id	sid	tid	token	lemma	pos
cjal-3363	1	1	1	1	NUM
cjal-3363	1	2	state	state	NOUN
cjal-3363	1	3	ownership	ownership	NOUN
cjal-3363	1	4	and	and	CCONJ
cjal-3363	1	5	regulatory	regulatory	ADJ
cjal-3363	1	6	costs	cost	NOUN
cjal-3363	1	7	:	:	PUNCT
cjal-3363	1	8	a	a	DET
cjal-3363	1	9	law	law	NOUN
cjal-3363	1	10	and	and	CCONJ
cjal-3363	1	11	economic	economic	ADJ
cjal-3363	1	12	explanation	explanation	NOUN
cjal-3363	1	13	for	for	ADP
cjal-3363	1	14	the	the	DET
cjal-3363	1	15	prevalence	prevalence	NOUN
cjal-3363	1	16	of	of	ADP
cjal-3363	1	17	state	state	NOUN
cjal-3363	1	18	-	-	PUNCT
cjal-3363	1	19	owned	own	VERB
cjal-3363	1	20	enterprises	enterprise	NOUN
cjal-3363	1	21	in	in	ADP
cjal-3363	1	22	china	china	PROPN
cjal-3363	1	23	james	james	PROPN
cjal-3363	1	24	si	si	PROPN
cjal-3363	1	25	zeng	zeng	PROPN
cjal-3363	1	26	*	*	PROPN
cjal-3363	1	27	despite	despite	SCONJ
cjal-3363	1	28	china	china	PROPN
cjal-3363	1	29	’s	’s	PART
cjal-3363	1	30	effort	effort	NOUN
cjal-3363	1	31	to	to	PART
cjal-3363	1	32	privatize	privatize	VERB
cjal-3363	1	33	many	many	ADJ
cjal-3363	1	34	state	state	NOUN
cjal-3363	1	35	-	-	PUNCT
cjal-3363	1	36	owned	own	VERB
cjal-3363	1	37	enterprises	enterprise	NOUN
cjal-3363	1	38	(	(	PUNCT
cjal-3363	1	39	soes	soe	NOUN
cjal-3363	1	40	)	)	PUNCT
cjal-3363	1	41	after	after	ADP
cjal-3363	1	42	1978	1978	NUM
cjal-3363	1	43	,	,	PUNCT
cjal-3363	1	44	soes	soe	NOUN
cjal-3363	1	45	remain	remain	VERB
cjal-3363	1	46	a	a	DET
cjal-3363	1	47	prevalent	prevalent	ADJ
cjal-3363	1	48	type	type	NOUN
cjal-3363	1	49	of	of	ADP
cjal-3363	1	50	enterprise	enterprise	NOUN
cjal-3363	1	51	in	in	ADP
cjal-3363	1	52	contemporary	contemporary	PROPN
cjal-3363	1	53	china	china	PROPN
cjal-3363	1	54	.	.	PUNCT
cjal-3363	2	1	there	there	PRON
cjal-3363	2	2	is	be	VERB
cjal-3363	2	3	a	a	DET
cjal-3363	2	4	widespread	widespread	ADJ
cjal-3363	2	5	belief	belief	NOUN
cjal-3363	2	6	that	that	SCONJ
cjal-3363	2	7	they	they	PRON
cjal-3363	2	8	are	be	AUX
cjal-3363	2	9	inefficient	inefficient	ADJ
cjal-3363	2	10	and	and	CCONJ
cjal-3363	2	11	only	only	ADV
cjal-3363	2	12	exist	exist	VERB
cjal-3363	2	13	because	because	SCONJ
cjal-3363	2	14	they	they	PRON
cjal-3363	2	15	have	have	AUX
cjal-3363	2	16	captured	capture	VERB
cjal-3363	2	17	the	the	DET
cjal-3363	2	18	government	government	NOUN
cjal-3363	2	19	.	.	PUNCT
cjal-3363	3	1	this	this	DET
cjal-3363	3	2	belief	belief	NOUN
cjal-3363	3	3	,	,	PUNCT
cjal-3363	3	4	however	however	ADV
cjal-3363	3	5	,	,	PUNCT
cjal-3363	3	6	does	do	AUX
cjal-3363	3	7	not	not	PART
cjal-3363	3	8	fully	fully	ADV
cjal-3363	3	9	explain	explain	VERB
cjal-3363	3	10	why	why	SCONJ
cjal-3363	3	11	soes	soe	NOUN
cjal-3363	3	12	have	have	AUX
cjal-3363	3	13	been	be	AUX
cjal-3363	3	14	privatized	privatize	VERB
cjal-3363	3	15	in	in	ADP
cjal-3363	3	16	some	some	DET
cjal-3363	3	17	sectors	sector	NOUN
cjal-3363	3	18	but	but	CCONJ
cjal-3363	3	19	not	not	PART
cjal-3363	3	20	in	in	ADP
cjal-3363	3	21	others	other	NOUN
cjal-3363	3	22	.	.	PUNCT
cjal-3363	4	1	this	this	DET
cjal-3363	4	2	article	article	NOUN
cjal-3363	4	3	provides	provide	VERB
cjal-3363	4	4	an	an	DET
cjal-3363	4	5	efficiency	efficiency	NOUN
cjal-3363	4	6	explanation	explanation	NOUN
cjal-3363	4	7	of	of	ADP
cjal-3363	4	8	soes	soe	NOUN
cjal-3363	4	9	in	in	ADP
cjal-3363	4	10	china	china	PROPN
cjal-3363	4	11	.	.	PUNCT
cjal-3363	5	1	applying	apply	VERB
cjal-3363	5	2	the	the	DET
cjal-3363	5	3	law	law	NOUN
cjal-3363	5	4	and	and	CCONJ
cjal-3363	5	5	economic	economic	ADJ
cjal-3363	5	6	theory	theory	NOUN
cjal-3363	5	7	on	on	ADP
cjal-3363	5	8	the	the	DET
cjal-3363	5	9	ownership	ownership	NOUN
cjal-3363	5	10	of	of	ADP
cjal-3363	5	11	enterprise	enterprise	NOUN
cjal-3363	5	12	to	to	ADP
cjal-3363	5	13	state	state	NOUN
cjal-3363	5	14	ownership	ownership	NOUN
cjal-3363	5	15	,	,	PUNCT
cjal-3363	5	16	this	this	DET
cjal-3363	5	17	article	article	NOUN
cjal-3363	5	18	conceptualizes	conceptualize	VERB
cjal-3363	5	19	the	the	DET
cjal-3363	5	20	efficiency	efficiency	NOUN
cjal-3363	5	21	of	of	ADP
cjal-3363	5	22	soes	soe	NOUN
cjal-3363	5	23	as	as	ADP
cjal-3363	5	24	a	a	DET
cjal-3363	5	25	tradeoff	tradeoff	NOUN
cjal-3363	5	26	between	between	ADP
cjal-3363	5	27	two	two	NUM
cjal-3363	5	28	social	social	ADJ
cjal-3363	5	29	costs	cost	NOUN
cjal-3363	5	30	:	:	PUNCT
cjal-3363	5	31	ownership	ownership	NOUN
cjal-3363	5	32	costs	cost	NOUN
cjal-3363	5	33	and	and	CCONJ
cjal-3363	5	34	regulatory	regulatory	ADJ
cjal-3363	5	35	costs	cost	NOUN
cjal-3363	5	36	.	.	PUNCT
cjal-3363	6	1	soes	soe	NOUN
cjal-3363	6	2	generally	generally	ADV
cjal-3363	6	3	have	have	VERB
cjal-3363	6	4	high	high	ADJ
cjal-3363	6	5	ownership	ownership	NOUN
cjal-3363	6	6	costs	cost	NOUN
cjal-3363	6	7	and	and	CCONJ
cjal-3363	6	8	thus	thus	ADV
cjal-3363	6	9	are	be	AUX
cjal-3363	6	10	not	not	PART
cjal-3363	6	11	common	common	ADJ
cjal-3363	6	12	in	in	ADP
cjal-3363	6	13	many	many	ADJ
cjal-3363	6	14	developed	develop	VERB
cjal-3363	6	15	countries	country	NOUN
cjal-3363	6	16	.	.	PUNCT
cjal-3363	7	1	however	however	ADV
cjal-3363	7	2	,	,	PUNCT
cjal-3363	7	3	in	in	ADP
cjal-3363	7	4	developing	develop	VERB
cjal-3363	7	5	countries	country	NOUN
cjal-3363	7	6	with	with	ADP
cjal-3363	7	7	weak	weak	ADJ
cjal-3363	7	8	regulatory	regulatory	ADJ
cjal-3363	7	9	capacity	capacity	NOUN
cjal-3363	7	10	and	and	CCONJ
cjal-3363	7	11	legal	legal	ADJ
cjal-3363	7	12	institutions	institution	NOUN
cjal-3363	7	13	,	,	PUNCT
cjal-3363	7	14	they	they	PRON
cjal-3363	7	15	may	may	AUX
cjal-3363	7	16	help	help	VERB
cjal-3363	7	17	reduce	reduce	VERB
cjal-3363	7	18	regulatory	regulatory	ADJ
cjal-3363	7	19	costs	cost	NOUN
cjal-3363	7	20	,	,	PUNCT
cjal-3363	7	21	including	include	VERB
cjal-3363	7	22	the	the	DET
cjal-3363	7	23	social	social	ADJ
cjal-3363	7	24	costs	cost	NOUN
cjal-3363	7	25	associated	associate	VERB
cjal-3363	7	26	with	with	ADP
cjal-3363	7	27	the	the	DET
cjal-3363	7	28	enactment	enactment	NOUN
cjal-3363	7	29	,	,	PUNCT
cjal-3363	7	30	alteration	alteration	NOUN
cjal-3363	7	31	,	,	PUNCT
cjal-3363	7	32	and	and	CCONJ
cjal-3363	7	33	enforcement	enforcement	NOUN
cjal-3363	7	34	of	of	ADP
cjal-3363	7	35	regulatory	regulatory	ADJ
cjal-3363	7	36	rules	rule	NOUN
cjal-3363	7	37	,	,	PUNCT
cjal-3363	7	38	and	and	CCONJ
cjal-3363	7	39	those	those	DET
cjal-3363	7	40	costs	cost	NOUN
cjal-3363	7	41	resulting	result	VERB
cjal-3363	7	42	from	from	ADP
cjal-3363	7	43	the	the	DET
cjal-3363	7	44	failure	failure	NOUN
cjal-3363	7	45	to	to	PART
cjal-3363	7	46	regulate	regulate	VERB
cjal-3363	7	47	enterprises	enterprise	NOUN
cjal-3363	7	48	adequately	adequately	ADV
cjal-3363	7	49	.	.	PUNCT
cjal-3363	8	1	the	the	DET
cjal-3363	8	2	magnitude	magnitude	NOUN
cjal-3363	8	3	of	of	ADP
cjal-3363	8	4	regulatory	regulatory	ADJ
cjal-3363	8	5	costs	cost	NOUN
cjal-3363	8	6	in	in	ADP
cjal-3363	8	7	a	a	DET
cjal-3363	8	8	specific	specific	ADJ
cjal-3363	8	9	country	country	NOUN
cjal-3363	8	10	and	and	CCONJ
cjal-3363	8	11	industry	industry	NOUN
cjal-3363	8	12	,	,	PUNCT
cjal-3363	8	13	in	in	ADP
cjal-3363	8	14	turn	turn	NOUN
cjal-3363	8	15	,	,	PUNCT
cjal-3363	8	16	is	be	AUX
cjal-3363	8	17	significantly	significantly	ADV
cjal-3363	8	18	influenced	influence	VERB
cjal-3363	8	19	by	by	ADP
cjal-3363	8	20	the	the	DET
cjal-3363	8	21	regulatory	regulatory	ADJ
cjal-3363	8	22	institutions	institution	NOUN
cjal-3363	8	23	within	within	ADP
cjal-3363	8	24	which	which	PRON
cjal-3363	8	25	the	the	DET
cjal-3363	8	26	enterprises	enterprise	NOUN
cjal-3363	8	27	operate	operate	VERB
cjal-3363	8	28	.	.	PUNCT
cjal-3363	9	1	an	an	DET
cjal-3363	9	2	important	important	ADJ
cjal-3363	9	3	implication	implication	NOUN
cjal-3363	9	4	is	be	AUX
cjal-3363	9	5	that	that	SCONJ
cjal-3363	9	6	refining	refine	VERB
cjal-3363	9	7	regulatory	regulatory	ADJ
cjal-3363	9	8	regimes	regime	NOUN
cjal-3363	9	9	may	may	AUX
cjal-3363	9	10	reduce	reduce	VERB
cjal-3363	9	11	regulatory	regulatory	ADJ
cjal-3363	9	12	costs	cost	NOUN
cjal-3363	9	13	and	and	CCONJ
cjal-3363	9	14	–	–	PUNCT
cjal-3363	9	15	in	in	ADP
cjal-3363	9	16	part	part	NOUN
cjal-3363	9	17	by	by	ADP
cjal-3363	9	18	facilitating	facilitate	VERB
cjal-3363	9	19	privatization	privatization	NOUN
cjal-3363	9	20	of	of	ADP
cjal-3363	9	21	soes	soe	NOUN
cjal-3363	9	22	–	–	PUNCT
cjal-3363	9	23	enhance	enhance	VERB
cjal-3363	9	24	social	social	ADJ
cjal-3363	9	25	efficiency	efficiency	NOUN
cjal-3363	9	26	.	.	PUNCT
cjal-3363	10	1	introduction	introduction	NOUN
cjal-3363	10	2	.................................................................................................................................	.................................................................................................................................	NUM
cjal-3363	10	3	2	2	NUM
cjal-3363	10	4	i.	i.	NOUN
cjal-3363	10	5	a	a	DET
cjal-3363	10	6	theoretical	theoretical	ADJ
cjal-3363	10	7	framework	framework	NOUN
cjal-3363	10	8	:	:	PUNCT
cjal-3363	10	9	ownership	ownership	NOUN
cjal-3363	10	10	costs	cost	NOUN
cjal-3363	10	11	and	and	CCONJ
cjal-3363	10	12	regulatory	regulatory	ADJ
cjal-3363	10	13	costs	cost	NOUN
cjal-3363	10	14	...........................	...........................	PUNCT
cjal-3363	10	15	9	9	NUM
cjal-3363	10	16	a.	a.	NOUN
cjal-3363	10	17	ownership	ownership	NOUN
cjal-3363	10	18	costs	cost	NOUN
cjal-3363	10	19	...................................................................................................................	...................................................................................................................	NUM
cjal-3363	10	20	9	9	NUM
cjal-3363	10	21	b.	b.	PROPN
cjal-3363	10	22	regulatory	regulatory	ADJ
cjal-3363	10	23	costs	cost	NOUN
cjal-3363	10	24	.................................................................................................................	.................................................................................................................	PROPN
cjal-3363	10	25	10	10	NUM
cjal-3363	10	26	c.	c.	NOUN
cjal-3363	10	27	ownership	ownership	NOUN
cjal-3363	10	28	and	and	CCONJ
cjal-3363	10	29	regulatory	regulatory	ADJ
cjal-3363	10	30	costs	cost	NOUN
cjal-3363	10	31	:	:	PUNCT
cjal-3363	10	32	a	a	DET
cjal-3363	10	33	framework	framework	NOUN
cjal-3363	10	34	for	for	ADP
cjal-3363	10	35	analyzing	analyze	VERB
cjal-3363	10	36	state	state	NOUN
cjal-3363	10	37	ownership	ownership	NOUN
cjal-3363	10	38	............	............	PUNCT
cjal-3363	10	39	17	17	NUM
cjal-3363	10	40	ii	ii	NOUN
cjal-3363	10	41	.	.	PUNCT
cjal-3363	11	1	explaining	explain	VERB
cjal-3363	11	2	the	the	DET
cjal-3363	11	3	prevalence	prevalence	NOUN
cjal-3363	11	4	of	of	ADP
cjal-3363	11	5	soes	soe	NOUN
cjal-3363	11	6	in	in	ADP
cjal-3363	11	7	regulated	regulated	ADJ
cjal-3363	11	8	industries	industry	NOUN
cjal-3363	11	9	in	in	ADP
cjal-3363	11	10	china	china	PROPN
cjal-3363	11	11	........................	........................	PUNCT
cjal-3363	11	12	18	18	NUM
cjal-3363	11	13	a.	a.	NOUN
cjal-3363	11	14	an	an	DET
cjal-3363	11	15	overview	overview	NOUN
cjal-3363	11	16	of	of	ADP
cjal-3363	11	17	soes	soe	NOUN
cjal-3363	11	18	in	in	ADP
cjal-3363	11	19	major	major	ADJ
cjal-3363	11	20	sectors	sector	NOUN
cjal-3363	11	21	.............................................................................	.............................................................................	PUNCT
cjal-3363	11	22	19	19	NUM
cjal-3363	11	23	*	*	NOUN
cjal-3363	11	24	assistant	assistant	NOUN
cjal-3363	11	25	professor	professor	NOUN
cjal-3363	11	26	,	,	PUNCT
cjal-3363	11	27	chinese	chinese	ADJ
cjal-3363	11	28	university	university	PROPN
cjal-3363	11	29	of	of	ADP
cjal-3363	11	30	hong	hong	PROPN
cjal-3363	11	31	kong	kong	PROPN
cjal-3363	11	32	;	;	PUNCT
cjal-3363	11	33	j.s.d	j.s.d	PROPN
cjal-3363	11	34	.	.	PROPN
cjal-3363	11	35	,	,	PUNCT
cjal-3363	11	36	yale	yale	PROPN
cjal-3363	11	37	law	law	PROPN
cjal-3363	11	38	school	school	NOUN
cjal-3363	11	39	,	,	PUNCT
cjal-3363	11	40	contact	contact	NOUN
cjal-3363	11	41	:	:	PUNCT
cjal-3363	11	42	jamessizeng@cuhk.edu.hk	jamessizeng@cuhk.edu.hk	ADV
cjal-3363	11	43	.	.	PUNCT
cjal-3363	12	1	i	i	PRON
cjal-3363	12	2	would	would	AUX
cjal-3363	12	3	like	like	VERB
cjal-3363	12	4	to	to	PART
cjal-3363	12	5	express	express	VERB
cjal-3363	12	6	my	my	PRON
cjal-3363	12	7	sincere	sincere	ADJ
cjal-3363	12	8	gratitude	gratitude	NOUN
cjal-3363	12	9	to	to	ADP
cjal-3363	12	10	professor	professor	PROPN
cjal-3363	12	11	henry	henry	PROPN
cjal-3363	12	12	hansmann	hansmann	PROPN
cjal-3363	12	13	for	for	ADP
cjal-3363	12	14	his	his	PRON
cjal-3363	12	15	guidance	guidance	NOUN
cjal-3363	12	16	,	,	PUNCT
cjal-3363	12	17	without	without	ADP
cjal-3363	12	18	whom	whom	PRON
cjal-3363	12	19	this	this	DET
cjal-3363	12	20	project	project	NOUN
cjal-3363	12	21	would	would	AUX
cjal-3363	12	22	have	have	AUX
cjal-3363	12	23	been	be	AUX
cjal-3363	12	24	impossible	impossible	ADJ
cjal-3363	12	25	.	.	PUNCT
cjal-3363	13	1	for	for	ADP
cjal-3363	13	2	insightful	insightful	ADJ
cjal-3363	13	3	comments	comment	NOUN
cjal-3363	13	4	and	and	CCONJ
cjal-3363	13	5	suggestions	suggestion	NOUN
cjal-3363	13	6	,	,	PUNCT
cjal-3363	13	7	i	i	PRON
cjal-3363	13	8	am	be	AUX
cjal-3363	13	9	grateful	grateful	ADJ
cjal-3363	13	10	to	to	ADP
cjal-3363	13	11	professors	professor	NOUN
cjal-3363	13	12	ian	ian	PROPN
cjal-3363	13	13	ayres	ayres	PROPN
cjal-3363	13	14	,	,	PUNCT
cjal-3363	13	15	donald	donald	PROPN
cjal-3363	13	16	clarke	clarke	PROPN
cjal-3363	13	17	,	,	PUNCT
cjal-3363	13	18	christine	christine	PROPN
cjal-3363	13	19	jolls	jolls	PROPN
cjal-3363	13	20	,	,	PUNCT
cjal-3363	13	21	alvin	alvin	PROPN
cjal-3363	13	22	klevorick	klevorick	PROPN
cjal-3363	13	23	,	,	PUNCT
cjal-3363	13	24	yair	yair	PROPN
cjal-3363	13	25	listokin	listokin	PROPN
cjal-3363	13	26	,	,	PUNCT
cjal-3363	13	27	susan	susan	PROPN
cjal-3363	13	28	roseackerman	roseackerman	PROPN
cjal-3363	13	29	,	,	PUNCT
cjal-3363	13	30	and	and	CCONJ
cjal-3363	13	31	taisu	taisu	PROPN
cjal-3363	13	32	zhang	zhang	PROPN
cjal-3363	13	33	.	.	PUNCT
cjal-3363	14	1	i	i	PRON
cjal-3363	14	2	would	would	AUX
cjal-3363	14	3	especially	especially	ADV
cjal-3363	14	4	like	like	VERB
cjal-3363	14	5	to	to	PART
cjal-3363	14	6	thank	thank	VERB
cjal-3363	14	7	professor	professor	PROPN
cjal-3363	14	8	curtis	curtis	PROPN
cjal-3363	14	9	milhaupt	milhaupt	PROPN
cjal-3363	14	10	for	for	ADP
cjal-3363	14	11	reading	read	VERB
cjal-3363	14	12	through	through	ADP
cjal-3363	14	13	an	an	DET
cjal-3363	14	14	earlier	early	ADJ
cjal-3363	14	15	draft	draft	NOUN
cjal-3363	14	16	and	and	CCONJ
cjal-3363	14	17	providing	provide	VERB
cjal-3363	14	18	suggestions	suggestion	NOUN
cjal-3363	14	19	that	that	PRON
cjal-3363	14	20	significantly	significantly	ADV
cjal-3363	14	21	improved	improve	VERB
cjal-3363	14	22	this	this	DET
cjal-3363	14	23	article	article	NOUN
cjal-3363	14	24	.	.	PUNCT
cjal-3363	15	1	for	for	ADP
cjal-3363	15	2	helpful	helpful	ADJ
cjal-3363	15	3	discussions	discussion	NOUN
cjal-3363	15	4	,	,	PUNCT
cjal-3363	15	5	i	i	PRON
cjal-3363	15	6	thank	thank	VERB
cjal-3363	15	7	boli	boli	PROPN
cjal-3363	15	8	chen	chen	PROPN
cjal-3363	15	9	,	,	PUNCT
cjal-3363	15	10	jingwen	jingwen	PROPN
cjal-3363	15	11	han	han	PROPN
cjal-3363	15	12	,	,	PUNCT
cjal-3363	15	13	xu	xu	PROPN
cjal-3363	15	14	pang	pang	PROPN
cjal-3363	15	15	,	,	PUNCT
cjal-3363	15	16	zhiang	zhiang	PROPN
cjal-3363	15	17	(	(	PUNCT
cjal-3363	15	18	sean	sean	PROPN
cjal-3363	15	19	)	)	PUNCT
cjal-3363	15	20	song	song	NOUN
cjal-3363	15	21	,	,	PUNCT
cjal-3363	15	22	yun	yun	PROPN
cjal-3363	15	23	tang	tang	PROPN
cjal-3363	15	24	,	,	PUNCT
cjal-3363	15	25	yuan	yuan	PROPN
cjal-3363	15	26	tian	tian	PROPN
cjal-3363	15	27	,	,	PUNCT
cjal-3363	15	28	jingjian	jingjian	PROPN
cjal-3363	15	29	wu	wu	PROPN
cjal-3363	15	30	,	,	PUNCT
cjal-3363	15	31	youlin	youlin	PROPN
cjal-3363	15	32	yuan	yuan	PROPN
cjal-3363	15	33	and	and	CCONJ
cjal-3363	15	34	participants	participant	NOUN
cjal-3363	15	35	in	in	ADP
cjal-3363	15	36	the	the	DET
cjal-3363	15	37	2016	2016	NUM
cjal-3363	15	38	yale	yale	PROPN
cjal-3363	15	39	law	law	PROPN
cjal-3363	15	40	school	school	PROPN
cjal-3363	15	41	doctoral	doctoral	ADJ
cjal-3363	15	42	conference	conference	NOUN
cjal-3363	15	43	,	,	PUNCT
cjal-3363	15	44	the	the	DET
cjal-3363	15	45	1st	1st	ADJ
cjal-3363	15	46	annual	annual	ADJ
cjal-3363	15	47	conference	conference	NOUN
cjal-3363	15	48	on	on	ADP
cjal-3363	15	49	empirical	empirical	ADJ
cjal-3363	15	50	legal	legal	ADJ
cjal-3363	15	51	studies	study	NOUN
cjal-3363	15	52	in	in	ADP
cjal-3363	15	53	asia	asia	PROPN
cjal-3363	15	54	,	,	PUNCT
cjal-3363	15	55	and	and	CCONJ
cjal-3363	15	56	hong	hong	PROPN
cjal-3363	15	57	kong	kong	PROPN
cjal-3363	15	58	university	university	PROPN
cjal-3363	15	59	china	china	PROPN
cjal-3363	15	60	law	law	PROPN
cjal-3363	15	61	research	research	NOUN
cjal-3363	15	62	seminar	seminar	NOUN
cjal-3363	15	63	.	.	PUNCT
cjal-3363	16	1	last	last	ADJ
cjal-3363	16	2	but	but	CCONJ
cjal-3363	16	3	not	not	PART
cjal-3363	16	4	least	least	ADJ
cjal-3363	16	5	,	,	PUNCT
cjal-3363	16	6	i	i	PRON
cjal-3363	16	7	would	would	AUX
cjal-3363	16	8	like	like	VERB
cjal-3363	16	9	to	to	PART
cjal-3363	16	10	thank	thank	VERB
cjal-3363	16	11	yale	yale	PROPN
cjal-3363	16	12	law	law	PROPN
cjal-3363	16	13	school	school	NOUN
cjal-3363	16	14	oscar	oscar	NOUN
cjal-3363	16	15	m.	m.	NOUN
cjal-3363	16	16	reubhausen	reubhausen	PROPN
cjal-3363	16	17	fund	fund	PROPN
cjal-3363	16	18	for	for	ADP
cjal-3363	16	19	generous	generous	ADJ
cjal-3363	16	20	research	research	NOUN
cjal-3363	16	21	support	support	NOUN
cjal-3363	16	22	.	.	PUNCT
cjal-3363	17	1	columbia	columbia	PROPN
cjal-3363	17	2	journal	journal	PROPN
cjal-3363	17	3	of	of	ADP
cjal-3363	17	4	asian	asian	ADJ
cjal-3363	17	5	law	law	NOUN
cjal-3363	18	1	[	[	X
cjal-3363	18	2	vol	vol	NOUN
cjal-3363	18	3	.	.	PUNCT
cjal-3363	19	1	31:1	31:1	NUM
cjal-3363	19	2	2	2	NUM
cjal-3363	19	3	b.	b.	PROPN
cjal-3363	19	4	water	water	NOUN
cjal-3363	19	5	utilities	utility	NOUN
cjal-3363	19	6	.....................................................................................................................	.....................................................................................................................	PUNCT
cjal-3363	19	7	31	31	NUM
cjal-3363	19	8	c.	c.	PROPN
cjal-3363	19	9	insurance	insurance	PROPN
cjal-3363	19	10	............................................................................................................................	............................................................................................................................	PROPN
cjal-3363	20	1	53	53	NUM
cjal-3363	20	2	d.	d.	PROPN
cjal-3363	20	3	alternative	alternative	ADJ
cjal-3363	20	4	explanations	explanation	NOUN
cjal-3363	20	5	....................................................................................................	....................................................................................................	PUNCT
cjal-3363	20	6	62	62	NUM
cjal-3363	20	7	iii	iii	NOUN
cjal-3363	20	8	.	.	PUNCT
cjal-3363	21	1	implications	implication	NOUN
cjal-3363	21	2	...........................................................................................................................	...........................................................................................................................	PUNCT
cjal-3363	21	3	66	66	NUM
cjal-3363	21	4	a.	a.	NOUN
cjal-3363	21	5	improving	improve	VERB
cjal-3363	21	6	the	the	DET
cjal-3363	21	7	regulatory	regulatory	ADJ
cjal-3363	21	8	regime	regime	NOUN
cjal-3363	21	9	.....................................................................................	.....................................................................................	PUNCT
cjal-3363	21	10	66	66	NUM
cjal-3363	21	11	b.	b.	NOUN
cjal-3363	21	12	categorization	categorization	NOUN
cjal-3363	21	13	of	of	ADP
cjal-3363	21	14	soes	soe	NOUN
cjal-3363	21	15	and	and	CCONJ
cjal-3363	21	16	the	the	DET
cjal-3363	21	17	meaning	meaning	NOUN
cjal-3363	21	18	of	of	ADP
cjal-3363	21	19	strategic	strategic	ADJ
cjal-3363	21	20	and	and	CCONJ
cjal-3363	21	21	pillar	pillar	NOUN
cjal-3363	21	22	industries	industry	NOUN
cjal-3363	21	23	....................	....................	PUNCT
cjal-3363	21	24	69	69	NUM
cjal-3363	21	25	conclusion	conclusion	NOUN
cjal-3363	21	26	..................................................................................................................................	..................................................................................................................................	PROPN
cjal-3363	22	1	71	71	NUM
cjal-3363	22	2	introduction	introduction	NOUN
cjal-3363	22	3	there	there	PRON
cjal-3363	22	4	is	be	VERB
cjal-3363	22	5	a	a	DET
cjal-3363	22	6	widespread	widespread	ADJ
cjal-3363	22	7	belief	belief	NOUN
cjal-3363	22	8	that	that	SCONJ
cjal-3363	22	9	state	state	NOUN
cjal-3363	22	10	-	-	PUNCT
cjal-3363	22	11	owned	own	VERB
cjal-3363	22	12	enterprises	enterprise	NOUN
cjal-3363	22	13	(	(	PUNCT
cjal-3363	22	14	soes	soe	NOUN
cjal-3363	22	15	)	)	PUNCT
cjal-3363	22	16	are	be	AUX
cjal-3363	22	17	generally	generally	ADV
cjal-3363	22	18	inefficient	inefficient	ADJ
cjal-3363	22	19	,	,	PUNCT
cjal-3363	22	20	mainly	mainly	ADV
cjal-3363	22	21	because	because	SCONJ
cjal-3363	22	22	government	government	NOUN
cjal-3363	22	23	officials	official	NOUN
cjal-3363	22	24	lack	lack	VERB
cjal-3363	22	25	incentives	incentive	NOUN
cjal-3363	22	26	to	to	PART
cjal-3363	22	27	reduce	reduce	VERB
cjal-3363	22	28	costs	cost	NOUN
cjal-3363	22	29	and	and	CCONJ
cjal-3363	22	30	to	to	PART
cjal-3363	22	31	innovate.1	innovate.1	VERB
cjal-3363	22	32	despite	despite	SCONJ
cjal-3363	22	33	this	this	DET
cjal-3363	22	34	widely	widely	ADV
cjal-3363	22	35	held	hold	VERB
cjal-3363	22	36	view	view	NOUN
cjal-3363	22	37	,	,	PUNCT
cjal-3363	22	38	soes	soe	NOUN
cjal-3363	22	39	remain	remain	VERB
cjal-3363	22	40	a	a	DET
cjal-3363	22	41	common	common	ADJ
cjal-3363	22	42	type	type	NOUN
cjal-3363	22	43	of	of	ADP
cjal-3363	22	44	enterprise	enterprise	NOUN
cjal-3363	22	45	,	,	PUNCT
cjal-3363	22	46	especially	especially	ADV
cjal-3363	22	47	in	in	ADP
cjal-3363	22	48	developing	develop	VERB
cjal-3363	22	49	countries	country	NOUN
cjal-3363	22	50	such	such	ADJ
cjal-3363	22	51	as	as	ADP
cjal-3363	22	52	china.2	china.2	PROPN
cjal-3363	22	53	since	since	SCONJ
cjal-3363	22	54	1978	1978	NUM
cjal-3363	22	55	,	,	PUNCT
cjal-3363	22	56	china	china	PROPN
cjal-3363	22	57	has	have	AUX
cjal-3363	22	58	been	be	AUX
cjal-3363	22	59	trying	try	VERB
cjal-3363	22	60	to	to	PART
cjal-3363	22	61	transform	transform	VERB
cjal-3363	22	62	its	its	PRON
cjal-3363	22	63	centrally	centrally	ADV
cjal-3363	22	64	planned	plan	VERB
cjal-3363	22	65	economy	economy	NOUN
cjal-3363	22	66	into	into	ADP
cjal-3363	22	67	1	1	NUM
cjal-3363	22	68	most	most	ADV
cjal-3363	22	69	theoretical	theoretical	ADJ
cjal-3363	22	70	analyses	analysis	NOUN
cjal-3363	22	71	and	and	CCONJ
cjal-3363	22	72	empirical	empirical	ADJ
cjal-3363	22	73	evidence	evidence	NOUN
cjal-3363	22	74	suggest	suggest	VERB
cjal-3363	22	75	that	that	SCONJ
cjal-3363	22	76	soes	soe	NOUN
cjal-3363	22	77	have	have	VERB
cjal-3363	22	78	worse	bad	ADJ
cjal-3363	22	79	financial	financial	ADJ
cjal-3363	22	80	performance	performance	NOUN
cjal-3363	22	81	compared	compare	VERB
cjal-3363	22	82	with	with	ADP
cjal-3363	22	83	private	private	ADJ
cjal-3363	22	84	enterprises	enterprise	NOUN
cjal-3363	22	85	.	.	PUNCT
cjal-3363	23	1	as	as	ADP
cjal-3363	23	2	a	a	DET
cjal-3363	23	3	result	result	NOUN
cjal-3363	23	4	,	,	PUNCT
cjal-3363	23	5	privatizing	privatize	VERB
cjal-3363	23	6	them	they	PRON
cjal-3363	23	7	may	may	AUX
cjal-3363	23	8	promote	promote	VERB
cjal-3363	23	9	social	social	ADJ
cjal-3363	23	10	efficiency	efficiency	NOUN
cjal-3363	23	11	.	.	PUNCT
cjal-3363	24	1	the	the	DET
cjal-3363	24	2	world	world	PROPN
cjal-3363	24	3	bank	bank	PROPN
cjal-3363	24	4	published	publish	VERB
cjal-3363	24	5	an	an	DET
cjal-3363	24	6	influential	influential	ADJ
cjal-3363	24	7	report	report	NOUN
cjal-3363	24	8	in	in	ADP
cjal-3363	24	9	the	the	DET
cjal-3363	24	10	1990s	1990	NOUN
cjal-3363	24	11	presenting	present	VERB
cjal-3363	24	12	this	this	DET
cjal-3363	24	13	argument	argument	NOUN
cjal-3363	24	14	.	.	PUNCT
cjal-3363	25	1	see	see	VERB
cjal-3363	25	2	world	world	PROPN
cjal-3363	25	3	bank	bank	PROPN
cjal-3363	25	4	,	,	PUNCT
cjal-3363	25	5	bureaucrats	bureaucrat	NOUN
cjal-3363	25	6	in	in	ADP
cjal-3363	25	7	business	business	NOUN
cjal-3363	25	8	:	:	PUNCT
cjal-3363	25	9	the	the	DET
cjal-3363	25	10	economics	economic	NOUN
cjal-3363	25	11	and	and	CCONJ
cjal-3363	25	12	politics	politic	NOUN
cjal-3363	25	13	of	of	ADP
cjal-3363	25	14	government	government	NOUN
cjal-3363	25	15	ownership	ownership	NOUN
cjal-3363	25	16	,	,	PUNCT
cjal-3363	25	17	a	a	DET
cjal-3363	25	18	world	world	NOUN
cjal-3363	25	19	bank	bank	NOUN
cjal-3363	25	20	policy	policy	NOUN
cjal-3363	25	21	research	research	NOUN
cjal-3363	25	22	report	report	NOUN
cjal-3363	25	23	,	,	PUNCT
cjal-3363	25	24	http://documents.worldbank.org/curated/en/197611468336015835/bureaucrats-in-business-the-economics-andpolitics-of-government-ownership	http://documents.worldbank.org/curated/en/197611468336015835/bureaucrats-in-business-the-economics-andpolitics-of-government-ownership	NOUN
cjal-3363	25	25	,	,	PUNCT
cjal-3363	25	26	at	at	ADP
cjal-3363	25	27	50	50	NUM
cjal-3363	25	28	(	(	PUNCT
cjal-3363	25	29	1995	1995	NUM
cjal-3363	25	30	)	)	PUNCT
cjal-3363	25	31	.	.	PUNCT
cjal-3363	26	1	see	see	VERB
cjal-3363	26	2	also	also	ADV
cjal-3363	26	3	e.g.	e.g.	ADV
cjal-3363	26	4	,	,	PUNCT
cjal-3363	26	5	andrei	andrei	NOUN
cjal-3363	26	6	shleifer	shleifer	PROPN
cjal-3363	26	7	,	,	PUNCT
cjal-3363	26	8	state	state	NOUN
cjal-3363	26	9	versus	versus	ADP
cjal-3363	26	10	private	private	ADJ
cjal-3363	26	11	ownership	ownership	NOUN
cjal-3363	26	12	,	,	PUNCT
cjal-3363	26	13	12	12	NUM
cjal-3363	26	14	j.	j.	PROPN
cjal-3363	26	15	econ	econ	PROPN
cjal-3363	26	16	.	.	PUNCT
cjal-3363	27	1	persp	persp	PROPN
cjal-3363	27	2	.	.	PUNCT
cjal-3363	28	1	133	133	NUM
cjal-3363	28	2	(	(	PUNCT
cjal-3363	28	3	1998	1998	NUM
cjal-3363	28	4	)	)	PUNCT
cjal-3363	28	5	;	;	PUNCT
cjal-3363	28	6	andrei	andrei	NOUN
cjal-3363	28	7	shleifer	shleifer	PROPN
cjal-3363	28	8	&	&	CCONJ
cjal-3363	28	9	robert	robert	PROPN
cjal-3363	28	10	w.	w.	PROPN
cjal-3363	28	11	vishny	vishny	PROPN
cjal-3363	28	12	,	,	PUNCT
cjal-3363	28	13	politicians	politician	NOUN
cjal-3363	28	14	and	and	CCONJ
cjal-3363	28	15	firms	firm	NOUN
cjal-3363	28	16	,	,	PUNCT
cjal-3363	28	17	109	109	NUM
cjal-3363	28	18	q.	q.	PROPN
cjal-3363	28	19	j.	j.	PROPN
cjal-3363	28	20	econ	econ	PROPN
cjal-3363	28	21	.	.	PUNCT
cjal-3363	29	1	995	995	NUM
cjal-3363	29	2	(	(	PUNCT
cjal-3363	29	3	1994	1994	NUM
cjal-3363	29	4	)	)	PUNCT
cjal-3363	29	5	;	;	PUNCT
cjal-3363	29	6	oliver	oliver	PROPN
cjal-3363	29	7	hart	hart	PROPN
cjal-3363	29	8	,	,	PUNCT
cjal-3363	29	9	andrei	andrei	PROPN
cjal-3363	29	10	shleifer	shleifer	PROPN
cjal-3363	29	11	,	,	PUNCT
cjal-3363	29	12	&	&	CCONJ
cjal-3363	29	13	robert	robert	PROPN
cjal-3363	29	14	w.	w.	PROPN
cjal-3363	29	15	vishny	vishny	PROPN
cjal-3363	29	16	,	,	PUNCT
cjal-3363	29	17	the	the	DET
cjal-3363	29	18	proper	proper	ADJ
cjal-3363	29	19	scope	scope	NOUN
cjal-3363	29	20	of	of	ADP
cjal-3363	29	21	government	government	NOUN
cjal-3363	29	22	:	:	PUNCT
cjal-3363	29	23	theory	theory	NOUN
cjal-3363	29	24	and	and	CCONJ
cjal-3363	29	25	an	an	DET
cjal-3363	29	26	application	application	NOUN
cjal-3363	29	27	to	to	ADP
cjal-3363	29	28	prisons	prison	NOUN
cjal-3363	29	29	,	,	PUNCT
cjal-3363	29	30	112	112	NUM
cjal-3363	29	31	q.	q.	PROPN
cjal-3363	29	32	j.	j.	PROPN
cjal-3363	29	33	econ	econ	PROPN
cjal-3363	29	34	.	.	PROPN
cjal-3363	30	1	1119	1119	NUM
cjal-3363	30	2	(	(	PUNCT
cjal-3363	30	3	1997	1997	NUM
cjal-3363	30	4	)	)	PUNCT
cjal-3363	30	5	;	;	PUNCT
cjal-3363	31	1	sam	sam	PROPN
cjal-3363	31	2	pelzman	pelzman	PROPN
cjal-3363	31	3	,	,	PUNCT
cjal-3363	31	4	pricing	pricing	NOUN
cjal-3363	31	5	in	in	ADP
cjal-3363	31	6	public	public	ADJ
cjal-3363	31	7	and	and	CCONJ
cjal-3363	31	8	private	private	ADJ
cjal-3363	31	9	enterprises	enterprise	NOUN
cjal-3363	31	10	:	:	PUNCT
cjal-3363	31	11	electric	electric	ADJ
cjal-3363	31	12	utilities	utility	NOUN
cjal-3363	31	13	in	in	ADP
cjal-3363	31	14	the	the	DET
cjal-3363	31	15	united	united	PROPN
cjal-3363	31	16	states	states	PROPN
cjal-3363	31	17	,	,	PUNCT
cjal-3363	31	18	14	14	NUM
cjal-3363	31	19	j.	j.	PROPN
cjal-3363	31	20	l	l	PROPN
cjal-3363	31	21	&	&	CCONJ
cjal-3363	31	22	econ	econ	PROPN
cjal-3363	31	23	.	.	PUNCT
cjal-3363	32	1	109	109	NUM
cjal-3363	32	2	(	(	PUNCT
cjal-3363	32	3	1971	1971	NUM
cjal-3363	32	4	)	)	PUNCT
cjal-3363	32	5	;	;	PUNCT
cjal-3363	32	6	harold	harold	PROPN
cjal-3363	32	7	demsetz	demsetz	PROPN
cjal-3363	32	8	,	,	PUNCT
cjal-3363	32	9	toward	toward	ADP
cjal-3363	32	10	a	a	DET
cjal-3363	32	11	theory	theory	NOUN
cjal-3363	32	12	of	of	ADP
cjal-3363	32	13	property	property	NOUN
cjal-3363	32	14	rights	right	NOUN
cjal-3363	32	15	,	,	PUNCT
cjal-3363	32	16	57	57	NUM
cjal-3363	32	17	am	am	NOUN
cjal-3363	32	18	.	.	PUNCT
cjal-3363	33	1	econ	econ	PROPN
cjal-3363	33	2	.	.	PUNCT
cjal-3363	34	1	rev	rev	PROPN
cjal-3363	34	2	.	.	PROPN
cjal-3363	34	3	347	347	NUM
cjal-3363	34	4	,	,	PUNCT
cjal-3363	34	5	348(1967	348(1967	NUM
cjal-3363	34	6	)	)	PUNCT
cjal-3363	34	7	;	;	PUNCT
cjal-3363	34	8	john	john	PROPN
cjal-3363	34	9	vickers	vickers	PROPN
cjal-3363	34	10	&	&	CCONJ
cjal-3363	34	11	george	george	PROPN
cjal-3363	34	12	yarrow	yarrow	PROPN
cjal-3363	34	13	,	,	PUNCT
cjal-3363	34	14	economic	economic	ADJ
cjal-3363	34	15	perspectives	perspective	NOUN
cjal-3363	34	16	on	on	ADP
cjal-3363	34	17	privatization	privatization	NOUN
cjal-3363	34	18	,	,	PUNCT
cjal-3363	34	19	5	5	NUM
cjal-3363	34	20	j.	j.	PROPN
cjal-3363	34	21	econ	econ	PROPN
cjal-3363	34	22	.	.	PUNCT
cjal-3363	35	1	persp	persp	PROPN
cjal-3363	35	2	.	.	PUNCT
cjal-3363	36	1	111	111	NUM
cjal-3363	36	2	(	(	PUNCT
cjal-3363	36	3	1991	1991	NUM
cjal-3363	36	4	)	)	PUNCT
cjal-3363	36	5	;	;	PUNCT
cjal-3363	37	1	david	david	PROPN
cjal-3363	37	2	g.	g.	PROPN
cjal-3363	37	3	davies	davies	PROPN
cjal-3363	37	4	,	,	PUNCT
cjal-3363	37	5	the	the	DET
cjal-3363	37	6	efficiency	efficiency	NOUN
cjal-3363	37	7	of	of	ADP
cjal-3363	37	8	public	public	ADJ
cjal-3363	37	9	versus	versus	ADP
cjal-3363	37	10	private	private	ADJ
cjal-3363	37	11	firms	firm	NOUN
cjal-3363	37	12	,	,	PUNCT
cjal-3363	37	13	the	the	DET
cjal-3363	37	14	case	case	NOUN
cjal-3363	37	15	of	of	ADP
cjal-3363	37	16	australia	australia	PROPN
cjal-3363	37	17	's	's	PART
cjal-3363	37	18	two	two	NUM
cjal-3363	37	19	airlines	airline	NOUN
cjal-3363	37	20	,	,	PUNCT
cjal-3363	37	21	14	14	NUM
cjal-3363	37	22	j.	j.	PROPN
cjal-3363	37	23	l.	l.	PROPN
cjal-3363	37	24	&	&	CCONJ
cjal-3363	37	25	econ	econ	PROPN
cjal-3363	37	26	.	.	PROPN
cjal-3363	38	1	149	149	NUM
cjal-3363	38	2	(	(	PUNCT
cjal-3363	38	3	1971	1971	NUM
cjal-3363	38	4	)	)	PUNCT
cjal-3363	38	5	.	.	PUNCT
cjal-3363	39	1	for	for	ADP
cjal-3363	39	2	a	a	DET
cjal-3363	39	3	good	good	ADJ
cjal-3363	39	4	summary	summary	NOUN
cjal-3363	39	5	of	of	ADP
cjal-3363	39	6	empirical	empirical	ADJ
cjal-3363	39	7	evidence	evidence	NOUN
cjal-3363	39	8	of	of	ADP
cjal-3363	39	9	the	the	DET
cjal-3363	39	10	effects	effect	NOUN
cjal-3363	39	11	of	of	ADP
cjal-3363	39	12	privatization	privatization	NOUN
cjal-3363	39	13	,	,	PUNCT
cjal-3363	39	14	see	see	VERB
cjal-3363	39	15	generally	generally	ADV
cjal-3363	39	16	william	william	PROPN
cjal-3363	39	17	l.	l.	PROPN
cjal-3363	39	18	megginson	megginson	PROPN
cjal-3363	39	19	and	and	CCONJ
cjal-3363	39	20	jeffry	jeffry	PROPN
cjal-3363	39	21	m.	m.	NOUN
cjal-3363	39	22	netter	netter	NOUN
cjal-3363	39	23	,	,	PUNCT
cjal-3363	39	24	from	from	ADP
cjal-3363	39	25	state	state	NOUN
cjal-3363	39	26	to	to	ADP
cjal-3363	39	27	market	market	NOUN
cjal-3363	39	28	:	:	PUNCT
cjal-3363	39	29	a	a	DET
cjal-3363	39	30	survey	survey	NOUN
cjal-3363	39	31	of	of	ADP
cjal-3363	39	32	empirical	empirical	ADJ
cjal-3363	39	33	studies	study	NOUN
cjal-3363	39	34	on	on	ADP
cjal-3363	39	35	privatization	privatization	NOUN
cjal-3363	39	36	,	,	PUNCT
cjal-3363	39	37	39	39	NUM
cjal-3363	39	38	j.	j.	PROPN
cjal-3363	39	39	econ	econ	PROPN
cjal-3363	39	40	.	.	PUNCT
cjal-3363	40	1	literature	literature	PROPN
cjal-3363	40	2	324	324	NUM
cjal-3363	40	3	,	,	PUNCT
cjal-3363	40	4	325	325	NUM
cjal-3363	40	5	-	-	SYM
cjal-3363	40	6	326(2001	326(2001	NUM
cjal-3363	40	7	)	)	PUNCT
cjal-3363	40	8	.	.	PUNCT
cjal-3363	41	1	for	for	ADP
cjal-3363	41	2	empirical	empirical	ADJ
cjal-3363	41	3	evidence	evidence	NOUN
cjal-3363	41	4	from	from	ADP
cjal-3363	41	5	china	china	PROPN
cjal-3363	41	6	,	,	PUNCT
cjal-3363	41	7	see	see	VERB
cjal-3363	41	8	e.g.	e.g.	ADV
cjal-3363	41	9	,	,	PUNCT
cjal-3363	41	10	bai	bai	PROPN
cjal-3363	41	11	chongen(白重恩	chongen(白重恩	NOUN
cjal-3363	41	12	)	)	PUNCT
cjal-3363	41	13	,	,	PUNCT
cjal-3363	41	14	lu	lu	PROPN
cjal-3363	41	15	jiangyong(路江涌	jiangyong(路江涌	VERB
cjal-3363	41	16	)	)	PUNCT
cjal-3363	41	17	,	,	PUNCT
cjal-3363	41	18	tao	tao	PROPN
cjal-3363	41	19	zhigang(陶志刚	zhigang(陶志刚	PROPN
cjal-3363	41	20	)	)	PUNCT
cjal-3363	41	21	,	,	PUNCT
cjal-3363	41	22	guoyou	guoyou	PROPN
cjal-3363	41	23	qiye	qiye	PROPN
cjal-3363	41	24	gaizhi	gaizhi	PROPN
cjal-3363	41	25	xiaoguo	xiaoguo	PROPN
cjal-3363	41	26	de	de	PROPN
cjal-3363	41	27	shizheng	shizheng	PROPN
cjal-3363	41	28	yanjiu(国有企业改制效	yanjiu(国有企业改制效	PROPN
cjal-3363	41	29	果的实证研究)[empirical	果的实证研究)[empirical	ADJ
cjal-3363	41	30	studies	study	NOUN
cjal-3363	41	31	on	on	ADP
cjal-3363	41	32	the	the	DET
cjal-3363	41	33	effects	effect	NOUN
cjal-3363	41	34	of	of	ADP
cjal-3363	41	35	reform	reform	NOUN
cjal-3363	41	36	of	of	ADP
cjal-3363	41	37	state	state	NOUN
cjal-3363	41	38	-	-	PUNCT
cjal-3363	41	39	owned	own	VERB
cjal-3363	41	40	enterprises	enterprise	NOUN
cjal-3363	41	41	]	]	PUNCT
cjal-3363	41	42	,	,	PUNCT
cjal-3363	41	43	8	8	NUM
cjal-3363	41	44	jingji	jingji	PROPN
cjal-3363	41	45	yanjiu(经济研	yanjiu(经济研	PROPN
cjal-3363	41	46	究)[econ	究)[econ	PROPN
cjal-3363	41	47	.	.	PUNCT
cjal-3363	42	1	studies	study	NOUN
cjal-3363	42	2	]	]	PUNCT
cjal-3363	42	3	4	4	NUM
cjal-3363	42	4	(	(	PUNCT
cjal-3363	42	5	2006	2006	NUM
cjal-3363	42	6	)	)	PUNCT
cjal-3363	42	7	.	.	PUNCT
cjal-3363	43	1	hu	hu	PROPN
cjal-3363	43	2	yifan(胡一帆	yifan(胡一帆	PROPN
cjal-3363	43	3	)	)	PUNCT
cjal-3363	43	4	,	,	PUNCT
cjal-3363	43	5	song	song	NOUN
cjal-3363	43	6	min(宋敏	min(宋敏	NOUN
cjal-3363	43	7	)	)	PUNCT
cjal-3363	43	8	,	,	PUNCT
cjal-3363	43	9	zhang	zhang	PROPN
cjal-3363	43	10	junxi(张俊喜	junxi(张俊喜	PROPN
cjal-3363	43	11	)	)	PUNCT
cjal-3363	43	12	,	,	PUNCT
cjal-3363	43	13	zhongguo	zhongguo	PROPN
cjal-3363	43	14	guoyouqiye	guoyouqiye	PROPN
cjal-3363	43	15	minyinghua	minyinghua	PROPN
cjal-3363	43	16	jixiao	jixiao	PROPN
cjal-3363	43	17	yanjiu(中国国有企业民营化绩效研究)[studies	yanjiu(中国国有企业民营化绩效研究)[studie	NOUN
cjal-3363	43	18	on	on	ADP
cjal-3363	43	19	the	the	DET
cjal-3363	43	20	effects	effect	NOUN
cjal-3363	43	21	of	of	ADP
cjal-3363	43	22	privatized	privatized	ADJ
cjal-3363	43	23	state	state	NOUN
cjal-3363	43	24	-	-	PUNCT
cjal-3363	43	25	owned	own	VERB
cjal-3363	43	26	enterprises	enterprise	NOUN
cjal-3363	43	27	]	]	PUNCT
cjal-3363	43	28	,	,	PUNCT
cjal-3363	43	29	7	7	NUM
cjal-3363	43	30	jingji	jingji	PROPN
cjal-3363	43	31	yanjiu(经济研究)[econ	yanjiu(经济研究)[econ	X
cjal-3363	43	32	.	.	PUNCT
cjal-3363	43	33	stud	stud	PROPN
cjal-3363	43	34	.	.	PUNCT
cjal-3363	43	35	]	]	PUNCT
cjal-3363	44	1	49	49	NUM
cjal-3363	44	2	(	(	PUNCT
cjal-3363	44	3	2006	2006	NUM
cjal-3363	44	4	)	)	PUNCT
cjal-3363	44	5	;	;	PUNCT
cjal-3363	44	6	zhang	zhang	PROPN
cjal-3363	44	7	weiying(张维迎	weiying(张维迎	PROPN
cjal-3363	44	8	)	)	PUNCT
cjal-3363	44	9	,	,	PUNCT
cjal-3363	44	10	cong	cong	VERB
cjal-3363	44	11	xiandai	xiandai	PROPN
cjal-3363	44	12	qiye	qiye	PROPN
cjal-3363	44	13	lilun	lilun	PROPN
cjal-3363	44	14	kan	kan	PROPN
cjal-3363	44	15	zhongguo	zhongguo	PROPN
cjal-3363	44	16	guoyouqiye	guoyouqiye	PROPN
cjal-3363	44	17	de	de	PROPN
cjal-3363	44	18	gaige[reform	gaige[reform	PROPN
cjal-3363	44	19	of	of	ADP
cjal-3363	44	20	state	state	NOUN
cjal-3363	44	21	-	-	PUNCT
cjal-3363	44	22	owned	own	VERB
cjal-3363	44	23	enterprises	enterprise	NOUN
cjal-3363	44	24	based	base	VERB
cjal-3363	44	25	on	on	ADP
cjal-3363	44	26	modern	modern	ADJ
cjal-3363	44	27	enterprise	enterprise	NOUN
cjal-3363	44	28	theory	theory	NOUN
cjal-3363	44	29	]	]	X
cjal-3363	44	30	,	,	PUNCT
cjal-3363	44	31	6	6	NUM
cjal-3363	44	32	gaige	gaige	PROPN
cjal-3363	44	33	yu	yu	PROPN
cjal-3363	44	34	zhanlue[reform	zhanlue[reform	PROPN
cjal-3363	44	35	&	&	CCONJ
cjal-3363	44	36	strategy	strategy	PROPN
cjal-3363	44	37	]	]	PUNCT
cjal-3363	44	38	18	18	NUM
cjal-3363	44	39	(	(	PUNCT
cjal-3363	44	40	1994	1994	NUM
cjal-3363	44	41	)	)	PUNCT
cjal-3363	44	42	(	(	PUNCT
cjal-3363	44	43	china	china	PROPN
cjal-3363	44	44	)	)	PUNCT
cjal-3363	44	45	.	.	PUNCT
cjal-3363	45	1	a	a	DET
cjal-3363	45	2	few	few	ADJ
cjal-3363	45	3	scholars	scholar	NOUN
cjal-3363	45	4	,	,	PUNCT
cjal-3363	45	5	however	however	ADV
cjal-3363	45	6	,	,	PUNCT
cjal-3363	45	7	believe	believe	VERB
cjal-3363	45	8	that	that	SCONJ
cjal-3363	45	9	soes	soe	NOUN
cjal-3363	45	10	may	may	AUX
cjal-3363	45	11	be	be	AUX
cjal-3363	45	12	efficient	efficient	ADJ
cjal-3363	45	13	under	under	ADP
cjal-3363	45	14	some	some	DET
cjal-3363	45	15	circumstances	circumstance	NOUN
cjal-3363	45	16	.	.	PUNCT
cjal-3363	46	1	see	see	VERB
cjal-3363	46	2	e.g.	e.g.	ADV
cjal-3363	46	3	ravi	ravi	NOUN
cjal-3363	46	4	ramamurti	ramamurti	PROPN
cjal-3363	46	5	,	,	PUNCT
cjal-3363	46	6	why	why	SCONJ
cjal-3363	46	7	have	have	AUX
cjal-3363	46	8	n't	not	PART
cjal-3363	46	9	developing	develop	VERB
cjal-3363	46	10	countries	country	NOUN
cjal-3363	46	11	privatized	privatize	VERB
cjal-3363	46	12	deeper	deeply	ADV
cjal-3363	46	13	and	and	CCONJ
cjal-3363	46	14	faster	fast	ADV
cjal-3363	46	15	?	?	PUNCT
cjal-3363	46	16	,	,	PUNCT
cjal-3363	46	17	27	27	NUM
cjal-3363	46	18	world	world	NOUN
cjal-3363	46	19	dev.137	dev.137	NOUN
cjal-3363	46	20	148	148	NUM
cjal-3363	46	21	(	(	PUNCT
cjal-3363	46	22	1999	1999	NUM
cjal-3363	46	23	)	)	PUNCT
cjal-3363	46	24	(	(	PUNCT
cjal-3363	46	25	“	"	PUNCT
cjal-3363	46	26	in	in	ADP
cjal-3363	46	27	most	most	ADJ
cjal-3363	46	28	countries	country	NOUN
cjal-3363	46	29	,	,	PUNCT
cjal-3363	46	30	the	the	DET
cjal-3363	46	31	soe	soe	PROPN
cjal-3363	46	32	sector	sector	NOUN
cjal-3363	46	33	consists	consist	VERB
cjal-3363	46	34	mainly	mainly	ADV
cjal-3363	46	35	of	of	ADP
cjal-3363	46	36	firms	firm	NOUN
cjal-3363	46	37	operating	operate	VERB
cjal-3363	46	38	in	in	ADP
cjal-3363	46	39	four	four	NUM
cjal-3363	46	40	sectors	sector	NOUN
cjal-3363	46	41	:	:	PUNCT
cjal-3363	46	42	public	public	ADJ
cjal-3363	46	43	utilities	utility	NOUN
cjal-3363	46	44	,	,	PUNCT
cjal-3363	46	45	heavy	heavy	ADJ
cjal-3363	46	46	industries	industry	NOUN
cjal-3363	46	47	,	,	PUNCT
cjal-3363	46	48	financial	financial	ADJ
cjal-3363	46	49	services	service	NOUN
cjal-3363	46	50	,	,	PUNCT
cjal-3363	46	51	and	and	CCONJ
cjal-3363	46	52	extractive	extractive	ADJ
cjal-3363	46	53	industries	industry	NOUN
cjal-3363	46	54	.	.	PUNCT
cjal-3363	46	55	.	.	PUNCT
cjal-3363	46	56	.	.	PUNCT
cjal-3363	47	1	.	.	PUNCT
cjal-3363	48	1	neither	neither	CCONJ
cjal-3363	48	2	the	the	DET
cjal-3363	48	3	theoretical	theoretical	ADJ
cjal-3363	48	4	nor	nor	CCONJ
cjal-3363	48	5	the	the	DET
cjal-3363	48	6	empirical	empirical	ADJ
cjal-3363	48	7	literature	literature	NOUN
cjal-3363	48	8	suggests	suggest	VERB
cjal-3363	48	9	unambiguously	unambiguously	ADV
cjal-3363	48	10	that	that	SCONJ
cjal-3363	48	11	such	such	ADJ
cjal-3363	48	12	firms	firm	NOUN
cjal-3363	48	13	will	will	AUX
cjal-3363	48	14	perform	perform	VERB
cjal-3363	48	15	better	well	ADV
cjal-3363	48	16	if	if	SCONJ
cjal-3363	48	17	privatized	privatize	VERB
cjal-3363	48	18	.	.	PUNCT
cjal-3363	48	19	”	"	PUNCT
cjal-3363	48	20	)	)	PUNCT
cjal-3363	48	21	.	.	PUNCT
cjal-3363	49	1	2	2	NUM
cjal-3363	49	2	soes	soe	NOUN
cjal-3363	49	3	are	be	AUX
cjal-3363	49	4	also	also	ADV
cjal-3363	49	5	prevalent	prevalent	ADJ
cjal-3363	49	6	in	in	ADP
cjal-3363	49	7	brazil	brazil	PROPN
cjal-3363	49	8	,	,	PUNCT
cjal-3363	49	9	india	india	PROPN
cjal-3363	49	10	and	and	CCONJ
cjal-3363	49	11	several	several	ADJ
cjal-3363	49	12	other	other	ADJ
cjal-3363	49	13	developing	develop	VERB
cjal-3363	49	14	countries	country	NOUN
cjal-3363	49	15	.	.	PUNCT
cjal-3363	50	1	according	accord	VERB
cjal-3363	50	2	to	to	ADP
cjal-3363	50	3	a	a	DET
cjal-3363	50	4	report	report	NOUN
cjal-3363	50	5	issued	issue	VERB
cjal-3363	50	6	by	by	ADP
cjal-3363	50	7	the	the	DET
cjal-3363	50	8	organisation	organisation	NOUN
cjal-3363	50	9	for	for	ADP
cjal-3363	50	10	economic	economic	ADJ
cjal-3363	50	11	co	co	NOUN
cjal-3363	50	12	-	-	NOUN
cjal-3363	50	13	operation	operation	NOUN
cjal-3363	50	14	and	and	CCONJ
cjal-3363	50	15	development	development	NOUN
cjal-3363	50	16	(	(	PUNCT
cjal-3363	50	17	oecd	oecd	PROPN
cjal-3363	50	18	)	)	PUNCT
cjal-3363	50	19	on	on	ADP
cjal-3363	50	20	soes	soe	NOUN
cjal-3363	50	21	,	,	PUNCT
cjal-3363	50	22	204	204	NUM
cjal-3363	50	23	out	out	ADP
cjal-3363	50	24	of	of	ADP
cjal-3363	50	25	the	the	DET
cjal-3363	50	26	2000	2000	NUM
cjal-3363	50	27	largest	large	ADJ
cjal-3363	50	28	http://documents.worldbank.org/curated/en/197611468336015835/bureaucrats-in-business-the-economics-and-politics-of-government-ownership	http://documents.worldbank.org/curated/en/197611468336015835/bureaucrats-in-business-the-economics-and-politics-of-government-ownership	NOUN
cjal-3363	50	29	http://documents.worldbank.org/curated/en/197611468336015835/bureaucrats-in-business-the-economics-and-politics-of-government-ownership	http://documents.worldbank.org/curated/en/197611468336015835/bureaucrats-in-business-the-economics-and-politics-of-government-ownership	NOUN
cjal-3363	50	30	2017	2017	NUM
cjal-3363	50	31	]	]	PUNCT
cjal-3363	50	32	state	state	NOUN
cjal-3363	50	33	ownership	ownership	NOUN
cjal-3363	50	34	and	and	CCONJ
cjal-3363	50	35	regulatory	regulatory	ADJ
cjal-3363	50	36	costs	cost	NOUN
cjal-3363	50	37	3	3	NUM
cjal-3363	50	38	a	a	DET
cjal-3363	50	39	market	market	NOUN
cjal-3363	50	40	-	-	PUNCT
cjal-3363	50	41	oriented	orient	VERB
cjal-3363	50	42	one	one	NUM
cjal-3363	50	43	by	by	ADP
cjal-3363	50	44	encouraging	encourage	VERB
cjal-3363	50	45	private	private	ADJ
cjal-3363	50	46	enterprises	enterprise	NOUN
cjal-3363	50	47	to	to	PART
cjal-3363	50	48	develop	develop	VERB
cjal-3363	50	49	and	and	CCONJ
cjal-3363	50	50	transferring	transfer	VERB
cjal-3363	50	51	the	the	DET
cjal-3363	50	52	state	state	NOUN
cjal-3363	50	53	’s	’s	PART
cjal-3363	50	54	ownership	ownership	NOUN
cjal-3363	50	55	interests	interest	NOUN
cjal-3363	50	56	in	in	ADP
cjal-3363	50	57	soes	soe	NOUN
cjal-3363	50	58	to	to	ADP
cjal-3363	50	59	private	private	ADJ
cjal-3363	50	60	investors	investor	NOUN
cjal-3363	50	61	.	.	PUNCT
cjal-3363	51	1	these	these	DET
cjal-3363	51	2	efforts	effort	NOUN
cjal-3363	51	3	have	have	AUX
cjal-3363	51	4	been	be	AUX
cjal-3363	51	5	successful	successful	ADJ
cjal-3363	51	6	in	in	ADP
cjal-3363	51	7	many	many	ADJ
cjal-3363	51	8	sectors	sector	NOUN
cjal-3363	51	9	.	.	PUNCT
cjal-3363	52	1	for	for	ADP
cjal-3363	52	2	example	example	NOUN
cjal-3363	52	3	,	,	PUNCT
cjal-3363	52	4	private	private	ADJ
cjal-3363	52	5	enterprises	enterprise	NOUN
cjal-3363	52	6	now	now	ADV
cjal-3363	52	7	dominate	dominate	VERB
cjal-3363	52	8	most	most	ADJ
cjal-3363	52	9	manufacturing	manufacture	VERB
cjal-3363	52	10	sectors	sector	NOUN
cjal-3363	52	11	.	.	PUNCT
cjal-3363	53	1	however	however	ADV
cjal-3363	53	2	,	,	PUNCT
cjal-3363	53	3	soes	soe	NOUN
cjal-3363	53	4	are	be	AUX
cjal-3363	53	5	still	still	ADV
cjal-3363	53	6	prevalent	prevalent	ADJ
cjal-3363	53	7	in	in	ADP
cjal-3363	53	8	some	some	DET
cjal-3363	53	9	sectors	sector	NOUN
cjal-3363	53	10	,	,	PUNCT
cjal-3363	53	11	including	include	VERB
cjal-3363	53	12	the	the	DET
cjal-3363	53	13	petroleum	petroleum	NOUN
cjal-3363	53	14	,	,	PUNCT
cjal-3363	53	15	electricity	electricity	NOUN
cjal-3363	53	16	grid	grid	NOUN
cjal-3363	53	17	,	,	PUNCT
cjal-3363	53	18	coal	coal	NOUN
cjal-3363	53	19	mining	mining	NOUN
cjal-3363	53	20	,	,	PUNCT
cjal-3363	53	21	tobacco	tobacco	NOUN
cjal-3363	53	22	,	,	PUNCT
cjal-3363	53	23	and	and	CCONJ
cjal-3363	53	24	water	water	NOUN
cjal-3363	53	25	utility	utility	NOUN
cjal-3363	53	26	sectors.3	sectors.3	PROPN
cjal-3363	53	27	current	current	ADJ
cjal-3363	53	28	theories	theory	NOUN
cjal-3363	53	29	have	have	AUX
cjal-3363	53	30	not	not	PART
cjal-3363	53	31	provided	provide	VERB
cjal-3363	53	32	adequate	adequate	ADJ
cjal-3363	53	33	explanations	explanation	NOUN
cjal-3363	53	34	for	for	ADP
cjal-3363	53	35	the	the	DET
cjal-3363	53	36	prevalence	prevalence	NOUN
cjal-3363	53	37	of	of	ADP
cjal-3363	53	38	soes	soe	NOUN
cjal-3363	53	39	in	in	ADP
cjal-3363	53	40	certain	certain	ADJ
cjal-3363	53	41	sectors	sector	NOUN
cjal-3363	53	42	in	in	ADP
cjal-3363	53	43	china	china	PROPN
cjal-3363	53	44	.	.	PUNCT
cjal-3363	54	1	if	if	SCONJ
cjal-3363	54	2	soes	soe	NOUN
cjal-3363	54	3	are	be	AUX
cjal-3363	54	4	inefficient	inefficient	ADJ
cjal-3363	54	5	,	,	PUNCT
cjal-3363	54	6	why	why	SCONJ
cjal-3363	54	7	are	be	AUX
cjal-3363	54	8	there	there	PRON
cjal-3363	54	9	still	still	ADV
cjal-3363	54	10	so	so	ADV
cjal-3363	54	11	many	many	ADJ
cjal-3363	54	12	of	of	ADP
cjal-3363	54	13	them	they	PRON
cjal-3363	54	14	in	in	ADP
cjal-3363	54	15	china	china	PROPN
cjal-3363	54	16	?	?	PUNCT
cjal-3363	55	1	one	one	NUM
cjal-3363	55	2	influential	influential	ADJ
cjal-3363	55	3	explanation	explanation	NOUN
cjal-3363	55	4	is	be	AUX
cjal-3363	55	5	that	that	SCONJ
cjal-3363	55	6	soes	soe	NOUN
cjal-3363	55	7	continue	continue	VERB
cjal-3363	55	8	to	to	PART
cjal-3363	55	9	exist	exist	VERB
cjal-3363	55	10	for	for	ADP
cjal-3363	55	11	political	political	ADJ
cjal-3363	55	12	reasons	reason	NOUN
cjal-3363	55	13	.	.	PUNCT
cjal-3363	56	1	a	a	DET
cjal-3363	56	2	world	world	NOUN
cjal-3363	56	3	bank	bank	NOUN
cjal-3363	56	4	project	project	NOUN
cjal-3363	56	5	report	report	NOUN
cjal-3363	56	6	in	in	ADP
cjal-3363	56	7	the	the	DET
cjal-3363	56	8	1990s	1990	NOUN
cjal-3363	56	9	suggests	suggest	VERB
cjal-3363	56	10	that	that	SCONJ
cjal-3363	56	11	reform	reform	NOUN
cjal-3363	56	12	on	on	ADP
cjal-3363	56	13	soes	soe	NOUN
cjal-3363	56	14	would	would	AUX
cjal-3363	56	15	typically	typically	ADV
cjal-3363	56	16	occur	occur	VERB
cjal-3363	56	17	when	when	SCONJ
cjal-3363	56	18	three	three	NUM
cjal-3363	56	19	conditions	condition	NOUN
cjal-3363	56	20	are	be	AUX
cjal-3363	56	21	met	meet	VERB
cjal-3363	56	22	:	:	PUNCT
cjal-3363	56	23	political	political	ADJ
cjal-3363	56	24	desirability	desirability	NOUN
cjal-3363	56	25	,	,	PUNCT
cjal-3363	56	26	political	political	ADJ
cjal-3363	56	27	feasibility	feasibility	NOUN
cjal-3363	56	28	,	,	PUNCT
cjal-3363	56	29	and	and	CCONJ
cjal-3363	56	30	credibility	credibility	NOUN
cjal-3363	56	31	.	.	PUNCT
cjal-3363	57	1	4	4	NUM
cjal-3363	57	2	it	it	PRON
cjal-3363	57	3	is	be	AUX
cjal-3363	57	4	most	most	ADV
cjal-3363	57	5	important	important	ADJ
cjal-3363	57	6	that	that	SCONJ
cjal-3363	57	7	privatization	privatization	NOUN
cjal-3363	57	8	benefits	benefit	VERB
cjal-3363	57	9	the	the	DET
cjal-3363	57	10	leadership	leadership	NOUN
cjal-3363	57	11	or	or	CCONJ
cjal-3363	57	12	governing	govern	VERB
cjal-3363	57	13	coalition.5	coalition.5	PROPN
cjal-3363	57	14	soes	soe	NOUN
cjal-3363	57	15	may	may	AUX
cjal-3363	57	16	have	have	VERB
cjal-3363	57	17	political	political	ADJ
cjal-3363	57	18	connections	connection	NOUN
cjal-3363	57	19	with	with	ADP
cjal-3363	57	20	the	the	DET
cjal-3363	57	21	leadership	leadership	NOUN
cjal-3363	57	22	,	,	PUNCT
cjal-3363	57	23	which	which	PRON
cjal-3363	57	24	allow	allow	VERB
cjal-3363	57	25	them	they	PRON
cjal-3363	57	26	to	to	PART
cjal-3363	57	27	influence	influence	VERB
cjal-3363	57	28	political	political	ADJ
cjal-3363	57	29	decisions	decision	NOUN
cjal-3363	57	30	in	in	ADP
cjal-3363	57	31	order	order	NOUN
cjal-3363	57	32	to	to	PART
cjal-3363	57	33	benefit	benefit	VERB
cjal-3363	57	34	their	their	PRON
cjal-3363	57	35	employees	employee	NOUN
cjal-3363	57	36	and	and	CCONJ
cjal-3363	57	37	managers.6	managers.6	PROPN
cjal-3363	57	38	similarly	similarly	ADV
cjal-3363	57	39	,	,	PUNCT
cjal-3363	57	40	milhaupt	milhaupt	ADJ
cjal-3363	57	41	and	and	CCONJ
cjal-3363	57	42	zheng	zheng	PROPN
cjal-3363	57	43	argue	argue	VERB
cjal-3363	57	44	that	that	SCONJ
cjal-3363	57	45	soes	soe	NOUN
cjal-3363	57	46	exist	exist	VERB
cjal-3363	57	47	because	because	SCONJ
cjal-3363	57	48	they	they	PRON
cjal-3363	57	49	have	have	AUX
cjal-3363	57	50	captured	capture	VERB
cjal-3363	57	51	the	the	DET
cjal-3363	57	52	government	government	NOUN
cjal-3363	57	53	to	to	PART
cjal-3363	57	54	prevent	prevent	VERB
cjal-3363	57	55	themselves	themselves	PRON
cjal-3363	57	56	from	from	ADP
cjal-3363	57	57	being	be	AUX
cjal-3363	57	58	privatized	privatize	VERB
cjal-3363	57	59	.	.	PUNCT
cjal-3363	58	1	7	7	NUM
cjal-3363	58	2	they	they	PRON
cjal-3363	58	3	may	may	AUX
cjal-3363	58	4	also	also	ADV
cjal-3363	58	5	have	have	AUX
cjal-3363	58	6	captured	capture	VERB
cjal-3363	58	7	regulators	regulator	NOUN
cjal-3363	58	8	who	who	PRON
cjal-3363	58	9	then	then	ADV
cjal-3363	58	10	devise	devise	VERB
cjal-3363	58	11	rules	rule	NOUN
cjal-3363	58	12	that	that	PRON
cjal-3363	58	13	limit	limit	VERB
cjal-3363	58	14	market	market	NOUN
cjal-3363	58	15	competition	competition	NOUN
cjal-3363	58	16	and	and	CCONJ
cjal-3363	58	17	allowe	allowe	VERB
cjal-3363	58	18	them	they	PRON
cjal-3363	58	19	to	to	PART
cjal-3363	58	20	extract	extract	VERB
cjal-3363	58	21	listed	list	VERB
cjal-3363	58	22	corporations	corporation	NOUN
cjal-3363	58	23	in	in	ADP
cjal-3363	58	24	the	the	DET
cjal-3363	58	25	world	world	NOUN
cjal-3363	58	26	in	in	ADP
cjal-3363	58	27	2010	2010	NUM
cjal-3363	58	28	-	-	SYM
cjal-3363	58	29	2011	2011	NUM
cjal-3363	58	30	were	be	AUX
cjal-3363	58	31	state	state	NOUN
cjal-3363	58	32	-	-	PUNCT
cjal-3363	58	33	owned	own	VERB
cjal-3363	58	34	.	.	PUNCT
cjal-3363	59	1	developing	develop	VERB
cjal-3363	59	2	countries	country	NOUN
cjal-3363	59	3	,	,	PUNCT
cjal-3363	59	4	especially	especially	ADV
cjal-3363	59	5	the	the	DET
cjal-3363	59	6	“	"	PUNCT
cjal-3363	59	7	brics	bric	NOUN
cjal-3363	59	8	,	,	PUNCT
cjal-3363	59	9	”	"	PUNCT
cjal-3363	59	10	have	have	VERB
cjal-3363	59	11	a	a	DET
cjal-3363	59	12	significantly	significantly	ADV
cjal-3363	59	13	larger	large	ADJ
cjal-3363	59	14	number	number	NOUN
cjal-3363	59	15	of	of	ADP
cjal-3363	59	16	soes	soe	NOUN
cjal-3363	59	17	than	than	ADP
cjal-3363	59	18	oecd	oecd	PROPN
cjal-3363	59	19	countries	country	NOUN
cjal-3363	59	20	.	.	PUNCT
cjal-3363	60	1	soes	soe	NOUN
cjal-3363	60	2	are	be	AUX
cjal-3363	60	3	active	active	ADJ
cjal-3363	60	4	in	in	ADP
cjal-3363	60	5	the	the	DET
cjal-3363	60	6	mining	mining	NOUN
cjal-3363	60	7	,	,	PUNCT
cjal-3363	60	8	civil	civil	ADJ
cjal-3363	60	9	engineering	engineering	NOUN
cjal-3363	60	10	,	,	PUNCT
cjal-3363	60	11	land	land	NOUN
cjal-3363	60	12	transport	transport	NOUN
cjal-3363	60	13	and	and	CCONJ
cjal-3363	60	14	transport	transport	NOUN
cjal-3363	60	15	via	via	ADP
cjal-3363	60	16	pipelines	pipeline	NOUN
cjal-3363	60	17	,	,	PUNCT
cjal-3363	60	18	air	air	NOUN
cjal-3363	60	19	transport	transport	NOUN
cjal-3363	60	20	,	,	PUNCT
cjal-3363	60	21	manufacturing	manufacturing	NOUN
cjal-3363	60	22	,	,	PUNCT
cjal-3363	60	23	and	and	CCONJ
cjal-3363	60	24	steel	steel	NOUN
cjal-3363	60	25	sectors	sector	NOUN
cjal-3363	60	26	.	.	PUNCT
cjal-3363	61	1	see	see	VERB
cjal-3363	61	2	przemyslaw	przemyslaw	PROPN
cjal-3363	61	3	kowalski	kowalski	PROPN
cjal-3363	61	4	,	,	PUNCT
cjal-3363	61	5	max	max	PROPN
cjal-3363	61	6	büge	büge	PROPN
cjal-3363	61	7	,	,	PUNCT
cjal-3363	61	8	monika	monika	PROPN
cjal-3363	61	9	sztajerowska	sztajerowska	PROPN
cjal-3363	61	10	and	and	CCONJ
cjal-3363	61	11	matias	matias	PROPN
cjal-3363	61	12	egeland	egeland	PROPN
cjal-3363	61	13	,	,	PUNCT
cjal-3363	61	14	state	state	NOUN
cjal-3363	61	15	-	-	PUNCT
cjal-3363	61	16	owned	own	VERB
cjal-3363	61	17	enterprises	enterprise	NOUN
cjal-3363	61	18	:	:	PUNCT
cjal-3363	61	19	trade	trade	NOUN
cjal-3363	61	20	effects	effect	NOUN
cjal-3363	61	21	and	and	CCONJ
cjal-3363	61	22	policy	policy	NOUN
cjal-3363	61	23	implications	implication	NOUN
cjal-3363	61	24	,	,	PUNCT
cjal-3363	61	25	organisation	organisation	NOUN
cjal-3363	61	26	for	for	ADP
cjal-3363	61	27	economic	economic	ADJ
cjal-3363	61	28	co	co	NOUN
cjal-3363	61	29	-	-	NOUN
cjal-3363	61	30	operation	operation	NOUN
cjal-3363	61	31	and	and	CCONJ
cjal-3363	61	32	development[oecd	development[oecd	NOUN
cjal-3363	61	33	]	]	X
cjal-3363	61	34	trade	trade	NOUN
cjal-3363	61	35	policy	policy	NOUN
cjal-3363	61	36	paper	paper	NOUN
cjal-3363	61	37	no	no	NOUN
cjal-3363	61	38	.	.	PROPN
cjal-3363	61	39	147	147	NUM
cjal-3363	61	40	,	,	PUNCT
cjal-3363	61	41	tad	tad	NOUN
cjal-3363	61	42	/	/	SYM
cjal-3363	61	43	tc	tc	NOUN
cjal-3363	61	44	/	/	SYM
cjal-3363	61	45	wp(2012)10	wp(2012)10	NOUN
cjal-3363	61	46	/	/	SYM
cjal-3363	61	47	final	final	ADJ
cjal-3363	61	48	21	21	NUM
cjal-3363	61	49	(	(	PUNCT
cjal-3363	61	50	2013	2013	NUM
cjal-3363	61	51	)	)	PUNCT
cjal-3363	61	52	.	.	PUNCT
cjal-3363	62	1	while	while	SCONJ
cjal-3363	62	2	this	this	DET
cjal-3363	62	3	article	article	NOUN
cjal-3363	62	4	mainly	mainly	ADV
cjal-3363	62	5	focuses	focus	VERB
cjal-3363	62	6	on	on	ADP
cjal-3363	62	7	soes	soe	NOUN
cjal-3363	62	8	in	in	ADP
cjal-3363	62	9	china	china	PROPN
cjal-3363	62	10	,	,	PUNCT
cjal-3363	62	11	the	the	DET
cjal-3363	62	12	theory	theory	NOUN
cjal-3363	62	13	developed	develop	VERB
cjal-3363	62	14	herein	herein	NOUN
cjal-3363	62	15	may	may	AUX
cjal-3363	62	16	apply	apply	VERB
cjal-3363	62	17	to	to	ADP
cjal-3363	62	18	other	other	ADJ
cjal-3363	62	19	countries	country	NOUN
cjal-3363	62	20	.	.	PUNCT
cjal-3363	63	1	3	3	NUM
cjal-3363	63	2	see	see	VERB
cjal-3363	63	3	infra	infra	NOUN
cjal-3363	63	4	section	section	NOUN
cjal-3363	63	5	ii.a.1	ii.a.1	NOUN
cjal-3363	63	6	for	for	ADP
cjal-3363	63	7	a	a	DET
cjal-3363	63	8	detailed	detailed	ADJ
cjal-3363	63	9	discussion	discussion	NOUN
cjal-3363	63	10	.	.	PUNCT
cjal-3363	64	1	4	4	NUM
cjal-3363	64	2	world	world	PROPN
cjal-3363	64	3	bank	bank	NOUN
cjal-3363	64	4	,	,	PUNCT
cjal-3363	64	5	supra	supra	PROPN
cjal-3363	64	6	note	note	PROPN
cjal-3363	64	7	1	1	NUM
cjal-3363	64	8	,	,	PUNCT
cjal-3363	64	9	at	at	ADP
cjal-3363	64	10	175	175	NUM
cjal-3363	64	11	-	-	SYM
cjal-3363	64	12	176	176	NUM
cjal-3363	64	13	(	(	PUNCT
cjal-3363	64	14	1995	1995	NUM
cjal-3363	64	15	)	)	PUNCT
cjal-3363	64	16	.	.	PUNCT
cjal-3363	65	1	5	5	NUM
cjal-3363	66	1	i	i	PRON
cjal-3363	66	2	d.	d.	PROPN
cjal-3363	66	3	at	at	ADP
cjal-3363	66	4	178	178	NUM
cjal-3363	66	5	.	.	PUNCT
cjal-3363	67	1	i	i	PRON
cjal-3363	67	2	use	use	VERB
cjal-3363	67	3	the	the	DET
cjal-3363	67	4	term	term	NOUN
cjal-3363	67	5	“	"	PUNCT
cjal-3363	67	6	privatization	privatization	NOUN
cjal-3363	67	7	”	"	PUNCT
cjal-3363	67	8	in	in	ADP
cjal-3363	67	9	this	this	DET
cjal-3363	67	10	article	article	NOUN
cjal-3363	67	11	to	to	PART
cjal-3363	67	12	refer	refer	VERB
cjal-3363	67	13	to	to	ADP
cjal-3363	67	14	the	the	DET
cjal-3363	67	15	process	process	NOUN
cjal-3363	67	16	that	that	SCONJ
cjal-3363	67	17	soes	soe	NOUN
cjal-3363	67	18	are	be	AUX
cjal-3363	67	19	turned	turn	VERB
cjal-3363	67	20	into	into	ADP
cjal-3363	67	21	private	private	ADJ
cjal-3363	67	22	enterprises	enterprise	NOUN
cjal-3363	67	23	or	or	CCONJ
cjal-3363	67	24	that	that	SCONJ
cjal-3363	67	25	new	new	ADJ
cjal-3363	67	26	private	private	ADJ
cjal-3363	67	27	enterprises	enterprise	NOUN
cjal-3363	67	28	emerge	emerge	VERB
cjal-3363	67	29	and	and	CCONJ
cjal-3363	67	30	eclipse	eclipse	NOUN
cjal-3363	67	31	soes	soe	NOUN
cjal-3363	67	32	in	in	ADP
cjal-3363	67	33	importance	importance	NOUN
cjal-3363	67	34	.	.	PUNCT
cjal-3363	68	1	6	6	NUM
cjal-3363	68	2	i	i	PRON
cjal-3363	68	3	d.	d.	NOUN
cjal-3363	68	4	at	at	ADP
cjal-3363	68	5	179	179	NUM
cjal-3363	68	6	(	(	PUNCT
cjal-3363	68	7	noting	note	VERB
cjal-3363	68	8	for	for	ADP
cjal-3363	68	9	example	example	NOUN
cjal-3363	68	10	,	,	PUNCT
cjal-3363	68	11	in	in	ADP
cjal-3363	68	12	chile	chile	NOUN
cjal-3363	68	13	,	,	PUNCT
cjal-3363	68	14	“	"	PUNCT
cjal-3363	68	15	[	[	X
cjal-3363	68	16	s]ignificant	s]ignificant	ADJ
cjal-3363	68	17	soe	soe	ADJ
cjal-3363	68	18	reform	reform	NOUN
cjal-3363	68	19	could	could	AUX
cjal-3363	68	20	occur	occur	VERB
cjal-3363	68	21	because	because	SCONJ
cjal-3363	68	22	.	.	PUNCT
cjal-3363	68	23	.	.	PUNCT
cjal-3363	68	24	.	.	PUNCT
cjal-3363	69	1	groups	group	NOUN
cjal-3363	69	2	that	that	PRON
cjal-3363	69	3	benefited	benefit	VERB
cjal-3363	69	4	from	from	ADP
cjal-3363	69	5	the	the	DET
cjal-3363	69	6	soe	soe	PROPN
cjal-3363	69	7	status	status	NOUN
cjal-3363	69	8	quo	quo	NOUN
cjal-3363	69	9	,	,	PUNCT
cjal-3363	69	10	particularly	particularly	ADV
cjal-3363	69	11	soe	soe	ADJ
cjal-3363	69	12	employees	employee	NOUN
cjal-3363	69	13	,	,	PUNCT
cjal-3363	69	14	were	be	AUX
cjal-3363	69	15	not	not	PART
cjal-3363	69	16	part	part	NOUN
cjal-3363	69	17	of	of	ADP
cjal-3363	69	18	the	the	DET
cjal-3363	69	19	new	new	ADJ
cjal-3363	69	20	military	military	ADJ
cjal-3363	69	21	government	government	NOUN
cjal-3363	69	22	's	's	PART
cjal-3363	69	23	support	support	NOUN
cjal-3363	69	24	base	base	NOUN
cjal-3363	69	25	.	.	PUNCT
cjal-3363	69	26	”	"	PUNCT
cjal-3363	69	27	)	)	PUNCT
cjal-3363	69	28	.	.	PUNCT
cjal-3363	70	1	according	accord	VERB
cjal-3363	70	2	to	to	ADP
cjal-3363	70	3	this	this	DET
cjal-3363	70	4	view	view	NOUN
cjal-3363	70	5	,	,	PUNCT
cjal-3363	70	6	even	even	ADV
cjal-3363	70	7	if	if	SCONJ
cjal-3363	70	8	privatization	privatization	NOUN
cjal-3363	70	9	generates	generate	VERB
cjal-3363	70	10	social	social	ADJ
cjal-3363	70	11	benefits	benefit	NOUN
cjal-3363	70	12	,	,	PUNCT
cjal-3363	70	13	soes	soe	NOUN
cjal-3363	70	14	may	may	AUX
cjal-3363	70	15	persist	persist	VERB
cjal-3363	70	16	because	because	SCONJ
cjal-3363	70	17	politicians	politician	NOUN
cjal-3363	70	18	do	do	AUX
cjal-3363	70	19	not	not	PART
cjal-3363	70	20	always	always	ADV
cjal-3363	70	21	choose	choose	VERB
cjal-3363	70	22	the	the	DET
cjal-3363	70	23	policy	policy	NOUN
cjal-3363	70	24	that	that	PRON
cjal-3363	70	25	maximizes	maximize	VERB
cjal-3363	70	26	the	the	DET
cjal-3363	70	27	benefits	benefit	NOUN
cjal-3363	70	28	to	to	ADP
cjal-3363	70	29	the	the	DET
cjal-3363	70	30	society	society	NOUN
cjal-3363	70	31	.	.	PUNCT
cjal-3363	71	1	see	see	VERB
cjal-3363	71	2	also	also	ADV
cjal-3363	71	3	shleifer	shleifer	PROPN
cjal-3363	71	4	&	&	CCONJ
cjal-3363	71	5	vishny	vishny	PROPN
cjal-3363	71	6	,	,	PUNCT
cjal-3363	71	7	supra	supra	PROPN
cjal-3363	71	8	note	note	NOUN
cjal-3363	71	9	1	1	NUM
cjal-3363	71	10	.	.	SYM
cjal-3363	71	11	7	7	NUM
cjal-3363	71	12	see	see	VERB
cjal-3363	71	13	also	also	ADV
cjal-3363	71	14	generally	generally	ADV
cjal-3363	71	15	curtis	curtis	PROPN
cjal-3363	71	16	milhaupt	milhaupt	PROPN
cjal-3363	71	17	&	&	CCONJ
cjal-3363	71	18	wentong	wentong	PROPN
cjal-3363	71	19	zheng	zheng	PROPN
cjal-3363	71	20	,	,	PUNCT
cjal-3363	71	21	beyond	beyond	ADP
cjal-3363	71	22	ownership	ownership	NOUN
cjal-3363	71	23	:	:	PUNCT
cjal-3363	71	24	state	state	NOUN
cjal-3363	71	25	capitalism	capitalism	NOUN
cjal-3363	71	26	and	and	CCONJ
cjal-3363	71	27	the	the	DET
cjal-3363	71	28	chinese	chinese	ADJ
cjal-3363	71	29	firm	firm	NOUN
cjal-3363	71	30	,	,	PUNCT
cjal-3363	71	31	103	103	NUM
cjal-3363	71	32	geo	geo	PROPN
cjal-3363	71	33	.	.	PROPN
cjal-3363	71	34	l.	l.	PROPN
cjal-3363	71	35	j.	j.	PROPN
cjal-3363	71	36	665	665	NUM
cjal-3363	71	37	.	.	PUNCT
cjal-3363	72	1	(	(	PUNCT
cjal-3363	72	2	2015	2015	NUM
cjal-3363	72	3	)	)	PUNCT
cjal-3363	72	4	.	.	PUNCT
cjal-3363	73	1	oi	oi	INTJ
cjal-3363	73	2	,	,	PUNCT
cjal-3363	73	3	jean	jean	PROPN
cjal-3363	73	4	c	c	PROPN
cjal-3363	73	5	,	,	PUNCT
cjal-3363	73	6	patterns	pattern	NOUN
cjal-3363	73	7	of	of	ADP
cjal-3363	73	8	corporate	corporate	ADJ
cjal-3363	73	9	restructuring	restructuring	NOUN
cjal-3363	73	10	in	in	ADP
cjal-3363	73	11	china	china	PROPN
cjal-3363	73	12	:	:	PUNCT
cjal-3363	73	13	political	political	ADJ
cjal-3363	73	14	constraints	constraint	NOUN
cjal-3363	73	15	on	on	ADP
cjal-3363	73	16	privatization	privatization	NOUN
cjal-3363	73	17	,	,	PUNCT
cjal-3363	73	18	53	53	NUM
cjal-3363	73	19	china	china	PROPN
cjal-3363	73	20	j.	j.	PROPN
cjal-3363	73	21	115	115	PROPN
cjal-3363	73	22	(	(	PUNCT
cjal-3363	73	23	2005	2005	NUM
cjal-3363	73	24	)	)	PUNCT
cjal-3363	73	25	(	(	PUNCT
cjal-3363	73	26	“	"	PUNCT
cjal-3363	73	27	even	even	ADV
cjal-3363	73	28	though	though	SCONJ
cjal-3363	73	29	china	china	PROPN
cjal-3363	73	30	's	's	PART
cjal-3363	73	31	officials	official	NOUN
cjal-3363	73	32	need	need	AUX
cjal-3363	73	33	not	not	PART
cjal-3363	73	34	worry	worry	VERB
cjal-3363	73	35	about	about	ADP
cjal-3363	73	36	being	be	AUX
cjal-3363	73	37	voted	vote	VERB
cjal-3363	73	38	out	out	ADP
cjal-3363	73	39	of	of	ADP
cjal-3363	73	40	office	office	NOUN
cjal-3363	73	41	,	,	PUNCT
cjal-3363	73	42	they	they	PRON
cjal-3363	73	43	must	must	AUX
cjal-3363	73	44	worry	worry	VERB
cjal-3363	73	45	about	about	ADP
cjal-3363	73	46	the	the	DET
cjal-3363	73	47	political	political	ADJ
cjal-3363	73	48	fallout	fallout	NOUN
cjal-3363	73	49	from	from	ADP
cjal-3363	73	50	restructuring	restructure	VERB
cjal-3363	73	51	.	.	PUNCT
cjal-3363	74	1	breaking	break	VERB
cjal-3363	74	2	the	the	DET
cjal-3363	74	3	iron	iron	NOUN
cjal-3363	74	4	rice	rice	NOUN
cjal-3363	74	5	bowl	bowl	NOUN
cjal-3363	74	6	while	while	SCONJ
cjal-3363	74	7	there	there	PRON
cjal-3363	74	8	is	be	VERB
cjal-3363	74	9	still	still	ADV
cjal-3363	74	10	an	an	DET
cjal-3363	74	11	inadequate	inadequate	ADJ
cjal-3363	74	12	welfare	welfare	NOUN
cjal-3363	74	13	system	system	NOUN
cjal-3363	74	14	is	be	AUX
cjal-3363	74	15	a	a	DET
cjal-3363	74	16	politically	politically	ADV
cjal-3363	74	17	dangerous	dangerous	ADJ
cjal-3363	74	18	proposition	proposition	NOUN
cjal-3363	74	19	.	.	PUNCT
cjal-3363	74	20	”	"	PUNCT
cjal-3363	74	21	)	)	PUNCT
cjal-3363	74	22	.	.	PUNCT
cjal-3363	75	1	jose	jose	PROPN
cjal-3363	75	2	edgardo	edgardo	PROPN
cjal-3363	75	3	campos	campos	PROPN
cjal-3363	75	4	and	and	CCONJ
cjal-3363	75	5	hadi	hadi	PROPN
cjal-3363	75	6	salehi	salehi	PROPN
cjal-3363	75	7	esfahani	esfahani	PROPN
cjal-3363	75	8	,	,	PUNCT
cjal-3363	75	9	why	why	SCONJ
cjal-3363	75	10	and	and	CCONJ
cjal-3363	75	11	when	when	SCONJ
cjal-3363	75	12	do	do	AUX
cjal-3363	75	13	governments	government	NOUN
cjal-3363	75	14	initiate	initiate	VERB
cjal-3363	75	15	public	public	ADJ
cjal-3363	75	16	enterprise	enterprise	NOUN
cjal-3363	75	17	reform	reform	NOUN
cjal-3363	75	18	?	?	PUNCT
cjal-3363	75	19	,	,	PUNCT
cjal-3363	75	20	10	10	NUM
cjal-3363	75	21	world	world	PROPN
cjal-3363	75	22	bank	bank	PROPN
cjal-3363	75	23	econ	econ	PROPN
cjal-3363	75	24	.	.	PUNCT
cjal-3363	76	1	rev	rev	PROPN
cjal-3363	76	2	.	.	PROPN
cjal-3363	76	3	451	451	NUM
cjal-3363	76	4	,	,	PUNCT
cjal-3363	76	5	452	452	NUM
cjal-3363	76	6	(	(	PUNCT
cjal-3363	76	7	1996)(“[t]o	1996)(“[t]o	NUM
cjal-3363	76	8	consent	consent	NOUN
cjal-3363	76	9	to	to	ADP
cjal-3363	76	10	a	a	DET
cjal-3363	76	11	reform	reform	NOUN
cjal-3363	76	12	package	package	NOUN
cjal-3363	76	13	,	,	PUNCT
cjal-3363	76	14	interest	interest	NOUN
cjal-3363	76	15	groups	group	NOUN
cjal-3363	76	16	that	that	PRON
cjal-3363	76	17	currently	currently	ADV
cjal-3363	76	18	support	support	VERB
cjal-3363	76	19	or	or	CCONJ
cjal-3363	76	20	could	could	AUX
cjal-3363	76	21	support	support	VERB
cjal-3363	76	22	the	the	DET
cjal-3363	76	23	ruling	rule	VERB
cjal-3363	76	24	coalition	coalition	NOUN
cjal-3363	76	25	must	must	AUX
cjal-3363	76	26	know	know	VERB
cjal-3363	76	27	what	what	PRON
cjal-3363	76	28	they	they	PRON
cjal-3363	76	29	will	will	AUX
cjal-3363	76	30	gain	gain	VERB
cjal-3363	76	31	from	from	ADP
cjal-3363	76	32	the	the	DET
cjal-3363	76	33	reform	reform	NOUN
cjal-3363	76	34	,	,	PUNCT
cjal-3363	76	35	how	how	SCONJ
cjal-3363	76	36	the	the	DET
cjal-3363	76	37	gains	gain	NOUN
cjal-3363	76	38	will	will	AUX
cjal-3363	76	39	be	be	AUX
cjal-3363	76	40	distributed	distribute	VERB
cjal-3363	76	41	,	,	PUNCT
cjal-3363	76	42	and	and	CCONJ
cjal-3363	76	43	whether	whether	SCONJ
cjal-3363	76	44	the	the	DET
cjal-3363	76	45	distribution	distribution	NOUN
cjal-3363	76	46	of	of	ADP
cjal-3363	76	47	rewards	reward	NOUN
cjal-3363	76	48	will	will	AUX
cjal-3363	76	49	indeed	indeed	ADV
cjal-3363	76	50	be	be	AUX
cjal-3363	76	51	honored	honor	VERB
cjal-3363	76	52	by	by	ADP
cjal-3363	76	53	the	the	DET
cjal-3363	76	54	government	government	NOUN
cjal-3363	76	55	.	.	PUNCT
cjal-3363	76	56	”	"	PUNCT
cjal-3363	76	57	)	)	PUNCT
cjal-3363	76	58	.	.	PUNCT
cjal-3363	77	1	columbia	columbia	PROPN
cjal-3363	77	2	journal	journal	PROPN
cjal-3363	77	3	of	of	ADP
cjal-3363	77	4	asian	asian	ADJ
cjal-3363	77	5	law	law	NOUN
cjal-3363	78	1	[	[	X
cjal-3363	78	2	vol	vol	NOUN
cjal-3363	78	3	.	.	PUNCT
cjal-3363	79	1	31:1	31:1	NUM
cjal-3363	79	2	4	4	NUM
cjal-3363	79	3	economic	economic	ADJ
cjal-3363	79	4	rents	rent	NOUN
cjal-3363	79	5	.	.	PUNCT
cjal-3363	80	1	8	8	NUM
cjal-3363	80	2	however	however	ADV
cjal-3363	80	3	,	,	PUNCT
cjal-3363	80	4	while	while	SCONJ
cjal-3363	80	5	all	all	DET
cjal-3363	80	6	soes	soe	NOUN
cjal-3363	80	7	have	have	VERB
cjal-3363	80	8	incentives	incentive	NOUN
cjal-3363	80	9	to	to	PART
cjal-3363	80	10	obtain	obtain	VERB
cjal-3363	80	11	subsidies	subsidy	NOUN
cjal-3363	80	12	from	from	ADP
cjal-3363	80	13	the	the	DET
cjal-3363	80	14	government	government	NOUN
cjal-3363	80	15	,	,	PUNCT
cjal-3363	80	16	to	to	PART
cjal-3363	80	17	lobby	lobby	VERB
cjal-3363	80	18	for	for	ADP
cjal-3363	80	19	limitations	limitation	NOUN
cjal-3363	80	20	on	on	ADP
cjal-3363	80	21	market	market	NOUN
cjal-3363	80	22	competition	competition	NOUN
cjal-3363	80	23	,	,	PUNCT
cjal-3363	80	24	and	and	CCONJ
cjal-3363	80	25	to	to	PART
cjal-3363	80	26	thwart	thwart	VERB
cjal-3363	80	27	privatization	privatization	NOUN
cjal-3363	80	28	decisions	decision	NOUN
cjal-3363	80	29	,	,	PUNCT
cjal-3363	80	30	many	many	ADJ
cjal-3363	80	31	of	of	ADP
cjal-3363	80	32	them	they	PRON
cjal-3363	80	33	have	have	AUX
cjal-3363	80	34	failed	fail	VERB
cjal-3363	80	35	to	to	PART
cjal-3363	80	36	stop	stop	VERB
cjal-3363	80	37	the	the	DET
cjal-3363	80	38	tide	tide	NOUN
cjal-3363	80	39	of	of	ADP
cjal-3363	80	40	privatization	privatization	NOUN
cjal-3363	80	41	in	in	ADP
cjal-3363	80	42	many	many	ADJ
cjal-3363	80	43	sectors	sector	NOUN
cjal-3363	80	44	in	in	ADP
cjal-3363	80	45	china.9	china.9	PROPN
cjal-3363	80	46	in	in	ADP
cjal-3363	80	47	addition	addition	NOUN
cjal-3363	80	48	,	,	PUNCT
cjal-3363	80	49	private	private	ADJ
cjal-3363	80	50	enterprises	enterprise	NOUN
cjal-3363	80	51	are	be	AUX
cjal-3363	80	52	also	also	ADV
cjal-3363	80	53	capable	capable	ADJ
cjal-3363	80	54	of	of	ADP
cjal-3363	80	55	capturing	capture	VERB
cjal-3363	80	56	the	the	DET
cjal-3363	80	57	government	government	NOUN
cjal-3363	80	58	to	to	PART
cjal-3363	80	59	gain	gain	VERB
cjal-3363	80	60	access	access	NOUN
cjal-3363	80	61	to	to	ADP
cjal-3363	80	62	markets	market	NOUN
cjal-3363	80	63	and	and	CCONJ
cjal-3363	80	64	obtain	obtain	VERB
cjal-3363	80	65	subsidies.10	subsidies.10	NOUN
cjal-3363	80	66	the	the	DET
cjal-3363	80	67	ability	ability	NOUN
cjal-3363	80	68	of	of	ADP
cjal-3363	80	69	soes	soe	NOUN
cjal-3363	80	70	to	to	PART
cjal-3363	80	71	capture	capture	VERB
cjal-3363	80	72	government	government	NOUN
cjal-3363	80	73	does	do	AUX
cjal-3363	80	74	not	not	PART
cjal-3363	80	75	fully	fully	ADV
cjal-3363	80	76	explain	explain	VERB
cjal-3363	80	77	today	today	NOUN
cjal-3363	80	78	’s	’s	PART
cjal-3363	80	79	uneven	uneven	ADJ
cjal-3363	80	80	distribution	distribution	NOUN
cjal-3363	80	81	of	of	ADP
cjal-3363	80	82	soes	soe	NOUN
cjal-3363	80	83	across	across	ADP
cjal-3363	80	84	industries.11	industries.11	NOUN
cjal-3363	80	85	another	another	DET
cjal-3363	80	86	possible	possible	ADJ
cjal-3363	80	87	alternative	alternative	ADJ
cjal-3363	80	88	explanation	explanation	NOUN
cjal-3363	80	89	for	for	ADP
cjal-3363	80	90	the	the	DET
cjal-3363	80	91	prevalence	prevalence	NOUN
cjal-3363	80	92	of	of	ADP
cjal-3363	80	93	soes	soe	NOUN
cjal-3363	80	94	is	be	AUX
cjal-3363	80	95	that	that	SCONJ
cjal-3363	80	96	they	they	PRON
cjal-3363	80	97	gained	gain	VERB
cjal-3363	80	98	dominance	dominance	NOUN
cjal-3363	80	99	because	because	SCONJ
cjal-3363	80	100	of	of	ADP
cjal-3363	80	101	ideological	ideological	ADJ
cjal-3363	80	102	reasons	reason	NOUN
cjal-3363	80	103	–	–	PUNCT
cjal-3363	80	104	the	the	DET
cjal-3363	80	105	state	state	NOUN
cjal-3363	80	106	has	have	AUX
cjal-3363	80	107	held	hold	VERB
cjal-3363	80	108	strong	strong	ADJ
cjal-3363	80	109	ideological	ideological	ADJ
cjal-3363	80	110	preference	preference	NOUN
cjal-3363	80	111	in	in	ADP
cjal-3363	80	112	favor	favor	NOUN
cjal-3363	80	113	of	of	ADP
cjal-3363	80	114	soes.12	soes.12	NOUN
cjal-3363	80	115	however	however	ADV
cjal-3363	80	116	,	,	PUNCT
cjal-3363	80	117	privatization	privatization	NOUN
cjal-3363	80	118	has	have	AUX
cjal-3363	80	119	succeeded	succeed	VERB
cjal-3363	80	120	in	in	ADP
cjal-3363	80	121	many	many	ADJ
cjal-3363	80	122	sectors	sector	NOUN
cjal-3363	80	123	of	of	ADP
cjal-3363	80	124	the	the	DET
cjal-3363	80	125	economy	economy	NOUN
cjal-3363	80	126	,	,	PUNCT
cjal-3363	80	127	suggesting	suggest	VERB
cjal-3363	80	128	that	that	SCONJ
cjal-3363	80	129	political	political	ADJ
cjal-3363	80	130	ideologies	ideology	NOUN
cjal-3363	80	131	did	do	AUX
cjal-3363	80	132	not	not	PART
cjal-3363	80	133	constrain	constrain	VERB
cjal-3363	80	134	china	china	PROPN
cjal-3363	80	135	in	in	ADP
cjal-3363	80	136	its	its	PRON
cjal-3363	80	137	decisions	decision	NOUN
cjal-3363	80	138	to	to	PART
cjal-3363	80	139	privatize	privatize	VERB
cjal-3363	80	140	,	,	PUNCT
cjal-3363	80	141	at	at	ADP
cjal-3363	80	142	least	least	ADJ
cjal-3363	80	143	in	in	ADP
cjal-3363	80	144	some	some	DET
cjal-3363	80	145	sectors.13	sectors.13	NOUN
cjal-3363	80	146	furthermore	furthermore	ADV
cjal-3363	80	147	,	,	PUNCT
cjal-3363	80	148	although	although	SCONJ
cjal-3363	80	149	china	china	PROPN
cjal-3363	80	150	has	have	AUX
cjal-3363	80	151	decided	decide	VERB
cjal-3363	80	152	to	to	PART
cjal-3363	80	153	maintain	maintain	VERB
cjal-3363	80	154	soes	soe	NOUN
cjal-3363	80	155	in	in	ADP
cjal-3363	80	156	sectors	sector	NOUN
cjal-3363	80	157	that	that	PRON
cjal-3363	80	158	are	be	AUX
cjal-3363	80	159	considered	consider	VERB
cjal-3363	80	160	important	important	ADJ
cjal-3363	80	161	for	for	ADP
cjal-3363	80	162	national	national	ADJ
cjal-3363	80	163	security	security	NOUN
cjal-3363	80	164	or	or	CCONJ
cjal-3363	80	165	the	the	DET
cjal-3363	80	166	national	national	ADJ
cjal-3363	80	167	economy,14	economy,14	ADV
cjal-3363	80	168	some	some	PRON
cjal-3363	80	169	of	of	ADP
cjal-3363	80	170	them	they	PRON
cjal-3363	80	171	have	have	AUX
cjal-3363	80	172	also	also	ADV
cjal-3363	80	173	been	be	AUX
cjal-3363	80	174	partly	partly	ADV
cjal-3363	80	175	privatized	privatize	VERB
cjal-3363	80	176	;	;	PUNCT
cjal-3363	80	177	while	while	SCONJ
cjal-3363	80	178	in	in	ADP
cjal-3363	80	179	some	some	DET
cjal-3363	80	180	sectors	sector	NOUN
cjal-3363	80	181	not	not	PART
cjal-3363	80	182	considered	consider	VERB
cjal-3363	80	183	economically	economically	ADV
cjal-3363	80	184	important	important	ADJ
cjal-3363	80	185	,	,	PUNCT
cjal-3363	80	186	such	such	ADJ
cjal-3363	80	187	as	as	ADP
cjal-3363	80	188	the	the	DET
cjal-3363	80	189	water	water	NOUN
cjal-3363	80	190	utility	utility	NOUN
cjal-3363	80	191	8	8	NUM
cjal-3363	80	192	milhaupt	milhaupt	NOUN
cjal-3363	80	193	&	&	CCONJ
cjal-3363	80	194	zheng	zheng	PROPN
cjal-3363	80	195	,	,	PUNCT
cjal-3363	80	196	supra	supra	PROPN
cjal-3363	80	197	note	note	PROPN
cjal-3363	80	198	7	7	NUM
cjal-3363	80	199	,	,	PUNCT
cjal-3363	80	200	at	at	ADP
cjal-3363	80	201	691	691	NUM
cjal-3363	80	202	.	.	PUNCT
cjal-3363	81	1	9	9	NUM
cjal-3363	81	2	most	most	ADJ
cjal-3363	81	3	manufacturing	manufacture	VERB
cjal-3363	81	4	sectors	sector	NOUN
cjal-3363	81	5	are	be	AUX
cjal-3363	81	6	dominated	dominate	VERB
cjal-3363	81	7	by	by	ADP
cjal-3363	81	8	private	private	ADJ
cjal-3363	81	9	enterprises	enterprise	NOUN
cjal-3363	81	10	.	.	PUNCT
cjal-3363	82	1	many	many	ADJ
cjal-3363	82	2	large	large	ADJ
cjal-3363	82	3	internet	internet	NOUN
cjal-3363	82	4	corporations	corporation	NOUN
cjal-3363	82	5	,	,	PUNCT
cjal-3363	82	6	such	such	ADJ
cjal-3363	82	7	as	as	ADP
cjal-3363	82	8	alibaba	alibaba	PROPN
cjal-3363	82	9	and	and	CCONJ
cjal-3363	82	10	tecent	tecent	NOUN
cjal-3363	82	11	,	,	PUNCT
cjal-3363	82	12	are	be	AUX
cjal-3363	82	13	also	also	ADV
cjal-3363	82	14	privately	privately	ADV
cjal-3363	82	15	owned	own	VERB
cjal-3363	82	16	.	.	PUNCT
cjal-3363	83	1	see	see	VERB
cjal-3363	83	2	infra	infra	NOUN
cjal-3363	83	3	section	section	PROPN
cjal-3363	83	4	ii	ii	PROPN
cjal-3363	83	5	.	.	PUNCT
cjal-3363	84	1	a	a	PRON
cjal-3363	84	2	for	for	ADP
cjal-3363	84	3	a	a	DET
cjal-3363	84	4	detailed	detailed	ADJ
cjal-3363	84	5	discussion	discussion	NOUN
cjal-3363	84	6	.	.	PUNCT
cjal-3363	85	1	10	10	NUM
cjal-3363	86	1	i	i	PRON
cjal-3363	86	2	d.	d.	PROPN
cjal-3363	86	3	11	11	NUM
cjal-3363	86	4	moreover	moreover	ADV
cjal-3363	86	5	,	,	PUNCT
cjal-3363	86	6	china	china	PROPN
cjal-3363	86	7	managed	manage	VERB
cjal-3363	86	8	to	to	PART
cjal-3363	86	9	find	find	VERB
cjal-3363	86	10	ways	way	NOUN
cjal-3363	86	11	to	to	PART
cjal-3363	86	12	compensate	compensate	VERB
cjal-3363	86	13	employees	employee	NOUN
cjal-3363	86	14	of	of	ADP
cjal-3363	86	15	soes	soe	NOUN
cjal-3363	86	16	to	to	PART
cjal-3363	86	17	overcome	overcome	VERB
cjal-3363	86	18	their	their	PRON
cjal-3363	86	19	objections	objection	NOUN
cjal-3363	86	20	,	,	PUNCT
cjal-3363	86	21	through	through	ADP
cjal-3363	86	22	what	what	PRON
cjal-3363	86	23	some	some	DET
cjal-3363	86	24	scholars	scholar	NOUN
cjal-3363	86	25	called	call	VERB
cjal-3363	86	26	“	"	PUNCT
cjal-3363	86	27	reform	reform	NOUN
cjal-3363	86	28	without	without	ADP
cjal-3363	86	29	losers	loser	NOUN
cjal-3363	86	30	.	.	PUNCT
cjal-3363	86	31	”	"	PUNCT
cjal-3363	87	1	lawrence	lawrence	PROPN
cjal-3363	87	2	j.	j.	PROPN
cjal-3363	87	3	lau	lau	PROPN
cjal-3363	87	4	,	,	PUNCT
cjal-3363	87	5	yingyi	yingyi	PROPN
cjal-3363	87	6	qian	qian	PROPN
cjal-3363	87	7	&	&	CCONJ
cjal-3363	87	8	gerard	gerard	PROPN
cjal-3363	87	9	roland	roland	PROPN
cjal-3363	87	10	,	,	PUNCT
cjal-3363	87	11	reform	reform	NOUN
cjal-3363	87	12	without	without	ADP
cjal-3363	87	13	losers	loser	NOUN
cjal-3363	87	14	:	:	PUNCT
cjal-3363	87	15	an	an	DET
cjal-3363	87	16	interpretation	interpretation	NOUN
cjal-3363	87	17	of	of	ADP
cjal-3363	87	18	china	china	PROPN
cjal-3363	87	19	's	's	PART
cjal-3363	87	20	dual	dual	ADJ
cjal-3363	87	21	-	-	PUNCT
cjal-3363	87	22	track	track	NOUN
cjal-3363	87	23	approach	approach	NOUN
cjal-3363	87	24	to	to	ADP
cjal-3363	87	25	transition	transition	NOUN
cjal-3363	87	26	,	,	PUNCT
cjal-3363	87	27	1	1	NUM
cjal-3363	87	28	j.	j.	PROPN
cjal-3363	87	29	pol	pol	PROPN
cjal-3363	87	30	.	.	PUNCT
cjal-3363	87	31	econ	econ	PROPN
cjal-3363	87	32	.	.	PUNCT
cjal-3363	88	1	120	120	NUM
cjal-3363	88	2	(	(	PUNCT
cjal-3363	88	3	2001	2001	NUM
cjal-3363	88	4	)	)	PUNCT
cjal-3363	88	5	.	.	PUNCT
cjal-3363	89	1	it	it	PRON
cjal-3363	89	2	suggests	suggest	VERB
cjal-3363	89	3	that	that	SCONJ
cjal-3363	89	4	it	it	PRON
cjal-3363	89	5	is	be	AUX
cjal-3363	89	6	possible	possible	ADJ
cjal-3363	89	7	to	to	PART
cjal-3363	89	8	devise	devise	VERB
cjal-3363	89	9	a	a	DET
cjal-3363	89	10	privatization	privatization	NOUN
cjal-3363	89	11	scheme	scheme	NOUN
cjal-3363	89	12	that	that	PRON
cjal-3363	89	13	achieves	achieve	VERB
cjal-3363	89	14	a	a	DET
cjal-3363	89	15	pareto	pareto	ADJ
cjal-3363	89	16	efficiency	efficiency	NOUN
cjal-3363	89	17	outcome	outcome	NOUN
cjal-3363	89	18	.	.	PUNCT
cjal-3363	90	1	as	as	SCONJ
cjal-3363	90	2	this	this	DET
cjal-3363	90	3	article	article	NOUN
cjal-3363	90	4	is	be	AUX
cjal-3363	90	5	going	go	VERB
cjal-3363	90	6	to	to	PART
cjal-3363	90	7	show	show	VERB
cjal-3363	90	8	later	later	ADV
cjal-3363	90	9	,	,	PUNCT
cjal-3363	90	10	both	both	CCONJ
cjal-3363	90	11	the	the	DET
cjal-3363	90	12	central	central	ADJ
cjal-3363	90	13	and	and	CCONJ
cjal-3363	90	14	local	local	ADJ
cjal-3363	90	15	governments	government	NOUN
cjal-3363	90	16	in	in	ADP
cjal-3363	90	17	china	china	PROPN
cjal-3363	90	18	consider	consider	VERB
cjal-3363	90	19	economic	economic	ADJ
cjal-3363	90	20	development	development	NOUN
cjal-3363	90	21	to	to	PART
cjal-3363	90	22	be	be	AUX
cjal-3363	90	23	a	a	DET
cjal-3363	90	24	top	top	ADJ
cjal-3363	90	25	priority	priority	NOUN
cjal-3363	90	26	.	.	PUNCT
cjal-3363	91	1	thus	thus	ADV
cjal-3363	91	2	,	,	PUNCT
cjal-3363	91	3	the	the	DET
cjal-3363	91	4	political	political	ADJ
cjal-3363	91	5	problems	problem	NOUN
cjal-3363	91	6	may	may	AUX
cjal-3363	91	7	not	not	PART
cjal-3363	91	8	fully	fully	ADV
cjal-3363	91	9	explain	explain	VERB
cjal-3363	91	10	the	the	DET
cjal-3363	91	11	current	current	ADJ
cjal-3363	91	12	landscape	landscape	NOUN
cjal-3363	91	13	of	of	ADP
cjal-3363	91	14	soes	soe	NOUN
cjal-3363	91	15	.	.	PUNCT
cjal-3363	92	1	see	see	VERB
cjal-3363	92	2	infra	infra	NOUN
cjal-3363	92	3	section	section	NOUN
cjal-3363	92	4	ii.a	ii.a	PROPN
cjal-3363	92	5	.	.	PUNCT
cjal-3363	93	1	for	for	ADP
cjal-3363	93	2	arguments	argument	NOUN
cjal-3363	93	3	indicating	indicate	VERB
cjal-3363	93	4	that	that	SCONJ
cjal-3363	93	5	the	the	DET
cjal-3363	93	6	chinese	chinese	ADJ
cjal-3363	93	7	government	government	NOUN
cjal-3363	93	8	may	may	AUX
cjal-3363	93	9	make	make	VERB
cjal-3363	93	10	political	political	ADJ
cjal-3363	93	11	decisions	decision	NOUN
cjal-3363	93	12	that	that	PRON
cjal-3363	93	13	promote	promote	VERB
cjal-3363	93	14	social	social	ADJ
cjal-3363	93	15	efficiency	efficiency	NOUN
cjal-3363	93	16	,	,	PUNCT
cjal-3363	93	17	see	see	VERB
cjal-3363	93	18	e.g.	e.g.	ADV
cjal-3363	93	19	ronald	ronald	PROPN
cjal-3363	93	20	j.	j.	PROPN
cjal-3363	93	21	gilson	gilson	PROPN
cjal-3363	93	22	&	&	CCONJ
cjal-3363	93	23	curtis	curtis	PROPN
cjal-3363	93	24	j.	j.	PROPN
cjal-3363	93	25	milhaupt	milhaupt	PROPN
cjal-3363	93	26	,	,	PUNCT
cjal-3363	93	27	economically	economically	ADV
cjal-3363	93	28	benevolent	benevolent	ADJ
cjal-3363	93	29	dictators	dictator	NOUN
cjal-3363	93	30	:	:	PUNCT
cjal-3363	93	31	lessons	lesson	NOUN
cjal-3363	93	32	for	for	ADP
cjal-3363	93	33	developing	develop	VERB
cjal-3363	93	34	democracies	democracy	NOUN
cjal-3363	93	35	,	,	PUNCT
cjal-3363	93	36	59	59	NUM
cjal-3363	93	37	am	am	NOUN
cjal-3363	93	38	.	.	PUNCT
cjal-3363	94	1	j.	j.	PROPN
cjal-3363	94	2	comp	comp	PROPN
cjal-3363	94	3	.	.	PUNCT
cjal-3363	95	1	l.	l.	PROPN
cjal-3363	95	2	227	227	NUM
cjal-3363	95	3	,	,	PUNCT
cjal-3363	95	4	262	262	NUM
cjal-3363	95	5	(	(	PUNCT
cjal-3363	95	6	2011	2011	NUM
cjal-3363	95	7	)	)	PUNCT
cjal-3363	95	8	(	(	PUNCT
cjal-3363	95	9	“	"	PUNCT
cjal-3363	95	10	[	[	X
cjal-3363	95	11	t]he	t]he	ADJ
cjal-3363	95	12	party	party	NOUN
cjal-3363	95	13	embedded	embed	VERB
cjal-3363	95	14	high	high	ADJ
cjal-3363	95	15	-	-	PUNCT
cjal-3363	95	16	powered	power	VERB
cjal-3363	95	17	incentives	incentive	NOUN
cjal-3363	95	18	for	for	ADP
cjal-3363	95	19	growth	growth	NOUN
cjal-3363	95	20	within	within	ADP
cjal-3363	95	21	its	its	PRON
cjal-3363	95	22	own	own	ADJ
cjal-3363	95	23	organizational	organizational	ADJ
cjal-3363	95	24	structures	structure	NOUN
cjal-3363	95	25	…	…	PUNCT
cjal-3363	95	26	.	.	PUNCT
cjal-3363	96	1	and	and	CCONJ
cjal-3363	96	2	just	just	ADV
cjal-3363	96	3	as	as	ADP
cjal-3363	96	4	poor	poor	ADJ
cjal-3363	96	5	performance	performance	NOUN
cjal-3363	96	6	of	of	ADP
cjal-3363	96	7	the	the	DET
cjal-3363	96	8	private	private	ADJ
cjal-3363	96	9	equity	equity	NOUN
cjal-3363	96	10	general	general	ADJ
cjal-3363	96	11	partner	partner	NOUN
cjal-3363	96	12	can	can	AUX
cjal-3363	96	13	be	be	AUX
cjal-3363	96	14	punished	punish	VERB
cjal-3363	96	15	by	by	ADP
cjal-3363	96	16	investors	investor	NOUN
cjal-3363	96	17	withdrawing	withdraw	VERB
cjal-3363	96	18	their	their	PRON
cjal-3363	96	19	capital	capital	NOUN
cjal-3363	96	20	at	at	ADP
cjal-3363	96	21	the	the	DET
cjal-3363	96	22	end	end	NOUN
cjal-3363	96	23	of	of	ADP
cjal-3363	96	24	the	the	DET
cjal-3363	96	25	partnership	partnership	NOUN
cjal-3363	96	26	's	's	PART
cjal-3363	96	27	ten	ten	NUM
cjal-3363	96	28	year	year	NOUN
cjal-3363	96	29	term	term	NOUN
cjal-3363	96	30	,	,	PUNCT
cjal-3363	96	31	so	so	ADV
cjal-3363	96	32	the	the	DET
cjal-3363	96	33	communist	communist	PROPN
cjal-3363	96	34	party	party	NOUN
cjal-3363	96	35	's	's	PART
cjal-3363	96	36	role	role	NOUN
cjal-3363	96	37	is	be	AUX
cjal-3363	96	38	hostage	hostage	NOUN
cjal-3363	96	39	to	to	ADP
cjal-3363	96	40	economic	economic	ADJ
cjal-3363	96	41	performance	performance	NOUN
cjal-3363	96	42	;	;	PUNCT
cjal-3363	96	43	poor	poor	ADJ
cjal-3363	96	44	performance	performance	NOUN
cjal-3363	96	45	would	would	AUX
cjal-3363	96	46	threaten	threaten	VERB
cjal-3363	96	47	the	the	DET
cjal-3363	96	48	party	party	NOUN
cjal-3363	96	49	leadership	leadership	NOUN
cjal-3363	96	50	and	and	CCONJ
cjal-3363	96	51	,	,	PUNCT
cjal-3363	96	52	perhaps	perhaps	ADV
cjal-3363	96	53	,	,	PUNCT
cjal-3363	96	54	the	the	DET
cjal-3363	96	55	regime	regime	NOUN
cjal-3363	96	56	itself	itself	PRON
cjal-3363	96	57	.	.	PUNCT
cjal-3363	96	58	”	"	PUNCT
cjal-3363	96	59	)	)	PUNCT
cjal-3363	96	60	.	.	PUNCT
cjal-3363	97	1	12	12	NUM
cjal-3363	97	2	campos	campos	PROPN
cjal-3363	97	3	&	&	CCONJ
cjal-3363	97	4	esfahani	esfahani	PROPN
cjal-3363	97	5	,	,	PUNCT
cjal-3363	97	6	supra	supra	PROPN
cjal-3363	97	7	note	note	NOUN
cjal-3363	97	8	7	7	NUM
cjal-3363	97	9	,	,	PUNCT
cjal-3363	97	10	at	at	ADP
cjal-3363	97	11	477	477	NUM
cjal-3363	97	12	.	.	PUNCT
cjal-3363	98	1	jiangyu	jiangyu	PROPN
cjal-3363	98	2	wang	wang	PROPN
cjal-3363	98	3	,	,	PUNCT
cjal-3363	98	4	the	the	DET
cjal-3363	98	5	political	political	ADJ
cjal-3363	98	6	logic	logic	NOUN
cjal-3363	98	7	of	of	ADP
cjal-3363	98	8	corporate	corporate	ADJ
cjal-3363	98	9	governance	governance	NOUN
cjal-3363	98	10	in	in	ADP
cjal-3363	98	11	china	china	PROPN
cjal-3363	98	12	's	's	PART
cjal-3363	98	13	state	state	NOUN
cjal-3363	98	14	-	-	PUNCT
cjal-3363	98	15	owned	own	VERB
cjal-3363	98	16	enterprises	enterprise	NOUN
cjal-3363	98	17	,	,	PUNCT
cjal-3363	98	18	47	47	NUM
cjal-3363	98	19	cornell	cornell	PROPN
cjal-3363	98	20	int’l	int’l	NUM
cjal-3363	98	21	l.	l.	PROPN
cjal-3363	98	22	j.	j.	PROPN
cjal-3363	98	23	631	631	PROPN
cjal-3363	98	24	,	,	PUNCT
cjal-3363	98	25	639	639	NUM
cjal-3363	98	26	(	(	PUNCT
cjal-3363	98	27	2014	2014	NUM
cjal-3363	98	28	)	)	PUNCT
cjal-3363	98	29	.	.	PUNCT
cjal-3363	99	1	13	13	NUM
cjal-3363	99	2	scholars	scholar	NOUN
cjal-3363	99	3	have	have	AUX
cjal-3363	99	4	argued	argue	VERB
cjal-3363	99	5	that	that	SCONJ
cjal-3363	99	6	chinese	chinese	ADJ
cjal-3363	99	7	state	state	NOUN
cjal-3363	99	8	capitalism	capitalism	NOUN
cjal-3363	99	9	is	be	AUX
cjal-3363	99	10	a	a	DET
cjal-3363	99	11	system	system	NOUN
cjal-3363	99	12	highly	highly	ADV
cjal-3363	99	13	similar	similar	ADJ
cjal-3363	99	14	to	to	ADP
cjal-3363	99	15	other	other	ADJ
cjal-3363	99	16	state	state	NOUN
cjal-3363	99	17	capitalism	capitalism	NOUN
cjal-3363	99	18	in	in	ADP
cjal-3363	99	19	both	both	CCONJ
cjal-3363	99	20	developed	developed	ADJ
cjal-3363	99	21	and	and	CCONJ
cjal-3363	99	22	developing	develop	VERB
cjal-3363	99	23	countries	country	NOUN
cjal-3363	99	24	,	,	PUNCT
cjal-3363	99	25	and	and	CCONJ
cjal-3363	99	26	is	be	AUX
cjal-3363	99	27	different	different	ADJ
cjal-3363	99	28	from	from	ADP
cjal-3363	99	29	the	the	DET
cjal-3363	99	30	state	state	NOUN
cjal-3363	99	31	capitalism	capitalism	NOUN
cjal-3363	99	32	in	in	ADP
cjal-3363	99	33	the	the	DET
cjal-3363	99	34	soviet	soviet	ADJ
cjal-3363	99	35	days	day	NOUN
cjal-3363	99	36	.	.	PUNCT
cjal-3363	100	1	aldo	aldo	PROPN
cjal-3363	100	2	musacchio	musacchio	PROPN
cjal-3363	100	3	,	,	PUNCT
cjal-3363	100	4	and	and	CCONJ
cjal-3363	100	5	sergio	sergio	PROPN
cjal-3363	100	6	g.	g.	PROPN
cjal-3363	100	7	lazzarini	lazzarini	PROPN
cjal-3363	100	8	,	,	PUNCT
cjal-3363	100	9	chinese	chinese	ADJ
cjal-3363	100	10	exceptionalism	exceptionalism	NOUN
cjal-3363	100	11	or	or	CCONJ
cjal-3363	100	12	new	new	ADJ
cjal-3363	100	13	global	global	ADJ
cjal-3363	100	14	varieties	variety	NOUN
cjal-3363	100	15	of	of	ADP
cjal-3363	100	16	state	state	NOUN
cjal-3363	100	17	capitalism	capitalism	NOUN
cjal-3363	100	18	,	,	PUNCT
cjal-3363	100	19	in	in	ADP
cjal-3363	100	20	regulating	regulate	VERB
cjal-3363	100	21	the	the	DET
cjal-3363	100	22	visible	visible	ADJ
cjal-3363	100	23	hand	hand	NOUN
cjal-3363	100	24	?	?	PUNCT
cjal-3363	100	25	:	:	PUNCT
cjal-3363	101	1	the	the	DET
cjal-3363	101	2	institutional	institutional	ADJ
cjal-3363	101	3	implications	implication	NOUN
cjal-3363	101	4	of	of	ADP
cjal-3363	101	5	chinese	chinese	ADJ
cjal-3363	101	6	state	state	NOUN
cjal-3363	101	7	capitalism	capitalism	NOUN
cjal-3363	101	8	(	(	PUNCT
cjal-3363	101	9	benjamin	benjamin	PROPN
cjal-3363	101	10	l.	l.	PROPN
cjal-3363	101	11	liebman	liebman	PROPN
cjal-3363	101	12	&	&	CCONJ
cjal-3363	101	13	curtis	curtis	PROPN
cjal-3363	101	14	j.	j.	PROPN
cjal-3363	101	15	milhaupt	milhaupt	PROPN
cjal-3363	101	16	ed	ed	PROPN
cjal-3363	101	17	.	.	PUNCT
cjal-3363	101	18	)	)	PUNCT
cjal-3363	101	19	404	404	NUM
cjal-3363	101	20	(	(	PUNCT
cjal-3363	101	21	2016	2016	NUM
cjal-3363	101	22	)	)	PUNCT
cjal-3363	101	23	.	.	PUNCT
cjal-3363	102	1	14	14	NUM
cjal-3363	102	2	guanyu	guanyu	PROPN
cjal-3363	102	3	guoyou	guoyou	PROPN
cjal-3363	102	4	qiye	qiye	PROPN
cjal-3363	102	5	gongneng	gongneng	PROPN
cjal-3363	102	6	jieding	jieding	PROPN
cjal-3363	102	7	yu	yu	PROPN
cjal-3363	102	8	fenlei	fenlei	VERB
cjal-3363	102	9	de	de	PROPN
cjal-3363	102	10	zhidao	zhidao	PROPN
cjal-3363	102	11	yijian(关于国有企业功能界定与分类的指导	yijian(关于国有企业功能界定与分类的指导	PROPN
cjal-3363	102	12	意见)[guiding	意见)[guide	VERB
cjal-3363	102	13	opinions	opinion	NOUN
cjal-3363	102	14	on	on	ADP
cjal-3363	102	15	the	the	DET
cjal-3363	102	16	functions	function	NOUN
cjal-3363	102	17	and	and	CCONJ
cjal-3363	102	18	categorization	categorization	NOUN
cjal-3363	102	19	of	of	ADP
cjal-3363	102	20	state	state	NOUN
cjal-3363	102	21	-	-	PUNCT
cjal-3363	102	22	owned	own	VERB
cjal-3363	102	23	enterprises](promulgated	enterprises](promulgate	VERB
cjal-3363	102	24	by	by	ADP
cjal-3363	102	25	the	the	DET
cjal-3363	102	26	state	state	NOUN
cjal-3363	102	27	assets	asset	NOUN
cjal-3363	102	28	supervisory	supervisory	ADJ
cjal-3363	102	29	and	and	CCONJ
cjal-3363	102	30	administrative	administrative	ADJ
cjal-3363	102	31	committee	committee	NOUN
cjal-3363	102	32	,	,	PUNCT
cjal-3363	102	33	the	the	DET
cjal-3363	102	34	treasury	treasury	PROPN
cjal-3363	102	35	department	department	PROPN
cjal-3363	102	36	,	,	PUNCT
cjal-3363	102	37	and	and	CCONJ
cjal-3363	102	38	the	the	DET
cjal-3363	102	39	national	national	PROPN
cjal-3363	102	40	development	development	PROPN
cjal-3363	102	41	and	and	CCONJ
cjal-3363	102	42	reform	reform	PROPN
cjal-3363	102	43	committee	committee	NOUN
cjal-3363	102	44	,	,	PUNCT
cjal-3363	102	45	dec	dec	PROPN
cjal-3363	102	46	.	.	PROPN
cjal-3363	102	47	29	29	NUM
cjal-3363	102	48	,	,	PUNCT
cjal-3363	102	49	2015	2015	NUM
cjal-3363	102	50	)	)	PUNCT
cjal-3363	102	51	.	.	PUNCT
cjal-3363	103	1	2017	2017	NUM
cjal-3363	103	2	]	]	PUNCT
cjal-3363	103	3	state	state	NOUN
cjal-3363	103	4	ownership	ownership	NOUN
cjal-3363	103	5	and	and	CCONJ
cjal-3363	103	6	regulatory	regulatory	ADJ
cjal-3363	103	7	costs	cost	NOUN
cjal-3363	103	8	5	5	NUM
cjal-3363	103	9	sector	sector	NOUN
cjal-3363	103	10	,	,	PUNCT
cjal-3363	103	11	private	private	ADJ
cjal-3363	103	12	enterprises	enterprise	NOUN
cjal-3363	103	13	are	be	AUX
cjal-3363	103	14	still	still	ADV
cjal-3363	103	15	relatively	relatively	ADV
cjal-3363	103	16	rare	rare	ADJ
cjal-3363	103	17	.	.	PUNCT
cjal-3363	104	1	this	this	DET
cjal-3363	104	2	article	article	NOUN
cjal-3363	104	3	presents	present	VERB
cjal-3363	104	4	the	the	DET
cjal-3363	104	5	first	first	ADJ
cjal-3363	104	6	attempt	attempt	NOUN
cjal-3363	104	7	to	to	PART
cjal-3363	104	8	employ	employ	VERB
cjal-3363	104	9	the	the	DET
cjal-3363	104	10	law	law	NOUN
cjal-3363	104	11	and	and	CCONJ
cjal-3363	104	12	economic	economic	ADJ
cjal-3363	104	13	theory	theory	NOUN
cjal-3363	104	14	of	of	ADP
cjal-3363	104	15	the	the	DET
cjal-3363	104	16	ownership	ownership	NOUN
cjal-3363	104	17	of	of	ADP
cjal-3363	104	18	enterprise	enterprise	NOUN
cjal-3363	104	19	to	to	PART
cjal-3363	104	20	provide	provide	VERB
cjal-3363	104	21	an	an	DET
cjal-3363	104	22	efficiency	efficiency	NOUN
cjal-3363	104	23	explanation	explanation	NOUN
cjal-3363	104	24	for	for	ADP
cjal-3363	104	25	the	the	DET
cjal-3363	104	26	prevalence	prevalence	NOUN
cjal-3363	104	27	of	of	ADP
cjal-3363	104	28	soes	soe	NOUN
cjal-3363	104	29	in	in	ADP
cjal-3363	104	30	china.15	china.15	PROPN
cjal-3363	104	31	it	it	PRON
cjal-3363	104	32	argues	argue	VERB
cjal-3363	104	33	that	that	SCONJ
cjal-3363	104	34	state	state	NOUN
cjal-3363	104	35	ownership	ownership	NOUN
cjal-3363	104	36	serves	serve	VERB
cjal-3363	104	37	an	an	DET
cjal-3363	104	38	important	important	ADJ
cjal-3363	104	39	function	function	NOUN
cjal-3363	104	40	in	in	ADP
cjal-3363	104	41	reducing	reduce	VERB
cjal-3363	104	42	what	what	PRON
cjal-3363	104	43	i	i	PRON
cjal-3363	104	44	call	call	VERB
cjal-3363	104	45	“	"	PUNCT
cjal-3363	104	46	regulatory	regulatory	ADJ
cjal-3363	104	47	costs	cost	NOUN
cjal-3363	104	48	,	,	PUNCT
cjal-3363	104	49	”	"	PUNCT
cjal-3363	104	50	which	which	PRON
cjal-3363	104	51	are	be	AUX
cjal-3363	104	52	the	the	DET
cjal-3363	104	53	social	social	ADJ
cjal-3363	104	54	costs	cost	NOUN
cjal-3363	104	55	borne	bear	VERB
cjal-3363	104	56	by	by	ADP
cjal-3363	104	57	the	the	DET
cjal-3363	104	58	state	state	NOUN
cjal-3363	104	59	or	or	CCONJ
cjal-3363	104	60	the	the	DET
cjal-3363	104	61	enterprise	enterprise	NOUN
cjal-3363	104	62	in	in	ADP
cjal-3363	104	63	a	a	DET
cjal-3363	104	64	regulatory	regulatory	ADJ
cjal-3363	104	65	relationship	relationship	NOUN
cjal-3363	104	66	,	,	PUNCT
cjal-3363	104	67	including	include	VERB
cjal-3363	104	68	enactment	enactment	NOUN
cjal-3363	104	69	costs	cost	NOUN
cjal-3363	104	70	,	,	PUNCT
cjal-3363	104	71	enforcement	enforcement	NOUN
cjal-3363	104	72	costs	cost	NOUN
cjal-3363	104	73	,	,	PUNCT
cjal-3363	104	74	and	and	CCONJ
cjal-3363	104	75	costs	cost	NOUN
cjal-3363	104	76	of	of	ADP
cjal-3363	104	77	opportunistic	opportunistic	ADJ
cjal-3363	104	78	actions	action	NOUN
cjal-3363	104	79	.	.	PUNCT
cjal-3363	105	1	they	they	PRON
cjal-3363	105	2	arise	arise	VERB
cjal-3363	105	3	because	because	SCONJ
cjal-3363	105	4	of	of	ADP
cjal-3363	105	5	bounded	bounded	ADJ
cjal-3363	105	6	rationality	rationality	NOUN
cjal-3363	105	7	,	,	PUNCT
cjal-3363	105	8	asset	asset	NOUN
cjal-3363	105	9	specificity	specificity	NOUN
cjal-3363	105	10	,	,	PUNCT
cjal-3363	105	11	and	and	CCONJ
cjal-3363	105	12	opportunism	opportunism	NOUN
cjal-3363	105	13	.	.	PUNCT
cjal-3363	106	1	privatization	privatization	NOUN
cjal-3363	106	2	would	would	AUX
cjal-3363	106	3	meet	meet	VERB
cjal-3363	106	4	with	with	ADP
cjal-3363	106	5	difficulties	difficulty	NOUN
cjal-3363	106	6	if	if	SCONJ
cjal-3363	106	7	these	these	DET
cjal-3363	106	8	costs	cost	NOUN
cjal-3363	106	9	were	be	AUX
cjal-3363	106	10	too	too	ADV
cjal-3363	106	11	high	high	ADJ
cjal-3363	106	12	.	.	PUNCT
cjal-3363	107	1	one	one	NUM
cjal-3363	107	2	major	major	ADJ
cjal-3363	107	3	problem	problem	NOUN
cjal-3363	107	4	with	with	ADP
cjal-3363	107	5	privatization	privatization	NOUN
cjal-3363	107	6	in	in	ADP
cjal-3363	107	7	such	such	ADJ
cjal-3363	107	8	context	context	NOUN
cjal-3363	107	9	is	be	AUX
cjal-3363	107	10	that	that	SCONJ
cjal-3363	107	11	the	the	DET
cjal-3363	107	12	state	state	NOUN
cjal-3363	107	13	lacks	lack	VERB
cjal-3363	107	14	sufficient	sufficient	ADJ
cjal-3363	107	15	experience	experience	NOUN
cjal-3363	107	16	and	and	CCONJ
cjal-3363	107	17	knowledge	knowledge	NOUN
cjal-3363	107	18	,	,	PUNCT
cjal-3363	107	19	and	and	CCONJ
cjal-3363	107	20	thus	thus	ADV
cjal-3363	107	21	can	can	AUX
cjal-3363	107	22	not	not	PART
cjal-3363	107	23	fully	fully	ADV
cjal-3363	107	24	foresee	foresee	VERB
cjal-3363	107	25	future	future	ADJ
cjal-3363	107	26	circumstances	circumstance	NOUN
cjal-3363	107	27	that	that	PRON
cjal-3363	107	28	may	may	AUX
cjal-3363	107	29	demand	demand	VERB
cjal-3363	107	30	regulation	regulation	NOUN
cjal-3363	107	31	.	.	PUNCT
cjal-3363	108	1	partly	partly	ADV
cjal-3363	108	2	because	because	SCONJ
cjal-3363	108	3	of	of	ADP
cjal-3363	108	4	this	this	DET
cjal-3363	108	5	inability	inability	NOUN
cjal-3363	108	6	to	to	PART
cjal-3363	108	7	make	make	VERB
cjal-3363	108	8	comprehensive	comprehensive	ADJ
cjal-3363	108	9	regulatory	regulatory	ADJ
cjal-3363	108	10	rules	rule	NOUN
cjal-3363	108	11	,	,	PUNCT
cjal-3363	108	12	the	the	DET
cjal-3363	108	13	state	state	NOUN
cjal-3363	108	14	is	be	AUX
cjal-3363	108	15	afraid	afraid	ADJ
cjal-3363	108	16	of	of	ADP
cjal-3363	108	17	losing	lose	VERB
cjal-3363	108	18	control	control	NOUN
cjal-3363	108	19	and	and	CCONJ
cjal-3363	108	20	as	as	ADP
cjal-3363	108	21	a	a	DET
cjal-3363	108	22	result	result	NOUN
cjal-3363	108	23	,	,	PUNCT
cjal-3363	108	24	fails	fail	VERB
cjal-3363	108	25	to	to	PART
cjal-3363	108	26	develop	develop	VERB
cjal-3363	108	27	strong	strong	ADJ
cjal-3363	108	28	legal	legal	ADJ
cjal-3363	108	29	institutions	institution	NOUN
cjal-3363	108	30	that	that	PRON
cjal-3363	108	31	would	would	AUX
cjal-3363	108	32	enable	enable	VERB
cjal-3363	108	33	it	it	PRON
cjal-3363	108	34	to	to	PART
cjal-3363	108	35	make	make	VERB
cjal-3363	108	36	credible	credible	ADJ
cjal-3363	108	37	commitments	commitment	NOUN
cjal-3363	108	38	.	.	PUNCT
cjal-3363	109	1	many	many	ADJ
cjal-3363	109	2	soes	soe	NOUN
cjal-3363	109	3	in	in	ADP
cjal-3363	109	4	china	china	PROPN
cjal-3363	109	5	operate	operate	VERB
cjal-3363	109	6	in	in	ADP
cjal-3363	109	7	regulated	regulated	ADJ
cjal-3363	109	8	industries	industry	NOUN
cjal-3363	109	9	,	,	PUNCT
cjal-3363	109	10	which	which	PRON
cjal-3363	109	11	can	can	AUX
cjal-3363	109	12	not	not	PART
cjal-3363	109	13	easily	easily	ADV
cjal-3363	109	14	be	be	AUX
cjal-3363	109	15	privatized	privatize	VERB
cjal-3363	109	16	because	because	SCONJ
cjal-3363	109	17	the	the	DET
cjal-3363	109	18	related	relate	VERB
cjal-3363	109	19	regulatory	regulatory	ADJ
cjal-3363	109	20	capacity	capacity	NOUN
cjal-3363	109	21	takes	take	VERB
cjal-3363	109	22	time	time	NOUN
cjal-3363	109	23	to	to	PART
cjal-3363	109	24	develop	develop	VERB
cjal-3363	109	25	.	.	PUNCT
cjal-3363	110	1	16	16	NUM
cjal-3363	110	2	15	15	NUM
cjal-3363	110	3	according	accord	VERB
cjal-3363	110	4	to	to	ADP
cjal-3363	110	5	the	the	DET
cjal-3363	110	6	law	law	NOUN
cjal-3363	110	7	and	and	CCONJ
cjal-3363	110	8	economic	economic	ADJ
cjal-3363	110	9	theory	theory	NOUN
cjal-3363	110	10	of	of	ADP
cjal-3363	110	11	the	the	DET
cjal-3363	110	12	ownership	ownership	NOUN
cjal-3363	110	13	of	of	ADP
cjal-3363	110	14	enterprise	enterprise	NOUN
cjal-3363	110	15	,	,	PUNCT
cjal-3363	110	16	ownership	ownership	NOUN
cjal-3363	110	17	serves	serve	VERB
cjal-3363	110	18	an	an	DET
cjal-3363	110	19	important	important	ADJ
cjal-3363	110	20	function	function	NOUN
cjal-3363	110	21	of	of	ADP
cjal-3363	110	22	reducing	reduce	VERB
cjal-3363	110	23	transaction	transaction	NOUN
cjal-3363	110	24	costs	cost	NOUN
cjal-3363	110	25	.	.	PUNCT
cjal-3363	111	1	for	for	ADP
cjal-3363	111	2	example	example	NOUN
cjal-3363	111	3	,	,	PUNCT
cjal-3363	111	4	investor	investor	NOUN
cjal-3363	111	5	ownership	ownership	NOUN
cjal-3363	111	6	of	of	ADP
cjal-3363	111	7	firms	firm	NOUN
cjal-3363	111	8	reduces	reduce	VERB
cjal-3363	111	9	the	the	DET
cjal-3363	111	10	transaction	transaction	NOUN
cjal-3363	111	11	costs	cost	NOUN
cjal-3363	111	12	between	between	ADP
cjal-3363	111	13	investors	investor	NOUN
cjal-3363	111	14	and	and	CCONJ
cjal-3363	111	15	firms	firm	NOUN
cjal-3363	111	16	.	.	PUNCT
cjal-3363	112	1	employee	employee	NOUN
cjal-3363	112	2	ownership	ownership	NOUN
cjal-3363	112	3	reduces	reduce	VERB
cjal-3363	112	4	the	the	DET
cjal-3363	112	5	transaction	transaction	NOUN
cjal-3363	112	6	costs	cost	NOUN
cjal-3363	112	7	between	between	ADP
cjal-3363	112	8	employees	employee	NOUN
cjal-3363	112	9	and	and	CCONJ
cjal-3363	112	10	firms	firm	NOUN
cjal-3363	112	11	.	.	PUNCT
cjal-3363	113	1	one	one	NUM
cjal-3363	113	2	of	of	ADP
cjal-3363	113	3	the	the	DET
cjal-3363	113	4	determining	determine	VERB
cjal-3363	113	5	factors	factor	NOUN
cjal-3363	113	6	for	for	ADP
cjal-3363	113	7	the	the	DET
cjal-3363	113	8	allocation	allocation	NOUN
cjal-3363	113	9	of	of	ADP
cjal-3363	113	10	ownership	ownership	NOUN
cjal-3363	113	11	thus	thus	ADV
cjal-3363	113	12	is	be	AUX
cjal-3363	113	13	the	the	DET
cjal-3363	113	14	size	size	NOUN
cjal-3363	113	15	of	of	ADP
cjal-3363	113	16	transaction	transaction	NOUN
cjal-3363	113	17	costs	cost	NOUN
cjal-3363	113	18	between	between	ADP
cjal-3363	113	19	firms	firm	NOUN
cjal-3363	113	20	and	and	CCONJ
cjal-3363	113	21	their	their	PRON
cjal-3363	113	22	different	different	ADJ
cjal-3363	113	23	“	"	PUNCT
cjal-3363	113	24	patrons	patron	NOUN
cjal-3363	113	25	”	"	PUNCT
cjal-3363	113	26	.	.	PUNCT
cjal-3363	114	1	in	in	ADP
cjal-3363	114	2	some	some	DET
cjal-3363	114	3	special	special	ADJ
cjal-3363	114	4	firms	firm	NOUN
cjal-3363	114	5	,	,	PUNCT
cjal-3363	114	6	such	such	ADJ
cjal-3363	114	7	as	as	ADP
cjal-3363	114	8	law	law	NOUN
cjal-3363	114	9	firms	firm	NOUN
cjal-3363	114	10	,	,	PUNCT
cjal-3363	114	11	employee	employee	NOUN
cjal-3363	114	12	ownership	ownership	NOUN
cjal-3363	114	13	is	be	AUX
cjal-3363	114	14	more	more	ADV
cjal-3363	114	15	efficient	efficient	ADJ
cjal-3363	114	16	than	than	ADP
cjal-3363	114	17	investor	investor	NOUN
cjal-3363	114	18	ownership	ownership	NOUN
cjal-3363	114	19	because	because	SCONJ
cjal-3363	114	20	the	the	DET
cjal-3363	114	21	transaction	transaction	NOUN
cjal-3363	114	22	costs	cost	VERB
cjal-3363	114	23	between	between	ADP
cjal-3363	114	24	employees	employee	NOUN
cjal-3363	114	25	and	and	CCONJ
cjal-3363	114	26	firms	firm	NOUN
cjal-3363	114	27	may	may	AUX
cjal-3363	114	28	be	be	AUX
cjal-3363	114	29	high	high	ADJ
cjal-3363	114	30	.	.	PUNCT
cjal-3363	115	1	by	by	ADP
cjal-3363	115	2	comparison	comparison	NOUN
cjal-3363	115	3	,	,	PUNCT
cjal-3363	115	4	law	law	NOUN
cjal-3363	115	5	firms	firm	NOUN
cjal-3363	115	6	do	do	AUX
cjal-3363	115	7	not	not	PART
cjal-3363	115	8	need	need	VERB
cjal-3363	115	9	a	a	DET
cjal-3363	115	10	significant	significant	ADJ
cjal-3363	115	11	amount	amount	NOUN
cjal-3363	115	12	of	of	ADP
cjal-3363	115	13	fixed	fix	VERB
cjal-3363	115	14	asset	asset	NOUN
cjal-3363	115	15	investment	investment	NOUN
cjal-3363	115	16	and	and	CCONJ
cjal-3363	115	17	thus	thus	ADV
cjal-3363	115	18	have	have	VERB
cjal-3363	115	19	lower	low	ADJ
cjal-3363	115	20	transaction	transaction	NOUN
cjal-3363	115	21	costs	cost	NOUN
cjal-3363	115	22	with	with	ADP
cjal-3363	115	23	finance	finance	NOUN
cjal-3363	115	24	providers	provider	NOUN
cjal-3363	115	25	.	.	PUNCT
cjal-3363	116	1	thus	thus	ADV
cjal-3363	116	2	,	,	PUNCT
cjal-3363	116	3	allowing	allow	VERB
cjal-3363	116	4	lawyers	lawyer	NOUN
cjal-3363	116	5	to	to	PART
cjal-3363	116	6	own	own	VERB
cjal-3363	116	7	law	law	NOUN
cjal-3363	116	8	firms	firm	NOUN
cjal-3363	116	9	is	be	AUX
cjal-3363	116	10	more	more	ADV
cjal-3363	116	11	efficient	efficient	ADJ
cjal-3363	116	12	compared	compare	VERB
cjal-3363	116	13	with	with	ADP
cjal-3363	116	14	investor	investor	NOUN
cjal-3363	116	15	ownership	ownership	NOUN
cjal-3363	116	16	.	.	PUNCT
cjal-3363	117	1	another	another	DET
cjal-3363	117	2	determining	determine	VERB
cjal-3363	117	3	factor	factor	NOUN
cjal-3363	117	4	is	be	AUX
cjal-3363	117	5	ownership	ownership	NOUN
cjal-3363	117	6	cost	cost	NOUN
cjal-3363	117	7	.	.	PUNCT
cjal-3363	118	1	different	different	ADJ
cjal-3363	118	2	types	type	NOUN
cjal-3363	118	3	of	of	ADP
cjal-3363	118	4	owners	owner	NOUN
cjal-3363	118	5	may	may	AUX
cjal-3363	118	6	incur	incur	VERB
cjal-3363	118	7	different	different	ADJ
cjal-3363	118	8	level	level	NOUN
cjal-3363	118	9	of	of	ADP
cjal-3363	118	10	ownership	ownership	NOUN
cjal-3363	118	11	costs	cost	NOUN
cjal-3363	118	12	.	.	PUNCT
cjal-3363	119	1	hansmann	hansmann	PROPN
cjal-3363	119	2	uses	use	VERB
cjal-3363	119	3	transaction	transaction	NOUN
cjal-3363	119	4	and	and	CCONJ
cjal-3363	119	5	ownership	ownership	NOUN
cjal-3363	119	6	costs	cost	NOUN
cjal-3363	119	7	to	to	PART
cjal-3363	119	8	explain	explain	VERB
cjal-3363	119	9	various	various	ADJ
cjal-3363	119	10	types	type	NOUN
cjal-3363	119	11	of	of	ADP
cjal-3363	119	12	ownership	ownership	NOUN
cjal-3363	119	13	,	,	PUNCT
cjal-3363	119	14	including	include	VERB
cjal-3363	119	15	investor	investor	NOUN
cjal-3363	119	16	ownership	ownership	NOUN
cjal-3363	119	17	,	,	PUNCT
cjal-3363	119	18	employee	employee	NOUN
cjal-3363	119	19	ownership	ownership	NOUN
cjal-3363	119	20	,	,	PUNCT
cjal-3363	119	21	and	and	CCONJ
cjal-3363	119	22	consumer	consumer	NOUN
cjal-3363	119	23	ownership	ownership	NOUN
cjal-3363	119	24	.	.	PUNCT
cjal-3363	120	1	see	see	VERB
cjal-3363	120	2	generally	generally	ADV
cjal-3363	120	3	henry	henry	PROPN
cjal-3363	120	4	hansmann	hansmann	PROPN
cjal-3363	120	5	,	,	PUNCT
cjal-3363	120	6	ownership	ownership	NOUN
cjal-3363	120	7	of	of	ADP
cjal-3363	120	8	the	the	DET
cjal-3363	120	9	firm	firm	NOUN
cjal-3363	120	10	,	,	PUNCT
cjal-3363	120	11	4	4	NUM
cjal-3363	120	12	.	.	PUNCT
cjal-3363	120	13	j.	j.	PROPN
cjal-3363	120	14	l.	l.	PROPN
cjal-3363	120	15	econ	econ	PROPN
cjal-3363	120	16	&	&	CCONJ
cjal-3363	120	17	org	org	PROPN
cjal-3363	120	18	.	.	PUNCT
cjal-3363	121	1	267	267	NUM
cjal-3363	121	2	(	(	PUNCT
cjal-3363	121	3	1988	1988	NUM
cjal-3363	121	4	)	)	PUNCT
cjal-3363	121	5	.	.	PUNCT
cjal-3363	122	1	this	this	DET
cjal-3363	122	2	article	article	NOUN
cjal-3363	122	3	expands	expand	VERB
cjal-3363	122	4	upon	upon	SCONJ
cjal-3363	122	5	this	this	DET
cjal-3363	122	6	framework	framework	NOUN
cjal-3363	122	7	to	to	PART
cjal-3363	122	8	explain	explain	VERB
cjal-3363	122	9	state	state	NOUN
cjal-3363	122	10	ownership	ownership	NOUN
cjal-3363	122	11	.	.	PUNCT
cjal-3363	123	1	it	it	PRON
cjal-3363	123	2	argues	argue	VERB
cjal-3363	123	3	that	that	SCONJ
cjal-3363	123	4	state	state	NOUN
cjal-3363	123	5	ownership	ownership	NOUN
cjal-3363	123	6	serves	serve	VERB
cjal-3363	123	7	a	a	DET
cjal-3363	123	8	similar	similar	ADJ
cjal-3363	123	9	function	function	NOUN
cjal-3363	123	10	,	,	PUNCT
cjal-3363	123	11	although	although	SCONJ
cjal-3363	123	12	the	the	DET
cjal-3363	123	13	“	"	PUNCT
cjal-3363	123	14	transaction	transaction	NOUN
cjal-3363	123	15	”	"	PUNCT
cjal-3363	123	16	between	between	ADP
cjal-3363	123	17	the	the	DET
cjal-3363	123	18	state	state	NOUN
cjal-3363	123	19	and	and	CCONJ
cjal-3363	123	20	enterprise	enterprise	NOUN
cjal-3363	123	21	is	be	AUX
cjal-3363	123	22	usually	usually	ADV
cjal-3363	123	23	regulation	regulation	NOUN
cjal-3363	123	24	.	.	PUNCT
cjal-3363	124	1	16	16	NUM
cjal-3363	124	2	for	for	ADP
cjal-3363	124	3	example	example	NOUN
cjal-3363	124	4	,	,	PUNCT
cjal-3363	124	5	in	in	ADP
cjal-3363	124	6	regulating	regulate	VERB
cjal-3363	124	7	the	the	DET
cjal-3363	124	8	price	price	NOUN
cjal-3363	124	9	of	of	ADP
cjal-3363	124	10	goods	good	NOUN
cjal-3363	124	11	produced	produce	VERB
cjal-3363	124	12	by	by	ADP
cjal-3363	124	13	a	a	DET
cjal-3363	124	14	natural	natural	ADJ
cjal-3363	124	15	monopoly	monopoly	NOUN
cjal-3363	124	16	,	,	PUNCT
cjal-3363	124	17	say	say	VERB
cjal-3363	124	18	,	,	PUNCT
cjal-3363	124	19	a	a	DET
cjal-3363	124	20	water	water	NOUN
cjal-3363	124	21	utility	utility	NOUN
cjal-3363	124	22	company	company	NOUN
cjal-3363	124	23	,	,	PUNCT
cjal-3363	124	24	the	the	DET
cjal-3363	124	25	state	state	NOUN
cjal-3363	124	26	often	often	ADV
cjal-3363	124	27	uses	use	VERB
cjal-3363	124	28	a	a	DET
cjal-3363	124	29	cost	cost	NOUN
cjal-3363	124	30	-	-	PUNCT
cjal-3363	124	31	of	of	ADP
cjal-3363	124	32	-	-	PUNCT
cjal-3363	124	33	service	service	NOUN
cjal-3363	124	34	regulation	regulation	NOUN
cjal-3363	124	35	–	–	PUNCT
cjal-3363	124	36	setting	set	VERB
cjal-3363	124	37	the	the	DET
cjal-3363	124	38	price	price	NOUN
cjal-3363	124	39	at	at	ADP
cjal-3363	124	40	a	a	DET
cjal-3363	124	41	level	level	NOUN
cjal-3363	124	42	that	that	PRON
cjal-3363	124	43	allows	allow	VERB
cjal-3363	124	44	the	the	DET
cjal-3363	124	45	natural	natural	ADJ
cjal-3363	124	46	monopoly	monopoly	NOUN
cjal-3363	124	47	to	to	PART
cjal-3363	124	48	recover	recover	VERB
cjal-3363	124	49	its	its	PRON
cjal-3363	124	50	costs	cost	NOUN
cjal-3363	124	51	in	in	ADP
cjal-3363	124	52	producing	produce	VERB
cjal-3363	124	53	the	the	DET
cjal-3363	124	54	goods	good	NOUN
cjal-3363	124	55	and	and	CCONJ
cjal-3363	124	56	gaining	gain	VERB
cjal-3363	124	57	a	a	DET
cjal-3363	124	58	fair	fair	ADJ
cjal-3363	124	59	rate	rate	NOUN
cjal-3363	124	60	of	of	ADP
cjal-3363	124	61	return	return	NOUN
cjal-3363	124	62	.	.	PUNCT
cjal-3363	125	1	in	in	ADP
cjal-3363	125	2	enacting	enact	VERB
cjal-3363	125	3	the	the	DET
cjal-3363	125	4	regulatory	regulatory	ADJ
cjal-3363	125	5	rules	rule	NOUN
cjal-3363	125	6	,	,	PUNCT
cjal-3363	125	7	however	however	ADV
cjal-3363	125	8	,	,	PUNCT
cjal-3363	125	9	the	the	DET
cjal-3363	125	10	state	state	NOUN
cjal-3363	125	11	faces	face	VERB
cjal-3363	125	12	the	the	DET
cjal-3363	125	13	problem	problem	NOUN
cjal-3363	125	14	of	of	ADP
cjal-3363	125	15	how	how	SCONJ
cjal-3363	125	16	to	to	PART
cjal-3363	125	17	calculate	calculate	VERB
cjal-3363	125	18	the	the	DET
cjal-3363	125	19	costs	cost	NOUN
cjal-3363	125	20	of	of	ADP
cjal-3363	125	21	water	water	NOUN
cjal-3363	125	22	supply	supply	NOUN
cjal-3363	125	23	,	,	PUNCT
cjal-3363	125	24	including	include	VERB
cjal-3363	125	25	for	for	ADP
cjal-3363	125	26	example	example	NOUN
cjal-3363	125	27	,	,	PUNCT
cjal-3363	125	28	employee	employee	NOUN
cjal-3363	125	29	salaries	salary	NOUN
cjal-3363	125	30	,	,	PUNCT
cjal-3363	125	31	executive	executive	ADJ
cjal-3363	125	32	compensation	compensation	NOUN
cjal-3363	125	33	,	,	PUNCT
cjal-3363	125	34	and	and	CCONJ
cjal-3363	125	35	depreciation	depreciation	NOUN
cjal-3363	125	36	of	of	ADP
cjal-3363	125	37	assets	asset	NOUN
cjal-3363	125	38	.	.	PUNCT
cjal-3363	126	1	to	to	PART
cjal-3363	126	2	enforce	enforce	VERB
cjal-3363	126	3	the	the	DET
cjal-3363	126	4	rules	rule	NOUN
cjal-3363	126	5	,	,	PUNCT
cjal-3363	126	6	the	the	DET
cjal-3363	126	7	state	state	NOUN
cjal-3363	126	8	needs	need	VERB
cjal-3363	126	9	to	to	PART
cjal-3363	126	10	delve	delve	VERB
cjal-3363	126	11	into	into	ADP
cjal-3363	126	12	the	the	DET
cjal-3363	126	13	businesses	business	NOUN
cjal-3363	126	14	of	of	ADP
cjal-3363	126	15	the	the	DET
cjal-3363	126	16	natural	natural	ADJ
cjal-3363	126	17	monopoly	monopoly	NOUN
cjal-3363	126	18	and	and	CCONJ
cjal-3363	126	19	inspect	inspect	VERB
cjal-3363	126	20	its	its	PRON
cjal-3363	126	21	costs	cost	NOUN
cjal-3363	126	22	.	.	PUNCT
cjal-3363	127	1	the	the	DET
cjal-3363	127	2	water	water	NOUN
cjal-3363	127	3	utility	utility	NOUN
cjal-3363	127	4	company	company	NOUN
cjal-3363	127	5	may	may	AUX
cjal-3363	127	6	spend	spend	VERB
cjal-3363	127	7	resources	resource	NOUN
cjal-3363	127	8	in	in	ADP
cjal-3363	127	9	exaggerating	exaggerate	VERB
cjal-3363	127	10	its	its	PRON
cjal-3363	127	11	true	true	ADJ
cjal-3363	127	12	costs	cost	NOUN
cjal-3363	127	13	or	or	CCONJ
cjal-3363	127	14	manipulating	manipulate	VERB
cjal-3363	127	15	its	its	PRON
cjal-3363	127	16	accounting	accounting	NOUN
cjal-3363	127	17	standards	standard	NOUN
cjal-3363	127	18	to	to	PART
cjal-3363	127	19	raise	raise	VERB
cjal-3363	127	20	costs	cost	NOUN
cjal-3363	127	21	.	.	PUNCT
cjal-3363	128	1	because	because	SCONJ
cjal-3363	128	2	of	of	ADP
cjal-3363	128	3	these	these	DET
cjal-3363	128	4	difficulties	difficulty	NOUN
cjal-3363	128	5	in	in	ADP
cjal-3363	128	6	regulation	regulation	NOUN
cjal-3363	128	7	,	,	PUNCT
cjal-3363	128	8	the	the	DET
cjal-3363	128	9	regulators	regulator	NOUN
cjal-3363	128	10	sometimes	sometimes	ADV
cjal-3363	128	11	face	face	VERB
cjal-3363	128	12	political	political	ADJ
cjal-3363	128	13	pressure	pressure	NOUN
cjal-3363	128	14	to	to	PART
cjal-3363	128	15	maintain	maintain	VERB
cjal-3363	128	16	low	low	ADJ
cjal-3363	128	17	water	water	NOUN
cjal-3363	128	18	tariffs	tariff	NOUN
cjal-3363	128	19	to	to	PART
cjal-3363	128	20	avoid	avoid	VERB
cjal-3363	128	21	criticism	criticism	NOUN
cjal-3363	128	22	,	,	PUNCT
cjal-3363	128	23	hurting	hurt	VERB
cjal-3363	128	24	the	the	DET
cjal-3363	128	25	financial	financial	ADJ
cjal-3363	128	26	interests	interest	NOUN
cjal-3363	128	27	of	of	ADP
cjal-3363	128	28	the	the	DET
cjal-3363	128	29	company	company	NOUN
cjal-3363	128	30	,	,	PUNCT
cjal-3363	128	31	which	which	PRON
cjal-3363	128	32	may	may	AUX
cjal-3363	128	33	deter	deter	VERB
cjal-3363	128	34	private	private	ADJ
cjal-3363	128	35	investment	investment	NOUN
cjal-3363	128	36	.	.	PUNCT
cjal-3363	129	1	these	these	PRON
cjal-3363	129	2	are	be	AUX
cjal-3363	129	3	the	the	DET
cjal-3363	129	4	regulatory	regulatory	ADJ
cjal-3363	129	5	costs	cost	NOUN
cjal-3363	129	6	resulting	result	VERB
cjal-3363	129	7	from	from	ADP
cjal-3363	129	8	the	the	DET
cjal-3363	129	9	divergence	divergence	NOUN
cjal-3363	129	10	of	of	ADP
cjal-3363	129	11	interests	interest	NOUN
cjal-3363	129	12	of	of	ADP
cjal-3363	129	13	the	the	DET
cjal-3363	129	14	state	state	NOUN
cjal-3363	129	15	and	and	CCONJ
cjal-3363	129	16	enterprises	enterprise	NOUN
cjal-3363	129	17	.	.	PUNCT
cjal-3363	130	1	when	when	SCONJ
cjal-3363	130	2	the	the	DET
cjal-3363	130	3	state	state	NOUN
cjal-3363	130	4	owns	own	VERB
cjal-3363	130	5	the	the	DET
cjal-3363	130	6	water	water	NOUN
cjal-3363	130	7	utility	utility	NOUN
cjal-3363	130	8	company	company	NOUN
cjal-3363	130	9	,	,	PUNCT
cjal-3363	130	10	however	however	ADV
cjal-3363	130	11	,	,	PUNCT
cjal-3363	130	12	the	the	DET
cjal-3363	130	13	interests	interest	NOUN
cjal-3363	130	14	of	of	ADP
cjal-3363	130	15	the	the	DET
cjal-3363	130	16	state	state	NOUN
cjal-3363	130	17	and	and	CCONJ
cjal-3363	130	18	the	the	DET
cjal-3363	130	19	company	company	NOUN
cjal-3363	130	20	are	be	AUX
cjal-3363	130	21	aligned	align	VERB
cjal-3363	130	22	.	.	PUNCT
cjal-3363	131	1	the	the	DET
cjal-3363	131	2	company	company	NOUN
cjal-3363	131	3	may	may	AUX
cjal-3363	131	4	not	not	PART
cjal-3363	131	5	have	have	VERB
cjal-3363	131	6	as	as	ADV
cjal-3363	131	7	strong	strong	ADJ
cjal-3363	131	8	an	an	DET
cjal-3363	131	9	incentive	incentive	NOUN
cjal-3363	131	10	to	to	PART
cjal-3363	131	11	pursue	pursue	VERB
cjal-3363	131	12	profits	profit	NOUN
cjal-3363	131	13	as	as	ADP
cjal-3363	131	14	a	a	DET
cjal-3363	131	15	private	private	ADJ
cjal-3363	131	16	company	company	NOUN
cjal-3363	131	17	.	.	PUNCT
cjal-3363	132	1	the	the	DET
cjal-3363	132	2	state	state	NOUN
cjal-3363	132	3	can	can	AUX
cjal-3363	132	4	cut	cut	VERB
cjal-3363	132	5	off	off	ADP
cjal-3363	132	6	the	the	DET
cjal-3363	132	7	link	link	NOUN
cjal-3363	132	8	between	between	ADP
cjal-3363	132	9	the	the	DET
cjal-3363	132	10	salaries	salary	NOUN
cjal-3363	132	11	of	of	ADP
cjal-3363	132	12	employees	employee	NOUN
cjal-3363	132	13	and	and	CCONJ
cjal-3363	132	14	the	the	DET
cjal-3363	132	15	profits	profit	NOUN
cjal-3363	132	16	made	make	VERB
cjal-3363	132	17	by	by	ADP
cjal-3363	132	18	the	the	DET
cjal-3363	132	19	company	company	NOUN
cjal-3363	132	20	to	to	PART
cjal-3363	132	21	reduce	reduce	VERB
cjal-3363	132	22	their	their	PRON
cjal-3363	132	23	incentives	incentive	NOUN
cjal-3363	132	24	to	to	PART
cjal-3363	132	25	exaggerate	exaggerate	VERB
cjal-3363	132	26	the	the	DET
cjal-3363	132	27	costs	cost	NOUN
cjal-3363	132	28	.	.	PUNCT
cjal-3363	133	1	more	more	ADV
cjal-3363	133	2	importantly	importantly	ADV
cjal-3363	133	3	,	,	PUNCT
cjal-3363	133	4	whether	whether	SCONJ
cjal-3363	133	5	water	water	NOUN
cjal-3363	133	6	tariffs	tariff	NOUN
cjal-3363	133	7	are	be	AUX
cjal-3363	133	8	correctly	correctly	ADV
cjal-3363	133	9	set	set	VERB
cjal-3363	133	10	does	do	AUX
cjal-3363	133	11	not	not	PART
cjal-3363	133	12	matter	matter	VERB
cjal-3363	133	13	significantly	significantly	ADV
cjal-3363	133	14	here	here	ADV
cjal-3363	133	15	:	:	PUNCT
cjal-3363	133	16	if	if	SCONJ
cjal-3363	133	17	it	it	PRON
cjal-3363	133	18	is	be	AUX
cjal-3363	133	19	too	too	ADV
cjal-3363	133	20	high	high	ADJ
cjal-3363	133	21	,	,	PUNCT
cjal-3363	133	22	it	it	PRON
cjal-3363	133	23	is	be	AUX
cjal-3363	133	24	similar	similar	ADJ
cjal-3363	133	25	to	to	ADP
cjal-3363	133	26	a	a	DET
cjal-3363	133	27	tax	tax	NOUN
cjal-3363	133	28	collected	collect	VERB
cjal-3363	133	29	by	by	ADP
cjal-3363	133	30	the	the	DET
cjal-3363	133	31	government	government	NOUN
cjal-3363	133	32	;	;	PUNCT
cjal-3363	133	33	if	if	SCONJ
cjal-3363	133	34	it	it	PRON
cjal-3363	133	35	is	be	AUX
cjal-3363	133	36	too	too	ADP
cjal-3363	133	37	columbia	columbia	PROPN
cjal-3363	133	38	journal	journal	PROPN
cjal-3363	133	39	of	of	ADP
cjal-3363	133	40	asian	asian	ADJ
cjal-3363	133	41	law	law	NOUN
cjal-3363	134	1	[	[	X
cjal-3363	134	2	vol	vol	NOUN
cjal-3363	134	3	.	.	PUNCT
cjal-3363	135	1	31:1	31:1	NUM
cjal-3363	135	2	6	6	NUM
cjal-3363	135	3	to	to	PART
cjal-3363	135	4	be	be	AUX
cjal-3363	135	5	sure	sure	ADJ
cjal-3363	135	6	,	,	PUNCT
cjal-3363	135	7	soes	soe	NOUN
cjal-3363	135	8	usually	usually	ADV
cjal-3363	135	9	have	have	VERB
cjal-3363	135	10	high	high	ADJ
cjal-3363	135	11	ownership	ownership	NOUN
cjal-3363	135	12	costs	cost	NOUN
cjal-3363	135	13	and	and	CCONJ
cjal-3363	135	14	relatively	relatively	ADV
cjal-3363	135	15	poor	poor	ADJ
cjal-3363	135	16	financial	financial	ADJ
cjal-3363	135	17	performance	performance	NOUN
cjal-3363	135	18	,	,	PUNCT
cjal-3363	135	19	for	for	ADP
cjal-3363	135	20	a	a	DET
cjal-3363	135	21	variety	variety	NOUN
cjal-3363	135	22	of	of	ADP
cjal-3363	135	23	reasons	reason	NOUN
cjal-3363	135	24	,	,	PUNCT
cjal-3363	135	25	including	include	VERB
cjal-3363	135	26	the	the	DET
cjal-3363	135	27	“	"	PUNCT
cjal-3363	135	28	soft	soft	ADJ
cjal-3363	135	29	-	-	PUNCT
cjal-3363	135	30	budget	budget	NOUN
cjal-3363	135	31	constraint	constraint	NOUN
cjal-3363	135	32	”	"	PUNCT
cjal-3363	135	33	problem	problem	NOUN
cjal-3363	135	34	and	and	CCONJ
cjal-3363	135	35	the	the	DET
cjal-3363	135	36	lack	lack	NOUN
cjal-3363	135	37	of	of	ADP
cjal-3363	135	38	incentive	incentive	NOUN
cjal-3363	135	39	to	to	PART
cjal-3363	135	40	improve	improve	VERB
cjal-3363	135	41	performance.17	performance.17	NOUN
cjal-3363	135	42	thus	thus	ADV
cjal-3363	135	43	,	,	PUNCT
cjal-3363	135	44	the	the	DET
cjal-3363	135	45	distribution	distribution	NOUN
cjal-3363	135	46	of	of	ADP
cjal-3363	135	47	soes	soe	NOUN
cjal-3363	135	48	can	can	AUX
cjal-3363	135	49	be	be	AUX
cjal-3363	135	50	explained	explain	VERB
cjal-3363	135	51	by	by	ADP
cjal-3363	135	52	the	the	DET
cjal-3363	135	53	tradeoff	tradeoff	NOUN
cjal-3363	135	54	between	between	ADP
cjal-3363	135	55	ownership	ownership	NOUN
cjal-3363	135	56	and	and	CCONJ
cjal-3363	135	57	regulatory	regulatory	ADJ
cjal-3363	135	58	costs	cost	NOUN
cjal-3363	135	59	:	:	PUNCT
cjal-3363	135	60	in	in	ADP
cjal-3363	135	61	industries	industry	NOUN
cjal-3363	135	62	where	where	SCONJ
cjal-3363	135	63	regulations	regulation	NOUN
cjal-3363	135	64	are	be	AUX
cjal-3363	135	65	not	not	PART
cjal-3363	135	66	needed	need	VERB
cjal-3363	135	67	and	and	CCONJ
cjal-3363	135	68	regulatory	regulatory	ADJ
cjal-3363	135	69	costs	cost	NOUN
cjal-3363	135	70	are	be	AUX
cjal-3363	135	71	low	low	ADJ
cjal-3363	135	72	,	,	PUNCT
cjal-3363	135	73	private	private	ADJ
cjal-3363	135	74	enterprises	enterprise	NOUN
cjal-3363	135	75	are	be	AUX
cjal-3363	135	76	more	more	ADV
cjal-3363	135	77	likely	likely	ADJ
cjal-3363	135	78	to	to	PART
cjal-3363	135	79	develop	develop	VERB
cjal-3363	135	80	;	;	PUNCT
cjal-3363	135	81	where	where	SCONJ
cjal-3363	135	82	regulatory	regulatory	ADJ
cjal-3363	135	83	costs	cost	NOUN
cjal-3363	135	84	are	be	AUX
cjal-3363	135	85	exceedingly	exceedingly	ADV
cjal-3363	135	86	high	high	ADJ
cjal-3363	135	87	,	,	PUNCT
cjal-3363	135	88	soes	soe	NOUN
cjal-3363	135	89	are	be	AUX
cjal-3363	135	90	more	more	ADV
cjal-3363	135	91	likely	likely	ADJ
cjal-3363	135	92	to	to	PART
cjal-3363	135	93	persist	persist	VERB
cjal-3363	135	94	even	even	ADV
cjal-3363	135	95	though	though	SCONJ
cjal-3363	135	96	they	they	PRON
cjal-3363	135	97	have	have	VERB
cjal-3363	135	98	high	high	ADJ
cjal-3363	135	99	ownership	ownership	NOUN
cjal-3363	135	100	costs.18	costs.18	VERB
cjal-3363	135	101	ownership	ownership	NOUN
cjal-3363	135	102	and	and	CCONJ
cjal-3363	135	103	regulatory	regulatory	ADJ
cjal-3363	135	104	costs	cost	NOUN
cjal-3363	135	105	explain	explain	VERB
cjal-3363	135	106	why	why	SCONJ
cjal-3363	135	107	soes	soe	NOUN
cjal-3363	135	108	in	in	ADP
cjal-3363	135	109	china	china	PROPN
cjal-3363	135	110	are	be	AUX
cjal-3363	135	111	more	more	ADV
cjal-3363	135	112	prevalent	prevalent	ADJ
cjal-3363	135	113	in	in	ADP
cjal-3363	135	114	regulated	regulated	ADJ
cjal-3363	135	115	industries	industry	NOUN
cjal-3363	135	116	than	than	ADP
cjal-3363	135	117	in	in	ADP
cjal-3363	135	118	areas	area	NOUN
cjal-3363	135	119	where	where	SCONJ
cjal-3363	135	120	markets	market	NOUN
cjal-3363	135	121	can	can	AUX
cjal-3363	135	122	operate	operate	VERB
cjal-3363	135	123	efficiently	efficiently	ADV
cjal-3363	135	124	without	without	ADP
cjal-3363	135	125	any	any	DET
cjal-3363	135	126	need	need	NOUN
cjal-3363	135	127	for	for	ADP
cjal-3363	135	128	state	state	NOUN
cjal-3363	135	129	intervention	intervention	NOUN
cjal-3363	135	130	.	.	PUNCT
cjal-3363	136	1	this	this	DET
cjal-3363	136	2	efficiency	efficiency	NOUN
cjal-3363	136	3	explanation	explanation	NOUN
cjal-3363	136	4	fills	fill	VERB
cjal-3363	136	5	an	an	DET
cjal-3363	136	6	important	important	ADJ
cjal-3363	136	7	gap	gap	NOUN
cjal-3363	136	8	in	in	ADP
cjal-3363	136	9	the	the	DET
cjal-3363	136	10	current	current	ADJ
cjal-3363	136	11	literature	literature	NOUN
cjal-3363	136	12	and	and	CCONJ
cjal-3363	136	13	can	can	AUX
cjal-3363	136	14	be	be	AUX
cjal-3363	136	15	combined	combine	VERB
cjal-3363	136	16	with	with	ADP
cjal-3363	136	17	current	current	ADJ
cjal-3363	136	18	theories	theory	NOUN
cjal-3363	136	19	to	to	PART
cjal-3363	136	20	provide	provide	VERB
cjal-3363	136	21	a	a	DET
cjal-3363	136	22	more	more	ADV
cjal-3363	136	23	comprehensive	comprehensive	ADJ
cjal-3363	136	24	explanation	explanation	NOUN
cjal-3363	136	25	for	for	ADP
cjal-3363	136	26	the	the	DET
cjal-3363	136	27	landscape	landscape	NOUN
cjal-3363	136	28	of	of	ADP
cjal-3363	136	29	soes	soe	NOUN
cjal-3363	136	30	in	in	ADP
