id	sid	tid	token	lemma	pos
issue-2624	1	1	baltic	baltic	PROPN
issue-2624	1	2	journal	journal	PROPN
issue-2624	1	3	of	of	ADP
issue-2624	1	4	economic	economic	ADJ
issue-2624	1	5	studies	study	NOUN
issue-2624	1	6	20	20	NUM
issue-2624	1	7	vol	vol	NOUN
issue-2624	1	8	.	.	PUNCT
issue-2624	2	1	10	10	NUM
issue-2624	2	2	no	no	NOUN
issue-2624	2	3	.	.	NOUN
issue-2624	2	4	5	5	NUM
issue-2624	2	5	,	,	PUNCT
issue-2624	2	6	2024	2024	NUM
issue-2624	2	7	this	this	PRON
issue-2624	2	8	is	be	AUX
issue-2624	2	9	an	an	DET
issue-2624	2	10	open	open	ADJ
issue-2624	2	11	access	access	NOUN
issue-2624	2	12	article	article	NOUN
issue-2624	2	13	,	,	PUNCT
issue-2624	2	14	distributed	distribute	VERB
issue-2624	2	15	under	under	ADP
issue-2624	2	16	the	the	DET
issue-2624	2	17	terms	term	NOUN
issue-2624	2	18	of	of	ADP
issue-2624	2	19	the	the	DET
issue-2624	2	20	creative	creative	ADJ
issue-2624	2	21	commons	common	NOUN
issue-2624	2	22	attribution	attribution	NOUN
issue-2624	2	23	cc	cc	VERB
issue-2624	2	24	by	by	ADP
issue-2624	2	25	4.0	4.0	NUM
issue-2624	2	26	1	1	NUM
issue-2624	2	27	school	school	NOUN
issue-2624	2	28	of	of	ADP
issue-2624	2	29	economic	economic	ADJ
issue-2624	2	30	sciences	science	NOUN
issue-2624	2	31	,	,	PUNCT
issue-2624	2	32	north	north	NOUN
issue-2624	2	33	-	-	PUNCT
issue-2624	2	34	west	west	NOUN
issue-2624	2	35	university	university	NOUN
issue-2624	2	36	,	,	PUNCT
issue-2624	2	37	potchefstroom	potchefstroom	NOUN
issue-2624	2	38	campus	campus	PROPN
issue-2624	2	39	,	,	PUNCT
issue-2624	2	40	south	south	PROPN
issue-2624	2	41	africa	africa	PROPN
issue-2624	2	42	e	e	PROPN
issue-2624	2	43	-	-	NOUN
issue-2624	2	44	mail	mail	NOUN
issue-2624	2	45	:	:	PUNCT
issue-2624	2	46	anmar.pretorius@nwu.ac.za	anmar.pretorius@nwu.ac.za	PROPN
issue-2624	2	47	orcid	orcid	PROPN
issue-2624	2	48	:	:	PUNCT
issue-2624	2	49	https://orcid.org/0000-0003-0410-5099	https://orcid.org/0000-0003-0410-5099	NOUN
issue-2624	2	50	doi	doi	NOUN
issue-2624	2	51	:	:	PUNCT
issue-2624	2	52	https://doi.org/10.30525/2256-0742/2024-10-5-20-30	https://doi.org/10.30525/2256-0742/2024-10-5-20-30	NOUN
issue-2624	2	53	integration	integration	NOUN
issue-2624	2	54	of	of	ADP
issue-2624	2	55	the	the	DET
issue-2624	2	56	baltic	baltic	ADJ
issue-2624	2	57	stock	stock	NOUN
issue-2624	2	58	markets	market	NOUN
issue-2624	2	59	with	with	ADP
issue-2624	2	60	global	global	ADJ
issue-2624	2	61	markets	market	NOUN
issue-2624	2	62	during	during	ADP
issue-2624	2	63	the	the	DET
issue-2624	2	64	previous	previous	ADJ
issue-2624	2	65	decade	decade	NOUN
issue-2624	2	66	anmar	anmar	PROPN
issue-2624	2	67	pretorius1	pretorius1	PROPN
issue-2624	2	68	abstract	abstract	NOUN
issue-2624	2	69	.	.	PUNCT
issue-2624	3	1	the	the	DET
issue-2624	3	2	three	three	NUM
issue-2624	3	3	baltic	baltic	ADJ
issue-2624	3	4	countries	country	NOUN
issue-2624	3	5	of	of	ADP
issue-2624	3	6	estonia	estonia	PROPN
issue-2624	3	7	,	,	PUNCT
issue-2624	3	8	latvia	latvia	PROPN
issue-2624	3	9	and	and	CCONJ
issue-2624	3	10	lithuania	lithuania	PROPN
issue-2624	3	11	achieved	achieve	VERB
issue-2624	3	12	independence	independence	NOUN
issue-2624	3	13	in	in	ADP
issue-2624	3	14	1991	1991	NUM
issue-2624	3	15	.	.	PUNCT
issue-2624	4	1	in	in	ADP
issue-2624	4	2	the	the	DET
issue-2624	4	3	period	period	NOUN
issue-2624	4	4	between	between	ADP
issue-2624	4	5	1993	1993	NUM
issue-2624	4	6	and	and	CCONJ
issue-2624	4	7	1996	1996	NUM
issue-2624	4	8	,	,	PUNCT
issue-2624	4	9	the	the	DET
issue-2624	4	10	three	three	NUM
issue-2624	4	11	baltic	baltic	ADJ
issue-2624	4	12	countries	country	NOUN
issue-2624	4	13	established	establish	VERB
issue-2624	4	14	their	their	PRON
issue-2624	4	15	own	own	ADJ
issue-2624	4	16	stock	stock	NOUN
issue-2624	4	17	exchanges	exchange	NOUN
issue-2624	4	18	.	.	PUNCT
issue-2624	5	1	the	the	DET
issue-2624	5	2	dualistic	dualistic	ADJ
issue-2624	5	3	nature	nature	NOUN
issue-2624	5	4	of	of	ADP
issue-2624	5	5	these	these	DET
issue-2624	5	6	economies	economy	NOUN
issue-2624	5	7	–	–	PUNCT
issue-2624	5	8	namely	namely	ADV
issue-2624	5	9	,	,	PUNCT
issue-2624	5	10	relatively	relatively	ADV
issue-2624	5	11	young	young	ADJ
issue-2624	5	12	democracies	democracy	NOUN
issue-2624	5	13	with	with	ADP
issue-2624	5	14	newly	newly	ADV
issue-2624	5	15	established	establish	VERB
issue-2624	5	16	stock	stock	NOUN
issue-2624	5	17	exchanges	exchange	NOUN
issue-2624	5	18	on	on	ADP
issue-2624	5	19	the	the	DET
issue-2624	5	20	one	one	NUM
issue-2624	5	21	hand	hand	NOUN
issue-2624	5	22	and	and	CCONJ
issue-2624	5	23	high	high	ADJ
issue-2624	5	24	levels	level	NOUN
issue-2624	5	25	of	of	ADP
issue-2624	5	26	integration	integration	NOUN
issue-2624	5	27	into	into	ADP
issue-2624	5	28	europe	europe	PROPN
issue-2624	5	29	due	due	ADP
issue-2624	5	30	to	to	ADP
issue-2624	5	31	eu	eu	PROPN
issue-2624	5	32	and	and	CCONJ
issue-2624	5	33	euro	euro	PROPN
issue-2624	5	34	area	area	NOUN
issue-2624	5	35	membership	membership	NOUN
issue-2624	5	36	on	on	ADP
issue-2624	5	37	the	the	DET
issue-2624	5	38	other	other	ADJ
issue-2624	5	39	–	–	PUNCT
issue-2624	5	40	gives	give	VERB
issue-2624	5	41	rise	rise	NOUN
issue-2624	5	42	to	to	ADP
issue-2624	5	43	the	the	DET
issue-2624	5	44	question	question	NOUN
issue-2624	5	45	of	of	ADP
issue-2624	5	46	whether	whether	SCONJ
issue-2624	5	47	these	these	DET
issue-2624	5	48	stock	stock	NOUN
issue-2624	5	49	exchanges	exchange	NOUN
issue-2624	5	50	are	be	AUX
issue-2624	5	51	integrated	integrate	VERB
issue-2624	5	52	with	with	ADP
issue-2624	5	53	the	the	DET
issue-2624	5	54	developed	develop	VERB
issue-2624	5	55	markets	market	NOUN
issue-2624	5	56	or	or	CCONJ
issue-2624	5	57	the	the	DET
issue-2624	5	58	emerging	emerge	VERB
issue-2624	5	59	markets	market	NOUN
issue-2624	5	60	.	.	PUNCT
issue-2624	6	1	the	the	DET
issue-2624	6	2	objective	objective	NOUN
issue-2624	6	3	of	of	ADP
issue-2624	6	4	this	this	DET
issue-2624	6	5	study	study	NOUN
issue-2624	6	6	is	be	AUX
issue-2624	6	7	to	to	PART
issue-2624	6	8	empirically	empirically	ADV
issue-2624	6	9	ascertain	ascertain	VERB
issue-2624	6	10	the	the	DET
issue-2624	6	11	extent	extent	NOUN
issue-2624	6	12	of	of	ADP
issue-2624	6	13	stock	stock	NOUN
issue-2624	6	14	market	market	NOUN
issue-2624	6	15	integration	integration	NOUN
issue-2624	6	16	of	of	ADP
issue-2624	6	17	the	the	DET
issue-2624	6	18	baltic	baltic	ADJ
issue-2624	6	19	markets	market	NOUN
issue-2624	6	20	with	with	ADP
issue-2624	6	21	global	global	ADJ
issue-2624	6	22	stock	stock	NOUN
issue-2624	6	23	markets	market	NOUN
issue-2624	6	24	.	.	PUNCT
issue-2624	7	1	the	the	DET
issue-2624	7	2	extent	extent	NOUN
issue-2624	7	3	of	of	ADP
issue-2624	7	4	integration	integration	NOUN
issue-2624	7	5	with	with	ADP
issue-2624	7	6	developed	develop	VERB
issue-2624	7	7	and	and	CCONJ
issue-2624	7	8	emerging	emerge	VERB
issue-2624	7	9	markets	market	NOUN
issue-2624	7	10	is	be	AUX
issue-2624	7	11	established	establish	VERB
issue-2624	7	12	.	.	PUNCT
issue-2624	8	1	the	the	DET
issue-2624	8	2	preliminary	preliminary	ADJ
issue-2624	8	3	analysis	analysis	NOUN
issue-2624	8	4	compares	compare	VERB
issue-2624	8	5	the	the	DET
issue-2624	8	6	economic	economic	ADJ
issue-2624	8	7	structures	structure	NOUN
issue-2624	8	8	of	of	ADP
issue-2624	8	9	the	the	DET
issue-2624	8	10	three	three	NUM
issue-2624	8	11	domestic	domestic	ADJ
issue-2624	8	12	economies	economy	NOUN
issue-2624	8	13	,	,	PUNCT
issue-2624	8	14	the	the	DET
issue-2624	8	15	industry	industry	NOUN
issue-2624	8	16	contributions	contribution	NOUN
issue-2624	8	17	of	of	ADP
issue-2624	8	18	the	the	DET
issue-2624	8	19	stock	stock	NOUN
issue-2624	8	20	exchanges	exchange	NOUN
issue-2624	8	21	,	,	PUNCT
issue-2624	8	22	and	and	CCONJ
issue-2624	8	23	the	the	DET
issue-2624	8	24	major	major	ADJ
issue-2624	8	25	international	international	ADJ
issue-2624	8	26	countries	country	NOUN
issue-2624	8	27	investing	invest	VERB
issue-2624	8	28	in	in	ADP
issue-2624	8	29	the	the	DET
issue-2624	8	30	three	three	NUM
issue-2624	8	31	stock	stock	NOUN
issue-2624	8	32	markets	market	NOUN
issue-2624	8	33	.	.	PUNCT
issue-2624	9	1	the	the	DET
issue-2624	9	2	subsequent	subsequent	ADJ
issue-2624	9	3	stage	stage	NOUN
issue-2624	9	4	of	of	ADP
issue-2624	9	5	the	the	DET
issue-2624	9	6	analysis	analysis	NOUN
issue-2624	9	7	entails	entail	VERB
issue-2624	9	8	the	the	DET
issue-2624	9	9	utilisation	utilisation	NOUN
issue-2624	9	10	of	of	ADP
issue-2624	9	11	principal	principal	ADJ
issue-2624	9	12	component	component	NOUN
issue-2624	9	13	analysis	analysis	NOUN
issue-2624	9	14	.	.	PUNCT
issue-2624	10	1	the	the	DET
issue-2624	10	2	specified	specified	ADJ
issue-2624	10	3	number	number	NOUN
issue-2624	10	4	of	of	ADP
issue-2624	10	5	latent	latent	NOUN
issue-2624	10	6	factors	factor	NOUN
issue-2624	10	7	behind	behind	ADP
issue-2624	10	8	global	global	ADJ
issue-2624	10	9	systemic	systemic	ADJ
issue-2624	10	10	risk	risk	NOUN
issue-2624	10	11	are	be	AUX
issue-2624	10	12	extracted	extract	VERB
issue-2624	10	13	from	from	ADP
issue-2624	10	14	the	the	DET
issue-2624	10	15	panel	panel	NOUN
issue-2624	10	16	data	datum	NOUN
issue-2624	10	17	set	set	VERB
issue-2624	10	18	employing	employ	VERB
issue-2624	10	19	factor	factor	NOUN
issue-2624	10	20	analysis	analysis	NOUN
issue-2624	10	21	.	.	PUNCT
issue-2624	11	1	subsequently	subsequently	ADV
issue-2624	11	2	,	,	PUNCT
issue-2624	11	3	these	these	DET
issue-2624	11	4	factors	factor	NOUN
issue-2624	11	5	serve	serve	VERB
issue-2624	11	6	as	as	ADP
issue-2624	11	7	independent	independent	ADJ
issue-2624	11	8	variables	variable	NOUN
issue-2624	11	9	,	,	PUNCT
issue-2624	11	10	thereby	thereby	ADV
issue-2624	11	11	explaining	explain	VERB
issue-2624	11	12	the	the	DET
issue-2624	11	13	variation	variation	NOUN
issue-2624	11	14	in	in	ADP
issue-2624	11	15	returns	return	NOUN
issue-2624	11	16	observed	observe	VERB
issue-2624	11	17	in	in	ADP
issue-2624	11	18	each	each	DET
issue-2624	11	19	country	country	NOUN
issue-2624	11	20	's	's	PART
issue-2624	11	21	stock	stock	NOUN
issue-2624	11	22	market	market	NOUN
issue-2624	11	23	.	.	PUNCT
issue-2624	12	1	the	the	DET
issue-2624	12	2	explanatory	explanatory	ADJ
issue-2624	12	3	power	power	NOUN
issue-2624	12	4	of	of	ADP
issue-2624	12	5	the	the	DET
issue-2624	12	6	regressions	regression	NOUN
issue-2624	12	7	thus	thus	ADV
issue-2624	12	8	indicates	indicate	VERB
issue-2624	12	9	the	the	DET
issue-2624	12	10	degree	degree	NOUN
issue-2624	12	11	of	of	ADP
issue-2624	12	12	integration	integration	NOUN
issue-2624	12	13	of	of	ADP
issue-2624	12	14	the	the	DET
issue-2624	12	15	stock	stock	NOUN
issue-2624	12	16	market	market	NOUN
issue-2624	12	17	with	with	ADP
issue-2624	12	18	global	global	ADJ
issue-2624	12	19	markets	market	NOUN
issue-2624	12	20	.	.	PUNCT
issue-2624	13	1	despite	despite	SCONJ
issue-2624	13	2	similar	similar	ADJ
issue-2624	13	3	economic	economic	ADJ
issue-2624	13	4	structures	structure	NOUN
issue-2624	13	5	,	,	PUNCT
issue-2624	13	6	with	with	ADP
issue-2624	13	7	the	the	DET
issue-2624	13	8	same	same	ADJ
issue-2624	13	9	sectors	sector	NOUN
issue-2624	13	10	contributing	contribute	VERB
issue-2624	13	11	almost	almost	ADV
issue-2624	13	12	equally	equally	ADV
issue-2624	13	13	to	to	PART
issue-2624	13	14	total	total	VERB
issue-2624	13	15	output	output	NOUN
issue-2624	13	16	,	,	PUNCT
issue-2624	13	17	the	the	DET
issue-2624	13	18	sectors	sector	NOUN
issue-2624	13	19	represented	represent	VERB
issue-2624	13	20	on	on	ADP
issue-2624	13	21	their	their	PRON
issue-2624	13	22	stock	stock	NOUN
issue-2624	13	23	exchanges	exchange	NOUN
issue-2624	13	24	are	be	AUX
issue-2624	13	25	different	different	ADJ
issue-2624	13	26	.	.	PUNCT
issue-2624	14	1	financials	financial	NOUN
issue-2624	14	2	contribute	contribute	VERB
issue-2624	14	3	the	the	DET
issue-2624	14	4	most	most	ADJ
issue-2624	14	5	to	to	ADP
issue-2624	14	6	the	the	DET
issue-2624	14	7	estonian	estonian	ADJ
issue-2624	14	8	stock	stock	NOUN
issue-2624	14	9	exchange	exchange	NOUN
issue-2624	14	10	,	,	PUNCT
issue-2624	14	11	followed	follow	VERB
issue-2624	14	12	by	by	ADP
issue-2624	14	13	utilities	utility	NOUN
issue-2624	14	14	.	.	PUNCT
issue-2624	15	1	in	in	ADP
issue-2624	15	2	lithuania	lithuania	PROPN
issue-2624	15	3	,	,	PUNCT
issue-2624	15	4	utilities	utility	NOUN
issue-2624	15	5	dominate	dominate	VERB
issue-2624	15	6	,	,	PUNCT
issue-2624	15	7	with	with	ADP
issue-2624	15	8	telecommunications	telecommunication	NOUN
issue-2624	15	9	in	in	ADP
issue-2624	15	10	second	second	ADJ
issue-2624	15	11	place	place	NOUN
issue-2624	15	12	.	.	PUNCT
issue-2624	16	1	more	more	ADJ
issue-2624	16	2	than	than	ADP
issue-2624	16	3	half	half	NOUN
issue-2624	16	4	of	of	ADP
issue-2624	16	5	the	the	DET
issue-2624	16	6	latvian	latvian	ADJ
issue-2624	16	7	market	market	NOUN
issue-2624	16	8	is	be	AUX
issue-2624	16	9	made	make	VERB
issue-2624	16	10	up	up	ADP
issue-2624	16	11	of	of	ADP
issue-2624	16	12	utilities	utility	NOUN
issue-2624	16	13	and	and	CCONJ
issue-2624	16	14	another	another	DET
issue-2624	16	15	quarter	quarter	NOUN
issue-2624	16	16	of	of	ADP
issue-2624	16	17	financials	financial	NOUN
issue-2624	16	18	.	.	PUNCT
issue-2624	17	1	investors	investor	NOUN
issue-2624	17	2	from	from	ADP
issue-2624	17	3	a	a	DET
issue-2624	17	4	variety	variety	NOUN
issue-2624	17	5	of	of	ADP
issue-2624	17	6	countries	country	NOUN
issue-2624	17	7	have	have	AUX
issue-2624	17	8	made	make	VERB
issue-2624	17	9	investments	investment	NOUN
issue-2624	17	10	in	in	ADP
issue-2624	17	11	the	the	DET
issue-2624	17	12	three	three	NUM
issue-2624	17	13	baltic	baltic	ADJ
issue-2624	17	14	exchanges	exchange	NOUN
issue-2624	17	15	,	,	PUNCT
issue-2624	17	16	with	with	ADP
issue-2624	17	17	the	the	DET
issue-2624	17	18	composition	composition	NOUN
issue-2624	17	19	of	of	ADP
issue-2624	17	20	these	these	DET
issue-2624	17	21	investments	investment	NOUN
issue-2624	17	22	undergoing	undergo	VERB
issue-2624	17	23	notable	notable	ADJ
issue-2624	17	24	shifts	shift	NOUN
issue-2624	17	25	over	over	ADP
issue-2624	17	26	the	the	DET
issue-2624	17	27	past	past	ADJ
issue-2624	17	28	decade	decade	NOUN
issue-2624	17	29	.	.	PUNCT
issue-2624	18	1	a	a	DET
issue-2624	18	2	factor	factor	NOUN
issue-2624	18	3	analysis	analysis	NOUN
issue-2624	18	4	indicates	indicate	VERB
issue-2624	18	5	that	that	SCONJ
issue-2624	18	6	these	these	DET
issue-2624	18	7	baltic	baltic	ADJ
issue-2624	18	8	markets	market	NOUN
issue-2624	18	9	are	be	AUX
issue-2624	18	10	more	more	ADV
issue-2624	18	11	integrated	integrated	ADJ
issue-2624	18	12	with	with	ADP
issue-2624	18	13	the	the	DET
issue-2624	18	14	global	global	ADJ
issue-2624	18	15	developed	develop	VERB
issue-2624	18	16	stock	stock	NOUN
issue-2624	18	17	markets	market	NOUN
issue-2624	18	18	than	than	ADP
issue-2624	18	19	with	with	ADP
issue-2624	18	20	emerging	emerge	VERB
issue-2624	18	21	markets	market	NOUN
issue-2624	18	22	.	.	PUNCT
issue-2624	19	1	however	however	ADV
issue-2624	19	2	,	,	PUNCT
issue-2624	19	3	these	these	DET
issue-2624	19	4	levels	level	NOUN
issue-2624	19	5	of	of	ADP
issue-2624	19	6	integration	integration	NOUN
issue-2624	19	7	are	be	AUX
issue-2624	19	8	low	low	ADJ
issue-2624	19	9	,	,	PUNCT
issue-2624	19	10	and	and	CCONJ
issue-2624	19	11	movements	movement	NOUN
issue-2624	19	12	on	on	ADP
issue-2624	19	13	these	these	DET
issue-2624	19	14	exchanges	exchange	NOUN
issue-2624	19	15	are	be	AUX
issue-2624	19	16	potentially	potentially	ADV
issue-2624	19	17	more	more	ADV
issue-2624	19	18	reflective	reflective	ADJ
issue-2624	19	19	of	of	ADP
issue-2624	19	20	countryor	countryor	NOUN
issue-2624	19	21	region	region	NOUN
issue-2624	19	22	-	-	PUNCT
issue-2624	19	23	specific	specific	ADJ
issue-2624	19	24	factors	factor	NOUN
issue-2624	19	25	than	than	ADP
issue-2624	19	26	of	of	ADP
issue-2624	19	27	global	global	ADJ
issue-2624	19	28	factors	factor	NOUN
issue-2624	19	29	.	.	PUNCT
issue-2624	20	1	there	there	PRON
issue-2624	20	2	are	be	VERB
issue-2624	20	3	some	some	DET
issue-2624	20	4	indications	indication	NOUN
issue-2624	20	5	that	that	SCONJ
issue-2624	20	6	the	the	DET
issue-2624	20	7	estonian	estonian	ADJ
issue-2624	20	8	stock	stock	NOUN
issue-2624	20	9	exchange	exchange	NOUN
issue-2624	20	10	was	be	AUX
issue-2624	20	11	less	less	ADV
issue-2624	20	12	integrated	integrate	VERB
issue-2624	20	13	in	in	ADP
issue-2624	20	14	2019	2019	NUM
issue-2624	20	15	than	than	ADP
issue-2624	20	16	in	in	ADP
issue-2624	20	17	2010	2010	NUM
issue-2624	20	18	,	,	PUNCT
issue-2624	20	19	while	while	SCONJ
issue-2624	20	20	the	the	DET
issue-2624	20	21	other	other	ADJ
issue-2624	20	22	two	two	NUM
issue-2624	20	23	show	show	NOUN
issue-2624	20	24	signs	sign	NOUN
issue-2624	20	25	of	of	ADP
issue-2624	20	26	increasing	increase	VERB
issue-2624	20	27	integration	integration	NOUN
issue-2624	20	28	.	.	PUNCT
issue-2624	21	1	keywords	keyword	NOUN
issue-2624	21	2	:	:	PUNCT
issue-2624	21	3	baltic	baltic	ADJ
issue-2624	21	4	countries	country	NOUN
issue-2624	21	5	,	,	PUNCT
issue-2624	21	6	stock	stock	NOUN
issue-2624	21	7	market	market	NOUN
issue-2624	21	8	integration	integration	NOUN
issue-2624	21	9	,	,	PUNCT
issue-2624	21	10	factor	factor	NOUN
issue-2624	21	11	analysis	analysis	NOUN
issue-2624	21	12	.	.	PUNCT
issue-2624	22	1	jel	jel	PROPN
issue-2624	22	2	classification	classification	PROPN
issue-2624	22	3	:	:	PUNCT
issue-2624	22	4	g12	g12	PROPN
issue-2624	22	5	,	,	PUNCT
issue-2624	22	6	g15	g15	PROPN
issue-2624	22	7	,	,	PUNCT
issue-2624	22	8	c22	c22	NOUN
issue-2624	22	9	1	1	NUM
issue-2624	22	10	.	.	PUNCT
issue-2624	22	11	introduction	introduction	NOUN
issue-2624	22	12	in	in	ADP
issue-2624	22	13	classifying	classify	VERB
issue-2624	22	14	a	a	DET
issue-2624	22	15	specific	specific	ADJ
issue-2624	22	16	equity	equity	NOUN
issue-2624	22	17	market	market	NOUN
issue-2624	22	18	,	,	PUNCT
issue-2624	22	19	ftse	ftse	PROPN
issue-2624	22	20	considers	consider	VERB
issue-2624	22	21	the	the	DET
issue-2624	22	22	characteristics	characteristic	NOUN
issue-2624	22	23	,	,	PUNCT
issue-2624	22	24	controls	control	NOUN
issue-2624	22	25	and	and	CCONJ
issue-2624	22	26	regulations	regulation	NOUN
issue-2624	22	27	of	of	ADP
issue-2624	22	28	the	the	DET
issue-2624	22	29	market	market	NOUN
issue-2624	22	30	in	in	ADP
issue-2624	22	31	question	question	NOUN
issue-2624	22	32	.	.	PUNCT
issue-2624	23	1	however	however	ADV
issue-2624	23	2	,	,	PUNCT
issue-2624	23	3	it	it	PRON
issue-2624	23	4	also	also	ADV
issue-2624	23	5	takes	take	VERB
issue-2624	23	6	into	into	ADP
issue-2624	23	7	account	account	NOUN
issue-2624	23	8	the	the	DET
issue-2624	23	9	level	level	NOUN
issue-2624	23	10	of	of	ADP
issue-2624	23	11	economic	economic	ADJ
issue-2624	23	12	development	development	NOUN
issue-2624	23	13	,	,	PUNCT
issue-2624	23	14	as	as	SCONJ
issue-2624	23	15	measured	measure	VERB
issue-2624	23	16	by	by	ADP
issue-2624	23	17	gni	gni	NOUN
issue-2624	23	18	per	per	ADP
issue-2624	23	19	capita	capita	NOUN
issue-2624	23	20	,	,	PUNCT
issue-2624	23	21	and	and	CCONJ
issue-2624	23	22	the	the	DET
issue-2624	23	23	creditworthiness	creditworthiness	NOUN
issue-2624	23	24	of	of	ADP
issue-2624	23	25	the	the	DET
issue-2624	23	26	market	market	NOUN
issue-2624	23	27	(	(	PUNCT
issue-2624	23	28	ftse	ftse	PROPN
issue-2624	23	29	russell	russell	PROPN
issue-2624	23	30	,	,	PUNCT
issue-2624	23	31	2023	2023	NUM
issue-2624	23	32	)	)	PUNCT
issue-2624	23	33	.	.	PUNCT
issue-2624	24	1	the	the	DET
issue-2624	24	2	baltic	baltic	ADJ
issue-2624	24	3	countries	country	NOUN
issue-2624	24	4	of	of	ADP
issue-2624	24	5	estonia	estonia	PROPN
issue-2624	24	6	,	,	PUNCT
issue-2624	24	7	latvia	latvia	PROPN
issue-2624	24	8	and	and	CCONJ
issue-2624	24	9	lithuania	lithuania	PROPN
issue-2624	24	10	attained	attain	VERB
issue-2624	24	11	independence	independence	NOUN
issue-2624	24	12	in	in	ADP
issue-2624	24	13	1991	1991	NUM
issue-2624	24	14	(	(	PUNCT
issue-2624	24	15	maneschiöld	maneschiöld	NOUN
issue-2624	24	16	,	,	PUNCT
issue-2624	24	17	2006	2006	NUM
issue-2624	24	18	)	)	PUNCT
issue-2624	24	19	.	.	PUNCT
issue-2624	25	1	since	since	SCONJ
issue-2624	25	2	that	that	DET
issue-2624	25	3	time	time	NOUN
issue-2624	25	4	,	,	PUNCT
issue-2624	25	5	the	the	DET
issue-2624	25	6	countries	country	NOUN
issue-2624	25	7	have	have	AUX
issue-2624	25	8	reached	reach	VERB
issue-2624	25	9	several	several	ADJ
issue-2624	25	10	significant	significant	ADJ
issue-2624	25	11	milestones	milestone	NOUN
issue-2624	25	12	,	,	PUNCT
issue-2624	25	13	including	include	VERB
issue-2624	25	14	joining	join	VERB
issue-2624	25	15	the	the	DET
issue-2624	25	16	eu	eu	PROPN
issue-2624	25	17	in	in	ADP
issue-2624	25	18	2004	2004	NUM
issue-2624	25	19	,	,	PUNCT
issue-2624	25	20	the	the	DET
issue-2624	25	21	eurozone	eurozone	NOUN
issue-2624	25	22	in	in	ADP
issue-2624	25	23	2011	2011	NUM
issue-2624	25	24	(	(	PUNCT
issue-2624	25	25	with	with	ADP
issue-2624	25	26	estonia	estonia	PROPN
issue-2624	25	27	joining	join	VERB
issue-2624	25	28	first	first	ADV
issue-2624	25	29	,	,	PUNCT
issue-2624	25	30	followed	follow	VERB
issue-2624	25	31	by	by	ADP
issue-2624	25	32	latvia	latvia	PROPN
issue-2624	25	33	in	in	ADP
issue-2624	25	34	2014	2014	NUM
issue-2624	25	35	and	and	CCONJ
issue-2624	25	36	lithuania	lithuania	PROPN
issue-2624	25	37	in	in	ADP
issue-2624	25	38	2015	2015	NUM
issue-2624	25	39	)	)	PUNCT
issue-2624	25	40	,	,	PUNCT
issue-2624	25	41	and	and	CCONJ
issue-2624	25	42	the	the	DET
issue-2624	25	43	oecd	oecd	PROPN
issue-2624	25	44	at	at	ADP
issue-2624	25	45	a	a	DET
issue-2624	25	46	later	later	ADJ
issue-2624	25	47	date	date	NOUN
issue-2624	25	48	(	(	PUNCT
issue-2624	25	49	harkmann	harkmann	PROPN
issue-2624	25	50	,	,	PUNCT
issue-2624	25	51	2020	2020	NUM
issue-2624	25	52	)	)	PUNCT
issue-2624	25	53	.	.	PUNCT
issue-2624	26	1	these	these	DET
issue-2624	26	2	memberships	membership	NOUN
issue-2624	26	3	served	serve	VERB
issue-2624	26	4	to	to	PART
issue-2624	26	5	confirm	confirm	VERB
issue-2624	26	6	the	the	DET
issue-2624	26	7	reputation	reputation	NOUN
issue-2624	26	8	of	of	ADP
issue-2624	26	9	these	these	DET
issue-2624	26	10	countries	country	NOUN
issue-2624	26	11	as	as	ADP
issue-2624	26	12	developed	develop	VERB
issue-2624	26	13	states	state	NOUN
issue-2624	26	14	.	.	PUNCT
issue-2624	27	1	following	follow	VERB
issue-2624	27	2	the	the	DET
issue-2624	27	3	attainment	attainment	NOUN
issue-2624	27	4	of	of	ADP
issue-2624	27	5	independence	independence	NOUN
issue-2624	27	6	,	,	PUNCT
issue-2624	27	7	each	each	PRON
issue-2624	27	8	of	of	ADP
issue-2624	27	9	the	the	DET
issue-2624	27	10	three	three	NUM
issue-2624	27	11	countries	country	NOUN
issue-2624	27	12	proceeded	proceed	VERB
issue-2624	27	13	to	to	PART
issue-2624	27	14	establish	establish	VERB
issue-2624	27	15	its	its	PRON
issue-2624	27	16	own	own	ADJ
issue-2624	27	17	stock	stock	NOUN
issue-2624	27	18	market	market	NOUN
issue-2624	27	19	.	.	PUNCT
issue-2624	28	1	the	the	DET
issue-2624	28	2	stock	stock	NOUN
issue-2624	28	3	exchange	exchange	PROPN
issue-2624	28	4	of	of	ADP
issue-2624	28	5	lithuania	lithuania	PROPN
issue-2624	28	6	was	be	AUX
issue-2624	28	7	established	establish	VERB
issue-2624	28	8	in	in	ADP
issue-2624	28	9	1993	1993	NUM
issue-2624	28	10	,	,	PUNCT
issue-2624	28	11	that	that	PRON
issue-2624	28	12	of	of	ADP
issue-2624	28	13	latvia	latvia	PROPN
issue-2624	28	14	in	in	ADP
issue-2624	28	15	1995	1995	NUM
issue-2624	28	16	,	,	PUNCT
issue-2624	28	17	and	and	CCONJ
issue-2624	28	18	that	that	PRON
issue-2624	28	19	of	of	ADP
issue-2624	28	20	estonia	estonia	PROPN
issue-2624	28	21	one	one	NUM
issue-2624	28	22	year	year	NOUN
issue-2624	28	23	later	later	ADV
issue-2624	28	24	,	,	PUNCT
issue-2624	28	25	in	in	ADP
issue-2624	28	26	1996	1996	NUM
issue-2624	28	27	(	(	PUNCT
issue-2624	28	28	maneschiöld	maneschiöld	NOUN
issue-2624	28	29	,	,	PUNCT
issue-2624	28	30	2006	2006	NUM
issue-2624	28	31	)	)	PUNCT
issue-2624	28	32	.	.	PUNCT
issue-2624	29	1	notwithstanding	notwithstanding	ADP
issue-2624	29	2	the	the	DET
issue-2624	29	3	fact	fact	NOUN
issue-2624	29	4	that	that	SCONJ
issue-2624	29	5	the	the	DET
issue-2624	29	6	three	three	NUM
issue-2624	29	7	economies	economy	NOUN
issue-2624	29	8	are	be	AUX
issue-2624	29	9	regarded	regard	VERB
issue-2624	29	10	as	as	ADP
issue-2624	29	11	developed	develop	VERB
issue-2624	29	12	,	,	PUNCT
issue-2624	29	13	ftse	ftse	PROPN
issue-2624	29	14	continues	continue	VERB
issue-2624	29	15	to	to	PART
issue-2624	29	16	categorise	categorise	VERB
issue-2624	29	17	these	these	DET
issue-2624	29	18	three	three	NUM
issue-2624	29	19	nascent	nascent	ADJ
issue-2624	29	20	stock	stock	NOUN
issue-2624	29	21	markets	market	NOUN
issue-2624	29	22	as	as	ADP
issue-2624	29	23	"	"	PUNCT
issue-2624	29	24	frontier	frontier	NOUN
issue-2624	29	25	"	"	PUNCT
issue-2624	29	26	(	(	PUNCT
issue-2624	29	27	ftse	ftse	PROPN
issue-2624	29	28	russell	russell	PROPN
issue-2624	29	29	,	,	PUNCT
issue-2624	29	30	2023	2023	NUM
issue-2624	29	31	)	)	PUNCT
issue-2624	29	32	.	.	PUNCT
issue-2624	30	1	the	the	DET
issue-2624	30	2	highest	high	ADJ
issue-2624	30	3	classification	classification	NOUN
issue-2624	30	4	is	be	AUX
issue-2624	30	5	that	that	PRON
issue-2624	30	6	of	of	ADP
issue-2624	30	7	"	"	PUNCT
issue-2624	30	8	developed	develop	VERB
issue-2624	30	9	stock	stock	NOUN
issue-2624	30	10	markets	market	NOUN
issue-2624	30	11	,	,	PUNCT
issue-2624	30	12	"	"	PUNCT
issue-2624	30	13	baltic	baltic	ADJ
issue-2624	30	14	journal	journal	NOUN
issue-2624	30	15	of	of	ADP
issue-2624	30	16	economic	economic	ADJ
issue-2624	30	17	studies	study	NOUN
issue-2624	30	18	21	21	NUM
issue-2624	30	19	vol	vol	NOUN
issue-2624	30	20	.	.	PUNCT
issue-2624	31	1	10	10	NUM
issue-2624	31	2	no	no	NOUN
issue-2624	31	3	.	.	NOUN
issue-2624	31	4	5	5	NUM
issue-2624	31	5	,	,	PUNCT
issue-2624	31	6	2024	2024	NUM
issue-2624	31	7	which	which	PRON
issue-2624	31	8	includes	include	VERB
issue-2624	31	9	the	the	DET
issue-2624	31	10	uk	uk	PROPN
issue-2624	31	11	,	,	PUNCT
issue-2624	31	12	usa	usa	PROPN
issue-2624	31	13	,	,	PUNCT
issue-2624	31	14	germany	germany	PROPN
issue-2624	31	15	,	,	PUNCT
issue-2624	31	16	france	france	PROPN
issue-2624	31	17	,	,	PUNCT
issue-2624	31	18	and	and	CCONJ
issue-2624	31	19	so	so	ADV
issue-2624	31	20	forth	forth	ADV
issue-2624	31	21	.	.	PUNCT
issue-2624	32	1	subsequently	subsequently	ADV
issue-2624	32	2	,	,	PUNCT
issue-2624	32	3	the	the	DET
issue-2624	32	4	"	"	PUNCT
issue-2624	32	5	emerging	emerge	VERB
issue-2624	32	6	markets	market	NOUN
issue-2624	32	7	"	"	PUNCT
issue-2624	32	8	are	be	AUX
issue-2624	32	9	categorised	categorise	VERB
issue-2624	32	10	in	in	ADP
issue-2624	32	11	descending	descend	VERB
issue-2624	32	12	order	order	NOUN
issue-2624	32	13	.	.	PUNCT
issue-2624	33	1	these	these	PRON
issue-2624	33	2	are	be	AUX
issue-2624	33	3	subdivided	subdivide	VERB
issue-2624	33	4	into	into	ADP
issue-2624	33	5	"	"	PUNCT
issue-2624	33	6	advanced	advanced	ADJ
issue-2624	33	7	emerging	emerge	VERB
issue-2624	33	8	"	"	PUNCT
issue-2624	33	9	(	(	PUNCT
issue-2624	33	10	brazil	brazil	PROPN
issue-2624	33	11	,	,	PUNCT
issue-2624	33	12	south	south	PROPN
issue-2624	33	13	africa	africa	PROPN
issue-2624	33	14	,	,	PUNCT
issue-2624	33	15	hungary	hungary	PROPN
issue-2624	33	16	,	,	PUNCT
issue-2624	33	17	poland	poland	PROPN
issue-2624	33	18	,	,	PUNCT
issue-2624	33	19	etc	etc	X
issue-2624	33	20	.	.	X
issue-2624	33	21	)	)	PUNCT
issue-2624	34	1	and	and	CCONJ
issue-2624	34	2	"	"	PUNCT
issue-2624	34	3	secondary	secondary	ADJ
issue-2624	34	4	emerging	emerging	NOUN
issue-2624	34	5	"	"	PUNCT
issue-2624	34	6	(	(	PUNCT
issue-2624	34	7	chile	chile	PROPN
issue-2624	34	8	,	,	PUNCT
issue-2624	34	9	china	china	PROPN
issue-2624	34	10	,	,	PUNCT
issue-2624	34	11	india	india	PROPN
issue-2624	34	12	,	,	PUNCT
issue-2624	34	13	the	the	DET
issue-2624	34	14	philippines	philippine	NOUN
issue-2624	34	15	,	,	PUNCT
issue-2624	34	16	etc	etc	X
issue-2624	34	17	.	.	X
issue-2624	34	18	)	)	PUNCT
issue-2624	34	19	.	.	PUNCT
issue-2624	35	1	the	the	DET
issue-2624	35	2	lowest	low	ADJ
issue-2624	35	3	category	category	NOUN
issue-2624	35	4	is	be	AUX
issue-2624	35	5	that	that	PRON
issue-2624	35	6	of	of	ADP
issue-2624	35	7	"	"	PUNCT
issue-2624	35	8	frontier	frontier	NOUN
issue-2624	35	9	markets	market	NOUN
issue-2624	35	10	"	"	PUNCT
issue-2624	35	11	.	.	PUNCT
issue-2624	36	1	the	the	DET
issue-2624	36	2	three	three	NUM
issue-2624	36	3	baltic	baltic	ADJ
issue-2624	36	4	markets	market	NOUN
issue-2624	36	5	are	be	AUX
issue-2624	36	6	included	include	VERB
issue-2624	36	7	in	in	ADP
issue-2624	36	8	this	this	DET
issue-2624	36	9	category	category	NOUN
issue-2624	36	10	,	,	PUNCT
issue-2624	36	11	as	as	SCONJ
issue-2624	36	12	are	be	AUX
issue-2624	36	13	countries	country	NOUN
issue-2624	36	14	such	such	ADJ
issue-2624	36	15	as	as	ADP
issue-2624	36	16	argentina	argentina	PROPN
issue-2624	36	17	,	,	PUNCT
issue-2624	36	18	croatia	croatia	PROPN
issue-2624	36	19	,	,	PUNCT
issue-2624	36	20	serbia	serbia	PROPN
issue-2624	36	21	and	and	CCONJ
issue-2624	36	22	vietnam	vietnam	PROPN
issue-2624	36	23	.	.	PUNCT
issue-2624	37	1	in	in	ADP
issue-2624	37	2	light	light	NOUN
issue-2624	37	3	of	of	ADP
issue-2624	37	4	the	the	DET
issue-2624	37	5	dualistic	dualistic	ADJ
issue-2624	37	6	nature	nature	NOUN
issue-2624	37	7	of	of	ADP
issue-2624	37	8	these	these	DET
issue-2624	37	9	three	three	NUM
issue-2624	37	10	economies	economy	NOUN
issue-2624	37	11	–	–	PUNCT
issue-2624	37	12	namely	namely	ADV
issue-2624	37	13	,	,	PUNCT
issue-2624	37	14	that	that	SCONJ
issue-2624	37	15	they	they	PRON
issue-2624	37	16	are	be	AUX
issue-2624	37	17	all	all	ADV
issue-2624	37	18	developed	develop	VERB
issue-2624	37	19	economies	economy	NOUN
issue-2624	37	20	that	that	PRON
issue-2624	37	21	are	be	AUX
issue-2624	37	22	part	part	NOUN
issue-2624	37	23	of	of	ADP
issue-2624	37	24	the	the	DET
issue-2624	37	25	eu	eu	PROPN
issue-2624	37	26	,	,	PUNCT
issue-2624	37	27	with	with	ADP
issue-2624	37	28	relatively	relatively	ADV
issue-2624	37	29	newly	newly	ADV
issue-2624	37	30	established	establish	VERB
issue-2624	37	31	stock	stock	NOUN
issue-2624	37	32	markets	market	NOUN
issue-2624	37	33	that	that	PRON
issue-2624	37	34	are	be	AUX
issue-2624	37	35	classified	classify	VERB
issue-2624	37	36	as	as	ADP
issue-2624	37	37	frontier	frontier	NOUN
issue-2624	37	38	–	–	PUNCT
issue-2624	37	39	it	it	PRON
issue-2624	37	40	is	be	AUX
issue-2624	37	41	pertinent	pertinent	ADJ
issue-2624	37	42	to	to	PART
issue-2624	37	43	inquire	inquire	VERB
issue-2624	37	44	whether	whether	SCONJ
issue-2624	37	45	the	the	DET
issue-2624	37	46	three	three	NUM
issue-2624	37	47	stock	stock	NOUN
issue-2624	37	48	markets	market	NOUN
issue-2624	37	49	in	in	ADP
issue-2624	37	50	question	question	NOUN
issue-2624	37	51	co	co	NOUN
issue-2624	37	52	-	-	NOUN
issue-2624	37	53	move	move	NOUN
issue-2624	37	54	with	with	ADP
issue-2624	37	55	those	those	PRON
issue-2624	37	56	of	of	ADP
issue-2624	37	57	their	their	PRON
issue-2624	37	58	fellow	fellow	ADJ
issue-2624	37	59	eu	eu	PROPN
issue-2624	37	60	members	member	NOUN
issue-2624	37	61	,	,	PUNCT
issue-2624	37	62	who	who	PRON
issue-2624	37	63	are	be	AUX
issue-2624	37	64	mostly	mostly	ADV
issue-2624	37	65	developed	develop	VERB
issue-2624	37	66	markets	market	NOUN
issue-2624	37	67	,	,	PUNCT
issue-2624	37	68	or	or	CCONJ
issue-2624	37	69	with	with	ADP
issue-2624	37	70	those	those	PRON
issue-2624	37	71	of	of	ADP
issue-2624	37	72	countries	country	NOUN
issue-2624	37	73	that	that	PRON
issue-2624	37	74	are	be	AUX
issue-2624	37	75	classified	classify	VERB
issue-2624	37	76	as	as	ADP
issue-2624	37	77	emerging	emerge	VERB
issue-2624	37	78	.	.	PUNCT
issue-2624	38	1	the	the	DET
issue-2624	38	2	objective	objective	NOUN
issue-2624	38	3	of	of	ADP
issue-2624	38	4	this	this	DET
issue-2624	38	5	study	study	NOUN
