id	sid	tid	token	lemma	pos
issue-1193	1	1	baltic	baltic	PROPN
issue-1193	1	2	journal	journal	PROPN
issue-1193	1	3	of	of	ADP
issue-1193	1	4	economic	economic	ADJ
issue-1193	1	5	studies	study	NOUN
issue-1193	1	6	118	118	NUM
issue-1193	1	7	vol	vol	NOUN
issue-1193	1	8	.	.	PROPN
issue-1193	1	9	7	7	NUM
issue-1193	1	10	no	no	NOUN
issue-1193	1	11	.	.	NOUN
issue-1193	1	12	3	3	NUM
issue-1193	1	13	,	,	PUNCT
issue-1193	1	14	2021	2021	NUM
issue-1193	1	15	corresponding	correspond	VERB
issue-1193	1	16	author	author	NOUN
issue-1193	1	17	:	:	PUNCT
issue-1193	1	18	1	1	NUM
issue-1193	1	19	ivan	ivan	PROPN
issue-1193	1	20	franko	franko	PROPN
issue-1193	1	21	national	national	PROPN
issue-1193	1	22	university	university	PROPN
issue-1193	1	23	of	of	ADP
issue-1193	1	24	lviv	lviv	PROPN
issue-1193	1	25	,	,	PUNCT
issue-1193	1	26	ukraine	ukraine	NOUN
issue-1193	1	27	.	.	PUNCT
issue-1193	2	1	e	e	X
issue-1193	2	2	-	-	NOUN
issue-1193	2	3	mail	mail	NOUN
issue-1193	2	4	:	:	PUNCT
issue-1193	2	5	yemelyanova_lidiya@ukr.net	yemelyanova_lidiya@ukr.net	PROPN
issue-1193	2	6	orcid	orcid	NOUN
issue-1193	2	7	:	:	PUNCT
issue-1193	2	8	https://orcid.org/0000-0002-9276-3624	https://orcid.org/0000-0002-9276-3624	PRON
issue-1193	2	9	doi	doi	PROPN
issue-1193	2	10	:	:	PUNCT
issue-1193	2	11	https://doi.org/10.30525/2256-0742/2021-7-3-118-126	https://doi.org/10.30525/2256-0742/2021-7-3-118-126	NOUN
issue-1193	2	12	relationship	relationship	NOUN
issue-1193	2	13	between	between	ADP
issue-1193	2	14	the	the	DET
issue-1193	2	15	stock	stock	NOUN
issue-1193	2	16	market	market	NOUN
issue-1193	2	17	development	development	NOUN
issue-1193	2	18	,	,	PUNCT
issue-1193	2	19	banking	banking	NOUN
issue-1193	2	20	sector	sector	NOUN
issue-1193	2	21	development	development	NOUN
issue-1193	2	22	and	and	CCONJ
issue-1193	2	23	economic	economic	ADJ
issue-1193	2	24	growth	growth	NOUN
issue-1193	2	25	in	in	ADP
issue-1193	2	26	the	the	DET
issue-1193	2	27	cee	cee	NOUN
issue-1193	2	28	countries	country	NOUN
issue-1193	2	29	lidiya	lidiya	PROPN
issue-1193	2	30	yemelyanova1	yemelyanova1	PROPN
issue-1193	3	1	abstract	abstract	ADJ
issue-1193	3	2	.	.	PUNCT
issue-1193	4	1	the	the	DET
issue-1193	4	2	stock	stock	NOUN
issue-1193	4	3	markets	market	NOUN
issue-1193	4	4	of	of	ADP
issue-1193	4	5	most	most	ADJ
issue-1193	4	6	cee	cee	NOUN
issue-1193	4	7	countries	country	NOUN
issue-1193	4	8	have	have	AUX
issue-1193	4	9	been	be	AUX
issue-1193	4	10	actively	actively	ADV
issue-1193	4	11	developing	develop	VERB
issue-1193	4	12	and	and	CCONJ
issue-1193	4	13	improving	improve	VERB
issue-1193	4	14	over	over	ADP
issue-1193	4	15	the	the	DET
issue-1193	4	16	past	past	ADJ
issue-1193	4	17	decades	decade	NOUN
issue-1193	4	18	but	but	CCONJ
issue-1193	4	19	they	they	PRON
issue-1193	4	20	still	still	ADV
issue-1193	4	21	do	do	AUX
issue-1193	4	22	not	not	PART
issue-1193	4	23	belong	belong	VERB
issue-1193	4	24	to	to	ADP
issue-1193	4	25	the	the	DET
issue-1193	4	26	developed	develop	VERB
issue-1193	4	27	markets	market	NOUN
issue-1193	4	28	according	accord	VERB
issue-1193	4	29	to	to	ADP
issue-1193	4	30	msci	msci	PROPN
issue-1193	4	31	classification	classification	NOUN
issue-1193	4	32	,	,	PUNCT
issue-1193	4	33	the	the	DET
issue-1193	4	34	financial	financial	ADJ
issue-1193	4	35	systems	system	NOUN
issue-1193	4	36	of	of	ADP
issue-1193	4	37	these	these	DET
issue-1193	4	38	countries	country	NOUN
issue-1193	4	39	tends	tend	VERB
issue-1193	4	40	towards	towards	ADP
issue-1193	4	41	the	the	DET
issue-1193	4	42	bank	bank	NOUN
issue-1193	4	43	-	-	PUNCT
issue-1193	4	44	oriented	orient	VERB
issue-1193	4	45	type	type	NOUN
issue-1193	4	46	.	.	PUNCT
issue-1193	5	1	does	do	AUX
issue-1193	5	2	the	the	DET
issue-1193	5	3	level	level	NOUN
issue-1193	5	4	of	of	ADP
issue-1193	5	5	stock	stock	NOUN
issue-1193	5	6	market	market	NOUN
issue-1193	5	7	development	development	NOUN
issue-1193	5	8	affect	affect	VERB
issue-1193	5	9	economic	economic	ADJ
issue-1193	5	10	growth	growth	NOUN
issue-1193	5	11	in	in	ADP
issue-1193	5	12	cee	cee	NOUN
issue-1193	5	13	countries	country	NOUN
issue-1193	5	14	and	and	CCONJ
issue-1193	5	15	do	do	AUX
issue-1193	5	16	these	these	DET
issue-1193	5	17	countries	country	NOUN
issue-1193	5	18	need	need	VERB
issue-1193	5	19	to	to	PART
issue-1193	5	20	develop	develop	VERB
issue-1193	5	21	their	their	PRON
issue-1193	5	22	stock	stock	NOUN
issue-1193	5	23	markets	market	NOUN
issue-1193	5	24	accordingly	accordingly	ADV
issue-1193	5	25	?	?	PUNCT
issue-1193	6	1	the	the	DET
issue-1193	6	2	purpose	purpose	NOUN
issue-1193	6	3	of	of	ADP
issue-1193	6	4	this	this	DET
issue-1193	6	5	article	article	NOUN
issue-1193	6	6	is	be	AUX
issue-1193	6	7	to	to	PART
issue-1193	6	8	identify	identify	VERB
issue-1193	6	9	the	the	DET
issue-1193	6	10	direction	direction	NOUN
issue-1193	6	11	of	of	ADP
issue-1193	6	12	the	the	DET
issue-1193	6	13	causal	causal	PROPN
issue-1193	6	14	link	link	NOUN
issue-1193	6	15	between	between	ADP
issue-1193	6	16	stock	stock	NOUN
issue-1193	6	17	market	market	NOUN
issue-1193	6	18	development	development	NOUN
issue-1193	6	19	,	,	PUNCT
issue-1193	6	20	banking	banking	NOUN
issue-1193	6	21	sector	sector	NOUN
issue-1193	6	22	development	development	NOUN
issue-1193	6	23	and	and	CCONJ
issue-1193	6	24	economic	economic	ADJ
issue-1193	6	25	growth	growth	NOUN
issue-1193	6	26	in	in	ADP
issue-1193	6	27	central	central	ADJ
issue-1193	6	28	and	and	CCONJ
issue-1193	6	29	eastern	eastern	ADJ
issue-1193	6	30	european	european	PROPN
issue-1193	6	31	(	(	PUNCT
issue-1193	6	32	cee	cee	NOUN
issue-1193	6	33	)	)	PUNCT
issue-1193	6	34	countries	country	NOUN
issue-1193	6	35	.	.	PUNCT
issue-1193	7	1	the	the	DET
issue-1193	7	2	subject	subject	NOUN
issue-1193	7	3	of	of	ADP
issue-1193	7	4	the	the	DET
issue-1193	7	5	research	research	NOUN
issue-1193	7	6	is	be	AUX
issue-1193	7	7	the	the	DET
issue-1193	7	8	relationship	relationship	NOUN
issue-1193	7	9	between	between	ADP
issue-1193	7	10	the	the	DET
issue-1193	7	11	stock	stock	NOUN
issue-1193	7	12	market	market	NOUN
issue-1193	7	13	development	development	NOUN
issue-1193	7	14	,	,	PUNCT
issue-1193	7	15	banking	banking	NOUN
issue-1193	7	16	sector	sector	NOUN
issue-1193	7	17	development	development	NOUN
issue-1193	7	18	and	and	CCONJ
issue-1193	7	19	economic	economic	ADJ
issue-1193	7	20	growth	growth	NOUN
issue-1193	7	21	in	in	ADP
issue-1193	7	22	the	the	DET
issue-1193	7	23	cee	cee	NOUN
issue-1193	7	24	countries	country	NOUN
issue-1193	7	25	.	.	PUNCT
issue-1193	8	1	methodology	methodology	NOUN
issue-1193	8	2	.	.	PUNCT
issue-1193	9	1	the	the	DET
issue-1193	9	2	research	research	NOUN
issue-1193	9	3	is	be	AUX
issue-1193	9	4	based	base	VERB
issue-1193	9	5	on	on	ADP
issue-1193	9	6	the	the	DET
issue-1193	9	7	annual	annual	ADJ
issue-1193	9	8	data	datum	NOUN
issue-1193	9	9	for	for	ADP
issue-1193	9	10	two	two	NUM
issue-1193	9	11	time	time	NOUN
issue-1193	9	12	periods	period	VERB
issue-1193	9	13	1999	1999	NUM
issue-1193	9	14	-	-	SYM
issue-1193	9	15	2012	2012	NUM
issue-1193	9	16	and	and	CCONJ
issue-1193	9	17	1999	1999	NUM
issue-1193	9	18	-	-	SYM
issue-1193	9	19	2015	2015	NUM
issue-1193	9	20	for	for	ADP
issue-1193	9	21	the	the	DET
issue-1193	9	22	8	8	NUM
issue-1193	9	23	and	and	CCONJ
issue-1193	9	24	5	5	NUM
issue-1193	9	25	cee	cee	NOUN
issue-1193	9	26	countries	country	NOUN
issue-1193	9	27	,	,	PUNCT
issue-1193	9	28	respectively	respectively	ADV
issue-1193	9	29	.	.	PUNCT
issue-1193	10	1	the	the	DET
issue-1193	10	2	study	study	NOUN
issue-1193	10	3	is	be	AUX
issue-1193	10	4	based	base	VERB
issue-1193	10	5	on	on	ADP
issue-1193	10	6	the	the	DET
issue-1193	10	7	granger	granger	PROPN
issue-1193	10	8	causality	causality	PROPN
issue-1193	10	9	test	test	NOUN
issue-1193	10	10	and	and	CCONJ
issue-1193	10	11	linear	linear	ADJ
issue-1193	10	12	regression	regression	NOUN
issue-1193	10	13	models	model	NOUN
issue-1193	10	14	.	.	PUNCT
issue-1193	11	1	according	accord	VERB
issue-1193	11	2	to	to	ADP
issue-1193	11	3	results	result	NOUN
issue-1193	11	4	of	of	ADP
issue-1193	11	5	the	the	DET
issue-1193	11	6	research	research	NOUN
issue-1193	11	7	the	the	DET
issue-1193	11	8	stock	stock	NOUN
issue-1193	11	9	market	market	NOUN
issue-1193	11	10	development	development	NOUN
issue-1193	11	11	plays	play	VERB
issue-1193	11	12	an	an	DET
issue-1193	11	13	important	important	ADJ
issue-1193	11	14	role	role	NOUN
issue-1193	11	15	in	in	ADP
issue-1193	11	16	attracting	attract	VERB
issue-1193	11	17	foreign	foreign	ADJ
issue-1193	11	18	direct	direct	ADJ
issue-1193	11	19	investment	investment	NOUN
issue-1193	11	20	and	and	CCONJ
issue-1193	11	21	economic	economic	ADJ
issue-1193	11	22	growth	growth	NOUN
issue-1193	11	23	in	in	ADP
issue-1193	11	24	cee	cee	NOUN
issue-1193	11	25	countries	country	NOUN
issue-1193	11	26	in	in	ADP
issue-1193	11	27	the	the	DET
issue-1193	11	28	long	long	ADV
issue-1193	11	29	-	-	PUNCT
issue-1193	11	30	run	run	NOUN
issue-1193	11	31	period	period	NOUN
issue-1193	11	32	.	.	PUNCT
issue-1193	12	1	there	there	PRON
issue-1193	12	2	are	be	VERB
issue-1193	12	3	revealed	reveal	VERB
issue-1193	12	4	the	the	DET
issue-1193	12	5	channels	channel	NOUN
issue-1193	12	6	of	of	ADP
issue-1193	12	7	indirect	indirect	ADJ
issue-1193	12	8	influence	influence	NOUN
issue-1193	12	9	of	of	ADP
issue-1193	12	10	the	the	DET
issue-1193	12	11	stock	stock	NOUN
issue-1193	12	12	market	market	NOUN
issue-1193	12	13	capitalization	capitalization	NOUN
issue-1193	12	14	on	on	ADP
issue-1193	12	15	the	the	DET
issue-1193	12	16	economic	economic	ADJ
issue-1193	12	17	growth	growth	NOUN
issue-1193	12	18	.	.	PUNCT
issue-1193	13	1	stock	stock	NOUN
issue-1193	13	2	market	market	NOUN
issue-1193	13	3	capitalization	capitalization	NOUN
issue-1193	13	4	has	have	VERB
issue-1193	13	5	impact	impact	NOUN
issue-1193	13	6	on	on	ADP
issue-1193	13	7	the	the	DET
issue-1193	13	8	banking	banking	NOUN
issue-1193	13	9	sector	sector	NOUN
issue-1193	13	10	and	and	CCONJ
issue-1193	13	11	gross	gross	ADJ
issue-1193	13	12	capital	capital	NOUN
issue-1193	13	13	formation	formation	NOUN
issue-1193	13	14	,	,	PUNCT
issue-1193	13	15	which	which	PRON
issue-1193	13	16	in	in	ADP
issue-1193	13	17	turn	turn	NOUN
issue-1193	13	18	have	have	VERB
issue-1193	13	19	impact	impact	NOUN
issue-1193	13	20	on	on	ADP
issue-1193	13	21	the	the	DET
issue-1193	13	22	economic	economic	ADJ
issue-1193	13	23	growth	growth	NOUN
issue-1193	13	24	of	of	ADP
issue-1193	13	25	cee	cee	NOUN
issue-1193	13	26	countries	country	NOUN
issue-1193	13	27	.	.	PUNCT
issue-1193	14	1	there	there	PRON
issue-1193	14	2	is	be	VERB
issue-1193	14	3	the	the	DET
issue-1193	14	4	impact	impact	NOUN
issue-1193	14	5	of	of	ADP
issue-1193	14	6	both	both	CCONJ
issue-1193	14	7	the	the	DET
issue-1193	14	8	stock	stock	NOUN
issue-1193	14	9	market	market	NOUN
issue-1193	14	10	and	and	CCONJ
issue-1193	14	11	the	the	DET
issue-1193	14	12	banking	banking	NOUN
issue-1193	14	13	sector	sector	NOUN
issue-1193	14	14	development	development	NOUN
issue-1193	14	15	on	on	ADP
issue-1193	14	16	the	the	DET
issue-1193	14	17	economic	economic	ADJ
issue-1193	14	18	growth	growth	NOUN
issue-1193	14	19	in	in	ADP
issue-1193	14	20	cee	cee	NOUN
issue-1193	14	21	countries	country	NOUN
issue-1193	14	22	during	during	ADP
issue-1193	14	23	1999	1999	NUM
issue-1193	14	24	-	-	SYM
issue-1193	14	25	2015	2015	NUM
issue-1193	14	26	.	.	PUNCT
issue-1193	15	1	however	however	ADV
issue-1193	15	2	,	,	PUNCT
issue-1193	15	3	the	the	DET
issue-1193	15	4	impact	impact	NOUN
issue-1193	15	5	of	of	ADP
issue-1193	15	6	the	the	DET
issue-1193	15	7	stock	stock	NOUN
issue-1193	15	8	market	market	NOUN
issue-1193	15	9	size	size	NOUN
issue-1193	15	10	on	on	ADP
issue-1193	15	11	the	the	DET
issue-1193	15	12	economic	economic	ADJ
issue-1193	15	13	growth	growth	NOUN
issue-1193	15	14	is	be	AUX
issue-1193	15	15	positive	positive	ADJ
issue-1193	15	16	and	and	CCONJ
issue-1193	15	17	the	the	DET
issue-1193	15	18	impact	impact	NOUN
issue-1193	15	19	of	of	ADP
issue-1193	15	20	domestic	domestic	ADJ
issue-1193	15	21	credit	credit	NOUN
issue-1193	15	22	to	to	ADP
issue-1193	15	23	private	private	ADJ
issue-1193	15	24	sector	sector	NOUN
issue-1193	15	25	is	be	AUX
issue-1193	15	26	negative	negative	ADJ
issue-1193	15	27	.	.	PUNCT
issue-1193	16	1	practical	practical	ADJ
issue-1193	16	2	implications	implication	NOUN
issue-1193	16	3	.	.	PUNCT
issue-1193	17	1	the	the	DET
issue-1193	17	2	study	study	NOUN
issue-1193	17	3	proves	prove	VERB
issue-1193	17	4	the	the	DET
issue-1193	17	5	reasonable	reasonable	ADJ
issue-1193	17	6	need	need	NOUN
issue-1193	17	7	for	for	SCONJ
issue-1193	17	8	the	the	DET
issue-1193	17	9	cee	cee	NOUN
issue-1193	17	10	countries	country	NOUN
issue-1193	17	11	to	to	PART
issue-1193	17	12	move	move	VERB
issue-1193	17	13	towards	towards	ADP
issue-1193	17	14	further	further	ADJ
issue-1193	17	15	development	development	NOUN
issue-1193	17	16	of	of	ADP
issue-1193	17	17	the	the	DET
issue-1193	17	18	stock	stock	NOUN
issue-1193	17	19	market	market	NOUN
issue-1193	17	20	,	,	PUNCT
issue-1193	17	21	improving	improve	VERB
issue-1193	17	22	the	the	DET
issue-1193	17	23	market	market	NOUN
issue-1193	17	24	infrastructure	infrastructure	NOUN
issue-1193	17	25	and	and	CCONJ
issue-1193	17	26	institutional	institutional	ADJ
issue-1193	17	27	environment	environment	NOUN
issue-1193	17	28	in	in	ADP
issue-1193	17	29	order	order	NOUN
issue-1193	17	30	to	to	PART
issue-1193	17	31	expand	expand	VERB
issue-1193	17	32	the	the	DET
issue-1193	17	33	size	size	NOUN
issue-1193	17	34	of	of	ADP
issue-1193	17	35	the	the	DET
issue-1193	17	36	stock	stock	NOUN
issue-1193	17	37	market	market	NOUN
issue-1193	17	38	and	and	CCONJ
issue-1193	17	39	thereby	thereby	ADV
issue-1193	17	40	contribute	contribute	VERB
issue-1193	17	41	to	to	ADP
issue-1193	17	42	the	the	DET
issue-1193	17	43	economic	economic	ADJ
issue-1193	17	44	growth	growth	NOUN
issue-1193	17	45	of	of	ADP
issue-1193	17	46	this	this	DET
issue-1193	17	47	countries	country	NOUN
issue-1193	17	48	.	.	PUNCT
issue-1193	18	1	value	value	NOUN
issue-1193	18	2	/	/	SYM
issue-1193	18	3	originality	originality	NOUN
issue-1193	18	4	.	.	PUNCT
issue-1193	19	1	the	the	DET
issue-1193	19	2	obtained	obtain	VERB
issue-1193	19	3	conclusion	conclusion	NOUN
issue-1193	19	4	about	about	ADP
issue-1193	19	5	the	the	DET
issue-1193	19	6	role	role	NOUN
issue-1193	19	7	of	of	ADP
issue-1193	19	8	the	the	DET
issue-1193	19	9	stock	stock	NOUN
issue-1193	19	10	market	market	NOUN
issue-1193	19	11	in	in	ADP
issue-1193	19	12	economic	economic	ADJ
issue-1193	19	13	growth	growth	NOUN
issue-1193	19	14	and	and	CCONJ
issue-1193	19	15	attraction	attraction	NOUN
issue-1193	19	16	of	of	ADP
issue-1193	19	17	fdi	fdi	NOUN
issue-1193	19	18	is	be	AUX
issue-1193	19	19	of	of	ADP
issue-1193	19	20	great	great	ADJ
issue-1193	19	21	importance	importance	NOUN
issue-1193	19	22	both	both	CCONJ
issue-1193	19	23	for	for	ADP
issue-1193	19	24	ukraine	ukraine	ADJ
issue-1193	19	25	and	and	CCONJ
issue-1193	19	26	other	other	ADJ
issue-1193	19	27	countries	country	NOUN
issue-1193	19	28	with	with	ADP
issue-1193	19	29	similar	similar	ADJ
issue-1193	19	30	trajectory	trajectory	NOUN
issue-1193	19	31	of	of	ADP
issue-1193	19	32	economic	economic	ADJ
issue-1193	19	33	development	development	NOUN
issue-1193	19	34	in	in	ADP
issue-1193	19	35	general	general	ADJ
issue-1193	19	36	and	and	CCONJ
issue-1193	19	37	similar	similar	ADJ
issue-1193	19	38	historical	historical	ADJ
issue-1193	19	39	aspects	aspect	NOUN
issue-1193	19	40	of	of	ADP
issue-1193	19	41	the	the	DET
issue-1193	19	42	origin	origin	NOUN
issue-1193	19	43	of	of	ADP
issue-1193	19	44	stock	stock	NOUN
issue-1193	19	45	markets	market	NOUN
issue-1193	19	46	in	in	ADP
issue-1193	19	47	particular	particular	ADJ
issue-1193	19	48	and	and	CCONJ
issue-1193	19	49	should	should	AUX
issue-1193	19	50	be	be	AUX
issue-1193	19	51	taken	take	VERB
issue-1193	19	52	into	into	ADP
issue-1193	19	53	account	account	NOUN
issue-1193	19	54	by	by	ADP
issue-1193	19	55	state	state	NOUN
issue-1193	19	56	leaders	leader	NOUN
issue-1193	19	57	when	when	SCONJ
issue-1193	19	58	making	make	VERB
issue-1193	19	59	decisions	decision	NOUN
issue-1193	19	60	on	on	ADP
issue-1193	19	61	the	the	DET
issue-1193	19	62	need	need	NOUN
issue-1193	19	63	to	to	PART
issue-1193	19	64	create	create	VERB
issue-1193	19	65	conditions	condition	NOUN
issue-1193	19	66	for	for	ADP
issue-1193	19	67	development	development	NOUN
issue-1193	19	68	of	of	ADP
issue-1193	19	69	such	such	ADJ
issue-1193	19	70	element	element	NOUN
issue-1193	19	71	of	of	ADP
issue-1193	19	72	the	the	DET
issue-1193	19	73	country	country	NOUN
issue-1193	19	74	’s	’s	PART
issue-1193	19	75	financial	financial	ADJ
issue-1193	19	76	system	system	NOUN
issue-1193	19	77	as	as	ADP
issue-1193	19	78	the	the	DET
issue-1193	19	79	stock	stock	NOUN
issue-1193	19	80	market	market	NOUN
issue-1193	19	81	.	.	PUNCT
issue-1193	20	1	key	key	ADJ
issue-1193	20	2	words	word	NOUN
issue-1193	20	3	:	:	PUNCT
issue-1193	20	4	stock	stock	NOUN
issue-1193	20	5	market	market	NOUN
issue-1193	20	6	development	development	NOUN
issue-1193	20	7	,	,	PUNCT
issue-1193	20	8	banking	banking	NOUN
issue-1193	20	9	sector	sector	NOUN
issue-1193	20	10	development	development	NOUN
issue-1193	20	11	,	,	PUNCT
issue-1193	20	12	economic	economic	ADJ
issue-1193	20	13	growth	growth	NOUN
issue-1193	20	14	,	,	PUNCT
issue-1193	20	15	stock	stock	NOUN
issue-1193	20	16	market	market	NOUN
issue-1193	20	17	capitalization	capitalization	NOUN
issue-1193	20	18	,	,	PUNCT
issue-1193	20	19	stock	stock	NOUN
issue-1193	20	20	market	market	NOUN
issue-1193	20	21	liquidity	liquidity	NOUN
issue-1193	20	22	,	,	PUNCT
issue-1193	20	23	foreign	foreign	ADJ
issue-1193	20	24	direct	direct	ADJ
issue-1193	20	25	investments	investment	NOUN
issue-1193	20	26	.	.	PUNCT
issue-1193	21	1	jel	jel	PROPN
issue-1193	21	2	classification	classification	PROPN
issue-1193	21	3	:	:	PUNCT
issue-1193	21	4	e44	e44	PROPN
issue-1193	21	5	,	,	PUNCT
issue-1193	21	6	f21	f21	PROPN
issue-1193	21	7	,	,	PUNCT
issue-1193	21	8	g10	g10	PROPN
issue-1193	21	9	,	,	PUNCT
issue-1193	21	10	o11	o11	PROPN
issue-1193	21	11	1	1	NUM
issue-1193	21	12	.	.	PUNCT
issue-1193	21	13	introduction	introduction	NOUN
issue-1193	21	14	the	the	DET
issue-1193	21	15	goal	goal	NOUN
issue-1193	21	16	of	of	ADP
issue-1193	21	17	any	any	DET
issue-1193	21	18	country	country	NOUN
issue-1193	21	19	is	be	AUX
issue-1193	21	20	to	to	PART
issue-1193	21	21	achieve	achieve	VERB
issue-1193	21	22	higher	high	ADJ
issue-1193	21	23	rates	rate	NOUN
issue-1193	21	24	of	of	ADP
issue-1193	21	25	economic	economic	ADJ
issue-1193	21	26	growth	growth	NOUN
issue-1193	21	27	.	.	PUNCT
issue-1193	22	1	important	important	ADJ
issue-1193	22	2	components	component	NOUN
issue-1193	22	3	of	of	ADP
issue-1193	22	4	a	a	DET
issue-1193	22	5	favorable	favorable	ADJ
issue-1193	22	6	environment	environment	NOUN
issue-1193	22	7	for	for	ADP
issue-1193	22	8	growth	growth	NOUN
issue-1193	22	9	in	in	ADP
issue-1193	22	10	production	production	NOUN
issue-1193	22	11	are	be	AUX
issue-1193	22	12	the	the	DET
issue-1193	22	13	level	level	NOUN
issue-1193	22	14	of	of	ADP
issue-1193	22	15	financial	financial	ADJ
issue-1193	22	16	market	market	NOUN
issue-1193	22	17	’s	’s	PART
issue-1193	22	18	development	development	NOUN
issue-1193	22	19	,	,	PUNCT
issue-1193	22	20	the	the	DET
issue-1193	22	21	availability	availability	NOUN
issue-1193	22	22	of	of	ADP
issue-1193	22	23	financial	financial	ADJ
issue-1193	22	24	resources	resource	NOUN
issue-1193	22	25	and	and	CCONJ
issue-1193	22	26	the	the	DET
issue-1193	22	27	quality	quality	NOUN
issue-1193	22	28	of	of	ADP
issue-1193	22	29	the	the	DET
issue-1193	22	30	institutional	institutional	ADJ
issue-1193	22	31	environment	environment	NOUN
issue-1193	22	32	for	for	ADP
issue-1193	22	33	doing	do	VERB
issue-1193	22	34	business	business	NOUN
issue-1193	22	35	.	.	PUNCT
issue-1193	23	1	these	these	DET
issue-1193	23	2	factors	factor	NOUN
issue-1193	23	3	take	take	VERB
issue-1193	23	4	into	into	ADP
issue-1193	23	5	account	account	NOUN
issue-1193	23	6	both	both	CCONJ
issue-1193	23	7	foreign	foreign	ADJ
issue-1193	23	8	and	and	CCONJ
issue-1193	23	9	domestic	domestic	ADJ
issue-1193	23	10	investors	investor	NOUN
issue-1193	23	11	by	by	ADP
issue-1193	23	12	making	make	VERB
issue-1193	23	13	investment	investment	NOUN
issue-1193	23	14	decisions	decision	NOUN
issue-1193	23	15	.	.	PUNCT
issue-1193	24	1	the	the	DET
issue-1193	24	2	stock	stock	NOUN
issue-1193	24	3	market	market	NOUN
issue-1193	24	4	is	be	AUX
issue-1193	24	5	an	an	DET
issue-1193	24	6	integrant	integrant	ADJ
issue-1193	24	7	part	part	NOUN
issue-1193	24	8	of	of	ADP
issue-1193	24	9	the	the	DET
issue-1193	24	10	market	market	NOUN
issue-1193	24	11	economy	economy	NOUN
issue-1193	24	12	that	that	PRON
issue-1193	24	13	facilitates	facilitate	VERB
issue-1193	24	14	the	the	DET
issue-1193	24	15	efficient	efficient	ADJ
issue-1193	24	16	capital	capital	NOUN
issue-1193	24	17	allocation	allocation	NOUN
issue-1193	24	18	,	,	PUNCT
issue-1193	24	19	directs	direct	VERB
issue-1193	24	20	free	free	ADJ
issue-1193	24	21	funds	fund	NOUN
issue-1193	24	22	to	to	ADP
issue-1193	24	23	those	those	DET
issue-1193	24	24	sectors	sector	NOUN
issue-1193	24	25	of	of	ADP
issue-1193	24	26	the	the	DET
issue-1193	24	27	economy	economy	NOUN
issue-1193	24	28	that	that	SCONJ
issue-1193	24	29	it	it	PRON
issue-1193	24	30	need	need	VERB
issue-1193	24	31	most	most	ADJ
issue-1193	24	32	,	,	PUNCT
issue-1193	24	33	providing	provide	VERB
issue-1193	24	34	opportunities	opportunity	NOUN
issue-1193	24	35	for	for	ADP
issue-1193	24	36	economic	economic	ADJ
issue-1193	24	37	growth	growth	NOUN
issue-1193	24	38	.	.	PUNCT
issue-1193	25	1	developed	develop	VERB
issue-1193	25	2	stock	stock	NOUN
issue-1193	25	3	market	market	NOUN
issue-1193	25	4	is	be	AUX
issue-1193	25	5	also	also	ADV
issue-1193	25	6	a	a	DET
issue-1193	25	7	major	major	ADJ
issue-1193	25	8	component	component	NOUN
issue-1193	25	9	of	of	ADP
issue-1193	25	10	the	the	DET
issue-1193	25	11	country	country	NOUN
issue-1193	25	12	’s	’s	PART
issue-1193	25	13	investment	investment	NOUN
issue-1193	25	14	attractiveness	attractiveness	NOUN
issue-1193	25	15	.	.	PUNCT
issue-1193	26	1	on	on	ADP
issue-1193	26	2	the	the	DET
issue-1193	26	3	other	other	ADJ
issue-1193	26	4	hand	hand	NOUN
issue-1193	26	5	,	,	PUNCT
issue-1193	26	6	higher	high	ADJ
issue-1193	26	7	economic	economic	ADJ
issue-1193	26	8	growth	growth	NOUN
issue-1193	26	9	means	mean	VERB
issue-1193	26	10	a	a	DET
issue-1193	26	11	rise	rise	NOUN
issue-1193	26	12	in	in	ADP
issue-1193	26	13	output	output	NOUN
issue-1193	26	14	and	and	CCONJ
issue-1193	26	15	income	income	NOUN
issue-1193	26	16	,	,	PUNCT
issue-1193	26	17	which	which	PRON
issue-1193	26	18	is	be	AUX
issue-1193	26	19	a	a	DET
issue-1193	26	20	key	key	ADJ
issue-1193	26	21	prerequisite	prerequisite	NOUN
issue-1193	26	22	for	for	ADP
issue-1193	26	23	the	the	DET
issue-1193	26	24	development	development	NOUN
issue-1193	26	25	and	and	CCONJ
issue-1193	26	26	growth	growth	NOUN
issue-1193	26	27	of	of	ADP
issue-1193	26	28	the	the	DET
issue-1193	26	29	stock	stock	NOUN
issue-1193	26	30	market	market	NOUN
issue-1193	26	31	.	.	PUNCT
issue-1193	27	1	it	it	PRON
issue-1193	27	2	should	should	AUX
issue-1193	27	3	be	be	AUX
issue-1193	27	4	noted	note	VERB
issue-1193	27	5	that	that	SCONJ
issue-1193	27	6	economists	economist	NOUN
issue-1193	27	7	have	have	VERB
issue-1193	27	8	different	different	ADJ
issue-1193	27	9	opinions	opinion	NOUN
issue-1193	27	10	on	on	ADP
issue-1193	27	11	the	the	DET
issue-1193	27	12	direction	direction	NOUN
issue-1193	27	13	of	of	ADP
issue-1193	27	14	the	the	DET
issue-1193	27	15	relationship	relationship	NOUN
issue-1193	27	16	between	between	ADP
issue-1193	27	17	stock	stock	NOUN
issue-1193	27	18	market	market	NOUN
issue-1193	27	19	development	development	NOUN
issue-1193	27	20	,	,	PUNCT
issue-1193	27	21	banking	banking	NOUN
issue-1193	27	22	sector	sector	NOUN
issue-1193	27	23	development	development	NOUN
issue-1193	27	24	and	and	CCONJ
issue-1193	27	25	economic	economic	ADJ
issue-1193	27	26	growth	growth	NOUN
issue-1193	27	27	,	,	PUNCT
issue-1193	27	28	which	which	PRON
issue-1193	27	29	makes	make	VERB
issue-1193	27	30	the	the	DET
issue-1193	27	31	study	study	NOUN
issue-1193	27	32	actual	actual	ADJ
issue-1193	27	33	.	.	PUNCT
issue-1193	28	1	baltic	baltic	PROPN
issue-1193	28	2	journal	journal	PROPN
issue-1193	28	3	of	of	ADP
issue-1193	28	4	economic	economic	ADJ
issue-1193	28	5	studies	study	NOUN
issue-1193	28	6	119	119	NUM
issue-1193	28	7	vol	vol	NOUN
issue-1193	28	8	.	.	PUNCT
issue-1193	29	1	7	7	NUM
issue-1193	29	2	,	,	PUNCT
issue-1193	29	3	no	no	INTJ
issue-1193	29	4	.	.	NOUN
issue-1193	29	5	3	3	NUM
issue-1193	29	6	,	,	PUNCT
issue-1193	29	7	2021	2021	NUM
issue-1193	29	8	according	accord	VERB
issue-1193	29	9	to	to	ADP
issue-1193	29	10	some	some	DET
issue-1193	29	11	scientists	scientist	NOUN
issue-1193	29	12	,	,	PUNCT
issue-1193	29	13	the	the	DET
issue-1193	29	14	development	development	NOUN
issue-1193	29	15	of	of	ADP
issue-1193	29	16	the	the	DET
issue-1193	29	17	stock	stock	NOUN
issue-1193	29	18	market	market	NOUN
issue-1193	29	19	contributes	contribute	VERB
issue-1193	29	20	to	to	ADP
issue-1193	29	21	the	the	DET
issue-1193	29	22	inflow	inflow	NOUN
issue-1193	29	23	of	of	ADP
issue-1193	29	24	foreign	foreign	ADJ
issue-1193	29	25	direct	direct	ADJ
issue-1193	29	26	investment	investment	NOUN
issue-1193	29	27	,	,	PUNCT
issue-1193	29	28	which	which	PRON
issue-1193	29	29	in	in	ADP
issue-1193	29	30	turn	turn	NOUN
issue-1193	29	31	is	be	AUX
issue-1193	29	32	one	one	NUM
issue-1193	29	33	of	of	ADP
issue-1193	29	34	the	the	DET
issue-1193	29	35	drivers	driver	NOUN
issue-1193	29	36	of	of	ADP
issue-1193	29	37	economic	economic	ADJ
issue-1193	29	38	growth	growth	NOUN
issue-1193	29	39	.	.	PUNCT
issue-1193	30	1	according	accord	VERB
issue-1193	30	2	to	to	ADP
issue-1193	30	3	other	other	ADJ
issue-1193	30	4	scientists	scientist	NOUN
issue-1193	30	5	,	,	PUNCT
issue-1193	30	6	the	the	DET
issue-1193	30	7	impetus	impetus	NOUN
issue-1193	30	8	for	for	ADP
issue-1193	30	9	the	the	DET
issue-1193	30	10	development	development	NOUN
issue-1193	30	11	of	of	ADP
issue-1193	30	12	the	the	DET
issue-1193	30	13	stock	stock	NOUN
issue-1193	30	14	market	market	NOUN
issue-1193	30	15	is	be	AUX
issue-1193	30	16	foreign	foreign	ADJ
issue-1193	30	17	direct	direct	ADJ
issue-1193	30	18	investment	investment	NOUN
issue-1193	30	19	,	,	PUNCT
issue-1193	30	20	which	which	PRON
issue-1193	30	21	,	,	PUNCT
issue-1193	30	22	by	by	ADP
issue-1193	30	23	providing	provide	VERB
issue-1193	30	24	economic	economic	ADJ
issue-1193	30	25	growth	growth	NOUN
issue-1193	30	26	,	,	PUNCT
issue-1193	30	27	thereby	thereby	ADV
issue-1193	30	28	contribute	contribute	VERB
issue-1193	30	29	to	to	ADP
issue-1193	30	30	the	the	DET
issue-1193	30	31	development	development	NOUN
issue-1193	30	32	of	of	ADP
issue-1193	30	33	the	the	DET
issue-1193	30	34	stock	stock	NOUN
issue-1193	30	35	market	market	NOUN
issue-1193	30	36	.	.	PUNCT
issue-1193	31	1	it	it	PRON
issue-1193	31	2	is	be	AUX
issue-1193	31	3	commonly	commonly	ADV
issue-1193	31	4	believed	believe	VERB
issue-1193	31	5	that	that	SCONJ
issue-1193	31	6	cee	cee	NOUN
issue-1193	31	7	countries	country	NOUN
issue-1193	31	8	have	have	VERB
issue-1193	31	9	a	a	DET
issue-1193	31	10	bank	bank	NOUN
issue-1193	31	11	-	-	PUNCT
issue-1193	31	12	oriented	orient	VERB
issue-1193	31	13	model	model	NOUN
issue-1193	31	14	of	of	ADP
issue-1193	31	15	the	the	DET
issue-1193	31	16	financial	financial	ADJ
issue-1193	31	17	system	system	NOUN
issue-1193	31	18	,	,	PUNCT
issue-1193	31	19	characterized	characterize	VERB
issue-1193	31	20	by	by	ADP
issue-1193	31	21	a	a	DET
issue-1193	31	22	financial	financial	ADJ
issue-1193	31	23	market	market	NOUN
issue-1193	31	24	in	in	ADP
issue-1193	31	25	which	which	PRON
issue-1193	31	26	debt	debt	NOUN
issue-1193	31	27	securities	security	NOUN
issue-1193	31	28	and	and	CCONJ
issue-1193	31	29	domestic	domestic	ADJ
issue-1193	31	30	credit	credit	NOUN
issue-1193	31	31	predominate	predominate	ADJ
issue-1193	31	32	over	over	ADP
issue-1193	31	33	the	the	DET
issue-1193	31	34	equity	equity	NOUN
issue-1193	31	35	market	market	NOUN
issue-1193	31	36	.	.	PUNCT
issue-1193	32	1	these	these	DET
issue-1193	32	2	countries	country	NOUN
issue-1193	32	3	are	be	AUX
issue-1193	32	4	characterized	characterize	VERB
issue-1193	32	5	by	by	ADP
issue-1193	32	6	a	a	DET
issue-1193	32	7	much	much	ADV
issue-1193	32	8	lower	low	ADJ
issue-1193	32	9	level	level	NOUN
issue-1193	32	10	of	of	ADP
issue-1193	32	11	stock	stock	NOUN
issue-1193	32	12	market	market	NOUN
issue-1193	32	13	liquidity	liquidity	NOUN
issue-1193	32	14	and	and	CCONJ
issue-1193	32	15	,	,	PUNCT
issue-1193	32	16	consequently	consequently	ADV
issue-1193	32	17	,	,	PUNCT
issue-1193	32	18	a	a	DET
issue-1193	32	19	low	low	ADJ
issue-1193	32	20	level	level	NOUN
issue-1193	32	21	of	of	ADP
issue-1193	32	22	its	its	PRON
issue-1193	32	23	development	development	NOUN
issue-1193	32	24	than	than	ADP
issue-1193	32	25	in	in	ADP
issue-1193	32	26	the	the	DET
issue-1193	32	27	countries	country	NOUN
issue-1193	32	28	with	with	ADP
issue-1193	32	29	a	a	DET
issue-1193	32	30	market	market	NOUN
issue-1193	32	31	-	-	PUNCT
issue-1193	32	32	oriented	orient	VERB
issue-1193	32	33	model	model	NOUN
issue-1193	32	34	of	of	ADP
issue-1193	32	35	the	the	DET
issue-1193	32	36	financial	financial	ADJ
issue-1193	32	37	system	system	NOUN
issue-1193	32	38	.	.	PUNCT
issue-1193	33	1	in	in	ADP
issue-1193	33	2	this	this	DET
issue-1193	33	3	context	context	NOUN
issue-1193	33	4	,	,	PUNCT
issue-1193	33	5	how	how	SCONJ
issue-1193	33	6	important	important	ADJ
issue-1193	33	7	is	be	AUX
issue-1193	33	8	stock	stock	NOUN
issue-1193	33	9	market	market	NOUN
issue-1193	33	10	development	development	NOUN
issue-1193	33	11	for	for	ADP
issue-1193	33	12	cee	cee	NOUN
issue-1193	33	13	countries	country	NOUN
issue-1193	33	14	?	?	PUNCT
issue-1193	34	1	does	do	AUX
issue-1193	34	2	the	the	DET
issue-1193	34	3	level	level	NOUN
issue-1193	34	4	of	of	ADP
issue-1193	34	5	stock	stock	NOUN
issue-1193	34	6	market	market	NOUN
issue-1193	34	7	development	development	NOUN
issue-1193	34	8	have	have	VERB
issue-1193	34	9	influence	influence	NOUN
issue-1193	34	10	on	on	ADP
issue-1193	34	11	economic	economic	ADJ
issue-1193	34	12	growth	growth	NOUN
issue-1193	34	13	,	,	PUNCT
issue-1193	34	14	and	and	CCONJ
issue-1193	34	15	how	how	SCONJ
issue-1193	34	16	does	do	AUX
issue-1193	34	17	the	the	DET
issue-1193	34	18	level	level	NOUN
issue-1193	34	19	of	of	ADP
issue-1193	34	20	stock	stock	NOUN
issue-1193	34	21	market	market	NOUN
issue-1193	34	22	development	development	NOUN
issue-1193	34	23	correlate	correlate	VERB
issue-1193	34	24	with	with	ADP
issue-1193	34	25	the	the	DET
issue-1193	34	26	level	level	NOUN
issue-1193	34	27	of	of	ADP
issue-1193	34	28	development	development	NOUN
issue-1193	34	29	of	of	ADP
issue-1193	34	30	the	the	DET
issue-1193	34	31	banking	banking	NOUN
issue-1193	34	32	sector	sector	NOUN
issue-1193	34	33	in	in	ADP
issue-1193	34	34	these	these	DET
issue-1193	34	35	countries	country	NOUN
issue-1193	34	36	?	?	PUNCT
issue-1193	35	1	2	2	X
issue-1193	35	2	.	.	X
issue-1193	35	3	the	the	DET
issue-1193	35	4	relationship	relationship	NOUN
issue-1193	35	5	between	between	ADP
issue-1193	35	6	the	the	DET
issue-1193	35	7	stock	stock	NOUN
issue-1193	35	8	market	market	NOUN
issue-1193	35	9	development	development	NOUN
issue-1193	35	10	and	and	CCONJ
issue-1193	35	11	banking	banking	NOUN
issue-1193	35	12	sector	sector	NOUN
issue-1193	35	13	development	development	NOUN
issue-1193	35	14	there	there	PRON
issue-1193	35	15	are	be	VERB
issue-1193	35	16	different	different	ADJ
issue-1193	35	17	perspectives	perspective	NOUN
issue-1193	35	18	on	on	ADP
issue-1193	35	19	the	the	DET
issue-1193	35	20	relationship	relationship	NOUN
issue-1193	35	21	between	between	ADP
issue-1193	35	22	the	the	DET