cjal-3363	136	31	china	china	PROPN
cjal-3363	136	32	.	.	PUNCT
cjal-3363	137	1	this	this	DET
cjal-3363	137	2	thesis	thesis	NOUN
cjal-3363	137	3	has	have	VERB
cjal-3363	137	4	significant	significant	ADJ
cjal-3363	137	5	contemporary	contemporary	ADJ
cjal-3363	137	6	theoretical	theoretical	ADJ
cjal-3363	137	7	and	and	CCONJ
cjal-3363	137	8	policy	policy	NOUN
cjal-3363	137	9	implications	implication	NOUN
cjal-3363	137	10	.	.	PUNCT
cjal-3363	138	1	first	first	ADV
cjal-3363	138	2	,	,	PUNCT
cjal-3363	138	3	it	it	PRON
cjal-3363	138	4	contributes	contribute	VERB
cjal-3363	138	5	to	to	ADP
cjal-3363	138	6	the	the	DET
cjal-3363	138	7	literature	literature	NOUN
cjal-3363	138	8	on	on	ADP
cjal-3363	138	9	the	the	DET
cjal-3363	138	10	ownership	ownership	NOUN
cjal-3363	138	11	of	of	ADP
cjal-3363	138	12	enterprise	enterprise	NOUN
cjal-3363	138	13	.	.	PUNCT
cjal-3363	139	1	hansmann	hansmann	PROPN
cjal-3363	139	2	has	have	AUX
cjal-3363	139	3	developed	develop	VERB
cjal-3363	139	4	a	a	DET
cjal-3363	139	5	theory	theory	NOUN
cjal-3363	139	6	of	of	ADP
cjal-3363	139	7	the	the	DET
cjal-3363	139	8	ownership	ownership	NOUN
cjal-3363	139	9	of	of	ADP
cjal-3363	139	10	enterprise	enterprise	NOUN
cjal-3363	139	11	to	to	PART
cjal-3363	139	12	explain	explain	VERB
cjal-3363	139	13	various	various	ADJ
cjal-3363	139	14	types	type	NOUN
cjal-3363	139	15	of	of	ADP
cjal-3363	139	16	ownership	ownership	NOUN
cjal-3363	139	17	,	,	PUNCT
cjal-3363	139	18	including	include	VERB
cjal-3363	139	19	investor	investor	NOUN
cjal-3363	139	20	ownership	ownership	NOUN
cjal-3363	139	21	,	,	PUNCT
cjal-3363	139	22	employee	employee	NOUN
cjal-3363	139	23	ownership	ownership	NOUN
cjal-3363	139	24	,	,	PUNCT
cjal-3363	139	25	and	and	CCONJ
cjal-3363	139	26	consumer	consumer	NOUN
cjal-3363	139	27	ownership.19	ownership.19	NOUN
cjal-3363	139	28	this	this	DET
cjal-3363	139	29	article	article	NOUN
cjal-3363	139	30	explores	explore	VERB
cjal-3363	139	31	the	the	DET
cjal-3363	139	32	extent	extent	NOUN
cjal-3363	139	33	to	to	PART
cjal-3363	139	34	which	which	PRON
cjal-3363	139	35	his	his	PRON
cjal-3363	139	36	theory	theory	NOUN
cjal-3363	139	37	of	of	ADP
cjal-3363	139	38	the	the	DET
cjal-3363	139	39	ownership	ownership	NOUN
cjal-3363	139	40	of	of	ADP
cjal-3363	139	41	enterprise	enterprise	NOUN
cjal-3363	139	42	can	can	AUX
cjal-3363	139	43	be	be	AUX
cjal-3363	139	44	applied	apply	VERB
cjal-3363	139	45	to	to	ADP
cjal-3363	139	46	state	state	NOUN
cjal-3363	139	47	ownership	ownership	NOUN
cjal-3363	139	48	.	.	PUNCT
cjal-3363	140	1	previous	previous	ADJ
cjal-3363	140	2	studies	study	NOUN
cjal-3363	140	3	have	have	AUX
cjal-3363	140	4	also	also	ADV
cjal-3363	140	5	used	use	VERB
cjal-3363	140	6	economic	economic	ADJ
cjal-3363	140	7	analysis	analysis	NOUN
cjal-3363	140	8	,	,	PUNCT
cjal-3363	140	9	including	include	VERB
cjal-3363	140	10	the	the	DET
cjal-3363	140	11	incomplete	incomplete	ADJ
cjal-3363	140	12	contract	contract	NOUN
cjal-3363	140	13	theory	theory	NOUN
cjal-3363	140	14	,	,	PUNCT
cjal-3363	140	15	to	to	PART
cjal-3363	140	16	analyze	analyze	VERB
cjal-3363	140	17	state	state	NOUN
cjal-3363	140	18	ownership.20	ownership.20	PROPN
cjal-3363	140	19	for	for	ADP
cjal-3363	140	20	example	example	NOUN
cjal-3363	140	21	,	,	PUNCT
cjal-3363	140	22	hart	hart	PROPN
cjal-3363	140	23	,	,	PUNCT
cjal-3363	140	24	shleifer	shleifer	PROPN
cjal-3363	140	25	and	and	CCONJ
cjal-3363	140	26	vishny	vishny	PROPN
cjal-3363	140	27	examine	examine	VERB
cjal-3363	140	28	the	the	DET
cjal-3363	140	29	choices	choice	NOUN
cjal-3363	140	30	of	of	ADP
cjal-3363	140	31	the	the	DET
cjal-3363	140	32	government	government	NOUN
cjal-3363	140	33	between	between	ADP
cjal-3363	140	34	“	"	PUNCT
cjal-3363	140	35	contracting	contract	VERB
cjal-3363	140	36	out	out	ADP
cjal-3363	140	37	”	"	PUNCT
cjal-3363	140	38	traditional	traditional	ADJ
cjal-3363	140	39	states	state	NOUN
cjal-3363	140	40	’	'	PUNCT
cjal-3363	140	41	services	service	NOUN
cjal-3363	140	42	and	and	CCONJ
cjal-3363	140	43	“	"	PUNCT
cjal-3363	140	44	in	in	ADP
cjal-3363	140	45	-	-	PUNCT
cjal-3363	140	46	house	house	NOUN
cjal-3363	140	47	”	"	PUNCT
cjal-3363	140	48	provision.21	provision.21	NOUN
cjal-3363	140	49	they	they	PRON
cjal-3363	140	50	argue	argue	VERB
cjal-3363	140	51	that	that	SCONJ
cjal-3363	140	52	public	public	ADJ
cjal-3363	140	53	enterprises	enterprise	NOUN
cjal-3363	140	54	may	may	AUX
cjal-3363	140	55	be	be	AUX
cjal-3363	140	56	more	more	ADV
cjal-3363	140	57	efficient	efficient	ADJ
cjal-3363	140	58	than	than	ADP
cjal-3363	140	59	private	private	ADJ
cjal-3363	140	60	enterprises	enterprise	NOUN
cjal-3363	140	61	when	when	SCONJ
cjal-3363	140	62	the	the	DET
cjal-3363	140	63	quality	quality	NOUN
cjal-3363	140	64	of	of	ADP
cjal-3363	140	65	low	low	ADJ
cjal-3363	140	66	,	,	PUNCT
cjal-3363	140	67	the	the	DET
cjal-3363	140	68	state	state	NOUN
cjal-3363	140	69	can	can	AUX
cjal-3363	140	70	simply	simply	ADV
cjal-3363	140	71	subsidize	subsidize	VERB
cjal-3363	140	72	the	the	DET
cjal-3363	140	73	company	company	NOUN
cjal-3363	140	74	.	.	PUNCT
cjal-3363	141	1	17	17	NUM
cjal-3363	141	2	john	john	PROPN
cjal-3363	141	3	vickers	vickers	PROPN
cjal-3363	141	4	&	&	CCONJ
cjal-3363	141	5	george	george	PROPN
cjal-3363	141	6	yarrow	yarrow	PROPN
cjal-3363	141	7	,	,	PUNCT
cjal-3363	141	8	supra	supra	PROPN
cjal-3363	141	9	note	note	NOUN
cjal-3363	141	10	1	1	NUM
cjal-3363	141	11	,	,	PUNCT
cjal-3363	141	12	at	at	ADP
cjal-3363	141	13	115	115	NUM
cjal-3363	141	14	.	.	PUNCT
cjal-3363	142	1	see	see	VERB
cjal-3363	142	2	generally	generally	ADV
cjal-3363	142	3	oliver	oliver	PROPN
cjal-3363	142	4	hart	hart	PROPN
cjal-3363	142	5	,	,	PUNCT
cjal-3363	142	6	andrei	andrei	PROPN
cjal-3363	142	7	shleifer	shleifer	PROPN
cjal-3363	142	8	,	,	PUNCT
cjal-3363	142	9	&	&	CCONJ
cjal-3363	142	10	robert	robert	PROPN
cjal-3363	142	11	w.	w.	PROPN
cjal-3363	142	12	vishny	vishny	PROPN
cjal-3363	142	13	,	,	PUNCT
cjal-3363	142	14	supra	supra	PROPN
cjal-3363	142	15	note	note	NOUN
cjal-3363	142	16	1	1	NUM
cjal-3363	142	17	.	.	NOUN
cjal-3363	142	18	18	18	NUM
cjal-3363	142	19	the	the	DET
cjal-3363	142	20	discussion	discussion	NOUN
cjal-3363	142	21	here	here	ADV
cjal-3363	142	22	presumes	presume	VERB
cjal-3363	142	23	that	that	SCONJ
cjal-3363	142	24	the	the	DET
cjal-3363	142	25	starting	starting	NOUN
cjal-3363	142	26	point	point	NOUN
cjal-3363	142	27	is	be	AUX
cjal-3363	142	28	state	state	NOUN
cjal-3363	142	29	ownership	ownership	NOUN
cjal-3363	142	30	.	.	PUNCT
cjal-3363	143	1	note	note	VERB
cjal-3363	143	2	that	that	SCONJ
cjal-3363	143	3	the	the	DET
cjal-3363	143	4	question	question	NOUN
cjal-3363	143	5	of	of	ADP
cjal-3363	143	6	who	who	PRON
cjal-3363	143	7	initially	initially	ADV
cjal-3363	143	8	has	have	AUX
cjal-3363	143	9	ownership	ownership	NOUN
cjal-3363	143	10	is	be	AUX
cjal-3363	143	11	not	not	PART
cjal-3363	143	12	important	important	ADJ
cjal-3363	143	13	to	to	ADP
cjal-3363	143	14	our	our	PRON
cjal-3363	143	15	discussion	discussion	NOUN
cjal-3363	143	16	–	–	PUNCT
cjal-3363	143	17	the	the	DET
cjal-3363	143	18	state	state	NOUN
cjal-3363	143	19	and	and	CCONJ
cjal-3363	143	20	private	private	ADJ
cjal-3363	143	21	investors	investor	NOUN
cjal-3363	143	22	can	can	AUX
cjal-3363	143	23	transact	transact	VERB
cjal-3363	143	24	ownership	ownership	NOUN
cjal-3363	143	25	rights	right	NOUN
cjal-3363	143	26	as	as	ADV
cjal-3363	143	27	long	long	ADV
cjal-3363	143	28	as	as	SCONJ
cjal-3363	143	29	transaction	transaction	NOUN
cjal-3363	143	30	costs	cost	NOUN
cjal-3363	143	31	are	be	AUX
cjal-3363	143	32	low	low	ADJ
cjal-3363	143	33	relative	relative	ADJ
cjal-3363	143	34	to	to	ADP
cjal-3363	143	35	the	the	DET
cjal-3363	143	36	surplus	surplus	NOUN
cjal-3363	143	37	created	create	VERB
cjal-3363	143	38	by	by	ADP
cjal-3363	143	39	the	the	DET
cjal-3363	143	40	transaction	transaction	NOUN
cjal-3363	143	41	.	.	PUNCT
cjal-3363	144	1	in	in	ADP
cjal-3363	144	2	fact	fact	NOUN
cjal-3363	144	3	,	,	PUNCT
cjal-3363	144	4	many	many	ADJ
cjal-3363	144	5	new	new	ADJ
cjal-3363	144	6	state	state	NOUN
cjal-3363	144	7	-	-	PUNCT
cjal-3363	144	8	owned	own	VERB
cjal-3363	144	9	enterprises	enterprise	NOUN
cjal-3363	144	10	have	have	AUX
cjal-3363	144	11	been	be	AUX
cjal-3363	144	12	established	establish	VERB
cjal-3363	144	13	after	after	ADP
cjal-3363	144	14	the	the	DET
cjal-3363	144	15	reform	reform	NOUN
cjal-3363	144	16	since	since	SCONJ
cjal-3363	144	17	1999	1999	NUM
cjal-3363	144	18	.	.	PUNCT
cjal-3363	145	1	chang	chang	PROPN
cjal-3363	145	2	-	-	PUNCT
cjal-3363	145	3	tai	tai	PROPN
cjal-3363	145	4	hsieh	hsieh	PROPN
cjal-3363	145	5	&	&	CCONJ
cjal-3363	145	6	zheng	zheng	PROPN
cjal-3363	145	7	michael	michael	PROPN
cjal-3363	145	8	song	song	PROPN
cjal-3363	145	9	,	,	PUNCT
cjal-3363	145	10	grasp	grasp	VERB
cjal-3363	145	11	the	the	DET
cjal-3363	145	12	large	large	ADJ
cjal-3363	145	13	,	,	PUNCT
cjal-3363	145	14	let	let	VERB
cjal-3363	145	15	go	go	VERB
cjal-3363	145	16	of	of	ADP
cjal-3363	145	17	the	the	DET
cjal-3363	145	18	small	small	NOUN
cjal-3363	145	19	:	:	PUNCT
cjal-3363	145	20	the	the	DET
cjal-3363	145	21	transformation	transformation	NOUN
cjal-3363	145	22	of	of	ADP
cjal-3363	145	23	the	the	DET
cjal-3363	145	24	state	state	NOUN
cjal-3363	145	25	sector	sector	NOUN
cjal-3363	145	26	in	in	ADP
cjal-3363	145	27	china	china	PROPN
cjal-3363	145	28	,	,	PUNCT
cjal-3363	145	29	brookings	brookings	PROPN
cjal-3363	145	30	paper	paper	NOUN
cjal-3363	145	31	on	on	ADP
cjal-3363	145	32	economic	economic	ADJ
cjal-3363	145	33	activity	activity	NOUN
cjal-3363	145	34	,	,	PUNCT
cjal-3363	145	35	14	14	NUM
cjal-3363	145	36	(	(	PUNCT
cjal-3363	145	37	2016	2016	NUM
cjal-3363	145	38	)	)	PUNCT
cjal-3363	145	39	https://www.brookings.edu/wpcontent/uploads/2016/07/bpea_chinesetranslation2.pdf	https://www.brookings.edu/wpcontent/uploads/2016/07/bpea_chinesetranslation2.pdf	NOUN
cjal-3363	145	40	.	.	PUNCT
cjal-3363	146	1	19	19	NUM
cjal-3363	146	2	see	see	VERB
cjal-3363	146	3	generally	generally	ADV
cjal-3363	146	4	hansmann	hansmann	NOUN
cjal-3363	146	5	,	,	PUNCT
cjal-3363	146	6	supra	supra	PROPN
cjal-3363	146	7	note	note	NOUN
cjal-3363	146	8	15	15	NUM
cjal-3363	146	9	.	.	SYM
cjal-3363	146	10	20	20	NUM
cjal-3363	146	11	see	see	VERB
cjal-3363	146	12	oliver	oliver	PROPN
cjal-3363	146	13	hart	hart	PROPN
cjal-3363	146	14	,	,	PUNCT
cjal-3363	146	15	andrei	andrei	NOUN
cjal-3363	146	16	shliefer	shliefer	NOUN
cjal-3363	146	17	,	,	PUNCT
cjal-3363	146	18	&	&	CCONJ
cjal-3363	146	19	robert	robert	PROPN
cjal-3363	146	20	w.	w.	PROPN
cjal-3363	146	21	vishny	vishny	PROPN
cjal-3363	146	22	,	,	PUNCT
cjal-3363	146	23	the	the	DET
cjal-3363	146	24	proper	proper	ADJ
cjal-3363	146	25	scope	scope	NOUN
cjal-3363	146	26	of	of	ADP
cjal-3363	146	27	government	government	NOUN
cjal-3363	146	28	,	,	PUNCT
cjal-3363	146	29	112	112	NUM
cjal-3363	146	30	q.	q.	PROPN
cjal-3363	146	31	j.	j.	PROPN
cjal-3363	146	32	econ	econ	PROPN
cjal-3363	146	33	.	.	PUNCT
cjal-3363	147	1	1127	1127	NUM
cjal-3363	147	2	,	,	PUNCT
cjal-3363	147	3	1131	1131	NUM
cjal-3363	147	4	(	(	PUNCT
cjal-3363	147	5	1997	1997	NUM
cjal-3363	147	6	)	)	PUNCT
cjal-3363	147	7	.	.	PUNCT
cjal-3363	148	1	the	the	DET
cjal-3363	148	2	previous	previous	ADJ
cjal-3363	148	3	studies	study	NOUN
cjal-3363	148	4	also	also	ADV
cjal-3363	148	5	have	have	AUX
cjal-3363	148	6	not	not	PART
cjal-3363	148	7	emphasized	emphasize	VERB
cjal-3363	148	8	the	the	DET
cjal-3363	148	9	difficulties	difficulty	NOUN
cjal-3363	148	10	in	in	ADP
cjal-3363	148	11	enforcement	enforcement	NOUN
cjal-3363	148	12	and	and	CCONJ
cjal-3363	148	13	considered	consider	VERB
cjal-3363	148	14	the	the	DET
cjal-3363	148	15	opportunistic	opportunistic	ADJ
cjal-3363	148	16	actions	action	NOUN
cjal-3363	148	17	by	by	ADP
cjal-3363	148	18	the	the	DET
cjal-3363	148	19	government	government	NOUN
cjal-3363	148	20	.	.	PUNCT
cjal-3363	149	1	oliver	oliver	PROPN
cjal-3363	149	2	hart	hart	PROPN
cjal-3363	149	3	,	,	PUNCT
cjal-3363	149	4	incomplete	incomplete	ADJ
cjal-3363	149	5	contracts	contract	NOUN
cjal-3363	149	6	and	and	CCONJ
cjal-3363	149	7	public	public	ADJ
cjal-3363	149	8	ownership	ownership	NOUN
cjal-3363	149	9	:	:	PUNCT
cjal-3363	149	10	remarks	remark	VERB
cjal-3363	149	11	,	,	PUNCT
cjal-3363	149	12	and	and	CCONJ
cjal-3363	149	13	an	an	DET
cjal-3363	149	14	application	application	NOUN
cjal-3363	149	15	to	to	ADP
cjal-3363	149	16	public	public	ADJ
cjal-3363	149	17	-	-	PUNCT
cjal-3363	149	18	private	private	ADJ
cjal-3363	149	19	partnerships	partnership	NOUN
cjal-3363	149	20	,	,	PUNCT
cjal-3363	149	21	113	113	NUM
cjal-3363	149	22	econ	econ	NOUN
cjal-3363	149	23	.	.	PUNCT
cjal-3363	150	1	j.	j.	PROPN
cjal-3363	150	2	c69	c69	PROPN
cjal-3363	150	3	,	,	PUNCT
cjal-3363	150	4	71	71	NUM
cjal-3363	150	5	(	(	PUNCT
cjal-3363	150	6	2003	2003	NUM
cjal-3363	150	7	)	)	PUNCT
cjal-3363	150	8	.	.	PUNCT
cjal-3363	151	1	jean	jean	PROPN
cjal-3363	151	2	-	-	PUNCT
cjal-3363	151	3	jacques	jacques	PROPN
cjal-3363	151	4	laffont	laffont	PROPN
cjal-3363	151	5	&	&	CCONJ
cjal-3363	151	6	jean	jean	PROPN
cjal-3363	151	7	tirole	tirole	PROPN
cjal-3363	151	8	,	,	PUNCT
cjal-3363	151	9	a	a	DET
cjal-3363	151	10	theory	theory	NOUN
cjal-3363	151	11	of	of	ADP
cjal-3363	151	12	incentives	incentive	NOUN
cjal-3363	151	13	in	in	ADP
cjal-3363	151	14	procurement	procurement	NOUN
cjal-3363	151	15	and	and	CCONJ
cjal-3363	151	16	regulation	regulation	NOUN
cjal-3363	151	17	637	637	NUM
cjal-3363	151	18	,	,	PUNCT
cjal-3363	151	19	638	638	NUM
cjal-3363	151	20	(	(	PUNCT
cjal-3363	151	21	1993	1993	NUM
cjal-3363	151	22	)	)	PUNCT
cjal-3363	151	23	.	.	PUNCT
cjal-3363	152	1	21	21	NUM
cjal-3363	152	2	see	see	VERB
cjal-3363	152	3	hart	hart	PROPN
cjal-3363	152	4	shleifer	shleifer	PROPN
cjal-3363	152	5	&	&	CCONJ
cjal-3363	152	6	vishny	vishny	PROPN
cjal-3363	152	7	,	,	PUNCT
cjal-3363	152	8	supra	supra	PROPN
cjal-3363	152	9	note	note	NOUN
cjal-3363	152	10	20	20	NUM
cjal-3363	152	11	.	.	NOUN
cjal-3363	152	12	2017	2017	NUM
cjal-3363	152	13	]	]	PUNCT
cjal-3363	152	14	state	state	NOUN
cjal-3363	152	15	ownership	ownership	NOUN
cjal-3363	152	16	and	and	CCONJ
cjal-3363	152	17	regulatory	regulatory	ADJ
cjal-3363	152	18	costs	cost	NOUN
cjal-3363	152	19	7	7	NUM
cjal-3363	152	20	services	service	NOUN
cjal-3363	152	21	is	be	AUX
cjal-3363	152	22	difficult	difficult	ADJ
cjal-3363	152	23	to	to	PART
cjal-3363	152	24	specify	specify	VERB
cjal-3363	152	25	because	because	SCONJ
cjal-3363	152	26	of	of	ADP
cjal-3363	152	27	the	the	DET
cjal-3363	152	28	incompleteness	incompleteness	NOUN
cjal-3363	152	29	of	of	ADP
cjal-3363	152	30	contract.22	contract.22	PROPN
cjal-3363	152	31	sappington	sappington	PROPN
cjal-3363	152	32	and	and	CCONJ
cjal-3363	152	33	stiglitz	stiglitz	PROPN
cjal-3363	152	34	also	also	ADV
cjal-3363	152	35	point	point	VERB
cjal-3363	152	36	out	out	ADP
cjal-3363	152	37	that	that	SCONJ
cjal-3363	152	38	the	the	DET
cjal-3363	152	39	choice	choice	NOUN
cjal-3363	152	40	between	between	ADP
cjal-3363	152	41	public	public	ADJ
cjal-3363	152	42	and	and	CCONJ
cjal-3363	152	43	private	private	ADJ
cjal-3363	152	44	provision	provision	NOUN
cjal-3363	152	45	of	of	ADP
cjal-3363	152	46	goods	good	NOUN
cjal-3363	152	47	depends	depend	VERB
cjal-3363	152	48	on	on	ADP
cjal-3363	152	49	the	the	DET
cjal-3363	152	50	transaction	transaction	NOUN
cjal-3363	152	51	costs	cost	NOUN
cjal-3363	152	52	of	of	ADP
cjal-3363	152	53	governmental	governmental	ADJ
cjal-3363	152	54	intervention.23	intervention.23	VERB
cjal-3363	152	55	the	the	DET
cjal-3363	152	56	discussion	discussion	NOUN
cjal-3363	152	57	to	to	PART
cjal-3363	152	58	be	be	AUX
cjal-3363	152	59	presented	present	VERB
cjal-3363	152	60	here	here	ADV
cjal-3363	152	61	is	be	AUX
cjal-3363	152	62	not	not	PART
cjal-3363	152	63	limited	limit	VERB
cjal-3363	152	64	to	to	ADP
cjal-3363	152	65	government	government	NOUN
cjal-3363	152	66	choices	choice	NOUN
cjal-3363	152	67	,	,	PUNCT
cjal-3363	152	68	but	but	CCONJ
cjal-3363	152	69	also	also	ADV
cjal-3363	152	70	choices	choice	NOUN
cjal-3363	152	71	made	make	VERB
cjal-3363	152	72	by	by	ADP
cjal-3363	152	73	private	private	ADJ
cjal-3363	152	74	parties	party	NOUN
cjal-3363	152	75	.	.	PUNCT
cjal-3363	153	1	additionally	additionally	ADV
cjal-3363	153	2	,	,	PUNCT
cjal-3363	153	3	this	this	DET
cjal-3363	153	4	article	article	NOUN
cjal-3363	153	5	addresses	address	VERB
cjal-3363	153	6	a	a	DET
cjal-3363	153	7	different	different	ADJ
cjal-3363	153	8	subject	subject	NOUN
cjal-3363	153	9	–	–	PUNCT
cjal-3363	153	10	the	the	DET
cjal-3363	153	11	comparison	comparison	NOUN
cjal-3363	153	12	of	of	ADP
cjal-3363	153	13	social	social	ADJ
cjal-3363	153	14	costs	cost	NOUN
cjal-3363	153	15	between	between	ADP
cjal-3363	153	16	regulation	regulation	NOUN
cjal-3363	153	17	of	of	ADP
cjal-3363	153	18	private	private	ADJ
cjal-3363	153	19	enterprises	enterprise	NOUN
cjal-3363	153	20	and	and	CCONJ
cjal-3363	153	21	soes	soe	NOUN
cjal-3363	153	22	that	that	PRON
cjal-3363	153	23	produce	produce	VERB
cjal-3363	153	24	goods	good	NOUN
cjal-3363	153	25	for	for	ADP
cjal-3363	153	26	consumers	consumer	NOUN
cjal-3363	153	27	,	,	PUNCT
cjal-3363	153	28	which	which	PRON
cjal-3363	153	29	has	have	VERB
cjal-3363	153	30	yet	yet	ADV
cjal-3363	153	31	to	to	PART
cjal-3363	153	32	be	be	AUX
cjal-3363	153	33	sufficiently	sufficiently	ADV
cjal-3363	153	34	analyzed	analyze	VERB
cjal-3363	153	35	.	.	PUNCT
cjal-3363	154	1	the	the	DET
cjal-3363	154	2	argument	argument	NOUN
cjal-3363	154	3	closest	close	ADJ
cjal-3363	154	4	to	to	ADP
cjal-3363	154	5	my	my	PRON
cjal-3363	154	6	thesis	thesis	NOUN
cjal-3363	154	7	is	be	AUX
cjal-3363	154	8	presented	present	VERB
cjal-3363	154	9	by	by	ADP
cjal-3363	154	10	laffont	laffont	NOUN
cjal-3363	154	11	and	and	CCONJ
cjal-3363	154	12	tirole	tirole	PROPN
cjal-3363	154	13	,	,	PUNCT
cjal-3363	154	14	who	who	PRON
cjal-3363	154	15	recognize	recognize	VERB
cjal-3363	154	16	that	that	SCONJ
cjal-3363	154	17	private	private	ADJ
cjal-3363	154	18	firms	firm	NOUN
cjal-3363	154	19	must	must	AUX
cjal-3363	154	20	serve	serve	VERB
cjal-3363	154	21	the	the	DET
cjal-3363	154	22	interests	interest	NOUN
cjal-3363	154	23	of	of	ADP
cjal-3363	154	24	both	both	DET
cjal-3363	154	25	shareholders	shareholder	NOUN
cjal-3363	154	26	and	and	CCONJ
cjal-3363	154	27	regulators	regulator	NOUN
cjal-3363	154	28	,	,	PUNCT
cjal-3363	154	29	which	which	PRON
cjal-3363	154	30	may	may	AUX
cjal-3363	154	31	cause	cause	VERB
cjal-3363	154	32	inefficiency	inefficiency	NOUN
cjal-3363	154	33	because	because	SCONJ
cjal-3363	154	34	the	the	DET
cjal-3363	154	35	two	two	NUM
cjal-3363	154	36	principals	principal	NOUN
cjal-3363	154	37	may	may	AUX
cjal-3363	154	38	“	"	PUNCT
cjal-3363	154	39	exert	exert	VERB
cjal-3363	154	40	externalities	externality	NOUN
cjal-3363	154	41	on	on	ADP
cjal-3363	154	42	each	each	DET
cjal-3363	154	43	other	other	ADJ
cjal-3363	154	44	unless	unless	SCONJ
cjal-3363	154	45	the	the	DET
cjal-3363	154	46	agent[enterprise	agent[enterprise	NOUN
cjal-3363	154	47	]	]	PUNCT
cjal-3363	154	48	carries	carry	VERB
cjal-3363	154	49	full	full	ADJ
cjal-3363	154	50	responsibility	responsibility	NOUN
cjal-3363	154	51	for	for	ADP
cjal-3363	154	52	social	social	ADJ
cjal-3363	154	53	welfare	welfare	NOUN
cjal-3363	154	54	.	.	PUNCT
cjal-3363	155	1	”24	”24	VERB
cjal-3363	155	2	this	this	DET
cjal-3363	155	3	article	article	NOUN
cjal-3363	155	4	further	far	ADV
cjal-3363	155	5	develops	develop	VERB
cjal-3363	155	6	this	this	DET
cjal-3363	155	7	hypothesis	hypothesis	NOUN
cjal-3363	155	8	into	into	ADP
cjal-3363	155	9	an	an	DET
cjal-3363	155	10	analytical	analytical	ADJ
cjal-3363	155	11	framework	framework	NOUN
cjal-3363	155	12	and	and	CCONJ
cjal-3363	155	13	uses	use	VERB
cjal-3363	155	14	it	it	PRON
cjal-3363	155	15	to	to	PART
cjal-3363	155	16	explain	explain	VERB
cjal-3363	155	17	soes	soe	NOUN
cjal-3363	155	18	in	in	ADP
cjal-3363	155	19	china.25	china.25	PROPN
cjal-3363	155	20	second	second	PROPN
cjal-3363	155	21	,	,	PUNCT
cjal-3363	155	22	this	this	DET
cjal-3363	155	23	article	article	NOUN
cjal-3363	155	24	also	also	ADV
cjal-3363	155	25	deepens	deepen	VERB
cjal-3363	155	26	our	our	PRON
cjal-3363	155	27	understanding	understanding	NOUN
cjal-3363	155	28	of	of	ADP
cjal-3363	155	29	privatization	privatization	NOUN
cjal-3363	155	30	.	.	PUNCT
cjal-3363	156	1	although	although	SCONJ
cjal-3363	156	2	scholars	scholar	NOUN
cjal-3363	156	3	have	have	AUX
cjal-3363	156	4	long	long	ADV
cjal-3363	156	5	realized	realize	VERB
cjal-3363	156	6	that	that	SCONJ
cjal-3363	156	7	privatization	privatization	NOUN
cjal-3363	156	8	often	often	ADV
cjal-3363	156	9	gives	give	VERB
cjal-3363	156	10	rise	rise	NOUN
cjal-3363	156	11	to	to	ADP
cjal-3363	156	12	new	new	ADJ
cjal-3363	156	13	regulatory	regulatory	ADJ
cjal-3363	156	14	institutions,26	institutions,26	NOUN
cjal-3363	156	15	the	the	DET
cjal-3363	156	16	difficulties	difficulty	NOUN
cjal-3363	156	17	in	in	ADP
cjal-3363	156	18	establishing	establish	VERB
cjal-3363	156	19	effective	effective	ADJ
cjal-3363	156	20	regulatory	regulatory	ADJ
cjal-3363	156	21	institutions	institution	NOUN
cjal-3363	156	22	following	follow	VERB
cjal-3363	156	23	privatization	privatization	NOUN
cjal-3363	156	24	have	have	AUX
cjal-3363	156	25	not	not	PART
cjal-3363	156	26	been	be	AUX
cjal-3363	156	27	sufficiently	sufficiently	ADV
cjal-3363	156	28	emphasized.27	emphasized.27	ADJ
cjal-3363	156	29	third	third	ADJ
cjal-3363	156	30	,	,	PUNCT
cjal-3363	156	31	this	this	DET
cjal-3363	156	32	article	article	NOUN
cjal-3363	156	33	deepens	deepen	VERB
cjal-3363	156	34	our	our	PRON
cjal-3363	156	35	understanding	understanding	NOUN
cjal-3363	156	36	of	of	ADP
cjal-3363	156	37	state	state	NOUN
cjal-3363	156	38	capitalism	capitalism	NOUN
cjal-3363	156	39	.	.	PUNCT
cjal-3363	157	1	since	since	SCONJ
cjal-3363	157	2	the	the	DET
cjal-3363	157	3	foundational	foundational	ADJ
cjal-3363	157	4	work	work	NOUN
cjal-3363	157	5	of	of	ADP
cjal-3363	157	6	berle	berle	PROPN
cjal-3363	157	7	and	and	CCONJ
cjal-3363	157	8	means	mean	NOUN
cjal-3363	157	9	in	in	ADP
cjal-3363	157	10	1920s	1920s	NUM
cjal-3363	157	11	,	,	PUNCT
cjal-3363	157	12	the	the	DET
cjal-3363	157	13	separation	separation	NOUN
cjal-3363	157	14	of	of	ADP
cjal-3363	157	15	ownership	ownership	NOUN
cjal-3363	157	16	and	and	CCONJ
cjal-3363	157	17	control	control	NOUN
cjal-3363	157	18	has	have	AUX
cjal-3363	157	19	become	become	VERB
cjal-3363	157	20	a	a	DET
cjal-3363	157	21	major	major	ADJ
cjal-3363	157	22	concern	concern	NOUN
cjal-3363	157	23	22	22	NUM
cjal-3363	157	24	i	i	PROPN
cjal-3363	157	25	d	d	PROPN
cjal-3363	157	26	,	,	PUNCT
cjal-3363	157	27	at	at	ADP
cjal-3363	157	28	1128	1128	NUM
cjal-3363	157	29	.	.	PUNCT
cjal-3363	158	1	23	23	NUM
cjal-3363	158	2	see	see	VERB
cjal-3363	158	3	e.g.	e.g.	ADV
cjal-3363	158	4	,	,	PUNCT
cjal-3363	158	5	david	david	PROPN
cjal-3363	158	6	e.	e.	PROPN
cjal-3363	158	7	m.	m.	PROPN
cjal-3363	158	8	sappington	sappington	PROPN
cjal-3363	158	9	&	&	CCONJ
cjal-3363	158	10	joseph	joseph	PROPN
cjal-3363	158	11	e.	e.	PROPN
cjal-3363	158	12	stiglitz	stiglitz	PROPN
cjal-3363	158	13	,	,	PUNCT
cjal-3363	158	14	privatization	privatization	NOUN
cjal-3363	158	15	,	,	PUNCT
cjal-3363	158	16	information	information	NOUN
cjal-3363	158	17	and	and	CCONJ
cjal-3363	158	18	incentives	incentive	NOUN
cjal-3363	158	19	,	,	PUNCT
cjal-3363	158	20	6	6	NUM
cjal-3363	158	21	j.	j.	NOUN
cjal-3363	158	22	pol'y	pol'y	PROPN
cjal-3363	158	23	analysis	analysis	NOUN
cjal-3363	158	24	&	&	CCONJ
cjal-3363	158	25	mgmt	mgmt	PROPN
cjal-3363	158	26	.	.	PUNCT
cjal-3363	159	1	567(1987	567(1987	NUM
cjal-3363	159	2	)	)	PUNCT
cjal-3363	159	3	.	.	PUNCT
cjal-3363	160	1	24	24	NUM
cjal-3363	160	2	jean	jean	PROPN
cjal-3363	160	3	tirole	tirole	PROPN
cjal-3363	160	4	,	,	PUNCT
cjal-3363	160	5	the	the	DET
cjal-3363	160	6	internal	internal	ADJ
cjal-3363	160	7	organization	organization	NOUN
cjal-3363	160	8	of	of	ADP
cjal-3363	160	9	government	government	NOUN
cjal-3363	160	10	,	,	PUNCT
cjal-3363	160	11	46	46	NUM
cjal-3363	160	12	oxford	oxford	PROPN
cjal-3363	160	13	econ	econ	PROPN
cjal-3363	160	14	.	.	PUNCT
cjal-3363	161	1	papers	paper	NOUN
cjal-3363	161	2	1	1	NUM
cjal-3363	161	3	,	,	PUNCT
cjal-3363	161	4	19	19	NUM
cjal-3363	161	5	(	(	PUNCT
cjal-3363	161	6	1994	1994	NUM
cjal-3363	161	7	)	)	PUNCT
cjal-3363	161	8	.	.	PUNCT
cjal-3363	162	1	see	see	VERB
cjal-3363	162	2	also	also	ADV
cjal-3363	162	3	laffont	laffont	PROPN
cjal-3363	162	4	&	&	CCONJ
cjal-3363	162	5	tirole	tirole	PROPN
cjal-3363	162	6	,	,	PUNCT
cjal-3363	162	7	supra	supra	PROPN
cjal-3363	162	8	note	note	PROPN
cjal-3363	162	9	20	20	NUM
cjal-3363	162	10	,	,	PUNCT
cjal-3363	162	11	at	at	ADP
cjal-3363	162	12	639	639	NUM
cjal-3363	162	13	.	.	PUNCT
cjal-3363	163	1	25	25	NUM
cjal-3363	163	2	laffont	laffont	NOUN
cjal-3363	163	3	and	and	CCONJ
cjal-3363	163	4	tirole	tirole	NOUN
cjal-3363	163	5	make	make	VERB
cjal-3363	163	6	no	no	DET
cjal-3363	163	7	distinction	distinction	NOUN
cjal-3363	163	8	between	between	ADP
cjal-3363	163	9	regulation	regulation	NOUN
cjal-3363	163	10	and	and	CCONJ
cjal-3363	163	11	contract	contract	NOUN
cjal-3363	163	12	,	,	PUNCT
cjal-3363	163	13	which	which	PRON
cjal-3363	163	14	led	lead	VERB
cjal-3363	163	15	them	they	PRON
cjal-3363	163	16	to	to	PART
cjal-3363	163	17	conclude	conclude	VERB
cjal-3363	163	18	that	that	SCONJ
cjal-3363	163	19	one	one	NUM
cjal-3363	163	20	of	of	ADP
cjal-3363	163	21	the	the	DET
cjal-3363	163	22	disadvantages	disadvantage	NOUN
cjal-3363	163	23	of	of	ADP
cjal-3363	163	24	public	public	ADJ
cjal-3363	163	25	enterprises	enterprise	NOUN
cjal-3363	163	26	is	be	AUX
cjal-3363	163	27	under	under	ADP
cjal-3363	163	28	-	-	PUNCT
cjal-3363	163	29	investment	investment	NOUN
cjal-3363	163	30	.	.	PUNCT
cjal-3363	164	1	as	as	SCONJ
cjal-3363	164	2	i	i	PRON
cjal-3363	164	3	will	will	AUX
cjal-3363	164	4	show	show	VERB
cjal-3363	164	5	below	below	ADP
cjal-3363	164	6	,	,	PUNCT
cjal-3363	164	7	private	private	ADJ
cjal-3363	164	8	enterprises	enterprise	NOUN
cjal-3363	164	9	may	may	AUX
cjal-3363	164	10	also	also	ADV
cjal-3363	164	11	under	under	ADV
cjal-3363	164	12	-	-	PUNCT
cjal-3363	164	13	invest	invest	NOUN
cjal-3363	164	14	because	because	SCONJ
cjal-3363	164	15	the	the	DET
cjal-3363	164	16	state	state	NOUN
cjal-3363	164	17	can	can	AUX
cjal-3363	164	18	change	change	VERB
cjal-3363	164	19	regulatory	regulatory	ADJ
cjal-3363	164	20	policies	policy	NOUN
cjal-3363	164	21	at	at	ADP
cjal-3363	164	22	any	any	DET
cjal-3363	164	23	time	time	NOUN
cjal-3363	164	24	.	.	PUNCT
cjal-3363	165	1	laffont	laffont	PROPN
cjal-3363	165	2	&	&	CCONJ
cjal-3363	165	3	tirole	tirole	PROPN
cjal-3363	165	4	,	,	PUNCT
cjal-3363	165	5	supra	supra	PROPN
cjal-3363	165	6	note	note	PROPN
cjal-3363	165	7	20	20	NUM
cjal-3363	165	8	,	,	PUNCT
cjal-3363	165	9	at	at	ADP
cjal-3363	165	10	644	644	NUM
cjal-3363	165	11	.	.	PUNCT
cjal-3363	165	12	26	26	NUM
cjal-3363	165	13	see	see	NOUN
cjal-3363	165	14	e.g.	e.g.	ADV
cjal-3363	165	15	,	,	PUNCT
cjal-3363	165	16	colin	colin	PROPN
cjal-3363	165	17	scott	scott	PROPN
cjal-3363	165	18	,	,	PUNCT
cjal-3363	165	19	agencification	agencification	NOUN
cjal-3363	165	20	,	,	PUNCT
cjal-3363	165	21	regulation	regulation	NOUN
cjal-3363	165	22	and	and	CCONJ
cjal-3363	165	23	judicialization	judicialization	NOUN
cjal-3363	165	24	:	:	PUNCT
cjal-3363	165	25	american	american	ADJ
cjal-3363	165	26	exceptionalism	exceptionalism	NOUN
cjal-3363	165	27	and	and	CCONJ
cjal-3363	165	28	other	other	ADJ
cjal-3363	165	29	ways	way	NOUN
cjal-3363	165	30	of	of	ADP
cjal-3363	165	31	life	life	NOUN
cjal-3363	165	32	,	,	PUNCT
cjal-3363	165	33	in	in	ADP
cjal-3363	165	34	administrative	administrative	ADJ
cjal-3363	165	35	law	law	NOUN
cjal-3363	165	36	and	and	CCONJ
cjal-3363	165	37	governance	governance	NOUN
cjal-3363	165	38	in	in	ADP
cjal-3363	165	39	asia	asia	PROPN
cjal-3363	165	40	40(tom	40(tom	PROPN
cjal-3363	165	41	ginsburg	ginsburg	PROPN
cjal-3363	165	42	and	and	CCONJ
cjal-3363	165	43	albert	albert	PROPN
cjal-3363	165	44	h.	h.	PROPN
cjal-3363	165	45	y.	y.	PROPN
cjal-3363	165	46	chen	chen	PROPN
cjal-3363	165	47	,	,	PUNCT
cjal-3363	165	48	eds	eds	PROPN
cjal-3363	165	49	.	.	PROPN
cjal-3363	165	50	,	,	PUNCT
cjal-3363	165	51	2009	2009	NUM
cjal-3363	165	52	)	)	PUNCT
cjal-3363	165	53	(	(	PUNCT
cjal-3363	165	54	“	"	PUNCT
cjal-3363	165	55	the	the	DET
cjal-3363	165	56	rise	rise	NOUN
cjal-3363	165	57	of	of	ADP
cjal-3363	165	58	regulation	regulation	NOUN
cjal-3363	165	59	.	.	PUNCT
cjal-3363	165	60	.	.	PUNCT
cjal-3363	165	61	.	.	PUNCT
cjal-3363	166	1	is	be	AUX
cjal-3363	166	2	largely	largely	ADV
cjal-3363	166	3	,	,	PUNCT
cjal-3363	166	4	through	through	ADP
cjal-3363	166	5	not	not	PART
cjal-3363	166	6	exclusively	exclusively	ADV
cjal-3363	166	7	,	,	PUNCT
cjal-3363	166	8	a	a	DET
cjal-3363	166	9	response	response	NOUN
cjal-3363	166	10	to	to	ADP
cjal-3363	166	11	the	the	DET
cjal-3363	166	12	problem	problem	NOUN
cjal-3363	166	13	of	of	ADP
cjal-3363	166	14	big	big	ADJ
cjal-3363	166	15	government	government	NOUN
cjal-3363	166	16	.	.	PUNCT
cjal-3363	167	1	in	in	ADP
cjal-3363	167	2	this	this	DET
cjal-3363	167	3	dimension	dimension	NOUN
cjal-3363	167	4	,	,	PUNCT
cjal-3363	167	5	governments	government	NOUN
cjal-3363	167	6	struggling	struggle	VERB
cjal-3363	167	7	with	with	ADP
cjal-3363	167	8	unmanageable	unmanageable	ADJ
cjal-3363	167	9	public	public	ADJ
cjal-3363	167	10	enterprises	enterprise	NOUN
cjal-3363	167	11	were	be	AUX
cjal-3363	167	12	seeking	seek	VERB
cjal-3363	167	13	mechanisms	mechanism	NOUN
cjal-3363	167	14	to	to	PART
cjal-3363	167	15	shrink	shrink	VERB
cjal-3363	167	16	the	the	DET
cjal-3363	167	17	state	state	NOUN
cjal-3363	167	18	.	.	PUNCT
cjal-3363	167	19	”	"	PUNCT
cjal-3363	167	20	)	)	PUNCT
cjal-3363	167	21	.	.	PUNCT
cjal-3363	168	1	27	27	NUM
cjal-3363	168	2	some	some	DET
cjal-3363	168	3	researchers	researcher	NOUN
cjal-3363	168	4	argue	argue	VERB
cjal-3363	168	5	that	that	SCONJ
cjal-3363	168	6	without	without	ADP
cjal-3363	168	7	sophisticated	sophisticated	ADJ
cjal-3363	168	8	legal	legal	ADJ
cjal-3363	168	9	instutions	instution	NOUN
cjal-3363	168	10	,	,	PUNCT
cjal-3363	168	11	especially	especially	ADV
cjal-3363	168	12	corporate	corporate	ADJ
cjal-3363	168	13	law	law	NOUN
cjal-3363	168	14	,	,	PUNCT
cjal-3363	168	15	privatized	privatized	ADJ
cjal-3363	168	16	firms	firm	NOUN
cjal-3363	168	17	may	may	AUX
cjal-3363	168	18	suffer	suffer	VERB
cjal-3363	168	19	from	from	ADP
cjal-3363	168	20	managerial	managerial	ADJ
cjal-3363	168	21	expropriation	expropriation	NOUN
cjal-3363	168	22	.	.	PUNCT
cjal-3363	169	1	however	however	ADV
cjal-3363	169	2	,	,	PUNCT
cjal-3363	169	3	few	few	ADJ
cjal-3363	169	4	consider	consider	VERB
cjal-3363	169	5	consumer	consumer	NOUN
cjal-3363	169	6	protection	protection	NOUN
cjal-3363	169	7	,	,	PUNCT
cjal-3363	169	8	environmental	environmental	ADJ
cjal-3363	169	9	protection	protection	NOUN
cjal-3363	169	10	,	,	PUNCT
cjal-3363	169	11	economic	economic	ADJ
cjal-3363	169	12	stability	stability	NOUN
cjal-3363	169	13	,	,	PUNCT
cjal-3363	169	14	and	and	CCONJ
cjal-3363	169	15	other	other	ADJ
cjal-3363	169	16	legitimate	legitimate	ADJ
cjal-3363	169	17	government	government	NOUN
cjal-3363	169	18	objectives	objective	NOUN
cjal-3363	169	19	.	.	PUNCT
cjal-3363	170	1	see	see	VERB
cjal-3363	170	2	joseph	joseph	PROPN
cjal-3363	170	3	stiglitz	stiglitz	PROPN
cjal-3363	170	4	,	,	PUNCT
cjal-3363	170	5	quis	quis	PROPN
cjal-3363	170	6	custodiet	custodiet	PROPN
cjal-3363	170	7	ipsos	ipsos	PROPN
cjal-3363	170	8	custodes	custodes	PROPN
cjal-3363	170	9	?	?	PROPN
cjal-3363	170	10	,	,	PUNCT
cjal-3363	170	11	42	42	NUM
cjal-3363	170	12	challenge	challenge	NOUN
cjal-3363	170	13	26	26	NUM
cjal-3363	170	14	,	,	PUNCT
cjal-3363	170	15	33	33	NUM
cjal-3363	170	16	(	(	PUNCT
cjal-3363	170	17	1999	1999	NUM
cjal-3363	170	18	)	)	PUNCT
cjal-3363	170	19	(	(	PUNCT
cjal-3363	170	20	”	"	PUNCT
cjal-3363	170	21	and	and	CCONJ
cjal-3363	170	22	although	although	SCONJ
cjal-3363	170	23	institutional	institutional	ADJ
cjal-3363	170	24	infrastructure	infrastructure	NOUN
cjal-3363	170	25	requires	require	VERB
cjal-3363	170	26	time	time	NOUN
cjal-3363	170	27	to	to	PART
cjal-3363	170	28	create	create	VERB
cjal-3363	170	29	,	,	PUNCT
cjal-3363	170	30	without	without	ADP
cjal-3363	170	31	it	it	PRON
cjal-3363	170	32	,	,	PUNCT
cjal-3363	170	33	privatization	privatization	NOUN
cjal-3363	170	34	may	may	AUX
cjal-3363	170	35	lead	lead	VERB
cjal-3363	170	36	more	more	ADJ
cjal-3363	170	37	to	to	ADP
cjal-3363	170	38	asset	asset	NOUN
cjal-3363	170	39	stripping	strip	VERB
cjal-3363	170	40	than	than	ADP
cjal-3363	170	41	to	to	ADP
cjal-3363	170	42	wealth	wealth	NOUN
cjal-3363	170	43	creation	creation	NOUN
cjal-3363	170	44	.	.	PUNCT
cjal-3363	170	45	”	"	PUNCT
cjal-3363	170	46	)	)	PUNCT
cjal-3363	170	47	.	.	PUNCT
cjal-3363	171	1	john	john	PROPN
cjal-3363	171	2	nellis	nellis	PROPN
cjal-3363	171	3	,	,	PUNCT
cjal-3363	171	4	the	the	DET
cjal-3363	171	5	world	world	PROPN
cjal-3363	171	6	bank	bank	PROPN
cjal-3363	171	7	,	,	PUNCT
cjal-3363	171	8	privatization	privatization	NOUN
cjal-3363	171	9	and	and	CCONJ
cjal-3363	171	10	enterprise	enterprise	NOUN
cjal-3363	171	11	reform	reform	NOUN
cjal-3363	171	12	in	in	ADP
cjal-3363	171	13	tansition	tansition	NOUN
cjal-3363	171	14	economies	economy	NOUN
cjal-3363	171	15	:	:	PUNCT
cjal-3363	171	16	a	a	DET
cjal-3363	171	17	retrospective	retrospective	ADJ
cjal-3363	171	18	analysis	analysis	NOUN
cjal-3363	171	19	,	,	PUNCT
cjal-3363	171	20	operations	operation	NOUN
cjal-3363	171	21	evaluation	evaluation	NOUN
cjal-3363	171	22	department	department	NOUN
cjal-3363	171	23	(	(	PUNCT
cjal-3363	171	24	oed	oed	PROPN
cjal-3363	171	25	)	)	PUNCT
cjal-3363	171	26	working	work	VERB
cjal-3363	171	27	paper	paper	NOUN
cjal-3363	171	28	23737	23737	NUM
cjal-3363	171	29	,	,	PUNCT
cjal-3363	171	30	46	46	NUM
cjal-3363	171	31	(	(	PUNCT
cjal-3363	171	32	2002	2002	NUM
cjal-3363	171	33	)	)	PUNCT
cjal-3363	171	34	.	.	PUNCT
cjal-3363	172	1	bernard	bernard	PROPN
cjal-3363	172	2	black	black	PROPN
cjal-3363	172	3	,	,	PUNCT
cjal-3363	172	4	reiner	reiner	PROPN
cjal-3363	172	5	kraakman	kraakman	PROPN
cjal-3363	172	6	&	&	CCONJ
cjal-3363	172	7	anna	anna	PROPN
cjal-3363	172	8	tarassova	tarassova	PROPN
cjal-3363	172	9	,	,	PUNCT
cjal-3363	172	10	russian	russian	ADJ
cjal-3363	172	11	privatization	privatization	NOUN
cjal-3363	172	12	and	and	CCONJ
cjal-3363	172	13	corporate	corporate	ADJ
cjal-3363	172	14	governance	governance	NOUN
cjal-3363	172	15	:	:	PUNCT
cjal-3363	172	16	what	what	PRON
cjal-3363	172	17	went	go	VERB
cjal-3363	172	18	wrong	wrong	ADJ
cjal-3363	172	19	?	?	PUNCT
cjal-3363	172	20	,	,	PUNCT
cjal-3363	172	21	52	52	NUM
cjal-3363	172	22	stan	stan	NOUN
cjal-3363	172	23	.	.	PUNCT
cjal-3363	173	1	l.	l.	PROPN
cjal-3363	173	2	rev	rev	PROPN
cjal-3363	173	3	.	.	PROPN
cjal-3363	173	4	1746	1746	NUM
cjal-3363	173	5	(	(	PUNCT
cjal-3363	173	6	2000	2000	NUM
cjal-3363	173	7	)	)	PUNCT
cjal-3363	173	8	.	.	PUNCT
cjal-3363	174	1	columbia	columbia	PROPN
cjal-3363	174	2	journal	journal	PROPN
cjal-3363	174	3	of	of	ADP
cjal-3363	174	4	asian	asian	ADJ
cjal-3363	174	5	law	law	NOUN
cjal-3363	175	1	[	[	X
cjal-3363	175	2	vol	vol	NOUN
cjal-3363	175	3	.	.	PUNCT
cjal-3363	176	1	31:1	31:1	NUM
cjal-3363	176	2	8	8	NUM
cjal-3363	176	3	for	for	ADP
cjal-3363	176	4	corporate	corporate	ADJ
cjal-3363	176	5	law	law	NOUN
cjal-3363	176	6	scholars	scholar	NOUN
cjal-3363	176	7	.	.	PUNCT
cjal-3363	177	1	28	28	NUM
cjal-3363	178	1	the	the	DET
cjal-3363	178	2	law	law	NOUN
cjal-3363	178	3	and	and	CCONJ
cjal-3363	178	4	finance	finance	NOUN
cjal-3363	178	5	literature	literature	NOUN
cjal-3363	178	6	suggests	suggest	VERB
cjal-3363	178	7	that	that	SCONJ
cjal-3363	178	8	good	good	ADJ
cjal-3363	178	9	corporate	corporate	ADJ
cjal-3363	178	10	governance	governance	NOUN
cjal-3363	178	11	encourages	encourage	VERB
cjal-3363	178	12	diversified	diversified	ADJ
cjal-3363	178	13	investment	investment	NOUN
cjal-3363	178	14	and	and	CCONJ
cjal-3363	178	15	dispersed	disperse	VERB
cjal-3363	178	16	ownership	ownership	NOUN
cjal-3363	178	17	structure	structure	NOUN
cjal-3363	178	18	,	,	PUNCT
cjal-3363	178	19	which	which	PRON
cjal-3363	178	20	is	be	AUX
cjal-3363	178	21	economically	economically	ADV
cjal-3363	178	22	efficient.29	efficient.29	NOUN
cjal-3363	178	23	other	other	ADJ
cjal-3363	178	24	scholars	scholar	NOUN
cjal-3363	178	25	disagree	disagree	VERB
cjal-3363	178	26	and	and	CCONJ
cjal-3363	178	27	have	have	AUX
cjal-3363	178	28	proposed	propose	VERB
cjal-3363	178	29	various	various	ADJ
cjal-3363	178	30	explanations	explanation	NOUN
cjal-3363	178	31	for	for	ADP
cjal-3363	178	32	the	the	DET
cjal-3363	178	33	varieties	variety	NOUN
cjal-3363	178	34	of	of	ADP
cjal-3363	178	35	capitalism	capitalism	NOUN
cjal-3363	178	36	across	across	ADP
cjal-3363	178	37	the	the	DET
cjal-3363	178	38	globe.30	globe.30	NOUN
cjal-3363	178	39	despite	despite	SCONJ
cjal-3363	178	40	its	its	PRON
cjal-3363	178	41	increasing	increase	VERB
cjal-3363	178	42	significance	significance	NOUN
cjal-3363	178	43	,	,	PUNCT
cjal-3363	178	44	state	state	NOUN
cjal-3363	178	45	capitalism	capitalism	NOUN
cjal-3363	178	46	has	have	AUX
cjal-3363	178	47	not	not	PART
cjal-3363	178	48	been	be	AUX
cjal-3363	178	49	fully	fully	ADV
cjal-3363	178	50	explained	explain	VERB
cjal-3363	178	51	and	and	CCONJ
cjal-3363	178	52	studied.31	studied.31	NOUN
cjal-3363	178	53	this	this	DET
cjal-3363	178	54	paper	paper	NOUN
cjal-3363	178	55	contributes	contribute	VERB
cjal-3363	178	56	to	to	ADP
cjal-3363	178	57	this	this	DET
cjal-3363	178	58	literature	literature	NOUN
cjal-3363	178	59	by	by	ADP
cjal-3363	178	60	examing	exame	VERB
cjal-3363	178	61	how	how	SCONJ
cjal-3363	178	62	the	the	DET
cjal-3363	178	63	need	need	NOUN
cjal-3363	178	64	for	for	ADP
cjal-3363	178	65	regulation	regulation	NOUN
cjal-3363	178	66	shapes	shape	VERB
cjal-3363	178	67	state	state	NOUN
cjal-3363	178	68	capitalism	capitalism	NOUN
cjal-3363	178	69	in	in	ADP
cjal-3363	178	70	a	a	DET
cjal-3363	178	71	country	country	NOUN
cjal-3363	178	72	with	with	ADP
cjal-3363	178	73	relatively	relatively	ADV
cjal-3363	178	74	weak	weak	ADJ
cjal-3363	178	75	regulatory	regulatory	ADJ
cjal-3363	178	76	capacity	capacity	NOUN
cjal-3363	178	77	.	.	PUNCT
cjal-3363	179	1	this	this	DET
cjal-3363	179	2	analysis	analysis	NOUN
cjal-3363	179	3	also	also	ADV
cjal-3363	179	4	has	have	VERB
cjal-3363	179	5	significant	significant	ADJ
cjal-3363	179	6	policy	policy	NOUN
cjal-3363	179	7	implications	implication	NOUN
cjal-3363	179	8	.	.	PUNCT
cjal-3363	180	1	it	it	PRON
cjal-3363	180	2	suggests	suggest	VERB
cjal-3363	180	3	that	that	SCONJ
cjal-3363	180	4	to	to	PART
cjal-3363	180	5	further	far	ADV
cjal-3363	180	6	promote	promote	VERB
cjal-3363	180	7	efficiency	efficiency	NOUN
cjal-3363	180	8	,	,	PUNCT
cjal-3363	180	9	china	china	PROPN
cjal-3363	180	10	should	should	AUX
cjal-3363	180	11	strive	strive	VERB
cjal-3363	180	12	to	to	PART
cjal-3363	180	13	reduce	reduce	VERB
cjal-3363	180	14	regulatory	regulatory	ADJ
cjal-3363	180	15	costs	cost	NOUN
cjal-3363	180	16	in	in	ADP
cjal-3363	180	17	the	the	DET
cjal-3363	180	18	long	long	ADJ
cjal-3363	180	19	run	run	NOUN
cjal-3363	180	20	by	by	ADP
cjal-3363	180	21	developing	develop	VERB
cjal-3363	180	22	the	the	DET
cjal-3363	180	23	relevant	relevant	ADJ
cjal-3363	180	24	regulatory	regulatory	ADJ
cjal-3363	180	25	and	and	CCONJ
cjal-3363	180	26	legal	legal	ADJ
cjal-3363	180	27	institutions	institution	NOUN
cjal-3363	180	28	.	.	PUNCT
cjal-3363	181	1	it	it	PRON
cjal-3363	181	2	should	should	AUX
cjal-3363	181	3	be	be	AUX
cjal-3363	181	4	recognized	recognize	VERB
cjal-3363	181	5	,	,	PUNCT
cjal-3363	181	6	however	however	ADV
cjal-3363	181	7	,	,	PUNCT
cjal-3363	181	8	that	that	SCONJ
cjal-3363	181	9	regulatory	regulatory	ADJ
cjal-3363	181	10	institutions	institution	NOUN
cjal-3363	181	11	may	may	AUX
cjal-3363	181	12	take	take	VERB
cjal-3363	181	13	a	a	DET
cjal-3363	181	14	long	long	ADJ
cjal-3363	181	15	time	time	NOUN
cjal-3363	181	16	to	to	PART
cjal-3363	181	17	develop	develop	VERB
cjal-3363	181	18	.	.	PUNCT
cjal-3363	182	1	thus	thus	ADV
cjal-3363	182	2	,	,	PUNCT
cjal-3363	182	3	in	in	ADP
cjal-3363	182	4	the	the	DET
cjal-3363	182	5	short	short	ADJ
cjal-3363	182	6	term	term	NOUN
cjal-3363	182	7	,	,	PUNCT
cjal-3363	182	8	china	china	PROPN
cjal-3363	182	9	should	should	AUX
cjal-3363	182	10	categorize	categorize	VERB
cjal-3363	182	11	soes	soe	NOUN
cjal-3363	182	12	based	base	VERB
cjal-3363	182	13	on	on	ADP
cjal-3363	182	14	the	the	DET
cjal-3363	182	15	difficulties	difficulty	NOUN
cjal-3363	182	16	in	in	ADP
cjal-3363	182	17	regulation	regulation	NOUN
cjal-3363	182	18	and	and	CCONJ
cjal-3363	182	19	gradually	gradually	ADV
cjal-3363	182	20	privatize	privatize	VERB
cjal-3363	182	21	those	those	PRON
cjal-3363	182	22	that	that	PRON
cjal-3363	182	23	they	they	PRON
cjal-3363	182	24	can	can	AUX
cjal-3363	182	25	effectively	effectively	ADV
cjal-3363	182	26	regulate	regulate	VERB
cjal-3363	182	27	.	.	PUNCT
cjal-3363	183	1	in	in	ADP
cjal-3363	183	2	this	this	DET
cjal-3363	183	3	article	article	NOUN
cjal-3363	183	4	,	,	PUNCT
cjal-3363	183	5	i	i	PRON
cjal-3363	183	6	will	will	AUX
cjal-3363	183	7	mainly	mainly	ADV
cjal-3363	183	8	focus	focus	VERB
cjal-3363	183	9	on	on	ADP
cjal-3363	183	10	one	one	NUM
cjal-3363	183	11	type	type	NOUN
cjal-3363	183	12	of	of	ADP
cjal-3363	183	13	state	state	NOUN
cjal-3363	183	14	intervention	intervention	NOUN
cjal-3363	183	15	–	–	PUNCT
cjal-3363	183	16	economic	economic	ADJ
cjal-3363	183	17	regulation	regulation	NOUN
cjal-3363	183	18	of	of	ADP
cjal-3363	183	19	industries	industry	NOUN
cjal-3363	183	20	with	with	ADP
cjal-3363	183	21	market	market	NOUN
cjal-3363	183	22	failures	failure	NOUN
cjal-3363	183	23	,	,	PUNCT
cjal-3363	183	24	since	since	SCONJ
cjal-3363	183	25	one	one	NUM
cjal-3363	183	26	of	of	ADP
cjal-3363	183	27	the	the	DET
cjal-3363	183	28	major	major	ADJ
cjal-3363	183	29	justifications	justification	NOUN
cjal-3363	183	30	for	for	ADP
cjal-3363	183	31	governmental	governmental	ADJ
cjal-3363	183	32	intervention	intervention	NOUN
cjal-3363	183	33	in	in	ADP
cjal-3363	183	34	the	the	DET
cjal-3363	183	35	market	market	NOUN
cjal-3363	183	36	is	be	AUX
cjal-3363	183	37	market	market	NOUN
cjal-3363	183	38	failure	failure	NOUN
cjal-3363	183	39	.	.	PUNCT
cjal-3363	184	1	the	the	DET
cjal-3363	184	2	thesis	thesis	NOUN
cjal-3363	184	3	here	here	ADV
cjal-3363	184	4	may	may	AUX
cjal-3363	184	5	also	also	ADV
cjal-3363	184	6	apply	apply	VERB
cjal-3363	184	7	to	to	ADP
cjal-3363	184	8	social	social	ADJ
cjal-3363	184	9	regulations	regulation	NOUN
cjal-3363	184	10	and	and	CCONJ
cjal-3363	184	11	other	other	ADJ
cjal-3363	184	12	government	government	NOUN
cjal-3363	184	13	objectives	objective	NOUN
cjal-3363	184	14	.	.	PUNCT
cjal-3363	185	1	a	a	DET
cjal-3363	185	2	state	state	NOUN
cjal-3363	185	3	’s	’s	PART
cjal-3363	185	4	legitimate	legitimate	ADJ
cjal-3363	185	5	interests	interest	NOUN
cjal-3363	185	6	are	be	AUX
cjal-3363	185	7	plural	plural	ADJ
cjal-3363	185	8	,	,	PUNCT
cjal-3363	185	9	including	include	VERB
cjal-3363	185	10	environmental	environmental	ADJ
cjal-3363	185	11	protection	protection	NOUN
cjal-3363	185	12	,	,	PUNCT
cjal-3363	185	13	higher	high	ADJ
cjal-3363	185	14	employment	employment	NOUN
cjal-3363	185	15	rates	rate	NOUN
cjal-3363	185	16	,	,	PUNCT
cjal-3363	185	17	and	and	CCONJ
cjal-3363	185	18	national	national	ADJ
cjal-3363	185	19	security	security	NOUN
cjal-3363	185	20	.	.	PUNCT
cjal-3363	186	1	calculating	calculate	VERB
cjal-3363	186	2	the	the	DET
cjal-3363	186	3	social	social	ADJ
cjal-3363	186	4	benefits	benefit	NOUN
cjal-3363	186	5	and	and	CCONJ
cjal-3363	186	6	costs	cost	NOUN
cjal-3363	186	7	of	of	ADP
cjal-3363	186	8	these	these	DET
cjal-3363	186	9	values	value	NOUN
cjal-3363	186	10	that	that	SCONJ
cjal-3363	186	11	society	society	NOUN
cjal-3363	186	12	deems	deem	VERB
cjal-3363	186	13	important	important	ADJ
cjal-3363	186	14	may	may	AUX
cjal-3363	186	15	be	be	AUX
cjal-3363	186	16	difficult	difficult	ADJ
cjal-3363	186	17	,	,	PUNCT
cjal-3363	186	18	but	but	CCONJ
cjal-3363	186	19	not	not	PART
cjal-3363	186	20	impossible.32	impossible.32	VERB
cjal-3363	186	21	if	if	SCONJ
cjal-3363	186	22	a	a	DET
cjal-3363	186	23	state	state	NOUN
cjal-3363	186	24	is	be	AUX
cjal-3363	186	25	willing	willing	ADJ
cjal-3363	186	26	to	to	PART
cjal-3363	186	27	incur	incur	VERB
cjal-3363	186	28	higher	high	ADJ
cjal-3363	186	29	ownership	ownership	NOUN
cjal-3363	186	30	costs	cost	NOUN
cjal-3363	186	31	in	in	ADP
cjal-3363	186	32	exchange	exchange	NOUN
cjal-3363	186	33	for	for	ADP
cjal-3363	186	34	other	other	ADJ
cjal-3363	186	35	social	social	ADJ
cjal-3363	186	36	goals,33	goals,33	NOUN
cjal-3363	186	37	these	these	DET
cjal-3363	186	38	choices	choice	NOUN
cjal-3363	186	39	may	may	AUX
cjal-3363	186	40	be	be	AUX
cjal-3363	186	41	socially	socially	ADV
cjal-3363	186	42	28	28	NUM
cjal-3363	186	43	see	see	VERB
cjal-3363	186	44	generally	generally	ADV
cjal-3363	186	45	,	,	PUNCT
cjal-3363	186	46	adolph	adolph	PROPN
cjal-3363	186	47	a.	a.	PROPN
cjal-3363	186	48	berle	berle	PROPN
cjal-3363	186	49	,	,	PUNCT
cjal-3363	186	50	jr	jr	PROPN
cjal-3363	186	51	.	.	PROPN
cjal-3363	186	52	&	&	CCONJ
cjal-3363	186	53	gardiner	gardiner	PROPN
cjal-3363	186	54	c.	c.	PROPN
cjal-3363	186	55	means	mean	VERB
cjal-3363	186	56	,	,	PUNCT
cjal-3363	186	57	the	the	DET
cjal-3363	186	58	modern	modern	ADJ
cjal-3363	186	59	corporation	corporation	NOUN
cjal-3363	186	60	and	and	CCONJ
cjal-3363	186	61	private	private	ADJ
cjal-3363	186	62	property	property	NOUN
cjal-3363	186	63	(	(	PUNCT
cjal-3363	186	64	1932	1932	NUM
cjal-3363	186	65	)	)	PUNCT
cjal-3363	186	66	.	.	PUNCT
cjal-3363	187	1	29	29	NUM
cjal-3363	187	2	rafael	rafael	PROPN
cjal-3363	187	3	la	la	PROPN
cjal-3363	187	4	porta	porta	PROPN
cjal-3363	187	5	,	,	PUNCT
cjal-3363	187	6	florencio	florencio	PROPN
cjal-3363	187	7	lopez	lopez	PROPN
cjal-3363	187	8	-	-	PUNCT
cjal-3363	187	9	de	de	NOUN
cjal-3363	187	10	-	-	NOUN
cjal-3363	187	11	silanes	silane	NOUN
cjal-3363	187	12	,	,	PUNCT
cjal-3363	187	13	andrei	andrei	NOUN
cjal-3363	187	14	shleifer	shleifer	PROPN
cjal-3363	187	15	,	,	PUNCT
cjal-3363	187	16	&	&	CCONJ
cjal-3363	187	17	robert	robert	PROPN
cjal-3363	187	18	vishny	vishny	PROPN
cjal-3363	187	19	,	,	PUNCT
cjal-3363	187	20	law	law	NOUN
cjal-3363	187	21	and	and	CCONJ
cjal-3363	187	22	finance	finance	NOUN
cjal-3363	187	23	,	,	PUNCT
cjal-3363	187	24	106	106	NUM
cjal-3363	187	25	j.	j.	PROPN
cjal-3363	187	26	pol’y	pol’y	PROPN
cjal-3363	187	27	econ	econ	X
cjal-3363	187	28	.	.	PUNCT
cjal-3363	188	1	1113	1113	NUM
cjal-3363	188	2	-	-	SYM
cjal-3363	188	3	55	55	NUM
cjal-3363	188	4	(	(	PUNCT
cjal-3363	188	5	1998	1998	NUM
cjal-3363	188	6	)	)	PUNCT
cjal-3363	188	7	.	.	PUNCT
cjal-3363	189	1	30	30	NUM
cjal-3363	189	2	see	see	VERB
cjal-3363	189	3	generally	generally	ADV
cjal-3363	189	4	mark	mark	VERB
cjal-3363	189	5	j.	j.	PROPN
cjal-3363	189	6	roe	roe	PROPN
cjal-3363	189	7	,	,	PUNCT
cjal-3363	189	8	a	a	DET
cjal-3363	189	9	political	political	ADJ
cjal-3363	189	10	theory	theory	NOUN
cjal-3363	189	11	of	of	ADP
cjal-3363	189	12	american	american	ADJ
cjal-3363	189	13	corporate	corporate	ADJ
cjal-3363	189	14	finance	finance	NOUN
cjal-3363	189	15	,	,	PUNCT
cjal-3363	189	16	91	91	NUM
cjal-3363	189	17	colum	colum	NOUN
cjal-3363	189	18	.	.	PUNCT
cjal-3363	190	1	l.	l.	PROPN
cjal-3363	190	2	rev	rev	PROPN
cjal-3363	190	3	.	.	PROPN
cjal-3363	190	4	10	10	NUM
cjal-3363	190	5	(	(	PUNCT
cjal-3363	190	6	1991	1991	NUM
cjal-3363	190	7	)	)	PUNCT
cjal-3363	190	8	(	(	PUNCT
cjal-3363	190	9	proposing	propose	VERB
cjal-3363	190	10	a	a	DET
cjal-3363	190	11	political	political	ADJ
cjal-3363	190	12	explanation	explanation	NOUN
cjal-3363	190	13	for	for	ADP
cjal-3363	190	14	the	the	DET
cjal-3363	190	15	dispersed	disperse	VERB
cjal-3363	190	16	ownership	ownership	NOUN
cjal-3363	190	17	structure	structure	NOUN
cjal-3363	190	18	in	in	ADP
cjal-3363	190	19	the	the	DET
cjal-3363	190	20	united	united	PROPN
cjal-3363	190	21	states	states	PROPN
cjal-3363	190	22	)	)	PUNCT
cjal-3363	190	23	;	;	PUNCT
cjal-3363	190	24	ronald	ronald	PROPN
cjal-3363	190	25	j.	j.	PROPN
cjal-3363	190	26	gilson	gilson	PROPN
cjal-3363	190	27	,	,	PUNCT
cjal-3363	190	28	controlling	control	VERB
cjal-3363	190	29	shareholders	shareholder	NOUN
cjal-3363	190	30	and	and	CCONJ
cjal-3363	190	31	corporate	corporate	ADJ
cjal-3363	190	32	governance	governance	NOUN
cjal-3363	190	33	:	:	PUNCT
cjal-3363	190	34	complicating	complicate	VERB
cjal-3363	190	35	the	the	DET
cjal-3363	190	36	comparative	comparative	ADJ
cjal-3363	190	37	taxonomy	taxonomy	NOUN
cjal-3363	190	38	,	,	PUNCT
cjal-3363	190	39	119	119	NUM
cjal-3363	190	40	harv	harv	NOUN
cjal-3363	190	41	.	.	PUNCT
cjal-3363	191	1	l.	l.	PROPN
cjal-3363	191	2	rev	rev	PROPN
cjal-3363	191	3	.	.	PROPN
cjal-3363	191	4	1641	1641	NUM
cjal-3363	191	5	(	(	PUNCT
cjal-3363	191	6	2006)(arguing	2006)(argue	VERB
cjal-3363	191	7	for	for	ADP
cjal-3363	191	8	a	a	DET
cjal-3363	191	9	distinction	distinction	NOUN
cjal-3363	191	10	between	between	ADP
cjal-3363	191	11	efficient	efficient	ADJ
cjal-3363	191	12	and	and	CCONJ
cjal-3363	191	13	inefficient	inefficient	ADJ
cjal-3363	191	14	controlling	control	VERB
cjal-3363	191	15	shareholder	shareholder	NOUN
cjal-3363	191	16	regimes	regime	NOUN
cjal-3363	191	17	.	.	PUNCT
cjal-3363	191	18	)	)	PUNCT
cjal-3363	191	19	.	.	PUNCT
cjal-3363	192	1	see	see	VERB
cjal-3363	192	2	also	also	ADV
cjal-3363	192	3	ronald	ronald	PROPN
cjal-3363	192	4	j.	j.	PROPN
cjal-3363	192	5	gilson	gilson	PROPN
cjal-3363	192	6	,	,	PUNCT
cjal-3363	192	7	corporate	corporate	ADJ
cjal-3363	192	8	governance	governance	NOUN
cjal-3363	192	9	and	and	CCONJ
cjal-3363	192	10	economic	economic	ADJ
cjal-3363	192	11	efficiency	efficiency	NOUN
cjal-3363	192	12	:	:	PUNCT
cjal-3363	192	13	when	when	SCONJ
cjal-3363	192	14	do	do	AUX
cjal-3363	192	15	institutions	institution	NOUN
cjal-3363	192	16	matter	matter	VERB
cjal-3363	192	17	?	?	PUNCT
cjal-3363	192	18	,	,	PUNCT
cjal-3363	192	19	74	74	NUM
cjal-3363	192	20	wash	wash	NOUN
cjal-3363	192	21	.	.	PUNCT
cjal-3363	193	1	u.l.q	u.l.q	NOUN
cjal-3363	193	2	.	.	PUNCT
cjal-3363	194	1	327	327	NUM
cjal-3363	194	2	(	(	PUNCT
cjal-3363	194	3	1996	1996	NUM
cjal-3363	194	4	)	)	PUNCT
cjal-3363	194	5	;	;	PUNCT
cjal-3363	194	6	peter	peter	PROPN
cjal-3363	194	7	a.	a.	PROPN
cjal-3363	194	8	hall	hall	PROPN
cjal-3363	194	9	&	&	CCONJ
cjal-3363	194	10	david	david	PROPN
cjal-3363	194	11	soskice	soskice	PROPN
cjal-3363	194	12	,	,	PUNCT
cjal-3363	194	13	an	an	DET
cjal-3363	194	14	introduction	introduction	NOUN
cjal-3363	194	15	to	to	ADP
cjal-3363	194	16	varieties	variety	NOUN
cjal-3363	194	17	of	of	ADP
cjal-3363	194	18	capitalism	capitalism	NOUN
cjal-3363	194	19	,	,	PUNCT
cjal-3363	194	20	in	in	ADP
cjal-3363	194	21	varieties	variety	NOUN
cjal-3363	194	22	of	of	ADP
cjal-3363	194	23	capitalism	capitalism	NOUN
cjal-3363	194	24	:	:	PUNCT
cjal-3363	194	25	the	the	DET
cjal-3363	194	26	institutional	institutional	ADJ
cjal-3363	194	27	foundations	foundation	NOUN
cjal-3363	194	28	of	of	ADP
cjal-3363	194	29	comparative	comparative	ADJ
cjal-3363	194	30	advantage	advantage	NOUN
cjal-3363	194	31	1	1	NUM
cjal-3363	194	32	-	-	SYM
cjal-3363	194	33	21	21	NUM
cjal-3363	194	34	(	(	PUNCT
cjal-3363	194	35	peter	peter	PROPN
cjal-3363	194	36	a.	a.	PROPN
cjal-3363	194	37	hall	hall	PROPN
cjal-3363	194	38	&	&	CCONJ
cjal-3363	194	39	david	david	PROPN
cjal-3363	194	40	soskice	soskice	PROPN
cjal-3363	194	41	eds	eds	PROPN
cjal-3363	194	42	.	.	PROPN
cjal-3363	194	43	2001	2001	NUM
cjal-3363	194	44	)	)	PUNCT
cjal-3363	194	45	.	.	PUNCT
cjal-3363	195	1	31	31	NUM
cjal-3363	195	2	for	for	ADP
cjal-3363	195	3	some	some	DET
cjal-3363	195	4	studies	study	NOUN
cjal-3363	195	5	,	,	PUNCT
cjal-3363	195	6	see	see	VERB
cjal-3363	195	7	generally	generally	ADV
cjal-3363	195	8	mariana	mariana	PROPN
cjal-3363	195	9	pargendler	pargendler	PROPN
cjal-3363	195	10	,	,	PUNCT
cjal-3363	195	11	aldo	aldo	PROPN
cjal-3363	195	12	musacchio	musacchio	PROPN
cjal-3363	195	13	&	&	CCONJ
cjal-3363	195	14	sergio	sergio	PROPN
cjal-3363	195	15	g.	g.	PROPN
cjal-3363	195	16	lazzarinni	lazzarinni	PROPN
cjal-3363	195	17	,	,	PUNCT
cjal-3363	195	18	the	the	DET
cjal-3363	195	19	puzzle	puzzle	NOUN
cjal-3363	195	20	of	of	ADP
cjal-3363	195	21	private	private	ADJ
cjal-3363	195	22	investment	investment	NOUN
cjal-3363	195	23	in	in	ADP
cjal-3363	195	24	state	state	NOUN
cjal-3363	195	25	controlled	control	VERB
cjal-3363	195	26	firms	firm	NOUN
cjal-3363	195	27	,	,	PUNCT
cjal-3363	195	28	harvard	harvard	PROPN
cjal-3363	195	29	business	business	PROPN
cjal-3363	195	30	school	school	PROPN
cjal-3363	195	31	bgie	bgie	PROPN
cjal-3363	195	32	unit	unit	NOUN
cjal-3363	196	1	working	working	PROPN
cjal-3363	196	2	paper	paper	PROPN
cjal-3363	196	3	no	no	INTJ
cjal-3363	196	4	.	.	PROPN
cjal-3363	196	5	13	13	NUM
cjal-3363	196	6	-	-	SYM
cjal-3363	196	7	071	071	NUM
cjal-3363	196	8	,	,	PUNCT
cjal-3363	196	9	https://ssrn.com/abstract=2217627	https://ssrn.com/abstract=2217627	PROPN
cjal-3363	196	10	;	;	PUNCT
cjal-3363	196	11	aldo	aldo	PROPN
cjal-3363	196	12	musacchio	musacchio	PROPN
cjal-3363	196	13	&	&	CCONJ
cjal-3363	196	14	sergio	sergio	PROPN
cjal-3363	196	15	g.	g.	PROPN
cjal-3363	196	16	lazzarinni	lazzarinni	PROPN
cjal-3363	196	17	,	,	PUNCT
cjal-3363	196	18	leviathan	leviathan	PROPN
cjal-3363	196	19	in	in	ADP
cjal-3363	196	20	business	business	NOUN
cjal-3363	196	21	:	:	PUNCT
cjal-3363	196	22	varieties	variety	NOUN
cjal-3363	196	23	of	of	ADP
cjal-3363	196	24	state	state	NOUN
cjal-3363	196	25	capitalism	capitalism	NOUN
cjal-3363	196	26	(	(	PUNCT
cjal-3363	196	27	2012	2012	NUM
cjal-3363	196	28	)	)	PUNCT
cjal-3363	196	29	,	,	PUNCT
cjal-3363	197	1	http://ssrn.com/abstract=2070942	http://ssrn.com/abstract=2070942	PROPN
cjal-3363	197	2	.	.	PROPN
cjal-3363	197	3	32	32	NUM
cjal-3363	197	4	susan	susan	PROPN
cjal-3363	197	5	rose	rose	PROPN
cjal-3363	197	6	-	-	PUNCT
cjal-3363	197	7	ackerman	ackerman	PROPN
cjal-3363	197	8	,	,	PUNCT
cjal-3363	197	9	the	the	DET
cjal-3363	197	10	limits	limit	NOUN
cjal-3363	197	11	of	of	ADP
cjal-3363	197	12	cost	cost	NOUN
cjal-3363	197	13	/	/	SYM
cjal-3363	197	14	benefit	benefit	NOUN
cjal-3363	197	15	analysis	analysis	NOUN
cjal-3363	197	16	when	when	SCONJ
cjal-3363	197	17	disasters	disaster	NOUN
cjal-3363	197	18	loom	loom	VERB
cjal-3363	197	19	,	,	PUNCT
cjal-3363	197	20	7	7	NUM
cjal-3363	197	21	global	global	ADJ
cjal-3363	197	22	policy	policy	NOUN
cjal-3363	197	23	56	56	NUM
cjal-3363	197	24	,	,	PUNCT
cjal-3363	197	25	61	61	NUM
cjal-3363	197	26	(	(	PUNCT
cjal-3363	197	27	2016	2016	NUM
cjal-3363	197	28	)	)	PUNCT
cjal-3363	197	29	(	(	PUNCT
cjal-3363	197	30	“	"	PUNCT
cjal-3363	197	31	[	[	X
cjal-3363	197	32	a	a	X
cjal-3363	197	33	]	]	X
cjal-3363	197	34	democracy	democracy	NOUN
cjal-3363	197	35	may	may	AUX
cjal-3363	197	36	make	make	VERB
cjal-3363	197	37	choices	choice	NOUN
cjal-3363	197	38	that	that	PRON
cjal-3363	197	39	do	do	AUX
cjal-3363	197	40	not	not	PART
cjal-3363	197	41	jibe	jibe	VERB
cjal-3363	197	42	with	with	ADP
cjal-3363	197	43	those	those	PRON
cjal-3363	197	44	supported	support	VERB
cjal-3363	197	45	by	by	ADP
cjal-3363	197	46	technically	technically	ADV
cjal-3363	197	47	trained	train	VERB
cjal-3363	197	48	analysts	analyst	NOUN
cjal-3363	197	49	,	,	PUNCT
cjal-3363	197	50	but	but	CCONJ
cjal-3363	197	51	that	that	PRON
cjal-3363	197	52	is	be	AUX
cjal-3363	197	53	a	a	DET
cjal-3363	197	54	problem	problem	NOUN
cjal-3363	197	55	for	for	ADP
cjal-3363	197	56	analysts	analyst	NOUN
cjal-3363	197	57	,	,	PUNCT
cjal-3363	197	58	not	not	PART
cjal-3363	197	59	a	a	DET
cjal-3363	197	60	critique	critique	NOUN
cjal-3363	197	61	of	of	ADP
cjal-3363	197	62	democracy	democracy	NOUN
cjal-3363	197	63	”	"	PUNCT
cjal-3363	197	64	)	)	PUNCT
cjal-3363	197	65	.	.	PUNCT
cjal-3363	198	1	33	33	NUM
cjal-3363	198	2	mark	mark	PROPN
cjal-3363	198	3	j.	j.	PROPN
cjal-3363	198	4	roe	roe	PROPN
cjal-3363	198	5	,	,	PUNCT
cjal-3363	198	6	backlash	backlash	NOUN
cjal-3363	198	7	,	,	PUNCT
cjal-3363	198	8	98	98	NUM
cjal-3363	198	9	colum	colum	NOUN
cjal-3363	198	10	.	.	PUNCT
cjal-3363	199	1	l.	l.	PROPN
cjal-3363	199	2	rev	rev	PROPN
cjal-3363	199	3	.	.	PROPN
cjal-3363	199	4	217	217	NUM
cjal-3363	199	5	,	,	PUNCT
cjal-3363	199	6	219	219	NUM
cjal-3363	199	7	(	(	PUNCT
cjal-3363	199	8	1998	1998	NUM
cjal-3363	199	9	)	)	PUNCT
cjal-3363	199	10	(	(	PUNCT
cjal-3363	199	11	arguing	argue	VERB
cjal-3363	199	12	that	that	SCONJ
cjal-3363	199	13	stability	stability	NOUN
cjal-3363	199	14	is	be	AUX
cjal-3363	199	15	important	important	ADJ
cjal-3363	199	16	in	in	ADP
cjal-3363	199	17	the	the	DET
cjal-3363	199	18	analysis	analysis	NOUN
cjal-3363	199	19	2017	2017	NUM
cjal-3363	199	20	]	]	PUNCT
cjal-3363	199	21	state	state	NOUN
cjal-3363	199	22	ownership	ownership	NOUN
cjal-3363	199	23	and	and	CCONJ
cjal-3363	199	24	regulatory	regulatory	ADJ
cjal-3363	199	25	costs	cost	NOUN
cjal-3363	199	26	9	9	NUM
cjal-3363	199	27	desired.34	desired.34	NOUN
cjal-3363	199	28	this	this	DET
cjal-3363	199	29	article	article	NOUN
cjal-3363	199	30	proceeds	proceed	VERB
cjal-3363	199	31	in	in	ADP
cjal-3363	199	32	the	the	DET
cjal-3363	199	33	following	follow	VERB
cjal-3363	199	34	order	order	NOUN
cjal-3363	199	35	:	:	PUNCT
cjal-3363	199	36	part	part	NOUN
cjal-3363	199	37	i	i	PRON
cjal-3363	199	38	compares	compare	VERB
cjal-3363	199	39	state	state	NOUN
cjal-3363	199	40	ownership	ownership	NOUN
cjal-3363	199	41	and	and	CCONJ
cjal-3363	199	42	regulation	regulation	NOUN
cjal-3363	199	43	and	and	CCONJ
cjal-3363	199	44	illustrates	illustrate	VERB
cjal-3363	199	45	their	their	PRON
cjal-3363	199	46	relative	relative	ADJ
cjal-3363	199	47	strengths	strength	NOUN
cjal-3363	199	48	and	and	CCONJ
cjal-3363	199	49	weaknesses	weakness	NOUN
cjal-3363	199	50	.	.	PUNCT
cjal-3363	200	1	it	it	PRON
cjal-3363	200	2	then	then	ADV
cjal-3363	200	3	develops	develop	VERB
cjal-3363	200	4	a	a	DET
cjal-3363	200	5	framework	framework	NOUN
cjal-3363	200	6	to	to	PART
cjal-3363	200	7	analyze	analyze	VERB
cjal-3363	200	8	the	the	DET
cjal-3363	200	9	costs	cost	NOUN
cjal-3363	200	10	and	and	CCONJ
cjal-3363	200	11	benefits	benefit	NOUN
cjal-3363	200	12	of	of	ADP
cjal-3363	200	13	state	state	NOUN
cjal-3363	200	14	ownership	ownership	NOUN
cjal-3363	200	15	.	.	PUNCT
cjal-3363	201	1	part	part	PROPN
cjal-3363	201	2	ii	ii	PROPN
cjal-3363	201	3	uses	use	VERB
cjal-3363	201	4	several	several	ADJ
cjal-3363	201	5	case	case	NOUN
cjal-3363	201	6	studies	study	NOUN
cjal-3363	201	7	to	to	PART
cjal-3363	201	8	show	show	VERB
cjal-3363	201	9	that	that	PRON
cjal-3363	201	10	ownership	ownership	NOUN
cjal-3363	201	11	and	and	CCONJ
cjal-3363	201	12	regulatory	regulatory	ADJ
cjal-3363	201	13	costs	cost	NOUN
cjal-3363	201	14	can	can	AUX
cjal-3363	201	15	explain	explain	VERB
cjal-3363	201	16	both	both	CCONJ
cjal-3363	201	17	the	the	DET
cjal-3363	201	18	historical	historical	ADJ
cjal-3363	201	19	development	development	NOUN
cjal-3363	201	20	and	and	CCONJ
cjal-3363	201	21	sectoral	sectoral	ADJ
cjal-3363	201	22	distributions	distribution	NOUN
cjal-3363	201	23	of	of	ADP
cjal-3363	201	24	soes	soe	NOUN
cjal-3363	201	25	in	in	ADP
cjal-3363	201	26	china	china	PROPN
cjal-3363	201	27	,	,	PUNCT
cjal-3363	201	28	whereas	whereas	SCONJ
cjal-3363	201	29	theories	theory	NOUN
cjal-3363	201	30	in	in	ADP
cjal-3363	201	31	the	the	DET
cjal-3363	201	32	current	current	ADJ
cjal-3363	201	33	academic	academic	ADJ
cjal-3363	201	34	literature	literature	NOUN
cjal-3363	201	35	can	can	AUX
cjal-3363	201	36	not	not	PART
cjal-3363	201	37	adequately	adequately	ADV
cjal-3363	201	38	explain	explain	VERB
cjal-3363	201	39	them	they	PRON
cjal-3363	201	40	.	.	PUNCT
cjal-3363	202	1	part	part	NOUN
cjal-3363	202	2	iii	iii	PROPN
cjal-3363	202	3	discusses	discuss	VERB
cjal-3363	202	4	several	several	ADJ
cjal-3363	202	5	normative	normative	ADJ
cjal-3363	202	6	implications	implication	NOUN
cjal-3363	202	7	of	of	ADP
cjal-3363	202	8	this	this	DET
cjal-3363	202	9	thesis	thesis	NOUN
cjal-3363	202	10	.	.	PUNCT
cjal-3363	203	1	part	part	NOUN
cjal-3363	203	2	iv	iv	NUM
cjal-3363	203	3	concludes	conclude	VERB
cjal-3363	203	4	.	.	PUNCT
cjal-3363	204	1	i.	i.	PROPN
cjal-3363	204	2	a	a	DET
cjal-3363	204	3	theoretical	theoretical	ADJ
cjal-3363	204	4	framework	framework	NOUN
cjal-3363	204	5	:	:	PUNCT
cjal-3363	204	6	ownership	ownership	NOUN
cjal-3363	204	7	costs	cost	NOUN
cjal-3363	204	8	and	and	CCONJ
cjal-3363	204	9	regulatory	regulatory	ADJ
cjal-3363	204	10	costs	cost	NOUN
cjal-3363	204	11	previous	previous	ADJ
cjal-3363	204	12	studies	study	NOUN
cjal-3363	204	13	on	on	ADP
cjal-3363	204	14	the	the	DET
cjal-3363	204	15	efficiency	efficiency	NOUN
cjal-3363	204	16	of	of	ADP
cjal-3363	204	17	soes	soe	NOUN
cjal-3363	204	18	largely	largely	ADV
cjal-3363	204	19	focus	focus	VERB
cjal-3363	204	20	on	on	ADP
cjal-3363	204	21	their	their	PRON
cjal-3363	204	22	financial	financial	ADJ
cjal-3363	204	23	performance.35	performance.35	NOUN
cjal-3363	204	24	put	put	VERB
cjal-3363	204	25	another	another	DET
cjal-3363	204	26	way	way	NOUN
cjal-3363	204	27	,	,	PUNCT
cjal-3363	204	28	these	these	DET
cjal-3363	204	29	studies	study	NOUN
cjal-3363	204	30	examine	examine	VERB
cjal-3363	204	31	whether	whether	SCONJ
cjal-3363	204	32	state	state	NOUN
cjal-3363	204	33	ownership	ownership	NOUN
cjal-3363	204	34	incurs	incur	VERB
cjal-3363	204	35	higher	high	ADJ
cjal-3363	204	36	social	social	ADJ
cjal-3363	204	37	costs	cost	NOUN
cjal-3363	204	38	due	due	ADP
cjal-3363	204	39	to	to	ADP
cjal-3363	204	40	the	the	DET
cjal-3363	204	41	state	state	NOUN
cjal-3363	204	42	’s	’s	PART
cjal-3363	204	43	inability	inability	NOUN
cjal-3363	204	44	to	to	PART
cjal-3363	204	45	control	control	VERB
cjal-3363	204	46	and	and	CCONJ
cjal-3363	204	47	manage	manage	VERB
cjal-3363	204	48	enterprises	enterprise	NOUN
cjal-3363	204	49	compared	compare	VERB
cjal-3363	204	50	with	with	ADP
cjal-3363	204	51	private	private	ADJ
cjal-3363	204	52	investors	investor	NOUN
cjal-3363	204	53	.	.	PUNCT
cjal-3363	205	1	however	however	ADV
cjal-3363	205	2	,	,	PUNCT
cjal-3363	205	3	soes	soe	NOUN
cjal-3363	205	4	may	may	AUX
cjal-3363	205	5	also	also	ADV
cjal-3363	205	6	play	play	VERB
cjal-3363	205	7	a	a	DET
cjal-3363	205	8	role	role	NOUN
cjal-3363	205	9	in	in	ADP
cjal-3363	205	10	reducing	reduce	VERB
cjal-3363	205	11	the	the	DET
cjal-3363	205	12	social	social	ADJ
cjal-3363	205	13	costs	cost	NOUN
cjal-3363	205	14	of	of	ADP
cjal-3363	205	15	regulation.36	regulation.36	NOUN
cjal-3363	205	16	a	a	DET
cjal-3363	205	17	full	full	ADJ
cjal-3363	205	18	analysis	analysis	NOUN
cjal-3363	205	19	of	of	ADP
cjal-3363	205	20	the	the	DET
cjal-3363	205	21	efficiency	efficiency	NOUN
cjal-3363	205	22	of	of	ADP
cjal-3363	205	23	soes	soe	NOUN
cjal-3363	205	24	should	should	AUX
cjal-3363	205	25	consider	consider	VERB
cjal-3363	205	26	both	both	CCONJ
cjal-3363	205	27	the	the	DET
cjal-3363	205	28	social	social	ADJ
cjal-3363	205	29	costs	cost	NOUN
cjal-3363	205	30	of	of	ADP
cjal-3363	205	31	ownership	ownership	NOUN
cjal-3363	205	32	and	and	CCONJ
cjal-3363	205	33	those	those	PRON
cjal-3363	205	34	of	of	ADP
cjal-3363	205	35	regulation,37	regulation,37	NOUN
cjal-3363	205	36	which	which	PRON
cjal-3363	205	37	i	i	PRON
cjal-3363	205	38	refer	refer	VERB
cjal-3363	205	39	to	to	ADP
cjal-3363	205	40	as	as	ADP
cjal-3363	205	41	ownership	ownership	NOUN
cjal-3363	205	42	and	and	CCONJ
cjal-3363	205	43	regulatory	regulatory	ADJ
cjal-3363	205	44	costs	cost	NOUN
cjal-3363	205	45	.	.	PUNCT
cjal-3363	206	1	subsections	subsection	NOUN
cjal-3363	206	2	a	a	PRON
cjal-3363	206	3	and	and	CCONJ
cjal-3363	206	4	b	b	NOUN
cjal-3363	206	5	discuss	discuss	NOUN
cjal-3363	206	6	in	in	ADP
cjal-3363	206	7	detail	detail	NOUN
cjal-3363	206	8	the	the	DET
cjal-3363	206	9	concepts	concept	NOUN
cjal-3363	206	10	and	and	CCONJ
cjal-3363	206	11	components	component	NOUN
cjal-3363	206	12	of	of	ADP
cjal-3363	206	13	these	these	DET
cjal-3363	206	14	two	two	NUM
cjal-3363	206	15	costs	cost	NOUN
cjal-3363	206	16	.	.	PUNCT
cjal-3363	207	1	a.	a.	NOUN
cjal-3363	207	2	ownership	ownership	NOUN
cjal-3363	207	3	costs	cost	VERB
cjal-3363	207	4	many	many	ADJ
cjal-3363	207	5	studies	study	NOUN
cjal-3363	207	6	show	show	VERB
cjal-3363	207	7	that	that	SCONJ
cjal-3363	207	8	state	state	NOUN
cjal-3363	207	9	ownership	ownership	NOUN
cjal-3363	207	10	generally	generally	ADV
cjal-3363	207	11	incurs	incur	VERB
cjal-3363	207	12	higher	high	ADJ
cjal-3363	207	13	ownership	ownership	NOUN
cjal-3363	207	14	costs.38	costs.38	NOUN
cjal-3363	207	15	the	the	DET
cjal-3363	207	16	state	state	NOUN
cjal-3363	207	17	of	of	ADP
cjal-3363	207	18	economic	economic	ADJ
cjal-3363	207	19	efficiency	efficiency	NOUN
cjal-3363	207	20	)	)	PUNCT
cjal-3363	207	21	.	.	PUNCT
cjal-3363	208	1	douglas	douglas	PROPN
cjal-3363	208	2	a.	a.	PROPN
cjal-3363	208	3	kysar	kysar	PROPN
cjal-3363	208	4	,	,	PUNCT
cjal-3363	208	5	regulating	regulate	VERB
cjal-3363	208	6	from	from	ADP
cjal-3363	208	7	nowhere	nowhere	ADV
cjal-3363	208	8	222	222	NUM
cjal-3363	208	9	(	(	PUNCT
cjal-3363	208	10	2010	2010	NUM
cjal-3363	208	11	)	)	PUNCT
cjal-3363	208	12	(	(	PUNCT
cjal-3363	208	13	arguing	argue	VERB
cjal-3363	208	14	that	that	SCONJ
cjal-3363	208	15	many	many	ADJ
cjal-3363	208	16	environmental	environmental	ADJ
cjal-3363	208	17	policies	policy	NOUN
cjal-3363	208	18	need	need	VERB
cjal-3363	208	19	to	to	PART
cjal-3363	208	20	be	be	AUX
cjal-3363	208	21	determined	determine	VERB
cjal-3363	208	22	by	by	ADP
cjal-3363	208	23	political	political	ADJ
cjal-3363	208	24	procedures	procedure	NOUN
cjal-3363	208	25	and	and	CCONJ
cjal-3363	208	26	not	not	PART
cjal-3363	208	27	just	just	ADV
cjal-3363	208	28	cost	cost	NOUN
cjal-3363	208	29	-	-	PUNCT
cjal-3363	208	30	benefit	benefit	NOUN
cjal-3363	208	31	analysis	analysis	NOUN
cjal-3363	208	32	)	)	PUNCT
cjal-3363	208	33	.	.	PUNCT
cjal-3363	209	1	34	34	NUM
cjal-3363	210	1	i	i	PRON
cjal-3363	210	2	d.	d.	PROPN
cjal-3363	210	3	35	35	NUM
cjal-3363	210	4	see	see	VERB
cjal-3363	210	5	e.g.	e.g.	ADV
cjal-3363	210	6	,	,	PUNCT
cjal-3363	210	7	megginson	megginson	PROPN
cjal-3363	210	8	&	&	CCONJ
cjal-3363	210	9	netter	netter	PROPN
cjal-3363	210	10	,	,	PUNCT
cjal-3363	210	11	supra	supra	PROPN
cjal-3363	210	12	note	note	NOUN
cjal-3363	210	13	1	1	NUM
cjal-3363	210	14	,	,	PUNCT
cjal-3363	210	15	at	at	ADP
cjal-3363	210	16	325	325	NUM
cjal-3363	210	17	.	.	PUNCT
cjal-3363	211	1	36	36	NUM
cjal-3363	211	2	w.	w.	PROPN
cjal-3363	211	3	kip	kip	PROPN
cjal-3363	211	4	viscusi	viscusi	PROPN
cjal-3363	211	5	,	,	PUNCT
cjal-3363	211	6	joseph	joseph	PROPN
cjal-3363	211	7	e.	e.	PROPN
cjal-3363	211	8	harrington	harrington	PROPN
cjal-3363	211	9	,	,	PUNCT
cjal-3363	211	10	jr	jr	PROPN
cjal-3363	211	11	.	.	PROPN
cjal-3363	211	12	,	,	PUNCT
cjal-3363	211	13	john	john	PROPN
cjal-3363	211	14	m.	m.	PROPN
cjal-3363	211	15	vernon	vernon	PROPN
cjal-3363	211	16	,	,	PUNCT
cjal-3363	211	17	economics	economic	NOUN
cjal-3363	211	18	of	of	ADP
cjal-3363	211	19	regulation	regulation	NOUN
cjal-3363	211	20	and	and	CCONJ
cjal-3363	211	21	antitrust	antitrust	ADJ
cjal-3363	211	22	503	503	NUM
cjal-3363	211	23	(	(	PUNCT
cjal-3363	211	24	2005	2005	NUM
cjal-3363	211	25	)	)	PUNCT
cjal-3363	211	26	.	.	PUNCT
cjal-3363	212	1	this	this	DET
cjal-3363	212	2	article	article	NOUN
cjal-3363	212	3	mainly	mainly	ADV
cjal-3363	212	4	focuses	focus	VERB
cjal-3363	212	5	on	on	ADP
cjal-3363	212	6	the	the	DET
cjal-3363	212	7	tradeoffs	tradeoff	NOUN
cjal-3363	212	8	between	between	ADP
cjal-3363	212	9	using	use	VERB
cjal-3363	212	10	state	state	NOUN
cjal-3363	212	11	ownership	ownership	NOUN
cjal-3363	212	12	and	and	CCONJ
cjal-3363	212	13	regulation	regulation	NOUN
cjal-3363	212	14	,	,	PUNCT
cjal-3363	212	15	since	since	SCONJ
cjal-3363	212	16	the	the	DET
cjal-3363	212	17	comparison	comparison	NOUN
cjal-3363	212	18	of	of	ADP
cjal-3363	212	19	social	social	ADJ
cjal-3363	212	20	costs	cost	NOUN
cjal-3363	212	21	of	of	ADP
cjal-3363	212	22	state	state	NOUN
cjal-3363	212	23	ownership	ownership	NOUN
cjal-3363	212	24	and	and	CCONJ
cjal-3363	212	25	public	public	ADJ
cjal-3363	212	26	-	-	PUNCT
cjal-3363	212	27	private	private	ADJ
cjal-3363	212	28	contract	contract	NOUN
cjal-3363	212	29	has	have	AUX
cjal-3363	212	30	been	be	AUX
cjal-3363	212	31	discussed	discuss	VERB
cjal-3363	212	32	before	before	ADV
cjal-3363	212	33	.	.	PUNCT
cjal-3363	213	1	see	see	VERB
cjal-3363	213	2	generally	generally	ADV
cjal-3363	213	3	david	david	PROPN
cjal-3363	213	4	e.	e.	PROPN
cjal-3363	213	5	m.	m.	PROPN
cjal-3363	213	6	sappington	sappington	PROPN
cjal-3363	213	7	&	&	CCONJ
cjal-3363	213	8	joseph	joseph	PROPN
cjal-3363	213	9	e.	e.	PROPN
cjal-3363	213	10	stiglitz	stiglitz	PROPN
cjal-3363	213	11	,	,	PUNCT
cjal-3363	213	12	supra	supra	PROPN
cjal-3363	213	13	note	note	NOUN
cjal-3363	213	14	23	23	NUM
cjal-3363	213	15	.	.	PUNCT
cjal-3363	214	1	37	37	NUM
cjal-3363	214	2	previous	previous	ADJ
cjal-3363	214	3	studies	study	NOUN
cjal-3363	214	4	have	have	AUX
cjal-3363	214	5	largely	largely	ADV
cjal-3363	214	6	presumed	presume	VERB
cjal-3363	214	7	that	that	SCONJ
cjal-3363	214	8	regulation	regulation	NOUN
cjal-3363	214	9	is	be	AUX
cjal-3363	214	10	effective	effective	ADJ
cjal-3363	214	11	,	,	PUNCT
cjal-3363	214	12	rendering	render	VERB
cjal-3363	214	13	state	state	NOUN
cjal-3363	214	14	ownership	ownership	NOUN
cjal-3363	214	15	unnecessary	unnecessary	ADJ
cjal-3363	214	16	.	.	PUNCT
cjal-3363	215	1	shleifer	shleifer	PROPN
cjal-3363	215	2	,	,	PUNCT
cjal-3363	215	3	supra	supra	PROPN
cjal-3363	215	4	note	note	NOUN
cjal-3363	215	5	1	1	NUM
cjal-3363	215	6	,	,	PUNCT
cjal-3363	215	7	at	at	ADP
cjal-3363	215	8	136	136	NUM
cjal-3363	215	9	.	.	PUNCT
cjal-3363	216	1	world	world	PROPN
cjal-3363	216	2	bank	bank	PROPN
cjal-3363	216	3	,	,	PUNCT
cjal-3363	216	4	supra	supra	PROPN
cjal-3363	216	5	note	note	PROPN
cjal-3363	216	6	1	1	NUM
cjal-3363	216	7	,	,	PUNCT
cjal-3363	216	8	at	at	ADP
cjal-3363	216	9	36	36	NUM
cjal-3363	216	10	(	(	PUNCT
cjal-3363	216	11	noticing	notice	VERB
cjal-3363	216	12	that	that	SCONJ
cjal-3363	216	13	“	"	PUNCT
cjal-3363	216	14	[	[	X
cjal-3363	216	15	i]n	i]n	NOUN
cjal-3363	216	16	monopoly	monopoly	NOUN
cjal-3363	216	17	or	or	CCONJ
cjal-3363	216	18	oligopoly	oligopoly	ADJ
cjal-3363	216	19	markets	market	NOUN
cjal-3363	216	20	,	,	PUNCT
cjal-3363	216	21	private	private	ADJ
cjal-3363	216	22	firms	firm	NOUN
cjal-3363	216	23	may	may	AUX
cjal-3363	216	24	be	be	AUX
cjal-3363	216	25	more	more	ADV
cjal-3363	216	26	efficient	efficient	ADJ
cjal-3363	216	27	than	than	ADP
cjal-3363	216	28	soes	soe	NOUN
cjal-3363	216	29	,	,	PUNCT
cjal-3363	216	30	but	but	CCONJ
cjal-3363	216	31	they	they	PRON
cjal-3363	216	32	may	may	AUX
cjal-3363	216	33	exploit	exploit	VERB
cjal-3363	216	34	consumers	consumer	NOUN
cjal-3363	216	35	,	,	PUNCT
cjal-3363	216	36	”	"	PUNCT
cjal-3363	216	37	but	but	CCONJ
cjal-3363	216	38	arguing	argue	VERB
cjal-3363	216	39	that	that	SCONJ
cjal-3363	216	40	it	it	PRON
cjal-3363	216	41	can	can	AUX
cjal-3363	216	42	be	be	AUX
cjal-3363	216	43	addressed	address	VERB
cjal-3363	216	44	by	by	ADP
cjal-3363	216	45	regulation	regulation	NOUN
cjal-3363	216	46	.	.	PUNCT
cjal-3363	216	47	)	)	PUNCT
cjal-3363	216	48	.	.	PUNCT
cjal-3363	217	1	38	38	NUM
cjal-3363	217	2	it	it	PRON
cjal-3363	217	3	should	should	AUX
cjal-3363	217	4	be	be	AUX
cjal-3363	217	5	noted	note	VERB
cjal-3363	217	6	,	,	PUNCT
cjal-3363	217	7	however	however	ADV
cjal-3363	217	8	,	,	PUNCT
cjal-3363	217	9	that	that	SCONJ
cjal-3363	217	10	some	some	DET
cjal-3363	217	11	scholars	scholar	NOUN
cjal-3363	217	12	have	have	AUX
cjal-3363	217	13	pointed	point	VERB
cjal-3363	217	14	out	out	ADP
cjal-3363	217	15	that	that	SCONJ
cjal-3363	217	16	the	the	DET
cjal-3363	217	17	efficiency	efficiency	NOUN
cjal-3363	217	18	of	of	ADP
cjal-3363	217	19	soes	soe	NOUN
cjal-3363	217	20	depends	depend	VERB
cjal-3363	217	21	on	on	ADP
cjal-3363	217	22	the	the	DET
cjal-3363	217	23	industry	industry	NOUN
cjal-3363	217	24	they	they	PRON
cjal-3363	217	25	are	be	AUX
cjal-3363	217	26	in	in	ADP
cjal-3363	217	27	.	.	PUNCT
cjal-3363	218	1	ramamurti	ramamurti	PROPN
cjal-3363	218	2	,	,	PUNCT
cjal-3363	218	3	supra	supra	PROPN
cjal-3363	218	4	note	note	NOUN
cjal-3363	218	5	1	1	NUM
cjal-3363	218	6	,	,	PUNCT
cjal-3363	218	7	at	at	ADP
cjal-3363	218	8	148	148	NUM
cjal-3363	218	9	(	(	PUNCT
cjal-3363	218	10	“	"	PUNCT
cjal-3363	218	11	in	in	ADP
cjal-3363	218	12	most	most	ADJ
cjal-3363	218	13	countries	country	NOUN
cjal-3363	218	14	,	,	PUNCT
cjal-3363	218	15	the	the	DET
cjal-3363	218	16	soe	soe	PROPN
cjal-3363	218	17	sector	sector	NOUN
cjal-3363	218	18	consists	consist	VERB
cjal-3363	218	19	mainly	mainly	ADV
cjal-3363	218	20	of	of	ADP
cjal-3363	218	21	firms	firm	NOUN
cjal-3363	218	22	operating	operate	VERB
cjal-3363	218	23	in	in	ADP
cjal-3363	218	24	four	four	NUM
cjal-3363	218	25	sectors	sector	NOUN
cjal-3363	218	26	:	:	PUNCT
cjal-3363	218	27	public	public	ADJ
cjal-3363	218	28	utilities	utility	NOUN
cjal-3363	218	29	,	,	PUNCT
cjal-3363	218	30	heavy	heavy	ADJ
cjal-3363	218	31	industries	industry	NOUN
cjal-3363	218	32	,	,	PUNCT
cjal-3363	218	33	financial	financial	ADJ
cjal-3363	218	34	services	service	NOUN
cjal-3363	218	35	,	,	PUNCT
cjal-3363	218	36	and	and	CCONJ
cjal-3363	218	37	extractive	extractive	ADJ
cjal-3363	218	38	industries	industry	NOUN
cjal-3363	218	39	.	.	PUNCT
cjal-3363	218	40	.	.	PUNCT
cjal-3363	218	41	.	.	PUNCT
cjal-3363	218	42	.	.	PUNCT
cjal-3363	219	1	neither	neither	CCONJ
cjal-3363	219	2	the	the	DET
cjal-3363	219	3	theoretical	theoretical	ADJ
cjal-3363	219	4	nor	nor	CCONJ
cjal-3363	219	5	the	the	DET
cjal-3363	219	6	empirical	empirical	ADJ
cjal-3363	219	7	literature	literature	NOUN
cjal-3363	219	8	suggests	suggest	VERB
cjal-3363	219	9	unambiguously	unambiguously	ADV
cjal-3363	219	10	that	that	SCONJ
cjal-3363	219	11	such	such	ADJ
cjal-3363	219	12	firms	firm	NOUN
cjal-3363	219	13	will	will	AUX
cjal-3363	219	14	perform	perform	VERB
cjal-3363	219	15	better	well	ADV
cjal-3363	219	16	if	if	SCONJ
cjal-3363	219	17	privatized	privatize	VERB
cjal-3363	219	18	.	.	PUNCT
cjal-3363	219	19	”	"	PUNCT
cjal-3363	219	20	)	)	PUNCT
cjal-3363	219	21	.	.	PUNCT
cjal-3363	220	1	columbia	columbia	PROPN
cjal-3363	220	2	journal	journal	PROPN
cjal-3363	220	3	of	of	ADP
cjal-3363	220	4	asian	asian	ADJ
cjal-3363	220	5	law	law	NOUN
cjal-3363	221	1	[	[	X
cjal-3363	221	2	vol	vol	NOUN
cjal-3363	221	3	.	.	PUNCT
cjal-3363	222	1	31:1	31:1	NUM
cjal-3363	222	2	10	10	NUM
cjal-3363	222	3	may	may	AUX
cjal-3363	222	4	lack	lack	VERB
cjal-3363	222	5	incentives	incentive	NOUN
cjal-3363	222	6	to	to	PART
cjal-3363	222	7	monitor	monitor	VERB
cjal-3363	222	8	managers	manager	NOUN
cjal-3363	222	9	,	,	PUNCT
cjal-3363	222	10	to	to	PART
cjal-3363	222	11	promote	promote	VERB
cjal-3363	222	12	technology	technology	NOUN
cjal-3363	222	13	,	,	PUNCT
cjal-3363	222	14	or	or	CCONJ
cjal-3363	222	15	to	to	PART
cjal-3363	222	16	reduce	reduce	VERB
cjal-3363	222	17	unnecessary	unnecessary	ADJ
cjal-3363	222	18	costs.39	costs.39	PROPN
cjal-3363	222	19	managers	manager	NOUN
cjal-3363	222	20	of	of	ADP
cjal-3363	222	21	soes	soe	NOUN
cjal-3363	222	22	may	may	AUX
cjal-3363	222	23	simply	simply	ADV
cjal-3363	222	24	be	be	AUX
cjal-3363	222	25	self	self	NOUN
cjal-3363	222	26	-	-	PUNCT
cjal-3363	222	27	interested	interested	ADJ
cjal-3363	222	28	and	and	CCONJ
cjal-3363	222	29	only	only	ADV
cjal-3363	222	30	consider	consider	VERB
cjal-3363	222	31	their	their	PRON
cjal-3363	222	32	own	own	ADJ
cjal-3363	222	33	benefits	benefit	NOUN
cjal-3363	222	34	.	.	PUNCT
cjal-3363	223	1	40	40	NUM
cjal-3363	223	2	additionally	additionally	ADV
cjal-3363	223	3	,	,	PUNCT
cjal-3363	223	4	soes	soe	NOUN
cjal-3363	223	5	have	have	VERB
cjal-3363	223	6	two	two	NUM
cjal-3363	223	7	goals	goal	NOUN
cjal-3363	223	8	–	–	PUNCT
cjal-3363	223	9	to	to	PART
cjal-3363	223	10	promote	promote	VERB
cjal-3363	223	11	shareholder	shareholder	NOUN
cjal-3363	223	12	welfare	welfare	NOUN
cjal-3363	223	13	and	and	CCONJ
cjal-3363	223	14	to	to	PART
cjal-3363	223	15	fulfill	fulfill	VERB
cjal-3363	223	16	various	various	ADJ
cjal-3363	223	17	social	social	ADJ
cjal-3363	223	18	purposes	purpose	NOUN
cjal-3363	223	19	,	,	PUNCT
cjal-3363	223	20	which	which	PRON
cjal-3363	223	21	hinder	hinder	VERB
cjal-3363	223	22	their	their	PRON
cjal-3363	223	23	efficiency	efficiency	NOUN
cjal-3363	223	24	,	,	PUNCT
cjal-3363	223	25	because	because	SCONJ
cjal-3363	223	26	the	the	DET
cjal-3363	223	27	managers	manager	NOUN
cjal-3363	223	28	of	of	ADP
cjal-3363	223	29	the	the	DET
cjal-3363	223	30	enterprises	enterprise	NOUN
cjal-3363	223	31	can	can	AUX
cjal-3363	223	32	manage	manage	VERB
cjal-3363	223	33	in	in	ADP
cjal-3363	223	34	a	a	DET
cjal-3363	223	35	way	way	NOUN
cjal-3363	223	36	that	that	PRON
cjal-3363	223	37	benefits	benefit	VERB
cjal-3363	223	38	themselves	themselves	PRON
cjal-3363	223	39	while	while	SCONJ
cjal-3363	223	40	claiming	claim	VERB
cjal-3363	223	41	to	to	PART
cjal-3363	223	42	achieve	achieve	VERB
cjal-3363	223	43	a	a	DET
cjal-3363	223	44	certain	certain	ADJ
cjal-3363	223	45	goal.41	goal.41	NOUN
cjal-3363	223	46	another	another	DET
cjal-3363	223	47	problem	problem	NOUN
cjal-3363	223	48	with	with	ADP
cjal-3363	223	49	state	state	NOUN
cjal-3363	223	50	ownership	ownership	NOUN
cjal-3363	223	51	is	be	AUX
cjal-3363	223	52	the	the	DET
cjal-3363	223	53	so	so	ADV
cjal-3363	223	54	-	-	PUNCT
cjal-3363	223	55	called	call	VERB
cjal-3363	223	56	“	"	PUNCT
cjal-3363	223	57	soft	soft	ADJ
cjal-3363	223	58	budget	budget	NOUN
cjal-3363	223	59	constraint	constraint	NOUN
cjal-3363	223	60	”	"	PUNCT
cjal-3363	223	61	problem	problem	NOUN
cjal-3363	223	62	.	.	PUNCT
cjal-3363	224	1	soes	soe	NOUN
cjal-3363	224	2	can	can	AUX
cjal-3363	224	3	usually	usually	ADV
cjal-3363	224	4	obtain	obtain	VERB
cjal-3363	224	5	more	more	ADJ
cjal-3363	224	6	capital	capital	NOUN
cjal-3363	224	7	from	from	ADP
cjal-3363	224	8	the	the	DET
cjal-3363	224	9	state	state	NOUN
cjal-3363	224	10	when	when	SCONJ
cjal-3363	224	11	they	they	PRON
cjal-3363	224	12	face	face	VERB
cjal-3363	224	13	financial	financial	ADJ
cjal-3363	224	14	distress	distress	NOUN
cjal-3363	224	15	,	,	PUNCT
cjal-3363	224	16	which	which	PRON
cjal-3363	224	17	weakens	weaken	VERB
cjal-3363	224	18	the	the	DET
cjal-3363	224	19	market	market	NOUN
cjal-3363	224	20	disciplinary	disciplinary	ADJ
cjal-3363	224	21	effects	effect	NOUN
cjal-3363	224	22	on	on	ADP
cjal-3363	224	23	managers	manager	NOUN
cjal-3363	224	24	.	.	PUNCT
cjal-3363	225	1	42	42	NUM
cjal-3363	225	2	thus	thus	ADV
cjal-3363	225	3	,	,	PUNCT
cjal-3363	225	4	managers	manager	NOUN
cjal-3363	225	5	of	of	ADP
cjal-3363	225	6	the	the	DET
cjal-3363	225	7	enterprise	enterprise	NOUN
cjal-3363	225	8	thus	thus	ADV
cjal-3363	225	9	face	face	VERB
cjal-3363	225	10	no	no	DET
cjal-3363	225	11	pressure	pressure	NOUN
cjal-3363	225	12	to	to	PART
cjal-3363	225	13	regain	regain	VERB
cjal-3363	225	14	capital	capital	NOUN
cjal-3363	225	15	through	through	ADP
cjal-3363	225	16	issuing	issue	VERB
cjal-3363	225	17	new	new	ADJ
cjal-3363	225	18	stock	stock	NOUN
cjal-3363	225	19	or	or	CCONJ
cjal-3363	225	20	borrowing	borrow	VERB
cjal-3363	225	21	more	more	ADJ
cjal-3363	225	22	money	money	NOUN
cjal-3363	225	23	.	.	PUNCT
cjal-3363	226	1	b.	b.	PROPN
cjal-3363	226	2	regulatory	regulatory	ADJ
cjal-3363	226	3	costs	cost	NOUN
cjal-3363	226	4	although	although	SCONJ
cjal-3363	226	5	soes	soe	NOUN
cjal-3363	226	6	usually	usually	ADV
cjal-3363	226	7	incur	incur	VERB
cjal-3363	226	8	higher	high	ADJ
cjal-3363	226	9	ownership	ownership	NOUN
cjal-3363	226	10	costs	cost	NOUN
cjal-3363	226	11	than	than	SCONJ
cjal-3363	226	12	regulated	regulate	VERB
cjal-3363	226	13	private	private	ADJ
cjal-3363	226	14	enteprises	enteprise	NOUN
cjal-3363	226	15	,	,	PUNCT
cjal-3363	226	16	they	they	PRON
cjal-3363	226	17	may	may	AUX
cjal-3363	226	18	reduce	reduce	VERB
cjal-3363	226	19	regulatory	regulatory	ADJ
cjal-3363	226	20	costs	cost	NOUN
cjal-3363	226	21	.	.	PUNCT
cjal-3363	227	1	this	this	DET
cjal-3363	227	2	sub	sub	NOUN
cjal-3363	227	3	-	-	NOUN
cjal-3363	227	4	section	section	ADJ
cjal-3363	227	5	first	first	ADJ
cjal-3363	227	6	addresses	address	VERB
cjal-3363	227	7	the	the	DET
cjal-3363	227	8	major	major	ADJ
cjal-3363	227	9	components	component	NOUN
cjal-3363	227	10	of	of	ADP
cjal-3363	227	11	regulatory	regulatory	ADJ
cjal-3363	227	12	costs	cost	NOUN
cjal-3363	227	13	,	,	PUNCT
cjal-3363	227	14	and	and	CCONJ
cjal-3363	227	15	examines	examine	VERB
cjal-3363	227	16	how	how	SCONJ
cjal-3363	227	17	state	state	NOUN
cjal-3363	227	18	ownership	ownership	NOUN
cjal-3363	227	19	may	may	AUX
cjal-3363	227	20	reduce	reduce	VERB
cjal-3363	227	21	these	these	DET
cjal-3363	227	22	costs	cost	NOUN
cjal-3363	227	23	.	.	PUNCT
cjal-3363	228	1	it	it	PRON
cjal-3363	228	2	then	then	ADV
cjal-3363	228	3	discusses	discuss	VERB
cjal-3363	228	4	the	the	DET
cjal-3363	228	5	major	major	ADJ
cjal-3363	228	6	factors	factor	NOUN
cjal-3363	228	7	that	that	PRON
cjal-3363	228	8	might	might	AUX
cjal-3363	228	9	affect	affect	VERB
cjal-3363	228	10	the	the	DET
cjal-3363	228	11	magnitude	magnitude	NOUN
cjal-3363	228	12	of	of	ADP
cjal-3363	228	13	regulatory	regulatory	ADJ
cjal-3363	228	14	costs	cost	NOUN
cjal-3363	228	15	.	.	PUNCT
cjal-3363	229	1	1	1	X
cjal-3363	229	2	.	.	X
cjal-3363	229	3	the	the	DET
cjal-3363	229	4	components	component	NOUN
cjal-3363	229	5	of	of	ADP
cjal-3363	229	6	regulatory	regulatory	ADJ
cjal-3363	229	7	costs	cost	NOUN
cjal-3363	229	8	market	market	NOUN
cjal-3363	229	9	failures	failure	NOUN
cjal-3363	229	10	,	,	PUNCT
cjal-3363	229	11	including	include	VERB
cjal-3363	229	12	information	information	NOUN
cjal-3363	229	13	asymmetries	asymmetry	NOUN
cjal-3363	229	14	,	,	PUNCT
cjal-3363	229	15	natural	natural	ADJ
cjal-3363	229	16	monopolies	monopoly	NOUN
cjal-3363	229	17	,	,	PUNCT
cjal-3363	229	18	and	and	CCONJ
cjal-3363	229	19	externalities	externality	NOUN
cjal-3363	229	20	,	,	PUNCT
cjal-3363	229	21	may	may	AUX
cjal-3363	229	22	lead	lead	VERB
cjal-3363	229	23	to	to	ADP
cjal-3363	229	24	efficiency	efficiency	NOUN
cjal-3363	229	25	losses	loss	NOUN
cjal-3363	229	26	.	.	PUNCT
cjal-3363	230	1	although	although	SCONJ
cjal-3363	230	2	many	many	ADJ
cjal-3363	230	3	scholars	scholar	NOUN
cjal-3363	230	4	argue	argue	VERB
cjal-3363	230	5	that	that	SCONJ
cjal-3363	230	6	governmental	governmental	ADJ
cjal-3363	230	7	interventions	intervention	NOUN
cjal-3363	230	8	create	create	VERB
cjal-3363	230	9	“	"	PUNCT
cjal-3363	230	10	government	government	NOUN
cjal-3363	230	11	failures	failure	NOUN
cjal-3363	230	12	,	,	PUNCT
cjal-3363	230	13	”	"	PUNCT
cjal-3363	230	14	and	and	CCONJ
cjal-3363	230	15	may	may	AUX
cjal-3363	230	16	lead	lead	VERB
cjal-3363	230	17	to	to	ADP
cjal-3363	230	18	worse	bad	ADJ
cjal-3363	230	19	results	result	NOUN
cjal-3363	230	20	than	than	ADP
cjal-3363	230	21	market	market	NOUN
cjal-3363	230	22	failures	failure	NOUN
cjal-3363	230	23	,	,	PUNCT
cjal-3363	230	24	these	these	DET
cjal-3363	230	25	interventions	intervention	NOUN
cjal-3363	230	26	are	be	AUX
cjal-3363	230	27	ubiquitous	ubiquitous	ADJ
cjal-3363	230	28	in	in	ADP
cjal-3363	230	29	the	the	DET
cjal-3363	230	30	market	market	NOUN
cjal-3363	230	31	today	today	NOUN
cjal-3363	230	32	.	.	PUNCT
cjal-3363	231	1	if	if	SCONJ
cjal-3363	231	2	we	we	PRON
cjal-3363	231	3	accept	accept	VERB
cjal-3363	231	4	that	that	PRON
cjal-3363	231	5	regulation	regulation	NOUN
cjal-3363	231	6	is	be	AUX
cjal-3363	231	7	inevitable	inevitable	ADJ
cjal-3363	231	8	,	,	PUNCT
cjal-3363	231	9	the	the	DET
cjal-3363	231	10	costs	cost	NOUN
cjal-3363	231	11	of	of	ADP
cjal-3363	231	12	regulation	regulation	NOUN
cjal-3363	231	13	need	need	VERB
cjal-3363	231	14	to	to	PART
cjal-3363	231	15	be	be	AUX
cjal-3363	231	16	considered	consider	VERB
cjal-3363	231	17	in	in	ADP
cjal-3363	231	18	evaluating	evaluate	VERB
cjal-3363	231	19	the	the	DET
cjal-3363	231	20	social	social	ADJ
cjal-3363	231	21	costs	cost	NOUN
cjal-3363	231	22	of	of	ADP
cjal-3363	231	23	state	state	NOUN
cjal-3363	231	24	ownership	ownership	NOUN
cjal-3363	231	25	.	.	PUNCT
cjal-3363	232	1	regulation	regulation	NOUN
cjal-3363	232	2	can	can	AUX
cjal-3363	232	3	take	take	VERB
cjal-3363	232	4	many	many	ADJ
cjal-3363	232	5	forms	form	NOUN
cjal-3363	232	6	.	.	PUNCT
cjal-3363	233	1	the	the	DET
cjal-3363	233	2	state	state	NOUN
cjal-3363	233	3	can	can	AUX
cjal-3363	233	4	provide	provide	VERB
cjal-3363	233	5	subsidies	subsidy	NOUN
cjal-3363	233	6	,	,	PUNCT
cjal-3363	233	7	tax	tax	NOUN
cjal-3363	233	8	incentives	incentive	NOUN
cjal-3363	233	9	,	,	PUNCT
cjal-3363	233	10	and	and	CCONJ
cjal-3363	233	11	penalties	penalty	NOUN
cjal-3363	233	12	to	to	PART
cjal-3363	233	13	influence	influence	VERB
cjal-3363	233	14	the	the	DET
cjal-3363	233	15	decisions	decision	NOUN
cjal-3363	233	16	of	of	ADP
cjal-3363	233	17	private	private	ADJ
cjal-3363	233	18	corporations	corporation	NOUN
cjal-3363	233	19	.	.	PUNCT
cjal-3363	234	1	it	it	PRON
cjal-3363	234	2	can	can	AUX
cjal-3363	234	3	also	also	ADV
cjal-3363	234	4	impose	impose	VERB
cjal-3363	234	5	an	an	DET
cjal-3363	234	6	outright	outright	ADJ
cjal-3363	234	7	ban	ban	NOUN
cjal-3363	234	8	on	on	ADP
cjal-3363	234	9	more	more	ADV
cjal-3363	234	10	severe	severe	ADJ
cjal-3363	234	11	undesirable	undesirable	ADJ
cjal-3363	234	12	activities	activity	NOUN
cjal-3363	234	13	.	.	PUNCT
cjal-3363	235	1	for	for	ADP
cjal-3363	235	2	the	the	DET
cjal-3363	235	3	sake	sake	NOUN
cjal-3363	235	4	of	of	ADP
cjal-3363	235	5	convenience	convenience	NOUN
cjal-3363	235	6	,	,	PUNCT
cjal-3363	235	7	these	these	DET
cjal-3363	235	8	measures	measure	NOUN
cjal-3363	235	9	can	can	AUX
cjal-3363	235	10	be	be	AUX
cjal-3363	235	11	categorized	categorize	VERB
cjal-3363	235	12	as	as	ADP
cjal-3363	235	13	39	39	NUM
cjal-3363	235	14	see	see	VERB
cjal-3363	235	15	generally	generally	ADV
cjal-3363	235	16	oliver	oliver	PROPN
cjal-3363	235	17	hart	hart	PROPN
cjal-3363	235	18	,	,	PUNCT
cjal-3363	235	19	andrei	andrei	PROPN
cjal-3363	235	20	shleifer	shleifer	PROPN
cjal-3363	235	21	,	,	PUNCT
cjal-3363	235	22	&	&	CCONJ
cjal-3363	235	23	robert	robert	PROPN
cjal-3363	235	24	w.	w.	PROPN
cjal-3363	235	25	vishny	vishny	PROPN
cjal-3363	235	26	,	,	PUNCT
cjal-3363	236	1	supra	supra	PROPN
cjal-3363	236	2	note	note	NOUN
cjal-3363	236	3	1	1	NUM
cjal-3363	236	4	.	.	NUM
cjal-3363	236	5	40	40	NUM
cjal-3363	237	1	i	i	PRON
cjal-3363	237	2	d.	d.	PROPN
cjal-3363	237	3	41	41	NUM
cjal-3363	237	4	corporate	corporate	ADJ
cjal-3363	237	5	law	law	NOUN
cjal-3363	237	6	usually	usually	ADV
cjal-3363	237	7	requires	require	VERB
cjal-3363	237	8	the	the	DET
cjal-3363	237	9	board	board	NOUN
cjal-3363	237	10	of	of	ADP
cjal-3363	237	11	directors	director	NOUN
cjal-3363	237	12	to	to	PART
cjal-3363	237	13	maximize	maximize	VERB
cjal-3363	237	14	shareholder	shareholder	NOUN
cjal-3363	237	15	welfare	welfare	NOUN
cjal-3363	237	16	to	to	PART
cjal-3363	237	17	avoid	avoid	VERB
cjal-3363	237	18	this	this	DET
cjal-3363	237	19	agency	agency	NOUN
cjal-3363	237	20	problem	problem	NOUN
cjal-3363	237	21	.	.	PUNCT
cjal-3363	238	1	jonathan	jonathan	PROPN
cjal-3363	238	2	r.	r.	PROPN
cjal-3363	238	3	macey	macey	PROPN
cjal-3363	238	4	,	,	PUNCT
cjal-3363	238	5	obligations	obligation	NOUN
cjal-3363	238	6	to	to	PART
cjal-3363	238	7	nonshareholder	nonshareholder	VERB
cjal-3363	238	8	constituencies	constituency	NOUN
cjal-3363	238	9	from	from	ADP
cjal-3363	238	10	a	a	DET
cjal-3363	238	11	theory	theory	NOUN
cjal-3363	238	12	of	of	ADP
cjal-3363	238	13	the	the	DET
cjal-3363	238	14	firm	firm	PROPN
cjal-3363	238	15	perspective	perspective	NOUN
cjal-3363	238	16	,	,	PUNCT
cjal-3363	238	17	84	84	NUM
cjal-3363	238	18	cornell	cornell	PROPN
cjal-3363	238	19	l.	l.	PROPN
cjal-3363	238	20	rev	rev	PROPN
cjal-3363	238	21	.	.	PROPN
cjal-3363	238	22	1266	1266	NUM
cjal-3363	238	23	.	.	PUNCT
cjal-3363	239	1	42	42	NUM
cjal-3363	239	2	john	john	PROPN
cjal-3363	239	3	vickers	vickers	PROPN
cjal-3363	239	4	&	&	CCONJ
cjal-3363	239	5	george	george	PROPN
cjal-3363	239	6	yarrow	yarrow	PROPN
cjal-3363	239	7	,	,	PUNCT
cjal-3363	239	8	supra	supra	PROPN
cjal-3363	239	9	note	note	NOUN
cjal-3363	239	10	1	1	NUM
cjal-3363	239	11	,	,	PUNCT
cjal-3363	239	12	at	at	ADP
cjal-3363	239	13	115	115	NUM
cjal-3363	239	14	.	.	PUNCT
cjal-3363	239	15	2017	2017	NUM
cjal-3363	239	16	]	]	PUNCT
cjal-3363	239	17	state	state	NOUN
cjal-3363	239	18	ownership	ownership	NOUN
cjal-3363	239	19	and	and	CCONJ
cjal-3363	239	20	regulatory	regulatory	ADJ
cjal-3363	239	21	costs	cost	NOUN
cjal-3363	239	22	11	11	NUM
cjal-3363	239	23	regulations	regulation	NOUN
cjal-3363	239	24	,	,	PUNCT
cjal-3363	239	25	because	because	SCONJ
cjal-3363	239	26	they	they	PRON
cjal-3363	239	27	are	be	AUX
cjal-3363	239	28	all	all	PRON
cjal-3363	239	29	means	mean	NOUN
cjal-3363	239	30	to	to	PART
cjal-3363	239	31	incentivize	incentivize	VERB
cjal-3363	239	32	certain	certain	ADJ
cjal-3363	239	33	actions	action	NOUN
cjal-3363	239	34	or	or	CCONJ
cjal-3363	239	35	business	business	NOUN
cjal-3363	239	36	decisions	decision	NOUN
cjal-3363	239	37	of	of	ADP
cjal-3363	239	38	private	private	ADJ
cjal-3363	239	39	enterprises	enterprise	NOUN
cjal-3363	239	40	through	through	ADP
cjal-3363	239	41	law	law	NOUN
cjal-3363	239	42	instead	instead	ADV
cjal-3363	239	43	of	of	ADP
cjal-3363	239	44	ownership	ownership	NOUN
cjal-3363	239	45	.	.	PUNCT
cjal-3363	240	1	regulatory	regulatory	ADJ
cjal-3363	240	2	costs	cost	NOUN
cjal-3363	240	3	include	include	VERB
cjal-3363	240	4	enactment	enactment	NOUN
cjal-3363	240	5	costs	cost	NOUN
cjal-3363	240	6	,	,	PUNCT
cjal-3363	240	7	enforcement	enforcement	NOUN
cjal-3363	240	8	costs	cost	NOUN
cjal-3363	240	9	,	,	PUNCT
cjal-3363	240	10	and	and	CCONJ
cjal-3363	240	11	costs	cost	NOUN
cjal-3363	240	12	of	of	ADP
cjal-3363	240	13	opportunistic	opportunistic	ADJ
cjal-3363	240	14	actions	action	NOUN
cjal-3363	240	15	by	by	ADP
cjal-3363	240	16	both	both	CCONJ
cjal-3363	240	17	the	the	DET
cjal-3363	240	18	state	state	NOUN
cjal-3363	240	19	and	and	CCONJ
cjal-3363	240	20	regulated	regulated	ADJ
cjal-3363	240	21	firms	firm	NOUN
cjal-3363	240	22	.	.	PUNCT
cjal-3363	241	1	the	the	DET
cjal-3363	241	2	enactment	enactment	NOUN
cjal-3363	241	3	of	of	ADP
cjal-3363	241	4	regulatory	regulatory	ADJ
cjal-3363	241	5	rules	rule	NOUN
cjal-3363	241	6	often	often	ADV
cjal-3363	241	7	involves	involve	VERB
cjal-3363	241	8	significant	significant	ADJ
cjal-3363	241	9	procedural	procedural	ADJ
cjal-3363	241	10	costs	cost	NOUN
cjal-3363	241	11	,	,	PUNCT
cjal-3363	241	12	similar	similar	ADJ
cjal-3363	241	13	to	to	ADP
cjal-3363	241	14	those	those	PRON
cjal-3363	241	15	created	create	VERB
cjal-3363	241	16	by	by	ADP
cjal-3363	241	17	contracting	contracting	NOUN
cjal-3363	241	18	processes	process	NOUN
cjal-3363	241	19	.	.	PUNCT
cjal-3363	242	1	rulemakers	rulemaker	NOUN
cjal-3363	242	2	need	need	VERB
cjal-3363	242	3	to	to	PART
cjal-3363	242	4	obtain	obtain	VERB
cjal-3363	242	5	sufficient	sufficient	ADJ
cjal-3363	242	6	knowledge	knowledge	NOUN
cjal-3363	242	7	to	to	PART
cjal-3363	242	8	write	write	VERB
cjal-3363	242	9	sophisticated	sophisticated	ADJ
cjal-3363	242	10	rules	rule	NOUN
cjal-3363	242	11	that	that	PRON
cjal-3363	242	12	cover	cover	VERB
cjal-3363	242	13	as	as	SCONJ
cjal-3363	242	14	many	many	ADJ
cjal-3363	242	15	foreseeable	foreseeable	ADJ
cjal-3363	242	16	circumstances	circumstance	NOUN
cjal-3363	242	17	as	as	ADP
cjal-3363	242	18	possible.43	possible.43	ADJ
cjal-3363	242	19	the	the	DET
cjal-3363	242	20	ability	ability	NOUN
cjal-3363	242	21	to	to	PART
cjal-3363	242	22	enact	enact	VERB
cjal-3363	242	23	complex	complex	ADJ
cjal-3363	242	24	rules	rule	NOUN
cjal-3363	242	25	needs	need	VERB
cjal-3363	242	26	to	to	PART
cjal-3363	242	27	be	be	AUX
cjal-3363	242	28	developed	develop	VERB
cjal-3363	242	29	over	over	ADP
cjal-3363	242	30	time	time	NOUN
cjal-3363	242	31	.	.	PUNCT
cjal-3363	243	1	thus	thus	ADV
cjal-3363	243	2	,	,	PUNCT
cjal-3363	243	3	developing	develop	VERB
cjal-3363	243	4	countries	country	NOUN
cjal-3363	243	5	often	often	ADV
cjal-3363	243	6	lack	lack	VERB
cjal-3363	243	7	the	the	DET
cjal-3363	243	8	ability	ability	NOUN
cjal-3363	243	9	to	to	PART
cjal-3363	243	10	write	write	VERB
cjal-3363	243	11	sophisticated	sophisticated	ADJ
cjal-3363	243	12	regulatory	regulatory	ADJ
cjal-3363	243	13	rules.44	rules.44	NOUN
cjal-3363	243	14	after	after	SCONJ
cjal-3363	243	15	rules	rule	NOUN
cjal-3363	243	16	are	be	AUX
cjal-3363	243	17	enacted	enact	VERB
cjal-3363	243	18	,	,	PUNCT
cjal-3363	243	19	the	the	DET
cjal-3363	243	20	state	state	NOUN
cjal-3363	243	21	may	may	AUX
cjal-3363	243	22	also	also	ADV
cjal-3363	243	23	find	find	VERB
cjal-3363	243	24	it	it	PRON
cjal-3363	243	25	hard	hard	ADJ
cjal-3363	243	26	to	to	PART
cjal-3363	243	27	monitor	monitor	VERB
cjal-3363	243	28	the	the	DET
cjal-3363	243	29	behavior	behavior	NOUN
cjal-3363	243	30	of	of	ADP
cjal-3363	243	31	firms	firm	NOUN
cjal-3363	243	32	and	and	CCONJ
cjal-3363	243	33	to	to	PART
cjal-3363	243	34	enforce	enforce	VERB
cjal-3363	243	35	regulations	regulation	NOUN
cjal-3363	243	36	.	.	PUNCT
cjal-3363	244	1	45	45	NUM
cjal-3363	244	2	to	to	PART
cjal-3363	244	3	detect	detect	VERB
cjal-3363	244	4	wrongdoings	wrongdoing	NOUN
cjal-3363	244	5	is	be	AUX
cjal-3363	244	6	difficult	difficult	ADJ
cjal-3363	244	7	enough	enough	ADV
cjal-3363	244	8	.	.	PUNCT
cjal-3363	245	1	the	the	DET
cjal-3363	245	2	enforcement	enforcement	NOUN
cjal-3363	245	3	itself	itself	PRON
cjal-3363	245	4	may	may	AUX
cjal-3363	245	5	also	also	ADV
cjal-3363	245	6	cause	cause	VERB
cjal-3363	245	7	significant	significant	ADJ
cjal-3363	245	8	costs	cost	NOUN
cjal-3363	245	9	.	.	PUNCT
cjal-3363	246	1	the	the	DET
cjal-3363	246	2	regulated	regulated	ADJ
cjal-3363	246	3	corporations	corporation	NOUN
cjal-3363	246	4	may	may	AUX
cjal-3363	246	5	also	also	ADV
cjal-3363	246	6	go	go	VERB
cjal-3363	246	7	bankrupt	bankrupt	ADJ
cjal-3363	246	8	before	before	SCONJ
cjal-3363	246	9	the	the	DET
cjal-3363	246	10	regulator	regulator	NOUN
cjal-3363	246	11	can	can	AUX
cjal-3363	246	12	take	take	VERB
cjal-3363	246	13	any	any	DET
cjal-3363	246	14	action	action	NOUN
cjal-3363	246	15	because	because	SCONJ
cjal-3363	246	16	of	of	ADP
cjal-3363	246	17	the	the	DET
cjal-3363	246	18	limited	limited	ADJ
cjal-3363	246	19	liability	liability	NOUN
cjal-3363	246	20	protection.46	protection.46	NOUN
cjal-3363	246	21	thus	thus	ADV
cjal-3363	246	22	,	,	PUNCT
cjal-3363	246	23	the	the	DET
cjal-3363	246	24	law	law	NOUN
cjal-3363	246	25	often	often	ADV
cjal-3363	246	26	fails	fail	VERB
cjal-3363	246	27	to	to	PART
cjal-3363	246	28	impose	impose	VERB
cjal-3363	246	29	sufficient	sufficient	ADJ
cjal-3363	246	30	deterrence	deterrence	NOUN
cjal-3363	246	31	on	on	ADP
cjal-3363	246	32	shareholders	shareholder	NOUN
cjal-3363	246	33	,	,	PUNCT
cjal-3363	246	34	who	who	PRON
cjal-3363	246	35	may	may	AUX
cjal-3363	246	36	benefit	benefit	VERB
cjal-3363	246	37	from	from	ADP
cjal-3363	246	38	violating	violate	VERB
cjal-3363	246	39	regulations	regulation	NOUN
cjal-3363	246	40	.	.	PUNCT
cjal-3363	247	1	apart	apart	ADV
cjal-3363	247	2	from	from	ADP
cjal-3363	247	3	enactment	enactment	NOUN
cjal-3363	247	4	costs	cost	NOUN
cjal-3363	247	5	and	and	CCONJ
cjal-3363	247	6	enforcement	enforcement	NOUN
cjal-3363	247	7	costs	cost	NOUN
cjal-3363	247	8	,	,	PUNCT
cjal-3363	247	9	regulation	regulation	NOUN
cjal-3363	247	10	also	also	ADV
cjal-3363	247	11	incurs	incur	VERB
cjal-3363	247	12	costs	cost	NOUN
cjal-3363	247	13	of	of	ADP
cjal-3363	247	14	opportunistic	opportunistic	ADJ
cjal-3363	247	15	actions	action	NOUN
cjal-3363	247	16	.	.	PUNCT
cjal-3363	248	1	opportunistic	opportunistic	ADJ
cjal-3363	248	2	action	action	NOUN
cjal-3363	248	3	is	be	AUX
cjal-3363	248	4	“	"	PUNCT
cjal-3363	248	5	self	self	NOUN
cjal-3363	248	6	-	-	PUNCT
cjal-3363	248	7	interest	interest	NOUN
cjal-3363	248	8	seeking	seek	VERB
cjal-3363	248	9	with	with	ADP
cjal-3363	248	10	guile,”47	guile,”47	ADJ
cjal-3363	248	11	or	or	CCONJ
cjal-3363	248	12	the	the	DET
cjal-3363	248	13	“	"	PUNCT
cjal-3363	248	14	residual	residual	ADJ
cjal-3363	248	15	behavior	behavior	NOUN
cjal-3363	248	16	that	that	PRON
cjal-3363	248	17	would	would	AUX
cjal-3363	248	18	be	be	AUX
cjal-3363	248	19	contracted	contract	VERB
cjal-3363	248	20	away	away	ADV
cjal-3363	248	21	if	if	SCONJ
cjal-3363	248	22	ex	ex	NOUN
cjal-3363	248	23	ante	ante	NOUN
cjal-3363	248	24	transaction	transaction	NOUN
cjal-3363	248	25	costs	cost	NOUN
cjal-3363	248	26	were	be	AUX
cjal-3363	248	27	lower	low	ADJ
cjal-3363	248	28	.	.	PUNCT
cjal-3363	249	1	”48	”48	PROPN
cjal-3363	249	2	political	political	ADJ
cjal-3363	249	3	pressure	pressure	NOUN
cjal-3363	249	4	may	may	AUX
cjal-3363	249	5	encourage	encourage	VERB
cjal-3363	249	6	regulators	regulator	NOUN
cjal-3363	249	7	to	to	PART
cjal-3363	249	8	act	act	VERB
cjal-3363	249	9	opportunistically	opportunistically	ADV
cjal-3363	249	10	ex	ex	X
cjal-3363	249	11	post	post	NOUN
cjal-3363	249	12	,	,	PUNCT
cjal-3363	249	13	distorting	distort	VERB
cjal-3363	249	14	outcomes	outcome	NOUN
cjal-3363	249	15	.	.	PUNCT
cjal-3363	250	1	the	the	DET
cjal-3363	250	2	failure	failure	NOUN
cjal-3363	250	3	of	of	ADP
cjal-3363	250	4	the	the	DET
cjal-3363	250	5	state	state	NOUN
cjal-3363	250	6	to	to	PART
cjal-3363	250	7	make	make	VERB
cjal-3363	250	8	credible	credible	ADJ
cjal-3363	250	9	promises	promise	NOUN
cjal-3363	250	10	is	be	AUX
cjal-3363	250	11	sometimes	sometimes	ADV
cjal-3363	250	12	referred	refer	VERB
cjal-3363	250	13	to	to	ADP
cjal-3363	250	14	as	as	ADP
cjal-3363	250	15	the	the	DET
cjal-3363	250	16	credible	credible	ADJ
cjal-3363	250	17	commitment	commitment	NOUN
cjal-3363	250	18	problem.49	problem.49	NOUN
cjal-3363	250	19	after	after	SCONJ
cjal-3363	250	20	investments	investment	NOUN
cjal-3363	250	21	are	be	AUX
cjal-3363	250	22	made	make	VERB
cjal-3363	250	23	in	in	ADP
cjal-3363	250	24	an	an	DET
cjal-3363	250	25	industry	industry	NOUN
cjal-3363	250	26	,	,	PUNCT
cjal-3363	250	27	the	the	DET
cjal-3363	250	28	state	state	NOUN
cjal-3363	250	29	may	may	AUX
cjal-3363	250	30	suddenly	suddenly	ADV
cjal-3363	250	31	change	change	VERB
cjal-3363	250	32	its	its	PRON
cjal-3363	250	33	policies	policy	NOUN
cjal-3363	250	34	43	43	NUM
cjal-3363	250	35	laffont	laffont	NOUN
cjal-3363	250	36	&	&	CCONJ
cjal-3363	250	37	tirole	tirole	PROPN
cjal-3363	250	38	,	,	PUNCT
cjal-3363	250	39	supra	supra	PROPN
cjal-3363	250	40	note	note	NOUN
cjal-3363	250	41	20	20	NUM
cjal-3363	250	42	.	.	PUNCT
cjal-3363	251	1	katharina	katharina	PROPN
cjal-3363	251	2	pistor	pistor	PROPN
cjal-3363	251	3	&	&	CCONJ
cjal-3363	251	4	chenggang	chenggang	PROPN
cjal-3363	251	5	xu	xu	PROPN
cjal-3363	251	6	,	,	PUNCT
cjal-3363	251	7	incomplete	incomplete	ADJ
cjal-3363	251	8	law	law	NOUN
cjal-3363	251	9	,	,	PUNCT
cjal-3363	251	10	35	35	NUM
cjal-3363	251	11	n.y.u	n.y.u	NOUN
cjal-3363	251	12	.	.	PUNCT
cjal-3363	252	1	j.	j.	PROPN
cjal-3363	252	2	int'l	int'l	PROPN
cjal-3363	252	3	l.	l.	PROPN
cjal-3363	252	4	&	&	CCONJ
cjal-3363	252	5	pol	pol	PROPN
cjal-3363	252	6	.	.	PUNCT
cjal-3363	253	1	931	931	NUM
cjal-3363	253	2	(	(	PUNCT
cjal-3363	253	3	2003	2003	NUM
cjal-3363	253	4	)	)	PUNCT
cjal-3363	253	5	(	(	PUNCT
cjal-3363	253	6	arguing	argue	VERB
cjal-3363	253	7	that	that	SCONJ
cjal-3363	253	8	“	"	PUNCT
cjal-3363	253	9	law	law	NOUN
cjal-3363	253	10	is	be	AUX
cjal-3363	253	11	inherently	inherently	ADV
cjal-3363	253	12	incomplete	incomplete	ADJ
cjal-3363	253	13	”	"	PUNCT
cjal-3363	253	14	)	)	PUNCT
cjal-3363	253	15	.	.	PUNCT
cjal-3363	254	1	if	if	SCONJ
cjal-3363	254	2	,	,	PUNCT
cjal-3363	254	3	however	however	ADV
cjal-3363	254	4	,	,	PUNCT
cjal-3363	254	5	the	the	DET
cjal-3363	254	6	government	government	NOUN
cjal-3363	254	7	leaves	leave	VERB
cjal-3363	254	8	a	a	DET
cjal-3363	254	9	lot	lot	NOUN
cjal-3363	254	10	of	of	ADP
cjal-3363	254	11	discretion	discretion	NOUN
cjal-3363	254	12	to	to	ADP
cjal-3363	254	13	itself	itself	PRON
cjal-3363	254	14	or	or	CCONJ
cjal-3363	254	15	allows	allow	VERB
cjal-3363	254	16	itself	itself	PRON
cjal-3363	254	17	to	to	PART
cjal-3363	254	18	change	change	VERB
cjal-3363	254	19	the	the	DET
cjal-3363	254	20	rules	rule	NOUN
cjal-3363	254	21	easily	easily	ADV
cjal-3363	254	22	after	after	SCONJ
cjal-3363	254	23	they	they	PRON
cjal-3363	254	24	are	be	AUX
cjal-3363	254	25	adopted	adopt	VERB
cjal-3363	254	26	,	,	PUNCT
cjal-3363	254	27	it	it	PRON
cjal-3363	254	28	would	would	AUX
cjal-3363	254	29	create	create	VERB
cjal-3363	254	30	the	the	DET
cjal-3363	254	31	cost	cost	NOUN
cjal-3363	254	32	of	of	ADP
cjal-3363	254	33	opportunistic	opportunistic	ADJ
cjal-3363	254	34	action	action	NOUN
cjal-3363	254	35	to	to	PART
cjal-3363	254	36	be	be	AUX
cjal-3363	254	37	discussed	discuss	VERB
cjal-3363	254	38	below	below	ADV
cjal-3363	254	39	.	.	PUNCT
cjal-3363	255	1	44	44	NUM
cjal-3363	255	2	the	the	DET
cjal-3363	255	3	internal	internal	ADJ
cjal-3363	255	4	revenue	revenue	NOUN
cjal-3363	255	5	code	code	NOUN
cjal-3363	255	6	of	of	ADP
cjal-3363	255	7	the	the	DET
cjal-3363	255	8	united	united	PROPN
cjal-3363	255	9	states	states	PROPN
cjal-3363	255	10	,	,	PUNCT
cjal-3363	255	11	for	for	ADP
cjal-3363	255	12	example	example	NOUN
cjal-3363	255	13	,	,	PUNCT
cjal-3363	255	14	contains	contain	VERB
cjal-3363	255	15	thousands	thousand	NOUN
cjal-3363	255	16	of	of	ADP
cjal-3363	255	17	sections	section	NOUN
cjal-3363	255	18	,	,	PUNCT
cjal-3363	255	19	while	while	SCONJ
cjal-3363	255	20	the	the	DET
cjal-3363	255	21	individual	individual	ADJ
cjal-3363	255	22	income	income	NOUN
cjal-3363	255	23	tax	tax	NOUN
cjal-3363	255	24	law	law	NOUN
cjal-3363	255	25	of	of	ADP
cjal-3363	255	26	china	china	PROPN
cjal-3363	255	27	contains	contain	VERB
cjal-3363	255	28	no	no	DET
cjal-3363	255	29	more	more	ADJ
cjal-3363	255	30	than	than	ADP
cjal-3363	255	31	fifteen	fifteen	NUM
cjal-3363	255	32	rules	rule	NOUN
cjal-3363	255	33	.	.	PUNCT
cjal-3363	256	1	geren	geren	PROPN
cjal-3363	256	2	suodeshui	suodeshui	PROPN
cjal-3363	257	1	fa(个人所得税	fa(个人所得税	PROPN
cjal-3363	258	1	法)[individual	法)[individual	ADJ
cjal-3363	258	2	income	income	NOUN
cjal-3363	258	3	tax	tax	NOUN
cjal-3363	258	4	law](2011	law](2011	PROPN
cjal-3363	258	5	amendment)(promulgated	amendment)(promulgate	VERB
cjal-3363	258	6	by	by	ADP
cjal-3363	258	7	the	the	DET
cjal-3363	258	8	standing	standing	PROPN
cjal-3363	258	9	committee	committee	PROPN
cjal-3363	258	10	of	of	ADP
cjal-3363	258	11	the	the	DET
cjal-3363	258	12	national	national	PROPN
cjal-3363	258	13	people	people	PROPN
cjal-3363	258	14	’s	’s	PART
cjal-3363	258	15	congress	congress	PROPN
cjal-3363	258	16	,	,	PUNCT
cjal-3363	258	17	june	june	PROPN
cjal-3363	258	18	30	30	NUM
cjal-3363	258	19	,	,	PUNCT
cjal-3363	258	20	2011	2011	NUM
cjal-3363	258	21	,	,	PUNCT
cjal-3363	258	22	effective	effective	ADJ
cjal-3363	258	23	june	june	PROPN
cjal-3363	258	24	30	30	NUM
cjal-3363	258	25	,	,	PUNCT
cjal-3363	258	26	2011)(china	2011)(china	NUM
cjal-3363	258	27	)	)	PUNCT
cjal-3363	258	28	.	.	PUNCT
cjal-3363	259	1	45	45	NUM
cjal-3363	259	2	the	the	DET
cjal-3363	259	3	recent	recent	ADJ
cjal-3363	259	4	volkswagen	volkswagen	NOUN
cjal-3363	259	5	scandal	scandal	NOUN
cjal-3363	259	6	vividly	vividly	ADV
cjal-3363	259	7	illustrates	illustrate	VERB
cjal-3363	259	8	this	this	DET
cjal-3363	259	9	point	point	NOUN
cjal-3363	259	10	.	.	PUNCT
cjal-3363	260	1	guilbert	guilbert	PROPN
cjal-3363	260	2	gates	gates	PROPN
cjal-3363	260	3	,	,	PUNCT
cjal-3363	260	4	jack	jack	PROPN
cjal-3363	260	5	ewing	ewing	PROPN
cjal-3363	260	6	,	,	PUNCT
cjal-3363	260	7	karl	karl	PROPN
cjal-3363	260	8	russell	russell	PROPN
cjal-3363	260	9	&	&	CCONJ
cjal-3363	260	10	derek	derek	PROPN
cjal-3363	260	11	watkins	watkins	PROPN
cjal-3363	260	12	,	,	PUNCT
cjal-3363	260	13	how	how	SCONJ
cjal-3363	260	14	volkswagen	volkswagen	NOUN
cjal-3363	260	15	’s	’s	PART
cjal-3363	260	16	‘	'	PUNCT
cjal-3363	260	17	defeat	defeat	NOUN
cjal-3363	260	18	devices	device	NOUN
cjal-3363	260	19	’	'	PUNCT
cjal-3363	260	20	worked	work	VERB
cjal-3363	260	21	,	,	PUNCT
cjal-3363	260	22	n.y	n.y	PROPN
cjal-3363	260	23	.	.	PROPN
cjal-3363	260	24	times	times	PROPN
cjal-3363	260	25	,	,	PUNCT
cjal-3363	260	26	mar	mar	PROPN
cjal-3363	260	27	.	.	PROPN
cjal-3363	260	28	16	16	NUM
cjal-3363	260	29	,	,	PUNCT
cjal-3363	260	30	2017	2017	NUM
cjal-3363	260	31	,	,	PUNCT
cjal-3363	260	32	https://www.nytimes.com/interactive/2015/business/international/vw-diesel-emissions-scandal-explained.html?_r=0	https://www.nytimes.com/interactive/2015/business/international/vw-diesel-emissions-scandal-explained.html?_r=0	VERB
cjal-3363	260	33	(	(	PUNCT
cjal-3363	260	34	“	"	PUNCT
cjal-3363	260	35	volkswagen	volkswagen	NOUN
cjal-3363	260	36	admitted	admit	VERB
cjal-3363	260	37	that	that	SCONJ
cjal-3363	260	38	11	11	NUM
cjal-3363	260	39	million	million	NUM
cjal-3363	260	40	of	of	ADP
cjal-3363	260	41	its	its	PRON
cjal-3363	260	42	vehicles	vehicle	NOUN
cjal-3363	260	43	were	be	AUX
cjal-3363	260	44	equipped	equip	VERB
cjal-3363	260	45	with	with	ADP
cjal-3363	260	46	software	software	NOUN
cjal-3363	260	47	that	that	PRON
cjal-3363	260	48	was	be	AUX
cjal-3363	260	49	used	use	VERB
cjal-3363	260	50	to	to	PART
cjal-3363	260	51	cheat	cheat	VERB
cjal-3363	260	52	on	on	ADP
cjal-3363	260	53	emissions	emission	NOUN
cjal-3363	260	54	tests	test	NOUN
cjal-3363	260	55	.	.	PUNCT
cjal-3363	260	56	”	"	PUNCT
cjal-3363	260	57	)	)	PUNCT
cjal-3363	260	58	.	.	PUNCT
cjal-3363	261	1	46	46	NUM
cjal-3363	261	2	david	david	PROPN
cjal-3363	261	3	e.	e.	PROPN
cjal-3363	261	4	m.	m.	PROPN
cjal-3363	261	5	sappington	sappington	PROPN
cjal-3363	261	6	&	&	CCONJ
cjal-3363	261	7	joseph	joseph	PROPN
cjal-3363	261	8	e.	e.	PROPN
cjal-3363	261	9	stiglitz	stiglitz	PROPN
cjal-3363	261	10	,	,	PUNCT
cjal-3363	261	11	supra	supra	PROPN
cjal-3363	261	12	note	note	PROPN
cjal-3363	261	13	23	23	NUM
cjal-3363	261	14	,	,	PUNCT
cjal-3363	261	15	at	at	ADP
cjal-3363	261	16	573	573	NUM
cjal-3363	261	17	.	.	PUNCT
cjal-3363	262	1	47	47	NUM
cjal-3363	262	2	oliver	oliver	PROPN
cjal-3363	262	3	e.	e.	PROPN
cjal-3363	262	4	williamson	williamson	PROPN
cjal-3363	262	5	,	,	PUNCT
cjal-3363	262	6	the	the	DET
cjal-3363	262	7	economic	economic	ADJ
cjal-3363	262	8	instiutions	instiution	NOUN
cjal-3363	262	9	of	of	ADP
cjal-3363	262	10	capitalism	capitalism	NOUN
cjal-3363	262	11	47	47	NUM
cjal-3363	262	12	(	(	PUNCT
cjal-3363	262	13	1985	1985	NUM
cjal-3363	262	14	)	)	PUNCT
cjal-3363	262	15	.	.	PUNCT
cjal-3363	263	1	48	48	NUM
cjal-3363	263	2	henry	henry	PROPN
cjal-3363	263	3	smith	smith	PROPN
cjal-3363	263	4	,	,	PUNCT
cjal-3363	263	5	equity	equity	NOUN
cjal-3363	263	6	as	as	ADP
cjal-3363	263	7	second	second	ADJ
cjal-3363	263	8	-	-	PUNCT
cjal-3363	263	9	order	order	NOUN
cjal-3363	263	10	law	law	NOUN
cjal-3363	263	11	:	:	PUNCT
cjal-3363	263	12	the	the	DET
cjal-3363	263	13	problem	problem	NOUN
cjal-3363	263	14	of	of	ADP
cjal-3363	263	15	opportunism	opportunism	NOUN
cjal-3363	263	16	14	14	NUM
cjal-3363	263	17	(	(	PUNCT
cjal-3363	263	18	harvard	harvard	NOUN
cjal-3363	263	19	pub	pub	NOUN
cjal-3363	263	20	.	.	PUNCT
cjal-3363	264	1	law	law	NOUN
cjal-3363	264	2	working	working	NOUN
cjal-3363	264	3	paper	paper	NOUN
cjal-3363	264	4	no	no	INTJ
cjal-3363	264	5	.	.	NOUN
cjal-3363	265	1	15	15	NUM
cjal-3363	265	2	-	-	SYM
cjal-3363	265	3	13	13	NUM
cjal-3363	265	4	,	,	PUNCT
cjal-3363	265	5	2015	2015	NUM
cjal-3363	265	6	)	)	PUNCT
cjal-3363	266	1	,	,	PUNCT
cjal-3363	266	2	http://ssrn.com/abstract=2617413	http://ssrn.com/abstract=2617413	PROPN
cjal-3363	266	3	.	.	PROPN
cjal-3363	266	4	49	49	NUM
cjal-3363	266	5	peter	peter	PROPN
cjal-3363	266	6	h.	h.	PROPN
cjal-3363	266	7	schuck	schuck	PROPN
cjal-3363	266	8	,	,	PUNCT
cjal-3363	266	9	law	law	NOUN
cjal-3363	266	10	and	and	CCONJ
cjal-3363	266	11	post	post	ADJ
cjal-3363	266	12	-	-	ADJ
cjal-3363	266	13	privatization	privatization	ADJ
cjal-3363	266	14	regulation	regulation	NOUN
cjal-3363	266	15	reform	reform	NOUN
cjal-3363	266	16	:	:	PUNCT
cjal-3363	266	17	perspectives	perspective	NOUN
cjal-3363	266	18	from	from	ADP
cjal-3363	266	19	the	the	DET
cjal-3363	266	20	u.s	u.s	PROPN
cjal-3363	266	21	.	.	PROPN
cjal-3363	266	22	experience	experience	NOUN
cjal-3363	266	23	,	,	PUNCT
cjal-3363	266	24	in	in	ADP
cjal-3363	266	25	http://ssrn.com/abstract=2617413	http://ssrn.com/abstract=2617413	PROPN
cjal-3363	266	26	columbia	columbia	PROPN
cjal-3363	266	27	journal	journal	PROPN
cjal-3363	266	28	of	of	ADP
cjal-3363	266	29	asian	asian	ADJ
cjal-3363	266	30	law	law	NOUN
cjal-3363	267	1	[	[	X
cjal-3363	267	2	vol	vol	NOUN
cjal-3363	267	3	.	.	PUNCT
cjal-3363	268	1	31:1	31:1	NUM
cjal-3363	268	2	12	12	NUM
cjal-3363	268	3	or	or	CCONJ
cjal-3363	268	4	enact	enact	VERB
cjal-3363	268	5	new	new	ADJ
cjal-3363	268	6	laws	law	NOUN
cjal-3363	268	7	that	that	PRON
cjal-3363	268	8	impose	impose	VERB
cjal-3363	268	9	inordinate	inordinate	ADJ
cjal-3363	268	10	costs	cost	NOUN
cjal-3363	268	11	on	on	ADP
cjal-3363	268	12	the	the	DET
cjal-3363	268	13	investors.50	investors.50	NOUN
cjal-3363	268	14	this	this	DET
cjal-3363	268	15	problem	problem	NOUN
cjal-3363	268	16	worsens	worsen	VERB
cjal-3363	268	17	when	when	SCONJ
cjal-3363	268	18	“	"	PUNCT
cjal-3363	268	19	asset	asset	NOUN
cjal-3363	268	20	specificity	specificity	NOUN
cjal-3363	268	21	”	"	PUNCT
cjal-3363	268	22	arises	arise	VERB
cjal-3363	268	23	.	.	PUNCT
cjal-3363	269	1	these	these	DET
cjal-3363	269	2	investors	investor	NOUN
cjal-3363	269	3	can	can	AUX
cjal-3363	269	4	not	not	PART
cjal-3363	269	5	withdraw	withdraw	VERB
cjal-3363	269	6	their	their	PRON
cjal-3363	269	7	investment	investment	NOUN
cjal-3363	269	8	from	from	ADP
cjal-3363	269	9	their	their	PRON
cjal-3363	269	10	projects	project	NOUN
cjal-3363	269	11	easily	easily	ADV
cjal-3363	269	12	and	and	CCONJ
cjal-3363	269	13	will	will	AUX
cjal-3363	269	14	suffer	suffer	VERB
cjal-3363	269	15	a	a	DET
cjal-3363	269	16	great	great	ADJ
cjal-3363	269	17	loss	loss	NOUN
cjal-3363	269	18	,	,	PUNCT
cjal-3363	269	19	because	because	SCONJ
cjal-3363	269	20	the	the	DET
cjal-3363	269	21	assets	asset	NOUN
cjal-3363	269	22	can	can	AUX
cjal-3363	269	23	not	not	PART
cjal-3363	269	24	be	be	AUX
cjal-3363	269	25	used	use	VERB
cjal-3363	269	26	for	for	ADP
cjal-3363	269	27	other	other	ADJ
cjal-3363	269	28	purposes	purpose	NOUN
cjal-3363	269	29	.	.	PUNCT
cjal-3363	270	1	private	private	ADJ
cjal-3363	270	2	investment	investment	NOUN
cjal-3363	270	3	thus	thus	ADV
cjal-3363	270	4	would	would	AUX
cjal-3363	270	5	be	be	AUX
cjal-3363	270	6	discouraged	discourage	VERB
cjal-3363	270	7	.	.	PUNCT
cjal-3363	271	1	this	this	DET
cjal-3363	271	2	problem	problem	NOUN
cjal-3363	271	3	is	be	AUX
cjal-3363	271	4	exacerbated	exacerbate	VERB
cjal-3363	271	5	by	by	ADP
cjal-3363	271	6	high	high	ADJ
cjal-3363	271	7	enactment	enactment	NOUN
cjal-3363	271	8	costs	cost	NOUN
cjal-3363	271	9	.	.	PUNCT
cjal-3363	272	1	51	51	NUM
cjal-3363	272	2	since	since	SCONJ
cjal-3363	272	3	it	it	PRON
cjal-3363	272	4	is	be	AUX
cjal-3363	272	5	difficult	difficult	ADJ
cjal-3363	272	6	to	to	PART
cjal-3363	272	7	foresee	foresee	VERB
cjal-3363	272	8	future	future	ADJ
cjal-3363	272	9	circumstances	circumstance	NOUN
cjal-3363	272	10	,	,	PUNCT
cjal-3363	272	11	regulatory	regulatory	ADJ
cjal-3363	272	12	rules	rule	NOUN
cjal-3363	272	13	may	may	AUX
cjal-3363	272	14	remain	remain	VERB
cjal-3363	272	15	ambiguous	ambiguous	ADJ
cjal-3363	272	16	and	and	CCONJ
cjal-3363	272	17	unpredictable	unpredictable	ADJ
cjal-3363	272	18	,	,	PUNCT
cjal-3363	272	19	which	which	PRON
cjal-3363	272	20	may	may	AUX
cjal-3363	272	21	give	give	VERB
cjal-3363	272	22	rise	rise	NOUN
cjal-3363	272	23	to	to	ADP
cjal-3363	272	24	opportunistic	opportunistic	ADJ
cjal-3363	272	25	actions	action	NOUN
cjal-3363	272	26	.	.	PUNCT
cjal-3363	273	1	52	52	NUM
cjal-3363	273	2	the	the	DET
cjal-3363	273	3	regulated	regulated	ADJ
cjal-3363	273	4	parties	party	NOUN
cjal-3363	273	5	may	may	AUX
cjal-3363	273	6	also	also	ADV
cjal-3363	273	7	act	act	VERB
cjal-3363	273	8	opportunistically.53	opportunistically.53	ADJ
cjal-3363	273	9	take	take	VERB
cjal-3363	273	10	tax	tax	NOUN
cjal-3363	273	11	law	law	NOUN
cjal-3363	273	12	for	for	ADP
cjal-3363	273	13	example.54	example.54	PROPN
cjal-3363	273	14	while	while	SCONJ
cjal-3363	273	15	laying	lay	VERB
cjal-3363	273	16	out	out	ADP
cjal-3363	273	17	clear	clear	ADJ
cjal-3363	273	18	tax	tax	NOUN
cjal-3363	273	19	laws	law	NOUN
cjal-3363	273	20	protects	protect	VERB
cjal-3363	273	21	the	the	DET
cjal-3363	273	22	interests	interest	NOUN
cjal-3363	273	23	of	of	ADP
cjal-3363	273	24	private	private	ADJ
cjal-3363	273	25	enterprises	enterprise	NOUN
cjal-3363	273	26	,	,	PUNCT
cjal-3363	273	27	rigid	rigid	ADJ
cjal-3363	273	28	tax	tax	NOUN
cjal-3363	273	29	laws	law	NOUN
cjal-3363	273	30	leave	leave	VERB
cjal-3363	273	31	room	room	NOUN
cjal-3363	273	32	for	for	ADP
cjal-3363	273	33	tax	tax	NOUN
cjal-3363	273	34	-	-	PUNCT
cjal-3363	273	35	avoidance	avoidance	NOUN
cjal-3363	273	36	activities	activity	NOUN
cjal-3363	273	37	.	.	PUNCT
cjal-3363	274	1	therefore	therefore	ADV
cjal-3363	274	2	,	,	PUNCT
cjal-3363	274	3	it	it	PRON
cjal-3363	274	4	is	be	AUX
cjal-3363	274	5	also	also	ADV
cjal-3363	274	6	crucial	crucial	ADJ
cjal-3363	274	7	that	that	SCONJ
cjal-3363	274	8	regulations	regulation	NOUN
cjal-3363	274	9	remain	remain	VERB
cjal-3363	274	10	flexible	flexible	ADJ
cjal-3363	274	11	so	so	SCONJ
cjal-3363	274	12	that	that	SCONJ
cjal-3363	274	13	they	they	PRON
cjal-3363	274	14	can	can	AUX
cjal-3363	274	15	adapt	adapt	VERB
cjal-3363	274	16	to	to	ADP
cjal-3363	274	17	new	new	ADJ
cjal-3363	274	18	circumstances	circumstance	NOUN
cjal-3363	274	19	.	.	PUNCT
cjal-3363	275	1	55	55	NUM
cjal-3363	275	2	the	the	DET
cjal-3363	275	3	widespread	widespread	ADJ
cjal-3363	275	4	belief	belief	NOUN
cjal-3363	275	5	in	in	ADP
cjal-3363	275	6	corporate	corporate	ADJ
cjal-3363	275	7	law	law	NOUN
cjal-3363	275	8	literature	literature	NOUN
cjal-3363	275	9	that	that	SCONJ
cjal-3363	275	10	corporations	corporation	NOUN
cjal-3363	275	11	should	should	AUX
cjal-3363	275	12	maximize	maximize	VERB
cjal-3363	275	13	shareholder	shareholder	NOUN
cjal-3363	275	14	welfare	welfare	NOUN
cjal-3363	275	15	also	also	ADV
cjal-3363	275	16	contributes	contribute	VERB
cjal-3363	275	17	to	to	ADP
cjal-3363	275	18	the	the	DET
cjal-3363	275	19	cost	cost	NOUN
cjal-3363	275	20	of	of	ADP
cjal-3363	275	21	opportunistic	opportunistic	ADJ
cjal-3363	275	22	action	action	NOUN
cjal-3363	275	23	,	,	PUNCT
cjal-3363	275	24	because	because	SCONJ
cjal-3363	275	25	it	it	PRON
cjal-3363	275	26	encourages	encourage	VERB
cjal-3363	275	27	corporations	corporation	NOUN
cjal-3363	275	28	to	to	PART
cjal-3363	275	29	impose	impose	VERB
cjal-3363	275	30	externalities	externality	NOUN
cjal-3363	275	31	on	on	ADP
cjal-3363	275	32	outside	outside	ADJ
cjal-3363	275	33	stakeholders.56	stakeholders.56	NOUN
cjal-3363	275	34	this	this	DET
cjal-3363	275	35	view	view	NOUN
cjal-3363	275	36	presumes	presume	VERB
cjal-3363	275	37	that	that	SCONJ
cjal-3363	275	38	the	the	DET
cjal-3363	275	39	state	state	NOUN
cjal-3363	275	40	can	can	AUX
cjal-3363	275	41	effectively	effectively	ADV
cjal-3363	275	42	control	control	VERB
cjal-3363	275	43	wrongdoings	wrongdoing	NOUN
cjal-3363	275	44	by	by	ADP
cjal-3363	275	45	regulation	regulation	NOUN
cjal-3363	275	46	,	,	PUNCT
cjal-3363	275	47	just	just	ADV
cjal-3363	275	48	as	as	SCONJ
cjal-3363	275	49	it	it	PRON
cjal-3363	275	50	presumes	presume	VERB
cjal-3363	275	51	creditors	creditor	NOUN
cjal-3363	275	52	and	and	CCONJ
cjal-3363	275	53	other	other	ADJ
cjal-3363	275	54	stakeholders	stakeholder	NOUN
cjal-3363	275	55	can	can	AUX
cjal-3363	275	56	control	control	VERB
cjal-3363	275	57	corporations	corporation	NOUN
cjal-3363	275	58	with	with	ADP
cjal-3363	275	59	contracts	contract	NOUN
cjal-3363	275	60	.	.	PUNCT
cjal-3363	276	1	however	however	ADV
cjal-3363	276	2	,	,	PUNCT
cjal-3363	276	3	regulation	regulation	NOUN
cjal-3363	276	4	is	be	AUX
cjal-3363	276	5	not	not	PART
cjal-3363	276	6	without	without	ADP
cjal-3363	276	7	costs	cost	NOUN
cjal-3363	276	8	.	.	PUNCT
cjal-3363	277	1	when	when	SCONJ
cjal-3363	277	2	these	these	DET
cjal-3363	277	3	costs	cost	NOUN
cjal-3363	277	4	are	be	AUX
cjal-3363	277	5	too	too	ADV
cjal-3363	277	6	high	high	ADJ
cjal-3363	277	7	,	,	PUNCT
cjal-3363	277	8	shareholder	shareholder	NOUN
cjal-3363	277	9	wealth	wealth	NOUN
cjal-3363	277	10	maximization	maximization	NOUN
cjal-3363	277	11	may	may	AUX
cjal-3363	277	12	lead	lead	VERB
cjal-3363	277	13	to	to	ADP
cjal-3363	277	14	socially	socially	ADV
cjal-3363	277	15	undesirable	undesirable	ADJ
cjal-3363	277	16	consequences	consequence	NOUN
cjal-3363	277	17	.	.	PUNCT
cjal-3363	278	1	it	it	PRON
cjal-3363	278	2	must	must	AUX
cjal-3363	278	3	be	be	AUX
cjal-3363	278	4	pointed	point	VERB
cjal-3363	278	5	out	out	ADP
cjal-3363	278	6	that	that	SCONJ
cjal-3363	278	7	these	these	DET
cjal-3363	278	8	regulatory	regulatory	ADJ
cjal-3363	278	9	costs	cost	NOUN
cjal-3363	278	10	are	be	AUX
cjal-3363	278	11	social	social	ADJ
cjal-3363	278	12	costs	cost	NOUN
cjal-3363	278	13	in	in	ADP
cjal-3363	278	14	the	the	DET
cjal-3363	278	15	sense	sense	NOUN
cjal-3363	278	16	that	that	SCONJ
cjal-3363	278	17	they	they	PRON
cjal-3363	278	18	are	be	AUX
cjal-3363	278	19	not	not	PART
cjal-3363	278	20	a	a	DET
cjal-3363	278	21	transfer	transfer	NOUN
cjal-3363	278	22	of	of	ADP
cjal-3363	278	23	wealth	wealth	NOUN
cjal-3363	278	24	from	from	ADP
cjal-3363	278	25	one	one	NUM
cjal-3363	278	26	party	party	NOUN
cjal-3363	278	27	to	to	ADP
cjal-3363	278	28	another	another	PRON
cjal-3363	278	29	,	,	PUNCT
cjal-3363	278	30	but	but	CCONJ
cjal-3363	278	31	a	a	DET
cjal-3363	278	32	decrease	decrease	NOUN
cjal-3363	278	33	in	in	ADP
cjal-3363	278	34	social	social	ADJ
cjal-3363	278	35	welfare	welfare	NOUN
cjal-3363	278	36	.	.	PUNCT
cjal-3363	279	1	the	the	DET
cjal-3363	279	2	credible	credible	ADJ
cjal-3363	279	3	commitment	commitment	NOUN
cjal-3363	279	4	problem	problem	NOUN
cjal-3363	279	5	in	in	ADP
cjal-3363	279	6	regulation	regulation	NOUN
cjal-3363	279	7	may	may	AUX
cjal-3363	279	8	lead	lead	VERB
cjal-3363	279	9	to	to	ADP
cjal-3363	279	10	underinvestment	underinvestment	ADJ
cjal-3363	279	11	in	in	ADP
cjal-3363	279	12	the	the	DET
cjal-3363	279	13	market	market	NOUN
cjal-3363	279	14	.	.	PUNCT
cjal-3363	280	1	the	the	DET
cjal-3363	280	2	inability	inability	NOUN
cjal-3363	280	3	of	of	ADP
cjal-3363	280	4	the	the	DET
cjal-3363	280	5	state	state	NOUN
cjal-3363	280	6	to	to	PART
cjal-3363	280	7	regulate	regulate	VERB
cjal-3363	280	8	private	private	ADJ
cjal-3363	280	9	enterprises	enterprise	NOUN
cjal-3363	280	10	also	also	ADV
cjal-3363	280	11	leads	lead	VERB
cjal-3363	280	12	to	to	ADP
cjal-3363	280	13	market	market	NOUN
