-6244	73	26	but	but	CCONJ
ajfa-6244	73	27	positively	positively	ADV
ajfa-6244	73	28	correlated	correlate	VERB
ajfa-6244	73	29	with	with	ADP
ajfa-6244	73	30	efficiency	efficiency	NOUN
ajfa-6244	73	31	values	value	NOUN
ajfa-6244	73	32	in	in	ADP
ajfa-6244	73	33	the	the	DET
ajfa-6244	73	34	intermediary	intermediary	ADJ
ajfa-6244	73	35	approach	approach	NOUN
ajfa-6244	73	36	.	.	PUNCT
ajfa-6244	74	1	this	this	DET
ajfa-6244	74	2	result	result	NOUN
ajfa-6244	74	3	shows	show	VERB
ajfa-6244	74	4	that	that	SCONJ
ajfa-6244	74	5	malaysia	malaysia	PROPN
ajfa-6244	74	6	’s	’s	PART
ajfa-6244	74	7	bank	bank	NOUN
ajfa-6244	74	8	may	may	AUX
ajfa-6244	74	9	need	need	VERB
ajfa-6244	74	10	to	to	PART
ajfa-6244	74	11	input	input	VERB
ajfa-6244	74	12	more	more	ADJ
ajfa-6244	74	13	non	non	ADJ
ajfa-6244	74	14	-	-	ADJ
ajfa-6244	74	15	interest	interest	ADJ
ajfa-6244	74	16	expenses	expense	NOUN
ajfa-6244	74	17	to	to	PART
ajfa-6244	74	18	be	be	AUX
ajfa-6244	74	19	a	a	DET
ajfa-6244	74	20	highly	highly	ADV
ajfa-6244	74	21	efficient	efficient	ADJ
ajfa-6244	74	22	intermediary.1	intermediary.1	PROPN
ajfa-6244	74	23	in	in	ADP
ajfa-6244	74	24	the	the	DET
ajfa-6244	74	25	thailand	thailand	PROPN
ajfa-6244	74	26	banking	banking	NOUN
ajfa-6244	74	27	sector	sector	NOUN
ajfa-6244	74	28	,	,	PUNCT
ajfa-6244	74	29	the	the	DET
ajfa-6244	74	30	factor	factor	NOUN
ajfa-6244	74	31	positively	positively	ADV
ajfa-6244	74	32	correlated	correlate	VERB
ajfa-6244	74	33	with	with	ADP
ajfa-6244	74	34	efficiency	efficiency	NOUN
ajfa-6244	74	35	is	be	AUX
ajfa-6244	74	36	the	the	DET
ajfa-6244	74	37	ratio	ratio	NOUN
ajfa-6244	74	38	of	of	ADP
ajfa-6244	74	39	equity	equity	NOUN
ajfa-6244	74	40	to	to	ADP
ajfa-6244	74	41	assets	asset	NOUN
ajfa-6244	74	42	,	,	PUNCT
ajfa-6244	74	43	which	which	PRON
ajfa-6244	74	44	shows	show	VERB
ajfa-6244	74	45	significant	significant	ADJ
ajfa-6244	74	46	positive	positive	ADJ
ajfa-6244	74	47	correlation	correlation	NOUN
ajfa-6244	74	48	with	with	ADP
ajfa-6244	74	49	all	all	DET
ajfa-6244	74	50	the	the	DET
ajfa-6244	74	51	approaches	approach	NOUN
ajfa-6244	74	52	.	.	PUNCT
ajfa-6244	75	1	therefore	therefore	ADV
ajfa-6244	75	2	,	,	PUNCT
ajfa-6244	75	3	the	the	PRON
ajfa-6244	75	4	lower	low	ADJ
ajfa-6244	75	5	the	the	DET
ajfa-6244	75	6	leverage	leverage	NOUN
ajfa-6244	75	7	of	of	ADP
ajfa-6244	75	8	the	the	DET
ajfa-6244	75	9	thailand	thailand	PROPN
ajfa-6244	75	10	’s	’s	PROPN
ajfa-6244	75	11	bank	bank	PROPN
ajfa-6244	75	12	,	,	PUNCT
ajfa-6244	75	13	the	the	DET
ajfa-6244	75	14	more	more	ADV
ajfa-6244	75	15	efficient	efficient	ADJ
ajfa-6244	75	16	it	it	PRON
ajfa-6244	75	17	is	be	AUX
ajfa-6244	75	18	.	.	PUNCT
ajfa-6244	76	1	asset	asset	NOUN
ajfa-6244	76	2	size	size	NOUN
ajfa-6244	76	3	has	have	VERB
ajfa-6244	76	4	a	a	DET
ajfa-6244	76	5	significant	significant	ADJ
ajfa-6244	76	6	positive	positive	ADJ
ajfa-6244	76	7	relation	relation	NOUN
ajfa-6244	76	8	to	to	ADP
ajfa-6244	76	9	the	the	DET
ajfa-6244	76	10	value	value	NOUN
ajfa-6244	76	11	-	-	PUNCT
ajfa-6244	76	12	added	add	VERB
ajfa-6244	76	13	approach	approach	NOUN
ajfa-6244	76	14	,	,	PUNCT
ajfa-6244	76	15	which	which	PRON
ajfa-6244	76	16	shows	show	VERB
ajfa-6244	76	17	the	the	DET
ajfa-6244	76	18	existence	existence	NOUN
ajfa-6244	76	19	of	of	ADP
ajfa-6244	76	20	economy	economy	NOUN
ajfa-6244	76	21	of	of	ADP
ajfa-6244	76	22	scale	scale	NOUN
ajfa-6244	76	23	.	.	PUNCT
ajfa-6244	77	1	one	one	NUM
ajfa-6244	77	2	factor	factor	NOUN
ajfa-6244	77	3	that	that	PRON
ajfa-6244	77	4	has	have	VERB
ajfa-6244	77	5	a	a	DET
ajfa-6244	77	6	negative	negative	ADJ
ajfa-6244	77	7	relationship	relationship	NOUN
ajfa-6244	77	8	with	with	ADP
ajfa-6244	77	9	efficiency	efficiency	NOUN
ajfa-6244	77	10	is	be	AUX
ajfa-6244	77	11	the	the	DET
ajfa-6244	77	12	natural	natural	ADJ
ajfa-6244	77	13	log	log	NOUN
ajfa-6244	77	14	of	of	ADP
ajfa-6244	77	15	gdp	gdp	NOUN
ajfa-6244	77	16	in	in	ADP
ajfa-6244	77	17	the	the	DET
ajfa-6244	77	18	value	value	NOUN
ajfa-6244	77	19	-	-	PUNCT
ajfa-6244	77	20	added	add	VERB
ajfa-6244	77	21	approach	approach	NOUN
ajfa-6244	77	22	.	.	PUNCT
ajfa-6244	78	1	this	this	DET
ajfa-6244	78	2	negative	negative	ADJ
ajfa-6244	78	3	relationship	relationship	NOUN
ajfa-6244	78	4	may	may	AUX
ajfa-6244	78	5	be	be	AUX
ajfa-6244	78	6	due	due	ADJ
ajfa-6244	78	7	to	to	ADP
ajfa-6244	78	8	the	the	DET
ajfa-6244	78	9	great	great	ADJ
ajfa-6244	78	10	1	1	NUM
ajfa-6244	78	11	sathye	sathye	NOUN
ajfa-6244	78	12	(	(	PUNCT
ajfa-6244	78	13	2001	2001	NUM
ajfa-6244	78	14	)	)	PUNCT
ajfa-6244	78	15	claimed	claim	VERB
ajfa-6244	78	16	that	that	SCONJ
ajfa-6244	78	17	high	high	ADJ
ajfa-6244	78	18	salaries	salary	NOUN
ajfa-6244	78	19	and	and	CCONJ
ajfa-6244	78	20	management	management	NOUN
ajfa-6244	78	21	expenses	expense	NOUN
ajfa-6244	78	22	may	may	AUX
ajfa-6244	78	23	lead	lead	VERB
ajfa-6244	78	24	to	to	ADP
ajfa-6244	78	25	managers	manager	NOUN
ajfa-6244	78	26	being	be	AUX
ajfa-6244	78	27	more	more	ADV
ajfa-6244	78	28	professional	professional	ADJ
ajfa-6244	78	29	,	,	PUNCT
ajfa-6244	78	30	thereby	thereby	ADV
ajfa-6244	78	31	facilitating	facilitate	VERB
ajfa-6244	78	32	higher	high	ADJ
ajfa-6244	78	33	efficiency	efficiency	NOUN
ajfa-6244	78	34	values	value	NOUN
ajfa-6244	78	35	.	.	PUNCT
ajfa-6244	79	1	asian	asian	ADJ
ajfa-6244	79	2	journal	journal	PROPN
ajfa-6244	79	3	of	of	ADP
ajfa-6244	79	4	finance	finance	PROPN
ajfa-6244	79	5	&	&	CCONJ
ajfa-6244	79	6	accounting	accounting	PROPN
ajfa-6244	79	7	issn	issn	PROPN
ajfa-6244	79	8	1946	1946	NUM
ajfa-6244	79	9	-	-	PUNCT
ajfa-6244	79	10	052x	052x	PROPN
ajfa-6244	79	11	2014	2014	NUM
ajfa-6244	79	12	,	,	PUNCT
ajfa-6244	79	13	vol	vol	NOUN
ajfa-6244	79	14	.	.	PROPN
ajfa-6244	80	1	6	6	NUM
ajfa-6244	80	2	,	,	PUNCT
ajfa-6244	80	3	no	no	INTJ
ajfa-6244	80	4	.	.	NOUN
ajfa-6244	80	5	2	2	NUM
ajfa-6244	80	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6244	80	7	474	474	NUM
ajfa-6244	80	8	fluctuation	fluctuation	NOUN
ajfa-6244	80	9	in	in	ADP
ajfa-6244	80	10	the	the	DET
ajfa-6244	80	11	gdp	gdp	NOUN
ajfa-6244	80	12	growth	growth	NOUN
ajfa-6244	80	13	rate	rate	NOUN
ajfa-6244	80	14	in	in	ADP
ajfa-6244	80	15	thailand	thailand	PROPN
ajfa-6244	80	16	during	during	ADP
ajfa-6244	80	17	the	the	DET
ajfa-6244	80	18	sample	sample	NOUN
ajfa-6244	80	19	period	period	NOUN
ajfa-6244	80	20	,	,	PUNCT
ajfa-6244	80	21	which	which	PRON
ajfa-6244	80	22	resulted	result	VERB
ajfa-6244	80	23	in	in	ADP
ajfa-6244	80	24	less	less	ADJ
ajfa-6244	80	25	demand	demand	NOUN
ajfa-6244	80	26	for	for	ADP
ajfa-6244	80	27	financial	financial	ADJ
ajfa-6244	80	28	services	service	NOUN
ajfa-6244	80	29	and	and	CCONJ
ajfa-6244	80	30	caused	cause	VERB
ajfa-6244	80	31	the	the	DET
ajfa-6244	80	32	default	default	NOUN
ajfa-6244	80	33	rate	rate	NOUN
ajfa-6244	80	34	for	for	ADP
ajfa-6244	80	35	loans	loan	NOUN
ajfa-6244	80	36	to	to	PART
ajfa-6244	80	37	increase.2	increase.2	VERB
ajfa-6244	80	38	as	as	ADP
ajfa-6244	80	39	for	for	ADP
ajfa-6244	80	40	the	the	DET
ajfa-6244	80	41	relation	relation	NOUN
ajfa-6244	80	42	between	between	ADP
ajfa-6244	80	43	market	market	NOUN
ajfa-6244	80	44	concentration	concentration	NOUN
ajfa-6244	80	45	ratio	ratio	NOUN
ajfa-6244	80	46	and	and	CCONJ
ajfa-6244	80	47	efficiency	efficiency	NOUN
ajfa-6244	80	48	,	,	PUNCT
ajfa-6244	80	49	berger	berger	PROPN
ajfa-6244	80	50	and	and	CCONJ
ajfa-6244	80	51	humphrey	humphrey	PROPN
ajfa-6244	80	52	(	(	PUNCT
ajfa-6244	80	53	1997	1997	NUM
ajfa-6244	80	54	)	)	PUNCT
ajfa-6244	80	55	indicated	indicate	VERB
ajfa-6244	80	56	that	that	SCONJ
ajfa-6244	80	57	(	(	PUNCT
ajfa-6244	80	58	through	through	ADP
ajfa-6244	80	59	a	a	DET
ajfa-6244	80	60	consolidation	consolidation	NOUN
ajfa-6244	80	61	of	of	ADP
ajfa-6244	80	62	130	130	NUM
ajfa-6244	80	63	earlier	early	ADJ
ajfa-6244	80	64	studies	study	NOUN
ajfa-6244	80	65	of	of	ADP
ajfa-6244	80	66	banking	banking	NOUN
ajfa-6244	80	67	efficiency	efficiency	NOUN
ajfa-6244	80	68	)	)	PUNCT
ajfa-6244	80	69	market	market	NOUN
ajfa-6244	80	70	concentration	concentration	NOUN
ajfa-6244	80	71	ratio	ratio	NOUN
ajfa-6244	80	72	may	may	AUX
ajfa-6244	80	73	be	be	AUX
ajfa-6244	80	74	either	either	CCONJ
ajfa-6244	80	75	positively	positively	ADV
ajfa-6244	80	76	or	or	CCONJ
ajfa-6244	80	77	negatively	negatively	ADV
ajfa-6244	80	78	correlated	correlate	VERB
ajfa-6244	80	79	with	with	ADP
ajfa-6244	80	80	banking	banking	NOUN
ajfa-6244	80	81	efficiency	efficiency	NOUN
ajfa-6244	80	82	.	.	PUNCT
ajfa-6244	81	1	a	a	DET
ajfa-6244	81	2	positive	positive	ADJ
ajfa-6244	81	3	correlation	correlation	NOUN
ajfa-6244	81	4	may	may	AUX
ajfa-6244	81	5	be	be	AUX
ajfa-6244	81	6	due	due	ADJ
ajfa-6244	81	7	to	to	ADP
ajfa-6244	81	8	two	two	NUM
ajfa-6244	81	9	possible	possible	ADJ
ajfa-6244	81	10	reasons	reason	NOUN
ajfa-6244	81	11	.	.	PUNCT
ajfa-6244	82	1	first	first	ADV
ajfa-6244	82	2	,	,	PUNCT
ajfa-6244	82	3	the	the	PRON
ajfa-6244	82	4	higher	high	ADJ
ajfa-6244	82	5	the	the	DET
ajfa-6244	82	6	market	market	NOUN
ajfa-6244	82	7	share	share	NOUN
ajfa-6244	82	8	of	of	ADP
ajfa-6244	82	9	a	a	DET
ajfa-6244	82	10	firm	firm	NOUN
ajfa-6244	82	11	,	,	PUNCT
ajfa-6244	82	12	the	the	DET
ajfa-6244	82	13	more	more	ADJ
ajfa-6244	82	14	market	market	NOUN
ajfa-6244	82	15	power	power	NOUN
ajfa-6244	82	16	it	it	PRON
ajfa-6244	82	17	has	have	VERB
ajfa-6244	82	18	to	to	PART
ajfa-6244	82	19	negotiate	negotiate	VERB
ajfa-6244	82	20	prices	price	NOUN
ajfa-6244	82	21	and	and	CCONJ
ajfa-6244	82	22	gain	gain	VERB
ajfa-6244	82	23	more	more	ADJ
ajfa-6244	82	24	returns	return	NOUN
ajfa-6244	82	25	.	.	PUNCT
ajfa-6244	83	1	second	second	ADJ
ajfa-6244	83	2	,	,	PUNCT
ajfa-6244	83	3	in	in	ADP
ajfa-6244	83	4	an	an	DET
ajfa-6244	83	5	efficient	efficient	ADJ
ajfa-6244	83	6	market	market	NOUN
ajfa-6244	83	7	structure	structure	NOUN
ajfa-6244	83	8	,	,	PUNCT
ajfa-6244	83	9	an	an	DET
ajfa-6244	83	10	efficient	efficient	ADJ
ajfa-6244	83	11	firm	firm	NOUN
ajfa-6244	83	12	is	be	AUX
ajfa-6244	83	13	able	able	ADJ
ajfa-6244	83	14	to	to	PART
ajfa-6244	83	15	produce	produce	VERB
ajfa-6244	83	16	outputs	output	NOUN
ajfa-6244	83	17	with	with	ADP
ajfa-6244	83	18	low	low	ADJ
ajfa-6244	83	19	costs	cost	NOUN
ajfa-6244	83	20	and	and	CCONJ
ajfa-6244	83	21	thus	thus	ADV
ajfa-6244	83	22	gain	gain	VERB
ajfa-6244	83	23	higher	high	ADJ
ajfa-6244	83	24	returns	return	NOUN
ajfa-6244	83	25	.	.	PUNCT
ajfa-6244	84	1	in	in	ADP
ajfa-6244	84	2	contrast	contrast	NOUN
ajfa-6244	84	3	,	,	PUNCT
ajfa-6244	84	4	the	the	DET
ajfa-6244	84	5	reason	reason	NOUN
ajfa-6244	84	6	for	for	ADP
ajfa-6244	84	7	a	a	DET
ajfa-6244	84	8	negative	negative	ADJ
ajfa-6244	84	9	correlation	correlation	NOUN
ajfa-6244	84	10	is	be	AUX
ajfa-6244	84	11	that	that	SCONJ
ajfa-6244	84	12	the	the	PRON
ajfa-6244	84	13	higher	high	ADJ
ajfa-6244	84	14	the	the	DET
ajfa-6244	84	15	market	market	NOUN
ajfa-6244	84	16	concentration	concentration	NOUN
ajfa-6244	84	17	ratio	ratio	NOUN
ajfa-6244	84	18	,	,	PUNCT
ajfa-6244	84	19	the	the	PRON
ajfa-6244	84	20	better	well	ADJ
ajfa-6244	84	21	a	a	DET
ajfa-6244	84	22	firm	firm	NOUN
ajfa-6244	84	23	is	be	AUX
ajfa-6244	84	24	able	able	ADJ
ajfa-6244	84	25	to	to	PART
ajfa-6244	84	26	negotiate	negotiate	VERB
ajfa-6244	84	27	prices	price	NOUN
ajfa-6244	84	28	.	.	PUNCT
ajfa-6244	85	1	this	this	PRON
ajfa-6244	85	2	allows	allow	VERB
ajfa-6244	85	3	big	big	ADJ
ajfa-6244	85	4	firms	firm	NOUN
ajfa-6244	85	5	to	to	PART
ajfa-6244	85	6	lose	lose	VERB
ajfa-6244	85	7	their	their	PRON
ajfa-6244	85	8	impetus	impetus	NOUN
ajfa-6244	85	9	for	for	ADP
ajfa-6244	85	10	cost	cost	NOUN
ajfa-6244	85	11	minimization	minimization	NOUN
ajfa-6244	85	12	and	and	CCONJ
ajfa-6244	85	13	leads	lead	VERB
ajfa-6244	85	14	to	to	ADP
ajfa-6244	85	15	rising	rise	VERB
ajfa-6244	85	16	costs	cost	NOUN
ajfa-6244	85	17	and	and	CCONJ
ajfa-6244	85	18	lower	low	ADJ
ajfa-6244	85	19	efficiency	efficiency	NOUN
ajfa-6244	85	20	.	.	PUNCT
ajfa-6244	86	1	this	this	DET
ajfa-6244	86	2	phenomenon	phenomenon	NOUN
ajfa-6244	86	3	is	be	AUX
ajfa-6244	86	4	essentially	essentially	ADV
ajfa-6244	86	5	the	the	DET
ajfa-6244	86	6	“	"	PUNCT
ajfa-6244	86	7	quiet	quiet	ADJ
ajfa-6244	86	8	life	life	NOUN
ajfa-6244	86	9	hypothesis	hypothesis	NOUN
ajfa-6244	86	10	”	"	PUNCT
ajfa-6244	86	11	proposed	propose	VERB
ajfa-6244	86	12	by	by	ADP
ajfa-6244	86	13	hicks	hicks	PROPN
ajfa-6244	86	14	(	(	PUNCT
ajfa-6244	86	15	1935	1935	NUM
ajfa-6244	86	16	)	)	PUNCT
ajfa-6244	86	17	.	.	PUNCT
ajfa-6244	87	1	al	al	PROPN
ajfa-6244	87	2	-	-	PUNCT
ajfa-6244	87	3	muharrami	muharrami	PROPN
ajfa-6244	87	4	and	and	CCONJ
ajfa-6244	87	5	matthews	matthews	PROPN
ajfa-6244	87	6	(	(	PUNCT
ajfa-6244	87	7	2009	2009	NUM
ajfa-6244	87	8	)	)	PUNCT
ajfa-6244	87	9	evaluated	evaluate	VERB
ajfa-6244	87	10	the	the	DET
ajfa-6244	87	11	performance	performance	NOUN
ajfa-6244	87	12	of	of	ADP
ajfa-6244	87	13	the	the	DET
ajfa-6244	87	14	arab	arab	PROPN
ajfa-6244	87	15	gulf	gulf	PROPN
ajfa-6244	87	16	cooperation	cooperation	PROPN
ajfa-6244	87	17	council	council	PROPN
ajfa-6244	87	18	(	(	PUNCT
ajfa-6244	87	19	gcc	gcc	NOUN
ajfa-6244	87	20	)	)	PUNCT
ajfa-6244	87	21	banking	banking	NOUN
ajfa-6244	87	22	industry	industry	NOUN
ajfa-6244	87	23	in	in	ADP
ajfa-6244	87	24	the	the	DET
ajfa-6244	87	25	context	context	NOUN
ajfa-6244	87	26	of	of	ADP
ajfa-6244	87	27	the	the	DET
ajfa-6244	87	28	market	market	NOUN
ajfa-6244	87	29	power	power	NOUN
ajfa-6244	87	30	hypotheses	hypothesis	NOUN
ajfa-6244	87	31	in	in	ADP
ajfa-6244	87	32	the	the	DET
ajfa-6244	87	33	period	period	NOUN
ajfa-6244	87	34	of	of	ADP
ajfa-6244	87	35	1993	1993	NUM
ajfa-6244	87	36	to	to	ADP
ajfa-6244	87	37	2002	2002	NUM
ajfa-6244	87	38	.	.	PUNCT
ajfa-6244	88	1	the	the	DET
ajfa-6244	88	2	empirical	empirical	ADJ
ajfa-6244	88	3	results	result	NOUN
ajfa-6244	88	4	do	do	AUX
ajfa-6244	88	5	not	not	PART
ajfa-6244	88	6	find	find	VERB
ajfa-6244	88	7	any	any	DET
ajfa-6244	88	8	support	support	NOUN
ajfa-6244	88	9	for	for	ADP
ajfa-6244	88	10	the	the	DET
ajfa-6244	88	11	hick	hick	PROPN
ajfa-6244	88	12	’s	’s	PART
ajfa-6244	88	13	“	"	PUNCT
ajfa-6244	88	14	quit	quit	VERB
ajfa-6244	88	15	life	life	NOUN
ajfa-6244	88	16	”	"	PUNCT
ajfa-6244	88	17	version	version	NOUN
ajfa-6244	88	18	of	of	ADP
ajfa-6244	88	19	the	the	DET
ajfa-6244	88	20	market	market	NOUN
ajfa-6244	88	21	power	power	NOUN
ajfa-6244	88	22	hypothesis	hypothesis	NOUN
ajfa-6244	88	23	.	.	PUNCT
ajfa-6244	89	1	instead	instead	ADV
ajfa-6244	89	2	,	,	PUNCT
ajfa-6244	89	3	gcc	gcc	NOUN
ajfa-6244	89	4	banks	bank	NOUN
ajfa-6244	89	5	behaviour	behaviour	NOUN
ajfa-6244	89	6	are	be	AUX
ajfa-6244	89	7	consistent	consistent	ADJ
ajfa-6244	89	8	with	with	ADP
ajfa-6244	89	9	the	the	DET
ajfa-6244	89	10	tradition	tradition	NOUN
ajfa-6244	89	11	structure	structure	NOUN
ajfa-6244	89	12	-	-	PUNCT
ajfa-6244	89	13	conduct	conduct	NOUN
ajfa-6244	89	14	-	-	PUNCT
ajfa-6244	89	15	performance	performance	NOUN
ajfa-6244	89	16	(	(	PUNCT
ajfa-6244	89	17	scp	scp	NOUN
ajfa-6244	89	18	)	)	PUNCT
ajfa-6244	89	19	hypothesis	hypothesis	NOUN
ajfa-6244	89	20	where	where	SCONJ
ajfa-6244	89	21	market	market	NOUN
ajfa-6244	89	22	structure	structure	NOUN
ajfa-6244	89	23	helps	help	VERB
ajfa-6244	89	24	to	to	PART
ajfa-6244	89	25	explain	explain	VERB
ajfa-6244	89	26	performance	performance	NOUN
ajfa-6244	89	27	.	.	PUNCT
ajfa-6244	90	1	based	base	VERB
ajfa-6244	90	2	on	on	ADP
ajfa-6244	90	3	the	the	DET
ajfa-6244	90	4	above	above	ADJ
ajfa-6244	90	5	studies	study	NOUN
ajfa-6244	90	6	,	,	PUNCT
ajfa-6244	90	7	we	we	PRON
ajfa-6244	90	8	can	can	AUX
ajfa-6244	90	9	conclude	conclude	VERB
ajfa-6244	90	10	that	that	SCONJ
ajfa-6244	90	11	the	the	DET
ajfa-6244	90	12	roa	roa	NOUN
ajfa-6244	90	13	,	,	PUNCT
ajfa-6244	90	14	asset	asset	NOUN
ajfa-6244	90	15	size	size	NOUN
ajfa-6244	90	16	,	,	PUNCT
ajfa-6244	90	17	loan	loan	NOUN
ajfa-6244	90	18	loss	loss	NOUN
ajfa-6244	90	19	reserves	reserve	NOUN
ajfa-6244	90	20	to	to	ADP
ajfa-6244	90	21	total	total	ADJ
ajfa-6244	90	22	loans	loan	NOUN
ajfa-6244	90	23	,	,	PUNCT
ajfa-6244	90	24	non	non	ADJ
ajfa-6244	90	25	-	-	ADJ
ajfa-6244	90	26	interest	interest	ADJ
ajfa-6244	90	27	expenses	expense	NOUN
ajfa-6244	90	28	to	to	ADP
ajfa-6244	90	29	total	total	ADJ
ajfa-6244	90	30	assets	asset	NOUN
ajfa-6244	90	31	,	,	PUNCT
ajfa-6244	90	32	equity	equity	NOUN
ajfa-6244	90	33	to	to	ADP
ajfa-6244	90	34	total	total	ADJ
ajfa-6244	90	35	assets	asset	NOUN
ajfa-6244	90	36	,	,	PUNCT
ajfa-6244	90	37	market	market	NOUN
ajfa-6244	90	38	concentration	concentration	NOUN
ajfa-6244	90	39	rate	rate	NOUN
ajfa-6244	90	40	,	,	PUNCT
ajfa-6244	90	41	and	and	CCONJ
ajfa-6244	90	42	gdp	gdp	NOUN
ajfa-6244	90	43	growth	growth	NOUN
ajfa-6244	90	44	rate	rate	NOUN
ajfa-6244	90	45	have	have	VERB
ajfa-6244	90	46	a	a	DET
ajfa-6244	90	47	significant	significant	ADJ
ajfa-6244	90	48	effect	effect	NOUN
ajfa-6244	90	49	on	on	ADP
ajfa-6244	90	50	bank	bank	NOUN
ajfa-6244	90	51	efficiency	efficiency	NOUN
ajfa-6244	90	52	.	.	PUNCT
ajfa-6244	91	1	however	however	ADV
ajfa-6244	91	2	,	,	PUNCT
ajfa-6244	91	3	do	do	AUX
ajfa-6244	91	4	these	these	DET
ajfa-6244	91	5	factors	factor	NOUN
ajfa-6244	91	6	have	have	VERB
ajfa-6244	91	7	different	different	ADJ
ajfa-6244	91	8	effects	effect	NOUN
ajfa-6244	91	9	on	on	ADP
ajfa-6244	91	10	bank	bank	NOUN
ajfa-6244	91	11	efficiency	efficiency	NOUN
ajfa-6244	91	12	in	in	ADP
ajfa-6244	91	13	the	the	DET
ajfa-6244	91	14	asian	asian	ADJ
ajfa-6244	91	15	banking	banking	NOUN
ajfa-6244	91	16	industry	industry	NOUN
ajfa-6244	91	17	?	?	PUNCT
ajfa-6244	92	1	what	what	PRON
ajfa-6244	92	2	are	be	AUX
ajfa-6244	92	3	their	their	PRON
ajfa-6244	92	4	effects	effect	NOUN
ajfa-6244	92	5	on	on	ADP
ajfa-6244	92	6	the	the	DET
ajfa-6244	92	7	production	production	NOUN
ajfa-6244	92	8	and	and	CCONJ
ajfa-6244	92	9	intermediation	intermediation	NOUN
ajfa-6244	92	10	stages	stage	NOUN
ajfa-6244	92	11	?	?	PUNCT
ajfa-6244	93	1	the	the	DET
ajfa-6244	93	2	answers	answer	NOUN
ajfa-6244	93	3	to	to	ADP
ajfa-6244	93	4	the	the	DET
ajfa-6244	93	5	above	above	ADJ
ajfa-6244	93	6	questions	question	NOUN
ajfa-6244	93	7	can	can	AUX
ajfa-6244	93	8	provide	provide	VERB
ajfa-6244	93	9	better	well	ADJ
ajfa-6244	93	10	insights	insight	NOUN
ajfa-6244	93	11	for	for	SCONJ
ajfa-6244	93	12	asian	asian	ADJ
ajfa-6244	93	13	banks	bank	NOUN
ajfa-6244	93	14	to	to	PART
ajfa-6244	93	15	enhance	enhance	VERB
ajfa-6244	93	16	their	their	PRON
ajfa-6244	93	17	efficiency	efficiency	NOUN
ajfa-6244	93	18	and	and	CCONJ
ajfa-6244	93	19	optimize	optimize	VERB
ajfa-6244	93	20	their	their	PRON
ajfa-6244	93	21	resource	resource	NOUN
ajfa-6244	93	22	allocation	allocation	NOUN
ajfa-6244	93	23	.	.	PUNCT
ajfa-6244	94	1	they	they	PRON
ajfa-6244	94	2	can	can	AUX
ajfa-6244	94	3	also	also	ADV
ajfa-6244	94	4	be	be	AUX
ajfa-6244	94	5	of	of	ADP
ajfa-6244	94	6	future	future	ADJ
ajfa-6244	94	7	reference	reference	NOUN
ajfa-6244	94	8	for	for	ADP
ajfa-6244	94	9	other	other	ADJ
ajfa-6244	94	10	international	international	ADJ
ajfa-6244	94	11	banks	bank	NOUN
ajfa-6244	94	12	when	when	SCONJ
ajfa-6244	94	13	entering	enter	VERB
ajfa-6244	94	14	the	the	DET
ajfa-6244	94	15	asian	asian	ADJ
ajfa-6244	94	16	market	market	NOUN
ajfa-6244	94	17	.	.	PUNCT
ajfa-6244	95	1	3	3	X
ajfa-6244	95	2	.	.	X
ajfa-6244	95	3	methodology	methodology	NOUN
ajfa-6244	95	4	and	and	CCONJ
ajfa-6244	95	5	variable	variable	ADJ
ajfa-6244	95	6	selection	selection	NOUN
ajfa-6244	95	7	banking	banking	NOUN
ajfa-6244	95	8	industries	industry	NOUN
ajfa-6244	95	9	is	be	AUX
ajfa-6244	95	10	one	one	NUM
ajfa-6244	95	11	of	of	ADP
ajfa-6244	95	12	the	the	DET
ajfa-6244	95	13	most	most	ADV
ajfa-6244	95	14	complex	complex	ADJ
ajfa-6244	95	15	financial	financial	ADJ
ajfa-6244	95	16	services	service	NOUN
ajfa-6244	95	17	sector	sector	NOUN
ajfa-6244	95	18	.	.	PUNCT
ajfa-6244	96	1	a	a	DET
ajfa-6244	96	2	single	single	ADJ
ajfa-6244	96	3	-	-	PUNCT
ajfa-6244	96	4	point	point	NOUN
ajfa-6244	96	5	evaluation	evaluation	NOUN
ajfa-6244	96	6	can	can	AUX
ajfa-6244	96	7	not	not	PART
ajfa-6244	96	8	overall	overall	ADV
ajfa-6244	96	9	reflect	reflect	VERB
ajfa-6244	96	10	the	the	DET
ajfa-6244	96	11	financial	financial	ADJ
ajfa-6244	96	12	industries	industry	NOUN
ajfa-6244	96	13	'	'	PART
ajfa-6244	96	14	multi	multi	ADJ
ajfa-6244	96	15	-	-	ADJ
ajfa-6244	96	16	function	function	ADJ
ajfa-6244	96	17	ability	ability	NOUN
ajfa-6244	96	18	(	(	PUNCT
ajfa-6244	96	19	paradi	paradi	NOUN
ajfa-6244	96	20	et	et	PROPN
ajfa-6244	96	21	al	al	PROPN
ajfa-6244	96	22	.	.	PROPN
ajfa-6244	96	23	,	,	PUNCT
ajfa-6244	96	24	2011	2011	NUM
ajfa-6244	96	25	)	)	PUNCT
ajfa-6244	96	26	.	.	PUNCT
ajfa-6244	97	1	using	use	VERB
ajfa-6244	97	2	dea	dea	NOUN
ajfa-6244	97	3	approach	approach	NOUN
ajfa-6244	97	4	to	to	PART
ajfa-6244	97	5	evaluate	evaluate	VERB
ajfa-6244	97	6	the	the	DET
ajfa-6244	97	7	operational	operational	ADJ
ajfa-6244	97	8	efficiency	efficiency	NOUN
ajfa-6244	97	9	of	of	ADP
ajfa-6244	97	10	multiinput	multiinput	VERB
ajfa-6244	97	11	and	and	CCONJ
ajfa-6244	97	12	multi	multi	ADJ
ajfa-6244	97	13	-	-	ADJ
ajfa-6244	97	14	output	output	NOUN
ajfa-6244	97	15	can	can	AUX
ajfa-6244	97	16	provide	provide	VERB
ajfa-6244	97	17	directions	direction	NOUN
ajfa-6244	97	18	for	for	ADP
ajfa-6244	97	19	improvement	improvement	NOUN
ajfa-6244	97	20	to	to	ADP
ajfa-6244	97	21	inefficiency	inefficiency	NOUN
ajfa-6244	97	22	(	(	PUNCT
ajfa-6244	97	23	zhu	zhu	PROPN
ajfa-6244	97	24	,	,	PUNCT
ajfa-6244	97	25	2000	2000	NUM
ajfa-6244	97	26	)	)	PUNCT
ajfa-6244	97	27	.	.	PUNCT
ajfa-6244	98	1	additionally	additionally	ADV
ajfa-6244	98	2	,	,	PUNCT
ajfa-6244	98	3	sexton	sexton	PROPN
ajfa-6244	98	4	and	and	CCONJ
ajfa-6244	98	5	lewis	lewis	PROPN
ajfa-6244	98	6	(	(	PUNCT
ajfa-6244	98	7	2003	2003	NUM
ajfa-6244	98	8	)	)	PUNCT
ajfa-6244	98	9	and	and	CCONJ
ajfa-6244	98	10	abad	abad	PROPN
ajfa-6244	98	11	et	et	PROPN
ajfa-6244	98	12	al	al	PROPN
ajfa-6244	98	13	.	.	PROPN
ajfa-6244	99	1	(	(	PUNCT
ajfa-6244	99	2	2004	2004	NUM
ajfa-6244	99	3	)	)	PUNCT
ajfa-6244	99	4	proposed	propose	VERB
ajfa-6244	99	5	that	that	SCONJ
ajfa-6244	99	6	the	the	DET
ajfa-6244	99	7	superiority	superiority	NOUN
ajfa-6244	99	8	of	of	ADP
ajfa-6244	99	9	two	two	NUM
ajfa-6244	99	10	-	-	PUNCT
ajfa-6244	99	11	stage	stage	NOUN
ajfa-6244	99	12	dea	dea	NOUN
ajfa-6244	99	13	that	that	PRON
ajfa-6244	99	14	represent	represent	VERB
ajfa-6244	99	15	the	the	DET
ajfa-6244	99	16	real	real	ADJ
ajfa-6244	99	17	operational	operational	ADJ
ajfa-6244	99	18	process	process	NOUN
ajfa-6244	99	19	of	of	ADP
ajfa-6244	99	20	firm	firm	NOUN
ajfa-6244	99	21	in	in	ADP
ajfa-6244	99	22	different	different	ADJ
ajfa-6244	99	23	stage	stage	NOUN
ajfa-6244	99	24	of	of	ADP
ajfa-6244	99	25	efficiency	efficiency	NOUN
ajfa-6244	99	26	.	.	PUNCT
ajfa-6244	100	1	hence	hence	ADV
ajfa-6244	100	2	,	,	PUNCT
ajfa-6244	100	3	this	this	DET
ajfa-6244	100	4	study	study	NOUN
ajfa-6244	100	5	followed	follow	VERB
ajfa-6244	100	6	the	the	DET
ajfa-6244	100	7	methodology	methodology	NOUN
ajfa-6244	100	8	used	use	VERB
ajfa-6244	100	9	by	by	ADP
ajfa-6244	100	10	denizer	denizer	PROPN
ajfa-6244	100	11	et	et	PROPN
ajfa-6244	100	12	al	al	PROPN
ajfa-6244	100	13	.	.	PROPN
ajfa-6244	101	1	(	(	PUNCT
ajfa-6244	101	2	2000	2000	NUM
ajfa-6244	101	3	,	,	PUNCT
ajfa-6244	101	4	2007	2007	NUM
ajfa-6244	101	5	)	)	PUNCT
ajfa-6244	102	1	to	to	PART
ajfa-6244	102	2	measure	measure	VERB
ajfa-6244	102	3	the	the	DET
ajfa-6244	102	4	efficiency	efficiency	NOUN
ajfa-6244	102	5	of	of	ADP
ajfa-6244	102	6	commercial	commercial	ADJ
ajfa-6244	102	7	banks	bank	NOUN
ajfa-6244	102	8	in	in	ADP
ajfa-6244	102	9	the	the	DET
ajfa-6244	102	10	production	production	NOUN
ajfa-6244	102	11	and	and	CCONJ
ajfa-6244	102	12	intermediation	intermediation	NOUN
ajfa-6244	102	13	stages	stage	NOUN
ajfa-6244	102	14	in	in	ADP
ajfa-6244	102	15	taiwan	taiwan	PROPN
ajfa-6244	102	16	,	,	PUNCT
ajfa-6244	102	17	china	china	PROPN
ajfa-6244	102	18	,	,	PUNCT
ajfa-6244	102	19	hong	hong	PROPN
ajfa-6244	102	20	kong	kong	PROPN
ajfa-6244	102	21	,	,	PUNCT
ajfa-6244	102	22	singapore	singapore	PROPN
ajfa-6244	102	23	,	,	PUNCT
ajfa-6244	102	24	south	south	PROPN
ajfa-6244	102	25	korea	korea	PROPN
ajfa-6244	102	26	,	,	PUNCT
ajfa-6244	102	27	philippines	philippine	NOUN
ajfa-6244	102	28	,	,	PUNCT
ajfa-6244	102	29	thailand	thailand	PROPN
ajfa-6244	102	30	and	and	CCONJ
ajfa-6244	102	31	malaysia	malaysia	PROPN
ajfa-6244	102	32	.	.	PROPN
ajfa-6244	103	1	2	2	NUM
ajfa-6244	103	2	pasiouras	pasioura	NOUN
ajfa-6244	103	3	(	(	PUNCT
ajfa-6244	103	4	2008	2008	NUM
ajfa-6244	103	5	)	)	PUNCT
ajfa-6244	103	6	measured	measure	VERB
ajfa-6244	103	7	the	the	DET
ajfa-6244	103	8	efficiency	efficiency	NOUN
ajfa-6244	103	9	of	of	ADP
ajfa-6244	103	10	715	715	NUM
ajfa-6244	103	11	commercial	commercial	ADJ
ajfa-6244	103	12	banks	bank	NOUN
ajfa-6244	103	13	in	in	ADP
ajfa-6244	103	14	2003	2003	NUM
ajfa-6244	103	15	in	in	ADP
ajfa-6244	103	16	95	95	NUM
ajfa-6244	103	17	countries	country	NOUN
ajfa-6244	103	18	and	and	CCONJ
ajfa-6244	103	19	found	find	VERB
ajfa-6244	103	20	that	that	SCONJ
ajfa-6244	103	21	gdp	gdp	NOUN
ajfa-6244	103	22	growth	growth	NOUN
ajfa-6244	103	23	rates	rate	NOUN
ajfa-6244	103	24	to	to	PART
ajfa-6244	103	25	be	be	AUX
ajfa-6244	103	26	significantly	significantly	ADV
ajfa-6244	103	27	negatively	negatively	ADV
ajfa-6244	103	28	correlated	correlate	VERB
ajfa-6244	103	29	with	with	ADP
ajfa-6244	103	30	efficiency	efficiency	NOUN
ajfa-6244	103	31	values	value	NOUN
ajfa-6244	103	32	in	in	ADP
ajfa-6244	103	33	the	the	DET
ajfa-6244	103	34	intermediary	intermediary	ADJ
ajfa-6244	103	35	approach	approach	NOUN
ajfa-6244	103	36	.	.	PUNCT
ajfa-6244	104	1	this	this	PRON
ajfa-6244	104	2	explains	explain	VERB
ajfa-6244	104	3	how	how	SCONJ
ajfa-6244	104	4	,	,	PUNCT
ajfa-6244	104	5	although	although	SCONJ
ajfa-6244	104	6	high	high	ADJ
ajfa-6244	104	7	gdp	gdp	NOUN
ajfa-6244	104	8	growth	growth	NOUN
ajfa-6244	104	9	rates	rate	NOUN
ajfa-6244	104	10	signify	signify	VERB
ajfa-6244	104	11	an	an	DET
ajfa-6244	104	12	increasing	increase	VERB
ajfa-6244	104	13	demand	demand	NOUN
ajfa-6244	104	14	for	for	ADP
ajfa-6244	104	15	banking	banking	NOUN
ajfa-6244	104	16	services	service	NOUN
ajfa-6244	104	17	,	,	PUNCT
ajfa-6244	104	18	banks	bank	NOUN
ajfa-6244	104	19	may	may	AUX
ajfa-6244	104	20	also	also	ADV
ajfa-6244	104	21	face	face	VERB
ajfa-6244	104	22	less	less	ADJ
ajfa-6244	104	23	pressure	pressure	NOUN
ajfa-6244	104	24	to	to	PART
ajfa-6244	104	25	control	control	VERB
ajfa-6244	104	26	costs	cost	NOUN
ajfa-6244	104	27	,	,	PUNCT
ajfa-6244	104	28	leading	lead	VERB
ajfa-6244	104	29	to	to	ADP
ajfa-6244	104	30	decreased	decrease	VERB
ajfa-6244	104	31	efficiency	efficiency	NOUN
ajfa-6244	104	32	.	.	PUNCT
ajfa-6244	105	1	however	however	ADV
ajfa-6244	105	2	,	,	PUNCT
ajfa-6244	105	3	gdp	gdp	NOUN
ajfa-6244	105	4	and	and	CCONJ
ajfa-6244	105	5	banking	banking	NOUN
ajfa-6244	105	6	efficiency	efficiency	NOUN
ajfa-6244	105	7	may	may	AUX
ajfa-6244	105	8	also	also	ADV
ajfa-6244	105	9	be	be	AUX
ajfa-6244	105	10	positively	positively	ADV
ajfa-6244	105	11	correlated	correlate	VERB
ajfa-6244	105	12	because	because	SCONJ
ajfa-6244	105	13	a	a	DET
ajfa-6244	105	14	high	high	ADJ
ajfa-6244	105	15	gdp	gdp	NOUN
ajfa-6244	105	16	indicates	indicate	VERB
ajfa-6244	105	17	that	that	SCONJ
ajfa-6244	105	18	the	the	DET
ajfa-6244	105	19	country	country	NOUN
ajfa-6244	105	20	’s	’s	PART
ajfa-6244	105	21	economic	economic	ADJ
ajfa-6244	105	22	environment	environment	NOUN
ajfa-6244	105	23	is	be	AUX
ajfa-6244	105	24	relatively	relatively	ADV
ajfa-6244	105	25	strong	strong	ADJ
ajfa-6244	105	26	.	.	PUNCT
ajfa-6244	106	1	in	in	ADP
ajfa-6244	106	2	this	this	DET
ajfa-6244	106	3	situation	situation	NOUN
ajfa-6244	106	4	,	,	PUNCT
ajfa-6244	106	5	the	the	DET
ajfa-6244	106	6	banking	banking	NOUN
ajfa-6244	106	7	sector	sector	NOUN
ajfa-6244	106	8	will	will	AUX
ajfa-6244	106	9	do	do	VERB
ajfa-6244	106	10	well	well	ADV
ajfa-6244	106	11	to	to	PART
ajfa-6244	106	12	develop	develop	VERB
ajfa-6244	106	13	business	business	NOUN
ajfa-6244	106	14	and	and	CCONJ
ajfa-6244	106	15	lower	low	ADJ
ajfa-6244	106	16	operating	operating	NOUN
ajfa-6244	106	17	costs	cost	NOUN
ajfa-6244	106	18	.	.	PUNCT
ajfa-6244	107	1	asian	asian	ADJ
ajfa-6244	107	2	journal	journal	PROPN
ajfa-6244	107	3	of	of	ADP
ajfa-6244	107	4	finance	finance	PROPN
ajfa-6244	107	5	&	&	CCONJ
ajfa-6244	107	6	accounting	accounting	PROPN
ajfa-6244	107	7	issn	issn	PROPN
ajfa-6244	107	8	1946	1946	NUM
ajfa-6244	107	9	-	-	PUNCT
ajfa-6244	107	10	052x	052x	PROPN