issue-1193	35	23	banking	banking	NOUN
issue-1193	35	24	sector	sector	NOUN
issue-1193	35	25	and	and	CCONJ
issue-1193	35	26	stock	stock	NOUN
issue-1193	35	27	market	market	NOUN
issue-1193	35	28	development	development	NOUN
issue-1193	35	29	.	.	PUNCT
issue-1193	36	1	since	since	SCONJ
issue-1193	36	2	both	both	CCONJ
issue-1193	36	3	the	the	DET
issue-1193	36	4	stock	stock	NOUN
issue-1193	36	5	market	market	NOUN
issue-1193	36	6	and	and	CCONJ
issue-1193	36	7	the	the	DET
issue-1193	36	8	banking	banking	NOUN
issue-1193	36	9	sector	sector	NOUN
issue-1193	36	10	contribute	contribute	VERB
issue-1193	36	11	to	to	ADP
issue-1193	36	12	the	the	DET
issue-1193	36	13	transformation	transformation	NOUN
issue-1193	36	14	of	of	ADP
issue-1193	36	15	savings	saving	NOUN
issue-1193	36	16	into	into	ADP
issue-1193	36	17	investment	investment	NOUN
issue-1193	36	18	,	,	PUNCT
issue-1193	36	19	they	they	PRON
issue-1193	36	20	can	can	AUX
issue-1193	36	21	both	both	PRON
issue-1193	36	22	complement	complement	VERB
issue-1193	36	23	each	each	DET
issue-1193	36	24	other	other	ADJ
issue-1193	36	25	and	and	CCONJ
issue-1193	36	26	substitute	substitute	NOUN
issue-1193	36	27	for	for	ADP
issue-1193	36	28	each	each	DET
issue-1193	36	29	other	other	ADJ
issue-1193	36	30	.	.	PUNCT
issue-1193	37	1	from	from	ADP
issue-1193	37	2	the	the	DET
issue-1193	37	3	“	"	PUNCT
issue-1193	37	4	money	money	NOUN
issue-1193	37	5	demand	demand	NOUN
issue-1193	37	6	”	"	PUNCT
issue-1193	37	7	point	point	NOUN
issue-1193	37	8	of	of	ADP
issue-1193	37	9	view	view	NOUN
issue-1193	37	10	,	,	PUNCT
issue-1193	37	11	the	the	DET
issue-1193	37	12	modigliani	modigliani	PROPN
issue-1193	37	13	-	-	PUNCT
issue-1193	37	14	miller	miller	PROPN
issue-1193	37	15	theorem	theorem	ADJ
issue-1193	37	16	states	state	NOUN
issue-1193	37	17	that	that	SCONJ
issue-1193	37	18	in	in	ADP
issue-1193	37	19	a	a	DET
issue-1193	37	20	condition	condition	NOUN
issue-1193	37	21	of	of	ADP
issue-1193	37	22	perfect	perfect	ADJ
issue-1193	37	23	market	market	NOUN
issue-1193	37	24	with	with	ADP
issue-1193	37	25	symmetric	symmetric	ADJ
issue-1193	37	26	information	information	NOUN
issue-1193	37	27	,	,	PUNCT
issue-1193	37	28	the	the	DET
issue-1193	37	29	market	market	NOUN
issue-1193	37	30	value	value	NOUN
issue-1193	37	31	of	of	ADP
issue-1193	37	32	all	all	DET
issue-1193	37	33	securities	security	NOUN
issue-1193	37	34	issued	issue	VERB
issue-1193	37	35	by	by	ADP
issue-1193	37	36	a	a	DET
issue-1193	37	37	firm	firm	NOUN
issue-1193	37	38	does	do	AUX
issue-1193	37	39	not	not	PART
issue-1193	37	40	depend	depend	VERB
issue-1193	37	41	on	on	ADP
issue-1193	37	42	the	the	DET
issue-1193	37	43	funding	funding	NOUN
issue-1193	37	44	sources	source	NOUN
issue-1193	37	45	of	of	ADP
issue-1193	37	46	the	the	DET
issue-1193	37	47	firm	firm	NOUN
issue-1193	37	48	and	and	CCONJ
issue-1193	37	49	,	,	PUNCT
issue-1193	37	50	accordingly	accordingly	ADV
issue-1193	37	51	,	,	PUNCT
issue-1193	37	52	firms	firm	NOUN
issue-1193	37	53	can	can	AUX
issue-1193	37	54	raise	raise	VERB
issue-1193	37	55	capital	capital	NOUN
issue-1193	37	56	through	through	ADP
issue-1193	37	57	both	both	CCONJ
issue-1193	37	58	the	the	DET
issue-1193	37	59	stock	stock	NOUN
issue-1193	37	60	market	market	NOUN
issue-1193	37	61	and	and	CCONJ
issue-1193	37	62	the	the	DET
issue-1193	37	63	banking	banking	NOUN
issue-1193	37	64	sector	sector	NOUN
issue-1193	37	65	.	.	PUNCT
issue-1193	38	1	however	however	ADV
issue-1193	38	2	,	,	PUNCT
issue-1193	38	3	asymmetric	asymmetric	ADJ
issue-1193	38	4	and	and	CCONJ
issue-1193	38	5	imperfect	imperfect	ADJ
issue-1193	38	6	information	information	NOUN
issue-1193	38	7	prevails	prevail	VERB
issue-1193	38	8	in	in	ADP
issue-1193	38	9	the	the	DET
issue-1193	38	10	real	real	ADJ
issue-1193	38	11	world	world	NOUN
issue-1193	38	12	.	.	PUNCT
issue-1193	39	1	some	some	DET
issue-1193	39	2	countries	country	NOUN
issue-1193	39	3	distort	distort	VERB
issue-1193	39	4	funding	funding	NOUN
issue-1193	39	5	sources	source	NOUN
issue-1193	39	6	through	through	ADP
issue-1193	39	7	taxes	taxis	NOUN
issue-1193	39	8	,	,	PUNCT
issue-1193	39	9	subsidies	subsidy	NOUN
issue-1193	39	10	,	,	PUNCT
issue-1193	39	11	and	and	CCONJ
issue-1193	39	12	certain	certain	ADJ
issue-1193	39	13	rules	rule	NOUN
issue-1193	39	14	.	.	PUNCT
issue-1193	40	1	thus	thus	ADV
issue-1193	40	2	,	,	PUNCT
issue-1193	40	3	debt	debt	NOUN
issue-1193	40	4	or	or	CCONJ
issue-1193	40	5	equity	equity	NOUN
issue-1193	40	6	financing	financing	NOUN
issue-1193	40	7	is	be	AUX
issue-1193	40	8	irrelevant	irrelevant	ADJ
issue-1193	40	9	.	.	PUNCT
issue-1193	41	1	from	from	ADP
issue-1193	41	2	a	a	DET
issue-1193	41	3	“	"	PUNCT
issue-1193	41	4	money	money	NOUN
issue-1193	41	5	supply	supply	NOUN
issue-1193	41	6	”	"	PUNCT
issue-1193	41	7	perspective	perspective	NOUN
issue-1193	41	8	,	,	PUNCT
issue-1193	41	9	the	the	DET
issue-1193	41	10	relationship	relationship	NOUN
issue-1193	41	11	between	between	ADP
issue-1193	41	12	the	the	DET
issue-1193	41	13	stock	stock	NOUN
issue-1193	41	14	market	market	NOUN
issue-1193	41	15	and	and	CCONJ
issue-1193	41	16	the	the	DET
issue-1193	41	17	banking	banking	NOUN
issue-1193	41	18	sector	sector	NOUN
issue-1193	41	19	may	may	AUX
issue-1193	41	20	be	be	AUX
issue-1193	41	21	negative	negative	ADJ
issue-1193	41	22	in	in	ADP
issue-1193	41	23	the	the	DET
issue-1193	41	24	short	short	ADJ
issue-1193	41	25	run	run	NOUN
issue-1193	41	26	because	because	SCONJ
issue-1193	41	27	of	of	ADP
issue-1193	41	28	the	the	DET
issue-1193	41	29	arbitrage	arbitrage	NOUN
issue-1193	41	30	between	between	ADP
issue-1193	41	31	interest	interest	NOUN
issue-1193	41	32	rates	rate	NOUN
issue-1193	41	33	and	and	CCONJ
issue-1193	41	34	stock	stock	NOUN
issue-1193	41	35	market	market	NOUN
issue-1193	41	36	returns	return	NOUN
issue-1193	41	37	but	but	CCONJ
issue-1193	41	38	in	in	ADP
issue-1193	41	39	the	the	DET
issue-1193	41	40	medium	medium	NOUN
issue-1193	41	41	to	to	ADP
issue-1193	41	42	long	long	ADV
issue-1193	41	43	-	-	PUNCT
issue-1193	41	44	run	run	VERB
issue-1193	41	45	investors	investor	NOUN
issue-1193	41	46	are	be	AUX
issue-1193	41	47	likely	likely	ADJ
issue-1193	41	48	to	to	PART
issue-1193	41	49	want	want	VERB
issue-1193	41	50	to	to	PART
issue-1193	41	51	diversify	diversify	VERB
issue-1193	41	52	their	their	PRON
issue-1193	41	53	financial	financial	ADJ
issue-1193	41	54	assets	asset	NOUN
issue-1193	41	55	and	and	CCONJ
issue-1193	41	56	allocate	allocate	VERB
issue-1193	41	57	them	they	PRON
issue-1193	41	58	between	between	ADP
issue-1193	41	59	the	the	DET
issue-1193	41	60	banking	banking	NOUN
issue-1193	41	61	sector	sector	NOUN
issue-1193	41	62	and	and	CCONJ
issue-1193	41	63	the	the	DET
issue-1193	41	64	stock	stock	NOUN
issue-1193	41	65	market	market	NOUN
issue-1193	41	66	.	.	PUNCT
issue-1193	42	1	question	question	NOUN
issue-1193	42	2	of	of	ADP
issue-1193	42	3	supplement	supplement	NOUN
issue-1193	42	4	or	or	CCONJ
issue-1193	42	5	replace	replace	VERB
issue-1193	42	6	the	the	DET
issue-1193	42	7	banking	banking	NOUN
issue-1193	42	8	sector	sector	NOUN
issue-1193	42	9	and	and	CCONJ
issue-1193	42	10	the	the	DET
issue-1193	42	11	stock	stock	NOUN
issue-1193	42	12	market	market	NOUN
issue-1193	42	13	depends	depend	VERB
issue-1193	42	14	on	on	ADP
issue-1193	42	15	the	the	DET
issue-1193	42	16	debt	debt	NOUN
issue-1193	42	17	or	or	CCONJ
issue-1193	42	18	equity	equity	NOUN
issue-1193	42	19	financing	financing	NOUN
issue-1193	42	20	incentives	incentive	VERB
issue-1193	42	21	specific	specific	ADJ
issue-1193	42	22	to	to	ADP
issue-1193	42	23	each	each	DET
issue-1193	42	24	individual	individual	ADJ
issue-1193	42	25	country	country	NOUN
issue-1193	42	26	(	(	PUNCT
issue-1193	42	27	garcia	garcia	PROPN
issue-1193	42	28	,	,	PUNCT
issue-1193	42	29	liu	liu	PROPN
issue-1193	42	30	,	,	PUNCT
issue-1193	42	31	1999	1999	NUM
issue-1193	42	32	)	)	PUNCT
issue-1193	42	33	.	.	PUNCT
issue-1193	43	1	the	the	DET
issue-1193	43	2	question	question	NOUN
issue-1193	43	3	of	of	ADP
issue-1193	43	4	“	"	PUNCT
issue-1193	43	5	complementing	complement	VERB
issue-1193	43	6	or	or	CCONJ
issue-1193	43	7	replacing	replace	VERB
issue-1193	43	8	”	"	PUNCT
issue-1193	43	9	the	the	DET
issue-1193	43	10	banking	banking	NOUN
issue-1193	43	11	sector	sector	NOUN
issue-1193	43	12	and	and	CCONJ
issue-1193	43	13	the	the	DET
issue-1193	43	14	stock	stock	NOUN
issue-1193	43	15	market	market	NOUN
issue-1193	43	16	has	have	AUX
issue-1193	43	17	been	be	AUX
issue-1193	43	18	studied	study	VERB
issue-1193	43	19	by	by	ADP
issue-1193	43	20	many	many	ADJ
issue-1193	43	21	economists	economist	NOUN
issue-1193	43	22	.	.	PUNCT
issue-1193	44	1	for	for	ADP
issue-1193	44	2	example	example	NOUN
issue-1193	44	3	,	,	PUNCT
issue-1193	44	4	boyd	boyd	PROPN
issue-1193	44	5	and	and	CCONJ
issue-1193	44	6	smith	smith	PROPN
issue-1193	44	7	(	(	PUNCT
issue-1193	44	8	1996	1996	NUM
issue-1193	44	9	)	)	PUNCT
issue-1193	44	10	believe	believe	VERB
issue-1193	44	11	that	that	SCONJ
issue-1193	44	12	stock	stock	NOUN
issue-1193	44	13	markets	market	NOUN
issue-1193	44	14	and	and	CCONJ
issue-1193	44	15	the	the	DET
issue-1193	44	16	banking	banking	NOUN
issue-1193	44	17	sector	sector	NOUN
issue-1193	44	18	can	can	AUX
issue-1193	44	19	complement	complement	VERB
issue-1193	44	20	,	,	PUNCT
issue-1193	44	21	rather	rather	ADV
issue-1193	44	22	than	than	ADP
issue-1193	44	23	replace	replace	VERB
issue-1193	44	24	,	,	PUNCT
issue-1193	44	25	each	each	DET
issue-1193	44	26	other	other	ADJ
issue-1193	44	27	as	as	ADP
issue-1193	44	28	sources	source	NOUN
issue-1193	44	29	of	of	ADP
issue-1193	44	30	finance	finance	NOUN
issue-1193	44	31	.	.	PUNCT
issue-1193	45	1	demirguc	demirguc	PROPN
issue-1193	45	2	-	-	PUNCT
issue-1193	45	3	kunt	kunt	PROPN
issue-1193	45	4	and	and	CCONJ
issue-1193	45	5	levine	levine	PROPN
issue-1193	45	6	(	(	PUNCT
issue-1193	45	7	1996	1996	NUM
issue-1193	45	8	)	)	PUNCT
issue-1193	45	9	showed	show	VERB
issue-1193	45	10	that	that	SCONJ
issue-1193	45	11	countries	country	NOUN
issue-1193	45	12	with	with	ADP
issue-1193	45	13	well	well	ADV
issue-1193	45	14	-	-	PUNCT
issue-1193	45	15	developed	develop	VERB
issue-1193	45	16	financial	financial	ADJ
issue-1193	45	17	intermediaries	intermediary	NOUN
issue-1193	45	18	as	as	ADP
issue-1193	45	19	a	a	DET
issue-1193	45	20	rule	rule	NOUN
issue-1193	45	21	have	have	VERB
issue-1193	45	22	well	well	ADV
issue-1193	45	23	-	-	PUNCT
issue-1193	45	24	developed	develop	VERB
issue-1193	45	25	stock	stock	NOUN
issue-1193	45	26	markets	market	NOUN
issue-1193	45	27	.	.	PUNCT
issue-1193	46	1	accordingly	accordingly	ADV
issue-1193	46	2	,	,	PUNCT
issue-1193	46	3	they	they	PRON
issue-1193	46	4	concluded	conclude	VERB
issue-1193	46	5	that	that	SCONJ
issue-1193	46	6	stock	stock	NOUN
issue-1193	46	7	markets	market	NOUN
issue-1193	46	8	and	and	CCONJ
issue-1193	46	9	the	the	DET
issue-1193	46	10	banking	banking	NOUN
issue-1193	46	11	sector	sector	NOUN
issue-1193	46	12	complement	complement	VERB
issue-1193	46	13	each	each	DET
issue-1193	46	14	other	other	ADJ
issue-1193	46	15	and	and	CCONJ
issue-1193	46	16	exhibit	exhibit	VERB
issue-1193	46	17	simultaneous	simultaneous	ADJ
issue-1193	46	18	growth	growth	NOUN
issue-1193	46	19	(	(	PUNCT
issue-1193	46	20	demirguc	demirguc	PROPN
issue-1193	46	21	-	-	PUNCT
issue-1193	46	22	kunt	kunt	PROPN
issue-1193	46	23	,	,	PUNCT
issue-1193	46	24	levine	levine	PROPN
issue-1193	46	25	,	,	PUNCT
issue-1193	46	26	1996	1996	NUM
issue-1193	46	27	)	)	PUNCT
issue-1193	46	28	.	.	PUNCT
issue-1193	47	1	stock	stock	NOUN
issue-1193	47	2	markets	market	NOUN
issue-1193	47	3	tend	tend	VERB
issue-1193	47	4	to	to	PART
issue-1193	47	5	complement	complement	VERB
issue-1193	47	6	,	,	PUNCT
issue-1193	47	7	not	not	PART
issue-1193	47	8	replace	replace	VERB
issue-1193	47	9	,	,	PUNCT
issue-1193	47	10	bank	bank	NOUN
issue-1193	47	11	lending	lending	NOUN
issue-1193	47	12	and	and	CCONJ
issue-1193	47	13	bond	bond	NOUN
issue-1193	47	14	issuance	issuance	NOUN
issue-1193	47	15	.	.	PUNCT
issue-1193	48	1	with	with	ADP
issue-1193	48	2	stock	stock	NOUN
issue-1193	48	3	market	market	NOUN
issue-1193	48	4	liquidity	liquidity	NOUN
issue-1193	48	5	growth	growth	NOUN
issue-1193	48	6	in	in	ADP
issue-1193	48	7	developing	develop	VERB
issue-1193	48	8	countries	country	NOUN
issue-1193	48	9	also	also	ADV
issue-1193	48	10	increase	increase	VERB
issue-1193	48	11	the	the	DET
issue-1193	48	12	sum	sum	NOUN
issue-1193	48	13	of	of	ADP
issue-1193	48	14	capital	capital	NOUN
issue-1193	48	15	raised	raise	VERB
issue-1193	48	16	through	through	ADP
issue-1193	48	17	bond	bond	NOUN
issue-1193	48	18	issues	issue	NOUN
issue-1193	48	19	and	and	CCONJ
issue-1193	48	20	bank	bank	NOUN
issue-1193	48	21	loans	loan	NOUN
issue-1193	48	22	(	(	PUNCT
issue-1193	48	23	levine	levine	PROPN
issue-1193	48	24	,	,	PUNCT
issue-1193	48	25	1996	1996	NUM
issue-1193	48	26	)	)	PUNCT
issue-1193	48	27	.	.	PUNCT
issue-1193	49	1	according	accord	VERB
issue-1193	49	2	to	to	ADP
issue-1193	49	3	yartey	yartey	PROPN
issue-1193	49	4	(	(	PUNCT
issue-1193	49	5	2008	2008	NUM
issue-1193	49	6	)	)	PUNCT
issue-1193	49	7	,	,	PUNCT
issue-1193	49	8	a	a	DET
issue-1193	49	9	well	well	ADV
issue-1193	49	10	-	-	PUNCT
issue-1193	49	11	developed	develop	VERB
issue-1193	49	12	banking	banking	NOUN
issue-1193	49	13	sector	sector	NOUN
issue-1193	49	14	is	be	AUX
issue-1193	49	15	an	an	DET
issue-1193	49	16	important	important	ADJ
issue-1193	49	17	element	element	NOUN
issue-1193	49	18	in	in	ADP
issue-1193	49	19	the	the	DET
issue-1193	49	20	development	development	NOUN
issue-1193	49	21	of	of	ADP
issue-1193	49	22	the	the	DET
issue-1193	49	23	stock	stock	NOUN
issue-1193	49	24	market	market	NOUN
issue-1193	49	25	in	in	ADP
issue-1193	49	26	developing	develop	VERB
issue-1193	49	27	countries	country	NOUN
issue-1193	49	28	.	.	PUNCT
issue-1193	50	1	in	in	ADP
issue-1193	50	2	its	its	PRON
issue-1193	50	3	initial	initial	ADJ
issue-1193	50	4	stages	stage	NOUN
issue-1193	50	5	,	,	PUNCT
issue-1193	50	6	the	the	DET
issue-1193	50	7	stock	stock	NOUN
issue-1193	50	8	market	market	NOUN
issue-1193	50	9	is	be	AUX
issue-1193	50	10	a	a	DET
issue-1193	50	11	complement	complement	NOUN
issue-1193	50	12	to	to	ADP
issue-1193	50	13	,	,	PUNCT
issue-1193	50	14	not	not	PART
issue-1193	50	15	a	a	DET
issue-1193	50	16	substitute	substitute	NOUN
issue-1193	50	17	for	for	ADP
issue-1193	50	18	,	,	PUNCT
issue-1193	50	19	the	the	DET
issue-1193	50	20	banking	banking	NOUN
issue-1193	50	21	sector	sector	NOUN
issue-1193	50	22	.	.	PUNCT
issue-1193	51	1	accordingly	accordingly	ADV
issue-1193	51	2	,	,	PUNCT
issue-1193	51	3	the	the	DET
issue-1193	51	4	development	development	NOUN
issue-1193	51	5	of	of	ADP
issue-1193	51	6	the	the	DET
issue-1193	51	7	banking	banking	NOUN
issue-1193	51	8	sector	sector	NOUN
issue-1193	51	9	can	can	AUX
issue-1193	51	10	contribute	contribute	VERB
issue-1193	51	11	to	to	ADP
issue-1193	51	12	the	the	DET
issue-1193	51	13	development	development	NOUN
issue-1193	51	14	of	of	ADP
issue-1193	51	15	the	the	DET
issue-1193	51	16	stock	stock	NOUN
issue-1193	51	17	market	market	NOUN
issue-1193	51	18	.	.	PUNCT
issue-1193	52	1	however	however	ADV
issue-1193	52	2	,	,	PUNCT
issue-1193	52	3	when	when	SCONJ
issue-1193	52	4	stock	stock	NOUN
issue-1193	52	5	markets	market	NOUN
issue-1193	52	6	become	become	VERB
issue-1193	52	7	sufficiently	sufficiently	ADV
issue-1193	52	8	developed	develop	VERB
issue-1193	52	9	,	,	PUNCT
issue-1193	52	10	they	they	PRON
issue-1193	52	11	tend	tend	VERB
issue-1193	52	12	to	to	PART
issue-1193	52	13	compete	compete	VERB
issue-1193	52	14	with	with	ADP
issue-1193	52	15	the	the	DET
issue-1193	52	16	banking	banking	NOUN
issue-1193	52	17	sector	sector	NOUN
issue-1193	52	18	.	.	PUNCT
issue-1193	53	1	yartey	yartey	PROPN
issue-1193	53	2	concluded	conclude	VERB
issue-1193	53	3	that	that	SCONJ
issue-1193	53	4	a	a	DET
issue-1193	53	5	significant	significant	ADJ
issue-1193	53	6	level	level	NOUN
issue-1193	53	7	of	of	ADP
issue-1193	53	8	banking	banking	NOUN
issue-1193	53	9	sector	sector	NOUN
issue-1193	53	10	development	development	NOUN
issue-1193	53	11	can	can	AUX
issue-1193	53	12	lead	lead	VERB
issue-1193	53	13	to	to	ADP
issue-1193	53	14	interchangeability	interchangeability	NOUN
issue-1193	53	15	between	between	ADP
issue-1193	53	16	bank	bank	NOUN
issue-1193	53	17	credit	credit	NOUN
issue-1193	53	18	and	and	CCONJ
issue-1193	53	19	equity	equity	NOUN
issue-1193	53	20	issuance	issuance	NOUN
issue-1193	53	21	(	(	PUNCT
issue-1193	53	22	yartey	yartey	PROPN
issue-1193	53	23	,	,	PUNCT
issue-1193	53	24	2008	2008	NUM
issue-1193	53	25	)	)	PUNCT
issue-1193	53	26	.	.	PUNCT
issue-1193	54	1	3	3	X
issue-1193	54	2	.	.	X
issue-1193	54	3	the	the	DET
issue-1193	54	4	relationship	relationship	NOUN
issue-1193	54	5	between	between	ADP
issue-1193	54	6	the	the	DET
issue-1193	54	7	stock	stock	NOUN
issue-1193	54	8	market	market	NOUN
issue-1193	54	9	development	development	NOUN
issue-1193	54	10	and	and	CCONJ
issue-1193	54	11	economic	economic	ADJ
issue-1193	54	12	growth	growth	NOUN
issue-1193	54	13	economists	economist	NOUN
issue-1193	54	14	also	also	ADV
issue-1193	54	15	have	have	VERB
issue-1193	54	16	different	different	ADJ
issue-1193	54	17	approaches	approach	NOUN
issue-1193	54	18	to	to	ADP
issue-1193	54	19	explaining	explain	VERB
issue-1193	54	20	the	the	DET
issue-1193	54	21	relationship	relationship	NOUN
issue-1193	54	22	between	between	ADP
issue-1193	54	23	the	the	DET
issue-1193	54	24	development	development	NOUN
issue-1193	54	25	of	of	ADP
issue-1193	54	26	the	the	DET
issue-1193	54	27	financial	financial	ADJ
issue-1193	54	28	sector	sector	NOUN
issue-1193	54	29	in	in	ADP
issue-1193	54	30	general	general	ADJ
issue-1193	54	31	,	,	PUNCT
issue-1193	54	32	the	the	DET
issue-1193	54	33	stock	stock	NOUN
issue-1193	54	34	market	market	NOUN
issue-1193	54	35	and	and	CCONJ
issue-1193	54	36	economic	economic	ADJ
issue-1193	54	37	growth	growth	NOUN
issue-1193	54	38	in	in	ADP
issue-1193	54	39	particular	particular	ADJ
issue-1193	54	40	.	.	PUNCT
issue-1193	55	1	gurley	gurley	PROPN
issue-1193	55	2	and	and	CCONJ
issue-1193	55	3	shaw	shaw	PROPN
issue-1193	55	4	(	(	PUNCT
issue-1193	55	5	1955	1955	NUM
issue-1193	55	6	,	,	PUNCT
issue-1193	55	7	1960	1960	NUM
issue-1193	55	8	)	)	PUNCT
issue-1193	55	9	,	,	PUNCT
issue-1193	55	10	and	and	CCONJ
issue-1193	55	11	goldsmith	goldsmith	PROPN
issue-1193	55	12	(	(	PUNCT
issue-1193	55	13	1969	1969	NUM
issue-1193	55	14	)	)	PUNCT
issue-1193	55	15	have	have	AUX
issue-1193	55	16	shown	show	VERB
issue-1193	55	17	that	that	SCONJ
issue-1193	55	18	economic	economic	ADJ
issue-1193	55	19	growth	growth	NOUN
issue-1193	55	20	stimulates	stimulate	VERB
issue-1193	55	21	financial	financial	ADJ
issue-1193	55	22	development	development	NOUN
issue-1193	55	23	.	.	PUNCT
issue-1193	56	1	the	the	DET
issue-1193	56	2	constant	constant	ADJ
issue-1193	56	3	expansion	expansion	NOUN
issue-1193	56	4	of	of	ADP
issue-1193	56	5	the	the	DET
issue-1193	56	6	economy	economy	NOUN
issue-1193	56	7	requires	require	VERB
issue-1193	56	8	additional	additional	ADJ
issue-1193	56	9	financial	financial	ADJ
issue-1193	56	10	services	service	NOUN
issue-1193	56	11	and	and	CCONJ
issue-1193	56	12	new	new	ADJ
issue-1193	56	13	tools	tool	NOUN
issue-1193	56	14	.	.	PUNCT
issue-1193	57	1	economic	economic	ADJ
issue-1193	57	2	development	development	NOUN
issue-1193	57	3	leads	lead	VERB
issue-1193	57	4	to	to	ADP
issue-1193	57	5	the	the	DET
issue-1193	57	6	development	development	NOUN
issue-1193	57	7	and	and	CCONJ
issue-1193	57	8	improvement	improvement	NOUN
issue-1193	57	9	of	of	ADP
issue-1193	57	10	the	the	DET
issue-1193	57	11	financial	financial	ADJ
issue-1193	57	12	system	system	NOUN
issue-1193	57	13	.	.	PUNCT
issue-1193	58	1	at	at	ADP
issue-1193	58	2	low	low	ADJ
issue-1193	58	3	levels	level	NOUN
issue-1193	58	4	of	of	ADP
issue-1193	58	5	development	development	NOUN
issue-1193	58	6	commercial	commercial	ADJ
issue-1193	58	7	banks	bank	NOUN
issue-1193	58	8	are	be	AUX
issue-1193	58	9	the	the	DET
issue-1193	58	10	dominant	dominant	ADJ
issue-1193	58	11	financial	financial	ADJ
issue-1193	58	12	institutions	institution	NOUN
issue-1193	58	13	.	.	PUNCT
issue-1193	59	1	as	as	SCONJ
issue-1193	59	2	economies	economy	NOUN
issue-1193	59	3	grow	grow	VERB
issue-1193	59	4	,	,	PUNCT
issue-1193	59	5	however	however	ADV
issue-1193	59	6	,	,	PUNCT
issue-1193	59	7	specialized	specialized	ADJ
issue-1193	59	8	financial	financial	ADJ
issue-1193	59	9	intermediaries	intermediary	NOUN
issue-1193	59	10	and	and	CCONJ
issue-1193	59	11	equity	equity	NOUN
issue-1193	59	12	markets	market	NOUN
issue-1193	59	13	develop	develop	VERB
issue-1193	59	14	and	and	CCONJ
issue-1193	59	15	prosper	prosper	VERB
issue-1193	59	16	.	.	PUNCT
issue-1193	60	1	(	(	PUNCT
issue-1193	60	2	gurley	gurley	PROPN
issue-1193	60	3	,	,	PUNCT
issue-1193	60	4	shaw	shaw	PROPN
issue-1193	60	5	,	,	PUNCT
issue-1193	60	6	1955	1955	NUM
issue-1193	60	7	,	,	PUNCT
issue-1193	60	8	1960	1960	NUM
issue-1193	60	9	)	)	PUNCT
issue-1193	60	10	.	.	PUNCT
issue-1193	61	1	goldsmith	goldsmith	PROPN
issue-1193	61	2	(	(	PUNCT
issue-1193	61	3	1969	1969	NUM
issue-1193	61	4	)	)	PUNCT
issue-1193	61	5	established	establish	VERB
issue-1193	61	6	a	a	DET
issue-1193	61	7	positive	positive	ADJ
issue-1193	61	8	relationship	relationship	NOUN
issue-1193	61	9	between	between	ADP
issue-1193	61	10	the	the	DET
issue-1193	61	11	level	level	NOUN
issue-1193	61	12	of	of	ADP
issue-1193	61	13	financial	financial	ADJ
issue-1193	61	14	development	development	NOUN
issue-1193	61	15	and	and	CCONJ
issue-1193	61	16	the	the	DET
issue-1193	61	17	level	level	NOUN
issue-1193	61	18	of	of	ADP
issue-1193	61	19	economic	economic	ADJ
issue-1193	61	20	activity	activity	NOUN
issue-1193	61	21	,	,	PUNCT
issue-1193	61	22	but	but	CCONJ
issue-1193	61	23	he	he	PRON
issue-1193	61	24	failed	fail	VERB
issue-1193	61	25	to	to	PART
issue-1193	61	26	establish	establish	VERB
issue-1193	61	27	a	a	DET
issue-1193	61	28	causal	causal	ADJ
issue-1193	61	29	relationship	relationship	NOUN
issue-1193	61	30	between	between	ADP
issue-1193	61	31	these	these	DET
issue-1193	61	32	indicators	indicator	NOUN
issue-1193	61	33	.	.	PUNCT
issue-1193	62	1	later	later	ADV
issue-1193	62	2	on	on	ADV
issue-1193	62	3	,	,	PUNCT
issue-1193	62	4	mckinnon	mckinnon	PROPN
issue-1193	62	5	(	(	PUNCT
issue-1193	62	6	1973	1973	NUM
issue-1193	62	7	)	)	PUNCT
issue-1193	62	8	,	,	PUNCT
issue-1193	62	9	shaw	shaw	NOUN
issue-1193	62	10	(	(	PUNCT
issue-1193	62	11	1973	1973	NUM
issue-1193	62	12	)	)	PUNCT
issue-1193	62	13	,	,	PUNCT
issue-1193	62	14	king	king	NOUN
issue-1193	62	15	and	and	CCONJ
issue-1193	62	16	levine	levine	PROPN
issue-1193	62	17	(	(	PUNCT
issue-1193	62	18	1993	1993	NUM
issue-1193	62	19	)	)	PUNCT
issue-1193	62	20	concluded	conclude	VERB
issue-1193	62	21	in	in	ADP
issue-1193	62	22	their	their	PRON
issue-1193	62	23	researches	research	NOUN
issue-1193	62	24	that	that	SCONJ
issue-1193	62	25	the	the	DET
issue-1193	62	26	creation	creation	NOUN
issue-1193	62	27	of	of	ADP
issue-1193	62	28	financial	financial	ADJ
issue-1193	62	29	institutions	institution	NOUN
issue-1193	62	30	and	and	CCONJ
issue-1193	62	31	markets	market	NOUN
issue-1193	62	32	increases	increase	VERB
issue-1193	62	33	the	the	DET
issue-1193	62	34	supply	supply	NOUN
issue-1193	62	35	of	of	ADP
issue-1193	62	36	financial	financial	ADJ
issue-1193	62	37	services	service	NOUN
issue-1193	62	38	.	.	PUNCT
issue-1193	63	1	the	the	DET
issue-1193	63	2	financial	financial	ADJ
issue-1193	63	3	sector	sector	NOUN
issue-1193	63	4	increases	increase	VERB
issue-1193	63	5	savings	saving	NOUN
issue-1193	63	6	and	and	CCONJ
issue-1193	63	7	channels	channel	VERB
issue-1193	63	8	them	they	PRON
issue-1193	63	9	into	into	ADP
issue-1193	63	10	more	more	ADV
issue-1193	63	11	productive	productive	ADJ
issue-1193	63	12	investments	investment	NOUN
issue-1193	63	13	.	.	PUNCT
issue-1193	64	1	accordingly	accordingly	ADV
issue-1193	64	2	,	,	PUNCT
issue-1193	64	3	financial	financial	ADJ
issue-1193	64	4	development	development	NOUN
issue-1193	64	5	can	can	AUX
issue-1193	64	6	stimulate	stimulate	VERB
issue-1193	64	7	economic	economic	ADJ
issue-1193	64	8	growth	growth	NOUN
issue-1193	64	9	.	.	PUNCT
issue-1193	65	1	according	accord	VERB
issue-1193	65	2	to	to	ADP
issue-1193	65	3	the	the	DET
issue-1193	65	4	point	point	NOUN
issue-1193	65	5	of	of	ADP
issue-1193	65	6	view	view	NOUN
issue-1193	65	7	,	,	PUNCT
issue-1193	65	8	which	which	PRON
issue-1193	65	9	is	be	AUX
issue-1193	65	10	currently	currently	ADV
issue-1193	65	11	held	hold	VERB
issue-1193	65	12	by	by	ADP
issue-1193	65	13	an	an	DET
issue-1193	65	14	increasing	increase	VERB
issue-1193	65	15	number	number	NOUN
issue-1193	65	16	of	of	ADP
issue-1193	65	17	modern	modern	ADJ
issue-1193	65	18	economists	economist	NOUN
issue-1193	65	19	,	,	PUNCT
issue-1193	65	20	financial	financial	ADJ
issue-1193	65	21	development	development	NOUN
issue-1193	65	22	and	and	CCONJ
issue-1193	65	23	economic	economic	ADJ
issue-1193	65	24	growth	growth	NOUN
issue-1193	65	25	influence	influence	NOUN
issue-1193	65	26	each	each	DET
issue-1193	65	27	other	other	ADJ
issue-1193	65	28	(	(	PUNCT
issue-1193	65	29	garcia	garcia	PROPN
issue-1193	65	30	,	,	PUNCT
issue-1193	65	31	liu	liu	PROPN
issue-1193	65	32	,	,	PUNCT
issue-1193	65	33	1999	1999	NUM
issue-1193	65	34	)	)	PUNCT
issue-1193	65	35	.	.	PUNCT
issue-1193	66	1	baltic	baltic	PROPN
issue-1193	66	2	journal	journal	PROPN
issue-1193	66	3	of	of	ADP
issue-1193	66	4	economic	economic	ADJ
issue-1193	66	5	studies	study	NOUN
issue-1193	66	6	120	120	NUM
issue-1193	66	7	vol	vol	NOUN
issue-1193	66	8	.	.	PUNCT
issue-1193	67	1	7	7	NUM
issue-1193	67	2	,	,	PUNCT
issue-1193	67	3	no	no	INTJ
issue-1193	67	4	.	.	NOUN
issue-1193	67	5	3	3	NUM
issue-1193	67	6	,	,	PUNCT
issue-1193	67	7	2021	2021	NUM
issue-1193	67	8	there	there	PRON
issue-1193	67	9	are	be	VERB
issue-1193	67	10	also	also	ADV
issue-1193	67	11	different	different	ADJ
issue-1193	67	12	views	view	NOUN
issue-1193	67	13	on	on	ADP
issue-1193	67	14	the	the	DET
issue-1193	67	15	causal	causal	ADJ
issue-1193	67	16	relationship	relationship	NOUN
issue-1193	67	17	between	between	ADP
issue-1193	67	18	economic	economic	ADJ
issue-1193	67	19	growth	growth	NOUN
issue-1193	67	20	and	and	CCONJ
issue-1193	67	21	the	the	DET
issue-1193	67	22	development	development	NOUN
issue-1193	67	23	of	of	ADP
issue-1193	67	24	the	the	DET
issue-1193	67	25	stock	stock	NOUN
issue-1193	67	26	market	market	NOUN
issue-1193	67	27	,	,	PUNCT
issue-1193	67	28	which	which	PRON
issue-1193	67	29	,	,	PUNCT
issue-1193	67	30	in	in	ADP
issue-1193	67	31	our	our	PRON
issue-1193	67	32	opinion	opinion	NOUN
issue-1193	67	33	,	,	PUNCT
issue-1193	67	34	can	can	AUX
issue-1193	67	35	be	be	AUX
issue-1193	67	36	divided	divide	VERB
issue-1193	67	37	into	into	ADP
issue-1193	67	38	three	three	NUM
issue-1193	67	39	main	main	ADJ
issue-1193	67	40	groups	group	NOUN
issue-1193	67	41	.	.	PUNCT
issue-1193	68	1	the	the	DET
issue-1193	68	2	first	first	ADJ
issue-1193	68	3	group	group	NOUN
issue-1193	68	4	,	,	PUNCT
issue-1193	68	5	economists	economist	NOUN
issue-1193	68	6	,	,	PUNCT
issue-1193	68	7	concluded	conclude	VERB
issue-1193	68	8	that	that	SCONJ
issue-1193	68	9	there	there	PRON
issue-1193	68	10	is	be	VERB
issue-1193	68	11	a	a	DET
issue-1193	68	12	bilateral	bilateral	ADJ
issue-1193	68	13	relationship	relationship	NOUN
issue-1193	68	14	between	between	ADP
issue-1193	68	15	stock	stock	NOUN
issue-1193	68	16	market	market	NOUN
issue-1193	68	17	development	development	NOUN
issue-1193	68	18	and	and	CCONJ
issue-1193	68	19	economic	economic	ADJ
issue-1193	68	20	growth	growth	NOUN
issue-1193	68	21	.	.	PUNCT
issue-1193	69	1	this	this	DET
issue-1193	69	2	group	group	NOUN
issue-1193	69	3	includes	include	VERB
issue-1193	69	4	atje	atje	PROPN
issue-1193	69	5	and	and	CCONJ
issue-1193	69	6	jovanovic	jovanovic	PROPN
issue-1193	69	7	(	(	PUNCT
issue-1193	69	8	1993	1993	NUM
issue-1193	69	9	)	)	PUNCT
issue-1193	69	10	,	,	PUNCT
issue-1193	69	11	garcia	garcia	PROPN
issue-1193	69	12	and	and	CCONJ
issue-1193	69	13	liu	liu	PROPN
issue-1193	69	14	(	(	PUNCT
issue-1193	69	15	1999	1999	NUM
issue-1193	69	16	)	)	PUNCT
issue-1193	69	17	,	,	PUNCT
issue-1193	69	18	and	and	CCONJ
issue-1193	69	19	ishioro	ishioro	NOUN
issue-1193	69	20	(	(	PUNCT
issue-1193	69	21	2013	2013	NUM
issue-1193	69	22	)	)	PUNCT
issue-1193	69	23	.	.	PUNCT
issue-1193	70	1	according	accord	VERB
issue-1193	70	2	to	to	ADP
issue-1193	70	3	the	the	DET
issue-1193	70	4	conducted	conduct	VERB
issue-1193	70	5	studies	study	NOUN
issue-1193	70	6	,	,	PUNCT
issue-1193	70	7	the	the	DET
issue-1193	70	8	developed	develop	VERB
issue-1193	70	9	stock	stock	NOUN
issue-1193	70	10	market	market	NOUN
issue-1193	70	11	is	be	AUX
issue-1193	70	12	a	a	DET
issue-1193	70	13	significant	significant	ADJ
issue-1193	70	14	factor	factor	NOUN
issue-1193	70	15	in	in	ADP
issue-1193	70	16	economic	economic	ADJ
issue-1193	70	17	growth	growth	NOUN
issue-1193	70	18	,	,	PUNCT
issue-1193	70	19	technological	technological	ADJ
issue-1193	70	20	progress	progress	NOUN
issue-1193	70	21	,	,	PUNCT
issue-1193	70	22	increasing	increase	VERB
issue-1193	70	23	the	the	DET
issue-1193	70	24	welfare	welfare	NOUN
issue-1193	70	25	of	of	ADP
issue-1193	70	26	the	the	DET
issue-1193	70	27	population	population	NOUN
issue-1193	70	28	.	.	PUNCT
issue-1193	71	1	the	the	DET
issue-1193	71	2	growth	growth	NOUN
issue-1193	71	3	of	of	ADP
issue-1193	71	4	transactions	transaction	NOUN
issue-1193	71	5	mediated	mediate	VERB
issue-1193	71	6	by	by	ADP
issue-1193	71	7	the	the	DET
issue-1193	71	8	stock	stock	NOUN
issue-1193	71	9	market	market	NOUN
issue-1193	71	10	leads	lead	VERB
issue-1193	71	11	to	to	ADP
issue-1193	71	12	the	the	DET
issue-1193	71	13	growth	growth	NOUN
issue-1193	71	14	of	of	ADP
issue-1193	71	15	real	real	ADJ
issue-1193	71	16	incomes	income	NOUN
issue-1193	71	17	of	of	ADP
issue-1193	71	18	the	the	DET
issue-1193	71	19	population	population	NOUN
issue-1193	71	20	.	.	PUNCT
issue-1193	72	1	and	and	CCONJ
issue-1193	72	2	vice	vice	ADV
issue-1193	72	3	versa	versa	ADV
issue-1193	72	4	,	,	PUNCT
issue-1193	72	5	a	a	DET
issue-1193	72	6	significant	significant	ADJ
issue-1193	72	7	growth	growth	NOUN
issue-1193	72	8	of	of	ADP
issue-1193	72	9	income	income	NOUN
issue-1193	72	10	leads	lead	VERB
issue-1193	72	11	to	to	ADP
issue-1193	72	12	the	the	DET
issue-1193	72	13	development	development	NOUN
issue-1193	72	14	of	of	ADP
issue-1193	72	15	the	the	DET
issue-1193	72	16	stock	stock	NOUN
issue-1193	72	17	market	market	NOUN
issue-1193	72	18	.	.	PUNCT
issue-1193	73	1	accordingly	accordingly	ADV
issue-1193	73	2	,	,	PUNCT
issue-1193	73	3	from	from	ADP
issue-1193	73	4	economist	economist	NOUN
issue-1193	73	5	’s	’s	PART
issue-1193	73	6	point	point	NOUN
issue-1193	73	7	of	of	ADP
issue-1193	73	8	view	view	NOUN
issue-1193	73	9	,	,	PUNCT
issue-1193	73	10	with	with	ADP
issue-1193	73	11	the	the	DET
issue-1193	73	12	growth	growth	NOUN
issue-1193	73	13	of	of	ADP
issue-1193	73	14	income	income	NOUN
issue-1193	73	15	,	,	PUNCT
issue-1193	73	16	its	its	PRON
issue-1193	73	17	cyclical	cyclical	ADJ
issue-1193	73	18	component	component	NOUN
issue-1193	73	19	should	should	AUX
issue-1193	73	20	influence	influence	VERB
issue-1193	73	21	the	the	DET
issue-1193	73	22	growth	growth	NOUN
issue-1193	73	23	of	of	ADP
issue-1193	73	24	stock	stock	NOUN
issue-1193	73	25	market	market	NOUN
issue-1193	73	26	volume	volume	NOUN
issue-1193	73	27	and	and	CCONJ
issue-1193	73	28	indices	index	NOUN
issue-1193	73	29	(	(	PUNCT
issue-1193	73	30	garcia	garcia	PROPN
issue-1193	73	31	,	,	PUNCT
issue-1193	73	32	liu	liu	PROPN
issue-1193	73	33	,	,	PUNCT
issue-1193	73	34	1999	1999	NUM
issue-1193	73	35	)	)	PUNCT
issue-1193	73	36	.	.	PUNCT
issue-1193	74	1	the	the	DET
issue-1193	74	2	existence	existence	NOUN
issue-1193	74	3	of	of	ADP
issue-1193	74	4	a	a	DET
issue-1193	74	5	large	large	ADJ
issue-1193	74	6	correlation	correlation	NOUN