cjal-3363	280	14	failures	failure	NOUN
cjal-3363	280	15	that	that	PRON
cjal-3363	280	16	decrease	decrease	VERB
cjal-3363	280	17	welfare	welfare	NOUN
cjal-3363	280	18	.	.	PUNCT
cjal-3363	281	1	regulatory	regulatory	ADJ
cjal-3363	281	2	regulatory	regulatory	ADJ
cjal-3363	281	3	policy	policy	NOUN
cjal-3363	281	4	in	in	ADP
cjal-3363	281	5	latin	latin	PROPN
cjal-3363	281	6	america	america	PROPN
cjal-3363	281	7	38	38	NUM
cjal-3363	281	8	(	(	PUNCT
cjal-3363	281	9	luigi	luigi	PROPN
cjal-3363	281	10	manzetti	manzetti	PROPN
cjal-3363	281	11	ed	ed	PROPN
cjal-3363	281	12	.	.	PUNCT
cjal-3363	281	13	)	)	PUNCT
cjal-3363	281	14	.	.	PUNCT
cjal-3363	282	1	50	50	NUM
cjal-3363	282	2	john	john	PROPN
cjal-3363	282	3	vickers	vickers	PROPN
cjal-3363	282	4	&	&	CCONJ
cjal-3363	282	5	george	george	PROPN
cjal-3363	282	6	yarrow	yarrow	PROPN
cjal-3363	282	7	,	,	PUNCT
cjal-3363	282	8	supra	supra	PROPN
cjal-3363	282	9	note	note	NOUN
cjal-3363	282	10	1	1	NUM
cjal-3363	282	11	,	,	PUNCT
cjal-3363	282	12	at	at	ADP
cjal-3363	282	13	114	114	NUM
cjal-3363	282	14	.	.	PUNCT
cjal-3363	283	1	51	51	NUM
cjal-3363	283	2	jean	jean	PROPN
cjal-3363	283	3	-	-	PUNCT
cjal-3363	283	4	jacques	jacques	PROPN
cjal-3363	283	5	laffont	laffont	PROPN
cjal-3363	283	6	,	,	PUNCT
cjal-3363	283	7	&	&	CCONJ
cjal-3363	283	8	jean	jean	PROPN
cjal-3363	283	9	tirole	tirole	PROPN
cjal-3363	283	10	,	,	PUNCT
cjal-3363	283	11	should	should	AUX
cjal-3363	283	12	governments	government	NOUN
cjal-3363	283	13	commit	commit	VERB
cjal-3363	283	14	?	?	PUNCT
cjal-3363	284	1	36	36	NUM
cjal-3363	284	2	euro	euro	NOUN
cjal-3363	284	3	.	.	PUNCT
cjal-3363	285	1	econ	econ	PROPN
cjal-3363	285	2	.	.	PUNCT
cjal-3363	286	1	rev	rev	PROPN
cjal-3363	286	2	.	.	PROPN
cjal-3363	286	3	345	345	NUM
cjal-3363	286	4	(	(	PUNCT
cjal-3363	286	5	1992	1992	NUM
cjal-3363	286	6	)	)	PUNCT
cjal-3363	286	7	(	(	PUNCT
cjal-3363	286	8	a	a	DET
cjal-3363	286	9	justification	justification	NOUN
cjal-3363	286	10	for	for	ADP
cjal-3363	286	11	not	not	PART
cjal-3363	286	12	commiting	commit	VERB
cjal-3363	286	13	is	be	AUX
cjal-3363	286	14	"	"	PUNCT
cjal-3363	286	15	the	the	DET
cjal-3363	286	16	difficulty	difficulty	NOUN
cjal-3363	286	17	of	of	ADP
cjal-3363	286	18	signing	sign	VERB
cjal-3363	286	19	complete	complete	ADJ
cjal-3363	286	20	state	state	NOUN
cjal-3363	286	21	contingent	contingent	NOUN
cjal-3363	286	22	contracts	contract	NOUN
cjal-3363	286	23	in	in	ADP
cjal-3363	286	24	an	an	DET
cjal-3363	286	25	uncertain	uncertain	ADJ
cjal-3363	286	26	environment	environment	NOUN
cjal-3363	286	27	.	.	PUNCT
cjal-3363	286	28	"	"	PUNCT
cjal-3363	286	29	)	)	PUNCT
cjal-3363	286	30	.	.	PUNCT
cjal-3363	287	1	52	52	NUM
cjal-3363	287	2	peter	peter	PROPN
cjal-3363	287	3	h.	h.	PROPN
cjal-3363	287	4	schuck	schuck	PROPN
cjal-3363	287	5	,	,	PUNCT
cjal-3363	287	6	law	law	NOUN
cjal-3363	287	7	and	and	CCONJ
cjal-3363	287	8	post	post	ADJ
cjal-3363	287	9	-	-	ADJ
cjal-3363	287	10	privatization	privatization	ADJ
cjal-3363	287	11	regulation	regulation	NOUN
cjal-3363	287	12	reform	reform	NOUN
cjal-3363	287	13	:	:	PUNCT
cjal-3363	287	14	perspectives	perspective	NOUN
cjal-3363	287	15	from	from	ADP
cjal-3363	287	16	the	the	DET
cjal-3363	287	17	u.s	u.s	PROPN
cjal-3363	287	18	.	.	PROPN
cjal-3363	287	19	experience	experience	NOUN
cjal-3363	287	20	,	,	PUNCT
cjal-3363	287	21	in	in	ADP
cjal-3363	287	22	regulatory	regulatory	ADJ
cjal-3363	287	23	policy	policy	NOUN
cjal-3363	287	24	in	in	ADP
cjal-3363	287	25	latin	latin	PROPN
cjal-3363	287	26	america	america	PROPN
cjal-3363	287	27	38	38	NUM
cjal-3363	287	28	(	(	PUNCT
cjal-3363	287	29	luigi	luigi	PROPN
cjal-3363	287	30	manzetti	manzetti	PROPN
cjal-3363	287	31	ed	ed	PROPN
cjal-3363	287	32	.	.	PUNCT
cjal-3363	287	33	)	)	PUNCT
cjal-3363	287	34	.	.	PUNCT
cjal-3363	288	1	53	53	NUM
cjal-3363	288	2	this	this	PRON
cjal-3363	288	3	is	be	AUX
cjal-3363	288	4	sometimes	sometimes	ADV
cjal-3363	288	5	referred	refer	VERB
cjal-3363	288	6	to	to	ADP
cjal-3363	288	7	as	as	ADP
cjal-3363	288	8	the	the	DET
cjal-3363	288	9	problem	problem	NOUN
cjal-3363	288	10	of	of	ADP
cjal-3363	288	11	government	government	NOUN
cjal-3363	288	12	capabilities	capability	NOUN
cjal-3363	288	13	.	.	PUNCT
cjal-3363	289	1	luigi	luigi	PROPN
cjal-3363	289	2	manzetti	manzetti	PROPN
cjal-3363	289	3	,	,	PUNCT
cjal-3363	289	4	privatization	privatization	NOUN
cjal-3363	289	5	south	south	ADJ
cjal-3363	289	6	american	american	ADJ
cjal-3363	289	7	style	style	NOUN
cjal-3363	289	8	22	22	NUM
cjal-3363	289	9	(	(	PUNCT
cjal-3363	289	10	1999	1999	NUM
cjal-3363	289	11	)	)	PUNCT
cjal-3363	289	12	.	.	PUNCT
cjal-3363	290	1	54	54	NUM
cjal-3363	290	2	i	i	PRON
cjal-3363	290	3	consider	consider	VERB
cjal-3363	290	4	tax	tax	NOUN
cjal-3363	290	5	essentially	essentially	ADV
cjal-3363	290	6	as	as	ADP
cjal-3363	290	7	a	a	DET
cjal-3363	290	8	form	form	NOUN
cjal-3363	290	9	of	of	ADP
cjal-3363	290	10	regulation	regulation	NOUN
cjal-3363	290	11	,	,	PUNCT
cjal-3363	290	12	since	since	SCONJ
cjal-3363	290	13	it	it	PRON
cjal-3363	290	14	is	be	AUX
cjal-3363	290	15	a	a	DET
cjal-3363	290	16	form	form	NOUN
cjal-3363	290	17	of	of	ADP
cjal-3363	290	18	state	state	NOUN
cjal-3363	290	19	intervention	intervention	NOUN
cjal-3363	290	20	in	in	ADP
cjal-3363	290	21	private	private	ADJ
cjal-3363	290	22	businesses	business	NOUN
cjal-3363	290	23	based	base	VERB
cjal-3363	290	24	on	on	ADP
cjal-3363	290	25	law	law	NOUN
cjal-3363	290	26	.	.	PUNCT
cjal-3363	291	1	55	55	NUM
cjal-3363	291	2	as	as	SCONJ
cjal-3363	291	3	some	some	DET
cjal-3363	291	4	scholars	scholar	NOUN
cjal-3363	291	5	point	point	VERB
cjal-3363	291	6	out	out	ADP
cjal-3363	291	7	,	,	PUNCT
cjal-3363	291	8	in	in	ADP
cjal-3363	291	9	countries	country	NOUN
cjal-3363	291	10	where	where	SCONJ
cjal-3363	291	11	the	the	DET
cjal-3363	291	12	governments	government	NOUN
cjal-3363	291	13	play	play	VERB
cjal-3363	291	14	a	a	DET
cjal-3363	291	15	larger	large	ADJ
cjal-3363	291	16	role	role	NOUN
cjal-3363	291	17	in	in	ADP
cjal-3363	291	18	economic	economic	ADJ
cjal-3363	291	19	activities	activity	NOUN
cjal-3363	291	20	,	,	PUNCT
cjal-3363	291	21	the	the	DET
cjal-3363	291	22	check	check	NOUN
cjal-3363	291	23	and	and	CCONJ
cjal-3363	291	24	balance	balance	NOUN
cjal-3363	291	25	of	of	ADP
cjal-3363	291	26	political	political	ADJ
cjal-3363	291	27	organs	organ	NOUN
cjal-3363	291	28	is	be	AUX
cjal-3363	291	29	generally	generally	ADV
cjal-3363	291	30	weaker	weak	ADJ
cjal-3363	291	31	,	,	PUNCT
cjal-3363	291	32	because	because	SCONJ
cjal-3363	291	33	the	the	DET
cjal-3363	291	34	procedural	procedural	ADJ
cjal-3363	291	35	constraints	constraint	NOUN
cjal-3363	291	36	on	on	ADP
cjal-3363	291	37	the	the	DET
cjal-3363	291	38	government	government	NOUN
cjal-3363	291	39	may	may	AUX
cjal-3363	291	40	hinder	hinder	VERB
cjal-3363	291	41	it	it	PRON
cjal-3363	291	42	from	from	ADP
cjal-3363	291	43	exerting	exert	VERB
cjal-3363	291	44	influences	influence	NOUN
cjal-3363	291	45	on	on	ADP
cjal-3363	291	46	the	the	DET
cjal-3363	291	47	markets	market	NOUN
cjal-3363	291	48	.	.	PUNCT
cjal-3363	292	1	see	see	VERB
cjal-3363	292	2	generally	generally	ADV
cjal-3363	292	3	j.	j.	PROPN
cjal-3363	292	4	c.	c.	PROPN
cjal-3363	292	5	reitz	reitz	PROPN
cjal-3363	292	6	,	,	PUNCT
cjal-3363	292	7	political	political	ADJ
cjal-3363	292	8	economy	economy	NOUN
cjal-3363	292	9	and	and	CCONJ
cjal-3363	292	10	separation	separation	NOUN
cjal-3363	292	11	of	of	ADP
cjal-3363	292	12	powers	power	NOUN
cjal-3363	292	13	,	,	PUNCT
cjal-3363	292	14	15	15	NUM
cjal-3363	292	15	transnat’l	transnat’l	NOUN
cjal-3363	292	16	l.	l.	PROPN
cjal-3363	292	17	&	&	CCONJ
cjal-3363	292	18	contemp	contemp	PROPN
cjal-3363	292	19	.	.	PUNCT
cjal-3363	293	1	probs	prob	NOUN
cjal-3363	293	2	.	.	PUNCT
cjal-3363	294	1	579	579	NUM
cjal-3363	294	2	(	(	PUNCT
cjal-3363	294	3	2006	2006	NUM
cjal-3363	294	4	)	)	PUNCT
cjal-3363	294	5	.	.	PUNCT
cjal-3363	295	1	56	56	NUM
cjal-3363	295	2	see	see	VERB
cjal-3363	295	3	generally	generally	ADV
cjal-3363	295	4	william	william	PROPN
cjal-3363	295	5	w.	w.	PROPN
cjal-3363	295	6	bratton	bratton	PROPN
cjal-3363	295	7	,	,	PUNCT
cjal-3363	295	8	enron	enron	PROPN
cjal-3363	295	9	and	and	CCONJ
cjal-3363	295	10	the	the	DET
cjal-3363	295	11	dark	dark	ADJ
cjal-3363	295	12	side	side	NOUN
cjal-3363	295	13	of	of	ADP
cjal-3363	295	14	shareholder	shareholder	NOUN
cjal-3363	295	15	value	value	NOUN
cjal-3363	295	16	,	,	PUNCT
cjal-3363	295	17	76	76	NUM
cjal-3363	295	18	tul	tul	NOUN
cjal-3363	295	19	.	.	PUNCT
cjal-3363	295	20	l.	l.	PROPN
cjal-3363	295	21	rev	rev	PROPN
cjal-3363	295	22	.	.	PROPN
cjal-3363	295	23	1275	1275	NUM
cjal-3363	295	24	(	(	PUNCT
cjal-3363	295	25	2001	2001	NUM
cjal-3363	295	26	-	-	SYM
cjal-3363	295	27	2002	2002	NUM
cjal-3363	295	28	)	)	PUNCT
cjal-3363	295	29	;	;	PUNCT
cjal-3363	295	30	jean	jean	PROPN
cjal-3363	295	31	-	-	PUNCT
cjal-3363	295	32	jacques	jacques	PROPN
cjal-3363	295	33	laffont	laffont	PROPN
cjal-3363	295	34	&	&	CCONJ
cjal-3363	295	35	jean	jean	PROPN
cjal-3363	295	36	tirole	tirole	PROPN
cjal-3363	295	37	,	,	PUNCT
cjal-3363	295	38	supra	supra	PROPN
cjal-3363	295	39	note	note	PROPN
cjal-3363	295	40	20	20	NUM
cjal-3363	295	41	,	,	PUNCT
cjal-3363	295	42	at	at	ADP
cjal-3363	295	43	638	638	NUM
cjal-3363	295	44	.	.	PUNCT
cjal-3363	295	45	2017	2017	NUM
cjal-3363	295	46	]	]	PUNCT
cjal-3363	295	47	state	state	NOUN
cjal-3363	295	48	ownership	ownership	NOUN
cjal-3363	295	49	and	and	CCONJ
cjal-3363	295	50	regulatory	regulatory	ADJ
cjal-3363	295	51	costs	cost	NOUN
cjal-3363	295	52	13	13	NUM
cjal-3363	295	53	costs	cost	NOUN
cjal-3363	295	54	are	be	AUX
cjal-3363	295	55	socially	socially	ADV
cjal-3363	295	56	undesirable	undesirable	ADJ
cjal-3363	295	57	regardless	regardless	ADV
cjal-3363	295	58	of	of	ADP
cjal-3363	295	59	who	who	PRON
cjal-3363	295	60	bears	bear	VERB
cjal-3363	295	61	them	they	PRON
cjal-3363	295	62	.	.	PUNCT
cjal-3363	296	1	2	2	X
cjal-3363	296	2	.	.	X
cjal-3363	296	3	regulatory	regulatory	ADJ
cjal-3363	296	4	costs	cost	NOUN
cjal-3363	296	5	of	of	ADP
cjal-3363	296	6	soes	soe	NOUN
cjal-3363	296	7	compared	compare	VERB
cjal-3363	296	8	with	with	ADP
cjal-3363	296	9	private	private	ADJ
cjal-3363	296	10	enterprises	enterprise	NOUN
cjal-3363	296	11	soes	soe	NOUN
cjal-3363	296	12	may	may	AUX
cjal-3363	296	13	alleviate	alleviate	VERB
cjal-3363	296	14	these	these	DET
cjal-3363	296	15	regulatory	regulatory	ADJ
cjal-3363	296	16	costs	cost	NOUN
cjal-3363	296	17	in	in	ADP
cjal-3363	296	18	several	several	ADJ
cjal-3363	296	19	ways	way	NOUN
cjal-3363	296	20	.	.	PUNCT
cjal-3363	297	1	state	state	NOUN
cjal-3363	297	2	investment	investment	NOUN
cjal-3363	297	3	would	would	AUX
cjal-3363	297	4	not	not	PART
cjal-3363	297	5	be	be	AUX
cjal-3363	297	6	deterred	deter	VERB
cjal-3363	297	7	by	by	ADP
cjal-3363	297	8	future	future	ADJ
cjal-3363	297	9	changes	change	NOUN
cjal-3363	297	10	in	in	ADP
cjal-3363	297	11	regulation	regulation	NOUN
cjal-3363	297	12	.	.	PUNCT
cjal-3363	298	1	consider	consider	VERB
cjal-3363	298	2	the	the	DET
cjal-3363	298	3	price	price	NOUN
cjal-3363	298	4	regulation	regulation	NOUN
cjal-3363	298	5	of	of	ADP
cjal-3363	298	6	natural	natural	ADJ
cjal-3363	298	7	monopolies	monopoly	NOUN
cjal-3363	298	8	for	for	ADP
cjal-3363	298	9	example	example	NOUN
cjal-3363	298	10	.	.	PUNCT
cjal-3363	299	1	if	if	SCONJ
cjal-3363	299	2	the	the	DET
cjal-3363	299	3	state	state	NOUN
cjal-3363	299	4	sets	set	VERB
cjal-3363	299	5	the	the	DET
cjal-3363	299	6	price	price	NOUN
cjal-3363	299	7	too	too	ADV
cjal-3363	299	8	low	low	ADJ
cjal-3363	299	9	and	and	CCONJ
cjal-3363	299	10	hurts	hurt	VERB
cjal-3363	299	11	the	the	DET
cjal-3363	299	12	interests	interest	NOUN
cjal-3363	299	13	of	of	ADP
cjal-3363	299	14	the	the	DET
cjal-3363	299	15	enterprise	enterprise	NOUN
cjal-3363	299	16	,	,	PUNCT
cjal-3363	299	17	it	it	PRON
cjal-3363	299	18	must	must	AUX
cjal-3363	299	19	subsidize	subsidize	VERB
cjal-3363	299	20	the	the	DET
cjal-3363	299	21	enterprise	enterprise	NOUN
cjal-3363	299	22	in	in	ADP
cjal-3363	299	23	order	order	NOUN
cjal-3363	299	24	to	to	PART
cjal-3363	299	25	provide	provide	VERB
cjal-3363	299	26	the	the	DET
cjal-3363	299	27	necessary	necessary	ADJ
cjal-3363	299	28	goods	good	NOUN
cjal-3363	299	29	and	and	CCONJ
cjal-3363	299	30	services	service	NOUN
cjal-3363	299	31	,	,	PUNCT
cjal-3363	299	32	as	as	ADV
cjal-3363	299	33	long	long	ADV
cjal-3363	299	34	as	as	SCONJ
cjal-3363	299	35	the	the	DET
cjal-3363	299	36	state	state	NOUN
cjal-3363	299	37	is	be	AUX
cjal-3363	299	38	held	hold	VERB
cjal-3363	299	39	accountable	accountable	ADJ
cjal-3363	299	40	for	for	ADP
cjal-3363	299	41	the	the	DET
cjal-3363	299	42	provision	provision	NOUN
cjal-3363	299	43	of	of	ADP
cjal-3363	299	44	water	water	NOUN
cjal-3363	299	45	to	to	ADP
cjal-3363	299	46	public	public	ADJ
cjal-3363	299	47	consumers	consumer	NOUN
cjal-3363	299	48	.	.	PUNCT
cjal-3363	300	1	the	the	DET
cjal-3363	300	2	underinvestment	underinvestment	ADJ
cjal-3363	300	3	problem	problem	NOUN
cjal-3363	300	4	usually	usually	ADV
cjal-3363	300	5	does	do	AUX
cjal-3363	300	6	not	not	PART
cjal-3363	300	7	arise	arise	VERB
cjal-3363	300	8	.	.	PUNCT
cjal-3363	301	1	if	if	SCONJ
cjal-3363	301	2	the	the	DET
cjal-3363	301	3	price	price	NOUN
cjal-3363	301	4	is	be	AUX
cjal-3363	301	5	set	set	VERB
cjal-3363	301	6	too	too	ADV
cjal-3363	301	7	high	high	ADJ
cjal-3363	301	8	,	,	PUNCT
cjal-3363	301	9	the	the	DET
cjal-3363	301	10	additional	additional	ADJ
cjal-3363	301	11	profit	profit	NOUN
cjal-3363	301	12	is	be	AUX
cjal-3363	301	13	similar	similar	ADJ
cjal-3363	301	14	to	to	ADP
cjal-3363	301	15	a	a	DET
cjal-3363	301	16	tax	tax	NOUN
cjal-3363	301	17	collected	collect	VERB
cjal-3363	301	18	by	by	ADP
cjal-3363	301	19	the	the	DET
cjal-3363	301	20	government	government	NOUN
cjal-3363	301	21	and	and	CCONJ
cjal-3363	301	22	can	can	AUX
cjal-3363	301	23	be	be	AUX
cjal-3363	301	24	spent	spend	VERB
cjal-3363	301	25	for	for	ADP
cjal-3363	301	26	the	the	DET
cjal-3363	301	27	public	public	NOUN
cjal-3363	301	28	.	.	PUNCT
cjal-3363	302	1	additionally	additionally	ADV
cjal-3363	302	2	,	,	PUNCT
cjal-3363	302	3	the	the	DET
cjal-3363	302	4	state	state	NOUN
cjal-3363	302	5	can	can	AUX
cjal-3363	302	6	prevent	prevent	VERB
cjal-3363	302	7	the	the	DET
cjal-3363	302	8	enterprise	enterprise	NOUN
cjal-3363	302	9	from	from	ADP
cjal-3363	302	10	acting	act	VERB
cjal-3363	302	11	opportunistically	opportunistically	ADV
cjal-3363	302	12	,	,	PUNCT
cjal-3363	302	13	thus	thus	ADV
cjal-3363	302	14	saving	save	VERB
cjal-3363	302	15	the	the	DET
cjal-3363	302	16	resources	resource	NOUN
cjal-3363	302	17	spent	spend	VERB
cjal-3363	302	18	in	in	ADP
cjal-3363	302	19	evading	evade	VERB
cjal-3363	302	20	regulation	regulation	NOUN
cjal-3363	302	21	and	and	CCONJ
cjal-3363	302	22	the	the	DET
cjal-3363	302	23	negative	negative	ADJ
cjal-3363	302	24	consequences	consequence	NOUN
cjal-3363	302	25	of	of	ADP
cjal-3363	302	26	regulatory	regulatory	ADJ
cjal-3363	302	27	failures	failure	NOUN
cjal-3363	302	28	.	.	PUNCT
cjal-3363	303	1	57	57	NUM
cjal-3363	303	2	state	state	NOUN
cjal-3363	303	3	ownership	ownership	NOUN
cjal-3363	303	4	of	of	ADP
cjal-3363	303	5	enterprise	enterprise	NOUN
cjal-3363	303	6	is	be	AUX
cjal-3363	303	7	similar	similar	ADJ
cjal-3363	303	8	to	to	ADP
cjal-3363	303	9	a	a	DET
cjal-3363	303	10	vertical	vertical	ADJ
cjal-3363	303	11	integration	integration	NOUN
cjal-3363	303	12	between	between	ADP
cjal-3363	303	13	the	the	DET
cjal-3363	303	14	government	government	NOUN
cjal-3363	303	15	and	and	CCONJ
cjal-3363	303	16	an	an	DET
cjal-3363	303	17	enterprise.58	enterprise.58	NOUN
cjal-3363	303	18	ownership	ownership	NOUN
cjal-3363	303	19	confers	confer	NOUN
cjal-3363	303	20	the	the	DET
cjal-3363	303	21	residual	residual	ADJ
cjal-3363	303	22	rights	right	NOUN
cjal-3363	303	23	to	to	PART
cjal-3363	303	24	control	control	VERB
cjal-3363	303	25	and	and	CCONJ
cjal-3363	303	26	earnings	earning	NOUN
cjal-3363	303	27	.	.	PUNCT
cjal-3363	304	1	the	the	DET
cjal-3363	304	2	control	control	NOUN
cjal-3363	304	3	based	base	VERB
cjal-3363	304	4	on	on	ADP
cjal-3363	304	5	state	state	NOUN
cjal-3363	304	6	ownership	ownership	NOUN
cjal-3363	304	7	,	,	PUNCT
cjal-3363	304	8	what	what	PRON
cjal-3363	304	9	laffont	laffont	NOUN
cjal-3363	304	10	and	and	CCONJ
cjal-3363	304	11	tirole	tirole	PROPN
cjal-3363	304	12	call	call	VERB
cjal-3363	304	13	“	"	PUNCT
cjal-3363	304	14	internal	internal	ADJ
cjal-3363	304	15	control	control	NOUN
cjal-3363	304	16	,	,	PUNCT
cjal-3363	304	17	”	"	PUNCT
cjal-3363	304	18	affects	affect	VERB
cjal-3363	304	19	firm	firm	ADJ
cjal-3363	304	20	decisions	decision	NOUN
cjal-3363	304	21	mainly	mainly	ADV
cjal-3363	304	22	through	through	ADP
cjal-3363	304	23	the	the	DET
cjal-3363	304	24	state	state	NOUN
cjal-3363	304	25	’s	’s	PART
cjal-3363	304	26	control	control	NOUN
cjal-3363	304	27	over	over	ADP
cjal-3363	304	28	managers.59	managers.59	NOUN
cjal-3363	304	29	with	with	ADP
cjal-3363	304	30	ownership	ownership	NOUN
cjal-3363	304	31	,	,	PUNCT
cjal-3363	304	32	the	the	DET
cjal-3363	304	33	state	state	NOUN
cjal-3363	304	34	possesses	possess	VERB
cjal-3363	304	35	many	many	ADJ
cjal-3363	304	36	reward	reward	NOUN
cjal-3363	304	37	and	and	CCONJ
cjal-3363	304	38	penalty	penalty	NOUN
cjal-3363	304	39	instruments	instrument	NOUN
cjal-3363	304	40	,	,	PUNCT
cjal-3363	304	41	including	include	VERB
cjal-3363	304	42	“	"	PUNCT
cjal-3363	304	43	employment	employment	NOUN
cjal-3363	304	44	,	,	PUNCT
cjal-3363	304	45	promotion	promotion	NOUN
cjal-3363	304	46	,	,	PUNCT
cjal-3363	304	47	remuneration	remuneration	NOUN
cjal-3363	304	48	and	and	CCONJ
cjal-3363	304	49	internal	internal	ADJ
cjal-3363	304	50	resource	resource	NOUN
cjal-3363	304	51	allocation	allocation	NOUN
cjal-3363	304	52	.	.	PUNCT
cjal-3363	305	1	”60	”60	PROPN
cjal-3363	305	2	managers	manager	NOUN
cjal-3363	305	3	and	and	CCONJ
cjal-3363	305	4	employees	employee	NOUN
cjal-3363	305	5	are	be	AUX
cjal-3363	305	6	under	under	ADP
cjal-3363	305	7	the	the	DET
cjal-3363	305	8	state	state	NOUN
cjal-3363	305	9	’s	’s	PART
cjal-3363	305	10	control	control	NOUN
cjal-3363	305	11	and	and	CCONJ
cjal-3363	305	12	are	be	AUX
cjal-3363	305	13	selected	select	VERB
cjal-3363	305	14	by	by	ADP
cjal-3363	305	15	the	the	DET
cjal-3363	305	16	state	state	NOUN
cjal-3363	305	17	.	.	PUNCT
cjal-3363	306	1	it	it	PRON
cjal-3363	306	2	can	can	AUX
cjal-3363	306	3	thus	thus	ADV
cjal-3363	306	4	control	control	VERB
cjal-3363	306	5	their	their	PRON
cjal-3363	306	6	incentives	incentive	NOUN
cjal-3363	306	7	more	more	ADV
cjal-3363	306	8	effectively	effectively	ADV
cjal-3363	306	9	,	,	PUNCT
cjal-3363	306	10	examine	examine	VERB
cjal-3363	306	11	their	their	PRON
cjal-3363	306	12	backgrounds	background	NOUN
cjal-3363	306	13	,	,	PUNCT
cjal-3363	306	14	and	and	CCONJ
cjal-3363	306	15	place	place	VERB
cjal-3363	306	16	them	they	PRON
cjal-3363	306	17	in	in	ADP
cjal-3363	306	18	a	a	DET
cjal-3363	306	19	long	long	ADJ
cjal-3363	306	20	-	-	PUNCT
cjal-3363	306	21	term	term	NOUN
cjal-3363	306	22	relationship	relationship	NOUN
cjal-3363	306	23	with	with	ADP
cjal-3363	306	24	the	the	DET
cjal-3363	306	25	state.61	state.61	NOUN
cjal-3363	306	26	by	by	ADP
cjal-3363	306	27	contrast	contrast	NOUN
cjal-3363	306	28	,	,	PUNCT
cjal-3363	306	29	private	private	ADJ
cjal-3363	306	30	enterprises	enterprise	NOUN
cjal-3363	306	31	may	may	AUX
cjal-3363	306	32	be	be	AUX
cjal-3363	306	33	liquidated	liquidate	VERB
cjal-3363	306	34	or	or	CCONJ
cjal-3363	306	35	go	go	VERB
cjal-3363	306	36	bankrupt	bankrupt	ADJ
cjal-3363	306	37	at	at	ADP
cjal-3363	306	38	any	any	DET
cjal-3363	306	39	moment	moment	NOUN
cjal-3363	306	40	.	.	PUNCT
cjal-3363	307	1	in	in	ADP
cjal-3363	307	2	developing	develop	VERB
cjal-3363	307	3	countries	country	NOUN
cjal-3363	307	4	with	with	ADP
cjal-3363	307	5	less	less	ADV
cjal-3363	307	6	developed	developed	ADJ
cjal-3363	307	7	credit	credit	NOUN
cjal-3363	307	8	systems	system	NOUN
cjal-3363	307	9	,	,	PUNCT
cjal-3363	307	10	private	private	ADJ
cjal-3363	307	11	investors	investor	NOUN
cjal-3363	307	12	may	may	AUX
cjal-3363	307	13	even	even	ADV
cjal-3363	307	14	get	get	VERB
cjal-3363	307	15	away	away	ADV
cjal-3363	307	16	by	by	ADP
cjal-3363	307	17	escaping	escape	VERB
cjal-3363	307	18	to	to	ADP
cjal-3363	307	19	foreign	foreign	ADJ
cjal-3363	307	20	countries	country	NOUN
cjal-3363	307	21	or	or	CCONJ
cjal-3363	307	22	using	use	VERB
cjal-3363	307	23	faked	fake	VERB
cjal-3363	307	24	identities	identity	NOUN
cjal-3363	307	25	.	.	PUNCT
cjal-3363	308	1	57	57	NUM
cjal-3363	308	2	sappington	sappington	PROPN
cjal-3363	308	3	&	&	CCONJ
cjal-3363	308	4	stiglitz	stiglitz	PROPN
cjal-3363	308	5	,	,	PUNCT
cjal-3363	308	6	supra	supra	PROPN
cjal-3363	308	7	note	note	PROPN
cjal-3363	308	8	23	23	NUM
cjal-3363	308	9	,	,	PUNCT
cjal-3363	308	10	at	at	ADP
cjal-3363	308	11	568	568	NUM
cjal-3363	308	12	(	(	PUNCT
cjal-3363	308	13	“	"	PUNCT
cjal-3363	308	14	[	[	X
cjal-3363	308	15	d]irect	d]irect	ADJ
cjal-3363	308	16	government	government	NOUN
cjal-3363	308	17	intervention	intervention	NOUN
cjal-3363	308	18	into	into	ADP
cjal-3363	308	19	delegated	delegate	VERB
cjal-3363	308	20	production	production	NOUN
cjal-3363	308	21	arrangements	arrangement	NOUN
cjal-3363	308	22	generally	generally	ADV
cjal-3363	308	23	involves	involve	VERB
cjal-3363	308	24	smaller	small	ADJ
cjal-3363	308	25	costs	cost	NOUN
cjal-3363	308	26	under	under	ADP
cjal-3363	308	27	public	public	ADJ
cjal-3363	308	28	provision	provision	NOUN
cjal-3363	308	29	than	than	ADP
cjal-3363	308	30	under	under	ADP
cjal-3363	308	31	private	private	ADJ
cjal-3363	308	32	provision	provision	NOUN
cjal-3363	308	33	”	"	PUNCT
cjal-3363	308	34	)	)	PUNCT
cjal-3363	308	35	.	.	PUNCT
cjal-3363	309	1	58	58	NUM
cjal-3363	309	2	oliver	oliver	PROPN
cjal-3363	309	3	e.	e.	PROPN
cjal-3363	309	4	williamson	williamson	PROPN
cjal-3363	309	5	,	,	PUNCT
cjal-3363	309	6	markets	market	NOUN
cjal-3363	309	7	and	and	CCONJ
cjal-3363	309	8	hierarchies	hierarchy	NOUN
cjal-3363	309	9	104	104	NUM
cjal-3363	309	10	(	(	PUNCT
cjal-3363	309	11	1975	1975	NUM
cjal-3363	309	12	)	)	PUNCT
cjal-3363	309	13	.	.	PUNCT
cjal-3363	310	1	59	59	NUM
cjal-3363	310	2	laffont	laffont	NOUN
cjal-3363	310	3	&	&	CCONJ
cjal-3363	310	4	tirole	tirole	PROPN
cjal-3363	310	5	,	,	PUNCT
cjal-3363	310	6	supra	supra	PROPN
cjal-3363	310	7	note	note	PROPN
cjal-3363	310	8	20	20	NUM
cjal-3363	310	9	,	,	PUNCT
cjal-3363	310	10	at	at	ADP
cjal-3363	310	11	638	638	NUM
cjal-3363	310	12	.	.	PUNCT
cjal-3363	311	1	(	(	PUNCT
cjal-3363	311	2	“	"	PUNCT
cjal-3363	311	3	internal	internal	ADJ
cjal-3363	311	4	control	control	NOUN
cjal-3363	311	5	is	be	AUX
cjal-3363	311	6	the	the	DET
cjal-3363	311	7	control	control	NOUN
cjal-3363	311	8	of	of	ADP
cjal-3363	311	9	the	the	DET
cjal-3363	311	10	firm	firm	NOUN
cjal-3363	311	11	’s	’s	PART
cjal-3363	311	12	inputs	input	NOUN
cjal-3363	311	13	through	through	ADP
cjal-3363	311	14	managerial	managerial	ADJ
cjal-3363	311	15	incentive	incentive	NOUN
cjal-3363	311	16	schemes	scheme	NOUN
cjal-3363	311	17	,	,	PUNCT
cjal-3363	311	18	intervention	intervention	NOUN
cjal-3363	311	19	in	in	ADP
cjal-3363	311	20	the	the	DET
cjal-3363	311	21	decisions	decision	NOUN
cjal-3363	311	22	concerning	concern	VERB
cjal-3363	311	23	employment	employment	NOUN
cjal-3363	311	24	,	,	PUNCT
cjal-3363	311	25	level	level	NOUN
cjal-3363	311	26	,	,	PUNCT
cjal-3363	311	27	location	location	NOUN
cjal-3363	311	28	,	,	PUNCT
cjal-3363	311	29	and	and	CCONJ
cjal-3363	311	30	type	type	NOUN
cjal-3363	311	31	of	of	ADP
cjal-3363	311	32	investments	investment	NOUN
cjal-3363	311	33	,	,	PUNCT
cjal-3363	311	34	and	and	CCONJ
cjal-3363	311	35	borrowing	borrowing	NOUN
cjal-3363	311	36	.	.	PUNCT
cjal-3363	311	37	”	"	PUNCT
cjal-3363	311	38	)	)	PUNCT
cjal-3363	311	39	according	accord	VERB
cjal-3363	311	40	to	to	ADP
cjal-3363	311	41	laffont	laffont	NOUN
cjal-3363	311	42	and	and	CCONJ
cjal-3363	311	43	tirole	tirole	PROPN
cjal-3363	311	44	,	,	PUNCT
cjal-3363	311	45	the	the	DET
cjal-3363	311	46	government	government	NOUN
cjal-3363	311	47	possesses	possess	VERB
cjal-3363	311	48	both	both	CCONJ
cjal-3363	311	49	external	external	ADJ
cjal-3363	311	50	and	and	CCONJ
cjal-3363	311	51	internal	internal	ADJ
cjal-3363	311	52	control	control	NOUN
cjal-3363	311	53	over	over	ADP
cjal-3363	311	54	public	public	ADJ
cjal-3363	311	55	enterprises	enterprise	NOUN
cjal-3363	311	56	,	,	PUNCT
cjal-3363	311	57	while	while	SCONJ
cjal-3363	311	58	it	it	PRON
cjal-3363	311	59	only	only	ADV
cjal-3363	311	60	possesses	possess	VERB
cjal-3363	311	61	external	external	ADJ
cjal-3363	311	62	control	control	NOUN
cjal-3363	311	63	over	over	ADP
cjal-3363	311	64	private	private	ADJ
cjal-3363	311	65	ones	one	NOUN
cjal-3363	311	66	.	.	PUNCT
cjal-3363	312	1	60	60	NUM
cjal-3363	312	2	oliver	oliver	PROPN
cjal-3363	312	3	e.	e.	PROPN
cjal-3363	312	4	williamson	williamson	PROPN
cjal-3363	312	5	,	,	PUNCT
cjal-3363	312	6	the	the	DET
cjal-3363	312	7	vertical	vertical	ADJ
cjal-3363	312	8	integration	integration	NOUN
cjal-3363	312	9	of	of	ADP
cjal-3363	312	10	production	production	NOUN
cjal-3363	312	11	:	:	PUNCT
cjal-3363	312	12	market	market	NOUN
cjal-3363	312	13	failure	failure	NOUN
cjal-3363	312	14	considerations	consideration	NOUN
cjal-3363	312	15	,	,	PUNCT
cjal-3363	312	16	61	61	NUM
cjal-3363	312	17	am	am	NOUN
cjal-3363	312	18	.	.	PUNCT
cjal-3363	313	1	econ	econ	PROPN
cjal-3363	313	2	.	.	PUNCT
cjal-3363	314	1	r.	r.	PROPN
cjal-3363	314	2	112	112	NUM
cjal-3363	314	3	,	,	PUNCT
cjal-3363	314	4	114	114	NUM
cjal-3363	314	5	(	(	PUNCT
cjal-3363	314	6	1971	1971	NUM
cjal-3363	314	7	)	)	PUNCT
cjal-3363	314	8	.	.	PUNCT
cjal-3363	315	1	61	61	NUM
cjal-3363	315	2	jiangyu	jiangyu	NOUN
cjal-3363	315	3	wang	wang	PROPN
cjal-3363	315	4	,	,	PUNCT
cjal-3363	315	5	the	the	DET
cjal-3363	315	6	political	political	ADJ
cjal-3363	315	7	logic	logic	NOUN
cjal-3363	315	8	of	of	ADP
cjal-3363	315	9	corporate	corporate	ADJ
cjal-3363	315	10	governance	governance	NOUN
cjal-3363	315	11	in	in	ADP
cjal-3363	315	12	china	china	PROPN
cjal-3363	315	13	’s	’s	PART
cjal-3363	315	14	state	state	NOUN
cjal-3363	315	15	-	-	PUNCT
cjal-3363	315	16	owned	own	VERB
cjal-3363	315	17	enterprise	enterprise	NOUN
cjal-3363	315	18	,	,	PUNCT
cjal-3363	315	19	47	47	NUM
cjal-3363	315	20	cornell	cornell	PROPN
cjal-3363	315	21	int’l	int’l	PROPN
cjal-3363	315	22	l.j	l.j	PROPN
cjal-3363	315	23	.	.	PROPN
cjal-3363	315	24	631	631	NUM
cjal-3363	315	25	,	,	PUNCT
cjal-3363	315	26	651–660	651–660	NUM
cjal-3363	315	27	(	(	PUNCT
cjal-3363	315	28	2014	2014	NUM
cjal-3363	315	29	)	)	PUNCT
cjal-3363	315	30	(	(	PUNCT
cjal-3363	315	31	illustrating	illustrate	VERB
cjal-3363	315	32	the	the	DET
cjal-3363	315	33	mechanisms	mechanism	NOUN
cjal-3363	315	34	by	by	ADP
cjal-3363	315	35	which	which	PRON
cjal-3363	315	36	the	the	DET
cjal-3363	315	37	state	state	NOUN
cjal-3363	315	38	controlls	controll	NOUN
cjal-3363	315	39	soes	soe	NOUN
cjal-3363	315	40	)	)	PUNCT
cjal-3363	315	41	.	.	PUNCT
cjal-3363	316	1	columbia	columbia	PROPN
cjal-3363	316	2	journal	journal	PROPN
cjal-3363	316	3	of	of	ADP
cjal-3363	316	4	asian	asian	ADJ
cjal-3363	316	5	law	law	NOUN
cjal-3363	317	1	[	[	X
cjal-3363	317	2	vol	vol	NOUN
cjal-3363	317	3	.	.	PUNCT
cjal-3363	318	1	31:1	31:1	NUM
cjal-3363	318	2	14	14	NUM
cjal-3363	318	3	moreover	moreover	ADV
cjal-3363	318	4	,	,	PUNCT
cjal-3363	318	5	the	the	DET
cjal-3363	318	6	state	state	NOUN
cjal-3363	318	7	can	can	AUX
cjal-3363	318	8	structure	structure	VERB
cjal-3363	318	9	internal	internal	ADJ
cjal-3363	318	10	incentives	incentive	NOUN
cjal-3363	318	11	to	to	PART
cjal-3363	318	12	consider	consider	VERB
cjal-3363	318	13	governmental	governmental	ADJ
cjal-3363	318	14	goals	goal	NOUN
cjal-3363	318	15	other	other	ADJ
cjal-3363	318	16	than	than	ADP
cjal-3363	318	17	profit	profit	NOUN
cjal-3363	318	18	-	-	PUNCT
cjal-3363	318	19	seeking	seeking	NOUN
cjal-3363	318	20	,	,	PUNCT
cjal-3363	318	21	62	62	NUM
cjal-3363	318	22	which	which	PRON
cjal-3363	318	23	may	may	AUX
cjal-3363	318	24	promote	promote	VERB
cjal-3363	318	25	cooperation	cooperation	NOUN
cjal-3363	318	26	and	and	CCONJ
cjal-3363	318	27	resolve	resolve	VERB
cjal-3363	318	28	conflicts	conflict	NOUN
cjal-3363	318	29	between	between	ADP
cjal-3363	318	30	the	the	DET
cjal-3363	318	31	enterprises	enterprise	NOUN
cjal-3363	318	32	and	and	CCONJ
cjal-3363	318	33	other	other	ADJ
cjal-3363	318	34	stakeholders	stakeholder	NOUN
cjal-3363	318	35	.	.	PUNCT
cjal-3363	319	1	in	in	ADP
cjal-3363	319	2	many	many	ADJ
cjal-3363	319	3	industries	industry	NOUN
cjal-3363	319	4	,	,	PUNCT
cjal-3363	319	5	such	such	ADJ
cjal-3363	319	6	as	as	ADP
cjal-3363	319	7	public	public	ADJ
cjal-3363	319	8	transportation	transportation	NOUN
cjal-3363	319	9	,	,	PUNCT
cjal-3363	319	10	municipal	municipal	ADJ
cjal-3363	319	11	utilities	utility	NOUN
cjal-3363	319	12	,	,	PUNCT
cjal-3363	319	13	and	and	CCONJ
cjal-3363	319	14	hospitals	hospital	NOUN
cjal-3363	319	15	,	,	PUNCT
cjal-3363	319	16	profit	profit	NOUN
cjal-3363	319	17	-	-	PUNCT
cjal-3363	319	18	seeking	seek	VERB
cjal-3363	319	19	corporations	corporation	NOUN
cjal-3363	319	20	pose	pose	VERB
cjal-3363	319	21	a	a	DET
cjal-3363	319	22	severe	severe	ADJ
cjal-3363	319	23	threat	threat	NOUN
cjal-3363	319	24	to	to	ADP
cjal-3363	319	25	public	public	ADJ
cjal-3363	319	26	safety	safety	NOUN
cjal-3363	319	27	and	and	CCONJ
cjal-3363	319	28	welfare	welfare	NOUN
cjal-3363	319	29	.	.	PUNCT
cjal-3363	320	1	soes	soe	NOUN
cjal-3363	320	2	allow	allow	VERB
cjal-3363	320	3	the	the	DET
cjal-3363	320	4	state	state	NOUN
cjal-3363	320	5	to	to	PART
cjal-3363	320	6	structure	structure	VERB
cjal-3363	320	7	incentives	incentive	NOUN
cjal-3363	320	8	for	for	SCONJ
cjal-3363	320	9	managers	manager	NOUN
cjal-3363	320	10	to	to	PART
cjal-3363	320	11	encourage	encourage	VERB
cjal-3363	320	12	them	they	PRON
cjal-3363	320	13	to	to	PART
cjal-3363	320	14	consider	consider	VERB
cjal-3363	320	15	other	other	ADJ
cjal-3363	320	16	factors.63	factors.63	NOUN
cjal-3363	320	17	the	the	DET
cjal-3363	320	18	government	government	NOUN
cjal-3363	320	19	may	may	AUX
cjal-3363	320	20	also	also	ADV
cjal-3363	320	21	gain	gain	VERB
cjal-3363	320	22	more	more	ADJ
cjal-3363	320	23	information	information	NOUN
cjal-3363	320	24	about	about	ADP
cjal-3363	320	25	the	the	DET
cjal-3363	320	26	soes	soe	NOUN
cjal-3363	320	27	’	'	PUNCT
cjal-3363	320	28	business.64	business.64	NOUN
cjal-3363	320	29	governments	government	NOUN
cjal-3363	320	30	can	can	AUX
cjal-3363	320	31	also	also	ADV
cjal-3363	320	32	impose	impose	VERB
cjal-3363	320	33	regulation	regulation	NOUN
cjal-3363	320	34	on	on	ADP
cjal-3363	320	35	private	private	ADJ
cjal-3363	320	36	enterprises	enterprise	NOUN
cjal-3363	320	37	,	,	PUNCT
cjal-3363	320	38	in	in	ADP
cjal-3363	320	39	the	the	DET
cjal-3363	320	40	form	form	NOUN
cjal-3363	320	41	of	of	ADP
cjal-3363	320	42	national	national	ADJ
cjal-3363	320	43	statutes	statute	NOUN
cjal-3363	320	44	or	or	CCONJ
cjal-3363	320	45	regulatory	regulatory	ADJ
cjal-3363	320	46	rules	rule	NOUN
cjal-3363	320	47	.	.	PUNCT
cjal-3363	321	1	65	65	NUM
cjal-3363	321	2	it	it	PRON
cjal-3363	321	3	possesses	possess	VERB
cjal-3363	321	4	the	the	DET
cjal-3363	321	5	police	police	NOUN
cjal-3363	321	6	power	power	NOUN
cjal-3363	321	7	to	to	PART
cjal-3363	321	8	define	define	VERB
cjal-3363	321	9	property	property	NOUN
cjal-3363	321	10	rights	right	NOUN
cjal-3363	321	11	and	and	CCONJ
cjal-3363	321	12	to	to	PART
cjal-3363	321	13	interfere	interfere	VERB
cjal-3363	321	14	when	when	SCONJ
cjal-3363	321	15	the	the	DET
cjal-3363	321	16	public	public	ADJ
cjal-3363	321	17	interest	interest	NOUN
cjal-3363	321	18	is	be	AUX
cjal-3363	321	19	at	at	ADP
cjal-3363	321	20	stake	stake	NOUN
cjal-3363	321	21	.	.	PUNCT
cjal-3363	322	1	66	66	NUM
cjal-3363	322	2	however	however	ADV
cjal-3363	322	3	,	,	PUNCT
cjal-3363	322	4	regulatory	regulatory	ADJ
cjal-3363	322	5	efforts	effort	NOUN
cjal-3363	322	6	may	may	AUX
cjal-3363	322	7	meet	meet	VERB
cjal-3363	322	8	with	with	ADP
cjal-3363	322	9	difficulties	difficulty	NOUN
cjal-3363	322	10	because	because	SCONJ
cjal-3363	322	11	regulators	regulator	NOUN
cjal-3363	322	12	may	may	AUX
cjal-3363	322	13	not	not	PART
cjal-3363	322	14	easily	easily	ADV
cjal-3363	322	15	control	control	VERB
cjal-3363	322	16	private	private	ADJ
cjal-3363	322	17	investors	investor	NOUN
cjal-3363	322	18	,	,	PUNCT
cjal-3363	322	19	who	who	PRON
cjal-3363	322	20	possess	possess	VERB
cjal-3363	322	21	control	control	NOUN
cjal-3363	322	22	rights	right	NOUN
cjal-3363	322	23	of	of	ADP
cjal-3363	322	24	private	private	ADJ
cjal-3363	322	25	enterprises	enterprise	NOUN
cjal-3363	322	26	and	and	CCONJ
cjal-3363	322	27	may	may	AUX
cjal-3363	322	28	instruct	instruct	VERB
cjal-3363	322	29	them	they	PRON
cjal-3363	322	30	to	to	PART
cjal-3363	322	31	evade	evade	VERB
cjal-3363	322	32	regulatory	regulatory	ADJ
cjal-3363	322	33	scrutiny	scrutiny	NOUN
cjal-3363	322	34	.	.	PUNCT
cjal-3363	323	1	one	one	NUM
cjal-3363	323	2	clear	clear	ADJ
cjal-3363	323	3	example	example	NOUN
cjal-3363	323	4	is	be	AUX
cjal-3363	323	5	the	the	DET
cjal-3363	323	6	regulation	regulation	NOUN
cjal-3363	323	7	of	of	ADP
cjal-3363	323	8	accounting	accounting	NOUN
cjal-3363	323	9	.	.	PUNCT
cjal-3363	324	1	accountants	accountant	NOUN
cjal-3363	324	2	are	be	AUX
cjal-3363	324	3	often	often	ADV
cjal-3363	324	4	regarded	regard	VERB
cjal-3363	324	5	as	as	ADP
cjal-3363	324	6	bearing	bear	VERB
cjal-3363	324	7	the	the	DET
cjal-3363	324	8	responsibility	responsibility	NOUN
cjal-3363	324	9	of	of	ADP
cjal-3363	324	10	inspecting	inspect	VERB
cjal-3363	324	11	corporations	corporation	NOUN
cjal-3363	324	12	and	and	CCONJ
cjal-3363	324	13	protecting	protect	VERB
cjal-3363	324	14	investors	investor	NOUN
cjal-3363	324	15	.	.	PUNCT
cjal-3363	325	1	the	the	DET
cjal-3363	325	2	enron	enron	PROPN
cjal-3363	325	3	scandal	scandal	NOUN
cjal-3363	325	4	demonstrated	demonstrate	VERB
cjal-3363	325	5	the	the	DET
cjal-3363	325	6	difficulty	difficulty	NOUN
cjal-3363	325	7	in	in	ADP
cjal-3363	325	8	regulating	regulate	VERB
cjal-3363	325	9	62	62	NUM
cjal-3363	325	10	for	for	ADP
cjal-3363	325	11	example	example	NOUN
cjal-3363	325	12	,	,	PUNCT
cjal-3363	325	13	managers	manager	NOUN
cjal-3363	325	14	responsible	responsible	ADJ
cjal-3363	325	15	for	for	ADP
cjal-3363	325	16	violation	violation	NOUN
cjal-3363	325	17	of	of	ADP
cjal-3363	325	18	law	law	NOUN
cjal-3363	325	19	or	or	CCONJ
cjal-3363	325	20	regulatory	regulatory	ADJ
cjal-3363	325	21	rules	rule	NOUN
cjal-3363	325	22	would	would	AUX
cjal-3363	325	23	be	be	AUX
cjal-3363	325	24	punished	punish	VERB
cjal-3363	325	25	by	by	ADP
cjal-3363	325	26	the	the	DET
cjal-3363	325	27	chinese	chinese	ADJ
cjal-3363	325	28	state	state	NOUN
cjal-3363	325	29	-	-	PUNCT
cjal-3363	325	30	owned	own	VERB
cjal-3363	325	31	assets	asset	NOUN
cjal-3363	325	32	supervisory	supervisory	ADJ
cjal-3363	325	33	and	and	CCONJ
cjal-3363	325	34	administrative	administrative	ADJ
cjal-3363	325	35	commission	commission	NOUN
cjal-3363	325	36	,	,	PUNCT
cjal-3363	325	37	if	if	SCONJ
cjal-3363	325	38	the	the	DET
cjal-3363	325	39	violation	violation	NOUN
cjal-3363	325	40	results	result	VERB
cjal-3363	325	41	in	in	ADP
cjal-3363	325	42	significant	significant	ADJ
cjal-3363	325	43	employee	employee	NOUN
cjal-3363	325	44	casualties	casualty	NOUN
cjal-3363	325	45	and	and	CCONJ
cjal-3363	325	46	environmental	environmental	ADJ
cjal-3363	325	47	pollution	pollution	NOUN
cjal-3363	325	48	.	.	PUNCT
cjal-3363	326	1	zhongyang	zhongyang	PROPN
cjal-3363	326	2	qiye	qiye	PROPN
cjal-3363	326	3	fuzeren	fuzeren	PROPN
cjal-3363	326	4	jingying	jingye	VERB
cjal-3363	326	5	yeji	yeji	NOUN
cjal-3363	326	6	kaohe	kaohe	ADJ
cjal-3363	326	7	banfa(中央企业负责人经营	banfa(中央企业负责人经营	ADJ
cjal-3363	326	8	业绩考核办法)[measures	业绩考核办法)[measure	NOUN
cjal-3363	326	9	for	for	ADP
cjal-3363	326	10	the	the	DET
cjal-3363	326	11	assessment	assessment	NOUN
cjal-3363	326	12	of	of	ADP
cjal-3363	326	13	the	the	DET
cjal-3363	326	14	performance	performance	NOUN
cjal-3363	326	15	of	of	ADP
cjal-3363	326	16	managers	manager	NOUN
cjal-3363	326	17	of	of	ADP
cjal-3363	326	18	the	the	DET
cjal-3363	326	19	central	central	ADJ
cjal-3363	326	20	enterprise](promulgated	enterprise](promulgate	VERB
cjal-3363	326	21	by	by	ADP
cjal-3363	326	22	the	the	DET
cjal-3363	326	23	chinese	chinese	ADJ
cjal-3363	326	24	state	state	NOUN
cjal-3363	326	25	-	-	PUNCT
cjal-3363	326	26	owned	own	VERB
cjal-3363	326	27	assets	asset	NOUN
cjal-3363	326	28	supervisory	supervisory	ADJ
cjal-3363	326	29	and	and	CCONJ
cjal-3363	326	30	administrative	administrative	ADJ
cjal-3363	326	31	commission	commission	PROPN
cjal-3363	326	32	dec	dec	PROPN
cjal-3363	326	33	.	.	PROPN
cjal-3363	326	34	8	8	NUM
cjal-3363	326	35	,	,	PUNCT
cjal-3363	326	36	2016	2016	NUM
cjal-3363	326	37	,	,	PUNCT
cjal-3363	326	38	effective	effective	ADJ
cjal-3363	326	39	dec	dec	PROPN
cjal-3363	326	40	.	.	PROPN
cjal-3363	326	41	8	8	NUM
cjal-3363	326	42	,	,	PUNCT
cjal-3363	326	43	2016	2016	NUM
cjal-3363	326	44	)	)	PUNCT
cjal-3363	326	45	,	,	PUNCT
cjal-3363	326	46	article	article	NOUN
cjal-3363	326	47	45	45	NUM
cjal-3363	326	48	.	.	PUNCT
cjal-3363	327	1	see	see	VERB
cjal-3363	327	2	also	also	ADV
cjal-3363	327	3	david	david	PROPN
cjal-3363	327	4	c.	c.	PROPN
cjal-3363	327	5	donald	donald	PROPN
cjal-3363	327	6	,	,	PUNCT
cjal-3363	327	7	conceiving	conceive	VERB
cjal-3363	327	8	corporate	corporate	ADJ
cjal-3363	327	9	governance	governance	NOUN
cjal-3363	327	10	for	for	ADP
cjal-3363	327	11	an	an	DET
cjal-3363	327	12	asian	asian	ADJ
cjal-3363	327	13	environment	environment	NOUN
cjal-3363	327	14	,	,	PUNCT
cjal-3363	327	15	12	12	NUM
cjal-3363	327	16	u.	u.	PROPN
cjal-3363	327	17	pa	pa	PROPN
cjal-3363	327	18	.	.	PROPN
cjal-3363	327	19	asian	asian	PROPN
cjal-3363	327	20	l.	l.	PROPN
cjal-3363	327	21	rev	rev	PROPN
cjal-3363	327	22	.	.	PROPN
cjal-3363	328	1	120	120	NUM
cjal-3363	328	2	(	(	PUNCT
cjal-3363	328	3	2017)(“the	2017)(“the	DET
cjal-3363	328	4	ccp[chinese	ccp[chinese	DET
cjal-3363	328	5	communist	communist	ADJ
cjal-3363	328	6	party	party	NOUN
cjal-3363	328	7	]	]	PUNCT
cjal-3363	328	8	has	have	VERB
cjal-3363	328	9	its	its	PRON
cjal-3363	328	10	own	own	ADJ
cjal-3363	328	11	ideological	ideological	ADJ
cjal-3363	328	12	position	position	NOUN
cjal-3363	328	13	,	,	PUNCT
cjal-3363	328	14	and	and	CCONJ
cjal-3363	328	15	this	this	PRON
cjal-3363	328	16	does	do	AUX
cjal-3363	328	17	not	not	PART
cjal-3363	328	18	always	always	ADV
cjal-3363	328	19	correspond	correspond	VERB
cjal-3363	328	20	to	to	PART
cjal-3363	328	21	profit	profit	VERB
cjal-3363	328	22	maximization	maximization	NOUN
cjal-3363	328	23	or	or	CCONJ
cjal-3363	328	24	‘	'	PUNCT
cjal-3363	328	25	shareholder	shareholder	NOUN
cjal-3363	328	26	value	value	NOUN
cjal-3363	328	27	.	.	PUNCT
cjal-3363	328	28	’	'	PUNCT
cjal-3363	328	29	”	"	PUNCT
cjal-3363	328	30	)	)	PUNCT
cjal-3363	328	31	.	.	PUNCT
cjal-3363	329	1	63	63	NUM
cjal-3363	329	2	theoretically	theoretically	ADV
cjal-3363	329	3	speaking	speak	VERB
cjal-3363	329	4	,	,	PUNCT
cjal-3363	329	5	soes	soe	NOUN
cjal-3363	329	6	can	can	AUX
cjal-3363	329	7	be	be	AUX
cjal-3363	329	8	made	make	VERB
cjal-3363	329	9	similar	similar	ADJ
cjal-3363	329	10	to	to	ADP
cjal-3363	329	11	non	non	ADJ
cjal-3363	329	12	-	-	ADJ
cjal-3363	329	13	profit	profit	ADJ
cjal-3363	329	14	organizations	organization	NOUN
cjal-3363	329	15	,	,	PUNCT
cjal-3363	329	16	which	which	PRON
cjal-3363	329	17	incur	incur	VERB
cjal-3363	329	18	relatively	relatively	ADV
cjal-3363	329	19	lower	low	ADJ
cjal-3363	329	20	risks	risk	NOUN
cjal-3363	329	21	of	of	ADP
cjal-3363	329	22	fraud	fraud	NOUN
cjal-3363	329	23	and	and	CCONJ
cjal-3363	329	24	infringement	infringement	NOUN
cjal-3363	329	25	on	on	ADP
cjal-3363	329	26	relevant	relevant	ADJ
cjal-3363	329	27	stakeholders	stakeholder	NOUN
cjal-3363	329	28	compared	compare	VERB
cjal-3363	329	29	to	to	ADP
cjal-3363	329	30	private	private	ADJ
cjal-3363	329	31	corporations	corporation	NOUN
cjal-3363	329	32	.	.	PUNCT
cjal-3363	330	1	see	see	VERB
cjal-3363	330	2	generally	generally	ADV
cjal-3363	330	3	henry	henry	PROPN
cjal-3363	330	4	hansmann	hansmann	PROPN
cjal-3363	330	5	,	,	PUNCT
cjal-3363	330	6	economic	economic	ADJ
cjal-3363	330	7	theories	theory	NOUN
cjal-3363	330	8	of	of	ADP
cjal-3363	330	9	nonprofit	nonprofit	ADJ
cjal-3363	330	10	organization	organization	NOUN
cjal-3363	330	11	,	,	PUNCT
cjal-3363	330	12	in	in	ADP
cjal-3363	330	13	the	the	DET
cjal-3363	330	14	nonprofit	nonprofit	ADJ
cjal-3363	330	15	sector	sector	NOUN
cjal-3363	330	16	:	:	PUNCT
cjal-3363	330	17	a	a	DET
cjal-3363	330	18	research	research	NOUN
cjal-3363	330	19	handbook	handbook	NOUN
cjal-3363	330	20	(	(	PUNCT
cjal-3363	330	21	walter	walter	PROPN
cjal-3363	330	22	w.	w.	PROPN
cjal-3363	330	23	powell	powell	PROPN
cjal-3363	330	24	and	and	CCONJ
cjal-3363	330	25	richard	richard	PROPN
cjal-3363	330	26	steinberg	steinberg	PROPN
cjal-3363	330	27	eds	eds	PROPN
cjal-3363	330	28	.	.	PROPN
cjal-3363	330	29	,	,	PUNCT
cjal-3363	330	30	1987	1987	NUM
cjal-3363	330	31	)	)	PUNCT
cjal-3363	330	32	.	.	PUNCT
cjal-3363	331	1	64	64	NUM
cjal-3363	331	2	carl	carl	PROPN
cjal-3363	331	3	shapiro	shapiro	PROPN
cjal-3363	331	4	&	&	CCONJ
cjal-3363	331	5	robert	robert	PROPN
cjal-3363	331	6	d.	d.	PROPN
cjal-3363	331	7	willig	willig	PROPN
cjal-3363	331	8	,	,	PUNCT
cjal-3363	331	9	economic	economic	ADJ
cjal-3363	331	10	rationales	rationale	NOUN
cjal-3363	331	11	for	for	ADP
cjal-3363	331	12	the	the	DET
cjal-3363	331	13	scope	scope	NOUN
cjal-3363	331	14	of	of	ADP
cjal-3363	331	15	privatization	privatization	NOUN
cjal-3363	331	16	,	,	PUNCT
cjal-3363	331	17	princeton	princeton	PROPN
cjal-3363	331	18	university	university	PROPN
cjal-3363	331	19	discussion	discussion	NOUN
cjal-3363	331	20	paper	paper	NOUN
cjal-3363	331	21	7	7	NUM
cjal-3363	331	22	(	(	PUNCT
cjal-3363	331	23	1990	1990	NUM
cjal-3363	331	24	)	)	PUNCT
cjal-3363	331	25	.	.	PUNCT
cjal-3363	332	1	sometimes	sometimes	ADV
cjal-3363	332	2	the	the	DET
cjal-3363	332	3	number	number	NOUN
cjal-3363	332	4	of	of	ADP
cjal-3363	332	5	soes	soe	NOUN
cjal-3363	332	6	is	be	AUX
cjal-3363	332	7	too	too	ADV
cjal-3363	332	8	large	large	ADJ
cjal-3363	332	9	,	,	PUNCT
cjal-3363	332	10	making	make	VERB
cjal-3363	332	11	them	they	PRON
cjal-3363	332	12	difficult	difficult	ADJ
cjal-3363	332	13	to	to	PART
cjal-3363	332	14	oversee	oversee	VERB
cjal-3363	332	15	,	,	PUNCT
cjal-3363	332	16	in	in	ADP
cjal-3363	332	17	which	which	PRON
cjal-3363	332	18	case	case	NOUN
cjal-3363	332	19	media	media	NOUN
cjal-3363	332	20	scrutiny	scrutiny	NOUN
cjal-3363	332	21	may	may	AUX
cjal-3363	332	22	be	be	AUX
cjal-3363	332	23	helpful	helpful	ADJ
cjal-3363	332	24	.	.	PUNCT
cjal-3363	333	1	see	see	VERB
cjal-3363	333	2	li	li	PROPN
cjal-3363	333	3	peigong(李培功	peigong(李培功	PROPN
cjal-3363	333	4	)	)	PUNCT
cjal-3363	334	1	and	and	CCONJ
cjal-3363	334	2	shen	shen	PROPN
cjal-3363	334	3	yifeng	yifeng	PROPN
cjal-3363	334	4	(	(	PUNCT
cjal-3363	334	5	沈艺峰	沈艺峰	PROPN
cjal-3363	334	6	)	)	PUNCT
cjal-3363	334	7	,	,	PUNCT
cjal-3363	334	8	meiti	meiti	PROPN
cjal-3363	334	9	de	de	PROPN
cjal-3363	334	10	ggongsi	ggongsi	PROPN
cjal-3363	334	11	zhili	zhili	PROPN
cjal-3363	334	12	zuoyong	zuoyong	PROPN
cjal-3363	334	13	:	:	PUNCT
cjal-3363	334	14	zhongguo	zhongguo	PROPN
cjal-3363	334	15	de	de	PROPN
cjal-3363	334	16	jingyan	jingyan	PROPN
cjal-3363	334	17	zhengju(媒体的公司治理作用	zhengju(媒体的公司治理作用	PROPN
cjal-3363	334	18	:	:	PUNCT
cjal-3363	334	19	中国的经验证据)[the	中国的经验证据)[the	DET
cjal-3363	334	20	corporate	corporate	ADJ
cjal-3363	334	21	governance	governance	NOUN
cjal-3363	334	22	function	function	NOUN
cjal-3363	334	23	of	of	ADP
cjal-3363	334	24	the	the	DET
cjal-3363	334	25	media	medium	NOUN
cjal-3363	334	26	:	:	PUNCT
cjal-3363	334	27	empirical	empirical	ADJ
cjal-3363	334	28	evidence	evidence	NOUN
cjal-3363	334	29	from	from	ADP
cjal-3363	334	30	china	china	PROPN
cjal-3363	334	31	]	]	PUNCT
cjal-3363	334	32	,	,	PUNCT
cjal-3363	334	33	4	4	NUM
cjal-3363	334	34	jingji	jingji	PROPN
cjal-3363	334	35	yanjiu(经济研究)[econ	yanjiu(经济研究)[econ	X
cjal-3363	334	36	.	.	PUNCT
cjal-3363	335	1	studies	study	NOUN
cjal-3363	335	2	]	]	PUNCT
cjal-3363	335	3	14	14	NUM
cjal-3363	335	4	(	(	PUNCT
cjal-3363	335	5	2010	2010	NUM
cjal-3363	335	6	)	)	PUNCT
cjal-3363	335	7	.	.	PUNCT
cjal-3363	336	1	mariana	mariana	PROPN
cjal-3363	336	2	pargendler	pargendler	PROPN
cjal-3363	336	3	,	,	PUNCT
cjal-3363	336	4	aldo	aldo	PROPN
cjal-3363	336	5	musacchio	musacchio	PROPN
cjal-3363	336	6	&	&	CCONJ
cjal-3363	336	7	sergio	sergio	PROPN
cjal-3363	336	8	g.	g.	PROPN
cjal-3363	336	9	lazzarinittt	lazzarinittt	PROPN
cjal-3363	336	10	,	,	PUNCT
cjal-3363	336	11	"	"	PUNCT
cjal-3363	336	12	in	in	ADP
cjal-3363	336	13	strange	strange	ADJ
cjal-3363	336	14	company	company	NOUN
cjal-3363	336	15	:	:	PUNCT
cjal-3363	336	16	the	the	DET
cjal-3363	336	17	puzzle	puzzle	NOUN
cjal-3363	336	18	of	of	ADP
cjal-3363	336	19	private	private	ADJ
cjal-3363	336	20	investment	investment	NOUN
cjal-3363	336	21	in	in	ADP
cjal-3363	336	22	state	state	NOUN
cjal-3363	336	23	-	-	PUNCT
cjal-3363	336	24	controlled	control	VERB
cjal-3363	336	25	firms	firm	NOUN
cjal-3363	336	26	,	,	PUNCT
cjal-3363	336	27	46	46	NUM
cjal-3363	336	28	cornell	cornell	PROPN
cjal-3363	336	29	int'l	int'l	PROPN
cjal-3363	336	30	l.j	l.j	PROPN
cjal-3363	336	31	.	.	PROPN
cjal-3363	336	32	569	569	NUM
cjal-3363	336	33	,	,	PUNCT
cjal-3363	336	34	589	589	NUM
cjal-3363	336	35	(	(	PUNCT
cjal-3363	336	36	2013	2013	NUM
cjal-3363	336	37	)	)	PUNCT
cjal-3363	336	38	.	.	PUNCT
cjal-3363	337	1	65	65	NUM
cjal-3363	337	2	david	david	PROPN
cjal-3363	337	3	m.	m.	PROPN
cjal-3363	337	4	trubek	trubek	PROPN
cjal-3363	337	5	,	,	PUNCT
cjal-3363	337	6	toward	toward	ADP
cjal-3363	337	7	a	a	DET
cjal-3363	337	8	social	social	ADJ
cjal-3363	337	9	theory	theory	NOUN
cjal-3363	337	10	of	of	ADP
cjal-3363	337	11	law	law	NOUN
cjal-3363	337	12	:	:	PUNCT
cjal-3363	337	13	an	an	DET
cjal-3363	337	14	essay	essay	NOUN
cjal-3363	337	15	on	on	ADP
cjal-3363	337	16	the	the	DET
cjal-3363	337	17	study	study	NOUN
cjal-3363	337	18	of	of	ADP
cjal-3363	337	19	law	law	NOUN
cjal-3363	337	20	and	and	CCONJ
cjal-3363	337	21	development	development	NOUN
cjal-3363	337	22	,	,	PUNCT
cjal-3363	337	23	82	82	NUM
cjal-3363	337	24	yale	yale	PROPN
cjal-3363	337	25	l.	l.	PROPN
cjal-3363	337	26	j.	j.	PROPN
cjal-3363	337	27	1	1	PROPN
cjal-3363	337	28	,	,	PUNCT
cjal-3363	337	29	30	30	NUM
cjal-3363	337	30	(	(	PUNCT
cjal-3363	337	31	1972	1972	NUM
cjal-3363	337	32	)	)	PUNCT
cjal-3363	337	33	.	.	PUNCT
cjal-3363	338	1	(	(	PUNCT
cjal-3363	338	2	“	"	PUNCT
cjal-3363	338	3	regulatory	regulatory	ADJ
cjal-3363	338	4	law	law	NOUN
cjal-3363	338	5	is	be	AUX
cjal-3363	338	6	a	a	DET
cjal-3363	338	7	hybrid	hybrid	NOUN
cjal-3363	338	8	of	of	ADP
cjal-3363	338	9	the	the	DET
cjal-3363	338	10	universal	universal	ADJ
cjal-3363	338	11	rules	rule	NOUN
cjal-3363	338	12	of	of	ADP
cjal-3363	338	13	pure	pure	ADJ
cjal-3363	338	14	market	market	NOUN
cjal-3363	338	15	and	and	CCONJ
cjal-3363	338	16	the	the	DET
cjal-3363	338	17	specific	specific	ADJ
cjal-3363	338	18	directives	directive	NOUN
cjal-3363	338	19	of	of	ADP
cjal-3363	338	20	pure	pure	ADJ
cjal-3363	338	21	command	command	NOUN
cjal-3363	338	22	:	:	PUNCT
cjal-3363	338	23	it	it	PRON
cjal-3363	338	24	is	be	AUX
cjal-3363	338	25	more	more	ADV
cjal-3363	338	26	specific	specific	ADJ
cjal-3363	338	27	than	than	ADP
cjal-3363	338	28	the	the	DET
cjal-3363	338	29	general	general	ADJ
cjal-3363	338	30	rules	rule	NOUN
cjal-3363	338	31	that	that	PRON
cjal-3363	338	32	establish	establish	VERB
cjal-3363	338	33	contract	contract	NOUN
cjal-3363	338	34	,	,	PUNCT
cjal-3363	338	35	tort	tort	NOUN
cjal-3363	338	36	and	and	CCONJ
cjal-3363	338	37	property	property	NOUN
cjal-3363	338	38	rights	right	NOUN
cjal-3363	338	39	;	;	PUNCT
cjal-3363	338	40	yet	yet	CCONJ
cjal-3363	338	41	more	more	ADV
cjal-3363	338	42	general	general	ADJ
cjal-3363	338	43	than	than	ADP
cjal-3363	338	44	the	the	DET
cjal-3363	338	45	specific	specific	ADJ
cjal-3363	338	46	directives	directive	NOUN
cjal-3363	338	47	of	of	ADP
cjal-3363	338	48	the	the	DET
cjal-3363	338	49	command	command	NOUN
cjal-3363	338	50	economy	economy	NOUN
cjal-3363	338	51	”	"	PUNCT
cjal-3363	338	52	)	)	PUNCT
cjal-3363	338	53	.	.	PUNCT
cjal-3363	339	1	66	66	NUM
cjal-3363	339	2	with	with	ADP
cjal-3363	339	3	this	this	DET
cjal-3363	339	4	power	power	NOUN
cjal-3363	339	5	,	,	PUNCT
cjal-3363	339	6	states	state	NOUN
cjal-3363	339	7	can	can	AUX
cjal-3363	339	8	impose	impose	VERB
cjal-3363	339	9	certain	certain	ADJ
cjal-3363	339	10	restrictions	restriction	NOUN
cjal-3363	339	11	on	on	ADP
cjal-3363	339	12	private	private	ADJ
cjal-3363	339	13	property	property	NOUN
cjal-3363	339	14	or	or	CCONJ
cjal-3363	339	15	activities	activity	NOUN
cjal-3363	339	16	without	without	ADP
cjal-3363	339	17	paying	pay	VERB
cjal-3363	339	18	any	any	DET
cjal-3363	339	19	compensation	compensation	NOUN
cjal-3363	339	20	when	when	SCONJ
cjal-3363	339	21	the	the	DET
cjal-3363	339	22	private	private	ADJ
cjal-3363	339	23	property	property	NOUN
cjal-3363	339	24	is	be	AUX
cjal-3363	339	25	“	"	PUNCT
cjal-3363	339	26	affected	affect	VERB
cjal-3363	339	27	with	with	ADP
cjal-3363	339	28	a	a	DET
cjal-3363	339	29	public	public	ADJ
cjal-3363	339	30	interest	interest	NOUN
cjal-3363	339	31	.	.	PUNCT
cjal-3363	339	32	”	"	PUNCT
cjal-3363	340	1	munn	munn	PROPN
cjal-3363	340	2	v.	v.	ADP
cjal-3363	340	3	people	people	NOUN
cjal-3363	340	4	of	of	ADP
cjal-3363	340	5	state	state	NOUN
cjal-3363	340	6	of	of	ADP
cjal-3363	340	7	illinois	illinois	PROPN
cjal-3363	340	8	,	,	PUNCT
cjal-3363	340	9	94	94	NUM
cjal-3363	340	10	u.s	u.s	PROPN
cjal-3363	340	11	.	.	PROPN
cjal-3363	340	12	113	113	NUM
cjal-3363	340	13	,	,	PUNCT
cjal-3363	340	14	126	126	NUM
cjal-3363	340	15	(	(	PUNCT
cjal-3363	340	16	1876	1876	NUM
cjal-3363	340	17	)	)	PUNCT
cjal-3363	340	18	.	.	PUNCT
cjal-3363	341	1	2017	2017	NUM
cjal-3363	341	2	]	]	PUNCT
cjal-3363	341	3	state	state	NOUN
cjal-3363	341	4	ownership	ownership	NOUN
cjal-3363	341	5	and	and	CCONJ
cjal-3363	341	6	regulatory	regulatory	ADJ
cjal-3363	341	7	costs	cost	NOUN
cjal-3363	341	8	15	15	NUM
cjal-3363	341	9	accountants	accountant	NOUN
cjal-3363	341	10	who	who	PRON
cjal-3363	341	11	have	have	VERB
cjal-3363	341	12	strong	strong	ADJ
cjal-3363	341	13	financial	financial	ADJ
cjal-3363	341	14	incentives	incentive	NOUN
cjal-3363	341	15	to	to	PART
cjal-3363	341	16	obey	obey	VERB
cjal-3363	341	17	the	the	DET
cjal-3363	341	18	orders	order	NOUN
cjal-3363	341	19	of	of	ADP
cjal-3363	341	20	the	the	DET
cjal-3363	341	21	audited	audit	VERB
cjal-3363	341	22	corporations.67	corporations.67	NOUN
cjal-3363	341	23	while	while	SCONJ
cjal-3363	341	24	accountants	accountant	NOUN
cjal-3363	341	25	are	be	AUX
cjal-3363	341	26	independent	independent	ADJ
cjal-3363	341	27	contractors	contractor	NOUN
cjal-3363	341	28	instead	instead	ADV
cjal-3363	341	29	of	of	ADP
cjal-3363	341	30	corporate	corporate	ADJ
cjal-3363	341	31	insiders	insider	NOUN
cjal-3363	341	32	,	,	PUNCT
cjal-3363	341	33	it	it	PRON
cjal-3363	341	34	is	be	AUX
cjal-3363	341	35	safe	safe	ADJ
cjal-3363	341	36	to	to	PART
cjal-3363	341	37	assume	assume	VERB
cjal-3363	341	38	that	that	SCONJ
cjal-3363	341	39	regulating	regulate	VERB
cjal-3363	341	40	managers	manager	NOUN
cjal-3363	341	41	in	in	ADP
cjal-3363	341	42	profit	profit	NOUN
cjal-3363	341	43	-	-	PUNCT
cjal-3363	341	44	seeking	seek	VERB
cjal-3363	341	45	private	private	ADJ
cjal-3363	341	46	firms	firm	NOUN
cjal-3363	341	47	would	would	AUX
cjal-3363	341	48	be	be	AUX
cjal-3363	341	49	even	even	ADV
cjal-3363	341	50	more	more	ADV
cjal-3363	341	51	difficult	difficult	ADJ
cjal-3363	341	52	.	.	PUNCT
cjal-3363	342	1	finally	finally	ADV
cjal-3363	342	2	,	,	PUNCT
cjal-3363	342	3	the	the	DET
cjal-3363	342	4	problem	problem	NOUN
cjal-3363	342	5	of	of	ADP
cjal-3363	342	6	“	"	PUNCT
cjal-3363	342	7	regulatory	regulatory	ADJ
cjal-3363	342	8	capture	capture	NOUN
cjal-3363	342	9	”	"	PUNCT
cjal-3363	342	10	is	be	AUX
cjal-3363	342	11	worth	worth	ADJ
cjal-3363	342	12	discussing	discuss	VERB
cjal-3363	342	13	here	here	ADV
cjal-3363	342	14	.	.	PUNCT
cjal-3363	343	1	“	"	PUNCT
cjal-3363	343	2	regulatory	regulatory	ADJ
cjal-3363	343	3	capture	capture	NOUN
cjal-3363	343	4	”	"	PUNCT
cjal-3363	343	5	refers	refer	VERB
cjal-3363	343	6	to	to	ADP
cjal-3363	343	7	the	the	DET
cjal-3363	343	8	circumstances	circumstance	NOUN
cjal-3363	343	9	in	in	ADP
cjal-3363	343	10	which	which	PRON
cjal-3363	343	11	regulated	regulate	VERB
cjal-3363	343	12	enterprises	enterprise	NOUN
cjal-3363	343	13	successfully	successfully	ADV
cjal-3363	343	14	turn	turn	VERB
cjal-3363	343	15	the	the	DET
cjal-3363	343	16	regulator	regulator	NOUN
cjal-3363	343	17	into	into	ADP
cjal-3363	343	18	their	their	PRON
cjal-3363	343	19	“	"	PUNCT
cjal-3363	343	20	servant	servant	NOUN
cjal-3363	343	21	,	,	PUNCT
cjal-3363	343	22	”	"	PUNCT
cjal-3363	343	23	and	and	CCONJ
cjal-3363	343	24	affect	affect	VERB
cjal-3363	343	25	regulatory	regulatory	ADJ
cjal-3363	343	26	policies	policy	NOUN
cjal-3363	343	27	to	to	PART
cjal-3363	343	28	further	further	VERB
cjal-3363	343	29	their	their	PRON
cjal-3363	343	30	interests,68	interests,68	NOUN
cjal-3363	343	31	which	which	PRON
cjal-3363	343	32	may	may	AUX
cjal-3363	343	33	create	create	VERB
cjal-3363	343	34	a	a	DET
cjal-3363	343	35	loss	loss	NOUN
cjal-3363	343	36	in	in	ADP
cjal-3363	343	37	efficiency	efficiency	NOUN
cjal-3363	343	38	.	.	PUNCT
cjal-3363	344	1	however	however	ADV
cjal-3363	344	2	,	,	PUNCT
cjal-3363	344	3	it	it	PRON
cjal-3363	344	4	remains	remain	VERB
cjal-3363	344	5	unclear	unclear	ADJ
cjal-3363	344	6	whether	whether	SCONJ
cjal-3363	344	7	state	state	NOUN
cjal-3363	344	8	ownership	ownership	NOUN
cjal-3363	344	9	will	will	AUX
cjal-3363	344	10	result	result	VERB
cjal-3363	344	11	in	in	ADP
cjal-3363	344	12	more	more	ADJ
cjal-3363	344	13	regulatory	regulatory	ADJ
cjal-3363	344	14	capture	capture	NOUN
cjal-3363	344	15	,	,	PUNCT
cjal-3363	344	16	since	since	SCONJ
cjal-3363	344	17	both	both	CCONJ
cjal-3363	344	18	soes	soe	NOUN
cjal-3363	344	19	and	and	CCONJ
cjal-3363	344	20	private	private	ADJ
cjal-3363	344	21	enterprises	enterprise	NOUN
cjal-3363	344	22	may	may	AUX
cjal-3363	344	23	capture	capture	VERB
cjal-3363	344	24	regulators.69	regulators.69	NOUN
cjal-3363	344	25	to	to	PART
cjal-3363	344	26	be	be	AUX
cjal-3363	344	27	sure	sure	ADJ
cjal-3363	344	28	,	,	PUNCT
cjal-3363	344	29	regulatory	regulatory	ADJ
cjal-3363	344	30	capture	capture	NOUN
cjal-3363	344	31	is	be	AUX
cjal-3363	344	32	one	one	NUM
cjal-3363	344	33	possible	possible	ADJ
cjal-3363	344	34	explanation	explanation	NOUN
cjal-3363	344	35	for	for	ADP
cjal-3363	344	36	soes	soe	NOUN
cjal-3363	344	37	,	,	PUNCT
cjal-3363	344	38	which	which	PRON
cjal-3363	344	39	i	i	PRON
cjal-3363	344	40	will	will	AUX
cjal-3363	344	41	address	address	VERB
cjal-3363	344	42	later.70	later.70	ADJ
cjal-3363	344	43	3	3	NUM
cjal-3363	344	44	.	.	PUNCT
cjal-3363	344	45	major	major	ADJ
cjal-3363	344	46	factors	factor	NOUN
cjal-3363	344	47	that	that	PRON
cjal-3363	344	48	affect	affect	VERB
cjal-3363	344	49	the	the	DET
cjal-3363	344	50	magnitude	magnitude	NOUN
cjal-3363	344	51	of	of	ADP
cjal-3363	344	52	regulatory	regulatory	ADJ
cjal-3363	344	53	costs	cost	NOUN
cjal-3363	344	54	the	the	DET
cjal-3363	344	55	magnitude	magnitude	NOUN
cjal-3363	344	56	of	of	ADP
cjal-3363	344	57	regualtory	regualtory	NOUN
cjal-3363	344	58	costs	cost	NOUN
cjal-3363	344	59	depends	depend	VERB
cjal-3363	344	60	on	on	ADP
cjal-3363	344	61	a	a	DET
cjal-3363	344	62	series	series	NOUN
cjal-3363	344	63	of	of	ADP
cjal-3363	344	64	factors	factor	NOUN
cjal-3363	344	65	.	.	PUNCT
cjal-3363	345	1	one	one	NUM
cjal-3363	345	2	major	major	ADJ
cjal-3363	345	3	factor	factor	NOUN
cjal-3363	345	4	is	be	AUX
cjal-3363	345	5	the	the	DET
cjal-3363	345	6	scope	scope	NOUN
cjal-3363	345	7	of	of	ADP
cjal-3363	345	8	the	the	DET
cjal-3363	345	9	regulation	regulation	NOUN
cjal-3363	345	10	.	.	PUNCT
cjal-3363	346	1	the	the	DET
cjal-3363	346	2	more	more	ADJ
cjal-3363	346	3	aspects	aspect	NOUN
cjal-3363	346	4	of	of	ADP
cjal-3363	346	5	the	the	DET
cjal-3363	346	6	business	business	NOUN
cjal-3363	346	7	decisions	decision	NOUN
cjal-3363	346	8	of	of	ADP
cjal-3363	346	9	the	the	DET
cjal-3363	346	10	enterprise	enterprise	NOUN
cjal-3363	346	11	the	the	DET
cjal-3363	346	12	state	state	NOUN
cjal-3363	346	13	needs	need	VERB
cjal-3363	346	14	to	to	PART
cjal-3363	346	15	regulate	regulate	VERB
cjal-3363	346	16	and	and	CCONJ
cjal-3363	346	17	the	the	DET
cjal-3363	346	18	more	more	ADV
cjal-3363	346	19	difficult	difficult	ADJ
cjal-3363	346	20	it	it	PRON
cjal-3363	346	21	is	be	AUX
cjal-3363	346	22	to	to	PART
cjal-3363	346	23	define	define	VERB
cjal-3363	346	24	the	the	DET
cjal-3363	346	25	state	state	NOUN
cjal-3363	346	26	’s	’s	PART
cjal-3363	346	27	control	control	NOUN
cjal-3363	346	28	,	,	PUNCT
cjal-3363	346	29	the	the	DET
cjal-3363	346	30	higher	high	ADJ
cjal-3363	346	31	regulatory	regulatory	ADJ
cjal-3363	346	32	costs	cost	NOUN
cjal-3363	346	33	become	become	VERB
cjal-3363	346	34	.	.	PUNCT
cjal-3363	347	1	states	state	NOUN
cjal-3363	347	2	impose	impose	VERB
cjal-3363	347	3	regulations	regulation	NOUN
cjal-3363	347	4	on	on	ADP
cjal-3363	347	5	virtually	virtually	ADV
cjal-3363	347	6	all	all	DET
cjal-3363	347	7	enterprises	enterprise	NOUN
cjal-3363	347	8	,	,	PUNCT
cjal-3363	347	9	for	for	ADP
cjal-3363	347	10	example	example	NOUN
cjal-3363	347	11	,	,	PUNCT
cjal-3363	347	12	on	on	ADP
cjal-3363	347	13	their	their	PRON
cjal-3363	347	14	business	business	NOUN
cjal-3363	347	15	scope	scope	NOUN
cjal-3363	347	16	,	,	PUNCT
cjal-3363	347	17	book	book	NOUN
cjal-3363	347	18	-	-	PUNCT
cjal-3363	347	19	keeping	keeping	NOUN
cjal-3363	347	20	,	,	PUNCT
cjal-3363	347	21	land	land	NOUN
cjal-3363	347	22	use	use	NOUN
cjal-3363	347	23	,	,	PUNCT
cjal-3363	347	24	or	or	CCONJ
cjal-3363	347	25	emission	emission	NOUN
cjal-3363	347	26	of	of	ADP
cjal-3363	347	27	environmental	environmental	ADJ
cjal-3363	347	28	harmful	harmful	ADJ
cjal-3363	347	29	substances	substance	NOUN
cjal-3363	347	30	.	.	PUNCT
cjal-3363	348	1	in	in	ADP
cjal-3363	348	2	some	some	DET
cjal-3363	348	3	industries	industry	NOUN
cjal-3363	348	4	,	,	PUNCT
cjal-3363	348	5	the	the	DET
cjal-3363	348	6	state	state	NOUN
cjal-3363	348	7	needs	need	VERB
cjal-3363	348	8	to	to	PART
cjal-3363	348	9	engage	engage	VERB
cjal-3363	348	10	in	in	ADP
cjal-3363	348	11	business	business	NOUN
cjal-3363	348	12	decisions	decision	NOUN
cjal-3363	348	13	that	that	PRON
cjal-3363	348	14	directly	directly	ADV
cjal-3363	348	15	affect	affect	VERB
cjal-3363	348	16	the	the	DET
cjal-3363	348	17	enterprises	enterprise	NOUN
cjal-3363	348	18	’	'	PUNCT
cjal-3363	348	19	interests	interest	NOUN
cjal-3363	348	20	,	,	PUNCT
cjal-3363	348	21	such	such	ADJ
cjal-3363	348	22	as	as	ADP
cjal-3363	348	23	price	price	NOUN
cjal-3363	348	24	regulation	regulation	NOUN
cjal-3363	348	25	and	and	CCONJ
cjal-3363	348	26	quality	quality	NOUN
cjal-3363	348	27	control	control	NOUN
cjal-3363	348	28	.	.	PUNCT
cjal-3363	349	1	regulatory	regulatory	ADJ
cjal-3363	349	2	costs	cost	NOUN
cjal-3363	349	3	thus	thus	ADV
cjal-3363	349	4	become	become	VERB
cjal-3363	349	5	higher	high	ADJ
cjal-3363	349	6	in	in	ADP
cjal-3363	349	7	these	these	DET
cjal-3363	349	8	industries	industry	NOUN
cjal-3363	349	9	.	.	PUNCT
cjal-3363	350	1	changes	change	NOUN
cjal-3363	350	2	in	in	ADP
cjal-3363	350	3	the	the	DET
cjal-3363	350	4	market	market	NOUN
cjal-3363	350	5	and	and	CCONJ
cjal-3363	350	6	the	the	DET
cjal-3363	350	7	macroeconomic	macroeconomic	ADJ
cjal-3363	350	8	environment	environment	NOUN
cjal-3363	350	9	may	may	AUX
cjal-3363	350	10	also	also	ADV
cjal-3363	350	11	affect	affect	VERB
cjal-3363	350	12	regulatory	regulatory	ADJ
cjal-3363	350	13	costs	cost	NOUN
cjal-3363	350	14	.	.	PUNCT
cjal-3363	351	1	regulatory	regulatory	ADJ
cjal-3363	351	2	costs	cost	NOUN
cjal-3363	351	3	are	be	AUX
cjal-3363	351	4	higher	high	ADJ
cjal-3363	351	5	when	when	SCONJ
cjal-3363	351	6	regulation	regulation	NOUN
cjal-3363	351	7	needs	need	VERB
cjal-3363	351	8	to	to	PART
cjal-3363	351	9	cope	cope	VERB
cjal-3363	351	10	with	with	ADP
cjal-3363	351	11	issues	issue	NOUN
cjal-3363	351	12	that	that	PRON
cjal-3363	351	13	change	change	VERB
cjal-3363	351	14	rapidly	rapidly	ADV
cjal-3363	351	15	over	over	ADP
cjal-3363	351	16	time	time	NOUN
cjal-3363	351	17	,	,	PUNCT
cjal-3363	351	18	because	because	SCONJ
cjal-3363	351	19	states	state	NOUN
cjal-3363	351	20	and	and	CCONJ
cjal-3363	351	21	enterprises	enterprise	NOUN
cjal-3363	351	22	need	need	VERB
cjal-3363	351	23	to	to	PART
cjal-3363	351	24	renegotiate	renegotiate	VERB
cjal-3363	351	25	their	their	PRON
cjal-3363	351	26	regulatory	regulatory	ADJ
cjal-3363	351	27	contracts	contract	NOUN
cjal-3363	351	28	frequently.71	frequently.71	NOUN
cjal-3363	351	29	in	in	ADP
cjal-3363	351	30	a	a	DET
cjal-3363	351	31	developing	develop	VERB
cjal-3363	351	32	country	country	NOUN
cjal-3363	351	33	,	,	PUNCT
cjal-3363	351	34	or	or	CCONJ
cjal-3363	351	35	a	a	DET
cjal-3363	351	36	newly	newly	ADV
cjal-3363	351	37	developed	develop	VERB
cjal-3363	351	38	industry	industry	NOUN
cjal-3363	351	39	,	,	PUNCT
cjal-3363	351	40	newly	newly	ADV
cjal-3363	351	41	enacted	enact	VERB
cjal-3363	351	42	laws	law	NOUN
cjal-3363	351	43	may	may	AUX
cjal-3363	351	44	be	be	AUX
cjal-3363	351	45	ineffective	ineffective	ADJ
cjal-3363	351	46	in	in	ADP
cjal-3363	351	47	dealing	deal	VERB
cjal-3363	351	48	with	with	ADP
cjal-3363	351	49	new	new	ADJ
cjal-3363	351	50	circumstances	circumstance	NOUN
cjal-3363	351	51	.	.	PUNCT
cjal-3363	352	1	there	there	PRON
cjal-3363	352	2	are	be	VERB
cjal-3363	352	3	also	also	ADV
cjal-3363	352	4	more	more	ADJ
cjal-3363	352	5	loopholes	loophole	NOUN
cjal-3363	352	6	in	in	ADP
cjal-3363	352	7	the	the	DET
cjal-3363	352	8	regulations	regulation	NOUN
cjal-3363	352	9	67	67	NUM
cjal-3363	352	10	see	see	VERB
cjal-3363	352	11	generally	generally	ADV
cjal-3363	352	12	william	william	PROPN
cjal-3363	352	13	w.	w.	PROPN
cjal-3363	352	14	bratton	bratton	PROPN
cjal-3363	352	15	,	,	PUNCT
cjal-3363	352	16	enron	enron	PROPN
cjal-3363	352	17	and	and	CCONJ
cjal-3363	352	18	the	the	DET
cjal-3363	352	19	dark	dark	ADJ
cjal-3363	352	20	side	side	NOUN
cjal-3363	352	21	of	of	ADP
cjal-3363	352	22	shareholder	shareholder	NOUN
cjal-3363	352	23	value	value	NOUN
cjal-3363	352	24	,	,	PUNCT
cjal-3363	352	25	76	76	NUM
cjal-3363	352	26	tul	tul	NOUN
cjal-3363	352	27	.	.	PUNCT
cjal-3363	352	28	l.	l.	PROPN
cjal-3363	352	29	rev	rev	PROPN
cjal-3363	352	30	.	.	PROPN
cjal-3363	352	31	1275	1275	NUM
cjal-3363	352	32	(	(	PUNCT
cjal-3363	352	33	2002	2002	NUM
cjal-3363	352	34	)	)	PUNCT
cjal-3363	352	35	(	(	PUNCT
cjal-3363	352	36	explaining	explain	VERB
cjal-3363	352	37	why	why	SCONJ
cjal-3363	352	38	we	we	PRON
cjal-3363	352	39	should	should	AUX
cjal-3363	352	40	feel	feel	VERB
cjal-3363	352	41	skeptical	skeptical	ADJ
cjal-3363	352	42	towards	towards	ADP
cjal-3363	352	43	maximizing	maximize	VERB
cjal-3363	352	44	shareholder	shareholder	NOUN
cjal-3363	352	45	value	value	NOUN
cjal-3363	352	46	)	)	PUNCT
cjal-3363	352	47	.	.	PUNCT
cjal-3363	353	1	68	68	NUM
cjal-3363	353	2	see	see	VERB
cjal-3363	353	3	richard	richard	PROPN
cjal-3363	353	4	a.	a.	PROPN
cjal-3363	353	5	posner	posner	PROPN
cjal-3363	353	6	,	,	PUNCT
cjal-3363	353	7	the	the	DET
cjal-3363	353	8	concept	concept	NOUN
cjal-3363	353	9	of	of	ADP
cjal-3363	353	10	regulatory	regulatory	ADJ
cjal-3363	353	11	capture	capture	NOUN
cjal-3363	353	12	:	:	PUNCT
cjal-3363	353	13	a	a	DET
cjal-3363	353	14	short	short	ADJ
cjal-3363	353	15	,	,	PUNCT
cjal-3363	353	16	inglorious	inglorious	ADJ
cjal-3363	353	17	history	history	NOUN
cjal-3363	353	18	,	,	PUNCT
cjal-3363	353	19	in	in	ADP
cjal-3363	353	20	preventing	prevent	VERB
cjal-3363	353	21	regulatory	regulatory	ADJ
cjal-3363	353	22	capture	capture	NOUN
cjal-3363	353	23	:	:	PUNCT
cjal-3363	353	24	special	special	ADJ
cjal-3363	353	25	interest	interest	NOUN
cjal-3363	353	26	influence	influence	NOUN
cjal-3363	353	27	and	and	CCONJ
cjal-3363	353	28	how	how	SCONJ
cjal-3363	353	29	to	to	PART
cjal-3363	353	30	limit	limit	VERB
cjal-3363	353	31	it	it	PRON
cjal-3363	353	32	49	49	NUM
cjal-3363	353	33	(	(	PUNCT
cjal-3363	353	34	daniel	daniel	PROPN
cjal-3363	353	35	carpenter	carpenter	PROPN
cjal-3363	353	36	&	&	CCONJ
cjal-3363	353	37	david	david	PROPN
cjal-3363	353	38	a.	a.	PROPN
cjal-3363	353	39	moss	moss	PROPN
cjal-3363	353	40	eds	eds	PROPN
cjal-3363	353	41	.	.	PROPN
cjal-3363	353	42	,	,	PUNCT
cjal-3363	353	43	2013	2013	NUM
cjal-3363	353	44	)	)	PUNCT
cjal-3363	353	45	.	.	PUNCT
cjal-3363	354	1	george	george	PROPN
cjal-3363	354	2	j.	j.	PROPN
cjal-3363	354	3	stigler	stigler	PROPN
cjal-3363	354	4	,	,	PUNCT
cjal-3363	354	5	the	the	DET
cjal-3363	354	6	theory	theory	NOUN
cjal-3363	354	7	of	of	ADP
cjal-3363	354	8	economic	economic	ADJ
cjal-3363	354	9	regulation	regulation	NOUN
cjal-3363	354	10	,	,	PUNCT
cjal-3363	354	11	2	2	NUM
cjal-3363	354	12	bell	bell	PROPN
cjal-3363	354	13	j.	j.	PROPN
cjal-3363	354	14	econ	econ	PROPN
cjal-3363	354	15	.	.	PROPN
cjal-3363	354	16	3	3	NUM
cjal-3363	354	17	(	(	PUNCT
cjal-3363	354	18	1971	1971	NUM
cjal-3363	354	19	)	)	PUNCT
cjal-3363	354	20	.	.	PUNCT
cjal-3363	355	1	69	69	NUM
cjal-3363	355	2	see	see	VERB
cjal-3363	355	3	generally	generally	ADV
cjal-3363	355	4	milhaupt	milhaupt	ADJ
cjal-3363	355	5	&	&	CCONJ
cjal-3363	355	6	zheng	zheng	PROPN
cjal-3363	355	7	,	,	PUNCT
cjal-3363	355	8	supra	supra	PROPN
cjal-3363	355	9	note	note	NOUN
cjal-3363	355	10	7	7	NUM
cjal-3363	355	11	.	.	SYM
cjal-3363	355	12	70	70	NUM
cjal-3363	355	13	see	see	VERB
cjal-3363	355	14	generally	generally	ADV
cjal-3363	356	1	i	i	PRON
cjal-3363	356	2	d.	d.	PROPN
cjal-3363	357	1	i	i	PRON
cjal-3363	357	2	will	will	AUX
cjal-3363	357	3	discuss	discuss	VERB
cjal-3363	357	4	the	the	DET
cjal-3363	357	5	alternative	alternative	ADJ
cjal-3363	357	6	explanations	explanation	NOUN
cjal-3363	357	7	in	in	ADP
cjal-3363	357	8	section	section	PROPN
cjal-3363	357	9	ii	ii	PROPN
cjal-3363	357	10	.	.	PUNCT
cjal-3363	358	1	d.	d.	PROPN
cjal-3363	358	2	in	in	ADP
cjal-3363	358	3	the	the	DET
cjal-3363	358	4	case	case	NOUN
cjal-3363	358	5	study	study	NOUN
cjal-3363	358	6	of	of	ADP
cjal-3363	358	7	water	water	NOUN
cjal-3363	358	8	utilities	utility	NOUN
cjal-3363	358	9	below	below	ADV
cjal-3363	359	1	,	,	PUNCT
cjal-3363	359	2	i	i	PRON
cjal-3363	359	3	will	will	AUX
cjal-3363	359	4	also	also	ADV
cjal-3363	359	5	use	use	VERB
cjal-3363	359	6	empirical	empirical	ADJ
cjal-3363	359	7	analysis	analysis	NOUN
cjal-3363	359	8	to	to	PART
cjal-3363	359	9	examine	examine	VERB
cjal-3363	359	10	whether	whether	SCONJ
cjal-3363	359	11	regulatory	regulatory	ADJ
cjal-3363	359	12	capture	capture	NOUN
cjal-3363	359	13	exists	exist	VERB
cjal-3363	359	14	.	.	PUNCT
cjal-3363	360	1	see	see	VERB
cjal-3363	360	2	infra	infra	NOUN
cjal-3363	360	3	section	section	PROPN
cjal-3363	360	4	ii	ii	PROPN
cjal-3363	360	5	.	.	PUNCT
cjal-3363	361	1	b.	b.	PROPN
cjal-3363	361	2	71	71	NUM
cjal-3363	361	3	this	this	PRON
cjal-3363	361	4	is	be	AUX
cjal-3363	361	5	similar	similar	ADJ
cjal-3363	361	6	to	to	ADP
cjal-3363	361	7	the	the	DET
cjal-3363	361	8	incomplete	incomplete	ADJ
cjal-3363	361	9	contract	contract	NOUN
cjal-3363	361	10	argument	argument	NOUN
cjal-3363	361	11	.	.	PUNCT
cjal-3363	362	1	see	see	VERB
cjal-3363	362	2	williamson	williamson	PROPN
cjal-3363	362	3	,	,	PUNCT
cjal-3363	362	4	supra	supra	PROPN
cjal-3363	362	5	note	note	NOUN
cjal-3363	362	6	60	60	NUM
cjal-3363	362	7	,	,	PUNCT
cjal-3363	362	8	at	at	ADP
cjal-3363	362	9	115–17	115–17	NUM
cjal-3363	362	10	.	.	PUNCT
cjal-3363	363	1	columbia	columbia	PROPN
cjal-3363	363	2	journal	journal	PROPN
cjal-3363	363	3	of	of	ADP
cjal-3363	363	4	asian	asian	ADJ
cjal-3363	363	5	law	law	NOUN
cjal-3363	364	1	[	[	X
cjal-3363	364	2	vol	vol	NOUN
cjal-3363	364	3	.	.	PUNCT
cjal-3363	365	1	31:1	31:1	NUM
cjal-3363	365	2	16	16	NUM
cjal-3363	365	3	under	under	ADP
cjal-3363	365	4	these	these	DET
cjal-3363	365	5	circumstances	circumstance	NOUN
cjal-3363	365	6	.	.	PUNCT
cjal-3363	366	1	the	the	DET
cjal-3363	366	2	problem	problem	NOUN
cjal-3363	366	3	of	of	ADP
cjal-3363	366	4	bounded	bounded	ADJ
cjal-3363	366	5	rationality	rationality	NOUN
cjal-3363	366	6	thus	thus	ADV
cjal-3363	366	7	becomes	become	VERB
cjal-3363	366	8	more	more	ADV
cjal-3363	366	9	severe	severe	ADJ
cjal-3363	366	10	,	,	PUNCT
cjal-3363	366	11	leading	lead	VERB
cjal-3363	366	12	to	to	ADP
cjal-3363	366	13	higher	high	ADJ
cjal-3363	366	14	regulatory	regulatory	ADJ
cjal-3363	366	15	costs	cost	NOUN
cjal-3363	366	16	.	.	PUNCT
cjal-3363	367	1	it	it	PRON
cjal-3363	367	2	also	also	ADV
cjal-3363	367	3	discourages	discourage	VERB
cjal-3363	367	4	the	the	DET
cjal-3363	367	5	governments	government	NOUN
cjal-3363	367	6	from	from	ADP
cjal-3363	367	7	making	make	VERB
cjal-3363	367	8	credible	credible	ADJ
cjal-3363	367	9	commitments	commitment	NOUN
cjal-3363	367	10	,	,	PUNCT
cjal-3363	367	11	because	because	SCONJ
cjal-3363	367	12	they	they	PRON
cjal-3363	367	13	may	may	AUX
cjal-3363	367	14	be	be	AUX
cjal-3363	367	15	more	more	ADV
cjal-3363	367	16	concerned	concerned	ADJ
cjal-3363	367	17	about	about	ADP
cjal-3363	367	18	foreclosing	foreclose	VERB
cjal-3363	367	19	their	their	PRON
cjal-3363	367	20	options	option	NOUN
cjal-3363	367	21	and	and	CCONJ
cjal-3363	367	22	hence	hence	ADV
cjal-3363	367	23	losing	lose	VERB
cjal-3363	367	24	control	control	NOUN
cjal-3363	367	25	of	of	ADP
cjal-3363	367	26	the	the	DET
cjal-3363	367	27	situation	situation	NOUN
cjal-3363	367	28	.	.	PUNCT
cjal-3363	368	1	in	in	ADP
cjal-3363	368	2	some	some	DET
cjal-3363	368	3	industries	industry	NOUN
cjal-3363	368	4	,	,	PUNCT
cjal-3363	368	5	fixed	fix	VERB
cjal-3363	368	6	investments	investment	NOUN
cjal-3363	368	7	are	be	AUX
cjal-3363	368	8	needed	need	VERB
cjal-3363	368	9	upfront	upfront	ADJ
cjal-3363	368	10	whereas	whereas	SCONJ
cjal-3363	368	11	profits	profit	NOUN
cjal-3363	368	12	come	come	VERB
cjal-3363	368	13	in	in	ADP
cjal-3363	368	14	the	the	DET
cjal-3363	368	15	long	long	ADJ
cjal-3363	368	16	run.72	run.72	NOUN
cjal-3363	368	17	investors	investor	NOUN
cjal-3363	368	18	face	face	VERB
cjal-3363	368	19	the	the	DET
cjal-3363	368	20	asset	asset	NOUN
cjal-3363	368	21	-	-	PUNCT
cjal-3363	368	22	specification	specification	NOUN
cjal-3363	368	23	problem	problem	NOUN
cjal-3363	368	24	:	:	PUNCT
cjal-3363	368	25	their	their	PRON
cjal-3363	368	26	investments	investment	NOUN
cjal-3363	368	27	become	become	VERB
cjal-3363	368	28	specific	specific	ADJ
cjal-3363	368	29	and	and	CCONJ
cjal-3363	368	30	can	can	AUX
cjal-3363	368	31	not	not	PART
cjal-3363	368	32	be	be	AUX
cjal-3363	368	33	used	use	VERB
cjal-3363	368	34	for	for	ADP
cjal-3363	368	35	other	other	ADJ
cjal-3363	368	36	purposes	purpose	NOUN
cjal-3363	368	37	,	,	PUNCT
cjal-3363	368	38	which	which	PRON
cjal-3363	368	39	renders	render	VERB
cjal-3363	368	40	them	they	PRON
cjal-3363	368	41	more	more	ADV
cjal-3363	368	42	susceptible	susceptible	ADJ
cjal-3363	368	43	to	to	ADP
cjal-3363	368	44	government	government	NOUN
cjal-3363	368	45	predation	predation	NOUN
cjal-3363	368	46	.	.	PUNCT
cjal-3363	369	1	private	private	ADJ
cjal-3363	369	2	investors	investor	NOUN
cjal-3363	369	3	may	may	AUX
cjal-3363	369	4	not	not	PART
cjal-3363	369	5	enter	enter	VERB
cjal-3363	369	6	the	the	DET
cjal-3363	369	7	market	market	NOUN
cjal-3363	369	8	when	when	SCONJ
cjal-3363	369	9	they	they	PRON
cjal-3363	369	10	find	find	VERB
cjal-3363	369	11	it	it	PRON
cjal-3363	369	12	too	too	ADV
cjal-3363	369	13	difficult	difficult	ADJ
cjal-3363	369	14	to	to	PART
cjal-3363	369	15	calculate	calculate	VERB
cjal-3363	369	16	the	the	DET
cjal-3363	369	17	risks	risk	NOUN
cjal-3363	369	18	ex	ex	X
cjal-3363	369	19	ante	ante	NOUN
cjal-3363	369	20	,	,	PUNCT
cjal-3363	369	21	which	which	PRON
cjal-3363	369	22	leads	lead	VERB
cjal-3363	369	23	to	to	ADP
cjal-3363	369	24	underinvestment	underinvestment	ADJ
cjal-3363	369	25	and	and	CCONJ
cjal-3363	369	26	hence	hence	ADV
cjal-3363	369	27	a	a	DET
cjal-3363	369	28	decrease	decrease	NOUN
cjal-3363	369	29	in	in	ADP
cjal-3363	369	30	efficiency	efficiency	NOUN
cjal-3363	369	31	.	.	PUNCT
cjal-3363	370	1	the	the	DET
cjal-3363	370	2	foregoing	forego	VERB
cjal-3363	370	3	discussion	discussion	NOUN
cjal-3363	370	4	on	on	ADP
cjal-3363	370	5	regulatory	regulatory	ADJ
cjal-3363	370	6	costs	cost	NOUN
cjal-3363	370	7	presumes	presume	VERB
cjal-3363	370	8	that	that	SCONJ
cjal-3363	370	9	the	the	DET
cjal-3363	370	10	state	state	NOUN
cjal-3363	370	11	needs	need	VERB
cjal-3363	370	12	to	to	PART
cjal-3363	370	13	intervene	intervene	VERB
cjal-3363	370	14	to	to	PART
cjal-3363	370	15	address	address	VERB
cjal-3363	370	16	market	market	NOUN
cjal-3363	370	17	failures	failure	NOUN
cjal-3363	370	18	.	.	PUNCT
cjal-3363	371	1	if	if	SCONJ
cjal-3363	371	2	the	the	DET
cjal-3363	371	3	market	market	NOUN
cjal-3363	371	4	can	can	AUX
cjal-3363	371	5	resolve	resolve	VERB
cjal-3363	371	6	its	its	PRON
cjal-3363	371	7	own	own	ADJ
cjal-3363	371	8	failures	failure	NOUN
cjal-3363	371	9	without	without	ADP
cjal-3363	371	10	any	any	DET
cjal-3363	371	11	state	state	NOUN
cjal-3363	371	12	control	control	NOUN
cjal-3363	371	13	,	,	PUNCT
cjal-3363	371	14	fewer	few	ADJ
cjal-3363	371	15	regulations	regulation	NOUN
cjal-3363	371	16	are	be	AUX
cjal-3363	371	17	necessary	necessary	ADJ
cjal-3363	371	18	and	and	CCONJ
cjal-3363	371	19	regulatory	regulatory	ADJ
cjal-3363	371	20	costs	cost	NOUN
cjal-3363	371	21	become	become	VERB
cjal-3363	371	22	lower.73	lower.73	NOUN
cjal-3363	371	23	in	in	ADP
cjal-3363	371	24	some	some	DET
cjal-3363	371	25	countries	country	NOUN
cjal-3363	371	26	,	,	PUNCT
cjal-3363	371	27	non	non	ADJ
cjal-3363	371	28	-	-	ADJ
cjal-3363	371	29	profit	profit	ADJ
cjal-3363	371	30	organizations	organization	NOUN
cjal-3363	371	31	play	play	VERB
cjal-3363	371	32	a	a	DET
cjal-3363	371	33	central	central	ADJ
cjal-3363	371	34	role	role	NOUN
cjal-3363	371	35	in	in	ADP
cjal-3363	371	36	addressing	address	VERB
cjal-3363	371	37	market	market	NOUN
cjal-3363	371	38	failures.74	failures.74	NOUN
cjal-3363	371	39	non	non	ADJ
cjal-3363	371	40	-	-	ADJ
cjal-3363	371	41	profit	profit	ADJ
cjal-3363	371	42	organizations	organization	NOUN
cjal-3363	371	43	do	do	AUX
cjal-3363	371	44	not	not	PART
cjal-3363	371	45	distribute	distribute	VERB
cjal-3363	371	46	their	their	PRON
cjal-3363	371	47	profits	profit	NOUN
cjal-3363	371	48	to	to	ADP
cjal-3363	371	49	their	their	PRON
cjal-3363	371	50	members	member	NOUN
cjal-3363	371	51	,	,	PUNCT
cjal-3363	371	52	shareholders	shareholder	NOUN
cjal-3363	371	53	or	or	CCONJ
cjal-3363	371	54	other	other	ADJ
cjal-3363	371	55	persons	person	NOUN
cjal-3363	371	56	in	in	ADP
cjal-3363	371	57	control.75	control.75	PROPN
cjal-3363	371	58	however	however	ADV
cjal-3363	371	59	,	,	PUNCT
cjal-3363	371	60	they	they	PRON
cjal-3363	371	61	also	also	ADV
cjal-3363	371	62	involve	involve	VERB
cjal-3363	371	63	many	many	ADJ
cjal-3363	371	64	practical	practical	ADJ
cjal-3363	371	65	difficulties	difficulty	NOUN
cjal-3363	371	66	.	.	PUNCT
cjal-3363	372	1	for	for	ADP
cjal-3363	372	2	example	example	NOUN
cjal-3363	372	3	,	,	PUNCT
cjal-3363	372	4	they	they	PRON
cjal-3363	372	5	usually	usually	ADV
cjal-3363	372	6	have	have	VERB
cjal-3363	372	7	difficulty	difficulty	NOUN
cjal-3363	372	8	accessing	access	VERB
cjal-3363	372	9	capital	capital	NOUN
cjal-3363	372	10	and	and	CCONJ
cjal-3363	372	11	adapting	adapt	VERB
cjal-3363	372	12	to	to	ADP
cjal-3363	372	13	the	the	DET
cjal-3363	372	14	changing	change	VERB
cjal-3363	372	15	need	need	NOUN
cjal-3363	372	16	for	for	ADP
cjal-3363	372	17	investment	investment	NOUN
cjal-3363	372	18	and	and	CCONJ
cjal-3363	372	19	expansion.76	expansion.76	PROPN
cjal-3363	372	20	another	another	DET
cjal-3363	372	21	way	way	NOUN
cjal-3363	372	22	to	to	PART
cjal-3363	372	23	resolve	resolve	VERB
cjal-3363	372	24	market	market	NOUN
cjal-3363	372	25	failures	failure	NOUN
cjal-3363	372	26	is	be	AUX
cjal-3363	372	27	through	through	ADP
cjal-3363	372	28	reputation	reputation	NOUN
cjal-3363	372	29	.	.	PUNCT
cjal-3363	373	1	even	even	ADV
cjal-3363	373	2	without	without	ADP
cjal-3363	373	3	regulation	regulation	NOUN
cjal-3363	373	4	,	,	PUNCT
cjal-3363	373	5	enterprises	enterprise	NOUN
cjal-3363	373	6	in	in	ADP
cjal-3363	373	7	the	the	DET
cjal-3363	373	8	market	market	NOUN
cjal-3363	373	9	may	may	AUX
cjal-3363	373	10	consider	consider	VERB
cjal-3363	373	11	their	their	PRON
cjal-3363	373	12	reputation	reputation	NOUN
cjal-3363	373	13	among	among	ADP
cjal-3363	373	14	the	the	DET
cjal-3363	373	15	public	public	NOUN
cjal-3363	373	16	and	and	CCONJ
cjal-3363	373	17	would	would	AUX
cjal-3363	373	18	not	not	PART
cjal-3363	373	19	act	act	VERB
cjal-3363	373	20	opportunistically	opportunistically	ADV
cjal-3363	373	21	because	because	SCONJ
cjal-3363	373	22	the	the	DET
cjal-3363	373	23	long	long	ADJ
cjal-3363	373	24	-	-	PUNCT
cjal-3363	373	25	term	term	NOUN
cjal-3363	373	26	benefits	benefit	NOUN
cjal-3363	373	27	of	of	ADP
cjal-3363	373	28	maintaining	maintain	VERB
cjal-3363	373	29	good	good	ADJ
cjal-3363	373	30	reputation	reputation	NOUN
cjal-3363	373	31	may	may	AUX
cjal-3363	373	32	be	be	AUX
cjal-3363	373	33	higher	high	ADJ
cjal-3363	373	34	than	than	ADP
cjal-3363	373	35	the	the	DET
cjal-3363	373	36	short	short	ADJ
cjal-3363	373	37	-	-	PUNCT
cjal-3363	373	38	term	term	NOUN
cjal-3363	373	39	gains	gain	NOUN
cjal-3363	373	40	of	of	ADP
cjal-3363	373	41	opportunistic	opportunistic	ADJ
cjal-3363	373	42	actions	action	NOUN
cjal-3363	373	43	.	.	PUNCT
cjal-3363	374	1	the	the	DET
cjal-3363	374	2	reputation	reputation	NOUN
cjal-3363	374	3	mechanism	mechanism	NOUN
cjal-3363	374	4	makes	make	VERB
cjal-3363	374	5	regulation	regulation	NOUN
cjal-3363	374	6	unnecessary	unnecessary	ADJ
cjal-3363	374	7	and	and	CCONJ
cjal-3363	374	8	thus	thus	ADV
cjal-3363	374	9	reduces	reduce	VERB
cjal-3363	374	10	regulatory	regulatory	ADJ
cjal-3363	374	11	costs	cost	NOUN
cjal-3363	374	12	.	.	PUNCT
cjal-3363	375	1	however	however	ADV
cjal-3363	375	2	,	,	PUNCT
cjal-3363	375	3	in	in	ADP
cjal-3363	375	4	many	many	ADJ
cjal-3363	375	5	developing	develop	VERB
cjal-3363	375	6	countries	country	NOUN
cjal-3363	375	7	,	,	PUNCT
cjal-3363	375	8	significant	significant	ADJ
cjal-3363	375	9	72	72	NUM
cjal-3363	375	10	susan	susan	NOUN
cjal-3363	375	11	rose	rose	PROPN
cjal-3363	375	12	-	-	PUNCT
cjal-3363	375	13	ackerman	ackerman	PROPN
cjal-3363	375	14	&	&	CCONJ
cjal-3363	375	15	jim	jim	PROPN
cjal-3363	375	16	rossi	rossi	PROPN
cjal-3363	375	17	,	,	PUNCT
cjal-3363	375	18	disentangling	disentangle	VERB
cjal-3363	375	19	deregulatory	deregulatory	ADJ
cjal-3363	375	20	takings	taking	NOUN
cjal-3363	375	21	,	,	PUNCT
cjal-3363	375	22	86	86	NUM
cjal-3363	375	23	va	va	NOUN
cjal-3363	375	24	.	.	PUNCT
cjal-3363	375	25	l.	l.	PROPN
cjal-3363	375	26	rev	rev	PROPN
cjal-3363	375	27	.	.	PROPN
cjal-3363	375	28	1435	1435	NUM
cjal-3363	375	29	,	,	PUNCT
cjal-3363	375	30	1438	1438	NUM
cjal-3363	375	31	(	(	PUNCT
cjal-3363	375	32	2000	2000	NUM
cjal-3363	375	33	)	)	PUNCT
cjal-3363	375	34	(	(	PUNCT
cjal-3363	375	35	“	"	PUNCT
cjal-3363	375	36	any	any	DET
cjal-3363	375	37	commercial	commercial	ADJ
cjal-3363	375	38	enterprise	enterprise	NOUN
cjal-3363	375	39	is	be	AUX
cjal-3363	375	40	subject	subject	ADJ
cjal-3363	375	41	to	to	ADP
cjal-3363	375	42	changes	change	NOUN
cjal-3363	375	43	in	in	ADP
cjal-3363	375	44	the	the	DET
cjal-3363	375	45	state	state	NOUN
cjal-3363	375	46	's	's	PART
cjal-3363	375	47	tax	tax	NOUN
cjal-3363	375	48	and	and	CCONJ
cjal-3363	375	49	regulatory	regulatory	ADJ
cjal-3363	375	50	laws	law	NOUN
cjal-3363	375	51	,	,	PUNCT
cjal-3363	375	52	but	but	CCONJ
cjal-3363	375	53	these	these	DET
cjal-3363	375	54	risks	risk	NOUN
cjal-3363	375	55	loom	loom	VERB
cjal-3363	375	56	especially	especially	ADV
cjal-3363	375	57	large	large	ADJ
cjal-3363	375	58	for	for	ADP
cjal-3363	375	59	infrastructure	infrastructure	NOUN
cjal-3363	375	60	industries	industry	NOUN
cjal-3363	375	61	.	.	PUNCT
cjal-3363	376	1	infrastructure	infrastructure	NOUN
cjal-3363	376	2	projects	project	NOUN
cjal-3363	376	3	involve	involve	VERB
cjal-3363	376	4	considerable	considerable	ADJ
cjal-3363	376	5	risk	risk	NOUN
cjal-3363	376	6	for	for	ADP
cjal-3363	376	7	private	private	ADJ
cjal-3363	376	8	investors	investor	NOUN
cjal-3363	376	9	because	because	SCONJ
cjal-3363	376	10	of	of	ADP
cjal-3363	376	11	the	the	DET
cjal-3363	376	12	high	high	ADJ
cjal-3363	376	13	levels	level	NOUN
cjal-3363	376	14	of	of	ADP
cjal-3363	376	15	fixed	fix	VERB
cjal-3363	376	16	capital	capital	NOUN
cjal-3363	376	17	and	and	CCONJ
cjal-3363	376	18	the	the	DET
cjal-3363	376	19	long	long	ADJ
cjal-3363	376	20	payback	payback	NOUN
cjal-3363	376	21	periods	period	NOUN
cjal-3363	376	22	.	.	PUNCT
cjal-3363	376	23	”	"	PUNCT
cjal-3363	376	24	)	)	PUNCT
cjal-3363	376	25	.	.	PUNCT
cjal-3363	377	1	73	73	NUM
cjal-3363	378	1	some	some	DET
cjal-3363	378	2	countries	country	NOUN
cjal-3363	378	3	may	may	AUX
cjal-3363	378	4	tend	tend	VERB
cjal-3363	378	5	to	to	PART
cjal-3363	378	6	solve	solve	VERB
cjal-3363	378	7	market	market	NOUN
cjal-3363	378	8	failures	failure	NOUN
cjal-3363	378	9	without	without	ADP
cjal-3363	378	10	resorting	resort	VERB
cjal-3363	378	11	to	to	ADP
cjal-3363	378	12	the	the	DET
cjal-3363	378	13	bureaucratic	bureaucratic	ADJ
cjal-3363	378	14	system	system	NOUN
cjal-3363	378	15	.	.	PUNCT
cjal-3363	379	1	this	this	PRON
cjal-3363	379	2	is	be	AUX
cjal-3363	379	3	a	a	DET
cjal-3363	379	4	special	special	ADJ
cjal-3363	379	5	feature	feature	NOUN
cjal-3363	379	6	of	of	ADP
cjal-3363	379	7	the	the	DET
cjal-3363	379	8	united	united	PROPN
cjal-3363	379	9	states	states	PROPN
cjal-3363	379	10	.	.	PUNCT
cjal-3363	380	1	see	see	VERB
cjal-3363	380	2	robert	robert	PROPN
cjal-3363	380	3	a.	a.	PROPN
cjal-3363	380	4	kagan	kagan	PROPN
cjal-3363	380	5	,	,	PUNCT
cjal-3363	380	6	american	american	ADJ
cjal-3363	380	7	and	and	CCONJ
cjal-3363	380	8	european	european	ADJ
cjal-3363	380	9	ways	way	NOUN
cjal-3363	380	10	of	of	ADP
cjal-3363	380	11	law	law	NOUN
cjal-3363	380	12	:	:	PUNCT
cjal-3363	380	13	six	six	NUM
cjal-3363	380	14	entrenched	entrenched	ADJ
cjal-3363	380	15	differences	difference	NOUN
cjal-3363	380	16	6–7	6–7	NUM
cjal-3363	380	17	(	(	PUNCT
cjal-3363	380	18	jsp	jsp	PROPN
cjal-3363	380	19	/	/	SYM
cjal-3363	380	20	center	center	NOUN
cjal-3363	380	21	for	for	ADP
cjal-3363	380	22	the	the	DET
cjal-3363	380	23	law	law	NOUN
cjal-3363	380	24	and	and	CCONJ
cjal-3363	380	25	society	society	NOUN
cjal-3363	380	26	faculty	faculty	NOUN
cjal-3363	380	27	working	working	NOUN
cjal-3363	380	28	paper	paper	NOUN
cjal-3363	380	29	,	,	PUNCT
cjal-3363	380	30	2006	2006	NUM
cjal-3363	380	31	)	)	PUNCT
cjal-3363	380	32	,	,	PUNCT
cjal-3363	380	33	available	available	ADJ
cjal-3363	380	34	at	at	ADP
cjal-3363	380	35	http://escholarship.org/uc/item/3kt912b3	http://escholarship.org/uc/item/3kt912b3	NOUN
cjal-3363	380	36	(	(	PUNCT
cjal-3363	380	37	arguing	argue	VERB
cjal-3363	380	38	that	that	SCONJ
cjal-3363	380	39	america	america	PROPN
cjal-3363	380	40	has	have	VERB
cjal-3363	380	41	the	the	DET
cjal-3363	380	42	legal	legal	ADJ
cjal-3363	380	43	propensity	propensity	NOUN
cjal-3363	380	44	of	of	ADP
cjal-3363	380	45	“	"	PUNCT
cjal-3363	380	46	adversarial	adversarial	ADJ
cjal-3363	380	47	legalism	legalism	NOUN
cjal-3363	380	48	,	,	PUNCT
cjal-3363	380	49	”	"	PUNCT
cjal-3363	380	50	as	as	SCONJ
cjal-3363	380	51	opposed	oppose	VERB
cjal-3363	380	52	to	to	ADP
cjal-3363	380	53	“	"	PUNCT
cjal-3363	380	54	bureaucratic	bureaucratic	ADJ
cjal-3363	380	55	legalism	legalism	NOUN
cjal-3363	380	56	,	,	PUNCT
cjal-3363	380	57	”	"	PUNCT
cjal-3363	380	58	mainly	mainly	ADV
cjal-3363	380	59	because	because	SCONJ
cjal-3363	380	60	american	american	ADJ
cjal-3363	380	61	people	people	NOUN
cjal-3363	380	62	tend	tend	VERB
cjal-3363	380	63	to	to	PART
cjal-3363	380	64	distrust	distrust	VERB
cjal-3363	380	65	centralized	centralized	ADJ
cjal-3363	380	66	government	government	NOUN
cjal-3363	380	67	)	)	PUNCT
cjal-3363	380	68	.	.	PUNCT
cjal-3363	381	1	see	see	AUX
cjal-3363	381	2	also	also	ADV
cjal-3363	381	3	mirjan	mirjan	VERB
cjal-3363	381	4	r.	r.	PROPN
cjal-3363	381	5	damaska	damaska	PROPN
cjal-3363	381	6	,	,	PUNCT
cjal-3363	381	7	the	the	DET
cjal-3363	381	8	faces	face	NOUN
cjal-3363	381	9	of	of	ADP
cjal-3363	381	10	justice	justice	NOUN
cjal-3363	381	11	and	and	CCONJ
cjal-3363	381	12	state	state	NOUN
cjal-3363	381	13	authority	authority	NOUN
cjal-3363	381	14	:	:	PUNCT
cjal-3363	381	15	a	a	DET
cjal-3363	381	16	comparative	comparative	ADJ
cjal-3363	381	17	approach	approach	NOUN
cjal-3363	381	18	to	to	ADP
cjal-3363	381	19	the	the	DET
cjal-3363	381	20	legal	legal	ADJ
cjal-3363	381	21	process	process	NOUN
cjal-3363	381	22	17	17	NUM
cjal-3363	381	23	(	(	PUNCT
cjal-3363	381	24	1991	1991	NUM
cjal-3363	381	25	)	)	PUNCT
cjal-3363	381	26	(	(	PUNCT
cjal-3363	381	27	distinguishing	distinguish	VERB
cjal-3363	381	28	hierarchical	hierarchical	ADJ
cjal-3363	381	29	and	and	CCONJ
cjal-3363	381	30	coordinate	coordinate	ADJ
cjal-3363	381	31	ideals	ideal	NOUN
cjal-3363	381	32	of	of	ADP
cjal-3363	381	33	authority	authority	NOUN
cjal-3363	381	34	)	)	PUNCT
cjal-3363	381	35	.	.	PUNCT
cjal-3363	382	1	74	74	NUM
cjal-3363	382	2	see	see	NOUN
cjal-3363	382	3	damaska	damaska	NOUN
cjal-3363	382	4	,	,	PUNCT
cjal-3363	382	5	supra	supra	PROPN
cjal-3363	382	6	note	note	NOUN
cjal-3363	382	7	73	73	NUM
cjal-3363	382	8	at	at	ADP
cjal-3363	382	9	72	72	NUM
cjal-3363	382	10	.	.	PUNCT
cjal-3363	383	1	75	75	NUM
cjal-3363	383	2	henry	henry	PROPN
cjal-3363	383	3	b.	b.	PROPN
cjal-3363	383	4	hansmann	hansmann	PROPN
cjal-3363	383	5	,	,	PUNCT
cjal-3363	383	6	the	the	DET
cjal-3363	383	7	role	role	NOUN
cjal-3363	383	8	of	of	ADP
cjal-3363	383	9	nonprofit	nonprofit	ADJ
cjal-3363	383	10	enterprise	enterprise	NOUN
cjal-3363	383	11	,	,	PUNCT
cjal-3363	383	12	89	89	NUM
cjal-3363	383	13	yale	yale	PROPN
cjal-3363	383	14	l.	l.	PROPN
cjal-3363	383	15	j.	j.	PROPN
cjal-3363	383	16	835	835	PROPN
cjal-3363	383	17	,	,	PUNCT
cjal-3363	383	18	838	838	NUM
cjal-3363	383	19	(	(	PUNCT
cjal-3363	383	20	1980	1980	NUM
cjal-3363	383	21	)	)	PUNCT
cjal-3363	383	22	.	.	PUNCT
cjal-3363	384	1	76	76	NUM
cjal-3363	385	1	i	i	PROPN
cjal-3363	385	2	d	d	PROPN
cjal-3363	385	3	,	,	PUNCT
cjal-3363	385	4	at	at	ADP
cjal-3363	385	5	877	877	NUM
cjal-3363	385	6	.	.	PUNCT
cjal-3363	386	1	http://escholarship.org/uc/item/3kt912b3	http://escholarship.org/uc/item/3kt912b3	NOUN
cjal-3363	386	2	2017	2017	NUM
cjal-3363	386	3	]	]	PUNCT
cjal-3363	386	4	state	state	NOUN
cjal-3363	386	5	ownership	ownership	NOUN
cjal-3363	386	6	and	and	CCONJ
cjal-3363	386	7	regulatory	regulatory	ADJ
cjal-3363	386	8	costs	cost	NOUN
cjal-3363	386	9	17	17	NUM
cjal-3363	386	10	information	information	NOUN
cjal-3363	386	11	asymmetry	asymmetry	NOUN
cjal-3363	386	12	still	still	ADV
cjal-3363	386	13	exists	exist	VERB
cjal-3363	386	14	and	and	CCONJ
cjal-3363	386	15	reputations	reputation	NOUN
cjal-3363	386	16	take	take	VERB
cjal-3363	386	17	a	a	DET
cjal-3363	386	18	long	long	ADJ
cjal-3363	386	19	time	time	NOUN
cjal-3363	386	20	to	to	PART
cjal-3363	386	21	build	build	VERB
cjal-3363	386	22	.	.	PUNCT
cjal-3363	387	1	civil	civil	ADJ
cjal-3363	387	2	society	society	NOUN
cjal-3363	387	3	sometimes	sometimes	ADV
cjal-3363	387	4	also	also	ADV
cjal-3363	387	5	incentivizes	incentivize	VERB
cjal-3363	387	6	enterprises	enterprise	NOUN
cjal-3363	387	7	to	to	PART
cjal-3363	387	8	pursue	pursue	VERB
cjal-3363	387	9	social	social	ADJ
cjal-3363	387	10	goals	goal	NOUN
cjal-3363	387	11	besides	besides	SCONJ
cjal-3363	387	12	profitseeking	profitseeke	VERB
cjal-3363	387	13	objectives	objective	NOUN
cjal-3363	387	14	,	,	PUNCT
cjal-3363	387	15	through	through	ADP
cjal-3363	387	16	economic	economic	ADJ
cjal-3363	387	17	or	or	CCONJ
cjal-3363	387	18	legal	legal	ADJ
cjal-3363	387	19	means	mean	NOUN
cjal-3363	387	20	.	.	PUNCT
cjal-3363	388	1	communities	community	NOUN
cjal-3363	388	2	,	,	PUNCT
cjal-3363	388	3	environmental	environmental	ADJ
cjal-3363	388	4	groups	group	NOUN
cjal-3363	388	5	or	or	CCONJ
cjal-3363	388	6	other	other	ADJ
cjal-3363	388	7	social	social	ADJ
cjal-3363	388	8	interest	interest	NOUN
cjal-3363	388	9	groups	group	NOUN
cjal-3363	388	10	may	may	AUX
cjal-3363	388	11	initiate	initiate	VERB
cjal-3363	388	12	boycotts	boycott	NOUN
cjal-3363	388	13	against	against	ADP
cjal-3363	388	14	enterprises	enterprise	NOUN
cjal-3363	388	15	that	that	PRON
cjal-3363	388	16	have	have	AUX
cjal-3363	388	17	caused	cause	VERB
cjal-3363	388	18	harm	harm	NOUN
cjal-3363	388	19	to	to	ADP
cjal-3363	388	20	the	the	DET
cjal-3363	388	21	public.77	public.77	NOUN
cjal-3363	388	22	the	the	DET
cjal-3363	388	23	objections	objection	NOUN
cjal-3363	388	24	raised	raise	VERB
cjal-3363	388	25	by	by	ADP
cjal-3363	388	26	these	these	DET
cjal-3363	388	27	interest	interest	NOUN
cjal-3363	388	28	groups	group	NOUN
cjal-3363	388	29	may	may	AUX
cjal-3363	388	30	also	also	ADV
cjal-3363	388	31	prompt	prompt	VERB
cjal-3363	388	32	regulators	regulator	NOUN
cjal-3363	388	33	to	to	PART
cjal-3363	388	34	take	take	VERB
cjal-3363	388	35	a	a	DET
cjal-3363	388	36	harsher	harsh	ADJ
cjal-3363	388	37	stance	stance	NOUN
cjal-3363	388	38	against	against	ADP
cjal-3363	388	39	these	these	DET
cjal-3363	388	40	corporations.78	corporations.78	NOUN
cjal-3363	388	41	however	however	ADV
cjal-3363	388	42	,	,	PUNCT
cjal-3363	388	43	these	these	DET
cjal-3363	388	44	measures	measure	NOUN
cjal-3363	388	45	are	be	AUX
cjal-3363	388	46	only	only	ADV
cjal-3363	388	47	effective	effective	ADJ
cjal-3363	388	48	when	when	SCONJ
cjal-3363	388	49	social	social	ADJ
cjal-3363	388	50	groups	group	NOUN
cjal-3363	388	51	are	be	AUX
cjal-3363	388	52	sufficiently	sufficiently	ADV
cjal-3363	388	53	organized	organize	VERB
cjal-3363	388	54	.	.	PUNCT
cjal-3363	389	1	79	79	NUM
cjal-3363	389	2	additionally	additionally	ADV
cjal-3363	389	3	,	,	PUNCT
cjal-3363	389	4	the	the	DET
cjal-3363	389	5	corporation	corporation	NOUN
cjal-3363	389	6	must	must	AUX
cjal-3363	389	7	be	be	AUX
cjal-3363	389	8	a	a	DET
cjal-3363	389	9	long	long	ADJ
cjal-3363	389	10	-	-	PUNCT
cjal-3363	389	11	term	term	NOUN
cjal-3363	389	12	repeated	repeat	VERB
cjal-3363	389	13	player	player	NOUN
cjal-3363	389	14	for	for	ADP
cjal-3363	389	15	this	this	DET
cjal-3363	389	16	mechanism	mechanism	NOUN
cjal-3363	389	17	to	to	PART
cjal-3363	389	18	be	be	AUX
cjal-3363	389	19	effective	effective	ADJ
cjal-3363	389	20	.	.	PUNCT
cjal-3363	390	1	when	when	SCONJ
cjal-3363	390	2	these	these	DET
cjal-3363	390	3	conditions	condition	NOUN
cjal-3363	390	4	are	be	AUX
cjal-3363	390	5	not	not	PART
cjal-3363	390	6	met	meet	VERB
cjal-3363	390	7	,	,	PUNCT
cjal-3363	390	8	regulatory	regulatory	ADJ
cjal-3363	390	9	costs	cost	NOUN
cjal-3363	390	10	become	become	VERB
cjal-3363	390	11	higher	high	ADJ
cjal-3363	390	12	.	.	PUNCT
cjal-3363	391	1	c.	c.	NOUN
cjal-3363	391	2	ownership	ownership	NOUN
cjal-3363	391	3	and	and	CCONJ
cjal-3363	391	4	regulatory	regulatory	ADJ
cjal-3363	391	5	costs	cost	NOUN
cjal-3363	391	6	:	:	PUNCT
cjal-3363	391	7	a	a	DET
cjal-3363	391	8	framework	framework	NOUN
cjal-3363	391	9	for	for	ADP
cjal-3363	391	10	analyzing	analyze	VERB
cjal-3363	391	11	state	state	NOUN
cjal-3363	391	12	ownership	ownership	NOUN
cjal-3363	391	13	the	the	DET
cjal-3363	391	14	evaluation	evaluation	NOUN
cjal-3363	391	15	of	of	ADP
cjal-3363	391	16	the	the	DET
cjal-3363	391	17	social	social	ADJ
cjal-3363	391	18	costs	cost	NOUN
cjal-3363	391	19	associated	associate	VERB
cjal-3363	391	20	with	with	ADP
cjal-3363	391	21	soes	soe	NOUN
cjal-3363	391	22	must	must	AUX
cjal-3363	391	23	consider	consider	VERB
cjal-3363	391	24	both	both	PRON
cjal-3363	391	25	ownership	ownership	NOUN
cjal-3363	391	26	and	and	CCONJ
cjal-3363	391	27	regulatory	regulatory	ADJ
cjal-3363	391	28	costs	cost	NOUN
cjal-3363	391	29	.	.	PUNCT
cjal-3363	392	1	soes	soe	NOUN
cjal-3363	392	2	generally	generally	ADV
cjal-3363	392	3	have	have	VERB
cjal-3363	392	4	higher	high	ADJ
cjal-3363	392	5	ownership	ownership	NOUN
cjal-3363	392	6	costs	cost	NOUN
cjal-3363	392	7	compared	compare	VERB
cjal-3363	392	8	with	with	ADP
cjal-3363	392	9	private	private	ADJ
cjal-3363	392	10	enterprises	enterprise	NOUN
cjal-3363	392	11	,	,	PUNCT
cjal-3363	392	12	which	which	PRON
cjal-3363	392	13	explains	explain	VERB
cjal-3363	392	14	why	why	SCONJ
cjal-3363	392	15	most	most	ADJ
cjal-3363	392	16	of	of	ADP
cjal-3363	392	17	them	they	PRON
cjal-3363	392	18	have	have	AUX
cjal-3363	392	19	been	be	AUX
cjal-3363	392	20	privatized	privatize	VERB
cjal-3363	392	21	in	in	ADP
cjal-3363	392	22	ordinary	ordinary	ADJ
cjal-3363	392	23	industries	industry	NOUN
cjal-3363	392	24	where	where	SCONJ
cjal-3363	392	25	few	few	ADJ
cjal-3363	392	26	regulations	regulation	NOUN
cjal-3363	392	27	are	be	AUX
cjal-3363	392	28	needed	need	VERB
cjal-3363	392	29	.	.	PUNCT
cjal-3363	393	1	however	however	ADV
cjal-3363	393	2	,	,	PUNCT
cjal-3363	393	3	in	in	ADP
cjal-3363	393	4	some	some	DET
cjal-3363	393	5	regulated	regulated	ADJ
cjal-3363	393	6	industries	industry	NOUN
cjal-3363	393	7	where	where	SCONJ
cjal-3363	393	8	regulatory	regulatory	ADJ
cjal-3363	393	9	costs	cost	NOUN
cjal-3363	393	10	are	be	AUX
cjal-3363	393	11	high	high	ADJ
cjal-3363	393	12	,	,	PUNCT
cjal-3363	393	13	soes	soe	NOUN
cjal-3363	393	14	are	be	AUX
cjal-3363	393	15	more	more	ADV
cjal-3363	393	16	likely	likely	ADJ
cjal-3363	393	17	to	to	PART
cjal-3363	393	18	persist	persist	VERB
cjal-3363	393	19	.	.	PUNCT
cjal-3363	394	1	table	table	NOUN
cjal-3363	394	2	1	1	NUM
cjal-3363	394	3	:	:	PUNCT
cjal-3363	394	4	the	the	DET
cjal-3363	394	5	social	social	ADJ
cjal-3363	394	6	costs	cost	NOUN
cjal-3363	394	7	of	of	ADP
cjal-3363	394	8	soes	soe	NOUN
cjal-3363	394	9	v.	v.	ADP
cjal-3363	394	10	private	private	ADJ
cjal-3363	394	11	enterprises	enterprise	NOUN
cjal-3363	394	12	ordinary	ordinary	ADJ
cjal-3363	394	13	industries	industry	NOUN
cjal-3363	394	14	regulated	regulate	VERB
cjal-3363	394	15	industries	industry	NOUN
cjal-3363	394	16	social	social	ADJ
cjal-3363	394	17	costs	cost	NOUN
cjal-3363	394	18	of	of	ADP
cjal-3363	394	19	private	private	ADJ
cjal-3363	394	20	enterprises	enterprise	NOUN
cjal-3363	394	21	low	low	ADJ
cjal-3363	394	22	regulatory	regulatory	ADJ
cjal-3363	394	23	costs	cost	NOUN
cjal-3363	394	24	+	+	CCONJ
cjal-3363	394	25	low	low	ADJ
cjal-3363	394	26	ownership	ownership	NOUN
cjal-3363	394	27	costs	cost	VERB
cjal-3363	394	28	high	high	ADJ
cjal-3363	394	29	regulatory	regulatory	ADJ
cjal-3363	394	30	costs	cost	NOUN
cjal-3363	394	31	+	+	CCONJ
cjal-3363	394	32	low	low	ADJ
cjal-3363	394	33	ownership	ownership	NOUN
cjal-3363	394	34	costs	cost	VERB
cjal-3363	394	35	social	social	ADJ
cjal-3363	394	36	costs	cost	NOUN
cjal-3363	394	37	of	of	ADP
cjal-3363	394	38	soes	soe	NOUN
cjal-3363	394	39	low	low	ADJ
cjal-3363	394	40	regulatory	regulatory	ADJ
cjal-3363	394	41	costs	cost	NOUN
cjal-3363	394	42	+	+	CCONJ
cjal-3363	394	43	high	high	ADJ
cjal-3363	394	44	ownership	ownership	NOUN
cjal-3363	394	45	costs	cost	NOUN
cjal-3363	394	46	low	low	ADJ
cjal-3363	394	47	regulatory	regulatory	ADJ
cjal-3363	394	48	costs	cost	NOUN
cjal-3363	394	49	+	+	CCONJ
cjal-3363	394	50	high	high	ADJ
cjal-3363	394	51	ownership	ownership	NOUN
cjal-3363	394	52	costs	cost	NOUN
cjal-3363	394	53	in	in	ADP
cjal-3363	394	54	a	a	DET
cjal-3363	394	55	regulatory	regulatory	ADJ
cjal-3363	394	56	relationship	relationship	NOUN
cjal-3363	394	57	,	,	PUNCT
cjal-3363	394	58	regulatory	regulatory	ADJ
cjal-3363	394	59	costs	cost	NOUN
cjal-3363	394	60	may	may	AUX
cjal-3363	394	61	be	be	AUX
cjal-3363	394	62	borne	bear	VERB
cjal-3363	394	63	by	by	ADP
cjal-3363	394	64	the	the	DET
cjal-3363	394	65	government	government	NOUN
cjal-3363	394	66	or	or	CCONJ
cjal-3363	394	67	by	by	ADP
cjal-3363	394	68	the	the	DET
cjal-3363	394	69	77	77	NUM
cjal-3363	394	70	neil	neil	PROPN
cjal-3363	394	71	gunningham	gunningham	PROPN
cjal-3363	394	72	,	,	PUNCT
cjal-3363	394	73	robert	robert	PROPN
cjal-3363	394	74	a.	a.	PROPN
cjal-3363	394	75	kagan	kagan	PROPN
cjal-3363	394	76	&	&	CCONJ
cjal-3363	394	77	dorothy	dorothy	PROPN
cjal-3363	394	78	thornton	thornton	PROPN
cjal-3363	394	79	,	,	PUNCT
cjal-3363	394	80	social	social	ADJ
cjal-3363	394	81	license	license	NOUN
cjal-3363	394	82	and	and	CCONJ
cjal-3363	394	83	environmental	environmental	ADJ
cjal-3363	394	84	protection	protection	NOUN
cjal-3363	394	85	:	:	PUNCT
cjal-3363	394	86	why	why	SCONJ
cjal-3363	394	87	business	business	NOUN
cjal-3363	394	88	go	go	VERB
cjal-3363	394	89	beyond	beyond	ADP
cjal-3363	394	90	compliance	compliance	NOUN
cjal-3363	394	91	,	,	PUNCT
cjal-3363	394	92	29	29	NUM
cjal-3363	394	93	law	law	NOUN
cjal-3363	394	94	&	&	CCONJ
cjal-3363	394	95	soc	soc	PROPN
cjal-3363	394	96	.	.	PUNCT
cjal-3363	395	1	inquiry	inquiry	NOUN
cjal-3363	395	2	307	307	NUM
cjal-3363	395	3	,	,	PUNCT
cjal-3363	395	4	323	323	NUM
cjal-3363	395	5	,	,	PUNCT
cjal-3363	395	6	334	334	NUM
cjal-3363	395	7	(	(	PUNCT
cjal-3363	395	8	2004	2004	NUM
cjal-3363	395	9	)	)	PUNCT
cjal-3363	395	10	.	.	PUNCT
cjal-3363	396	1	78	78	NUM
cjal-3363	397	1	i	i	PROPN
cjal-3363	397	2	d	d	PROPN
cjal-3363	397	3	,	,	PUNCT
cjal-3363	397	4	at	at	ADP
cjal-3363	397	5	328	328	NUM
cjal-3363	397	6	.	.	PUNCT
cjal-3363	398	1	79	79	NUM
cjal-3363	399	1	i	i	PROPN
cjal-3363	399	2	d	d	PROPN
cjal-3363	399	3	,	,	PUNCT
cjal-3363	399	4	at	at	ADP
cjal-3363	399	5	332	332	NUM
cjal-3363	399	6	.	.	PUNCT
cjal-3363	400	1	columbia	columbia	PROPN
cjal-3363	400	2	journal	journal	PROPN
cjal-3363	400	3	of	of	ADP
cjal-3363	400	4	asian	asian	ADJ
cjal-3363	400	5	law	law	NOUN
cjal-3363	401	1	[	[	X
cjal-3363	401	2	vol	vol	NOUN
cjal-3363	401	3	.	.	PUNCT
cjal-3363	402	1	31:1	31:1	NUM
cjal-3363	402	2	18	18	NUM
cjal-3363	402	3	enterprise	enterprise	NOUN
cjal-3363	402	4	and	and	CCONJ
cjal-3363	402	5	its	its	PRON
cjal-3363	402	6	private	private	ADJ
cjal-3363	402	7	investors	investor	NOUN
cjal-3363	402	8	.	.	PUNCT
cjal-3363	403	1	private	private	ADJ
cjal-3363	403	2	investors	investor	NOUN
cjal-3363	403	3	face	face	VERB
cjal-3363	403	4	the	the	DET
cjal-3363	403	5	cost	cost	NOUN
cjal-3363	403	6	of	of	ADP
cjal-3363	403	7	opportunistic	opportunistic	ADJ
cjal-3363	403	8	actions	action	NOUN
cjal-3363	403	9	by	by	ADP
cjal-3363	403	10	the	the	DET
cjal-3363	403	11	government	government	NOUN
cjal-3363	403	12	,	,	PUNCT
cjal-3363	403	13	which	which	PRON
cjal-3363	403	14	discourages	discourage	VERB
cjal-3363	403	15	them	they	PRON
cjal-3363	403	16	from	from	ADP
cjal-3363	403	17	entering	enter	VERB
cjal-3363	403	18	certain	certain	ADJ
cjal-3363	403	19	regulated	regulated	ADJ
cjal-3363	403	20	markets	market	NOUN
cjal-3363	403	21	.	.	PUNCT
cjal-3363	404	1	those	those	PRON
cjal-3363	404	2	who	who	PRON
cjal-3363	404	3	have	have	AUX
cjal-3363	404	4	already	already	ADV
cjal-3363	404	5	entered	enter	VERB
cjal-3363	404	6	the	the	DET
cjal-3363	404	7	market	market	NOUN
cjal-3363	404	8	may	may	AUX
cjal-3363	404	9	suffer	suffer	VERB
cjal-3363	404	10	from	from	ADP
cjal-3363	404	11	state	state	NOUN
cjal-3363	404	12	expropriation	expropriation	NOUN
cjal-3363	404	13	and	and	CCONJ
cjal-3363	404	14	decide	decide	VERB
cjal-3363	404	15	to	to	PART
cjal-3363	404	16	leave.80	leave.80	VERB
cjal-3363	404	17	private	private	ADJ
cjal-3363	404	18	investors	investor	NOUN
cjal-3363	404	19	are	be	AUX
cjal-3363	404	20	rational	rational	ADJ
cjal-3363	404	21	actors	actor	NOUN
cjal-3363	404	22	seeking	seek	VERB
cjal-3363	404	23	to	to	PART
cjal-3363	404	24	maximize	maximize	VERB
cjal-3363	404	25	their	their	PRON
cjal-3363	404	26	wealth	wealth	NOUN
cjal-3363	404	27	.	.	PUNCT
cjal-3363	405	1	assuming	assume	VERB
cjal-3363	405	2	that	that	SCONJ
cjal-3363	405	3	regulation	regulation	NOUN
cjal-3363	405	4	is	be	AUX
cjal-3363	405	5	necessary	necessary	ADJ
cjal-3363	405	6	and	and	CCONJ
cjal-3363	405	7	appropriate	appropriate	ADJ
cjal-3363	405	8	,	,	PUNCT
cjal-3363	405	9	the	the	DET
cjal-3363	405	10	fact	fact	NOUN
cjal-3363	405	11	that	that	SCONJ
cjal-3363	405	12	private	private	ADJ
cjal-3363	405	13	investors	investor	NOUN
cjal-3363	405	14	voluntarily	voluntarily	ADV
cjal-3363	405	15	choose	choose	VERB
cjal-3363	405	16	to	to	PART
cjal-3363	405	17	leave	leave	VERB
cjal-3363	405	18	the	the	DET
cjal-3363	405	19	market	market	NOUN
cjal-3363	405	20	and	and	CCONJ
cjal-3363	405	21	give	give	VERB
cjal-3363	405	22	way	way	NOUN
cjal-3363	405	23	to	to	ADP
cjal-3363	405	24	soes	soe	NOUN
cjal-3363	405	25	suggests	suggest	VERB
cjal-3363	405	26	that	that	SCONJ
cjal-3363	405	27	it	it	PRON
cjal-3363	405	28	is	be	AUX
cjal-3363	405	29	a	a	DET
cjal-3363	405	30	relatively	relatively	ADV
cjal-3363	405	31	more	more	ADV
cjal-3363	405	32	efficient	efficient	ADJ
cjal-3363	405	33	outcome	outcome	NOUN
cjal-3363	405	34	.	.	PUNCT
cjal-3363	406	1	81	81	NUM
cjal-3363	406	2	second	second	ADJ
cjal-3363	406	3	,	,	PUNCT
cjal-3363	406	4	the	the	DET
cjal-3363	406	5	regulatory	regulatory	ADJ
cjal-3363	406	6	costs	cost	NOUN
cjal-3363	406	7	may	may	AUX
cjal-3363	406	8	sometimes	sometimes	ADV
cjal-3363	406	9	be	be	AUX
cjal-3363	406	10	borne	bear	VERB
cjal-3363	406	11	by	by	ADP
cjal-3363	406	12	the	the	DET
cjal-3363	406	13	government	government	NOUN
cjal-3363	406	14	.	.	PUNCT
cjal-3363	407	1	the	the	DET
cjal-3363	407	2	government	government	NOUN
cjal-3363	407	3	may	may	AUX
cjal-3363	407	4	choose	choose	VERB
cjal-3363	407	5	not	not	PART
cjal-3363	407	6	to	to	PART
cjal-3363	407	7	privatize	privatize	VERB
cjal-3363	407	8	soes	soe	NOUN
cjal-3363	407	9	,	,	PUNCT
cjal-3363	407	10	if	if	SCONJ
cjal-3363	407	11	they	they	PRON
cjal-3363	407	12	believe	believe	VERB
cjal-3363	407	13	it	it	PRON
cjal-3363	407	14	is	be	AUX
cjal-3363	407	15	difficult	difficult	ADJ
cjal-3363	407	16	to	to	PART
cjal-3363	407	17	regulate	regulate	VERB
cjal-3363	407	18	them	they	PRON
cjal-3363	407	19	afterwards	afterwards	ADV
cjal-3363	407	20	.	.	PUNCT
cjal-3363	408	1	this	this	DET
cjal-3363	408	2	analytical	analytical	ADJ
cjal-3363	408	3	framework	framework	NOUN
cjal-3363	408	4	is	be	AUX
cjal-3363	408	5	an	an	DET
cjal-3363	408	6	extension	extension	NOUN
cjal-3363	408	7	of	of	ADP
cjal-3363	408	8	the	the	DET
cjal-3363	408	9	theory	theory	NOUN
cjal-3363	408	10	of	of	ADP
cjal-3363	408	11	the	the	DET
cjal-3363	408	12	ownership	ownership	NOUN
cjal-3363	408	13	of	of	ADP
cjal-3363	408	14	enterprise	enterprise	NOUN
cjal-3363	408	15	developed	develop	VERB
cjal-3363	408	16	by	by	ADP
cjal-3363	408	17	henry	henry	PROPN
cjal-3363	408	18	hansmann	hansmann	PROPN
cjal-3363	408	19	.	.	PUNCT
cjal-3363	409	1	82	82	NUM
cjal-3363	409	2	hansmann	hansmann	NOUN
cjal-3363	409	3	argues	argue	VERB
cjal-3363	409	4	that	that	SCONJ
cjal-3363	409	5	different	different	ADJ
cjal-3363	409	6	types	type	NOUN
cjal-3363	409	7	of	of	ADP
cjal-3363	409	8	ownership	ownership	NOUN
cjal-3363	409	9	incur	incur	VERB
cjal-3363	409	10	different	different	ADJ
cjal-3363	409	11	level	level	NOUN
cjal-3363	409	12	of	of	ADP
cjal-3363	409	13	transaction	transaction	NOUN
cjal-3363	409	14	costs	cost	NOUN
cjal-3363	409	15	and	and	CCONJ
cjal-3363	409	16	ownership	ownership	NOUN
cjal-3363	409	17	costs.83	costs.83	ADV
cjal-3363	409	18	for	for	ADP
cjal-3363	409	19	example	example	NOUN
cjal-3363	409	20	,	,	PUNCT
cjal-3363	409	21	it	it	PRON
cjal-3363	409	22	is	be	AUX
cjal-3363	409	23	usually	usually	ADV
cjal-3363	409	24	efficient	efficient	ADJ
cjal-3363	409	25	for	for	SCONJ
cjal-3363	409	26	shareholders	shareholder	NOUN
cjal-3363	409	27	to	to	PART
cjal-3363	409	28	own	own	VERB
cjal-3363	409	29	corporations	corporation	NOUN
cjal-3363	409	30	because	because	SCONJ
cjal-3363	409	31	corporations	corporation	NOUN
cjal-3363	409	32	then	then	ADV
cjal-3363	409	33	avoid	avoid	VERB
cjal-3363	409	34	the	the	DET
cjal-3363	409	35	trouble	trouble	NOUN
cjal-3363	409	36	of	of	ADP
cjal-3363	409	37	seeking	seek	VERB
cjal-3363	409	38	long	long	ADJ
cjal-3363	409	39	-	-	PUNCT
cjal-3363	409	40	term	term	NOUN
cjal-3363	409	41	capital	capital	NOUN
cjal-3363	409	42	investment	investment	NOUN
cjal-3363	409	43	and	and	CCONJ
cjal-3363	409	44	repeatedly	repeatedly	ADV
cjal-3363	409	45	renegotiating	renegotiate	VERB
cjal-3363	409	46	with	with	ADP
cjal-3363	409	47	capital	capital	NOUN
cjal-3363	409	48	providers	provider	NOUN
cjal-3363	409	49	.	.	PUNCT
cjal-3363	410	1	84	84	NUM
cjal-3363	410	2	similarly	similarly	ADV
cjal-3363	410	3	,	,	PUNCT
cjal-3363	410	4	employee	employee	NOUN
cjal-3363	410	5	ownership	ownership	NOUN
cjal-3363	410	6	is	be	AUX
cjal-3363	410	7	efficient	efficient	ADJ
cjal-3363	410	8	when	when	SCONJ
cjal-3363	410	9	the	the	DET
cjal-3363	410	10	transaction	transaction	NOUN
cjal-3363	410	11	costs	cost	VERB
cjal-3363	410	12	between	between	ADP
cjal-3363	410	13	employees	employee	NOUN
cjal-3363	410	14	and	and	CCONJ
cjal-3363	410	15	the	the	DET
cjal-3363	410	16	firm	firm	NOUN
cjal-3363	410	17	would	would	AUX
cjal-3363	410	18	otherwise	otherwise	ADV
cjal-3363	410	19	be	be	AUX
cjal-3363	410	20	too	too	ADV
cjal-3363	410	21	high	high	ADJ
cjal-3363	410	22	,	,	PUNCT
cjal-3363	410	23	for	for	ADP
cjal-3363	410	24	example	example	NOUN
cjal-3363	410	25	,	,	PUNCT
cjal-3363	410	26	in	in	ADP
cjal-3363	410	27	the	the	DET
cjal-3363	410	28	case	case	NOUN
cjal-3363	410	29	of	of	ADP
cjal-3363	410	30	partners	partner	NOUN
cjal-3363	410	31	owning	own	VERB
cjal-3363	410	32	a	a	DET
cjal-3363	410	33	law	law	NOUN
cjal-3363	410	34	firm.85	firm.85	NOUN
cjal-3363	410	35	while	while	SCONJ
cjal-3363	410	36	hansmann	hansmann	NOUN
cjal-3363	410	37	’s	’s	PART
cjal-3363	410	38	theory	theory	NOUN
cjal-3363	410	39	largely	largely	ADV
cjal-3363	410	40	focuses	focus	VERB
cjal-3363	410	41	on	on	ADP
cjal-3363	410	42	private	private	ADJ
cjal-3363	410	43	ownership	ownership	NOUN
cjal-3363	410	44	,	,	PUNCT
cjal-3363	410	45	it	it	PRON
cjal-3363	410	46	can	can	AUX
cjal-3363	410	47	also	also	ADV
cjal-3363	410	48	be	be	AUX
cjal-3363	410	49	applied	apply	VERB
cjal-3363	410	50	to	to	ADP
cjal-3363	410	51	state	state	NOUN
cjal-3363	410	52	ownership	ownership	NOUN
cjal-3363	410	53	.	.	PUNCT
cjal-3363	411	1	the	the	DET
cjal-3363	411	2	state	state	NOUN
cjal-3363	411	3	,	,	PUNCT
cjal-3363	411	4	like	like	ADP
cjal-3363	411	5	consumers	consumer	NOUN
cjal-3363	411	6	,	,	PUNCT
cjal-3363	411	7	creditors	creditor	NOUN
cjal-3363	411	8	and	and	CCONJ
cjal-3363	411	9	employees	employee	NOUN
cjal-3363	411	10	,	,	PUNCT
cjal-3363	411	11	is	be	AUX
cjal-3363	411	12	an	an	DET
cjal-3363	411	13	important	important	ADJ
cjal-3363	411	14	stakeholder	stakeholder	NOUN
cjal-3363	411	15	of	of	ADP
cjal-3363	411	16	an	an	DET
cjal-3363	411	17	enterprise	enterprise	NOUN
cjal-3363	411	18	.	.	PUNCT
cjal-3363	412	1	the	the	DET
cjal-3363	412	2	regulation	regulation	NOUN
cjal-3363	412	3	imposed	impose	VERB
cjal-3363	412	4	by	by	ADP
cjal-3363	412	5	the	the	DET
cjal-3363	412	6	state	state	NOUN
cjal-3363	412	7	is	be	AUX
cjal-3363	412	8	similar	similar	ADJ
cjal-3363	412	9	to	to	ADP
cjal-3363	412	10	a	a	DET
cjal-3363	412	11	contract	contract	NOUN
cjal-3363	412	12	,	,	PUNCT
cjal-3363	412	13	or	or	CCONJ
cjal-3363	412	14	“	"	PUNCT
cjal-3363	412	15	transaction	transaction	NOUN
cjal-3363	412	16	,	,	PUNCT
cjal-3363	412	17	”	"	PUNCT
cjal-3363	412	18	between	between	ADP
cjal-3363	412	19	the	the	DET
cjal-3363	412	20	state	state	NOUN
cjal-3363	412	21	and	and	CCONJ
cjal-3363	412	22	enterprise	enterprise	NOUN
cjal-3363	412	23	.	.	PUNCT
cjal-3363	413	1	and	and	CCONJ
cjal-3363	413	2	similar	similar	ADJ
cjal-3363	413	3	to	to	ADP
cjal-3363	413	4	transaction	transaction	NOUN
cjal-3363	413	5	costs	cost	NOUN
cjal-3363	413	6	,	,	PUNCT
cjal-3363	413	7	regulation	regulation	NOUN
cjal-3363	413	8	incurs	incur	VERB
cjal-3363	413	9	certain	certain	ADJ
cjal-3363	413	10	regulatory	regulatory	ADJ
cjal-3363	413	11	costs	cost	NOUN
cjal-3363	413	12	,	,	PUNCT
cjal-3363	413	13	which	which	PRON
cjal-3363	413	14	need	need	VERB
cjal-3363	413	15	to	to	PART
cjal-3363	413	16	be	be	AUX
cjal-3363	413	17	considered	consider	VERB
cjal-3363	413	18	in	in	ADP
cjal-3363	413	19	evaluating	evaluate	VERB
cjal-3363	413	20	the	the	DET
cjal-3363	413	21	social	social	ADJ
cjal-3363	413	22	costs	cost	NOUN
cjal-3363	413	23	of	of	ADP
cjal-3363	413	24	soes	soe	NOUN
cjal-3363	413	25	versus	versus	ADP
cjal-3363	413	26	regulated	regulated	ADJ
cjal-3363	413	27	private	private	ADJ
cjal-3363	413	28	enterprises	enterprise	NOUN
cjal-3363	413	29	.	.	PUNCT
cjal-3363	414	1	ii	ii	PROPN
cjal-3363	414	2	.	.	PUNCT
cjal-3363	415	1	explaining	explain	VERB
cjal-3363	415	2	the	the	DET
cjal-3363	415	3	prevalence	prevalence	NOUN
cjal-3363	415	4	of	of	ADP
cjal-3363	415	5	soes	soe	NOUN
cjal-3363	415	6	in	in	ADP
cjal-3363	415	7	regulated	regulated	ADJ
cjal-3363	415	8	industries	industry	NOUN
cjal-3363	415	9	in	in	ADP
cjal-3363	415	10	china	china	PROPN
cjal-3363	415	11	the	the	DET
cjal-3363	415	12	function	function	NOUN
cjal-3363	415	13	of	of	ADP
cjal-3363	415	14	state	state	NOUN
cjal-3363	415	15	ownership	ownership	NOUN
cjal-3363	415	16	in	in	ADP
cjal-3363	415	17	reducing	reduce	VERB
cjal-3363	415	18	regulatory	regulatory	ADJ
cjal-3363	415	19	costs	cost	NOUN
cjal-3363	415	20	may	may	AUX
cjal-3363	415	21	explain	explain	VERB
cjal-3363	415	22	many	many	ADJ
cjal-3363	415	23	phenomena	phenomenon	NOUN
cjal-3363	415	24	in	in	ADP
cjal-3363	415	25	the	the	DET
cjal-3363	415	26	privatization	privatization	NOUN
cjal-3363	415	27	process	process	NOUN
cjal-3363	415	28	in	in	ADP
cjal-3363	415	29	china	china	PROPN
cjal-3363	415	30	.	.	PUNCT
cjal-3363	416	1	subsection	subsection	NOUN
cjal-3363	416	2	a	a	DET
cjal-3363	416	3	discusses	discuss	VERB
cjal-3363	416	4	the	the	DET
cjal-3363	416	5	development	development	NOUN
cjal-3363	416	6	of	of	ADP
cjal-3363	416	7	soes	soe	NOUN
cjal-3363	416	8	in	in	ADP
cjal-3363	416	9	different	different	ADJ
cjal-3363	416	10	80	80	NUM
cjal-3363	416	11	see	see	NOUN
cjal-3363	416	12	infra	infra	NOUN
cjal-3363	416	13	section	section	PROPN
cjal-3363	416	14	ii	ii	PROPN
cjal-3363	416	15	.	.	PUNCT
cjal-3363	417	1	b.	b.	PROPN
cjal-3363	418	1	for	for	ADP
cjal-3363	418	2	example	example	NOUN
cjal-3363	418	3	.	.	PUNCT
cjal-3363	419	1	81	81	NUM
cjal-3363	419	2	of	of	ADP
cjal-3363	419	3	course	course	NOUN
cjal-3363	419	4	,	,	PUNCT
cjal-3363	419	5	the	the	DET
cjal-3363	419	6	regulation	regulation	NOUN
cjal-3363	419	7	may	may	AUX
cjal-3363	419	8	not	not	PART
cjal-3363	419	9	be	be	AUX
cjal-3363	419	10	appropriate	appropriate	ADJ
cjal-3363	419	11	.	.	PUNCT
cjal-3363	420	1	the	the	DET
cjal-3363	420	2	state	state	NOUN
cjal-3363	420	3	may	may	AUX
cjal-3363	420	4	set	set	VERB
cjal-3363	420	5	up	up	ADP
cjal-3363	420	6	unnecessary	unnecessary	ADJ
cjal-3363	420	7	market	market	NOUN
cjal-3363	420	8	entry	entry	NOUN
cjal-3363	420	9	or	or	CCONJ
cjal-3363	420	10	other	other	ADJ
cjal-3363	420	11	types	type	NOUN
cjal-3363	420	12	of	of	ADP
cjal-3363	420	13	regulation	regulation	NOUN
cjal-3363	420	14	to	to	PART
cjal-3363	420	15	benefit	benefit	VERB
cjal-3363	420	16	soes	soe	NOUN
cjal-3363	420	17	.	.	PUNCT
cjal-3363	421	1	see	see	VERB
cjal-3363	421	2	infra	infra	NOUN
cjal-3363	421	3	section	section	PROPN
cjal-3363	421	4	ii	ii	PROPN
cjal-3363	421	5	.	.	PUNCT
cjal-3363	422	1	d.	d.	PROPN
cjal-3363	422	2	for	for	ADP
cjal-3363	422	3	a	a	DET
cjal-3363	422	4	detailed	detailed	ADJ
cjal-3363	422	5	discussion	discussion	NOUN
cjal-3363	422	6	.	.	PUNCT
cjal-3363	423	1	82	82	NUM
cjal-3363	423	2	see	see	VERB
cjal-3363	423	3	generally	generally	ADV
cjal-3363	423	4	hansmann	hansmann	NOUN
cjal-3363	423	5	,	,	PUNCT
cjal-3363	423	6	supra	supra	PROPN
cjal-3363	423	7	note	note	NOUN
cjal-3363	423	8	15	15	NUM
cjal-3363	423	9	.	.	NOUN
cjal-3363	423	10	83	83	NUM
cjal-3363	424	1	i	i	PRON
cjal-3363	424	2	d.	d.	PROPN
cjal-3363	424	3	84	84	NUM
cjal-3363	425	1	i	i	PRON
cjal-3363	425	2	d.	d.	PROPN
cjal-3363	425	3	85	85	NUM
cjal-3363	426	1	i	i	PRON
cjal-3363	426	2	d.	d.	PROPN
cjal-3363	426	3	2017	2017	NUM
cjal-3363	426	4	]	]	PUNCT
cjal-3363	426	5	state	state	NOUN
cjal-3363	426	6	ownership	ownership	NOUN
cjal-3363	426	7	and	and	CCONJ
cjal-3363	426	8	regulatory	regulatory	ADJ
cjal-3363	426	9	costs	cost	NOUN
cjal-3363	426	10	19	19	NUM
cjal-3363	426	11	sectors	sector	NOUN
cjal-3363	426	12	of	of	ADP
cjal-3363	426	13	the	the	DET
cjal-3363	426	14	economy	economy	NOUN
cjal-3363	426	15	in	in	ADP
cjal-3363	426	16	contemporary	contemporary	PROPN
cjal-3363	426	17	china	china	PROPN
cjal-3363	426	18	,	,	PUNCT
cjal-3363	426	19	focusing	focus	VERB
cjal-3363	426	20	on	on	ADP
cjal-3363	426	21	four	four	NUM
cjal-3363	426	22	particular	particular	ADJ
cjal-3363	426	23	industries	industry	NOUN
cjal-3363	426	24	as	as	ADP
cjal-3363	426	25	examples	example	NOUN
cjal-3363	426	26	.	.	PUNCT
cjal-3363	427	1	it	it	PRON
cjal-3363	427	2	shows	show	VERB
cjal-3363	427	3	that	that	SCONJ
cjal-3363	427	4	soes	soe	NOUN
cjal-3363	427	5	are	be	AUX
cjal-3363	427	6	more	more	ADV
cjal-3363	427	7	prevalent	prevalent	ADJ
cjal-3363	427	8	in	in	ADP
cjal-3363	427	9	industries	industry	NOUN
cjal-3363	427	10	where	where	SCONJ
cjal-3363	427	11	there	there	PRON
cjal-3363	427	12	are	be	VERB
cjal-3363	427	13	deep	deep	ADJ
cjal-3363	427	14	regulatory	regulatory	ADJ
cjal-3363	427	15	problems	problem	NOUN
cjal-3363	427	16	that	that	PRON
cjal-3363	427	17	can	can	AUX
cjal-3363	427	18	not	not	PART
cjal-3363	427	19	easily	easily	ADV
cjal-3363	427	20	be	be	AUX
cjal-3363	427	21	resolved	resolve	VERB
cjal-3363	427	22	.	.	PUNCT
cjal-3363	428	1	subsections	subsection	NOUN
cjal-3363	428	2	b	b	NOUN
cjal-3363	429	1	and	and	CCONJ
cjal-3363	429	2	c	c	PROPN
cjal-3363	429	3	then	then	ADV
cjal-3363	429	4	employ	employ	VERB
cjal-3363	429	5	more	more	ADJ
cjal-3363	429	6	data	datum	NOUN
cjal-3363	429	7	to	to	PART
cjal-3363	429	8	examine	examine	VERB
cjal-3363	429	9	the	the	DET
cjal-3363	429	10	regulatory	regulatory	ADJ
cjal-3363	429	11	costs	cost	NOUN
cjal-3363	429	12	of	of	ADP
cjal-3363	429	13	private	private	ADJ
cjal-3363	429	14	enterpirses	enterpirse	NOUN
cjal-3363	429	15	and	and	CCONJ
cjal-3363	429	16	soes	soe	NOUN
cjal-3363	429	17	in	in	ADP
cjal-3363	429	18	the	the	DET
cjal-3363	429	19	water	water	NOUN
cjal-3363	429	20	utilities	utility	NOUN
cjal-3363	429	21	and	and	CCONJ
cjal-3363	429	22	insurance	insurance	NOUN
cjal-3363	429	23	industries	industry	NOUN
cjal-3363	429	24	in	in	ADP
cjal-3363	429	25	greater	great	ADJ
cjal-3363	429	26	depth	depth	NOUN
cjal-3363	429	27	.	.	PUNCT
cjal-3363	430	1	subsection	subsection	NOUN
cjal-3363	430	2	d	d	NOUN
cjal-3363	430	3	consider	consider	VERB
cjal-3363	430	4	some	some	DET
cjal-3363	430	5	alternative	alternative	ADJ
cjal-3363	430	6	explanations	explanation	NOUN
cjal-3363	430	7	for	for	ADP
cjal-3363	430	8	the	the	DET
cjal-3363	430	9	prevalence	prevalence	NOUN
cjal-3363	430	10	of	of	ADP
cjal-3363	430	11	soes	soe	NOUN
cjal-3363	430	12	in	in	ADP
cjal-3363	430	13	china	china	PROPN
cjal-3363	430	14	.	.	PUNCT
cjal-3363	431	1	a.	a.	PROPN
cjal-3363	432	1	an	an	DET
cjal-3363	432	2	overview	overview	NOUN
cjal-3363	432	3	of	of	ADP
cjal-3363	432	4	soes	soe	NOUN
cjal-3363	432	5	in	in	ADP
cjal-3363	432	6	major	major	ADJ
cjal-3363	432	7	sectors	sector	NOUN
cjal-3363	432	8	prior	prior	ADV
cjal-3363	432	9	to	to	ADP
cjal-3363	432	10	1978	1978	NUM
cjal-3363	432	11	,	,	PUNCT
cjal-3363	432	12	soes	soe	NOUN
cjal-3363	432	13	were	be	AUX
cjal-3363	432	14	prevalent	prevalent	ADJ
cjal-3363	432	15	in	in	ADP
cjal-3363	432	16	almost	almost	ADV
cjal-3363	432	17	all	all	PRON
cjal-3363	432	18	sectors	sector	NOUN
cjal-3363	432	19	in	in	ADP
cjal-3363	432	20	china	china	PROPN
cjal-3363	432	21	’s	’s	PART
cjal-3363	432	22	economy	economy	NOUN
cjal-3363	432	23	.	.	PUNCT
cjal-3363	433	1	china	china	PROPN
cjal-3363	433	2	encouraged	encourage	VERB
cjal-3363	433	3	private	private	ADJ
cjal-3363	433	4	enterprises	enterprise	NOUN
cjal-3363	433	5	to	to	PART
cjal-3363	433	6	grow	grow	VERB
cjal-3363	433	7	gradually	gradually	ADV
cjal-3363	433	8	,	,	PUNCT
cjal-3363	433	9	which	which	PRON
cjal-3363	433	10	can	can	AUX
cjal-3363	433	11	be	be	AUX
cjal-3363	433	12	attributed	attribute	VERB
cjal-3363	433	13	to	to	ADP
cjal-3363	433	14	the	the	DET
cjal-3363	433	15	high	high	ADJ
cjal-3363	433	16	ownership	ownership	NOUN
cjal-3363	433	17	costs	cost	NOUN
cjal-3363	433	18	associated	associate	VERB
cjal-3363	433	19	with	with	ADP
cjal-3363	433	20	soes	soe	NOUN
cjal-3363	433	21	.	.	PUNCT
cjal-3363	434	1	many	many	ADJ
cjal-3363	434	2	empirical	empirical	ADJ
cjal-3363	434	3	studies	study	NOUN
cjal-3363	434	4	show	show	VERB
cjal-3363	434	5	that	that	SCONJ
cjal-3363	434	6	soes	soe	NOUN
cjal-3363	434	7	in	in	ADP
cjal-3363	434	8	china	china	PROPN
cjal-3363	434	9	gain	gain	VERB
cjal-3363	434	10	fewer	few	ADJ
cjal-3363	434	11	profits	profit	NOUN
cjal-3363	434	12	than	than	ADP
cjal-3363	434	13	private	private	ADJ
cjal-3363	434	14	firms.86	firms.86	NOUN
cjal-3363	434	15	by	by	ADP
cjal-3363	434	16	promoting	promote	VERB
cjal-3363	434	17	private	private	ADJ
cjal-3363	434	18	investment	investment	NOUN
cjal-3363	434	19	,	,	PUNCT
cjal-3363	434	20	china	china	PROPN
cjal-3363	434	21	can	can	AUX
cjal-3363	434	22	incrase	incrase	VERB
cjal-3363	434	23	the	the	DET
cjal-3363	434	24	total	total	ADJ
cjal-3363	434	25	profits	profit	NOUN
cjal-3363	434	26	generated	generate	VERB
cjal-3363	434	27	by	by	ADP
cjal-3363	434	28	enterprises	enterprise	NOUN
cjal-3363	434	29	in	in	ADP
cjal-3363	434	30	the	the	DET
cjal-3363	434	31	economy	economy	NOUN
cjal-3363	434	32	,	,	PUNCT
cjal-3363	434	33	increase	increase	VERB
cjal-3363	434	34	fiscal	fiscal	ADJ
cjal-3363	434	35	income	income	NOUN
cjal-3363	434	36	of	of	ADP
cjal-3363	434	37	governments	government	NOUN
cjal-3363	434	38	,	,	PUNCT
cjal-3363	434	39	and	and	CCONJ
cjal-3363	434	40	boost	boost	VERB
cjal-3363	434	41	economic	economic	ADJ
cjal-3363	434	42	growth.87	growth.87	NOUN
cjal-3363	434	43	since	since	SCONJ
cjal-3363	434	44	the	the	DET
cjal-3363	434	45	chinese	chinese	ADJ
cjal-3363	434	46	government	government	NOUN
cjal-3363	434	47	largely	largely	ADV
cjal-3363	434	48	bases	base	VERB
cjal-3363	434	49	its	its	PRON
cjal-3363	434	50	legitimacy	legitimacy	NOUN
cjal-3363	434	51	on	on	ADP
cjal-3363	434	52	economic	economic	ADJ
cjal-3363	434	53	performance,88	performance,88	NOUN
cjal-3363	434	54	the	the	DET
cjal-3363	434	55	central	central	ADJ
cjal-3363	434	56	government	government	NOUN
cjal-3363	434	57	has	have	VERB
cjal-3363	434	58	a	a	DET
cjal-3363	434	59	strong	strong	ADJ
cjal-3363	434	60	incentive	incentive	NOUN
cjal-3363	434	61	to	to	PART
cjal-3363	434	62	reduce	reduce	VERB
cjal-3363	434	63	the	the	DET
cjal-3363	434	64	proportion	proportion	NOUN
