id	sid	tid	token	lemma	pos
dem-16103	1	1	microsoft	microsoft	PROPN
dem-16103	1	2	word	word	NOUN
dem-16103	1	3	dem_2018_5to34.docx	dem_2018_5to34.docx	ADV
dem-16103	1	4	©	©	PROPN
dem-16103	1	5	2018	2018	NUM
dem-16103	1	6	nicolaus	nicolaus	PROPN
dem-16103	1	7	copernicus	copernicus	PROPN
dem-16103	1	8	university	university	PROPN
dem-16103	1	9	.	.	PUNCT
dem-16103	2	1	all	all	DET
dem-16103	2	2	rights	right	NOUN
dem-16103	2	3	reserved	reserve	VERB
dem-16103	2	4	.	.	PUNCT
dem-16103	3	1	http://www.dem.umk.pl/dem	http://www.dem.umk.pl/dem	PROPN
dem-16103	4	1	d	d	PUNCT
dem-16103	4	2	y	y	PROPN
dem-16103	4	3	n	n	PROPN
dem-16103	4	4	a	a	PRON
dem-16103	4	5	m	m	VERB
dem-16103	5	1	i	i	NOUN
dem-16103	5	2	c	c	NOUN
dem-16103	5	3	e	e	NOUN
dem-16103	5	4	c	c	NOUN
dem-16103	5	5	o	o	X
dem-16103	6	1	n	n	INTJ
dem-16103	6	2	o	o	NOUN
dem-16103	6	3	m	m	VERB
dem-16103	7	1	e	e	NOUN
dem-16103	7	2	t	t	NOUN
dem-16103	7	3	r	r	NOUN
dem-16103	7	4	i	i	NOUN
dem-16103	7	5	c	c	NOUN
dem-16103	7	6	m	m	VERB
dem-16103	7	7	o	o	NOUN
dem-16103	7	8	d	d	X
dem-16103	7	9	e	e	X
dem-16103	7	10	l	l	NOUN
dem-16103	7	11	s	s	X
dem-16103	7	12	doi	doi	NOUN
dem-16103	7	13	:	:	PUNCT
dem-16103	7	14	http://dx.doi.org/10.12775/dem.2018.001	http://dx.doi.org/10.12775/dem.2018.001	NOUN
dem-16103	7	15	vol	vol	NOUN
dem-16103	7	16	.	.	PROPN
dem-16103	8	1	18	18	NUM
dem-16103	8	2	(	(	PUNCT
dem-16103	8	3	2018	2018	NUM
dem-16103	8	4	)	)	PUNCT
dem-16103	9	1	5−34	5−34	NUM
dem-16103	9	2	submitted	submit	VERB
dem-16103	9	3	march	march	PROPN
dem-16103	9	4	10	10	NUM
dem-16103	9	5	,	,	PUNCT
dem-16103	9	6	2018	2018	NUM
dem-16103	9	7	issn	issn	PROPN
dem-16103	9	8	(	(	PUNCT
dem-16103	9	9	online	online	ADJ
dem-16103	9	10	)	)	PUNCT
dem-16103	9	11	2450	2450	NUM
dem-16103	9	12	-	-	SYM
dem-16103	9	13	7067	7067	NUM
dem-16103	9	14	accepted	accept	VERB
dem-16103	9	15	june	june	PROPN
dem-16103	9	16	15	15	NUM
dem-16103	9	17	,	,	PUNCT
dem-16103	9	18	2018	2018	NUM
dem-16103	9	19	issn	issn	PROPN
dem-16103	9	20	(	(	PUNCT
dem-16103	9	21	print	print	NOUN
dem-16103	9	22	)	)	PUNCT
dem-16103	9	23	1234	1234	NUM
dem-16103	9	24	-	-	SYM
dem-16103	9	25	3862	3862	NUM
dem-16103	9	26	shravani	shravani	PROPN
dem-16103	9	27	sharma	sharma	PROPN
dem-16103	9	28	and	and	CCONJ
dem-16103	9	29	supran	supran	PROPN
dem-16103	9	30	kumar	kumar	PROPN
dem-16103	9	31	*	*	PROPN
dem-16103	9	32	dynamics	dynamic	NOUN
dem-16103	9	33	of	of	ADP
dem-16103	9	34	financial	financial	ADJ
dem-16103	9	35	development	development	NOUN
dem-16103	9	36	and	and	CCONJ
dem-16103	9	37	economic	economic	ADJ
dem-16103	9	38	growth	growth	NOUN
dem-16103	9	39	:	:	PUNCT
dem-16103	9	40	panel	panel	NOUN
dem-16103	9	41	data	data	VERB
dem-16103	9	42	analysis	analysis	NOUN
dem-16103	9	43	for	for	ADP
dem-16103	9	44	selected	select	VERB
dem-16103	9	45	indian	indian	ADJ
dem-16103	9	46	states	state	NOUN
dem-16103	9	47	a	a	DET
dem-16103	9	48	b	b	PROPN
dem-16103	9	49	s	s	ADP
dem-16103	9	50	t	t	PROPN
dem-16103	9	51	r	r	NOUN
dem-16103	9	52	a	a	DET
dem-16103	9	53	c	c	NOUN
dem-16103	9	54	t.	t.	NOUN
dem-16103	9	55	with	with	ADP
dem-16103	9	56	the	the	DET
dem-16103	9	57	help	help	NOUN
dem-16103	9	58	of	of	ADP
dem-16103	9	59	standard	standard	ADJ
dem-16103	9	60	refined	refined	ADJ
dem-16103	9	61	panel	panel	NOUN
dem-16103	9	62	analysis	analysis	NOUN
dem-16103	9	63	techniques	technique	NOUN
dem-16103	9	64	the	the	DET
dem-16103	9	65	present	present	ADJ
dem-16103	9	66	study	study	NOUN
dem-16103	9	67	analysed	analyse	VERB
dem-16103	9	68	the	the	DET
dem-16103	9	69	dynamics	dynamic	NOUN
dem-16103	9	70	of	of	ADP
dem-16103	9	71	causal	causal	ADJ
dem-16103	9	72	relationship	relationship	NOUN
dem-16103	9	73	between	between	ADP
dem-16103	9	74	financial	financial	ADJ
dem-16103	9	75	development	development	NOUN
dem-16103	9	76	and	and	CCONJ
dem-16103	9	77	economic	economic	ADJ
dem-16103	9	78	growth	growth	NOUN
dem-16103	9	79	for	for	ADP
dem-16103	9	80	selected	select	VERB
dem-16103	9	81	indian	indian	ADJ
dem-16103	9	82	states	state	NOUN
dem-16103	9	83	.	.	PUNCT
dem-16103	10	1	mainly	mainly	ADV
dem-16103	10	2	focusing	focus	VERB
dem-16103	10	3	on	on	ADP
dem-16103	10	4	banking	banking	NOUN
dem-16103	10	5	level	level	NOUN
dem-16103	10	6	indicators	indicator	NOUN
dem-16103	10	7	the	the	DET
dem-16103	10	8	present	present	ADJ
dem-16103	10	9	attempt	attempt	NOUN
dem-16103	10	10	measured	measure	VERB
dem-16103	10	11	the	the	DET
dem-16103	10	12	extent	extent	NOUN
dem-16103	10	13	of	of	ADP
dem-16103	10	14	financial	financial	ADJ
dem-16103	10	15	development	development	NOUN
dem-16103	10	16	in	in	ADP
dem-16103	10	17	the	the	DET
dem-16103	10	18	selected	select	VERB
dem-16103	10	19	indian	indian	ADJ
dem-16103	10	20	states	state	NOUN
dem-16103	10	21	.	.	PUNCT
dem-16103	11	1	three	three	NUM
dem-16103	11	2	major	major	ADJ
dem-16103	11	3	econometric	econometric	ADJ
dem-16103	11	4	techniques	technique	NOUN
dem-16103	11	5	including	include	VERB
dem-16103	11	6	panel	panel	NOUN
dem-16103	11	7	unit	unit	NOUN
dem-16103	11	8	root	root	NOUN
dem-16103	11	9	tests	test	NOUN
dem-16103	11	10	,	,	PUNCT
dem-16103	11	11	cointegration	cointegration	NOUN
dem-16103	11	12	tests	test	NOUN
dem-16103	11	13	and	and	CCONJ
dem-16103	11	14	finally	finally	ADV
dem-16103	11	15	the	the	DET
dem-16103	11	16	panel	panel	NOUN
dem-16103	11	17	error	error	NOUN
dem-16103	11	18	correction	correction	NOUN
dem-16103	11	19	model	model	NOUN
dem-16103	11	20	have	have	AUX
dem-16103	11	21	been	be	AUX
dem-16103	11	22	implemented	implement	VERB
dem-16103	11	23	for	for	ADP
dem-16103	11	24	identifying	identify	VERB
dem-16103	11	25	the	the	DET
dem-16103	11	26	relationship	relationship	NOUN
dem-16103	11	27	between	between	ADP
dem-16103	11	28	variables	variable	NOUN
dem-16103	11	29	.	.	PUNCT
dem-16103	12	1	firstly	firstly	ADV
dem-16103	12	2	,	,	PUNCT
dem-16103	12	3	the	the	DET
dem-16103	12	4	series	series	NOUN
dem-16103	12	5	was	be	AUX
dem-16103	12	6	tested	test	VERB
dem-16103	12	7	for	for	ADP
dem-16103	12	8	cross	cross	ADJ
dem-16103	12	9	-	-	ADJ
dem-16103	12	10	sectional	sectional	ADJ
dem-16103	12	11	independence	independence	NOUN
dem-16103	12	12	and	and	CCONJ
dem-16103	12	13	then	then	ADV
dem-16103	12	14	checked	check	VERB
dem-16103	12	15	for	for	ADP
dem-16103	12	16	the	the	DET
dem-16103	12	17	presence	presence	NOUN
dem-16103	12	18	of	of	ADP
dem-16103	12	19	unit	unit	NOUN
dem-16103	12	20	roots	root	NOUN
dem-16103	12	21	.	.	PUNCT
dem-16103	13	1	the	the	DET
dem-16103	13	2	results	result	NOUN
dem-16103	13	3	of	of	ADP
dem-16103	13	4	both	both	CCONJ
dem-16103	13	5	first	first	ADJ
dem-16103	13	6	and	and	CCONJ
dem-16103	13	7	second	second	ADJ
dem-16103	13	8	generation	generation	NOUN
dem-16103	13	9	unit	unit	NOUN
dem-16103	13	10	root	root	NOUN
dem-16103	13	11	indicated	indicate	VERB
dem-16103	13	12	an	an	DET
dem-16103	13	13	integration	integration	NOUN
dem-16103	13	14	of	of	ADP
dem-16103	13	15	order	order	NOUN
dem-16103	13	16	one	one	NUM
dem-16103	13	17	for	for	ADP
dem-16103	13	18	all	all	DET
dem-16103	13	19	the	the	DET
dem-16103	13	20	variables	variable	NOUN
dem-16103	13	21	and	and	CCONJ
dem-16103	13	22	a	a	DET
dem-16103	13	23	long	long	ADV
dem-16103	13	24	-	-	PUNCT
dem-16103	13	25	run	run	NOUN
dem-16103	13	26	relationship	relationship	NOUN
dem-16103	13	27	between	between	ADP
dem-16103	13	28	financial	financial	ADJ
dem-16103	13	29	development	development	NOUN
dem-16103	13	30	and	and	CCONJ
dem-16103	13	31	respective	respective	ADJ
dem-16103	13	32	economic	economic	ADJ
dem-16103	13	33	growth	growth	NOUN
dem-16103	13	34	indicators	indicator	NOUN
dem-16103	13	35	was	be	AUX
dem-16103	13	36	confirmed	confirm	VERB
dem-16103	13	37	by	by	ADP
dem-16103	13	38	the	the	DET
dem-16103	13	39	pedorni	pedorni	NOUN
dem-16103	13	40	’s	’s	PART
dem-16103	13	41	and	and	CCONJ
dem-16103	13	42	westerlund	westerlund	PROPN
dem-16103	13	43	’s	’s	PART
dem-16103	13	44	cointegration	cointegration	NOUN
dem-16103	13	45	tests	test	NOUN
dem-16103	13	46	.	.	PUNCT
dem-16103	14	1	the	the	DET
dem-16103	14	2	results	result	NOUN
dem-16103	14	3	of	of	ADP
dem-16103	14	4	the	the	DET
dem-16103	14	5	present	present	ADJ
dem-16103	14	6	study	study	NOUN
dem-16103	14	7	emphasized	emphasize	VERB
dem-16103	14	8	on	on	ADP
dem-16103	14	9	the	the	DET
dem-16103	14	10	critical	critical	ADJ
dem-16103	14	11	role	role	NOUN
dem-16103	14	12	of	of	ADP
dem-16103	14	13	credit	credit	NOUN
dem-16103	14	14	provided	provide	VERB
dem-16103	14	15	by	by	ADP
dem-16103	14	16	banks	bank	NOUN
dem-16103	14	17	in	in	ADP
dem-16103	14	18	the	the	DET
dem-16103	14	19	process	process	NOUN
dem-16103	14	20	of	of	ADP
dem-16103	14	21	long	long	ADJ
dem-16103	14	22	run	run	ADJ
dem-16103	14	23	economic	economic	ADJ
dem-16103	14	24	growth	growth	NOUN
dem-16103	14	25	across	across	ADP
dem-16103	14	26	states	state	NOUN
dem-16103	14	27	.	.	PUNCT
dem-16103	15	1	apart	apart	ADV
dem-16103	15	2	from	from	ADP
dem-16103	15	3	this	this	PRON
dem-16103	15	4	the	the	DET
dem-16103	15	5	results	result	NOUN
dem-16103	15	6	of	of	ADP
dem-16103	15	7	the	the	DET
dem-16103	15	8	study	study	NOUN
dem-16103	15	9	highlighted	highlight	VERB
dem-16103	15	10	a	a	DET
dem-16103	15	11	very	very	ADV
dem-16103	15	12	relevant	relevant	ADJ
dem-16103	15	13	fact	fact	NOUN
dem-16103	15	14	that	that	SCONJ
dem-16103	15	15	the	the	DET
dem-16103	15	16	indian	indian	ADJ
dem-16103	15	17	economy	economy	NOUN
dem-16103	15	18	has	have	AUX
dem-16103	15	19	a	a	DET
dem-16103	15	20	lot	lot	NOUN
dem-16103	15	21	of	of	ADP
dem-16103	15	22	scope	scope	NOUN
dem-16103	15	23	in	in	ADP
dem-16103	15	24	harvesting	harvest	VERB
dem-16103	15	25	the	the	DET
dem-16103	15	26	less	less	ADV
dem-16103	15	27	financially	financially	ADV
dem-16103	15	28	developed	develop	VERB
dem-16103	15	29	areas	area	NOUN
dem-16103	15	30	of	of	ADP
dem-16103	15	31	the	the	DET
dem-16103	15	32	states	state	NOUN
dem-16103	15	33	which	which	PRON
dem-16103	15	34	can	can	AUX
dem-16103	15	35	run	run	VERB
dem-16103	15	36	rapidly	rapidly	ADV
dem-16103	15	37	on	on	ADP
dem-16103	15	38	the	the	DET
dem-16103	15	39	greeny	greeny	NOUN
dem-16103	15	40	path	path	NOUN
dem-16103	15	41	of	of	ADP
dem-16103	15	42	dynamic	dynamic	ADJ
dem-16103	15	43	and	and	CCONJ
dem-16103	15	44	sharp	sharp	ADJ
dem-16103	15	45	long	long	ADJ
dem-16103	15	46	term	term	NOUN
dem-16103	15	47	sustainable	sustainable	ADJ
dem-16103	15	48	economic	economic	ADJ
dem-16103	15	49	growth	growth	NOUN
dem-16103	15	50	.	.	PUNCT
dem-16103	16	1	k	k	PROPN
dem-16103	16	2	e	e	PROPN
dem-16103	16	3	y	y	PROPN
dem-16103	16	4	w	w	NOUN
dem-16103	16	5	o	o	NOUN
dem-16103	16	6	r	r	NOUN
dem-16103	16	7	d	d	X
dem-16103	16	8	s	s	NOUN
dem-16103	16	9	:	:	PUNCT
dem-16103	16	10	causality	causality	NOUN
dem-16103	16	11	;	;	PUNCT
dem-16103	16	12	economic	economic	ADJ
dem-16103	16	13	growth	growth	NOUN
dem-16103	16	14	;	;	PUNCT
dem-16103	16	15	financial	financial	ADJ
dem-16103	16	16	development	development	NOUN
dem-16103	16	17	;	;	PUNCT
dem-16103	16	18	panel	panel	NOUN
dem-16103	16	19	data	datum	NOUN
dem-16103	16	20	;	;	PUNCT
dem-16103	16	21	unit	unit	NOUN
dem-16103	16	22	root	root	NOUN
dem-16103	16	23	.	.	PUNCT
dem-16103	17	1	j	j	PROPN
dem-16103	17	2	e	e	PROPN
dem-16103	17	3	l	l	PROPN
dem-16103	17	4	classification	classification	NOUN
dem-16103	17	5	:	:	PUNCT
dem-16103	17	6	g21	g21	PROPN
dem-16103	17	7	;	;	PUNCT
dem-16103	17	8	c23	c23	PROPN
dem-16103	17	9	;	;	PUNCT
dem-16103	17	10	o40	o40	NOUN
dem-16103	17	11	.	.	PUNCT
dem-16103	18	1	*	*	PUNCT
dem-16103	18	2	correspondence	correspondence	NOUN
dem-16103	18	3	to	to	ADP
dem-16103	18	4	:	:	PUNCT
dem-16103	18	5	shravani	shravani	PROPN
dem-16103	18	6	sharma	sharma	PROPN
dem-16103	18	7	,	,	PUNCT
dem-16103	18	8	faculty	faculty	NOUN
dem-16103	18	9	of	of	ADP
dem-16103	18	10	management	management	NOUN
dem-16103	18	11	,	,	PUNCT
dem-16103	18	12	school	school	NOUN
dem-16103	18	13	of	of	ADP
dem-16103	18	14	business	business	NOUN
dem-16103	18	15	,	,	PUNCT
dem-16103	18	16	shri	shri	PROPN
dem-16103	18	17	mata	mata	PROPN
dem-16103	18	18	vaishno	vaishno	PROPN
dem-16103	18	19	devi	devi	PROPN
dem-16103	18	20	university	university	PROPN
dem-16103	18	21	,	,	PUNCT
dem-16103	18	22	katra	katra	PROPN
dem-16103	18	23	,	,	PUNCT
dem-16103	18	24	jammu	jammu	PROPN
dem-16103	18	25	&	&	CCONJ
dem-16103	18	26	kashmir	kashmir	PROPN
dem-16103	18	27	(	(	PUNCT
dem-16103	18	28	india	india	PROPN
dem-16103	18	29	)	)	PUNCT
dem-16103	18	30	,	,	PUNCT
dem-16103	18	31	e	e	X
dem-16103	18	32	-	-	NOUN
dem-16103	18	33	mail	mail	NOUN
dem-16103	18	34	:	:	PUNCT
dem-16103	18	35	shravanisharma06@gmail.com	shravanisharma06@gmail.com	PROPN
dem-16103	18	36	;	;	PUNCT
dem-16103	18	37	supran	supran	PROPN
dem-16103	18	38	kumar	kumar	PROPN
dem-16103	18	39	,	,	PUNCT
dem-16103	18	40	faculty	faculty	NOUN
dem-16103	18	41	of	of	ADP
dem-16103	18	42	management	management	NOUN
dem-16103	18	43	,	,	PUNCT
dem-16103	18	44	school	school	NOUN
dem-16103	18	45	of	of	ADP
dem-16103	18	46	business	business	NOUN
dem-16103	18	47	,	,	PUNCT
dem-16103	18	48	faculty	faculty	NOUN
dem-16103	18	49	of	of	ADP
dem-16103	18	50	management	management	NOUN
dem-16103	18	51	,	,	PUNCT
dem-16103	18	52	shri	shri	PROPN
dem-16103	18	53	mata	mata	PROPN
dem-16103	18	54	vaishno	vaishno	PROPN
dem-16103	18	55	devi	devi	PROPN
dem-16103	18	56	university	university	PROPN
dem-16103	18	57	,	,	PUNCT
dem-16103	18	58	katra	katra	PROPN
dem-16103	18	59	,	,	PUNCT
dem-16103	18	60	jammu	jammu	PROPN
dem-16103	18	61	&	&	CCONJ
dem-16103	18	62	kashmir	kashmir	PROPN
dem-16103	18	63	(	(	PUNCT
dem-16103	18	64	india	india	PROPN
dem-16103	18	65	)	)	PUNCT
dem-16103	18	66	e	e	NOUN
dem-16103	18	67	-	-	NOUN
dem-16103	18	68	mail	mail	NOUN
dem-16103	18	69	:	:	PUNCT
dem-16103	18	70	suparn329@yahoo.co.in	suparn329@yahoo.co.in	NOUN
dem-16103	18	71	.	.	PROPN
dem-16103	18	72	shravani	shravani	PROPN
dem-16103	18	73	sharma	sharma	PROPN
dem-16103	18	74	and	and	CCONJ
dem-16103	18	75	supran	supran	PROPN
dem-16103	18	76	kumar	kumar	PROPN
dem-16103	18	77	dynamic	dynamic	PROPN
dem-16103	18	78	econometric	econometric	ADJ
dem-16103	18	79	models	model	NOUN
dem-16103	18	80	18	18	NUM
dem-16103	18	81	(	(	PUNCT
dem-16103	18	82	2018	2018	NUM
dem-16103	18	83	)	)	PUNCT
dem-16103	18	84	5–34	5–34	NOUN
dem-16103	18	85	6	6	NUM
dem-16103	18	86	introduction	introduction	NOUN
dem-16103	18	87	the	the	DET
dem-16103	18	88	pace	pace	NOUN
dem-16103	18	89	of	of	ADP
dem-16103	18	90	provincial	provincial	ADJ
dem-16103	18	91	and	and	CCONJ
dem-16103	18	92	national	national	ADJ
dem-16103	18	93	economic	economic	ADJ
dem-16103	18	94	growth	growth	NOUN
dem-16103	18	95	of	of	ADP
dem-16103	18	96	an	an	DET
dem-16103	18	97	economy	economy	NOUN
dem-16103	18	98	is	be	AUX
dem-16103	18	99	primarily	primarily	ADV
dem-16103	18	100	depicted	depict	VERB
dem-16103	18	101	by	by	ADP
dem-16103	18	102	positive	positive	ADJ
dem-16103	18	103	and	and	CCONJ
dem-16103	18	104	continuous	continuous	ADJ
dem-16103	18	105	transformation	transformation	NOUN
dem-16103	18	106	in	in	ADP
dem-16103	18	107	the	the	DET
dem-16103	18	108	level	level	NOUN
dem-16103	18	109	of	of	ADP
dem-16103	18	110	production	production	NOUN
dem-16103	18	111	of	of	ADP
dem-16103	18	112	goods	good	NOUN
dem-16103	18	113	and	and	CCONJ
dem-16103	18	114	services	service	NOUN
dem-16103	18	115	.	.	PUNCT
dem-16103	19	1	the	the	DET
dem-16103	19	2	continuous	continuous	ADJ
dem-16103	19	3	evolvement	evolvement	NOUN
dem-16103	19	4	in	in	ADP
dem-16103	19	5	the	the	DET
dem-16103	19	6	production	production	NOUN
dem-16103	19	7	of	of	ADP
dem-16103	19	8	goods	good	NOUN
dem-16103	19	9	and	and	CCONJ
dem-16103	19	10	services	service	NOUN
dem-16103	19	11	directly	directly	ADV
dem-16103	19	12	depends	depend	VERB
dem-16103	19	13	upon	upon	SCONJ
dem-16103	19	14	the	the	DET
dem-16103	19	15	capability	capability	NOUN
dem-16103	19	16	of	of	ADP
dem-16103	19	17	an	an	DET
dem-16103	19	18	economy	economy	NOUN
dem-16103	19	19	in	in	ADP
dem-16103	19	20	efficient	efficient	ADJ
dem-16103	19	21	utilization	utilization	NOUN
dem-16103	19	22	of	of	ADP
dem-16103	19	23	its	its	PRON
dem-16103	19	24	available	available	ADJ
dem-16103	19	25	physical	physical	ADJ
dem-16103	19	26	and	and	CCONJ
dem-16103	19	27	human	human	ADJ
dem-16103	19	28	resources	resource	NOUN
dem-16103	19	29	.	.	PUNCT
dem-16103	20	1	moreover	moreover	ADV
dem-16103	20	2	,	,	PUNCT
dem-16103	20	3	effective	effective	ADJ
dem-16103	20	4	aggregation	aggregation	NOUN
dem-16103	20	5	of	of	ADP
dem-16103	20	6	physical	physical	ADJ
dem-16103	20	7	and	and	CCONJ
dem-16103	20	8	human	human	ADJ
dem-16103	20	9	capital	capital	NOUN
dem-16103	20	10	is	be	AUX
dem-16103	20	11	basically	basically	ADV
dem-16103	20	12	catalysed	catalyse	VERB
dem-16103	20	13	and	and	CCONJ
dem-16103	20	14	promoted	promote	VERB
dem-16103	20	15	by	by	ADP
dem-16103	20	16	productive	productive	ADJ
dem-16103	20	17	financial	financial	ADJ
dem-16103	20	18	intermediation	intermediation	NOUN
dem-16103	20	19	(	(	PUNCT
dem-16103	20	20	fitzgerald	fitzgerald	NOUN
dem-16103	20	21	,	,	PUNCT
dem-16103	20	22	2006	2006	NUM
dem-16103	20	23	)	)	PUNCT
dem-16103	20	24	.	.	PUNCT
dem-16103	21	1	this	this	DET
dem-16103	21	2	accumulation	accumulation	NOUN
dem-16103	21	3	requires	require	VERB
dem-16103	21	4	regular	regular	ADJ
dem-16103	21	5	mobilization	mobilization	NOUN
dem-16103	21	6	of	of	ADP
dem-16103	21	7	foreign	foreign	ADJ
dem-16103	21	8	and	and	CCONJ
dem-16103	21	9	domestic	domestic	ADJ
dem-16103	21	10	savings	saving	NOUN
dem-16103	21	11	by	by	ADP
dem-16103	21	12	discovering	discover	VERB
dem-16103	21	13	the	the	DET
dem-16103	21	14	productive	productive	ADJ
dem-16103	21	15	projects	project	NOUN
dem-16103	21	16	,	,	PUNCT
dem-16103	21	17	meanwhile	meanwhile	ADV
dem-16103	21	18	also	also	ADV
dem-16103	21	19	keeping	keep	VERB
dem-16103	21	20	proper	proper	ADJ
dem-16103	21	21	checks	check	NOUN
dem-16103	21	22	on	on	ADP
dem-16103	21	23	the	the	DET
dem-16103	21	24	working	working	NOUN
dem-16103	21	25	of	of	ADP
dem-16103	21	26	these	these	DET
dem-16103	21	27	projects	project	NOUN
dem-16103	21	28	(	(	PUNCT
dem-16103	21	29	goldsmith	goldsmith	NOUN
dem-16103	21	30	,	,	PUNCT
dem-16103	21	31	1969	1969	NUM
dem-16103	21	32	)	)	PUNCT
dem-16103	21	33	and	and	CCONJ
dem-16103	21	34	here	here	ADV
dem-16103	21	35	,	,	PUNCT
dem-16103	21	36	it	it	PRON
dem-16103	21	37	is	be	AUX
dem-16103	21	38	pertinent	pertinent	ADJ
dem-16103	21	39	to	to	PART
dem-16103	21	40	mention	mention	VERB
dem-16103	21	41	that	that	SCONJ
dem-16103	21	42	the	the	DET
dem-16103	21	43	monitoring	monitoring	NOUN
dem-16103	21	44	of	of	ADP
dem-16103	21	45	a	a	DET
dem-16103	21	46	project	project	NOUN
dem-16103	21	47	is	be	AUX
dem-16103	21	48	facilitated	facilitate	VERB
dem-16103	21	49	by	by	ADP
dem-16103	21	50	an	an	DET
dem-16103	21	51	effective	effective	ADJ
dem-16103	21	52	and	and	CCONJ
dem-16103	21	53	sound	sound	ADJ
dem-16103	21	54	financial	financial	ADJ
dem-16103	21	55	system	system	NOUN
dem-16103	21	56	.	.	PUNCT
dem-16103	22	1	financial	financial	ADJ
dem-16103	22	2	system	system	NOUN
dem-16103	22	3	is	be	AUX
dem-16103	22	4	considered	consider	VERB
dem-16103	22	5	as	as	ADP
dem-16103	22	6	the	the	DET
dem-16103	22	7	mainstay	mainstay	NOUN
dem-16103	22	8	of	of	ADP
dem-16103	22	9	an	an	DET
dem-16103	22	10	economy	economy	NOUN
dem-16103	22	11	.	.	PUNCT
dem-16103	23	1	effective	effective	ADJ
dem-16103	23	2	and	and	CCONJ
dem-16103	23	3	conducive	conducive	ADJ
dem-16103	23	4	financial	financial	ADJ
dem-16103	23	5	system	system	NOUN
dem-16103	23	6	is	be	AUX
dem-16103	23	7	instrumental	instrumental	ADJ
dem-16103	23	8	in	in	ADP
dem-16103	23	9	providing	provide	VERB
dem-16103	23	10	sound	sound	NOUN
dem-16103	23	11	and	and	CCONJ
dem-16103	23	12	progressive	progressive	ADJ
dem-16103	23	13	business	business	NOUN
dem-16103	23	14	environment	environment	NOUN
dem-16103	23	15	.	.	PUNCT
dem-16103	24	1	however	however	ADV
dem-16103	24	2	,	,	PUNCT
dem-16103	24	3	endowment	endowment	NOUN
dem-16103	24	4	of	of	ADP
dem-16103	24	5	this	this	DET
dem-16103	24	6	environment	environment	NOUN
dem-16103	24	7	as	as	ADV
dem-16103	24	8	well	well	ADV
dem-16103	24	9	as	as	ADP
dem-16103	24	10	financial	financial	ADJ
dem-16103	24	11	infrastructure	infrastructure	NOUN
dem-16103	24	12	is	be	AUX
dem-16103	24	13	indeed	indeed	ADV
dem-16103	24	14	a	a	DET
dem-16103	24	15	crucial	crucial	ADJ
dem-16103	24	16	challenge	challenge	NOUN
dem-16103	24	17	faced	face	VERB
dem-16103	24	18	by	by	ADP
dem-16103	24	19	a	a	DET
dem-16103	24	20	nation	nation	NOUN
dem-16103	24	21	.	.	PUNCT
dem-16103	25	1	it	it	PRON
dem-16103	25	2	is	be	AUX
dem-16103	25	3	suggested	suggest	VERB
dem-16103	25	4	that	that	SCONJ
dem-16103	25	5	countries	country	NOUN
dem-16103	25	6	which	which	PRON
dem-16103	25	7	do	do	VERB
dem-16103	25	8	well	well	ADV
dem-16103	25	9	in	in	ADP
dem-16103	25	10	terms	term	NOUN
dem-16103	25	11	of	of	ADP
dem-16103	25	12	financial	financial	ADJ
dem-16103	25	13	development	development	NOUN
dem-16103	25	14	for	for	ADP
dem-16103	25	15	constant	constant	ADJ
dem-16103	25	16	period	period	NOUN
dem-16103	25	17	of	of	ADP
dem-16103	25	18	time	time	NOUN
dem-16103	25	19	are	be	AUX
dem-16103	25	20	equally	equally	ADV
dem-16103	25	21	productive	productive	ADJ
dem-16103	25	22	on	on	ADP
dem-16103	25	23	the	the	DET
dem-16103	25	24	front	front	NOUN
dem-16103	25	25	of	of	ADP
dem-16103	25	26	reduction	reduction	NOUN
dem-16103	25	27	of	of	ADP
dem-16103	25	28	their	their	PRON
dem-16103	25	29	poverty	poverty	NOUN
dem-16103	25	30	level	level	NOUN
dem-16103	25	31	and	and	CCONJ
dem-16103	25	32	generation	generation	NOUN
dem-16103	25	33	of	of	ADP
dem-16103	25	34	better	well	ADJ
dem-16103	25	35	infrastructure	infrastructure	NOUN
dem-16103	25	36	as	as	ADV
dem-16103	25	37	well	well	ADV
dem-16103	25	38	(	(	PUNCT
dem-16103	25	39	barro	barro	PROPN
dem-16103	25	40	,	,	PUNCT
dem-16103	25	41	1996	1996	NUM
dem-16103	25	42	)	)	PUNCT
dem-16103	25	43	.	.	PUNCT
dem-16103	26	1	thus	thus	ADV
dem-16103	26	2	,	,	PUNCT
dem-16103	26	3	financial	financial	ADJ
dem-16103	26	4	development	development	NOUN
dem-16103	26	5	entails	entail	VERB
dem-16103	26	6	for	for	ADP
dem-16103	26	7	the	the	DET
dem-16103	26	8	establishment	establishment	NOUN
dem-16103	26	9	and	and	CCONJ
dem-16103	26	10	development	development	NOUN
dem-16103	26	11	of	of	ADP
dem-16103	26	12	financial	financial	ADJ
dem-16103	26	13	institutions	institution	NOUN
dem-16103	26	14	which	which	PRON
dem-16103	26	15	consequently	consequently	ADV
dem-16103	26	16	promote	promote	VERB
dem-16103	26	17	growth	growth	NOUN
dem-16103	26	18	and	and	CCONJ
dem-16103	26	19	investment	investment	NOUN
dem-16103	26	20	process	process	NOUN
dem-16103	26	21	.	.	PUNCT
dem-16103	27	1	available	available	ADJ
dem-16103	27	2	literature	literature	NOUN
dem-16103	27	3	on	on	ADP
dem-16103	27	4	financial	financial	ADJ
dem-16103	27	5	development	development	NOUN
dem-16103	27	6	and	and	CCONJ
dem-16103	27	7	economic	economic	ADJ
dem-16103	27	8	growth	growth	NOUN
dem-16103	27	9	specifies	specifie	NOUN
dem-16103	27	10	that	that	PRON
dem-16103	27	11	apart	apart	ADV
dem-16103	27	12	from	from	ADP
dem-16103	27	13	managing	manage	VERB
dem-16103	27	14	the	the	DET
dem-16103	27	15	savings	saving	NOUN
dem-16103	27	16	of	of	ADP
dem-16103	27	17	individuals	individual	NOUN
dem-16103	27	18	as	as	ADV
dem-16103	27	19	well	well	ADV
dem-16103	27	20	as	as	ADP
dem-16103	27	21	groups	group	NOUN
dem-16103	27	22	,	,	PUNCT
dem-16103	27	23	credit	credit	NOUN
dem-16103	27	24	allocation	allocation	NOUN
dem-16103	27	25	in	in	ADP
dem-16103	27	26	financial	financial	ADJ
dem-16103	27	27	system	system	NOUN
dem-16103	27	28	plays	play	VERB
dem-16103	27	29	a	a	DET
dem-16103	27	30	very	very	ADV
dem-16103	27	31	prominent	prominent	ADJ
dem-16103	27	32	role	role	NOUN
dem-16103	27	33	since	since	SCONJ
dem-16103	27	34	it	it	PRON
dem-16103	27	35	is	be	AUX
dem-16103	27	36	considered	consider	VERB
dem-16103	27	37	as	as	ADP
dem-16103	27	38	the	the	DET
dem-16103	27	39	key	key	NOUN
dem-16103	27	40	for	for	ADP
dem-16103	27	41	rational	rational	ADJ
dem-16103	27	42	and	and	CCONJ
dem-16103	27	43	inclusive	inclusive	ADJ
dem-16103	27	44	economic	economic	ADJ
dem-16103	27	45	development	development	NOUN
dem-16103	27	46	.	.	PUNCT
dem-16103	28	1	modern	modern	ADJ
dem-16103	28	2	concept	concept	NOUN
dem-16103	28	3	of	of	ADP
dem-16103	28	4	economic	economic	ADJ
dem-16103	28	5	growth	growth	NOUN
dem-16103	28	6	suggests	suggest	VERB
dem-16103	28	7	that	that	SCONJ
dem-16103	28	8	rational	rational	ADJ
dem-16103	28	9	allocation	allocation	NOUN
dem-16103	28	10	of	of	ADP
dem-16103	28	11	capital	capital	NOUN
dem-16103	28	12	investment	investment	NOUN
dem-16103	28	13	increases	increase	VERB
dem-16103	28	14	the	the	DET
dem-16103	28	15	effectiveness	effectiveness	NOUN
dem-16103	28	16	of	of	ADP
dem-16103	28	17	financial	financial	ADJ
dem-16103	28	18	institutions	institution	NOUN
dem-16103	28	19	which	which	PRON
dem-16103	28	20	in	in	ADP
dem-16103	28	21	turn	turn	NOUN
dem-16103	28	22	promotes	promote	VERB
dem-16103	28	23	emergence	emergence	NOUN
dem-16103	28	24	and	and	CCONJ
dem-16103	28	25	growth	growth	NOUN
dem-16103	28	26	of	of	ADP
dem-16103	28	27	an	an	DET
dem-16103	28	28	economy	economy	NOUN
dem-16103	28	29	(	(	PUNCT
dem-16103	28	30	yang	yang	PROPN
dem-16103	28	31	and	and	CCONJ
dem-16103	28	32	yi	yi	PROPN
dem-16103	28	33	,	,	PUNCT
dem-16103	28	34	2007	2007	NUM
dem-16103	28	35	)	)	PUNCT
dem-16103	28	36	.	.	PUNCT
dem-16103	29	1	financial	financial	ADJ
dem-16103	29	2	development	development	NOUN
dem-16103	29	3	is	be	AUX
dem-16103	29	4	considered	consider	VERB
dem-16103	29	5	as	as	ADP
dem-16103	29	6	one	one	NUM
dem-16103	29	7	of	of	ADP
dem-16103	29	8	the	the	DET
dem-16103	29	9	major	major	ADJ
dem-16103	29	10	policy	policy	NOUN
dem-16103	29	11	areas	area	NOUN
dem-16103	29	12	for	for	ADP
dem-16103	29	13	enhancing	enhance	VERB
dem-16103	29	14	the	the	DET
dem-16103	29	15	economic	economic	ADJ
dem-16103	29	16	efficiency	efficiency	NOUN
dem-16103	29	17	and	and	CCONJ
dem-16103	29	18	simultaneously	simultaneously	ADV
dem-16103	29	19	economic	economic	ADJ
dem-16103	29	20	growth	growth	NOUN
dem-16103	29	21	of	of	ADP
dem-16103	29	22	an	an	DET
dem-16103	29	23	economy	economy	NOUN
dem-16103	29	24	.	.	PUNCT
dem-16103	30	1	in	in	ADP
dem-16103	30	2	the	the	DET
dem-16103	30	3	present	present	ADJ
dem-16103	30	4	context	context	NOUN
dem-16103	30	5	,	,	PUNCT
dem-16103	30	6	financial	financial	ADJ
dem-16103	30	7	system	system	NOUN
dem-16103	30	8	is	be	AUX
dem-16103	30	9	one	one	NUM
dem-16103	30	10	of	of	ADP
dem-16103	30	11	such	such	ADJ
dem-16103	30	12	inputs	input	NOUN
dem-16103	30	13	which	which	PRON
dem-16103	30	14	propel	propel	VERB
dem-16103	30	15	the	the	DET
dem-16103	30	16	economic	economic	ADJ
dem-16103	30	17	growth	growth	NOUN
dem-16103	30	18	of	of	ADP
dem-16103	30	19	a	a	DET
dem-16103	30	20	country	country	NOUN
dem-16103	30	21	with	with	ADP
dem-16103	30	22	its	its	PRON
dem-16103	30	23	slow	slow	ADJ
dem-16103	30	24	accumulation	accumulation	NOUN
dem-16103	30	25	.	.	PUNCT
dem-16103	31	1	there	there	PRON
dem-16103	31	2	are	be	VERB
dem-16103	31	3	variety	variety	NOUN
dem-16103	31	4	of	of	ADP
dem-16103	31	5	ways	way	NOUN
dem-16103	31	6	through	through	ADP
dem-16103	31	7	which	which	PRON
dem-16103	31	8	the	the	DET
dem-16103	31	9	financial	financial	ADJ
dem-16103	31	10	system	system	NOUN
dem-16103	31	11	can	can	AUX
dem-16103	31	12	affect	affect	VERB
dem-16103	31	13	the	the	DET
dem-16103	31	14	economic	economic	ADJ
dem-16103	31	15	growth	growth	NOUN