ajfa-6244	107	11	2014	2014	NUM
ajfa-6244	107	12	,	,	PUNCT
ajfa-6244	107	13	vol	vol	NOUN
ajfa-6244	107	14	.	.	PROPN
ajfa-6244	108	1	6	6	NUM
ajfa-6244	108	2	,	,	PUNCT
ajfa-6244	108	3	no	no	INTJ
ajfa-6244	108	4	.	.	NOUN
ajfa-6244	108	5	2	2	NUM
ajfa-6244	108	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	108	7	475	475	NUM
ajfa-6244	108	8	the	the	DET
ajfa-6244	108	9	ccr	ccr	PROPN
ajfa-6244	108	10	model	model	NOUN
ajfa-6244	108	11	proposed	propose	VERB
ajfa-6244	108	12	by	by	ADP
ajfa-6244	108	13	charnes	charne	NOUN
ajfa-6244	108	14	,	,	PUNCT
ajfa-6244	108	15	cooper	cooper	NOUN
ajfa-6244	108	16	,	,	PUNCT
ajfa-6244	108	17	and	and	CCONJ
ajfa-6244	108	18	rhodes	rhode	NOUN
ajfa-6244	108	19	(	(	PUNCT
ajfa-6244	108	20	1978	1978	NUM
ajfa-6244	108	21	)	)	PUNCT
ajfa-6244	108	22	,	,	PUNCT
ajfa-6244	108	23	under	under	ADP
ajfa-6244	108	24	the	the	DET
ajfa-6244	108	25	assumption	assumption	NOUN
ajfa-6244	108	26	of	of	ADP
ajfa-6244	108	27	constant	constant	ADJ
ajfa-6244	108	28	returns	return	NOUN
ajfa-6244	108	29	to	to	PART
ajfa-6244	108	30	scale	scale	VERB
ajfa-6244	108	31	(	(	PUNCT
ajfa-6244	108	32	crs	crs	PROPN
ajfa-6244	108	33	)	)	PUNCT
ajfa-6244	108	34	,	,	PUNCT
ajfa-6244	108	35	measures	measure	VERB
ajfa-6244	108	36	the	the	DET
ajfa-6244	108	37	technical	technical	ADJ
ajfa-6244	108	38	efficiency	efficiency	NOUN
ajfa-6244	108	39	(	(	PUNCT
ajfa-6244	108	40	te	te	NOUN
ajfa-6244	108	41	)	)	PUNCT
ajfa-6244	108	42	value	value	NOUN
ajfa-6244	108	43	of	of	ADP
ajfa-6244	108	44	decision	decision	NOUN
ajfa-6244	108	45	-	-	PUNCT
ajfa-6244	108	46	making	make	VERB
ajfa-6244	108	47	units	unit	NOUN
ajfa-6244	108	48	(	(	PUNCT
ajfa-6244	108	49	dmus	dmus	PROPN
ajfa-6244	108	50	)	)	PUNCT
ajfa-6244	108	51	.	.	PUNCT
ajfa-6244	109	1	the	the	DET
ajfa-6244	109	2	ccr	ccr	PROPN
ajfa-6244	109	3	dual	dual	ADJ
ajfa-6244	109	4	model	model	NOUN
ajfa-6244	109	5	can	can	AUX
ajfa-6244	109	6	be	be	AUX
ajfa-6244	109	7	computed	compute	VERB
ajfa-6244	109	8	by	by	ADP
ajfa-6244	109	9	min	min	PROPN
ajfa-6244	109	10	k	k	PROPN
ajfa-6244	109	11	θ	θ	PROPN
ajfa-6244	110	1	－ε	－ε	NOUN
ajfa-6244	110	2			PROPN
ajfa-6244	110	3			NOUN
ajfa-6244	110	4			PRON
ajfa-6244	110	5			PROPN
ajfa-6244	110	6			PROPN
ajfa-6244	110	7			NOUN
ajfa-6244	111	1	+	+	NOUN
ajfa-6244	111	2			X
ajfa-6244	111	3			X
ajfa-6244	112	1	=	=	PUNCT
ajfa-6244	113	1	=	=	PUNCT
ajfa-6244	113	2	+	+	NOUN
ajfa-6244	113	3	−	−	PROPN
ajfa-6244	113	4	m	m	VERB
ajfa-6244	113	5	1i	1i	NUM
ajfa-6244	113	6	1	1	NUM
ajfa-6244	113	7	rkik	rkik	ADJ
ajfa-6244	113	8	ss	ss	NOUN
ajfa-6244	113	9	s	s	NOUN
ajfa-6244	113	10	r	r	NOUN
ajfa-6244	113	11	(	(	PUNCT
ajfa-6244	113	12	1	1	NUM
ajfa-6244	113	13	)	)	PUNCT
ajfa-6244	113	14	st	st	PROPN
ajfa-6244	113	15	.	.	PROPN
ajfa-6244	113	16	0s	0s	NUM
ajfa-6244	114	1	x	x	PUNCT
ajfa-6244	114	2	ikkij	ikkij	NOUN
ajfa-6244	114	3	n	n	PRON
ajfa-6244	114	4	1j	1j	NUM
ajfa-6244	114	5	j	j	PROPN
ajfa-6244	114	6	＝+−	＝+−	PROPN
ajfa-6244	114	7	=	=	SYM
ajfa-6244	114	8	ikxθλ	ikxθλ	INTJ
ajfa-6244	114	9	,	,	PUNCT
ajfa-6244	114	10	i＝1	i＝1	PROPN
ajfa-6244	114	11	…	…	SYM
ajfa-6244	114	12	,m	,m	PUNCT
ajfa-6244	114	13	rkrkrj	rkrkrj	ADJ
ajfa-6244	114	14	n	n	CCONJ
ajfa-6244	114	15	1j	1j	NUM
ajfa-6244	114	16	j	j	PROPN
ajfa-6244	114	17	ysy	ysy	PROPN
ajfa-6244	114	18	＝+	＝+	PROPN
ajfa-6244	114	19	=	=	SYM
ajfa-6244	114	20	−λ	−λ	PROPN
ajfa-6244	114	21	,	,	PUNCT
ajfa-6244	114	22	r＝1	r＝1	NOUN
ajfa-6244	114	23	…	…	PUNCT
ajfa-6244	114	24	,s	,s	PUNCT
ajfa-6244	114	25	jλ	jλ	ADJ
ajfa-6244	114	26	,	,	PUNCT
ajfa-6244	114	27	+	+	NUM
ajfa-6244	114	28	rks	rk	NOUN
ajfa-6244	114	29	,	,	PUNCT
ajfa-6244	114	30	iks	iks	PROPN
ajfa-6244	114	31	≥	≥	NOUN
ajfa-6244	114	32	0	0	NUM
ajfa-6244	114	33	,	,	PUNCT
ajfa-6244	114	34	j＝1	j＝1	PROPN
ajfa-6244	114	35	…	…	SYM
ajfa-6244	114	36	,n	,n	PUNCT
ajfa-6244	114	37	where	where	SCONJ
ajfa-6244	114	38	rjy	rjy	NOUN
ajfa-6244	114	39	is	be	AUX
ajfa-6244	114	40	the	the	DET
ajfa-6244	114	41	rth	rth	NOUN
ajfa-6244	114	42	output	output	NOUN
ajfa-6244	114	43	in	in	ADP
ajfa-6244	114	44	the	the	DET
ajfa-6244	114	45	jth	jth	PROPN
ajfa-6244	114	46	dmu	dmu	PROPN
ajfa-6244	114	47	,	,	PUNCT
ajfa-6244	114	48	ijx	ijx	NOUN
ajfa-6244	114	49	is	be	AUX
ajfa-6244	114	50	the	the	DET
ajfa-6244	114	51	ith	ith	PROPN
ajfa-6244	114	52	input	input	NOUN
ajfa-6244	114	53	in	in	ADP
ajfa-6244	114	54	the	the	DET
ajfa-6244	114	55	jth	jth	PROPN
ajfa-6244	114	56	dmu	dmu	PROPN
ajfa-6244	114	57	,	,	PUNCT
ajfa-6244	114	58	+	+	NUM
ajfa-6244	114	59	rks	rk	NOUN
ajfa-6244	114	60	is	be	AUX
ajfa-6244	114	61	the	the	DET
ajfa-6244	114	62	slack	slack	NOUN
ajfa-6244	114	63	variable	variable	NOUN
ajfa-6244	114	64	of	of	ADP
ajfa-6244	114	65	the	the	DET
ajfa-6244	114	66	rth	rth	PROPN
ajfa-6244	114	67	output	output	NOUN
ajfa-6244	114	68	in	in	ADP
ajfa-6244	114	69	the	the	DET
ajfa-6244	114	70	kth	kth	PROPN
ajfa-6244	114	71	dmu	dmu	PROPN
ajfa-6244	114	72	,	,	PUNCT
ajfa-6244	114	73	and	and	CCONJ
ajfa-6244	114	74	iks	iks	PROPN
ajfa-6244	114	75	is	be	AUX
ajfa-6244	114	76	the	the	DET
ajfa-6244	114	77	slack	slack	NOUN
ajfa-6244	114	78	variable	variable	NOUN
ajfa-6244	114	79	of	of	ADP
ajfa-6244	114	80	the	the	DET
ajfa-6244	114	81	ith	ith	PROPN
ajfa-6244	114	82	input	input	NOUN
ajfa-6244	114	83	in	in	ADP
ajfa-6244	114	84	the	the	DET
ajfa-6244	114	85	kth	kth	PROPN
ajfa-6244	114	86	dmu	dmu	PROPN
ajfa-6244	114	87	.	.	PUNCT
ajfa-6244	115	1	here	here	ADV
ajfa-6244	115	2	,	,	PUNCT
ajfa-6244	115	3	λ	λ	PROPN
ajfa-6244	115	4	represents	represent	VERB
ajfa-6244	115	5	the	the	DET
ajfa-6244	115	6	weight	weight	NOUN
ajfa-6244	115	7	of	of	ADP
ajfa-6244	115	8	the	the	DET
ajfa-6244	115	9	linear	linear	ADJ
ajfa-6244	115	10	combination	combination	NOUN
ajfa-6244	115	11	of	of	ADP
ajfa-6244	115	12	the	the	DET
ajfa-6244	115	13	reference	reference	NOUN
ajfa-6244	115	14	set	set	NOUN
ajfa-6244	115	15	;	;	PUNCT
ajfa-6244	115	16	ε	ε	PROPN
ajfa-6244	115	17	is	be	AUX
ajfa-6244	115	18	one	one	NUM
ajfa-6244	115	19	minimal	minimal	ADJ
ajfa-6244	115	20	positive	positive	ADJ
ajfa-6244	115	21	number	number	NOUN
ajfa-6244	115	22	called	call	VERB
ajfa-6244	115	23	the	the	DET
ajfa-6244	115	24	non	non	ADJ
ajfa-6244	115	25	-	-	ADJ
ajfa-6244	115	26	archimedean	archimedean	ADJ
ajfa-6244	115	27	small	small	ADJ
ajfa-6244	115	28	number	number	NOUN
ajfa-6244	115	29	;	;	PUNCT
ajfa-6244	115	30	and	and	CCONJ
ajfa-6244	115	31	θ	θ	PROPN
ajfa-6244	115	32	is	be	AUX
ajfa-6244	115	33	the	the	DET
ajfa-6244	115	34	relative	relative	ADJ
ajfa-6244	115	35	technical	technical	ADJ
ajfa-6244	115	36	efficiency	efficiency	NOUN
ajfa-6244	115	37	.	.	PUNCT
ajfa-6244	116	1	as	as	ADP
ajfa-6244	116	2	for	for	ADP
ajfa-6244	116	3	equation	equation	NOUN
ajfa-6244	116	4	(	(	PUNCT
ajfa-6244	116	5	1	1	NUM
ajfa-6244	116	6	)	)	PUNCT
ajfa-6244	116	7	,	,	PUNCT
ajfa-6244	116	8	the	the	DET
ajfa-6244	116	9	condition	condition	NOUN
ajfa-6244	116	10	for	for	ADP
ajfa-6244	116	11	a	a	DET
ajfa-6244	116	12	relatively	relatively	ADV
ajfa-6244	116	13	efficient	efficient	ADJ
ajfa-6244	116	14	dmu	dmu	PROPN
ajfa-6244	116	15	is	be	AUX
ajfa-6244	116	16	θ＝1	θ＝1	NUM
ajfa-6244	116	17	and	and	CCONJ
ajfa-6244	116	18	is	be	AUX
ajfa-6244	116	19	＝	＝	PROPN
ajfa-6244	117	1	+	+	CCONJ
ajfa-6244	117	2	rs	rs	ADJ
ajfa-6244	117	3	＝0	＝0	PROPN
ajfa-6244	117	4	.	.	PUNCT
ajfa-6244	118	1	under	under	ADP
ajfa-6244	118	2	these	these	DET
ajfa-6244	118	3	conditions	condition	NOUN
ajfa-6244	118	4	,	,	PUNCT
ajfa-6244	118	5	the	the	DET
ajfa-6244	118	6	dmu	dmu	PROPN
ajfa-6244	118	7	is	be	AUX
ajfa-6244	118	8	on	on	ADP
ajfa-6244	118	9	an	an	DET
ajfa-6244	118	10	efficient	efficient	ADJ
ajfa-6244	118	11	frontier	frontier	NOUN
ajfa-6244	118	12	.	.	PUNCT
ajfa-6244	119	1	for	for	ADP
ajfa-6244	119	2	inefficient	inefficient	ADJ
ajfa-6244	119	3	dmus	dmus	NOUN
ajfa-6244	119	4	,	,	PUNCT
ajfa-6244	119	5	the	the	DET
ajfa-6244	119	6	input	input	NOUN
ajfa-6244	119	7	and	and	CCONJ
ajfa-6244	119	8	output	output	NOUN
ajfa-6244	119	9	for	for	ADP
ajfa-6244	119	10	evaluation	evaluation	NOUN
ajfa-6244	119	11	on	on	ADP
ajfa-6244	119	12	the	the	DET
ajfa-6244	119	13	production	production	NOUN
ajfa-6244	119	14	frontier	frontier	NOUN
ajfa-6244	119	15	can	can	AUX
ajfa-6244	119	16	be	be	AUX
ajfa-6244	119	17	calculated	calculate	VERB
ajfa-6244	119	18	as	as	ADP
ajfa-6244	119	19	ij	ij	NOUN
ajfa-6244	119	20	n	n	PRON
ajfa-6244	119	21	1j	1j	NUM
ajfa-6244	119	22	jx	jx	NOUN
ajfa-6244	120	1	=	=	SYM
ajfa-6244	120	2	λ	λ	PROPN
ajfa-6244	120	3	and	and	CCONJ
ajfa-6244	120	4	ij	ij	INTJ
ajfa-6244	120	5	n	n	PRON
ajfa-6244	120	6	1j	1j	NUM
ajfa-6244	120	7	jy	jy	NOUN
ajfa-6244	121	1	=	=	SYM
ajfa-6244	121	2	λ	λ	NOUN
ajfa-6244	121	3	,	,	PUNCT
ajfa-6244	121	4	while	while	SCONJ
ajfa-6244	121	5	the	the	DET
ajfa-6244	121	6	constraint	constraint	NOUN
ajfa-6244	121	7	of	of	ADP
ajfa-6244	121	8	equation	equation	NOUN
ajfa-6244	121	9	(	(	PUNCT
ajfa-6244	121	10	1	1	X
ajfa-6244	121	11	)	)	PUNCT
ajfa-6244	121	12	indicates	indicate	VERB
ajfa-6244	121	13	−	−	PROPN
ajfa-6244	121	14	=	=	SYM
ajfa-6244	121	15	−	−	NOUN
ajfa-6244	121	16	ikikij	ikikij	NOUN
ajfa-6244	121	17	n	n	PRON
ajfa-6244	121	18	1j	1j	NUM
ajfa-6244	121	19	j	j	PROPN
ajfa-6244	121	20	sx	sx	INTJ
ajfa-6244	121	21	xθλ	xθλ	PROPN
ajfa-6244	121	22	＝	＝	PROPN
ajfa-6244	121	23	for	for	ADP
ajfa-6244	121	24	input	input	NOUN
ajfa-6244	121	25	and	and	CCONJ
ajfa-6244	121	26	+	+	PUNCT
ajfa-6244	121	27	=	=	SYM
ajfa-6244	121	28	+	+	ADJ
ajfa-6244	121	29			X
ajfa-6244	121	30	rkrkrj	rkrkrj	VERB
ajfa-6244	121	31	n	n	NUM
ajfa-6244	121	32	1j	1j	NUM
ajfa-6244	121	33	j	j	PROPN
ajfa-6244	121	34	syy＝λ	syy＝λ	PROPN
ajfa-6244	121	35	for	for	ADP
ajfa-6244	121	36	output	output	NOUN
ajfa-6244	121	37	.	.	PUNCT
ajfa-6244	122	1	thus	thus	ADV
ajfa-6244	122	2	,	,	PUNCT
ajfa-6244	122	3	an	an	DET
ajfa-6244	122	4	inefficient	inefficient	ADJ
ajfa-6244	122	5	dmu	dmu	PROPN
ajfa-6244	122	6	can	can	AUX
ajfa-6244	122	7	achieve	achieve	VERB
ajfa-6244	122	8	optimal	optimal	ADJ
ajfa-6244	122	9	efficiency	efficiency	NOUN
ajfa-6244	122	10	by	by	ADP
ajfa-6244	122	11	reducing	reduce	VERB
ajfa-6244	122	12	ikxδ	ikxδ	NOUN
ajfa-6244	122	13	input	input	NOUN
ajfa-6244	122	14	or	or	CCONJ
ajfa-6244	122	15	increasing	increase	VERB
ajfa-6244	122	16	rkyδ	rkyδ	NOUN
ajfa-6244	122	17	output	output	NOUN
ajfa-6244	122	18	,	,	PUNCT
ajfa-6244	123	1	where	where	SCONJ
ajfa-6244	123	2	ikxδ	ikxδ	PROPN
ajfa-6244	123	3	＝	＝	X
ajfa-6244	123	4	ikx	ikx	PROPN
ajfa-6244	123	5	－	－	PROPN
ajfa-6244	123	6	（	（	X
ajfa-6244	123	7	−−	−−	NOUN
ajfa-6244	123	8	ikik	ikik	VERB
ajfa-6244	123	9	sxkθ	sxkθ	PROPN
ajfa-6244	123	10	）	）	PROPN
ajfa-6244	123	11	,	,	PUNCT
ajfa-6244	123	12	i＝1,	i＝1,	ADP
ajfa-6244	123	13	…	…	SYM
ajfa-6244	123	14	,m	,m	PUNCT
ajfa-6244	123	15	(	(	PUNCT
ajfa-6244	123	16	2	2	NUM
ajfa-6244	123	17	)	)	PUNCT
ajfa-6244	123	18	asian	asian	ADJ
ajfa-6244	123	19	journal	journal	NOUN
ajfa-6244	123	20	of	of	ADP
ajfa-6244	123	21	finance	finance	PROPN
ajfa-6244	123	22	&	&	CCONJ
ajfa-6244	123	23	accounting	accounting	PROPN
ajfa-6244	123	24	issn	issn	PROPN
ajfa-6244	123	25	1946	1946	NUM
ajfa-6244	123	26	-	-	PUNCT
ajfa-6244	123	27	052x	052x	PROPN
ajfa-6244	123	28	2014	2014	NUM
ajfa-6244	123	29	,	,	PUNCT
ajfa-6244	123	30	vol	vol	NOUN
ajfa-6244	123	31	.	.	PROPN
ajfa-6244	123	32	6	6	NUM
ajfa-6244	123	33	,	,	PUNCT
ajfa-6244	123	34	no	no	INTJ
ajfa-6244	123	35	.	.	NOUN
ajfa-6244	123	36	2	2	NUM
ajfa-6244	123	37	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	123	38	476	476	NUM
ajfa-6244	123	39	rkyδ	rkyδ	VERB
ajfa-6244	123	40	＝	＝	NOUN
ajfa-6244	123	41	（	（	PUNCT
ajfa-6244	124	1	+	+	PUNCT
ajfa-6244	124	2	+	+	X
ajfa-6244	124	3	rkrk	rkrk	NOUN
ajfa-6244	124	4	sy	sy	PROPN
ajfa-6244	124	5	）	）	PROPN
ajfa-6244	124	6	－	－	ADJ
ajfa-6244	124	7	rky	rky	NOUN
ajfa-6244	124	8	=	=	NOUN
ajfa-6244	124	9	+	+	NUM
ajfa-6244	124	10	rks	rk	NOUN
ajfa-6244	124	11	,	,	PUNCT
ajfa-6244	124	12	r＝1,	r＝1,	NOUN
ajfa-6244	124	13	…	…	PUNCT
ajfa-6244	124	14	,s	,s	PUNCT
ajfa-6244	124	15	(	(	PUNCT
ajfa-6244	124	16	3	3	X
ajfa-6244	124	17	)	)	PUNCT
ajfa-6244	124	18	the	the	DET
ajfa-6244	124	19	traditional	traditional	ADJ
ajfa-6244	124	20	ccr	ccr	PROPN
ajfa-6244	124	21	model	model	NOUN
ajfa-6244	124	22	uses	use	VERB
ajfa-6244	124	23	the	the	DET
ajfa-6244	124	24	crs	crs	PROPN
ajfa-6244	124	25	assumption	assumption	NOUN
ajfa-6244	124	26	to	to	PART
ajfa-6244	124	27	measure	measure	VERB
ajfa-6244	124	28	the	the	DET
ajfa-6244	124	29	efficiency	efficiency	NOUN
ajfa-6244	124	30	of	of	ADP
ajfa-6244	124	31	dmus	dmus	NOUN
ajfa-6244	124	32	.	.	PUNCT
ajfa-6244	125	1	however	however	ADV
ajfa-6244	125	2	,	,	PUNCT
ajfa-6244	125	3	not	not	PART
ajfa-6244	125	4	all	all	DET
ajfa-6244	125	5	dmus	dmus	NOUN
ajfa-6244	125	6	are	be	AUX
ajfa-6244	125	7	under	under	ADP
ajfa-6244	125	8	the	the	DET
ajfa-6244	125	9	operation	operation	NOUN
ajfa-6244	125	10	of	of	ADP
ajfa-6244	125	11	optimal	optimal	ADJ
ajfa-6244	125	12	scale	scale	NOUN
ajfa-6244	125	13	,	,	PUNCT
ajfa-6244	125	14	and	and	CCONJ
ajfa-6244	125	15	operating	operate	VERB
ajfa-6244	125	16	inefficiency	inefficiency	NOUN
ajfa-6244	125	17	may	may	AUX
ajfa-6244	125	18	be	be	AUX
ajfa-6244	125	19	caused	cause	VERB
ajfa-6244	125	20	by	by	ADP
ajfa-6244	125	21	the	the	DET
ajfa-6244	125	22	scale	scale	NOUN
ajfa-6244	125	23	of	of	ADP
ajfa-6244	125	24	dmus	dmus	NOUN
ajfa-6244	125	25	,	,	PUNCT
ajfa-6244	125	26	not	not	PART
ajfa-6244	125	27	by	by	ADP
ajfa-6244	125	28	technical	technical	ADJ
ajfa-6244	125	29	inefficiency	inefficiency	NOUN
ajfa-6244	125	30	.	.	PUNCT
ajfa-6244	126	1	due	due	ADP
ajfa-6244	126	2	to	to	ADP
ajfa-6244	126	3	this	this	DET
ajfa-6244	126	4	drawback	drawback	NOUN
ajfa-6244	126	5	,	,	PUNCT
ajfa-6244	126	6	banker	banker	NOUN
ajfa-6244	126	7	et	et	PROPN
ajfa-6244	126	8	al	al	PROPN
ajfa-6244	126	9	.	.	PUNCT
ajfa-6244	127	1	(	(	PUNCT
ajfa-6244	127	2	1984	1984	NUM
ajfa-6244	127	3	)	)	PUNCT
ajfa-6244	127	4	has	have	AUX
ajfa-6244	127	5	proposed	propose	VERB
ajfa-6244	127	6	a	a	DET
ajfa-6244	127	7	revised	revise	VERB
ajfa-6244	127	8	model	model	NOUN
ajfa-6244	127	9	(	(	PUNCT
ajfa-6244	127	10	the	the	DET
ajfa-6244	127	11	bcc	bcc	PROPN
ajfa-6244	127	12	model	model	NOUN
ajfa-6244	127	13	)	)	PUNCT
ajfa-6244	127	14	that	that	PRON
ajfa-6244	127	15	changes	change	VERB
ajfa-6244	127	16	the	the	DET
ajfa-6244	127	17	crs	crs	PROPN
ajfa-6244	127	18	assumption	assumption	NOUN
ajfa-6244	127	19	to	to	ADP
ajfa-6244	127	20	the	the	DET
ajfa-6244	127	21	variable	variable	ADJ
ajfa-6244	127	22	returns	return	NOUN
ajfa-6244	127	23	to	to	PART
ajfa-6244	127	24	scale	scale	VERB
ajfa-6244	127	25	assumption	assumption	NOUN
ajfa-6244	127	26	.	.	PUNCT
ajfa-6244	128	1	under	under	ADP
ajfa-6244	128	2	the	the	DET
ajfa-6244	128	3	variable	variable	ADJ
ajfa-6244	128	4	returns	return	NOUN
ajfa-6244	128	5	to	to	PART
ajfa-6244	128	6	scale	scale	VERB
ajfa-6244	128	7	assumption	assumption	NOUN
ajfa-6244	128	8	,	,	PUNCT
ajfa-6244	128	9	the	the	DET
ajfa-6244	128	10	technical	technical	ADJ
ajfa-6244	128	11	efficiency	efficiency	NOUN
ajfa-6244	128	12	in	in	ADP
ajfa-6244	128	13	crs	crs	PROPN
ajfa-6244	128	14	(	(	PUNCT
ajfa-6244	128	15	tecrs	tecrs	PROPN
ajfa-6244	128	16	)	)	PUNCT
ajfa-6244	128	17	is	be	AUX
ajfa-6244	128	18	calculated	calculate	VERB
ajfa-6244	128	19	as	as	ADP
ajfa-6244	128	20	the	the	DET
ajfa-6244	128	21	product	product	NOUN
ajfa-6244	128	22	of	of	ADP
ajfa-6244	128	23	pure	pure	ADJ
ajfa-6244	128	24	technical	technical	ADJ
ajfa-6244	128	25	efficiency	efficiency	NOUN
ajfa-6244	128	26	(	(	PUNCT
ajfa-6244	128	27	pte	pte	NOUN
ajfa-6244	128	28	)	)	PUNCT
ajfa-6244	128	29	and	and	CCONJ
ajfa-6244	128	30	scale	scale	NOUN
ajfa-6244	128	31	efficiency	efficiency	NOUN
ajfa-6244	128	32	(	(	PUNCT
ajfa-6244	128	33	se	se	ADJ
ajfa-6244	128	34	)	)	PUNCT
ajfa-6244	128	35	.	.	PUNCT
ajfa-6244	129	1	thus	thus	ADV
ajfa-6244	129	2	,	,	PUNCT
ajfa-6244	129	3	causes	cause	VERB
ajfa-6244	129	4	for	for	ADP
ajfa-6244	129	5	technical	technical	ADJ
ajfa-6244	129	6	inefficiency	inefficiency	NOUN
ajfa-6244	129	7	include	include	VERB
ajfa-6244	129	8	pure	pure	ADJ
ajfa-6244	129	9	technical	technical	ADJ
ajfa-6244	129	10	inefficiency	inefficiency	NOUN
ajfa-6244	129	11	and	and	CCONJ
ajfa-6244	129	12	inefficiency	inefficiency	NOUN
ajfa-6244	129	13	from	from	ADP
ajfa-6244	129	14	dmus	dmus	NOUN
ajfa-6244	129	15	not	not	PART
ajfa-6244	129	16	operating	operate	VERB
ajfa-6244	129	17	in	in	ADP
ajfa-6244	129	18	the	the	DET
ajfa-6244	129	19	optimal	optimal	ADJ
ajfa-6244	129	20	scale	scale	NOUN
ajfa-6244	129	21	.	.	PUNCT
ajfa-6244	130	1	tecrs＝tevrs×se	tecrs＝tevrs×se	NOUN
ajfa-6244	130	2	,	,	PUNCT
ajfa-6244	130	3	and	and	CCONJ
ajfa-6244	130	4	tevrs＝pte	tevrs＝pte	NUM
ajfa-6244	130	5	(	(	PUNCT
ajfa-6244	130	6	4	4	X
ajfa-6244	130	7	)	)	PUNCT
ajfa-6244	130	8	the	the	DET
ajfa-6244	130	9	present	present	ADJ
ajfa-6244	130	10	study	study	NOUN
ajfa-6244	130	11	measured	measure	VERB
ajfa-6244	130	12	banking	banking	NOUN
ajfa-6244	130	13	technical	technical	ADJ
ajfa-6244	130	14	efficiency	efficiency	NOUN
ajfa-6244	130	15	via	via	ADP
ajfa-6244	130	16	dea	dea	PROPN
ajfa-6244	130	17	and	and	CCONJ
ajfa-6244	130	18	analyzed	analyze	VERB
ajfa-6244	130	19	the	the	DET
ajfa-6244	130	20	effect	effect	NOUN
ajfa-6244	130	21	of	of	ADP
ajfa-6244	130	22	the	the	DET
ajfa-6244	130	23	operating	operating	NOUN
ajfa-6244	130	24	environment	environment	NOUN
ajfa-6244	130	25	and	and	CCONJ
ajfa-6244	130	26	the	the	DET
ajfa-6244	130	27	characteristics	characteristic	NOUN
ajfa-6244	130	28	of	of	ADP
ajfa-6244	130	29	banks	bank	NOUN
ajfa-6244	130	30	on	on	ADP
ajfa-6244	130	31	banking	banking	NOUN
ajfa-6244	130	32	efficiency	efficiency	NOUN
ajfa-6244	130	33	through	through	ADP
ajfa-6244	130	34	the	the	DET
ajfa-6244	130	35	tobit	tobit	NOUN
ajfa-6244	130	36	regression	regression	NOUN
ajfa-6244	130	37	model	model	NOUN
ajfa-6244	130	38	.	.	PUNCT
ajfa-6244	131	1	tobit	tobit	NOUN
ajfa-6244	131	2	analysis	analysis	NOUN
ajfa-6244	131	3	is	be	AUX
ajfa-6244	131	4	a	a	DET
ajfa-6244	131	5	limited	limited	ADJ
ajfa-6244	131	6	dependent	dependent	ADJ
ajfa-6244	131	7	variable	variable	ADJ
ajfa-6244	131	8	model	model	NOUN
ajfa-6244	131	9	.	.	PUNCT
ajfa-6244	132	1	when	when	SCONJ
ajfa-6244	132	2	the	the	DET
ajfa-6244	132	3	dependent	dependent	ADJ
ajfa-6244	132	4	variable	variable	NOUN
ajfa-6244	132	5	to	to	PART
ajfa-6244	132	6	be	be	AUX
ajfa-6244	132	7	analyzed	analyze	VERB
ajfa-6244	132	8	is	be	AUX
ajfa-6244	132	9	truncated	truncate	VERB
ajfa-6244	132	10	or	or	CCONJ
ajfa-6244	132	11	censored	censor	VERB
ajfa-6244	132	12	,	,	PUNCT
ajfa-6244	132	13	the	the	DET
ajfa-6244	132	14	concept	concept	NOUN
ajfa-6244	132	15	of	of	ADP
ajfa-6244	132	16	ordinary	ordinary	ADJ
ajfa-6244	132	17	least	least	ADJ
ajfa-6244	132	18	square	square	NOUN
ajfa-6244	132	19	is	be	AUX
ajfa-6244	132	20	not	not	PART
ajfa-6244	132	21	appropriate	appropriate	ADJ
ajfa-6244	132	22	to	to	PART
ajfa-6244	132	23	calculate	calculate	VERB
ajfa-6244	132	24	the	the	DET
ajfa-6244	132	25	regression	regression	NOUN
ajfa-6244	132	26	coefficient	coefficient	NOUN
ajfa-6244	132	27	.	.	PUNCT
ajfa-6244	133	1	under	under	ADP
ajfa-6244	133	2	this	this	DET
ajfa-6244	133	3	condition	condition	NOUN
ajfa-6244	133	4	,	,	PUNCT
ajfa-6244	133	5	the	the	DET
ajfa-6244	133	6	tobit	tobit	NOUN
ajfa-6244	133	7	model	model	NOUN
ajfa-6244	133	8	,	,	PUNCT
ajfa-6244	133	9	which	which	PRON
ajfa-6244	133	10	follows	follow	VERB
ajfa-6244	133	11	the	the	DET
ajfa-6244	133	12	idea	idea	NOUN
ajfa-6244	133	13	of	of	ADP
ajfa-6244	133	14	maximum	maximum	ADJ
ajfa-6244	133	15	likelihood	likelihood	NOUN
ajfa-6244	133	16	estimation	estimation	NOUN
ajfa-6244	133	17	,	,	PUNCT
ajfa-6244	133	18	is	be	AUX
ajfa-6244	133	19	the	the	DET
ajfa-6244	133	20	more	more	ADV
ajfa-6244	133	21	appropriate	appropriate	ADJ
ajfa-6244	133	22	tool	tool	NOUN
ajfa-6244	133	23	to	to	PART
ajfa-6244	133	24	estimate	estimate	VERB
ajfa-6244	133	25	the	the	DET
ajfa-6244	133	26	regression	regression	NOUN
ajfa-6244	133	27	coefficient	coefficient	NOUN
ajfa-6244	133	28	.	.	PUNCT
ajfa-6244	134	1	the	the	DET
ajfa-6244	134	2	general	general	ADJ
ajfa-6244	134	3	formula	formula	NOUN
ajfa-6244	134	4	for	for	ADP
ajfa-6244	134	5	the	the	DET
ajfa-6244	134	6	tobit	tobit	NOUN
ajfa-6244	134	7	model	model	NOUN
ajfa-6244	134	8	is	be	AUX
ajfa-6244	134	9	as	as	SCONJ
ajfa-6244	134	10	follows	follow	VERB
ajfa-6244	134	11	:	:	PUNCT
ajfa-6244	134	12	(	(	PUNCT
ajfa-6244	134	13	5	5	X
ajfa-6244	134	14	)	)	PUNCT
ajfa-6244	134	15	where	where	SCONJ
ajfa-6244	134	16	is	be	AUX
ajfa-6244	134	17	the	the	DET
ajfa-6244	134	18	variable	variable	ADJ
ajfa-6244	134	19	matrix	matrix	NOUN
ajfa-6244	134	20	of	of	ADP
ajfa-6244	134	21	the	the	DET
ajfa-6244	134	22	ith	ith	PROPN
ajfa-6244	134	23	independent	independent	ADJ
ajfa-6244	134	24	variable	variable	NOUN
ajfa-6244	134	25	for	for	ADP
ajfa-6244	134	26	the	the	DET
ajfa-6244	134	27	sample	sample	PROPN
ajfa-6244	134	28	bank	bank	PROPN
ajfa-6244	134	29	j	j	PROPN
ajfa-6244	134	30	,	,	PUNCT
ajfa-6244	134	31	and	and	CCONJ
ajfa-6244	134	32	is	be	AUX
ajfa-6244	134	33	the	the	DET
ajfa-6244	134	34	sample	sample	NOUN
ajfa-6244	134	35	dependent	dependent	ADJ
ajfa-6244	134	36	variable	variable	NOUN
ajfa-6244	134	37	to	to	PART
ajfa-6244	134	38	describe	describe	VERB
ajfa-6244	134	39	the	the	DET
ajfa-6244	134	40	ith	ith	PROPN
ajfa-6244	134	41	dependent	dependent	ADJ
ajfa-6244	134	42	variable	variable	NOUN
ajfa-6244	134	43	of	of	ADP
ajfa-6244	134	44	the	the	DET
ajfa-6244	134	45	sample	sample	PROPN
ajfa-6244	134	46	bank	bank	PROPN
ajfa-6244	134	47	j.	j.	PROPN
ajfa-6244	134	48	is	be	AUX
ajfa-6244	134	49	the	the	DET
ajfa-6244	134	50	residual	residual	ADJ
ajfa-6244	134	51	value	value	NOUN
ajfa-6244	134	52	from	from	ADP
ajfa-6244	134	53	the	the	DET
ajfa-6244	134	54	regression	regression	NOUN
ajfa-6244	134	55	.	.	PUNCT
ajfa-6244	135	1	in	in	ADP
ajfa-6244	135	2	the	the	DET
ajfa-6244	135	3	tobit	tobit	NOUN
ajfa-6244	135	4	regression	regression	NOUN
ajfa-6244	135	5	model	model	NOUN
ajfa-6244	135	6	,	,	PUNCT
ajfa-6244	135	7	each	each	DET
ajfa-6244	135	8	bank	bank	NOUN
ajfa-6244	135	9	’s	’s	PART
ajfa-6244	135	10	technical	technical	ADJ
ajfa-6244	135	11	efficiency	efficiency	NOUN
ajfa-6244	135	12	is	be	AUX
ajfa-6244	135	13	applied	apply	VERB
ajfa-6244	135	14	as	as	ADP
ajfa-6244	135	15	a	a	DET
ajfa-6244	135	16	dependent	dependent	ADJ
ajfa-6244	135	17	variable	variable	NOUN
ajfa-6244	135	18	.	.	PUNCT
ajfa-6244	136	1	the	the	DET
ajfa-6244	136	2	efficiency	efficiency	NOUN
ajfa-6244	136	3	value	value	NOUN
ajfa-6244	136	4	is	be	AUX
ajfa-6244	136	5	a	a	DET
ajfa-6244	136	6	constant	constant	ADJ
ajfa-6244	136	7	between	between	ADP
ajfa-6244	136	8	0	0	NUM
ajfa-6244	136	9	and	and	CCONJ
ajfa-6244	136	10	1	1	NUM
ajfa-6244	136	11	.	.	PUNCT
ajfa-6244	136	12	when	when	SCONJ
ajfa-6244	136	13	the	the	DET
ajfa-6244	136	14	efficiency	efficiency	NOUN
ajfa-6244	136	15	value	value	NOUN
ajfa-6244	136	16	is	be	AUX
ajfa-6244	136	17	equal	equal	ADJ
ajfa-6244	136	18	to	to	ADP
ajfa-6244	136	19	1	1	NUM
ajfa-6244	136	20	,	,	PUNCT
ajfa-6244	136	21	the	the	DET
ajfa-6244	136	22	bank	bank	NOUN
ajfa-6244	136	23	is	be	AUX
ajfa-6244	136	24	relatively	relatively	ADV
ajfa-6244	136	25	efficient	efficient	ADJ
ajfa-6244	136	26	compared	compare	VERB
ajfa-6244	136	27	to	to	ADP
ajfa-6244	136	28	other	other	ADJ
ajfa-6244	136	29	banks	bank	NOUN
ajfa-6244	136	30	.	.	PUNCT
ajfa-6244	137	1	this	this	DET
ajfa-6244	137	2	study	study	NOUN
ajfa-6244	137	3	examines	examine	VERB
ajfa-6244	137	4	commercial	commercial	ADJ
ajfa-6244	137	5	banks	bank	NOUN
ajfa-6244	137	6	in	in	ADP
ajfa-6244	137	7	asian	asian	ADJ
ajfa-6244	137	8	banking	banking	NOUN
ajfa-6244	137	9	sector	sector	NOUN
ajfa-6244	137	10	from	from	ADP
ajfa-6244	137	11	2004	2004	NUM
ajfa-6244	137	12	to	to	ADP
ajfa-6244	137	13	2008	2008	NUM
ajfa-6244	137	14	,	,	PUNCT
ajfa-6244	137	15	including	include	VERB
ajfa-6244	137	16	29	29	NUM
ajfa-6244	137	17	banks	bank	NOUN
ajfa-6244	137	18	in	in	ADP
ajfa-6244	137	19	china	china	PROPN
ajfa-6244	137	20	,	,	PUNCT
ajfa-6244	137	21	19	19	NUM
ajfa-6244	137	22	in	in	ADP
ajfa-6244	137	23	hong	hong	PROPN
ajfa-6244	137	24	kong	kong	PROPN
ajfa-6244	137	25	,	,	PUNCT
ajfa-6244	137	26	14	14	NUM
ajfa-6244	137	27	in	in	ADP
ajfa-6244	137	28	south	south	PROPN
ajfa-6244	137	29	korea	korea	PROPN
ajfa-6244	137	30	,	,	PUNCT
ajfa-6244	137	31	19	19	NUM
ajfa-6244	137	32	in	in	ADP
ajfa-6244	137	33	malaysia	malaysia	PROPN
ajfa-6244	137	34	,	,	PUNCT
ajfa-6244	137	35	10	10	NUM
ajfa-6244	137	36	in	in	ADP
ajfa-6244	137	37	the	the	DET
ajfa-6244	137	38	philippines	philippine	NOUN
ajfa-6244	137	39	,	,	PUNCT
ajfa-6244	137	40	14	14	NUM
ajfa-6244	137	41	in	in	ADP
ajfa-6244	137	42	thailand	thailand	PROPN
ajfa-6244	137	43	,	,	PUNCT
ajfa-6244	137	44	28	28	NUM
ajfa-6244	137	45	in	in	ADP
ajfa-6244	137	46	taiwan	taiwan	PROPN
ajfa-6244	137	47	,	,	PUNCT
ajfa-6244	137	48	and	and	CCONJ
ajfa-6244	137	49	4	4	NUM
ajfa-6244	137	50	in	in	ADP
ajfa-6244	137	51	singapore	singapore	PROPN
ajfa-6244	137	52	.	.	PUNCT
ajfa-6244	138	1	the	the	DET
ajfa-6244	138	2	bank	bank	NOUN
ajfa-6244	138	3	’s	’s	PART
ajfa-6244	138	4	financial	financial	ADJ
ajfa-6244	138	5	statements	statement	NOUN
ajfa-6244	138	6	were	be	AUX
ajfa-6244	138	7	obtained	obtain	VERB
ajfa-6244	138	8	from	from	ADP
ajfa-6244	138	9	the	the	DET
ajfa-6244	138	10	bankscope	bankscope	NOUN
ajfa-6244	138	11	database	database	NOUN
ajfa-6244	138	12	;	;	PUNCT
ajfa-6244	138	13	banks	bank	NOUN
ajfa-6244	138	14	without	without	ADP
ajfa-6244	138	15	complete	complete	ADJ
ajfa-6244	138	16	required	require	VERB
ajfa-6244	138	17	information	information	NOUN
ajfa-6244	138	18	were	be	AUX
ajfa-6244	138	19	not	not	PART
ajfa-6244	138	20	included	include	VERB
ajfa-6244	138	21	,	,	PUNCT
ajfa-6244	138	22	thus	thus	ADV
ajfa-6244	138	23	yielding	yield	VERB
ajfa-6244	138	24	the	the	DET
ajfa-6244	138	25	final	final	ADJ
ajfa-6244	138	26	sample	sample	NOUN
ajfa-6244	138	27	of	of	ADP
ajfa-6244	138	28	137	137	NUM
ajfa-6244	138	29	banks	bank	NOUN
ajfa-6244	138	30	in	in	ADP
ajfa-6244	138	31	this	this	DET
ajfa-6244	138	32	study	study	NOUN
ajfa-6244	138	33	.	.	PUNCT
ajfa-6244	139	1	denizer	denizer	NOUN
ajfa-6244	139	2	et	et	PROPN
ajfa-6244	139	3	al	al	PROPN
ajfa-6244	139	4	.	.	PROPN
ajfa-6244	140	1	(	(	PUNCT
ajfa-6244	140	2	2007	2007	NUM
ajfa-6244	140	3	)	)	PUNCT
ajfa-6244	140	4	suggested	suggest	VERB
ajfa-6244	140	5	that	that	SCONJ
ajfa-6244	140	6	using	use	VERB
ajfa-6244	140	7	the	the	DET
ajfa-6244	140	8	ratio	ratio	NOUN
ajfa-6244	140	9	of	of	ADP
ajfa-6244	140	10	interest	interest	NOUN
ajfa-6244	140	11	costs	cost	NOUN
ajfa-6244	140	12	and	and	CCONJ
ajfa-6244	140	13	interest	interest	NOUN
ajfa-6244	140	14	incomes	income	NOUN
ajfa-6244	140	15	instead	instead	ADV
ajfa-6244	140	16	of	of	ADP
ajfa-6244	140	17	the	the	DET
ajfa-6244	140	18	ratio	ratio	NOUN
ajfa-6244	140	19	of	of	ADP
ajfa-6244	140	20	costs	cost	NOUN
ajfa-6244	140	21	for	for	ADP
ajfa-6244	140	22	deposits	deposit	NOUN
ajfa-6244	140	23	and	and	CCONJ
ajfa-6244	140	24	loans	loan	NOUN
ajfa-6244	140	25	in	in	ADP
ajfa-6244	140	26	each	each	DET
ajfa-6244	140	27	stage	stage	NOUN
ajfa-6244	140	28	.	.	PUNCT
ajfa-6244	141	1	the	the	DET
ajfa-6244	141	2	weight	weight	NOUN
ajfa-6244	141	3	is	be	AUX
ajfa-6244	141	4	defined	define	VERB
ajfa-6244	141	5	such	such	ADJ
ajfa-6244	141	6	that	that	SCONJ
ajfa-6244	141	7	interest	interest	NOUN
ajfa-6244	141	8	income	income	NOUN
ajfa-6244	141	9	per	per	ADP
ajfa-6244	141	10	unit	unit	NOUN
ajfa-6244	141	11	represents	represent	VERB
ajfa-6244	141	12	one	one	NUM
ajfa-6244	141	13	unit	unit	NOUN
ajfa-6244	141	14	of	of	ADP
ajfa-6244	141	15	transaction	transaction	NOUN
ajfa-6244	141	16	in	in	ADP
ajfa-6244	141	17	the	the	DET
ajfa-6244	141	18	intermediation	intermediation	NOUN
ajfa-6244	141	19	stage	stage	NOUN
ajfa-6244	141	20	.	.	PUNCT
ajfa-6244	142	1	moreover	moreover	ADV
ajfa-6244	142	2	,	,	PUNCT
ajfa-6244	142	3	one	one	NUM
ajfa-6244	142	4	unit	unit	NOUN
ajfa-6244	142	5	of	of	ADP
ajfa-6244	142	6	interest	interest	NOUN
ajfa-6244	142	7	cost	cost	NOUN
ajfa-6244	142	8	equals	equal	VERB
ajfa-6244	142	9	the	the	DET
ajfa-6244	142	10	transaction	transaction	NOUN
ajfa-6244	142	11	per	per	ADP
ajfa-6244	142	12	unit	unit	NOUN
ajfa-6244	142	13	in	in	ADP
ajfa-6244	142	14	the	the	DET
ajfa-6244	142	15	production	production	NOUN
ajfa-6244	142	16	stage	stage	NOUN
ajfa-6244	142	17	.	.	PUNCT
ajfa-6244	143	1	asian	asian	ADJ
ajfa-6244	143	2	journal	journal	PROPN