issue-1193	74	7	between	between	ADP
issue-1193	74	8	economic	economic	ADJ
issue-1193	74	9	growth	growth	NOUN
issue-1193	74	10	and	and	CCONJ
issue-1193	74	11	stock	stock	NOUN
issue-1193	74	12	market	market	NOUN
issue-1193	74	13	development	development	NOUN
issue-1193	74	14	has	have	AUX
issue-1193	74	15	been	be	AUX
issue-1193	74	16	proven	prove	VERB
issue-1193	74	17	using	use	VERB
issue-1193	74	18	a	a	DET
issue-1193	74	19	stock	stock	NOUN
issue-1193	74	20	market	market	NOUN
issue-1193	74	21	liquidity	liquidity	NOUN
issue-1193	74	22	indicator	indicator	NOUN
issue-1193	74	23	for	for	ADP
issue-1193	74	24	a	a	DET
issue-1193	74	25	sample	sample	NOUN
issue-1193	74	26	of	of	ADP
issue-1193	74	27	40	40	NUM
issue-1193	74	28	countries	country	NOUN
issue-1193	74	29	for	for	ADP
issue-1193	74	30	the	the	DET
issue-1193	74	31	period	period	NOUN
issue-1193	74	32	from	from	ADP
issue-1193	74	33	1980	1980	NUM
issue-1193	74	34	to	to	ADP
issue-1193	74	35	1988	1988	NUM
issue-1193	74	36	(	(	PUNCT
issue-1193	74	37	atje	atje	PROPN
issue-1193	74	38	and	and	CCONJ
issue-1193	74	39	jovanovic	jovanovic	PROPN
issue-1193	74	40	,	,	PUNCT
issue-1193	74	41	1993	1993	NUM
issue-1193	74	42	)	)	PUNCT
issue-1193	74	43	.	.	PUNCT
issue-1193	75	1	the	the	DET
issue-1193	75	2	bilateral	bilateral	ADJ
issue-1193	75	3	relationship	relationship	NOUN
issue-1193	75	4	between	between	ADP
issue-1193	75	5	stock	stock	NOUN
issue-1193	75	6	market	market	NOUN
issue-1193	75	7	development	development	NOUN
issue-1193	75	8	and	and	CCONJ
issue-1193	75	9	economic	economic	ADJ
issue-1193	75	10	growth	growth	NOUN
issue-1193	75	11	has	have	AUX
issue-1193	75	12	been	be	AUX
issue-1193	75	13	investigated	investigate	VERB
issue-1193	75	14	using	use	VERB
issue-1193	75	15	measures	measure	NOUN
issue-1193	75	16	of	of	ADP
issue-1193	75	17	stock	stock	NOUN
issue-1193	75	18	market	market	NOUN
issue-1193	75	19	size	size	NOUN
issue-1193	75	20	as	as	ADV
issue-1193	75	21	well	well	ADV
issue-1193	75	22	as	as	ADP
issue-1193	75	23	stock	stock	NOUN
issue-1193	75	24	market	market	NOUN
issue-1193	75	25	volatility	volatility	NOUN
issue-1193	75	26	(	(	PUNCT
issue-1193	75	27	ishioro	ishioro	NOUN
issue-1193	75	28	,	,	PUNCT
issue-1193	75	29	2013	2013	NUM
issue-1193	75	30	)	)	PUNCT
issue-1193	75	31	.	.	PUNCT
issue-1193	76	1	the	the	DET
issue-1193	76	2	second	second	ADJ
issue-1193	76	3	group	group	NOUN
issue-1193	76	4	of	of	ADP
issue-1193	76	5	economists	economist	NOUN
issue-1193	76	6	made	make	VERB
issue-1193	76	7	the	the	DET
issue-1193	76	8	conclusion	conclusion	NOUN
issue-1193	76	9	that	that	SCONJ
issue-1193	76	10	the	the	DET
issue-1193	76	11	stock	stock	NOUN
issue-1193	76	12	market	market	NOUN
issue-1193	76	13	has	have	AUX
issue-1193	76	14	influence	influence	NOUN
issue-1193	76	15	on	on	ADP
issue-1193	76	16	economic	economic	ADJ
issue-1193	76	17	growth	growth	NOUN
issue-1193	76	18	.	.	PUNCT
issue-1193	77	1	this	this	DET
issue-1193	77	2	group	group	NOUN
issue-1193	77	3	includes	include	VERB
issue-1193	77	4	levine	levine	PROPN
issue-1193	77	5	and	and	CCONJ
issue-1193	77	6	zervos	zervos	PROPN
issue-1193	77	7	(	(	PUNCT
issue-1193	77	8	1996	1996	NUM
issue-1193	77	9	;	;	PUNCT
issue-1193	77	10	1998	1998	NUM
issue-1193	77	11	)	)	PUNCT
issue-1193	77	12	,	,	PUNCT
issue-1193	77	13	masoud	masoud	PROPN
issue-1193	77	14	(	(	PUNCT
issue-1193	77	15	2013	2013	NUM
issue-1193	77	16	)	)	PUNCT
issue-1193	77	17	,	,	PUNCT
issue-1193	77	18	regmi	regmi	VERB
issue-1193	77	19	(	(	PUNCT
issue-1193	77	20	2012	2012	NUM
issue-1193	77	21	)	)	PUNCT
issue-1193	77	22	,	,	PUNCT
issue-1193	77	23	bayar	bayar	PROPN
issue-1193	77	24	,	,	PUNCT
issue-1193	77	25	kaya	kaya	PROPN
issue-1193	77	26	and	and	CCONJ
issue-1193	77	27	yildirim	yildirim	PROPN
issue-1193	77	28	(	(	PUNCT
issue-1193	77	29	2014	2014	NUM
issue-1193	77	30	)	)	PUNCT
issue-1193	77	31	,	,	PUNCT
issue-1193	77	32	azam	azam	PROPN
issue-1193	77	33	,	,	PUNCT
issue-1193	77	34	haseeb	haseeb	PROPN
issue-1193	77	35	,	,	PUNCT
issue-1193	77	36	samsi	samsi	NOUN
issue-1193	77	37	and	and	CCONJ
issue-1193	77	38	raji	raji	PROPN
issue-1193	77	39	(	(	PUNCT
issue-1193	77	40	2016	2016	NUM
issue-1193	77	41	)	)	PUNCT
issue-1193	77	42	.	.	PUNCT
issue-1193	78	1	based	base	VERB
issue-1193	78	2	on	on	ADP
issue-1193	78	3	an	an	DET
issue-1193	78	4	analysis	analysis	NOUN
issue-1193	78	5	of	of	ADP
issue-1193	78	6	data	datum	NOUN
issue-1193	78	7	from	from	ADP
issue-1193	78	8	41	41	NUM
issue-1193	78	9	countries	country	NOUN
issue-1193	78	10	from	from	ADP
issue-1193	78	11	1976	1976	NUM
issue-1193	78	12	to	to	ADP
issue-1193	78	13	1993	1993	NUM
issue-1193	78	14	,	,	PUNCT
issue-1193	78	15	levine	levine	PROPN
issue-1193	78	16	and	and	CCONJ
issue-1193	78	17	zervos	zervos	PROPN
issue-1193	78	18	(	(	PUNCT
issue-1193	78	19	1996	1996	NUM
issue-1193	78	20	)	)	PUNCT
issue-1193	78	21	found	find	VERB
issue-1193	78	22	a	a	DET
issue-1193	78	23	positive	positive	ADJ
issue-1193	78	24	correlation	correlation	NOUN
issue-1193	78	25	between	between	ADP
issue-1193	78	26	stock	stock	NOUN
issue-1193	78	27	market	market	NOUN
issue-1193	78	28	development	development	NOUN
issue-1193	78	29	and	and	CCONJ
issue-1193	78	30	long	long	ADJ
issue-1193	78	31	-	-	PUNCT
issue-1193	78	32	term	term	NOUN
issue-1193	78	33	economic	economic	ADJ
issue-1193	78	34	growth	growth	NOUN
issue-1193	78	35	.	.	PUNCT
issue-1193	79	1	in	in	ADP
issue-1193	79	2	addition	addition	NOUN
issue-1193	79	3	,	,	PUNCT
issue-1193	79	4	the	the	DET
issue-1193	79	5	economists	economist	NOUN
issue-1193	79	6	found	find	VERB
issue-1193	79	7	a	a	DET
issue-1193	79	8	strong	strong	ADJ
issue-1193	79	9	connection	connection	NOUN
issue-1193	79	10	between	between	ADP
issue-1193	79	11	the	the	DET
issue-1193	79	12	predetermined	predetermine	VERB
issue-1193	79	13	component	component	NOUN
issue-1193	79	14	of	of	ADP
issue-1193	79	15	stock	stock	NOUN
issue-1193	79	16	market	market	NOUN
issue-1193	79	17	development	development	NOUN
issue-1193	79	18	and	and	CCONJ
issue-1193	79	19	economic	economic	ADJ
issue-1193	79	20	growth	growth	NOUN
issue-1193	79	21	in	in	ADP
issue-1193	79	22	the	the	DET
issue-1193	79	23	long	long	ADV
issue-1193	79	24	-	-	PUNCT
issue-1193	79	25	run	run	NOUN
issue-1193	79	26	(	(	PUNCT
issue-1193	79	27	levine	levine	PROPN
issue-1193	79	28	,	,	PUNCT
issue-1193	79	29	zervos	zervos	PROPN
issue-1193	79	30	,	,	PUNCT
issue-1193	79	31	1996	1996	NUM
issue-1193	79	32	)	)	PUNCT
issue-1193	79	33	.	.	PUNCT
issue-1193	80	1	the	the	DET
issue-1193	80	2	important	important	ADJ
issue-1193	80	3	role	role	NOUN
issue-1193	80	4	of	of	ADP
issue-1193	80	5	stock	stock	NOUN
issue-1193	80	6	market	market	NOUN
issue-1193	80	7	liquidity	liquidity	NOUN
issue-1193	80	8	is	be	AUX
issue-1193	80	9	also	also	ADV
issue-1193	80	10	substantiated	substantiate	VERB
issue-1193	80	11	in	in	ADP
issue-1193	80	12	levine	levine	PROPN
issue-1193	80	13	and	and	CCONJ
issue-1193	80	14	zervos	zervos	PROPN
issue-1193	80	15	research	research	NOUN
issue-1193	80	16	(	(	PUNCT
issue-1193	80	17	1998	1998	NUM
issue-1193	80	18	)	)	PUNCT
issue-1193	80	19	.	.	PUNCT
issue-1193	81	1	economists	economist	NOUN
issue-1193	81	2	studied	study	VERB
issue-1193	81	3	47	47	NUM
issue-1193	81	4	countries	country	NOUN
issue-1193	81	5	of	of	ADP
issue-1193	81	6	the	the	DET
issue-1193	81	7	world	world	NOUN
issue-1193	81	8	during	during	ADP
issue-1193	81	9	the	the	DET
issue-1193	81	10	period	period	NOUN
issue-1193	81	11	from	from	ADP
issue-1193	81	12	1976	1976	NUM
issue-1193	81	13	to	to	ADP
issue-1193	81	14	1993	1993	NUM
issue-1193	81	15	.	.	PUNCT
issue-1193	82	1	according	accord	VERB
issue-1193	82	2	to	to	ADP
issue-1193	82	3	economists	economist	NOUN
issue-1193	82	4	,	,	PUNCT
issue-1193	82	5	firstly	firstly	ADV
issue-1193	82	6	,	,	PUNCT
issue-1193	82	7	stock	stock	NOUN
issue-1193	82	8	market	market	NOUN
issue-1193	82	9	liquidity	liquidity	NOUN
issue-1193	82	10	is	be	AUX
issue-1193	82	11	positively	positively	ADV
issue-1193	82	12	correlated	correlate	VERB
issue-1193	82	13	with	with	ADP
issue-1193	82	14	current	current	ADJ
issue-1193	82	15	and	and	CCONJ
issue-1193	82	16	future	future	ADJ
issue-1193	82	17	levels	level	NOUN
issue-1193	82	18	of	of	ADP
issue-1193	82	19	economic	economic	ADJ
issue-1193	82	20	growth	growth	NOUN
issue-1193	82	21	,	,	PUNCT
issue-1193	82	22	even	even	ADV
issue-1193	82	23	considering	consider	VERB
issue-1193	82	24	the	the	DET
issue-1193	82	25	presence	presence	NOUN
issue-1193	82	26	of	of	ADP
issue-1193	82	27	other	other	ADJ
issue-1193	82	28	political	political	ADJ
issue-1193	82	29	and	and	CCONJ
issue-1193	82	30	economic	economic	ADJ
issue-1193	82	31	factors	factor	NOUN
issue-1193	82	32	in	in	ADP
issue-1193	82	33	the	the	DET
issue-1193	82	34	model	model	NOUN
issue-1193	82	35	.	.	PUNCT
issue-1193	83	1	according	accord	VERB
issue-1193	83	2	to	to	ADP
issue-1193	83	3	economists	economist	NOUN
issue-1193	83	4	,	,	PUNCT
issue-1193	83	5	a	a	DET
issue-1193	83	6	liquid	liquid	ADJ
issue-1193	83	7	stock	stock	NOUN
issue-1193	83	8	market	market	NOUN
issue-1193	83	9	reduces	reduce	VERB
issue-1193	83	10	the	the	DET
issue-1193	83	11	risks	risk	NOUN
issue-1193	83	12	and	and	CCONJ
issue-1193	83	13	costs	cost	NOUN
issue-1193	83	14	of	of	ADP
issue-1193	83	15	projects	project	NOUN
issue-1193	83	16	that	that	PRON
issue-1193	83	17	pay	pay	VERB
issue-1193	83	18	off	off	ADP
issue-1193	83	19	over	over	ADP
issue-1193	83	20	the	the	DET
issue-1193	83	21	long	long	ADJ
issue-1193	83	22	term	term	NOUN
issue-1193	83	23	,	,	PUNCT
issue-1193	83	24	thereby	thereby	ADV
issue-1193	83	25	ensuring	ensure	VERB
issue-1193	83	26	long	long	ADJ
issue-1193	83	27	-	-	PUNCT
issue-1193	83	28	term	term	NOUN
issue-1193	83	29	investment	investment	NOUN
issue-1193	83	30	.	.	PUNCT
issue-1193	84	1	such	such	ADJ
issue-1193	84	2	projects	project	NOUN
issue-1193	84	3	are	be	AUX
issue-1193	84	4	potentially	potentially	ADV
issue-1193	84	5	more	more	ADV
issue-1193	84	6	profitable	profitable	ADJ
issue-1193	84	7	,	,	PUNCT
issue-1193	84	8	thus	thus	ADV
issue-1193	84	9	the	the	DET
issue-1193	84	10	stock	stock	NOUN
issue-1193	84	11	market	market	NOUN
issue-1193	84	12	improves	improve	VERB
issue-1193	84	13	capital	capital	NOUN
issue-1193	84	14	allocation	allocation	NOUN
issue-1193	84	15	and	and	CCONJ
issue-1193	84	16	long	long	ADJ
issue-1193	84	17	-	-	PUNCT
issue-1193	84	18	term	term	NOUN
issue-1193	84	19	growth	growth	NOUN
issue-1193	84	20	prospects	prospect	NOUN
issue-1193	84	21	.	.	PUNCT
issue-1193	85	1	secondly	secondly	ADV
issue-1193	85	2	,	,	PUNCT
issue-1193	85	3	the	the	DET
issue-1193	85	4	liquidity	liquidity	NOUN
issue-1193	85	5	of	of	ADP
issue-1193	85	6	the	the	DET
issue-1193	85	7	stock	stock	NOUN
issue-1193	85	8	market	market	NOUN
issue-1193	85	9	and	and	CCONJ
issue-1193	85	10	the	the	DET
issue-1193	85	11	development	development	NOUN
issue-1193	85	12	of	of	ADP
issue-1193	85	13	the	the	DET
issue-1193	85	14	banking	banking	NOUN
issue-1193	85	15	system	system	NOUN
issue-1193	85	16	sufficiently	sufficiently	ADV
issue-1193	85	17	anticipate	anticipate	VERB
issue-1193	85	18	future	future	ADJ
issue-1193	85	19	growth	growth	NOUN
issue-1193	85	20	rates	rate	NOUN
issue-1193	85	21	.	.	PUNCT
issue-1193	86	1	accordingly	accordingly	ADV
issue-1193	86	2	,	,	PUNCT
issue-1193	86	3	economists	economist	NOUN
issue-1193	86	4	conclude	conclude	VERB
issue-1193	86	5	that	that	SCONJ
issue-1193	86	6	stock	stock	NOUN
issue-1193	86	7	markets	market	NOUN
issue-1193	86	8	provide	provide	VERB
issue-1193	86	9	important	important	ADJ
issue-1193	86	10	financial	financial	ADJ
issue-1193	86	11	services	service	NOUN
issue-1193	86	12	,	,	PUNCT
issue-1193	86	13	but	but	CCONJ
issue-1193	86	14	these	these	DET
issue-1193	86	15	services	service	NOUN
issue-1193	86	16	are	be	AUX
issue-1193	86	17	different	different	ADJ
issue-1193	86	18	from	from	ADP
issue-1193	86	19	banking	banking	NOUN
issue-1193	86	20	services	service	NOUN
issue-1193	86	21	(	(	PUNCT
issue-1193	86	22	levine	levine	PROPN
issue-1193	86	23	,	,	PUNCT
issue-1193	86	24	zervos	zervos	PROPN
issue-1193	86	25	,	,	PUNCT
issue-1193	86	26	1998	1998	NUM
issue-1193	86	27	)	)	PUNCT
issue-1193	86	28	.	.	PUNCT
issue-1193	87	1	according	accord	VERB
issue-1193	87	2	to	to	ADP
issue-1193	87	3	masoud	masoud	PROPN
issue-1193	87	4	(	(	PUNCT
issue-1193	87	5	2013	2013	NUM
issue-1193	87	6	)	)	PUNCT
issue-1193	87	7	,	,	PUNCT
issue-1193	87	8	there	there	PRON
issue-1193	87	9	is	be	VERB
issue-1193	87	10	a	a	DET
issue-1193	87	11	relationship	relationship	NOUN
issue-1193	87	12	between	between	ADP
issue-1193	87	13	an	an	DET
issue-1193	87	14	efficient	efficient	ADJ
issue-1193	87	15	stock	stock	NOUN
issue-1193	87	16	market	market	NOUN
issue-1193	87	17	and	and	CCONJ
issue-1193	87	18	economic	economic	ADJ
issue-1193	87	19	growth	growth	NOUN
issue-1193	87	20	,	,	PUNCT
issue-1193	87	21	both	both	CCONJ
issue-1193	87	22	in	in	ADP
issue-1193	87	23	the	the	DET
issue-1193	87	24	short	short	ADJ
issue-1193	87	25	and	and	CCONJ
issue-1193	87	26	long	long	ADV
issue-1193	87	27	-	-	PUNCT
issue-1193	87	28	run	run	NOUN
issue-1193	87	29	.	.	PUNCT
issue-1193	88	1	the	the	DET
issue-1193	88	2	stock	stock	NOUN
issue-1193	88	3	market	market	NOUN
issue-1193	88	4	can	can	AUX
issue-1193	88	5	indirectly	indirectly	ADV
issue-1193	88	6	influence	influence	VERB
issue-1193	88	7	economic	economic	ADJ
issue-1193	88	8	growth	growth	NOUN
issue-1193	88	9	through	through	ADP
issue-1193	88	10	the	the	DET
issue-1193	88	11	impact	impact	NOUN
issue-1193	88	12	of	of	ADP
issue-1193	88	13	stock	stock	NOUN
issue-1193	88	14	market	market	NOUN
issue-1193	88	15	development	development	NOUN
issue-1193	88	16	on	on	ADP
issue-1193	88	17	investment	investment	NOUN
issue-1193	88	18	(	(	PUNCT
issue-1193	88	19	masoud	masoud	PROPN
issue-1193	88	20	,	,	PUNCT
issue-1193	88	21	2013	2013	NUM
issue-1193	88	22	)	)	PUNCT
issue-1193	88	23	.	.	PUNCT
issue-1193	89	1	regmi	regmi	PROPN
issue-1193	89	2	(	(	PUNCT
issue-1193	89	3	2012	2012	NUM
issue-1193	89	4	)	)	PUNCT
issue-1193	89	5	examines	examine	VERB
issue-1193	89	6	causal	causal	ADJ
issue-1193	89	7	relationship	relationship	NOUN
issue-1193	89	8	between	between	ADP
issue-1193	89	9	stock	stock	NOUN
issue-1193	89	10	market	market	NOUN
issue-1193	89	11	development	development	NOUN
issue-1193	89	12	and	and	CCONJ
issue-1193	89	13	economic	economic	ADJ
issue-1193	89	14	growth	growth	NOUN
issue-1193	89	15	in	in	ADP
issue-1193	89	16	nepal	nepal	NOUN
issue-1193	89	17	for	for	ADP
issue-1193	89	18	the	the	DET
issue-1193	89	19	period	period	NOUN
issue-1193	89	20	1994	1994	NUM
issue-1193	89	21	-	-	SYM
issue-1193	89	22	2011	2011	NUM
issue-1193	89	23	,	,	PUNCT
issue-1193	89	24	using	use	VERB
issue-1193	89	25	unit	unit	NOUN
issue-1193	89	26	root	root	PROPN
issue-1193	89	27	test	test	NOUN
issue-1193	89	28	,	,	PUNCT
issue-1193	89	29	co	co	NOUN
issue-1193	89	30	-	-	NOUN
issue-1193	89	31	integration	integration	NOUN
issue-1193	89	32	,	,	PUNCT
issue-1193	89	33	and	and	CCONJ
issue-1193	89	34	vector	vector	NOUN
issue-1193	89	35	error	error	NOUN
issue-1193	89	36	correction	correction	NOUN
issue-1193	89	37	models	model	NOUN
issue-1193	89	38	and	and	CCONJ
issue-1193	89	39	developing	develop	VERB
issue-1193	89	40	nepse	nepse	ADJ
issue-1193	89	41	composite	composite	ADJ
issue-1193	89	42	index	index	NOUN
issue-1193	89	43	as	as	ADP
issue-1193	89	44	an	an	DET
issue-1193	89	45	indicator	indicator	NOUN
issue-1193	89	46	of	of	ADP
issue-1193	89	47	stock	stock	NOUN
issue-1193	89	48	market	market	NOUN
issue-1193	89	49	development	development	NOUN
issue-1193	89	50	.	.	PUNCT
issue-1193	90	1	the	the	DET
issue-1193	90	2	finding	finding	NOUN
issue-1193	90	3	suggests	suggest	VERB
issue-1193	90	4	that	that	SCONJ
issue-1193	90	5	stock	stock	NOUN
issue-1193	90	6	market	market	NOUN
issue-1193	90	7	development	development	NOUN
issue-1193	90	8	has	have	AUX
issue-1193	90	9	significantly	significantly	ADV
issue-1193	90	10	contributed	contribute	VERB
issue-1193	90	11	to	to	ADP
issue-1193	90	12	the	the	DET
issue-1193	90	13	economic	economic	ADJ
issue-1193	90	14	growth	growth	NOUN
issue-1193	90	15	in	in	ADP
issue-1193	90	16	nepal	nepal	ADJ
issue-1193	90	17	(	(	PUNCT
issue-1193	90	18	regmi	regmi	ADJ
issue-1193	90	19	,	,	PUNCT
issue-1193	90	20	2012	2012	NUM
issue-1193	90	21	)	)	PUNCT
issue-1193	90	22	.	.	PUNCT
issue-1193	91	1	bayar	bayar	PROPN
issue-1193	91	2	,	,	PUNCT
issue-1193	91	3	kaya	kaya	PROPN
issue-1193	91	4	and	and	CCONJ
issue-1193	91	5	yildirim	yildirim	PROPN
issue-1193	91	6	(	(	PUNCT
issue-1193	91	7	2014	2014	NUM
issue-1193	91	8	)	)	PUNCT
issue-1193	91	9	examined	examine	VERB
issue-1193	91	10	the	the	DET
issue-1193	91	11	relationship	relationship	NOUN
issue-1193	91	12	between	between	ADP
issue-1193	91	13	stock	stock	NOUN
issue-1193	91	14	market	market	NOUN
issue-1193	91	15	development	development	NOUN
issue-1193	91	16	and	and	CCONJ
issue-1193	91	17	economic	economic	ADJ
issue-1193	91	18	growth	growth	NOUN
issue-1193	91	19	in	in	ADP
issue-1193	91	20	turkey	turkey	NOUN
issue-1193	91	21	during	during	ADP
issue-1193	91	22	the	the	DET
issue-1193	91	23	period	period	NOUN
issue-1193	91	24	1999	1999	NUM
issue-1193	91	25	-	-	SYM
issue-1193	91	26	2013	2013	NUM
issue-1193	91	27	by	by	ADP
issue-1193	91	28	using	use	VERB
issue-1193	91	29	the	the	DET
issue-1193	91	30	johansen	johansen	PROPN
issue-1193	91	31	-	-	PUNCT
issue-1193	91	32	juselius	juselius	NOUN
issue-1193	91	33	cointegration	cointegration	NOUN
issue-1193	91	34	test	test	NOUN
issue-1193	91	35	and	and	CCONJ
issue-1193	91	36	the	the	DET
issue-1193	91	37	granger	granger	PROPN
issue-1193	91	38	causality	causality	PROPN
issue-1193	91	39	test	test	NOUN
issue-1193	91	40	.	.	PUNCT
issue-1193	92	1	the	the	DET
issue-1193	92	2	empirical	empirical	ADJ
issue-1193	92	3	results	result	NOUN
issue-1193	92	4	indicated	indicate	VERB
issue-1193	92	5	that	that	SCONJ
issue-1193	92	6	there	there	PRON
issue-1193	92	7	is	be	VERB
issue-1193	92	8	a	a	DET
issue-1193	92	9	long	long	ADV
issue-1193	92	10	-	-	PUNCT
issue-1193	92	11	run	run	NOUN
issue-1193	92	12	relationship	relationship	NOUN
issue-1193	92	13	between	between	ADP
issue-1193	92	14	economic	economic	ADJ
issue-1193	92	15	growth	growth	NOUN
issue-1193	92	16	and	and	CCONJ
issue-1193	92	17	stock	stock	NOUN
issue-1193	92	18	market	market	NOUN
issue-1193	92	19	capitalization	capitalization	NOUN
issue-1193	92	20	,	,	PUNCT
issue-1193	92	21	total	total	ADJ
issue-1193	92	22	value	value	NOUN
issue-1193	92	23	of	of	ADP
issue-1193	92	24	stocks	stock	NOUN
issue-1193	92	25	traded	trade	VERB
issue-1193	92	26	,	,	PUNCT
issue-1193	92	27	turnover	turnover	NOUN
issue-1193	92	28	ratio	ratio	NOUN
issue-1193	92	29	of	of	ADP
issue-1193	92	30	stocks	stock	NOUN
issue-1193	92	31	traded	trade	VERB
issue-1193	92	32	and	and	CCONJ
issue-1193	92	33	also	also	ADV
issue-1193	92	34	there	there	PRON
issue-1193	92	35	is	be	VERB
issue-1193	92	36	unidirectional	unidirectional	ADJ
issue-1193	92	37	causality	causality	NOUN
issue-1193	92	38	from	from	ADP
issue-1193	92	39	stock	stock	NOUN
issue-1193	92	40	market	market	NOUN
issue-1193	92	41	capitalization	capitalization	NOUN
issue-1193	92	42	,	,	PUNCT
issue-1193	92	43	total	total	ADJ
issue-1193	92	44	value	value	NOUN
issue-1193	92	45	of	of	ADP
issue-1193	92	46	stocks	stock	NOUN
issue-1193	92	47	traded	trade	VERB
issue-1193	92	48	and	and	CCONJ
issue-1193	92	49	turnover	turnover	NOUN
issue-1193	92	50	ratio	ratio	NOUN
issue-1193	92	51	of	of	ADP
issue-1193	92	52	stocks	stock	NOUN
issue-1193	92	53	traded	trade	VERB
issue-1193	92	54	to	to	ADP
issue-1193	92	55	economic	economic	ADJ
issue-1193	92	56	growth	growth	NOUN
issue-1193	92	57	(	(	PUNCT
issue-1193	92	58	bayar	bayar	PROPN
issue-1193	92	59	,	,	PUNCT
issue-1193	92	60	kaya	kaya	PROPN
issue-1193	92	61	,	,	PUNCT
issue-1193	92	62	yildirim	yildirim	PROPN
issue-1193	92	63	,	,	PUNCT
issue-1193	92	64	2014	2014	NUM
issue-1193	92	65	)	)	PUNCT
issue-1193	92	66	.	.	PUNCT
issue-1193	93	1	azam	azam	PROPN
issue-1193	93	2	,	,	PUNCT
issue-1193	93	3	haseeb	haseeb	PROPN
issue-1193	93	4	,	,	PUNCT
issue-1193	93	5	samsi	samsi	NOUN
issue-1193	93	6	and	and	CCONJ
issue-1193	93	7	raji	raji	PROPN
issue-1193	93	8	(	(	PUNCT
issue-1193	93	9	2016	2016	NUM
issue-1193	93	10	)	)	PUNCT
issue-1193	93	11	examined	examine	VERB
issue-1193	93	12	the	the	DET
issue-1193	93	13	role	role	NOUN
issue-1193	93	14	of	of	ADP
issue-1193	93	15	stock	stock	NOUN
issue-1193	93	16	markets	market	NOUN
issue-1193	93	17	in	in	ADP
issue-1193	93	18	economic	economic	ADJ
issue-1193	93	19	growth	growth	NOUN
issue-1193	93	20	for	for	ADP
issue-1193	93	21	asian	asian	ADJ
issue-1193	93	22	countries	country	NOUN
issue-1193	93	23	(	(	PUNCT
issue-1193	93	24	bangladesh	bangladesh	PROPN
issue-1193	93	25	,	,	PUNCT
issue-1193	93	26	india	india	PROPN
issue-1193	93	27	,	,	PUNCT
issue-1193	93	28	china	china	PROPN
issue-1193	93	29	and	and	CCONJ
issue-1193	93	30	singapore	singapore	PROPN
issue-1193	93	31	)	)	PUNCT
issue-1193	93	32	,	,	PUNCT
issue-1193	93	33	using	use	VERB
issue-1193	93	34	annual	annual	ADJ
issue-1193	93	35	time	time	NOUN
issue-1193	93	36	series	series	PROPN
issue-1193	93	37	cross	cross	PROPN
issue-1193	93	38	country	country	PROPN
issue-1193	93	39	data	data	VERB
issue-1193	93	40	over	over	ADP
issue-1193	93	41	the	the	DET
issue-1193	93	42	period	period	NOUN
issue-1193	93	43	1991	1991	NUM
issue-1193	93	44	to	to	ADP
issue-1193	93	45	2012	2012	NUM
issue-1193	93	46	.	.	PUNCT
issue-1193	94	1	the	the	DET
issue-1193	94	2	empirical	empirical	ADJ
issue-1193	94	3	findings	finding	NOUN
issue-1193	94	4	of	of	ADP
issue-1193	94	5	the	the	DET
issue-1193	94	6	study	study	NOUN
issue-1193	94	7	revealed	reveal	VERB
issue-1193	94	8	that	that	SCONJ
issue-1193	94	9	stock	stock	NOUN
issue-1193	94	10	market	market	NOUN
issue-1193	94	11	development	development	NOUN
issue-1193	94	12	and	and	CCONJ
issue-1193	94	13	fdi	fdi	NOUN
issue-1193	94	14	inflows	inflow	NOUN
issue-1193	94	15	play	play	VERB
issue-1193	94	16	vital	vital	ADJ
issue-1193	94	17	roles	role	NOUN
issue-1193	94	18	in	in	ADP
issue-1193	94	19	the	the	DET
issue-1193	94	20	process	process	NOUN
issue-1193	94	21	of	of	ADP
issue-1193	94	22	economic	economic	ADJ
issue-1193	94	23	growth	growth	NOUN
issue-1193	94	24	and	and	CCONJ
issue-1193	94	25	development	development	NOUN
issue-1193	94	26	in	in	ADP
issue-1193	94	27	these	these	DET
issue-1193	94	28	selected	select	VERB
issue-1193	94	29	countries	country	NOUN
issue-1193	94	30	(	(	PUNCT
issue-1193	94	31	azam	azam	PROPN
issue-1193	94	32	,	,	PUNCT
issue-1193	94	33	haseeb	haseeb	PROPN
issue-1193	94	34	,	,	PUNCT
issue-1193	94	35	samsi	samsi	PROPN
issue-1193	94	36	,	,	PUNCT
issue-1193	94	37	raji	raji	NOUN
issue-1193	94	38	,	,	PUNCT
issue-1193	94	39	2016	2016	NUM
issue-1193	94	40	)	)	PUNCT
issue-1193	94	41	.	.	PUNCT
issue-1193	95	1	the	the	DET
issue-1193	95	2	third	third	ADJ
issue-1193	95	3	group	group	NOUN
issue-1193	95	4	of	of	ADP
issue-1193	95	5	economists	economist	NOUN
issue-1193	95	6	made	make	VERB
issue-1193	95	7	ambiguous	ambiguous	ADJ
issue-1193	95	8	conclusions	conclusion	NOUN
issue-1193	95	9	about	about	ADP
issue-1193	95	10	the	the	DET
issue-1193	95	11	relationship	relationship	NOUN
issue-1193	95	12	between	between	ADP
issue-1193	95	13	stock	stock	NOUN
issue-1193	95	14	market	market	NOUN
issue-1193	95	15	development	development	NOUN
issue-1193	95	16	and	and	CCONJ
issue-1193	95	17	economic	economic	ADJ
issue-1193	95	18	growth	growth	NOUN
issue-1193	95	19	.	.	PUNCT
issue-1193	96	1	in	in	ADP
issue-1193	96	2	particular	particular	ADJ
issue-1193	96	3	,	,	PUNCT
issue-1193	96	4	their	their	PRON
issue-1193	96	5	conclusions	conclusion	NOUN
issue-1193	96	6	depend	depend	VERB
issue-1193	96	7	on	on	ADP
issue-1193	96	8	the	the	DET
issue-1193	96	9	study	study	NOUN
issue-1193	96	10	period	period	NOUN
issue-1193	96	11	and	and	CCONJ
issue-1193	96	12	level	level	NOUN
issue-1193	96	13	of	of	ADP
issue-1193	96	14	the	the	DET
issue-1193	96	15	stock	stock	NOUN
issue-1193	96	16	market	market	NOUN
issue-1193	96	17	development	development	NOUN
issue-1193	96	18	.	.	PUNCT
issue-1193	97	1	this	this	DET
issue-1193	97	2	group	group	NOUN
issue-1193	97	3	includes	include	VERB
issue-1193	97	4	boubakari	boubakari	NOUN
issue-1193	97	5	and	and	CCONJ
issue-1193	97	6	jin	jin	NOUN
issue-1193	97	7	(	(	PUNCT
issue-1193	97	8	2010	2010	NUM
issue-1193	97	9	)	)	PUNCT
issue-1193	97	10	,	,	PUNCT
issue-1193	97	11	arčabić	arčabić	NOUN
issue-1193	97	12	,	,	PUNCT
issue-1193	97	13	globan	globan	ADJ
issue-1193	97	14	and	and	CCONJ
issue-1193	97	15	raguž	raguž	NOUN
issue-1193	97	16	(	(	PUNCT
issue-1193	97	17	2013	2013	NUM
issue-1193	97	18	)	)	PUNCT
issue-1193	97	19	,	,	PUNCT
issue-1193	97	20	faisal	faisal	NOUN
issue-1193	97	21	,	,	PUNCT
issue-1193	97	22	muhamad	muhamad	PROPN
issue-1193	97	23	and	and	CCONJ
issue-1193	97	24	tursoy	tursoy	NOUN
issue-1193	97	25	(	(	PUNCT
issue-1193	97	26	2016	2016	NUM
issue-1193	97	27	)	)	PUNCT
issue-1193	97	28	,	,	PUNCT
issue-1193	97	29	prats	prat	NOUN
issue-1193	97	30	and	and	CCONJ
issue-1193	97	31	sandoval	sandoval	PROPN
issue-1193	97	32	(	(	PUNCT
issue-1193	97	33	2016	2016	NUM
issue-1193	97	34	)	)	PUNCT
issue-1193	97	35	.	.	PUNCT
issue-1193	98	1	boubakari	boubakari	PROPN
issue-1193	98	2	a.	a.	PROPN
issue-1193	98	3	and	and	CCONJ
issue-1193	98	4	jin	jin	PROPN
issue-1193	98	5	d.	d.	PROPN
issue-1193	98	6	(	(	PUNCT
issue-1193	98	7	2010	2010	NUM
issue-1193	98	8	)	)	PUNCT
issue-1193	98	9	noted	note	VERB
issue-1193	98	10	that	that	SCONJ
issue-1193	98	11	the	the	DET
issue-1193	98	12	relationship	relationship	NOUN
issue-1193	98	13	between	between	ADP
issue-1193	98	14	the	the	DET
issue-1193	98	15	stock	stock	NOUN
issue-1193	98	16	market	market	NOUN
issue-1193	98	17	and	and	CCONJ
issue-1193	98	18	economic	economic	ADJ
issue-1193	98	19	growth	growth	NOUN
issue-1193	98	20	exist	exist	VERB
issue-1193	98	21	in	in	ADP
issue-1193	98	22	countries	country	NOUN
issue-1193	98	23	where	where	SCONJ
issue-1193	98	24	the	the	DET
issue-1193	98	25	stock	stock	NOUN
issue-1193	98	26	market	market	NOUN
issue-1193	98	27	is	be	AUX
issue-1193	98	28	liquid	liquid	ADJ
issue-1193	98	29	and	and	CCONJ
issue-1193	98	30	active	active	ADJ
issue-1193	98	31	.	.	PUNCT
issue-1193	99	1	in	in	ADP
issue-1193	99	2	countries	country	NOUN
issue-1193	99	3	with	with	ADP
issue-1193	99	4	low	low	ADJ
issue-1193	99	5	liquidity	liquidity	NOUN
issue-1193	99	6	and	and	CCONJ
issue-1193	99	7	underdeveloped	underdeveloped	ADJ
issue-1193	99	8	stock	stock	NOUN
issue-1193	99	9	markets	market	NOUN
issue-1193	99	10	,	,	PUNCT
issue-1193	99	11	such	such	DET
issue-1193	99	12	a	a	DET
issue-1193	99	13	link	link	NOUN
issue-1193	99	14	does	do	AUX
issue-1193	99	15	not	not	PART
issue-1193	99	16	exist	exist	VERB
issue-1193	99	17	.	.	PUNCT
issue-1193	100	1	prats	prat	NOUN
issue-1193	100	2	and	and	CCONJ
issue-1193	100	3	sandoval	sandoval	PROPN
issue-1193	100	4	(	(	PUNCT
issue-1193	100	5	2016	2016	NUM
issue-1193	100	6	)	)	PUNCT
issue-1193	100	7	investigated	investigate	VERB
issue-1193	100	8	the	the	DET
issue-1193	100	9	link	link	NOUN
issue-1193	100	10	between	between	ADP
issue-1193	100	11	the	the	DET
issue-1193	100	12	stock	stock	NOUN
issue-1193	100	13	market	market	NOUN
issue-1193	100	14	development	development	NOUN
issue-1193	100	15	and	and	CCONJ
issue-1193	100	16	economic	economic	ADJ
issue-1193	100	17	growth	growth	NOUN
issue-1193	100	18	in	in	ADP
issue-1193	100	19	six	six	NUM
issue-1193	100	20	countries	country	NOUN
issue-1193	100	21	in	in	ADP
issue-1193	100	22	eastern	eastern	PROPN
issue-1193	100	23	europe	europe	PROPN
issue-1193	100	24	(	(	PUNCT
issue-1193	100	25	bulgaria	bulgaria	PROPN
issue-1193	100	26	,	,	PUNCT
issue-1193	100	27	slovakia	slovakia	PROPN
issue-1193	100	28	,	,	PUNCT
issue-1193	100	29	hungary	hungary	PROPN
issue-1193	100	30	,	,	PUNCT
issue-1193	100	31	poland	poland	PROPN
issue-1193	100	32	,	,	PUNCT
issue-1193	100	33	the	the	DET
issue-1193	100	34	czech	czech	PROPN
issue-1193	100	35	republic	republic	NOUN
issue-1193	100	36	and	and	CCONJ
issue-1193	100	37	romania	romania	PROPN
issue-1193	100	38	)	)	PUNCT
issue-1193	100	39	from	from	ADP
issue-1193	100	40	1995	1995	NUM
issue-1193	100	41	to	to	ADP
issue-1193	100	42	2012	2012	NUM
issue-1193	100	43	in	in	ADP
issue-1193	100	44	order	order	NOUN
issue-1193	100	45	to	to	PART
issue-1193	100	46	explain	explain	VERB
issue-1193	100	47	the	the	DET
issue-1193	100	48	transition	transition	NOUN
issue-1193	100	49	processes	process	NOUN
issue-1193	100	50	.	.	PUNCT
issue-1193	101	1	the	the	DET
issue-1193	101	2	results	result	NOUN
issue-1193	101	3	show	show	VERB
issue-1193	101	4	evidence	evidence	NOUN
issue-1193	101	5	of	of	ADP
issue-1193	101	6	the	the	DET
issue-1193	101	7	baltic	baltic	ADJ
issue-1193	101	8	journal	journal	PROPN
issue-1193	101	9	of	of	ADP
issue-1193	101	10	economic	economic	ADJ
issue-1193	101	11	studies	study	NOUN
issue-1193	101	12	121	121	NUM
issue-1193	101	13	vol	vol	NOUN
issue-1193	101	14	.	.	PUNCT
issue-1193	102	1	7	7	NUM
issue-1193	102	2	,	,	PUNCT
issue-1193	102	3	no	no	INTJ
issue-1193	102	4	.	.	NOUN
issue-1193	102	5	3	3	NUM
issue-1193	102	6	,	,	PUNCT
issue-1193	102	7	2021	2021	NUM
issue-1193	102	8	granger	granger	NOUN
issue-1193	102	9	causality	causality	NOUN
issue-1193	102	10	between	between	ADP
issue-1193	102	11	economic	economic	ADJ
issue-1193	102	12	growth	growth	NOUN
issue-1193	102	13	variables	variable	NOUN
issue-1193	102	14	and	and	CCONJ
issue-1193	102	15	financial	financial	ADJ
issue-1193	102	16	market	market	NOUN
issue-1193	102	17	variables	variable	NOUN
issue-1193	102	18	.	.	PUNCT
issue-1193	103	1	the	the	DET
issue-1193	103	2	direction	direction	NOUN
issue-1193	103	3	of	of	ADP
issue-1193	103	4	causality	causality	NOUN
issue-1193	103	5	link	link	NOUN
issue-1193	103	6	depends	depend	VERB
issue-1193	103	7	on	on	ADP
issue-1193	103	8	the	the	DET
issue-1193	103	9	country	country	NOUN
issue-1193	103	10	.	.	PUNCT
issue-1193	104	1	faisal	faisal	PROPN
issue-1193	104	2	,	,	PUNCT
issue-1193	104	3	muhamad	muhamad	PROPN
issue-1193	104	4	,	,	PUNCT
issue-1193	104	5	tursoy	tursoy	ADJ
issue-1193	104	6	,	,	PUNCT
issue-1193	104	7	(	(	PUNCT
issue-1193	104	8	2016	2016	NUM
issue-1193	104	9	)	)	PUNCT
issue-1193	104	10	revealed	reveal	VERB
issue-1193	104	11	the	the	DET
issue-1193	104	12	positive	positive	ADJ
issue-1193	104	13	impact	impact	NOUN
issue-1193	104	14	of	of	ADP
issue-1193	104	15	fdi	fdi	NOUN
issue-1193	104	16	on	on	ADP
issue-1193	104	17	the	the	DET
issue-1193	104	18	stock	stock	NOUN
issue-1193	104	19	market	market	NOUN
issue-1193	104	20	in	in	ADP
issue-1193	104	21	the	the	DET
issue-1193	104	22	long	long	ADJ
issue-1193	104	23	-	-	PUNCT
issue-1193	104	24	run	run	NOUN
issue-1193	104	25	period	period	NOUN
issue-1193	104	26	,	,	PUNCT
issue-1193	104	27	while	while	SCONJ
issue-1193	104	28	in	in	ADP
issue-1193	104	29	the	the	DET
issue-1193	104	30	short	short	ADJ
issue-1193	104	31	-	-	PUNCT
issue-1193	104	32	run	run	NOUN
issue-1193	104	33	period	period	NOUN
issue-1193	104	34	,	,	PUNCT
issue-1193	104	35	the	the	DET
issue-1193	104	36	economists	economist	NOUN
issue-1193	104	37	proved	prove	VERB
issue-1193	104	38	the	the	DET
issue-1193	104	39	positive	positive	ADJ
issue-1193	104	40	impact	impact	NOUN
issue-1193	104	41	of	of	ADP
issue-1193	104	42	the	the	DET
issue-1193	104	43	stock	stock	NOUN
issue-1193	104	44	market	market	NOUN
issue-1193	104	45	on	on	ADP
issue-1193	104	46	economic	economic	ADJ
issue-1193	104	47	growth	growth	NOUN
issue-1193	104	48	and	and	CCONJ
issue-1193	104	49	,	,	PUNCT
issue-1193	104	50	as	as	ADP
issue-1193	104	51	a	a	DET
issue-1193	104	52	consequence	consequence	NOUN
issue-1193	104	53	,	,	PUNCT
issue-1193	104	54	on	on	ADP
issue-1193	104	55	the	the	DET
issue-1193	104	56	fdi	fdi	ADJ
issue-1193	104	57	inflow	inflow	NOUN
issue-1193	104	58	(	(	PUNCT
issue-1193	104	59	faisal	faisal	PROPN
issue-1193	104	60	,	,	PUNCT
issue-1193	104	61	muhamad	muhamad	PROPN