dem-16103	31	16	of	of	ADP
dem-16103	31	17	any	any	DET
dem-16103	31	18	economy	economy	NOUN
dem-16103	31	19	.	.	PUNCT
dem-16103	32	1	here	here	ADV
dem-16103	32	2	,	,	PUNCT
dem-16103	32	3	it	it	PRON
dem-16103	32	4	is	be	AUX
dem-16103	32	5	worth	worth	ADJ
dem-16103	32	6	mentioning	mention	VERB
dem-16103	32	7	that	that	SCONJ
dem-16103	32	8	a	a	DET
dem-16103	32	9	more	more	ADV
dem-16103	32	10	developed	developed	ADJ
dem-16103	32	11	financial	financial	ADJ
dem-16103	32	12	system	system	NOUN
dem-16103	32	13	accesses	access	NOUN
dem-16103	32	14	and	and	CCONJ
dem-16103	32	15	thus	thus	ADV
dem-16103	32	16	,	,	PUNCT
dem-16103	32	17	in	in	ADP
dem-16103	32	18	turn	turn	NOUN
dem-16103	32	19	utilizes	utilize	VERB
dem-16103	32	20	correct	correct	ADJ
dem-16103	32	21	information	information	NOUN
dem-16103	32	22	about	about	ADP
dem-16103	32	23	the	the	DET
dem-16103	32	24	borrowers	borrower	NOUN
dem-16103	32	25	of	of	ADP
dem-16103	32	26	funds	fund	NOUN
dem-16103	32	27	(	(	PUNCT
dem-16103	32	28	boyd	boyd	NOUN
dem-16103	32	29	and	and	CCONJ
dem-16103	32	30	prescott	prescott	PROPN
dem-16103	32	31	,	,	PUNCT
dem-16103	32	32	1986	1986	NUM
dem-16103	32	33	)	)	PUNCT
dem-16103	32	34	.	.	PUNCT
dem-16103	33	1	moreover	moreover	ADV
dem-16103	33	2	,	,	PUNCT
dem-16103	33	3	a	a	DET
dem-16103	33	4	more	more	ADV
dem-16103	33	5	developed	developed	ADJ
dem-16103	33	6	and	and	CCONJ
dem-16103	33	7	sound	sound	ADJ
dem-16103	33	8	financial	financial	ADJ
dem-16103	33	9	system	system	NOUN
dem-16103	33	10	will	will	AUX
dem-16103	33	11	also	also	ADV
dem-16103	33	12	provide	provide	VERB
dem-16103	33	13	more	more	ADJ
dem-16103	33	14	reliable	reliable	ADJ
dem-16103	33	15	database	database	NOUN
dem-16103	33	16	regarding	regard	VERB
dem-16103	33	17	the	the	DET
dem-16103	33	18	prospective	prospective	ADJ
dem-16103	33	19	clients	client	NOUN
dem-16103	33	20	to	to	PART
dem-16103	33	21	deal	deal	VERB
dem-16103	33	22	with	with	ADP
dem-16103	33	23	and	and	CCONJ
dem-16103	33	24	thus	thus	ADV
dem-16103	33	25	,	,	PUNCT
dem-16103	33	26	will	will	AUX
dem-16103	33	27	in	in	ADP
dem-16103	33	28	turn	turn	VERB
dem-16103	33	29	help	help	NOUN
dem-16103	33	30	in	in	ADP
dem-16103	33	31	channeling	channel	VERB
dem-16103	33	32	the	the	DET
dem-16103	33	33	resources	resource	NOUN
dem-16103	33	34	to	to	ADP
dem-16103	33	35	higher	high	ADJ
dem-16103	33	36	yielding	yield	VERB
dem-16103	33	37	projects	project	NOUN
dem-16103	33	38	.	.	PUNCT
dem-16103	34	1	so	so	ADV
dem-16103	34	2	,	,	PUNCT
dem-16103	34	3	development	development	NOUN
dem-16103	34	4	dynamics	dynamic	NOUN
dem-16103	34	5	of	of	ADP
dem-16103	34	6	financial	financial	ADJ
dem-16103	34	7	development	development	NOUN
dem-16103	34	8	and	and	CCONJ
dem-16103	34	9	economic	economic	ADJ
dem-16103	34	10	growth	growth	NOUN
dem-16103	34	11	:	:	PUNCT
dem-16103	34	12	panel	panel	NOUN
dem-16103	34	13	data	data	VERB
dem-16103	34	14	analysis	analysis	NOUN
dem-16103	34	15	…	…	SYM
dem-16103	34	16	dynamic	dynamic	ADJ
dem-16103	34	17	econometric	econometric	ADJ
dem-16103	34	18	models	model	NOUN
dem-16103	34	19	18	18	NUM
dem-16103	34	20	(	(	PUNCT
dem-16103	34	21	2018	2018	NUM
dem-16103	34	22	)	)	PUNCT
dem-16103	34	23	5–34	5–34	NOUN
dem-16103	34	24	7	7	NUM
dem-16103	34	25	of	of	ADP
dem-16103	34	26	financial	financial	ADJ
dem-16103	34	27	intermediaries	intermediary	NOUN
dem-16103	34	28	helps	help	VERB
dem-16103	34	29	in	in	ADP
dem-16103	34	30	increasing	increase	VERB
dem-16103	34	31	economic	economic	ADJ
dem-16103	34	32	growth	growth	NOUN
dem-16103	34	33	(	(	PUNCT
dem-16103	34	34	greenwood	greenwood	PROPN
dem-16103	34	35	and	and	CCONJ
dem-16103	34	36	jovanovic	jovanovic	PROPN
dem-16103	34	37	,	,	PUNCT
dem-16103	34	38	1990	1990	NUM
dem-16103	34	39	)	)	PUNCT
dem-16103	34	40	.	.	PUNCT
dem-16103	35	1	different	different	ADJ
dem-16103	35	2	channels	channel	NOUN
dem-16103	35	3	through	through	ADP
dem-16103	35	4	which	which	PRON
dem-16103	35	5	the	the	DET
dem-16103	35	6	financial	financial	ADJ
dem-16103	35	7	intermediaries	intermediary	NOUN
dem-16103	35	8	diligently	diligently	ADV
dem-16103	35	9	ascertain	ascertain	VERB
dem-16103	35	10	the	the	DET
dem-16103	35	11	authentication	authentication	NOUN
dem-16103	35	12	of	of	ADP
dem-16103	35	13	the	the	DET
dem-16103	35	14	borrowers	borrower	NOUN
dem-16103	35	15	includes	include	VERB
dem-16103	35	16	the	the	DET
dem-16103	35	17	mortgage	mortgage	NOUN
dem-16103	35	18	system	system	NOUN
dem-16103	35	19	,	,	PUNCT
dem-16103	35	20	interests	interest	NOUN
dem-16103	35	21	rates	rate	NOUN
dem-16103	35	22	,	,	PUNCT
dem-16103	35	23	collateral	collateral	ADJ
dem-16103	35	24	requirements	requirement	NOUN
dem-16103	35	25	and	and	CCONJ
dem-16103	35	26	so	so	ADV
dem-16103	35	27	on	on	ADV
dem-16103	35	28	(	(	PUNCT
dem-16103	35	29	tiwary	tiwary	ADJ
dem-16103	35	30	and	and	CCONJ
dem-16103	35	31	thampy	thampy	NOUN
dem-16103	35	32	,	,	PUNCT
dem-16103	35	33	2015	2015	NUM
dem-16103	35	34	)	)	PUNCT
dem-16103	35	35	.	.	PUNCT
dem-16103	36	1	these	these	DET
dem-16103	36	2	above	above	ADP
dem-16103	36	3	mentioned	mention	VERB
dem-16103	36	4	channels	channel	NOUN
dem-16103	36	5	not	not	PART
dem-16103	36	6	only	only	ADV
dem-16103	36	7	make	make	VERB
dem-16103	36	8	the	the	DET
dem-16103	36	9	utilization	utilization	NOUN
dem-16103	36	10	of	of	ADP
dem-16103	36	11	funds	fund	NOUN
dem-16103	36	12	effective	effective	ADJ
dem-16103	36	13	but	but	CCONJ
dem-16103	36	14	also	also	ADV
dem-16103	36	15	create	create	VERB
dem-16103	36	16	an	an	DET
dem-16103	36	17	environment	environment	NOUN
dem-16103	36	18	for	for	ADP
dem-16103	36	19	proper	proper	ADJ
dem-16103	36	20	mobilisation	mobilisation	NOUN
dem-16103	36	21	of	of	ADP
dem-16103	36	22	funds	fund	NOUN
dem-16103	36	23	within	within	ADP
dem-16103	36	24	an	an	DET
dem-16103	36	25	economy	economy	NOUN
dem-16103	36	26	as	as	ADV
dem-16103	36	27	well	well	ADV
dem-16103	36	28	as	as	ADP
dem-16103	36	29	for	for	ADP
dem-16103	36	30	attracting	attract	VERB
dem-16103	36	31	funds	fund	NOUN
dem-16103	36	32	from	from	ADP
dem-16103	36	33	other	other	ADJ
dem-16103	36	34	economies	economy	NOUN
dem-16103	36	35	as	as	ADV
dem-16103	36	36	well	well	ADV
dem-16103	36	37	(	(	PUNCT
dem-16103	36	38	boyd	boyd	PROPN
dem-16103	36	39	and	and	CCONJ
dem-16103	36	40	smith	smith	PROPN
dem-16103	36	41	,	,	PUNCT
dem-16103	36	42	1998	1998	NUM
dem-16103	36	43	)	)	PUNCT
dem-16103	36	44	.	.	PUNCT
dem-16103	37	1	the	the	DET
dem-16103	37	2	other	other	ADJ
dem-16103	37	3	prime	prime	ADJ
dem-16103	37	4	channel	channel	NOUN
dem-16103	37	5	through	through	ADP
dem-16103	37	6	which	which	PRON
dem-16103	37	7	the	the	DET
dem-16103	37	8	financial	financial	ADJ
dem-16103	37	9	system	system	NOUN
dem-16103	37	10	can	can	AUX
dem-16103	37	11	affect	affect	VERB
dem-16103	37	12	the	the	DET
dem-16103	37	13	growth	growth	NOUN
dem-16103	37	14	of	of	ADP
dem-16103	37	15	an	an	DET
dem-16103	37	16	economy	economy	NOUN
dem-16103	37	17	is	be	AUX
dem-16103	37	18	by	by	ADP
dem-16103	37	19	offering	offer	VERB
dem-16103	37	20	more	more	ADV
dem-16103	37	21	competitive	competitive	ADJ
dem-16103	37	22	and	and	CCONJ
dem-16103	37	23	effective	effective	ADJ
dem-16103	37	24	products	product	NOUN
dem-16103	37	25	.	.	PUNCT
dem-16103	38	1	hence	hence	ADV
dem-16103	38	2	,	,	PUNCT
dem-16103	38	3	a	a	DET
dem-16103	38	4	financial	financial	ADJ
dem-16103	38	5	system	system	NOUN
dem-16103	38	6	which	which	PRON
dem-16103	38	7	provides	provide	VERB
dem-16103	38	8	a	a	DET
dem-16103	38	9	proper	proper	ADJ
dem-16103	38	10	system	system	NOUN
dem-16103	38	11	to	to	PART
dem-16103	38	12	effectively	effectively	ADV
dem-16103	38	13	manage	manage	VERB
dem-16103	38	14	the	the	DET
dem-16103	38	15	high	high	ADJ
dem-16103	38	16	return	return	NOUN
dem-16103	38	17	projects	project	NOUN
dem-16103	38	18	directly	directly	ADV
dem-16103	38	19	helps	help	VERB
dem-16103	38	20	in	in	ADP
dem-16103	38	21	boosting	boost	VERB
dem-16103	38	22	the	the	DET
dem-16103	38	23	economic	economic	ADJ
dem-16103	38	24	growth	growth	NOUN
dem-16103	38	25	.	.	PUNCT
dem-16103	39	1	though	though	ADV
dem-16103	39	2	,	,	PUNCT
dem-16103	39	3	there	there	PRON
dem-16103	39	4	is	be	VERB
dem-16103	39	5	ample	ample	ADJ
dem-16103	39	6	of	of	ADP
dem-16103	39	7	indication	indication	NOUN
dem-16103	39	8	that	that	SCONJ
dem-16103	39	9	financial	financial	ADJ
dem-16103	39	10	development	development	NOUN
dem-16103	39	11	plays	play	VERB
dem-16103	39	12	a	a	DET
dem-16103	39	13	vital	vital	ADJ
dem-16103	39	14	role	role	NOUN
dem-16103	39	15	in	in	ADP
dem-16103	39	16	endorsing	endorse	VERB
dem-16103	39	17	economic	economic	ADJ
dem-16103	39	18	growth	growth	NOUN
dem-16103	39	19	of	of	ADP
dem-16103	39	20	the	the	DET
dem-16103	39	21	industrialized	industrialize	VERB
dem-16103	39	22	countries	country	NOUN
dem-16103	39	23	(	(	PUNCT
dem-16103	39	24	beck	beck	NOUN
dem-16103	39	25	and	and	CCONJ
dem-16103	39	26	levine	levine	PROPN
dem-16103	39	27	,	,	PUNCT
dem-16103	39	28	2004	2004	NUM
dem-16103	39	29	)	)	PUNCT
dem-16103	39	30	,	,	PUNCT
dem-16103	39	31	but	but	CCONJ
dem-16103	39	32	evidences	evidence	NOUN
dem-16103	39	33	are	be	AUX
dem-16103	39	34	relatively	relatively	ADV
dem-16103	39	35	mixed	mixed	ADJ
dem-16103	39	36	in	in	ADP
dem-16103	39	37	case	case	NOUN
dem-16103	39	38	of	of	ADP
dem-16103	39	39	developing	develop	VERB
dem-16103	39	40	or	or	CCONJ
dem-16103	39	41	emerging	emerge	VERB
dem-16103	39	42	economies	economy	NOUN
dem-16103	39	43	.	.	PUNCT
dem-16103	40	1	with	with	ADP
dem-16103	40	2	uncertain	uncertain	ADJ
dem-16103	40	3	market	market	NOUN
dem-16103	40	4	condition	condition	NOUN
dem-16103	40	5	,	,	PUNCT
dem-16103	40	6	it	it	PRON
dem-16103	40	7	has	have	AUX
dem-16103	40	8	become	become	VERB
dem-16103	40	9	imperative	imperative	ADJ
dem-16103	40	10	to	to	PART
dem-16103	40	11	identify	identify	VERB
dem-16103	40	12	the	the	DET
dem-16103	40	13	channels	channel	NOUN
dem-16103	40	14	of	of	ADP
dem-16103	40	15	finance	finance	NOUN
dem-16103	40	16	to	to	ADP
dem-16103	40	17	economic	economic	ADJ
dem-16103	40	18	growth	growth	NOUN
dem-16103	40	19	as	as	SCONJ
dem-16103	40	20	the	the	DET
dem-16103	40	21	aforesaid	aforesaid	NOUN
dem-16103	40	22	matters	matter	NOUN
dem-16103	40	23	have	have	VERB
dem-16103	40	24	important	important	ADJ
dem-16103	40	25	policy	policy	NOUN
dem-16103	40	26	implications	implication	NOUN
dem-16103	40	27	.	.	PUNCT
dem-16103	41	1	assuming	assume	VERB
dem-16103	41	2	financial	financial	ADJ
dem-16103	41	3	development	development	NOUN
dem-16103	41	4	as	as	ADP
dem-16103	41	5	an	an	DET
dem-16103	41	6	engine	engine	NOUN
dem-16103	41	7	to	to	ADP
dem-16103	41	8	economic	economic	ADJ
dem-16103	41	9	growth	growth	NOUN
dem-16103	41	10	policy	policy	NOUN
dem-16103	41	11	makers	maker	NOUN
dem-16103	41	12	should	should	AUX
dem-16103	41	13	focus	focus	VERB
dem-16103	41	14	on	on	ADP
dem-16103	41	15	the	the	DET
dem-16103	41	16	creation	creation	NOUN
dem-16103	41	17	and	and	CCONJ
dem-16103	41	18	promotion	promotion	NOUN
dem-16103	41	19	of	of	ADP
dem-16103	41	20	modern	modern	ADJ
dem-16103	41	21	financial	financial	ADJ
dem-16103	41	22	institutions	institution	NOUN
dem-16103	41	23	including	include	VERB
dem-16103	41	24	banks	bank	NOUN
dem-16103	41	25	,	,	PUNCT
dem-16103	41	26	non	non	NOUN
dem-16103	41	27	-	-	NOUN
dem-16103	41	28	banks	bank	NOUN
dem-16103	41	29	,	,	PUNCT
dem-16103	41	30	and	and	CCONJ
dem-16103	41	31	stock	stock	NOUN
dem-16103	41	32	markets	market	NOUN
dem-16103	41	33	in	in	ADP
dem-16103	41	34	order	order	NOUN
dem-16103	41	35	to	to	PART
dem-16103	41	36	promote	promote	VERB
dem-16103	41	37	genuine	genuine	ADJ
dem-16103	41	38	and	and	CCONJ
dem-16103	41	39	long	long	ADJ
dem-16103	41	40	-	-	PUNCT
dem-16103	41	41	term	term	NOUN
dem-16103	41	42	economic	economic	ADJ
dem-16103	41	43	growth	growth	NOUN
dem-16103	41	44	.	.	PUNCT
dem-16103	42	1	however	however	ADV
dem-16103	42	2	,	,	PUNCT
dem-16103	42	3	on	on	ADP
dem-16103	42	4	the	the	DET
dem-16103	42	5	other	other	ADJ
dem-16103	42	6	hand	hand	NOUN
dem-16103	42	7	,	,	PUNCT
dem-16103	42	8	there	there	PRON
dem-16103	42	9	are	be	VERB
dem-16103	42	10	studies	study	NOUN
dem-16103	42	11	(	(	PUNCT
dem-16103	42	12	patrick	patrick	PROPN
dem-16103	42	13	,	,	PUNCT
dem-16103	42	14	1966	1966	NUM
dem-16103	42	15	;	;	PUNCT
dem-16103	42	16	stern	stern	ADJ
dem-16103	42	17	,	,	PUNCT
dem-16103	42	18	1989	1989	NUM
dem-16103	42	19	;	;	PUNCT
dem-16103	42	20	ram	ram	NOUN
dem-16103	42	21	,	,	PUNCT
dem-16103	42	22	1999	1999	NUM
dem-16103	42	23	;	;	PUNCT
dem-16103	42	24	akinboade	akinboade	PROPN
dem-16103	42	25	,	,	PUNCT
dem-16103	42	26	2000	2000	NUM
dem-16103	42	27	;	;	PUNCT
dem-16103	42	28	favara	favara	NOUN
dem-16103	42	29	,	,	PUNCT
dem-16103	42	30	2003	2003	NUM
dem-16103	42	31	;	;	PUNCT
dem-16103	42	32	majid	majid	PROPN
dem-16103	42	33	and	and	CCONJ
dem-16103	42	34	mahrizal	mahrizal	PROPN
dem-16103	42	35	,	,	PUNCT
dem-16103	42	36	2007	2007	NUM
dem-16103	42	37	;	;	PUNCT
dem-16103	42	38	demetriades	demetriade	NOUN
dem-16103	42	39	and	and	CCONJ
dem-16103	42	40	james	james	PROPN
dem-16103	42	41	,	,	PUNCT
dem-16103	42	42	2011	2011	NUM
dem-16103	42	43	;	;	PUNCT
dem-16103	42	44	nain	nain	NOUN
dem-16103	42	45	and	and	CCONJ
dem-16103	42	46	kamaiah	kamaiah	PROPN
dem-16103	42	47	,	,	PUNCT
dem-16103	42	48	2014	2014	NUM
dem-16103	42	49	and	and	CCONJ
dem-16103	42	50	kumar	kumar	PROPN
dem-16103	42	51	et	et	PROPN
dem-16103	42	52	al	al	PROPN
dem-16103	42	53	.	.	PROPN
dem-16103	42	54	,	,	PUNCT
dem-16103	42	55	2015	2015	NUM
dem-16103	42	56	)	)	PUNCT
dem-16103	42	57	which	which	PRON
dem-16103	42	58	do	do	AUX
dem-16103	42	59	not	not	PART
dem-16103	42	60	agree	agree	VERB
dem-16103	42	61	to	to	ADP
dem-16103	42	62	this	this	DET
dem-16103	42	63	view	view	NOUN
dem-16103	42	64	and	and	CCONJ
dem-16103	42	65	have	have	AUX
dem-16103	42	66	rejected	reject	VERB
dem-16103	42	67	any	any	DET
dem-16103	42	68	causal	causal	ADJ
dem-16103	42	69	role	role	NOUN
dem-16103	42	70	for	for	ADP
dem-16103	42	71	financial	financial	ADJ
dem-16103	42	72	development	development	NOUN
dem-16103	42	73	in	in	ADP
dem-16103	42	74	the	the	DET
dem-16103	42	75	growth	growth	NOUN
dem-16103	42	76	process	process	NOUN
dem-16103	42	77	.	.	PUNCT
dem-16103	43	1	if	if	SCONJ
dem-16103	43	2	this	this	DET
dem-16103	43	3	contrasting	contrasting	ADJ
dem-16103	43	4	argument	argument	NOUN
dem-16103	43	5	is	be	AUX
dem-16103	43	6	the	the	DET
dem-16103	43	7	accurate	accurate	ADJ
dem-16103	43	8	depiction	depiction	NOUN
dem-16103	43	9	of	of	ADP
dem-16103	43	10	reality	reality	NOUN
dem-16103	43	11	,	,	PUNCT
dem-16103	43	12	then	then	ADV
dem-16103	43	13	all	all	DET
dem-16103	43	14	the	the	DET
dem-16103	43	15	policy	policy	NOUN
dem-16103	43	16	work	work	NOUN
dem-16103	43	17	and	and	CCONJ
dem-16103	43	18	efforts	effort	NOUN
dem-16103	43	19	to	to	PART
dem-16103	43	20	encourage	encourage	VERB
dem-16103	43	21	financial	financial	ADJ
dem-16103	43	22	development	development	NOUN
dem-16103	43	23	would	would	AUX
dem-16103	43	24	be	be	AUX
dem-16103	43	25	premature	premature	ADJ
dem-16103	43	26	and	and	CCONJ
dem-16103	43	27	in	in	ADP
dem-16103	43	28	fact	fact	NOUN
dem-16103	43	29	will	will	AUX
dem-16103	43	30	lead	lead	VERB
dem-16103	43	31	to	to	ADP
dem-16103	43	32	uneconomical	uneconomical	ADJ
dem-16103	43	33	use	use	NOUN
dem-16103	43	34	of	of	ADP
dem-16103	43	35	limited	limited	ADJ
dem-16103	43	36	resources	resource	NOUN
dem-16103	43	37	.	.	PUNCT
dem-16103	44	1	moreover	moreover	ADV
dem-16103	44	2	,	,	PUNCT
dem-16103	44	3	unnecessary	unnecessary	ADJ
dem-16103	44	4	emphasis	emphasis	NOUN
dem-16103	44	5	on	on	ADP
dem-16103	44	6	financial	financial	ADJ
dem-16103	44	7	development	development	NOUN
dem-16103	44	8	will	will	AUX
dem-16103	44	9	also	also	ADV
dem-16103	44	10	turn	turn	VERB
dem-16103	44	11	away	away	ADV
dem-16103	44	12	attention	attention	NOUN
dem-16103	44	13	from	from	ADP
dem-16103	44	14	other	other	ADJ
dem-16103	44	15	,	,	PUNCT
dem-16103	44	16	perhaps	perhaps	ADV
dem-16103	44	17	more	more	ADJ
dem-16103	44	18	,	,	PUNCT
dem-16103	44	19	urgent	urgent	ADJ
dem-16103	44	20	policy	policy	NOUN
dem-16103	44	21	options	option	NOUN
dem-16103	44	22	to	to	PART
dem-16103	44	23	spur	spur	VERB
dem-16103	44	24	economic	economic	ADJ
dem-16103	44	25	growth	growth	NOUN
dem-16103	44	26	such	such	ADJ
dem-16103	44	27	as	as	ADP
dem-16103	44	28	labour	labour	NOUN
dem-16103	44	29	training	training	NOUN
dem-16103	44	30	and	and	CCONJ
dem-16103	44	31	skill	skill	NOUN
dem-16103	44	32	development	development	NOUN
dem-16103	44	33	programs	program	NOUN
dem-16103	44	34	to	to	PART
dem-16103	44	35	improve	improve	VERB
dem-16103	44	36	productivity	productivity	NOUN
dem-16103	44	37	,	,	PUNCT
dem-16103	44	38	legal	legal	ADJ
dem-16103	44	39	reforms	reform	NOUN
dem-16103	44	40	to	to	PART
dem-16103	44	41	induce	induce	VERB
dem-16103	44	42	investment	investment	NOUN
dem-16103	44	43	,	,	PUNCT
dem-16103	44	44	and	and	CCONJ
dem-16103	44	45	export	export	NOUN
dem-16103	44	46	promotion	promotion	NOUN
dem-16103	44	47	schemes	scheme	NOUN
dem-16103	44	48	etc	etc	X
dem-16103	44	49	.	.	X
dem-16103	45	1	apart	apart	ADV
dem-16103	45	2	from	from	ADP
dem-16103	45	3	this	this	PRON
dem-16103	45	4	,	,	PUNCT
dem-16103	45	5	majority	majority	NOUN
dem-16103	45	6	of	of	ADP
dem-16103	45	7	the	the	DET
dem-16103	45	8	studies	study	NOUN
dem-16103	45	9	that	that	PRON
dem-16103	45	10	deal	deal	VERB
dem-16103	45	11	with	with	ADP
dem-16103	45	12	this	this	DET
dem-16103	45	13	concern	concern	NOUN
dem-16103	45	14	consider	consider	VERB
dem-16103	45	15	economic	economic	ADJ
dem-16103	45	16	growth	growth	NOUN
dem-16103	45	17	at	at	ADP
dem-16103	45	18	the	the	DET
dem-16103	45	19	aggregate	aggregate	ADJ
dem-16103	45	20	level	level	NOUN
dem-16103	45	21	,	,	PUNCT
dem-16103	45	22	where	where	SCONJ
dem-16103	45	23	it	it	PRON
dem-16103	45	24	is	be	AUX
dem-16103	45	25	very	very	ADV
dem-16103	45	26	simple	simple	ADJ
dem-16103	45	27	to	to	PART
dem-16103	45	28	establish	establish	VERB
dem-16103	45	29	and	and	CCONJ
dem-16103	45	30	explain	explain	VERB
dem-16103	45	31	a	a	DET
dem-16103	45	32	causal	causal	ADJ
dem-16103	45	33	relationship	relationship	NOUN
dem-16103	45	34	between	between	ADP
dem-16103	45	35	financial	financial	ADJ
dem-16103	45	36	development	development	NOUN
dem-16103	45	37	and	and	CCONJ
dem-16103	45	38	economic	economic	ADJ
dem-16103	45	39	growth	growth	NOUN
dem-16103	45	40	(	(	PUNCT
dem-16103	45	41	misra	misra	ADJ
dem-16103	45	42	,	,	PUNCT
dem-16103	45	43	2003	2003	NUM
dem-16103	45	44	,	,	PUNCT
dem-16103	45	45	acharya	acharya	PROPN
dem-16103	45	46	et	et	PROPN
dem-16103	45	47	al	al	PROPN
dem-16103	45	48	.	.	PROPN
dem-16103	45	49	,	,	PUNCT
dem-16103	45	50	2009	2009	NUM
dem-16103	45	51	,	,	PUNCT
dem-16103	45	52	giri	giri	PROPN
dem-16103	45	53	and	and	CCONJ
dem-16103	45	54	mohapatra	mohapatra	PROPN
dem-16103	45	55	,	,	PUNCT
dem-16103	45	56	2012	2012	NUM
dem-16103	45	57	,	,	PUNCT
dem-16103	45	58	nain	nain	NOUN
dem-16103	45	59	and	and	CCONJ
dem-16103	45	60	kamaiah	kamaiah	PROPN
dem-16103	45	61	,	,	PUNCT
dem-16103	45	62	2014	2014	NUM
dem-16103	45	63	and	and	CCONJ
dem-16103	45	64	sharma	sharma	PROPN
dem-16103	45	65	and	and	CCONJ
dem-16103	45	66	bardhan	bardhan	ADV
dem-16103	45	67	,	,	PUNCT
dem-16103	45	68	2016	2016	NUM
dem-16103	45	69	)	)	PUNCT
dem-16103	45	70	.	.	PUNCT
dem-16103	46	1	in	in	ADP
dem-16103	46	2	indian	indian	ADJ
dem-16103	46	3	context	context	NOUN
dem-16103	46	4	,	,	PUNCT
dem-16103	46	5	there	there	PRON
dem-16103	46	6	have	have	AUX
dem-16103	46	7	been	be	AUX
dem-16103	46	8	dearth	dearth	NOUN
dem-16103	46	9	of	of	ADP
dem-16103	46	10	studies	study	NOUN
dem-16103	46	11	that	that	PRON
dem-16103	46	12	deal	deal	VERB
dem-16103	46	13	with	with	ADP
dem-16103	46	14	the	the	DET
dem-16103	46	15	impact	impact	NOUN
dem-16103	46	16	of	of	ADP
dem-16103	46	17	domestic	domestic	ADJ
dem-16103	46	18	financial	financial	ADJ
dem-16103	46	19	development	development	NOUN
dem-16103	46	20	on	on	ADP
dem-16103	46	21	economic	economic	ADJ
dem-16103	46	22	growth	growth	NOUN
dem-16103	46	23	at	at	ADP
dem-16103	46	24	regional	regional	ADJ
dem-16103	46	25	and	and	CCONJ
dem-16103	46	26	empirical	empirical	ADJ
dem-16103	46	27	level	level	NOUN
dem-16103	46	28	.	.	PUNCT
dem-16103	47	1	to	to	PART
dem-16103	47	2	put	put	VERB
dem-16103	47	3	it	it	PRON
dem-16103	47	4	briefly	briefly	ADV
dem-16103	47	5	,	,	PUNCT
dem-16103	47	6	there	there	PRON
dem-16103	47	7	is	be	VERB
dem-16103	47	8	no	no	DET
dem-16103	47	9	universal	universal	ADJ
dem-16103	47	10	consensus	consensus	NOUN
dem-16103	47	11	on	on	ADP
dem-16103	47	12	the	the	DET
dem-16103	47	13	relationship	relationship	NOUN
dem-16103	47	14	between	between	ADP
dem-16103	47	15	financial	financial	ADJ
dem-16103	47	16	development	development	PROPN
dem-16103	47	17	shravani	shravani	PROPN
dem-16103	47	18	sharma	sharma	PROPN
dem-16103	47	19	and	and	CCONJ
dem-16103	47	20	supran	supran	PROPN
dem-16103	47	21	kumar	kumar	PROPN
dem-16103	47	22	dynamic	dynamic	PROPN
dem-16103	47	23	econometric	econometric	ADJ
dem-16103	47	24	models	model	NOUN
dem-16103	47	25	18	18	NUM
dem-16103	47	26	(	(	PUNCT
dem-16103	47	27	2018	2018	NUM
dem-16103	47	28	)	)	PUNCT
dem-16103	47	29	5–34	5–34	NOUN
dem-16103	47	30	8	8	NUM
dem-16103	47	31	and	and	CCONJ
dem-16103	47	32	economic	economic	ADJ
dem-16103	47	33	growth	growth	NOUN
dem-16103	47	34	.	.	PUNCT
dem-16103	48	1	there	there	PRON
dem-16103	48	2	are	be	VERB
dem-16103	48	3	some	some	DET
dem-16103	48	4	mixed	mixed	ADJ
dem-16103	48	5	results	result	NOUN
dem-16103	48	6	regarding	regard	VERB
dem-16103	48	7	the	the	DET
dem-16103	48	8	nexus	nexus	NOUN
dem-16103	48	9	between	between	ADP
dem-16103	48	10	financial	financial	ADJ
dem-16103	48	11	development	development	NOUN
dem-16103	48	12	and	and	CCONJ
dem-16103	48	13	economic	economic	ADJ
dem-16103	48	14	growth	growth	NOUN
dem-16103	48	15	.	.	PUNCT
dem-16103	49	1	thus	thus	ADV
dem-16103	49	2	,	,	PUNCT
dem-16103	49	3	focusing	focus	VERB
dem-16103	49	4	on	on	ADP
dem-16103	49	5	the	the	DET
dem-16103	49	6	development	development	NOUN
dem-16103	49	7	of	of	ADP
dem-16103	49	8	the	the	DET
dem-16103	49	9	aforementioned	aforementioned	ADJ
dem-16103	49	10	issue	issue	NOUN
dem-16103	49	11	the	the	DET
dem-16103	49	12	present	present	ADJ
dem-16103	49	13	study	study	NOUN
dem-16103	49	14	is	be	AUX
dem-16103	49	15	an	an	DET
dem-16103	49	16	attempt	attempt	NOUN
dem-16103	49	17	in	in	ADP
dem-16103	49	18	the	the	DET
dem-16103	49	19	direction	direction	NOUN
dem-16103	49	20	to	to	PART
dem-16103	49	21	uncover	uncover	VERB
dem-16103	49	22	the	the	DET
dem-16103	49	23	relationship	relationship	NOUN
dem-16103	49	24	between	between	ADP
dem-16103	49	25	the	the	DET
dem-16103	49	26	financial	financial	ADJ
dem-16103	49	27	development	development	NOUN
dem-16103	49	28	and	and	CCONJ
dem-16103	49	29	economic	economic	ADJ
dem-16103	49	30	growth	growth	NOUN
dem-16103	49	31	with	with	ADP
dem-16103	49	32	the	the	DET
dem-16103	49	33	help	help	NOUN
dem-16103	49	34	indian	indian	ADJ
dem-16103	49	35	context	context	NOUN
dem-16103	49	36	.	.	PUNCT
dem-16103	50	1	1	1	X
dem-16103	50	2	.	.	X
dem-16103	50	3	literature	literature	NOUN
dem-16103	50	4	review	review	VERB
dem-16103	50	5	significant	significant	ADJ
dem-16103	50	6	research	research	NOUN
dem-16103	50	7	studies	study	NOUN
dem-16103	50	8	are	be	AUX
dem-16103	50	9	available	available	ADJ
dem-16103	50	10	on	on	ADP
dem-16103	50	11	the	the	DET
dem-16103	50	12	aspect	aspect	NOUN
dem-16103	50	13	of	of	ADP
dem-16103	50	14	financial	financial	ADJ
dem-16103	50	15	development	development	NOUN
dem-16103	50	16	and	and	CCONJ
dem-16103	50	17	economic	economic	ADJ
dem-16103	50	18	growth	growth	NOUN
dem-16103	50	19	and	and	CCONJ
dem-16103	50	20	other	other	ADJ
dem-16103	50	21	related	related	ADJ
dem-16103	50	22	issues	issue	NOUN
dem-16103	50	23	contributed	contribute	VERB
dem-16103	50	24	by	by	ADP
dem-16103	50	25	academicians	academician	NOUN
dem-16103	50	26	,	,	PUNCT
dem-16103	50	27	researchers	researcher	NOUN
dem-16103	50	28	and	and	CCONJ
dem-16103	50	29	institutions	institution	NOUN
dem-16103	50	30	.	.	PUNCT
dem-16103	51	1	the	the	DET
dem-16103	51	2	writings	writing	NOUN
dem-16103	51	3	on	on	ADP
dem-16103	51	4	the	the	DET
dem-16103	51	5	relationship	relationship	NOUN
dem-16103	51	6	between	between	ADP
dem-16103	51	7	financial	financial	ADJ
dem-16103	51	8	development	development	NOUN
dem-16103	51	9	and	and	CCONJ
dem-16103	51	10	economic	economic	ADJ
dem-16103	51	11	growth	growth	NOUN
dem-16103	51	12	can	can	AUX
dem-16103	51	13	be	be	AUX
dem-16103	51	14	traced	trace	VERB
dem-16103	51	15	from	from	ADP
dem-16103	51	16	the	the	DET
dem-16103	51	17	pioneering	pioneering	ADJ
dem-16103	51	18	work	work	NOUN
dem-16103	51	19	of	of	ADP
dem-16103	51	20	schumpeter	schumpeter	NOUN
dem-16103	51	21	(	(	PUNCT
dem-16103	51	22	1911	1911	NUM
dem-16103	51	23	)	)	PUNCT
dem-16103	51	24	,	,	PUNCT
dem-16103	51	25	robinson	robinson	PROPN
dem-16103	51	26	(	(	PUNCT
dem-16103	51	27	1952	1952	NUM
dem-16103	51	28	)	)	PUNCT
dem-16103	51	29	,	,	PUNCT
dem-16103	51	30	mckinnon	mckinnon	PROPN
dem-16103	51	31	(	(	PUNCT
dem-16103	51	32	1973	1973	NUM
dem-16103	51	33	)	)	PUNCT
dem-16103	51	34	,	,	PUNCT
dem-16103	51	35	shaw	shaw	PROPN
dem-16103	51	36	(	(	PUNCT
dem-16103	51	37	1973	1973	NUM
dem-16103	51	38	)	)	PUNCT
dem-16103	51	39	and	and	CCONJ
dem-16103	51	40	lucas	lucas	PROPN
dem-16103	51	41	(	(	PUNCT
dem-16103	51	42	1988	1988	NUM
dem-16103	51	43	)	)	PUNCT
dem-16103	51	44	etc	etc	X
dem-16103	51	45	.	.	X
dem-16103	51	46	goldsmith	goldsmith	PROPN
dem-16103	51	47	(	(	PUNCT
dem-16103	51	48	1969	1969	NUM
dem-16103	51	49	)	)	PUNCT
dem-16103	51	50	using	use	VERB
dem-16103	51	51	data	datum	NOUN
dem-16103	51	52	of	of	ADP
dem-16103	51	53	35	35	NUM
dem-16103	51	54	countries	country	NOUN
dem-16103	51	55	for	for	ADP
dem-16103	51	56	the	the	DET
dem-16103	51	57	period	period	NOUN
dem-16103	51	58	1860–1963	1860–1963	NUM
dem-16103	51	59	studied	study	VERB
dem-16103	51	60	the	the	DET
dem-16103	51	61	relationship	relationship	NOUN
dem-16103	51	62	between	between	ADP
dem-16103	51	63	financial	financial	ADJ
dem-16103	51	64	development	development	NOUN
dem-16103	51	65	and	and	CCONJ
dem-16103	51	66	economic	economic	ADJ
dem-16103	51	67	growth	growth	NOUN
dem-16103	51	68	and	and	CCONJ
dem-16103	51	69	identified	identify	VERB
dem-16103	51	70	that	that	SCONJ
dem-16103	51	71	financial	financial	ADJ
dem-16103	51	72	development	development	NOUN
dem-16103	51	73	exerts	exert	VERB
dem-16103	51	74	a	a	DET
dem-16103	51	75	causal	causal	ADJ
dem-16103	51	76	influence	influence	NOUN
dem-16103	51	77	on	on	ADP
dem-16103	51	78	economic	economic	ADJ
dem-16103	51	79	growth	growth	NOUN
dem-16103	51	80	.	.	PUNCT
dem-16103	52	1	the	the	DET
dem-16103	52	2	study	study	NOUN
dem-16103	52	3	concluded	conclude	VERB
dem-16103	52	4	with	with	ADP
dem-16103	52	5	a	a	DET
dem-16103	52	6	positive	positive	ADJ
dem-16103	52	7	correlation	correlation	NOUN
dem-16103	52	8	between	between	ADP
dem-16103	52	9	economic	economic	ADJ
dem-16103	52	10	growth	growth	NOUN
dem-16103	52	11	and	and	CCONJ
dem-16103	52	12	financial	financial	ADJ
dem-16103	52	13	development	development	NOUN
dem-16103	52	14	.	.	PUNCT
dem-16103	53	1	in	in	ADP
dem-16103	53	2	a	a	DET
dem-16103	53	3	similar	similar	ADJ
dem-16103	53	4	study	study	NOUN
dem-16103	53	5	gregorio	gregorio	PROPN
dem-16103	53	6	and	and	CCONJ
dem-16103	53	7	guidotti	guidotti	PROPN
dem-16103	53	8	(	(	PUNCT
dem-16103	53	9	1995	1995	NUM
dem-16103	53	10	)	)	PUNCT