ajfa-6244	143	3	of	of	ADP
ajfa-6244	143	4	finance	finance	PROPN
ajfa-6244	143	5	&	&	CCONJ
ajfa-6244	143	6	accounting	accounting	PROPN
ajfa-6244	143	7	issn	issn	PROPN
ajfa-6244	143	8	1946	1946	NUM
ajfa-6244	143	9	-	-	PUNCT
ajfa-6244	143	10	052x	052x	PROPN
ajfa-6244	143	11	2014	2014	NUM
ajfa-6244	143	12	,	,	PUNCT
ajfa-6244	143	13	vol	vol	NOUN
ajfa-6244	143	14	.	.	PROPN
ajfa-6244	144	1	6	6	NUM
ajfa-6244	144	2	,	,	PUNCT
ajfa-6244	144	3	no	no	INTJ
ajfa-6244	144	4	.	.	NOUN
ajfa-6244	144	5	2	2	NUM
ajfa-6244	144	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	144	7	477	477	NUM
ajfa-6244	144	8	therefore	therefore	ADV
ajfa-6244	144	9	,	,	PUNCT
ajfa-6244	144	10	the	the	DET
ajfa-6244	144	11	measure	measure	NOUN
ajfa-6244	144	12	of	of	ADP
ajfa-6244	144	13	the	the	DET
ajfa-6244	144	14	weight	weight	NOUN
ajfa-6244	144	15	in	in	ADP
ajfa-6244	144	16	the	the	DET
ajfa-6244	144	17	production	production	NOUN
ajfa-6244	144	18	stage	stage	NOUN
ajfa-6244	144	19	is	be	AUX
ajfa-6244	144	20	given	give	VERB
ajfa-6244	144	21	as	as	ADP
ajfa-6244	144	22	:	:	PUNCT
ajfa-6244	144	23	weight	weight	NOUN
ajfa-6244	144	24	=	=	SYM
ajfa-6244	144	25	interest	interest	NOUN
ajfa-6244	144	26	costs	cost	NOUN
ajfa-6244	144	27	/	/	SYM
ajfa-6244	144	28	(	(	PUNCT
ajfa-6244	144	29	interest	interest	NOUN
ajfa-6244	144	30	costs	cost	NOUN
ajfa-6244	144	31	＋	＋	PUNCT
ajfa-6244	144	32	interest	interest	NOUN
ajfa-6244	144	33	incomes	income	NOUN
ajfa-6244	144	34	)	)	PUNCT
ajfa-6244	144	35	.	.	PUNCT
ajfa-6244	145	1	the	the	DET
ajfa-6244	145	2	weight	weight	NOUN
ajfa-6244	145	3	in	in	ADP
ajfa-6244	145	4	the	the	DET
ajfa-6244	145	5	intermediation	intermediation	NOUN
ajfa-6244	145	6	stage	stage	NOUN
ajfa-6244	145	7	is	be	AUX
ajfa-6244	145	8	calculated	calculate	VERB
ajfa-6244	145	9	as	as	ADP
ajfa-6244	145	10	:	:	PUNCT
ajfa-6244	145	11	weight	weight	NOUN
ajfa-6244	145	12	=	=	SYM
ajfa-6244	145	13	interest	interest	NOUN
ajfa-6244	145	14	incomes	income	NOUN
ajfa-6244	145	15	/	/	PUNCT
ajfa-6244	145	16	(	(	PUNCT
ajfa-6244	145	17	interest	interest	NOUN
ajfa-6244	145	18	costs	cost	NOUN
ajfa-6244	145	19	＋	＋	PUNCT
ajfa-6244	145	20	interest	interest	NOUN
ajfa-6244	145	21	incomes	income	NOUN
ajfa-6244	145	22	)	)	PUNCT
ajfa-6244	145	23	.	.	PUNCT
ajfa-6244	146	1	the	the	DET
ajfa-6244	146	2	definitions	definition	NOUN
ajfa-6244	146	3	of	of	ADP
ajfa-6244	146	4	input	input	NOUN
ajfa-6244	146	5	and	and	CCONJ
ajfa-6244	146	6	output	output	NOUN
ajfa-6244	146	7	variables	variable	NOUN
ajfa-6244	146	8	in	in	ADP
ajfa-6244	146	9	the	the	DET
ajfa-6244	146	10	two	two	NUM
ajfa-6244	146	11	stages	stage	NOUN
ajfa-6244	146	12	are	be	AUX
ajfa-6244	146	13	as	as	SCONJ
ajfa-6244	146	14	follows	follow	VERB
ajfa-6244	146	15	:	:	PUNCT
ajfa-6244	146	16	the	the	DET
ajfa-6244	146	17	input	input	NOUN
ajfa-6244	146	18	variables	variable	VERB
ajfa-6244	146	19	in	in	ADP
ajfa-6244	146	20	the	the	DET
ajfa-6244	146	21	production	production	NOUN
ajfa-6244	146	22	stage	stage	NOUN
ajfa-6244	146	23	are	be	AUX
ajfa-6244	146	24	(	(	PUNCT
ajfa-6244	146	25	1	1	X
ajfa-6244	146	26	)	)	PUNCT
ajfa-6244	146	27	total	total	ADJ
ajfa-6244	146	28	resources	resource	NOUN
ajfa-6244	146	29	owned	own	VERB
ajfa-6244	146	30	by	by	ADP
ajfa-6244	146	31	the	the	DET
ajfa-6244	146	32	bank	bank	NOUN
ajfa-6244	146	33	(	(	PUNCT
ajfa-6244	146	34	including	include	VERB
ajfa-6244	146	35	physical	physical	ADJ
ajfa-6244	146	36	and	and	CCONJ
ajfa-6244	146	37	financial	financial	ADJ
ajfa-6244	146	38	capital	capital	NOUN
ajfa-6244	146	39	)	)	PUNCT
ajfa-6244	146	40	×	×	NOUN
ajfa-6244	146	41	the	the	DET
ajfa-6244	146	42	weight	weight	NOUN
ajfa-6244	146	43	in	in	ADP
ajfa-6244	146	44	the	the	DET
ajfa-6244	146	45	production	production	NOUN
ajfa-6244	146	46	stage	stage	NOUN
ajfa-6244	146	47	=	=	PUNCT
ajfa-6244	146	48	(	(	PUNCT
ajfa-6244	146	49	fixed	fix	VERB
ajfa-6244	146	50	assets	asset	NOUN
ajfa-6244	146	51	+	+	CCONJ
ajfa-6244	146	52	equity	equity	NOUN
ajfa-6244	146	53	capital	capital	NOUN
ajfa-6244	146	54	)	)	PUNCT
ajfa-6244	146	55	×	×	NOUN
ajfa-6244	147	1	[	[	X
ajfa-6244	147	2	interest	interest	NOUN
ajfa-6244	147	3	costs	cost	NOUN
ajfa-6244	147	4	/	/	SYM
ajfa-6244	147	5	(	(	PUNCT
ajfa-6244	147	6	interest	interest	NOUN
ajfa-6244	147	7	costs	cost	NOUN
ajfa-6244	147	8	+	+	CCONJ
ajfa-6244	147	9	interest	interest	NOUN
ajfa-6244	147	10	incomes	income	NOUN
ajfa-6244	147	11	)	)	PUNCT
ajfa-6244	147	12	]	]	PUNCT
ajfa-6244	147	13	;	;	PUNCT
ajfa-6244	147	14	(	(	PUNCT
ajfa-6244	147	15	2	2	X
ajfa-6244	147	16	)	)	PUNCT
ajfa-6244	147	17	non	non	ADJ
ajfa-6244	147	18	-	-	ADJ
ajfa-6244	147	19	interest	interest	ADJ
ajfa-6244	147	20	operating	operating	NOUN
ajfa-6244	147	21	expenses	expense	NOUN
ajfa-6244	147	22	×	×	VERB
ajfa-6244	147	23	the	the	DET
ajfa-6244	147	24	weight	weight	NOUN
ajfa-6244	147	25	in	in	ADP
ajfa-6244	147	26	the	the	DET
ajfa-6244	147	27	production	production	NOUN
ajfa-6244	147	28	stage	stage	NOUN
ajfa-6244	147	29	;	;	PUNCT
ajfa-6244	147	30	and	and	CCONJ
ajfa-6244	147	31	(	(	PUNCT
ajfa-6244	147	32	3	3	X
ajfa-6244	147	33	)	)	PUNCT
ajfa-6244	147	34	interest	interest	NOUN
ajfa-6244	147	35	costs	cost	NOUN
ajfa-6244	147	36	.	.	PUNCT
ajfa-6244	148	1	the	the	DET
ajfa-6244	148	2	output	output	NOUN
ajfa-6244	148	3	variables	variable	VERB
ajfa-6244	148	4	in	in	ADP
ajfa-6244	148	5	the	the	DET
ajfa-6244	148	6	production	production	NOUN
ajfa-6244	148	7	stage	stage	NOUN
ajfa-6244	148	8	are	be	AUX
ajfa-6244	148	9	(	(	PUNCT
ajfa-6244	148	10	1	1	NUM
ajfa-6244	148	11	)	)	PUNCT
ajfa-6244	148	12	non	non	ADJ
ajfa-6244	148	13	-	-	ADJ
ajfa-6244	148	14	interest	interest	ADJ
ajfa-6244	148	15	incomes	income	NOUN
ajfa-6244	148	16	and	and	CCONJ
ajfa-6244	148	17	(	(	PUNCT
ajfa-6244	148	18	2	2	X
ajfa-6244	148	19	)	)	PUNCT
ajfa-6244	148	20	total	total	ADJ
ajfa-6244	148	21	deposits	deposit	NOUN
ajfa-6244	148	22	.	.	PUNCT
ajfa-6244	149	1	the	the	DET
ajfa-6244	149	2	input	input	NOUN
ajfa-6244	149	3	variables	variable	VERB
ajfa-6244	149	4	in	in	ADP
ajfa-6244	149	5	the	the	DET
ajfa-6244	149	6	intermediation	intermediation	NOUN
ajfa-6244	149	7	stage	stage	NOUN
ajfa-6244	149	8	are	be	AUX
ajfa-6244	149	9	(	(	PUNCT
ajfa-6244	149	10	1	1	X
ajfa-6244	149	11	)	)	PUNCT
ajfa-6244	149	12	total	total	ADJ
ajfa-6244	149	13	resources	resource	NOUN
ajfa-6244	149	14	owned	own	VERB
ajfa-6244	149	15	by	by	ADP
ajfa-6244	149	16	the	the	DET
ajfa-6244	149	17	bank	bank	NOUN
ajfa-6244	149	18	(	(	PUNCT
ajfa-6244	149	19	including	include	VERB
ajfa-6244	149	20	physical	physical	ADJ
ajfa-6244	149	21	and	and	CCONJ
ajfa-6244	149	22	financial	financial	ADJ
ajfa-6244	149	23	capital	capital	NOUN
ajfa-6244	149	24	)	)	PUNCT
ajfa-6244	149	25	×	×	NOUN
ajfa-6244	149	26	the	the	DET
ajfa-6244	149	27	weight	weight	NOUN
ajfa-6244	149	28	in	in	ADP
ajfa-6244	149	29	the	the	DET
ajfa-6244	149	30	intermediary	intermediary	ADJ
ajfa-6244	149	31	stage	stage	NOUN
ajfa-6244	149	32	=	=	PUNCT
ajfa-6244	149	33	(	(	PUNCT
ajfa-6244	149	34	fixed	fix	VERB
ajfa-6244	149	35	assets	asset	NOUN
ajfa-6244	149	36	+	+	CCONJ
ajfa-6244	149	37	equity	equity	NOUN
ajfa-6244	149	38	capital	capital	NOUN
ajfa-6244	149	39	)	)	PUNCT
ajfa-6244	149	40	×	×	NOUN
ajfa-6244	150	1	[	[	X
ajfa-6244	150	2	interest	interest	NOUN
ajfa-6244	150	3	incomes	income	NOUN
ajfa-6244	150	4	/	/	PUNCT
ajfa-6244	150	5	(	(	PUNCT
ajfa-6244	150	6	interest	interest	NOUN
ajfa-6244	150	7	costs	cost	NOUN
ajfa-6244	150	8	+	+	CCONJ
ajfa-6244	150	9	interest	interest	NOUN
ajfa-6244	150	10	incomes	income	NOUN
ajfa-6244	150	11	)	)	PUNCT
ajfa-6244	150	12	]	]	PUNCT
ajfa-6244	150	13	;	;	PUNCT
ajfa-6244	150	14	(	(	PUNCT
ajfa-6244	150	15	2	2	X
ajfa-6244	150	16	)	)	PUNCT
ajfa-6244	150	17	non	non	ADJ
ajfa-6244	150	18	-	-	ADJ
ajfa-6244	150	19	interest	interest	ADJ
ajfa-6244	150	20	operating	operating	NOUN
ajfa-6244	150	21	expenses	expense	NOUN
ajfa-6244	150	22	×	×	VERB
ajfa-6244	150	23	the	the	DET
ajfa-6244	150	24	weight	weight	NOUN
ajfa-6244	150	25	in	in	ADP
ajfa-6244	150	26	the	the	DET
ajfa-6244	150	27	intermediation	intermediation	NOUN
ajfa-6244	150	28	stage	stage	NOUN
ajfa-6244	150	29	;	;	PUNCT
ajfa-6244	150	30	and	and	CCONJ
ajfa-6244	150	31	(	(	PUNCT
ajfa-6244	150	32	3	3	X
ajfa-6244	150	33	)	)	PUNCT
ajfa-6244	150	34	total	total	ADJ
ajfa-6244	150	35	deposits	deposit	NOUN
ajfa-6244	150	36	.	.	PUNCT
ajfa-6244	151	1	the	the	DET
ajfa-6244	151	2	output	output	NOUN
ajfa-6244	151	3	variables	variable	VERB
ajfa-6244	151	4	in	in	ADP
ajfa-6244	151	5	the	the	DET
ajfa-6244	151	6	intermediation	intermediation	NOUN
ajfa-6244	151	7	stage	stage	NOUN
ajfa-6244	151	8	are	be	AUX
ajfa-6244	151	9	(	(	PUNCT
ajfa-6244	151	10	1	1	NUM
ajfa-6244	151	11	)	)	PUNCT
ajfa-6244	151	12	total	total	ADJ
ajfa-6244	151	13	loans	loan	NOUN
ajfa-6244	151	14	and	and	CCONJ
ajfa-6244	151	15	(	(	PUNCT
ajfa-6244	151	16	2	2	X
ajfa-6244	151	17	)	)	PUNCT
ajfa-6244	151	18	banking	banking	NOUN
ajfa-6244	151	19	service	service	NOUN
ajfa-6244	151	20	incomes	income	NOUN
ajfa-6244	151	21	(	(	PUNCT
ajfa-6244	151	22	including	include	VERB
ajfa-6244	151	23	interest	interest	NOUN
ajfa-6244	151	24	,	,	PUNCT
ajfa-6244	151	25	commission	commission	NOUN
ajfa-6244	151	26	,	,	PUNCT
ajfa-6244	151	27	and	and	CCONJ
ajfa-6244	151	28	fees	fee	NOUN
ajfa-6244	151	29	)	)	PUNCT
ajfa-6244	151	30	.	.	PUNCT
ajfa-6244	152	1	the	the	DET
ajfa-6244	152	2	factors	factor	NOUN
ajfa-6244	152	3	that	that	PRON
ajfa-6244	152	4	affect	affect	VERB
ajfa-6244	152	5	banking	banking	NOUN
ajfa-6244	152	6	efficiency	efficiency	NOUN
ajfa-6244	152	7	in	in	ADP
ajfa-6244	152	8	the	the	DET
ajfa-6244	152	9	tobit	tobit	NOUN
ajfa-6244	152	10	regression	regression	NOUN
ajfa-6244	152	11	model	model	NOUN
ajfa-6244	152	12	are	be	AUX
ajfa-6244	152	13	the	the	DET
ajfa-6244	152	14	following	follow	VERB
ajfa-6244	152	15	:	:	PUNCT
ajfa-6244	152	16	roa	roa	PROPN
ajfa-6244	152	17	(	(	PUNCT
ajfa-6244	152	18	return	return	VERB
ajfa-6244	152	19	on	on	ADP
ajfa-6244	152	20	assets	asset	NOUN
ajfa-6244	152	21	)	)	PUNCT
ajfa-6244	152	22	is	be	AUX
ajfa-6244	152	23	defined	define	VERB
ajfa-6244	152	24	as	as	ADP
ajfa-6244	152	25	pre	pre	ADJ
ajfa-6244	152	26	-	-	ADJ
ajfa-6244	152	27	tax	tax	ADJ
ajfa-6244	152	28	net	net	ADJ
ajfa-6244	152	29	profit	profit	NOUN
ajfa-6244	152	30	/	/	SYM
ajfa-6244	152	31	total	total	ADJ
ajfa-6244	152	32	assets	asset	NOUN
ajfa-6244	152	33	and	and	CCONJ
ajfa-6244	152	34	is	be	AUX
ajfa-6244	152	35	used	use	VERB
ajfa-6244	152	36	to	to	PART
ajfa-6244	152	37	evaluate	evaluate	VERB
ajfa-6244	152	38	the	the	DET
ajfa-6244	152	39	effect	effect	NOUN
ajfa-6244	152	40	of	of	ADP
ajfa-6244	152	41	profitability	profitability	NOUN
ajfa-6244	152	42	on	on	ADP
ajfa-6244	152	43	efficiency	efficiency	NOUN
ajfa-6244	152	44	;	;	PUNCT
ajfa-6244	152	45	lnta	lnta	NOUN
ajfa-6244	152	46	(	(	PUNCT
ajfa-6244	152	47	the	the	DET
ajfa-6244	152	48	natural	natural	ADJ
ajfa-6244	152	49	log	log	NOUN
ajfa-6244	152	50	of	of	ADP
ajfa-6244	152	51	total	total	ADJ
ajfa-6244	152	52	assets	asset	NOUN
ajfa-6244	152	53	)	)	PUNCT
ajfa-6244	152	54	evaluates	evaluate	VERB
ajfa-6244	152	55	the	the	DET
ajfa-6244	152	56	effect	effect	NOUN
ajfa-6244	152	57	of	of	ADP
ajfa-6244	152	58	a	a	DET
ajfa-6244	152	59	bank	bank	NOUN
ajfa-6244	152	60	’s	’s	PART
ajfa-6244	152	61	scale	scale	NOUN
ajfa-6244	152	62	on	on	ADP
ajfa-6244	152	63	efficiency	efficiency	NOUN
ajfa-6244	152	64	;	;	PUNCT
ajfa-6244	152	65	llp	llp	PROPN
ajfa-6244	152	66	/	/	SYM
ajfa-6244	152	67	loan	loan	PROPN
ajfa-6244	152	68	(	(	PUNCT
ajfa-6244	152	69	loan	loan	NOUN
ajfa-6244	152	70	loss	loss	NOUN
ajfa-6244	152	71	reserves	reserve	NOUN
ajfa-6244	152	72	/	/	SYM
ajfa-6244	152	73	loans	loan	NOUN
ajfa-6244	152	74	)	)	PUNCT
ajfa-6244	152	75	measures	measure	VERB
ajfa-6244	152	76	the	the	DET
ajfa-6244	152	77	effect	effect	NOUN
ajfa-6244	152	78	of	of	ADP
ajfa-6244	152	79	a	a	DET
ajfa-6244	152	80	bank	bank	NOUN
ajfa-6244	152	81	’s	’s	PART
ajfa-6244	152	82	loan	loan	NOUN
ajfa-6244	152	83	quality	quality	NOUN
ajfa-6244	152	84	on	on	ADP
ajfa-6244	152	85	efficiency	efficiency	NOUN
ajfa-6244	152	86	[	[	X
ajfa-6244	152	87	llp	llp	PROPN
ajfa-6244	152	88	/	/	SYM
ajfa-6244	152	89	loan	loan	NOUN
ajfa-6244	152	90	is	be	AUX
ajfa-6244	152	91	classified	classify	VERB
ajfa-6244	152	92	as	as	ADP
ajfa-6244	152	93	a	a	DET
ajfa-6244	152	94	factor	factor	NOUN
ajfa-6244	152	95	affecting	affect	VERB
ajfa-6244	152	96	bank	bank	NOUN
ajfa-6244	152	97	efficiency	efficiency	NOUN
ajfa-6244	152	98	in	in	ADP
ajfa-6244	152	99	the	the	DET
ajfa-6244	152	100	intermediation	intermediation	NOUN
ajfa-6244	152	101	stage	stage	NOUN
ajfa-6244	152	102	only	only	ADV
ajfa-6244	152	103	]	]	PUNCT
ajfa-6244	152	104	;	;	PUNCT
ajfa-6244	152	105	nie	nie	PROPN
ajfa-6244	152	106	/	/	SYM
ajfa-6244	152	107	ta	ta	PROPN
ajfa-6244	152	108	(	(	PUNCT
ajfa-6244	152	109	non	non	ADJ
ajfa-6244	152	110	-	-	ADJ
ajfa-6244	152	111	interest	interest	ADJ
ajfa-6244	152	112	expenses	expense	NOUN
ajfa-6244	152	113	/	/	SYM
ajfa-6244	152	114	total	total	ADJ
ajfa-6244	152	115	assets	asset	NOUN
ajfa-6244	152	116	)	)	PUNCT
ajfa-6244	152	117	evaluates	evaluate	VERB
ajfa-6244	152	118	the	the	DET
ajfa-6244	152	119	effect	effect	NOUN
ajfa-6244	152	120	of	of	ADP
ajfa-6244	152	121	operating	operating	NOUN
ajfa-6244	152	122	costs	cost	NOUN
ajfa-6244	152	123	on	on	ADP
ajfa-6244	152	124	efficiency	efficiency	NOUN
ajfa-6244	152	125	.	.	PUNCT
ajfa-6244	153	1	e	e	X
ajfa-6244	153	2	/	/	SYM
ajfa-6244	153	3	ta	ta	PROPN
ajfa-6244	153	4	(	(	PUNCT
ajfa-6244	153	5	shareholders	shareholder	NOUN
ajfa-6244	153	6	equity	equity	NOUN
ajfa-6244	153	7	/	/	SYM
ajfa-6244	153	8	total	total	ADJ
ajfa-6244	153	9	assets	asset	NOUN
ajfa-6244	153	10	)	)	PUNCT
ajfa-6244	153	11	measures	measure	VERB
ajfa-6244	153	12	the	the	DET
ajfa-6244	153	13	effect	effect	NOUN
ajfa-6244	153	14	of	of	ADP
ajfa-6244	153	15	leverage	leverage	NOUN
ajfa-6244	153	16	on	on	ADP
ajfa-6244	153	17	efficiency	efficiency	NOUN
ajfa-6244	153	18	;	;	PUNCT
ajfa-6244	153	19	gdp	gdp	NOUN
ajfa-6244	153	20	growth	growth	NOUN
ajfa-6244	153	21	rate	rate	NOUN
ajfa-6244	153	22	:	:	PUNCT
ajfa-6244	153	23	evaluates	evaluate	VERB
ajfa-6244	153	24	the	the	DET
ajfa-6244	153	25	effect	effect	NOUN
ajfa-6244	153	26	of	of	ADP
ajfa-6244	153	27	economic	economic	ADJ
ajfa-6244	153	28	conditions	condition	NOUN
ajfa-6244	153	29	on	on	ADP
ajfa-6244	153	30	bank	bank	NOUN
ajfa-6244	153	31	efficiency	efficiency	NOUN
ajfa-6244	153	32	.	.	PUNCT
ajfa-6244	154	1	the	the	DET
ajfa-6244	154	2	data	datum	NOUN
ajfa-6244	154	3	for	for	ADP
ajfa-6244	154	4	this	this	DET
ajfa-6244	154	5	variable	variable	NOUN
ajfa-6244	154	6	come	come	VERB
ajfa-6244	154	7	from	from	ADP
ajfa-6244	154	8	the	the	DET
ajfa-6244	154	9	world	world	PROPN
ajfa-6244	154	10	bank	bank	PROPN
ajfa-6244	154	11	database	database	NOUN
ajfa-6244	154	12	;	;	PUNCT
ajfa-6244	154	13	mcc	mcc	NOUN
ajfa-6244	154	14	(	(	PUNCT
ajfa-6244	154	15	market	market	NOUN
ajfa-6244	154	16	concentration	concentration	NOUN
ajfa-6244	154	17	ratio	ratio	NOUN
ajfa-6244	154	18	):	):	PUNCT
ajfa-6244	154	19	the	the	DET
ajfa-6244	154	20	total	total	ADJ
ajfa-6244	154	21	assets	asset	NOUN
ajfa-6244	154	22	of	of	ADP
ajfa-6244	154	23	the	the	DET
ajfa-6244	154	24	top	top	ADJ
ajfa-6244	154	25	three	three	NUM
ajfa-6244	154	26	banks	bank	NOUN
ajfa-6244	154	27	in	in	ADP
ajfa-6244	154	28	a	a	DET
ajfa-6244	154	29	country	country	NOUN
ajfa-6244	154	30	divided	divide	VERB
ajfa-6244	154	31	by	by	ADP
ajfa-6244	154	32	the	the	DET
ajfa-6244	154	33	total	total	ADJ
ajfa-6244	154	34	assets	asset	NOUN
ajfa-6244	154	35	in	in	ADP
ajfa-6244	154	36	the	the	DET
ajfa-6244	154	37	country	country	NOUN
ajfa-6244	154	38	’s	’s	PART
ajfa-6244	154	39	banking	banking	NOUN
ajfa-6244	154	40	sector	sector	NOUN
ajfa-6244	154	41	(	(	PUNCT
ajfa-6244	154	42	beck	beck	PROPN
ajfa-6244	154	43	et	et	PROPN
ajfa-6244	154	44	al	al	PROPN
ajfa-6244	154	45	.	.	PROPN
ajfa-6244	154	46	,	,	PUNCT
ajfa-6244	154	47	2006	2006	NUM
ajfa-6244	154	48	)	)	PUNCT
ajfa-6244	154	49	.	.	PUNCT
ajfa-6244	155	1	4	4	X
ajfa-6244	155	2	.	.	X
ajfa-6244	155	3	empirical	empirical	ADJ
ajfa-6244	155	4	results	result	NOUN
ajfa-6244	155	5	4.1	4.1	NUM
ajfa-6244	155	6	operational	operational	ADJ
ajfa-6244	155	7	efficiency	efficiency	NOUN
ajfa-6244	155	8	in	in	ADP
ajfa-6244	155	9	asian	asian	ADJ
ajfa-6244	155	10	banking	banking	NOUN
ajfa-6244	155	11	as	as	SCONJ
ajfa-6244	155	12	seen	see	VERB
ajfa-6244	155	13	from	from	ADP
ajfa-6244	155	14	table	table	NOUN
ajfa-6244	155	15	1	1	NUM
ajfa-6244	155	16	,	,	PUNCT
ajfa-6244	155	17	the	the	DET
ajfa-6244	155	18	average	average	ADJ
ajfa-6244	155	19	technical	technical	ADJ
ajfa-6244	155	20	efficiency	efficiency	NOUN
ajfa-6244	155	21	over	over	ADP
ajfa-6244	155	22	five	five	NUM
ajfa-6244	155	23	years	year	NOUN
ajfa-6244	155	24	in	in	ADP
ajfa-6244	155	25	the	the	DET
ajfa-6244	155	26	production	production	NOUN
ajfa-6244	155	27	stage	stage	NOUN
ajfa-6244	155	28	is	be	AUX
ajfa-6244	155	29	0.6940	0.6940	NUM
ajfa-6244	155	30	in	in	ADP
ajfa-6244	155	31	china	china	PROPN
ajfa-6244	155	32	,	,	PUNCT
ajfa-6244	155	33	0.7649	0.7649	NUM
ajfa-6244	155	34	in	in	ADP
ajfa-6244	155	35	taiwan	taiwan	PROPN
ajfa-6244	155	36	,	,	PUNCT
ajfa-6244	155	37	0.8007	0.8007	NUM
ajfa-6244	155	38	in	in	ADP
ajfa-6244	155	39	south	south	PROPN
ajfa-6244	155	40	korea	korea	PROPN
ajfa-6244	155	41	,	,	PUNCT
ajfa-6244	155	42	0.5170	0.5170	NUM
ajfa-6244	155	43	in	in	ADP
ajfa-6244	155	44	hong	hong	PROPN
ajfa-6244	155	45	kong	kong	PROPN
ajfa-6244	155	46	,	,	PUNCT
ajfa-6244	155	47	0.6589	0.6589	NUM
ajfa-6244	155	48	in	in	ADP
ajfa-6244	155	49	thailand	thailand	PROPN
ajfa-6244	155	50	,	,	PUNCT
ajfa-6244	155	51	0.7516	0.7516	NUM
ajfa-6244	155	52	in	in	ADP
ajfa-6244	155	53	malaysia	malaysia	PROPN
ajfa-6244	155	54	,	,	PUNCT
ajfa-6244	155	55	0.7813	0.7813	NUM
ajfa-6244	155	56	in	in	ADP
ajfa-6244	155	57	the	the	DET
ajfa-6244	155	58	philippines	philippine	NOUN
ajfa-6244	155	59	and	and	CCONJ
ajfa-6244	155	60	0.8907	0.8907	NUM
ajfa-6244	155	61	in	in	ADP
ajfa-6244	155	62	singapore	singapore	PROPN
ajfa-6244	155	63	.	.	PUNCT
ajfa-6244	156	1	on	on	ADP
ajfa-6244	156	2	the	the	DET
ajfa-6244	156	3	other	other	ADJ
ajfa-6244	156	4	hand	hand	NOUN
ajfa-6244	156	5	,	,	PUNCT
ajfa-6244	156	6	the	the	DET
ajfa-6244	156	7	average	average	ADJ
ajfa-6244	156	8	technical	technical	ADJ
ajfa-6244	156	9	efficiency	efficiency	NOUN
ajfa-6244	156	10	over	over	ADP
ajfa-6244	156	11	five	five	NUM
ajfa-6244	156	12	years	year	NOUN
ajfa-6244	156	13	in	in	ADP
ajfa-6244	156	14	the	the	DET
ajfa-6244	156	15	intermediation	intermediation	NOUN
ajfa-6244	156	16	stage	stage	NOUN
ajfa-6244	156	17	is	be	AUX
ajfa-6244	156	18	0.8284	0.8284	NUM
ajfa-6244	156	19	in	in	ADP
ajfa-6244	156	20	china	china	PROPN
ajfa-6244	156	21	,	,	PUNCT
ajfa-6244	156	22	0.8846	0.8846	NUM
ajfa-6244	156	23	in	in	ADP
ajfa-6244	156	24	taiwan	taiwan	PROPN
ajfa-6244	156	25	,	,	PUNCT
ajfa-6244	156	26	0.7036	0.7036	NUM
ajfa-6244	156	27	in	in	ADP
ajfa-6244	156	28	south	south	PROPN
ajfa-6244	156	29	korea	korea	PROPN
ajfa-6244	156	30	,	,	PUNCT
ajfa-6244	156	31	0.7841	0.7841	NUM
ajfa-6244	156	32	in	in	ADP
ajfa-6244	156	33	hong	hong	PROPN
ajfa-6244	156	34	kong	kong	PROPN
ajfa-6244	156	35	,	,	PUNCT
ajfa-6244	156	36	0.6429	0.6429	NUM
ajfa-6244	156	37	in	in	ADP
ajfa-6244	156	38	thailand	thailand	PROPN
ajfa-6244	156	39	,	,	PUNCT
ajfa-6244	156	40	0.7792	0.7792	NUM
ajfa-6244	156	41	in	in	ADP
ajfa-6244	156	42	malaysia	malaysia	PROPN
ajfa-6244	156	43	,	,	PUNCT
ajfa-6244	156	44	0.8362	0.8362	NUM
ajfa-6244	156	45	in	in	ADP
ajfa-6244	156	46	the	the	DET
ajfa-6244	156	47	philippines	philippine	NOUN
ajfa-6244	156	48	and	and	CCONJ
ajfa-6244	156	49	0.8458	0.8458	NUM
ajfa-6244	156	50	in	in	ADP
ajfa-6244	156	51	singapore	singapore	PROPN
ajfa-6244	156	52	.	.	PUNCT
ajfa-6244	157	1	asian	asian	ADJ
ajfa-6244	157	2	journal	journal	PROPN
ajfa-6244	157	3	of	of	ADP
ajfa-6244	157	4	finance	finance	PROPN
ajfa-6244	157	5	&	&	CCONJ
ajfa-6244	157	6	accounting	accounting	PROPN
ajfa-6244	157	7	issn	issn	PROPN
ajfa-6244	157	8	1946	1946	NUM
ajfa-6244	157	9	-	-	PUNCT
ajfa-6244	157	10	052x	052x	PROPN
ajfa-6244	157	11	2014	2014	NUM
ajfa-6244	157	12	,	,	PUNCT
ajfa-6244	157	13	vol	vol	NOUN
ajfa-6244	157	14	.	.	PROPN
ajfa-6244	158	1	6	6	NUM
ajfa-6244	158	2	,	,	PUNCT
ajfa-6244	158	3	no	no	INTJ
ajfa-6244	158	4	.	.	NOUN
ajfa-6244	158	5	2	2	NUM
ajfa-6244	158	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6244	158	7	478	478	NUM
ajfa-6244	158	8	table	table	NOUN
ajfa-6244	158	9	1	1	NUM
ajfa-6244	158	10	.	.	PUNCT
ajfa-6244	158	11	efficiency	efficiency	NOUN
ajfa-6244	158	12	value	value	NOUN
ajfa-6244	158	13	of	of	ADP
ajfa-6244	158	14	two	two	NUM
ajfa-6244	158	15	-	-	PUNCT
ajfa-6244	158	16	stages	stage	NOUN
ajfa-6244	158	17	banking	banking	NOUN
ajfa-6244	158	18	model	model	NOUN
ajfa-6244	158	19	country	country	NOUN
ajfa-6244	158	20	year	year	NOUN
ajfa-6244	158	21	production	production	NOUN
ajfa-6244	158	22	stage	stage	NOUN
ajfa-6244	158	23	intermediation	intermediation	NOUN
ajfa-6244	158	24	stage	stage	NOUN
ajfa-6244	158	25	te	te	X
ajfa-6244	158	26	pte	pte	VERB
ajfa-6244	158	27	se	se	PROPN
ajfa-6244	158	28	te	te	PROPN
ajfa-6244	158	29	pte	pte	PROPN
ajfa-6244	158	30	se	se	PROPN
ajfa-6244	158	31	china	china	PROPN
ajfa-6244	158	32	2008	2008	NUM
ajfa-6244	158	33	2007	2007	NUM
ajfa-6244	158	34	2006	2006	NUM
ajfa-6244	158	35	2005	2005	NUM
ajfa-6244	158	36	2004	2004	NUM
ajfa-6244	158	37	04~08	04~08	NUM
ajfa-6244	158	38	0.6500	0.6500	NUM
ajfa-6244	158	39	0.6952	0.6952	NUM
ajfa-6244	158	40	0.6890	0.6890	NUM
ajfa-6244	158	41	0.7072	0.7072	NUM
ajfa-6244	158	42	0.7288	0.7288	NUM
ajfa-6244	158	43	0.6940	0.6940	NUM
ajfa-6244	158	44	0.7300	0.7300	NUM
ajfa-6244	158	45	0.7653	0.7653	NUM
ajfa-6244	158	46	0.7684	0.7684	NUM
ajfa-6244	158	47	0.7800	0.7800	NUM
ajfa-6244	158	48	0.7921	0.7921	NUM
ajfa-6244	158	49	0.7672	0.7672	NUM
ajfa-6244	158	50	0.8963	0.8963	NUM
ajfa-6244	158	51	0.9138	0.9138	NUM
ajfa-6244	158	52	0.8963	0.8963	NUM
ajfa-6244	158	53	0.9066	0.9066	NUM
ajfa-6244	158	54	0.9164	0.9164	NOUN
ajfa-6244	158	55	0.9059	0.9059	NUM
ajfa-6244	159	1	0.8347	0.8347	NUM
ajfa-6244	159	2	0.8286	0.8286	NUM
ajfa-6244	159	3	0.8410	0.8410	NUM
ajfa-6244	159	4	0.8249	0.8249	NUM
ajfa-6244	159	5	0.8130	0.8130	NUM
ajfa-6244	160	1	0.8284	0.8284	NUM
ajfa-6244	160	2	0.8960	0.8960	NUM
ajfa-6244	161	1	0.8889	0.8889	NUM
ajfa-6244	161	2	0.8877	0.8877	NUM
ajfa-6244	161	3	0.8708	0.8708	NUM
ajfa-6244	161	4	0.8819	0.8819	NUM
ajfa-6244	161	5	0.8850	0.8850	NUM
ajfa-6244	161	6	0.9339	0.9339	NUM
ajfa-6244	161	7	0.9352	0.9352	NUM
ajfa-6244	161	8	0.9496	0.9496	NUM
ajfa-6244	161	9	0.9501	0.9501	NUM
ajfa-6244	161	10	0.9255	0.9255	NUM
ajfa-6244	161	11	0.9389	0.9389	NUM
ajfa-6244	161	12	taiwan	taiwan	PROPN
ajfa-6244	161	13	2008	2008	NUM
ajfa-6244	161	14	2007	2007	NUM
ajfa-6244	161	15	2006	2006	NUM
ajfa-6244	161	16	2005	2005	NUM
ajfa-6244	161	17	2004	2004	NUM
ajfa-6244	161	18	04~08	04~08	NUM
ajfa-6244	162	1	0.6953	0.6953	NUM
ajfa-6244	162	2	0.6870	0.6870	NUM
ajfa-6244	162	3	0.7458	0.7458	NUM
ajfa-6244	162	4	0.8218	0.8218	NUM
ajfa-6244	162	5	0.8747	0.8747	NUM
ajfa-6244	162	6	0.7649	0.7649	NUM
ajfa-6244	162	7	0.7443	0.7443	NUM
ajfa-6244	162	8	0.7298	0.7298	NUM
ajfa-6244	162	9	0.7932	0.7932	NUM
ajfa-6244	162	10	0.8790	0.8790	NUM
ajfa-6244	162	11	0.9436	0.9436	NUM
ajfa-6244	162	12	0.8180	0.8180	NUM
ajfa-6244	162	13	0.9266	0.9266	NUM
ajfa-6244	162	14	0.93883	0.93883	NUM
ajfa-6244	162	15	0.9430	0.9430	NUM
ajfa-6244	162	16	0.9364	0.9364	NUM
ajfa-6244	162	17	0.9211	0.9211	NUM
ajfa-6244	162	18	0.9331	0.9331	NUM
ajfa-6244	162	19	0.8931	0.8931	NUM
ajfa-6244	162	20	0.9020	0.9020	NUM
ajfa-6244	162	21	0.8959	0.8959	NUM
ajfa-6244	162	22	0.8783	0.8783	NUM
ajfa-6244	162	23	0.8538	0.8538	NUM
ajfa-6244	162	24	0.8846	0.8846	NUM
ajfa-6244	162	25	0.9229	0.9229	NUM
ajfa-6244	163	1	0.9372	0.9372	NUM
ajfa-6244	163	2	0.9307	0.9307	NUM
ajfa-6244	163	3	0.9041	0.9041	NUM
ajfa-6244	163	4	0.8848	0.8848	NUM
ajfa-6244	163	5	0.9159	0.9159	NUM
ajfa-6244	163	6	0.9682	0.9682	NUM
ajfa-6244	163	7	0.9637	0.9637	NUM
ajfa-6244	163	8	0.9637	0.9637	NUM
ajfa-6244	163	9	0.9724	0.9724	NUM
ajfa-6244	163	10	0.9678	0.9678	NUM
ajfa-6244	163	11	0.9671	0.9671	NUM
ajfa-6244	163	12	south	south	PROPN
ajfa-6244	163	13	korea	korea	PROPN
ajfa-6244	163	14	2008	2008	NUM
ajfa-6244	164	1	0.7990	0.7990	NUM
ajfa-6244	164	2	0.8388	0.8388	NUM
ajfa-6244	164	3	0.9572	0.9572	NUM
ajfa-6244	164	4	0.8039	0.8039	NUM
ajfa-6244	164	5	0.8786	0.8786	NUM
ajfa-6244	164	6	0.9174	0.9174	NUM
ajfa-6244	164	7	2007	2007	NUM
ajfa-6244	164	8	2006	2006	NUM
ajfa-6244	164	9	2005	2005	NUM
ajfa-6244	164	10	2004	2004	NUM
ajfa-6244	164	11	04~08	04~08	NUM
ajfa-6244	165	1	0.7591	0.7591	NUM
ajfa-6244	165	2	0.7627	0.7627	NUM
ajfa-6244	166	1	0.8200	0.8200	NUM
ajfa-6244	166	2	0.8629	0.8629	NUM
ajfa-6244	166	3	0.8007	0.8007	NUM
ajfa-6244	166	4	0.7961	0.7961	NUM
ajfa-6244	166	5	0.8055	0.8055	NUM
ajfa-6244	166	6	0.8721	0.8721	NUM
ajfa-6244	166	7	0.9194	0.9194	NUM
ajfa-6244	167	1	0.8464	0.8464	NUM
ajfa-6244	167	2	0.9590	0.9590	NUM
ajfa-6244	167	3	0.9274	0.9274	NUM
ajfa-6244	167	4	0.9199	0.9199	NUM
ajfa-6244	167	5	0.9267	0.9267	NUM
ajfa-6244	167	6	0.9381	0.9381	NUM
ajfa-6244	168	1	0.7353	0.7353	NUM
ajfa-6244	168	2	0.6830	0.6830	NUM
ajfa-6244	168	3	0.6206	0.6206	NUM
ajfa-6244	168	4	0.6753	0.6753	NUM
ajfa-6244	168	5	0.7036	0.7036	NUM
ajfa-6244	168	6	0.8154	0.8154	NUM
ajfa-6244	168	7	0.7498	0.7498	NUM
ajfa-6244	168	8	0.7051	0.7051	NUM
ajfa-6244	168	9	0.7585	0.7585	NUM
ajfa-6244	168	10	0.7815	0.7815	NUM
ajfa-6244	168	11	0.9112	0.9112	NUM
ajfa-6244	168	12	0.9220	0.9220	NUM
ajfa-6244	168	13	0.8965	0.8965	NUM
ajfa-6244	168	14	0.9025	0.9025	NUM
ajfa-6244	168	15	0.9099	0.9099	NUM
ajfa-6244	168	16	hong	hong	PROPN
ajfa-6244	168	17	kong	kong	PROPN
ajfa-6244	168	18	2008	2008	NUM
ajfa-6244	168	19	2007	2007	NUM
ajfa-6244	168	20	2006	2006	NUM
ajfa-6244	168	21	2005	2005	NUM
ajfa-6244	168	22	2004	2004	NUM
ajfa-6244	168	23	04~08	04~08	NUM
ajfa-6244	169	1	0.5167	0.5167	NUM
ajfa-6244	169	2	0.4824	0.4824	NUM
ajfa-6244	169	3	0.4147	0.4147	NUM
ajfa-6244	169	4	0.4541	0.4541	NUM
ajfa-6244	169	5	0.7172	0.7172	NUM
ajfa-6244	170	1	0.5170	0.5170	NUM
ajfa-6244	170	2	0.5623	0.5623	NUM
ajfa-6244	170	3	0.5353	0.5353	NUM
ajfa-6244	170	4	0.4737	0.4737	NUM
ajfa-6244	170	5	0.5074	0.5074	NUM
ajfa-6244	170	6	0.7904	0.7904	NUM
ajfa-6244	170	7	0.5738	0.5738	NUM
ajfa-6244	170	8	0.9454	0.9454	NUM
ajfa-6244	170	9	0.9227	0.9227	NUM
ajfa-6244	170	10	0.9001	0.9001	NUM
ajfa-6244	170	11	0.9206	0.9206	NUM
ajfa-6244	170	12	0.9186	0.9186	NUM
ajfa-6244	170	13	0.9215	0.9215	NUM
ajfa-6244	170	14	0.7639	0.7639	NUM
ajfa-6244	170	15	0.8941	0.8941	NUM
ajfa-6244	171	1	0.8659	0.8659	NUM
ajfa-6244	171	2	0.7371	0.7371	NUM
ajfa-6244	171	3	0.6598	0.6598	NUM
ajfa-6244	171	4	0.7841	0.7841	NUM
ajfa-6244	171	5	0.8816	0.8816	NUM
ajfa-6244	171	6	0.9706	0.9706	NUM
ajfa-6244	171	7	0.9557	0.9557	NUM
ajfa-6244	171	8	0.8822	0.8822	NUM
ajfa-6244	171	9	0.8743	0.8743	NUM
ajfa-6244	171	10	0.9218	0.9218	NUM
ajfa-6244	171	11	0.9084	0.9084	NUM
ajfa-6244	171	12	0.8475	0.8475	NUM
ajfa-6244	171	13	0.8042	0.8042	NUM
ajfa-6244	171	14	0.8359	0.8359	NUM
ajfa-6244	171	15	0.8989	0.8989	NUM
ajfa-6244	171	16	0.8776	0.8776	NUM
ajfa-6244	171	17	thailand	thailand	PROPN
ajfa-6244	171	18	2008	2008	NUM
ajfa-6244	171	19	2007	2007	NUM
ajfa-6244	171	20	2006	2006	NUM
ajfa-6244	171	21	2005	2005	NUM
ajfa-6244	171	22	2004	2004	NUM
ajfa-6244	171	23	04~08	04~08	NUM
ajfa-6244	171	24	0.613	0.613	NUM
ajfa-6244	171	25	0.508	0.508	NUM
ajfa-6244	171	26	0.542	0.542	NUM
ajfa-6244	171	27	0.812	0.812	NUM
ajfa-6244	171	28	0.819	0.819	NUM
ajfa-6244	171	29	0.659	0.659	NUM
ajfa-6244	171	30	0.7023	0.7023	NUM
ajfa-6244	171	31	0.5705	0.5705	NUM
ajfa-6244	171	32	0.6232	0.6232	NUM
ajfa-6244	171	33	0.8539	0.8539	NUM
ajfa-6244	171	34	0.8924	0.8924	NUM
ajfa-6244	171	35	0.7285	0.7285	NUM
ajfa-6244	171	36	0.8882	0.8882	NUM
ajfa-6244	171	37	0.9007	0.9007	NUM
ajfa-6244	171	38	0.8890	0.8890	NUM
ajfa-6244	171	39	0.9429	0.9429	NUM
ajfa-6244	171	40	0.9115	0.9115	NUM
ajfa-6244	171	41	0.9065	0.9065	NUM
ajfa-6244	171	42	0.6437	0.6437	NUM
ajfa-6244	171	43	0.6902	0.6902	NUM
ajfa-6244	171	44	0.7321	0.7321	NUM
ajfa-6244	171	45	0.5867	0.5867	NUM
ajfa-6244	171	46	0.5620	0.5620	NUM
ajfa-6244	171	47	0.6429	0.6429	NUM
ajfa-6244	171	48	0.8232	0.8232	NUM
ajfa-6244	171	49	0.7946	0.7946	NUM
ajfa-6244	171	50	0.8796	0.8796	NUM