cjal-3363	434	65	of	of	ADP
cjal-3363	434	66	soes	soe	NOUN
cjal-3363	434	67	in	in	ADP
cjal-3363	434	68	the	the	DET
cjal-3363	434	69	economy.89	economy.89	NOUN
cjal-3363	434	70	however	however	ADV
cjal-3363	434	71	,	,	PUNCT
cjal-3363	434	72	evidence	evidence	NOUN
cjal-3363	434	73	suggests	suggest	VERB
cjal-3363	434	74	that	that	SCONJ
cjal-3363	434	75	privatization	privatization	NOUN
cjal-3363	434	76	initiates	initiate	VERB
cjal-3363	434	77	a	a	DET
cjal-3363	434	78	corresponding	corresponding	ADJ
cjal-3363	434	79	rise	rise	NOUN
cjal-3363	434	80	in	in	ADP
cjal-3363	434	81	regulatory	regulatory	ADJ
cjal-3363	434	82	costs	cost	NOUN
cjal-3363	434	83	that	that	PRON
cjal-3363	434	84	counteract	counteract	VERB
cjal-3363	434	85	this	this	DET
cjal-3363	434	86	trend	trend	NOUN
cjal-3363	434	87	in	in	ADP
cjal-3363	434	88	regulated	regulated	ADJ
cjal-3363	434	89	industries.90	industries.90	NOUN
cjal-3363	434	90	86	86	NUM
cjal-3363	434	91	although	although	SCONJ
cjal-3363	434	92	there	there	PRON
cjal-3363	434	93	are	be	VERB
cjal-3363	434	94	some	some	DET
cjal-3363	434	95	studies	study	NOUN
cjal-3363	434	96	showing	show	VERB
cjal-3363	434	97	otherwise	otherwise	ADV
cjal-3363	434	98	,	,	PUNCT
cjal-3363	434	99	most	most	ADJ
cjal-3363	434	100	studies	study	NOUN
cjal-3363	434	101	show	show	VERB
cjal-3363	434	102	that	that	SCONJ
cjal-3363	434	103	soes	soe	NOUN
cjal-3363	434	104	perform	perform	VERB
cjal-3363	434	105	worse	bad	ADJ
cjal-3363	434	106	in	in	ADP
cjal-3363	434	107	terms	term	NOUN
cjal-3363	434	108	of	of	ADP
cjal-3363	434	109	profitability	profitability	NOUN
cjal-3363	434	110	.	.	PUNCT
cjal-3363	435	1	for	for	ADP
cjal-3363	435	2	evidence	evidence	NOUN
cjal-3363	435	3	showing	show	VERB
cjal-3363	435	4	soes	soe	NOUN
cjal-3363	435	5	perform	perform	VERB
cjal-3363	435	6	worse	bad	ADJ
cjal-3363	435	7	,	,	PUNCT
cjal-3363	435	8	see	see	VERB
cjal-3363	435	9	e.g.	e.g.	ADV
cjal-3363	435	10	bai	bai	NOUN
cjal-3363	435	11	chongen(白重恩	chongen(白重恩	NOUN
cjal-3363	435	12	)	)	PUNCT
cjal-3363	435	13	,	,	PUNCT
cjal-3363	435	14	lu	lu	PROPN
cjal-3363	435	15	jiangyong(路江涌	jiangyong(路江涌	VERB
cjal-3363	435	16	)	)	PUNCT
cjal-3363	435	17	,	,	PUNCT
cjal-3363	435	18	tao	tao	PROPN
cjal-3363	435	19	zhigang(陶志刚	zhigang(陶志刚	PROPN
cjal-3363	435	20	)	)	PUNCT
cjal-3363	435	21	,	,	PUNCT
cjal-3363	435	22	supra	supra	PROPN
cjal-3363	435	23	note	note	NOUN
cjal-3363	435	24	1	1	NUM
cjal-3363	435	25	.	.	X
cjal-3363	435	26	87	87	NUM
cjal-3363	435	27	see	see	VERB
cjal-3363	435	28	generally	generally	ADV
cjal-3363	435	29	,	,	PUNCT
cjal-3363	435	30	gilson	gilson	PROPN
cjal-3363	435	31	&	&	CCONJ
cjal-3363	435	32	milhaupt	milhaupt	PROPN
cjal-3363	435	33	,	,	PUNCT
cjal-3363	435	34	supra	supra	PROPN
cjal-3363	435	35	note	note	NOUN
cjal-3363	435	36	11	11	NUM
cjal-3363	435	37	.	.	PUNCT
cjal-3363	436	1	see	see	VERB
cjal-3363	436	2	also	also	ADV
cjal-3363	436	3	curtis	curtis	PROPN
cjal-3363	436	4	milhaupt	milhaupt	PROPN
cjal-3363	436	5	&	&	CCONJ
cjal-3363	436	6	wentong	wentong	PROPN
cjal-3363	436	7	zheng	zheng	PROPN
cjal-3363	436	8	,	,	PUNCT
cjal-3363	436	9	supra	supra	PROPN
cjal-3363	436	10	note	note	PROPN
cjal-3363	436	11	7	7	NUM
cjal-3363	436	12	,	,	PUNCT
cjal-3363	436	13	at	at	ADP
cjal-3363	436	14	694	694	NUM
cjal-3363	436	15	(	(	PUNCT
cjal-3363	436	16	arguing	argue	VERB
cjal-3363	436	17	that	that	SCONJ
cjal-3363	436	18	china	china	PROPN
cjal-3363	436	19	has	have	AUX
cjal-3363	436	20	based	base	VERB
cjal-3363	436	21	its	its	PRON
cjal-3363	436	22	legitimacy	legitimacy	NOUN
cjal-3363	436	23	on	on	ADP
cjal-3363	436	24	economic	economic	ADJ
cjal-3363	436	25	performance	performance	NOUN
cjal-3363	436	26	,	,	PUNCT
cjal-3363	436	27	which	which	PRON
cjal-3363	436	28	led	lead	VERB
cjal-3363	436	29	them	they	PRON
cjal-3363	436	30	to	to	PART
cjal-3363	436	31	support	support	VERB
cjal-3363	436	32	private	private	ADJ
cjal-3363	436	33	enterprises	enterprise	NOUN
cjal-3363	436	34	)	)	PUNCT
cjal-3363	436	35	.	.	PUNCT
cjal-3363	437	1	wang	wang	PROPN
cjal-3363	437	2	hongling(王红领	hongling(王红领	PROPN
cjal-3363	437	3	)	)	PUNCT
cjal-3363	437	4	,	,	PUNCT
cjal-3363	437	5	li	li	PROPN
cjal-3363	437	6	daokui(李稻葵	daokui(李稻葵	PROPN
cjal-3363	437	7	)	)	PUNCT
cjal-3363	437	8	,	,	PUNCT
cjal-3363	437	9	&	&	CCONJ
cjal-3363	437	10	lei	lei	PROPN
cjal-3363	437	11	dingming(雷鼎鸣	dingming(雷鼎鸣	PROPN
cjal-3363	437	12	)	)	PUNCT
cjal-3363	437	13	,	,	PUNCT
cjal-3363	437	14	zhengfu	zhengfu	PROPN
cjal-3363	437	15	weishenme	weishenme	PROPN
cjal-3363	437	16	hui	hui	PROPN
cjal-3363	437	17	fangqi	fangqi	PROPN
cjal-3363	437	18	guoyou	guoyou	PROPN
cjal-3363	437	19	qiye	qiye	PROPN
cjal-3363	437	20	de	de	PROPN
cjal-3363	437	21	chanquan(政府为什么会放弃国有企业的产权)[why	chanquan(政府为什么会放弃国有企业的产权)[why	ADV
cjal-3363	437	22	do	do	AUX
cjal-3363	437	23	governments	government	NOUN
cjal-3363	437	24	give	give	VERB
cjal-3363	437	25	up	up	ADP
cjal-3363	437	26	ownership	ownership	NOUN
cjal-3363	437	27	of	of	ADP
cjal-3363	437	28	soes	soe	NOUN
cjal-3363	437	29	?	?	PUNCT
cjal-3363	437	30	]	]	X
cjal-3363	437	31	,	,	PUNCT
cjal-3363	437	32	8	8	NUM
cjal-3363	437	33	jingji	jingji	PROPN
cjal-3363	437	34	yanjiu(经济研究)[econ	yanjiu(经济研究)[econ	X
cjal-3363	437	35	.	.	PUNCT
cjal-3363	437	36	stud	stud	PROPN
cjal-3363	437	37	.	.	PUNCT
cjal-3363	437	38	]	]	PUNCT
cjal-3363	438	1	61	61	NUM
cjal-3363	438	2	(	(	PUNCT
cjal-3363	438	3	2001	2001	NUM
cjal-3363	438	4	)	)	PUNCT
cjal-3363	438	5	.	.	PUNCT
cjal-3363	439	1	han	han	PROPN
cjal-3363	439	2	and	and	CCONJ
cjal-3363	439	3	dai	dai	PROPN
cjal-3363	439	4	discovered	discover	VERB
cjal-3363	439	5	that	that	SCONJ
cjal-3363	439	6	one	one	NUM
cjal-3363	439	7	major	major	ADJ
cjal-3363	439	8	motivation	motivation	NOUN
cjal-3363	439	9	for	for	ADP
cjal-3363	439	10	privatization	privatization	NOUN
cjal-3363	439	11	was	be	AUX
cjal-3363	439	12	to	to	PART
cjal-3363	439	13	increase	increase	VERB
cjal-3363	439	14	fiscal	fiscal	ADJ
cjal-3363	439	15	revenue	revenue	NOUN
cjal-3363	439	16	.	.	PUNCT
cjal-3363	440	1	han	han	PROPN
cjal-3363	440	2	chaohua(韩朝华	chaohua(韩朝华	PROPN
cjal-3363	440	3	)	)	PUNCT
cjal-3363	440	4	&	&	CCONJ
cjal-3363	440	5	dai	dai	PROPN
cjal-3363	440	6	muzhen(戴慕珍	muzhen(戴慕珍	PROPN
cjal-3363	440	7	)	)	PUNCT
cjal-3363	440	8	,	,	PUNCT
cjal-3363	440	9	zhongguo	zhongguo	PROPN
cjal-3363	440	10	minyinghua	minyinghua	PROPN
cjal-3363	440	11	de	de	PROPN
cjal-3363	440	12	caizheng	caizheng	PROPN
cjal-3363	440	13	dongyin(中国民营化的财政动因)[the	dongyin(中国民营化的财政动因)[the	DET
cjal-3363	440	14	fiscal	fiscal	ADJ
cjal-3363	440	15	motives	motive	NOUN
cjal-3363	440	16	for	for	ADP
cjal-3363	440	17	privatization	privatization	NOUN
cjal-3363	440	18	in	in	ADP
cjal-3363	440	19	china	china	PROPN
cjal-3363	440	20	]	]	PUNCT
cjal-3363	440	21	,	,	PUNCT
cjal-3363	440	22	2	2	NUM
cjal-3363	440	23	jingji	jingji	PROPN
cjal-3363	440	24	yanjiu(经济研究)[econ	yanjiu(经济研究)[econ	X
cjal-3363	440	25	.	.	PUNCT
cjal-3363	440	26	stud	stud	PROPN
cjal-3363	440	27	.	.	PUNCT
cjal-3363	440	28	]	]	PUNCT
cjal-3363	441	1	56	56	NUM
cjal-3363	441	2	(	(	PUNCT
cjal-3363	441	3	2008	2008	NUM
cjal-3363	441	4	)	)	PUNCT
cjal-3363	441	5	.	.	PUNCT
cjal-3363	442	1	88	88	NUM
cjal-3363	443	1	i	i	PRON
cjal-3363	443	2	d.	d.	PROPN
cjal-3363	443	3	89	89	NUM
cjal-3363	443	4	in	in	ADP
cjal-3363	443	5	practice	practice	NOUN
cjal-3363	443	6	,	,	PUNCT
cjal-3363	443	7	many	many	ADJ
cjal-3363	443	8	complex	complex	ADJ
cjal-3363	443	9	arrangements	arrangement	NOUN
cjal-3363	443	10	are	be	AUX
cjal-3363	443	11	possible	possible	ADJ
cjal-3363	443	12	.	.	PUNCT
cjal-3363	444	1	the	the	DET
cjal-3363	444	2	governments	government	NOUN
cjal-3363	444	3	may	may	AUX
cjal-3363	444	4	partially	partially	ADV
cjal-3363	444	5	privatize	privatize	VERB
cjal-3363	444	6	their	their	PRON
cjal-3363	444	7	soes	soe	NOUN
cjal-3363	444	8	by	by	ADP
cjal-3363	444	9	selling	sell	VERB
cjal-3363	444	10	a	a	DET
cjal-3363	444	11	portion	portion	NOUN
cjal-3363	444	12	of	of	ADP
cjal-3363	444	13	shares	share	NOUN
cjal-3363	444	14	to	to	ADP
cjal-3363	444	15	private	private	ADJ
cjal-3363	444	16	investors	investor	NOUN
cjal-3363	444	17	,	,	PUNCT
cjal-3363	444	18	while	while	SCONJ
cjal-3363	444	19	still	still	ADV
cjal-3363	444	20	maintaining	maintain	VERB
cjal-3363	444	21	some	some	DET
cjal-3363	444	22	control	control	NOUN
cjal-3363	444	23	.	.	PUNCT
cjal-3363	445	1	these	these	DET
cjal-3363	445	2	public	public	ADJ
cjal-3363	445	3	-	-	PUNCT
cjal-3363	445	4	private	private	ADJ
cjal-3363	445	5	joint	joint	ADJ
cjal-3363	445	6	ventures	venture	NOUN
cjal-3363	445	7	fall	fall	VERB
cjal-3363	445	8	in	in	ADP
cjal-3363	445	9	the	the	DET
cjal-3363	445	10	middle	middle	NOUN
cjal-3363	445	11	of	of	ADP
cjal-3363	445	12	the	the	DET
cjal-3363	445	13	spectrum	spectrum	NOUN
cjal-3363	445	14	between	between	ADP
cjal-3363	445	15	pure	pure	ADJ
cjal-3363	445	16	private	private	ADJ
cjal-3363	445	17	and	and	CCONJ
cjal-3363	445	18	state	state	NOUN
cjal-3363	445	19	-	-	PUNCT
cjal-3363	445	20	owned	own	VERB
cjal-3363	445	21	enterprises	enterprise	NOUN
cjal-3363	445	22	:	:	PUNCT
cjal-3363	445	23	they	they	PRON
cjal-3363	445	24	probably	probably	ADV
cjal-3363	445	25	have	have	VERB
cjal-3363	445	26	lower	low	ADJ
cjal-3363	445	27	ownership	ownership	NOUN
cjal-3363	445	28	costs	cost	NOUN
cjal-3363	445	29	than	than	ADP
cjal-3363	445	30	soes	soe	NOUN
cjal-3363	445	31	because	because	SCONJ
cjal-3363	445	32	private	private	ADJ
cjal-3363	445	33	investors	investor	NOUN
cjal-3363	445	34	will	will	AUX
cjal-3363	445	35	actively	actively	ADV
cjal-3363	445	36	monitor	monitor	VERB
cjal-3363	445	37	the	the	DET
cjal-3363	445	38	enterprises	enterprise	NOUN
cjal-3363	445	39	,	,	PUNCT
cjal-3363	445	40	while	while	SCONJ
cjal-3363	445	41	their	their	PRON
cjal-3363	445	42	incentive	incentive	NOUN
cjal-3363	445	43	to	to	PART
cjal-3363	445	44	seek	seek	VERB
cjal-3363	445	45	profits	profit	NOUN
cjal-3363	445	46	are	be	AUX
cjal-3363	445	47	also	also	ADV
cjal-3363	445	48	higher	high	ADJ
cjal-3363	445	49	than	than	ADP
cjal-3363	445	50	pure	pure	ADJ
cjal-3363	445	51	soes	soe	NOUN
cjal-3363	445	52	.	.	PUNCT
cjal-3363	446	1	they	they	PRON
cjal-3363	446	2	exist	exist	VERB
cjal-3363	446	3	because	because	SCONJ
cjal-3363	446	4	the	the	DET
cjal-3363	446	5	governments	government	NOUN
cjal-3363	446	6	wish	wish	VERB
cjal-3363	446	7	to	to	PART
cjal-3363	446	8	alleviate	alleviate	VERB
cjal-3363	446	9	the	the	DET
cjal-3363	446	10	ownership	ownership	NOUN
cjal-3363	446	11	costs	cost	NOUN
cjal-3363	446	12	problem	problem	NOUN
cjal-3363	446	13	while	while	SCONJ
cjal-3363	446	14	retaining	retain	VERB
cjal-3363	446	15	some	some	DET
cjal-3363	446	16	control	control	NOUN
cjal-3363	446	17	of	of	ADP
cjal-3363	446	18	the	the	DET
cjal-3363	446	19	market	market	NOUN
cjal-3363	446	20	.	.	PUNCT
cjal-3363	447	1	see	see	VERB
cjal-3363	447	2	generally	generally	ADV
cjal-3363	447	3	mariana	mariana	PROPN
cjal-3363	447	4	pargendler	pargendler	PROPN
cjal-3363	447	5	,	,	PUNCT
cjal-3363	447	6	aldo	aldo	PROPN
cjal-3363	447	7	musacchio	musacchio	PROPN
cjal-3363	447	8	&	&	CCONJ
cjal-3363	447	9	sergio	sergio	PROPN
cjal-3363	447	10	g.	g.	PROPN
cjal-3363	447	11	lazzarinittt	lazzarinittt	PROPN
cjal-3363	447	12	,	,	PUNCT
cjal-3363	447	13	supra	supra	PROPN
cjal-3363	447	14	note	note	NOUN
cjal-3363	447	15	64	64	NUM
cjal-3363	447	16	.	.	PUNCT
cjal-3363	448	1	90	90	NUM
cjal-3363	449	1	the	the	DET
cjal-3363	449	2	people	people	NOUN
cjal-3363	449	3	’s	’s	PART
cjal-3363	449	4	daily	daily	PROPN
cjal-3363	449	5	has	have	AUX
cjal-3363	449	6	recently	recently	ADV
cjal-3363	449	7	organized	organize	VERB
cjal-3363	449	8	a	a	DET
cjal-3363	449	9	survey	survey	NOUN
cjal-3363	449	10	of	of	ADP
cjal-3363	449	11	53	53	NUM
cjal-3363	449	12	enterprises	enterprise	NOUN
cjal-3363	449	13	,	,	PUNCT
cjal-3363	449	14	and	and	CCONJ
cjal-3363	449	15	found	find	VERB
cjal-3363	449	16	that	that	SCONJ
cjal-3363	449	17	they	they	PRON
cjal-3363	449	18	face	face	VERB
cjal-3363	449	19	significant	significant	ADJ
cjal-3363	449	20	costs	cost	NOUN
cjal-3363	449	21	in	in	ADP
cjal-3363	449	22	dealing	deal	VERB
cjal-3363	449	23	with	with	ADP
cjal-3363	449	24	government	government	NOUN
cjal-3363	449	25	and	and	CCONJ
cjal-3363	449	26	regulations	regulation	NOUN
cjal-3363	449	27	.	.	PUNCT
cjal-3363	450	1	renmin	renmin	PROPN
cjal-3363	450	2	ribao	ribao	PROPN
cjal-3363	450	3	diaocha	diaocha	PROPN
cjal-3363	450	4	53	53	NUM
cjal-3363	450	5	jia	jia	PROPN
cjal-3363	450	6	qiye	qiye	PROPN
cjal-3363	450	7	:	:	PUNCT
cjal-3363	450	8	zhiduxing	zhiduxe	VERB
cjal-3363	450	9	chengben	chengben	PROPN
cjal-3363	450	10	kunrao	kunrao	PROPN
cjal-3363	450	11	columbia	columbia	PROPN
cjal-3363	450	12	journal	journal	PROPN
cjal-3363	450	13	of	of	ADP
cjal-3363	450	14	asian	asian	ADJ
cjal-3363	450	15	law	law	NOUN
cjal-3363	450	16	[	[	X
cjal-3363	450	17	vol	vol	NOUN
cjal-3363	450	18	.	.	PUNCT
cjal-3363	451	1	31:1	31:1	NUM
cjal-3363	451	2	20	20	NUM
cjal-3363	451	3	the	the	DET
cjal-3363	451	4	charts	chart	NOUN
cjal-3363	451	5	below	below	ADV
cjal-3363	451	6	depict	depict	VERB
cjal-3363	451	7	the	the	DET
cjal-3363	451	8	proportion	proportion	NOUN
cjal-3363	451	9	of	of	ADP
cjal-3363	451	10	soes	soe	NOUN
cjal-3363	451	11	as	as	ADP
cjal-3363	451	12	a	a	DET
cjal-3363	451	13	fraction	fraction	NOUN
cjal-3363	451	14	of	of	ADP
cjal-3363	451	15	their	their	PRON
cjal-3363	451	16	economic	economic	ADJ
cjal-3363	451	17	sectors	sector	NOUN
cjal-3363	451	18	,	,	PUNCT
cjal-3363	451	19	and	and	CCONJ
cjal-3363	451	20	the	the	DET
cjal-3363	451	21	proportion	proportion	NOUN
cjal-3363	451	22	of	of	ADP
cjal-3363	451	23	assets	asset	NOUN
cjal-3363	451	24	held	hold	VERB
cjal-3363	451	25	by	by	ADP
cjal-3363	451	26	soes	soe	NOUN
cjal-3363	451	27	as	as	ADP
cjal-3363	451	28	a	a	DET
cjal-3363	451	29	fraction	fraction	NOUN
cjal-3363	451	30	of	of	ADP
cjal-3363	451	31	the	the	DET
cjal-3363	451	32	total	total	ADJ
cjal-3363	451	33	assets	asset	NOUN
cjal-3363	451	34	held	hold	VERB
cjal-3363	451	35	by	by	ADP
cjal-3363	451	36	their	their	PRON
cjal-3363	451	37	entire	entire	ADJ
cjal-3363	451	38	sector	sector	NOUN
cjal-3363	451	39	in	in	ADP
cjal-3363	451	40	2013	2013	NUM
cjal-3363	451	41	and	and	CCONJ
cjal-3363	451	42	1999	1999	NUM
cjal-3363	451	43	across	across	ADP
cjal-3363	451	44	various	various	ADJ
cjal-3363	451	45	industries.91	industries.91	NOUN
cjal-3363	451	46	in	in	ADP
cjal-3363	451	47	1999	1999	NUM
cjal-3363	451	48	,	,	PUNCT
cjal-3363	451	49	soes	soe	NOUN
cjal-3363	451	50	were	be	AUX
cjal-3363	451	51	more	more	ADV
cjal-3363	451	52	prevalent	prevalent	ADJ
cjal-3363	451	53	in	in	ADP
cjal-3363	451	54	virtually	virtually	ADV
cjal-3363	451	55	all	all	DET
cjal-3363	451	56	industries	industry	NOUN
cjal-3363	451	57	.	.	PUNCT
cjal-3363	452	1	as	as	ADP
cjal-3363	452	2	a	a	DET
cjal-3363	452	3	fraction	fraction	NOUN
cjal-3363	452	4	of	of	ADP
cjal-3363	452	5	all	all	DET
cjal-3363	452	6	enterprises	enterprise	NOUN
cjal-3363	452	7	,	,	PUNCT
cjal-3363	452	8	soes	soe	NOUN
cjal-3363	452	9	declined	decline	VERB
cjal-3363	452	10	in	in	ADP
cjal-3363	452	11	terms	term	NOUN
cjal-3363	452	12	of	of	ADP
cjal-3363	452	13	their	their	PRON
cjal-3363	452	14	number	number	NOUN
cjal-3363	452	15	and	and	CCONJ
cjal-3363	452	16	assets	asset	NOUN
cjal-3363	452	17	held	hold	VERB
cjal-3363	452	18	in	in	ADP
cjal-3363	452	19	most	most	ADJ
cjal-3363	452	20	industrial	industrial	ADJ
cjal-3363	452	21	sectors	sector	NOUN
cjal-3363	452	22	.	.	PUNCT
cjal-3363	453	1	this	this	PRON
cjal-3363	453	2	suggests	suggest	VERB
cjal-3363	453	3	that	that	SCONJ
cjal-3363	453	4	privatization	privatization	NOUN
cjal-3363	453	5	has	have	AUX
cjal-3363	453	6	been	be	AUX
cjal-3363	453	7	successful	successful	ADJ
cjal-3363	453	8	in	in	ADP
cjal-3363	453	9	many	many	ADJ
cjal-3363	453	10	sectors	sector	NOUN
cjal-3363	453	11	of	of	ADP
cjal-3363	453	12	the	the	DET
cjal-3363	453	13	economy	economy	NOUN
cjal-3363	453	14	in	in	ADP
cjal-3363	453	15	china	china	PROPN
cjal-3363	453	16	.	.	PUNCT
cjal-3363	454	1	for	for	ADP
cjal-3363	454	2	example	example	NOUN
cjal-3363	454	3	,	,	PUNCT
cjal-3363	454	4	the	the	DET
cjal-3363	454	5	percentage	percentage	NOUN
cjal-3363	454	6	of	of	ADP
cjal-3363	454	7	assets	asset	NOUN
cjal-3363	454	8	held	hold	VERB
cjal-3363	454	9	by	by	ADP
cjal-3363	454	10	soes	soe	NOUN
cjal-3363	454	11	in	in	ADP
cjal-3363	454	12	the	the	DET
cjal-3363	454	13	economic	economic	ADJ
cjal-3363	454	14	sector	sector	NOUN
cjal-3363	454	15	that	that	PRON
cjal-3363	454	16	processes	process	VERB
cjal-3363	454	17	food	food	NOUN
cjal-3363	454	18	from	from	ADP
cjal-3363	454	19	agricultural	agricultural	ADJ
cjal-3363	454	20	products	product	NOUN
cjal-3363	454	21	dropped	drop	VERB
cjal-3363	454	22	from	from	ADP
cjal-3363	454	23	100	100	NUM
cjal-3363	454	24	%	%	NOUN
cjal-3363	454	25	to	to	ADP
cjal-3363	454	26	less	less	ADJ
cjal-3363	454	27	than	than	ADP
cjal-3363	454	28	10	10	NUM
cjal-3363	454	29	%	%	NOUN
cjal-3363	454	30	.	.	PUNCT
cjal-3363	455	1	however	however	ADV
cjal-3363	455	2	,	,	PUNCT
cjal-3363	455	3	they	they	PRON
cjal-3363	455	4	persist	persist	VERB
cjal-3363	455	5	in	in	ADP
cjal-3363	455	6	a	a	DET
cjal-3363	455	7	few	few	ADJ
cjal-3363	455	8	regulated	regulated	ADJ
cjal-3363	455	9	industries	industry	NOUN
cjal-3363	455	10	,	,	PUNCT
cjal-3363	455	11	including	include	VERB
cjal-3363	455	12	the	the	DET
cjal-3363	455	13	oil	oil	NOUN
cjal-3363	455	14	and	and	CCONJ
cjal-3363	455	15	gas	gas	NOUN
cjal-3363	455	16	,	,	PUNCT
cjal-3363	455	17	coal	coal	NOUN
cjal-3363	455	18	mining	mining	NOUN
cjal-3363	455	19	,	,	PUNCT
cjal-3363	455	20	tobacco	tobacco	NOUN
cjal-3363	455	21	,	,	PUNCT
cjal-3363	455	22	and	and	CCONJ
cjal-3363	455	23	electricity	electricity	NOUN
cjal-3363	455	24	production	production	NOUN
cjal-3363	455	25	and	and	CCONJ
cjal-3363	455	26	supply	supply	NOUN
cjal-3363	455	27	industries	industry	NOUN
cjal-3363	455	28	.	.	PUNCT
cjal-3363	456	1	in	in	ADP
cjal-3363	456	2	these	these	DET
cjal-3363	456	3	four	four	NUM
cjal-3363	456	4	industries	industry	NOUN
cjal-3363	456	5	,	,	PUNCT
cjal-3363	456	6	the	the	DET
cjal-3363	456	7	assets	asset	NOUN
cjal-3363	456	8	held	hold	VERB
cjal-3363	456	9	by	by	ADP
cjal-3363	456	10	soes	soe	NOUN
cjal-3363	456	11	still	still	ADV
cjal-3363	456	12	account	account	VERB
cjal-3363	456	13	for	for	ADP
cjal-3363	456	14	more	more	ADJ
cjal-3363	456	15	than	than	ADP
cjal-3363	456	16	two	two	NUM
cjal-3363	456	17	thirds	third	NOUN
cjal-3363	456	18	of	of	ADP
cjal-3363	456	19	those	those	PRON
cjal-3363	456	20	of	of	ADP
cjal-3363	456	21	all	all	DET
cjal-3363	456	22	firms	firm	NOUN
cjal-3363	456	23	’	'	PUNCT
cjal-3363	456	24	assets	asset	NOUN
cjal-3363	456	25	.	.	PUNCT
cjal-3363	457	1	regulatory	regulatory	ADJ
cjal-3363	457	2	challenges	challenge	NOUN
cjal-3363	457	3	might	might	AUX
cjal-3363	457	4	have	have	AUX
cjal-3363	457	5	prevented	prevent	VERB
cjal-3363	457	6	the	the	DET
cjal-3363	457	7	privatization	privatization	NOUN
cjal-3363	457	8	of	of	ADP
cjal-3363	457	9	soes	soe	NOUN
cjal-3363	457	10	in	in	ADP
cjal-3363	457	11	these	these	DET
cjal-3363	457	12	industries	industry	NOUN
cjal-3363	457	13	.	.	PUNCT
cjal-3363	458	1	zuida	zuida	PROPN
cjal-3363	458	2	(	(	PUNCT
cjal-3363	458	3	人民日报调查	人民日报调查	PROPN
cjal-3363	458	4	53	53	NUM
cjal-3363	458	5	家企业：制度性成本困扰最大)[people	家企业：制度性成本困扰最大)[people	PROPN
cjal-3363	458	6	’s	’s	PART
cjal-3363	458	7	daiy	daiy	NOUN
cjal-3363	458	8	investigated	investigate	VERB
cjal-3363	458	9	53	53	NUM
cjal-3363	458	10	enterprises	enterprise	NOUN
cjal-3363	458	11	:	:	PUNCT
cjal-3363	458	12	institutional	institutional	ADJ
cjal-3363	458	13	transaction	transaction	NOUN
cjal-3363	458	14	costs	cost	NOUN
cjal-3363	458	15	haunted	haunt	VERB
cjal-3363	458	16	private	private	ADJ
cjal-3363	458	17	enterprises	enterprise	NOUN
cjal-3363	458	18	the	the	DET
cjal-3363	458	19	most	most	ADJ
cjal-3363	458	20	]	]	X
cjal-3363	458	21	,	,	PUNCT
cjal-3363	458	22	renmin	renmin	PROPN
cjal-3363	458	23	wang	wang	PROPN
cjal-3363	458	24	-	-	PUNCT
cjal-3363	458	25	renmin	renmin	PROPN
cjal-3363	458	26	ribao(人民网	ribao(人民网	PROPN
cjal-3363	458	27	-	-	PUNCT
cjal-3363	458	28	人民日报	人民日报	PROPN
cjal-3363	458	29	)	)	PUNCT
cjal-3363	459	1	[	[	X
cjal-3363	459	2	renmin	renmin	PROPN
cjal-3363	459	3	wangpeople	wangpeople	PROPN
cjal-3363	459	4	’s	’s	PART
cjal-3363	459	5	daily	daily	ADV
cjal-3363	459	6	]	]	PUNCT
cjal-3363	459	7	,	,	PUNCT
cjal-3363	459	8	may	may	AUX
cjal-3363	459	9	.	.	PUNCT
cjal-3363	460	1	9	9	NUM
cjal-3363	460	2	,	,	PUNCT
cjal-3363	460	3	2016	2016	NUM
cjal-3363	460	4	,	,	PUNCT
cjal-3363	460	5	http://xz.people.com.cn/n2/2016/0509/c138901-28298777.html	http://xz.people.com.cn/n2/2016/0509/c138901-28298777.html	PROPN
cjal-3363	460	6	.	.	PUNCT
cjal-3363	461	1	91	91	NUM
cjal-3363	461	2	the	the	DET
cjal-3363	461	3	calculation	calculation	NOUN
cjal-3363	461	4	here	here	ADV
cjal-3363	461	5	uses	use	VERB
cjal-3363	461	6	book	book	NOUN
cjal-3363	461	7	values	value	NOUN
cjal-3363	461	8	of	of	ADP
cjal-3363	461	9	assets	asset	NOUN
cjal-3363	461	10	held	hold	VERB
cjal-3363	461	11	by	by	ADP
cjal-3363	461	12	these	these	DET
cjal-3363	461	13	enterprises	enterprise	NOUN
cjal-3363	461	14	.	.	PUNCT
cjal-3363	462	1	national	national	PROPN
cjal-3363	462	2	bureau	bureau	PROPN
cjal-3363	462	3	of	of	ADP
cjal-3363	462	4	statistics	statistics	PROPN
cjal-3363	462	5	,	,	PUNCT
cjal-3363	462	6	china	china	PROPN
cjal-3363	462	7	statistical	statistical	ADJ
cjal-3363	462	8	yearbook	yearbook	NOUN
cjal-3363	462	9	1999	1999	NUM
cjal-3363	462	10	-	-	SYM
cjal-3363	462	11	2013	2013	NUM
cjal-3363	462	12	(	(	PUNCT
cjal-3363	462	13	china	china	PROPN
cjal-3363	462	14	statistical	statistical	ADJ
cjal-3363	462	15	press	press	NOUN
cjal-3363	462	16	)	)	PUNCT
cjal-3363	462	17	.	.	PUNCT
cjal-3363	463	1	the	the	DET
cjal-3363	463	2	industrial	industrial	ADJ
cjal-3363	463	3	sectors	sector	NOUN
cjal-3363	463	4	do	do	AUX
cjal-3363	463	5	not	not	PART
cjal-3363	463	6	include	include	VERB
cjal-3363	463	7	finance	finance	NOUN
cjal-3363	463	8	,	,	PUNCT
cjal-3363	463	9	agriculture	agriculture	NOUN
cjal-3363	463	10	,	,	PUNCT
cjal-3363	463	11	construction	construction	NOUN
cjal-3363	463	12	,	,	PUNCT
cjal-3363	463	13	real	real	ADJ
cjal-3363	463	14	estate	estate	NOUN
cjal-3363	463	15	,	,	PUNCT
cjal-3363	463	16	wholesale	wholesale	ADJ
cjal-3363	463	17	and	and	CCONJ
cjal-3363	463	18	retail	retail	ADJ
cjal-3363	463	19	trades	trade	NOUN
cjal-3363	463	20	,	,	PUNCT
cjal-3363	463	21	hotel	hotel	NOUN
cjal-3363	463	22	,	,	PUNCT
cjal-3363	463	23	tourism	tourism	NOUN
cjal-3363	463	24	,	,	PUNCT
cjal-3363	463	25	transportation	transportation	NOUN
cjal-3363	463	26	,	,	PUNCT
cjal-3363	463	27	postal	postal	ADJ
cjal-3363	463	28	,	,	PUNCT
cjal-3363	463	29	and	and	CCONJ
cjal-3363	463	30	telecommunication	telecommunication	NOUN
cjal-3363	463	31	services	service	NOUN
cjal-3363	463	32	.	.	PUNCT
cjal-3363	464	1	2017	2017	NUM
cjal-3363	464	2	]	]	PUNCT
cjal-3363	464	3	state	state	NOUN
cjal-3363	464	4	ownership	ownership	NOUN
cjal-3363	464	5	and	and	CCONJ
cjal-3363	464	6	regulatory	regulatory	ADJ
cjal-3363	464	7	costs	cost	NOUN
cjal-3363	464	8	21	21	NUM
cjal-3363	464	9	figure	figure	NOUN
cjal-3363	464	10	1	1	NUM
cjal-3363	464	11	:	:	PUNCT
cjal-3363	464	12	proportion	proportion	NOUN
cjal-3363	464	13	of	of	ADP
cjal-3363	464	14	soes	soe	NOUN
cjal-3363	464	15	in	in	ADP
cjal-3363	464	16	1999	1999	NUM
cjal-3363	464	17	vs.	vs.	ADP
cjal-3363	464	18	2013	2013	NUM
cjal-3363	464	19	by	by	ADP
cjal-3363	464	20	economic	economic	ADJ
cjal-3363	464	21	sector	sector	NOUN
cjal-3363	464	22	source	source	NOUN
cjal-3363	464	23	:	:	PUNCT
cjal-3363	464	24	china	china	PROPN
cjal-3363	464	25	statistical	statistical	ADJ
cjal-3363	464	26	yearbook	yearbook	NOUN
cjal-3363	464	27	0	0	NUM
cjal-3363	464	28	0.1	0.1	NUM
cjal-3363	464	29	0.2	0.2	NUM
cjal-3363	464	30	0.3	0.3	NUM
cjal-3363	464	31	0.4	0.4	NUM
cjal-3363	464	32	0.5	0.5	NUM
cjal-3363	464	33	0.6	0.6	NUM
cjal-3363	464	34	0.7	0.7	NUM
cjal-3363	464	35	0.8	0.8	NUM
cjal-3363	464	36	0.9	0.9	NUM
cjal-3363	464	37	1	1	NUM
cjal-3363	464	38	1999	1999	NUM
cjal-3363	464	39	2013	2013	NUM
cjal-3363	464	40	p	p	NOUN
cjal-3363	465	1	ro	ro	X
cjal-3363	465	2	p	p	X
cjal-3363	465	3	o	o	X
cjal-3363	465	4	rt	rt	PROPN
cjal-3363	465	5	io	io	PROPN
cjal-3363	465	6	n	n	ADV
cjal-3363	465	7	o	o	X
cjal-3363	465	8	f	f	X
cjal-3363	465	9	s	s	X
cjal-3363	465	10	o	o	X
cjal-3363	465	11	e	e	PROPN
cjal-3363	465	12	s	s	PROPN
cjal-3363	465	13	columbia	columbia	PROPN
cjal-3363	465	14	journal	journal	PROPN
cjal-3363	465	15	of	of	ADP
cjal-3363	465	16	asian	asian	ADJ
cjal-3363	465	17	law	law	NOUN
cjal-3363	466	1	[	[	X
cjal-3363	466	2	vol	vol	NOUN
cjal-3363	466	3	.	.	PUNCT
cjal-3363	467	1	31:1	31:1	NUM
cjal-3363	467	2	22	22	NUM
cjal-3363	467	3	figure	figure	NOUN
cjal-3363	467	4	2	2	NUM
cjal-3363	467	5	:	:	PUNCT
cjal-3363	467	6	proportion	proportion	NOUN
cjal-3363	467	7	of	of	ADP
cjal-3363	467	8	assets	asset	NOUN
cjal-3363	467	9	held	hold	VERB
cjal-3363	467	10	by	by	ADP
cjal-3363	467	11	soes	soe	NOUN
cjal-3363	467	12	in	in	ADP
cjal-3363	467	13	1999	1999	NUM
cjal-3363	467	14	vs.	vs.	ADP
cjal-3363	467	15	2013	2013	NUM
cjal-3363	467	16	by	by	ADP
cjal-3363	467	17	economic	economic	ADJ
cjal-3363	467	18	sector	sector	NOUN
cjal-3363	467	19	source	source	NOUN
cjal-3363	467	20	:	:	PUNCT
cjal-3363	467	21	china	china	PROPN
cjal-3363	467	22	statistical	statistical	ADJ
cjal-3363	467	23	yearbook	yearbook	NOUN
cjal-3363	467	24	0	0	NUM
cjal-3363	467	25	0.1	0.1	NUM
cjal-3363	467	26	0.2	0.2	NUM
cjal-3363	467	27	0.3	0.3	NUM
cjal-3363	467	28	0.4	0.4	NUM
cjal-3363	467	29	0.5	0.5	NUM
cjal-3363	467	30	0.6	0.6	NUM
cjal-3363	467	31	0.7	0.7	NUM
cjal-3363	467	32	0.8	0.8	NUM
cjal-3363	467	33	0.9	0.9	NUM
cjal-3363	467	34	1	1	NUM
cjal-3363	467	35	1999	1999	NUM
cjal-3363	467	36	2013	2013	NUM
cjal-3363	467	37	p	p	NOUN
cjal-3363	468	1	ro	ro	X
cjal-3363	468	2	p	p	X
cjal-3363	468	3	o	o	X
cjal-3363	468	4	rt	rt	PROPN
cjal-3363	468	5	io	io	PROPN
cjal-3363	468	6	n	n	ADV
cjal-3363	468	7	o	o	X
cjal-3363	468	8	f	f	NOUN
cjal-3363	469	1	a	a	DET
cjal-3363	469	2	ss	ss	INTJ
cjal-3363	469	3	et	et	NOUN
cjal-3363	469	4	s	s	NOUN
cjal-3363	469	5	h	h	NOUN
cjal-3363	470	1	el	el	PROPN
cjal-3363	470	2	d	d	PROPN
cjal-3363	470	3	b	b	PROPN
cjal-3363	470	4	y	y	PROPN
cjal-3363	470	5	s	s	PART
cjal-3363	470	6	o	o	X
cjal-3363	470	7	e	e	X
cjal-3363	470	8	s	s	PROPN
cjal-3363	470	9	2017	2017	NUM
cjal-3363	470	10	]	]	PUNCT
cjal-3363	470	11	state	state	NOUN
cjal-3363	470	12	ownership	ownership	NOUN
cjal-3363	470	13	and	and	CCONJ
cjal-3363	470	14	regulatory	regulatory	ADJ
cjal-3363	470	15	costs	cost	NOUN
cjal-3363	470	16	23	23	NUM
cjal-3363	470	17	1	1	NUM
cjal-3363	470	18	.	.	PUNCT
cjal-3363	471	1	production	production	NOUN
cjal-3363	471	2	and	and	CCONJ
cjal-3363	471	3	supply	supply	NOUN
cjal-3363	471	4	of	of	ADP
cjal-3363	471	5	electric	electric	ADJ
cjal-3363	471	6	power	power	NOUN
cjal-3363	471	7	although	although	SCONJ
cjal-3363	471	8	electric	electric	ADJ
cjal-3363	471	9	power	power	NOUN
cjal-3363	471	10	is	be	AUX
cjal-3363	471	11	still	still	ADV
cjal-3363	471	12	mainly	mainly	ADV
cjal-3363	471	13	produced	produce	VERB
cjal-3363	471	14	and	and	CCONJ
cjal-3363	471	15	supplied	supply	VERB
cjal-3363	471	16	by	by	ADP
cjal-3363	471	17	soes	soe	NOUN
cjal-3363	471	18	,	,	PUNCT
cjal-3363	471	19	china	china	PROPN
cjal-3363	471	20	has	have	AUX
cjal-3363	471	21	attempted	attempt	VERB
cjal-3363	471	22	to	to	PART
cjal-3363	471	23	separate	separate	VERB
cjal-3363	471	24	the	the	DET
cjal-3363	471	25	production	production	NOUN
cjal-3363	471	26	from	from	ADP
cjal-3363	471	27	the	the	DET
cjal-3363	471	28	transmission	transmission	NOUN
cjal-3363	471	29	sector	sector	NOUN
cjal-3363	471	30	and	and	CCONJ
cjal-3363	471	31	to	to	PART
cjal-3363	471	32	encourage	encourage	VERB
cjal-3363	471	33	private	private	ADJ
cjal-3363	471	34	investment	investment	NOUN
cjal-3363	471	35	in	in	ADP
cjal-3363	471	36	the	the	DET
cjal-3363	471	37	electricity	electricity	NOUN
cjal-3363	471	38	production	production	NOUN
cjal-3363	471	39	sector	sector	NOUN
cjal-3363	471	40	.	.	PUNCT
cjal-3363	472	1	92	92	NUM
cjal-3363	472	2	the	the	DET
cjal-3363	472	3	electric	electric	ADJ
cjal-3363	472	4	grid	grid	NOUN
cjal-3363	472	5	is	be	AUX
cjal-3363	472	6	a	a	DET
cjal-3363	472	7	natural	natural	ADJ
cjal-3363	472	8	monopoly	monopoly	NOUN
cjal-3363	472	9	and	and	CCONJ
cjal-3363	472	10	hence	hence	ADV
cjal-3363	472	11	subject	subject	ADJ
cjal-3363	472	12	to	to	ADP
cjal-3363	472	13	complex	complex	ADJ
cjal-3363	472	14	price	price	NOUN
cjal-3363	472	15	regulations	regulation	NOUN
cjal-3363	472	16	,	,	PUNCT
cjal-3363	472	17	while	while	SCONJ
cjal-3363	472	18	the	the	DET
cjal-3363	472	19	power	power	NOUN
cjal-3363	472	20	-	-	PUNCT
cjal-3363	472	21	generating	generate	VERB
cjal-3363	472	22	sector	sector	NOUN
cjal-3363	472	23	can	can	AUX
cjal-3363	472	24	be	be	AUX
cjal-3363	472	25	privatized	privatize	VERB
cjal-3363	472	26	and	and	CCONJ
cjal-3363	472	27	turned	turn	VERB
cjal-3363	472	28	into	into	ADP
cjal-3363	472	29	a	a	DET
cjal-3363	472	30	competitive	competitive	ADJ
cjal-3363	472	31	market	market	NOUN
cjal-3363	472	32	.	.	PUNCT
cjal-3363	473	1	today	today	NOUN
cjal-3363	473	2	,	,	PUNCT
cjal-3363	473	3	soes	soe	NOUN
cjal-3363	473	4	play	play	VERB
cjal-3363	473	5	a	a	DET
cjal-3363	473	6	more	more	ADV
cjal-3363	473	7	significant	significant	ADJ
cjal-3363	473	8	role	role	NOUN
cjal-3363	473	9	in	in	ADP
cjal-3363	473	10	the	the	DET
cjal-3363	473	11	transmission	transmission	NOUN
cjal-3363	473	12	of	of	ADP
cjal-3363	473	13	electric	electric	ADJ
cjal-3363	473	14	power	power	NOUN
cjal-3363	473	15	.	.	PUNCT
cjal-3363	474	1	the	the	DET
cjal-3363	474	2	two	two	NUM
cjal-3363	474	3	major	major	ADJ
cjal-3363	474	4	grid	grid	NOUN
cjal-3363	474	5	companies	company	NOUN
cjal-3363	474	6	,	,	PUNCT
cjal-3363	474	7	the	the	DET
cjal-3363	474	8	state	state	NOUN
cjal-3363	474	9	grid	grid	NOUN
cjal-3363	474	10	corporation	corporation	NOUN
cjal-3363	474	11	of	of	ADP
cjal-3363	474	12	china	china	PROPN
cjal-3363	474	13	and	and	CCONJ
cjal-3363	474	14	china	china	PROPN
cjal-3363	474	15	southern	southern	PROPN
cjal-3363	474	16	power	power	PROPN
cjal-3363	474	17	grid	grid	PROPN
cjal-3363	474	18	,	,	PUNCT
cjal-3363	474	19	are	be	AUX
cjal-3363	474	20	both	both	PRON
cjal-3363	474	21	owned	own	VERB
cjal-3363	474	22	by	by	ADP
cjal-3363	474	23	the	the	DET
cjal-3363	474	24	state	state	NOUN
cjal-3363	474	25	.	.	PUNCT
cjal-3363	475	1	by	by	ADP
cjal-3363	475	2	contrast	contrast	NOUN
cjal-3363	475	3	,	,	PUNCT
cjal-3363	475	4	private	private	ADJ
cjal-3363	475	5	power	power	NOUN
cjal-3363	475	6	-	-	PUNCT
cjal-3363	475	7	generating	generate	VERB
cjal-3363	475	8	companies	company	NOUN
cjal-3363	475	9	constitute	constitute	VERB
cjal-3363	475	10	76	76	NUM
cjal-3363	475	11	%	%	NOUN
cjal-3363	475	12	of	of	ADP
cjal-3363	475	13	all	all	DET
cjal-3363	475	14	companies	company	NOUN
cjal-3363	475	15	in	in	ADP
cjal-3363	475	16	the	the	DET
cjal-3363	475	17	sector,93	sector,93	NOUN
cjal-3363	475	18	although	although	SCONJ
cjal-3363	475	19	they	they	PRON
cjal-3363	475	20	possess	possess	VERB
cjal-3363	475	21	only	only	ADV
cjal-3363	475	22	12	12	NUM
cjal-3363	475	23	%	%	NOUN
cjal-3363	475	24	of	of	ADP
cjal-3363	475	25	the	the	DET
cjal-3363	475	26	total	total	ADJ
cjal-3363	475	27	electricity	electricity	NOUN
cjal-3363	475	28	-	-	PUNCT
cjal-3363	475	29	generation	generation	NOUN
cjal-3363	475	30	capacity.94	capacity.94	NOUN
cjal-3363	475	31	state	state	NOUN
cjal-3363	475	32	-	-	PUNCT
cjal-3363	475	33	owned	own	VERB
cjal-3363	475	34	electrical	electrical	ADJ
cjal-3363	475	35	grid	grid	NOUN
cjal-3363	475	36	companies	company	NOUN
cjal-3363	475	37	may	may	AUX
cjal-3363	475	38	reduce	reduce	VERB
cjal-3363	475	39	the	the	DET
cjal-3363	475	40	likelihood	likelihood	NOUN
cjal-3363	475	41	of	of	ADP
cjal-3363	475	42	power	power	NOUN
cjal-3363	475	43	failures	failure	NOUN
cjal-3363	475	44	and	and	CCONJ
cjal-3363	475	45	ensure	ensure	VERB
cjal-3363	475	46	the	the	DET
cjal-3363	475	47	stability	stability	NOUN
cjal-3363	475	48	of	of	ADP
cjal-3363	475	49	the	the	DET
cjal-3363	475	50	electricity	electricity	NOUN
cjal-3363	475	51	supply	supply	NOUN
cjal-3363	475	52	,	,	PUNCT
cjal-3363	475	53	which	which	PRON
cjal-3363	475	54	is	be	AUX
cjal-3363	475	55	crucial	crucial	ADJ
cjal-3363	475	56	for	for	ADP
cjal-3363	475	57	society	society	NOUN
cjal-3363	475	58	and	and	CCONJ
cjal-3363	475	59	business	business	NOUN
cjal-3363	475	60	activities	activity	NOUN
cjal-3363	475	61	.	.	PUNCT
cjal-3363	476	1	soes	soe	NOUN
cjal-3363	476	2	also	also	ADV
cjal-3363	476	3	played	play	VERB
cjal-3363	476	4	an	an	DET
cjal-3363	476	5	integral	integral	ADJ
cjal-3363	476	6	role	role	NOUN
cjal-3363	476	7	in	in	ADP
cjal-3363	476	8	repairing	repair	VERB
cjal-3363	476	9	and	and	CCONJ
cjal-3363	476	10	maintaining	maintain	VERB
cjal-3363	476	11	the	the	DET
cjal-3363	476	12	electric	electric	ADJ
cjal-3363	476	13	grid	grid	NOUN
cjal-3363	476	14	when	when	SCONJ
cjal-3363	476	15	natural	natural	ADJ
cjal-3363	476	16	catastrophes	catastrophe	NOUN
cjal-3363	476	17	such	such	ADJ
cjal-3363	476	18	as	as	ADP
cjal-3363	476	19	hurricanes	hurricane	NOUN
cjal-3363	476	20	or	or	CCONJ
cjal-3363	476	21	snowstorms	snowstorm	NOUN
cjal-3363	476	22	occur.95	occur.95	NOUN
cjal-3363	476	23	to	to	PART
cjal-3363	476	24	be	be	AUX
cjal-3363	476	25	sure	sure	ADJ
cjal-3363	476	26	,	,	PUNCT
cjal-3363	476	27	without	without	ADP
cjal-3363	476	28	state	state	NOUN
cjal-3363	476	29	ownership	ownership	NOUN
cjal-3363	476	30	,	,	PUNCT
cjal-3363	476	31	the	the	DET
cjal-3363	476	32	government	government	NOUN
cjal-3363	476	33	can	can	AUX
cjal-3363	476	34	still	still	ADV
cjal-3363	476	35	regulate	regulate	VERB
cjal-3363	476	36	private	private	ADJ
cjal-3363	476	37	companies	company	NOUN
cjal-3363	476	38	and	and	CCONJ
cjal-3363	476	39	impose	impose	VERB
cjal-3363	476	40	liabilities	liability	NOUN
cjal-3363	476	41	on	on	ADP
cjal-3363	476	42	them	they	PRON
cjal-3363	476	43	in	in	ADP
cjal-3363	476	44	cases	case	NOUN
cjal-3363	476	45	of	of	ADP
cjal-3363	476	46	power	power	NOUN
cjal-3363	476	47	failures	failure	NOUN
cjal-3363	476	48	or	or	CCONJ
cjal-3363	476	49	service	service	NOUN
cjal-3363	476	50	outages	outage	NOUN
cjal-3363	476	51	.	.	PUNCT
cjal-3363	477	1	the	the	DET
cjal-3363	477	2	state	state	NOUN
cjal-3363	477	3	may	may	AUX
cjal-3363	477	4	impose	impose	VERB
cjal-3363	477	5	strict	strict	ADJ
cjal-3363	477	6	liability	liability	NOUN
cjal-3363	477	7	on	on	ADP
cjal-3363	477	8	electrical	electrical	ADJ
cjal-3363	477	9	grid	grid	NOUN
cjal-3363	477	10	companies	company	NOUN
cjal-3363	477	11	,	,	PUNCT
cjal-3363	477	12	or	or	CCONJ
cjal-3363	477	13	adopt	adopt	VERB
cjal-3363	477	14	a	a	DET
cjal-3363	477	15	negligence	negligence	NOUN
cjal-3363	477	16	rule	rule	NOUN
cjal-3363	477	17	.	.	PUNCT
cjal-3363	478	1	in	in	ADP
cjal-3363	478	2	both	both	DET
cjal-3363	478	3	cases	case	NOUN
cjal-3363	478	4	,	,	PUNCT
cjal-3363	478	5	the	the	DET
cjal-3363	478	6	courts	court	NOUN
cjal-3363	478	7	face	face	VERB
cjal-3363	478	8	the	the	DET
cjal-3363	478	9	difficult	difficult	ADJ
cjal-3363	478	10	question	question	NOUN
cjal-3363	478	11	of	of	ADP
cjal-3363	478	12	evaluating	evaluate	VERB
cjal-3363	478	13	damages;96	damages;96	NOUN
cjal-3363	478	14	in	in	ADP
cjal-3363	478	15	the	the	DET
cjal-3363	478	16	latter	latter	ADJ
cjal-3363	478	17	case	case	NOUN
cjal-3363	478	18	,	,	PUNCT
cjal-3363	478	19	they	they	PRON
cjal-3363	478	20	also	also	ADV
cjal-3363	478	21	need	need	VERB
cjal-3363	478	22	to	to	PART
cjal-3363	478	23	determine	determine	VERB
cjal-3363	478	24	the	the	DET
cjal-3363	478	25	92	92	NUM
cjal-3363	478	26	see	see	NOUN
cjal-3363	478	27	e.g.	e.g.	ADV
cjal-3363	478	28	,	,	PUNCT
cjal-3363	478	29	guojia	guojia	PROPN
cjal-3363	478	30	dianjianhui	dianjianhui	PROPN
cjal-3363	478	31	guanyu	guanyu	PROPN
cjal-3363	478	32	jiaqiang	jiaqiang	PROPN
cjal-3363	478	33	dianli	dianli	PROPN
cjal-3363	478	34	jianguan	jianguan	PROPN
cjal-3363	478	35	zhichi	zhichi	PROPN
cjal-3363	478	36	minjian	minjian	PROPN
cjal-3363	478	37	ziben	ziben	PROPN
cjal-3363	478	38	touzi	touzi	PROPN
cjal-3363	478	39	dianli	dianli	PROPN
cjal-3363	478	40	de	de	X
cjal-3363	478	41	shishi	shishi	ADJ
cjal-3363	478	42	yijian(国家电监会关于加强电力监管支持民间资本投资电力的实施意见)[implementation	yijian(国家电监会关于加强电力监管支持民间资本投资电力的实施意见)[implementation	NOUN
cjal-3363	478	43	opinions	opinion	NOUN
cjal-3363	478	44	on	on	ADP
cjal-3363	478	45	strengthening	strengthen	VERB
cjal-3363	478	46	the	the	DET
cjal-3363	478	47	supervision	supervision	NOUN
cjal-3363	478	48	and	and	CCONJ
cjal-3363	478	49	administration	administration	NOUN
cjal-3363	478	50	of	of	ADP
cjal-3363	478	51	electric	electric	ADJ
cjal-3363	478	52	power	power	NOUN
cjal-3363	478	53	and	and	CCONJ
cjal-3363	478	54	supporting	support	VERB
cjal-3363	478	55	the	the	DET
cjal-3363	478	56	investment	investment	NOUN
cjal-3363	478	57	of	of	ADP
cjal-3363	478	58	private	private	ADJ
cjal-3363	478	59	capitals	capital	NOUN
cjal-3363	478	60	in	in	ADP
cjal-3363	478	61	electric	electric	PROPN
cjal-3363	478	62	power](promulgated	power](promulgate	VERB
cjal-3363	478	63	june	june	PROPN
cjal-3363	478	64	14	14	NUM
cjal-3363	478	65	,	,	PUNCT
cjal-3363	478	66	2012	2012	NUM
cjal-3363	478	67	,	,	PUNCT
cjal-3363	478	68	effective	effective	ADJ
cjal-3363	478	69	june	june	PROPN
cjal-3363	478	70	14	14	NUM
cjal-3363	478	71	,	,	PUNCT
cjal-3363	478	72	2012	2012	NUM
cjal-3363	478	73	)	)	PUNCT
cjal-3363	478	74	.	.	PUNCT
cjal-3363	479	1	93	93	NUM
cjal-3363	479	2	quanguo	quanguo	PROPN
cjal-3363	479	3	dianli	dianli	PROPN
cjal-3363	479	4	yewu	yewu	NOUN
cjal-3363	479	5	xukezheng	xukezheng	PROPN
cjal-3363	479	6	chizhegn	chizhegn	PROPN
cjal-3363	479	7	qiye	qiye	PROPN
cjal-3363	479	8	suoyouzhi	suoyouzhi	PROPN
cjal-3363	479	9	qingkuang	qingkuang	PROPN
cjal-3363	479	10	baogao	baogao	PROPN
cjal-3363	479	11	fabu(全国电力业务许可	fabu(全国电力业务许可	VERB
cjal-3363	479	12	证持证企业所有制情况报告发布)[release	证持证企业所有制情况报告发布)[release	PROPN
cjal-3363	479	13	of	of	ADP
cjal-3363	479	14	the	the	DET
cjal-3363	479	15	report	report	NOUN
cjal-3363	479	16	on	on	ADP
cjal-3363	479	17	the	the	DET
cjal-3363	479	18	ownership	ownership	NOUN
cjal-3363	479	19	of	of	ADP
cjal-3363	479	20	licensed	licensed	ADJ
cjal-3363	479	21	electric	electric	ADJ
cjal-3363	479	22	enterprises	enterprise	NOUN
cjal-3363	479	23	]	]	PUNCT
cjal-3363	479	24	,	,	PUNCT
cjal-3363	479	25	sep	sep	PROPN
cjal-3363	479	26	.	.	PROPN
cjal-3363	479	27	11	11	NUM
cjal-3363	479	28	,	,	PUNCT
cjal-3363	479	29	2012	2012	NUM
cjal-3363	479	30	,	,	PUNCT
cjal-3363	479	31	http://www.gov.cn/gzdt/2012-09/11/content_2222080.htm	http://www.gov.cn/gzdt/2012-09/11/content_2222080.htm	X
cjal-3363	479	32	.	.	NOUN
cjal-3363	479	33	94	94	NUM
cjal-3363	480	1	i	i	PRON
cjal-3363	480	2	d.	d.	PROPN
cjal-3363	480	3	95	95	NUM
cjal-3363	480	4	“	"	PUNCT
cjal-3363	480	5	wimaxun	wimaxun	PROPN
cjal-3363	480	6	”	"	PUNCT
cjal-3363	480	7	zhongchuang	zhongchuang	PROPN
cjal-3363	480	8	hainan	hainan	PROPN
cjal-3363	480	9	dianwang	dianwang	PROPN
cjal-3363	480	10	qiangxiu	qiangxiu	PROPN
cjal-3363	480	11	yuji	yuji	PROPN
cjal-3363	480	12	yu	yu	PROPN
cjal-3363	480	13	19	19	NUM
cjal-3363	480	14	ri	ri	PROPN
cjal-3363	480	15	qingchen	qingchen	ADJ
cjal-3363	480	16	kaishi(“威马逊”重创海南电	kaishi(“威马逊”重创海南电	PROPN
cjal-3363	480	17	网	网	PROPN
cjal-3363	480	18	抢修预计于	抢修预计于	PROPN
cjal-3363	480	19	19	19	NUM
cjal-3363	480	20	日清晨开始)[“weimaxun	日清晨开始)[“weimaxun	NOUN
cjal-3363	480	21	”	"	PUNCT
cjal-3363	480	22	significantly	significantly	ADV
cjal-3363	480	23	damaged	damage	VERB
cjal-3363	480	24	power	power	NOUN
cjal-3363	480	25	grid	grid	NOUN
cjal-3363	480	26	of	of	ADP
cjal-3363	480	27	hainan	hainan	PROPN
cjal-3363	480	28	,	,	PUNCT
cjal-3363	480	29	repair	repair	VERB
cjal-3363	480	30	work	work	NOUN
cjal-3363	480	31	to	to	PART
cjal-3363	480	32	start	start	VERB
cjal-3363	480	33	on	on	ADP
cjal-3363	480	34	the	the	DET
cjal-3363	480	35	morning	morning	NOUN
cjal-3363	480	36	of	of	ADP
cjal-3363	480	37	19th	19th	NOUN
cjal-3363	480	38	]	]	PUNCT
cjal-3363	480	39	,	,	PUNCT
cjal-3363	480	40	nanhai	nanhai	PROPN
cjal-3363	480	41	wang(南海网	wang(南海网	PROPN
cjal-3363	480	42	)	)	PUNCT
cjal-3363	480	43	,	,	PUNCT
cjal-3363	480	44	july	july	PROPN
cjal-3363	480	45	19	19	NUM
cjal-3363	480	46	,	,	PUNCT
cjal-3363	480	47	2014	2014	NUM
cjal-3363	480	48	,	,	PUNCT
cjal-3363	480	49	http://www.hinews.cn/news/system/2014/07/19/016809543.shtml	http://www.hinews.cn/news/system/2014/07/19/016809543.shtml	X
cjal-3363	480	50	.	.	PUNCT
cjal-3363	481	1	96	96	NUM
cjal-3363	481	2	a	a	DET
cjal-3363	481	3	similar	similar	ADJ
cjal-3363	481	4	example	example	NOUN
cjal-3363	481	5	would	would	AUX
cjal-3363	481	6	be	be	AUX
cjal-3363	481	7	the	the	DET
cjal-3363	481	8	nuclear	nuclear	ADJ
cjal-3363	481	9	generation	generation	NOUN
cjal-3363	481	10	industry	industry	NOUN
cjal-3363	481	11	.	.	PUNCT
cjal-3363	482	1	calculating	calculate	VERB
cjal-3363	482	2	the	the	DET
cjal-3363	482	3	damages	damage	NOUN
cjal-3363	482	4	caused	cause	VERB
cjal-3363	482	5	by	by	ADP
cjal-3363	482	6	a	a	DET
cjal-3363	482	7	nuclear	nuclear	ADJ
cjal-3363	482	8	accident	accident	NOUN
cjal-3363	482	9	would	would	AUX
cjal-3363	482	10	be	be	AUX
cjal-3363	482	11	too	too	ADV
cjal-3363	482	12	difficult	difficult	ADJ
cjal-3363	482	13	and	and	CCONJ
cjal-3363	482	14	sometimes	sometimes	ADV
cjal-3363	482	15	impossible	impossible	ADJ
cjal-3363	482	16	.	.	PUNCT
cjal-3363	483	1	moreover	moreover	ADV
cjal-3363	483	2	,	,	PUNCT
cjal-3363	483	3	tort	tort	NOUN
cjal-3363	483	4	liability	liability	NOUN
cjal-3363	483	5	may	may	AUX
cjal-3363	483	6	not	not	PART
cjal-3363	483	7	be	be	AUX
cjal-3363	483	8	a	a	DET
cjal-3363	483	9	good	good	ADJ
cjal-3363	483	10	way	way	NOUN
cjal-3363	483	11	to	to	PART
cjal-3363	483	12	incentivize	incentivize	VERB
cjal-3363	483	13	nuclear	nuclear	ADJ
cjal-3363	483	14	companies	company	NOUN
cjal-3363	483	15	to	to	PART
cjal-3363	483	16	follow	follow	VERB
cjal-3363	483	17	safety	safety	NOUN
cjal-3363	483	18	standards	standard	NOUN
cjal-3363	483	19	,	,	PUNCT
cjal-3363	483	20	since	since	SCONJ
cjal-3363	483	21	they	they	PRON
cjal-3363	483	22	are	be	AUX
cjal-3363	483	23	not	not	PART
cjal-3363	483	24	likely	likely	ADJ
cjal-3363	483	25	to	to	PART
cjal-3363	483	26	fully	fully	ADV
cjal-3363	483	27	internalize	internalize	VERB
cjal-3363	483	28	the	the	DET
cjal-3363	483	29	costs	cost	NOUN
cjal-3363	483	30	to	to	ADP
cjal-3363	483	31	society	society	NOUN
cjal-3363	483	32	given	give	VERB
cjal-3363	483	33	the	the	DET
cjal-3363	483	34	limited	limited	ADJ
cjal-3363	483	35	liability	liability	NOUN
cjal-3363	483	36	protection	protection	NOUN
cjal-3363	483	37	.	.	PUNCT
cjal-3363	484	1	columbia	columbia	PROPN
cjal-3363	484	2	journal	journal	PROPN
cjal-3363	484	3	of	of	ADP
cjal-3363	484	4	asian	asian	ADJ
cjal-3363	484	5	law	law	NOUN
cjal-3363	485	1	[	[	X
cjal-3363	485	2	vol	vol	NOUN
cjal-3363	485	3	.	.	PUNCT
cjal-3363	486	1	31:1	31:1	NUM
cjal-3363	486	2	24	24	NUM
cjal-3363	486	3	standard	standard	NOUN
cjal-3363	486	4	of	of	ADP
cjal-3363	486	5	negligence	negligence	NOUN
cjal-3363	486	6	for	for	ADP
cjal-3363	486	7	electrical	electrical	ADJ
cjal-3363	486	8	grid	grid	NOUN
cjal-3363	486	9	companies.97	companies.97	NOUN
cjal-3363	486	10	since	since	SCONJ
cjal-3363	486	11	power	power	NOUN
cjal-3363	486	12	outages	outage	NOUN
cjal-3363	486	13	often	often	ADV
cjal-3363	486	14	negatively	negatively	ADV
cjal-3363	486	15	affect	affect	VERB
cjal-3363	486	16	a	a	DET
cjal-3363	486	17	large	large	ADJ
cjal-3363	486	18	number	number	NOUN
cjal-3363	486	19	of	of	ADP
cjal-3363	486	20	people	people	NOUN
cjal-3363	486	21	,	,	PUNCT
cjal-3363	486	22	class	class	NOUN
cjal-3363	486	23	actions	action	NOUN
cjal-3363	486	24	may	may	AUX
cjal-3363	486	25	be	be	AUX
cjal-3363	486	26	necessary	necessary	ADJ
cjal-3363	486	27	.	.	PUNCT
cjal-3363	487	1	even	even	ADV
cjal-3363	487	2	after	after	SCONJ
cjal-3363	487	3	the	the	DET
cjal-3363	487	4	liabilities	liability	NOUN
cjal-3363	487	5	are	be	AUX
cjal-3363	487	6	determined	determine	VERB
cjal-3363	487	7	,	,	PUNCT
cjal-3363	487	8	the	the	DET
cjal-3363	487	9	state	state	NOUN
cjal-3363	487	10	may	may	AUX
cjal-3363	487	11	face	face	VERB
cjal-3363	487	12	the	the	DET
cjal-3363	487	13	barrier	barrier	NOUN
cjal-3363	487	14	of	of	ADP
cjal-3363	487	15	limited	limited	ADJ
cjal-3363	487	16	liability	liability	NOUN
cjal-3363	487	17	protection	protection	NOUN
cjal-3363	487	18	of	of	ADP
cjal-3363	487	19	investors	investor	NOUN
cjal-3363	487	20	.	.	PUNCT
cjal-3363	488	1	state	state	NOUN
cjal-3363	488	2	ownership	ownership	NOUN
cjal-3363	488	3	reduces	reduce	VERB
cjal-3363	488	4	the	the	DET
cjal-3363	488	5	bargaining	bargaining	NOUN
cjal-3363	488	6	costs	cost	NOUN
cjal-3363	488	7	and	and	CCONJ
cjal-3363	488	8	administrative	administrative	ADJ
cjal-3363	488	9	costs	cost	NOUN
cjal-3363	488	10	in	in	ADP
cjal-3363	488	11	determining	determine	VERB
cjal-3363	488	12	the	the	DET
cjal-3363	488	13	liabilities	liability	NOUN
cjal-3363	488	14	for	for	ADP
cjal-3363	488	15	violation	violation	NOUN
cjal-3363	488	16	of	of	ADP
cjal-3363	488	17	regulation	regulation	NOUN
cjal-3363	488	18	ex	ex	X
cjal-3363	488	19	ante	ante	NOUN
cjal-3363	488	20	with	with	ADP
cjal-3363	488	21	legislation	legislation	NOUN
cjal-3363	488	22	and	and	CCONJ
cjal-3363	488	23	ex	ex	PRON
cjal-3363	488	24	post	post	NOUN
cjal-3363	488	25	with	with	ADP
cjal-3363	488	26	litigations	litigation	NOUN
cjal-3363	488	27	in	in	ADP
cjal-3363	488	28	and	and	CCONJ
cjal-3363	488	29	enforcement	enforcement	NOUN
cjal-3363	488	30	by	by	ADP
cjal-3363	488	31	courts	court	NOUN
cjal-3363	488	32	.	.	PUNCT
cjal-3363	489	1	china	china	PROPN
cjal-3363	489	2	may	may	AUX
cjal-3363	489	3	believe	believe	VERB
cjal-3363	489	4	that	that	SCONJ
cjal-3363	489	5	state	state	NOUN
cjal-3363	489	6	ownership	ownership	NOUN
cjal-3363	489	7	provides	provide	VERB
cjal-3363	489	8	more	more	ADV
cjal-3363	489	9	reliable	reliable	ADJ
cjal-3363	489	10	instruments	instrument	NOUN
cjal-3363	489	11	of	of	ADP
cjal-3363	489	12	control	control	NOUN
cjal-3363	489	13	and	and	CCONJ
cjal-3363	489	14	thus	thus	ADV
cjal-3363	489	15	alleviates	alleviate	VERB
cjal-3363	489	16	the	the	DET
cjal-3363	489	17	potential	potential	ADJ
cjal-3363	489	18	difficulty	difficulty	NOUN
cjal-3363	489	19	of	of	ADP
cjal-3363	489	20	enforcing	enforce	VERB
cjal-3363	489	21	regulations	regulation	NOUN
cjal-3363	489	22	.	.	PUNCT
cjal-3363	490	1	the	the	DET
cjal-3363	490	2	electricity	electricity	NOUN
cjal-3363	490	3	tariffs	tariff	NOUN
cjal-3363	490	4	are	be	AUX
cjal-3363	490	5	also	also	ADV
cjal-3363	490	6	regulated	regulate	VERB
cjal-3363	490	7	by	by	ADP
cjal-3363	490	8	the	the	DET
cjal-3363	490	9	national	national	PROPN
cjal-3363	490	10	development	development	PROPN
cjal-3363	490	11	and	and	CCONJ
cjal-3363	490	12	reform	reform	PROPN
cjal-3363	490	13	committee	committee	PROPN
cjal-3363	490	14	(	(	PUNCT
cjal-3363	490	15	ndrc	ndrc	PROPN
cjal-3363	490	16	)	)	PUNCT
cjal-3363	490	17	,	,	PUNCT
cjal-3363	490	18	a	a	DET
cjal-3363	490	19	branch	branch	NOUN
cjal-3363	490	20	of	of	ADP
cjal-3363	490	21	the	the	DET
cjal-3363	490	22	state	state	NOUN
cjal-3363	490	23	council	council	NOUN
cjal-3363	490	24	,	,	PUNCT
cjal-3363	490	25	because	because	SCONJ
cjal-3363	490	26	an	an	DET
cjal-3363	490	27	electrical	electrical	ADJ
cjal-3363	490	28	grid	grid	NOUN
cjal-3363	490	29	is	be	AUX
cjal-3363	490	30	a	a	DET
cjal-3363	490	31	natural	natural	ADJ
cjal-3363	490	32	monopoly	monopoly	NOUN
cjal-3363	490	33	.	.	PUNCT
cjal-3363	491	1	typical	typical	ADJ
cjal-3363	491	2	natural	natural	ADJ
cjal-3363	491	3	monopolies	monopoly	NOUN
cjal-3363	491	4	include	include	VERB
cjal-3363	491	5	water	water	NOUN
cjal-3363	491	6	networks	network	NOUN
cjal-3363	491	7	,	,	PUNCT
cjal-3363	491	8	telecommunications	telecommunication	NOUN
cjal-3363	491	9	,	,	PUNCT
cjal-3363	491	10	railroads	railroad	NOUN
cjal-3363	491	11	,	,	PUNCT
cjal-3363	491	12	electric	electric	ADJ
cjal-3363	491	13	grids	grid	NOUN
cjal-3363	491	14	,	,	PUNCT
cjal-3363	491	15	and	and	CCONJ
cjal-3363	491	16	public	public	ADJ
cjal-3363	491	17	highways.98	highways.98	NOUN
cjal-3363	491	18	in	in	ADP
cjal-3363	491	19	these	these	DET
cjal-3363	491	20	industries	industry	NOUN
cjal-3363	491	21	,	,	PUNCT
cjal-3363	491	22	it	it	PRON
cjal-3363	491	23	is	be	AUX
cjal-3363	491	24	efficient	efficient	ADJ
cjal-3363	491	25	to	to	PART
cjal-3363	491	26	have	have	VERB
cjal-3363	491	27	only	only	ADV
cjal-3363	491	28	one	one	NUM
cjal-3363	491	29	provider	provider	NOUN
cjal-3363	491	30	of	of	ADP
cjal-3363	491	31	products	product	NOUN
cjal-3363	491	32	and	and	CCONJ
cjal-3363	491	33	services	service	NOUN
cjal-3363	491	34	in	in	ADP
cjal-3363	491	35	a	a	DET
cjal-3363	491	36	certain	certain	ADJ
cjal-3363	491	37	area.99	area.99	NOUN
cjal-3363	491	38	unregulated	unregulated	ADJ
cjal-3363	491	39	natural	natural	ADJ
cjal-3363	491	40	monopolies	monopoly	NOUN
cjal-3363	491	41	may	may	AUX
cjal-3363	491	42	cause	cause	VERB
cjal-3363	491	43	social	social	ADJ
cjal-3363	491	44	efficiency	efficiency	NOUN
cjal-3363	491	45	loss	loss	NOUN
cjal-3363	491	46	.	.	PUNCT
cjal-3363	492	1	the	the	DET
cjal-3363	492	2	regulation	regulation	NOUN
cjal-3363	492	3	of	of	ADP
cjal-3363	492	4	electricity	electricity	NOUN
cjal-3363	492	5	tariffs	tariff	NOUN
cjal-3363	492	6	in	in	ADP
cjal-3363	492	7	china	china	PROPN
cjal-3363	492	8	takes	take	VERB
cjal-3363	492	9	the	the	DET
cjal-3363	492	10	form	form	NOUN
cjal-3363	492	11	of	of	ADP
cjal-3363	492	12	a	a	DET
cjal-3363	492	13	cost	cost	NOUN
cjal-3363	492	14	-	-	PUNCT
cjal-3363	492	15	of	of	ADP
cjal-3363	492	16	-	-	PUNCT
cjal-3363	492	17	service	service	NOUN
cjal-3363	492	18	regulation	regulation	NOUN
cjal-3363	492	19	.	.	PUNCT
cjal-3363	493	1	the	the	DET
cjal-3363	493	2	state	state	NOUN
cjal-3363	493	3	needs	need	VERB
cjal-3363	493	4	to	to	PART
cjal-3363	493	5	set	set	VERB
cjal-3363	493	6	the	the	DET
cjal-3363	493	7	tariffs	tariff	NOUN
cjal-3363	493	8	at	at	ADP
cjal-3363	493	9	the	the	DET
cjal-3363	493	10	level	level	NOUN
cjal-3363	493	11	that	that	PRON
cjal-3363	493	12	allows	allow	VERB
cjal-3363	493	13	the	the	DET
cjal-3363	493	14	enterprises	enterprise	NOUN
cjal-3363	493	15	to	to	PART
cjal-3363	493	16	recover	recover	VERB
cjal-3363	493	17	their	their	PRON
cjal-3363	493	18	costs	cost	NOUN
cjal-3363	493	19	and	and	CCONJ
cjal-3363	493	20	to	to	PART
cjal-3363	493	21	earn	earn	VERB
cjal-3363	493	22	a	a	DET
cjal-3363	493	23	certain	certain	ADJ
cjal-3363	493	24	investment	investment	NOUN
cjal-3363	493	25	return	return	NOUN
cjal-3363	493	26	.	.	PUNCT
cjal-3363	494	1	this	this	PRON
cjal-3363	494	2	requires	require	VERB
cjal-3363	494	3	regulators	regulator	NOUN
cjal-3363	494	4	to	to	PART
cjal-3363	494	5	inspect	inspect	VERB
cjal-3363	494	6	the	the	DET
cjal-3363	494	7	costs	cost	NOUN
cjal-3363	494	8	of	of	ADP
cjal-3363	494	9	the	the	DET
cjal-3363	494	10	grid	grid	NOUN
cjal-3363	494	11	companies	company	NOUN
cjal-3363	494	12	,	,	PUNCT
cjal-3363	494	13	which	which	PRON
cjal-3363	494	14	may	may	AUX
cjal-3363	494	15	be	be	AUX
cjal-3363	494	16	costlier	costly	ADJ
cjal-3363	494	17	when	when	SCONJ
cjal-3363	494	18	the	the	DET
cjal-3363	494	19	grid	grid	NOUN
cjal-3363	494	20	company	company	NOUN
cjal-3363	494	21	is	be	AUX
cjal-3363	494	22	privately	privately	ADV
cjal-3363	494	23	owned	own	VERB
cjal-3363	494	24	.	.	PUNCT
cjal-3363	495	1	in	in	ADP
cjal-3363	495	2	regulating	regulate	VERB
cjal-3363	495	3	the	the	DET
cjal-3363	495	4	electricity	electricity	NOUN
cjal-3363	495	5	tariffs	tariff	NOUN
cjal-3363	495	6	,	,	PUNCT
cjal-3363	495	7	the	the	DET
cjal-3363	495	8	government	government	NOUN
cjal-3363	495	9	also	also	ADV
cjal-3363	495	10	has	have	VERB
cjal-3363	495	11	important	important	ADJ
cjal-3363	495	12	interests	interest	NOUN
cjal-3363	495	13	in	in	ADP
cjal-3363	495	14	redistribution	redistribution	NOUN
cjal-3363	495	15	.	.	PUNCT
cjal-3363	496	1	it	it	PRON
cjal-3363	496	2	charges	charge	VERB
cjal-3363	496	3	a	a	DET
cjal-3363	496	4	higher	high	ADJ
cjal-3363	496	5	price	price	NOUN
cjal-3363	496	6	for	for	ADP
cjal-3363	496	7	commercial	commercial	ADJ
cjal-3363	496	8	and	and	CCONJ
cjal-3363	496	9	industrial	industrial	ADJ
cjal-3363	496	10	use	use	NOUN
cjal-3363	496	11	and	and	CCONJ
cjal-3363	496	12	users	user	NOUN
cjal-3363	496	13	in	in	ADP
cjal-3363	496	14	urban	urban	ADJ
cjal-3363	496	15	areas	area	NOUN
cjal-3363	496	16	,	,	PUNCT
cjal-3363	496	17	and	and	CCONJ
cjal-3363	496	18	a	a	DET
cjal-3363	496	19	relatively	relatively	ADV
cjal-3363	496	20	lower	low	ADJ
cjal-3363	496	21	price	price	NOUN
cjal-3363	496	22	for	for	ADP
cjal-3363	496	23	residential	residential	ADJ
cjal-3363	496	24	users	user	NOUN
cjal-3363	496	25	and	and	CCONJ
cjal-3363	496	26	users	user	NOUN
cjal-3363	496	27	in	in	ADP
cjal-3363	496	28	the	the	DET
cjal-3363	496	29	rural	rural	ADJ
cjal-3363	496	30	areas	area	NOUN
cjal-3363	496	31	.	.	PUNCT
cjal-3363	497	1	moreover	moreover	ADV
cjal-3363	497	2	,	,	PUNCT
cjal-3363	497	3	the	the	DET
cjal-3363	497	4	grid	grid	NOUN
cjal-3363	497	5	companies	company	NOUN
cjal-3363	497	6	need	need	VERB
cjal-3363	497	7	to	to	PART
cjal-3363	497	8	ensure	ensure	VERB
cjal-3363	497	9	the	the	DET
cjal-3363	497	10	electricity	electricity	NOUN
cjal-3363	497	11	supply	supply	NOUN
cjal-3363	497	12	to	to	ADP
cjal-3363	497	13	rural	rural	ADJ
cjal-3363	497	14	areas	area	NOUN
cjal-3363	497	15	where	where	SCONJ
cjal-3363	497	16	the	the	DET
cjal-3363	497	17	costs	cost	NOUN
cjal-3363	497	18	of	of	ADP
cjal-3363	497	19	supplying	supply	VERB
cjal-3363	497	20	electricity	electricity	NOUN
cjal-3363	497	21	exceed	exceed	VERB
cjal-3363	497	22	the	the	DET
cjal-3363	497	23	potential	potential	ADJ
cjal-3363	497	24	gains.100	gains.100	NOUN
cjal-3363	497	25	using	use	VERB
cjal-3363	497	26	state	state	NOUN
cjal-3363	497	27	-	-	PUNCT
cjal-3363	497	28	owned	own	VERB
cjal-3363	497	29	grid	grid	NOUN
cjal-3363	497	30	companies	company	NOUN
cjal-3363	497	31	to	to	PART
cjal-3363	497	32	subsidize	subsidize	VERB
cjal-3363	497	33	the	the	DET
cjal-3363	497	34	poor	poor	ADJ
cjal-3363	497	35	may	may	AUX
cjal-3363	497	36	be	be	AUX
cjal-3363	497	37	a	a	DET
cjal-3363	497	38	more	more	ADV
cjal-3363	497	39	efficient	efficient	ADJ
cjal-3363	497	40	way	way	NOUN
cjal-3363	497	41	of	of	ADP
cjal-3363	497	42	redistribution	redistribution	NOUN
cjal-3363	497	43	than	than	ADP
cjal-3363	497	44	an	an	DET
cjal-3363	497	45	income	income	NOUN
cjal-3363	497	46	tax	tax	NOUN
cjal-3363	497	47	on	on	ADP
cjal-3363	497	48	the	the	DET
cjal-3363	497	49	rich	rich	ADJ
cjal-3363	497	50	and	and	CCONJ
cjal-3363	497	51	subsidies	subsidy	NOUN
cjal-3363	497	52	to	to	ADP
cjal-3363	497	53	the	the	DET
cjal-3363	497	54	poor.101	poor.101	PROPN
cjal-3363	497	55	97	97	NUM
cjal-3363	497	56	see	see	VERB
cjal-3363	497	57	generally	generally	ADV
cjal-3363	497	58	i	i	PRON
cjal-3363	497	59	d.	d.	PROPN
cjal-3363	497	60	98	98	NUM
cjal-3363	497	61	paul	paul	PROPN
cjal-3363	497	62	.	.	PUNCT
cjal-3363	498	1	l.	l.	PROPN
cjal-3363	498	2	joskow	joskow	PROPN
cjal-3363	498	3	,	,	PUNCT
cjal-3363	498	4	regulation	regulation	NOUN
cjal-3363	498	5	of	of	ADP
cjal-3363	498	6	natural	natural	ADJ
cjal-3363	498	7	monopoly	monopoly	NOUN
cjal-3363	498	8	,	,	PUNCT
cjal-3363	498	9	in	in	ADP
cjal-3363	498	10	handbook	handbook	NOUN
cjal-3363	498	11	of	of	ADP
cjal-3363	498	12	law	law	NOUN
cjal-3363	498	13	and	and	CCONJ
cjal-3363	498	14	economics	economic	NOUN
cjal-3363	498	15	(	(	PUNCT
cjal-3363	498	16	a.	a.	PROPN
cjal-3363	498	17	mitchell	mitchell	PROPN
cjal-3363	498	18	polinski	polinski	PROPN
cjal-3363	498	19	&	&	CCONJ
cjal-3363	498	20	steven	steven	PROPN
cjal-3363	498	21	shavell	shavell	PROPN
cjal-3363	498	22	eds	eds	PROPN
cjal-3363	498	23	.	.	PROPN
cjal-3363	498	24	,	,	PUNCT
cjal-3363	498	25	2d	2d	PROPN
cjal-3363	498	26	ed	ed	NOUN
cjal-3363	498	27	.	.	PROPN
cjal-3363	498	28	2007	2007	NUM
cjal-3363	498	29	)	)	PUNCT
cjal-3363	498	30	1227	1227	NUM
cjal-3363	498	31	,	,	PUNCT
cjal-3363	498	32	1232	1232	NUM
cjal-3363	498	33	.	.	PUNCT
cjal-3363	499	1	99	99	NUM
cjal-3363	500	1	i	i	PRON
cjal-3363	500	2	d.	d.	PROPN
cjal-3363	500	3	100	100	NUM
cjal-3363	500	4	2014	2014	NUM
cjal-3363	500	5	guojia	guojia	NOUN
cjal-3363	500	6	dianwang	dianwang	PROPN
cjal-3363	500	7	gongsi	gongsi	PROPN
cjal-3363	500	8	shehui	shehui	PROPN
cjal-3363	500	9	zeren	zeren	PROPN
cjal-3363	500	10	baogao(2014	baogao(2014	PROPN
cjal-3363	500	11	国家电网公司社会责任报告)[2014state	国家电网公司社会责任报告)[2014state	PROPN
cjal-3363	500	12	grid	grid	NOUN
cjal-3363	500	13	corporation	corporation	NOUN
cjal-3363	500	14	of	of	ADP
cjal-3363	500	15	china	china	PROPN
cjal-3363	500	16	report	report	PROPN
cjal-3363	500	17	on	on	ADP
cjal-3363	500	18	social	social	ADJ
cjal-3363	500	19	responsibilities](hereinafter	responsibilities](hereinafter	NOUN
cjal-3363	500	20	referred	refer	VERB
cjal-3363	500	21	to	to	ADP
cjal-3363	500	22	as	as	ADP
cjal-3363	500	23	“	"	PUNCT
cjal-3363	500	24	state	state	NOUN
cjal-3363	500	25	grid	grid	NOUN
cjal-3363	500	26	report	report	NOUN
cjal-3363	500	27	”	"	PUNCT
cjal-3363	500	28	)	)	PUNCT
cjal-3363	500	29	,	,	PUNCT
cjal-3363	500	30	http://www.sgcc.com.cn/csr/images/reports/2015/01/30/705546097fa340017bb198fe1297cbf6.pdf	http://www.sgcc.com.cn/csr/images/reports/2015/01/30/705546097fa340017bb198fe1297cbf6.pdf	NOUN
cjal-3363	500	31	,	,	PUNCT
cjal-3363	500	32	nov	nov	PROPN
cjal-3363	500	33	.	.	PROPN
cjal-3363	500	34	22	22	NUM
cjal-3363	500	35	,	,	PUNCT
cjal-3363	500	36	2015	2015	NUM
cjal-3363	500	37	last	last	ADV
cjal-3363	500	38	visited	visit	VERB
cjal-3363	500	39	,	,	PUNCT
cjal-3363	500	40	at	at	ADP
cjal-3363	500	41	38	38	NUM
cjal-3363	500	42	.	.	PUNCT
cjal-3363	501	1	101	101	NUM
cjal-3363	501	2	income	income	NOUN
cjal-3363	501	3	tax	tax	NOUN
cjal-3363	501	4	may	may	AUX
cjal-3363	501	5	distort	distort	VERB
cjal-3363	501	6	people	people	NOUN
cjal-3363	501	7	’s	’s	PART
cjal-3363	501	8	behavior	behavior	NOUN
cjal-3363	501	9	in	in	ADP
cjal-3363	501	10	labor	labor	NOUN
cjal-3363	501	11	.	.	PUNCT
cjal-3363	502	1	the	the	DET
cjal-3363	502	2	choice	choice	NOUN
cjal-3363	502	3	between	between	ADP
cjal-3363	502	4	subsidy	subsidy	NOUN
cjal-3363	502	5	through	through	ADP
cjal-3363	502	6	electricity	electricity	NOUN
cjal-3363	502	7	price	price	NOUN
cjal-3363	502	8	and	and	CCONJ
cjal-3363	502	9	income	income	NOUN
cjal-3363	502	10	tax	tax	NOUN
cjal-3363	502	11	depends	depend	VERB
cjal-3363	502	12	on	on	ADP
cjal-3363	502	13	the	the	DET
cjal-3363	502	14	elasticity	elasticity	NOUN
cjal-3363	502	15	of	of	ADP
cjal-3363	502	16	electricity	electricity	NOUN
cjal-3363	502	17	demand	demand	NOUN
cjal-3363	502	18	and	and	CCONJ
cjal-3363	502	19	labor	labor	NOUN
cjal-3363	502	20	supply	supply	NOUN
cjal-3363	502	21	.	.	PUNCT
cjal-3363	503	1	see	see	VERB
cjal-3363	503	2	generally	generally	ADV
cjal-3363	503	3	zachary	zachary	ADJ
cjal-3363	503	4	liscow	liscow	NOUN
cjal-3363	503	5	,	,	PUNCT
cjal-3363	503	6	2017	2017	NUM
cjal-3363	503	7	]	]	PUNCT
cjal-3363	503	8	state	state	NOUN
cjal-3363	503	9	ownership	ownership	NOUN
cjal-3363	503	10	and	and	CCONJ
cjal-3363	503	11	regulatory	regulatory	ADJ
cjal-3363	503	12	costs	cost	NOUN
cjal-3363	503	13	25	25	NUM
cjal-3363	503	14	apart	apart	ADV
cjal-3363	503	15	from	from	ADP
cjal-3363	503	16	redistribution	redistribution	NOUN
cjal-3363	503	17	,	,	PUNCT
cjal-3363	503	18	china	china	PROPN
cjal-3363	503	19	also	also	ADV
cjal-3363	503	20	uses	use	VERB
cjal-3363	503	21	cross	cross	NOUN
cjal-3363	503	22	-	-	NOUN
cjal-3363	503	23	subsidization	subsidization	NOUN
cjal-3363	503	24	to	to	PART
cjal-3363	503	25	promote	promote	VERB
cjal-3363	503	26	green	green	ADJ
cjal-3363	503	27	energy	energy	NOUN
cjal-3363	503	28	.	.	PUNCT
cjal-3363	504	1	china	china	PROPN
cjal-3363	504	2	sets	set	VERB
cjal-3363	504	3	lower	low	ADJ
cjal-3363	504	4	tariffs	tariff	NOUN
cjal-3363	504	5	for	for	ADP
cjal-3363	504	6	coal	coal	NOUN
cjal-3363	504	7	-	-	PUNCT
cjal-3363	504	8	fired	fire	VERB
cjal-3363	504	9	power	power	NOUN
cjal-3363	504	10	-	-	PUNCT
cjal-3363	504	11	generating	generate	VERB
cjal-3363	504	12	companies	company	NOUN
cjal-3363	504	13	than	than	ADP
cjal-3363	504	14	for	for	ADP
cjal-3363	504	15	companies	company	NOUN
cjal-3363	504	16	using	use	VERB
cjal-3363	504	17	cleanenergy	cleanenergy	NOUN
cjal-3363	504	18	resources	resource	NOUN
cjal-3363	504	19	in	in	ADP
cjal-3363	504	20	order	order	NOUN
cjal-3363	504	21	to	to	PART
cjal-3363	504	22	discourage	discourage	VERB
cjal-3363	504	23	the	the	DET
cjal-3363	504	24	use	use	NOUN
cjal-3363	504	25	of	of	ADP
cjal-3363	504	26	coal.102	coal.102	PROPN
cjal-3363	504	27	cross	cross	NOUN
cjal-3363	504	28	-	-	NOUN
cjal-3363	504	29	subsidizations	subsidization	NOUN
cjal-3363	504	30	create	create	VERB
cjal-3363	504	31	difficulties	difficulty	NOUN
cjal-3363	504	32	for	for	ADP
cjal-3363	504	33	the	the	DET
cjal-3363	504	34	privatization	privatization	NOUN
cjal-3363	504	35	of	of	ADP
cjal-3363	504	36	grid	grid	NOUN
cjal-3363	504	37	companies	company	NOUN
cjal-3363	504	38	.	.	PUNCT
cjal-3363	505	1	private	private	ADJ
cjal-3363	505	2	grid	grid	NOUN
cjal-3363	505	3	companies	company	NOUN
cjal-3363	505	4	may	may	AUX
cjal-3363	505	5	not	not	PART
cjal-3363	505	6	accept	accept	VERB
cjal-3363	505	7	low	low	ADJ
cjal-3363	505	8	tariffs	tariff	NOUN
cjal-3363	505	9	or	or	CCONJ
cjal-3363	505	10	invest	invest	VERB
cjal-3363	505	11	in	in	ADP
cjal-3363	505	12	rural	rural	ADJ
cjal-3363	505	13	grid	grid	NOUN
cjal-3363	505	14	infrastructure	infrastructure	NOUN
cjal-3363	505	15	unless	unless	SCONJ
cjal-3363	505	16	they	they	PRON
cjal-3363	505	17	receive	receive	VERB
cjal-3363	505	18	sufficient	sufficient	ADJ
cjal-3363	505	19	subsidies	subsidy	NOUN
cjal-3363	505	20	from	from	ADP
cjal-3363	505	21	the	the	DET
cjal-3363	505	22	state	state	NOUN
cjal-3363	505	23	,	,	PUNCT
cjal-3363	505	24	which	which	PRON
cjal-3363	505	25	would	would	AUX
cjal-3363	505	26	make	make	VERB
cjal-3363	505	27	it	it	PRON
cjal-3363	505	28	more	more	ADV
cjal-3363	505	29	difficult	difficult	ADJ
cjal-3363	505	30	to	to	PART
cjal-3363	505	31	enforce	enforce	VERB
cjal-3363	505	32	price	price	NOUN
cjal-3363	505	33	regulation	regulation	NOUN
cjal-3363	505	34	.	.	PUNCT
cjal-3363	506	1	the	the	DET
cjal-3363	506	2	state	state	NOUN
cjal-3363	506	3	may	may	AUX
cjal-3363	506	4	be	be	AUX
cjal-3363	506	5	reluctant	reluctant	ADJ
cjal-3363	506	6	to	to	PART
cjal-3363	506	7	subsidize	subsidize	VERB
cjal-3363	506	8	them	they	PRON
cjal-3363	506	9	because	because	SCONJ
cjal-3363	506	10	it	it	PRON
cjal-3363	506	11	lacks	lack	VERB
cjal-3363	506	12	capacity	capacity	NOUN
cjal-3363	506	13	in	in	ADP
cjal-3363	506	14	inspecting	inspect	VERB
cjal-3363	506	15	the	the	DET
cjal-3363	506	16	costs	cost	NOUN
cjal-3363	506	17	of	of	ADP
cjal-3363	506	18	the	the	DET
cjal-3363	506	19	enterprises	enterprise	NOUN
cjal-3363	506	20	and	and	CCONJ
cjal-3363	506	21	determining	determine	VERB
cjal-3363	506	22	the	the	DET
cjal-3363	506	23	right	right	ADJ
cjal-3363	506	24	amount	amount	NOUN
cjal-3363	506	25	of	of	ADP
cjal-3363	506	26	subsidization	subsidization	NOUN
cjal-3363	506	27	.	.	PUNCT
cjal-3363	507	1	finally	finally	ADV
cjal-3363	507	2	,	,	PUNCT
cjal-3363	507	3	the	the	DET
cjal-3363	507	4	state	state	NOUN
cjal-3363	507	5	may	may	AUX
cjal-3363	507	6	also	also	ADV
cjal-3363	507	7	be	be	AUX
cjal-3363	507	8	concerned	concern	VERB
cjal-3363	507	9	with	with	ADP
cjal-3363	507	10	difficulties	difficulty	NOUN
cjal-3363	507	11	in	in	ADP
cjal-3363	507	12	enforcing	enforce	VERB
cjal-3363	507	13	environmental	environmental	ADJ
cjal-3363	507	14	regulations	regulation	NOUN
cjal-3363	507	15	against	against	ADP
cjal-3363	507	16	private	private	ADJ
cjal-3363	507	17	enterprises	enterprise	NOUN
cjal-3363	507	18	.	.	PUNCT
cjal-3363	508	1	environmental	environmental	ADJ
cjal-3363	508	2	protection	protection	NOUN
cjal-3363	508	3	is	be	AUX
cjal-3363	508	4	a	a	DET
cjal-3363	508	5	major	major	ADJ
cjal-3363	508	6	concern	concern	NOUN
cjal-3363	508	7	for	for	ADP
cjal-3363	508	8	powergeneration	powergeneration	NOUN
cjal-3363	508	9	companies	company	NOUN
cjal-3363	508	10	as	as	ADV
cjal-3363	508	11	well	well	ADV
cjal-3363	508	12	as	as	ADP
cjal-3363	508	13	for	for	ADP
cjal-3363	508	14	grid	grid	NOUN
cjal-3363	508	15	companies	company	NOUN
cjal-3363	508	16	.	.	PUNCT
cjal-3363	509	1	since	since	SCONJ
cjal-3363	509	2	regulatory	regulatory	ADJ
cjal-3363	509	3	capacity	capacity	NOUN
cjal-3363	509	4	in	in	ADP
cjal-3363	509	5	china	china	PROPN
cjal-3363	509	6	is	be	AUX
cjal-3363	509	7	relatively	relatively	ADV
cjal-3363	509	8	weak	weak	ADJ
cjal-3363	509	9	,	,	PUNCT
cjal-3363	509	10	the	the	DET
cjal-3363	509	11	chinese	chinese	ADJ
cjal-3363	509	12	government	government	NOUN
cjal-3363	509	13	may	may	AUX
cjal-3363	509	14	believe	believe	VERB
cjal-3363	509	15	that	that	SCONJ
cjal-3363	509	16	soes	soe	NOUN
cjal-3363	509	17	give	give	VERB
cjal-3363	509	18	more	more	ADJ
cjal-3363	509	19	incentives	incentive	NOUN
cjal-3363	509	20	to	to	PART
cjal-3363	509	21	address	address	VERB
cjal-3363	509	22	environmental	environmental	ADJ
cjal-3363	509	23	concerns.103	concerns.103	PROPN
cjal-3363	509	24	2	2	NUM
cjal-3363	509	25	.	.	PUNCT
cjal-3363	509	26	coal	coal	NOUN
cjal-3363	509	27	mining	mining	NOUN
cjal-3363	509	28	in	in	ADP
cjal-3363	509	29	the	the	DET
cjal-3363	509	30	coal	coal	NOUN
cjal-3363	509	31	mining	mining	NOUN
cjal-3363	509	32	industry	industry	NOUN
cjal-3363	509	33	,	,	PUNCT
cjal-3363	509	34	safety	safety	NOUN
cjal-3363	509	35	regulation	regulation	NOUN
cjal-3363	509	36	is	be	AUX
cjal-3363	509	37	a	a	DET
cjal-3363	509	38	main	main	ADJ
cjal-3363	509	39	concern	concern	NOUN
cjal-3363	509	40	.	.	PUNCT
cjal-3363	510	1	a	a	DET
cjal-3363	510	2	crucial	crucial	ADJ
cjal-3363	510	3	part	part	NOUN
cjal-3363	510	4	of	of	ADP
cjal-3363	510	5	safety	safety	NOUN
cjal-3363	510	6	regulation	regulation	NOUN
cjal-3363	510	7	is	be	AUX
cjal-3363	510	8	the	the	DET
cjal-3363	510	9	determination	determination	NOUN
cjal-3363	510	10	of	of	ADP
cjal-3363	510	11	the	the	DET
cjal-3363	510	12	standard	standard	NOUN
cjal-3363	510	13	of	of	ADP
cjal-3363	510	14	care	care	NOUN
cjal-3363	510	15	and	and	CCONJ
cjal-3363	510	16	level	level	NOUN
cjal-3363	510	17	of	of	ADP
cjal-3363	510	18	liabilities	liability	NOUN
cjal-3363	510	19	.	.	PUNCT
cjal-3363	511	1	the	the	DET
cjal-3363	511	2	bargaining	bargaining	NOUN
cjal-3363	511	3	and	and	CCONJ
cjal-3363	511	4	enactment	enactment	NOUN
cjal-3363	511	5	costs	cost	NOUN
cjal-3363	511	6	of	of	ADP
cjal-3363	511	7	determining	determine	VERB
cjal-3363	511	8	these	these	DET
cjal-3363	511	9	standards	standard	NOUN
cjal-3363	511	10	may	may	AUX
cjal-3363	511	11	be	be	AUX
cjal-3363	511	12	significant	significant	ADJ
cjal-3363	511	13	.	.	PUNCT
cjal-3363	512	1	to	to	PART
cjal-3363	512	2	adequately	adequately	ADV
cjal-3363	512	3	compensate	compensate	VERB
cjal-3363	512	4	workers	worker	NOUN
cjal-3363	512	5	and	and	CCONJ
cjal-3363	512	6	their	their	PRON
cjal-3363	512	7	families	family	NOUN
cjal-3363	512	8	for	for	ADP
cjal-3363	512	9	work	work	NOUN
cjal-3363	512	10	injuries	injury	NOUN
cjal-3363	512	11	,	,	PUNCT
cjal-3363	512	12	the	the	DET
cjal-3363	512	13	state	state	NOUN
cjal-3363	512	14	needs	need	VERB
cjal-3363	512	15	to	to	PART
cjal-3363	512	16	engage	engage	VERB
cjal-3363	512	17	in	in	ADP
cjal-3363	512	18	the	the	DET
cjal-3363	512	19	difficult	difficult	ADJ
cjal-3363	512	20	calculation	calculation	NOUN
cjal-3363	512	21	of	of	ADP
cjal-3363	512	22	the	the	DET
cjal-3363	512	23	value	value	NOUN
cjal-3363	512	24	of	of	ADP
cjal-3363	512	25	life.104	life.104	PROPN
cjal-3363	512	26	one	one	NUM
cjal-3363	512	27	possible	possible	ADJ
cjal-3363	512	28	solution	solution	NOUN
cjal-3363	512	29	is	be	AUX
cjal-3363	512	30	to	to	PART
cjal-3363	512	31	calculate	calculate	VERB
cjal-3363	512	32	lost	lose	VERB
cjal-3363	512	33	future	future	ADJ
cjal-3363	512	34	wages.105	wages.105	NOUN
cjal-3363	512	35	while	while	SCONJ
cjal-3363	512	36	this	this	DET
cjal-3363	512	37	method	method	NOUN
cjal-3363	512	38	reducing	reduce	VERB
cjal-3363	512	39	inequality	inequality	NOUN
cjal-3363	512	40	on	on	ADP
cjal-3363	512	41	the	the	DET
cjal-3363	512	42	cheap	cheap	ADJ
cjal-3363	512	43	:	:	PUNCT
cjal-3363	512	44	when	when	SCONJ
cjal-3363	512	45	legal	legal	ADJ
cjal-3363	512	46	rule	rule	NOUN
cjal-3363	512	47	design	design	NOUN
cjal-3363	512	48	should	should	AUX
cjal-3363	512	49	incorporate	incorporate	VERB
cjal-3363	512	50	equity	equity	NOUN
cjal-3363	512	51	as	as	ADV
cjal-3363	512	52	well	well	ADV
cjal-3363	512	53	as	as	ADP
cjal-3363	512	54	efficiency	efficiency	NOUN
cjal-3363	512	55	,	,	PUNCT
cjal-3363	512	56	123	123	NUM
cjal-3363	512	57	yale	yale	PROPN
cjal-3363	512	58	l.j	l.j	PROPN
cjal-3363	512	59	.	.	PROPN
cjal-3363	512	60	2478	2478	NUM
cjal-3363	512	61	,	,	PUNCT
cjal-3363	512	62	2482	2482	NUM
cjal-3363	512	63	(	(	PUNCT
cjal-3363	512	64	2014	2014	NUM
cjal-3363	512	65	)	)	PUNCT
cjal-3363	512	66	.	.	PUNCT
cjal-3363	513	1	102	102	NUM
cjal-3363	513	2	jinlong	jinlong	PROPN
cjal-3363	513	3	ma	ma	PROPN
cjal-3363	513	4	,	,	PUNCT
cjal-3363	513	5	on	on	ADP
cjal-3363	513	6	-	-	PUNCT
cjal-3363	513	7	grid	grid	NOUN
cjal-3363	513	8	electricity	electricity	NOUN
cjal-3363	513	9	tariffs	tariff	NOUN
cjal-3363	513	10	in	in	ADP
cjal-3363	513	11	china	china	PROPN
cjal-3363	513	12	:	:	PUNCT
cjal-3363	513	13	development	development	NOUN
cjal-3363	513	14	,	,	PUNCT
cjal-3363	513	15	reform	reform	NOUN
cjal-3363	513	16	and	and	CCONJ
cjal-3363	513	17	prospects	prospect	NOUN
cjal-3363	513	18	,	,	PUNCT
cjal-3363	513	19	39	39	NUM
cjal-3363	513	20	energy	energy	NOUN
cjal-3363	513	21	pol’y	pol’y	NOUN
cjal-3363	513	22	2633	2633	NUM
cjal-3363	513	23	,	,	PUNCT
cjal-3363	513	24	2636	2636	NUM
cjal-3363	513	25	(	(	PUNCT
cjal-3363	513	26	2011	2011	NUM
cjal-3363	513	27	)	)	PUNCT
cjal-3363	513	28	.	.	PUNCT
cjal-3363	513	29	103	103	NUM
cjal-3363	513	30	currently	currently	ADV
cjal-3363	513	31	,	,	PUNCT
cjal-3363	513	32	both	both	PRON
cjal-3363	513	33	of	of	ADP
cjal-3363	513	34	the	the	DET
cjal-3363	513	35	grid	grid	NOUN
cjal-3363	513	36	companies	company	NOUN
cjal-3363	513	37	have	have	AUX
cjal-3363	513	38	included	include	VERB
cjal-3363	513	39	environmental	environmental	ADJ
cjal-3363	513	40	protection	protection	NOUN
cjal-3363	513	41	in	in	ADP
cjal-3363	513	42	their	their	PRON
cjal-3363	513	43	social	social	ADJ
cjal-3363	513	44	responsibilities	responsibility	NOUN
cjal-3363	513	45	reports	report	NOUN
cjal-3363	513	46	and	and	CCONJ
cjal-3363	513	47	stated	state	VERB
cjal-3363	513	48	that	that	SCONJ
cjal-3363	513	49	they	they	PRON
cjal-3363	513	50	will	will	AUX
cjal-3363	513	51	reduce	reduce	VERB
cjal-3363	513	52	the	the	DET
cjal-3363	513	53	use	use	NOUN
cjal-3363	513	54	of	of	ADP
cjal-3363	513	55	fossil	fossil	ADJ
cjal-3363	513	56	fuels	fuel	NOUN
cjal-3363	513	57	and	and	CCONJ
cjal-3363	513	58	pursue	pursue	VERB
cjal-3363	513	59	new	new	ADJ
cjal-3363	513	60	energy	energy	NOUN
cjal-3363	513	61	.	.	PUNCT
cjal-3363	514	1	see	see	VERB
cjal-3363	514	2	south	south	ADJ
cjal-3363	514	3	power	power	NOUN
cjal-3363	514	4	grid	grid	NOUN
cjal-3363	514	5	report	report	NOUN
cjal-3363	514	6	.	.	PUNCT
cjal-3363	515	1	state	state	NOUN
cjal-3363	515	2	grid	grid	NOUN
cjal-3363	515	3	report	report	NOUN
cjal-3363	515	4	,	,	PUNCT
cjal-3363	515	5	at	at	ADP
cjal-3363	515	6	54	54	NUM
cjal-3363	515	7	.	.	PUNCT
cjal-3363	515	8	104	104	NUM
cjal-3363	515	9	in	in	ADP
cjal-3363	515	10	the	the	DET
cjal-3363	515	11	united	united	PROPN
cjal-3363	515	12	states	states	PROPN
cjal-3363	515	13	,	,	PUNCT
cjal-3363	515	14	for	for	ADP
cjal-3363	515	15	example	example	NOUN
cjal-3363	515	16	,	,	PUNCT
cjal-3363	515	17	many	many	ADJ
cjal-3363	515	18	states	state	NOUN
cjal-3363	515	19	enact	enact	VERB
cjal-3363	515	20	statutes	statute	NOUN
cjal-3363	515	21	that	that	PRON
cjal-3363	515	22	grant	grant	VERB
cjal-3363	515	23	a	a	DET
cjal-3363	515	24	fixed	fix	VERB
cjal-3363	515	25	amount	amount	NOUN
cjal-3363	515	26	of	of	ADP
cjal-3363	515	27	compensation	compensation	NOUN
cjal-3363	515	28	for	for	ADP
cjal-3363	515	29	each	each	DET
cjal-3363	515	30	person	person	NOUN
cjal-3363	515	31	for	for	ADP
cjal-3363	515	32	work	work	NOUN
cjal-3363	515	33	injuries	injury	NOUN
cjal-3363	515	34	.	.	PUNCT
cjal-3363	516	1	see	see	VERB
cjal-3363	516	2	richard	richard	PROPN
cjal-3363	516	3	a.	a.	PROPN
cjal-3363	516	4	epstein	epstein	PROPN
cjal-3363	516	5	,	,	PUNCT
cjal-3363	516	6	the	the	DET
cjal-3363	516	7	historical	historical	ADJ
cjal-3363	516	8	origins	origin	NOUN
cjal-3363	516	9	and	and	CCONJ
cjal-3363	516	10	economic	economic	ADJ
cjal-3363	516	11	structure	structure	NOUN
cjal-3363	516	12	of	of	ADP
cjal-3363	516	13	workers	worker	NOUN
cjal-3363	516	14	'	'	PART
cjal-3363	516	15	compensation	compensation	NOUN
cjal-3363	516	16	law	law	NOUN
cjal-3363	516	17	,	,	PUNCT
cjal-3363	516	18	16	16	NUM
cjal-3363	516	19	ga	ga	PROPN
cjal-3363	516	20	.	.	PUNCT
cjal-3363	516	21	l.	l.	PROPN
cjal-3363	516	22	rev	rev	PROPN
cjal-3363	516	23	.	.	PROPN
cjal-3363	516	24	775	775	NUM
cjal-3363	516	25	(	(	PUNCT
cjal-3363	516	26	1982	1982	NUM
cjal-3363	516	27	)	)	PUNCT
cjal-3363	516	28	.	.	PUNCT
cjal-3363	517	1	in	in	ADP
cjal-3363	517	2	china	china	PROPN
cjal-3363	517	3	,	,	PUNCT
cjal-3363	517	4	courts	court	NOUN
cjal-3363	517	5	often	often	ADV
cjal-3363	517	6	find	find	VERB
cjal-3363	517	7	it	it	PRON
cjal-3363	517	8	difficult	difficult	ADJ
cjal-3363	517	9	to	to	PART
cjal-3363	517	10	determine	determine	VERB
cjal-3363	517	11	an	an	DET
cjal-3363	517	12	appropriate	appropriate	ADJ
cjal-3363	517	13	level	level	NOUN
cjal-3363	517	14	of	of	ADP
cjal-3363	517	15	compensation	compensation	NOUN
cjal-3363	517	16	for	for	ADP
cjal-3363	517	17	lives	life	NOUN
cjal-3363	517	18	.	.	PUNCT
cjal-3363	518	1	see	see	VERB
cjal-3363	518	2	zhang	zhang	PROPN
cjal-3363	518	3	xinbao(张新宝	xinbao(张新宝	PROPN
cjal-3363	518	4	)	)	PUNCT
cjal-3363	518	5	,	,	PUNCT
cjal-3363	518	6	“	"	PUNCT
cjal-3363	518	7	qinquan	qinquan	PROPN
cjal-3363	518	8	zeren	zeren	PROPN
cjal-3363	518	9	fa	fa	PROPN
cjal-3363	518	10	”	"	PUNCT
cjal-3363	518	11	siwang	siwang	PROPN
cjal-3363	518	12	peichang	peichang	PROPN
cjal-3363	518	13	zhidu	zhidu	PROPN
cjal-3363	518	14	jiedu(《侵权责任法》死亡赔偿制度解读)[interpretation	jiedu(《侵权责任法》死亡赔偿制度解读)[interpretation	NOUN
cjal-3363	518	15	of	of	ADP
cjal-3363	518	16	the	the	DET
cjal-3363	518	17	death	death	NOUN
cjal-3363	518	18	compensation	compensation	NOUN
cjal-3363	518	19	rules	rule	NOUN
cjal-3363	518	20	in	in	ADP
cjal-3363	518	21	the	the	DET
cjal-3363	518	22	law	law	NOUN
cjal-3363	518	23	on	on	ADP
cjal-3363	518	24	tort	tort	NOUN
cjal-3363	518	25	liabilities	liability	NOUN
cjal-3363	518	26	]	]	PUNCT
cjal-3363	518	27	,	,	PUNCT
cjal-3363	518	28	3	3	NUM
cjal-3363	518	29	zhongguo	zhongguo	PROPN
cjal-3363	518	30	faxue	faxue	NOUN
cjal-3363	518	31	(	(	PUNCT
cjal-3363	518	32	中国法学	中国法学	PROPN
cjal-3363	518	33	)	)	PUNCT
cjal-3363	519	1	[	[	X
cjal-3363	519	2	china	china	PROPN
cjal-3363	519	3	legal	legal	PROPN
cjal-3363	519	4	sci	sci	PROPN
cjal-3363	519	5	.	.	PUNCT
cjal-3363	519	6	]	]	PUNCT
cjal-3363	520	1	22	22	NUM
cjal-3363	520	2	(	(	PUNCT
cjal-3363	520	3	2010	2010	NUM
cjal-3363	520	4	)	)	PUNCT
cjal-3363	520	5	.	.	PUNCT
cjal-3363	521	1	105	105	NUM
cjal-3363	521	2	see	see	VERB
cjal-3363	521	3	zhang	zhang	PROPN
cjal-3363	521	4	xinbao	xinbao	PROPN
cjal-3363	521	5	,	,	PUNCT
cjal-3363	521	6	supra	supra	PROPN
cjal-3363	521	7	note	note	NOUN
cjal-3363	521	8	104	104	NUM
cjal-3363	521	9	.	.	PUNCT
cjal-3363	522	1	columbia	columbia	PROPN
cjal-3363	522	2	journal	journal	PROPN
cjal-3363	522	3	of	of	ADP
cjal-3363	522	4	asian	asian	ADJ
cjal-3363	522	5	law	law	NOUN
cjal-3363	523	1	[	[	X
cjal-3363	523	2	vol	vol	NOUN
cjal-3363	523	3	.	.	PUNCT
cjal-3363	524	1	31:1	31:1	NUM
cjal-3363	524	2	26	26	NUM
cjal-3363	524	3	has	have	VERB
cjal-3363	524	4	the	the	DET
cjal-3363	524	5	advantages	advantage	NOUN
cjal-3363	524	6	of	of	ADP
cjal-3363	524	7	certainty	certainty	NOUN
cjal-3363	524	8	and	and	CCONJ
cjal-3363	524	9	predictability	predictability	NOUN
cjal-3363	524	10	,	,	PUNCT
cjal-3363	524	11	the	the	DET
cjal-3363	524	12	amount	amount	NOUN
cjal-3363	524	13	reached	reach	VERB
cjal-3363	524	14	is	be	AUX
cjal-3363	524	15	usually	usually	ADV
cjal-3363	524	16	small	small	ADJ
cjal-3363	524	17	compared	compare	VERB
cjal-3363	524	18	with	with	ADP
cjal-3363	524	19	the	the	DET
cjal-3363	524	20	large	large	ADJ
cjal-3363	524	21	profits	profit	NOUN
cjal-3363	524	22	of	of	ADP
cjal-3363	524	23	coal	coal	NOUN
cjal-3363	524	24	mines	mine	NOUN
cjal-3363	524	25	,	,	PUNCT
cjal-3363	524	26	and	and	CCONJ
cjal-3363	524	27	has	have	AUX
cjal-3363	524	28	thus	thus	ADV
cjal-3363	524	29	drawn	draw	VERB
cjal-3363	524	30	wide	wide	ADJ
cjal-3363	524	31	criticism.106	criticism.106	PROPN
cjal-3363	524	32	some	some	DET
cjal-3363	524	33	provinces	province	NOUN
cjal-3363	524	34	,	,	PUNCT
cjal-3363	524	35	such	such	ADJ
cjal-3363	524	36	as	as	ADP
cjal-3363	524	37	shanxi	shanxi	PROPN
cjal-3363	524	38	,	,	PUNCT
cjal-3363	524	39	set	set	VERB
cjal-3363	524	40	the	the	DET
cjal-3363	524	41	compensation	compensation	NOUN
cjal-3363	524	42	to	to	PART
cjal-3363	524	43	be	be	AUX
cjal-3363	524	44	200,000	200,000	NUM
cjal-3363	524	45	rmb	rmb	NOUN
cjal-3363	524	46	in	in	ADP
cjal-3363	524	47	2005	2005	NUM
cjal-3363	524	48	,	,	PUNCT
cjal-3363	524	49	a	a	DET
cjal-3363	524	50	standard	standard	NOUN
cjal-3363	524	51	higher	high	ADJ
cjal-3363	524	52	than	than	ADP
cjal-3363	524	53	other	other	ADJ
cjal-3363	524	54	provinces	province	NOUN
cjal-3363	524	55	at	at	ADP
cjal-3363	524	56	the	the	DET
cjal-3363	524	57	time.107	time.107	NUM
cjal-3363	524	58	opinions	opinion	NOUN
cjal-3363	524	59	differed	differ	VERB
cjal-3363	524	60	as	as	ADP
cjal-3363	524	61	to	to	ADP
cjal-3363	524	62	whether	whether	SCONJ
cjal-3363	524	63	the	the	DET
cjal-3363	524	64	higher	high	ADJ
cjal-3363	524	65	compensation	compensation	NOUN
cjal-3363	524	66	was	be	AUX
cjal-3363	524	67	reasonable	reasonable	ADJ
cjal-3363	524	68	,	,	PUNCT
cjal-3363	524	69	since	since	SCONJ
cjal-3363	524	70	it	it	PRON
cjal-3363	524	71	was	be	AUX
cjal-3363	524	72	unclear	unclear	ADJ
cjal-3363	524	73	how	how	SCONJ
cjal-3363	524	74	it	it	PRON
cjal-3363	524	75	was	be	AUX
cjal-3363	524	76	calculated.108	calculated.108	PRON
cjal-3363	524	77	additionally	additionally	ADV
cjal-3363	524	78	,	,	PUNCT
cjal-3363	524	79	enforcement	enforcement	NOUN
cjal-3363	524	80	costs	cost	NOUN
cjal-3363	524	81	,	,	PUNCT
cjal-3363	524	82	including	include	VERB
cjal-3363	524	83	ex	ex	PRON
cjal-3363	524	84	ante	ante	NOUN
cjal-3363	524	85	monitoring	monitoring	NOUN
cjal-3363	524	86	costs	cost	NOUN
cjal-3363	524	87	and	and	CCONJ
cjal-3363	524	88	ex	ex	PRON
cjal-3363	524	89	post	post	NOUN
cjal-3363	524	90	enforcement	enforcement	NOUN
cjal-3363	524	91	costs	cost	NOUN
cjal-3363	524	92	,	,	PUNCT
cjal-3363	524	93	are	be	AUX
cjal-3363	524	94	also	also	ADV
cjal-3363	524	95	considerable	considerable	ADJ
cjal-3363	524	96	.	.	PUNCT
cjal-3363	525	1	private	private	ADJ
cjal-3363	525	2	mines	mine	NOUN
cjal-3363	525	3	may	may	AUX
cjal-3363	525	4	evade	evade	VERB
cjal-3363	525	5	inspection	inspection	NOUN
cjal-3363	525	6	from	from	ADP
cjal-3363	525	7	their	their	PRON
cjal-3363	525	8	regulator	regulator	NOUN
cjal-3363	525	9	and	and	CCONJ
cjal-3363	525	10	are	be	AUX
cjal-3363	525	11	hard	hard	ADJ
cjal-3363	525	12	to	to	PART
cjal-3363	525	13	monitor	monitor	VERB
cjal-3363	525	14	given	give	VERB
cjal-3363	525	15	the	the	DET
cjal-3363	525	16	lack	lack	NOUN
cjal-3363	525	17	of	of	ADP
cjal-3363	525	18	sufficient	sufficient	ADJ
cjal-3363	525	19	human	human	ADJ
cjal-3363	525	20	resources	resource	NOUN
cjal-3363	525	21	and	and	CCONJ
cjal-3363	525	22	the	the	DET
cjal-3363	525	23	sheer	sheer	ADJ
cjal-3363	525	24	number	number	NOUN
cjal-3363	525	25	of	of	ADP
cjal-3363	525	26	mines.109	mines.109	VERB
cjal-3363	525	27	since	since	SCONJ
cjal-3363	525	28	the	the	DET
cjal-3363	525	29	economic	economic	ADJ
cjal-3363	525	30	reform	reform	NOUN
cjal-3363	525	31	in	in	ADP
cjal-3363	525	32	1978	1978	NUM
cjal-3363	525	33	,	,	PUNCT
cjal-3363	525	34	the	the	DET
cjal-3363	525	35	number	number	NOUN
cjal-3363	525	36	of	of	ADP
cjal-3363	525	37	private	private	ADJ
cjal-3363	525	38	coal	coal	NOUN
cjal-3363	525	39	mines	mine	NOUN
cjal-3363	525	40	had	have	AUX
cjal-3363	525	41	risen	rise	VERB
cjal-3363	525	42	to	to	ADP
cjal-3363	525	43	100,000	100,000	NUM
cjal-3363	525	44	in	in	ADP
cjal-3363	525	45	1991.110	1991.110	NUM
cjal-3363	525	46	most	most	ADJ
cjal-3363	525	47	of	of	ADP
cjal-3363	525	48	these	these	DET
cjal-3363	525	49	coal	coal	NOUN
cjal-3363	525	50	mines	mine	NOUN
cjal-3363	525	51	were	be	AUX
cjal-3363	525	52	small	small	ADJ
cjal-3363	525	53	in	in	ADP
cjal-3363	525	54	size	size	NOUN
cjal-3363	525	55	.	.	PUNCT
cjal-3363	526	1	by	by	ADP
cjal-3363	526	2	contrast	contrast	NOUN
cjal-3363	526	3	,	,	PUNCT
cjal-3363	526	4	in	in	ADP
cjal-3363	526	5	the	the	DET
cjal-3363	526	6	1990s	1990	NOUN
cjal-3363	526	7	,	,	PUNCT
cjal-3363	526	8	the	the	DET
cjal-3363	526	9	total	total	ADJ
cjal-3363	526	10	number	number	NOUN
cjal-3363	526	11	of	of	ADP
cjal-3363	526	12	government	government	NOUN
cjal-3363	526	13	coal	coal	NOUN
cjal-3363	526	14	inspectors	inspector	NOUN
cjal-3363	526	15	was	be	AUX
cjal-3363	526	16	only	only	ADV
cjal-3363	526	17	about	about	ADP
cjal-3363	526	18	30,000.111	30,000.111	NUM
cjal-3363	526	19	these	these	DET
cjal-3363	526	20	inspectors	inspector	NOUN
cjal-3363	526	21	were	be	AUX
cjal-3363	526	22	responsible	responsible	ADJ
cjal-3363	526	23	for	for	ADP
cjal-3363	526	24	raising	raise	VERB
cjal-3363	526	25	the	the	DET
cjal-3363	526	26	awareness	awareness	NOUN
cjal-3363	526	27	of	of	ADP
cjal-3363	526	28	safety	safety	NOUN
cjal-3363	526	29	precautions	precaution	NOUN
cjal-3363	526	30	,	,	PUNCT
cjal-3363	526	31	training	training	NOUN
cjal-3363	526	32	managers	manager	NOUN
cjal-3363	526	33	and	and	CCONJ
cjal-3363	526	34	employees	employee	NOUN
cjal-3363	526	35	,	,	PUNCT
cjal-3363	526	36	and	and	CCONJ
cjal-3363	526	37	on	on	ADP
cjal-3363	526	38	-	-	PUNCT
cjal-3363	526	39	site	site	NOUN
cjal-3363	526	40	inspection	inspection	NOUN
cjal-3363	526	41	.	.	PUNCT
cjal-3363	527	1	high	high	ADJ
cjal-3363	527	2	enforcement	enforcement	NOUN
cjal-3363	527	3	costs	cost	NOUN
cjal-3363	527	4	may	may	AUX
cjal-3363	527	5	cause	cause	VERB
cjal-3363	527	6	difficulties	difficulty	NOUN
cjal-3363	527	7	in	in	ADP
cjal-3363	527	8	regulating	regulate	VERB
cjal-3363	527	9	private	private	ADJ
cjal-3363	527	10	enterprises	enterprise	NOUN
cjal-3363	527	11	.	.	PUNCT
cjal-3363	528	1	in	in	ADP
cjal-3363	528	2	addition	addition	NOUN
cjal-3363	528	3	to	to	ADP
cjal-3363	528	4	the	the	DET
cjal-3363	528	5	ex	ex	NOUN
cjal-3363	528	6	ante	ante	NOUN
cjal-3363	528	7	monitoring	monitoring	NOUN
cjal-3363	528	8	costs	cost	NOUN
cjal-3363	528	9	,	,	PUNCT
cjal-3363	528	10	governments	government	NOUN
cjal-3363	528	11	also	also	ADV
cjal-3363	528	12	face	face	VERB
cjal-3363	528	13	ex	ex	PRON
cjal-3363	528	14	post	post	NOUN
cjal-3363	528	15	enforcement	enforcement	NOUN
cjal-3363	528	16	costs	cost	NOUN
cjal-3363	528	17	.	.	PUNCT
cjal-3363	529	1	one	one	NUM
cjal-3363	529	2	particular	particular	ADJ
cjal-3363	529	3	challenge	challenge	NOUN
cjal-3363	529	4	is	be	AUX
cjal-3363	529	5	that	that	SCONJ
cjal-3363	529	6	investors	investor	NOUN
cjal-3363	529	7	may	may	AUX
cjal-3363	529	8	invoke	invoke	VERB
cjal-3363	529	9	the	the	DET
cjal-3363	529	10	protection	protection	NOUN
cjal-3363	529	11	of	of	ADP
cjal-3363	529	12	limited	limited	ADJ
cjal-3363	529	13	liability	liability	NOUN
cjal-3363	529	14	when	when	SCONJ
cjal-3363	529	15	they	they	PRON
cjal-3363	529	16	need	need	VERB
cjal-3363	529	17	to	to	PART
cjal-3363	529	18	compensate	compensate	VERB
cjal-3363	529	19	workers	worker	NOUN
cjal-3363	529	20	for	for	ADP
cjal-3363	529	21	their	their	PRON
cjal-3363	529	22	injuries	injury	NOUN
cjal-3363	529	23	.	.	PUNCT
cjal-3363	530	1	although	although	SCONJ
cjal-3363	530	2	private	private	ADJ
cjal-3363	530	3	corporations	corporation	NOUN
cjal-3363	530	4	in	in	ADP
cjal-3363	530	5	china	china	PROPN
cjal-3363	530	6	are	be	AUX
cjal-3363	530	7	required	require	VERB
cjal-3363	530	8	by	by	ADP
cjal-3363	530	9	law	law	NOUN
cjal-3363	530	10	to	to	PART
cjal-3363	530	11	purchase	purchase	VERB
cjal-3363	530	12	insurance	insurance	NOUN
cjal-3363	530	13	policies	policy	NOUN
cjal-3363	530	14	for	for	ADP
cjal-3363	530	15	employees	employee	NOUN
cjal-3363	530	16	,	,	PUNCT
cjal-3363	530	17	112	112	NUM
cjal-3363	530	18	many	many	ADJ
cjal-3363	530	19	private	private	ADJ
cjal-3363	530	20	corporations	corporation	NOUN
cjal-3363	530	21	have	have	AUX
cjal-3363	530	22	not	not	PART
cjal-3363	530	23	followed	follow	VERB
cjal-3363	530	24	this	this	DET
cjal-3363	530	25	rule.113	rule.113	NOUN
cjal-3363	530	26	the	the	DET
cjal-3363	530	27	legal	legal	ADJ
cjal-3363	530	28	sanctions	sanction	NOUN
cjal-3363	530	29	for	for	ADP
cjal-3363	530	30	failing	fail	VERB
cjal-3363	530	31	to	to	PART
cjal-3363	530	32	purchase	purchase	VERB
cjal-3363	530	33	insurance	insurance	NOUN
cjal-3363	530	34	remain	remain	VERB
cjal-3363	530	35	uncertain	uncertain	ADJ
cjal-3363	530	36	;	;	PUNCT
cjal-3363	530	37	the	the	DET
cjal-3363	530	38	106	106	NUM
cjal-3363	530	39	i	i	PRON
cjal-3363	530	40	d.	d.	PROPN
cjal-3363	530	41	see	see	VERB
cjal-3363	530	42	also	also	ADV
cjal-3363	530	43	ershiwan	ershiwan	PROPN
cjal-3363	530	44	siwang	siwang	PROPN
cjal-3363	530	45	peichangjin	peichangjin	PROPN
cjal-3363	530	46	nengfou	nengfou	PROPN
cjal-3363	530	47	huanlai	huanlai	PROPN
cjal-3363	531	1	meikuang	meikuang	PROPN
cjal-3363	531	2	anquan?(二十万元死亡赔偿能否换	anquan?(二十万元死亡赔偿能否换	PROPN
cjal-3363	531	3	来煤矿安全？)[can	来煤矿安全？)[can	ADP
cjal-3363	531	4	the	the	DET
cjal-3363	531	5	rule	rule	NOUN
cjal-3363	531	6	on	on	ADP
cjal-3363	531	7	two	two	NUM
cjal-3363	531	8	hundred	hundred	NUM
cjal-3363	531	9	thousand	thousand	NUM
cjal-3363	531	10	death	death	NOUN
cjal-3363	531	11	compensation	compensation	NOUN
cjal-3363	531	12	create	create	VERB
cjal-3363	531	13	safety	safety	NOUN
cjal-3363	531	14	for	for	ADP
cjal-3363	531	15	coal	coal	NOUN
cjal-3363	531	16	mines	mine	NOUN
cjal-3363	531	17	?	?	PUNCT
cjal-3363	531	18	]	]	X
cjal-3363	531	19	,	,	PUNCT
cjal-3363	531	20	jan	jan	PROPN
cjal-3363	531	21	.	.	PROPN
cjal-3363	531	22	31	31	NUM
cjal-3363	531	23	,	,	PUNCT
cjal-3363	531	24	2005	2005	NUM
cjal-3363	531	25	,	,	PUNCT
cjal-3363	531	26	beijing	beijing	PROPN
cjal-3363	531	27	qingnian	qingnian	PROPN
cjal-3363	531	28	bao(北京青年报)[beijing	bao(北京青年报)[beije	VERB
cjal-3363	531	29	youth	youth	NOUN
cjal-3363	531	30	daily	daily	ADV
cjal-3363	531	31	]	]	X
cjal-3363	531	32	,	,	PUNCT
cjal-3363	531	33	http://opinion.people.com.cn/gb/35560/3157719.html	http://opinion.people.com.cn/gb/35560/3157719.html	PRON
cjal-3363	531	34	.	.	PUNCT
cjal-3363	532	1	107	107	NUM
cjal-3363	533	1	i	i	PRON
cjal-3363	533	2	d.	d.	PROPN
cjal-3363	533	3	108	108	NUM
cjal-3363	533	4	li	li	PROPN
cjal-3363	533	5	yi	yi	PROPN
cjal-3363	533	6	zhong	zhong	PROPN
cjal-3363	533	7	:	:	PUNCT
cjal-3363	533	8	kuanggong	kuanggong	PROPN
cjal-3363	533	9	siwang	siwang	PROPN
cjal-3363	533	10	peichang	peichang	PROPN
cjal-3363	533	11	biaozhun	biaozhun	PROPN
cjal-3363	533	12	shewei	shewei	PROPN
cjal-3363	533	13	meiren	meiren	PROPN
cjal-3363	533	14	20	20	NUM
cjal-3363	533	15	wanyuan	wanyuan	NOUN
cjal-3363	533	16	piandi(李毅中：矿工死	piandi(李毅中：矿工死	PROPN
cjal-3363	533	17	亡赔偿标准设为每人	亡赔偿标准设为每人	SCONJ
cjal-3363	533	18	20	20	NUM
cjal-3363	533	19	万元偏低)[li	万元偏低)[li	PROPN
cjal-3363	533	20	yi	yi	PROPN
cjal-3363	533	21	zhong	zhong	PROPN
cjal-3363	533	22	:	:	PUNCT
cjal-3363	533	23	the	the	DET
cjal-3363	533	24	200	200	NUM
cjal-3363	533	25	thousand	thousand	NUM
cjal-3363	533	26	rmb	rmb	NOUN
cjal-3363	533	27	compensation	compensation	NOUN
cjal-3363	533	28	for	for	ADP
cjal-3363	533	29	the	the	DET
cjal-3363	533	30	death	death	NOUN
cjal-3363	533	31	of	of	ADP
cjal-3363	533	32	coal	coal	NOUN
cjal-3363	533	33	miners	miner	NOUN
cjal-3363	533	34	is	be	AUX
cjal-3363	533	35	too	too	ADV
cjal-3363	533	36	low	low	ADJ
cjal-3363	533	37	]	]	PUNCT
cjal-3363	533	38	,	,	PUNCT
cjal-3363	533	39	mar	mar	PROPN
cjal-3363	533	40	.	.	PROPN
cjal-3363	533	41	9	9	NUM
cjal-3363	533	42	,	,	PUNCT
cjal-3363	533	43	2006	2006	NUM
cjal-3363	533	44	,	,	PUNCT
cjal-3363	533	45	beijing	beijing	PROPN
cjal-3363	533	46	qingnian	qingnian	PROPN
cjal-3363	533	47	bao	bao	PROPN
cjal-3363	533	48	(	(	PUNCT
cjal-3363	533	49	北京青年报	北京青年报	PROPN
cjal-3363	533	50	)	)	PUNCT
cjal-3363	534	1	[	[	X
cjal-3363	534	2	beijing	beijing	NOUN
cjal-3363	534	3	youth	youth	NOUN
cjal-3363	534	4	daily	daily	ADV
cjal-3363	534	5	]	]	X
cjal-3363	534	6	,	,	PUNCT
cjal-3363	534	7	http://news.xinhuanet.com/legal/2006-03/09/content_4279237.htm	http://news.xinhuanet.com/legal/2006-03/09/content_4279237.htm	PROPN
cjal-3363	534	8	.	.	PUNCT
cjal-3363	535	1	109	109	NUM
cjal-3363	535	2	wang	wang	PROPN
cjal-3363	535	3	shaoguang(王绍光	shaoguang(王绍光	PROPN
cjal-3363	535	4	)	)	PUNCT
cjal-3363	535	5	,	,	PUNCT
cjal-3363	535	6	meitan	meitan	PROPN
cjal-3363	535	7	anquan	anquan	PROPN
cjal-3363	535	8	shengchan	shengchan	PROPN
cjal-3363	535	9	jianguan	jianguan	PROPN
cjal-3363	535	10	:	:	PUNCT
cjal-3363	535	11	zhongguo	zhongguo	PROPN
cjal-3363	535	12	de	de	PROPN
cjal-3363	535	13	zhili	zhili	PROPN
cjal-3363	535	14	moshi	moshi	PROPN
cjal-3363	535	15	de	de	PROPN
cjal-3363	535	16	zhuanbian(煤矿安全生产监管：中国的治理模式的转变	zhuanbian(煤矿安全生产监管：中国的治理模式的转变	PROPN
cjal-3363	535	17	)	)	PUNCT
cjal-3363	535	18	,	,	PUNCT
cjal-3363	535	19	13	13	NUM
cjal-3363	535	20	comp	comp	NOUN
cjal-3363	535	21	.	.	PUNCT
cjal-3363	536	1	studies(比较	studies(比较	VERB
cjal-3363	536	2	)	)	PUNCT
cjal-3363	536	3	79	79	NUM
cjal-3363	536	4	,	,	PUNCT
cjal-3363	536	5	86	86	NUM
cjal-3363	536	6	,	,	PUNCT
cjal-3363	536	7	101(2004	101(2004	NUM
cjal-3363	536	8	)	)	PUNCT
cjal-3363	536	9	.	.	PUNCT
cjal-3363	537	1	110	110	NUM
cjal-3363	537	2	i	i	NOUN
cjal-3363	537	3	d	d	PROPN
cjal-3363	537	4	,	,	PUNCT
cjal-3363	537	5	at	at	ADP
cjal-3363	537	6	86	86	NUM
cjal-3363	537	7	.	.	SYM
cjal-3363	537	8	111	111	NUM
cjal-3363	537	9	i	i	PROPN
cjal-3363	537	10	d	d	PROPN
cjal-3363	537	11	,	,	PUNCT
cjal-3363	537	12	at	at	ADP
cjal-3363	537	13	101	101	NUM
cjal-3363	537	14	.	.	PUNCT
cjal-3363	537	15	112	112	NUM
cjal-3363	537	16	meitan	meitan	PROPN
cjal-3363	537	17	fa	fa	PROPN
cjal-3363	537	18	煤炭法(coal	煤炭法(coal	NOUN
cjal-3363	537	19	industry	industry	NOUN
cjal-3363	537	20	law	law	NOUN
cjal-3363	537	21	)	)	PUNCT
cjal-3363	538	1	[	[	X
cjal-3363	538	2	promulgated	promulgate	VERB
cjal-3363	538	3	by	by	ADP
cjal-3363	538	4	the	the	DET
cjal-3363	538	5	standing	standing	PROPN
cjal-3363	538	6	committee	committee	PROPN
cjal-3363	538	7	of	of	ADP
cjal-3363	538	8	the	the	DET
cjal-3363	538	9	national	national	PROPN
cjal-3363	538	10	congress	congress	PROPN
cjal-3363	538	11	,	,	PUNCT
cjal-3363	538	12	amended	amend	VERB
cjal-3363	538	13	june	june	PROPN
cjal-3363	538	14	29	29	NUM
cjal-3363	538	15	,	,	PUNCT
cjal-3363	538	16	2013	2013	NUM
cjal-3363	538	17	,	,	PUNCT
cjal-3363	538	18	originally	originally	ADV
cjal-3363	538	19	effective	effective	ADJ
cjal-3363	538	20	dec	dec	PROPN
cjal-3363	538	21	.	.	PROPN
cjal-3363	538	22	1	1	NUM
cjal-3363	538	23	,	,	PUNCT
cjal-3363	538	24	1996	1996	NUM
cjal-3363	538	25	]	]	PUNCT
cjal-3363	538	26	,	,	PUNCT
cjal-3363	538	27	article	article	NOUN
cjal-3363	538	28	39	39	NUM
cjal-3363	538	29	.	.	PUNCT
cjal-3363	538	30	113	113	NUM
cjal-3363	538	31	zhang	zhang	PROPN
cjal-3363	538	32	wenfeng(张文峰	wenfeng(张文峰	PROPN
cjal-3363	538	33	)	)	PUNCT
cjal-3363	538	34	,	,	PUNCT
cjal-3363	538	35	fazhan	fazhan	PROPN
cjal-3363	538	36	woguo	woguo	PROPN
cjal-3363	538	37	shemei	shemei	PROPN
cjal-3363	538	38	baoxian	baoxian	PROPN
cjal-3363	538	39	de	de	X
cjal-3363	538	40	yidian	yidian	PROPN
cjal-3363	538	41	sikao(发展我国涉煤保险的一点思	sikao(发展我国涉煤保险的一点思	PROPN
cjal-3363	539	1	考)[some	考)[some	ADJ
cjal-3363	539	2	thoughts	thought	NOUN
cjal-3363	539	3	on	on	ADP
cjal-3363	539	4	developing	develop	VERB
cjal-3363	539	5	coal	coal	NOUN
cjal-3363	539	6	insurance	insurance	NOUN
cjal-3363	539	7	]	]	PUNCT
cjal-3363	539	8	,	,	PUNCT
cjal-3363	539	9	may	may	AUX
cjal-3363	539	10	21	21	NUM
cjal-3363	539	11	,	,	PUNCT
cjal-3363	539	12	2012	2012	NUM
cjal-3363	539	13	,	,	PUNCT
cjal-3363	539	14	zhongguo	zhongguo	PROPN
cjal-3363	539	15	nengyuan	nengyuan	PROPN
cjal-3363	539	16	bao	bao	PROPN
cjal-3363	539	17	(	(	PUNCT
cjal-3363	539	18	中国能源	中国能源	NOUN
cjal-3363	539	19	报)[china	报)[china	PROPN
cjal-3363	539	20	energy	energy	NOUN
cjal-3363	539	21	]	]	PUNCT
cjal-3363	539	22	,	,	PUNCT
cjal-3363	539	23	http://www.qstheory.cn/st/zyhj/201205/t20120523_159463.htm	http://www.qstheory.cn/st/zyhj/201205/t20120523_159463.htm	NOUN
cjal-3363	539	24	.	.	PUNCT
cjal-3363	540	1	2017	2017	NUM
cjal-3363	540	2	]	]	PUNCT
cjal-3363	540	3	state	state	NOUN
cjal-3363	540	4	ownership	ownership	NOUN
cjal-3363	540	5	and	and	CCONJ
cjal-3363	540	6	regulatory	regulatory	ADJ
cjal-3363	540	7	costs	cost	NOUN
cjal-3363	540	8	27	27	NUM
cjal-3363	540	9	insurance	insurance	NOUN
cjal-3363	540	10	market	market	NOUN
cjal-3363	540	11	is	be	AUX
cjal-3363	540	12	also	also	ADV
cjal-3363	540	13	under	under	ADP
cjal-3363	540	14	-	-	PUNCT
cjal-3363	540	15	developed.114	developed.114	NOUN
cjal-3363	540	16	thus	thus	ADV
cjal-3363	540	17	,	,	PUNCT
cjal-3363	540	18	when	when	SCONJ
cjal-3363	540	19	large	large	ADJ
cjal-3363	540	20	-	-	PUNCT
cjal-3363	540	21	scale	scale	NOUN
cjal-3363	540	22	accidents	accident	NOUN
cjal-3363	540	23	occur	occur	VERB
cjal-3363	540	24	,	,	PUNCT
cjal-3363	540	25	these	these	DET
cjal-3363	540	26	private	private	ADJ
cjal-3363	540	27	corporations	corporation	NOUN
cjal-3363	540	28	may	may	AUX
cjal-3363	540	29	become	become	VERB
cjal-3363	540	30	insolvent	insolvent	ADJ
cjal-3363	540	31	and	and	CCONJ
cjal-3363	540	32	unable	unable	ADJ
cjal-3363	540	33	to	to	PART
cjal-3363	540	34	bear	bear	VERB
cjal-3363	540	35	all	all	DET
cjal-3363	540	36	liabilities	liability	NOUN
cjal-3363	540	37	,	,	PUNCT
cjal-3363	540	38	in	in	ADP
cjal-3363	540	39	which	which	DET
cjal-3363	540	40	case	case	NOUN
cjal-3363	540	41	the	the	DET
cjal-3363	540	42	government	government	NOUN
cjal-3363	540	43	is	be	AUX
cjal-3363	540	44	forced	force	VERB
cjal-3363	540	45	to	to	PART
cjal-3363	540	46	pay	pay	VERB
cjal-3363	540	47	the	the	DET
cjal-3363	540	48	damages.115	damages.115	PROPN
cjal-3363	540	49	additionally	additionally	ADV
cjal-3363	540	50	,	,	PUNCT
cjal-3363	540	51	no	no	DET
cjal-3363	540	52	one	one	NOUN
cjal-3363	540	53	will	will	AUX
cjal-3363	540	54	pay	pay	VERB
cjal-3363	540	55	for	for	ADP
cjal-3363	540	56	the	the	DET
cjal-3363	540	57	cleanup	cleanup	NOUN
cjal-3363	540	58	of	of	ADP
cjal-3363	540	59	land	land	NOUN
cjal-3363	540	60	after	after	SCONJ
cjal-3363	540	61	coal	coal	NOUN
cjal-3363	540	62	mining	mining	NOUN
cjal-3363	540	63	companies	company	NOUN
cjal-3363	540	64	go	go	VERB
cjal-3363	540	65	bankrupt	bankrupt	ADJ
cjal-3363	540	66	,	,	PUNCT
cjal-3363	540	67	unless	unless	SCONJ
cjal-3363	540	68	the	the	DET
cjal-3363	540	69	law	law	NOUN
cjal-3363	540	70	requires	require	VERB
cjal-3363	540	71	funds	fund	NOUN
cjal-3363	540	72	to	to	PART
cjal-3363	540	73	reclaim	reclaim	VERB
cjal-3363	540	74	the	the	DET
cjal-3363	540	75	land	land	NOUN
cjal-3363	540	76	when	when	SCONJ
cjal-3363	540	77	they	they	PRON
cjal-3363	540	78	start	start	VERB
cjal-3363	540	79	operating.116	operating.116	ADV
cjal-3363	540	80	apart	apart	ADV
cjal-3363	540	81	from	from	ADP
cjal-3363	540	82	regulation	regulation	NOUN
cjal-3363	540	83	,	,	PUNCT
cjal-3363	540	84	tort	tort	NOUN
cjal-3363	540	85	law	law	NOUN
cjal-3363	540	86	may	may	AUX
cjal-3363	540	87	also	also	ADV
cjal-3363	540	88	play	play	VERB
cjal-3363	540	89	a	a	DET
cjal-3363	540	90	significant	significant	ADJ
cjal-3363	540	91	role	role	NOUN
cjal-3363	540	92	in	in	ADP
cjal-3363	540	93	regulating	regulate	VERB
cjal-3363	540	94	coal	coal	NOUN
cjal-3363	540	95	mines	mine	NOUN
cjal-3363	540	96	.	.	PUNCT
cjal-3363	541	1	however	however	ADV
cjal-3363	541	2	,	,	PUNCT
cjal-3363	541	3	it	it	PRON
cjal-3363	541	4	relies	rely	VERB
cjal-3363	541	5	heavily	heavily	ADV
cjal-3363	541	6	on	on	ADP
cjal-3363	541	7	the	the	DET
cjal-3363	541	8	efficiency	efficiency	NOUN
cjal-3363	541	9	of	of	ADP
cjal-3363	541	10	the	the	DET
cjal-3363	541	11	judicial	judicial	ADJ
cjal-3363	541	12	system	system	NOUN
cjal-3363	541	13	.	.	PUNCT
cjal-3363	542	1	countries	country	NOUN
cjal-3363	542	2	with	with	ADP
cjal-3363	542	3	better	well	ADJ
cjal-3363	542	4	developed	develop	VERB
cjal-3363	542	5	tort	tort	NOUN
cjal-3363	542	6	law	law	NOUN
cjal-3363	542	7	and	and	CCONJ
cjal-3363	542	8	a	a	DET
cjal-3363	542	9	more	more	ADV
cjal-3363	542	10	efficient	efficient	ADJ
cjal-3363	542	11	judicial	judicial	ADJ
cjal-3363	542	12	system	system	NOUN
cjal-3363	542	13	may	may	AUX
cjal-3363	542	14	be	be	AUX
cjal-3363	542	15	more	more	ADV
cjal-3363	542	16	capable	capable	ADJ
cjal-3363	542	17	of	of	ADP
cjal-3363	542	18	handling	handle	VERB
cjal-3363	542	19	these	these	DET
cjal-3363	542	20	cases	case	NOUN
cjal-3363	542	21	,	,	PUNCT
cjal-3363	542	22	whereas	whereas	SCONJ
cjal-3363	542	23	developing	develop	VERB
cjal-3363	542	24	countries	country	NOUN
cjal-3363	542	25	such	such	ADJ
cjal-3363	542	26	as	as	ADP
cjal-3363	542	27	china	china	PROPN
cjal-3363	542	28	may	may	AUX
cjal-3363	542	29	find	find	VERB
cjal-3363	542	30	it	it	PRON
cjal-3363	542	31	more	more	ADV
cjal-3363	542	32	difficult	difficult	ADJ
cjal-3363	542	33	.	.	PUNCT
cjal-3363	543	1	similarly	similarly	ADV
cjal-3363	543	2	,	,	PUNCT
cjal-3363	543	3	criminal	criminal	ADJ
cjal-3363	543	4	law	law	NOUN
cjal-3363	543	5	penalties	penalty	NOUN
cjal-3363	543	6	imposed	impose	VERB
cjal-3363	543	7	on	on	ADP
cjal-3363	543	8	investors	investor	NOUN
cjal-3363	543	9	and	and	CCONJ
cjal-3363	543	10	managers	manager	NOUN
cjal-3363	543	11	of	of	ADP
cjal-3363	543	12	private	private	ADJ
cjal-3363	543	13	enterprises	enterprise	NOUN
cjal-3363	543	14	for	for	ADP
cjal-3363	543	15	causing	cause	VERB
cjal-3363	543	16	major	major	ADJ
cjal-3363	543	17	accidents	accident	NOUN
cjal-3363	543	18	may	may	AUX
cjal-3363	543	19	not	not	PART
cjal-3363	543	20	successfully	successfully	ADV
cjal-3363	543	21	deter	deter	VERB
cjal-3363	543	22	risky	risky	ADJ
cjal-3363	543	23	activities	activity	NOUN
cjal-3363	543	24	unless	unless	SCONJ
cjal-3363	543	25	the	the	DET
cjal-3363	543	26	court	court	NOUN
cjal-3363	543	27	system	system	NOUN
cjal-3363	543	28	is	be	AUX
cjal-3363	543	29	sufficiently	sufficiently	ADV
cjal-3363	543	30	capable	capable	ADJ
cjal-3363	543	31	of	of	ADP
cjal-3363	543	32	handling	handle	VERB
cjal-3363	543	33	these	these	DET
cjal-3363	543	34	cases.117	cases.117	NOUN
cjal-3363	543	35	these	these	DET
cjal-3363	543	36	concerns	concern	NOUN
cjal-3363	543	37	might	might	AUX
cjal-3363	543	38	have	have	AUX
cjal-3363	543	39	led	lead	VERB
cjal-3363	543	40	the	the	DET
cjal-3363	543	41	chinese	chinese	ADJ
cjal-3363	543	42	government	government	NOUN
cjal-3363	543	43	to	to	PART
cjal-3363	543	44	maintain	maintain	VERB
cjal-3363	543	45	soes	soe	NOUN
cjal-3363	543	46	in	in	ADP
cjal-3363	543	47	this	this	DET
cjal-3363	543	48	sector	sector	NOUN
cjal-3363	543	49	.	.	PUNCT
cjal-3363	544	1	comparing	compare	VERB
cjal-3363	544	2	the	the	DET
cjal-3363	544	3	activities	activity	NOUN
cjal-3363	544	4	of	of	ADP
cjal-3363	544	5	different	different	ADJ
cjal-3363	544	6	types	type	NOUN
cjal-3363	544	7	of	of	ADP
cjal-3363	544	8	coal	coal	NOUN
cjal-3363	544	9	mining	mining	NOUN
cjal-3363	544	10	companies	company	NOUN
cjal-3363	544	11	can	can	AUX
cjal-3363	544	12	further	far	ADV
cjal-3363	544	13	demonstrate	demonstrate	VERB
cjal-3363	544	14	the	the	DET
cjal-3363	544	15	function	function	NOUN
cjal-3363	544	16	of	of	ADP
cjal-3363	544	17	state	state	NOUN
cjal-3363	544	18	ownership	ownership	NOUN
cjal-3363	544	19	.	.	PUNCT
cjal-3363	545	1	there	there	PRON
cjal-3363	545	2	are	be	VERB
cjal-3363	545	3	three	three	NUM
cjal-3363	545	4	major	major	ADJ
cjal-3363	545	5	types	type	NOUN
cjal-3363	545	6	of	of	ADP
cjal-3363	545	7	coal	coal	NOUN
cjal-3363	545	8	mining	mining	NOUN
cjal-3363	545	9	companies	company	NOUN
cjal-3363	545	10	in	in	ADP
cjal-3363	545	11	china	china	PROPN
cjal-3363	545	12	:	:	PUNCT
cjal-3363	545	13	coal	coal	NOUN
cjal-3363	545	14	mining	mining	NOUN
cjal-3363	545	15	companies	company	NOUN
cjal-3363	545	16	controlled	control	VERB
cjal-3363	545	17	by	by	ADP
cjal-3363	545	18	the	the	DET
cjal-3363	545	19	central	central	ADJ
cjal-3363	545	20	government	government	NOUN
cjal-3363	545	21	,	,	PUNCT
cjal-3363	545	22	those	those	PRON
cjal-3363	545	23	controlled	control	VERB
cjal-3363	545	24	by	by	ADP
cjal-3363	545	25	local	local	ADJ
cjal-3363	545	26	governments	government	NOUN
cjal-3363	545	27	,	,	PUNCT
cjal-3363	545	28	and	and	CCONJ
cjal-3363	545	29	township	township	NOUN
cjal-3363	545	30	and	and	CCONJ
cjal-3363	545	31	village	village	NOUN
cjal-3363	545	32	enterprises	enterprise	NOUN
cjal-3363	545	33	(	(	PUNCT
cjal-3363	545	34	tves	tve	NOUN
cjal-3363	545	35	)	)	PUNCT
cjal-3363	545	36	.	.	PUNCT
cjal-3363	546	1	central	central	ADJ
cjal-3363	546	2	and	and	CCONJ
cjal-3363	546	3	local	local	ADJ
cjal-3363	546	4	soes	soe	NOUN
cjal-3363	546	5	have	have	VERB
cjal-3363	546	6	very	very	ADV
cjal-3363	546	7	different	different	ADJ
cjal-3363	546	8	incentives	incentive	NOUN
cjal-3363	546	9	.	.	PUNCT
cjal-3363	547	1	local	local	ADJ
cjal-3363	547	2	government	government	NOUN
cjal-3363	547	3	officials	official	NOUN
cjal-3363	547	4	are	be	AUX
cjal-3363	547	5	constantly	constantly	ADV
cjal-3363	547	6	under	under	ADP
cjal-3363	547	7	pressure	pressure	NOUN
cjal-3363	547	8	to	to	PART
cjal-3363	547	9	pursue	pursue	VERB
cjal-3363	547	10	higher	high	ADJ
cjal-3363	547	11	gdp	gdp	NOUN
cjal-3363	547	12	growth	growth	NOUN
cjal-3363	547	13	to	to	PART
cjal-3363	547	14	receive	receive	VERB
cjal-3363	547	15	promotion	promotion	NOUN
cjal-3363	547	16	.	.	PUNCT
cjal-3363	548	1	correspondingly	correspondingly	ADV
cjal-3363	548	2	,	,	PUNCT
cjal-3363	548	3	they	they	PRON
cjal-3363	548	4	tend	tend	VERB
cjal-3363	548	5	to	to	PART
cjal-3363	548	6	grant	grant	VERB
cjal-3363	548	7	less	less	ADJ
cjal-3363	548	8	priority	priority	NOUN
cjal-3363	548	9	to	to	ADP
cjal-3363	548	10	noneconomic	noneconomic	ADJ
cjal-3363	548	11	government	government	NOUN
cjal-3363	548	12	objectives	objective	NOUN
cjal-3363	548	13	and	and	CCONJ
cjal-3363	548	14	to	to	PART
cjal-3363	548	15	disregard	disregard	VERB
cjal-3363	548	16	regulatory	regulatory	ADJ
cjal-3363	548	17	goals	goal	NOUN
cjal-3363	548	18	.	.	PUNCT
cjal-3363	549	1	118	118	NUM
cjal-3363	549	2	tves	tve	NOUN
cjal-3363	549	3	more	more	ADV
cjal-3363	549	4	closely	closely	ADV
cjal-3363	549	5	resemble	resemble	VERB
cjal-3363	549	6	private	private	ADJ
cjal-3363	549	7	enterprises	enterprise	NOUN
cjal-3363	549	8	compared	compare	VERB
cjal-3363	549	9	with	with	ADP
cjal-3363	549	10	central	central	ADJ
cjal-3363	549	11	and	and	CCONJ
cjal-3363	549	12	local	local	ADJ
cjal-3363	549	13	government	government	NOUN
cjal-3363	549	14	-	-	PUNCT
cjal-3363	549	15	owned	own	VERB
cjal-3363	549	16	enterprises	enterprise	NOUN
cjal-3363	549	17	and	and	CCONJ
cjal-3363	549	18	114	114	NUM
cjal-3363	549	19	i	i	PROPN
cjal-3363	549	20	d.	d.	PROPN
cjal-3363	549	21	115	115	PROPN
cjal-3363	550	1	meikuang	meikuang	PROPN
cjal-3363	550	2	anquan	anquan	PROPN
cjal-3363	550	3	shigu	shigu	PROPN
cjal-3363	550	4	peifu	peifu	AUX
cjal-3363	550	5	zhengfu	zhengfu	PROPN
cjal-3363	550	6	heshi	heshi	PROPN
cjal-3363	550	7	budan	budan	PROPN
cjal-3363	550	8	zhujue(煤矿安全事故赔付	zhujue(煤矿安全事故赔付	PROPN
cjal-3363	550	9	政府何时不担主	政府何时不担主	NOUN
cjal-3363	550	10	角)[when	角)[when	ADV
cjal-3363	550	11	can	can	AUX
cjal-3363	550	12	the	the	DET
cjal-3363	550	13	government	government	NOUN
cjal-3363	550	14	stop	stop	VERB
cjal-3363	550	15	playing	play	VERB
cjal-3363	550	16	the	the	DET
cjal-3363	550	17	leading	lead	VERB
cjal-3363	550	18	role	role	NOUN
cjal-3363	550	19	in	in	ADP
cjal-3363	550	20	paying	pay	VERB
cjal-3363	550	21	compensations	compensation	NOUN
cjal-3363	550	22	in	in	ADP
cjal-3363	550	23	coal	coal	NOUN
cjal-3363	550	24	mining	mining	NOUN
cjal-3363	550	25	accidents	accident	NOUN
cjal-3363	550	26	?	?	PUNCT
cjal-3363	550	27	]	]	X
cjal-3363	550	28	,	,	PUNCT
cjal-3363	550	29	aug	aug	PROPN
cjal-3363	550	30	.	.	PROPN
cjal-3363	550	31	14	14	NUM
cjal-3363	550	32	,	,	PUNCT
cjal-3363	550	33	2006	2006	NUM
cjal-3363	550	34	,	,	PUNCT
cjal-3363	550	35	renmin	renmin	PROPN
cjal-3363	550	36	ribao(人民日报)[people	ribao(人民日报)[people	PROPN
cjal-3363	550	37	’s	’s	PART
cjal-3363	550	38	daily	daily	PROPN
cjal-3363	550	39	]	]	X
cjal-3363	550	40	,	,	PUNCT
cjal-3363	550	41	http://news.cctv.com/china/20060814/100355.shtml	http://news.cctv.com/china/20060814/100355.shtml	PROPN
cjal-3363	550	42	.	.	NOUN
cjal-3363	551	1	116	116	NUM
cjal-3363	551	2	susan	susan	PROPN
cjal-3363	551	3	cosier	cosy	ADJ
cjal-3363	551	4	,	,	PUNCT
cjal-3363	551	5	who	who	PRON
cjal-3363	551	6	pays	pay	VERB
cjal-3363	551	7	for	for	ADP
cjal-3363	551	8	mine	mine	ADJ
cjal-3363	551	9	cleanup	cleanup	NOUN
cjal-3363	551	10	after	after	SCONJ
cjal-3363	551	11	big	big	ADJ
cjal-3363	551	12	coal	coal	NOUN
cjal-3363	551	13	goes	go	VERB
cjal-3363	551	14	bankrupt	bankrupt	ADJ
cjal-3363	551	15	?	?	PUNCT
cjal-3363	551	16	,	,	PUNCT
cjal-3363	551	17	nrdc	nrdc	PROPN
cjal-3363	551	18	blog	blog	PROPN
cjal-3363	551	19	(	(	PUNCT
cjal-3363	551	20	june	june	PROPN
cjal-3363	551	21	22	22	NUM
cjal-3363	551	22	,	,	PUNCT
cjal-3363	551	23	2016	2016	NUM
cjal-3363	551	24	)	)	PUNCT
cjal-3363	551	25	,	,	PUNCT
cjal-3363	551	26	https://www.nrdc.org/onearth/who-pays-mine-cleanup-after-big-coal-goes-bankrupt	https://www.nrdc.org/onearth/who-pays-mine-cleanup-after-big-coal-goes-bankrupt	ADJ
cjal-3363	551	27	.	.	PUNCT
cjal-3363	552	1	117	117	NUM
cjal-3363	552	2	there	there	PRON
cjal-3363	552	3	had	have	AUX
cjal-3363	552	4	been	be	AUX
cjal-3363	552	5	significant	significant	ADJ
cjal-3363	552	6	disagreements	disagreement	NOUN
cjal-3363	552	7	among	among	ADP
cjal-3363	552	8	judges	judge	NOUN
cjal-3363	552	9	as	as	ADP
cjal-3363	552	10	to	to	ADP
cjal-3363	552	11	the	the	DET
cjal-3363	552	12	extent	extent	NOUN
cjal-3363	552	13	of	of	ADP
cjal-3363	552	14	penalties	penalty	NOUN
cjal-3363	552	15	,	,	PUNCT
cjal-3363	552	16	before	before	SCONJ
cjal-3363	552	17	the	the	DET
cjal-3363	552	18	supreme	supreme	PROPN
cjal-3363	552	19	people	people	PROPN
cjal-3363	552	20	’s	’s	PART
cjal-3363	552	21	court	court	PROPN
cjal-3363	552	22	of	of	ADP
cjal-3363	552	23	china	china	PROPN
cjal-3363	552	24	issued	issue	VERB
cjal-3363	552	25	an	an	DET
cjal-3363	552	26	guiding	guide	VERB
cjal-3363	552	27	opinion	opinion	NOUN
cjal-3363	552	28	in	in	ADP
cjal-3363	552	29	2012	2012	NUM
cjal-3363	552	30	.	.	PUNCT
cjal-3363	553	1	see	see	VERB
cjal-3363	553	2	woguo	woguo	PROPN
cjal-3363	553	3	wei	wei	PROPN
cjal-3363	553	4	ezhi	ezhi	PROPN
cjal-3363	553	5	kuangnan	kuangnan	PROPN
cjal-3363	553	6	pinfa	pinfa	PROPN
cjal-3363	553	7	panxing	panxing	PROPN
cjal-3363	553	8	congzhong	congzhong	PROPN
cjal-3363	553	9	congyan	congyan	PROPN
cjal-3363	553	10	jiancheng	jiancheng	PROPN
cjal-3363	553	11	qushi(我国为遏制矿难频发判刑从重从严渐成趋势)[china	qushi(我国为遏制矿难频发判刑从重从严渐成趋势)[china	PROPN
cjal-3363	553	12	adopts	adopt	VERB
cjal-3363	553	13	more	more	ADV
cjal-3363	553	14	severe	severe	ADJ
cjal-3363	553	15	punishment	punishment	NOUN
cjal-3363	553	16	to	to	PART
cjal-3363	553	17	reduce	reduce	VERB
cjal-3363	553	18	mining	mining	NOUN
cjal-3363	553	19	accidents	accident	NOUN
cjal-3363	553	20	]	]	PUNCT
cjal-3363	553	21	,	,	PUNCT
cjal-3363	553	22	feb	feb	PROPN
cjal-3363	553	23	.	.	PROPN
cjal-3363	553	24	7	7	NUM
cjal-3363	553	25	,	,	PUNCT
cjal-3363	553	26	2012	2012	NUM
cjal-3363	553	27	,	,	PUNCT
cjal-3363	553	28	xinjingbao(新京报)[the	xinjingbao(新京报)[the	PROPN
cjal-3363	553	29	beijing	beijing	PROPN
cjal-3363	553	30	news	news	PROPN
cjal-3363	553	31	]	]	PUNCT
cjal-3363	553	32	,	,	PUNCT
cjal-3363	553	33	http://news.sina.com.cn/c/sd/2012-02-07/022423890667.shtml	http://news.sina.com.cn/c/sd/2012-02-07/022423890667.shtml	ADJ
cjal-3363	553	34	.	.	PUNCT
cjal-3363	554	1	118	118	NUM
cjal-3363	554	2	zhou	zhou	PROPN
cjal-3363	554	3	lian(周黎安	lian(周黎安	PROPN
cjal-3363	554	4	)	)	PUNCT
cjal-3363	554	5	,	,	PUNCT
cjal-3363	554	6	jinsheng	jinsheng	PROPN
cjal-3363	554	7	boyi	boyi	PROPN
cjal-3363	554	8	zhong	zhong	PROPN
cjal-3363	554	9	zhengfu	zhengfu	PROPN
cjal-3363	554	10	guanyuan	guanyuan	PROPN
cjal-3363	554	11	de	de	PROPN
cjal-3363	554	12	jili	jili	PROPN
cjal-3363	554	13	yu	yu	PROPN
cjal-3363	554	14	hezuo(晋升博弈中政府官员的激	hezuo(晋升博弈中政府官员的激	VERB
cjal-3363	554	15	励与合作)[the	励与合作)[the	DET
cjal-3363	554	16	incentives	incentive	NOUN
cjal-3363	554	17	and	and	CCONJ
cjal-3363	554	18	cooperation	cooperation	NOUN
cjal-3363	554	19	of	of	ADP
cjal-3363	554	20	government	government	NOUN
cjal-3363	554	21	officials	official	NOUN
cjal-3363	554	22	in	in	ADP
cjal-3363	554	23	the	the	DET
cjal-3363	554	24	promotion	promotion	NOUN
cjal-3363	554	25	game	game	NOUN
cjal-3363	554	26	]	]	X
cjal-3363	554	27	,	,	PUNCT
cjal-3363	554	28	6	6	NUM
cjal-3363	554	29	jingji	jingji	NOUN
cjal-3363	554	30	yanjiu(经济	yanjiu(经济	PROPN
cjal-3363	554	31	研究)[econ	研究)[econ	PROPN
cjal-3363	554	32	.	.	PUNCT
cjal-3363	555	1	studies	study	NOUN
cjal-3363	555	2	]	]	PUNCT
cjal-3363	555	3	33	33	NUM
cjal-3363	555	4	(	(	PUNCT
cjal-3363	555	5	2004	2004	NUM
cjal-3363	555	6	)	)	PUNCT
cjal-3363	555	7	.	.	PUNCT
cjal-3363	556	1	columbia	columbia	PROPN
cjal-3363	556	2	journal	journal	PROPN
cjal-3363	556	3	of	of	ADP
cjal-3363	556	4	asian	asian	ADJ
cjal-3363	556	5	law	law	NOUN
cjal-3363	557	1	[	[	X
cjal-3363	557	2	vol	vol	NOUN
cjal-3363	557	3	.	.	PUNCT
cjal-3363	558	1	31:1	31:1	NUM
cjal-3363	558	2	28	28	NUM
cjal-3363	558	3	have	have	VERB
cjal-3363	558	4	an	an	DET
cjal-3363	558	5	even	even	ADV
cjal-3363	558	6	stronger	strong	ADJ
cjal-3363	558	7	incentive	incentive	NOUN
cjal-3363	558	8	to	to	PART
cjal-3363	558	9	evade	evade	VERB
cjal-3363	558	10	regulation.119	regulation.119	NOUN
cjal-3363	558	11	in	in	ADP
cjal-3363	558	12	the	the	DET
cjal-3363	558	13	coal	coal	NOUN
cjal-3363	558	14	mining	mining	NOUN
cjal-3363	558	15	industry	industry	NOUN
cjal-3363	558	16	,	,	PUNCT
cjal-3363	558	17	the	the	DET
cjal-3363	558	18	death	death	NOUN
cjal-3363	558	19	rate	rate	NOUN
cjal-3363	558	20	per	per	ADP
cjal-3363	558	21	million	million	NUM
cjal-3363	558	22	tons	ton	NOUN
cjal-3363	558	23	mined	mine	VERB
cjal-3363	558	24	is	be	AUX
cjal-3363	558	25	lower	low	ADJ
cjal-3363	558	26	in	in	ADP
cjal-3363	558	27	state	state	NOUN
cjal-3363	558	28	-	-	PUNCT
cjal-3363	558	29	owned	own	VERB
cjal-3363	558	30	mines	mine	NOUN
cjal-3363	558	31	than	than	ADP
cjal-3363	558	32	the	the	DET
cjal-3363	558	33	death	death	NOUN
cjal-3363	558	34	rate	rate	NOUN
cjal-3363	558	35	in	in	ADP
cjal-3363	558	36	mines	mine	NOUN
cjal-3363	558	37	controlled	control	VERB
cjal-3363	558	38	by	by	ADP
cjal-3363	558	39	local	local	ADJ
cjal-3363	558	40	government	government	NOUN
cjal-3363	558	41	,	,	PUNCT
cjal-3363	558	42	which	which	PRON
cjal-3363	558	43	in	in	ADP
cjal-3363	558	44	turn	turn	NOUN
cjal-3363	558	45	is	be	AUX
cjal-3363	558	46	lower	low	ADJ
cjal-3363	558	47	than	than	ADP
cjal-3363	558	48	other	other	ADJ
cjal-3363	558	49	tves	tve	NOUN
cjal-3363	558	50	,	,	PUNCT
cjal-3363	558	51	as	as	SCONJ
cjal-3363	558	52	is	be	AUX
cjal-3363	558	53	shown	show	VERB
cjal-3363	558	54	in	in	ADP
cjal-3363	558	55	the	the	DET
cjal-3363	558	56	chart	chart	NOUN
cjal-3363	558	57	below	below	ADV
cjal-3363	558	58	.	.	PUNCT
cjal-3363	559	1	the	the	DET
cjal-3363	559	2	comparison	comparison	NOUN
cjal-3363	559	3	between	between	ADP
cjal-3363	559	4	these	these	DET
cjal-3363	559	5	three	three	NUM
cjal-3363	559	6	types	type	NOUN
cjal-3363	559	7	of	of	ADP
cjal-3363	559	8	enterprises	enterprise	NOUN
cjal-3363	559	9	may	may	AUX
cjal-3363	559	10	suggest	suggest	VERB
cjal-3363	559	11	that	that	SCONJ
cjal-3363	559	12	soes	soe	NOUN
cjal-3363	559	13	have	have	AUX
cjal-3363	559	14	lowered	lower	VERB
cjal-3363	559	15	regulatory	regulatory	ADJ
cjal-3363	559	16	costs	cost	NOUN
cjal-3363	559	17	.	.	PUNCT
cjal-3363	560	1	figure	figure	VERB
cjal-3363	560	2	3：death	3：death	NUM
cjal-3363	560	3	rate	rate	NOUN
cjal-3363	560	4	per	per	ADP
cjal-3363	560	5	million	million	NUM
cjal-3363	560	6	tons	ton	NOUN
cjal-3363	560	7	of	of	ADP
cjal-3363	560	8	coal	coal	NOUN
cjal-3363	560	9	production	production	NOUN
cjal-3363	560	10	source	source	NOUN
cjal-3363	560	11	:	:	PUNCT
cjal-3363	560	12	china	china	PROPN
cjal-3363	560	13	coal	coal	NOUN
cjal-3363	560	14	industry	industry	NOUN
cjal-3363	560	15	yearbook	yearbook	NOUN
cjal-3363	560	16	2008	2008	NUM
cjal-3363	560	17	centrally	centrally	ADV
cjal-3363	560	18	owned	own	VERB
cjal-3363	560	19	soes	soe	NOUN
cjal-3363	560	20	may	may	AUX
cjal-3363	560	21	take	take	VERB
cjal-3363	560	22	advantage	advantage	NOUN
cjal-3363	560	23	of	of	ADP
cjal-3363	560	24	ex	ex	PRON
cjal-3363	560	25	ante	ante	PROPN
cjal-3363	560	26	internal	internal	PROPN
cjal-3363	560	27	control	control	NOUN
cjal-3363	560	28	,	,	PUNCT
cjal-3363	560	29	rather	rather	ADV
cjal-3363	560	30	than	than	ADP
cjal-3363	560	31	ex	ex	PRON
cjal-3363	560	32	post	post	NOUN
cjal-3363	560	33	liabilities	liability	NOUN
cjal-3363	560	34	and	and	CCONJ
cjal-3363	560	35	other	other	ADJ
cjal-3363	560	36	deterrence	deterrence	NOUN
cjal-3363	560	37	methods	method	NOUN
cjal-3363	560	38	,	,	PUNCT
cjal-3363	560	39	to	to	PART
cjal-3363	560	40	reduce	reduce	VERB
cjal-3363	560	41	safety	safety	NOUN
cjal-3363	560	42	risks	risk	NOUN
cjal-3363	560	43	.	.	PUNCT
cjal-3363	561	1	they	they	PRON
cjal-3363	561	2	may	may	AUX
cjal-3363	561	3	devise	devise	VERB
cjal-3363	561	4	internal	internal	ADJ
cjal-3363	561	5	measures	measure	NOUN
cjal-3363	561	6	that	that	PRON
cjal-3363	561	7	incentivize	incentivize	VERB
cjal-3363	561	8	managers	manager	NOUN
cjal-3363	561	9	to	to	PART
cjal-3363	561	10	focus	focus	VERB
cjal-3363	561	11	more	more	ADV
cjal-3363	561	12	on	on	ADP
cjal-3363	561	13	the	the	DET
cjal-3363	561	14	safety	safety	NOUN
cjal-3363	561	15	of	of	ADP
cjal-3363	561	16	employees	employee	NOUN
cjal-3363	561	17	.	.	PUNCT
cjal-3363	562	1	they	they	PRON
cjal-3363	562	2	also	also	ADV
cjal-3363	562	3	enter	enter	VERB
cjal-3363	562	4	into	into	ADP
cjal-3363	562	5	long	long	ADJ
cjal-3363	562	6	-	-	PUNCT
cjal-3363	562	7	term	term	NOUN
cjal-3363	562	8	relationships	relationship	NOUN
cjal-3363	562	9	with	with	ADP
cjal-3363	562	10	employees	employee	NOUN
cjal-3363	562	11	and	and	CCONJ
cjal-3363	562	12	may	may	AUX
cjal-3363	562	13	invest	invest	VERB
cjal-3363	562	14	more	more	ADV
cjal-3363	562	15	in	in	ADP
cjal-3363	562	16	human	human	ADJ
cjal-3363	562	17	capital.120	capital.120	PROPN
cjal-3363	562	18	by	by	ADP
cjal-3363	562	19	contrast	contrast	NOUN
cjal-3363	562	20	,	,	PUNCT
cjal-3363	562	21	tves	tve	NOUN
cjal-3363	562	22	may	may	AUX
cjal-3363	562	23	under	under	ADV
cjal-3363	562	24	-	-	PUNCT
cjal-3363	562	25	invest	invest	VERB
cjal-3363	562	26	in	in	ADP
cjal-3363	562	27	training	training	NOUN
cjal-3363	562	28	because	because	SCONJ
cjal-3363	562	29	the	the	DET
cjal-3363	562	30	expected	expect	VERB
cjal-3363	562	31	employment	employment	NOUN
cjal-3363	562	32	term	term	NOUN
cjal-3363	562	33	is	be	AUX
cjal-3363	562	34	relatively	relatively	ADV
cjal-3363	562	35	short	short	ADJ
cjal-3363	562	36	,	,	PUNCT
cjal-3363	562	37	leading	lead	VERB
cjal-3363	562	38	119	119	NUM
cjal-3363	562	39	see	see	VERB
cjal-3363	562	40	generally	generally	ADV
cjal-3363	562	41	yasheng	yasheng	PROPN
cjal-3363	562	42	huang	huang	PROPN
cjal-3363	562	43	,	,	PUNCT
cjal-3363	562	44	capitalism	capitalism	NOUN
cjal-3363	562	45	with	with	ADP
cjal-3363	562	46	chinese	chinese	ADJ
cjal-3363	562	47	characteristics	characteristic	NOUN
cjal-3363	562	48	:	:	PUNCT
cjal-3363	562	49	entrepreneurship	entrepreneurship	NOUN
cjal-3363	562	50	and	and	CCONJ
cjal-3363	562	51	the	the	DET
cjal-3363	562	52	state	state	NOUN
cjal-3363	562	53	1–49	1–49	PROPN
cjal-3363	562	54	(	(	PUNCT
cjal-3363	562	55	2008	2008	NUM
cjal-3363	562	56	)	)	PUNCT
cjal-3363	562	57	.	.	PUNCT
cjal-3363	563	1	payments	payment	NOUN
cjal-3363	563	2	to	to	ADP
cjal-3363	563	3	employees	employee	NOUN
cjal-3363	563	4	in	in	ADP
cjal-3363	563	5	tves	tve	NOUN
cjal-3363	563	6	are	be	AUX
cjal-3363	563	7	closely	closely	ADV
cjal-3363	563	8	connected	connect	VERB
cjal-3363	563	9	to	to	ADP
cjal-3363	563	10	financial	financial	ADJ
cjal-3363	563	11	performance	performance	NOUN
cjal-3363	563	12	.	.	PUNCT
cjal-3363	564	1	see	see	VERB
cjal-3363	564	2	william	william	PROPN
cjal-3363	564	3	byrd	byrd	PROPN
cjal-3363	564	4	&	&	CCONJ
cjal-3363	564	5	alan	alan	PROPN
cjal-3363	564	6	gelb	gelb	PROPN
cjal-3363	564	7	,	,	PUNCT
cjal-3363	564	8	township	township	NOUN
cjal-3363	564	9	,	,	PUNCT
cjal-3363	564	10	village	village	NOUN
cjal-3363	564	11	,	,	PUNCT
cjal-3363	564	12	and	and	CCONJ
cjal-3363	564	13	private	private	ADJ
cjal-3363	564	14	industry	industry	NOUN
cjal-3363	564	15	in	in	ADP
cjal-3363	564	16	china	china	PROPN
cjal-3363	564	17	's	's	PART
cjal-3363	564	18	economic	economic	ADJ
cjal-3363	564	19	reform	reform	NOUN
cjal-3363	564	20	25	25	NUM
cjal-3363	564	21	(	(	PUNCT
cjal-3363	564	22	world	world	NOUN
cjal-3363	564	23	bank	bank	NOUN
cjal-3363	564	24	policy	policy	NOUN
cjal-3363	564	25	research	research	NOUN
cjal-3363	564	26	working	work	VERB
cjal-3363	564	27	papers	paper	NOUN
cjal-3363	564	28	wps406	wps406	VERB
cjal-3363	564	29	,	,	PUNCT
cjal-3363	564	30	1990	1990	NUM
cjal-3363	564	31	)	)	PUNCT
cjal-3363	564	32	,	,	PUNCT
cjal-3363	564	33	available	available	ADJ
cjal-3363	564	34	at	at	ADP
cjal-3363	564	35	http://wwwwds.worldbank.org/external/default/wdscontentserver/wdsp/ib/1990/04/01/000009265_3960930001706/render	http://wwwwds.worldbank.org/external/default/wdscontentserver/wdsp/ib/1990/04/01/000009265_3960930001706/render	NOUN
cjal-3363	564	36	ed	ed	NOUN
cjal-3363	564	37	/	/	SYM
cjal-3363	564	38	pdf	pdf	NOUN
cjal-3363	564	39	/	/	SYM
cjal-3363	564	40	multi0page.pdf	multi0page.pdf	NOUN
cjal-3363	564	41	.	.	PUNCT
cjal-3363	565	1	120	120	NUM
cjal-3363	565	2	see	see	VERB
cjal-3363	565	3	byrd	byrd	PROPN
cjal-3363	565	4	&	&	CCONJ
cjal-3363	565	5	gelb	gelb	PROPN
cjal-3363	565	6	,	,	PUNCT
cjal-3363	565	7	supra	supra	PROPN
cjal-3363	565	8	note	note	VERB
cjal-3363	565	9	119	119	NUM
cjal-3363	565	10	at	at	ADP
cjal-3363	565	11	24	24	NUM
cjal-3363	565	12	.	.	PUNCT
cjal-3363	566	1	0.00	0.00	NUM
cjal-3363	566	2	5.00	5.00	NUM
cjal-3363	566	3	10.00	10.00	NUM