issue-2624	38	6	is	be	AUX
issue-2624	38	7	to	to	PART
issue-2624	38	8	empirically	empirically	ADV
issue-2624	38	9	ascertain	ascertain	VERB
issue-2624	38	10	the	the	DET
issue-2624	38	11	extent	extent	NOUN
issue-2624	38	12	of	of	ADP
issue-2624	38	13	integration	integration	NOUN
issue-2624	38	14	between	between	ADP
issue-2624	38	15	the	the	DET
issue-2624	38	16	stock	stock	NOUN
issue-2624	38	17	markets	market	NOUN
issue-2624	38	18	of	of	ADP
issue-2624	38	19	the	the	DET
issue-2624	38	20	baltic	baltic	ADJ
issue-2624	38	21	states	state	NOUN
issue-2624	38	22	and	and	CCONJ
issue-2624	38	23	those	those	PRON
issue-2624	38	24	of	of	ADP
issue-2624	38	25	the	the	DET
issue-2624	38	26	global	global	ADJ
issue-2624	38	27	economy	economy	NOUN
issue-2624	38	28	,	,	PUNCT
issue-2624	38	29	including	include	VERB
issue-2624	38	30	both	both	CCONJ
issue-2624	38	31	developed	develop	VERB
issue-2624	38	32	and	and	CCONJ
issue-2624	38	33	emerging	emerge	VERB
issue-2624	38	34	markets	market	NOUN
issue-2624	38	35	.	.	PUNCT
issue-2624	39	1	2	2	X
issue-2624	39	2	.	.	X
issue-2624	39	3	background	background	NOUN
issue-2624	39	4	on	on	ADP
issue-2624	39	5	the	the	DET
issue-2624	39	6	three	three	NUM
issue-2624	39	7	economies	economy	NOUN
issue-2624	39	8	2.1	2.1	NUM
issue-2624	39	9	macroeconomy	macroeconomy	NOUN
issue-2624	39	10	prior	prior	ADV
issue-2624	39	11	to	to	ADP
issue-2624	39	12	an	an	DET
issue-2624	39	13	examination	examination	NOUN
issue-2624	39	14	of	of	ADP
issue-2624	39	15	the	the	DET
issue-2624	39	16	three	three	NUM
issue-2624	39	17	stock	stock	NOUN
issue-2624	39	18	markets	market	NOUN
issue-2624	39	19	,	,	PUNCT
issue-2624	39	20	it	it	PRON
issue-2624	39	21	is	be	AUX
issue-2624	39	22	first	first	ADV
issue-2624	39	23	necessary	necessary	ADJ
issue-2624	39	24	to	to	PART
issue-2624	39	25	present	present	VERB
issue-2624	39	26	background	background	NOUN
issue-2624	39	27	information	information	NOUN
issue-2624	39	28	and	and	CCONJ
issue-2624	39	29	context	context	NOUN
issue-2624	39	30	regarding	regard	VERB
issue-2624	39	31	the	the	DET
issue-2624	39	32	three	three	NUM
issue-2624	39	33	macroeconomies	macroeconomie	NOUN
issue-2624	39	34	.	.	PUNCT
issue-2624	40	1	the	the	DET
issue-2624	40	2	world	world	PROPN
issue-2624	40	3	bank	bank	PROPN
issue-2624	40	4	first	first	ADV
issue-2624	40	5	recorded	record	VERB
issue-2624	40	6	gdp	gdp	NOUN
issue-2624	40	7	data	datum	NOUN
issue-2624	40	8	for	for	ADP
issue-2624	40	9	them	they	PRON
issue-2624	40	10	in	in	ADP
issue-2624	40	11	1995	1995	NUM
issue-2624	40	12	,	,	PUNCT
issue-2624	40	13	four	four	NUM
issue-2624	40	14	years	year	NOUN
issue-2624	40	15	after	after	SCONJ
issue-2624	40	16	the	the	DET
issue-2624	40	17	countries	country	NOUN
issue-2624	40	18	in	in	ADP
issue-2624	40	19	question	question	NOUN
issue-2624	40	20	had	have	AUX
issue-2624	40	21	gained	gain	VERB
issue-2624	40	22	their	their	PRON
issue-2624	40	23	independence	independence	NOUN
issue-2624	40	24	(	(	PUNCT
issue-2624	40	25	world	world	PROPN
issue-2624	40	26	bank	bank	PROPN
issue-2624	40	27	2024	2024	NUM
issue-2624	40	28	)	)	PUNCT
issue-2624	40	29	.	.	PUNCT
issue-2624	41	1	table	table	NOUN
issue-2624	41	2	1	1	NUM
issue-2624	41	3	presents	present	VERB
issue-2624	41	4	a	a	DET
issue-2624	41	5	selection	selection	NOUN
issue-2624	41	6	of	of	ADP
issue-2624	41	7	macroeconomic	macroeconomic	ADJ
issue-2624	41	8	indicators	indicator	NOUN
issue-2624	41	9	for	for	ADP
issue-2624	41	10	the	the	DET
issue-2624	41	11	period	period	NOUN
issue-2624	41	12	between	between	ADP
issue-2624	41	13	1995	1995	NUM
issue-2624	41	14	and	and	CCONJ
issue-2624	41	15	2020	2020	NUM
issue-2624	41	16	.	.	PUNCT
issue-2624	42	1	in	in	ADP
issue-2624	42	2	terms	term	NOUN
issue-2624	42	3	of	of	ADP
issue-2624	42	4	economic	economic	ADJ
issue-2624	42	5	size	size	NOUN
issue-2624	42	6	,	,	PUNCT
issue-2624	42	7	estonia	estonia	PROPN
issue-2624	42	8	is	be	AUX
issue-2624	42	9	the	the	DET
issue-2624	42	10	smallest	small	ADJ
issue-2624	42	11	of	of	ADP
issue-2624	42	12	the	the	DET
issue-2624	42	13	three	three	NUM
issue-2624	42	14	countries	country	NOUN
issue-2624	42	15	,	,	PUNCT
issue-2624	42	16	with	with	ADP
issue-2624	42	17	latvia	latvia	PROPN
issue-2624	42	18	producing	produce	VERB
issue-2624	42	19	1.2	1.2	NUM
issue-2624	42	20	times	time	NOUN
issue-2624	42	21	the	the	DET
issue-2624	42	22	estonian	estonian	ADJ
issue-2624	42	23	gdp	gdp	NOUN
issue-2624	42	24	in	in	ADP
issue-2624	42	25	1995	1995	NUM
issue-2624	42	26	.	.	PUNCT
issue-2624	43	1	in	in	ADP
issue-2624	43	2	contrast	contrast	NOUN
issue-2624	43	3	,	,	PUNCT
issue-2624	43	4	lithuania	lithuania	PROPN
issue-2624	43	5	has	have	VERB
issue-2624	43	6	the	the	DET
issue-2624	43	7	largest	large	ADJ
issue-2624	43	8	economy	economy	NOUN
issue-2624	43	9	,	,	PUNCT
issue-2624	43	10	producing	produce	VERB
issue-2624	43	11	1.7	1.7	NUM
issue-2624	43	12	times	time	NOUN
issue-2624	43	13	the	the	DET
issue-2624	43	14	estonian	estonian	PROPN
issue-2624	43	15	gdp	gdp	PROPN
issue-2624	43	16	.	.	PUNCT
issue-2624	44	1	the	the	DET
issue-2624	44	2	uninterrupted	uninterrupted	ADJ
issue-2624	44	3	gdp	gdp	NOUN
issue-2624	44	4	values	value	NOUN
issue-2624	44	5	demonstrate	demonstrate	VERB
issue-2624	44	6	a	a	DET
issue-2624	44	7	consistent	consistent	ADJ
issue-2624	44	8	pattern	pattern	NOUN
issue-2624	44	9	of	of	ADP
issue-2624	44	10	economic	economic	ADJ
issue-2624	44	11	expansion	expansion	NOUN
issue-2624	44	12	across	across	ADP
issue-2624	44	13	table	table	NOUN
issue-2624	44	14	1	1	NUM
issue-2624	44	15	macroeconomic	macroeconomic	ADJ
issue-2624	44	16	characteristics	characteristic	NOUN
issue-2624	44	17	of	of	ADP
issue-2624	44	18	the	the	DET
issue-2624	44	19	three	three	NUM
issue-2624	44	20	baltic	baltic	ADJ
issue-2624	44	21	countries	country	NOUN
issue-2624	44	22	estonia	estonia	PROPN
issue-2624	44	23	lithuania	lithuania	PROPN
issue-2624	44	24	latvia	latvia	PROPN
issue-2624	44	25	gdp	gdp	PROPN
issue-2624	44	26	(	(	PUNCT
issue-2624	44	27	constant	constant	ADJ
issue-2624	44	28	lcu	lcu	NOUN
issue-2624	44	29	)	)	PUNCT
issue-2624	44	30	1995	1995	NUM
issue-2624	44	31	9241911000	9241911000	NUM
issue-2624	44	32	16145212000	16145212000	NUM
issue-2624	44	33	11131271000	11131271000	NUM
issue-2624	44	34	2000	2000	NUM
issue-2624	44	35	12540787000	12540787000	NUM
issue-2624	44	36	20260235000	20260235000	NUM
issue-2624	44	37	14350958000	14350958000	NUM
issue-2624	44	38	2005	2005	NUM
issue-2624	44	39	17865712000	17865712000	NUM
issue-2624	44	40	29246554000	29246554000	NUM
issue-2624	44	41	21240502000	21240502000	NUM
issue-2624	44	42	2010	2010	NUM
issue-2624	44	43	17503789000	17503789000	NUM
issue-2624	44	44	31005820000	31005820000	NUM
issue-2624	44	45	20724305000	20724305000	NUM
issue-2624	44	46	2015	2015	NUM
issue-2624	44	47	20631362000	20631362000	NUM
issue-2624	44	48	37345698000	37345698000	NUM
issue-2624	44	49	24572126000	24572126000	NUM
issue-2624	44	50	2020	2020	NUM
issue-2624	44	51	24107393000	24107393000	NUM
issue-2624	44	52	43446905000	43446905000	NUM
issue-2624	44	53	26228007000	26228007000	NUM
issue-2624	44	54	gdp	gdp	NOUN
issue-2624	44	55	per	per	ADP
issue-2624	44	56	capita	capita	X
issue-2624	44	57	(	(	PUNCT
issue-2624	44	58	constant	constant	ADJ
issue-2624	44	59	lcu	lcu	NOUN
issue-2624	44	60	)	)	PUNCT
issue-2624	44	61	1995	1995	NUM
issue-2624	44	62	6433,0	6433,0	NUM
issue-2624	44	63	4448,8	4448,8	NUM
issue-2624	44	64	4479,3	4479,3	NOUN
issue-2624	44	65	2000	2000	NUM
issue-2624	44	66	8977,0	8977,0	NUM
issue-2624	44	67	5789,4	5789,4	NUM
issue-2624	44	68	6061,5	6061,5	NUM
issue-2624	44	69	2005	2005	NUM
issue-2624	44	70	13187,2	13187,2	NUM
issue-2624	44	71	8802,5	8802,5	NUM
issue-2624	44	72	9487,5	9487,5	NUM
issue-2624	44	73	2010	2010	NUM
issue-2624	44	74	13146,2	13146,2	NUM
issue-2624	44	75	10010,7	10010,7	NUM
issue-2624	44	76	9880,2	9880,2	NUM
issue-2624	44	77	2015	2015	NUM
issue-2624	44	78	15684,4	15684,4	NUM
issue-2624	44	79	12856,1	12856,1	NUM
issue-2624	44	80	12425,7	12425,7	NUM
issue-2624	44	81	2020	2020	NUM
issue-2624	44	82	18132,4	18132,4	NUM
issue-2624	44	83	15545,1	15545,1	NUM
issue-2624	44	84	13801,0	13801,0	NUM
issue-2624	44	85	human	human	ADJ
issue-2624	44	86	capital	capital	NOUN
issue-2624	44	87	index	index	NOUN
issue-2624	44	88	2010	2010	NUM
issue-2624	44	89	0,725663781	0,725663781	NUM
issue-2624	44	90	0,688390017	0,688390017	NOUN
issue-2624	44	91	0,67645812	0,67645812	NOUN
issue-2624	44	92	2020	2020	NUM
issue-2624	44	93	0,777203202	0,777203202	NOUN
issue-2624	44	94	0,706047952	0,706047952	NOUN
issue-2624	44	95	0,706581414	0,706581414	NUM
issue-2624	44	96	human	human	PROPN
issue-2624	44	97	development	development	PROPN
issue-2624	44	98	index	index	NOUN
issue-2624	44	99	2022	2022	NUM
issue-2624	44	100	0,899	0,899	NUM
issue-2624	44	101	0,879	0,879	NUM
issue-2624	44	102	0,879	0,879	NUM
issue-2624	44	103	sector	sector	NOUN
issue-2624	44	104	contribution	contribution	NOUN
issue-2624	44	105	to	to	ADP
issue-2624	44	106	gdp	gdp	NOUN
issue-2624	44	107	in	in	ADP
issue-2624	44	108	%	%	NOUN
issue-2624	44	109	2010	2010	NUM
issue-2624	44	110	industry	industry	NOUN
issue-2624	44	111	24,4	24,4	NUM
issue-2624	44	112	26,2	26,2	NUM
issue-2624	44	113	20,4	20,4	NUM
issue-2624	44	114	manufacturing	manufacture	VERB
issue-2624	44	115	13,7	13,7	NUM
issue-2624	44	116	16,9	16,9	PROPN
issue-2624	44	117	11,9	11,9	PROPN
issue-2624	44	118	services	service	NOUN
issue-2624	44	119	59,9	59,9	NOUN
issue-2624	44	120	60,7	60,7	NOUN
issue-2624	44	121	64,5	64,5	NUM
issue-2624	44	122	agriculture	agriculture	NOUN
issue-2624	44	123	,	,	PUNCT
issue-2624	44	124	forestry	forestry	NOUN
issue-2624	44	125	,	,	PUNCT
issue-2624	44	126	fishing	fish	VERB
issue-2624	44	127	3,2	3,2	NUM
issue-2624	44	128	3,0	3,0	NUM
issue-2624	44	129	4,1	4,1	NUM
issue-2624	44	130	2020	2020	NUM
issue-2624	45	1	industry	industry	NOUN
issue-2624	46	1	22,8	22,8	NOUN
issue-2624	46	2	24,9	24,9	NUM
issue-2624	46	3	19,6	19,6	NUM
issue-2624	46	4	manufacturing	manufacturing	NOUN
issue-2624	46	5	12,8	12,8	PROPN
issue-2624	46	6	15,6	15,6	NUM
issue-2624	46	7	11,1	11,1	NUM
issue-2624	46	8	services	service	NOUN
issue-2624	46	9	63,0	63,0	NUM
issue-2624	46	10	61,2	61,2	ADJ
issue-2624	46	11	63,6	63,6	NUM
issue-2624	46	12	agriculture	agriculture	NOUN
issue-2624	46	13	,	,	PUNCT
issue-2624	46	14	forestry	forestry	NOUN
issue-2624	46	15	,	,	PUNCT
issue-2624	46	16	fishing	fish	VERB
issue-2624	46	17	2,1	2,1	NUM
issue-2624	46	18	3,5	3,5	NUM
issue-2624	46	19	4,0	4,0	NUM
issue-2624	46	20	source	source	NOUN
issue-2624	46	21	:	:	PUNCT
issue-2624	46	22	world	world	PROPN
issue-2624	46	23	bank	bank	PROPN
issue-2624	46	24	(	(	PUNCT
issue-2624	46	25	2024	2024	NUM
issue-2624	46	26	)	)	PUNCT
issue-2624	46	27	and	and	CCONJ
issue-2624	46	28	united	united	PROPN
issue-2624	46	29	nations	nations	PROPN
issue-2624	46	30	development	development	PROPN
issue-2624	46	31	programme	programme	PROPN
issue-2624	46	32	(	(	PUNCT
issue-2624	46	33	undp	undp	PROPN
issue-2624	46	34	)	)	PUNCT
issue-2624	46	35	(	(	PUNCT
issue-2624	46	36	2024	2024	NUM
issue-2624	46	37	)	)	PUNCT
issue-2624	46	38	baltic	baltic	ADJ
issue-2624	46	39	journal	journal	NOUN
issue-2624	46	40	of	of	ADP
issue-2624	46	41	economic	economic	ADJ
issue-2624	46	42	studies	study	NOUN
issue-2624	46	43	22	22	NUM
issue-2624	46	44	vol	vol	NOUN
issue-2624	46	45	.	.	PUNCT
issue-2624	47	1	10	10	NUM
issue-2624	47	2	no	no	NOUN
issue-2624	47	3	.	.	NOUN
issue-2624	47	4	5	5	NUM
issue-2624	47	5	,	,	PUNCT
issue-2624	47	6	2024	2024	NUM
issue-2624	47	7	all	all	DET
issue-2624	47	8	three	three	NUM
issue-2624	47	9	countries	country	NOUN
issue-2624	47	10	over	over	ADP
issue-2624	47	11	time	time	NOUN
issue-2624	47	12	,	,	PUNCT
issue-2624	47	13	despite	despite	SCONJ
issue-2624	47	14	a	a	DET
issue-2624	47	15	slight	slight	ADJ
issue-2624	47	16	decline	decline	NOUN
issue-2624	47	17	between	between	ADP
issue-2624	47	18	2005	2005	NUM
issue-2624	47	19	and	and	CCONJ
issue-2624	47	20	2010	2010	NUM
issue-2624	47	21	in	in	ADP
issue-2624	47	22	estonia	estonia	PROPN
issue-2624	47	23	and	and	CCONJ
issue-2624	47	24	latvia	latvia	PROPN
issue-2624	47	25	.	.	PUNCT
issue-2624	48	1	in	in	ADP
issue-2624	48	2	comparison	comparison	NOUN
issue-2624	48	3	to	to	ADP
issue-2624	48	4	latvia	latvia	PROPN
issue-2624	48	5	,	,	PUNCT
issue-2624	48	6	estonia	estonia	PROPN
issue-2624	48	7	has	have	AUX
issue-2624	48	8	demonstrated	demonstrate	VERB
issue-2624	48	9	superior	superior	ADJ
issue-2624	48	10	economic	economic	ADJ
issue-2624	48	11	growth	growth	NOUN
issue-2624	48	12	.	.	PUNCT
issue-2624	49	1	in	in	ADP
issue-2624	49	2	2020	2020	NUM
issue-2624	49	3	,	,	PUNCT
issue-2624	49	4	the	the	DET
issue-2624	49	5	gdp	gdp	NOUN
issue-2624	49	6	of	of	ADP
issue-2624	49	7	latvia	latvia	PROPN
issue-2624	49	8	was	be	AUX
issue-2624	49	9	only	only	ADV
issue-2624	49	10	1.09	1.09	NUM
issue-2624	49	11	times	time	NOUN
issue-2624	49	12	that	that	DET
issue-2624	49	13	of	of	ADP
issue-2624	49	14	estonia	estonia	PROPN
issue-2624	49	15	,	,	PUNCT
issue-2624	49	16	compared	compare	VERB
issue-2624	49	17	to	to	ADP
issue-2624	49	18	1.2	1.2	NUM
issue-2624	49	19	times	time	NOUN
issue-2624	49	20	in	in	ADP
issue-2624	49	21	1995	1995	NUM
issue-2624	49	22	.	.	PUNCT
issue-2624	50	1	in	in	ADP
issue-2624	50	2	2020	2020	NUM
issue-2624	50	3	,	,	PUNCT
issue-2624	50	4	lithuania	lithuania	PROPN
issue-2624	50	5	retained	retain	VERB
issue-2624	50	6	its	its	PRON
issue-2624	50	7	dominant	dominant	ADJ
issue-2624	50	8	position	position	NOUN
issue-2624	50	9	with	with	ADP
issue-2624	50	10	a	a	DET
issue-2624	50	11	gdp	gdp	NOUN
issue-2624	50	12	that	that	PRON
issue-2624	50	13	was	be	AUX
issue-2624	50	14	1.8	1.8	NUM
issue-2624	50	15	times	time	NOUN
issue-2624	50	16	that	that	DET
issue-2624	50	17	of	of	ADP
issue-2624	50	18	estonia	estonia	PROPN
issue-2624	50	19	.	.	PUNCT
issue-2624	51	1	while	while	SCONJ
issue-2624	51	2	estonia	estonia	PROPN
issue-2624	51	3	produces	produce	VERB
issue-2624	51	4	less	less	ADJ
issue-2624	51	5	gdp	gdp	NOUN
issue-2624	51	6	in	in	ADP
issue-2624	51	7	absolute	absolute	ADJ
issue-2624	51	8	terms	term	NOUN
issue-2624	51	9	compared	compare	VERB
issue-2624	51	10	to	to	ADP
issue-2624	51	11	the	the	DET
issue-2624	51	12	other	other	ADJ
issue-2624	51	13	two	two	NUM
issue-2624	51	14	nations	nation	NOUN
issue-2624	51	15	,	,	PUNCT
issue-2624	51	16	there	there	PRON
issue-2624	51	17	has	have	AUX
issue-2624	51	18	been	be	AUX
issue-2624	51	19	a	a	DET
issue-2624	51	20	general	general	ADJ
issue-2624	51	21	increase	increase	NOUN
issue-2624	51	22	in	in	ADP
issue-2624	51	23	gdp	gdp	NOUN
issue-2624	51	24	per	per	ADP
issue-2624	51	25	capita	capita	NOUN
issue-2624	51	26	for	for	ADP
issue-2624	51	27	all	all	DET
issue-2624	51	28	three	three	NUM
issue-2624	51	29	countries	country	NOUN
issue-2624	51	30	.	.	PUNCT
issue-2624	52	1	furthermore	furthermore	ADV
issue-2624	52	2	,	,	PUNCT
issue-2624	52	3	the	the	DET
issue-2624	52	4	estonian	estonian	ADJ
issue-2624	52	5	gdp	gdp	NOUN
issue-2624	52	6	per	per	ADP
issue-2624	52	7	capita	capita	NOUN
issue-2624	52	8	is	be	AUX
issue-2624	52	9	consistently	consistently	ADV
issue-2624	52	10	higher	high	ADJ
issue-2624	52	11	.	.	PUNCT
issue-2624	53	1	this	this	DET
issue-2624	53	2	higher	high	ADJ
issue-2624	53	3	per	per	ADP
issue-2624	53	4	capita	capita	X
issue-2624	53	5	gdp	gdp	NOUN
issue-2624	53	6	is	be	AUX
issue-2624	53	7	also	also	ADV
issue-2624	53	8	reflected	reflect	VERB
issue-2624	53	9	in	in	ADP
issue-2624	53	10	a	a	DET
issue-2624	53	11	relatively	relatively	ADV
issue-2624	53	12	higher	high	ADJ
issue-2624	53	13	human	human	ADJ
issue-2624	53	14	development	development	NOUN
issue-2624	53	15	index	index	NOUN
issue-2624	53	16	(	(	PUNCT
issue-2624	53	17	hdi	hdi	PROPN
issue-2624	53	18	)	)	PUNCT
issue-2624	53	19	for	for	ADP
issue-2624	53	20	estonia	estonia	PROPN
issue-2624	53	21	.	.	PUNCT
issue-2624	54	1	while	while	SCONJ
issue-2624	54	2	per	per	ADP
issue-2624	54	3	capita	capita	NOUN
issue-2624	54	4	income	income	NOUN
issue-2624	54	5	constitutes	constitute	VERB
issue-2624	54	6	one	one	NUM
issue-2624	54	7	component	component	NOUN
issue-2624	54	8	of	of	ADP
issue-2624	54	9	the	the	DET
issue-2624	54	10	hdi	hdi	NOUN
issue-2624	54	11	,	,	PUNCT
issue-2624	54	12	it	it	PRON
issue-2624	54	13	is	be	AUX
issue-2624	54	14	also	also	ADV
issue-2624	54	15	measured	measure	VERB
issue-2624	54	16	against	against	ADP
issue-2624	54	17	a	a	DET
issue-2624	54	18	range	range	NOUN
issue-2624	54	19	of	of	ADP
issue-2624	54	20	other	other	ADJ
issue-2624	54	21	indicators	indicator	NOUN
issue-2624	54	22	,	,	PUNCT
issue-2624	54	23	including	include	VERB
issue-2624	54	24	life	life	NOUN
issue-2624	54	25	expectancy	expectancy	NOUN
issue-2624	54	26	at	at	ADP
issue-2624	54	27	birth	birth	NOUN
issue-2624	54	28	and	and	CCONJ
issue-2624	54	29	the	the	DET
issue-2624	54	30	level	level	NOUN
issue-2624	54	31	of	of	ADP
issue-2624	54	32	schooling	schooling	NOUN
issue-2624	54	33	.	.	PUNCT
issue-2624	55	1	nevertheless	nevertheless	ADV
issue-2624	55	2	,	,	PUNCT
issue-2624	55	3	all	all	DET
issue-2624	55	4	three	three	NUM
issue-2624	55	5	countries	country	NOUN
issue-2624	55	6	are	be	AUX
issue-2624	55	7	considered	consider	VERB
issue-2624	55	8	to	to	PART
issue-2624	55	9	exhibit	exhibit	VERB
issue-2624	55	10	"	"	PUNCT
issue-2624	55	11	very	very	ADV
issue-2624	55	12	high	high	ADJ
issue-2624	55	13	"	"	PUNCT
issue-2624	55	14	levels	level	NOUN
issue-2624	55	15	of	of	ADP
issue-2624	55	16	hdi	hdi	PROPN
issue-2624	55	17	,	,	PUNCT
issue-2624	55	18	as	as	SCONJ
issue-2624	55	19	documented	document	VERB
issue-2624	55	20	by	by	ADP
issue-2624	55	21	the	the	DET
issue-2624	55	22	undp	undp	PROPN
issue-2624	55	23	(	(	PUNCT
issue-2624	55	24	2024	2024	NUM
issue-2624	55	25	)	)	PUNCT
issue-2624	55	26	.	.	PUNCT
issue-2624	56	1	in	in	ADP
issue-2624	56	2	the	the	DET
issue-2624	56	3	global	global	ADJ
issue-2624	56	4	context	context	NOUN
issue-2624	56	5	,	,	PUNCT
issue-2624	56	6	switzerland	switzerland	PROPN
issue-2624	56	7	exhibited	exhibit	VERB
issue-2624	56	8	the	the	DET
issue-2624	56	9	highest	high	ADJ
issue-2624	56	10	hdi	hdi	NOUN
issue-2624	56	11	in	in	ADP
issue-2624	56	12	2022	2022	NUM
issue-2624	56	13	,	,	PUNCT
issue-2624	56	14	with	with	ADP
issue-2624	56	15	a	a	DET
issue-2624	56	16	value	value	NOUN
issue-2624	56	17	of	of	ADP
issue-2624	56	18	0.967	0.967	NUM
issue-2624	56	19	.	.	PUNCT
issue-2624	57	1	the	the	DET
issue-2624	57	2	human	human	ADJ
issue-2624	57	3	capital	capital	PROPN
issue-2624	57	4	index	index	PROPN
issue-2624	57	5	,	,	PUNCT
issue-2624	57	6	one	one	NUM
issue-2624	57	7	of	of	ADP
issue-2624	57	8	the	the	DET
issue-2624	57	9	more	more	ADV
issue-2624	57	10	recently	recently	ADV
issue-2624	57	11	introduced	introduce	VERB
issue-2624	57	12	indicators	indicator	NOUN
issue-2624	57	13	by	by	ADP
issue-2624	57	14	the	the	DET
issue-2624	57	15	world	world	PROPN
issue-2624	57	16	bank	bank	PROPN
issue-2624	57	17	,	,	PUNCT
issue-2624	57	18	offers	offer	VERB
issue-2624	57	19	insight	insight	NOUN
issue-2624	57	20	into	into	ADP
issue-2624	57	21	the	the	DET
issue-2624	57	22	impact	impact	NOUN
issue-2624	57	23	of	of	ADP
issue-2624	57	24	health	health	NOUN
issue-2624	57	25	and	and	CCONJ
issue-2624	57	26	education	education	NOUN
issue-2624	57	27	on	on	ADP
issue-2624	57	28	the	the	DET
issue-2624	57	29	future	future	ADJ
issue-2624	57	30	productivity	productivity	NOUN
issue-2624	57	31	of	of	ADP
issue-2624	57	32	the	the	DET
issue-2624	57	33	workforce	workforce	NOUN
issue-2624	57	34	(	(	PUNCT
issue-2624	57	35	world	world	PROPN
issue-2624	57	36	bank	bank	PROPN
issue-2624	57	37	,	,	PUNCT
issue-2624	57	38	2024	2024	NUM
issue-2624	57	39	)	)	PUNCT
issue-2624	57	40	.	.	PUNCT
issue-2624	58	1	once	once	ADV
issue-2624	58	2	more	more	ADV
issue-2624	58	3	,	,	PUNCT
issue-2624	58	4	estonia	estonia	PROPN
issue-2624	58	5	demonstrates	demonstrate	VERB
issue-2624	58	6	superior	superior	ADJ
issue-2624	58	7	performance	performance	NOUN
issue-2624	58	8	and	and	CCONJ
issue-2624	58	9	is	be	AUX
issue-2624	58	10	evaluated	evaluate	VERB
issue-2624	58	11	as	as	ADP
issue-2624	58	12	allocating	allocate	VERB
issue-2624	58	13	a	a	DET
issue-2624	58	14	greater	great	ADJ
issue-2624	58	15	proportion	proportion	NOUN
issue-2624	58	16	of	of	ADP
issue-2624	58	17	resources	resource	NOUN
issue-2624	58	18	to	to	ADP
issue-2624	58	19	the	the	DET
issue-2624	58	20	advancement	advancement	NOUN
issue-2624	58	21	of	of	ADP
issue-2624	58	22	the	the	DET
issue-2624	58	23	future	future	ADJ
issue-2624	58	24	workforce	workforce	PROPN
issue-2624	58	25	's	's	PART
issue-2624	58	26	productivity	productivity	NOUN
issue-2624	58	27	.	.	PUNCT
issue-2624	59	1	to	to	PART
issue-2624	59	2	contextualise	contextualise	VERB
issue-2624	59	3	this	this	PRON
issue-2624	59	4	,	,	PUNCT
issue-2624	59	5	in	in	ADP
issue-2624	59	6	2020	2020	NUM
issue-2624	59	7	,	,	PUNCT
issue-2624	59	8	singapore	singapore	PROPN
issue-2624	59	9	recorded	record	VERB
issue-2624	59	10	the	the	DET
issue-2624	59	11	highest	high	ADJ
issue-2624	59	12	human	human	ADJ
issue-2624	59	13	capital	capital	NOUN
issue-2624	59	14	index	index	NOUN
issue-2624	59	15	(	(	PUNCT
issue-2624	59	16	hci	hci	NOUN
issue-2624	59	17	)	)	PUNCT
issue-2624	59	18	of	of	ADP
issue-2624	59	19	0.879	0.879	NUM
issue-2624	59	20	globally	globally	ADV
issue-2624	59	21	(	(	PUNCT
issue-2624	59	22	world	world	PROPN
issue-2624	59	23	bank	bank	NOUN
issue-2624	59	24	,	,	PUNCT
issue-2624	59	25	2024	2024	NUM
issue-2624	59	26	)	)	PUNCT
issue-2624	59	27	.	.	PUNCT
issue-2624	60	1	the	the	DET
issue-2624	60	2	final	final	ADJ
issue-2624	60	3	section	section	NOUN
issue-2624	60	4	of	of	ADP
issue-2624	60	5	table	table	NOUN
issue-2624	60	6	1	1	NUM
issue-2624	60	7	illustrates	illustrate	VERB
issue-2624	60	8	the	the	DET
issue-2624	60	9	proportion	proportion	NOUN
issue-2624	60	10	of	of	ADP
issue-2624	60	11	gdp	gdp	NOUN
issue-2624	60	12	contributed	contribute	VERB
issue-2624	60	13	by	by	ADP
issue-2624	60	14	different	different	ADJ
issue-2624	60	15	economic	economic	ADJ
issue-2624	60	16	sectors	sector	NOUN
issue-2624	60	17	in	in	ADP
issue-2624	60	18	each	each	DET
issue-2624	60	19	country	country	NOUN
issue-2624	60	20	.	.	PUNCT
issue-2624	61	1	it	it	PRON
issue-2624	61	2	is	be	AUX
issue-2624	61	3	evident	evident	ADJ
issue-2624	61	4	that	that	SCONJ
issue-2624	61	5	the	the	DET
issue-2624	61	6	three	three	NUM
issue-2624	61	7	baltic	baltic	ADJ
issue-2624	61	8	economies	economy	NOUN
issue-2624	61	9	exhibit	exhibit	VERB
issue-2624	61	10	a	a	DET
issue-2624	61	11	high	high	ADJ
issue-2624	61	12	degree	degree	NOUN
issue-2624	61	13	of	of	ADP
issue-2624	61	14	similarity	similarity	NOUN
issue-2624	61	15	.	.	PUNCT
issue-2624	62	1	in	in	ADP
issue-2624	62	2	all	all	DET
issue-2624	62	3	three	three	NUM
issue-2624	62	4	cases	case	NOUN
issue-2624	62	5	,	,	PUNCT
issue-2624	62	6	the	the	DET
issue-2624	62	7	contribution	contribution	NOUN
issue-2624	62	8	of	of	ADP
issue-2624	62	9	services	service	NOUN
issue-2624	62	10	to	to	ADP
issue-2624	62	11	gdp	gdp	NOUN
issue-2624	62	12	is	be	AUX
issue-2624	62	13	approximately	approximately	ADV
issue-2624	62	14	60	60	NUM
issue-2624	62	15	%	%	NOUN
issue-2624	62	16	.	.	PUNCT
issue-2624	63	1	the	the	DET
issue-2624	63	2	next	next	ADJ
issue-2624	63	3	largest	large	ADJ
issue-2624	63	4	contributor	contributor	NOUN
issue-2624	63	5	is	be	AUX
issue-2624	63	6	the	the	DET
issue-2624	63	7	industrial	industrial	ADJ
issue-2624	63	8	sector	sector	NOUN
issue-2624	63	9	,	,	PUNCT
issue-2624	63	10	which	which	PRON
issue-2624	63	11	accounts	account	VERB
issue-2624	63	12	for	for	ADP
issue-2624	63	13	approximately	approximately	ADV
issue-2624	63	14	20	20	NUM
issue-2624	63	15	%	%	NOUN
issue-2624	63	16	of	of	ADP
issue-2624	63	17	gdp	gdp	NOUN
issue-2624	63	18	.	.	PUNCT
issue-2624	64	1	the	the	DET
issue-2624	64	2	manufacturing	manufacturing	NOUN
issue-2624	64	3	sector	sector	NOUN
issue-2624	64	4	contributes	contribute	VERB
issue-2624	64	5	a	a	DET
issue-2624	64	6	slightly	slightly	ADV
issue-2624	64	7	larger	large	ADJ
issue-2624	64	8	share	share	NOUN
issue-2624	64	9	,	,	PUNCT
issue-2624	64	10	around	around	ADV
issue-2624	64	11	13	13	NUM
issue-2624	64	12	%	%	NOUN
issue-2624	64	13	.	.	PUNCT
issue-2624	65	1	the	the	DET
issue-2624	65	2	agricultural	agricultural	ADJ
issue-2624	65	3	,	,	PUNCT
issue-2624	65	4	forestry	forestry	NOUN
issue-2624	65	5	,	,	PUNCT
issue-2624	65	6	and	and	CCONJ
issue-2624	65	7	fishing	fishing	NOUN
issue-2624	65	8	sectors	sector	NOUN
issue-2624	65	9	collectively	collectively	ADV
issue-2624	65	10	account	account	VERB
issue-2624	65	11	for	for	ADP
issue-2624	65	12	the	the	DET
issue-2624	65	13	smallest	small	ADJ
issue-2624	65	14	share	share	NOUN
issue-2624	65	15	of	of	ADP
issue-2624	65	16	gdp	gdp	NOUN
issue-2624	65	17	,	,	PUNCT
issue-2624	65	18	at	at	ADP
issue-2624	65	19	approximately	approximately	ADV
issue-2624	65	20	3	3	NUM
issue-2624	65	21	%	%	NOUN
issue-2624	65	22	.	.	PUNCT
issue-2624	66	1	in	in	ADP
issue-2624	66	2	a	a	DET
issue-2624	66	3	study	study	NOUN
issue-2624	66	4	published	publish	VERB
issue-2624	66	5	in	in	ADP
issue-2624	66	6	2011	2011	NUM
issue-2624	66	7	,	,	PUNCT
issue-2624	66	8	vanags	vanag	NOUN
issue-2624	66	9	examined	examine	VERB
issue-2624	66	10	the	the	DET
issue-2624	66	11	economic	economic	ADJ
issue-2624	66	12	integration	integration	NOUN
issue-2624	66	13	of	of	ADP
issue-2624	66	14	the	the	DET
issue-2624	66	15	baltic	baltic	ADJ
issue-2624	66	16	region	region	NOUN
issue-2624	66	17	following	follow	VERB
issue-2624	66	18	its	its	PRON
issue-2624	66	19	accession	accession	NOUN
issue-2624	66	20	to	to	ADP
issue-2624	66	21	the	the	DET
issue-2624	66	22	european	european	PROPN
issue-2624	66	23	union	union	PROPN
issue-2624	66	24	.	.	PUNCT
issue-2624	67	1	a	a	DET
issue-2624	67	2	review	review	NOUN
issue-2624	67	3	of	of	ADP
issue-2624	67	4	trade	trade	NOUN
issue-2624	67	5	data	datum	NOUN
issue-2624	67	6	from	from	ADP
issue-2624	67	7	2008	2008	NUM
issue-2624	67	8	revealed	reveal	VERB
issue-2624	67	9	an	an	DET
issue-2624	67	10	increase	increase	NOUN
issue-2624	67	11	in	in	ADP
issue-2624	67	12	the	the	DET
issue-2624	67	13	level	level	NOUN
issue-2624	67	14	of	of	ADP
issue-2624	67	15	trade	trade	NOUN
issue-2624	67	16	integration	integration	NOUN
issue-2624	67	17	among	among	ADP
issue-2624	67	18	the	the	DET
issue-2624	67	19	three	three	NUM
issue-2624	67	20	baltic	baltic	ADJ
issue-2624	67	21	countries	country	NOUN
issue-2624	67	22	.	.	PUNCT
issue-2624	68	1	however	however	ADV
issue-2624	68	2	,	,	PUNCT
issue-2624	68	3	an	an	DET
issue-2624	68	4	analysis	analysis	NOUN
issue-2624	68	5	of	of	ADP
issue-2624	68	6	the	the	DET
issue-2624	68	7	structure	structure	NOUN
issue-2624	68	8	of	of	ADP
issue-2624	68	9	trade	trade	NOUN
issue-2624	68	10	with	with	ADP
issue-2624	68	11	the	the	DET
issue-2624	68	12	rest	rest	NOUN
issue-2624	68	13	of	of	ADP
issue-2624	68	14	europe	europe	PROPN
issue-2624	68	15	shows	show	VERB
issue-2624	68	16	that	that	SCONJ
issue-2624	68	17	exports	export	NOUN
issue-2624	68	18	from	from	ADP
issue-2624	68	19	latvia	latvia	PROPN
issue-2624	68	20	and	and	CCONJ
issue-2624	68	21	lithuania	lithuania	PROPN
issue-2624	68	22	are	be	AUX
issue-2624	68	23	increasingly	increasingly	ADV
issue-2624	68	24	destined	destine	VERB
issue-2624	68	25	for	for	ADP
issue-2624	68	26	eastern	eastern	PROPN
issue-2624	68	27	europe	europe	PROPN
issue-2624	68	28	,	,	PUNCT
issue-2624	68	29	while	while	SCONJ
issue-2624	68	30	estonia	estonia	PROPN
issue-2624	68	31	continues	continue	VERB
issue-2624	68	32	to	to	PART
issue-2624	68	33	export	export	VERB
issue-2624	68	34	mainly	mainly	ADV
issue-2624	68	35	to	to	ADP
issue-2624	68	36	eastern	eastern	PROPN
issue-2624	68	37	europe	europe	PROPN
issue-2624	68	38	.	.	PUNCT
issue-2624	69	1	in	in	ADP
issue-2624	69	2	their	their	PRON
issue-2624	69	3	study	study	NOUN
issue-2624	69	4	of	of	ADP
issue-2624	69	5	the	the	DET
issue-2624	69	6	baltic	baltic	ADJ
issue-2624	69	7	stock	stock	NOUN
issue-2624	69	8	markets	market	NOUN
issue-2624	69	9	,	,	PUNCT
issue-2624	69	10	aleknevičienė	aleknevičienė	NOUN
issue-2624	69	11	,	,	PUNCT
issue-2624	69	12	klasauskaitė	klasauskaitė	NOUN
issue-2624	69	13	and	and	CCONJ
issue-2624	69	14	aleknevičiūtė	aleknevičiūtė	NOUN
issue-2624	69	15	(	(	PUNCT
issue-2624	69	16	2022	2022	NUM
issue-2624	69	17	)	)	PUNCT
issue-2624	69	18	identified	identify	VERB
issue-2624	69	19	calendar	calendar	NOUN
issue-2624	69	20	anomalies	anomaly	NOUN
issue-2624	69	21	in	in	ADP
issue-2624	69	22	all	all	DET
issue-2624	69	23	three	three	NUM
issue-2624	69	24	exchanges	exchange	NOUN
issue-2624	69	25	.	.	PUNCT
issue-2624	70	1	however	however	ADV
issue-2624	70	2	,	,	PUNCT
issue-2624	70	3	the	the	DET
issue-2624	70	4	monday	monday	PROPN
issue-2624	70	5	effect	effect	NOUN
issue-2624	70	6	was	be	AUX
issue-2624	70	7	only	only	ADV
issue-2624	70	8	observed	observe	VERB
issue-2624	70	9	to	to	PART
issue-2624	70	10	have	have	VERB
issue-2624	70	11	a	a	DET
issue-2624	70	12	negative	negative	ADJ
issue-2624	70	13	and	and	CCONJ
issue-2624	70	14	significant	significant	ADJ
issue-2624	70	15	impact	impact	NOUN
issue-2624	70	16	on	on	ADP
issue-2624	70	17	the	the	DET
issue-2624	70	18	markets	market	NOUN
issue-2624	70	19	of	of	ADP
issue-2624	70	20	latvia	latvia	PROPN
issue-2624	70	21	and	and	CCONJ
issue-2624	70	22	lithuania	lithuania	PROPN
issue-2624	70	23	,	,	PUNCT
issue-2624	70	24	and	and	CCONJ
issue-2624	70	25	not	not	PART
issue-2624	70	26	on	on	ADP
issue-2624	70	27	those	those	PRON
issue-2624	70	28	of	of	ADP
issue-2624	70	29	estonia	estonia	PROPN
issue-2624	70	30	.	.	PUNCT
issue-2624	71	1	2.2	2.2	NUM
issue-2624	71	2	stock	stock	NOUN
issue-2624	71	3	market	market	NOUN
issue-2624	71	4	the	the	DET
issue-2624	71	5	stock	stock	NOUN
issue-2624	71	6	exchanges	exchange	NOUN
issue-2624	71	7	of	of	ADP
issue-2624	71	8	lithuania	lithuania	PROPN
issue-2624	71	9	,	,	PUNCT
issue-2624	71	10	latvia	latvia	PROPN
issue-2624	71	11	and	and	CCONJ
issue-2624	71	12	estonia	estonia	PROPN
issue-2624	71	13	were	be	AUX
issue-2624	71	14	established	establish	VERB
issue-2624	71	15	shortly	shortly	ADV
issue-2624	71	16	after	after	SCONJ
issue-2624	71	17	the	the	DET
issue-2624	71	18	countries	country	NOUN
issue-2624	71	19	gained	gain	VERB
issue-2624	71	20	their	their	PRON
issue-2624	71	21	independence	independence	NOUN
issue-2624	71	22	(	(	PUNCT
issue-2624	71	23	maneschiöld	maneschiöld	NOUN
issue-2624	71	24	,	,	PUNCT
issue-2624	71	25	2006	2006	NUM
issue-2624	71	26	)	)	PUNCT
issue-2624	71	27	.	.	PUNCT
issue-2624	72	1	it	it	PRON
issue-2624	72	2	is	be	AUX
issue-2624	72	3	widely	widely	ADV
issue-2624	72	4	accepted	accept	VERB
issue-2624	72	5	that	that	SCONJ
issue-2624	72	6	the	the	DET
issue-2624	72	7	stock	stock	NOUN
issue-2624	72	8	market	market	NOUN
issue-2624	72	9	of	of	ADP
issue-2624	72	10	a	a	DET
issue-2624	72	11	country	country	NOUN
issue-2624	72	12	should	should	AUX
issue-2624	72	13	reflect	reflect	VERB
issue-2624	72	14	the	the	DET
issue-2624	72	15	composition	composition	NOUN
issue-2624	72	16	and	and	CCONJ
issue-2624	72	17	trends	trend	NOUN
issue-2624	72	18	of	of	ADP
issue-2624	72	19	the	the	DET
issue-2624	72	20	underlying	underlie	VERB
issue-2624	72	21	macroeconomy	macroeconomy	NOUN
issue-2624	72	22	.	.	PUNCT
issue-2624	73	1	table	table	NOUN
issue-2624	73	2	2	2	NUM
issue-2624	73	3	provides	provide	VERB
issue-2624	73	4	a	a	DET
issue-2624	73	5	summary	summary	NOUN
issue-2624	73	6	of	of	ADP
issue-2624	73	7	the	the	DET
issue-2624	73	8	key	key	ADJ
issue-2624	73	9	characteristics	characteristic	NOUN
issue-2624	73	10	of	of	ADP
issue-2624	73	11	the	the	DET
issue-2624	73	12	three	three	NUM