dem-16103	53	11	by	by	ADP
dem-16103	53	12	highlighting	highlight	VERB
dem-16103	53	13	the	the	DET
dem-16103	53	14	importance	importance	NOUN
dem-16103	53	15	of	of	ADP
dem-16103	53	16	the	the	DET
dem-16103	53	17	efficiency	efficiency	NOUN
dem-16103	53	18	of	of	ADP
dem-16103	53	19	the	the	DET
dem-16103	53	20	financial	financial	ADJ
dem-16103	53	21	system	system	NOUN
dem-16103	53	22	more	more	ADV
dem-16103	53	23	specially	specially	ADV
dem-16103	53	24	the	the	DET
dem-16103	53	25	credit	credit	NOUN
dem-16103	53	26	component	component	NOUN
dem-16103	53	27	instead	instead	ADV
dem-16103	53	28	of	of	ADP
dem-16103	53	29	volume	volume	NOUN
dem-16103	53	30	of	of	ADP
dem-16103	53	31	investments	investment	NOUN
dem-16103	53	32	uncovered	uncover	VERB
dem-16103	53	33	the	the	DET
dem-16103	53	34	long	long	ADV
dem-16103	53	35	-	-	PUNCT
dem-16103	53	36	run	run	NOUN
dem-16103	53	37	relationship	relationship	NOUN
dem-16103	53	38	between	between	ADP
dem-16103	53	39	the	the	DET
dem-16103	53	40	growth	growth	NOUN
dem-16103	53	41	in	in	ADP
dem-16103	53	42	financial	financial	ADJ
dem-16103	53	43	system	system	NOUN
dem-16103	53	44	and	and	CCONJ
dem-16103	53	45	growth	growth	NOUN
dem-16103	53	46	of	of	ADP
dem-16103	53	47	the	the	DET
dem-16103	53	48	economy	economy	NOUN
dem-16103	53	49	.	.	PUNCT
dem-16103	54	1	the	the	DET
dem-16103	54	2	study	study	NOUN
dem-16103	54	3	revealed	reveal	VERB
dem-16103	54	4	that	that	SCONJ
dem-16103	54	5	efficient	efficient	ADJ
dem-16103	54	6	allocation	allocation	NOUN
dem-16103	54	7	of	of	ADP
dem-16103	54	8	credit	credit	NOUN
dem-16103	54	9	in	in	ADP
dem-16103	54	10	the	the	DET
dem-16103	54	11	financial	financial	ADJ
dem-16103	54	12	system	system	NOUN
dem-16103	54	13	plays	play	VERB
dem-16103	54	14	a	a	DET
dem-16103	54	15	significant	significant	ADJ
dem-16103	54	16	role	role	NOUN
dem-16103	54	17	in	in	ADP
dem-16103	54	18	uplifting	uplift	VERB
dem-16103	54	19	the	the	DET
dem-16103	54	20	economic	economic	ADJ
dem-16103	54	21	condition	condition	NOUN
dem-16103	54	22	of	of	ADP
dem-16103	54	23	the	the	DET
dem-16103	54	24	latin	latin	ADJ
dem-16103	54	25	american	american	ADJ
dem-16103	54	26	countries	country	NOUN
dem-16103	54	27	.	.	PUNCT
dem-16103	55	1	the	the	DET
dem-16103	55	2	reason	reason	NOUN
dem-16103	55	3	for	for	ADP
dem-16103	55	4	this	this	PRON
dem-16103	55	5	was	be	AUX
dem-16103	55	6	attributed	attribute	VERB
dem-16103	55	7	towards	towards	ADP
dem-16103	55	8	the	the	DET
dem-16103	55	9	introduction	introduction	NOUN
dem-16103	55	10	of	of	ADP
dem-16103	55	11	financial	financial	ADJ
dem-16103	55	12	liberalization	liberalization	NOUN
dem-16103	55	13	.	.	PUNCT
dem-16103	56	1	by	by	ADP
dem-16103	56	2	examining	examine	VERB
dem-16103	56	3	the	the	DET
dem-16103	56	4	casual	casual	ADJ
dem-16103	56	5	relationship	relationship	NOUN
dem-16103	56	6	between	between	ADP
dem-16103	56	7	the	the	DET
dem-16103	56	8	financial	financial	ADJ
dem-16103	56	9	development	development	NOUN
dem-16103	56	10	and	and	CCONJ
dem-16103	56	11	economic	economic	ADJ
dem-16103	56	12	growth	growth	NOUN
dem-16103	56	13	in	in	ADP
dem-16103	56	14	indian	indian	ADJ
dem-16103	56	15	context	context	NOUN
dem-16103	56	16	,	,	PUNCT
dem-16103	56	17	bhattacharya	bhattacharya	PROPN
dem-16103	56	18	and	and	CCONJ
dem-16103	56	19	sivasubramanian	sivasubramanian	PROPN
dem-16103	56	20	(	(	PUNCT
dem-16103	56	21	2003	2003	NUM
dem-16103	56	22	)	)	PUNCT
dem-16103	56	23	suggested	suggest	VERB
dem-16103	56	24	that	that	SCONJ
dem-16103	56	25	there	there	PRON
dem-16103	56	26	exists	exist	VERB
dem-16103	56	27	a	a	DET
dem-16103	56	28	one	one	NUM
dem-16103	56	29	-	-	PUNCT
dem-16103	56	30	way	way	NOUN
dem-16103	56	31	causal	causal	ADJ
dem-16103	56	32	relationship	relationship	NOUN
dem-16103	56	33	from	from	ADP
dem-16103	56	34	financial	financial	ADJ
dem-16103	56	35	development	development	NOUN
dem-16103	56	36	to	to	ADP
dem-16103	56	37	economic	economic	ADJ
dem-16103	56	38	growth	growth	NOUN
dem-16103	56	39	.	.	PUNCT
dem-16103	57	1	by	by	ADP
dem-16103	57	2	focusing	focus	VERB
dem-16103	57	3	on	on	ADP
dem-16103	57	4	egypt	egypt	PROPN
dem-16103	57	5	,	,	PUNCT
dem-16103	57	6	abu	abu	PROPN
dem-16103	57	7	-	-	PUNCT
dem-16103	57	8	bader	bader	PROPN
dem-16103	57	9	and	and	CCONJ
dem-16103	57	10	abu	abu	PROPN
dem-16103	57	11	-	-	PUNCT
dem-16103	57	12	qarn	qarn	NOUN
dem-16103	57	13	(	(	PUNCT
dem-16103	57	14	2007	2007	NUM
dem-16103	57	15	)	)	PUNCT
dem-16103	57	16	identified	identify	VERB
dem-16103	57	17	a	a	DET
dem-16103	57	18	bidirectional	bidirectional	ADJ
dem-16103	57	19	relationship	relationship	NOUN
dem-16103	57	20	between	between	ADP
dem-16103	57	21	financial	financial	ADJ
dem-16103	57	22	development	development	NOUN
dem-16103	57	23	and	and	CCONJ
dem-16103	57	24	economic	economic	ADJ
dem-16103	57	25	growth	growth	NOUN
dem-16103	57	26	.	.	PUNCT
dem-16103	58	1	furthermore	furthermore	ADV
dem-16103	58	2	,	,	PUNCT
dem-16103	58	3	the	the	DET
dem-16103	58	4	study	study	NOUN
dem-16103	58	5	also	also	ADV
dem-16103	58	6	uncovered	uncover	VERB
dem-16103	58	7	that	that	SCONJ
dem-16103	58	8	the	the	DET
dem-16103	58	9	relationship	relationship	NOUN
dem-16103	58	10	between	between	ADP
dem-16103	58	11	the	the	DET
dem-16103	58	12	two	two	NUM
dem-16103	58	13	is	be	AUX
dem-16103	58	14	catalysed	catalyse	VERB
dem-16103	58	15	by	by	ADP
dem-16103	58	16	increasing	increase	VERB
dem-16103	58	17	resources	resource	NOUN
dem-16103	58	18	for	for	ADP
dem-16103	58	19	investment	investment	NOUN
dem-16103	58	20	and	and	CCONJ
dem-16103	58	21	enhancing	enhance	VERB
dem-16103	58	22	efficiency	efficiency	NOUN
dem-16103	58	23	.	.	PUNCT
dem-16103	59	1	in	in	ADP
dem-16103	59	2	another	another	DET
dem-16103	59	3	study	study	NOUN
dem-16103	59	4	,	,	PUNCT
dem-16103	59	5	hassan	hassan	PROPN
dem-16103	59	6	et	et	PROPN
dem-16103	59	7	al	al	PROPN
dem-16103	59	8	.	.	PROPN
dem-16103	59	9	(	(	PUNCT
dem-16103	59	10	2011	2011	NUM
dem-16103	59	11	)	)	PUNCT
dem-16103	59	12	provided	provide	VERB
dem-16103	59	13	substantiated	substantiated	ADJ
dem-16103	59	14	evidence	evidence	NOUN
dem-16103	59	15	on	on	ADP
dem-16103	59	16	the	the	DET
dem-16103	59	17	link	link	NOUN
dem-16103	59	18	of	of	ADP
dem-16103	59	19	financial	financial	ADJ
dem-16103	59	20	development	development	NOUN
dem-16103	59	21	and	and	CCONJ
dem-16103	59	22	economic	economic	ADJ
dem-16103	59	23	growth	growth	NOUN
dem-16103	59	24	in	in	ADP
dem-16103	59	25	various	various	ADJ
dem-16103	59	26	low	low	ADJ
dem-16103	59	27	and	and	CCONJ
dem-16103	59	28	middle	middle	ADJ
dem-16103	59	29	-	-	PUNCT
dem-16103	59	30	income	income	NOUN
dem-16103	59	31	countries	country	NOUN
dem-16103	59	32	.	.	PUNCT
dem-16103	60	1	in	in	ADP
dem-16103	60	2	context	context	NOUN
dem-16103	60	3	of	of	ADP
dem-16103	60	4	developing	develop	VERB
dem-16103	60	5	countries	country	NOUN
dem-16103	60	6	the	the	DET
dem-16103	60	7	study	study	NOUN
dem-16103	60	8	indicated	indicate	VERB
dem-16103	60	9	a	a	DET
dem-16103	60	10	positive	positive	ADJ
dem-16103	60	11	relationship	relationship	NOUN
dem-16103	60	12	between	between	ADP
dem-16103	60	13	financial	financial	ADJ
dem-16103	60	14	development	development	NOUN
dem-16103	60	15	and	and	CCONJ
dem-16103	60	16	economic	economic	ADJ
dem-16103	60	17	growth	growth	NOUN
dem-16103	60	18	.	.	PUNCT
dem-16103	61	1	similarly	similarly	ADV
dem-16103	61	2	,	,	PUNCT
dem-16103	61	3	al	al	PROPN
dem-16103	61	4	-	-	PUNCT
dem-16103	61	5	malkawi	malkawi	PROPN
dem-16103	61	6	et	et	PROPN
dem-16103	61	7	al	al	PROPN
dem-16103	61	8	.	.	PROPN
dem-16103	61	9	(	(	PUNCT
dem-16103	61	10	2012	2012	NUM
dem-16103	61	11	)	)	PUNCT
dem-16103	61	12	in	in	ADP
dem-16103	61	13	an	an	DET
dem-16103	61	14	empirical	empirical	ADJ
dem-16103	61	15	study	study	NOUN
dem-16103	61	16	uncovered	uncover	VERB
dem-16103	61	17	a	a	DET
dem-16103	61	18	negative	negative	ADJ
dem-16103	61	19	and	and	CCONJ
dem-16103	61	20	statistically	statistically	ADV
dem-16103	61	21	significant	significant	ADJ
dem-16103	61	22	relationship	relationship	NOUN
dem-16103	61	23	between	between	ADP
dem-16103	61	24	financial	financial	ADJ
dem-16103	61	25	development	development	NOUN
dem-16103	61	26	and	and	CCONJ
dem-16103	61	27	economic	economic	ADJ
dem-16103	61	28	growth	growth	NOUN
dem-16103	61	29	for	for	ADP
dem-16103	61	30	united	united	PROPN
dem-16103	61	31	arab	arab	PROPN
dem-16103	61	32	emirates	emirates	PROPN
dem-16103	61	33	.	.	PUNCT
dem-16103	62	1	lacth	lacth	PROPN
dem-16103	62	2	and	and	CCONJ
dem-16103	62	3	gurgul	gurgul	ADJ
dem-16103	62	4	dynamics	dynamic	NOUN
dem-16103	62	5	of	of	ADP
dem-16103	62	6	financial	financial	ADJ
dem-16103	62	7	development	development	NOUN
dem-16103	62	8	and	and	CCONJ
dem-16103	62	9	economic	economic	ADJ
dem-16103	62	10	growth	growth	NOUN
dem-16103	62	11	:	:	PUNCT
dem-16103	62	12	panel	panel	NOUN
dem-16103	62	13	data	data	VERB
dem-16103	62	14	analysis	analysis	NOUN
dem-16103	62	15	…	…	SYM
dem-16103	62	16	dynamic	dynamic	ADJ
dem-16103	62	17	econometric	econometric	ADJ
dem-16103	62	18	models	model	NOUN
dem-16103	62	19	18	18	NUM
dem-16103	62	20	(	(	PUNCT
dem-16103	62	21	2018	2018	NUM
dem-16103	62	22	)	)	PUNCT
dem-16103	62	23	5–34	5–34	NOUN
dem-16103	62	24	9	9	NUM
dem-16103	62	25	(	(	PUNCT
dem-16103	62	26	2012	2012	NUM
dem-16103	62	27	)	)	PUNCT
dem-16103	62	28	by	by	ADP
dem-16103	62	29	considering	consider	VERB
dem-16103	62	30	differnt	differnt	ADJ
dem-16103	62	31	aspects	aspect	NOUN
dem-16103	62	32	of	of	ADP
dem-16103	62	33	financial	financial	ADJ
dem-16103	62	34	development	development	NOUN
dem-16103	62	35	identified	identify	VERB
dem-16103	62	36	unique	unique	ADJ
dem-16103	62	37	causality	causality	NOUN
dem-16103	62	38	from	from	ADP
dem-16103	62	39	stock	stock	NOUN
dem-16103	62	40	market	market	NOUN
dem-16103	62	41	development	development	NOUN
dem-16103	62	42	to	to	ADP
dem-16103	62	43	economic	economic	ADJ
dem-16103	62	44	growth	growth	NOUN
dem-16103	62	45	and	and	CCONJ
dem-16103	62	46	from	from	ADP
dem-16103	62	47	economic	economic	ADJ
dem-16103	62	48	growth	growth	NOUN
dem-16103	62	49	to	to	ADP
dem-16103	62	50	banking	banking	NOUN
dem-16103	62	51	sector	sector	NOUN
dem-16103	62	52	development	development	NOUN
dem-16103	62	53	in	in	ADP
dem-16103	62	54	poland	poland	PROPN
dem-16103	62	55	.	.	PUNCT
dem-16103	63	1	furthermore	furthermore	ADV
dem-16103	63	2	,	,	PUNCT
dem-16103	63	3	focusing	focus	VERB
dem-16103	63	4	on	on	ADP
dem-16103	63	5	significant	significant	ADJ
dem-16103	63	6	parameters	parameter	NOUN
dem-16103	63	7	of	of	ADP
dem-16103	63	8	financial	financial	ADJ
dem-16103	63	9	development	development	NOUN
dem-16103	63	10	various	various	ADJ
dem-16103	63	11	studies	study	NOUN
dem-16103	63	12	identified	identify	VERB
dem-16103	63	13	uni	uni	ADJ
dem-16103	63	14	-	-	ADJ
dem-16103	63	15	directional	directional	ADJ
dem-16103	63	16	causal	causal	ADJ
dem-16103	63	17	relationship	relationship	NOUN
dem-16103	63	18	from	from	ADP
dem-16103	63	19	credit	credit	NOUN
dem-16103	63	20	provided	provide	VERB
dem-16103	63	21	by	by	ADP
dem-16103	63	22	banks	bank	NOUN
dem-16103	63	23	to	to	ADP
dem-16103	63	24	the	the	DET
dem-16103	63	25	development	development	NOUN
dem-16103	63	26	of	of	ADP
dem-16103	63	27	economic	economic	ADJ
dem-16103	63	28	growth	growth	NOUN
dem-16103	63	29	.	.	PUNCT
dem-16103	64	1	osman	osman	PROPN
dem-16103	64	2	(	(	PUNCT
dem-16103	64	3	2014	2014	NUM
dem-16103	64	4	)	)	PUNCT
dem-16103	64	5	examined	examine	VERB
dem-16103	64	6	impact	impact	NOUN
dem-16103	64	7	of	of	ADP
dem-16103	64	8	private	private	ADJ
dem-16103	64	9	sector	sector	NOUN
dem-16103	64	10	credit	credit	NOUN
dem-16103	64	11	on	on	ADP
dem-16103	64	12	the	the	DET
dem-16103	64	13	economic	economic	ADJ
dem-16103	64	14	growth	growth	NOUN
dem-16103	64	15	of	of	ADP
dem-16103	64	16	saudi	saudi	PROPN
dem-16103	64	17	arabia	arabia	PROPN
dem-16103	64	18	using	use	VERB
dem-16103	64	19	ardl	ardl	NOUN
dem-16103	64	20	model	model	NOUN
dem-16103	64	21	and	and	CCONJ
dem-16103	64	22	concluded	conclude	VERB
dem-16103	64	23	that	that	SCONJ
dem-16103	64	24	there	there	PRON
dem-16103	64	25	is	be	VERB
dem-16103	64	26	long	long	ADV
dem-16103	64	27	-	-	PUNCT
dem-16103	64	28	run	run	NOUN
dem-16103	64	29	as	as	ADV
dem-16103	64	30	well	well	ADV
dem-16103	64	31	as	as	ADP
dem-16103	64	32	short	short	ADJ
dem-16103	64	33	-	-	PUNCT
dem-16103	64	34	run	run	NOUN
dem-16103	64	35	relationship	relationship	NOUN
dem-16103	64	36	between	between	ADP
dem-16103	64	37	private	private	ADJ
dem-16103	64	38	sector	sector	NOUN
dem-16103	64	39	credit	credit	NOUN
dem-16103	64	40	and	and	CCONJ
dem-16103	64	41	economic	economic	ADJ
dem-16103	64	42	growth	growth	NOUN
dem-16103	64	43	of	of	ADP
dem-16103	64	44	saudi	saudi	PROPN
dem-16103	64	45	arabia	arabia	PROPN
dem-16103	64	46	.	.	PUNCT
dem-16103	65	1	the	the	DET
dem-16103	65	2	study	study	NOUN
dem-16103	65	3	suggested	suggest	VERB
dem-16103	65	4	bank	bank	NOUN
dem-16103	65	5	credit	credit	NOUN
dem-16103	65	6	to	to	ADP
dem-16103	65	7	private	private	ADJ
dem-16103	65	8	sector	sector	NOUN
dem-16103	65	9	as	as	ADP
dem-16103	65	10	an	an	DET
dem-16103	65	11	important	important	ADJ
dem-16103	65	12	contributor	contributor	NOUN
dem-16103	65	13	towards	towards	ADP
dem-16103	65	14	the	the	DET
dem-16103	65	15	economic	economic	ADJ
dem-16103	65	16	growth	growth	NOUN
dem-16103	65	17	of	of	ADP
dem-16103	65	18	saudi	saudi	PROPN
dem-16103	65	19	arabia	arabia	PROPN
dem-16103	65	20	.	.	PUNCT
dem-16103	66	1	similarly	similarly	ADV
dem-16103	66	2	,	,	PUNCT
dem-16103	66	3	emecheta	emecheta	ADJ
dem-16103	66	4	and	and	CCONJ
dem-16103	66	5	ibe	ibe	PROPN
dem-16103	66	6	(	(	PUNCT
dem-16103	66	7	2014	2014	NUM
dem-16103	66	8	)	)	PUNCT
dem-16103	66	9	concluded	conclude	VERB
dem-16103	66	10	a	a	DET
dem-16103	66	11	positive	positive	ADJ
dem-16103	66	12	and	and	CCONJ
dem-16103	66	13	statistically	statistically	ADV
dem-16103	66	14	significant	significant	ADJ
dem-16103	66	15	relationship	relationship	NOUN
dem-16103	66	16	between	between	ADP
dem-16103	66	17	bank	bank	NOUN
dem-16103	66	18	credit	credit	NOUN
dem-16103	66	19	to	to	ADP
dem-16103	66	20	private	private	ADJ
dem-16103	66	21	sector	sector	NOUN
dem-16103	66	22	,	,	PUNCT
dem-16103	66	23	broad	broad	ADJ
dem-16103	66	24	money	money	NOUN
dem-16103	66	25	and	and	CCONJ
dem-16103	66	26	economic	economic	ADJ
dem-16103	66	27	growth	growth	NOUN
dem-16103	66	28	in	in	ADP
dem-16103	66	29	nigeria	nigeria	PROPN
dem-16103	66	30	.	.	PUNCT
dem-16103	67	1	in	in	ADP
dem-16103	67	2	a	a	DET
dem-16103	67	3	more	more	ADV
dem-16103	67	4	recent	recent	ADJ
dem-16103	67	5	study	study	NOUN
dem-16103	67	6	korkmaz	korkmaz	NOUN
dem-16103	67	7	(	(	PUNCT
dem-16103	67	8	2015	2015	NUM
dem-16103	67	9	)	)	PUNCT
dem-16103	67	10	found	find	VERB
dem-16103	67	11	a	a	DET
dem-16103	67	12	significant	significant	ADJ
dem-16103	67	13	role	role	NOUN
dem-16103	67	14	of	of	ADP
dem-16103	67	15	domestic	domestic	ADJ
dem-16103	67	16	credit	credit	NOUN
dem-16103	67	17	provided	provide	VERB
dem-16103	67	18	by	by	ADP
dem-16103	67	19	banking	banking	NOUN
dem-16103	67	20	sector	sector	NOUN
dem-16103	67	21	on	on	ADP
dem-16103	67	22	economic	economic	ADJ
dem-16103	67	23	growth	growth	NOUN
dem-16103	67	24	for	for	ADP
dem-16103	67	25	selected	select	VERB
dem-16103	67	26	europian	europian	ADJ
dem-16103	67	27	economies	economy	NOUN
dem-16103	67	28	.	.	PUNCT
dem-16103	68	1	furthermore	furthermore	ADV
dem-16103	68	2	,	,	PUNCT
dem-16103	68	3	there	there	PRON
dem-16103	68	4	are	be	VERB
dem-16103	68	5	some	some	DET
dem-16103	68	6	studies	study	NOUN
dem-16103	68	7	in	in	ADP
dem-16103	68	8	the	the	DET
dem-16103	68	9	recent	recent	ADJ
dem-16103	68	10	literature	literature	NOUN
dem-16103	68	11	which	which	PRON
dem-16103	68	12	support	support	VERB
dem-16103	68	13	the	the	DET
dem-16103	68	14	uni	uni	ADJ
dem-16103	68	15	-	-	ADJ
dem-16103	68	16	directional	directional	ADJ
dem-16103	68	17	causality	causality	NOUN
dem-16103	68	18	hypothesis	hypothesis	NOUN
dem-16103	68	19	from	from	ADP
dem-16103	68	20	economic	economic	ADJ
dem-16103	68	21	growth	growth	NOUN
dem-16103	68	22	to	to	ADP
dem-16103	68	23	bank	bank	NOUN
dem-16103	68	24	credit	credit	NOUN
dem-16103	68	25	.	.	PUNCT
dem-16103	69	1	in	in	ADP
dem-16103	69	2	a	a	DET
dem-16103	69	3	study	study	NOUN
dem-16103	69	4	onuorah	onuorah	NOUN
dem-16103	69	5	and	and	CCONJ
dem-16103	69	6	ozurumba	ozurumba	NOUN
dem-16103	69	7	(	(	PUNCT
dem-16103	69	8	2013	2013	NUM
dem-16103	69	9	)	)	PUNCT
dem-16103	69	10	suggested	suggest	VERB
dem-16103	69	11	a	a	DET
dem-16103	69	12	uni	uni	ADJ
dem-16103	69	13	-	-	ADJ
dem-16103	69	14	directional	directional	ADJ
dem-16103	69	15	relationship	relationship	NOUN
dem-16103	69	16	running	run	VERB
dem-16103	69	17	from	from	ADP
dem-16103	69	18	economic	economic	ADJ
dem-16103	69	19	growth	growth	NOUN
dem-16103	69	20	to	to	ADP
dem-16103	69	21	credit	credit	NOUN
dem-16103	69	22	provided	provide	VERB
dem-16103	69	23	by	by	ADP
dem-16103	69	24	banks	bank	NOUN
dem-16103	69	25	.	.	PUNCT
dem-16103	70	1	similarly	similarly	ADV
dem-16103	70	2	,	,	PUNCT
dem-16103	70	3	obradovic	obradovic	ADJ
dem-16103	70	4	and	and	CCONJ
dem-16103	70	5	grbic	grbic	ADJ
dem-16103	70	6	(	(	PUNCT
dem-16103	70	7	2015	2015	NUM
dem-16103	70	8	)	)	PUNCT
dem-16103	70	9	suggested	suggest	VERB
dem-16103	70	10	that	that	SCONJ
dem-16103	70	11	economic	economic	ADJ
dem-16103	70	12	growth	growth	NOUN
dem-16103	70	13	contributes	contribute	VERB
dem-16103	70	14	to	to	ADP
dem-16103	70	15	financial	financial	ADJ
dem-16103	70	16	deepening	deepening	NOUN
dem-16103	70	17	.	.	PUNCT
dem-16103	71	1	the	the	DET
dem-16103	71	2	study	study	NOUN
dem-16103	71	3	identified	identify	VERB
dem-16103	71	4	a	a	DET
dem-16103	71	5	uni	uni	ADJ
dem-16103	71	6	-	-	ADJ
dem-16103	71	7	directional	directional	ADJ
dem-16103	71	8	causality	causality	NOUN
dem-16103	71	9	running	run	VERB
dem-16103	71	10	from	from	ADP
dem-16103	71	11	private	private	ADJ
dem-16103	71	12	enterprise	enterprise	NOUN
dem-16103	71	13	credit	credit	NOUN
dem-16103	71	14	to	to	ADP
dem-16103	71	15	economic	economic	ADJ
dem-16103	71	16	growth	growth	NOUN
dem-16103	71	17	of	of	ADP
dem-16103	71	18	serbia	serbia	PROPN
dem-16103	71	19	.	.	PUNCT
dem-16103	72	1	in	in	ADP
dem-16103	72	2	a	a	DET
dem-16103	72	3	more	more	ADV
dem-16103	72	4	recent	recent	ADJ
dem-16103	72	5	study	study	NOUN
dem-16103	72	6	aydi	aydi	VERB
dem-16103	72	7	and	and	CCONJ
dem-16103	72	8	aguir	aguir	PROPN
dem-16103	72	9	(	(	PUNCT
dem-16103	72	10	2017	2017	NUM
dem-16103	72	11	)	)	PUNCT
dem-16103	72	12	considering	consider	VERB
dem-16103	72	13	southern	southern	ADJ
dem-16103	72	14	mediterrean	mediterrean	ADJ
dem-16103	72	15	countries	country	NOUN
dem-16103	72	16	indicated	indicate	VERB
dem-16103	72	17	a	a	DET
dem-16103	72	18	strong	strong	ADJ
dem-16103	72	19	positive	positive	ADJ
dem-16103	72	20	relationship	relationship	NOUN
dem-16103	72	21	between	between	ADP
dem-16103	72	22	financial	financial	ADJ
dem-16103	72	23	development	development	NOUN
dem-16103	72	24	and	and	CCONJ
dem-16103	72	25	economic	economic	ADJ
dem-16103	72	26	growth	growth	NOUN
dem-16103	72	27	.	.	PUNCT
dem-16103	73	1	the	the	DET
dem-16103	73	2	study	study	NOUN
dem-16103	73	3	focused	focus	VERB
dem-16103	73	4	more	more	ADV
dem-16103	73	5	on	on	ADP
dem-16103	73	6	the	the	DET
dem-16103	73	7	advancement	advancement	NOUN
dem-16103	73	8	and	and	CCONJ
dem-16103	73	9	more	more	ADJ
dem-16103	73	10	innovation	innovation	NOUN
dem-16103	73	11	of	of	ADP
dem-16103	73	12	banking	banking	NOUN
dem-16103	73	13	sector	sector	NOUN
dem-16103	73	14	.	.	PUNCT
dem-16103	74	1	in	in	ADP
dem-16103	74	2	a	a	DET
dem-16103	74	3	somewhat	somewhat	ADV
dem-16103	74	4	similar	similar	ADJ
dem-16103	74	5	study	study	NOUN
dem-16103	74	6	witkowska	witkowska	NOUN
dem-16103	74	7	and	and	CCONJ
dem-16103	74	8	kompa	kompa	NOUN
dem-16103	74	9	(	(	PUNCT
dem-16103	74	10	2017	2017	NUM
dem-16103	74	11	)	)	PUNCT
dem-16103	74	12	identified	identify	VERB
dem-16103	74	13	strong	strong	ADJ
dem-16103	74	14	relationship	relationship	NOUN
dem-16103	74	15	between	between	ADP
dem-16103	74	16	change	change	NOUN
dem-16103	74	17	in	in	ADP
dem-16103	74	18	the	the	DET
dem-16103	74	19	political	political	ADJ
dem-16103	74	20	envionment	envionment	NOUN
dem-16103	74	21	and	and	CCONJ
dem-16103	74	22	the	the	DET
dem-16103	74	23	development	development	NOUN
dem-16103	74	24	of	of	ADP
dem-16103	74	25	the	the	DET
dem-16103	74	26	financial	financial	ADJ
dem-16103	74	27	system	system	NOUN
dem-16103	74	28	in	in	ADP
dem-16103	74	29	poland	poland	PROPN
dem-16103	74	30	.	.	PUNCT
dem-16103	75	1	bist	bist	NOUN
dem-16103	75	2	(	(	PUNCT
dem-16103	75	3	2018	2018	NUM
dem-16103	75	4	)	)	PUNCT
dem-16103	75	5	considering	consider	VERB
dem-16103	75	6	a	a	DET
dem-16103	75	7	panel	panel	NOUN
dem-16103	75	8	of	of	ADP
dem-16103	75	9	16	16	NUM
dem-16103	75	10	african	african	ADJ
dem-16103	75	11	countries	country	NOUN
dem-16103	75	12	highlighted	highlight	VERB
dem-16103	75	13	the	the	DET
dem-16103	75	14	presence	presence	NOUN
dem-16103	75	15	of	of	ADP
dem-16103	75	16	long	long	ADJ
dem-16103	75	17	-	-	PUNCT
dem-16103	75	18	run	run	NOUN
dem-16103	75	19	relationship	relationship	NOUN
dem-16103	75	20	between	between	ADP
dem-16103	75	21	financial	financial	ADJ
dem-16103	75	22	development	development	NOUN
dem-16103	75	23	and	and	CCONJ
dem-16103	75	24	economic	economic	ADJ
dem-16103	75	25	growth	growth	NOUN
dem-16103	75	26	with	with	ADP
dem-16103	75	27	a	a	DET
dem-16103	75	28	positive	positive	ADJ
dem-16103	75	29	relationship	relationship	NOUN
dem-16103	75	30	from	from	ADP
dem-16103	75	31	the	the	DET
dem-16103	75	32	indicators	indicator	NOUN
dem-16103	75	33	of	of	ADP
dem-16103	75	34	financial	financial	ADJ
dem-16103	75	35	development	development	NOUN
dem-16103	75	36	towards	towards	ADP
dem-16103	75	37	the	the	DET
dem-16103	75	38	economic	economic	ADJ
dem-16103	75	39	growth	growth	NOUN
dem-16103	75	40	.	.	PUNCT
dem-16103	76	1	the	the	DET
dem-16103	76	2	study	study	NOUN
dem-16103	76	3	emphasized	emphasize	VERB
dem-16103	76	4	on	on	ADP
dem-16103	76	5	extending	extend	VERB
dem-16103	76	6	of	of	ADP
dem-16103	76	7	credit	credit	NOUN
dem-16103	76	8	facility	facility	NOUN
dem-16103	76	9	to	to	ADP
dem-16103	76	10	the	the	DET
dem-16103	76	11	private	private	ADJ
dem-16103	76	12	sector	sector	NOUN
dem-16103	76	13	in	in	ADP
dem-16103	76	14	these	these	DET
dem-16103	76	15	countries	country	NOUN
dem-16103	76	16	for	for	ADP
dem-16103	76	17	achieving	achieve	VERB
dem-16103	76	18	more	more	ADJ
dem-16103	76	19	growth	growth	NOUN
dem-16103	76	20	.	.	PUNCT
dem-16103	77	1	in	in	ADP
dem-16103	77	2	another	another	DET
dem-16103	77	3	study	study	NOUN
dem-16103	77	4	younis	younis	NOUN
dem-16103	77	5	and	and	CCONJ
dem-16103	77	6	bechtini	bechtini	PROPN
dem-16103	77	7	(	(	PUNCT
dem-16103	77	8	2018	2018	NUM
dem-16103	77	9	)	)	PUNCT
dem-16103	77	10	uncovered	uncover	VERB
dem-16103	77	11	one	one	NUM
dem-16103	77	12	-	-	PUNCT
dem-16103	77	13	way	way	NOUN
dem-16103	77	14	causality	causality	NOUN
dem-16103	77	15	from	from	ADP
dem-16103	77	16	financial	financial	ADJ
dem-16103	77	17	development	development	NOUN
dem-16103	77	18	to	to	ADP
dem-16103	77	19	inequality	inequality	NOUN
dem-16103	77	20	in	in	ADP
dem-16103	77	21	income	income	NOUN
dem-16103	77	22	in	in	ADP
dem-16103	77	23	brics	bric	NOUN
dem-16103	77	24	countries	country	NOUN
dem-16103	77	25	.	.	PUNCT
dem-16103	78	1	in	in	ADP
dem-16103	78	2	another	another	DET
dem-16103	78	3	study	study	NOUN
dem-16103	78	4	nyasha	nyasha	NOUN
dem-16103	78	5	and	and	CCONJ
dem-16103	78	6	odhiambo	odhiambo	ADJ
dem-16103	78	7	(	(	PUNCT
dem-16103	78	8	2018	2018	NUM
dem-16103	78	9	)	)	PUNCT
dem-16103	78	10	illustrated	illustrate	VERB
dem-16103	78	11	the	the	DET
dem-16103	78	12	crucial	crucial	ADJ
dem-16103	78	13	role	role	NOUN
dem-16103	78	14	of	of	ADP
dem-16103	78	15	financial	financial	ADJ
dem-16103	78	16	development	development	NOUN
dem-16103	78	17	in	in	ADP
dem-16103	78	18	accelarting	accelarte	VERB
dem-16103	78	19	economic	economic	ADJ
dem-16103	78	20	growth	growth	NOUN
dem-16103	78	21	in	in	ADP
dem-16103	78	22	south	south	PROPN
dem-16103	78	23	africa	africa	PROPN
dem-16103	78	24	.	.	PUNCT
dem-16103	79	1	in	in	ADP
dem-16103	79	2	indian	indian	ADJ
dem-16103	79	3	context	context	NOUN
dem-16103	79	4	considering	consider	VERB
dem-16103	79	5	25	25	NUM
dem-16103	79	6	states	state	NOUN
dem-16103	79	7	,	,	PUNCT
dem-16103	79	8	mishra	mishra	PROPN
dem-16103	79	9	(	(	PUNCT
dem-16103	79	10	2003	2003	NUM
dem-16103	79	11	)	)	PUNCT
dem-16103	79	12	studied	study	VERB
dem-16103	79	13	the	the	DET
dem-16103	79	14	relationship	relationship	NOUN
dem-16103	79	15	between	between	ADP
dem-16103	79	16	financial	financial	ADJ
dem-16103	79	17	credit	credit	NOUN
dem-16103	79	18	provided	provide	VERB
dem-16103	79	19	by	by	ADP
dem-16103	79	20	banks	bank	NOUN
dem-16103	79	21	and	and	CCONJ
dem-16103	79	22	the	the	DET
dem-16103	79	23	economic	economic	ADJ
dem-16103	79	24	growth	growth	NOUN
dem-16103	79	25	and	and	CCONJ
dem-16103	79	26	indicated	indicate	VERB
dem-16103	79	27	a	a	DET
dem-16103	79	28	positive	positive	ADJ
dem-16103	79	29	relationship	relationship	NOUN
dem-16103	79	30	between	between	ADP
dem-16103	79	31	the	the	DET
dem-16103	79	32	two	two	NUM
dem-16103	79	33	.	.	PUNCT
dem-16103	80	1	furthermore	furthermore	ADV
dem-16103	80	2	,	,	PUNCT
dem-16103	80	3	shravani	shravani	PROPN
dem-16103	80	4	sharma	sharma	PROPN
dem-16103	80	5	and	and	CCONJ
dem-16103	80	6	supran	supran	PROPN
dem-16103	80	7	kumar	kumar	PROPN
dem-16103	80	8	dynamic	dynamic	PROPN
dem-16103	80	9	econometric	econometric	ADJ
dem-16103	80	10	models	model	NOUN
dem-16103	80	11	18	18	NUM
dem-16103	80	12	(	(	PUNCT
dem-16103	80	13	2018	2018	NUM
dem-16103	80	14	)	)	PUNCT
dem-16103	81	1	5–34	5–34	NOUN
dem-16103	81	2	10	10	NUM
dem-16103	81	3	using	use	VERB
dem-16103	81	4	multivariate	multivariate	NOUN
dem-16103	81	5	cointegration	cointegration	NOUN
dem-16103	81	6	and	and	CCONJ
dem-16103	81	7	error	error	NOUN
dem-16103	81	8	correction	correction	NOUN
dem-16103	81	9	techniques	technique	NOUN
dem-16103	81	10	for	for	ADP
dem-16103	81	11	indian	indian	ADJ
dem-16103	81	12	economy	economy	NOUN
dem-16103	81	13	,	,	PUNCT
dem-16103	81	14	kamat	kamat	PROPN
dem-16103	81	15	and	and	CCONJ
dem-16103	81	16	kamat	kamat	PROPN
dem-16103	81	17	(	(	PUNCT
dem-16103	81	18	2007	2007	NUM
dem-16103	81	19	)	)	PUNCT
dem-16103	81	20	suggested	suggest	VERB
dem-16103	81	21	strong	strong	ADJ
dem-16103	81	22	evidence	evidence	NOUN
dem-16103	81	23	in	in	ADP
dem-16103	81	24	favour	favour	NOUN
dem-16103	81	25	of	of	ADP
dem-16103	81	26	finance	finance	NOUN
dem-16103	81	27	-	-	PUNCT
dem-16103	81	28	led	lead	VERB
dem-16103	81	29	growth	growth	NOUN
dem-16103	81	30	hypothesis	hypothesis	NOUN
dem-16103	81	31	and	and	CCONJ
dem-16103	81	32	suggested	suggest	VERB
dem-16103	81	33	finance	finance	NOUN
dem-16103	81	34	as	as	ADP
dem-16103	81	35	a	a	DET
dem-16103	81	36	strong	strong	ADJ
dem-16103	81	37	and	and	CCONJ
dem-16103	81	38	leading	leading	ADJ
dem-16103	81	39	indicator	indicator	NOUN
dem-16103	81	40	for	for	ADP
dem-16103	81	41	the	the	DET
dem-16103	81	42	economic	economic	ADJ
dem-16103	81	43	growth	growth	NOUN
dem-16103	81	44	.	.	PUNCT
dem-16103	82	1	moreover	moreover	ADV
dem-16103	82	2	,	,	PUNCT
dem-16103	82	3	the	the	DET
dem-16103	82	4	results	result	NOUN
dem-16103	82	5	of	of	ADP
dem-16103	82	6	the	the	DET
dem-16103	82	7	study	study	NOUN
dem-16103	82	8	also	also	ADV
dem-16103	82	9	provided	provide	VERB