issue-1193	104	62	,	,	PUNCT
issue-1193	104	63	tursoy	tursoy	ADJ
issue-1193	104	64	,	,	PUNCT
issue-1193	104	65	2016	2016	NUM
issue-1193	104	66	;	;	PUNCT
issue-1193	104	67	arčabić	arčabić	NOUN
issue-1193	104	68	,	,	PUNCT
issue-1193	104	69	globan	globan	NOUN
issue-1193	104	70	,	,	PUNCT
issue-1193	104	71	raguž	raguž	NOUN
issue-1193	104	72	,	,	PUNCT
issue-1193	104	73	2013	2013	NUM
issue-1193	104	74	)	)	PUNCT
issue-1193	104	75	.	.	PUNCT
issue-1193	105	1	so	so	ADV
issue-1193	105	2	,	,	PUNCT
issue-1193	105	3	in	in	ADP
issue-1193	105	4	our	our	PRON
issue-1193	105	5	opinion	opinion	NOUN
issue-1193	105	6	,	,	PUNCT
issue-1193	105	7	it	it	PRON
issue-1193	105	8	is	be	AUX
issue-1193	105	9	important	important	ADJ
issue-1193	105	10	to	to	PART
issue-1193	105	11	consider	consider	VERB
issue-1193	105	12	the	the	DET
issue-1193	105	13	role	role	NOUN
issue-1193	105	14	and	and	CCONJ
issue-1193	105	15	place	place	NOUN
issue-1193	105	16	of	of	ADP
issue-1193	105	17	private	private	ADJ
issue-1193	105	18	capital	capital	NOUN
issue-1193	105	19	flows	flow	NOUN
issue-1193	105	20	in	in	ADP
issue-1193	105	21	the	the	DET
issue-1193	105	22	stock	stock	NOUN
issue-1193	105	23	market	market	NOUN
issue-1193	105	24	development	development	NOUN
issue-1193	105	25	and	and	CCONJ
issue-1193	105	26	economic	economic	ADJ
issue-1193	105	27	growth	growth	NOUN
issue-1193	105	28	.	.	PUNCT
issue-1193	106	1	the	the	DET
issue-1193	106	2	impact	impact	NOUN
issue-1193	106	3	of	of	ADP
issue-1193	106	4	fdi	fdi	ADJ
issue-1193	106	5	and	and	CCONJ
issue-1193	106	6	economic	economic	ADJ
issue-1193	106	7	growth	growth	NOUN
issue-1193	106	8	on	on	ADP
issue-1193	106	9	the	the	DET
issue-1193	106	10	stock	stock	NOUN
issue-1193	106	11	market	market	NOUN
issue-1193	106	12	was	be	AUX
issue-1193	106	13	described	describe	VERB
issue-1193	106	14	by	by	ADP
issue-1193	106	15	errunza	errunza	ADJ
issue-1193	106	16	(	(	PUNCT
issue-1193	106	17	1983	1983	NUM
issue-1193	106	18	)	)	PUNCT
issue-1193	106	19	,	,	PUNCT
issue-1193	106	20	adam	adam	PROPN
issue-1193	106	21	and	and	CCONJ
issue-1193	106	22	tweneboah	tweneboah	NOUN
issue-1193	106	23	(	(	PUNCT
issue-1193	106	24	2009	2009	NUM
issue-1193	106	25	)	)	PUNCT
issue-1193	106	26	,	,	PUNCT
issue-1193	106	27	shahbaz	shahbaz	PROPN
issue-1193	106	28	,	,	PUNCT
issue-1193	106	29	lean	lean	ADJ
issue-1193	106	30	and	and	CCONJ
issue-1193	106	31	kalim	kalim	PROPN
issue-1193	106	32	(	(	PUNCT
issue-1193	106	33	2013	2013	NUM
issue-1193	106	34	)	)	PUNCT
issue-1193	106	35	.	.	PUNCT
issue-1193	107	1	private	private	ADJ
issue-1193	107	2	capital	capital	NOUN
issue-1193	107	3	flows	flow	NOUN
issue-1193	107	4	are	be	AUX
issue-1193	107	5	considered	consider	VERB
issue-1193	107	6	important	important	ADJ
issue-1193	107	7	macroeconomic	macroeconomic	ADJ
issue-1193	107	8	factors	factor	NOUN
issue-1193	107	9	in	in	ADP
issue-1193	107	10	the	the	DET
issue-1193	107	11	development	development	NOUN
issue-1193	107	12	of	of	ADP
issue-1193	107	13	stock	stock	NOUN
issue-1193	107	14	markets	market	NOUN
issue-1193	107	15	.	.	PUNCT
issue-1193	108	1	this	this	DET
issue-1193	108	2	indicator	indicator	NOUN
issue-1193	108	3	represents	represent	VERB
issue-1193	108	4	the	the	DET
issue-1193	108	5	flow	flow	NOUN
issue-1193	108	6	of	of	ADP
issue-1193	108	7	direct	direct	ADJ
issue-1193	108	8	and	and	CCONJ
issue-1193	108	9	portfolio	portfolio	NOUN
issue-1193	108	10	investments	investment	NOUN
issue-1193	108	11	,	,	PUNCT
issue-1193	108	12	calculated	calculate	VERB
issue-1193	108	13	as	as	ADP
issue-1193	108	14	a	a	DET
issue-1193	108	15	percentage	percentage	NOUN
issue-1193	108	16	of	of	ADP
issue-1193	108	17	gdp	gdp	NOUN
issue-1193	108	18	.	.	PUNCT
issue-1193	109	1	thus	thus	ADV
issue-1193	109	2	,	,	PUNCT
issue-1193	109	3	in	in	ADP
issue-1193	109	4	particular	particular	ADJ
issue-1193	109	5	,	,	PUNCT
issue-1193	109	6	errunza	errunza	ADJ
issue-1193	109	7	(	(	PUNCT
issue-1193	109	8	1983	1983	NUM
issue-1193	109	9	)	)	PUNCT
issue-1193	109	10	argued	argue	VERB
issue-1193	109	11	that	that	SCONJ
issue-1193	109	12	the	the	DET
issue-1193	109	13	longterm	longterm	PROPN
issue-1193	109	14	impact	impact	NOUN
issue-1193	109	15	of	of	ADP
issue-1193	109	16	foreign	foreign	ADJ
issue-1193	109	17	capital	capital	NOUN
issue-1193	109	18	inflows	inflow	NOUN
issue-1193	109	19	on	on	ADP
issue-1193	109	20	stock	stock	NOUN
issue-1193	109	21	market	market	NOUN
issue-1193	109	22	development	development	NOUN
issue-1193	109	23	is	be	AUX
issue-1193	109	24	much	much	ADV
issue-1193	109	25	broader	broad	ADJ
issue-1193	109	26	than	than	ADP
issue-1193	109	27	the	the	DET
issue-1193	109	28	benefits	benefit	NOUN
issue-1193	109	29	of	of	ADP
issue-1193	109	30	initial	initial	ADJ
issue-1193	109	31	flows	flow	NOUN
issue-1193	109	32	and	and	CCONJ
issue-1193	109	33	increased	increase	VERB
issue-1193	109	34	investor	investor	NOUN
issue-1193	109	35	participation	participation	NOUN
issue-1193	109	36	in	in	ADP
issue-1193	109	37	the	the	DET
issue-1193	109	38	project	project	NOUN
issue-1193	109	39	.	.	PUNCT
issue-1193	110	1	private	private	ADJ
issue-1193	110	2	capital	capital	NOUN
issue-1193	110	3	flows	flow	NOUN
issue-1193	110	4	are	be	AUX
issue-1193	110	5	extremely	extremely	ADV
issue-1193	110	6	important	important	ADJ
issue-1193	110	7	for	for	ADP
issue-1193	110	8	the	the	DET
issue-1193	110	9	development	development	NOUN
issue-1193	110	10	of	of	ADP
issue-1193	110	11	the	the	DET
issue-1193	110	12	stock	stock	NOUN
issue-1193	110	13	market	market	NOUN
issue-1193	110	14	,	,	PUNCT
issue-1193	110	15	as	as	SCONJ
issue-1193	110	16	foreign	foreign	ADJ
issue-1193	110	17	investment	investment	NOUN
issue-1193	110	18	is	be	AUX
issue-1193	110	19	associated	associate	VERB
issue-1193	110	20	with	with	ADP
issue-1193	110	21	institutional	institutional	ADJ
issue-1193	110	22	and	and	CCONJ
issue-1193	110	23	legal	legal	ADJ
issue-1193	110	24	reforms	reform	NOUN
issue-1193	110	25	,	,	PUNCT
issue-1193	110	26	adequate	adequate	ADJ
issue-1193	110	27	disclosure	disclosure	NOUN
issue-1193	110	28	and	and	CCONJ
issue-1193	110	29	appropriate	appropriate	ADJ
issue-1193	110	30	listing	listing	NOUN
issue-1193	110	31	conditions	condition	NOUN
issue-1193	110	32	,	,	PUNCT
issue-1193	110	33	and	and	CCONJ
issue-1193	110	34	fair	fair	ADJ
issue-1193	110	35	trading	trading	NOUN
issue-1193	110	36	practices	practice	NOUN
issue-1193	110	37	.	.	PUNCT
issue-1193	111	1	increased	increase	VERB
issue-1193	111	2	information	information	NOUN
issue-1193	111	3	and	and	CCONJ
issue-1193	111	4	operational	operational	ADJ
issue-1193	111	5	efficiency	efficiency	NOUN
issue-1193	111	6	,	,	PUNCT
issue-1193	111	7	as	as	ADP
issue-1193	111	8	a	a	DET
issue-1193	111	9	rule	rule	NOUN
issue-1193	111	10	,	,	PUNCT
issue-1193	111	11	should	should	AUX
issue-1193	111	12	cause	cause	VERB
issue-1193	111	13	greater	great	ADJ
issue-1193	111	14	investor	investor	NOUN
issue-1193	111	15	confidence	confidence	NOUN
issue-1193	111	16	in	in	ADP
issue-1193	111	17	the	the	DET
issue-1193	111	18	national	national	ADJ
issue-1193	111	19	stock	stock	NOUN
issue-1193	111	20	market	market	NOUN
issue-1193	111	21	,	,	PUNCT
issue-1193	111	22	which	which	PRON
issue-1193	111	23	,	,	PUNCT
issue-1193	111	24	in	in	ADP
issue-1193	111	25	turn	turn	NOUN
issue-1193	111	26	,	,	PUNCT
issue-1193	111	27	leads	lead	VERB
issue-1193	111	28	to	to	ADP
issue-1193	111	29	greater	great	ADJ
issue-1193	111	30	capital	capital	NOUN
issue-1193	111	31	flows	flow	NOUN
issue-1193	111	32	(	(	PUNCT
issue-1193	111	33	errunza	errunza	ADJ
issue-1193	111	34	,	,	PUNCT
issue-1193	111	35	1983	1983	NUM
issue-1193	111	36	)	)	PUNCT
issue-1193	111	37	.	.	PUNCT
issue-1193	112	1	adam	adam	PROPN
issue-1193	112	2	and	and	CCONJ
issue-1193	112	3	tweneboah	tweneboah	NOUN
issue-1193	112	4	(	(	PUNCT
issue-1193	112	5	2009	2009	NUM
issue-1193	112	6	)	)	PUNCT
issue-1193	112	7	examined	examine	VERB
issue-1193	112	8	the	the	DET
issue-1193	112	9	impact	impact	NOUN
issue-1193	112	10	of	of	ADP
issue-1193	112	11	fdi	fdi	NOUN
issue-1193	112	12	on	on	ADP
issue-1193	112	13	the	the	DET
issue-1193	112	14	stock	stock	NOUN
issue-1193	112	15	market	market	NOUN
issue-1193	112	16	development	development	NOUN
issue-1193	112	17	in	in	ADP
issue-1193	112	18	ghana	ghana	PROPN
issue-1193	112	19	.	.	PUNCT
issue-1193	113	1	their	their	PRON
issue-1193	113	2	results	result	NOUN
issue-1193	113	3	indicate	indicate	VERB
issue-1193	113	4	that	that	SCONJ
issue-1193	113	5	there	there	PRON
issue-1193	113	6	exists	exist	VERB
issue-1193	113	7	a	a	DET
issue-1193	113	8	long	long	ADV
issue-1193	113	9	-	-	PUNCT
issue-1193	113	10	run	run	NOUN
issue-1193	113	11	relationship	relationship	NOUN
issue-1193	113	12	between	between	ADP
issue-1193	113	13	fdi	fdi	PROPN
issue-1193	113	14	and	and	CCONJ
issue-1193	113	15	stock	stock	NOUN
issue-1193	113	16	market	market	NOUN
issue-1193	113	17	development	development	NOUN
issue-1193	113	18	in	in	ADP
issue-1193	113	19	ghana	ghana	PROPN
issue-1193	113	20	.	.	PUNCT
issue-1193	114	1	the	the	DET
issue-1193	114	2	economists	economist	NOUN
issue-1193	114	3	have	have	AUX
issue-1193	114	4	found	find	VERB
issue-1193	114	5	that	that	SCONJ
issue-1193	114	6	a	a	DET
issue-1193	114	7	shock	shock	NOUN
issue-1193	114	8	to	to	ADP
issue-1193	114	9	fdi	fdi	VERB
issue-1193	114	10	significantly	significantly	ADV
issue-1193	114	11	influence	influence	VERB
issue-1193	114	12	the	the	DET
issue-1193	114	13	development	development	NOUN
issue-1193	114	14	of	of	ADP
issue-1193	114	15	stock	stock	NOUN
issue-1193	114	16	market	market	NOUN
issue-1193	114	17	.	.	PUNCT
issue-1193	115	1	shahbaz	shahbaz	PROPN
issue-1193	115	2	,	,	PUNCT
issue-1193	115	3	lean	lean	ADJ
issue-1193	115	4	and	and	CCONJ
issue-1193	115	5	kalim	kalim	PROPN
issue-1193	115	6	(	(	PUNCT
issue-1193	115	7	2013	2013	NUM
issue-1193	115	8	)	)	PUNCT
issue-1193	115	9	have	have	AUX
issue-1193	115	10	proved	prove	VERB
issue-1193	115	11	the	the	DET
issue-1193	115	12	complementary	complementary	ADJ
issue-1193	115	13	role	role	NOUN
issue-1193	115	14	of	of	ADP
issue-1193	115	15	fdi	fdi	NOUN
issue-1193	115	16	to	to	ADP
issue-1193	115	17	the	the	DET
issue-1193	115	18	stock	stock	NOUN
issue-1193	115	19	market	market	NOUN
issue-1193	115	20	development	development	NOUN
issue-1193	115	21	in	in	ADP
issue-1193	115	22	pakistan	pakistan	PROPN
issue-1193	115	23	.	.	PUNCT
issue-1193	116	1	moreover	moreover	ADV
issue-1193	116	2	,	,	PUNCT
issue-1193	116	3	domestic	domestic	ADJ
issue-1193	116	4	savings	saving	NOUN
issue-1193	116	5	,	,	PUNCT
issue-1193	116	6	income	income	NOUN
issue-1193	116	7	and	and	CCONJ
issue-1193	116	8	inflation	inflation	NOUN
issue-1193	116	9	are	be	AUX
issue-1193	116	10	the	the	DET
issue-1193	116	11	other	other	ADJ
issue-1193	116	12	macroeconomic	macroeconomic	ADJ
issue-1193	116	13	variables	variable	NOUN
issue-1193	116	14	that	that	PRON
issue-1193	116	15	affect	affect	VERB
issue-1193	116	16	the	the	DET
issue-1193	116	17	development	development	NOUN
issue-1193	116	18	of	of	ADP
issue-1193	116	19	stock	stock	NOUN
issue-1193	116	20	market	market	NOUN
issue-1193	116	21	in	in	ADP
issue-1193	116	22	pakistan	pakistan	PROPN
issue-1193	116	23	.	.	PUNCT
issue-1193	117	1	the	the	DET
issue-1193	117	2	important	important	ADJ
issue-1193	117	3	role	role	NOUN
issue-1193	117	4	of	of	ADP
issue-1193	117	5	investments	investment	NOUN
issue-1193	117	6	,	,	PUNCT
issue-1193	117	7	savings	saving	NOUN
issue-1193	117	8	and	and	CCONJ
issue-1193	117	9	private	private	ADJ
issue-1193	117	10	capital	capital	NOUN
issue-1193	117	11	flows	flow	NOUN
issue-1193	117	12	in	in	ADP
issue-1193	117	13	the	the	DET
issue-1193	117	14	stock	stock	NOUN
issue-1193	117	15	market	market	NOUN
issue-1193	117	16	’s	’s	PART
issue-1193	117	17	development	development	NOUN
issue-1193	117	18	was	be	AUX
issue-1193	117	19	proved	prove	VERB
issue-1193	117	20	in	in	ADP
issue-1193	117	21	researches	research	NOUN
issue-1193	117	22	of	of	ADP
issue-1193	117	23	errunza	errunza	ADJ
issue-1193	117	24	(	(	PUNCT
issue-1193	117	25	1983	1983	NUM
issue-1193	117	26	)	)	PUNCT
issue-1193	117	27	,	,	PUNCT
issue-1193	117	28	garcia	garcia	PROPN
issue-1193	117	29	and	and	CCONJ
issue-1193	117	30	liu	liu	PROPN
issue-1193	117	31	(	(	PUNCT
issue-1193	117	32	1996	1996	NUM
issue-1193	117	33	)	)	PUNCT
issue-1193	117	34	,	,	PUNCT
issue-1193	117	35	yartey	yartey	PROPN
issue-1193	117	36	(	(	PUNCT
issue-1193	117	37	2008	2008	NUM
issue-1193	117	38	)	)	PUNCT
issue-1193	117	39	.	.	PUNCT
issue-1193	118	1	on	on	ADP
issue-1193	118	2	the	the	DET
issue-1193	118	3	other	other	ADJ
issue-1193	118	4	hand	hand	NOUN
issue-1193	118	5	,	,	PUNCT
issue-1193	118	6	chousa	chousa	VERB
issue-1193	118	7	,	,	PUNCT
issue-1193	118	8	vadlamannati	vadlamannati	NOUN
issue-1193	118	9	and	and	CCONJ
issue-1193	118	10	tamazian	tamazian	ADJ
issue-1193	118	11	(	(	PUNCT
issue-1193	118	12	2008	2008	NUM
issue-1193	118	13	)	)	PUNCT
issue-1193	118	14	have	have	AUX
issue-1193	118	15	found	find	VERB
issue-1193	118	16	a	a	DET
issue-1193	118	17	strong	strong	ADJ
issue-1193	118	18	positive	positive	ADJ
issue-1193	118	19	impact	impact	NOUN
issue-1193	118	20	of	of	ADP
issue-1193	118	21	growth	growth	NOUN
issue-1193	118	22	and	and	CCONJ
issue-1193	118	23	quality	quality	NOUN
issue-1193	118	24	of	of	ADP
issue-1193	118	25	capital	capital	NOUN
issue-1193	118	26	markets	market	NOUN
issue-1193	118	27	on	on	ADP
issue-1193	118	28	cross	cross	NOUN
issue-1193	118	29	border	border	NOUN
issue-1193	118	30	mergers	merger	NOUN
issue-1193	118	31	&	&	CCONJ
issue-1193	118	32	acquisitions	acquisition	NOUN
issue-1193	118	33	deals	deal	NOUN
issue-1193	118	34	and	and	CCONJ
issue-1193	118	35	values	value	NOUN
issue-1193	118	36	.	.	PUNCT
issue-1193	119	1	the	the	DET
issue-1193	119	2	interesting	interesting	ADJ
issue-1193	119	3	finding	finding	NOUN
issue-1193	119	4	is	be	AUX
issue-1193	119	5	that	that	SCONJ
issue-1193	119	6	the	the	DET
issue-1193	119	7	quality	quality	NOUN
issue-1193	119	8	of	of	ADP
issue-1193	119	9	markets	market	NOUN
issue-1193	119	10	is	be	AUX
issue-1193	119	11	said	say	VERB
issue-1193	119	12	to	to	PART
issue-1193	119	13	have	have	VERB
issue-1193	119	14	a	a	DET
issue-1193	119	15	much	much	ADV
issue-1193	119	16	greater	great	ADJ
issue-1193	119	17	impact	impact	NOUN
issue-1193	119	18	than	than	ADP
issue-1193	119	19	growth	growth	NOUN
issue-1193	119	20	.	.	PUNCT
issue-1193	120	1	this	this	PRON
issue-1193	120	2	proves	prove	VERB
issue-1193	120	3	that	that	SCONJ
issue-1193	120	4	the	the	PRON
issue-1193	120	5	more	more	ADV
issue-1193	120	6	efficient	efficient	ADJ
issue-1193	120	7	the	the	DET
issue-1193	120	8	markets	market	NOUN
issue-1193	120	9	are	be	AUX
issue-1193	120	10	,	,	PUNCT
issue-1193	120	11	the	the	PRON
issue-1193	120	12	higher	high	ADJ
issue-1193	120	13	the	the	DET
issue-1193	120	14	encouragement	encouragement	NOUN
issue-1193	120	15	for	for	ADP
issue-1193	120	16	attracting	attract	VERB
issue-1193	120	17	cross	cross	NOUN
issue-1193	120	18	border	border	NOUN
issue-1193	120	19	mergers	merger	NOUN
issue-1193	120	20	&	&	CCONJ
issue-1193	120	21	acquisitions	acquisition	NOUN
issue-1193	120	22	.	.	PUNCT
issue-1193	121	1	in	in	ADP
issue-1193	121	2	earlier	early	ADJ
issue-1193	121	3	research	research	NOUN
issue-1193	121	4	we	we	PRON
issue-1193	121	5	have	have	AUX
issue-1193	121	6	found	find	VERB
issue-1193	121	7	,	,	PUNCT
issue-1193	121	8	that	that	SCONJ
issue-1193	121	9	the	the	DET
issue-1193	121	10	initial	initial	ADJ
issue-1193	121	11	level	level	NOUN
issue-1193	121	12	of	of	ADP
issue-1193	121	13	stock	stock	NOUN
issue-1193	121	14	market	market	NOUN
issue-1193	121	15	’s	’s	PART
issue-1193	121	16	development	development	NOUN
issue-1193	121	17	has	have	AUX
issue-1193	121	18	played	play	VERB
issue-1193	121	19	an	an	DET
issue-1193	121	20	important	important	ADJ
issue-1193	121	21	role	role	NOUN
issue-1193	121	22	in	in	ADP
issue-1193	121	23	attracting	attract	VERB
issue-1193	121	24	foreign	foreign	ADJ
issue-1193	121	25	direct	direct	ADJ
issue-1193	121	26	investment	investment	NOUN
issue-1193	121	27	in	in	ADP
issue-1193	121	28	cee	cee	NOUN
issue-1193	121	29	countries	country	NOUN
issue-1193	121	30	during	during	ADP
issue-1193	121	31	1999	1999	NUM
issue-1193	121	32	-	-	SYM
issue-1193	121	33	2012	2012	NUM
issue-1193	121	34	(	(	PUNCT
issue-1193	121	35	yemelyanova	yemelyanova	PROPN
issue-1193	121	36	,	,	PUNCT
issue-1193	121	37	2015	2015	NUM
issue-1193	121	38	)	)	PUNCT
issue-1193	121	39	.	.	PUNCT
issue-1193	122	1	according	accord	VERB
issue-1193	122	2	to	to	ADP
issue-1193	122	3	the	the	DET
issue-1193	122	4	existing	exist	VERB
issue-1193	122	5	of	of	ADP
issue-1193	122	6	different	different	ADJ
issue-1193	122	7	opinions	opinion	NOUN
issue-1193	122	8	on	on	ADP
issue-1193	122	9	the	the	DET
issue-1193	122	10	direction	direction	NOUN
issue-1193	122	11	of	of	ADP
issue-1193	122	12	relationship	relationship	NOUN
issue-1193	122	13	between	between	ADP
issue-1193	122	14	stock	stock	NOUN
issue-1193	122	15	market	market	NOUN
issue-1193	122	16	development	development	NOUN
issue-1193	122	17	,	,	PUNCT
issue-1193	122	18	banking	banking	NOUN
issue-1193	122	19	sector	sector	NOUN
issue-1193	122	20	development	development	NOUN
issue-1193	122	21	and	and	CCONJ
issue-1193	122	22	economic	economic	ADJ
issue-1193	122	23	growth	growth	NOUN
issue-1193	122	24	,	,	PUNCT
issue-1193	122	25	the	the	DET
issue-1193	122	26	main	main	ADJ
issue-1193	122	27	purpose	purpose	NOUN
issue-1193	122	28	of	of	ADP
issue-1193	122	29	the	the	DET
issue-1193	122	30	study	study	NOUN
issue-1193	122	31	is	be	AUX
issue-1193	122	32	to	to	PART
issue-1193	122	33	identify	identify	VERB
issue-1193	122	34	the	the	DET
issue-1193	122	35	direction	direction	NOUN
issue-1193	122	36	of	of	ADP
issue-1193	122	37	the	the	DET
issue-1193	122	38	relationship	relationship	NOUN
issue-1193	122	39	between	between	ADP
issue-1193	122	40	these	these	DET
issue-1193	122	41	indicators	indicator	NOUN
issue-1193	122	42	in	in	ADP
issue-1193	122	43	the	the	DET
issue-1193	122	44	cee	cee	NOUN
issue-1193	122	45	countries	country	NOUN
issue-1193	122	46	.	.	PUNCT
issue-1193	123	1	4	4	X
issue-1193	123	2	.	.	X
issue-1193	123	3	research	research	NOUN
issue-1193	123	4	methodology	methodology	NOUN
issue-1193	123	5	in	in	ADP
issue-1193	123	6	the	the	DET
issue-1193	123	7	research	research	NOUN
issue-1193	123	8	there	there	PRON
issue-1193	123	9	are	be	VERB
issue-1193	123	10	used	use	VERB
issue-1193	123	11	the	the	DET
issue-1193	123	12	annual	annual	ADJ
issue-1193	123	13	data	datum	NOUN
issue-1193	123	14	of	of	ADP
issue-1193	123	15	8	8	NUM
issue-1193	123	16	cee	cee	NOUN
issue-1193	123	17	countries	country	NOUN
issue-1193	123	18	(	(	PUNCT
issue-1193	123	19	poland	poland	PROPN
issue-1193	123	20	,	,	PUNCT
issue-1193	123	21	hungary	hungary	PROPN
issue-1193	123	22	,	,	PUNCT
issue-1193	123	23	the	the	DET
issue-1193	123	24	czech	czech	PROPN
issue-1193	123	25	republic	republic	NOUN
issue-1193	123	26	,	,	PUNCT
issue-1193	123	27	slovakia	slovakia	PROPN
issue-1193	123	28	,	,	PUNCT
issue-1193	123	29	slovenia	slovenia	PROPN
issue-1193	123	30	,	,	PUNCT
issue-1193	123	31	lithuania	lithuania	PROPN
issue-1193	123	32	,	,	PUNCT
issue-1193	123	33	latvia	latvia	PROPN
issue-1193	123	34	,	,	PUNCT
issue-1193	123	35	and	and	CCONJ
issue-1193	123	36	estonia	estonia	PROPN
issue-1193	123	37	)	)	PUNCT
issue-1193	123	38	for	for	ADP
issue-1193	123	39	the	the	DET
issue-1193	123	40	period	period	NOUN
issue-1193	123	41	from	from	ADP
issue-1193	123	42	1999	1999	NUM
issue-1193	123	43	to	to	ADP
issue-1193	123	44	2012	2012	NUM
issue-1193	123	45	,	,	PUNCT
issue-1193	123	46	and	and	CCONJ
issue-1193	123	47	the	the	DET
issue-1193	123	48	data	datum	NOUN
issue-1193	123	49	of	of	ADP
issue-1193	123	50	5	5	NUM
issue-1193	123	51	cee	cee	NOUN
issue-1193	123	52	countries	country	NOUN
issue-1193	123	53	(	(	PUNCT
issue-1193	123	54	poland	poland	PROPN
issue-1193	123	55	,	,	PUNCT
issue-1193	123	56	hungary	hungary	PROPN
issue-1193	123	57	,	,	PUNCT
issue-1193	123	58	the	the	DET
issue-1193	123	59	czech	czech	PROPN
issue-1193	123	60	republic	republic	NOUN
issue-1193	123	61	,	,	PUNCT
issue-1193	123	62	slovakia	slovakia	PROPN
issue-1193	123	63	,	,	PUNCT
issue-1193	123	64	slovenia	slovenia	PROPN
issue-1193	123	65	)	)	PUNCT
issue-1193	123	66	for	for	ADP
issue-1193	123	67	the	the	DET
issue-1193	123	68	period	period	NOUN
issue-1193	123	69	from	from	ADP
issue-1193	123	70	1999	1999	NUM
issue-1193	123	71	to	to	ADP
issue-1193	123	72	2015	2015	NUM
issue-1193	123	73	.	.	PUNCT
issue-1193	124	1	unfortunately	unfortunately	ADV
issue-1193	124	2	,	,	PUNCT
issue-1193	124	3	we	we	PRON
issue-1193	124	4	were	be	AUX
issue-1193	124	5	not	not	PART
issue-1193	124	6	able	able	ADJ
issue-1193	124	7	to	to	PART
issue-1193	124	8	collect	collect	VERB
issue-1193	124	9	the	the	DET
issue-1193	124	10	necessary	necessary	ADJ
issue-1193	124	11	statistics	statistic	NOUN
issue-1193	124	12	for	for	ADP
issue-1193	124	13	lithuania	lithuania	PROPN
issue-1193	124	14	,	,	PUNCT
issue-1193	124	15	latvia	latvia	PROPN
issue-1193	124	16	,	,	PUNCT
issue-1193	124	17	and	and	CCONJ
issue-1193	124	18	estonia	estonia	PROPN
issue-1193	124	19	for	for	ADP
issue-1193	124	20	20132015	20132015	NUM
issue-1193	124	21	,	,	PUNCT
issue-1193	124	22	so	so	SCONJ
issue-1193	124	23	that	that	PRON
issue-1193	124	24	is	be	AUX
issue-1193	124	25	why	why	SCONJ
issue-1193	124	26	we	we	PRON
issue-1193	124	27	divided	divide	VERB
issue-1193	124	28	our	our	PRON
issue-1193	124	29	study	study	NOUN
issue-1193	124	30	into	into	ADP
issue-1193	124	31	two	two	NUM
issue-1193	124	32	parts	part	NOUN
issue-1193	124	33	.	.	PUNCT
issue-1193	125	1	the	the	DET
issue-1193	125	2	study	study	NOUN
issue-1193	125	3	is	be	AUX
issue-1193	125	4	based	base	VERB
issue-1193	125	5	on	on	ADP
issue-1193	125	6	the	the	DET
issue-1193	125	7	granger	granger	PROPN
issue-1193	125	8	causality	causality	PROPN
issue-1193	125	9	test	test	NOUN
issue-1193	125	10	and	and	CCONJ
issue-1193	125	11	the	the	DET
issue-1193	125	12	linear	linear	ADJ
issue-1193	125	13	regression	regression	NOUN
issue-1193	125	14	models	model	NOUN
issue-1193	125	15	.	.	PUNCT
issue-1193	126	1	the	the	DET
issue-1193	126	2	granger	granger	PROPN
issue-1193	126	3	causality	causality	PROPN
issue-1193	126	4	test	test	NOUN
issue-1193	126	5	is	be	AUX
issue-1193	126	6	a	a	DET
issue-1193	126	7	statistical	statistical	ADJ
issue-1193	126	8	hypothesis	hypothesis	NOUN
issue-1193	126	9	test	test	NOUN
issue-1193	126	10	for	for	ADP
issue-1193	126	11	determining	determine	VERB
issue-1193	126	12	whether	whether	SCONJ
issue-1193	126	13	one	one	NUM
issue-1193	126	14	time	time	NOUN
issue-1193	126	15	series	series	NOUN
issue-1193	126	16	is	be	AUX
issue-1193	126	17	useful	useful	ADJ
issue-1193	126	18	for	for	ADP
issue-1193	126	19	forecasting	forecast	VERB
issue-1193	126	20	another	another	PRON
issue-1193	126	21	.	.	PUNCT
issue-1193	127	1	the	the	DET
issue-1193	127	2	interpretation	interpretation	NOUN
issue-1193	127	3	of	of	ADP
issue-1193	127	4	the	the	DET
issue-1193	127	5	results	result	NOUN
issue-1193	127	6	of	of	ADP
issue-1193	127	7	granger	granger	PROPN
issue-1193	127	8	causality	causality	PROPN
issue-1193	127	9	test	test	NOUN
issue-1193	127	10	is	be	AUX
issue-1193	127	11	as	as	SCONJ
issue-1193	127	12	follows	follow	VERB
issue-1193	127	13	:	:	PUNCT
issue-1193	127	14	if	if	SCONJ
issue-1193	127	15	the	the	DET
issue-1193	127	16	probability	probability	NOUN
issue-1193	127	17	against	against	ADP
issue-1193	127	18	a	a	DET
issue-1193	127	19	particular	particular	ADJ
issue-1193	127	20	hypothesis	hypothesis	NOUN
issue-1193	127	21	is	be	AUX
issue-1193	127	22	sufficiently	sufficiently	ADV
issue-1193	127	23	high	high	ADJ
issue-1193	127	24	(	(	PUNCT
issue-1193	127	25	i.e.	i.e.	X
issue-1193	127	26	,	,	PUNCT
issue-1193	127	27	its	its	PRON
issue-1193	127	28	value	value	NOUN
issue-1193	127	29	<	<	X
issue-1193	127	30	0,05	0,05	NOUN
issue-1193	127	31	)	)	PUNCT
issue-1193	127	32	,	,	PUNCT
issue-1193	127	33	we	we	PRON
issue-1193	127	34	can	can	AUX
issue-1193	127	35	reject	reject	VERB
issue-1193	127	36	the	the	DET
issue-1193	127	37	formulated	formulate	VERB
issue-1193	127	38	null	null	ADJ
issue-1193	127	39	hypothesis	hypothesis	NOUN
issue-1193	127	40	and	and	CCONJ
issue-1193	127	41	accept	accept	VERB
issue-1193	127	42	an	an	DET
issue-1193	127	43	alternative	alternative	ADJ
issue-1193	127	44	one	one	NUM
issue-1193	127	45	.	.	PUNCT
issue-1193	128	1	the	the	DET
issue-1193	128	2	general	general	ADJ
issue-1193	128	3	view	view	NOUN
issue-1193	128	4	of	of	ADP
issue-1193	128	5	the	the	DET
issue-1193	128	6	linear	linear	PROPN
issue-1193	128	7	regression	regression	NOUN
issue-1193	128	8	model	model	NOUN
issue-1193	128	9	is	be	AUX
issue-1193	128	10	as	as	SCONJ
issue-1193	128	11	follows	follow	VERB
issue-1193	128	12	:	:	PUNCT
issue-1193	129	1	y	y	PROPN
issue-1193	129	2	=	=	SYM
issue-1193	129	3	β0	β0	PROPN
issue-1193	130	1	+	+	CCONJ
issue-1193	130	2	β1	β1	PROPN
issue-1193	130	3	x1	x1	PROPN
issue-1193	131	1	+	+	CCONJ
issue-1193	131	2	β2	β2	NOUN
issue-1193	131	3	x2	x2	PROPN
issue-1193	132	1	+	+	CCONJ
issue-1193	132	2	…	…	PUNCT
issue-1193	132	3	+	+	CCONJ
issue-1193	132	4	βn	βn	NOUN
issue-1193	132	5	xn	xn	PROPN
issue-1193	133	1	+	+	PROPN
issue-1193	133	2	ε	ε	PROPN
issue-1193	133	3	,	,	PUNCT
issue-1193	133	4	y	y	PROPN
issue-1193	133	5	is	be	AUX
issue-1193	133	6	a	a	DET
issue-1193	133	7	dependent	dependent	ADJ
issue-1193	133	8	variable	variable	NOUN
issue-1193	133	9	;	;	PUNCT
issue-1193	133	10	x1	x1	NUM
issue-1193	133	11	,	,	PUNCT
issue-1193	133	12	x2	x2	PROPN
issue-1193	133	13	,	,	PUNCT
issue-1193	133	14	…	…	PUNCT
issue-1193	133	15	,	,	PUNCT
issue-1193	133	16	xn	xn	PROPN
issue-1193	133	17	are	be	AUX
issue-1193	133	18	independent	independent	ADJ
issue-1193	133	19	variables	variable	NOUN
issue-1193	133	20	;	;	PUNCT
issue-1193	133	21	β0	β0	PROPN
issue-1193	133	22	is	be	AUX
issue-1193	133	23	the	the	DET
issue-1193	133	24	intercept	intercept	NOUN
issue-1193	133	25	constant	constant	ADJ
issue-1193	133	26	,	,	PUNCT
issue-1193	133	27	the	the	DET
issue-1193	133	28	value	value	NOUN
issue-1193	133	29	of	of	ADP
issue-1193	133	30	y	y	PROPN
issue-1193	133	31	in	in	ADP
issue-1193	133	32	absence	absence	NOUN
issue-1193	133	33	of	of	ADP
issue-1193	133	34	all	all	DET
issue-1193	133	35	predictors	predictor	NOUN
issue-1193	133	36	(	(	PUNCT
issue-1193	133	37	i.e.	i.e.	X
issue-1193	133	38	when	when	SCONJ
issue-1193	133	39	all	all	PRON
issue-1193	133	40	x	x	ADP
issue-1193	133	41	terms	term	NOUN
issue-1193	133	42	are	be	AUX
issue-1193	133	43	0	0	NUM
issue-1193	133	44	)	)	PUNCT
issue-1193	133	45	;	;	PUNCT
issue-1193	133	46	β1	β1	PROPN
issue-1193	133	47	,	,	PUNCT
issue-1193	133	48	β2	β2	NOUN
issue-1193	133	49	,	,	PUNCT
issue-1193	133	50	…	…	PUNCT
issue-1193	133	51	,	,	PUNCT
issue-1193	133	52	βn	βn	X
issue-1193	133	53	are	be	AUX
issue-1193	133	54	coefficients	coefficient	NOUN
issue-1193	133	55	,	,	PUNCT
issue-1193	133	56	that	that	PRON
issue-1193	133	57	indicate	indicate	VERB
issue-1193	133	58	the	the	DET
issue-1193	133	59	impact	impact	NOUN
issue-1193	133	60	of	of	ADP
issue-1193	133	61	independent	independent	ADJ
issue-1193	133	62	variables	variable	NOUN
issue-1193	133	63	on	on	ADP
issue-1193	133	64	dependent	dependent	ADJ
issue-1193	133	65	variable	variable	NOUN
issue-1193	133	66	;	;	PUNCT
issue-1193	133	67	ε	ε	PROPN
issue-1193	133	68	is	be	AUX
issue-1193	133	69	the	the	DET
issue-1193	133	70	random	random	ADJ
issue-1193	133	71	error	error	NOUN
issue-1193	133	72	,	,	PUNCT
issue-1193	133	73	which	which	PRON
issue-1193	133	74	describes	describe	VERB
issue-1193	133	75	the	the	DET
issue-1193	133	76	random	random	ADJ
issue-1193	133	77	component	component	NOUN
issue-1193	133	78	of	of	ADP
issue-1193	133	79	the	the	DET
issue-1193	133	80	linear	linear	ADJ
issue-1193	133	81	relationship	relationship	NOUN
issue-1193	133	82	between	between	ADP
issue-1193	133	83	the	the	DET
issue-1193	133	84	dependent	dependent	ADJ
issue-1193	133	85	variable	variable	NOUN
issue-1193	133	86	and	and	CCONJ
issue-1193	133	87	independent	independent	ADJ
issue-1193	133	88	variables	variable	NOUN
issue-1193	133	89	(	(	PUNCT
issue-1193	133	90	the	the	DET
issue-1193	133	91	disturbance	disturbance	NOUN
issue-1193	133	92	of	of	ADP
issue-1193	133	93	the	the	DET
issue-1193	133	94	model	model	NOUN
issue-1193	133	95	,	,	PUNCT
issue-1193	133	96	the	the	DET
issue-1193	133	97	part	part	NOUN
issue-1193	133	98	of	of	ADP
issue-1193	133	99	y	y	PROPN
issue-1193	133	100	that	that	PRON
issue-1193	133	101	x	x	PRON
issue-1193	133	102	is	be	AUX
issue-1193	133	103	unable	unable	ADJ
issue-1193	133	104	to	to	PART
issue-1193	133	105	explain	explain	VERB
issue-1193	133	106	)	)	PUNCT
issue-1193	133	107	.	.	PUNCT
issue-1193	134	1	that	that	PRON
issue-1193	134	2	is	be	AUX
issue-1193	134	3	multiple	multiple	ADJ
issue-1193	134	4	linear	linear	ADJ
issue-1193	134	5	model	model	NOUN
issue-1193	134	6	because	because	SCONJ
issue-1193	134	7	we	we	PRON
issue-1193	134	8	use	use	VERB
issue-1193	134	9	more	more	ADJ
issue-1193	134	10	than	than	ADP
issue-1193	134	11	one	one	NUM
issue-1193	134	12	(	(	PUNCT
issue-1193	134	13	two	two	NUM
issue-1193	134	14	or	or	CCONJ
issue-1193	134	15	more	more	ADJ
issue-1193	134	16	)	)	PUNCT
issue-1193	134	17	independent	independent	ADJ
issue-1193	134	18	variables	variable	NOUN
issue-1193	134	19	in	in	ADP
issue-1193	134	20	our	our	PRON
issue-1193	134	21	model	model	NOUN
issue-1193	134	22	.	.	PUNCT
issue-1193	135	1	5	5	X
issue-1193	135	2	.	.	X
issue-1193	135	3	research	research	NOUN
issue-1193	135	4	results	result	NOUN
issue-1193	135	5	in	in	ADP
issue-1193	135	6	our	our	PRON
issue-1193	135	7	study	study	NOUN
issue-1193	135	8	we	we	PRON
issue-1193	135	9	researched	research	VERB
issue-1193	135	10	the	the	DET
issue-1193	135	11	relationship	relationship	NOUN
issue-1193	135	12	between	between	ADP
issue-1193	135	13	the	the	DET
issue-1193	135	14	stock	stock	NOUN
issue-1193	135	15	market	market	NOUN
issue-1193	135	16	development	development	NOUN
issue-1193	135	17	,	,	PUNCT
issue-1193	135	18	the	the	DET
issue-1193	135	19	banking	banking	NOUN
issue-1193	135	20	sector	sector	NOUN
issue-1193	135	21	development	development	NOUN
issue-1193	135	22	,	,	PUNCT
issue-1193	135	23	economic	economic	ADJ
issue-1193	135	24	growth	growth	NOUN
issue-1193	135	25	,	,	PUNCT
issue-1193	135	26	gross	gross	ADJ
issue-1193	135	27	capital	capital	NOUN
issue-1193	135	28	formation	formation	NOUN
issue-1193	135	29	,	,	PUNCT
issue-1193	135	30	fdi	fdi	NOUN
issue-1193	135	31	inflows	inflow	NOUN
issue-1193	135	32	and	and	CCONJ
issue-1193	135	33	stocks	stock	NOUN
issue-1193	135	34	,	,	PUNCT
issue-1193	135	35	and	and	CCONJ
issue-1193	135	36	portfolio	portfolio	NOUN
issue-1193	135	37	equity	equity	NOUN
issue-1193	135	38	inflows	inflow	NOUN
issue-1193	135	39	and	and	CCONJ
issue-1193	135	40	stocks	stock	NOUN
issue-1193	135	41	.	.	PUNCT
issue-1193	136	1	to	to	PART
issue-1193	136	2	measure	measure	VERB
issue-1193	136	3	the	the	DET
issue-1193	136	4	level	level	NOUN
issue-1193	136	5	of	of	ADP
issue-1193	136	6	the	the	DET
issue-1193	136	7	stock	stock	NOUN
issue-1193	136	8	market	market	NOUN
issue-1193	136	9	development	development	NOUN
issue-1193	136	10	we	we	PRON
issue-1193	136	11	used	use	VERB
issue-1193	136	12	the	the	DET
issue-1193	136	13	indicators	indicator	NOUN
issue-1193	136	14	of	of	ADP
issue-1193	136	15	the	the	DET
issue-1193	136	16	size	size	NOUN
issue-1193	136	17	and	and	CCONJ
issue-1193	136	18	stock	stock	NOUN
issue-1193	136	19	market	market	NOUN
issue-1193	136	20	liquidity	liquidity	NOUN
issue-1193	136	21	,	,	PUNCT
issue-1193	136	22	such	such	ADJ
issue-1193	136	23	as	as	ADP
issue-1193	136	24	stock	stock	PROPN
issue-1193	136	25	baltic	baltic	PROPN
issue-1193	136	26	journal	journal	PROPN
issue-1193	136	27	of	of	ADP
issue-1193	136	28	economic	economic	ADJ
issue-1193	136	29	studies	study	NOUN