issue-2624	73	13	stock	stock	NOUN
issue-2624	73	14	markets	market	NOUN
issue-2624	73	15	.	.	PUNCT
issue-2624	74	1	the	the	DET
issue-2624	74	2	tallinn	tallinn	PROPN
issue-2624	74	3	stock	stock	PROPN
issue-2624	74	4	exchange	exchange	PROPN
issue-2624	74	5	in	in	ADP
issue-2624	74	6	estonia	estonia	PROPN
issue-2624	74	7	is	be	AUX
issue-2624	74	8	represented	represent	VERB
issue-2624	74	9	by	by	ADP
issue-2624	74	10	the	the	DET
issue-2624	74	11	omx	omx	PROPN
issue-2624	74	12	tallinn	tallinn	PROPN
issue-2624	74	13	all	all	PRON
issue-2624	74	14	share	share	VERB
issue-2624	74	15	gross	gross	ADJ
issue-2624	74	16	index	index	NOUN
issue-2624	74	17	(	(	PUNCT
issue-2624	74	18	omxtgi	omxtgi	PROPN
issue-2624	74	19	)	)	PUNCT
issue-2624	74	20	,	,	PUNCT
issue-2624	74	21	the	the	DET
issue-2624	74	22	vilnius	vilnius	PROPN
issue-2624	74	23	stock	stock	NOUN
issue-2624	74	24	exchange	exchange	PROPN
issue-2624	74	25	in	in	ADP
issue-2624	74	26	lithuania	lithuania	PROPN
issue-2624	74	27	by	by	ADP
issue-2624	74	28	the	the	DET
issue-2624	74	29	omx	omx	PROPN
issue-2624	74	30	vilnius	vilnius	PROPN
issue-2624	74	31	all	all	DET
issue-2624	74	32	share	share	VERB
issue-2624	74	33	gross	gross	ADJ
issue-2624	74	34	index	index	NOUN
issue-2624	74	35	(	(	PUNCT
issue-2624	74	36	omxvgi	omxvgi	PROPN
issue-2624	74	37	)	)	PUNCT
issue-2624	74	38	and	and	CCONJ
issue-2624	74	39	the	the	DET
issue-2624	74	40	riga	riga	PROPN
issue-2624	74	41	stock	stock	NOUN
issue-2624	74	42	exchange	exchange	NOUN
issue-2624	74	43	in	in	ADP
issue-2624	74	44	latvia	latvia	PROPN
issue-2624	74	45	by	by	ADP
issue-2624	74	46	the	the	DET
issue-2624	74	47	omx	omx	PROPN
issue-2624	74	48	riga	riga	PROPN
issue-2624	74	49	all	all	DET
issue-2624	74	50	share	share	VERB
issue-2624	74	51	gross	gross	ADJ
issue-2624	74	52	index	index	NOUN
issue-2624	74	53	(	(	PUNCT
issue-2624	74	54	omxrgi	omxrgi	ADJ
issue-2624	74	55	)	)	PUNCT
issue-2624	74	56	.	.	PUNCT
issue-2624	75	1	despite	despite	SCONJ
issue-2624	75	2	the	the	DET
issue-2624	75	3	fact	fact	NOUN
issue-2624	75	4	that	that	SCONJ
issue-2624	75	5	estonia	estonia	PROPN
issue-2624	75	6	's	's	PART
issue-2624	75	7	economy	economy	NOUN
issue-2624	75	8	is	be	AUX
issue-2624	75	9	the	the	DET
issue-2624	75	10	smallest	small	ADJ
issue-2624	75	11	of	of	ADP
issue-2624	75	12	the	the	DET
issue-2624	75	13	three	three	NUM
issue-2624	75	14	,	,	PUNCT
issue-2624	75	15	the	the	DET
issue-2624	75	16	estonian	estonian	ADJ
issue-2624	75	17	stock	stock	NOUN
issue-2624	75	18	exchange	exchange	NOUN
issue-2624	75	19	had	have	VERB
issue-2624	75	20	the	the	DET
issue-2624	75	21	highest	high	ADJ
issue-2624	75	22	market	market	NOUN
issue-2624	75	23	capitalisation	capitalisation	NOUN
issue-2624	75	24	at	at	ADP
issue-2624	75	25	the	the	DET
issue-2624	75	26	beginning	beginning	NOUN
issue-2624	75	27	of	of	ADP
issue-2624	75	28	2024	2024	NUM
issue-2624	75	29	,	,	PUNCT
issue-2624	75	30	at	at	ADP
issue-2624	75	31	5.2	5.2	NUM
issue-2624	75	32	billion	billion	NUM
issue-2624	75	33	eur	eur	NOUN
issue-2624	75	34	(	(	PUNCT
issue-2624	75	35	nasdaq	nasdaq	PROPN
issue-2624	75	36	2024	2024	NUM
issue-2624	75	37	)	)	PUNCT
issue-2624	75	38	.	.	PUNCT
issue-2624	76	1	lithuania	lithuania	PROPN
issue-2624	76	2	's	's	PART
issue-2624	76	3	market	market	NOUN
issue-2624	76	4	capitalisation	capitalisation	NOUN
issue-2624	76	5	was	be	AUX
issue-2624	76	6	slightly	slightly	ADV
issue-2624	76	7	lower	low	ADJ
issue-2624	76	8	at	at	ADP
issue-2624	76	9	5.1	5.1	NUM
issue-2624	76	10	billion	billion	NUM
issue-2624	76	11	eur	eur	NOUN
issue-2624	76	12	and	and	CCONJ
issue-2624	76	13	the	the	DET
issue-2624	76	14	latvian	latvian	ADJ
issue-2624	76	15	stock	stock	NOUN
issue-2624	76	16	exchange	exchange	NOUN
issue-2624	76	17	was	be	AUX
issue-2624	76	18	only	only	ADV
issue-2624	76	19	0.6	0.6	NUM
issue-2624	76	20	billion	billion	NUM
issue-2624	76	21	eur	eur	ADJ
issue-2624	76	22	.	.	PUNCT
issue-2624	76	23	table	table	NOUN
issue-2624	76	24	1	1	NUM
issue-2624	76	25	shows	show	VERB
issue-2624	76	26	that	that	SCONJ
issue-2624	76	27	the	the	DET
issue-2624	76	28	gdp	gdp	NOUN
issue-2624	76	29	of	of	ADP
issue-2624	76	30	estonia	estonia	PROPN
issue-2624	76	31	and	and	CCONJ
issue-2624	76	32	latvia	latvia	PROPN
issue-2624	76	33	was	be	AUX
issue-2624	76	34	almost	almost	ADV
issue-2624	76	35	the	the	DET
issue-2624	76	36	same	same	ADJ
issue-2624	76	37	in	in	ADP
issue-2624	76	38	2020	2020	NUM
issue-2624	76	39	.	.	PUNCT
issue-2624	77	1	it	it	PRON
issue-2624	77	2	is	be	AUX
issue-2624	77	3	therefore	therefore	ADV
issue-2624	77	4	somewhat	somewhat	ADV
issue-2624	77	5	surprising	surprising	ADJ
issue-2624	77	6	that	that	SCONJ
issue-2624	77	7	the	the	DET
issue-2624	77	8	market	market	NOUN
issue-2624	77	9	capitalisation	capitalisation	NOUN
issue-2624	77	10	of	of	ADP
issue-2624	77	11	the	the	DET
issue-2624	77	12	estonian	estonian	ADJ
issue-2624	77	13	stock	stock	NOUN
issue-2624	77	14	exchange	exchange	NOUN
issue-2624	77	15	is	be	AUX
issue-2624	77	16	8.6	8.6	NUM
issue-2624	77	17	times	time	NOUN
issue-2624	77	18	higher	high	ADJ
issue-2624	77	19	than	than	ADP
issue-2624	77	20	that	that	PRON
issue-2624	77	21	of	of	ADP
issue-2624	77	22	latvia	latvia	PROPN
issue-2624	77	23	.	.	PUNCT
issue-2624	78	1	in	in	ADP
issue-2624	78	2	2024	2024	NUM
issue-2624	78	3	,	,	PUNCT
issue-2624	78	4	omxvgi	omxvgi	PROPN
issue-2624	78	5	had	have	VERB
issue-2624	78	6	25	25	NUM
issue-2624	78	7	listings	listing	NOUN
issue-2624	78	8	,	,	PUNCT
issue-2624	78	9	omxtgi	omxtgi	ADV
issue-2624	78	10	20	20	NUM
issue-2624	78	11	and	and	CCONJ
issue-2624	78	12	omxrgi	omxrgi	ADJ
issue-2624	78	13	only	only	ADV
issue-2624	78	14	13	13	NUM
issue-2624	78	15	.	.	PUNCT
issue-2624	79	1	according	accord	VERB
issue-2624	79	2	to	to	ADP
issue-2624	79	3	the	the	DET
issue-2624	79	4	percentages	percentage	NOUN
issue-2624	79	5	shown	show	VERB
issue-2624	79	6	in	in	ADP
issue-2624	79	7	table	table	NOUN
issue-2624	79	8	1	1	NUM
issue-2624	79	9	,	,	PUNCT
issue-2624	79	10	the	the	DET
issue-2624	79	11	sectoral	sectoral	ADJ
issue-2624	79	12	contributions	contribution	NOUN
issue-2624	79	13	to	to	ADP
issue-2624	79	14	gdp	gdp	NOUN
issue-2624	79	15	in	in	ADP
issue-2624	79	16	the	the	DET
issue-2624	79	17	three	three	NUM
issue-2624	79	18	countries	country	NOUN
issue-2624	79	19	are	be	AUX
issue-2624	79	20	relatively	relatively	ADV
issue-2624	79	21	similar	similar	ADJ
issue-2624	79	22	.	.	PUNCT
issue-2624	80	1	the	the	DET
issue-2624	80	2	sectoral	sectoral	ADJ
issue-2624	80	3	breakdown	breakdown	NOUN
issue-2624	80	4	of	of	ADP
issue-2624	80	5	the	the	DET
issue-2624	80	6	three	three	NUM
issue-2624	80	7	stock	stock	NOUN
issue-2624	80	8	markets	market	NOUN
issue-2624	80	9	shows	show	VERB
issue-2624	80	10	a	a	DET
issue-2624	80	11	different	different	ADJ
issue-2624	80	12	picture	picture	NOUN
issue-2624	80	13	.	.	PUNCT
issue-2624	81	1	utilities	utility	NOUN
issue-2624	81	2	,	,	PUNCT
issue-2624	81	3	the	the	DET
issue-2624	81	4	largest	large	ADJ
issue-2624	81	5	contributor	contributor	NOUN
issue-2624	81	6	,	,	PUNCT
issue-2624	81	7	accounts	account	VERB
issue-2624	81	8	for	for	ADP
issue-2624	81	9	more	more	ADJ
issue-2624	81	10	than	than	ADP
issue-2624	81	11	half	half	NOUN
issue-2624	81	12	of	of	ADP
issue-2624	81	13	the	the	DET
issue-2624	81	14	market	market	NOUN
issue-2624	81	15	capitalisation	capitalisation	NOUN
issue-2624	81	16	in	in	ADP
issue-2624	81	17	latvia	latvia	PROPN
issue-2624	81	18	and	and	CCONJ
issue-2624	81	19	almost	almost	ADV
issue-2624	81	20	a	a	PRON
issue-2624	81	21	third	third	NOUN
issue-2624	81	22	in	in	ADP
issue-2624	81	23	lithuania	lithuania	PROPN
issue-2624	81	24	.	.	PUNCT
issue-2624	82	1	although	although	SCONJ
issue-2624	82	2	utilities	utility	NOUN
issue-2624	82	3	also	also	ADV
issue-2624	82	4	contribute	contribute	VERB
issue-2624	82	5	25	25	NUM
issue-2624	82	6	%	%	NOUN
issue-2624	82	7	to	to	ADP
issue-2624	82	8	the	the	DET
issue-2624	82	9	estonia	estonia	PROPN
issue-2624	82	10	stock	stock	PROPN
issue-2624	82	11	exchange	exchange	PROPN
issue-2624	82	12	,	,	PUNCT
issue-2624	82	13	financials	financial	NOUN
issue-2624	82	14	are	be	AUX
issue-2624	82	15	the	the	DET
issue-2624	82	16	main	main	ADJ
issue-2624	82	17	contributor	contributor	NOUN
issue-2624	82	18	here	here	ADV
issue-2624	82	19	.	.	PUNCT
issue-2624	83	1	consumer	consumer	NOUN
issue-2624	83	2	discretionary	discretionary	ADJ
issue-2624	83	3	accounts	account	NOUN
issue-2624	83	4	for	for	ADP
issue-2624	83	5	24	24	NUM
issue-2624	83	6	%	%	NOUN
issue-2624	83	7	in	in	ADP
issue-2624	83	8	estonia	estonia	PROPN
issue-2624	83	9	compared	compare	VERB
issue-2624	83	10	to	to	ADP
issue-2624	83	11	only	only	ADV
issue-2624	83	12	6	6	NUM
issue-2624	83	13	%	%	NOUN
issue-2624	83	14	in	in	ADP
issue-2624	83	15	lithuania	lithuania	PROPN
issue-2624	83	16	and	and	CCONJ
issue-2624	83	17	none	none	NOUN
issue-2624	83	18	in	in	ADP
issue-2624	83	19	latvia	latvia	PROPN
issue-2624	83	20	.	.	PUNCT
issue-2624	84	1	another	another	DET
issue-2624	84	2	noticeable	noticeable	ADJ
issue-2624	84	3	difference	difference	NOUN
issue-2624	84	4	is	be	AUX
issue-2624	84	5	that	that	SCONJ
issue-2624	84	6	telecommunications	telecommunication	NOUN
issue-2624	84	7	is	be	AUX
issue-2624	84	8	relatively	relatively	ADV
issue-2624	84	9	important	important	ADJ
issue-2624	84	10	in	in	ADP
issue-2624	84	11	lithuania	lithuania	PROPN
issue-2624	84	12	and	and	CCONJ
issue-2624	84	13	not	not	PART
issue-2624	84	14	so	so	ADV
issue-2624	84	15	in	in	ADP
issue-2624	84	16	the	the	DET
issue-2624	84	17	other	other	ADJ
issue-2624	84	18	two	two	NUM
issue-2624	84	19	.	.	PUNCT
issue-2624	85	1	2.3	2.3	NUM
issue-2624	85	2	capital	capital	NOUN
issue-2624	85	3	flow	flow	NOUN
issue-2624	85	4	sources	source	NOUN
issue-2624	85	5	as	as	ADP
issue-2624	85	6	a	a	DET
issue-2624	85	7	final	final	ADJ
issue-2624	85	8	attempt	attempt	NOUN
issue-2624	85	9	to	to	PART
issue-2624	85	10	provide	provide	VERB
issue-2624	85	11	some	some	DET
issue-2624	85	12	background	background	NOUN
issue-2624	85	13	to	to	ADP
issue-2624	85	14	the	the	DET
issue-2624	85	15	question	question	NOUN
issue-2624	85	16	at	at	ADP
issue-2624	85	17	hand	hand	NOUN
issue-2624	85	18	,	,	PUNCT
issue-2624	85	19	the	the	DET
issue-2624	85	20	origin	origin	NOUN
issue-2624	85	21	investment	investment	NOUN
issue-2624	85	22	in	in	ADP
issue-2624	85	23	the	the	DET
issue-2624	85	24	three	three	NUM
issue-2624	85	25	countries	country	NOUN
issue-2624	85	26	is	be	AUX
issue-2624	85	27	identified	identify	VERB
issue-2624	85	28	.	.	PUNCT
issue-2624	86	1	the	the	DET
issue-2624	86	2	imf	imf	PROPN
issue-2624	86	3	regularly	regularly	ADV
issue-2624	86	4	conducts	conduct	VERB
issue-2624	86	5	its	its	PRON
issue-2624	86	6	coordinated	coordinated	ADJ
issue-2624	86	7	portfolio	portfolio	NOUN
issue-2624	86	8	investment	investment	NOUN
issue-2624	86	9	survey	survey	NOUN
issue-2624	86	10	(	(	PUNCT
issue-2624	86	11	cpis	cpis	ADJ
issue-2624	86	12	)	)	PUNCT
issue-2624	86	13	.	.	PUNCT
issue-2624	87	1	the	the	DET
issue-2624	87	2	data	datum	NOUN
issue-2624	87	3	are	be	AUX
issue-2624	87	4	compiled	compile	VERB
issue-2624	87	5	from	from	ADP
issue-2624	87	6	a	a	DET
issue-2624	87	7	survey	survey	NOUN
issue-2624	87	8	of	of	ADP
issue-2624	87	9	portfolio	portfolio	NOUN
issue-2624	87	10	holdings	holding	NOUN
issue-2624	87	11	by	by	ADP
issue-2624	87	12	non	non	NOUN
issue-2624	87	13	-	-	NOUN
issue-2624	87	14	residents	resident	NOUN
issue-2624	87	15	.	.	PUNCT
issue-2624	88	1	this	this	PRON
issue-2624	88	2	allows	allow	VERB
issue-2624	88	3	the	the	DET
issue-2624	88	4	imf	imf	PROPN
issue-2624	88	5	to	to	PART
issue-2624	88	6	identify	identify	VERB
issue-2624	88	7	which	which	DET
issue-2624	88	8	investors	investor	NOUN
issue-2624	88	9	from	from	ADP
issue-2624	88	10	which	which	PRON
issue-2624	88	11	country	country	NOUN
issue-2624	88	12	are	be	AUX
issue-2624	88	13	investing	invest	VERB
issue-2624	88	14	in	in	ADP
issue-2624	88	15	a	a	DET
issue-2624	88	16	particular	particular	ADJ
issue-2624	88	17	country	country	NOUN
issue-2624	88	18	.	.	PUNCT
issue-2624	89	1	the	the	DET
issue-2624	89	2	percentages	percentage	NOUN
issue-2624	89	3	presented	present	VERB
issue-2624	89	4	in	in	ADP
issue-2624	89	5	table	table	NOUN
issue-2624	89	6	3	3	NUM
issue-2624	89	7	have	have	AUX
issue-2624	89	8	been	be	AUX
issue-2624	89	9	calculated	calculate	VERB
issue-2624	89	10	with	with	ADP
issue-2624	89	11	this	this	DET
issue-2624	89	12	survey	survey	NOUN
issue-2624	89	13	as	as	ADP
issue-2624	89	14	a	a	DET
issue-2624	89	15	basis	basis	NOUN
issue-2624	89	16	,	,	PUNCT
issue-2624	89	17	particularly	particularly	ADV
issue-2624	89	18	with	with	ADP
issue-2624	89	19	regard	regard	NOUN
issue-2624	89	20	baltic	baltic	PROPN
issue-2624	89	21	journal	journal	PROPN
issue-2624	89	22	of	of	ADP
issue-2624	89	23	economic	economic	ADJ
issue-2624	89	24	studies	study	NOUN
issue-2624	89	25	23	23	NUM
issue-2624	89	26	vol	vol	NOUN
issue-2624	89	27	.	.	PUNCT
issue-2624	90	1	10	10	NUM
issue-2624	90	2	no	no	NOUN
issue-2624	90	3	.	.	NOUN
issue-2624	90	4	5	5	NUM
issue-2624	90	5	,	,	PUNCT
issue-2624	90	6	2024	2024	NUM
issue-2624	90	7	to	to	ADP
issue-2624	90	8	the	the	DET
issue-2624	90	9	stock	stock	NOUN
issue-2624	90	10	of	of	ADP
issue-2624	90	11	non	non	ADJ
issue-2624	90	12	-	-	ADJ
issue-2624	90	13	residents	resident	NOUN
issue-2624	90	14	'	'	PART
issue-2624	90	15	holdings	holding	NOUN
issue-2624	90	16	of	of	ADP
issue-2624	90	17	estonian/	estonian/	NUM
issue-2624	90	18	latvian	latvian	ADJ
issue-2624	90	19	/	/	SYM
issue-2624	90	20	lithuanian	lithuanian	ADJ
issue-2624	90	21	equity	equity	NOUN
issue-2624	90	22	and	and	CCONJ
issue-2624	90	23	investment	investment	NOUN
issue-2624	90	24	fund	fund	NOUN
issue-2624	90	25	shares	share	NOUN
issue-2624	90	26	.	.	PUNCT
issue-2624	91	1	the	the	DET
issue-2624	91	2	table	table	NOUN
issue-2624	91	3	illustrates	illustrate	VERB
issue-2624	91	4	the	the	DET
issue-2624	91	5	percentage	percentage	NOUN
issue-2624	91	6	of	of	ADP
issue-2624	91	7	the	the	DET
issue-2624	91	8	total	total	ADJ
issue-2624	91	9	investments	investment	NOUN
issue-2624	91	10	in	in	ADP
issue-2624	91	11	equity	equity	NOUN
issue-2624	91	12	and	and	CCONJ
issue-2624	91	13	investment	investment	NOUN
issue-2624	91	14	fund	fund	NOUN
issue-2624	91	15	shares	share	NOUN
issue-2624	91	16	at	at	ADP
issue-2624	91	17	the	the	DET
issue-2624	91	18	end	end	NOUN
issue-2624	91	19	of	of	ADP
issue-2624	91	20	december	december	PROPN
issue-2624	91	21	in	in	ADP
issue-2624	91	22	the	the	DET
issue-2624	91	23	specific	specific	ADJ
issue-2624	91	24	year	year	NOUN
issue-2624	91	25	held	hold	VERB
issue-2624	91	26	by	by	ADP
issue-2624	91	27	investors	investor	NOUN
issue-2624	91	28	from	from	ADP
issue-2624	91	29	the	the	DET
issue-2624	91	30	various	various	ADJ
issue-2624	91	31	countries	country	NOUN
issue-2624	91	32	.	.	PUNCT
issue-2624	92	1	the	the	DET
issue-2624	92	2	calculated	calculated	ADJ
issue-2624	92	3	values	value	NOUN
issue-2624	92	4	presented	present	VERB
issue-2624	92	5	in	in	ADP
issue-2624	92	6	table	table	NOUN
issue-2624	92	7	3	3	NUM
issue-2624	92	8	offer	offer	VERB
issue-2624	92	9	a	a	DET
issue-2624	92	10	general	general	ADJ
issue-2624	92	11	indication	indication	NOUN
issue-2624	92	12	of	of	ADP
issue-2624	92	13	the	the	DET
issue-2624	92	14	extent	extent	NOUN
issue-2624	92	15	to	to	PART
issue-2624	92	16	which	which	PRON
issue-2624	92	17	countries	country	NOUN
issue-2624	92	18	invest	invest	VERB
issue-2624	92	19	in	in	ADP
issue-2624	92	20	the	the	DET
issue-2624	92	21	shares	share	NOUN
issue-2624	92	22	of	of	ADP
issue-2624	92	23	the	the	DET
issue-2624	92	24	three	three	NUM
issue-2624	92	25	baltic	baltic	ADJ
issue-2624	92	26	countries	country	NOUN
issue-2624	92	27	.	.	PUNCT
issue-2624	93	1	nevertheless	nevertheless	ADV
issue-2624	93	2	,	,	PUNCT
issue-2624	93	3	it	it	PRON
issue-2624	93	4	does	do	AUX
issue-2624	93	5	not	not	PART
issue-2624	93	6	represent	represent	VERB
issue-2624	93	7	the	the	DET
issue-2624	93	8	actual	actual	ADJ
issue-2624	93	9	situation	situation	NOUN
issue-2624	93	10	in	in	ADP
issue-2624	93	11	an	an	DET
issue-2624	93	12	exact	exact	ADJ
issue-2624	93	13	manner	manner	NOUN
issue-2624	93	14	.	.	PUNCT
issue-2624	94	1	in	in	ADP
issue-2624	94	2	certain	certain	ADJ
issue-2624	94	3	instances	instance	NOUN
issue-2624	94	4	,	,	PUNCT
issue-2624	94	5	the	the	DET
issue-2624	94	6	values	value	NOUN
issue-2624	94	7	in	in	ADP
issue-2624	94	8	question	question	NOUN
issue-2624	94	9	were	be	AUX
issue-2624	94	10	withheld	withhold	VERB
issue-2624	94	11	by	by	ADP
issue-2624	94	12	the	the	DET
issue-2624	94	13	reporting	reporting	NOUN
issue-2624	94	14	economy	economy	NOUN
issue-2624	94	15	in	in	ADP
issue-2624	94	16	order	order	NOUN
issue-2624	94	17	to	to	PART
issue-2624	94	18	safeguard	safeguard	VERB
issue-2624	94	19	confidentiality	confidentiality	NOUN
issue-2624	94	20	(	(	PUNCT
issue-2624	94	21	imf	imf	PROPN
issue-2624	94	22	,	,	PUNCT
issue-2624	94	23	2024	2024	NUM
issue-2624	94	24	)	)	PUNCT
issue-2624	94	25	.	.	PUNCT
issue-2624	95	1	the	the	DET
issue-2624	95	2	countries	country	NOUN
issue-2624	95	3	for	for	ADP
issue-2624	95	4	which	which	PRON
issue-2624	95	5	suppressed	suppress	VERB
issue-2624	95	6	values	value	NOUN
issue-2624	95	7	were	be	AUX
issue-2624	95	8	recorded	record	VERB
issue-2624	95	9	in	in	ADP
issue-2624	95	10	the	the	DET
issue-2624	95	11	sample	sample	NOUN
issue-2624	95	12	include	include	VERB
issue-2624	95	13	australia	australia	PROPN
issue-2624	95	14	,	,	PUNCT
issue-2624	95	15	ireland	ireland	PROPN
issue-2624	95	16	,	,	PUNCT
issue-2624	95	17	malta	malta	PROPN
issue-2624	95	18	,	,	PUNCT
issue-2624	95	19	the	the	DET
issue-2624	95	20	philippines	philippine	NOUN
issue-2624	95	21	,	,	PUNCT
issue-2624	95	22	poland	poland	PROPN
issue-2624	95	23	,	,	PUNCT
issue-2624	95	24	spain	spain	PROPN
issue-2624	95	25	and	and	CCONJ
issue-2624	95	26	switzerland	switzerland	PROPN
issue-2624	95	27	.	.	PUNCT
issue-2624	96	1	although	although	SCONJ
issue-2624	96	2	this	this	PRON
issue-2624	96	3	may	may	AUX
issue-2624	96	4	affect	affect	VERB
issue-2624	96	5	the	the	DET
issue-2624	96	6	analysis	analysis	NOUN
issue-2624	96	7	,	,	PUNCT
issue-2624	96	8	it	it	PRON
issue-2624	96	9	is	be	AUX
issue-2624	96	10	worth	worth	ADJ
issue-2624	96	11	noting	note	VERB
issue-2624	96	12	that	that	SCONJ
issue-2624	96	13	the	the	DET
issue-2624	96	14	same	same	ADJ
issue-2624	96	15	countries	country	NOUN
issue-2624	96	16	would	would	AUX
issue-2624	96	17	then	then	ADV
issue-2624	96	18	be	be	AUX
issue-2624	96	19	missing	miss	VERB
issue-2624	96	20	from	from	ADP
issue-2624	96	21	the	the	DET
issue-2624	96	22	data	datum	NOUN
issue-2624	96	23	for	for	ADP
issue-2624	96	24	all	all	DET
issue-2624	96	25	three	three	NUM
issue-2624	96	26	baltic	baltic	ADJ
issue-2624	96	27	countries	country	NOUN
issue-2624	96	28	–	–	PUNCT
issue-2624	96	29	which	which	PRON
issue-2624	96	30	would	would	AUX
issue-2624	96	31	then	then	ADV
issue-2624	96	32	have	have	VERB
issue-2624	96	33	less	less	ADJ
issue-2624	96	34	of	of	ADP
issue-2624	96	35	an	an	DET
issue-2624	96	36	impact	impact	NOUN
issue-2624	96	37	on	on	ADP
issue-2624	96	38	the	the	DET
issue-2624	96	39	overall	overall	ADJ
issue-2624	96	40	picture	picture	NOUN
issue-2624	96	41	.	.	PUNCT
issue-2624	97	1	at	at	ADP
issue-2624	97	2	the	the	DET
issue-2624	97	3	end	end	NOUN
issue-2624	97	4	of	of	ADP
issue-2624	97	5	2001	2001	NUM
issue-2624	97	6	,	,	PUNCT
issue-2624	97	7	luxembourg	luxembourg	PROPN
issue-2624	97	8	,	,	PUNCT
issue-2624	97	9	the	the	DET
issue-2624	97	10	united	united	PROPN
issue-2624	97	11	states	states	PROPN
issue-2624	97	12	(	(	PUNCT
issue-2624	97	13	us	us	PROPN
issue-2624	97	14	)	)	PUNCT
issue-2624	97	15	and	and	CCONJ
issue-2624	97	16	sweden	sweden	PROPN
issue-2624	97	17	were	be	AUX
issue-2624	97	18	the	the	DET
issue-2624	97	19	three	three	NUM
issue-2624	97	20	countries	country	NOUN
issue-2624	97	21	with	with	ADP
issue-2624	97	22	a	a	DET
issue-2624	97	23	dominant	dominant	ADJ
issue-2624	97	24	share	share	NOUN
issue-2624	97	25	of	of	ADP
issue-2624	97	26	equity	equity	NOUN
issue-2624	97	27	investment	investment	NOUN
issue-2624	97	28	in	in	ADP
issue-2624	97	29	the	the	DET
issue-2624	97	30	baltic	baltic	ADJ
issue-2624	97	31	states	state	NOUN
issue-2624	97	32	.	.	PUNCT
issue-2624	98	1	the	the	DET
issue-2624	98	2	us	us	PROPN
issue-2624	98	3	was	be	AUX
issue-2624	98	4	much	much	ADV
issue-2624	98	5	more	more	ADV
issue-2624	98	6	involved	involve	VERB
issue-2624	98	7	in	in	ADP
issue-2624	98	8	latvia	latvia	PROPN
issue-2624	98	9	(	(	PUNCT
issue-2624	98	10	almost	almost	ADV
issue-2624	98	11	50	50	NUM
issue-2624	98	12	%	%	NOUN
issue-2624	98	13	of	of	ADP
issue-2624	98	14	total	total	ADJ
issue-2624	98	15	investment	investment	NOUN
issue-2624	98	16	)	)	PUNCT
issue-2624	98	17	,	,	PUNCT
issue-2624	98	18	compared	compare	VERB
issue-2624	98	19	with	with	ADP
issue-2624	98	20	25	25	NUM
issue-2624	98	21	%	%	NOUN
issue-2624	98	22	in	in	ADP
issue-2624	98	23	estonia	estonia	PROPN
issue-2624	98	24	and	and	CCONJ
issue-2624	98	25	only	only	ADV
issue-2624	98	26	8	8	NUM
issue-2624	98	27	%	%	NOUN
issue-2624	98	28	in	in	ADP
issue-2624	98	29	lithuania	lithuania	PROPN
issue-2624	98	30	.	.	PUNCT
issue-2624	99	1	germany	germany	PROPN
issue-2624	99	2	has	have	AUX
issue-2624	99	3	only	only	ADV
issue-2624	99	4	been	be	AUX
issue-2624	99	5	involved	involve	VERB
issue-2624	99	6	in	in	ADP
issue-2624	99	7	estonia	estonia	PROPN
issue-2624	99	8	,	,	PUNCT
issue-2624	99	9	whereas	whereas	SCONJ
issue-2624	99	10	estonia	estonia	PROPN
issue-2624	99	11	has	have	AUX
issue-2624	99	12	been	be	AUX
issue-2624	99	13	investing	invest	VERB
issue-2624	99	14	in	in	ADP
issue-2624	99	15	latvian	latvian	ADJ
issue-2624	99	16	and	and	CCONJ
issue-2624	99	17	lithuanian	lithuanian	ADJ
issue-2624	99	18	shares	share	NOUN
issue-2624	99	19	since	since	SCONJ
issue-2624	99	20	2001	2001	NUM
issue-2624	99	21	.	.	PUNCT
issue-2624	100	1	in	in	ADP
issue-2624	100	2	2009	2009	NUM
issue-2624	100	3	,	,	PUNCT
issue-2624	100	4	germany	germany	PROPN
issue-2624	100	5	was	be	AUX
issue-2624	100	6	a	a	DET
issue-2624	100	7	prominent	prominent	ADJ
issue-2624	100	8	investor	investor	NOUN
issue-2624	100	9	in	in	ADP
issue-2624	100	10	latvia	latvia	PROPN
issue-2624	100	11	(	(	PUNCT
issue-2624	100	12	29	29	NUM
issue-2624	100	13	%	%	NOUN
issue-2624	100	14	)	)	PUNCT
issue-2624	100	15	and	and	CCONJ
issue-2624	100	16	lithuania	lithuania	PROPN
issue-2624	100	17	(	(	PUNCT
issue-2624	100	18	47	47	NUM
issue-2624	100	19	%	%	NOUN
issue-2624	100	20	)	)	PUNCT
issue-2624	100	21	,	,	PUNCT
issue-2624	100	22	with	with	ADP
issue-2624	100	23	a	a	DET
issue-2624	100	24	comparatively	comparatively	ADV
issue-2624	100	25	lower	low	ADJ
issue-2624	100	26	level	level	NOUN
issue-2624	100	27	of	of	ADP
issue-2624	100	28	involvement	involvement	NOUN
issue-2624	100	29	in	in	ADP
issue-2624	100	30	estonia	estonia	PROPN
issue-2624	100	31	compared	compare	VERB
issue-2624	100	32	to	to	ADP
issue-2624	100	33	2001	2001	NUM
issue-2624	100	34	.	.	PUNCT
issue-2624	101	1	norway	norway	PROPN
issue-2624	101	2	also	also	ADV
issue-2624	101	3	emerged	emerge	VERB
issue-2624	101	4	as	as	ADP
issue-2624	101	5	a	a	DET
issue-2624	101	6	significant	significant	ADJ
issue-2624	101	7	latvian	latvian	ADJ
issue-2624	101	8	investor	investor	NOUN
issue-2624	101	9	in	in	ADP
issue-2624	101	10	2009	2009	NUM
issue-2624	101	11	,	,	PUNCT
issue-2624	101	12	while	while	SCONJ
issue-2624	101	13	guernsey	guernsey	PROPN
issue-2624	101	14	became	become	VERB
issue-2624	101	15	a	a	DET
issue-2624	101	16	notable	notable	ADJ
issue-2624	101	17	investor	investor	NOUN
issue-2624	101	18	in	in	ADP
issue-2624	101	19	lithuania	lithuania	PROPN
issue-2624	101	20	.	.	PUNCT
issue-2624	102	1	in	in	ADP
issue-2624	102	2	2019	2019	NUM
issue-2624	102	3	,	,	PUNCT
issue-2624	102	4	sweden	sweden	PROPN
issue-2624	102	5	's	's	PART
issue-2624	102	6	involvement	involvement	NOUN
issue-2624	102	7	shifted	shift	VERB
issue-2624	102	8	to	to	ADP
issue-2624	102	9	estonia	estonia	PROPN
issue-2624	102	10	only	only	ADV
issue-2624	102	11	,	,	PUNCT
issue-2624	102	12	with	with	ADP
issue-2624	102	13	no	no	DET
issue-2624	102	14	further	further	ADJ
issue-2624	102	15	presence	presence	NOUN
issue-2624	102	16	in	in	ADP
issue-2624	102	17	the	the	DET
issue-2624	102	18	other	other	ADJ
issue-2624	102	19	two	two	NUM
issue-2624	102	20	countries	country	NOUN
issue-2624	102	21	.	.	PUNCT
issue-2624	103	1	there	there	PRON
issue-2624	103	2	was	be	VERB
issue-2624	103	3	a	a	DET
issue-2624	103	4	sudden	sudden	ADJ
issue-2624	103	5	shift	shift	NOUN
issue-2624	103	6	in	in	ADP
issue-2624	103	7	the	the	DET
issue-2624	103	8	distribution	distribution	NOUN
issue-2624	103	9	of	of	ADP
issue-2624	103	10	equities	equity	NOUN
issue-2624	103	11	in	in	ADP
issue-2624	103	12	the	the	DET
issue-2624	103	13	baltic	baltic	ADJ
issue-2624	103	14	states	state	NOUN
issue-2624	103	15	,	,	PUNCT
issue-2624	103	16	with	with	ADP
issue-2624	103	17	latvia	latvia	PROPN
issue-2624	103	18	and	and	CCONJ
issue-2624	103	19	lithuania	lithuania	PROPN
issue-2624	103	20	assuming	assume	VERB
issue-2624	103	21	a	a	DET
issue-2624	103	22	dominant	dominant	ADJ
issue-2624	103	23	position	position	NOUN
issue-2624	103	24	in	in	ADP
issue-2624	103	25	estonia	estonia	PROPN
issue-2624	103	26	,	,	PUNCT
issue-2624	103	27	while	while	SCONJ
issue-2624	103	28	guernsey	guernsey	PROPN
issue-2624	103	29	held	hold	VERB
issue-2624	103	30	a	a	DET
issue-2624	103	31	significant	significant	ADJ
issue-2624	103	32	62	62	NUM
issue-2624	103	33	%	%	NOUN
issue-2624	103	34	stake	stake	NOUN
issue-2624	103	35	in	in	ADP
issue-2624	103	36	lithuanian	lithuanian	ADJ
issue-2624	103	37	equities	equity	NOUN
issue-2624	103	38	.	.	PUNCT
issue-2624	104	1	in	in	ADP
issue-2624	104	2	light	light	NOUN
issue-2624	104	3	of	of	ADP
issue-2624	104	4	the	the	DET
issue-2624	104	5	shared	share	VERB
issue-2624	104	6	history	history	NOUN
issue-2624	104	7	,	,	PUNCT
issue-2624	104	8	geographic	geographic	ADJ
issue-2624	104	9	proximity	proximity	NOUN
issue-2624	104	10	,	,	PUNCT
issue-2624	104	11	and	and	CCONJ
issue-2624	104	12	membership	membership	NOUN
issue-2624	104	13	in	in	ADP
issue-2624	104	14	the	the	DET
issue-2624	104	15	eu	eu	PROPN
issue-2624	104	16	and	and	CCONJ
issue-2624	104	17	the	the	DET
issue-2624	104	18	eurozone	eurozone	NOUN
issue-2624	104	19	,	,	PUNCT
issue-2624	104	20	it	it	PRON
issue-2624	104	21	would	would	AUX
issue-2624	104	22	be	be	AUX
issue-2624	104	23	reasonable	reasonable	ADJ
issue-2624	104	24	to	to	PART
issue-2624	104	25	anticipate	anticipate	VERB
issue-2624	104	26	that	that	SCONJ
issue-2624	104	27	the	the	DET
issue-2624	104	28	stock	stock	NOUN
issue-2624	104	29	markets	market	NOUN
issue-2624	104	30	of	of	ADP
issue-2624	104	31	the	the	DET
issue-2624	104	32	three	three	NUM
issue-2624	104	33	baltic	baltic	ADJ
issue-2624	104	34	countries	country	NOUN
issue-2624	104	35	would	would	AUX
issue-2624	104	36	exhibit	exhibit	VERB
issue-2624	104	37	a	a	DET
issue-2624	104	38	degree	degree	NOUN
issue-2624	104	39	of	of	ADP
issue-2624	104	40	co	co	NOUN
issue-2624	104	41	-	-	NOUN
issue-2624	104	42	movement	movement	NOUN
issue-2624	104	43	and	and	CCONJ
issue-2624	104	44	respond	respond	VERB
issue-2624	104	45	to	to	ADP
issue-2624	104	46	global	global	ADJ
issue-2624	104	47	shocks	shock	NOUN
issue-2624	104	48	in	in	ADP
issue-2624	104	49	a	a	DET
issue-2624	104	50	similar	similar	ADJ
issue-2624	104	51	manner	manner	NOUN
issue-2624	104	52	.	.	PUNCT
issue-2624	105	1	the	the	DET
issue-2624	105	2	following	follow	VERB
issue-2624	105	3	section	section	NOUN
issue-2624	105	4	presents	present	VERB
issue-2624	105	5	additional	additional	ADJ
issue-2624	105	6	background	background	NOUN
issue-2624	105	7	information	information	NOUN
issue-2624	105	8	that	that	PRON
issue-2624	105	9	provides	provide	VERB
issue-2624	105	10	further	further	ADJ
issue-2624	105	11	insights	insight	NOUN
issue-2624	105	12	.	.	PUNCT
issue-2624	106	1	the	the	DET
issue-2624	106	2	three	three	NUM
issue-2624	106	3	economies	economy	NOUN
issue-2624	106	4	exhibit	exhibit	VERB
issue-2624	106	5	a	a	DET
issue-2624	106	6	similar	similar	ADJ
issue-2624	106	7	structural	structural	ADJ
issue-2624	106	8	configuration	configuration	NOUN
issue-2624	106	9	,	,	PUNCT
issue-2624	106	10	with	with	ADP
issue-2624	106	11	the	the	DET
issue-2624	106	12	same	same	ADJ
issue-2624	106	13	sectors	sector	NOUN
issue-2624	106	14	contributing	contribute	VERB
issue-2624	106	15	in	in	ADP
issue-2624	106	16	approximately	approximately	ADV
issue-2624	106	17	equal	equal	ADJ
issue-2624	106	18	proportions	proportion	NOUN
issue-2624	106	19	to	to	PART
issue-2624	106	20	total	total	ADJ
issue-2624	106	21	production	production	NOUN
issue-2624	106	22	.	.	PUNCT
issue-2624	107	1	estonia	estonia	PROPN
issue-2624	107	2	,	,	PUNCT
issue-2624	107	3	with	with	ADP
issue-2624	107	4	the	the	DET
issue-2624	107	5	smallest	small	ADJ
issue-2624	107	6	economy	economy	NOUN
issue-2624	107	7	,	,	PUNCT
issue-2624	107	8	appears	appear	VERB
issue-2624	107	9	to	to	PART
issue-2624	107	10	have	have	VERB
issue-2624	107	11	the	the	DET
issue-2624	107	12	highest	high	ADJ
issue-2624	107	13	per	per	ADP
issue-2624	107	14	capita	capita	NOUN
issue-2624	107	15	income	income	NOUN
issue-2624	107	16	and	and	CCONJ
issue-2624	107	17	the	the	DET
issue-2624	107	18	highest	high	ADJ
issue-2624	107	19	levels	level	NOUN
issue-2624	107	20	of	of	ADP
issue-2624	107	21	development	development	NOUN
issue-2624	107	22	indicators	indicator	NOUN
issue-2624	107	23	among	among	ADP
issue-2624	107	24	the	the	DET
issue-2624	107	25	three	three	NUM
issue-2624	107	26	economies	economy	NOUN
issue-2624	107	27	.	.	PUNCT
issue-2624	108	1	furthermore	furthermore	ADV
issue-2624	108	2	,	,	PUNCT
issue-2624	108	3	the	the	DET
issue-2624	108	4	estonian	estonian	ADJ
issue-2624	108	5	stock	stock	NOUN
issue-2624	108	6	market	market	NOUN
issue-2624	108	7	exhibits	exhibit	VERB
issue-2624	108	8	the	the	DET
issue-2624	108	9	highest	high	ADJ
issue-2624	108	10	market	market	NOUN
issue-2624	108	11	capitalisation	capitalisation	NOUN
issue-2624	108	12	,	,	PUNCT
issue-2624	108	13	despite	despite	SCONJ
issue-2624	108	14	the	the	DET
issue-2624	108	15	relatively	relatively	ADV
issue-2624	108	16	modest	modest	ADJ
issue-2624	108	17	size	size	NOUN
issue-2624	108	18	of	of	ADP
issue-2624	108	19	the	the	DET
issue-2624	108	20	economy	economy	NOUN
issue-2624	108	21	.	.	PUNCT
issue-2624	109	1	the	the	DET
issue-2624	109	2	industry	industry	NOUN
issue-2624	109	3	breakdown	breakdown	NOUN
issue-2624	109	4	of	of	ADP
issue-2624	109	5	the	the	DET
issue-2624	109	6	three	three	NUM
issue-2624	109	7	stock	stock	NOUN
issue-2624	109	8	exchanges	exchange	NOUN
issue-2624	109	9	also	also	ADV
issue-2624	109	10	demonstrated	demonstrate	VERB
issue-2624	109	11	the	the	DET
issue-2624	109	12	ways	way	NOUN
issue-2624	109	13	in	in	ADP
issue-2624	109	14	which	which	PRON
issue-2624	109	15	omxtgi	omxtgi	ADJ
issue-2624	109	16	differs	differ	VERB
issue-2624	109	17	from	from	ADP
issue-2624	109	18	both	both	CCONJ
issue-2624	109	19	omxrgi	omxrgi	ADJ
issue-2624	109	20	and	and	CCONJ
issue-2624	109	21	omxvgi	omxvgi	PROPN
issue-2624	109	22	.	.	PUNCT
issue-2624	110	1	finally	finally	ADV
issue-2624	110	2	,	,	PUNCT
issue-2624	110	3	table	table	NOUN
issue-2624	110	4	3	3	NUM
issue-2624	110	5	illustrates	illustrate	VERB
issue-2624	110	6	the	the	DET
issue-2624	110	7	extent	extent	NOUN
issue-2624	110	8	to	to	PART
issue-2624	110	9	which	which	PRON
issue-2624	110	10	investors	investor	NOUN
issue-2624	110	11	from	from	ADP
issue-2624	110	12	different	different	ADJ