ajfa-6244	171	51	0.7909	0.7909	NUM
ajfa-6244	171	52	0.9143	0.9143	NUM
ajfa-6244	171	53	0.8042	0.8042	NUM
ajfa-6244	171	54	0.7302	0.7302	NUM
ajfa-6244	172	1	0.8153	0.8153	NUM
ajfa-6244	172	2	0.7173	0.7173	NUM
ajfa-6244	172	3	0.8064	0.8064	NUM
ajfa-6244	172	4	0.8129	0.8129	NUM
ajfa-6244	172	5	0.8023	0.8023	NUM
ajfa-6244	172	6	malaysia	malaysia	NOUN
ajfa-6244	172	7	2008	2008	NUM
ajfa-6244	172	8	0.7495	0.7495	NUM
ajfa-6244	172	9	0.8018	0.8018	NUM
ajfa-6244	173	1	0.9380	0.9380	NUM
ajfa-6244	173	2	0.8236	0.8236	NUM
ajfa-6244	173	3	0.9067	0.9067	NUM
ajfa-6244	173	4	0.9072	0.9072	NUM
ajfa-6244	173	5	2007	2007	NUM
ajfa-6244	173	6	0.7359	0.7359	NUM
ajfa-6244	173	7	0.7945	0.7945	NUM
ajfa-6244	173	8	0.9246	0.9246	NUM
ajfa-6244	173	9	0.8166	0.8166	NUM
ajfa-6244	173	10	0.9179	0.9179	NUM
ajfa-6244	173	11	0.8913	0.8913	NUM
ajfa-6244	173	12	2006	2006	NUM
ajfa-6244	173	13	0.7556	0.7556	NUM
ajfa-6244	173	14	0.8245	0.8245	NUM
ajfa-6244	173	15	0.9177	0.9177	NUM
ajfa-6244	173	16	0.7767	0.7767	NUM
ajfa-6244	173	17	0.8839	0.8839	NUM
ajfa-6244	173	18	0.8849	0.8849	NUM
ajfa-6244	173	19	2005	2005	NUM
ajfa-6244	173	20	0.7297	0.7297	NUM
ajfa-6244	173	21	0.7851	0.7851	NUM
ajfa-6244	173	22	0.9218	0.9218	NUM
ajfa-6244	173	23	0.7450	0.7450	NUM
ajfa-6244	173	24	0.8890	0.8890	NUM
ajfa-6244	173	25	0.8439	0.8439	NUM
ajfa-6244	173	26	2004	2004	NUM
ajfa-6244	173	27	0.7871	0.7871	NUM
ajfa-6244	173	28	0.8392	0.8392	NUM
ajfa-6244	173	29	0.9251	0.9251	NUM
ajfa-6244	173	30	0.7340	0.7340	NUM
ajfa-6244	173	31	0.8908	0.8908	NUM
ajfa-6244	173	32	0.8270	0.8270	NUM
ajfa-6244	173	33	04~08	04~08	NUM
ajfa-6244	173	34	0.7516	0.7516	NUM
ajfa-6244	173	35	0.8090	0.8090	NUM
ajfa-6244	173	36	0.9254	0.9254	NUM
ajfa-6244	173	37	0.7792	0.7792	NUM
ajfa-6244	173	38	0.8976	0.8976	NUM
ajfa-6244	173	39	0.8709	0.8709	NUM
ajfa-6244	173	40	asian	asian	ADJ
ajfa-6244	173	41	journal	journal	NOUN
ajfa-6244	173	42	of	of	ADP
ajfa-6244	173	43	finance	finance	PROPN
ajfa-6244	173	44	&	&	CCONJ
ajfa-6244	173	45	accounting	accounting	PROPN
ajfa-6244	173	46	issn	issn	PROPN
ajfa-6244	173	47	1946	1946	NUM
ajfa-6244	173	48	-	-	PUNCT
ajfa-6244	173	49	052x	052x	PROPN
ajfa-6244	173	50	2014	2014	NUM
ajfa-6244	173	51	,	,	PUNCT
ajfa-6244	173	52	vol	vol	NOUN
ajfa-6244	173	53	.	.	PROPN
ajfa-6244	173	54	6	6	NUM
ajfa-6244	173	55	,	,	PUNCT
ajfa-6244	173	56	no	no	INTJ
ajfa-6244	173	57	.	.	NOUN
ajfa-6244	173	58	2	2	NUM
ajfa-6244	173	59	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6244	173	60	479	479	NUM
ajfa-6244	173	61	philippines	philippine	NOUN
ajfa-6244	173	62	2008	2008	NUM
ajfa-6244	173	63	0.8710	0.8710	NUM
ajfa-6244	173	64	0.9330	0.9330	NUM
ajfa-6244	173	65	0.9301	0.9301	NUM
ajfa-6244	173	66	0.8585	0.8585	NUM
ajfa-6244	173	67	0.9488	0.9488	NUM
ajfa-6244	173	68	0.9035	0.9035	NUM
ajfa-6244	173	69	2007	2007	NUM
ajfa-6244	173	70	0.8447	0.8447	NUM
ajfa-6244	173	71	0.9171	0.9171	NUM
ajfa-6244	173	72	0.9165	0.9165	NUM
ajfa-6244	173	73	0.7963	0.7963	NUM
ajfa-6244	173	74	0.9269	0.9269	NUM
ajfa-6244	173	75	0.8601	0.8601	NUM
ajfa-6244	173	76	2006	2006	NUM
ajfa-6244	173	77	0.8265	0.8265	NUM
ajfa-6244	173	78	0.9014	0.9014	NUM
ajfa-6244	173	79	0.9131	0.9131	NUM
ajfa-6244	173	80	0.7961	0.7961	NUM
ajfa-6244	173	81	0.9007	0.9007	NUM
ajfa-6244	173	82	0.8890	0.8890	NUM
ajfa-6244	173	83	2005	2005	NUM
ajfa-6244	174	1	0.6904	0.6904	NUM
ajfa-6244	174	2	0.8264	0.8264	NUM
ajfa-6244	174	3	0.8350	0.8350	NUM
ajfa-6244	174	4	0.8637	0.8637	NUM
ajfa-6244	174	5	0.9645	0.9645	NUM
ajfa-6244	174	6	0.8947	0.8947	NUM
ajfa-6244	174	7	2004	2004	NUM
ajfa-6244	174	8	0.6739	0.6739	NUM
ajfa-6244	174	9	0.8115	0.8115	NUM
ajfa-6244	174	10	0.8357	0.8357	NUM
ajfa-6244	174	11	0.8666	0.8666	NUM
ajfa-6244	174	12	0.9230	0.9230	NUM
ajfa-6244	174	13	0.9371	0.9371	NUM
ajfa-6244	174	14	04~08	04~08	NUM
ajfa-6244	175	1	0.7813	0.7813	NUM
ajfa-6244	175	2	0.8778	0.8778	NUM
ajfa-6244	175	3	0.8861	0.8861	NUM
ajfa-6244	175	4	0.8362	0.8362	NUM
ajfa-6244	175	5	0.9328	0.9328	NUM
ajfa-6244	175	6	0.8969	0.8969	NUM
ajfa-6244	175	7	singapore	singapore	PROPN
ajfa-6244	175	8	2008	2008	NUM
ajfa-6244	175	9	0.9116	0.9116	NUM
ajfa-6244	175	10	0.9809	0.9809	NUM
ajfa-6244	175	11	0.9295	0.9295	NUM
ajfa-6244	175	12	0.8415	0.8415	NUM
ajfa-6244	175	13	0.9347	0.9347	NUM
ajfa-6244	175	14	0.8768	0.8768	NUM
ajfa-6244	175	15	2007	2007	NUM
ajfa-6244	175	16	0.7995	0.7995	NUM
ajfa-6244	176	1	0.8927	0.8927	NUM
ajfa-6244	176	2	0.9030	0.9030	NUM
ajfa-6244	176	3	0.8761	0.8761	NUM
ajfa-6244	176	4	0.9691	0.9691	NUM
ajfa-6244	176	5	0.8948	0.8948	NUM
ajfa-6244	176	6	2006	2006	NUM
ajfa-6244	176	7	0.8584	0.8584	NUM
ajfa-6244	176	8	0.8969	0.8969	NUM
ajfa-6244	176	9	0.9529	0.9529	NUM
ajfa-6244	176	10	0.9054	0.9054	NUM
ajfa-6244	176	11	1.0000	1.0000	NUM
ajfa-6244	176	12	0.9054	0.9054	NUM
ajfa-6244	176	13	2005	2005	NUM
ajfa-6244	176	14	0.8889	0.8889	NUM
ajfa-6244	176	15	0.9470	0.9470	NUM
ajfa-6244	176	16	0.9377	0.9377	NUM
ajfa-6244	176	17	0.8431	0.8431	NUM
ajfa-6244	176	18	0.9500	0.9500	NUM
ajfa-6244	176	19	0.8866	0.8866	NUM
ajfa-6244	176	20	2004	2004	NUM
ajfa-6244	176	21	0.9951	0.9951	NUM
ajfa-6244	176	22	1.0000	1.0000	NUM
ajfa-6244	176	23	0.9951	0.9951	NUM
ajfa-6244	176	24	0.7630	0.7630	NUM
ajfa-6244	176	25	0.8427	0.8427	NUM
ajfa-6244	176	26	0.9047	0.9047	NUM
ajfa-6244	176	27	04~08	04~08	NUM
ajfa-6244	176	28	0.8907	0.8907	NUM
ajfa-6244	176	29	0.9435	0.9435	NUM
ajfa-6244	176	30	0.9437	0.9437	NUM
ajfa-6244	176	31	0.8458	0.8458	NUM
ajfa-6244	176	32	0.9393	0.9393	NUM
ajfa-6244	176	33	0.8937	0.8937	NUM
ajfa-6244	176	34	note	note	NOUN
ajfa-6244	176	35	:	:	PUNCT
ajfa-6244	176	36	the	the	DET
ajfa-6244	176	37	te、pte	te、pte	PROPN
ajfa-6244	176	38	and	and	CCONJ
ajfa-6244	176	39	se	se	X
ajfa-6244	176	40	efficiency	efficiency	NOUN
ajfa-6244	176	41	value	value	NOUN
ajfa-6244	176	42	are	be	AUX
ajfa-6244	176	43	bounded	bound	VERB
ajfa-6244	176	44	between	between	ADP
ajfa-6244	176	45	0	0	NUM
ajfa-6244	176	46	and	and	CCONJ
ajfa-6244	176	47	1	1	NUM
ajfa-6244	176	48	.	.	PUNCT
ajfa-6244	177	1	using	use	VERB
ajfa-6244	177	2	the	the	DET
ajfa-6244	177	3	wilcoxon	wilcoxon	ADJ
ajfa-6244	177	4	signed	sign	VERB
ajfa-6244	177	5	-	-	PUNCT
ajfa-6244	177	6	rank	rank	NOUN
ajfa-6244	177	7	test	test	NOUN
ajfa-6244	177	8	,	,	PUNCT
ajfa-6244	177	9	table	table	NOUN
ajfa-6244	177	10	2	2	NUM
ajfa-6244	177	11	shows	show	VERB
ajfa-6244	177	12	that	that	SCONJ
ajfa-6244	177	13	the	the	DET
ajfa-6244	177	14	country	country	NOUN
ajfa-6244	177	15	wherein	wherein	SCONJ
ajfa-6244	177	16	te	te	PROPN
ajfa-6244	177	17	in	in	ADP
ajfa-6244	177	18	the	the	DET
ajfa-6244	177	19	production	production	NOUN
ajfa-6244	177	20	stage	stage	NOUN
ajfa-6244	177	21	is	be	AUX
ajfa-6244	177	22	significantly	significantly	ADV
ajfa-6244	177	23	higher	high	ADJ
ajfa-6244	177	24	than	than	ADP
ajfa-6244	177	25	that	that	PRON
ajfa-6244	177	26	in	in	ADP
ajfa-6244	177	27	the	the	DET
ajfa-6244	177	28	intermediation	intermediation	NOUN
ajfa-6244	177	29	stage	stage	NOUN
ajfa-6244	177	30	is	be	AUX
ajfa-6244	177	31	south	south	PROPN
ajfa-6244	177	32	korea	korea	PROPN
ajfa-6244	177	33	.	.	PUNCT
ajfa-6244	178	1	in	in	ADP
ajfa-6244	178	2	contrast	contrast	NOUN
ajfa-6244	178	3	,	,	PUNCT
ajfa-6244	178	4	the	the	DET
ajfa-6244	178	5	countries	country	NOUN
ajfa-6244	178	6	wherein	wherein	SCONJ
ajfa-6244	178	7	the	the	DET
ajfa-6244	178	8	te	te	PROPN
ajfa-6244	178	9	in	in	ADP
ajfa-6244	178	10	the	the	DET
ajfa-6244	178	11	intermediation	intermediation	NOUN
ajfa-6244	178	12	stage	stage	NOUN
ajfa-6244	178	13	is	be	AUX
ajfa-6244	178	14	significantly	significantly	ADV
ajfa-6244	178	15	higher	high	ADJ
ajfa-6244	178	16	than	than	ADP
ajfa-6244	178	17	that	that	PRON
ajfa-6244	178	18	in	in	ADP
ajfa-6244	178	19	the	the	DET
ajfa-6244	178	20	production	production	NOUN
ajfa-6244	178	21	stage	stage	NOUN
ajfa-6244	178	22	are	be	AUX
ajfa-6244	178	23	china	china	PROPN
ajfa-6244	178	24	,	,	PUNCT
ajfa-6244	178	25	hong	hong	PROPN
ajfa-6244	178	26	kong	kong	PROPN
ajfa-6244	178	27	,	,	PUNCT
ajfa-6244	178	28	and	and	CCONJ
ajfa-6244	178	29	taiwan	taiwan	PROPN
ajfa-6244	178	30	.	.	PUNCT
ajfa-6244	179	1	table	table	NOUN
ajfa-6244	179	2	2	2	NUM
ajfa-6244	179	3	.	.	PUNCT
ajfa-6244	180	1	the	the	DET
ajfa-6244	180	2	wilcoxon	wilcoxon	ADJ
ajfa-6244	180	3	signed	sign	VERB
ajfa-6244	180	4	-	-	PUNCT
ajfa-6244	180	5	rank	rank	NOUN
ajfa-6244	180	6	test	test	NOUN
ajfa-6244	180	7	of	of	ADP
ajfa-6244	180	8	difference	difference	NOUN
ajfa-6244	180	9	on	on	ADP
ajfa-6244	180	10	te	te	PROPN
ajfa-6244	180	11	between	between	ADP
ajfa-6244	180	12	the	the	DET
ajfa-6244	180	13	production	production	NOUN
ajfa-6244	180	14	and	and	CCONJ
ajfa-6244	180	15	intermediation	intermediation	NOUN
ajfa-6244	180	16	stage	stage	NOUN
ajfa-6244	180	17	country	country	NOUN
ajfa-6244	180	18	z	z	PROPN
ajfa-6244	180	19	statistic	statistic	PROPN
ajfa-6244	180	20	p	p	NOUN
ajfa-6244	180	21	value	value	NOUN
ajfa-6244	180	22	(	(	PUNCT
ajfa-6244	180	23	two	two	NUM
ajfa-6244	180	24	-	-	PUNCT
ajfa-6244	180	25	tailed	tailed	ADJ
ajfa-6244	180	26	)	)	PUNCT
ajfa-6244	180	27	negative	negative	ADJ
ajfa-6244	180	28	or	or	CCONJ
ajfa-6244	180	29	positive	positive	ADJ
ajfa-6244	180	30	for	for	ADP
ajfa-6244	180	31	the	the	DET
ajfa-6244	180	32	rating	rating	NOUN
ajfa-6244	180	33	basis	basis	NOUN
ajfa-6244	180	34	china	china	PROPN
ajfa-6244	180	35	-5.96	-5.96	NUM
ajfa-6244	181	1	0.00	0.00	NUM
ajfa-6244	181	2	*	*	NOUN
ajfa-6244	181	3	－	－	PRON
ajfa-6244	181	4	hong	hong	PROPN
ajfa-6244	181	5	kong	kong	PROPN
ajfa-6244	181	6	-6.90	-6.90	NUM
ajfa-6244	181	7	0.00	0.00	NUM
ajfa-6244	181	8	*	*	PUNCT
ajfa-6244	181	9	－	－	PROPN
ajfa-6244	181	10	singapore	singapore	PROPN
ajfa-6244	181	11	-0.62	-0.62	NUM
ajfa-6244	181	12	0.53	0.53	NUM
ajfa-6244	181	13	*	*	PUNCT
ajfa-6244	181	14	＋	＋	PROPN
ajfa-6244	181	15	south	south	PROPN
ajfa-6244	181	16	korea	korea	PROPN
ajfa-6244	181	17	-3.17	-3.17	NUM
ajfa-6244	182	1	0.00	0.00	NUM
ajfa-6244	182	2	*	*	PUNCT
ajfa-6244	182	3	＋	＋	X
ajfa-6244	182	4	malaysia	malaysia	PROPN
ajfa-6244	182	5	-1.50	-1.50	NUM
ajfa-6244	182	6	0.13	0.13	NUM
ajfa-6244	182	7	*	*	NOUN
ajfa-6244	182	8	＋	＋	PUNCT
ajfa-6244	182	9	philippines	philippine	NOUN
ajfa-6244	182	10	-1.32	-1.32	VERB
ajfa-6244	182	11	0.18	0.18	NUM
ajfa-6244	182	12	*	*	PUNCT
ajfa-6244	183	1	－	－	PROPN
ajfa-6244	183	2	thailand	thailand	PROPN
ajfa-6244	183	3	-0.45	-0.45	NUM
ajfa-6244	183	4	0.64	0.64	NUM
ajfa-6244	183	5	*	*	PUNCT
ajfa-6244	183	6	＋	＋	PROPN
ajfa-6244	183	7	taiwan	taiwan	PROPN
ajfa-6244	183	8	-6.42	-6.42	VERB
ajfa-6244	183	9	0.00	0.00	NUM
ajfa-6244	183	10	*	*	PUNCT
ajfa-6244	183	11	－	－	ADJ
ajfa-6244	183	12	note	note	NOUN
ajfa-6244	183	13	:	:	PUNCT
ajfa-6244	183	14	*	*	PUNCT
ajfa-6244	183	15	indicates	indicate	VERB
ajfa-6244	183	16	significant	significant	ADJ
ajfa-6244	183	17	at	at	ADP
ajfa-6244	183	18	5	5	NUM
ajfa-6244	183	19	%	%	NOUN
ajfa-6244	183	20	level	level	NOUN
ajfa-6244	183	21	.	.	PUNCT
ajfa-6244	184	1	low	low	ADJ
ajfa-6244	184	2	technical	technical	ADJ
ajfa-6244	184	3	efficiency	efficiency	NOUN
ajfa-6244	184	4	may	may	AUX
ajfa-6244	184	5	be	be	AUX
ajfa-6244	184	6	caused	cause	VERB
ajfa-6244	184	7	by	by	ADP
ajfa-6244	184	8	an	an	DET
ajfa-6244	184	9	unsuitable	unsuitable	ADJ
ajfa-6244	184	10	operational	operational	ADJ
ajfa-6244	184	11	scale	scale	NOUN
ajfa-6244	184	12	;	;	PUNCT
ajfa-6244	184	13	however	however	ADV
ajfa-6244	184	14	,	,	PUNCT
ajfa-6244	184	15	management	management	NOUN
ajfa-6244	184	16	can	can	AUX
ajfa-6244	184	17	not	not	PART
ajfa-6244	184	18	control	control	VERB
ajfa-6244	184	19	this	this	DET
ajfa-6244	184	20	problem	problem	NOUN
ajfa-6244	184	21	in	in	ADP
ajfa-6244	184	22	the	the	DET
ajfa-6244	184	23	short	short	ADJ
ajfa-6244	184	24	term	term	NOUN
ajfa-6244	184	25	.	.	PUNCT
ajfa-6244	185	1	this	this	DET
ajfa-6244	185	2	kind	kind	NOUN
ajfa-6244	185	3	of	of	ADP
ajfa-6244	185	4	inefficiency	inefficiency	NOUN
ajfa-6244	185	5	requires	require	VERB
ajfa-6244	185	6	scale	scale	NOUN
ajfa-6244	185	7	adjustment	adjustment	NOUN
ajfa-6244	185	8	in	in	ADP
ajfa-6244	185	9	the	the	DET
ajfa-6244	185	10	long	long	ADJ
ajfa-6244	185	11	run	run	NOUN
ajfa-6244	185	12	.	.	PUNCT
ajfa-6244	186	1	in	in	ADP
ajfa-6244	186	2	contrast	contrast	NOUN
ajfa-6244	186	3	,	,	PUNCT
ajfa-6244	186	4	pure	pure	ADJ
ajfa-6244	186	5	technical	technical	ADJ
ajfa-6244	186	6	inefficiency	inefficiency	NOUN
ajfa-6244	186	7	is	be	AUX
ajfa-6244	186	8	under	under	ADP
ajfa-6244	186	9	the	the	DET
ajfa-6244	186	10	control	control	NOUN
ajfa-6244	186	11	of	of	ADP
ajfa-6244	186	12	managers	manager	NOUN
ajfa-6244	186	13	and	and	CCONJ
ajfa-6244	186	14	needs	need	VERB
ajfa-6244	186	15	to	to	PART
ajfa-6244	186	16	be	be	AUX
ajfa-6244	186	17	improved	improve	VERB
ajfa-6244	186	18	immediately	immediately	ADV
ajfa-6244	186	19	.	.	PUNCT
ajfa-6244	187	1	thus	thus	ADV
ajfa-6244	187	2	,	,	PUNCT
ajfa-6244	187	3	pure	pure	ADJ
ajfa-6244	187	4	technical	technical	ADJ
ajfa-6244	187	5	inefficiency	inefficiency	NOUN
ajfa-6244	187	6	is	be	AUX
ajfa-6244	187	7	seperated	seperate	VERB
ajfa-6244	187	8	from	from	ADP
ajfa-6244	187	9	technical	technical	ADJ
ajfa-6244	187	10	efficiency	efficiency	NOUN
ajfa-6244	187	11	to	to	PART
ajfa-6244	187	12	disclose	disclose	VERB
ajfa-6244	187	13	how	how	SCONJ
ajfa-6244	187	14	much	much	ADJ
ajfa-6244	187	15	of	of	ADP
ajfa-6244	187	16	technical	technical	ADJ
ajfa-6244	187	17	inefficiency	inefficiency	NOUN
ajfa-6244	187	18	is	be	AUX
ajfa-6244	187	19	come	come	VERB
ajfa-6244	187	20	from	from	ADP
ajfa-6244	187	21	pure	pure	ADJ
ajfa-6244	187	22	technical	technical	ADJ
ajfa-6244	187	23	inefficiency	inefficiency	NOUN
ajfa-6244	187	24	.	.	PUNCT
ajfa-6244	188	1	this	this	DET
ajfa-6244	188	2	information	information	NOUN
ajfa-6244	188	3	can	can	AUX
ajfa-6244	188	4	provide	provide	VERB
ajfa-6244	188	5	managers	manager	NOUN
ajfa-6244	188	6	with	with	ADP
ajfa-6244	188	7	a	a	DET
ajfa-6244	188	8	reference	reference	NOUN
ajfa-6244	188	9	for	for	ADP
ajfa-6244	188	10	improving	improve	VERB
ajfa-6244	188	11	their	their	PRON
ajfa-6244	188	12	operational	operational	ADJ
ajfa-6244	188	13	decisions	decision	NOUN
ajfa-6244	188	14	and	and	CCONJ
ajfa-6244	188	15	resources	resource	NOUN
ajfa-6244	188	16	allocation	allocation	NOUN
ajfa-6244	188	17	.	.	PUNCT
ajfa-6244	189	1	asian	asian	ADJ
ajfa-6244	189	2	journal	journal	PROPN
ajfa-6244	189	3	of	of	ADP
ajfa-6244	189	4	finance	finance	PROPN
ajfa-6244	189	5	&	&	CCONJ
ajfa-6244	189	6	accounting	accounting	PROPN
ajfa-6244	189	7	issn	issn	PROPN
ajfa-6244	189	8	1946	1946	NUM
ajfa-6244	189	9	-	-	PUNCT
ajfa-6244	189	10	052x	052x	PROPN
ajfa-6244	189	11	2014	2014	NUM
ajfa-6244	189	12	,	,	PUNCT
ajfa-6244	189	13	vol	vol	NOUN
ajfa-6244	189	14	.	.	PROPN
ajfa-6244	190	1	6	6	NUM
ajfa-6244	190	2	,	,	PUNCT
ajfa-6244	190	3	no	no	INTJ
ajfa-6244	190	4	.	.	NOUN
ajfa-6244	190	5	2	2	NUM
ajfa-6244	190	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	190	7	480	480	NUM
ajfa-6244	190	8	by	by	ADP
ajfa-6244	190	9	comparing	compare	VERB
ajfa-6244	190	10	pte	pte	NOUN
ajfa-6244	190	11	and	and	CCONJ
ajfa-6244	190	12	se	se	X
ajfa-6244	190	13	,	,	PUNCT
ajfa-6244	190	14	on	on	ADP
ajfa-6244	190	15	average	average	ADJ
ajfa-6244	190	16	,	,	PUNCT
ajfa-6244	190	17	we	we	PRON
ajfa-6244	190	18	can	can	AUX
ajfa-6244	190	19	see	see	VERB
ajfa-6244	190	20	that	that	DET
ajfa-6244	190	21	technical	technical	ADJ
ajfa-6244	190	22	inefficiency	inefficiency	NOUN
ajfa-6244	190	23	in	in	ADP
ajfa-6244	190	24	the	the	DET
ajfa-6244	190	25	production	production	NOUN
ajfa-6244	190	26	stage	stage	NOUN
ajfa-6244	190	27	in	in	ADP
ajfa-6244	190	28	all	all	DET
ajfa-6244	190	29	the	the	DET
ajfa-6244	190	30	countries	country	NOUN
ajfa-6244	190	31	is	be	AUX
ajfa-6244	190	32	caused	cause	VERB
ajfa-6244	190	33	by	by	ADP
ajfa-6244	190	34	pure	pure	ADJ
ajfa-6244	190	35	technical	technical	ADJ
ajfa-6244	190	36	inefficiency	inefficiency	NOUN
ajfa-6244	190	37	.	.	PUNCT
ajfa-6244	191	1	in	in	ADP
ajfa-6244	191	2	the	the	DET
ajfa-6244	191	3	intermediation	intermediation	NOUN
ajfa-6244	191	4	stage	stage	NOUN
ajfa-6244	191	5	,	,	PUNCT
ajfa-6244	191	6	the	the	DET
ajfa-6244	191	7	technical	technical	ADJ
ajfa-6244	191	8	inefficiencies	inefficiency	NOUN
ajfa-6244	191	9	in	in	ADP
ajfa-6244	191	10	china	china	PROPN
ajfa-6244	191	11	,	,	PUNCT
ajfa-6244	191	12	taiwan	taiwan	PROPN
ajfa-6244	191	13	,	,	PUNCT
ajfa-6244	191	14	and	and	CCONJ
ajfa-6244	191	15	south	south	PROPN
ajfa-6244	191	16	korea	korea	PROPN
ajfa-6244	191	17	are	be	AUX
ajfa-6244	191	18	mainly	mainly	ADV
ajfa-6244	191	19	caused	cause	VERB
ajfa-6244	191	20	by	by	ADP
ajfa-6244	191	21	pure	pure	ADJ
ajfa-6244	191	22	technical	technical	ADJ
ajfa-6244	191	23	inefficiency	inefficiency	NOUN
ajfa-6244	191	24	,	,	PUNCT
ajfa-6244	191	25	whereas	whereas	SCONJ
ajfa-6244	191	26	in	in	ADP
ajfa-6244	191	27	hong	hong	PROPN
ajfa-6244	191	28	kong	kong	PROPN
ajfa-6244	191	29	,	,	PUNCT
ajfa-6244	191	30	malaysia	malaysia	PROPN
ajfa-6244	191	31	,	,	PUNCT
ajfa-6244	191	32	thailand	thailand	PROPN
ajfa-6244	191	33	,	,	PUNCT
ajfa-6244	191	34	singapore	singapore	PROPN
ajfa-6244	191	35	and	and	CCONJ
ajfa-6244	191	36	the	the	DET
ajfa-6244	191	37	philippines	philippine	NOUN
ajfa-6244	191	38	,	,	PUNCT
ajfa-6244	191	39	it	it	PRON
ajfa-6244	191	40	is	be	AUX
ajfa-6244	191	41	caused	cause	VERB
ajfa-6244	191	42	by	by	ADP
ajfa-6244	191	43	scale	scale	NOUN
ajfa-6244	191	44	inefficiency	inefficiency	NOUN
ajfa-6244	191	45	.	.	PUNCT
ajfa-6244	192	1	when	when	SCONJ
ajfa-6244	192	2	technical	technical	ADJ
ajfa-6244	192	3	inefficiency	inefficiency	NOUN
ajfa-6244	192	4	is	be	AUX
ajfa-6244	192	5	caused	cause	VERB
ajfa-6244	192	6	by	by	ADP
ajfa-6244	192	7	low	low	ADJ
ajfa-6244	192	8	pure	pure	ADJ
ajfa-6244	192	9	technical	technical	ADJ
ajfa-6244	192	10	inefficiency	inefficiency	NOUN
ajfa-6244	192	11	,	,	PUNCT
ajfa-6244	192	12	the	the	DET
ajfa-6244	192	13	banks	bank	NOUN
ajfa-6244	192	14	should	should	AUX
ajfa-6244	192	15	strive	strive	VERB
ajfa-6244	192	16	to	to	PART
ajfa-6244	192	17	improve	improve	VERB
ajfa-6244	192	18	management	management	NOUN
ajfa-6244	192	19	skills	skill	NOUN
ajfa-6244	192	20	and	and	CCONJ
ajfa-6244	192	21	resource	resource	NOUN
ajfa-6244	192	22	allocations	allocation	NOUN
ajfa-6244	192	23	to	to	PART
ajfa-6244	192	24	enhance	enhance	VERB
ajfa-6244	192	25	their	their	PRON
ajfa-6244	192	26	efficiency	efficiency	NOUN
ajfa-6244	192	27	.	.	PUNCT
ajfa-6244	193	1	if	if	SCONJ
ajfa-6244	193	2	scale	scale	NOUN
ajfa-6244	193	3	inefficiency	inefficiency	NOUN
ajfa-6244	193	4	is	be	AUX
ajfa-6244	193	5	the	the	DET
ajfa-6244	193	6	main	main	ADJ
ajfa-6244	193	7	reason	reason	NOUN
ajfa-6244	193	8	for	for	ADP
ajfa-6244	193	9	technical	technical	ADJ
ajfa-6244	193	10	inefficiency	inefficiency	NOUN
ajfa-6244	193	11	,	,	PUNCT
ajfa-6244	193	12	banks	bank	NOUN
ajfa-6244	193	13	should	should	AUX
ajfa-6244	193	14	examine	examine	VERB
ajfa-6244	193	15	whether	whether	SCONJ
ajfa-6244	193	16	they	they	PRON
ajfa-6244	193	17	are	be	AUX
ajfa-6244	193	18	currently	currently	ADV
ajfa-6244	193	19	operating	operate	VERB
ajfa-6244	193	20	on	on	ADP
ajfa-6244	193	21	an	an	DET
ajfa-6244	193	22	increasing	increase	VERB
ajfa-6244	193	23	or	or	CCONJ
ajfa-6244	193	24	decreasing	decrease	VERB
ajfa-6244	193	25	returns	return	NOUN
ajfa-6244	193	26	to	to	PART
ajfa-6244	193	27	scale	scale	VERB
ajfa-6244	193	28	.	.	PUNCT
ajfa-6244	194	1	if	if	SCONJ
ajfa-6244	194	2	they	they	PRON
ajfa-6244	194	3	are	be	AUX
ajfa-6244	194	4	in	in	ADP
ajfa-6244	194	5	the	the	DET
ajfa-6244	194	6	stage	stage	NOUN
ajfa-6244	194	7	of	of	ADP
ajfa-6244	194	8	increasing	increase	VERB
ajfa-6244	194	9	returns	return	NOUN
ajfa-6244	194	10	to	to	PART
ajfa-6244	194	11	scale	scale	VERB
ajfa-6244	194	12	,	,	PUNCT
ajfa-6244	194	13	these	these	DET
ajfa-6244	194	14	banks	bank	NOUN
ajfa-6244	194	15	should	should	AUX
ajfa-6244	194	16	increase	increase	VERB
ajfa-6244	194	17	inputs	input	NOUN
ajfa-6244	194	18	/	/	SYM
ajfa-6244	194	19	outputs	output	NOUN
ajfa-6244	194	20	to	to	PART
ajfa-6244	194	21	enlarge	enlarge	VERB
ajfa-6244	194	22	their	their	PRON
ajfa-6244	194	23	scale	scale	NOUN
ajfa-6244	194	24	.	.	PUNCT
ajfa-6244	195	1	in	in	ADP
ajfa-6244	195	2	contrast	contrast	NOUN
ajfa-6244	195	3	,	,	PUNCT
ajfa-6244	195	4	if	if	SCONJ
ajfa-6244	195	5	they	they	PRON
ajfa-6244	195	6	are	be	AUX
ajfa-6244	195	7	operate	operate	VERB
ajfa-6244	195	8	at	at	ADP
ajfa-6244	195	9	decreasing	decrease	VERB
ajfa-6244	195	10	returns	return	NOUN
ajfa-6244	195	11	to	to	PART
ajfa-6244	195	12	scale	scale	VERB
ajfa-6244	195	13	,	,	PUNCT
ajfa-6244	195	14	the	the	DET
ajfa-6244	195	15	banks	bank	NOUN
ajfa-6244	195	16	should	should	AUX
ajfa-6244	195	17	decrease	decrease	VERB
ajfa-6244	195	18	inputs	input	NOUN
ajfa-6244	195	19	/	/	SYM
ajfa-6244	195	20	outputs	output	NOUN
ajfa-6244	195	21	to	to	ADP
ajfa-6244	195	22	the	the	DET
ajfa-6244	195	23	point	point	NOUN
ajfa-6244	195	24	of	of	ADP
ajfa-6244	195	25	crs	crs	PROPN
ajfa-6244	195	26	as	as	ADP
ajfa-6244	195	27	their	their	PRON
ajfa-6244	195	28	optimal	optimal	ADJ
ajfa-6244	195	29	operating	operating	NOUN
ajfa-6244	195	30	scale	scale	NOUN
ajfa-6244	195	31	.	.	PUNCT
ajfa-6244	196	1	4.2	4.2	NUM
ajfa-6244	196	2	factors	factor	NOUN
ajfa-6244	196	3	affecting	affect	VERB
ajfa-6244	196	4	asian	asian	ADJ
ajfa-6244	196	5	banking	banking	NOUN
ajfa-6244	196	6	efficiency	efficiency	NOUN
ajfa-6244	196	7	the	the	DET
ajfa-6244	196	8	present	present	ADJ
ajfa-6244	196	9	study	study	NOUN
ajfa-6244	196	10	uses	use	VERB
ajfa-6244	196	11	te	te	PROPN
ajfa-6244	196	12	as	as	ADP
ajfa-6244	196	13	the	the	DET
ajfa-6244	196	14	dependent	dependent	ADJ
ajfa-6244	196	15	variable	variable	NOUN
ajfa-6244	196	16	in	in	ADP
ajfa-6244	196	17	the	the	DET
ajfa-6244	196	18	production	production	NOUN
ajfa-6244	196	19	and	and	CCONJ
ajfa-6244	196	20	intermediation	intermediation	NOUN
ajfa-6244	196	21	stages	stage	NOUN
ajfa-6244	196	22	and	and	CCONJ
ajfa-6244	196	23	economic	economic	ADJ
ajfa-6244	196	24	environments	environment	NOUN
ajfa-6244	196	25	and	and	CCONJ
ajfa-6244	196	26	the	the	DET
ajfa-6244	196	27	banks	bank	NOUN
ajfa-6244	196	28	’	’	PART
ajfa-6244	196	29	characters	character	NOUN
ajfa-6244	196	30	as	as	ADP
ajfa-6244	196	31	explanatory	explanatory	ADJ
ajfa-6244	196	32	variables	variable	NOUN
ajfa-6244	196	33	to	to	PART
ajfa-6244	196	34	examine	examine	VERB
ajfa-6244	196	35	the	the	DET
ajfa-6244	196	36	factors	factor	NOUN
ajfa-6244	196	37	affecting	affect	VERB
ajfa-6244	196	38	asian	asian	ADJ
ajfa-6244	196	39	banking	banking	NOUN
ajfa-6244	196	40	efficiency	efficiency	NOUN
ajfa-6244	196	41	through	through	ADP
ajfa-6244	196	42	tobit	tobit	NOUN
ajfa-6244	196	43	regression	regression	NOUN
ajfa-6244	196	44	analysis	analysis	NOUN
ajfa-6244	196	45	.	.	PUNCT
ajfa-6244	197	1	base	base	NOUN
ajfa-6244	197	2	on	on	ADP
ajfa-6244	197	3	table	table	NOUN
ajfa-6244	197	4	3	3	NUM
ajfa-6244	197	5	,	,	PUNCT
ajfa-6244	197	6	the	the	DET
ajfa-6244	197	7	factors	factor	NOUN
ajfa-6244	197	8	that	that	PRON
ajfa-6244	197	9	affect	affect	VERB
ajfa-6244	197	10	banking	banking	NOUN
ajfa-6244	197	11	efficiency	efficiency	NOUN
ajfa-6244	197	12	in	in	ADP
ajfa-6244	197	13	each	each	DET
ajfa-6244	197	14	stage	stage	NOUN
ajfa-6244	197	15	are	be	AUX
ajfa-6244	197	16	the	the	DET
ajfa-6244	197	17	following	following	NOUN
ajfa-6244	197	18	:	:	PUNCT
ajfa-6244	197	19	roa	roa	PROPN
ajfa-6244	197	20	shows	show	VERB
ajfa-6244	197	21	a	a	DET
ajfa-6244	197	22	positive	positive	ADJ
ajfa-6244	197	23	relationship	relationship	NOUN
ajfa-6244	197	24	with	with	ADP
ajfa-6244	197	25	efficiency	efficiency	NOUN
ajfa-6244	197	26	values	value	NOUN
ajfa-6244	197	27	in	in	ADP
ajfa-6244	197	28	hong	hong	PROPN
ajfa-6244	197	29	kong	kong	PROPN
ajfa-6244	197	30	,	,	PUNCT
ajfa-6244	197	31	malaysia	malaysia	PROPN
ajfa-6244	197	32	,	,	PUNCT
ajfa-6244	197	33	the	the	DET
ajfa-6244	197	34	philippines	philippine	NOUN
ajfa-6244	197	35	and	and	CCONJ
ajfa-6244	197	36	taiwan	taiwan	PROPN
ajfa-6244	197	37	in	in	ADP
ajfa-6244	197	38	the	the	DET
ajfa-6244	197	39	production	production	NOUN
ajfa-6244	197	40	stage	stage	NOUN
ajfa-6244	197	41	;	;	PUNCT
ajfa-6244	197	42	and	and	CCONJ
ajfa-6244	197	43	in	in	ADP
ajfa-6244	197	44	both	both	CCONJ
ajfa-6244	197	45	the	the	DET
ajfa-6244	197	46	production	production	NOUN
ajfa-6244	197	47	and	and	CCONJ
ajfa-6244	197	48	intermediation	intermediation	NOUN
ajfa-6244	197	49	stages	stage	NOUN
ajfa-6244	197	50	in	in	ADP
ajfa-6244	197	51	thailand	thailand	PROPN
ajfa-6244	197	52	.	.	PUNCT
ajfa-6244	198	1	this	this	DET
ajfa-6244	198	2	result	result	NOUN
ajfa-6244	198	3	indicates	indicate	VERB
ajfa-6244	198	4	that	that	SCONJ
ajfa-6244	198	5	the	the	PRON
ajfa-6244	198	6	higher	high	ADJ
ajfa-6244	198	7	the	the	DET
ajfa-6244	198	8	ability	ability	NOUN
ajfa-6244	198	9	banks	bank	NOUN
ajfa-6244	198	10	can	can	AUX
ajfa-6244	198	11	generate	generate	VERB
ajfa-6244	198	12	profit	profit	NOUN
ajfa-6244	198	13	from	from	ADP
ajfa-6244	198	14	assets	asset	NOUN
ajfa-6244	198	15	,	,	PUNCT
ajfa-6244	198	16	the	the	PRON
ajfa-6244	198	17	higher	high	ADJ
ajfa-6244	198	18	their	their	PRON
ajfa-6244	198	19	efficiency	efficiency	NOUN
ajfa-6244	198	20	.	.	PUNCT
ajfa-6244	199	1	in	in	ADP
ajfa-6244	199	2	the	the	DET
ajfa-6244	199	3	production	production	NOUN
ajfa-6244	199	4	stage	stage	NOUN
ajfa-6244	199	5	,	,	PUNCT
ajfa-6244	199	6	concerning	concern	VERB
ajfa-6244	199	7	the	the	DET
ajfa-6244	199	8	impact	impact	NOUN
ajfa-6244	199	9	of	of	ADP
ajfa-6244	199	10	bank	bank	NOUN
ajfa-6244	199	11	size	size	NOUN
ajfa-6244	199	12	,	,	PUNCT
ajfa-6244	199	13	lnta	lnta	NOUN
ajfa-6244	199	14	has	have	VERB
ajfa-6244	199	15	positive	positive	ADJ
ajfa-6244	199	16	effect	effect	NOUN
ajfa-6244	199	17	on	on	ADP
ajfa-6244	199	18	efficiency	efficiency	NOUN
ajfa-6244	199	19	values	value	NOUN
ajfa-6244	199	20	in	in	ADP
ajfa-6244	199	21	china	china	PROPN
ajfa-6244	199	22	,	,	PUNCT
ajfa-6244	199	23	south	south	PROPN
ajfa-6244	199	24	korea	korea	PROPN
ajfa-6244	199	25	,	,	PUNCT
ajfa-6244	199	26	the	the	DET
ajfa-6244	199	27	philippines	philippine	NOUN
ajfa-6244	199	28	and	and	CCONJ
ajfa-6244	199	29	taiwan	taiwan	PROPN
ajfa-6244	199	30	banks	bank	NOUN
ajfa-6244	199	31	.	.	PUNCT
ajfa-6244	200	1	the	the	DET
ajfa-6244	200	2	finding	finding	NOUN
ajfa-6244	200	3	is	be	AUX
ajfa-6244	200	4	consistent	consistent	ADJ
ajfa-6244	200	5	with	with	ADP
ajfa-6244	200	6	the	the	DET
ajfa-6244	200	7	study	study	NOUN
ajfa-6244	200	8	of	of	ADP
ajfa-6244	200	9	chen	chen	PROPN
ajfa-6244	200	10	and	and	CCONJ
ajfa-6244	200	11	yang	yang	PROPN
ajfa-6244	200	12	(	(	PUNCT
ajfa-6244	200	13	2011	2011	NUM
ajfa-6244	200	14	)	)	PUNCT
ajfa-6244	200	15	on	on	ADP
ajfa-6244	200	16	chinese	chinese	PROPN
ajfa-6244	200	17	and	and	CCONJ
ajfa-6244	200	18	taiwan	taiwan	PROPN
ajfa-6244	200	19	banks	bank	NOUN
ajfa-6244	200	20	.	.	PUNCT
ajfa-6244	201	1	the	the	DET
ajfa-6244	201	2	authors	author	NOUN
ajfa-6244	201	3	demonstrate	demonstrate	VERB
ajfa-6244	201	4	that	that	SCONJ
ajfa-6244	201	5	scale	scale	NOUN
ajfa-6244	201	6	efficiency	efficiency	NOUN
ajfa-6244	201	7	change	change	NOUN
ajfa-6244	201	8	is	be	AUX
ajfa-6244	201	9	the	the	DET
ajfa-6244	201	10	key	key	ADJ
ajfa-6244	201	11	factor	factor	NOUN
ajfa-6244	201	12	to	to	ADP
ajfa-6244	201	13	inducing	induce	VERB
ajfa-6244	201	14	the	the	DET
ajfa-6244	201	15	productivity	productivity	NOUN
ajfa-6244	201	16	growth	growth	NOUN
ajfa-6244	201	17	for	for	ADP
ajfa-6244	201	18	the	the	DET
ajfa-6244	201	19	banks	bank	NOUN
ajfa-6244	201	20	of	of	ADP
ajfa-6244	201	21	china	china	PROPN
ajfa-6244	201	22	and	and	CCONJ
ajfa-6244	201	23	taiwan	taiwan	PROPN
ajfa-6244	201	24	.	.	PUNCT
ajfa-6244	202	1	in	in	ADP
ajfa-6244	202	2	the	the	DET
ajfa-6244	202	3	intermediation	intermediation	NOUN
ajfa-6244	202	4	stage	stage	NOUN
ajfa-6244	202	5	,	,	PUNCT
ajfa-6244	202	6	lnta	lnta	PROPN
ajfa-6244	202	7	has	have	VERB
ajfa-6244	202	8	positive	positive	ADJ
ajfa-6244	202	9	effect	effect	NOUN
ajfa-6244	202	10	on	on	ADP
ajfa-6244	202	11	efficiency	efficiency	NOUN
ajfa-6244	202	12	values	value	NOUN
ajfa-6244	202	13	in	in	ADP
ajfa-6244	202	14	south	south	PROPN
ajfa-6244	202	15	korea	korea	PROPN
ajfa-6244	202	16	banks	bank	NOUN
ajfa-6244	202	17	;	;	PUNCT
ajfa-6244	202	18	however	however	ADV
ajfa-6244	202	19	,	,	PUNCT
ajfa-6244	202	20	it	it	PRON
ajfa-6244	202	21	is	be	AUX
ajfa-6244	202	22	negatively	negatively	ADV