dem-16103	82	10	relevant	relevant	ADJ
dem-16103	82	11	evidence	evidence	NOUN
dem-16103	82	12	that	that	SCONJ
dem-16103	82	13	improvement	improvement	NOUN
dem-16103	82	14	in	in	ADP
dem-16103	82	15	the	the	DET
dem-16103	82	16	stock	stock	NOUN
dem-16103	82	17	market	market	NOUN
dem-16103	82	18	enhances	enhance	VERB
dem-16103	82	19	the	the	DET
dem-16103	82	20	infrastructural	infrastructural	ADJ
dem-16103	82	21	growth	growth	NOUN
dem-16103	82	22	of	of	ADP
dem-16103	82	23	the	the	DET
dem-16103	82	24	economy	economy	NOUN
dem-16103	82	25	.	.	PUNCT
dem-16103	83	1	on	on	ADP
dem-16103	83	2	the	the	DET
dem-16103	83	3	similar	similar	ADJ
dem-16103	83	4	lines	line	NOUN
dem-16103	83	5	,	,	PUNCT
dem-16103	83	6	the	the	DET
dem-16103	83	7	study	study	NOUN
dem-16103	83	8	conducted	conduct	VERB
dem-16103	83	9	by	by	ADP
dem-16103	83	10	singh	singh	PROPN
dem-16103	83	11	(	(	PUNCT
dem-16103	83	12	2008	2008	NUM
dem-16103	83	13	)	)	PUNCT
dem-16103	83	14	indicated	indicate	VERB
dem-16103	83	15	long	long	ADJ
dem-16103	83	16	-	-	PUNCT
dem-16103	83	17	run	run	NOUN
dem-16103	83	18	as	as	ADV
dem-16103	83	19	well	well	ADV
dem-16103	83	20	as	as	ADP
dem-16103	83	21	short	short	ADJ
dem-16103	83	22	-	-	PUNCT
dem-16103	83	23	run	run	NOUN
dem-16103	83	24	relationship	relationship	NOUN
dem-16103	83	25	between	between	ADP
dem-16103	83	26	financial	financial	ADJ
dem-16103	83	27	development	development	NOUN
dem-16103	83	28	and	and	CCONJ
dem-16103	83	29	economic	economic	ADJ
dem-16103	83	30	growth	growth	NOUN
dem-16103	83	31	.	.	PUNCT
dem-16103	84	1	in	in	ADP
dem-16103	84	2	another	another	DET
dem-16103	84	3	attempt	attempt	NOUN
dem-16103	84	4	to	to	PART
dem-16103	84	5	identify	identify	VERB
dem-16103	84	6	the	the	DET
dem-16103	84	7	relationship	relationship	NOUN
dem-16103	84	8	between	between	ADP
dem-16103	84	9	financial	financial	ADJ
dem-16103	84	10	development	development	NOUN
dem-16103	84	11	and	and	CCONJ
dem-16103	84	12	economic	economic	ADJ
dem-16103	84	13	growth	growth	NOUN
dem-16103	84	14	,	,	PUNCT
dem-16103	84	15	arora	arora	PROPN
dem-16103	84	16	(	(	PUNCT
dem-16103	84	17	2012	2012	NUM
dem-16103	84	18	)	)	PUNCT
dem-16103	84	19	presented	present	VERB
dem-16103	84	20	a	a	DET
dem-16103	84	21	multi	multi	ADJ
dem-16103	84	22	-	-	ADJ
dem-16103	84	23	purpose	purpose	NOUN
dem-16103	84	24	and	and	CCONJ
dem-16103	84	25	multidimensional	multidimensional	ADJ
dem-16103	84	26	representation	representation	NOUN
dem-16103	84	27	of	of	ADP
dem-16103	84	28	the	the	DET
dem-16103	84	29	bank	bank	NOUN
dem-16103	84	30	credit	credit	NOUN
dem-16103	84	31	.	.	PUNCT
dem-16103	85	1	the	the	DET
dem-16103	85	2	study	study	NOUN
dem-16103	85	3	proposed	propose	VERB
dem-16103	85	4	that	that	SCONJ
dem-16103	85	5	the	the	DET
dem-16103	85	6	credit	credit	NOUN
dem-16103	85	7	provided	provide	VERB
dem-16103	85	8	by	by	ADP
dem-16103	85	9	banks	bank	NOUN
dem-16103	85	10	acts	act	VERB
dem-16103	85	11	as	as	ADP
dem-16103	85	12	a	a	DET
dem-16103	85	13	base	base	NOUN
dem-16103	85	14	for	for	ADP
dem-16103	85	15	growth	growth	NOUN
dem-16103	85	16	,	,	PUNCT
dem-16103	85	17	globalization	globalization	NOUN
dem-16103	85	18	,	,	PUNCT
dem-16103	85	19	urbanization	urbanization	NOUN
dem-16103	85	20	,	,	PUNCT
dem-16103	85	21	removing	remove	VERB
dem-16103	85	22	the	the	DET
dem-16103	85	23	inequalities	inequality	NOUN
dem-16103	85	24	between	between	ADP
dem-16103	85	25	rural	rural	ADJ
dem-16103	85	26	and	and	CCONJ
dem-16103	85	27	urban	urban	ADJ
dem-16103	85	28	areas	area	NOUN
dem-16103	85	29	,	,	PUNCT
dem-16103	85	30	small	small	ADJ
dem-16103	85	31	and	and	CCONJ
dem-16103	85	32	large	large	ADJ
dem-16103	85	33	borrowers	borrower	NOUN
dem-16103	85	34	and	and	CCONJ
dem-16103	85	35	finally	finally	ADV
dem-16103	85	36	economic	economic	ADJ
dem-16103	85	37	growth	growth	NOUN
dem-16103	85	38	.	.	PUNCT
dem-16103	86	1	the	the	DET
dem-16103	86	2	study	study	NOUN
dem-16103	86	3	subsequently	subsequently	ADV
dem-16103	86	4	,	,	PUNCT
dem-16103	86	5	advocated	advocate	VERB
dem-16103	86	6	a	a	DET
dem-16103	86	7	broader	broad	ADJ
dem-16103	86	8	role	role	NOUN
dem-16103	86	9	of	of	ADP
dem-16103	86	10	credit	credit	NOUN
dem-16103	86	11	,	,	PUNCT
dem-16103	86	12	which	which	PRON
dem-16103	86	13	is	be	AUX
dem-16103	86	14	growth	growth	NOUN
dem-16103	86	15	oriented	orient	VERB
dem-16103	86	16	as	as	ADV
dem-16103	86	17	well	well	ADV
dem-16103	86	18	as	as	ADP
dem-16103	86	19	developmental	developmental	ADJ
dem-16103	86	20	in	in	ADP
dem-16103	86	21	nature	nature	NOUN
dem-16103	86	22	.	.	PUNCT
dem-16103	87	1	in	in	ADP
dem-16103	87	2	another	another	DET
dem-16103	87	3	study	study	NOUN
dem-16103	87	4	,	,	PUNCT
dem-16103	87	5	acharya	acharya	PROPN
dem-16103	87	6	et	et	PROPN
dem-16103	87	7	al	al	PROPN
dem-16103	87	8	.	.	PROPN
dem-16103	87	9	(	(	PUNCT
dem-16103	87	10	2009	2009	NUM
dem-16103	87	11	)	)	PUNCT
dem-16103	87	12	investigated	investigate	VERB
dem-16103	87	13	the	the	DET
dem-16103	87	14	relationship	relationship	NOUN
dem-16103	87	15	between	between	ADP
dem-16103	87	16	the	the	DET
dem-16103	87	17	financial	financial	ADJ
dem-16103	87	18	development	development	NOUN
dem-16103	87	19	and	and	CCONJ
dem-16103	87	20	economic	economic	ADJ
dem-16103	87	21	growth	growth	NOUN
dem-16103	87	22	in	in	ADP
dem-16103	87	23	different	different	ADJ
dem-16103	87	24	sets	set	NOUN
dem-16103	87	25	of	of	ADP
dem-16103	87	26	indian	indian	ADJ
dem-16103	87	27	states	state	NOUN
dem-16103	87	28	including	include	VERB
dem-16103	87	29	bimaru	bimaru	NOUN
dem-16103	87	30	and	and	CCONJ
dem-16103	87	31	nine	nine	NUM
dem-16103	87	32	other	other	ADJ
dem-16103	87	33	states	state	NOUN
dem-16103	87	34	using	use	VERB
dem-16103	87	35	the	the	DET
dem-16103	87	36	credit	credit	NOUN
dem-16103	87	37	outstanding	outstanding	ADJ
dem-16103	87	38	as	as	ADP
dem-16103	87	39	an	an	DET
dem-16103	87	40	indicator	indicator	NOUN
dem-16103	87	41	of	of	ADP
dem-16103	87	42	financial	financial	ADJ
dem-16103	87	43	development	development	NOUN
dem-16103	87	44	and	and	CCONJ
dem-16103	87	45	confirmed	confirm	VERB
dem-16103	87	46	the	the	DET
dem-16103	87	47	relationship	relationship	NOUN
dem-16103	87	48	between	between	ADP
dem-16103	87	49	financial	financial	ADJ
dem-16103	87	50	development	development	NOUN
dem-16103	87	51	and	and	CCONJ
dem-16103	87	52	growth	growth	NOUN
dem-16103	87	53	in	in	ADP
dem-16103	87	54	indian	indian	ADJ
dem-16103	87	55	states	state	NOUN
dem-16103	87	56	.	.	PUNCT
dem-16103	88	1	hye	hye	PROPN
dem-16103	88	2	(	(	PUNCT
dem-16103	88	3	2011	2011	NUM
dem-16103	88	4	)	)	PUNCT
dem-16103	88	5	identified	identify	VERB
dem-16103	88	6	the	the	DET
dem-16103	88	7	relationship	relationship	NOUN
dem-16103	88	8	between	between	ADP
dem-16103	88	9	financial	financial	ADJ
dem-16103	88	10	development	development	NOUN
dem-16103	88	11	and	and	CCONJ
dem-16103	88	12	economic	economic	ADJ
dem-16103	88	13	growth	growth	NOUN
dem-16103	88	14	by	by	ADP
dem-16103	88	15	constructing	construct	VERB
dem-16103	88	16	an	an	DET
dem-16103	88	17	index	index	NOUN
dem-16103	88	18	of	of	ADP
dem-16103	88	19	financial	financial	ADJ
dem-16103	88	20	development	development	NOUN
dem-16103	88	21	including	include	VERB
dem-16103	88	22	four	four	NUM
dem-16103	88	23	financial	financial	ADJ
dem-16103	88	24	variables	variable	NOUN
dem-16103	88	25	.	.	PUNCT
dem-16103	89	1	the	the	DET
dem-16103	89	2	findings	finding	NOUN
dem-16103	89	3	of	of	ADP
dem-16103	89	4	the	the	DET
dem-16103	89	5	study	study	NOUN
dem-16103	89	6	suggested	suggest	VERB
dem-16103	89	7	that	that	SCONJ
dem-16103	89	8	during	during	ADP
dem-16103	89	9	most	most	ADJ
dem-16103	89	10	of	of	ADP
dem-16103	89	11	the	the	DET
dem-16103	89	12	years	year	NOUN
dem-16103	89	13	the	the	DET
dem-16103	89	14	index	index	NOUN
dem-16103	89	15	negatively	negatively	ADV
dem-16103	89	16	related	relate	VERB
dem-16103	89	17	with	with	ADP
dem-16103	89	18	economic	economic	ADJ
dem-16103	89	19	growth	growth	NOUN
dem-16103	89	20	of	of	ADP
dem-16103	89	21	the	the	DET
dem-16103	89	22	country	country	NOUN
dem-16103	89	23	.	.	PUNCT
dem-16103	90	1	giri	giri	PROPN
dem-16103	90	2	and	and	CCONJ
dem-16103	90	3	mohapatra	mohapatra	PROPN
dem-16103	90	4	(	(	PUNCT
dem-16103	90	5	2012	2012	NUM
dem-16103	90	6	)	)	PUNCT
dem-16103	90	7	supported	support	VERB
dem-16103	90	8	the	the	DET
dem-16103	90	9	supply	supply	NOUN
dem-16103	90	10	leading	lead	VERB
dem-16103	90	11	hypothesis	hypothesis	NOUN
dem-16103	90	12	and	and	CCONJ
dem-16103	90	13	highlighted	highlight	VERB
dem-16103	90	14	the	the	DET
dem-16103	90	15	importance	importance	NOUN
dem-16103	90	16	of	of	ADP
dem-16103	90	17	financial	financial	ADJ
dem-16103	90	18	development	development	NOUN
dem-16103	90	19	for	for	ADP
dem-16103	90	20	better	well	ADJ
dem-16103	90	21	growth	growth	NOUN
dem-16103	90	22	in	in	ADP
dem-16103	90	23	indian	indian	ADJ
dem-16103	90	24	context	context	NOUN
dem-16103	90	25	.	.	PUNCT
dem-16103	91	1	in	in	ADP
dem-16103	91	2	the	the	DET
dem-16103	91	3	similar	similar	ADJ
dem-16103	91	4	context	context	NOUN
dem-16103	91	5	,	,	PUNCT
dem-16103	91	6	ray	ray	NOUN
dem-16103	91	7	(	(	PUNCT
dem-16103	91	8	2013	2013	NUM
dem-16103	91	9	)	)	PUNCT
dem-16103	91	10	also	also	ADV
dem-16103	91	11	highlighted	highlight	VERB
dem-16103	91	12	the	the	DET
dem-16103	91	13	positive	positive	ADJ
dem-16103	91	14	role	role	NOUN
dem-16103	91	15	of	of	ADP
dem-16103	91	16	financial	financial	ADJ
dem-16103	91	17	development	development	NOUN
dem-16103	91	18	in	in	ADP
dem-16103	91	19	the	the	DET
dem-16103	91	20	economic	economic	ADJ
dem-16103	91	21	growth	growth	NOUN
dem-16103	91	22	of	of	ADP
dem-16103	91	23	india	india	PROPN
dem-16103	91	24	during	during	ADP
dem-16103	91	25	1990–91	1990–91	NUM
dem-16103	91	26	to	to	ADP
dem-16103	91	27	2010–11	2010–11	NUM
dem-16103	91	28	.	.	PUNCT
dem-16103	92	1	however	however	ADV
dem-16103	92	2	,	,	PUNCT
dem-16103	92	3	using	use	VERB
dem-16103	92	4	aggregate	aggregate	ADJ
dem-16103	92	5	data	datum	NOUN
dem-16103	92	6	,	,	PUNCT
dem-16103	92	7	nain	nain	NOUN
dem-16103	92	8	and	and	CCONJ
dem-16103	92	9	kamaiah	kamaiah	PROPN
dem-16103	92	10	(	(	PUNCT
dem-16103	92	11	2014	2014	NUM
dem-16103	92	12	)	)	PUNCT
dem-16103	92	13	found	find	VERB
dem-16103	92	14	no	no	DET
dem-16103	92	15	evidence	evidence	NOUN
dem-16103	92	16	of	of	ADP
dem-16103	92	17	causality	causality	NOUN
dem-16103	92	18	between	between	ADP
dem-16103	92	19	financial	financial	ADJ
dem-16103	92	20	development	development	NOUN
dem-16103	92	21	and	and	CCONJ
dem-16103	92	22	economic	economic	ADJ
dem-16103	92	23	growth	growth	NOUN
dem-16103	92	24	in	in	ADP
dem-16103	92	25	india	india	PROPN
dem-16103	92	26	.	.	PUNCT
dem-16103	93	1	similarly	similarly	ADV
dem-16103	93	2	,	,	PUNCT
dem-16103	93	3	kumar	kumar	PROPN
dem-16103	93	4	et	et	PROPN
dem-16103	93	5	al	al	PROPN
dem-16103	93	6	.	.	PROPN
dem-16103	94	1	(	(	PUNCT
dem-16103	94	2	2015	2015	NUM
dem-16103	94	3	)	)	PUNCT
dem-16103	94	4	employed	employ	VERB
dem-16103	94	5	toda	toda	NOUN
dem-16103	94	6	and	and	CCONJ
dem-16103	94	7	yamamoto	yamamoto	PROPN
dem-16103	94	8	granger	granger	PROPN
dem-16103	94	9	-	-	PUNCT
dem-16103	94	10	causality	causality	NOUN
dem-16103	94	11	tests	test	NOUN
dem-16103	94	12	for	for	ADP
dem-16103	94	13	south	south	PROPN
dem-16103	94	14	africa	africa	PROPN
dem-16103	94	15	for	for	ADP
dem-16103	94	16	data	datum	NOUN
dem-16103	94	17	over	over	ADP
dem-16103	94	18	the	the	DET
dem-16103	94	19	period	period	NOUN
dem-16103	94	20	1971	1971	NUM
dem-16103	94	21	to	to	ADP
dem-16103	94	22	2011	2011	NUM
dem-16103	94	23	and	and	CCONJ
dem-16103	94	24	confirmed	confirm	VERB
dem-16103	94	25	the	the	DET
dem-16103	94	26	absence	absence	NOUN
dem-16103	94	27	of	of	ADP
dem-16103	94	28	causality	causality	NOUN
dem-16103	94	29	between	between	ADP
dem-16103	94	30	financial	financial	ADJ
dem-16103	94	31	development	development	NOUN
dem-16103	94	32	and	and	CCONJ
dem-16103	94	33	economic	economic	ADJ
dem-16103	94	34	growth	growth	NOUN
dem-16103	94	35	,	,	PUNCT
dem-16103	94	36	thus	thus	ADV
dem-16103	94	37	indicating	indicate	VERB
dem-16103	94	38	that	that	SCONJ
dem-16103	94	39	these	these	DET
dem-16103	94	40	two	two	NUM
dem-16103	94	41	variables	variable	NOUN
dem-16103	94	42	evolve	evolve	VERB
dem-16103	94	43	independently	independently	ADV
dem-16103	94	44	with	with	ADP
dem-16103	94	45	each	each	DET
dem-16103	94	46	other	other	ADJ
dem-16103	94	47	.	.	PUNCT
dem-16103	95	1	similarly	similarly	ADV
dem-16103	95	2	,	,	PUNCT
dem-16103	95	3	kumar	kumar	PROPN
dem-16103	95	4	and	and	CCONJ
dem-16103	95	5	chauhan	chauhan	PROPN
dem-16103	95	6	(	(	PUNCT
dem-16103	95	7	2015	2015	NUM
dem-16103	95	8	)	)	PUNCT
dem-16103	95	9	did	do	AUX
dem-16103	95	10	not	not	PART
dem-16103	95	11	find	find	VERB
dem-16103	95	12	any	any	DET
dem-16103	95	13	evidence	evidence	NOUN
dem-16103	95	14	of	of	ADP
dem-16103	95	15	causality	causality	NOUN
dem-16103	95	16	between	between	ADP
dem-16103	95	17	saving	save	VERB
dem-16103	95	18	deposits	deposit	NOUN
dem-16103	95	19	with	with	ADP
dem-16103	95	20	commercial	commercial	ADJ
dem-16103	95	21	bank	bank	NOUN
dem-16103	95	22	and	and	CCONJ
dem-16103	95	23	economic	economic	ADJ
dem-16103	95	24	growth	growth	NOUN
dem-16103	95	25	of	of	ADP
dem-16103	95	26	india	india	PROPN
dem-16103	95	27	.	.	PUNCT
dem-16103	96	1	the	the	DET
dem-16103	96	2	existing	exist	VERB
dem-16103	96	3	literature	literature	NOUN
dem-16103	96	4	on	on	ADP
dem-16103	96	5	the	the	DET
dem-16103	96	6	subject	subject	NOUN
dem-16103	96	7	matter	matter	NOUN
dem-16103	96	8	centred	centre	VERB
dem-16103	96	9	on	on	ADP
dem-16103	96	10	different	different	ADJ
dem-16103	96	11	variables	variable	NOUN
dem-16103	96	12	,	,	PUNCT
dem-16103	96	13	covering	cover	VERB
dem-16103	96	14	different	different	ADJ
dem-16103	96	15	countries	country	NOUN
dem-16103	96	16	/	/	SYM
dem-16103	96	17	states	state	NOUN
dem-16103	96	18	,	,	PUNCT
dem-16103	96	19	utilizing	utilize	VERB
dem-16103	96	20	different	different	ADJ
dem-16103	96	21	econometric	econometric	ADJ
dem-16103	96	22	techniques	technique	NOUN
dem-16103	96	23	,	,	PUNCT
dem-16103	96	24	considering	consider	VERB
dem-16103	96	25	different	different	ADJ
dem-16103	96	26	time	time	NOUN
dem-16103	96	27	frames	frame	NOUN
dem-16103	96	28	,	,	PUNCT
dem-16103	96	29	and	and	CCONJ
dem-16103	96	30	hence	hence	ADV
dem-16103	96	31	,	,	PUNCT
dem-16103	96	32	presented	present	VERB
dem-16103	96	33	varied	varied	ADJ
dem-16103	96	34	results	result	NOUN
dem-16103	96	35	too	too	ADV
dem-16103	96	36	.	.	PUNCT
dem-16103	97	1	though	though	ADV
dem-16103	97	2	,	,	PUNCT
dem-16103	97	3	there	there	PRON
dem-16103	97	4	are	be	VERB
dem-16103	97	5	many	many	ADJ
dem-16103	97	6	studies	study	NOUN
dem-16103	97	7	in	in	ADP
dem-16103	97	8	indian	indian	ADJ
dem-16103	97	9	context	context	NOUN
dem-16103	97	10	uncovering	uncover	VERB
dem-16103	97	11	the	the	DET
dem-16103	97	12	dynamics	dynamic	NOUN
dem-16103	97	13	of	of	ADP
dem-16103	97	14	financial	financial	ADJ
dem-16103	97	15	development	development	NOUN
dem-16103	97	16	and	and	CCONJ
dem-16103	97	17	economic	economic	ADJ
dem-16103	97	18	growth	growth	NOUN
dem-16103	97	19	:	:	PUNCT
dem-16103	97	20	panel	panel	NOUN
dem-16103	97	21	data	data	VERB
dem-16103	97	22	analysis	analysis	NOUN
dem-16103	97	23	…	…	SYM
dem-16103	97	24	dynamic	dynamic	ADJ
dem-16103	97	25	econometric	econometric	ADJ
dem-16103	97	26	models	model	NOUN
dem-16103	97	27	18	18	NUM
dem-16103	97	28	(	(	PUNCT
dem-16103	97	29	2018	2018	NUM
dem-16103	97	30	)	)	PUNCT
dem-16103	97	31	5–34	5–34	NOUN
dem-16103	97	32	11	11	NUM
dem-16103	97	33	relationship	relationship	NOUN
dem-16103	97	34	between	between	ADP
dem-16103	97	35	the	the	DET
dem-16103	97	36	two	two	NUM
dem-16103	97	37	however	however	ADV
dem-16103	97	38	,	,	PUNCT
dem-16103	97	39	most	most	ADJ
dem-16103	97	40	of	of	ADP
dem-16103	97	41	them	they	PRON
dem-16103	97	42	either	either	CCONJ
dem-16103	97	43	focused	focus	VERB
dem-16103	97	44	on	on	ADP
dem-16103	97	45	few	few	ADJ
dem-16103	97	46	numbers	number	NOUN
dem-16103	97	47	of	of	ADP
dem-16103	97	48	states	state	NOUN
dem-16103	97	49	or	or	CCONJ
dem-16103	97	50	the	the	DET
dem-16103	97	51	time	time	NOUN
dem-16103	97	52	frame	frame	NOUN
dem-16103	97	53	considered	consider	VERB
dem-16103	97	54	was	be	AUX
dem-16103	97	55	inadequate	inadequate	ADJ
dem-16103	97	56	.	.	PUNCT
dem-16103	98	1	therefore	therefore	ADV
dem-16103	98	2	,	,	PUNCT
dem-16103	98	3	testing	test	VERB
dem-16103	98	4	the	the	DET
dem-16103	98	5	same	same	ADJ
dem-16103	98	6	relationship	relationship	NOUN
dem-16103	98	7	with	with	ADP
dem-16103	98	8	larger	large	ADJ
dem-16103	98	9	data	datum	NOUN
dem-16103	98	10	set	set	VERB
dem-16103	98	11	will	will	AUX
dem-16103	98	12	provide	provide	VERB
dem-16103	98	13	better	well	ADJ
dem-16103	98	14	and	and	CCONJ
dem-16103	98	15	reliable	reliable	ADJ
dem-16103	98	16	results	result	NOUN
dem-16103	98	17	.	.	PUNCT
dem-16103	99	1	moreover	moreover	ADV
dem-16103	99	2	,	,	PUNCT
dem-16103	99	3	the	the	DET
dem-16103	99	4	literature	literature	NOUN
dem-16103	99	5	focusing	focus	VERB
dem-16103	99	6	on	on	ADP
dem-16103	99	7	the	the	DET
dem-16103	99	8	pooled	pool	VERB
dem-16103	99	9	data	datum	NOUN
dem-16103	99	10	of	of	ADP
dem-16103	99	11	states	state	NOUN
dem-16103	99	12	with	with	ADP
dem-16103	99	13	empirical	empirical	ADJ
dem-16103	99	14	data	datum	NOUN
dem-16103	99	15	is	be	AUX
dem-16103	99	16	also	also	ADV
dem-16103	99	17	very	very	ADV
dem-16103	99	18	limited	limited	ADJ
dem-16103	99	19	in	in	ADP
dem-16103	99	20	indian	indian	ADJ
dem-16103	99	21	context	context	NOUN
dem-16103	99	22	.	.	PUNCT
dem-16103	100	1	thus	thus	ADV
dem-16103	100	2	,	,	PUNCT
dem-16103	100	3	in	in	ADP
dem-16103	100	4	this	this	DET
dem-16103	100	5	regard	regard	NOUN
dem-16103	100	6	the	the	DET
dem-16103	100	7	present	present	ADJ
dem-16103	100	8	study	study	NOUN
dem-16103	100	9	contributes	contribute	VERB
dem-16103	100	10	to	to	ADP
dem-16103	100	11	the	the	DET
dem-16103	100	12	literature	literature	NOUN
dem-16103	100	13	by	by	ADP
dem-16103	100	14	providing	provide	VERB
dem-16103	100	15	evidence	evidence	NOUN
dem-16103	100	16	and	and	CCONJ
dem-16103	100	17	hence	hence	ADV
dem-16103	100	18	,	,	PUNCT
dem-16103	100	19	fulfilling	fulfil	VERB
dem-16103	100	20	the	the	DET
dem-16103	100	21	gap	gap	NOUN
dem-16103	100	22	by	by	ADP
dem-16103	100	23	undertaking	undertake	VERB
dem-16103	100	24	panel	panel	NOUN
dem-16103	100	25	data	datum	NOUN
dem-16103	100	26	analysis	analysis	NOUN
dem-16103	100	27	of	of	ADP
dem-16103	100	28	23	23	NUM
dem-16103	100	29	indian	indian	ADJ
dem-16103	100	30	states	state	NOUN
dem-16103	100	31	over	over	ADP
dem-16103	100	32	a	a	DET
dem-16103	100	33	period	period	NOUN
dem-16103	100	34	of	of	ADP
dem-16103	100	35	17	17	NUM
dem-16103	100	36	years	year	NOUN
dem-16103	100	37	.	.	PUNCT
dem-16103	101	1	hence	hence	ADV
dem-16103	101	2	,	,	PUNCT
dem-16103	101	3	the	the	DET
dem-16103	101	4	present	present	ADJ
dem-16103	101	5	study	study	NOUN
dem-16103	101	6	is	be	AUX
dem-16103	101	7	pursued	pursue	VERB
dem-16103	101	8	in	in	ADP
dem-16103	101	9	this	this	DET
dem-16103	101	10	direction	direction	NOUN
dem-16103	101	11	to	to	PART
dem-16103	101	12	fill	fill	VERB
dem-16103	101	13	the	the	DET
dem-16103	101	14	existing	exist	VERB
dem-16103	101	15	gap	gap	NOUN
dem-16103	101	16	.	.	PUNCT
dem-16103	102	1	2	2	X
dem-16103	102	2	.	.	X
dem-16103	102	3	research	research	NOUN
dem-16103	102	4	methodology	methodology	NOUN
dem-16103	102	5	2.1	2.1	NUM
dem-16103	102	6	.	.	PUNCT
dem-16103	103	1	sources	source	NOUN
dem-16103	103	2	of	of	ADP
dem-16103	103	3	data	datum	NOUN
dem-16103	103	4	and	and	CCONJ
dem-16103	103	5	variables	variable	NOUN
dem-16103	103	6	used	use	VERB
dem-16103	103	7	there	there	PRON
dem-16103	103	8	is	be	VERB
dem-16103	103	9	significant	significant	ADJ
dem-16103	103	10	advantage	advantage	NOUN
dem-16103	103	11	of	of	ADP
dem-16103	103	12	using	use	VERB
dem-16103	103	13	panel	panel	NOUN
dem-16103	103	14	data	datum	NOUN
dem-16103	103	15	or	or	CCONJ
dem-16103	103	16	pooled	pool	VERB
dem-16103	103	17	data	datum	NOUN
dem-16103	103	18	over	over	ADP
dem-16103	103	19	cross	cross	ADJ
dem-16103	103	20	-	-	ADJ
dem-16103	103	21	sectional	sectional	ADJ
dem-16103	103	22	and	and	CCONJ
dem-16103	103	23	/or	/or	ADV
dem-16103	103	24	time	time	NOUN
dem-16103	103	25	-	-	PUNCT
dem-16103	103	26	series	series	NOUN
dem-16103	103	27	data	datum	NOUN
dem-16103	103	28	as	as	SCONJ
dem-16103	103	29	the	the	DET
dem-16103	103	30	panel	panel	NOUN
dem-16103	103	31	data	datum	NOUN
dem-16103	103	32	increases	increase	VERB
dem-16103	103	33	the	the	DET
dem-16103	103	34	degree	degree	NOUN
dem-16103	103	35	of	of	ADP
dem-16103	103	36	freedom	freedom	NOUN
dem-16103	103	37	for	for	ADP
dem-16103	103	38	estimation	estimation	NOUN
dem-16103	103	39	of	of	ADP
dem-16103	103	40	parameters	parameter	NOUN
dem-16103	103	41	and	and	CCONJ
dem-16103	103	42	hence	hence	ADV
dem-16103	103	43	facilitates	facilitate	VERB
dem-16103	103	44	the	the	DET
dem-16103	103	45	use	use	NOUN
dem-16103	103	46	of	of	ADP
dem-16103	103	47	multivariate	multivariate	NOUN
dem-16103	103	48	analysis	analysis	NOUN
dem-16103	103	49	techniques	technique	NOUN
dem-16103	103	50	(	(	PUNCT
dem-16103	103	51	hassan	hassan	PROPN
dem-16103	103	52	et	et	PROPN
dem-16103	103	53	al	al	PROPN
dem-16103	103	54	.	.	PROPN
dem-16103	103	55	,	,	PUNCT
dem-16103	103	56	2011	2011	NUM
dem-16103	103	57	)	)	PUNCT
dem-16103	103	58	.	.	PUNCT
dem-16103	104	1	the	the	DET
dem-16103	104	2	present	present	ADJ
dem-16103	104	3	study	study	NOUN
dem-16103	104	4	utilized	utilize	VERB
dem-16103	104	5	the	the	DET
dem-16103	104	6	state	state	NOUN
dem-16103	104	7	level	level	NOUN
dem-16103	104	8	data	datum	NOUN
dem-16103	104	9	of	of	ADP
dem-16103	104	10	union	union	NOUN
dem-16103	104	11	of	of	ADP
dem-16103	104	12	india	india	PROPN
dem-16103	104	13	for	for	ADP
dem-16103	104	14	the	the	DET
dem-16103	104	15	period	period	NOUN
dem-16103	104	16	of	of	ADP
dem-16103	104	17	1997–1998	1997–1998	NUM
dem-16103	104	18	to	to	ADP
dem-16103	104	19	2015	2015	NUM
dem-16103	104	20	–	–	PUNCT
dem-16103	104	21	–	–	PUNCT
dem-16103	104	22	2016	2016	NUM
dem-16103	104	23	and	and	CCONJ
dem-16103	104	24	the	the	DET
dem-16103	104	25	data	datum	NOUN
dem-16103	104	26	have	have	AUX
dem-16103	104	27	been	be	AUX
dem-16103	104	28	compiled	compile	VERB
dem-16103	104	29	from	from	ADP
dem-16103	104	30	the	the	DET
dem-16103	104	31	various	various	ADJ
dem-16103	104	32	reports	report	NOUN
dem-16103	104	33	of	of	ADP
dem-16103	104	34	reserve	reserve	PROPN
dem-16103	104	35	bank	bank	PROPN
dem-16103	104	36	of	of	ADP
dem-16103	104	37	india	india	PROPN
dem-16103	104	38	including	include	VERB
dem-16103	104	39	handbook	handbook	NOUN
dem-16103	104	40	of	of	ADP
dem-16103	104	41	statistics	statistic	NOUN
dem-16103	104	42	on	on	ADP
dem-16103	104	43	indian	indian	ADJ
dem-16103	104	44	economy	economy	NOUN
dem-16103	104	45	,	,	PUNCT
dem-16103	104	46	basic	basic	ADJ
dem-16103	104	47	statistical	statistical	ADJ
dem-16103	104	48	returns	return	NOUN
dem-16103	104	49	of	of	ADP
dem-16103	104	50	scheduled	schedule	VERB
dem-16103	104	51	commercial	commercial	ADJ
dem-16103	104	52	banks	bank	NOUN
dem-16103	104	53	,	,	PUNCT
dem-16103	104	54	branch	branch	NOUN
dem-16103	104	55	banking	banking	NOUN
dem-16103	104	56	statistics	statistic	NOUN
dem-16103	104	57	for	for	ADP
dem-16103	104	58	the	the	DET
dem-16103	104	59	aforesaid	aforesaid	ADJ
dem-16103	104	60	duration	duration	NOUN
dem-16103	104	61	.	.	PUNCT
dem-16103	105	1	a	a	DET
dem-16103	105	2	total	total	NOUN
dem-16103	105	3	of	of	ADP
dem-16103	105	4	23	23	NUM
dem-16103	105	5	states	state	NOUN
dem-16103	105	6	comprising	comprise	VERB
dem-16103	105	7	andhra	andhra	PROPN
dem-16103	105	8	pradesh	pradesh	PROPN
dem-16103	105	9	,	,	PUNCT
dem-16103	105	10	arunachal	arunachal	PROPN
dem-16103	105	11	pradesh	pradesh	PROPN
dem-16103	105	12	,	,	PUNCT
dem-16103	105	13	assam	assam	PROPN
dem-16103	105	14	,	,	PUNCT
dem-16103	105	15	bihar	bihar	NOUN
dem-16103	105	16	,	,	PUNCT
dem-16103	105	17	gujarat	gujarat	PROPN
dem-16103	105	18	,	,	PUNCT
dem-16103	105	19	haryana	haryana	PROPN
dem-16103	105	20	,	,	PUNCT
dem-16103	105	21	himachal	himachal	PROPN
dem-16103	105	22	pradesh	pradesh	PROPN
dem-16103	105	23	,	,	PUNCT
dem-16103	105	24	jammu	jammu	PROPN
dem-16103	105	25	and	and	CCONJ
dem-16103	105	26	kashmir	kashmir	PROPN
dem-16103	105	27	karnataka	karnataka	PROPN
dem-16103	105	28	,	,	PUNCT
dem-16103	105	29	kerala	kerala	PROPN
dem-16103	105	30	,	,	PUNCT
dem-16103	105	31	madhya	madhya	PROPN
dem-16103	105	32	pradesh	pradesh	PROPN
dem-16103	105	33	,	,	PUNCT
dem-16103	105	34	maharashtra	maharashtra	PROPN
dem-16103	105	35	,	,	PUNCT
dem-16103	105	36	manipur	manipur	PROPN
dem-16103	105	37	,	,	PUNCT
dem-16103	105	38	meghalaya	meghalaya	PROPN
dem-16103	105	39	,	,	PUNCT
dem-16103	105	40	nagaland	nagaland	PROPN
dem-16103	105	41	,	,	PUNCT
dem-16103	105	42	orissa	orissa	PROPN
dem-16103	105	43	,	,	PUNCT
dem-16103	105	44	punjab	punjab	ADJ
dem-16103	105	45	,	,	PUNCT
dem-16103	105	46	rajasthan	rajasthan	PROPN
dem-16103	105	47	,	,	PUNCT
dem-16103	105	48	sikkim	sikkim	PROPN
dem-16103	105	49	,	,	PUNCT
dem-16103	105	50	tamil	tamil	PROPN
dem-16103	105	51	nadu	nadu	PROPN
dem-16103	105	52	,	,	PUNCT
dem-16103	105	53	tripura	tripura	NOUN
dem-16103	105	54	,	,	PUNCT
dem-16103	105	55	uttar	uttar	PROPN
dem-16103	105	56	pradesh	pradesh	PROPN
dem-16103	105	57	and	and	CCONJ
dem-16103	105	58	west	west	PROPN
dem-16103	105	59	bengal	bengal	PROPN
dem-16103	105	60	have	have	AUX
dem-16103	105	61	been	be	AUX
dem-16103	105	62	selected	select	VERB
dem-16103	105	63	for	for	ADP
dem-16103	105	64	the	the	DET
dem-16103	105	65	estimation	estimation	NOUN
dem-16103	105	66	of	of	ADP
dem-16103	105	67	the	the	DET
dem-16103	105	68	relationship	relationship	NOUN
dem-16103	105	69	between	between	ADP
dem-16103	105	70	financial	financial	ADJ
dem-16103	105	71	development	development	NOUN
dem-16103	105	72	and	and	CCONJ
dem-16103	105	73	economic	economic	ADJ
dem-16103	105	74	growth	growth	NOUN
dem-16103	105	75	.	.	PUNCT
dem-16103	106	1	although	although	SCONJ
dem-16103	106	2	,	,	PUNCT
dem-16103	106	3	the	the	DET
dem-16103	106	4	study	study	NOUN
dem-16103	106	5	has	have	AUX
dem-16103	106	6	tried	try	VERB
dem-16103	106	7	to	to	PART
dem-16103	106	8	capture	capture	VERB
dem-16103	106	9	the	the	DET
dem-16103	106	10	overall	overall	ADJ
dem-16103	106	11	scenario	scenario	NOUN
dem-16103	106	12	of	of	ADP
dem-16103	106	13	the	the	DET
dem-16103	106	14	financial	financial	ADJ
dem-16103	106	15	development	development	NOUN
dem-16103	106	16	and	and	CCONJ
dem-16103	106	17	economic	economic	ADJ
dem-16103	106	18	growth	growth	NOUN
dem-16103	106	19	nexus	nexus	NOUN
dem-16103	106	20	by	by	ADP
dem-16103	106	21	including	include	VERB
dem-16103	106	22	all	all	DET
dem-16103	106	23	the	the	DET
dem-16103	106	24	major	major	ADJ
dem-16103	106	25	states	state	NOUN
dem-16103	106	26	,	,	PUNCT
dem-16103	106	27	yet	yet	CCONJ
dem-16103	106	28	the	the	DET
dem-16103	106	29	union	union	NOUN
dem-16103	106	30	territories	territory	NOUN
dem-16103	106	31	of	of	ADP
dem-16103	106	32	india	india	PROPN
dem-16103	106	33	are	be	AUX
dem-16103	106	34	kept	keep	VERB
dem-16103	106	35	out	out	ADP
dem-16103	106	36	of	of	ADP
dem-16103	106	37	the	the	DET
dem-16103	106	38	preview	preview	NOUN
dem-16103	106	39	of	of	ADP
dem-16103	106	40	the	the	DET
dem-16103	106	41	present	present	ADJ
dem-16103	106	42	study	study	NOUN
dem-16103	106	43	.	.	PUNCT