issue-2624	110	13	countries	country	NOUN
issue-2624	110	14	direct	direct	VERB
issue-2624	110	15	their	their	PRON
issue-2624	110	16	capital	capital	NOUN
issue-2624	110	17	towards	towards	ADP
issue-2624	110	18	the	the	DET
issue-2624	110	19	three	three	NUM
issue-2624	110	20	baltic	baltic	ADJ
issue-2624	110	21	exchanges	exchange	NOUN
issue-2624	110	22	.	.	PUNCT
issue-2624	111	1	in	in	ADP
issue-2624	111	2	light	light	NOUN
issue-2624	111	3	of	of	ADP
issue-2624	111	4	the	the	DET
issue-2624	111	5	aforementioned	aforementioned	ADJ
issue-2624	111	6	evidence	evidence	NOUN
issue-2624	111	7	,	,	PUNCT
issue-2624	111	8	it	it	PRON
issue-2624	111	9	is	be	AUX
issue-2624	111	10	reasonable	reasonable	ADJ
issue-2624	111	11	to	to	PART
issue-2624	111	12	conclude	conclude	VERB
issue-2624	111	13	that	that	SCONJ
issue-2624	111	14	the	the	DET
issue-2624	111	15	baltic	baltic	ADJ
issue-2624	111	16	stock	stock	NOUN
issue-2624	111	17	markets	market	NOUN
issue-2624	111	18	are	be	AUX
issue-2624	111	19	unlikely	unlikely	ADJ
issue-2624	111	20	to	to	PART
issue-2624	111	21	exhibit	exhibit	VERB
issue-2624	111	22	comparable	comparable	ADJ
issue-2624	111	23	movements	movement	NOUN
issue-2624	111	24	and	and	CCONJ
issue-2624	111	25	varying	vary	VERB
issue-2624	111	26	degrees	degree	NOUN
issue-2624	111	27	of	of	ADP
issue-2624	111	28	responsiveness	responsiveness	NOUN
issue-2624	111	29	to	to	ADP
issue-2624	111	30	global	global	ADJ
issue-2624	111	31	events	event	NOUN
issue-2624	111	32	.	.	PUNCT
issue-2624	112	1	the	the	DET
issue-2624	112	2	following	follow	VERB
issue-2624	112	3	section	section	NOUN
issue-2624	112	4	presents	present	VERB
issue-2624	112	5	a	a	DET
issue-2624	112	6	summary	summary	NOUN
issue-2624	112	7	of	of	ADP
issue-2624	112	8	existing	exist	VERB
issue-2624	112	9	studies	study	NOUN
issue-2624	112	10	on	on	ADP
issue-2624	112	11	this	this	DET
issue-2624	112	12	topic	topic	NOUN
issue-2624	112	13	.	.	PUNCT
issue-2624	113	1	table	table	NOUN
issue-2624	113	2	2	2	NUM
issue-2624	113	3	characteristics	characteristic	NOUN
issue-2624	113	4	of	of	ADP
issue-2624	113	5	stock	stock	NOUN
issue-2624	113	6	market	market	NOUN
issue-2624	113	7	indices	indice	VERB
issue-2624	113	8	2024	2024	NUM
issue-2624	113	9	omxtgi	omxtgi	NOUN
issue-2624	113	10	(	(	PUNCT
issue-2624	113	11	estonia	estonia	PROPN
issue-2624	113	12	)	)	PUNCT
issue-2624	113	13	omvgi	omvgi	PROPN
issue-2624	113	14	(	(	PUNCT
issue-2624	113	15	lithuania	lithuania	PROPN
issue-2624	113	16	)	)	PUNCT
issue-2624	113	17	omxrgi	omxrgi	PROPN
issue-2624	113	18	(	(	PUNCT
issue-2624	113	19	latvia	latvia	PROPN
issue-2624	113	20	)	)	PUNCT
issue-2624	113	21	market	market	NOUN
issue-2624	113	22	cap	cap	VERB
issue-2624	113	23	5.2	5.2	NUM
issue-2624	113	24	billion	billion	NUM
issue-2624	113	25	eur	eur	NOUN
issue-2624	113	26	5.1	5.1	NUM
issue-2624	113	27	billion	billion	NUM
issue-2624	113	28	eur	eur	NOUN
issue-2624	113	29	0.6	0.6	NUM
issue-2624	113	30	billion	billion	NUM
issue-2624	113	31	eur	eur	NOUN
issue-2624	113	32	#	#	NOUN
issue-2624	113	33	of	of	ADP
issue-2624	113	34	listings	listing	NOUN
issue-2624	113	35	20	20	NUM
issue-2624	113	36	25	25	NUM
issue-2624	113	37	13	13	NUM
issue-2624	113	38	industry	industry	NOUN
issue-2624	113	39	breakdown	breakdown	VERB
issue-2624	113	40	basic	basic	ADJ
issue-2624	113	41	metals	metal	NOUN
issue-2624	113	42	0.00	0.00	NUM
issue-2624	113	43	3.68	3.68	NUM
issue-2624	113	44	0.00	0.00	NUM
issue-2624	113	45	consumer	consumer	NOUN
issue-2624	113	46	discretionary	discretionary	NOUN
issue-2624	113	47	24.15	24.15	NUM
issue-2624	113	48	5.69	5.69	NUM
issue-2624	113	49	0.00	0.00	NUM
issue-2624	113	50	consumer	consumer	NOUN
issue-2624	113	51	staples	staple	NOUN
issue-2624	113	52	0.14	0.14	NUM
issue-2624	113	53	13.35	13.35	NUM
issue-2624	113	54	12.58	12.58	NUM
issue-2624	113	55	energy	energy	NOUN
issue-2624	113	56	0.00	0.00	NUM
issue-2624	113	57	0.00	0.00	NUM
issue-2624	113	58	0.00	0.00	NUM
issue-2624	113	59	financials	financial	NOUN
issue-2624	113	60	31.70	31.70	NUM
issue-2624	113	61	15.96	15.96	NUM
issue-2624	113	62	25.42	25.42	NUM
issue-2624	113	63	healthcare	healthcare	NOUN
issue-2624	113	64	0.00	0.00	NUM
issue-2624	113	65	0.00	0.00	NUM
issue-2624	113	66	1.47	1.47	NUM
issue-2624	113	67	industrials	industrial	NOUN
issue-2624	113	68	16.17	16.17	NUM
issue-2624	113	69	2.36	2.36	NUM
issue-2624	113	70	0.18	0.18	NUM
issue-2624	113	71	real	real	ADJ
issue-2624	113	72	estate	estate	NOUN
issue-2624	113	73	2.35	2.35	NUM
issue-2624	113	74	0.95	0.95	NUM
issue-2624	113	75	0.00	0.00	NUM
issue-2624	113	76	technology	technology	NOUN
issue-2624	113	77	0.00	0.00	NUM
issue-2624	113	78	0.00	0.00	NUM
issue-2624	113	79	0.00	0.00	NUM
issue-2624	113	80	telecommunications	telecommunication	NOUN
issue-2624	113	81	0.00	0.00	NUM
issue-2624	113	82	24.40	24.40	NUM
issue-2624	113	83	4.46	4.46	NUM
issue-2624	113	84	utilities	utility	NOUN
issue-2624	113	85	25.50	25.50	NUM
issue-2624	113	86	33.62	33.62	NUM
issue-2624	113	87	55.59	55.59	NUM
issue-2624	113	88	source	source	NOUN
issue-2624	113	89	:	:	PUNCT
issue-2624	113	90	nasdaq	nasdaq	PROPN
issue-2624	113	91	2024	2024	NUM
issue-2624	113	92	baltic	baltic	PROPN
issue-2624	113	93	journal	journal	NOUN
issue-2624	113	94	of	of	ADP
issue-2624	113	95	economic	economic	ADJ
issue-2624	113	96	studies	study	NOUN
issue-2624	113	97	24	24	NUM
issue-2624	113	98	vol	vol	NOUN
issue-2624	113	99	.	.	PUNCT
issue-2624	114	1	10	10	NUM
issue-2624	114	2	no	no	NOUN
issue-2624	114	3	.	.	NOUN
issue-2624	114	4	5	5	NUM
issue-2624	114	5	,	,	PUNCT
issue-2624	114	6	2024	2024	NUM
issue-2624	114	7	3	3	NUM
issue-2624	114	8	.	.	PUNCT
issue-2624	115	1	literature	literature	NOUN
issue-2624	115	2	:	:	PUNCT
issue-2624	115	3	previous	previous	ADJ
issue-2624	115	4	studies	study	NOUN
issue-2624	115	5	a	a	DET
issue-2624	115	6	number	number	NOUN
issue-2624	115	7	of	of	ADP
issue-2624	115	8	studies	study	NOUN
issue-2624	115	9	have	have	AUX
issue-2624	115	10	been	be	AUX
issue-2624	115	11	conducted	conduct	VERB
issue-2624	115	12	to	to	PART
issue-2624	115	13	examine	examine	VERB
issue-2624	115	14	the	the	DET
issue-2624	115	15	level	level	NOUN
issue-2624	115	16	of	of	ADP
issue-2624	115	17	integration	integration	NOUN
issue-2624	115	18	among	among	ADP
issue-2624	115	19	the	the	DET
issue-2624	115	20	three	three	NUM
issue-2624	115	21	baltic	baltic	ADJ
issue-2624	115	22	stock	stock	NOUN
issue-2624	115	23	markets	market	NOUN
issue-2624	115	24	,	,	PUNCT
issue-2624	115	25	as	as	ADV
issue-2624	115	26	well	well	ADV
issue-2624	115	27	as	as	ADP
issue-2624	115	28	the	the	DET
issue-2624	115	29	integration	integration	NOUN
issue-2624	115	30	of	of	ADP
issue-2624	115	31	the	the	DET
issue-2624	115	32	baltic	baltic	ADJ
issue-2624	115	33	exchanges	exchange	NOUN
issue-2624	115	34	with	with	ADP
issue-2624	115	35	other	other	ADJ
issue-2624	115	36	international	international	ADJ
issue-2624	115	37	ones	one	NOUN
issue-2624	115	38	.	.	PUNCT
issue-2624	116	1	in	in	ADP
issue-2624	116	2	their	their	PRON
issue-2624	116	3	2006	2006	NUM
issue-2624	116	4	study	study	NOUN
issue-2624	116	5	,	,	PUNCT
issue-2624	116	6	maneschiöld	maneschiöld	NOUN
issue-2624	116	7	examined	examine	VERB
issue-2624	116	8	the	the	DET
issue-2624	116	9	integration	integration	NOUN
issue-2624	116	10	of	of	ADP
issue-2624	116	11	the	the	DET
issue-2624	116	12	stock	stock	NOUN
issue-2624	116	13	markets	market	NOUN
issue-2624	116	14	of	of	ADP
issue-2624	116	15	the	the	DET
issue-2624	116	16	baltic	baltic	ADJ
issue-2624	116	17	countries	country	NOUN
issue-2624	116	18	with	with	ADP
issue-2624	116	19	those	those	PRON
issue-2624	116	20	of	of	ADP
issue-2624	116	21	europe	europe	PROPN
issue-2624	116	22	,	,	PUNCT
issue-2624	116	23	focusing	focus	VERB
issue-2624	116	24	on	on	ADP
issue-2624	116	25	exchanges	exchange	NOUN
issue-2624	116	26	in	in	ADP
issue-2624	116	27	the	the	DET
issue-2624	116	28	uk	uk	PROPN
issue-2624	116	29	,	,	PUNCT
issue-2624	116	30	the	the	DET
issue-2624	116	31	us	us	PROPN
issue-2624	116	32	,	,	PUNCT
issue-2624	116	33	germany	germany	PROPN
issue-2624	116	34	,	,	PUNCT
issue-2624	116	35	france	france	PROPN
issue-2624	116	36	and	and	CCONJ
issue-2624	116	37	japan	japan	PROPN
issue-2624	116	38	.	.	PUNCT
issue-2624	117	1	the	the	DET
issue-2624	117	2	empirical	empirical	ADJ
issue-2624	117	3	study	study	NOUN
issue-2624	117	4	encompasses	encompass	VERB
issue-2624	117	5	data	datum	NOUN
issue-2624	117	6	from	from	ADP
issue-2624	117	7	june	june	PROPN
issue-2624	117	8	1996	1996	NUM
issue-2624	117	9	to	to	ADP
issue-2624	117	10	september	september	PROPN
issue-2624	117	11	2005	2005	NUM
issue-2624	117	12	and	and	CCONJ
issue-2624	117	13	employs	employ	VERB
issue-2624	117	14	a	a	DET
issue-2624	117	15	range	range	NOUN
issue-2624	117	16	of	of	ADP
issue-2624	117	17	techniques	technique	NOUN
issue-2624	117	18	,	,	PUNCT
issue-2624	117	19	including	include	VERB
issue-2624	117	20	correlation	correlation	NOUN
issue-2624	117	21	,	,	PUNCT
issue-2624	117	22	causality	causality	NOUN
issue-2624	117	23	tests	test	NOUN
issue-2624	117	24	and	and	CCONJ
issue-2624	117	25	cointegration	cointegration	NOUN
issue-2624	117	26	.	.	PUNCT
issue-2624	118	1	the	the	DET
issue-2624	118	2	results	result	NOUN
issue-2624	118	3	substantiate	substantiate	VERB
issue-2624	118	4	the	the	DET
issue-2624	118	5	integration	integration	NOUN
issue-2624	118	6	of	of	ADP
issue-2624	118	7	latvia	latvia	PROPN
issue-2624	118	8	into	into	ADP
issue-2624	118	9	the	the	DET
issue-2624	118	10	european	european	ADJ
issue-2624	118	11	economic	economic	ADJ
issue-2624	118	12	landscape	landscape	NOUN
issue-2624	118	13	,	,	PUNCT
issue-2624	118	14	particularly	particularly	ADV
issue-2624	118	15	in	in	ADP
issue-2624	118	16	relation	relation	NOUN
issue-2624	118	17	to	to	ADP
issue-2624	118	18	the	the	DET
issue-2624	118	19	german	german	ADJ
issue-2624	118	20	stock	stock	NOUN
issue-2624	118	21	market	market	NOUN
issue-2624	118	22	.	.	PUNCT
issue-2624	119	1	the	the	DET
issue-2624	119	2	repercussions	repercussion	NOUN
issue-2624	119	3	of	of	ADP
issue-2624	119	4	shocks	shock	NOUN
issue-2624	119	5	in	in	ADP
issue-2624	119	6	the	the	DET
issue-2624	119	7	united	united	PROPN
issue-2624	119	8	states	states	PROPN
issue-2624	119	9	are	be	AUX
issue-2624	119	10	observed	observe	VERB
issue-2624	119	11	to	to	PART
issue-2624	119	12	affect	affect	VERB
issue-2624	119	13	the	the	DET
issue-2624	119	14	markets	market	NOUN
issue-2624	119	15	of	of	ADP
issue-2624	119	16	estonia	estonia	PROPN
issue-2624	119	17	and	and	CCONJ
issue-2624	119	18	lithuania	lithuania	PROPN
issue-2624	119	19	,	,	PUNCT
issue-2624	119	20	but	but	CCONJ
issue-2624	119	21	not	not	PART
issue-2624	119	22	latvia	latvia	PROPN
issue-2624	119	23	.	.	PUNCT
issue-2624	120	1	in	in	ADP
issue-2624	120	2	a	a	DET
issue-2624	120	3	similar	similar	ADJ
issue-2624	120	4	but	but	CCONJ
issue-2624	120	5	shorter	short	ADJ
issue-2624	120	6	period	period	NOUN
issue-2624	120	7	,	,	PUNCT
issue-2624	120	8	stasiukonytė	stasiukonytė	NOUN
issue-2624	120	9	and	and	CCONJ
issue-2624	120	10	vasiliauskaitė	vasiliauskaitė	PROPN
issue-2624	120	11	(	(	PUNCT
issue-2624	120	12	2008	2008	NUM
issue-2624	120	13	)	)	PUNCT
issue-2624	120	14	demonstrated	demonstrate	VERB
issue-2624	120	15	that	that	SCONJ
issue-2624	120	16	the	the	DET
issue-2624	120	17	scandinavian	scandinavian	ADJ
issue-2624	120	18	and	and	CCONJ
issue-2624	120	19	baltic	baltic	ADJ
issue-2624	120	20	markets	market	NOUN
issue-2624	120	21	are	be	AUX
issue-2624	120	22	integrated	integrate	VERB
issue-2624	120	23	.	.	PUNCT
issue-2624	121	1	however	however	ADV
issue-2624	121	2	,	,	PUNCT
issue-2624	121	3	the	the	DET
issue-2624	121	4	level	level	NOUN
issue-2624	121	5	of	of	ADP
issue-2624	121	6	integration	integration	NOUN
issue-2624	121	7	exhibited	exhibit	VERB
issue-2624	121	8	a	a	DET
issue-2624	121	9	decline	decline	NOUN
issue-2624	121	10	over	over	ADP
issue-2624	121	11	the	the	DET
issue-2624	121	12	sample	sample	NOUN
issue-2624	121	13	period	period	NOUN
issue-2624	121	14	of	of	ADP
issue-2624	121	15	2000	2000	NUM
issue-2624	121	16	to	to	ADP
issue-2624	121	17	2006	2006	NUM
issue-2624	121	18	.	.	PUNCT
issue-2624	122	1	the	the	DET
issue-2624	122	2	researchers	researcher	NOUN
issue-2624	122	3	did	do	AUX
issue-2624	122	4	not	not	PART
issue-2624	122	5	find	find	VERB
issue-2624	122	6	evidence	evidence	NOUN
issue-2624	122	7	of	of	ADP
issue-2624	122	8	cointegration	cointegration	NOUN
issue-2624	122	9	between	between	ADP
issue-2624	122	10	the	the	DET
issue-2624	122	11	baltic	baltic	ADJ
issue-2624	122	12	exchanges	exchange	NOUN
issue-2624	122	13	based	base	VERB
issue-2624	122	14	on	on	ADP
issue-2624	122	15	techniques	technique	NOUN
issue-2624	122	16	testing	testing	NOUN
issue-2624	122	17	for	for	ADP
issue-2624	122	18	unit	unit	NOUN
issue-2624	122	19	roots	root	NOUN
issue-2624	122	20	and	and	CCONJ
issue-2624	122	21	granger	granger	NOUN
issue-2624	122	22	causality	causality	PROPN
issue-2624	122	23	,	,	PUNCT
issue-2624	122	24	as	as	ADV
issue-2624	122	25	well	well	ADV
issue-2624	122	26	as	as	ADP
issue-2624	122	27	vector	vector	NOUN
issue-2624	122	28	autoregressions	autoregression	NOUN
issue-2624	122	29	.	.	PUNCT
issue-2624	123	1	the	the	DET
issue-2624	123	2	study	study	NOUN
issue-2624	123	3	by	by	ADP
issue-2624	123	4	deltuvaitė	deltuvaitė	NOUN
issue-2624	123	5	(	(	PUNCT
issue-2624	123	6	2016	2016	NUM
issue-2624	123	7	)	)	PUNCT
issue-2624	123	8	concentrated	concentrate	VERB
issue-2624	123	9	exclusively	exclusively	ADV
issue-2624	123	10	on	on	ADP
issue-2624	123	11	the	the	DET
issue-2624	123	12	integration	integration	NOUN
issue-2624	123	13	of	of	ADP
issue-2624	123	14	the	the	DET
issue-2624	123	15	stock	stock	NOUN
issue-2624	123	16	markets	market	NOUN
issue-2624	123	17	of	of	ADP
issue-2624	123	18	the	the	DET
issue-2624	123	19	three	three	NUM
issue-2624	123	20	baltic	baltic	ADJ
issue-2624	123	21	exchanges	exchange	NOUN
issue-2624	123	22	.	.	PUNCT
issue-2624	124	1	the	the	DET
issue-2624	124	2	analysis	analysis	NOUN
issue-2624	124	3	was	be	AUX
issue-2624	124	4	based	base	VERB
issue-2624	124	5	on	on	ADP
issue-2624	124	6	daily	daily	ADJ
issue-2624	124	7	data	datum	NOUN
issue-2624	124	8	from	from	ADP
issue-2624	124	9	january	january	PROPN
issue-2624	124	10	2000	2000	NUM
issue-2624	124	11	to	to	ADP
issue-2624	124	12	june	june	PROPN
issue-2624	124	13	2014	2014	NUM
issue-2624	124	14	.	.	PUNCT
issue-2624	125	1	a	a	DET
issue-2624	125	2	variety	variety	NOUN
issue-2624	125	3	of	of	ADP
issue-2624	125	4	techniques	technique	NOUN
issue-2624	125	5	were	be	AUX
issue-2624	125	6	employed	employ	VERB
issue-2624	125	7	,	,	PUNCT
issue-2624	125	8	including	include	VERB
issue-2624	125	9	correlation	correlation	NOUN
issue-2624	125	10	,	,	PUNCT
issue-2624	125	11	arch	arch	ADJ
issue-2624	125	12	estimation	estimation	NOUN
issue-2624	125	13	,	,	PUNCT
issue-2624	125	14	granger	granger	PROPN
issue-2624	125	15	causality	causality	PROPN
issue-2624	125	16	,	,	PUNCT
issue-2624	125	17	cointegration	cointegration	NOUN
issue-2624	125	18	,	,	PUNCT
issue-2624	125	19	ardl	ardl	NOUN
issue-2624	125	20	models	model	NOUN
issue-2624	125	21	and	and	CCONJ
issue-2624	125	22	error	error	NOUN
issue-2624	125	23	correction	correction	NOUN
issue-2624	125	24	models	model	NOUN
issue-2624	125	25	.	.	PUNCT
issue-2624	126	1	the	the	DET
issue-2624	126	2	results	result	NOUN
issue-2624	126	3	indicated	indicate	VERB
issue-2624	126	4	that	that	SCONJ
issue-2624	126	5	the	the	DET
issue-2624	126	6	markets	market	NOUN
issue-2624	126	7	of	of	ADP
issue-2624	126	8	estonia	estonia	PROPN
issue-2624	126	9	and	and	CCONJ
issue-2624	126	10	lithuania	lithuania	PROPN
issue-2624	126	11	are	be	AUX
issue-2624	126	12	more	more	ADV
issue-2624	126	13	closely	closely	ADV
issue-2624	126	14	related	relate	VERB
issue-2624	126	15	,	,	PUNCT
issue-2624	126	16	while	while	SCONJ
issue-2624	126	17	latvia	latvia	PROPN
issue-2624	126	18	could	could	AUX
issue-2624	126	19	be	be	AUX
issue-2624	126	20	regarded	regard	VERB
issue-2624	126	21	as	as	ADP
issue-2624	126	22	exhibiting	exhibit	VERB
issue-2624	126	23	a	a	DET
issue-2624	126	24	greater	great	ADJ
issue-2624	126	25	degree	degree	NOUN
issue-2624	126	26	of	of	ADP
issue-2624	126	27	isolation	isolation	NOUN
issue-2624	126	28	.	.	PUNCT
issue-2624	127	1	in	in	ADP
issue-2624	127	2	a	a	DET
issue-2624	127	3	master	master	NOUN
issue-2624	127	4	's	's	PART
issue-2624	127	5	dissertation	dissertation	NOUN
issue-2624	127	6	published	publish	VERB
issue-2624	127	7	in	in	ADP
issue-2624	127	8	2019	2019	NUM
issue-2624	127	9	,	,	PUNCT
issue-2624	127	10	stulga	stulga	ADJ
issue-2624	127	11	(	(	PUNCT
issue-2624	127	12	2019	2019	NUM
issue-2624	127	13	)	)	PUNCT
issue-2624	127	14	presents	present	VERB
issue-2624	127	15	daily	daily	ADJ
issue-2624	127	16	stock	stock	NOUN
issue-2624	127	17	market	market	NOUN
issue-2624	127	18	data	datum	NOUN
issue-2624	127	19	from	from	ADP
issue-2624	127	20	2010	2010	NUM
issue-2624	127	21	to	to	ADP
issue-2624	127	22	2018	2018	NUM
issue-2624	127	23	.	.	PUNCT
issue-2624	128	1	the	the	DET
issue-2624	128	2	sample	sample	NOUN
issue-2624	128	3	of	of	ADP
issue-2624	128	4	25	25	NUM
issue-2624	128	5	countries	country	NOUN
issue-2624	128	6	represents	represent	VERB
issue-2624	128	7	the	the	DET
issue-2624	128	8	largest	large	ADJ
issue-2624	128	9	sample	sample	NOUN
issue-2624	128	10	referenced	reference	VERB
issue-2624	128	11	in	in	ADP
issue-2624	128	12	this	this	DET
issue-2624	128	13	discussion	discussion	NOUN
issue-2624	128	14	of	of	ADP
issue-2624	128	15	the	the	DET
issue-2624	128	16	literature	literature	NOUN
issue-2624	128	17	.	.	PUNCT
issue-2624	129	1	the	the	DET
issue-2624	129	2	empirical	empirical	ADJ
issue-2624	129	3	section	section	NOUN
issue-2624	129	4	comprised	comprise	VERB
issue-2624	129	5	dcc	dcc	PROPN
issue-2624	129	6	-	-	PUNCT
issue-2624	129	7	garch	garch	NOUN
issue-2624	129	8	table	table	NOUN
issue-2624	129	9	3	3	NUM
issue-2624	129	10	share	share	NOUN
issue-2624	129	11	of	of	ADP
issue-2624	129	12	holdings	holding	NOUN
issue-2624	129	13	in	in	ADP
issue-2624	129	14	equity	equity	NOUN
issue-2624	129	15	and	and	CCONJ
issue-2624	129	16	investment	investment	NOUN
issue-2624	129	17	liabilities	liability	NOUN
issue-2624	129	18	at	at	ADP
issue-2624	129	19	the	the	DET
issue-2624	129	20	end	end	NOUN
issue-2624	129	21	of	of	ADP
issue-2624	129	22	the	the	DET
issue-2624	129	23	year	year	NOUN
issue-2624	129	24	estonia	estonia	PROPN
issue-2624	129	25	latvia	latvia	PROPN
issue-2624	129	26	lithuania	lithuania	PROPN
issue-2624	129	27	country	country	PROPN
issue-2624	129	28	share	share	NOUN
issue-2624	129	29	country	country	NOUN
issue-2624	129	30	share	share	NOUN
issue-2624	129	31	country	country	NOUN
issue-2624	129	32	share	share	VERB
issue-2624	129	33	december	december	PROPN
issue-2624	129	34	2001	2001	NUM
issue-2624	129	35	luxembourg	luxembourg	PROPN
issue-2624	129	36	36,958	36,958	NUM
issue-2624	130	1	united	united	PROPN
issue-2624	130	2	states	states	PROPN
issue-2624	130	3	48,012	48,012	NUM
issue-2624	130	4	luxembourg	luxembourg	PROPN
issue-2624	130	5	32,100	32,100	NUM
issue-2624	130	6	united	united	PROPN
issue-2624	130	7	states	states	PROPN
issue-2624	130	8	24,657	24,657	NUM
issue-2624	130	9	denmark	denmark	NOUN
issue-2624	130	10	25,472	25,472	NUM
issue-2624	130	11	guernsey	guernsey	PROPN
issue-2624	130	12	19,875	19,875	NUM
issue-2624	130	13	guernsey	guernsey	PROPN
issue-2624	130	14	12,053	12,053	NUM
issue-2624	130	15	luxembourg	luxembourg	PROPN
issue-2624	130	16	16,930	16,930	NUM
issue-2624	130	17	republic	republic	NOUN
issue-2624	130	18	of	of	ADP
issue-2624	130	19	estonia	estonia	PROPN
issue-2624	130	20	16,863	16,863	NUM
issue-2624	130	21	sweden	sweden	PROPN
issue-2624	130	22	10,680	10,680	NUM
issue-2624	130	23	republic	republic	NOUN
issue-2624	130	24	of	of	ADP
issue-2624	130	25	estonia	estonia	PROPN
issue-2624	130	26	6,238	6,238	NUM
issue-2624	130	27	denmark	denmark	PROPN
issue-2624	130	28	10,340	10,340	NUM
issue-2624	130	29	united	united	PROPN
issue-2624	130	30	kingdom	kingdom	PROPN
issue-2624	130	31	6,419	6,419	NUM
issue-2624	130	32	sweden	sweden	PROPN
issue-2624	130	33	1,744	1,744	NUM
issue-2624	130	34	sweden	sweden	PROPN
issue-2624	130	35	9,061	9,061	NUM
issue-2624	130	36	germany	germany	PROPN
issue-2624	130	37	5,572	5,572	NUM
issue-2624	130	38	ukraine	ukraine	NOUN
issue-2624	130	39	1,278	1,278	NUM
issue-2624	130	40	united	united	PROPN
issue-2624	130	41	states	states	PROPN
issue-2624	130	42	7,672	7,672	NUM
issue-2624	130	43	december	december	PROPN
issue-2624	130	44	2009	2009	NUM
issue-2624	130	45	lithuania	lithuania	PROPN
issue-2624	130	46	25,400	25,400	NUM
issue-2624	130	47	norway	norway	PROPN
issue-2624	130	48	44,388	44,388	NUM
issue-2624	130	49	germany	germany	PROPN
issue-2624	130	50	47,487	47,487	NUM
issue-2624	130	51	luxembourg	luxembourg	PROPN
issue-2624	130	52	23,002	23,002	NUM
issue-2624	130	53	germany	germany	PROPN
issue-2624	130	54	29,390	29,390	NUM
issue-2624	130	55	luxembourg	luxembourg	PROPN
issue-2624	130	56	17,658	17,658	NUM
issue-2624	130	57	finland	finland	PROPN
issue-2624	130	58	21,116	21,116	NUM
issue-2624	130	59	guernsey	guernsey	PROPN
issue-2624	130	60	10,830	10,830	NUM
issue-2624	130	61	sweden	sweden	PROPN
issue-2624	130	62	9,168	9,168	NUM
issue-2624	130	63	united	united	PROPN
issue-2624	130	64	states	states	PROPN
issue-2624	130	65	10,660	10,660	NUM
issue-2624	130	66	finland	finland	PROPN
issue-2624	130	67	5,047	5,047	NUM
issue-2624	130	68	finland	finland	PROPN
issue-2624	130	69	8,531	8,531	NUM
issue-2624	130	70	sweden	sweden	PROPN
issue-2624	130	71	9,372	9,372	NUM
issue-2624	130	72	sweden	sweden	NOUN
issue-2624	130	73	2,964	2,964	NUM
issue-2624	130	74	denmark	denmark	NOUN
issue-2624	130	75	5,933	5,933	NUM
issue-2624	130	76	republic	republic	NOUN
issue-2624	130	77	of	of	ADP
issue-2624	130	78	poland	poland	PROPN
issue-2624	130	79	3,273	3,273	NUM
issue-2624	130	80	luxembourg	luxembourg	PROPN
issue-2624	130	81	2,250	2,250	NUM
issue-2624	130	82	united	united	PROPN
issue-2624	130	83	states	states	PROPN
issue-2624	130	84	4,145	4,145	NUM
issue-2624	130	85	russian	russian	PROPN
issue-2624	130	86	federation	federation	PROPN
issue-2624	130	87	2,475	2,475	NUM
issue-2624	130	88	united	united	PROPN
issue-2624	130	89	states	states	PROPN
issue-2624	130	90	2,061	2,061	NUM
issue-2624	130	91	republic	republic	NOUN
issue-2624	130	92	of	of	ADP
issue-2624	130	93	estonia	estonia	PROPN
issue-2624	130	94	3,670	3,670	NUM
issue-2624	130	95	germany	germany	PROPN
issue-2624	130	96	1,645	1,645	NUM
issue-2624	130	97	republic	republic	NOUN
issue-2624	130	98	of	of	ADP
issue-2624	130	99	estonia	estonia	PROPN
issue-2624	130	100	1,460	1,460	NUM
issue-2624	130	101	norway	norway	NOUN
issue-2624	130	102	1,264	1,264	NUM
issue-2624	130	103	december	december	PROPN
issue-2624	130	104	2019	2019	NUM
issue-2624	130	105	latvia	latvia	PROPN
issue-2624	130	106	20,302	20,302	NUM
issue-2624	130	107	republic	republic	NOUN
issue-2624	130	108	of	of	ADP
issue-2624	130	109	estonia	estonia	PROPN
issue-2624	130	110	32,569	32,569	NUM
issue-2624	130	111	guernsey	guernsey	PROPN
issue-2624	130	112	62,294	62,294	NUM
issue-2624	130	113	lithuania	lithuania	PROPN
issue-2624	130	114	19,683	19,683	NUM
issue-2624	130	115	norway	norway	PROPN
issue-2624	130	116	24,778	24,778	NUM
issue-2624	130	117	republic	republic	NOUN
issue-2624	130	118	of	of	ADP
issue-2624	130	119	korea	korea	PROPN
issue-2624	130	120	10,055	10,055	NUM
issue-2624	130	121	finland	finland	PROPN
issue-2624	130	122	12,471	12,471	NUM
issue-2624	130	123	lithuania	lithuania	PROPN
issue-2624	130	124	14,492	14,492	NUM
issue-2624	130	125	republic	republic	NOUN
issue-2624	130	126	of	of	ADP
issue-2624	130	127	estonia	estonia	PROPN
issue-2624	130	128	9,820	9,820	NUM
issue-2624	130	129	sweden	sweden	PROPN
issue-2624	130	130	12,382	12,382	NUM
issue-2624	130	131	germany	germany	PROPN
issue-2624	130	132	9,168	9,168	NUM
issue-2624	130	133	luxembourg	luxembourg	PROPN
issue-2624	130	134	5,779	5,779	NUM
issue-2624	130	135	united	united	PROPN
issue-2624	130	136	states	states	PROPN
issue-2624	130	137	9,165	9,165	NUM
issue-2624	130	138	republic	republic	NOUN
issue-2624	130	139	of	of	ADP
issue-2624	130	140	korea	korea	PROPN
issue-2624	130	141	6,478	6,478	NUM
issue-2624	130	142	latvia	latvia	PROPN
issue-2624	130	143	3,036	3,036	NUM
issue-2624	130	144	france	france	PROPN
issue-2624	130	145	5,876	5,876	NUM
issue-2624	130	146	jersey	jersey	PROPN
issue-2624	130	147	4,016	4,016	NUM
issue-2624	130	148	norway	norway	PROPN
issue-2624	130	149	2,244	2,244	NUM
issue-2624	130	150	luxembourg	luxembourg	PROPN
issue-2624	130	151	5,646	5,646	NUM
issue-2624	130	152	finland	finland	PROPN
issue-2624	130	153	2,865	2,865	NUM
issue-2624	130	154	united	united	PROPN
issue-2624	130	155	states	states	PROPN
issue-2624	130	156	2,139	2,139	NUM
issue-2624	130	157	germany	germany	PROPN
issue-2624	130	158	3,625	3,625	NUM
issue-2624	130	159	united	united	PROPN
issue-2624	130	160	states	states	PROPN
issue-2624	130	161	2,040	2,040	NUM
issue-2624	130	162	united	united	ADJ
issue-2624	130	163	kingdom	kingdom	PROPN
issue-2624	130	164	1,876	1,876	NUM
issue-2624	130	165	norway	norway	NOUN
issue-2624	130	166	2,720	2,720	NUM
issue-2624	130	167	switzerland	switzerland	NOUN
issue-2624	130	168	1,414	1,414	NUM
issue-2624	130	169	finland	finland	PROPN
issue-2624	130	170	0,885	0,885	NUM
issue-2624	130	171	source	source	NOUN
issue-2624	130	172	:	:	PUNCT
issue-2624	130	173	author	author	NOUN
issue-2624	130	174	’s	’s	PART
issue-2624	130	175	own	own	ADJ
issue-2624	130	176	calculations	calculation	NOUN
issue-2624	130	177	based	base	VERB
issue-2624	130	178	on	on	ADP
issue-2624	130	179	imf	imf	PROPN
issue-2624	130	180	data	data	PROPN
issue-2624	130	181	(	(	PUNCT
issue-2624	130	182	cpis	cpis	NOUN
issue-2624	130	183	table	table	NOUN
issue-2624	130	184	8)	8)	NUM
issue-2624	130	185	baltic	baltic	ADJ
issue-2624	130	186	journal	journal	NOUN
issue-2624	130	187	of	of	ADP
issue-2624	130	188	economic	economic	ADJ
issue-2624	130	189	studies	study	NOUN
issue-2624	130	190	25	25	NUM
issue-2624	130	191	vol	vol	NOUN
issue-2624	130	192	.	.	PUNCT
issue-2624	131	1	10	10	NUM
issue-2624	131	2	no	no	NOUN
issue-2624	131	3	.	.	NOUN
issue-2624	131	4	5	5	NUM
issue-2624	131	5	,	,	PUNCT
issue-2624	131	6	2024	2024	NUM
issue-2624	131	7	estimations	estimation	NOUN
issue-2624	131	8	,	,	PUNCT
issue-2624	131	9	cointegration	cointegration	NOUN
issue-2624	131	10	tests	test	NOUN
issue-2624	131	11	and	and	CCONJ
issue-2624	131	12	estimates	estimate	NOUN
issue-2624	131	13	of	of	ADP
issue-2624	131	14	frequency	frequency	NOUN
issue-2624	131	15	connectedness	connectedness	NOUN
issue-2624	131	16	.	.	PUNCT
issue-2624	132	1	the	the	DET
issue-2624	132	2	analyses	analysis	NOUN
issue-2624	132	3	were	be	AUX
issue-2624	132	4	conducted	conduct	VERB
issue-2624	132	5	on	on	ADP
issue-2624	132	6	one	one	NUM
issue-2624	132	7	baltic	baltic	ADJ
issue-2624	132	8	market	market	NOUN
issue-2624	132	9	and	and	CCONJ
issue-2624	132	10	one	one	NUM
issue-2624	132	11	representative	representative	NOUN
issue-2624	132	12	from	from	ADP
issue-2624	132	13	the	the	DET
issue-2624	132	14	global	global	ADJ
issue-2624	132	15	market	market	NOUN
issue-2624	132	16	at	at	ADP
issue-2624	132	17	a	a	DET
issue-2624	132	18	time	time	NOUN
issue-2624	132	19	.	.	PUNCT
issue-2624	133	1	the	the	DET
issue-2624	133	2	findings	finding	NOUN
issue-2624	133	3	indicated	indicate	VERB
issue-2624	133	4	that	that	SCONJ
issue-2624	133	5	baltic	baltic	ADJ
issue-2624	133	6	markets	market	NOUN
issue-2624	133	7	are	be	AUX
issue-2624	133	8	weakly	weakly	ADV
issue-2624	133	9	integrated	integrate	VERB
issue-2624	133	10	with	with	ADP
issue-2624	133	11	global	global	ADJ
issue-2624	133	12	markets	market	NOUN
issue-2624	133	13	.	.	PUNCT
issue-2624	134	1	among	among	ADP
issue-2624	134	2	the	the	DET
issue-2624	134	3	three	three	NUM
issue-2624	134	4	markets	market	NOUN
issue-2624	134	5	,	,	PUNCT
issue-2624	134	6	estonia	estonia	PROPN
issue-2624	134	7	and	and	CCONJ
issue-2624	134	8	lithuania	lithuania	PROPN
issue-2624	134	9	demonstrated	demonstrate	VERB
issue-2624	134	10	greater	great	ADJ
issue-2624	134	11	integration	integration	NOUN
issue-2624	134	12	than	than	ADP
issue-2624	134	13	latvia	latvia	PROPN
issue-2624	134	14	(	(	PUNCT
issue-2624	134	15	stulga	stulga	ADJ
issue-2624	134	16	,	,	PUNCT
issue-2624	134	17	2019	2019	NUM
issue-2624	134	18	)	)	PUNCT
issue-2624	134	19	.	.	PUNCT
issue-2624	135	1	the	the	DET
issue-2624	135	2	most	most	ADV
issue-2624	135	3	recent	recent	ADJ
issue-2624	135	4	study	study	NOUN
issue-2624	135	5	referenced	reference	VERB
issue-2624	135	6	in	in	ADP
issue-2624	135	7	this	this	DET
issue-2624	135	8	text	text	NOUN
issue-2624	135	9	was	be	AUX
issue-2624	135	10	published	publish	VERB
issue-2624	135	11	in	in	ADP
issue-2624	135	12	2020	2020	NUM
issue-2624	135	13	.	.	PUNCT
issue-2624	136	1	the	the	DET
issue-2624	136	2	study	study	NOUN
issue-2624	136	3	was	be	AUX
issue-2624	136	4	based	base	VERB
issue-2624	136	5	on	on	ADP
issue-2624	136	6	weekly	weekly	ADJ
issue-2624	136	7	returns	return	NOUN
issue-2624	136	8	for	for	ADP
issue-2624	136	9	the	the	DET
issue-2624	136	10	period	period	NOUN
issue-2624	136	11	2002	2002	NUM
issue-2624	136	12	to	to	ADP
issue-2624	136	13	2015	2015	NUM
issue-2624	136	14	,	,	PUNCT
issue-2624	136	15	and	and	CCONJ
issue-2624	136	16	included	include	VERB
issue-2624	136	17	cointegration	cointegration	NOUN
issue-2624	136	18	testing	testing	NOUN
issue-2624	136	19	.	.	PUNCT
issue-2624	137	1	the	the	DET
issue-2624	137	2	study	study	NOUN
issue-2624	137	3	was	be	AUX
issue-2624	137	4	based	base	VERB
issue-2624	137	5	on	on	ADP
issue-2624	137	6	weekly	weekly	ADJ
issue-2624	137	7	returns	return	NOUN
issue-2624	137	8	for	for	ADP
issue-2624	137	9	the	the	DET
issue-2624	137	10	period	period	NOUN
issue-2624	137	11	2002	2002	NUM
issue-2624	137	12	to	to	ADP
issue-2624	137	13	2015	2015	NUM
issue-2624	137	14	,	,	PUNCT
issue-2624	137	15	and	and	CCONJ
issue-2624	137	16	included	include	VERB
issue-2624	137	17	cointegration	cointegration	NOUN
issue-2624	137	18	testing	testing	NOUN
issue-2624	137	19	.	.	PUNCT
issue-2624	138	1	the	the	DET
issue-2624	138	2	results	result	NOUN
issue-2624	138	3	substantiated	substantiate	VERB
issue-2624	138	4	the	the	DET
issue-2624	138	5	hypothesis	hypothesis	NOUN
issue-2624	138	6	that	that	PRON
issue-2624	138	7	the	the	DET
issue-2624	138	8	baltic	baltic	ADJ
issue-2624	138	9	markets	market	NOUN
issue-2624	138	10	are	be	AUX
issue-2624	138	11	integrated	integrate	VERB
issue-2624	138	12	with	with	ADP
issue-2624	138	13	the	the	DET
issue-2624	138	14	swedish	swedish	ADJ
issue-2624	138	15	market	market	NOUN
issue-2624	138	16	.	.	PUNCT
issue-2624	139	1	as	as	ADP
issue-2624	139	2	a	a	DET
issue-2624	139	3	consequence	consequence	NOUN
issue-2624	139	4	of	of	ADP
issue-2624	139	5	their	their	PRON
issue-2624	139	6	well	well	ADV
issue-2624	139	7	-	-	PUNCT
issue-2624	139	8	established	establish	VERB
issue-2624	139	9	economic	economic	ADJ
issue-2624	139	10	relations	relation	NOUN
issue-2624	139	11	with	with	ADP
issue-2624	139	12	the	the	DET
issue-2624	139	13	nordic	nordic	ADJ
issue-2624	139	14	countries	country	NOUN
issue-2624	139	15	,	,	PUNCT
issue-2624	139	16	in	in	ADP
issue-2624	139	17	particular	particular	ADJ
issue-2624	139	18	sweden	sweden	PROPN
issue-2624	139	19	,	,	PUNCT
issue-2624	139	20	their	their	PRON
issue-2624	139	21	connections	connection	NOUN
issue-2624	139	22	with	with	ADP
issue-2624	139	23	the	the	DET
issue-2624	139	24	nordic	nordic	ADJ
issue-2624	139	25	countries	country	NOUN