ajfa-6244	202	23	related	relate	VERB
ajfa-6244	202	24	to	to	ADP
ajfa-6244	202	25	the	the	DET
ajfa-6244	202	26	efficiency	efficiency	NOUN
ajfa-6244	202	27	values	value	NOUN
ajfa-6244	202	28	in	in	ADP
ajfa-6244	202	29	the	the	DET
ajfa-6244	202	30	philippines	philippine	NOUN
ajfa-6244	202	31	and	and	CCONJ
ajfa-6244	202	32	thailand	thailand	PROPN
ajfa-6244	202	33	banks	bank	NOUN
ajfa-6244	202	34	.	.	PUNCT
ajfa-6244	203	1	for	for	ADP
ajfa-6244	203	2	the	the	DET
ajfa-6244	203	3	banks	bank	NOUN
ajfa-6244	203	4	in	in	ADP
ajfa-6244	203	5	the	the	DET
ajfa-6244	203	6	philippines	philippine	NOUN
ajfa-6244	203	7	,	,	PUNCT
ajfa-6244	203	8	lnta	lnta	PROPN
ajfa-6244	203	9	has	have	VERB
ajfa-6244	203	10	positive	positive	ADJ
ajfa-6244	203	11	effect	effect	NOUN
ajfa-6244	203	12	on	on	ADP
ajfa-6244	203	13	efficiency	efficiency	NOUN
ajfa-6244	203	14	values	value	NOUN
ajfa-6244	203	15	in	in	ADP
ajfa-6244	203	16	the	the	DET
ajfa-6244	203	17	production	production	NOUN
ajfa-6244	203	18	stage	stage	NOUN
ajfa-6244	203	19	,	,	PUNCT
ajfa-6244	203	20	but	but	CCONJ
ajfa-6244	203	21	is	be	AUX
ajfa-6244	203	22	negatively	negatively	ADV
ajfa-6244	203	23	effect	effect	VERB
ajfa-6244	203	24	bank	bank	NOUN
ajfa-6244	203	25	efficiency	efficiency	NOUN
ajfa-6244	203	26	in	in	ADP
ajfa-6244	203	27	the	the	DET
ajfa-6244	203	28	intermediation	intermediation	NOUN
ajfa-6244	203	29	stage	stage	NOUN
ajfa-6244	203	30	.	.	PUNCT
ajfa-6244	204	1	this	this	DET
ajfa-6244	204	2	result	result	NOUN
ajfa-6244	204	3	shows	show	VERB
ajfa-6244	204	4	that	that	SCONJ
ajfa-6244	204	5	the	the	DET
ajfa-6244	204	6	banks	bank	NOUN
ajfa-6244	204	7	in	in	ADP
ajfa-6244	204	8	the	the	DET
ajfa-6244	204	9	philippines	philippine	NOUN
ajfa-6244	204	10	need	need	VERB
ajfa-6244	204	11	to	to	PART
ajfa-6244	204	12	rearrange	rearrange	VERB
ajfa-6244	204	13	their	their	PRON
ajfa-6244	204	14	assets	asset	NOUN
ajfa-6244	204	15	allocation	allocation	NOUN
ajfa-6244	204	16	between	between	ADP
ajfa-6244	204	17	two	two	NUM
ajfa-6244	204	18	stages	stage	NOUN
ajfa-6244	204	19	.	.	PUNCT
ajfa-6244	205	1	in	in	ADP
ajfa-6244	205	2	the	the	DET
ajfa-6244	205	3	intermediation	intermediation	NOUN
ajfa-6244	205	4	stage	stage	NOUN
ajfa-6244	205	5	,	,	PUNCT
ajfa-6244	205	6	the	the	DET
ajfa-6244	205	7	llp	llp	PROPN
ajfa-6244	205	8	/	/	SYM
ajfa-6244	205	9	tl	tl	PROPN
ajfa-6244	205	10	ratio	ratio	NOUN
ajfa-6244	205	11	is	be	AUX
ajfa-6244	205	12	positively	positively	ADV
ajfa-6244	205	13	related	relate	VERB
ajfa-6244	205	14	to	to	ADP
ajfa-6244	205	15	the	the	DET
ajfa-6244	205	16	efficiency	efficiency	NOUN
ajfa-6244	205	17	values	value	NOUN
ajfa-6244	205	18	in	in	ADP
ajfa-6244	205	19	hong	hong	PROPN
ajfa-6244	205	20	kong	kong	PROPN
ajfa-6244	205	21	and	and	CCONJ
ajfa-6244	205	22	thailand	thailand	PROPN
ajfa-6244	205	23	banks	bank	NOUN
ajfa-6244	205	24	.	.	PUNCT
ajfa-6244	206	1	this	this	DET
ajfa-6244	206	2	result	result	NOUN
ajfa-6244	206	3	confirms	confirm	VERB
ajfa-6244	206	4	that	that	SCONJ
ajfa-6244	206	5	berger	berger	PROPN
ajfa-6244	206	6	and	and	CCONJ
ajfa-6244	206	7	deyoung	deyoung	PROPN
ajfa-6244	206	8	’s	’s	PART
ajfa-6244	206	9	skimping	skimp	VERB
ajfa-6244	206	10	hypothesis	hypothesis	NOUN
ajfa-6244	206	11	exist	exist	VERB
ajfa-6244	206	12	in	in	ADP
ajfa-6244	206	13	hong	hong	PROPN
ajfa-6244	206	14	kong	kong	PROPN
ajfa-6244	206	15	and	and	CCONJ
ajfa-6244	206	16	thailand	thailand	PROPN
ajfa-6244	206	17	banks	bank	NOUN
ajfa-6244	206	18	.	.	PUNCT
ajfa-6244	207	1	in	in	ADP
ajfa-6244	207	2	the	the	DET
ajfa-6244	207	3	production	production	NOUN
ajfa-6244	207	4	stage	stage	NOUN
ajfa-6244	207	5	,	,	PUNCT
ajfa-6244	207	6	nie	nie	PROPN
ajfa-6244	207	7	/	/	SYM
ajfa-6244	207	8	ta	ta	PROPN
ajfa-6244	207	9	is	be	AUX
ajfa-6244	207	10	positively	positively	ADV
ajfa-6244	207	11	related	relate	VERB
ajfa-6244	207	12	to	to	ADP
ajfa-6244	207	13	bank	bank	NOUN
ajfa-6244	207	14	efficiency	efficiency	NOUN
ajfa-6244	207	15	values	value	NOUN
ajfa-6244	207	16	in	in	ADP
ajfa-6244	207	17	the	the	DET
ajfa-6244	207	18	philippines	philippine	NOUN
ajfa-6244	207	19	,	,	PUNCT
ajfa-6244	207	20	but	but	CCONJ
ajfa-6244	207	21	is	be	AUX
ajfa-6244	207	22	negatively	negatively	ADV
ajfa-6244	207	23	related	relate	VERB
ajfa-6244	207	24	in	in	ADP
ajfa-6244	207	25	china	china	PROPN
ajfa-6244	207	26	and	and	CCONJ
ajfa-6244	207	27	malaysia	malaysia	PROPN
ajfa-6244	207	28	.	.	PUNCT
ajfa-6244	208	1	in	in	ADP
ajfa-6244	208	2	the	the	DET
ajfa-6244	208	3	intermediation	intermediation	NOUN
ajfa-6244	208	4	stage	stage	NOUN
ajfa-6244	208	5	,	,	PUNCT
ajfa-6244	208	6	the	the	DET
ajfa-6244	208	7	variable	variable	NOUN
ajfa-6244	208	8	is	be	AUX
ajfa-6244	208	9	positively	positively	ADV
ajfa-6244	208	10	related	relate	VERB
ajfa-6244	208	11	to	to	ADP
ajfa-6244	208	12	the	the	DET
ajfa-6244	208	13	bank	bank	NOUN
ajfa-6244	208	14	efficiency	efficiency	NOUN
ajfa-6244	208	15	values	value	NOUN
ajfa-6244	208	16	in	in	ADP
ajfa-6244	208	17	singapore	singapore	PROPN
ajfa-6244	208	18	,	,	PUNCT
ajfa-6244	208	19	but	but	CCONJ
ajfa-6244	208	20	is	be	AUX
ajfa-6244	208	21	negatively	negatively	ADV
ajfa-6244	208	22	related	relate	VERB
ajfa-6244	208	23	to	to	ADP
ajfa-6244	208	24	bank	bank	NOUN
ajfa-6244	208	25	efficiency	efficiency	NOUN
ajfa-6244	208	26	values	value	NOUN
ajfa-6244	208	27	in	in	ADP
ajfa-6244	208	28	the	the	DET
ajfa-6244	208	29	philippines	philippine	NOUN
ajfa-6244	208	30	and	and	CCONJ
ajfa-6244	208	31	thailand	thailand	PROPN
ajfa-6244	208	32	.	.	PUNCT
ajfa-6244	209	1	the	the	DET
ajfa-6244	209	2	findings	finding	NOUN
ajfa-6244	209	3	that	that	PRON
ajfa-6244	209	4	nie	nie	PROPN
ajfa-6244	209	5	/	/	SYM
ajfa-6244	209	6	ta	ta	PROPN
ajfa-6244	209	7	is	be	AUX
ajfa-6244	209	8	negatively	negatively	ADV
ajfa-6244	209	9	related	relate	VERB
ajfa-6244	209	10	to	to	ADP
ajfa-6244	209	11	efficiency	efficiency	NOUN
ajfa-6244	209	12	value	value	NOUN
ajfa-6244	209	13	suggest	suggest	VERB
ajfa-6244	209	14	that	that	SCONJ
ajfa-6244	209	15	those	those	DET
ajfa-6244	209	16	banks	bank	NOUN
ajfa-6244	209	17	need	need	VERB
ajfa-6244	209	18	to	to	PART
ajfa-6244	209	19	increase	increase	VERB
ajfa-6244	209	20	non	non	ADJ
ajfa-6244	209	21	-	-	ADJ
ajfa-6244	209	22	interest	interest	ADJ
ajfa-6244	209	23	operating	operating	NOUN
ajfa-6244	209	24	costs	cost	NOUN
ajfa-6244	209	25	(	(	PUNCT
ajfa-6244	209	26	i.e.	i.e.	X
ajfa-6244	209	27	,	,	PUNCT
ajfa-6244	209	28	management	management	NOUN
ajfa-6244	209	29	expenses	expense	NOUN
ajfa-6244	209	30	)	)	PUNCT
ajfa-6244	209	31	to	to	PART
ajfa-6244	209	32	enhance	enhance	VERB
ajfa-6244	209	33	their	their	PRON
ajfa-6244	209	34	technical	technical	ADJ
ajfa-6244	209	35	efficiency	efficiency	NOUN
ajfa-6244	209	36	.	.	PUNCT
ajfa-6244	210	1	asian	asian	ADJ
ajfa-6244	210	2	journal	journal	PROPN
ajfa-6244	210	3	of	of	ADP
ajfa-6244	210	4	finance	finance	PROPN
ajfa-6244	210	5	&	&	CCONJ
ajfa-6244	210	6	accounting	accounting	PROPN
ajfa-6244	210	7	issn	issn	PROPN
ajfa-6244	210	8	1946	1946	NUM
ajfa-6244	210	9	-	-	PUNCT
ajfa-6244	210	10	052x	052x	PROPN
ajfa-6244	210	11	2014	2014	NUM
ajfa-6244	210	12	,	,	PUNCT
ajfa-6244	210	13	vol	vol	NOUN
ajfa-6244	210	14	.	.	PROPN
ajfa-6244	211	1	6	6	NUM
ajfa-6244	211	2	,	,	PUNCT
ajfa-6244	211	3	no	no	INTJ
ajfa-6244	211	4	.	.	NOUN
ajfa-6244	211	5	2	2	NUM
ajfa-6244	211	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	211	7	481	481	NUM
ajfa-6244	211	8	e	e	X
ajfa-6244	211	9	/	/	SYM
ajfa-6244	211	10	ta	ta	AUX
ajfa-6244	211	11	being	be	AUX
ajfa-6244	211	12	negatively	negatively	ADV
ajfa-6244	211	13	related	relate	VERB
ajfa-6244	211	14	to	to	ADP
ajfa-6244	211	15	efficiency	efficiency	NOUN
ajfa-6244	211	16	means	mean	VERB
ajfa-6244	211	17	that	that	SCONJ
ajfa-6244	211	18	the	the	PRON
ajfa-6244	211	19	more	more	ADV
ajfa-6244	211	20	the	the	DET
ajfa-6244	211	21	leverage	leverage	NOUN
ajfa-6244	211	22	a	a	DET
ajfa-6244	211	23	bank	bank	NOUN
ajfa-6244	211	24	has	have	VERB
ajfa-6244	211	25	,	,	PUNCT
ajfa-6244	211	26	the	the	PRON
ajfa-6244	211	27	lower	low	ADJ
ajfa-6244	211	28	the	the	DET
ajfa-6244	211	29	efficiency	efficiency	NOUN
ajfa-6244	211	30	and	and	CCONJ
ajfa-6244	211	31	vice	vice	NOUN
ajfa-6244	211	32	versa	versa	ADV
ajfa-6244	211	33	.	.	PUNCT
ajfa-6244	212	1	in	in	ADP
ajfa-6244	212	2	the	the	DET
ajfa-6244	212	3	production	production	NOUN
ajfa-6244	212	4	stage	stage	NOUN
ajfa-6244	212	5	,	,	PUNCT
ajfa-6244	212	6	e	e	X
ajfa-6244	212	7	/	/	SYM
ajfa-6244	212	8	ta	ta	X
ajfa-6244	212	9	is	be	AUX
ajfa-6244	212	10	positively	positively	ADV
ajfa-6244	212	11	related	relate	VERB
ajfa-6244	212	12	to	to	ADP
ajfa-6244	212	13	bank	bank	NOUN
ajfa-6244	212	14	efficiency	efficiency	NOUN
ajfa-6244	212	15	values	value	NOUN
ajfa-6244	212	16	in	in	ADP
ajfa-6244	212	17	china	china	PROPN
ajfa-6244	212	18	,	,	PUNCT
ajfa-6244	212	19	but	but	CCONJ
ajfa-6244	212	20	is	be	AUX
ajfa-6244	212	21	negatively	negatively	ADV
ajfa-6244	212	22	related	relate	VERB
ajfa-6244	212	23	in	in	ADP
ajfa-6244	212	24	malaysia	malaysia	PROPN
ajfa-6244	212	25	,	,	PUNCT
ajfa-6244	212	26	singapore	singapore	PROPN
ajfa-6244	212	27	,	,	PUNCT
ajfa-6244	212	28	thailand	thailand	PROPN
ajfa-6244	212	29	,	,	PUNCT
ajfa-6244	212	30	and	and	CCONJ
ajfa-6244	212	31	taiwan	taiwan	PROPN
ajfa-6244	212	32	.	.	PUNCT
ajfa-6244	213	1	in	in	ADP
ajfa-6244	213	2	the	the	DET
ajfa-6244	213	3	intermediation	intermediation	NOUN
ajfa-6244	213	4	stage	stage	NOUN
ajfa-6244	213	5	,	,	PUNCT
ajfa-6244	213	6	e	e	X
ajfa-6244	213	7	/	/	SYM
ajfa-6244	213	8	ta	ta	X
ajfa-6244	213	9	is	be	AUX
ajfa-6244	213	10	positively	positively	ADV
ajfa-6244	213	11	related	relate	VERB
ajfa-6244	213	12	to	to	ADP
ajfa-6244	213	13	bank	bank	NOUN
ajfa-6244	213	14	efficiency	efficiency	NOUN
ajfa-6244	213	15	values	value	NOUN
ajfa-6244	213	16	in	in	ADP
ajfa-6244	213	17	hong	hong	PROPN
ajfa-6244	213	18	kong	kong	PROPN
ajfa-6244	213	19	and	and	CCONJ
ajfa-6244	213	20	the	the	DET
ajfa-6244	213	21	philippines	philippine	NOUN
ajfa-6244	213	22	,	,	PUNCT
ajfa-6244	213	23	but	but	CCONJ
ajfa-6244	213	24	is	be	AUX
ajfa-6244	213	25	negatively	negatively	ADV
ajfa-6244	213	26	related	relate	VERB
ajfa-6244	213	27	in	in	ADP
ajfa-6244	213	28	singapore	singapore	PROPN
ajfa-6244	213	29	and	and	CCONJ
ajfa-6244	213	30	thailand	thailand	PROPN
ajfa-6244	213	31	.	.	PUNCT
ajfa-6244	214	1	mcc	mcc	PROPN
ajfa-6244	214	2	represents	represent	VERB
ajfa-6244	214	3	the	the	DET
ajfa-6244	214	4	relation	relation	NOUN
ajfa-6244	214	5	between	between	ADP
ajfa-6244	214	6	market	market	NOUN
ajfa-6244	214	7	structure	structure	NOUN
ajfa-6244	214	8	and	and	CCONJ
ajfa-6244	214	9	efficiency	efficiency	NOUN
ajfa-6244	214	10	.	.	PUNCT
ajfa-6244	215	1	in	in	ADP
ajfa-6244	215	2	the	the	DET
ajfa-6244	215	3	production	production	NOUN
ajfa-6244	215	4	stage	stage	NOUN
ajfa-6244	215	5	,	,	PUNCT
ajfa-6244	215	6	mcc	mcc	PROPN
ajfa-6244	215	7	is	be	AUX
ajfa-6244	215	8	positively	positively	ADV
ajfa-6244	215	9	related	relate	VERB
ajfa-6244	215	10	to	to	ADP
ajfa-6244	215	11	bank	bank	NOUN
ajfa-6244	215	12	efficiency	efficiency	NOUN
ajfa-6244	215	13	values	value	NOUN
ajfa-6244	215	14	in	in	ADP
ajfa-6244	215	15	hong	hong	PROPN
ajfa-6244	215	16	kong	kong	PROPN
ajfa-6244	215	17	,	,	PUNCT
ajfa-6244	215	18	the	the	DET
ajfa-6244	215	19	philippines	philippine	NOUN
ajfa-6244	215	20	,	,	PUNCT
ajfa-6244	215	21	singapore	singapore	PROPN
ajfa-6244	215	22	and	and	CCONJ
ajfa-6244	215	23	thailand	thailand	PROPN
ajfa-6244	215	24	,	,	PUNCT
ajfa-6244	215	25	whereas	whereas	SCONJ
ajfa-6244	215	26	it	it	PRON
ajfa-6244	215	27	is	be	AUX
ajfa-6244	215	28	negatively	negatively	ADV
ajfa-6244	215	29	related	relate	VERB
ajfa-6244	215	30	in	in	ADP
ajfa-6244	215	31	south	south	PROPN
ajfa-6244	215	32	korea	korea	PROPN
ajfa-6244	215	33	and	and	CCONJ
ajfa-6244	215	34	taiwan	taiwan	PROPN
ajfa-6244	215	35	.	.	PUNCT
ajfa-6244	216	1	in	in	ADP
ajfa-6244	216	2	the	the	DET
ajfa-6244	216	3	intermediation	intermediation	NOUN
ajfa-6244	216	4	stage	stage	NOUN
ajfa-6244	216	5	,	,	PUNCT
ajfa-6244	216	6	the	the	DET
ajfa-6244	216	7	variable	variable	NOUN
ajfa-6244	216	8	is	be	AUX
ajfa-6244	216	9	positively	positively	ADV
ajfa-6244	216	10	related	relate	VERB
ajfa-6244	216	11	to	to	ADP
ajfa-6244	216	12	efficiency	efficiency	NOUN
ajfa-6244	216	13	values	value	NOUN
ajfa-6244	216	14	in	in	ADP
ajfa-6244	216	15	south	south	PROPN
ajfa-6244	216	16	korea	korea	PROPN
ajfa-6244	216	17	and	and	CCONJ
ajfa-6244	216	18	taiwan	taiwan	PROPN
ajfa-6244	216	19	,	,	PUNCT
ajfa-6244	216	20	but	but	CCONJ
ajfa-6244	216	21	is	be	AUX
ajfa-6244	216	22	negatively	negatively	ADV
ajfa-6244	216	23	related	relate	VERB
ajfa-6244	216	24	in	in	ADP
ajfa-6244	216	25	singapore	singapore	PROPN
ajfa-6244	216	26	and	and	CCONJ
ajfa-6244	216	27	thailand	thailand	PROPN
ajfa-6244	216	28	.	.	PUNCT
ajfa-6244	217	1	the	the	DET
ajfa-6244	217	2	coefficient	coefficient	NOUN
ajfa-6244	217	3	of	of	ADP
ajfa-6244	217	4	mcc	mcc	PROPN
ajfa-6244	217	5	has	have	VERB
ajfa-6244	217	6	completely	completely	ADV
ajfa-6244	217	7	different	different	ADJ
ajfa-6244	217	8	results	result	NOUN
ajfa-6244	217	9	in	in	ADP
ajfa-6244	217	10	the	the	DET
ajfa-6244	217	11	two	two	NUM
ajfa-6244	217	12	stages	stage	NOUN
ajfa-6244	217	13	in	in	ADP
ajfa-6244	217	14	singapore	singapore	PROPN
ajfa-6244	217	15	,	,	PUNCT
ajfa-6244	217	16	thailand	thailand	PROPN
ajfa-6244	217	17	,	,	PUNCT
ajfa-6244	217	18	south	south	PROPN
ajfa-6244	217	19	korea	korea	PROPN
ajfa-6244	217	20	and	and	CCONJ
ajfa-6244	217	21	taiwan	taiwan	PROPN
ajfa-6244	217	22	,	,	PUNCT
ajfa-6244	217	23	indicating	indicate	VERB
ajfa-6244	217	24	that	that	SCONJ
ajfa-6244	217	25	the	the	DET
ajfa-6244	217	26	banks	bank	NOUN
ajfa-6244	217	27	in	in	ADP
ajfa-6244	217	28	singapore	singapore	PROPN
ajfa-6244	217	29	and	and	CCONJ
ajfa-6244	217	30	thailand	thailand	PROPN
ajfa-6244	217	31	overlook	overlook	VERB
ajfa-6244	217	32	their	their	PRON
ajfa-6244	217	33	operating	operating	NOUN
ajfa-6244	217	34	efficiency	efficiency	NOUN
ajfa-6244	217	35	in	in	ADP
ajfa-6244	217	36	the	the	DET
ajfa-6244	217	37	intermediation	intermediation	NOUN
ajfa-6244	217	38	stage	stage	NOUN
ajfa-6244	217	39	,	,	PUNCT
ajfa-6244	217	40	and	and	CCONJ
ajfa-6244	217	41	banks	bank	NOUN
ajfa-6244	217	42	in	in	ADP
ajfa-6244	217	43	south	south	PROPN
ajfa-6244	217	44	korea	korea	PROPN
ajfa-6244	217	45	and	and	CCONJ
ajfa-6244	217	46	taiwan	taiwan	PROPN
ajfa-6244	217	47	need	need	VERB
ajfa-6244	217	48	to	to	PART
ajfa-6244	217	49	increase	increase	VERB
ajfa-6244	217	50	(	(	PUNCT
ajfa-6244	217	51	reduce	reduce	VERB
ajfa-6244	217	52	)	)	PUNCT
ajfa-6244	217	53	consolidation	consolidation	NOUN
ajfa-6244	217	54	in	in	ADP
ajfa-6244	217	55	the	the	DET
ajfa-6244	217	56	intermediation	intermediation	NOUN
ajfa-6244	217	57	(	(	PUNCT
ajfa-6244	217	58	production	production	NOUN
ajfa-6244	217	59	)	)	PUNCT
ajfa-6244	217	60	stage	stage	NOUN
ajfa-6244	217	61	to	to	PART
ajfa-6244	217	62	improve	improve	VERB
ajfa-6244	217	63	efficiency	efficiency	NOUN
ajfa-6244	217	64	.	.	PUNCT
ajfa-6244	218	1	table	table	NOUN
ajfa-6244	218	2	3	3	NUM
ajfa-6244	218	3	.	.	PUNCT
ajfa-6244	219	1	tobit	tobit	NOUN
ajfa-6244	219	2	regression	regression	NOUN
ajfa-6244	219	3	analysis	analysis	NOUN
ajfa-6244	219	4	for	for	ADP
ajfa-6244	219	5	asian	asian	ADJ
ajfa-6244	219	6	banks	bank	NOUN
ajfa-6244	219	7	in	in	ADP
ajfa-6244	219	8	production	production	NOUN
ajfa-6244	219	9	and	and	CCONJ
ajfa-6244	219	10	intermediation	intermediation	NOUN
ajfa-6244	219	11	stages	stage	NOUN
ajfa-6244	219	12	dependent	dependent	ADV
ajfa-6244	219	13	:	:	PUNCT
ajfa-6244	219	14	te	te	ADP
ajfa-6244	219	15	production	production	NOUN
ajfa-6244	219	16	stage	stage	NOUN
ajfa-6244	219	17	intermediation	intermediation	NOUN
ajfa-6244	219	18	stage	stage	NOUN
ajfa-6244	219	19	china	china	PROPN
ajfa-6244	219	20	coefficient	coefficient	PROPN
ajfa-6244	219	21	t	t	PROPN
ajfa-6244	219	22	-	-	PUNCT
ajfa-6244	219	23	statistic	statistic	NOUN
ajfa-6244	219	24	p>|t|	p>|t|	NOUN
ajfa-6244	219	25	coefficient	coefficient	NOUN
ajfa-6244	219	26	t	t	NOUN
ajfa-6244	219	27	-	-	PUNCT
ajfa-6244	219	28	statistic	statistic	NOUN
ajfa-6244	219	29	p>|t|	p>|t|	NOUN
ajfa-6244	219	30	roa(pretax	roa(pretax	NOUN
ajfa-6244	219	31	)	)	PUNCT
ajfa-6244	219	32	-0.0482	-0.0482	PROPN
ajfa-6244	219	33	*	*	PUNCT
ajfa-6244	219	34	*	*	PUNCT
ajfa-6244	219	35	*	*	PUNCT
ajfa-6244	219	36	-1.50	-1.50	NUM
ajfa-6244	219	37	0.14	0.14	NUM
ajfa-6244	219	38	-0.0274	-0.0274	X
ajfa-6244	219	39	*	*	PUNCT
ajfa-6244	219	40	*	*	PUNCT
ajfa-6244	219	41	*	*	PUNCT
ajfa-6244	219	42	-0.95	-0.95	NUM
ajfa-6244	219	43	0.35	0.35	NUM
ajfa-6244	219	44	lnta	lnta	NOUN
ajfa-6244	219	45	0.0245	0.0245	NUM
ajfa-6244	219	46	*	*	PUNCT
ajfa-6244	219	47	*	*	PUNCT
ajfa-6244	219	48	*	*	PUNCT
ajfa-6244	219	49	2.58	2.58	NUM
ajfa-6244	219	50	0.01	0.01	NUM
ajfa-6244	219	51	0.0008	0.0008	NUM
ajfa-6244	219	52	*	*	PUNCT
ajfa-6244	219	53	*	*	PUNCT
ajfa-6244	219	54	*	*	PUNCT
ajfa-6244	219	55	0.10	0.10	NUM
ajfa-6244	219	56	0.92	0.92	NUM
ajfa-6244	219	57	llp	llp	PROPN
ajfa-6244	219	58	/	/	SYM
ajfa-6244	219	59	tl	tl	PROPN
ajfa-6244	219	60	0.0277	0.0277	NUM
ajfa-6244	219	61	*	*	PUNCT
ajfa-6244	220	1	*	*	PUNCT
ajfa-6244	220	2	*	*	PUNCT
ajfa-6244	220	3	1.36	1.36	NUM
ajfa-6244	220	4	0.18	0.18	NUM
ajfa-6244	220	5	nie	nie	PROPN
ajfa-6244	220	6	/	/	SYM
ajfa-6244	220	7	ta	ta	PROPN
ajfa-6244	220	8	-0.3206	-0.3206	PROPN
ajfa-6244	221	1	*	*	PUNCT
ajfa-6244	221	2	*	*	PUNCT
ajfa-6244	221	3	*	*	PUNCT
ajfa-6244	221	4	-5.48	-5.48	NUM
ajfa-6244	221	5	0.00	0.00	NUM
ajfa-6244	221	6	0.0614	0.0614	NUM
ajfa-6244	221	7	*	*	PUNCT
ajfa-6244	221	8	*	*	PUNCT
ajfa-6244	221	9	*	*	PUNCT
ajfa-6244	221	10	1.24	1.24	NUM
ajfa-6244	221	11	0.22	0.22	NUM
ajfa-6244	221	12	e	e	NOUN
ajfa-6244	221	13	/	/	SYM
ajfa-6244	221	14	ta	ta	ADP
ajfa-6244	221	15	0.0069	0.0069	NUM
ajfa-6244	221	16	*	*	PUNCT
ajfa-6244	221	17	*	*	PUNCT
ajfa-6244	221	18	*	*	PUNCT
ajfa-6244	221	19	2.47	2.47	NUM
ajfa-6244	221	20	0.02	0.02	NUM
ajfa-6244	221	21	0.0015	0.0015	NUM
ajfa-6244	221	22	*	*	PUNCT
ajfa-6244	221	23	*	*	PUNCT
ajfa-6244	221	24	*	*	PUNCT
ajfa-6244	221	25	0.59	0.59	NUM
ajfa-6244	221	26	0.56	0.56	NUM
ajfa-6244	221	27	gdp	gdp	NOUN
ajfa-6244	221	28	growth	growth	NOUN
ajfa-6244	221	29	0.0140	0.0140	NUM
ajfa-6244	222	1	*	*	PUNCT
ajfa-6244	222	2	*	*	PUNCT
ajfa-6244	222	3	*	*	PUNCT
ajfa-6244	222	4	1.19	1.19	NUM
ajfa-6244	222	5	0.24	0.24	NUM
ajfa-6244	222	6	0.0017	0.0017	NUM
ajfa-6244	222	7	*	*	PUNCT
ajfa-6244	222	8	*	*	PUNCT
ajfa-6244	222	9	*	*	PUNCT
ajfa-6244	222	10	0.16	0.16	NUM
ajfa-6244	222	11	0.87	0.87	NUM
ajfa-6244	222	12	mcc	mcc	NOUN
ajfa-6244	222	13	0.0282	0.0282	PROPN
ajfa-6244	222	14	*	*	PUNCT
ajfa-6244	222	15	*	*	PUNCT
ajfa-6244	222	16	*	*	X
ajfa-6244	222	17	1.65	1.65	NUM
ajfa-6244	222	18	0.10	0.10	NUM
ajfa-6244	222	19	-0.0067	-0.0067	NOUN
ajfa-6244	222	20	*	*	PUNCT
ajfa-6244	222	21	*	*	PUNCT
ajfa-6244	222	22	*	*	PUNCT
ajfa-6244	222	23	-0.46	-0.46	NUM
ajfa-6244	222	24	0.65	0.65	NUM
ajfa-6244	222	25	intercept	intercept	NOUN
ajfa-6244	222	26	-1.6031	-1.6031	NOUN
ajfa-6244	222	27	*	*	PUNCT
ajfa-6244	222	28	*	*	PUNCT
ajfa-6244	222	29	*	*	PUNCT
ajfa-6244	222	30	-1.12	-1.12	NUM
ajfa-6244	222	31	0.26	0.26	NUM
ajfa-6244	222	32	1.1993	1.1993	NUM
ajfa-6244	222	33	*	*	PUNCT
ajfa-6244	222	34	*	*	PUNCT
ajfa-6244	222	35	*	*	PUNCT
ajfa-6244	222	36	0.97	0.97	NUM
ajfa-6244	222	37	0.33	0.33	NUM
ajfa-6244	222	38	hong	hong	PROPN
ajfa-6244	222	39	kong	kong	PROPN
ajfa-6244	222	40	roa(pretax	roa(pretax	PROPN
ajfa-6244	222	41	)	)	PUNCT
ajfa-6244	222	42	0.1493	0.1493	NUM
ajfa-6244	223	1	*	*	PUNCT
ajfa-6244	223	2	*	*	PUNCT
ajfa-6244	223	3	*	*	PUNCT
ajfa-6244	223	4	4.94	4.94	NUM
ajfa-6244	223	5	0.00	0.00	NUM
ajfa-6244	223	6	0.0149	0.0149	NUM
ajfa-6244	223	7	*	*	PUNCT
ajfa-6244	223	8	*	*	PUNCT
ajfa-6244	223	9	*	*	PUNCT
ajfa-6244	223	10	0.55	0.55	NUM
ajfa-6244	223	11	0.59	0.59	NUM
ajfa-6244	223	12	lnta	lnta	NOUN
ajfa-6244	223	13	0.0167	0.0167	NUM
ajfa-6244	223	14	*	*	PUNCT
ajfa-6244	223	15	*	*	PUNCT
ajfa-6244	223	16	*	*	PUNCT
ajfa-6244	223	17	0.88	0.88	NUM
ajfa-6244	223	18	0.38	0.38	NUM
ajfa-6244	223	19	-0.0089	-0.0089	NOUN
ajfa-6244	223	20	*	*	PUNCT
ajfa-6244	223	21	*	*	PUNCT
ajfa-6244	223	22	*	*	PUNCT
ajfa-6244	223	23	-0.47	-0.47	PRON
ajfa-6244	223	24	0.64	0.64	NUM
ajfa-6244	223	25	llp	llp	PROPN
ajfa-6244	223	26	/	/	SYM
ajfa-6244	223	27	tl	tl	PROPN
ajfa-6244	223	28	0.1360	0.1360	NUM
ajfa-6244	223	29	*	*	PUNCT
ajfa-6244	223	30	*	*	PUNCT
ajfa-6244	223	31	*	*	PUNCT
ajfa-6244	223	32	1.71	1.71	NUM
ajfa-6244	223	33	0.09	0.09	NUM
ajfa-6244	223	34	nie	nie	PROPN
ajfa-6244	223	35	/	/	SYM
ajfa-6244	223	36	ta	ta	ADP
ajfa-6244	223	37	0.0392	0.0392	NUM
ajfa-6244	223	38	*	*	PUNCT
ajfa-6244	223	39	*	*	PUNCT
ajfa-6244	223	40	*	*	PUNCT
ajfa-6244	223	41	0.96	0.96	NUM
ajfa-6244	223	42	0.34	0.34	NUM
ajfa-6244	223	43	-0.0181	-0.0181	NOUN
ajfa-6244	224	1	*	*	PUNCT
ajfa-6244	224	2	*	*	PUNCT
ajfa-6244	224	3	*	*	PUNCT
ajfa-6244	224	4	-0.42	-0.42	NUM
ajfa-6244	224	5	0.68	0.68	NUM
ajfa-6244	224	6	e	e	NOUN
ajfa-6244	224	7	/	/	SYM
ajfa-6244	224	8	ta	ta	ADP
ajfa-6244	224	9	0.0066	0.0066	NUM
ajfa-6244	224	10	*	*	PROPN
ajfa-6244	224	11	*	*	PUNCT
ajfa-6244	224	12	*	*	PUNCT
ajfa-6244	224	13	0.85	0.85	NUM
ajfa-6244	224	14	0.40	0.40	NUM
ajfa-6244	224	15	0.0153	0.0153	NUM
ajfa-6244	224	16	*	*	PUNCT
ajfa-6244	224	17	*	*	PUNCT
ajfa-6244	224	18	*	*	PUNCT
ajfa-6244	224	19	2.02	2.02	NUM
ajfa-6244	224	20	0.05	0.05	NUM
ajfa-6244	224	21	gdp	gdp	NOUN
ajfa-6244	224	22	growth	growth	NOUN
ajfa-6244	224	23	-0.0227	-0.0227	NOUN
ajfa-6244	224	24	*	*	PUNCT
ajfa-6244	224	25	*	*	PUNCT
ajfa-6244	224	26	*	*	PUNCT
ajfa-6244	224	27	-1.74	-1.74	NUM
ajfa-6244	224	28	0.09	0.09	NUM
ajfa-6244	224	29	0.0428	0.0428	NUM
ajfa-6244	224	30	*	*	PUNCT
ajfa-6244	224	31	*	*	PUNCT
ajfa-6244	224	32	*	*	X
ajfa-6244	224	33	3.13	3.13	NUM
ajfa-6244	224	34	0.00	0.00	NUM
ajfa-6244	224	35	mcc	mcc	NOUN
ajfa-6244	224	36	0.5519	0.5519	NUM
ajfa-6244	224	37	*	*	PUNCT
ajfa-6244	224	38	*	*	PUNCT
ajfa-6244	224	39	*	*	PUNCT
ajfa-6244	224	40	2.04	2.04	NUM
ajfa-6244	224	41	0.05	0.05	NUM
ajfa-6244	224	42	0.2225	0.2225	NUM
ajfa-6244	224	43	*	*	PUNCT
ajfa-6244	224	44	*	*	PUNCT
ajfa-6244	224	45	*	*	PUNCT
ajfa-6244	224	46	0.82	0.82	NUM
ajfa-6244	224	47	0.42	0.42	NUM
ajfa-6244	224	48	intercept	intercept	NOUN
ajfa-6244	224	49	-39.5322	-39.5322	NOUN
ajfa-6244	224	50	*	*	NOUN
ajfa-6244	224	51	*	*	PUNCT
ajfa-6244	224	52	-2.03	-2.03	NUM
ajfa-6244	224	53	0.05	0.05	NUM
ajfa-6244	224	54	-15.4345	-15.4345	SYM
ajfa-6244	224	55	*	*	NOUN
ajfa-6244	224	56	*	*	NOUN
ajfa-6244	224	57	-0.79	-0.79	NUM
ajfa-6244	224	58	0.43	0.43	NUM
ajfa-6244	224	59	south	south	PROPN
ajfa-6244	224	60	korea	korea	PROPN
ajfa-6244	224	61	roa(pretax	roa(pretax	PROPN
ajfa-6244	224	62	)	)	PUNCT
ajfa-6244	225	1	0.0749	0.0749	NUM
ajfa-6244	225	2	0.95	0.95	NUM
ajfa-6244	225	3	0.35	0.35	NUM
ajfa-6244	225	4	-0.0240	-0.0240	NOUN
ajfa-6244	225	5	*	*	PUNCT
ajfa-6244	225	6	*	*	PUNCT
ajfa-6244	225	7	*	*	PUNCT
ajfa-6244	225	8	-0.44	-0.44	NUM
ajfa-6244	225	9	0.66	0.66	NUM
ajfa-6244	225	10	lnta	lnta	NOUN
ajfa-6244	225	11	0.0121	0.0121	NUM
ajfa-6244	225	12	0.58	0.58	NUM
ajfa-6244	225	13	0.56	0.56	NUM
ajfa-6244	225	14	0.0363	0.0363	NUM
ajfa-6244	225	15	*	*	PUNCT
ajfa-6244	225	16	*	*	PUNCT
ajfa-6244	225	17	*	*	PUNCT
ajfa-6244	225	18	2.74	2.74	NUM
ajfa-6244	225	19	0.01	0.01	NUM
ajfa-6244	225	20	llp	llp	PROPN
ajfa-6244	225	21	/	/	SYM
ajfa-6244	225	22	tl	tl	PROPN
ajfa-6244	225	23	-0.0242	-0.0242	PROPN
ajfa-6244	225	24	*	*	PUNCT
ajfa-6244	225	25	*	*	PUNCT
ajfa-6244	225	26	*	*	PUNCT
ajfa-6244	225	27	-0.65	-0.65	NUM
ajfa-6244	225	28	0.52	0.52	NUM
ajfa-6244	225	29	nie	nie	PROPN
ajfa-6244	225	30	/	/	SYM
ajfa-6244	225	31	ta	ta	PROPN
ajfa-6244	225	32	0.0504	0.0504	NUM
ajfa-6244	225	33	1.37	1.37	NUM
ajfa-6244	225	34	0.17	0.17	NUM
ajfa-6244	225	35	0.0089	0.0089	NUM
ajfa-6244	225	36	*	*	PUNCT
ajfa-6244	225	37	*	*	PUNCT
ajfa-6244	225	38	*	*	PUNCT
ajfa-6244	225	39	0.71	0.71	NUM
ajfa-6244	225	40	0.48	0.48	NUM
ajfa-6244	225	41	e	e	NOUN
ajfa-6244	225	42	/	/	SYM
ajfa-6244	225	43	ta	ta	PROPN
ajfa-6244	225	44	0.0168	0.0168	NUM
ajfa-6244	225	45	0.50	0.50	NUM
ajfa-6244	225	46	0.62	0.62	NUM
ajfa-6244	225	47	-0.0899	-0.0899	NOUN
ajfa-6244	225	48	*	*	PUNCT
ajfa-6244	225	49	*	*	PUNCT
ajfa-6244	225	50	*	*	PUNCT
ajfa-6244	225	51	-4.31	-4.31	NUM
ajfa-6244	225	52	0.00	0.00	NUM
ajfa-6244	225	53	gdp	gdp	NOUN
ajfa-6244	225	54	growth	growth	NOUN
ajfa-6244	225	55	0.0197	0.0197	NUM
ajfa-6244	225	56	1.05	1.05	NUM
ajfa-6244	225	57	0.30	0.30	NUM
ajfa-6244	225	58	-0.0076	-0.0076	NOUN
ajfa-6244	225	59	*	*	PUNCT
ajfa-6244	225	60	*	*	PUNCT
ajfa-6244	225	61	*	*	PUNCT
ajfa-6244	225	62	-0.60	-0.60	NUM
ajfa-6244	225	63	0.55	0.55	NUM
ajfa-6244	225	64	mcc	mcc	NOUN
ajfa-6244	225	65	-0.0167	-0.0167	PROPN
ajfa-6244	225	66	*	*	PROPN
ajfa-6244	225	67	-1.91	-1.91	NUM
ajfa-6244	225	68	0.06	0.06	NUM
ajfa-6244	225	69	0.0217	0.0217	NUM
ajfa-6244	225	70	*	*	PUNCT
ajfa-6244	225	71	*	*	PUNCT
ajfa-6244	225	72	*	*	PUNCT
ajfa-6244	225	73	3.64	3.64	NUM
ajfa-6244	225	74	0.00	0.00	NUM
ajfa-6244	225	75	intercept	intercept	VERB
ajfa-6244	225	76	0.9739	0.9739	NUM
ajfa-6244	225	77	1.56	1.56	NUM
ajfa-6244	225	78	0.13	0.13	NUM
ajfa-6244	225	79	-0.6684	-0.6684	NOUN
ajfa-6244	225	80	*	*	PUNCT
ajfa-6244	225	81	*	*	PUNCT
ajfa-6244	225	82	*	*	PUNCT
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ajfa-6244	225	84	0.08	0.08	NUM
ajfa-6244	225	85	malaysia	malaysia	PROPN
ajfa-6244	225	86	coefficient	coefficient	NOUN
ajfa-6244	225	87	t	t	PROPN
ajfa-6244	225	88	-	-	PUNCT
ajfa-6244	225	89	statistic	statistic	NOUN
ajfa-6244	225	90	p>|t|	p>|t|	NOUN
ajfa-6244	225	91	coefficient	coefficient	NOUN
ajfa-6244	225	92	t	t	NOUN
ajfa-6244	225	93	-	-	PUNCT
ajfa-6244	225	94	statistic	statistic	NOUN
ajfa-6244	225	95	p>|t|	p>|t|	NOUN
ajfa-6244	225	96	roa(pretax	roa(pretax	NOUN
ajfa-6244	225	97	)	)	PUNCT
ajfa-6244	225	98	0.1032	0.1032	NUM
ajfa-6244	225	99	*	*	PUNCT
ajfa-6244	225	100	*	*	PUNCT
ajfa-6244	225	101	*	*	PUNCT
ajfa-6244	225	102	4.49	4.49	NUM
ajfa-6244	225	103	0.00	0.00	NUM
ajfa-6244	225	104	0.0441	0.0441	NUM
ajfa-6244	225	105	*	*	PUNCT
ajfa-6244	225	106	*	*	PUNCT
ajfa-6244	225	107	*	*	PUNCT
ajfa-6244	225	108	1.21	1.21	NUM
ajfa-6244	225	109	0.23	0.23	NUM
ajfa-6244	225	110	asian	asian	ADJ
ajfa-6244	225	111	journal	journal	NOUN
ajfa-6244	225	112	of	of	ADP
ajfa-6244	225	113	finance	finance	PROPN
ajfa-6244	225	114	&	&	CCONJ
ajfa-6244	225	115	accounting	accounting	PROPN
ajfa-6244	225	116	issn	issn	PROPN
ajfa-6244	225	117	1946	1946	NUM
ajfa-6244	225	118	-	-	PUNCT
ajfa-6244	225	119	052x	052x	PROPN
ajfa-6244	225	120	2014	2014	NUM
ajfa-6244	225	121	,	,	PUNCT
ajfa-6244	225	122	vol	vol	NOUN
ajfa-6244	225	123	.	.	PROPN
ajfa-6244	225	124	6	6	NUM
ajfa-6244	225	125	,	,	PUNCT
ajfa-6244	225	126	no	no	INTJ
ajfa-6244	225	127	.	.	NOUN
ajfa-6244	225	128	2	2	NUM
ajfa-6244	225	129	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6244	225	130	482	482	NUM
ajfa-6244	225	131	lnta	lnta	NOUN
ajfa-6244	225	132	0.0221	0.0221	NUM
ajfa-6244	225	133	*	*	PUNCT
ajfa-6244	225	134	*	*	PUNCT
ajfa-6244	225	135	*	*	PUNCT
ajfa-6244	225	136	0.98	0.98	NUM
ajfa-6244	225	137	0.33	0.33	NUM
ajfa-6244	225	138	0.0230	0.0230	NUM
ajfa-6244	225	139	*	*	PUNCT
ajfa-6244	225	140	*	*	PUNCT
ajfa-6244	225	141	*	*	PUNCT
ajfa-6244	225	142	0.88	0.88	NUM
ajfa-6244	225	143	0.38	0.38	NUM
ajfa-6244	225	144	llp	llp	PROPN
ajfa-6244	225	145	/	/	SYM
ajfa-6244	225	146	tl	tl	PROPN
ajfa-6244	225	147	0.0261	0.0261	NUM
ajfa-6244	225	148	*	*	PUNCT
ajfa-6244	225	149	*	*	PUNCT
ajfa-6244	225	150	*	*	PUNCT
ajfa-6244	225	151	1.21	1.21	NUM
ajfa-6244	225	152	0.23	0.23	NUM
ajfa-6244	225	153	nie	nie	PROPN
ajfa-6244	225	154	/	/	SYM
ajfa-6244	225	155	ta	ta	PROPN
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ajfa-6244	225	157	*	*	PUNCT
ajfa-6244	225	158	*	*	PUNCT
ajfa-6244	225	159	*	*	PUNCT
ajfa-6244	225	160	-2.74	-2.74	NUM
ajfa-6244	225	161	0.01	0.01	NUM
ajfa-6244	225	162	0.0104	0.0104	NUM
ajfa-6244	225	163	*	*	PUNCT
ajfa-6244	225	164	*	*	PUNCT
ajfa-6244	225	165	*	*	PUNCT
ajfa-6244	225	166	0.21	0.21	NUM
ajfa-6244	225	167	0.83	0.83	NUM
ajfa-6244	225	168	e	e	NOUN
ajfa-6244	225	169	/	/	SYM
ajfa-6244	225	170	ta	ta	X
ajfa-6244	225	171	-0.0089	-0.0089	NOUN
ajfa-6244	225	172	*	*	PUNCT
ajfa-6244	225	173	*	*	PUNCT
ajfa-6244	225	174	*	*	PUNCT
ajfa-6244	225	175	-2.64	-2.64	NUM
ajfa-6244	225	176	0.01	0.01	NUM
ajfa-6244	225	177	-0.0010	-0.0010	NOUN