cjal-3363	566	4	15.00	15.00	NUM
cjal-3363	566	5	20.00	20.00	NUM
cjal-3363	566	6	1	1	NUM
cjal-3363	566	7	9	9	NUM
cjal-3363	566	8	6	6	NUM
cjal-3363	566	9	6	6	NUM
cjal-3363	566	10	1	1	NUM
cjal-3363	566	11	9	9	NUM
cjal-3363	566	12	6	6	NUM
cjal-3363	566	13	9	9	NUM
cjal-3363	566	14	1	1	NUM
cjal-3363	566	15	9	9	NUM
cjal-3363	566	16	7	7	NUM
cjal-3363	566	17	2	2	NUM
cjal-3363	566	18	1	1	NUM
cjal-3363	566	19	9	9	NUM
cjal-3363	566	20	7	7	NUM
cjal-3363	566	21	5	5	NUM
cjal-3363	566	22	1	1	NUM
cjal-3363	566	23	9	9	NUM
cjal-3363	566	24	7	7	NUM
cjal-3363	566	25	8	8	NUM
cjal-3363	566	26	1	1	NUM
cjal-3363	566	27	9	9	NUM
cjal-3363	566	28	8	8	NUM
cjal-3363	566	29	1	1	NUM
cjal-3363	566	30	1	1	NUM
cjal-3363	566	31	9	9	NUM
cjal-3363	566	32	8	8	NUM
cjal-3363	566	33	4	4	NUM
cjal-3363	566	34	1	1	NUM
cjal-3363	566	35	9	9	NUM
cjal-3363	566	36	8	8	NUM
cjal-3363	566	37	7	7	NUM
cjal-3363	566	38	1	1	NUM
cjal-3363	566	39	9	9	NUM
cjal-3363	566	40	9	9	NUM
cjal-3363	566	41	0	0	NUM
cjal-3363	566	42	1	1	NUM
cjal-3363	566	43	9	9	NUM
cjal-3363	566	44	9	9	NUM
cjal-3363	566	45	3	3	NUM
cjal-3363	566	46	1	1	NUM
cjal-3363	566	47	9	9	NUM
cjal-3363	566	48	9	9	NUM
cjal-3363	566	49	6	6	NUM
cjal-3363	566	50	1	1	NUM
cjal-3363	566	51	9	9	NUM
cjal-3363	566	52	9	9	NUM
cjal-3363	566	53	9	9	NUM
cjal-3363	566	54	2	2	NUM
cjal-3363	566	55	0	0	NUM
cjal-3363	566	56	0	0	NUM
cjal-3363	566	57	2	2	NUM
cjal-3363	566	58	2	2	NUM
cjal-3363	566	59	0	0	NUM
cjal-3363	566	60	0	0	NUM
cjal-3363	566	61	5	5	NUM
cjal-3363	566	62	2	2	NUM
cjal-3363	566	63	0	0	NUM
cjal-3363	566	64	0	0	NUM
cjal-3363	566	65	8	8	NUM
cjal-3363	566	66	soes	soe	NOUN
cjal-3363	566	67	local	local	ADJ
cjal-3363	566	68	government	government	NOUN
cjal-3363	566	69	owned	own	VERB
cjal-3363	566	70	enterprises	enterprise	NOUN
cjal-3363	566	71	tves	tve	VERB
cjal-3363	566	72	year	year	NOUN
cjal-3363	567	1	d	d	X
cjal-3363	567	2	ea	ea	X
cjal-3363	567	3	th	th	X
cjal-3363	567	4	r	r	NOUN
cjal-3363	567	5	at	at	ADP
cjal-3363	567	6	e	e	PROPN
cjal-3363	567	7	http://www-wds.worldbank.org/external/default/wdscontentserver/wdsp/ib/1990/04/01/000009265_3960930001706/rendered/pdf/multi0page.pdf	http://www-wds.worldbank.org/external/default/wdscontentserver/wdsp/ib/1990/04/01/000009265_3960930001706/rendered/pdf/multi0page.pdf	PROPN
cjal-3363	567	8	http://www-wds.worldbank.org/external/default/wdscontentserver/wdsp/ib/1990/04/01/000009265_3960930001706/rendered/pdf/multi0page.pdf	http://www-wds.worldbank.org/external/default/wdscontentserver/wdsp/ib/1990/04/01/000009265_3960930001706/rendered/pdf/multi0page.pdf	PROPN
cjal-3363	567	9	http://www-wds.worldbank.org/external/default/wdscontentserver/wdsp/ib/1990/04/01/000009265_3960930001706/rendered/pdf/multi0page.pdf	http://www-wds.worldbank.org/external/default/wdscontentserver/wdsp/ib/1990/04/01/000009265_3960930001706/rendered/pdf/multi0page.pdf	PROPN
cjal-3363	567	10	2017	2017	NUM
cjal-3363	567	11	]	]	PUNCT
cjal-3363	567	12	state	state	NOUN
cjal-3363	567	13	ownership	ownership	NOUN
cjal-3363	567	14	and	and	CCONJ
cjal-3363	567	15	regulatory	regulatory	ADJ
cjal-3363	567	16	costs	cost	NOUN
cjal-3363	567	17	29	29	NUM
cjal-3363	567	18	employees	employee	NOUN
cjal-3363	567	19	to	to	PART
cjal-3363	567	20	engage	engage	VERB
cjal-3363	567	21	in	in	ADP
cjal-3363	567	22	more	more	ADV
cjal-3363	567	23	dangerous	dangerous	ADJ
cjal-3363	567	24	activities	activity	NOUN
cjal-3363	567	25	.	.	PUNCT
cjal-3363	568	1	moreover	moreover	ADV
cjal-3363	568	2	,	,	PUNCT
cjal-3363	568	3	soes	soe	NOUN
cjal-3363	568	4	are	be	AUX
cjal-3363	568	5	generally	generally	ADV
cjal-3363	568	6	larger	large	ADJ
cjal-3363	568	7	in	in	ADP
cjal-3363	568	8	size	size	NOUN
cjal-3363	568	9	compared	compare	VERB
cjal-3363	568	10	with	with	ADP
cjal-3363	568	11	tves	tve	NOUN
cjal-3363	568	12	.	.	PUNCT
cjal-3363	569	1	they	they	PRON
cjal-3363	569	2	may	may	AUX
cjal-3363	569	3	thus	thus	ADV
cjal-3363	569	4	find	find	VERB
cjal-3363	569	5	it	it	PRON
cjal-3363	569	6	less	less	ADV
cjal-3363	569	7	costly	costly	ADJ
cjal-3363	569	8	to	to	PART
cjal-3363	569	9	install	install	VERB
cjal-3363	569	10	safety	safety	NOUN
cjal-3363	569	11	equipment	equipment	NOUN
cjal-3363	569	12	due	due	ADJ
cjal-3363	569	13	to	to	ADP
cjal-3363	569	14	economies	economy	NOUN
cjal-3363	569	15	of	of	ADP
cjal-3363	569	16	scale.121	scale.121	NOUN
cjal-3363	569	17	thus	thus	ADV
cjal-3363	569	18	,	,	PUNCT
cjal-3363	569	19	soes	soe	NOUN
cjal-3363	569	20	may	may	AUX
cjal-3363	569	21	improve	improve	VERB
cjal-3363	569	22	employee	employee	NOUN
cjal-3363	569	23	safety	safety	NOUN
cjal-3363	569	24	and	and	CCONJ
cjal-3363	569	25	reduce	reduce	VERB
cjal-3363	569	26	the	the	DET
cjal-3363	569	27	death	death	NOUN
cjal-3363	569	28	rate	rate	NOUN
cjal-3363	569	29	compared	compare	VERB
cjal-3363	569	30	with	with	ADP
cjal-3363	569	31	private	private	ADJ
cjal-3363	569	32	enterprises	enterprise	NOUN
cjal-3363	569	33	.	.	PUNCT
cjal-3363	570	1	in	in	ADP
cjal-3363	570	2	the	the	DET
cjal-3363	570	3	1990s	1990	NOUN
cjal-3363	570	4	,	,	PUNCT
cjal-3363	570	5	the	the	DET
cjal-3363	570	6	state	state	NOUN
cjal-3363	570	7	recognized	recognize	VERB
cjal-3363	570	8	the	the	DET
cjal-3363	570	9	challenges	challenge	NOUN
cjal-3363	570	10	posed	pose	VERB
cjal-3363	570	11	by	by	ADP
cjal-3363	570	12	small	small	ADJ
cjal-3363	570	13	private	private	ADJ
cjal-3363	570	14	coal	coal	NOUN
cjal-3363	570	15	mines	mine	NOUN
cjal-3363	570	16	and	and	CCONJ
cjal-3363	570	17	began	begin	VERB
cjal-3363	570	18	to	to	PART
cjal-3363	570	19	close	close	VERB
cjal-3363	570	20	them	they	PRON
cjal-3363	570	21	down	down	ADP
cjal-3363	570	22	.	.	PUNCT
cjal-3363	571	1	in	in	ADP
cjal-3363	571	2	1997	1997	NUM
cjal-3363	571	3	,	,	PUNCT
cjal-3363	571	4	about	about	ADV
cjal-3363	571	5	10,000	10,000	NUM
cjal-3363	571	6	mines	mine	NOUN
cjal-3363	571	7	were	be	AUX
cjal-3363	571	8	shut	shut	VERB
cjal-3363	571	9	down.122	down.122	PROPN
cjal-3363	571	10	in	in	ADP
cjal-3363	571	11	2001	2001	NUM
cjal-3363	571	12	,	,	PUNCT
cjal-3363	571	13	all	all	DET
cjal-3363	571	14	mines	mine	NOUN
cjal-3363	571	15	owned	own	VERB
cjal-3363	571	16	by	by	ADP
cjal-3363	571	17	tves	tve	NOUN
cjal-3363	571	18	were	be	AUX
cjal-3363	571	19	ordered	order	VERB
cjal-3363	571	20	to	to	PART
cjal-3363	571	21	close	close	VERB
cjal-3363	571	22	unless	unless	SCONJ
cjal-3363	571	23	they	they	PRON
cjal-3363	571	24	could	could	AUX
cjal-3363	571	25	meet	meet	VERB
cjal-3363	571	26	safety	safety	NOUN
cjal-3363	571	27	standards.123	standards.123	NOUN
cjal-3363	571	28	as	as	ADP
cjal-3363	571	29	a	a	DET
cjal-3363	571	30	result	result	NOUN
cjal-3363	571	31	,	,	PUNCT
cjal-3363	571	32	the	the	DET
cjal-3363	571	33	number	number	NOUN
cjal-3363	571	34	of	of	ADP
cjal-3363	571	35	coal	coal	NOUN
cjal-3363	571	36	mines	mine	NOUN
cjal-3363	571	37	dropped	drop	VERB
cjal-3363	571	38	from	from	ADP
cjal-3363	571	39	82,000	82,000	NUM
cjal-3363	571	40	in	in	ADP
cjal-3363	571	41	1997	1997	NUM
cjal-3363	571	42	to	to	ADP
cjal-3363	571	43	22,000	22,000	NUM
cjal-3363	571	44	in	in	ADP
cjal-3363	571	45	2003.124	2003.124	PROPN
cjal-3363	571	46	in	in	ADP
cjal-3363	571	47	recent	recent	ADJ
cjal-3363	571	48	years	year	NOUN
cjal-3363	571	49	,	,	PUNCT
cjal-3363	571	50	however	however	ADV
cjal-3363	571	51	,	,	PUNCT
cjal-3363	571	52	the	the	DET
cjal-3363	571	53	difference	difference	NOUN
cjal-3363	571	54	between	between	ADP
cjal-3363	571	55	the	the	DET
cjal-3363	571	56	death	death	NOUN
cjal-3363	571	57	rates	rate	NOUN
cjal-3363	571	58	for	for	ADP
cjal-3363	571	59	different	different	ADJ
cjal-3363	571	60	types	type	NOUN
cjal-3363	571	61	of	of	ADP
cjal-3363	571	62	enterprises	enterprise	NOUN
cjal-3363	571	63	has	have	AUX
cjal-3363	571	64	narrowed	narrow	VERB
cjal-3363	571	65	.	.	PUNCT
cjal-3363	572	1	a	a	DET
cjal-3363	572	2	possible	possible	ADJ
cjal-3363	572	3	explanation	explanation	NOUN
cjal-3363	572	4	for	for	ADP
cjal-3363	572	5	this	this	DET
cjal-3363	572	6	trend	trend	NOUN
cjal-3363	572	7	is	be	AUX
cjal-3363	572	8	the	the	DET
cjal-3363	572	9	increase	increase	NOUN
cjal-3363	572	10	in	in	ADP
cjal-3363	572	11	regulatory	regulatory	ADJ
cjal-3363	572	12	capacity	capacity	NOUN
cjal-3363	572	13	and	and	CCONJ
cjal-3363	572	14	more	more	ADV
cjal-3363	572	15	sophisticated	sophisticated	ADJ
cjal-3363	572	16	regulatory	regulatory	ADJ
cjal-3363	572	17	rules	rule	NOUN
cjal-3363	572	18	on	on	ADP
cjal-3363	572	19	liabilities	liability	NOUN
cjal-3363	572	20	.	.	PUNCT
cjal-3363	573	1	additionally	additionally	ADV
cjal-3363	573	2	,	,	PUNCT
cjal-3363	573	3	china	china	PROPN
cjal-3363	573	4	has	have	AUX
cjal-3363	573	5	incentivized	incentivize	VERB
cjal-3363	573	6	many	many	ADJ
cjal-3363	573	7	private	private	ADJ
cjal-3363	573	8	corporations	corporation	NOUN
cjal-3363	573	9	to	to	PART
cjal-3363	573	10	grow	grow	VERB
cjal-3363	573	11	in	in	ADP
cjal-3363	573	12	size	size	NOUN
cjal-3363	573	13	through	through	ADP
cjal-3363	573	14	mergers	merger	NOUN
cjal-3363	573	15	and	and	CCONJ
cjal-3363	573	16	acquisitions	acquisition	NOUN
cjal-3363	573	17	,	,	PUNCT
cjal-3363	573	18	while	while	SCONJ
cjal-3363	573	19	gradually	gradually	ADV
cjal-3363	573	20	closing	close	VERB
cjal-3363	573	21	down	down	ADP
cjal-3363	573	22	small	small	ADJ
cjal-3363	573	23	-	-	PUNCT
cjal-3363	573	24	sized	sized	ADJ
cjal-3363	573	25	coal	coal	NOUN
cjal-3363	573	26	mines.125	mines.125	NOUN
cjal-3363	573	27	as	as	SCONJ
cjal-3363	573	28	private	private	ADJ
cjal-3363	573	29	corporations	corporation	NOUN
cjal-3363	573	30	become	become	VERB
cjal-3363	573	31	larger	large	ADJ
cjal-3363	573	32	,	,	PUNCT
cjal-3363	573	33	regulatory	regulatory	ADJ
cjal-3363	573	34	costs	cost	NOUN
cjal-3363	573	35	may	may	AUX
cjal-3363	573	36	decline	decline	VERB
cjal-3363	573	37	because	because	SCONJ
cjal-3363	573	38	large	large	ADJ
cjal-3363	573	39	private	private	ADJ
cjal-3363	573	40	corporations	corporation	NOUN
cjal-3363	573	41	have	have	VERB
cjal-3363	573	42	a	a	DET
cjal-3363	573	43	stronger	strong	ADJ
cjal-3363	573	44	incentive	incentive	NOUN
cjal-3363	573	45	to	to	PART
cjal-3363	573	46	comply	comply	VERB
cjal-3363	573	47	with	with	ADP
cjal-3363	573	48	regulatory	regulatory	ADJ
cjal-3363	573	49	goals	goal	NOUN
cjal-3363	573	50	.	.	PUNCT
cjal-3363	574	1	they	they	PRON
cjal-3363	574	2	have	have	VERB
cjal-3363	574	3	more	more	ADJ
cjal-3363	574	4	to	to	PART
cjal-3363	574	5	lose	lose	VERB
cjal-3363	574	6	when	when	SCONJ
cjal-3363	574	7	their	their	PRON
cjal-3363	574	8	licenses	license	NOUN
cjal-3363	574	9	are	be	AUX
cjal-3363	574	10	revoked	revoke	VERB
cjal-3363	574	11	due	due	ADP
cjal-3363	574	12	to	to	ADP
cjal-3363	574	13	violations	violation	NOUN
cjal-3363	574	14	,	,	PUNCT
cjal-3363	574	15	rendering	render	VERB
cjal-3363	574	16	all	all	DET
cjal-3363	574	17	fixed	fix	VERB
cjal-3363	574	18	investment	investment	NOUN
cjal-3363	574	19	worthless	worthless	ADJ
cjal-3363	574	20	,	,	PUNCT
cjal-3363	574	21	which	which	PRON
cjal-3363	574	22	increases	increase	VERB
cjal-3363	574	23	the	the	DET
cjal-3363	574	24	deterrence	deterrence	NOUN
cjal-3363	574	25	effect	effect	NOUN
cjal-3363	574	26	of	of	ADP
cjal-3363	574	27	regulation	regulation	NOUN
cjal-3363	574	28	.	.	PUNCT
cjal-3363	575	1	3	3	X
cjal-3363	575	2	.	.	X
cjal-3363	575	3	extraction	extraction	NOUN
cjal-3363	575	4	of	of	ADP
cjal-3363	575	5	petroleum	petroleum	NOUN
cjal-3363	575	6	and	and	CCONJ
cjal-3363	575	7	natural	natural	ADJ
cjal-3363	575	8	gas	gas	NOUN
cjal-3363	575	9	extraction	extraction	NOUN
cjal-3363	575	10	of	of	ADP
cjal-3363	575	11	petroleum	petroleum	NOUN
cjal-3363	575	12	and	and	CCONJ
cjal-3363	575	13	natural	natural	ADJ
cjal-3363	575	14	gas	gas	NOUN
cjal-3363	575	15	may	may	AUX
cjal-3363	575	16	,	,	PUNCT
cjal-3363	575	17	as	as	ADP
cjal-3363	575	18	in	in	ADP
cjal-3363	575	19	the	the	DET
cjal-3363	575	20	case	case	NOUN
cjal-3363	575	21	of	of	ADP
cjal-3363	575	22	coal	coal	NOUN
cjal-3363	575	23	mining	mining	NOUN
cjal-3363	575	24	,	,	PUNCT
cjal-3363	575	25	lead	lead	VERB
cjal-3363	575	26	to	to	ADP
cjal-3363	575	27	a	a	DET
cjal-3363	575	28	waste	waste	NOUN
cjal-3363	575	29	of	of	ADP
cjal-3363	575	30	nonrenewable	nonrenewable	ADJ
cjal-3363	575	31	energy	energy	NOUN
cjal-3363	575	32	resources	resource	NOUN
cjal-3363	575	33	,	,	PUNCT
cjal-3363	575	34	damage	damage	NOUN
cjal-3363	575	35	to	to	ADP
cjal-3363	575	36	the	the	DET
cjal-3363	575	37	environment,126	environment,126	NOUN
cjal-3363	575	38	and	and	CCONJ
cjal-3363	575	39	endanger	endanger	VERB
cjal-3363	575	40	the	the	DET
cjal-3363	575	41	safety	safety	NOUN
cjal-3363	575	42	of	of	ADP
cjal-3363	575	43	workers	worker	NOUN
cjal-3363	575	44	.	.	PUNCT
cjal-3363	576	1	these	these	DET
cjal-3363	576	2	problems	problem	NOUN
cjal-3363	576	3	may	may	AUX
cjal-3363	576	4	also	also	ADV
cjal-3363	576	5	be	be	AUX
cjal-3363	576	6	addressed	address	VERB
cjal-3363	576	7	by	by	ADP
cjal-3363	576	8	regulations	regulation	NOUN
cjal-3363	576	9	,	,	PUNCT
cjal-3363	576	10	however	however	ADV
cjal-3363	576	11	,	,	PUNCT
cjal-3363	576	12	enforcing	enforce	VERB
cjal-3363	576	13	these	these	DET
cjal-3363	576	14	regulations	regulation	NOUN
cjal-3363	576	15	may	may	AUX
cjal-3363	576	16	be	be	AUX
cjal-3363	576	17	difficult	difficult	ADJ
cjal-3363	576	18	.	.	PUNCT
cjal-3363	577	1	121	121	NUM
cjal-3363	577	2	wang	wang	PROPN
cjal-3363	577	3	shaoguang	shaoguang	PROPN
cjal-3363	577	4	,	,	PUNCT
cjal-3363	577	5	supra	supra	PROPN
cjal-3363	577	6	note	note	PROPN
cjal-3363	577	7	109	109	NUM
cjal-3363	577	8	,	,	PUNCT
cjal-3363	577	9	at	at	ADP
cjal-3363	577	10	95	95	NUM
cjal-3363	577	11	.	.	PUNCT
cjal-3363	577	12	122	122	NUM
cjal-3363	578	1	i	i	NOUN
cjal-3363	578	2	d	d	PROPN
cjal-3363	578	3	,	,	PUNCT
cjal-3363	578	4	at	at	ADP
cjal-3363	578	5	106	106	NUM
cjal-3363	578	6	.	.	PUNCT
cjal-3363	579	1	123	123	NUM
cjal-3363	579	2	i	i	PROPN
cjal-3363	579	3	d	d	PROPN
cjal-3363	579	4	,	,	PUNCT
cjal-3363	579	5	at	at	ADP
cjal-3363	579	6	106	106	NUM
cjal-3363	579	7	.	.	PUNCT
cjal-3363	580	1	124	124	NUM
cjal-3363	581	1	i	i	PROPN
cjal-3363	581	2	d	d	PROPN
cjal-3363	581	3	,	,	PUNCT
cjal-3363	581	4	at	at	ADP
cjal-3363	581	5	107	107	NUM
cjal-3363	581	6	125	125	NUM
cjal-3363	581	7	guanyu	guanyu	NOUN
cjal-3363	581	8	jiakuai	jiakuai	NOUN
cjal-3363	581	9	tuijin	tuijin	PROPN
cjal-3363	581	10	meikuang	meikuang	PROPN
cjal-3363	581	11	qiye	qiye	PROPN
cjal-3363	581	12	jianbing	jianbe	VERB
cjal-3363	581	13	chongzu	chongzu	PROPN
cjal-3363	581	14	de	de	ADP
cjal-3363	581	15	ruogan	ruogan	PROPN
cjal-3363	581	16	yijian(关于加快推进煤矿企业兼并重	yijian(关于加快推进煤矿企业兼并重	PROPN
cjal-3363	581	17	组的若干意见)[opinions	组的若干意见)[opinion	NOUN
cjal-3363	581	18	on	on	ADP
cjal-3363	581	19	accelerating	accelerate	VERB
cjal-3363	581	20	the	the	DET
cjal-3363	581	21	process	process	NOUN
cjal-3363	581	22	of	of	ADP
cjal-3363	581	23	merger	merger	NOUN
cjal-3363	581	24	and	and	CCONJ
cjal-3363	581	25	acquisition	acquisition	NOUN
cjal-3363	581	26	of	of	ADP
cjal-3363	581	27	coal	coal	NOUN
cjal-3363	581	28	mining	mining	NOUN
cjal-3363	581	29	corporations](promulgated	corporations](promulgate	VERB
cjal-3363	581	30	by	by	ADP
cjal-3363	581	31	the	the	DET
cjal-3363	581	32	national	national	PROPN
cjal-3363	581	33	development	development	PROPN
cjal-3363	581	34	and	and	CCONJ
cjal-3363	581	35	reform	reform	PROPN
cjal-3363	581	36	committee	committee	PROPN
cjal-3363	581	37	,	,	PUNCT
cjal-3363	581	38	oct	oct	PROPN
cjal-3363	581	39	.	.	PROPN
cjal-3363	581	40	16	16	NUM
cjal-3363	581	41	,	,	PUNCT
cjal-3363	581	42	2010	2010	NUM
cjal-3363	581	43	,	,	PUNCT
cjal-3363	581	44	effective	effective	ADJ
cjal-3363	581	45	oct	oct	PROPN
cjal-3363	581	46	.	.	PROPN
cjal-3363	581	47	16	16	NUM
cjal-3363	581	48	,	,	PUNCT
cjal-3363	581	49	2010	2010	NUM
cjal-3363	581	50	)	)	PUNCT
cjal-3363	581	51	.	.	PUNCT
cjal-3363	582	1	126	126	NUM
cjal-3363	582	2	david	david	PROPN
cjal-3363	582	3	m.	m.	PROPN
cjal-3363	582	4	schizer	schizer	PROPN
cjal-3363	582	5	,	,	PUNCT
cjal-3363	582	6	energy	energy	NOUN
cjal-3363	582	7	subsidies	subsidy	NOUN
cjal-3363	582	8	:	:	PUNCT
cjal-3363	582	9	worthy	worthy	ADJ
cjal-3363	582	10	goals	goal	NOUN
cjal-3363	582	11	,	,	PUNCT
cjal-3363	582	12	competing	compete	VERB
cjal-3363	582	13	priorities	priority	NOUN
cjal-3363	582	14	,	,	PUNCT
cjal-3363	582	15	and	and	CCONJ
cjal-3363	582	16	flawed	flaw	VERB
cjal-3363	582	17	institutional	institutional	ADJ
cjal-3363	582	18	design	design	NOUN
cjal-3363	582	19	,	,	PUNCT
cjal-3363	582	20	70	70	NUM
cjal-3363	582	21	taz	taz	PROPN
cjal-3363	582	22	l.	l.	PROPN
cjal-3363	582	23	rev	rev	PROPN
cjal-3363	582	24	.	.	PROPN
cjal-3363	582	25	243	243	NUM
cjal-3363	582	26	,	,	PUNCT
cjal-3363	582	27	249	249	NUM
cjal-3363	582	28	(	(	PUNCT
cjal-3363	582	29	2017	2017	NUM
cjal-3363	582	30	)	)	PUNCT
cjal-3363	582	31	.	.	PUNCT
cjal-3363	583	1	columbia	columbia	PROPN
cjal-3363	583	2	journal	journal	PROPN
cjal-3363	583	3	of	of	ADP
cjal-3363	583	4	asian	asian	ADJ
cjal-3363	583	5	law	law	NOUN
cjal-3363	584	1	[	[	X
cjal-3363	584	2	vol	vol	NOUN
cjal-3363	584	3	.	.	PUNCT
cjal-3363	585	1	31:1	31:1	NUM
cjal-3363	585	2	30	30	NUM
cjal-3363	585	3	this	this	DET
cjal-3363	585	4	sector	sector	NOUN
cjal-3363	585	5	faces	face	VERB
cjal-3363	585	6	an	an	DET
cjal-3363	585	7	additional	additional	ADJ
cjal-3363	585	8	regulatory	regulatory	ADJ
cjal-3363	585	9	problem	problem	NOUN
cjal-3363	585	10	.	.	PUNCT
cjal-3363	586	1	large	large	ADJ
cjal-3363	586	2	petroleum	petroleum	NOUN
cjal-3363	586	3	companies	company	NOUN
cjal-3363	586	4	may	may	AUX
cjal-3363	586	5	obtain	obtain	VERB
cjal-3363	586	6	the	the	DET
cjal-3363	586	7	benefits	benefit	NOUN
cjal-3363	586	8	of	of	ADP
cjal-3363	586	9	the	the	DET
cjal-3363	586	10	economies	economy	NOUN
cjal-3363	586	11	of	of	ADP
cjal-3363	586	12	scale.127	scale.127	NOUN
cjal-3363	586	13	however	however	ADV
cjal-3363	586	14	,	,	PUNCT
cjal-3363	586	15	as	as	SCONJ
cjal-3363	586	16	petroleum	petroleum	NOUN
cjal-3363	586	17	companies	company	NOUN
cjal-3363	586	18	become	become	VERB
cjal-3363	586	19	larger	large	ADJ
cjal-3363	586	20	,	,	PUNCT
cjal-3363	586	21	they	they	PRON
cjal-3363	586	22	also	also	ADV
cjal-3363	586	23	gain	gain	VERB
cjal-3363	586	24	market	market	NOUN
cjal-3363	586	25	power	power	NOUN
cjal-3363	586	26	and	and	CCONJ
cjal-3363	586	27	can	can	AUX
cjal-3363	586	28	set	set	VERB
cjal-3363	586	29	higher	high	ADJ
cjal-3363	586	30	prices	price	NOUN
cjal-3363	586	31	,	,	PUNCT
cjal-3363	586	32	which	which	PRON
cjal-3363	586	33	harms	harm	VERB
cjal-3363	586	34	domestic	domestic	ADJ
cjal-3363	586	35	consumers	consumer	NOUN
cjal-3363	586	36	.	.	PUNCT
cjal-3363	587	1	although	although	SCONJ
cjal-3363	587	2	the	the	DET
cjal-3363	587	3	state	state	NOUN
cjal-3363	587	4	can	can	AUX
cjal-3363	587	5	still	still	ADV
cjal-3363	587	6	impose	impose	VERB
cjal-3363	587	7	price	price	NOUN
cjal-3363	587	8	regulation	regulation	NOUN
cjal-3363	587	9	,	,	PUNCT
cjal-3363	587	10	large	large	ADJ
cjal-3363	587	11	petroleum	petroleum	NOUN
cjal-3363	587	12	companies	company	NOUN
cjal-3363	587	13	may	may	AUX
cjal-3363	587	14	be	be	AUX
cjal-3363	587	15	too	too	ADV
cjal-3363	587	16	economically	economically	ADV
cjal-3363	587	17	powerful	powerful	ADJ
cjal-3363	587	18	to	to	PART
cjal-3363	587	19	control	control	VERB
cjal-3363	587	20	since	since	SCONJ
cjal-3363	587	21	they	they	PRON
cjal-3363	587	22	may	may	AUX
cjal-3363	587	23	capture	capture	VERB
cjal-3363	587	24	the	the	DET
cjal-3363	587	25	legislature	legislature	NOUN
cjal-3363	587	26	and	and	CCONJ
cjal-3363	587	27	influence	influence	VERB
cjal-3363	587	28	the	the	DET
cjal-3363	587	29	policy	policy	NOUN
cjal-3363	587	30	-	-	PUNCT
cjal-3363	587	31	making	make	VERB
cjal-3363	587	32	process	process	NOUN
cjal-3363	587	33	.	.	PUNCT
cjal-3363	588	1	128	128	NUM
cjal-3363	588	2	the	the	DET
cjal-3363	588	3	administrative	administrative	ADJ
cjal-3363	588	4	capacity	capacity	NOUN
cjal-3363	588	5	of	of	ADP
cjal-3363	588	6	china	china	PROPN
cjal-3363	588	7	may	may	AUX
cjal-3363	588	8	also	also	ADV
cjal-3363	588	9	be	be	AUX
cjal-3363	588	10	too	too	ADV
cjal-3363	588	11	weak	weak	ADJ
cjal-3363	588	12	in	in	ADP
cjal-3363	588	13	enforcing	enforce	VERB
cjal-3363	588	14	price	price	NOUN
cjal-3363	588	15	regulation	regulation	NOUN
cjal-3363	588	16	.	.	PUNCT
cjal-3363	589	1	state	state	NOUN
cjal-3363	589	2	ownership	ownership	NOUN
cjal-3363	589	3	may	may	AUX
cjal-3363	589	4	alleviate	alleviate	VERB
cjal-3363	589	5	the	the	DET
cjal-3363	589	6	regulatory	regulatory	ADJ
cjal-3363	589	7	problem	problem	NOUN
cjal-3363	589	8	of	of	ADP
cjal-3363	589	9	petroleum	petroleum	NOUN
cjal-3363	589	10	and	and	CCONJ
cjal-3363	589	11	gas	gas	NOUN
cjal-3363	589	12	prices	price	NOUN
cjal-3363	589	13	.	.	PUNCT
cjal-3363	590	1	when	when	SCONJ
cjal-3363	590	2	the	the	DET
cjal-3363	590	3	enterprise	enterprise	NOUN
cjal-3363	590	4	is	be	AUX
cjal-3363	590	5	state	state	NOUN
cjal-3363	590	6	-	-	PUNCT
cjal-3363	590	7	owned	own	VERB
cjal-3363	590	8	,	,	PUNCT
cjal-3363	590	9	if	if	SCONJ
cjal-3363	590	10	prices	price	NOUN
cjal-3363	590	11	are	be	AUX
cjal-3363	590	12	set	set	VERB
cjal-3363	590	13	too	too	ADV
cjal-3363	590	14	high	high	ADJ
cjal-3363	590	15	,	,	PUNCT
cjal-3363	590	16	the	the	DET
cjal-3363	590	17	resulting	result	VERB
cjal-3363	590	18	profits	profit	NOUN
cjal-3363	590	19	will	will	AUX
cjal-3363	590	20	become	become	VERB
cjal-3363	590	21	a	a	DET
cjal-3363	590	22	source	source	NOUN
cjal-3363	590	23	of	of	ADP
cjal-3363	590	24	fiscal	fiscal	ADJ
cjal-3363	590	25	revenue	revenue	NOUN
cjal-3363	590	26	that	that	PRON
cjal-3363	590	27	can	can	AUX
cjal-3363	590	28	be	be	AUX
cjal-3363	590	29	used	use	VERB
cjal-3363	590	30	for	for	ADP
cjal-3363	590	31	public	public	ADJ
cjal-3363	590	32	purposes	purpose	NOUN
cjal-3363	590	33	.	.	PUNCT
cjal-3363	591	1	if	if	SCONJ
cjal-3363	591	2	prices	price	NOUN
cjal-3363	591	3	are	be	AUX
cjal-3363	591	4	too	too	ADV
cjal-3363	591	5	low	low	ADJ
cjal-3363	591	6	,	,	PUNCT
cjal-3363	591	7	the	the	DET
cjal-3363	591	8	state	state	NOUN
cjal-3363	591	9	can	can	AUX
cjal-3363	591	10	still	still	ADV
cjal-3363	591	11	subsidize	subsidize	VERB
cjal-3363	591	12	the	the	DET
cjal-3363	591	13	corporations	corporation	NOUN
cjal-3363	591	14	.	.	PUNCT
cjal-3363	592	1	although	although	SCONJ
cjal-3363	592	2	soes	soe	NOUN
cjal-3363	592	3	do	do	AUX
cjal-3363	592	4	not	not	PART
cjal-3363	592	5	directly	directly	ADV
cjal-3363	592	6	distribute	distribute	VERB
cjal-3363	592	7	dividends	dividend	NOUN
cjal-3363	592	8	to	to	ADP
cjal-3363	592	9	the	the	DET
cjal-3363	592	10	public	public	NOUN
cjal-3363	592	11	in	in	ADP
cjal-3363	592	12	china	china	PROPN
cjal-3363	592	13	today	today	NOUN
cjal-3363	592	14	,	,	PUNCT
cjal-3363	592	15	the	the	DET
cjal-3363	592	16	state	state	NOUN
cjal-3363	592	17	may	may	AUX
cjal-3363	592	18	still	still	ADV
cjal-3363	592	19	legitimately	legitimately	ADV
cjal-3363	592	20	collect	collect	VERB
cjal-3363	592	21	dividends	dividend	NOUN
cjal-3363	592	22	from	from	ADP
cjal-3363	592	23	these	these	DET
cjal-3363	592	24	enterprises	enterprise	NOUN
cjal-3363	592	25	and	and	CCONJ
cjal-3363	592	26	spend	spend	VERB
cjal-3363	592	27	them	they	PRON
cjal-3363	592	28	with	with	ADP
cjal-3363	592	29	the	the	DET
cjal-3363	592	30	public	public	ADJ
cjal-3363	592	31	interest	interest	NOUN
cjal-3363	592	32	in	in	ADP
cjal-3363	592	33	mind	mind	NOUN
cjal-3363	592	34	in	in	ADP
cjal-3363	592	35	the	the	DET
cjal-3363	592	36	future.129	future.129	PROPN
cjal-3363	592	37	4	4	NUM
cjal-3363	592	38	.	.	PUNCT
cjal-3363	592	39	tobacco	tobacco	VERB
cjal-3363	592	40	the	the	DET
cjal-3363	592	41	domination	domination	NOUN
cjal-3363	592	42	of	of	ADP
cjal-3363	592	43	soes	soe	NOUN
cjal-3363	592	44	in	in	ADP
cjal-3363	592	45	the	the	DET
cjal-3363	592	46	tobacco	tobacco	NOUN
cjal-3363	592	47	sector	sector	NOUN
cjal-3363	592	48	has	have	AUX
cjal-3363	592	49	largely	largely	ADV
cjal-3363	592	50	remained	remain	VERB
cjal-3363	592	51	unchanged	unchanged	ADJ
cjal-3363	592	52	in	in	ADP
cjal-3363	592	53	the	the	DET
cjal-3363	592	54	last	last	ADJ
cjal-3363	592	55	few	few	ADJ
cjal-3363	592	56	decades	decade	NOUN
cjal-3363	592	57	.	.	PUNCT
cjal-3363	593	1	one	one	NUM
cjal-3363	593	2	possible	possible	ADJ
cjal-3363	593	3	explanation	explanation	NOUN
cjal-3363	593	4	is	be	AUX
cjal-3363	593	5	that	that	SCONJ
cjal-3363	593	6	soes	soe	NOUN
cjal-3363	593	7	in	in	ADP
cjal-3363	593	8	this	this	DET
cjal-3363	593	9	sector	sector	NOUN
cjal-3363	593	10	have	have	AUX
cjal-3363	593	11	captured	capture	VERB
cjal-3363	593	12	the	the	DET
cjal-3363	593	13	government	government	NOUN
cjal-3363	593	14	to	to	PART
cjal-3363	593	15	resist	resist	VERB
cjal-3363	593	16	privatization	privatization	NOUN
cjal-3363	593	17	.	.	PUNCT
cjal-3363	594	1	another	another	DET
cjal-3363	594	2	possible	possible	ADJ
cjal-3363	594	3	reason	reason	NOUN
cjal-3363	594	4	for	for	SCONJ
cjal-3363	594	5	the	the	DET
cjal-3363	594	6	state	state	NOUN
cjal-3363	594	7	to	to	PART
cjal-3363	594	8	maintain	maintain	VERB
cjal-3363	594	9	soes	soe	NOUN
cjal-3363	594	10	in	in	ADP
cjal-3363	594	11	this	this	DET
cjal-3363	594	12	industry	industry	NOUN
cjal-3363	594	13	is	be	AUX
cjal-3363	594	14	that	that	SCONJ
cjal-3363	594	15	it	it	PRON
cjal-3363	594	16	allows	allow	VERB
cjal-3363	594	17	the	the	DET
cjal-3363	594	18	government	government	NOUN
cjal-3363	594	19	to	to	PART
cjal-3363	594	20	extract	extract	VERB
cjal-3363	594	21	revenue	revenue	NOUN
cjal-3363	594	22	by	by	ADP
cjal-3363	594	23	monopolizing	monopolize	VERB
cjal-3363	594	24	the	the	DET
cjal-3363	594	25	industry	industry	NOUN
cjal-3363	594	26	and	and	CCONJ
cjal-3363	594	27	taking	take	VERB
cjal-3363	594	28	profits	profit	NOUN
cjal-3363	594	29	out	out	ADP
cjal-3363	594	30	of	of	ADP
cjal-3363	594	31	it	it	PRON
cjal-3363	594	32	.	.	PUNCT
cjal-3363	595	1	the	the	DET
cjal-3363	595	2	effects	effect	NOUN
cjal-3363	595	3	of	of	ADP
cjal-3363	595	4	monopoly	monopoly	NOUN
cjal-3363	595	5	profits	profit	NOUN
cjal-3363	595	6	are	be	AUX
cjal-3363	595	7	similar	similar	ADJ
cjal-3363	595	8	to	to	ADP
cjal-3363	595	9	a	a	DET
cjal-3363	595	10	tobacco	tobacco	NOUN
cjal-3363	595	11	tax	tax	NOUN
cjal-3363	595	12	:	:	PUNCT
cjal-3363	595	13	they	they	PRON
cjal-3363	595	14	reduce	reduce	VERB
cjal-3363	595	15	consumption	consumption	NOUN
cjal-3363	595	16	by	by	ADP
cjal-3363	595	17	increasing	increase	VERB
cjal-3363	595	18	tobacco	tobacco	NOUN
cjal-3363	595	19	prices.130	prices.130	NOUN
cjal-3363	595	20	127	127	NUM
cjal-3363	595	21	see	see	NOUN
cjal-3363	595	22	u.s	u.s	PROPN
cjal-3363	595	23	.	.	PROPN
cjal-3363	595	24	general	general	ADJ
cjal-3363	595	25	accounting	accounting	PROPN
cjal-3363	595	26	office	office	NOUN
cjal-3363	595	27	,	,	PUNCT
cjal-3363	595	28	gao-04	gao-04	PROPN
cjal-3363	595	29	-	-	PUNCT
cjal-3363	595	30	96	96	NUM
cjal-3363	595	31	,	,	PUNCT
cjal-3363	595	32	energy	energy	NOUN
cjal-3363	595	33	markets	market	NOUN
cjal-3363	595	34	:	:	PUNCT
cjal-3363	595	35	effects	effect	NOUN
cjal-3363	595	36	of	of	ADP
cjal-3363	595	37	mergers	merger	NOUN
cjal-3363	595	38	and	and	CCONJ
cjal-3363	595	39	market	market	NOUN
cjal-3363	595	40	concentration	concentration	NOUN
cjal-3363	595	41	in	in	ADP
cjal-3363	595	42	the	the	DET
cjal-3363	595	43	u.s	u.s	PROPN
cjal-3363	595	44	petroleum	petroleum	NOUN
cjal-3363	595	45	industry	industry	NOUN
cjal-3363	595	46	(	(	PUNCT
cjal-3363	595	47	2004	2004	NUM
cjal-3363	595	48	)	)	PUNCT
cjal-3363	595	49	,	,	PUNCT
cjal-3363	595	50	available	available	ADJ
cjal-3363	595	51	at	at	ADP
cjal-3363	595	52	http://www.gao.gov/new.items/d0496.pdf	http://www.gao.gov/new.items/d0496.pdf	PROPN
cjal-3363	595	53	.	.	PROPN
cjal-3363	596	1	128	128	NUM
cjal-3363	596	2	in	in	ADP
cjal-3363	596	3	the	the	DET
cjal-3363	596	4	united	united	PROPN
cjal-3363	596	5	states	states	PROPN
cjal-3363	596	6	,	,	PUNCT
cjal-3363	596	7	the	the	DET
cjal-3363	596	8	fear	fear	NOUN
cjal-3363	596	9	of	of	ADP
cjal-3363	596	10	concentration	concentration	NOUN
cjal-3363	596	11	of	of	ADP
cjal-3363	596	12	economic	economic	ADJ
cjal-3363	596	13	power	power	NOUN
cjal-3363	596	14	in	in	ADP
cjal-3363	596	15	large	large	ADJ
cjal-3363	596	16	corporations	corporation	NOUN
cjal-3363	596	17	has	have	AUX
cjal-3363	596	18	led	lead	VERB
cjal-3363	596	19	to	to	ADP
cjal-3363	596	20	the	the	DET
cjal-3363	596	21	development	development	NOUN
cjal-3363	596	22	of	of	ADP
cjal-3363	596	23	antitrust	antitrust	ADJ
cjal-3363	596	24	law	law	NOUN
cjal-3363	596	25	.	.	PUNCT
cjal-3363	597	1	see	see	VERB
cjal-3363	597	2	e.g.	e.g.	ADV
cjal-3363	597	3	,	,	PUNCT
cjal-3363	597	4	stephen	stephen	PROPN
cjal-3363	597	5	f.	f.	PROPN
cjal-3363	597	6	ross	ross	PROPN
cjal-3363	597	7	,	,	PUNCT
cjal-3363	597	8	principles	principle	NOUN
cjal-3363	597	9	of	of	ADP
cjal-3363	597	10	antitrust	antitrust	ADJ
cjal-3363	597	11	law	law	NOUN
cjal-3363	597	12	1	1	NUM
cjal-3363	597	13	(	(	PUNCT
cjal-3363	597	14	1993	1993	NUM
cjal-3363	597	15	)	)	PUNCT
cjal-3363	597	16	.	.	PUNCT
cjal-3363	598	1	129	129	NUM
cjal-3363	598	2	in	in	ADP
cjal-3363	598	3	a	a	DET
cjal-3363	598	4	recent	recent	ADJ
cjal-3363	598	5	decision	decision	NOUN
cjal-3363	598	6	made	make	VERB
cjal-3363	598	7	by	by	ADP
cjal-3363	598	8	the	the	DET
cjal-3363	598	9	state	state	PROPN
cjal-3363	598	10	council	council	PROPN
cjal-3363	598	11	,	,	PUNCT
cjal-3363	598	12	china	china	PROPN
cjal-3363	598	13	will	will	AUX
cjal-3363	598	14	establish	establish	VERB
cjal-3363	598	15	a	a	DET
cjal-3363	598	16	national	national	ADJ
cjal-3363	598	17	social	social	ADJ
cjal-3363	598	18	security	security	NOUN
cjal-3363	598	19	fund	fund	NOUN
cjal-3363	598	20	.	.	PUNCT
cjal-3363	599	1	the	the	DET
cjal-3363	599	2	state	state	NOUN
cjal-3363	599	3	will	will	AUX
cjal-3363	599	4	allocate	allocate	VERB
cjal-3363	599	5	equity	equity	NOUN
cjal-3363	599	6	ownership	ownership	NOUN
cjal-3363	599	7	of	of	ADP
cjal-3363	599	8	soes	soe	NOUN
cjal-3363	599	9	to	to	ADP
cjal-3363	599	10	the	the	DET
cjal-3363	599	11	fund	fund	NOUN
cjal-3363	599	12	“	"	PUNCT
cjal-3363	599	13	used	use	VERB
cjal-3363	599	14	to	to	PART
cjal-3363	599	15	supplement	supplement	VERB
cjal-3363	599	16	and	and	CCONJ
cjal-3363	599	17	adjust	adjust	VERB
cjal-3363	599	18	social	social	ADJ
cjal-3363	599	19	security	security	NOUN
cjal-3363	599	20	expenditures	expenditure	NOUN
cjal-3363	599	21	such	such	ADJ
cjal-3363	599	22	as	as	ADP
cjal-3363	599	23	pension	pension	NOUN
cjal-3363	599	24	insurance	insurance	NOUN
cjal-3363	599	25	.	.	PUNCT
cjal-3363	599	26	”	"	PUNCT
cjal-3363	600	1	see	see	VERB
cjal-3363	600	2	quanguo	quanguo	PROPN
cjal-3363	600	3	shehui	shehui	PROPN
cjal-3363	600	4	baozhang	baozhang	PROPN
cjal-3363	600	5	jijin	jijin	PROPN
cjal-3363	600	6	tiaoli(全国社会保障基金条例)[regulation	tiaoli(全国社会保障基金条例)[regulation	PROPN
cjal-3363	600	7	on	on	ADP
cjal-3363	600	8	the	the	DET
cjal-3363	600	9	national	national	ADJ
cjal-3363	600	10	social	social	ADJ
cjal-3363	600	11	security	security	NOUN
cjal-3363	600	12	fund](promulgated	fund](promulgate	VERB
cjal-3363	600	13	by	by	ADP
cjal-3363	600	14	the	the	DET
cjal-3363	600	15	state	state	PROPN
cjal-3363	600	16	council	council	PROPN
cjal-3363	600	17	on	on	ADP
cjal-3363	600	18	mar	mar	PROPN
cjal-3363	600	19	.	.	PROPN
cjal-3363	600	20	10	10	NUM
cjal-3363	600	21	,	,	PUNCT
cjal-3363	600	22	2016	2016	NUM
cjal-3363	600	23	,	,	PUNCT
cjal-3363	600	24	effective	effective	ADJ
cjal-3363	600	25	may	may	PROPN
cjal-3363	600	26	1	1	NUM
cjal-3363	600	27	,	,	PUNCT
cjal-3363	600	28	2016).(china	2016).(china	NUM
cjal-3363	600	29	)	)	PUNCT
cjal-3363	600	30	130	130	NUM
cjal-3363	600	31	gender	gender	NOUN
cjal-3363	600	32	,	,	PUNCT
cjal-3363	600	33	women	woman	NOUN
cjal-3363	600	34	,	,	PUNCT
cjal-3363	600	35	and	and	CCONJ
cjal-3363	600	36	the	the	DET
cjal-3363	600	37	tobacco	tobacco	NOUN
cjal-3363	600	38	epidemic	epidemic	NOUN
cjal-3363	600	39	,	,	PUNCT
cjal-3363	600	40	210	210	NUM
cjal-3363	600	41	(	(	PUNCT
cjal-3363	600	42	jonathan	jonathan	PROPN
cjal-3363	600	43	m.	m.	PROPN
cjal-3363	600	44	samet	samet	PROPN
cjal-3363	600	45	&	&	CCONJ
cjal-3363	600	46	soon	soon	ADV
cjal-3363	600	47	-	-	PUNCT
cjal-3363	600	48	young	young	ADJ
cjal-3363	600	49	yoon	yoon	PROPN
cjal-3363	600	50	eds	eds	PROPN
cjal-3363	600	51	.	.	PROPN
cjal-3363	600	52	,	,	PUNCT
cjal-3363	600	53	world	world	PROPN
cjal-3363	600	54	health	health	PROPN
cjal-3363	600	55	organization	organization	PROPN
cjal-3363	600	56	press	press	NOUN
cjal-3363	600	57	,	,	PUNCT
cjal-3363	600	58	2010	2010	NUM
cjal-3363	600	59	)	)	PUNCT
cjal-3363	600	60	available	available	ADJ
cjal-3363	600	61	at	at	ADP
cjal-3363	600	62	http://www.who.int/entity/tobacco/publications/gender/en_tfi_gender_women_taxation_economic_tobacco_control	http://www.who.int/entity/tobacco/publications/gender/en_tfi_gender_women_taxation_economic_tobacco_control	NOUN
cjal-3363	600	63	.	.	PUNCT
cjal-3363	601	1	pdf?ua=1	pdf?ua=1	NOUN
cjal-3363	601	2	.	.	NOUN
cjal-3363	601	3	2017	2017	NUM
cjal-3363	601	4	]	]	PUNCT
cjal-3363	601	5	state	state	NOUN
cjal-3363	601	6	ownership	ownership	NOUN
cjal-3363	601	7	and	and	CCONJ
cjal-3363	601	8	regulatory	regulatory	ADJ
cjal-3363	601	9	costs	cost	NOUN
cjal-3363	601	10	31	31	NUM
cjal-3363	601	11	as	as	ADP
cjal-3363	601	12	a	a	DET
cjal-3363	601	13	developing	develop	VERB
cjal-3363	601	14	country	country	NOUN
cjal-3363	601	15	,	,	PUNCT
cjal-3363	601	16	china	china	PROPN
cjal-3363	601	17	faces	face	VERB
cjal-3363	601	18	significant	significant	ADJ
cjal-3363	601	19	costs	cost	NOUN
cjal-3363	601	20	in	in	ADP
cjal-3363	601	21	obtaining	obtain	VERB
cjal-3363	601	22	tax	tax	NOUN
cjal-3363	601	23	revenue	revenue	NOUN
cjal-3363	601	24	,	,	PUNCT
cjal-3363	601	25	which	which	PRON
cjal-3363	601	26	are	be	AUX
cjal-3363	601	27	essentially	essentially	ADV
cjal-3363	601	28	regulatory	regulatory	ADJ
cjal-3363	601	29	costs	cost	NOUN
cjal-3363	601	30	.	.	PUNCT
cjal-3363	602	1	enforcing	enforce	VERB
cjal-3363	602	2	tobacco	tobacco	NOUN
cjal-3363	602	3	taxation	taxation	NOUN
cjal-3363	602	4	may	may	AUX
cjal-3363	602	5	be	be	AUX
cjal-3363	602	6	costly	costly	ADJ
cjal-3363	602	7	because	because	SCONJ
cjal-3363	602	8	of	of	ADP
cjal-3363	602	9	a	a	DET
cjal-3363	602	10	lack	lack	NOUN
cjal-3363	602	11	of	of	ADP
cjal-3363	602	12	administrative	administrative	ADJ
cjal-3363	602	13	capacity	capacity	NOUN
cjal-3363	602	14	and	and	CCONJ
cjal-3363	602	15	because	because	SCONJ
cjal-3363	602	16	evading	evade	VERB
cjal-3363	602	17	taxes	taxis	NOUN
cjal-3363	602	18	may	may	AUX
cjal-3363	602	19	bring	bring	VERB
cjal-3363	602	20	significant	significant	ADJ
cjal-3363	602	21	benefits	benefit	NOUN
cjal-3363	602	22	to	to	PART
cjal-3363	602	23	private	private	ADJ
cjal-3363	602	24	enterprises.131	enterprises.131	NUM
cjal-3363	602	25	state	state	NOUN
cjal-3363	602	26	ownership	ownership	NOUN
cjal-3363	602	27	in	in	ADP
cjal-3363	602	28	the	the	DET
cjal-3363	602	29	tobacco	tobacco	NOUN
cjal-3363	602	30	industry	industry	NOUN
cjal-3363	602	31	grants	grant	VERB
cjal-3363	602	32	the	the	DET
cjal-3363	602	33	state	state	NOUN
cjal-3363	602	34	easy	easy	ADJ
cjal-3363	602	35	access	access	NOUN
cjal-3363	602	36	to	to	ADP
cjal-3363	602	37	revenue	revenue	NOUN
cjal-3363	602	38	.	.	PUNCT
cjal-3363	603	1	in	in	ADP
cjal-3363	603	2	fact	fact	NOUN
cjal-3363	603	3	,	,	PUNCT
cjal-3363	603	4	tobacco	tobacco	NOUN
cjal-3363	603	5	and	and	CCONJ
cjal-3363	603	6	salt	salt	NOUN
cjal-3363	603	7	served	serve	VERB
cjal-3363	603	8	as	as	ADP
cjal-3363	603	9	the	the	DET
cjal-3363	603	10	major	major	ADJ
cjal-3363	603	11	source	source	NOUN
cjal-3363	603	12	of	of	ADP
cjal-3363	603	13	revenue	revenue	NOUN
cjal-3363	603	14	in	in	ADP
cjal-3363	603	15	pre	pre	ADJ
cjal-3363	603	16	-	-	ADJ
cjal-3363	603	17	modern	modern	ADJ
cjal-3363	603	18	societies	society	NOUN
cjal-3363	603	19	,	,	PUNCT
cjal-3363	603	20	when	when	SCONJ
cjal-3363	603	21	the	the	DET
cjal-3363	603	22	tax	tax	NOUN
cjal-3363	603	23	system	system	NOUN
cjal-3363	603	24	was	be	AUX
cjal-3363	603	25	less	less	ADJ
cjal-3363	603	26	developed.132	developed.132	PROPN
cjal-3363	603	27	state	state	NOUN
cjal-3363	603	28	ownership	ownership	NOUN
cjal-3363	603	29	may	may	AUX
cjal-3363	603	30	facilitate	facilitate	VERB
cjal-3363	603	31	tax	tax	NOUN
cjal-3363	603	32	collection	collection	NOUN
cjal-3363	603	33	because	because	SCONJ
cjal-3363	603	34	managers	manager	NOUN
cjal-3363	603	35	of	of	ADP
cjal-3363	603	36	soes	soe	NOUN
cjal-3363	603	37	have	have	VERB
cjal-3363	603	38	stronger	strong	ADJ
cjal-3363	603	39	incentives	incentive	NOUN
cjal-3363	603	40	to	to	ADP
cjal-3363	603	41	cooperate.133	cooperate.133	PRON
cjal-3363	603	42	tax	tax	NOUN
cjal-3363	603	43	revenue	revenue	NOUN
cjal-3363	603	44	from	from	ADP
cjal-3363	603	45	the	the	DET
cjal-3363	603	46	tobacco	tobacco	NOUN
cjal-3363	603	47	industry	industry	NOUN
cjal-3363	603	48	constitutes	constitute	VERB
cjal-3363	603	49	about	about	ADV
cjal-3363	603	50	10	10	NUM
cjal-3363	603	51	%	%	NOUN
cjal-3363	603	52	of	of	ADP
cjal-3363	603	53	the	the	DET
cjal-3363	603	54	fiscal	fiscal	ADJ
cjal-3363	603	55	revenues	revenue	NOUN
cjal-3363	603	56	of	of	ADP
cjal-3363	603	57	the	the	DET
cjal-3363	603	58	central	central	ADJ
cjal-3363	603	59	government	government	NOUN
cjal-3363	603	60	of	of	ADP
cjal-3363	603	61	china.134	china.134	PROPN
cjal-3363	603	62	b.	b.	PROPN
cjal-3363	603	63	water	water	PROPN
cjal-3363	603	64	utilities	utility	NOUN
cjal-3363	603	65	a	a	DET
cjal-3363	603	66	more	more	ADV
cjal-3363	603	67	detailed	detailed	ADJ
cjal-3363	603	68	case	case	NOUN
cjal-3363	603	69	study	study	NOUN
cjal-3363	603	70	better	well	ADV
cjal-3363	603	71	illustrates	illustrate	VERB
cjal-3363	603	72	the	the	DET
cjal-3363	603	73	social	social	ADJ
cjal-3363	603	74	costs	cost	NOUN
cjal-3363	603	75	of	of	ADP
cjal-3363	603	76	regulating	regulate	VERB
cjal-3363	603	77	private	private	ADJ
cjal-3363	603	78	enterprises	enterprise	NOUN
cjal-3363	603	79	.	.	PUNCT
cjal-3363	604	1	the	the	DET
cjal-3363	604	2	water	water	NOUN
cjal-3363	604	3	utilities	utility	NOUN
cjal-3363	604	4	industry	industry	NOUN
cjal-3363	604	5	is	be	AUX
cjal-3363	604	6	an	an	DET
cjal-3363	604	7	appropriate	appropriate	ADJ
cjal-3363	604	8	case	case	NOUN
cjal-3363	604	9	for	for	ADP
cjal-3363	604	10	such	such	DET
cjal-3363	604	11	a	a	DET
cjal-3363	604	12	detailed	detailed	ADJ
cjal-3363	604	13	study	study	NOUN
cjal-3363	604	14	.	.	PUNCT
cjal-3363	605	1	water	water	NOUN
cjal-3363	605	2	utilities	utility	NOUN
cjal-3363	605	3	are	be	AUX
cjal-3363	605	4	usually	usually	ADV
cjal-3363	605	5	natural	natural	ADJ
cjal-3363	605	6	monopolies	monopoly	NOUN
cjal-3363	605	7	and	and	CCONJ
cjal-3363	605	8	therefore	therefore	ADV
cjal-3363	605	9	need	need	VERB
cjal-3363	605	10	to	to	PART
cjal-3363	605	11	be	be	AUX
cjal-3363	605	12	regulated	regulate	VERB
cjal-3363	605	13	.	.	PUNCT
cjal-3363	606	1	moreover	moreover	ADV
cjal-3363	606	2	,	,	PUNCT
cjal-3363	606	3	there	there	PRON
cjal-3363	606	4	is	be	VERB
cjal-3363	606	5	a	a	DET
cjal-3363	606	6	relatively	relatively	ADV
cjal-3363	606	7	long	long	ADJ
cjal-3363	606	8	history	history	NOUN
cjal-3363	606	9	of	of	ADP
cjal-3363	606	10	privatization	privatization	NOUN
cjal-3363	606	11	in	in	ADP
cjal-3363	606	12	this	this	DET
cjal-3363	606	13	industry	industry	NOUN
cjal-3363	606	14	.	.	PUNCT
cjal-3363	607	1	significant	significant	ADJ
cjal-3363	607	2	discretion	discretion	NOUN
cjal-3363	607	3	has	have	AUX
cjal-3363	607	4	been	be	AUX
cjal-3363	607	5	granted	grant	VERB
cjal-3363	607	6	to	to	ADP
cjal-3363	607	7	local	local	ADJ
cjal-3363	607	8	governments	government	NOUN
cjal-3363	607	9	to	to	PART
cjal-3363	607	10	carry	carry	VERB
cjal-3363	607	11	out	out	ADP
cjal-3363	607	12	privatization	privatization	NOUN
cjal-3363	607	13	and	and	CCONJ
cjal-3363	607	14	price	price	NOUN
cjal-3363	607	15	regulation	regulation	NOUN
cjal-3363	607	16	.	.	PUNCT
cjal-3363	608	1	it	it	PRON
cjal-3363	608	2	thus	thus	ADV
cjal-3363	608	3	creates	create	VERB
cjal-3363	608	4	an	an	DET
cjal-3363	608	5	opportunity	opportunity	NOUN
cjal-3363	608	6	for	for	SCONJ
cjal-3363	608	7	us	we	PRON
cjal-3363	608	8	to	to	PART
cjal-3363	608	9	examine	examine	VERB
cjal-3363	608	10	the	the	DET
cjal-3363	608	11	relationship	relationship	NOUN
cjal-3363	608	12	between	between	ADP
cjal-3363	608	13	state	state	NOUN
cjal-3363	608	14	ownership	ownership	NOUN
cjal-3363	608	15	and	and	CCONJ
cjal-3363	608	16	regulation	regulation	NOUN
cjal-3363	608	17	over	over	ADP
cjal-3363	608	18	time	time	NOUN
cjal-3363	608	19	in	in	ADP
cjal-3363	608	20	various	various	ADJ
cjal-3363	608	21	cities	city	NOUN
cjal-3363	608	22	.	.	PUNCT
cjal-3363	609	1	1	1	X
cjal-3363	609	2	.	.	X
cjal-3363	609	3	privatization	privatization	NOUN
cjal-3363	609	4	of	of	ADP
cjal-3363	609	5	water	water	NOUN
cjal-3363	609	6	utilities	utility	NOUN
cjal-3363	609	7	in	in	ADP
cjal-3363	609	8	china	china	PROPN
cjal-3363	609	9	prior	prior	ADV
cjal-3363	609	10	to	to	ADP
cjal-3363	609	11	1998	1998	NUM
cjal-3363	609	12	,	,	PUNCT
cjal-3363	609	13	95	95	NUM
cjal-3363	609	14	%	%	NOUN
cjal-3363	609	15	of	of	ADP
cjal-3363	609	16	all	all	DET
cjal-3363	609	17	the	the	DET
cjal-3363	609	18	equity	equity	NOUN
cjal-3363	609	19	in	in	ADP
cjal-3363	609	20	the	the	DET
cjal-3363	609	21	water	water	NOUN
cjal-3363	609	22	utilities	utility	NOUN
cjal-3363	609	23	industry	industry	NOUN
cjal-3363	609	24	was	be	AUX
cjal-3363	609	25	owned	own	VERB
cjal-3363	609	26	by	by	ADP
cjal-3363	609	27	the	the	DET
cjal-3363	609	28	state	state	NOUN
cjal-3363	609	29	in	in	ADP
cjal-3363	609	30	china	china	PROPN
cjal-3363	609	31	.	.	PUNCT
cjal-3363	610	1	the	the	DET
cjal-3363	610	2	charts	chart	NOUN
cjal-3363	610	3	below	below	ADV
cjal-3363	610	4	show	show	VERB
cjal-3363	610	5	the	the	DET
cjal-3363	610	6	changes	change	NOUN
cjal-3363	610	7	in	in	ADP
cjal-3363	610	8	the	the	DET
cjal-3363	610	9	state	state	NOUN
cjal-3363	610	10	’s	’s	PART
cjal-3363	610	11	share	share	NOUN
cjal-3363	610	12	of	of	ADP
cjal-3363	610	13	equity	equity	NOUN
cjal-3363	610	14	in	in	ADP
cjal-3363	610	15	this	this	DET
cjal-3363	610	16	industry	industry	NOUN
cjal-3363	610	17	,	,	PUNCT
cjal-3363	610	18	based	base	VERB
cjal-3363	610	19	on	on	ADP
cjal-3363	610	20	statistics	statistic	NOUN
cjal-3363	610	21	from	from	ADP
cjal-3363	610	22	the	the	DET
cjal-3363	610	23	ceic	ceic	VERB
cjal-3363	610	24	china	china	PROPN
cjal-3363	610	25	premium	premium	PROPN
cjal-3363	610	26	database	database	NOUN
cjal-3363	610	27	.	.	PUNCT
cjal-3363	611	1	131	131	NUM
cjal-3363	611	2	researchers	researcher	NOUN
cjal-3363	611	3	generally	generally	ADV
cjal-3363	611	4	agree	agree	VERB
cjal-3363	611	5	that	that	SCONJ
cjal-3363	611	6	the	the	DET
cjal-3363	611	7	efficiency	efficiency	NOUN
cjal-3363	611	8	in	in	ADP
cjal-3363	611	9	collecting	collect	VERB
cjal-3363	611	10	income	income	NOUN
cjal-3363	611	11	tax	tax	NOUN
cjal-3363	611	12	is	be	AUX
cjal-3363	611	13	very	very	ADV
cjal-3363	611	14	low	low	ADJ
cjal-3363	611	15	.	.	PUNCT
cjal-3363	612	1	li	li	PROPN
cjal-3363	612	2	jianjun(李建军	jianjun(李建军	PROPN
cjal-3363	612	3	)	)	PUNCT
cjal-3363	612	4	,	,	PUNCT
cjal-3363	612	5	geren	geren	PROPN
cjal-3363	612	6	suodeshui	suodeshui	PROPN
cjal-3363	612	7	zhengguan	zhengguan	PROPN
cjal-3363	612	8	xiaolv	xiaolv	PROPN
cjal-3363	612	9	:	:	PUNCT
cjal-3363	612	10	lilun	lilun	PROPN
cjal-3363	612	11	yu	yu	PROPN
cjal-3363	612	12	shizheng	shizheng	PROPN
cjal-3363	612	13	fenxi(个人所得税征管效率	fenxi(个人所得税征管效率	PROPN
cjal-3363	612	14	:	:	PUNCT
cjal-3363	612	15	理论与实证分析)[the	理论与实证分析)[the	DET
cjal-3363	612	16	collection	collection	NOUN
cjal-3363	612	17	efficiency	efficiency	NOUN
cjal-3363	612	18	of	of	ADP
cjal-3363	612	19	individual	individual	ADJ
cjal-3363	612	20	income	income	NOUN
cjal-3363	612	21	tax	tax	NOUN
cjal-3363	612	22	:	:	PUNCT
cjal-3363	612	23	theory	theory	NOUN
cjal-3363	612	24	and	and	CCONJ
cjal-3363	612	25	china	china	PROPN
cjal-3363	612	26	’s	’s	PART
cjal-3363	612	27	evidence	evidence	NOUN
cjal-3363	612	28	]	]	X
cjal-3363	612	29	,	,	PUNCT
cjal-3363	612	30	2	2	NUM
cjal-3363	612	31	jingji	jingji	PROPN
cjal-3363	612	32	kexue(经济科学)[econ	kexue(经济科学)[econ	PROPN
cjal-3363	612	33	.	.	PUNCT
cjal-3363	613	1	sci	sci	PROPN
cjal-3363	613	2	.	.	PUNCT
cjal-3363	613	3	]	]	PUNCT
cjal-3363	614	1	109(2012	109(2012	NUM
cjal-3363	614	2	)	)	PUNCT
cjal-3363	614	3	.	.	PUNCT
cjal-3363	615	1	132	132	NUM
cjal-3363	615	2	ray	ray	PROPN
cjal-3363	615	3	huang	huang	PROPN
cjal-3363	615	4	,	,	PUNCT
cjal-3363	615	5	fiscal	fiscal	ADJ
cjal-3363	615	6	administration	administration	NOUN
cjal-3363	615	7	during	during	ADP
cjal-3363	615	8	the	the	DET
cjal-3363	615	9	ming	ming	PROPN
cjal-3363	615	10	dynasty	dynasty	PROPN
cjal-3363	615	11	,	,	PUNCT
cjal-3363	615	12	in	in	ADP
cjal-3363	615	13	chinese	chinese	ADJ
cjal-3363	615	14	government	government	NOUN
cjal-3363	615	15	in	in	ADP
cjal-3363	615	16	ming	ming	PROPN
cjal-3363	615	17	times	times	PROPN
cjal-3363	615	18	:	:	PUNCT
cjal-3363	615	19	seven	seven	NUM
cjal-3363	615	20	studies	study	NOUN
cjal-3363	615	21	,	,	PUNCT
cjal-3363	615	22	73	73	NUM
cjal-3363	615	23	,	,	PUNCT
cjal-3363	615	24	94	94	NUM
cjal-3363	615	25	(	(	PUNCT
cjal-3363	615	26	charles	charles	PROPN
cjal-3363	615	27	o.	o.	PROPN
cjal-3363	615	28	hucker	hucker	PROPN
cjal-3363	615	29	ed	ed	PROPN
cjal-3363	615	30	.	.	PROPN
cjal-3363	615	31	,	,	PUNCT
cjal-3363	615	32	1969	1969	NUM
cjal-3363	615	33	)	)	PUNCT
cjal-3363	615	34	.	.	PUNCT
cjal-3363	616	1	133	133	NUM
cjal-3363	616	2	in	in	ADP
cjal-3363	616	3	fact	fact	NOUN
cjal-3363	616	4	,	,	PUNCT
cjal-3363	616	5	head	head	NOUN
cjal-3363	616	6	of	of	ADP
cjal-3363	616	7	the	the	DET
cjal-3363	616	8	bureau	bureau	NOUN
cjal-3363	616	9	of	of	ADP
cjal-3363	616	10	tobacco	tobacco	NOUN
cjal-3363	616	11	in	in	ADP
cjal-3363	616	12	china	china	PROPN
cjal-3363	616	13	boasted	boast	VERB
cjal-3363	616	14	the	the	DET
cjal-3363	616	15	contribution	contribution	NOUN
cjal-3363	616	16	to	to	ADP
cjal-3363	616	17	the	the	DET
cjal-3363	616	18	stability	stability	NOUN
cjal-3363	616	19	of	of	ADP
cjal-3363	616	20	fiscal	fiscal	ADJ
cjal-3363	616	21	income	income	NOUN
cjal-3363	616	22	.	.	PUNCT
cjal-3363	617	1	yancaoju	yancaoju	PROPN
cjal-3363	617	2	juzhang	juzhang	PROPN
cjal-3363	617	3	:	:	PUNCT
cjal-3363	617	4	qunian	qunian	PROPN
cjal-3363	617	5	shangjiao	shangjiao	VERB
cjal-3363	617	6	8000	8000	NUM
cjal-3363	617	7	yi	yi	PROPN
cjal-3363	617	8	dui	dui	PROPN
cjal-3363	617	9	caizheng	caizheng	PROPN
cjal-3363	617	10	wending	wend	VERB
cjal-3363	617	11	gongxianda(烟草局局长：去年上缴	gongxianda(烟草局局长：去年上缴	PROPN
cjal-3363	617	12	8000	8000	NUM
cjal-3363	617	13	亿对财政稳定贡献大)[head	亿对财政稳定贡献大)[head	NOUN
cjal-3363	617	14	of	of	ADP
cjal-3363	617	15	the	the	DET
cjal-3363	617	16	bureau	bureau	NOUN
cjal-3363	617	17	of	of	ADP
cjal-3363	617	18	tobacco	tobacco	NOUN
cjal-3363	617	19	:	:	PUNCT
cjal-3363	617	20	contributed	contribute	VERB
cjal-3363	617	21	800	800	NUM
cjal-3363	617	22	billion	billion	NUM
cjal-3363	617	23	to	to	PART
cjal-3363	617	24	stablize	stablize	VERB
cjal-3363	617	25	the	the	DET
cjal-3363	617	26	fiscal	fiscal	ADJ
cjal-3363	617	27	income	income	NOUN
cjal-3363	617	28	last	last	ADJ
cjal-3363	617	29	year	year	NOUN
cjal-3363	617	30	]	]	X
cjal-3363	617	31	,	,	PUNCT
cjal-3363	617	32	http://finance.sina.com.cn/china/bwdt/20141204/100720994904.shtml	http://finance.sina.com.cn/china/bwdt/20141204/100720994904.shtml	PROPN
cjal-3363	617	33	,	,	PUNCT
cjal-3363	617	34	aug	aug	PROPN
cjal-3363	617	35	.	.	PROPN
cjal-3363	617	36	3	3	NUM
cjal-3363	617	37	,	,	PUNCT
cjal-3363	617	38	2016	2016	NUM
cjal-3363	617	39	last	last	ADV
cjal-3363	617	40	visited	visit	VERB
cjal-3363	617	41	.	.	PUNCT
cjal-3363	618	1	134	134	NUM
cjal-3363	618	2	i	i	PROPN
cjal-3363	618	3	d.	d.	PROPN
cjal-3363	618	4	columbia	columbia	PROPN
cjal-3363	618	5	journal	journal	PROPN
cjal-3363	618	6	of	of	ADP
cjal-3363	618	7	asian	asian	ADJ
cjal-3363	618	8	law	law	NOUN
cjal-3363	619	1	[	[	X
cjal-3363	619	2	vol	vol	NOUN
cjal-3363	619	3	.	.	PUNCT
cjal-3363	620	1	31:1	31:1	NUM
cjal-3363	620	2	32	32	NUM
cjal-3363	620	3	figure	figure	NOUN
cjal-3363	620	4	4	4	NUM
cjal-3363	620	5	:	:	PUNCT
cjal-3363	620	6	capital	capital	NOUN
cjal-3363	620	7	investment	investment	NOUN
cjal-3363	620	8	by	by	ADP
cjal-3363	620	9	different	different	ADJ
cjal-3363	620	10	investors	investor	NOUN
cjal-3363	620	11	in	in	ADP
cjal-3363	620	12	the	the	DET
cjal-3363	620	13	water	water	NOUN
cjal-3363	620	14	utilities	utility	NOUN
cjal-3363	620	15	industry	industry	NOUN
cjal-3363	620	16	source	source	NOUN
cjal-3363	620	17	:	:	PUNCT
cjal-3363	620	18	ceic	ceic	VERB
cjal-3363	620	19	china	china	PROPN
cjal-3363	620	20	premium	premium	PROPN
cjal-3363	620	21	database	database	PROPN
cjal-3363	620	22	figure	figure	NOUN
cjal-3363	620	23	5	5	NUM
cjal-3363	620	24	:	:	PUNCT
cjal-3363	620	25	percentage	percentage	NOUN
cjal-3363	620	26	of	of	ADP
cjal-3363	620	27	capital	capital	NOUN
cjal-3363	620	28	investment	investment	NOUN
cjal-3363	620	29	in	in	ADP
cjal-3363	620	30	water	water	NOUN
cjal-3363	620	31	utilities	utility	NOUN
cjal-3363	620	32	industry	industry	NOUN
cjal-3363	620	33	that	that	PRON
cjal-3363	620	34	is	be	AUX
cjal-3363	620	35	stateowned	stateowne	VERB
cjal-3363	620	36	source	source	NOUN
cjal-3363	620	37	:	:	PUNCT
cjal-3363	620	38	ceic	ceic	VERB
cjal-3363	620	39	china	china	PROPN
cjal-3363	620	40	premium	premium	PROPN
cjal-3363	620	41	database	database	NOUN
cjal-3363	620	42	to	to	PART
cjal-3363	620	43	further	far	ADV
cjal-3363	620	44	examine	examine	VERB
cjal-3363	620	45	the	the	DET
cjal-3363	620	46	trend	trend	NOUN
cjal-3363	620	47	of	of	ADP
cjal-3363	620	48	privatization	privatization	NOUN
cjal-3363	620	49	,	,	PUNCT
cjal-3363	620	50	it	it	PRON
cjal-3363	620	51	is	be	AUX
cjal-3363	620	52	helpful	helpful	ADJ
cjal-3363	620	53	to	to	PART
cjal-3363	620	54	look	look	VERB
cjal-3363	620	55	at	at	ADP
cjal-3363	620	56	the	the	DET
cjal-3363	620	57	proportion	proportion	NOUN
cjal-3363	620	58	of	of	ADP
cjal-3363	620	59	capital	capital	NOUN
cjal-3363	620	60	investment	investment	NOUN
cjal-3363	620	61	by	by	ADP
cjal-3363	620	62	local	local	ADJ
cjal-3363	620	63	governments	government	NOUN
cjal-3363	620	64	as	as	ADP
cjal-3363	620	65	a	a	DET
cjal-3363	620	66	fraction	fraction	NOUN
cjal-3363	620	67	of	of	ADP
cjal-3363	620	68	all	all	DET
cjal-3363	620	69	capital	capital	NOUN
cjal-3363	620	70	investment	investment	NOUN
cjal-3363	620	71	in	in	ADP
cjal-3363	620	72	260	260	NUM
cjal-3363	620	73	cities	city	NOUN
cjal-3363	620	74	from	from	ADP
cjal-3363	620	75	2005	2005	NUM
cjal-3363	620	76	to	to	ADP
cjal-3363	620	77	2011	2011	NUM
cjal-3363	620	78	,	,	PUNCT
cjal-3363	620	79	utilizing	utilize	VERB
cjal-3363	620	80	the	the	DET
cjal-3363	620	81	national	national	ADJ
cjal-3363	620	82	sizable	sizable	ADJ
cjal-3363	620	83	industrial	industrial	ADJ
cjal-3363	620	84	enterprise	enterprise	NOUN
cjal-3363	620	85	dataset.135	dataset.135	NOUN
cjal-3363	620	86	among	among	ADP
cjal-3363	620	87	these	these	DET
cjal-3363	620	88	260	260	NUM
cjal-3363	620	89	cities	city	NOUN
cjal-3363	620	90	,	,	PUNCT
cjal-3363	620	91	108	108	NUM
cjal-3363	620	92	135	135	NUM
cjal-3363	620	93	for	for	ADP
cjal-3363	620	94	a	a	DET
cjal-3363	620	95	more	more	ADV
cjal-3363	620	96	detailed	detailed	ADJ
cjal-3363	620	97	description	description	NOUN
cjal-3363	620	98	of	of	ADP
cjal-3363	620	99	this	this	DET
cjal-3363	620	100	dataset	dataset	NOUN
cjal-3363	620	101	,	,	PUNCT
cjal-3363	620	102	see	see	VERB
cjal-3363	620	103	infra	infra	NOUN
cjal-3363	620	104	ii.b.3	ii.b.3	NOUN
cjal-3363	620	105	.	.	PUNCT
cjal-3363	620	106	0	0	NUM
cjal-3363	620	107	50000	50000	NUM
cjal-3363	620	108	100000	100000	NUM
cjal-3363	620	109	150000	150000	NUM
cjal-3363	620	110	200000	200000	NUM
cjal-3363	620	111	250000	250000	NUM
cjal-3363	620	112	1	1	NUM
cjal-3363	620	113	9	9	NUM
cjal-3363	620	114	9	9	NUM
cjal-3363	620	115	8	8	NUM
cjal-3363	620	116	2	2	NUM
cjal-3363	620	117	0	0	NUM
cjal-3363	620	118	0	0	NUM
cjal-3363	620	119	0	0	NUM
cjal-3363	620	120	2	2	NUM
cjal-3363	620	121	0	0	NUM
cjal-3363	620	122	0	0	NUM
cjal-3363	620	123	2	2	NUM
cjal-3363	620	124	2	2	NUM
cjal-3363	620	125	0	0	NUM
cjal-3363	620	126	0	0	NUM
cjal-3363	620	127	4	4	NUM
cjal-3363	620	128	2	2	NUM
cjal-3363	620	129	0	0	NUM
cjal-3363	620	130	0	0	NUM
cjal-3363	620	131	6	6	NUM
cjal-3363	620	132	2	2	NUM
cjal-3363	620	133	0	0	NUM
cjal-3363	620	134	0	0	NUM
cjal-3363	620	135	8	8	NUM
cjal-3363	620	136	2	2	NUM
cjal-3363	620	137	0	0	NUM
cjal-3363	620	138	1	1	NUM
cjal-3363	620	139	0	0	NUM
cjal-3363	620	140	2	2	NUM
cjal-3363	620	141	0	0	NUM
cjal-3363	620	142	1	1	NUM
cjal-3363	620	143	2	2	NUM
cjal-3363	620	144	2	2	NUM
cjal-3363	620	145	0	0	NUM
cjal-3363	620	146	1	1	NUM
cjal-3363	620	147	4	4	NUM
cjal-3363	620	148	capital	capital	NOUN
cjal-3363	620	149	investments	investment	NOUN
cjal-3363	620	150	of	of	ADP
cjal-3363	620	151	all	all	DET
cjal-3363	620	152	types	type	NOUN
cjal-3363	620	153	state	state	PROPN
cjal-3363	620	154	capital	capital	PROPN
cjal-3363	620	155	hk	hk	PROPN
cjal-3363	620	156	,	,	PUNCT
cjal-3363	620	157	macau	macau	PROPN
cjal-3363	620	158	&	&	CCONJ
cjal-3363	620	159	taiwan	taiwan	PROPN
cjal-3363	621	1	capital	capital	PROPN
cjal-3363	621	2	foreign	foreign	ADJ
cjal-3363	621	3	capital	capital	NOUN
cjal-3363	621	4	year	year	NOUN
cjal-3363	622	1	c	c	AUX
cjal-3363	622	2	ap	ap	VERB
cjal-3363	622	3	it	it	PRON
cjal-3363	623	1	al	al	INTJ
cjal-3363	623	2	i	i	PROPN
cjal-3363	623	3	n	n	PROPN
cjal-3363	623	4	v	v	NOUN
cjal-3363	623	5	es	es	VERB
cjal-3363	623	6	tm	tm	PROPN
cjal-3363	623	7	en	en	PROPN
cjal-3363	623	8	t	t	PROPN
cjal-3363	623	9	(	(	PUNCT
cjal-3363	623	10	u	u	NOUN
cjal-3363	623	11	n	n	ADV
cjal-3363	623	12	it	it	PRON
cjal-3363	623	13	:	:	PUNCT
cjal-3363	624	1	r	r	NOUN
cjal-3363	624	2	m	m	VERB
cjal-3363	624	3	b	b	NOUN
cjal-3363	624	4	m	m	VERB
cjal-3363	624	5	n	n	ADJ
cjal-3363	624	6	)	)	PUNCT
cjal-3363	624	7	0.5	0.5	NUM
cjal-3363	624	8	0.6	0.6	NUM
cjal-3363	624	9	0.7	0.7	NUM
cjal-3363	624	10	0.8	0.8	NUM
cjal-3363	624	11	0.9	0.9	NUM
cjal-3363	624	12	1	1	NUM
cjal-3363	624	13	1998	1998	NUM
cjal-3363	624	14	2000	2000	NUM
cjal-3363	624	15	2002	2002	NUM
cjal-3363	624	16	2004	2004	NUM
cjal-3363	624	17	2006	2006	NUM
cjal-3363	624	18	2008	2008	NUM
cjal-3363	624	19	2010	2010	NUM
cjal-3363	624	20	2012	2012	NUM
cjal-3363	624	21	2014	2014	NUM
cjal-3363	624	22	year	year	NOUN
cjal-3363	624	23	p	p	X
cjal-3363	624	24	er	er	INTJ
cjal-3363	624	25	ce	ce	PROPN
cjal-3363	624	26	n	n	X
cjal-3363	624	27	ta	ta	X
cjal-3363	624	28	g	g	PROPN
cjal-3363	624	29	e	e	PROPN
cjal-3363	624	30	o	o	X
cjal-3363	624	31	f	f	PROPN
cjal-3363	624	32	s	s	X
cjal-3363	624	33	ta	ta	X
cjal-3363	624	34	te	te	ADP
cjal-3363	624	35	s	s	NOUN
cjal-3363	624	36	'	'	PUNCT
cjal-3363	624	37	c	c	NOUN
cjal-3363	625	1	ap	ap	NOUN
cjal-3363	625	2	it	it	PRON
cjal-3363	626	1	al	al	INTJ
cjal-3363	626	2	i	i	PROPN
cjal-3363	626	3	n	n	PROPN
cjal-3363	626	4	v	v	NOUN
cjal-3363	626	5	es	es	VERB
cjal-3363	626	6	tm	tm	PROPN
cjal-3363	626	7	en	en	ADP
cjal-3363	626	8	t	t	PROPN
cjal-3363	626	9	2017	2017	NUM
cjal-3363	626	10	]	]	PUNCT
cjal-3363	626	11	state	state	NOUN
cjal-3363	626	12	ownership	ownership	NOUN
cjal-3363	626	13	and	and	CCONJ
cjal-3363	626	14	regulatory	regulatory	ADJ
cjal-3363	626	15	costs	cost	NOUN
cjal-3363	626	16	33	33	NUM
cjal-3363	626	17	(	(	PUNCT
cjal-3363	626	18	41	41	NUM
cjal-3363	626	19	%	%	NOUN
cjal-3363	626	20	)	)	PUNCT
cjal-3363	626	21	experienced	experience	VERB
cjal-3363	626	22	a	a	DET
cjal-3363	626	23	change	change	NOUN
cjal-3363	626	24	in	in	ADP
cjal-3363	626	25	the	the	DET
cjal-3363	626	26	proportion	proportion	NOUN
cjal-3363	626	27	of	of	ADP
cjal-3363	626	28	capital	capital	NOUN
cjal-3363	626	29	investment	investment	NOUN
cjal-3363	626	30	by	by	ADP
cjal-3363	626	31	local	local	ADJ
cjal-3363	626	32	governments	government	NOUN
cjal-3363	626	33	.	.	PUNCT
cjal-3363	627	1	among	among	ADP
cjal-3363	627	2	these	these	DET
cjal-3363	627	3	108	108	NUM
cjal-3363	627	4	cities	city	NOUN
cjal-3363	627	5	,	,	PUNCT
cjal-3363	627	6	the	the	DET
cjal-3363	627	7	proportion	proportion	NOUN
cjal-3363	627	8	had	have	AUX
cjal-3363	627	9	risen	rise	VERB
cjal-3363	627	10	at	at	ADP
cjal-3363	627	11	least	least	ADJ
cjal-3363	627	12	once	once	ADV
cjal-3363	627	13	in	in	ADP
cjal-3363	627	14	78	78	NUM
cjal-3363	627	15	%	%	NOUN
cjal-3363	627	16	of	of	ADP
cjal-3363	627	17	the	the	DET
cjal-3363	627	18	cities	city	NOUN
cjal-3363	627	19	and	and	CCONJ
cjal-3363	627	20	had	have	AUX
cjal-3363	627	21	dropped	drop	VERB
cjal-3363	627	22	at	at	ADP
cjal-3363	627	23	least	least	ADJ
cjal-3363	627	24	once	once	ADV
cjal-3363	627	25	in	in	ADP
cjal-3363	627	26	89	89	NUM
cjal-3363	627	27	%	%	NOUN
cjal-3363	627	28	of	of	ADP
cjal-3363	627	29	the	the	DET
cjal-3363	627	30	cities	city	NOUN
cjal-3363	627	31	.	.	PUNCT
cjal-3363	628	1	about	about	ADV
cjal-3363	628	2	39	39	NUM
cjal-3363	628	3	%	%	NOUN
cjal-3363	628	4	of	of	ADP
cjal-3363	628	5	the	the	DET
cjal-3363	628	6	cities	city	NOUN
cjal-3363	628	7	experienced	experience	VERB
cjal-3363	628	8	a	a	DET
cjal-3363	628	9	drop	drop	NOUN
cjal-3363	628	10	followed	follow	VERB
cjal-3363	628	11	by	by	ADP
cjal-3363	628	12	a	a	DET
cjal-3363	628	13	rise.136	rise.136	NOUN
cjal-3363	628	14	37	37	NUM
cjal-3363	628	15	cities	city	NOUN
cjal-3363	628	16	experienced	experience	VERB
cjal-3363	628	17	a	a	DET
cjal-3363	628	18	rise	rise	NOUN
cjal-3363	628	19	of	of	ADP
cjal-3363	628	20	at	at	ADV
cjal-3363	628	21	least	least	ADV
cjal-3363	628	22	ten	ten	NUM
cjal-3363	628	23	percentage	percentage	NOUN
cjal-3363	628	24	points	point	NOUN
cjal-3363	628	25	.	.	PUNCT
cjal-3363	629	1	these	these	DET
cjal-3363	629	2	figures	figure	NOUN
cjal-3363	629	3	suggest	suggest	VERB
cjal-3363	629	4	that	that	SCONJ
cjal-3363	629	5	privatization	privatization	NOUN
cjal-3363	629	6	has	have	AUX
cjal-3363	629	7	occurred	occur	VERB
cjal-3363	629	8	in	in	ADP
cjal-3363	629	9	many	many	ADJ
cjal-3363	629	10	places	place	NOUN
cjal-3363	629	11	but	but	CCONJ
cjal-3363	629	12	has	have	AUX
cjal-3363	629	13	also	also	ADV
cjal-3363	629	14	met	meet	VERB
cjal-3363	629	15	with	with	ADP
cjal-3363	629	16	difficulties	difficulty	NOUN
cjal-3363	629	17	.	.	PUNCT
cjal-3363	630	1	2	2	X
cjal-3363	630	2	.	.	NUM
cjal-3363	630	3	problems	problem	NOUN
cjal-3363	630	4	of	of	ADP
cjal-3363	630	5	price	price	NOUN
cjal-3363	630	6	regulation	regulation	NOUN
cjal-3363	630	7	and	and	CCONJ
cjal-3363	630	8	the	the	DET
cjal-3363	630	9	role	role	NOUN
cjal-3363	630	10	of	of	ADP
cjal-3363	630	11	state	state	NOUN
cjal-3363	630	12	ownership	ownership	NOUN
cjal-3363	630	13	water	water	NOUN
cjal-3363	630	14	utilities	utility	NOUN
cjal-3363	630	15	are	be	AUX
cjal-3363	630	16	usually	usually	ADV
cjal-3363	630	17	subject	subject	ADJ
cjal-3363	630	18	to	to	ADP
cjal-3363	630	19	price	price	NOUN
cjal-3363	630	20	regulation	regulation	NOUN
cjal-3363	630	21	because	because	SCONJ
cjal-3363	630	22	they	they	PRON
cjal-3363	630	23	are	be	AUX
cjal-3363	630	24	natural	natural	ADJ
cjal-3363	630	25	monopolies	monopoly	NOUN
cjal-3363	630	26	.	.	PUNCT
cjal-3363	631	1	although	although	SCONJ
cjal-3363	631	2	local	local	ADJ
cjal-3363	631	3	governments	government	NOUN
cjal-3363	631	4	have	have	VERB
cjal-3363	631	5	the	the	DET
cjal-3363	631	6	incentive	incentive	NOUN
cjal-3363	631	7	to	to	PART
cjal-3363	631	8	privatize	privatize	VERB
cjal-3363	631	9	,	,	PUNCT
cjal-3363	631	10	price	price	NOUN
cjal-3363	631	11	regulation	regulation	NOUN
cjal-3363	631	12	is	be	AUX
cjal-3363	631	13	under	under	ADV
cjal-3363	631	14	-	-	PUNCT
cjal-3363	631	15	developed	develop	VERB
cjal-3363	631	16	,	,	PUNCT
cjal-3363	631	17	creating	create	VERB
cjal-3363	631	18	a	a	DET
cjal-3363	631	19	major	major	ADJ
cjal-3363	631	20	barrier	barrier	NOUN
cjal-3363	631	21	for	for	ADP
cjal-3363	631	22	privatization	privatization	NOUN
cjal-3363	631	23	.	.	PUNCT
cjal-3363	632	1	a.	a.	NOUN
cjal-3363	632	2	public	public	ADJ
cjal-3363	632	3	hearings	hearing	NOUN
cjal-3363	632	4	and	and	CCONJ
cjal-3363	632	5	inspection	inspection	NOUN
cjal-3363	632	6	of	of	ADP
cjal-3363	632	7	cost	cost	NOUN
cjal-3363	632	8	similar	similar	ADJ
cjal-3363	632	9	to	to	ADP
cjal-3363	632	10	electricity	electricity	NOUN
cjal-3363	632	11	tariffs	tariff	NOUN
cjal-3363	632	12	,	,	PUNCT
cjal-3363	632	13	water	water	NOUN
cjal-3363	632	14	tariffs	tariff	NOUN
cjal-3363	632	15	are	be	AUX
cjal-3363	632	16	subject	subject	ADJ
cjal-3363	632	17	to	to	ADP
cjal-3363	632	18	cost	cost	NOUN
cjal-3363	632	19	-	-	PUNCT
cjal-3363	632	20	of	of	ADP
cjal-3363	632	21	-	-	PUNCT
cjal-3363	632	22	service	service	NOUN
cjal-3363	632	23	regulations	regulation	NOUN
cjal-3363	632	24	.	.	PUNCT
cjal-3363	633	1	according	accord	VERB
cjal-3363	633	2	to	to	ADP
cjal-3363	633	3	the	the	DET
cjal-3363	633	4	municipal	municipal	ADJ
cjal-3363	633	5	water	water	NOUN
cjal-3363	633	6	supply	supply	NOUN
cjal-3363	633	7	price	price	NOUN
cjal-3363	633	8	management	management	NOUN
cjal-3363	633	9	measures	measure	NOUN
cjal-3363	633	10	,	,	PUNCT
cjal-3363	633	11	137	137	NUM
cjal-3363	633	12	a	a	DET
cjal-3363	633	13	national	national	ADJ
cjal-3363	633	14	regulation	regulation	NOUN
cjal-3363	633	15	,	,	PUNCT
cjal-3363	633	16	water	water	NOUN
cjal-3363	633	17	utilities	utility	NOUN
cjal-3363	633	18	can	can	AUX
cjal-3363	633	19	submit	submit	VERB
cjal-3363	633	20	a	a	DET
cjal-3363	633	21	request	request	NOUN
cjal-3363	633	22	to	to	ADP
cjal-3363	633	23	the	the	DET
cjal-3363	633	24	price	price	NOUN
cjal-3363	633	25	department	department	NOUN
cjal-3363	633	26	,	,	PUNCT
cjal-3363	633	27	a	a	DET
cjal-3363	633	28	branch	branch	NOUN
cjal-3363	633	29	of	of	ADP
cjal-3363	633	30	the	the	DET
cjal-3363	633	31	city	city	NOUN
cjal-3363	633	32	level	level	NOUN
cjal-3363	633	33	government	government	NOUN
cjal-3363	633	34	,	,	PUNCT
cjal-3363	633	35	to	to	PART
cjal-3363	633	36	adjust	adjust	VERB
cjal-3363	633	37	water	water	NOUN
cjal-3363	633	38	tariffs.138	tariffs.138	PROPN
cjal-3363	633	39	before	before	ADP
cjal-3363	633	40	approving	approve	VERB
cjal-3363	633	41	the	the	DET
cjal-3363	633	42	adjustment	adjustment	NOUN
cjal-3363	633	43	,	,	PUNCT
cjal-3363	633	44	the	the	DET
cjal-3363	633	45	price	price	NOUN
cjal-3363	633	46	regulator	regulator	NOUN
cjal-3363	633	47	will	will	AUX
cjal-3363	633	48	go	go	VERB
cjal-3363	633	49	through	through	ADP
cjal-3363	633	50	a	a	DET
cjal-3363	633	51	hearing	hearing	NOUN
cjal-3363	633	52	process	process	NOUN
cjal-3363	633	53	,	,	PUNCT
cjal-3363	633	54	inviting	invite	VERB
cjal-3363	633	55	experts	expert	NOUN
cjal-3363	633	56	and	and	CCONJ
cjal-3363	633	57	the	the	DET
cjal-3363	633	58	public	public	NOUN
cjal-3363	633	59	to	to	PART
cjal-3363	633	60	participate	participate	VERB
cjal-3363	633	61	in	in	ADP
cjal-3363	633	62	the	the	DET
cjal-3363	633	63	decision	decision	NOUN
cjal-3363	633	64	-	-	PUNCT
cjal-3363	633	65	making.139	making.139	VERB
cjal-3363	633	66	based	base	VERB
cjal-3363	633	67	on	on	ADP
cjal-3363	633	68	the	the	DET
cjal-3363	633	69	opinions	opinion	NOUN
cjal-3363	633	70	gathered	gather	VERB
cjal-3363	633	71	in	in	ADP
cjal-3363	633	72	the	the	DET
cjal-3363	633	73	hearing	hearing	NOUN
cjal-3363	633	74	,	,	PUNCT
cjal-3363	633	75	the	the	DET
cjal-3363	633	76	price	price	NOUN
cjal-3363	633	77	regulator	regulator	NOUN
cjal-3363	633	78	and	and	CCONJ
cjal-3363	633	79	the	the	DET
cjal-3363	633	80	city	city	NOUN
cjal-3363	633	81	government	government	NOUN
cjal-3363	633	82	will	will	AUX
cjal-3363	633	83	determine	determine	VERB
cjal-3363	633	84	whether	whether	SCONJ
cjal-3363	633	85	to	to	PART
cjal-3363	633	86	approve	approve	VERB
cjal-3363	633	87	the	the	DET
cjal-3363	633	88	adjustment.140	adjustment.140	NOUN
cjal-3363	633	89	if	if	SCONJ
cjal-3363	633	90	approved	approve	VERB
cjal-3363	633	91	,	,	PUNCT
cjal-3363	633	92	they	they	PRON
cjal-3363	633	93	will	will	AUX
cjal-3363	633	94	report	report	VERB
cjal-3363	633	95	the	the	DET
cjal-3363	633	96	decision	decision	NOUN
cjal-3363	633	97	to	to	ADP
cjal-3363	633	98	the	the	DET
cjal-3363	633	99	higher	high	ADJ
cjal-3363	633	100	level	level	NOUN
cjal-3363	633	101	of	of	ADP
cjal-3363	633	102	government.141	government.141	PROPN
cjal-3363	633	103	136	136	NUM
cjal-3363	633	104	some	some	DET
cjal-3363	633	105	privately	privately	ADV
cjal-3363	633	106	owned	own	VERB
cjal-3363	633	107	water	water	NOUN
cjal-3363	633	108	utility	utility	NOUN
cjal-3363	633	109	companies	company	NOUN
cjal-3363	633	110	were	be	AUX
cjal-3363	633	111	nationalized	nationalize	VERB
cjal-3363	633	112	.	.	PUNCT
cjal-3363	634	1	for	for	ADP
cjal-3363	634	2	example	example	NOUN
cjal-3363	634	3	,	,	PUNCT
cjal-3363	634	4	time	time	NOUN
cjal-3363	634	5	invested	invest	VERB
cjal-3363	634	6	in	in	ADP
cjal-3363	634	7	a	a	DET
cjal-3363	634	8	water	water	NOUN
cjal-3363	634	9	utility	utility	NOUN
cjal-3363	634	10	enterprise	enterprise	NOUN
cjal-3363	634	11	in	in	ADP
cjal-3363	634	12	shanghai	shanghai	PROPN
cjal-3363	634	13	in	in	ADP
cjal-3363	634	14	1998	1998	NUM
cjal-3363	634	15	.	.	PUNCT
cjal-3363	635	1	it	it	PRON
cjal-3363	635	2	sold	sell	VERB
cjal-3363	635	3	back	back	ADP
cjal-3363	635	4	the	the	DET
cjal-3363	635	5	ownership	ownership	NOUN
cjal-3363	635	6	to	to	ADP
cjal-3363	635	7	shanghai	shanghai	PROPN
cjal-3363	635	8	government	government	NOUN
cjal-3363	635	9	in	in	ADP
cjal-3363	635	10	2004	2004	NUM
cjal-3363	635	11	.	.	PUNCT
cjal-3363	636	1	see	see	VERB
cjal-3363	636	2	ke	ke	PROPN
cjal-3363	636	3	yongjia(柯永建	yongjia(柯永建	PROPN
cjal-3363	636	4	)	)	PUNCT
cjal-3363	636	5	,	,	PUNCT
cjal-3363	636	6	wang	wang	PROPN
cjal-3363	636	7	shouqing(王守清	shouqing(王守清	PROPN
cjal-3363	636	8	)	)	PUNCT
cjal-3363	636	9	,	,	PUNCT
cjal-3363	636	10	chan	chan	PROPN
cjal-3363	636	11	albert	albert	PROPN
cjal-3363	636	12	ping	ping	PROPN
cjal-3363	636	13	-	-	PUNCT
cjal-3363	636	14	chuen(陈炳泉	chuen(陈炳泉	PROPN
cjal-3363	636	15	)	)	PUNCT
cjal-3363	636	16	,	,	PUNCT
cjal-3363	636	17	siying	siye	VERB
cjal-3363	636	18	ziben	ziben	PROPN
cjal-3363	636	19	canyu	canyu	PROPN
cjal-3363	636	20	jichu	jichu	PROPN
cjal-3363	636	21	sheshi	sheshi	PROPN
cjal-3363	636	22	ppp	ppp	PROPN
cjal-3363	636	23	xiangmu	xiangmu	PROPN
cjal-3363	636	24	de	de	PROPN
cjal-3363	636	25	zhengfu	zhengfu	PROPN
cjal-3363	636	26	jili	jili	NOUN
cjal-3363	636	27	cuoshi(私营资本参与基础设施	cuoshi(私营资本参与基础设施	ADJ
cjal-3363	636	28	ppp	ppp	NOUN
cjal-3363	636	29	项目的政府激励措施)[government	项目的政府激励措施)[government	PROPN
cjal-3363	636	30	incentives	incentive	NOUN
cjal-3363	636	31	for	for	ADP
cjal-3363	636	32	private	private	ADJ
cjal-3363	636	33	sector	sector	NOUN
cjal-3363	636	34	involvement	involvement	NOUN
cjal-3363	636	35	in	in	ADP
cjal-3363	636	36	infrastructure	infrastructure	NOUN
cjal-3363	636	37	ppp	ppp	NOUN
cjal-3363	636	38	projects	project	NOUN
cjal-3363	636	39	]	]	PUNCT
cjal-3363	636	40	,	,	PUNCT
cjal-3363	636	41	49	49	NUM
cjal-3363	636	42	qinghua	qinghua	NOUN
cjal-3363	636	43	daxue	daxue	NOUN
cjal-3363	636	44	xuebao(ziran	xuebao(ziran	PROPN
cjal-3363	637	1	kexue	kexue	NOUN
cjal-3363	637	2	ban)(清	ban)(清	PROPN
cjal-3363	637	3	华大学学报(自然科学版))[j	华大学学报(自然科学版))[j	PROPN
cjal-3363	637	4	tsinghua	tsinghua	PROPN
cjal-3363	637	5	univ	univ	PROPN
cjal-3363	637	6	.	.	PUNCT
cjal-3363	638	1	(	(	PUNCT
cjal-3363	638	2	sci	sci	PROPN
cjal-3363	638	3	.	.	PROPN
cjal-3363	638	4	&	&	CCONJ
cjal-3363	638	5	tech	tech	PROPN
cjal-3363	638	6	)	)	PUNCT
cjal-3363	638	7	]	]	PUNCT
cjal-3363	638	8	1480	1480	NUM
cjal-3363	638	9	(	(	PUNCT
cjal-3363	638	10	2009	2009	NUM
cjal-3363	638	11	)	)	PUNCT
cjal-3363	638	12	.	.	PUNCT
cjal-3363	639	1	137	137	NUM
cjal-3363	639	2	see	see	VERB
cjal-3363	639	3	shizheng	shizheng	PROPN
cjal-3363	639	4	gongshui	gongshui	PROPN
cjal-3363	639	5	jiage	jiage	PROPN
cjal-3363	639	6	guanli	guanli	PROPN
cjal-3363	639	7	banfa（城市供水价格管理办法）[municipal	banfa（城市供水价格管理办法）[municipal	PROPN
cjal-3363	639	8	water	water	NOUN
cjal-3363	639	9	supply	supply	NOUN
cjal-3363	639	10	price	price	NOUN
cjal-3363	639	11	management	management	NOUN
cjal-3363	639	12	measures](1998)(promulgated	measures](1998)(promulgate	VERB
cjal-3363	639	13	by	by	ADP
cjal-3363	639	14	the	the	DET
cjal-3363	639	15	national	national	PROPN
cjal-3363	639	16	planning	planning	PROPN
cjal-3363	639	17	committee	committee	PROPN
cjal-3363	639	18	and	and	CCONJ
cjal-3363	639	19	the	the	DET
cjal-3363	639	20	construction	construction	NOUN
cjal-3363	639	21	department	department	NOUN
cjal-3363	639	22	,	,	PUNCT
cjal-3363	639	23	sep	sep	PROPN
cjal-3363	639	24	.	.	PROPN
cjal-3363	639	25	23	23	NUM
cjal-3363	639	26	,	,	PUNCT
cjal-3363	639	27	1998	1998	NUM
cjal-3363	639	28	,	,	PUNCT
cjal-3363	639	29	effective	effective	ADJ
cjal-3363	639	30	sep	sep	PROPN
cjal-3363	639	31	.	.	PROPN
cjal-3363	639	32	23	23	NUM
cjal-3363	639	33	,	,	PUNCT
cjal-3363	639	34	1998	1998	NUM
cjal-3363	639	35	)	)	PUNCT
cjal-3363	639	36	.	.	PUNCT
cjal-3363	640	1	138	138	NUM
cjal-3363	641	1	i	i	PRON
cjal-3363	641	2	d.	d.	PROPN
cjal-3363	641	3	139	139	NUM
cjal-3363	642	1	i	i	PROPN
cjal-3363	642	2	d	d	PROPN
cjal-3363	642	3	,	,	PUNCT
cjal-3363	642	4	chapter	chapter	NOUN
cjal-3363	642	5	four	four	NUM
cjal-3363	642	6	.	.	PUNCT
cjal-3363	643	1	140	140	NUM
cjal-3363	644	1	i	i	NOUN
cjal-3363	644	2	d.	d.	PROPN
cjal-3363	644	3	141	141	NUM
cjal-3363	644	4	i	i	PROPN
cjal-3363	644	5	d.	d.	PROPN
cjal-3363	644	6	columbia	columbia	PROPN
cjal-3363	644	7	journal	journal	PROPN
cjal-3363	644	8	of	of	ADP
cjal-3363	644	9	asian	asian	ADJ
cjal-3363	644	10	law	law	NOUN
cjal-3363	645	1	[	[	X
cjal-3363	645	2	vol	vol	NOUN
cjal-3363	645	3	.	.	PUNCT
cjal-3363	646	1	31:1	31:1	NUM
cjal-3363	646	2	34	34	NUM
cjal-3363	646	3	this	this	DET
cjal-3363	646	4	process	process	NOUN
cjal-3363	646	5	incurs	incur	VERB
cjal-3363	646	6	significant	significant	ADJ
cjal-3363	646	7	procedural	procedural	ADJ
cjal-3363	646	8	costs	cost	NOUN
cjal-3363	646	9	,	,	PUNCT
cjal-3363	646	10	as	as	SCONJ
cjal-3363	646	11	it	it	PRON
cjal-3363	646	12	takes	take	VERB
cjal-3363	646	13	significant	significant	ADJ
cjal-3363	646	14	time	time	NOUN
cjal-3363	646	15	and	and	CCONJ
cjal-3363	646	16	resources.142	resources.142	NOUN
cjal-3363	646	17	moreover	moreover	ADV
cjal-3363	646	18	,	,	PUNCT
cjal-3363	646	19	it	it	PRON
cjal-3363	646	20	draws	draw	VERB
cjal-3363	646	21	significant	significant	ADJ
cjal-3363	646	22	criticism	criticism	NOUN
cjal-3363	646	23	from	from	ADP
cjal-3363	646	24	public	public	ADJ
cjal-3363	646	25	consumers	consumer	NOUN
cjal-3363	646	26	as	as	ADV
cjal-3363	646	27	well	well	ADV
cjal-3363	646	28	as	as	ADP
cjal-3363	646	29	scholars	scholar	NOUN
cjal-3363	646	30	.	.	PUNCT
cjal-3363	647	1	as	as	SCONJ
cjal-3363	647	2	some	some	DET
cjal-3363	647	3	scholars	scholar	NOUN
cjal-3363	647	4	have	have	AUX
cjal-3363	647	5	pointed	point	VERB
cjal-3363	647	6	out	out	ADP
cjal-3363	647	7	,	,	PUNCT
cjal-3363	647	8	it	it	PRON
cjal-3363	647	9	is	be	AUX
cjal-3363	647	10	a	a	DET
cjal-3363	647	11	one	one	NUM
cjal-3363	647	12	-	-	PUNCT
cjal-3363	647	13	sided	sided	ADJ
cjal-3363	647	14	decision	decision	NOUN
cjal-3363	647	15	-	-	PUNCT
cjal-3363	647	16	making	make	VERB
cjal-3363	647	17	process	process	NOUN
cjal-3363	647	18	.	.	PUNCT
cjal-3363	648	1	143	143	NUM
cjal-3363	648	2	without	without	ADP
cjal-3363	648	3	sufficient	sufficient	ADJ
cjal-3363	648	4	knowledge	knowledge	NOUN
cjal-3363	648	5	and	and	CCONJ
cjal-3363	648	6	capacity	capacity	NOUN
cjal-3363	648	7	,	,	PUNCT
cjal-3363	648	8	public	public	ADJ
cjal-3363	648	9	representatives	representative	NOUN
cjal-3363	648	10	often	often	ADV
cjal-3363	648	11	can	can	AUX
cjal-3363	648	12	not	not	PART
cjal-3363	648	13	fully	fully	ADV
cjal-3363	648	14	understand	understand	VERB
cjal-3363	648	15	the	the	DET
cjal-3363	648	16	accounting	accounting	NOUN
cjal-3363	648	17	reports	report	NOUN
cjal-3363	648	18	on	on	ADP
cjal-3363	648	19	the	the	DET
cjal-3363	648	20	costs	cost	NOUN
cjal-3363	648	21	of	of	ADP
cjal-3363	648	22	water	water	NOUN
cjal-3363	648	23	utilities	utility	NOUN
cjal-3363	648	24	through	through	ADP
cjal-3363	648	25	attending	attend	VERB
cjal-3363	648	26	the	the	DET
cjal-3363	648	27	hearing.144	hearing.144	PROPN
cjal-3363	648	28	under	under	ADP
cjal-3363	648	29	the	the	DET
cjal-3363	648	30	expectation	expectation	NOUN
cjal-3363	648	31	that	that	SCONJ
cjal-3363	648	32	the	the	DET
cjal-3363	648	33	public	public	NOUN
cjal-3363	648	34	should	should	AUX
cjal-3363	648	35	have	have	AUX
cjal-3363	648	36	a	a	DET
cjal-3363	648	37	say	say	NOUN
cjal-3363	648	38	in	in	ADP
cjal-3363	648	39	the	the	DET
cjal-3363	648	40	adjustment	adjustment	NOUN
cjal-3363	648	41	of	of	ADP
cjal-3363	648	42	water	water	NOUN
cjal-3363	648	43	tariffs	tariff	NOUN
cjal-3363	648	44	,	,	PUNCT
cjal-3363	648	45	the	the	DET
cjal-3363	648	46	hearing	hearing	NOUN
cjal-3363	648	47	process	process	NOUN
cjal-3363	648	48	is	be	AUX
cjal-3363	648	49	criticized	criticize	VERB
cjal-3363	648	50	as	as	ADP
cjal-3363	648	51	a	a	DET
cjal-3363	648	52	public	public	ADJ
cjal-3363	648	53	theater	theater	NOUN
cjal-3363	648	54	without	without	ADP
cjal-3363	648	55	any	any	DET
cjal-3363	648	56	substantive	substantive	ADJ
cjal-3363	648	57	impact	impact	NOUN
cjal-3363	648	58	on	on	ADP
cjal-3363	648	59	the	the	DET
cjal-3363	648	60	final	final	ADJ
cjal-3363	648	61	decision.145	decision.145	NOUN
cjal-3363	648	62	the	the	DET
cjal-3363	648	63	price	price	NOUN
cjal-3363	648	64	regulation	regulation	NOUN
cjal-3363	648	65	also	also	ADV
cjal-3363	648	66	involves	involve	VERB
cjal-3363	648	67	distributional	distributional	ADJ
cjal-3363	648	68	concerns	concern	NOUN
cjal-3363	648	69	–	–	PUNCT
cjal-3363	648	70	a	a	DET
cjal-3363	648	71	lower	low	ADJ
cjal-3363	648	72	water	water	NOUN
cjal-3363	648	73	tariff	tariff	NOUN
cjal-3363	648	74	for	for	ADP
cjal-3363	648	75	residential	residential	ADJ
cjal-3363	648	76	use	use	NOUN
cjal-3363	648	77	would	would	AUX
cjal-3363	648	78	benefit	benefit	VERB
cjal-3363	648	79	low	low	ADJ
cjal-3363	648	80	-	-	PUNCT
cjal-3363	648	81	income	income	NOUN
cjal-3363	648	82	individuals	individual	NOUN
cjal-3363	648	83	since	since	SCONJ
cjal-3363	648	84	they	they	PRON
cjal-3363	648	85	spend	spend	VERB
cjal-3363	648	86	a	a	DET
cjal-3363	648	87	larger	large	ADJ
cjal-3363	648	88	portion	portion	NOUN
cjal-3363	648	89	of	of	ADP
cjal-3363	648	90	their	their	PRON
cjal-3363	648	91	income	income	NOUN
cjal-3363	648	92	on	on	ADP
cjal-3363	648	93	water	water	NOUN
cjal-3363	648	94	usage	usage	NOUN
cjal-3363	648	95	.	.	PUNCT
cjal-3363	649	1	thus	thus	ADV
cjal-3363	649	2	,	,	PUNCT
cjal-3363	649	3	it	it	PRON
cjal-3363	649	4	is	be	AUX
cjal-3363	649	5	sometimes	sometimes	ADV
cjal-3363	649	6	difficult	difficult	ADJ
cjal-3363	649	7	for	for	SCONJ
cjal-3363	649	8	the	the	DET
cjal-3363	649	9	public	public	NOUN
cjal-3363	649	10	to	to	PART
cjal-3363	649	11	reach	reach	VERB
cjal-3363	649	12	a	a	DET
cjal-3363	649	13	consensus	consensus	NOUN
cjal-3363	649	14	on	on	ADP
cjal-3363	649	15	the	the	DET
cjal-3363	649	16	appropriate	appropriate	ADJ
cjal-3363	649	17	level	level	NOUN
cjal-3363	649	18	of	of	ADP
cjal-3363	649	19	water	water	NOUN
cjal-3363	649	20	tariffs	tariff	NOUN
cjal-3363	649	21	.	.	PUNCT
cjal-3363	650	1	additionally	additionally	ADV
cjal-3363	650	2	,	,	PUNCT
cjal-3363	650	3	it	it	PRON
cjal-3363	650	4	is	be	AUX
cjal-3363	650	5	difficult	difficult	ADJ
cjal-3363	650	6	to	to	PART
cjal-3363	650	7	determine	determine	VERB
cjal-3363	650	8	the	the	DET
cjal-3363	650	9	cost	cost	NOUN
cjal-3363	650	10	of	of	ADP
cjal-3363	650	11	supplying	supply	VERB
cjal-3363	650	12	water	water	NOUN
cjal-3363	650	13	as	as	ADP
cjal-3363	650	14	a	a	DET
cjal-3363	650	15	basis	basis	NOUN
cjal-3363	650	16	for	for	ADP
cjal-3363	650	17	calculating	calculate	VERB
cjal-3363	650	18	water	water	NOUN
cjal-3363	650	19	tariffs	tariff	NOUN
cjal-3363	650	20	.	.	PUNCT
cjal-3363	651	1	for	for	ADP
cjal-3363	651	2	example	example	NOUN
cjal-3363	651	3	,	,	PUNCT
cjal-3363	651	4	many	many	ADJ
cjal-3363	651	5	water	water	NOUN
cjal-3363	651	6	utilities	utility	NOUN
cjal-3363	651	7	provide	provide	VERB
cjal-3363	651	8	high	high	ADJ
cjal-3363	651	9	salaries	salary	NOUN
cjal-3363	651	10	to	to	ADP
cjal-3363	651	11	employees.146	employees.146	ADP
cjal-3363	651	12	the	the	DET
cjal-3363	651	13	price	price	NOUN
cjal-3363	651	14	regulator	regulator	NOUN
cjal-3363	651	15	thus	thus	ADV
cjal-3363	651	16	needs	need	VERB
cjal-3363	651	17	to	to	PART
cjal-3363	651	18	regulate	regulate	VERB
cjal-3363	651	19	many	many	ADJ
cjal-3363	651	20	business	business	NOUN
cjal-3363	651	21	decisions	decision	NOUN
cjal-3363	651	22	made	make	VERB
cjal-3363	651	23	by	by	ADP
cjal-3363	651	24	the	the	DET
cjal-3363	651	25	water	water	NOUN
cjal-3363	651	26	utility	utility	NOUN
cjal-3363	651	27	companies	company	NOUN
cjal-3363	651	28	,	,	PUNCT
cjal-3363	651	29	which	which	PRON
cjal-3363	651	30	requires	require	VERB
cjal-3363	651	31	significant	significant	ADJ
cjal-3363	651	32	resources	resource	NOUN
cjal-3363	651	33	.	.	PUNCT
cjal-3363	652	1	the	the	DET
cjal-3363	652	2	public	public	NOUN
cjal-3363	652	3	is	be	AUX
cjal-3363	652	4	often	often	ADV
cjal-3363	652	5	not	not	PART
cjal-3363	652	6	content	content	ADJ
cjal-3363	652	7	with	with	ADP
cjal-3363	652	8	the	the	DET
cjal-3363	652	9	regulatory	regulatory	ADJ
cjal-3363	652	10	constraints	constraint	NOUN
cjal-3363	652	11	imposed	impose	VERB
cjal-3363	652	12	on	on	ADP
cjal-3363	652	13	water	water	NOUN
cjal-3363	652	14	utilities	utility	NOUN
cjal-3363	652	15	to	to	PART
cjal-3363	652	16	reduce	reduce	VERB
cjal-3363	652	17	their	their	PRON
cjal-3363	652	18	cost	cost	NOUN
cjal-3363	652	19	of	of	ADP
cjal-3363	652	20	supply	supply	NOUN
cjal-3363	652	21	.	.	PUNCT
cjal-3363	653	1	147	147	NUM
cjal-3363	653	2	many	many	ADJ
cjal-3363	653	3	accounting	accounting	NOUN
cjal-3363	653	4	terms	term	NOUN
cjal-3363	653	5	used	use	VERB
cjal-3363	653	6	in	in	ADP
cjal-3363	653	7	determining	determine	VERB
cjal-3363	653	8	the	the	DET
cjal-3363	653	9	costs	cost	NOUN
cjal-3363	653	10	of	of	ADP
cjal-3363	653	11	water	water	NOUN
cjal-3363	653	12	supply	supply	NOUN
cjal-3363	653	13	are	be	AUX
cjal-3363	653	14	ambiguous	ambiguous	ADJ
cjal-3363	653	15	and	and	CCONJ
cjal-3363	653	16	can	can	AUX
cjal-3363	653	17	easily	easily	ADV
cjal-3363	653	18	be	be	AUX
cjal-3363	653	19	manipulated	manipulate	VERB
cjal-3363	653	20	,	,	PUNCT
cjal-3363	653	21	which	which	PRON
cjal-3363	653	22	have	have	AUX
cjal-3363	653	23	also	also	ADV
cjal-3363	653	24	caused	cause	VERB
cjal-3363	653	25	problems	problem	NOUN
cjal-3363	653	26	for	for	ADP
cjal-3363	653	27	price	price	NOUN
cjal-3363	653	28	regulation	regulation	NOUN
cjal-3363	653	29	.	.	PUNCT
cjal-3363	654	1	b.	b.	VERB
cjal-3363	655	1	the	the	DET
cjal-3363	655	2	incentive	incentive	NOUN
cjal-3363	655	3	of	of	ADP
cjal-3363	655	4	local	local	ADJ
cjal-3363	655	5	governments	government	NOUN
cjal-3363	655	6	to	to	PART
cjal-3363	655	7	act	act	VERB
cjal-3363	655	8	opportunistically	opportunistically	ADV
cjal-3363	655	9	the	the	DET
cjal-3363	655	10	public	public	NOUN
cjal-3363	655	11	’s	’s	PART
cjal-3363	655	12	distrust	distrust	NOUN
cjal-3363	655	13	and	and	CCONJ
cjal-3363	655	14	scholars	scholar	NOUN
cjal-3363	655	15	’	'	PUNCT
cjal-3363	655	16	criticism	criticism	NOUN
cjal-3363	655	17	have	have	AUX
cjal-3363	655	18	put	put	VERB
cjal-3363	655	19	enormous	enormous	ADJ
cjal-3363	655	20	pressure	pressure	NOUN
cjal-3363	655	21	on	on	ADP
cjal-3363	655	22	local	local	ADJ
cjal-3363	655	23	governments	government	NOUN
cjal-3363	655	24	,	,	PUNCT
cjal-3363	655	25	making	make	VERB
cjal-3363	655	26	them	they	PRON
cjal-3363	655	27	reluctant	reluctant	ADJ
cjal-3363	655	28	to	to	PART
cjal-3363	655	29	adjust	adjust	VERB
cjal-3363	655	30	water	water	NOUN
cjal-3363	655	31	tariffs	tariff	NOUN
cjal-3363	655	32	frequently.148	frequently.148	VERB
cjal-3363	655	33	when	when	SCONJ
cjal-3363	655	34	the	the	DET
cjal-3363	655	35	costs	cost	NOUN
cjal-3363	655	36	of	of	ADP
cjal-3363	655	37	water	water	NOUN
cjal-3363	655	38	142	142	NUM
cjal-3363	655	39	fu	fu	NOUN
cjal-3363	655	40	tao	tao	PROPN
cjal-3363	655	41	(	(	PUNCT
cjal-3363	655	42	傅涛	傅涛	NOUN
cjal-3363	655	43	)	)	PUNCT
cjal-3363	655	44	,	,	PUNCT
cjal-3363	655	45	shuijia	shuijia	PROPN
cjal-3363	655	46	ershijiang(水价二十讲)[twenty	ershijiang(水价二十讲)[twenty	NOUN
cjal-3363	655	47	lecturs	lectur	NOUN
cjal-3363	655	48	in	in	ADP
cjal-3363	655	49	water	water	NOUN
cjal-3363	655	50	price	price	NOUN
cjal-3363	655	51	]	]	PUNCT
cjal-3363	655	52	22	22	NUM
cjal-3363	655	53	(	(	PUNCT
cjal-3363	655	54	2011	2011	NUM
cjal-3363	655	55	)	)	PUNCT
cjal-3363	655	56	.	.	PUNCT
cjal-3363	656	1	143	143	NUM
cjal-3363	656	2	wang	wang	PROPN
cjal-3363	656	3	xixin(王锡锌	xixin(王锡锌	PROPN
cjal-3363	656	4	)	)	PUNCT
cjal-3363	656	5	,	,	PUNCT
cjal-3363	656	6	gonggong	gonggong	NOUN
cjal-3363	656	7	juece	juece	PROPN
cjal-3363	656	8	zhong	zhong	PROPN
cjal-3363	656	9	de	de	PROPN
cjal-3363	656	10	dazhong	dazhong	PROPN
cjal-3363	656	11	,	,	PUNCT
cjal-3363	656	12	zhuanjia	zhuanjia	X
cjal-3363	656	13	yu	yu	PROPN
cjal-3363	656	14	zhengfu(公共决策中的大众、专	zhengfu(公共决策中的大众、专	PROPN
cjal-3363	656	15	家与政府)[the	家与政府)[the	DET
cjal-3363	656	16	public	public	ADJ
cjal-3363	656	17	,	,	PUNCT
cjal-3363	656	18	expertise	expertise	NOUN
cjal-3363	656	19	and	and	CCONJ
cjal-3363	656	20	government	government	NOUN
cjal-3363	656	21	in	in	ADP
cjal-3363	656	22	public	public	ADJ
cjal-3363	656	23	decision	decision	NOUN
cjal-3363	656	24	-	-	PUNCT
cjal-3363	656	25	makings	making	NOUN
cjal-3363	656	26	]	]	PUNCT
cjal-3363	656	27	,	,	PUNCT
cjal-3363	656	28	4	4	NUM
cjal-3363	656	29	zhongwai	zhongwai	NOUN
cjal-3363	656	30	faxue(中外法	faxue(中外法	NOUN
cjal-3363	656	31	学)[peking	学)[peke	VERB
cjal-3363	656	32	u.	u.	PROPN
cjal-3363	656	33	l.	l.	PROPN
cjal-3363	656	34	j.	j.	PROPN
cjal-3363	656	35	]	]	X
cjal-3363	656	36	462	462	NUM
cjal-3363	656	37	(	(	PUNCT
cjal-3363	656	38	2006	2006	NUM
cjal-3363	656	39	)	)	PUNCT
cjal-3363	656	40	.	.	PUNCT
cjal-3363	657	1	144	144	NUM
cjal-3363	657	2	fu	fu	PROPN
cjal-3363	657	3	tao	tao	PROPN
cjal-3363	657	4	,	,	PUNCT
cjal-3363	657	5	supra	supra	PROPN
cjal-3363	657	6	note	note	PROPN
cjal-3363	657	7	142	142	NUM
cjal-3363	657	8	,	,	PUNCT
cjal-3363	657	9	at	at	ADP
cjal-3363	657	10	17	17	NUM
cjal-3363	657	11	.	.	PUNCT
cjal-3363	657	12	145	145	NUM
cjal-3363	657	13	fu	fu	PROPN
cjal-3363	657	14	tao	tao	PROPN
cjal-3363	657	15	,	,	PUNCT
cjal-3363	657	16	supra	supra	PROPN
cjal-3363	657	17	note	note	PROPN
cjal-3363	657	18	142	142	NUM
cjal-3363	657	19	,	,	PUNCT
cjal-3363	657	20	at	at	ADP
cjal-3363	657	21	17	17	NUM
cjal-3363	657	22	.	.	PUNCT
cjal-3363	658	1	146	146	NUM
cjal-3363	658	2	renjun	renjun	PROPN
cjal-3363	658	3	shouru	shouru	PROPN
cjal-3363	658	4	gao	gao	PROPN
cjal-3363	658	5	20	20	NUM
cjal-3363	658	6	%	%	NOUN
cjal-3363	658	7	zhuanjia	zhuanjia	X
cjal-3363	658	8	xi	xi	PROPN
cjal-3363	658	9	zilaishui	zilaishui	PROPN
cjal-3363	658	10	gongsi	gongsi	PROPN
cjal-3363	658	11	kuisun	kuisun	PROPN
cjal-3363	658	12	zhenshi	zhenshi	PROPN
cjal-3363	658	13	yuanyin(人均收入高	yuanyin(人均收入高	PROPN
cjal-3363	658	14	20	20	NUM
cjal-3363	658	15	%	%	NOUN
cjal-3363	658	16	专家析自	专家析自	ADJ
cjal-3363	658	17	来水公司亏损真实原因)[salaries	来水公司亏损真实原因)[salaries	PROPN
cjal-3363	658	18	of	of	ADP
cjal-3363	658	19	employees	employee	NOUN
cjal-3363	658	20	in	in	ADP
cjal-3363	658	21	water	water	NOUN
cjal-3363	658	22	utility	utility	NOUN
cjal-3363	658	23	companies	company	NOUN
cjal-3363	658	24	20	20	NUM
cjal-3363	658	25	%	%	NOUN
cjal-3363	658	26	higher	high	ADJ
cjal-3363	658	27	than	than	ADP
cjal-3363	658	28	average	average	ADJ
cjal-3363	658	29	:	:	PUNCT
cjal-3363	658	30	the	the	DET
cjal-3363	658	31	real	real	ADJ
cjal-3363	658	32	reasons	reason	NOUN
cjal-3363	658	33	for	for	ADP
cjal-3363	658	34	the	the	DET
cjal-3363	658	35	loss	loss	NOUN
cjal-3363	658	36	of	of	ADP
cjal-3363	658	37	water	water	NOUN
cjal-3363	658	38	utility	utility	NOUN
cjal-3363	658	39	companies	company	NOUN
cjal-3363	658	40	]	]	PUNCT
cjal-3363	658	41	,	,	PUNCT
cjal-3363	658	42	zhongguo	zhongguo	PROPN
cjal-3363	658	43	xinwen	xinwen	PROPN
cjal-3363	658	44	wang(中国新闻网)[china	wang(中国新闻网)[china	AUX
cjal-3363	658	45	news	news	PROPN
cjal-3363	658	46	online	online	ADV
cjal-3363	658	47	]	]	X
cjal-3363	658	48	,	,	PUNCT
cjal-3363	658	49	aug	aug	PROPN
cjal-3363	658	50	.	.	PROPN
cjal-3363	658	51	11	11	NUM
cjal-3363	658	52	,	,	PUNCT
cjal-3363	658	53	2009	2009	NUM
cjal-3363	658	54	,	,	PUNCT
cjal-3363	658	55	http://www.chinanews.com/cj/cj-cyzh/news/2009/08-11/1812044.shtml	http://www.chinanews.com/cj/cj-cyzh/news/2009/08-11/1812044.shtml	PROPN
cjal-3363	658	56	.	.	PUNCT
cjal-3363	659	1	147	147	NUM
cjal-3363	659	2	fu	fu	PROPN
cjal-3363	659	3	tao	tao	PROPN
cjal-3363	659	4	,	,	PUNCT
cjal-3363	659	5	supra	supra	PROPN
cjal-3363	659	6	note	note	PROPN
cjal-3363	659	7	142	142	NUM
cjal-3363	659	8	,	,	PUNCT
cjal-3363	659	9	at	at	ADP
cjal-3363	659	10	17	17	NUM
cjal-3363	659	11	.	.	PUNCT
cjal-3363	659	12	148	148	NUM
cjal-3363	659	13	fu	fu	NOUN
cjal-3363	659	14	tao	tao	PROPN
cjal-3363	659	15	,	,	PUNCT
cjal-3363	659	16	supra	supra	PROPN
cjal-3363	659	17	note	note	PROPN
cjal-3363	659	18	142	142	NUM
cjal-3363	659	19	,	,	PUNCT
cjal-3363	659	20	at	at	ADP
cjal-3363	659	21	21	21	NUM
cjal-3363	659	22	.	.	PUNCT
cjal-3363	659	23	2017	2017	NUM
cjal-3363	659	24	]	]	PUNCT
cjal-3363	659	25	state	state	NOUN
cjal-3363	659	26	ownership	ownership	NOUN
cjal-3363	659	27	and	and	CCONJ
cjal-3363	659	28	regulatory	regulatory	ADJ
cjal-3363	659	29	costs	cost	NOUN
cjal-3363	659	30	35	35	NUM
cjal-3363	659	31	suppliea	suppliea	ADJ
cjal-3363	659	32	increase	increase	NOUN
cjal-3363	659	33	,	,	PUNCT
cjal-3363	659	34	they	they	PRON
cjal-3363	659	35	are	be	AUX
cjal-3363	659	36	borne	bear	VERB
cjal-3363	659	37	by	by	ADP
cjal-3363	659	38	the	the	DET
cjal-3363	659	39	water	water	NOUN
cjal-3363	659	40	utilities	utility	NOUN
cjal-3363	659	41	and	and	CCONJ
cjal-3363	659	42	shared	share	VERB
cjal-3363	659	43	by	by	ADP
cjal-3363	659	44	all	all	DET
cjal-3363	659	45	investors	investor	NOUN
cjal-3363	659	46	.	.	PUNCT
cjal-3363	660	1	local	local	ADJ
cjal-3363	660	2	governments	government	NOUN
cjal-3363	660	3	can	can	AUX
cjal-3363	660	4	thus	thus	ADV
cjal-3363	660	5	externalize	externalize	VERB
cjal-3363	660	6	some	some	PRON
cjal-3363	660	7	of	of	ADP
cjal-3363	660	8	the	the	DET
cjal-3363	660	9	costs	cost	NOUN
cjal-3363	660	10	to	to	ADP
cjal-3363	660	11	private	private	ADJ
cjal-3363	660	12	investors	investor	NOUN
cjal-3363	660	13	.	.	PUNCT
cjal-3363	661	1	the	the	DET
cjal-3363	661	2	law	law	NOUN
cjal-3363	661	3	on	on	ADP
cjal-3363	661	4	the	the	DET
cjal-3363	661	5	price	price	NOUN
cjal-3363	661	6	regulation	regulation	NOUN
cjal-3363	661	7	of	of	ADP
cjal-3363	661	8	water	water	NOUN
cjal-3363	661	9	tariffs	tariff	NOUN
cjal-3363	661	10	grants	grant	VERB
cjal-3363	661	11	discretionary	discretionary	ADJ
cjal-3363	661	12	approval	approval	NOUN
cjal-3363	661	13	power	power	NOUN
cjal-3363	661	14	to	to	ADP
cjal-3363	661	15	local	local	ADJ
cjal-3363	661	16	governments	government	NOUN
cjal-3363	661	17	.	.	PUNCT
cjal-3363	662	1	the	the	DET
cjal-3363	662	2	regulatory	regulatory	ADJ
cjal-3363	662	3	rules	rule	NOUN
cjal-3363	662	4	allow	allow	VERB
cjal-3363	662	5	local	local	ADJ
cjal-3363	662	6	governments	government	NOUN
cjal-3363	662	7	to	to	PART
cjal-3363	662	8	consider	consider	VERB
cjal-3363	662	9	the	the	DET
cjal-3363	662	10	development	development	NOUN
cjal-3363	662	11	of	of	ADP
cjal-3363	662	12	water	water	NOUN
cjal-3363	662	13	utilities	utility	NOUN
cjal-3363	662	14	,	,	PUNCT
cjal-3363	662	15	the	the	DET
cjal-3363	662	16	growing	grow	VERB
cjal-3363	662	17	needs	need	NOUN
cjal-3363	662	18	for	for	ADP
cjal-3363	662	19	a	a	DET
cjal-3363	662	20	water	water	NOUN
cjal-3363	662	21	supply	supply	NOUN
cjal-3363	662	22	,	,	PUNCT
cjal-3363	662	23	and	and	CCONJ
cjal-3363	662	24	the	the	DET
cjal-3363	662	25	burden	burden	NOUN
cjal-3363	662	26	on	on	ADP
cjal-3363	662	27	the	the	DET
cjal-3363	662	28	public	public	NOUN
cjal-3363	662	29	.	.	PUNCT
cjal-3363	663	1	these	these	DET
cjal-3363	663	2	objectives	objective	NOUN
cjal-3363	663	3	are	be	AUX
cjal-3363	663	4	often	often	ADV
cjal-3363	663	5	in	in	ADP
cjal-3363	663	6	conflict	conflict	NOUN
cjal-3363	663	7	with	with	ADP
cjal-3363	663	8	each	each	DET
cjal-3363	663	9	other	other	ADJ
cjal-3363	663	10	,	,	PUNCT
cjal-3363	663	11	which	which	PRON
cjal-3363	663	12	essentially	essentially	ADV
cjal-3363	663	13	allow	allow	VERB
cjal-3363	663	14	local	local	ADJ
cjal-3363	663	15	governments	government	NOUN
cjal-3363	663	16	to	to	PART
cjal-3363	663	17	make	make	VERB
cjal-3363	663	18	decisions	decision	NOUN
cjal-3363	663	19	with	with	ADP
cjal-3363	663	20	unbounded	unbounded	ADJ
cjal-3363	663	21	discretion	discretion	NOUN
cjal-3363	663	22	because	because	SCONJ
cjal-3363	663	23	they	they	PRON
cjal-3363	663	24	can	can	AUX
cjal-3363	663	25	always	always	ADV
cjal-3363	663	26	find	find	VERB
cjal-3363	663	27	a	a	DET
cjal-3363	663	28	justification	justification	NOUN
cjal-3363	663	29	for	for	ADP
cjal-3363	663	30	their	their	PRON
cjal-3363	663	31	decisions.149	decisions.149	NOUN
cjal-3363	663	32	because	because	SCONJ
cjal-3363	663	33	of	of	ADP
cjal-3363	663	34	the	the	DET
cjal-3363	663	35	difficulties	difficulty	NOUN
cjal-3363	663	36	in	in	ADP
cjal-3363	663	37	regulation	regulation	NOUN
cjal-3363	663	38	,	,	PUNCT
cjal-3363	663	39	some	some	DET
cjal-3363	663	40	local	local	ADJ
cjal-3363	663	41	governments	government	NOUN
cjal-3363	663	42	are	be	AUX
cjal-3363	663	43	reluctant	reluctant	ADJ
cjal-3363	663	44	to	to	PART
cjal-3363	663	45	adjust	adjust	VERB
cjal-3363	663	46	water	water	NOUN
cjal-3363	663	47	tariffs	tariff	NOUN
cjal-3363	663	48	pursuant	pursuant	ADJ
cjal-3363	663	49	to	to	ADP
cjal-3363	663	50	regulatory	regulatory	ADJ
cjal-3363	663	51	rules	rule	NOUN
cjal-3363	663	52	.	.	PUNCT
cjal-3363	664	1	some	some	DET
cjal-3363	664	2	local	local	ADJ
cjal-3363	664	3	governments	government	NOUN
cjal-3363	664	4	chose	choose	VERB
cjal-3363	664	5	not	not	PART
cjal-3363	664	6	to	to	PART
cjal-3363	664	7	adjust	adjust	VERB
cjal-3363	664	8	water	water	NOUN
cjal-3363	664	9	tariffs	tariff	NOUN
cjal-3363	664	10	for	for	ADP
cjal-3363	664	11	a	a	DET
cjal-3363	664	12	long	long	ADJ
cjal-3363	664	13	period	period	NOUN
cjal-3363	664	14	of	of	ADP
cjal-3363	664	15	time	time	NOUN
cjal-3363	664	16	even	even	ADV
cjal-3363	664	17	though	though	SCONJ
cjal-3363	664	18	the	the	DET
cjal-3363	664	19	costs	cost	NOUN
cjal-3363	664	20	of	of	ADP
cjal-3363	664	21	supplying	supply	VERB
cjal-3363	664	22	water	water	NOUN
cjal-3363	664	23	had	have	AUX
cjal-3363	664	24	risen	rise	VERB
cjal-3363	664	25	significantly.150	significantly.150	ADJ
cjal-3363	664	26	private	private	ADJ
cjal-3363	664	27	investors	investor	NOUN
cjal-3363	664	28	thus	thus	ADV
cjal-3363	664	29	need	need	VERB
cjal-3363	664	30	to	to	PART
cjal-3363	664	31	bear	bear	VERB
cjal-3363	664	32	the	the	DET
cjal-3363	664	33	cost	cost	NOUN
cjal-3363	664	34	of	of	ADP
cjal-3363	664	35	opportunistic	opportunistic	ADJ
cjal-3363	664	36	actions	action	NOUN
cjal-3363	664	37	by	by	ADP
cjal-3363	664	38	the	the	DET
cjal-3363	664	39	government	government	NOUN
cjal-3363	664	40	when	when	SCONJ
cjal-3363	664	41	they	they	PRON
cjal-3363	664	42	enter	enter	VERB
cjal-3363	664	43	this	this	DET
cjal-3363	664	44	industry	industry	NOUN
cjal-3363	664	45	.	.	PUNCT
cjal-3363	665	1	because	because	SCONJ
cjal-3363	665	2	of	of	ADP
cjal-3363	665	3	this	this	DET
cjal-3363	665	4	cost	cost	NOUN
cjal-3363	665	5	,	,	PUNCT
cjal-3363	665	6	private	private	ADJ
cjal-3363	665	7	investors	investor	NOUN
cjal-3363	665	8	may	may	AUX
cjal-3363	665	9	be	be	AUX
cjal-3363	665	10	deterred	deter	VERB
cjal-3363	665	11	from	from	ADP
cjal-3363	665	12	investing	investing	NOUN
cjal-3363	665	13	,	,	PUNCT
cjal-3363	665	14	leading	lead	VERB
cjal-3363	665	15	to	to	ADP
cjal-3363	665	16	an	an	DET
cjal-3363	665	17	underinvestment	underinvestment	ADJ
cjal-3363	665	18	problem	problem	NOUN
cjal-3363	665	19	and	and	CCONJ
cjal-3363	665	20	a	a	DET
cjal-3363	665	21	shortage	shortage	NOUN
cjal-3363	665	22	of	of	ADP
cjal-3363	665	23	water	water	NOUN
cjal-3363	665	24	supply	supply	NOUN
cjal-3363	665	25	.	.	PUNCT
cjal-3363	666	1	when	when	SCONJ
cjal-3363	666	2	local	local	ADJ
cjal-3363	666	3	governments	government	NOUN
cjal-3363	666	4	use	use	VERB
cjal-3363	666	5	soes	soe	NOUN
cjal-3363	666	6	to	to	PART
cjal-3363	666	7	supply	supply	VERB
cjal-3363	666	8	water	water	NOUN
cjal-3363	666	9	,	,	PUNCT
cjal-3363	666	10	they	they	PRON
cjal-3363	666	11	can	can	AUX
cjal-3363	666	12	not	not	PART
cjal-3363	666	13	act	act	VERB
cjal-3363	666	14	opportunistically	opportunistically	ADV
cjal-3363	666	15	:	:	PUNCT
cjal-3363	666	16	if	if	SCONJ
cjal-3363	666	17	water	water	NOUN
cjal-3363	666	18	tariffs	tariff	NOUN
cjal-3363	666	19	are	be	AUX
cjal-3363	666	20	too	too	ADV
cjal-3363	666	21	low	low	ADJ
cjal-3363	666	22	,	,	PUNCT
cjal-3363	666	23	local	local	ADJ
cjal-3363	666	24	governments	government	NOUN
cjal-3363	666	25	must	must	AUX
cjal-3363	666	26	subsidize	subsidize	VERB
cjal-3363	666	27	the	the	DET
cjal-3363	666	28	enterprise.151	enterprise.151	NOUN
cjal-3363	666	29	thus	thus	ADV
cjal-3363	666	30	,	,	PUNCT
cjal-3363	666	31	soes	soe	NOUN
cjal-3363	666	32	are	be	AUX
cjal-3363	666	33	not	not	PART
cjal-3363	666	34	subject	subject	ADJ
cjal-3363	666	35	to	to	ADP
cjal-3363	666	36	the	the	DET
cjal-3363	666	37	social	social	ADJ
cjal-3363	666	38	costs	cost	NOUN
cjal-3363	666	39	of	of	ADP
cjal-3363	666	40	opportunistic	opportunistic	ADJ
cjal-3363	666	41	actions	action	NOUN
cjal-3363	666	42	as	as	SCONJ
cjal-3363	666	43	private	private	ADJ
cjal-3363	666	44	enterprises	enterprise	NOUN
cjal-3363	666	45	would	would	AUX
cjal-3363	666	46	be	be	AUX
cjal-3363	666	47	.	.	PUNCT
cjal-3363	667	1	3	3	X
cjal-3363	667	2	.	.	PUNCT
cjal-3363	667	3	empirical	empirical	ADJ
cjal-3363	667	4	evidence	evidence	NOUN
cjal-3363	667	5	in	in	ADP
cjal-3363	667	6	different	different	ADJ
cjal-3363	667	7	cities	city	NOUN
cjal-3363	667	8	in	in	ADP
cjal-3363	667	9	order	order	NOUN
cjal-3363	667	10	to	to	PART
cjal-3363	667	11	illustrate	illustrate	VERB
cjal-3363	667	12	the	the	DET
cjal-3363	667	13	impacts	impact	NOUN
cjal-3363	667	14	of	of	ADP
cjal-3363	667	15	price	price	NOUN
cjal-3363	667	16	regulation	regulation	NOUN
cjal-3363	667	17	on	on	ADP
cjal-3363	667	18	private	private	ADJ
cjal-3363	667	19	investment	investment	NOUN
cjal-3363	667	20	,	,	PUNCT
cjal-3363	667	21	i	i	PRON
cjal-3363	667	22	have	have	AUX
cjal-3363	667	23	conducted	conduct	VERB
cjal-3363	667	24	a	a	DET
cjal-3363	667	25	statistical	statistical	ADJ
cjal-3363	667	26	study	study	NOUN
cjal-3363	667	27	using	use	VERB
cjal-3363	667	28	data	datum	NOUN
cjal-3363	667	29	in	in	ADP
cjal-3363	667	30	different	different	ADJ
cjal-3363	667	31	cities	city	NOUN
cjal-3363	667	32	.	.	PUNCT
cjal-3363	668	1	the	the	DET
cjal-3363	668	2	data	datum	NOUN
cjal-3363	668	3	used	use	VERB
cjal-3363	668	4	in	in	ADP
cjal-3363	668	5	this	this	DET
cjal-3363	668	6	study	study	NOUN
cjal-3363	668	7	come	come	VERB
cjal-3363	668	8	from	from	ADP
cjal-3363	668	9	the	the	DET
cjal-3363	668	10	chinese	chinese	ADJ
cjal-3363	668	11	national	national	ADJ
cjal-3363	668	12	sizable	sizable	ADJ
cjal-3363	668	13	industrial	industrial	ADJ
cjal-3363	668	14	enterprise	enterprise	NOUN
cjal-3363	668	15	dataset.152	dataset.152	NOUN
cjal-3363	668	16	the	the	DET
cjal-3363	668	17	dataset	dataset	NOUN
cjal-3363	668	18	includes	include	VERB
cjal-3363	668	19	all	all	DET
cjal-3363	668	20	industrial	industrial	ADJ
cjal-3363	668	21	enterprises	enterprise	NOUN
cjal-3363	668	22	that	that	PRON
cjal-3363	668	23	149	149	NUM
cjal-3363	668	24	see	see	VERB
cjal-3363	668	25	chengshi	chengshi	PROPN
cjal-3363	668	26	gongshui	gongshui	PROPN
cjal-3363	668	27	jiage	jiage	PROPN
cjal-3363	668	28	guanli	guanli	PROPN
cjal-3363	668	29	banfa	banfa	NOUN
cjal-3363	668	30	,	,	PUNCT
cjal-3363	668	31	supra	supra	PROPN
cjal-3363	668	32	note	note	NOUN
cjal-3363	668	33	137	137	NUM
cjal-3363	668	34	,	,	PUNCT
cjal-3363	668	35	art	art	NOUN
cjal-3363	668	36	.	.	PUNCT
cjal-3363	669	1	24	24	NUM
cjal-3363	669	2	.	.	X
cjal-3363	669	3	150	150	NUM
cjal-3363	669	4	fu	fu	PROPN
cjal-3363	669	5	tao	tao	PROPN
cjal-3363	669	6	,	,	PUNCT
cjal-3363	669	7	supra	supra	PROPN
cjal-3363	669	8	note	note	PROPN
cjal-3363	669	9	142	142	NUM
cjal-3363	669	10	,	,	PUNCT
cjal-3363	669	11	at	at	ADP
cjal-3363	669	12	21	21	NUM
cjal-3363	669	13	.	.	PUNCT
cjal-3363	670	1	wu	wu	PROPN
cjal-3363	670	2	nan(吴楠	nan(吴楠	PROPN
cjal-3363	670	3	)	)	PUNCT
cjal-3363	670	4	,	,	PUNCT
cjal-3363	670	5	duodi	duodi	PROPN
cjal-3363	670	6	kai	kai	PROPN
cjal-3363	670	7	tingzhenghui	tingzhenghui	PROPN
cjal-3363	670	8	ni	ni	PROPN
cjal-3363	670	9	tigao	tigao	PROPN
cjal-3363	670	10	shuijia	shuijia	PROPN
cjal-3363	670	11	di	di	PROPN
cjal-3363	670	12	shuijia	shuijia	PROPN
cjal-3363	670	13	bei	bei	PROPN
cjal-3363	670	14	zhi	zhi	PROPN
cjal-3363	670	15	zai	zai	PROPN
cjal-3363	670	16	butie	butie	PROPN
cjal-3363	671	1	furen(多地开听证会拟提高水价	furen(多地开听证会拟提高水价	PROPN
cjal-3363	671	2	低水价被指在补贴富人)[public	低水价被指在补贴富人)[public	PROPN
cjal-3363	671	3	hearings	hearing	NOUN
cjal-3363	671	4	are	be	AUX
cjal-3363	671	5	to	to	PART
cjal-3363	671	6	be	be	AUX
cjal-3363	671	7	convened	convene	VERB
cjal-3363	671	8	in	in	ADP
cjal-3363	671	9	many	many	ADJ
cjal-3363	671	10	cities	city	NOUN
cjal-3363	671	11	to	to	PART
cjal-3363	671	12	raise	raise	VERB
cjal-3363	671	13	water	water	NOUN
cjal-3363	671	14	tariffs	tariff	NOUN
cjal-3363	671	15	,	,	PUNCT
cjal-3363	671	16	low	low	ADJ
cjal-3363	671	17	water	water	NOUN
cjal-3363	671	18	tariffs	tariff	NOUN
cjal-3363	671	19	are	be	AUX
cjal-3363	671	20	subsidizing	subsidize	VERB
cjal-3363	671	21	the	the	DET
cjal-3363	671	22	rich	rich	ADJ
cjal-3363	671	23	]	]	X
cjal-3363	671	24	,	,	PUNCT
cjal-3363	671	25	beijing	beijing	PROPN
cjal-3363	671	26	wanbao(北京晚报)[beijing	wanbao(北京晚报)[beije	VERB
cjal-3363	671	27	evening	evening	NOUN
cjal-3363	671	28	]	]	PUNCT
cjal-3363	671	29	,	,	PUNCT
cjal-3363	671	30	may	may	AUX
cjal-3363	671	31	7	7	NUM
cjal-3363	671	32	,	,	PUNCT
cjal-3363	671	33	2013	2013	NUM
cjal-3363	671	34	,	,	PUNCT
cjal-3363	671	35	http://finance.sina.com.cn/china/20130507/165515377126.shtml	http://finance.sina.com.cn/china/20130507/165515377126.shtml	NUM
cjal-3363	671	36	.	.	PUNCT
cjal-3363	672	1	151	151	NUM
cjal-3363	672	2	local	local	ADJ
cjal-3363	672	3	governments	government	NOUN
cjal-3363	672	4	may	may	AUX
cjal-3363	672	5	be	be	AUX
cjal-3363	672	6	reluctant	reluctant	ADJ
cjal-3363	672	7	to	to	PART
cjal-3363	672	8	subsidize	subsidize	VERB
cjal-3363	672	9	private	private	ADJ
cjal-3363	672	10	investors	investor	NOUN
cjal-3363	672	11	for	for	ADP
cjal-3363	672	12	losses	loss	NOUN
cjal-3363	672	13	,	,	PUNCT
cjal-3363	672	14	either	either	CCONJ
cjal-3363	672	15	because	because	SCONJ
cjal-3363	672	16	they	they	PRON
cjal-3363	672	17	want	want	VERB
cjal-3363	672	18	to	to	PART
cjal-3363	672	19	externalize	externalize	VERB
cjal-3363	672	20	the	the	DET
cjal-3363	672	21	costs	cost	NOUN
cjal-3363	672	22	to	to	ADP
cjal-3363	672	23	them	they	PRON
cjal-3363	672	24	or	or	CCONJ
cjal-3363	672	25	because	because	SCONJ
cjal-3363	672	26	the	the	DET
cjal-3363	672	27	costs	cost	NOUN
cjal-3363	672	28	of	of	ADP
cjal-3363	672	29	subsidizing	subsidize	VERB
cjal-3363	672	30	soes	soe	NOUN
cjal-3363	672	31	are	be	AUX
cjal-3363	672	32	much	much	ADV
cjal-3363	672	33	lower	low	ADJ
cjal-3363	672	34	than	than	ADP
cjal-3363	672	35	that	that	PRON
cjal-3363	672	36	of	of	ADP
cjal-3363	672	37	subsidizing	subsidize	VERB
cjal-3363	672	38	private	private	ADJ
cjal-3363	672	39	enterprises	enterprise	NOUN
cjal-3363	672	40	since	since	SCONJ
cjal-3363	672	41	local	local	ADJ
cjal-3363	672	42	governments	government	NOUN
cjal-3363	672	43	have	have	VERB
cjal-3363	672	44	less	less	ADJ
cjal-3363	672	45	control	control	NOUN
cjal-3363	672	46	over	over	ADP
cjal-3363	672	47	how	how	SCONJ
cjal-3363	672	48	they	they	PRON
cjal-3363	672	49	spend	spend	VERB
cjal-3363	672	50	the	the	DET
cjal-3363	672	51	money	money	NOUN
cjal-3363	672	52	and	and	CCONJ
cjal-3363	672	53	also	also	ADV
cjal-3363	672	54	less	less	ADJ
cjal-3363	672	55	information	information	NOUN
cjal-3363	672	56	about	about	ADP
cjal-3363	672	57	private	private	ADJ
cjal-3363	672	58	enterprises	enterprise	NOUN
cjal-3363	672	59	.	.	PUNCT
cjal-3363	673	1	152	152	NUM
cjal-3363	673	2	this	this	DET
cjal-3363	673	3	dataset	dataset	NOUN
cjal-3363	673	4	has	have	AUX
cjal-3363	673	5	been	be	AUX
cjal-3363	673	6	used	use	VERB
cjal-3363	673	7	in	in	ADP
cjal-3363	673	8	many	many	ADJ
cjal-3363	673	9	previous	previous	ADJ
cjal-3363	673	10	studies	study	NOUN
cjal-3363	673	11	.	.	PUNCT
cjal-3363	674	1	see	see	VERB
cjal-3363	674	2	e.g.	e.g.	ADV
cjal-3363	674	3	,	,	PUNCT
cjal-3363	674	4	albert	albert	PROPN
cjal-3363	674	5	g.	g.	PROPN
cjal-3363	674	6	z.	z.	PROPN
cjal-3363	674	7	hu	hu	PROPN
cjal-3363	674	8	,	,	PUNCT
cjal-3363	674	9	gary	gary	PROPN
cjal-3363	674	10	h.	h.	PROPN
cjal-3363	674	11	jefferson	jefferson	PROPN
cjal-3363	674	12	,	,	PUNCT
cjal-3363	674	13	&	&	CCONJ
cjal-3363	674	14	qian	qian	PROPN
cjal-3363	674	15	jinchang	jinchang	PROPN
cjal-3363	674	16	,	,	PUNCT
cjal-3363	674	17	r&d	r&d	NOUN
cjal-3363	674	18	and	and	CCONJ
cjal-3363	674	19	technology	technology	NOUN
cjal-3363	674	20	transfer	transfer	NOUN
cjal-3363	674	21	:	:	PUNCT
cjal-3363	674	22	firm	firm	ADJ
cjal-3363	674	23	-	-	PUNCT
cjal-3363	674	24	level	level	NOUN
cjal-3363	674	25	evidence	evidence	NOUN
cjal-3363	674	26	from	from	ADP
cjal-3363	674	27	chinese	chinese	ADJ
cjal-3363	674	28	industry	industry	NOUN
cjal-3363	674	29	,	,	PUNCT
cjal-3363	674	30	87	87	NUM
cjal-3363	674	31	r.	r.	PROPN
cjal-3363	674	32	econ	econ	PROPN
cjal-3363	674	33	.	.	PUNCT
cjal-3363	675	1	&	&	CCONJ
cjal-3363	675	2	statistics	statistic	NOUN
cjal-3363	675	3	780	780	NUM
cjal-3363	675	4	(	(	PUNCT
cjal-3363	675	5	2005	2005	NUM
cjal-3363	675	6	)	)	PUNCT
cjal-3363	676	1	;	;	PUNCT
cjal-3363	676	2	hongbin	hongbin	PROPN
cjal-3363	676	3	cai	cai	PROPN
cjal-3363	676	4	&	&	CCONJ
cjal-3363	676	5	qiao	qiao	PROPN
cjal-3363	676	6	liu	liu	PROPN
cjal-3363	676	7	,	,	PUNCT
cjal-3363	676	8	competition	competition	NOUN
cjal-3363	676	9	and	and	CCONJ
cjal-3363	676	10	corporate	corporate	ADJ
cjal-3363	676	11	tax	tax	NOUN
cjal-3363	676	12	avoidance	avoidance	NOUN
cjal-3363	676	13	:	:	PUNCT
cjal-3363	676	14	evidence	evidence	NOUN
cjal-3363	676	15	from	from	ADP
cjal-3363	676	16	chinese	chinese	PROPN
cjal-3363	676	17	industrial	industrial	PROPN
cjal-3363	676	18	columbia	columbia	PROPN
cjal-3363	676	19	journal	journal	PROPN
cjal-3363	676	20	of	of	ADP
cjal-3363	676	21	asian	asian	ADJ
cjal-3363	676	22	law	law	NOUN
cjal-3363	677	1	[	[	X
cjal-3363	677	2	vol	vol	NOUN
cjal-3363	677	3	.	.	PUNCT
cjal-3363	678	1	31:1	31:1	NUM
cjal-3363	678	2	36	36	NUM
cjal-3363	678	3	have	have	VERB
cjal-3363	678	4	revenue	revenue	NOUN
cjal-3363	678	5	of	of	ADP
cjal-3363	678	6	over	over	ADP
cjal-3363	678	7	5	5	NUM
cjal-3363	678	8	million	million	NUM
cjal-3363	678	9	rmb	rmb	NOUN
cjal-3363	678	10	and	and	CCONJ
cjal-3363	678	11	all	all	DET
cjal-3363	678	12	soes	soe	NOUN
cjal-3363	678	13	regardless	regardless	ADV
cjal-3363	678	14	of	of	ADP
cjal-3363	678	15	their	their	PRON
cjal-3363	678	16	size	size	NOUN
cjal-3363	678	17	from	from	ADP
cjal-3363	678	18	2005	2005	NUM
cjal-3363	678	19	to	to	ADP
cjal-3363	678	20	2006	2006	NUM
cjal-3363	678	21	,	,	PUNCT
cjal-3363	678	22	all	all	DET
cjal-3363	678	23	industrial	industrial	ADJ
cjal-3363	678	24	enterprises	enterprise	NOUN
cjal-3363	678	25	with	with	ADP
cjal-3363	678	26	revenue	revenue	NOUN
cjal-3363	678	27	of	of	ADP
cjal-3363	678	28	over	over	ADP
cjal-3363	678	29	5	5	NUM
cjal-3363	678	30	million	million	NUM
cjal-3363	678	31	rmb	rmb	NOUN
cjal-3363	678	32	(	(	PUNCT
cjal-3363	678	33	including	include	VERB
cjal-3363	678	34	soes	soe	NOUN
cjal-3363	678	35	and	and	CCONJ
cjal-3363	678	36	private	private	ADJ
cjal-3363	678	37	enterprises	enterprise	NOUN
cjal-3363	678	38	)	)	PUNCT
cjal-3363	678	39	from	from	ADP
cjal-3363	678	40	2007	2007	NUM
cjal-3363	678	41	to	to	ADP
cjal-3363	678	42	2010	2010	NUM
cjal-3363	678	43	,	,	PUNCT
cjal-3363	678	44	and	and	CCONJ
cjal-3363	678	45	all	all	DET
cjal-3363	678	46	industrial	industrial	ADJ
cjal-3363	678	47	enterprises	enterprise	NOUN
cjal-3363	678	48	with	with	ADP
cjal-3363	678	49	revenue	revenue	NOUN
cjal-3363	678	50	of	of	ADP
cjal-3363	678	51	over	over	ADP
cjal-3363	678	52	20	20	NUM
cjal-3363	678	53	million	million	NUM
cjal-3363	678	54	rmb	rmb	NOUN
cjal-3363	678	55	from	from	ADP
cjal-3363	678	56	2011	2011	NUM
cjal-3363	678	57	to	to	ADP
cjal-3363	678	58	2012	2012	NUM
cjal-3363	678	59	.	.	PUNCT
cjal-3363	679	1	the	the	DET
cjal-3363	679	2	difference	difference	NOUN
cjal-3363	679	3	in	in	ADP
cjal-3363	679	4	selection	selection	NOUN
cjal-3363	679	5	criteria	criterion	NOUN
cjal-3363	679	6	may	may	AUX
cjal-3363	679	7	cause	cause	VERB
cjal-3363	679	8	a	a	DET
cjal-3363	679	9	problem	problem	NOUN
cjal-3363	679	10	for	for	ADP
cjal-3363	679	11	the	the	DET
cjal-3363	679	12	study	study	NOUN
cjal-3363	679	13	because	because	SCONJ
cjal-3363	679	14	after	after	ADP
cjal-3363	679	15	2011	2011	NUM
cjal-3363	679	16	,	,	PUNCT
cjal-3363	679	17	the	the	DET
cjal-3363	679	18	percentage	percentage	NOUN
cjal-3363	679	19	of	of	ADP
cjal-3363	679	20	soes	soe	NOUN
cjal-3363	679	21	may	may	AUX
cjal-3363	679	22	become	become	VERB
cjal-3363	679	23	larger	large	ADJ
cjal-3363	679	24	in	in	ADP
cjal-3363	679	25	some	some	DET
cjal-3363	679	26	cities	city	NOUN
cjal-3363	679	27	relative	relative	ADJ
cjal-3363	679	28	to	to	ADP
cjal-3363	679	29	others	other	NOUN
cjal-3363	679	30	,	,	PUNCT
cjal-3363	679	31	depending	depend	VERB
cjal-3363	679	32	on	on	ADP
cjal-3363	679	33	the	the	DET
cjal-3363	679	34	size	size	NOUN
cjal-3363	679	35	of	of	ADP
cjal-3363	679	36	the	the	DET
cjal-3363	679	37	private	private	ADJ
cjal-3363	679	38	enterprises	enterprise	NOUN
cjal-3363	679	39	and	and	CCONJ
cjal-3363	679	40	soes	soe	NOUN
cjal-3363	679	41	.	.	PUNCT
cjal-3363	680	1	to	to	PART
cjal-3363	680	2	resolve	resolve	VERB
cjal-3363	680	3	this	this	DET
cjal-3363	680	4	problem	problem	NOUN
cjal-3363	680	5	,	,	PUNCT
cjal-3363	680	6	i	i	PRON
cjal-3363	680	7	thus	thus	ADV
cjal-3363	680	8	excluded	exclude	VERB
cjal-3363	680	9	all	all	DET
cjal-3363	680	10	enterprises	enterprise	NOUN
cjal-3363	680	11	in	in	ADP
cjal-3363	680	12	the	the	DET
cjal-3363	680	13	dataset	dataset	NOUN
cjal-3363	680	14	with	with	ADP
cjal-3363	680	15	revenue	revenue	NOUN
cjal-3363	680	16	below	below	ADP
cjal-3363	680	17	20	20	NUM
cjal-3363	680	18	million	million	NUM
cjal-3363	680	19	rmb	rmb	NOUN
cjal-3363	680	20	.	.	PUNCT
cjal-3363	681	1	water	water	NOUN
cjal-3363	681	2	tariffs	tariff	NOUN
cjal-3363	681	3	usually	usually	ADV
cjal-3363	681	4	include	include	VERB
cjal-3363	681	5	tariffs	tariff	NOUN
cjal-3363	681	6	for	for	ADP
cjal-3363	681	7	residential	residential	ADJ
cjal-3363	681	8	,	,	PUNCT
cjal-3363	681	9	industrial	industrial	ADJ
cjal-3363	681	10	and	and	CCONJ
cjal-3363	681	11	business	business	NOUN
cjal-3363	681	12	uses	use	NOUN
cjal-3363	681	13	.	.	PUNCT
cjal-3363	682	1	i	i	PRON
cjal-3363	682	2	used	use	VERB
cjal-3363	682	3	the	the	DET
cjal-3363	682	4	water	water	NOUN
cjal-3363	682	5	tariffs	tariff	NOUN
cjal-3363	682	6	for	for	ADP
cjal-3363	682	7	residential	residential	ADJ
cjal-3363	682	8	use	use	NOUN
cjal-3363	682	9	and	and	CCONJ
cjal-3363	682	10	industrial	industrial	ADJ
cjal-3363	682	11	use	use	NOUN
cjal-3363	682	12	in	in	ADP
cjal-3363	682	13	36	36	NUM
cjal-3363	682	14	cities	city	NOUN
cjal-3363	682	15	in	in	ADP
cjal-3363	682	16	this	this	PRON
cjal-3363	682	17	study.153	study.153	VERB
cjal-3363	682	18	the	the	DET
cjal-3363	682	19	36	36	NUM
cjal-3363	682	20	cities	city	NOUN
cjal-3363	682	21	include	include	VERB
cjal-3363	682	22	the	the	DET
cjal-3363	682	23	four	four	NUM
cjal-3363	682	24	municipalities	municipality	NOUN
cjal-3363	682	25	,	,	PUNCT
cjal-3363	682	26	27	27	NUM
cjal-3363	682	27	provincial	provincial	ADJ
cjal-3363	682	28	capitals	capital	NOUN
cjal-3363	682	29	,	,	PUNCT
cjal-3363	682	30	and	and	CCONJ
cjal-3363	682	31	five	five	NUM
cjal-3363	682	32	major	major	ADJ
cjal-3363	682	33	cities	city	NOUN
cjal-3363	682	34	that	that	PRON
cjal-3363	682	35	enjoy	enjoy	VERB
cjal-3363	682	36	provincial	provincial	ADJ
cjal-3363	682	37	-	-	PUNCT
cjal-3363	682	38	level	level	NOUN
cjal-3363	682	39	status	status	NOUN
cjal-3363	682	40	:	:	PUNCT
cjal-3363	682	41	shenzhen	shenzhen	PROPN
cjal-3363	682	42	,	,	PUNCT
cjal-3363	682	43	qingdao	qingdao	PROPN
cjal-3363	682	44	,	,	PUNCT
cjal-3363	682	45	xiamen	xiamen	PROPN
cjal-3363	682	46	,	,	PUNCT
cjal-3363	682	47	dalian	dalian	PROPN
cjal-3363	682	48	,	,	PUNCT
cjal-3363	682	49	and	and	CCONJ
cjal-3363	682	50	ningbo	ningbo	PROPN
cjal-3363	682	51	.	.	PUNCT
cjal-3363	683	1	i	i	PRON
cjal-3363	683	2	used	use	VERB
cjal-3363	683	3	two	two	NUM
cjal-3363	683	4	measurements	measurement	NOUN
cjal-3363	683	5	for	for	ADP
cjal-3363	683	6	the	the	DET
cjal-3363	683	7	influence	influence	NOUN
cjal-3363	683	8	of	of	ADP
cjal-3363	683	9	state	state	NOUN
cjal-3363	683	10	ownership	ownership	NOUN
cjal-3363	683	11	in	in	ADP
cjal-3363	683	12	a	a	DET
cjal-3363	683	13	given	give	VERB
cjal-3363	683	14	city	city	NOUN
cjal-3363	683	15	:	:	PUNCT
cjal-3363	683	16	(	(	PUNCT
cjal-3363	683	17	1	1	X
cjal-3363	683	18	)	)	PUNCT
cjal-3363	683	19	the	the	DET
cjal-3363	683	20	ratio	ratio	NOUN
cjal-3363	683	21	of	of	ADP
cjal-3363	683	22	the	the	DET
cjal-3363	683	23	aggregate	aggregate	ADJ
cjal-3363	683	24	capital	capital	NOUN
cjal-3363	683	25	investment	investment	NOUN
cjal-3363	683	26	by	by	ADP
cjal-3363	683	27	the	the	DET
cjal-3363	683	28	government	government	NOUN
cjal-3363	683	29	to	to	ADP
cjal-3363	683	30	the	the	DET
cjal-3363	683	31	aggregate	aggregate	ADJ
cjal-3363	683	32	capital	capital	NOUN
cjal-3363	683	33	investment	investment	NOUN
cjal-3363	683	34	from	from	ADP
cjal-3363	683	35	all	all	DET
cjal-3363	683	36	sources	source	NOUN
cjal-3363	683	37	in	in	ADP
cjal-3363	683	38	such	such	ADJ
cjal-3363	683	39	city	city	NOUN
cjal-3363	683	40	in	in	ADP
cjal-3363	683	41	water	water	NOUN
cjal-3363	683	42	utilities	utility	NOUN
cjal-3363	683	43	;	;	PUNCT
cjal-3363	683	44	and	and	CCONJ
cjal-3363	683	45	(	(	PUNCT
cjal-3363	683	46	2	2	X
cjal-3363	683	47	)	)	PUNCT
cjal-3363	683	48	the	the	DET
cjal-3363	683	49	ratio	ratio	NOUN
cjal-3363	683	50	of	of	ADP
cjal-3363	683	51	the	the	DET
cjal-3363	683	52	aggregated	aggregate	VERB
cjal-3363	683	53	revenue	revenue	NOUN
cjal-3363	683	54	collected	collect	VERB
cjal-3363	683	55	by	by	ADP
cjal-3363	683	56	soes	soe	NOUN
cjal-3363	683	57	to	to	ADP
cjal-3363	683	58	the	the	DET
cjal-3363	683	59	aggregated	aggregate	VERB
cjal-3363	683	60	revenue	revenue	NOUN
cjal-3363	683	61	collected	collect	VERB
cjal-3363	683	62	by	by	ADP
cjal-3363	683	63	all	all	DET
cjal-3363	683	64	enterprises	enterprise	NOUN
cjal-3363	683	65	in	in	ADP
cjal-3363	683	66	such	such	ADJ
cjal-3363	683	67	city	city	NOUN
cjal-3363	683	68	.	.	PUNCT
cjal-3363	684	1	i	i	PRON
cjal-3363	684	2	used	use	VERB
cjal-3363	684	3	two	two	NUM
cjal-3363	684	4	steps	step	NOUN
cjal-3363	684	5	to	to	PART
cjal-3363	684	6	calculate	calculate	VERB
cjal-3363	684	7	the	the	DET
cjal-3363	684	8	percentage	percentage	NOUN
cjal-3363	684	9	of	of	ADP
cjal-3363	684	10	capital	capital	NOUN
cjal-3363	684	11	investment	investment	NOUN
cjal-3363	684	12	by	by	ADP
cjal-3363	684	13	the	the	DET
cjal-3363	684	14	government	government	NOUN
cjal-3363	684	15	.	.	PUNCT
cjal-3363	685	1	first	first	ADV
cjal-3363	685	2	,	,	PUNCT
cjal-3363	685	3	i	i	PRON
cjal-3363	685	4	took	take	VERB
cjal-3363	685	5	the	the	DET
cjal-3363	685	6	variable	variable	NOUN
cjal-3363	685	7	of	of	ADP
cjal-3363	685	8	the	the	DET
cjal-3363	685	9	governments	government	NOUN
cjal-3363	685	10	’	’	PART
cjal-3363	685	11	capital	capital	NOUN
cjal-3363	685	12	investment	investment	NOUN
cjal-3363	685	13	provided	provide	VERB
cjal-3363	685	14	in	in	ADP
cjal-3363	685	15	the	the	DET
cjal-3363	685	16	dataset	dataset	NOUN
cjal-3363	685	17	and	and	CCONJ
cjal-3363	685	18	divided	divide	VERB
cjal-3363	685	19	it	it	PRON
cjal-3363	685	20	by	by	ADP
cjal-3363	685	21	the	the	DET
cjal-3363	685	22	total	total	ADJ
cjal-3363	685	23	capital	capital	NOUN
cjal-3363	685	24	investment	investment	NOUN
cjal-3363	685	25	.	.	PUNCT
cjal-3363	686	1	second	second	ADJ
cjal-3363	686	2	,	,	PUNCT
cjal-3363	686	3	since	since	SCONJ
cjal-3363	686	4	the	the	DET
cjal-3363	686	5	capital	capital	NOUN
cjal-3363	686	6	investment	investment	NOUN
cjal-3363	686	7	of	of	ADP
cjal-3363	686	8	some	some	DET
cjal-3363	686	9	enterprises	enterprise	NOUN
cjal-3363	686	10	comes	come	VERB
cjal-3363	686	11	from	from	ADP
cjal-3363	686	12	corporations	corporation	NOUN
cjal-3363	686	13	whose	whose	DET
cjal-3363	686	14	owners	owner	NOUN
cjal-3363	686	15	are	be	AUX
cjal-3363	686	16	unknown	unknown	ADJ
cjal-3363	686	17	and	and	CCONJ
cjal-3363	686	18	can	can	AUX
cjal-3363	686	19	be	be	AUX
cjal-3363	686	20	government	government	NOUN
cjal-3363	686	21	owned	own	VERB
cjal-3363	686	22	,	,	PUNCT
cjal-3363	686	23	i	i	PRON
cjal-3363	686	24	treated	treat	VERB
cjal-3363	686	25	the	the	DET
cjal-3363	686	26	corporate	corporate	ADJ
cjal-3363	686	27	investment	investment	NOUN
cjal-3363	686	28	as	as	ADP
cjal-3363	686	29	a	a	DET
cjal-3363	686	30	state	state	NOUN
cjal-3363	686	31	investment	investment	NOUN
cjal-3363	686	32	if	if	SCONJ
cjal-3363	686	33	the	the	DET
cjal-3363	686	34	water	water	NOUN
cjal-3363	686	35	utility	utility	NOUN
cjal-3363	686	36	company	company	NOUN
cjal-3363	686	37	reports	report	VERB
cjal-3363	686	38	to	to	PART
cjal-3363	686	39	be	be	AUX
cjal-3363	686	40	controlled	control	VERB
cjal-3363	686	41	by	by	ADP
cjal-3363	686	42	the	the	DET
cjal-3363	686	43	state	state	NOUN
cjal-3363	686	44	,	,	PUNCT
cjal-3363	686	45	but	but	CCONJ
cjal-3363	686	46	the	the	DET
cjal-3363	686	47	state	state	NOUN
cjal-3363	686	48	’s	’s	PART
cjal-3363	686	49	capital	capital	NOUN
cjal-3363	686	50	investment	investment	NOUN
cjal-3363	686	51	does	do	AUX
cjal-3363	686	52	not	not	PART
cjal-3363	686	53	exceed	exceed	VERB
cjal-3363	686	54	half	half	NOUN
cjal-3363	686	55	of	of	ADP
cjal-3363	686	56	its	its	PRON
cjal-3363	686	57	paid	pay	VERB
cjal-3363	686	58	-	-	PUNCT
cjal-3363	686	59	in	in	ADP
cjal-3363	686	60	capital	capital	NOUN
cjal-3363	686	61	.	.	PUNCT
cjal-3363	687	1	for	for	ADP
cjal-3363	687	2	the	the	DET
cjal-3363	687	3	purpose	purpose	NOUN
cjal-3363	687	4	of	of	ADP
cjal-3363	687	5	calculating	calculate	VERB
cjal-3363	687	6	revenue	revenue	NOUN
cjal-3363	687	7	,	,	PUNCT
cjal-3363	687	8	i	i	PRON
cjal-3363	687	9	treated	treat	VERB
cjal-3363	687	10	an	an	DET
cjal-3363	687	11	enterprise	enterprise	NOUN
cjal-3363	687	12	as	as	ADP
cjal-3363	687	13	a	a	DET
cjal-3363	687	14	state	state	NOUN
cjal-3363	687	15	enterprise	enterprise	NOUN
cjal-3363	687	16	if	if	SCONJ
cjal-3363	687	17	the	the	DET
cjal-3363	687	18	capital	capital	NOUN
cjal-3363	687	19	investment	investment	NOUN
cjal-3363	687	20	from	from	ADP
cjal-3363	687	21	the	the	DET
cjal-3363	687	22	government	government	NOUN
cjal-3363	687	23	is	be	AUX
cjal-3363	687	24	100	100	NUM
cjal-3363	687	25	%	%	NOUN
cjal-3363	687	26	of	of	ADP
cjal-3363	687	27	the	the	DET
cjal-3363	687	28	aggregate	aggregate	ADJ
cjal-3363	687	29	capital	capital	NOUN
cjal-3363	687	30	from	from	ADP
cjal-3363	687	31	all	all	DET
cjal-3363	687	32	sources	source	NOUN
cjal-3363	687	33	.	.	PUNCT
cjal-3363	688	1	i	i	PRON
cjal-3363	688	2	used	use	VERB
cjal-3363	688	3	100	100	NUM
cjal-3363	688	4	%	%	NOUN
cjal-3363	688	5	because	because	SCONJ
cjal-3363	688	6	if	if	SCONJ
cjal-3363	688	7	an	an	DET
cjal-3363	688	8	enterprise	enterprise	NOUN
cjal-3363	688	9	is	be	AUX
cjal-3363	688	10	partially	partially	ADV
cjal-3363	688	11	privatized	privatize	VERB
cjal-3363	688	12	,	,	PUNCT
cjal-3363	688	13	the	the	DET
cjal-3363	688	14	government	government	NOUN
cjal-3363	688	15	may	may	AUX
cjal-3363	688	16	still	still	ADV
cjal-3363	688	17	avoid	avoid	VERB
cjal-3363	688	18	adjusting	adjust	VERB
cjal-3363	688	19	water	water	NOUN
cjal-3363	688	20	tariffs	tariff	NOUN
cjal-3363	688	21	for	for	ADP
cjal-3363	688	22	fear	fear	NOUN
cjal-3363	688	23	of	of	ADP
cjal-3363	688	24	criticism	criticism	NOUN
cjal-3363	688	25	from	from	ADP
cjal-3363	688	26	the	the	DET
cjal-3363	688	27	public	public	NOUN
cjal-3363	688	28	and	and	CCONJ
cjal-3363	688	29	externalize	externalize	VERB
cjal-3363	688	30	the	the	DET
cjal-3363	688	31	costs	cost	NOUN
cjal-3363	688	32	to	to	ADP
cjal-3363	688	33	private	private	ADJ
cjal-3363	688	34	investors	investor	NOUN
cjal-3363	688	35	.	.	PUNCT
cjal-3363	689	1	it	it	PRON
cjal-3363	689	2	also	also	ADV
cjal-3363	689	3	has	have	VERB
cjal-3363	689	4	less	less	ADJ
cjal-3363	689	5	control	control	NOUN
cjal-3363	689	6	over	over	ADP
cjal-3363	689	7	the	the	DET
cjal-3363	689	8	water	water	NOUN
cjal-3363	689	9	utilities	utility	NOUN
cjal-3363	689	10	,	,	PUNCT
cjal-3363	689	11	and	and	CCONJ
cjal-3363	689	12	so	so	ADV
cjal-3363	689	13	the	the	DET
cjal-3363	689	14	governments	government	NOUN
cjal-3363	689	15	may	may	AUX
cjal-3363	689	16	feel	feel	VERB
cjal-3363	689	17	reluctant	reluctant	ADJ
cjal-3363	689	18	to	to	PART
cjal-3363	689	19	subsidize	subsidize	VERB
cjal-3363	689	20	the	the	DET
cjal-3363	689	21	enterprise	enterprise	NOUN
cjal-3363	689	22	.	.	PUNCT
cjal-3363	690	1	this	this	DET
cjal-3363	690	2	criterion	criterion	NOUN
cjal-3363	690	3	should	should	AUX
cjal-3363	690	4	have	have	VERB
cjal-3363	690	5	no	no	DET
cjal-3363	690	6	effect	effect	NOUN
cjal-3363	690	7	on	on	ADP
cjal-3363	690	8	the	the	DET
cjal-3363	690	9	calculation	calculation	NOUN
cjal-3363	690	10	of	of	ADP
cjal-3363	690	11	the	the	DET
cjal-3363	690	12	percentage	percentage	NOUN
cjal-3363	690	13	of	of	ADP
cjal-3363	690	14	capital	capital	NOUN
cjal-3363	690	15	firms	firm	NOUN
cjal-3363	690	16	,	,	PUNCT
cjal-3363	690	17	119	119	NUM
cjal-3363	690	18	econ	econ	NOUN
cjal-3363	690	19	.	.	PUNCT
cjal-3363	691	1	j.	j.	PROPN
cjal-3363	691	2	764	764	NUM
cjal-3363	691	3	(	(	PUNCT
cjal-3363	691	4	2009	2009	NUM
cjal-3363	691	5	)	)	PUNCT
cjal-3363	691	6	;	;	PUNCT
cjal-3363	691	7	gary	gary	PROPN
cjal-3363	691	8	h.	h.	PROPN
cjal-3363	691	9	jefferson	jefferson	PROPN
cjal-3363	691	10	,	,	PUNCT
cjal-3363	691	11	jian	jian	PROPN
cjal-3363	691	12	su	su	PROPN
cjal-3363	691	13	,	,	PUNCT
cjal-3363	691	14	privatization	privatization	NOUN
cjal-3363	691	15	and	and	CCONJ
cjal-3363	691	16	restructuring	restructuring	NOUN
cjal-3363	691	17	in	in	ADP
cjal-3363	691	18	china	china	PROPN
cjal-3363	691	19	:	:	PUNCT
cjal-3363	691	20	evidence	evidence	NOUN
cjal-3363	691	21	from	from	ADP
cjal-3363	691	22	shareholding	shareholding	NOUN
cjal-3363	691	23	ownership	ownership	NOUN
cjal-3363	691	24	,	,	PUNCT
cjal-3363	691	25	34	34	NUM