issue-2624	139	26	are	be	AUX
issue-2624	139	27	much	much	ADV
issue-2624	139	28	stronger	strong	ADJ
issue-2624	139	29	than	than	ADP
issue-2624	139	30	with	with	ADP
issue-2624	139	31	poland	poland	PROPN
issue-2624	139	32	,	,	PUNCT
issue-2624	139	33	hungary	hungary	PROPN
issue-2624	139	34	and	and	CCONJ
issue-2624	139	35	the	the	DET
issue-2624	139	36	czech	czech	PROPN
issue-2624	139	37	republic	republic	NOUN
issue-2624	139	38	(	(	PUNCT
issue-2624	139	39	harkmann	harkmann	PROPN
issue-2624	139	40	,	,	PUNCT
issue-2624	139	41	2020	2020	NUM
issue-2624	139	42	)	)	PUNCT
issue-2624	139	43	.	.	PUNCT
issue-2624	140	1	while	while	SCONJ
issue-2624	140	2	stulga	stulga	PROPN
issue-2624	140	3	's	's	PART
issue-2624	140	4	2019	2019	NUM
issue-2624	140	5	sample	sample	NOUN
issue-2624	140	6	of	of	ADP
issue-2624	140	7	25	25	NUM
issue-2624	140	8	countries	country	NOUN
issue-2624	140	9	is	be	AUX
issue-2624	140	10	the	the	DET
issue-2624	140	11	most	most	ADV
issue-2624	140	12	comprehensive	comprehensive	ADJ
issue-2624	140	13	,	,	PUNCT
issue-2624	140	14	it	it	PRON
issue-2624	140	15	should	should	AUX
issue-2624	140	16	be	be	AUX
issue-2624	140	17	noted	note	VERB
issue-2624	140	18	that	that	SCONJ
issue-2624	140	19	none	none	NOUN
issue-2624	140	20	of	of	ADP
issue-2624	140	21	the	the	DET
issue-2624	140	22	quoted	quote	VERB
issue-2624	140	23	studies	study	NOUN
issue-2624	140	24	included	include	VERB
issue-2624	140	25	a	a	DET
issue-2624	140	26	global	global	ADJ
issue-2624	140	27	sample	sample	NOUN
issue-2624	140	28	.	.	PUNCT
issue-2624	141	1	the	the	DET
issue-2624	141	2	estimation	estimation	NOUN
issue-2624	141	3	techniques	technique	NOUN
issue-2624	141	4	employed	employ	VERB
issue-2624	141	5	in	in	ADP
issue-2624	141	6	the	the	DET
issue-2624	141	7	studies	study	NOUN
issue-2624	141	8	all	all	PRON
issue-2624	141	9	used	use	VERB
issue-2624	141	10	a	a	DET
issue-2624	141	11	single	single	ADJ
issue-2624	141	12	market	market	NOUN
issue-2624	141	13	at	at	ADP
issue-2624	141	14	a	a	DET
issue-2624	141	15	time	time	NOUN
issue-2624	141	16	.	.	PUNCT
issue-2624	142	1	for	for	ADP
issue-2624	142	2	instance	instance	NOUN
issue-2624	142	3	,	,	PUNCT
issue-2624	142	4	one	one	NUM
issue-2624	142	5	baltic	baltic	ADJ
issue-2624	142	6	market	market	NOUN
issue-2624	142	7	was	be	AUX
issue-2624	142	8	used	use	VERB
issue-2624	142	9	together	together	ADV
issue-2624	142	10	with	with	ADP
issue-2624	142	11	one	one	NUM
issue-2624	142	12	european	european	ADJ
issue-2624	142	13	market	market	NOUN
issue-2624	142	14	when	when	SCONJ
issue-2624	142	15	testing	test	VERB
issue-2624	142	16	for	for	ADP
issue-2624	142	17	cointegration	cointegration	NOUN
issue-2624	142	18	or	or	CCONJ
issue-2624	142	19	granger	granger	NOUN
issue-2624	142	20	causality	causality	NOUN
issue-2624	142	21	.	.	PUNCT
issue-2624	143	1	this	this	DET
issue-2624	143	2	empirical	empirical	ADJ
issue-2624	143	3	study	study	NOUN
issue-2624	143	4	builds	build	VERB
issue-2624	143	5	on	on	ADP
issue-2624	143	6	previous	previous	ADJ
issue-2624	143	7	research	research	NOUN
issue-2624	143	8	by	by	ADP
issue-2624	143	9	compiling	compile	VERB
issue-2624	143	10	a	a	DET
issue-2624	143	11	global	global	ADJ
issue-2624	143	12	sample	sample	NOUN
issue-2624	143	13	of	of	ADP
issue-2624	143	14	stock	stock	NOUN
issue-2624	143	15	exchanges	exchange	NOUN
issue-2624	143	16	and	and	CCONJ
issue-2624	143	17	attempting	attempt	VERB
issue-2624	143	18	to	to	PART
issue-2624	143	19	ascertain	ascertain	VERB
issue-2624	143	20	whether	whether	SCONJ
issue-2624	143	21	the	the	DET
issue-2624	143	22	various	various	ADJ
issue-2624	143	23	baltic	baltic	ADJ
issue-2624	143	24	markets	market	NOUN
issue-2624	143	25	are	be	AUX
issue-2624	143	26	integrated	integrate	VERB
issue-2624	143	27	with	with	ADP
issue-2624	143	28	global	global	ADJ
issue-2624	143	29	markets	market	NOUN
issue-2624	143	30	,	,	PUNCT
issue-2624	143	31	rather	rather	ADV
issue-2624	143	32	than	than	ADP
issue-2624	143	33	being	be	AUX
issue-2624	143	34	isolated	isolate	VERB
issue-2624	143	35	.	.	PUNCT
issue-2624	144	1	furthermore	furthermore	ADV
issue-2624	144	2	,	,	PUNCT
issue-2624	144	3	the	the	DET
issue-2624	144	4	study	study	NOUN
issue-2624	144	5	will	will	AUX
issue-2624	144	6	examine	examine	VERB
issue-2624	144	7	the	the	DET
issue-2624	144	8	dynamic	dynamic	ADJ
issue-2624	144	9	nature	nature	NOUN
issue-2624	144	10	of	of	ADP
issue-2624	144	11	integration	integration	NOUN
issue-2624	144	12	,	,	PUNCT
issue-2624	144	13	investigating	investigate	VERB
issue-2624	144	14	whether	whether	SCONJ
issue-2624	144	15	co	co	NOUN
issue-2624	144	16	-	-	NOUN
issue-2624	144	17	movements	movement	NOUN
issue-2624	144	18	increase	increase	VERB
issue-2624	144	19	or	or	CCONJ
issue-2624	144	20	decrease	decrease	VERB
issue-2624	144	21	over	over	ADP
issue-2624	144	22	time	time	NOUN
issue-2624	144	23	and	and	CCONJ
issue-2624	144	24	whether	whether	SCONJ
issue-2624	144	25	they	they	PRON
issue-2624	144	26	are	be	AUX
issue-2624	144	27	generally	generally	ADV
issue-2624	144	28	higher	high	ADJ
issue-2624	144	29	during	during	ADP
issue-2624	144	30	specific	specific	ADJ
issue-2624	144	31	periods	period	NOUN
issue-2624	144	32	.	.	PUNCT
issue-2624	145	1	4	4	X
issue-2624	145	2	.	.	X
issue-2624	145	3	data	datum	NOUN
issue-2624	145	4	and	and	CCONJ
issue-2624	145	5	method	method	VERB
issue-2624	145	6	the	the	DET
issue-2624	145	7	historic	historic	ADJ
issue-2624	145	8	stock	stock	NOUN
issue-2624	145	9	market	market	NOUN
issue-2624	145	10	data	datum	NOUN
issue-2624	145	11	for	for	ADP
issue-2624	145	12	the	the	DET
issue-2624	145	13	three	three	NUM
issue-2624	145	14	baltic	baltic	ADJ
issue-2624	145	15	countries	country	NOUN
issue-2624	145	16	,	,	PUNCT
issue-2624	145	17	spanning	span	VERB
issue-2624	145	18	the	the	DET
issue-2624	145	19	period	period	NOUN
issue-2624	145	20	from	from	ADP
issue-2624	145	21	january	january	PROPN
issue-2624	145	22	2010	2010	NUM
issue-2624	145	23	to	to	ADP
issue-2624	145	24	december	december	PROPN
issue-2624	145	25	2019	2019	NUM
issue-2624	145	26	,	,	PUNCT
issue-2624	145	27	was	be	AUX
issue-2624	145	28	sourced	source	VERB
issue-2624	145	29	from	from	ADP
issue-2624	145	30	refinitiv	refinitiv	PROPN
issue-2624	145	31	(	(	PUNCT
issue-2624	145	32	thomson	thomson	PROPN
issue-2624	145	33	reuters	reuters	PROPN
issue-2624	145	34	)	)	PUNCT
issue-2624	145	35	eikon	eikon	PROPN
issue-2624	145	36	.	.	PUNCT
issue-2624	146	1	the	the	DET
issue-2624	146	2	daily	daily	ADJ
issue-2624	146	3	data	datum	NOUN
issue-2624	146	4	for	for	ADP
issue-2624	146	5	omxrgi	omxrgi	ADJ
issue-2624	146	6	,	,	PUNCT
issue-2624	146	7	omxtgi	omxtgi	ADJ
issue-2624	146	8	and	and	CCONJ
issue-2624	146	9	omxvgi	omxvgi	PROPN
issue-2624	146	10	was	be	AUX
issue-2624	146	11	transformed	transform	VERB
issue-2624	146	12	into	into	ADP
issue-2624	146	13	weekly	weekly	ADJ
issue-2624	146	14	data	datum	NOUN
issue-2624	146	15	,	,	PUNCT
issue-2624	146	16	with	with	ADP
issue-2624	146	17	the	the	DET
issue-2624	146	18	weekly	weekly	ADJ
issue-2624	146	19	value	value	NOUN
issue-2624	146	20	being	be	AUX
issue-2624	146	21	represented	represent	VERB
issue-2624	146	22	by	by	ADP
issue-2624	146	23	the	the	DET
issue-2624	146	24	average	average	NOUN
issue-2624	146	25	of	of	ADP
issue-2624	146	26	the	the	DET
issue-2624	146	27	five	five	NUM
issue-2624	146	28	closing	closing	NOUN
issue-2624	146	29	values	value	NOUN
issue-2624	146	30	for	for	ADP
issue-2624	146	31	the	the	DET
issue-2624	146	32	week	week	NOUN
issue-2624	146	33	.	.	PUNCT
issue-2624	147	1	the	the	DET
issue-2624	147	2	weekly	weekly	ADJ
issue-2624	147	3	average	average	ADJ
issue-2624	147	4	closing	closing	NOUN
issue-2624	147	5	values	value	NOUN
issue-2624	147	6	were	be	AUX
issue-2624	147	7	then	then	ADV
issue-2624	147	8	employed	employ	VERB
issue-2624	147	9	in	in	ADP
issue-2624	147	10	the	the	DET
issue-2624	147	11	calculation	calculation	NOUN
issue-2624	147	12	of	of	ADP
issue-2624	147	13	weekly	weekly	ADJ
issue-2624	147	14	returns	return	NOUN
issue-2624	147	15	.	.	PUNCT
issue-2624	148	1	figure	figure	NOUN
issue-2624	148	2	1	1	NUM
issue-2624	148	3	illustrates	illustrate	VERB
issue-2624	148	4	the	the	DET
issue-2624	148	5	trends	trend	NOUN
issue-2624	148	6	and	and	CCONJ
issue-2624	148	7	movements	movement	NOUN
issue-2624	148	8	in	in	ADP
issue-2624	148	9	the	the	DET
issue-2624	148	10	three	three	NUM
issue-2624	148	11	stock	stock	NOUN
issue-2624	148	12	exchanges	exchange	NOUN
issue-2624	148	13	over	over	ADP
issue-2624	148	14	time	time	NOUN
issue-2624	148	15	.	.	PUNCT
issue-2624	149	1	all	all	DET
issue-2624	149	2	three	three	NUM
issue-2624	149	3	indices	index	NOUN
issue-2624	149	4	exhibited	exhibit	VERB
issue-2624	149	5	growth	growth	NOUN
issue-2624	149	6	and	and	CCONJ
issue-2624	149	7	were	be	AUX
issue-2624	149	8	at	at	ADP
issue-2624	149	9	a	a	DET
issue-2624	149	10	higher	high	ADJ
issue-2624	149	11	level	level	NOUN
issue-2624	149	12	by	by	ADP
issue-2624	149	13	the	the	DET
issue-2624	149	14	end	end	NOUN
issue-2624	149	15	of	of	ADP
issue-2624	149	16	2019	2019	NUM
issue-2624	149	17	,	,	PUNCT
issue-2624	149	18	in	in	ADP
issue-2624	149	19	comparison	comparison	NOUN
issue-2624	149	20	to	to	ADP
issue-2624	149	21	their	their	PRON
issue-2624	149	22	respective	respective	ADJ
issue-2624	149	23	starting	starting	NOUN
issue-2624	149	24	values	value	NOUN
issue-2624	149	25	in	in	ADP
issue-2624	149	26	january	january	PROPN
issue-2624	149	27	2010	2010	NUM
issue-2624	149	28	.	.	PUNCT
issue-2624	150	1	the	the	DET
issue-2624	150	2	vilnius	vilnius	PROPN
issue-2624	150	3	index	index	NOUN
issue-2624	150	4	(	(	PUNCT
issue-2624	150	5	omxv	omxv	PROPN
issue-2624	150	6	)	)	PUNCT
issue-2624	150	7	appears	appear	VERB
issue-2624	150	8	to	to	PART
issue-2624	150	9	demonstrate	demonstrate	VERB
issue-2624	150	10	a	a	DET
issue-2624	150	11	comparatively	comparatively	ADV
issue-2624	150	12	lower	low	ADJ
issue-2624	150	13	rate	rate	NOUN
issue-2624	150	14	of	of	ADP
issue-2624	150	15	growth	growth	NOUN
issue-2624	150	16	in	in	ADP
issue-2624	150	17	comparison	comparison	NOUN
issue-2624	150	18	to	to	ADP
issue-2624	150	19	the	the	DET
issue-2624	150	20	other	other	ADJ
issue-2624	150	21	two	two	NUM
issue-2624	150	22	.	.	PUNCT
issue-2624	151	1	the	the	DET
issue-2624	151	2	green	green	ADJ
issue-2624	151	3	line	line	NOUN
issue-2624	151	4	starts	start	VERB
issue-2624	151	5	at	at	ADP
issue-2624	151	6	about	about	ADV
issue-2624	151	7	400	400	NUM
issue-2624	151	8	and	and	CCONJ
issue-2624	151	9	ends	end	VERB
issue-2624	151	10	at	at	ADP
issue-2624	151	11	about	about	ADP
issue-2624	151	12	800	800	NUM
issue-2624	151	13	.	.	PUNCT
issue-2624	152	1	the	the	DET
issue-2624	152	2	orange	orange	PROPN
issue-2624	152	3	line	line	NOUN
issue-2624	152	4	for	for	ADP
issue-2624	152	5	tallinn	tallinn	PROPN
issue-2624	152	6	(	(	PUNCT
issue-2624	152	7	omxt	omxt	PROPN
issue-2624	152	8	)	)	PUNCT
issue-2624	152	9	starts	start	VERB
issue-2624	152	10	at	at	ADP
issue-2624	152	11	around	around	ADV
issue-2624	152	12	600	600	NUM
issue-2624	152	13	and	and	CCONJ
issue-2624	152	14	ends	end	VERB
issue-2624	152	15	at	at	ADP
issue-2624	152	16	around	around	ADP
issue-2624	152	17	1400	1400	NUM
issue-2624	152	18	.	.	PUNCT
issue-2624	153	1	the	the	DET
issue-2624	153	2	blue	blue	ADJ
issue-2624	153	3	line	line	NOUN
issue-2624	153	4	for	for	ADP
issue-2624	153	5	riga	riga	PROPN
issue-2624	153	6	(	(	PUNCT
issue-2624	153	7	omxr	omxr	PROPN
issue-2624	153	8	)	)	PUNCT
issue-2624	153	9	starts	start	VERB
issue-2624	153	10	just	just	ADV
issue-2624	153	11	above	above	ADP
issue-2624	153	12	400	400	NUM
issue-2624	153	13	and	and	CCONJ
issue-2624	153	14	ends	end	VERB
issue-2624	153	15	just	just	ADV
issue-2624	153	16	below	below	ADP
issue-2624	153	17	1200	1200	NUM
issue-2624	153	18	–	–	PUNCT
issue-2624	153	19	indicating	indicate	VERB
issue-2624	153	20	the	the	DET
issue-2624	153	21	highest	high	ADJ
issue-2624	153	22	growth	growth	NOUN
issue-2624	153	23	of	of	ADP
issue-2624	153	24	the	the	DET
issue-2624	153	25	index	index	NOUN
issue-2624	153	26	value	value	NOUN
issue-2624	153	27	over	over	ADP
issue-2624	153	28	time	time	NOUN
issue-2624	153	29	.	.	PUNCT
issue-2624	154	1	all	all	DET
issue-2624	154	2	three	three	NUM
issue-2624	154	3	indices	index	NOUN
issue-2624	154	4	reached	reach	VERB
issue-2624	154	5	a	a	DET
issue-2624	154	6	maximum	maximum	NOUN
issue-2624	154	7	in	in	ADP
issue-2624	154	8	early	early	ADJ
issue-2624	154	9	2018	2018	NUM
issue-2624	154	10	,	,	PUNCT
issue-2624	154	11	but	but	CCONJ
issue-2624	154	12	show	show	VERB
issue-2624	154	13	some	some	DET
issue-2624	154	14	unique	unique	ADJ
issue-2624	154	15	trends	trend	NOUN
issue-2624	154	16	over	over	ADP
issue-2624	154	17	time	time	NOUN
issue-2624	154	18	.	.	PUNCT
issue-2624	155	1	the	the	DET
issue-2624	155	2	tallinn	tallinn	PROPN
issue-2624	155	3	index	index	NOUN
issue-2624	155	4	demonstrates	demonstrate	VERB
issue-2624	155	5	a	a	DET
issue-2624	155	6	sudden	sudden	ADJ
issue-2624	155	7	increase	increase	NOUN
issue-2624	155	8	at	at	ADP
issue-2624	155	9	the	the	DET
issue-2624	155	10	beginning	beginning	NOUN
issue-2624	155	11	of	of	ADP
issue-2624	155	12	2013	2013	NUM
issue-2624	155	13	,	,	PUNCT
issue-2624	155	14	a	a	DET
issue-2624	155	15	phenomenon	phenomenon	NOUN
issue-2624	155	16	that	that	PRON
issue-2624	155	17	is	be	AUX
issue-2624	155	18	mirrored	mirror	VERB
issue-2624	155	19	by	by	ADP
issue-2624	155	20	the	the	DET
issue-2624	155	21	riga	riga	PROPN
issue-2624	155	22	index	index	NOUN
issue-2624	155	23	two	two	NUM
issue-2624	155	24	-	-	PUNCT
issue-2624	155	25	thirds	third	NOUN
issue-2624	155	26	of	of	ADP
issue-2624	155	27	the	the	DET
issue-2624	155	28	way	way	NOUN
issue-2624	155	29	through	through	ADP
issue-2624	155	30	2015	2015	NUM
issue-2624	155	31	.	.	PUNCT
issue-2624	156	1	table	table	NOUN
issue-2624	156	2	4	4	NUM
issue-2624	156	3	presents	present	VERB
issue-2624	156	4	a	a	DET
issue-2624	156	5	summary	summary	NOUN
issue-2624	156	6	of	of	ADP
issue-2624	156	7	the	the	DET
issue-2624	156	8	descriptive	descriptive	ADJ
issue-2624	156	9	statistics	statistic	NOUN
issue-2624	156	10	associated	associate	VERB
issue-2624	156	11	with	with	ADP
issue-2624	156	12	the	the	DET
issue-2624	156	13	calculated	calculate	VERB
issue-2624	156	14	weekly	weekly	ADJ
issue-2624	156	15	returns	return	NOUN
issue-2624	156	16	.	.	PUNCT
issue-2624	157	1	the	the	DET
issue-2624	157	2	riga	riga	PROPN
issue-2624	157	3	exchange	exchange	NOUN
issue-2624	157	4	recorded	record	VERB
issue-2624	157	5	the	the	DET
issue-2624	157	6	highest	high	ADJ
issue-2624	157	7	mean	mean	ADJ
issue-2624	157	8	weekly	weekly	ADJ
issue-2624	157	9	returns	return	NOUN
issue-2624	157	10	,	,	PUNCT
issue-2624	157	11	followed	follow	VERB
issue-2624	157	12	by	by	ADP
issue-2624	157	13	tallinn	tallinn	PROPN
issue-2624	157	14	and	and	CCONJ
issue-2624	157	15	vilnius	vilnius	PROPN
issue-2624	157	16	.	.	PUNCT
issue-2624	158	1	the	the	DET
issue-2624	158	2	ranking	ranking	NOUN
issue-2624	158	3	of	of	ADP
issue-2624	158	4	the	the	DET
issue-2624	158	5	three	three	NUM
issue-2624	158	6	average	average	ADJ
issue-2624	158	7	returns	return	NOUN
issue-2624	158	8	serves	serve	VERB
issue-2624	158	9	to	to	PART
issue-2624	158	10	corroborate	corroborate	VERB
issue-2624	158	11	the	the	DET
issue-2624	158	12	trend	trend	NOUN
issue-2624	158	13	observed	observe	VERB
issue-2624	158	14	in	in	ADP
issue-2624	158	15	figure	figure	NOUN
issue-2624	158	16	1	1	NUM
issue-2624	158	17	.	.	PUNCT
issue-2624	159	1	the	the	DET
issue-2624	159	2	maximum	maximum	ADJ
issue-2624	159	3	recorded	record	VERB
issue-2624	159	4	weekly	weekly	ADJ
issue-2624	159	5	return	return	NOUN
issue-2624	159	6	was	be	AUX
issue-2624	159	7	the	the	DET
issue-2624	159	8	highest	high	ADJ
issue-2624	159	9	in	in	ADP
issue-2624	159	10	riga	riga	PROPN
issue-2624	159	11	,	,	PUNCT
issue-2624	159	12	while	while	SCONJ
issue-2624	159	13	the	the	DET
issue-2624	159	14	minimum	minimum	ADJ
issue-2624	159	15	weekly	weekly	ADJ
issue-2624	159	16	return	return	NOUN
issue-2624	159	17	was	be	AUX
issue-2624	159	18	the	the	DET
issue-2624	159	19	lowest	low	ADJ
issue-2624	159	20	.	.	PUNCT
issue-2624	160	1	the	the	DET
issue-2624	160	2	standard	standard	ADJ
issue-2624	160	3	deviations	deviation	NOUN
issue-2624	160	4	illustrate	illustrate	VERB
issue-2624	160	5	a	a	DET
issue-2624	160	6	more	more	ADJ
issue-2624	160	7	figure	figure	NOUN
issue-2624	160	8	1	1	NUM
issue-2624	160	9	.	.	PUNCT
issue-2624	160	10	trends	trend	NOUN
issue-2624	160	11	in	in	ADP
issue-2624	160	12	the	the	DET
issue-2624	160	13	three	three	NUM
issue-2624	160	14	baltic	baltic	ADJ
issue-2624	160	15	stock	stock	NOUN
issue-2624	160	16	exchanges	exchange	NOUN
issue-2624	160	17	200	200	NUM
issue-2624	160	18	400	400	NUM
issue-2624	160	19	600	600	NUM
issue-2624	160	20	800	800	NUM
issue-2624	160	21	1,000	1,000	NUM
issue-2624	160	22	1,200	1,200	NUM
issue-2624	160	23	1,400	1,400	NUM
issue-2624	160	24	1,600	1,600	NUM
issue-2624	160	25	1,800	1,800	NUM
issue-2624	160	26	10	10	NUM
issue-2624	160	27	11	11	NUM
issue-2624	160	28	12	12	NUM
issue-2624	160	29	13	13	NUM
issue-2624	160	30	14	14	NUM
issue-2624	160	31	15	15	NUM
issue-2624	160	32	16	16	NUM
issue-2624	160	33	17	17	NUM
issue-2624	160	34	18	18	NUM
issue-2624	160	35	19	19	NUM
issue-2624	160	36	omxr	omxr	PROPN
issue-2624	160	37	omxt	omxt	VERB
issue-2624	160	38	omxv	omxv	PROPN
issue-2624	160	39	baltic	baltic	PROPN
issue-2624	160	40	journal	journal	PROPN
issue-2624	160	41	of	of	ADP
issue-2624	160	42	economic	economic	ADJ
issue-2624	160	43	studies	study	NOUN
issue-2624	160	44	26	26	NUM
issue-2624	160	45	vol	vol	NOUN
issue-2624	160	46	.	.	PUNCT
issue-2624	161	1	10	10	NUM
issue-2624	161	2	no	no	NOUN
issue-2624	161	3	.	.	NOUN
issue-2624	162	1	5	5	NUM
issue-2624	162	2	,	,	PUNCT
issue-2624	162	3	2024	2024	NUM
issue-2624	162	4	volatile	volatile	ADJ
issue-2624	162	5	riga	riga	PROPN
issue-2624	162	6	index	index	NOUN
issue-2624	162	7	,	,	PUNCT
issue-2624	162	8	followed	follow	VERB
issue-2624	162	9	by	by	ADP
issue-2624	162	10	those	those	PRON
issue-2624	162	11	of	of	ADP
issue-2624	162	12	tallinn	tallinn	PROPN
issue-2624	162	13	and	and	CCONJ
issue-2624	162	14	vilnius	vilnius	PROPN
issue-2624	162	15	.	.	PUNCT
issue-2624	163	1	as	as	SCONJ
issue-2624	163	2	illustrated	illustrate	VERB
issue-2624	163	3	in	in	ADP
issue-2624	163	4	figure	figure	NOUN
issue-2624	163	5	1	1	NUM
issue-2624	163	6	and	and	CCONJ
issue-2624	163	7	table	table	NOUN
issue-2624	163	8	4	4	NUM
issue-2624	163	9	,	,	PUNCT
issue-2624	163	10	there	there	PRON
issue-2624	163	11	are	be	VERB
issue-2624	163	12	instances	instance	NOUN
issue-2624	163	13	when	when	SCONJ
issue-2624	163	14	the	the	DET
issue-2624	163	15	three	three	NUM
issue-2624	163	16	indices	index	NOUN
issue-2624	163	17	do	do	AUX
issue-2624	163	18	not	not	PART
issue-2624	163	19	exhibit	exhibit	VERB
issue-2624	163	20	the	the	DET
issue-2624	163	21	same	same	ADJ
issue-2624	163	22	trend	trend	NOUN
issue-2624	163	23	.	.	PUNCT
issue-2624	164	1	this	this	PRON
issue-2624	164	2	is	be	AUX
issue-2624	164	3	corroborated	corroborate	VERB
issue-2624	164	4	by	by	ADP
issue-2624	164	5	the	the	DET
issue-2624	164	6	calculated	calculate	VERB
issue-2624	164	7	correlations	correlation	NOUN
issue-2624	164	8	between	between	ADP
issue-2624	164	9	the	the	DET
issue-2624	164	10	three	three	NUM
issue-2624	164	11	indices	index	NOUN
issue-2624	164	12	,	,	PUNCT
issue-2624	164	13	as	as	SCONJ
issue-2624	164	14	presented	present	VERB
issue-2624	164	15	in	in	ADP
issue-2624	164	16	the	the	DET
issue-2624	164	17	initial	initial	ADJ
issue-2624	164	18	columns	column	NOUN
issue-2624	164	19	of	of	ADP
issue-2624	164	20	table	table	NOUN
issue-2624	164	21	5	5	NUM
issue-2624	164	22	,	,	PUNCT
issue-2624	164	23	and	and	CCONJ
issue-2624	164	24	their	their	PRON
issue-2624	164	25	calculated	calculate	VERB
issue-2624	164	26	returns	return	NOUN
issue-2624	164	27	,	,	PUNCT
issue-2624	164	28	as	as	SCONJ
issue-2624	164	29	displayed	display	VERB
issue-2624	164	30	in	in	ADP
issue-2624	164	31	the	the	DET
issue-2624	164	32	subsequent	subsequent	ADJ
issue-2624	164	33	columns	column	NOUN
issue-2624	164	34	of	of	ADP
issue-2624	164	35	the	the	DET
issue-2624	164	36	same	same	ADJ
issue-2624	164	37	table	table	NOUN
issue-2624	164	38	.	.	PUNCT
issue-2624	165	1	the	the	DET
issue-2624	165	2	correlation	correlation	NOUN
issue-2624	165	3	between	between	ADP
issue-2624	165	4	omxrgi	omxrgi	NOUN
issue-2624	165	5	and	and	CCONJ
issue-2624	165	6	omxtgi	omxtgi	ADJ
issue-2624	165	7	is	be	AUX
issue-2624	165	8	very	very	ADV
issue-2624	165	9	similar	similar	ADJ
issue-2624	165	10	to	to	ADP
issue-2624	165	11	that	that	PRON
issue-2624	165	12	between	between	ADP
issue-2624	165	13	omxrgi	omxrgi	NOUN
issue-2624	165	14	and	and	CCONJ
issue-2624	165	15	omxvgi	omxvgi	PROPN
issue-2624	165	16	.	.	PUNCT
issue-2624	166	1	omxtgi	omxtgi	PROPN
issue-2624	166	2	and	and	CCONJ
issue-2624	166	3	omxvgi	omxvgi	PROPN
issue-2624	166	4	have	have	VERB
issue-2624	166	5	the	the	DET
issue-2624	166	6	highest	high	ADJ
issue-2624	166	7	correlation	correlation	NOUN
issue-2624	166	8	.	.	PUNCT
issue-2624	167	1	the	the	DET
issue-2624	167	2	correlations	correlation	NOUN
issue-2624	167	3	between	between	ADP
issue-2624	167	4	the	the	DET
issue-2624	167	5	three	three	NUM
issue-2624	167	6	returns	return	NOUN
issue-2624	167	7	follow	follow	VERB
issue-2624	167	8	the	the	DET
issue-2624	167	9	same	same	ADJ
issue-2624	167	10	trend	trend	NOUN
issue-2624	167	11	.	.	PUNCT
issue-2624	168	1	the	the	DET
issue-2624	168	2	capital	capital	NOUN
issue-2624	168	3	asset	asset	NOUN
issue-2624	168	4	pricing	pricing	NOUN
issue-2624	168	5	model	model	NOUN
issue-2624	168	6	(	(	PUNCT
issue-2624	168	7	capm	capm	PROPN
issue-2624	168	8	)	)	PUNCT
issue-2624	168	9	proposed	propose	VERB
issue-2624	168	10	by	by	ADP
issue-2624	168	11	sharpe	sharpe	PROPN
issue-2624	168	12	(	(	PUNCT
issue-2624	168	13	1964	1964	NUM
issue-2624	168	14	)	)	PUNCT
issue-2624	168	15	and	and	CCONJ
issue-2624	168	16	lintner	lintner	X
issue-2624	168	17	(	(	PUNCT
issue-2624	168	18	1965	1965	NUM
issue-2624	168	19	)	)	PUNCT
issue-2624	168	20	forms	form	VERB
issue-2624	168	21	the	the	DET
issue-2624	168	22	basis	basis	NOUN
issue-2624	168	23	of	of	ADP
issue-2624	168	24	the	the	DET
issue-2624	168	25	empirical	empirical	ADJ
issue-2624	168	26	approach	approach	NOUN
issue-2624	168	27	adopted	adopt	VERB
issue-2624	168	28	in	in	ADP
issue-2624	168	29	this	this	DET
issue-2624	168	30	paper	paper	NOUN
issue-2624	168	31	.	.	PUNCT
issue-2624	169	1	according	accord	VERB
issue-2624	169	2	to	to	ADP
issue-2624	169	3	capm	capm	PROPN
issue-2624	169	4	,	,	PUNCT
issue-2624	169	5	one	one	NUM
issue-2624	169	6	factor	factor	NOUN
issue-2624	169	7	is	be	AUX
issue-2624	169	8	driving	drive	VERB
issue-2624	169	9	excess	excess	ADJ
issue-2624	169	10	returns	return	NOUN
issue-2624	169	11	on	on	ADP
issue-2624	169	12	equity	equity	NOUN
issue-2624	169	13	markets	market	NOUN
issue-2624	169	14	.	.	PUNCT
issue-2624	170	1	the	the	DET
issue-2624	170	2	initial	initial	ADJ
issue-2624	170	3	capm	capm	PROPN
issue-2624	170	4	was	be	AUX
issue-2624	170	5	later	later	ADV
issue-2624	170	6	adjusted	adjust	VERB
issue-2624	170	7	into	into	ADP
issue-2624	170	8	the	the	DET
issue-2624	170	9	arbitrage	arbitrage	NOUN
issue-2624	170	10	pricing	pricing	NOUN
issue-2624	170	11	theory	theory	NOUN
issue-2624	170	12	(	(	PUNCT
issue-2624	170	13	apt	apt	ADJ
issue-2624	170	14	)	)	PUNCT
issue-2624	170	15	by	by	ADP
issue-2624	170	16	ross	ross	PROPN
issue-2624	170	17	(	(	PUNCT
issue-2624	170	18	1976	1976	NUM
issue-2624	170	19	)	)	PUNCT
issue-2624	170	20	,	,	PUNCT
issue-2624	170	21	which	which	PRON
issue-2624	170	22	allows	allow	VERB
issue-2624	170	23	for	for	ADP
issue-2624	170	24	a	a	DET
issue-2624	170	25	multi	multi	ADJ
issue-2624	170	26	-	-	ADJ
issue-2624	170	27	factor	factor	NOUN
issue-2624	170	28	model	model	NOUN
issue-2624	170	29	.	.	PUNCT
issue-2624	171	1	systematic	systematic	ADJ
issue-2624	171	2	movements	movement	NOUN
issue-2624	171	3	in	in	ADP
issue-2624	171	4	stock	stock	NOUN
issue-2624	171	5	returns	return	NOUN
issue-2624	171	6	could	could	AUX
issue-2624	171	7	now	now	ADV
issue-2624	171	8	be	be	AUX
issue-2624	171	9	attributed	attribute	VERB
issue-2624	171	10	to	to	ADP
issue-2624	171	11	more	more	ADJ
issue-2624	171	12	than	than	ADP
issue-2624	171	13	one	one	NUM
issue-2624	171	14	factor	factor	NOUN
issue-2624	171	15	–	–	PUNCT
issue-2624	171	16	or	or	CCONJ
issue-2624	171	17	to	to	ADP
issue-2624	171	18	a	a	DET
issue-2624	171	19	linear	linear	ADJ
issue-2624	171	20	function	function	NOUN
issue-2624	171	21	of	of	ADP
issue-2624	171	22	a	a	DET
issue-2624	171	23	number	number	NOUN
issue-2624	171	24	of	of	ADP
issue-2624	171	25	factors	factor	NOUN
issue-2624	171	26	.	.	PUNCT
issue-2624	172	1	a	a	DET
issue-2624	172	2	few	few	ADJ
issue-2624	172	3	years	year	NOUN
issue-2624	172	4	later	later	ADV
issue-2624	172	5	,	,	PUNCT
issue-2624	172	6	chamberlain	chamberlain	NOUN
issue-2624	172	7	and	and	CCONJ
issue-2624	172	8	rothschild	rothschild	PROPN
issue-2624	172	9	(	(	PUNCT
issue-2624	172	10	1983	1983	NUM
issue-2624	172	11	)	)	PUNCT
issue-2624	172	12	provided	provide	VERB
issue-2624	172	13	asymptotic	asymptotic	ADJ
issue-2624	172	14	conditions	condition	NOUN
issue-2624	172	15	for	for	ADP
issue-2624	172	16	empirically	empirically	ADV
issue-2624	172	17	estimating	estimate	VERB
issue-2624	172	18	the	the	DET
issue-2624	172	19	factors	factor	NOUN
issue-2624	172	20	underlying	underlie	VERB
issue-2624	172	21	the	the	DET
issue-2624	172	22	apt	apt	ADJ
issue-2624	172	23	using	use	VERB
issue-2624	172	24	principal	principal	ADJ
issue-2624	172	25	component	component	NOUN
issue-2624	172	26	analysis	analysis	NOUN
issue-2624	172	27	.	.	PUNCT
issue-2624	173	1	in	in	ADP
issue-2624	173	2	this	this	DET
issue-2624	173	3	way	way	NOUN
issue-2624	173	4	,	,	PUNCT
issue-2624	173	5	changes	change	NOUN
issue-2624	173	6	observed	observe	VERB
issue-2624	173	7	in	in	ADP
issue-2624	173	8	a	a	DET
issue-2624	173	9	panel	panel	NOUN
issue-2624	173	10	of	of	ADP
issue-2624	173	11	time	time	NOUN
issue-2624	173	12	series	series	PROPN
issue-2624	173	13	are	be	AUX
issue-2624	173	14	attributed	attribute	VERB
issue-2624	173	15	to	to	ADP
issue-2624	173	16	either	either	CCONJ
issue-2624	173	17	a	a	DET
issue-2624	173	18	common	common	ADJ
issue-2624	173	19	component	component	NOUN
issue-2624	173	20	or	or	CCONJ
issue-2624	173	21	an	an	DET
issue-2624	173	22	idiosyncratic	idiosyncratic	ADJ
issue-2624	173	23	component	component	NOUN
issue-2624	173	24	.	.	PUNCT
issue-2624	174	1	a	a	DET
issue-2624	174	2	number	number	NOUN
issue-2624	174	3	of	of	ADP
issue-2624	174	4	latent	latent	NOUN
issue-2624	174	5	factors	factor	NOUN
issue-2624	174	6	could	could	AUX
issue-2624	174	7	account	account	VERB
issue-2624	174	8	for	for	ADP
issue-2624	174	9	the	the	DET
issue-2624	174	10	common	common	ADJ
issue-2624	174	11	component	component	NOUN
issue-2624	174	12	,	,	PUNCT
issue-2624	174	13	while	while	SCONJ
issue-2624	174	14	the	the	DET
issue-2624	174	15	unique	unique	ADJ
issue-2624	174	16	movement	movement	NOUN
issue-2624	174	17	of	of	ADP
issue-2624	174	18	a	a	DET
issue-2624	174	19	time	time	NOUN
issue-2624	174	20	series	series	NOUN
issue-2624	174	21	is	be	AUX
issue-2624	174	22	attributed	attribute	VERB
issue-2624	174	23	to	to	ADP
issue-2624	174	24	an	an	DET
issue-2624	174	25	idiosyncratic	idiosyncratic	ADJ
issue-2624	174	26	component	component	NOUN
issue-2624	174	27	or	or	CCONJ
issue-2624	174	28	factors	factor	NOUN
issue-2624	174	29	that	that	PRON
issue-2624	174	30	specifically	specifically	ADV
issue-2624	174	31	affect	affect	VERB
issue-2624	174	32	the	the	DET
issue-2624	174	33	specific	specific	ADJ
issue-2624	174	34	series	series	NOUN
issue-2624	174	35	.	.	PUNCT
issue-2624	175	1	based	base	VERB
issue-2624	175	2	on	on	ADP
issue-2624	175	3	the	the	DET
issue-2624	175	4	above	above	ADJ
issue-2624	175	5	discussion	discussion	NOUN
issue-2624	175	6	–	–	PUNCT
issue-2624	175	7	in	in	ADP
issue-2624	175	8	particular	particular	ADJ
issue-2624	175	9	the	the	DET
issue-2624	175	10	apt	apt	ADJ
issue-2624	175	11	–	–	PUNCT
issue-2624	175	12	the	the	DET
issue-2624	175	13	empirical	empirical	ADJ
issue-2624	175	14	analysis	analysis	NOUN
issue-2624	175	15	looks	look	VERB
issue-2624	175	16	for	for	ADP
issue-2624	175	17	common	common	ADJ
issue-2624	175	18	sources	source	NOUN
issue-2624	175	19	of	of	ADP
issue-2624	175	20	variation	variation	NOUN
issue-2624	175	21	in	in	ADP
issue-2624	175	22	a	a	DET
issue-2624	175	23	global	global	ADJ
issue-2624	175	24	sample	sample	NOUN
issue-2624	175	25	of	of	ADP
issue-2624	175	26	stock	stock	NOUN
issue-2624	175	27	market	market	NOUN
issue-2624	175	28	returns	return	NOUN
issue-2624	175	29	.	.	PUNCT
issue-2624	176	1	factor	factor	NOUN
issue-2624	176	2	analysis	analysis	NOUN
issue-2624	176	3	,	,	PUNCT
issue-2624	176	4	using	use	VERB
issue-2624	176	5	principal	principal	ADJ
issue-2624	176	6	component	component	NOUN
issue-2624	176	7	analysis	analysis	NOUN
issue-2624	176	8	,	,	PUNCT
issue-2624	176	9	first	first	ADV
issue-2624	176	10	identifies	identify	VERB
issue-2624	176	11	the	the	DET
issue-2624	176	12	relevant	relevant	ADJ
issue-2624	176	13	number	number	NOUN
issue-2624	176	14	of	of	ADP
issue-2624	176	15	latent	latent	NOUN
issue-2624	176	16	factors	factor	NOUN
issue-2624	176	17	driving	drive	VERB
issue-2624	176	18	variation	variation	NOUN
issue-2624	176	19	in	in	ADP
issue-2624	176	20	this	this	DET
issue-2624	176	21	global	global	ADJ
issue-2624	176	22	sample	sample	NOUN
issue-2624	176	23	.	.	PUNCT
issue-2624	177	1	the	the	DET
issue-2624	177	2	next	next	ADJ
issue-2624	177	3	step	step	NOUN
issue-2624	177	4	is	be	AUX
issue-2624	177	5	to	to	PART
issue-2624	177	6	extract	extract	VERB
issue-2624	177	7	the	the	DET
issue-2624	177	8	indicated	indicate	VERB
issue-2624	177	9	number	number	NOUN
issue-2624	177	10	of	of	ADP
issue-2624	177	11	latent	latent	NOUN
issue-2624	177	12	factors	factor	NOUN
issue-2624	177	13	behind	behind	ADP
issue-2624	177	14	global	global	ADJ
issue-2624	177	15	systemic	systemic	ADJ
issue-2624	177	16	risk	risk	NOUN
issue-2624	177	17	.	.	PUNCT
issue-2624	178	1	these	these	DET
issue-2624	178	2	factors	factor	NOUN
issue-2624	178	3	are	be	AUX
issue-2624	178	4	included	include	VERB
issue-2624	178	5	as	as	ADP
issue-2624	178	6	independent	independent	ADJ
issue-2624	178	7	variables	variable	NOUN
issue-2624	178	8	explaining	explain	VERB
issue-2624	178	9	the	the	DET
issue-2624	178	10	variation	variation	NOUN
issue-2624	178	11	in	in	ADP
issue-2624	178	12	returns	return	NOUN
issue-2624	178	13	of	of	ADP
issue-2624	178	14	each	each	DET
issue-2624	178	15	country	country	NOUN
issue-2624	178	16	's	's	PART
issue-2624	178	17	stock	stock	NOUN
issue-2624	178	18	market	market	NOUN
issue-2624	178	19	.	.	PUNCT
issue-2624	179	1	the	the	DET
issue-2624	179	2	estimated	estimate	VERB
issue-2624	179	3	r	r	NOUN
issue-2624	179	4	-	-	PUNCT
issue-2624	179	5	squared	square	VERB
issue-2624	179	6	(	(	PUNCT
issue-2624	179	7	or	or	CCONJ
issue-2624	179	8	explanatory	explanatory	ADJ
issue-2624	179	9	power	power	NOUN
issue-2624	179	10	of	of	ADP
issue-2624	179	11	the	the	DET
issue-2624	179	12	regression	regression	NOUN
issue-2624	179	13	)	)	PUNCT
issue-2624	179	14	provides	provide	VERB
issue-2624	179	15	an	an	DET
issue-2624	179	16	indication	indication	NOUN
issue-2624	179	17	of	of	ADP
issue-2624	179	18	the	the	DET
issue-2624	179	19	degree	degree	NOUN
issue-2624	179	20	of	of	ADP
issue-2624	179	21	stock	stock	NOUN
issue-2624	179	22	market	market	NOUN
issue-2624	179	23	integration	integration	NOUN