dem-16103	107	1	at	at	ADP
dem-16103	107	2	present	present	ADJ
dem-16103	107	3	,	,	PUNCT
dem-16103	107	4	india	india	PROPN
dem-16103	107	5	is	be	AUX
dem-16103	107	6	a	a	DET
dem-16103	107	7	federation	federation	NOUN
dem-16103	107	8	of	of	ADP
dem-16103	107	9	29	29	NUM
dem-16103	107	10	states	state	NOUN
dem-16103	107	11	and	and	CCONJ
dem-16103	107	12	6	6	NUM
dem-16103	107	13	union	union	NOUN
dem-16103	107	14	territories	territory	NOUN
dem-16103	107	15	.	.	PUNCT
dem-16103	108	1	for	for	ADP
dem-16103	108	2	the	the	DET
dem-16103	108	3	purpose	purpose	NOUN
dem-16103	108	4	of	of	ADP
dem-16103	108	5	the	the	DET
dem-16103	108	6	analysis	analysis	NOUN
dem-16103	108	7	,	,	PUNCT
dem-16103	108	8	the	the	DET
dem-16103	108	9	present	present	ADJ
dem-16103	108	10	study	study	NOUN
dem-16103	108	11	has	have	AUX
dem-16103	108	12	left	leave	VERB
dem-16103	108	13	out	out	ADP
dem-16103	108	14	the	the	DET
dem-16103	108	15	state	state	NOUN
dem-16103	108	16	of	of	ADP
dem-16103	108	17	delhi	delhi	PROPN
dem-16103	108	18	and	and	CCONJ
dem-16103	108	19	the	the	DET
dem-16103	108	20	six	six	NUM
dem-16103	108	21	union	union	NOUN
dem-16103	108	22	territories	territory	NOUN
dem-16103	108	23	,	,	PUNCT
dem-16103	108	24	as	as	SCONJ
dem-16103	108	25	these	these	PRON
dem-16103	108	26	are	be	AUX
dem-16103	108	27	smaller	small	ADJ
dem-16103	108	28	geographical	geographical	ADJ
dem-16103	108	29	units	unit	NOUN
dem-16103	108	30	,	,	PUNCT
dem-16103	108	31	working	working	NOUN
dem-16103	108	32	and	and	CCONJ
dem-16103	108	33	process	process	NOUN
dem-16103	108	34	are	be	AUX
dem-16103	108	35	different	different	ADJ
dem-16103	108	36	.	.	PUNCT
dem-16103	109	1	among	among	ADP
dem-16103	109	2	the	the	DET
dem-16103	109	3	remaining	remain	VERB
dem-16103	109	4	29	29	NUM
dem-16103	109	5	stat0.es	stat0.es	NOUN
dem-16103	109	6	,	,	PUNCT
dem-16103	109	7	three	three	NUM
dem-16103	109	8	states	state	NOUN
dem-16103	109	9	namely	namely	ADV
dem-16103	109	10	uttaranchal	uttaranchal	ADJ
dem-16103	109	11	,	,	PUNCT
dem-16103	109	12	jharkhand	jharkhand	PROPN
dem-16103	109	13	,	,	PUNCT
dem-16103	109	14	and	and	CCONJ
dem-16103	109	15	chhattisgarh	chhattisgarh	NOUN
dem-16103	109	16	,	,	PUNCT
dem-16103	109	17	and	and	CCONJ
dem-16103	109	18	telengana	telengana	PROPN
dem-16103	109	19	carved	carve	VERB
dem-16103	109	20	out	out	ADP
dem-16103	109	21	of	of	ADP
dem-16103	109	22	the	the	DET
dem-16103	109	23	states	state	NOUN
dem-16103	109	24	of	of	ADP
dem-16103	109	25	uttar	uttar	PROPN
dem-16103	109	26	pradesh	pradesh	PROPN
dem-16103	109	27	,	,	PUNCT
dem-16103	109	28	bihar	bihar	PROPN
dem-16103	109	29	,	,	PUNCT
dem-16103	109	30	madhya	madhya	PROPN
dem-16103	109	31	pradesh	pradesh	PROPN
dem-16103	109	32	and	and	CCONJ
dem-16103	109	33	the	the	DET
dem-16103	109	34	state	state	NOUN
dem-16103	109	35	of	of	ADP
dem-16103	109	36	andhra	andhra	PROPN
dem-16103	109	37	pradesh	pradesh	PROPN
dem-16103	109	38	respectively	respectively	ADV
dem-16103	109	39	,	,	PUNCT
dem-16103	109	40	were	be	AUX
dem-16103	109	41	formed	form	VERB
dem-16103	109	42	in	in	ADP
dem-16103	109	43	the	the	DET
dem-16103	109	44	year	year	NOUN
dem-16103	109	45	2000	2000	NUM
dem-16103	109	46	and	and	CCONJ
dem-16103	109	47	later	later	ADV
dem-16103	109	48	.	.	PUNCT
dem-16103	110	1	for	for	ADP
dem-16103	110	2	analysing	analyse	VERB
dem-16103	110	3	the	the	DET
dem-16103	110	4	data	datum	NOUN
dem-16103	110	5	for	for	ADP
dem-16103	110	6	these	these	DET
dem-16103	110	7	four	four	NUM
dem-16103	110	8	states	state	NOUN
dem-16103	110	9	two	two	NUM
dem-16103	110	10	major	major	ADJ
dem-16103	110	11	techniques	technique	NOUN
dem-16103	110	12	were	be	AUX
dem-16103	110	13	available	available	ADJ
dem-16103	110	14	:	:	PUNCT
dem-16103	110	15	(	(	PUNCT
dem-16103	110	16	i	i	NOUN
dem-16103	110	17	)	)	PUNCT
dem-16103	110	18	merging	merge	VERB
dem-16103	110	19	the	the	DET
dem-16103	110	20	data	datum	NOUN
dem-16103	110	21	of	of	ADP
dem-16103	110	22	these	these	DET
dem-16103	110	23	newly	newly	ADV
dem-16103	110	24	formed	form	VERB
dem-16103	110	25	states	state	NOUN
dem-16103	110	26	with	with	ADP
dem-16103	110	27	their	their	PRON
dem-16103	110	28	parent	parent	NOUN
dem-16103	110	29	states	state	NOUN
dem-16103	110	30	and	and	CCONJ
dem-16103	110	31	(	(	PUNCT
dem-16103	110	32	ii	ii	PROPN
dem-16103	110	33	)	)	PUNCT
dem-16103	110	34	the	the	DET
dem-16103	110	35	other	other	ADJ
dem-16103	110	36	option	option	NOUN
dem-16103	110	37	to	to	PART
dem-16103	110	38	analyse	analyse	VERB
dem-16103	110	39	these	these	DET
dem-16103	110	40	states	state	NOUN
dem-16103	110	41	would	would	AUX
dem-16103	110	42	have	have	AUX
dem-16103	110	43	been	be	AUX
dem-16103	110	44	to	to	PART
dem-16103	110	45	split	split	VERB
dem-16103	110	46	the	the	DET
dem-16103	110	47	data	datum	NOUN
dem-16103	110	48	shravani	shravani	PROPN
dem-16103	110	49	sharma	sharma	PROPN
dem-16103	110	50	and	and	CCONJ
dem-16103	110	51	supran	supran	PROPN
dem-16103	110	52	kumar	kumar	PROPN
dem-16103	110	53	dynamic	dynamic	PROPN
dem-16103	110	54	econometric	econometric	ADJ
dem-16103	110	55	models	model	NOUN
dem-16103	110	56	18	18	NUM
dem-16103	110	57	(	(	PUNCT
dem-16103	110	58	2018	2018	NUM
dem-16103	110	59	)	)	PUNCT
dem-16103	110	60	5–34	5–34	NOUN
dem-16103	110	61	12	12	NUM
dem-16103	110	62	before	before	ADP
dem-16103	110	63	2000	2000	NUM
dem-16103	110	64	between	between	ADP
dem-16103	110	65	new	new	ADJ
dem-16103	110	66	states	state	NOUN
dem-16103	110	67	and	and	CCONJ
dem-16103	110	68	their	their	PRON
dem-16103	110	69	parent	parent	NOUN
dem-16103	110	70	states	state	NOUN
dem-16103	110	71	.	.	PUNCT
dem-16103	111	1	for	for	ADP
dem-16103	111	2	this	this	PRON
dem-16103	111	3	,	,	PUNCT
dem-16103	111	4	data	datum	NOUN
dem-16103	111	5	at	at	ADP
dem-16103	111	6	district	district	NOUN
dem-16103	111	7	level	level	NOUN
dem-16103	111	8	would	would	AUX
dem-16103	111	9	be	be	AUX
dem-16103	111	10	needed	need	VERB
dem-16103	111	11	,	,	PUNCT
dem-16103	111	12	which	which	PRON
dem-16103	111	13	is	be	AUX
dem-16103	111	14	not	not	PART
dem-16103	111	15	available	available	ADJ
dem-16103	111	16	in	in	ADP
dem-16103	111	17	public	public	ADJ
dem-16103	111	18	domain	domain	NOUN
dem-16103	111	19	for	for	ADP
dem-16103	111	20	most	most	ADJ
dem-16103	111	21	of	of	ADP
dem-16103	111	22	the	the	DET
dem-16103	111	23	variables	variable	NOUN
dem-16103	111	24	used	use	VERB
dem-16103	111	25	in	in	ADP
dem-16103	111	26	the	the	DET
dem-16103	111	27	study	study	NOUN
dem-16103	111	28	.	.	PUNCT
dem-16103	112	1	thus	thus	ADV
dem-16103	112	2	,	,	PUNCT
dem-16103	112	3	the	the	DET
dem-16103	112	4	present	present	ADJ
dem-16103	112	5	study	study	NOUN
dem-16103	112	6	has	have	AUX
dem-16103	112	7	merged	merge	VERB
dem-16103	112	8	these	these	DET
dem-16103	112	9	newer	new	ADJ
dem-16103	112	10	states	state	NOUN
dem-16103	112	11	with	with	ADP
dem-16103	112	12	their	their	PRON
dem-16103	112	13	parent	parent	NOUN
dem-16103	112	14	states	state	NOUN
dem-16103	112	15	for	for	ADP
dem-16103	112	16	the	the	DET
dem-16103	112	17	purpose	purpose	NOUN
dem-16103	112	18	of	of	ADP
dem-16103	112	19	research	research	NOUN
dem-16103	112	20	modelling	modelling	NOUN
dem-16103	112	21	estimation	estimation	NOUN
dem-16103	112	22	and	and	CCONJ
dem-16103	112	23	consequent	consequent	ADJ
dem-16103	112	24	analysis	analysis	NOUN
dem-16103	112	25	.	.	PUNCT
dem-16103	113	1	in	in	ADP
dem-16103	113	2	recent	recent	ADJ
dem-16103	113	3	years	year	NOUN
dem-16103	113	4	,	,	PUNCT
dem-16103	113	5	the	the	DET
dem-16103	113	6	structure	structure	NOUN
dem-16103	113	7	of	of	ADP
dem-16103	113	8	employment	employment	NOUN
dem-16103	113	9	and	and	CCONJ
dem-16103	113	10	income	income	NOUN
dem-16103	113	11	generation	generation	NOUN
dem-16103	113	12	in	in	ADP
dem-16103	113	13	the	the	DET
dem-16103	113	14	indian	indian	ADJ
dem-16103	113	15	economy	economy	NOUN
dem-16103	113	16	has	have	AUX
dem-16103	113	17	gone	go	VERB
dem-16103	113	18	through	through	ADP
dem-16103	113	19	some	some	DET
dem-16103	113	20	critical	critical	ADJ
dem-16103	113	21	changes	change	NOUN
dem-16103	113	22	.	.	PUNCT
dem-16103	114	1	india	india	PROPN
dem-16103	114	2	,	,	PUNCT
dem-16103	114	3	a	a	DET
dem-16103	114	4	primarily	primarily	ADV
dem-16103	114	5	agrarian	agrarian	ADJ
dem-16103	114	6	and	and	CCONJ
dem-16103	114	7	rural	rural	ADJ
dem-16103	114	8	economy	economy	NOUN
dem-16103	114	9	,	,	PUNCT
dem-16103	114	10	is	be	AUX
dem-16103	114	11	the	the	DET
dem-16103	114	12	eleventh	eleventh	ADJ
dem-16103	114	13	largest	large	ADJ
dem-16103	114	14	economy	economy	NOUN
dem-16103	114	15	in	in	ADP
dem-16103	114	16	the	the	DET
dem-16103	114	17	world	world	NOUN
dem-16103	114	18	in	in	ADP
dem-16103	114	19	terms	term	NOUN
dem-16103	114	20	of	of	ADP
dem-16103	114	21	nominal	nominal	ADJ
dem-16103	114	22	gdp	gdp	NOUN
dem-16103	114	23	and	and	CCONJ
dem-16103	114	24	the	the	DET
dem-16103	114	25	fourth	fourth	ADV
dem-16103	114	26	largest	large	ADJ
dem-16103	114	27	in	in	ADP
dem-16103	114	28	the	the	DET
dem-16103	114	29	world	world	NOUN
dem-16103	114	30	in	in	ADP
dem-16103	114	31	terms	term	NOUN
dem-16103	114	32	of	of	ADP
dem-16103	114	33	purchasing	purchase	VERB
dem-16103	114	34	power	power	NOUN
dem-16103	114	35	parity	parity	NOUN
dem-16103	114	36	(	(	PUNCT
dem-16103	114	37	imf	imf	PROPN
dem-16103	114	38	reports	report	NOUN
dem-16103	114	39	,	,	PUNCT
dem-16103	114	40	2011	2011	NUM
dem-16103	114	41	)	)	PUNCT
dem-16103	114	42	.	.	PUNCT
dem-16103	115	1	india	india	PROPN
dem-16103	115	2	is	be	AUX
dem-16103	115	3	currently	currently	ADV
dem-16103	115	4	the	the	DET
dem-16103	115	5	second	second	ADV
dem-16103	115	6	fastest	fast	ADJ
dem-16103	115	7	growing	grow	VERB
dem-16103	115	8	economy	economy	NOUN
dem-16103	115	9	(	(	PUNCT
dem-16103	115	10	after	after	ADP
dem-16103	115	11	china	china	PROPN
dem-16103	115	12	)	)	PUNCT
dem-16103	115	13	,	,	PUNCT
dem-16103	115	14	which	which	PRON
dem-16103	115	15	registered	register	VERB
dem-16103	115	16	8.9	8.9	NUM
dem-16103	115	17	per	per	ADP
dem-16103	115	18	cent	cent	NOUN
dem-16103	115	19	growth	growth	NOUN
dem-16103	115	20	during	during	ADP
dem-16103	115	21	2010	2010	NUM
dem-16103	115	22	and	and	CCONJ
dem-16103	115	23	after	after	ADP
dem-16103	115	24	a	a	DET
dem-16103	115	25	slight	slight	ADJ
dem-16103	115	26	slowdown	slowdown	NOUN
dem-16103	115	27	,	,	PUNCT
dem-16103	115	28	it	it	PRON
dem-16103	115	29	is	be	AUX
dem-16103	115	30	again	again	ADV
dem-16103	115	31	reaching	reach	VERB
dem-16103	115	32	new	new	ADJ
dem-16103	115	33	heights	height	NOUN
dem-16103	115	34	.	.	PUNCT
dem-16103	116	1	an	an	DET
dem-16103	116	2	attempt	attempt	NOUN
dem-16103	116	3	has	have	AUX
dem-16103	116	4	been	be	AUX
dem-16103	116	5	made	make	VERB
dem-16103	116	6	to	to	PART
dem-16103	116	7	incorporate	incorporate	VERB
dem-16103	116	8	a	a	DET
dem-16103	116	9	comprehensive	comprehensive	ADJ
dem-16103	116	10	list	list	NOUN
dem-16103	116	11	of	of	ADP
dem-16103	116	12	variables	variable	NOUN
dem-16103	116	13	(	(	PUNCT
dem-16103	116	14	refer	refer	VERB
dem-16103	116	15	table	table	NOUN
dem-16103	116	16	1	1	NUM
dem-16103	116	17	)	)	PUNCT
dem-16103	116	18	,	,	PUNCT
dem-16103	116	19	which	which	PRON
dem-16103	116	20	reflects	reflect	VERB
dem-16103	116	21	the	the	DET
dem-16103	116	22	general	general	ADJ
dem-16103	116	23	and	and	CCONJ
dem-16103	116	24	informative	informative	ADJ
dem-16103	116	25	results	result	NOUN
dem-16103	116	26	about	about	ADP
dem-16103	116	27	different	different	ADJ
dem-16103	116	28	indicators	indicator	NOUN
dem-16103	116	29	of	of	ADP
dem-16103	116	30	financial	financial	ADJ
dem-16103	116	31	development	development	NOUN
dem-16103	116	32	.	.	PUNCT
dem-16103	117	1	by	by	ADP
dem-16103	117	2	considering	consider	VERB
dem-16103	117	3	some	some	PRON
dem-16103	117	4	of	of	ADP
dem-16103	117	5	the	the	DET
dem-16103	117	6	relevant	relevant	ADJ
dem-16103	117	7	financial	financial	ADJ
dem-16103	117	8	development	development	NOUN
dem-16103	117	9	indicators	indicator	NOUN
dem-16103	117	10	the	the	DET
dem-16103	117	11	present	present	ADJ
dem-16103	117	12	study	study	NOUN
dem-16103	117	13	attempted	attempt	VERB
dem-16103	117	14	to	to	PART
dem-16103	117	15	identify	identify	VERB
dem-16103	117	16	the	the	DET
dem-16103	117	17	relationship	relationship	NOUN
dem-16103	117	18	of	of	ADP
dem-16103	117	19	financial	financial	ADJ
dem-16103	117	20	development	development	NOUN
dem-16103	117	21	and	and	CCONJ
dem-16103	117	22	economic	economic	ADJ
dem-16103	117	23	growth	growth	NOUN
dem-16103	117	24	in	in	ADP
dem-16103	117	25	indian	indian	ADJ
dem-16103	117	26	context	context	NOUN
dem-16103	117	27	.	.	PUNCT
dem-16103	118	1	the	the	DET
dem-16103	118	2	table	table	NOUN
dem-16103	118	3	1	1	NUM
dem-16103	118	4	provides	provide	VERB
dem-16103	118	5	the	the	DET
dem-16103	118	6	summary	summary	NOUN
dem-16103	118	7	of	of	ADP
dem-16103	118	8	different	different	ADJ
dem-16103	118	9	studies	study	NOUN
dem-16103	118	10	alongwith	alongwith	VERB
dem-16103	118	11	the	the	DET
dem-16103	118	12	nature	nature	NOUN
dem-16103	118	13	of	of	ADP
dem-16103	118	14	data	datum	NOUN
dem-16103	118	15	taken	take	VERB
dem-16103	118	16	,	,	PUNCT
dem-16103	118	17	the	the	DET
dem-16103	118	18	indicators	indicator	NOUN
dem-16103	118	19	used	use	VERB
dem-16103	118	20	,	,	PUNCT
dem-16103	118	21	etc	etc	X
dem-16103	118	22	.	.	X
dem-16103	119	1	in	in	ADP
dem-16103	119	2	india	india	PROPN
dem-16103	119	3	scheduled	schedule	VERB
dem-16103	119	4	commercial	commercial	ADJ
dem-16103	119	5	banks	bank	NOUN
dem-16103	119	6	accounted	account	VERB
dem-16103	119	7	for	for	ADP
dem-16103	119	8	around	around	ADP
dem-16103	119	9	70	70	NUM
dem-16103	119	10	per	per	ADP
dem-16103	119	11	cent	cent	NOUN
dem-16103	119	12	of	of	ADP
dem-16103	119	13	the	the	DET
dem-16103	119	14	total	total	ADJ
dem-16103	119	15	assets	asset	NOUN
dem-16103	119	16	of	of	ADP
dem-16103	119	17	the	the	DET
dem-16103	119	18	financial	financial	ADJ
dem-16103	119	19	system	system	NOUN
dem-16103	119	20	(	(	PUNCT
dem-16103	119	21	inoue	inoue	NOUN
dem-16103	119	22	and	and	CCONJ
dem-16103	119	23	hamori	hamori	NOUN
dem-16103	119	24	,	,	PUNCT
dem-16103	119	25	2010	2010	NUM
dem-16103	119	26	)	)	PUNCT
dem-16103	120	1	so	so	CCONJ
dem-16103	120	2	the	the	DET
dem-16103	120	3	present	present	ADJ
dem-16103	120	4	study	study	NOUN
dem-16103	120	5	has	have	AUX
dem-16103	120	6	focused	focus	VERB
dem-16103	120	7	on	on	ADP
dem-16103	120	8	the	the	DET
dem-16103	120	9	banking	banking	NOUN
dem-16103	120	10	sector	sector	NOUN
dem-16103	120	11	as	as	ADP
dem-16103	120	12	a	a	DET
dem-16103	120	13	measure	measure	NOUN
dem-16103	120	14	of	of	ADP
dem-16103	120	15	financial	financial	ADJ
dem-16103	120	16	development	development	NOUN
dem-16103	120	17	.	.	PUNCT
dem-16103	121	1	banking	banking	NOUN
dem-16103	121	2	sector	sector	NOUN
dem-16103	121	3	development	development	NOUN
dem-16103	121	4	is	be	AUX
dem-16103	121	5	defined	define	VERB
dem-16103	121	6	as	as	ADP
dem-16103	121	7	the	the	DET
dem-16103	121	8	development	development	NOUN
dem-16103	121	9	in	in	ADP
dem-16103	121	10	the	the	DET
dem-16103	121	11	quality	quality	NOUN
dem-16103	121	12	,	,	PUNCT
dem-16103	121	13	quantity	quantity	NOUN
dem-16103	121	14	and	and	CCONJ
dem-16103	121	15	effectiveness	effectiveness	NOUN
dem-16103	121	16	of	of	ADP
dem-16103	121	17	the	the	DET
dem-16103	121	18	banking	banking	NOUN
dem-16103	121	19	services	service	NOUN
dem-16103	121	20	(	(	PUNCT
dem-16103	121	21	pradhan	pradhan	PROPN
dem-16103	121	22	et	et	PROPN
dem-16103	121	23	al	al	PROPN
dem-16103	121	24	.	.	PROPN
dem-16103	121	25	,	,	PUNCT
dem-16103	121	26	2011	2011	NUM
dem-16103	121	27	)	)	PUNCT
dem-16103	121	28	.	.	PUNCT
dem-16103	122	1	this	this	DET
dem-16103	122	2	procedure	procedure	NOUN
dem-16103	122	3	involves	involve	VERB
dem-16103	122	4	the	the	DET
dem-16103	122	5	interaction	interaction	NOUN
dem-16103	122	6	of	of	ADP
dem-16103	122	7	many	many	ADJ
dem-16103	122	8	activities	activity	NOUN
dem-16103	122	9	and	and	CCONJ
dem-16103	122	10	can	can	AUX
dem-16103	122	11	not	not	PART
dem-16103	122	12	be	be	AUX
dem-16103	122	13	measured	measure	VERB
dem-16103	122	14	by	by	ADP
dem-16103	122	15	a	a	DET
dem-16103	122	16	single	single	ADJ
dem-16103	122	17	indicator	indicator	NOUN
dem-16103	122	18	(	(	PUNCT
dem-16103	122	19	levine	levine	PROPN
dem-16103	122	20	and	and	CCONJ
dem-16103	122	21	zervos	zervos	PROPN
dem-16103	122	22	,	,	PUNCT
dem-16103	122	23	1998	1998	NUM
dem-16103	122	24	;	;	PUNCT
dem-16103	122	25	rousseau	rousseau	PROPN
dem-16103	122	26	and	and	CCONJ
dem-16103	122	27	wachtel	wachtel	NOUN
dem-16103	122	28	,	,	PUNCT
dem-16103	122	29	2000	2000	NUM
dem-16103	122	30	;	;	PUNCT
dem-16103	122	31	beck	beck	NOUN
dem-16103	122	32	and	and	CCONJ
dem-16103	122	33	levine	levine	PROPN
dem-16103	122	34	,	,	PUNCT
dem-16103	122	35	2004	2004	NUM
dem-16103	122	36	;	;	PUNCT
dem-16103	122	37	naceur	naceur	ADV
dem-16103	122	38	and	and	CCONJ
dem-16103	122	39	ghazouani	ghazouani	ADJ
dem-16103	122	40	,	,	PUNCT
dem-16103	122	41	2009	2009	NUM
dem-16103	122	42	)	)	PUNCT
dem-16103	122	43	.	.	PUNCT
dem-16103	123	1	most	most	ADJ
dem-16103	123	2	of	of	ADP
dem-16103	123	3	the	the	DET
dem-16103	123	4	studies	study	NOUN
dem-16103	123	5	given	give	VERB
dem-16103	123	6	in	in	ADP
dem-16103	123	7	table	table	NOUN
dem-16103	123	8	1	1	NUM
dem-16103	123	9	focused	focus	VERB
dem-16103	123	10	on	on	ADP
dem-16103	123	11	banking	banking	NOUN
dem-16103	123	12	level	level	NOUN
dem-16103	123	13	indicators	indicator	NOUN
dem-16103	123	14	and	and	CCONJ
dem-16103	123	15	considering	consider	VERB
dem-16103	123	16	the	the	DET
dem-16103	123	17	above	above	ADJ
dem-16103	123	18	mentioned	mention	VERB
dem-16103	123	19	literature	literature	NOUN
dem-16103	123	20	the	the	DET
dem-16103	123	21	present	present	ADJ
dem-16103	123	22	study	study	NOUN
dem-16103	123	23	has	have	AUX
dem-16103	123	24	focused	focus	VERB
dem-16103	123	25	mainly	mainly	ADV
dem-16103	123	26	on	on	ADP
dem-16103	123	27	credit	credit	NOUN
dem-16103	123	28	,	,	PUNCT
dem-16103	123	29	deposits	deposit	NOUN
dem-16103	123	30	,	,	PUNCT
dem-16103	123	31	number	number	NOUN
dem-16103	123	32	of	of	ADP
dem-16103	123	33	branches	branch	NOUN
dem-16103	123	34	and	and	CCONJ
dem-16103	123	35	their	their	PRON
dem-16103	123	36	per	per	X
dem-16103	123	37	capita	capita	NOUN
dem-16103	123	38	deposits	deposit	NOUN
dem-16103	123	39	and	and	CCONJ
dem-16103	123	40	credits	credit	NOUN
dem-16103	123	41	etc	etc	X
dem-16103	123	42	.	.	X
dem-16103	123	43	measure	measure	NOUN
dem-16103	123	44	as	as	ADP
dem-16103	123	45	financial	financial	ADJ
dem-16103	123	46	development	development	NOUN
dem-16103	123	47	indicators	indicator	NOUN
dem-16103	123	48	.	.	PUNCT
dem-16103	124	1	in	in	ADP
dem-16103	124	2	the	the	DET
dem-16103	124	3	present	present	ADJ
dem-16103	124	4	endeavour	endeavour	NOUN
dem-16103	124	5	,	,	PUNCT
dem-16103	124	6	for	for	ADP
dem-16103	124	7	carrying	carry	VERB
dem-16103	124	8	out	out	ADP
dem-16103	124	9	the	the	DET
dem-16103	124	10	estimations	estimation	NOUN
dem-16103	124	11	,	,	PUNCT
dem-16103	124	12	the	the	DET
dem-16103	124	13	per	per	ADP
dem-16103	124	14	capita	capita	X
dem-16103	124	15	state	state	NOUN
dem-16103	124	16	domestic	domestic	ADJ
dem-16103	124	17	product	product	NOUN
dem-16103	124	18	(	(	PUNCT
dem-16103	124	19	pcsdp	pcsdp	ADJ
dem-16103	124	20	)	)	PUNCT
dem-16103	124	21	and	and	CCONJ
dem-16103	124	22	state	state	NOUN
dem-16103	124	23	domestic	domestic	ADJ
dem-16103	124	24	product	product	NOUN
dem-16103	124	25	(	(	PUNCT
dem-16103	124	26	sdp	sdp	NOUN
dem-16103	124	27	)	)	PUNCT
dem-16103	124	28	have	have	AUX
dem-16103	124	29	been	be	AUX
dem-16103	124	30	used	use	VERB
dem-16103	124	31	as	as	ADP
dem-16103	124	32	the	the	DET
dem-16103	124	33	proxy	proxy	NOUN
dem-16103	124	34	for	for	ADP
dem-16103	124	35	economic	economic	ADJ
dem-16103	124	36	development	development	NOUN
dem-16103	124	37	.	.	PUNCT
dem-16103	125	1	on	on	ADP
dem-16103	125	2	the	the	DET
dem-16103	125	3	other	other	ADJ
dem-16103	125	4	hand	hand	NOUN
dem-16103	125	5	,	,	PUNCT
dem-16103	125	6	the	the	DET
dem-16103	125	7	financial	financial	ADJ
dem-16103	125	8	variables	variable	NOUN
dem-16103	125	9	(	(	PUNCT
dem-16103	125	10	proxy	proxy	NOUN
dem-16103	125	11	of	of	ADP
dem-16103	125	12	financial	financial	ADJ
dem-16103	125	13	development	development	NOUN
dem-16103	125	14	)	)	PUNCT
dem-16103	125	15	used	use	VERB
dem-16103	125	16	in	in	ADP
dem-16103	125	17	the	the	DET
dem-16103	125	18	study	study	NOUN
dem-16103	125	19	for	for	ADP
dem-16103	125	20	state	state	NOUN
dem-16103	125	21	level	level	NOUN
dem-16103	125	22	data	datum	NOUN
dem-16103	125	23	are	be	AUX
dem-16103	125	24	–	–	PUNCT
dem-16103	125	25	(	(	PUNCT
dem-16103	125	26	1	1	X
dem-16103	125	27	)	)	PUNCT
dem-16103	125	28	the	the	DET
dem-16103	125	29	number	number	NOUN
dem-16103	125	30	of	of	ADP
dem-16103	125	31	branches	branch	NOUN
dem-16103	125	32	of	of	ADP
dem-16103	125	33	banks	bank	NOUN
dem-16103	125	34	(	(	PUNCT
dem-16103	125	35	nof	nof	PROPN
dem-16103	125	36	)	)	PUNCT
dem-16103	125	37	(	(	PUNCT
dem-16103	125	38	2	2	X
dem-16103	125	39	)	)	PUNCT
dem-16103	125	40	the	the	DET
dem-16103	125	41	outstanding	outstanding	ADJ
dem-16103	125	42	credit	credit	NOUN
dem-16103	125	43	of	of	ADP
dem-16103	125	44	all	all	DET
dem-16103	125	45	the	the	DET
dem-16103	125	46	scheduled	schedule	VERB
dem-16103	125	47	commercial	commercial	ADJ
dem-16103	125	48	banks	bank	NOUN
dem-16103	125	49	of	of	ADP
dem-16103	125	50	the	the	DET
dem-16103	125	51	state	state	NOUN
dem-16103	125	52	to	to	ADP
dem-16103	125	53	the	the	DET
dem-16103	125	54	different	different	ADJ
dem-16103	125	55	sectors(oc	sectors(oc	NOUN
dem-16103	125	56	)	)	PUNCT
dem-16103	125	57	(	(	PUNCT
dem-16103	125	58	3	3	X
dem-16103	125	59	)	)	PUNCT
dem-16103	125	60	per	per	ADP
dem-16103	125	61	capita	capita	NOUN
dem-16103	125	62	credit	credit	NOUN
dem-16103	125	63	(	(	PUNCT
dem-16103	125	64	pcc	pcc	NOUN
dem-16103	125	65	)	)	PUNCT
dem-16103	125	66	(	(	PUNCT
dem-16103	125	67	4	4	X
dem-16103	125	68	)	)	PUNCT
dem-16103	125	69	per	per	ADP
dem-16103	125	70	capita	capita	X
dem-16103	125	71	deposit	deposit	NOUN
dem-16103	125	72	of	of	ADP
dem-16103	125	73	all	all	DET
dem-16103	125	74	scheduled	schedule	VERB
dem-16103	125	75	commercial	commercial	ADJ
dem-16103	125	76	banks	bank	NOUN
dem-16103	125	77	of	of	ADP
dem-16103	125	78	selected	select	VERB
dem-16103	125	79	states(pcd	states(pcd	NOUN
dem-16103	125	80	)	)	PUNCT
dem-16103	125	81	(	(	PUNCT
dem-16103	125	82	5	5	X
dem-16103	125	83	)	)	PUNCT
dem-16103	125	84	population	population	NOUN
dem-16103	125	85	per	per	ADP
dem-16103	125	86	office(ppo	office(ppo	ADJ
dem-16103	125	87	)	)	PUNCT
dem-16103	125	88	(	(	PUNCT
dem-16103	125	89	6	6	X
dem-16103	125	90	)	)	PUNCT
dem-16103	125	91	number	number	NOUN
dem-16103	125	92	of	of	ADP
dem-16103	125	93	debit	debit	NOUN
dem-16103	125	94	accounts	account	NOUN
dem-16103	125	95	(	(	PUNCT
dem-16103	125	96	da	da	NOUN
dem-16103	125	97	)	)	PUNCT
dem-16103	125	98	and	and	CCONJ
dem-16103	125	99	(	(	PUNCT
dem-16103	125	100	7	7	X
dem-16103	125	101	)	)	PUNCT
dem-16103	125	102	number	number	NOUN
dem-16103	125	103	of	of	ADP
dem-16103	125	104	credit	credit	NOUN
dem-16103	125	105	acdynamics	acdynamic	NOUN
dem-16103	125	106	of	of	ADP
dem-16103	125	107	financial	financial	ADJ
dem-16103	125	108	development	development	NOUN
dem-16103	125	109	and	and	CCONJ
dem-16103	125	110	economic	economic	ADJ
dem-16103	125	111	growth	growth	NOUN
dem-16103	125	112	:	:	PUNCT
dem-16103	125	113	panel	panel	NOUN
dem-16103	125	114	data	data	VERB
dem-16103	125	115	analysis	analysis	NOUN
dem-16103	125	116	…	…	SYM
dem-16103	125	117	dynamic	dynamic	ADJ
dem-16103	125	118	econometric	econometric	ADJ
dem-16103	125	119	models	model	NOUN
dem-16103	125	120	18	18	NUM
dem-16103	125	121	(	(	PUNCT
dem-16103	125	122	2018	2018	NUM
dem-16103	125	123	)	)	PUNCT
dem-16103	125	124	5–34	5–34	NOUN
dem-16103	125	125	13	13	NUM
dem-16103	125	126	counts	count	NOUN
dem-16103	125	127	(	(	PUNCT
dem-16103	125	128	ca	ca	NOUN
dem-16103	125	129	)	)	PUNCT
dem-16103	125	130	.	.	PUNCT
dem-16103	126	1	the	the	DET
dem-16103	126	2	above	above	ADV
dem-16103	126	3	mentioned	mention	VERB
dem-16103	126	4	indicators	indicator	NOUN
dem-16103	126	5	are	be	AUX
dem-16103	126	6	primarily	primarily	ADV
dem-16103	126	7	considered	consider	VERB
dem-16103	126	8	as	as	SCONJ
dem-16103	126	9	the	the	DET
dem-16103	126	10	indicators	indicator	NOUN
dem-16103	126	11	of	of	ADP
dem-16103	126	12	depth	depth	NOUN
dem-16103	126	13	of	of	ADP
dem-16103	126	14	the	the	DET
dem-16103	126	15	financial	financial	ADJ
dem-16103	126	16	institution	institution	NOUN
dem-16103	126	17	in	in	ADP
dem-16103	126	18	a	a	DET
dem-16103	126	19	country	country	NOUN
dem-16103	126	20	thus	thus	ADV
dem-16103	126	21	,	,	PUNCT
dem-16103	126	22	it	it	PRON
dem-16103	126	23	is	be	AUX
dem-16103	126	24	presumed	presume	VERB
dem-16103	126	25	that	that	SCONJ
dem-16103	126	26	higher	high	ADJ
dem-16103	126	27	the	the	DET
dem-16103	126	28	depth	depth	NOUN
dem-16103	126	29	higher	high	ADJ
dem-16103	126	30	will	will	AUX
dem-16103	126	31	be	be	AUX
dem-16103	126	32	the	the	DET
dem-16103	126	33	economic	economic	ADJ
dem-16103	126	34	growth	growth	NOUN
dem-16103	126	35	(	(	PUNCT
dem-16103	126	36	inoue	inoue	NOUN
dem-16103	126	37	and	and	CCONJ
dem-16103	126	38	hamori	hamori	NOUN
dem-16103	126	39	,	,	PUNCT
dem-16103	126	40	2010	2010	NUM
dem-16103	126	41	)	)	PUNCT
dem-16103	126	42	.	.	PUNCT
dem-16103	127	1	these	these	DET
dem-16103	127	2	measures	measure	NOUN
dem-16103	127	3	are	be	AUX
dem-16103	127	4	widely	widely	ADV
dem-16103	127	5	accepted	accept	VERB
dem-16103	127	6	and	and	CCONJ
dem-16103	127	7	frequently	frequently	ADV
dem-16103	127	8	used	use	VERB
dem-16103	127	9	in	in	ADP
dem-16103	127	10	the	the	DET
dem-16103	127	11	finance	finance	NOUN
dem-16103	127	12	-	-	PUNCT
dem-16103	127	13	growth	growth	NOUN
dem-16103	127	14	relationship	relationship	NOUN
dem-16103	127	15	literature	literature	PROPN
dem-16103	127	16	(	(	PUNCT
dem-16103	127	17	kendall	kendall	PROPN
dem-16103	127	18	,	,	PUNCT
dem-16103	127	19	2012	2012	NUM
dem-16103	127	20	;	;	PUNCT
dem-16103	127	21	aghion	aghion	NOUN
dem-16103	127	22	et	et	PROPN
dem-16103	127	23	al	al	PROPN
dem-16103	127	24	.	.	PROPN
dem-16103	127	25	,	,	PUNCT
dem-16103	127	26	2007	2007	NUM
dem-16103	127	27	;	;	PUNCT
dem-16103	127	28	jayaratne	jayaratne	NOUN
dem-16103	127	29	and	and	CCONJ
dem-16103	127	30	strahan	strahan	PROPN
dem-16103	127	31	,	,	PUNCT
dem-16103	127	32	1996	1996	NUM
dem-16103	127	33	;	;	PUNCT
dem-16103	127	34	king	king	NOUN
dem-16103	127	35	and	and	CCONJ
dem-16103	127	36	levine	levine	PROPN
dem-16103	127	37	,	,	PUNCT
dem-16103	127	38	1993a	1993a	NUM
dem-16103	127	39	)	)	PUNCT
dem-16103	127	40	.	.	PUNCT
dem-16103	128	1	for	for	ADP
dem-16103	128	2	making	make	VERB
dem-16103	128	3	the	the	DET
dem-16103	128	4	data	datum	NOUN
dem-16103	128	5	comparable	comparable	ADJ
dem-16103	128	6	all	all	DET
dem-16103	128	7	the	the	DET
dem-16103	128	8	values	value	NOUN
dem-16103	128	9	are	be	AUX
dem-16103	128	10	taken	take	VERB
dem-16103	128	11	in	in	ADP
dem-16103	128	12	their	their	PRON
dem-16103	128	13	respective	respective	ADJ
dem-16103	128	14	logarithmic	logarithmic	ADJ
dem-16103	128	15	form	form	NOUN
dem-16103	128	16	.	.	PUNCT
dem-16103	129	1	the	the	DET
dem-16103	129	2	use	use	NOUN
dem-16103	129	3	of	of	ADP
dem-16103	129	4	multiple	multiple	ADJ
dem-16103	129	5	indicators	indicator	NOUN
dem-16103	129	6	for	for	ADP
dem-16103	129	7	financial	financial	ADJ