cjal-3363	691	26	j.	j.	PROPN
cjal-3363	691	27	comp	comp	PROPN
cjal-3363	691	28	.	.	PUNCT
cjal-3363	691	29	econ	econ	PROPN
cjal-3363	691	30	.	.	PUNCT
cjal-3363	692	1	146	146	NUM
cjal-3363	692	2	(	(	PUNCT
cjal-3363	692	3	2006	2006	NUM
cjal-3363	692	4	)	)	PUNCT
cjal-3363	692	5	.	.	PUNCT
cjal-3363	693	1	153	153	NUM
cjal-3363	693	2	the	the	DET
cjal-3363	693	3	database	database	NOUN
cjal-3363	693	4	of	of	ADP
cjal-3363	693	5	water	water	NOUN
cjal-3363	693	6	tariffs	tariff	NOUN
cjal-3363	693	7	for	for	ADP
cjal-3363	693	8	residential	residential	ADJ
cjal-3363	693	9	use	use	NOUN
cjal-3363	693	10	is	be	AUX
cjal-3363	693	11	developed	develop	VERB
cjal-3363	693	12	by	by	ADP
cjal-3363	693	13	sinofin	sinofin	NOUN
cjal-3363	693	14	information	information	NOUN
cjal-3363	693	15	services	service	NOUN
cjal-3363	693	16	.	.	PUNCT
cjal-3363	694	1	the	the	DET
cjal-3363	694	2	database	database	NOUN
cjal-3363	694	3	for	for	ADP
cjal-3363	694	4	water	water	NOUN
cjal-3363	694	5	tariffs	tariff	NOUN
cjal-3363	694	6	for	for	ADP
cjal-3363	694	7	industrial	industrial	ADJ
cjal-3363	694	8	use	use	NOUN
cjal-3363	694	9	is	be	AUX
cjal-3363	694	10	provided	provide	VERB
cjal-3363	694	11	by	by	ADP
cjal-3363	694	12	ceic	ceic	VERB
cjal-3363	694	13	china	china	PROPN
cjal-3363	694	14	premium	premium	PROPN
cjal-3363	694	15	database	database	NOUN
cjal-3363	694	16	.	.	PUNCT
cjal-3363	695	1	the	the	DET
cjal-3363	695	2	water	water	NOUN
cjal-3363	695	3	tariffs	tariff	NOUN
cjal-3363	695	4	are	be	AUX
cjal-3363	695	5	usually	usually	ADV
cjal-3363	695	6	adjusted	adjust	VERB
cjal-3363	695	7	together	together	ADV
cjal-3363	695	8	.	.	PUNCT
cjal-3363	696	1	2017	2017	NUM
cjal-3363	696	2	]	]	PUNCT
cjal-3363	696	3	state	state	NOUN
cjal-3363	696	4	ownership	ownership	NOUN
cjal-3363	696	5	and	and	CCONJ
cjal-3363	696	6	regulatory	regulatory	ADJ
cjal-3363	696	7	costs	cost	NOUN
cjal-3363	696	8	37	37	NUM
cjal-3363	696	9	contributed	contribute	VERB
cjal-3363	696	10	by	by	ADP
cjal-3363	696	11	governments	government	NOUN
cjal-3363	696	12	.	.	PUNCT
cjal-3363	697	1	the	the	DET
cjal-3363	697	2	independent	independent	ADJ
cjal-3363	697	3	variable	variable	NOUN
cjal-3363	697	4	in	in	ADP
cjal-3363	697	5	my	my	PRON
cjal-3363	697	6	study	study	NOUN
cjal-3363	697	7	is	be	AUX
cjal-3363	697	8	the	the	DET
cjal-3363	697	9	number	number	NOUN
cjal-3363	697	10	of	of	ADP
cjal-3363	697	11	times	time	NOUN
cjal-3363	697	12	a	a	DET
cjal-3363	697	13	city	city	NOUN
cjal-3363	697	14	had	have	AUX
cjal-3363	697	15	adjusted	adjust	VERB
cjal-3363	697	16	its	its	PRON
cjal-3363	697	17	water	water	NOUN
cjal-3363	697	18	tariffs	tariff	NOUN
cjal-3363	697	19	since	since	SCONJ
cjal-3363	697	20	january	january	PROPN
cjal-3363	697	21	2005	2005	NUM
cjal-3363	697	22	.	.	PUNCT
cjal-3363	698	1	given	give	VERB
cjal-3363	698	2	the	the	DET
cjal-3363	698	3	fact	fact	NOUN
cjal-3363	698	4	that	that	SCONJ
cjal-3363	698	5	the	the	DET
cjal-3363	698	6	costs	cost	NOUN
cjal-3363	698	7	of	of	ADP
cjal-3363	698	8	supplying	supply	VERB
cjal-3363	698	9	water	water	NOUN
cjal-3363	698	10	had	have	AUX
cjal-3363	698	11	risen	rise	VERB
cjal-3363	698	12	drastically	drastically	ADV
cjal-3363	698	13	from	from	ADP
cjal-3363	698	14	2005	2005	NUM
cjal-3363	698	15	to	to	ADP
cjal-3363	698	16	2012	2012	NUM
cjal-3363	698	17	,	,	PUNCT
cjal-3363	698	18	water	water	NOUN
cjal-3363	698	19	tariffs	tariff	NOUN
cjal-3363	698	20	needed	need	VERB
cjal-3363	698	21	to	to	PART
cjal-3363	698	22	be	be	AUX
cjal-3363	698	23	adjusted	adjust	VERB
cjal-3363	698	24	frequently	frequently	ADV
cjal-3363	698	25	to	to	PART
cjal-3363	698	26	reflect	reflect	VERB
cjal-3363	698	27	the	the	DET
cjal-3363	698	28	increase	increase	NOUN
cjal-3363	698	29	in	in	ADP
cjal-3363	698	30	costs	cost	NOUN
cjal-3363	698	31	.	.	PUNCT
cjal-3363	699	1	otherwise	otherwise	ADV
cjal-3363	699	2	the	the	DET
cjal-3363	699	3	water	water	NOUN
cjal-3363	699	4	utility	utility	NOUN
cjal-3363	699	5	companies	company	NOUN
cjal-3363	699	6	would	would	AUX
cjal-3363	699	7	have	have	AUX
cjal-3363	699	8	suffered	suffer	VERB
cjal-3363	699	9	significant	significant	ADJ
cjal-3363	699	10	losses	loss	NOUN
cjal-3363	699	11	.	.	PUNCT
cjal-3363	700	1	a	a	DET
cjal-3363	700	2	smaller	small	ADJ
cjal-3363	700	3	number	number	NOUN
cjal-3363	700	4	of	of	ADP
cjal-3363	700	5	adjustments	adjustment	NOUN
cjal-3363	700	6	of	of	ADP
cjal-3363	700	7	water	water	NOUN
cjal-3363	700	8	tariffs	tariff	NOUN
cjal-3363	700	9	indicates	indicate	VERB
cjal-3363	700	10	a	a	DET
cjal-3363	700	11	tendency	tendency	NOUN
cjal-3363	700	12	to	to	PART
cjal-3363	700	13	avoid	avoid	VERB
cjal-3363	700	14	using	use	VERB
cjal-3363	700	15	regulation	regulation	NOUN
cjal-3363	700	16	to	to	PART
cjal-3363	700	17	obtain	obtain	VERB
cjal-3363	700	18	political	political	ADJ
cjal-3363	700	19	benefits	benefit	NOUN
cjal-3363	700	20	,	,	PUNCT
cjal-3363	700	21	which	which	PRON
cjal-3363	700	22	may	may	AUX
cjal-3363	700	23	harm	harm	VERB
cjal-3363	700	24	the	the	DET
cjal-3363	700	25	financial	financial	ADJ
cjal-3363	700	26	interests	interest	NOUN
cjal-3363	700	27	of	of	ADP
cjal-3363	700	28	the	the	DET
cjal-3363	700	29	enterprises	enterprise	NOUN
cjal-3363	700	30	,	,	PUNCT
cjal-3363	700	31	discouraging	discourage	VERB
cjal-3363	700	32	private	private	ADJ
cjal-3363	700	33	investment	investment	NOUN
cjal-3363	700	34	in	in	ADP
cjal-3363	700	35	this	this	DET
cjal-3363	700	36	sector.154	sector.154	NOUN
cjal-3363	700	37	later	later	ADV
cjal-3363	700	38	in	in	ADP
cjal-3363	700	39	the	the	DET
cjal-3363	700	40	study	study	NOUN
cjal-3363	700	41	,	,	PUNCT
cjal-3363	700	42	i	i	PRON
cjal-3363	700	43	also	also	ADV
cjal-3363	700	44	examined	examine	VERB
cjal-3363	700	45	the	the	DET
cjal-3363	700	46	relationship	relationship	NOUN
cjal-3363	700	47	between	between	ADP
cjal-3363	700	48	the	the	DET
cjal-3363	700	49	proportion	proportion	NOUN
cjal-3363	700	50	of	of	ADP
cjal-3363	700	51	state	state	NOUN
cjal-3363	700	52	investment	investment	NOUN
cjal-3363	700	53	and	and	CCONJ
cjal-3363	700	54	the	the	DET
cjal-3363	700	55	size	size	NOUN
cjal-3363	700	56	of	of	ADP
cjal-3363	700	57	the	the	DET
cjal-3363	700	58	water	water	NOUN
cjal-3363	700	59	tariff	tariff	NOUN
cjal-3363	700	60	.	.	PUNCT
cjal-3363	701	1	a	a	DET
cjal-3363	701	2	summary	summary	NOUN
cjal-3363	701	3	of	of	ADP
cjal-3363	701	4	the	the	DET
cjal-3363	701	5	major	major	ADJ
cjal-3363	701	6	variables	variable	NOUN
cjal-3363	701	7	used	use	VERB
cjal-3363	701	8	in	in	ADP
cjal-3363	701	9	the	the	DET
cjal-3363	701	10	study	study	NOUN
cjal-3363	701	11	is	be	AUX
cjal-3363	701	12	listed	list	VERB
cjal-3363	701	13	below	below	ADV
cjal-3363	701	14	.	.	PUNCT
cjal-3363	702	1	table	table	NOUN
cjal-3363	702	2	2	2	NUM
cjal-3363	702	3	:	:	PUNCT
cjal-3363	702	4	summary	summary	NOUN
cjal-3363	702	5	of	of	ADP
cjal-3363	702	6	statistics	statistic	NOUN
cjal-3363	702	7	in	in	ADP
cjal-3363	702	8	different	different	ADJ
cjal-3363	702	9	cities	city	NOUN
cjal-3363	702	10	variable	variable	ADJ
cjal-3363	702	11	observation	observation	NOUN
cjal-3363	702	12	mean	mean	NOUN
cjal-3363	702	13	std	std	PROPN
cjal-3363	702	14	.	.	PROPN
cjal-3363	702	15	dev	dev	PROPN
cjal-3363	702	16	.	.	PUNCT
cjal-3363	703	1	min	min	PROPN
cjal-3363	703	2	max	max	PROPN
cjal-3363	703	3	gdp	gdp	PROPN
cjal-3363	703	4	per	per	ADP
cjal-3363	703	5	capita	capita	X
cjal-3363	703	6	198	198	NUM
cjal-3363	703	7	0.07	0.07	NUM
cjal-3363	703	8	0.07	0.07	NUM
cjal-3363	703	9	0.01	0.01	NUM
cjal-3363	703	10	0.45	0.45	NUM
cjal-3363	703	11	government	government	NOUN
cjal-3363	703	12	revenue	revenue	NOUN
cjal-3363	703	13	per	per	ADP
cjal-3363	703	14	capita	capita	X
cjal-3363	703	15	199	199	NUM
cjal-3363	703	16	6.82	6.82	NUM
cjal-3363	703	17	8.56	8.56	NUM
cjal-3363	703	18	0.52	0.52	NUM
cjal-3363	703	19	51.53	51.53	NUM
cjal-3363	703	20	population	population	NOUN
cjal-3363	703	21	200	200	NUM
cjal-3363	703	22	6455.55	6455.55	NUM
cjal-3363	703	23	4630.04	4630.04	NUM
cjal-3363	703	24	449.30	449.30	NUM
cjal-3363	703	25	33434.40	33434.40	NUM
cjal-3363	703	26	proportion	proportion	NOUN
cjal-3363	703	27	of	of	ADP
cjal-3363	703	28	state	state	NOUN
cjal-3363	703	29	capital	capital	NOUN
cjal-3363	703	30	investment	investment	NOUN
cjal-3363	703	31	213	213	NUM
cjal-3363	703	32	0.87	0.87	NUM
cjal-3363	703	33	0.23	0.23	NUM
cjal-3363	703	34	0	0	NUM
cjal-3363	703	35	1	1	NUM
cjal-3363	703	36	proportion	proportion	NOUN
cjal-3363	703	37	of	of	ADP
cjal-3363	703	38	soes	soe	NOUN
cjal-3363	703	39	’	'	PUNCT
cjal-3363	703	40	revenue	revenue	NOUN
cjal-3363	703	41	213	213	NUM
cjal-3363	703	42	0.77	0.77	NUM
cjal-3363	703	43	0.37	0.37	NUM
cjal-3363	703	44	0	0	NUM
cjal-3363	703	45	1	1	NUM
cjal-3363	703	46	number	number	NOUN
cjal-3363	703	47	of	of	ADP
cjal-3363	703	48	adjustments	adjustment	NOUN
cjal-3363	703	49	(	(	PUNCT
cjal-3363	703	50	residential	residential	ADJ
cjal-3363	703	51	)	)	PUNCT
cjal-3363	703	52	216	216	NUM
cjal-3363	703	53	1.43	1.43	NUM
cjal-3363	703	54	1.31	1.31	NUM
cjal-3363	703	55	0	0	NUM
cjal-3363	703	56	6	6	NUM
cjal-3363	703	57	number	number	NOUN
cjal-3363	703	58	of	of	ADP
cjal-3363	703	59	adjustments	adjustment	NOUN
cjal-3363	703	60	(	(	PUNCT
cjal-3363	703	61	industrial	industrial	ADJ
cjal-3363	703	62	)	)	PUNCT
cjal-3363	703	63	216	216	NUM
cjal-3363	703	64	1.70	1.70	NUM
cjal-3363	703	65	1.18	1.18	NUM
cjal-3363	703	66	0	0	NUM
cjal-3363	703	67	5	5	NUM
cjal-3363	703	68	increase	increase	NOUN
cjal-3363	703	69	in	in	ADP
cjal-3363	703	70	size	size	NOUN
cjal-3363	703	71	(	(	PUNCT
cjal-3363	703	72	residential	residential	ADJ
cjal-3363	703	73	)	)	PUNCT
cjal-3363	703	74	216	216	NUM
cjal-3363	703	75	1.28	1.28	NUM
cjal-3363	703	76	0.25	0.25	NUM
cjal-3363	703	77	1	1	NUM
cjal-3363	703	78	1.94	1.94	NUM
cjal-3363	703	79	increase	increase	NOUN
cjal-3363	703	80	in	in	ADP
cjal-3363	703	81	size	size	NOUN
cjal-3363	703	82	(	(	PUNCT
cjal-3363	703	83	industrial	industrial	ADJ
cjal-3363	703	84	)	)	PUNCT
cjal-3363	703	85	216	216	NUM
cjal-3363	703	86	1.60	1.60	NUM
cjal-3363	703	87	0.52	0.52	NUM
cjal-3363	703	88	1	1	NUM
cjal-3363	703	89	3.07	3.07	NUM
cjal-3363	703	90	to	to	PART
cjal-3363	703	91	examine	examine	VERB
cjal-3363	703	92	the	the	DET
cjal-3363	703	93	relationship	relationship	NOUN
cjal-3363	703	94	between	between	ADP
cjal-3363	703	95	state	state	NOUN
cjal-3363	703	96	ownership	ownership	NOUN
cjal-3363	703	97	and	and	CCONJ
cjal-3363	703	98	regulation	regulation	NOUN
cjal-3363	703	99	,	,	PUNCT
cjal-3363	703	100	i	i	PRON
cjal-3363	703	101	conducted	conduct	VERB
cjal-3363	703	102	a	a	DET
cjal-3363	703	103	regression	regression	NOUN
cjal-3363	703	104	analysis	analysis	NOUN
cjal-3363	703	105	with	with	ADP
cjal-3363	703	106	fixed	fix	VERB
cjal-3363	703	107	effects	effect	NOUN
cjal-3363	703	108	and	and	CCONJ
cjal-3363	703	109	random	random	ADJ
cjal-3363	703	110	effects	effect	NOUN
cjal-3363	703	111	models	model	NOUN
cjal-3363	703	112	using	use	VERB
cjal-3363	703	113	a	a	DET
cjal-3363	703	114	time	time	NOUN
cjal-3363	703	115	series	series	NOUN
cjal-3363	703	116	cross	cross	ADJ
cjal-3363	703	117	-	-	ADJ
cjal-3363	703	118	sectional	sectional	ADJ
cjal-3363	703	119	data	datum	NOUN
cjal-3363	703	120	.	.	PUNCT
cjal-3363	704	1	the	the	DET
cjal-3363	704	2	model	model	NOUN
cjal-3363	704	3	is	be	AUX
cjal-3363	704	4	specified	specify	VERB
cjal-3363	704	5	as	as	SCONJ
cjal-3363	704	6	follows	follow	VERB
cjal-3363	704	7	:	:	PUNCT
cjal-3363	704	8	state	state	NOUN
cjal-3363	704	9	ownershipy	ownershipy	NOUN
cjal-3363	704	10	,	,	PUNCT
cjal-3363	704	11	i	i	PRON
cjal-3363	704	12	=	=	PUNCT
cjal-3363	704	13	βadjustmenty	βadjustmenty	PROPN
cjal-3363	704	14	,	,	PUNCT
cjal-3363	704	15	i	i	PRON
cjal-3363	704	16	+	+	NUM
cjal-3363	704	17	θy+	θy+	NOUN
cjal-3363	704	18	λi	λi	X
cjal-3363	704	19	+	+	X
cjal-3363	704	20	χy	χy	NOUN
cjal-3363	704	21	,	,	PUNCT
cjal-3363	704	22	i	i	PRON
cjal-3363	704	23	+	+	PUNCT
cjal-3363	704	24	ϵy	ϵy	NOUN
cjal-3363	704	25	,	,	PUNCT
cjal-3363	704	26	i	i	PRON
cjal-3363	704	27	154	154	NUM
cjal-3363	704	28	given	give	VERB
cjal-3363	704	29	the	the	DET
cjal-3363	704	30	rapidly	rapidly	ADV
cjal-3363	704	31	changing	change	VERB
cjal-3363	704	32	environment	environment	NOUN
cjal-3363	704	33	,	,	PUNCT
cjal-3363	704	34	it	it	PRON
cjal-3363	704	35	is	be	AUX
cjal-3363	704	36	presumed	presume	VERB
cjal-3363	704	37	that	that	SCONJ
cjal-3363	704	38	the	the	DET
cjal-3363	704	39	tariff	tariff	NOUN
cjal-3363	704	40	needs	need	VERB
cjal-3363	704	41	to	to	PART
cjal-3363	704	42	be	be	AUX
cjal-3363	704	43	adjusted	adjust	VERB
cjal-3363	704	44	constantly	constantly	ADV
cjal-3363	704	45	.	.	PUNCT
cjal-3363	705	1	columbia	columbia	PROPN
cjal-3363	705	2	journal	journal	PROPN
cjal-3363	705	3	of	of	ADP
cjal-3363	705	4	asian	asian	ADJ
cjal-3363	705	5	law	law	NOUN
cjal-3363	706	1	[	[	X
cjal-3363	706	2	vol	vol	NOUN
cjal-3363	706	3	.	.	PUNCT
cjal-3363	707	1	31:1	31:1	NUM
cjal-3363	707	2	38	38	NUM
cjal-3363	707	3	state	state	NOUN
cjal-3363	707	4	ownershipy	ownershipy	NOUN
cjal-3363	707	5	,	,	PUNCT
cjal-3363	707	6	i	i	PRON
cjal-3363	707	7	denotes	denote	VERB
cjal-3363	707	8	the	the	DET
cjal-3363	707	9	percentage	percentage	NOUN
cjal-3363	707	10	of	of	ADP
cjal-3363	707	11	the	the	DET
cjal-3363	707	12	state	state	NOUN
cjal-3363	707	13	’s	’s	PART
cjal-3363	707	14	investment	investment	NOUN
cjal-3363	707	15	or	or	CCONJ
cjal-3363	707	16	the	the	DET
cjal-3363	707	17	revenue	revenue	NOUN
cjal-3363	707	18	collected	collect	VERB
cjal-3363	707	19	by	by	ADP
cjal-3363	707	20	soes	soe	NOUN
cjal-3363	707	21	in	in	ADP
cjal-3363	707	22	city	city	NOUN
cjal-3363	707	23	i	i	PRON
cjal-3363	707	24	in	in	ADP
cjal-3363	707	25	year	year	NOUN
cjal-3363	707	26	y	y	PROPN
cjal-3363	707	27	calculated	calculate	VERB
cjal-3363	707	28	in	in	ADP
cjal-3363	707	29	the	the	DET
cjal-3363	707	30	ways	way	NOUN
cjal-3363	707	31	stated	state	VERB
cjal-3363	707	32	above	above	ADV
cjal-3363	707	33	.	.	PUNCT
cjal-3363	708	1	adjustmenty	adjustmenty	PROPN
cjal-3363	708	2	,	,	PUNCT
cjal-3363	708	3	i	i	PRON
cjal-3363	708	4	denotes	denote	VERB
cjal-3363	708	5	the	the	DET
cjal-3363	708	6	number	number	NOUN
cjal-3363	708	7	of	of	ADP
cjal-3363	708	8	times	time	NOUN
cjal-3363	708	9	that	that	DET
cjal-3363	708	10	city	city	NOUN
cjal-3363	708	11	i	i	PRON
cjal-3363	708	12	has	have	AUX
cjal-3363	708	13	adjusted	adjust	VERB
cjal-3363	708	14	its	its	PRON
cjal-3363	708	15	water	water	NOUN
cjal-3363	708	16	tariff	tariff	NOUN
cjal-3363	708	17	from	from	ADP
cjal-3363	708	18	january	january	PROPN
cjal-3363	708	19	2005	2005	NUM
cjal-3363	708	20	to	to	ADP
cjal-3363	708	21	the	the	DET
cjal-3363	708	22	end	end	NOUN
cjal-3363	708	23	of	of	ADP
cjal-3363	708	24	the	the	DET
cjal-3363	708	25	year	year	NOUN
cjal-3363	708	26	y.	y.	PROPN
cjal-3363	709	1	i	i	PRON
cjal-3363	709	2	included	include	VERB
cjal-3363	709	3	two	two	NUM
cjal-3363	709	4	control	control	NOUN
cjal-3363	709	5	variables	variable	NOUN
cjal-3363	709	6	in	in	ADP
cjal-3363	709	7	the	the	DET
cjal-3363	709	8	vector	vector	NOUN
cjal-3363	709	9	χy	χy	PROPN
cjal-3363	709	10	,	,	PUNCT
cjal-3363	709	11	i.	i.	PROPN
cjal-3363	709	12	first	first	ADV
cjal-3363	709	13	,	,	PUNCT
cjal-3363	709	14	i	i	PRON
cjal-3363	709	15	included	include	VERB
cjal-3363	709	16	the	the	DET
cjal-3363	709	17	fiscal	fiscal	ADJ
cjal-3363	709	18	revenue	revenue	NOUN
cjal-3363	709	19	per	per	ADP
cjal-3363	709	20	capita	capita	NOUN
cjal-3363	709	21	as	as	ADP
cjal-3363	709	22	a	a	DET
cjal-3363	709	23	control	control	NOUN
cjal-3363	709	24	variable	variable	NOUN
cjal-3363	709	25	,	,	PUNCT
cjal-3363	709	26	because	because	SCONJ
cjal-3363	709	27	the	the	DET
cjal-3363	709	28	less	less	ADJ
cjal-3363	709	29	revenue	revenue	NOUN
cjal-3363	709	30	the	the	DET
cjal-3363	709	31	government	government	NOUN
cjal-3363	709	32	has	have	VERB
cjal-3363	709	33	,	,	PUNCT
cjal-3363	709	34	the	the	PRON
cjal-3363	709	35	more	more	ADV
cjal-3363	709	36	likely	likely	ADJ
cjal-3363	709	37	it	it	PRON
cjal-3363	709	38	would	would	AUX
cjal-3363	709	39	privatize	privatize	VERB
cjal-3363	709	40	the	the	DET
cjal-3363	709	41	soes	soe	NOUN
cjal-3363	709	42	.	.	PUNCT
cjal-3363	710	1	second	second	ADJ
cjal-3363	710	2	,	,	PUNCT
cjal-3363	710	3	i	i	PRON
cjal-3363	710	4	included	include	VERB
cjal-3363	710	5	the	the	DET
cjal-3363	710	6	gdp	gdp	NOUN
cjal-3363	710	7	per	per	ADP
cjal-3363	710	8	capita	capita	NOUN
cjal-3363	710	9	in	in	ADP
cjal-3363	710	10	the	the	DET
cjal-3363	710	11	city	city	NOUN
cjal-3363	710	12	as	as	ADP
cjal-3363	710	13	a	a	DET
cjal-3363	710	14	control	control	NOUN
cjal-3363	710	15	variable	variable	NOUN
cjal-3363	710	16	since	since	SCONJ
cjal-3363	710	17	more	more	ADJ
cjal-3363	710	18	developed	develop	VERB
cjal-3363	710	19	areas	area	NOUN
cjal-3363	710	20	might	might	AUX
cjal-3363	710	21	have	have	VERB
cjal-3363	710	22	a	a	DET
cjal-3363	710	23	higher	high	ADJ
cjal-3363	710	24	percentage	percentage	NOUN
cjal-3363	710	25	of	of	ADP
cjal-3363	710	26	private	private	ADJ
cjal-3363	710	27	enterprises	enterprise	NOUN
cjal-3363	710	28	.	.	PUNCT
cjal-3363	711	1	θy	θy	PRON
cjal-3363	711	2	are	be	AUX
cjal-3363	711	3	year	year	NOUN
cjal-3363	711	4	indicators	indicator	NOUN
cjal-3363	711	5	and	and	CCONJ
cjal-3363	711	6	λi	λi	X
cjal-3363	711	7	are	be	AUX
cjal-3363	711	8	city	city	NOUN
cjal-3363	711	9	indicators	indicator	NOUN
cjal-3363	711	10	.	.	PUNCT
cjal-3363	712	1	tables	table	NOUN
cjal-3363	712	2	3	3	NUM
cjal-3363	712	3	and	and	CCONJ
cjal-3363	712	4	4	4	NUM
cjal-3363	712	5	provide	provide	VERB
cjal-3363	712	6	a	a	DET
cjal-3363	712	7	summary	summary	NOUN
cjal-3363	712	8	of	of	ADP
cjal-3363	712	9	the	the	DET
cjal-3363	712	10	major	major	ADJ
cjal-3363	712	11	variables	variable	NOUN
cjal-3363	712	12	by	by	ADP
cjal-3363	712	13	year	year	NOUN
cjal-3363	712	14	and	and	CCONJ
cjal-3363	712	15	by	by	ADP
cjal-3363	712	16	number	number	NOUN
cjal-3363	712	17	of	of	ADP
cjal-3363	712	18	water	water	NOUN
cjal-3363	712	19	tariff	tariff	NOUN
cjal-3363	712	20	adjustments	adjustment	NOUN
cjal-3363	712	21	.	.	PUNCT
cjal-3363	713	1	figure	figure	NOUN
cjal-3363	713	2	10	10	NUM
cjal-3363	713	3	shows	show	VERB
cjal-3363	713	4	the	the	DET
cjal-3363	713	5	average	average	ADJ
cjal-3363	713	6	percentage	percentage	NOUN
cjal-3363	713	7	of	of	ADP
cjal-3363	713	8	capital	capital	NOUN
cjal-3363	713	9	investment	investment	NOUN
cjal-3363	713	10	owned	own	VERB
cjal-3363	713	11	by	by	ADP
cjal-3363	713	12	the	the	DET
cjal-3363	713	13	state	state	NOUN
cjal-3363	713	14	in	in	ADP
cjal-3363	713	15	cities	city	NOUN
cjal-3363	713	16	with	with	ADP
cjal-3363	713	17	different	different	ADJ
cjal-3363	713	18	number	number	NOUN
cjal-3363	713	19	of	of	ADP
cjal-3363	713	20	adjustments	adjustment	NOUN
cjal-3363	713	21	from	from	ADP
cjal-3363	713	22	2005	2005	NUM
cjal-3363	713	23	to	to	ADP
cjal-3363	713	24	2012	2012	NUM
cjal-3363	713	25	.	.	PUNCT
cjal-3363	714	1	table	table	NOUN
cjal-3363	714	2	3	3	NUM
cjal-3363	714	3	:	:	PUNCT
cjal-3363	714	4	summary	summary	NOUN
cjal-3363	714	5	of	of	ADP
cjal-3363	714	6	statistics	statistic	NOUN
cjal-3363	714	7	by	by	ADP
cjal-3363	714	8	year	year	NOUN
cjal-3363	714	9	variable	variable	ADJ
cjal-3363	714	10	observation	observation	NOUN
cjal-3363	714	11	mean	mean	NOUN
cjal-3363	715	1	std	std	PROPN
cjal-3363	715	2	.	.	PROPN
cjal-3363	715	3	dev	dev	PROPN
cjal-3363	715	4	.	.	PUNCT
cjal-3363	716	1	min	min	PROPN
cjal-3363	716	2	max	max	PROPN
cjal-3363	716	3	year	year	PROPN
cjal-3363	716	4	=	=	SYM
cjal-3363	716	5	2005	2005	NUM
cjal-3363	716	6	proportion	proportion	NOUN
cjal-3363	716	7	of	of	ADP
cjal-3363	716	8	state	state	NOUN
cjal-3363	716	9	capital	capital	NOUN
cjal-3363	716	10	investment	investment	NOUN
cjal-3363	716	11	35	35	NUM
cjal-3363	716	12	0.96	0.96	NUM
cjal-3363	716	13	0.10	0.10	NUM
cjal-3363	716	14	0.54	0.54	NUM
cjal-3363	716	15	1.00	1.00	NUM
cjal-3363	716	16	proportion	proportion	NOUN
cjal-3363	716	17	of	of	ADP
cjal-3363	716	18	soes	soe	NOUN
cjal-3363	716	19	’	'	PUNCT
cjal-3363	716	20	revenue	revenue	NOUN
cjal-3363	716	21	35	35	NUM
cjal-3363	716	22	0.83	0.83	NUM
cjal-3363	716	23	0.35	0.35	NUM
cjal-3363	716	24	0.00	0.00	NUM
cjal-3363	716	25	1.00	1.00	NUM
cjal-3363	716	26	number	number	NOUN
cjal-3363	716	27	of	of	ADP
cjal-3363	716	28	adjustments	adjustment	NOUN
cjal-3363	716	29	(	(	PUNCT
cjal-3363	716	30	residential	residential	ADJ
cjal-3363	716	31	)	)	PUNCT
cjal-3363	716	32	36	36	NUM
cjal-3363	716	33	0.42	0.42	NUM
cjal-3363	716	34	0.50	0.50	NUM
cjal-3363	716	35	0.00	0.00	NUM
cjal-3363	716	36	1.00	1.00	NUM
cjal-3363	716	37	number	number	NOUN
cjal-3363	716	38	of	of	ADP
cjal-3363	716	39	adjustments	adjustment	NOUN
cjal-3363	716	40	(	(	PUNCT
cjal-3363	716	41	industrial	industrial	ADJ
cjal-3363	716	42	)	)	PUNCT
cjal-3363	716	43	36	36	NUM
cjal-3363	716	44	0.56	0.56	NUM
cjal-3363	716	45	0.77	0.77	NUM
cjal-3363	716	46	0.00	0.00	NUM
cjal-3363	716	47	3.00	3.00	NUM
cjal-3363	716	48	gdp	gdp	NOUN
cjal-3363	716	49	per	per	ADP
cjal-3363	716	50	capita	capita	X
cjal-3363	716	51	31	31	NUM
cjal-3363	716	52	0.04	0.04	NUM
cjal-3363	716	53	0.05	0.05	NUM
cjal-3363	716	54	0.01	0.01	NUM
cjal-3363	716	55	0.27	0.27	NUM
cjal-3363	716	56	government	government	NOUN
cjal-3363	716	57	revenue	revenue	NOUN
cjal-3363	716	58	per	per	ADP
cjal-3363	716	59	capita	capita	X
cjal-3363	716	60	32	32	NUM
cjal-3363	716	61	3.35	3.35	NUM
cjal-3363	716	62	4.47	4.47	NUM
cjal-3363	716	63	0.52	0.52	NUM
cjal-3363	716	64	22.67	22.67	NUM
cjal-3363	716	65	year	year	NOUN
cjal-3363	716	66	=	=	SYM
cjal-3363	716	67	2006	2006	NUM
cjal-3363	716	68	proportion	proportion	NOUN
cjal-3363	716	69	of	of	ADP
cjal-3363	716	70	state	state	NOUN
cjal-3363	716	71	capital	capital	NOUN
cjal-3363	716	72	investment	investment	NOUN
cjal-3363	716	73	36	36	NUM
cjal-3363	716	74	0.92	0.92	NUM
cjal-3363	716	75	0.16	0.16	NUM
cjal-3363	716	76	0.36	0.36	NUM
cjal-3363	716	77	1.00	1.00	NUM
cjal-3363	716	78	2017	2017	NUM
cjal-3363	716	79	]	]	PUNCT
cjal-3363	716	80	state	state	NOUN
cjal-3363	716	81	ownership	ownership	NOUN
cjal-3363	716	82	and	and	CCONJ
cjal-3363	716	83	regulatory	regulatory	ADJ
cjal-3363	716	84	costs	cost	NOUN
cjal-3363	716	85	39	39	NUM
cjal-3363	716	86	proportion	proportion	NOUN
cjal-3363	716	87	of	of	ADP
cjal-3363	716	88	soes	soe	NOUN
cjal-3363	716	89	’	'	PUNCT
cjal-3363	716	90	revenue	revenue	NOUN
cjal-3363	716	91	36	36	NUM
cjal-3363	716	92	0.81	0.81	NUM
cjal-3363	716	93	0.34	0.34	NUM
cjal-3363	716	94	0.00	0.00	NUM
cjal-3363	716	95	1.00	1.00	NUM
cjal-3363	716	96	number	number	NOUN
cjal-3363	716	97	of	of	ADP
cjal-3363	716	98	adjustments	adjustment	NOUN
cjal-3363	716	99	(	(	PUNCT
cjal-3363	716	100	residential	residential	ADJ
cjal-3363	716	101	)	)	PUNCT
cjal-3363	716	102	36	36	NUM
cjal-3363	716	103	1.03	1.03	NUM
cjal-3363	716	104	0.56	0.56	NUM
cjal-3363	716	105	0.00	0.00	NUM
cjal-3363	716	106	2.00	2.00	NUM
cjal-3363	716	107	number	number	NOUN
cjal-3363	716	108	of	of	ADP
cjal-3363	716	109	adjustments	adjustment	NOUN
cjal-3363	716	110	(	(	PUNCT
cjal-3363	716	111	industrial	industrial	ADJ
cjal-3363	716	112	)	)	PUNCT
cjal-3363	716	113	36	36	NUM
cjal-3363	716	114	0.81	0.81	NUM
cjal-3363	716	115	0.89	0.89	NUM
cjal-3363	716	116	0.00	0.00	NUM
cjal-3363	716	117	4.00	4.00	NUM
cjal-3363	716	118	gdp	gdp	NOUN
cjal-3363	716	119	per	per	ADP
cjal-3363	716	120	capita	capita	X
cjal-3363	716	121	30	30	NUM
cjal-3363	716	122	0.05	0.05	NUM
cjal-3363	716	123	0.05	0.05	NUM
cjal-3363	716	124	0.01	0.01	NUM
cjal-3363	716	125	0.30	0.30	NUM
cjal-3363	716	126	government	government	NOUN
cjal-3363	716	127	revenue	revenue	NOUN
cjal-3363	716	128	per	per	ADP
cjal-3363	716	129	capita	capita	X
cjal-3363	716	130	30	30	NUM
cjal-3363	716	131	3.98	3.98	NUM
cjal-3363	716	132	5.19	5.19	NUM
cjal-3363	716	133	0.60	0.60	NUM
cjal-3363	716	134	25.45	25.45	NUM
cjal-3363	716	135	year	year	NOUN
cjal-3363	716	136	=	=	SYM
cjal-3363	716	137	2007	2007	NUM
cjal-3363	716	138	proportion	proportion	NOUN
cjal-3363	716	139	of	of	ADP
cjal-3363	716	140	state	state	NOUN
cjal-3363	716	141	capital	capital	NOUN
cjal-3363	716	142	investment	investment	NOUN
cjal-3363	716	143	36	36	NUM
cjal-3363	716	144	0.87	0.87	NUM
cjal-3363	716	145	0.18	0.18	NUM
cjal-3363	716	146	0.51	0.51	NUM
cjal-3363	716	147	1.00	1.00	NUM
cjal-3363	716	148	proportion	proportion	NOUN
cjal-3363	716	149	of	of	ADP
cjal-3363	716	150	soes	soe	NOUN
cjal-3363	716	151	’	'	PUNCT
cjal-3363	716	152	revenue	revenue	NOUN
cjal-3363	716	153	36	36	NUM
cjal-3363	716	154	0.78	0.78	NUM
cjal-3363	716	155	0.35	0.35	NUM
cjal-3363	716	156	0.00	0.00	NUM
cjal-3363	716	157	1.00	1.00	NUM
cjal-3363	716	158	number	number	NOUN
cjal-3363	716	159	of	of	ADP
cjal-3363	716	160	adjustments	adjustment	NOUN
cjal-3363	716	161	(	(	PUNCT
cjal-3363	716	162	residential	residential	ADJ
cjal-3363	716	163	)	)	PUNCT
cjal-3363	716	164	36	36	NUM
cjal-3363	716	165	1.42	1.42	NUM
cjal-3363	716	166	0.73	0.73	NUM
cjal-3363	716	167	0.00	0.00	NUM
cjal-3363	716	168	3.00	3.00	NUM
cjal-3363	716	169	number	number	NOUN
cjal-3363	716	170	of	of	ADP
cjal-3363	716	171	adjustments	adjustment	NOUN
cjal-3363	716	172	(	(	PUNCT
cjal-3363	716	173	industrial	industrial	ADJ
cjal-3363	716	174	)	)	PUNCT
cjal-3363	716	175	36	36	NUM
cjal-3363	716	176	1.08	1.08	NUM
cjal-3363	716	177	1.08	1.08	NUM
cjal-3363	716	178	0.00	0.00	NUM
cjal-3363	716	179	5.00	5.00	NUM
cjal-3363	716	180	gdp	gdp	NOUN
cjal-3363	716	181	per	per	ADP
cjal-3363	716	182	capita	capita	X
cjal-3363	716	183	31	31	NUM
cjal-3363	716	184	0.05	0.05	NUM
cjal-3363	716	185	0.06	0.06	NUM
cjal-3363	716	186	0.02	0.02	NUM
cjal-3363	716	187	0.32	0.32	NUM
cjal-3363	716	188	government	government	NOUN
cjal-3363	716	189	revenue	revenue	NOUN
cjal-3363	716	190	per	per	ADP
cjal-3363	716	191	capita	capita	X
cjal-3363	716	192	31	31	NUM
cjal-3363	716	193	4.99	4.99	NUM
cjal-3363	716	194	6.39	6.39	NUM
cjal-3363	716	195	0.77	0.77	NUM
cjal-3363	716	196	30.98	30.98	NUM
cjal-3363	716	197	year	year	NOUN
cjal-3363	716	198	=	=	SYM
cjal-3363	716	199	2010	2010	NUM
cjal-3363	716	200	proportion	proportion	NOUN
cjal-3363	716	201	of	of	ADP
cjal-3363	716	202	state	state	NOUN
cjal-3363	716	203	capital	capital	NOUN
cjal-3363	716	204	investment	investment	NOUN
cjal-3363	716	205	36	36	NUM
cjal-3363	716	206	0.73	0.73	NUM
cjal-3363	716	207	0.37	0.37	NUM
cjal-3363	716	208	0.00	0.00	NUM
cjal-3363	716	209	1.00	1.00	NUM
cjal-3363	716	210	proportion	proportion	NOUN
cjal-3363	716	211	of	of	ADP
cjal-3363	716	212	soes	soe	NOUN
cjal-3363	716	213	’	'	PUNCT
cjal-3363	716	214	revenue	revenue	NOUN
cjal-3363	716	215	36	36	NUM
cjal-3363	716	216	0.65	0.65	NUM
cjal-3363	716	217	0.45	0.45	NUM
cjal-3363	716	218	0.00	0.00	NUM
cjal-3363	716	219	1.00	1.00	NUM
cjal-3363	716	220	columbia	columbia	PROPN
cjal-3363	716	221	journal	journal	NOUN
cjal-3363	716	222	of	of	ADP
cjal-3363	716	223	asian	asian	ADJ
cjal-3363	716	224	law	law	NOUN
cjal-3363	717	1	[	[	X
cjal-3363	717	2	vol	vol	NOUN
cjal-3363	717	3	.	.	PUNCT
cjal-3363	718	1	31:1	31:1	NUM
cjal-3363	718	2	40	40	NUM
cjal-3363	718	3	number	number	NOUN
cjal-3363	718	4	of	of	ADP
cjal-3363	718	5	adjustments	adjustment	NOUN
cjal-3363	718	6	(	(	PUNCT
cjal-3363	718	7	residential	residential	ADJ
cjal-3363	718	8	)	)	PUNCT
cjal-3363	718	9	36	36	NUM
cjal-3363	718	10	2.33	2.33	NUM
cjal-3363	718	11	1.04	1.04	NUM
cjal-3363	718	12	0.00	0.00	NUM
cjal-3363	718	13	4.00	4.00	NUM
cjal-3363	718	14	number	number	NOUN
cjal-3363	718	15	of	of	ADP
cjal-3363	718	16	adjustments	adjustment	NOUN
cjal-3363	718	17	(	(	PUNCT
cjal-3363	718	18	industrial	industrial	ADJ
cjal-3363	718	19	)	)	PUNCT
cjal-3363	718	20	36	36	NUM
cjal-3363	718	21	1.89	1.89	NUM
cjal-3363	718	22	1.30	1.30	NUM
cjal-3363	718	23	0.00	0.00	NUM
cjal-3363	718	24	6.00	6.00	NUM
cjal-3363	718	25	gdp	gdp	NOUN
cjal-3363	718	26	per	per	ADP
cjal-3363	718	27	capita	capita	NOUN
cjal-3363	718	28	35	35	NUM
cjal-3363	718	29	0.07	0.07	NUM
cjal-3363	718	30	0.06	0.06	NUM
cjal-3363	718	31	0.02	0.02	NUM
cjal-3363	718	32	0.37	0.37	NUM
cjal-3363	718	33	government	government	NOUN
cjal-3363	718	34	revenue	revenue	NOUN
cjal-3363	718	35	per	per	ADP
cjal-3363	718	36	capita	capita	X
cjal-3363	718	37	35	35	NUM
cjal-3363	718	38	7.53	7.53	NUM
cjal-3363	718	39	8.61	8.61	NUM
cjal-3363	718	40	1.44	1.44	NUM
cjal-3363	718	41	42.59	42.59	NUM
cjal-3363	718	42	year	year	NOUN
cjal-3363	718	43	=	=	SYM
cjal-3363	718	44	2011	2011	NUM
cjal-3363	718	45	proportion	proportion	NOUN
cjal-3363	718	46	of	of	ADP
cjal-3363	718	47	state	state	NOUN
cjal-3363	718	48	capital	capital	NOUN
cjal-3363	718	49	investment	investment	NOUN
cjal-3363	718	50	35	35	NUM
cjal-3363	718	51	0.90	0.90	NUM
cjal-3363	718	52	0.16	0.16	NUM
cjal-3363	718	53	0.51	0.51	NUM
cjal-3363	718	54	1.00	1.00	NUM
cjal-3363	718	55	proportion	proportion	NOUN
cjal-3363	718	56	of	of	ADP
cjal-3363	718	57	soes	soe	NOUN
cjal-3363	718	58	’	'	PUNCT
cjal-3363	718	59	revenue	revenue	NOUN
cjal-3363	718	60	35	35	NUM
cjal-3363	718	61	0.80	0.80	NUM
cjal-3363	718	62	0.36	0.36	NUM
cjal-3363	718	63	0.00	0.00	NUM
cjal-3363	718	64	1.00	1.00	NUM
cjal-3363	718	65	number	number	NOUN
cjal-3363	718	66	of	of	ADP
cjal-3363	718	67	adjustments	adjustment	NOUN
cjal-3363	718	68	(	(	PUNCT
cjal-3363	718	69	residential	residential	ADJ
cjal-3363	718	70	)	)	PUNCT
cjal-3363	718	71	36	36	NUM
cjal-3363	718	72	2.42	2.42	NUM
cjal-3363	718	73	1.11	1.11	NUM
cjal-3363	718	74	0.00	0.00	NUM
cjal-3363	718	75	5.00	5.00	NUM
cjal-3363	718	76	number	number	NOUN
cjal-3363	718	77	of	of	ADP
cjal-3363	718	78	adjustments	adjustment	NOUN
cjal-3363	718	79	(	(	PUNCT
cjal-3363	718	80	industrial	industrial	ADJ
cjal-3363	718	81	)	)	PUNCT
cjal-3363	718	82	36	36	NUM
cjal-3363	718	83	2.03	2.03	NUM
cjal-3363	718	84	1.36	1.36	NUM
cjal-3363	718	85	0.00	0.00	NUM
cjal-3363	718	86	6.00	6.00	NUM
cjal-3363	718	87	gdp	gdp	NOUN
cjal-3363	718	88	per	per	ADP
cjal-3363	718	89	capita	capita	NOUN
cjal-3363	718	90	36	36	NUM
cjal-3363	718	91	0.09	0.09	NUM
cjal-3363	718	92	0.07	0.07	NUM
cjal-3363	718	93	0.03	0.03	NUM
cjal-3363	718	94	0.43	0.43	NUM
cjal-3363	718	95	government	government	NOUN
cjal-3363	718	96	revenue	revenue	NOUN
cjal-3363	718	97	per	per	ADP
cjal-3363	718	98	capita	capita	NOUN
cjal-3363	718	99	36	36	NUM
cjal-3363	718	100	9.35	9.35	NUM
cjal-3363	718	101	10.25	10.25	NUM
cjal-3363	718	102	2.26	2.26	NUM
cjal-3363	718	103	50.00	50.00	NUM
cjal-3363	718	104	year	year	NOUN
cjal-3363	718	105	=	=	SYM
cjal-3363	718	106	2012	2012	NUM
cjal-3363	718	107	proportion	proportion	NOUN
cjal-3363	718	108	of	of	ADP
cjal-3363	718	109	state	state	NOUN
cjal-3363	718	110	capital	capital	NOUN
cjal-3363	718	111	investment	investment	NOUN
cjal-3363	718	112	35	35	NUM
cjal-3363	718	113	0.85	0.85	NUM
cjal-3363	718	114	0.26	0.26	NUM
cjal-3363	718	115	0.00	0.00	NUM
cjal-3363	718	116	1.00	1.00	NUM
cjal-3363	718	117	proportion	proportion	NOUN
cjal-3363	718	118	of	of	ADP
cjal-3363	718	119	soes	soe	NOUN
cjal-3363	718	120	’	'	PUNCT
cjal-3363	718	121	revenue	revenue	NOUN
cjal-3363	718	122	35	35	NUM
cjal-3363	718	123	0.75	0.75	NUM
cjal-3363	718	124	0.39	0.39	NUM
cjal-3363	718	125	0.00	0.00	NUM
cjal-3363	718	126	1.00	1.00	NUM
cjal-3363	718	127	number	number	NOUN
cjal-3363	718	128	of	of	ADP
cjal-3363	718	129	adjustments	adjustment	NOUN
cjal-3363	718	130	(	(	PUNCT
cjal-3363	718	131	residential	residential	ADJ
cjal-3363	718	132	)	)	PUNCT
cjal-3363	718	133	36	36	NUM
cjal-3363	718	134	2.58	2.58	NUM
cjal-3363	718	135	1.11	1.11	NUM
cjal-3363	718	136	0.00	0.00	NUM
cjal-3363	718	137	5.00	5.00	NUM
cjal-3363	718	138	2017	2017	NUM
cjal-3363	718	139	]	]	PUNCT
cjal-3363	718	140	state	state	NOUN
cjal-3363	718	141	ownership	ownership	NOUN
cjal-3363	718	142	and	and	CCONJ
cjal-3363	718	143	regulatory	regulatory	ADJ
cjal-3363	718	144	costs	cost	NOUN
cjal-3363	718	145	41	41	NUM
cjal-3363	718	146	number	number	NOUN
cjal-3363	718	147	of	of	ADP
cjal-3363	718	148	adjustments	adjustment	NOUN
cjal-3363	718	149	(	(	PUNCT
cjal-3363	718	150	industrial	industrial	ADJ
cjal-3363	718	151	)	)	PUNCT
cjal-3363	718	152	36	36	NUM
cjal-3363	718	153	2.19	2.19	NUM
cjal-3363	718	154	1.37	1.37	NUM
cjal-3363	718	155	0.00	0.00	NUM
cjal-3363	718	156	6.00	6.00	NUM
cjal-3363	718	157	gdp	gdp	NOUN
cjal-3363	718	158	per	per	ADP
cjal-3363	718	159	capita	capita	NOUN
cjal-3363	718	160	35	35	NUM
cjal-3363	718	161	0.10	0.10	NUM
cjal-3363	718	162	0.08	0.08	NUM
cjal-3363	718	163	0.03	0.03	NUM
cjal-3363	718	164	0.45	0.45	NUM
cjal-3363	718	165	government	government	NOUN
cjal-3363	718	166	revenue	revenue	NOUN
cjal-3363	718	167	per	per	ADP
cjal-3363	718	168	capita	capita	X
cjal-3363	718	169	35	35	NUM
cjal-3363	718	170	10.75	10.75	NUM
cjal-3363	718	171	11.07	11.07	NUM
cjal-3363	718	172	2.63	2.63	NUM
cjal-3363	718	173	51.53	51.53	NUM
cjal-3363	718	174	table	table	NOUN
cjal-3363	718	175	4	4	NUM
cjal-3363	718	176	:	:	PUNCT
cjal-3363	718	177	summary	summary	NOUN
cjal-3363	718	178	of	of	ADP
cjal-3363	718	179	statistics	statistic	NOUN
cjal-3363	718	180	by	by	ADP
cjal-3363	718	181	number	number	NOUN
cjal-3363	718	182	of	of	ADP
cjal-3363	718	183	adjustments	adjustment	NOUN
cjal-3363	718	184	variable	variable	ADJ
cjal-3363	718	185	observation	observation	NOUN
cjal-3363	718	186	mean	mean	NOUN
cjal-3363	718	187	std	std	PROPN
cjal-3363	718	188	.	.	PROPN
cjal-3363	718	189	dev	dev	PROPN
cjal-3363	718	190	.	.	PUNCT
cjal-3363	719	1	min	min	PROPN
cjal-3363	719	2	max	max	PROPN
cjal-3363	719	3	number	number	NOUN
cjal-3363	719	4	of	of	ADP
cjal-3363	719	5	adjustments	adjustment	NOUN
cjal-3363	719	6	(	(	PUNCT
cjal-3363	719	7	industrial)=	industrial)=	NOUN
cjal-3363	719	8	0	0	NUM
cjal-3363	719	9	proportion	proportion	NOUN
cjal-3363	719	10	of	of	ADP
cjal-3363	719	11	state	state	NOUN
cjal-3363	719	12	capital	capital	NOUN
cjal-3363	719	13	investment	investment	NOUN
cjal-3363	719	14	34	34	NUM
cjal-3363	719	15	0.86	0.86	NUM
cjal-3363	719	16	0.31	0.31	NUM
cjal-3363	719	17	0	0	NUM
cjal-3363	719	18	1	1	NUM
cjal-3363	719	19	proportion	proportion	NOUN
cjal-3363	719	20	of	of	ADP
cjal-3363	719	21	soes	soe	NOUN
cjal-3363	719	22	’	'	PUNCT
cjal-3363	719	23	revenue	revenue	NOUN
cjal-3363	719	24	34	34	NUM
cjal-3363	719	25	0.86	0.86	NUM
cjal-3363	719	26	0.32	0.32	NUM
cjal-3363	719	27	0	0	NUM
cjal-3363	719	28	1	1	NUM
cjal-3363	719	29	year	year	NOUN
cjal-3363	719	30	35	35	NUM
cjal-3363	719	31	2006	2006	NUM
cjal-3363	719	32	2	2	NUM
cjal-3363	719	33	2005	2005	NUM
cjal-3363	719	34	2012	2012	NUM
cjal-3363	719	35	number	number	NOUN
cjal-3363	719	36	of	of	ADP
cjal-3363	719	37	adjustments	adjustment	NOUN
cjal-3363	719	38	(	(	PUNCT
cjal-3363	719	39	industrial)=	industrial)=	NOUN
cjal-3363	719	40	1	1	NUM
cjal-3363	719	41	proportion	proportion	NOUN
cjal-3363	719	42	of	of	ADP
cjal-3363	719	43	state	state	NOUN
cjal-3363	719	44	capital	capital	NOUN
cjal-3363	719	45	investment	investment	NOUN
cjal-3363	719	46	68	68	NUM
cjal-3363	719	47	0.74	0.74	NUM
cjal-3363	719	48	0.36	0.36	NUM
cjal-3363	719	49	0	0	NUM
cjal-3363	719	50	1	1	NUM
cjal-3363	719	51	proportion	proportion	NOUN
cjal-3363	719	52	of	of	ADP
cjal-3363	719	53	soes	soe	NOUN
cjal-3363	719	54	’	'	PUNCT
cjal-3363	719	55	revenue	revenue	NOUN
cjal-3363	719	56	68	68	NUM
cjal-3363	719	57	0.81	0.81	NUM
cjal-3363	719	58	0.33	0.33	NUM
cjal-3363	719	59	0	0	NUM
cjal-3363	719	60	1	1	NUM
cjal-3363	719	61	year	year	NOUN
cjal-3363	719	62	68	68	NUM
cjal-3363	719	63	2007	2007	NUM
cjal-3363	719	64	2	2	NUM
cjal-3363	719	65	2005	2005	NUM
cjal-3363	719	66	2012	2012	NUM
cjal-3363	719	67	number	number	NOUN
cjal-3363	719	68	of	of	ADP
cjal-3363	719	69	adjustments	adjustment	NOUN
cjal-3363	719	70	(	(	PUNCT
cjal-3363	719	71	industrial)=	industrial)=	NOUN
cjal-3363	719	72	2	2	NUM
cjal-3363	719	73	proportion	proportion	NOUN
cjal-3363	719	74	of	of	ADP
cjal-3363	719	75	state	state	NOUN
cjal-3363	719	76	capital	capital	NOUN
cjal-3363	719	77	investment	investment	NOUN
cjal-3363	719	78	58	58	NUM
cjal-3363	719	79	0.71	0.71	NUM
cjal-3363	719	80	0.37	0.37	NUM
cjal-3363	719	81	0	0	NUM
cjal-3363	719	82	1	1	NUM
cjal-3363	719	83	proportion	proportion	NOUN
cjal-3363	719	84	of	of	ADP
cjal-3363	719	85	soes	soe	NOUN
cjal-3363	719	86	’	'	PUNCT
cjal-3363	719	87	revenue	revenue	NOUN
cjal-3363	719	88	58	58	NUM
cjal-3363	719	89	0.77	0.77	NUM
cjal-3363	719	90	0.37	0.37	NUM
cjal-3363	719	91	0	0	NUM
cjal-3363	719	92	1	1	NUM
cjal-3363	719	93	year	year	NOUN
cjal-3363	719	94	58	58	NUM
cjal-3363	719	95	2009	2009	NUM
cjal-3363	719	96	2	2	NUM
cjal-3363	719	97	2006	2006	NUM
cjal-3363	719	98	2012	2012	NUM
cjal-3363	719	99	number	number	NOUN
cjal-3363	719	100	of	of	ADP
cjal-3363	719	101	adjustments	adjustment	NOUN
cjal-3363	719	102	(	(	PUNCT
cjal-3363	719	103	industrial)=	industrial)=	NOUN
cjal-3363	719	104	3	3	NUM
cjal-3363	719	105	proportion	proportion	NOUN
cjal-3363	719	106	of	of	ADP
cjal-3363	719	107	state	state	NOUN
cjal-3363	719	108	capital	capital	NOUN
cjal-3363	719	109	investment	investment	NOUN
cjal-3363	719	110	37	37	NUM
cjal-3363	719	111	0.61	0.61	NUM
cjal-3363	719	112	0.43	0.43	NUM
cjal-3363	719	113	0	0	NUM
cjal-3363	719	114	1	1	NUM
cjal-3363	719	115	proportion	proportion	NOUN
cjal-3363	719	116	of	of	ADP
cjal-3363	719	117	soes	soe	NOUN
cjal-3363	719	118	’	'	PUNCT
cjal-3363	719	119	revenue	revenue	NOUN
cjal-3363	719	120	37	37	NUM
cjal-3363	719	121	0.64	0.64	NUM
cjal-3363	719	122	0.46	0.46	NUM
cjal-3363	719	123	0	0	NUM
cjal-3363	719	124	1	1	NUM
cjal-3363	719	125	year	year	NOUN
cjal-3363	719	126	39	39	NUM
cjal-3363	719	127	2011	2011	NUM
cjal-3363	719	128	1	1	NUM
cjal-3363	719	129	2007	2007	NUM
cjal-3363	719	130	2012	2012	NUM
cjal-3363	719	131	number	number	NOUN
cjal-3363	719	132	of	of	ADP
cjal-3363	719	133	adjustments	adjustment	NOUN
cjal-3363	719	134	(	(	PUNCT
cjal-3363	719	135	industrial)=	industrial)=	NOUN
cjal-3363	719	136	4	4	NUM
cjal-3363	719	137	proportion	proportion	NOUN
cjal-3363	719	138	of	of	ADP
cjal-3363	719	139	state	state	NOUN
cjal-3363	719	140	capital	capital	NOUN
cjal-3363	719	141	investment	investment	NOUN
cjal-3363	719	142	14	14	NUM
cjal-3363	719	143	0.67	0.67	NUM
cjal-3363	719	144	0.34	0.34	NUM
cjal-3363	719	145	0	0	NUM
cjal-3363	719	146	1	1	NUM
cjal-3363	719	147	proportion	proportion	NOUN
cjal-3363	719	148	of	of	ADP
cjal-3363	719	149	soes	soe	NOUN
cjal-3363	719	150	’	'	PUNCT
cjal-3363	719	151	revenue	revenue	NOUN
cjal-3363	719	152	14	14	NUM
cjal-3363	719	153	0.74	0.74	NUM
cjal-3363	719	154	0.34	0.34	NUM
cjal-3363	719	155	0	0	NUM
cjal-3363	719	156	1	1	NUM
cjal-3363	719	157	year	year	NOUN
cjal-3363	719	158	14	14	NUM
cjal-3363	719	159	2011	2011	NUM
cjal-3363	719	160	1	1	NUM
cjal-3363	719	161	2010	2010	NUM
cjal-3363	719	162	2012	2012	NUM
cjal-3363	719	163	columbia	columbia	PROPN
cjal-3363	719	164	journal	journal	PROPN
cjal-3363	719	165	of	of	ADP
cjal-3363	719	166	asian	asian	ADJ
cjal-3363	719	167	law	law	NOUN
cjal-3363	720	1	[	[	X
cjal-3363	720	2	vol	vol	NOUN
cjal-3363	720	3	.	.	PUNCT
cjal-3363	721	1	31:1	31:1	NUM
cjal-3363	721	2	42	42	NUM
cjal-3363	721	3	number	number	NOUN
cjal-3363	721	4	of	of	ADP
cjal-3363	721	5	adjustments	adjustment	NOUN
cjal-3363	721	6	(	(	PUNCT
cjal-3363	721	7	industrial)=	industrial)=	NOUN
cjal-3363	721	8	5	5	NUM
cjal-3363	721	9	proportion	proportion	NOUN
cjal-3363	721	10	of	of	ADP
cjal-3363	721	11	state	state	NOUN
cjal-3363	721	12	capital	capital	NOUN
cjal-3363	721	13	investment	investment	NOUN
cjal-3363	721	14	2	2	NUM
cjal-3363	721	15	0.50	0.50	NUM
cjal-3363	721	16	0.71	0.71	NUM
cjal-3363	721	17	0	0	NUM
cjal-3363	721	18	1	1	NUM
cjal-3363	721	19	proportion	proportion	NOUN
cjal-3363	721	20	of	of	ADP
cjal-3363	721	21	soes	soe	NOUN
cjal-3363	721	22	’	'	PUNCT
cjal-3363	721	23	revenue	revenue	NOUN
cjal-3363	721	24	2	2	NUM
cjal-3363	721	25	0.50	0.50	NUM
cjal-3363	721	26	0.71	0.71	NUM
cjal-3363	721	27	0	0	NUM
cjal-3363	721	28	1	1	NUM
cjal-3363	721	29	year	year	NOUN
cjal-3363	721	30	2	2	NUM
cjal-3363	721	31	2012	2012	NUM
cjal-3363	721	32	1	1	NUM
cjal-3363	721	33	2011	2011	NUM
cjal-3363	721	34	2012	2012	NUM
cjal-3363	721	35	figure	figure	NOUN
cjal-3363	721	36	6	6	NUM
cjal-3363	721	37	:	:	PUNCT
cjal-3363	721	38	average	average	ADJ
cjal-3363	721	39	percentage	percentage	NOUN
cjal-3363	721	40	of	of	ADP
cjal-3363	721	41	capital	capital	NOUN
cjal-3363	721	42	investment	investment	NOUN
cjal-3363	721	43	that	that	PRON
cjal-3363	721	44	is	be	AUX
cjal-3363	721	45	owned	own	VERB
cjal-3363	721	46	by	by	ADP
cjal-3363	721	47	the	the	DET
cjal-3363	721	48	state	state	NOUN
cjal-3363	721	49	by	by	ADP
cjal-3363	721	50	number	number	NOUN
cjal-3363	721	51	of	of	ADP
cjal-3363	721	52	adjustments	adjustment	NOUN
cjal-3363	721	53	of	of	ADP
cjal-3363	721	54	water	water	NOUN
cjal-3363	721	55	tariffs	tariff	NOUN
cjal-3363	721	56	for	for	ADP
cjal-3363	721	57	industrial	industrial	ADJ
cjal-3363	721	58	use(2005	use(2005	NOUN
cjal-3363	721	59	to	to	ADP
cjal-3363	721	60	2012	2012	NUM
cjal-3363	721	61	)	)	PUNCT
cjal-3363	721	62	the	the	DET
cjal-3363	721	63	results	result	NOUN
cjal-3363	721	64	of	of	ADP
cjal-3363	721	65	the	the	DET
cjal-3363	721	66	regressions	regression	NOUN
cjal-3363	721	67	are	be	AUX
cjal-3363	721	68	plotted	plot	VERB
cjal-3363	721	69	in	in	ADP
cjal-3363	721	70	figure	figure	NOUN
cjal-3363	721	71	11	11	NUM
cjal-3363	721	72	and	and	CCONJ
cjal-3363	721	73	table	table	NOUN
cjal-3363	721	74	5	5	NUM
cjal-3363	721	75	below	below	ADV
cjal-3363	721	76	.	.	PUNCT
cjal-3363	722	1	in	in	ADP
cjal-3363	722	2	figure	figure	NOUN
cjal-3363	722	3	11	11	NUM
cjal-3363	722	4	,	,	PUNCT
cjal-3363	722	5	the	the	DET
cjal-3363	722	6	red	red	ADJ
cjal-3363	722	7	line	line	NOUN
cjal-3363	722	8	represents	represent	VERB
cjal-3363	722	9	the	the	DET
cjal-3363	722	10	95	95	NUM
cjal-3363	722	11	%	%	NOUN
cjal-3363	722	12	confidence	confidence	NOUN
cjal-3363	722	13	interval	interval	NOUN
cjal-3363	722	14	.	.	PUNCT
cjal-3363	723	1	the	the	DET
cjal-3363	723	2	coefficients	coefficient	NOUN
cjal-3363	723	3	of	of	ADP
cjal-3363	723	4	“	"	PUNCT
cjal-3363	723	5	adjustment	adjustment	NOUN
cjal-3363	723	6	”	"	PUNCT
cjal-3363	723	7	are	be	AUX
cjal-3363	723	8	statistically	statistically	ADV
cjal-3363	723	9	significant	significant	ADJ
cjal-3363	723	10	at	at	ADP
cjal-3363	723	11	the	the	DET
cjal-3363	723	12	0.05	0.05	NUM
cjal-3363	723	13	level	level	NOUN
cjal-3363	723	14	in	in	ADP
cjal-3363	723	15	all	all	DET
cjal-3363	723	16	but	but	CCONJ
cjal-3363	723	17	two	two	NUM
cjal-3363	723	18	models	model	NOUN
cjal-3363	723	19	.	.	PUNCT
cjal-3363	724	1	in	in	ADP
cjal-3363	724	2	those	those	DET
cjal-3363	724	3	two	two	NUM
cjal-3363	724	4	models	model	NOUN
cjal-3363	724	5	,	,	PUNCT
cjal-3363	724	6	the	the	DET
cjal-3363	724	7	coefficients	coefficient	NOUN
cjal-3363	724	8	are	be	AUX
cjal-3363	724	9	still	still	ADV
cjal-3363	724	10	marginally	marginally	ADV
cjal-3363	724	11	significant	significant	ADJ
cjal-3363	724	12	at	at	ADP
cjal-3363	724	13	the	the	DET
cjal-3363	724	14	0.1	0.1	NUM
cjal-3363	724	15	level	level	NOUN
cjal-3363	724	16	.	.	PUNCT
cjal-3363	725	1	in	in	ADP
cjal-3363	725	2	all	all	DET
cjal-3363	725	3	models	model	NOUN
cjal-3363	725	4	,	,	PUNCT
cjal-3363	725	5	i	i	PRON
cjal-3363	725	6	used	use	VERB
cjal-3363	725	7	clustered	clustered	ADJ
cjal-3363	725	8	standard	standard	ADJ
cjal-3363	725	9	errors	error	NOUN
cjal-3363	725	10	to	to	PART
cjal-3363	725	11	calculate	calculate	VERB
cjal-3363	725	12	the	the	DET
cjal-3363	725	13	level	level	NOUN
cjal-3363	725	14	of	of	ADP
cjal-3363	725	15	statistical	statistical	ADJ
cjal-3363	725	16	significance	significance	NOUN
cjal-3363	725	17	.	.	PUNCT
cjal-3363	726	1	these	these	DET
cjal-3363	726	2	results	result	NOUN
cjal-3363	726	3	strongly	strongly	ADV
cjal-3363	726	4	indicate	indicate	VERB
cjal-3363	726	5	that	that	SCONJ
cjal-3363	726	6	the	the	DET
cjal-3363	726	7	more	more	ADJ
cjal-3363	726	8	times	time	NOUN
cjal-3363	726	9	a	a	DET
cjal-3363	726	10	city	city	NOUN
cjal-3363	726	11	adjusts	adjust	VERB
cjal-3363	726	12	its	its	PRON
cjal-3363	726	13	water	water	NOUN
cjal-3363	726	14	tariffs	tariff	NOUN
cjal-3363	726	15	,	,	PUNCT
cjal-3363	726	16	the	the	PRON
cjal-3363	726	17	lower	low	ADJ
cjal-3363	726	18	the	the	DET
cjal-3363	726	19	proportion	proportion	NOUN
cjal-3363	726	20	of	of	ADP
cjal-3363	726	21	state	state	NOUN
cjal-3363	726	22	investment	investment	NOUN
cjal-3363	726	23	becomes	become	VERB
cjal-3363	726	24	.	.	PUNCT
cjal-3363	727	1	p	p	X
cjal-3363	728	1	ro	ro	X
cjal-3363	728	2	p	p	X
cjal-3363	728	3	o	o	X
cjal-3363	728	4	rtio	rtio	NOUN
cjal-3363	728	5	n	n	INTJ
cjal-3363	729	1	o	o	NOUN
cjal-3363	729	2	f	f	X
cjal-3363	729	3	s	s	VERB
cjal-3363	729	4	tate	tate	NOUN
cjal-3363	729	5	in	in	ADP
cjal-3363	729	6	v	v	NUM
cjal-3363	729	7	estm	estm	NOUN
cjal-3363	729	8	en	en	ADP
cjal-3363	729	9	t	t	NOUN
cjal-3363	729	10	number	number	NOUN
cjal-3363	729	11	of	of	ADP
cjal-3363	729	12	water	water	NOUN
cjal-3363	729	13	tariff	tariff	NOUN
cjal-3363	729	14	adjustments	adjustment	NOUN
cjal-3363	729	15	(	(	PUNCT
cjal-3363	729	16	industrial	industrial	ADJ
cjal-3363	729	17	use	use	NOUN
cjal-3363	729	18	)	)	PUNCT
cjal-3363	729	19	2017	2017	NUM
cjal-3363	729	20	]	]	PUNCT
cjal-3363	729	21	state	state	NOUN
cjal-3363	729	22	ownership	ownership	NOUN
cjal-3363	729	23	and	and	CCONJ
cjal-3363	729	24	regulatory	regulatory	ADJ
cjal-3363	729	25	costs	cost	NOUN
cjal-3363	729	26	43	43	NUM
cjal-3363	729	27	figure	figure	NOUN
cjal-3363	729	28	7	7	NUM
cjal-3363	729	29	:	:	PUNCT
cjal-3363	729	30	coefficient	coefficient	NOUN
cjal-3363	729	31	plots	plot	NOUN
cjal-3363	729	32	using	use	VERB
cjal-3363	729	33	time	time	NOUN
cjal-3363	729	34	series	series	PROPN
cjal-3363	729	35	cross	cross	PROPN
cjal-3363	729	36	sectional	sectional	PROPN
cjal-3363	729	37	data	data	PROPN
cjal-3363	729	38	columbia	columbia	PROPN
cjal-3363	729	39	journal	journal	PROPN
cjal-3363	729	40	of	of	ADP
cjal-3363	729	41	asian	asian	ADJ
cjal-3363	729	42	law	law	NOUN
cjal-3363	730	1	[	[	X
cjal-3363	730	2	vol	vol	NOUN
cjal-3363	730	3	.	.	PUNCT
cjal-3363	731	1	31:1	31:1	NUM
cjal-3363	731	2	44	44	NUM
cjal-3363	731	3	table	table	NOUN
cjal-3363	731	4	5	5	NUM
cjal-3363	731	5	:	:	PUNCT
cjal-3363	731	6	regression	regression	NOUN
cjal-3363	731	7	results	result	NOUN
cjal-3363	731	8	of	of	ADP
cjal-3363	731	9	fixed	fix	VERB
cjal-3363	731	10	effects	effect	NOUN
cjal-3363	731	11	and	and	CCONJ
cjal-3363	731	12	random	random	ADJ
cjal-3363	731	13	effects	effect	NOUN
cjal-3363	731	14	models	model	NOUN
cjal-3363	731	15	dependent	dependent	ADJ
cjal-3363	731	16	variable	variable	NOUN
cjal-3363	731	17	(	(	PUNCT
cjal-3363	731	18	1	1	NUM
cjal-3363	731	19	)	)	PUNCT
cjal-3363	731	20	(	(	PUNCT
cjal-3363	731	21	2	2	NUM
cjal-3363	731	22	)	)	PUNCT
cjal-3363	731	23	(	(	PUNCT
cjal-3363	731	24	3	3	X
cjal-3363	731	25	)	)	PUNCT
cjal-3363	731	26	(	(	PUNCT
cjal-3363	731	27	4	4	NUM
cjal-3363	731	28	)	)	PUNCT
cjal-3363	731	29	(	(	PUNCT
cjal-3363	731	30	5	5	NUM
cjal-3363	731	31	)	)	PUNCT
cjal-3363	731	32	(	(	PUNCT
cjal-3363	731	33	6	6	NUM
cjal-3363	731	34	)	)	PUNCT
cjal-3363	731	35	(	(	PUNCT
cjal-3363	731	36	7	7	NUM
cjal-3363	731	37	)	)	PUNCT
cjal-3363	731	38	(	(	PUNCT
cjal-3363	731	39	8)	8)	NUM
cjal-3363	731	40	(	(	PUNCT
cjal-3363	731	41	9	9	NUM
cjal-3363	731	42	)	)	PUNCT
cjal-3363	731	43	(	(	PUNCT
cjal-3363	731	44	10	10	NUM
cjal-3363	731	45	)	)	PUNCT
cjal-3363	731	46	(	(	PUNCT
cjal-3363	731	47	11	11	NUM
cjal-3363	731	48	)	)	PUNCT
cjal-3363	731	49	(	(	PUNCT
cjal-3363	731	50	12	12	NUM
cjal-3363	731	51	)	)	PUNCT
cjal-3363	731	52	(	(	PUNCT
cjal-3363	731	53	13	13	NUM
cjal-3363	731	54	)	)	PUNCT
cjal-3363	731	55	(	(	PUNCT
cjal-3363	731	56	14	14	NUM
cjal-3363	731	57	)	)	PUNCT
cjal-3363	731	58	(	(	PUNCT
cjal-3363	731	59	15	15	NUM
cjal-3363	731	60	)	)	PUNCT
cjal-3363	731	61	(	(	PUNCT
cjal-3363	731	62	16	16	NUM
cjal-3363	731	63	)	)	PUNCT
cjal-3363	731	64	inves	inve	VERB
cjal-3363	731	65	tmen	tman	NOUN
cjal-3363	731	66	t	t	PROPN
cjal-3363	731	67	inves	inve	VERB
cjal-3363	731	68	tmen	tman	NOUN
cjal-3363	731	69	t	t	PROPN
cjal-3363	731	70	inves	inve	VERB
cjal-3363	731	71	tmen	tman	NOUN
cjal-3363	731	72	t	t	PROPN
cjal-3363	731	73	inves	inve	VERB
cjal-3363	731	74	tmen	tman	NOUN
cjal-3363	731	75	t	t	PROPN
cjal-3363	731	76	inves	inve	VERB
cjal-3363	731	77	tmen	tman	NOUN
cjal-3363	731	78	t	t	PROPN
cjal-3363	731	79	inves	inve	VERB
cjal-3363	731	80	tmen	tman	NOUN
cjal-3363	731	81	t	t	PROPN
cjal-3363	731	82	inves	inve	VERB
cjal-3363	731	83	tmen	tman	NOUN
cjal-3363	731	84	t	t	PROPN
cjal-3363	731	85	inves	inve	VERB
cjal-3363	731	86	tmen	tman	NOUN
cjal-3363	731	87	t	t	PROPN
cjal-3363	731	88	reven	reven	NOUN
cjal-3363	731	89	ue	ue	PROPN
cjal-3363	731	90	reven	reven	PROPN
cjal-3363	731	91	ue	ue	PROPN
cjal-3363	731	92	reven	reven	NOUN
cjal-3363	731	93	ue	ue	PROPN
cjal-3363	731	94	reven	reven	NOUN
cjal-3363	731	95	ue	ue	PROPN
cjal-3363	731	96	reven	reven	NOUN
cjal-3363	731	97	ue	ue	PROPN
cjal-3363	731	98	reven	reven	NOUN
cjal-3363	731	99	ue	ue	PROPN
cjal-3363	731	100	reven	reven	NOUN
cjal-3363	731	101	ue	ue	PROPN
cjal-3363	731	102	reve	reve	PROPN
cjal-3363	731	103	nue	nue	PROPN
cjal-3363	732	1	numbe	numbe	NOUN
cjal-3363	732	2	r	r	NOUN
cjal-3363	732	3	of	of	ADP
cjal-3363	732	4	water	water	NOUN
cjal-3363	732	5	tariff	tariff	NOUN
cjal-3363	732	6	adjust	adjust	VERB
cjal-3363	732	7	ment(i	ment(i	PROPN
cjal-3363	732	8	ndustri	ndustri	PROPN
cjal-3363	732	9	al	al	PROPN
cjal-3363	732	10	)	)	PUNCT
cjal-3363	732	11	0.08	0.08	NUM
cjal-3363	732	12	5	5	NUM
cjal-3363	732	13	*	*	SYM
cjal-3363	732	14	*	*	NOUN
cjal-3363	732	15	0.06	0.06	NUM
cjal-3363	732	16	5	5	NUM
cjal-3363	732	17	*	*	NOUN
cjal-3363	732	18	0.05	0.05	NUM
cjal-3363	732	19	8	8	NUM
cjal-3363	732	20	*	*	SYM
cjal-3363	732	21	*	*	NOUN
cjal-3363	732	22	0.05	0.05	NUM
cjal-3363	732	23	3	3	NUM
cjal-3363	732	24	*	*	SYM
cjal-3363	732	25	*	*	NOUN
cjal-3363	732	26	0.08	0.08	NUM
cjal-3363	732	27	9	9	NUM
cjal-3363	732	28	*	*	SYM
cjal-3363	732	29	*	*	NOUN
cjal-3363	732	30	0.07	0.07	NUM
cjal-3363	732	31	2	2	NUM
cjal-3363	732	32	*	*	SYM
cjal-3363	732	33	*	*	NOUN
cjal-3363	732	34	0.06	0.06	NUM
cjal-3363	732	35	1	1	NUM
cjal-3363	732	36	*	*	SYM
cjal-3363	732	37	*	*	NOUN
cjal-3363	732	38	0.06	0.06	NUM
cjal-3363	732	39	5	5	NUM
cjal-3363	732	40	*	*	SYM
cjal-3363	732	41	*	*	PUNCT
cjal-3363	732	42	(	(	PUNCT
cjal-3363	732	43	0.03	0.03	NUM
cjal-3363	732	44	3	3	NUM
cjal-3363	732	45	)	)	PUNCT
cjal-3363	732	46	(	(	PUNCT
cjal-3363	732	47	0.03	0.03	NUM
cjal-3363	732	48	2	2	NUM
cjal-3363	732	49	)	)	PUNCT
cjal-3363	732	50	(	(	PUNCT
cjal-3363	732	51	0.02	0.02	NUM
cjal-3363	732	52	3	3	NUM
cjal-3363	732	53	)	)	PUNCT
cjal-3363	732	54	(	(	PUNCT
cjal-3363	732	55	0.02	0.02	NUM
cjal-3363	732	56	5	5	NUM
cjal-3363	732	57	)	)	PUNCT
cjal-3363	732	58	(	(	PUNCT
cjal-3363	732	59	0.03	0.03	NUM
cjal-3363	732	60	4	4	NUM
cjal-3363	732	61	)	)	PUNCT
cjal-3363	732	62	(	(	PUNCT
cjal-3363	732	63	0.03	0.03	NUM
cjal-3363	732	64	2	2	NUM
cjal-3363	732	65	)	)	PUNCT
cjal-3363	732	66	(	(	PUNCT
cjal-3363	732	67	0.03	0.03	NUM
cjal-3363	732	68	0	0	NUM
cjal-3363	732	69	)	)	PUNCT
cjal-3363	732	70	(	(	PUNCT
cjal-3363	732	71	0.02	0.02	NUM
cjal-3363	732	72	9	9	NUM
cjal-3363	732	73	)	)	PUNCT
cjal-3363	732	74	numbe	numbe	NOUN
cjal-3363	732	75	r	r	NOUN
cjal-3363	732	76	of	of	ADP
cjal-3363	732	77	water	water	NOUN
cjal-3363	732	78	tariff	tariff	NOUN
cjal-3363	732	79	adjust	adjust	VERB
cjal-3363	732	80	ment(i	ment(i	PROPN
cjal-3363	732	81	ndustri	ndustri	PROPN
cjal-3363	732	82	al	al	PROPN
cjal-3363	732	83	)	)	PUNCT
cjal-3363	732	84	0.07	0.07	NUM
cjal-3363	732	85	9	9	NUM
cjal-3363	732	86	*	*	SYM
cjal-3363	732	87	0.06	0.06	NUM
cjal-3363	732	88	5	5	NUM
cjal-3363	732	89	*	*	SYM
cjal-3363	732	90	0.06	0.06	NUM
cjal-3363	732	91	7	7	NUM
cjal-3363	732	92	*	*	PUNCT
cjal-3363	732	93	*	*	PUNCT
cjal-3363	732	94	*	*	NOUN
cjal-3363	732	95	0.06	0.06	NUM
cjal-3363	732	96	7	7	NUM
cjal-3363	732	97	*	*	PUNCT
cjal-3363	732	98	*	*	PUNCT
cjal-3363	732	99	*	*	PUNCT
cjal-3363	732	100	0.10	0.10	NUM
cjal-3363	732	101	6	6	NUM
cjal-3363	732	102	*	*	SYM
cjal-3363	732	103	*	*	PUNCT
cjal-3363	732	104	0.09	0.09	NUM
cjal-3363	732	105	8	8	NUM
cjal-3363	732	106	*	*	SYM
cjal-3363	732	107	*	*	NOUN
cjal-3363	732	108	0.08	0.08	NUM
cjal-3363	732	109	0	0	NUM
cjal-3363	732	110	*	*	PUNCT
cjal-3363	732	111	*	*	PUNCT
cjal-3363	732	112	0.09	0.09	NUM
cjal-3363	732	113	5	5	NUM
cjal-3363	732	114	*	*	PUNCT
cjal-3363	732	115	*	*	PUNCT
cjal-3363	732	116	*	*	PUNCT
cjal-3363	732	117	(	(	PUNCT
cjal-3363	732	118	0.04	0.04	NUM
cjal-3363	732	119	1	1	NUM
cjal-3363	732	120	)	)	PUNCT
cjal-3363	732	121	(	(	PUNCT
cjal-3363	732	122	0.03	0.03	NUM
cjal-3363	732	123	7	7	NUM
cjal-3363	732	124	)	)	PUNCT
cjal-3363	732	125	(	(	PUNCT
cjal-3363	732	126	0.02	0.02	NUM
cjal-3363	732	127	2	2	NUM
cjal-3363	732	128	)	)	PUNCT
cjal-3363	732	129	(	(	PUNCT
cjal-3363	732	130	0.02	0.02	NUM
cjal-3363	732	131	2	2	NUM
cjal-3363	732	132	)	)	PUNCT
cjal-3363	732	133	(	(	PUNCT
cjal-3363	732	134	0.04	0.04	NUM
cjal-3363	732	135	2	2	NUM
cjal-3363	732	136	)	)	PUNCT
cjal-3363	732	137	(	(	PUNCT
cjal-3363	732	138	0.04	0.04	NUM
cjal-3363	732	139	1	1	NUM
cjal-3363	732	140	)	)	PUNCT
cjal-3363	732	141	(	(	PUNCT
cjal-3363	732	142	0.03	0.03	NUM
cjal-3363	732	143	5	5	NUM
cjal-3363	732	144	)	)	PUNCT
cjal-3363	732	145	(	(	PUNCT
cjal-3363	732	146	0.03	0.03	NUM
cjal-3363	732	147	6	6	NUM
cjal-3363	732	148	)	)	PUNCT
cjal-3363	732	149	2017	2017	NUM
cjal-3363	732	150	]	]	PUNCT
cjal-3363	732	151	state	state	NOUN
cjal-3363	732	152	ownership	ownership	NOUN
cjal-3363	732	153	and	and	CCONJ
cjal-3363	732	154	regulatory	regulatory	ADJ
cjal-3363	732	155	costs	cost	NOUN
cjal-3363	732	156	45	45	NUM
cjal-3363	732	157	gdp	gdp	NOUN
cjal-3363	732	158	per	per	ADP
cjal-3363	732	159	capita	capita	NOUN
cjal-3363	732	160	0.78	0.78	NUM
cjal-3363	732	161	3	3	NUM
cjal-3363	732	162	0.69	0.69	NUM
cjal-3363	732	163	0	0	NUM
cjal-3363	732	164	0.70	0.70	NUM
cjal-3363	732	165	9	9	NUM
cjal-3363	732	166	1.36	1.36	NUM
cjal-3363	732	167	5	5	NUM
cjal-3363	732	168	0.66	0.66	NUM
cjal-3363	732	169	7	7	NUM
cjal-3363	732	170	0.82	0.82	NUM
cjal-3363	732	171	6	6	NUM
cjal-3363	732	172	0.64	0.64	NUM
cjal-3363	732	173	9	9	NUM
cjal-3363	732	174	0.77	0.77	NUM
cjal-3363	732	175	2	2	NUM
cjal-3363	732	176	1.15	1.15	NUM
cjal-3363	732	177	7	7	NUM
cjal-3363	732	178	0.64	0.64	NUM
cjal-3363	732	179	8	8	NUM
cjal-3363	732	180	0.11	0.11	NUM
cjal-3363	732	181	8	8	NUM
cjal-3363	732	182	0.46	0.46	NUM
cjal-3363	732	183	8	8	NUM
cjal-3363	732	184	1.87	1.87	NUM
cjal-3363	732	185	5	5	NUM
cjal-3363	732	186	2.03	2.03	NUM
cjal-3363	732	187	4	4	NUM
cjal-3363	732	188	2.50	2.50	NUM
cjal-3363	732	189	0	0	NUM
cjal-3363	732	190	2.77	2.77	NUM
cjal-3363	732	191	8	8	NUM
cjal-3363	732	192	(	(	PUNCT
cjal-3363	732	193	2.57	2.57	NUM
cjal-3363	732	194	0	0	NUM
cjal-3363	732	195	)	)	PUNCT
cjal-3363	732	196	(	(	PUNCT
cjal-3363	732	197	2.45	2.45	NUM
cjal-3363	732	198	0	0	NUM
cjal-3363	732	199	)	)	PUNCT
cjal-3363	732	200	(	(	PUNCT
cjal-3363	732	201	3.80	3.80	NUM
cjal-3363	732	202	1	1	NUM
cjal-3363	732	203	)	)	PUNCT
cjal-3363	732	204	(	(	PUNCT
cjal-3363	732	205	3.49	3.49	NUM
cjal-3363	732	206	5	5	NUM
cjal-3363	732	207	)	)	PUNCT
cjal-3363	732	208	(	(	PUNCT
cjal-3363	732	209	1.28	1.28	NUM
cjal-3363	732	210	0	0	NUM
cjal-3363	732	211	)	)	PUNCT
cjal-3363	732	212	(	(	PUNCT
cjal-3363	732	213	1.13	1.13	NUM
cjal-3363	732	214	3	3	NUM
cjal-3363	732	215	)	)	PUNCT
cjal-3363	732	216	(	(	PUNCT
cjal-3363	732	217	1.23	1.23	NUM
cjal-3363	732	218	4	4	NUM
cjal-3363	732	219	)	)	PUNCT
cjal-3363	732	220	(	(	PUNCT
cjal-3363	732	221	1.11	1.11	NUM
cjal-3363	732	222	0	0	NUM
cjal-3363	732	223	)	)	PUNCT
cjal-3363	732	224	(	(	PUNCT
cjal-3363	732	225	2.44	2.44	NUM
cjal-3363	732	226	1	1	NUM
cjal-3363	732	227	)	)	PUNCT
cjal-3363	732	228	(	(	PUNCT
cjal-3363	732	229	2.35	2.35	NUM
cjal-3363	732	230	0	0	NUM
cjal-3363	732	231	)	)	PUNCT
cjal-3363	732	232	(	(	PUNCT
cjal-3363	732	233	4.00	4.00	NUM
cjal-3363	732	234	4	4	NUM
cjal-3363	732	235	)	)	PUNCT
cjal-3363	732	236	(	(	PUNCT
cjal-3363	732	237	3.67	3.67	NUM
cjal-3363	732	238	6	6	NUM
cjal-3363	732	239	)	)	PUNCT
cjal-3363	732	240	(	(	PUNCT
cjal-3363	732	241	2.19	2.19	NUM
cjal-3363	732	242	6	6	NUM
cjal-3363	732	243	)	)	PUNCT
cjal-3363	732	244	(	(	PUNCT
cjal-3363	732	245	1.99	1.99	NUM
cjal-3363	732	246	2	2	NUM
cjal-3363	732	247	)	)	PUNCT
cjal-3363	732	248	(	(	PUNCT
cjal-3363	732	249	2.06	2.06	NUM
cjal-3363	732	250	7	7	NUM
cjal-3363	732	251	)	)	PUNCT
cjal-3363	732	252	(	(	PUNCT
cjal-3363	732	253	1.81	1.81	NUM
cjal-3363	732	254	8)	8)	NUM
cjal-3363	732	255	govern	govern	ADJ
cjal-3363	732	256	ment	ment	ADJ
cjal-3363	732	257	revenu	revenu	NOUN
cjal-3363	732	258	e	e	X
cjal-3363	732	259	per	per	ADP
cjal-3363	732	260	capita	capita	X
cjal-3363	732	261	0.00	0.00	NUM
cjal-3363	732	262	2	2	NUM
cjal-3363	732	263	0.00	0.00	NUM
cjal-3363	732	264	7	7	NUM
cjal-3363	732	265	0.00	0.00	NUM
cjal-3363	732	266	6	6	NUM
cjal-3363	732	267	0.00	0.00	NUM
cjal-3363	732	268	8	8	NUM
cjal-3363	732	269	0.00	0.00	NUM
cjal-3363	732	270	5	5	NUM
cjal-3363	732	271	0.00	0.00	NUM
cjal-3363	732	272	4	4	NUM
cjal-3363	732	273	0.00	0.00	NUM
cjal-3363	732	274	3	3	NUM
cjal-3363	732	275	0.00	0.00	NUM
cjal-3363	732	276	3	3	NUM
cjal-3363	732	277	0.00	0.00	NUM
cjal-3363	732	278	1	1	NUM
cjal-3363	732	279	0.00	0.00	NUM
cjal-3363	732	280	3	3	NUM
cjal-3363	732	281	0.00	0.00	NUM
cjal-3363	732	282	3	3	NUM
cjal-3363	732	283	0.00	0.00	NUM
cjal-3363	732	284	6	6	NUM
cjal-3363	732	285	0.01	0.01	NUM
cjal-3363	732	286	4	4	NUM
cjal-3363	732	287	0.01	0.01	NUM
cjal-3363	732	288	4	4	NUM
cjal-3363	732	289	0.01	0.01	NUM
cjal-3363	732	290	4	4	NUM
cjal-3363	732	291	0.01	0.01	NUM
cjal-3363	732	292	5	5	NUM
cjal-3363	732	293	*	*	SYM
cjal-3363	732	294	(	(	PUNCT
cjal-3363	732	295	0.01	0.01	NUM
cjal-3363	732	296	3	3	NUM
cjal-3363	732	297	)	)	PUNCT
cjal-3363	732	298	(	(	PUNCT
cjal-3363	732	299	0.01	0.01	NUM
cjal-3363	732	300	3	3	NUM
cjal-3363	732	301	)	)	PUNCT
cjal-3363	732	302	(	(	PUNCT
cjal-3363	732	303	0.01	0.01	NUM
cjal-3363	732	304	6	6	NUM
cjal-3363	732	305	)	)	PUNCT
cjal-3363	732	306	(	(	PUNCT
cjal-3363	732	307	0.01	0.01	NUM
cjal-3363	732	308	5	5	NUM
cjal-3363	732	309	)	)	PUNCT
cjal-3363	732	310	(	(	PUNCT
cjal-3363	732	311	0.00	0.00	NUM
cjal-3363	732	312	7	7	NUM
cjal-3363	732	313	)	)	PUNCT
cjal-3363	732	314	(	(	PUNCT
cjal-3363	732	315	0.00	0.00	NUM
cjal-3363	732	316	7	7	NUM
cjal-3363	732	317	)	)	PUNCT
cjal-3363	732	318	(	(	PUNCT
cjal-3363	732	319	0.00	0.00	NUM
cjal-3363	732	320	7	7	NUM
cjal-3363	732	321	)	)	PUNCT
cjal-3363	732	322	(	(	PUNCT
cjal-3363	732	323	0.00	0.00	NUM
cjal-3363	732	324	7	7	NUM
cjal-3363	732	325	)	)	PUNCT
cjal-3363	732	326	(	(	PUNCT
cjal-3363	732	327	0.01	0.01	NUM
cjal-3363	732	328	2	2	NUM
cjal-3363	732	329	)	)	PUNCT
cjal-3363	732	330	(	(	PUNCT
cjal-3363	732	331	0.01	0.01	NUM
cjal-3363	732	332	2	2	NUM
cjal-3363	732	333	)	)	PUNCT
cjal-3363	732	334	(	(	PUNCT
cjal-3363	732	335	0.01	0.01	NUM
cjal-3363	732	336	6	6	NUM
cjal-3363	732	337	)	)	PUNCT
cjal-3363	732	338	(	(	PUNCT
cjal-3363	732	339	0.01	0.01	NUM
cjal-3363	732	340	5	5	NUM
cjal-3363	732	341	)	)	PUNCT
cjal-3363	732	342	(	(	PUNCT
cjal-3363	732	343	0.01	0.01	NUM
cjal-3363	732	344	1	1	NUM
cjal-3363	732	345	)	)	PUNCT
cjal-3363	732	346	(	(	PUNCT
cjal-3363	732	347	0.01	0.01	NUM
cjal-3363	732	348	0	0	NUM
cjal-3363	732	349	)	)	PUNCT
cjal-3363	732	350	(	(	PUNCT
cjal-3363	732	351	0.01	0.01	NUM
cjal-3363	732	352	0	0	NUM
cjal-3363	732	353	)	)	PUNCT
cjal-3363	732	354	(	(	PUNCT
cjal-3363	732	355	0.00	0.00	NUM
cjal-3363	732	356	9	9	NUM
cjal-3363	732	357	)	)	PUNCT
cjal-3363	732	358	consta	consta	PROPN
cjal-3363	732	359	nt	not	PART
cjal-3363	732	360	0.95	0.95	NUM
cjal-3363	732	361	1	1	NUM
cjal-3363	732	362	*	*	PUNCT
cjal-3363	732	363	*	*	PUNCT
cjal-3363	732	364	*	*	NOUN
cjal-3363	732	365	0.97	0.97	NUM
cjal-3363	732	366	9	9	NUM
cjal-3363	732	367	*	*	PUNCT
cjal-3363	732	368	*	*	PUNCT
cjal-3363	732	369	*	*	PUNCT
cjal-3363	732	370	1.00	1.00	NUM
cjal-3363	732	371	8	8	NUM
cjal-3363	732	372	*	*	PUNCT
cjal-3363	732	373	*	*	PUNCT
cjal-3363	732	374	*	*	PUNCT
cjal-3363	732	375	1.03	1.03	NUM
cjal-3363	732	376	8	8	NUM
cjal-3363	732	377	*	*	PUNCT
cjal-3363	732	378	*	*	PUNCT
cjal-3363	732	379	*	*	PUNCT
cjal-3363	732	380	0.98	0.98	NUM
cjal-3363	732	381	3	3	NUM
cjal-3363	732	382	*	*	PUNCT
cjal-3363	732	383	*	*	PUNCT
cjal-3363	732	384	*	*	NOUN
cjal-3363	732	385	0.99	0.99	NUM
cjal-3363	732	386	1	1	NUM
cjal-3363	732	387	*	*	PUNCT
cjal-3363	732	388	*	*	PUNCT
cjal-3363	732	389	*	*	PUNCT
cjal-3363	732	390	1.00	1.00	NUM
cjal-3363	732	391	6	6	NUM
cjal-3363	732	392	*	*	PUNCT
cjal-3363	732	393	*	*	PUNCT
cjal-3363	732	394	*	*	PUNCT
cjal-3363	732	395	1.03	1.03	NUM
cjal-3363	732	396	1	1	NUM
cjal-3363	732	397	*	*	PUNCT
cjal-3363	732	398	*	*	PUNCT
cjal-3363	732	399	*	*	PUNCT
cjal-3363	732	400	0.83	0.83	NUM
cjal-3363	732	401	6	6	NUM
cjal-3363	732	402	*	*	PUNCT
cjal-3363	732	403	*	*	PUNCT
cjal-3363	732	404	*	*	PUNCT
cjal-3363	732	405	0.85	0.85	NUM
cjal-3363	732	406	4	4	NUM
cjal-3363	732	407	*	*	PUNCT
cjal-3363	732	408	*	*	PUNCT
cjal-3363	732	409	*	*	PUNCT
cjal-3363	732	410	0.88	0.88	NUM
cjal-3363	732	411	1	1	NUM
cjal-3363	732	412	*	*	PUNCT
cjal-3363	732	413	*	*	PUNCT
cjal-3363	732	414	*	*	PUNCT
cjal-3363	732	415	0.92	0.92	NUM
cjal-3363	732	416	5	5	NUM
cjal-3363	732	417	*	*	PUNCT
cjal-3363	732	418	*	*	PUNCT
cjal-3363	732	419	*	*	PUNCT
cjal-3363	732	420	0.91	0.91	NUM
cjal-3363	732	421	3	3	NUM
cjal-3363	732	422	*	*	PUNCT
cjal-3363	732	423	*	*	PUNCT
cjal-3363	732	424	*	*	PUNCT
cjal-3363	732	425	0.92	0.92	NUM
cjal-3363	732	426	9	9	NUM
cjal-3363	732	427	*	*	PUNCT
cjal-3363	732	428	*	*	PUNCT
cjal-3363	732	429	*	*	PUNCT
cjal-3363	732	430	0.95	0.95	NUM
cjal-3363	732	431	3	3	NUM
cjal-3363	732	432	*	*	PUNCT
cjal-3363	732	433	*	*	PUNCT
cjal-3363	732	434	*	*	NOUN
cjal-3363	732	435	0.99	0.99	NUM
cjal-3363	732	436	1	1	NUM
cjal-3363	732	437	*	*	PUNCT
cjal-3363	732	438	*	*	PUNCT
cjal-3363	732	439	*	*	PUNCT
cjal-3363	732	440	(	(	PUNCT
cjal-3363	732	441	0.06	0.06	NUM
cjal-3363	732	442	1	1	NUM
cjal-3363	732	443	)	)	PUNCT
cjal-3363	732	444	(	(	PUNCT
cjal-3363	732	445	0.06	0.06	NUM
cjal-3363	732	446	2	2	NUM
cjal-3363	732	447	)	)	PUNCT
cjal-3363	732	448	(	(	PUNCT
cjal-3363	732	449	0.09	0.09	NUM
cjal-3363	732	450	3	3	NUM
cjal-3363	732	451	)	)	PUNCT
cjal-3363	732	452	(	(	PUNCT
cjal-3363	732	453	0.08	0.08	NUM
cjal-3363	732	454	9	9	NUM
cjal-3363	732	455	)	)	PUNCT
cjal-3363	732	456	(	(	PUNCT
cjal-3363	732	457	0.03	0.03	NUM
cjal-3363	732	458	7	7	NUM
cjal-3363	732	459	)	)	PUNCT
cjal-3363	732	460	(	(	PUNCT
cjal-3363	732	461	0.03	0.03	NUM
cjal-3363	732	462	8)	8)	NUM
cjal-3363	732	463	(	(	PUNCT
cjal-3363	732	464	0.03	0.03	NUM
cjal-3363	732	465	3	3	NUM
cjal-3363	732	466	)	)	PUNCT
cjal-3363	732	467	(	(	PUNCT
cjal-3363	732	468	0.03	0.03	NUM
cjal-3363	732	469	8)	8)	NUM
cjal-3363	732	470	(	(	PUNCT
cjal-3363	732	471	0.05	0.05	NUM
cjal-3363	732	472	4	4	NUM
cjal-3363	732	473	)	)	PUNCT
cjal-3363	732	474	(	(	PUNCT
cjal-3363	732	475	0.05	0.05	NUM
cjal-3363	732	476	5	5	NUM
cjal-3363	732	477	)	)	PUNCT
cjal-3363	732	478	(	(	PUNCT
cjal-3363	732	479	0.09	0.09	NUM
cjal-3363	732	480	2	2	NUM
cjal-3363	732	481	)	)	PUNCT
cjal-3363	732	482	(	(	PUNCT
cjal-3363	732	483	0.09	0.09	NUM
cjal-3363	732	484	0	0	NUM
cjal-3363	732	485	)	)	PUNCT
cjal-3363	732	486	(	(	PUNCT
cjal-3363	732	487	0.06	0.06	NUM
cjal-3363	732	488	8)	8)	NUM
cjal-3363	732	489	(	(	PUNCT
cjal-3363	732	490	0.06	0.06	NUM
cjal-3363	732	491	7	7	NUM
cjal-3363	732	492	)	)	PUNCT
cjal-3363	732	493	(	(	PUNCT
cjal-3363	732	494	0.06	0.06	NUM
cjal-3363	732	495	6	6	NUM
cjal-3363	732	496	)	)	PUNCT
cjal-3363	732	497	(	(	PUNCT
cjal-3363	732	498	0.06	0.06	NUM
cjal-3363	732	499	9	9	NUM
cjal-3363	732	500	)	)	PUNCT
cjal-3363	732	501	fixed	fix	VERB
cjal-3363	732	502	effects	effect	NOUN
cjal-3363	732	503	/	/	SYM
cjal-3363	732	504	rando	rando	PROPN
cjal-3363	732	505	m	m	PROPN
cjal-3363	732	506	effects	effect	NOUN
cjal-3363	732	507	city	city	PROPN
cjal-3363	732	508	fixe	fixe	PROPN
cjal-3363	732	509	d	d	PROPN
cjal-3363	732	510	effec	effec	PROPN
cjal-3363	732	511	ts	ts	ADP
cjal-3363	732	512	city	city	PROPN
cjal-3363	732	513	fixe	fixe	PROPN
cjal-3363	732	514	d	d	PROPN
cjal-3363	732	515	effec	effec	PROPN
cjal-3363	732	516	ts	ts	ADP
cjal-3363	732	517	city	city	PROPN
cjal-3363	732	518	and	and	CCONJ
cjal-3363	732	519	time	time	NOUN
cjal-3363	732	520	fixe	fixe	PROPN
cjal-3363	732	521	d	d	PROPN
cjal-3363	732	522	effec	effec	PROPN
cjal-3363	732	523	ts	ts	ADP
cjal-3363	732	524	city	city	PROPN
cjal-3363	732	525	and	and	CCONJ
cjal-3363	732	526	time	time	NOUN
cjal-3363	732	527	fixe	fixe	PROPN
cjal-3363	732	528	d	d	PROPN
cjal-3363	732	529	effec	effec	PROPN
cjal-3363	732	530	ts	ts	ADP
cjal-3363	732	531	city	city	PROPN
cjal-3363	732	532	rand	rand	PROPN
cjal-3363	732	533	om	om	PROPN
cjal-3363	732	534	effec	effec	PROPN
cjal-3363	732	535	ts	ts	ADP
cjal-3363	732	536	city	city	PROPN
cjal-3363	732	537	rand	rand	PROPN
cjal-3363	732	538	om	om	PROPN
cjal-3363	732	539	effec	effec	PROPN
cjal-3363	732	540	ts	ts	ADP
cjal-3363	732	541	city	city	PROPN
cjal-3363	732	542	rand	rand	PROPN
cjal-3363	732	543	om	om	PROPN
cjal-3363	732	544	effec	effec	PROPN
cjal-3363	732	545	ts	ts	ADP
cjal-3363	732	546	and	and	CCONJ
cjal-3363	732	547	time	time	NOUN
cjal-3363	732	548	city	city	PROPN
cjal-3363	732	549	rand	rand	PROPN
cjal-3363	732	550	om	om	PROPN
cjal-3363	732	551	effec	effec	PROPN
cjal-3363	732	552	ts	ts	ADP
cjal-3363	732	553	and	and	CCONJ
cjal-3363	732	554	time	time	NOUN
cjal-3363	732	555	city	city	PROPN
cjal-3363	732	556	fixe	fixe	PROPN
cjal-3363	732	557	d	d	PROPN
cjal-3363	732	558	effec	effec	PROPN
cjal-3363	732	559	ts	ts	ADP
cjal-3363	732	560	city	city	PROPN
cjal-3363	732	561	fixe	fixe	PROPN
cjal-3363	732	562	d	d	PROPN
cjal-3363	732	563	effec	effec	PROPN
cjal-3363	732	564	ts	ts	ADP
cjal-3363	732	565	city	city	PROPN
cjal-3363	732	566	and	and	CCONJ
cjal-3363	732	567	time	time	NOUN
cjal-3363	732	568	fixe	fixe	PROPN
cjal-3363	732	569	d	d	PROPN
cjal-3363	732	570	effec	effec	PROPN
cjal-3363	732	571	ts	ts	ADP
cjal-3363	732	572	city	city	PROPN
cjal-3363	732	573	and	and	CCONJ
cjal-3363	732	574	time	time	NOUN
cjal-3363	732	575	fixe	fixe	PROPN
cjal-3363	732	576	d	d	PROPN
cjal-3363	732	577	effec	effec	PROPN
cjal-3363	732	578	ts	ts	ADP
cjal-3363	732	579	city	city	PROPN
cjal-3363	732	580	rand	rand	PROPN
cjal-3363	732	581	om	om	PROPN
cjal-3363	732	582	effec	effec	PROPN
cjal-3363	732	583	ts	ts	ADP
cjal-3363	732	584	city	city	PROPN
cjal-3363	732	585	rand	rand	PROPN
cjal-3363	732	586	om	om	PROPN
cjal-3363	732	587	effec	effec	PROPN
cjal-3363	732	588	ts	ts	ADP
cjal-3363	732	589	city	city	PROPN
cjal-3363	732	590	rand	rand	PROPN
cjal-3363	732	591	om	om	PROPN
cjal-3363	732	592	effec	effec	PROPN
cjal-3363	732	593	ts	ts	ADP
cjal-3363	732	594	and	and	CCONJ
cjal-3363	732	595	time	time	NOUN
cjal-3363	732	596	city	city	PROPN
cjal-3363	732	597	rand	rand	PROPN
cjal-3363	732	598	om	om	PROPN
cjal-3363	732	599	effec	effec	PROPN
cjal-3363	732	600	ts	ts	ADP
cjal-3363	732	601	and	and	CCONJ
cjal-3363	732	602	time	time	PROPN
cjal-3363	732	603	columbia	columbia	PROPN
cjal-3363	732	604	journal	journal	PROPN
cjal-3363	732	605	of	of	ADP
cjal-3363	732	606	asian	asian	ADJ
cjal-3363	732	607	law	law	NOUN
cjal-3363	733	1	[	[	X
cjal-3363	733	2	vol	vol	NOUN
cjal-3363	733	3	.	.	PUNCT
cjal-3363	734	1	31:1	31:1	NUM
cjal-3363	734	2	46	46	NUM
cjal-3363	734	3	fixe	fixe	NOUN
cjal-3363	734	4	d	d	PROPN
cjal-3363	734	5	effec	effec	PROPN
cjal-3363	734	6	ts	ts	ADP
cjal-3363	734	7	fixe	fixe	PROPN
cjal-3363	734	8	d	d	PROPN
cjal-3363	734	9	effec	effec	PROPN
cjal-3363	734	10	ts	ts	ADP
cjal-3363	734	11	fixe	fixe	PROPN
cjal-3363	734	12	d	d	PROPN
cjal-3363	734	13	effec	effec	PROPN
cjal-3363	734	14	ts	ts	ADP
cjal-3363	734	15	fixe	fixe	PROPN
cjal-3363	734	16	d	d	PROPN
cjal-3363	734	17	effec	effec	PROPN
cjal-3363	734	18	ts	ts	ADP
cjal-3363	734	19	observ	observ	PROPN
cjal-3363	734	20	ations	ation	NOUN
cjal-3363	734	21	195	195	NUM
cjal-3363	734	22	195	195	NUM
cjal-3363	734	23	195	195	NUM
cjal-3363	734	24	195	195	NUM
cjal-3363	734	25	195	195	NUM
cjal-3363	734	26	195	195	NUM
cjal-3363	734	27	195	195	NUM
cjal-3363	734	28	195	195	NUM
cjal-3363	734	29	195	195	NUM
cjal-3363	734	30	195	195	NUM
cjal-3363	734	31	195	195	NUM
cjal-3363	734	32	195	195	NUM
cjal-3363	734	33	195	195	NUM
cjal-3363	734	34	195	195	NUM
cjal-3363	734	35	195	195	NUM
cjal-3363	734	36	195	195	NUM
cjal-3363	734	37	rsquare	rsquare	NOUN
cjal-3363	734	38	d	d	NOUN
cjal-3363	734	39	0.11	0.11	NUM
cjal-3363	734	40	9	9	NUM
cjal-3363	734	41	0.09	0.09	NUM
cjal-3363	734	42	8	8	NUM
cjal-3363	734	43	0.19	0.19	NUM
cjal-3363	734	44	9	9	NUM
cjal-3363	734	45	0.19	0.19	NUM
cjal-3363	734	46	8	8	NUM
cjal-3363	734	47	0.11	0.11	NUM
cjal-3363	734	48	1	1	NUM
cjal-3363	734	49	0.09	0.09	NUM
cjal-3363	734	50	4	4	NUM
cjal-3363	734	51	0.19	0.19	NUM
cjal-3363	734	52	7	7	NUM
cjal-3363	734	53	0.19	0.19	NUM
cjal-3363	734	54	6	6	NUM
cjal-3363	734	55	0.11	0.11	NUM
cjal-3363	734	56	2	2	NUM
cjal-3363	734	57	0.12	0.12	NUM
cjal-3363	734	58	4	4	NUM
cjal-3363	734	59	0.16	0.16	NUM
cjal-3363	734	60	3	3	NUM
cjal-3363	734	61	0.18	0.18	NUM
cjal-3363	734	62	9	9	NUM
cjal-3363	734	63	0.1	0.1	NUM
cjal-3363	734	64	0.11	0.11	NUM
cjal-3363	734	65	2	2	NUM
cjal-3363	734	66	0.15	0.15	NUM
cjal-3363	734	67	9	9	NUM
cjal-3363	734	68	0.18	0.18	NUM
cjal-3363	734	69	6	6	NUM
cjal-3363	734	70	numbe	numbe	NOUN
cjal-3363	734	71	r	r	NOUN
cjal-3363	734	72	of	of	ADP
cjal-3363	734	73	cities	city	NOUN
cjal-3363	734	74	36	36	NUM
cjal-3363	734	75	36	36	NUM
cjal-3363	734	76	36	36	NUM
cjal-3363	734	77	36	36	NUM
cjal-3363	734	78	36	36	NUM
cjal-3363	734	79	36	36	NUM
cjal-3363	734	80	36	36	NUM
cjal-3363	734	81	36	36	NUM
cjal-3363	734	82	36	36	NUM
cjal-3363	734	83	36	36	NUM
cjal-3363	734	84	36	36	NUM
cjal-3363	734	85	36	36	NUM
cjal-3363	734	86	36	36	NUM
cjal-3363	734	87	36	36	NUM
cjal-3363	734	88	36	36	NUM
cjal-3363	734	89	36	36	NUM
cjal-3363	734	90	robust	robust	ADJ
cjal-3363	734	91	standard	standard	ADJ
cjal-3363	734	92	errors	error	NOUN
cjal-3363	734	93	in	in	ADP
cjal-3363	734	94	parentheses	parenthesis	NOUN
cjal-3363	734	95	*	*	PUNCT
cjal-3363	734	96	p<0.1	p<0.1	NUM
cjal-3363	734	97	,	,	PUNCT
cjal-3363	734	98	*	*	PUNCT
cjal-3363	734	99	*	*	PUNCT
cjal-3363	734	100	p<0.05	p<0.05	NOUN
cjal-3363	734	101	,	,	PUNCT
cjal-3363	734	102	*	*	PUNCT
cjal-3363	734	103	*	*	PUNCT
cjal-3363	734	104	*	*	PUNCT
cjal-3363	734	105	p<0.01	p<0.01	NOUN
cjal-3363	734	106	note	note	NOUN
cjal-3363	734	107	:	:	PUNCT
cjal-3363	734	108	the	the	DET
cjal-3363	734	109	dependent	dependent	ADJ
cjal-3363	734	110	variable	variable	NOUN
cjal-3363	734	111	in	in	ADP
cjal-3363	734	112	columns	column	NOUN
cjal-3363	734	113	(	(	PUNCT
cjal-3363	734	114	1)-(8	1)-(8	NUM
cjal-3363	734	115	)	)	PUNCT
cjal-3363	734	116	is	be	AUX
cjal-3363	734	117	the	the	DET
cjal-3363	734	118	proportion	proportion	NOUN
cjal-3363	734	119	of	of	ADP
cjal-3363	734	120	state	state	NOUN
cjal-3363	734	121	investment	investment	NOUN
cjal-3363	734	122	in	in	ADP
cjal-3363	734	123	the	the	DET
cjal-3363	734	124	water	water	NOUN
cjal-3363	734	125	utility	utility	NOUN
cjal-3363	734	126	enterprises	enterprise	NOUN
cjal-3363	734	127	in	in	ADP
cjal-3363	734	128	a	a	DET
cjal-3363	734	129	specific	specific	ADJ
cjal-3363	734	130	city	city	NOUN
cjal-3363	734	131	in	in	ADP
cjal-3363	734	132	a	a	DET
cjal-3363	734	133	specific	specific	ADJ
cjal-3363	734	134	year	year	NOUN
cjal-3363	734	135	.	.	PUNCT
cjal-3363	735	1	the	the	DET
cjal-3363	735	2	dependent	dependent	ADJ
cjal-3363	735	3	variable	variable	NOUN
cjal-3363	735	4	in	in	ADP
cjal-3363	735	5	columns	column	NOUN
cjal-3363	735	6	(	(	PUNCT
cjal-3363	735	7	9)-(16	9)-(16	NOUN
cjal-3363	735	8	)	)	PUNCT
cjal-3363	735	9	is	be	AUX
cjal-3363	735	10	the	the	DET
cjal-3363	735	11	proportion	proportion	NOUN
cjal-3363	735	12	of	of	ADP
cjal-3363	735	13	soes	soe	NOUN
cjal-3363	735	14	’	'	PUNCT
cjal-3363	735	15	revenue	revenue	NOUN
cjal-3363	735	16	calculated	calculate	VERB
cjal-3363	735	17	in	in	ADP
cjal-3363	735	18	the	the	DET
cjal-3363	735	19	way	way	NOUN
cjal-3363	735	20	mentioned	mention	VERB
cjal-3363	735	21	above	above	ADV
cjal-3363	735	22	.	.	PUNCT
cjal-3363	736	1	2017	2017	NUM
cjal-3363	736	2	]	]	PUNCT
cjal-3363	736	3	state	state	NOUN
cjal-3363	736	4	ownership	ownership	NOUN
cjal-3363	736	5	and	and	CCONJ
cjal-3363	736	6	regulatory	regulatory	ADJ
cjal-3363	736	7	costs	cost	NOUN
cjal-3363	736	8	47	47	NUM
cjal-3363	736	9	to	to	PART
cjal-3363	736	10	present	present	VERB
cjal-3363	736	11	the	the	DET
cjal-3363	736	12	results	result	NOUN
cjal-3363	736	13	in	in	ADP
cjal-3363	736	14	a	a	DET
cjal-3363	736	15	clearer	clear	ADJ
cjal-3363	736	16	way	way	NOUN
cjal-3363	736	17	,	,	PUNCT
cjal-3363	736	18	i	i	PRON
cjal-3363	736	19	also	also	ADV
cjal-3363	736	20	conducted	conduct	VERB
cjal-3363	736	21	a	a	DET
cjal-3363	736	22	regression	regression	NOUN
cjal-3363	736	23	using	use	VERB
cjal-3363	736	24	only	only	ADV
cjal-3363	736	25	the	the	DET
cjal-3363	736	26	2012	2012	NUM
cjal-3363	736	27	data	datum	NOUN
cjal-3363	736	28	.	.	PUNCT
cjal-3363	737	1	figure	figure	NOUN
cjal-3363	737	2	12	12	NUM
cjal-3363	737	3	is	be	AUX
cjal-3363	737	4	a	a	DET
cjal-3363	737	5	scatterplot	scatterplot	NOUN
cjal-3363	737	6	of	of	ADP
cjal-3363	737	7	the	the	DET
cjal-3363	737	8	tariff	tariff	NOUN
cjal-3363	737	9	adjustment	adjustment	NOUN
cjal-3363	737	10	variable	variable	NOUN
cjal-3363	737	11	against	against	ADP
cjal-3363	737	12	the	the	DET
cjal-3363	737	13	proportion	proportion	NOUN
cjal-3363	737	14	of	of	ADP
cjal-3363	737	15	state	state	NOUN
cjal-3363	737	16	investment	investment	NOUN
cjal-3363	737	17	.	.	PUNCT
cjal-3363	738	1	figure	figure	VERB
cjal-3363	738	2	8	8	NUM
cjal-3363	738	3	：	：	PUNCT
cjal-3363	738	4	number	number	NOUN
cjal-3363	738	5	of	of	ADP
cjal-3363	738	6	adjustments	adjustment	NOUN
cjal-3363	738	7	of	of	ADP
cjal-3363	738	8	the	the	DET
cjal-3363	738	9	water	water	NOUN
cjal-3363	738	10	tariff	tariff	NOUN
cjal-3363	738	11	for	for	ADP
cjal-3363	738	12	industrial	industrial	ADJ
cjal-3363	738	13	use	use	NOUN
cjal-3363	738	14	and	and	CCONJ
cjal-3363	738	15	the	the	DET
cjal-3363	738	16	proportion	proportion	NOUN
cjal-3363	738	17	of	of	ADP
cjal-3363	738	18	state	state	NOUN
cjal-3363	738	19	investment	investment	NOUN
cjal-3363	738	20	in	in	ADP
cjal-3363	738	21	2012	2012	NUM
cjal-3363	738	22	as	as	SCONJ
cjal-3363	738	23	is	be	AUX
cjal-3363	738	24	shown	show	VERB
cjal-3363	738	25	in	in	ADP
cjal-3363	738	26	the	the	DET
cjal-3363	738	27	figure	figure	NOUN
cjal-3363	738	28	,	,	PUNCT
cjal-3363	738	29	the	the	DET
cjal-3363	738	30	number	number	NOUN
cjal-3363	738	31	of	of	ADP
cjal-3363	738	32	adjustments	adjustment	NOUN
cjal-3363	738	33	is	be	AUX
cjal-3363	738	34	highly	highly	ADV
cjal-3363	738	35	associated	associate	VERB
cjal-3363	738	36	with	with	ADP
cjal-3363	738	37	the	the	DET
cjal-3363	738	38	percentage	percentage	NOUN
cjal-3363	738	39	of	of	ADP
cjal-3363	738	40	capital	capital	NOUN
cjal-3363	738	41	investment	investment	NOUN
cjal-3363	738	42	by	by	ADP
cjal-3363	738	43	the	the	DET
cjal-3363	738	44	government	government	NOUN
cjal-3363	738	45	.	.	PUNCT
cjal-3363	739	1	the	the	DET
cjal-3363	739	2	results	result	NOUN
cjal-3363	739	3	remain	remain	VERB
cjal-3363	739	4	statistically	statistically	ADV
cjal-3363	739	5	significant	significant	ADJ
cjal-3363	739	6	after	after	SCONJ
cjal-3363	739	7	control	control	NOUN
cjal-3363	739	8	variables	variable	NOUN
cjal-3363	739	9	were	be	AUX
cjal-3363	739	10	added	add	VERB
cjal-3363	739	11	.	.	PUNCT
cjal-3363	740	1	table	table	NOUN
cjal-3363	740	2	6	6	NUM
cjal-3363	740	3	below	below	ADP
cjal-3363	740	4	presents	present	VERB
cjal-3363	740	5	the	the	DET
cjal-3363	740	6	statistical	statistical	ADJ
cjal-3363	740	7	results	result	NOUN
cjal-3363	740	8	.	.	PUNCT
cjal-3363	741	1	columbia	columbia	PROPN
cjal-3363	741	2	journal	journal	PROPN
cjal-3363	741	3	of	of	ADP
cjal-3363	741	4	asian	asian	ADJ
cjal-3363	741	5	law	law	NOUN
cjal-3363	742	1	[	[	X
cjal-3363	742	2	vol	vol	NOUN
cjal-3363	742	3	.	.	PUNCT
cjal-3363	743	1	31:1	31:1	NUM
cjal-3363	743	2	48	48	NUM
cjal-3363	743	3	table	table	NOUN
cjal-3363	743	4	6	6	NUM
cjal-3363	743	5	:	:	PUNCT
cjal-3363	743	6	results	result	NOUN
cjal-3363	743	7	of	of	ADP
cjal-3363	743	8	the	the	DET
cjal-3363	743	9	regression	regression	NOUN
cjal-3363	743	10	dependent	dependent	ADJ
cjal-3363	743	11	variable	variable	NOUN
cjal-3363	743	12	:	:	PUNCT
cjal-3363	743	13	proportion	proportion	NOUN
cjal-3363	743	14	of	of	ADP
cjal-3363	743	15	state	state	NOUN
cjal-3363	743	16	investment	investment	NOUN
cjal-3363	743	17	proportion	proportion	NOUN
cjal-3363	743	18	of	of	ADP
cjal-3363	743	19	soes	soe	NOUN
cjal-3363	743	20	’	'	PUNCT
cjal-3363	743	21	revenue	revenue	NOUN
cjal-3363	743	22	(	(	PUNCT
cjal-3363	743	23	1	1	NUM
cjal-3363	743	24	)	)	PUNCT
cjal-3363	743	25	(	(	PUNCT
cjal-3363	743	26	2	2	NUM
cjal-3363	743	27	)	)	PUNCT
cjal-3363	743	28	(	(	PUNCT
cjal-3363	743	29	3	3	X
cjal-3363	743	30	)	)	PUNCT
cjal-3363	743	31	(	(	PUNCT
cjal-3363	743	32	4	4	NUM
cjal-3363	743	33	)	)	PUNCT
cjal-3363	743	34	(	(	PUNCT
cjal-3363	743	35	5	5	NUM
cjal-3363	743	36	)	)	PUNCT
cjal-3363	743	37	(	(	PUNCT
cjal-3363	743	38	6	6	NUM
cjal-3363	743	39	)	)	PUNCT
cjal-3363	743	40	(	(	PUNCT
cjal-3363	743	41	7	7	NUM
cjal-3363	743	42	)	)	PUNCT
cjal-3363	743	43	(	(	PUNCT
cjal-3363	743	44	8)	8)	NUM
cjal-3363	743	45	adjustment(industrial	adjustment(industrial	ADJ
cjal-3363	743	46	use	use	NOUN
cjal-3363	743	47	)	)	PUNCT
cjal-3363	743	48	-0.068	-0.068	PUNCT
cjal-3363	743	49	*	*	PUNCT
cjal-3363	743	50	*	*	PUNCT
cjal-3363	743	51	-0.067	-0.067	NOUN
cjal-3363	743	52	*	*	PUNCT
cjal-3363	743	53	*	*	PUNCT
cjal-3363	743	54	-0.123	-0.123	PUNCT
cjal-3363	743	55	*	*	PUNCT
cjal-3363	743	56	*	*	PUNCT
cjal-3363	743	57	-0.120	-0.120	PUNCT
cjal-3363	743	58	*	*	PUNCT
cjal-3363	743	59	*	*	PUNCT
cjal-3363	743	60	(	(	PUNCT
cjal-3363	743	61	0.025	0.025	NUM
cjal-3363	743	62	)	)	PUNCT
cjal-3363	743	63	(	(	PUNCT
cjal-3363	743	64	0.027	0.027	NUM
cjal-3363	743	65	)	)	PUNCT
cjal-3363	743	66	(	(	PUNCT
cjal-3363	743	67	0.048	0.048	NUM
cjal-3363	743	68	)	)	PUNCT
cjal-3363	743	69	(	(	PUNCT
cjal-3363	743	70	0.052	0.052	NUM
cjal-3363	743	71	)	)	PUNCT
cjal-3363	743	72	adjustment(residential	adjustment(residential	ADJ
cjal-3363	743	73	use	use	NOUN
cjal-3363	743	74	)	)	PUNCT
cjal-3363	743	75	-0.048	-0.048	PROPN
cjal-3363	743	76	*	*	PUNCT
cjal-3363	743	77	-0.048	-0.048	NOUN
cjal-3363	743	78	*	*	NOUN
cjal-3363	743	79	-0.115	-0.115	NOUN
cjal-3363	743	80	*	*	PUNCT
cjal-3363	743	81	*	*	PUNCT
cjal-3363	744	1	-0.116	-0.116	PUNCT
cjal-3363	744	2	*	*	PUNCT
cjal-3363	744	3	*	*	PUNCT
cjal-3363	744	4	(	(	PUNCT
cjal-3363	744	5	0.024	0.024	NUM
cjal-3363	744	6	)	)	PUNCT
cjal-3363	744	7	(	(	PUNCT
cjal-3363	744	8	0.024	0.024	NUM
cjal-3363	744	9	)	)	PUNCT
cjal-3363	744	10	(	(	PUNCT
cjal-3363	744	11	0.044	0.044	NUM
cjal-3363	744	12	)	)	PUNCT
cjal-3363	744	13	(	(	PUNCT
cjal-3363	744	14	0.044	0.044	NUM
cjal-3363	744	15	)	)	PUNCT
cjal-3363	744	16	control	control	NOUN
cjal-3363	744	17	for	for	ADP
cjal-3363	744	18	gdp	gdp	NOUN
cjal-3363	744	19	per	per	ADP
cjal-3363	744	20	capita	capita	NOUN
cjal-3363	744	21	and	and	CCONJ
cjal-3363	744	22	government	government	NOUN
cjal-3363	744	23	revenue	revenue	NOUN
cjal-3363	744	24	per	per	ADP
cjal-3363	744	25	capita	capita	NOUN
cjal-3363	745	1	no	no	INTJ
cjal-3363	746	1	no	no	INTJ
cjal-3363	747	1	yes	yes	INTJ
cjal-3363	748	1	yes	yes	INTJ
cjal-3363	749	1	no	no	INTJ
cjal-3363	750	1	no	no	INTJ
cjal-3363	750	2	yes	yes	INTJ
cjal-3363	750	3	yes	yes	INTJ
cjal-3363	750	4	constant	constant	ADJ
cjal-3363	750	5	1.078	1.078	NUM
cjal-3363	750	6	*	*	PUNCT
cjal-3363	750	7	*	*	PUNCT
cjal-3363	750	8	*	*	PUNCT
cjal-3363	750	9	0.996	0.996	NUM
cjal-3363	750	10	*	*	PUNCT
cjal-3363	750	11	*	*	PUNCT
cjal-3363	750	12	*	*	PUNCT
cjal-3363	750	13	1.108	1.108	NUM
cjal-3363	750	14	*	*	PUNCT
cjal-3363	750	15	*	*	PUNCT
cjal-3363	750	16	*	*	PUNCT
cjal-3363	750	17	1.050	1.050	NUM
cjal-3363	750	18	*	*	PUNCT
cjal-3363	750	19	*	*	PUNCT
cjal-3363	750	20	*	*	PUNCT
cjal-3363	750	21	1.106	1.106	NUM
cjal-3363	750	22	*	*	PUNCT
cjal-3363	750	23	*	*	PUNCT
cjal-3363	750	24	*	*	PUNCT
cjal-3363	750	25	1.019	1.019	NUM
cjal-3363	750	26	*	*	NOUN
cjal-3363	750	27	*	*	PUNCT
cjal-3363	750	28	*	*	PUNCT
cjal-3363	750	29	1.177	1.177	NUM
cjal-3363	750	30	*	*	PUNCT
cjal-3363	750	31	*	*	PUNCT
cjal-3363	750	32	*	*	PUNCT
cjal-3363	750	33	1.142	1.142	NUM
cjal-3363	750	34	*	*	PUNCT
cjal-3363	750	35	*	*	PUNCT
cjal-3363	750	36	*	*	PUNCT
cjal-3363	750	37	(	(	PUNCT
cjal-3363	750	38	0.078	0.078	NUM
cjal-3363	750	39	)	)	PUNCT
cjal-3363	750	40	(	(	PUNCT
cjal-3363	750	41	0.064	0.064	NUM
cjal-3363	750	42	)	)	PUNCT
cjal-3363	750	43	(	(	PUNCT
cjal-3363	750	44	0.089	0.089	NUM
cjal-3363	750	45	)	)	PUNCT
cjal-3363	750	46	(	(	PUNCT
cjal-3363	750	47	0.081	0.081	NUM
cjal-3363	750	48	)	)	PUNCT
cjal-3363	750	49	(	(	PUNCT
cjal-3363	750	50	0.150	0.150	NUM
cjal-3363	750	51	)	)	PUNCT
cjal-3363	750	52	(	(	PUNCT
cjal-3363	750	53	0.118	0.118	NUM
cjal-3363	750	54	)	)	PUNCT
cjal-3363	750	55	(	(	PUNCT
cjal-3363	750	56	0.171	0.171	NUM
cjal-3363	750	57	)	)	PUNCT
cjal-3363	750	58	(	(	PUNCT
cjal-3363	750	59	0.147	0.147	NUM
cjal-3363	750	60	)	)	PUNCT
cjal-3363	750	61	observations	observation	NOUN
cjal-3363	750	62	35	35	NUM
cjal-3363	750	63	35	35	NUM
cjal-3363	750	64	34	34	NUM
cjal-3363	750	65	34	34	NUM
cjal-3363	750	66	35	35	NUM
cjal-3363	750	67	35	35	NUM
cjal-3363	750	68	34	34	NUM
cjal-3363	750	69	34	34	NUM
cjal-3363	750	70	adjusted	adjust	VERB
cjal-3363	750	71	r2	r2	NOUN
cjal-3363	750	72	0.158	0.158	NUM
cjal-3363	750	73	0.083	0.083	NUM
cjal-3363	750	74	0.121	0.121	NUM
cjal-3363	750	75	0.066	0.066	NUM
cjal-3363	750	76	0.142	0.142	NUM
cjal-3363	750	77	0.148	0.148	NUM
cjal-3363	750	78	0.115	0.115	NUM
cjal-3363	750	79	0.151	0.151	NUM
cjal-3363	750	80	note	note	NOUN
cjal-3363	750	81	:	:	PUNCT
cjal-3363	750	82	*	*	PUNCT
cjal-3363	750	83	p<0.1	p<0.1	NUM
cjal-3363	750	84	;	;	PUNCT
cjal-3363	750	85	*	*	PUNCT
cjal-3363	750	86	*	*	NOUN
cjal-3363	750	87	p<0.05	p<0.05	NOUN
cjal-3363	750	88	;	;	PUNCT
cjal-3363	750	89	*	*	PUNCT
cjal-3363	750	90	*	*	PUNCT
cjal-3363	750	91	*	*	PUNCT
cjal-3363	750	92	p<0.01	p<0.01	PROPN
cjal-3363	750	93	2017	2017	NUM
cjal-3363	750	94	]	]	PUNCT
cjal-3363	750	95	state	state	NOUN
cjal-3363	750	96	ownership	ownership	NOUN
cjal-3363	750	97	and	and	CCONJ
cjal-3363	750	98	regulatory	regulatory	ADJ
cjal-3363	750	99	costs	cost	NOUN
cjal-3363	750	100	49	49	NUM
cjal-3363	751	1	i	i	PRON
cjal-3363	751	2	then	then	ADV
cjal-3363	751	3	used	use	VERB
cjal-3363	751	4	two	two	NUM
cjal-3363	751	5	placebo	placebo	NOUN
cjal-3363	751	6	tests	test	NOUN
cjal-3363	751	7	to	to	PART
cjal-3363	751	8	examine	examine	VERB
cjal-3363	751	9	the	the	DET
cjal-3363	751	10	robustness	robustness	NOUN
cjal-3363	751	11	of	of	ADP
cjal-3363	751	12	this	this	DET
cjal-3363	751	13	result	result	NOUN
cjal-3363	751	14	.	.	PUNCT
cjal-3363	752	1	first	first	ADV
cjal-3363	752	2	,	,	PUNCT
cjal-3363	752	3	i	i	PRON
cjal-3363	752	4	used	use	VERB
cjal-3363	752	5	a	a	DET
cjal-3363	752	6	placebo	placebo	NOUN
cjal-3363	752	7	outcome	outcome	NOUN
cjal-3363	752	8	,	,	PUNCT
cjal-3363	752	9	the	the	DET
cjal-3363	752	10	percentage	percentage	NOUN
cjal-3363	752	11	of	of	ADP
cjal-3363	752	12	soes	soe	NOUN
cjal-3363	752	13	in	in	ADP
cjal-3363	752	14	2005	2005	NUM
cjal-3363	752	15	,	,	PUNCT
cjal-3363	752	16	to	to	PART
cjal-3363	752	17	test	test	VERB
cjal-3363	752	18	my	my	PRON
cjal-3363	752	19	model	model	NOUN
cjal-3363	752	20	.	.	PUNCT
cjal-3363	753	1	one	one	NUM
cjal-3363	753	2	potential	potential	ADJ
cjal-3363	753	3	worry	worry	NOUN
cjal-3363	753	4	is	be	AUX
cjal-3363	753	5	that	that	SCONJ
cjal-3363	753	6	some	some	DET
cjal-3363	753	7	omitted	omitted	ADJ
cjal-3363	753	8	variables	variable	NOUN
cjal-3363	753	9	related	relate	VERB
cjal-3363	753	10	to	to	ADP
cjal-3363	753	11	the	the	DET
cjal-3363	753	12	cities	city	NOUN
cjal-3363	753	13	may	may	AUX
cjal-3363	753	14	influence	influence	VERB
cjal-3363	753	15	both	both	DET
cjal-3363	753	16	the	the	DET
cjal-3363	753	17	number	number	NOUN
cjal-3363	753	18	of	of	ADP
cjal-3363	753	19	adjustments	adjustment	NOUN
cjal-3363	753	20	and	and	CCONJ
cjal-3363	753	21	the	the	DET
cjal-3363	753	22	percentage	percentage	NOUN
cjal-3363	753	23	of	of	ADP
cjal-3363	753	24	soes	soe	NOUN
cjal-3363	753	25	.	.	PUNCT
cjal-3363	754	1	for	for	ADP
cjal-3363	754	2	example	example	NOUN
cjal-3363	754	3	,	,	PUNCT
cjal-3363	754	4	cities	city	NOUN
cjal-3363	754	5	situated	situate	VERB
cjal-3363	754	6	in	in	ADP
cjal-3363	754	7	developed	develop	VERB
cjal-3363	754	8	areas	area	NOUN
cjal-3363	754	9	may	may	AUX
cjal-3363	754	10	have	have	VERB
cjal-3363	754	11	higher	high	ADJ
cjal-3363	754	12	chances	chance	NOUN
cjal-3363	754	13	of	of	ADP
cjal-3363	754	14	privatization	privatization	NOUN
cjal-3363	754	15	.	.	PUNCT
cjal-3363	755	1	if	if	SCONJ
cjal-3363	755	2	this	this	DET
cjal-3363	755	3	hypothesis	hypothesis	NOUN
cjal-3363	755	4	were	be	AUX
cjal-3363	755	5	true	true	ADJ
cjal-3363	755	6	,	,	PUNCT
cjal-3363	755	7	these	these	DET
cjal-3363	755	8	city	city	NOUN
cjal-3363	755	9	-	-	PUNCT
cjal-3363	755	10	related	relate	VERB
cjal-3363	755	11	variables	variable	NOUN
cjal-3363	755	12	would	would	AUX
cjal-3363	755	13	be	be	AUX
cjal-3363	755	14	likely	likely	ADJ
cjal-3363	755	15	to	to	PART
cjal-3363	755	16	influence	influence	VERB
cjal-3363	755	17	the	the	DET
cjal-3363	755	18	percentage	percentage	NOUN
cjal-3363	755	19	of	of	ADP
cjal-3363	755	20	soes	soe	NOUN
cjal-3363	755	21	in	in	ADP
cjal-3363	755	22	2005	2005	NUM
cjal-3363	755	23	.	.	PUNCT
cjal-3363	756	1	however	however	ADV
cjal-3363	756	2	,	,	PUNCT
cjal-3363	756	3	as	as	SCONJ
cjal-3363	756	4	is	be	AUX
cjal-3363	756	5	shown	show	VERB
cjal-3363	756	6	in	in	ADP
cjal-3363	756	7	the	the	DET
cjal-3363	756	8	scatterplot	scatterplot	NOUN
cjal-3363	756	9	below	below	ADV
cjal-3363	756	10	,	,	PUNCT
cjal-3363	756	11	no	no	DET
cjal-3363	756	12	apparent	apparent	ADJ
cjal-3363	756	13	correlation	correlation	NOUN
cjal-3363	756	14	could	could	AUX
cjal-3363	756	15	be	be	AUX
cjal-3363	756	16	detected	detect	VERB
cjal-3363	756	17	between	between	ADP
cjal-3363	756	18	the	the	DET
cjal-3363	756	19	number	number	NOUN
cjal-3363	756	20	of	of	ADP
cjal-3363	756	21	adjustments	adjustment	NOUN
cjal-3363	756	22	from	from	ADP
cjal-3363	756	23	2005	2005	NUM
cjal-3363	756	24	to	to	ADP
cjal-3363	756	25	2012	2012	NUM
cjal-3363	756	26	and	and	CCONJ
cjal-3363	756	27	the	the	DET
cjal-3363	756	28	proportion	proportion	NOUN
cjal-3363	756	29	of	of	ADP
cjal-3363	756	30	state	state	NOUN
cjal-3363	756	31	investment	investment	NOUN
cjal-3363	756	32	in	in	ADP
cjal-3363	756	33	2005	2005	NUM
cjal-3363	756	34	.	.	PUNCT
cjal-3363	757	1	figure	figure	NOUN
cjal-3363	757	2	9	9	NUM
cjal-3363	757	3	:	:	PUNCT
cjal-3363	757	4	placebo	placebo	NOUN
cjal-3363	757	5	test	test	NOUN
cjal-3363	757	6	with	with	ADP
cjal-3363	757	7	data	datum	NOUN
cjal-3363	757	8	in	in	ADP
cjal-3363	757	9	2005	2005	NUM
cjal-3363	757	10	second	second	ADJ
cjal-3363	757	11	,	,	PUNCT
cjal-3363	757	12	i	i	PRON
cjal-3363	757	13	used	use	VERB
cjal-3363	757	14	a	a	DET
cjal-3363	757	15	placebo	placebo	NOUN
cjal-3363	757	16	treatment	treatment	NOUN
cjal-3363	757	17	,	,	PUNCT
cjal-3363	757	18	the	the	DET
cjal-3363	757	19	increase	increase	NOUN
cjal-3363	757	20	in	in	ADP
cjal-3363	757	21	the	the	DET
cjal-3363	757	22	size	size	NOUN
cjal-3363	757	23	of	of	ADP
cjal-3363	757	24	water	water	NOUN
cjal-3363	757	25	tariffs	tariff	NOUN
cjal-3363	757	26	in	in	ADP
cjal-3363	757	27	different	different	ADJ
cjal-3363	757	28	cities	city	NOUN
cjal-3363	757	29	,	,	PUNCT
cjal-3363	757	30	to	to	PART
cjal-3363	757	31	test	test	VERB
cjal-3363	757	32	my	my	PRON
cjal-3363	757	33	results	result	NOUN
cjal-3363	757	34	.	.	PUNCT
cjal-3363	758	1	as	as	SCONJ
cjal-3363	758	2	is	be	AUX
cjal-3363	758	3	shown	show	VERB
cjal-3363	758	4	in	in	ADP
cjal-3363	758	5	the	the	DET
cjal-3363	758	6	scatterplot	scatterplot	NOUN
cjal-3363	758	7	below	below	ADV
cjal-3363	758	8	,	,	PUNCT
cjal-3363	758	9	the	the	DET
cjal-3363	758	10	increase	increase	NOUN
cjal-3363	758	11	in	in	ADP
cjal-3363	758	12	the	the	DET
cjal-3363	758	13	size	size	NOUN
cjal-3363	758	14	of	of	ADP
cjal-3363	758	15	water	water	NOUN
cjal-3363	758	16	tariffs	tariff	NOUN
cjal-3363	758	17	is	be	AUX
cjal-3363	758	18	highly	highly	ADV
cjal-3363	758	19	correlated	correlate	VERB
cjal-3363	758	20	with	with	ADP
cjal-3363	758	21	the	the	DET
cjal-3363	758	22	number	number	NOUN
cjal-3363	758	23	of	of	ADP
cjal-3363	758	24	adjustments	adjustment	NOUN
cjal-3363	758	25	.	.	PUNCT
cjal-3363	759	1	columbia	columbia	PROPN
cjal-3363	759	2	journal	journal	PROPN
cjal-3363	759	3	of	of	ADP
cjal-3363	759	4	asian	asian	ADJ
cjal-3363	759	5	law	law	NOUN
cjal-3363	760	1	[	[	X
cjal-3363	760	2	vol	vol	NOUN
cjal-3363	760	3	.	.	PUNCT
cjal-3363	761	1	31:1	31:1	NUM
cjal-3363	761	2	50	50	NUM
cjal-3363	761	3	figure	figure	NOUN
cjal-3363	761	4	10	10	NUM
cjal-3363	761	5	:	:	PUNCT
cjal-3363	761	6	relationship	relationship	NOUN
cjal-3363	761	7	between	between	ADP
cjal-3363	761	8	the	the	DET
cjal-3363	761	9	increase	increase	NOUN
cjal-3363	761	10	in	in	ADP
cjal-3363	761	11	the	the	DET
cjal-3363	761	12	size	size	NOUN
cjal-3363	761	13	of	of	ADP
cjal-3363	761	14	the	the	DET
cjal-3363	761	15	water	water	NOUN
cjal-3363	761	16	tariff	tariff	NOUN
cjal-3363	761	17	for	for	ADP
cjal-3363	761	18	residential	residential	ADJ
cjal-3363	761	19	use	use	NOUN
cjal-3363	761	20	and	and	CCONJ
cjal-3363	761	21	the	the	DET
cjal-3363	761	22	number	number	NOUN
cjal-3363	761	23	of	of	ADP
cjal-3363	761	24	adjustment	adjustment	NOUN
cjal-3363	761	25	i	i	PRON
cjal-3363	761	26	used	use	VERB
cjal-3363	761	27	the	the	DET
cjal-3363	761	28	following	follow	VERB
cjal-3363	761	29	model	model	NOUN
cjal-3363	761	30	to	to	PART
cjal-3363	761	31	test	test	VERB
cjal-3363	761	32	the	the	DET
cjal-3363	761	33	relationship	relationship	NOUN
cjal-3363	761	34	between	between	ADP
cjal-3363	761	35	the	the	DET
cjal-3363	761	36	increase	increase	NOUN
cjal-3363	761	37	in	in	ADP
cjal-3363	761	38	water	water	NOUN
cjal-3363	761	39	tariffs	tariff	NOUN
cjal-3363	761	40	and	and	CCONJ
cjal-3363	761	41	the	the	DET
cjal-3363	761	42	percentage	percentage	NOUN
cjal-3363	761	43	of	of	ADP
cjal-3363	761	44	soes	soe	NOUN
cjal-3363	761	45	in	in	ADP
cjal-3363	761	46	2012	2012	NUM
cjal-3363	761	47	:	:	PUNCT
cjal-3363	761	48	state	state	NOUN
cjal-3363	761	49	ownership	ownership	NOUN
cjal-3363	761	50	=	=	SYM
cjal-3363	761	51	βadj	βadj	NOUN
cjal-3363	762	1	+	+	CCONJ
cjal-3363	762	2	γincrease	γincrease	NOUN
cjal-3363	762	3	+	+	CCONJ
cjal-3363	762	4	ϵ	ϵ	PRON
cjal-3363	762	5	“	"	PUNCT
cjal-3363	762	6	increase	increase	NOUN
cjal-3363	762	7	”	"	PUNCT
cjal-3363	762	8	is	be	AUX
cjal-3363	762	9	the	the	DET
cjal-3363	762	10	water	water	NOUN
cjal-3363	762	11	tariff	tariff	NOUN
cjal-3363	762	12	at	at	ADP
cjal-3363	762	13	the	the	DET
cjal-3363	762	14	end	end	NOUN
cjal-3363	762	15	of	of	ADP
cjal-3363	762	16	2012	2012	NUM
cjal-3363	762	17	divided	divide	VERB
cjal-3363	762	18	by	by	ADP
cjal-3363	762	19	the	the	DET
cjal-3363	762	20	water	water	NOUN
cjal-3363	762	21	tariff	tariff	NOUN
cjal-3363	762	22	in	in	ADP
cjal-3363	762	23	january	january	PROPN
cjal-3363	762	24	2005	2005	NUM
cjal-3363	762	25	of	of	ADP
cjal-3363	762	26	the	the	DET
cjal-3363	762	27	same	same	ADJ
cjal-3363	762	28	city	city	NOUN
cjal-3363	762	29	.	.	PUNCT
cjal-3363	763	1	“	"	PUNCT
cjal-3363	763	2	adj	adj	X
cjal-3363	763	3	”	"	PUNCT
cjal-3363	763	4	is	be	AUX
cjal-3363	763	5	the	the	DET
cjal-3363	763	6	number	number	NOUN
cjal-3363	763	7	of	of	ADP
cjal-3363	763	8	adjustments	adjustment	NOUN
cjal-3363	763	9	from	from	ADP
cjal-3363	763	10	2005	2005	NUM
cjal-3363	763	11	to	to	ADP
cjal-3363	763	12	2012	2012	NUM
cjal-3363	763	13	.	.	PUNCT
cjal-3363	764	1	the	the	DET
cjal-3363	764	2	results	result	NOUN
cjal-3363	764	3	are	be	AUX
cjal-3363	764	4	shown	show	VERB
cjal-3363	764	5	in	in	ADP
cjal-3363	764	6	figures	figure	NOUN
cjal-3363	764	7	15	15	NUM
cjal-3363	764	8	and	and	CCONJ
cjal-3363	764	9	16	16	NUM
cjal-3363	764	10	.	.	PUNCT
cjal-3363	765	1	the	the	DET
cjal-3363	765	2	left	left	ADJ
cjal-3363	765	3	column	column	NOUN
cjal-3363	765	4	of	of	ADP
cjal-3363	765	5	figure	figure	NOUN
cjal-3363	765	6	15	15	NUM
cjal-3363	765	7	shows	show	VERB
cjal-3363	765	8	the	the	DET
cjal-3363	765	9	coefficients	coefficient	NOUN
cjal-3363	765	10	of	of	ADP
cjal-3363	765	11	the	the	DET
cjal-3363	765	12	variable	variable	ADJ
cjal-3363	765	13	“	"	PUNCT
cjal-3363	765	14	increase	increase	NOUN
cjal-3363	765	15	”	"	PUNCT
cjal-3363	765	16	in	in	ADP
cjal-3363	765	17	different	different	ADJ
cjal-3363	765	18	models	model	NOUN
cjal-3363	765	19	,	,	PUNCT
cjal-3363	765	20	with	with	ADP
cjal-3363	765	21	the	the	DET
cjal-3363	765	22	proportion	proportion	NOUN
cjal-3363	765	23	of	of	ADP
cjal-3363	765	24	the	the	DET
cjal-3363	765	25	governments	government	NOUN
cjal-3363	765	26	’	’	PART
cjal-3363	765	27	capital	capital	NOUN
cjal-3363	765	28	investment	investment	NOUN
cjal-3363	765	29	and	and	CCONJ
cjal-3363	765	30	revenue	revenue	NOUN
cjal-3363	765	31	as	as	ADP
cjal-3363	765	32	the	the	DET
cjal-3363	765	33	dependent	dependent	ADJ
cjal-3363	765	34	variables	variable	NOUN
cjal-3363	765	35	.	.	PUNCT
cjal-3363	766	1	in	in	ADP
cjal-3363	766	2	some	some	DET
cjal-3363	766	3	models	model	NOUN
cjal-3363	766	4	,	,	PUNCT
cjal-3363	766	5	the	the	DET
cjal-3363	766	6	correlation	correlation	NOUN
cjal-3363	766	7	is	be	AUX
cjal-3363	766	8	statistically	statistically	ADV
cjal-3363	766	9	significant	significant	ADJ
cjal-3363	766	10	.	.	PUNCT
cjal-3363	767	1	the	the	DET
cjal-3363	767	2	right	right	ADJ
cjal-3363	767	3	column	column	NOUN
cjal-3363	767	4	shows	show	VERB
cjal-3363	767	5	the	the	DET
cjal-3363	767	6	coefficients	coefficient	NOUN
cjal-3363	767	7	in	in	ADP
cjal-3363	767	8	models	model	NOUN
cjal-3363	767	9	that	that	PRON
cjal-3363	767	10	control	control	VERB
cjal-3363	767	11	for	for	ADP
cjal-3363	767	12	the	the	DET
cjal-3363	767	13	number	number	NOUN
cjal-3363	767	14	of	of	ADP
cjal-3363	767	15	adjustments	adjustment	NOUN
cjal-3363	767	16	.	.	PUNCT
cjal-3363	768	1	in	in	ADP
cjal-3363	768	2	these	these	DET
cjal-3363	768	3	models	model	NOUN
cjal-3363	768	4	,	,	PUNCT
cjal-3363	768	5	the	the	DET
cjal-3363	768	6	coefficients	coefficient	NOUN
cjal-3363	768	7	are	be	AUX
cjal-3363	768	8	statistically	statistically	ADV
cjal-3363	768	9	insignificant	insignificant	ADJ
cjal-3363	768	10	.	.	PUNCT
cjal-3363	769	1	thus	thus	ADV
cjal-3363	769	2	,	,	PUNCT
cjal-3363	769	3	although	although	SCONJ
cjal-3363	769	4	the	the	DET
cjal-3363	769	5	increase	increase	NOUN
cjal-3363	769	6	in	in	ADP
cjal-3363	769	7	the	the	DET
cjal-3363	769	8	size	size	NOUN
cjal-3363	769	9	of	of	ADP
cjal-3363	769	10	the	the	DET
cjal-3363	769	11	water	water	NOUN
cjal-3363	769	12	tariff	tariff	NOUN
cjal-3363	769	13	for	for	ADP
cjal-3363	769	14	residential	residential	ADJ
cjal-3363	769	15	use	use	NOUN
cjal-3363	769	16	is	be	AUX
cjal-3363	769	17	negatively	negatively	ADV
cjal-3363	769	18	correlated	correlate	VERB
cjal-3363	769	19	with	with	ADP
cjal-3363	769	20	the	the	DET
cjal-3363	769	21	capital	capital	NOUN
cjal-3363	769	22	percentage	percentage	NOUN
cjal-3363	769	23	of	of	ADP
cjal-3363	769	24	soes	soe	NOUN
cjal-3363	769	25	,	,	PUNCT
cjal-3363	769	26	this	this	DET
cjal-3363	769	27	correlation	correlation	NOUN
cjal-3363	769	28	disappears	disappear	VERB
cjal-3363	769	29	once	once	SCONJ
cjal-3363	769	30	we	we	PRON
cjal-3363	769	31	control	control	VERB
cjal-3363	769	32	for	for	ADP
cjal-3363	769	33	the	the	DET
cjal-3363	769	34	number	number	NOUN
cjal-3363	769	35	of	of	ADP
cjal-3363	769	36	adjustments	adjustment	NOUN
cjal-3363	769	37	.	.	PUNCT
cjal-3363	770	1	it	it	PRON
cjal-3363	770	2	suggests	suggest	VERB
cjal-3363	770	3	that	that	SCONJ
cjal-3363	770	4	the	the	DET
cjal-3363	770	5	increase	increase	NOUN
cjal-3363	770	6	in	in	ADP
cjal-3363	770	7	water	water	NOUN
cjal-3363	770	8	tariffs	tariff	NOUN
cjal-3363	770	9	is	be	AUX
cjal-3363	770	10	not	not	PART
cjal-3363	770	11	directly	directly	ADV
cjal-3363	770	12	related	relate	VERB
cjal-3363	770	13	to	to	ADP
cjal-3363	770	14	the	the	DET
cjal-3363	770	15	percentage	percentage	NOUN
cjal-3363	770	16	of	of	ADP
cjal-3363	770	17	soes	soe	NOUN
cjal-3363	770	18	,	,	PUNCT
cjal-3363	770	19	except	except	SCONJ
cjal-3363	770	20	that	that	SCONJ
cjal-3363	770	21	it	it	PRON
cjal-3363	770	22	is	be	AUX
cjal-3363	770	23	correlated	correlate	VERB
cjal-3363	770	24	with	with	ADP
cjal-3363	770	25	the	the	DET
cjal-3363	770	26	number	number	NOUN
cjal-3363	770	27	of	of	ADP
cjal-3363	770	28	adjustment	adjustment	NOUN
cjal-3363	770	29	,	,	PUNCT
cjal-3363	770	30	which	which	PRON
cjal-3363	770	31	is	be	AUX
cjal-3363	770	32	in	in	ADP
cjal-3363	770	33	turn	turn	NOUN
cjal-3363	770	34	correlated	correlate	VERB
cjal-3363	770	35	with	with	ADP
cjal-3363	770	36	the	the	DET
cjal-3363	770	37	percentage	percentage	NOUN
cjal-3363	770	38	of	of	ADP
cjal-3363	770	39	soes	soe	NOUN
cjal-3363	770	40	.	.	PUNCT
cjal-3363	771	1	2017	2017	NUM
cjal-3363	771	2	]	]	PUNCT
cjal-3363	771	3	state	state	NOUN
cjal-3363	771	4	ownership	ownership	NOUN
cjal-3363	771	5	and	and	CCONJ
cjal-3363	771	6	regulatory	regulatory	ADJ
cjal-3363	771	7	costs	cost	NOUN
cjal-3363	771	8	51	51	NUM
cjal-3363	771	9	figure	figure	NOUN
cjal-3363	771	10	11	11	NUM
cjal-3363	771	11	:	:	PUNCT
cjal-3363	771	12	placebo	placebo	NOUN
cjal-3363	771	13	test	test	NOUN
cjal-3363	771	14	2	2	NUM
cjal-3363	771	15	columbia	columbia	PROPN
cjal-3363	771	16	journal	journal	NOUN
cjal-3363	771	17	of	of	ADP
cjal-3363	771	18	asian	asian	ADJ
cjal-3363	771	19	law	law	NOUN
cjal-3363	771	20	[	[	X
cjal-3363	771	21	vol	vol	NOUN
cjal-3363	771	22	.	.	PUNCT
cjal-3363	772	1	31:1	31:1	NUM
cjal-3363	772	2	52	52	NUM
cjal-3363	772	3	figure	figure	NOUN
cjal-3363	772	4	12	12	NUM
cjal-3363	772	5	:	:	PUNCT
cjal-3363	772	6	placebo	placebo	NOUN
cjal-3363	772	7	test	test	NOUN
cjal-3363	772	8	2	2	NUM
cjal-3363	772	9	dependent	dependent	ADJ
cjal-3363	772	10	variable	variable	NOUN
cjal-3363	772	11	:	:	PUNCT
cjal-3363	772	12	proportion	proportion	NOUN
cjal-3363	772	13	of	of	ADP
cjal-3363	772	14	state	state	NOUN
cjal-3363	772	15	investment	investment	NOUN
cjal-3363	772	16	proportion	proportion	NOUN
cjal-3363	772	17	of	of	ADP
cjal-3363	772	18	soes	soe	NOUN
cjal-3363	772	19	’	'	PUNCT
cjal-3363	772	20	revenue	revenue	NOUN
cjal-3363	772	21	(	(	PUNCT
cjal-3363	772	22	1	1	NUM
cjal-3363	772	23	)	)	PUNCT
cjal-3363	772	24	(	(	PUNCT
cjal-3363	772	25	2	2	NUM
cjal-3363	772	26	)	)	PUNCT
cjal-3363	772	27	(	(	PUNCT
cjal-3363	772	28	3	3	X
cjal-3363	772	29	)	)	PUNCT
cjal-3363	772	30	(	(	PUNCT
cjal-3363	772	31	4	4	NUM
cjal-3363	772	32	)	)	PUNCT
cjal-3363	772	33	(	(	PUNCT
cjal-3363	772	34	5	5	NUM
cjal-3363	772	35	)	)	PUNCT
cjal-3363	772	36	(	(	PUNCT
cjal-3363	772	37	6	6	NUM
cjal-3363	772	38	)	)	PUNCT
cjal-3363	772	39	(	(	PUNCT
cjal-3363	772	40	7	7	NUM
cjal-3363	772	41	)	)	PUNCT
cjal-3363	772	42	(	(	PUNCT
cjal-3363	772	43	8)	8)	NUM
cjal-3363	772	44	increase	increase	NOUN
cjal-3363	772	45	in	in	ADP
cjal-3363	772	46	the	the	DET
cjal-3363	772	47	water	water	NOUN
cjal-3363	772	48	tariff(residential	tariff(residential	ADJ
cjal-3363	772	49	use	use	NOUN
cjal-3363	772	50	)	)	PUNCT
cjal-3363	772	51	-0.319	-0.319	PROPN
cjal-3363	772	52	*	*	PUNCT
cjal-3363	772	53	0.123	0.123	NUM
cjal-3363	772	54	-0.520	-0.520	NUM
cjal-3363	772	55	*	*	PUNCT
cjal-3363	772	56	*	*	PUNCT
cjal-3363	772	57	-0.146	-0.146	X
cjal-3363	772	58	(	(	PUNCT
cjal-3363	772	59	0.160	0.160	NUM
cjal-3363	772	60	)	)	PUNCT
cjal-3363	772	61	(	(	PUNCT
cjal-3363	772	62	0.230	0.230	NUM
cjal-3363	772	63	)	)	PUNCT
cjal-3363	772	64	(	(	PUNCT
cjal-3363	772	65	0.234	0.234	NUM
cjal-3363	772	66	)	)	PUNCT
cjal-3363	772	67	(	(	PUNCT
cjal-3363	772	68	0.359	0.359	NUM
cjal-3363	772	69	)	)	PUNCT
cjal-3363	772	70	number	number	NOUN
cjal-3363	772	71	of	of	ADP
cjal-3363	772	72	water	water	NOUN
cjal-3363	772	73	tariff	tariff	NOUN
cjal-3363	772	74	adjustments(residential	adjustments(residential	ADJ
cjal-3363	772	75	use	use	NOUN
cjal-3363	772	76	)	)	PUNCT
cjal-3363	772	77	-0.111	-0.111	X
cjal-3363	772	78	*	*	PUNCT
cjal-3363	772	79	*	*	PUNCT
cjal-3363	772	80	-0.094	-0.094	X
cjal-3363	772	81	(	(	PUNCT
cjal-3363	772	82	0.044	0.044	NUM
cjal-3363	772	83	)	)	PUNCT
cjal-3363	772	84	(	(	PUNCT
cjal-3363	772	85	0.069	0.069	NUM
cjal-3363	772	86	)	)	PUNCT
cjal-3363	772	87	increase	increase	NOUN
cjal-3363	772	88	in	in	ADP
cjal-3363	772	89	the	the	DET
cjal-3363	772	90	water	water	NOUN
cjal-3363	772	91	tariff(industrial	tariff(industrial	NOUN
cjal-3363	772	92	use	use	NOUN
cjal-3363	772	93	)	)	PUNCT
cjal-3363	772	94	-0.111	-0.111	X
cjal-3363	772	95	-0.031	-0.031	NUM
cjal-3363	772	96	-0.075	-0.075	PROPN
cjal-3363	772	97	0.028	0.028	NUM
cjal-3363	772	98	(	(	PUNCT
cjal-3363	772	99	0.080	0.080	NUM
cjal-3363	772	100	)	)	PUNCT
cjal-3363	772	101	(	(	PUNCT
cjal-3363	772	102	0.076	0.076	NUM
cjal-3363	772	103	)	)	PUNCT
cjal-3363	772	104	(	(	PUNCT
cjal-3363	772	105	0.122	0.122	NUM
cjal-3363	772	106	)	)	PUNCT
cjal-3363	772	107	(	(	PUNCT
cjal-3363	772	108	0.121	0.121	NUM
cjal-3363	772	109	)	)	PUNCT
cjal-3363	772	110	number	number	NOUN
cjal-3363	772	111	of	of	ADP
cjal-3363	772	112	water	water	NOUN
cjal-3363	772	113	tariff	tariff	NOUN
cjal-3363	772	114	adjustments(industrial	adjustments(industrial	ADJ
cjal-3363	772	115	use	use	NOUN
cjal-3363	772	116	)	)	PUNCT
cjal-3363	772	117	-0.100	-0.100	PUNCT
cjal-3363	773	1	*	*	PUNCT
cjal-3363	773	2	*	*	PUNCT
cjal-3363	773	3	*	*	PUNCT
cjal-3363	773	4	-0.128	-0.128	PUNCT
cjal-3363	773	5	*	*	PUNCT
cjal-3363	773	6	*	*	PUNCT
cjal-3363	773	7	(	(	PUNCT
cjal-3363	773	8	0.033	0.033	NUM
cjal-3363	773	9	)	)	PUNCT
cjal-3363	773	10	(	(	PUNCT
cjal-3363	773	11	0.052	0.052	NUM
cjal-3363	773	12	)	)	PUNCT
cjal-3363	773	13	constant	constant	ADJ
cjal-3363	773	14	1.306	1.306	NUM
cjal-3363	773	15	*	*	PUNCT
cjal-3363	773	16	*	*	PUNCT
cjal-3363	773	17	*	*	PUNCT
cjal-3363	773	18	0.926	0.926	NUM
cjal-3363	773	19	*	*	PUNCT
cjal-3363	773	20	*	*	PUNCT
cjal-3363	773	21	*	*	PUNCT
cjal-3363	773	22	1.057	1.057	NUM
cjal-3363	773	23	*	*	PUNCT
cjal-3363	773	24	*	*	PUNCT
cjal-3363	773	25	*	*	PUNCT
cjal-3363	773	26	1.190	1.190	NUM
cjal-3363	773	27	*	*	PUNCT
cjal-3363	773	28	*	*	PUNCT
cjal-3363	773	29	*	*	PUNCT
cjal-3363	773	30	1.499	1.499	NUM
cjal-3363	773	31	*	*	PUNCT
cjal-3363	773	32	*	*	PUNCT
cjal-3363	773	33	*	*	PUNCT
cjal-3363	773	34	1.179	1.179	NUM
cjal-3363	773	35	*	*	PUNCT
cjal-3363	773	36	*	*	PUNCT
cjal-3363	773	37	*	*	PUNCT
cjal-3363	773	38	0.895	0.895	NUM
cjal-3363	773	39	*	*	PUNCT
cjal-3363	773	40	*	*	PUNCT
cjal-3363	773	41	*	*	PUNCT
cjal-3363	773	42	1.065	1.065	NUM
cjal-3363	773	43	*	*	PUNCT
cjal-3363	773	44	*	*	PUNCT
cjal-3363	773	45	*	*	PUNCT
cjal-3363	773	46	(	(	PUNCT
cjal-3363	773	47	0.233	0.233	NUM
cjal-3363	773	48	)	)	PUNCT
cjal-3363	773	49	(	(	PUNCT
cjal-3363	773	50	0.264	0.264	NOUN
cjal-3363	773	51	)	)	PUNCT
cjal-3363	773	52	(	(	PUNCT
cjal-3363	773	53	0.158	0.158	NUM
cjal-3363	773	54	)	)	PUNCT
cjal-3363	773	55	(	(	PUNCT
cjal-3363	773	56	0.148	0.148	NUM
cjal-3363	773	57	)	)	PUNCT
cjal-3363	773	58	(	(	PUNCT
cjal-3363	773	59	0.342	0.342	NUM
cjal-3363	773	60	)	)	PUNCT
cjal-3363	773	61	(	(	PUNCT
cjal-3363	773	62	0.411	0.411	NUM
cjal-3363	773	63	)	)	PUNCT
cjal-3363	773	64	(	(	PUNCT
cjal-3363	773	65	0.240	0.240	NUM
cjal-3363	773	66	)	)	PUNCT
cjal-3363	773	67	(	(	PUNCT
cjal-3363	773	68	0.234	0.234	NUM
cjal-3363	773	69	)	)	PUNCT
cjal-3363	773	70	observations	observation	NOUN
cjal-3363	773	71	35	35	NUM
cjal-3363	773	72	35	35	NUM
cjal-3363	773	73	35	35	NUM
cjal-3363	773	74	35	35	NUM
cjal-3363	773	75	35	35	NUM
cjal-3363	773	76	35	35	NUM
cjal-3363	773	77	35	35	NUM
cjal-3363	773	78	35	35	NUM
cjal-3363	773	79	adjusted	adjust	VERB
cjal-3363	773	80	r2	r2	NOUN
cjal-3363	773	81	0.081	0.081	NUM
cjal-3363	773	82	0.209	0.209	NUM
cjal-3363	773	83	0.026	0.026	NUM
cjal-3363	773	84	0.221	0.221	NUM
cjal-3363	773	85	0.104	0.104	NUM
cjal-3363	773	86	0.126	0.126	NUM
cjal-3363	773	87	-0.019	-0.019	NUM
cjal-3363	773	88	0.116	0.116	NUM
cjal-3363	773	89	2017	2017	NUM
cjal-3363	773	90	]	]	PUNCT
cjal-3363	773	91	state	state	NOUN
cjal-3363	773	92	ownership	ownership	NOUN
cjal-3363	773	93	and	and	CCONJ
cjal-3363	773	94	regulatory	regulatory	ADJ
cjal-3363	773	95	costs	cost	NOUN
cjal-3363	773	96	53	53	NUM
cjal-3363	773	97	this	this	DET
cjal-3363	773	98	placebo	placebo	NOUN
cjal-3363	773	99	test	test	NOUN
cjal-3363	773	100	rejects	reject	VERB
cjal-3363	773	101	the	the	DET
cjal-3363	773	102	alternative	alternative	ADJ
cjal-3363	773	103	hypotheses	hypothesis	NOUN
cjal-3363	773	104	that	that	SCONJ
cjal-3363	773	105	once	once	SCONJ
cjal-3363	773	106	privatization	privatization	NOUN
cjal-3363	773	107	occurred	occur	VERB
cjal-3363	773	108	,	,	PUNCT
cjal-3363	773	109	private	private	ADJ
cjal-3363	773	110	firms	firm	NOUN
cjal-3363	773	111	would	would	AUX
cjal-3363	773	112	prompt	prompt	VERB
cjal-3363	773	113	regulators	regulator	NOUN
cjal-3363	773	114	to	to	PART
cjal-3363	773	115	adjust	adjust	VERB
cjal-3363	773	116	water	water	NOUN
cjal-3363	773	117	tariffs	tariff	NOUN
cjal-3363	773	118	more	more	ADV
cjal-3363	773	119	frequently	frequently	ADV
cjal-3363	773	120	,	,	PUNCT
cjal-3363	773	121	leading	lead	VERB
cjal-3363	773	122	to	to	ADP
cjal-3363	773	123	the	the	DET
cjal-3363	773	124	correlation	correlation	NOUN
cjal-3363	773	125	between	between	ADP
cjal-3363	773	126	number	number	NOUN
cjal-3363	773	127	of	of	ADP
cjal-3363	773	128	adjustment	adjustment	NOUN
cjal-3363	773	129	and	and	CCONJ
cjal-3363	773	130	percentage	percentage	NOUN
cjal-3363	773	131	of	of	ADP
cjal-3363	773	132	soes	soe	NOUN
cjal-3363	773	133	.	.	PUNCT
cjal-3363	774	1	if	if	SCONJ
cjal-3363	774	2	this	this	DET
cjal-3363	774	3	theory	theory	NOUN
cjal-3363	774	4	of	of	ADP
cjal-3363	774	5	regulatory	regulatory	ADJ
cjal-3363	774	6	capture	capture	NOUN
cjal-3363	774	7	were	be	AUX
cjal-3363	774	8	true	true	ADJ
cjal-3363	774	9	,	,	PUNCT
cjal-3363	774	10	we	we	PRON
cjal-3363	774	11	would	would	AUX
cjal-3363	774	12	have	have	AUX
cjal-3363	774	13	observed	observe	VERB
cjal-3363	774	14	a	a	DET
cjal-3363	774	15	correlation	correlation	NOUN
cjal-3363	774	16	between	between	ADP
cjal-3363	774	17	the	the	DET
cjal-3363	774	18	increase	increase	NOUN
cjal-3363	774	19	in	in	ADP
cjal-3363	774	20	water	water	NOUN
cjal-3363	774	21	tariffs	tariff	NOUN
cjal-3363	774	22	and	and	CCONJ
cjal-3363	774	23	the	the	DET
cjal-3363	774	24	influence	influence	NOUN
cjal-3363	774	25	of	of	ADP
cjal-3363	774	26	state	state	NOUN
cjal-3363	774	27	ownership	ownership	NOUN
cjal-3363	774	28	,	,	PUNCT
cjal-3363	774	29	because	because	SCONJ
cjal-3363	774	30	a	a	DET
cjal-3363	774	31	captured	capture	VERB
cjal-3363	774	32	price	price	NOUN
cjal-3363	774	33	regulator	regulator	NOUN
cjal-3363	774	34	would	would	AUX
cjal-3363	774	35	not	not	PART
cjal-3363	774	36	only	only	ADV
cjal-3363	774	37	increase	increase	VERB
cjal-3363	774	38	the	the	DET
cjal-3363	774	39	number	number	NOUN
cjal-3363	774	40	of	of	ADP
cjal-3363	774	41	adjustments	adjustment	NOUN
cjal-3363	774	42	,	,	PUNCT
cjal-3363	774	43	but	but	CCONJ
cjal-3363	774	44	also	also	ADV
cjal-3363	774	45	increase	increase	VERB
cjal-3363	774	46	the	the	DET
cjal-3363	774	47	size	size	NOUN
cjal-3363	774	48	of	of	ADP
cjal-3363	774	49	water	water	NOUN
cjal-3363	774	50	tariffs	tariff	NOUN
cjal-3363	774	51	.	.	PUNCT
cjal-3363	775	1	the	the	DET
cjal-3363	775	2	failure	failure	NOUN
cjal-3363	775	3	to	to	PART
cjal-3363	775	4	find	find	VERB
cjal-3363	775	5	such	such	ADJ
cjal-3363	775	6	correlation	correlation	NOUN
cjal-3363	775	7	suggests	suggest	VERB
cjal-3363	775	8	that	that	SCONJ
cjal-3363	775	9	only	only	ADV
cjal-3363	775	10	the	the	DET
cjal-3363	775	11	number	number	NOUN
cjal-3363	775	12	of	of	ADP
cjal-3363	775	13	adjustments	adjustment	NOUN
cjal-3363	775	14	,	,	PUNCT
cjal-3363	775	15	or	or	CCONJ
cjal-3363	775	16	the	the	DET
cjal-3363	775	17	frequency	frequency	NOUN
cjal-3363	775	18	of	of	ADP
cjal-3363	775	19	the	the	DET
cjal-3363	775	20	use	use	NOUN
cjal-3363	775	21	of	of	ADP
cjal-3363	775	22	regulation	regulation	NOUN
cjal-3363	775	23	,	,	PUNCT
cjal-3363	775	24	matters	matter	NOUN
cjal-3363	775	25	.	.	PUNCT
cjal-3363	776	1	there	there	PRON
cjal-3363	776	2	is	be	VERB
cjal-3363	776	3	still	still	ADV
cjal-3363	776	4	another	another	DET
cjal-3363	776	5	possible	possible	ADJ
cjal-3363	776	6	hypothesis	hypothesis	NOUN
cjal-3363	776	7	:	:	PUNCT
cjal-3363	776	8	regulation	regulation	NOUN
cjal-3363	776	9	and	and	CCONJ
cjal-3363	776	10	the	the	DET
cjal-3363	776	11	decision	decision	NOUN
cjal-3363	776	12	to	to	PART
cjal-3363	776	13	privatize	privatize	VERB
cjal-3363	776	14	may	may	AUX
cjal-3363	776	15	both	both	PRON
cjal-3363	776	16	be	be	AUX
cjal-3363	776	17	determined	determine	VERB
cjal-3363	776	18	by	by	ADP
cjal-3363	776	19	some	some	DET
cjal-3363	776	20	omitted	omit	VERB
cjal-3363	776	21	variable	variable	NOUN
cjal-3363	776	22	that	that	PRON
cjal-3363	776	23	confound	confound	VERB
cjal-3363	776	24	the	the	DET
cjal-3363	776	25	effects	effect	NOUN
cjal-3363	776	26	.	.	PUNCT
cjal-3363	777	1	for	for	ADP
cjal-3363	777	2	example	example	NOUN
cjal-3363	777	3	,	,	PUNCT
cjal-3363	777	4	some	some	DET
cjal-3363	777	5	governments	government	NOUN
cjal-3363	777	6	,	,	PUNCT
cjal-3363	777	7	hoping	hope	VERB
cjal-3363	777	8	to	to	PART
cjal-3363	777	9	obtain	obtain	VERB
cjal-3363	777	10	revenue	revenue	NOUN
cjal-3363	777	11	or	or	CCONJ
cjal-3363	777	12	to	to	PART
cjal-3363	777	13	promote	promote	VERB
cjal-3363	777	14	efficiency	efficiency	NOUN
cjal-3363	777	15	of	of	ADP
cjal-3363	777	16	the	the	DET
cjal-3363	777	17	water	water	NOUN
cjal-3363	777	18	utilities	utility	NOUN
cjal-3363	777	19	,	,	PUNCT
cjal-3363	777	20	might	might	AUX
cjal-3363	777	21	privatize	privatize	VERB
cjal-3363	777	22	soes	soe	NOUN
cjal-3363	777	23	and	and	CCONJ
cjal-3363	777	24	increase	increase	VERB
cjal-3363	777	25	the	the	DET
cjal-3363	777	26	use	use	NOUN
cjal-3363	777	27	of	of	ADP
cjal-3363	777	28	regulation	regulation	NOUN
cjal-3363	777	29	at	at	ADP
cjal-3363	777	30	the	the	DET
cjal-3363	777	31	same	same	ADJ
cjal-3363	777	32	time	time	NOUN
cjal-3363	777	33	.	.	PUNCT
cjal-3363	778	1	this	this	DET
cjal-3363	778	2	hypothesis	hypothesis	NOUN
cjal-3363	778	3	attests	attest	VERB
cjal-3363	778	4	to	to	ADP
cjal-3363	778	5	the	the	DET
cjal-3363	778	6	validity	validity	NOUN
cjal-3363	778	7	of	of	ADP
cjal-3363	778	8	my	my	PRON
cjal-3363	778	9	argument	argument	NOUN
cjal-3363	778	10	:	:	PUNCT
cjal-3363	778	11	to	to	PART
cjal-3363	778	12	successfully	successfully	ADV
cjal-3363	778	13	privatize	privatize	VERB
cjal-3363	778	14	the	the	DET
cjal-3363	778	15	state	state	NOUN
cjal-3363	778	16	-	-	PUNCT
cjal-3363	778	17	owned	own	VERB
cjal-3363	778	18	water	water	NOUN
cjal-3363	778	19	utilities	utility	NOUN
cjal-3363	778	20	,	,	PUNCT
cjal-3363	778	21	governments	government	NOUN
cjal-3363	778	22	need	need	VERB
cjal-3363	778	23	to	to	PART
cjal-3363	778	24	commit	commit	VERB
cjal-3363	778	25	to	to	ADP
cjal-3363	778	26	the	the	DET
cjal-3363	778	27	regular	regular	ADJ
cjal-3363	778	28	and	and	CCONJ
cjal-3363	778	29	predictable	predictable	ADJ
cjal-3363	778	30	use	use	NOUN
cjal-3363	778	31	of	of	ADP
cjal-3363	778	32	price	price	NOUN
cjal-3363	778	33	regulation	regulation	NOUN
cjal-3363	778	34	.	.	PUNCT
cjal-3363	779	1	to	to	PART
cjal-3363	779	2	sum	sum	VERB
cjal-3363	779	3	up	up	ADP
cjal-3363	779	4	,	,	PUNCT
cjal-3363	779	5	local	local	ADJ
cjal-3363	779	6	governments	government	NOUN
cjal-3363	779	7	may	may	AUX
cjal-3363	779	8	be	be	AUX
cjal-3363	779	9	reluctant	reluctant	ADJ
cjal-3363	779	10	to	to	PART
cjal-3363	779	11	make	make	VERB
cjal-3363	779	12	credible	credible	ADJ
cjal-3363	779	13	commitments	commitment	NOUN
cjal-3363	779	14	to	to	PART
cjal-3363	779	15	adjust	adjust	VERB
cjal-3363	779	16	water	water	NOUN
cjal-3363	779	17	tariffs	tariff	NOUN
cjal-3363	779	18	,	,	PUNCT
cjal-3363	779	19	in	in	ADP
cjal-3363	779	20	part	part	NOUN
cjal-3363	779	21	because	because	SCONJ
cjal-3363	779	22	of	of	ADP
cjal-3363	779	23	the	the	DET
cjal-3363	779	24	difficulties	difficulty	NOUN
cjal-3363	779	25	in	in	ADP
cjal-3363	779	26	price	price	NOUN
cjal-3363	779	27	regulation	regulation	NOUN
cjal-3363	779	28	.	.	PUNCT
cjal-3363	780	1	private	private	ADJ
cjal-3363	780	2	investors	investor	NOUN
cjal-3363	780	3	thus	thus	ADV
cjal-3363	780	4	face	face	VERB
cjal-3363	780	5	a	a	DET
cjal-3363	780	6	significant	significant	ADJ
cjal-3363	780	7	cost	cost	NOUN
cjal-3363	780	8	of	of	ADP
cjal-3363	780	9	opportunistic	opportunistic	ADJ
cjal-3363	780	10	action	action	NOUN
cjal-3363	780	11	by	by	ADP
cjal-3363	780	12	the	the	DET
cjal-3363	780	13	government	government	NOUN
cjal-3363	780	14	,	,	PUNCT
cjal-3363	780	15	which	which	PRON
cjal-3363	780	16	results	result	VERB
cjal-3363	780	17	in	in	ADP
cjal-3363	780	18	an	an	DET
cjal-3363	780	19	underinvestment	underinvestment	ADJ
cjal-3363	780	20	problem	problem	NOUN
cjal-3363	780	21	.	.	PUNCT
cjal-3363	781	1	soes	soe	NOUN
cjal-3363	781	2	,	,	PUNCT
cjal-3363	781	3	by	by	ADP
cjal-3363	781	4	contrast	contrast	NOUN
cjal-3363	781	5	,	,	PUNCT
cjal-3363	781	6	do	do	AUX
cjal-3363	781	7	not	not	PART
cjal-3363	781	8	face	face	VERB
cjal-3363	781	9	the	the	DET
cjal-3363	781	10	same	same	ADJ
cjal-3363	781	11	cost	cost	NOUN
cjal-3363	781	12	of	of	ADP
cjal-3363	781	13	opportunistic	opportunistic	ADJ
cjal-3363	781	14	action	action	NOUN
cjal-3363	781	15	,	,	PUNCT
cjal-3363	781	16	since	since	SCONJ
cjal-3363	781	17	local	local	ADJ
cjal-3363	781	18	governments	government	NOUN
cjal-3363	781	19	must	must	AUX
cjal-3363	781	20	subsidize	subsidize	VERB
cjal-3363	781	21	them	they	PRON
cjal-3363	781	22	to	to	PART
cjal-3363	781	23	supply	supply	VERB
cjal-3363	781	24	water	water	NOUN
cjal-3363	781	25	to	to	ADP
cjal-3363	781	26	the	the	DET
cjal-3363	781	27	region	region	NOUN
cjal-3363	781	28	.	.	PUNCT
cjal-3363	782	1	to	to	PART
cjal-3363	782	2	successfully	successfully	ADV
cjal-3363	782	3	privatize	privatize	VERB
cjal-3363	782	4	soes	soe	NOUN
cjal-3363	782	5	in	in	ADP
cjal-3363	782	6	the	the	DET
cjal-3363	782	7	water	water	NOUN
cjal-3363	782	8	utility	utility	NOUN
cjal-3363	782	9	industry	industry	NOUN
cjal-3363	782	10	,	,	PUNCT
cjal-3363	782	11	local	local	ADJ
cjal-3363	782	12	governments	government	NOUN
cjal-3363	782	13	need	need	VERB
cjal-3363	782	14	to	to	PART
cjal-3363	782	15	develop	develop	VERB
cjal-3363	782	16	their	their	PRON
cjal-3363	782	17	regulatory	regulatory	ADJ
cjal-3363	782	18	capacity	capacity	NOUN
cjal-3363	782	19	and	and	CCONJ
cjal-3363	782	20	establish	establish	VERB
cjal-3363	782	21	legal	legal	ADJ
cjal-3363	782	22	institutions	institution	NOUN
cjal-3363	782	23	that	that	PRON
cjal-3363	782	24	enable	enable	VERB
cjal-3363	782	25	them	they	PRON
cjal-3363	782	26	to	to	PART
cjal-3363	782	27	make	make	VERB
cjal-3363	782	28	credible	credible	ADJ
cjal-3363	782	29	commitments	commitment	NOUN
cjal-3363	782	30	to	to	PART
cjal-3363	782	31	adjust	adjust	VERB
cjal-3363	782	32	water	water	NOUN
cjal-3363	782	33	tariffs	tariff	NOUN
cjal-3363	782	34	regularly	regularly	ADV
cjal-3363	782	35	.	.	PUNCT
cjal-3363	783	1	c.	c.	PROPN
cjal-3363	783	2	insurance	insurance	PROPN
cjal-3363	783	3	another	another	DET
cjal-3363	783	4	area	area	NOUN
cjal-3363	783	5	where	where	SCONJ
cjal-3363	783	6	state	state	NOUN
cjal-3363	783	7	ownership	ownership	NOUN
cjal-3363	783	8	plays	play	VERB
cjal-3363	783	9	a	a	DET
cjal-3363	783	10	significant	significant	ADJ
cjal-3363	783	11	role	role	NOUN
cjal-3363	783	12	is	be	AUX
cjal-3363	783	13	the	the	DET
cjal-3363	783	14	insurance	insurance	NOUN
cjal-3363	783	15	industry	industry	NOUN
cjal-3363	783	16	.	.	PUNCT
cjal-3363	784	1	this	this	DET
cjal-3363	784	2	industry	industry	NOUN
cjal-3363	784	3	has	have	VERB
cjal-3363	784	4	severe	severe	ADJ
cjal-3363	784	5	market	market	NOUN
cjal-3363	784	6	failures	failure	NOUN
cjal-3363	784	7	,	,	PUNCT
cjal-3363	784	8	and	and	CCONJ
cjal-3363	784	9	needs	need	VERB
cjal-3363	784	10	significant	significant	ADJ
cjal-3363	784	11	regulation	regulation	NOUN
cjal-3363	784	12	to	to	PART
cjal-3363	784	13	protect	protect	VERB
cjal-3363	784	14	consumers	consumer	NOUN
cjal-3363	784	15	.	.	PUNCT
cjal-3363	785	1	china	china	PROPN
cjal-3363	785	2	has	have	AUX
cjal-3363	785	3	allowed	allow	VERB
cjal-3363	785	4	private	private	ADJ
cjal-3363	785	5	capital	capital	NOUN
cjal-3363	785	6	to	to	PART
cjal-3363	785	7	enter	enter	VERB
cjal-3363	785	8	the	the	DET
cjal-3363	785	9	insurance	insurance	NOUN
cjal-3363	785	10	industry	industry	NOUN
cjal-3363	785	11	,	,	PUNCT
cjal-3363	785	12	which	which	PRON
cjal-3363	785	13	provides	provide	VERB
cjal-3363	785	14	evidence	evidence	NOUN
cjal-3363	785	15	that	that	PRON
cjal-3363	785	16	illuminates	illuminate	VERB
cjal-3363	785	17	the	the	DET
cjal-3363	785	18	relationship	relationship	NOUN
cjal-3363	785	19	between	between	ADP
cjal-3363	785	20	state	state	NOUN
cjal-3363	785	21	ownership	ownership	NOUN
cjal-3363	785	22	and	and	CCONJ
cjal-3363	785	23	regulation	regulation	NOUN
cjal-3363	785	24	.	.	PUNCT
cjal-3363	786	1	columbia	columbia	PROPN
cjal-3363	786	2	journal	journal	PROPN
cjal-3363	786	3	of	of	ADP
cjal-3363	786	4	asian	asian	ADJ
cjal-3363	786	5	law	law	NOUN
cjal-3363	787	1	[	[	X
cjal-3363	787	2	vol	vol	NOUN
cjal-3363	787	3	.	.	PUNCT
cjal-3363	788	1	31:1	31:1	NUM
cjal-3363	788	2	54	54	NUM
cjal-3363	788	3	1	1	NUM
cjal-3363	788	4	.	.	PUNCT
cjal-3363	789	1	difficulties	difficulty	NOUN
cjal-3363	789	2	in	in	ADP
cjal-3363	789	3	insurance	insurance	NOUN
cjal-3363	789	4	regulation	regulation	NOUN
cjal-3363	789	5	insurance	insurance	NOUN
cjal-3363	789	6	,	,	PUNCT
cjal-3363	789	7	especially	especially	ADV
cjal-3363	789	8	life	life	NOUN
cjal-3363	789	9	insurance	insurance	NOUN
cjal-3363	789	10	,	,	PUNCT
cjal-3363	789	11	often	often	ADV
cjal-3363	789	12	involves	involve	VERB
cjal-3363	789	13	long	long	ADJ
cjal-3363	789	14	-	-	PUNCT
cjal-3363	789	15	term	term	NOUN
cjal-3363	789	16	contracting	contracting	NOUN
cjal-3363	789	17	with	with	ADP
cjal-3363	789	18	uncertainty	uncertainty	NOUN
cjal-3363	789	19	.	.	PUNCT
cjal-3363	790	1	insurance	insurance	NOUN
cjal-3363	790	2	companies	company	NOUN
cjal-3363	790	3	may	may	AUX
cjal-3363	790	4	lack	lack	VERB
cjal-3363	790	5	sufficient	sufficient	ADJ
cjal-3363	790	6	incentive	incentive	NOUN
cjal-3363	790	7	to	to	PART
cjal-3363	790	8	maintain	maintain	VERB
cjal-3363	790	9	solvency,155	solvency,155	PUNCT
cjal-3363	790	10	because	because	SCONJ
cjal-3363	790	11	they	they	PRON
cjal-3363	790	12	do	do	AUX
cjal-3363	790	13	not	not	PART
cjal-3363	790	14	take	take	VERB
cjal-3363	790	15	into	into	ADP
cjal-3363	790	16	account	account	NOUN