ajfa-6244	225	178	*	*	PUNCT
ajfa-6244	226	1	*	*	PUNCT
ajfa-6244	226	2	*	*	PUNCT
ajfa-6244	226	3	-0.23	-0.23	NUM
ajfa-6244	226	4	0.82	0.82	NUM
ajfa-6244	226	5	gdp	gdp	NOUN
ajfa-6244	226	6	growth	growth	NOUN
ajfa-6244	226	7	0.0080	0.0080	NUM
ajfa-6244	226	8	*	*	PUNCT
ajfa-6244	226	9	*	*	PUNCT
ajfa-6244	226	10	*	*	PUNCT
ajfa-6244	226	11	0.87	0.87	NUM
ajfa-6244	226	12	0.39	0.39	NUM
ajfa-6244	226	13	-0.0033	-0.0033	NOUN
ajfa-6244	226	14	*	*	PUNCT
ajfa-6244	226	15	*	*	PUNCT
ajfa-6244	226	16	*	*	PUNCT
ajfa-6244	226	17	-0.34	-0.34	NUM
ajfa-6244	226	18	0.74	0.74	NUM
ajfa-6244	226	19	mcc	mcc	NOUN
ajfa-6244	226	20	-0.0074	-0.0074	NOUN
ajfa-6244	226	21	*	*	PUNCT
ajfa-6244	227	1	*	*	PUNCT
ajfa-6244	227	2	*	*	PUNCT
ajfa-6244	227	3	-1.43	-1.43	NUM
ajfa-6244	227	4	0.16	0.16	NUM
ajfa-6244	227	5	0.0078	0.0078	NUM
ajfa-6244	227	6	*	*	PUNCT
ajfa-6244	227	7	*	*	PUNCT
ajfa-6244	227	8	*	*	PUNCT
ajfa-6244	227	9	1.43	1.43	NUM
ajfa-6244	227	10	0.16	0.16	NUM
ajfa-6244	227	11	intercept	intercept	VERB
ajfa-6244	227	12	0.7609	0.7609	NUM
ajfa-6244	227	13	*	*	PUNCT
ajfa-6244	227	14	*	*	PUNCT
ajfa-6244	227	15	*	*	PUNCT
ajfa-6244	227	16	1.85	1.85	NUM
ajfa-6244	227	17	0.07	0.07	NUM
ajfa-6244	227	18	0.0169	0.0169	NUM
ajfa-6244	227	19	*	*	PUNCT
ajfa-6244	227	20	*	*	PUNCT
ajfa-6244	227	21	*	*	PUNCT
ajfa-6244	227	22	0.03	0.03	NUM
ajfa-6244	227	23	0.97	0.97	NUM
ajfa-6244	227	24	philippines	philippine	NOUN
ajfa-6244	227	25	roa(pretax	roa(pretax	NOUN
ajfa-6244	227	26	)	)	PUNCT
ajfa-6244	227	27	0.0883	0.0883	NUM
ajfa-6244	227	28	*	*	PUNCT
ajfa-6244	227	29	*	*	PUNCT
ajfa-6244	227	30	*	*	PUNCT
ajfa-6244	227	31	3.23	3.23	NUM
ajfa-6244	227	32	0.00	0.00	NUM
ajfa-6244	227	33	-0.0195	-0.0195	NOUN
ajfa-6244	227	34	*	*	PROPN
ajfa-6244	227	35	*	*	PUNCT
ajfa-6244	227	36	*	*	PUNCT
ajfa-6244	227	37	-0.66	-0.66	NUM
ajfa-6244	227	38	0.52	0.52	NUM
ajfa-6244	227	39	lnta	lnta	NOUN
ajfa-6244	227	40	0.1435	0.1435	NUM
ajfa-6244	227	41	*	*	PUNCT
ajfa-6244	227	42	*	*	PUNCT
ajfa-6244	227	43	*	*	PUNCT
ajfa-6244	227	44	5.70	5.70	NUM
ajfa-6244	227	45	0.00	0.00	NUM
ajfa-6244	227	46	-0.1430	-0.1430	NOUN
ajfa-6244	227	47	*	*	PUNCT
ajfa-6244	227	48	*	*	PUNCT
ajfa-6244	227	49	*	*	PUNCT
ajfa-6244	227	50	-6.48	-6.48	NUM
ajfa-6244	227	51	0.00	0.00	NUM
ajfa-6244	227	52	llp	llp	PROPN
ajfa-6244	227	53	/	/	SYM
ajfa-6244	227	54	tl	tl	PROPN
ajfa-6244	227	55	-0.0167	-0.0167	ADJ
ajfa-6244	227	56	*	*	PUNCT
ajfa-6244	228	1	*	*	PUNCT
ajfa-6244	228	2	*	*	PUNCT
ajfa-6244	228	3	-0.83	-0.83	PROPN
ajfa-6244	228	4	0.41	0.41	NUM
ajfa-6244	228	5	nie	nie	PROPN
ajfa-6244	228	6	/	/	SYM
ajfa-6244	228	7	ta	ta	PROPN
ajfa-6244	228	8	0.1379	0.1379	NUM
ajfa-6244	228	9	*	*	PUNCT
ajfa-6244	228	10	*	*	PUNCT
ajfa-6244	228	11	*	*	PUNCT
ajfa-6244	228	12	3.24	3.24	NUM
ajfa-6244	228	13	0.00	0.00	NUM
ajfa-6244	228	14	-0.1411	-0.1411	NOUN
ajfa-6244	228	15	*	*	PUNCT
ajfa-6244	228	16	*	*	PUNCT
ajfa-6244	228	17	*	*	PUNCT
ajfa-6244	228	18	-3.52	-3.52	NUM
ajfa-6244	228	19	0.00	0.00	NUM
ajfa-6244	228	20	e	e	NOUN
ajfa-6244	228	21	/	/	SYM
ajfa-6244	228	22	ta	ta	PROPN
ajfa-6244	228	23	0.0043	0.0043	NUM
ajfa-6244	228	24	*	*	PUNCT
ajfa-6244	228	25	*	*	PUNCT
ajfa-6244	228	26	*	*	PUNCT
ajfa-6244	228	27	0.80	0.80	NUM
ajfa-6244	228	28	0.43	0.43	NUM
ajfa-6244	228	29	0.0151	0.0151	NUM
ajfa-6244	228	30	*	*	PUNCT
ajfa-6244	228	31	*	*	PUNCT
ajfa-6244	228	32	*	*	PUNCT
ajfa-6244	228	33	2.59	2.59	NUM
ajfa-6244	228	34	0.01	0.01	NUM
ajfa-6244	228	35	gdp	gdp	NOUN
ajfa-6244	228	36	growth	growth	NOUN
ajfa-6244	228	37	-0.0389	-0.0389	NOUN
ajfa-6244	228	38	*	*	PUNCT
ajfa-6244	229	1	*	*	PUNCT
ajfa-6244	229	2	*	*	PUNCT
ajfa-6244	229	3	-1.58	-1.58	NUM
ajfa-6244	229	4	0.12	0.12	NUM
ajfa-6244	229	5	0.0076	0.0076	NUM
ajfa-6244	229	6	*	*	PUNCT
ajfa-6244	229	7	*	*	PUNCT
ajfa-6244	229	8	*	*	NOUN
ajfa-6244	229	9	0.34	0.34	NUM
ajfa-6244	229	10	0.73	0.73	NUM
ajfa-6244	229	11	mcc	mcc	NOUN
ajfa-6244	229	12	0.0090	0.0090	NUM
ajfa-6244	229	13	*	*	PUNCT
ajfa-6244	229	14	*	*	PUNCT
ajfa-6244	229	15	*	*	PUNCT
ajfa-6244	229	16	3.51	3.51	NUM
ajfa-6244	229	17	0.00	0.00	NUM
ajfa-6244	229	18	0.0030	0.0030	NUM
ajfa-6244	229	19	*	*	PUNCT
ajfa-6244	229	20	*	*	PUNCT
ajfa-6244	229	21	*	*	PUNCT
ajfa-6244	229	22	1.22	1.22	NUM
ajfa-6244	229	23	0.23	0.23	NUM
ajfa-6244	229	24	intercept	intercept	NOUN
ajfa-6244	229	25	-2.4247	-2.4247	NOUN
ajfa-6244	229	26	*	*	PUNCT
ajfa-6244	229	27	*	*	PUNCT
ajfa-6244	229	28	*	*	PUNCT
ajfa-6244	229	29	-3.47	-3.47	NUM
ajfa-6244	229	30	0.00	0.00	NUM
ajfa-6244	229	31	3.5976	3.5976	NUM
ajfa-6244	229	32	*	*	PUNCT
ajfa-6244	229	33	*	*	PUNCT
ajfa-6244	229	34	*	*	PUNCT
ajfa-6244	229	35	5.74	5.74	NUM
ajfa-6244	229	36	0.00	0.00	NUM
ajfa-6244	229	37	singapore	singapore	PROPN
ajfa-6244	229	38	roa(pretax	roa(pretax	NOUN
ajfa-6244	229	39	)	)	PUNCT
ajfa-6244	229	40	0.0687	0.0687	NUM
ajfa-6244	229	41	*	*	PUNCT
ajfa-6244	229	42	*	*	PUNCT
ajfa-6244	229	43	*	*	PUNCT
ajfa-6244	229	44	2.10	2.10	NUM
ajfa-6244	229	45	0.06	0.06	NUM
ajfa-6244	229	46	-0.0144	-0.0144	NOUN
ajfa-6244	229	47	*	*	PUNCT
ajfa-6244	230	1	*	*	PUNCT
ajfa-6244	230	2	*	*	PUNCT
ajfa-6244	230	3	-0.30	-0.30	VERB
ajfa-6244	230	4	0.77	0.77	NUM
ajfa-6244	230	5	lnta	lnta	NOUN
ajfa-6244	230	6	-0.0287	-0.0287	PROPN
ajfa-6244	230	7	*	*	PUNCT
ajfa-6244	231	1	*	*	PUNCT
ajfa-6244	231	2	*	*	PUNCT
ajfa-6244	231	3	-1.49	-1.49	NUM
ajfa-6244	231	4	0.16	0.16	NUM
ajfa-6244	231	5	0.0074	0.0074	NUM
ajfa-6244	231	6	*	*	PUNCT
ajfa-6244	231	7	*	*	PUNCT
ajfa-6244	231	8	*	*	PUNCT
ajfa-6244	231	9	0.31	0.31	NUM
ajfa-6244	231	10	0.77	0.77	NUM
ajfa-6244	231	11	llp	llp	PROPN
ajfa-6244	231	12	/	/	SYM
ajfa-6244	231	13	tl	tl	PROPN
ajfa-6244	231	14	-0.0626	-0.0626	PROPN
ajfa-6244	231	15	*	*	PUNCT
ajfa-6244	232	1	*	*	PUNCT
ajfa-6244	232	2	*	*	PUNCT
ajfa-6244	232	3	-0.98	-0.98	NUM
ajfa-6244	232	4	0.36	0.36	NUM
ajfa-6244	232	5	nie	nie	PROPN
ajfa-6244	232	6	/	/	SYM
ajfa-6244	232	7	ta	ta	ADP
ajfa-6244	232	8	0.1559	0.1559	NUM
ajfa-6244	232	9	*	*	PUNCT
ajfa-6244	232	10	*	*	PUNCT
ajfa-6244	232	11	*	*	PUNCT
ajfa-6244	232	12	1.60	1.60	NUM
ajfa-6244	232	13	0.13	0.13	NUM
ajfa-6244	232	14	0.3825	0.3825	NUM
ajfa-6244	232	15	*	*	PUNCT
ajfa-6244	232	16	*	*	PUNCT
ajfa-6244	232	17	*	*	PUNCT
ajfa-6244	232	18	4.22	4.22	NUM
ajfa-6244	232	19	0.00	0.00	NUM
ajfa-6244	232	20	e	e	NOUN
ajfa-6244	232	21	/	/	SYM
ajfa-6244	232	22	ta	ta	PROPN
ajfa-6244	232	23	-0.0191	-0.0191	NOUN
ajfa-6244	232	24	*	*	PUNCT
ajfa-6244	232	25	*	*	PUNCT
ajfa-6244	232	26	*	*	PUNCT
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ajfa-6244	232	28	0.04	0.04	NUM
ajfa-6244	232	29	-0.0396	-0.0396	NOUN
ajfa-6244	232	30	*	*	PUNCT
ajfa-6244	232	31	*	*	PUNCT
ajfa-6244	233	1	-2.76	-2.76	NUM
ajfa-6244	233	2	0.03	0.03	NUM
ajfa-6244	233	3	gdp	gdp	NOUN
ajfa-6244	233	4	growth	growth	NOUN
ajfa-6244	233	5	0.0101	0.0101	NUM
ajfa-6244	233	6	*	*	PUNCT
ajfa-6244	233	7	*	*	PUNCT
ajfa-6244	233	8	*	*	PUNCT
ajfa-6244	233	9	1.17	1.17	NUM
ajfa-6244	233	10	0.26	0.26	NUM
ajfa-6244	233	11	-0.0182	-0.0182	NOUN
ajfa-6244	233	12	*	*	PUNCT
ajfa-6244	233	13	*	*	PUNCT
ajfa-6244	233	14	*	*	PUNCT
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ajfa-6244	233	16	0.00	0.00	NUM
ajfa-6244	233	17	mcc	mcc	PROPN
ajfa-6244	233	18	0.0242	0.0242	NUM
ajfa-6244	233	19	*	*	PROPN
ajfa-6244	233	20	*	*	PUNCT
ajfa-6244	233	21	*	*	PUNCT
ajfa-6244	233	22	3.01	3.01	NUM
ajfa-6244	233	23	0.01	0.01	NUM
ajfa-6244	233	24	-0.0193	-0.0193	NOUN
ajfa-6244	233	25	*	*	PUNCT
ajfa-6244	233	26	*	*	PUNCT
ajfa-6244	233	27	*	*	PUNCT
ajfa-6244	233	28	-4.63	-4.63	DET
ajfa-6244	233	29	0.00	0.00	NUM
ajfa-6244	233	30	intercept	intercept	NOUN
ajfa-6244	233	31	-0.9020	-0.9020	NOUN
ajfa-6244	233	32	*	*	PUNCT
ajfa-6244	233	33	*	*	PUNCT
ajfa-6244	233	34	*	*	PUNCT
ajfa-6244	233	35	-1.14	-1.14	PRON
ajfa-6244	233	36	0.28	0.28	NUM
ajfa-6244	233	37	2.8610	2.8610	NUM
ajfa-6244	233	38	*	*	PUNCT
ajfa-6244	233	39	*	*	PUNCT
ajfa-6244	233	40	*	*	PUNCT
ajfa-6244	233	41	3.53	3.53	NUM
ajfa-6244	233	42	0.01	0.01	NUM
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ajfa-6244	233	44	roa(pretax	roa(pretax	PROPN
ajfa-6244	233	45	)	)	PUNCT
ajfa-6244	233	46	0.0527	0.0527	NUM
ajfa-6244	233	47	*	*	PUNCT
ajfa-6244	233	48	*	*	PUNCT
ajfa-6244	233	49	*	*	PUNCT
ajfa-6244	233	50	2.37	2.37	NUM
ajfa-6244	233	51	0.02	0.02	NUM
ajfa-6244	233	52	0.0456	0.0456	NUM
ajfa-6244	233	53	*	*	PUNCT
ajfa-6244	233	54	*	*	PUNCT
ajfa-6244	233	55	*	*	PUNCT
ajfa-6244	233	56	2.95	2.95	NUM
ajfa-6244	233	57	0.01	0.01	NUM
ajfa-6244	233	58	lnta	lnta	NOUN
ajfa-6244	233	59	-0.0156	-0.0156	PROPN
ajfa-6244	233	60	*	*	PUNCT
ajfa-6244	233	61	*	*	PUNCT
ajfa-6244	233	62	*	*	PUNCT
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ajfa-6244	233	64	0.59	0.59	NUM
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ajfa-6244	233	66	*	*	NOUN
ajfa-6244	233	67	*	*	PUNCT
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ajfa-6244	233	70	0.00	0.00	NUM
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ajfa-6244	233	73	tl	tl	PROPN
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ajfa-6244	233	75	*	*	PUNCT
ajfa-6244	233	76	*	*	PUNCT
ajfa-6244	233	77	*	*	PROPN
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ajfa-6244	233	79	0.03	0.03	NUM
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ajfa-6244	233	81	/	/	SYM
ajfa-6244	233	82	ta	ta	X
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ajfa-6244	233	84	*	*	PUNCT
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ajfa-6244	233	86	*	*	PUNCT
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ajfa-6244	233	89	-0.1249	-0.1249	NOUN
ajfa-6244	233	90	*	*	PUNCT
ajfa-6244	233	91	*	*	PUNCT
ajfa-6244	233	92	*	*	PUNCT
ajfa-6244	233	93	-5.52	-5.52	NUM
ajfa-6244	233	94	0.00	0.00	NUM
ajfa-6244	233	95	e	e	NOUN
ajfa-6244	233	96	/	/	SYM
ajfa-6244	233	97	ta	ta	PROPN
ajfa-6244	233	98	-0.0195	-0.0195	NOUN
ajfa-6244	233	99	*	*	PROPN
ajfa-6244	233	100	*	*	PUNCT
ajfa-6244	233	101	*	*	PUNCT
ajfa-6244	233	102	-3.36	-3.36	NUM
ajfa-6244	233	103	0.00	0.00	NUM
ajfa-6244	233	104	-0.0256	-0.0256	NOUN
ajfa-6244	233	105	*	*	PUNCT
ajfa-6244	233	106	*	*	PUNCT
ajfa-6244	233	107	*	*	PUNCT
ajfa-6244	233	108	-5.02	-5.02	NUM
ajfa-6244	233	109	0.00	0.00	NUM
ajfa-6244	233	110	gdp	gdp	NOUN
ajfa-6244	233	111	growth	growth	NOUN
ajfa-6244	233	112	0.0250	0.0250	PRON
ajfa-6244	233	113	*	*	PUNCT
ajfa-6244	233	114	*	*	PUNCT
ajfa-6244	233	115	*	*	PUNCT
ajfa-6244	233	116	1.36	1.36	NUM
ajfa-6244	233	117	0.18	0.18	NUM
ajfa-6244	233	118	-0.0031	-0.0031	NOUN
ajfa-6244	233	119	*	*	PUNCT
ajfa-6244	233	120	*	*	PUNCT
ajfa-6244	233	121	*	*	PUNCT
ajfa-6244	233	122	-0.28	-0.28	NUM
ajfa-6244	233	123	0.78	0.78	NUM
ajfa-6244	233	124	mcc	mcc	NOUN
ajfa-6244	233	125	0.0631	0.0631	NUM
ajfa-6244	233	126	*	*	PUNCT
ajfa-6244	233	127	*	*	PUNCT
ajfa-6244	233	128	*	*	PUNCT
ajfa-6244	233	129	2.82	2.82	NUM
ajfa-6244	233	130	0.01	0.01	NUM
ajfa-6244	233	131	-0.0298	-0.0298	NOUN
ajfa-6244	233	132	*	*	PUNCT
ajfa-6244	233	133	*	*	PUNCT
ajfa-6244	233	134	*	*	PUNCT
ajfa-6244	233	135	-2.17	-2.17	NUM
ajfa-6244	233	136	0.03	0.03	NUM
ajfa-6244	233	137	intercept	intercept	NOUN
ajfa-6244	233	138	-1.9853	-1.9853	NOUN
ajfa-6244	233	139	*	*	PUNCT
ajfa-6244	233	140	*	*	PUNCT
ajfa-6244	233	141	*	*	PUNCT
ajfa-6244	233	142	-1.56	-1.56	NUM
ajfa-6244	233	143	0.12	0.12	NUM
ajfa-6244	233	144	4.0275	4.0275	NUM
ajfa-6244	233	145	*	*	PUNCT
ajfa-6244	233	146	*	*	PUNCT
ajfa-6244	233	147	*	*	PUNCT
ajfa-6244	233	148	4.98	4.98	NUM
ajfa-6244	233	149	0.00	0.00	NUM
ajfa-6244	233	150	taiwan	taiwan	PROPN
ajfa-6244	233	151	roa(pretax	roa(pretax	PROPN
ajfa-6244	233	152	)	)	PUNCT
ajfa-6244	233	153	0.0544	0.0544	NUM
ajfa-6244	233	154	*	*	PUNCT
ajfa-6244	233	155	*	*	PUNCT
ajfa-6244	233	156	*	*	PUNCT
ajfa-6244	233	157	6.24	6.24	NUM
ajfa-6244	233	158	0.00	0.00	NUM
ajfa-6244	233	159	-0.0085	-0.0085	NOUN
ajfa-6244	233	160	*	*	PUNCT
ajfa-6244	233	161	*	*	PUNCT
ajfa-6244	233	162	*	*	PUNCT
ajfa-6244	233	163	-1.11	-1.11	PROPN
ajfa-6244	233	164	0.27	0.27	NUM
ajfa-6244	233	165	lnta	lnta	NOUN
ajfa-6244	233	166	0.0498	0.0498	NUM
ajfa-6244	233	167	*	*	PUNCT
ajfa-6244	233	168	*	*	PUNCT
ajfa-6244	233	169	*	*	PUNCT
ajfa-6244	233	170	3.43	3.43	NUM
ajfa-6244	233	171	0.00	0.00	NUM
ajfa-6244	233	172	-0.0018	-0.0018	NOUN
ajfa-6244	233	173	*	*	PUNCT
ajfa-6244	233	174	*	*	PUNCT
ajfa-6244	233	175	*	*	PUNCT
ajfa-6244	233	176	-0.23	-0.23	NUM
ajfa-6244	233	177	0.82	0.82	NUM
ajfa-6244	233	178	llp	llp	PROPN
ajfa-6244	233	179	/	/	SYM
ajfa-6244	233	180	tl	tl	PROPN
ajfa-6244	233	181	-0.0023	-0.0023	PROPN
ajfa-6244	233	182	*	*	PROPN
ajfa-6244	233	183	*	*	PUNCT
ajfa-6244	233	184	*	*	PUNCT
ajfa-6244	233	185	-0.44	-0.44	NUM
ajfa-6244	233	186	0.66	0.66	NUM
ajfa-6244	233	187	nie	nie	PROPN
ajfa-6244	233	188	/	/	SYM
ajfa-6244	233	189	ta	ta	PROPN
ajfa-6244	233	190	0.0162	0.0162	NUM
ajfa-6244	233	191	*	*	PUNCT
ajfa-6244	233	192	*	*	PUNCT
ajfa-6244	233	193	*	*	PUNCT
ajfa-6244	233	194	0.91	0.91	NUM
ajfa-6244	233	195	0.36	0.36	NUM
ajfa-6244	233	196	-0.0101	-0.0101	NOUN
ajfa-6244	233	197	*	*	PUNCT
ajfa-6244	233	198	*	*	PUNCT
ajfa-6244	233	199	*	*	PUNCT
ajfa-6244	233	200	-1.05	-1.05	NUM
ajfa-6244	233	201	0.30	0.30	NUM
ajfa-6244	233	202	e	e	NOUN
ajfa-6244	233	203	/	/	SYM
ajfa-6244	233	204	ta	ta	X
ajfa-6244	233	205	-0.0069	-0.0069	NOUN
ajfa-6244	233	206	*	*	PUNCT
ajfa-6244	234	1	*	*	PUNCT
ajfa-6244	234	2	*	*	PUNCT
ajfa-6244	234	3	-5.07	-5.07	NUM
ajfa-6244	234	4	0.00	0.00	NUM
ajfa-6244	234	5	-0.0006	-0.0006	NOUN
ajfa-6244	234	6	*	*	PUNCT
ajfa-6244	234	7	*	*	PUNCT
ajfa-6244	234	8	*	*	PUNCT
ajfa-6244	234	9	-0.49	-0.49	NUM
ajfa-6244	234	10	0.63	0.63	NUM
ajfa-6244	234	11	gdp	gdp	NOUN
ajfa-6244	234	12	growth	growth	NOUN
ajfa-6244	234	13	-0.0057	-0.0057	VERB
ajfa-6244	234	14	*	*	PUNCT
ajfa-6244	234	15	*	*	PUNCT
ajfa-6244	234	16	*	*	PUNCT
ajfa-6244	234	17	-1.03	-1.03	NUM
ajfa-6244	234	18	0.31	0.31	NUM
ajfa-6244	234	19	0.0019	0.0019	NUM
ajfa-6244	234	20	*	*	PUNCT
ajfa-6244	234	21	*	*	PUNCT
ajfa-6244	234	22	*	*	PUNCT
ajfa-6244	234	23	0.64	0.64	NUM
ajfa-6244	234	24	0.52	0.52	NUM
ajfa-6244	234	25	mcc	mcc	NOUN
ajfa-6244	234	26	-0.0450	-0.0450	NOUN
ajfa-6244	234	27	*	*	PUNCT
ajfa-6244	234	28	*	*	PUNCT
ajfa-6244	234	29	*	*	PUNCT
ajfa-6244	234	30	-4.52	-4.52	NUM
ajfa-6244	234	31	0.00	0.00	NUM
ajfa-6244	234	32	0.0097	0.0097	NUM
ajfa-6244	234	33	*	*	PUNCT
ajfa-6244	234	34	*	*	PUNCT
ajfa-6244	234	35	*	*	PUNCT
ajfa-6244	234	36	1.73	1.73	NUM
ajfa-6244	234	37	0.09	0.09	NUM
ajfa-6244	234	38	intercept	intercept	NOUN
ajfa-6244	234	39	1.0612	1.0612	NUM
ajfa-6244	234	40	*	*	PUNCT
ajfa-6244	234	41	*	*	PUNCT
ajfa-6244	234	42	*	*	PUNCT
ajfa-6244	234	43	2.70	2.70	NUM
ajfa-6244	234	44	0.01	0.01	NUM
ajfa-6244	234	45	0.6714	0.6714	NUM
ajfa-6244	234	46	*	*	PUNCT
ajfa-6244	234	47	*	*	PUNCT
ajfa-6244	234	48	*	*	PUNCT
ajfa-6244	234	49	3.12	3.12	NUM
ajfa-6244	234	50	0.00	0.00	NUM
ajfa-6244	234	51	note	note	NOUN
ajfa-6244	234	52	:	:	PUNCT
ajfa-6244	234	53	*	*	PUNCT
ajfa-6244	234	54	indicates	indicate	VERB
ajfa-6244	234	55	significant	significant	ADJ
ajfa-6244	234	56	at	at	ADP
ajfa-6244	234	57	10	10	NUM
ajfa-6244	234	58	%	%	NOUN
ajfa-6244	234	59	level	level	NOUN
ajfa-6244	234	60	,	,	PUNCT
ajfa-6244	234	61	
 	
 	SPACE
ajfa-6244	234	62	*	*	PUNCT
ajfa-6244	234	63	*	*	PUNCT
ajfa-6244	234	64	indicates	indicate	VERB
ajfa-6244	234	65	significant	significant	ADJ
ajfa-6244	234	66	at	at	ADP
ajfa-6244	234	67	5	5	NUM
ajfa-6244	234	68	%	%	NOUN
ajfa-6244	234	69	level	level	NOUN
ajfa-6244	234	70	,	,	PUNCT
ajfa-6244	234	71	*	*	PUNCT
ajfa-6244	234	72	*	*	PUNCT
ajfa-6244	234	73	*	*	PUNCT
ajfa-6244	234	74	indicates	indicate	VERB
ajfa-6244	234	75	significant	significant	ADJ
ajfa-6244	234	76	at	at	ADP
ajfa-6244	234	77	1	1	NUM
ajfa-6244	234	78	%	%	NOUN
ajfa-6244	234	79	level	level	NOUN
ajfa-6244	234	80	.	.	PUNCT
ajfa-6244	235	1	in	in	ADP
ajfa-6244	235	2	the	the	DET
ajfa-6244	235	3	production	production	NOUN
ajfa-6244	235	4	stage	stage	NOUN
ajfa-6244	235	5	,	,	PUNCT
ajfa-6244	235	6	the	the	DET
ajfa-6244	235	7	gdp	gdp	NOUN
ajfa-6244	235	8	growth	growth	NOUN
ajfa-6244	235	9	rate	rate	NOUN
ajfa-6244	235	10	is	be	AUX
ajfa-6244	235	11	negatively	negatively	ADV
ajfa-6244	235	12	related	relate	VERB
ajfa-6244	235	13	to	to	ADP
ajfa-6244	235	14	efficiency	efficiency	NOUN
ajfa-6244	235	15	values	value	NOUN
ajfa-6244	235	16	in	in	ADP
ajfa-6244	235	17	hong	hong	PROPN
ajfa-6244	235	18	kong	kong	PROPN
ajfa-6244	235	19	.	.	PUNCT
ajfa-6244	236	1	in	in	ADP
ajfa-6244	236	2	the	the	DET
ajfa-6244	236	3	intermediation	intermediation	NOUN
ajfa-6244	236	4	stage	stage	NOUN
ajfa-6244	236	5	,	,	PUNCT
ajfa-6244	236	6	the	the	DET
ajfa-6244	236	7	variable	variable	NOUN
ajfa-6244	236	8	is	be	AUX
ajfa-6244	236	9	positively	positively	ADV
ajfa-6244	236	10	related	relate	VERB
ajfa-6244	236	11	to	to	ADP
ajfa-6244	236	12	efficiency	efficiency	NOUN
ajfa-6244	236	13	values	value	NOUN
ajfa-6244	236	14	asian	asian	ADJ
ajfa-6244	236	15	journal	journal	NOUN
ajfa-6244	236	16	of	of	ADP
ajfa-6244	236	17	finance	finance	PROPN
ajfa-6244	236	18	&	&	CCONJ
ajfa-6244	236	19	accounting	accounting	PROPN
ajfa-6244	236	20	issn	issn	PROPN
ajfa-6244	236	21	1946	1946	NUM
ajfa-6244	236	22	-	-	PUNCT
ajfa-6244	236	23	052x	052x	PROPN
ajfa-6244	236	24	2014	2014	NUM
ajfa-6244	236	25	,	,	PUNCT
ajfa-6244	236	26	vol	vol	NOUN
ajfa-6244	236	27	.	.	PROPN
ajfa-6244	236	28	6	6	NUM
ajfa-6244	236	29	,	,	PUNCT
ajfa-6244	236	30	no	no	INTJ
ajfa-6244	236	31	.	.	NOUN
ajfa-6244	236	32	2	2	NUM
ajfa-6244	236	33	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6244	236	34	483	483	NUM
ajfa-6244	236	35	in	in	ADP
ajfa-6244	236	36	hong	hong	PROPN
ajfa-6244	236	37	kong	kong	PROPN
ajfa-6244	236	38	,	,	PUNCT
ajfa-6244	236	39	but	but	CCONJ
ajfa-6244	236	40	is	be	AUX
ajfa-6244	236	41	negatively	negatively	ADV
ajfa-6244	236	42	related	relate	VERB
ajfa-6244	236	43	in	in	ADP
ajfa-6244	236	44	singapore	singapore	PROPN
ajfa-6244	236	45	.	.	PUNCT
ajfa-6244	237	1	the	the	DET
ajfa-6244	237	2	negative	negative	ADJ
ajfa-6244	237	3	relationship	relationship	NOUN
ajfa-6244	237	4	of	of	ADP
ajfa-6244	237	5	gdp	gdp	NOUN
ajfa-6244	237	6	growth	growth	NOUN
ajfa-6244	237	7	rate	rate	NOUN
ajfa-6244	237	8	with	with	ADP
ajfa-6244	237	9	efficiency	efficiency	NOUN
ajfa-6244	237	10	values	value	NOUN
ajfa-6244	237	11	in	in	ADP
ajfa-6244	237	12	the	the	DET
ajfa-6244	237	13	production	production	NOUN
ajfa-6244	237	14	stage	stage	NOUN
ajfa-6244	237	15	in	in	ADP
ajfa-6244	237	16	hong	hong	PROPN
ajfa-6244	237	17	kong	kong	PROPN
ajfa-6244	237	18	may	may	AUX
ajfa-6244	237	19	be	be	AUX
ajfa-6244	237	20	the	the	DET
ajfa-6244	237	21	consequence	consequence	NOUN
ajfa-6244	237	22	of	of	ADP
ajfa-6244	237	23	funds	fund	NOUN
ajfa-6244	237	24	moving	move	VERB
ajfa-6244	237	25	toward	toward	ADP
ajfa-6244	237	26	real	real	ADJ
ajfa-6244	237	27	estate	estate	NOUN
ajfa-6244	237	28	and	and	CCONJ
ajfa-6244	237	29	stocks	stock	NOUN
ajfa-6244	237	30	during	during	ADP
ajfa-6244	237	31	the	the	DET
ajfa-6244	237	32	sample	sample	NOUN
ajfa-6244	237	33	period	period	NOUN
ajfa-6244	237	34	combined	combine	VERB
ajfa-6244	237	35	with	with	ADP
ajfa-6244	237	36	relatively	relatively	ADV
ajfa-6244	237	37	fewer	few	ADJ
ajfa-6244	237	38	deposit	deposit	NOUN
ajfa-6244	237	39	incentives	incentive	NOUN
ajfa-6244	237	40	.	.	PUNCT
ajfa-6244	238	1	between	between	ADP
ajfa-6244	238	2	1999	1999	NUM
ajfa-6244	238	3	and	and	CCONJ
ajfa-6244	238	4	2003	2003	NUM
ajfa-6244	238	5	,	,	PUNCT
ajfa-6244	238	6	the	the	DET
ajfa-6244	238	7	average	average	ADJ
ajfa-6244	238	8	m1	m1	NOUN
ajfa-6244	238	9	/	/	SYM
ajfa-6244	238	10	m2	m2	PROPN
ajfa-6244	238	11	in	in	ADP
ajfa-6244	238	12	hong	hong	PROPN
ajfa-6244	238	13	kong	kong	PROPN
ajfa-6244	238	14	was	be	AUX
ajfa-6244	238	15	7.97	7.97	NUM
ajfa-6244	238	16	%	%	NOUN
ajfa-6244	238	17	;	;	PUNCT
ajfa-6244	238	18	however	however	ADV
ajfa-6244	238	19	,	,	PUNCT
ajfa-6244	238	20	from	from	ADP
ajfa-6244	238	21	2004	2004	NUM
ajfa-6244	238	22	to	to	ADP
ajfa-6244	238	23	2008	2008	NUM
ajfa-6244	238	24	,	,	PUNCT
ajfa-6244	238	25	it	it	PRON
ajfa-6244	238	26	became	become	VERB
ajfa-6244	238	27	10.34	10.34	NUM
ajfa-6244	238	28	%	%	NOUN
ajfa-6244	238	29	,	,	PUNCT
ajfa-6244	238	30	which	which	PRON
ajfa-6244	238	31	means	mean	VERB
ajfa-6244	238	32	that	that	SCONJ
ajfa-6244	238	33	funds	fund	NOUN
ajfa-6244	238	34	were	be	AUX
ajfa-6244	238	35	gradually	gradually	ADV
ajfa-6244	238	36	being	be	AUX
ajfa-6244	238	37	withdrawn	withdraw	VERB
ajfa-6244	238	38	from	from	ADP
ajfa-6244	238	39	bank	bank	NOUN
ajfa-6244	238	40	deposits	deposit	NOUN
ajfa-6244	238	41	.	.	PUNCT
ajfa-6244	239	1	although	although	SCONJ
ajfa-6244	239	2	gdp	gdp	NOUN
ajfa-6244	239	3	growth	growth	NOUN
ajfa-6244	239	4	rates	rate	NOUN
ajfa-6244	239	5	increased	increase	VERB
ajfa-6244	239	6	,	,	PUNCT
ajfa-6244	239	7	the	the	DET
ajfa-6244	239	8	ability	ability	NOUN
ajfa-6244	239	9	of	of	ADP
ajfa-6244	239	10	banks	bank	NOUN
ajfa-6244	239	11	to	to	PART
ajfa-6244	239	12	draw	draw	VERB
ajfa-6244	239	13	deposits	deposit	NOUN
ajfa-6244	239	14	decreased	decrease	VERB
ajfa-6244	239	15	,	,	PUNCT
ajfa-6244	239	16	thereby	thereby	ADV
ajfa-6244	239	17	lowering	lower	VERB
ajfa-6244	239	18	the	the	DET
ajfa-6244	239	19	efficiency	efficiency	NOUN
ajfa-6244	239	20	values	value	NOUN
ajfa-6244	239	21	in	in	ADP
ajfa-6244	239	22	the	the	DET
ajfa-6244	239	23	production	production	NOUN
ajfa-6244	239	24	stage	stage	NOUN
ajfa-6244	239	25	.	.	PUNCT
ajfa-6244	240	1	this	this	DET
ajfa-6244	240	2	variable	variable	NOUN
ajfa-6244	240	3	is	be	AUX
ajfa-6244	240	4	negatively	negatively	ADV
ajfa-6244	240	5	related	relate	VERB
ajfa-6244	240	6	to	to	ADP
ajfa-6244	240	7	efficiency	efficiency	NOUN
ajfa-6244	240	8	values	value	NOUN
ajfa-6244	240	9	in	in	ADP
ajfa-6244	240	10	singapore	singapore	PROPN
ajfa-6244	240	11	banks	bank	NOUN
ajfa-6244	240	12	in	in	ADP
ajfa-6244	240	13	the	the	DET
ajfa-6244	240	14	intermediation	intermediation	NOUN
ajfa-6244	240	15	stage	stage	NOUN
ajfa-6244	240	16	.	.	PUNCT
ajfa-6244	241	1	although	although	SCONJ
ajfa-6244	241	2	the	the	DET
ajfa-6244	241	3	banks	bank	NOUN
ajfa-6244	241	4	in	in	ADP
ajfa-6244	241	5	singapore	singapore	PROPN
ajfa-6244	241	6	enjoy	enjoy	VERB
ajfa-6244	241	7	high	high	ADJ
ajfa-6244	241	8	gdp	gdp	NOUN
ajfa-6244	241	9	growth	growth	NOUN
ajfa-6244	241	10	rates,3they	rates,3they	PROPN
ajfa-6244	241	11	may	may	AUX
ajfa-6244	241	12	face	face	VERB
ajfa-6244	241	13	less	less	ADJ
ajfa-6244	241	14	pressure	pressure	NOUN
ajfa-6244	241	15	to	to	PART
ajfa-6244	241	16	control	control	VERB
ajfa-6244	241	17	their	their	PRON
ajfa-6244	241	18	operation	operation	NOUN
ajfa-6244	241	19	costs	cost	NOUN
ajfa-6244	241	20	,	,	PUNCT
ajfa-6244	241	21	leading	lead	VERB
ajfa-6244	241	22	to	to	ADP
ajfa-6244	241	23	dropping	dropping	NOUN
ajfa-6244	241	24	of	of	ADP
ajfa-6244	241	25	efficiency	efficiency	NOUN
ajfa-6244	241	26	values	value	NOUN
ajfa-6244	241	27	(	(	PUNCT
ajfa-6244	241	28	pasiouras,2008	pasiouras,2008	NOUN
ajfa-6244	241	29	)	)	PUNCT
ajfa-6244	241	30	.	.	PUNCT
ajfa-6244	242	1	5	5	X
ajfa-6244	242	2	.	.	X
ajfa-6244	242	3	conclusion	conclusion	NOUN
ajfa-6244	242	4	nearly	nearly	ADV
ajfa-6244	242	5	all	all	PRON
ajfa-6244	242	6	extant	extant	ADJ
ajfa-6244	242	7	banking	banking	NOUN
ajfa-6244	242	8	efficiency	efficiency	NOUN
ajfa-6244	242	9	studies	study	NOUN
ajfa-6244	242	10	are	be	AUX
ajfa-6244	242	11	limited	limit	VERB
ajfa-6244	242	12	to	to	ADP
ajfa-6244	242	13	the	the	DET
ajfa-6244	242	14	use	use	NOUN
ajfa-6244	242	15	of	of	ADP
ajfa-6244	242	16	either	either	CCONJ
ajfa-6244	242	17	intermediary	intermediary	NOUN
ajfa-6244	242	18	or	or	CCONJ
ajfa-6244	242	19	production	production	NOUN
ajfa-6244	242	20	approaches	approach	NOUN
ajfa-6244	242	21	to	to	PART
ajfa-6244	242	22	examine	examine	VERB
ajfa-6244	242	23	the	the	DET
ajfa-6244	242	24	performance	performance	NOUN
ajfa-6244	242	25	of	of	ADP
ajfa-6244	242	26	the	the	DET
ajfa-6244	242	27	banking	banking	NOUN
ajfa-6244	242	28	industry	industry	NOUN
ajfa-6244	242	29	.	.	PUNCT
ajfa-6244	243	1	using	use	VERB
ajfa-6244	243	2	only	only	ADV
ajfa-6244	243	3	one	one	NUM
ajfa-6244	243	4	approach	approach	NOUN
ajfa-6244	243	5	,	,	PUNCT
ajfa-6244	243	6	however	however	ADV
ajfa-6244	243	7	,	,	PUNCT
ajfa-6244	243	8	can	can	AUX
ajfa-6244	243	9	not	not	PART
ajfa-6244	243	10	provide	provide	VERB
ajfa-6244	243	11	a	a	DET
ajfa-6244	243	12	comprehensive	comprehensive	ADJ
ajfa-6244	243	13	evaluation	evaluation	NOUN
ajfa-6244	243	14	of	of	ADP
ajfa-6244	243	15	banking	banking	NOUN
ajfa-6244	243	16	efficiency	efficiency	NOUN
ajfa-6244	243	17	.	.	PUNCT
ajfa-6244	244	1	in	in	ADP
ajfa-6244	244	2	practice	practice	NOUN
ajfa-6244	244	3	,	,	PUNCT
ajfa-6244	244	4	a	a	DET
ajfa-6244	244	5	bank	bank	NOUN
ajfa-6244	244	6	has	have	VERB
ajfa-6244	244	7	to	to	PART
ajfa-6244	244	8	consider	consider	VERB
ajfa-6244	244	9	the	the	DET
ajfa-6244	244	10	mutual	mutual	ADJ
ajfa-6244	244	11	effects	effect	NOUN
ajfa-6244	244	12	of	of	ADP
ajfa-6244	244	13	the	the	DET
ajfa-6244	244	14	two	two	NUM
ajfa-6244	244	15	aspects	aspect	NOUN
ajfa-6244	244	16	.	.	PUNCT
ajfa-6244	245	1	this	this	DET
ajfa-6244	245	2	study	study	NOUN
ajfa-6244	245	3	find	find	VERB
ajfa-6244	245	4	that	that	SCONJ
ajfa-6244	245	5	south	south	PROPN
ajfa-6244	245	6	korea	korea	PROPN
ajfa-6244	245	7	has	have	VERB
ajfa-6244	245	8	a	a	DET
ajfa-6244	245	9	higher	high	ADJ
ajfa-6244	245	10	te	te	NOUN
ajfa-6244	245	11	in	in	ADP
ajfa-6244	245	12	the	the	DET
ajfa-6244	245	13	production	production	NOUN
ajfa-6244	245	14	stage	stage	NOUN
ajfa-6244	245	15	than	than	ADP
ajfa-6244	245	16	in	in	ADP
ajfa-6244	245	17	the	the	DET
ajfa-6244	245	18	intermediation	intermediation	NOUN
ajfa-6244	245	19	stage	stage	NOUN
ajfa-6244	245	20	from	from	ADP
ajfa-6244	245	21	2004	2004	NUM
ajfa-6244	245	22	to	to	ADP
ajfa-6244	245	23	2008	2008	NUM
ajfa-6244	245	24	,	,	PUNCT
ajfa-6244	245	25	whereas	whereas	SCONJ
ajfa-6244	245	26	china	china	PROPN
ajfa-6244	245	27	,	,	PUNCT
ajfa-6244	245	28	hong	hong	PROPN
ajfa-6244	245	29	kong	kong	PROPN
ajfa-6244	245	30	,	,	PUNCT
ajfa-6244	245	31	and	and	CCONJ
ajfa-6244	245	32	taiwan	taiwan	PROPN
ajfa-6244	245	33	have	have	VERB
ajfa-6244	245	34	higher	high	ADJ
ajfa-6244	245	35	te	te	NOUN
ajfa-6244	245	36	in	in	ADP
ajfa-6244	245	37	the	the	DET
ajfa-6244	245	38	intermediation	intermediation	NOUN
ajfa-6244	245	39	stage	stage	NOUN
ajfa-6244	245	40	.	.	PUNCT
ajfa-6244	246	1	banks	bank	NOUN
ajfa-6244	246	2	with	with	ADP
ajfa-6244	246	3	a	a	DET
ajfa-6244	246	4	significantly	significantly	ADV
ajfa-6244	246	5	higher	high	ADJ
ajfa-6244	246	6	te	te	ADP
ajfa-6244	246	7	in	in	ADP
ajfa-6244	246	8	the	the	DET
ajfa-6244	246	9	production	production	NOUN
ajfa-6244	246	10	(	(	PUNCT
ajfa-6244	246	11	intermediation	intermediation	NOUN
ajfa-6244	246	12	)	)	PUNCT
ajfa-6244	246	13	stage	stage	NOUN
ajfa-6244	246	14	than	than	ADP
ajfa-6244	246	15	in	in	ADP
ajfa-6244	246	16	the	the	DET
ajfa-6244	246	17	intermediation	intermediation	NOUN
ajfa-6244	246	18	(	(	PUNCT
ajfa-6244	246	19	production	production	NOUN
ajfa-6244	246	20	)	)	PUNCT
ajfa-6244	246	21	stage	stage	NOUN
ajfa-6244	246	22	demonstrate	demonstrate	NOUN
ajfa-6244	246	23	strengths	strength	NOUN
ajfa-6244	246	24	in	in	ADP
ajfa-6244	246	25	production	production	NOUN
ajfa-6244	246	26	(	(	PUNCT
ajfa-6244	246	27	intermediary	intermediary	NOUN
ajfa-6244	246	28	)	)	PUNCT
ajfa-6244	246	29	capability	capability	NOUN
ajfa-6244	246	30	.	.	PUNCT
ajfa-6244	247	1	therefore	therefore	ADV
ajfa-6244	247	2	,	,	PUNCT
ajfa-6244	247	3	when	when	SCONJ
ajfa-6244	247	4	local	local	ADJ
ajfa-6244	247	5	banks	bank	NOUN
ajfa-6244	247	6	in	in	ADP
ajfa-6244	247	7	south	south	PROPN
ajfa-6244	247	8	korea	korea	PROPN
ajfa-6244	247	9	facing	face	VERB
ajfa-6244	247	10	foreign	foreign	ADJ
ajfa-6244	247	11	competition	competition	NOUN
ajfa-6244	247	12	,	,	PUNCT
ajfa-6244	247	13	they	they	PRON
ajfa-6244	247	14	could	could	AUX
ajfa-6244	247	15	to	to	PART
ajfa-6244	247	16	take	take	VERB
ajfa-6244	247	17	advantage	advantage	NOUN
ajfa-6244	247	18	of	of	ADP
ajfa-6244	247	19	their	their	PRON
ajfa-6244	247	20	strength	strength	NOUN
ajfa-6244	247	21	in	in	ADP
ajfa-6244	247	22	the	the	DET
ajfa-6244	247	23	production	production	NOUN
ajfa-6244	247	24	stage	stage	NOUN
ajfa-6244	247	25	to	to	PART
ajfa-6244	247	26	overcome	overcome	VERB
ajfa-6244	247	27	the	the	DET
ajfa-6244	247	28	challenge	challenge	NOUN
ajfa-6244	247	29	.	.	PUNCT
ajfa-6244	248	1	similarly	similarly	ADV
ajfa-6244	248	2	,	,	PUNCT