issue-2624	179	24	with	with	ADP
issue-2624	179	25	global	global	ADJ
issue-2624	179	26	markets	market	NOUN
issue-2624	179	27	.	.	PUNCT
issue-2624	180	1	in	in	ADP
issue-2624	180	2	this	this	DET
issue-2624	180	3	study	study	NOUN
issue-2624	180	4	,	,	PUNCT
issue-2624	180	5	the	the	DET
issue-2624	180	6	approach	approach	NOUN
issue-2624	180	7	is	be	AUX
issue-2624	180	8	to	to	ADP
issue-2624	180	9	regress	regress	ADJ
issue-2624	180	10	estonian	estonian	ADJ
issue-2624	180	11	,	,	PUNCT
issue-2624	180	12	latvian	latvian	ADJ
issue-2624	180	13	and	and	CCONJ
issue-2624	180	14	lithuanian	lithuanian	ADJ
issue-2624	180	15	returns	return	NOUN
issue-2624	180	16	on	on	ADP
issue-2624	180	17	the	the	DET
issue-2624	180	18	aforementioned	aforementioned	ADJ
issue-2624	180	19	factors	factor	NOUN
issue-2624	180	20	in	in	ADP
issue-2624	180	21	order	order	NOUN
issue-2624	180	22	to	to	PART
issue-2624	180	23	ascertain	ascertain	VERB
issue-2624	180	24	their	their	PRON
issue-2624	180	25	individual	individual	ADJ
issue-2624	180	26	levels	level	NOUN
issue-2624	180	27	of	of	ADP
issue-2624	180	28	stock	stock	NOUN
issue-2624	180	29	market	market	NOUN
issue-2624	180	30	integration	integration	NOUN
issue-2624	180	31	.	.	PUNCT
issue-2624	181	1	this	this	DET
issue-2624	181	2	empirical	empirical	ADJ
issue-2624	181	3	approach	approach	NOUN
issue-2624	181	4	is	be	AUX
issue-2624	181	5	analogous	analogous	ADJ
issue-2624	181	6	to	to	ADP
issue-2624	181	7	those	those	PRON
issue-2624	181	8	employed	employ	VERB
issue-2624	181	9	by	by	ADP
issue-2624	181	10	kabundi	kabundi	NOUN
issue-2624	181	11	and	and	CCONJ
issue-2624	181	12	mouchili	mouchili	NOUN
issue-2624	181	13	(	(	PUNCT
issue-2624	181	14	2009	2009	NUM
issue-2624	181	15	)	)	PUNCT
issue-2624	181	16	and	and	CCONJ
issue-2624	181	17	pukthuanthong	pukthuanthong	NOUN
issue-2624	181	18	and	and	CCONJ
issue-2624	181	19	roll	roll	NOUN
issue-2624	181	20	(	(	PUNCT
issue-2624	181	21	2009	2009	NUM
issue-2624	181	22	)	)	PUNCT
issue-2624	181	23	.	.	PUNCT
issue-2624	182	1	in	in	ADP
issue-2624	182	2	order	order	NOUN
issue-2624	182	3	to	to	PART
issue-2624	182	4	identify	identify	VERB
issue-2624	182	5	these	these	DET
issue-2624	182	6	underlying	underlie	VERB
issue-2624	182	7	common	common	ADJ
issue-2624	182	8	factors	factor	NOUN
issue-2624	182	9	,	,	PUNCT
issue-2624	182	10	a	a	DET
issue-2624	182	11	global	global	ADJ
issue-2624	182	12	sample	sample	NOUN
issue-2624	182	13	of	of	ADP
issue-2624	182	14	stock	stock	NOUN
issue-2624	182	15	market	market	NOUN
issue-2624	182	16	indices	index	NOUN
issue-2624	182	17	was	be	AUX
issue-2624	182	18	retrieved	retrieve	VERB
issue-2624	182	19	from	from	ADP
issue-2624	182	20	refinitiv	refinitiv	PROPN
issue-2624	182	21	(	(	PUNCT
issue-2624	182	22	thomson	thomson	PROPN
issue-2624	182	23	reuters	reuters	PROPN
issue-2624	182	24	)	)	PUNCT
issue-2624	182	25	eikon	eikon	PROPN
issue-2624	182	26	.	.	PUNCT
issue-2624	183	1	the	the	DET
issue-2624	183	2	all	all	DET
issue-2624	183	3	-	-	PUNCT
issue-2624	183	4	share	share	NOUN
issue-2624	183	5	indices	index	NOUN
issue-2624	183	6	for	for	ADP
issue-2624	183	7	41	41	NUM
issue-2624	183	8	countries	country	NOUN
issue-2624	183	9	were	be	AUX
issue-2624	183	10	compiled	compile	VERB
issue-2624	183	11	by	by	ADP
issue-2624	183	12	thomson	thomson	PROPN
issue-2624	183	13	reuters	reuters	PROPN
issue-2624	183	14	and	and	CCONJ
issue-2624	183	15	are	be	AUX
issue-2624	183	16	therefore	therefore	ADV
issue-2624	183	17	comparable	comparable	ADJ
issue-2624	183	18	.	.	PUNCT
issue-2624	184	1	in	in	ADP
issue-2624	184	2	order	order	NOUN
issue-2624	184	3	to	to	PART
issue-2624	184	4	eliminate	eliminate	VERB
issue-2624	184	5	the	the	DET
issue-2624	184	6	impact	impact	NOUN
issue-2624	184	7	of	of	ADP
issue-2624	184	8	exchange	exchange	NOUN
issue-2624	184	9	rate	rate	NOUN
issue-2624	184	10	variability	variability	NOUN
issue-2624	184	11	,	,	PUNCT
issue-2624	184	12	the	the	DET
issue-2624	184	13	daily	daily	ADJ
issue-2624	184	14	closing	closing	NOUN
issue-2624	184	15	values	value	NOUN
issue-2624	184	16	of	of	ADP
issue-2624	184	17	the	the	DET
issue-2624	184	18	indices	index	NOUN
issue-2624	184	19	are	be	AUX
issue-2624	184	20	reported	report	VERB
issue-2624	184	21	in	in	ADP
issue-2624	184	22	the	the	DET
issue-2624	184	23	common	common	ADJ
issue-2624	184	24	exchange	exchange	NOUN
issue-2624	184	25	rate	rate	NOUN
issue-2624	184	26	of	of	ADP
issue-2624	184	27	the	the	DET
issue-2624	184	28	us	us	PROPN
issue-2624	184	29	dollar	dollar	NOUN
issue-2624	184	30	.	.	PUNCT
issue-2624	185	1	subsequently	subsequently	ADV
issue-2624	185	2	,	,	PUNCT
issue-2624	185	3	the	the	DET
issue-2624	185	4	five	five	NUM
issue-2624	185	5	daily	daily	ADJ
issue-2624	185	6	values	value	NOUN
issue-2624	185	7	are	be	AUX
issue-2624	185	8	converted	convert	VERB
issue-2624	185	9	into	into	ADP
issue-2624	185	10	weekly	weekly	ADJ
issue-2624	185	11	averages	average	NOUN
issue-2624	185	12	for	for	ADP
issue-2624	185	13	the	the	DET
issue-2624	185	14	entire	entire	ADJ
issue-2624	185	15	period	period	NOUN
issue-2624	185	16	between	between	ADP
issue-2624	185	17	january	january	PROPN
issue-2624	185	18	2010	2010	NUM
issue-2624	185	19	and	and	CCONJ
issue-2624	185	20	december	december	PROPN
issue-2624	185	21	2019	2019	NUM
issue-2624	185	22	,	,	PUNCT
issue-2624	185	23	resulting	result	VERB
issue-2624	185	24	in	in	ADP
issue-2624	185	25	521	521	NUM
issue-2624	185	26	weekly	weekly	ADJ
issue-2624	185	27	observations	observation	NOUN
issue-2624	185	28	.	.	PUNCT
issue-2624	186	1	the	the	DET
issue-2624	186	2	calculation	calculation	NOUN
issue-2624	186	3	of	of	ADP
issue-2624	186	4	weekly	weekly	ADJ
issue-2624	186	5	returns	return	NOUN
issue-2624	186	6	is	be	AUX
issue-2624	186	7	based	base	VERB
issue-2624	186	8	on	on	ADP
issue-2624	186	9	the	the	DET
issue-2624	186	10	logarithmic	logarithmic	ADJ
issue-2624	186	11	first	first	ADJ
issue-2624	186	12	differences	difference	NOUN
issue-2624	186	13	of	of	ADP
issue-2624	186	14	the	the	DET
issue-2624	186	15	index	index	NOUN
issue-2624	186	16	values	value	NOUN
issue-2624	186	17	.	.	PUNCT
issue-2624	187	1	the	the	DET
issue-2624	187	2	series	series	NOUN
issue-2624	187	3	of	of	ADP
issue-2624	187	4	weekly	weekly	ADJ
issue-2624	187	5	returns	return	NOUN
issue-2624	187	6	are	be	AUX
issue-2624	187	7	stationary	stationary	ADJ
issue-2624	187	8	,	,	PUNCT
issue-2624	187	9	which	which	PRON
issue-2624	187	10	is	be	AUX
issue-2624	187	11	a	a	DET
issue-2624	187	12	prerequisite	prerequisite	NOUN
issue-2624	187	13	for	for	ADP
issue-2624	187	14	factor	factor	NOUN
issue-2624	187	15	analysis	analysis	NOUN
issue-2624	187	16	.	.	PUNCT
issue-2624	188	1	the	the	DET
issue-2624	188	2	data	datum	NOUN
issue-2624	188	3	for	for	ADP
issue-2624	188	4	the	the	DET
issue-2624	188	5	41	41	NUM
issue-2624	188	6	countries	country	NOUN
issue-2624	188	7	was	be	AUX
issue-2624	188	8	grouped	group	VERB
issue-2624	188	9	into	into	ADP
issue-2624	188	10	two	two	NUM
issue-2624	188	11	subsamples	subsample	NOUN
issue-2624	188	12	,	,	PUNCT
issue-2624	188	13	which	which	PRON
issue-2624	188	14	were	be	AUX
issue-2624	188	15	deemed	deem	VERB
issue-2624	188	16	to	to	PART
issue-2624	188	17	be	be	AUX
issue-2624	188	18	representative	representative	ADJ
issue-2624	188	19	of	of	ADP
issue-2624	188	20	developed	develop	VERB
issue-2624	188	21	and	and	CCONJ
issue-2624	188	22	emerging	emerge	VERB
issue-2624	188	23	stock	stock	NOUN
issue-2624	188	24	markets	market	NOUN
issue-2624	188	25	,	,	PUNCT
issue-2624	188	26	respectively	respectively	ADV
issue-2624	188	27	.	.	PUNCT
issue-2624	189	1	the	the	DET
issue-2624	189	2	developed	develop	VERB
issue-2624	189	3	group	group	NOUN
issue-2624	189	4	comprises	comprise	VERB
issue-2624	189	5	the	the	DET
issue-2624	189	6	following	follow	VERB
issue-2624	189	7	countries	country	NOUN
issue-2624	189	8	:	:	PUNCT
issue-2624	189	9	australia	australia	PROPN
issue-2624	189	10	,	,	PUNCT
issue-2624	189	11	austria	austria	PROPN
issue-2624	189	12	,	,	PUNCT
issue-2624	189	13	belgium	belgium	PROPN
issue-2624	189	14	,	,	PUNCT
issue-2624	189	15	canada	canada	PROPN
issue-2624	189	16	,	,	PUNCT
issue-2624	189	17	denmark	denmark	PROPN
issue-2624	189	18	,	,	PUNCT
issue-2624	189	19	finland	finland	PROPN
issue-2624	189	20	,	,	PUNCT
issue-2624	189	21	france	france	PROPN
issue-2624	189	22	,	,	PUNCT
issue-2624	189	23	germany	germany	PROPN
issue-2624	189	24	,	,	PUNCT
issue-2624	189	25	hong	hong	PROPN
issue-2624	189	26	kong	kong	PROPN
issue-2624	189	27	,	,	PUNCT
issue-2624	189	28	table	table	NOUN
issue-2624	189	29	4	4	NUM
issue-2624	189	30	descriptive	descriptive	ADJ
issue-2624	189	31	statistics	statistic	NOUN
issue-2624	189	32	of	of	ADP
issue-2624	189	33	weekly	weekly	ADJ
issue-2624	189	34	returns	return	NOUN
issue-2624	189	35	statistic	statistic	VERB
issue-2624	189	36	omxrgi	omxrgi	PROPN
issue-2624	189	37	omxtgi	omxtgi	PROPN
issue-2624	189	38	omxvgi	omxvgi	PROPN
issue-2624	189	39	mean	mean	VERB
issue-2624	189	40	0.001909	0.001909	NUM
issue-2624	189	41	0.001686	0.001686	NUM
issue-2624	189	42	0.001435	0.001435	NUM
issue-2624	189	43	median	median	NOUN
issue-2624	189	44	0.001317	0.001317	NUM
issue-2624	189	45	0.001649	0.001649	NUM
issue-2624	189	46	0.002237	0.002237	NUM
issue-2624	189	47	maximum	maximum	ADJ
issue-2624	189	48	0.142528	0.142528	NUM
issue-2624	189	49	0.119953	0.119953	NUM
issue-2624	189	50	0.081025	0.081025	NUM
issue-2624	189	51	minimum	minimum	ADJ
issue-2624	189	52	-0.065577	-0.065577	ADJ
issue-2624	189	53	-0.095528	-0.095528	NOUN
issue-2624	189	54	-0.106957	-0.106957	NOUN
issue-2624	190	1	standard	standard	ADJ
issue-2624	190	2	deviation	deviation	NOUN
issue-2624	190	3	0.019855	0.019855	NUM
issue-2624	190	4	0.019061	0.019061	NUM
issue-2624	191	1	0.017765	0.017765	NUM
issue-2624	191	2	source	source	NOUN
issue-2624	191	3	:	:	PUNCT
issue-2624	191	4	author	author	NOUN
issue-2624	191	5	's	's	PART
issue-2624	191	6	own	own	ADJ
issue-2624	191	7	calculations	calculation	NOUN
issue-2624	191	8	table	table	NOUN
issue-2624	191	9	5	5	NUM
issue-2624	191	10	cross	cross	ADJ
issue-2624	191	11	-	-	ADJ
issue-2624	191	12	correlations	correlations	ADJ
issue-2624	191	13	index	index	NOUN
issue-2624	191	14	values	value	NOUN
issue-2624	191	15	returns	return	NOUN
issue-2624	191	16	omxrgi	omxrgi	VERB
issue-2624	191	17	omxtgi	omxtgi	PROPN
issue-2624	191	18	omxvgi	omxvgi	PROPN
issue-2624	191	19	omxrgi	omxrgi	PROPN
issue-2624	191	20	omxtgi	omxtgi	PROPN
issue-2624	191	21	omxvgi	omxvgi	PROPN
issue-2624	191	22	omxrgi	omxrgi	PROPN
issue-2624	191	23	1.00000	1.00000	NUM
issue-2624	191	24	omxrgi	omxrgi	ADJ
issue-2624	191	25	1.00000	1.00000	NUM
issue-2624	191	26	omxtgi	omxtgi	NOUN
issue-2624	191	27	0.93737	0.93737	NUM
issue-2624	191	28	1.00000	1.00000	NUM
issue-2624	191	29	omxtgi	omxtgi	ADJ
issue-2624	191	30	0.55090	0.55090	NUM
issue-2624	191	31	1.00000	1.00000	NUM
issue-2624	191	32	omxvgi	omxvgi	NOUN
issue-2624	191	33	0.93199	0.93199	NUM
issue-2624	191	34	0.96558	0.96558	NUM
issue-2624	191	35	1.00000	1.00000	NUM
issue-2624	191	36	omxvgi	omxvgi	NOUN
issue-2624	191	37	0.56852	0.56852	NUM
issue-2624	191	38	0.71512	0.71512	NUM
issue-2624	191	39	1.00000	1.00000	NUM
issue-2624	191	40	source	source	NOUN
issue-2624	191	41	:	:	PUNCT
issue-2624	191	42	author	author	NOUN
issue-2624	191	43	's	's	PART
issue-2624	191	44	own	own	ADJ
issue-2624	191	45	calculations	calculation	NOUN
issue-2624	191	46	baltic	baltic	ADJ
issue-2624	191	47	journal	journal	NOUN
issue-2624	191	48	of	of	ADP
issue-2624	191	49	economic	economic	ADJ
issue-2624	191	50	studies	study	NOUN
issue-2624	191	51	27	27	NUM
issue-2624	191	52	vol	vol	NOUN
issue-2624	191	53	.	.	PUNCT
issue-2624	191	54	10	10	NUM
issue-2624	191	55	no	no	NOUN
issue-2624	191	56	.	.	NOUN
issue-2624	191	57	5	5	NUM
issue-2624	191	58	,	,	PUNCT
issue-2624	191	59	2024	2024	NUM
issue-2624	191	60	ireland	ireland	PROPN
issue-2624	191	61	,	,	PUNCT
issue-2624	191	62	israel	israel	PROPN
issue-2624	191	63	,	,	PUNCT
issue-2624	191	64	italy	italy	PROPN
issue-2624	191	65	,	,	PUNCT
issue-2624	191	66	japan	japan	PROPN
issue-2624	191	67	,	,	PUNCT
issue-2624	191	68	netherlands	netherlands	PROPN
issue-2624	191	69	,	,	PUNCT
issue-2624	191	70	new	new	PROPN
issue-2624	191	71	zealand	zealand	PROPN
issue-2624	191	72	,	,	PUNCT
issue-2624	191	73	norway	norway	PROPN
issue-2624	191	74	,	,	PUNCT
issue-2624	191	75	portugal	portugal	PROPN
issue-2624	191	76	,	,	PUNCT
issue-2624	191	77	singapore	singapore	PROPN
issue-2624	191	78	,	,	PUNCT
issue-2624	191	79	south	south	PROPN
issue-2624	191	80	korea	korea	PROPN
issue-2624	191	81	,	,	PUNCT
issue-2624	191	82	spain	spain	PROPN
issue-2624	191	83	,	,	PUNCT
issue-2624	191	84	switzerland	switzerland	PROPN
issue-2624	191	85	,	,	PUNCT
issue-2624	191	86	the	the	DET
issue-2624	191	87	uk	uk	PROPN
issue-2624	191	88	and	and	CCONJ
issue-2624	191	89	the	the	DET
issue-2624	191	90	us	us	PROPN
issue-2624	191	91	.	.	PUNCT
issue-2624	192	1	the	the	DET
issue-2624	192	2	emerging	emerge	VERB
issue-2624	192	3	markets	market	NOUN
issue-2624	192	4	group	group	NOUN
issue-2624	192	5	comprises	comprise	VERB
issue-2624	192	6	the	the	DET
issue-2624	192	7	following	follow	VERB
issue-2624	192	8	countries	country	NOUN
issue-2624	192	9	:	:	PUNCT
issue-2624	192	10	brazil	brazil	PROPN
issue-2624	192	11	,	,	PUNCT
issue-2624	192	12	chile	chile	PROPN
issue-2624	192	13	,	,	PUNCT
issue-2624	192	14	the	the	DET
issue-2624	192	15	czech	czech	PROPN
issue-2624	192	16	republic	republic	PROPN
issue-2624	192	17	,	,	PUNCT
issue-2624	192	18	egypt	egypt	PROPN
issue-2624	192	19	,	,	PUNCT
issue-2624	192	20	greece	greece	PROPN
issue-2624	192	21	,	,	PUNCT
issue-2624	192	22	india	india	PROPN
issue-2624	192	23	,	,	PUNCT
issue-2624	192	24	indonesia	indonesia	PROPN
issue-2624	192	25	,	,	PUNCT
issue-2624	192	26	malaysia	malaysia	PROPN
issue-2624	192	27	,	,	PUNCT
issue-2624	192	28	mexico	mexico	PROPN
issue-2624	192	29	,	,	PUNCT
issue-2624	192	30	pakistan	pakistan	PROPN
issue-2624	192	31	,	,	PUNCT
issue-2624	192	32	the	the	DET
issue-2624	192	33	philippines	philippine	NOUN
issue-2624	192	34	,	,	PUNCT
issue-2624	192	35	poland	poland	PROPN
issue-2624	192	36	,	,	PUNCT
issue-2624	192	37	qatar	qatar	PROPN
issue-2624	192	38	,	,	PUNCT
issue-2624	192	39	south	south	PROPN
issue-2624	192	40	africa	africa	PROPN
issue-2624	192	41	,	,	PUNCT
issue-2624	192	42	taiwan	taiwan	PROPN
issue-2624	192	43	,	,	PUNCT
issue-2624	192	44	thailand	thailand	PROPN
issue-2624	192	45	,	,	PUNCT
issue-2624	192	46	turkey	turkey	PROPN
issue-2624	192	47	and	and	CCONJ
issue-2624	192	48	the	the	DET
issue-2624	192	49	uae	uae	PROPN
issue-2624	192	50	.	.	PROPN
issue-2624	193	1	5	5	NUM
issue-2624	193	2	.	.	NOUN
issue-2624	193	3	results	result	NOUN
issue-2624	193	4	and	and	CCONJ
issue-2624	193	5	discussion	discussion	VERB
issue-2624	193	6	the	the	DET
issue-2624	193	7	factor	factor	NOUN
issue-2624	193	8	analysis	analysis	NOUN
issue-2624	193	9	commences	commence	VERB
issue-2624	193	10	with	with	ADP
issue-2624	193	11	the	the	DET
issue-2624	193	12	identification	identification	NOUN
issue-2624	193	13	of	of	ADP
issue-2624	193	14	the	the	DET
issue-2624	193	15	number	number	NOUN
issue-2624	193	16	of	of	ADP
issue-2624	193	17	latent	latent	NOUN
issue-2624	193	18	factors	factor	NOUN
issue-2624	193	19	present	present	ADJ
issue-2624	193	20	in	in	ADP
issue-2624	193	21	each	each	PRON
issue-2624	193	22	of	of	ADP
issue-2624	193	23	the	the	DET
issue-2624	193	24	two	two	NUM
issue-2624	193	25	subsamples	subsample	NOUN
issue-2624	193	26	.	.	PUNCT
issue-2624	194	1	the	the	DET
issue-2624	194	2	bai	bai	PROPN
issue-2624	194	3	and	and	CCONJ
issue-2624	194	4	ng	ng	PROPN
issue-2624	194	5	(	(	PUNCT
issue-2624	194	6	2002	2002	NUM
issue-2624	194	7	)	)	PUNCT
issue-2624	194	8	icp1	icp1	ADJ
issue-2624	194	9	criteria	criterion	NOUN
issue-2624	194	10	,	,	PUNCT
issue-2624	194	11	calculated	calculate	VERB
issue-2624	194	12	from	from	ADP
issue-2624	194	13	both	both	DET
issue-2624	194	14	samples	sample	NOUN
issue-2624	194	15	,	,	PUNCT
issue-2624	194	16	do	do	AUX
issue-2624	194	17	not	not	PART
issue-2624	194	18	provide	provide	VERB
issue-2624	194	19	a	a	DET
issue-2624	194	20	definitive	definitive	ADJ
issue-2624	194	21	indication	indication	NOUN
issue-2624	194	22	of	of	ADP
issue-2624	194	23	the	the	DET
issue-2624	194	24	number	number	NOUN
issue-2624	194	25	of	of	ADP
issue-2624	194	26	factors	factor	NOUN
issue-2624	194	27	present	present	ADJ
issue-2624	194	28	in	in	ADP
issue-2624	194	29	either	either	DET
issue-2624	194	30	sample	sample	NOUN
issue-2624	194	31	.	.	PUNCT
issue-2624	195	1	the	the	DET
issue-2624	195	2	eigenvalue	eigenvalue	PROPN
issue-2624	195	3	criteria	criterion	NOUN
issue-2624	195	4	indicate	indicate	VERB
issue-2624	195	5	that	that	SCONJ
issue-2624	195	6	two	two	NUM
issue-2624	195	7	common	common	ADJ
issue-2624	195	8	factors	factor	NOUN
issue-2624	195	9	are	be	AUX
issue-2624	195	10	sufficient	sufficient	ADJ
issue-2624	195	11	to	to	PART
issue-2624	195	12	explain	explain	VERB
issue-2624	195	13	the	the	DET
issue-2624	195	14	variation	variation	NOUN
issue-2624	195	15	observed	observe	VERB
issue-2624	195	16	in	in	ADP
issue-2624	195	17	the	the	DET
issue-2624	195	18	developed	develop	VERB
issue-2624	195	19	markets	market	NOUN
issue-2624	195	20	sample	sample	NOUN
issue-2624	195	21	.	.	PUNCT
issue-2624	196	1	the	the	DET
issue-2624	196	2	third	third	ADJ
issue-2624	196	3	potential	potential	ADJ
issue-2624	196	4	factor	factor	NOUN
issue-2624	196	5	has	have	VERB
issue-2624	196	6	an	an	DET
issue-2624	196	7	eigenvalue	eigenvalue	NOUN
issue-2624	196	8	below	below	ADP
issue-2624	196	9	5	5	NUM
issue-2624	196	10	%	%	NOUN
issue-2624	196	11	,	,	PUNCT
issue-2624	196	12	and	and	CCONJ
issue-2624	196	13	thus	thus	ADV
issue-2624	196	14	is	be	AUX
issue-2624	196	15	not	not	PART
issue-2624	196	16	considered	consider	VERB
issue-2624	196	17	further	far	ADV
issue-2624	196	18	.	.	PUNCT
issue-2624	197	1	the	the	DET
issue-2624	197	2	variation	variation	NOUN
issue-2624	197	3	in	in	ADP
issue-2624	197	4	the	the	DET
issue-2624	197	5	emerging	emerge	VERB
issue-2624	197	6	markets	market	NOUN
issue-2624	197	7	sample	sample	NOUN
issue-2624	197	8	is	be	AUX
issue-2624	197	9	more	more	ADV
issue-2624	197	10	diverse	diverse	ADJ
issue-2624	197	11	,	,	PUNCT
issue-2624	197	12	and	and	CCONJ
issue-2624	197	13	thus	thus	ADV
issue-2624	197	14	five	five	NUM
issue-2624	197	15	factors	factor	NOUN
issue-2624	197	16	are	be	AUX
issue-2624	197	17	proposed	propose	VERB
issue-2624	197	18	.	.	PUNCT
issue-2624	198	1	in	in	ADP
issue-2624	198	2	order	order	NOUN
issue-2624	198	3	to	to	PART
issue-2624	198	4	ensure	ensure	VERB
issue-2624	198	5	consistency	consistency	NOUN
issue-2624	198	6	and	and	CCONJ
issue-2624	198	7	facilitate	facilitate	VERB
issue-2624	198	8	comparison	comparison	NOUN
issue-2624	198	9	of	of	ADP
issue-2624	198	10	the	the	DET
issue-2624	198	11	results	result	NOUN
issue-2624	198	12	of	of	ADP
issue-2624	198	13	the	the	DET
issue-2624	198	14	two	two	NUM
issue-2624	198	15	samples	sample	NOUN
issue-2624	198	16	,	,	PUNCT
issue-2624	198	17	two	two	NUM
issue-2624	198	18	factors	factor	NOUN
issue-2624	198	19	are	be	AUX
issue-2624	198	20	extracted	extract	VERB
issue-2624	198	21	from	from	ADP
issue-2624	198	22	each	each	DET
issue-2624	198	23	sample	sample	NOUN
issue-2624	198	24	.	.	PUNCT
issue-2624	199	1	two	two	NUM
issue-2624	199	2	common	common	ADJ
issue-2624	199	3	factors	factor	NOUN
issue-2624	199	4	were	be	AUX
issue-2624	199	5	also	also	ADV
issue-2624	199	6	employed	employ	VERB
issue-2624	199	7	in	in	ADP
issue-2624	199	8	previous	previous	ADJ
issue-2624	199	9	studies	study	NOUN
issue-2624	199	10	,	,	PUNCT
issue-2624	199	11	as	as	SCONJ
issue-2624	199	12	evidenced	evidence	VERB
issue-2624	199	13	by	by	ADP
issue-2624	199	14	lin	lin	PROPN
issue-2624	199	15	(	(	PUNCT
issue-2624	199	16	2005	2005	NUM
issue-2624	199	17	)	)	PUNCT
issue-2624	199	18	,	,	PUNCT
issue-2624	199	19	who	who	PRON
issue-2624	199	20	analysed	analyse	VERB
issue-2624	199	21	a	a	DET
issue-2624	199	22	sample	sample	NOUN
issue-2624	199	23	period	period	NOUN
issue-2624	199	24	of	of	ADP
issue-2624	199	25	1985	1985	NUM
issue-2624	199	26	to	to	ADP
issue-2624	199	27	1999	1999	NUM
issue-2624	199	28	.	.	PUNCT
issue-2624	200	1	conversely	conversely	ADV
issue-2624	200	2	,	,	PUNCT
issue-2624	200	3	morana	morana	ADJ
issue-2624	200	4	and	and	CCONJ
issue-2624	200	5	beltratti	beltratti	PROPN
issue-2624	200	6	(	(	PUNCT
issue-2624	200	7	2008	2008	NUM
issue-2624	200	8	)	)	PUNCT
issue-2624	200	9	used	use	VERB
issue-2624	200	10	only	only	ADV
issue-2624	200	11	one	one	NUM
issue-2624	200	12	factor	factor	NOUN
issue-2624	200	13	to	to	PART
issue-2624	200	14	explain	explain	VERB
issue-2624	200	15	stock	stock	NOUN
issue-2624	200	16	market	market	NOUN
issue-2624	200	17	returns	return	NOUN
issue-2624	200	18	in	in	ADP
issue-2624	200	19	their	their	PRON
issue-2624	200	20	study	study	NOUN
issue-2624	200	21	.	.	PUNCT
issue-2624	201	1	the	the	DET
issue-2624	201	2	initial	initial	ADJ
issue-2624	201	3	factor	factor	NOUN
issue-2624	201	4	derived	derive	VERB
issue-2624	201	5	from	from	ADP
issue-2624	201	6	the	the	DET
issue-2624	201	7	developed	develop	VERB
issue-2624	201	8	markets	market	NOUN
issue-2624	201	9	sample	sample	NOUN
issue-2624	201	10	accounts	account	NOUN
issue-2624	201	11	for	for	ADP
issue-2624	201	12	70.26	70.26	NUM
issue-2624	201	13	%	%	NOUN
issue-2624	201	14	of	of	ADP
issue-2624	201	15	the	the	DET
issue-2624	201	16	observed	observe	VERB
issue-2624	201	17	variation	variation	NOUN
issue-2624	201	18	in	in	ADP
issue-2624	201	19	the	the	DET
issue-2624	201	20	panel	panel	NOUN
issue-2624	201	21	.	.	PUNCT
issue-2624	202	1	the	the	DET
issue-2624	202	2	initial	initial	ADJ
issue-2624	202	3	factor	factor	NOUN
issue-2624	202	4	derived	derive	VERB
issue-2624	202	5	from	from	ADP
issue-2624	202	6	the	the	DET
issue-2624	202	7	panel	panel	NOUN
issue-2624	202	8	of	of	ADP
issue-2624	202	9	emerging	emerge	VERB
issue-2624	202	10	markets	market	NOUN
issue-2624	202	11	only	only	ADV
issue-2624	202	12	accounts	account	VERB
issue-2624	202	13	for	for	ADP
issue-2624	202	14	45.27	45.27	NUM
issue-2624	202	15	%	%	NOUN
issue-2624	202	16	of	of	ADP
issue-2624	202	17	the	the	DET
issue-2624	202	18	observed	observe	VERB
issue-2624	202	19	variation	variation	NOUN
issue-2624	202	20	within	within	ADP
issue-2624	202	21	that	that	DET
issue-2624	202	22	group	group	NOUN
issue-2624	202	23	.	.	PUNCT
issue-2624	203	1	this	this	PRON
issue-2624	203	2	may	may	AUX
issue-2624	203	3	be	be	AUX
issue-2624	203	4	indicative	indicative	ADJ
issue-2624	203	5	of	of	ADP
issue-2624	203	6	a	a	DET
issue-2624	203	7	greater	great	ADJ
issue-2624	203	8	degree	degree	NOUN
issue-2624	203	9	of	of	ADP
issue-2624	203	10	alignment	alignment	NOUN
issue-2624	203	11	and	and	CCONJ
issue-2624	203	12	uniformity	uniformity	NOUN
issue-2624	203	13	in	in	ADP
issue-2624	203	14	the	the	DET
issue-2624	203	15	response	response	NOUN
issue-2624	203	16	of	of	ADP
issue-2624	203	17	developed	develop	VERB
issue-2624	203	18	markets	market	NOUN
issue-2624	203	19	to	to	ADP
issue-2624	203	20	similar	similar	ADJ
issue-2624	203	21	shocks	shock	NOUN
issue-2624	203	22	or	or	CCONJ
issue-2624	203	23	developments	development	NOUN
issue-2624	203	24	.	.	PUNCT
issue-2624	204	1	the	the	DET
issue-2624	204	2	emerging	emerge	VERB
issue-2624	204	3	stock	stock	NOUN
issue-2624	204	4	markets	market	NOUN
issue-2624	204	5	appear	appear	VERB
issue-2624	204	6	to	to	PART
issue-2624	204	7	exhibit	exhibit	VERB
issue-2624	204	8	greater	great	ADJ
issue-2624	204	9	diversity	diversity	NOUN
issue-2624	204	10	and	and	CCONJ
issue-2624	204	11	less	less	ADJ
issue-2624	204	12	alignment	alignment	NOUN
issue-2624	204	13	.	.	PUNCT
issue-2624	205	1	the	the	DET
issue-2624	205	2	variance	variance	NOUN
issue-2624	205	3	share	share	NOUN
issue-2624	205	4	of	of	ADP
issue-2624	205	5	the	the	DET
issue-2624	205	6	second	second	ADJ
issue-2624	205	7	factor	factor	NOUN
issue-2624	205	8	for	for	ADP
issue-2624	205	9	the	the	DET
issue-2624	205	10	sample	sample	NOUN
issue-2624	205	11	of	of	ADP
issue-2624	205	12	developed	develop	VERB
issue-2624	205	13	markets	market	NOUN
issue-2624	205	14	is	be	AUX
issue-2624	205	15	6.08	6.08	NUM
issue-2624	205	16	%	%	NOUN
issue-2624	205	17	,	,	PUNCT
issue-2624	205	18	which	which	PRON
issue-2624	205	19	indicates	indicate	VERB
issue-2624	205	20	that	that	SCONJ
issue-2624	205	21	it	it	PRON
issue-2624	205	22	is	be	AUX
issue-2624	205	23	responsible	responsible	ADJ
issue-2624	205	24	for	for	ADP
issue-2624	205	25	explaining	explain	VERB
issue-2624	205	26	a	a	DET
issue-2624	205	27	smaller	small	ADJ
issue-2624	205	28	proportion	proportion	NOUN
issue-2624	205	29	of	of	ADP
issue-2624	205	30	the	the	DET
issue-2624	205	31	variation	variation	NOUN
issue-2624	205	32	observed	observe	VERB
issue-2624	205	33	within	within	ADP
issue-2624	205	34	the	the	DET
issue-2624	205	35	group	group	NOUN
issue-2624	205	36	in	in	ADP
issue-2624	205	37	comparison	comparison	NOUN
issue-2624	205	38	to	to	ADP
issue-2624	205	39	the	the	DET
issue-2624	205	40	first	first	ADJ
issue-2624	205	41	factor	factor	NOUN
issue-2624	205	42	.	.	PUNCT
issue-2624	206	1	the	the	DET
issue-2624	206	2	second	second	ADJ
issue-2624	206	3	common	common	ADJ
issue-2624	206	4	factor	factor	NOUN
issue-2624	206	5	for	for	ADP
issue-2624	206	6	the	the	DET
issue-2624	206	7	emerging	emerge	VERB
issue-2624	206	8	markets	market	NOUN
issue-2624	206	9	group	group	NOUN
issue-2624	206	10	accounts	account	VERB
issue-2624	206	11	for	for	ADP
issue-2624	206	12	7.07	7.07	NUM
issue-2624	206	13	%	%	NOUN
issue-2624	206	14	of	of	ADP
issue-2624	206	15	the	the	DET
issue-2624	206	16	observed	observe	VERB
issue-2624	206	17	variation	variation	NOUN
issue-2624	206	18	within	within	ADP
issue-2624	206	19	that	that	DET
issue-2624	206	20	group	group	NOUN
issue-2624	206	21	.	.	PUNCT
issue-2624	207	1	the	the	DET
issue-2624	207	2	combined	combine	VERB
issue-2624	207	3	variance	variance	NOUN
issue-2624	207	4	share	share	NOUN
issue-2624	207	5	of	of	ADP
issue-2624	207	6	the	the	DET
issue-2624	207	7	two	two	NUM
issue-2624	207	8	developed	develop	VERB
issue-2624	207	9	factors	factor	NOUN
issue-2624	207	10	is	be	AUX
issue-2624	207	11	76.34	76.34	NUM
issue-2624	207	12	%	%	NOUN
issue-2624	207	13	,	,	PUNCT
issue-2624	207	14	in	in	ADP
issue-2624	207	15	comparison	comparison	NOUN
issue-2624	207	16	to	to	ADP
issue-2624	207	17	the	the	DET
issue-2624	207	18	considerably	considerably	ADV
issue-2624	207	19	lower	low	ADJ
issue-2624	207	20	52.34	52.34	NUM
issue-2624	207	21	%	%	NOUN
issue-2624	207	22	observed	observe	VERB
issue-2624	207	23	in	in	ADP
issue-2624	207	24	the	the	DET
issue-2624	207	25	emerging	emerge	VERB
issue-2624	207	26	markets	market	NOUN
issue-2624	207	27	.	.	PUNCT
issue-2624	208	1	this	this	PRON
issue-2624	208	2	may	may	AUX
issue-2624	208	3	be	be	AUX
issue-2624	208	4	the	the	DET
issue-2624	208	5	reason	reason	NOUN
issue-2624	208	6	why	why	SCONJ
issue-2624	208	7	the	the	DET
issue-2624	208	8	test	test	NOUN
issue-2624	208	9	statistic	statistic	NOUN
issue-2624	208	10	indicated	indicate	VERB
issue-2624	208	11	that	that	SCONJ
issue-2624	208	12	a	a	DET
issue-2624	208	13	greater	great	ADJ
issue-2624	208	14	number	number	NOUN
issue-2624	208	15	of	of	ADP
issue-2624	208	16	common	common	ADJ
issue-2624	208	17	factors	factor	NOUN
issue-2624	208	18	should	should	AUX
issue-2624	208	19	be	be	AUX
issue-2624	208	20	extracted	extract	VERB
issue-2624	208	21	from	from	ADP
issue-2624	208	22	the	the	DET
issue-2624	208	23	emerging	emerge	VERB
issue-2624	208	24	markets	market	NOUN
issue-2624	208	25	sample	sample	NOUN
issue-2624	208	26	.	.	PUNCT
issue-2624	209	1	the	the	DET
issue-2624	209	2	correlations	correlation	NOUN
issue-2624	209	3	between	between	ADP
issue-2624	209	4	the	the	DET
issue-2624	209	5	extracted	extract	VERB
issue-2624	209	6	common	common	ADJ
issue-2624	209	7	factors	factor	NOUN
issue-2624	209	8	yield	yield	VERB
issue-2624	209	9	intriguing	intriguing	ADJ
issue-2624	209	10	observations	observation	NOUN
issue-2624	209	11	,	,	PUNCT
issue-2624	209	12	as	as	SCONJ
issue-2624	209	13	illustrated	illustrate	VERB
issue-2624	209	14	in	in	ADP
issue-2624	209	15	table	table	NOUN
issue-2624	209	16	6	6	NUM
issue-2624	209	17	.	.	PUNCT
issue-2624	210	1	the	the	DET
issue-2624	210	2	first	first	ADJ
issue-2624	210	3	two	two	NUM
issue-2624	210	4	factors	factor	NOUN
issue-2624	210	5	demonstrate	demonstrate	VERB
issue-2624	210	6	a	a	DET
issue-2624	210	7	high	high	ADJ
issue-2624	210	8	degree	degree	NOUN
issue-2624	210	9	of	of	ADP
issue-2624	210	10	correlation	correlation	NOUN
issue-2624	210	11	.	.	PUNCT
issue-2624	211	1	this	this	PRON
issue-2624	211	2	may	may	AUX
issue-2624	211	3	be	be	AUX
issue-2624	211	4	indicative	indicative	ADJ
issue-2624	211	5	of	of	ADP
issue-2624	211	6	the	the	DET
issue-2624	211	7	proposition	proposition	NOUN
issue-2624	211	8	that	that	SCONJ
issue-2624	211	9	the	the	DET
issue-2624	211	10	same	same	ADJ
issue-2624	211	11	events	event	NOUN
issue-2624	211	12	and/or	and/or	CCONJ
issue-2624	211	13	shocks	shock	NOUN
issue-2624	211	14	exert	exert	VERB
issue-2624	211	15	an	an	DET
issue-2624	211	16	influence	influence	NOUN
issue-2624	211	17	on	on	ADP
issue-2624	211	18	global	global	ADJ
issue-2624	211	19	stock	stock	NOUN
issue-2624	211	20	markets	market	NOUN
issue-2624	211	21	irrespective	irrespective	ADV
issue-2624	211	22	of	of	ADP
issue-2624	211	23	whether	whether	SCONJ
issue-2624	211	24	they	they	PRON
issue-2624	211	25	are	be	AUX
issue-2624	211	26	classified	classify	VERB
issue-2624	211	27	as	as	ADP
issue-2624	211	28	developed	develop	VERB
issue-2624	211	29	or	or	CCONJ
issue-2624	211	30	emerging	emerge	VERB
issue-2624	211	31	.	.	PUNCT
issue-2624	212	1	the	the	DET
issue-2624	212	2	second	second	ADJ
issue-2624	212	3	developed	develop	VERB
issue-2624	212	4	factor	factor	NOUN
issue-2624	212	5	is	be	AUX
issue-2624	212	6	entirely	entirely	ADV
issue-2624	212	7	distinct	distinct	ADJ
issue-2624	212	8	from	from	ADP
issue-2624	212	9	the	the	DET
issue-2624	212	10	first	first	ADJ
issue-2624	212	11	.	.	PUNCT
issue-2624	213	1	the	the	DET
issue-2624	213	2	correlation	correlation	NOUN
issue-2624	213	3	is	be	AUX
issue-2624	213	4	negative	negative	ADJ
issue-2624	213	5	and	and	CCONJ
issue-2624	213	6	very	very	ADV
issue-2624	213	7	small	small	ADJ
issue-2624	213	8	in	in	ADP
issue-2624	213	9	absolute	absolute	ADJ
issue-2624	213	10	terms	term	NOUN
issue-2624	213	11	.	.	PUNCT
issue-2624	214	1	a	a	DET
issue-2624	214	2	similar	similar	ADJ
issue-2624	214	3	conclusion	conclusion	NOUN
issue-2624	214	4	can	can	AUX
issue-2624	214	5	be	be	AUX
issue-2624	214	6	drawn	draw	VERB
issue-2624	214	7	with	with	ADP
issue-2624	214	8	regard	regard	NOUN
issue-2624	214	9	to	to	ADP
issue-2624	214	10	the	the	DET
issue-2624	214	11	correlation	correlation	NOUN
issue-2624	214	12	between	between	ADP
issue-2624	214	13	the	the	DET
issue-2624	214	14	two	two	NUM
issue-2624	214	15	emerging	emerge	VERB
issue-2624	214	16	factors	factor	NOUN
issue-2624	214	17	.	.	PUNCT
issue-2624	215	1	the	the	DET
issue-2624	215	2	two	two	NUM
issue-2624	215	3	secondary	secondary	ADJ
issue-2624	215	4	factors	factor	NOUN
issue-2624	215	5	also	also	ADV
issue-2624	215	6	demonstrate	demonstrate	VERB
issue-2624	215	7	a	a	DET
issue-2624	215	8	negative	negative	ADJ
issue-2624	215	9	and	and	CCONJ
issue-2624	215	10	very	very	ADV
issue-2624	215	11	small	small	ADJ
issue-2624	215	12	correlation	correlation	NOUN
issue-2624	215	13	in	in	ADP
issue-2624	215	14	absolute	absolute	ADJ
issue-2624	215	15	terms	term	NOUN