cjal-3363	790	17	the	the	DET
cjal-3363	790	18	interests	interest	NOUN
cjal-3363	790	19	of	of	ADP
cjal-3363	790	20	policyholders	policyholder	NOUN
cjal-3363	790	21	in	in	ADP
cjal-3363	790	22	their	their	PRON
cjal-3363	790	23	financial	financial	ADJ
cjal-3363	790	24	solidarity.156	solidarity.156	NOUN
cjal-3363	790	25	for	for	ADP
cjal-3363	790	26	this	this	DET
cjal-3363	790	27	reason	reason	NOUN
cjal-3363	790	28	,	,	PUNCT
cjal-3363	790	29	regulators	regulator	NOUN
cjal-3363	790	30	generally	generally	ADV
cjal-3363	790	31	require	require	VERB
cjal-3363	790	32	insurance	insurance	NOUN
cjal-3363	790	33	companies	company	NOUN
cjal-3363	790	34	to	to	PART
cjal-3363	790	35	maintain	maintain	VERB
cjal-3363	790	36	sufficient	sufficient	ADJ
cjal-3363	790	37	reserves	reserve	NOUN
cjal-3363	790	38	to	to	PART
cjal-3363	790	39	ensure	ensure	VERB
cjal-3363	790	40	future	future	ADJ
cjal-3363	790	41	payments	payment	NOUN
cjal-3363	790	42	.	.	PUNCT
cjal-3363	791	1	157	157	NUM
cjal-3363	791	2	another	another	DET
cjal-3363	791	3	source	source	NOUN
cjal-3363	791	4	of	of	ADP
cjal-3363	791	5	market	market	NOUN
cjal-3363	791	6	failures	failure	NOUN
cjal-3363	791	7	in	in	ADP
cjal-3363	791	8	the	the	DET
cjal-3363	791	9	insurance	insurance	NOUN
cjal-3363	791	10	industry	industry	NOUN
cjal-3363	791	11	is	be	AUX
cjal-3363	791	12	the	the	DET
cjal-3363	791	13	“	"	PUNCT
cjal-3363	791	14	lock	lock	NOUN
cjal-3363	791	15	-	-	PUNCT
cjal-3363	791	16	in	in	ADP
cjal-3363	791	17	”	"	PUNCT
cjal-3363	791	18	arrangement	arrangement	NOUN
cjal-3363	791	19	.	.	PUNCT
cjal-3363	792	1	insurance	insurance	NOUN
cjal-3363	792	2	policyholders	policyholder	NOUN
cjal-3363	792	3	usually	usually	ADV
cjal-3363	792	4	pay	pay	VERB
cjal-3363	792	5	more	more	ADJ
cjal-3363	792	6	than	than	ADP
cjal-3363	792	7	what	what	PRON
cjal-3363	792	8	the	the	DET
cjal-3363	792	9	policy	policy	NOUN
cjal-3363	792	10	is	be	AUX
cjal-3363	792	11	worth	worth	ADJ
cjal-3363	792	12	early	early	ADV
cjal-3363	792	13	on	on	ADV
cjal-3363	792	14	and	and	CCONJ
cjal-3363	792	15	less	less	ADJ
cjal-3363	792	16	in	in	ADP
cjal-3363	792	17	the	the	DET
cjal-3363	792	18	later	later	ADJ
cjal-3363	792	19	years	year	NOUN
cjal-3363	792	20	.	.	PUNCT
cjal-3363	793	1	this	this	DET
cjal-3363	793	2	arrangement	arrangement	NOUN
cjal-3363	793	3	is	be	AUX
cjal-3363	793	4	necessary	necessary	ADJ
cjal-3363	793	5	for	for	SCONJ
cjal-3363	793	6	insurance	insurance	NOUN
cjal-3363	793	7	companies	company	NOUN
cjal-3363	793	8	to	to	PART
cjal-3363	793	9	overcome	overcome	VERB
cjal-3363	793	10	the	the	DET
cjal-3363	793	11	adverse	adverse	ADJ
cjal-3363	793	12	selection	selection	NOUN
cjal-3363	793	13	problem.158	problem.158	NOUN
cjal-3363	793	14	however	however	ADV
cjal-3363	793	15	,	,	PUNCT
cjal-3363	793	16	the	the	DET
cjal-3363	793	17	“	"	PUNCT
cjal-3363	793	18	lock	lock	NOUN
cjal-3363	793	19	-	-	PUNCT
cjal-3363	793	20	in	in	ADP
cjal-3363	793	21	”	"	PUNCT
cjal-3363	793	22	arrangement	arrangement	NOUN
cjal-3363	793	23	gives	give	VERB
cjal-3363	793	24	rise	rise	NOUN
cjal-3363	793	25	to	to	ADP
cjal-3363	793	26	the	the	DET
cjal-3363	793	27	danger	danger	NOUN
cjal-3363	793	28	that	that	SCONJ
cjal-3363	793	29	insurance	insurance	NOUN
cjal-3363	793	30	companies	company	NOUN
cjal-3363	793	31	will	will	AUX
cjal-3363	793	32	deceive	deceive	VERB
cjal-3363	793	33	consumers	consumer	NOUN
cjal-3363	793	34	into	into	ADP
cjal-3363	793	35	purchasing	purchase	VERB
cjal-3363	793	36	insurance	insurance	NOUN
cjal-3363	793	37	policies	policy	NOUN
cjal-3363	793	38	and	and	CCONJ
cjal-3363	793	39	act	act	VERB
cjal-3363	793	40	opportunistically	opportunistically	ADV
cjal-3363	793	41	in	in	ADP
cjal-3363	793	42	the	the	DET
cjal-3363	793	43	later	later	ADJ
cjal-3363	793	44	period	period	NOUN
cjal-3363	793	45	by	by	ADP
cjal-3363	793	46	invoking	invoke	VERB
cjal-3363	793	47	various	various	ADJ
cjal-3363	793	48	excuses	excuse	NOUN
cjal-3363	793	49	to	to	PART
cjal-3363	793	50	rescind	rescind	VERB
cjal-3363	793	51	the	the	DET
cjal-3363	793	52	contracts	contract	NOUN
cjal-3363	793	53	.	.	PUNCT
cjal-3363	794	1	159	159	NUM
cjal-3363	794	2	property	property	NOUN
cjal-3363	794	3	insurance	insurance	NOUN
cjal-3363	794	4	has	have	VERB
cjal-3363	794	5	similar	similar	ADJ
cjal-3363	794	6	relational	relational	ADJ
cjal-3363	794	7	contracting	contracting	NOUN
cjal-3363	794	8	problems	problem	NOUN
cjal-3363	794	9	,	,	PUNCT
cjal-3363	794	10	although	although	SCONJ
cjal-3363	794	11	it	it	PRON
cjal-3363	794	12	usually	usually	ADV
cjal-3363	794	13	has	have	VERB
cjal-3363	794	14	a	a	DET
cjal-3363	794	15	shorter	short	ADJ
cjal-3363	794	16	term	term	NOUN
cjal-3363	794	17	.	.	PUNCT
cjal-3363	795	1	thus	thus	ADV
cjal-3363	795	2	,	,	PUNCT
cjal-3363	795	3	the	the	DET
cjal-3363	795	4	sales	sale	NOUN
cjal-3363	795	5	of	of	ADP
cjal-3363	795	6	policies	policy	NOUN
cjal-3363	795	7	need	need	VERB
cjal-3363	795	8	to	to	PART
cjal-3363	795	9	be	be	AUX
cjal-3363	795	10	regulated	regulate	VERB
cjal-3363	795	11	.	.	PUNCT
cjal-3363	796	1	2	2	X
cjal-3363	796	2	.	.	X
cjal-3363	796	3	the	the	DET
cjal-3363	796	4	role	role	NOUN
cjal-3363	796	5	of	of	ADP
cjal-3363	796	6	state	state	NOUN
cjal-3363	796	7	-	-	PUNCT
cjal-3363	796	8	owned	own	VERB
cjal-3363	796	9	insurance	insurance	NOUN
cjal-3363	796	10	companies	company	NOUN
cjal-3363	796	11	insurance	insurance	NOUN
cjal-3363	796	12	companies	company	NOUN
cjal-3363	796	13	with	with	ADP
cjal-3363	796	14	different	different	ADJ
cjal-3363	796	15	types	type	NOUN
cjal-3363	796	16	of	of	ADP
cjal-3363	796	17	owners	owner	NOUN
cjal-3363	796	18	co	co	VERB
cjal-3363	796	19	-	-	NOUN
cjal-3363	796	20	exist	exist	VERB
cjal-3363	796	21	in	in	ADP
cjal-3363	796	22	china	china	PROPN
cjal-3363	796	23	.	.	PUNCT
cjal-3363	797	1	some	some	PRON
cjal-3363	797	2	are	be	AUX
cjal-3363	797	3	held	hold	VERB
cjal-3363	797	4	by	by	ADP
cjal-3363	797	5	the	the	DET
cjal-3363	797	6	central	central	ADJ
cjal-3363	797	7	government	government	NOUN
cjal-3363	797	8	.	.	PUNCT
cjal-3363	798	1	some	some	PRON
cjal-3363	798	2	are	be	AUX
cjal-3363	798	3	held	hold	VERB
cjal-3363	798	4	by	by	ADP
cjal-3363	798	5	local	local	ADJ
cjal-3363	798	6	governments	government	NOUN
cjal-3363	798	7	,	,	PUNCT
cjal-3363	798	8	soes	soe	NOUN
cjal-3363	798	9	,	,	PUNCT
cjal-3363	798	10	or	or	CCONJ
cjal-3363	798	11	private	private	ADJ
cjal-3363	798	12	investors	investor	NOUN
cjal-3363	798	13	.	.	PUNCT
cjal-3363	799	1	the	the	DET
cjal-3363	799	2	stateowned	stateowne	VERB
cjal-3363	799	3	ones	one	NOUN
cjal-3363	799	4	referred	refer	VERB
cjal-3363	799	5	to	to	ADP
cjal-3363	799	6	herein	herein	NOUN
cjal-3363	799	7	are	be	AUX
cjal-3363	799	8	the	the	DET
cjal-3363	799	9	corporations	corporation	NOUN
cjal-3363	799	10	directly	directly	ADV
cjal-3363	799	11	or	or	CCONJ
cjal-3363	799	12	indirectly	indirectly	ADV
cjal-3363	799	13	controlled	control	VERB
cjal-3363	799	14	by	by	ADP
cjal-3363	799	15	the	the	DET
cjal-3363	799	16	central	central	ADJ
cjal-3363	799	17	government	government	NOUN
cjal-3363	799	18	,	,	PUNCT
cjal-3363	799	19	including	include	VERB
cjal-3363	799	20	people	people	NOUN
cjal-3363	799	21	's	's	PART
cjal-3363	799	22	insurance	insurance	NOUN
cjal-3363	799	23	company	company	NOUN
cjal-3363	799	24	of	of	ADP
cjal-3363	799	25	china	china	PROPN
cjal-3363	799	26	(	(	PUNCT
cjal-3363	799	27	picc	picc	PROPN
cjal-3363	799	28	)	)	PUNCT
cjal-3363	799	29	,	,	PUNCT
cjal-3363	799	30	people	people	NOUN
cjal-3363	799	31	’s	’s	PART
cjal-3363	799	32	life	life	NOUN
cjal-3363	799	33	insurance	insurance	NOUN
cjal-3363	799	34	company	company	NOUN
cjal-3363	799	35	of	of	ADP
cjal-3363	799	36	china	china	PROPN
cjal-3363	799	37	(	(	PUNCT
cjal-3363	799	38	plicc	plicc	NOUN
cjal-3363	799	39	)	)	PUNCT
cjal-3363	799	40	,	,	PUNCT
cjal-3363	799	41	chinese	chinese	ADJ
cjal-3363	799	42	reinsurance	reinsurance	NOUN
cjal-3363	799	43	company	company	NOUN
cjal-3363	799	44	,	,	PUNCT
cjal-3363	799	45	china	china	PROPN
cjal-3363	799	46	taiping	taiping	PROPN
cjal-3363	799	47	life	life	PROPN
cjal-3363	799	48	insurance	insurance	PROPN
cjal-3363	799	49	155	155	NUM
cjal-3363	799	50	spencer	spencer	PROPN
cjal-3363	799	51	l.	l.	PROPN
cjal-3363	799	52	kimball	kimball	PROPN
cjal-3363	799	53	,	,	PUNCT
cjal-3363	799	54	the	the	DET
cjal-3363	799	55	purpose	purpose	NOUN
cjal-3363	799	56	of	of	ADP
cjal-3363	799	57	insurance	insurance	NOUN
cjal-3363	799	58	regulation	regulation	NOUN
cjal-3363	799	59	:	:	PUNCT
cjal-3363	799	60	a	a	DET
cjal-3363	799	61	preliminary	preliminary	ADJ
cjal-3363	799	62	inquiry	inquiry	NOUN
cjal-3363	799	63	in	in	ADP
cjal-3363	799	64	the	the	DET
cjal-3363	799	65	theory	theory	NOUN
cjal-3363	799	66	of	of	ADP
cjal-3363	799	67	insurance	insurance	NOUN
cjal-3363	799	68	law	law	NOUN
cjal-3363	799	69	,	,	PUNCT
cjal-3363	799	70	45	45	NUM
cjal-3363	799	71	minn	minn	NOUN
cjal-3363	799	72	.	.	PUNCT
cjal-3363	800	1	l.	l.	PROPN
cjal-3363	800	2	rev	rev	PROPN
cjal-3363	800	3	.	.	PROPN
cjal-3363	800	4	471	471	NUM
cjal-3363	800	5	,	,	PUNCT
cjal-3363	800	6	478	478	NUM
cjal-3363	800	7	-	-	SYM
cjal-3363	800	8	80	80	NUM
cjal-3363	800	9	(	(	PUNCT
cjal-3363	800	10	1961	1961	NUM
cjal-3363	800	11	)	)	PUNCT
cjal-3363	800	12	.	.	PUNCT
cjal-3363	801	1	156	156	NUM
cjal-3363	801	2	angelo	angelo	PROPN
cjal-3363	801	3	borselli	borselli	PROPN
cjal-3363	801	4	,	,	PUNCT
cjal-3363	801	5	insurance	insurance	NOUN
cjal-3363	801	6	rates	rate	NOUN
cjal-3363	801	7	regulation	regulation	NOUN
cjal-3363	801	8	in	in	ADP
cjal-3363	801	9	comparison	comparison	NOUN
cjal-3363	801	10	with	with	ADP
cjal-3363	801	11	open	open	ADJ
cjal-3363	801	12	competition	competition	NOUN
cjal-3363	801	13	,	,	PUNCT
cjal-3363	801	14	18	18	NUM
cjal-3363	801	15	conn	conn	NOUN
cjal-3363	801	16	.	.	PUNCT
cjal-3363	802	1	ins	ins	PROPN
cjal-3363	802	2	.	.	PUNCT
cjal-3363	803	1	l.	l.	PROPN
cjal-3363	803	2	j.	j.	PROPN
cjal-3363	803	3	109	109	PROPN
cjal-3363	803	4	,	,	PUNCT
cjal-3363	803	5	129	129	NUM
cjal-3363	803	6	(	(	PUNCT
cjal-3363	803	7	2011	2011	NUM
cjal-3363	803	8	)	)	PUNCT
cjal-3363	803	9	.	.	PUNCT
cjal-3363	804	1	157	157	NUM
cjal-3363	804	2	henry	henry	PROPN
cjal-3363	804	3	hansmann	hansmann	PROPN
cjal-3363	804	4	,	,	PUNCT
cjal-3363	804	5	the	the	DET
cjal-3363	804	6	organization	organization	NOUN
cjal-3363	804	7	of	of	ADP
cjal-3363	804	8	insurance	insurance	NOUN
cjal-3363	804	9	companies	company	NOUN
cjal-3363	804	10	:	:	PUNCT
cjal-3363	804	11	mutual	mutual	ADJ
cjal-3363	804	12	versus	versus	ADP
cjal-3363	804	13	stock	stock	NOUN
cjal-3363	804	14	,	,	PUNCT
cjal-3363	804	15	1	1	NUM
cjal-3363	804	16	j.	j.	PROPN
cjal-3363	804	17	l.	l.	PROPN
cjal-3363	804	18	econ	econ	PROPN
cjal-3363	804	19	.	.	PROPN
cjal-3363	804	20	&	&	CCONJ
cjal-3363	804	21	org	org	PROPN
cjal-3363	804	22	.	.	PROPN
cjal-3363	804	23	125	125	NUM
cjal-3363	804	24	,	,	PUNCT
cjal-3363	804	25	130	130	NUM
cjal-3363	804	26	(	(	PUNCT
cjal-3363	804	27	1985	1985	NUM
cjal-3363	804	28	)	)	PUNCT
cjal-3363	804	29	.	.	PUNCT
cjal-3363	805	1	158	158	NUM
cjal-3363	805	2	i	i	NOUN
cjal-3363	805	3	d	d	PROPN
cjal-3363	805	4	,	,	PUNCT
cjal-3363	805	5	at	at	ADP
cjal-3363	805	6	132	132	NUM
cjal-3363	805	7	.	.	NOUN
cjal-3363	805	8	159	159	NUM
cjal-3363	805	9	i	i	PROPN
cjal-3363	805	10	d	d	PROPN
cjal-3363	805	11	,	,	PUNCT
cjal-3363	805	12	at	at	ADP
cjal-3363	805	13	133	133	NUM
cjal-3363	805	14	.	.	PUNCT
cjal-3363	806	1	see	see	VERB
cjal-3363	806	2	e.g.	e.g.	ADV
cjal-3363	806	3	,	,	PUNCT
cjal-3363	806	4	su	su	PROPN
cjal-3363	806	5	xiangcheng	xiangcheng	PROPN
cjal-3363	806	6	deng	deng	PROPN
cjal-3363	806	7	su	su	PROPN
cjal-3363	806	8	zhongmei	zhongmei	PROPN
cjal-3363	806	9	liantai	liantai	PROPN
cjal-3363	806	10	daduhui	daduhui	PROPN
cjal-3363	806	11	renshou	renshou	PROPN
cjal-3363	806	12	baoxian	baoxian	PROPN
cjal-3363	806	13	youxiangongsi	youxiangongsi	PROPN
cjal-3363	806	14	beijing	beijing	PROPN
cjal-3363	806	15	fengongsi	fengongsi	PROPN
cjal-3363	806	16	(	(	PUNCT
cjal-3363	806	17	苏向成等诉中美联泰大都会人寿保险有限公司北京分公司)[su	苏向成等诉中美联泰大都会人寿保险有限公司北京分公司)[su	NUM
cjal-3363	806	18	xiangdong	xiangdong	NOUN
cjal-3363	806	19	et	et	PROPN
cjal-3363	806	20	al	al	PROPN
cjal-3363	806	21	v.	v.	PROPN
cjal-3363	806	22	zhongmei	zhongmei	PROPN
cjal-3363	806	23	liantai	liantai	PROPN
cjal-3363	806	24	daduhui	daduhui	PROPN
cjal-3363	806	25	life	life	PROPN
cjal-3363	806	26	insurance	insurance	PROPN
cjal-3363	806	27	ltd	ltd	PROPN
cjal-3363	806	28	.	.	PROPN
cjal-3363	806	29	beijing	beijing	PROPN
cjal-3363	806	30	branch](no.4	branch](no.4	PROPN
cjal-3363	806	31	intermediate	intermediate	ADJ
cjal-3363	806	32	people	people	NOUN
cjal-3363	806	33	’s	’s	PART
cjal-3363	806	34	ct	ct	PROPN
cjal-3363	806	35	.	.	PROPN
cjal-3363	806	36	of	of	ADP
cjal-3363	806	37	beijing	beijing	PROPN
cjal-3363	806	38	,	,	PUNCT
cjal-3363	806	39	apr	apr	PROPN
cjal-3363	806	40	.	.	PROPN
cjal-3363	806	41	8	8	NUM
cjal-3363	806	42	,	,	PUNCT
cjal-3363	806	43	2016)(china	2016)(china	NUM
cjal-3363	806	44	)	)	PUNCT
cjal-3363	806	45	.	.	PUNCT
cjal-3363	807	1	2017	2017	NUM
cjal-3363	807	2	]	]	PUNCT
cjal-3363	807	3	state	state	NOUN
cjal-3363	807	4	ownership	ownership	NOUN
cjal-3363	807	5	and	and	CCONJ
cjal-3363	807	6	regulatory	regulatory	ADJ
cjal-3363	807	7	costs	cost	NOUN
cjal-3363	807	8	55	55	NUM
cjal-3363	807	9	company	company	NOUN
cjal-3363	807	10	limited	limit	VERB
cjal-3363	807	11	,	,	PUNCT
cjal-3363	807	12	and	and	CCONJ
cjal-3363	807	13	their	their	PRON
cjal-3363	807	14	subsidiaries.160	subsidiaries.160	NOUN
cjal-3363	807	15	the	the	DET
cjal-3363	807	16	market	market	NOUN
cjal-3363	807	17	share	share	NOUN
cjal-3363	807	18	of	of	ADP
cjal-3363	807	19	soes	soe	NOUN
cjal-3363	807	20	gradually	gradually	ADV
cjal-3363	807	21	declined	decline	VERB
cjal-3363	807	22	over	over	ADP
cjal-3363	807	23	years	year	NOUN
cjal-3363	807	24	.	.	PUNCT
cjal-3363	808	1	the	the	DET
cjal-3363	808	2	percentage	percentage	NOUN
cjal-3363	808	3	of	of	ADP
cjal-3363	808	4	premiums	premium	NOUN
cjal-3363	808	5	collected	collect	VERB
cjal-3363	808	6	by	by	ADP
cjal-3363	808	7	the	the	DET
cjal-3363	808	8	state	state	NOUN
cjal-3363	808	9	-	-	PUNCT
cjal-3363	808	10	owned	own	VERB
cjal-3363	808	11	insurance	insurance	NOUN
cjal-3363	808	12	companies	company	NOUN
cjal-3363	808	13	compared	compare	VERB
cjal-3363	808	14	to	to	ADP
cjal-3363	808	15	the	the	DET
cjal-3363	808	16	premiums	premium	NOUN
cjal-3363	808	17	collected	collect	VERB
cjal-3363	808	18	by	by	ADP
cjal-3363	808	19	the	the	DET
cjal-3363	808	20	entire	entire	ADJ
cjal-3363	808	21	industry	industry	NOUN
cjal-3363	808	22	has	have	AUX
cjal-3363	808	23	generally	generally	ADV
cjal-3363	808	24	declined	decline	VERB
cjal-3363	808	25	over	over	ADP
cjal-3363	808	26	the	the	DET
cjal-3363	808	27	past	past	NOUN
cjal-3363	808	28	years.161	years.161	NOUN
cjal-3363	808	29	the	the	DET
cjal-3363	808	30	decline	decline	NOUN
cjal-3363	808	31	reflects	reflect	VERB
cjal-3363	808	32	the	the	DET
cjal-3363	808	33	influence	influence	NOUN
cjal-3363	808	34	of	of	ADP
cjal-3363	808	35	state	state	NOUN
cjal-3363	808	36	ownership	ownership	NOUN
cjal-3363	808	37	in	in	ADP
cjal-3363	808	38	the	the	DET
cjal-3363	808	39	market	market	NOUN
cjal-3363	808	40	:	:	PUNCT
cjal-3363	808	41	the	the	DET
cjal-3363	808	42	drop	drop	NOUN
cjal-3363	808	43	of	of	ADP
cjal-3363	808	44	market	market	NOUN
cjal-3363	808	45	share	share	NOUN
cjal-3363	808	46	may	may	AUX
cjal-3363	808	47	indicate	indicate	VERB
cjal-3363	808	48	that	that	SCONJ
cjal-3363	808	49	state	state	NOUN
cjal-3363	808	50	-	-	PUNCT
cjal-3363	808	51	owned	own	VERB
cjal-3363	808	52	insurance	insurance	NOUN
cjal-3363	808	53	companies	company	NOUN
cjal-3363	808	54	have	have	VERB
cjal-3363	808	55	trouble	trouble	NOUN
cjal-3363	808	56	competing	compete	VERB
cjal-3363	808	57	with	with	ADP
cjal-3363	808	58	other	other	ADJ
cjal-3363	808	59	enterprises	enterprise	NOUN
cjal-3363	808	60	,	,	PUNCT
cjal-3363	808	61	which	which	PRON
cjal-3363	808	62	might	might	AUX
cjal-3363	808	63	be	be	AUX
cjal-3363	808	64	a	a	DET
cjal-3363	808	65	result	result	NOUN
cjal-3363	808	66	of	of	ADP
cjal-3363	808	67	high	high	ADJ
cjal-3363	808	68	ownership	ownership	NOUN
cjal-3363	808	69	costs	cost	NOUN
cjal-3363	808	70	.	.	PUNCT
cjal-3363	809	1	3	3	X
cjal-3363	809	2	.	.	X
cjal-3363	809	3	comparison	comparison	NOUN
cjal-3363	809	4	of	of	ADP
cjal-3363	809	5	the	the	DET
cjal-3363	809	6	role	role	NOUN
cjal-3363	809	7	of	of	ADP
cjal-3363	809	8	state	state	NOUN
cjal-3363	809	9	ownership	ownership	NOUN
cjal-3363	809	10	across	across	ADP
cjal-3363	809	11	sectors	sector	NOUN
cjal-3363	809	12	as	as	SCONJ
cjal-3363	809	13	the	the	DET
cjal-3363	809	14	below	below	ADP
cjal-3363	809	15	subsection	subsection	NOUN
cjal-3363	809	16	illustrates	illustrate	VERB
cjal-3363	809	17	,	,	PUNCT
cjal-3363	809	18	the	the	DET
cjal-3363	809	19	market	market	NOUN
cjal-3363	809	20	share	share	NOUN
cjal-3363	809	21	of	of	ADP
cjal-3363	809	22	soes	soe	NOUN
cjal-3363	809	23	is	be	AUX
cjal-3363	809	24	different	different	ADJ
cjal-3363	809	25	across	across	ADP
cjal-3363	809	26	sub	sub	NOUN
cjal-3363	809	27	-	-	NOUN
cjal-3363	809	28	sectors	sector	NOUN
cjal-3363	809	29	,	,	PUNCT
cjal-3363	809	30	which	which	PRON
cjal-3363	809	31	may	may	AUX
cjal-3363	809	32	serve	serve	VERB
cjal-3363	809	33	as	as	ADP
cjal-3363	809	34	evidence	evidence	NOUN
cjal-3363	809	35	of	of	ADP
cjal-3363	809	36	the	the	DET
cjal-3363	809	37	relationship	relationship	NOUN
cjal-3363	809	38	between	between	ADP
cjal-3363	809	39	state	state	NOUN
cjal-3363	809	40	ownership	ownership	NOUN
cjal-3363	809	41	and	and	CCONJ
cjal-3363	809	42	regulation	regulation	NOUN
cjal-3363	809	43	.	.	PUNCT
cjal-3363	810	1	in	in	ADP
cjal-3363	810	2	china	china	PROPN
cjal-3363	810	3	,	,	PUNCT
cjal-3363	810	4	the	the	DET
cjal-3363	810	5	larger	large	ADJ
cjal-3363	810	6	insurance	insurance	NOUN
cjal-3363	810	7	market	market	NOUN
cjal-3363	810	8	can	can	AUX
cjal-3363	810	9	be	be	AUX
cjal-3363	810	10	divided	divide	VERB
cjal-3363	810	11	into	into	ADP
cjal-3363	810	12	four	four	NUM
cjal-3363	810	13	markets	market	NOUN
cjal-3363	810	14	:	:	PUNCT
cjal-3363	810	15	the	the	DET
cjal-3363	810	16	property	property	NOUN
cjal-3363	810	17	insurance	insurance	NOUN
cjal-3363	810	18	market	market	NOUN
cjal-3363	810	19	,	,	PUNCT
cjal-3363	810	20	the	the	DET
cjal-3363	810	21	casualty	casualty	NOUN
cjal-3363	810	22	and	and	CCONJ
cjal-3363	810	23	health	health	NOUN
cjal-3363	810	24	insurance	insurance	NOUN
cjal-3363	810	25	market	market	NOUN
cjal-3363	810	26	,	,	PUNCT
cjal-3363	810	27	the	the	DET
cjal-3363	810	28	traditional	traditional	ADJ
cjal-3363	810	29	life	life	NOUN
cjal-3363	810	30	insurance	insurance	NOUN
cjal-3363	810	31	market	market	NOUN
cjal-3363	810	32	,	,	PUNCT
cjal-3363	810	33	and	and	CCONJ
cjal-3363	810	34	the	the	DET
cjal-3363	810	35	innovative	innovative	ADJ
cjal-3363	810	36	life	life	NOUN
cjal-3363	810	37	insurance	insurance	NOUN
cjal-3363	810	38	market	market	NOUN
cjal-3363	810	39	.	.	PUNCT
cjal-3363	811	1	innovative	innovative	ADJ
cjal-3363	811	2	life	life	NOUN
cjal-3363	811	3	insurance	insurance	NOUN
cjal-3363	811	4	policies	policy	NOUN
cjal-3363	811	5	can	can	AUX
cjal-3363	811	6	be	be	AUX
cjal-3363	811	7	further	far	ADV
cjal-3363	811	8	divided	divide	VERB
cjal-3363	811	9	into	into	ADP
cjal-3363	811	10	participating	participate	VERB
cjal-3363	811	11	life	life	NOUN
cjal-3363	811	12	insurance	insurance	NOUN
cjal-3363	811	13	and	and	CCONJ
cjal-3363	811	14	other	other	ADJ
cjal-3363	811	15	innovative	innovative	ADJ
cjal-3363	811	16	types	type	NOUN
cjal-3363	811	17	of	of	ADP
cjal-3363	811	18	life	life	NOUN
cjal-3363	811	19	insurance	insurance	NOUN
cjal-3363	811	20	.	.	PUNCT
cjal-3363	812	1	insurance	insurance	NOUN
cjal-3363	812	2	companies	company	NOUN
cjal-3363	812	3	in	in	ADP
cjal-3363	812	4	china	china	PROPN
cjal-3363	812	5	are	be	AUX
cjal-3363	812	6	mainly	mainly	ADV
cjal-3363	812	7	divided	divide	VERB
cjal-3363	812	8	into	into	ADP
cjal-3363	812	9	two	two	NUM
cjal-3363	812	10	types	type	NOUN
cjal-3363	812	11	:	:	PUNCT
cjal-3363	812	12	property	property	NOUN
cjal-3363	812	13	insurance	insurance	NOUN
cjal-3363	812	14	companies	company	NOUN
cjal-3363	812	15	and	and	CCONJ
cjal-3363	812	16	life	life	NOUN
cjal-3363	812	17	insurance	insurance	NOUN
cjal-3363	812	18	companies	company	NOUN
cjal-3363	812	19	.	.	PUNCT
cjal-3363	813	1	property	property	NOUN
cjal-3363	813	2	insurance	insurance	NOUN
cjal-3363	813	3	companies	company	NOUN
cjal-3363	813	4	conduct	conduct	VERB
cjal-3363	813	5	business	business	NOUN
cjal-3363	813	6	in	in	ADP
cjal-3363	813	7	the	the	DET
cjal-3363	813	8	property	property	NOUN
cjal-3363	813	9	insurance	insurance	NOUN
cjal-3363	813	10	market	market	NOUN
cjal-3363	813	11	and	and	CCONJ
cjal-3363	813	12	the	the	DET
cjal-3363	813	13	short	short	ADJ
cjal-3363	813	14	-	-	PUNCT
cjal-3363	813	15	term	term	NOUN
cjal-3363	813	16	casualty	casualty	NOUN
cjal-3363	813	17	and	and	CCONJ
cjal-3363	813	18	health	health	NOUN
cjal-3363	813	19	insurance	insurance	NOUN
cjal-3363	813	20	market	market	NOUN
cjal-3363	813	21	,	,	PUNCT
cjal-3363	813	22	while	while	SCONJ
cjal-3363	813	23	life	life	NOUN
cjal-3363	813	24	insurance	insurance	NOUN
cjal-3363	813	25	companies	company	NOUN
cjal-3363	813	26	conduct	conduct	VERB
cjal-3363	813	27	businesses	business	NOUN
cjal-3363	813	28	in	in	ADP
cjal-3363	813	29	the	the	DET
cjal-3363	813	30	traditional	traditional	ADJ
cjal-3363	813	31	life	life	NOUN
cjal-3363	813	32	insurance	insurance	NOUN
cjal-3363	813	33	market	market	NOUN
cjal-3363	813	34	,	,	PUNCT
cjal-3363	813	35	the	the	DET
cjal-3363	813	36	innovative	innovative	ADJ
cjal-3363	813	37	life	life	NOUN
cjal-3363	813	38	insurance	insurance	NOUN
cjal-3363	813	39	market	market	NOUN
cjal-3363	813	40	,	,	PUNCT
cjal-3363	813	41	and	and	CCONJ
cjal-3363	813	42	the	the	DET
cjal-3363	813	43	long	long	ADJ
cjal-3363	813	44	-	-	PUNCT
cjal-3363	813	45	term	term	NOUN
cjal-3363	813	46	casualty	casualty	NOUN
cjal-3363	813	47	and	and	CCONJ
cjal-3363	813	48	health	health	NOUN
cjal-3363	813	49	insurance	insurance	NOUN
cjal-3363	813	50	market	market	NOUN
cjal-3363	813	51	.	.	PUNCT
cjal-3363	814	1	a.	a.	NOUN
cjal-3363	814	2	traditional	traditional	ADJ
cjal-3363	814	3	life	life	NOUN
cjal-3363	814	4	insurance	insurance	NOUN
cjal-3363	814	5	v.	v.	ADP
cjal-3363	814	6	property	property	NOUN
cjal-3363	814	7	insurance	insurance	NOUN
cjal-3363	814	8	as	as	SCONJ
cjal-3363	814	9	illustrated	illustrate	VERB
cjal-3363	814	10	in	in	ADP
cjal-3363	814	11	the	the	DET
cjal-3363	814	12	table	table	NOUN
cjal-3363	814	13	below	below	ADV
cjal-3363	814	14	,	,	PUNCT
cjal-3363	814	15	soes	soe	NOUN
cjal-3363	814	16	have	have	AUX
cjal-3363	814	17	had	have	VERB
cjal-3363	814	18	a	a	DET
cjal-3363	814	19	larger	large	ADJ
cjal-3363	814	20	market	market	NOUN
cjal-3363	814	21	share	share	NOUN
cjal-3363	814	22	in	in	ADP
cjal-3363	814	23	traditional	traditional	ADJ
cjal-3363	814	24	life	life	NOUN
cjal-3363	814	25	insurance	insurance	NOUN
cjal-3363	814	26	than	than	ADP
cjal-3363	814	27	in	in	ADP
cjal-3363	814	28	property	property	NOUN
cjal-3363	814	29	insurance	insurance	NOUN
cjal-3363	814	30	most	most	ADJ
cjal-3363	814	31	years	year	NOUN
cjal-3363	814	32	.	.	PUNCT
cjal-3363	815	1	one	one	NUM
cjal-3363	815	2	possible	possible	ADJ
cjal-3363	815	3	explanation	explanation	NOUN
cjal-3363	815	4	is	be	AUX
cjal-3363	815	5	that	that	SCONJ
cjal-3363	815	6	consumers	consumer	NOUN
cjal-3363	815	7	purchasing	purchase	VERB
cjal-3363	815	8	traditional	traditional	ADJ
cjal-3363	815	9	life	life	NOUN
cjal-3363	815	10	insurance	insurance	NOUN
cjal-3363	815	11	face	face	VERB
cjal-3363	815	12	a	a	DET
cjal-3363	815	13	greater	great	ADJ
cjal-3363	815	14	danger	danger	NOUN
cjal-3363	815	15	of	of	ADP
cjal-3363	815	16	opportunism	opportunism	NOUN
cjal-3363	815	17	,	,	PUNCT
cjal-3363	815	18	and	and	CCONJ
cjal-3363	815	19	may	may	AUX
cjal-3363	815	20	choose	choose	VERB
cjal-3363	815	21	soes	soe	NOUN
cjal-3363	815	22	160	160	NUM
cjal-3363	815	23	china	china	PROPN
cjal-3363	815	24	export	export	PROPN
cjal-3363	815	25	&	&	CCONJ
cjal-3363	815	26	credit	credit	NOUN
cjal-3363	815	27	insurance	insurance	NOUN
cjal-3363	815	28	corporation	corporation	NOUN
cjal-3363	815	29	is	be	AUX
cjal-3363	815	30	not	not	PART
cjal-3363	815	31	included	include	VERB
cjal-3363	815	32	because	because	SCONJ
cjal-3363	815	33	it	it	PRON
cjal-3363	815	34	mainly	mainly	ADV
cjal-3363	815	35	conducts	conduct	VERB
cjal-3363	815	36	business	business	NOUN
cjal-3363	815	37	in	in	ADP
cjal-3363	815	38	the	the	DET
cjal-3363	815	39	credit	credit	NOUN
cjal-3363	815	40	insurance	insurance	NOUN
cjal-3363	815	41	market	market	NOUN
cjal-3363	815	42	,	,	PUNCT
cjal-3363	815	43	which	which	PRON
cjal-3363	815	44	is	be	AUX
cjal-3363	815	45	not	not	PART
cjal-3363	815	46	addressed	address	VERB
cjal-3363	815	47	here	here	ADV
cjal-3363	815	48	.	.	PUNCT
cjal-3363	816	1	161	161	NUM
cjal-3363	816	2	national	national	ADJ
cjal-3363	816	3	bureau	bureau	NOUN
cjal-3363	816	4	of	of	ADP
cjal-3363	816	5	statistics	statistic	NOUN
cjal-3363	816	6	,	,	PUNCT
cjal-3363	816	7	china	china	PROPN
cjal-3363	816	8	insurance	insurance	PROPN
cjal-3363	816	9	statistical	statistical	ADJ
cjal-3363	816	10	yearbook	yearbook	NOUN
cjal-3363	816	11	(	(	PUNCT
cjal-3363	816	12	china	china	PROPN
cjal-3363	816	13	statistical	statistical	ADJ
cjal-3363	816	14	press)(2000	press)(2000	NUM
cjal-3363	816	15	-	-	NUM
cjal-3363	816	16	2014	2014	NUM
cjal-3363	816	17	)	)	PUNCT
cjal-3363	816	18	.	.	PUNCT
cjal-3363	817	1	columbia	columbia	PROPN
cjal-3363	817	2	journal	journal	PROPN
cjal-3363	817	3	of	of	ADP
cjal-3363	817	4	asian	asian	ADJ
cjal-3363	817	5	law	law	NOUN
cjal-3363	818	1	[	[	X
cjal-3363	818	2	vol	vol	NOUN
cjal-3363	818	3	.	.	PUNCT
cjal-3363	819	1	31:1	31:1	NUM
cjal-3363	819	2	56	56	NUM
cjal-3363	819	3	because	because	SCONJ
cjal-3363	819	4	they	they	PRON
cjal-3363	819	5	are	be	AUX
cjal-3363	819	6	less	less	ADV
cjal-3363	819	7	incentivized	incentivize	VERB
cjal-3363	819	8	to	to	PART
cjal-3363	819	9	seek	seek	VERB
cjal-3363	819	10	profits	profit	NOUN
cjal-3363	819	11	and	and	CCONJ
cjal-3363	819	12	are	be	AUX
cjal-3363	819	13	less	less	ADV
cjal-3363	819	14	likely	likely	ADJ
cjal-3363	819	15	to	to	PART
cjal-3363	819	16	defraud	defraud	VERB
cjal-3363	819	17	consumers	consumer	NOUN
cjal-3363	819	18	.	.	PUNCT
cjal-3363	820	1	table	table	NOUN
cjal-3363	820	2	7	7	NUM
cjal-3363	820	3	:	:	PUNCT
cjal-3363	820	4	premium	premium	ADJ
cjal-3363	820	5	share	share	NOUN
cjal-3363	820	6	of	of	ADP
cjal-3363	820	7	state	state	NOUN
cjal-3363	820	8	-	-	PUNCT
cjal-3363	820	9	owned	own	VERB
cjal-3363	820	10	insurance	insurance	NOUN
cjal-3363	820	11	companies	company	NOUN
cjal-3363	820	12	in	in	ADP
cjal-3363	820	13	traditional	traditional	ADJ
cjal-3363	820	14	life	life	NOUN
cjal-3363	820	15	insurance	insurance	NOUN
cjal-3363	820	16	market	market	NOUN
cjal-3363	820	17	and	and	CCONJ
cjal-3363	820	18	property	property	NOUN
cjal-3363	820	19	insurance	insurance	NOUN
cjal-3363	820	20	market	market	NOUN
cjal-3363	820	21	year	year	NOUN
cjal-3363	820	22	2005	2005	NUM
cjal-3363	820	23	2006	2006	NUM
cjal-3363	820	24	2007	2007	NUM
cjal-3363	820	25	2008	2008	NUM
cjal-3363	820	26	2009	2009	NUM
cjal-3363	820	27	2010	2010	NUM
cjal-3363	820	28	2011	2011	NUM
cjal-3363	820	29	2012	2012	NUM
cjal-3363	820	30	2013	2013	NUM
cjal-3363	820	31	2014	2014	NUM
cjal-3363	820	32	traditional	traditional	ADJ
cjal-3363	820	33	life	life	NOUN
cjal-3363	820	34	insurance	insurance	NOUN
cjal-3363	820	35	0.55	0.55	NUM
cjal-3363	820	36	0.71	0.71	NUM
cjal-3363	820	37	0.72	0.72	NUM
cjal-3363	820	38	0.65	0.65	NUM
cjal-3363	820	39	0.67	0.67	NUM
cjal-3363	820	40	0.58	0.58	NUM
cjal-3363	820	41	0.63	0.63	NUM
cjal-3363	820	42	0.6	0.6	NUM
cjal-3363	820	43	0.48	0.48	NUM
cjal-3363	820	44	0.45	0.45	NUM
cjal-3363	820	45	property	property	NOUN
cjal-3363	820	46	insurance	insurance	NOUN
cjal-3363	820	47	0.58	0.58	NUM
cjal-3363	820	48	0.52	0.52	NUM
cjal-3363	820	49	0.5	0.5	NUM
cjal-3363	820	50	0.51	0.51	NUM
cjal-3363	820	51	0.5	0.5	NUM
cjal-3363	820	52	0.47	0.47	NUM
cjal-3363	820	53	0.47	0.47	NUM
cjal-3363	820	54	0.47	0.47	NUM
cjal-3363	820	55	0.46	0.46	NUM
cjal-3363	820	56	0.46	0.46	NUM
cjal-3363	820	57	source	source	NOUN
cjal-3363	820	58	:	:	PUNCT
cjal-3363	820	59	china	china	PROPN
cjal-3363	820	60	insurance	insurance	PROPN
cjal-3363	820	61	yearbook	yearbook	NOUN
cjal-3363	820	62	figure	figure	NOUN
cjal-3363	820	63	13	13	NUM
cjal-3363	820	64	:	:	PUNCT
cjal-3363	820	65	premium	premium	NOUN
cjal-3363	820	66	share	share	NOUN
cjal-3363	820	67	of	of	ADP
cjal-3363	820	68	soes	soe	NOUN
cjal-3363	820	69	in	in	ADP
cjal-3363	820	70	traditional	traditional	ADJ
cjal-3363	820	71	life	life	NOUN
cjal-3363	820	72	insurance	insurance	NOUN
cjal-3363	820	73	market	market	NOUN
cjal-3363	820	74	and	and	CCONJ
cjal-3363	820	75	property	property	NOUN
cjal-3363	820	76	insurance	insurance	NOUN
cjal-3363	820	77	market	market	NOUN
cjal-3363	820	78	source	source	NOUN
cjal-3363	820	79	:	:	PUNCT
cjal-3363	820	80	china	china	PROPN
cjal-3363	820	81	insurance	insurance	PROPN
cjal-3363	820	82	yearbook	yearbook	VERB
cjal-3363	820	83	one	one	NUM
cjal-3363	820	84	anomaly	anomaly	NOUN
cjal-3363	820	85	is	be	AUX
cjal-3363	820	86	that	that	SCONJ
cjal-3363	820	87	in	in	ADP
cjal-3363	820	88	2005	2005	NUM
cjal-3363	820	89	,	,	PUNCT
cjal-3363	820	90	the	the	DET
cjal-3363	820	91	market	market	NOUN
cjal-3363	820	92	share	share	NOUN
cjal-3363	820	93	of	of	ADP
cjal-3363	820	94	soes	soe	NOUN
cjal-3363	820	95	in	in	ADP
cjal-3363	820	96	the	the	DET
cjal-3363	820	97	traditional	traditional	ADJ
cjal-3363	820	98	life	life	NOUN
cjal-3363	820	99	insurance	insurance	NOUN
cjal-3363	820	100	sector	sector	NOUN
cjal-3363	820	101	was	be	AUX
cjal-3363	820	102	lower	low	ADJ
cjal-3363	820	103	than	than	ADP
cjal-3363	820	104	their	their	PRON
cjal-3363	820	105	share	share	NOUN
cjal-3363	820	106	in	in	ADP
cjal-3363	820	107	the	the	DET
cjal-3363	820	108	property	property	NOUN
cjal-3363	820	109	insurance	insurance	NOUN
cjal-3363	820	110	sector	sector	NOUN
cjal-3363	820	111	.	.	PUNCT
cjal-3363	821	1	this	this	PRON
cjal-3363	821	2	can	can	AUX
cjal-3363	821	3	largely	largely	ADV
cjal-3363	821	4	be	be	AUX
cjal-3363	821	5	explained	explain	VERB
cjal-3363	821	6	by	by	ADP
cjal-3363	821	7	recognizing	recognize	VERB
cjal-3363	821	8	the	the	PRON
cjal-3363	821	9	at	at	ADP
cjal-3363	821	10	that	that	DET
cjal-3363	821	11	time	time	NOUN
cjal-3363	821	12	the	the	DET
cjal-3363	821	13	traditional	traditional	ADJ
cjal-3363	821	14	life	life	NOUN
cjal-3363	821	15	insurance	insurance	NOUN
cjal-3363	821	16	market	market	NOUN
cjal-3363	821	17	was	be	AUX
cjal-3363	821	18	still	still	ADV
cjal-3363	821	19	expanding	expand	VERB
cjal-3363	821	20	at	at	ADP
cjal-3363	821	21	that	that	DET
cjal-3363	821	22	time	time	NOUN
cjal-3363	821	23	.	.	PUNCT
cjal-3363	822	1	in	in	ADP
cjal-3363	822	2	the	the	DET
cjal-3363	822	3	traditional	traditional	ADJ
cjal-3363	822	4	life	life	NOUN
cjal-3363	822	5	insurance	insurance	NOUN
cjal-3363	822	6	sector	sector	NOUN
cjal-3363	822	7	,	,	PUNCT
cjal-3363	822	8	the	the	DET
cjal-3363	822	9	total	total	ADJ
cjal-3363	822	10	premium	premium	NOUN
cjal-3363	822	11	collected	collect	VERB
cjal-3363	822	12	by	by	ADP
cjal-3363	822	13	the	the	DET
cjal-3363	822	14	entire	entire	ADJ
cjal-3363	822	15	industry	industry	NOUN
cjal-3363	822	16	in	in	ADP
cjal-3363	822	17	2005	2005	NUM
cjal-3363	822	18	0.4	0.4	NUM
cjal-3363	822	19	0.45	0.45	NUM
cjal-3363	822	20	0.5	0.5	NUM
cjal-3363	822	21	0.55	0.55	NUM
cjal-3363	822	22	0.6	0.6	NUM
cjal-3363	822	23	0.65	0.65	NUM
cjal-3363	822	24	0.7	0.7	NUM
cjal-3363	822	25	0.75	0.75	NUM
cjal-3363	822	26	2	2	NUM
cjal-3363	822	27	0	0	NUM
cjal-3363	822	28	0	0	NUM
cjal-3363	822	29	5	5	NUM
cjal-3363	822	30	2	2	NUM
cjal-3363	822	31	0	0	NUM
cjal-3363	822	32	0	0	NUM
cjal-3363	822	33	6	6	NUM
cjal-3363	822	34	2	2	NUM
cjal-3363	822	35	0	0	NUM
cjal-3363	822	36	0	0	NUM
cjal-3363	822	37	7	7	NUM
cjal-3363	822	38	2	2	NUM
cjal-3363	822	39	0	0	NUM
cjal-3363	822	40	0	0	NUM
cjal-3363	822	41	8	8	NUM
cjal-3363	822	42	2	2	NUM
cjal-3363	822	43	0	0	NUM
cjal-3363	822	44	0	0	NUM
cjal-3363	822	45	9	9	NUM
cjal-3363	822	46	2	2	NUM
cjal-3363	822	47	0	0	NUM
cjal-3363	822	48	1	1	NUM
cjal-3363	822	49	0	0	NUM
cjal-3363	822	50	2	2	NUM
cjal-3363	822	51	0	0	NUM
cjal-3363	822	52	1	1	NUM
cjal-3363	822	53	1	1	NUM
cjal-3363	822	54	2	2	NUM
cjal-3363	822	55	0	0	NUM
cjal-3363	822	56	1	1	NUM
cjal-3363	822	57	2	2	NUM
cjal-3363	822	58	2	2	NUM
cjal-3363	822	59	0	0	NUM
cjal-3363	822	60	1	1	NUM
cjal-3363	822	61	3	3	NUM
cjal-3363	822	62	2	2	NUM
cjal-3363	822	63	0	0	NUM
cjal-3363	822	64	1	1	NUM
cjal-3363	822	65	4	4	NUM
cjal-3363	822	66	traditional	traditional	ADJ
cjal-3363	822	67	life	life	NOUN
cjal-3363	822	68	insurance	insurance	NOUN
cjal-3363	822	69	property	property	NOUN
cjal-3363	822	70	insurance	insurance	NOUN
cjal-3363	822	71	year	year	NOUN
cjal-3363	822	72	p	p	NOUN
cjal-3363	822	73	re	re	VERB
cjal-3363	822	74	m	m	PROPN
cjal-3363	822	75	iu	iu	ADP
cjal-3363	822	76	m	m	PROPN
cjal-3363	822	77	s	s	NOUN
cjal-3363	822	78	h	h	NOUN
cjal-3363	822	79	a	a	DET
cjal-3363	822	80	re	re	NOUN
cjal-3363	822	81	2017	2017	NUM
cjal-3363	822	82	]	]	PUNCT
cjal-3363	822	83	state	state	NOUN
cjal-3363	822	84	ownership	ownership	NOUN
cjal-3363	822	85	and	and	CCONJ
cjal-3363	822	86	regulatory	regulatory	ADJ
cjal-3363	822	87	costs	cost	NOUN
cjal-3363	822	88	57	57	NUM
cjal-3363	822	89	was	be	AUX
cjal-3363	822	90	about	about	ADV
cjal-3363	822	91	723	723	NUM
cjal-3363	822	92	billion	billion	NUM
cjal-3363	822	93	rmb.162	rmb.162	NOUN
cjal-3363	822	94	china	china	PROPN
cjal-3363	822	95	life	life	PROPN
cjal-3363	822	96	insurance	insurance	PROPN
cjal-3363	822	97	co.	co.	PROPN
cjal-3363	822	98	,	,	PUNCT
cjal-3363	822	99	a	a	DET
cjal-3363	822	100	state	state	NOUN
cjal-3363	822	101	-	-	PUNCT
cjal-3363	822	102	owned	own	VERB
cjal-3363	822	103	enterprise	enterprise	NOUN
cjal-3363	822	104	,	,	PUNCT
cjal-3363	822	105	collected	collect	VERB
cjal-3363	822	106	399	399	NUM
cjal-3363	822	107	billion	billion	NUM
cjal-3363	822	108	rmb.163	rmb.163	NOUN
cjal-3363	822	109	in	in	ADP
cjal-3363	822	110	2006	2006	NUM
cjal-3363	822	111	,	,	PUNCT
cjal-3363	822	112	the	the	DET
cjal-3363	822	113	total	total	ADJ
cjal-3363	822	114	premium	premium	NOUN
cjal-3363	822	115	rose	rise	VERB
cjal-3363	822	116	to	to	ADP
cjal-3363	822	117	1002	1002	NUM
cjal-3363	822	118	billion	billion	NUM
cjal-3363	822	119	rmb	rmb	NOUN
cjal-3363	822	120	,	,	PUNCT
cjal-3363	822	121	while	while	SCONJ
cjal-3363	822	122	china	china	PROPN
cjal-3363	822	123	life	life	PROPN
cjal-3363	822	124	insurance	insurance	PROPN
cjal-3363	822	125	co.	co.	PROPN
cjal-3363	822	126	collected	collect	VERB
cjal-3363	822	127	704	704	NUM
cjal-3363	822	128	billion	billion	NUM
cjal-3363	822	129	rmb.164	rmb.164	NOUN
cjal-3363	822	130	the	the	DET
cjal-3363	822	131	growth	growth	NOUN
cjal-3363	822	132	of	of	ADP
cjal-3363	822	133	this	this	DET
cjal-3363	822	134	state	state	NOUN
cjal-3363	822	135	-	-	PUNCT
cjal-3363	822	136	owned	own	VERB
cjal-3363	822	137	enterprise	enterprise	NOUN
cjal-3363	822	138	far	far	ADV
cjal-3363	822	139	exceeded	exceed	VERB
cjal-3363	822	140	other	other	ADJ
cjal-3363	822	141	insurance	insurance	NOUN
cjal-3363	822	142	companies	company	NOUN
cjal-3363	822	143	in	in	ADP
cjal-3363	822	144	the	the	DET
cjal-3363	822	145	traditional	traditional	ADJ
cjal-3363	822	146	life	life	NOUN
cjal-3363	822	147	insurance	insurance	NOUN
cjal-3363	822	148	sector	sector	NOUN
cjal-3363	822	149	.	.	PUNCT
cjal-3363	823	1	by	by	ADP
cjal-3363	823	2	contrast	contrast	NOUN
cjal-3363	823	3	,	,	PUNCT
cjal-3363	823	4	the	the	DET
cjal-3363	823	5	market	market	NOUN
cjal-3363	823	6	share	share	NOUN
cjal-3363	823	7	of	of	ADP
cjal-3363	823	8	soes	soe	NOUN
cjal-3363	823	9	dropped	drop	VERB
cjal-3363	823	10	in	in	ADP
cjal-3363	823	11	the	the	DET
cjal-3363	823	12	property	property	NOUN
cjal-3363	823	13	insurance	insurance	NOUN
cjal-3363	823	14	sector	sector	NOUN
cjal-3363	823	15	as	as	SCONJ
cjal-3363	823	16	the	the	DET
cjal-3363	823	17	total	total	ADJ
cjal-3363	823	18	premium	premium	NOUN
cjal-3363	823	19	collected	collect	VERB
cjal-3363	823	20	in	in	ADP
cjal-3363	823	21	the	the	DET
cjal-3363	823	22	property	property	NOUN
cjal-3363	823	23	insurance	insurance	NOUN
cjal-3363	823	24	sector	sector	NOUN
cjal-3363	823	25	grew	grow	VERB
cjal-3363	823	26	from	from	ADP
cjal-3363	823	27	1297	1297	NUM
cjal-3363	823	28	billion	billion	NUM
cjal-3363	823	29	in	in	ADP
cjal-3363	823	30	2005	2005	NUM
cjal-3363	823	31	to	to	ADP
cjal-3363	823	32	1582	1582	NUM
cjal-3363	823	33	billion	billion	NUM
cjal-3363	823	34	in	in	ADP
cjal-3363	823	35	2006.165	2006.165	NUM
cjal-3363	823	36	this	this	DET
cjal-3363	823	37	comparison	comparison	NOUN
cjal-3363	823	38	suggests	suggest	VERB
cjal-3363	823	39	that	that	SCONJ
cjal-3363	823	40	soes	soe	NOUN
cjal-3363	823	41	were	be	AUX
cjal-3363	823	42	more	more	ADV
cjal-3363	823	43	successful	successful	ADJ
cjal-3363	823	44	in	in	ADP
cjal-3363	823	45	expanding	expand	VERB
cjal-3363	823	46	and	and	CCONJ
cjal-3363	823	47	continuing	continue	VERB
cjal-3363	823	48	to	to	PART
cjal-3363	823	49	play	play	VERB
cjal-3363	823	50	a	a	DET
cjal-3363	823	51	significant	significant	ADJ
cjal-3363	823	52	role	role	NOUN
cjal-3363	823	53	in	in	ADP
cjal-3363	823	54	the	the	DET
cjal-3363	823	55	traditional	traditional	ADJ
cjal-3363	823	56	life	life	NOUN
cjal-3363	823	57	insurance	insurance	NOUN
cjal-3363	823	58	sector	sector	NOUN
cjal-3363	823	59	than	than	ADP
cjal-3363	823	60	in	in	ADP
cjal-3363	823	61	the	the	DET
cjal-3363	823	62	property	property	NOUN
cjal-3363	823	63	insurance	insurance	NOUN
cjal-3363	823	64	sector	sector	NOUN
cjal-3363	823	65	.	.	PUNCT
cjal-3363	824	1	in	in	ADP
cjal-3363	824	2	2013	2013	NUM
cjal-3363	824	3	,	,	PUNCT
cjal-3363	824	4	the	the	DET
cjal-3363	824	5	market	market	NOUN
cjal-3363	824	6	share	share	NOUN
cjal-3363	824	7	of	of	ADP
cjal-3363	824	8	soes	soe	NOUN
cjal-3363	824	9	dropped	drop	VERB
cjal-3363	824	10	significantly	significantly	ADV
cjal-3363	824	11	from	from	ADP
cjal-3363	824	12	60	60	NUM
cjal-3363	824	13	%	%	NOUN
cjal-3363	824	14	to	to	ADP
cjal-3363	824	15	48	48	NUM
cjal-3363	824	16	%	%	NOUN
cjal-3363	824	17	.	.	PUNCT
cjal-3363	825	1	this	this	PRON
cjal-3363	825	2	is	be	AUX
cjal-3363	825	3	mainly	mainly	ADV
cjal-3363	825	4	because	because	SCONJ
cjal-3363	825	5	of	of	ADP
cjal-3363	825	6	the	the	DET
cjal-3363	825	7	rise	rise	NOUN
cjal-3363	825	8	of	of	ADP
cjal-3363	825	9	a	a	DET
cjal-3363	825	10	state	state	NOUN
cjal-3363	825	11	-	-	PUNCT
cjal-3363	825	12	owned	own	VERB
cjal-3363	825	13	insurance	insurance	NOUN
cjal-3363	825	14	company	company	NOUN
cjal-3363	825	15	–	–	PUNCT
cjal-3363	825	16	new	new	PROPN
cjal-3363	825	17	china	china	PROPN
cjal-3363	825	18	life	life	PROPN
cjal-3363	825	19	insurance	insurance	PROPN
cjal-3363	825	20	co.	co.	PROPN
cjal-3363	825	21	,	,	PUNCT
cjal-3363	825	22	ltd	ltd	PROPN
cjal-3363	825	23	.	.	PROPN
cjal-3363	826	1	(	(	PUNCT
cjal-3363	826	2	new	new	PROPN
cjal-3363	826	3	china	china	PROPN
cjal-3363	826	4	life	life	PROPN
cjal-3363	826	5	insurance	insurance	PROPN
cjal-3363	826	6	)	)	PUNCT
cjal-3363	826	7	.	.	PUNCT
cjal-3363	827	1	the	the	DET
cjal-3363	827	2	market	market	NOUN
cjal-3363	827	3	share	share	NOUN
cjal-3363	827	4	of	of	ADP
cjal-3363	827	5	new	new	ADJ
cjal-3363	827	6	china	china	PROPN
cjal-3363	827	7	life	life	PROPN
cjal-3363	827	8	insurance	insurance	NOUN
cjal-3363	827	9	in	in	ADP
cjal-3363	827	10	the	the	DET
cjal-3363	827	11	traditional	traditional	ADJ
cjal-3363	827	12	life	life	NOUN
cjal-3363	827	13	insurance	insurance	NOUN
cjal-3363	827	14	market	market	NOUN
cjal-3363	827	15	rose	rise	VERB
cjal-3363	827	16	from	from	ADP
cjal-3363	827	17	from	from	ADP
cjal-3363	827	18	1	1	NUM
cjal-3363	827	19	%	%	NOUN
cjal-3363	827	20	in	in	ADP
cjal-3363	827	21	2012	2012	NUM
cjal-3363	827	22	to	to	ADP
cjal-3363	827	23	13	13	NUM
cjal-3363	827	24	%	%	NOUN
cjal-3363	827	25	in	in	ADP
cjal-3363	827	26	2013	2013	NUM
cjal-3363	827	27	.	.	PUNCT
cjal-3363	828	1	new	new	ADJ
cjal-3363	828	2	china	china	PROPN
cjal-3363	828	3	life	life	PROPN
cjal-3363	828	4	insurance	insurance	NOUN
cjal-3363	828	5	was	be	AUX
cjal-3363	828	6	cofounded	cofounde	VERB
cjal-3363	828	7	by	by	ADP
cjal-3363	828	8	a	a	DET
cjal-3363	828	9	group	group	NOUN
cjal-3363	828	10	of	of	ADP
cjal-3363	828	11	soes	soe	NOUN
cjal-3363	828	12	and	and	CCONJ
cjal-3363	828	13	private	private	ADJ
cjal-3363	828	14	investors	investor	NOUN
cjal-3363	828	15	in	in	ADP
cjal-3363	828	16	1996.166	1996.166	PROPN
cjal-3363	828	17	guan	guan	PROPN
cjal-3363	828	18	guoliang	guoliang	PROPN
cjal-3363	828	19	,	,	PUNCT
cjal-3363	828	20	the	the	DET
cjal-3363	828	21	chief	chief	ADJ
cjal-3363	828	22	director	director	NOUN
cjal-3363	828	23	appointed	appoint	VERB
cjal-3363	828	24	by	by	ADP
cjal-3363	828	25	private	private	ADJ
cjal-3363	828	26	investors	investor	NOUN
cjal-3363	828	27	in	in	ADP
cjal-3363	828	28	1998	1998	NUM
cjal-3363	828	29	,	,	PUNCT
cjal-3363	828	30	secretly	secretly	ADV
cjal-3363	828	31	embezzled	embezzle	VERB
cjal-3363	828	32	money	money	NOUN
cjal-3363	828	33	from	from	ADP
cjal-3363	828	34	the	the	DET
cjal-3363	828	35	corporation.167	corporation.167	NOUN
cjal-3363	828	36	the	the	DET
cjal-3363	828	37	insurance	insurance	NOUN
cjal-3363	828	38	regulatory	regulatory	ADJ
cjal-3363	828	39	commission	commission	NOUN
cjal-3363	828	40	then	then	ADV
cjal-3363	828	41	used	use	VERB
cjal-3363	828	42	the	the	DET
cjal-3363	828	43	insurance	insurance	NOUN
cjal-3363	828	44	protection	protection	NOUN
cjal-3363	828	45	fund	fund	NOUN
cjal-3363	828	46	to	to	PART
cjal-3363	828	47	take	take	VERB
cjal-3363	828	48	over	over	ADP
cjal-3363	828	49	the	the	DET
cjal-3363	828	50	company	company	NOUN
cjal-3363	828	51	in	in	ADP
cjal-3363	828	52	2007.168	2007.168	NUM
cjal-3363	828	53	it	it	PRON
cjal-3363	828	54	was	be	AUX
cjal-3363	828	55	turned	turn	VERB
cjal-3363	828	56	into	into	ADP
cjal-3363	828	57	a	a	DET
cjal-3363	828	58	state	state	NOUN
cjal-3363	828	59	-	-	PUNCT
cjal-3363	828	60	owned	own	VERB
cjal-3363	828	61	enterprise	enterprise	NOUN
cjal-3363	828	62	in	in	ADP
cjal-3363	828	63	2009	2009	NUM
cjal-3363	828	64	,	,	PUNCT
cjal-3363	828	65	held	hold	VERB
cjal-3363	828	66	by	by	ADP
cjal-3363	828	67	the	the	DET
cjal-3363	828	68	huijin	huijin	PROPN
cjal-3363	828	69	corporation,169	corporation,169	PROPN
cjal-3363	828	70	a	a	DET
cjal-3363	828	71	financial	financial	ADJ
cjal-3363	828	72	holding	hold	VERB
cjal-3363	828	73	company	company	NOUN
cjal-3363	828	74	authorized	authorize	VERB
cjal-3363	828	75	by	by	ADP
cjal-3363	828	76	the	the	DET
cjal-3363	828	77	state	state	PROPN
cjal-3363	828	78	council	council	PROPN
cjal-3363	828	79	of	of	ADP
cjal-3363	828	80	china	china	PROPN
cjal-3363	828	81	to	to	PART
cjal-3363	828	82	control	control	VERB
cjal-3363	828	83	state	state	NOUN
cjal-3363	828	84	-	-	PUNCT
cjal-3363	828	85	owned	own	VERB
cjal-3363	828	86	financial	financial	ADJ
cjal-3363	828	87	companies	company	NOUN
cjal-3363	828	88	.	.	PUNCT
cjal-3363	829	1	the	the	DET
cjal-3363	829	2	company	company	NOUN
cjal-3363	829	3	became	become	VERB
cjal-3363	829	4	more	more	ADV
cjal-3363	829	5	well	well	ADV
cjal-3363	829	6	-	-	PUNCT
cjal-3363	829	7	known	know	VERB
cjal-3363	829	8	and	and	CCONJ
cjal-3363	829	9	widely	widely	ADV
cjal-3363	829	10	trusted	trust	VERB
cjal-3363	829	11	thanks	thank	NOUN
cjal-3363	829	12	to	to	ADP
cjal-3363	829	13	its	its	AUX
cjal-3363	829	14	being	be	AUX
cjal-3363	829	15	listed	list	VERB
cjal-3363	829	16	on	on	ADP
cjal-3363	829	17	the	the	DET
cjal-3363	829	18	shanghai	shanghai	PROPN
cjal-3363	829	19	stock	stock	PROPN
cjal-3363	829	20	exchange	exchange	PROPN
cjal-3363	829	21	and	and	CCONJ
cjal-3363	829	22	hong	hong	PROPN
cjal-3363	829	23	kong	kong	PROPN
cjal-3363	829	24	stock	stock	PROPN
cjal-3363	829	25	exchange	exchange	NOUN
cjal-3363	829	26	in	in	ADP
cjal-3363	829	27	2011	2011	NUM
cjal-3363	829	28	,	,	PUNCT
cjal-3363	829	29	while	while	SCONJ
cjal-3363	829	30	huijin	huijin	NOUN
cjal-3363	829	31	corporation	corporation	NOUN
cjal-3363	829	32	continued	continue	VERB
cjal-3363	829	33	to	to	PART
cjal-3363	829	34	hold	hold	VERB
cjal-3363	829	35	a	a	DET
cjal-3363	829	36	majority	majority	NOUN
cjal-3363	829	37	of	of	ADP
cjal-3363	829	38	its	its	PRON
cjal-3363	829	39	stock	stock	NOUN
cjal-3363	829	40	.	.	PUNCT
cjal-3363	830	1	beginning	begin	VERB
cjal-3363	830	2	in	in	ADP
cjal-3363	830	3	2012	2012	NUM
cjal-3363	830	4	,	,	PUNCT
cjal-3363	830	5	new	new	ADJ
cjal-3363	830	6	china	china	PROPN
cjal-3363	830	7	162	162	NUM
cjal-3363	831	1	i	i	PRON
cjal-3363	831	2	d.	d.	PROPN
cjal-3363	832	1	i	i	PRON
cjal-3363	832	2	choose	choose	VERB
cjal-3363	832	3	2005	2005	NUM
cjal-3363	832	4	as	as	ADP
cjal-3363	832	5	the	the	DET
cjal-3363	832	6	starting	starting	NOUN
cjal-3363	832	7	point	point	NOUN
cjal-3363	832	8	here	here	ADV
cjal-3363	832	9	because	because	SCONJ
cjal-3363	832	10	prior	prior	ADV
cjal-3363	832	11	to	to	ADP
cjal-3363	832	12	2005	2005	NUM
cjal-3363	832	13	,	,	PUNCT
cjal-3363	832	14	data	datum	NOUN
cjal-3363	832	15	on	on	ADP
cjal-3363	832	16	insurance	insurance	NOUN
cjal-3363	832	17	premiums	premium	NOUN
cjal-3363	832	18	in	in	ADP
cjal-3363	832	19	the	the	DET
cjal-3363	832	20	traditional	traditional	ADJ
cjal-3363	832	21	life	life	NOUN
cjal-3363	832	22	insurance	insurance	NOUN
cjal-3363	832	23	sector	sector	NOUN
cjal-3363	832	24	was	be	AUX
cjal-3363	832	25	not	not	PART
cjal-3363	832	26	available	available	ADJ
cjal-3363	832	27	.	.	PUNCT
cjal-3363	833	1	163	163	NUM
cjal-3363	834	1	i	i	PRON
cjal-3363	834	2	d.	d.	PROPN
cjal-3363	834	3	164	164	NUM
cjal-3363	835	1	i	i	PROPN
cjal-3363	835	2	d.	d.	PROPN
cjal-3363	835	3	165	165	NUM
cjal-3363	836	1	i	i	PROPN
cjal-3363	836	2	d.	d.	PROPN
cjal-3363	836	3	166	166	NUM
cjal-3363	836	4	yuning	yuning	NOUN
cjal-3363	836	5	,	,	PUNCT
cjal-3363	836	6	su	su	PROPN
cjal-3363	836	7	dandan	dandan	PROPN
cjal-3363	836	8	and	and	CCONJ
cjal-3363	836	9	ji	ji	PROPN
cjal-3363	836	10	minhua(于宁	minhua(于宁	PROPN
cjal-3363	836	11	苏丹丹	苏丹丹	NOUN
cjal-3363	836	12	季敏华),neiburen	季敏华),neiburen	PROPN
cjal-3363	836	13	guan	guan	PROPN
cjal-3363	836	14	guoliang(“内部人”关国	guoliang(“内部人”关国	PROPN
cjal-3363	836	15	亮)[insider	亮)[insider	PROPN
cjal-3363	836	16	guan	guan	PROPN
cjal-3363	836	17	guoliang	guoliang	PROPN
cjal-3363	836	18	]	]	PUNCT
cjal-3363	836	19	,	,	PUNCT
cjal-3363	836	20	caijing	caije	VERB
cjal-3363	836	21	(	(	PUNCT
cjal-3363	836	22	finance	finance	NOUN
cjal-3363	836	23	and	and	CCONJ
cjal-3363	836	24	economics	economic	NOUN
cjal-3363	836	25	)	)	PUNCT
cjal-3363	836	26	(	(	PUNCT
cjal-3363	836	27	sept	sept	PROPN
cjal-3363	836	28	.	.	PROPN
cjal-3363	836	29	29	29	NUM
cjal-3363	836	30	,	,	PUNCT
cjal-3363	836	31	2007	2007	NUM
cjal-3363	836	32	)	)	PUNCT
cjal-3363	836	33	,	,	PUNCT
cjal-3363	836	34	http://www.caijing.com.cn/200705-27/100020559.html	http://www.caijing.com.cn/200705-27/100020559.html	NOUN
cjal-3363	836	35	.	.	PUNCT
cjal-3363	837	1	167	167	NUM
cjal-3363	838	1	i	i	PRON
cjal-3363	838	2	d.	d.	PROPN
cjal-3363	838	3	168	168	NUM
cjal-3363	839	1	i	i	PRON
cjal-3363	839	2	d.	d.	PROPN
cjal-3363	839	3	169	169	NUM
cjal-3363	839	4	chen	chen	PROPN
cjal-3363	839	5	huiying(陈慧颖	huiying(陈慧颖	PROPN
cjal-3363	839	6	)	)	PUNCT
cjal-3363	839	7	&	&	CCONJ
cjal-3363	839	8	ding	ding	PROPN
cjal-3363	839	9	ning(于宁	ning(于宁	PROPN
cjal-3363	839	10	)	)	PUNCT
cjal-3363	839	11	,	,	PUNCT
cjal-3363	839	12	xinhua	xinhua	PROPN
cjal-3363	839	13	renshou	renshou	PROPN
cjal-3363	839	14	tongku	tongku	NOUN
cjal-3363	839	15	zhuanxing(新华人寿痛苦转型)[new	zhuanxing(新华人寿痛苦转型)[new	PROPN
cjal-3363	839	16	china	china	PROPN
cjal-3363	839	17	insurance	insurance	NOUN
cjal-3363	839	18	transform	transform	VERB
cjal-3363	839	19	painfully	painfully	ADV
cjal-3363	839	20	]	]	PUNCT
cjal-3363	839	21	,	,	PUNCT
cjal-3363	839	22	新世纪(century	新世纪(century	VERB
cjal-3363	839	23	weekly	weekly	ADJ
cjal-3363	839	24	)	)	PUNCT
cjal-3363	839	25	,	,	PUNCT
cjal-3363	839	26	oct	oct	PROPN
cjal-3363	839	27	.	.	PROPN
cjal-3363	839	28	19	19	NUM
cjal-3363	839	29	,	,	PUNCT
cjal-3363	839	30	2010	2010	NUM
cjal-3363	839	31	,	,	PUNCT
cjal-3363	839	32	available	available	ADJ
cjal-3363	839	33	at	at	ADP
cjal-3363	839	34	http://finance.sina.com.cn/money/insurance/bxyx/20101019/08128801490.shtml	http://finance.sina.com.cn/money/insurance/bxyx/20101019/08128801490.shtml	PROPN
cjal-3363	839	35	.	.	PUNCT
cjal-3363	840	1	columbia	columbia	PROPN
cjal-3363	840	2	journal	journal	PROPN
cjal-3363	840	3	of	of	ADP
cjal-3363	840	4	asian	asian	ADJ
cjal-3363	840	5	law	law	NOUN
cjal-3363	841	1	[	[	X
cjal-3363	841	2	vol	vol	NOUN
cjal-3363	841	3	.	.	PUNCT
cjal-3363	842	1	31:1	31:1	NUM
cjal-3363	842	2	58	58	NUM
cjal-3363	842	3	life	life	NOUN
cjal-3363	842	4	insurance	insurance	NOUN
cjal-3363	842	5	made	make	VERB
cjal-3363	842	6	a	a	DET
cjal-3363	842	7	strategic	strategic	ADJ
cjal-3363	842	8	decision	decision	NOUN
cjal-3363	842	9	to	to	PART
cjal-3363	842	10	increase	increase	VERB
cjal-3363	842	11	its	its	PRON
cjal-3363	842	12	market	market	NOUN
cjal-3363	842	13	share	share	NOUN
cjal-3363	842	14	in	in	ADP
cjal-3363	842	15	the	the	DET
cjal-3363	842	16	traditional	traditional	ADJ
cjal-3363	842	17	life	life	NOUN
cjal-3363	842	18	insurance	insurance	NOUN
cjal-3363	842	19	sector.170	sector.170	NOUN
cjal-3363	842	20	after	after	ADP
cjal-3363	842	21	taking	take	VERB
cjal-3363	842	22	new	new	ADJ
cjal-3363	842	23	china	china	PROPN
cjal-3363	842	24	life	life	PROPN
cjal-3363	842	25	insurance	insurance	NOUN
cjal-3363	842	26	into	into	ADP
cjal-3363	842	27	account	account	NOUN
cjal-3363	842	28	,	,	PUNCT
cjal-3363	842	29	it	it	PRON
cjal-3363	842	30	is	be	AUX
cjal-3363	842	31	apparent	apparent	ADJ
cjal-3363	842	32	that	that	SCONJ
cjal-3363	842	33	,	,	PUNCT
cjal-3363	842	34	taken	take	VERB
cjal-3363	842	35	as	as	ADP
cjal-3363	842	36	a	a	DET
cjal-3363	842	37	whole	whole	NOUN
cjal-3363	842	38	,	,	PUNCT
cjal-3363	842	39	the	the	DET
cjal-3363	842	40	state	state	NOUN
cjal-3363	842	41	-	-	PUNCT
cjal-3363	842	42	owned	own	VERB
cjal-3363	842	43	insurance	insurance	NOUN
cjal-3363	842	44	companies	company	NOUN
cjal-3363	842	45	have	have	AUX
cjal-3363	842	46	continued	continue	VERB
cjal-3363	842	47	to	to	PART
cjal-3363	842	48	play	play	VERB
cjal-3363	842	49	a	a	DET
cjal-3363	842	50	more	more	ADV
cjal-3363	842	51	significant	significant	ADJ
cjal-3363	842	52	role	role	NOUN
cjal-3363	842	53	in	in	ADP
cjal-3363	842	54	the	the	DET
cjal-3363	842	55	traditional	traditional	ADJ
cjal-3363	842	56	life	life	NOUN
cjal-3363	842	57	insurance	insurance	NOUN
cjal-3363	842	58	sector	sector	NOUN
cjal-3363	842	59	than	than	ADP
cjal-3363	842	60	in	in	ADP
cjal-3363	842	61	the	the	DET
cjal-3363	842	62	property	property	NOUN
cjal-3363	842	63	insurance	insurance	NOUN
cjal-3363	842	64	sector.171	sector.171	PROPN
cjal-3363	842	65	b.	b.	PROPN
cjal-3363	842	66	traditional	traditional	ADJ
cjal-3363	842	67	life	life	NOUN
cjal-3363	842	68	insurance	insurance	NOUN
cjal-3363	842	69	v.	v.	ADP
cjal-3363	842	70	innovative	innovative	ADJ
cjal-3363	842	71	life	life	NOUN
cjal-3363	842	72	insurance	insurance	NOUN
cjal-3363	842	73	as	as	SCONJ
cjal-3363	842	74	illustrated	illustrate	VERB
cjal-3363	842	75	in	in	ADP
cjal-3363	842	76	the	the	DET
cjal-3363	842	77	table	table	NOUN
cjal-3363	842	78	below	below	ADV
cjal-3363	842	79	,	,	PUNCT
cjal-3363	842	80	state	state	NOUN
cjal-3363	842	81	-	-	PUNCT
cjal-3363	842	82	owned	own	VERB
cjal-3363	842	83	insurance	insurance	NOUN
cjal-3363	842	84	companies	company	NOUN
cjal-3363	842	85	generally	generally	ADV
cjal-3363	842	86	maintain	maintain	VERB
cjal-3363	842	87	a	a	DET
cjal-3363	842	88	higher	high	ADJ
cjal-3363	842	89	market	market	NOUN
cjal-3363	842	90	share	share	NOUN
cjal-3363	842	91	in	in	ADP
cjal-3363	842	92	the	the	DET
cjal-3363	842	93	traditional	traditional	ADJ
cjal-3363	842	94	life	life	NOUN
cjal-3363	842	95	insurance	insurance	NOUN
cjal-3363	842	96	sector	sector	NOUN
cjal-3363	842	97	than	than	ADP
cjal-3363	842	98	in	in	ADP
cjal-3363	842	99	the	the	DET
cjal-3363	842	100	participating	participate	VERB
cjal-3363	842	101	life	life	NOUN
cjal-3363	842	102	insurance	insurance	NOUN
cjal-3363	842	103	sector	sector	NOUN
cjal-3363	842	104	,	,	PUNCT
cjal-3363	842	105	except	except	SCONJ
cjal-3363	842	106	in	in	ADP
cjal-3363	842	107	2005	2005	NUM
cjal-3363	842	108	,	,	PUNCT
cjal-3363	842	109	when	when	SCONJ
cjal-3363	842	110	the	the	DET
cjal-3363	842	111	traditional	traditional	ADJ
cjal-3363	842	112	life	life	NOUN
cjal-3363	842	113	insurance	insurance	NOUN
cjal-3363	842	114	market	market	NOUN
cjal-3363	842	115	was	be	AUX
cjal-3363	842	116	still	still	ADV
cjal-3363	842	117	growing	grow	VERB
cjal-3363	842	118	.	.	PUNCT
cjal-3363	843	1	the	the	DET
cjal-3363	843	2	market	market	NOUN
cjal-3363	843	3	share	share	NOUN
cjal-3363	843	4	of	of	ADP
cjal-3363	843	5	soes	soe	NOUN
cjal-3363	843	6	in	in	ADP
cjal-3363	843	7	both	both	DET
cjal-3363	843	8	sectors	sector	NOUN
cjal-3363	843	9	declined	decline	VERB
cjal-3363	843	10	over	over	ADP
cjal-3363	843	11	the	the	DET
cjal-3363	843	12	years	year	NOUN
cjal-3363	843	13	,	,	PUNCT
cjal-3363	843	14	probably	probably	ADV
cjal-3363	843	15	because	because	SCONJ
cjal-3363	843	16	the	the	DET
cjal-3363	843	17	market	market	NOUN
cjal-3363	843	18	has	have	AUX
cjal-3363	843	19	become	become	VERB
cjal-3363	843	20	more	more	ADV
cjal-3363	843	21	competitive	competitive	ADJ
cjal-3363	843	22	and	and	CCONJ
cjal-3363	843	23	the	the	DET
cjal-3363	843	24	government	government	NOUN
cjal-3363	843	25	’s	’s	PART
cjal-3363	843	26	regulatory	regulatory	ADJ
cjal-3363	843	27	capacity	capacity	NOUN
cjal-3363	843	28	has	have	AUX
cjal-3363	843	29	gradually	gradually	ADV
cjal-3363	843	30	improved	improve	VERB
cjal-3363	843	31	.	.	PUNCT
cjal-3363	844	1	at	at	ADP
cjal-3363	844	2	the	the	DET
cjal-3363	844	3	same	same	ADJ
cjal-3363	844	4	time	time	NOUN
cjal-3363	844	5	,	,	PUNCT
cjal-3363	844	6	their	their	PRON
cjal-3363	844	7	market	market	NOUN
cjal-3363	844	8	share	share	NOUN
cjal-3363	844	9	in	in	ADP
cjal-3363	844	10	the	the	DET
cjal-3363	844	11	universal	universal	ADJ
cjal-3363	844	12	and	and	CCONJ
cjal-3363	844	13	unit	unit	NOUN
cjal-3363	844	14	-	-	PUNCT
cjal-3363	844	15	linked	link	VERB
cjal-3363	844	16	insurance	insurance	NOUN
cjal-3363	844	17	market	market	NOUN
cjal-3363	844	18	has	have	AUX
cjal-3363	844	19	been	be	AUX
cjal-3363	844	20	trivial	trivial	ADJ
cjal-3363	844	21	.	.	PUNCT
cjal-3363	845	1	this	this	DET
cjal-3363	845	2	phenomenon	phenomenon	NOUN
cjal-3363	845	3	can	can	AUX
cjal-3363	845	4	be	be	AUX
cjal-3363	845	5	explained	explain	VERB
cjal-3363	845	6	by	by	ADP
cjal-3363	845	7	the	the	DET
cjal-3363	845	8	function	function	NOUN
cjal-3363	845	9	of	of	ADP
cjal-3363	845	10	state	state	NOUN
cjal-3363	845	11	ownership	ownership	NOUN
cjal-3363	845	12	in	in	ADP
cjal-3363	845	13	reducing	reduce	VERB
cjal-3363	845	14	opportunistic	opportunistic	ADJ
cjal-3363	845	15	activities	activity	NOUN
cjal-3363	845	16	by	by	ADP
cjal-3363	845	17	the	the	DET
cjal-3363	845	18	insurance	insurance	NOUN
cjal-3363	845	19	companies	company	NOUN
cjal-3363	845	20	.	.	PUNCT
cjal-3363	846	1	traditional	traditional	ADJ
cjal-3363	846	2	life	life	NOUN
cjal-3363	846	3	insurance	insurance	NOUN
cjal-3363	846	4	is	be	AUX
cjal-3363	846	5	more	more	ADV
cjal-3363	846	6	susceptible	susceptible	ADJ
cjal-3363	846	7	to	to	ADP
cjal-3363	846	8	market	market	NOUN
cjal-3363	846	9	failures	failure	NOUN
cjal-3363	846	10	.	.	PUNCT
cjal-3363	847	1	most	most	ADJ
cjal-3363	847	2	traditional	traditional	ADJ
cjal-3363	847	3	life	life	NOUN
cjal-3363	847	4	insurance	insurance	NOUN
cjal-3363	847	5	policies	policy	NOUN
cjal-3363	847	6	are	be	AUX
cjal-3363	847	7	long	long	ADJ
cjal-3363	847	8	-	-	PUNCT
cjal-3363	847	9	term	term	NOUN
cjal-3363	847	10	contracts	contract	NOUN
cjal-3363	847	11	.	.	PUNCT
cjal-3363	848	1	consumers	consumer	NOUN
cjal-3363	848	2	who	who	PRON
cjal-3363	848	3	purchase	purchase	VERB
cjal-3363	848	4	traditional	traditional	ADJ
cjal-3363	848	5	life	life	NOUN
cjal-3363	848	6	insurance	insurance	NOUN
cjal-3363	848	7	tend	tend	VERB
cjal-3363	848	8	to	to	PART
cjal-3363	848	9	be	be	AUX
cjal-3363	848	10	more	more	ADJ
cjal-3363	848	11	risk	risk	NOUN
cjal-3363	848	12	-	-	PUNCT
cjal-3363	848	13	averse	averse	ADJ
cjal-3363	848	14	and	and	CCONJ
cjal-3363	848	15	worry	worry	VERB
cjal-3363	848	16	more	more	ADV
cjal-3363	848	17	about	about	ADP
cjal-3363	848	18	opportunism	opportunism	NOUN
cjal-3363	848	19	than	than	ADP
cjal-3363	848	20	those	those	PRON
cjal-3363	848	21	who	who	PRON
cjal-3363	848	22	choose	choose	VERB
cjal-3363	848	23	innovative	innovative	ADJ
cjal-3363	848	24	life	life	NOUN
cjal-3363	848	25	insurance	insurance	NOUN
cjal-3363	848	26	.	.	PUNCT
cjal-3363	849	1	they	they	PRON
cjal-3363	849	2	may	may	AUX
cjal-3363	849	3	choose	choose	VERB
cjal-3363	849	4	state	state	NOUN
cjal-3363	849	5	-	-	PUNCT
cjal-3363	849	6	owned	own	VERB
cjal-3363	849	7	insurance	insurance	NOUN
cjal-3363	849	8	companies	company	NOUN
cjal-3363	849	9	in	in	ADP
cjal-3363	849	10	the	the	DET
cjal-3363	849	11	belief	belief	NOUN
cjal-3363	849	12	that	that	SCONJ
cjal-3363	849	13	that	that	SCONJ
cjal-3363	849	14	these	these	DET
cjal-3363	849	15	companies	company	NOUN
cjal-3363	849	16	are	be	AUX
cjal-3363	849	17	less	less	ADV
cjal-3363	849	18	likely	likely	ADJ
cjal-3363	849	19	to	to	PART
cjal-3363	849	20	act	act	VERB
cjal-3363	849	21	opportunistically	opportunistically	ADV
cjal-3363	849	22	.	.	PUNCT
cjal-3363	850	1	by	by	ADP
cjal-3363	850	2	contrast	contrast	NOUN
cjal-3363	850	3	,	,	PUNCT
cjal-3363	850	4	innovative	innovative	ADJ
cjal-3363	850	5	life	life	NOUN
cjal-3363	850	6	insurance	insurance	NOUN
cjal-3363	850	7	serves	serve	VERB
cjal-3363	850	8	the	the	DET
cjal-3363	850	9	dual	dual	ADJ
cjal-3363	850	10	functions	function	NOUN
cjal-3363	850	11	of	of	ADP
cjal-3363	850	12	risk	risk	NOUN
cjal-3363	850	13	-	-	PUNCT
cjal-3363	850	14	management	management	NOUN
cjal-3363	850	15	and	and	CCONJ
cjal-3363	850	16	investment	investment	NOUN
cjal-3363	850	17	.	.	PUNCT
cjal-3363	851	1	within	within	ADP
cjal-3363	851	2	the	the	DET
cjal-3363	851	3	innovative	innovative	ADJ
cjal-3363	851	4	life	life	NOUN
cjal-3363	851	5	insurance	insurance	NOUN
cjal-3363	851	6	category	category	NOUN
cjal-3363	851	7	,	,	PUNCT
cjal-3363	851	8	participating	participate	VERB
cjal-3363	851	9	life	life	NOUN
cjal-3363	851	10	insurance	insurance	NOUN
cjal-3363	851	11	mainly	mainly	ADV
cjal-3363	851	12	focuses	focus	VERB
cjal-3363	851	13	on	on	ADP
cjal-3363	851	14	the	the	DET
cjal-3363	851	15	function	function	NOUN
cjal-3363	851	16	of	of	ADP
cjal-3363	851	17	risk	risk	NOUN
cjal-3363	851	18	-	-	PUNCT
cjal-3363	851	19	management	management	NOUN
cjal-3363	851	20	,	,	PUNCT
cjal-3363	851	21	whereas	whereas	SCONJ
cjal-3363	851	22	universal	universal	ADJ
cjal-3363	851	23	and	and	CCONJ
cjal-3363	851	24	unit	unit	NOUN
cjal-3363	851	25	-	-	PUNCT
cjal-3363	851	26	linked	link	VERB
cjal-3363	851	27	life	life	NOUN
cjal-3363	851	28	insurance	insurance	NOUN
cjal-3363	851	29	mainly	mainly	ADV
cjal-3363	851	30	help	help	VERB
cjal-3363	851	31	policyholders	policyholder	NOUN
cjal-3363	851	32	manage	manage	VERB
cjal-3363	851	33	their	their	PRON
cjal-3363	851	34	wealth	wealth	NOUN
cjal-3363	851	35	.	.	PUNCT
cjal-3363	852	1	consumers	consumer	NOUN
cjal-3363	852	2	who	who	PRON
cjal-3363	852	3	purchase	purchase	VERB
cjal-3363	852	4	these	these	DET
cjal-3363	852	5	policies	policy	NOUN
cjal-3363	852	6	may	may	AUX
cjal-3363	852	7	tend	tend	VERB
cjal-3363	852	8	to	to	PART
cjal-3363	852	9	consider	consider	VERB
cjal-3363	852	10	more	more	ADV
cjal-3363	852	11	attentively	attentively	ADV
cjal-3363	852	12	the	the	DET
cjal-3363	852	13	future	future	ADJ
cjal-3363	852	14	returns	return	NOUN
cjal-3363	852	15	and	and	CCONJ
cjal-3363	852	16	may	may	AUX
cjal-3363	852	17	be	be	AUX
cjal-3363	852	18	less	less	ADV
cjal-3363	852	19	inclined	inclined	ADJ
cjal-3363	852	20	to	to	PART
cjal-3363	852	21	choose	choose	VERB
cjal-3363	852	22	soes	soe	NOUN
cjal-3363	852	23	than	than	SCONJ
cjal-3363	852	24	do	do	VERB
cjal-3363	852	25	purchasers	purchaser	NOUN
cjal-3363	852	26	of	of	ADP
cjal-3363	852	27	traditional	traditional	ADJ
cjal-3363	852	28	life	life	NOUN
cjal-3363	852	29	insurance	insurance	NOUN
cjal-3363	852	30	companies	company	NOUN
cjal-3363	852	31	.	.	PUNCT
cjal-3363	853	1	most	most	ADJ
cjal-3363	853	2	life	life	NOUN
cjal-3363	853	3	insurance	insurance	NOUN
cjal-3363	853	4	companies	company	NOUN
cjal-3363	853	5	conduct	conduct	VERB
cjal-3363	853	6	business	business	NOUN
cjal-3363	853	7	in	in	ADP
cjal-3363	853	8	both	both	CCONJ
cjal-3363	853	9	the	the	DET
cjal-3363	853	10	traditional	traditional	ADJ
cjal-3363	853	11	life	life	NOUN
cjal-3363	853	12	insurance	insurance	NOUN
cjal-3363	853	13	market	market	NOUN
cjal-3363	853	14	and	and	CCONJ
cjal-3363	853	15	the	the	DET
cjal-3363	853	16	innovative	innovative	ADJ
cjal-3363	853	17	life	life	NOUN
cjal-3363	853	18	insurance	insurance	NOUN
cjal-3363	853	19	market	market	NOUN
cjal-3363	853	20	.	.	PUNCT
cjal-3363	854	1	thus	thus	ADV
cjal-3363	854	2	,	,	PUNCT
cjal-3363	854	3	comparing	compare	VERB
cjal-3363	854	4	the	the	DET
cjal-3363	854	5	market	market	NOUN
cjal-3363	854	6	share	share	NOUN
cjal-3363	854	7	of	of	ADP
cjal-3363	854	8	soes	soe	NOUN
cjal-3363	854	9	in	in	ADP
cjal-3363	854	10	the	the	DET
cjal-3363	854	11	two	two	NUM
cjal-3363	854	12	170	170	NUM
cjal-3363	854	13	national	national	ADJ
cjal-3363	854	14	bureau	bureau	NOUN
cjal-3363	854	15	of	of	ADP
cjal-3363	854	16	statistics	statistic	NOUN
cjal-3363	854	17	,	,	PUNCT
cjal-3363	854	18	china	china	PROPN
cjal-3363	854	19	insurance	insurance	PROPN
cjal-3363	854	20	statistical	statistical	ADJ
cjal-3363	854	21	yearbook	yearbook	NOUN
cjal-3363	854	22	(	(	PUNCT
cjal-3363	854	23	china	china	PROPN
cjal-3363	854	24	statistical	statistical	ADJ
cjal-3363	854	25	press	press	NOUN
cjal-3363	854	26	)	)	PUNCT
cjal-3363	854	27	246	246	NUM
cjal-3363	854	28	(	(	PUNCT
cjal-3363	854	29	2013	2013	NUM
cjal-3363	854	30	)	)	PUNCT
cjal-3363	854	31	.	.	PUNCT
cjal-3363	855	1	national	national	PROPN
cjal-3363	855	2	bureau	bureau	PROPN
cjal-3363	855	3	of	of	ADP
cjal-3363	855	4	statistics	statistics	PROPN
cjal-3363	855	5	,	,	PUNCT
cjal-3363	855	6	china	china	PROPN
cjal-3363	855	7	insurance	insurance	PROPN
cjal-3363	855	8	statistical	statistical	ADJ
cjal-3363	855	9	yearbook	yearbook	NOUN
cjal-3363	855	10	(	(	PUNCT
cjal-3363	855	11	china	china	PROPN
cjal-3363	855	12	statistical	statistical	ADJ
cjal-3363	855	13	press	press	NOUN
cjal-3363	855	14	)	)	PUNCT
cjal-3363	855	15	242	242	NUM
cjal-3363	855	16	(	(	PUNCT
cjal-3363	855	17	2014	2014	NUM
cjal-3363	855	18	)	)	PUNCT
cjal-3363	855	19	.	.	PUNCT
cjal-3363	856	1	171	171	NUM
cjal-3363	856	2	in	in	ADP
cjal-3363	856	3	2014	2014	NUM
cjal-3363	856	4	,	,	PUNCT
cjal-3363	856	5	new	new	ADJ
cjal-3363	856	6	china	china	PROPN
cjal-3363	856	7	life	life	PROPN
cjal-3363	856	8	insurance	insurance	NOUN
cjal-3363	856	9	continued	continue	VERB
cjal-3363	856	10	to	to	PART
cjal-3363	856	11	possess	possess	VERB
cjal-3363	856	12	7	7	NUM
cjal-3363	856	13	%	%	NOUN
cjal-3363	856	14	of	of	ADP
cjal-3363	856	15	the	the	DET
cjal-3363	856	16	market	market	NOUN
cjal-3363	856	17	share	share	NOUN
cjal-3363	856	18	.	.	PUNCT
cjal-3363	857	1	2017	2017	NUM
cjal-3363	857	2	]	]	PUNCT
cjal-3363	857	3	state	state	NOUN
cjal-3363	857	4	ownership	ownership	NOUN
cjal-3363	857	5	and	and	CCONJ
cjal-3363	857	6	regulatory	regulatory	ADJ
cjal-3363	857	7	costs	cost	NOUN
cjal-3363	857	8	59	59	NUM
cjal-3363	857	9	markets	market	NOUN
cjal-3363	857	10	allows	allow	VERB
cjal-3363	857	11	us	we	PRON
cjal-3363	857	12	to	to	PART
cjal-3363	857	13	control	control	VERB
cjal-3363	857	14	for	for	ADP
cjal-3363	857	15	the	the	DET
cjal-3363	857	16	other	other	ADJ
cjal-3363	857	17	aspects	aspect	NOUN
cjal-3363	857	18	of	of	ADP
cjal-3363	857	19	the	the	DET
cjal-3363	857	20	companies	company	NOUN
cjal-3363	857	21	,	,	PUNCT
cjal-3363	857	22	including	include	VERB
cjal-3363	857	23	their	their	PRON
cjal-3363	857	24	business	business	NOUN
cjal-3363	857	25	strategies	strategy	NOUN
cjal-3363	857	26	,	,	PUNCT
cjal-3363	857	27	distributional	distributional	ADJ
cjal-3363	857	28	channels	channel	NOUN
cjal-3363	857	29	,	,	PUNCT
cjal-3363	857	30	and	and	CCONJ
cjal-3363	857	31	their	their	PRON
cjal-3363	857	32	ability	ability	NOUN
cjal-3363	857	33	to	to	PART
cjal-3363	857	34	influence	influence	VERB
cjal-3363	857	35	the	the	DET
cjal-3363	857	36	regulations	regulation	NOUN
cjal-3363	857	37	made	make	VERB
cjal-3363	857	38	by	by	ADP
cjal-3363	857	39	the	the	DET
cjal-3363	857	40	insurance	insurance	NOUN
cjal-3363	857	41	regulator	regulator	NOUN
cjal-3363	857	42	.	.	PUNCT
cjal-3363	858	1	in	in	ADP
cjal-3363	858	2	this	this	DET
cjal-3363	858	3	sense	sense	NOUN
cjal-3363	858	4	,	,	PUNCT
cjal-3363	858	5	the	the	DET
cjal-3363	858	6	difference	difference	NOUN
cjal-3363	858	7	in	in	ADP
cjal-3363	858	8	the	the	DET
cjal-3363	858	9	market	market	NOUN
cjal-3363	858	10	shares	share	NOUN
cjal-3363	858	11	of	of	ADP
cjal-3363	858	12	soes	soe	NOUN
cjal-3363	858	13	across	across	ADP
cjal-3363	858	14	sub	sub	NOUN
cjal-3363	858	15	-	-	NOUN
cjal-3363	858	16	sectors	sector	NOUN
cjal-3363	858	17	suggests	suggest	VERB
cjal-3363	858	18	that	that	SCONJ
cjal-3363	858	19	state	state	NOUN
cjal-3363	858	20	ownership	ownership	NOUN
cjal-3363	858	21	plays	play	VERB
cjal-3363	858	22	a	a	DET
cjal-3363	858	23	more	more	ADV
cjal-3363	858	24	important	important	ADJ
cjal-3363	858	25	role	role	NOUN
cjal-3363	858	26	in	in	ADP
cjal-3363	858	27	the	the	DET
cjal-3363	858	28	sub	sub	NOUN
cjal-3363	858	29	-	-	NOUN
cjal-3363	858	30	sectors	sector	NOUN
cjal-3363	858	31	where	where	SCONJ
cjal-3363	858	32	market	market	NOUN
cjal-3363	858	33	failures	failure	NOUN
cjal-3363	858	34	are	be	AUX
cjal-3363	858	35	more	more	ADV
cjal-3363	858	36	severe	severe	ADJ
cjal-3363	858	37	.	.	PUNCT
cjal-3363	859	1	table	table	NOUN
cjal-3363	859	2	8	8	NUM
cjal-3363	859	3	:	:	PUNCT
cjal-3363	859	4	market	market	NOUN
cjal-3363	859	5	share	share	NOUN
cjal-3363	859	6	of	of	ADP
cjal-3363	859	7	state	state	NOUN
cjal-3363	859	8	-	-	PUNCT
cjal-3363	859	9	owned	own	VERB
cjal-3363	859	10	insurance	insurance	NOUN
cjal-3363	859	11	companies	company	NOUN
cjal-3363	859	12	in	in	ADP
cjal-3363	859	13	the	the	DET
cjal-3363	859	14	traditional	traditional	ADJ
cjal-3363	859	15	life	life	NOUN
cjal-3363	859	16	insurance	insurance	NOUN
cjal-3363	859	17	market	market	NOUN
cjal-3363	859	18	and	and	CCONJ
cjal-3363	859	19	the	the	DET
cjal-3363	859	20	innovative	innovative	ADJ
cjal-3363	859	21	life	life	NOUN
cjal-3363	859	22	insurance	insurance	NOUN
cjal-3363	859	23	market	market	NOUN
cjal-3363	859	24	2005	2005	NUM
cjal-3363	859	25	2006	2006	NUM
cjal-3363	859	26	2007	2007	NUM
cjal-3363	859	27	2008	2008	NUM
cjal-3363	859	28	2009	2009	NUM
cjal-3363	859	29	2010	2010	NUM
cjal-3363	859	30	2011	2011	NUM
cjal-3363	859	31	2012	2012	NUM
cjal-3363	859	32	2013	2013	NUM
cjal-3363	859	33	2014	2014	NUM
cjal-3363	859	34	traditional	traditional	ADJ
cjal-3363	859	35	life	life	NOUN
cjal-3363	859	36	insurance	insurance	NOUN
cjal-3363	859	37	0.55	0.55	NUM
cjal-3363	859	38	0.71	0.71	NUM
cjal-3363	859	39	0.72	0.72	NUM
cjal-3363	859	40	0.65	0.65	NUM
cjal-3363	859	41	0.67	0.67	NUM
cjal-3363	859	42	0.58	0.58	NUM
cjal-3363	859	43	0.63	0.63	NUM
cjal-3363	859	44	0.6	0.6	NUM
cjal-3363	859	45	0.48	0.48	NUM
cjal-3363	859	46	0.45	0.45	NUM
cjal-3363	859	47	participating	participate	VERB
cjal-3363	859	48	life	life	NOUN
cjal-3363	859	49	insurance	insurance	NOUN
cjal-3363	859	50	0.55	0.55	NUM
cjal-3363	859	51	0.59	0.59	NUM
cjal-3363	859	52	0.61	0.61	NUM
cjal-3363	859	53	0.59	0.59	NUM
cjal-3363	859	54	0.53	0.53	NUM
cjal-3363	859	55	0.48	0.48	NUM
cjal-3363	859	56	0.43	0.43	NUM
cjal-3363	859	57	0.43	0.43	NUM
cjal-3363	859	58	0.44	0.44	NUM
cjal-3363	859	59	0.35	0.35	NUM
cjal-3363	859	60	universal	universal	ADJ
cjal-3363	859	61	insurance	insurance	NOUN
cjal-3363	859	62	and	and	CCONJ
cjal-3363	859	63	unit	unit	NOUN
cjal-3363	859	64	-	-	PUNCT
cjal-3363	859	65	linked	link	VERB
cjal-3363	859	66	insurance	insurance	NOUN
cjal-3363	859	67	0.09	0.09	NUM
cjal-3363	859	68	0.15	0.15	NUM
cjal-3363	859	69	0.12	0.12	NUM
cjal-3363	859	70	0.24	0.24	NUM
cjal-3363	859	71	0.14	0.14	NUM
cjal-3363	859	72	0.01	0.01	NUM
cjal-3363	859	73	0.02	0.02	NUM
cjal-3363	859	74	0.02	0.02	NUM
cjal-3363	859	75	0.01	0.01	NUM
cjal-3363	859	76	0.01	0.01	NUM
cjal-3363	859	77	source	source	NOUN
cjal-3363	859	78	:	:	PUNCT
cjal-3363	859	79	china	china	PROPN
cjal-3363	859	80	insurance	insurance	PROPN
cjal-3363	859	81	yearbook	yearbook	PROPN
cjal-3363	859	82	columbia	columbia	PROPN
cjal-3363	859	83	journal	journal	PROPN
cjal-3363	859	84	of	of	ADP
cjal-3363	859	85	asian	asian	ADJ
cjal-3363	859	86	law	law	NOUN
cjal-3363	860	1	[	[	X
cjal-3363	860	2	vol	vol	NOUN
cjal-3363	860	3	.	.	PUNCT
cjal-3363	861	1	31:1	31:1	NUM
cjal-3363	861	2	60	60	NUM
cjal-3363	861	3	figure	figure	NOUN
cjal-3363	861	4	14	14	NUM
cjal-3363	861	5	:	:	PUNCT
cjal-3363	861	6	market	market	NOUN
cjal-3363	861	7	share	share	NOUN
cjal-3363	861	8	of	of	ADP
cjal-3363	861	9	state	state	NOUN
cjal-3363	861	10	-	-	PUNCT
cjal-3363	861	11	owned	own	VERB
cjal-3363	861	12	insurance	insurance	NOUN
cjal-3363	861	13	companies	company	NOUN
cjal-3363	861	14	in	in	ADP
cjal-3363	861	15	the	the	DET
cjal-3363	861	16	traditional	traditional	ADJ
cjal-3363	861	17	life	life	NOUN
cjal-3363	861	18	insurance	insurance	NOUN
cjal-3363	861	19	market	market	NOUN
cjal-3363	861	20	,	,	PUNCT
cjal-3363	861	21	the	the	DET
cjal-3363	861	22	innovative	innovative	ADJ
cjal-3363	861	23	life	life	NOUN
cjal-3363	861	24	insurance	insurance	NOUN
cjal-3363	861	25	market	market	NOUN
cjal-3363	861	26	,	,	PUNCT
cjal-3363	861	27	and	and	CCONJ
cjal-3363	861	28	the	the	DET
cjal-3363	861	29	long	long	ADJ
cjal-3363	861	30	-	-	PUNCT
cjal-3363	861	31	term	term	NOUN
cjal-3363	861	32	health	health	NOUN
cjal-3363	861	33	and	and	CCONJ
cjal-3363	861	34	casualty	casualty	NOUN
cjal-3363	861	35	insurance	insurance	NOUN
cjal-3363	861	36	market	market	NOUN
cjal-3363	861	37	source	source	NOUN
cjal-3363	861	38	:	:	PUNCT
cjal-3363	861	39	china	china	PROPN
cjal-3363	861	40	insurance	insurance	PROPN
cjal-3363	861	41	yearbook	yearbook	NOUN
cjal-3363	861	42	admittedly	admittedly	ADV
cjal-3363	861	43	,	,	PUNCT
cjal-3363	861	44	given	give	VERB
cjal-3363	861	45	that	that	SCONJ
cjal-3363	861	46	only	only	ADV
cjal-3363	861	47	nine	nine	NUM
cjal-3363	861	48	years	year	NOUN
cjal-3363	861	49	of	of	ADP
cjal-3363	861	50	data	datum	NOUN
cjal-3363	861	51	is	be	AUX
cjal-3363	861	52	available	available	ADJ
cjal-3363	861	53	,	,	PUNCT
cjal-3363	861	54	it	it	PRON
cjal-3363	861	55	is	be	AUX
cjal-3363	861	56	not	not	PART
cjal-3363	861	57	easy	easy	ADJ
cjal-3363	861	58	to	to	PART
cjal-3363	861	59	conduct	conduct	VERB
cjal-3363	861	60	a	a	DET
cjal-3363	861	61	quantitative	quantitative	ADJ
cjal-3363	861	62	analysis	analysis	NOUN
cjal-3363	861	63	on	on	ADP
cjal-3363	861	64	whether	whether	SCONJ
cjal-3363	861	65	the	the	DET
cjal-3363	861	66	difference	difference	NOUN
cjal-3363	861	67	in	in	ADP
cjal-3363	861	68	means	mean	NOUN
cjal-3363	861	69	between	between	ADP
cjal-3363	861	70	the	the	DET
cjal-3363	861	71	market	market	NOUN
cjal-3363	861	72	shares	share	NOUN
cjal-3363	861	73	of	of	ADP
cjal-3363	861	74	soes	soe	NOUN
cjal-3363	861	75	in	in	ADP
cjal-3363	861	76	the	the	DET
cjal-3363	861	77	traditional	traditional	ADJ
cjal-3363	861	78	and	and	CCONJ
cjal-3363	861	79	participating	participate	VERB
cjal-3363	861	80	life	life	NOUN
cjal-3363	861	81	insurance	insurance	NOUN
cjal-3363	861	82	sector	sector	NOUN
cjal-3363	861	83	is	be	AUX
cjal-3363	861	84	statistically	statistically	ADV
cjal-3363	861	85	significant.172	significant.172	ADJ
cjal-3363	861	86	however	however	ADV
cjal-3363	861	87	,	,	PUNCT
cjal-3363	861	88	it	it	PRON
cjal-3363	861	89	is	be	AUX
cjal-3363	861	90	safe	safe	ADJ
cjal-3363	861	91	to	to	PART
cjal-3363	861	92	conclude	conclude	VERB
cjal-3363	861	93	that	that	SCONJ
cjal-3363	861	94	the	the	DET
cjal-3363	861	95	difference	difference	NOUN
cjal-3363	861	96	in	in	ADP
cjal-3363	861	97	means	mean	NOUN
cjal-3363	861	98	between	between	ADP
cjal-3363	861	99	soes	soe	NOUN
cjal-3363	861	100	’	'	PUNCT
cjal-3363	861	101	market	market	NOUN
cjal-3363	861	102	shares	share	NOUN
cjal-3363	861	103	in	in	ADP
cjal-3363	861	104	the	the	DET
cjal-3363	861	105	traditional	traditional	ADJ
cjal-3363	861	106	and	and	CCONJ
cjal-3363	861	107	universal	universal	ADJ
cjal-3363	861	108	life	life	NOUN
cjal-3363	861	109	insurance	insurance	NOUN
cjal-3363	861	110	sector	sector	NOUN
cjal-3363	861	111	is	be	AUX
cjal-3363	861	112	very	very	ADV
cjal-3363	861	113	large	large	ADJ
cjal-3363	861	114	and	and	CCONJ
cjal-3363	861	115	probably	probably	ADV
cjal-3363	861	116	significant	significant	ADJ
cjal-3363	861	117	.	.	PUNCT
cjal-3363	862	1	another	another	DET
cjal-3363	862	2	problem	problem	NOUN
cjal-3363	862	3	with	with	ADP
cjal-3363	862	4	this	this	DET
cjal-3363	862	5	comparison	comparison	NOUN
cjal-3363	862	6	is	be	AUX
cjal-3363	862	7	that	that	SCONJ
cjal-3363	862	8	other	other	ADJ
cjal-3363	862	9	factors	factor	NOUN
cjal-3363	862	10	may	may	AUX
cjal-3363	862	11	also	also	ADV
cjal-3363	862	12	affect	affect	VERB
cjal-3363	862	13	the	the	DET
cjal-3363	862	14	market	market	NOUN
cjal-3363	862	15	share	share	NOUN
cjal-3363	862	16	of	of	ADP
cjal-3363	862	17	soes	soe	NOUN
cjal-3363	862	18	.	.	PUNCT
cjal-3363	863	1	for	for	ADP
cjal-3363	863	2	example	example	NOUN
cjal-3363	863	3	,	,	PUNCT
cjal-3363	863	4	some	some	DET
cjal-3363	863	5	insurance	insurance	NOUN
cjal-3363	863	6	companies	company	NOUN
cjal-3363	863	7	may	may	AUX
cjal-3363	863	8	have	have	AUX
cjal-3363	863	9	built	build	VERB
cjal-3363	863	10	a	a	DET
cjal-3363	863	11	good	good	ADJ
cjal-3363	863	12	reputation	reputation	NOUN
cjal-3363	863	13	that	that	PRON
cjal-3363	863	14	allows	allow	VERB
cjal-3363	863	15	them	they	PRON
cjal-3363	863	16	to	to	PART
cjal-3363	863	17	obtain	obtain	VERB
cjal-3363	863	18	a	a	DET
cjal-3363	863	19	larger	large	ADJ
cjal-3363	863	20	share	share	NOUN
cjal-3363	863	21	in	in	ADP
cjal-3363	863	22	the	the	DET
cjal-3363	863	23	traditional	traditional	ADJ
cjal-3363	863	24	life	life	NOUN
cjal-3363	863	25	insurance	insurance	NOUN
cjal-3363	863	26	market	market	NOUN
cjal-3363	863	27	.	.	PUNCT
cjal-3363	864	1	some	some	DET
cjal-3363	864	2	insurance	insurance	NOUN
cjal-3363	864	3	companies	company	NOUN
cjal-3363	864	4	may	may	AUX
cjal-3363	864	5	also	also	ADV
cjal-3363	864	6	have	have	VERB
cjal-3363	864	7	more	more	ADJ
cjal-3363	864	8	distribution	distribution	NOUN
cjal-3363	864	9	channels	channel	NOUN
cjal-3363	864	10	,	,	PUNCT
cjal-3363	864	11	making	make	VERB
cjal-3363	864	12	their	their	PRON
cjal-3363	864	13	products	product	NOUN
cjal-3363	864	14	more	more	ADV
cjal-3363	864	15	accessible	accessible	ADJ
cjal-3363	864	16	to	to	ADP
cjal-3363	864	17	consumers	consumer	NOUN
cjal-3363	864	18	.	.	PUNCT
cjal-3363	865	1	this	this	DET
cjal-3363	865	2	article	article	NOUN
cjal-3363	865	3	does	do	AUX
cjal-3363	865	4	not	not	PART
cjal-3363	865	5	purport	purport	VERB
cjal-3363	865	6	to	to	PART
cjal-3363	865	7	show	show	VERB
cjal-3363	865	8	that	that	SCONJ
cjal-3363	865	9	state	state	NOUN
cjal-3363	865	10	ownership	ownership	NOUN
cjal-3363	865	11	is	be	AUX
cjal-3363	865	12	the	the	DET
cjal-3363	865	13	only	only	ADJ
cjal-3363	865	14	factor	factor	NOUN
cjal-3363	865	15	that	that	PRON
cjal-3363	865	16	affects	affect	VERB
cjal-3363	865	17	the	the	DET
cjal-3363	865	18	market	market	NOUN
cjal-3363	865	19	share	share	NOUN
cjal-3363	865	20	of	of	ADP
cjal-3363	865	21	insurance	insurance	NOUN
cjal-3363	865	22	companies	company	NOUN
cjal-3363	865	23	in	in	ADP
cjal-3363	865	24	different	different	ADJ
cjal-3363	865	25	sectors	sector	NOUN
cjal-3363	865	26	,	,	PUNCT
cjal-3363	865	27	but	but	CCONJ
cjal-3363	865	28	simply	simply	ADV
cjal-3363	865	29	that	that	SCONJ
cjal-3363	865	30	it	it	PRON
cjal-3363	865	31	is	be	AUX
cjal-3363	865	32	an	an	DET
cjal-3363	865	33	important	important	ADJ
cjal-3363	865	34	factor	factor	NOUN
cjal-3363	865	35	that	that	PRON
cjal-3363	865	36	affects	affect	VERB
cjal-3363	865	37	consumers	consumer	NOUN
cjal-3363	865	38	’	'	PUNCT
cjal-3363	865	39	decisions	decision	NOUN
cjal-3363	865	40	when	when	SCONJ
cjal-3363	865	41	regulatory	regulatory	ADJ
cjal-3363	865	42	capacity	capacity	NOUN
cjal-3363	865	43	is	be	AUX
cjal-3363	865	44	weak	weak	ADJ
cjal-3363	865	45	.	.	PUNCT
cjal-3363	866	1	172	172	NUM
cjal-3363	866	2	one	one	NUM
cjal-3363	866	3	difficulty	difficulty	NOUN
cjal-3363	866	4	,	,	PUNCT
cjal-3363	866	5	for	for	ADP
cjal-3363	866	6	example	example	NOUN
cjal-3363	866	7	,	,	PUNCT
cjal-3363	866	8	is	be	AUX
cjal-3363	866	9	that	that	SCONJ
cjal-3363	866	10	the	the	DET
cjal-3363	866	11	market	market	NOUN
cjal-3363	866	12	share	share	NOUN
cjal-3363	866	13	of	of	ADP
cjal-3363	866	14	soes	soe	NOUN
cjal-3363	866	15	in	in	ADP
cjal-3363	866	16	different	different	ADJ
cjal-3363	866	17	years	year	NOUN
cjal-3363	866	18	may	may	AUX
cjal-3363	866	19	belong	belong	VERB
cjal-3363	866	20	to	to	ADP
cjal-3363	866	21	different	different	ADJ
cjal-3363	866	22	distributions	distribution	NOUN
cjal-3363	866	23	.	.	PUNCT
cjal-3363	867	1	0	0	NUM
cjal-3363	867	2	0.1	0.1	NUM
cjal-3363	867	3	0.2	0.2	NUM
cjal-3363	867	4	0.3	0.3	NUM
cjal-3363	867	5	0.4	0.4	NUM
cjal-3363	867	6	0.5	0.5	NUM
cjal-3363	867	7	0.6	0.6	NUM
cjal-3363	867	8	0.7	0.7	NUM
cjal-3363	867	9	0.8	0.8	NUM
cjal-3363	867	10	2	2	NUM
cjal-3363	867	11	0	0	NUM
cjal-3363	867	12	0	0	NUM
cjal-3363	867	13	5	5	NUM
cjal-3363	867	14	2	2	NUM
cjal-3363	867	15	0	0	NUM
cjal-3363	867	16	0	0	NUM
cjal-3363	867	17	6	6	NUM
cjal-3363	867	18	2	2	NUM
cjal-3363	867	19	0	0	NUM
cjal-3363	867	20	0	0	NUM
cjal-3363	867	21	7	7	NUM
cjal-3363	867	22	2	2	NUM
cjal-3363	867	23	0	0	NUM
cjal-3363	867	24	0	0	NUM
cjal-3363	867	25	8	8	NUM
cjal-3363	867	26	2	2	NUM
cjal-3363	867	27	0	0	NUM
cjal-3363	867	28	0	0	NUM
cjal-3363	867	29	9	9	NUM
cjal-3363	867	30	2	2	NUM
cjal-3363	867	31	0	0	NUM
cjal-3363	867	32	1	1	NUM
cjal-3363	867	33	0	0	NUM
cjal-3363	867	34	2	2	NUM
cjal-3363	867	35	0	0	NUM
cjal-3363	867	36	1	1	NUM
cjal-3363	867	37	1	1	NUM
cjal-3363	867	38	2	2	NUM
cjal-3363	867	39	0	0	NUM
cjal-3363	867	40	1	1	NUM
cjal-3363	867	41	2	2	NUM
cjal-3363	867	42	2	2	NUM
cjal-3363	867	43	0	0	NUM
cjal-3363	867	44	1	1	NUM
cjal-3363	867	45	3	3	NUM
cjal-3363	867	46	2	2	NUM
cjal-3363	867	47	0	0	NUM
cjal-3363	867	48	1	1	NUM
cjal-3363	867	49	4	4	NUM
cjal-3363	867	50	traditional	traditional	ADJ
cjal-3363	867	51	life	life	NOUN
cjal-3363	867	52	insurance	insurance	NOUN
cjal-3363	867	53	participating	participate	VERB
cjal-3363	867	54	life	life	NOUN
cjal-3363	867	55	insurance	insurance	NOUN
cjal-3363	867	56	universal	universal	ADJ
cjal-3363	867	57	insurance	insurance	NOUN
cjal-3363	867	58	and	and	CCONJ
cjal-3363	867	59	unit	unit	NOUN
cjal-3363	867	60	-	-	PUNCT
cjal-3363	867	61	linked	link	VERB
cjal-3363	867	62	insurance	insurance	NOUN
cjal-3363	867	63	year	year	NOUN
cjal-3363	867	64	m	m	VERB
cjal-3363	867	65	a	a	DET
cjal-3363	867	66	rk	rk	NOUN
cjal-3363	867	67	e	e	PROPN
cjal-3363	867	68	t	t	NOUN
cjal-3363	867	69	s	s	PROPN
cjal-3363	867	70	h	h	NOUN
cjal-3363	867	71	a	a	DET
cjal-3363	867	72	re	re	NOUN
cjal-3363	867	73	2017	2017	NUM
cjal-3363	867	74	]	]	PUNCT
cjal-3363	867	75	state	state	NOUN
cjal-3363	867	76	ownership	ownership	NOUN
cjal-3363	867	77	and	and	CCONJ
cjal-3363	867	78	regulatory	regulatory	ADJ
cjal-3363	867	79	costs	cost	NOUN
cjal-3363	867	80	61	61	NUM
cjal-3363	867	81	4	4	NUM
cjal-3363	867	82	.	.	PUNCT
cjal-3363	868	1	the	the	DET
cjal-3363	868	2	difference	difference	NOUN
cjal-3363	868	3	in	in	ADP
cjal-3363	868	4	the	the	DET
cjal-3363	868	5	numbers	number	NOUN
cjal-3363	868	6	of	of	ADP
cjal-3363	868	7	complaints	complaint	NOUN
cjal-3363	868	8	lodged	lodge	VERB
cjal-3363	868	9	against	against	ADP
cjal-3363	868	10	state	state	NOUN
cjal-3363	868	11	-	-	PUNCT
cjal-3363	868	12	owned	own	VERB
cjal-3363	868	13	and	and	CCONJ
cjal-3363	868	14	privately	privately	ADV
cjal-3363	868	15	owned	own	VERB
cjal-3363	868	16	insurance	insurance	NOUN
cjal-3363	868	17	companies	company	NOUN
cjal-3363	868	18	the	the	DET
cjal-3363	868	19	difference	difference	NOUN
cjal-3363	868	20	in	in	ADP
cjal-3363	868	21	the	the	DET
cjal-3363	868	22	numbers	number	NOUN
cjal-3363	868	23	of	of	ADP
cjal-3363	868	24	complaints	complaint	NOUN
cjal-3363	868	25	lodged	lodge	VERB
cjal-3363	868	26	against	against	ADP
cjal-3363	868	27	the	the	DET
cjal-3363	868	28	state	state	NOUN
cjal-3363	868	29	-	-	PUNCT
cjal-3363	868	30	owned	own	VERB
cjal-3363	868	31	insurance	insurance	NOUN
cjal-3363	868	32	companies	company	NOUN
cjal-3363	868	33	and	and	CCONJ
cjal-3363	868	34	other	other	ADJ
cjal-3363	868	35	insurance	insurance	NOUN
cjal-3363	868	36	companies	company	NOUN
cjal-3363	868	37	may	may	AUX
cjal-3363	868	38	also	also	ADV
cjal-3363	868	39	illustrate	illustrate	VERB
cjal-3363	868	40	the	the	DET
cjal-3363	868	41	effectiveness	effectiveness	NOUN
cjal-3363	868	42	of	of	ADP
cjal-3363	868	43	state	state	NOUN
cjal-3363	868	44	ownership	ownership	NOUN
cjal-3363	868	45	in	in	ADP
cjal-3363	868	46	achieving	achieve	VERB
cjal-3363	868	47	regulatory	regulatory	ADJ
cjal-3363	868	48	goals	goal	NOUN
cjal-3363	868	49	.	.	PUNCT
cjal-3363	869	1	the	the	DET
cjal-3363	869	2	average	average	ADJ
cjal-3363	869	3	number	number	NOUN
cjal-3363	869	4	of	of	ADP
cjal-3363	869	5	complaints	complaint	NOUN
cjal-3363	869	6	lodged	lodge	VERB
cjal-3363	869	7	against	against	ADP
cjal-3363	869	8	state	state	NOUN
cjal-3363	869	9	-	-	PUNCT
cjal-3363	869	10	owned	own	VERB
cjal-3363	869	11	insurance	insurance	NOUN
cjal-3363	869	12	companies	company	NOUN
cjal-3363	869	13	divided	divide	VERB
cjal-3363	869	14	by	by	ADP
cjal-3363	869	15	the	the	DET
cjal-3363	869	16	total	total	ADJ
cjal-3363	869	17	amount	amount	NOUN
cjal-3363	869	18	of	of	ADP
cjal-3363	869	19	premium	premium	NOUN
cjal-3363	869	20	collected	collect	VERB
cjal-3363	869	21	was	be	AUX
cjal-3363	869	22	lower	low	ADJ
cjal-3363	869	23	than	than	ADP
cjal-3363	869	24	that	that	PRON
cjal-3363	869	25	of	of	ADP
cjal-3363	869	26	other	other	ADJ
cjal-3363	869	27	insurance	insurance	NOUN
cjal-3363	869	28	companies	company	NOUN
cjal-3363	869	29	,	,	PUNCT
cjal-3363	869	30	as	as	SCONJ
cjal-3363	869	31	illustrated	illustrate	VERB
cjal-3363	869	32	in	in	ADP
cjal-3363	869	33	the	the	DET
cjal-3363	869	34	table	table	NOUN
cjal-3363	869	35	below	below	ADV
cjal-3363	869	36	.	.	PUNCT
cjal-3363	870	1	these	these	DET
cjal-3363	870	2	figures	figure	NOUN
cjal-3363	870	3	suggest	suggest	VERB
cjal-3363	870	4	that	that	SCONJ
cjal-3363	870	5	soes	soe	NOUN
cjal-3363	870	6	probably	probably	ADV
cjal-3363	870	7	engage	engage	VERB
cjal-3363	870	8	in	in	ADP
cjal-3363	870	9	less	less	ADJ
cjal-3363	870	10	opportunistic	opportunistic	ADJ
cjal-3363	870	11	actions	action	NOUN
cjal-3363	870	12	.	.	PUNCT
cjal-3363	871	1	table	table	NOUN
cjal-3363	871	2	9	9	NUM
cjal-3363	871	3	:	:	PUNCT
cjal-3363	871	4	average	average	ADJ
cjal-3363	871	5	number	number	NOUN
cjal-3363	871	6	of	of	ADP
cjal-3363	871	7	complaints	complaint	NOUN
cjal-3363	871	8	per	per	ADP
cjal-3363	871	9	hundred	hundred	NUM
cjal-3363	871	10	million	million	NUM
cjal-3363	871	11	rmbs	rmb	NOUN
cjal-3363	871	12	in	in	ADP
cjal-3363	871	13	insurance	insurance	NOUN
cjal-3363	871	14	premiums	premium	NOUN
cjal-3363	871	15	year	year	NOUN
cjal-3363	871	16	insurance	insurance	NOUN
cjal-3363	871	17	company	company	NOUN
cjal-3363	871	18	state	state	NOUN
cjal-3363	871	19	-	-	PUNCT
cjal-3363	871	20	owned	own	VERB
cjal-3363	871	21	insurance	insurance	NOUN
cjal-3363	871	22	companies	company	NOUN
cjal-3363	871	23	other	other	ADJ
cjal-3363	871	24	insurance	insurance	NOUN
cjal-3363	871	25	companies	company	NOUN
cjal-3363	871	26	2012	2012	NUM
cjal-3363	871	27	life	life	NOUN
cjal-3363	871	28	1.04	1.04	NUM
cjal-3363	871	29	2.49	2.49	NUM
cjal-3363	871	30	property	property	NOUN
cjal-3363	871	31	1.05	1.05	NUM
cjal-3363	871	32	1.95	1.95	NUM
cjal-3363	871	33	2013	2013	NUM
cjal-3363	871	34	life	life	NOUN
cjal-3363	871	35	1.03	1.03	NUM
cjal-3363	871	36	5.83	5.83	NUM
cjal-3363	871	37	property	property	NOUN
cjal-3363	871	38	1.14	1.14	NUM
cjal-3363	871	39	2.31	2.31	NUM
cjal-3363	871	40	2014	2014	NUM
cjal-3363	871	41	life	life	NOUN
cjal-3363	871	42	0.75	0.75	NUM
cjal-3363	871	43	2.46	2.46	NUM
cjal-3363	871	44	property	property	NOUN
cjal-3363	871	45	1.76	1.76	NUM
cjal-3363	871	46	2.97	2.97	NUM
cjal-3363	871	47	2015	2015	NUM
cjal-3363	871	48	life	life	NOUN
cjal-3363	871	49	0.89	0.89	NUM
cjal-3363	871	50	1.69	1.69	NUM
cjal-3363	871	51	property	property	NOUN
cjal-3363	871	52	1.48	1.48	NUM
cjal-3363	871	53	3.29	3.29	NUM
cjal-3363	871	54	data	datum	NOUN
cjal-3363	871	55	source	source	NOUN
cjal-3363	871	56	:	:	PUNCT
cjal-3363	871	57	chinese	chinese	ADJ
cjal-3363	871	58	insurance	insurance	PROPN
cjal-3363	871	59	regulatory	regulatory	PROPN
cjal-3363	871	60	commission	commission	PROPN
cjal-3363	871	61	columbia	columbia	PROPN
cjal-3363	871	62	journal	journal	PROPN
cjal-3363	871	63	of	of	ADP
cjal-3363	871	64	asian	asian	ADJ
cjal-3363	871	65	law	law	NOUN
cjal-3363	872	1	[	[	X
cjal-3363	872	2	vol	vol	NOUN
cjal-3363	872	3	.	.	PUNCT
cjal-3363	873	1	31:1	31:1	NUM
cjal-3363	873	2	62	62	NUM
cjal-3363	873	3	figure	figure	NOUN
cjal-3363	873	4	15	15	NUM
cjal-3363	873	5	:	:	PUNCT
cjal-3363	873	6	average	average	ADJ
cjal-3363	873	7	number	number	NOUN
cjal-3363	873	8	of	of	ADP
cjal-3363	873	9	complaints	complaint	NOUN
cjal-3363	873	10	per	per	ADP
cjal-3363	873	11	hundred	hundred	NUM
cjal-3363	873	12	million	million	NUM
cjal-3363	873	13	rmbs	rmb	NOUN
cjal-3363	873	14	in	in	ADP
cjal-3363	873	15	insurance	insurance	NOUN
cjal-3363	873	16	premiums	premium	NOUN
cjal-3363	873	17	data	datum	NOUN
cjal-3363	873	18	source	source	NOUN
cjal-3363	873	19	:	:	PUNCT
cjal-3363	873	20	chinese	chinese	ADJ
cjal-3363	873	21	insurance	insurance	PROPN
cjal-3363	873	22	regulatory	regulatory	ADJ
cjal-3363	873	23	commission	commission	NOUN
cjal-3363	873	24	to	to	PART
cjal-3363	873	25	sum	sum	VERB
cjal-3363	873	26	up	up	ADP
cjal-3363	873	27	,	,	PUNCT
cjal-3363	873	28	state	state	NOUN
cjal-3363	873	29	-	-	PUNCT
cjal-3363	873	30	owned	own	VERB
cjal-3363	873	31	insurance	insurance	NOUN
cjal-3363	873	32	companies	company	NOUN
cjal-3363	873	33	generally	generally	ADV
cjal-3363	873	34	possess	possess	VERB
cjal-3363	873	35	a	a	DET
cjal-3363	873	36	larger	large	ADJ
cjal-3363	873	37	market	market	NOUN
cjal-3363	873	38	share	share	NOUN
cjal-3363	873	39	in	in	ADP
cjal-3363	873	40	markets	market	NOUN
cjal-3363	873	41	where	where	SCONJ
cjal-3363	873	42	insurance	insurance	NOUN
cjal-3363	873	43	companies	company	NOUN
cjal-3363	873	44	are	be	AUX
cjal-3363	873	45	more	more	ADV
cjal-3363	873	46	likely	likely	ADJ
cjal-3363	873	47	to	to	PART
cjal-3363	873	48	act	act	VERB
cjal-3363	873	49	opportunistically	opportunistically	ADV
cjal-3363	873	50	.	.	PUNCT
cjal-3363	874	1	moreover	moreover	ADV
cjal-3363	874	2	,	,	PUNCT
cjal-3363	874	3	the	the	DET
cjal-3363	874	4	number	number	NOUN
cjal-3363	874	5	of	of	ADP
cjal-3363	874	6	complaints	complaint	NOUN
cjal-3363	874	7	filed	file	VERB
cjal-3363	874	8	against	against	ADP
cjal-3363	874	9	soes	soe	NOUN
cjal-3363	874	10	divided	divide	VERB
cjal-3363	874	11	by	by	ADP
cjal-3363	874	12	the	the	DET
cjal-3363	874	13	total	total	ADJ
cjal-3363	874	14	premium	premium	NOUN
cjal-3363	874	15	collected	collect	VERB
cjal-3363	874	16	is	be	AUX
cjal-3363	874	17	smaller	small	ADJ
cjal-3363	874	18	as	as	ADP
cjal-3363	874	19	compared	compare	VERB
cjal-3363	874	20	to	to	ADP
cjal-3363	874	21	other	other	ADJ
cjal-3363	874	22	insurance	insurance	NOUN
cjal-3363	874	23	companies	company	NOUN
cjal-3363	874	24	.	.	PUNCT
cjal-3363	875	1	this	this	DET
cjal-3363	875	2	observation	observation	NOUN
cjal-3363	875	3	reflects	reflect	VERB
cjal-3363	875	4	consumers	consumer	NOUN
cjal-3363	875	5	’	'	PUNCT
cjal-3363	875	6	preference	preference	NOUN
cjal-3363	875	7	for	for	ADP
cjal-3363	875	8	transacting	transact	VERB
cjal-3363	875	9	with	with	ADP
cjal-3363	875	10	soes	soe	NOUN
cjal-3363	875	11	when	when	SCONJ
cjal-3363	875	12	regulation	regulation	NOUN
cjal-3363	875	13	is	be	AUX
cjal-3363	875	14	insufficient	insufficient	ADJ
cjal-3363	875	15	in	in	ADP
cjal-3363	875	16	protecting	protect	VERB
cjal-3363	875	17	them	they	PRON
cjal-3363	875	18	.	.	PUNCT
cjal-3363	876	1	d.	d.	PROPN
cjal-3363	876	2	alternative	alternative	ADJ
cjal-3363	876	3	explanations	explanation	NOUN
cjal-3363	876	4	there	there	PRON
cjal-3363	876	5	are	be	VERB
cjal-3363	876	6	,	,	PUNCT
cjal-3363	876	7	to	to	PART
cjal-3363	876	8	be	be	AUX
cjal-3363	876	9	sure	sure	ADJ
cjal-3363	876	10	,	,	PUNCT
cjal-3363	876	11	several	several	ADJ
cjal-3363	876	12	alternative	alternative	ADJ
cjal-3363	876	13	explanations	explanation	NOUN
cjal-3363	876	14	for	for	ADP
cjal-3363	876	15	the	the	DET
cjal-3363	876	16	prevalence	prevalence	NOUN
cjal-3363	876	17	of	of	ADP
cjal-3363	876	18	soes	soe	NOUN
cjal-3363	876	19	in	in	ADP
cjal-3363	876	20	china	china	PROPN
cjal-3363	876	21	.	.	PUNCT
cjal-3363	877	1	some	some	PRON
cjal-3363	877	2	of	of	ADP
cjal-3363	877	3	them	they	PRON
cjal-3363	877	4	are	be	AUX
cjal-3363	877	5	valid	valid	ADJ
cjal-3363	877	6	.	.	PUNCT
cjal-3363	878	1	however	however	ADV
cjal-3363	878	2	,	,	PUNCT
cjal-3363	878	3	these	these	DET
cjal-3363	878	4	explanations	explanation	NOUN
cjal-3363	878	5	,	,	PUNCT
cjal-3363	878	6	independently	independently	ADV
cjal-3363	878	7	or	or	CCONJ
cjal-3363	878	8	collectively	collectively	ADV
cjal-3363	878	9	,	,	PUNCT
cjal-3363	878	10	can	can	AUX
cjal-3363	878	11	not	not	PART
cjal-3363	878	12	fully	fully	ADV
cjal-3363	878	13	explain	explain	VERB
cjal-3363	878	14	the	the	DET
cjal-3363	878	15	distribution	distribution	NOUN
cjal-3363	878	16	of	of	ADP
cjal-3363	878	17	soes	soe	NOUN
cjal-3363	878	18	across	across	ADP
cjal-3363	878	19	different	different	ADJ
cjal-3363	878	20	sectors	sector	NOUN
cjal-3363	878	21	in	in	ADP
cjal-3363	878	22	china	china	PROPN
cjal-3363	878	23	.	.	PUNCT
cjal-3363	879	1	these	these	DET
cjal-3363	879	2	explanations	explanation	NOUN
cjal-3363	879	3	and	and	CCONJ
cjal-3363	879	4	the	the	DET
cjal-3363	879	5	explanation	explanation	NOUN
cjal-3363	879	6	developed	develop	VERB
cjal-3363	879	7	herein	herein	NOUN
cjal-3363	879	8	are	be	AUX
cjal-3363	879	9	not	not	PART
cjal-3363	879	10	mutually	mutually	ADV
cjal-3363	879	11	exclusive	exclusive	ADJ
cjal-3363	879	12	and	and	CCONJ
cjal-3363	879	13	can	can	AUX
cjal-3363	879	14	be	be	AUX
cjal-3363	879	15	combined	combine	VERB
cjal-3363	879	16	to	to	PART
cjal-3363	879	17	help	help	VERB
cjal-3363	879	18	us	we	PRON
cjal-3363	879	19	better	well	ADV
cjal-3363	879	20	understand	understand	VERB
cjal-3363	879	21	the	the	DET
cjal-3363	879	22	landscape	landscape	NOUN
cjal-3363	879	23	of	of	ADP
cjal-3363	879	24	soes	soe	NOUN
cjal-3363	879	25	in	in	ADP
cjal-3363	879	26	china	china	PROPN
cjal-3363	879	27	.	.	PUNCT
cjal-3363	880	1	a	a	DET
cjal-3363	880	2	possible	possible	ADJ
cjal-3363	880	3	explanation	explanation	NOUN
cjal-3363	880	4	for	for	ADP
cjal-3363	880	5	the	the	DET
cjal-3363	880	6	prevalence	prevalence	NOUN
cjal-3363	880	7	of	of	ADP
cjal-3363	880	8	soes	soe	NOUN
cjal-3363	880	9	in	in	ADP
cjal-3363	880	10	china	china	PROPN
cjal-3363	880	11	is	be	AUX
cjal-3363	880	12	that	that	SCONJ
cjal-3363	880	13	they	they	PRON
cjal-3363	880	14	are	be	AUX
cjal-3363	880	15	significantly	significantly	ADV
cjal-3363	880	16	influenced	influence	VERB
cjal-3363	880	17	by	by	ADP
cjal-3363	880	18	political	political	ADJ
cjal-3363	880	19	ideologies	ideology	NOUN
cjal-3363	880	20	.	.	PUNCT
cjal-3363	881	1	however	however	ADV
cjal-3363	881	2	,	,	PUNCT
cjal-3363	881	3	political	political	ADJ
cjal-3363	881	4	ideologies	ideology	NOUN
cjal-3363	881	5	did	do	AUX
cjal-3363	881	6	not	not	PART
cjal-3363	881	7	prevent	prevent	VERB
cjal-3363	881	8	china	china	PROPN
cjal-3363	881	9	from	from	ADP
cjal-3363	881	10	privatizing	privatize	VERB
cjal-3363	881	11	its	its	PRON
cjal-3363	881	12	soes	soe	NOUN
cjal-3363	881	13	in	in	ADP
cjal-3363	881	14	many	many	ADJ
cjal-3363	881	15	sectors.173	sectors.173	NOUN
cjal-3363	881	16	it	it	PRON
cjal-3363	881	17	thus	thus	ADV
cjal-3363	881	18	does	do	AUX
cjal-3363	881	19	not	not	PART
cjal-3363	881	20	fully	fully	ADV
cjal-3363	881	21	explain	explain	VERB
cjal-3363	881	22	the	the	DET
cjal-3363	881	23	distribution	distribution	NOUN
cjal-3363	881	24	of	of	ADP
cjal-3363	881	25	soes	soe	NOUN
cjal-3363	881	26	173	173	NUM
cjal-3363	881	27	scholars	scholar	NOUN
cjal-3363	881	28	have	have	AUX
cjal-3363	881	29	argued	argue	VERB
cjal-3363	881	30	that	that	SCONJ
cjal-3363	881	31	chinese	chinese	ADJ
cjal-3363	881	32	state	state	NOUN
cjal-3363	881	33	capitalism	capitalism	NOUN
cjal-3363	881	34	is	be	AUX
cjal-3363	881	35	a	a	DET
cjal-3363	881	36	system	system	NOUN
cjal-3363	881	37	highly	highly	ADV
cjal-3363	881	38	similar	similar	ADJ
cjal-3363	881	39	to	to	ADP
cjal-3363	881	40	other	other	ADJ
cjal-3363	881	41	state	state	NOUN
cjal-3363	881	42	capitalism	capitalism	NOUN
cjal-3363	881	43	in	in	ADP
cjal-3363	881	44	both	both	DET
cjal-3363	881	45	0	0	NUM
cjal-3363	881	46	5	5	NUM
cjal-3363	881	47	10	10	NUM
cjal-3363	881	48	lif	lif	NOUN
cjal-3363	881	49	e	e	NOUN
cjal-3363	882	1	p	p	NOUN
cjal-3363	882	2	ro	ro	X
cjal-3363	882	3	p	p	X
cjal-3363	882	4	er	er	INTJ
cjal-3363	882	5	ty	ty	INTJ
cjal-3363	882	6	lif	lif	PROPN
cjal-3363	882	7	e	e	PROPN
cjal-3363	882	8	p	p	NOUN
cjal-3363	882	9	ro	ro	X
cjal-3363	882	10	p	p	X
cjal-3363	882	11	er	er	INTJ
cjal-3363	882	12	ty	ty	INTJ
cjal-3363	882	13	lif	lif	PROPN
cjal-3363	882	14	e	e	PROPN
cjal-3363	882	15	p	p	NOUN
cjal-3363	882	16	ro	ro	X
cjal-3363	882	17	p	p	X
cjal-3363	882	18	er	er	INTJ
cjal-3363	882	19	ty	ty	INTJ
cjal-3363	882	20	lif	lif	PROPN
cjal-3363	882	21	e	e	PROPN
cjal-3363	882	22	p	p	NOUN
cjal-3363	882	23	ro	ro	X
cjal-3363	882	24	p	p	X
cjal-3363	882	25	er	er	INTJ
cjal-3363	882	26	ty	ty	INTJ
cjal-3363	882	27	2012	2012	NUM
cjal-3363	882	28	2013	2013	NUM
cjal-3363	882	29	2014	2014	NUM
cjal-3363	882	30	2015	2015	NUM
cjal-3363	882	31	state	state	NOUN
cjal-3363	882	32	-	-	PUNCT
cjal-3363	882	33	owned	own	VERB
cjal-3363	882	34	insurance	insurance	NOUN
cjal-3363	882	35	companies	company	NOUN
cjal-3363	882	36	other	other	ADJ
cjal-3363	882	37	insurance	insurance	NOUN
cjal-3363	882	38	companies	company	NOUN
cjal-3363	882	39	year	year	VERB
cjal-3363	882	40	n	n	CCONJ
cjal-3363	882	41	u	u	NOUN
cjal-3363	882	42	m	m	NOUN
cjal-3363	882	43	b	b	PROPN
cjal-3363	882	44	e	e	NOUN
cjal-3363	882	45	r	r	NOUN
cjal-3363	882	46	o	o	X
cjal-3363	883	1	f	f	X
cjal-3363	884	1	c	c	NOUN
cjal-3363	884	2	o	o	NOUN
cjal-3363	885	1	m	m	VERB
cjal-3363	885	2	p	p	X
cjal-3363	885	3	la	la	X
cjal-3363	885	4	in	in	ADP
cjal-3363	885	5	ts	ts	ADP
cjal-3363	885	6	2017	2017	NUM
cjal-3363	885	7	]	]	PUNCT
cjal-3363	885	8	state	state	NOUN
cjal-3363	885	9	ownership	ownership	NOUN
cjal-3363	885	10	and	and	CCONJ
cjal-3363	885	11	regulatory	regulatory	ADJ
cjal-3363	885	12	costs	cost	NOUN
cjal-3363	885	13	63	63	NUM
cjal-3363	885	14	across	across	ADP
cjal-3363	885	15	sectors	sector	NOUN
cjal-3363	885	16	.	.	PUNCT
cjal-3363	886	1	china	china	PROPN
cjal-3363	886	2	adopted	adopt	VERB
cjal-3363	886	3	a	a	DET
cjal-3363	886	4	strategy	strategy	NOUN
cjal-3363	886	5	of	of	ADP
cjal-3363	886	6	withdrawing	withdraw	VERB
cjal-3363	886	7	capital	capital	NOUN
cjal-3363	886	8	from	from	ADP
cjal-3363	886	9	many	many	ADJ
cjal-3363	886	10	industries	industry	NOUN
cjal-3363	886	11	,	,	PUNCT
cjal-3363	886	12	allowing	allow	VERB
cjal-3363	886	13	private	private	ADJ
cjal-3363	886	14	enterprises	enterprise	NOUN
cjal-3363	886	15	to	to	PART
cjal-3363	886	16	develop	develop	VERB
cjal-3363	886	17	,	,	PUNCT
cjal-3363	886	18	while	while	SCONJ
cjal-3363	886	19	maintaining	maintain	VERB
cjal-3363	886	20	a	a	DET
cjal-3363	886	21	controlling	control	VERB
cjal-3363	886	22	position	position	NOUN
cjal-3363	886	23	in	in	ADP
cjal-3363	886	24	“	"	PUNCT
cjal-3363	886	25	strategic	strategic	ADJ
cjal-3363	886	26	industries	industry	NOUN
cjal-3363	886	27	,	,	PUNCT
cjal-3363	886	28	”	"	PUNCT
cjal-3363	886	29	including	include	VERB
cjal-3363	886	30	the	the	DET
cjal-3363	886	31	military	military	NOUN
cjal-3363	886	32	,	,	PUNCT
cjal-3363	886	33	electricity	electricity	NOUN
cjal-3363	886	34	,	,	PUNCT
cjal-3363	886	35	oil	oil	NOUN
cjal-3363	886	36	and	and	CCONJ
cjal-3363	886	37	gas	gas	NOUN
cjal-3363	886	38	,	,	PUNCT
cjal-3363	886	39	telecommunication	telecommunication	NOUN
cjal-3363	886	40	,	,	PUNCT
cjal-3363	886	41	coal	coal	NOUN
cjal-3363	886	42	,	,	PUNCT
cjal-3363	886	43	aerospace	aerospace	NOUN
cjal-3363	886	44	and	and	CCONJ
cjal-3363	886	45	shipping	shipping	NOUN
cjal-3363	886	46	industries	industry	NOUN
cjal-3363	886	47	,	,	PUNCT
cjal-3363	886	48	and	and	CCONJ
cjal-3363	886	49	a	a	DET
cjal-3363	886	50	relatively	relatively	ADV
cjal-3363	886	51	strong	strong	ADJ
cjal-3363	886	52	control	control	NOUN
cjal-3363	886	53	in	in	ADP
cjal-3363	886	54	“	"	PUNCT
cjal-3363	886	55	pillar	pillar	NOUN
cjal-3363	886	56	industries	industry	NOUN
cjal-3363	886	57	”	"	PUNCT
cjal-3363	886	58	such	such	ADJ
cjal-3363	886	59	as	as	ADP
cjal-3363	886	60	automobiles.174	automobiles.174	PROPN
cjal-3363	886	61	however	however	ADV
cjal-3363	886	62	,	,	PUNCT
cjal-3363	886	63	political	political	ADJ
cjal-3363	886	64	ideologies	ideology	NOUN
cjal-3363	886	65	have	have	AUX
cjal-3363	886	66	not	not	PART
cjal-3363	886	67	prevented	prevent	VERB
cjal-3363	886	68	china	china	PROPN
cjal-3363	886	69	from	from	ADP
cjal-3363	886	70	making	make	VERB
cjal-3363	886	71	efforts	effort	NOUN
cjal-3363	886	72	to	to	PART
cjal-3363	886	73	introduce	introduce	VERB
cjal-3363	886	74	private	private	ADJ
cjal-3363	886	75	investments	investment	NOUN
cjal-3363	886	76	in	in	ADP
cjal-3363	886	77	these	these	DET
cjal-3363	886	78	strategic	strategic	ADJ
cjal-3363	886	79	and	and	CCONJ
cjal-3363	886	80	pillar	pillar	NOUN
cjal-3363	886	81	industries.175	industries.175	NOUN
cjal-3363	886	82	for	for	ADP
cjal-3363	886	83	example	example	NOUN
cjal-3363	886	84	,	,	PUNCT
cjal-3363	886	85	the	the	DET
cjal-3363	886	86	machinery	machinery	NOUN
cjal-3363	886	87	and	and	CCONJ
cjal-3363	886	88	equipment	equipment	NOUN
cjal-3363	886	89	sector	sector	NOUN
cjal-3363	886	90	is	be	AUX
cjal-3363	886	91	regarded	regard	VERB
cjal-3363	886	92	as	as	ADP
cjal-3363	886	93	a	a	DET
cjal-3363	886	94	pillar	pillar	NOUN
cjal-3363	886	95	sector	sector	NOUN
cjal-3363	886	96	.	.	PUNCT
cjal-3363	887	1	soes	soe	NOUN
cjal-3363	887	2	’	'	PUNCT
cjal-3363	887	3	share	share	NOUN
cjal-3363	887	4	of	of	ADP
cjal-3363	887	5	gross	gross	ADJ
cjal-3363	887	6	output	output	NOUN
cjal-3363	887	7	in	in	ADP
cjal-3363	887	8	this	this	DET
cjal-3363	887	9	sector	sector	NOUN
cjal-3363	887	10	was	be	AUX
cjal-3363	887	11	only	only	ADV
cjal-3363	887	12	about	about	ADV
cjal-3363	887	13	20	20	NUM
cjal-3363	887	14	%	%	NOUN
cjal-3363	887	15	in	in	ADP
cjal-3363	887	16	2009.176	2009.176	NUM
cjal-3363	887	17	more	more	ADV
cjal-3363	887	18	importantly	importantly	ADV
cjal-3363	887	19	,	,	PUNCT
cjal-3363	887	20	in	in	ADP
cjal-3363	887	21	sectors	sector	NOUN
cjal-3363	887	22	not	not	PART
cjal-3363	887	23	considered	consider	VERB
cjal-3363	887	24	as	as	ADP
cjal-3363	887	25	strategic	strategic	ADJ
cjal-3363	887	26	or	or	CCONJ
cjal-3363	887	27	pillar	pillar	NOUN
cjal-3363	887	28	sectors	sector	NOUN
cjal-3363	887	29	,	,	PUNCT
cjal-3363	887	30	such	such	ADJ
cjal-3363	887	31	as	as	ADP
cjal-3363	887	32	water	water	NOUN
cjal-3363	887	33	utilities	utility	NOUN
cjal-3363	887	34	,	,	PUNCT
cjal-3363	887	35	soes	soe	NOUN
cjal-3363	887	36	are	be	AUX
cjal-3363	887	37	still	still	ADV
cjal-3363	887	38	prevalent	prevalent	ADJ
cjal-3363	887	39	.	.	PUNCT
cjal-3363	888	1	another	another	DET
cjal-3363	888	2	explanation	explanation	NOUN
cjal-3363	888	3	is	be	AUX
cjal-3363	888	4	the	the	DET
cjal-3363	888	5	“	"	PUNCT
cjal-3363	888	6	capture	capture	NOUN
cjal-3363	888	7	”	"	PUNCT
cjal-3363	888	8	theory	theory	NOUN
cjal-3363	888	9	.	.	PUNCT
cjal-3363	889	1	soes	soe	NOUN
cjal-3363	889	2	are	be	AUX
cjal-3363	889	3	prevalent	prevalent	ADJ
cjal-3363	889	4	because	because	SCONJ
cjal-3363	889	5	they	they	PRON
cjal-3363	889	6	can	can	AUX
cjal-3363	889	7	obtain	obtain	VERB
cjal-3363	889	8	significant	significant	ADJ
cjal-3363	889	9	subsidies	subsidy	NOUN
cjal-3363	889	10	from	from	ADP
cjal-3363	889	11	the	the	DET
cjal-3363	889	12	chinese	chinese	ADJ
cjal-3363	889	13	government	government	NOUN
cjal-3363	889	14	and	and	CCONJ
cjal-3363	889	15	low	low	ADJ
cjal-3363	889	16	-	-	PUNCT
cjal-3363	889	17	cost	cost	NOUN
cjal-3363	889	18	financing	financing	NOUN
cjal-3363	889	19	from	from	ADP
cjal-3363	889	20	state	state	NOUN
cjal-3363	889	21	-	-	PUNCT
cjal-3363	889	22	owned	own	VERB
cjal-3363	889	23	banks	bank	NOUN
cjal-3363	889	24	,	,	PUNCT
cjal-3363	889	25	which	which	PRON
cjal-3363	889	26	may	may	AUX
cjal-3363	889	27	have	have	AUX
cjal-3363	889	28	enabled	enable	VERB
cjal-3363	889	29	them	they	PRON
cjal-3363	889	30	to	to	PART
cjal-3363	889	31	continue	continue	VERB
cjal-3363	889	32	to	to	PART
cjal-3363	889	33	exist	exist	VERB
cjal-3363	889	34	even	even	ADV
cjal-3363	889	35	though	though	SCONJ
cjal-3363	889	36	they	they	PRON
cjal-3363	889	37	have	have	AUX
cjal-3363	889	38	suffered	suffer	VERB
cjal-3363	889	39	significant	significant	ADJ
cjal-3363	889	40	losses	loss	NOUN
cjal-3363	889	41	.	.	PUNCT
cjal-3363	890	1	177	177	NUM
cjal-3363	890	2	soes	soe	NOUN
cjal-3363	890	3	may	may	AUX
cjal-3363	890	4	also	also	ADV
cjal-3363	890	5	capture	capture	VERB
cjal-3363	890	6	regulators	regulator	NOUN
cjal-3363	890	7	and	and	CCONJ
cjal-3363	890	8	influence	influence	VERB
cjal-3363	890	9	regulatory	regulatory	ADJ
cjal-3363	890	10	rules	rule	NOUN
cjal-3363	890	11	to	to	PART
cjal-3363	890	12	limit	limit	VERB
cjal-3363	890	13	market	market	NOUN
cjal-3363	890	14	competition	competition	NOUN
cjal-3363	890	15	,	,	PUNCT
cjal-3363	890	16	thus	thus	ADV
cjal-3363	890	17	preventing	prevent	VERB
cjal-3363	890	18	private	private	ADJ
cjal-3363	890	19	investors	investor	NOUN
cjal-3363	890	20	from	from	ADP
cjal-3363	890	21	entering	enter	VERB
cjal-3363	890	22	the	the	DET
cjal-3363	890	23	market	market	NOUN
cjal-3363	890	24	and	and	CCONJ
cjal-3363	890	25	creating	create	VERB
cjal-3363	890	26	economic	economic	ADJ
cjal-3363	890	27	rents.178	rents.178	ADJ
cjal-3363	890	28	capture	capture	NOUN
cjal-3363	890	29	is	be	AUX
cjal-3363	890	30	problematic	problematic	ADJ
cjal-3363	890	31	if	if	SCONJ
cjal-3363	890	32	it	it	PRON
cjal-3363	890	33	creates	create	VERB
cjal-3363	890	34	misallocation	misallocation	NOUN
cjal-3363	890	35	of	of	ADP
cjal-3363	890	36	capital	capital	NOUN
cjal-3363	890	37	resources	resource	NOUN
cjal-3363	890	38	or	or	CCONJ
cjal-3363	890	39	if	if	SCONJ
cjal-3363	890	40	it	it	PRON
cjal-3363	890	41	limits	limit	VERB
cjal-3363	890	42	competition	competition	NOUN
cjal-3363	890	43	to	to	PART
cjal-3363	890	44	benefit	benefit	VERB
cjal-3363	890	45	soes	soe	NOUN
cjal-3363	890	46	at	at	ADP
cjal-3363	890	47	the	the	DET
cjal-3363	890	48	expense	expense	NOUN
cjal-3363	890	49	of	of	ADP
cjal-3363	890	50	the	the	DET
cjal-3363	890	51	public.179	public.179	NOUN
cjal-3363	890	52	the	the	DET
cjal-3363	890	53	capture	capture	NOUN
cjal-3363	890	54	theory	theory	NOUN
cjal-3363	890	55	alone	alone	ADV
cjal-3363	890	56	does	do	AUX
cjal-3363	890	57	not	not	PART
cjal-3363	890	58	fully	fully	ADV
cjal-3363	890	59	explain	explain	VERB
cjal-3363	890	60	the	the	DET
cjal-3363	890	61	distribution	distribution	NOUN
cjal-3363	890	62	of	of	ADP
cjal-3363	890	63	soes	soe	NOUN
cjal-3363	890	64	.	.	PUNCT
cjal-3363	891	1	many	many	ADJ
cjal-3363	891	2	soes	soe	NOUN
cjal-3363	891	3	have	have	VERB
cjal-3363	891	4	the	the	DET
cjal-3363	891	5	developed	develop	VERB
cjal-3363	891	6	and	and	CCONJ
cjal-3363	891	7	the	the	DET
cjal-3363	891	8	developing	develop	VERB
cjal-3363	891	9	countries	country	NOUN
cjal-3363	891	10	,	,	PUNCT
cjal-3363	891	11	and	and	CCONJ
cjal-3363	891	12	is	be	AUX
cjal-3363	891	13	different	different	ADJ
cjal-3363	891	14	from	from	ADP
cjal-3363	891	15	the	the	DET
cjal-3363	891	16	state	state	NOUN
cjal-3363	891	17	capitalism	capitalism	NOUN
cjal-3363	891	18	in	in	ADP
cjal-3363	891	19	the	the	DET
cjal-3363	891	20	soviet	soviet	ADJ
cjal-3363	891	21	days	day	NOUN
cjal-3363	891	22	.	.	PUNCT
cjal-3363	892	1	aldo	aldo	PROPN
cjal-3363	892	2	musacchio	musacchio	PROPN
cjal-3363	892	3	,	,	PUNCT
cjal-3363	892	4	&	&	CCONJ
cjal-3363	892	5	sergio	sergio	PROPN
cjal-3363	892	6	g.	g.	PROPN
cjal-3363	892	7	lazzarini	lazzarini	PROPN
cjal-3363	892	8	,	,	PUNCT
cjal-3363	892	9	chinese	chinese	ADJ
cjal-3363	892	10	exceptionalism	exceptionalism	NOUN
cjal-3363	892	11	or	or	CCONJ
cjal-3363	892	12	new	new	ADJ
cjal-3363	892	13	global	global	ADJ
cjal-3363	892	14	varieties	variety	NOUN
cjal-3363	892	15	of	of	ADP
cjal-3363	892	16	state	state	NOUN
cjal-3363	892	17	capitalism	capitalism	NOUN
cjal-3363	892	18	,	,	PUNCT
cjal-3363	892	19	in	in	ADP
cjal-3363	892	20	regulating	regulate	VERB
cjal-3363	892	21	the	the	DET
cjal-3363	892	22	visible	visible	ADJ
cjal-3363	892	23	hand	hand	NOUN
cjal-3363	892	24	?	?	PUNCT
cjal-3363	892	25	:	:	PUNCT
cjal-3363	893	1	the	the	DET
cjal-3363	893	2	institutional	institutional	ADJ
cjal-3363	893	3	implications	implication	NOUN
cjal-3363	893	4	of	of	ADP
cjal-3363	893	5	chinese	chinese	ADJ
cjal-3363	893	6	state	state	NOUN
cjal-3363	893	7	capitalism	capitalism	NOUN
cjal-3363	893	8	(	(	PUNCT
cjal-3363	893	9	benjamin	benjamin	PROPN
cjal-3363	893	10	l.	l.	PROPN
cjal-3363	893	11	liebman	liebman	PROPN
cjal-3363	893	12	&	&	CCONJ
cjal-3363	893	13	curtis	curtis	PROPN
cjal-3363	893	14	j.	j.	PROPN
cjal-3363	893	15	milhaupt	milhaupt	PROPN
cjal-3363	893	16	ed	ed	PROPN
cjal-3363	893	17	.	.	PUNCT
cjal-3363	893	18	)	)	PUNCT
cjal-3363	893	19	404	404	NUM
cjal-3363	893	20	(	(	PUNCT
cjal-3363	893	21	2016	2016	NUM
cjal-3363	893	22	)	)	PUNCT
cjal-3363	893	23	.	.	PUNCT
cjal-3363	894	1	174	174	NUM
cjal-3363	894	2	woguo	woguo	ADV
cjal-3363	894	3	mingque	mingque	ADJ
cjal-3363	894	4	qida	qida	PROPN
cjal-3363	894	5	hangye	hangye	NOUN
cjal-3363	894	6	jiang	jiang	PROPN
cjal-3363	895	1	you	you	PRON
cjal-3363	895	2	guoyou	guoyou	PROPN
cjal-3363	895	3	jingji	jingji	PROPN
cjal-3363	895	4	baochi	baochi	PROPN
cjal-3363	895	5	juedui	juedui	PROPN
cjal-3363	895	6	kongzhili(我国明确七大行业将由	kongzhili(我国明确七大行业将由	PROPN
cjal-3363	896	1	国有经济保持绝对控制力)[the	国有经济保持绝对控制力)[the	DET
cjal-3363	896	2	state	state	NOUN
cjal-3363	896	3	clarifies	clarify	VERB
cjal-3363	896	4	that	that	SCONJ
cjal-3363	896	5	the	the	DET
cjal-3363	896	6	it	it	PRON
cjal-3363	896	7	will	will	AUX
cjal-3363	896	8	control	control	VERB
cjal-3363	896	9	seven	seven	NUM
cjal-3363	896	10	major	major	ADJ
cjal-3363	896	11	industries	industry	NOUN
cjal-3363	896	12	]	]	PUNCT
cjal-3363	896	13	,	,	PUNCT
cjal-3363	896	14	上海证券报	上海证券报	PROPN
cjal-3363	896	15	(	(	PUNCT
cjal-3363	896	16	shanghai	shanghai	PROPN
cjal-3363	896	17	securities	securities	PROPN
cjal-3363	896	18	news	news	PROPN
cjal-3363	896	19	)	)	PUNCT
cjal-3363	896	20	,	,	PUNCT
cjal-3363	896	21	dec	dec	PROPN
cjal-3363	896	22	.	.	PROPN
cjal-3363	896	23	19	19	NUM
cjal-3363	896	24	,	,	PUNCT
cjal-3363	896	25	2006	2006	NUM
cjal-3363	896	26	,	,	PUNCT
cjal-3363	896	27	http://news.xinhuanet.com/fortune/2006-12/19/content_5504591.htm	http://news.xinhuanet.com/fortune/2006-12/19/content_5504591.htm	PROPN
cjal-3363	896	28	.	.	PUNCT
cjal-3363	897	1	175	175	NUM
cjal-3363	897	2	guanyu	guanyu	PROPN
cjal-3363	897	3	guli	guli	PROPN
cjal-3363	897	4	zhichi	zhichi	PROPN
cjal-3363	897	5	he	he	PRON
cjal-3363	897	6	yindao	yindao	AUX
cjal-3363	897	7	geti	geti	PROPN
cjal-3363	897	8	siying	siye	VERB
cjal-3363	897	9	deng	deng	PROPN
cjal-3363	897	10	feigongyougzhi	feigongyougzhi	PROPN
cjal-3363	897	11	jingji	jingji	PROPN
cjal-3363	897	12	fazhan	fazhan	PROPN
cjal-3363	898	1	de	de	X
cjal-3363	898	2	ruogan	ruogan	VERB
cjal-3363	898	3	yijian(关于鼓励	yijian(关于鼓励	ADJ
cjal-3363	898	4	支持和引导个体私营等非公有制经济发展的若干意见)[several	支持和引导个体私营等非公有制经济发展的若干意见)[several	ADJ
cjal-3363	898	5	opinions	opinion	NOUN
cjal-3363	898	6	on	on	ADP
cjal-3363	898	7	encouraging	encouraging	ADJ
cjal-3363	898	8	,	,	PUNCT
cjal-3363	898	9	supporting	support	VERB
cjal-3363	898	10	and	and	CCONJ
cjal-3363	898	11	guiding	guide	VERB
cjal-3363	898	12	the	the	DET
cjal-3363	898	13	development	development	NOUN
cjal-3363	898	14	of	of	ADP
cjal-3363	898	15	individual	individual	ADJ
cjal-3363	898	16	and	and	CCONJ
cjal-3363	898	17	private	private	ADJ
cjal-3363	898	18	economy	economy	NOUN
cjal-3363	898	19	and	and	CCONJ
cjal-3363	898	20	other	other	ADJ
cjal-3363	898	21	non	non	ADJ
cjal-3363	898	22	-	-	ADJ
cjal-3363	898	23	public	public	ADJ
cjal-3363	898	24	sectors	sector	NOUN
cjal-3363	898	25	of	of	ADP
cjal-3363	898	26	the	the	DET
cjal-3363	898	27	economy](promulgated	economy](promulgate	VERB
cjal-3363	898	28	by	by	ADP
cjal-3363	898	29	the	the	DET
cjal-3363	898	30	state	state	PROPN
cjal-3363	898	31	council	council	PROPN
cjal-3363	898	32	,	,	PUNCT
cjal-3363	898	33	feb	feb	PROPN
cjal-3363	898	34	.	.	PROPN
cjal-3363	898	35	19	19	NUM
cjal-3363	898	36	,	,	PUNCT
cjal-3363	898	37	2005	2005	NUM
cjal-3363	898	38	,	,	PUNCT
cjal-3363	898	39	effective	effective	ADJ
cjal-3363	898	40	feb	feb	PROPN
cjal-3363	898	41	.	.	PROPN
cjal-3363	898	42	19	19	NUM
cjal-3363	898	43	,	,	PUNCT
cjal-3363	898	44	2005	2005	NUM
cjal-3363	898	45	)	)	PUNCT
cjal-3363	898	46	.	.	PUNCT
cjal-3363	899	1	the	the	DET
cjal-3363	899	2	pillar	pillar	NOUN
cjal-3363	899	3	industries	industry	NOUN
cjal-3363	899	4	include	include	VERB
cjal-3363	899	5	equipment	equipment	NOUN
cjal-3363	899	6	manufacturing	manufacturing	NOUN
cjal-3363	899	7	,	,	PUNCT
cjal-3363	899	8	automobile	automobile	NOUN
cjal-3363	899	9	,	,	PUNCT
cjal-3363	899	10	information	information	NOUN
cjal-3363	899	11	technology	technology	NOUN
cjal-3363	899	12	,	,	PUNCT
cjal-3363	899	13	construction	construction	NOUN
cjal-3363	899	14	,	,	PUNCT
cjal-3363	899	15	iron	iron	NOUN
cjal-3363	899	16	and	and	CCONJ
cjal-3363	899	17	steel	steel	NOUN
cjal-3363	899	18	,	,	PUNCT
cjal-3363	899	19	non‐ferrous	non‐ferrous	ADJ
cjal-3363	899	20	metals	metal	NOUN
cjal-3363	899	21	,	,	PUNCT
cjal-3363	899	22	chemicals	chemical	NOUN
cjal-3363	899	23	,	,	PUNCT
cjal-3363	899	24	and	and	CCONJ
cjal-3363	899	25	surveying	surveying	NOUN
cjal-3363	899	26	and	and	CCONJ
cjal-3363	899	27	design	design	NOUN
cjal-3363	899	28	.	.	PUNCT
cjal-3363	900	1	see	see	VERB
cjal-3363	900	2	andrew	andrew	PROPN
cjal-3363	900	3	szamosszegi	szamosszegi	PROPN
cjal-3363	900	4	&	&	CCONJ
cjal-3363	900	5	cole	cole	PROPN
cjal-3363	900	6	kyle	kyle	PROPN
cjal-3363	900	7	,	,	PUNCT
cjal-3363	900	8	supra	supra	PROPN
cjal-3363	900	9	note	note	PROPN
cjal-3363	900	10	176	176	NUM
cjal-3363	900	11	,	,	PUNCT
cjal-3363	900	12	at	at	ADP
cjal-3363	900	13	34	34	NUM
cjal-3363	900	14	,	,	PUNCT
cjal-3363	900	15	41	41	NUM
cjal-3363	900	16	.	.	PUNCT
cjal-3363	901	1	176	176	NUM
cjal-3363	901	2	andrew	andrew	PROPN
cjal-3363	901	3	szamosszegi	szamosszegi	PROPN
cjal-3363	901	4	&	&	CCONJ
cjal-3363	901	5	cole	cole	PROPN
cjal-3363	901	6	kyle	kyle	PROPN
cjal-3363	901	7	,	,	PUNCT
cjal-3363	901	8	u.s.-china	u.s.-china	PROPN
cjal-3363	901	9	econ	econ	PROPN
cjal-3363	901	10	.	.	PUNCT
cjal-3363	902	1	security	security	PROPN
cjal-3363	902	2	rev	rev	PROPN
cjal-3363	902	3	.	.	PROPN
cjal-3363	902	4	comm	comm	NOUN
cjal-3363	902	5	.	.	PROPN
cjal-3363	902	6	,	,	PUNCT
cjal-3363	902	7	an	an	DET
cjal-3363	902	8	analysis	analysis	NOUN
cjal-3363	902	9	of	of	ADP
cjal-3363	902	10	stateowned	stateowne	VERB
cjal-3363	902	11	enterprises	enterprise	NOUN
cjal-3363	902	12	and	and	CCONJ
cjal-3363	902	13	state	state	NOUN
cjal-3363	902	14	capitalism	capitalism	NOUN
cjal-3363	902	15	in	in	ADP
cjal-3363	902	16	china	china	PROPN
cjal-3363	902	17	,	,	PUNCT
cjal-3363	902	18	41	41	NUM
cjal-3363	902	19	(	(	PUNCT
cjal-3363	902	20	2011	2011	NUM
cjal-3363	902	21	)	)	PUNCT
cjal-3363	902	22	.	.	PUNCT
cjal-3363	903	1	177	177	NUM
cjal-3363	903	2	see	see	VERB
cjal-3363	903	3	milhaupt	milhaupt	NOUN
cjal-3363	903	4	&	&	CCONJ
cjal-3363	903	5	zheng	zheng	PROPN
cjal-3363	903	6	,	,	PUNCT
cjal-3363	903	7	supra	supra	PROPN
cjal-3363	903	8	note	note	PROPN
cjal-3363	903	9	7	7	NUM
cjal-3363	903	10	,	,	PUNCT
cjal-3363	903	11	at	at	ADP
cjal-3363	903	12	689	689	NUM
cjal-3363	903	13	.	.	PUNCT
cjal-3363	903	14	178	178	NUM
cjal-3363	904	1	i	i	PROPN
cjal-3363	904	2	d	d	PROPN
cjal-3363	904	3	,	,	PUNCT
cjal-3363	904	4	at	at	ADP
cjal-3363	904	5	697	697	NUM
cjal-3363	904	6	(	(	PUNCT
cjal-3363	904	7	identifying	identify	VERB
cjal-3363	904	8	that	that	SCONJ
cjal-3363	904	9	a	a	DET
cjal-3363	904	10	type	type	NOUN
cjal-3363	904	11	of	of	ADP
cjal-3363	904	12	soe	soe	PROPN
cjal-3363	904	13	becomes	becomes	AUX
cjal-3363	904	14	entrenched	entrench	VERB
cjal-3363	904	15	by	by	ADP
cjal-3363	904	16	capturing	capture	VERB
cjal-3363	904	17	the	the	DET
cjal-3363	904	18	state	state	NOUN
cjal-3363	904	19	to	to	PART
cjal-3363	904	20	prevent	prevent	VERB
cjal-3363	904	21	privatization	privatization	NOUN
cjal-3363	904	22	)	)	PUNCT
cjal-3363	904	23	.	.	PUNCT
cjal-3363	905	1	179	179	NUM
cjal-3363	905	2	george	george	PROPN
cjal-3363	905	3	j.	j.	PROPN
cjal-3363	905	4	stigler	stigler	PROPN
cjal-3363	905	5	,	,	PUNCT
cjal-3363	905	6	the	the	DET
cjal-3363	905	7	theory	theory	NOUN
cjal-3363	905	8	of	of	ADP
cjal-3363	905	9	economic	economic	ADJ
cjal-3363	905	10	regulation	regulation	NOUN
cjal-3363	905	11	,	,	PUNCT
cjal-3363	905	12	2	2	NUM
cjal-3363	905	13	bell	bell	NOUN
cjal-3363	905	14	.	.	PUNCT
cjal-3363	906	1	j.	j.	PROPN
cjal-3363	906	2	econ	econ	PROPN
cjal-3363	906	3	.	.	PROPN
cjal-3363	906	4	&	&	CCONJ
cjal-3363	906	5	mgmt	mgmt	PROPN
cjal-3363	906	6	.	.	PUNCT
cjal-3363	907	1	sci	sci	PROPN
cjal-3363	907	2	.	.	PROPN
cjal-3363	907	3	3	3	NUM
cjal-3363	907	4	(	(	PUNCT
cjal-3363	907	5	1971	1971	NUM
cjal-3363	907	6	)	)	PUNCT
cjal-3363	907	7	.	.	PUNCT
cjal-3363	908	1	columbia	columbia	PROPN
cjal-3363	908	2	journal	journal	PROPN
cjal-3363	908	3	of	of	ADP
cjal-3363	908	4	asian	asian	ADJ
cjal-3363	908	5	law	law	NOUN
cjal-3363	909	1	[	[	X
cjal-3363	909	2	vol	vol	NOUN
cjal-3363	909	3	.	.	PUNCT
cjal-3363	910	1	31:1	31:1	NUM
cjal-3363	910	2	64	64	NUM
cjal-3363	910	3	been	be	AUX
cjal-3363	910	4	privatized	privatize	VERB
cjal-3363	910	5	despite	despite	SCONJ
cjal-3363	910	6	their	their	PRON
cjal-3363	910	7	ability	ability	NOUN
cjal-3363	910	8	to	to	PART
cjal-3363	910	9	obtain	obtain	VERB
cjal-3363	910	10	subsidies	subsidy	NOUN
cjal-3363	910	11	and	and	CCONJ
cjal-3363	910	12	access	access	NOUN
cjal-3363	910	13	low	low	ADJ
cjal-3363	910	14	-	-	PUNCT
cjal-3363	910	15	cost	cost	NOUN
cjal-3363	910	16	financing	financing	NOUN
cjal-3363	910	17	.	.	PUNCT
cjal-3363	911	1	moreover	moreover	ADV
cjal-3363	911	2	,	,	PUNCT
cjal-3363	911	3	while	while	SCONJ
cjal-3363	911	4	some	some	DET
cjal-3363	911	5	features	feature	NOUN
cjal-3363	911	6	of	of	ADP
cjal-3363	911	7	soes	soe	NOUN
cjal-3363	911	8	,	,	PUNCT
cjal-3363	911	9	such	such	ADJ
cjal-3363	911	10	as	as	ADP
cjal-3363	911	11	the	the	DET
cjal-3363	911	12	close	close	ADJ
cjal-3363	911	13	connections	connection	NOUN
cjal-3363	911	14	between	between	ADP
cjal-3363	911	15	soes	soe	NOUN
cjal-3363	911	16	managers	manager	NOUN
cjal-3363	911	17	and	and	CCONJ
cjal-3363	911	18	government	government	NOUN
cjal-3363	911	19	officials	official	NOUN
cjal-3363	911	20	,	,	PUNCT
cjal-3363	911	21	may	may	AUX
cjal-3363	911	22	render	render	VERB
cjal-3363	911	23	the	the	DET
cjal-3363	911	24	government	government	NOUN
cjal-3363	911	25	more	more	ADV
cjal-3363	911	26	susceptible	susceptible	ADJ
cjal-3363	911	27	to	to	PART
cjal-3363	911	28	capture	capture	VERB
cjal-3363	911	29	by	by	ADP
cjal-3363	911	30	soes,180	soes,180	PROPN
cjal-3363	911	31	private	private	ADJ
cjal-3363	911	32	firms	firm	NOUN
cjal-3363	911	33	can	can	AUX
cjal-3363	911	34	also	also	ADV
cjal-3363	911	35	capture	capture	VERB
cjal-3363	911	36	the	the	DET
cjal-3363	911	37	government.181	government.181	PROPN
cjal-3363	911	38	private	private	ADJ
cjal-3363	911	39	firms	firm	NOUN
cjal-3363	911	40	also	also	ADV
cjal-3363	911	41	have	have	VERB
cjal-3363	911	42	stronger	strong	ADJ
cjal-3363	911	43	incentives	incentive	NOUN
cjal-3363	911	44	to	to	ADP
cjal-3363	911	45	corrupt	corrupt	ADJ
cjal-3363	911	46	officials	official	NOUN
cjal-3363	911	47	of	of	ADP
cjal-3363	911	48	their	their	PRON
cjal-3363	911	49	regulators	regulator	NOUN
cjal-3363	911	50	compared	compare	VERB
cjal-3363	911	51	with	with	ADP
cjal-3363	911	52	soes	soe	NOUN
cjal-3363	911	53	.	.	PUNCT
cjal-3363	912	1	other	other	ADJ
cjal-3363	912	2	factors	factor	NOUN
cjal-3363	912	3	,	,	PUNCT
cjal-3363	912	4	such	such	ADJ
cjal-3363	912	5	as	as	ADP
cjal-3363	912	6	the	the	DET
cjal-3363	912	7	design	design	NOUN
cjal-3363	912	8	of	of	ADP
cjal-3363	912	9	regulatory	regulatory	ADJ
cjal-3363	912	10	institutions	institution	NOUN
cjal-3363	912	11	,	,	PUNCT
cjal-3363	912	12	the	the	DET
cjal-3363	912	13	allocation	allocation	NOUN
cjal-3363	912	14	of	of	ADP
cjal-3363	912	15	the	the	DET
cjal-3363	912	16	costs	cost	NOUN
cjal-3363	912	17	and	and	CCONJ
cjal-3363	912	18	benefits	benefit	NOUN
cjal-3363	912	19	of	of	ADP
cjal-3363	912	20	regulation	regulation	NOUN
cjal-3363	912	21	,	,	PUNCT
cjal-3363	912	22	and	and	CCONJ
cjal-3363	912	23	the	the	DET
cjal-3363	912	24	regulatory	regulatory	ADJ
cjal-3363	912	25	environment	environment	NOUN
cjal-3363	912	26	,	,	PUNCT
cjal-3363	912	27	may	may	AUX
cjal-3363	912	28	also	also	ADV
cjal-3363	912	29	affect	affect	VERB
cjal-3363	912	30	the	the	DET
cjal-3363	912	31	likelihood	likelihood	NOUN
cjal-3363	912	32	of	of	ADP
cjal-3363	912	33	regulatory	regulatory	ADJ
cjal-3363	912	34	capture.182	capture.182	NOUN
cjal-3363	912	35	it	it	PRON
cjal-3363	912	36	remains	remain	VERB
cjal-3363	912	37	an	an	DET
cjal-3363	912	38	empirical	empirical	ADJ
cjal-3363	912	39	question	question	NOUN
cjal-3363	912	40	whether	whether	SCONJ
cjal-3363	912	41	regulators	regulator	NOUN
cjal-3363	912	42	are	be	AUX
cjal-3363	912	43	more	more	ADV
cjal-3363	912	44	easily	easily	ADV
cjal-3363	912	45	captured	capture	VERB
cjal-3363	912	46	by	by	ADP
cjal-3363	912	47	soes	soe	NOUN
cjal-3363	912	48	.	.	PUNCT