issue-1193	136	30	122	122	NUM
issue-1193	136	31	vol	vol	NOUN
issue-1193	136	32	.	.	PROPN
issue-1193	137	1	7	7	NUM
issue-1193	138	1	no	no	NOUN
issue-1193	138	2	.	.	NOUN
issue-1193	139	1	3	3	NUM
issue-1193	139	2	,	,	PUNCT
issue-1193	139	3	2021	2021	NUM
issue-1193	139	4	market	market	NOUN
issue-1193	139	5	capitalization	capitalization	NOUN
issue-1193	139	6	and	and	CCONJ
issue-1193	139	7	stock	stock	NOUN
issue-1193	139	8	traded	trade	VERB
issue-1193	139	9	respectively	respectively	ADV
issue-1193	139	10	.	.	PUNCT
issue-1193	140	1	to	to	PART
issue-1193	140	2	measure	measure	VERB
issue-1193	140	3	the	the	DET
issue-1193	140	4	level	level	NOUN
issue-1193	140	5	of	of	ADP
issue-1193	140	6	the	the	DET
issue-1193	140	7	banking	banking	NOUN
issue-1193	140	8	sector	sector	NOUN
issue-1193	140	9	development	development	NOUN
issue-1193	140	10	we	we	PRON
issue-1193	140	11	used	use	VERB
issue-1193	140	12	domestic	domestic	ADJ
issue-1193	140	13	credit	credit	NOUN
issue-1193	140	14	to	to	ADP
issue-1193	140	15	private	private	ADJ
issue-1193	140	16	sector	sector	NOUN
issue-1193	140	17	and	and	CCONJ
issue-1193	140	18	also	also	ADV
issue-1193	140	19	we	we	PRON
issue-1193	140	20	used	use	VERB
issue-1193	140	21	gdp	gdp	NOUN
issue-1193	140	22	per	per	ADP
issue-1193	140	23	capita	capita	NOUN
issue-1193	140	24	growth	growth	NOUN
issue-1193	140	25	to	to	PART
issue-1193	140	26	measure	measure	VERB
issue-1193	140	27	economic	economic	ADJ
issue-1193	140	28	growth	growth	NOUN
issue-1193	140	29	.	.	PUNCT
issue-1193	141	1	for	for	ADP
issue-1193	141	2	a	a	DET
issue-1193	141	3	better	well	ADJ
issue-1193	141	4	perception	perception	NOUN
issue-1193	141	5	of	of	ADP
issue-1193	141	6	the	the	DET
issue-1193	141	7	results	result	NOUN
issue-1193	141	8	,	,	PUNCT
issue-1193	141	9	it	it	PRON
issue-1193	141	10	was	be	AUX
issue-1193	141	11	used	use	VERB
issue-1193	141	12	the	the	DET
issue-1193	141	13	following	following	ADJ
issue-1193	141	14	legend	legend	NOUN
issue-1193	141	15	:	:	PUNCT
issue-1193	141	16	cap	cap	NOUN
issue-1193	141	17	–	–	PUNCT
issue-1193	141	18	stock	stock	NOUN
issue-1193	141	19	market	market	NOUN
issue-1193	141	20	capitalization	capitalization	NOUN
issue-1193	141	21	as	as	ADP
issue-1193	141	22	a	a	DET
issue-1193	141	23	percentage	percentage	NOUN
issue-1193	141	24	of	of	ADP
issue-1193	141	25	gdp	gdp	NOUN
issue-1193	141	26	;	;	PUNCT
issue-1193	141	27	st_traded	st_trade	VERB
issue-1193	141	28	is	be	AUX
issue-1193	141	29	the	the	DET
issue-1193	141	30	stock	stock	NOUN
issue-1193	141	31	traded	trade	VERB
issue-1193	141	32	as	as	ADP
issue-1193	141	33	a	a	DET
issue-1193	141	34	percentage	percentage	NOUN
issue-1193	141	35	of	of	ADP
issue-1193	141	36	gdp	gdp	NOUN
issue-1193	141	37	;	;	PUNCT
issue-1193	141	38	dcps	dcp	NOUN
issue-1193	141	39	is	be	AUX
issue-1193	141	40	the	the	DET
issue-1193	141	41	domestic	domestic	ADJ
issue-1193	141	42	credit	credit	NOUN
issue-1193	141	43	to	to	ADP
issue-1193	141	44	private	private	ADJ
issue-1193	141	45	sector	sector	NOUN
issue-1193	141	46	as	as	ADP
issue-1193	141	47	a	a	DET
issue-1193	141	48	percentage	percentage	NOUN
issue-1193	141	49	of	of	ADP
issue-1193	141	50	gdp	gdp	NOUN
issue-1193	141	51	;	;	PUNCT
issue-1193	141	52	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	141	53	is	be	AUX
issue-1193	141	54	gdp	gdp	NOUN
issue-1193	141	55	per	per	ADP
issue-1193	141	56	capita	capita	NOUN
issue-1193	141	57	growth	growth	NOUN
issue-1193	141	58	;	;	PUNCT
issue-1193	141	59	gcf	gcf	PROPN
issue-1193	141	60	is	be	AUX
issue-1193	141	61	the	the	DET
issue-1193	141	62	gross	gross	ADJ
issue-1193	141	63	capital	capital	NOUN
issue-1193	141	64	formation	formation	NOUN
issue-1193	141	65	as	as	ADP
issue-1193	141	66	a	a	DET
issue-1193	141	67	percentage	percentage	NOUN
issue-1193	141	68	of	of	ADP
issue-1193	141	69	gdp	gdp	NOUN
issue-1193	141	70	;	;	PUNCT
issue-1193	141	71	fdi_inflows	fdi_inflow	NOUN
issue-1193	141	72	is	be	AUX
issue-1193	141	73	the	the	DET
issue-1193	141	74	net	net	ADJ
issue-1193	141	75	inflows	inflow	NOUN
issue-1193	141	76	of	of	ADP
issue-1193	141	77	foreign	foreign	ADJ
issue-1193	141	78	direct	direct	ADJ
issue-1193	141	79	investment	investment	NOUN
issue-1193	141	80	as	as	ADP
issue-1193	141	81	a	a	DET
issue-1193	141	82	percentage	percentage	NOUN
issue-1193	141	83	of	of	ADP
issue-1193	141	84	gdp	gdp	NOUN
issue-1193	141	85	;	;	PUNCT
issue-1193	141	86	fdi_stocks	fdi_stock	NOUN
issue-1193	141	87	is	be	AUX
issue-1193	141	88	the	the	DET
issue-1193	141	89	foreign	foreign	ADJ
issue-1193	141	90	direct	direct	ADJ
issue-1193	141	91	investment	investment	NOUN
issue-1193	141	92	stocks	stock	NOUN
issue-1193	141	93	as	as	ADP
issue-1193	141	94	a	a	DET
issue-1193	141	95	percentage	percentage	NOUN
issue-1193	141	96	of	of	ADP
issue-1193	141	97	gdp	gdp	NOUN
issue-1193	141	98	;	;	PUNCT
issue-1193	141	99	pe_inflows	pe_inflow	NOUN
issue-1193	141	100	is	be	AUX
issue-1193	141	101	the	the	DET
issue-1193	141	102	net	net	ADJ
issue-1193	141	103	inflows	inflow	NOUN
issue-1193	141	104	of	of	ADP
issue-1193	141	105	portfolio	portfolio	NOUN
issue-1193	141	106	equity	equity	NOUN
issue-1193	141	107	as	as	ADP
issue-1193	141	108	a	a	DET
issue-1193	141	109	percentage	percentage	NOUN
issue-1193	141	110	of	of	ADP
issue-1193	141	111	gdp	gdp	NOUN
issue-1193	141	112	,	,	PUNCT
issue-1193	141	113	pe_stocks	pe_stock	NOUN
issue-1193	141	114	is	be	AUX
issue-1193	141	115	the	the	DET
issue-1193	141	116	portfolio	portfolio	NOUN
issue-1193	141	117	equity	equity	NOUN
issue-1193	141	118	stocks	stock	NOUN
issue-1193	141	119	as	as	ADP
issue-1193	141	120	a	a	DET
issue-1193	141	121	percentage	percentage	NOUN
issue-1193	141	122	of	of	ADP
issue-1193	141	123	gdp	gdp	NOUN
issue-1193	141	124	.	.	PUNCT
issue-1193	142	1	the	the	DET
issue-1193	142	2	results	result	NOUN
issue-1193	142	3	of	of	ADP
issue-1193	142	4	the	the	DET
issue-1193	142	5	granger	granger	PROPN
issue-1193	142	6	causality	causality	PROPN
issue-1193	142	7	test	test	NOUN
issue-1193	142	8	are	be	AUX
issue-1193	142	9	summarized	summarize	VERB
issue-1193	142	10	in	in	ADP
issue-1193	142	11	tables	table	NOUN
issue-1193	142	12	1	1	NUM
issue-1193	142	13	-	-	SYM
issue-1193	142	14	2	2	NUM
issue-1193	142	15	.	.	PUNCT
issue-1193	142	16	table	table	NOUN
issue-1193	142	17	1	1	NUM
issue-1193	142	18	highlights	highlight	NOUN
issue-1193	142	19	the	the	DET
issue-1193	142	20	results	result	NOUN
issue-1193	142	21	that	that	PRON
issue-1193	142	22	directly	directly	ADV
issue-1193	142	23	relate	relate	VERB
issue-1193	142	24	to	to	ADP
issue-1193	142	25	the	the	DET
issue-1193	142	26	relationship	relationship	NOUN
issue-1193	142	27	between	between	ADP
issue-1193	142	28	stock	stock	NOUN
issue-1193	142	29	market	market	NOUN
issue-1193	142	30	’s	’s	PART
issue-1193	142	31	development	development	NOUN
issue-1193	142	32	indicators	indicator	NOUN
issue-1193	142	33	,	,	PUNCT
issue-1193	142	34	banking	banking	NOUN
issue-1193	142	35	sector	sector	NOUN
issue-1193	142	36	development	development	NOUN
issue-1193	142	37	and	and	CCONJ
issue-1193	142	38	macroeconomic	macroeconomic	ADJ
issue-1193	142	39	indicators	indicator	NOUN
issue-1193	142	40	,	,	PUNCT
issue-1193	142	41	and	and	CCONJ
issue-1193	142	42	table	table	NOUN
issue-1193	142	43	2	2	NUM
issue-1193	142	44	highlights	highlight	NOUN
issue-1193	142	45	the	the	DET
issue-1193	142	46	results	result	NOUN
issue-1193	142	47	that	that	PRON
issue-1193	142	48	relate	relate	VERB
issue-1193	142	49	to	to	ADP
issue-1193	142	50	relationships	relationship	NOUN
issue-1193	142	51	between	between	ADP
issue-1193	142	52	macroeconomic	macroeconomic	ADJ
issue-1193	142	53	indicators	indicator	NOUN
issue-1193	142	54	.	.	PUNCT
issue-1193	143	1	note	note	VERB
issue-1193	143	2	that	that	SCONJ
issue-1193	143	3	there	there	PRON
issue-1193	143	4	are	be	VERB
issue-1193	143	5	only	only	ADV
issue-1193	143	6	the	the	DET
issue-1193	143	7	pairs	pair	NOUN
issue-1193	143	8	of	of	ADP
issue-1193	143	9	indicators	indicator	NOUN
issue-1193	143	10	for	for	ADP
issue-1193	143	11	which	which	PRON
issue-1193	143	12	the	the	DET
issue-1193	143	13	relationship	relationship	NOUN
issue-1193	143	14	has	have	AUX
issue-1193	143	15	been	be	AUX
issue-1193	143	16	established	establish	VERB
issue-1193	143	17	in	in	ADP
issue-1193	143	18	at	at	ADV
issue-1193	143	19	least	least	ADJ
issue-1193	143	20	one	one	NUM
issue-1193	143	21	of	of	ADP
issue-1193	143	22	the	the	DET
issue-1193	143	23	studied	study	VERB
issue-1193	143	24	periods	period	NOUN
issue-1193	143	25	.	.	PUNCT
issue-1193	144	1	according	accord	VERB
issue-1193	144	2	to	to	ADP
issue-1193	144	3	the	the	DET
issue-1193	144	4	results	result	NOUN
issue-1193	144	5	(	(	PUNCT
issue-1193	144	6	table	table	NOUN
issue-1193	144	7	1	1	NUM
issue-1193	144	8	)	)	PUNCT
issue-1193	144	9	,	,	PUNCT
issue-1193	144	10	we	we	PRON
issue-1193	144	11	can	can	AUX
issue-1193	144	12	make	make	VERB
issue-1193	144	13	a	a	DET
issue-1193	144	14	conclusion	conclusion	NOUN
issue-1193	144	15	about	about	ADP
issue-1193	144	16	the	the	DET
issue-1193	144	17	important	important	ADJ
issue-1193	144	18	role	role	NOUN
issue-1193	144	19	of	of	ADP
issue-1193	144	20	stock	stock	NOUN
issue-1193	144	21	market	market	NOUN
issue-1193	144	22	development	development	NOUN
issue-1193	144	23	in	in	ADP
issue-1193	144	24	the	the	DET
issue-1193	144	25	economic	economic	ADJ
issue-1193	144	26	growth	growth	NOUN
issue-1193	144	27	of	of	ADP
issue-1193	144	28	cee	cee	NOUN
issue-1193	144	29	countries	country	NOUN
issue-1193	144	30	in	in	ADP
issue-1193	144	31	both	both	DET
issue-1193	144	32	time	time	NOUN
issue-1193	144	33	periods	period	NOUN
issue-1193	144	34	.	.	PUNCT
issue-1193	145	1	so	so	ADV
issue-1193	145	2	,	,	PUNCT
issue-1193	145	3	in	in	ADP
issue-1193	145	4	particular	particular	ADJ
issue-1193	145	5	,	,	PUNCT
issue-1193	145	6	with	with	ADP
issue-1193	145	7	a	a	DET
issue-1193	145	8	probability	probability	NOUN
issue-1193	145	9	of	of	ADP
issue-1193	145	10	0.0000	0.0000	NUM
issue-1193	145	11	(	(	PUNCT
issue-1193	145	12	which	which	PRON
issue-1193	145	13	is	be	AUX
issue-1193	145	14	<	<	X
issue-1193	145	15	0.05	0.05	NUM
issue-1193	145	16	)	)	PUNCT
issue-1193	145	17	we	we	PRON
issue-1193	145	18	reject	reject	VERB
issue-1193	145	19	the	the	DET
issue-1193	145	20	null	null	ADJ
issue-1193	145	21	hypothesis	hypothesis	NOUN
issue-1193	145	22	“	"	PUNCT
issue-1193	145	23	stock	stock	NOUN
issue-1193	145	24	market	market	NOUN
issue-1193	145	25	capitalization	capitalization	NOUN
issue-1193	145	26	does	do	AUX
issue-1193	145	27	not	not	PART
issue-1193	145	28	granger	granger	AUX
issue-1193	145	29	cause	cause	VERB
issue-1193	145	30	gdp	gdp	NOUN
issue-1193	145	31	per	per	ADP
issue-1193	145	32	capita	capita	NOUN
issue-1193	145	33	growth	growth	NOUN
issue-1193	145	34	”	"	PUNCT
issue-1193	145	35	and	and	CCONJ
issue-1193	145	36	accept	accept	VERB
issue-1193	145	37	the	the	DET
issue-1193	145	38	alternative	alternative	ADJ
issue-1193	145	39	one	one	NUM
issue-1193	145	40	“	"	PUNCT
issue-1193	145	41	stock	stock	NOUN
issue-1193	145	42	market	market	NOUN
issue-1193	145	43	capitalization	capitalization	NOUN
issue-1193	145	44	is	be	AUX
issue-1193	145	45	cause	cause	NOUN
issue-1193	145	46	of	of	ADP
issue-1193	145	47	gdp	gdp	NOUN
issue-1193	145	48	per	per	ADP
issue-1193	145	49	capita	capita	NOUN
issue-1193	145	50	growth	growth	NOUN
issue-1193	145	51	”	"	PUNCT
issue-1193	145	52	.	.	PUNCT
issue-1193	146	1	in	in	ADP
issue-1193	146	2	the	the	DET
issue-1193	146	3	same	same	ADJ
issue-1193	146	4	way	way	NOUN
issue-1193	146	5	we	we	PRON
issue-1193	146	6	analyze	analyze	VERB
issue-1193	146	7	the	the	DET
issue-1193	146	8	other	other	ADJ
issue-1193	146	9	pairs	pair	NOUN
issue-1193	146	10	of	of	ADP
issue-1193	146	11	indicators	indicator	NOUN
issue-1193	146	12	.	.	PUNCT
issue-1193	147	1	for	for	ADP
issue-1193	147	2	more	more	ADJ
issue-1193	147	3	visual	visual	ADJ
issue-1193	147	4	perception	perception	NOUN
issue-1193	147	5	of	of	ADP
issue-1193	147	6	information	information	NOUN
issue-1193	147	7	,	,	PUNCT
issue-1193	147	8	the	the	DET
issue-1193	147	9	results	result	NOUN
issue-1193	147	10	of	of	ADP
issue-1193	147	11	analysis	analysis	NOUN
issue-1193	147	12	are	be	AUX
issue-1193	147	13	submitted	submit	VERB
issue-1193	147	14	in	in	ADP
issue-1193	147	15	tables	table	NOUN
issue-1193	147	16	3	3	NUM
issue-1193	147	17	-	-	SYM
issue-1193	147	18	4	4	NUM
issue-1193	147	19	,	,	PUNCT
issue-1193	147	20	where	where	SCONJ
issue-1193	147	21	“	"	PUNCT
issue-1193	147	22	→	→	SYM
issue-1193	147	23	”	"	PUNCT
issue-1193	147	24	denotes	denote	NOUN
issue-1193	147	25	the	the	DET
issue-1193	147	26	direction	direction	NOUN
issue-1193	147	27	of	of	ADP
issue-1193	147	28	the	the	DET
issue-1193	147	29	relationship	relationship	NOUN
issue-1193	147	30	,	,	PUNCT
issue-1193	147	31	“	"	PUNCT
issue-1193	147	32	+	+	ADJ
issue-1193	147	33	”	"	PUNCT
issue-1193	147	34	denotes	denote	VERB
issue-1193	147	35	the	the	DET
issue-1193	147	36	presence	presence	NOUN
issue-1193	147	37	of	of	ADP
issue-1193	147	38	the	the	DET
issue-1193	147	39	specified	specified	ADJ
issue-1193	147	40	direction	direction	NOUN
issue-1193	147	41	of	of	ADP
issue-1193	147	42	influence	influence	NOUN
issue-1193	147	43	of	of	ADP
issue-1193	147	44	one	one	NUM
issue-1193	147	45	variable	variable	NOUN
issue-1193	147	46	on	on	ADP
issue-1193	147	47	another	another	PRON
issue-1193	147	48	,	,	PUNCT
issue-1193	147	49	and	and	CCONJ
issue-1193	147	50	“	"	PUNCT
issue-1193	147	51	-	-	INTJ
issue-1193	147	52	”	"	PUNCT
issue-1193	147	53	respectively	respectively	ADV
issue-1193	147	54	,	,	PUNCT
issue-1193	147	55	the	the	DET
issue-1193	147	56	absence	absence	NOUN
issue-1193	147	57	of	of	ADP
issue-1193	147	58	such	such	ADJ
issue-1193	147	59	influence	influence	NOUN
issue-1193	147	60	.	.	PUNCT
issue-1193	148	1	table	table	NOUN
issue-1193	148	2	1	1	NUM
issue-1193	148	3	analysis	analysis	NOUN
issue-1193	148	4	of	of	ADP
issue-1193	148	5	the	the	DET
issue-1193	148	6	relationship	relationship	NOUN
issue-1193	148	7	between	between	ADP
issue-1193	148	8	the	the	DET
issue-1193	148	9	level	level	NOUN
issue-1193	148	10	of	of	ADP
issue-1193	148	11	stock	stock	NOUN
issue-1193	148	12	market	market	NOUN
issue-1193	148	13	development	development	NOUN
issue-1193	148	14	,	,	PUNCT
issue-1193	148	15	banking	banking	NOUN
issue-1193	148	16	sector	sector	NOUN
issue-1193	148	17	development	development	NOUN
issue-1193	148	18	and	and	CCONJ
issue-1193	148	19	the	the	DET
issue-1193	148	20	macroeconomic	macroeconomic	ADJ
issue-1193	148	21	indicators	indicator	NOUN
issue-1193	148	22	in	in	ADP
issue-1193	148	23	cee	cee	NOUN
issue-1193	148	24	countries	country	NOUN
issue-1193	148	25	in	in	ADP
issue-1193	148	26	1999	1999	NUM
issue-1193	148	27	-	-	SYM
issue-1193	148	28	2015	2015	NUM
issue-1193	148	29	hypotheses	hypothesis	NOUN
issue-1193	148	30	number	number	NOUN
issue-1193	148	31	of	of	ADP
issue-1193	148	32	observations	observation	NOUN
issue-1193	148	33	probability	probability	VERB
issue-1193	148	34	1999	1999	NUM
issue-1193	148	35	-	-	SYM
issue-1193	148	36	2012	2012	NUM
issue-1193	148	37	1999	1999	NUM
issue-1193	148	38	-	-	SYM
issue-1193	148	39	2015	2015	NUM
issue-1193	148	40	1999	1999	NUM
issue-1193	148	41	-	-	SYM
issue-1193	148	42	2012	2012	NUM
issue-1193	148	43	1999	1999	NUM
issue-1193	148	44	-	-	SYM
issue-1193	148	45	2015	2015	NUM
issue-1193	148	46	fdi_inflows	fdi_inflow	NOUN
issue-1193	148	47	does	do	AUX
issue-1193	148	48	not	not	PART
issue-1193	148	49	granger	granger	PROPN
issue-1193	148	50	cause	cause	VERB
issue-1193	148	51	cap	cap	NOUN
issue-1193	148	52	cap	cap	NOUN
issue-1193	148	53	does	do	AUX
issue-1193	148	54	not	not	PART
issue-1193	148	55	granger	granger	NOUN
issue-1193	148	56	cause	cause	VERB
issue-1193	148	57	fdi_inflows	fdi_inflow	VERB
issue-1193	148	58	107	107	NUM
issue-1193	148	59	75	75	NUM
issue-1193	148	60	0.6027	0.6027	NUM
issue-1193	148	61	0.0147	0.0147	NUM
issue-1193	149	1	0.5343	0.5343	NUM
issue-1193	149	2	0.2122	0.2122	NUM
issue-1193	149	3	fdi_inflows	fdi_inflow	NOUN
issue-1193	149	4	does	do	AUX
issue-1193	149	5	not	not	PART
issue-1193	149	6	granger	granger	PROPN
issue-1193	149	7	cause	cause	VERB
issue-1193	149	8	st_traded	st_trade	VERB
issue-1193	149	9	st_traded	st_trade	VERB
issue-1193	149	10	does	do	AUX
issue-1193	149	11	not	not	PART
issue-1193	149	12	granger	granger	NOUN
issue-1193	149	13	cause	cause	VERB
issue-1193	149	14	fdi_inflows	fdi_inflow	VERB
issue-1193	149	15	107	107	NUM
issue-1193	149	16	75	75	NUM
issue-1193	149	17	0.3799	0.3799	NUM
issue-1193	149	18	0.0162	0.0162	NUM
issue-1193	149	19	0.3685	0.3685	NUM
issue-1193	149	20	0.0000	0.0000	NUM
issue-1193	149	21	pe_inflows	pe_inflow	NOUN
issue-1193	149	22	does	do	AUX
issue-1193	149	23	not	not	PART
issue-1193	149	24	granger	granger	PROPN
issue-1193	149	25	cause	cause	VERB
issue-1193	149	26	st_traded	st_trade	VERB
issue-1193	149	27	st_traded	st_trade	VERB
issue-1193	149	28	does	do	AUX
issue-1193	149	29	not	not	PART
issue-1193	149	30	granger	granger	AUX
issue-1193	149	31	cause	cause	VERB
issue-1193	149	32	pe_inflows	pe_inflow	NOUN
issue-1193	149	33	99	99	NUM
issue-1193	149	34	75	75	NUM
issue-1193	149	35	0.0109	0.0109	NUM
issue-1193	149	36	0.5462	0.5462	NUM
issue-1193	149	37	0.0001	0.0001	NUM
issue-1193	149	38	0.0829	0.0829	NUM
issue-1193	149	39	gdp_pc_growth	gdp_pc_growth	NOUN
issue-1193	149	40	does	do	AUX
issue-1193	149	41	not	not	PART
issue-1193	149	42	granger	granger	NOUN
issue-1193	149	43	cause	cause	VERB
issue-1193	149	44	cap	cap	NOUN
issue-1193	149	45	cap	cap	NOUN
issue-1193	149	46	does	do	AUX
issue-1193	149	47	not	not	PART
issue-1193	149	48	granger	granger	AUX
issue-1193	149	49	cause	cause	VERB
issue-1193	149	50	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	149	51	110	110	NUM
issue-1193	150	1	75	75	NUM
issue-1193	150	2	0.6261	0.6261	NUM
issue-1193	150	3	0.0000	0.0000	NUM
issue-1193	150	4	0.5815	0.5815	NUM
issue-1193	150	5	0.0000	0.0000	NUM
issue-1193	150	6	gdp_pc_growth	gdp_pc_growth	NOUN
issue-1193	150	7	does	do	AUX
issue-1193	150	8	not	not	PART
issue-1193	150	9	granger	granger	PROPN
issue-1193	150	10	cause	cause	VERB
issue-1193	150	11	st_traded	st_trade	VERB
issue-1193	150	12	st_traded	st_trade	VERB
issue-1193	150	13	does	do	AUX
issue-1193	150	14	not	not	PART
issue-1193	150	15	granger	granger	AUX
issue-1193	150	16	cause	cause	VERB
issue-1193	150	17	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	150	18	110	110	NUM
issue-1193	150	19	75	75	NUM
issue-1193	150	20	0.9230	0.9230	NUM
issue-1193	150	21	0.0354	0.0354	NUM
issue-1193	150	22	0.6147	0.6147	NUM
issue-1193	150	23	0.0129	0.0129	NUM
issue-1193	150	24	gdp_pc_growth	gdp_pc_growth	NOUN
issue-1193	150	25	does	do	AUX
issue-1193	150	26	not	not	PART
issue-1193	150	27	granger	granger	AUX
issue-1193	150	28	cause	cause	VERB
issue-1193	150	29	dcps	dcps	NOUN
issue-1193	150	30	dcps	dcps	PROPN
issue-1193	150	31	does	do	AUX
issue-1193	150	32	not	not	PART
issue-1193	150	33	granger	granger	AUX
issue-1193	150	34	cause	cause	VERB
issue-1193	150	35	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	150	36	104	104	NUM
issue-1193	150	37	75	75	NUM
issue-1193	150	38	0.4478	0.4478	NUM
issue-1193	150	39	0.0013	0.0013	NUM
issue-1193	150	40	0.5747	0.5747	NUM
issue-1193	150	41	0.0006	0.0006	NUM
issue-1193	150	42	gcf	gcf	PROPN
issue-1193	150	43	does	do	AUX
issue-1193	150	44	not	not	PART
issue-1193	150	45	granger	granger	PROPN
issue-1193	150	46	cause	cause	VERB
issue-1193	150	47	cap	cap	NOUN
issue-1193	150	48	cap	cap	NOUN
issue-1193	150	49	does	do	AUX
issue-1193	150	50	not	not	PART
issue-1193	150	51	granger	granger	AUX
issue-1193	150	52	cause	cause	VERB
issue-1193	150	53	gcf	gcf	PROPN
issue-1193	150	54	97	97	NUM
issue-1193	150	55	75	75	NUM
issue-1193	150	56	0.4407	0.4407	NUM
issue-1193	150	57	0.0001	0.0001	NUM
issue-1193	150	58	0.7570	0.7570	NUM
issue-1193	150	59	0.0000	0.0000	NUM
issue-1193	150	60	gcf	gcf	PROPN
issue-1193	150	61	does	do	AUX
issue-1193	150	62	not	not	PART
issue-1193	150	63	granger	granger	PROPN
issue-1193	150	64	cause	cause	VERB
issue-1193	150	65	st_traded	st_trade	VERB
issue-1193	150	66	st_traded	st_trade	VERB
issue-1193	150	67	does	do	AUX
issue-1193	150	68	not	not	PART
issue-1193	150	69	granger	granger	VERB
issue-1193	150	70	cause	cause	VERB
issue-1193	150	71	gcf	gcf	PROPN
issue-1193	150	72	97	97	NUM
issue-1193	150	73	75	75	NUM
issue-1193	150	74	0.6657	0.6657	NUM
issue-1193	150	75	0.1572	0.1572	NUM
issue-1193	150	76	0.9646	0.9646	NUM
issue-1193	150	77	0.0255	0.0255	NUM
issue-1193	150	78	st_traded	st_trade	VERB
issue-1193	150	79	does	do	AUX
issue-1193	150	80	not	not	PART
issue-1193	150	81	granger	granger	NOUN
issue-1193	150	82	cause	cause	VERB
issue-1193	150	83	cap	cap	NOUN
issue-1193	150	84	cap	cap	NOUN
issue-1193	150	85	does	do	AUX
issue-1193	150	86	not	not	PART
issue-1193	150	87	granger	granger	VERB
issue-1193	150	88	cause	cause	VERB
issue-1193	150	89	st_traded	st_trade	VERB
issue-1193	150	90	110	110	NUM
issue-1193	150	91	75	75	NUM
issue-1193	150	92	0.9246	0.9246	NUM
issue-1193	150	93	0.0203	0.0203	NUM
issue-1193	150	94	0.5919	0.5919	NUM
issue-1193	150	95	0.6623	0.6623	NUM
issue-1193	150	96	dcps	dcp	NOUN
issue-1193	150	97	does	do	AUX
issue-1193	150	98	not	not	PART
issue-1193	150	99	granger	granger	PROPN
issue-1193	150	100	cause	cause	VERB
issue-1193	150	101	cap	cap	NOUN
issue-1193	150	102	cap	cap	NOUN
issue-1193	150	103	does	do	AUX
issue-1193	150	104	not	not	PART
issue-1193	150	105	granger	granger	AUX
issue-1193	150	106	cause	cause	VERB
issue-1193	150	107	dcps	dcp	NOUN
issue-1193	150	108	104	104	NUM
issue-1193	150	109	75	75	NUM
issue-1193	150	110	0.0746	0.0746	NUM
issue-1193	150	111	0.0054	0.0054	NUM
issue-1193	150	112	0.1699	0.1699	NUM
issue-1193	150	113	0.0253	0.0253	NUM
issue-1193	150	114	fdi_stocks	fdi_stock	NOUN
issue-1193	150	115	does	do	AUX
issue-1193	150	116	not	not	PART
issue-1193	150	117	granger	granger	NOUN
issue-1193	150	118	cause	cause	VERB
issue-1193	150	119	cap	cap	NOUN
issue-1193	150	120	cap	cap	NOUN
issue-1193	150	121	does	do	AUX
issue-1193	150	122	not	not	PART
issue-1193	150	123	granger	granger	AUX
issue-1193	150	124	cause	cause	VERB
issue-1193	150	125	fdi_stocks	fdi_stock	NOUN
issue-1193	150	126	88	88	NUM
issue-1193	150	127	75	75	NUM
issue-1193	150	128	0.4943	0.4943	NUM
issue-1193	150	129	0.0362	0.0362	NUM
issue-1193	150	130	0.2472	0.2472	NUM
issue-1193	150	131	0.0262	0.0262	NUM
issue-1193	150	132	fdi_stocks	fdi_stock	NOUN
issue-1193	150	133	does	do	AUX
issue-1193	150	134	not	not	PART
issue-1193	150	135	granger	granger	VERB
issue-1193	150	136	cause	cause	VERB
issue-1193	150	137	st_traded	st_trade	VERB
issue-1193	150	138	st_traded	st_trade	VERB
issue-1193	150	139	does	do	AUX
issue-1193	150	140	not	not	PART
issue-1193	150	141	granger	granger	AUX
issue-1193	150	142	cause	cause	VERB
issue-1193	150	143	fdi_stocks	fdi_stock	NOUN
issue-1193	150	144	88	88	NUM
issue-1193	150	145	75	75	NUM
issue-1193	150	146	0.2744	0.2744	NUM
issue-1193	150	147	0.0188	0.0188	NUM
issue-1193	150	148	0.9765	0.9765	NUM
issue-1193	150	149	0.0067	0.0067	NUM
issue-1193	150	150	st_traded	st_trade	VERB
issue-1193	150	151	does	do	AUX
issue-1193	150	152	not	not	PART
issue-1193	150	153	granger	granger	VERB
issue-1193	150	154	cause	cause	VERB
issue-1193	150	155	pe_stocks	pe_stock	NOUN
issue-1193	150	156	pe_stocks	pe_stock	NOUN
issue-1193	150	157	does	do	AUX
issue-1193	150	158	not	not	PART
issue-1193	150	159	granger	granger	NOUN
issue-1193	150	160	cause	cause	VERB
issue-1193	150	161	st_traded	st_trade	VERB
issue-1193	150	162	88	88	NUM
issue-1193	150	163	75	75	NUM
issue-1193	150	164	0.5628	0.5628	NUM
issue-1193	151	1	0.0000	0.0000	NUM
issue-1193	151	2	0.0162	0.0162	NUM
issue-1193	151	3	0.0000	0.0000	NUM
issue-1193	151	4	note	note	NOUN
issue-1193	151	5	:	:	PUNCT
issue-1193	151	6	the	the	DET
issue-1193	151	7	calculations	calculation	NOUN
issue-1193	151	8	are	be	AUX
issue-1193	151	9	based	base	VERB
issue-1193	151	10	on	on	ADP
issue-1193	151	11	2	2	NUM
issue-1193	151	12	lags	lag	NOUN
issue-1193	151	13	because	because	SCONJ
issue-1193	151	14	the	the	DET
issue-1193	151	15	results	result	NOUN
issue-1193	151	16	were	be	AUX
issue-1193	151	17	the	the	DET
issue-1193	151	18	most	most	ADV
issue-1193	151	19	significant	significant	ADJ
issue-1193	151	20	.	.	PUNCT
issue-1193	152	1	source	source	NOUN
issue-1193	152	2	:	:	PUNCT
issue-1193	152	3	calculated	calculate	VERB
issue-1193	152	4	by	by	ADP
issue-1193	152	5	the	the	DET
issue-1193	152	6	author	author	NOUN
issue-1193	152	7	based	base	VERB
issue-1193	152	8	on	on	ADP
issue-1193	152	9	wdi	wdi	PROPN
issue-1193	152	10	(	(	PUNCT
issue-1193	152	11	2013	2013	NUM
issue-1193	152	12	)	)	PUNCT
issue-1193	152	13	,	,	PUNCT
issue-1193	152	14	wdi	wdi	NOUN
issue-1193	152	15	(	(	PUNCT
issue-1193	152	16	2017	2017	NUM
issue-1193	152	17	)	)	PUNCT
issue-1193	152	18	.	.	PUNCT
issue-1193	153	1	baltic	baltic	PROPN
issue-1193	153	2	journal	journal	PROPN
issue-1193	153	3	of	of	ADP
issue-1193	153	4	economic	economic	ADJ
issue-1193	153	5	studies	study	NOUN
issue-1193	153	6	123	123	NUM
issue-1193	153	7	vol	vol	NOUN
issue-1193	153	8	.	.	PROPN
issue-1193	154	1	7	7	NUM
issue-1193	154	2	no	no	NOUN
issue-1193	154	3	.	.	NOUN
issue-1193	155	1	3	3	NUM
issue-1193	155	2	,	,	PUNCT
issue-1193	155	3	2021	2021	NUM
issue-1193	155	4	table	table	NOUN
issue-1193	155	5	3	3	NUM
issue-1193	155	6	the	the	DET
issue-1193	155	7	direction	direction	NOUN
issue-1193	155	8	of	of	ADP
issue-1193	155	9	the	the	DET
issue-1193	155	10	relationship	relationship	NOUN
issue-1193	155	11	between	between	ADP
issue-1193	155	12	the	the	DET
issue-1193	155	13	stock	stock	NOUN
issue-1193	155	14	market	market	NOUN
issue-1193	155	15	development	development	NOUN
issue-1193	155	16	,	,	PUNCT
issue-1193	155	17	banking	banking	NOUN
issue-1193	155	18	sector	sector	NOUN
issue-1193	155	19	development	development	NOUN
issue-1193	155	20	and	and	CCONJ
issue-1193	155	21	the	the	DET
issue-1193	155	22	macroeconomic	macroeconomic	ADJ
issue-1193	155	23	indicators	indicator	NOUN
issue-1193	155	24	in	in	ADP
issue-1193	155	25	cee	cee	NOUN
issue-1193	155	26	countries	country	NOUN
issue-1193	155	27	the	the	DET
issue-1193	155	28	direction	direction	NOUN
issue-1193	155	29	of	of	ADP
issue-1193	155	30	the	the	DET
issue-1193	155	31	relationship	relationship	NOUN
issue-1193	155	32	1999	1999	NUM
issue-1193	155	33	-	-	SYM
issue-1193	155	34	2012	2012	NUM
issue-1193	155	35	(	(	PUNCT
issue-1193	155	36	сее-8	сее-8	NUM
issue-1193	155	37	)	)	PUNCT
issue-1193	155	38	1999	1999	NUM
issue-1193	155	39	-	-	SYM
issue-1193	155	40	2015	2015	NUM
issue-1193	155	41	(	(	PUNCT
issue-1193	155	42	сее-5	сее-5	NOUN
issue-1193	155	43	)	)	PUNCT
issue-1193	155	44	cap	cap	NOUN
issue-1193	155	45	→	→	SYM
issue-1193	155	46	fdi_inflows	fdi_inflow	NOUN
issue-1193	155	47	+	+	CCONJ
issue-1193	155	48	cap	cap	NOUN
issue-1193	155	49	→	→	SYM
issue-1193	155	50	fdi_stocks	fdi_stock	NOUN
issue-1193	155	51	+	+	X
issue-1193	156	1	+	+	CCONJ
issue-1193	156	2	сар	сар	NOUN
issue-1193	156	3	→	→	SYM
issue-1193	156	4	gdp_pc_growth	gdp_pc_growth	NOUN
issue-1193	156	5	+	+	CCONJ
issue-1193	156	6	+	+	CCONJ
issue-1193	156	7	st_traded	st_trade	VERB
issue-1193	156	8	→	→	SYM
issue-1193	156	9	fdi_inflows	fdi_inflow	NOUN
issue-1193	156	10	+	+	CCONJ
issue-1193	156	11	+	+	CCONJ
issue-1193	156	12	st_traded	st_trade	VERB
issue-1193	156	13	→	→	SYM
issue-1193	156	14	fdi_stocks	fdi_stock	NOUN
issue-1193	156	15	+	+	CCONJ
issue-1193	156	16	+	+	CCONJ
issue-1193	156	17	st_traded	st_trade	VERB
issue-1193	156	18	→	→	SYM
issue-1193	156	19	gdp_pc_growth	gdp_pc_growth	NOUN
issue-1193	156	20	+	+	CCONJ
issue-1193	156	21	+	+	CCONJ
issue-1193	156	22	st_traded	st_trade	VERB
issue-1193	156	23	→	→	SYM
issue-1193	156	24	gcf	gcf	PROPN
issue-1193	156	25	+	+	CCONJ
issue-1193	156	26	cap	cap	NOUN
issue-1193	156	27	→	→	SYM
issue-1193	156	28	dcps	dcp	NOUN
issue-1193	156	29	+	+	CCONJ
issue-1193	156	30	+	+	NUM
issue-1193	156	31	cap	cap	NOUN
issue-1193	156	32	→	→	SYM
issue-1193	156	33	gcf	gcf	PROPN
issue-1193	156	34	+	+	PROPN
issue-1193	156	35	+	+	CCONJ
issue-1193	156	36	cap	cap	NOUN
issue-1193	156	37	→	→	SYM
issue-1193	156	38	st_traded	st_trade	VERB
issue-1193	156	39	+	+	CCONJ
issue-1193	156	40	dcps	dcp	NOUN
issue-1193	156	41	→	→	SYM
issue-1193	156	42	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	156	43	+	+	CCONJ
issue-1193	156	44	+	+	NUM
issue-1193	156	45	pe_inflows	pe_inflow	NOUN
issue-1193	156	46	→	→	PUNCT
issue-1193	156	47	st_traded	st_trade	VERB
issue-1193	156	48	+	+	CCONJ
issue-1193	157	1	+	+	NUM
issue-1193	157	2	pe_stocks	pe_stock	NOUN
issue-1193	157	3	→	→	PUNCT
issue-1193	157	4	st_traded	st_trade	VERB
issue-1193	157	5	+	+	CCONJ
issue-1193	157	6	+	+	NUM
issue-1193	157	7	source	source	NOUN
issue-1193	157	8	:	:	PUNCT
issue-1193	157	9	based	base	VERB
issue-1193	157	10	on	on	ADP
issue-1193	157	11	results	result	NOUN
issue-1193	157	12	from	from	ADP
issue-1193	157	13	tables	table	NOUN
issue-1193	157	14	1	1	NUM
issue-1193	157	15	-	-	SYM
issue-1193	157	16	2	2	NUM
issue-1193	157	17	.	.	PUNCT
issue-1193	157	18	table	table	NOUN
issue-1193	157	19	4	4	NUM
issue-1193	157	20	the	the	DET
issue-1193	157	21	direction	direction	NOUN
issue-1193	157	22	of	of	ADP
issue-1193	157	23	the	the	DET
issue-1193	157	24	relationship	relationship	NOUN
issue-1193	157	25	between	between	ADP
issue-1193	157	26	the	the	DET
issue-1193	157	27	macroeconomic	macroeconomic	ADJ
issue-1193	157	28	indicators	indicator	NOUN
issue-1193	157	29	in	in	ADP
issue-1193	157	30	cee	cee	NOUN
issue-1193	157	31	countries	country	NOUN
issue-1193	157	32	the	the	DET
issue-1193	157	33	direction	direction	NOUN
issue-1193	157	34	of	of	ADP
issue-1193	157	35	the	the	DET
issue-1193	157	36	relationship	relationship	NOUN
issue-1193	157	37	1999	1999	NUM
issue-1193	157	38	-	-	SYM
issue-1193	157	39	2012	2012	NUM
issue-1193	157	40	(	(	PUNCT
issue-1193	157	41	сее-8	сее-8	NUM
issue-1193	157	42	)	)	PUNCT
issue-1193	157	43	1999	1999	NUM
issue-1193	157	44	-	-	SYM
issue-1193	157	45	2015	2015	NUM
issue-1193	157	46	(	(	PUNCT
issue-1193	157	47	сее-5	сее-5	NOUN
issue-1193	157	48	)	)	PUNCT
issue-1193	157	49	gcf	gcf	PROPN
issue-1193	157	50	→	→	SYM
issue-1193	157	51	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	157	52	+	+	CCONJ
issue-1193	157	53	fdi_stocks	fdi_stock	NOUN
issue-1193	157	54	→	→	PUNCT
issue-1193	157	55	gcf	gcf	PROPN
issue-1193	157	56	+	+	CCONJ
issue-1193	157	57	fdi_stocks	fdi_stock	NOUN
issue-1193	157	58	→	→	SYM
issue-1193	157	59	gdp_pc	gdp_pc	NUM
issue-1193	157	60	_	_	PRON
issue-1193	157	61	growth	growth	NOUN
issue-1193	157	62	+	+	CCONJ
issue-1193	157	63	+	+	NUM
issue-1193	157	64	pe_stocks	pe_stock	NOUN
issue-1193	157	65	→	→	SYM
issue-1193	157	66	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	157	67	+	+	CCONJ
issue-1193	157	68	+	+	NUM
issue-1193	157	69	pe_stocks	pe_stock	NOUN
issue-1193	157	70	→	→	PUNCT
issue-1193	157	71	gcf	gcf	PROPN
issue-1193	157	72	+	+	PROPN
issue-1193	157	73	+	+	NUM
issue-1193	157	74	pe_stocks	pe_stock	NOUN
issue-1193	157	75	↔	↔	PROPN
issue-1193	157	76	pe_inflows	pe_inflow	NOUN
issue-1193	158	1	+	+	PROPN
issue-1193	158	2	*	*	ADJ
issue-1193	158	3	+	+	NUM
issue-1193	158	4	source	source	NOUN
issue-1193	158	5	:	:	PUNCT
issue-1193	158	6	based	base	VERB
issue-1193	158	7	on	on	ADP
issue-1193	158	8	results	result	NOUN
issue-1193	158	9	from	from	ADP
issue-1193	158	10	tables	table	NOUN
issue-1193	158	11	1	1	NUM
issue-1193	158	12	-	-	SYM
issue-1193	158	13	2	2	NUM
issue-1193	158	14	.	.	PUNCT
issue-1193	159	1	*	*	PUNCT
issue-1193	159	2	pe_stocks	pe_stock	NOUN
issue-1193	159	3	→	→	SYM
issue-1193	159	4	pe	pe	PART
issue-1193	159	5	_	_	NOUN
issue-1193	159	6	inflows	inflow	NOUN
issue-1193	159	7	only	only	ADV
issue-1193	159	8	.	.	PUNCT
issue-1193	160	1	we	we	PRON
issue-1193	160	2	can	can	AUX
issue-1193	160	3	conclude	conclude	VERB
issue-1193	160	4	that	that	SCONJ
issue-1193	160	5	the	the	DET
issue-1193	160	6	stock	stock	NOUN