dem-16103	129	8	development	development	NOUN
dem-16103	129	9	helps	help	VERB
dem-16103	129	10	in	in	ADP
dem-16103	129	11	better	well	ADJ
dem-16103	129	12	understanding	understanding	NOUN
dem-16103	129	13	of	of	ADP
dem-16103	129	14	different	different	ADJ
dem-16103	129	15	aspects	aspect	NOUN
dem-16103	129	16	and	and	CCONJ
dem-16103	129	17	processes	process	NOUN
dem-16103	129	18	of	of	ADP
dem-16103	129	19	financial	financial	ADJ
dem-16103	129	20	development	development	NOUN
dem-16103	129	21	.	.	PUNCT
dem-16103	130	1	three	three	NUM
dem-16103	130	2	major	major	ADJ
dem-16103	130	3	econometric	econometric	ADJ
dem-16103	130	4	techniques	technique	NOUN
dem-16103	130	5	including	include	VERB
dem-16103	130	6	panel	panel	NOUN
dem-16103	130	7	unit	unit	NOUN
dem-16103	130	8	root	root	NOUN
dem-16103	130	9	tests	test	NOUN
dem-16103	130	10	,	,	PUNCT
dem-16103	130	11	cointegration	cointegration	NOUN
dem-16103	130	12	tests	test	NOUN
dem-16103	130	13	and	and	CCONJ
dem-16103	130	14	finally	finally	ADV
dem-16103	130	15	the	the	DET
dem-16103	130	16	panel	panel	NOUN
dem-16103	130	17	error	error	NOUN
dem-16103	130	18	correction	correction	NOUN
dem-16103	130	19	model	model	NOUN
dem-16103	130	20	have	have	AUX
dem-16103	130	21	been	be	AUX
dem-16103	130	22	implemented	implement	VERB
dem-16103	130	23	for	for	ADP
dem-16103	130	24	identifying	identify	VERB
dem-16103	130	25	the	the	DET
dem-16103	130	26	relationship	relationship	NOUN
dem-16103	130	27	between	between	ADP
dem-16103	130	28	variables	variable	NOUN
dem-16103	130	29	.	.	PUNCT
dem-16103	131	1	table1	table1	PROPN
dem-16103	131	2	.	.	PUNCT
dem-16103	132	1	different	different	ADJ
dem-16103	132	2	indicators	indicator	NOUN
dem-16103	132	3	of	of	ADP
dem-16103	132	4	financial	financial	ADJ
dem-16103	132	5	development	development	NOUN
dem-16103	132	6	s.no	s.no	PROPN
dem-16103	132	7	studies	study	NOUN
dem-16103	132	8	period	period	NOUN
dem-16103	132	9	name	name	NOUN
dem-16103	132	10	/	/	SYM
dem-16103	132	11	number	number	NOUN
dem-16103	132	12	of	of	ADP
dem-16103	132	13	economies	economy	NOUN
dem-16103	132	14	type	type	NOUN
dem-16103	132	15	of	of	ADP
dem-16103	132	16	data	datum	NOUN
dem-16103	132	17	financial	financial	ADJ
dem-16103	132	18	development	development	NOUN
dem-16103	132	19	indicators	indicator	NOUN
dem-16103	132	20	1	1	NUM
dem-16103	132	21	king	king	NOUN
dem-16103	132	22	and	and	CCONJ
dem-16103	132	23	levine	levine	PROPN
dem-16103	132	24	(	(	PUNCT
dem-16103	132	25	1993a	1993a	NUM
dem-16103	132	26	,	,	PUNCT
dem-16103	132	27	1993b	1993b	NUM
dem-16103	132	28	)	)	PUNCT
dem-16103	132	29	1960	1960	NUM
dem-16103	132	30	–	–	PUNCT
dem-16103	132	31	1989	1989	NUM
dem-16103	132	32	80	80	NUM
dem-16103	132	33	cross	cross	ADJ
dem-16103	132	34	-	-	ADJ
dem-16103	132	35	section	section	ADJ
dem-16103	132	36	data	datum	NOUN
dem-16103	132	37	i	i	NOUN
dem-16103	132	38	)	)	PUNCT
dem-16103	132	39	liquid	liquid	ADJ
dem-16103	132	40	liabilities	liability	NOUN
dem-16103	132	41	of	of	ADP
dem-16103	132	42	financial	financial	ADJ
dem-16103	132	43	system	system	NOUN
dem-16103	132	44	divided	divide	VERB
dem-16103	132	45	by	by	ADP
dem-16103	132	46	gdp	gdp	PROPN
dem-16103	132	47	ii	ii	PROPN
dem-16103	132	48	)	)	PUNCT
dem-16103	132	49	ratio	ratio	NOUN
dem-16103	132	50	of	of	ADP
dem-16103	132	51	bank	bank	NOUN
dem-16103	132	52	credit	credit	NOUN
dem-16103	132	53	divided	divide	VERB
dem-16103	132	54	by	by	ADP
dem-16103	132	55	bank	bank	NOUN
dem-16103	132	56	credit	credit	NOUN
dem-16103	132	57	by	by	ADP
dem-16103	132	58	central	central	ADJ
dem-16103	132	59	bank	bank	PROPN
dem-16103	132	60	domestic	domestic	ADJ
dem-16103	132	61	asset	asset	NOUN
dem-16103	132	62	,	,	PUNCT
dem-16103	132	63	iii	iii	X
dem-16103	132	64	)	)	PUNCT
dem-16103	132	65	ratio	ratio	NOUN
dem-16103	132	66	of	of	ADP
dem-16103	132	67	credit	credit	NOUN
dem-16103	132	68	allocated	allocate	VERB
dem-16103	132	69	to	to	ADP
dem-16103	132	70	private	private	ADJ
dem-16103	132	71	enterprise	enterprise	NOUN
dem-16103	132	72	to	to	PART
dem-16103	132	73	total	total	VERB
dem-16103	132	74	domestic	domestic	ADJ
dem-16103	132	75	credit	credit	NOUN
dem-16103	132	76	,	,	PUNCT
dem-16103	132	77	iv	iv	X
dem-16103	132	78	)	)	PUNCT
dem-16103	132	79	credit	credit	NOUN
dem-16103	132	80	to	to	ADP
dem-16103	132	81	private	private	ADJ
dem-16103	132	82	sector	sector	NOUN
dem-16103	132	83	to	to	ADP
dem-16103	132	84	gdp	gdp	NOUN
dem-16103	132	85	.	.	PROPN
dem-16103	132	86	2	2	NUM
dem-16103	132	87	gregorio	gregorio	PROPN
dem-16103	132	88	and	and	CCONJ
dem-16103	132	89	guidotti	guidotti	PROPN
dem-16103	132	90	(	(	PUNCT
dem-16103	132	91	1995	1995	NUM
dem-16103	132	92	)	)	PUNCT
dem-16103	132	93	1960	1960	NUM
dem-16103	132	94	–	–	PUNCT
dem-16103	132	95	1985	1985	NUM
dem-16103	132	96	80	80	NUM
dem-16103	132	97	pooled	pool	VERB
dem-16103	132	98	crosssection	crosssection	NOUN
dem-16103	132	99	data	datum	NOUN
dem-16103	132	100	i	i	NOUN
dem-16103	132	101	)	)	PUNCT
dem-16103	132	102	bank	bank	PROPN
dem-16103	132	103	credit	credit	PROPN
dem-16103	132	104	ii	ii	PROPN
dem-16103	132	105	)	)	PUNCT
dem-16103	132	106	gdp	gdp	NOUN
dem-16103	132	107	3	3	NUM
dem-16103	132	108	berthelemy	berthelemy	NOUN
dem-16103	132	109	and	and	CCONJ
dem-16103	132	110	varoudakis	varoudakis	PROPN
dem-16103	132	111	(	(	PUNCT
dem-16103	132	112	1995	1995	NUM
dem-16103	132	113	)	)	PUNCT
dem-16103	132	114	1960	1960	NUM
dem-16103	132	115	–	–	PUNCT
dem-16103	132	116	1985	1985	NUM
dem-16103	132	117	91	91	NUM
dem-16103	132	118	panel	panel	NOUN
dem-16103	132	119	data	datum	NOUN
dem-16103	132	120	i	i	NOUN
dem-16103	132	121	)	)	PUNCT
dem-16103	132	122	money	money	NOUN
dem-16103	132	123	supply	supply	PROPN
dem-16103	132	124	ii	ii	PROPN
dem-16103	132	125	)	)	PUNCT
dem-16103	132	126	gdp	gdp	NOUN
dem-16103	132	127	4	4	NUM
dem-16103	132	128	demetriades	demetriade	NOUN
dem-16103	132	129	and	and	CCONJ
dem-16103	132	130	lunitel	lunitel	NOUN
dem-16103	132	131	(	(	PUNCT
dem-16103	132	132	1996	1996	NUM
dem-16103	132	133	)	)	PUNCT
dem-16103	132	134	1961	1961	NUM
dem-16103	132	135	–	–	PUNCT
dem-16103	132	136	1981	1981	NUM
dem-16103	132	137	india	india	PROPN
dem-16103	132	138	time	time	NOUN
dem-16103	132	139	-	-	PUNCT
dem-16103	132	140	series	series	NOUN
dem-16103	132	141	iii	iii	PROPN
dem-16103	132	142	)	)	PUNCT
dem-16103	132	143	bank	bank	NOUN
dem-16103	132	144	deposit	deposit	NOUN
dem-16103	132	145	liabilities	liability	NOUN
dem-16103	132	146	i	i	NOUN
dem-16103	132	147	)	)	PUNCT
dem-16103	132	148	gdp	gdp	NOUN
dem-16103	132	149	5	5	NUM
dem-16103	132	150	demetriades	demetriade	NOUN
dem-16103	132	151	and	and	CCONJ
dem-16103	132	152	lunitel	lunitel	NOUN
dem-16103	132	153	(	(	PUNCT
dem-16103	132	154	1996a	1996a	NUM
dem-16103	132	155	)	)	PUNCT
dem-16103	132	156	1962	1962	NUM
dem-16103	132	157	–	–	PUNCT
dem-16103	132	158	1982	1982	NUM
dem-16103	132	159	nepal	nepal	ADJ
dem-16103	132	160	time	time	NOUN
dem-16103	132	161	-	-	PUNCT
dem-16103	132	162	series	series	NOUN
dem-16103	132	163	data	data	PROPN
dem-16103	132	164	i	i	NOUN
dem-16103	132	165	)	)	PUNCT
dem-16103	132	166	bank	bank	PROPN
dem-16103	132	167	deposit	deposit	NOUN
dem-16103	132	168	liabilities	liabilities	PROPN
dem-16103	132	169	ii	ii	PROPN
dem-16103	132	170	)	)	PUNCT
dem-16103	132	171	gdp	gdp	NOUN
dem-16103	132	172	6	6	NUM
dem-16103	132	173	rajan	rajan	PROPN
dem-16103	132	174	and	and	CCONJ
dem-16103	132	175	zingales	zingales	PROPN
dem-16103	132	176	(	(	PUNCT
dem-16103	132	177	1998	1998	NUM
dem-16103	132	178	)	)	PUNCT
dem-16103	132	179	1980	1980	NUM
dem-16103	132	180	–	–	PUNCT
dem-16103	132	181	1990	1990	NUM
dem-16103	132	182	55	55	NUM
dem-16103	132	183	panel	panel	NOUN
dem-16103	132	184	data	datum	NOUN
dem-16103	132	185	i	i	PRON
dem-16103	132	186	)	)	PUNCT
dem-16103	132	187	the	the	DET
dem-16103	132	188	ratio	ratio	NOUN
dem-16103	132	189	of	of	ADP
dem-16103	132	190	credit	credit	NOUN
dem-16103	132	191	to	to	ADP
dem-16103	132	192	private	private	ADJ
dem-16103	132	193	sector	sector	NOUN
dem-16103	132	194	to	to	ADP
dem-16103	132	195	gdp	gdp	PROPN
dem-16103	132	196	,	,	PUNCT
dem-16103	132	197	ii	ii	PROPN
dem-16103	132	198	)	)	PUNCT
dem-16103	132	199	accounting	accounting	NOUN
dem-16103	132	200	standards	standard	NOUN
dem-16103	132	201	7	7	NUM
dem-16103	132	202	levine	levine	NOUN
dem-16103	132	203	and	and	CCONJ
dem-16103	132	204	zervos	zervos	PROPN
dem-16103	132	205	(	(	PUNCT
dem-16103	132	206	1998	1998	NUM
dem-16103	132	207	)	)	PUNCT
dem-16103	132	208	1976	1976	NUM
dem-16103	132	209	–	–	PUNCT
dem-16103	132	210	1993	1993	NUM
dem-16103	132	211	41	41	NUM
dem-16103	132	212	time	time	NOUN
dem-16103	132	213	-	-	PUNCT
dem-16103	132	214	series	series	NOUN
dem-16103	132	215	data	data	PROPN
dem-16103	132	216	i	i	NOUN
dem-16103	132	217	)	)	PUNCT
dem-16103	132	218	ratio	ratio	NOUN
dem-16103	132	219	of	of	ADP
dem-16103	132	220	market	market	NOUN
dem-16103	132	221	capitalization	capitalization	NOUN
dem-16103	132	222	to	to	ADP
dem-16103	132	223	gdp	gdp	PROPN
dem-16103	132	224	,	,	PUNCT
dem-16103	132	225	ii	ii	PROPN
dem-16103	132	226	)	)	PUNCT
dem-16103	132	227	ratio	ratio	NOUN
dem-16103	132	228	of	of	ADP
dem-16103	132	229	total	total	ADJ
dem-16103	132	230	value	value	NOUN
dem-16103	132	231	of	of	ADP
dem-16103	132	232	trades	trade	NOUN
dem-16103	132	233	to	to	ADP
dem-16103	132	234	gdp	gdp	NOUN
dem-16103	132	235	,	,	PUNCT
dem-16103	132	236	iii)turnover	iii)turnover	PROPN
dem-16103	132	237	ratio	ratio	NOUN
dem-16103	132	238	shravani	shravani	PROPN
dem-16103	132	239	sharma	sharma	PROPN
dem-16103	132	240	and	and	CCONJ
dem-16103	132	241	supran	supran	PROPN
dem-16103	132	242	kumar	kumar	PROPN
dem-16103	132	243	dynamic	dynamic	PROPN
dem-16103	132	244	econometric	econometric	ADJ
dem-16103	132	245	models	model	NOUN
dem-16103	132	246	18	18	NUM
dem-16103	132	247	(	(	PUNCT
dem-16103	132	248	2018	2018	NUM
dem-16103	132	249	)	)	PUNCT
dem-16103	133	1	5–34	5–34	NOUN
dem-16103	133	2	14	14	NUM
dem-16103	133	3	table1	table1	PROPN
dem-16103	133	4	.	.	PUNCT
dem-16103	134	1	continued	continue	VERB
dem-16103	134	2	s.no	s.no	PROPN
dem-16103	134	3	studies	study	NOUN
dem-16103	134	4	period	period	NOUN
dem-16103	134	5	name	name	NOUN
dem-16103	134	6	/	/	SYM
dem-16103	134	7	number	number	NOUN
dem-16103	134	8	of	of	ADP
dem-16103	134	9	economies	economy	NOUN
dem-16103	134	10	type	type	NOUN
dem-16103	134	11	of	of	ADP
dem-16103	134	12	data	datum	NOUN
dem-16103	134	13	financial	financial	ADJ
dem-16103	134	14	development	development	NOUN
dem-16103	134	15	indicators	indicator	NOUN
dem-16103	134	16	8	8	NUM
dem-16103	134	17	rousseau	rousseau	NOUN
dem-16103	134	18	and	and	CCONJ
dem-16103	134	19	wachtel	wachtel	NOUN
dem-16103	134	20	(	(	PUNCT
dem-16103	134	21	2000	2000	NUM
dem-16103	134	22	)	)	PUNCT
dem-16103	134	23	1980	1980	NUM
dem-16103	134	24	–	–	PUNCT
dem-16103	134	25	1995	1995	NUM
dem-16103	134	26	47	47	NUM
dem-16103	134	27	panel	panel	NOUN
dem-16103	134	28	data	datum	NOUN
dem-16103	134	29	i	i	NOUN
dem-16103	134	30	)	)	PUNCT
dem-16103	134	31	liquid	liquid	ADJ
dem-16103	134	32	liabilities	liability	NOUN
dem-16103	134	33	,	,	PUNCT
dem-16103	134	34	ii	ii	NOUN
dem-16103	134	35	)	)	PUNCT
dem-16103	134	36	stock	stock	NOUN
dem-16103	134	37	market	market	NOUN
dem-16103	134	38	capitalization	capitalization	NOUN
dem-16103	134	39	,	,	PUNCT
dem-16103	134	40	iii	iii	NOUN
dem-16103	134	41	)	)	PUNCT
dem-16103	134	42	stock	stock	NOUN
dem-16103	134	43	market	market	NOUN
dem-16103	134	44	value	value	NOUN
dem-16103	134	45	traded	trade	VERB
dem-16103	134	46	9	9	NUM
dem-16103	134	47	beck	beck	NOUN
dem-16103	134	48	et	et	PROPN
dem-16103	134	49	al	al	PROPN
dem-16103	134	50	(	(	PUNCT
dem-16103	134	51	2000	2000	NUM
dem-16103	134	52	)	)	PUNCT
dem-16103	134	53	1960	1960	NUM
dem-16103	134	54	–	–	PUNCT
dem-16103	134	55	1995	1995	NUM
dem-16103	134	56	63	63	NUM
dem-16103	134	57	for	for	ADP
dem-16103	134	58	crosssectional	crosssectional	NOUN
dem-16103	134	59	and	and	CCONJ
dem-16103	134	60	77	77	NUM
dem-16103	134	61	for	for	ADP
dem-16103	134	62	panel	panel	NOUN
dem-16103	134	63	cross	cross	NOUN
dem-16103	134	64	-	-	NOUN
dem-16103	134	65	section	section	ADJ
dem-16103	134	66	and	and	CCONJ
dem-16103	134	67	panel	panel	NOUN
dem-16103	134	68	data	datum	NOUN
dem-16103	134	69	i	i	NOUN
dem-16103	134	70	)	)	PUNCT
dem-16103	134	71	private	private	ADJ
dem-16103	134	72	credit	credit	NOUN
dem-16103	134	73	to	to	ADP
dem-16103	134	74	gdp	gdp	PROPN
dem-16103	134	75	ii	ii	PROPN
dem-16103	134	76	)	)	PUNCT
dem-16103	134	77	gdp	gdp	NOUN
dem-16103	134	78	10	10	NUM
dem-16103	134	79	safdari	safdari	ADJ
dem-16103	134	80	et	et	ADP
dem-16103	134	81	al.(2011	al.(2011	PROPN
dem-16103	134	82	)	)	PUNCT
dem-16103	134	83	1975	1975	NUM
dem-16103	134	84	–	–	PUNCT
dem-16103	134	85	2008	2008	NUM
dem-16103	134	86	iran	iran	PROPN
dem-16103	134	87	panel	panel	NOUN
dem-16103	134	88	i	i	NOUN
dem-16103	134	89	)	)	PUNCT
dem-16103	134	90	trade	trade	NOUN
dem-16103	134	91	to	to	ADP
dem-16103	134	92	gdp	gdp	PROPN
dem-16103	134	93	ratio	ratio	PROPN
dem-16103	134	94	ii	ii	PROPN
dem-16103	134	95	)	)	PUNCT
dem-16103	134	96	the	the	DET
dem-16103	134	97	share	share	NOUN
dem-16103	134	98	of	of	ADP
dem-16103	134	99	gross	gross	ADJ
dem-16103	134	100	fixed	fix	VERB
dem-16103	134	101	capital	capital	NOUN
dem-16103	134	102	formation	formation	NOUN
dem-16103	134	103	to	to	ADP
dem-16103	134	104	nominal	nominal	ADJ
dem-16103	134	105	gdp	gdp	NOUN
dem-16103	134	106	11	11	NUM
dem-16103	134	107	sharma	sharma	PROPN
dem-16103	134	108	and	and	CCONJ
dem-16103	134	109	ranga	ranga	PROPN
dem-16103	134	110	(	(	PUNCT
dem-16103	134	111	2014	2014	NUM
dem-16103	134	112	)	)	PUNCT
dem-16103	134	113	2000	2000	NUM
dem-16103	134	114	–	–	PUNCT
dem-16103	134	115	2012	2012	NUM
dem-16103	134	116	india	india	PROPN
dem-16103	134	117	time	time	NOUN
dem-16103	134	118	-	-	PUNCT
dem-16103	134	119	series	series	NOUN
dem-16103	134	120	i	i	PROPN
dem-16103	134	121	)	)	PUNCT
dem-16103	134	122	saving	save	VERB
dem-16103	134	123	deposits	deposit	NOUN
dem-16103	134	124	with	with	ADP
dem-16103	134	125	commercial	commercial	ADJ
dem-16103	134	126	bank	bank	PROPN
dem-16103	134	127	ii	ii	PROPN
dem-16103	134	128	)	)	PUNCT
dem-16103	134	129	gdp	gdp	NOUN
dem-16103	134	130	12	12	NUM
dem-16103	134	131	kumar	kumar	PROPN
dem-16103	134	132	and	and	CCONJ
dem-16103	134	133	chauhan	chauhan	PROPN
dem-16103	134	134	(	(	PUNCT
dem-16103	134	135	2015	2015	NUM
dem-16103	134	136	)	)	PUNCT
dem-16103	134	137	1975	1975	NUM
dem-16103	134	138	to	to	ADP
dem-16103	134	139	2013	2013	NUM
dem-16103	134	140	india	india	PROPN
dem-16103	134	141	time	time	NOUN
dem-16103	134	142	-	-	PUNCT
dem-16103	134	143	series	series	NOUN
dem-16103	134	144	i	i	PROPN
dem-16103	134	145	)	)	PUNCT
dem-16103	134	146	saving	save	VERB
dem-16103	134	147	deposits	deposit	NOUN
dem-16103	134	148	with	with	ADP
dem-16103	134	149	commercial	commercial	ADJ
dem-16103	134	150	bank	bank	PROPN
dem-16103	134	151	ii	ii	PROPN
dem-16103	134	152	)	)	PUNCT
dem-16103	134	153	gdp	gdp	NOUN
dem-16103	134	154	13	13	NUM
dem-16103	134	155	sherawat	sherawat	PROPN
dem-16103	134	156	and	and	CCONJ
dem-16103	134	157	giri(2015	giri(2015	PROPN
dem-16103	134	158	)	)	PUNCT
dem-16103	134	159	1993	1993	NUM
dem-16103	134	160	–	–	PUNCT
dem-16103	134	161	2012	2012	NUM
dem-16103	134	162	india	india	PROPN
dem-16103	134	163	panel	panel	NOUN
dem-16103	134	164	data	data	PROPN
dem-16103	134	165	i	i	NOUN
dem-16103	134	166	)	)	PUNCT
dem-16103	134	167	credit	credit	NOUN
dem-16103	134	168	as	as	ADP
dem-16103	134	169	a	a	DET
dem-16103	134	170	share	share	NOUN
dem-16103	134	171	of	of	ADP
dem-16103	134	172	state	state	PROPN
dem-16103	134	173	output	output	PROPN
dem-16103	134	174	ii	ii	PROPN
dem-16103	134	175	)	)	PUNCT
dem-16103	134	176	deposit	deposit	NOUN
dem-16103	134	177	as	as	ADP
dem-16103	134	178	a	a	DET
dem-16103	134	179	share	share	NOUN
dem-16103	134	180	of	of	ADP
dem-16103	134	181	state	state	NOUN
dem-16103	134	182	output	output	PROPN
dem-16103	134	183	iii	iii	NOUN
dem-16103	134	184	)	)	PUNCT
dem-16103	134	185	number	number	NOUN
dem-16103	134	186	of	of	ADP
dem-16103	134	187	scheduled	schedule	VERB
dem-16103	134	188	commercial	commercial	ADJ
dem-16103	134	189	bank	bank	NOUN
dem-16103	134	190	branches	branch	NOUN
dem-16103	134	191	14	14	NUM
dem-16103	134	192	sharma	sharma	PROPN
dem-16103	134	193	and	and	CCONJ
dem-16103	134	194	bardhan	bardhan	ADV
dem-16103	134	195	(	(	PUNCT
dem-16103	134	196	2016	2016	NUM
dem-16103	134	197	)	)	PUNCT
dem-16103	134	198	1980	1980	NUM
dem-16103	134	199	–	–	PUNCT
dem-16103	134	200	2011	2011	NUM
dem-16103	134	201	india	india	PROPN
dem-16103	134	202	panel	panel	PROPN
dem-16103	134	203	data	data	PROPN
dem-16103	134	204	i	i	PRON
dem-16103	134	205	)	)	PUNCT
dem-16103	134	206	per	per	ADP
dem-16103	134	207	capita	capita	X
dem-16103	134	208	deposits	deposit	NOUN
dem-16103	134	209	ii	ii	NOUN
dem-16103	134	210	)	)	PUNCT
dem-16103	134	211	per	per	ADP
dem-16103	134	212	capita	capita	X
dem-16103	134	213	credit	credit	NOUN
dem-16103	134	214	iii	iii	NOUN
dem-16103	134	215	)	)	PUNCT
dem-16103	134	216	per	per	ADP
dem-16103	134	217	capita	capita	X
dem-16103	134	218	gdp	gdp	NOUN
dem-16103	134	219	2.2	2.2	NUM
dem-16103	134	220	.	.	PUNCT
dem-16103	135	1	panel	panel	NOUN
dem-16103	135	2	unit	unit	NOUN
dem-16103	135	3	root	root	PROPN
dem-16103	135	4	test	test	NOUN
dem-16103	135	5	to	to	PART
dem-16103	135	6	identify	identify	VERB
dem-16103	135	7	the	the	DET
dem-16103	135	8	nature	nature	NOUN
dem-16103	135	9	and	and	CCONJ
dem-16103	135	10	pattern	pattern	NOUN
dem-16103	135	11	of	of	ADP
dem-16103	135	12	data	datum	NOUN
dem-16103	135	13	in	in	ADP
dem-16103	135	14	the	the	DET
dem-16103	135	15	dataset	dataset	NOUN
dem-16103	135	16	under	under	ADP
dem-16103	135	17	consideration	consideration	NOUN
dem-16103	135	18	,	,	PUNCT
dem-16103	135	19	a	a	DET
dem-16103	135	20	series	series	NOUN
dem-16103	135	21	of	of	ADP
dem-16103	135	22	panel	panel	NOUN
dem-16103	135	23	unit	unit	NOUN
dem-16103	135	24	root	root	PROPN
dem-16103	135	25	test	test	NOUN
dem-16103	135	26	were	be	AUX
dem-16103	135	27	employed	employ	VERB
dem-16103	135	28	in	in	ADP
dem-16103	135	29	the	the	DET
dem-16103	135	30	present	present	ADJ
dem-16103	135	31	analysis	analysis	NOUN
dem-16103	135	32	.	.	PUNCT
dem-16103	136	1	otherwise	otherwise	ADV
dem-16103	136	2	problem	problem	NOUN
dem-16103	136	3	with	with	ADP
dem-16103	136	4	spurious	spurious	ADJ
dem-16103	136	5	regression	regression	NOUN
dem-16103	136	6	could	could	AUX
dem-16103	136	7	be	be	AUX
dem-16103	136	8	faced	face	VERB
dem-16103	136	9	.	.	PUNCT
dem-16103	137	1	the	the	DET
dem-16103	137	2	literature	literature	NOUN
dem-16103	137	3	on	on	ADP
dem-16103	137	4	stationarity	stationarity	NOUN
dem-16103	137	5	measurement	measurement	NOUN
dem-16103	137	6	has	have	AUX
dem-16103	137	7	divided	divide	VERB
dem-16103	137	8	the	the	DET
dem-16103	137	9	unit	unit	NOUN
dem-16103	137	10	root	root	NOUN
dem-16103	137	11	tests	test	NOUN
dem-16103	137	12	into	into	ADP
dem-16103	137	13	first	first	ADJ
dem-16103	137	14	generation	generation	NOUN
dem-16103	137	15	unit	unit	NOUN
dem-16103	137	16	root	root	NOUN
dem-16103	137	17	test	test	NOUN
dem-16103	137	18	(	(	PUNCT
dem-16103	137	19	levin	levin	PROPN
dem-16103	137	20	,	,	PUNCT
dem-16103	137	21	lin	lin	PROPN
dem-16103	137	22	and	and	CCONJ
dem-16103	137	23	chu	chu	PROPN
dem-16103	137	24	(	(	PUNCT
dem-16103	137	25	llc	llc	PROPN
dem-16103	137	26	)	)	PUNCT
dem-16103	137	27	,	,	PUNCT
dem-16103	137	28	breitung	breitung	PROPN
dem-16103	137	29	,	,	PUNCT
dem-16103	137	30	hadri	hadri	PROPN
dem-16103	137	31	,	,	PUNCT
dem-16103	137	32	i	i	PRON
dem-16103	137	33	m	m	VERB
dem-16103	137	34	pesaran	pesaran	ADJ
dem-16103	137	35	shin	shin	NOUN
dem-16103	137	36	test	test	NOUN
dem-16103	137	37	(	(	PUNCT
dem-16103	137	38	ips	ips	PROPN
dem-16103	137	39	)	)	PUNCT
dem-16103	137	40	)	)	PUNCT
dem-16103	137	41	(	(	PUNCT
dem-16103	137	42	maddala	maddala	NOUN
dem-16103	137	43	and	and	CCONJ
dem-16103	137	44	wu	wu	PROPN
dem-16103	137	45	,	,	PUNCT
dem-16103	137	46	1999	1999	NUM
dem-16103	137	47	;	;	PUNCT
dem-16103	137	48	breitung	breitung	PROPN
dem-16103	137	49	,	,	PUNCT
dem-16103	137	50	2000	2000	NUM
dem-16103	137	51	;	;	PUNCT
dem-16103	137	52	hadri	hadri	PROPN
dem-16103	137	53	,	,	PUNCT
dem-16103	137	54	2000	2000	NUM
dem-16103	137	55	;	;	PUNCT
dem-16103	137	56	levin	levin	PROPN
dem-16103	137	57	et	et	PROPN
dem-16103	137	58	al	al	PROPN
dem-16103	137	59	,	,	PUNCT
dem-16103	137	60	2002	2002	NUM
dem-16103	137	61	and	and	CCONJ
dem-16103	137	62	i	i	PRON
dem-16103	137	63	m	m	VERB
dem-16103	137	64	et	et	VERB
dem-16103	137	65	al	al	PROPN
dem-16103	137	66	.	.	PROPN
dem-16103	137	67	,	,	PUNCT
dem-16103	137	68	2003	2003	NUM
dem-16103	137	69	)	)	PUNCT
dem-16103	137	70	and	and	CCONJ
dem-16103	137	71	second	second	ADJ
dem-16103	137	72	generation	generation	NOUN
dem-16103	137	73	unit	unit	NOUN
dem-16103	137	74	root	root	NOUN
dem-16103	137	75	tests	test	NOUN
dem-16103	137	76	(	(	PUNCT
dem-16103	137	77	o’connell	o’connell	INTJ
dem-16103	137	78	;	;	PUNCT
dem-16103	137	79	breitung	breitung	PROPN
dem-16103	137	80	and	and	CCONJ
dem-16103	137	81	das	das	PROPN
dem-16103	137	82	;	;	PUNCT
dem-16103	137	83	moon	moon	NOUN
dem-16103	137	84	and	and	CCONJ
dem-16103	137	85	perron	perron	PROPN
dem-16103	137	86	,	,	PUNCT
dem-16103	137	87	bai	bai	PROPN
dem-16103	137	88	and	and	CCONJ
dem-16103	137	89	ng	ng	PROPN
dem-16103	137	90	and	and	CCONJ
dem-16103	137	91	pesaran	pesaran	PROPN
dem-16103	137	92	developed	develop	VERB
dem-16103	137	93	by	by	ADP
dem-16103	137	94	o’connell	o’connell	PROPN
dem-16103	137	95	,	,	PUNCT
dem-16103	137	96	1998	1998	NUM
dem-16103	137	97	;	;	PUNCT
dem-16103	137	98	breitung	breitung	VERB
dem-16103	137	99	and	and	CCONJ
dem-16103	137	100	das	das	PROPN
dem-16103	137	101	moon	moon	PROPN
dem-16103	137	102	and	and	CCONJ
dem-16103	137	103	perron	perron	PROPN
dem-16103	137	104	,	,	PUNCT
dem-16103	137	105	2004	2004	NUM
dem-16103	137	106	;	;	PUNCT
dem-16103	137	107	bai	bai	PROPN
dem-16103	137	108	and	and	CCONJ
dem-16103	137	109	ng	ng	PROPN
dem-16103	137	110	,	,	PUNCT
dem-16103	137	111	2004	2004	NUM
dem-16103	137	112	;	;	PUNCT
dem-16103	137	113	breitung	breitung	NOUN
dem-16103	137	114	and	and	CCONJ
dem-16103	137	115	das	das	PROPN
dem-16103	137	116	,	,	PUNCT
dem-16103	137	117	2005	2005	NUM
dem-16103	137	118	and	and	CCONJ
dem-16103	137	119	pesaran	pesaran	VERB
dem-16103	137	120	,	,	PUNCT
dem-16103	137	121	2007	2007	NUM
dem-16103	137	122	)	)	PUNCT
dem-16103	137	123	(	(	PUNCT
dem-16103	137	124	hurlin	hurlin	NOUN
dem-16103	137	125	,	,	PUNCT
dem-16103	137	126	2004	2004	NUM
dem-16103	137	127	and	and	CCONJ
dem-16103	137	128	hu	hu	PROPN
dem-16103	137	129	et	et	PROPN
dem-16103	137	130	al	al	PROPN
dem-16103	137	131	.	.	PROPN
dem-16103	137	132	,	,	PUNCT
dem-16103	137	133	2006	2006	NUM
dem-16103	137	134	)	)	PUNCT
dem-16103	137	135	.	.	PUNCT
dem-16103	138	1	the	the	DET
dem-16103	138	2	first	first	ADJ
dem-16103	138	3	generation	generation	NOUN
dem-16103	138	4	unit	unit	NOUN
dem-16103	138	5	root	root	NOUN
dem-16103	138	6	tests	test	NOUN
dem-16103	138	7	are	be	AUX
dem-16103	138	8	in	in	ADP
dem-16103	138	9	-	-	PUNCT
dem-16103	138	10	turn	turn	NOUN
dem-16103	138	11	divided	divide	VERB
dem-16103	138	12	into	into	ADP
dem-16103	138	13	homogeneous	homogeneous	ADJ
dem-16103	138	14	model	model	NOUN
dem-16103	138	15	hypothesis	hypothesis	NOUN
dem-16103	138	16	tests	test	NOUN
dem-16103	138	17	(	(	PUNCT
dem-16103	138	18	levin	levin	PROPN
dem-16103	138	19	,	,	PUNCT
dem-16103	138	20	et	et	PROPN
dem-16103	138	21	al	al	PROPN
dem-16103	138	22	.	.	PROPN
dem-16103	138	23	,	,	PUNCT
dem-16103	138	24	2002	2002	NUM
dem-16103	138	25	;	;	PUNCT
dem-16103	138	26	breitung	breitung	PROPN
dem-16103	138	27	,	,	PUNCT
dem-16103	138	28	2000	2000	NUM
dem-16103	138	29	and	and	CCONJ
dem-16103	138	30	hadri	hadri	NOUN
dem-16103	138	31	,	,	PUNCT
dem-16103	138	32	2000	2000	NUM
dem-16103	138	33	)	)	PUNCT
dem-16103	138	34	and	and	CCONJ
dem-16103	138	35	heterogeneous	heterogeneous	ADJ
dem-16103	138	36	model	model	NOUN
dem-16103	138	37	hypothesis	hypothesis	NOUN
dem-16103	138	38	tests	test	NOUN
dem-16103	138	39	(	(	PUNCT
dem-16103	138	40	i	i	NOUN
dem-16103	138	41	m	m	VERB
dem-16103	138	42	et	et	NOUN
dem-16103	138	43	al	al	PROPN
dem-16103	138	44	.	.	PROPN
dem-16103	138	45	,	,	PUNCT
dem-16103	138	46	2003	2003	NUM
dem-16103	138	47	and	and	CCONJ
dem-16103	138	48	maddala	maddala	PROPN
dem-16103	138	49	and	and	CCONJ
dem-16103	138	50	wu	wu	PROPN
dem-16103	138	51	,	,	PUNCT
dem-16103	138	52	1999	1999	NUM
dem-16103	138	53	)	)	PUNCT
dem-16103	138	54	.	.	PUNCT
dem-16103	139	1	although	although	SCONJ
dem-16103	139	2	,	,	PUNCT
dem-16103	139	3	cross	cross	ADJ
dem-16103	139	4	-	-	ADJ
dem-16103	139	5	sectional	sectional	ADJ
dem-16103	139	6	units	unit	NOUN
dem-16103	139	7	in	in	ADP
dem-16103	139	8	the	the	DET
dem-16103	139	9	present	present	ADJ
dem-16103	139	10	study	study	NOUN
dem-16103	139	11	are	be	AUX
dem-16103	139	12	the	the	DET
dem-16103	139	13	states	state	NOUN
dem-16103	139	14	of	of	ADP
dem-16103	139	15	india	india	PROPN
dem-16103	139	16	which	which	PRON
dem-16103	139	17	more	more	ADV
dem-16103	139	18	or	or	CCONJ
dem-16103	139	19	less	less	ADJ
dem-16103	139	20	comes	come	VERB
dem-16103	139	21	under	under	ADP
dem-16103	139	22	homodynamics	homodynamic	NOUN
dem-16103	139	23	of	of	ADP
dem-16103	139	24	financial	financial	ADJ
dem-16103	139	25	development	development	NOUN
dem-16103	139	26	and	and	CCONJ
dem-16103	139	27	economic	economic	ADJ
dem-16103	139	28	growth	growth	NOUN
dem-16103	139	29	:	:	PUNCT
dem-16103	139	30	panel	panel	NOUN
dem-16103	139	31	data	data	VERB
dem-16103	139	32	analysis	analysis	NOUN
dem-16103	139	33	…	…	SYM
dem-16103	139	34	dynamic	dynamic	ADJ
dem-16103	139	35	econometric	econometric	ADJ
dem-16103	139	36	models	model	NOUN
dem-16103	139	37	18	18	NUM
dem-16103	139	38	(	(	PUNCT
dem-16103	139	39	2018	2018	NUM
dem-16103	139	40	)	)	PUNCT
dem-16103	139	41	5–34	5–34	NOUN
dem-16103	139	42	15	15	NUM
dem-16103	139	43	geneous	geneous	ADJ
dem-16103	139	44	model	model	NOUN
dem-16103	139	45	hypothesis	hypothesis	NOUN
dem-16103	139	46	,	,	PUNCT
dem-16103	139	47	yet	yet	ADV
dem-16103	139	48	to	to	PART
dem-16103	139	49	reinforce	reinforce	VERB
dem-16103	139	50	the	the	DET
dem-16103	139	51	results	result	NOUN
dem-16103	139	52	in	in	ADP
dem-16103	139	53	the	the	DET
dem-16103	139	54	present	present	ADJ
dem-16103	139	55	attempt	attempt	NOUN
dem-16103	139	56	tests	test	NOUN
dem-16103	139	57	from	from	ADP
dem-16103	139	58	heterogeneous	heterogeneous	ADJ
dem-16103	139	59	hypothesis	hypothesis	NOUN
dem-16103	139	60	model	model	NOUN
dem-16103	139	61	have	have	AUX
dem-16103	139	62	also	also	ADV
dem-16103	139	63	been	be	AUX
dem-16103	139	64	implemented	implement	VERB
dem-16103	139	65	.	.	PUNCT
dem-16103	140	1	in	in	ADP
dem-16103	140	2	case	case	NOUN
dem-16103	140	3	of	of	ADP
dem-16103	140	4	ips	ips	PROPN
dem-16103	140	5	test	test	NOUN
dem-16103	140	6	,	,	PUNCT
dem-16103	140	7	for	for	ADP
dem-16103	140	8	analysing	analyse	VERB
dem-16103	140	9	the	the	DET
dem-16103	140	10	presence	presence	NOUN
dem-16103	140	11	of	of	ADP
dem-16103	140	12	unit	unit	NOUN
dem-16103	140	13	root	root	NOUN
dem-16103	140	14	,	,	PUNCT
dem-16103	140	15	the	the	DET
dem-16103	140	16	model	model	NOUN
dem-16103	140	17	is	be	AUX
dem-16103	140	18	specified	specify	VERB
dem-16103	140	19	as	as	SCONJ
dem-16103	140	20	follows	follow	VERB
dem-16103	140	21	:	:	PUNCT
dem-16103	140	22	yit	yit	PROPN