cjal-3363	913	1	one	one	PRON
cjal-3363	913	2	may	may	AUX
cjal-3363	913	3	also	also	ADV
cjal-3363	913	4	think	think	VERB
cjal-3363	913	5	that	that	SCONJ
cjal-3363	913	6	the	the	DET
cjal-3363	913	7	policy	policy	NOUN
cjal-3363	913	8	of	of	ADP
cjal-3363	913	9	“	"	PUNCT
cjal-3363	913	10	grasping	grasp	VERB
cjal-3363	913	11	the	the	DET
cjal-3363	913	12	large	large	ADJ
cjal-3363	913	13	and	and	CCONJ
cjal-3363	913	14	letting	let	VERB
cjal-3363	913	15	go	go	NOUN
cjal-3363	913	16	of	of	ADP
cjal-3363	913	17	the	the	DET
cjal-3363	913	18	small”(抓大放	small”(抓大放	ADJ
cjal-3363	913	19	小	小	NUM
cjal-3363	913	20	)	)	PUNCT
cjal-3363	913	21	led	lead	VERB
cjal-3363	913	22	to	to	ADP
cjal-3363	913	23	current	current	ADJ
cjal-3363	913	24	distribution	distribution	NOUN
cjal-3363	913	25	of	of	ADP
cjal-3363	913	26	soes	soe	NOUN
cjal-3363	913	27	.	.	PUNCT
cjal-3363	914	1	large	large	ADJ
cjal-3363	914	2	soes	soe	NOUN
cjal-3363	914	3	may	may	AUX
cjal-3363	914	4	have	have	VERB
cjal-3363	914	5	stronger	strong	ADJ
cjal-3363	914	6	political	political	ADJ
cjal-3363	914	7	influence	influence	NOUN
cjal-3363	914	8	and	and	CCONJ
cjal-3363	914	9	thus	thus	ADV
cjal-3363	914	10	can	can	AUX
cjal-3363	914	11	more	more	ADV
cjal-3363	914	12	easily	easily	ADV
cjal-3363	914	13	capture	capture	VERB
cjal-3363	914	14	the	the	DET
cjal-3363	914	15	state	state	NOUN
cjal-3363	914	16	.	.	PUNCT
cjal-3363	915	1	however	however	ADV
cjal-3363	915	2	,	,	PUNCT
cjal-3363	915	3	this	this	DET
cjal-3363	915	4	explanation	explanation	NOUN
cjal-3363	915	5	is	be	AUX
cjal-3363	915	6	also	also	ADV
cjal-3363	915	7	incomplete	incomplete	ADJ
cjal-3363	915	8	.	.	PUNCT
cjal-3363	916	1	many	many	ADJ
cjal-3363	916	2	water	water	NOUN
cjal-3363	916	3	utility	utility	NOUN
cjal-3363	916	4	enterprises	enterprise	NOUN
cjal-3363	916	5	are	be	AUX
cjal-3363	916	6	middle	middle	ADJ
cjal-3363	916	7	or	or	CCONJ
cjal-3363	916	8	small	small	ADJ
cjal-3363	916	9	enterprises	enterprise	NOUN
cjal-3363	916	10	.	.	PUNCT
cjal-3363	917	1	their	their	PRON
cjal-3363	917	2	privatization	privatization	NOUN
cjal-3363	917	3	has	have	AUX
cjal-3363	917	4	not	not	PART
cjal-3363	917	5	been	be	AUX
cjal-3363	917	6	successful	successful	ADJ
cjal-3363	917	7	,	,	PUNCT
cjal-3363	917	8	as	as	SCONJ
cjal-3363	917	9	shown	show	VERB
cjal-3363	917	10	above	above	ADV
cjal-3363	917	11	.	.	PUNCT
cjal-3363	918	1	moreover	moreover	ADV
cjal-3363	918	2	,	,	PUNCT
cjal-3363	918	3	statistics	statistic	NOUN
cjal-3363	918	4	show	show	VERB
cjal-3363	918	5	that	that	SCONJ
cjal-3363	918	6	about	about	ADV
cjal-3363	918	7	10	10	NUM
cjal-3363	918	8	-	-	SYM
cjal-3363	918	9	30	30	NUM
cjal-3363	918	10	%	%	NOUN
cjal-3363	918	11	of	of	ADP
cjal-3363	918	12	the	the	DET
cjal-3363	918	13	largest	large	ADJ
cjal-3363	918	14	state	state	NOUN
cjal-3363	918	15	-	-	PUNCT
cjal-3363	918	16	owned	own	VERB
cjal-3363	918	17	enterprises	enterprise	NOUN
cjal-3363	918	18	–	–	PUNCT
cjal-3363	918	19	those	those	PRON
cjal-3363	918	20	at	at	ADP
cjal-3363	918	21	the	the	DET
cjal-3363	918	22	top	top	ADJ
cjal-3363	918	23	decile	decile	NOUN
cjal-3363	918	24	of	of	ADP
cjal-3363	918	25	the	the	DET
cjal-3363	918	26	size	size	NOUN
cjal-3363	918	27	distribution	distribution	NOUN
cjal-3363	918	28	in	in	ADP
cjal-3363	918	29	1998	1998	NUM
cjal-3363	918	30	–	–	PUNCT
cjal-3363	918	31	have	have	AUX
cjal-3363	918	32	been	be	AUX
cjal-3363	918	33	privatized,183	privatized,183	ADJ
cjal-3363	918	34	while	while	SCONJ
cjal-3363	918	35	the	the	DET
cjal-3363	918	36	smallest	small	ADJ
cjal-3363	918	37	stateowned	stateowne	VERB
cjal-3363	918	38	enterprises	enterprise	NOUN
cjal-3363	918	39	are	be	AUX
cjal-3363	918	40	only	only	ADV
cjal-3363	918	41	slightly	slightly	ADV
cjal-3363	918	42	more	more	ADV
cjal-3363	918	43	likely	likely	ADJ
cjal-3363	918	44	(	(	PUNCT
cjal-3363	918	45	30	30	NUM
cjal-3363	918	46	-	-	SYM
cjal-3363	918	47	35	35	NUM
cjal-3363	918	48	%	%	NOUN
cjal-3363	918	49	)	)	PUNCT
cjal-3363	918	50	to	to	PART
cjal-3363	918	51	be	be	AUX
cjal-3363	918	52	privatized	privatize	VERB
cjal-3363	918	53	.	.	PUNCT
cjal-3363	919	1	thus	thus	ADV
cjal-3363	919	2	,	,	PUNCT
cjal-3363	919	3	proponents	proponent	NOUN
cjal-3363	919	4	of	of	ADP
cjal-3363	919	5	the	the	DET
cjal-3363	919	6	capture	capture	NOUN
cjal-3363	919	7	theory	theory	NOUN
cjal-3363	919	8	thus	thus	ADV
cjal-3363	919	9	need	need	VERB
cjal-3363	919	10	to	to	PART
cjal-3363	919	11	further	far	ADV
cjal-3363	919	12	elaborate	elaborate	VERB
cjal-3363	919	13	why	why	SCONJ
cjal-3363	919	14	some	some	DET
cjal-3363	919	15	soes	soe	NOUN
cjal-3363	919	16	have	have	AUX
cjal-3363	919	17	captured	capture	VERB
cjal-3363	919	18	the	the	DET
cjal-3363	919	19	government	government	NOUN
cjal-3363	919	20	to	to	PART
cjal-3363	919	21	prevent	prevent	VERB
cjal-3363	919	22	competition	competition	NOUN
cjal-3363	919	23	while	while	SCONJ
cjal-3363	919	24	others	other	NOUN
cjal-3363	919	25	have	have	VERB
cjal-3363	919	26	not	not	PART
cjal-3363	919	27	.	.	PUNCT
cjal-3363	920	1	one	one	NUM
cjal-3363	920	2	possible	possible	ADJ
cjal-3363	920	3	explanation	explanation	NOUN
cjal-3363	920	4	is	be	AUX
cjal-3363	920	5	that	that	SCONJ
cjal-3363	920	6	some	some	DET
cjal-3363	920	7	soes	soe	NOUN
cjal-3363	920	8	can	can	AUX
cjal-3363	920	9	capture	capture	VERB
cjal-3363	920	10	the	the	DET
cjal-3363	920	11	state	state	NOUN
cjal-3363	920	12	because	because	SCONJ
cjal-3363	920	13	they	they	PRON
cjal-3363	920	14	can	can	AUX
cjal-3363	920	15	help	help	VERB
cjal-3363	920	16	the	the	DET
cjal-3363	920	17	state	state	NOUN
cjal-3363	920	18	regulate	regulate	VERB
cjal-3363	920	19	with	with	ADP
cjal-3363	920	20	less	less	ADJ
cjal-3363	920	21	costs.184	costs.184	NOUN
cjal-3363	920	22	in	in	ADP
cjal-3363	920	23	this	this	DET
cjal-3363	920	24	sense	sense	NOUN
cjal-3363	920	25	,	,	PUNCT
cjal-3363	920	26	the	the	DET
cjal-3363	920	27	capture	capture	NOUN
cjal-3363	920	28	theory	theory	NOUN
cjal-3363	920	29	combined	combine	VERB
cjal-3363	920	30	with	with	ADP
cjal-3363	920	31	considerations	consideration	NOUN
cjal-3363	920	32	of	of	ADP
cjal-3363	920	33	ownership	ownership	NOUN
cjal-3363	920	34	and	and	CCONJ
cjal-3363	920	35	regulatory	regulatory	ADJ
cjal-3363	920	36	costs	cost	NOUN
cjal-3363	920	37	may	may	AUX
cjal-3363	920	38	better	well	ADV
cjal-3363	920	39	explain	explain	VERB
cjal-3363	920	40	the	the	DET
cjal-3363	920	41	distribution	distribution	NOUN
cjal-3363	920	42	of	of	ADP
cjal-3363	920	43	soes	soe	NOUN
cjal-3363	920	44	in	in	ADP
cjal-3363	920	45	china	china	PROPN
cjal-3363	920	46	.	.	PUNCT
cjal-3363	921	1	soes	soe	NOUN
cjal-3363	921	2	that	that	PRON
cjal-3363	921	3	can	can	AUX
cjal-3363	921	4	help	help	VERB
cjal-3363	921	5	fulfill	fulfill	VERB
cjal-3363	921	6	government	government	NOUN
cjal-3363	921	7	goals	goal	NOUN
cjal-3363	921	8	may	may	AUX
cjal-3363	921	9	have	have	VERB
cjal-3363	921	10	a	a	DET
cjal-3363	921	11	higher	high	ADJ
cjal-3363	921	12	chance	chance	NOUN
cjal-3363	921	13	of	of	ADP
cjal-3363	921	14	continuing	continue	VERB
cjal-3363	921	15	to	to	PART
cjal-3363	921	16	be	be	AUX
cjal-3363	921	17	owned	own	VERB
cjal-3363	921	18	by	by	ADP
cjal-3363	921	19	the	the	DET
cjal-3363	921	20	state	state	NOUN
cjal-3363	921	21	.	.	PUNCT
cjal-3363	922	1	the	the	DET
cjal-3363	922	2	chinese	chinese	ADJ
cjal-3363	922	3	government	government	NOUN
cjal-3363	922	4	may	may	AUX
cjal-3363	922	5	have	have	AUX
cjal-3363	922	6	granted	grant	VERB
cjal-3363	922	7	some	some	DET
cjal-3363	922	8	soes	soe	NOUN
cjal-3363	922	9	monopoly	monopoly	NOUN
cjal-3363	922	10	status	status	NOUN
cjal-3363	922	11	to	to	PART
cjal-3363	922	12	extract	extract	VERB
cjal-3363	922	13	economic	economic	ADJ
cjal-3363	922	14	rents	rent	NOUN
cjal-3363	922	15	in	in	ADP
cjal-3363	922	16	return	return	NOUN
cjal-3363	922	17	for	for	ADP
cjal-3363	922	18	their	their	PRON
cjal-3363	922	19	service	service	NOUN
cjal-3363	922	20	in	in	ADP
cjal-3363	922	21	fulfilling	fulfil	VERB
cjal-3363	922	22	regulatory	regulatory	ADJ
cjal-3363	922	23	goals	goal	NOUN
cjal-3363	922	24	.	.	PUNCT
cjal-3363	923	1	whereas	whereas	SCONJ
cjal-3363	923	2	in	in	ADP
cjal-3363	923	3	industries	industry	NOUN
cjal-3363	923	4	where	where	SCONJ
cjal-3363	923	5	soes	soe	NOUN
cjal-3363	923	6	do	do	AUX
cjal-3363	923	7	not	not	PART
cjal-3363	923	8	help	help	VERB
cjal-3363	923	9	achieve	achieve	VERB
cjal-3363	923	10	government	government	NOUN
cjal-3363	923	11	goals	goal	NOUN
cjal-3363	923	12	with	with	ADP
cjal-3363	923	13	less	less	ADJ
cjal-3363	923	14	costs	cost	NOUN
cjal-3363	923	15	,	,	PUNCT
cjal-3363	923	16	soes	soe	NOUN
cjal-3363	923	17	are	be	AUX
cjal-3363	923	18	less	less	ADV
cjal-3363	923	19	likely	likely	ADJ
cjal-3363	923	20	to	to	PART
cjal-3363	923	21	capture	capture	VERB
cjal-3363	923	22	the	the	DET
cjal-3363	923	23	government	government	NOUN
cjal-3363	923	24	and	and	CCONJ
cjal-3363	923	25	more	more	ADV
cjal-3363	923	26	likely	likely	ADJ
cjal-3363	923	27	to	to	PART
cjal-3363	923	28	be	be	AUX
cjal-3363	923	29	180	180	NUM
cjal-3363	923	30	see	see	VERB
cjal-3363	923	31	generally	generally	ADV
cjal-3363	923	32	zheng	zheng	PROPN
cjal-3363	923	33	lei	lei	PROPN
cjal-3363	923	34	,	,	PUNCT
cjal-3363	923	35	benjamin	benjamin	PROPN
cjal-3363	923	36	j.	j.	PROPN
cjal-3363	923	37	liebman	liebman	PROPN
cjal-3363	923	38	,	,	PUNCT
cjal-3363	923	39	&	&	CCONJ
cjal-3363	923	40	curtis	curtis	PROPN
cjal-3363	923	41	j.	j.	PROPN
cjal-3363	923	42	milhaupt	milhaupt	PROPN
cjal-3363	923	43	,	,	PUNCT
cjal-3363	923	44	soes	soe	NOUN
cjal-3363	923	45	and	and	CCONJ
cjal-3363	923	46	state	state	NOUN
cjal-3363	923	47	governance	governance	NOUN
cjal-3363	923	48	:	:	PUNCT
cjal-3363	923	49	how	how	SCONJ
cjal-3363	923	50	state	state	NOUN
cjal-3363	923	51	-	-	PUNCT
cjal-3363	923	52	owned	own	VERB
cjal-3363	923	53	enterprises	enterprise	NOUN
cjal-3363	923	54	influence	influence	VERB
cjal-3363	923	55	china	china	PROPN
cjal-3363	923	56	’s	’s	PART
cjal-3363	923	57	legal	legal	ADJ
cjal-3363	923	58	system	system	NOUN
cjal-3363	923	59	,	,	PUNCT
cjal-3363	923	60	in	in	ADP
cjal-3363	923	61	regulating	regulate	VERB
cjal-3363	923	62	the	the	DET
cjal-3363	923	63	visible	visible	ADJ
cjal-3363	923	64	hand	hand	NOUN
cjal-3363	923	65	?	?	PUNCT
cjal-3363	924	1	:	:	PUNCT
cjal-3363	924	2	the	the	DET
cjal-3363	924	3	institutional	institutional	ADJ
cjal-3363	924	4	implications	implication	NOUN
cjal-3363	924	5	of	of	ADP
cjal-3363	924	6	chinese	chinese	ADJ
cjal-3363	924	7	state	state	NOUN
cjal-3363	924	8	capitalism	capitalism	NOUN
cjal-3363	924	9	(	(	PUNCT
cjal-3363	924	10	benjamin	benjamin	PROPN
cjal-3363	924	11	l.	l.	PROPN
cjal-3363	924	12	liebman	liebman	PROPN
cjal-3363	924	13	&	&	CCONJ
cjal-3363	924	14	curtis	curtis	PROPN
cjal-3363	924	15	j.	j.	PROPN
cjal-3363	924	16	milhaupt	milhaupt	PROPN
cjal-3363	924	17	eds	eds	PROPN
cjal-3363	924	18	.	.	PROPN
cjal-3363	924	19	,	,	PUNCT
cjal-3363	924	20	2016	2016	NUM
cjal-3363	924	21	)	)	PUNCT
cjal-3363	924	22	203	203	NUM
cjal-3363	924	23	-	-	SYM
cjal-3363	924	24	23	23	NUM
cjal-3363	924	25	.	.	PUNCT
cjal-3363	925	1	181	181	NUM
cjal-3363	926	1	i	i	PRON
cjal-3363	926	2	d.	d.	PROPN
cjal-3363	926	3	182	182	NUM
cjal-3363	926	4	mark	mark	PROPN
cjal-3363	926	5	thatcher	thatcher	PROPN
cjal-3363	926	6	,	,	PUNCT
cjal-3363	926	7	regulation	regulation	NOUN
cjal-3363	926	8	after	after	ADP
cjal-3363	926	9	delegation	delegation	NOUN
cjal-3363	926	10	:	:	PUNCT
cjal-3363	926	11	independent	independent	ADJ
cjal-3363	926	12	regulatory	regulatory	ADJ
cjal-3363	926	13	agencies	agency	NOUN
cjal-3363	926	14	in	in	ADP
cjal-3363	926	15	europe	europe	PROPN
cjal-3363	926	16	,	,	PUNCT
cjal-3363	926	17	9	9	NUM
cjal-3363	926	18	j.	j.	PROPN
cjal-3363	926	19	eur	eur	PROPN
cjal-3363	926	20	.	.	PUNCT
cjal-3363	927	1	pub	pub	NOUN
cjal-3363	927	2	.	.	PUNCT
cjal-3363	928	1	pol’y	pol’y	NOUN
cjal-3363	928	2	954	954	NUM
cjal-3363	928	3	,	,	PUNCT
cjal-3363	928	4	958	958	NUM
cjal-3363	928	5	(	(	PUNCT
cjal-3363	928	6	2002	2002	NUM
cjal-3363	928	7	)	)	PUNCT
cjal-3363	928	8	.	.	PUNCT
cjal-3363	929	1	183	183	NUM
cjal-3363	929	2	hsieh	hsieh	PROPN
cjal-3363	929	3	&	&	CCONJ
cjal-3363	929	4	song	song	PROPN
cjal-3363	929	5	,	,	PUNCT
cjal-3363	929	6	supra	supra	PROPN
cjal-3363	929	7	note	note	PROPN
cjal-3363	929	8	18	18	NUM
cjal-3363	929	9	,	,	PUNCT
cjal-3363	929	10	at	at	ADP
cjal-3363	929	11	13	13	NUM
cjal-3363	929	12	.	.	PUNCT
cjal-3363	930	1	184	184	NUM
cjal-3363	930	2	see	see	VERB
cjal-3363	930	3	milhaupt	milhaupt	NOUN
cjal-3363	930	4	&	&	CCONJ
cjal-3363	930	5	zheng	zheng	PROPN
cjal-3363	930	6	,	,	PUNCT
cjal-3363	930	7	supra	supra	PROPN
cjal-3363	930	8	note	note	PROPN
cjal-3363	930	9	7	7	NUM
cjal-3363	930	10	,	,	PUNCT
cjal-3363	930	11	at	at	ADP
cjal-3363	930	12	689	689	NUM
cjal-3363	930	13	(	(	PUNCT
cjal-3363	930	14	“	"	PUNCT
cjal-3363	930	15	the	the	DET
cjal-3363	930	16	formation	formation	NOUN
cjal-3363	930	17	of	of	ADP
cjal-3363	930	18	alliances	alliance	NOUN
cjal-3363	930	19	between	between	ADP
cjal-3363	930	20	business	business	NOUN
cjal-3363	930	21	and	and	CCONJ
cjal-3363	930	22	political	political	ADJ
cjal-3363	930	23	elites	elite	NOUN
cjal-3363	930	24	”	"	PUNCT
cjal-3363	930	25	can	can	AUX
cjal-3363	930	26	“	"	PUNCT
cjal-3363	930	27	engender	engender	VERB
cjal-3363	930	28	convergence	convergence	NOUN
cjal-3363	930	29	between	between	ADP
cjal-3363	930	30	the	the	DET
cjal-3363	930	31	fortunes	fortune	NOUN
cjal-3363	930	32	of	of	ADP
cjal-3363	930	33	a	a	DET
cjal-3363	930	34	specific	specific	ADJ
cjal-3363	930	35	firm	firm	NOUN
cjal-3363	930	36	or	or	CCONJ
cjal-3363	930	37	industry	industry	NOUN
cjal-3363	930	38	and	and	CCONJ
cjal-3363	930	39	the	the	DET
cjal-3363	930	40	government	government	NOUN
cjal-3363	930	41	’s	’s	PART
cjal-3363	930	42	goals	goal	NOUN
cjal-3363	930	43	and	and	CCONJ
cjal-3363	930	44	priorities	priority	NOUN
cjal-3363	930	45	.	.	PUNCT
cjal-3363	930	46	”	"	PUNCT
cjal-3363	930	47	)	)	PUNCT
cjal-3363	930	48	.	.	PUNCT
cjal-3363	931	1	2017	2017	NUM
cjal-3363	931	2	]	]	PUNCT
cjal-3363	931	3	state	state	NOUN
cjal-3363	931	4	ownership	ownership	NOUN
cjal-3363	931	5	and	and	CCONJ
cjal-3363	931	6	regulatory	regulatory	ADJ
cjal-3363	931	7	costs	cost	NOUN
cjal-3363	931	8	65	65	NUM
cjal-3363	931	9	privatized	privatized	ADJ
cjal-3363	931	10	because	because	SCONJ
cjal-3363	931	11	of	of	ADP
cjal-3363	931	12	high	high	ADJ
cjal-3363	931	13	ownership	ownership	NOUN
cjal-3363	931	14	costs	cost	NOUN
cjal-3363	931	15	,	,	PUNCT
cjal-3363	931	16	and	and	CCONJ
cjal-3363	931	17	because	because	SCONJ
cjal-3363	931	18	private	private	ADJ
cjal-3363	931	19	enterprises	enterprise	NOUN
cjal-3363	931	20	can	can	AUX
cjal-3363	931	21	also	also	ADV
cjal-3363	931	22	capture	capture	VERB
cjal-3363	931	23	the	the	DET
cjal-3363	931	24	government	government	NOUN
cjal-3363	931	25	.	.	PUNCT
cjal-3363	932	1	assuming	assume	VERB
cjal-3363	932	2	,	,	PUNCT
cjal-3363	932	3	for	for	ADP
cjal-3363	932	4	the	the	DET
cjal-3363	932	5	sake	sake	NOUN
cjal-3363	932	6	of	of	ADP
cjal-3363	932	7	argument	argument	NOUN
cjal-3363	932	8	,	,	PUNCT
cjal-3363	932	9	that	that	PRON
cjal-3363	932	10	regulatory	regulatory	ADJ
cjal-3363	932	11	capture	capture	NOUN
cjal-3363	932	12	exists	exist	VERB
cjal-3363	932	13	,	,	PUNCT
cjal-3363	932	14	the	the	DET
cjal-3363	932	15	case	case	NOUN
cjal-3363	932	16	studies	study	NOUN
cjal-3363	932	17	in	in	ADP
cjal-3363	932	18	the	the	DET
cjal-3363	932	19	above	above	ADJ
cjal-3363	932	20	sub	sub	NOUN
cjal-3363	932	21	-	-	NOUN
cjal-3363	932	22	sections	section	NOUN
cjal-3363	932	23	still	still	ADV
cjal-3363	932	24	point	point	VERB
cjal-3363	932	25	to	to	ADP
cjal-3363	932	26	the	the	DET
cjal-3363	932	27	influence	influence	NOUN
cjal-3363	932	28	of	of	ADP
cjal-3363	932	29	regulatory	regulatory	ADJ
cjal-3363	932	30	costs	cost	NOUN
cjal-3363	932	31	on	on	ADP
cjal-3363	932	32	privatization	privatization	NOUN
cjal-3363	932	33	.	.	PUNCT
cjal-3363	933	1	in	in	ADP
cjal-3363	933	2	the	the	DET
cjal-3363	933	3	insurance	insurance	NOUN
cjal-3363	933	4	case	case	NOUN
cjal-3363	933	5	study	study	NOUN
cjal-3363	933	6	,	,	PUNCT
cjal-3363	933	7	evidence	evidence	NOUN
cjal-3363	933	8	suggests	suggest	VERB
cjal-3363	933	9	that	that	SCONJ
cjal-3363	933	10	soes	soe	NOUN
cjal-3363	933	11	maintain	maintain	VERB
cjal-3363	933	12	a	a	DET
cjal-3363	933	13	larger	large	ADJ
cjal-3363	933	14	market	market	NOUN
cjal-3363	933	15	share	share	NOUN
cjal-3363	933	16	in	in	ADP
cjal-3363	933	17	those	those	DET
cjal-3363	933	18	sub	sub	NOUN
cjal-3363	933	19	-	-	NOUN
cjal-3363	933	20	sectors	sector	NOUN
cjal-3363	933	21	where	where	SCONJ
cjal-3363	933	22	market	market	NOUN
cjal-3363	933	23	failures	failure	NOUN
cjal-3363	933	24	are	be	AUX
cjal-3363	933	25	more	more	ADV
cjal-3363	933	26	prevalent	prevalent	ADJ
cjal-3363	933	27	.	.	PUNCT
cjal-3363	934	1	by	by	ADP
cjal-3363	934	2	examining	examine	VERB
cjal-3363	934	3	the	the	DET
cjal-3363	934	4	percentage	percentage	NOUN
cjal-3363	934	5	of	of	ADP
cjal-3363	934	6	soes	soe	NOUN
cjal-3363	934	7	across	across	ADP
cjal-3363	934	8	sub	sub	NOUN
cjal-3363	934	9	-	-	NOUN
cjal-3363	934	10	sectors	sector	NOUN
cjal-3363	934	11	,	,	PUNCT
cjal-3363	934	12	we	we	PRON
cjal-3363	934	13	can	can	AUX
cjal-3363	934	14	control	control	VERB
cjal-3363	934	15	for	for	ADP
cjal-3363	934	16	the	the	DET
cjal-3363	934	17	factors	factor	NOUN
cjal-3363	934	18	of	of	ADP
cjal-3363	934	19	subsidies	subsidy	NOUN
cjal-3363	934	20	and	and	CCONJ
cjal-3363	934	21	examine	examine	VERB
cjal-3363	934	22	the	the	DET
cjal-3363	934	23	effect	effect	NOUN
cjal-3363	934	24	of	of	ADP
cjal-3363	934	25	regulation	regulation	NOUN
cjal-3363	934	26	on	on	ADP
cjal-3363	934	27	state	state	NOUN
cjal-3363	934	28	ownership	ownership	NOUN
cjal-3363	934	29	.	.	PUNCT
cjal-3363	935	1	furthermore	furthermore	ADV
cjal-3363	935	2	,	,	PUNCT
cjal-3363	935	3	successful	successful	ADJ
cjal-3363	935	4	privatization	privatization	NOUN
cjal-3363	935	5	of	of	ADP
cjal-3363	935	6	a	a	DET
cjal-3363	935	7	sector	sector	NOUN
cjal-3363	935	8	requires	require	VERB
cjal-3363	935	9	bilateral	bilateral	ADJ
cjal-3363	935	10	decisions	decision	NOUN
cjal-3363	935	11	rather	rather	ADV
cjal-3363	935	12	than	than	ADP
cjal-3363	935	13	a	a	DET
cjal-3363	935	14	unilateral	unilateral	ADJ
cjal-3363	935	15	decision	decision	NOUN
cjal-3363	935	16	made	make	VERB
cjal-3363	935	17	by	by	ADP
cjal-3363	935	18	the	the	DET
cjal-3363	935	19	government	government	NOUN
cjal-3363	935	20	.	.	PUNCT
cjal-3363	936	1	regulatory	regulatory	ADJ
cjal-3363	936	2	costs	cost	NOUN
cjal-3363	936	3	are	be	AUX
cjal-3363	936	4	sometimes	sometimes	ADV
cjal-3363	936	5	borne	bear	VERB
cjal-3363	936	6	by	by	ADP
cjal-3363	936	7	private	private	ADJ
cjal-3363	936	8	parties	party	NOUN
cjal-3363	936	9	,	,	PUNCT
cjal-3363	936	10	which	which	PRON
cjal-3363	936	11	discourages	discourage	VERB
cjal-3363	936	12	private	private	ADJ
cjal-3363	936	13	investments	investment	NOUN
cjal-3363	936	14	,	,	PUNCT
cjal-3363	936	15	as	as	SCONJ
cjal-3363	936	16	the	the	DET
cjal-3363	936	17	case	case	NOUN
cjal-3363	936	18	of	of	ADP
cjal-3363	936	19	water	water	NOUN
cjal-3363	936	20	utilities	utility	NOUN
cjal-3363	936	21	suggests	suggest	VERB
cjal-3363	936	22	.	.	PUNCT
cjal-3363	937	1	thus	thus	ADV
cjal-3363	937	2	,	,	PUNCT
cjal-3363	937	3	overcoming	overcome	VERB
cjal-3363	937	4	the	the	DET
cjal-3363	937	5	barriers	barrier	NOUN
cjal-3363	937	6	of	of	ADP
cjal-3363	937	7	capture	capture	NOUN
cjal-3363	937	8	may	may	AUX
cjal-3363	937	9	be	be	AUX
cjal-3363	937	10	necessary	necessary	ADJ
cjal-3363	937	11	but	but	CCONJ
cjal-3363	937	12	not	not	PART
cjal-3363	937	13	sufficient	sufficient	ADJ
cjal-3363	937	14	for	for	ADP
cjal-3363	937	15	privatization	privatization	NOUN
cjal-3363	937	16	.	.	PUNCT
cjal-3363	938	1	the	the	DET
cjal-3363	938	2	capture	capture	NOUN
cjal-3363	938	3	theory	theory	NOUN
cjal-3363	938	4	still	still	ADV
cjal-3363	938	5	needs	need	VERB
cjal-3363	938	6	to	to	PART
cjal-3363	938	7	be	be	AUX
cjal-3363	938	8	combined	combine	VERB
cjal-3363	938	9	with	with	ADP
cjal-3363	938	10	the	the	DET
cjal-3363	938	11	economic	economic	ADJ
cjal-3363	938	12	analysis	analysis	NOUN
cjal-3363	938	13	to	to	PART
cjal-3363	938	14	provide	provide	VERB
cjal-3363	938	15	a	a	DET
cjal-3363	938	16	full	full	ADJ
cjal-3363	938	17	account	account	NOUN
cjal-3363	938	18	of	of	ADP
cjal-3363	938	19	soes	soe	NOUN
cjal-3363	938	20	.	.	PUNCT
cjal-3363	939	1	another	another	DET
cjal-3363	939	2	common	common	ADJ
cjal-3363	939	3	explanation	explanation	NOUN
cjal-3363	939	4	for	for	ADP
cjal-3363	939	5	the	the	DET
cjal-3363	939	6	prevalence	prevalence	NOUN
cjal-3363	939	7	of	of	ADP
cjal-3363	939	8	soes	soe	NOUN
cjal-3363	939	9	in	in	ADP
cjal-3363	939	10	china	china	PROPN
cjal-3363	939	11	is	be	AUX
cjal-3363	939	12	that	that	SCONJ
cjal-3363	939	13	they	they	PRON
cjal-3363	939	14	address	address	VERB
cjal-3363	939	15	market	market	NOUN
cjal-3363	939	16	failures.185	failures.185	NOUN
cjal-3363	939	17	however	however	ADV
cjal-3363	939	18	,	,	PUNCT
cjal-3363	939	19	state	state	NOUN
cjal-3363	939	20	ownership	ownership	NOUN
cjal-3363	939	21	is	be	AUX
cjal-3363	939	22	not	not	PART
cjal-3363	939	23	the	the	DET
cjal-3363	939	24	only	only	ADJ
cjal-3363	939	25	solution	solution	NOUN
cjal-3363	939	26	to	to	ADP
cjal-3363	939	27	market	market	NOUN
cjal-3363	939	28	failures	failure	NOUN
cjal-3363	939	29	,	,	PUNCT
cjal-3363	939	30	since	since	SCONJ
cjal-3363	939	31	regulation	regulation	NOUN
cjal-3363	939	32	can	can	AUX
cjal-3363	939	33	also	also	ADV
cjal-3363	939	34	achieve	achieve	VERB
cjal-3363	939	35	this	this	DET
cjal-3363	939	36	goal.186	goal.186	NOUN
cjal-3363	939	37	thus	thus	ADV
cjal-3363	939	38	,	,	PUNCT
cjal-3363	939	39	the	the	DET
cjal-3363	939	40	need	need	NOUN
cjal-3363	939	41	to	to	PART
cjal-3363	939	42	address	address	VERB
cjal-3363	939	43	market	market	NOUN
cjal-3363	939	44	failures	failure	NOUN
cjal-3363	939	45	alone	alone	ADV
cjal-3363	939	46	does	do	AUX
cjal-3363	939	47	not	not	PART
cjal-3363	939	48	explain	explain	VERB
cjal-3363	939	49	the	the	DET
cjal-3363	939	50	dominance	dominance	NOUN
cjal-3363	939	51	of	of	ADP
cjal-3363	939	52	soes	soe	NOUN
cjal-3363	939	53	.	.	PUNCT
cjal-3363	940	1	jiahua	jiahua	PROPN
cjal-3363	940	2	che	che	PROPN
cjal-3363	940	3	and	and	CCONJ
cjal-3363	940	4	yingyi	yingyi	PROPN
cjal-3363	940	5	qian	qian	PROPN
cjal-3363	940	6	have	have	AUX
cjal-3363	940	7	offered	offer	VERB
cjal-3363	940	8	an	an	DET
cjal-3363	940	9	insecure	insecure	ADJ
cjal-3363	940	10	property	property	NOUN
cjal-3363	940	11	protection	protection	NOUN
cjal-3363	940	12	explanation	explanation	NOUN
cjal-3363	940	13	to	to	ADP
cjal-3363	940	14	soes	soe	NOUN
cjal-3363	940	15	in	in	ADP
cjal-3363	940	16	china	china	PROPN
cjal-3363	940	17	that	that	PRON
cjal-3363	940	18	is	be	AUX
cjal-3363	940	19	similar	similar	ADJ
cjal-3363	940	20	to	to	ADP
cjal-3363	940	21	the	the	DET
cjal-3363	940	22	thesis	thesis	NOUN
cjal-3363	940	23	presented	present	VERB
cjal-3363	940	24	herein	herein	NOUN
cjal-3363	940	25	.	.	PUNCT
cjal-3363	941	1	they	they	PRON
cjal-3363	941	2	argue	argue	VERB
cjal-3363	941	3	that	that	SCONJ
cjal-3363	941	4	chinese	chinese	ADJ
cjal-3363	941	5	enterprises	enterprise	NOUN
cjal-3363	941	6	owned	own	VERB
cjal-3363	941	7	by	by	ADP
cjal-3363	941	8	local	local	ADJ
cjal-3363	941	9	governments	government	NOUN
cjal-3363	941	10	are	be	AUX
cjal-3363	941	11	superior	superior	ADJ
cjal-3363	941	12	to	to	ADP
cjal-3363	941	13	private	private	ADJ
cjal-3363	941	14	enterprises	enterprise	NOUN
cjal-3363	941	15	in	in	ADP
cjal-3363	941	16	china	china	PROPN
cjal-3363	941	17	because	because	SCONJ
cjal-3363	941	18	they	they	PRON
cjal-3363	941	19	have	have	VERB
cjal-3363	941	20	fewer	few	ADJ
cjal-3363	941	21	incentives	incentive	NOUN
cjal-3363	941	22	to	to	PART
cjal-3363	941	23	hide	hide	VERB
cjal-3363	941	24	their	their	PRON
cjal-3363	941	25	revenue	revenue	NOUN
cjal-3363	941	26	in	in	ADP
cjal-3363	941	27	order	order	NOUN
cjal-3363	941	28	to	to	PART
cjal-3363	941	29	avoid	avoid	VERB
cjal-3363	941	30	taxes	taxis	NOUN
cjal-3363	941	31	,	,	PUNCT
cjal-3363	941	32	and	and	CCONJ
cjal-3363	941	33	they	they	PRON
cjal-3363	941	34	enjoy	enjoy	VERB
cjal-3363	941	35	more	more	ADJ
cjal-3363	941	36	state	state	NOUN
cjal-3363	941	37	protection	protection	NOUN
cjal-3363	941	38	of	of	ADP
cjal-3363	941	39	their	their	PRON
cjal-3363	941	40	property.187	property.187	NOUN
cjal-3363	941	41	however	however	ADV
cjal-3363	941	42	,	,	PUNCT
cjal-3363	941	43	this	this	DET
cjal-3363	941	44	explanation	explanation	NOUN
cjal-3363	941	45	is	be	AUX
cjal-3363	941	46	still	still	ADV
cjal-3363	941	47	incomprehensive	incomprehensive	ADJ
cjal-3363	941	48	.	.	PUNCT
cjal-3363	942	1	one	one	NUM
cjal-3363	942	2	critical	critical	ADJ
cjal-3363	942	3	question	question	NOUN
cjal-3363	942	4	remains	remain	VERB
cjal-3363	942	5	:	:	PUNCT
cjal-3363	942	6	why	why	SCONJ
cjal-3363	942	7	did	do	AUX
cjal-3363	942	8	private	private	ADJ
cjal-3363	942	9	enterprises	enterprise	NOUN
cjal-3363	942	10	develop	develop	VERB
cjal-3363	942	11	more	more	ADJ
cjal-3363	942	12	in	in	ADP
cjal-3363	942	13	some	some	DET
cjal-3363	942	14	industries	industry	NOUN
cjal-3363	942	15	than	than	ADP
cjal-3363	942	16	others	other	NOUN
cjal-3363	942	17	?	?	PUNCT
cjal-3363	943	1	this	this	DET
cjal-3363	943	2	article	article	NOUN
cjal-3363	943	3	argues	argue	VERB
cjal-3363	943	4	that	that	SCONJ
cjal-3363	943	5	185	185	NUM
cjal-3363	943	6	see	see	NOUN
cjal-3363	943	7	e.g.	e.g.	ADV
cjal-3363	943	8	,	,	PUNCT
cjal-3363	943	9	world	world	PROPN
cjal-3363	943	10	bank	bank	PROPN
cjal-3363	943	11	,	,	PUNCT
cjal-3363	943	12	supra	supra	PROPN
cjal-3363	943	13	note	note	PROPN
cjal-3363	943	14	1	1	NUM
cjal-3363	943	15	,	,	PUNCT
cjal-3363	943	16	at	at	ADP
cjal-3363	943	17	36	36	NUM
cjal-3363	943	18	;	;	PUNCT
cjal-3363	943	19	eytan	eytan	NOUN
cjal-3363	943	20	sheshinski	sheshinski	NOUN
cjal-3363	943	21	and	and	CCONJ
cjal-3363	943	22	luis	luis	PROPN
cjal-3363	943	23	f.	f.	PROPN
cjal-3363	943	24	lópez	lópez	PROPN
cjal-3363	943	25	-	-	PUNCT
cjal-3363	943	26	calva	calva	NOUN
cjal-3363	943	27	,	,	PUNCT
cjal-3363	943	28	privatization	privatization	NOUN
cjal-3363	943	29	and	and	CCONJ
cjal-3363	943	30	its	its	PRON
cjal-3363	943	31	benefits	benefit	NOUN
cjal-3363	943	32	:	:	PUNCT
cjal-3363	943	33	theory	theory	NOUN
cjal-3363	943	34	and	and	CCONJ
cjal-3363	943	35	evidence	evidence	NOUN
cjal-3363	943	36	,	,	PUNCT
cjal-3363	944	1	49	49	NUM
cjal-3363	944	2	cesifo	cesifo	PROPN
cjal-3363	944	3	econ	econ	PROPN
cjal-3363	944	4	.	.	PUNCT
cjal-3363	944	5	stud	stud	PROPN
cjal-3363	944	6	.	.	PUNCT
cjal-3363	945	1	429	429	NUM
cjal-3363	945	2	433	433	NUM
cjal-3363	945	3	(	(	PUNCT
cjal-3363	945	4	2003	2003	NUM
cjal-3363	945	5	)	)	PUNCT
cjal-3363	945	6	;	;	PUNCT
cjal-3363	945	7	qian	qian	PROPN
cjal-3363	945	8	yingyi(钱颖一	yingyi(钱颖一	PROPN
cjal-3363	945	9	)	)	PUNCT
cjal-3363	945	10	,	,	PUNCT
cjal-3363	945	11	disanzhong	disanzhong	VERB
cjal-3363	945	12	shijiao	shijiao	PROPN
cjal-3363	945	13	kan	kan	PROPN
cjal-3363	945	14	qiye	qiye	PROPN
cjal-3363	945	15	zhengfu	zhengfu	PROPN
cjal-3363	945	16	suoyouzhi	suoyouzhi	ADJ
cjal-3363	945	17	:	:	PUNCT
cjal-3363	945	18	yizhong	yizhong	PROPN
cjal-3363	945	19	guoduxing	guoduxe	VERB
cjal-3363	945	20	zhidu	zhidu	ADJ
cjal-3363	945	21	anpai(第三种视角看企业政府所有制	anpai(第三种视角看企业政府所有制	PROPN
cjal-3363	945	22	:	:	PUNCT
cjal-3363	945	23	一种过渡性制度	一种过渡性制度	PROPN
cjal-3363	945	24	安排)[a	安排)[a	ADJ
cjal-3363	945	25	third	third	ADJ
cjal-3363	945	26	perspective	perspective	NOUN
cjal-3363	945	27	of	of	ADP
cjal-3363	945	28	the	the	DET
cjal-3363	945	29	state	state	NOUN
cjal-3363	945	30	ownership	ownership	NOUN
cjal-3363	945	31	of	of	ADP
cjal-3363	945	32	enterprise	enterprise	NOUN
cjal-3363	945	33	:	:	PUNCT
cjal-3363	945	34	a	a	DET
cjal-3363	945	35	transitional	transitional	ADJ
cjal-3363	945	36	institutional	institutional	ADJ
cjal-3363	945	37	arrangement	arrangement	NOUN
cjal-3363	945	38	]	]	PUNCT
cjal-3363	945	39	,	,	PUNCT
cjal-3363	945	40	5	5	NUM
cjal-3363	945	41	jingji	jingji	PROPN
cjal-3363	945	42	daokan(经济导刊)[econ	daokan(经济导刊)[econ	PROPN
cjal-3363	945	43	.	.	PUNCT
cjal-3363	946	1	herald	herald	PROPN
cjal-3363	946	2	]	]	PUNCT
cjal-3363	946	3	1	1	NUM
cjal-3363	946	4	(	(	PUNCT
cjal-3363	946	5	2002	2002	NUM
cjal-3363	946	6	)	)	PUNCT
cjal-3363	946	7	;	;	PUNCT
cjal-3363	946	8	william	william	PROPN
cjal-3363	946	9	l.	l.	PROPN
cjal-3363	946	10	megginson	megginson	PROPN
cjal-3363	946	11	and	and	CCONJ
cjal-3363	946	12	jeffry	jeffry	PROPN
cjal-3363	946	13	m.	m.	NOUN
cjal-3363	946	14	netter	netter	PROPN
cjal-3363	946	15	,	,	PUNCT
cjal-3363	946	16	supra	supra	PROPN
cjal-3363	946	17	note	note	NOUN
cjal-3363	946	18	1	1	NUM
cjal-3363	946	19	,	,	PUNCT
cjal-3363	946	20	at	at	ADP
cjal-3363	946	21	329	329	NUM
cjal-3363	946	22	(	(	PUNCT
cjal-3363	946	23	“	"	PUNCT
cjal-3363	946	24	[	[	X
cjal-3363	946	25	a	a	X
cjal-3363	946	26	]	]	X
cjal-3363	946	27	theoretical	theoretical	ADJ
cjal-3363	946	28	argument	argument	NOUN
cjal-3363	946	29	for	for	ADP
cjal-3363	946	30	government	government	NOUN
cjal-3363	946	31	intervention	intervention	NOUN
cjal-3363	946	32	based	base	VERB
cjal-3363	946	33	on	on	ADP
cjal-3363	946	34	efficiency	efficiency	NOUN
cjal-3363	946	35	grounds	ground	NOUN
cjal-3363	946	36	rests	rest	VERB
cjal-3363	946	37	on	on	ADP
cjal-3363	946	38	an	an	DET
cjal-3363	946	39	argument	argument	NOUN
cjal-3363	946	40	that	that	SCONJ
cjal-3363	946	41	markets	market	NOUN
cjal-3363	946	42	have	have	AUX
cjal-3363	946	43	failed	fail	VERB
cjal-3363	946	44	in	in	ADP
cjal-3363	946	45	some	some	DET
cjal-3363	946	46	way	way	NOUN
cjal-3363	946	47	”	"	PUNCT
cjal-3363	946	48	)	)	PUNCT
cjal-3363	946	49	.	.	PUNCT
cjal-3363	947	1	classic	classic	ADJ
cjal-3363	947	2	textbooks	textbook	NOUN
cjal-3363	947	3	on	on	ADP
cjal-3363	947	4	law	law	NOUN
cjal-3363	947	5	and	and	CCONJ
cjal-3363	947	6	economics	economic	NOUN
cjal-3363	947	7	of	of	ADP
cjal-3363	947	8	regulation	regulation	NOUN
cjal-3363	947	9	often	often	ADV
cjal-3363	947	10	list	list	VERB
cjal-3363	947	11	“	"	PUNCT
cjal-3363	947	12	public	public	ADJ
cjal-3363	947	13	enterprise	enterprise	NOUN
cjal-3363	947	14	”	"	PUNCT
cjal-3363	947	15	as	as	ADP
cjal-3363	947	16	one	one	NUM
cjal-3363	947	17	of	of	ADP
cjal-3363	947	18	the	the	DET
cjal-3363	947	19	way	way	NOUN
cjal-3363	947	20	to	to	PART
cjal-3363	947	21	address	address	VERB
cjal-3363	947	22	market	market	NOUN
cjal-3363	947	23	failure	failure	NOUN
cjal-3363	947	24	.	.	PUNCT
cjal-3363	948	1	see	see	VERB
cjal-3363	948	2	w.	w.	PROPN
cjal-3363	948	3	kip	kip	PROPN
cjal-3363	948	4	viscusi	viscusi	PROPN
cjal-3363	948	5	,	,	PUNCT
cjal-3363	948	6	joseph	joseph	PROPN
cjal-3363	948	7	e.	e.	PROPN
cjal-3363	948	8	harrington	harrington	PROPN
cjal-3363	948	9	,	,	PUNCT
cjal-3363	948	10	jr	jr	PROPN
cjal-3363	948	11	.	.	PROPN
cjal-3363	948	12	,	,	PUNCT
cjal-3363	948	13	john	john	PROPN
cjal-3363	948	14	m.	m.	PROPN
cjal-3363	948	15	vernon	vernon	PROPN
cjal-3363	948	16	,	,	PUNCT
cjal-3363	948	17	supra	supra	PROPN
cjal-3363	948	18	note	note	PROPN
cjal-3363	948	19	36	36	NUM
cjal-3363	948	20	,	,	PUNCT
cjal-3363	948	21	at	at	ADP
cjal-3363	948	22	503	503	NUM
cjal-3363	948	23	.	.	PUNCT
cjal-3363	949	1	186	186	NUM
cjal-3363	949	2	curtis	curtis	PROPN
cjal-3363	949	3	j.	j.	PROPN
cjal-3363	949	4	milhaupt	milhaupt	PROPN
cjal-3363	949	5	,	,	PUNCT
cjal-3363	949	6	property	property	NOUN
cjal-3363	949	7	rights	right	NOUN
cjal-3363	949	8	in	in	ADP
cjal-3363	949	9	firms	firm	NOUN
cjal-3363	949	10	,	,	PUNCT
cjal-3363	949	11	84	84	NUM
cjal-3363	949	12	va	va	NOUN
cjal-3363	949	13	.	.	PUNCT
cjal-3363	950	1	l.	l.	PROPN
cjal-3363	950	2	rev	rev	PROPN
cjal-3363	950	3	.	.	PROPN
cjal-3363	950	4	1145	1145	NUM
cjal-3363	950	5	,	,	PUNCT
cjal-3363	950	6	1146	1146	NUM
cjal-3363	950	7	(	(	PUNCT
cjal-3363	950	8	1998	1998	NUM
cjal-3363	950	9	)	)	PUNCT
cjal-3363	950	10	.	.	PUNCT
cjal-3363	951	1	187	187	NUM
cjal-3363	951	2	jiahua	jiahua	PROPN
cjal-3363	951	3	che	che	PROPN
cjal-3363	951	4	and	and	CCONJ
cjal-3363	951	5	yingyi	yingyi	PROPN
cjal-3363	951	6	qian	qian	PROPN
cjal-3363	951	7	,	,	PUNCT
cjal-3363	951	8	insecure	insecure	ADJ
cjal-3363	951	9	property	property	NOUN
cjal-3363	951	10	rights	right	NOUN
cjal-3363	951	11	and	and	CCONJ
cjal-3363	951	12	government	government	NOUN
cjal-3363	951	13	ownership	ownership	NOUN
cjal-3363	951	14	of	of	ADP
cjal-3363	951	15	firms	firm	NOUN
cjal-3363	951	16	,	,	PUNCT
cjal-3363	951	17	113	113	NUM
cjal-3363	951	18	q.	q.	PROPN
cjal-3363	951	19	j.	j.	PROPN
cjal-3363	951	20	econ	econ	PROPN
cjal-3363	951	21	.	.	PROPN
cjal-3363	951	22	467	467	NUM
cjal-3363	951	23	,	,	PUNCT
cjal-3363	951	24	468	468	NUM
cjal-3363	951	25	(	(	PUNCT
cjal-3363	951	26	1998	1998	NUM
cjal-3363	951	27	)	)	PUNCT
cjal-3363	951	28	.	.	PUNCT
cjal-3363	952	1	columbia	columbia	PROPN
cjal-3363	952	2	journal	journal	PROPN
cjal-3363	952	3	of	of	ADP
cjal-3363	952	4	asian	asian	ADJ
cjal-3363	952	5	law	law	NOUN
cjal-3363	953	1	[	[	X
cjal-3363	953	2	vol	vol	NOUN
cjal-3363	953	3	.	.	PUNCT
cjal-3363	954	1	31:1	31:1	NUM
cjal-3363	954	2	66	66	NUM
cjal-3363	954	3	property	property	NOUN
cjal-3363	954	4	protection	protection	NOUN
cjal-3363	954	5	is	be	AUX
cjal-3363	954	6	stronger	strong	ADJ
cjal-3363	954	7	in	in	ADP
cjal-3363	954	8	some	some	DET
cjal-3363	954	9	industries	industry	NOUN
cjal-3363	954	10	than	than	ADP
cjal-3363	954	11	others	other	NOUN
cjal-3363	954	12	.	.	PUNCT
cjal-3363	955	1	in	in	ADP
cjal-3363	955	2	regulated	regulated	ADJ
cjal-3363	955	3	industries	industry	NOUN
cjal-3363	955	4	,	,	PUNCT
cjal-3363	955	5	demarcation	demarcation	NOUN
cjal-3363	955	6	of	of	ADP
cjal-3363	955	7	public	public	ADJ
cjal-3363	955	8	power	power	NOUN
cjal-3363	955	9	and	and	CCONJ
cjal-3363	955	10	private	private	ADJ
cjal-3363	955	11	property	property	NOUN
cjal-3363	955	12	is	be	AUX
cjal-3363	955	13	especially	especially	ADV
cjal-3363	955	14	difficult	difficult	ADJ
cjal-3363	955	15	when	when	SCONJ
cjal-3363	955	16	regulatory	regulatory	ADJ
cjal-3363	955	17	institutions	institution	NOUN
cjal-3363	955	18	are	be	AUX
cjal-3363	955	19	underdeveloped	underdeveloped	ADJ
cjal-3363	955	20	,	,	PUNCT
cjal-3363	955	21	which	which	PRON
cjal-3363	955	22	may	may	AUX
cjal-3363	955	23	create	create	VERB
cjal-3363	955	24	uncertainty	uncertainty	NOUN
cjal-3363	955	25	for	for	ADP
cjal-3363	955	26	private	private	ADJ
cjal-3363	955	27	investment	investment	NOUN
cjal-3363	955	28	,	,	PUNCT
cjal-3363	955	29	and	and	CCONJ
cjal-3363	955	30	hence	hence	ADV
cjal-3363	955	31	reduce	reduce	VERB
cjal-3363	955	32	the	the	DET
cjal-3363	955	33	percentage	percentage	NOUN
cjal-3363	955	34	of	of	ADP
cjal-3363	955	35	private	private	ADJ
cjal-3363	955	36	enterprises	enterprise	NOUN
cjal-3363	955	37	in	in	ADP
cjal-3363	955	38	the	the	DET
cjal-3363	955	39	market	market	NOUN
cjal-3363	955	40	.	.	PUNCT
cjal-3363	956	1	iii	iii	X
cjal-3363	956	2	.	.	PUNCT
cjal-3363	956	3	implications	implication	VERB
cjal-3363	956	4	the	the	DET
cjal-3363	956	5	efficiency	efficiency	NOUN
cjal-3363	956	6	explanation	explanation	NOUN
cjal-3363	956	7	for	for	ADP
cjal-3363	956	8	soes	soe	NOUN
cjal-3363	956	9	in	in	ADP
cjal-3363	956	10	china	china	PROPN
cjal-3363	956	11	proposed	propose	VERB
cjal-3363	956	12	herein	herein	NOUN
cjal-3363	956	13	has	have	VERB
cjal-3363	956	14	several	several	ADJ
cjal-3363	956	15	important	important	ADJ
cjal-3363	956	16	implications	implication	NOUN
cjal-3363	956	17	,	,	PUNCT
cjal-3363	956	18	which	which	PRON
cjal-3363	956	19	will	will	AUX
cjal-3363	956	20	be	be	AUX
cjal-3363	956	21	addressed	address	VERB
cjal-3363	956	22	in	in	ADP
cjal-3363	956	23	this	this	DET
cjal-3363	956	24	section	section	NOUN
cjal-3363	956	25	.	.	PUNCT
cjal-3363	957	1	the	the	DET
cjal-3363	957	2	first	first	ADJ
cjal-3363	957	3	three	three	NUM
cjal-3363	957	4	subsections	subsection	NOUN
cjal-3363	957	5	will	will	AUX
cjal-3363	957	6	provide	provide	VERB
cjal-3363	957	7	practical	practical	ADJ
cjal-3363	957	8	implications	implication	NOUN
cjal-3363	957	9	for	for	ADP
cjal-3363	957	10	china	china	PROPN
cjal-3363	957	11	.	.	PUNCT
cjal-3363	958	1	subsection	subsection	NOUN
cjal-3363	958	2	a	a	PRON
cjal-3363	958	3	argues	argue	VERB
cjal-3363	958	4	that	that	SCONJ
cjal-3363	958	5	,	,	PUNCT
cjal-3363	958	6	in	in	ADP
cjal-3363	958	7	the	the	DET
cjal-3363	958	8	long	long	ADJ
cjal-3363	958	9	run	run	NOUN
cjal-3363	958	10	,	,	PUNCT
cjal-3363	958	11	china	china	PROPN
cjal-3363	958	12	should	should	AUX
cjal-3363	958	13	reduce	reduce	VERB
cjal-3363	958	14	regulatory	regulatory	ADJ
cjal-3363	958	15	costs	cost	NOUN
cjal-3363	958	16	to	to	PART
cjal-3363	958	17	improve	improve	VERB
cjal-3363	958	18	efficiency	efficiency	NOUN
cjal-3363	958	19	.	.	PUNCT
cjal-3363	959	1	subsection	subsection	NOUN
cjal-3363	959	2	b	b	PROPN
cjal-3363	959	3	proposes	propose	VERB
cjal-3363	959	4	that	that	SCONJ
cjal-3363	959	5	in	in	ADP
cjal-3363	959	6	the	the	DET
cjal-3363	959	7	short	short	ADJ
cjal-3363	959	8	run	run	NOUN
cjal-3363	959	9	,	,	PUNCT
cjal-3363	959	10	china	china	PROPN
cjal-3363	959	11	should	should	AUX
cjal-3363	959	12	categorize	categorize	VERB
cjal-3363	959	13	soes	soe	NOUN
cjal-3363	959	14	based	base	VERB
cjal-3363	959	15	on	on	ADP
cjal-3363	959	16	regulatory	regulatory	ADJ
cjal-3363	959	17	costs	cost	NOUN
cjal-3363	959	18	and	and	CCONJ
cjal-3363	959	19	maintain	maintain	VERB
cjal-3363	959	20	state	state	NOUN
cjal-3363	959	21	ownership	ownership	NOUN
cjal-3363	959	22	where	where	SCONJ
cjal-3363	959	23	regulatory	regulatory	ADJ
cjal-3363	959	24	costs	cost	NOUN
cjal-3363	959	25	are	be	AUX
cjal-3363	959	26	high	high	ADJ
cjal-3363	959	27	.	.	PUNCT
cjal-3363	960	1	a.	a.	NOUN
cjal-3363	960	2	improving	improve	VERB
cjal-3363	960	3	the	the	DET
cjal-3363	960	4	regulatory	regulatory	ADJ
cjal-3363	960	5	regime	regime	NOUN
cjal-3363	960	6	one	one	NUM
cjal-3363	960	7	important	important	ADJ
cjal-3363	960	8	type	type	NOUN
cjal-3363	960	9	of	of	ADP
cjal-3363	960	10	regulatory	regulatory	ADJ
cjal-3363	960	11	costs	cost	NOUN
cjal-3363	960	12	is	be	AUX
cjal-3363	960	13	the	the	DET
cjal-3363	960	14	cost	cost	NOUN
cjal-3363	960	15	of	of	ADP
cjal-3363	960	16	opportunistic	opportunistic	ADJ
cjal-3363	960	17	actions	action	NOUN
cjal-3363	960	18	.	.	PUNCT
cjal-3363	961	1	the	the	DET
cjal-3363	961	2	government	government	NOUN
cjal-3363	961	3	may	may	AUX
cjal-3363	961	4	be	be	AUX
cjal-3363	961	5	afraid	afraid	ADJ
cjal-3363	961	6	of	of	ADP
cjal-3363	961	7	losing	lose	VERB
cjal-3363	961	8	control	control	NOUN
cjal-3363	961	9	when	when	SCONJ
cjal-3363	961	10	it	it	PRON
cjal-3363	961	11	is	be	AUX
cjal-3363	961	12	difficult	difficult	ADJ
cjal-3363	961	13	to	to	PART
cjal-3363	961	14	foresee	foresee	VERB
cjal-3363	961	15	future	future	ADJ
cjal-3363	961	16	circumstances	circumstance	NOUN
cjal-3363	961	17	that	that	PRON
cjal-3363	961	18	need	need	VERB
cjal-3363	961	19	regulation	regulation	NOUN
cjal-3363	961	20	.	.	PUNCT
cjal-3363	962	1	as	as	SCONJ
cjal-3363	962	2	regulatory	regulatory	ADJ
cjal-3363	962	3	capacity	capacity	NOUN
cjal-3363	962	4	develops	develop	VERB
cjal-3363	962	5	,	,	PUNCT
cjal-3363	962	6	china	china	PROPN
cjal-3363	962	7	needs	need	VERB
cjal-3363	962	8	to	to	PART
cjal-3363	962	9	establish	establish	VERB
cjal-3363	962	10	legal	legal	ADJ
cjal-3363	962	11	institutions	institution	NOUN
cjal-3363	962	12	that	that	PRON
cjal-3363	962	13	enable	enable	VERB
cjal-3363	962	14	the	the	DET
cjal-3363	962	15	central	central	ADJ
cjal-3363	962	16	and	and	CCONJ
cjal-3363	962	17	local	local	ADJ
cjal-3363	962	18	governments	government	NOUN
cjal-3363	962	19	to	to	PART
cjal-3363	962	20	make	make	VERB
cjal-3363	962	21	credible	credible	ADJ
cjal-3363	962	22	commitments	commitment	NOUN
cjal-3363	962	23	,	,	PUNCT
cjal-3363	962	24	in	in	ADP
cjal-3363	962	25	order	order	NOUN
cjal-3363	962	26	to	to	PART
cjal-3363	962	27	encourage	encourage	VERB
cjal-3363	962	28	private	private	ADJ
cjal-3363	962	29	investment	investment	NOUN
cjal-3363	962	30	.	.	PUNCT
cjal-3363	963	1	this	this	DET
cjal-3363	963	2	sub	sub	NOUN
cjal-3363	963	3	-	-	NOUN
cjal-3363	963	4	section	section	NOUN
cjal-3363	963	5	analyzes	analyze	VERB
cjal-3363	963	6	these	these	DET
cjal-3363	963	7	institutions	institution	NOUN
cjal-3363	963	8	and	and	CCONJ
cjal-3363	963	9	their	their	PRON
cjal-3363	963	10	possible	possible	ADJ
cjal-3363	963	11	application	application	NOUN
cjal-3363	963	12	in	in	ADP
cjal-3363	963	13	china	china	PROPN
cjal-3363	963	14	.	.	PUNCT
cjal-3363	964	1	1	1	X
cjal-3363	964	2	.	.	X
cjal-3363	964	3	administrative	administrative	ADJ
cjal-3363	964	4	law	law	NOUN
cjal-3363	964	5	the	the	DET
cjal-3363	964	6	role	role	NOUN
cjal-3363	964	7	of	of	ADP
cjal-3363	964	8	administrative	administrative	ADJ
cjal-3363	964	9	law	law	NOUN
cjal-3363	964	10	in	in	ADP
cjal-3363	964	11	governing	govern	VERB
cjal-3363	964	12	the	the	DET
cjal-3363	964	13	regulatory	regulatory	ADJ
cjal-3363	964	14	relationship	relationship	NOUN
cjal-3363	964	15	is	be	AUX
cjal-3363	964	16	analogous	analogous	ADJ
cjal-3363	964	17	to	to	ADP
cjal-3363	964	18	the	the	DET
cjal-3363	964	19	roles	role	NOUN
cjal-3363	964	20	played	play	VERB
cjal-3363	964	21	by	by	ADP
cjal-3363	964	22	contract	contract	NOUN
cjal-3363	964	23	and	and	CCONJ
cjal-3363	964	24	property	property	NOUN
cjal-3363	964	25	law	law	NOUN
cjal-3363	964	26	in	in	ADP
cjal-3363	964	27	private	private	ADJ
cjal-3363	964	28	transactions	transaction	NOUN
cjal-3363	964	29	.	.	PUNCT
cjal-3363	965	1	as	as	SCONJ
cjal-3363	965	2	nobel	nobel	PROPN
cjal-3363	965	3	laureate	laureate	PROPN
cjal-3363	965	4	douglass	douglass	PROPN
cjal-3363	965	5	north	north	PROPN
cjal-3363	965	6	points	point	VERB
cjal-3363	965	7	out	out	ADP
cjal-3363	965	8	,	,	PUNCT
cjal-3363	965	9	enforcement	enforcement	NOUN
cjal-3363	965	10	of	of	ADP
cjal-3363	965	11	contracts	contract	NOUN
cjal-3363	965	12	and	and	CCONJ
cjal-3363	965	13	protection	protection	NOUN
cjal-3363	965	14	of	of	ADP
cjal-3363	965	15	private	private	ADJ
cjal-3363	965	16	property	property	NOUN
cjal-3363	965	17	are	be	AUX
cjal-3363	965	18	central	central	ADJ
cjal-3363	965	19	institutions	institution	NOUN
cjal-3363	965	20	to	to	ADP
cjal-3363	965	21	development	development	NOUN
cjal-3363	965	22	.	.	PUNCT
cjal-3363	966	1	188	188	NUM
cjal-3363	966	2	scholars	scholar	NOUN
cjal-3363	966	3	have	have	AUX
cjal-3363	966	4	produced	produce	VERB
cjal-3363	966	5	empirical	empirical	ADJ
cjal-3363	966	6	evidence	evidence	NOUN
cjal-3363	966	7	that	that	PRON
cjal-3363	966	8	contract	contract	VERB
cjal-3363	966	9	188	188	NUM
cjal-3363	966	10	douglass	douglass	PROPN
cjal-3363	966	11	c.	c.	PROPN
cjal-3363	966	12	north	north	PROPN
cjal-3363	966	13	,	,	PUNCT
cjal-3363	966	14	institutions	institution	NOUN
cjal-3363	966	15	,	,	PUNCT
cjal-3363	966	16	institutional	institutional	ADJ
cjal-3363	966	17	change	change	NOUN
cjal-3363	966	18	and	and	CCONJ
cjal-3363	966	19	economic	economic	ADJ
cjal-3363	966	20	performance	performance	NOUN
cjal-3363	966	21	54	54	NUM
cjal-3363	966	22	(	(	PUNCT
cjal-3363	966	23	1990	1990	NUM
cjal-3363	966	24	)	)	PUNCT
cjal-3363	966	25	.	.	PUNCT
cjal-3363	967	1	oliver	oliver	PROPN
cjal-3363	967	2	e.	e.	PROPN
cjal-3363	967	3	williamson	williamson	PROPN
cjal-3363	967	4	,	,	PUNCT
cjal-3363	967	5	the	the	DET
cjal-3363	967	6	economic	economic	ADJ
cjal-3363	967	7	institutions	institution	NOUN
cjal-3363	967	8	of	of	ADP
cjal-3363	967	9	capitalism	capitalism	NOUN
cjal-3363	967	10	2	2	NUM
cjal-3363	967	11	(	(	PUNCT
cjal-3363	967	12	1985	1985	NUM
cjal-3363	967	13	)	)	PUNCT
cjal-3363	967	14	.	.	PUNCT
cjal-3363	968	1	2017	2017	NUM
cjal-3363	968	2	]	]	PUNCT
cjal-3363	968	3	state	state	NOUN
cjal-3363	968	4	ownership	ownership	NOUN
cjal-3363	968	5	and	and	CCONJ
cjal-3363	968	6	regulatory	regulatory	ADJ
cjal-3363	968	7	costs	cost	NOUN
cjal-3363	968	8	67	67	NUM
cjal-3363	968	9	enforcement	enforcement	NOUN
cjal-3363	968	10	affects	affect	VERB
cjal-3363	968	11	financial	financial	ADJ
cjal-3363	968	12	development	development	NOUN
cjal-3363	968	13	,	,	PUNCT
cjal-3363	968	14	which	which	PRON
cjal-3363	968	15	is	be	AUX
cjal-3363	968	16	important	important	ADJ
cjal-3363	968	17	for	for	ADP
cjal-3363	968	18	economic	economic	ADJ
cjal-3363	968	19	development.189	development.189	NOUN
cjal-3363	968	20	similarly	similarly	ADV
cjal-3363	968	21	,	,	PUNCT
cjal-3363	968	22	in	in	ADP
cjal-3363	968	23	regulated	regulated	ADJ
cjal-3363	968	24	industries	industry	NOUN
cjal-3363	968	25	,	,	PUNCT
cjal-3363	968	26	credible	credible	ADJ
cjal-3363	968	27	commitments	commitment	NOUN
cjal-3363	968	28	by	by	ADP
cjal-3363	968	29	the	the	DET
cjal-3363	968	30	state	state	NOUN
cjal-3363	968	31	will	will	AUX
cjal-3363	968	32	encourage	encourage	VERB
cjal-3363	968	33	private	private	ADJ
cjal-3363	968	34	investment	investment	NOUN
cjal-3363	968	35	and	and	CCONJ
cjal-3363	968	36	thus	thus	ADV
cjal-3363	968	37	may	may	AUX
cjal-3363	968	38	boost	boost	VERB
cjal-3363	968	39	development	development	NOUN
cjal-3363	968	40	.	.	PUNCT
cjal-3363	969	1	as	as	SCONJ
cjal-3363	969	2	some	some	DET
cjal-3363	969	3	scholars	scholar	NOUN
cjal-3363	969	4	put	put	VERB
cjal-3363	969	5	it	it	PRON
cjal-3363	969	6	,	,	PUNCT
cjal-3363	969	7	administrative	administrative	ADJ
cjal-3363	969	8	law	law	NOUN
cjal-3363	969	9	aims	aim	VERB
cjal-3363	969	10	to	to	PART
cjal-3363	969	11	fulfill	fulfill	VERB
cjal-3363	969	12	two	two	NUM
cjal-3363	969	13	major	major	ADJ
cjal-3363	969	14	functions	function	NOUN
cjal-3363	969	15	:	:	PUNCT
cjal-3363	969	16	to	to	PART
cjal-3363	969	17	prevent	prevent	VERB
cjal-3363	969	18	the	the	DET
cjal-3363	969	19	abuse	abuse	NOUN
cjal-3363	969	20	of	of	ADP
cjal-3363	969	21	regulatory	regulatory	ADJ
cjal-3363	969	22	power	power	NOUN
cjal-3363	969	23	and	and	CCONJ
cjal-3363	969	24	to	to	PART
cjal-3363	969	25	promote	promote	VERB
cjal-3363	969	26	effective	effective	ADJ
cjal-3363	969	27	regulation.190	regulation.190	NOUN
cjal-3363	969	28	these	these	DET
cjal-3363	969	29	functions	function	NOUN
cjal-3363	969	30	may	may	AUX
cjal-3363	969	31	reduce	reduce	VERB
cjal-3363	969	32	regulatory	regulatory	ADJ
cjal-3363	969	33	costs	cost	NOUN
cjal-3363	969	34	.	.	PUNCT
cjal-3363	970	1	an	an	DET
cjal-3363	970	2	important	important	ADJ
cjal-3363	970	3	task	task	NOUN
cjal-3363	970	4	in	in	ADP
cjal-3363	970	5	the	the	DET
cjal-3363	970	6	judicial	judicial	ADJ
cjal-3363	970	7	review	review	NOUN
cjal-3363	970	8	of	of	ADP
cjal-3363	970	9	administrative	administrative	ADJ
cjal-3363	970	10	actions	action	NOUN
cjal-3363	970	11	is	be	AUX
cjal-3363	970	12	to	to	PART
cjal-3363	970	13	police	police	VERB
cjal-3363	970	14	the	the	DET
cjal-3363	970	15	limits	limit	NOUN
cjal-3363	970	16	set	set	VERB
cjal-3363	970	17	by	by	ADP
cjal-3363	970	18	law	law	NOUN
cjal-3363	970	19	on	on	ADP
cjal-3363	970	20	regulators	regulator	NOUN
cjal-3363	970	21	.	.	PUNCT
cjal-3363	971	1	for	for	ADP
cjal-3363	971	2	example	example	NOUN
cjal-3363	971	3	,	,	PUNCT
cjal-3363	971	4	in	in	ADP
cjal-3363	971	5	most	most	ADJ
cjal-3363	971	6	states	state	NOUN
cjal-3363	971	7	,	,	PUNCT
cjal-3363	971	8	administrative	administrative	ADJ
cjal-3363	971	9	actions	action	NOUN
cjal-3363	971	10	can	can	AUX
cjal-3363	971	11	be	be	AUX
cjal-3363	971	12	overturned	overturn	VERB
cjal-3363	971	13	when	when	SCONJ
cjal-3363	971	14	there	there	PRON
cjal-3363	971	15	is	be	VERB
cjal-3363	971	16	a	a	DET
cjal-3363	971	17	“	"	PUNCT
cjal-3363	971	18	violation	violation	NOUN
cjal-3363	971	19	of	of	ADP
cjal-3363	971	20	the	the	DET
cjal-3363	971	21	law	law	NOUN
cjal-3363	971	22	.	.	PUNCT
cjal-3363	971	23	”191	”191	PUNCT
cjal-3363	972	1	in	in	ADP
cjal-3363	972	2	germany	germany	PROPN
cjal-3363	972	3	and	and	CCONJ
cjal-3363	972	4	the	the	DET
cjal-3363	972	5	united	united	PROPN
cjal-3363	972	6	states	states	PROPN
cjal-3363	972	7	,	,	PUNCT
cjal-3363	972	8	for	for	ADP
cjal-3363	972	9	example	example	NOUN
cjal-3363	972	10	,	,	PUNCT
cjal-3363	972	11	the	the	DET
cjal-3363	972	12	courts	court	NOUN
cjal-3363	972	13	often	often	ADV
cjal-3363	972	14	consider	consider	VERB
cjal-3363	972	15	legitimate	legitimate	ADJ
cjal-3363	972	16	expectations	expectation	NOUN
cjal-3363	972	17	,	,	PUNCT
cjal-3363	972	18	or	or	CCONJ
cjal-3363	972	19	the	the	DET
cjal-3363	972	20	reliance	reliance	NOUN
cjal-3363	972	21	interests	interest	NOUN
cjal-3363	972	22	of	of	ADP
cjal-3363	972	23	the	the	DET
cjal-3363	972	24	private	private	ADJ
cjal-3363	972	25	parties.192	parties.192	NOUN
cjal-3363	972	26	an	an	DET
cjal-3363	972	27	independent	independent	ADJ
cjal-3363	972	28	and	and	CCONJ
cjal-3363	972	29	sophisticated	sophisticated	ADJ
cjal-3363	972	30	court	court	NOUN
cjal-3363	972	31	system	system	NOUN
cjal-3363	972	32	thus	thus	ADV
cjal-3363	972	33	may	may	AUX
cjal-3363	972	34	ensure	ensure	VERB
cjal-3363	972	35	that	that	SCONJ
cjal-3363	972	36	the	the	DET
cjal-3363	972	37	government	government	NOUN
cjal-3363	972	38	complies	comply	VERB
cjal-3363	972	39	with	with	ADP
cjal-3363	972	40	its	its	PRON
cjal-3363	972	41	promises	promise	NOUN
cjal-3363	972	42	,	,	PUNCT
cjal-3363	972	43	and	and	CCONJ
cjal-3363	972	44	may	may	AUX
cjal-3363	972	45	also	also	ADV
cjal-3363	972	46	“	"	PUNCT
cjal-3363	972	47	fill	fill	VERB
cjal-3363	972	48	the	the	DET
cjal-3363	972	49	gap	gap	NOUN
cjal-3363	972	50	”	"	PUNCT
cjal-3363	972	51	of	of	ADP
cjal-3363	972	52	regulatory	regulatory	ADJ
cjal-3363	972	53	rules	rule	NOUN
cjal-3363	972	54	when	when	SCONJ
cjal-3363	972	55	private	private	ADJ
cjal-3363	972	56	parties	party	NOUN
cjal-3363	972	57	exploit	exploit	VERB
cjal-3363	972	58	the	the	DET
cjal-3363	972	59	loopholes	loophole	NOUN
cjal-3363	972	60	in	in	ADP
cjal-3363	972	61	the	the	DET
cjal-3363	972	62	rules	rule	NOUN
cjal-3363	972	63	,	,	PUNCT
cjal-3363	972	64	which	which	PRON
cjal-3363	972	65	may	may	AUX
cjal-3363	972	66	reduce	reduce	VERB
cjal-3363	972	67	the	the	DET
cjal-3363	972	68	need	need	NOUN
cjal-3363	972	69	for	for	ADP
cjal-3363	972	70	devising	devise	VERB
cjal-3363	972	71	a	a	DET
cjal-3363	972	72	detailed	detailed	ADJ
cjal-3363	972	73	regulatory	regulatory	ADJ
cjal-3363	972	74	regime	regime	NOUN
cjal-3363	972	75	.	.	PUNCT
cjal-3363	973	1	currently	currently	ADV
cjal-3363	973	2	,	,	PUNCT
cjal-3363	973	3	local	local	ADJ
cjal-3363	973	4	courts	court	NOUN
cjal-3363	973	5	in	in	ADP
cjal-3363	973	6	china	china	PROPN
cjal-3363	973	7	are	be	AUX
cjal-3363	973	8	still	still	ADV
cjal-3363	973	9	tightly	tightly	ADV
cjal-3363	973	10	controlled	control	VERB
cjal-3363	973	11	by	by	ADP
cjal-3363	973	12	local	local	ADJ
cjal-3363	973	13	governments	government	NOUN
cjal-3363	973	14	.	.	PUNCT
cjal-3363	974	1	this	this	DET
cjal-3363	974	2	approach	approach	NOUN
cjal-3363	974	3	may	may	AUX
cjal-3363	974	4	not	not	PART
cjal-3363	974	5	work	work	VERB
cjal-3363	974	6	unless	unless	SCONJ
cjal-3363	974	7	the	the	DET
cjal-3363	974	8	judicial	judicial	ADJ
cjal-3363	974	9	system	system	NOUN
cjal-3363	974	10	is	be	AUX
cjal-3363	974	11	reformed	reform	VERB
cjal-3363	974	12	.	.	PUNCT
cjal-3363	975	1	2	2	X
cjal-3363	975	2	.	.	X
cjal-3363	975	3	independent	independent	ADJ
cjal-3363	975	4	agency	agency	NOUN
cjal-3363	975	5	regulatory	regulatory	ADJ
cjal-3363	975	6	costs	cost	NOUN
cjal-3363	975	7	also	also	ADV
cjal-3363	975	8	depend	depend	VERB
cjal-3363	975	9	on	on	ADP
cjal-3363	975	10	the	the	DET
cjal-3363	975	11	institutional	institutional	ADJ
cjal-3363	975	12	design	design	NOUN
cjal-3363	975	13	of	of	ADP
cjal-3363	975	14	the	the	DET
cjal-3363	975	15	regulator	regulator	NOUN
cjal-3363	975	16	.	.	PUNCT
cjal-3363	976	1	the	the	DET
cjal-3363	976	2	united	united	PROPN
cjal-3363	976	3	states	states	PROPN
cjal-3363	976	4	has	have	AUX
cjal-3363	976	5	established	establish	VERB
cjal-3363	976	6	some	some	DET
cjal-3363	976	7	independent	independent	ADJ
cjal-3363	976	8	agencies	agency	NOUN
cjal-3363	976	9	to	to	PART
cjal-3363	976	10	carry	carry	VERB
cjal-3363	976	11	out	out	ADP
cjal-3363	976	12	regulation	regulation	NOUN
cjal-3363	976	13	,	,	PUNCT
cjal-3363	976	14	granting	grant	VERB
cjal-3363	976	15	them	they	PRON
cjal-3363	976	16	some	some	DET
cjal-3363	976	17	legislative	legislative	ADJ
cjal-3363	976	18	and	and	CCONJ
cjal-3363	976	19	adjudicatory	adjudicatory	NOUN
cjal-3363	976	20	power	power	NOUN
cjal-3363	976	21	.	.	PUNCT
cjal-3363	977	1	they	they	PRON
cjal-3363	977	2	are	be	AUX
cjal-3363	977	3	independent	independent	ADJ
cjal-3363	977	4	both	both	CCONJ
cjal-3363	977	5	from	from	ADP
cjal-3363	977	6	“	"	PUNCT
cjal-3363	977	7	above	above	ADV
cjal-3363	977	8	”	"	PUNCT
cjal-3363	977	9	(	(	PUNCT
cjal-3363	977	10	the	the	DET
cjal-3363	977	11	political	political	ADJ
cjal-3363	977	12	branches	branch	NOUN
cjal-3363	977	13	)	)	PUNCT
cjal-3363	977	14	,	,	PUNCT
cjal-3363	977	15	and	and	CCONJ
cjal-3363	977	16	from	from	ADP
cjal-3363	977	17	“	"	PUNCT
cjal-3363	977	18	below	below	ADV
cjal-3363	977	19	”	"	PUNCT
cjal-3363	977	20	(	(	PUNCT
cjal-3363	977	21	the	the	DET
cjal-3363	977	22	regulated	regulate	VERB
cjal-3363	977	23	enterprises	enterprise	NOUN
cjal-3363	977	24	)	)	PUNCT
cjal-3363	977	25	,	,	PUNCT
cjal-3363	977	26	193	193	NUM
cjal-3363	977	27	although	although	SCONJ
cjal-3363	977	28	the	the	DET
cjal-3363	977	29	de	de	X
cjal-3363	977	30	facto	facto	X
cjal-3363	977	31	independence	independence	NOUN
cjal-3363	977	32	is	be	AUX
cjal-3363	977	33	contested.194	contested.194	PROPN
cjal-3363	977	34	if	if	SCONJ
cjal-3363	977	35	189	189	NUM
cjal-3363	977	36	michael	michael	PROPN
cjal-3363	977	37	trebilcock	trebilcock	PROPN
cjal-3363	977	38	&	&	CCONJ
cjal-3363	977	39	jing	jing	PROPN
cjal-3363	977	40	leng	leng	PROPN
cjal-3363	977	41	,	,	PUNCT
cjal-3363	977	42	the	the	DET
cjal-3363	977	43	role	role	NOUN
cjal-3363	977	44	of	of	ADP
cjal-3363	977	45	formal	formal	ADJ
cjal-3363	977	46	contract	contract	NOUN
cjal-3363	977	47	law	law	NOUN
cjal-3363	977	48	and	and	CCONJ
cjal-3363	977	49	enforcement	enforcement	NOUN
cjal-3363	977	50	in	in	ADP
cjal-3363	977	51	economic	economic	ADJ
cjal-3363	977	52	development	development	NOUN
cjal-3363	977	53	,	,	PUNCT
cjal-3363	977	54	92	92	NUM
cjal-3363	977	55	va	va	NOUN
cjal-3363	977	56	.	.	PUNCT
cjal-3363	977	57	l.	l.	PROPN
cjal-3363	977	58	rev	rev	PROPN
cjal-3363	977	59	.	.	PROPN
cjal-3363	977	60	1517	1517	NUM
cjal-3363	977	61	,	,	PUNCT
cjal-3363	977	62	at	at	ADP
cjal-3363	977	63	1527	1527	NUM
cjal-3363	977	64	(	(	PUNCT
cjal-3363	977	65	2006	2006	NUM
cjal-3363	977	66	)	)	PUNCT
cjal-3363	977	67	.	.	PUNCT
cjal-3363	978	1	190	190	NUM
cjal-3363	978	2	daniel	daniel	PROPN
cjal-3363	978	3	b.	b.	PROPN
cjal-3363	978	4	rodriquez	rodriquez	PROPN
cjal-3363	978	5	,	,	PUNCT
cjal-3363	978	6	administrative	administrative	ADJ
cjal-3363	978	7	law	law	NOUN
cjal-3363	978	8	,	,	PUNCT
cjal-3363	978	9	in	in	ADP
cjal-3363	978	10	oxford	oxford	PROPN
cjal-3363	978	11	handbook	handbook	NOUN
cjal-3363	978	12	of	of	ADP
cjal-3363	978	13	law	law	NOUN
cjal-3363	978	14	and	and	CCONJ
cjal-3363	978	15	politics	politic	NOUN
cjal-3363	978	16	340	340	NUM
cjal-3363	978	17	,	,	PUNCT
cjal-3363	978	18	340	340	NUM
cjal-3363	978	19	-	-	SYM
cjal-3363	978	20	41	41	NUM
cjal-3363	978	21	(	(	PUNCT
cjal-3363	978	22	keith	keith	PROPN
cjal-3363	978	23	e.	e.	PROPN
cjal-3363	978	24	whittington	whittington	PROPN
cjal-3363	978	25	,	,	PUNCT
cjal-3363	978	26	r.	r.	PROPN
cjal-3363	978	27	daniel	daniel	PROPN
cjal-3363	978	28	kelemen	kelemen	PROPN
cjal-3363	978	29	,	,	PUNCT
cjal-3363	978	30	and	and	CCONJ
cjal-3363	978	31	gregory	gregory	PROPN
cjal-3363	978	32	a.	a.	PROPN
cjal-3363	978	33	caldeira	caldeira	PROPN
cjal-3363	978	34	,	,	PUNCT
cjal-3363	978	35	eds	eds	PROPN
cjal-3363	978	36	.	.	PROPN
cjal-3363	978	37	,	,	PUNCT
cjal-3363	978	38	2008	2008	NUM
cjal-3363	978	39	)	)	PUNCT
cjal-3363	978	40	;	;	PUNCT
cjal-3363	978	41	jerry	jerry	PROPN
cjal-3363	978	42	l.	l.	PROPN
cjal-3363	978	43	mashaw	mashaw	PROPN
cjal-3363	978	44	,	,	PUNCT
cjal-3363	978	45	explaining	explain	VERB
cjal-3363	978	46	administrative	administrative	ADJ
cjal-3363	978	47	law	law	NOUN
cjal-3363	978	48	:	:	PUNCT
cjal-3363	978	49	reflections	reflection	NOUN
cjal-3363	978	50	on	on	ADP
cjal-3363	978	51	federal	federal	ADJ
cjal-3363	978	52	administrative	administrative	ADJ
cjal-3363	978	53	law	law	NOUN
cjal-3363	978	54	in	in	ADP
cjal-3363	978	55	nineteenth	nineteenth	PROPN
cjal-3363	978	56	century	century	PROPN
cjal-3363	978	57	america	america	PROPN
cjal-3363	978	58	,	,	PUNCT
cjal-3363	978	59	in	in	ADP
cjal-3363	978	60	comparative	comparative	ADJ
cjal-3363	978	61	administrative	administrative	ADJ
cjal-3363	978	62	law	law	NOUN
cjal-3363	978	63	37	37	NUM
cjal-3363	978	64	,	,	PUNCT
cjal-3363	978	65	44	44	NUM
cjal-3363	978	66	(	(	PUNCT
cjal-3363	978	67	susan	susan	PROPN
cjal-3363	978	68	rose	rose	PROPN
cjal-3363	978	69	-	-	PUNCT
cjal-3363	978	70	ackerman	ackerman	PROPN
cjal-3363	978	71	and	and	CCONJ
cjal-3363	978	72	peter	peter	PROPN
cjal-3363	978	73	l.	l.	PROPN
cjal-3363	978	74	lindseth	lindseth	PROPN
cjal-3363	978	75	eds	eds	PROPN
cjal-3363	978	76	.	.	PROPN
cjal-3363	978	77	,	,	PUNCT
cjal-3363	978	78	2010	2010	NUM
cjal-3363	978	79	)	)	PUNCT
cjal-3363	978	80	.	.	PUNCT
cjal-3363	979	1	191	191	NUM
cjal-3363	979	2	see	see	VERB
cjal-3363	979	3	benado	benado	PROPN
cjal-3363	979	4	sordi	sordi	PROPN
cjal-3363	979	5	,	,	PUNCT
cjal-3363	979	6	revolution	revolution	NOUN
cjal-3363	979	7	,	,	PUNCT
cjal-3363	979	8	rechtsstaat	rechtsstaat	NOUN
cjal-3363	979	9	,	,	PUNCT
cjal-3363	979	10	and	and	CCONJ
cjal-3363	979	11	the	the	DET
cjal-3363	979	12	rule	rule	NOUN
cjal-3363	979	13	of	of	ADP
cjal-3363	979	14	law	law	NOUN
cjal-3363	979	15	:	:	PUNCT
cjal-3363	979	16	historical	historical	ADJ
cjal-3363	979	17	reflections	reflection	NOUN
cjal-3363	979	18	on	on	ADP
cjal-3363	979	19	the	the	DET
cjal-3363	979	20	emergence	emergence	NOUN
cjal-3363	979	21	of	of	ADP
cjal-3363	979	22	administrative	administrative	ADJ
cjal-3363	979	23	law	law	NOUN
cjal-3363	979	24	in	in	ADP
cjal-3363	979	25	europe	europe	PROPN
cjal-3363	979	26	,	,	PUNCT
cjal-3363	979	27	in	in	ADP
cjal-3363	979	28	comparative	comparative	ADJ
cjal-3363	979	29	administrative	administrative	ADJ
cjal-3363	979	30	law	law	NOUN
cjal-3363	979	31	23	23	NUM
cjal-3363	979	32	,	,	PUNCT
cjal-3363	979	33	30	30	NUM
cjal-3363	979	34	(	(	PUNCT
cjal-3363	979	35	susan	susan	PROPN
cjal-3363	979	36	rose	rose	PROPN
cjal-3363	979	37	-	-	PUNCT
cjal-3363	979	38	ackerman	ackerman	PROPN
cjal-3363	979	39	&	&	CCONJ
cjal-3363	979	40	peter	peter	PROPN
cjal-3363	979	41	l.	l.	PROPN
cjal-3363	979	42	lindseth	lindseth	PROPN
cjal-3363	979	43	eds	eds	PROPN
cjal-3363	979	44	.	.	PROPN
cjal-3363	979	45	,	,	PUNCT
cjal-3363	979	46	2010	2010	NUM
cjal-3363	979	47	)	)	PUNCT
cjal-3363	979	48	.	.	PUNCT
cjal-3363	980	1	192	192	NUM
cjal-3363	980	2	see	see	VERB
cjal-3363	980	3	also	also	ADV
cjal-3363	980	4	metwest	metwest	PROPN
cjal-3363	980	5	inc	inc	PROPN
cjal-3363	980	6	.	.	PROPN
cjal-3363	981	1	v.	v.	ADP
cjal-3363	981	2	secretary	secretary	PROPN
cjal-3363	981	3	of	of	ADP
cjal-3363	981	4	labor	labor	NOUN
cjal-3363	981	5	,	,	PUNCT
cjal-3363	981	6	560	560	NUM
cjal-3363	981	7	f.3d	f.3d	NUM
cjal-3363	981	8	506	506	NUM
cjal-3363	981	9	(	(	PUNCT
cjal-3363	981	10	2009	2009	NUM
cjal-3363	981	11	)	)	PUNCT
cjal-3363	981	12	.	.	PUNCT
cjal-3363	982	1	n.l.r.b	n.l.r.b	PROPN
cjal-3363	982	2	.	.	PROPN
cjal-3363	982	3	v.	v.	ADP
cjal-3363	982	4	bell	bell	PROPN
cjal-3363	982	5	aerospace	aerospace	PROPN
cjal-3363	982	6	co.	co.	PROPN
cjal-3363	982	7	div	div	PROPN
cjal-3363	982	8	.	.	PROPN
cjal-3363	982	9	of	of	ADP
cjal-3363	982	10	textron	textron	PROPN
cjal-3363	982	11	,	,	PUNCT
cjal-3363	982	12	416	416	NUM
cjal-3363	982	13	u.s	u.s	PROPN
cjal-3363	982	14	.	.	PROPN
cjal-3363	982	15	267	267	NUM
cjal-3363	982	16	,	,	PUNCT
cjal-3363	982	17	295	295	NUM
cjal-3363	982	18	(	(	PUNCT
cjal-3363	982	19	1974	1974	NUM
cjal-3363	982	20	)	)	PUNCT
cjal-3363	982	21	.	.	PUNCT
cjal-3363	983	1	193	193	NUM
cjal-3363	983	2	halberstam	halberstam	NOUN
cjal-3363	983	3	,	,	PUNCT
cjal-3363	983	4	supra	supra	PROPN
cjal-3363	983	5	note	note	NOUN
cjal-3363	983	6	190	190	NUM
cjal-3363	983	7	at	at	ADP
cjal-3363	983	8	191	191	NUM
cjal-3363	983	9	.	.	PUNCT
cjal-3363	983	10	194	194	NUM
cjal-3363	983	11	see	see	VERB
cjal-3363	983	12	adrian	adrian	PROPN
cjal-3363	983	13	vermeule	vermeule	NOUN
cjal-3363	983	14	,	,	PUNCT
cjal-3363	983	15	conventions	convention	NOUN
cjal-3363	983	16	of	of	ADP
cjal-3363	983	17	agency	agency	NOUN
cjal-3363	983	18	independence	independence	NOUN
cjal-3363	983	19	,	,	PUNCT
cjal-3363	983	20	113	113	NUM
cjal-3363	983	21	colum	colum	NOUN
cjal-3363	983	22	.	.	PUNCT
cjal-3363	984	1	l.	l.	PROPN
cjal-3363	984	2	rev	rev	PROPN
cjal-3363	984	3	.	.	PROPN
cjal-3363	984	4	1163	1163	NUM
cjal-3363	984	5	.	.	PUNCT
cjal-3363	985	1	columbia	columbia	PROPN
cjal-3363	985	2	journal	journal	PROPN
cjal-3363	985	3	of	of	ADP
cjal-3363	985	4	asian	asian	ADJ
cjal-3363	985	5	law	law	NOUN
cjal-3363	986	1	[	[	X
cjal-3363	986	2	vol	vol	NOUN
cjal-3363	986	3	.	.	PUNCT
cjal-3363	987	1	31:1	31:1	NUM
cjal-3363	987	2	68	68	NUM
cjal-3363	987	3	the	the	DET
cjal-3363	987	4	links	link	NOUN
cjal-3363	987	5	between	between	ADP
cjal-3363	987	6	independent	independent	ADJ
cjal-3363	987	7	agencies	agency	NOUN
cjal-3363	987	8	and	and	CCONJ
cjal-3363	987	9	the	the	DET
cjal-3363	987	10	political	political	ADJ
cjal-3363	987	11	branch	branch	NOUN
cjal-3363	987	12	are	be	AUX
cjal-3363	987	13	cut	cut	VERB
cjal-3363	987	14	off	off	ADP
cjal-3363	987	15	,	,	PUNCT
cjal-3363	987	16	agencies	agency	NOUN
cjal-3363	987	17	can	can	AUX
cjal-3363	987	18	exercise	exercise	VERB
cjal-3363	987	19	their	their	PRON
cjal-3363	987	20	regulatory	regulatory	ADJ
cjal-3363	987	21	power	power	NOUN
cjal-3363	987	22	without	without	ADP
cjal-3363	987	23	being	be	AUX
cjal-3363	987	24	subject	subject	ADJ
cjal-3363	987	25	to	to	ADP
cjal-3363	987	26	political	political	ADJ
cjal-3363	987	27	pressures.195	pressures.195	NOUN
cjal-3363	987	28	independent	independent	ADJ
cjal-3363	987	29	agencies	agency	NOUN
cjal-3363	987	30	thus	thus	ADV
cjal-3363	987	31	serve	serve	VERB
cjal-3363	987	32	the	the	DET
cjal-3363	987	33	important	important	ADJ
cjal-3363	987	34	function	function	NOUN
cjal-3363	987	35	of	of	ADP
cjal-3363	987	36	allowing	allow	VERB
cjal-3363	987	37	governments	government	NOUN
cjal-3363	987	38	to	to	PART
cjal-3363	987	39	make	make	VERB
cjal-3363	987	40	credible	credible	ADJ
cjal-3363	987	41	commitments.196	commitments.196	NOUN
cjal-3363	987	42	while	while	SCONJ
cjal-3363	987	43	independent	independent	ADJ
cjal-3363	987	44	agencies	agency	NOUN
cjal-3363	987	45	are	be	AUX
cjal-3363	987	46	most	most	ADV
cjal-3363	987	47	prevalent	prevalent	ADJ
cjal-3363	987	48	in	in	ADP
cjal-3363	987	49	the	the	DET
cjal-3363	987	50	united	united	PROPN
cjal-3363	987	51	states	states	PROPN
cjal-3363	987	52	,	,	PUNCT
cjal-3363	987	53	some	some	DET
cjal-3363	987	54	european	european	ADJ
cjal-3363	987	55	countries	country	NOUN
cjal-3363	987	56	have	have	AUX
cjal-3363	987	57	also	also	ADV
cjal-3363	987	58	adopted	adopt	VERB
cjal-3363	987	59	independent	independent	ADJ
cjal-3363	987	60	agencies	agency	NOUN
cjal-3363	987	61	after	after	ADP
cjal-3363	987	62	partially	partially	ADV
cjal-3363	987	63	privatizing	privatize	VERB
cjal-3363	987	64	soes.197	soes.197	NOUN
cjal-3363	987	65	china	china	PROPN
cjal-3363	987	66	has	have	AUX
cjal-3363	987	67	not	not	PART
cjal-3363	987	68	established	establish	VERB
cjal-3363	987	69	independent	independent	ADJ
cjal-3363	987	70	agencies	agency	NOUN
cjal-3363	987	71	,	,	PUNCT
cjal-3363	987	72	perhaps	perhaps	ADV
cjal-3363	987	73	because	because	SCONJ
cjal-3363	987	74	the	the	DET
cjal-3363	987	75	government	government	NOUN
cjal-3363	987	76	is	be	AUX
cjal-3363	987	77	used	use	VERB
cjal-3363	987	78	to	to	ADP
cjal-3363	987	79	maintaining	maintain	VERB
cjal-3363	987	80	control	control	NOUN
cjal-3363	987	81	with	with	ADP
cjal-3363	987	82	a	a	DET
cjal-3363	987	83	one	one	NUM
cjal-3363	987	84	-	-	PUNCT
cjal-3363	987	85	party	party	NOUN
cjal-3363	987	86	system	system	NOUN
cjal-3363	987	87	.	.	PUNCT
cjal-3363	988	1	198	198	NUM
cjal-3363	988	2	however	however	ADV
cjal-3363	988	3	,	,	PUNCT
cjal-3363	988	4	it	it	PRON
cjal-3363	988	5	is	be	AUX
cjal-3363	988	6	still	still	ADV
cjal-3363	988	7	possible	possible	ADJ
cjal-3363	988	8	to	to	PART
cjal-3363	988	9	design	design	VERB
cjal-3363	988	10	institutions	institution	NOUN
cjal-3363	988	11	that	that	PRON
cjal-3363	988	12	ensure	ensure	VERB
cjal-3363	988	13	the	the	DET
cjal-3363	988	14	independence	independence	NOUN
cjal-3363	988	15	and	and	CCONJ
cjal-3363	988	16	accountability	accountability	NOUN
cjal-3363	988	17	of	of	ADP
cjal-3363	988	18	regulators	regulator	NOUN
cjal-3363	988	19	.	.	PUNCT
cjal-3363	989	1	for	for	ADP
cjal-3363	989	2	example	example	NOUN
cjal-3363	989	3	,	,	PUNCT
cjal-3363	989	4	guangdong	guangdong	PROPN
cjal-3363	989	5	province	province	PROPN
cjal-3363	989	6	requires	require	VERB
cjal-3363	989	7	all	all	DET
cjal-3363	989	8	city	city	NOUN
cjal-3363	989	9	governments	government	NOUN
cjal-3363	989	10	to	to	PART
cjal-3363	989	11	establish	establish	VERB
cjal-3363	989	12	a	a	DET
cjal-3363	989	13	small	small	ADJ
cjal-3363	989	14	committee	committee	NOUN
cjal-3363	989	15	to	to	PART
cjal-3363	989	16	inspect	inspect	VERB
cjal-3363	989	17	the	the	DET
cjal-3363	989	18	costs	cost	NOUN
cjal-3363	989	19	of	of	ADP
cjal-3363	989	20	water	water	NOUN
cjal-3363	989	21	utilities	utility	NOUN
cjal-3363	989	22	before	before	SCONJ
cjal-3363	989	23	they	they	PRON
cjal-3363	989	24	adjust	adjust	VERB
cjal-3363	989	25	water	water	NOUN
cjal-3363	989	26	tariffs	tariff	NOUN
cjal-3363	989	27	.	.	PUNCT
cjal-3363	990	1	the	the	DET
cjal-3363	990	2	committee	committee	NOUN
cjal-3363	990	3	is	be	AUX
cjal-3363	990	4	constituted	constitute	VERB
cjal-3363	990	5	by	by	ADP
cjal-3363	990	6	at	at	ADV
cjal-3363	990	7	least	least	ADV
cjal-3363	990	8	two	two	NUM
cjal-3363	990	9	qualified	qualified	ADJ
cjal-3363	990	10	specialists	specialist	NOUN
cjal-3363	990	11	and	and	CCONJ
cjal-3363	990	12	other	other	ADJ
cjal-3363	990	13	specialists	specialist	NOUN
cjal-3363	990	14	in	in	ADP
cjal-3363	990	15	accounting	accounting	NOUN
cjal-3363	990	16	or	or	CCONJ
cjal-3363	990	17	economics	economic	NOUN
cjal-3363	990	18	,	,	PUNCT
cjal-3363	990	19	who	who	PRON
cjal-3363	990	20	must	must	AUX
cjal-3363	990	21	recuse	recuse	VERB
cjal-3363	990	22	themselves	themselves	PRON
cjal-3363	990	23	if	if	SCONJ
cjal-3363	990	24	they	they	PRON
cjal-3363	990	25	have	have	VERB
cjal-3363	990	26	an	an	DET
cjal-3363	990	27	interest	interest	NOUN
cjal-3363	990	28	,	,	PUNCT
cjal-3363	990	29	either	either	CCONJ
cjal-3363	990	30	directly	directly	ADV
cjal-3363	990	31	or	or	CCONJ
cjal-3363	990	32	indirectly	indirectly	ADV
cjal-3363	990	33	,	,	PUNCT
cjal-3363	990	34	related	relate	VERB
cjal-3363	990	35	to	to	ADP
cjal-3363	990	36	the	the	DET
cjal-3363	990	37	regulated	regulated	ADJ
cjal-3363	990	38	enterprise	enterprise	NOUN
cjal-3363	990	39	.	.	PUNCT
cjal-3363	991	1	199	199	NUM
cjal-3363	991	2	this	this	DET
cjal-3363	991	3	committee	committee	NOUN
cjal-3363	991	4	is	be	AUX
cjal-3363	991	5	responsible	responsible	ADJ
cjal-3363	991	6	for	for	ADP
cjal-3363	991	7	the	the	DET
cjal-3363	991	8	cost	cost	NOUN
cjal-3363	991	9	inspection	inspection	NOUN
cjal-3363	991	10	work	work	NOUN
cjal-3363	991	11	,	,	PUNCT
cjal-3363	991	12	and	and	CCONJ
cjal-3363	991	13	might	might	AUX
cjal-3363	991	14	be	be	AUX
cjal-3363	991	15	punished	punish	VERB
cjal-3363	991	16	if	if	SCONJ
cjal-3363	991	17	they	they	PRON
cjal-3363	991	18	violate	violate	VERB
cjal-3363	991	19	regulatory	regulatory	ADJ
cjal-3363	991	20	rules.200	rules.200	NOUN
cjal-3363	991	21	these	these	DET
cjal-3363	991	22	innovations	innovation	NOUN
cjal-3363	991	23	may	may	AUX
cjal-3363	991	24	enhance	enhance	VERB
cjal-3363	991	25	the	the	DET
cjal-3363	991	26	independence	independence	NOUN
cjal-3363	991	27	of	of	ADP
cjal-3363	991	28	regulators	regulator	NOUN
cjal-3363	991	29	and	and	CCONJ
cjal-3363	991	30	reduce	reduce	VERB
cjal-3363	991	31	the	the	DET
cjal-3363	991	32	possibility	possibility	NOUN
cjal-3363	991	33	of	of	ADP
cjal-3363	991	34	opportunism	opportunism	NOUN
cjal-3363	991	35	caused	cause	VERB
cjal-3363	991	36	by	by	ADP
cjal-3363	991	37	political	political	ADJ
cjal-3363	991	38	pressure	pressure	NOUN
cjal-3363	991	39	.	.	PUNCT
cjal-3363	992	1	they	they	PRON
cjal-3363	992	2	should	should	AUX
cjal-3363	992	3	be	be	AUX
cjal-3363	992	4	encouraged	encourage	VERB
cjal-3363	992	5	in	in	ADP
cjal-3363	992	6	the	the	DET
cjal-3363	992	7	future	future	NOUN
cjal-3363	992	8	.	.	PUNCT
cjal-3363	993	1	3	3	X
cjal-3363	993	2	.	.	X
cjal-3363	993	3	informal	informal	ADJ
cjal-3363	993	4	mechanisms	mechanism	NOUN
cjal-3363	993	5	while	while	SCONJ
cjal-3363	993	6	formal	formal	ADJ
cjal-3363	993	7	mechanisms	mechanism	NOUN
cjal-3363	993	8	for	for	ADP
cjal-3363	993	9	making	make	VERB
cjal-3363	993	10	credible	credible	ADJ
cjal-3363	993	11	commitments	commitment	NOUN
cjal-3363	993	12	take	take	VERB
cjal-3363	993	13	time	time	NOUN
cjal-3363	993	14	to	to	PART
cjal-3363	993	15	develop	develop	VERB
cjal-3363	993	16	,	,	PUNCT
cjal-3363	993	17	informal	informal	ADJ
cjal-3363	993	18	institutions	institution	NOUN
cjal-3363	993	19	such	such	ADJ
cjal-3363	993	20	as	as	ADP
cjal-3363	993	21	reputation	reputation	NOUN
cjal-3363	993	22	and	and	CCONJ
cjal-3363	993	23	personal	personal	ADJ
cjal-3363	993	24	networks	network	NOUN
cjal-3363	993	25	may	may	AUX
cjal-3363	993	26	also	also	ADV
cjal-3363	993	27	facilitate	facilitate	VERB
cjal-3363	993	28	transactions	transaction	NOUN
cjal-3363	993	29	and	and	CCONJ
cjal-3363	993	30	promote	promote	VERB
cjal-3363	993	31	195	195	NUM
cjal-3363	993	32	for	for	ADP
cjal-3363	993	33	example	example	NOUN
cjal-3363	993	34	,	,	PUNCT
cjal-3363	993	35	the	the	DET
cjal-3363	993	36	connecticut	connecticut	PROPN
cjal-3363	993	37	public	public	ADJ
cjal-3363	993	38	utilities	utility	NOUN
cjal-3363	993	39	regulatory	regulatory	ADJ
cjal-3363	993	40	authority	authority	NOUN
cjal-3363	993	41	is	be	AUX
cjal-3363	993	42	designed	design	VERB
cjal-3363	993	43	to	to	PART
cjal-3363	993	44	be	be	AUX
cjal-3363	993	45	independent	independent	ADJ
cjal-3363	993	46	.	.	PUNCT
cjal-3363	994	1	the	the	DET
cjal-3363	994	2	commission	commission	NOUN
cjal-3363	994	3	is	be	AUX
cjal-3363	994	4	composed	compose	VERB
cjal-3363	994	5	of	of	ADP
cjal-3363	994	6	members	member	NOUN
cjal-3363	994	7	of	of	ADP
cjal-3363	994	8	different	different	ADJ
cjal-3363	994	9	parties	party	NOUN
cjal-3363	994	10	.	.	PUNCT
cjal-3363	995	1	the	the	DET
cjal-3363	995	2	commissioners	commissioner	NOUN
cjal-3363	995	3	can	can	AUX
cjal-3363	995	4	not	not	PART
cjal-3363	995	5	be	be	AUX
cjal-3363	995	6	removed	remove	VERB
cjal-3363	995	7	at	at	ADP
cjal-3363	995	8	will	will	NOUN
cjal-3363	995	9	by	by	ADP
cjal-3363	995	10	the	the	DET
cjal-3363	995	11	governor	governor	NOUN
cjal-3363	995	12	.	.	PUNCT
cjal-3363	996	1	see	see	VERB
cjal-3363	996	2	conn	conn	PROPN
cjal-3363	996	3	.	.	PUNCT
cjal-3363	997	1	gen	gen	PROPN
cjal-3363	997	2	.	.	PROPN
cjal-3363	997	3	stat	stat	PROPN
cjal-3363	997	4	.	.	PUNCT
cjal-3363	998	1	ann	ann	PROPN
cjal-3363	998	2	.	.	PUNCT
cjal-3363	999	1	§	§	PROPN
cjal-3363	999	2	16	16	NUM
cjal-3363	999	3	-	-	SYM
cjal-3363	999	4	2	2	NUM
cjal-3363	999	5	(	(	PUNCT
cjal-3363	999	6	west	west	NOUN
cjal-3363	999	7	2011	2011	NUM
cjal-3363	999	8	)	)	PUNCT
cjal-3363	999	9	.	.	PUNCT
cjal-3363	1000	1	conn	conn	PROPN
cjal-3363	1000	2	.	.	PUNCT
cjal-3363	1000	3	gen	gen	PROPN
cjal-3363	1000	4	.	.	PROPN
cjal-3363	1000	5	stat	stat	PROPN
cjal-3363	1000	6	.	.	PUNCT
cjal-3363	1001	1	ann	ann	PROPN
cjal-3363	1001	2	.	.	PUNCT
cjal-3363	1002	1	§	§	PROPN
cjal-3363	1002	2	16	16	NUM
cjal-3363	1002	3	-	-	SYM
cjal-3363	1002	4	5	5	NUM
cjal-3363	1002	5	(	(	PUNCT
cjal-3363	1002	6	west	west	NOUN
cjal-3363	1002	7	2011	2011	NUM
cjal-3363	1002	8	)	)	PUNCT
cjal-3363	1002	9	.	.	PUNCT
cjal-3363	1003	1	196	196	NUM
cjal-3363	1003	2	scott	scott	PROPN
cjal-3363	1003	3	,	,	PUNCT
cjal-3363	1003	4	supra	supra	PROPN
cjal-3363	1003	5	note	note	PROPN
cjal-3363	1003	6	26	26	NUM
cjal-3363	1003	7	,	,	PUNCT
cjal-3363	1003	8	at	at	ADP
cjal-3363	1003	9	44	44	NUM
cjal-3363	1003	10	.	.	PUNCT
cjal-3363	1004	1	see	see	VERB
cjal-3363	1004	2	also	also	ADV
cjal-3363	1004	3	f.	f.	PROPN
cjal-3363	1004	4	gilardi	gilardi	PROPN
cjal-3363	1004	5	,	,	PUNCT
cjal-3363	1004	6	policy	policy	NOUN
cjal-3363	1004	7	credibility	credibility	NOUN
cjal-3363	1004	8	and	and	CCONJ
cjal-3363	1004	9	delegation	delegation	NOUN
cjal-3363	1004	10	to	to	ADP
cjal-3363	1004	11	independent	independent	ADJ
cjal-3363	1004	12	regulatory	regulatory	ADJ
cjal-3363	1004	13	agencies	agency	NOUN
cjal-3363	1004	14	:	:	PUNCT
cjal-3363	1004	15	a	a	DET
cjal-3363	1004	16	comparative	comparative	ADJ
cjal-3363	1004	17	empirical	empirical	ADJ
cjal-3363	1004	18	analysis	analysis	NOUN
cjal-3363	1004	19	,	,	PUNCT
cjal-3363	1004	20	9	9	NUM
cjal-3363	1004	21	j.	j.	PROPN
cjal-3363	1004	22	euro	euro	PROPN
cjal-3363	1004	23	.	.	PUNCT
cjal-3363	1005	1	pub	pub	NOUN
cjal-3363	1005	2	.	.	PUNCT
cjal-3363	1006	1	policy	policy	NOUN
cjal-3363	1006	2	873	873	NUM
cjal-3363	1006	3	(	(	PUNCT
cjal-3363	1006	4	2000	2000	NUM
cjal-3363	1006	5	)	)	PUNCT
cjal-3363	1006	6	.	.	PUNCT
cjal-3363	1007	1	197	197	NUM
cjal-3363	1007	2	scott	scott	PROPN
cjal-3363	1007	3	,	,	PUNCT
cjal-3363	1007	4	supra	supra	PROPN
cjal-3363	1007	5	note	note	PROPN
cjal-3363	1007	6	26	26	NUM
cjal-3363	1007	7	,	,	PUNCT
cjal-3363	1007	8	at	at	ADP
cjal-3363	1007	9	.	.	PROPN
cjal-3363	1008	1	42	42	NUM
cjal-3363	1008	2	.	.	X
cjal-3363	1008	3	198	198	NUM
cjal-3363	1008	4	see	see	VERB
cjal-3363	1008	5	generally	generally	ADV
cjal-3363	1008	6	matthew	matthew	PROPN
cjal-3363	1008	7	c.	c.	PROPN
cjal-3363	1008	8	stephenson	stephenson	PROPN
cjal-3363	1008	9	,	,	PUNCT
cjal-3363	1008	10	“	"	PUNCT
cjal-3363	1008	11	when	when	SCONJ
cjal-3363	1008	12	the	the	DET
cjal-3363	1008	13	devil	devil	NOUN
cjal-3363	1008	14	turns	turn	VERB
cjal-3363	1008	15	...	...	PUNCT
cjal-3363	1008	16	”	"	PUNCT
cjal-3363	1008	17	:	:	PUNCT
cjal-3363	1008	18	the	the	DET
cjal-3363	1008	19	political	political	ADJ
cjal-3363	1008	20	foundations	foundation	NOUN
cjal-3363	1008	21	of	of	ADP
cjal-3363	1008	22	independent	independent	ADJ
cjal-3363	1008	23	judicial	judicial	ADJ
cjal-3363	1008	24	review	review	NOUN
cjal-3363	1008	25	,	,	PUNCT
cjal-3363	1008	26	32	32	NUM
cjal-3363	1008	27	j.	j.	PROPN
cjal-3363	1008	28	legal	legal	ADJ
cjal-3363	1008	29	stud	stud	NOUN
cjal-3363	1008	30	.	.	PUNCT
cjal-3363	1009	1	59	59	NUM
cjal-3363	1009	2	,	,	PUNCT
cjal-3363	1009	3	73	73	NUM
cjal-3363	1009	4	(	(	PUNCT
cjal-3363	1009	5	2003	2003	NUM
cjal-3363	1009	6	)	)	PUNCT
cjal-3363	1009	7	(	(	PUNCT
cjal-3363	1009	8	discussing	discuss	VERB
cjal-3363	1009	9	the	the	DET
cjal-3363	1009	10	political	political	ADJ
cjal-3363	1009	11	foundations	foundation	NOUN
cjal-3363	1009	12	of	of	ADP
cjal-3363	1009	13	independent	independent	ADJ
cjal-3363	1009	14	judicial	judicial	ADJ
cjal-3363	1009	15	review	review	NOUN
cjal-3363	1009	16	)	)	PUNCT
cjal-3363	1009	17	.	.	PUNCT
cjal-3363	1010	1	199	199	NUM
cjal-3363	1010	2	guangdongsheng	guangdongsheng	PROPN
cjal-3363	1010	3	wujiaju	wujiaju	PROPN
cjal-3363	1010	4	zhengfu	zhengfu	PROPN
cjal-3363	1010	5	zhiding	zhide	VERB
cjal-3363	1010	6	jiage	jiage	PROPN
cjal-3363	1010	7	chengben	chengben	PROPN
cjal-3363	1010	8	jianshen	jianshen	PROPN
cjal-3363	1010	9	gongzuo	gongzuo	PROPN
cjal-3363	1010	10	guicheng(广东省物价局政	guicheng(广东省物价局政	PROPN
cjal-3363	1010	11	府制定价格成本监审工作规程)[guangdong	府制定价格成本监审工作规程)[guangdong	PROPN
cjal-3363	1010	12	price	price	NOUN
cjal-3363	1010	13	department	department	NOUN
cjal-3363	1010	14	working	working	NOUN
cjal-3363	1010	15	rules	rule	NOUN
cjal-3363	1010	16	and	and	CCONJ
cjal-3363	1010	17	procedures	procedure	NOUN
cjal-3363	1010	18	for	for	ADP
cjal-3363	1010	19	cost	cost	NOUN
cjal-3363	1010	20	inspections	inspection	NOUN
cjal-3363	1010	21	for	for	ADP
cjal-3363	1010	22	government	government	NOUN
cjal-3363	1010	23	price	price	NOUN
cjal-3363	1010	24	regulations](promulgated	regulations](promulgate	VERB
cjal-3363	1010	25	by	by	ADP
cjal-3363	1010	26	the	the	DET
cjal-3363	1010	27	price	price	NOUN
cjal-3363	1010	28	department	department	PROPN
cjal-3363	1010	29	of	of	ADP
cjal-3363	1010	30	guangdong	guangdong	PROPN
cjal-3363	1010	31	province	province	PROPN
cjal-3363	1010	32	oct	oct	PROPN
cjal-3363	1010	33	.	.	PROPN
cjal-3363	1010	34	22	22	NUM
cjal-3363	1010	35	,	,	PUNCT
cjal-3363	1010	36	2007	2007	NUM
cjal-3363	1010	37	,	,	PUNCT
cjal-3363	1010	38	effective	effective	ADJ
cjal-3363	1010	39	nov	nov	PROPN
cjal-3363	1010	40	.	.	PROPN
cjal-3363	1010	41	1,2007	1,2007	NUM
cjal-3363	1010	42	)	)	PUNCT
cjal-3363	1010	43	(	(	PUNCT
cjal-3363	1010	44	china	china	PROPN
cjal-3363	1010	45	)	)	PUNCT
cjal-3363	1010	46	,	,	PUNCT
cjal-3363	1010	47	art	art	NOUN
cjal-3363	1010	48	.	.	PUNCT
cjal-3363	1011	1	13	13	NUM
cjal-3363	1011	2	.	.	X
cjal-3363	1012	1	200	200	NUM
cjal-3363	1012	2	i	i	PROPN
cjal-3363	1012	3	d	d	PROPN
cjal-3363	1012	4	,	,	PUNCT
cjal-3363	1012	5	art	art	NOUN
cjal-3363	1012	6	.	.	PUNCT
cjal-3363	1013	1	15	15	NUM
cjal-3363	1013	2	.	.	NOUN
cjal-3363	1013	3	2017	2017	NUM
cjal-3363	1013	4	]	]	PUNCT
cjal-3363	1013	5	state	state	NOUN
cjal-3363	1013	6	ownership	ownership	NOUN
cjal-3363	1013	7	and	and	CCONJ
cjal-3363	1013	8	regulatory	regulatory	ADJ
cjal-3363	1013	9	costs	cost	NOUN
cjal-3363	1013	10	69	69	NUM
cjal-3363	1013	11	investment.201	investment.201	NOUN
cjal-3363	1013	12	however	however	ADV
cjal-3363	1013	13	,	,	PUNCT
cjal-3363	1013	14	informal	informal	ADJ
cjal-3363	1013	15	mechanisms	mechanism	NOUN
cjal-3363	1013	16	face	face	VERB
cjal-3363	1013	17	several	several	ADJ
cjal-3363	1013	18	challenges	challenge	NOUN
cjal-3363	1013	19	.	.	PUNCT
cjal-3363	1014	1	first	first	ADV
cjal-3363	1014	2	,	,	PUNCT
cjal-3363	1014	3	local	local	ADJ
cjal-3363	1014	4	government	government	NOUN
cjal-3363	1014	5	officials	official	NOUN
cjal-3363	1014	6	may	may	AUX
cjal-3363	1014	7	leave	leave	VERB
cjal-3363	1014	8	,	,	PUNCT
cjal-3363	1014	9	and	and	CCONJ
cjal-3363	1014	10	private	private	ADJ
cjal-3363	1014	11	enterprises	enterprise	NOUN
cjal-3363	1014	12	may	may	AUX
cjal-3363	1014	13	go	go	VERB
cjal-3363	1014	14	bankrupt	bankrupt	ADJ
cjal-3363	1014	15	,	,	PUNCT
cjal-3363	1014	16	which	which	PRON
cjal-3363	1014	17	may	may	AUX
cjal-3363	1014	18	undermine	undermine	VERB
cjal-3363	1014	19	the	the	DET
cjal-3363	1014	20	stability	stability	NOUN
cjal-3363	1014	21	of	of	ADP
cjal-3363	1014	22	the	the	DET
cjal-3363	1014	23	relationship	relationship	NOUN
cjal-3363	1014	24	.	.	PUNCT
cjal-3363	1015	1	furthermore	furthermore	ADV
cjal-3363	1015	2	,	,	PUNCT
cjal-3363	1015	3	these	these	DET
cjal-3363	1015	4	informal	informal	ADJ
cjal-3363	1015	5	mechanisms	mechanism	NOUN
cjal-3363	1015	6	often	often	ADV
cjal-3363	1015	7	lack	lack	VERB
cjal-3363	1015	8	transparency	transparency	NOUN
cjal-3363	1015	9	,	,	PUNCT
cjal-3363	1015	10	and	and	CCONJ
cjal-3363	1015	11	may	may	AUX
cjal-3363	1015	12	facilitate	facilitate	VERB
cjal-3363	1015	13	capture	capture	NOUN
cjal-3363	1015	14	.	.	PUNCT
cjal-3363	1016	1	private	private	ADJ
cjal-3363	1016	2	enterprises	enterprise	NOUN
cjal-3363	1016	3	may	may	AUX
cjal-3363	1016	4	conduct	conduct	VERB
cjal-3363	1016	5	oligopolistic	oligopolistic	ADJ
cjal-3363	1016	6	or	or	CCONJ
cjal-3363	1016	7	monopolistic	monopolistic	ADJ
cjal-3363	1016	8	practices	practice	NOUN
cjal-3363	1016	9	,	,	PUNCT
cjal-3363	1016	10	which	which	PRON
cjal-3363	1016	11	not	not	PART
cjal-3363	1016	12	only	only	ADV
cjal-3363	1016	13	reduce	reduce	VERB
cjal-3363	1016	14	broad	broad	ADJ
cjal-3363	1016	15	social	social	ADJ
cjal-3363	1016	16	benefits	benefit	NOUN
cjal-3363	1016	17	,	,	PUNCT
cjal-3363	1016	18	202	202	NUM
cjal-3363	1016	19	but	but	CCONJ
cjal-3363	1016	20	also	also	ADV
cjal-3363	1016	21	harm	harm	VERB
cjal-3363	1016	22	the	the	DET
cjal-3363	1016	23	legitimacy	legitimacy	NOUN
cjal-3363	1016	24	of	of	ADP
cjal-3363	1016	25	the	the	DET
cjal-3363	1016	26	governments	government	NOUN
cjal-3363	1016	27	.	.	PUNCT
cjal-3363	1017	1	thus	thus	ADV
cjal-3363	1017	2	,	,	PUNCT
cjal-3363	1017	3	formal	formal	ADJ
cjal-3363	1017	4	mechanisms	mechanism	NOUN
cjal-3363	1017	5	need	need	VERB
cjal-3363	1017	6	to	to	PART
cjal-3363	1017	7	be	be	AUX
cjal-3363	1017	8	further	far	ADV
cjal-3363	1017	9	developed	develop	VERB
cjal-3363	1017	10	if	if	SCONJ
cjal-3363	1017	11	china	china	PROPN
cjal-3363	1017	12	is	be	AUX
cjal-3363	1017	13	to	to	PART
cjal-3363	1017	14	reduce	reduce	VERB
cjal-3363	1017	15	regulatory	regulatory	ADJ
cjal-3363	1017	16	costs	cost	NOUN
cjal-3363	1017	17	.	.	PUNCT
cjal-3363	1018	1	b.	b.	NOUN
cjal-3363	1018	2	categorization	categorization	NOUN
cjal-3363	1018	3	of	of	ADP
cjal-3363	1018	4	soes	soe	NOUN
cjal-3363	1018	5	and	and	CCONJ
cjal-3363	1018	6	the	the	DET
cjal-3363	1018	7	meaning	meaning	NOUN
cjal-3363	1018	8	of	of	ADP
cjal-3363	1018	9	strategic	strategic	ADJ
cjal-3363	1018	10	and	and	CCONJ
cjal-3363	1018	11	pillar	pillar	NOUN
cjal-3363	1018	12	industries	industry	NOUN
cjal-3363	1018	13	improving	improve	VERB
cjal-3363	1018	14	the	the	DET
cjal-3363	1018	15	regulatory	regulatory	ADJ
cjal-3363	1018	16	regime	regime	NOUN
cjal-3363	1018	17	reduces	reduce	VERB
cjal-3363	1018	18	regulatory	regulatory	ADJ
cjal-3363	1018	19	costs	cost	NOUN
cjal-3363	1018	20	and	and	CCONJ
cjal-3363	1018	21	enhances	enhance	VERB
cjal-3363	1018	22	efficiency	efficiency	NOUN
cjal-3363	1018	23	in	in	ADP
cjal-3363	1018	24	the	the	DET
cjal-3363	1018	25	long	long	ADJ
cjal-3363	1018	26	run	run	NOUN
cjal-3363	1018	27	.	.	PUNCT
cjal-3363	1019	1	however	however	ADV
cjal-3363	1019	2	,	,	PUNCT
cjal-3363	1019	3	regulatory	regulatory	ADJ
cjal-3363	1019	4	institutions	institution	NOUN
cjal-3363	1019	5	need	need	VERB
cjal-3363	1019	6	time	time	NOUN
cjal-3363	1019	7	to	to	ADP
cjal-3363	1019	8	develop.203	develop.203	ADP
cjal-3363	1019	9	in	in	ADP
cjal-3363	1019	10	the	the	DET
cjal-3363	1019	11	near	near	ADJ
cjal-3363	1019	12	future	future	NOUN
cjal-3363	1019	13	,	,	PUNCT
cjal-3363	1019	14	regulatory	regulatory	ADJ
cjal-3363	1019	15	costs	cost	NOUN
cjal-3363	1019	16	are	be	AUX
cjal-3363	1019	17	likely	likely	ADJ
cjal-3363	1019	18	to	to	PART
cjal-3363	1019	19	remain	remain	VERB
cjal-3363	1019	20	significant	significant	ADJ
cjal-3363	1019	21	.	.	PUNCT
cjal-3363	1020	1	the	the	DET
cjal-3363	1020	2	analysis	analysis	NOUN
cjal-3363	1020	3	of	of	ADP
cjal-3363	1020	4	this	this	DET
cjal-3363	1020	5	article	article	NOUN
cjal-3363	1020	6	offers	offer	VERB
cjal-3363	1020	7	a	a	DET
cjal-3363	1020	8	test	test	NOUN
cjal-3363	1020	9	for	for	ADP
cjal-3363	1020	10	policy	policy	NOUN
cjal-3363	1020	11	-	-	PUNCT
cjal-3363	1020	12	makers	maker	NOUN
cjal-3363	1020	13	to	to	PART
cjal-3363	1020	14	determine	determine	VERB
cjal-3363	1020	15	whether	whether	SCONJ
cjal-3363	1020	16	the	the	DET
cjal-3363	1020	17	state	state	NOUN
cjal-3363	1020	18	should	should	AUX
cjal-3363	1020	19	privatize	privatize	VERB
cjal-3363	1020	20	soes	soe	NOUN
cjal-3363	1020	21	in	in	ADP
cjal-3363	1020	22	certain	certain	ADJ
cjal-3363	1020	23	industries	industry	NOUN
cjal-3363	1020	24	from	from	ADP
cjal-3363	1020	25	an	an	DET
cjal-3363	1020	26	efficiency	efficiency	NOUN
cjal-3363	1020	27	perspective	perspective	NOUN
cjal-3363	1020	28	.	.	PUNCT
cjal-3363	1021	1	the	the	DET
cjal-3363	1021	2	state	state	NOUN
cjal-3363	1021	3	-	-	PUNCT
cjal-3363	1021	4	owned	own	VERB
cjal-3363	1021	5	assets	asset	NOUN
cjal-3363	1021	6	supervisory	supervisory	ADJ
cjal-3363	1021	7	and	and	CCONJ
cjal-3363	1021	8	administrative	administrative	ADJ
cjal-3363	1021	9	commission	commission	NOUN
cjal-3363	1021	10	(	(	PUNCT
cjal-3363	1021	11	sasac	sasac	NOUN
cjal-3363	1021	12	)	)	PUNCT
cjal-3363	1021	13	launched	launch	VERB
cjal-3363	1021	14	its	its	PRON
cjal-3363	1021	15	categorization	categorization	NOUN
cjal-3363	1021	16	of	of	ADP
cjal-3363	1021	17	soes	soe	NOUN
cjal-3363	1021	18	in	in	ADP
cjal-3363	1021	19	2015	2015	NUM
cjal-3363	1021	20	,	,	PUNCT
cjal-3363	1021	21	dividing	divide	VERB
cjal-3363	1021	22	soes	soe	NOUN
cjal-3363	1021	23	into	into	ADP
cjal-3363	1021	24	two	two	NUM
cjal-3363	1021	25	types	type	NOUN
cjal-3363	1021	26	:	:	PUNCT
cjal-3363	1021	27	business	business	NOUN
cjal-3363	1021	28	soes	soe	NOUN
cjal-3363	1021	29	and	and	CCONJ
cjal-3363	1021	30	public	public	ADJ
cjal-3363	1021	31	interest	interest	NOUN
cjal-3363	1021	32	soes.204	soes.204	PROPN
cjal-3363	1021	33	the	the	DET
cjal-3363	1021	34	objective	objective	NOUN
cjal-3363	1021	35	of	of	ADP
cjal-3363	1021	36	business	business	NOUN
cjal-3363	1021	37	soes	soe	NOUN
cjal-3363	1021	38	is	be	AUX
cjal-3363	1021	39	to	to	PART
cjal-3363	1021	40	promote	promote	VERB
cjal-3363	1021	41	economic	economic	ADJ
cjal-3363	1021	42	development	development	NOUN
cjal-3363	1021	43	and	and	CCONJ
cjal-3363	1021	44	maintain	maintain	VERB
cjal-3363	1021	45	the	the	DET
cjal-3363	1021	46	value	value	NOUN
cjal-3363	1021	47	of	of	ADP
cjal-3363	1021	48	their	their	PRON
cjal-3363	1021	49	assets	asset	NOUN
cjal-3363	1021	50	of	of	ADP
cjal-3363	1021	51	soes	soe	NOUN
cjal-3363	1021	52	.	.	PUNCT
cjal-3363	1022	1	the	the	DET
cjal-3363	1022	2	objective	objective	NOUN
cjal-3363	1022	3	of	of	ADP
cjal-3363	1022	4	public	public	ADJ
cjal-3363	1022	5	interest	interest	NOUN
cjal-3363	1022	6	soes	soe	NOUN
cjal-3363	1022	7	is	be	AUX
cjal-3363	1022	8	to	to	PART
cjal-3363	1022	9	improve	improve	VERB
cjal-3363	1022	10	people	people	NOUN
cjal-3363	1022	11	’s	’s	PART
cjal-3363	1022	12	201	201	NUM
cjal-3363	1022	13	see	see	VERB
cjal-3363	1022	14	trebilcock	trebilcock	NOUN
cjal-3363	1022	15	&	&	CCONJ
cjal-3363	1022	16	leng	leng	PROPN
cjal-3363	1022	17	,	,	PUNCT
cjal-3363	1022	18	supra	supra	PROPN
cjal-3363	1022	19	note	note	PROPN
cjal-3363	1022	20	189	189	NUM
cjal-3363	1022	21	,	,	PUNCT
cjal-3363	1022	22	at	at	ADP
cjal-3363	1022	23	1543	1543	NUM
cjal-3363	1022	24	.	.	PUNCT
cjal-3363	1023	1	see	see	VERB
cjal-3363	1023	2	generally	generally	ADV
cjal-3363	1023	3	robert	robert	PROPN
cjal-3363	1023	4	c.	c.	PROPN
cjal-3363	1023	5	ellickson	ellickson	PROPN
cjal-3363	1023	6	,	,	PUNCT
cjal-3363	1023	7	order	order	NOUN
cjal-3363	1023	8	without	without	ADP
cjal-3363	1023	9	law	law	NOUN
cjal-3363	1023	10	:	:	PUNCT
cjal-3363	1023	11	how	how	SCONJ
cjal-3363	1023	12	neighbors	neighbor	NOUN
cjal-3363	1023	13	settle	settle	VERB
cjal-3363	1023	14	disputes	dispute	NOUN
cjal-3363	1023	15	(	(	PUNCT
cjal-3363	1023	16	1991	1991	NUM
cjal-3363	1023	17	)	)	PUNCT
cjal-3363	1023	18	;	;	PUNCT
cjal-3363	1023	19	milhaupt	milhaupt	PROPN
cjal-3363	1023	20	&	&	CCONJ
cjal-3363	1023	21	zheng	zheng	PROPN
cjal-3363	1023	22	,	,	PUNCT
cjal-3363	1023	23	supra	supra	PROPN
cjal-3363	1023	24	note	note	PROPN
cjal-3363	1023	25	7	7	NUM
cjal-3363	1023	26	,	,	PUNCT
cjal-3363	1023	27	at	at	ADP
cjal-3363	1023	28	685	685	NUM
cjal-3363	1023	29	;	;	PUNCT
cjal-3363	1023	30	tony	tony	ADJ
cjal-3363	1023	31	prosser	prosser	PROPN
cjal-3363	1023	32	,	,	PUNCT
cjal-3363	1023	33	nationalised	nationalise	VERB
cjal-3363	1023	34	industries	industry	NOUN
cjal-3363	1023	35	and	and	CCONJ
cjal-3363	1023	36	public	public	ADJ
cjal-3363	1023	37	control	control	NOUN
cjal-3363	1023	38	:	:	PUNCT
cjal-3363	1023	39	legal	legal	ADJ
cjal-3363	1023	40	,	,	PUNCT
cjal-3363	1023	41	constitutional	constitutional	ADJ
cjal-3363	1023	42	and	and	CCONJ
cjal-3363	1023	43	political	political	ADJ
cjal-3363	1023	44	issues	issue	NOUN
cjal-3363	1023	45	20	20	NUM
cjal-3363	1023	46	(	(	PUNCT
cjal-3363	1023	47	1986	1986	NUM
cjal-3363	1023	48	)	)	PUNCT
cjal-3363	1023	49	.	.	PUNCT
cjal-3363	1024	1	see	see	VERB
cjal-3363	1024	2	also	also	ADV
cjal-3363	1024	3	donald	donald	PROPN
cjal-3363	1024	4	c.	c.	PROPN
cjal-3363	1024	5	clarke	clarke	PROPN
cjal-3363	1024	6	,	,	PUNCT
cjal-3363	1024	7	economic	economic	ADJ
cjal-3363	1024	8	development	development	NOUN
cjal-3363	1024	9	and	and	CCONJ
cjal-3363	1024	10	the	the	DET
cjal-3363	1024	11	rights	right	NOUN
cjal-3363	1024	12	hypothesis	hypothesis	NOUN
cjal-3363	1024	13	:	:	PUNCT
cjal-3363	1024	14	the	the	DET
cjal-3363	1024	15	china	china	PROPN
cjal-3363	1024	16	problem	problem	NOUN
cjal-3363	1024	17	,	,	PUNCT
cjal-3363	1024	18	51	51	NUM
cjal-3363	1024	19	am	am	NOUN
cjal-3363	1024	20	.	.	PUNCT
cjal-3363	1025	1	j.	j.	PROPN
cjal-3363	1025	2	comp	comp	PROPN
cjal-3363	1025	3	.	.	PUNCT
cjal-3363	1026	1	l.	l.	PROPN
cjal-3363	1026	2	89	89	NUM
cjal-3363	1026	3	,	,	PUNCT
cjal-3363	1026	4	94	94	NUM
cjal-3363	1026	5	(	(	PUNCT
cjal-3363	1026	6	2003	2003	NUM
cjal-3363	1026	7	)	)	PUNCT
cjal-3363	1026	8	(	(	PUNCT
cjal-3363	1026	9	arguing	argue	VERB
cjal-3363	1026	10	that	that	SCONJ
cjal-3363	1026	11	an	an	DET
cjal-3363	1026	12	effective	effective	ADJ
cjal-3363	1026	13	formal	formal	ADJ
cjal-3363	1026	14	legal	legal	ADJ
cjal-3363	1026	15	system	system	NOUN
cjal-3363	1026	16	is	be	AUX
cjal-3363	1026	17	only	only	ADV
cjal-3363	1026	18	absolutely	absolutely	ADV
cjal-3363	1026	19	necessary	necessary	ADJ
cjal-3363	1026	20	for	for	ADP
cjal-3363	1026	21	transactions	transaction	NOUN
cjal-3363	1026	22	that	that	PRON
cjal-3363	1026	23	are	be	AUX
cjal-3363	1026	24	“	"	PUNCT
cjal-3363	1026	25	a	a	DET
cjal-3363	1026	26	one	one	NUM
cjal-3363	1026	27	-	-	PUNCT
cjal-3363	1026	28	shot	shot	NOUN
cjal-3363	1026	29	deal	deal	NOUN
cjal-3363	1026	30	between	between	ADP
cjal-3363	1026	31	strangers	stranger	NOUN
cjal-3363	1026	32	.	.	PUNCT
cjal-3363	1026	33	”	"	PUNCT
cjal-3363	1026	34	)	)	PUNCT
cjal-3363	1026	35	.	.	PUNCT
cjal-3363	1027	1	202	202	NUM
cjal-3363	1027	2	see	see	VERB
cjal-3363	1027	3	thomas	thomas	PROPN
cjal-3363	1027	4	w.	w.	PROPN
cjal-3363	1027	5	dunfee	dunfee	PROPN
cjal-3363	1027	6	&	&	CCONJ
cjal-3363	1027	7	danielle	danielle	PROPN
cjal-3363	1027	8	e.	e.	PROPN
cjal-3363	1027	9	warren	warren	PROPN
cjal-3363	1027	10	,	,	PUNCT
cjal-3363	1027	11	is	be	AUX
cjal-3363	1027	12	guanxi	guanxi	NOUN
cjal-3363	1027	13	ethical	ethical	ADJ
cjal-3363	1027	14	?	?	PUNCT
cjal-3363	1028	1	a	a	DET
cjal-3363	1028	2	normative	normative	ADJ
cjal-3363	1028	3	analysis	analysis	NOUN
cjal-3363	1028	4	of	of	ADP
cjal-3363	1028	5	doing	do	VERB
cjal-3363	1028	6	business	business	NOUN
cjal-3363	1028	7	in	in	ADP
cjal-3363	1028	8	china	china	PROPN
cjal-3363	1028	9	,	,	PUNCT
cjal-3363	1028	10	32	32	NUM
cjal-3363	1028	11	j.	j.	PROPN
cjal-3363	1028	12	bus	bus	PROPN
cjal-3363	1028	13	.	.	PUNCT
cjal-3363	1029	1	ethics	ethic	NOUN
cjal-3363	1029	2	191	191	NUM
cjal-3363	1029	3	,	,	PUNCT
cjal-3363	1029	4	200	200	NUM
cjal-3363	1029	5	(	(	PUNCT
cjal-3363	1029	6	2001	2001	NUM
cjal-3363	1029	7	)	)	PUNCT
cjal-3363	1029	8	.	.	PUNCT
cjal-3363	1030	1	203	203	NUM
cjal-3363	1030	2	trebilcock	trebilcock	PROPN
cjal-3363	1030	3	&	&	CCONJ
cjal-3363	1030	4	leng	leng	PROPN
cjal-3363	1030	5	,	,	PUNCT
cjal-3363	1030	6	supra	supra	PROPN
cjal-3363	1030	7	note	note	PROPN
cjal-3363	1030	8	189	189	NUM
cjal-3363	1030	9	,	,	PUNCT
cjal-3363	1030	10	at	at	ADP
cjal-3363	1030	11	1544	1544	NUM
cjal-3363	1030	12	(	(	PUNCT
cjal-3363	1030	13	“	"	PUNCT
cjal-3363	1030	14	[	[	X
cjal-3363	1030	15	i]t	i]t	PROPN
cjal-3363	1030	16	has	have	AUX
cjal-3363	1030	17	been	be	AUX
cjal-3363	1030	18	widely	widely	ADV
cjal-3363	1030	19	recognized	recognize	VERB
cjal-3363	1030	20	that	that	SCONJ
cjal-3363	1030	21	it	it	PRON
cjal-3363	1030	22	takes	take	VERB
cjal-3363	1030	23	time	time	NOUN
cjal-3363	1030	24	for	for	SCONJ
cjal-3363	1030	25	these	these	DET
cjal-3363	1030	26	economies	economy	NOUN
cjal-3363	1030	27	to	to	PART
cjal-3363	1030	28	develop	develop	VERB
cjal-3363	1030	29	such	such	ADJ
cjal-3363	1030	30	legal	legal	ADJ
cjal-3363	1030	31	institutions	institution	NOUN
cjal-3363	1030	32	”	"	PUNCT
cjal-3363	1030	33	)	)	PUNCT
cjal-3363	1030	34	.	.	PUNCT
cjal-3363	1031	1	204	204	NUM
cjal-3363	1031	2	guanyu	guanyu	PROPN
cjal-3363	1031	3	guoyou	guoyou	PROPN
cjal-3363	1031	4	qiye	qiye	PROPN
cjal-3363	1031	5	gongneng	gongneng	PROPN
cjal-3363	1031	6	jieding	jieding	PROPN
cjal-3363	1031	7	yu	yu	PROPN
cjal-3363	1031	8	fenlei	fenlei	VERB
cjal-3363	1031	9	de	de	PROPN
cjal-3363	1031	10	zhidao	zhidao	PROPN
cjal-3363	1031	11	yijian(关于国有企业功能界定与分类的指	yijian(关于国有企业功能界定与分类的指	PROPN
cjal-3363	1031	12	导意见)[guiding	导意见)[guiding	PROPN
cjal-3363	1031	13	opinions	opinion	NOUN
cjal-3363	1031	14	on	on	ADP
cjal-3363	1031	15	the	the	DET
cjal-3363	1031	16	functions	function	NOUN
cjal-3363	1031	17	and	and	CCONJ
cjal-3363	1031	18	categorization	categorization	NOUN
cjal-3363	1031	19	of	of	ADP
cjal-3363	1031	20	state	state	NOUN
cjal-3363	1031	21	-	-	PUNCT
cjal-3363	1031	22	owned	own	VERB
cjal-3363	1031	23	enterprises](promulgated	enterprises](promulgate	VERB
cjal-3363	1031	24	by	by	ADP
cjal-3363	1031	25	the	the	DET
cjal-3363	1031	26	state	state	NOUN
cjal-3363	1031	27	assets	asset	NOUN
cjal-3363	1031	28	supervisory	supervisory	ADJ
cjal-3363	1031	29	and	and	CCONJ
cjal-3363	1031	30	administrative	administrative	ADJ
cjal-3363	1031	31	committee	committee	NOUN
cjal-3363	1031	32	,	,	PUNCT
cjal-3363	1031	33	the	the	DET
cjal-3363	1031	34	treasury	treasury	PROPN
cjal-3363	1031	35	department	department	PROPN
cjal-3363	1031	36	,	,	PUNCT
cjal-3363	1031	37	and	and	CCONJ
cjal-3363	1031	38	the	the	DET
cjal-3363	1031	39	national	national	PROPN
cjal-3363	1031	40	development	development	PROPN
cjal-3363	1031	41	and	and	CCONJ
cjal-3363	1031	42	reform	reform	PROPN
cjal-3363	1031	43	committee	committee	NOUN
cjal-3363	1031	44	,	,	PUNCT
cjal-3363	1031	45	dec	dec	PROPN
cjal-3363	1031	46	.	.	PROPN
cjal-3363	1031	47	29	29	NUM
cjal-3363	1031	48	,	,	PUNCT
cjal-3363	1031	49	2015	2015	NUM
cjal-3363	1031	50	)	)	PUNCT
cjal-3363	1031	51	.	.	PUNCT
cjal-3363	1032	1	columbia	columbia	PROPN
cjal-3363	1032	2	journal	journal	PROPN
cjal-3363	1032	3	of	of	ADP
cjal-3363	1032	4	asian	asian	ADJ
cjal-3363	1032	5	law	law	NOUN
cjal-3363	1033	1	[	[	X
cjal-3363	1033	2	vol	vol	NOUN
cjal-3363	1033	3	.	.	PUNCT
cjal-3363	1034	1	31:1	31:1	NUM
cjal-3363	1034	2	70	70	NUM
cjal-3363	1034	3	livelihood	livelihood	NOUN
cjal-3363	1034	4	,	,	PUNCT
cjal-3363	1034	5	provide	provide	VERB
cjal-3363	1034	6	public	public	ADJ
cjal-3363	1034	7	goods	good	NOUN
cjal-3363	1034	8	,	,	PUNCT
cjal-3363	1034	9	and	and	CCONJ
cjal-3363	1034	10	increase	increase	VERB
cjal-3363	1034	11	social	social	ADJ
cjal-3363	1034	12	efficiency	efficiency	NOUN
cjal-3363	1034	13	.	.	PUNCT
cjal-3363	1035	1	205	205	NUM
cjal-3363	1036	1	the	the	DET
cjal-3363	1036	2	reform	reform	NOUN
cjal-3363	1036	3	schemes	scheme	NOUN
cjal-3363	1036	4	and	and	CCONJ
cjal-3363	1036	5	institutional	institutional	ADJ
cjal-3363	1036	6	designs	design	NOUN
cjal-3363	1036	7	for	for	ADP
cjal-3363	1036	8	soes	soe	NOUN
cjal-3363	1036	9	in	in	ADP
cjal-3363	1036	10	these	these	DET
cjal-3363	1036	11	two	two	NUM
cjal-3363	1036	12	categories	category	NOUN
cjal-3363	1036	13	are	be	AUX
cjal-3363	1036	14	different.206	different.206	PRON
cjal-3363	1036	15	sasac	sasac	NOUN
cjal-3363	1036	16	encourages	encourage	VERB
cjal-3363	1036	17	private	private	ADJ
cjal-3363	1036	18	capital	capital	NOUN
cjal-3363	1036	19	investment	investment	NOUN
cjal-3363	1036	20	in	in	ADP
cjal-3363	1036	21	business	business	NOUN
cjal-3363	1036	22	soes	soe	NOUN
cjal-3363	1036	23	and	and	CCONJ
cjal-3363	1036	24	in	in	ADP
cjal-3363	1036	25	competitive	competitive	ADJ
cjal-3363	1036	26	industries	industry	NOUN
cjal-3363	1036	27	,	,	PUNCT
cjal-3363	1036	28	while	while	SCONJ
cjal-3363	1036	29	maintaining	maintain	VERB
cjal-3363	1036	30	controlling	control	VERB
cjal-3363	1036	31	positions	position	NOUN
cjal-3363	1036	32	in	in	ADP
cjal-3363	1036	33	industries	industry	NOUN
cjal-3363	1036	34	that	that	PRON
cjal-3363	1036	35	involve	involve	VERB
cjal-3363	1036	36	national	national	ADJ
cjal-3363	1036	37	security	security	NOUN
cjal-3363	1036	38	and	and	CCONJ
cjal-3363	1036	39	economically	economically	ADV
cjal-3363	1036	40	strategic	strategic	ADJ
cjal-3363	1036	41	industries.207	industries.207	NOUN
cjal-3363	1036	42	public	public	ADJ
cjal-3363	1036	43	interest	interest	NOUN
cjal-3363	1036	44	soes	soe	NOUN
cjal-3363	1036	45	are	be	AUX
cjal-3363	1036	46	usually	usually	ADV
cjal-3363	1036	47	maintained	maintain	VERB
cjal-3363	1036	48	by	by	ADP
cjal-3363	1036	49	central	central	ADJ
cjal-3363	1036	50	and	and	CCONJ
cjal-3363	1036	51	local	local	ADJ
cjal-3363	1036	52	governments	government	NOUN
cjal-3363	1036	53	,	,	PUNCT
cjal-3363	1036	54	although	although	SCONJ
cjal-3363	1036	55	when	when	SCONJ
cjal-3363	1036	56	certain	certain	ADJ
cjal-3363	1036	57	conditions	condition	NOUN
cjal-3363	1036	58	are	be	AUX
cjal-3363	1036	59	met	meet	VERB
cjal-3363	1036	60	,	,	PUNCT
cjal-3363	1036	61	governments	government	NOUN
cjal-3363	1036	62	may	may	AUX
cjal-3363	1036	63	also	also	ADV
cjal-3363	1036	64	introduce	introduce	VERB
cjal-3363	1036	65	private	private	ADJ
cjal-3363	1036	66	investors	investor	NOUN
cjal-3363	1036	67	into	into	ADP
cjal-3363	1036	68	these	these	DET
cjal-3363	1036	69	markets	market	NOUN
cjal-3363	1036	70	.	.	PUNCT
cjal-3363	1037	1	while	while	SCONJ
cjal-3363	1037	2	these	these	DET
cjal-3363	1037	3	categorizations	categorization	NOUN
cjal-3363	1037	4	are	be	AUX
cjal-3363	1037	5	reasonable	reasonable	ADJ
cjal-3363	1037	6	,	,	PUNCT
cjal-3363	1037	7	they	they	PRON
cjal-3363	1037	8	are	be	AUX
cjal-3363	1037	9	still	still	ADV
cjal-3363	1037	10	vague	vague	ADJ
cjal-3363	1037	11	and	and	CCONJ
cjal-3363	1037	12	unworkable	unworkable	ADJ
cjal-3363	1037	13	.	.	PUNCT
cjal-3363	1038	1	for	for	ADP
cjal-3363	1038	2	example	example	NOUN
cjal-3363	1038	3	,	,	PUNCT
cjal-3363	1038	4	because	because	SCONJ
cjal-3363	1038	5	all	all	DET
cjal-3363	1038	6	soes	soe	NOUN
cjal-3363	1038	7	have	have	VERB
cjal-3363	1038	8	a	a	DET
cjal-3363	1038	9	mix	mix	NOUN
cjal-3363	1038	10	of	of	ADP
cjal-3363	1038	11	functions	function	NOUN
cjal-3363	1038	12	,	,	PUNCT
cjal-3363	1038	13	dividing	divide	VERB
cjal-3363	1038	14	soes	soe	NOUN
cjal-3363	1038	15	into	into	ADP
cjal-3363	1038	16	strict	strict	ADJ
cjal-3363	1038	17	categories	category	NOUN
cjal-3363	1038	18	of	of	ADP
cjal-3363	1038	19	business	business	NOUN
cjal-3363	1038	20	and	and	CCONJ
cjal-3363	1038	21	public	public	ADJ
cjal-3363	1038	22	interest	interest	NOUN
cjal-3363	1038	23	is	be	AUX
cjal-3363	1038	24	difficult	difficult	ADJ
cjal-3363	1038	25	.	.	PUNCT
cjal-3363	1039	1	thus	thus	ADV
cjal-3363	1039	2	,	,	PUNCT
cjal-3363	1039	3	the	the	DET
cjal-3363	1039	4	sasac	sasac	NOUN
cjal-3363	1039	5	created	create	VERB
cjal-3363	1039	6	exceptions	exception	NOUN
cjal-3363	1039	7	in	in	ADP
cjal-3363	1039	8	both	both	DET
cjal-3363	1039	9	categories	category	NOUN
cjal-3363	1039	10	.	.	PUNCT
cjal-3363	1040	1	for	for	ADP
cjal-3363	1040	2	example	example	NOUN
cjal-3363	1040	3	,	,	PUNCT
cjal-3363	1040	4	water	water	NOUN
cjal-3363	1040	5	utilities	utility	NOUN
cjal-3363	1040	6	are	be	AUX
cjal-3363	1040	7	considered	consider	VERB
cjal-3363	1040	8	public	public	ADJ
cjal-3363	1040	9	goods	good	NOUN
cjal-3363	1040	10	,	,	PUNCT
cjal-3363	1040	11	but	but	CCONJ
cjal-3363	1040	12	governments	government	NOUN
cjal-3363	1040	13	have	have	AUX
cjal-3363	1040	14	put	put	VERB
cjal-3363	1040	15	a	a	DET
cjal-3363	1040	16	lot	lot	NOUN
cjal-3363	1040	17	of	of	ADP
cjal-3363	1040	18	effort	effort	NOUN
cjal-3363	1040	19	into	into	ADP
cjal-3363	1040	20	introducing	introduce	VERB
cjal-3363	1040	21	profit	profit	NOUN
cjal-3363	1040	22	-	-	PUNCT
cjal-3363	1040	23	seeking	seek	VERB
cjal-3363	1040	24	private	private	ADJ
cjal-3363	1040	25	investors	investor	NOUN
cjal-3363	1040	26	into	into	ADP
cjal-3363	1040	27	this	this	DET
cjal-3363	1040	28	industry	industry	NOUN
cjal-3363	1040	29	.	.	PUNCT
cjal-3363	1041	1	the	the	DET
cjal-3363	1041	2	thesis	thesis	NOUN
cjal-3363	1041	3	of	of	ADP
cjal-3363	1041	4	this	this	DET
cjal-3363	1041	5	paper	paper	NOUN
cjal-3363	1041	6	presents	present	VERB
cjal-3363	1041	7	a	a	DET
cjal-3363	1041	8	better	well	ADJ
cjal-3363	1041	9	test	test	NOUN
cjal-3363	1041	10	for	for	ADP
cjal-3363	1041	11	categorization	categorization	NOUN
cjal-3363	1041	12	.	.	PUNCT
cjal-3363	1042	1	china	china	PROPN
cjal-3363	1042	2	should	should	AUX
cjal-3363	1042	3	consider	consider	VERB
cjal-3363	1042	4	selling	sell	VERB
cjal-3363	1042	5	equity	equity	NOUN
cjal-3363	1042	6	interests	interest	NOUN
cjal-3363	1042	7	in	in	ADP
cjal-3363	1042	8	soes	soe	NOUN
cjal-3363	1042	9	in	in	ADP
cjal-3363	1042	10	those	those	DET
cjal-3363	1042	11	industries	industry	NOUN
cjal-3363	1042	12	with	with	ADP
cjal-3363	1042	13	low	low	ADJ
cjal-3363	1042	14	regulatory	regulatory	ADJ
cjal-3363	1042	15	costs	cost	NOUN
cjal-3363	1042	16	.	.	PUNCT
cjal-3363	1043	1	as	as	SCONJ
cjal-3363	1043	2	regulatory	regulatory	ADJ
cjal-3363	1043	3	capacity	capacity	NOUN
cjal-3363	1043	4	develops	develop	VERB
cjal-3363	1043	5	,	,	PUNCT
cjal-3363	1043	6	the	the	DET
cjal-3363	1043	7	categorization	categorization	NOUN
cjal-3363	1043	8	of	of	ADP
cjal-3363	1043	9	different	different	ADJ
cjal-3363	1043	10	soes	soe	NOUN
cjal-3363	1043	11	should	should	AUX
cjal-3363	1043	12	adjust	adjust	VERB
cjal-3363	1043	13	accordingly	accordingly	ADV
cjal-3363	1043	14	.	.	PUNCT
cjal-3363	1044	1	an	an	DET
cjal-3363	1044	2	insurance	insurance	NOUN
cjal-3363	1044	3	company	company	NOUN
cjal-3363	1044	4	owned	own	VERB
cjal-3363	1044	5	by	by	ADP
cjal-3363	1044	6	private	private	ADJ
cjal-3363	1044	7	investors	investor	NOUN
cjal-3363	1044	8	,	,	PUNCT
cjal-3363	1044	9	for	for	ADP
cjal-3363	1044	10	example	example	NOUN
cjal-3363	1044	11	,	,	PUNCT
cjal-3363	1044	12	is	be	AUX
cjal-3363	1044	13	now	now	ADV
cjal-3363	1044	14	heavily	heavily	ADV
cjal-3363	1044	15	regulated	regulate	VERB
cjal-3363	1044	16	by	by	ADP
cjal-3363	1044	17	the	the	DET
cjal-3363	1044	18	state	state	NOUN
cjal-3363	1044	19	in	in	ADP
cjal-3363	1044	20	all	all	DET
cjal-3363	1044	21	aspects	aspect	NOUN
cjal-3363	1044	22	of	of	ADP
cjal-3363	1044	23	its	its	PRON
cjal-3363	1044	24	operations	operation	NOUN
cjal-3363	1044	25	,	,	PUNCT
cjal-3363	1044	26	including	include	VERB
cjal-3363	1044	27	its	its	PRON
cjal-3363	1044	28	appointment	appointment	NOUN
cjal-3363	1044	29	and	and	CCONJ
cjal-3363	1044	30	removal	removal	NOUN
cjal-3363	1044	31	of	of	ADP
cjal-3363	1044	32	managers	manager	NOUN
cjal-3363	1044	33	,	,	PUNCT
cjal-3363	1044	34	recruitment	recruitment	NOUN
cjal-3363	1044	35	of	of	ADP
cjal-3363	1044	36	employees	employee	NOUN
cjal-3363	1044	37	,	,	PUNCT
cjal-3363	1044	38	and	and	CCONJ
cjal-3363	1044	39	the	the	DET
cjal-3363	1044	40	purchasing	purchasing	NOUN
cjal-3363	1044	41	,	,	PUNCT
cjal-3363	1044	42	disposal	disposal	NOUN
cjal-3363	1044	43	and	and	CCONJ
cjal-3363	1044	44	investment	investment	NOUN
cjal-3363	1044	45	of	of	ADP
cjal-3363	1044	46	assets	asset	NOUN
cjal-3363	1044	47	.	.	PUNCT
cjal-3363	1045	1	given	give	VERB
cjal-3363	1045	2	that	that	SCONJ
cjal-3363	1045	3	the	the	DET
cjal-3363	1045	4	insurance	insurance	NOUN
cjal-3363	1045	5	regulatory	regulatory	ADJ
cjal-3363	1045	6	regime	regime	NOUN
cjal-3363	1045	7	is	be	AUX
cjal-3363	1045	8	quite	quite	ADV
cjal-3363	1045	9	developed	developed	ADJ
cjal-3363	1045	10	today	today	NOUN
cjal-3363	1045	11	,	,	PUNCT
cjal-3363	1045	12	the	the	DET
cjal-3363	1045	13	state	state	NOUN
cjal-3363	1045	14	may	may	AUX
cjal-3363	1045	15	consider	consider	VERB
cjal-3363	1045	16	further	far	ADV
cjal-3363	1045	17	privatizing	privatize	VERB
cjal-3363	1045	18	state	state	NOUN
cjal-3363	1045	19	-	-	PUNCT
cjal-3363	1045	20	owned	own	VERB
cjal-3363	1045	21	insurance	insurance	NOUN
cjal-3363	1045	22	companies	company	NOUN
cjal-3363	1045	23	.	.	PUNCT
cjal-3363	1046	1	to	to	PART
cjal-3363	1046	2	be	be	AUX
cjal-3363	1046	3	sure	sure	ADJ
cjal-3363	1046	4	,	,	PUNCT
cjal-3363	1046	5	the	the	DET
cjal-3363	1046	6	magnitude	magnitude	NOUN
cjal-3363	1046	7	of	of	ADP
cjal-3363	1046	8	regulatory	regulatory	ADJ
cjal-3363	1046	9	costs	cost	NOUN
cjal-3363	1046	10	in	in	ADP
cjal-3363	1046	11	each	each	DET
cjal-3363	1046	12	economic	economic	ADJ
cjal-3363	1046	13	sector	sector	NOUN
cjal-3363	1046	14	is	be	AUX
cjal-3363	1046	15	difficult	difficult	ADJ
cjal-3363	1046	16	to	to	PART
cjal-3363	1046	17	measure	measure	VERB
cjal-3363	1046	18	.	.	PUNCT
cjal-3363	1047	1	as	as	ADP
cjal-3363	1047	2	such	such	ADJ
cjal-3363	1047	3	,	,	PUNCT
cjal-3363	1047	4	china	china	PROPN
cjal-3363	1047	5	should	should	AUX
cjal-3363	1047	6	conduct	conduct	VERB
cjal-3363	1047	7	experiments	experiment	NOUN
cjal-3363	1047	8	in	in	ADP
cjal-3363	1047	9	some	some	DET
cjal-3363	1047	10	local	local	ADJ
cjal-3363	1047	11	markets	market	NOUN
cjal-3363	1047	12	in	in	ADP
cjal-3363	1047	13	order	order	NOUN
cjal-3363	1047	14	to	to	PART
cjal-3363	1047	15	gradually	gradually	ADV
cjal-3363	1047	16	develop	develop	VERB
cjal-3363	1047	17	regulatory	regulatory	ADJ
cjal-3363	1047	18	institutions	institution	NOUN
cjal-3363	1047	19	and	and	CCONJ
cjal-3363	1047	20	accumulate	accumulate	VERB
cjal-3363	1047	21	knowledge	knowledge	NOUN
cjal-3363	1047	22	about	about	ADP
cjal-3363	1047	23	regulating	regulate	VERB
cjal-3363	1047	24	private	private	ADJ
cjal-3363	1047	25	enterprises	enterprise	NOUN
cjal-3363	1047	26	in	in	ADP
cjal-3363	1047	27	those	those	DET
cjal-3363	1047	28	sectors	sector	NOUN
cjal-3363	1047	29	currently	currently	ADV
cjal-3363	1047	30	dominated	dominate	VERB
cjal-3363	1047	31	by	by	ADP
cjal-3363	1047	32	soes	soe	NOUN
cjal-3363	1047	33	.	.	PUNCT
cjal-3363	1048	1	decisions	decision	NOUN
cjal-3363	1048	2	to	to	PART
cjal-3363	1048	3	privatize	privatize	VERB
cjal-3363	1048	4	soes	soe	NOUN
cjal-3363	1048	5	should	should	AUX
cjal-3363	1048	6	be	be	AUX
cjal-3363	1048	7	made	make	VERB
cjal-3363	1048	8	based	base	VERB
cjal-3363	1048	9	on	on	ADP
cjal-3363	1048	10	evaluating	evaluate	VERB
cjal-3363	1048	11	the	the	DET
cjal-3363	1048	12	social	social	ADJ
cjal-3363	1048	13	costs	cost	NOUN
cjal-3363	1048	14	of	of	ADP
cjal-3363	1048	15	ownership	ownership	NOUN
cjal-3363	1048	16	and	and	CCONJ
cjal-3363	1048	17	regulation	regulation	NOUN
cjal-3363	1048	18	,	,	PUNCT
cjal-3363	1048	19	and	and	CCONJ
cjal-3363	1048	20	should	should	AUX
cjal-3363	1048	21	not	not	PART
cjal-3363	1048	22	be	be	AUX
cjal-3363	1048	23	influenced	influence	VERB
cjal-3363	1048	24	by	by	ADP
cjal-3363	1048	25	capture	capture	NOUN
cjal-3363	1048	26	.	.	PUNCT
cjal-3363	1049	1	205	205	NUM
cjal-3363	1050	1	i	i	PRON
cjal-3363	1050	2	d.	d.	PROPN
cjal-3363	1050	3	206	206	NUM
cjal-3363	1051	1	i	i	PRON
cjal-3363	1051	2	d.	d.	PROPN
cjal-3363	1051	3	207	207	NUM
cjal-3363	1051	4	woguo	woguo	ADV
cjal-3363	1051	5	mingque	mingque	ADJ
cjal-3363	1051	6	qida	qida	PROPN
cjal-3363	1051	7	hangye	hangye	NOUN
cjal-3363	1051	8	jiang	jiang	PROPN
cjal-3363	1052	1	you	you	PRON
cjal-3363	1052	2	guoyou	guoyou	PROPN
cjal-3363	1052	3	jingji	jingji	PROPN
cjal-3363	1052	4	baochi	baochi	PROPN
cjal-3363	1052	5	juedui	juedui	PROPN
cjal-3363	1052	6	kongzhili(我国明确七大行业将由	kongzhili(我国明确七大行业将由	PROPN
cjal-3363	1053	1	国有经济保持绝对控制力)[the	国有经济保持绝对控制力)[the	DET
cjal-3363	1053	2	state	state	NOUN
cjal-3363	1053	3	clarifies	clarify	VERB
cjal-3363	1053	4	that	that	SCONJ
cjal-3363	1053	5	the	the	DET
cjal-3363	1053	6	it	it	PRON
cjal-3363	1053	7	will	will	AUX
cjal-3363	1053	8	control	control	VERB
cjal-3363	1053	9	seven	seven	NUM
cjal-3363	1053	10	major	major	ADJ
cjal-3363	1053	11	industries	industry	NOUN
cjal-3363	1053	12	]	]	PUNCT
cjal-3363	1053	13	,	,	PUNCT
cjal-3363	1053	14	shanghai	shanghai	PROPN
cjal-3363	1053	15	zhengquanbao上海证券报	zhengquanbao上海证券报	PROPN
cjal-3363	1053	16	(	(	PUNCT
cjal-3363	1053	17	shanghai	shanghai	PROPN
cjal-3363	1053	18	securities	securities	PROPN
cjal-3363	1053	19	news	news	PROPN
cjal-3363	1053	20	)	)	PUNCT
cjal-3363	1053	21	,	,	PUNCT
cjal-3363	1053	22	dec	dec	PROPN
cjal-3363	1053	23	.	.	PROPN
cjal-3363	1053	24	19	19	NUM
cjal-3363	1053	25	,	,	PUNCT
cjal-3363	1053	26	2006	2006	NUM
cjal-3363	1053	27	,	,	PUNCT
cjal-3363	1053	28	http://news.xinhuanet.com/fortune/2006-12/19/content_5504591.htm	http://news.xinhuanet.com/fortune/2006-12/19/content_5504591.htm	PROPN
cjal-3363	1053	29	.	.	PUNCT
cjal-3363	1054	1	2017	2017	NUM
cjal-3363	1054	2	]	]	PUNCT
cjal-3363	1054	3	state	state	NOUN
cjal-3363	1054	4	ownership	ownership	NOUN
cjal-3363	1054	5	and	and	CCONJ
cjal-3363	1054	6	regulatory	regulatory	ADJ
cjal-3363	1054	7	costs	cost	NOUN
cjal-3363	1054	8	71	71	NUM
cjal-3363	1054	9	conclusion	conclusion	NOUN
cjal-3363	1054	10	despite	despite	SCONJ
cjal-3363	1054	11	the	the	DET
cjal-3363	1054	12	general	general	ADJ
cjal-3363	1054	13	understanding	understanding	NOUN
cjal-3363	1054	14	that	that	PRON
cjal-3363	1054	15	chinese	chinese	ADJ
cjal-3363	1054	16	soes	soe	NOUN
cjal-3363	1054	17	incur	incur	VERB
cjal-3363	1054	18	high	high	ADJ
cjal-3363	1054	19	ownership	ownership	NOUN
cjal-3363	1054	20	costs	cost	NOUN
cjal-3363	1054	21	,	,	PUNCT
cjal-3363	1054	22	privatizing	privatize	VERB
cjal-3363	1054	23	them	they	PRON
cjal-3363	1054	24	may	may	AUX
cjal-3363	1054	25	create	create	VERB
cjal-3363	1054	26	high	high	ADJ
cjal-3363	1054	27	regulatory	regulatory	ADJ
cjal-3363	1054	28	costs	cost	NOUN
cjal-3363	1054	29	.	.	PUNCT
cjal-3363	1055	1	regulatory	regulatory	ADJ
cjal-3363	1055	2	costs	cost	NOUN
cjal-3363	1055	3	include	include	VERB
cjal-3363	1055	4	enactment	enactment	NOUN
cjal-3363	1055	5	costs	cost	NOUN
cjal-3363	1055	6	,	,	PUNCT
cjal-3363	1055	7	enforcement	enforcement	NOUN
cjal-3363	1055	8	costs	cost	NOUN
cjal-3363	1055	9	,	,	PUNCT
cjal-3363	1055	10	and	and	CCONJ
cjal-3363	1055	11	costs	cost	NOUN
cjal-3363	1055	12	of	of	ADP
cjal-3363	1055	13	opportunistic	opportunistic	ADJ
cjal-3363	1055	14	actions	action	NOUN
cjal-3363	1055	15	.	.	PUNCT
cjal-3363	1056	1	the	the	DET
cjal-3363	1056	2	magnitude	magnitude	NOUN
cjal-3363	1056	3	of	of	ADP
cjal-3363	1056	4	regulatory	regulatory	ADJ
cjal-3363	1056	5	costs	cost	NOUN
cjal-3363	1056	6	depends	depend	VERB
cjal-3363	1056	7	on	on	ADP
cjal-3363	1056	8	the	the	DET
cjal-3363	1056	9	market	market	NOUN
cjal-3363	1056	10	structure	structure	NOUN
cjal-3363	1056	11	,	,	PUNCT
cjal-3363	1056	12	the	the	DET
cjal-3363	1056	13	nature	nature	NOUN
cjal-3363	1056	14	of	of	ADP
cjal-3363	1056	15	regulation	regulation	NOUN
cjal-3363	1056	16	,	,	PUNCT
cjal-3363	1056	17	the	the	DET
cjal-3363	1056	18	institutional	institutional	ADJ
cjal-3363	1056	19	designs	design	NOUN
cjal-3363	1056	20	of	of	ADP
cjal-3363	1056	21	the	the	DET
cjal-3363	1056	22	legal	legal	ADJ
cjal-3363	1056	23	system	system	NOUN
cjal-3363	1056	24	and	and	CCONJ
cjal-3363	1056	25	the	the	DET
cjal-3363	1056	26	regulators	regulator	NOUN
cjal-3363	1056	27	,	,	PUNCT
cjal-3363	1056	28	and	and	CCONJ
cjal-3363	1056	29	other	other	ADJ
cjal-3363	1056	30	alternative	alternative	ADJ
cjal-3363	1056	31	solutions	solution	NOUN
cjal-3363	1056	32	to	to	ADP
cjal-3363	1056	33	market	market	NOUN
cjal-3363	1056	34	failures	failure	NOUN
cjal-3363	1056	35	.	.	PUNCT
cjal-3363	1057	1	this	this	DET
cjal-3363	1057	2	thesis	thesis	NOUN
cjal-3363	1057	3	explains	explain	VERB
cjal-3363	1057	4	why	why	SCONJ
cjal-3363	1057	5	soes	soe	NOUN
cjal-3363	1057	6	are	be	AUX
cjal-3363	1057	7	still	still	ADV
cjal-3363	1057	8	prevalent	prevalent	ADJ
cjal-3363	1057	9	in	in	ADP
cjal-3363	1057	10	many	many	ADJ
cjal-3363	1057	11	sectors	sector	NOUN
cjal-3363	1057	12	in	in	ADP
cjal-3363	1057	13	china	china	PROPN
cjal-3363	1057	14	while	while	SCONJ
cjal-3363	1057	15	private	private	ADJ
cjal-3363	1057	16	enterprises	enterprise	NOUN
cjal-3363	1057	17	have	have	AUX
cjal-3363	1057	18	boomed	boom	VERB
cjal-3363	1057	19	in	in	ADP
cjal-3363	1057	20	others	other	NOUN
cjal-3363	1057	21	.	.	PUNCT
cjal-3363	1058	1	alternative	alternative	ADJ
cjal-3363	1058	2	explanations	explanation	NOUN
cjal-3363	1058	3	,	,	PUNCT
cjal-3363	1058	4	including	include	VERB
cjal-3363	1058	5	the	the	DET
cjal-3363	1058	6	theory	theory	NOUN
cjal-3363	1058	7	of	of	ADP
cjal-3363	1058	8	capture	capture	NOUN
cjal-3363	1058	9	,	,	PUNCT
cjal-3363	1058	10	do	do	AUX
cjal-3363	1058	11	not	not	PART
cjal-3363	1058	12	fully	fully	ADV
cjal-3363	1058	13	explain	explain	VERB
cjal-3363	1058	14	the	the	DET
cjal-3363	1058	15	whole	whole	ADJ
cjal-3363	1058	16	picture	picture	NOUN
cjal-3363	1058	17	.	.	PUNCT
cjal-3363	1059	1	one	one	NUM
cjal-3363	1059	2	implication	implication	NOUN
cjal-3363	1059	3	of	of	ADP
cjal-3363	1059	4	this	this	DET
cjal-3363	1059	5	thesis	thesis	NOUN
cjal-3363	1059	6	is	be	AUX
cjal-3363	1059	7	that	that	SCONJ
cjal-3363	1059	8	china	china	PROPN
cjal-3363	1059	9	should	should	AUX
cjal-3363	1059	10	seek	seek	VERB
cjal-3363	1059	11	to	to	PART
cjal-3363	1059	12	reduce	reduce	VERB
cjal-3363	1059	13	regulatory	regulatory	ADJ
cjal-3363	1059	14	costs	cost	NOUN
cjal-3363	1059	15	by	by	ADP
cjal-3363	1059	16	gradually	gradually	ADV
cjal-3363	1059	17	developing	develop	VERB
cjal-3363	1059	18	regulatory	regulatory	ADJ
cjal-3363	1059	19	institutions	institution	NOUN
cjal-3363	1059	20	that	that	PRON
cjal-3363	1059	21	enhance	enhance	VERB
cjal-3363	1059	22	its	its	PRON
cjal-3363	1059	23	capacity	capacity	NOUN
cjal-3363	1059	24	to	to	PART
cjal-3363	1059	25	regulate	regulate	VERB
cjal-3363	1059	26	private	private	ADJ
cjal-3363	1059	27	enterprises	enterprise	NOUN
cjal-3363	1059	28	.	.	PUNCT
cjal-3363	1060	1	given	give	VERB
cjal-3363	1060	2	that	that	SCONJ
cjal-3363	1060	3	some	some	DET
cjal-3363	1060	4	institutions	institution	NOUN
cjal-3363	1060	5	take	take	VERB
cjal-3363	1060	6	time	time	NOUN
cjal-3363	1060	7	to	to	PART
cjal-3363	1060	8	establish	establish	VERB
cjal-3363	1060	9	,	,	PUNCT
cjal-3363	1060	10	china	china	PROPN
cjal-3363	1060	11	should	should	AUX
cjal-3363	1060	12	consider	consider	VERB
cjal-3363	1060	13	categorizing	categorize	VERB
cjal-3363	1060	14	its	its	PRON
cjal-3363	1060	15	industries	industry	NOUN
cjal-3363	1060	16	based	base	VERB
cjal-3363	1060	17	on	on	ADP
cjal-3363	1060	18	the	the	DET
cjal-3363	1060	19	potential	potential	ADJ
cjal-3363	1060	20	regulatory	regulatory	ADJ
cjal-3363	1060	21	costs	cost	NOUN
cjal-3363	1060	22	.	.	PUNCT
cjal-3363	1061	1	then	then	ADV
cjal-3363	1061	2	,	,	PUNCT
cjal-3363	1061	3	it	it	PRON
cjal-3363	1061	4	should	should	AUX
cjal-3363	1061	5	maintain	maintain	VERB
cjal-3363	1061	6	state	state	NOUN
cjal-3363	1061	7	control	control	NOUN
cjal-3363	1061	8	over	over	ADP
cjal-3363	1061	9	those	those	DET
cjal-3363	1061	10	industries	industry	NOUN
cjal-3363	1061	11	with	with	ADP
cjal-3363	1061	12	the	the	DET
cjal-3363	1061	13	most	most	ADV
cjal-3363	1061	14	severe	severe	ADJ
cjal-3363	1061	15	regulatory	regulatory	ADJ
cjal-3363	1061	16	costs	cost	NOUN
cjal-3363	1061	17	,	,	PUNCT
cjal-3363	1061	18	and	and	CCONJ
cjal-3363	1061	19	in	in	ADP
cjal-3363	1061	20	other	other	ADJ
cjal-3363	1061	21	industries	industry	NOUN
cjal-3363	1061	22	undertake	undertake	VERB
cjal-3363	1061	23	the	the	DET
cjal-3363	1061	24	institutional	institutional	ADJ
cjal-3363	1061	25	reforms	reform	NOUN
cjal-3363	1061	26	necessary	necessary	ADJ
cjal-3363	1061	27	to	to	PART
cjal-3363	1061	28	further	far	ADV
cjal-3363	1061	29	reduce	reduce	VERB
cjal-3363	1061	30	regulatory	regulatory	ADJ
cjal-3363	1061	31	costs	cost	NOUN
cjal-3363	1061	32	in	in	ADP
cjal-3363	1061	33	order	order	NOUN
cjal-3363	1061	34	to	to	PART
cjal-3363	1061	35	create	create	VERB
cjal-3363	1061	36	additional	additional	ADJ
cjal-3363	1061	37	opportunities	opportunity	NOUN
cjal-3363	1061	38	for	for	ADP
cjal-3363	1061	39	privatization	privatization	NOUN
cjal-3363	1061	40	.	.	PUNCT
cjal-3363	1062	1	in	in	ADP
cjal-3363	1062	2	future	future	ADJ
cjal-3363	1062	3	research	research	NOUN
cjal-3363	1062	4	,	,	PUNCT
cjal-3363	1062	5	this	this	DET
cjal-3363	1062	6	idea	idea	NOUN
cjal-3363	1062	7	can	can	AUX
cjal-3363	1062	8	also	also	ADV
cjal-3363	1062	9	be	be	AUX
cjal-3363	1062	10	applied	apply	VERB
cjal-3363	1062	11	to	to	ADP
cjal-3363	1062	12	industries	industry	NOUN
cjal-3363	1062	13	,	,	PUNCT
cjal-3363	1062	14	such	such	ADJ
cjal-3363	1062	15	as	as	ADP
cjal-3363	1062	16	health	health	NOUN
cjal-3363	1062	17	-	-	PUNCT
cjal-3363	1062	18	care	care	NOUN
cjal-3363	1062	19	and	and	CCONJ
cjal-3363	1062	20	education	education	NOUN
cjal-3363	1062	21	,	,	PUNCT
cjal-3363	1062	22	and	and	CCONJ
cjal-3363	1062	23	other	other	ADJ
cjal-3363	1062	24	countries	country	NOUN
cjal-3363	1062	25	,	,	PUNCT
cjal-3363	1062	26	especially	especially	ADV
cjal-3363	1062	27	those	those	PRON
cjal-3363	1062	28	with	with	ADP
cjal-3363	1062	29	less	less	ADV
cjal-3363	1062	30	developed	developed	ADJ
cjal-3363	1062	31	regulatory	regulatory	ADJ
cjal-3363	1062	32	regimes	regime	NOUN
cjal-3363	1062	33	.	.	PUNCT
cjal-3363	1063	1	copyright	copyright	NOUN
cjal-3363	1063	2	of	of	ADP
cjal-3363	1063	3	columbia	columbia	PROPN
cjal-3363	1063	4	journal	journal	PROPN
cjal-3363	1063	5	of	of	ADP
cjal-3363	1063	6	asian	asian	ADJ
cjal-3363	1063	7	law	law	NOUN
cjal-3363	1063	8	is	be	AUX
cjal-3363	1063	9	the	the	DET
cjal-3363	1063	10	property	property	NOUN
cjal-3363	1063	11	of	of	ADP
cjal-3363	1063	12	columbia	columbia	PROPN
cjal-3363	1063	13	journal	journal	PROPN
cjal-3363	1063	14	of	of	ADP
cjal-3363	1063	15	asian	asian	ADJ
cjal-3363	1063	16	law	law	NOUN
cjal-3363	1063	17	and	and	CCONJ
cjal-3363	1063	18	its	its	PRON
cjal-3363	1063	19	content	content	NOUN
cjal-3363	1063	20	may	may	AUX
cjal-3363	1063	21	not	not	PART
cjal-3363	1063	22	be	be	AUX
cjal-3363	1063	23	copied	copy	VERB
cjal-3363	1063	24	or	or	CCONJ
cjal-3363	1063	25	emailed	email	VERB
cjal-3363	1063	26	to	to	ADP
cjal-3363	1063	27	multiple	multiple	ADJ
cjal-3363	1063	28	sites	site	NOUN
cjal-3363	1063	29	or	or	CCONJ
cjal-3363	1063	30	posted	post	VERB
cjal-3363	1063	31	to	to	ADP
cjal-3363	1063	32	a	a	DET
cjal-3363	1063	33	listserv	listserv	NOUN
cjal-3363	1063	34	without	without	ADP
cjal-3363	1063	35	the	the	DET
cjal-3363	1063	36	copyright	copyright	NOUN
cjal-3363	1063	37	holder	holder	NOUN
cjal-3363	1063	38	's	's	PART
cjal-3363	1063	39	express	express	ADJ
cjal-3363	1063	40	written	write	VERB
cjal-3363	1063	41	permission	permission	NOUN
cjal-3363	1063	42	.	.	PUNCT
cjal-3363	1064	1	however	however	ADV
cjal-3363	1064	2	,	,	PUNCT
cjal-3363	1064	3	users	user	NOUN
cjal-3363	1064	4	may	may	AUX
cjal-3363	1064	5	print	print	VERB
cjal-3363	1064	6	,	,	PUNCT
cjal-3363	1064	7	download	download	NOUN
cjal-3363	1064	8	,	,	PUNCT
cjal-3363	1064	9	or	or	CCONJ
cjal-3363	1064	10	email	email	NOUN
cjal-3363	1064	11	articles	article	NOUN
cjal-3363	1064	12	for	for	ADP
cjal-3363	1064	13	individual	individual	ADJ
cjal-3363	1064	14	use	use	NOUN
cjal-3363	1064	15	.	.	PUNCT