issue-1193	160	7	market	market	NOUN
issue-1193	160	8	development	development	NOUN
issue-1193	160	9	and	and	CCONJ
issue-1193	160	10	the	the	DET
issue-1193	160	11	banking	banking	NOUN
issue-1193	160	12	sector	sector	NOUN
issue-1193	160	13	development	development	NOUN
issue-1193	160	14	had	have	VERB
issue-1193	160	15	impact	impact	NOUN
issue-1193	160	16	on	on	ADP
issue-1193	160	17	the	the	DET
issue-1193	160	18	economic	economic	ADJ
issue-1193	160	19	growth	growth	NOUN
issue-1193	160	20	in	in	ADP
issue-1193	160	21	cee	cee	NOUN
issue-1193	160	22	countries	country	NOUN
issue-1193	160	23	in	in	ADP
issue-1193	160	24	both	both	DET
issue-1193	160	25	time	time	NOUN
issue-1193	160	26	periods	period	NOUN
issue-1193	160	27	for	for	ADP
issue-1193	160	28	both	both	DET
issue-1193	160	29	groups	group	NOUN
issue-1193	160	30	of	of	ADP
issue-1193	160	31	countries	country	NOUN
issue-1193	160	32	.	.	PUNCT
issue-1193	161	1	according	accord	VERB
issue-1193	161	2	to	to	ADP
issue-1193	161	3	the	the	DET
issue-1193	161	4	granger	granger	PROPN
issue-1193	161	5	causality	causality	PROPN
issue-1193	161	6	test	test	NOUN
issue-1193	161	7	,	,	PUNCT
issue-1193	161	8	the	the	DET
issue-1193	161	9	size	size	NOUN
issue-1193	161	10	of	of	ADP
issue-1193	161	11	the	the	DET
issue-1193	161	12	stock	stock	NOUN
issue-1193	161	13	market	market	NOUN
issue-1193	161	14	influences	influence	VERB
issue-1193	161	15	the	the	DET
issue-1193	161	16	development	development	NOUN
issue-1193	161	17	of	of	ADP
issue-1193	161	18	the	the	DET
issue-1193	161	19	banking	banking	NOUN
issue-1193	161	20	sector	sector	NOUN
issue-1193	161	21	.	.	PUNCT
issue-1193	162	1	in	in	ADP
issue-1193	162	2	addition	addition	NOUN
issue-1193	162	3	,	,	PUNCT
issue-1193	162	4	it	it	PRON
issue-1193	162	5	should	should	AUX
issue-1193	162	6	be	be	AUX
issue-1193	162	7	noted	note	VERB
issue-1193	162	8	that	that	SCONJ
issue-1193	162	9	the	the	DET
issue-1193	162	10	level	level	NOUN
issue-1193	162	11	of	of	ADP
issue-1193	162	12	the	the	DET
issue-1193	162	13	stock	stock	NOUN
issue-1193	162	14	market	market	NOUN
issue-1193	162	15	development	development	NOUN
issue-1193	162	16	affects	affect	VERB
issue-1193	162	17	the	the	DET
issue-1193	162	18	inflow	inflow	NOUN
issue-1193	162	19	and	and	CCONJ
issue-1193	162	20	volume	volume	NOUN
issue-1193	162	21	of	of	ADP
issue-1193	162	22	fdi	fdi	PROPN
issue-1193	162	23	,	,	PUNCT
issue-1193	162	24	and	and	CCONJ
issue-1193	162	25	not	not	PART
issue-1193	162	26	vice	vice	ADV
issue-1193	162	27	versa	versa	ADV
issue-1193	162	28	.	.	PUNCT
issue-1193	163	1	also	also	ADV
issue-1193	163	2	it	it	PRON
issue-1193	163	3	is	be	AUX
issue-1193	163	4	important	important	ADJ
issue-1193	163	5	to	to	PART
issue-1193	163	6	understand	understand	VERB
issue-1193	163	7	the	the	DET
issue-1193	163	8	nature	nature	NOUN
issue-1193	163	9	of	of	ADP
issue-1193	163	10	the	the	DET
issue-1193	163	11	impact	impact	NOUN
issue-1193	163	12	of	of	ADP
issue-1193	163	13	the	the	DET
issue-1193	163	14	stock	stock	NOUN
issue-1193	163	15	market	market	NOUN
issue-1193	163	16	and	and	CCONJ
issue-1193	163	17	banking	banking	NOUN
issue-1193	163	18	sector	sector	NOUN
issue-1193	163	19	development	development	NOUN
issue-1193	163	20	on	on	ADP
issue-1193	163	21	the	the	DET
issue-1193	163	22	economic	economic	ADJ
issue-1193	163	23	growth	growth	NOUN
issue-1193	163	24	.	.	PUNCT
issue-1193	164	1	is	be	AUX
issue-1193	164	2	the	the	DET
issue-1193	164	3	impact	impact	NOUN
issue-1193	164	4	positive	positive	ADJ
issue-1193	164	5	or	or	CCONJ
issue-1193	164	6	negative	negative	ADJ
issue-1193	164	7	and	and	CCONJ
issue-1193	164	8	how	how	SCONJ
issue-1193	164	9	intense	intense	ADJ
issue-1193	164	10	is	be	AUX
issue-1193	164	11	it	it	PRON
issue-1193	164	12	?	?	PUNCT
issue-1193	165	1	to	to	PART
issue-1193	165	2	get	get	VERB
issue-1193	165	3	the	the	DET
issue-1193	165	4	answer	answer	NOUN
issue-1193	165	5	on	on	ADP
issue-1193	165	6	this	this	DET
issue-1193	165	7	question	question	NOUN
issue-1193	165	8	we	we	PRON
issue-1193	165	9	constructed	construct	VERB
issue-1193	165	10	a	a	DET
issue-1193	165	11	linear	linear	ADJ
issue-1193	165	12	regression	regression	NOUN
issue-1193	165	13	model	model	NOUN
issue-1193	165	14	for	for	ADP
issue-1193	165	15	5	5	NUM
issue-1193	165	16	cee	cee	NOUN
issue-1193	165	17	countries	country	NOUN
issue-1193	165	18	(	(	PUNCT
issue-1193	165	19	poland	poland	PROPN
issue-1193	165	20	,	,	PUNCT
issue-1193	165	21	hungary	hungary	PROPN
issue-1193	165	22	,	,	PUNCT
issue-1193	165	23	the	the	DET
issue-1193	165	24	czech	czech	PROPN
issue-1193	165	25	republic	republic	NOUN
issue-1193	165	26	,	,	PUNCT
issue-1193	165	27	slovakia	slovakia	PROPN
issue-1193	165	28	,	,	PUNCT
issue-1193	165	29	slovenia	slovenia	PROPN
issue-1193	165	30	)	)	PUNCT
issue-1193	165	31	on	on	ADP
issue-1193	165	32	the	the	DET
issue-1193	165	33	basis	basis	NOUN
issue-1193	165	34	of	of	ADP
issue-1193	165	35	data	datum	NOUN
issue-1193	165	36	from	from	ADP
issue-1193	165	37	1999	1999	NUM
issue-1193	165	38	till	till	SCONJ
issue-1193	165	39	2015	2015	NUM
issue-1193	165	40	.	.	PUNCT
issue-1193	166	1	dependent	dependent	ADJ
issue-1193	166	2	variable	variable	NOUN
issue-1193	166	3	is	be	AUX
issue-1193	166	4	gdp	gdp	NOUN
issue-1193	166	5	per	per	ADP
issue-1193	166	6	capita	capita	NOUN
issue-1193	166	7	growth	growth	NOUN
issue-1193	166	8	.	.	PUNCT
issue-1193	167	1	independent	independent	ADJ
issue-1193	167	2	variables	variable	NOUN
issue-1193	167	3	are	be	AUX
issue-1193	167	4	stock	stock	NOUN
issue-1193	167	5	market	market	NOUN
issue-1193	167	6	capitalization	capitalization	NOUN
issue-1193	167	7	,	,	PUNCT
issue-1193	167	8	stock	stock	NOUN
issue-1193	167	9	traded	trade	VERB
issue-1193	167	10	,	,	PUNCT
issue-1193	167	11	domestic	domestic	ADJ
issue-1193	167	12	credit	credit	NOUN
issue-1193	167	13	to	to	ADP
issue-1193	167	14	private	private	ADJ
issue-1193	167	15	sector	sector	NOUN
issue-1193	167	16	,	,	PUNCT
issue-1193	167	17	fdi	fdi	NOUN
issue-1193	167	18	stocks	stock	NOUN
issue-1193	167	19	,	,	PUNCT
issue-1193	167	20	portfolio	portfolio	NOUN
issue-1193	167	21	equity	equity	NOUN
issue-1193	167	22	stocks	stock	NOUN
issue-1193	167	23	and	and	CCONJ
issue-1193	167	24	gross	gross	ADJ
issue-1193	167	25	capital	capital	NOUN
issue-1193	167	26	formation	formation	NOUN
issue-1193	167	27	.	.	PUNCT
issue-1193	168	1	we	we	PRON
issue-1193	168	2	included	include	VERB
issue-1193	168	3	these	these	DET
issue-1193	168	4	independent	independent	ADJ
issue-1193	168	5	variables	variable	NOUN
issue-1193	168	6	in	in	ADP
issue-1193	168	7	our	our	PRON
issue-1193	168	8	model	model	NOUN
issue-1193	168	9	,	,	PUNCT
issue-1193	168	10	because	because	SCONJ
issue-1193	168	11	they	they	PRON
issue-1193	168	12	had	have	VERB
issue-1193	168	13	impact	impact	NOUN
issue-1193	168	14	on	on	ADP
issue-1193	168	15	gdp	gdp	NOUN
issue-1193	168	16	per	per	ADP
issue-1193	168	17	capita	capita	NOUN
issue-1193	168	18	growth	growth	NOUN
issue-1193	168	19	according	accord	VERB
issue-1193	168	20	to	to	ADP
issue-1193	168	21	the	the	DET
issue-1193	168	22	granger	granger	PROPN
issue-1193	168	23	causality	causality	PROPN
issue-1193	168	24	test	test	NOUN
issue-1193	168	25	(	(	PUNCT
issue-1193	168	26	table	table	NOUN
issue-1193	168	27	3	3	NUM
issue-1193	168	28	,	,	PUNCT
issue-1193	168	29	4	4	NUM
issue-1193	168	30	)	)	PUNCT
issue-1193	168	31	.	.	PUNCT
issue-1193	169	1	we	we	PRON
issue-1193	169	2	made	make	VERB
issue-1193	169	3	four	four	NUM
issue-1193	169	4	models	model	NOUN
issue-1193	169	5	to	to	PART
issue-1193	169	6	investigate	investigate	VERB
issue-1193	169	7	the	the	DET
issue-1193	169	8	role	role	NOUN
issue-1193	169	9	of	of	ADP
issue-1193	169	10	the	the	DET
issue-1193	169	11	stock	stock	NOUN
issue-1193	169	12	market	market	NOUN
issue-1193	169	13	development	development	NOUN
issue-1193	169	14	and	and	CCONJ
issue-1193	169	15	banking	banking	NOUN
issue-1193	169	16	sector	sector	NOUN
issue-1193	169	17	development	development	NOUN
issue-1193	169	18	in	in	ADP
issue-1193	169	19	economic	economic	ADJ
issue-1193	169	20	growth	growth	NOUN
issue-1193	169	21	by	by	ADP
issue-1193	169	22	including	include	VERB
issue-1193	169	23	various	various	ADJ
issue-1193	169	24	combination	combination	NOUN
issue-1193	169	25	of	of	ADP
issue-1193	169	26	independent	independent	ADJ
issue-1193	169	27	variables	variable	NOUN
issue-1193	169	28	in	in	ADP
issue-1193	169	29	each	each	DET
issue-1193	169	30	model	model	NOUN
issue-1193	169	31	(	(	PUNCT
issue-1193	169	32	table	table	NOUN
issue-1193	169	33	5	5	NUM
issue-1193	169	34	)	)	PUNCT
issue-1193	169	35	.	.	PUNCT
issue-1193	170	1	the	the	DET
issue-1193	170	2	significance	significance	NOUN
issue-1193	170	3	of	of	ADP
issue-1193	170	4	all	all	DET
issue-1193	170	5	our	our	PRON
issue-1193	170	6	models	model	NOUN
issue-1193	170	7	=	=	PUNCT
issue-1193	170	8	0.000	0.000	NUM
issue-1193	170	9	.	.	PUNCT
issue-1193	171	1	the	the	DET
issue-1193	171	2	highest	high	ADJ
issue-1193	171	3	adjusted	adjust	VERB
issue-1193	171	4	r2	r2	NOUN
issue-1193	171	5	is	be	AUX
issue-1193	171	6	0.356	0.356	NUM
issue-1193	171	7	(	(	PUNCT
issue-1193	171	8	model	model	NOUN
issue-1193	171	9	2	2	NUM
issue-1193	171	10	)	)	PUNCT
issue-1193	171	11	,	,	PUNCT
issue-1193	171	12	this	this	PRON
issue-1193	171	13	means	mean	VERB
issue-1193	171	14	that	that	SCONJ
issue-1193	171	15	our	our	PRON
issue-1193	171	16	model	model	NOUN
issue-1193	171	17	2	2	NUM
issue-1193	171	18	is	be	AUX
issue-1193	171	19	the	the	DET
issue-1193	171	20	best	good	ADJ
issue-1193	171	21	for	for	ADP
issue-1193	171	22	describing	describe	VERB
issue-1193	171	23	the	the	DET
issue-1193	171	24	behavior	behavior	NOUN
issue-1193	171	25	of	of	ADP
issue-1193	171	26	our	our	PRON
issue-1193	171	27	dependent	dependent	ADJ
issue-1193	171	28	variable	variable	NOUN
issue-1193	171	29	.	.	PUNCT
issue-1193	172	1	vif	vif	NOUN
issue-1193	172	2	for	for	ADP
issue-1193	172	3	each	each	PRON
issue-1193	172	4	of	of	ADP
issue-1193	172	5	the	the	DET
issue-1193	172	6	independent	independent	ADJ
issue-1193	172	7	variables	variable	NOUN
issue-1193	172	8	in	in	ADP
issue-1193	172	9	all	all	DET
issue-1193	172	10	models	model	NOUN
issue-1193	172	11	is	be	AUX
issue-1193	172	12	<	<	X
issue-1193	172	13	10	10	NUM
issue-1193	172	14	,	,	PUNCT
issue-1193	172	15	this	this	PRON
issue-1193	172	16	means	mean	VERB
issue-1193	172	17	that	that	SCONJ
issue-1193	172	18	the	the	DET
issue-1193	172	19	multicollinearity	multicollinearity	NOUN
issue-1193	172	20	effect	effect	NOUN
issue-1193	172	21	is	be	AUX
issue-1193	172	22	not	not	PART
issue-1193	172	23	observed	observe	VERB
issue-1193	172	24	and	and	CCONJ
issue-1193	172	25	the	the	DET
issue-1193	172	26	models	model	NOUN
issue-1193	172	27	are	be	AUX
issue-1193	172	28	suitable	suitable	ADJ
issue-1193	172	29	for	for	ADP
issue-1193	172	30	further	further	ADJ
issue-1193	172	31	interpretation	interpretation	NOUN
issue-1193	172	32	.	.	PUNCT
issue-1193	173	1	according	accord	VERB
issue-1193	173	2	to	to	ADP
issue-1193	173	3	the	the	DET
issue-1193	173	4	results	result	NOUN
issue-1193	173	5	in	in	ADP
issue-1193	173	6	model	model	NOUN
issue-1193	173	7	2	2	NUM
issue-1193	173	8	(	(	PUNCT
issue-1193	173	9	table	table	NOUN
issue-1193	173	10	5	5	NUM
issue-1193	173	11	)	)	PUNCT
issue-1193	173	12	we	we	PRON
issue-1193	173	13	can	can	AUX
issue-1193	173	14	make	make	VERB
issue-1193	173	15	a	a	DET
issue-1193	173	16	conclusion	conclusion	NOUN
issue-1193	173	17	,	,	PUNCT
issue-1193	173	18	that	that	SCONJ
issue-1193	173	19	stock	stock	NOUN
issue-1193	173	20	market	market	NOUN
issue-1193	173	21	capitalization	capitalization	NOUN
issue-1193	173	22	has	have	VERB
issue-1193	173	23	a	a	DET
issue-1193	173	24	significant	significant	ADJ
issue-1193	173	25	positive	positive	ADJ
issue-1193	173	26	impact	impact	NOUN
issue-1193	173	27	on	on	ADP
issue-1193	173	28	the	the	DET
issue-1193	173	29	gdp	gdp	NOUN
issue-1193	173	30	per	per	ADP
issue-1193	173	31	capita	capita	NOUN
issue-1193	173	32	growth	growth	NOUN
issue-1193	173	33	(	(	PUNCT
issue-1193	173	34	β1	β1	PROPN
issue-1193	173	35	=	=	PUNCT
issue-1193	173	36	0.077	0.077	NUM
issue-1193	173	37	)	)	PUNCT
issue-1193	173	38	,	,	PUNCT
issue-1193	173	39	gross	gross	ADJ
issue-1193	173	40	capital	capital	NOUN
issue-1193	173	41	formation	formation	NOUN
issue-1193	173	42	has	have	VERB
issue-1193	173	43	also	also	ADV
issue-1193	173	44	a	a	DET
issue-1193	173	45	significant	significant	ADJ
issue-1193	173	46	positive	positive	ADJ
issue-1193	173	47	impact	impact	NOUN
issue-1193	173	48	on	on	ADP
issue-1193	173	49	the	the	DET
issue-1193	173	50	gdp	gdp	NOUN
issue-1193	173	51	per	per	ADP
issue-1193	173	52	capita	capita	NOUN
issue-1193	173	53	growth	growth	NOUN
issue-1193	173	54	(	(	PUNCT
issue-1193	173	55	β2	β2	NOUN
issue-1193	173	56	=	=	NOUN
issue-1193	173	57	0.249	0.249	NUM
issue-1193	173	58	)	)	PUNCT
issue-1193	173	59	and	and	CCONJ
issue-1193	173	60	domestic	domestic	ADJ
issue-1193	173	61	credit	credit	NOUN
issue-1193	173	62	to	to	ADP
issue-1193	173	63	private	private	ADJ
issue-1193	173	64	table	table	NOUN
issue-1193	173	65	2	2	NUM
issue-1193	173	66	analysis	analysis	NOUN
issue-1193	173	67	of	of	ADP
issue-1193	173	68	the	the	DET
issue-1193	173	69	relationship	relationship	NOUN
issue-1193	173	70	between	between	ADP
issue-1193	173	71	the	the	DET
issue-1193	173	72	macroeconomic	macroeconomic	ADJ
issue-1193	173	73	indicators	indicator	NOUN
issue-1193	173	74	of	of	ADP
issue-1193	173	75	cee	cee	NOUN
issue-1193	173	76	countries	country	NOUN
issue-1193	173	77	in	in	ADP
issue-1193	173	78	1999	1999	NUM
issue-1193	173	79	-	-	SYM
issue-1193	173	80	2015	2015	NUM
issue-1193	173	81	hypotheses	hypothesis	NOUN
issue-1193	173	82	number	number	NOUN
issue-1193	173	83	of	of	ADP
issue-1193	173	84	observations	observation	NOUN
issue-1193	173	85	probability	probability	VERB
issue-1193	173	86	1999	1999	NUM
issue-1193	173	87	-	-	SYM
issue-1193	173	88	2012	2012	NUM
issue-1193	173	89	1999	1999	NUM
issue-1193	173	90	-	-	SYM
issue-1193	173	91	2015	2015	NUM
issue-1193	173	92	1999	1999	NUM
issue-1193	173	93	-	-	SYM
issue-1193	173	94	2012	2012	NUM
issue-1193	173	95	1999	1999	NUM
issue-1193	173	96	-	-	SYM
issue-1193	173	97	2015	2015	NUM
issue-1193	173	98	gdp_pc_growth	gdp_pc_growth	NOUN
issue-1193	173	99	does	do	AUX
issue-1193	173	100	not	not	PART
issue-1193	173	101	granger	granger	VERB
issue-1193	173	102	cause	cause	VERB
issue-1193	173	103	gcf	gcf	PROPN
issue-1193	173	104	gcf	gcf	PROPN
issue-1193	173	105	does	do	AUX
issue-1193	173	106	not	not	PART
issue-1193	173	107	granger	granger	VERB
issue-1193	173	108	cause	cause	VERB
issue-1193	173	109	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	173	110	97	97	NUM
issue-1193	173	111	75	75	NUM
issue-1193	173	112	0.3125	0.3125	NUM
issue-1193	173	113	0.0451	0.0451	NUM
issue-1193	173	114	0.1301	0.1301	NUM
issue-1193	173	115	0.1468	0.1468	NUM
issue-1193	173	116	fdi_stocks	fdi_stock	NOUN
issue-1193	173	117	does	do	AUX
issue-1193	173	118	not	not	PART
issue-1193	173	119	granger	granger	VERB
issue-1193	173	120	cause	cause	VERB
issue-1193	173	121	gcf	gcf	PROPN
issue-1193	173	122	gcf	gcf	PROPN
issue-1193	173	123	does	do	AUX
issue-1193	173	124	not	not	PART
issue-1193	173	125	granger	granger	AUX
issue-1193	173	126	cause	cause	VERB
issue-1193	173	127	fdi_stocks	fdi_stock	NOUN
issue-1193	173	128	88	88	NUM
issue-1193	174	1	75	75	NUM
issue-1193	174	2	0.2307	0.2307	NUM
issue-1193	174	3	0.6992	0.6992	NUM
issue-1193	174	4	0.0299	0.0299	NUM
issue-1193	174	5	0.2267	0.2267	NUM
issue-1193	174	6	gdp_pc_growth	gdp_pc_growth	NOUN
issue-1193	174	7	does	do	AUX
issue-1193	174	8	not	not	PART
issue-1193	174	9	granger	granger	VERB
issue-1193	174	10	cause	cause	VERB
issue-1193	174	11	fdi_stocks	fdi_stock	NOUN
issue-1193	174	12	fdi_stocks	fdi_stocks	PRON
issue-1193	174	13	does	do	AUX
issue-1193	174	14	not	not	PART
issue-1193	174	15	granger	granger	AUX
issue-1193	174	16	cause	cause	VERB
issue-1193	174	17	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	174	18	88	88	NUM
issue-1193	174	19	75	75	NUM
issue-1193	174	20	0.3418	0.3418	NUM
issue-1193	174	21	0.0138	0.0138	NUM
issue-1193	174	22	0.4133	0.4133	NUM
issue-1193	174	23	0.0093	0.0093	NUM
issue-1193	174	24	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	174	25	does	do	AUX
issue-1193	174	26	not	not	PART
issue-1193	174	27	granger	granger	AUX
issue-1193	174	28	cause	cause	VERB
issue-1193	174	29	pe_stocks	pe_stock	NOUN
issue-1193	174	30	pe_stocks	pe_stock	NOUN
issue-1193	174	31	does	do	AUX
issue-1193	174	32	not	not	PART
issue-1193	174	33	granger	granger	AUX
issue-1193	174	34	cause	cause	VERB
issue-1193	174	35	gdp_pc_growth	gdp_pc_growth	PROPN
issue-1193	174	36	88	88	NUM
issue-1193	174	37	75	75	NUM
issue-1193	174	38	0.8567	0.8567	NUM
issue-1193	174	39	0.0003	0.0003	NUM
issue-1193	174	40	0.8116	0.8116	NUM
issue-1193	174	41	0.0013	0.0013	NUM
issue-1193	174	42	gcf	gcf	PROPN
issue-1193	174	43	does	do	AUX
issue-1193	174	44	not	not	PART
issue-1193	174	45	granger	granger	VERB
issue-1193	174	46	cause	cause	VERB
issue-1193	174	47	pe_stocks	pe_stock	NOUN
issue-1193	174	48	pe_stocks	pe_stock	NOUN
issue-1193	174	49	does	do	AUX
issue-1193	174	50	not	not	PART
issue-1193	174	51	granger	granger	AUX
issue-1193	174	52	cause	cause	VERB
issue-1193	174	53	на	на	PROPN
issue-1193	174	54	gcf	gcf	PROPN
issue-1193	174	55	88	88	NUM
issue-1193	174	56	75	75	NUM
issue-1193	174	57	0.6479	0.6479	NUM
issue-1193	174	58	0.0242	0.0242	NUM
issue-1193	174	59	0.7179	0.7179	NUM
issue-1193	174	60	0.0414	0.0414	NUM
issue-1193	174	61	pe_inflows	pe_inflow	NOUN
issue-1193	174	62	does	do	AUX
issue-1193	174	63	not	not	PART
issue-1193	174	64	granger	granger	AUX
issue-1193	174	65	cause	cause	VERB
issue-1193	174	66	pe_stocks	pe_stock	NOUN
issue-1193	174	67	pe_stocks	pe_stock	NOUN
issue-1193	174	68	does	do	AUX
issue-1193	174	69	not	not	PART
issue-1193	174	70	granger	granger	AUX
issue-1193	174	71	cause	cause	VERB
issue-1193	174	72	pe_inflows	pe_inflow	NOUN
issue-1193	174	73	79	79	NUM
issue-1193	174	74	75	75	NUM
issue-1193	174	75	0.1495	0.1495	NUM
issue-1193	174	76	0.0011	0.0011	NUM
issue-1193	174	77	0.0010	0.0010	NUM
issue-1193	174	78	0.0090	0.0090	NUM
issue-1193	174	79	note	note	NOUN
issue-1193	174	80	:	:	PUNCT
issue-1193	174	81	the	the	DET
issue-1193	174	82	calculations	calculation	NOUN
issue-1193	174	83	are	be	AUX
issue-1193	174	84	based	base	VERB
issue-1193	174	85	on	on	ADP
issue-1193	174	86	2	2	NUM
issue-1193	174	87	lags	lag	NOUN
issue-1193	174	88	,	,	PUNCT
issue-1193	174	89	because	because	SCONJ
issue-1193	174	90	the	the	DET
issue-1193	174	91	results	result	NOUN
issue-1193	174	92	were	be	AUX
issue-1193	174	93	the	the	DET
issue-1193	174	94	most	most	ADV
issue-1193	174	95	significant	significant	ADJ
issue-1193	174	96	.	.	PUNCT
issue-1193	175	1	source	source	NOUN
issue-1193	175	2	:	:	PUNCT
issue-1193	175	3	calculated	calculate	VERB
issue-1193	175	4	by	by	ADP
issue-1193	175	5	the	the	DET
issue-1193	175	6	author	author	NOUN
issue-1193	175	7	based	base	VERB
issue-1193	175	8	on	on	ADP
issue-1193	175	9	wdi	wdi	PROPN
issue-1193	175	10	(	(	PUNCT
issue-1193	175	11	2013	2013	NUM
issue-1193	175	12	)	)	PUNCT
issue-1193	175	13	,	,	PUNCT
issue-1193	175	14	wdi	wdi	NOUN
issue-1193	175	15	(	(	PUNCT
issue-1193	175	16	2017	2017	NUM
issue-1193	175	17	)	)	PUNCT
issue-1193	175	18	baltic	baltic	ADJ
issue-1193	175	19	journal	journal	NOUN
issue-1193	175	20	of	of	ADP
issue-1193	175	21	economic	economic	ADJ
issue-1193	175	22	studies	study	NOUN
issue-1193	175	23	124	124	NUM
issue-1193	175	24	vol	vol	NOUN
issue-1193	175	25	.	.	PROPN
issue-1193	175	26	7	7	NUM
issue-1193	176	1	no	no	NOUN
issue-1193	176	2	.	.	NOUN
issue-1193	177	1	3	3	NUM
issue-1193	177	2	,	,	PUNCT
issue-1193	177	3	2021	2021	NUM
issue-1193	177	4	sector	sector	NOUN
issue-1193	177	5	has	have	VERB
issue-1193	177	6	a	a	DET
issue-1193	177	7	significant	significant	ADJ
issue-1193	177	8	negative	negative	ADJ
issue-1193	177	9	impact	impact	NOUN
issue-1193	177	10	on	on	ADP
issue-1193	177	11	the	the	DET
issue-1193	177	12	gdp	gdp	NOUN
issue-1193	177	13	per	per	ADP
issue-1193	177	14	capita	capita	NOUN
issue-1193	177	15	growth	growth	NOUN
issue-1193	177	16	(	(	PUNCT
issue-1193	177	17	β3	β3	VERB
issue-1193	177	18	=	=	SYM
issue-1193	177	19	-0.495	-0.495	NUM
issue-1193	177	20	)	)	PUNCT
issue-1193	177	21	.	.	PUNCT
issue-1193	178	1	the	the	DET
issue-1193	178	2	role	role	NOUN
issue-1193	178	3	of	of	ADP
issue-1193	178	4	stock	stock	NOUN
issue-1193	178	5	traded	trade	VERB
issue-1193	178	6	is	be	AUX
issue-1193	178	7	insignificant	insignificant	ADJ
issue-1193	178	8	(	(	PUNCT
issue-1193	178	9	sig	sig	NOUN
issue-1193	178	10	.	.	PUNCT
issue-1193	179	1	=	=	PUNCT
issue-1193	179	2	0.061	0.061	NUM
issue-1193	179	3	,	,	PUNCT
issue-1193	179	4	that	that	PRON
issue-1193	179	5	is	be	AUX
issue-1193	179	6	>	>	X
issue-1193	179	7	0.05	0.05	NUM
issue-1193	179	8	)	)	PUNCT
issue-1193	179	9	.	.	PUNCT
issue-1193	180	1	insignificant	insignificant	ADJ
issue-1193	180	2	is	be	AUX
issue-1193	180	3	also	also	ADV
issue-1193	180	4	the	the	DET
issue-1193	180	5	impact	impact	NOUN
issue-1193	180	6	of	of	ADP
issue-1193	180	7	fdi	fdi	NOUN
issue-1193	180	8	and	and	CCONJ
issue-1193	180	9	portfolio	portfolio	NOUN
issue-1193	180	10	equity	equity	NOUN
issue-1193	180	11	stocks	stock	NOUN
issue-1193	180	12	(	(	PUNCT
issue-1193	180	13	model	model	NOUN
issue-1193	180	14	1	1	NUM
issue-1193	180	15	)	)	PUNCT
issue-1193	180	16	.	.	PUNCT
issue-1193	181	1	the	the	DET
issue-1193	181	2	main	main	ADJ
issue-1193	181	3	conclusion	conclusion	NOUN
issue-1193	181	4	from	from	ADP
issue-1193	181	5	the	the	DET
issue-1193	181	6	model	model	NOUN
issue-1193	181	7	2	2	NUM
issue-1193	181	8	(	(	PUNCT
issue-1193	181	9	table	table	NOUN
issue-1193	181	10	5	5	NUM
issue-1193	181	11	)	)	PUNCT
issue-1193	181	12	is	be	AUX
issue-1193	181	13	the	the	DET
issue-1193	181	14	positive	positive	ADJ
issue-1193	181	15	impact	impact	NOUN
issue-1193	181	16	of	of	ADP
issue-1193	181	17	stock	stock	NOUN
issue-1193	181	18	market	market	NOUN
issue-1193	181	19	capitalization	capitalization	NOUN
issue-1193	181	20	on	on	ADP
issue-1193	181	21	the	the	DET
issue-1193	181	22	economic	economic	ADJ
issue-1193	181	23	growth	growth	NOUN
issue-1193	181	24	of	of	ADP
issue-1193	181	25	cee	cee	NOUN
issue-1193	181	26	countries	country	NOUN
issue-1193	181	27	during	during	ADP
issue-1193	181	28	19992015	19992015	NUM
issue-1193	181	29	.	.	PUNCT
issue-1193	182	1	we	we	PRON
issue-1193	182	2	should	should	AUX
issue-1193	182	3	also	also	ADV
issue-1193	182	4	note	note	VERB
issue-1193	182	5	we	we	PRON
issue-1193	182	6	have	have	VERB
issue-1193	182	7	negative	negative	ADJ
issue-1193	182	8	impact	impact	NOUN
issue-1193	182	9	of	of	ADP
issue-1193	182	10	domestic	domestic	ADJ
issue-1193	182	11	credit	credit	NOUN
issue-1193	182	12	to	to	ADP
issue-1193	182	13	private	private	ADJ
issue-1193	182	14	sector	sector	NOUN
issue-1193	182	15	on	on	ADP
issue-1193	182	16	economic	economic	ADJ
issue-1193	182	17	growth	growth	NOUN
issue-1193	182	18	.	.	PUNCT
issue-1193	183	1	this	this	PRON
issue-1193	183	2	can	can	AUX
issue-1193	183	3	be	be	AUX
issue-1193	183	4	explained	explain	VERB
issue-1193	183	5	by	by	ADP
issue-1193	183	6	the	the	DET
issue-1193	183	7	impact	impact	NOUN
issue-1193	183	8	of	of	ADP
issue-1193	183	9	financial	financial	ADJ
issue-1193	183	10	crisis	crisis	NOUN
issue-1193	183	11	2007	2007	NUM
issue-1193	183	12	-	-	SYM
issue-1193	183	13	2008	2008	NUM
issue-1193	183	14	.	.	PUNCT
issue-1193	184	1	during	during	ADP
issue-1193	184	2	2007	2007	NUM
issue-1193	184	3	-	-	SYM
issue-1193	184	4	2010	2010	NUM
issue-1193	184	5	there	there	PRON
issue-1193	184	6	was	be	VERB
issue-1193	184	7	an	an	DET
issue-1193	184	8	increase	increase	NOUN
issue-1193	184	9	of	of	ADP
issue-1193	184	10	the	the	DET
issue-1193	184	11	share	share	NOUN
issue-1193	184	12	of	of	ADP
issue-1193	184	13	domestic	domestic	ADJ
issue-1193	184	14	credit	credit	NOUN
issue-1193	184	15	to	to	ADP
issue-1193	184	16	private	private	ADJ
issue-1193	184	17	sector	sector	NOUN
issue-1193	184	18	in	in	ADP
issue-1193	184	19	gdp	gdp	NOUN
issue-1193	184	20	against	against	ADP
issue-1193	184	21	the	the	DET
issue-1193	184	22	significant	significant	ADJ
issue-1193	184	23	decrease	decrease	NOUN
issue-1193	184	24	in	in	ADP
issue-1193	184	25	gdp	gdp	NOUN
issue-1193	184	26	per	per	ADP
issue-1193	184	27	capita	capita	NOUN
issue-1193	184	28	growth	growth	NOUN
issue-1193	184	29	rates	rate	NOUN
issue-1193	184	30	in	in	ADP
issue-1193	184	31	cee	cee	PROPN
issue-1193	184	32	counties	county	NOUN
issue-1193	184	33	.	.	PUNCT
issue-1193	185	1	6	6	X
issue-1193	185	2	.	.	X
issue-1193	185	3	conclusions	conclusion	NOUN
issue-1193	185	4	the	the	DET
issue-1193	185	5	relationship	relationship	NOUN
issue-1193	185	6	between	between	ADP
issue-1193	185	7	financial	financial	ADJ
issue-1193	185	8	market	market	NOUN
issue-1193	185	9	development	development	NOUN
issue-1193	185	10	and	and	CCONJ
issue-1193	185	11	economic	economic	ADJ
issue-1193	185	12	growth	growth	NOUN
issue-1193	185	13	is	be	AUX
issue-1193	185	14	the	the	DET
issue-1193	185	15	subject	subject	NOUN
issue-1193	185	16	of	of	ADP
issue-1193	185	17	study	study	NOUN
issue-1193	185	18	by	by	ADP
issue-1193	185	19	many	many	ADJ
issue-1193	185	20	economists	economist	NOUN
issue-1193	185	21	.	.	PUNCT
issue-1193	186	1	from	from	ADP
issue-1193	186	2	a	a	DET
issue-1193	186	3	theoretical	theoretical	ADJ
issue-1193	186	4	point	point	NOUN
issue-1193	186	5	of	of	ADP
issue-1193	186	6	view	view	NOUN
issue-1193	186	7	,	,	PUNCT
issue-1193	186	8	the	the	DET
issue-1193	186	9	financial	financial	ADJ
issue-1193	186	10	market	market	NOUN
issue-1193	186	11	,	,	PUNCT
issue-1193	186	12	in	in	ADP
issue-1193	186	13	the	the	DET
issue-1193	186	14	form	form	NOUN
issue-1193	186	15	of	of	ADP
issue-1193	186	16	both	both	CCONJ
issue-1193	186	17	the	the	DET
issue-1193	186	18	banking	banking	NOUN
issue-1193	186	19	system	system	NOUN
issue-1193	186	20	and	and	CCONJ
issue-1193	186	21	the	the	DET
issue-1193	186	22	stock	stock	NOUN
issue-1193	186	23	market	market	NOUN
issue-1193	186	24	,	,	PUNCT
issue-1193	186	25	turning	turn	VERB
issue-1193	186	26	savings	saving	NOUN
issue-1193	186	27	into	into	ADP
issue-1193	186	28	investment	investment	NOUN
issue-1193	186	29	,	,	PUNCT
issue-1193	186	30	is	be	AUX
issue-1193	186	31	a	a	DET
issue-1193	186	32	source	source	NOUN
issue-1193	186	33	of	of	ADP
issue-1193	186	34	economic	economic	ADJ
issue-1193	186	35	development	development	NOUN
issue-1193	186	36	and	and	CCONJ
issue-1193	186	37	,	,	PUNCT
issue-1193	186	38	accordingly	accordingly	ADV
issue-1193	186	39	,	,	PUNCT
issue-1193	186	40	economic	economic	ADJ
issue-1193	186	41	growth	growth	NOUN
issue-1193	186	42	.	.	PUNCT
issue-1193	187	1	however	however	ADV
issue-1193	187	2	,	,	PUNCT
issue-1193	187	3	this	this	PRON
issue-1193	187	4	is	be	AUX
issue-1193	187	5	not	not	PART
issue-1193	187	6	always	always	ADV
issue-1193	187	7	the	the	DET
issue-1193	187	8	case	case	NOUN
issue-1193	187	9	,	,	PUNCT
issue-1193	187	10	as	as	SCONJ
issue-1193	187	11	exemplified	exemplify	VERB
issue-1193	187	12	by	by	ADP
issue-1193	187	13	the	the	DET
issue-1193	187	14	numerous	numerous	ADJ
issue-1193	187	15	economic	economic	ADJ
issue-1193	187	16	crises	crisis	NOUN
issue-1193	187	17	triggered	trigger	VERB
issue-1193	187	18	by	by	ADP
issue-1193	187	19	the	the	DET
issue-1193	187	20	boom	boom	NOUN
issue-1193	187	21	in	in	ADP
issue-1193	187	22	either	either	CCONJ
issue-1193	187	23	the	the	DET
issue-1193	187	24	credit	credit	NOUN
issue-1193	187	25	or	or	CCONJ
issue-1193	187	26	stock	stock	NOUN
issue-1193	187	27	markets	market	NOUN
issue-1193	187	28	.	.	PUNCT
issue-1193	188	1	opinions	opinion	NOUN
issue-1193	188	2	of	of	ADP
issue-1193	188	3	economists	economist	NOUN
issue-1193	188	4	also	also	ADV
issue-1193	188	5	differ	differ	VERB
issue-1193	188	6	on	on	ADP
issue-1193	188	7	the	the	DET
issue-1193	188	8	direction	direction	NOUN
issue-1193	188	9	of	of	ADP
issue-1193	188	10	the	the	DET
issue-1193	188	11	relationship	relationship	NOUN
issue-1193	188	12	between	between	ADP
issue-1193	188	13	financial	financial	ADJ
issue-1193	188	14	market	market	NOUN
issue-1193	188	15	development	development	NOUN
issue-1193	188	16	and	and	CCONJ
issue-1193	188	17	economic	economic	ADJ
issue-1193	188	18	growth	growth	NOUN
issue-1193	188	19	.	.	PUNCT
issue-1193	189	1	the	the	DET
issue-1193	189	2	results	result	NOUN
issue-1193	189	3	of	of	ADP
issue-1193	189	4	numerous	numerous	ADJ
issue-1193	189	5	studies	study	NOUN
issue-1193	189	6	emphasize	emphasize	VERB
issue-1193	189	7	,	,	PUNCT
issue-1193	189	8	in	in	ADP
issue-1193	189	9	particular	particular	ADJ
issue-1193	189	10	,	,	PUNCT
issue-1193	189	11	the	the	DET
issue-1193	189	12	importance	importance	NOUN
issue-1193	189	13	of	of	ADP
issue-1193	189	14	economic	economic	ADJ
issue-1193	189	15	growth	growth	NOUN
issue-1193	189	16	in	in	ADP
issue-1193	189	17	the	the	DET
issue-1193	189	18	development	development	NOUN
issue-1193	189	19	of	of	ADP
issue-1193	189	20	the	the	DET
issue-1193	189	21	financial	financial	ADJ
issue-1193	189	22	sector	sector	NOUN
issue-1193	189	23	of	of	ADP
issue-1193	189	24	the	the	DET
issue-1193	189	25	economy	economy	NOUN
issue-1193	189	26	.	.	PUNCT
issue-1193	190	1	in	in	ADP
issue-1193	190	2	addition	addition	NOUN
issue-1193	190	3	,	,	PUNCT
issue-1193	190	4	different	different	ADJ
issue-1193	190	5	countries	country	NOUN
issue-1193	190	6	have	have	VERB
issue-1193	190	7	different	different	ADJ
issue-1193	190	8	models	model	NOUN
issue-1193	190	9	of	of	ADP
issue-1193	190	10	the	the	DET
issue-1193	190	11	financial	financial	ADJ
issue-1193	190	12	system	system	NOUN
issue-1193	190	13	.	.	PUNCT
issue-1193	191	1	it	it	PRON
issue-1193	191	2	is	be	AUX
issue-1193	191	3	logical	logical	ADJ
issue-1193	191	4	to	to	PART
issue-1193	191	5	assume	assume	VERB
issue-1193	191	6	that	that	SCONJ
issue-1193	191	7	in	in	ADP
issue-1193	191	8	countries	country	NOUN
issue-1193	191	9	with	with	ADP
issue-1193	191	10	a	a	DET
issue-1193	191	11	banking	banking	NOUN
issue-1193	191	12	-	-	PUNCT
issue-1193	191	13	oriented	orient	VERB
issue-1193	191	14	model	model	NOUN
issue-1193	191	15	of	of	ADP
issue-1193	191	16	the	the	DET
issue-1193	191	17	financial	financial	ADJ
issue-1193	191	18	system	system	NOUN
issue-1193	191	19	,	,	PUNCT
issue-1193	191	20	the	the	DET
issue-1193	191	21	development	development	NOUN
issue-1193	191	22	of	of	ADP
issue-1193	191	23	the	the	DET
issue-1193	191	24	banking	banking	NOUN
issue-1193	191	25	sector	sector	NOUN
issue-1193	191	26	will	will	AUX
issue-1193	191	27	have	have	VERB
issue-1193	191	28	a	a	DET
issue-1193	191	29	greater	great	ADJ
issue-1193	191	30	impact	impact	NOUN
issue-1193	191	31	on	on	ADP
issue-1193	191	32	economic	economic	ADJ
issue-1193	191	33	growth	growth	NOUN
issue-1193	191	34	,	,	PUNCT
issue-1193	191	35	while	while	SCONJ
issue-1193	191	36	in	in	ADP
issue-1193	191	37	countries	country	NOUN
issue-1193	191	38	with	with	ADP
issue-1193	191	39	a	a	DET
issue-1193	191	40	market	market	NOUN
issue-1193	191	41	-	-	PUNCT
issue-1193	191	42	oriented	orient	VERB
issue-1193	191	43	model	model	NOUN
issue-1193	191	44	of	of	ADP
issue-1193	191	45	the	the	DET
issue-1193	191	46	financial	financial	ADJ
issue-1193	191	47	system	system	NOUN
issue-1193	191	48	,	,	PUNCT
issue-1193	191	49	economic	economic	ADJ
issue-1193	191	50	growth	growth	NOUN
issue-1193	191	51	will	will	AUX
issue-1193	191	52	be	be	AUX
issue-1193	191	53	more	more	ADV
issue-1193	191	54	affected	affect	VERB
issue-1193	191	55	by	by	ADP
issue-1193	191	56	stock	stock	NOUN
issue-1193	191	57	market	market	NOUN
issue-1193	191	58	development	development	NOUN
issue-1193	191	59	.	.	PUNCT
issue-1193	192	1	the	the	DET
issue-1193	192	2	purpose	purpose	NOUN
issue-1193	192	3	of	of	ADP
issue-1193	192	4	this	this	DET
issue-1193	192	5	study	study	NOUN
issue-1193	192	6	was	be	AUX