issue-2624	215	16	.	.	PUNCT
issue-2624	216	1	it	it	PRON
issue-2624	216	2	is	be	AUX
issue-2624	216	3	recommended	recommend	VERB
issue-2624	216	4	that	that	SCONJ
issue-2624	216	5	future	future	ADJ
issue-2624	216	6	studies	study	NOUN
issue-2624	216	7	consider	consider	VERB
issue-2624	216	8	the	the	DET
issue-2624	216	9	potential	potential	NOUN
issue-2624	216	10	for	for	ADP
issue-2624	216	11	linking	link	VERB
issue-2624	216	12	these	these	DET
issue-2624	216	13	latent	latent	ADJ
issue-2624	216	14	common	common	ADJ
issue-2624	216	15	factors	factor	NOUN
issue-2624	216	16	to	to	ADP
issue-2624	216	17	specific	specific	ADJ
issue-2624	216	18	macroeconomic	macroeconomic	ADJ
issue-2624	216	19	variables	variable	NOUN
issue-2624	216	20	.	.	PUNCT
issue-2624	217	1	this	this	PRON
issue-2624	217	2	may	may	AUX
issue-2624	217	3	be	be	AUX
issue-2624	217	4	associated	associate	VERB
issue-2624	217	5	with	with	ADP
issue-2624	217	6	interest	interest	NOUN
issue-2624	217	7	rates	rate	NOUN
issue-2624	217	8	or	or	CCONJ
issue-2624	217	9	economic	economic	ADJ
issue-2624	217	10	growth	growth	NOUN
issue-2624	217	11	in	in	ADP
issue-2624	217	12	dominant	dominant	ADJ
issue-2624	217	13	economies	economy	NOUN
issue-2624	217	14	.	.	PUNCT
issue-2624	218	1	the	the	DET
issue-2624	218	2	objective	objective	NOUN
issue-2624	218	3	of	of	ADP
issue-2624	218	4	this	this	DET
issue-2624	218	5	study	study	NOUN
issue-2624	218	6	is	be	AUX
issue-2624	218	7	to	to	PART
issue-2624	218	8	ascertain	ascertain	VERB
issue-2624	218	9	the	the	DET
issue-2624	218	10	extent	extent	NOUN
issue-2624	218	11	of	of	ADP
issue-2624	218	12	stock	stock	NOUN
issue-2624	218	13	market	market	NOUN
issue-2624	218	14	integration	integration	NOUN
issue-2624	218	15	of	of	ADP
issue-2624	218	16	the	the	DET
issue-2624	218	17	three	three	NUM
issue-2624	218	18	baltic	baltic	ADJ
issue-2624	218	19	countries	country	NOUN
issue-2624	218	20	.	.	PUNCT
issue-2624	219	1	as	as	SCONJ
issue-2624	219	2	previously	previously	ADV
issue-2624	219	3	stated	state	VERB
issue-2624	219	4	,	,	PUNCT
issue-2624	219	5	the	the	DET
issue-2624	219	6	degree	degree	NOUN
issue-2624	219	7	of	of	ADP
issue-2624	219	8	integration	integration	NOUN
issue-2624	219	9	is	be	AUX
issue-2624	219	10	determined	determine	VERB
issue-2624	219	11	by	by	ADP
issue-2624	219	12	the	the	DET
issue-2624	219	13	explanatory	explanatory	ADJ
issue-2624	219	14	power	power	NOUN
issue-2624	219	15	of	of	ADP
issue-2624	219	16	a	a	DET
issue-2624	219	17	multi	multi	ADJ
issue-2624	219	18	-	-	ADJ
issue-2624	219	19	factor	factor	NOUN
issue-2624	219	20	model	model	NOUN
issue-2624	219	21	.	.	PUNCT
issue-2624	220	1	consequently	consequently	ADV
issue-2624	220	2	,	,	PUNCT
issue-2624	220	3	the	the	DET
issue-2624	220	4	standardised	standardised	ADJ
issue-2624	220	5	returns	return	NOUN
issue-2624	220	6	of	of	ADP
issue-2624	220	7	the	the	DET
issue-2624	220	8	three	three	NUM
issue-2624	220	9	stock	stock	NOUN
issue-2624	220	10	exchanges	exchange	NOUN
issue-2624	220	11	are	be	AUX
issue-2624	220	12	regressed	regress	VERB
issue-2624	220	13	on	on	ADP
issue-2624	220	14	the	the	DET
issue-2624	220	15	two	two	NUM
issue-2624	220	16	factors	factor	NOUN
issue-2624	220	17	from	from	ADP
issue-2624	220	18	each	each	DET
issue-2624	220	19	group	group	NOUN
issue-2624	220	20	.	.	PUNCT
issue-2624	221	1	the	the	DET
issue-2624	221	2	results	result	NOUN
issue-2624	221	3	are	be	AUX
issue-2624	221	4	presented	present	VERB
issue-2624	221	5	in	in	ADP
issue-2624	221	6	table	table	NOUN
issue-2624	221	7	7	7	NUM
issue-2624	221	8	.	.	PUNCT
issue-2624	221	9	table	table	NOUN
issue-2624	221	10	6	6	NUM
issue-2624	221	11	cross	cross	NOUN
issue-2624	221	12	-	-	NOUN
issue-2624	221	13	correlations	correlation	NOUN
issue-2624	221	14	between	between	ADP
issue-2624	221	15	common	common	ADJ
issue-2624	221	16	factors	factor	NOUN
issue-2624	221	17	developed	develop	VERB
issue-2624	221	18	1	1	NUM
issue-2624	221	19	developed	develop	VERB
issue-2624	221	20	2	2	NUM
issue-2624	221	21	emerging	emerge	VERB
issue-2624	221	22	1	1	NUM
issue-2624	221	23	emerging	emerge	VERB
issue-2624	221	24	2	2	NUM
issue-2624	221	25	developed	develop	VERB
issue-2624	221	26	1	1	NUM
issue-2624	221	27	1.000000	1.000000	NUM
issue-2624	221	28	developed	develop	VERB
issue-2624	221	29	2	2	NUM
issue-2624	221	30	-5.87e-12	-5.87e-12	NOUN
issue-2624	221	31	1.000000	1.000000	NUM
issue-2624	221	32	emerging	emerge	VERB
issue-2624	221	33	1	1	NUM
issue-2624	221	34	0.860271	0.860271	NUM
issue-2624	221	35	0.273923	0.273923	NUM
issue-2624	221	36	1.000000	1.000000	NUM
issue-2624	221	37	emerging	emerge	VERB
issue-2624	221	38	2	2	NUM
issue-2624	221	39	0.119746	0.119746	NUM
issue-2624	221	40	-0.104528	-0.104528	NOUN
issue-2624	221	41	-3.57e-11	-3.57e-11	PROPN
issue-2624	221	42	1.000000	1.000000	NUM
issue-2624	221	43	source	source	NOUN
issue-2624	221	44	:	:	PUNCT
issue-2624	221	45	author	author	NOUN
issue-2624	221	46	's	's	PART
issue-2624	221	47	own	own	ADJ
issue-2624	221	48	calculations	calculation	NOUN
issue-2624	221	49	table	table	NOUN
issue-2624	221	50	7	7	NUM
issue-2624	221	51	estimated	estimate	VERB
issue-2624	221	52	stock	stock	NOUN
issue-2624	221	53	market	market	NOUN
issue-2624	221	54	integration	integration	NOUN
issue-2624	221	55	omxtgi	omxtgi	ADJ
issue-2624	221	56	omxrgi	omxrgi	PROPN
issue-2624	221	57	omxvgi	omxvgi	PROPN
issue-2624	221	58	developed	develop	VERB
issue-2624	221	59	markets	market	NOUN
issue-2624	221	60	0.286	0.286	NUM
issue-2624	221	61	0.183	0.183	NUM
issue-2624	221	62	0.330	0.330	NUM
issue-2624	221	63	emerging	emerge	VERB
issue-2624	221	64	markets	market	NOUN
issue-2624	221	65	0.238	0.238	NUM
issue-2624	221	66	0.141	0.141	NUM
issue-2624	221	67	0.277	0.277	NUM
issue-2624	221	68	source	source	NOUN
issue-2624	221	69	:	:	PUNCT
issue-2624	221	70	author	author	NOUN
issue-2624	221	71	's	's	PART
issue-2624	221	72	own	own	ADJ
issue-2624	221	73	calculations	calculation	NOUN
issue-2624	221	74	baltic	baltic	ADJ
issue-2624	221	75	journal	journal	NOUN
issue-2624	221	76	of	of	ADP
issue-2624	221	77	economic	economic	ADJ
issue-2624	221	78	studies	study	NOUN
issue-2624	221	79	28	28	NUM
issue-2624	221	80	vol	vol	NOUN
issue-2624	221	81	.	.	PUNCT
issue-2624	222	1	10	10	NUM
issue-2624	222	2	no	no	NOUN
issue-2624	222	3	.	.	NOUN
issue-2624	222	4	5	5	NUM
issue-2624	222	5	,	,	PUNCT
issue-2624	222	6	2024	2024	NUM
issue-2624	222	7	the	the	DET
issue-2624	222	8	results	result	NOUN
issue-2624	222	9	of	of	ADP
issue-2624	222	10	the	the	DET
issue-2624	222	11	regression	regression	NOUN
issue-2624	222	12	analysis	analysis	NOUN
issue-2624	222	13	indicate	indicate	VERB
issue-2624	222	14	that	that	SCONJ
issue-2624	222	15	the	the	DET
issue-2624	222	16	tallinn	tallinn	PROPN
issue-2624	222	17	stock	stock	PROPN
issue-2624	222	18	exchange	exchange	PROPN
issue-2624	222	19	was	be	AUX
issue-2624	222	20	28.6	28.6	NUM
issue-2624	222	21	%	%	NOUN
issue-2624	222	22	integrated	integrate	VERB
issue-2624	222	23	with	with	ADP
issue-2624	222	24	developed	develop	VERB
issue-2624	222	25	stock	stock	NOUN
issue-2624	222	26	markets	market	NOUN
issue-2624	222	27	over	over	ADP
issue-2624	222	28	the	the	DET
issue-2624	222	29	period	period	NOUN
issue-2624	222	30	2010	2010	NUM
issue-2624	222	31	to	to	ADP
issue-2624	222	32	2019	2019	NUM
issue-2624	222	33	and	and	CCONJ
issue-2624	222	34	at	at	ADP
issue-2624	222	35	23.8	23.8	NUM
issue-2624	222	36	%	%	NOUN
issue-2624	222	37	slightly	slightly	ADV
issue-2624	222	38	less	less	ADV
issue-2624	222	39	integrated	integrate	VERB
issue-2624	222	40	with	with	ADP
issue-2624	222	41	emerging	emerge	VERB
issue-2624	222	42	stock	stock	NOUN
issue-2624	222	43	markets	market	NOUN
issue-2624	222	44	.	.	PUNCT
issue-2624	223	1	the	the	DET
issue-2624	223	2	latvian	latvian	ADJ
issue-2624	223	3	riga	riga	PROPN
issue-2624	223	4	exchange	exchange	NOUN
issue-2624	223	5	exhibited	exhibit	VERB
issue-2624	223	6	the	the	DET
issue-2624	223	7	lowest	low	ADJ
issue-2624	223	8	levels	level	NOUN
issue-2624	223	9	of	of	ADP
issue-2624	223	10	integration	integration	NOUN
issue-2624	223	11	,	,	PUNCT
issue-2624	223	12	while	while	SCONJ
issue-2624	223	13	the	the	DET
issue-2624	223	14	lithuanian	lithuanian	PROPN
issue-2624	223	15	vilnius	vilnius	PROPN
issue-2624	223	16	exchange	exchange	PROPN
issue-2624	223	17	demonstrated	demonstrate	VERB
issue-2624	223	18	the	the	DET
issue-2624	223	19	highest	high	ADJ
issue-2624	223	20	levels	level	NOUN
issue-2624	223	21	of	of	ADP
issue-2624	223	22	integration	integration	NOUN
issue-2624	223	23	.	.	PUNCT
issue-2624	224	1	the	the	DET
issue-2624	224	2	reported	report	VERB
issue-2624	224	3	variance	variance	NOUN
issue-2624	224	4	shares	share	NOUN
issue-2624	224	5	in	in	ADP
issue-2624	224	6	table	table	NOUN
issue-2624	224	7	7	7	NUM
issue-2624	224	8	corroborate	corroborate	VERB
issue-2624	224	9	the	the	DET
issue-2624	224	10	low	low	ADJ
issue-2624	224	11	levels	level	NOUN
issue-2624	224	12	of	of	ADP
issue-2624	224	13	integration	integration	NOUN
issue-2624	224	14	that	that	PRON
issue-2624	224	15	have	have	AUX
issue-2624	224	16	been	be	AUX
issue-2624	224	17	documented	document	VERB
issue-2624	224	18	in	in	ADP
issue-2624	224	19	previous	previous	ADJ
issue-2624	224	20	studies	study	NOUN
issue-2624	224	21	focusing	focus	VERB
issue-2624	224	22	on	on	ADP
issue-2624	224	23	the	the	DET
issue-2624	224	24	baltic	baltic	ADJ
issue-2624	224	25	markets	market	NOUN
issue-2624	224	26	.	.	PUNCT
issue-2624	225	1	for	for	ADP
issue-2624	225	2	example	example	NOUN
issue-2624	225	3	,	,	PUNCT
issue-2624	225	4	see	see	VERB
issue-2624	225	5	stulga	stulga	NOUN
issue-2624	225	6	(	(	PUNCT
issue-2624	225	7	2019	2019	NUM
issue-2624	225	8	)	)	PUNCT
issue-2624	225	9	.	.	PUNCT
issue-2624	226	1	furthermore	furthermore	ADV
issue-2624	226	2	,	,	PUNCT
issue-2624	226	3	the	the	DET
issue-2624	226	4	findings	finding	NOUN
issue-2624	226	5	corroborate	corroborate	VERB
issue-2624	226	6	previous	previous	ADJ
issue-2624	226	7	reports	report	NOUN
issue-2624	226	8	indicating	indicate	VERB
issue-2624	226	9	that	that	SCONJ
issue-2624	226	10	the	the	DET
issue-2624	226	11	stock	stock	NOUN
issue-2624	226	12	exchange	exchange	PROPN
issue-2624	226	13	of	of	ADP
issue-2624	226	14	latvia	latvia	PROPN
issue-2624	226	15	exhibits	exhibit	VERB
issue-2624	226	16	the	the	DET
issue-2624	226	17	lowest	low	ADJ
issue-2624	226	18	degree	degree	NOUN
issue-2624	226	19	of	of	ADP
issue-2624	226	20	integration	integration	NOUN
issue-2624	226	21	among	among	ADP
issue-2624	226	22	the	the	DET
issue-2624	226	23	three	three	NUM
issue-2624	226	24	baltic	baltic	ADJ
issue-2624	226	25	countries	country	NOUN
issue-2624	226	26	.	.	PUNCT
issue-2624	227	1	consequently	consequently	ADV
issue-2624	227	2	,	,	PUNCT
issue-2624	227	3	it	it	PRON
issue-2624	227	4	is	be	AUX
issue-2624	227	5	more	more	ADV
issue-2624	227	6	susceptible	susceptible	ADJ
issue-2624	227	7	to	to	ADP
issue-2624	227	8	the	the	DET
issue-2624	227	9	influence	influence	NOUN
issue-2624	227	10	of	of	ADP
issue-2624	227	11	domestic	domestic	ADJ
issue-2624	227	12	or	or	CCONJ
issue-2624	227	13	idiosyncratic	idiosyncratic	ADJ
issue-2624	227	14	factors	factor	NOUN
issue-2624	227	15	.	.	PUNCT
issue-2624	228	1	the	the	DET
issue-2624	228	2	analysis	analysis	NOUN
issue-2624	228	3	presented	present	VERB
issue-2624	228	4	herein	herein	NOUN
issue-2624	228	5	offers	offer	VERB
issue-2624	228	6	two	two	NUM
issue-2624	228	7	novel	novel	ADJ
issue-2624	228	8	insights	insight	NOUN
issue-2624	228	9	.	.	PUNCT
issue-2624	229	1	all	all	DET
issue-2624	229	2	three	three	NUM
issue-2624	229	3	baltic	baltic	ADJ
issue-2624	229	4	exchanges	exchange	NOUN
issue-2624	229	5	are	be	AUX
issue-2624	229	6	more	more	ADV
issue-2624	229	7	integrated	integrated	ADJ
issue-2624	229	8	with	with	ADP
issue-2624	229	9	developed	develop	VERB
issue-2624	229	10	stock	stock	NOUN
issue-2624	229	11	markets	market	NOUN
issue-2624	229	12	than	than	ADP
issue-2624	229	13	with	with	ADP
issue-2624	229	14	their	their	PRON
issue-2624	229	15	emerging	emerge	VERB
issue-2624	229	16	counterparts	counterpart	NOUN
issue-2624	229	17	,	,	PUNCT
issue-2624	229	18	which	which	PRON
issue-2624	229	19	may	may	AUX
issue-2624	229	20	be	be	AUX
issue-2624	229	21	attributed	attribute	VERB
issue-2624	229	22	to	to	ADP
issue-2624	229	23	their	their	PRON
issue-2624	229	24	membership	membership	NOUN
issue-2624	229	25	of	of	ADP
issue-2624	229	26	the	the	DET
issue-2624	229	27	eu	eu	PROPN
issue-2624	229	28	and	and	CCONJ
issue-2624	229	29	the	the	DET
issue-2624	229	30	eurozone	eurozone	NOUN
issue-2624	229	31	.	.	PUNCT
issue-2624	230	1	however	however	ADV
issue-2624	230	2	,	,	PUNCT
issue-2624	230	3	any	any	DET
issue-2624	230	4	future	future	ADJ
issue-2624	230	5	change	change	NOUN
issue-2624	230	6	in	in	ADP
issue-2624	230	7	their	their	PRON
issue-2624	230	8	classification	classification	NOUN
issue-2624	230	9	would	would	AUX
issue-2624	230	10	result	result	VERB
issue-2624	230	11	in	in	ADP
issue-2624	230	12	them	they	PRON
issue-2624	230	13	being	be	AUX
issue-2624	230	14	placed	place	VERB
issue-2624	230	15	in	in	ADP
issue-2624	230	16	the	the	DET
issue-2624	230	17	emerging	emerge	VERB
issue-2624	230	18	group	group	NOUN
issue-2624	230	19	,	,	PUNCT
issue-2624	230	20	rather	rather	ADV
issue-2624	230	21	than	than	ADP
issue-2624	230	22	in	in	ADP
issue-2624	230	23	the	the	DET
issue-2624	230	24	category	category	NOUN
issue-2624	230	25	of	of	ADP
issue-2624	230	26	developed	develop	VERB
issue-2624	230	27	markets	market	NOUN
issue-2624	230	28	.	.	PUNCT
issue-2624	231	1	the	the	DET
issue-2624	231	2	concluding	concluding	NOUN
issue-2624	231	3	section	section	NOUN
issue-2624	231	4	of	of	ADP
issue-2624	231	5	the	the	DET
issue-2624	231	6	analysis	analysis	NOUN
issue-2624	231	7	addresses	address	VERB
issue-2624	231	8	the	the	DET
issue-2624	231	9	potential	potential	NOUN
issue-2624	231	10	for	for	ADP
issue-2624	231	11	stock	stock	NOUN
issue-2624	231	12	market	market	NOUN
issue-2624	231	13	integration	integration	NOUN
issue-2624	231	14	to	to	PART
issue-2624	231	15	exhibit	exhibit	VERB
issue-2624	231	16	dynamic	dynamic	ADJ
issue-2624	231	17	characteristics	characteristic	NOUN
issue-2624	231	18	.	.	PUNCT
issue-2624	232	1	in	in	ADP
issue-2624	232	2	lieu	lieu	NOUN
issue-2624	232	3	of	of	ADP
issue-2624	232	4	estimating	estimate	VERB
issue-2624	232	5	the	the	DET
issue-2624	232	6	regressions	regression	NOUN
issue-2624	232	7	over	over	ADP
issue-2624	232	8	the	the	DET
issue-2624	232	9	entire	entire	ADJ
issue-2624	232	10	sample	sample	NOUN
issue-2624	232	11	period	period	NOUN
issue-2624	232	12	,	,	PUNCT
issue-2624	232	13	as	as	SCONJ
issue-2624	232	14	documented	document	VERB
issue-2624	232	15	in	in	ADP
issue-2624	232	16	table	table	NOUN
issue-2624	232	17	7	7	NUM
issue-2624	232	18	,	,	PUNCT
issue-2624	232	19	the	the	DET
issue-2624	232	20	estimation	estimation	NOUN
issue-2624	232	21	is	be	AUX
issue-2624	232	22	conducted	conduct	VERB
issue-2624	232	23	over	over	ADP
issue-2624	232	24	successive	successive	ADJ
issue-2624	232	25	24	24	NUM
issue-2624	232	26	-	-	PUNCT
issue-2624	232	27	week	week	NOUN
issue-2624	232	28	periods	period	NOUN
issue-2624	232	29	.	.	PUNCT
issue-2624	233	1	the	the	DET
issue-2624	233	2	r	r	NOUN
issue-2624	233	3	-	-	PUNCT
issue-2624	233	4	squared	square	VERB
issue-2624	233	5	value	value	NOUN
issue-2624	233	6	for	for	ADP
issue-2624	233	7	each	each	DET
issue-2624	233	8	rolling	rolling	ADJ
issue-2624	233	9	window	window	NOUN
issue-2624	233	10	period	period	NOUN
issue-2624	233	11	is	be	AUX
issue-2624	233	12	recorded	record	VERB
issue-2624	233	13	.	.	PUNCT
issue-2624	234	1	if	if	SCONJ
issue-2624	234	2	these	these	DET
issue-2624	234	3	r	r	NOUN
issue-2624	234	4	-	-	PUNCT
issue-2624	234	5	squared	square	VERB
issue-2624	234	6	values	value	NOUN
issue-2624	234	7	remain	remain	VERB
issue-2624	234	8	relatively	relatively	ADV
issue-2624	234	9	constant	constant	ADJ
issue-2624	234	10	,	,	PUNCT
issue-2624	234	11	it	it	PRON
issue-2624	234	12	can	can	AUX
issue-2624	234	13	be	be	AUX
issue-2624	234	14	concluded	conclude	VERB
issue-2624	234	15	that	that	SCONJ
issue-2624	234	16	the	the	DET
issue-2624	234	17	level	level	NOUN
issue-2624	234	18	of	of	ADP
issue-2624	234	19	market	market	NOUN
issue-2624	234	20	integration	integration	NOUN
issue-2624	234	21	remains	remain	VERB
issue-2624	234	22	constant	constant	ADJ
issue-2624	234	23	and	and	CCONJ
issue-2624	234	24	does	do	AUX
issue-2624	234	25	not	not	PART
issue-2624	234	26	change	change	VERB
issue-2624	234	27	.	.	PUNCT
issue-2624	235	1	conversely	conversely	ADV
issue-2624	235	2	,	,	PUNCT
issue-2624	235	3	if	if	SCONJ
issue-2624	235	4	the	the	DET
issue-2624	235	5	estimated	estimate	VERB
issue-2624	235	6	r	r	NOUN
issue-2624	235	7	-	-	PUNCT
issue-2624	235	8	squared	square	VERB
issue-2624	235	9	values	value	NOUN
issue-2624	235	10	fluctuate	fluctuate	NOUN
issue-2624	235	11	over	over	ADP
issue-2624	235	12	time	time	NOUN
issue-2624	235	13	,	,	PUNCT
issue-2624	235	14	it	it	PRON
issue-2624	235	15	can	can	AUX
issue-2624	235	16	be	be	AUX
issue-2624	235	17	inferred	infer	VERB
issue-2624	235	18	that	that	SCONJ
issue-2624	235	19	the	the	DET
issue-2624	235	20	level	level	NOUN
issue-2624	235	21	of	of	ADP
issue-2624	235	22	integration	integration	NOUN
issue-2624	235	23	is	be	AUX
issue-2624	235	24	not	not	PART
issue-2624	235	25	static	static	ADJ
issue-2624	235	26	but	but	CCONJ
issue-2624	235	27	rather	rather	ADV
issue-2624	235	28	subject	subject	ADJ
issue-2624	235	29	to	to	ADP
issue-2624	235	30	change	change	NOUN
issue-2624	235	31	.	.	PUNCT
issue-2624	236	1	this	this	DET
issue-2624	236	2	observation	observation	NOUN
issue-2624	236	3	is	be	AUX
issue-2624	236	4	indicative	indicative	ADJ
issue-2624	236	5	of	of	ADP
issue-2624	236	6	dynamic	dynamic	ADJ
issue-2624	236	7	integration	integration	NOUN
issue-2624	236	8	.	.	PUNCT
issue-2624	237	1	figure	figure	NOUN
issue-2624	237	2	2	2	NUM
issue-2624	237	3	depicts	depict	VERB
issue-2624	237	4	the	the	DET
issue-2624	237	5	estimated	estimated	ADJ
issue-2624	237	6	r	r	NOUN
issue-2624	237	7	-	-	PUNCT
issue-2624	237	8	squared	square	VERB
issue-2624	237	9	values	value	NOUN
issue-2624	237	10	over	over	ADP
issue-2624	237	11	time	time	NOUN
issue-2624	237	12	.	.	PUNCT
issue-2624	238	1	the	the	DET
issue-2624	238	2	figure	figure	NOUN
issue-2624	238	3	illustrates	illustrate	VERB
issue-2624	238	4	the	the	DET
issue-2624	238	5	integration	integration	NOUN
issue-2624	238	6	of	of	ADP
issue-2624	238	7	each	each	DET
issue-2624	238	8	country	country	NOUN
issue-2624	238	9	with	with	ADP
issue-2624	238	10	developed	developed	ADJ
issue-2624	238	11	and	and	CCONJ
issue-2624	238	12	emerging	emerge	VERB
issue-2624	238	13	markets	market	NOUN
issue-2624	238	14	,	,	PUNCT
issue-2624	238	15	respectively	respectively	ADV
issue-2624	238	16	,	,	PUNCT
issue-2624	238	17	as	as	SCONJ
issue-2624	238	18	indicated	indicate	VERB
issue-2624	238	19	by	by	ADP
issue-2624	238	20	the	the	DET
issue-2624	238	21	blue	blue	ADJ
issue-2624	238	22	and	and	CCONJ
issue-2624	238	23	red	red	ADJ
issue-2624	238	24	lines	line	NOUN
issue-2624	238	25	.	.	PUNCT
issue-2624	239	1	while	while	SCONJ
issue-2624	239	2	all	all	DET
issue-2624	239	3	three	three	NUM
issue-2624	239	4	exchanges	exchange	NOUN
issue-2624	239	5	demonstrated	demonstrate	VERB
issue-2624	239	6	greater	great	ADJ
issue-2624	239	7	integration	integration	NOUN
issue-2624	239	8	with	with	ADP
issue-2624	239	9	developed	develop	VERB
issue-2624	239	10	markets	market	NOUN
issue-2624	239	11	than	than	ADP
issue-2624	239	12	with	with	ADP
issue-2624	239	13	emerging	emerge	VERB
issue-2624	239	14	markets	market	NOUN
issue-2624	239	15	,	,	PUNCT
issue-2624	239	16	figure	figure	NOUN
issue-2624	239	17	2	2	NUM
issue-2624	239	18	illustrates	illustrate	VERB
issue-2624	239	19	instances	instance	NOUN
issue-2624	239	20	where	where	SCONJ
issue-2624	239	21	emerging	emerge	VERB
issue-2624	239	22	market	market	NOUN
issue-2624	239	23	factors	factor	NOUN
issue-2624	239	24	exerted	exert	VERB
issue-2624	239	25	a	a	DET
issue-2624	239	26	dominant	dominant	ADJ
issue-2624	239	27	influence	influence	NOUN
issue-2624	239	28	.	.	PUNCT
issue-2624	240	1	this	this	PRON
issue-2624	240	2	is	be	AUX
issue-2624	240	3	evident	evident	ADJ
issue-2624	240	4	in	in	ADP
issue-2624	240	5	the	the	DET
issue-2624	240	6	case	case	NOUN
issue-2624	240	7	of	of	ADP
issue-2624	240	8	latvia	latvia	PROPN
issue-2624	240	9	and	and	CCONJ
issue-2624	240	10	estonia	estonia	PROPN
issue-2624	240	11	in	in	ADP
issue-2624	240	12	2018	2018	NUM
issue-2624	240	13	and	and	CCONJ
issue-2624	240	14	2019	2019	NUM
issue-2624	240	15	,	,	PUNCT
issue-2624	240	16	respectively	respectively	ADV
issue-2624	240	17	.	.	PUNCT
issue-2624	241	1	conversely	conversely	ADV
issue-2624	241	2	,	,	PUNCT
issue-2624	241	3	there	there	PRON
issue-2624	241	4	were	be	VERB
issue-2624	241	5	instances	instance	NOUN
issue-2624	241	6	of	of	ADP
issue-2624	241	7	heightened	heightened	ADJ
issue-2624	241	8	integration	integration	NOUN
issue-2624	241	9	with	with	ADP
issue-2624	241	10	the	the	DET
issue-2624	241	11	developed	develop	VERB
issue-2624	241	12	markets	market	NOUN
issue-2624	241	13	,	,	PUNCT
issue-2624	241	14	as	as	SCONJ
issue-2624	241	15	evidenced	evidence	VERB
issue-2624	241	16	by	by	ADP
issue-2624	241	17	latvia	latvia	PROPN
issue-2624	241	18	in	in	ADP
issue-2624	241	19	2012	2012	NUM
issue-2624	241	20	,	,	PUNCT
issue-2624	241	21	2013	2013	NUM
issue-2624	241	22	,	,	PUNCT
issue-2624	241	23	2014	2014	NUM
issue-2624	241	24	,	,	PUNCT
issue-2624	241	25	2016	2016	NUM
issue-2624	241	26	and	and	CCONJ
issue-2624	241	27	2017	2017	NUM
issue-2624	241	28	;	;	PUNCT
issue-2624	241	29	estonia	estonia	PROPN
issue-2624	241	30	for	for	ADP
issue-2624	241	31	the	the	DET
issue-2624	241	32	majority	majority	NOUN
issue-2624	241	33	of	of	ADP
issue-2624	241	34	the	the	DET
issue-2624	241	35	initial	initial	ADJ
issue-2624	241	36	sample	sample	NOUN
issue-2624	241	37	period	period	NOUN
issue-2624	241	38	;	;	PUNCT
issue-2624	241	39	and	and	CCONJ
issue-2624	241	40	lithuania	lithuania	PROPN
issue-2624	241	41	in	in	ADP
issue-2624	241	42	2012	2012	NUM
issue-2624	241	43	and	and	CCONJ
issue-2624	241	44	2013	2013	NUM
issue-2624	241	45	.	.	PUNCT
issue-2624	242	1	further	further	ADJ
issue-2624	242	2	analysis	analysis	NOUN
issue-2624	242	3	may	may	AUX
issue-2624	242	4	facilitate	facilitate	VERB
issue-2624	242	5	the	the	DET
issue-2624	242	6	identification	identification	NOUN
issue-2624	242	7	of	of	ADP
issue-2624	242	8	specific	specific	ADJ
issue-2624	242	9	reasons	reason	NOUN
issue-2624	242	10	for	for	ADP
issue-2624	242	11	these	these	DET
issue-2624	242	12	trends	trend	NOUN
issue-2624	242	13	.	.	PUNCT
issue-2624	243	1	the	the	DET
issue-2624	243	2	evidence	evidence	NOUN
issue-2624	243	3	suggests	suggest	VERB
issue-2624	243	4	that	that	SCONJ
issue-2624	243	5	estonian	estonian	ADJ
issue-2624	243	6	integration	integration	NOUN
issue-2624	243	7	is	be	AUX
issue-2624	243	8	the	the	DET
issue-2624	243	9	most	most	ADV
issue-2624	243	10	consistent	consistent	ADJ
issue-2624	243	11	,	,	PUNCT
issue-2624	243	12	with	with	ADP
issue-2624	243	13	levels	level	NOUN
issue-2624	243	14	not	not	PART
issue-2624	243	15	exhibiting	exhibit	VERB
issue-2624	243	16	the	the	DET
issue-2624	243	17	pronounced	pronounce	VERB
issue-2624	243	18	decline	decline	NOUN
issue-2624	243	19	observed	observe	VERB
issue-2624	243	20	in	in	ADP
issue-2624	243	21	lithuania	lithuania	PROPN
issue-2624	243	22	in	in	ADP
issue-2624	243	23	2014	2014	NUM
issue-2624	243	24	and	and	CCONJ
issue-2624	243	25	latvia	latvia	PROPN
issue-2624	243	26	towards	towards	ADP
issue-2624	243	27	the	the	DET
issue-2624	243	28	end	end	NOUN
issue-2624	243	29	of	of	ADP
issue-2624	243	30	2015	2015	NUM
issue-2624	243	31	.	.	PUNCT
issue-2624	244	1	however	however	ADV
issue-2624	244	2	,	,	PUNCT
issue-2624	244	3	the	the	DET
issue-2624	244	4	overall	overall	ADJ
issue-2624	244	5	trend	trend	NOUN
issue-2624	244	6	is	be	AUX
issue-2624	244	7	negative	negative	ADJ
issue-2624	244	8	.	.	PUNCT
issue-2624	245	1	it	it	PRON
issue-2624	245	2	appears	appear	VERB
issue-2624	245	3	that	that	SCONJ
issue-2624	245	4	the	the	DET
issue-2624	245	5	estonian	estonian	ADJ
issue-2624	245	6	stock	stock	NOUN
issue-2624	245	7	market	market	NOUN
issue-2624	245	8	is	be	AUX
issue-2624	245	9	exhibiting	exhibit	VERB
issue-2624	245	10	a	a	DET
issue-2624	245	11	diminished	diminished	ADJ
issue-2624	245	12	degree	degree	NOUN
issue-2624	245	13	of	of	ADP
issue-2624	245	14	integration	integration	NOUN
issue-2624	245	15	with	with	ADP
issue-2624	245	16	both	both	CCONJ
issue-2624	245	17	developed	develop	VERB
issue-2624	245	18	and	and	CCONJ
issue-2624	245	19	emerging	emerge	VERB
issue-2624	245	20	markets	market	NOUN
issue-2624	245	21	towards	towards	ADP
issue-2624	245	22	the	the	DET
issue-2624	245	23	conclusion	conclusion	NOUN
issue-2624	245	24	of	of	ADP
issue-2624	245	25	the	the	DET
issue-2624	245	26	sample	sample	NOUN
issue-2624	245	27	period	period	NOUN
issue-2624	245	28	.	.	PUNCT
issue-2624	246	1	both	both	PRON
issue-2624	246	2	latvia	latvia	PROPN
issue-2624	246	3	and	and	CCONJ
issue-2624	246	4	lithuania	lithuania	PROPN
issue-2624	246	5	demonstrate	demonstrate	VERB
issue-2624	246	6	indications	indication	NOUN
issue-2624	246	7	of	of	ADP
issue-2624	246	8	reduced	reduce	VERB
issue-2624	246	9	integration	integration	NOUN
issue-2624	246	10	in	in	ADP
issue-2624	246	11	2019	2019	NUM
issue-2624	246	12	;	;	PUNCT
issue-2624	246	13	however	however	ADV
issue-2624	246	14	,	,	PUNCT
issue-2624	246	15	during	during	ADP
issue-2624	246	16	the	the	DET
issue-2624	246	17	preceding	precede	VERB
issue-2624	246	18	two	two	NUM
issue-2624	246	19	years	year	NOUN
issue-2624	246	20	,	,	PUNCT
issue-2624	246	21	the	the	DET
issue-2624	246	22	trend	trend	NOUN
issue-2624	246	23	exhibited	exhibit	VERB
issue-2624	246	24	an	an	DET
issue-2624	246	25	upward	upward	ADJ
issue-2624	246	26	trajectory	trajectory	NOUN
issue-2624	246	27	.	.	PUNCT
issue-2624	247	1	these	these	DET
issue-2624	247	2	trends	trend	NOUN
issue-2624	247	3	are	be	AUX
issue-2624	247	4	in	in	ADP
issue-2624	247	5	contrast	contrast	NOUN
issue-2624	247	6	with	with	ADP
issue-2624	247	7	the	the	DET
issue-2624	247	8	observations	observation	NOUN
issue-2624	247	9	of	of	ADP
issue-2624	247	10	stasiukonytė	stasiukonytė	NOUN
issue-2624	247	11	and	and	CCONJ
issue-2624	247	12	vasiliauskaitė	vasiliauskaitė	NOUN
issue-2624	247	13	(	(	PUNCT
issue-2624	247	14	2008	2008	NUM
issue-2624	247	15	)	)	PUNCT
issue-2624	247	16	,	,	PUNCT
issue-2624	247	17	which	which	PRON
issue-2624	247	18	may	may	AUX
issue-2624	247	19	be	be	AUX
issue-2624	247	20	due	due	ADJ
issue-2624	247	21	in	in	ADP
issue-2624	247	22	part	part	NOUN
issue-2624	247	23	to	to	ADP
issue-2624	247	24	the	the	DET
issue-2624	247	25	fact	fact	NOUN
issue-2624	247	26	that	that	SCONJ
issue-2624	247	27	their	their	PRON
issue-2624	247	28	analysis	analysis	NOUN
issue-2624	247	29	covered	cover	VERB
issue-2624	247	30	an	an	DET
issue-2624	247	31	earlier	early	ADJ
issue-2624	247	32	sample	sample	NOUN
issue-2624	247	33	period.figure	period.figure	PRON
issue-2624	247	34	2	2	NUM
issue-2624	247	35	.	.	PUNCT
issue-2624	247	36	dynamic	dynamic	ADJ
issue-2624	247	37	stock	stock	NOUN
issue-2624	247	38	market	market	NOUN
issue-2624	247	39	integration	integration	NOUN
issue-2624	247	40	.0	.0	NUM
issue-2624	248	1	.1	.1	NUM
issue-2624	249	1	.2	.2	NUM
issue-2624	249	2	.3	.3	NUM
issue-2624	250	1	.4	.4	NUM
issue-2624	250	2	.5	.5	NUM
issue-2624	251	1	.6	.6	NUM
issue-2624	252	1	.7	.7	PROPN
issue-2624	253	1	.8	.8	PROPN
issue-2624	254	1	10	10	NUM
issue-2624	254	2	11	11	NUM
issue-2624	254	3	12	12	NUM
issue-2624	254	4	13	13	NUM
issue-2624	254	5	14	14	NUM
issue-2624	254	6	15	15	NUM
issue-2624	254	7	16	16	NUM
issue-2624	254	8	17	17	NUM
issue-2624	254	9	18	18	NUM
issue-2624	254	10	19	19	NUM
issue-2624	254	11	omxrdev	omxrdev	NOUN
issue-2624	254	12	omxrem	omxrem	VERB
issue-2624	254	13	riga	riga	PROPN
issue-2624	254	14	(	(	PUNCT
issue-2624	254	15	latvia	latvia	PROPN
issue-2624	254	16	)	)	PUNCT
issue-2624	254	17	exchange	exchange	NOUN
issue-2624	254	18	.0	.0	NUM
issue-2624	255	1	.1	.1	NOUN
issue-2624	256	1	.2	.2	NUM
issue-2624	256	2	.3	.3	NUM
issue-2624	257	1	.4	.4	NUM
issue-2624	257	2	.5	.5	NUM
issue-2624	258	1	.6	.6	NUM
issue-2624	259	1	.7	.7	PROPN
issue-2624	259	2	.8	.8	PROPN
issue-2624	260	1	.9	.9	NUM
issue-2624	260	2	10	10	NUM
issue-2624	260	3	11	11	NUM
issue-2624	260	4	12	12	NUM
issue-2624	260	5	13	13	NUM
issue-2624	260	6	14	14	NUM
issue-2624	260	7	15	15	NUM
issue-2624	260	8	16	16	NUM
issue-2624	260	9	17	17	NUM
issue-2624	260	10	18	18	NUM
issue-2624	260	11	19	19	NUM
issue-2624	260	12	omxtdev	omxtdev	NOUN
issue-2624	260	13	omxtem	omxtem	NOUN
issue-2624	260	14	tallinn	tallinn	PROPN
issue-2624	260	15	(	(	PUNCT
issue-2624	260	16	estonia	estonia	PROPN
issue-2624	260	17	)	)	PUNCT
issue-2624	260	18	exchange	exchange	NOUN
issue-2624	261	1	.0	.0	NUM
issue-2624	262	1	.1	.1	NOUN
issue-2624	263	1	.2	.2	NUM
issue-2624	263	2	.3	.3	NUM
issue-2624	264	1	.4	.4	NUM
issue-2624	264	2	.5	.5	NUM
issue-2624	265	1	.6	.6	NUM
issue-2624	266	1	.7	.7	PROPN
issue-2624	266	2	.8	.8	PROPN
issue-2624	267	1	.9	.9	NUM
issue-2624	267	2	10	10	NUM
issue-2624	267	3	11	11	NUM
issue-2624	267	4	12	12	NUM
issue-2624	267	5	13	13	NUM
issue-2624	267	6	14	14	NUM
issue-2624	267	7	15	15	NUM
issue-2624	267	8	16	16	NUM
issue-2624	267	9	17	17	NUM
issue-2624	267	10	18	18	NUM
issue-2624	267	11	19	19	NUM
issue-2624	267	12	omxvdev	omxvdev	NOUN
issue-2624	267	13	omxvem	omxvem	NOUN
issue-2624	267	14	vilnius	vilnius	PROPN
issue-2624	267	15	(	(	PUNCT
issue-2624	267	16	lithuania	lithuania	PROPN
issue-2624	267	17	)	)	PUNCT
issue-2624	267	18	exchange	exchange	PROPN
issue-2624	267	19	baltic	baltic	PROPN
issue-2624	267	20	journal	journal	PROPN
issue-2624	267	21	of	of	ADP
issue-2624	267	22	economic	economic	ADJ
issue-2624	267	23	studies	study	NOUN
issue-2624	267	24	29	29	NUM
issue-2624	267	25	vol	vol	NOUN
issue-2624	267	26	.	.	PUNCT
issue-2624	268	1	10	10	NUM
issue-2624	268	2	no	no	NOUN
issue-2624	268	3	.	.	NOUN
issue-2624	268	4	5	5	NUM
issue-2624	268	5	,	,	PUNCT
issue-2624	268	6	2024	2024	NUM
issue-2624	268	7	6	6	NUM
issue-2624	268	8	.	.	PUNCT
issue-2624	269	1	conclusions	conclusion	NOUN
issue-2624	269	2	the	the	DET
issue-2624	269	3	three	three	NUM
issue-2624	269	4	baltic	baltic	ADJ
issue-2624	269	5	countries	country	NOUN
issue-2624	269	6	of	of	ADP
issue-2624	269	7	estonia	estonia	PROPN
issue-2624	269	8	,	,	PUNCT
issue-2624	269	9	latvia	latvia	PROPN
issue-2624	269	10	and	and	CCONJ
issue-2624	269	11	lithuania	lithuania	PROPN
issue-2624	269	12	achieved	achieve	VERB
issue-2624	269	13	independence	independence	NOUN
issue-2624	269	14	in	in	ADP
issue-2624	269	15	1991	1991	NUM
issue-2624	269	16	and	and	CCONJ
issue-2624	269	17	established	establish	VERB
issue-2624	269	18	their	their	PRON
issue-2624	269	19	own	own	ADJ
issue-2624	269	20	stock	stock	NOUN
issue-2624	269	21	exchanges	exchange	NOUN
issue-2624	269	22	between	between	ADP
issue-2624	269	23	1993	1993	NUM
issue-2624	269	24	and	and	CCONJ
issue-2624	269	25	1996	1996	NUM
issue-2624	269	26	.	.	PUNCT
issue-2624	270	1	these	these	DET
issue-2624	270	2	relatively	relatively	ADV
issue-2624	270	3	young	young	ADJ
issue-2624	270	4	exchanges	exchange	NOUN
issue-2624	270	5	operate	operate	VERB
issue-2624	270	6	within	within	ADP
issue-2624	270	7	economies	economy	NOUN
issue-2624	270	8	that	that	PRON
issue-2624	270	9	have	have	VERB
issue-2624	270	10	long	long	ADV
issue-2624	270	11	-	-	PUNCT
issue-2624	270	12	standing	stand	VERB