dem-16103	140	23	=	=	SYM
dem-16103	140	24	βiyit-1	βiyit-1	PROPN
dem-16103	140	25	+	+	CCONJ
dem-16103	140	26	∑	∑	ADP
dem-16103	140	27	∅#$	∅#$	NOUN
dem-16103	140	28	%	%	NOUN
dem-16103	140	29	$	$	SYM
dem-16103	140	30	&	&	CCONJ
dem-16103	140	31	'	'	PUNCT
dem-16103	140	32	∆yi	∆yi	PROPN
dem-16103	140	33	t	t	PROPN
dem-16103	140	34	-	-	PUNCT
dem-16103	140	35	j	j	PROPN
dem-16103	141	1	+	+	CCONJ
dem-16103	141	2	xitp+ϵit	xitp+ϵit	PROPN
dem-16103	141	3	(	(	PUNCT
dem-16103	141	4	1	1	NUM
dem-16103	141	5	)	)	PUNCT
dem-16103	142	1	where	where	SCONJ
dem-16103	142	2	i	i	PRON
dem-16103	142	3	=	=	SYM
dem-16103	142	4	1,2,	1,2,	NUM
dem-16103	142	5	...	...	PUNCT
dem-16103	142	6	,n	,n	NOUN
dem-16103	142	7	are	be	AUX
dem-16103	142	8	the	the	DET
dem-16103	142	9	number	number	NOUN
dem-16103	142	10	of	of	ADP
dem-16103	142	11	cross	cross	NOUN
dem-16103	142	12	-	-	NOUN
dem-16103	142	13	sections	section	NOUN
dem-16103	142	14	over	over	ADP
dem-16103	142	15	period	period	NOUN
dem-16103	142	16	t	t	PROPN
dem-16103	142	17	=	=	SYM
dem-16103	142	18	1,2,	1,2,	NUM
dem-16103	142	19	…	…	SYM
dem-16103	142	20	,ti	,ti	X
dem-16103	142	21	here	here	ADV
dem-16103	142	22	,	,	PUNCT
dem-16103	142	23	y¡t	y¡t	PROPN
dem-16103	142	24	stands	stand	VERB
dem-16103	142	25	for	for	ADP
dem-16103	142	26	each	each	DET
dem-16103	142	27	variable	variable	NOUN
dem-16103	142	28	under	under	ADP
dem-16103	142	29	consideration	consideration	NOUN
dem-16103	142	30	in	in	ADP
dem-16103	142	31	our	our	PRON
dem-16103	142	32	model	model	NOUN
dem-16103	142	33	,	,	PUNCT
dem-16103	142	34	β	β	X
dem-16103	142	35	is	be	AUX
dem-16103	142	36	autoregressive	autoregressive	ADJ
dem-16103	142	37	coefficient	coefficient	NOUN
dem-16103	142	38	and	and	CCONJ
dem-16103	142	39	ϵ	ϵ	NOUN
dem-16103	142	40	is	be	AUX
dem-16103	142	41	the	the	DET
dem-16103	142	42	error	error	NOUN
dem-16103	142	43	term	term	NOUN
dem-16103	142	44	.	.	PUNCT
dem-16103	143	1	the	the	DET
dem-16103	143	2	null	null	ADJ
dem-16103	143	3	and	and	CCONJ
dem-16103	143	4	alternate	alternate	ADJ
dem-16103	143	5	hypothesis	hypothesis	NOUN
dem-16103	143	6	of	of	ADP
dem-16103	143	7	the	the	DET
dem-16103	143	8	respective	respective	ADJ
dem-16103	143	9	model	model	NOUN
dem-16103	143	10	:	:	PUNCT
dem-16103	143	11	h0	h0	NOUN
dem-16103	143	12	:	:	PUNCT
dem-16103	143	13	βi	βi	PROPN
dem-16103	143	14	=	=	SYM
dem-16103	143	15	0	0	NUM
dem-16103	143	16	,	,	PUNCT
dem-16103	143	17	for	for	ADP
dem-16103	143	18	i	i	PROPN
dem-16103	143	19	=	=	SYM
dem-16103	143	20	1	1	NUM
dem-16103	143	21	,	,	PUNCT
dem-16103	143	22	2	2	NUM
dem-16103	143	23	,	,	PUNCT
dem-16103	143	24	…	…	PUNCT
dem-16103	143	25	,	,	PUNCT
dem-16103	143	26	n.	n.	NOUN
dem-16103	143	27	(	(	PUNCT
dem-16103	143	28	2	2	NUM
dem-16103	143	29	)	)	PUNCT
dem-16103	143	30	this	this	PRON
dem-16103	143	31	indicates	indicate	VERB
dem-16103	143	32	that	that	SCONJ
dem-16103	143	33	a	a	DET
dem-16103	143	34	unit	unit	NOUN
dem-16103	143	35	root	root	NOUN
dem-16103	143	36	is	be	AUX
dem-16103	143	37	present	present	ADJ
dem-16103	143	38	and	and	CCONJ
dem-16103	143	39	thus	thus	ADV
dem-16103	143	40	,	,	PUNCT
dem-16103	143	41	the	the	DET
dem-16103	143	42	model	model	NOUN
dem-16103	143	43	would	would	AUX
dem-16103	143	44	be	be	AUX
dem-16103	143	45	nonstationary	nonstationary	ADJ
dem-16103	143	46	in	in	ADP
dem-16103	143	47	this	this	DET
dem-16103	143	48	case	case	NOUN
dem-16103	143	49	.	.	PUNCT
dem-16103	144	1	h1	h1	PROPN
dem-16103	144	2	:	:	PUNCT
dem-16103	144	3	βi	βi	X
dem-16103	144	4	<	<	X
dem-16103	144	5	0	0	NUM
dem-16103	144	6	,	,	PUNCT
dem-16103	144	7	for	for	ADP
dem-16103	144	8	i	i	PROPN
dem-16103	144	9	=	=	SYM
dem-16103	144	10	1	1	NUM
dem-16103	144	11	,	,	PUNCT
dem-16103	144	12	2	2	NUM
dem-16103	144	13	,	,	PUNCT
dem-16103	144	14	…	…	PUNCT
dem-16103	144	15	,	,	PUNCT
dem-16103	144	16	n.	n.	NOUN
dem-16103	144	17	(	(	PUNCT
dem-16103	144	18	3	3	NUM
dem-16103	144	19	)	)	PUNCT
dem-16103	144	20	ips	ip	NOUN
dem-16103	144	21	test	test	NOUN
dem-16103	144	22	uses	use	VERB
dem-16103	144	23	different	different	ADJ
dem-16103	144	24	unit	unit	NOUN
dem-16103	144	25	root	root	NOUN
dem-16103	144	26	test	test	NOUN
dem-16103	144	27	for	for	SCONJ
dem-16103	144	28	all	all	DET
dem-16103	144	29	the	the	DET
dem-16103	144	30	cross	cross	NOUN
dem-16103	144	31	-	-	NOUN
dem-16103	144	32	sections	section	NOUN
dem-16103	144	33	and	and	CCONJ
dem-16103	144	34	the	the	DET
dem-16103	144	35	final	final	ADJ
dem-16103	144	36	test	test	NOUN
dem-16103	144	37	statistics	statistic	NOUN
dem-16103	144	38	is	be	AUX
dem-16103	144	39	represented	represent	VERB
dem-16103	144	40	as	as	ADP
dem-16103	144	41	𝑡	𝑡	X
dem-16103	144	42	̅is	̅is	PRON
dem-16103	144	43	the	the	DET
dem-16103	144	44	average	average	NOUN
dem-16103	144	45	of	of	ADP
dem-16103	144	46	individual	individual	ADJ
dem-16103	144	47	adf	adf	PROPN
dem-16103	144	48	statistics	statistic	NOUN
dem-16103	144	49	.	.	PUNCT
dem-16103	145	1	𝑡̅=1	𝑡̅=1	NOUN
dem-16103	145	2	/	/	SYM
dem-16103	145	3	n	n	PROPN
dem-16103	145	4	∑	∑	PROPN
dem-16103	145	5	(	(	PUNCT
dem-16103	145	6	𝑡)%	𝑡)%	ADV
dem-16103	145	7	#	#	NUM
dem-16103	145	8	,	,	PUNCT
dem-16103	145	9	$	$	SYM
dem-16103	145	10	&	&	CCONJ
dem-16103	145	11	'	'	PUNCT
dem-16103	145	12	where	where	SCONJ
dem-16103	145	13	tpi	tpi	PROPN
dem-16103	145	14	is	be	AUX
dem-16103	145	15	the	the	DET
dem-16103	145	16	individual	individual	ADJ
dem-16103	145	17	t	t	PROPN
dem-16103	145	18	-	-	PUNCT
dem-16103	145	19	statistic	statistic	NOUN
dem-16103	145	20	for	for	ADP
dem-16103	145	21	testing	test	VERB
dem-16103	145	22	the	the	DET
dem-16103	145	23	null	null	ADJ
dem-16103	145	24	hypothesis	hypothesis	NOUN
dem-16103	145	25	.	.	PUNCT
dem-16103	146	1	under	under	ADP
dem-16103	146	2	the	the	DET
dem-16103	146	3	null	null	ADJ
dem-16103	146	4	hypothesis	hypothesis	NOUN
dem-16103	146	5	of	of	ADP
dem-16103	146	6	non	non	ADJ
dem-16103	146	7	-	-	ADJ
dem-16103	146	8	stationarity	stationarity	ADJ
dem-16103	146	9	ips	ip	NOUN
dem-16103	146	10	show	show	VERB
dem-16103	146	11	that	that	SCONJ
dem-16103	146	12	the	the	DET
dem-16103	146	13	t	t	PROPN
dem-16103	146	14	-	-	PUNCT
dem-16103	146	15	statistic	statistic	NOUN
dem-16103	146	16	follows	follow	VERB
dem-16103	146	17	asymptotically	asymptotically	ADV
dem-16103	146	18	a	a	DET
dem-16103	146	19	standard	standard	ADJ
dem-16103	146	20	normal	normal	ADJ
dem-16103	146	21	distribution	distribution	NOUN
dem-16103	146	22	.	.	PUNCT
dem-16103	147	1	ips	ip	NOUN
dem-16103	147	2	provides	provide	VERB
dem-16103	147	3	simulated	simulated	ADJ
dem-16103	147	4	critical	critical	ADJ
dem-16103	147	5	values	value	NOUN
dem-16103	147	6	for	for	ADP
dem-16103	147	7	t	t	PROPN
dem-16103	147	8	for	for	ADP
dem-16103	147	9	different	different	ADJ
dem-16103	147	10	number	number	NOUN
dem-16103	147	11	of	of	ADP
dem-16103	147	12	cross	cross	ADJ
dem-16103	147	13	-	-	NOUN
dem-16103	147	14	sections	section	NOUN
dem-16103	147	15	n	n	CCONJ
dem-16103	147	16	,	,	PUNCT
dem-16103	147	17	series	series	NOUN
dem-16103	147	18	length	length	NOUN
dem-16103	147	19	t.	t.	PROPN
dem-16103	147	20	on	on	ADP
dem-16103	147	21	the	the	DET
dem-16103	147	22	other	other	ADJ
dem-16103	147	23	hand	hand	NOUN
dem-16103	147	24	,	,	PUNCT
dem-16103	147	25	llc	llc	PROPN
dem-16103	147	26	estimates	estimate	VERB
dem-16103	147	27	the	the	DET
dem-16103	147	28	simple	simple	ADJ
dem-16103	147	29	regression	regression	NOUN
dem-16103	147	30	equation	equation	NOUN
dem-16103	147	31	of	of	ADP
dem-16103	147	32	differenced	differenced	ADJ
dem-16103	147	33	concerned	concerned	ADJ
dem-16103	147	34	variable	variable	NOUN
dem-16103	147	35	as	as	SCONJ
dem-16103	147	36	follows	follow	VERB
dem-16103	147	37	:	:	PUNCT
dem-16103	147	38	∆xit=∝+δxit-1∑	∆xit=∝+δxit-1∑	PROPN
dem-16103	147	39	∅ij	∅ij	NOUN
dem-16103	147	40	∆s	∆s	PROPN
dem-16103	147	41	r=1	r=1	NOUN
dem-16103	147	42	xit	xit	PROPN
dem-16103	147	43	-	-	PUNCT
dem-16103	147	44	j	j	PROPN
dem-16103	147	45	+	+	CCONJ
dem-16103	147	46	uit	uit	PROPN
dem-16103	147	47	(	(	PUNCT
dem-16103	147	48	4	4	NUM
dem-16103	147	49	)	)	PUNCT
dem-16103	147	50	where	where	SCONJ
dem-16103	147	51	,	,	PUNCT
dem-16103	147	52	x	x	X
dem-16103	147	53	is	be	AUX
dem-16103	147	54	the	the	DET
dem-16103	147	55	variable	variable	NOUN
dem-16103	147	56	under	under	ADP
dem-16103	147	57	consideration	consideration	NOUN
dem-16103	147	58	,	,	PUNCT
dem-16103	147	59	δ	δ	PROPN
dem-16103	147	60	is	be	AUX
dem-16103	147	61	the	the	DET
dem-16103	147	62	coefficient	coefficient	NOUN
dem-16103	147	63	,	,	PUNCT
dem-16103	147	64	u	u	NOUN
dem-16103	147	65	is	be	AUX
dem-16103	147	66	the	the	DET
dem-16103	147	67	error	error	NOUN
dem-16103	147	68	term	term	NOUN
dem-16103	147	69	and	and	CCONJ
dem-16103	147	70	i	i	NOUN
dem-16103	147	71	=	=	NOUN
dem-16103	147	72	1	1	NUM
dem-16103	147	73	,	,	PUNCT
dem-16103	147	74	2	2	NUM
dem-16103	147	75	,	,	PUNCT
dem-16103	147	76	…	…	PUNCT
dem-16103	147	77	,	,	PUNCT
dem-16103	147	78	n	n	CCONJ
dem-16103	147	79	implying	imply	VERB
dem-16103	147	80	the	the	DET
dem-16103	147	81	number	number	NOUN
dem-16103	147	82	of	of	ADP
dem-16103	147	83	cross	cross	NOUN
dem-16103	147	84	-	-	NOUN
dem-16103	147	85	sections	section	NOUN
dem-16103	147	86	and	and	CCONJ
dem-16103	147	87	t	t	NOUN
dem-16103	147	88	=	=	SYM
dem-16103	147	89	1,2	1,2	NUM
dem-16103	147	90	,	,	PUNCT
dem-16103	147	91	…	…	PUNCT
dem-16103	147	92	,	,	PUNCT
dem-16103	147	93	t.	t.	PROPN
dem-16103	147	94	the	the	DET
dem-16103	147	95	llc	llc	PROPN
dem-16103	147	96	unit	unit	NOUN
dem-16103	147	97	root	root	PROPN
dem-16103	147	98	test	test	NOUN
dem-16103	147	99	has	have	AUX
dem-16103	147	100	developed	develop	VERB
dem-16103	147	101	a	a	DET
dem-16103	147	102	procedure	procedure	NOUN
dem-16103	147	103	utilizing	utilize	VERB
dem-16103	147	104	pooled	pool	VERB
dem-16103	147	105	crosssection	crosssection	NOUN
dem-16103	147	106	time	time	NOUN
dem-16103	147	107	-	-	PUNCT
dem-16103	147	108	series	series	NOUN
dem-16103	147	109	data	datum	NOUN
dem-16103	147	110	to	to	PART
dem-16103	147	111	test	test	VERB
dem-16103	147	112	the	the	DET
dem-16103	147	113	null	null	ADJ
dem-16103	147	114	hypothesis	hypothesis	NOUN
dem-16103	147	115	that	that	PRON
dem-16103	147	116	each	each	DET
dem-16103	147	117	individual	individual	ADJ
dem-16103	147	118	timeseries	timeserie	NOUN
dem-16103	147	119	contains	contain	VERB
dem-16103	147	120	a	a	DET
dem-16103	147	121	unit	unit	NOUN
dem-16103	147	122	root	root	NOUN
dem-16103	147	123	.	.	PUNCT
dem-16103	148	1	under	under	ADP
dem-16103	148	2	llc	llc	PROPN
dem-16103	148	3	the	the	DET
dem-16103	148	4	unit	unit	NOUN
dem-16103	148	5	roots	root	NOUN
dem-16103	148	6	are	be	AUX
dem-16103	148	7	tested	test	VERB
dem-16103	148	8	using	use	VERB
dem-16103	148	9	adf	adf	PROPN
dem-16103	148	10	regression	regression	NOUN
dem-16103	148	11	the	the	DET
dem-16103	148	12	llc	llc	PROPN
dem-16103	148	13	test	test	NOUN
dem-16103	148	14	involves	involve	VERB
dem-16103	148	15	that	that	SCONJ
dem-16103	148	16	rejection	rejection	NOUN
dem-16103	148	17	of	of	ADP
dem-16103	148	18	the	the	DET
dem-16103	148	19	null	null	NOUN
dem-16103	148	20	can	can	AUX
dem-16103	148	21	occur	occur	VERB
dem-16103	148	22	even	even	ADV
dem-16103	148	23	when	when	SCONJ
dem-16103	148	24	only	only	ADV
dem-16103	148	25	a	a	DET
dem-16103	148	26	small	small	ADJ
dem-16103	148	27	sub	sub	NOUN
dem-16103	148	28	-	-	ADJ
dem-16103	148	29	set	set	ADJ
dem-16103	148	30	of	of	ADP
dem-16103	148	31	series	series	NOUN
dem-16103	148	32	are	be	AUX
dem-16103	148	33	stationary	stationary	ADJ
dem-16103	148	34	(	(	PUNCT
dem-16103	148	35	divino	divino	X
dem-16103	148	36	et	et	PROPN
dem-16103	148	37	al	al	PROPN
dem-16103	148	38	.	.	PROPN
dem-16103	148	39	,	,	PUNCT
dem-16103	148	40	2009	2009	NUM
dem-16103	148	41	)	)	PUNCT
dem-16103	148	42	.	.	PUNCT
dem-16103	149	1	apart	apart	ADV
dem-16103	149	2	from	from	ADP
dem-16103	149	3	this	this	PRON
dem-16103	149	4	,	,	PUNCT
dem-16103	149	5	the	the	DET
dem-16103	149	6	llc	llc	PROPN
dem-16103	149	7	test	test	NOUN
dem-16103	149	8	assumes	assume	VERB
dem-16103	149	9	that	that	SCONJ
dem-16103	149	10	errors	error	NOUN
dem-16103	149	11	are	be	AUX
dem-16103	149	12	independent	independent	ADJ
dem-16103	149	13	across	across	ADP
dem-16103	149	14	all	all	DET
dem-16103	149	15	crosssections	crosssection	NOUN
dem-16103	149	16	(	(	PUNCT
dem-16103	149	17	banerjee	banerjee	PROPN
dem-16103	149	18	,	,	PUNCT
dem-16103	149	19	1999	1999	NUM
dem-16103	149	20	)	)	PUNCT
dem-16103	149	21	.	.	PUNCT
dem-16103	150	1	in	in	ADP
dem-16103	150	2	the	the	DET
dem-16103	150	3	present	present	ADJ
dem-16103	150	4	study	study	NOUN
dem-16103	150	5	,	,	PUNCT
dem-16103	150	6	comparison	comparison	NOUN
dem-16103	150	7	of	of	ADP
dem-16103	150	8	the	the	DET
dem-16103	150	9	results	result	NOUN
dem-16103	150	10	from	from	ADP
dem-16103	150	11	the	the	DET
dem-16103	150	12	above	above	ADV
dem-16103	150	13	mentioned	mention	VERB
dem-16103	150	14	types	type	NOUN
dem-16103	150	15	of	of	ADP
dem-16103	150	16	tests	test	NOUN
dem-16103	150	17	would	would	AUX
dem-16103	150	18	enable	enable	VERB
dem-16103	150	19	overall	overall	ADJ
dem-16103	150	20	comparison	comparison	NOUN
dem-16103	150	21	of	of	ADP
dem-16103	150	22	cross	cross	ADJ
dem-16103	150	23	-	-	ADJ
dem-16103	150	24	section	section	ADJ
dem-16103	150	25	results	result	NOUN
dem-16103	150	26	.	.	PUNCT
dem-16103	151	1	shravani	shravani	PROPN
dem-16103	151	2	sharma	sharma	PROPN
dem-16103	151	3	and	and	CCONJ
dem-16103	151	4	supran	supran	PROPN
dem-16103	151	5	kumar	kumar	PROPN
dem-16103	151	6	dynamic	dynamic	PROPN
dem-16103	151	7	econometric	econometric	ADJ
dem-16103	151	8	models	model	NOUN
dem-16103	151	9	18	18	NUM
dem-16103	151	10	(	(	PUNCT
dem-16103	151	11	2018	2018	NUM
dem-16103	151	12	)	)	PUNCT
dem-16103	151	13	5–34	5–34	NOUN
dem-16103	151	14	16	16	NUM
dem-16103	151	15	literature	literature	NOUN
dem-16103	151	16	reveals	reveal	VERB
dem-16103	151	17	that	that	SCONJ
dem-16103	151	18	not	not	PART
dem-16103	151	19	considering	consider	VERB
dem-16103	151	20	the	the	DET
dem-16103	151	21	cross	cross	ADJ
dem-16103	151	22	-	-	ADJ
dem-16103	151	23	sectional	sectional	ADJ
dem-16103	151	24	dependence	dependence	NOUN
dem-16103	151	25	across	across	ADP
dem-16103	151	26	cross	cross	ADJ
dem-16103	151	27	-	-	ADJ
dem-16103	151	28	section	section	ADJ
dem-16103	151	29	units	unit	NOUN
dem-16103	151	30	may	may	AUX
dem-16103	151	31	affect	affect	VERB
dem-16103	151	32	the	the	DET
dem-16103	151	33	sample	sample	NOUN
dem-16103	151	34	behaviour	behaviour	NOUN
dem-16103	151	35	of	of	ADP
dem-16103	151	36	the	the	DET
dem-16103	151	37	panel	panel	NOUN
dem-16103	151	38	unit	unit	NOUN
dem-16103	151	39	root	root	PROPN
dem-16103	151	40	test	test	NOUN
dem-16103	151	41	which	which	PRON
dem-16103	151	42	subsequently	subsequently	ADV
dem-16103	151	43	results	result	VERB
dem-16103	151	44	to	to	ADP
dem-16103	151	45	the	the	DET
dem-16103	151	46	incorrect	incorrect	ADJ
dem-16103	151	47	decision	decision	NOUN
dem-16103	151	48	in	in	ADP
dem-16103	151	49	a	a	DET
dem-16103	151	50	unit	unit	NOUN
dem-16103	151	51	root	root	NOUN
dem-16103	151	52	test	test	NOUN
dem-16103	151	53	(	(	PUNCT
dem-16103	151	54	o’connell	o’connell	INTJ
dem-16103	151	55	,	,	PUNCT
dem-16103	151	56	1998	1998	NUM
dem-16103	151	57	,	,	PUNCT
dem-16103	151	58	banerjee	banerjee	PROPN
dem-16103	151	59	1999	1999	NUM
dem-16103	151	60	;	;	PUNCT
dem-16103	151	61	pesaran	pesaran	VERB
dem-16103	151	62	,	,	PUNCT
dem-16103	151	63	2007	2007	NUM
dem-16103	151	64	)	)	PUNCT
dem-16103	151	65	.	.	PUNCT
dem-16103	152	1	in	in	ADP
dem-16103	152	2	order	order	NOUN
dem-16103	152	3	to	to	PART
dem-16103	152	4	evade	evade	VERB
dem-16103	152	5	this	this	DET
dem-16103	152	6	under	under	NOUN
dem-16103	152	7	-	-	PUNCT
dem-16103	152	8	performance	performance	NOUN
dem-16103	152	9	of	of	ADP
dem-16103	152	10	the	the	DET
dem-16103	152	11	unit	unit	NOUN
dem-16103	152	12	root	root	NOUN
dem-16103	152	13	tests	test	NOUN
dem-16103	152	14	,	,	PUNCT
dem-16103	152	15	the	the	DET
dem-16103	152	16	present	present	ADJ
dem-16103	152	17	study	study	NOUN
dem-16103	152	18	carried	carry	VERB
dem-16103	152	19	out	out	ADP
dem-16103	152	20	second	second	ADJ
dem-16103	152	21	generation	generation	NOUN
dem-16103	152	22	panel	panel	NOUN
dem-16103	152	23	unit	unit	NOUN
dem-16103	152	24	root	root	PROPN
dem-16103	152	25	test	test	NOUN
dem-16103	152	26	which	which	PRON
dem-16103	152	27	takes	take	VERB
dem-16103	152	28	care	care	NOUN
dem-16103	152	29	of	of	ADP
dem-16103	152	30	cross	cross	ADJ
dem-16103	152	31	-	-	ADJ
dem-16103	152	32	sectional	sectional	ADJ
dem-16103	152	33	dependence	dependence	NOUN
dem-16103	152	34	and	and	CCONJ
dem-16103	152	35	also	also	ADV
dem-16103	152	36	allows	allow	VERB
dem-16103	152	37	for	for	ADP
dem-16103	152	38	parameter	parameter	NOUN
dem-16103	152	39	heterogeneity	heterogeneity	NOUN
dem-16103	152	40	and	and	CCONJ
dem-16103	152	41	serial	serial	ADJ
dem-16103	152	42	correlation	correlation	NOUN
dem-16103	152	43	between	between	ADP
dem-16103	152	44	cross	cross	ADJ
dem-16103	152	45	-	-	ADJ
dem-16103	152	46	section	section	ADJ
dem-16103	152	47	units	unit	NOUN
dem-16103	152	48	in	in	ADP
dem-16103	152	49	the	the	DET
dem-16103	152	50	panel	panel	NOUN
dem-16103	152	51	(	(	PUNCT
dem-16103	152	52	pesaran	pesaran	VERB
dem-16103	152	53	,	,	PUNCT
dem-16103	152	54	2007	2007	NUM
dem-16103	152	55	)	)	PUNCT
dem-16103	152	56	.	.	PUNCT
dem-16103	153	1	pesaran	pesaran	PROPN
dem-16103	153	2	(	(	PUNCT
dem-16103	153	3	2007	2007	NUM
dem-16103	153	4	)	)	PUNCT
dem-16103	153	5	panel	panel	NOUN
dem-16103	153	6	unit	unit	NOUN
dem-16103	153	7	root	root	PROPN
dem-16103	153	8	test	test	NOUN
dem-16103	153	9	takes	take	VERB
dem-16103	153	10	care	care	NOUN
dem-16103	153	11	of	of	ADP
dem-16103	153	12	cross	cross	ADJ
dem-16103	153	13	-	-	ADJ
dem-16103	153	14	sectional	sectional	ADJ
dem-16103	153	15	dependence	dependence	NOUN
dem-16103	153	16	by	by	ADP
dem-16103	153	17	augmenting	augment	VERB
dem-16103	153	18	the	the	DET
dem-16103	153	19	df	df	PROPN
dem-16103	153	20	regression	regression	NOUN
dem-16103	153	21	(	(	PUNCT
dem-16103	153	22	dicky	dicky	ADJ
dem-16103	153	23	and	and	CCONJ
dem-16103	153	24	fuller	full	ADJ
dem-16103	153	25	,	,	PUNCT
dem-16103	153	26	1979	1979	NUM
dem-16103	153	27	)	)	PUNCT
dem-16103	153	28	with	with	ADP
dem-16103	153	29	crosssectional	crosssectional	ADJ
dem-16103	153	30	mean	mean	NOUN
dem-16103	153	31	and	and	CCONJ
dem-16103	153	32	its	its	PRON
dem-16103	153	33	lag	lag	NOUN
dem-16103	153	34	.	.	PUNCT
dem-16103	154	1	this	this	DET
dem-16103	154	2	test	test	NOUN
dem-16103	154	3	is	be	AUX
dem-16103	154	4	known	know	VERB
dem-16103	154	5	as	as	ADP
dem-16103	154	6	cross	cross	ADJ
dem-16103	154	7	-	-	ADJ
dem-16103	154	8	sectionally	sectionally	ADV
dem-16103	154	9	augmented	augment	VERB
dem-16103	154	10	dicky	dicky	ADJ
dem-16103	154	11	–	–	PUNCT
dem-16103	154	12	fuller	full	ADJ
dem-16103	154	13	(	(	PUNCT
dem-16103	154	14	cadf	cadf	NOUN
dem-16103	154	15	)	)	PUNCT
dem-16103	154	16	test	test	NOUN
dem-16103	154	17	and	and	CCONJ
dem-16103	154	18	is	be	AUX
dem-16103	154	19	based	base	VERB
dem-16103	154	20	on	on	ADP
dem-16103	154	21	the	the	DET
dem-16103	154	22	following	follow	VERB
dem-16103	154	23	regression	regression	NOUN
dem-16103	154	24	.	.	PUNCT
dem-16103	155	1	∆yi	∆yi	PROPN
dem-16103	155	2	,	,	PUNCT
dem-16103	155	3	t	t	X
dem-16103	155	4	=	=	PUNCT
dem-16103	155	5	αi	αi	NOUN
dem-16103	155	6	+	+	CCONJ
dem-16103	155	7	ᵖi	ᵖi	PRON
dem-16103	155	8	yi	yi	PROPN
dem-16103	155	9	,	,	PUNCT
dem-16103	155	10	t-1	t-1	PROPN
dem-16103	155	11	+	+	CCONJ
dem-16103	155	12	βoyt-1	βoyt-1	NUM
dem-16103	155	13	+	+	NUM
dem-16103	155	14	β1∆yt+	β1∆yt+	NUM
dem-16103	155	15	ϵi	ϵi	NOUN
dem-16103	155	16	,	,	PUNCT
dem-16103	155	17	t	t	PROPN
dem-16103	155	18	(	(	PUNCT
dem-16103	155	19	5	5	NUM
dem-16103	155	20	)	)	PUNCT
dem-16103	155	21	where	where	SCONJ
dem-16103	155	22	yt	yt	PROPN
dem-16103	155	23	is	be	AUX
dem-16103	155	24	the	the	DET
dem-16103	155	25	average	average	NOUN
dem-16103	155	26	of	of	ADP
dem-16103	155	27	y	y	PROPN
dem-16103	155	28	at	at	ADP
dem-16103	155	29	time	time	NOUN
dem-16103	155	30	t	t	PROPN
dem-16103	155	31	for	for	ADP
dem-16103	155	32	all	all	DET
dem-16103	155	33	n	n	PRON
dem-16103	155	34	observations	observation	NOUN
dem-16103	155	35	.	.	PUNCT
dem-16103	156	1	the	the	DET
dem-16103	156	2	presence	presence	NOUN
dem-16103	156	3	of	of	ADP
dem-16103	156	4	lagged	lag	VERB
dem-16103	156	5	cross	cross	ADJ
dem-16103	156	6	-	-	ADJ
dem-16103	156	7	sectional	sectional	ADJ
dem-16103	156	8	average	average	NOUN
dem-16103	156	9	and	and	CCONJ
dem-16103	156	10	its	its	PRON
dem-16103	156	11	first	first	ADJ
dem-16103	156	12	difference	difference	NOUN
dem-16103	156	13	accounts	account	NOUN
dem-16103	156	14	for	for	ADP
dem-16103	156	15	the	the	DET
dem-16103	156	16	crosssectional	crosssectional	ADJ
dem-16103	156	17	dependence	dependence	NOUN
dem-16103	156	18	through	through	ADP
dem-16103	156	19	a	a	DET
dem-16103	156	20	factor	factor	NOUN
dem-16103	156	21	structure	structure	NOUN
dem-16103	156	22	.	.	PUNCT
dem-16103	157	1	cadf	cadf	PROPN
dem-16103	157	2	regression	regression	NOUN
dem-16103	157	3	is	be	AUX
dem-16103	157	4	run	run	VERB
dem-16103	157	5	for	for	ADP
dem-16103	157	6	each	each	DET
dem-16103	157	7	cross	cross	ADJ
dem-16103	157	8	-	-	ADJ
dem-16103	157	9	sectional	sectional	ADJ
dem-16103	157	10	unit	unit	NOUN
dem-16103	157	11	and	and	CCONJ
dem-16103	157	12	then	then	ADV
dem-16103	157	13	average	average	ADJ
dem-16103	157	14	is	be	AUX
dem-16103	157	15	taken	take	VERB
dem-16103	157	16	over	over	ADP
dem-16103	157	17	all	all	DET
dem-16103	157	18	the	the	DET
dem-16103	157	19	cross	cross	NOUN
dem-16103	157	20	-	-	NOUN
dem-16103	157	21	sections	section	NOUN
dem-16103	157	22	(	(	PUNCT
dem-16103	157	23	similar	similar	ADJ
dem-16103	157	24	to	to	ADP
dem-16103	157	25	i	i	PRON
dem-16103	157	26	m	m	VERB
dem-16103	157	27	et	et	NOUN
dem-16103	157	28	al	al	PROPN
dem-16103	157	29	.	.	PROPN
dem-16103	157	30	2003	2003	NUM
dem-16103	157	31	)	)	PUNCT
dem-16103	157	32	and	and	CCONJ
dem-16103	157	33	the	the	DET
dem-16103	157	34	resulting	result	VERB
dem-16103	157	35	test	test	NOUN
dem-16103	157	36	statistic	statistic	NOUN
dem-16103	157	37	is	be	AUX
dem-16103	157	38	calculated	calculate	VERB
dem-16103	157	39	as	as	SCONJ
dem-16103	157	40	follows	follow	VERB
dem-16103	157	41	:	:	PUNCT
dem-16103	158	1	cips(n	cips(n	ADJ
dem-16103	158	2	,	,	PUNCT
dem-16103	158	3	t)=	t)=	NOUN
dem-16103	158	4	'	'	PUNCT
dem-16103	158	5	,	,	PUNCT
dem-16103	158	6	∑	∑	PUNCT
dem-16103	158	7	𝑡#(𝑁	𝑡#(𝑁	X
dem-16103	158	8	,	,	PUNCT
dem-16103	158	9	𝑇	𝑇	PROPN
dem-16103	158	10	)	)	PUNCT
dem-16103	158	11	,	,	PUNCT
dem-16103	158	12	#	#	PROPN
dem-16103	158	13	&	&	CCONJ
dem-16103	158	14	'	'	PUNCT
dem-16103	158	15	(	(	PUNCT
dem-16103	158	16	6	6	NUM
dem-16103	158	17	)	)	PUNCT
dem-16103	158	18	where	where	SCONJ
dem-16103	158	19	,	,	PUNCT
dem-16103	158	20	ti(n	ti(n	NOUN
dem-16103	158	21	,	,	PUNCT
dem-16103	158	22	t	t	PROPN
dem-16103	158	23	)	)	PUNCT
dem-16103	158	24	is	be	AUX
dem-16103	158	25	the	the	DET
dem-16103	158	26	statistic	statistic	NOUN
dem-16103	158	27	obtained	obtain	VERB
dem-16103	158	28	from	from	ADP
dem-16103	158	29	individual	individual	ADJ
dem-16103	158	30	cadf	cadf	NOUN
dem-16103	158	31	regression	regression	NOUN
dem-16103	158	32	of	of	ADP
dem-16103	158	33	ith	ith	PROPN
dem-16103	158	34	cross	cross	ADJ
dem-16103	158	35	-	-	ADJ
dem-16103	158	36	sectional	sectional	ADJ
dem-16103	158	37	unit	unit	NOUN
dem-16103	158	38	and	and	CCONJ
dem-16103	158	39	where	where	SCONJ
dem-16103	158	40	cips	cip	NOUN
dem-16103	158	41	stands	stand	VERB
dem-16103	158	42	for	for	ADP
dem-16103	158	43	cross	cross	PROPN
dem-16103	158	44	sectional	sectional	ADJ
dem-16103	158	45	augmented	augment	VERB
dem-16103	158	46	ips	ip	NOUN
dem-16103	158	47	(	(	PUNCT
dem-16103	158	48	i	i	NOUN
dem-16103	158	49	m	m	VERB
dem-16103	158	50	et	et	NOUN
dem-16103	158	51	al	al	PROPN
dem-16103	158	52	.	.	PROPN
dem-16103	158	53	,	,	PUNCT
dem-16103	158	54	2003	2003	NUM
dem-16103	158	55	)	)	PUNCT
dem-16103	158	56	unit	unit	NOUN
dem-16103	158	57	root	root	NOUN
dem-16103	158	58	test	test	NOUN
dem-16103	158	59	)	)	PUNCT
dem-16103	158	60	2.3	2.3	NUM
dem-16103	158	61	.	.	PUNCT
dem-16103	159	1	panel	panel	NOUN
dem-16103	159	2	cointegration	cointegration	NOUN
dem-16103	159	3	tests	test	VERB
dem-16103	159	4	long	long	ADV
dem-16103	159	5	-	-	PUNCT
dem-16103	159	6	run	run	NOUN
dem-16103	159	7	relationship	relationship	NOUN
dem-16103	159	8	between	between	ADP
dem-16103	159	9	the	the	DET
dem-16103	159	10	variables	variable	NOUN
dem-16103	159	11	after	after	SCONJ
dem-16103	159	12	unit	unit	NOUN
dem-16103	159	13	root	root	NOUN
dem-16103	159	14	is	be	AUX
dem-16103	159	15	demonstrated	demonstrate	VERB
dem-16103	159	16	with	with	ADP
dem-16103	159	17	panel	panel	NOUN
dem-16103	159	18	cointegration	cointegration	NOUN
dem-16103	159	19	tests	test	NOUN
dem-16103	159	20	.	.	PUNCT
dem-16103	160	1	the	the	DET
dem-16103	160	2	present	present	ADJ
dem-16103	160	3	study	study	NOUN
dem-16103	160	4	implemented	implement	VERB
dem-16103	160	5	pedroni	pedroni	NOUN
dem-16103	160	6	(	(	PUNCT
dem-16103	160	7	1999	1999	NUM
dem-16103	160	8	)	)	PUNCT
dem-16103	160	9	for	for	ADP
dem-16103	160	10	testing	test	VERB
dem-16103	160	11	panel	panel	NOUN
dem-16103	160	12	cointegration	cointegration	NOUN
dem-16103	160	13	for	for	ADP
dem-16103	160	14	the	the	DET
dem-16103	160	15	selected	select	VERB
dem-16103	160	16	states	state	NOUN
dem-16103	160	17	of	of	ADP
dem-16103	160	18	union	union	PROPN
dem-16103	160	19	of	of	ADP
dem-16103	160	20	india	india	PROPN
dem-16103	160	21	.	.	PUNCT
dem-16103	161	1	pedroni	pedroni	PROPN
dem-16103	161	2	(	(	PUNCT
dem-16103	161	3	1999	1999	NUM
dem-16103	161	4	)	)	PUNCT
dem-16103	161	5	cointegration	cointegration	NOUN
dem-16103	161	6	test	test	NOUN
dem-16103	161	7	is	be	AUX
dem-16103	161	8	a	a	DET
dem-16103	161	9	combination	combination	NOUN
dem-16103	161	10	of	of	ADP
dem-16103	161	11	seven	seven	NUM
dem-16103	161	12	statistics	statistic	NOUN
dem-16103	161	13	including	include	VERB
dem-16103	161	14	panel	panel	NOUN
dem-16103	161	15	v	v	NOUN
dem-16103	161	16	-	-	PUNCT
dem-16103	161	17	statistic	statistic	ADJ
dem-16103	161	18	,	,	PUNCT
dem-16103	161	19	panel	panel	NOUN
dem-16103	161	20	rho	rho	NOUN
dem-16103	161	21	-	-	NOUN
dem-16103	161	22	statistic	statistic	ADJ
dem-16103	161	23	,	,	PUNCT
dem-16103	161	24	panel	panel	NOUN
dem-16103	161	25	pp	pp	ADJ
dem-16103	161	26	-	-	PUNCT
dem-16103	161	27	statistic	statistic	NOUN
dem-16103	161	28	,	,	PUNCT
dem-16103	161	29	panel	panel	NOUN
dem-16103	161	30	adf	adf	PROPN
dem-16103	161	31	-	-	PUNCT
dem-16103	161	32	statistic	statistic	NOUN
dem-16103	161	33	,	,	PUNCT
dem-16103	161	34	group	group	NOUN
dem-16103	161	35	rho	rho	NOUN
dem-16103	161	36	-	-	NOUN
dem-16103	161	37	statistic	statistic	ADJ
dem-16103	161	38	,	,	PUNCT
dem-16103	161	39	group	group	NOUN
dem-16103	161	40	pp	pp	NOUN
dem-16103	161	41	-	-	PUNCT
dem-16103	161	42	statistic	statistic	NOUN
dem-16103	161	43	,	,	PUNCT
dem-16103	161	44	group	group	NOUN
dem-16103	161	45	adf	adf	PROPN
dem-16103	161	46	-	-	PUNCT
dem-16103	161	47	statistic	statistic	NOUN
dem-16103	161	48	.	.	PUNCT
dem-16103	162	1	these	these	DET
dem-16103	162	2	statistics	statistic	NOUN
dem-16103	162	3	are	be	AUX
dem-16103	162	4	estimated	estimate	VERB
dem-16103	162	5	on	on	ADP
dem-16103	162	6	the	the	DET
dem-16103	162	7	basis	basis	NOUN
dem-16103	162	8	of	of	ADP
dem-16103	162	9	cointegrating	cointegrate	VERB