ajfa-6244	248	3	local	local	ADJ
ajfa-6244	248	4	banks	bank	NOUN
ajfa-6244	248	5	in	in	ADP
ajfa-6244	248	6	china	china	PROPN
ajfa-6244	248	7	,	,	PUNCT
ajfa-6244	248	8	hong	hong	PROPN
ajfa-6244	248	9	kong	kong	PROPN
ajfa-6244	248	10	,	,	PUNCT
ajfa-6244	248	11	taiwan	taiwan	PROPN
ajfa-6244	248	12	need	need	VERB
ajfa-6244	248	13	to	to	PART
ajfa-6244	248	14	exploit	exploit	VERB
ajfa-6244	248	15	their	their	PRON
ajfa-6244	248	16	advantages	advantage	NOUN
ajfa-6244	248	17	as	as	ADP
ajfa-6244	248	18	intermediary	intermediary	NOUN
ajfa-6244	248	19	to	to	PART
ajfa-6244	248	20	compete	compete	VERB
ajfa-6244	248	21	with	with	ADP
ajfa-6244	248	22	foreign	foreign	ADJ
ajfa-6244	248	23	banks	bank	NOUN
ajfa-6244	248	24	.	.	PUNCT
ajfa-6244	249	1	additionally	additionally	ADV
ajfa-6244	249	2	,	,	PUNCT
ajfa-6244	249	3	most	most	ADJ
ajfa-6244	249	4	asian	asian	ADJ
ajfa-6244	249	5	banks	bank	NOUN
ajfa-6244	249	6	need	need	VERB
ajfa-6244	249	7	to	to	PART
ajfa-6244	249	8	enhance	enhance	VERB
ajfa-6244	249	9	their	their	PRON
ajfa-6244	249	10	management	management	NOUN
ajfa-6244	249	11	skills	skill	NOUN
ajfa-6244	249	12	in	in	ADP
ajfa-6244	249	13	production	production	NOUN
ajfa-6244	249	14	stage	stage	NOUN
ajfa-6244	249	15	in	in	ADP
ajfa-6244	249	16	order	order	NOUN
ajfa-6244	249	17	to	to	PART
ajfa-6244	249	18	generate	generate	VERB
ajfa-6244	249	19	higher	high	ADJ
ajfa-6244	249	20	production	production	NOUN
ajfa-6244	249	21	efficiency	efficiency	NOUN
ajfa-6244	249	22	.	.	PUNCT
ajfa-6244	250	1	banks	bank	NOUN
ajfa-6244	250	2	in	in	ADP
ajfa-6244	250	3	china	china	PROPN
ajfa-6244	250	4	,	,	PUNCT
ajfa-6244	250	5	taiwan	taiwan	PROPN
ajfa-6244	250	6	and	and	CCONJ
ajfa-6244	250	7	south	south	ADJ
ajfa-6244	250	8	korean	korean	PROPN
ajfa-6244	250	9	have	have	VERB
ajfa-6244	250	10	to	to	PART
ajfa-6244	250	11	strength	strength	VERB
ajfa-6244	250	12	their	their	PRON
ajfa-6244	250	13	management	management	NOUN
ajfa-6244	250	14	abilities	ability	NOUN
ajfa-6244	250	15	as	as	ADP
ajfa-6244	250	16	an	an	DET
ajfa-6244	250	17	intermediary	intermediary	NOUN
ajfa-6244	250	18	to	to	PART
ajfa-6244	250	19	enhance	enhance	VERB
ajfa-6244	250	20	operating	operating	NOUN
ajfa-6244	250	21	efficiency	efficiency	NOUN
ajfa-6244	250	22	.	.	PUNCT
ajfa-6244	251	1	however	however	ADV
ajfa-6244	251	2	,	,	PUNCT
ajfa-6244	251	3	banks	bank	NOUN
ajfa-6244	251	4	in	in	ADP
ajfa-6244	251	5	hong	hong	PROPN
ajfa-6244	251	6	kong	kong	PROPN
ajfa-6244	251	7	,	,	PUNCT
ajfa-6244	251	8	malaysia	malaysia	PROPN
ajfa-6244	251	9	,	,	PUNCT
ajfa-6244	251	10	thailand	thailand	PROPN
ajfa-6244	251	11	,	,	PUNCT
ajfa-6244	251	12	singapore	singapore	PROPN
ajfa-6244	251	13	and	and	CCONJ
ajfa-6244	251	14	the	the	DET
ajfa-6244	251	15	philippines	philippine	NOUN
ajfa-6244	251	16	could	could	AUX
ajfa-6244	251	17	increase	increase	VERB
ajfa-6244	251	18	the	the	DET
ajfa-6244	251	19	scale	scale	NOUN
ajfa-6244	251	20	of	of	ADP
ajfa-6244	251	21	banks	bank	NOUN
ajfa-6244	251	22	to	to	PART
ajfa-6244	251	23	improve	improve	VERB
ajfa-6244	251	24	operating	operating	NOUN
ajfa-6244	251	25	efficiency	efficiency	NOUN
ajfa-6244	251	26	in	in	ADP
ajfa-6244	251	27	intermediation	intermediation	NOUN
ajfa-6244	251	28	stage	stage	NOUN
ajfa-6244	251	29	.	.	PUNCT
ajfa-6244	252	1	by	by	ADP
ajfa-6244	252	2	looking	look	VERB
ajfa-6244	252	3	at	at	ADP
ajfa-6244	252	4	the	the	DET
ajfa-6244	252	5	factors	factor	NOUN
ajfa-6244	252	6	that	that	PRON
ajfa-6244	252	7	affect	affect	VERB
ajfa-6244	252	8	te	te	ADP
ajfa-6244	252	9	,	,	PUNCT
ajfa-6244	252	10	the	the	DET
ajfa-6244	252	11	banks	bank	NOUN
ajfa-6244	252	12	in	in	ADP
ajfa-6244	252	13	the	the	DET
ajfa-6244	252	14	philippines	philippine	NOUN
ajfa-6244	252	15	could	could	AUX
ajfa-6244	252	16	transfer	transfer	VERB
ajfa-6244	252	17	some	some	DET
ajfa-6244	252	18	management	management	NOUN
ajfa-6244	252	19	resources	resource	NOUN
ajfa-6244	252	20	from	from	ADP
ajfa-6244	252	21	the	the	DET
ajfa-6244	252	22	intermediation	intermediation	NOUN
ajfa-6244	252	23	stage	stage	NOUN
ajfa-6244	252	24	to	to	ADP
ajfa-6244	252	25	the	the	DET
ajfa-6244	252	26	production	production	NOUN
ajfa-6244	252	27	stage	stage	NOUN
ajfa-6244	252	28	toward	toward	ADP
ajfa-6244	252	29	obtaining	obtain	VERB
ajfa-6244	252	30	a	a	DET
ajfa-6244	252	31	higher	high	ADJ
ajfa-6244	252	32	efficiency	efficiency	NOUN
ajfa-6244	252	33	.	.	PUNCT
ajfa-6244	253	1	banks	bank	NOUN
ajfa-6244	253	2	in	in	ADP
ajfa-6244	253	3	hong	hong	PROPN
ajfa-6244	253	4	kong	kong	PROPN
ajfa-6244	253	5	and	and	CCONJ
ajfa-6244	253	6	thailand	thailand	PROPN
ajfa-6244	253	7	,	,	PUNCT
ajfa-6244	253	8	in	in	ADP
ajfa-6244	253	9	the	the	DET
ajfa-6244	253	10	meantime	meantime	NOUN
ajfa-6244	253	11	,	,	PUNCT
ajfa-6244	253	12	should	should	AUX
ajfa-6244	253	13	ensure	ensure	VERB
ajfa-6244	253	14	the	the	DET
ajfa-6244	253	15	quality	quality	NOUN
ajfa-6244	253	16	of	of	ADP
ajfa-6244	253	17	loans	loan	NOUN
ajfa-6244	253	18	in	in	ADP
ajfa-6244	253	19	the	the	DET
ajfa-6244	253	20	future	future	NOUN
ajfa-6244	253	21	.	.	PUNCT
ajfa-6244	254	1	if	if	SCONJ
ajfa-6244	254	2	banks	bank	NOUN
ajfa-6244	254	3	in	in	ADP
ajfa-6244	254	4	china	china	PROPN
ajfa-6244	254	5	wish	wish	VERB
ajfa-6244	254	6	to	to	PART
ajfa-6244	254	7	improve	improve	VERB
ajfa-6244	254	8	te	te	PROPN
ajfa-6244	254	9	in	in	ADP
ajfa-6244	254	10	the	the	DET
ajfa-6244	254	11	production	production	NOUN
ajfa-6244	254	12	stage	stage	NOUN
ajfa-6244	254	13	,	,	PUNCT
ajfa-6244	254	14	they	they	PRON
ajfa-6244	254	15	need	need	VERB
ajfa-6244	254	16	to	to	PART
ajfa-6244	254	17	lower	lower	VERB
ajfa-6244	254	18	their	their	PRON
ajfa-6244	254	19	operating	operating	NOUN
ajfa-6244	254	20	costs	cost	NOUN
ajfa-6244	254	21	and	and	CCONJ
ajfa-6244	254	22	debt	debt	NOUN
ajfa-6244	254	23	ratios	ratio	NOUN
ajfa-6244	254	24	.	.	PUNCT
ajfa-6244	255	1	banks	bank	NOUN
ajfa-6244	255	2	in	in	ADP
ajfa-6244	255	3	south	south	ADJ
ajfa-6244	255	4	korean	korean	PROPN
ajfa-6244	255	5	and	and	CCONJ
ajfa-6244	255	6	taiwan	taiwan	PROPN
ajfa-6244	255	7	,	,	PUNCT
ajfa-6244	255	8	in	in	ADP
ajfa-6244	255	9	contrast	contrast	NOUN
ajfa-6244	255	10	,	,	PUNCT
ajfa-6244	255	11	can	can	AUX
ajfa-6244	255	12	improve	improve	VERB
ajfa-6244	255	13	efficiency	efficiency	NOUN
ajfa-6244	255	14	in	in	ADP
ajfa-6244	255	15	the	the	DET
ajfa-6244	255	16	intermediation	intermediation	NOUN
ajfa-6244	255	17	stage	stage	NOUN
ajfa-6244	255	18	through	through	ADP
ajfa-6244	255	19	bank	bank	NOUN
ajfa-6244	255	20	consolidation	consolidation	NOUN
ajfa-6244	255	21	.	.	PUNCT
ajfa-6244	256	1	moreover	moreover	ADV
ajfa-6244	256	2	,	,	PUNCT
ajfa-6244	256	3	particularly	particularly	ADV
ajfa-6244	256	4	noteworthy	noteworthy	ADJ
ajfa-6244	256	5	is	be	AUX
ajfa-6244	256	6	the	the	DET
ajfa-6244	256	7	fact	fact	NOUN
ajfa-6244	256	8	that	that	SCONJ
ajfa-6244	256	9	banks	bank	NOUN
ajfa-6244	256	10	in	in	ADP
ajfa-6244	256	11	singapore	singapore	PROPN
ajfa-6244	256	12	and	and	CCONJ
ajfa-6244	256	13	thailand	thailand	PROPN
ajfa-6244	256	14	seem	seem	VERB
ajfa-6244	256	15	to	to	PART
ajfa-6244	256	16	have	have	VERB
ajfa-6244	256	17	a	a	DET
ajfa-6244	256	18	“	"	PUNCT
ajfa-6244	256	19	quiet	quiet	ADJ
ajfa-6244	256	20	life	life	NOUN
ajfa-6244	256	21	”	"	PUNCT
ajfa-6244	256	22	attitude	attitude	NOUN
ajfa-6244	256	23	,	,	PUNCT
ajfa-6244	256	24	in	in	ADP
ajfa-6244	256	25	which	which	PRON
ajfa-6244	256	26	they	they	PRON
ajfa-6244	256	27	should	should	AUX
ajfa-6244	256	28	pay	pay	VERB
ajfa-6244	256	29	more	more	ADJ
ajfa-6244	256	30	attention	attention	NOUN
ajfa-6244	256	31	to	to	ADP
ajfa-6244	256	32	operating	operating	NOUN
ajfa-6244	256	33	costs	cost	NOUN
ajfa-6244	256	34	in	in	ADP
ajfa-6244	256	35	the	the	DET
ajfa-6244	256	36	intermediation	intermediation	NOUN
ajfa-6244	256	37	stage	stage	NOUN
ajfa-6244	256	38	.	.	PUNCT
ajfa-6244	257	1	3	3	NUM
ajfa-6244	257	2	the	the	DET
ajfa-6244	257	3	gdp	gdp	NOUN
ajfa-6244	257	4	growth	growth	NOUN
ajfa-6244	257	5	rates	rate	NOUN
ajfa-6244	257	6	of	of	ADP
ajfa-6244	257	7	singapore	singapore	PROPN
ajfa-6244	257	8	from	from	ADP
ajfa-6244	257	9	2004	2004	NUM
ajfa-6244	257	10	to	to	ADP
ajfa-6244	257	11	2008	2008	NUM
ajfa-6244	257	12	were	be	AUX
ajfa-6244	257	13	14.15	14.15	NUM
ajfa-6244	257	14	%	%	NOUN
ajfa-6244	257	15	,	,	PUNCT
ajfa-6244	257	16	8.6	8.6	NUM
ajfa-6244	257	17	%	%	NOUN
ajfa-6244	257	18	,	,	PUNCT
ajfa-6244	257	19	9.85	9.85	NUM
ajfa-6244	257	20	%	%	NOUN
ajfa-6244	257	21	,	,	PUNCT
ajfa-6244	257	22	13.78	13.78	NUM
ajfa-6244	257	23	%	%	NOUN
ajfa-6244	257	24	,	,	PUNCT
ajfa-6244	257	25	and	and	CCONJ
ajfa-6244	257	26	2.31	2.31	NUM
ajfa-6244	257	27	%	%	NOUN
ajfa-6244	257	28	,	,	PUNCT
ajfa-6244	257	29	respectively	respectively	ADV
ajfa-6244	257	30	.	.	PUNCT
ajfa-6244	258	1	asian	asian	ADJ
ajfa-6244	258	2	journal	journal	PROPN
ajfa-6244	258	3	of	of	ADP
ajfa-6244	258	4	finance	finance	PROPN
ajfa-6244	258	5	&	&	CCONJ
ajfa-6244	258	6	accounting	accounting	PROPN
ajfa-6244	258	7	issn	issn	PROPN
ajfa-6244	258	8	1946	1946	NUM
ajfa-6244	258	9	-	-	PUNCT
ajfa-6244	258	10	052x	052x	PROPN
ajfa-6244	258	11	2014	2014	NUM
ajfa-6244	258	12	,	,	PUNCT
ajfa-6244	258	13	vol	vol	NOUN
ajfa-6244	258	14	.	.	PROPN
ajfa-6244	259	1	6	6	NUM
ajfa-6244	259	2	,	,	PUNCT
ajfa-6244	259	3	no	no	INTJ
ajfa-6244	259	4	.	.	NOUN
ajfa-6244	259	5	2	2	NUM
ajfa-6244	259	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6244	259	7	484	484	NUM
ajfa-6244	259	8	references	reference	NOUN
ajfa-6244	259	9	abad	abad	PROPN
ajfa-6244	259	10	,	,	PUNCT
ajfa-6244	259	11	c.	c.	PROPN
ajfa-6244	259	12	,	,	PUNCT
ajfa-6244	259	13	s.a	s.a	PROPN
ajfa-6244	259	14	.	.	PROPN
ajfa-6244	259	15	thore	thore	PROPN
ajfa-6244	259	16	,	,	PUNCT
ajfa-6244	259	17	&	&	CCONJ
ajfa-6244	259	18	j.	j.	PROPN
ajfa-6244	259	19	laffarge	laffarge	PROPN
ajfa-6244	259	20	.	.	PUNCT
ajfa-6244	260	1	(	(	PUNCT
ajfa-6244	260	2	2004	2004	NUM
ajfa-6244	260	3	)	)	PUNCT
ajfa-6244	260	4	.	.	PUNCT
ajfa-6244	261	1	fundamental	fundamental	ADJ
ajfa-6244	261	2	analysis	analysis	NOUN
ajfa-6244	261	3	of	of	ADP
ajfa-6244	261	4	stocks	stock	NOUN
ajfa-6244	261	5	by	by	ADP
ajfa-6244	261	6	two	two	NUM
ajfa-6244	261	7	-	-	PUNCT
ajfa-6244	261	8	stage	stage	NOUN
ajfa-6244	261	9	dea	dea	PROPN
ajfa-6244	261	10	.	.	PROPN
ajfa-6244	261	11	managerial	managerial	ADJ
ajfa-6244	261	12	and	and	CCONJ
ajfa-6244	261	13	decision	decision	NOUN
ajfa-6244	261	14	economics	economic	NOUN
ajfa-6244	261	15	,	,	PUNCT
ajfa-6244	261	16	25(5	25(5	NUM
ajfa-6244	261	17	)	)	PUNCT
ajfa-6244	261	18	,	,	PUNCT
ajfa-6244	261	19	231	231	NUM
ajfa-6244	261	20	-	-	SYM
ajfa-6244	261	21	241	241	NUM
ajfa-6244	261	22	.	.	PUNCT
ajfa-6244	262	1	http://dx.doi.org/10.1002/mde.1145	http://dx.doi.org/10.1002/mde.1145	PROPN
ajfa-6244	262	2	ahmad	ahmad	PROPN
ajfa-6244	262	3	,	,	PUNCT
ajfa-6244	262	4	n.h	n.h	PROPN
ajfa-6244	262	5	.	.	PROPN
ajfa-6244	262	6	,	,	PUNCT
ajfa-6244	262	7	a.n.m	a.n.m	PROPN
ajfa-6244	262	8	.	.	PUNCT
ajfa-6244	263	1	noor	noor	PROPN
ajfa-6244	263	2	,	,	PUNCT
ajfa-6244	263	3	&	&	CCONJ
ajfa-6244	263	4	f.	f.	PROPN
ajfa-6244	263	5	sufian	sufian	PROPN
ajfa-6244	263	6	.	.	PUNCT
ajfa-6244	264	1	(	(	PUNCT
ajfa-6244	264	2	2010	2010	NUM
ajfa-6244	264	3	)	)	PUNCT
ajfa-6244	264	4	.	.	PUNCT
ajfa-6244	265	1	the	the	DET
ajfa-6244	265	2	efficiency	efficiency	NOUN
ajfa-6244	265	3	of	of	ADP
ajfa-6244	265	4	islamic	islamic	ADJ
ajfa-6244	265	5	banks	bank	NOUN
ajfa-6244	265	6	:	:	PUNCT
ajfa-6244	265	7	empirical	empirical	ADJ
ajfa-6244	265	8	evidence	evidence	NOUN
ajfa-6244	265	9	from	from	ADP
ajfa-6244	265	10	the	the	DET
ajfa-6244	265	11	asian	asian	ADJ
ajfa-6244	265	12	countries	country	NOUN
ajfa-6244	265	13	'	'	PART
ajfa-6244	265	14	islamic	islamic	ADJ
ajfa-6244	265	15	banking	banking	NOUN
ajfa-6244	265	16	sectors	sector	NOUN
ajfa-6244	265	17	.	.	PUNCT
ajfa-6244	266	1	journal	journal	PROPN
ajfa-6244	266	2	for	for	ADP
ajfa-6244	266	3	international	international	ADJ
ajfa-6244	266	4	business	business	NOUN
ajfa-6244	266	5	and	and	CCONJ
ajfa-6244	266	6	entrepreneurship	entrepreneurship	NOUN
ajfa-6244	266	7	development	development	NOUN
ajfa-6244	266	8	,	,	PUNCT
ajfa-6244	266	9	5	5	NUM
ajfa-6244	266	10	,	,	PUNCT
ajfa-6244	266	11	154	154	NUM
ajfa-6244	266	12	-	-	SYM
ajfa-6244	266	13	166	166	NUM
ajfa-6244	266	14	.	.	PUNCT
ajfa-6244	267	1	http://dx.doi.org/10.1504/jibed.2010.036999	http://dx.doi.org/10.1504/jibed.2010.036999	PROPN
ajfa-6244	267	2	al	al	PROPN
ajfa-6244	267	3	-	-	PUNCT
ajfa-6244	267	4	muharrami	muharrami	PROPN
ajfa-6244	267	5	,	,	PUNCT
ajfa-6244	267	6	s.k.m	s.k.m	PROPN
ajfa-6244	267	7	.	.	PUNCT
ajfa-6244	267	8	(	(	PUNCT
ajfa-6244	267	9	2009	2009	NUM
ajfa-6244	267	10	)	)	PUNCT
ajfa-6244	267	11	.	.	PUNCT
ajfa-6244	268	1	market	market	NOUN
ajfa-6244	268	2	power	power	NOUN
ajfa-6244	268	3	versus	versus	ADP
ajfa-6244	268	4	efficient	efficient	ADJ
ajfa-6244	268	5	-	-	PUNCT
ajfa-6244	268	6	structure	structure	NOUN
ajfa-6244	268	7	in	in	ADP
ajfa-6244	268	8	arab	arab	ADJ
ajfa-6244	268	9	gcc	gcc	NOUN
ajfa-6244	268	10	banking	banking	NOUN
ajfa-6244	268	11	.	.	PUNCT
ajfa-6244	269	1	applied	apply	VERB
ajfa-6244	269	2	financial	financial	ADJ
ajfa-6244	269	3	economics	economic	NOUN
ajfa-6244	269	4	,	,	PUNCT
ajfa-6244	269	5	19	19	NUM
ajfa-6244	269	6	,	,	PUNCT
ajfa-6244	269	7	1487	1487	NUM
ajfa-6244	269	8	-	-	SYM
ajfa-6244	269	9	1496	1496	NUM
ajfa-6244	269	10	.	.	PUNCT
ajfa-6244	270	1	http://dx.doi.org/10.1080/09603100902845478	http://dx.doi.org/10.1080/09603100902845478	PROPN
ajfa-6244	270	2	athanassopoulos	athanassopoulos	PROPN
ajfa-6244	270	3	,	,	PUNCT
ajfa-6244	270	4	a.d	a.d	PROPN
ajfa-6244	270	5	.	.	PROPN
ajfa-6244	270	6	,	,	PUNCT
ajfa-6244	270	7	&	&	CCONJ
ajfa-6244	270	8	d.	d.	PROPN
ajfa-6244	270	9	giokas	giokas	PROPN
ajfa-6244	270	10	.	.	PUNCT
ajfa-6244	271	1	(	(	PUNCT
ajfa-6244	271	2	2000	2000	NUM
ajfa-6244	271	3	)	)	PUNCT
ajfa-6244	271	4	.	.	PUNCT
ajfa-6244	272	1	the	the	DET
ajfa-6244	272	2	use	use	NOUN
ajfa-6244	272	3	of	of	ADP
ajfa-6244	272	4	data	datum	NOUN
ajfa-6244	272	5	envelopment	envelopment	ADJ
ajfa-6244	272	6	analysis	analysis	NOUN
ajfa-6244	272	7	in	in	ADP
ajfa-6244	272	8	banking	banking	NOUN
ajfa-6244	272	9	institutions	institution	NOUN
ajfa-6244	272	10	:	:	PUNCT
ajfa-6244	272	11	evidence	evidence	NOUN
ajfa-6244	272	12	from	from	ADP
ajfa-6244	272	13	the	the	DET
ajfa-6244	272	14	commercial	commercial	ADJ
ajfa-6244	272	15	bank	bank	PROPN
ajfa-6244	272	16	of	of	ADP
ajfa-6244	272	17	greece	greece	PROPN
ajfa-6244	272	18	.	.	PUNCT
ajfa-6244	273	1	interfaces	interface	NOUN
ajfa-6244	273	2	,	,	PUNCT
ajfa-6244	273	3	30(2	30(2	NUM
ajfa-6244	273	4	)	)	PUNCT
ajfa-6244	273	5	,	,	PUNCT
ajfa-6244	273	6	81	81	NUM
ajfa-6244	273	7	-	-	SYM
ajfa-6244	273	8	95	95	NUM
ajfa-6244	273	9	.	.	PUNCT
ajfa-6244	274	1	http://dx.doi.org/10.1287/inte.30.2.81.11678	http://dx.doi.org/10.1287/inte.30.2.81.11678	PROPN
ajfa-6244	274	2	banker	banker	NOUN
ajfa-6244	274	3	,	,	PUNCT
ajfa-6244	274	4	r.d	r.d	PROPN
ajfa-6244	274	5	.	.	PROPN
ajfa-6244	274	6	,	,	PUNCT
ajfa-6244	274	7	a.	a.	NOUN
ajfa-6244	274	8	charnes	charnes	PROPN
ajfa-6244	274	9	,	,	PUNCT
ajfa-6244	274	10	&	&	CCONJ
ajfa-6244	274	11	w.w	w.w	PROPN
ajfa-6244	274	12	.	.	PROPN
ajfa-6244	274	13	cooper	cooper	PROPN
ajfa-6244	274	14	.	.	PUNCT
ajfa-6244	275	1	(	(	PUNCT
ajfa-6244	275	2	1984	1984	NUM
ajfa-6244	275	3	)	)	PUNCT
ajfa-6244	275	4	.	.	PUNCT
ajfa-6244	276	1	some	some	DET
ajfa-6244	276	2	models	model	NOUN
ajfa-6244	276	3	for	for	ADP
ajfa-6244	276	4	estimating	estimate	VERB
ajfa-6244	276	5	technical	technical	ADJ
ajfa-6244	276	6	and	and	CCONJ
ajfa-6244	276	7	scale	scale	NOUN
ajfa-6244	276	8	inefficiencies	inefficiency	NOUN
ajfa-6244	276	9	in	in	ADP
ajfa-6244	276	10	data	datum	NOUN
ajfa-6244	276	11	envelopment	envelopment	ADJ
ajfa-6244	276	12	analysis	analysis	NOUN
ajfa-6244	276	13	.	.	PUNCT
ajfa-6244	277	1	management	management	NOUN
ajfa-6244	277	2	science	science	NOUN
ajfa-6244	277	3	,	,	PUNCT
ajfa-6244	277	4	30(9	30(9	NUM
ajfa-6244	277	5	)	)	PUNCT
ajfa-6244	277	6	,	,	PUNCT
ajfa-6244	277	7	1078	1078	NUM
ajfa-6244	277	8	-	-	SYM
ajfa-6244	277	9	1092	1092	NUM
ajfa-6244	277	10	.	.	PUNCT
ajfa-6244	278	1	http://dx.doi.org/10.1287/mnsc.30.9.1078	http://dx.doi.org/10.1287/mnsc.30.9.1078	PROPN
ajfa-6244	278	2	beck	beck	PROPN
ajfa-6244	278	3	,	,	PUNCT
ajfa-6244	278	4	t.	t.	PROPN
ajfa-6244	278	5	,	,	PUNCT
ajfa-6244	278	6	a.	a.	PROPN
ajfa-6244	278	7	demirgüç	demirgüç	PROPN
ajfa-6244	278	8	-	-	PUNCT
ajfa-6244	278	9	kunt	kunt	PROPN
ajfa-6244	278	10	,	,	PUNCT
ajfa-6244	278	11	&	&	CCONJ
ajfa-6244	278	12	r.	r.	PROPN
ajfa-6244	278	13	levine	levine	PROPN
ajfa-6244	278	14	.	.	PUNCT
ajfa-6244	279	1	(	(	PUNCT
ajfa-6244	279	2	2006	2006	NUM
ajfa-6244	279	3	)	)	PUNCT
ajfa-6244	279	4	.	.	PUNCT
ajfa-6244	280	1	bank	bank	NOUN
ajfa-6244	280	2	concentration	concentration	NOUN
ajfa-6244	280	3	,	,	PUNCT
ajfa-6244	280	4	competition	competition	NOUN
ajfa-6244	280	5	,	,	PUNCT
ajfa-6244	280	6	and	and	CCONJ
ajfa-6244	280	7	crises	crisis	NOUN
ajfa-6244	280	8	:	:	PUNCT
ajfa-6244	280	9	first	first	ADJ
ajfa-6244	280	10	results	result	NOUN
ajfa-6244	280	11	.	.	PUNCT
ajfa-6244	281	1	journal	journal	NOUN
ajfa-6244	281	2	of	of	ADP
ajfa-6244	281	3	banking	banking	NOUN
ajfa-6244	281	4	and	and	CCONJ
ajfa-6244	281	5	finance	finance	NOUN
ajfa-6244	281	6	,	,	PUNCT
ajfa-6244	281	7	30(5	30(5	NUM
ajfa-6244	281	8	)	)	PUNCT
ajfa-6244	281	9	,	,	PUNCT
ajfa-6244	281	10	1581	1581	NUM
ajfa-6244	281	11	-	-	SYM
ajfa-6244	281	12	1603	1603	NUM
ajfa-6244	281	13	.	.	PUNCT
ajfa-6244	282	1	http://dx.doi.org/10.1016/j.jbankfin.2005.05.010	http://dx.doi.org/10.1016/j.jbankfin.2005.05.010	PROPN
ajfa-6244	282	2	benston	benston	NOUN
ajfa-6244	282	3	,	,	PUNCT
ajfa-6244	282	4	g.j	g.j	PROPN
ajfa-6244	282	5	.	.	PUNCT
ajfa-6244	282	6	(	(	PUNCT
ajfa-6244	282	7	1965	1965	NUM
ajfa-6244	282	8	)	)	PUNCT
ajfa-6244	282	9	.	.	PUNCT
ajfa-6244	283	1	branch	branch	NOUN
ajfa-6244	283	2	banking	banking	NOUN
ajfa-6244	283	3	and	and	CCONJ
ajfa-6244	283	4	economies	economy	NOUN
ajfa-6244	283	5	of	of	ADP
ajfa-6244	283	6	scale	scale	NOUN
ajfa-6244	283	7	.	.	PUNCT
ajfa-6244	284	1	journal	journal	PROPN
ajfa-6244	284	2	of	of	ADP
ajfa-6244	284	3	finance	finance	NOUN
ajfa-6244	284	4	,	,	PUNCT
ajfa-6244	284	5	20(2	20(2	NUM
ajfa-6244	284	6	)	)	PUNCT
ajfa-6244	284	7	,	,	PUNCT
ajfa-6244	285	1	312–331	312–331	NUM
ajfa-6244	285	2	.	.	PUNCT
ajfa-6244	286	1	http://dx.doi.org/10.1111/j.1540-6261.1965.tb00212.x	http://dx.doi.org/10.1111/j.1540-6261.1965.tb00212.x	PROPN
ajfa-6244	286	2	berger	berger	PROPN
ajfa-6244	286	3	,	,	PUNCT
ajfa-6244	286	4	a.n	a.n	PROPN
ajfa-6244	286	5	.	.	PROPN
ajfa-6244	286	6	,	,	PUNCT
ajfa-6244	286	7	&	&	CCONJ
ajfa-6244	286	8	d.b	d.b	PROPN
ajfa-6244	286	9	.	.	PROPN
ajfa-6244	286	10	humphrey	humphrey	PROPN
ajfa-6244	286	11	.	.	PUNCT
ajfa-6244	287	1	(	(	PUNCT
ajfa-6244	287	2	1997	1997	NUM
ajfa-6244	287	3	)	)	PUNCT
ajfa-6244	287	4	.	.	PUNCT
ajfa-6244	288	1	efficiency	efficiency	NOUN
ajfa-6244	288	2	of	of	ADP
ajfa-6244	288	3	financial	financial	ADJ
ajfa-6244	288	4	institution	institution	NOUN
ajfa-6244	288	5	:	:	PUNCT
ajfa-6244	288	6	international	international	ADJ
ajfa-6244	288	7	survey	survey	NOUN
ajfa-6244	288	8	and	and	CCONJ
ajfa-6244	288	9	directions	direction	NOUN
ajfa-6244	288	10	for	for	ADP
ajfa-6244	288	11	future	future	ADJ
ajfa-6244	288	12	research	research	NOUN
ajfa-6244	288	13	.	.	PUNCT
ajfa-6244	289	1	european	european	ADJ
ajfa-6244	289	2	journal	journal	PROPN
ajfa-6244	289	3	of	of	ADP
ajfa-6244	289	4	operational	operational	ADJ
ajfa-6244	289	5	research	research	NOUN
ajfa-6244	289	6	,	,	PUNCT
ajfa-6244	289	7	98(2	98(2	NUM
ajfa-6244	289	8	)	)	PUNCT
ajfa-6244	289	9	,	,	PUNCT
ajfa-6244	289	10	175	175	NUM
ajfa-6244	289	11	-	-	SYM
ajfa-6244	289	12	212	212	NUM
ajfa-6244	289	13	.	.	PUNCT
ajfa-6244	290	1	http://dx.doi.org/10.1016/s0377-2217(96)00342-6	http://dx.doi.org/10.1016/s0377-2217(96)00342-6	ADJ
ajfa-6244	290	2	berger	berger	PROPN
ajfa-6244	290	3	,	,	PUNCT
ajfa-6244	290	4	a.n	a.n	PROPN
ajfa-6244	290	5	.	.	PROPN
ajfa-6244	290	6	,	,	PUNCT
ajfa-6244	290	7	&	&	CCONJ
ajfa-6244	290	8	r.	r.	PROPN
ajfa-6244	290	9	deyoung	deyoung	PROPN
ajfa-6244	290	10	.	.	PUNCT
ajfa-6244	291	1	(	(	PUNCT
ajfa-6244	291	2	1997	1997	NUM
ajfa-6244	291	3	)	)	PUNCT
ajfa-6244	291	4	.	.	PUNCT
ajfa-6244	292	1	problem	problem	NOUN
ajfa-6244	292	2	loans	loan	NOUN
ajfa-6244	292	3	and	and	CCONJ
ajfa-6244	292	4	cost	cost	NOUN
ajfa-6244	292	5	efficiency	efficiency	NOUN
ajfa-6244	292	6	in	in	ADP
ajfa-6244	292	7	commercial	commercial	ADJ
ajfa-6244	292	8	banks	bank	NOUN
ajfa-6244	292	9	.	.	PUNCT
ajfa-6244	293	1	journal	journal	NOUN
ajfa-6244	293	2	of	of	ADP
ajfa-6244	293	3	banking	banking	NOUN
ajfa-6244	293	4	and	and	CCONJ
ajfa-6244	293	5	finance	finance	NOUN
ajfa-6244	293	6	,	,	PUNCT
ajfa-6244	293	7	21(6	21(6	PROPN
ajfa-6244	293	8	)	)	PUNCT
ajfa-6244	293	9	,	,	PUNCT
ajfa-6244	293	10	849	849	NUM
ajfa-6244	293	11	-	-	SYM
ajfa-6244	293	12	870	870	NUM
ajfa-6244	293	13	.	.	PUNCT
ajfa-6244	294	1	http://dx.doi.org/10.1016/s0378-4266(97)00003-4	http://dx.doi.org/10.1016/s0378-4266(97)00003-4	PROPN
ajfa-6244	294	2	casu	casu	PROPN
ajfa-6244	294	3	,	,	PUNCT
ajfa-6244	294	4	b.	b.	PROPN
ajfa-6244	294	5	,	,	PUNCT
ajfa-6244	294	6	c.	c.	PROPN
ajfa-6244	294	7	girardone	girardone	PROPN
ajfa-6244	294	8	,	,	PUNCT
ajfa-6244	294	9	&	&	CCONJ
ajfa-6244	294	10	p.	p.	PROPN
ajfa-6244	294	11	molyneux	molyneux	PROPN
ajfa-6244	294	12	.	.	PUNCT
ajfa-6244	295	1	(	(	PUNCT
ajfa-6244	295	2	2003	2003	NUM
ajfa-6244	295	3	)	)	PUNCT
ajfa-6244	295	4	.	.	PUNCT
ajfa-6244	296	1	productivity	productivity	NOUN
ajfa-6244	296	2	change	change	NOUN
ajfa-6244	296	3	in	in	ADP
ajfa-6244	296	4	european	european	ADJ
ajfa-6244	296	5	banking	banking	NOUN
ajfa-6244	296	6	:	:	PUNCT
ajfa-6244	296	7	a	a	DET
ajfa-6244	296	8	comparison	comparison	NOUN
ajfa-6244	296	9	of	of	ADP
ajfa-6244	296	10	parametric	parametric	ADJ
ajfa-6244	296	11	and	and	CCONJ
ajfa-6244	296	12	nonparametric	nonparametric	NOUN
ajfa-6244	296	13	approaches	approach	NOUN
ajfa-6244	296	14	.	.	PUNCT
ajfa-6244	297	1	journal	journal	NOUN
ajfa-6244	297	2	of	of	ADP
ajfa-6244	297	3	banking	banking	NOUN
ajfa-6244	297	4	and	and	CCONJ
ajfa-6244	297	5	finance	finance	NOUN
ajfa-6244	297	6	,	,	PUNCT
ajfa-6244	297	7	28(10	28(10	NUM
ajfa-6244	297	8	)	)	PUNCT
ajfa-6244	297	9	,	,	PUNCT
ajfa-6244	297	10	2521	2521	NUM
ajfa-6244	297	11	-	-	SYM
ajfa-6244	297	12	2540	2540	NUM
ajfa-6244	297	13	.	.	PUNCT
ajfa-6244	298	1	http://dx.doi.org/10.1016/j.jbankfin.2003.10.014	http://dx.doi.org/10.1016/j.jbankfin.2003.10.014	PROPN
ajfa-6244	298	2	charnes	charne	NOUN
ajfa-6244	298	3	,	,	PUNCT
ajfa-6244	298	4	a.	a.	NOUN
ajfa-6244	298	5	,	,	PUNCT
ajfa-6244	298	6	w.	w.	PROPN
ajfa-6244	298	7	cooper	cooper	PROPN
ajfa-6244	298	8	,	,	PUNCT
ajfa-6244	298	9	&	&	CCONJ
ajfa-6244	298	10	e.	e.	PROPN
ajfa-6244	298	11	rhodes	rhodes	PROPN
ajfa-6244	298	12	.	.	PUNCT
ajfa-6244	299	1	(	(	PUNCT
ajfa-6244	299	2	1978	1978	NUM
ajfa-6244	299	3	)	)	PUNCT
ajfa-6244	299	4	.	.	PUNCT
ajfa-6244	300	1	measuring	measure	VERB
ajfa-6244	300	2	the	the	DET
ajfa-6244	300	3	efficiency	efficiency	NOUN
ajfa-6244	300	4	of	of	ADP
ajfa-6244	300	5	decision	decision	NOUN
ajfa-6244	300	6	making	make	VERB
ajfa-6244	300	7	units	unit	NOUN
ajfa-6244	300	8	.	.	PUNCT
ajfa-6244	301	1	european	european	PROPN
ajfa-6244	301	2	journal	journal	PROPN
ajfa-6244	301	3	of	of	ADP
ajfa-6244	301	4	operational	operational	ADJ
ajfa-6244	301	5	research	research	NOUN
ajfa-6244	301	6	,	,	PUNCT
ajfa-6244	301	7	2(4	2(4	NUM
ajfa-6244	301	8	)	)	PUNCT
ajfa-6244	301	9	,	,	PUNCT
ajfa-6244	301	10	429	429	NUM
ajfa-6244	301	11	-	-	SYM
ajfa-6244	301	12	444	444	NUM
ajfa-6244	301	13	.	.	PUNCT
ajfa-6244	302	1	http://dx.doi.org/10.1016/0377-2217(78)90138-8	http://dx.doi.org/10.1016/0377-2217(78)90138-8	PROPN
ajfa-6244	303	1	chen	chen	PROPN
ajfa-6244	303	2	,	,	PUNCT
ajfa-6244	303	3	k.h	k.h	PROPN
ajfa-6244	303	4	.	.	PROPN
ajfa-6244	303	5	,	,	PUNCT
ajfa-6244	303	6	&	&	CCONJ
ajfa-6244	303	7	h.y	h.y	PROPN
ajfa-6244	303	8	.	.	PROPN
ajfa-6244	303	9	yang	yang	PROPN
ajfa-6244	303	10	.	.	PUNCT
ajfa-6244	304	1	(	(	PUNCT
ajfa-6244	304	2	2011	2011	NUM
ajfa-6244	304	3	)	)	PUNCT
ajfa-6244	304	4	.	.	PUNCT
ajfa-6244	305	1	a	a	DET
ajfa-6244	305	2	cross	cross	ADJ
ajfa-6244	305	3	-	-	ADJ
ajfa-6244	305	4	country	country	ADJ
ajfa-6244	305	5	comparison	comparison	NOUN
ajfa-6244	305	6	of	of	ADP
ajfa-6244	305	7	productivity	productivity	NOUN
ajfa-6244	305	8	growth	growth	NOUN
ajfa-6244	305	9	using	use	VERB
ajfa-6244	305	10	the	the	DET
ajfa-6244	305	11	generalised	generalise	VERB
ajfa-6244	305	12	metafrontier	metafrontier	NOUN
ajfa-6244	305	13	malmquist	malmquist	PROPN
ajfa-6244	305	14	productivity	productivity	NOUN
ajfa-6244	305	15	index	index	NOUN
ajfa-6244	305	16	with	with	ADP
ajfa-6244	305	17	application	application	NOUN
ajfa-6244	305	18	to	to	ADP
ajfa-6244	305	19	banking	banking	NOUN
ajfa-6244	305	20	industries	industry	NOUN
ajfa-6244	305	21	in	in	ADP
ajfa-6244	305	22	taiwan	taiwan	PROPN
ajfa-6244	305	23	and	and	CCONJ
ajfa-6244	305	24	china	china	PROPN
ajfa-6244	305	25	.	.	PUNCT
ajfa-6244	306	1	journal	journal	PROPN
ajfa-6244	306	2	of	of	ADP
ajfa-6244	306	3	productivity	productivity	NOUN
ajfa-6244	306	4	analysis	analysis	NOUN
ajfa-6244	306	5	,	,	PUNCT
ajfa-6244	306	6	35	35	NUM
ajfa-6244	306	7	,	,	PUNCT
ajfa-6244	306	8	197	197	NUM
ajfa-6244	306	9	-	-	SYM
ajfa-6244	306	10	212	212	NUM
ajfa-6244	306	11	.	.	PUNCT
ajfa-6244	307	1	http://dx.doi.org/10.1007/s11123-010-0198-7	http://dx.doi.org/10.1007/s11123-010-0198-7	NUM
ajfa-6244	307	2	asian	asian	ADJ
ajfa-6244	307	3	journal	journal	NOUN
ajfa-6244	307	4	of	of	ADP
ajfa-6244	307	5	finance	finance	PROPN
ajfa-6244	307	6	&	&	CCONJ
ajfa-6244	307	7	accounting	accounting	PROPN
ajfa-6244	307	8	issn	issn	PROPN
ajfa-6244	307	9	1946	1946	NUM
ajfa-6244	307	10	-	-	PUNCT
ajfa-6244	307	11	052x	052x	PROPN
ajfa-6244	307	12	2014	2014	NUM
ajfa-6244	307	13	,	,	PUNCT
ajfa-6244	307	14	vol	vol	NOUN
ajfa-6244	307	15	.	.	PROPN
ajfa-6244	307	16	6	6	NUM
ajfa-6244	307	17	,	,	PUNCT
ajfa-6244	307	18	no	no	INTJ
ajfa-6244	307	19	.	.	NOUN
ajfa-6244	307	20	2	2	NUM
ajfa-6244	307	21	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6244	307	22	485	485	NUM
ajfa-6244	307	23	denizer	denizer	NOUN
ajfa-6244	307	24	,	,	PUNCT
ajfa-6244	307	25	c.a	c.a	PROPN
ajfa-6244	307	26	.	.	PROPN
ajfa-6244	307	27	,	,	PUNCT
ajfa-6244	307	28	m.	m.	PROPN
ajfa-6244	307	29	dinc	dinc	PROPN
ajfa-6244	307	30	,	,	PUNCT
ajfa-6244	307	31	&	&	CCONJ
ajfa-6244	307	32	m.	m.	PROPN
ajfa-6244	307	33	tarimcilar	tarimcilar	PROPN
ajfa-6244	307	34	.	.	PUNCT
ajfa-6244	308	1	(	(	PUNCT
ajfa-6244	308	2	2000	2000	NUM
ajfa-6244	308	3	)	)	PUNCT
ajfa-6244	308	4	.	.	PUNCT
ajfa-6244	309	1	measuring	measure	VERB
ajfa-6244	309	2	efficiency	efficiency	NOUN
ajfa-6244	309	3	in	in	ADP
ajfa-6244	309	4	the	the	DET
ajfa-6244	309	5	pre	pre	NOUN
ajfa-6244	309	6	and	and	CCONJ
ajfa-6244	309	7	post	post	VERB
ajfa-6244	309	8	liberalization	liberalization	NOUN
ajfa-6244	309	9	environment	environment	NOUN
ajfa-6244	309	10	:	:	PUNCT
ajfa-6244	309	11	evidence	evidence	NOUN
ajfa-6244	309	12	from	from	ADP
ajfa-6244	309	13	the	the	DET
ajfa-6244	309	14	turkish	turkish	ADJ
ajfa-6244	309	15	banking	banking	NOUN
ajfa-6244	309	16	system	system	NOUN
ajfa-6244	309	17	.	.	PUNCT
ajfa-6244	310	1	world	world	PROPN
ajfa-6244	310	2	bank	bank	PROPN
ajfa-6244	310	3	policy	policy	NOUN
ajfa-6244	310	4	research	research	NOUN
ajfa-6244	310	5	working	working	NOUN
ajfa-6244	310	6	paper	paper	NOUN
ajfa-6244	310	7	.	.	PUNCT
ajfa-6244	311	1	_	_	PUNCT
ajfa-6244	312	1	_	_	PUNCT
ajfa-6244	313	1	_	_	PUNCT
ajfa-6244	314	1	_	_	PUNCT
ajfa-6244	315	1	_	_	PUNCT
ajfa-6244	316	1	_	_	PUNCT
ajfa-6244	317	1	_	_	PUNCT
ajfa-6244	318	1	_	_	PUNCT
ajfa-6244	319	1	_	_	PUNCT
ajfa-6244	320	1	_	_	PUNCT
ajfa-6244	320	2	.	.	PUNCT
ajfa-6244	321	1	(	(	PUNCT
ajfa-6244	321	2	2007	2007	NUM
ajfa-6244	321	3	)	)	PUNCT
ajfa-6244	321	4	.	.	PUNCT
ajfa-6244	322	1	financial	financial	ADJ
ajfa-6244	322	2	liberalization	liberalization	NOUN
ajfa-6244	322	3	and	and	CCONJ
ajfa-6244	322	4	banking	banking	NOUN
ajfa-6244	322	5	efficiency	efficiency	NOUN
ajfa-6244	322	6	:	:	PUNCT
ajfa-6244	322	7	evidence	evidence	NOUN
ajfa-6244	322	8	from	from	ADP
ajfa-6244	322	9	turkey	turkey	PROPN
ajfa-6244	322	10	.	.	PUNCT
ajfa-6244	323	1	journal	journal	PROPN
ajfa-6244	323	2	of	of	ADP
ajfa-6244	323	3	productivity	productivity	NOUN