issue-2624	270	13	european	european	ADJ
issue-2624	270	14	relationships	relationship	NOUN
issue-2624	270	15	,	,	PUNCT
issue-2624	270	16	including	include	VERB
issue-2624	270	17	membership	membership	NOUN
issue-2624	270	18	of	of	ADP
issue-2624	270	19	the	the	DET
issue-2624	270	20	eu	eu	PROPN
issue-2624	270	21	,	,	PUNCT
issue-2624	270	22	oecd	oecd	PROPN
issue-2624	270	23	,	,	PUNCT
issue-2624	270	24	and	and	CCONJ
issue-2624	270	25	the	the	DET
issue-2624	270	26	euro	euro	PROPN
issue-2624	270	27	area	area	NOUN
issue-2624	270	28	.	.	PUNCT
issue-2624	271	1	nevertheless	nevertheless	ADV
issue-2624	271	2	,	,	PUNCT
issue-2624	271	3	despite	despite	SCONJ
issue-2624	271	4	their	their	PRON
issue-2624	271	5	european	european	ADJ
issue-2624	271	6	linkages	linkage	NOUN
issue-2624	271	7	,	,	PUNCT
issue-2624	271	8	they	they	PRON
issue-2624	271	9	are	be	AUX
issue-2624	271	10	classified	classify	VERB
issue-2624	271	11	as	as	ADP
issue-2624	271	12	"	"	PUNCT
issue-2624	271	13	frontier	frontier	NOUN
issue-2624	271	14	markets	market	NOUN
issue-2624	271	15	"	"	PUNCT
issue-2624	271	16	,	,	PUNCT
issue-2624	271	17	with	with	ADP
issue-2624	271	18	future	future	ADJ
issue-2624	271	19	expectations	expectation	NOUN
issue-2624	271	20	of	of	ADP
issue-2624	271	21	being	be	AUX
issue-2624	271	22	reclassified	reclassify	VERB
issue-2624	271	23	as	as	ADP
issue-2624	271	24	"	"	PUNCT
issue-2624	271	25	emerging	emerge	VERB
issue-2624	271	26	"	"	PUNCT
issue-2624	271	27	and	and	CCONJ
issue-2624	271	28	subsequently	subsequently	ADV
issue-2624	271	29	as	as	SCONJ
issue-2624	271	30	"	"	PUNCT
issue-2624	271	31	developed	develop	VERB
issue-2624	271	32	"	"	PUNCT
issue-2624	271	33	.	.	PUNCT
issue-2624	272	1	the	the	DET
issue-2624	272	2	economic	economic	ADJ
issue-2624	272	3	structures	structure	NOUN
issue-2624	272	4	are	be	AUX
issue-2624	272	5	analogous	analogous	ADJ
issue-2624	272	6	,	,	PUNCT
issue-2624	272	7	with	with	ADP
issue-2624	272	8	the	the	DET
issue-2624	272	9	same	same	ADJ
issue-2624	272	10	industries	industry	NOUN
issue-2624	272	11	contributing	contribute	VERB
issue-2624	272	12	analogous	analogous	ADJ
issue-2624	272	13	shares	share	NOUN
issue-2624	272	14	to	to	ADP
issue-2624	272	15	total	total	ADJ
issue-2624	272	16	production	production	NOUN
issue-2624	272	17	.	.	PUNCT
issue-2624	273	1	the	the	DET
issue-2624	273	2	similarities	similarity	NOUN
issue-2624	273	3	between	between	ADP
issue-2624	273	4	these	these	DET
issue-2624	273	5	industry	industry	NOUN
issue-2624	273	6	contributions	contribution	NOUN
issue-2624	273	7	to	to	ADP
issue-2624	273	8	gdp	gdp	NOUN
issue-2624	273	9	are	be	AUX
issue-2624	273	10	however	however	ADV
issue-2624	273	11	not	not	PART
issue-2624	273	12	reflected	reflect	VERB
issue-2624	273	13	in	in	ADP
issue-2624	273	14	the	the	DET
issue-2624	273	15	industry	industry	NOUN
issue-2624	273	16	breakdown	breakdown	NOUN
issue-2624	273	17	of	of	ADP
issue-2624	273	18	the	the	DET
issue-2624	273	19	exchanges	exchange	NOUN
issue-2624	273	20	.	.	PUNCT
issue-2624	274	1	for	for	ADP
issue-2624	274	2	instance	instance	NOUN
issue-2624	274	3	,	,	PUNCT
issue-2624	274	4	omxtgi	omxtgi	PROPN
issue-2624	274	5	has	have	VERB
issue-2624	274	6	a	a	DET
issue-2624	274	7	considerably	considerably	ADV
issue-2624	274	8	lower	low	ADJ
issue-2624	274	9	market	market	NOUN
issue-2624	274	10	capitalisation	capitalisation	NOUN
issue-2624	274	11	and	and	CCONJ
issue-2624	274	12	number	number	NOUN
issue-2624	274	13	of	of	ADP
issue-2624	274	14	listings	listing	NOUN
issue-2624	274	15	.	.	PUNCT
issue-2624	275	1	additionally	additionally	ADV
issue-2624	275	2	,	,	PUNCT
issue-2624	275	3	investments	investment	NOUN
issue-2624	275	4	in	in	ADP
issue-2624	275	5	equities	equity	NOUN
issue-2624	275	6	of	of	ADP
issue-2624	275	7	the	the	DET
issue-2624	275	8	three	three	NUM
issue-2624	275	9	baltic	baltic	ADJ
issue-2624	275	10	states	state	NOUN
issue-2624	275	11	are	be	AUX
issue-2624	275	12	made	make	VERB
issue-2624	275	13	by	by	ADP
issue-2624	275	14	different	different	ADJ
issue-2624	275	15	countries	country	NOUN
issue-2624	275	16	.	.	PUNCT
issue-2624	276	1	factor	factor	NOUN
issue-2624	276	2	analysis	analysis	NOUN
issue-2624	276	3	over	over	ADP
issue-2624	276	4	the	the	DET
issue-2624	276	5	decade	decade	NOUN
issue-2624	276	6	2010	2010	NUM
issue-2624	276	7	to	to	ADP
issue-2624	276	8	2019	2019	NUM
issue-2624	276	9	confirms	confirm	VERB
issue-2624	276	10	low	low	ADJ
issue-2624	276	11	levels	level	NOUN
issue-2624	276	12	of	of	ADP
issue-2624	276	13	integration	integration	NOUN
issue-2624	276	14	with	with	ADP
issue-2624	276	15	both	both	CCONJ
issue-2624	276	16	developed	develop	VERB
issue-2624	276	17	and	and	CCONJ
issue-2624	276	18	emerging	emerge	VERB
issue-2624	276	19	global	global	ADJ
issue-2624	276	20	equity	equity	NOUN
issue-2624	276	21	markets	market	NOUN
issue-2624	276	22	–	–	PUNCT
issue-2624	276	23	but	but	CCONJ
issue-2624	276	24	slightly	slightly	ADV
issue-2624	276	25	higher	high	ADJ
issue-2624	276	26	integration	integration	NOUN
issue-2624	276	27	with	with	ADP
issue-2624	276	28	developed	develop	VERB
issue-2624	276	29	markets	market	NOUN
issue-2624	276	30	.	.	PUNCT
issue-2624	277	1	there	there	PRON
issue-2624	277	2	are	be	VERB
issue-2624	277	3	signs	sign	NOUN
issue-2624	277	4	of	of	ADP
issue-2624	277	5	changes	change	NOUN
issue-2624	277	6	in	in	ADP
issue-2624	277	7	the	the	DET
issue-2624	277	8	level	level	NOUN
issue-2624	277	9	of	of	ADP
issue-2624	277	10	integration	integration	NOUN
issue-2624	277	11	over	over	ADP
issue-2624	277	12	this	this	DET
issue-2624	277	13	period	period	NOUN
issue-2624	277	14	.	.	PUNCT
issue-2624	278	1	omxtgi	omxtgi	PROPN
issue-2624	278	2	seems	seem	VERB
issue-2624	278	3	to	to	PART
issue-2624	278	4	end	end	VERB
issue-2624	278	5	the	the	DET
issue-2624	278	6	decade	decade	NOUN
issue-2624	278	7	with	with	ADP
issue-2624	278	8	less	less	ADJ
issue-2624	278	9	integration	integration	NOUN
issue-2624	278	10	,	,	PUNCT
issue-2624	278	11	while	while	SCONJ
issue-2624	278	12	there	there	PRON
issue-2624	278	13	are	be	VERB
issue-2624	278	14	indications	indication	NOUN
issue-2624	278	15	that	that	SCONJ
issue-2624	278	16	omxrgi	omxrgi	NOUN
issue-2624	278	17	and	and	CCONJ
issue-2624	278	18	omxvgi	omxvgi	PROPN
issue-2624	278	19	may	may	AUX
issue-2624	278	20	be	be	AUX
issue-2624	278	21	on	on	ADP
issue-2624	278	22	the	the	DET
issue-2624	278	23	way	way	NOUN
issue-2624	278	24	to	to	ADP
issue-2624	278	25	higher	high	ADJ
issue-2624	278	26	integration	integration	NOUN
issue-2624	278	27	.	.	PUNCT
issue-2624	279	1	the	the	DET
issue-2624	279	2	sample	sample	NOUN
issue-2624	279	3	period	period	NOUN
issue-2624	279	4	deliberately	deliberately	ADV
issue-2624	279	5	excludes	exclude	VERB
issue-2624	279	6	the	the	DET
issue-2624	279	7	volatile	volatile	ADJ
issue-2624	279	8	period	period	NOUN
issue-2624	279	9	of	of	ADP
issue-2624	279	10	the	the	DET
issue-2624	279	11	covid-19	covid-19	PROPN
issue-2624	279	12	pandemic	pandemic	NOUN
issue-2624	279	13	and	and	CCONJ
issue-2624	279	14	the	the	DET
issue-2624	279	15	russian	russian	ADJ
issue-2624	279	16	invasion	invasion	NOUN
issue-2624	279	17	of	of	ADP
issue-2624	279	18	ukraine	ukraine	NOUN
issue-2624	279	19	.	.	PUNCT
issue-2624	280	1	the	the	DET
issue-2624	280	2	results	result	NOUN
issue-2624	280	3	and	and	CCONJ
issue-2624	280	4	observed	observed	ADJ
issue-2624	280	5	trends	trend	NOUN
issue-2624	280	6	would	would	AUX
issue-2624	280	7	be	be	AUX
issue-2624	280	8	very	very	ADV
issue-2624	280	9	different	different	ADJ
issue-2624	280	10	if	if	SCONJ
issue-2624	280	11	these	these	DET
issue-2624	280	12	later	late	ADJ
issue-2624	280	13	periods	period	NOUN
issue-2624	280	14	were	be	AUX
issue-2624	280	15	included	include	VERB
issue-2624	280	16	.	.	PUNCT
issue-2624	281	1	it	it	PRON
issue-2624	281	2	is	be	AUX
issue-2624	281	3	therefore	therefore	ADV
issue-2624	281	4	likely	likely	ADJ
issue-2624	281	5	that	that	SCONJ
issue-2624	281	6	the	the	DET
issue-2624	281	7	results	result	NOUN
issue-2624	281	8	are	be	AUX
issue-2624	281	9	due	due	ADJ
issue-2624	281	10	to	to	ADP
issue-2624	281	11	economic	economic	ADJ
issue-2624	281	12	rather	rather	ADV
issue-2624	281	13	than	than	ADP
issue-2624	281	14	geopolitical	geopolitical	ADJ
issue-2624	281	15	factors	factor	NOUN
issue-2624	281	16	.	.	PUNCT
issue-2624	282	1	author	author	NOUN
issue-2624	282	2	contribution	contribution	NOUN
issue-2624	282	3	this	this	DET
issue-2624	282	4	article	article	NOUN
issue-2624	282	5	was	be	AUX
issue-2624	282	6	independently	independently	ADV
issue-2624	282	7	compiled	compile	VERB
issue-2624	282	8	by	by	ADP
issue-2624	282	9	anmar	anmar	PROPN
issue-2624	282	10	pretorius	pretorius	PROPN
issue-2624	282	11	utilising	utilise	VERB
issue-2624	282	12	the	the	DET
issue-2624	282	13	listed	list	VERB
issue-2624	282	14	resources	resource	NOUN
issue-2624	282	15	.	.	PUNCT
issue-2624	283	1	references	reference	NOUN
issue-2624	283	2	:	:	PUNCT
issue-2624	283	3	aleknevičienė	aleknevičienė	PROPN
issue-2624	283	4	,	,	PUNCT
issue-2624	283	5	v.	v.	NOUN
issue-2624	283	6	,	,	PUNCT
issue-2624	283	7	klasauskaitė	klasauskaitė	NOUN
issue-2624	283	8	,	,	PUNCT
issue-2624	283	9	v.	v.	ADJ
issue-2624	283	10	,	,	PUNCT
issue-2624	283	11	&	&	CCONJ
issue-2624	283	12	aleknevičiūtė	aleknevičiūtė	PROPN
issue-2624	283	13	,	,	PUNCT
issue-2624	283	14	e.	e.	PROPN
issue-2624	283	15	(	(	PUNCT
issue-2624	283	16	2022	2022	NUM
issue-2624	283	17	)	)	PUNCT
issue-2624	283	18	.	.	PUNCT
issue-2624	284	1	behavior	behavior	NOUN
issue-2624	284	2	of	of	ADP
issue-2624	284	3	calendar	calendar	NOUN
issue-2624	284	4	anomalies	anomaly	NOUN
issue-2624	284	5	and	and	CCONJ
issue-2624	284	6	the	the	DET
issue-2624	284	7	adaptive	adaptive	ADJ
issue-2624	284	8	market	market	NOUN
issue-2624	284	9	hypothesis	hypothesis	NOUN
issue-2624	284	10	:	:	PUNCT
issue-2624	284	11	evidence	evidence	NOUN
issue-2624	284	12	from	from	ADP
issue-2624	284	13	the	the	DET
issue-2624	284	14	baltic	baltic	ADJ
issue-2624	284	15	stock	stock	NOUN
issue-2624	284	16	markets	market	NOUN
issue-2624	284	17	.	.	PUNCT
issue-2624	285	1	journal	journal	PROPN
issue-2624	285	2	of	of	ADP
issue-2624	285	3	baltic	baltic	ADJ
issue-2624	285	4	studies	study	NOUN
issue-2624	285	5	,	,	PUNCT
issue-2624	285	6	53(2):187–210	53(2):187–210	PROPN
issue-2624	285	7	.	.	PUNCT
issue-2624	286	1	alessi	alessi	PROPN
issue-2624	286	2	,	,	PUNCT
issue-2624	286	3	l.	l.	PROPN
issue-2624	286	4	,	,	PUNCT
issue-2624	286	5	barrogozzi	barrogozzi	PROPN
issue-2624	286	6	,	,	PUNCT
issue-2624	286	7	m.	m.	NOUN
issue-2624	286	8	,	,	PUNCT
issue-2624	286	9	&	&	CCONJ
issue-2624	286	10	capasso	capasso	PROPN
issue-2624	286	11	,	,	PUNCT
issue-2624	286	12	m.	m.	NOUN
issue-2624	286	13	(	(	PUNCT
issue-2624	286	14	2010	2010	NUM
issue-2624	286	15	)	)	PUNCT
issue-2624	286	16	.	.	PUNCT
issue-2624	287	1	improved	improve	VERB
issue-2624	287	2	penalization	penalization	NOUN
issue-2624	287	3	for	for	ADP
issue-2624	287	4	determining	determine	VERB
issue-2624	287	5	the	the	DET
issue-2624	287	6	number	number	NOUN
issue-2624	287	7	of	of	ADP
issue-2624	287	8	factors	factor	NOUN
issue-2624	287	9	in	in	ADP
issue-2624	287	10	approximate	approximate	ADJ
issue-2624	287	11	factor	factor	NOUN
issue-2624	287	12	models	model	NOUN
issue-2624	287	13	.	.	PUNCT
issue-2624	288	1	statistics	statistic	NOUN
issue-2624	288	2	and	and	CCONJ
issue-2624	288	3	probability	probability	NOUN
issue-2624	288	4	letters	letter	NOUN
issue-2624	288	5	,	,	PUNCT
issue-2624	288	6	80(23	80(23	NOUN
issue-2624	288	7	-	-	PUNCT
issue-2624	288	8	24):1806–1813	24):1806–1813	NUM
issue-2624	288	9	.	.	PUNCT
issue-2624	289	1	bai	bai	PROPN
issue-2624	289	2	,	,	PUNCT
issue-2624	289	3	j.	j.	PROPN
issue-2624	289	4	,	,	PUNCT
issue-2624	289	5	&	&	CCONJ
issue-2624	289	6	ng	ng	PROPN
issue-2624	289	7	,	,	PUNCT
issue-2624	289	8	s.	s.	PROPN
issue-2624	289	9	(	(	PUNCT
issue-2624	289	10	2002	2002	NUM
issue-2624	289	11	)	)	PUNCT
issue-2624	289	12	.	.	PUNCT
issue-2624	290	1	determining	determine	VERB
issue-2624	290	2	the	the	DET
issue-2624	290	3	number	number	NOUN
issue-2624	290	4	of	of	ADP
issue-2624	290	5	factors	factor	NOUN
issue-2624	290	6	in	in	ADP
issue-2624	290	7	approximate	approximate	ADJ
issue-2624	290	8	factor	factor	NOUN
issue-2624	290	9	models	model	NOUN
issue-2624	290	10	.	.	PUNCT
issue-2624	291	1	econometrica	econometrica	PROPN
issue-2624	291	2	,	,	PUNCT
issue-2624	291	3	70(1):191–221	70(1):191–221	PROPN
issue-2624	291	4	.	.	PUNCT
issue-2624	292	1	chamberlain	chamberlain	NOUN
issue-2624	292	2	,	,	PUNCT
issue-2624	292	3	g.	g.	PROPN
issue-2624	292	4	,	,	PUNCT
issue-2624	292	5	&	&	CCONJ
issue-2624	292	6	rothschild	rothschild	PROPN
issue-2624	292	7	,	,	PUNCT
issue-2624	292	8	m.	m.	NOUN
issue-2624	292	9	(	(	PUNCT
issue-2624	292	10	1983	1983	NUM
issue-2624	292	11	)	)	PUNCT
issue-2624	292	12	.	.	PUNCT
issue-2624	293	1	arbitrage	arbitrage	NOUN
issue-2624	293	2	,	,	PUNCT
issue-2624	293	3	factor	factor	NOUN
issue-2624	293	4	structure	structure	NOUN
issue-2624	293	5	,	,	PUNCT
issue-2624	293	6	and	and	CCONJ
issue-2624	293	7	mean	mean	ADJ
issue-2624	293	8	variance	variance	NOUN
issue-2624	293	9	analysis	analysis	NOUN
issue-2624	293	10	of	of	ADP
issue-2624	293	11	large	large	ADJ
issue-2624	293	12	asset	asset	NOUN
issue-2624	293	13	markets	market	NOUN
issue-2624	293	14	.	.	PUNCT
issue-2624	294	1	econometrica	econometrica	PROPN
issue-2624	294	2	,	,	PUNCT
issue-2624	294	3	51(5):1281–1304	51(5):1281–1304	PROPN
issue-2624	294	4	.	.	PUNCT
issue-2624	294	5	deltuvaitė	deltuvaitė	NOUN
issue-2624	294	6	,	,	PUNCT
issue-2624	294	7	v.	v.	PROPN
issue-2624	294	8	(	(	PUNCT
issue-2624	294	9	2016	2016	NUM
issue-2624	294	10	)	)	PUNCT
issue-2624	294	11	.	.	PUNCT
issue-2624	295	1	investigation	investigation	NOUN
issue-2624	295	2	of	of	ADP
issue-2624	295	3	stock	stock	NOUN
issue-2624	295	4	market	market	NOUN
issue-2624	295	5	integration	integration	NOUN
issue-2624	295	6	in	in	ADP
issue-2624	295	7	the	the	DET
issue-2624	295	8	baltic	baltic	ADJ
issue-2624	295	9	countries	country	NOUN
issue-2624	295	10	.	.	PUNCT
issue-2624	296	1	economics	economic	NOUN
issue-2624	296	2	and	and	CCONJ
issue-2624	296	3	business	business	NOUN
issue-2624	296	4	,	,	PUNCT
issue-2624	296	5	28(1):38–44	28(1):38–44	NUM
issue-2624	296	6	.	.	PUNCT
issue-2624	296	7	ftse	ftse	PROPN
issue-2624	296	8	russell	russell	PROPN
issue-2624	296	9	(	(	PUNCT
issue-2624	296	10	2023	2023	NUM
issue-2624	296	11	)	)	PUNCT
issue-2624	296	12	.	.	PUNCT
issue-2624	297	1	ftse	ftse	PROPN
issue-2624	297	2	equity	equity	NOUN
issue-2624	297	3	country	country	NOUN
issue-2624	297	4	classification	classification	NOUN
issue-2624	297	5	september	september	PROPN
issue-2624	297	6	2023	2023	NUM
issue-2624	297	7	annual	annual	ADJ
issue-2624	297	8	announcement	announcement	NOUN
issue-2624	297	9	.	.	PUNCT
issue-2624	298	1	available	available	ADJ
issue-2624	298	2	at	at	ADP
issue-2624	298	3	https://research.ftserussell.com/products/downloads/ftse-country-classification-update_latest.pdf	https://research.ftserussell.com/products/downloads/ftse-country-classification-update_latest.pdf	PROPN
issue-2624	298	4	harkmann	harkmann	PROPN
issue-2624	298	5	,	,	PUNCT
issue-2624	298	6	k.	k.	PROPN
issue-2624	298	7	(	(	PUNCT
issue-2624	298	8	2022	2022	NUM
issue-2624	298	9	)	)	PUNCT
issue-2624	298	10	.	.	PUNCT
issue-2624	299	1	integration	integration	NOUN
issue-2624	299	2	of	of	ADP
issue-2624	299	3	the	the	DET
issue-2624	299	4	baltic	baltic	ADJ
issue-2624	299	5	stock	stock	NOUN
issue-2624	299	6	markets	market	NOUN
issue-2624	299	7	with	with	ADP
issue-2624	299	8	developed	developed	ADJ
issue-2624	299	9	european	european	ADJ
issue-2624	299	10	markets	market	NOUN
issue-2624	299	11	.	.	PUNCT
issue-2624	300	1	international	international	ADJ
issue-2624	300	2	journal	journal	PROPN
issue-2624	300	3	of	of	ADP
issue-2624	300	4	finance	finance	PROPN
issue-2624	300	5	&	&	CCONJ
issue-2624	300	6	economics	economic	NOUN
issue-2624	300	7	,	,	PUNCT
issue-2624	300	8	27(1):506–517	27(1):506–517	PROPN
issue-2624	300	9	.	.	PUNCT
issue-2624	301	1	kabundi	kabundi	PROPN
issue-2624	301	2	,	,	PUNCT
issue-2624	301	3	a.	a.	PROPN
issue-2624	301	4	,	,	PUNCT
issue-2624	301	5	&	&	CCONJ
issue-2624	301	6	mouchili	mouchili	PROPN
issue-2624	301	7	,	,	PUNCT
issue-2624	301	8	i.	i.	PROPN
issue-2624	301	9	(	(	PUNCT
issue-2624	301	10	2009	2009	NUM
issue-2624	301	11	)	)	PUNCT
issue-2624	301	12	.	.	PUNCT
issue-2624	302	1	stock	stock	NOUN
issue-2624	302	2	market	market	NOUN
issue-2624	302	3	integration	integration	NOUN
issue-2624	302	4	:	:	PUNCT
issue-2624	302	5	a	a	DET
issue-2624	302	6	south	south	ADJ
issue-2624	302	7	african	african	ADJ
issue-2624	302	8	perspective	perspective	NOUN
issue-2624	302	9	.	.	PUNCT
issue-2624	303	1	the	the	DET
issue-2624	303	2	african	african	ADJ
issue-2624	303	3	finance	finance	NOUN
issue-2624	303	4	journal	journal	NOUN
issue-2624	303	5	,	,	PUNCT
issue-2624	303	6	11(2):51–66	11(2):51–66	NUM
issue-2624	303	7	.	.	PUNCT
issue-2624	303	8	kenourgios	kenourgio	NOUN
issue-2624	303	9	,	,	PUNCT
issue-2624	303	10	d.	d.	PROPN
issue-2624	303	11	,	,	PUNCT
issue-2624	303	12	&	&	CCONJ
issue-2624	303	13	samitas	samita	NOUN
issue-2624	303	14	,	,	PUNCT
issue-2624	303	15	a.	a.	NOUN
issue-2624	303	16	(	(	PUNCT
issue-2624	303	17	2011	2011	NUM
issue-2624	303	18	)	)	PUNCT
issue-2624	303	19	.	.	PUNCT
issue-2624	304	1	equity	equity	NOUN
issue-2624	304	2	market	market	NOUN
issue-2624	304	3	integration	integration	NOUN
issue-2624	304	4	in	in	ADP
issue-2624	304	5	emerging	emerge	VERB
issue-2624	304	6	balkan	balkan	ADJ
issue-2624	304	7	markets	market	NOUN
issue-2624	304	8	.	.	PUNCT
issue-2624	305	1	research	research	NOUN
issue-2624	305	2	in	in	ADP
issue-2624	305	3	international	international	ADJ
issue-2624	305	4	business	business	NOUN
issue-2624	305	5	and	and	CCONJ
issue-2624	305	6	finance	finance	NOUN
issue-2624	305	7	,	,	PUNCT
issue-2624	305	8	25(3):296–307	25(3):296–307	NUM
issue-2624	305	9	.	.	PUNCT
issue-2624	306	1	lin	lin	PROPN
issue-2624	306	2	,	,	PUNCT
issue-2624	306	3	m.	m.	NOUN
issue-2624	306	4	(	(	PUNCT
issue-2624	306	5	2005	2005	NUM
issue-2624	306	6	)	)	PUNCT
issue-2624	306	7	.	.	PUNCT
issue-2624	307	1	capital	capital	NOUN
issue-2624	307	2	market	market	NOUN
issue-2624	307	3	integration	integration	NOUN
issue-2624	307	4	and	and	CCONJ
issue-2624	307	5	market	market	NOUN
issue-2624	307	6	liberalization	liberalization	NOUN
issue-2624	307	7	in	in	ADP
issue-2624	307	8	asian	asian	ADJ
issue-2624	307	9	emerging	emerge	VERB
issue-2624	307	10	markets	market	NOUN
issue-2624	307	11	.	.	PUNCT
issue-2624	308	1	international	international	ADJ
issue-2624	308	2	journal	journal	PROPN
issue-2624	308	3	of	of	ADP
issue-2624	308	4	management	management	NOUN
issue-2624	308	5	,	,	PUNCT
issue-2624	308	6	22(2):249–265	22(2):249–265	PROPN
issue-2624	308	7	.	.	PUNCT
issue-2624	308	8	lintner	lintner	PROPN
issue-2624	308	9	,	,	PUNCT
issue-2624	308	10	j.	j.	PROPN
issue-2624	308	11	(	(	PUNCT
issue-2624	308	12	1965	1965	NUM
issue-2624	308	13	)	)	PUNCT
issue-2624	308	14	.	.	PUNCT
issue-2624	309	1	the	the	DET
issue-2624	309	2	valuation	valuation	NOUN
issue-2624	309	3	of	of	ADP
issue-2624	309	4	risky	risky	ADJ
issue-2624	309	5	assets	asset	NOUN
issue-2624	309	6	and	and	CCONJ
issue-2624	309	7	the	the	DET
issue-2624	309	8	selection	selection	NOUN
issue-2624	309	9	of	of	ADP
issue-2624	309	10	risky	risky	ADJ
issue-2624	309	11	investments	investment	NOUN
issue-2624	309	12	in	in	ADP
issue-2624	309	13	stock	stock	NOUN
issue-2624	309	14	portfolios	portfolio	NOUN
issue-2624	309	15	and	and	CCONJ
issue-2624	309	16	capital	capital	NOUN
issue-2624	309	17	budgets	budget	NOUN
issue-2624	309	18	.	.	PUNCT
issue-2624	310	1	review	review	NOUN
issue-2624	310	2	of	of	ADP
issue-2624	310	3	economics	economic	NOUN
issue-2624	310	4	and	and	CCONJ
issue-2624	310	5	statistics	statistic	NOUN
issue-2624	310	6	,	,	PUNCT
issue-2624	310	7	47(1):163–196	47(1):163–196	PROPN
issue-2624	310	8	.	.	PUNCT
issue-2624	311	1	maneschiöld	maneschiöld	PROPN
issue-2624	311	2	,	,	PUNCT
issue-2624	311	3	p.	p.	NOUN
issue-2624	311	4	o.	o.	NOUN
issue-2624	312	1	(	(	PUNCT
issue-2624	312	2	2006	2006	NUM
issue-2624	312	3	)	)	PUNCT
issue-2624	312	4	.	.	PUNCT
issue-2624	313	1	integration	integration	NOUN
issue-2624	313	2	between	between	ADP
issue-2624	313	3	the	the	DET
issue-2624	313	4	baltic	baltic	ADJ
issue-2624	313	5	and	and	CCONJ
issue-2624	313	6	international	international	ADJ
issue-2624	313	7	stock	stock	NOUN
issue-2624	313	8	markets	market	NOUN
issue-2624	313	9	.	.	PUNCT
issue-2624	314	1	emerging	emerge	VERB
issue-2624	314	2	markets	market	NOUN
issue-2624	314	3	finance	finance	NOUN
issue-2624	314	4	and	and	CCONJ
issue-2624	314	5	trade	trade	NOUN
issue-2624	314	6	,	,	PUNCT
issue-2624	314	7	42(6):25–45	42(6):25–45	NUM
issue-2624	314	8	.	.	PUNCT
issue-2624	315	1	morana	morana	PROPN
issue-2624	315	2	,	,	PUNCT
issue-2624	315	3	c.	c.	PROPN
issue-2624	315	4	,	,	PUNCT
issue-2624	315	5	&	&	CCONJ
issue-2624	315	6	beltratti	beltratti	PROPN
issue-2624	315	7	,	,	PUNCT
issue-2624	315	8	a.	a.	NOUN
issue-2624	315	9	(	(	PUNCT
issue-2624	315	10	2008	2008	NUM
issue-2624	315	11	)	)	PUNCT
issue-2624	315	12	.	.	PUNCT
issue-2624	316	1	comovements	comovement	NOUN
issue-2624	316	2	in	in	ADP
issue-2624	316	3	international	international	ADJ
issue-2624	316	4	stock	stock	NOUN
issue-2624	316	5	markets	market	NOUN
issue-2624	316	6	.	.	PUNCT
issue-2624	317	1	journal	journal	PROPN
issue-2624	317	2	of	of	ADP
issue-2624	317	3	international	international	ADJ
issue-2624	317	4	financial	financial	ADJ
issue-2624	317	5	markets	market	NOUN
issue-2624	317	6	,	,	PUNCT
issue-2624	317	7	institutions	institution	NOUN
issue-2624	317	8	&	&	CCONJ
issue-2624	317	9	money	money	NOUN
issue-2624	317	10	,	,	PUNCT
issue-2624	317	11	18(1):31–45	18(1):31–45	NUM
issue-2624	317	12	.	.	X
issue-2624	318	1	nasdaq	nasdaq	PROPN
issue-2624	318	2	(	(	PUNCT
issue-2624	318	3	2024	2024	NUM
issue-2624	318	4	)	)	PUNCT
issue-2624	318	5	.	.	PUNCT
issue-2624	319	1	equity	equity	NOUN
issue-2624	319	2	indexes	index	NOUN
issue-2624	319	3	.	.	PUNCT
issue-2624	320	1	available	available	ADJ
issue-2624	320	2	at	at	ADP
issue-2624	320	3	:	:	PUNCT
issue-2624	320	4	https://indexes.nasdaqomx.com/	https://indexes.nasdaqomx.com/	ADJ
issue-2624	320	5	pukthuanthong	pukthuanthong	NOUN
issue-2624	320	6	,	,	PUNCT
issue-2624	320	7	k.	k.	PROPN
issue-2624	320	8	,	,	PUNCT
issue-2624	320	9	&	&	CCONJ
issue-2624	320	10	roll	roll	PROPN
issue-2624	320	11	,	,	PUNCT
issue-2624	320	12	r.	r.	PROPN
issue-2624	320	13	(	(	PUNCT
issue-2624	320	14	2009	2009	NUM
issue-2624	320	15	)	)	PUNCT
issue-2624	320	16	.	.	PUNCT
issue-2624	321	1	global	global	ADJ
issue-2624	321	2	market	market	NOUN
issue-2624	321	3	integration	integration	NOUN
issue-2624	321	4	:	:	PUNCT
issue-2624	321	5	an	an	DET
issue-2624	321	6	alternative	alternative	ADJ
issue-2624	321	7	measure	measure	NOUN
issue-2624	321	8	and	and	CCONJ
issue-2624	321	9	its	its	PRON
issue-2624	321	10	application	application	NOUN
issue-2624	321	11	.	.	PUNCT
issue-2624	322	1	journal	journal	NOUN
issue-2624	322	2	of	of	ADP
issue-2624	322	3	financial	financial	ADJ
issue-2624	322	4	economics	economic	NOUN
issue-2624	322	5	,	,	PUNCT
issue-2624	322	6	94(2):214–232	94(2):214–232	PROPN
issue-2624	322	7	.	.	PUNCT
issue-2624	322	8	ross	ross	PROPN
issue-2624	322	9	,	,	PUNCT
issue-2624	322	10	s.	s.	PROPN
issue-2624	322	11	a.	a.	PROPN
issue-2624	322	12	(	(	PUNCT
issue-2624	322	13	1976	1976	NUM
issue-2624	322	14	)	)	PUNCT
issue-2624	322	15	.	.	PUNCT
issue-2624	323	1	the	the	DET
issue-2624	323	2	arbitrage	arbitrage	NOUN
issue-2624	323	3	theory	theory	NOUN
issue-2624	323	4	of	of	ADP
issue-2624	323	5	capital	capital	NOUN
issue-2624	323	6	asset	asset	NOUN
issue-2624	323	7	pricing	pricing	NOUN
issue-2624	323	8	.	.	PUNCT
issue-2624	324	1	journal	journal	NOUN
issue-2624	324	2	of	of	ADP
issue-2624	324	3	economic	economic	ADJ
issue-2624	324	4	theory	theory	NOUN
issue-2624	324	5	,	,	PUNCT
issue-2624	324	6	13(3):341–360	13(3):341–360	PROPN
issue-2624	324	7	.	.	PUNCT
issue-2624	324	8	sharpe	sharpe	PROPN
issue-2624	324	9	,	,	PUNCT
issue-2624	324	10	w.	w.	PROPN
issue-2624	324	11	f.	f.	PROPN
issue-2624	324	12	(	(	PUNCT
issue-2624	324	13	1964	1964	NUM
issue-2624	324	14	)	)	PUNCT
issue-2624	324	15	.	.	PUNCT
issue-2624	325	1	capital	capital	NOUN
issue-2624	325	2	asset	asset	NOUN
issue-2624	325	3	prices	price	NOUN
issue-2624	325	4	:	:	PUNCT
issue-2624	325	5	a	a	DET
issue-2624	325	6	theory	theory	NOUN
issue-2624	325	7	of	of	ADP
issue-2624	325	8	market	market	NOUN
issue-2624	325	9	equilibrium	equilibrium	NOUN
issue-2624	325	10	under	under	ADP
issue-2624	325	11	conditions	condition	NOUN
issue-2624	325	12	of	of	ADP
issue-2624	325	13	risk	risk	NOUN
issue-2624	325	14	.	.	PUNCT
issue-2624	326	1	journal	journal	NOUN
issue-2624	326	2	of	of	ADP
issue-2624	326	3	finance	finance	NOUN
issue-2624	326	4	,	,	PUNCT
issue-2624	326	5	19(3):425–442	19(3):425–442	PROPN
issue-2624	326	6	.	.	PUNCT
issue-2624	327	1	stasiukonytė	stasiukonytė	NOUN
issue-2624	327	2	,	,	PUNCT
issue-2624	327	3	j.	j.	PROPN
issue-2624	327	4	,	,	PUNCT
issue-2624	327	5	&	&	CCONJ
issue-2624	327	6	vasiliauskaitė	vasiliauskaitė	PROPN
issue-2624	327	7	,	,	PUNCT
issue-2624	327	8	a.	a.	NOUN
issue-2624	327	9	(	(	PUNCT
issue-2624	327	10	2008	2008	NUM
issue-2624	327	11	)	)	PUNCT
issue-2624	327	12	.	.	PUNCT
issue-2624	328	1	nature	nature	NOUN
issue-2624	328	2	of	of	ADP
issue-2624	328	3	baltic	baltic	ADJ
issue-2624	328	4	and	and	CCONJ
issue-2624	328	5	scandinavian	scandinavian	ADJ
issue-2624	328	6	stock	stock	NOUN
issue-2624	328	7	markets	market	NOUN
issue-2624	328	8	’	'	PUNCT
issue-2624	328	9	integration	integration	NOUN
issue-2624	328	10	process	process	NOUN
issue-2624	328	11	.	.	PUNCT
issue-2624	329	1	economics	economic	NOUN
issue-2624	329	2	&	&	CCONJ
issue-2624	329	3	management	management	PROPN
issue-2624	329	4	.	.	PUNCT
issue-2624	330	1	stulga	stulga	ADJ
issue-2624	330	2	,	,	PUNCT
issue-2624	330	3	š	š	PROPN
issue-2624	330	4	.	.	PUNCT
issue-2624	330	5	(	(	PUNCT
issue-2624	330	6	2019	2019	NUM
issue-2624	330	7	)	)	PUNCT
issue-2624	330	8	.	.	PUNCT
issue-2624	331	1	baltic	baltic	PROPN
issue-2624	331	2	stock	stock	NOUN
issue-2624	331	3	market	market	NOUN
issue-2624	331	4	integration	integration	NOUN
issue-2624	331	5	.	.	PUNCT
issue-2624	332	1	master	master	NOUN
issue-2624	332	2	’s	’s	PART
issue-2624	332	3	thesis	thesis	NOUN
issue-2624	332	4	submitted	submit	VERB
issue-2624	332	5	to	to	ADP
issue-2624	332	6	faculty	faculty	NOUN
issue-2624	332	7	of	of	ADP
issue-2624	332	8	social	social	ADJ
issue-2624	332	9	sciences	science	NOUN
issue-2624	332	10	,	,	PUNCT
issue-2624	332	11	charles	charles	PROPN
issue-2624	332	12	university	university	PROPN
issue-2624	332	13	.	.	PUNCT
issue-2624	333	1	baltic	baltic	PROPN
issue-2624	333	2	journal	journal	PROPN
issue-2624	333	3	of	of	ADP
issue-2624	333	4	economic	economic	ADJ
issue-2624	333	5	studies	study	NOUN
issue-2624	333	6	30	30	NUM
issue-2624	333	7	vol	vol	NOUN
issue-2624	333	8	.	.	PUNCT
issue-2624	334	1	10	10	NUM
issue-2624	334	2	no	no	NOUN
issue-2624	334	3	.	.	NOUN
issue-2624	335	1	5	5	NUM
issue-2624	335	2	,	,	PUNCT
issue-2624	335	3	2024	2024	NUM
issue-2624	335	4	syllignakis	syllignaki	NOUN
issue-2624	335	5	,	,	PUNCT
issue-2624	335	6	m.	m.	NOUN
issue-2624	335	7	n.	n.	PROPN
issue-2624	335	8	,	,	PUNCT
issue-2624	335	9	&	&	CCONJ
issue-2624	335	10	kouretas	kouretas	PROPN
issue-2624	335	11	,	,	PUNCT
issue-2624	336	1	g.	g.	PROPN
issue-2624	336	2	p.	p.	PROPN
issue-2624	336	3	(	(	PUNCT
issue-2624	336	4	2011	2011	NUM
issue-2624	336	5	)	)	PUNCT
issue-2624	336	6	.	.	PUNCT
issue-2624	337	1	dynamic	dynamic	ADJ
issue-2624	337	2	correlation	correlation	NOUN
issue-2624	337	3	analysis	analysis	NOUN
issue-2624	337	4	of	of	ADP
issue-2624	337	5	financial	financial	ADJ
issue-2624	337	6	contagion	contagion	NOUN
issue-2624	337	7	:	:	PUNCT
issue-2624	337	8	evidence	evidence	NOUN
issue-2624	337	9	from	from	ADP
issue-2624	337	10	the	the	DET
issue-2624	337	11	central	central	ADJ
issue-2624	337	12	and	and	CCONJ
issue-2624	337	13	eastern	eastern	ADJ
issue-2624	337	14	european	european	ADJ
issue-2624	337	15	markets	market	NOUN
issue-2624	337	16	.	.	PUNCT
issue-2624	338	1	international	international	ADJ
issue-2624	338	2	review	review	NOUN
issue-2624	338	3	of	of	ADP
issue-2624	338	4	economics	economics	PROPN
issue-2624	338	5	&	&	CCONJ
issue-2624	338	6	finance	finance	PROPN
issue-2624	338	7	,	,	PUNCT
issue-2624	338	8	20(4):717–732	20(4):717–732	PROPN
issue-2624	338	9	.	.	PROPN
issue-2624	338	10	united	united	PROPN
issue-2624	338	11	nations	nations	PROPN
issue-2624	338	12	development	development	PROPN
issue-2624	338	13	programme	programme	PROPN
issue-2624	338	14	(	(	PUNCT
issue-2624	338	15	2024	2024	NUM
issue-2624	338	16	)	)	PUNCT
issue-2624	338	17	undp	undp	PROPN
issue-2624	338	18	human	human	PROPN
issue-2624	338	19	development	development	PROPN
issue-2624	338	20	index	index	PROPN
issue-2624	338	21	.	.	PUNCT
issue-2624	339	1	available	available	ADJ
issue-2624	339	2	at	at	ADP
issue-2624	339	3	:	:	PUNCT
issue-2624	339	4	https://hdr.undp.org/data-center/human-development-index#/indicies/hdi	https://hdr.undp.org/data-center/human-development-index#/indicies/hdi	NOUN
issue-2624	339	5	vanags	vanag	NOUN
issue-2624	339	6	,	,	PUNCT
issue-2624	339	7	a.	a.	NOUN
issue-2624	339	8	(	(	PUNCT
issue-2624	339	9	2011	2011	NUM
issue-2624	339	10	)	)	PUNCT
issue-2624	339	11	.	.	PUNCT
issue-2624	340	1	economic	economic	ADJ
issue-2624	340	2	integration	integration	NOUN
issue-2624	340	3	and	and	CCONJ
issue-2624	340	4	cohesion	cohesion	NOUN
issue-2624	340	5	in	in	ADP
issue-2624	340	6	the	the	DET
issue-2624	340	7	baltic	baltic	PROPN
issue-2624	340	8	sea	sea	PROPN
issue-2624	340	9	region	region	NOUN
issue-2624	340	10	:	:	PUNCT
issue-2624	340	11	a	a	DET
issue-2624	340	12	critical	critical	ADJ
issue-2624	340	13	perspective	perspective	NOUN
issue-2624	340	14	from	from	ADP
issue-2624	340	15	the	the	DET
issue-2624	340	16	baltic	baltic	ADJ
issue-2624	340	17	states	state	NOUN
issue-2624	340	18	.	.	PUNCT
issue-2624	341	1	journal	journal	PROPN
issue-2624	341	2	of	of	ADP
issue-2624	341	3	baltic	baltic	ADJ
issue-2624	341	4	studies	study	NOUN
issue-2624	341	5	,	,	PUNCT
issue-2624	341	6	42(1):91–102	42(1):91–102	NUM
issue-2624	341	7	.	.	PUNCT
issue-2624	342	1	world	world	PROPN
issue-2624	342	2	bank	bank	PROPN
issue-2624	342	3	(	(	PUNCT
issue-2624	342	4	2024	2024	NUM
issue-2624	342	5	)	)	PUNCT
issue-2624	342	6	world	world	NOUN
issue-2624	342	7	bank	bank	PROPN
issue-2624	342	8	open	open	ADJ
issue-2624	342	9	data	datum	NOUN
issue-2624	342	10	.	.	PUNCT
issue-2624	343	1	available	available	ADJ
issue-2624	343	2	at	at	ADP
issue-2624	343	3	https://data.worldbank.org/	https://data.worldbank.org/	ADV
issue-2624	343	4	received	receive	VERB
issue-2624	343	5	on	on	ADP
issue-2624	343	6	:	:	PUNCT
issue-2624	343	7	09th	09th	ADJ
issue-2624	343	8	of	of	ADP
issue-2624	343	9	october	october	PROPN
issue-2624	343	10	,	,	PUNCT
issue-2624	343	11	2024	2024	NUM
issue-2624	343	12	accepted	accept	VERB
issue-2624	343	13	on	on	ADP
issue-2624	343	14	:	:	PUNCT
issue-2624	343	15	24th	24th	NOUN
issue-2624	343	16	of	of	ADP
issue-2624	343	17	november	november	PROPN
issue-2624	343	18	,	,	PUNCT
issue-2624	343	19	2024	2024	NUM
issue-2624	343	20	published	publish	VERB
issue-2624	343	21	on	on	ADP
issue-2624	343	22	:	:	PUNCT
issue-2624	343	23	30th	30th	NOUN
issue-2624	343	24	of	of	ADP
issue-2624	343	25	december	december	PROPN
issue-2624	343	26	,	,	PUNCT
issue-2624	343	27	2024	2024	NUM