issue-1193	192	7	to	to	PART
issue-1193	192	8	identify	identify	VERB
issue-1193	192	9	the	the	DET
issue-1193	192	10	direction	direction	NOUN
issue-1193	192	11	and	and	CCONJ
issue-1193	192	12	strength	strength	NOUN
issue-1193	192	13	of	of	ADP
issue-1193	192	14	the	the	DET
issue-1193	192	15	relationship	relationship	NOUN
issue-1193	192	16	between	between	ADP
issue-1193	192	17	the	the	DET
issue-1193	192	18	development	development	NOUN
issue-1193	192	19	of	of	ADP
issue-1193	192	20	the	the	DET
issue-1193	192	21	stock	stock	NOUN
issue-1193	192	22	market	market	NOUN
issue-1193	192	23	,	,	PUNCT
issue-1193	192	24	the	the	DET
issue-1193	192	25	banking	banking	NOUN
issue-1193	192	26	sector	sector	NOUN
issue-1193	192	27	and	and	CCONJ
issue-1193	192	28	economic	economic	ADJ
issue-1193	192	29	growth	growth	NOUN
issue-1193	192	30	in	in	ADP
issue-1193	192	31	cee	cee	NOUN
issue-1193	192	32	countries	country	NOUN
issue-1193	192	33	,	,	PUNCT
issue-1193	192	34	which	which	PRON
issue-1193	192	35	are	be	AUX
issue-1193	192	36	characterized	characterize	VERB
issue-1193	192	37	by	by	ADP
issue-1193	192	38	a	a	DET
issue-1193	192	39	bank	bank	NOUN
issue-1193	192	40	-	-	PUNCT
issue-1193	192	41	oriented	orient	VERB
issue-1193	192	42	model	model	NOUN
issue-1193	192	43	of	of	ADP
issue-1193	192	44	the	the	DET
issue-1193	192	45	financial	financial	ADJ
issue-1193	192	46	system	system	NOUN
issue-1193	192	47	.	.	PUNCT
issue-1193	193	1	given	give	VERB
issue-1193	193	2	the	the	DET
issue-1193	193	3	rather	rather	ADV
issue-1193	193	4	low	low	ADJ
issue-1193	193	5	level	level	NOUN
issue-1193	193	6	of	of	ADP
issue-1193	193	7	the	the	DET
issue-1193	193	8	stock	stock	NOUN
issue-1193	193	9	market	market	NOUN
issue-1193	193	10	’s	’s	PART
issue-1193	193	11	development	development	NOUN
issue-1193	193	12	in	in	ADP
issue-1193	193	13	the	the	DET
issue-1193	193	14	cee	cee	NOUN
issue-1193	193	15	countries	country	NOUN
issue-1193	193	16	,	,	PUNCT
issue-1193	193	17	it	it	PRON
issue-1193	193	18	was	be	AUX
issue-1193	193	19	interesting	interesting	ADJ
issue-1193	193	20	to	to	PART
issue-1193	193	21	analyze	analyze	VERB
issue-1193	193	22	whether	whether	SCONJ
issue-1193	193	23	these	these	DET
issue-1193	193	24	markets	market	NOUN
issue-1193	193	25	play	play	VERB
issue-1193	193	26	a	a	DET
issue-1193	193	27	positive	positive	ADJ
issue-1193	193	28	role	role	NOUN
issue-1193	193	29	in	in	ADP
issue-1193	193	30	economic	economic	ADJ
issue-1193	193	31	growth	growth	NOUN
issue-1193	193	32	and	and	CCONJ
issue-1193	193	33	whether	whether	SCONJ
issue-1193	193	34	cee	cee	NOUN
issue-1193	193	35	countries	country	NOUN
issue-1193	193	36	need	need	VERB
issue-1193	193	37	to	to	PART
issue-1193	193	38	develop	develop	VERB
issue-1193	193	39	them	they	PRON
issue-1193	193	40	accordingly	accordingly	ADV
issue-1193	193	41	?	?	PUNCT
issue-1193	194	1	the	the	DET
issue-1193	194	2	study	study	NOUN
issue-1193	194	3	also	also	ADV
issue-1193	194	4	decided	decide	VERB
issue-1193	194	5	to	to	PART
issue-1193	194	6	take	take	VERB
issue-1193	194	7	into	into	ADP
issue-1193	194	8	account	account	NOUN
issue-1193	194	9	the	the	DET
issue-1193	194	10	role	role	NOUN
issue-1193	194	11	of	of	ADP
issue-1193	194	12	fdi	fdi	PROPN
issue-1193	194	13	,	,	PUNCT
issue-1193	194	14	because	because	SCONJ
issue-1193	194	15	they	they	PRON
issue-1193	194	16	are	be	AUX
issue-1193	194	17	,	,	PUNCT
issue-1193	194	18	on	on	ADP
issue-1193	194	19	the	the	DET
issue-1193	194	20	one	one	NUM
issue-1193	194	21	hand	hand	NOUN
issue-1193	194	22	,	,	PUNCT
issue-1193	194	23	an	an	DET
issue-1193	194	24	indicator	indicator	NOUN
issue-1193	194	25	of	of	ADP
issue-1193	194	26	the	the	DET
issue-1193	194	27	quality	quality	NOUN
issue-1193	194	28	of	of	ADP
issue-1193	194	29	the	the	DET
issue-1193	194	30	institutional	institutional	ADJ
issue-1193	194	31	environment	environment	NOUN
issue-1193	194	32	,	,	PUNCT
issue-1193	194	33	in	in	ADP
issue-1193	194	34	the	the	DET
issue-1193	194	35	stock	stock	NOUN
issue-1193	194	36	markets	market	NOUN
issue-1193	194	37	in	in	ADP
issue-1193	194	38	particular	particular	ADJ
issue-1193	194	39	,	,	PUNCT
issue-1193	194	40	and	and	CCONJ
issue-1193	194	41	on	on	ADP
issue-1193	194	42	the	the	DET
issue-1193	194	43	other	other	ADJ
issue-1193	194	44	hand	hand	NOUN
issue-1193	194	45	another	another	DET
issue-1193	194	46	important	important	ADJ
issue-1193	194	47	determinant	determinant	NOUN
issue-1193	194	48	of	of	ADP
issue-1193	194	49	economic	economic	ADJ
issue-1193	194	50	growth	growth	NOUN
issue-1193	194	51	.	.	PUNCT
issue-1193	195	1	in	in	ADP
issue-1193	195	2	the	the	DET
issue-1193	195	3	research	research	NOUN
issue-1193	195	4	there	there	PRON
issue-1193	195	5	are	be	VERB
issue-1193	195	6	used	use	VERB
issue-1193	195	7	the	the	DET
issue-1193	195	8	annual	annual	ADJ
issue-1193	195	9	data	datum	NOUN
issue-1193	195	10	of	of	ADP
issue-1193	195	11	8	8	NUM
issue-1193	195	12	cee	cee	NOUN
issue-1193	195	13	countries	country	NOUN
issue-1193	195	14	(	(	PUNCT
issue-1193	195	15	poland	poland	PROPN
issue-1193	195	16	,	,	PUNCT
issue-1193	195	17	hungary	hungary	PROPN
issue-1193	195	18	,	,	PUNCT
issue-1193	195	19	the	the	DET
issue-1193	195	20	czech	czech	PROPN
issue-1193	195	21	republic	republic	NOUN
issue-1193	195	22	,	,	PUNCT
issue-1193	195	23	slovakia	slovakia	PROPN
issue-1193	195	24	,	,	PUNCT
issue-1193	195	25	slovenia	slovenia	PROPN
issue-1193	195	26	,	,	PUNCT
issue-1193	195	27	lithuania	lithuania	PROPN
issue-1193	195	28	,	,	PUNCT
issue-1193	195	29	latvia	latvia	PROPN
issue-1193	195	30	and	and	CCONJ
issue-1193	195	31	estonia	estonia	PROPN
issue-1193	195	32	)	)	PUNCT
issue-1193	195	33	for	for	ADP
issue-1193	195	34	the	the	DET
issue-1193	195	35	period	period	NOUN
issue-1193	195	36	from	from	ADP
issue-1193	195	37	1999	1999	NUM
issue-1193	195	38	to	to	ADP
issue-1193	195	39	2012	2012	NUM
issue-1193	195	40	,	,	PUNCT
issue-1193	195	41	and	and	CCONJ
issue-1193	195	42	the	the	DET
issue-1193	195	43	data	datum	NOUN
issue-1193	195	44	of	of	ADP
issue-1193	195	45	5	5	NUM
issue-1193	195	46	cee	cee	NOUN
issue-1193	195	47	countries	country	NOUN
issue-1193	195	48	(	(	PUNCT
issue-1193	195	49	poland	poland	PROPN
issue-1193	195	50	,	,	PUNCT
issue-1193	195	51	hungary	hungary	PROPN
issue-1193	195	52	,	,	PUNCT
issue-1193	195	53	the	the	DET
issue-1193	195	54	czech	czech	PROPN
issue-1193	195	55	republic	republic	NOUN
issue-1193	195	56	,	,	PUNCT
issue-1193	195	57	slovakia	slovakia	PROPN
issue-1193	195	58	,	,	PUNCT
issue-1193	195	59	slovenia	slovenia	PROPN
issue-1193	195	60	)	)	PUNCT
issue-1193	195	61	for	for	ADP
issue-1193	195	62	the	the	DET
issue-1193	195	63	period	period	NOUN
issue-1193	195	64	from	from	ADP
issue-1193	195	65	1999	1999	NUM
issue-1193	195	66	to	to	ADP
issue-1193	195	67	2015	2015	NUM
issue-1193	195	68	.	.	PUNCT
issue-1193	196	1	table	table	NOUN
issue-1193	196	2	5	5	NUM
issue-1193	196	3	factors	factor	NOUN
issue-1193	196	4	of	of	ADP
issue-1193	196	5	influence	influence	NOUN
issue-1193	196	6	on	on	ADP
issue-1193	196	7	economic	economic	ADJ
issue-1193	196	8	growth	growth	NOUN
issue-1193	196	9	in	in	ADP
issue-1193	196	10	the	the	DET
issue-1193	196	11	cee	cee	NOUN
issue-1193	196	12	countries	country	NOUN
issue-1193	196	13	in	in	ADP
issue-1193	196	14	1999	1999	NUM
issue-1193	196	15	-	-	SYM
issue-1193	196	16	2015	2015	NUM
issue-1193	196	17	independent	independent	ADJ
issue-1193	196	18	variables	variable	NOUN
issue-1193	196	19	model	model	VERB
issue-1193	196	20	1	1	NUM
issue-1193	196	21	model	model	NOUN
issue-1193	196	22	2	2	NUM
issue-1193	196	23	model	model	NOUN
issue-1193	196	24	3	3	NUM
issue-1193	196	25	model	model	NOUN
issue-1193	196	26	4	4	NUM
issue-1193	196	27	cap	cap	NOUN
issue-1193	196	28	0.089	0.089	NUM
issue-1193	196	29	(	(	PUNCT
issue-1193	196	30	2.538	2.538	NUM
issue-1193	196	31	)	)	PUNCT
issue-1193	196	32	*	*	PUNCT
issue-1193	197	1	*	*	PUNCT
issue-1193	197	2	0.077	0.077	NUM
issue-1193	197	3	(	(	PUNCT
issue-1193	197	4	2.608	2.608	NUM
issue-1193	197	5	)	)	PUNCT
issue-1193	197	6	*	*	PUNCT
issue-1193	198	1	*	*	PUNCT
issue-1193	198	2	*	*	X
issue-1193	198	3	0.042	0.042	NUM
issue-1193	198	4	(	(	PUNCT
issue-1193	198	5	1.795	1.795	NUM
issue-1193	198	6	)	)	PUNCT
issue-1193	198	7	st_traded	st_trade	VERB
issue-1193	198	8	-0.077	-0.077	PUNCT
issue-1193	198	9	(	(	PUNCT
issue-1193	198	10	-1.129	-1.129	PROPN
issue-1193	198	11	)	)	PUNCT
issue-1193	198	12	-0.084	-0.084	PUNCT
issue-1193	199	1	(	(	PUNCT
issue-1193	199	2	-1.900	-1.900	PROPN
issue-1193	199	3	)	)	PUNCT
issue-1193	199	4	dcps	dcp	NOUN
issue-1193	199	5	-0.105	-0.105	PROPN
issue-1193	199	6	(	(	PUNCT
issue-1193	199	7	-5.341	-5.341	PROPN
issue-1193	199	8	)	)	PUNCT
issue-1193	199	9	*	*	PUNCT
issue-1193	200	1	*	*	PUNCT
issue-1193	200	2	*	*	PUNCT
issue-1193	200	3	-0.104	-0.104	X
issue-1193	200	4	(	(	PUNCT
issue-1193	200	5	-5.378	-5.378	NOUN
issue-1193	200	6	)	)	PUNCT
issue-1193	200	7	*	*	PUNCT
issue-1193	201	1	*	*	PUNCT
issue-1193	201	2	*	*	PUNCT
issue-1193	201	3	-0.095	-0.095	NUM
issue-1193	201	4	(	(	PUNCT
issue-1193	201	5	-4.981	-4.981	NOUN
issue-1193	201	6	)	)	PUNCT
issue-1193	201	7	*	*	PUNCT
issue-1193	202	1	*	*	PUNCT
issue-1193	202	2	*	*	PUNCT
issue-1193	202	3	-0.091	-0.091	NUM
issue-1193	202	4	(	(	PUNCT
issue-1193	202	5	-4.765	-4.765	PROPN
issue-1193	202	6	)	)	PUNCT
issue-1193	202	7	*	*	PUNCT
issue-1193	202	8	*	*	PUNCT
issue-1193	202	9	*	*	PUNCT
issue-1193	202	10	gcf	gcf	PROPN
issue-1193	202	11	0.242	0.242	NUM
issue-1193	202	12	(	(	PUNCT
issue-1193	202	13	3.323	3.323	NUM
issue-1193	202	14	)	)	PUNCT
issue-1193	202	15	*	*	PUNCT
issue-1193	203	1	*	*	PUNCT
issue-1193	203	2	*	*	PUNCT
issue-1193	203	3	0.249	0.249	NUM
issue-1193	203	4	(	(	PUNCT
issue-1193	203	5	3.654	3.654	NUM
issue-1193	203	6	)	)	PUNCT
issue-1193	203	7	*	*	PUNCT
issue-1193	204	1	*	*	PUNCT
issue-1193	204	2	*	*	PUNCT
issue-1193	204	3	0.246	0.246	NUM
issue-1193	204	4	(	(	PUNCT
issue-1193	204	5	3.561	3.561	NUM
issue-1193	204	6	)	)	PUNCT
issue-1193	204	7	*	*	PUNCT
issue-1193	205	1	*	*	PUNCT
issue-1193	205	2	*	*	PUNCT
issue-1193	205	3	0.247	0.247	NUM
issue-1193	205	4	(	(	PUNCT
issue-1193	205	5	3.525	3.525	NUM
issue-1193	205	6	)	)	PUNCT
issue-1193	205	7	*	*	PUNCT
issue-1193	206	1	*	*	PUNCT
issue-1193	206	2	*	*	PUNCT
issue-1193	206	3	fdi_stocks	fdi_stock	NOUN
issue-1193	206	4	0.013	0.013	NUM
issue-1193	206	5	(	(	PUNCT
issue-1193	206	6	0.629	0.629	NUM
issue-1193	206	7	)	)	PUNCT
issue-1193	206	8	pe_stocks	pe_stock	NOUN
issue-1193	206	9	-0.072	-0.072	PROPN
issue-1193	206	10	(	(	PUNCT
issue-1193	206	11	-0.402	-0.402	NOUN
issue-1193	206	12	)	)	PUNCT
issue-1193	206	13	constant	constant	ADJ
issue-1193	206	14	0.178	0.178	NUM
issue-1193	206	15	(	(	PUNCT
issue-1193	206	16	0.078	0.078	NUM
issue-1193	206	17	)	)	PUNCT
issue-1193	206	18	0.486	0.486	NUM
issue-1193	206	19	(	(	PUNCT
issue-1193	206	20	0.235	0.235	NUM
issue-1193	206	21	)	)	PUNCT
issue-1193	206	22	0.120	0.120	NUM
issue-1193	206	23	(	(	PUNCT
issue-1193	206	24	0.057	0.057	NUM
issue-1193	206	25	)	)	PUNCT
issue-1193	206	26	0.786	0.786	NUM
issue-1193	206	27	(	(	PUNCT
issue-1193	206	28	0.376	0.376	NUM
issue-1193	206	29	)	)	PUNCT
issue-1193	206	30	significance	significance	NOUN
issue-1193	206	31	of	of	ADP
issue-1193	206	32	the	the	DET
issue-1193	206	33	model	model	NOUN
issue-1193	206	34	0.000	0.000	NUM
issue-1193	206	35	0.000	0.000	NUM
issue-1193	206	36	0.000	0.000	NUM
issue-1193	206	37	0.000	0.000	NUM
issue-1193	206	38	f	f	X
issue-1193	206	39	-	-	PUNCT
issue-1193	206	40	statistics	statistic	NOUN
issue-1193	206	41	of	of	ADP
issue-1193	206	42	the	the	DET
issue-1193	206	43	model	model	NOUN
issue-1193	206	44	8.320	8.320	NUM
issue-1193	206	45	12.631	12.631	NUM
issue-1193	206	46	15.149	15.149	NUM
issue-1193	206	47	20.555	20.555	NUM
issue-1193	206	48	r2	r2	NOUN
issue-1193	206	49	0.390	0.390	NUM
issue-1193	206	50	0.387	0.387	NUM
issue-1193	206	51	0.359	0.359	NUM
issue-1193	206	52	0.334	0.334	NUM
issue-1193	206	53	adjusted	adjust	VERB
issue-1193	206	54	r2	r2	NOUN
issue-1193	206	55	0.343	0.343	NUM
issue-1193	206	56	0.356	0.356	NUM
issue-1193	206	57	0.336	0.336	NUM
issue-1193	206	58	0.318	0.318	NUM
issue-1193	206	59	durbin	durbin	ADJ
issue-1193	206	60	-	-	PUNCT
issue-1193	206	61	watson	watson	NOUN
issue-1193	206	62	1.675	1.675	NUM
issue-1193	206	63	1.670	1.670	NUM
issue-1193	206	64	1.596	1.596	NUM
issue-1193	206	65	1.551	1.551	NUM
issue-1193	206	66	number	number	NOUN
issue-1193	206	67	of	of	ADP
issue-1193	206	68	obs	obs	PROPN
issue-1193	206	69	.	.	PROPN
issue-1193	206	70	85	85	NUM
issue-1193	206	71	85	85	NUM
issue-1193	206	72	85	85	NUM
issue-1193	206	73	85	85	NUM
issue-1193	206	74	notes	note	NOUN
issue-1193	206	75	:	:	PUNCT
issue-1193	206	76	t	t	PROPN
issue-1193	206	77	-	-	PUNCT
issue-1193	206	78	statistics	statistic	NOUN
issue-1193	206	79	are	be	AUX
issue-1193	206	80	in	in	ADP
issue-1193	206	81	parentheses	parenthesis	NOUN
issue-1193	206	82	.	.	PUNCT
issue-1193	207	1	*	*	PUNCT
issue-1193	208	1	*	*	PUNCT
issue-1193	208	2	*	*	PUNCT
issue-1193	208	3	,	,	PUNCT
issue-1193	208	4	*	*	PUNCT
issue-1193	208	5	*	*	PUNCT
issue-1193	208	6	and	and	CCONJ
issue-1193	208	7	*	*	AUX
issue-1193	208	8	indicate	indicate	VERB
issue-1193	208	9	significant	significant	ADJ
issue-1193	208	10	at	at	ADP
issue-1193	208	11	0.1	0.1	NUM
issue-1193	208	12	,	,	PUNCT
issue-1193	208	13	1	1	NUM
issue-1193	208	14	and	and	CCONJ
issue-1193	208	15	5	5	NUM
issue-1193	208	16	percent	percent	NOUN
issue-1193	208	17	level	level	NOUN
issue-1193	208	18	respectively	respectively	ADV
issue-1193	208	19	(	(	PUNCT
issue-1193	208	20	p	p	NOUN
issue-1193	208	21	-	-	PUNCT
issue-1193	208	22	value	value	NOUN
issue-1193	208	23	<	<	X
issue-1193	208	24	0.001	0.001	NUM
issue-1193	208	25	,	,	PUNCT
issue-1193	208	26	0,01	0,01	NUM
issue-1193	208	27	and	and	CCONJ
issue-1193	208	28	0.05	0.05	NUM
issue-1193	208	29	)	)	PUNCT
issue-1193	208	30	.	.	PUNCT
issue-1193	209	1	source	source	NOUN
issue-1193	209	2	:	:	PUNCT
issue-1193	209	3	calculated	calculate	VERB
issue-1193	209	4	by	by	ADP
issue-1193	209	5	the	the	DET
issue-1193	209	6	author	author	NOUN
issue-1193	209	7	in	in	ADP
issue-1193	209	8	spss	spss	PROPN
issue-1193	209	9	on	on	ADP
issue-1193	209	10	the	the	DET
issue-1193	209	11	basis	basis	NOUN
issue-1193	209	12	of	of	ADP
issue-1193	209	13	data	datum	NOUN
issue-1193	209	14	from	from	ADP
issue-1193	209	15	wdi	wdi	PROPN
issue-1193	209	16	(	(	PUNCT
issue-1193	209	17	2013	2013	NUM
issue-1193	209	18	)	)	PUNCT
issue-1193	209	19	,	,	PUNCT
issue-1193	209	20	wdi	wdi	NOUN
issue-1193	209	21	(	(	PUNCT
issue-1193	209	22	2017	2017	NUM
issue-1193	209	23	)	)	PUNCT
issue-1193	209	24	.	.	PUNCT
issue-1193	210	1	baltic	baltic	PROPN
issue-1193	210	2	journal	journal	PROPN
issue-1193	210	3	of	of	ADP
issue-1193	210	4	economic	economic	ADJ
issue-1193	210	5	studies	study	NOUN
issue-1193	210	6	125	125	NUM
issue-1193	210	7	vol	vol	NOUN
issue-1193	210	8	.	.	PROPN
issue-1193	210	9	7	7	NUM
issue-1193	210	10	no	no	NOUN
issue-1193	210	11	.	.	NOUN
issue-1193	210	12	3	3	NUM
issue-1193	210	13	,	,	PUNCT
issue-1193	210	14	2021	2021	NUM
issue-1193	210	15	on	on	ADP
issue-1193	210	16	the	the	DET
issue-1193	210	17	basis	basis	NOUN
issue-1193	210	18	of	of	ADP
issue-1193	210	19	the	the	DET
issue-1193	210	20	conducted	conduct	VERB
issue-1193	210	21	analysis	analysis	NOUN
issue-1193	210	22	we	we	PRON
issue-1193	210	23	are	be	AUX
issue-1193	210	24	able	able	ADJ
issue-1193	210	25	to	to	PART
issue-1193	210	26	prove	prove	VERB
issue-1193	210	27	that	that	PRON
issue-1193	210	28	:	:	PUNCT
issue-1193	210	29	–	–	PUNCT
issue-1193	210	30	firstly	firstly	ADV
issue-1193	210	31	,	,	PUNCT
issue-1193	210	32	in	in	ADP
issue-1193	210	33	the	the	DET
issue-1193	210	34	long	long	ADV
issue-1193	210	35	-	-	PUNCT
issue-1193	210	36	run	run	NOUN
issue-1193	210	37	period	period	NOUN
issue-1193	210	38	,	,	PUNCT
issue-1193	210	39	the	the	DET
issue-1193	210	40	stock	stock	NOUN
issue-1193	210	41	market	market	NOUN
issue-1193	210	42	development	development	NOUN
issue-1193	210	43	plays	play	VERB
issue-1193	210	44	an	an	DET
issue-1193	210	45	important	important	ADJ
issue-1193	210	46	role	role	NOUN
issue-1193	210	47	both	both	CCONJ
issue-1193	210	48	in	in	ADP
issue-1193	210	49	attracting	attract	VERB
issue-1193	210	50	foreign	foreign	ADJ
issue-1193	210	51	direct	direct	ADJ
issue-1193	210	52	investment	investment	NOUN
issue-1193	210	53	and	and	CCONJ
issue-1193	210	54	in	in	ADP
issue-1193	210	55	the	the	DET
issue-1193	210	56	economic	economic	ADJ
issue-1193	210	57	growth	growth	NOUN
issue-1193	210	58	of	of	ADP
issue-1193	210	59	cee	cee	NOUN
issue-1193	210	60	countries	country	NOUN
issue-1193	210	61	.	.	PUNCT
issue-1193	211	1	the	the	DET
issue-1193	211	2	similar	similar	ADJ
issue-1193	211	3	conclusions	conclusion	NOUN
issue-1193	211	4	made	make	VERB
issue-1193	211	5	levine	levine	PROPN
issue-1193	211	6	(	(	PUNCT
issue-1193	211	7	1996	1996	NUM
issue-1193	211	8	)	)	PUNCT
issue-1193	211	9	,	,	PUNCT
issue-1193	211	10	levine	levine	PROPN
issue-1193	211	11	and	and	CCONJ
issue-1193	211	12	zervos	zervos	PROPN
issue-1193	211	13	(	(	PUNCT
issue-1193	211	14	1996	1996	NUM
issue-1193	211	15	;	;	PUNCT
issue-1193	211	16	1998	1998	NUM
issue-1193	211	17	)	)	PUNCT
issue-1193	211	18	,	,	PUNCT
issue-1193	211	19	yartey	yartey	PROPN
issue-1193	211	20	(	(	PUNCT
issue-1193	211	21	2008	2008	NUM
issue-1193	211	22	)	)	PUNCT
issue-1193	211	23	,	,	PUNCT
issue-1193	211	24	chousa	chousa	VERB
issue-1193	211	25	,	,	PUNCT
issue-1193	211	26	vadlamannati	vadlamannati	NOUN
issue-1193	211	27	and	and	CCONJ
issue-1193	211	28	tamazian	tamazian	ADJ
issue-1193	211	29	(	(	PUNCT
issue-1193	211	30	2008	2008	NUM
issue-1193	211	31	)	)	PUNCT
issue-1193	211	32	,	,	PUNCT
issue-1193	211	33	garcia	garcia	PROPN
issue-1193	211	34	and	and	CCONJ
issue-1193	211	35	liu	liu	PROPN
issue-1193	211	36	(	(	PUNCT
issue-1193	211	37	1996	1996	NUM
issue-1193	211	38	)	)	PUNCT
issue-1193	211	39	,	,	PUNCT
issue-1193	211	40	atje	atje	PROPN
issue-1193	211	41	and	and	CCONJ
issue-1193	211	42	jovanovic	jovanovic	PROPN
issue-1193	211	43	(	(	PUNCT
issue-1193	211	44	1993	1993	NUM
issue-1193	211	45	)	)	PUNCT
issue-1193	211	46	;	;	PUNCT
issue-1193	211	47	–	–	PUNCT
issue-1193	211	48	secondly	secondly	ADV
issue-1193	211	49	,	,	PUNCT
issue-1193	211	50	the	the	DET
issue-1193	211	51	stock	stock	NOUN
issue-1193	211	52	market	market	NOUN
issue-1193	211	53	capitalization	capitalization	NOUN
issue-1193	211	54	can	can	AUX
issue-1193	211	55	impact	impact	VERB
issue-1193	211	56	economic	economic	ADJ
issue-1193	211	57	growth	growth	NOUN
issue-1193	211	58	indirectly	indirectly	ADV
issue-1193	211	59	through	through	ADP
issue-1193	211	60	such	such	ADJ
issue-1193	211	61	channels	channel	NOUN
issue-1193	211	62	as	as	ADP
issue-1193	211	63	the	the	DET
issue-1193	211	64	banking	banking	NOUN
issue-1193	211	65	sector	sector	NOUN
issue-1193	211	66	and	and	CCONJ
issue-1193	211	67	gross	gross	ADJ
issue-1193	211	68	capital	capital	NOUN
issue-1193	211	69	formation	formation	NOUN
issue-1193	211	70	;	;	PUNCT
issue-1193	211	71	–	–	PUNCT
issue-1193	211	72	thirdly	thirdly	ADV
issue-1193	211	73	,	,	PUNCT
issue-1193	211	74	there	there	PRON
issue-1193	211	75	is	be	VERB
issue-1193	211	76	the	the	DET
issue-1193	211	77	impact	impact	NOUN
issue-1193	211	78	of	of	ADP
issue-1193	211	79	both	both	CCONJ
issue-1193	211	80	the	the	DET
issue-1193	211	81	stock	stock	NOUN
issue-1193	211	82	market	market	NOUN
issue-1193	211	83	and	and	CCONJ
issue-1193	211	84	the	the	DET
issue-1193	211	85	banking	banking	NOUN
issue-1193	211	86	sector	sector	NOUN
issue-1193	211	87	development	development	NOUN
issue-1193	211	88	on	on	ADP
issue-1193	211	89	the	the	DET
issue-1193	211	90	economic	economic	ADJ
issue-1193	211	91	growth	growth	NOUN
issue-1193	211	92	in	in	ADP
issue-1193	211	93	cee	cee	NOUN
issue-1193	211	94	countries	country	NOUN
issue-1193	211	95	during	during	ADP
issue-1193	211	96	1999	1999	NUM
issue-1193	211	97	-	-	SYM
issue-1193	211	98	2015	2015	NUM
issue-1193	211	99	.	.	PUNCT
issue-1193	212	1	however	however	ADV
issue-1193	212	2	,	,	PUNCT
issue-1193	212	3	the	the	DET
issue-1193	212	4	impact	impact	NOUN
issue-1193	212	5	of	of	ADP
issue-1193	212	6	the	the	DET
issue-1193	212	7	stock	stock	NOUN
issue-1193	212	8	market	market	NOUN
issue-1193	212	9	size	size	NOUN
issue-1193	212	10	on	on	ADP
issue-1193	212	11	the	the	DET
issue-1193	212	12	economic	economic	ADJ
issue-1193	212	13	growth	growth	NOUN
issue-1193	212	14	is	be	AUX
issue-1193	212	15	positive	positive	ADJ
issue-1193	212	16	and	and	CCONJ
issue-1193	212	17	the	the	DET
issue-1193	212	18	impact	impact	NOUN
issue-1193	212	19	of	of	ADP
issue-1193	212	20	domestic	domestic	ADJ
issue-1193	212	21	credit	credit	NOUN
issue-1193	212	22	to	to	ADP
issue-1193	212	23	private	private	ADJ
issue-1193	212	24	sector	sector	NOUN
issue-1193	212	25	is	be	AUX
issue-1193	212	26	negative	negative	ADJ
issue-1193	212	27	.	.	PUNCT
issue-1193	213	1	thus	thus	ADV
issue-1193	213	2	,	,	PUNCT
issue-1193	213	3	despite	despite	SCONJ
issue-1193	213	4	the	the	DET
issue-1193	213	5	fact	fact	NOUN
issue-1193	213	6	that	that	SCONJ
issue-1193	213	7	the	the	DET
issue-1193	213	8	stock	stock	NOUN
issue-1193	213	9	markets	market	NOUN
issue-1193	213	10	of	of	ADP
issue-1193	213	11	cee	cee	NOUN
issue-1193	213	12	countries	country	NOUN
issue-1193	213	13	do	do	AUX
issue-1193	213	14	not	not	PART
issue-1193	213	15	belong	belong	VERB
issue-1193	213	16	to	to	ADP
issue-1193	213	17	the	the	DET
issue-1193	213	18	group	group	NOUN
issue-1193	213	19	of	of	ADP
issue-1193	213	20	developed	develop	VERB
issue-1193	213	21	markets	market	NOUN
issue-1193	213	22	according	accord	VERB
issue-1193	213	23	to	to	ADP
issue-1193	213	24	the	the	DET
issue-1193	213	25	msci	msci	PROPN
issue-1193	213	26	classification	classification	NOUN
issue-1193	213	27	,	,	PUNCT
issue-1193	213	28	they	they	PRON
issue-1193	213	29	are	be	AUX
issue-1193	213	30	really	really	ADV
issue-1193	213	31	an	an	DET
issue-1193	213	32	important	important	ADJ
issue-1193	213	33	component	component	NOUN
issue-1193	213	34	of	of	ADP
issue-1193	213	35	economic	economic	ADJ
issue-1193	213	36	growth	growth	NOUN
issue-1193	213	37	in	in	ADP
issue-1193	213	38	the	the	DET
issue-1193	213	39	studied	study	VERB
issue-1193	213	40	countries	country	NOUN
issue-1193	213	41	.	.	PUNCT
issue-1193	214	1	accordingly	accordingly	ADV
issue-1193	214	2	,	,	PUNCT
issue-1193	214	3	the	the	DET
issue-1193	214	4	task	task	NOUN
issue-1193	214	5	of	of	ADP
issue-1193	214	6	cee	cee	NOUN
issue-1193	214	7	countries	country	NOUN
issue-1193	214	8	is	be	AUX
issue-1193	214	9	to	to	PART
issue-1193	214	10	promote	promote	VERB
issue-1193	214	11	the	the	DET
issue-1193	214	12	development	development	NOUN
issue-1193	214	13	of	of	ADP
issue-1193	214	14	stock	stock	NOUN
issue-1193	214	15	markets	market	NOUN
issue-1193	214	16	in	in	ADP
issue-1193	214	17	the	the	DET
issue-1193	214	18	context	context	NOUN
issue-1193	214	19	of	of	ADP
issue-1193	214	20	improving	improve	VERB
issue-1193	214	21	infrastructure	infrastructure	NOUN
issue-1193	214	22	and	and	CCONJ
issue-1193	214	23	market	market	NOUN
issue-1193	214	24	regulation	regulation	NOUN
issue-1193	214	25	,	,	PUNCT
issue-1193	214	26	increasing	increase	VERB
issue-1193	214	27	the	the	DET
issue-1193	214	28	level	level	NOUN
issue-1193	214	29	of	of	ADP
issue-1193	214	30	information	information	NOUN
issue-1193	214	31	availability	availability	NOUN
issue-1193	214	32	,	,	PUNCT
issue-1193	214	33	which	which	PRON
issue-1193	214	34	in	in	ADP
issue-1193	214	35	turn	turn	NOUN
issue-1193	214	36	will	will	AUX
issue-1193	214	37	contribute	contribute	VERB
issue-1193	214	38	to	to	ADP
issue-1193	214	39	the	the	DET
issue-1193	214	40	entry	entry	NOUN
issue-1193	214	41	of	of	ADP
issue-1193	214	42	more	more	ADJ
issue-1193	214	43	investors	investor	NOUN
issue-1193	214	44	,	,	PUNCT
issue-1193	214	45	increase	increase	VERB
issue-1193	214	46	liquidity	liquidity	NOUN
issue-1193	214	47	and	and	CCONJ
issue-1193	214	48	market	market	NOUN
issue-1193	214	49	size	size	NOUN
issue-1193	214	50	and	and	CCONJ
issue-1193	214	51	,	,	PUNCT
issue-1193	214	52	consequently	consequently	ADV
issue-1193	214	53	,	,	PUNCT
issue-1193	214	54	economic	economic	ADJ
issue-1193	214	55	growth	growth	NOUN
issue-1193	214	56	of	of	ADP
issue-1193	214	57	cee	cee	NOUN
issue-1193	214	58	countries	country	NOUN
issue-1193	214	59	.	.	PUNCT
issue-1193	215	1	according	accord	VERB
issue-1193	215	2	to	to	ADP
issue-1193	215	3	the	the	DET
issue-1193	215	4	significant	significant	ADJ
issue-1193	215	5	role	role	NOUN
issue-1193	215	6	of	of	ADP
issue-1193	215	7	financial	financial	ADJ
issue-1193	215	8	markets	market	NOUN
issue-1193	215	9	in	in	ADP
issue-1193	215	10	the	the	DET
issue-1193	215	11	economic	economic	ADJ
issue-1193	215	12	growth	growth	NOUN
issue-1193	215	13	in	in	ADP
issue-1193	215	14	such	such	ADJ
issue-1193	215	15	cee	cee	NOUN
issue-1193	215	16	countries	country	NOUN
issue-1193	215	17	as	as	ADP
issue-1193	215	18	poland	poland	PROPN
issue-1193	215	19	,	,	PUNCT
issue-1193	215	20	hungary	hungary	PROPN
issue-1193	215	21	,	,	PUNCT
issue-1193	215	22	the	the	DET
issue-1193	215	23	czech	czech	PROPN
issue-1193	215	24	republic	republic	NOUN
issue-1193	215	25	,	,	PUNCT
issue-1193	215	26	slovakia	slovakia	PROPN
issue-1193	215	27	,	,	PUNCT
issue-1193	215	28	slovenia	slovenia	PROPN
issue-1193	215	29	,	,	PUNCT
issue-1193	215	30	the	the	DET
issue-1193	215	31	next	next	ADJ
issue-1193	215	32	step	step	NOUN
issue-1193	215	33	in	in	ADP
issue-1193	215	34	our	our	PRON
issue-1193	215	35	scientific	scientific	ADJ
issue-1193	215	36	researches	research	NOUN
issue-1193	215	37	seems	seem	VERB
issue-1193	215	38	to	to	PART
issue-1193	215	39	be	be	AUX
issue-1193	215	40	analyzing	analyze	VERB
issue-1193	215	41	the	the	DET
issue-1193	215	42	role	role	NOUN
issue-1193	215	43	of	of	ADP
issue-1193	215	44	financial	financial	ADJ
issue-1193	215	45	market	market	NOUN
issue-1193	215	46	in	in	ADP
issue-1193	215	47	ukraine	ukraine	NOUN
issue-1193	215	48	and	and	CCONJ
issue-1193	215	49	searching	search	VERB
issue-1193	215	50	the	the	DET
issue-1193	215	51	key	key	ADJ
issue-1193	215	52	factors	factor	NOUN
issue-1193	215	53	of	of	ADP
issue-1193	215	54	financial	financial	ADJ
issue-1193	215	55	market	market	NOUN
issue-1193	215	56	’s	’s	PART
issue-1193	215	57	development	development	NOUN
issue-1193	215	58	in	in	ADP
issue-1193	215	59	central	central	ADJ
issue-1193	215	60	and	and	CCONJ
issue-1193	215	61	eastern	eastern	ADJ
issue-1193	215	62	europe	europe	PROPN
issue-1193	215	63	.	.	PUNCT
issue-1193	216	1	references	reference	NOUN
issue-1193	216	2	:	:	PUNCT
issue-1193	216	3	adam	adam	NOUN
issue-1193	216	4	,	,	PUNCT
issue-1193	216	5	a.	a.	NOUN
issue-1193	216	6	m.	m.	NOUN
issue-1193	216	7	,	,	PUNCT
issue-1193	216	8	&	&	CCONJ
issue-1193	216	9	tweneboah	tweneboah	PROPN
issue-1193	216	10	,	,	PUNCT
issue-1193	216	11	g.	g.	PROPN
issue-1193	216	12	(	(	PUNCT
issue-1193	216	13	2009	2009	NUM
issue-1193	216	14	)	)	PUNCT
issue-1193	216	15	.	.	PUNCT
issue-1193	217	1	foreign	foreign	ADJ
issue-1193	217	2	direct	direct	ADJ
issue-1193	217	3	investment	investment	NOUN
issue-1193	217	4	and	and	CCONJ
issue-1193	217	5	stock	stock	NOUN
issue-1193	217	6	market	market	NOUN
issue-1193	217	7	development	development	NOUN
issue-1193	217	8	:	:	PUNCT
issue-1193	217	9	ghana	ghana	PROPN
issue-1193	217	10	’s	’s	PART
issue-1193	217	11	evidence	evidence	NOUN
issue-1193	217	12	.	.	PUNCT
issue-1193	218	1	international	international	ADJ
issue-1193	218	2	research	research	PROPN
issue-1193	218	3	journal	journal	NOUN
issue-1193	218	4	of	of	ADP
issue-1193	218	5	finance	finance	NOUN
issue-1193	218	6	and	and	CCONJ
issue-1193	218	7	economics	economic	NOUN
issue-1193	218	8	,	,	PUNCT
issue-1193	218	9	vol	vol	NOUN
issue-1193	218	10	.	.	PROPN
issue-1193	218	11	26	26	NUM
issue-1193	218	12	,	,	PUNCT
issue-1193	218	13	pp	pp	ADJ
issue-1193	218	14	.	.	PUNCT
issue-1193	219	1	179–185	179–185	NUM
issue-1193	219	2	.	.	PUNCT
issue-1193	220	1	arčabić	arčabić	PROPN
issue-1193	220	2	,	,	PUNCT
issue-1193	220	3	v.	v.	ADV
issue-1193	220	4	,	,	PUNCT
issue-1193	220	5	globan	globan	NOUN
issue-1193	220	6	,	,	PUNCT
issue-1193	220	7	t.	t.	PROPN
issue-1193	220	8	,	,	PUNCT
issue-1193	220	9	&	&	CCONJ
issue-1193	220	10	raguž	raguž	PROPN
issue-1193	220	11	,	,	PUNCT
issue-1193	220	12	i.	i.	PROPN
issue-1193	220	13	(	(	PUNCT
issue-1193	220	14	2013	2013	NUM
issue-1193	220	15	)	)	PUNCT
issue-1193	220	16	.	.	PUNCT
issue-1193	221	1	the	the	DET
issue-1193	221	2	relationship	relationship	NOUN
issue-1193	221	3	between	between	ADP
issue-1193	221	4	the	the	DET
issue-1193	221	5	stock	stock	NOUN
issue-1193	221	6	market	market	NOUN
issue-1193	221	7	and	and	CCONJ
issue-1193	221	8	foreign	foreign	ADJ
issue-1193	221	9	direct	direct	ADJ
issue-1193	221	10	investment	investment	NOUN
issue-1193	221	11	in	in	ADP
issue-1193	221	12	croatia	croatia	PROPN
issue-1193	221	13	:	:	PUNCT
issue-1193	221	14	evidence	evidence	NOUN
issue-1193	221	15	from	from	ADP
issue-1193	221	16	var	var	NOUN
issue-1193	221	17	and	and	CCONJ
issue-1193	221	18	cointegration	cointegration	NOUN
issue-1193	221	19	analysis	analysis	NOUN
issue-1193	221	20	.	.	PUNCT
issue-1193	222	1	financial	financial	ADJ
issue-1193	222	2	theory	theory	NOUN
issue-1193	222	3	and	and	CCONJ
issue-1193	222	4	practice	practice	NOUN
issue-1193	222	5	,	,	PUNCT
issue-1193	222	6	vol	vol	NOUN
issue-1193	222	7	.	.	PROPN
issue-1193	223	1	37	37	NUM
issue-1193	223	2	,	,	PUNCT
issue-1193	223	3	no	no	INTJ
issue-1193	223	4	.	.	NOUN
issue-1193	223	5	1	1	NUM
issue-1193	223	6	,	,	PUNCT
issue-1193	223	7	pp	pp	ADJ
issue-1193	223	8	.	.	PUNCT
issue-1193	224	1	109–126	109–126	NUM
issue-1193	224	2	.	.	PUNCT
issue-1193	225	1	atje	atje	PROPN
issue-1193	225	2	,	,	PUNCT
issue-1193	225	3	r.	r.	PROPN
issue-1193	225	4	,	,	PUNCT
issue-1193	225	5	&	&	CCONJ
issue-1193	225	6	jovanovic	jovanovic	PROPN
issue-1193	225	7	,	,	PUNCT
issue-1193	225	8	b.	b.	PROPN
issue-1193	225	9	(	(	PUNCT
issue-1193	225	10	1993	1993	NUM
issue-1193	225	11	)	)	PUNCT
issue-1193	225	12	.	.	PUNCT
issue-1193	226	1	stock	stock	NOUN
issue-1193	226	2	markets	market	NOUN
issue-1193	226	3	and	and	CCONJ
issue-1193	226	4	development	development	NOUN
issue-1193	226	5	.	.	PUNCT
issue-1193	227	1	european	european	PROPN
issue-1193	227	2	economic	economic	PROPN
issue-1193	227	3	review	review	PROPN
issue-1193	227	4	,	,	PUNCT
issue-1193	227	5	vol	vol	NOUN
issue-1193	227	6	.	.	PROPN
issue-1193	228	1	37	37	NUM
issue-1193	228	2	,	,	PUNCT
issue-1193	228	3	no	no	INTJ
issue-1193	228	4	.	.	PUNCT
issue-1193	229	1	2/3	2/3	NUM
issue-1193	229	2	,	,	PUNCT
issue-1193	229	3	pp	pp	ADJ
issue-1193	229	4	.	.	PUNCT
issue-1193	230	1	632–640	632–640	NUM
issue-1193	230	2	.	.	PUNCT
issue-1193	231	1	azam	azam	PROPN
issue-1193	231	2	,	,	PUNCT
issue-1193	231	3	m.	m.	NOUN
issue-1193	231	4	,	,	PUNCT
issue-1193	231	5	haseeb	haseeb	PROPN
issue-1193	231	6	,	,	PUNCT
issue-1193	231	7	m.	m.	NOUN
issue-1193	231	8	,	,	PUNCT
issue-1193	231	9	samsi	samsi	VERB
issue-1193	231	10	,	,	PUNCT
issue-1193	231	11	a.	a.	PROPN
issue-1193	231	12	b.	b.	PROPN
issue-1193	231	13	,	,	PUNCT
issue-1193	231	14	&	&	CCONJ
issue-1193	231	15	raji	raji	PROPN
issue-1193	231	16	,	,	PUNCT
issue-1193	231	17	j.	j.	PROPN
issue-1193	231	18	o.	o.	PROPN
issue-1193	231	19	(	(	PUNCT
issue-1193	231	20	2016	2016	NUM
issue-1193	231	21	)	)	PUNCT
issue-1193	231	22	.	.	PUNCT
issue-1193	232	1	stock	stock	NOUN
issue-1193	232	2	market	market	NOUN
issue-1193	232	3	development	development	NOUN
issue-1193	232	4	and	and	CCONJ
issue-1193	232	5	economic	economic	ADJ
issue-1193	232	6	growth	growth	NOUN
issue-1193	232	7	:	:	PUNCT
issue-1193	232	8	evidences	evidence	NOUN
issue-1193	232	9	from	from	ADP
issue-1193	232	10	asia-4	asia-4	NUM
issue-1193	232	11	countries	country	NOUN
issue-1193	232	12	.	.	PUNCT
issue-1193	233	1	international	international	ADJ
issue-1193	233	2	journal	journal	PROPN
issue-1193	233	3	of	of	ADP