ajfa-6244	323	4	analysis	analysis	NOUN
ajfa-6244	323	5	,	,	PUNCT
ajfa-6244	323	6	27(3	27(3	NUM
ajfa-6244	323	7	)	)	PUNCT
ajfa-6244	323	8	,	,	PUNCT
ajfa-6244	323	9	177	177	NUM
ajfa-6244	323	10	-	-	SYM
ajfa-6244	323	11	195	195	NUM
ajfa-6244	323	12	.	.	PUNCT
ajfa-6244	324	1	http://dx.doi.org/10.1007/s11123-007-0035-9	http://dx.doi.org/10.1007/s11123-007-0035-9	X
ajfa-6244	324	2	elyasiani	elyasiani	PROPN
ajfa-6244	324	3	,	,	PUNCT
ajfa-6244	324	4	e.	e.	PROPN
ajfa-6244	324	5	and	and	CCONJ
ajfa-6244	324	6	s.	s.	PROPN
ajfa-6244	324	7	mehdian	mehdian	PROPN
ajfa-6244	324	8	.	.	PUNCT
ajfa-6244	324	9	(	(	PUNCT
ajfa-6244	324	10	1990a	1990a	NUM
ajfa-6244	324	11	)	)	PUNCT
ajfa-6244	324	12	.	.	PUNCT
ajfa-6244	325	1	efficiency	efficiency	NOUN
ajfa-6244	325	2	in	in	ADP
ajfa-6244	325	3	the	the	DET
ajfa-6244	325	4	commercial	commercial	ADJ
ajfa-6244	325	5	banking	banking	NOUN
ajfa-6244	325	6	industry	industry	NOUN
ajfa-6244	325	7	:	:	PUNCT
ajfa-6244	325	8	a	a	DET
ajfa-6244	325	9	production	production	NOUN
ajfa-6244	325	10	frontier	frontier	NOUN
ajfa-6244	325	11	approach	approach	NOUN
ajfa-6244	325	12	.	.	PUNCT
ajfa-6244	326	1	applied	apply	VERB
ajfa-6244	326	2	economics	economic	NOUN
ajfa-6244	326	3	,	,	PUNCT
ajfa-6244	326	4	22(4	22(4	NUM
ajfa-6244	326	5	)	)	PUNCT
ajfa-6244	326	6	,	,	PUNCT
ajfa-6244	326	7	539	539	NUM
ajfa-6244	326	8	-	-	SYM
ajfa-6244	326	9	551	551	NUM
ajfa-6244	326	10	.	.	PUNCT
ajfa-6244	327	1	http://dx.doi.org/10.1080/00036849000000010	http://dx.doi.org/10.1080/00036849000000010	NOUN
ajfa-6244	327	2	_	_	PUNCT
ajfa-6244	328	1	_	_	PUNCT
ajfa-6244	329	1	_	_	PUNCT
ajfa-6244	330	1	_	_	PUNCT
ajfa-6244	331	1	_	_	PUNCT
ajfa-6244	332	1	_	_	PUNCT
ajfa-6244	333	1	_	_	PUNCT
ajfa-6244	334	1	_	_	PUNCT
ajfa-6244	335	1	_	_	PUNCT
ajfa-6244	336	1	_	_	PUNCT
ajfa-6244	336	2	.	.	PUNCT
ajfa-6244	337	1	(	(	PUNCT
ajfa-6244	337	2	1990b	1990b	NUM
ajfa-6244	337	3	)	)	PUNCT
ajfa-6244	337	4	.	.	PUNCT
ajfa-6244	338	1	a	a	DET
ajfa-6244	338	2	nonparametric	nonparametric	ADJ
ajfa-6244	338	3	approach	approach	NOUN
ajfa-6244	338	4	to	to	ADP
ajfa-6244	338	5	measurement	measurement	NOUN
ajfa-6244	338	6	of	of	ADP
ajfa-6244	338	7	efficiency	efficiency	NOUN
ajfa-6244	338	8	and	and	CCONJ
ajfa-6244	338	9	technological	technological	ADJ
ajfa-6244	338	10	change	change	NOUN
ajfa-6244	338	11	:	:	PUNCT
ajfa-6244	338	12	the	the	DET
ajfa-6244	338	13	case	case	NOUN
ajfa-6244	338	14	of	of	ADP
ajfa-6244	338	15	large	large	ADJ
ajfa-6244	338	16	u.s	u.s	PROPN
ajfa-6244	338	17	.	.	PROPN
ajfa-6244	338	18	commercial	commercial	ADJ
ajfa-6244	338	19	banks	bank	NOUN
ajfa-6244	338	20	.	.	PUNCT
ajfa-6244	339	1	journal	journal	PROPN
ajfa-6244	339	2	of	of	ADP
ajfa-6244	339	3	financial	financial	ADJ
ajfa-6244	339	4	services	service	NOUN
ajfa-6244	339	5	research	research	NOUN
ajfa-6244	339	6	,	,	PUNCT
ajfa-6244	339	7	4(2	4(2	NUM
ajfa-6244	339	8	)	)	PUNCT
ajfa-6244	339	9	,	,	PUNCT
ajfa-6244	339	10	154	154	NUM
ajfa-6244	339	11	-	-	SYM
ajfa-6244	339	12	168	168	NUM
ajfa-6244	339	13	.	.	PUNCT
ajfa-6244	340	1	ferrier	ferrier	NOUN
ajfa-6244	340	2	,	,	PUNCT
ajfa-6244	340	3	g.	g.	PROPN
ajfa-6244	340	4	,	,	PUNCT
ajfa-6244	340	5	c.	c.	PROPN
ajfa-6244	340	6	lovell	lovell	PROPN
ajfa-6244	340	7	,	,	PUNCT
ajfa-6244	340	8	&	&	CCONJ
ajfa-6244	340	9	a.k	a.k	PROPN
ajfa-6244	340	10	.	.	PROPN
ajfa-6244	340	11	mehdian	mehdian	PROPN
ajfa-6244	340	12	.	.	PUNCT
ajfa-6244	341	1	(	(	PUNCT
ajfa-6244	341	2	1990	1990	NUM
ajfa-6244	341	3	)	)	PUNCT
ajfa-6244	341	4	.	.	PUNCT
ajfa-6244	342	1	measuring	measure	VERB
ajfa-6244	342	2	cost	cost	NOUN
ajfa-6244	342	3	efficiency	efficiency	NOUN
ajfa-6244	342	4	in	in	ADP
ajfa-6244	342	5	banking	banking	NOUN
ajfa-6244	342	6	:	:	PUNCT
ajfa-6244	342	7	econometric	econometric	ADJ
ajfa-6244	342	8	and	and	CCONJ
ajfa-6244	342	9	linear	linear	ADJ
ajfa-6244	342	10	programming	programming	NOUN
ajfa-6244	342	11	evidence	evidence	NOUN
ajfa-6244	342	12	.	.	PUNCT
ajfa-6244	343	1	journal	journal	NOUN
ajfa-6244	343	2	of	of	ADP
ajfa-6244	343	3	econometrics	econometric	NOUN
ajfa-6244	343	4	,	,	PUNCT
ajfa-6244	343	5	46(1	46(1	NUM
ajfa-6244	343	6	-	-	SYM
ajfa-6244	343	7	2	2	NUM
ajfa-6244	343	8	)	)	PUNCT
ajfa-6244	343	9	,	,	PUNCT
ajfa-6244	343	10	229–245	229–245	NUM
ajfa-6244	343	11	.	.	PUNCT
ajfa-6244	344	1	http://dx.doi.org/10.1016/0304-4076(90)90057-z	http://dx.doi.org/10.1016/0304-4076(90)90057-z	PRON
ajfa-6244	344	2	hicks	hicks	PROPN
ajfa-6244	344	3	,	,	PUNCT
ajfa-6244	344	4	j.	j.	PROPN
ajfa-6244	344	5	(	(	PUNCT
ajfa-6244	344	6	1935	1935	NUM
ajfa-6244	344	7	)	)	PUNCT
ajfa-6244	344	8	.	.	PUNCT
ajfa-6244	345	1	annual	annual	ADJ
ajfa-6244	345	2	survey	survey	NOUN
ajfa-6244	345	3	of	of	ADP
ajfa-6244	345	4	economic	economic	ADJ
ajfa-6244	345	5	theory	theory	NOUN
ajfa-6244	345	6	:	:	PUNCT
ajfa-6244	345	7	the	the	DET
ajfa-6244	345	8	theory	theory	NOUN
ajfa-6244	345	9	of	of	ADP
ajfa-6244	345	10	monopoly	monopoly	NOUN
ajfa-6244	345	11	.	.	PUNCT
ajfa-6244	346	1	econometrica	econometrica	PROPN
ajfa-6244	346	2	,	,	PUNCT
ajfa-6244	346	3	3(1	3(1	NUM
ajfa-6244	346	4	)	)	PUNCT
ajfa-6244	346	5	,	,	PUNCT
ajfa-6244	346	6	1	1	NUM
ajfa-6244	346	7	-	-	SYM
ajfa-6244	346	8	20	20	NUM
ajfa-6244	346	9	.	.	PUNCT
ajfa-6244	347	1	http://dx.doi.org/10.2307/1907343	http://dx.doi.org/10.2307/1907343	PROPN
ajfa-6244	347	2	keeton	keeton	PROPN
ajfa-6244	347	3	,	,	PUNCT
ajfa-6244	347	4	w.	w.	PROPN
ajfa-6244	347	5	(	(	PUNCT
ajfa-6244	347	6	1999	1999	NUM
ajfa-6244	347	7	)	)	PUNCT
ajfa-6244	347	8	.	.	PUNCT
ajfa-6244	348	1	does	do	AUX
ajfa-6244	348	2	faster	fast	ADJ
ajfa-6244	348	3	loan	loan	NOUN
ajfa-6244	348	4	growth	growth	NOUN
ajfa-6244	348	5	lead	lead	VERB
ajfa-6244	348	6	to	to	ADP
ajfa-6244	348	7	higher	high	ADJ
ajfa-6244	348	8	loan	loan	NOUN
ajfa-6244	348	9	losses	loss	NOUN
ajfa-6244	348	10	?	?	PUNCT
ajfa-6244	349	1	economic	economic	ADJ
ajfa-6244	349	2	review	review	NOUN
ajfa-6244	349	3	,	,	PUNCT
ajfa-6244	349	4	federal	federal	PROPN
ajfa-6244	349	5	reserve	reserve	PROPN
ajfa-6244	349	6	bank	bank	PROPN
ajfa-6244	349	7	of	of	ADP
ajfa-6244	349	8	kansas	kansas	PROPN
ajfa-6244	349	9	city	city	PROPN
ajfa-6244	349	10	,	,	PUNCT
ajfa-6244	349	11	second	second	ADJ
ajfa-6244	349	12	quarter	quarter	NOUN
ajfa-6244	349	13	,	,	PUNCT
ajfa-6244	349	14	57	57	NUM
ajfa-6244	349	15	-	-	SYM
ajfa-6244	349	16	75	75	NUM
ajfa-6244	349	17	.	.	PUNCT
ajfa-6244	350	1	lim	lim	PROPN
ajfa-6244	350	2	,	,	PUNCT
ajfa-6244	350	3	g.h	g.h	PROPN
ajfa-6244	350	4	.	.	PROPN
ajfa-6244	350	5	,	,	PUNCT
ajfa-6244	350	6	&	&	CCONJ
ajfa-6244	350	7	d.s	d.s	PROPN
ajfa-6244	350	8	.	.	PROPN
ajfa-6244	350	9	randhawa	randhawa	PROPN
ajfa-6244	350	10	.	.	PUNCT
ajfa-6244	351	1	(	(	PUNCT
ajfa-6244	351	2	2005	2005	NUM
ajfa-6244	351	3	)	)	PUNCT
ajfa-6244	351	4	.	.	PUNCT
ajfa-6244	352	1	competition	competition	NOUN
ajfa-6244	352	2	,	,	PUNCT
ajfa-6244	352	3	liberalization	liberalization	NOUN
ajfa-6244	352	4	and	and	CCONJ
ajfa-6244	352	5	efficiency	efficiency	NOUN
ajfa-6244	352	6	:	:	PUNCT
ajfa-6244	352	7	evidence	evidence	NOUN
ajfa-6244	352	8	from	from	ADP
ajfa-6244	352	9	a	a	DET
ajfa-6244	352	10	two	two	NUM
ajfa-6244	352	11	-	-	PUNCT
ajfa-6244	352	12	stage	stage	NOUN
ajfa-6244	352	13	banking	banking	NOUN
ajfa-6244	352	14	model	model	NOUN
ajfa-6244	352	15	on	on	ADP
ajfa-6244	352	16	banks	bank	NOUN
ajfa-6244	352	17	in	in	ADP
ajfa-6244	352	18	hong	hong	PROPN
ajfa-6244	352	19	kong	kong	PROPN
ajfa-6244	352	20	and	and	CCONJ
ajfa-6244	352	21	singapore	singapore	PROPN
ajfa-6244	352	22	.	.	PUNCT
ajfa-6244	353	1	managerial	managerial	ADJ
ajfa-6244	353	2	finance	finance	NOUN
ajfa-6244	353	3	,	,	PUNCT
ajfa-6244	353	4	31(1	31(1	NUM
ajfa-6244	353	5	)	)	PUNCT
ajfa-6244	353	6	,	,	PUNCT
ajfa-6244	353	7	52	52	NUM
ajfa-6244	353	8	-	-	SYM
ajfa-6244	353	9	77	77	NUM
ajfa-6244	353	10	.	.	PUNCT
ajfa-6244	354	1	http://dx.doi.org/10.1108/03074350510769479	http://dx.doi.org/10.1108/03074350510769479	PROPN
ajfa-6244	354	2	lindgren	lindgren	PROPN
ajfa-6244	354	3	,	,	PUNCT
ajfa-6244	354	4	c.j	c.j	PROPN
ajfa-6244	354	5	.	.	PROPN
ajfa-6244	355	1	,	,	PUNCT
ajfa-6244	355	2	t.j.t	t.j.t	PROPN
ajfa-6244	355	3	.	.	PROPN
ajfa-6244	355	4	balino	balino	PROPN
ajfa-6244	355	5	,	,	PUNCT
ajfa-6244	355	6	c.	c.	PROPN
ajfa-6244	355	7	enoch	enoch	PROPN
ajfa-6244	355	8	,	,	PUNCT
ajfa-6244	355	9	a.m.	a.m.	PROPN
ajfa-6244	355	10	gulde	gulde	PROPN
ajfa-6244	355	11	,	,	PUNCT
ajfa-6244	355	12	m.	m.	NOUN
ajfa-6244	355	13	quintyn	quintyn	PROPN
ajfa-6244	355	14	,	,	PUNCT
ajfa-6244	355	15	&	&	CCONJ
ajfa-6244	355	16	l.	l.	PROPN
ajfa-6244	355	17	teo	teo	PROPN
ajfa-6244	355	18	.	.	PUNCT
ajfa-6244	356	1	(	(	PUNCT
ajfa-6244	356	2	2000	2000	NUM
ajfa-6244	356	3	)	)	PUNCT
ajfa-6244	356	4	.	.	PUNCT
ajfa-6244	357	1	financial	financial	ADJ
ajfa-6244	357	2	sector	sector	NOUN
ajfa-6244	357	3	crisis	crisis	NOUN
ajfa-6244	357	4	and	and	CCONJ
ajfa-6244	357	5	restructuring	restructuring	NOUN
ajfa-6244	357	6	:	:	PUNCT
ajfa-6244	357	7	lessons	lesson	NOUN
ajfa-6244	357	8	from	from	ADP
ajfa-6244	357	9	asia	asia	PROPN
ajfa-6244	357	10	’	'	PUNCT
ajfa-6244	357	11	,	,	PUNCT
ajfa-6244	357	12	imf	imf	PROPN
ajfa-6244	357	13	occasional	occasional	ADJ
ajfa-6244	357	14	paper	paper	NOUN
ajfa-6244	357	15	no	no	NOUN
ajfa-6244	357	16	.	.	PROPN
ajfa-6244	358	1	188	188	NUM
ajfa-6244	358	2	.	.	PUNCT
ajfa-6244	358	3	maudos	maudo	NOUN
ajfa-6244	358	4	,	,	PUNCT
ajfa-6244	358	5	j.	j.	PROPN
ajfa-6244	358	6	,	,	PUNCT
ajfa-6244	358	7	&	&	CCONJ
ajfa-6244	358	8	j.m	j.m	PROPN
ajfa-6244	358	9	.	.	PROPN
ajfa-6244	358	10	pastor	pastor	PROPN
ajfa-6244	358	11	.	.	PUNCT
ajfa-6244	359	1	(	(	PUNCT
ajfa-6244	359	2	2003	2003	NUM
ajfa-6244	359	3	)	)	PUNCT
ajfa-6244	359	4	.	.	PUNCT
ajfa-6244	360	1	cost	cost	NOUN
ajfa-6244	360	2	and	and	CCONJ
ajfa-6244	360	3	profit	profit	NOUN
ajfa-6244	360	4	efficiency	efficiency	NOUN
ajfa-6244	360	5	in	in	ADP
ajfa-6244	360	6	the	the	DET
ajfa-6244	360	7	spanish	spanish	ADJ
ajfa-6244	360	8	banking	banking	NOUN
ajfa-6244	360	9	sector	sector	NOUN
ajfa-6244	360	10	(	(	PUNCT
ajfa-6244	360	11	1985–1996	1985–1996	NUM
ajfa-6244	360	12	):	):	PUNCT
ajfa-6244	360	13	a	a	DET
ajfa-6244	360	14	nonparametric	nonparametric	NOUN
ajfa-6244	360	15	approach	approach	NOUN
ajfa-6244	360	16	.	.	PUNCT
ajfa-6244	361	1	applied	apply	VERB
ajfa-6244	361	2	financial	financial	ADJ
ajfa-6244	361	3	economics	economic	NOUN
ajfa-6244	361	4	,	,	PUNCT
ajfa-6244	361	5	13(1	13(1	NUM
ajfa-6244	361	6	)	)	PUNCT
ajfa-6244	361	7	,	,	PUNCT
ajfa-6244	361	8	1–12	1–12	NOUN
ajfa-6244	361	9	.	.	PUNCT
ajfa-6244	362	1	http://dx.doi.org/10.1080/09603100110086087	http://dx.doi.org/10.1080/09603100110086087	PROPN
ajfa-6244	362	2	mester	mester	PROPN
ajfa-6244	362	3	,	,	PUNCT
ajfa-6244	362	4	l.j	l.j	PROPN
ajfa-6244	362	5	.	.	PROPN
ajfa-6244	362	6	(	(	PUNCT
ajfa-6244	362	7	1987	1987	NUM
ajfa-6244	362	8	)	)	PUNCT
ajfa-6244	362	9	.	.	PUNCT
ajfa-6244	363	1	efficient	efficient	ADJ
ajfa-6244	363	2	production	production	NOUN
ajfa-6244	363	3	of	of	ADP
ajfa-6244	363	4	financial	financial	ADJ
ajfa-6244	363	5	services	service	NOUN
ajfa-6244	363	6	:	:	PUNCT
ajfa-6244	363	7	scale	scale	NOUN
ajfa-6244	363	8	and	and	CCONJ
ajfa-6244	363	9	scope	scope	NOUN
ajfa-6244	363	10	economies	economy	NOUN
ajfa-6244	363	11	.	.	PUNCT
ajfa-6244	364	1	business	business	NOUN
ajfa-6244	364	2	review	review	PROPN
ajfa-6244	364	3	,	,	PUNCT
ajfa-6244	364	4	federal	federal	PROPN
ajfa-6244	364	5	reserve	reserve	PROPN
ajfa-6244	364	6	bank	bank	PROPN
ajfa-6244	364	7	of	of	ADP
ajfa-6244	364	8	philadelphia	philadelphia	PROPN
ajfa-6244	364	9	january	january	PROPN
ajfa-6244	364	10	/	/	SYM
ajfa-6244	364	11	february	february	PROPN
ajfa-6244	364	12	,	,	PUNCT
ajfa-6244	364	13	15–25	15–25	NUM
ajfa-6244	364	14	.	.	PUNCT
ajfa-6244	365	1	neupane	neupane	PROPN
ajfa-6244	365	2	,	,	PUNCT
ajfa-6244	365	3	b.	b.	PROPN
ajfa-6244	365	4	(	(	PUNCT
ajfa-6244	365	5	2013	2013	NUM
ajfa-6244	365	6	)	)	PUNCT
ajfa-6244	365	7	.	.	PUNCT
ajfa-6244	366	1	efficiency	efficiency	NOUN
ajfa-6244	366	2	and	and	CCONJ
ajfa-6244	366	3	productivity	productivity	NOUN
ajfa-6244	366	4	of	of	ADP
ajfa-6244	366	5	commercial	commercial	ADJ
ajfa-6244	366	6	banks	bank	NOUN
ajfa-6244	366	7	in	in	ADP
ajfa-6244	366	8	nepal	nepal	ADJ
ajfa-6244	366	9	:	:	PUNCT
ajfa-6244	366	10	a	a	DET
ajfa-6244	366	11	malmquist	malmquist	NOUN
ajfa-6244	366	12	index	index	NOUN
ajfa-6244	366	13	approach	approach	NOUN
ajfa-6244	366	14	.	.	PUNCT
ajfa-6244	367	1	asian	asian	ADJ
ajfa-6244	367	2	journal	journal	PROPN
ajfa-6244	367	3	of	of	ADP
ajfa-6244	367	4	finance	finance	PROPN
ajfa-6244	367	5	&	&	CCONJ
ajfa-6244	367	6	accounting	accounting	PROPN
ajfa-6244	367	7	,	,	PUNCT
ajfa-6244	367	8	5(2	5(2	NUM
ajfa-6244	367	9	)	)	PUNCT
ajfa-6244	367	10	,	,	PUNCT
ajfa-6244	367	11	220	220	NUM
ajfa-6244	367	12	-	-	SYM
ajfa-6244	367	13	243	243	NUM
ajfa-6244	367	14	.	.	PUNCT
ajfa-6244	368	1	http://dx.doi.org/10.5296/ajfa.v5i2.4326	http://dx.doi.org/10.5296/ajfa.v5i2.4326	PROPN
ajfa-6244	369	1	ngo	ngo	PROPN
ajfa-6244	369	2	,	,	PUNCT
ajfa-6244	369	3	d.t	d.t	PROPN
ajfa-6244	369	4	.	.	PUNCT
ajfa-6244	369	5	(	(	PUNCT
ajfa-6244	369	6	2012	2012	NUM
ajfa-6244	369	7	)	)	PUNCT
ajfa-6244	369	8	.	.	PUNCT
ajfa-6244	370	1	measuring	measure	VERB
ajfa-6244	370	2	the	the	DET
ajfa-6244	370	3	performance	performance	NOUN
ajfa-6244	370	4	of	of	ADP
ajfa-6244	370	5	the	the	DET
ajfa-6244	370	6	banking	banking	NOUN
ajfa-6244	370	7	system	system	NOUN
ajfa-6244	370	8	:	:	PUNCT
ajfa-6244	370	9	case	case	NOUN
ajfa-6244	370	10	of	of	ADP
ajfa-6244	370	11	vietnam	vietnam	PROPN
ajfa-6244	370	12	(	(	PUNCT
ajfa-6244	370	13	1990	1990	NUM
ajfa-6244	370	14	-	-	SYM
ajfa-6244	370	15	2010	2010	NUM
ajfa-6244	370	16	)	)	PUNCT
ajfa-6244	370	17	.	.	PUNCT
ajfa-6244	371	1	journal	journal	PROPN
ajfa-6244	371	2	of	of	ADP
ajfa-6244	371	3	applied	apply	VERB
ajfa-6244	371	4	finance	finance	NOUN
ajfa-6244	371	5	and	and	CCONJ
ajfa-6244	371	6	banking	banking	NOUN
ajfa-6244	371	7	,	,	PUNCT
ajfa-6244	371	8	2(2	2(2	NUM
ajfa-6244	371	9	)	)	PUNCT
ajfa-6244	371	10	,	,	PUNCT
ajfa-6244	371	11	289	289	NUM
ajfa-6244	371	12	-	-	SYM
ajfa-6244	371	13	312	312	NUM
ajfa-6244	371	14	.	.	PUNCT
ajfa-6244	371	15	paradi	paradi	PROPN
ajfa-6244	371	16	,	,	PUNCT
ajfa-6244	371	17	j.	j.	PROPN
ajfa-6244	371	18	c.	c.	PROPN
ajfa-6244	371	19	,	,	PUNCT
ajfa-6244	371	20	s.	s.	PROPN
ajfa-6244	371	21	rouatt	rouatt	PROPN
ajfa-6244	371	22	and	and	CCONJ
ajfa-6244	371	23	h.	h.	PROPN
ajfa-6244	371	24	zhu	zhu	PROPN
ajfa-6244	371	25	.	.	PUNCT
ajfa-6244	372	1	(	(	PUNCT
ajfa-6244	372	2	2011	2011	NUM
ajfa-6244	372	3	)	)	PUNCT
ajfa-6244	372	4	.	.	PUNCT
ajfa-6244	373	1	two	two	NUM
ajfa-6244	373	2	-	-	PUNCT
ajfa-6244	373	3	stage	stage	NOUN
ajfa-6244	373	4	evalution	evalution	NOUN
ajfa-6244	373	5	of	of	ADP
ajfa-6244	373	6	bank	bank	NOUN
ajfa-6244	373	7	branch	branch	NOUN
ajfa-6244	373	8	efficiency	efficiency	NOUN
ajfa-6244	373	9	using	use	VERB
ajfa-6244	373	10	data	datum	NOUN
ajfa-6244	373	11	envelopment	envelopment	ADJ
ajfa-6244	373	12	analysis	analysis	NOUN
ajfa-6244	373	13	.	.	PUNCT
ajfa-6244	374	1	omega	omega	NOUN
ajfa-6244	374	2	,	,	PUNCT
ajfa-6244	374	3	39	39	NUM
ajfa-6244	374	4	,	,	PUNCT
ajfa-6244	374	5	99	99	NUM
ajfa-6244	374	6	-	-	SYM
ajfa-6244	374	7	109	109	NUM
ajfa-6244	374	8	.	.	PUNCT
ajfa-6244	375	1	http://dx.doi.org/10.1016/j.omega.2010.04.002	http://dx.doi.org/10.1016/j.omega.2010.04.002	PROPN
ajfa-6244	375	2	asian	asian	ADJ
ajfa-6244	375	3	journal	journal	NOUN
ajfa-6244	375	4	of	of	ADP
ajfa-6244	375	5	finance	finance	PROPN
ajfa-6244	375	6	&	&	CCONJ
ajfa-6244	375	7	accounting	accounting	PROPN
ajfa-6244	375	8	issn	issn	PROPN
ajfa-6244	375	9	1946	1946	NUM
ajfa-6244	375	10	-	-	PUNCT
ajfa-6244	375	11	052x	052x	PROPN
ajfa-6244	375	12	2014	2014	NUM
ajfa-6244	375	13	,	,	PUNCT
ajfa-6244	375	14	vol	vol	NOUN
ajfa-6244	375	15	.	.	PROPN
ajfa-6244	376	1	6	6	NUM
ajfa-6244	376	2	,	,	PUNCT
ajfa-6244	376	3	no	no	INTJ
ajfa-6244	376	4	.	.	NOUN
ajfa-6244	376	5	2	2	NUM
ajfa-6244	376	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6244	376	7	486	486	NUM
ajfa-6244	376	8	pasiouras	pasioura	NOUN
ajfa-6244	376	9	,	,	PUNCT
ajfa-6244	376	10	f.	f.	PROPN
ajfa-6244	376	11	(	(	PUNCT
ajfa-6244	376	12	2008	2008	NUM
ajfa-6244	376	13	)	)	PUNCT
ajfa-6244	376	14	.	.	PUNCT
ajfa-6244	377	1	international	international	ADJ
ajfa-6244	377	2	evidence	evidence	NOUN
ajfa-6244	377	3	on	on	ADP
ajfa-6244	377	4	the	the	DET
ajfa-6244	377	5	impact	impact	NOUN
ajfa-6244	377	6	of	of	ADP
ajfa-6244	377	7	regulations	regulation	NOUN
ajfa-6244	377	8	and	and	CCONJ
ajfa-6244	377	9	supervision	supervision	NOUN
ajfa-6244	377	10	on	on	ADP
ajfa-6244	377	11	banks	bank	NOUN
ajfa-6244	377	12	’	’	PART
ajfa-6244	377	13	technical	technical	ADJ
ajfa-6244	377	14	efficiency	efficiency	NOUN
ajfa-6244	377	15	:	:	PUNCT
ajfa-6244	377	16	an	an	DET
ajfa-6244	377	17	application	application	NOUN
ajfa-6244	377	18	of	of	ADP
ajfa-6244	377	19	two	two	NUM
ajfa-6244	377	20	-	-	PUNCT
ajfa-6244	377	21	stage	stage	NOUN
ajfa-6244	377	22	data	datum	NOUN
ajfa-6244	377	23	envelopment	envelopment	ADJ
ajfa-6244	377	24	analysis	analysis	NOUN
ajfa-6244	377	25	.	.	PUNCT
ajfa-6244	378	1	review	review	NOUN
ajfa-6244	378	2	of	of	ADP
ajfa-6244	378	3	quantitative	quantitative	ADJ
ajfa-6244	378	4	finance	finance	NOUN
ajfa-6244	378	5	and	and	CCONJ
ajfa-6244	378	6	accounting	accounting	NOUN
ajfa-6244	378	7	,	,	PUNCT
ajfa-6244	378	8	30(2	30(2	NUM
ajfa-6244	378	9	)	)	PUNCT
ajfa-6244	378	10	,	,	PUNCT
ajfa-6244	378	11	187–223	187–223	NUM
ajfa-6244	378	12	.	.	PUNCT
ajfa-6244	379	1	http://dx.doi.org/10.1007/s11156-007-0046-7	http://dx.doi.org/10.1007/s11156-007-0046-7	PROPN
ajfa-6244	379	2	sathye	sathye	PROPN
ajfa-6244	379	3	,	,	PUNCT
ajfa-6244	379	4	m.	m.	NOUN
ajfa-6244	379	5	(	(	PUNCT
ajfa-6244	379	6	2001	2001	NUM
ajfa-6244	379	7	)	)	PUNCT
ajfa-6244	379	8	.	.	PUNCT
ajfa-6244	380	1	x	x	X
ajfa-6244	380	2	-	-	PUNCT
ajfa-6244	380	3	efficiency	efficiency	NOUN
ajfa-6244	380	4	in	in	ADP
ajfa-6244	380	5	australian	australian	ADJ
ajfa-6244	380	6	banking	banking	NOUN
ajfa-6244	380	7	:	:	PUNCT
ajfa-6244	380	8	an	an	DET
ajfa-6244	380	9	empirical	empirical	ADJ
ajfa-6244	380	10	investigation	investigation	NOUN
ajfa-6244	380	11	.	.	PUNCT
ajfa-6244	381	1	journal	journal	NOUN
ajfa-6244	381	2	of	of	ADP
ajfa-6244	381	3	banking	banking	NOUN
ajfa-6244	381	4	and	and	CCONJ
ajfa-6244	381	5	finance	finance	NOUN
ajfa-6244	381	6	,	,	PUNCT
ajfa-6244	381	7	25(3	25(3	NUM
ajfa-6244	381	8	)	)	PUNCT
ajfa-6244	381	9	,	,	PUNCT
ajfa-6244	381	10	613	613	NUM
ajfa-6244	381	11	-	-	SYM
ajfa-6244	381	12	630	630	NUM
ajfa-6244	381	13	.	.	PUNCT
ajfa-6244	382	1	http://dx.doi.org/10.1016/s0378-4266(00)00156-4	http://dx.doi.org/10.1016/s0378-4266(00)00156-4	PROPN
ajfa-6244	382	2	sexton	sexton	PROPN
ajfa-6244	382	3	,	,	PUNCT
ajfa-6244	382	4	t.r	t.r	PROPN
ajfa-6244	382	5	.	.	PROPN
ajfa-6244	382	6	,	,	PUNCT
ajfa-6244	382	7	&	&	CCONJ
ajfa-6244	382	8	h.f	h.f	PROPN
ajfa-6244	382	9	.	.	PROPN
ajfa-6244	382	10	lewis	lewis	PROPN
ajfa-6244	382	11	.	.	PUNCT
ajfa-6244	383	1	(	(	PUNCT
ajfa-6244	383	2	2003	2003	NUM
ajfa-6244	383	3	)	)	PUNCT
ajfa-6244	383	4	.	.	PUNCT
ajfa-6244	384	1	two	two	NUM
ajfa-6244	384	2	-	-	PUNCT
ajfa-6244	384	3	stage	stage	NOUN
ajfa-6244	384	4	dea	dea	NOUN
ajfa-6244	384	5	:	:	PUNCT
ajfa-6244	384	6	an	an	DET
ajfa-6244	384	7	application	application	NOUN
ajfa-6244	384	8	to	to	ADP
ajfa-6244	384	9	major	major	ADJ
ajfa-6244	384	10	league	league	NOUN
ajfa-6244	384	11	baseball	baseball	NOUN
ajfa-6244	384	12	.	.	PUNCT
ajfa-6244	385	1	journal	journal	PROPN
ajfa-6244	385	2	of	of	ADP
ajfa-6244	385	3	productivity	productivity	NOUN
ajfa-6244	385	4	analysis	analysis	NOUN
ajfa-6244	385	5	,	,	PUNCT
ajfa-6244	385	6	19(2	19(2	NUM
ajfa-6244	385	7	)	)	PUNCT
ajfa-6244	385	8	,	,	PUNCT
ajfa-6244	385	9	227	227	NUM
ajfa-6244	385	10	-	-	SYM
ajfa-6244	385	11	249	249	NUM
ajfa-6244	385	12	.	.	PUNCT
ajfa-6244	386	1	http://dx.doi.org/10.1023/a:1022861618317	http://dx.doi.org/10.1023/a:1022861618317	PROPN
ajfa-6244	386	2	shaffnit	shaffnit	VERB
ajfa-6244	386	3	,	,	PUNCT
ajfa-6244	386	4	c.	c.	PROPN
ajfa-6244	386	5	,	,	PUNCT
ajfa-6244	386	6	d.	d.	PROPN
ajfa-6244	386	7	rosen	rosen	PROPN
ajfa-6244	386	8	,	,	PUNCT
ajfa-6244	386	9	&	&	CCONJ
ajfa-6244	386	10	j.c	j.c	PROPN
ajfa-6244	386	11	.	.	PROPN
ajfa-6244	386	12	paradi	paradi	PROPN
ajfa-6244	386	13	.	.	PUNCT
ajfa-6244	387	1	(	(	PUNCT
ajfa-6244	387	2	1997	1997	NUM
ajfa-6244	387	3	)	)	PUNCT
ajfa-6244	387	4	.	.	PUNCT
ajfa-6244	388	1	best	good	ADJ
ajfa-6244	388	2	practice	practice	VERB
ajfa-6244	388	3	analysis	analysis	NOUN
ajfa-6244	388	4	of	of	ADP
ajfa-6244	388	5	bank	bank	NOUN
ajfa-6244	388	6	branches	branch	NOUN
ajfa-6244	388	7	:	:	PUNCT
ajfa-6244	388	8	an	an	DET
ajfa-6244	388	9	application	application	NOUN
ajfa-6244	388	10	of	of	ADP
ajfa-6244	388	11	dea	dea	NOUN
ajfa-6244	388	12	in	in	ADP
ajfa-6244	388	13	a	a	DET
ajfa-6244	388	14	large	large	ADJ
ajfa-6244	388	15	canadian	canadian	ADJ
ajfa-6244	388	16	bank	bank	NOUN
ajfa-6244	388	17	.	.	PUNCT
ajfa-6244	389	1	european	european	PROPN
ajfa-6244	389	2	journal	journal	PROPN
ajfa-6244	389	3	of	of	ADP
ajfa-6244	389	4	operational	operational	ADJ
ajfa-6244	389	5	research	research	NOUN
ajfa-6244	389	6	,	,	PUNCT
ajfa-6244	389	7	98(2	98(2	NUM
ajfa-6244	389	8	)	)	PUNCT
ajfa-6244	389	9	,	,	PUNCT
ajfa-6244	389	10	269–289	269–289	NUM
ajfa-6244	389	11	.	.	PUNCT
ajfa-6244	390	1	http://dx.doi.org/10.1016/s0377-2217(96)00347-5	http://dx.doi.org/10.1016/s0377-2217(96)00347-5	NOUN
ajfa-6244	390	2	sharma	sharma	PROPN
ajfa-6244	390	3	,	,	PUNCT
ajfa-6244	390	4	s.k	s.k	PROPN
ajfa-6244	390	5	..	..	PUNCT
ajfa-6244	390	6	,	,	PUNCT
ajfa-6244	390	7	&	&	CCONJ
ajfa-6244	390	8	r.	r.	PROPN
ajfa-6244	390	9	dalip	dalip	PROPN
ajfa-6244	390	10	.	.	PUNCT
ajfa-6244	391	1	(	(	PUNCT
ajfa-6244	391	2	2014	2014	NUM
ajfa-6244	391	3	)	)	PUNCT
ajfa-6244	391	4	.	.	PUNCT
ajfa-6244	392	1	efficiency	efficiency	NOUN
ajfa-6244	392	2	and	and	CCONJ
ajfa-6244	392	3	productivity	productivity	NOUN
ajfa-6244	392	4	analysis	analysis	NOUN
ajfa-6244	392	5	of	of	ADP
ajfa-6244	392	6	indian	indian	ADJ
ajfa-6244	392	7	banking	banking	NOUN
ajfa-6244	392	8	industry	industry	NOUN
ajfa-6244	392	9	using	use	VERB
ajfa-6244	392	10	hicks	hick	NOUN
ajfa-6244	392	11	-	-	PUNCT
ajfa-6244	392	12	moorstreen	moorstreen	VERB
ajfa-6244	392	13	approach	approach	NOUN
ajfa-6244	392	14	.	.	PUNCT
ajfa-6244	393	1	international	international	ADJ
ajfa-6244	393	2	journal	journal	PROPN
ajfa-6244	393	3	of	of	ADP
ajfa-6244	393	4	productivity	productivity	NOUN
ajfa-6244	393	5	and	and	CCONJ
ajfa-6244	393	6	performance	performance	NOUN
ajfa-6244	393	7	management	management	NOUN
ajfa-6244	393	8	,	,	PUNCT
ajfa-6244	393	9	63(1	63(1	NUM
ajfa-6244	393	10	)	)	PUNCT
ajfa-6244	393	11	,	,	PUNCT
ajfa-6244	393	12	57	57	NUM
ajfa-6244	393	13	-	-	SYM
ajfa-6244	393	14	84	84	NUM
ajfa-6244	393	15	.	.	PUNCT
ajfa-6244	394	1	http://dx.doi.org/10.1108/ijppm-09-2012-0096	http://dx.doi.org/10.1108/ijppm-09-2012-0096	PROPN
ajfa-6244	394	2	sufian	sufian	PROPN
ajfa-6244	394	3	,	,	PUNCT
ajfa-6244	394	4	f.	f.	PROPN
ajfa-6244	394	5	(	(	PUNCT
ajfa-6244	394	6	2009	2009	NUM
ajfa-6244	394	7	)	)	PUNCT
ajfa-6244	394	8	.	.	PUNCT
ajfa-6244	395	1	the	the	DET
ajfa-6244	395	2	impact	impact	NOUN
ajfa-6244	395	3	of	of	ADP
ajfa-6244	395	4	the	the	DET
ajfa-6244	395	5	asian	asian	ADJ
ajfa-6244	395	6	financial	financial	ADJ
ajfa-6244	395	7	crisis	crisis	NOUN
ajfa-6244	395	8	on	on	ADP
ajfa-6244	395	9	bank	bank	NOUN
ajfa-6244	395	10	efficiency	efficiency	NOUN
ajfa-6244	395	11	:	:	PUNCT
ajfa-6244	395	12	the	the	DET
ajfa-6244	395	13	1997	1997	NUM
ajfa-6244	395	14	experience	experience	NOUN
ajfa-6244	395	15	of	of	ADP
ajfa-6244	395	16	malaysia	malaysia	PROPN
ajfa-6244	395	17	and	and	CCONJ
ajfa-6244	395	18	thailand	thailand	PROPN
ajfa-6244	395	19	.	.	PROPN
ajfa-6244	395	20	journal	journal	PROPN
ajfa-6244	395	21	of	of	ADP
ajfa-6244	395	22	international	international	PROPN
ajfa-6244	395	23	development	development	NOUN
ajfa-6244	395	24	,	,	PUNCT
ajfa-6244	395	25	22(7	22(7	NUM
ajfa-6244	395	26	)	)	PUNCT
ajfa-6244	395	27	,	,	PUNCT
ajfa-6244	395	28	866	866	NUM
ajfa-6244	395	29	-	-	PUNCT
ajfa-6244	395	30	889	889	NUM
ajfa-6244	395	31	.	.	PUNCT
ajfa-6244	396	1	http://dx.doi.org/10.1002/jid.1589	http://dx.doi.org/10.1002/jid.1589	PROPN
ajfa-6244	396	2	williams	williams	PROPN
ajfa-6244	396	3	,	,	PUNCT
ajfa-6244	396	4	j.	j.	PROPN
ajfa-6244	396	5	,	,	PUNCT
ajfa-6244	396	6	&	&	CCONJ
ajfa-6244	396	7	n.	n.	PROPN
ajfa-6244	396	8	nguyen	nguyen	PROPN
ajfa-6244	396	9	.	.	PUNCT
ajfa-6244	397	1	(	(	PUNCT
ajfa-6244	397	2	2005	2005	NUM
ajfa-6244	397	3	)	)	PUNCT
ajfa-6244	397	4	.	.	PUNCT
ajfa-6244	398	1	financial	financial	ADJ
ajfa-6244	398	2	liberalisation	liberalisation	NOUN
ajfa-6244	398	3	,	,	PUNCT
ajfa-6244	398	4	crisis	crisis	NOUN
ajfa-6244	398	5	,	,	PUNCT
ajfa-6244	398	6	and	and	CCONJ
ajfa-6244	398	7	restructuring	restructuring	NOUN
ajfa-6244	398	8	:	:	PUNCT
ajfa-6244	398	9	a	a	DET
ajfa-6244	398	10	comparative	comparative	ADJ
ajfa-6244	398	11	study	study	NOUN
ajfa-6244	398	12	of	of	ADP
ajfa-6244	398	13	bank	bank	NOUN
ajfa-6244	398	14	performance	performance	NOUN
ajfa-6244	398	15	and	and	CCONJ
ajfa-6244	398	16	bank	bank	NOUN
ajfa-6244	398	17	governance	governance	NOUN
ajfa-6244	398	18	in	in	ADP
ajfa-6244	398	19	south	south	PROPN
ajfa-6244	398	20	east	east	PROPN
ajfa-6244	398	21	asia	asia	PROPN
ajfa-6244	398	22	.	.	PUNCT
ajfa-6244	398	23	journal	journal	PROPN
ajfa-6244	398	24	of	of	ADP
ajfa-6244	398	25	banking	banking	NOUN
ajfa-6244	398	26	and	and	CCONJ
ajfa-6244	398	27	finance	finance	NOUN
ajfa-6244	398	28	,	,	PUNCT
ajfa-6244	398	29	29(8	29(8	NOUN
ajfa-6244	398	30	-	-	SYM
ajfa-6244	398	31	9	9	NUM
ajfa-6244	398	32	)	)	PUNCT
ajfa-6244	398	33	,	,	PUNCT
ajfa-6244	398	34	2119	2119	NUM
ajfa-6244	398	35	-	-	SYM
ajfa-6244	398	36	2154	2154	NUM
ajfa-6244	398	37	.	.	PUNCT
ajfa-6244	399	1	http://dx.doi.org/10.1016/j.jbankfin.2005.03.011	http://dx.doi.org/10.1016/j.jbankfin.2005.03.011	PROPN
ajfa-6244	399	2	zenios	zenios	PROPN
ajfa-6244	399	3	,	,	PUNCT
ajfa-6244	399	4	c.v	c.v	PROPN
ajfa-6244	399	5	.	.	PROPN
ajfa-6244	399	6	,	,	PUNCT
ajfa-6244	399	7	s.a	s.a	PROPN
ajfa-6244	399	8	.	.	PROPN
ajfa-6244	399	9	zenios	zenios	PROPN
ajfa-6244	399	10	,	,	PUNCT
ajfa-6244	399	11	k.	k.	PROPN
ajfa-6244	399	12	agathocleous	agathocleous	PROPN
ajfa-6244	399	13	,	,	PUNCT
ajfa-6244	399	14	&	&	CCONJ
ajfa-6244	399	15	a.	a.	PROPN
ajfa-6244	399	16	soteriou	soteriou	PROPN
ajfa-6244	399	17	.	.	PUNCT
ajfa-6244	400	1	(	(	PUNCT
ajfa-6244	400	2	1999	1999	NUM
ajfa-6244	400	3	)	)	PUNCT
ajfa-6244	400	4	.	.	PUNCT
ajfa-6244	401	1	benchmarks	benchmark	NOUN
ajfa-6244	401	2	of	of	ADP
ajfa-6244	401	3	the	the	DET
ajfa-6244	401	4	efficiency	efficiency	NOUN
ajfa-6244	401	5	of	of	ADP
ajfa-6244	401	6	bank	bank	NOUN
ajfa-6244	401	7	branches	branch	NOUN
ajfa-6244	401	8	.	.	PUNCT
ajfa-6244	402	1	interfaces	interface	NOUN
ajfa-6244	402	2	,	,	PUNCT
ajfa-6244	402	3	29(3	29(3	NUM
ajfa-6244	402	4	)	)	PUNCT
ajfa-6244	402	5	,	,	PUNCT
ajfa-6244	402	6	37	37	NUM
ajfa-6244	402	7	-	-	SYM
ajfa-6244	402	8	51	51	NUM
ajfa-6244	402	9	.	.	PUNCT
ajfa-6244	403	1	http://dx.doi.org/10.1287/inte.29.3.37	http://dx.doi.org/10.1287/inte.29.3.37	PROPN
ajfa-6244	403	2	zhu	zhu	PROPN
ajfa-6244	403	3	,	,	PUNCT
ajfa-6244	403	4	j.	j.	PROPN
ajfa-6244	403	5	(	(	PUNCT
ajfa-6244	403	6	2000	2000	NUM
ajfa-6244	403	7	)	)	PUNCT
ajfa-6244	403	8	.	.	PUNCT
ajfa-6244	404	1	multi	multi	ADJ
ajfa-6244	404	2	-	-	ADJ
ajfa-6244	404	3	factor	factor	NOUN
ajfa-6244	404	4	performance	performance	NOUN
ajfa-6244	404	5	measure	measure	NOUN
ajfa-6244	404	6	model	model	NOUN
ajfa-6244	404	7	with	with	ADP
ajfa-6244	404	8	an	an	DET
ajfa-6244	404	9	application	application	NOUN
ajfa-6244	404	10	to	to	ADP
ajfa-6244	404	11	fortune	fortune	NOUN
ajfa-6244	404	12	500	500	NUM
ajfa-6244	404	13	companies	company	NOUN
ajfa-6244	404	14	.	.	PUNCT
ajfa-6244	405	1	european	european	ADJ
ajfa-6244	405	2	journal	journal	PROPN
ajfa-6244	405	3	of	of	ADP
ajfa-6244	405	4	operational	operational	ADJ
ajfa-6244	405	5	research	research	NOUN
ajfa-6244	405	6	,	,	PUNCT
ajfa-6244	405	7	123(1	123(1	NUM
ajfa-6244	405	8	)	)	PUNCT
ajfa-6244	405	9	,	,	PUNCT
ajfa-6244	405	10	105	105	NUM
ajfa-6244	405	11	-	-	SYM
ajfa-6244	405	12	124	124	NUM
ajfa-6244	405	13	.	.	PUNCT
ajfa-6244	406	1	http://dx.doi.org/10.1016/s0377-2217(99)00096-x	http://dx.doi.org/10.1016/s0377-2217(99)00096-x	NOUN