issue-1193	233	4	economics	economic	NOUN
issue-1193	233	5	and	and	CCONJ
issue-1193	233	6	financial	financial	ADJ
issue-1193	233	7	issues	issue	NOUN
issue-1193	233	8	,	,	PUNCT
issue-1193	233	9	vol	vol	NOUN
issue-1193	233	10	.	.	PROPN
issue-1193	233	11	6	6	NUM
issue-1193	233	12	,	,	PUNCT
issue-1193	233	13	no	no	INTJ
issue-1193	233	14	.	.	NOUN
issue-1193	233	15	3	3	NUM
issue-1193	233	16	,	,	PUNCT
issue-1193	233	17	pp	pp	ADJ
issue-1193	233	18	.	.	PUNCT
issue-1193	234	1	1200–1208	1200–1208	NUM
issue-1193	234	2	.	.	PUNCT
issue-1193	235	1	bayar	bayar	PROPN
issue-1193	235	2	,	,	PUNCT
issue-1193	235	3	y.	y.	PROPN
issue-1193	235	4	,	,	PUNCT
issue-1193	235	5	kaya	kaya	PROPN
issue-1193	235	6	,	,	PUNCT
issue-1193	235	7	a.	a.	PROPN
issue-1193	235	8	&	&	CCONJ
issue-1193	235	9	yildirim	yildirim	PROPN
issue-1193	235	10	,	,	PUNCT
issue-1193	235	11	m.	m.	NOUN
issue-1193	235	12	(	(	PUNCT
issue-1193	235	13	2014	2014	NUM
issue-1193	235	14	)	)	PUNCT
issue-1193	235	15	.	.	PUNCT
issue-1193	236	1	effects	effect	NOUN
issue-1193	236	2	of	of	ADP
issue-1193	236	3	stock	stock	NOUN
issue-1193	236	4	market	market	NOUN
issue-1193	236	5	development	development	NOUN
issue-1193	236	6	on	on	ADP
issue-1193	236	7	economic	economic	ADJ
issue-1193	236	8	growth	growth	NOUN
issue-1193	236	9	:	:	PUNCT
issue-1193	236	10	evidence	evidence	NOUN
issue-1193	236	11	from	from	ADP
issue-1193	236	12	turkey	turkey	PROPN
issue-1193	236	13	.	.	PUNCT
issue-1193	237	1	international	international	ADJ
issue-1193	237	2	journal	journal	PROPN
issue-1193	237	3	of	of	ADP
issue-1193	237	4	financial	financial	ADJ
issue-1193	237	5	research	research	NOUN
issue-1193	237	6	,	,	PUNCT
issue-1193	237	7	vol	vol	NOUN
issue-1193	237	8	.	.	PROPN
issue-1193	237	9	5	5	NUM
issue-1193	237	10	,	,	PUNCT
issue-1193	237	11	no	no	INTJ
issue-1193	237	12	.	.	NOUN
issue-1193	237	13	1	1	NUM
issue-1193	237	14	,	,	PUNCT
issue-1193	237	15	pp	pp	ADJ
issue-1193	237	16	.	.	PUNCT
issue-1193	238	1	93–100	93–100	X
issue-1193	238	2	.	.	PUNCT
issue-1193	238	3	boubakari	boubakari	PROPN
issue-1193	238	4	,	,	PUNCT
issue-1193	238	5	a.	a.	PROPN
issue-1193	238	6	,	,	PUNCT
issue-1193	238	7	&	&	CCONJ
issue-1193	238	8	jin	jin	PROPN
issue-1193	238	9	,	,	PUNCT
issue-1193	238	10	d.	d.	PROPN
issue-1193	238	11	(	(	PUNCT
issue-1193	238	12	2010	2010	NUM
issue-1193	238	13	)	)	PUNCT
issue-1193	238	14	.	.	PUNCT
issue-1193	239	1	the	the	DET
issue-1193	239	2	role	role	NOUN
issue-1193	239	3	of	of	ADP
issue-1193	239	4	stock	stock	NOUN
issue-1193	239	5	market	market	NOUN
issue-1193	239	6	development	development	NOUN
issue-1193	239	7	in	in	ADP
issue-1193	239	8	economic	economic	ADJ
issue-1193	239	9	growth	growth	NOUN
issue-1193	239	10	:	:	PUNCT
issue-1193	239	11	evidence	evidence	NOUN
issue-1193	239	12	from	from	ADP
issue-1193	239	13	some	some	DET
issue-1193	239	14	euronext	euronext	NOUN
issue-1193	239	15	countries	country	NOUN
issue-1193	239	16	.	.	PUNCT
issue-1193	240	1	international	international	ADJ
issue-1193	240	2	journal	journal	PROPN
issue-1193	240	3	of	of	ADP
issue-1193	240	4	financial	financial	ADJ
issue-1193	240	5	research	research	NOUN
issue-1193	240	6	,	,	PUNCT
issue-1193	240	7	vol	vol	NOUN
issue-1193	240	8	.	.	PROPN
issue-1193	240	9	1	1	NUM
issue-1193	240	10	,	,	PUNCT
issue-1193	240	11	no	no	INTJ
issue-1193	240	12	.	.	NOUN
issue-1193	240	13	1	1	NUM
issue-1193	240	14	,	,	PUNCT
issue-1193	240	15	pp	pp	ADJ
issue-1193	240	16	.	.	PUNCT
issue-1193	241	1	14–20	14–20	NUM
issue-1193	241	2	.	.	PUNCT
issue-1193	241	3	boyd	boyd	PROPN
issue-1193	241	4	,	,	PUNCT
issue-1193	241	5	j.	j.	PROPN
issue-1193	241	6	&	&	CCONJ
issue-1193	241	7	smith	smith	PROPN
issue-1193	241	8	,	,	PUNCT
issue-1193	241	9	b.	b.	PROPN
issue-1193	241	10	(	(	PUNCT
issue-1193	241	11	1996	1996	NUM
issue-1193	241	12	)	)	PUNCT
issue-1193	241	13	.	.	PUNCT
issue-1193	242	1	the	the	DET
issue-1193	242	2	coevolution	coevolution	NOUN
issue-1193	242	3	of	of	ADP
issue-1193	242	4	the	the	DET
issue-1193	242	5	real	real	ADJ
issue-1193	242	6	and	and	CCONJ
issue-1193	242	7	financial	financial	ADJ
issue-1193	242	8	sectors	sector	NOUN
issue-1193	242	9	in	in	ADP
issue-1193	242	10	the	the	DET
issue-1193	242	11	growth	growth	NOUN
issue-1193	242	12	process	process	NOUN
issue-1193	242	13	.	.	PUNCT
issue-1193	243	1	the	the	DET
issue-1193	243	2	world	world	PROPN
issue-1193	243	3	bank	bank	PROPN
issue-1193	243	4	economic	economic	PROPN
issue-1193	243	5	review	review	PROPN
issue-1193	243	6	,	,	PUNCT
issue-1193	243	7	vol	vol	NOUN
issue-1193	243	8	.	.	PROPN
issue-1193	243	9	10	10	NUM
issue-1193	243	10	,	,	PUNCT
issue-1193	243	11	no	no	INTJ
issue-1193	243	12	.	.	NOUN
issue-1193	243	13	2	2	NUM
issue-1193	243	14	,	,	PUNCT
issue-1193	243	15	pp	pp	ADJ
issue-1193	243	16	.	.	PUNCT
issue-1193	244	1	371–396	371–396	NUM
issue-1193	244	2	.	.	PUNCT
issue-1193	245	1	chousa	chousa	PROPN
issue-1193	245	2	,	,	PUNCT
issue-1193	245	3	j.	j.	PROPN
issue-1193	245	4	p.	p.	PROPN
issue-1193	245	5	,	,	PUNCT
issue-1193	245	6	vadlamannati	vadlamannati	PROPN
issue-1193	245	7	,	,	PUNCT
issue-1193	245	8	k.	k.	PROPN
issue-1193	245	9	c.	c.	PROPN
issue-1193	245	10	,	,	PUNCT
issue-1193	245	11	&	&	CCONJ
issue-1193	245	12	tamazian	tamazian	NOUN
issue-1193	245	13	,	,	PUNCT
issue-1193	245	14	a.	a.	NOUN
issue-1193	245	15	(	(	PUNCT
issue-1193	245	16	2008	2008	NUM
issue-1193	245	17	)	)	PUNCT
issue-1193	245	18	.	.	PUNCT
issue-1193	246	1	does	do	AUX
issue-1193	246	2	growth	growth	NOUN
issue-1193	246	3	&	&	CCONJ
issue-1193	246	4	quality	quality	NOUN
issue-1193	246	5	of	of	ADP
issue-1193	246	6	capital	capital	NOUN
issue-1193	246	7	markets	market	NOUN
issue-1193	246	8	drive	drive	VERB
issue-1193	246	9	foreign	foreign	ADJ
issue-1193	246	10	capital	capital	NOUN
issue-1193	246	11	?	?	PUNCT
issue-1193	247	1	the	the	DET
issue-1193	247	2	case	case	NOUN
issue-1193	247	3	of	of	ADP
issue-1193	247	4	cross	cross	ADJ
issue-1193	247	5	-	-	ADJ
issue-1193	247	6	border	border	ADJ
issue-1193	247	7	mergers	merger	NOUN
issue-1193	247	8	&	&	CCONJ
issue-1193	247	9	acquisitions	acquisition	NOUN
issue-1193	247	10	from	from	ADP
issue-1193	247	11	leading	lead	VERB
issue-1193	247	12	emerging	emerge	VERB
issue-1193	247	13	economies	economy	NOUN
issue-1193	247	14	.	.	PUNCT
issue-1193	248	1	william	william	PROPN
issue-1193	248	2	davidson	davidson	PROPN
issue-1193	248	3	institute	institute	PROPN
issue-1193	248	4	working	working	PROPN
issue-1193	248	5	paper	paper	PROPN
issue-1193	248	6	,	,	PUNCT
issue-1193	248	7	no	no	INTJ
issue-1193	248	8	.	.	NOUN
issue-1193	249	1	911	911	NUM
issue-1193	249	2	.	.	PUNCT
issue-1193	250	1	demirguc	demirguc	PROPN
issue-1193	250	2	-	-	PUNCT
issue-1193	250	3	kunt	kunt	PROPN
issue-1193	250	4	,	,	PUNCT
issue-1193	250	5	a.	a.	PROPN
issue-1193	250	6	&	&	CCONJ
issue-1193	250	7	levine	levine	PROPN
issue-1193	250	8	,	,	PUNCT
issue-1193	250	9	r.	r.	PROPN
issue-1193	250	10	(	(	PUNCT
issue-1193	250	11	1996	1996	NUM
issue-1193	250	12	)	)	PUNCT
issue-1193	250	13	.	.	PUNCT
issue-1193	251	1	stock	stock	NOUN
issue-1193	251	2	market	market	NOUN
issue-1193	251	3	development	development	NOUN
issue-1193	251	4	and	and	CCONJ
issue-1193	251	5	financial	financial	ADJ
issue-1193	251	6	intermediaries	intermediary	NOUN
issue-1193	251	7	:	:	PUNCT
issue-1193	251	8	stylized	stylize	VERB
issue-1193	251	9	facts	fact	NOUN
issue-1193	251	10	.	.	PUNCT
issue-1193	252	1	the	the	DET
issue-1193	252	2	world	world	PROPN
issue-1193	252	3	bank	bank	PROPN
issue-1193	252	4	economic	economic	PROPN
issue-1193	252	5	review	review	PROPN
issue-1193	252	6	,	,	PUNCT
issue-1193	252	7	vol	vol	NOUN
issue-1193	252	8	.	.	PROPN
issue-1193	252	9	10	10	NUM
issue-1193	252	10	,	,	PUNCT
issue-1193	252	11	no	no	INTJ
issue-1193	252	12	.	.	NOUN
issue-1193	252	13	2	2	NUM
issue-1193	252	14	,	,	PUNCT
issue-1193	252	15	pp	pp	ADJ
issue-1193	252	16	.	.	PUNCT
issue-1193	253	1	291–321	291–321	NUM
issue-1193	253	2	.	.	PUNCT
issue-1193	254	1	errunza	errunza	ADJ
issue-1193	254	2	,	,	PUNCT
issue-1193	254	3	v.	v.	PROPN
issue-1193	254	4	r.	r.	PROPN
issue-1193	254	5	(	(	PUNCT
issue-1193	254	6	1983	1983	NUM
issue-1193	254	7	)	)	PUNCT
issue-1193	254	8	.	.	PUNCT
issue-1193	255	1	emerging	emerge	VERB
issue-1193	255	2	markets	market	NOUN
issue-1193	255	3	–	–	PUNCT
issue-1193	255	4	a	a	DET
issue-1193	255	5	new	new	ADJ
issue-1193	255	6	opportunity	opportunity	NOUN
issue-1193	255	7	for	for	ADP
issue-1193	255	8	improving	improve	VERB
issue-1193	255	9	global	global	ADJ
issue-1193	255	10	portfolio	portfolio	NOUN
issue-1193	255	11	performance	performance	NOUN
issue-1193	255	12	.	.	PUNCT
issue-1193	256	1	financial	financial	ADJ
issue-1193	256	2	analysts	analyst	NOUN
issue-1193	256	3	journal	journal	NOUN
issue-1193	256	4	,	,	PUNCT
issue-1193	256	5	vol	vol	NOUN
issue-1193	256	6	.	.	PROPN
issue-1193	256	7	39	39	NUM
issue-1193	256	8	,	,	PUNCT
issue-1193	256	9	no	no	INTJ
issue-1193	256	10	.	.	NOUN
issue-1193	256	11	5	5	NUM
issue-1193	256	12	,	,	PUNCT
issue-1193	256	13	pp	pp	ADJ
issue-1193	256	14	.	.	PUNCT
issue-1193	257	1	51–58	51–58	NUM
issue-1193	257	2	.	.	PUNCT
issue-1193	258	1	faisal	faisal	PROPN
issue-1193	258	2	,	,	PUNCT
issue-1193	258	3	f.	f.	PROPN
issue-1193	258	4	,	,	PUNCT
issue-1193	258	5	muhamad	muhamad	PROPN
issue-1193	258	6	,	,	PUNCT
issue-1193	258	7	p.	p.	NOUN
issue-1193	258	8	m.	m.	NOUN
issue-1193	258	9	,	,	PUNCT
issue-1193	258	10	&	&	CCONJ
issue-1193	258	11	tursoy	tursoy	NOUN
issue-1193	258	12	,	,	PUNCT
issue-1193	258	13	t.	t.	PROPN
issue-1193	258	14	(	(	PUNCT
issue-1193	258	15	2016	2016	NUM
issue-1193	258	16	)	)	PUNCT
issue-1193	258	17	.	.	PUNCT
issue-1193	259	1	impact	impact	NOUN
issue-1193	259	2	of	of	ADP
issue-1193	259	3	economic	economic	ADJ
issue-1193	259	4	growth	growth	NOUN
issue-1193	259	5	,	,	PUNCT
issue-1193	259	6	foreign	foreign	ADJ
issue-1193	259	7	direct	direct	ADJ
issue-1193	259	8	investment	investment	NOUN
issue-1193	259	9	and	and	CCONJ
issue-1193	259	10	financial	financial	ADJ
issue-1193	259	11	development	development	NOUN
issue-1193	259	12	on	on	ADP
issue-1193	259	13	stock	stock	NOUN
issue-1193	259	14	prices	price	NOUN
issue-1193	259	15	in	in	ADP
issue-1193	259	16	china	china	PROPN
issue-1193	259	17	:	:	PUNCT
issue-1193	259	18	empirical	empirical	ADJ
issue-1193	259	19	evidence	evidence	NOUN
issue-1193	259	20	from	from	ADP
issue-1193	259	21	time	time	NOUN
issue-1193	259	22	series	series	PROPN
issue-1193	259	23	analysis	analysis	NOUN
issue-1193	259	24	.	.	PUNCT
issue-1193	260	1	international	international	ADJ
issue-1193	260	2	journal	journal	PROPN
issue-1193	260	3	of	of	ADP
issue-1193	260	4	economics	economic	NOUN
issue-1193	260	5	and	and	CCONJ
issue-1193	260	6	financial	financial	ADJ
issue-1193	260	7	issues	issue	NOUN
issue-1193	260	8	,	,	PUNCT
issue-1193	260	9	vol	vol	NOUN
issue-1193	260	10	.	.	PROPN
issue-1193	260	11	6	6	NUM
issue-1193	260	12	,	,	PUNCT
issue-1193	260	13	no	no	INTJ
issue-1193	260	14	.	.	NOUN
issue-1193	260	15	4	4	NUM
issue-1193	260	16	,	,	PUNCT
issue-1193	260	17	pp	pp	ADJ
issue-1193	260	18	.	.	PUNCT
issue-1193	260	19	1998–2006	1998–2006	NUM
issue-1193	260	20	.	.	PUNCT
issue-1193	261	1	garcia	garcia	PROPN
issue-1193	261	2	,	,	PUNCT
issue-1193	261	3	v.	v.	PROPN
issue-1193	261	4	f.	f.	PROPN
issue-1193	261	5	,	,	PUNCT
issue-1193	261	6	&	&	CCONJ
issue-1193	261	7	liu	liu	PROPN
issue-1193	261	8	,	,	PUNCT
issue-1193	261	9	l.	l.	PROPN
issue-1193	261	10	(	(	PUNCT
issue-1193	261	11	1999	1999	NUM
issue-1193	261	12	)	)	PUNCT
issue-1193	261	13	.	.	PUNCT
issue-1193	262	1	macroeconomic	macroeconomic	ADJ
issue-1193	262	2	determinants	determinant	NOUN
issue-1193	262	3	of	of	ADP
issue-1193	262	4	stock	stock	NOUN
issue-1193	262	5	market	market	NOUN
issue-1193	262	6	development	development	NOUN
issue-1193	262	7	.	.	PUNCT
issue-1193	263	1	journal	journal	PROPN
issue-1193	263	2	of	of	ADP
issue-1193	263	3	applied	apply	VERB
issue-1193	263	4	economics	economic	NOUN
issue-1193	263	5	,	,	PUNCT
issue-1193	263	6	vol	vol	NOUN
issue-1193	263	7	.	.	PROPN
issue-1193	263	8	2	2	NUM
issue-1193	263	9	,	,	PUNCT
issue-1193	263	10	no	no	INTJ
issue-1193	263	11	.	.	NOUN
issue-1193	263	12	1	1	NUM
issue-1193	263	13	,	,	PUNCT
issue-1193	263	14	pp	pp	ADJ
issue-1193	263	15	.	.	PUNCT
issue-1193	264	1	29–59	29–59	NUM
issue-1193	264	2	.	.	PUNCT
issue-1193	265	1	goldsmith	goldsmith	PROPN
issue-1193	265	2	,	,	PUNCT
issue-1193	265	3	r.w	r.w	PROPN
issue-1193	265	4	.	.	PROPN
issue-1193	265	5	(	(	PUNCT
issue-1193	265	6	1969	1969	NUM
issue-1193	265	7	)	)	PUNCT
issue-1193	265	8	.	.	PUNCT
issue-1193	266	1	financial	financial	ADJ
issue-1193	266	2	structure	structure	NOUN
issue-1193	266	3	and	and	CCONJ
issue-1193	266	4	development	development	NOUN
issue-1193	266	5	.	.	PUNCT
issue-1193	267	1	yale	yale	PROPN
issue-1193	267	2	university	university	PROPN
issue-1193	267	3	press	press	NOUN
issue-1193	267	4	,	,	PUNCT
issue-1193	267	5	new	new	ADJ
issue-1193	267	6	haven	haven	NOUN
issue-1193	267	7	,	,	PUNCT
issue-1193	267	8	ct	ct	PROPN
issue-1193	267	9	.	.	PUNCT
issue-1193	267	10	gurley	gurley	PROPN
issue-1193	267	11	,	,	PUNCT
issue-1193	267	12	j.	j.	PROPN
issue-1193	267	13	g.	g.	PROPN
issue-1193	267	14	,	,	PUNCT
issue-1193	267	15	&	&	CCONJ
issue-1193	267	16	shaw	shaw	PROPN
issue-1193	267	17	,	,	PUNCT
issue-1193	267	18	e.	e.	PROPN
issue-1193	267	19	s.	s.	PROPN
issue-1193	267	20	(	(	PUNCT
issue-1193	267	21	1955	1955	NUM
issue-1193	267	22	)	)	PUNCT
issue-1193	267	23	.	.	PUNCT
issue-1193	268	1	financial	financial	ADJ
issue-1193	268	2	aspects	aspect	NOUN
issue-1193	268	3	of	of	ADP
issue-1193	268	4	economic	economic	ADJ
issue-1193	268	5	development	development	NOUN
issue-1193	268	6	.	.	PUNCT
issue-1193	269	1	american	american	PROPN
issue-1193	269	2	economic	economic	PROPN
issue-1193	269	3	review	review	PROPN
issue-1193	269	4	,	,	PUNCT
issue-1193	269	5	vol	vol	NOUN
issue-1193	269	6	.	.	PROPN
issue-1193	270	1	45	45	NUM
issue-1193	270	2	,	,	PUNCT
issue-1193	270	3	pp	pp	ADJ
issue-1193	270	4	.	.	PUNCT
issue-1193	271	1	515–538	515–538	NUM
issue-1193	271	2	.	.	X
issue-1193	271	3	gurley	gurley	PROPN
issue-1193	271	4	,	,	PUNCT
issue-1193	271	5	j.	j.	PROPN
issue-1193	271	6	g.	g.	PROPN
issue-1193	271	7	,	,	PUNCT
issue-1193	271	8	&	&	CCONJ
issue-1193	271	9	shaw	shaw	PROPN
issue-1193	271	10	,	,	PUNCT
issue-1193	271	11	e.	e.	PROPN
issue-1193	271	12	s.	s.	PROPN
issue-1193	271	13	(	(	PUNCT
issue-1193	271	14	1960	1960	NUM
issue-1193	271	15	)	)	PUNCT
issue-1193	271	16	.	.	PUNCT
issue-1193	272	1	money	money	NOUN
issue-1193	272	2	in	in	ADP
issue-1193	272	3	a	a	DET
issue-1193	272	4	theory	theory	NOUN
issue-1193	272	5	of	of	ADP
issue-1193	272	6	finance	finance	NOUN
issue-1193	272	7	.	.	PUNCT
issue-1193	273	1	washington	washington	PROPN
issue-1193	273	2	,	,	PUNCT
issue-1193	273	3	d.c	d.c	PROPN
issue-1193	273	4	:	:	PUNCT
issue-1193	273	5	brookings	brookings	PROPN
issue-1193	273	6	institution	institution	NOUN
issue-1193	273	7	.	.	PUNCT
issue-1193	274	1	ifo	ifo	PROPN
issue-1193	274	2	institute	institute	PROPN
issue-1193	274	3	(	(	PUNCT
issue-1193	274	4	2013	2013	NUM
issue-1193	274	5	)	)	PUNCT
issue-1193	274	6	.	.	PUNCT
issue-1193	275	1	dice	dice	PROPN
issue-1193	275	2	database	database	NOUN
issue-1193	275	3	«	«	PUNCT
issue-1193	275	4	external	external	ADJ
issue-1193	275	5	wealth	wealth	NOUN
issue-1193	275	6	of	of	ADP
issue-1193	275	7	nations	nation	NOUN
issue-1193	275	8	,	,	PUNCT
issue-1193	275	9	1970–2011	1970–2011	NUM
issue-1193	275	10	»	»	NOUN
issue-1193	275	11	.	.	PUNCT
issue-1193	276	1	munich	munich	PROPN
issue-1193	276	2	.	.	PUNCT
issue-1193	276	3	available	available	ADJ
issue-1193	276	4	at	at	ADP
issue-1193	276	5	:	:	PUNCT
issue-1193	276	6	http://www.cesifogroup.de/dice	http://www.cesifogroup.de/dice	PROPN
issue-1193	276	7	/fb/3ytpw3tck	/fb/3ytpw3tck	PUNCT
issue-1193	276	8	.	.	PUNCT
issue-1193	277	1	ishioro	ishioro	PROPN
issue-1193	277	2	,	,	PUNCT
issue-1193	277	3	b.	b.	PROPN
issue-1193	277	4	(	(	PUNCT
issue-1193	277	5	2013	2013	NUM
issue-1193	277	6	)	)	PUNCT
issue-1193	277	7	.	.	PUNCT
issue-1193	278	1	stock	stock	NOUN
issue-1193	278	2	market	market	NOUN
issue-1193	278	3	development	development	NOUN
issue-1193	278	4	and	and	CCONJ
issue-1193	278	5	economic	economic	ADJ
issue-1193	278	6	growth	growth	NOUN
issue-1193	278	7	:	:	PUNCT
issue-1193	278	8	evidence	evidence	NOUN
issue-1193	278	9	from	from	ADP
issue-1193	278	10	zimbabwe	zimbabwe	PROPN
issue-1193	278	11	.	.	PUNCT
issue-1193	279	1	ekon	ekon	PROPN
issue-1193	279	2	.	.	PUNCT
issue-1193	280	1	misao	misao	PROPN
issue-1193	280	2	praksa	praksa	PROPN
issue-1193	280	3	dbk	dbk	PROPN
issue-1193	280	4	.	.	PUNCT
issue-1193	281	1	god	god	PROPN
issue-1193	281	2	xxii	xxii	PROPN
issue-1193	281	3	,	,	PUNCT
issue-1193	281	4	vol	vol	NOUN
issue-1193	281	5	.	.	PROPN
issue-1193	281	6	2	2	NUM
issue-1193	281	7	,	,	PUNCT
issue-1193	281	8	pp	pp	ADJ
issue-1193	281	9	.	.	PUNCT
issue-1193	282	1	343–360	343–360	NUM
issue-1193	282	2	.	.	PUNCT
issue-1193	283	1	king	king	PROPN
issue-1193	283	2	,	,	PUNCT
issue-1193	283	3	r.g	r.g	PROPN
issue-1193	283	4	.	.	PROPN
issue-1193	283	5	,	,	PUNCT
issue-1193	283	6	levine	levine	PROPN
issue-1193	283	7	,	,	PUNCT
issue-1193	283	8	r.	r.	PROPN
issue-1193	283	9	(	(	PUNCT
issue-1193	283	10	1993	1993	NUM
issue-1193	283	11	)	)	PUNCT
issue-1193	283	12	.	.	PUNCT
issue-1193	284	1	finance	finance	NOUN
issue-1193	284	2	,	,	PUNCT
issue-1193	284	3	entrepreneurship	entrepreneurship	NOUN
issue-1193	284	4	and	and	CCONJ
issue-1193	284	5	growth	growth	NOUN
issue-1193	284	6	:	:	PUNCT
issue-1193	284	7	theory	theory	NOUN
issue-1193	284	8	and	and	CCONJ
issue-1193	284	9	evidence	evidence	NOUN
issue-1193	284	10	.	.	PUNCT
issue-1193	285	1	journal	journal	NOUN
issue-1193	285	2	of	of	ADP
issue-1193	285	3	monetary	monetary	ADJ
issue-1193	285	4	economics	economic	NOUN
issue-1193	285	5	,	,	PUNCT
issue-1193	285	6	vol	vol	NOUN
issue-1193	285	7	.	.	PROPN
issue-1193	285	8	32	32	NUM
issue-1193	285	9	,	,	PUNCT
issue-1193	285	10	pp	pp	ADJ
issue-1193	285	11	.	.	PUNCT
issue-1193	286	1	513–542	513–542	NUM
issue-1193	286	2	.	.	PUNCT
issue-1193	287	1	levine	levine	PROPN
issue-1193	287	2	r.	r.	PROPN
issue-1193	287	3	(	(	PUNCT
issue-1193	287	4	1996	1996	NUM
issue-1193	287	5	,	,	PUNCT
issue-1193	287	6	march	march	PROPN
issue-1193	287	7	)	)	PUNCT
issue-1193	287	8	.	.	PUNCT
issue-1193	288	1	stock	stock	NOUN
issue-1193	288	2	markets	market	NOUN
issue-1193	288	3	:	:	PUNCT
issue-1193	288	4	a	a	DET
issue-1193	288	5	spur	spur	NOUN
issue-1193	288	6	to	to	ADP
issue-1193	288	7	economic	economic	ADJ
issue-1193	288	8	growth	growth	NOUN
issue-1193	288	9	.	.	PUNCT
issue-1193	289	1	finance	finance	NOUN
issue-1193	289	2	and	and	CCONJ
issue-1193	289	3	development	development	NOUN
issue-1193	289	4	,	,	PUNCT
issue-1193	289	5	vol	vol	NOUN
issue-1193	289	6	.	.	PROPN
issue-1193	289	7	33	33	NUM
issue-1193	289	8	,	,	PUNCT
issue-1193	289	9	no	no	INTJ
issue-1193	289	10	.	.	NOUN
issue-1193	289	11	1	1	NUM
issue-1193	289	12	,	,	PUNCT
issue-1193	289	13	pp	pp	ADJ
issue-1193	289	14	.	.	PUNCT
issue-1193	290	1	7–10	7–10	NOUN
issue-1193	290	2	.	.	PUNCT
issue-1193	291	1	baltic	baltic	PROPN
issue-1193	291	2	journal	journal	PROPN
issue-1193	291	3	of	of	ADP
issue-1193	291	4	economic	economic	ADJ
issue-1193	291	5	studies	study	NOUN
issue-1193	291	6	126	126	NUM
issue-1193	291	7	vol	vol	NOUN
issue-1193	291	8	.	.	PROPN
issue-1193	292	1	7	7	NUM
issue-1193	292	2	no	no	NOUN
issue-1193	292	3	.	.	NOUN
issue-1193	293	1	3	3	NUM
issue-1193	293	2	,	,	PUNCT
issue-1193	293	3	2021	2021	NUM
issue-1193	293	4	levine	levine	PROPN
issue-1193	293	5	,	,	PUNCT
issue-1193	293	6	r.	r.	PROPN
issue-1193	293	7	,	,	PUNCT
issue-1193	293	8	&	&	CCONJ
issue-1193	293	9	zervos	zervos	PROPN
issue-1193	293	10	,	,	PUNCT
issue-1193	293	11	s.	s.	PROPN
issue-1193	293	12	(	(	PUNCT
issue-1193	293	13	1996	1996	NUM
issue-1193	293	14	)	)	PUNCT
issue-1193	293	15	.	.	PUNCT
issue-1193	294	1	stock	stock	NOUN
issue-1193	294	2	market	market	NOUN
issue-1193	294	3	development	development	NOUN
issue-1193	294	4	and	and	CCONJ
issue-1193	294	5	long	long	ADV
issue-1193	294	6	-	-	PUNCT
issue-1193	294	7	run	run	VERB
issue-1193	294	8	growth	growth	NOUN
issue-1193	294	9	.	.	PUNCT
issue-1193	295	1	the	the	DET
issue-1193	295	2	world	world	PROPN
issue-1193	295	3	bank	bank	PROPN
issue-1193	295	4	policy	policy	NOUN
issue-1193	295	5	research	research	NOUN
issue-1193	295	6	working	working	NOUN
issue-1193	295	7	paper	paper	NOUN
issue-1193	295	8	,	,	PUNCT
issue-1193	295	9	no	no	INTJ
issue-1193	295	10	.	.	NOUN
issue-1193	295	11	1582	1582	NUM
issue-1193	295	12	,	,	PUNCT
issue-1193	295	13	pp	pp	ADJ
issue-1193	295	14	.	.	PUNCT
issue-1193	295	15	1–32	1–32	PROPN
issue-1193	295	16	.	.	PUNCT
issue-1193	296	1	levine	levine	PROPN
issue-1193	296	2	,	,	PUNCT
issue-1193	296	3	r.	r.	PROPN
issue-1193	296	4	,	,	PUNCT
issue-1193	296	5	&	&	CCONJ
issue-1193	296	6	zervos	zervos	PROPN
issue-1193	296	7	,	,	PUNCT
issue-1193	296	8	s.	s.	PROPN
issue-1193	296	9	(	(	PUNCT
issue-1193	296	10	1998	1998	NUM
issue-1193	296	11	)	)	PUNCT
issue-1193	296	12	.	.	PUNCT
issue-1193	297	1	stock	stock	NOUN
issue-1193	297	2	markets	market	NOUN
issue-1193	297	3	,	,	PUNCT
issue-1193	297	4	banks	bank	NOUN
issue-1193	297	5	,	,	PUNCT
issue-1193	297	6	and	and	CCONJ
issue-1193	297	7	economic	economic	ADJ
issue-1193	297	8	growth	growth	NOUN
issue-1193	297	9	.	.	PUNCT
issue-1193	298	1	the	the	DET
issue-1193	298	2	world	world	PROPN
issue-1193	298	3	bank	bank	PROPN
issue-1193	298	4	policy	policy	NOUN
issue-1193	298	5	research	research	NOUN
issue-1193	298	6	working	working	NOUN
issue-1193	298	7	paper	paper	NOUN
issue-1193	298	8	,	,	PUNCT
issue-1193	298	9	no	no	INTJ
issue-1193	298	10	.	.	NOUN
issue-1193	298	11	1690	1690	NUM
issue-1193	298	12	,	,	PUNCT
issue-1193	298	13	pp	pp	ADJ
issue-1193	298	14	.	.	PUNCT
issue-1193	299	1	1–52	1–52	PROPN
issue-1193	299	2	.	.	PUNCT
issue-1193	300	1	mckinnon	mckinnon	PROPN
issue-1193	300	2	,	,	PUNCT
issue-1193	300	3	r.	r.	PROPN
issue-1193	300	4	i.	i.	PROPN
issue-1193	300	5	(	(	PUNCT
issue-1193	300	6	1973	1973	NUM
issue-1193	300	7	)	)	PUNCT
issue-1193	300	8	.	.	PUNCT
issue-1193	301	1	money	money	NOUN
issue-1193	301	2	and	and	CCONJ
issue-1193	301	3	capital	capital	NOUN
issue-1193	301	4	in	in	ADP
issue-1193	301	5	economic	economic	ADJ
issue-1193	301	6	development	development	NOUN
issue-1193	301	7	.	.	PUNCT
issue-1193	302	1	washington	washington	PROPN
issue-1193	302	2	d.c	d.c	PROPN
issue-1193	302	3	.	.	PUNCT
issue-1193	302	4	:	:	PUNCT
issue-1193	303	1	brookings	brookings	PROPN
issue-1193	303	2	institution	institution	NOUN
issue-1193	303	3	.	.	PUNCT
issue-1193	304	1	masoud	masoud	PROPN
issue-1193	304	2	,	,	PUNCT
issue-1193	304	3	n.	n.	PROPN
issue-1193	304	4	(	(	PUNCT
issue-1193	304	5	2013	2013	NUM
issue-1193	304	6	)	)	PUNCT
issue-1193	304	7	.	.	PUNCT
issue-1193	305	1	the	the	DET
issue-1193	305	2	impact	impact	NOUN
issue-1193	305	3	of	of	ADP
issue-1193	305	4	stock	stock	NOUN
issue-1193	305	5	market	market	NOUN
issue-1193	305	6	performance	performance	NOUN
issue-1193	305	7	upon	upon	SCONJ
issue-1193	305	8	economic	economic	ADJ
issue-1193	305	9	growth	growth	NOUN
issue-1193	305	10	.	.	PUNCT
issue-1193	306	1	international	international	ADJ
issue-1193	306	2	journal	journal	PROPN
issue-1193	306	3	of	of	ADP
issue-1193	306	4	economics	economic	NOUN
issue-1193	306	5	and	and	CCONJ
issue-1193	306	6	financial	financial	ADJ
issue-1193	306	7	issues	issue	NOUN
issue-1193	306	8	,	,	PUNCT
issue-1193	306	9	vol	vol	NOUN
issue-1193	306	10	.	.	PROPN
issue-1193	307	1	3	3	NUM
issue-1193	307	2	,	,	PUNCT
issue-1193	307	3	no	no	INTJ
issue-1193	307	4	.	.	NOUN
issue-1193	307	5	4	4	NUM
issue-1193	307	6	,	,	PUNCT
issue-1193	307	7	pp	pp	ADJ
issue-1193	307	8	.	.	PUNCT
issue-1193	308	1	788–798	788–798	NUM
issue-1193	308	2	.	.	PUNCT
issue-1193	309	1	prats	prat	NOUN
issue-1193	309	2	,	,	PUNCT
issue-1193	309	3	m.	m.	NOUN
issue-1193	309	4	,	,	PUNCT
issue-1193	309	5	&	&	CCONJ
issue-1193	309	6	sandoval	sandoval	PROPN
issue-1193	309	7	,	,	PUNCT
issue-1193	309	8	b.	b.	PROPN
issue-1193	309	9	(	(	PUNCT
issue-1193	309	10	2016	2016	NUM
issue-1193	309	11	)	)	PUNCT
issue-1193	309	12	.	.	PUNCT
issue-1193	310	1	stock	stock	NOUN
issue-1193	310	2	market	market	NOUN
issue-1193	310	3	and	and	CCONJ
issue-1193	310	4	economic	economic	ADJ
issue-1193	310	5	growth	growth	NOUN
issue-1193	310	6	in	in	ADP
issue-1193	310	7	eastern	eastern	PROPN
issue-1193	310	8	europe	europe	PROPN
issue-1193	310	9	.	.	PUNCT
issue-1193	311	1	discussion	discussion	NOUN
issue-1193	311	2	paper	paper	NOUN
issue-1193	311	3	,	,	PUNCT
issue-1193	311	4	no	no	INTJ
issue-1193	311	5	.	.	NOUN
issue-1193	311	6	2016	2016	NUM
issue-1193	311	7	-	-	SYM
issue-1193	311	8	35	35	NUM
issue-1193	311	9	.	.	PUNCT
issue-1193	312	1	regmi	regmi	PROPN
issue-1193	312	2	,	,	PUNCT
issue-1193	312	3	u.	u.	PROPN
issue-1193	312	4	r.	r.	PROPN
issue-1193	312	5	(	(	PUNCT
issue-1193	312	6	2012	2012	NUM
issue-1193	312	7	)	)	PUNCT
issue-1193	312	8	.	.	PUNCT
issue-1193	313	1	stock	stock	NOUN
issue-1193	313	2	market	market	NOUN
issue-1193	313	3	development	development	NOUN
issue-1193	313	4	and	and	CCONJ
issue-1193	313	5	economic	economic	ADJ
issue-1193	313	6	growth	growth	NOUN
issue-1193	313	7	:	:	PUNCT
issue-1193	313	8	empirical	empirical	ADJ
issue-1193	313	9	evidence	evidence	NOUN
issue-1193	313	10	from	from	ADP
issue-1193	313	11	nepal	nepal	PROPN
issue-1193	313	12	.	.	PUNCT
issue-1193	314	1	administration	administration	NOUN
issue-1193	314	2	and	and	CCONJ
issue-1193	314	3	management	management	NOUN
issue-1193	314	4	review	review	PROPN
issue-1193	314	5	,	,	PUNCT
issue-1193	314	6	vol	vol	NOUN
issue-1193	314	7	.	.	PROPN
issue-1193	314	8	24	24	NUM
issue-1193	314	9	,	,	PUNCT
issue-1193	314	10	no	no	INTJ
issue-1193	314	11	.	.	NOUN
issue-1193	314	12	1	1	NUM
issue-1193	314	13	,	,	PUNCT
issue-1193	314	14	pp	pp	ADJ
issue-1193	314	15	.	.	PUNCT
issue-1193	315	1	1–28	1–28	PROPN
issue-1193	315	2	.	.	PUNCT
issue-1193	316	1	shahbaz	shahbaz	PROPN
issue-1193	316	2	,	,	PUNCT
issue-1193	316	3	a.	a.	NOUN
issue-1193	316	4	m.	m.	NOUN
issue-1193	316	5	,	,	PUNCT
issue-1193	316	6	lean	lean	ADJ
issue-1193	316	7	,	,	PUNCT
issue-1193	316	8	h.	h.	PROPN
issue-1193	316	9	h.	h.	PROPN
issue-1193	316	10	,	,	PUNCT
issue-1193	316	11	&	&	CCONJ
issue-1193	316	12	kalim	kalim	PROPN
issue-1193	316	13	,	,	PUNCT
issue-1193	316	14	r.	r.	PROPN
issue-1193	316	15	(	(	PUNCT
issue-1193	316	16	2013	2013	NUM
issue-1193	316	17	)	)	PUNCT
issue-1193	316	18	.	.	PUNCT
issue-1193	317	1	the	the	DET
issue-1193	317	2	impact	impact	NOUN
issue-1193	317	3	of	of	ADP
issue-1193	317	4	foreign	foreign	ADJ
issue-1193	317	5	direct	direct	ADJ
issue-1193	317	6	investment	investment	NOUN
issue-1193	317	7	on	on	ADP
issue-1193	317	8	stock	stock	NOUN
issue-1193	317	9	market	market	NOUN
issue-1193	317	10	development	development	NOUN
issue-1193	317	11	:	:	PUNCT
issue-1193	317	12	evidence	evidence	NOUN
issue-1193	317	13	from	from	ADP
issue-1193	317	14	pakistan	pakistan	PROPN
issue-1193	317	15	.	.	PUNCT
issue-1193	318	1	economic	economic	ADJ
issue-1193	318	2	research	research	NOUN
issue-1193	318	3	-	-	PUNCT
issue-1193	318	4	ekonomska	ekonomska	ADJ
issue-1193	318	5	istraživanja	istraživanja	NOUN
issue-1193	318	6	,	,	PUNCT
issue-1193	318	7	vol	vol	NOUN
issue-1193	318	8	.	.	PROPN
issue-1193	318	9	26	26	NUM
issue-1193	318	10	,	,	PUNCT
issue-1193	318	11	no	no	INTJ
issue-1193	318	12	.	.	NOUN
issue-1193	318	13	1	1	NUM
issue-1193	318	14	,	,	PUNCT
issue-1193	318	15	pp	pp	ADJ
issue-1193	318	16	.	.	PUNCT
issue-1193	319	1	17–32	17–32	NUM
issue-1193	319	2	.	.	PUNCT
issue-1193	320	1	shaw	shaw	PROPN
issue-1193	320	2	,	,	PUNCT
issue-1193	320	3	e.	e.	PROPN
issue-1193	320	4	s.	s.	PROPN
issue-1193	320	5	(	(	PUNCT
issue-1193	320	6	1973	1973	NUM
issue-1193	320	7	)	)	PUNCT
issue-1193	320	8	.	.	PUNCT
issue-1193	321	1	financial	financial	ADJ
issue-1193	321	2	deepening	deepen	VERB
issue-1193	321	3	in	in	ADP
issue-1193	321	4	economic	economic	ADJ
issue-1193	321	5	development	development	NOUN
issue-1193	321	6	,	,	PUNCT
issue-1193	321	7	new	new	PROPN
issue-1193	321	8	york	york	PROPN
issue-1193	321	9	:	:	PUNCT
issue-1193	321	10	oxford	oxford	PROPN
issue-1193	321	11	university	university	PROPN
issue-1193	321	12	press	press	NOUN
issue-1193	321	13	.	.	PUNCT
issue-1193	322	1	yartey	yartey	PROPN
issue-1193	322	2	,	,	PUNCT
issue-1193	322	3	c.	c.	PROPN
issue-1193	322	4	a.	a.	PROPN
issue-1193	322	5	(	(	PUNCT
issue-1193	322	6	2008	2008	NUM
issue-1193	322	7	)	)	PUNCT
issue-1193	322	8	.	.	PUNCT
issue-1193	323	1	the	the	DET
issue-1193	323	2	determinants	determinant	NOUN
issue-1193	323	3	of	of	ADP
issue-1193	323	4	stock	stock	NOUN
issue-1193	323	5	market	market	NOUN
issue-1193	323	6	development	development	NOUN
issue-1193	323	7	in	in	ADP
issue-1193	323	8	emerging	emerge	VERB
issue-1193	323	9	economies	economy	NOUN
issue-1193	323	10	:	:	PUNCT
issue-1193	323	11	is	be	AUX
issue-1193	323	12	south	south	PROPN
issue-1193	323	13	africa	africa	PROPN
issue-1193	323	14	different	different	ADJ
issue-1193	323	15	?	?	PUNCT
issue-1193	324	1	imf	imf	PROPN
issue-1193	324	2	working	working	PROPN
issue-1193	324	3	paper	paper	NOUN
issue-1193	324	4	,	,	PUNCT
issue-1193	324	5	no	no	INTJ
issue-1193	324	6	.	.	NOUN
issue-1193	325	1	08/32	08/32	NUM
issue-1193	325	2	,	,	PUNCT
issue-1193	325	3	pp	pp	PROPN
issue-1193	325	4	.	.	PUNCT
issue-1193	326	1	1–31	1–31	PROPN
issue-1193	326	2	.	.	PUNCT
issue-1193	327	1	yemelyanova	yemelyanova	PROPN
issue-1193	327	2	,	,	PUNCT
issue-1193	327	3	l.	l.	PROPN
issue-1193	327	4	(	(	PUNCT
issue-1193	327	5	2015	2015	NUM
issue-1193	327	6	)	)	PUNCT
issue-1193	327	7	.	.	PUNCT
issue-1193	328	1	analiz	analiz	PROPN
issue-1193	328	2	rivnya	rivnya	PROPN
issue-1193	328	3	rozvytku	rozvytku	PROPN
issue-1193	328	4	fondovoho	fondovoho	PROPN
issue-1193	328	5	rynku	rynku	ADJ
issue-1193	328	6	v	v	ADP
issue-1193	328	7	krayinakh	krayinakh	PROPN
issue-1193	328	8	tsentralnoyi	tsentralnoyi	PROPN
issue-1193	328	9	ta	ta	X
issue-1193	328	10	skhidnoyi	skhidnoyi	PROPN
issue-1193	328	11	yevropy	yevropy	PROPN
issue-1193	329	1	[	[	X
issue-1193	329	2	analyses	analysis	NOUN
issue-1193	329	3	of	of	ADP
issue-1193	329	4	stock	stock	NOUN
issue-1193	329	5	market	market	NOUN
issue-1193	329	6	development	development	NOUN
issue-1193	329	7	in	in	ADP
issue-1193	329	8	central	central	ADJ
issue-1193	329	9	and	and	CCONJ
issue-1193	329	10	eastern	eastern	ADJ
issue-1193	329	11	europe	europe	PROPN
issue-1193	329	12	]	]	PUNCT
issue-1193	329	13	.	.	PUNCT
issue-1193	330	1	economic	economic	ADJ
issue-1193	330	2	analysis	analysis	NOUN
issue-1193	330	3	,	,	PUNCT
issue-1193	330	4	vol	vol	NOUN
issue-1193	330	5	.	.	PROPN
issue-1193	330	6	22	22	NUM
issue-1193	330	7	,	,	PUNCT
issue-1193	330	8	no	no	INTJ
issue-1193	330	9	.	.	NOUN
issue-1193	330	10	1	1	NUM
issue-1193	330	11	,	,	PUNCT
issue-1193	330	12	pp	pp	ADJ
issue-1193	330	13	.	.	PUNCT
issue-1193	331	1	108–116	108–116	NUM
issue-1193	331	2	.	.	PUNCT
issue-1193	332	1	(	(	PUNCT
issue-1193	332	2	in	in	ADP
issue-1193	332	3	ukrainian	ukrainian	ADJ
issue-1193	332	4	)	)	PUNCT
issue-1193	332	5	world	world	NOUN
issue-1193	332	6	development	development	NOUN
issue-1193	332	7	indicators	indicator	NOUN
issue-1193	332	8	2013	2013	NUM
issue-1193	332	9	.	.	PUNCT
issue-1193	332	10	available	available	ADJ
issue-1193	332	11	at	at	ADP
issue-1193	332	12	:	:	PUNCT
issue-1193	332	13	http://datatopics.worldbank.org/world-developmentindicators	http://datatopics.worldbank.org/world-developmentindicator	NOUN
issue-1193	332	14	.	.	PUNCT
issue-1193	333	1	world	world	NOUN
issue-1193	333	2	development	development	NOUN
issue-1193	333	3	indicators	indicator	NOUN
issue-1193	333	4	2017	2017	NUM
issue-1193	333	5	.	.	PUNCT
issue-1193	334	1	available	available	ADJ
issue-1193	334	2	at	at	ADP
issue-1193	334	3	:	:	PUNCT
issue-1193	334	4	http://datatopics.worldbank.org/world-developmentindicators	http://datatopics.worldbank.org/world-developmentindicator	NOUN
issue-1193	334	5	.	.	PUNCT