dem-16103	162	10	regression	regression	NOUN
dem-16103	162	11	equation	equation	NOUN
dem-16103	162	12	yi	yi	PROPN
dem-16103	162	13	,	,	PUNCT
dem-16103	162	14	t	t	PROPN
dem-16103	163	1	=	=	PUNCT
dem-16103	163	2	β0	β0	PROPN
dem-16103	163	3	+	+	CCONJ
dem-16103	163	4	β	β	X
dem-16103	163	5	1i	1i	NOUN
dem-16103	163	6	x	x	SYM
dem-16103	163	7	1i	1i	NOUN
dem-16103	163	8	,	,	PUNCT
dem-16103	163	9	t	t	PROPN
dem-16103	163	10	+	+	CCONJ
dem-16103	163	11	…	…	PUNCT
dem-16103	164	1	+	+	CCONJ
dem-16103	164	2	β	β	PROPN
dem-16103	164	3	ni	ni	PROPN
dem-16103	164	4	xni	xni	PROPN
dem-16103	164	5	,	,	PUNCT
dem-16103	164	6	t	t	PROPN
dem-16103	164	7	+	+	CCONJ
dem-16103	164	8	ei	ei	PROPN
dem-16103	164	9	,	,	PUNCT
dem-16103	164	10	t	t	PROPN
dem-16103	164	11	,	,	PUNCT
dem-16103	164	12	(	(	PUNCT
dem-16103	164	13	7	7	X
dem-16103	164	14	)	)	PUNCT
dem-16103	164	15	t=	t=	NOUN
dem-16103	164	16	1,	1,	NUM
dem-16103	164	17	…	…	PUNCT
dem-16103	164	18	,t	,t	PUNCT
dem-16103	164	19	;	;	PUNCT
dem-16103	164	20	i	i	NOUN
dem-16103	164	21	=	=	NOUN
dem-16103	164	22	1	1	NUM
dem-16103	164	23	,	,	PUNCT
dem-16103	164	24	…	…	PUNCT
dem-16103	164	25	,	,	PUNCT
dem-16103	164	26	s	s	VERB
dem-16103	164	27	where	where	SCONJ
dem-16103	164	28	,	,	PUNCT
dem-16103	164	29	t	t	PROPN
dem-16103	164	30	is	be	AUX
dem-16103	164	31	the	the	DET
dem-16103	164	32	number	number	NOUN
dem-16103	164	33	of	of	ADP
dem-16103	164	34	observations	observation	NOUN
dem-16103	164	35	over	over	ADP
dem-16103	164	36	time	time	NOUN
dem-16103	164	37	,	,	PUNCT
dem-16103	164	38	s	s	PART
dem-16103	164	39	denotes	denote	NOUN
dem-16103	164	40	the	the	DET
dem-16103	164	41	number	number	NOUN
dem-16103	164	42	of	of	ADP
dem-16103	164	43	individual	individual	ADJ
dem-16103	164	44	members	member	NOUN
dem-16103	164	45	in	in	ADP
dem-16103	164	46	the	the	DET
dem-16103	164	47	panel	panel	NOUN
dem-16103	164	48	,	,	PUNCT
dem-16103	164	49	and	and	CCONJ
dem-16103	164	50	n	n	PRON
dem-16103	164	51	is	be	AUX
dem-16103	164	52	the	the	DET
dem-16103	164	53	number	number	NOUN
dem-16103	164	54	of	of	ADP
dem-16103	164	55	independent	independent	ADJ
dem-16103	164	56	variables	variable	NOUN
dem-16103	164	57	.	.	PUNCT
dem-16103	165	1	it	it	PRON
dem-16103	165	2	is	be	AUX
dem-16103	165	3	assumed	assume	VERB
dem-16103	165	4	here	here	ADV
dem-16103	165	5	that	that	SCONJ
dem-16103	165	6	the	the	DET
dem-16103	165	7	slope	slope	NOUN
dem-16103	165	8	coefficients	coefficient	NOUN
dem-16103	165	9	,	,	PUNCT
dem-16103	165	10	β1i	β1i	X
dem-16103	165	11	,	,	PUNCT
dem-16103	165	12	..	..	PUNCT
dem-16103	165	13	,	,	PUNCT
dem-16103	165	14	βni	βni	NOUN
dem-16103	165	15	and	and	CCONJ
dem-16103	165	16	the	the	DET
dem-16103	165	17	member	member	NOUN
dem-16103	165	18	dynamics	dynamic	NOUN
dem-16103	165	19	of	of	ADP
dem-16103	165	20	financial	financial	ADJ
dem-16103	165	21	development	development	NOUN
dem-16103	165	22	and	and	CCONJ
dem-16103	165	23	economic	economic	ADJ
dem-16103	165	24	growth	growth	NOUN
dem-16103	165	25	:	:	PUNCT
dem-16103	165	26	panel	panel	NOUN
dem-16103	165	27	data	data	VERB
dem-16103	165	28	analysis	analysis	NOUN
dem-16103	165	29	…	…	SYM
dem-16103	165	30	dynamic	dynamic	ADJ
dem-16103	165	31	econometric	econometric	ADJ
dem-16103	165	32	models	model	NOUN
dem-16103	165	33	18	18	NUM
dem-16103	165	34	(	(	PUNCT
dem-16103	165	35	2018	2018	NUM
dem-16103	165	36	)	)	PUNCT
dem-16103	165	37	5–34	5–34	NOUN
dem-16103	165	38	17	17	NUM
dem-16103	165	39	specific	specific	ADJ
dem-16103	165	40	intercept	intercept	NOUN
dem-16103	165	41	β0	β0	NOUN
dem-16103	165	42	can	can	AUX
dem-16103	165	43	vary	vary	VERB
dem-16103	165	44	across	across	ADP
dem-16103	165	45	each	each	DET
dem-16103	165	46	cross	cross	NOUN
dem-16103	165	47	-	-	NOUN
dem-16103	165	48	section	section	NOUN
dem-16103	165	49	.	.	PUNCT
dem-16103	166	1	to	to	PART
dem-16103	166	2	compute	compute	VERB
dem-16103	166	3	the	the	DET
dem-16103	166	4	appropriate	appropriate	ADJ
dem-16103	166	5	panel	panel	NOUN
dem-16103	166	6	cointegration	cointegration	NOUN
dem-16103	166	7	test	test	NOUN
dem-16103	166	8	statistics	statistic	NOUN
dem-16103	166	9	,	,	PUNCT
dem-16103	166	10	the	the	DET
dem-16103	166	11	cointegration	cointegration	NOUN
dem-16103	166	12	regression	regression	NOUN
dem-16103	166	13	in	in	ADP
dem-16103	166	14	(	(	PUNCT
dem-16103	166	15	7	7	NUM
dem-16103	166	16	)	)	PUNCT
dem-16103	166	17	is	be	AUX
dem-16103	166	18	estimated	estimate	VERB
dem-16103	166	19	by	by	ADP
dem-16103	166	20	applying	apply	VERB
dem-16103	166	21	ols	ol	NOUN
dem-16103	166	22	for	for	ADP
dem-16103	166	23	each	each	DET
dem-16103	166	24	cross	cross	NOUN
dem-16103	166	25	-	-	NOUN
dem-16103	166	26	section	section	NOUN
dem-16103	166	27	(	(	PUNCT
dem-16103	166	28	orsal	orsal	NOUN
dem-16103	166	29	,	,	PUNCT
dem-16103	166	30	2007	2007	NUM
dem-16103	166	31	)	)	PUNCT
dem-16103	166	32	.	.	PUNCT
dem-16103	167	1	secondly	secondly	ADV
dem-16103	167	2	,	,	PUNCT
dem-16103	167	3	the	the	DET
dem-16103	167	4	present	present	ADJ
dem-16103	167	5	study	study	NOUN
dem-16103	167	6	also	also	ADV
dem-16103	167	7	utilised	utilise	VERB
dem-16103	167	8	the	the	DET
dem-16103	167	9	four	four	NUM
dem-16103	167	10	panel	panel	NOUN
dem-16103	167	11	cointegration	cointegration	NOUN
dem-16103	167	12	tests	test	NOUN
dem-16103	167	13	of	of	ADP
dem-16103	167	14	westerlund	westerlund	NOUN
dem-16103	167	15	(	(	PUNCT
dem-16103	167	16	2007	2007	NUM
dem-16103	167	17	)	)	PUNCT
dem-16103	167	18	which	which	PRON
dem-16103	167	19	having	have	VERB
dem-16103	167	20	sufficient	sufficient	ADJ
dem-16103	167	21	sample	sample	NOUN
dem-16103	167	22	properties	property	NOUN
dem-16103	167	23	and	and	CCONJ
dem-16103	167	24	high	high	ADJ
dem-16103	167	25	power	power	NOUN
dem-16103	167	26	relative	relative	ADJ
dem-16103	167	27	to	to	ADP
dem-16103	167	28	popular	popular	ADJ
dem-16103	167	29	panel	panel	NOUN
dem-16103	167	30	cointegration	cointegration	NOUN
dem-16103	167	31	tests	test	NOUN
dem-16103	167	32	(	(	PUNCT
dem-16103	167	33	e.g.	e.g.	ADV
dem-16103	167	34	pedroni	pedroni	NOUN
dem-16103	167	35	,	,	PUNCT
dem-16103	167	36	2004	2004	NUM
dem-16103	167	37	)	)	PUNCT
dem-16103	167	38	and	and	CCONJ
dem-16103	167	39	is	be	AUX
dem-16103	167	40	also	also	ADV
dem-16103	167	41	applicable	applicable	ADJ
dem-16103	167	42	in	in	ADP
dem-16103	167	43	the	the	DET
dem-16103	167	44	situation	situation	NOUN
dem-16103	167	45	of	of	ADP
dem-16103	167	46	cross	cross	ADJ
dem-16103	167	47	-	-	ADJ
dem-16103	167	48	section	section	ADJ
dem-16103	167	49	dependencies	dependency	NOUN
dem-16103	167	50	between	between	ADP
dem-16103	167	51	the	the	DET
dem-16103	167	52	data	datum	NOUN
dem-16103	167	53	.	.	PUNCT
dem-16103	168	1	2.4	2.4	NUM
dem-16103	168	2	.	.	PUNCT
dem-16103	168	3	dynamic	dynamic	ADJ
dem-16103	168	4	panel	panel	NOUN
dem-16103	168	5	causality	causality	NOUN
dem-16103	168	6	and	and	CCONJ
dem-16103	168	7	long	long	ADJ
dem-16103	168	8	-	-	PUNCT
dem-16103	168	9	term	term	NOUN
dem-16103	168	10	relationships	relationship	NOUN
dem-16103	168	11	pedronis	pedronis	NOUN
dem-16103	168	12	’	'	PUNCT
dem-16103	168	13	heterogeneous	heterogeneous	ADJ
dem-16103	168	14	panel	panel	NOUN
dem-16103	168	15	cointegration	cointegration	NOUN
dem-16103	168	16	tests	test	NOUN
dem-16103	168	17	are	be	AUX
dem-16103	168	18	only	only	ADV
dem-16103	168	19	able	able	ADJ
dem-16103	168	20	to	to	PART
dem-16103	168	21	specify	specify	VERB
dem-16103	168	22	whether	whether	SCONJ
dem-16103	168	23	the	the	DET
dem-16103	168	24	variables	variable	NOUN
dem-16103	168	25	are	be	AUX
dem-16103	168	26	cointegrated	cointegrate	VERB
dem-16103	168	27	and	and	CCONJ
dem-16103	168	28	if	if	SCONJ
dem-16103	168	29	a	a	DET
dem-16103	168	30	long	long	ADV
dem-16103	168	31	-	-	PUNCT
dem-16103	168	32	run	run	NOUN
dem-16103	168	33	relationship	relationship	NOUN
dem-16103	168	34	exists	exist	VERB
dem-16103	168	35	between	between	ADP
dem-16103	168	36	them	they	PRON
dem-16103	168	37	.	.	PUNCT
dem-16103	169	1	since	since	SCONJ
dem-16103	169	2	,	,	PUNCT
dem-16103	169	3	the	the	DET
dem-16103	169	4	mentioned	mention	VERB
dem-16103	169	5	model	model	NOUN
dem-16103	169	6	does	do	AUX
dem-16103	169	7	not	not	PART
dem-16103	169	8	indicate	indicate	VERB
dem-16103	169	9	the	the	DET
dem-16103	169	10	direction	direction	NOUN
dem-16103	169	11	of	of	ADP
dem-16103	169	12	causality	causality	NOUN
dem-16103	169	13	,	,	PUNCT
dem-16103	169	14	the	the	DET
dem-16103	169	15	present	present	ADJ
dem-16103	169	16	study	study	NOUN
dem-16103	169	17	estimated	estimate	VERB
dem-16103	169	18	the	the	DET
dem-16103	169	19	two	two	NUM
dem-16103	169	20	-	-	PUNCT
dem-16103	169	21	step	step	NOUN
dem-16103	169	22	panel	panel	NOUN
dem-16103	169	23	-	-	PUNCT
dem-16103	169	24	based	base	VERB
dem-16103	169	25	vector	vector	NOUN
dem-16103	169	26	error	error	NOUN
dem-16103	169	27	correction	correction	NOUN
dem-16103	169	28	model	model	NOUN
dem-16103	169	29	(	(	PUNCT
dem-16103	169	30	vecm	vecm	NOUN
dem-16103	169	31	)	)	PUNCT
dem-16103	169	32	proposed	propose	VERB
dem-16103	169	33	by	by	ADP
dem-16103	169	34	engle	engle	PROPN
dem-16103	169	35	and	and	CCONJ
dem-16103	169	36	granger	granger	PROPN
dem-16103	169	37	(	(	PUNCT
dem-16103	169	38	1987	1987	NUM
dem-16103	169	39	)	)	PUNCT
dem-16103	169	40	and	and	CCONJ
dem-16103	169	41	uses	use	VERB
dem-16103	169	42	it	it	PRON
dem-16103	169	43	to	to	PART
dem-16103	169	44	conduct	conduct	VERB
dem-16103	169	45	causality	causality	NOUN
dem-16103	169	46	test	test	NOUN
dem-16103	169	47	on	on	ADP
dem-16103	169	48	the	the	DET
dem-16103	169	49	financial	financial	ADJ
dem-16103	169	50	development	development	NOUN
dem-16103	169	51	and	and	CCONJ
dem-16103	169	52	economic	economic	ADJ
dem-16103	169	53	growth	growth	NOUN
dem-16103	169	54	relationship	relationship	NOUN
dem-16103	169	55	for	for	ADP
dem-16103	169	56	the	the	DET
dem-16103	169	57	specified	specified	ADJ
dem-16103	169	58	data	datum	NOUN
dem-16103	169	59	of	of	ADP
dem-16103	169	60	the	the	DET
dem-16103	169	61	study	study	NOUN
dem-16103	169	62	.	.	PUNCT
dem-16103	170	1	to	to	PART
dem-16103	170	2	identify	identify	VERB
dem-16103	170	3	the	the	DET
dem-16103	170	4	cointegration	cointegration	NOUN
dem-16103	170	5	relationship	relationship	NOUN
dem-16103	170	6	,	,	PUNCT
dem-16103	170	7	consider	consider	VERB
dem-16103	170	8	a	a	DET
dem-16103	170	9	two	two	NUM
dem-16103	170	10	variable	variable	ADJ
dem-16103	170	11	system	system	NOUN
dem-16103	170	12	equation	equation	NOUN
dem-16103	170	13	:	:	PUNCT
dem-16103	171	1	y	y	NOUN
dem-16103	171	2	it	it	PRON
dem-16103	172	1	=	=	NOUN
dem-16103	172	2	β	β	X
dem-16103	172	3	xi	xi	X
dem-16103	172	4	t	t	PROPN
dem-16103	172	5	where	where	SCONJ
dem-16103	172	6	,	,	PUNCT
dem-16103	172	7	y	y	PROPN
dem-16103	172	8	and	and	CCONJ
dem-16103	172	9	x	x	NOUN
dem-16103	172	10	are	be	AUX
dem-16103	172	11	two	two	NUM
dem-16103	172	12	variables	variable	NOUN
dem-16103	172	13	of	of	ADP
dem-16103	172	14	interest	interest	NOUN
dem-16103	172	15	,	,	PUNCT
dem-16103	172	16	t	t	PROPN
dem-16103	172	17	is	be	AUX
dem-16103	172	18	the	the	DET
dem-16103	172	19	time	time	NOUN
dem-16103	172	20	period	period	NOUN
dem-16103	173	1	and	and	CCONJ
dem-16103	173	2	i	i	PRON
dem-16103	173	3	is	be	AUX
dem-16103	173	4	the	the	DET
dem-16103	173	5	number	number	NOUN
dem-16103	173	6	of	of	ADP
dem-16103	173	7	cross	cross	NOUN
dem-16103	173	8	sections	section	NOUN
dem-16103	173	9	.	.	PUNCT
dem-16103	174	1	the	the	DET
dem-16103	174	2	corresponding	correspond	VERB
dem-16103	174	3	panel	panel	NOUN
dem-16103	174	4	vec	vec	PROPN
dem-16103	174	5	model	model	PROPN
dem-16103	174	6	is	be	AUX
dem-16103	174	7	:	:	PUNCT
dem-16103	174	8	∆yit	∆yit	PROPN
dem-16103	174	9	=	=	SYM
dem-16103	174	10	β1j	β1j	PUNCT
dem-16103	174	11	+	+	ADJ
dem-16103	174	12	∑	∑	PROPN
dem-16103	174	13	𝛼'#3	𝛼'#3	ADJ
dem-16103	174	14	%	%	NOUN
dem-16103	174	15	3	3	NUM
dem-16103	174	16	&	&	CCONJ
dem-16103	174	17	'	'	PUNCT
dem-16103	174	18	∆𝑌#673+∑	∆𝑌#673+∑	PROPN
dem-16103	174	19	𝜂'#3	𝜂'#3	PROPN
dem-16103	174	20	9	9	NUM
dem-16103	174	21	3	3	NUM
dem-16103	174	22	&	&	CCONJ
dem-16103	174	23	'	'	PUNCT
dem-16103	174	24	∆𝑋#673	∆𝑋#673	PROPN
dem-16103	174	25	+	+	CCONJ
dem-16103	174	26	λect1it-1	λect1it-1	PROPN
dem-16103	174	27	(	(	PUNCT
dem-16103	174	28	8)	8)	NUM
dem-16103	174	29	∆xit	∆xit	NOUN
dem-16103	174	30	=	=	PUNCT
dem-16103	175	1	β2j	β2j	PUNCT
dem-16103	175	2	+	+	ADJ
dem-16103	175	3	∑	∑	PROPN
dem-16103	175	4	𝛼;#3	𝛼;#3	NUM
dem-16103	175	5	%	%	NOUN
dem-16103	175	6	3	3	NUM
dem-16103	175	7	&	&	CCONJ
dem-16103	175	8	'	'	PUNCT
dem-16103	175	9	∆𝑋#673+∑	∆𝑋#673+∑	PROPN
dem-16103	175	10	𝜂;#3	𝜂;#3	NUM
dem-16103	175	11	9	9	NUM
dem-16103	175	12	3	3	NUM
dem-16103	175	13	&	&	CCONJ
dem-16103	175	14	'	'	PUNCT
dem-16103	175	15	∆𝑌#673	∆𝑌#673	PROPN
dem-16103	175	16	+	+	CCONJ
dem-16103	175	17	λect2it-1	λect2it-1	PROPN
dem-16103	175	18	(	(	PUNCT
dem-16103	175	19	9	9	NUM
dem-16103	175	20	)	)	PUNCT
dem-16103	175	21	where	where	SCONJ
dem-16103	175	22	,	,	PUNCT
dem-16103	175	23	δ	δ	PROPN
dem-16103	175	24	is	be	AUX
dem-16103	175	25	a	a	DET
dem-16103	175	26	first	first	ADJ
dem-16103	175	27	-	-	PUNCT
dem-16103	175	28	difference	difference	NOUN
dem-16103	175	29	operator	operator	NOUN
dem-16103	175	30	applied	apply	VERB
dem-16103	175	31	to	to	ADP
dem-16103	175	32	the	the	DET
dem-16103	175	33	variables	variable	NOUN
dem-16103	175	34	;	;	PUNCT
dem-16103	175	35	p	p	NOUN
dem-16103	175	36	and	and	CCONJ
dem-16103	175	37	q	q	NOUN
dem-16103	175	38	are	be	AUX
dem-16103	175	39	the	the	DET
dem-16103	175	40	lag	lag	NOUN
dem-16103	175	41	lengths	length	NOUN
dem-16103	175	42	;	;	PUNCT
dem-16103	175	43	i	i	PRON
dem-16103	175	44	represents	represent	VERB
dem-16103	175	45	state	state	NOUN
dem-16103	175	46	i	i	PRON
dem-16103	175	47	in	in	ADP
dem-16103	175	48	the	the	DET
dem-16103	175	49	panel	panel	NOUN
dem-16103	175	50	(	(	PUNCT
dem-16103	175	51	i	i	NOUN
dem-16103	175	52	=	=	NOUN
dem-16103	175	53	1	1	NUM
dem-16103	175	54	,	,	PUNCT
dem-16103	175	55	2	2	NUM
dem-16103	175	56	…	…	NUM
dem-16103	175	57	.	.	NUM
dem-16103	175	58	,	,	PUNCT
dem-16103	175	59	n	n	CCONJ
dem-16103	175	60	)	)	PUNCT
dem-16103	175	61	;	;	PUNCT
dem-16103	175	62	t	t	PROPN
dem-16103	175	63	denotes	denote	VERB
dem-16103	175	64	the	the	DET
dem-16103	175	65	year	year	NOUN
dem-16103	175	66	in	in	ADP
dem-16103	175	67	the	the	DET
dem-16103	175	68	panel	panel	NOUN
dem-16103	175	69	(	(	PUNCT
dem-16103	175	70	t	t	NOUN
dem-16103	175	71	=	=	SYM
dem-16103	175	72	1	1	NUM
dem-16103	175	73	,	,	PUNCT
dem-16103	175	74	2	2	NUM
dem-16103	175	75	,	,	PUNCT
dem-16103	175	76	…	…	PUNCT
dem-16103	175	77	.	.	PROPN
dem-16103	175	78	,	,	PUNCT
dem-16103	175	79	t	t	PROPN
dem-16103	175	80	)	)	PUNCT
dem-16103	175	81	;	;	PUNCT
dem-16103	175	82	y	y	PROPN
dem-16103	175	83	and	and	CCONJ
dem-16103	175	84	x	x	NOUN
dem-16103	175	85	are	be	AUX
dem-16103	175	86	the	the	DET
dem-16103	175	87	variable	variable	NOUN
dem-16103	175	88	of	of	ADP
dem-16103	175	89	interest	interest	NOUN
dem-16103	175	90	;	;	PUNCT
dem-16103	175	91	ect	ect	X
dem-16103	175	92	is	be	AUX
dem-16103	175	93	error	error	NOUN
dem-16103	175	94	correction	correction	NOUN
dem-16103	175	95	term	term	NOUN
dem-16103	175	96	which	which	PRON
dem-16103	175	97	is	be	AUX
dem-16103	175	98	derived	derive	VERB
dem-16103	175	99	from	from	ADP
dem-16103	175	100	the	the	DET
dem-16103	175	101	cointegration	cointegration	NOUN
dem-16103	175	102	equation	equation	NOUN
dem-16103	175	103	.	.	PUNCT
dem-16103	176	1	the	the	DET
dem-16103	176	2	present	present	ADJ
dem-16103	176	3	study	study	NOUN
dem-16103	176	4	estimated	estimate	VERB
dem-16103	176	5	the	the	DET
dem-16103	176	6	long	long	ADV
dem-16103	176	7	-	-	PUNCT
dem-16103	176	8	run	run	VERB
dem-16103	176	9	equilibrium	equilibrium	NOUN
dem-16103	176	10	relationship	relationship	NOUN
dem-16103	176	11	given	give	VERB
dem-16103	176	12	by	by	ADP
dem-16103	176	13	the	the	DET
dem-16103	176	14	lagged	lag	VERB
dem-16103	176	15	error	error	NOUN
dem-16103	176	16	correction	correction	NOUN
dem-16103	176	17	term	term	NOUN
dem-16103	176	18	(	(	PUNCT
dem-16103	176	19	ect	ect	NOUN
dem-16103	176	20	)	)	PUNCT
dem-16103	176	21	,	,	PUNCT
dem-16103	176	22	which	which	PRON
dem-16103	176	23	is	be	AUX
dem-16103	176	24	a	a	DET
dem-16103	176	25	measure	measure	NOUN
dem-16103	176	26	of	of	ADP
dem-16103	176	27	the	the	DET
dem-16103	176	28	extent	extent	NOUN
dem-16103	176	29	by	by	ADP
dem-16103	176	30	which	which	PRON
dem-16103	176	31	the	the	DET
dem-16103	176	32	observed	observed	ADJ
dem-16103	176	33	values	value	NOUN
dem-16103	176	34	in	in	ADP
dem-16103	176	35	time	time	NOUN
dem-16103	176	36	t-1	t-1	PROPN
dem-16103	176	37	deviate	deviate	VERB
dem-16103	176	38	from	from	ADP
dem-16103	176	39	the	the	DET
dem-16103	176	40	long	long	ADV
dem-16103	176	41	-	-	PUNCT
dem-16103	176	42	run	run	VERB
dem-16103	176	43	equilibrium	equilibrium	NOUN
dem-16103	176	44	relationship	relationship	NOUN
dem-16103	176	45	and	and	CCONJ
dem-16103	176	46	in	in	ADP
dem-16103	176	47	case	case	NOUN
dem-16103	176	48	the	the	DET
dem-16103	176	49	variables	variable	NOUN
dem-16103	176	50	are	be	AUX
dem-16103	176	51	cointegrated	cointegrate	VERB
dem-16103	176	52	any	any	DET
dem-16103	176	53	such	such	ADJ
dem-16103	176	54	deviation	deviation	NOUN
dem-16103	176	55	at	at	ADP
dem-16103	176	56	time	time	NOUN
dem-16103	176	57	t-1	t-1	PROPN
dem-16103	176	58	should	should	AUX
dem-16103	176	59	make	make	VERB
dem-16103	176	60	alterations	alteration	NOUN
dem-16103	176	61	in	in	ADP
dem-16103	176	62	the	the	DET
dem-16103	176	63	values	value	NOUN
dem-16103	176	64	of	of	ADP
dem-16103	176	65	the	the	DET
dem-16103	176	66	variables	variable	NOUN
dem-16103	176	67	in	in	ADP
dem-16103	176	68	the	the	DET
dem-16103	176	69	next	next	ADJ
dem-16103	176	70	time	time	NOUN
dem-16103	176	71	point	point	NOUN
dem-16103	176	72	in	in	ADP
dem-16103	176	73	an	an	DET
dem-16103	176	74	effort	effort	NOUN
dem-16103	176	75	to	to	PART
dem-16103	176	76	force	force	VERB
dem-16103	176	77	the	the	DET
dem-16103	176	78	variables	variable	NOUN
dem-16103	176	79	back	back	ADV
dem-16103	176	80	to	to	ADP
dem-16103	176	81	the	the	DET
dem-16103	176	82	long	long	ADV
dem-16103	176	83	-	-	PUNCT
dem-16103	176	84	run	run	VERB
dem-16103	176	85	equilibrium	equilibrium	NOUN
dem-16103	176	86	relationship	relationship	NOUN
dem-16103	176	87	(	(	PUNCT
dem-16103	176	88	ageliki	ageliki	PROPN
dem-16103	176	89	et	et	PROPN
dem-16103	176	90	al	al	PROPN
dem-16103	176	91	.	.	PROPN
dem-16103	176	92	,	,	PUNCT
dem-16103	176	93	2013	2013	NUM
dem-16103	176	94	)	)	PUNCT
dem-16103	176	95	.	.	PUNCT
dem-16103	177	1	shravani	shravani	PROPN
dem-16103	177	2	sharma	sharma	PROPN
dem-16103	177	3	and	and	CCONJ
dem-16103	177	4	supran	supran	PROPN
dem-16103	177	5	kumar	kumar	PROPN
dem-16103	177	6	dynamic	dynamic	PROPN
dem-16103	177	7	econometric	econometric	ADJ
dem-16103	177	8	models	model	NOUN
dem-16103	177	9	18	18	NUM
dem-16103	177	10	(	(	PUNCT
dem-16103	177	11	2018	2018	NUM
dem-16103	177	12	)	)	PUNCT
dem-16103	177	13	5–34	5–34	NOUN
dem-16103	177	14	18	18	NUM
dem-16103	177	15	3	3	NUM
dem-16103	177	16	.	.	PUNCT
dem-16103	177	17	results	result	NOUN
dem-16103	177	18	and	and	CCONJ
dem-16103	177	19	discussion	discussion	NOUN
dem-16103	177	20	to	to	PART
dem-16103	177	21	study	study	VERB
dem-16103	177	22	the	the	DET
dem-16103	177	23	casual	casual	ADJ
dem-16103	177	24	relationship	relationship	NOUN
dem-16103	177	25	among	among	ADP
dem-16103	177	26	different	different	ADJ
dem-16103	177	27	indicators	indicator	NOUN
dem-16103	177	28	of	of	ADP
dem-16103	177	29	financial	financial	ADJ
dem-16103	177	30	development	development	NOUN
dem-16103	177	31	and	and	CCONJ
dem-16103	177	32	economic	economic	ADJ
dem-16103	177	33	growth	growth	NOUN
dem-16103	177	34	,	,	PUNCT
dem-16103	177	35	panel	panel	NOUN
dem-16103	177	36	vecm	vecm	NOUN
dem-16103	177	37	is	be	AUX
dem-16103	177	38	implemented	implement	VERB
dem-16103	177	39	in	in	ADP
dem-16103	177	40	the	the	DET
dem-16103	177	41	present	present	ADJ
dem-16103	177	42	study	study	NOUN
dem-16103	177	43	.	.	PUNCT
dem-16103	178	1	however	however	ADV
dem-16103	178	2	,	,	PUNCT
dem-16103	178	3	before	before	ADP
dem-16103	178	4	testing	test	VERB
dem-16103	178	5	the	the	DET
dem-16103	178	6	extent	extent	NOUN
dem-16103	178	7	and	and	CCONJ
dem-16103	178	8	pattern	pattern	NOUN
dem-16103	178	9	of	of	ADP
dem-16103	178	10	causality	causality	NOUN
dem-16103	178	11	,	,	PUNCT
dem-16103	178	12	the	the	DET
dem-16103	178	13	data	data	NOUN
dem-16103	178	14	-	-	PUNCT
dem-16103	178	15	set	set	NOUN
dem-16103	178	16	is	be	AUX
dem-16103	178	17	tested	test	VERB
dem-16103	178	18	for	for	ADP
dem-16103	178	19	cross	cross	ADJ
dem-16103	178	20	-	-	ADJ
dem-16103	178	21	sectional	sectional	ADJ
dem-16103	178	22	dependence	dependence	NOUN
dem-16103	178	23	and	and	CCONJ
dem-16103	178	24	stationarity	stationarity	NOUN
dem-16103	178	25	.	.	PUNCT
dem-16103	179	1	the	the	DET
dem-16103	179	2	present	present	ADJ
dem-16103	179	3	study	study	NOUN
dem-16103	179	4	examined	examine	VERB
dem-16103	179	5	the	the	DET
dem-16103	179	6	cross	cross	ADJ
dem-16103	179	7	-	-	ADJ
dem-16103	179	8	sectional	sectional	ADJ
dem-16103	179	9	independence	independence	NOUN
dem-16103	179	10	using	use	VERB
dem-16103	179	11	friedman	friedman	PROPN
dem-16103	179	12	test	test	NOUN
dem-16103	179	13	(	(	PUNCT
dem-16103	179	14	pala	pala	NOUN
dem-16103	179	15	,	,	PUNCT
dem-16103	179	16	2016	2016	NUM
dem-16103	179	17	)	)	PUNCT
dem-16103	179	18	having	have	VERB
dem-16103	179	19	null	null	ADJ
dem-16103	179	20	hypothesis	hypothesis	NOUN
dem-16103	179	21	of	of	ADP
dem-16103	179	22	no	no	DET
dem-16103	179	23	cross	cross	ADJ
dem-16103	179	24	-	-	ADJ
dem-16103	179	25	section	section	ADJ
dem-16103	179	26	independence	independence	NOUN
dem-16103	179	27	.	.	PUNCT
dem-16103	180	1	the	the	DET
dem-16103	180	2	test	test	NOUN
dem-16103	180	3	is	be	AUX
dem-16103	180	4	beneficial	beneficial	ADJ
dem-16103	180	5	for	for	SCONJ
dem-16103	180	6	the	the	DET
dem-16103	180	7	panel	panel	NOUN
dem-16103	180	8	having	have	VERB
dem-16103	180	9	small	small	ADJ
dem-16103	180	10	time	time	NOUN
dem-16103	180	11	period	period	NOUN
dem-16103	180	12	and	and	CCONJ
dem-16103	180	13	large	large	ADJ
dem-16103	180	14	crosssection	crosssection	NOUN
dem-16103	180	15	.	.	PUNCT
dem-16103	181	1	the	the	DET
dem-16103	181	2	test	test	NOUN
dem-16103	181	3	is	be	AUX
dem-16103	181	4	a	a	DET
dem-16103	181	5	non	non	ADJ
dem-16103	181	6	-	-	ADJ
dem-16103	181	7	parametric	parametric	ADJ
dem-16103	181	8	in	in	ADP
dem-16103	181	9	nature	nature	NOUN
dem-16103	181	10	where	where	SCONJ
dem-16103	181	11	spearman	spearman	NOUN
dem-16103	181	12	’s	’s	PART
dem-16103	181	13	rank	rank	NOUN
dem-16103	181	14	correlation	correlation	NOUN
dem-16103	181	15	coefficient	coefficient	NOUN
dem-16103	181	16	is	be	AUX
dem-16103	181	17	used	use	VERB
dem-16103	181	18	to	to	PART
dem-16103	181	19	estimates	estimate	VERB
dem-16103	181	20	the	the	DET
dem-16103	181	21	cross	cross	ADJ
dem-16103	181	22	-	-	ADJ
dem-16103	181	23	sectional	sectional	ADJ
dem-16103	181	24	dependency	dependency	NOUN
dem-16103	181	25	for	for	ADP
dem-16103	181	26	the	the	DET
dem-16103	181	27	estimates	estimate	NOUN
dem-16103	181	28	.	.	PUNCT
dem-16103	182	1	table	table	NOUN
dem-16103	182	2	2	2	NUM
dem-16103	182	3	reveals	reveal	VERB
dem-16103	182	4	that	that	SCONJ
dem-16103	182	5	friedman	friedman	PROPN
dem-16103	182	6	test	test	NOUN
dem-16103	182	7	-	-	PUNCT
dem-16103	182	8	statistic	statistic	NOUN
dem-16103	182	9	is	be	AUX
dem-16103	182	10	highly	highly	ADV
dem-16103	182	11	significant	significant	ADJ
dem-16103	182	12	for	for	ADP
dem-16103	182	13	economic	economic	ADJ
dem-16103	182	14	growth	growth	NOUN
dem-16103	182	15	and	and	CCONJ
dem-16103	182	16	measures	measure	NOUN
dem-16103	182	17	of	of	ADP
dem-16103	182	18	financial	financial	ADJ
dem-16103	182	19	development	development	NOUN
dem-16103	182	20	.	.	PUNCT
dem-16103	183	1	hence	hence	ADV
dem-16103	183	2	,	,	PUNCT
dem-16103	183	3	evidence	evidence	NOUN
dem-16103	183	4	of	of	ADP
dem-16103	183	5	cross	cross	ADJ
dem-16103	183	6	-	-	ADJ
dem-16103	183	7	sectional	sectional	ADJ
dem-16103	183	8	dependence	dependence	NOUN
dem-16103	183	9	in	in	ADP
dem-16103	183	10	the	the	DET
dem-16103	183	11	data	data	NOUN
dem-16103	183	12	-	-	PUNCT
dem-16103	183	13	series	series	NOUN
dem-16103	183	14	indicates	indicate	VERB
dem-16103	183	15	that	that	SCONJ
dem-16103	183	16	indian	indian	ADJ
dem-16103	183	17	states	state	NOUN
dem-16103	183	18	for	for	ADP
dem-16103	183	19	these	these	DET
dem-16103	183	20	relevant	relevant	ADJ
dem-16103	183	21	indicators	indicator	NOUN
dem-16103	183	22	are	be	AUX
dem-16103	183	23	cross	cross	ADJ
dem-16103	183	24	-	-	ADJ
dem-16103	183	25	sectionally	sectionally	ADV
dem-16103	183	26	dependent	dependent	ADJ
dem-16103	183	27	or	or	CCONJ
dem-16103	183	28	correlated	correlate	VERB
dem-16103	183	29	due	due	ADP
dem-16103	183	30	to	to	ADP
dem-16103	183	31	various	various	ADJ
dem-16103	183	32	observed	observe	VERB
dem-16103	183	33	and	and	CCONJ
dem-16103	183	34	unobserved	unobserved	ADJ
dem-16103	183	35	common	common	ADJ
dem-16103	183	36	factors	factor	NOUN
dem-16103	183	37	(	(	PUNCT
dem-16103	183	38	sharma	sharma	PROPN
dem-16103	183	39	and	and	CCONJ
dem-16103	183	40	bardhan	bardhan	ADV
dem-16103	183	41	,	,	PUNCT
dem-16103	183	42	2016	2016	NUM
dem-16103	183	43	;	;	PUNCT
dem-16103	183	44	mishra	mishra	PROPN
dem-16103	183	45	and	and	CCONJ
dem-16103	183	46	mishra	mishra	PROPN
dem-16103	183	47	,	,	PUNCT
dem-16103	183	48	2014	2014	NUM
dem-16103	183	49	)	)	PUNCT
dem-16103	183	50	.	.	PUNCT
dem-16103	184	1	table	table	NOUN
dem-16103	184	2	2	2	NUM
dem-16103	184	3	.	.	X
dem-16103	185	1	cross	cross	ADJ
dem-16103	185	2	-	-	ADJ
dem-16103	185	3	sectional	sectional	ADJ
dem-16103	185	4	dependence	dependence	NOUN
dem-16103	185	5	test	test	NOUN
dem-16103	185	6	for	for	ADP
dem-16103	185	7	panel	panel	NOUN
dem-16103	185	8	data	datum	NOUN
dem-16103	185	9	test	test	NOUN
dem-16103	185	10	statistics	statistics	PROPN
dem-16103	185	11	probability	probability	PROPN
dem-16103	185	12	friedman	friedman	PROPN
dem-16103	185	13	test	test	NOUN
dem-16103	185	14	(	(	PUNCT
dem-16103	185	15	chi	chi	NOUN
dem-16103	185	16	-	-	PUNCT
dem-16103	185	17	square	square	NOUN
dem-16103	185	18	)	)	PUNCT
dem-16103	186	1	260.96	260.96	NUM
dem-16103	186	2	*	*	SYM
dem-16103	186	3	0.00	0.00	NUM
dem-16103	186	4	note	note	NOUN
dem-16103	186	5	:	:	PUNCT
dem-16103	186	6	*	*	ADJ
dem-16103	186	7	:	:	PUNCT
dem-16103	186	8	statistically	statistically	ADV
dem-16103	186	9	significant	significant	ADJ
dem-16103	186	10	at	at	ADP
dem-16103	186	11	1	1	NUM
dem-16103	186	12	per	per	NOUN
dem-16103	186	13	cent	cent	NOUN
dem-16103	186	14	level	level	NOUN
dem-16103	186	15	of	of	ADP
dem-16103	186	16	significance	significance	NOUN
dem-16103	186	17	friedman	friedman	PROPN
dem-16103	186	18	’s	’s	PART
dem-16103	186	19	test	test	NOUN
dem-16103	186	20	statistic	statistic	NOUN
dem-16103	186	21	showed	show	VERB
dem-16103	186	22	an	an	DET
dem-16103	186	23	asymptotically	asymptotically	ADV
dem-16103	186	24	χ2	χ2	ADJ
dem-16103	186	25	distribution	distribution	NOUN
dem-16103	186	26	with	with	ADP
dem-16103	186	27	t-1	t-1	PROPN
dem-16103	186	28	degrees	degree	NOUN
dem-16103	186	29	of	of	ADP
dem-16103	186	30	freedom	freedom	NOUN
dem-16103	186	31	.	.	PUNCT
dem-16103	187	1	further	far	ADV
dem-16103	187	2	,	,	PUNCT
dem-16103	187	3	to	to	PART
dem-16103	187	4	test	test	VERB
dem-16103	187	5	the	the	DET
dem-16103	187	6	order	order	NOUN
dem-16103	187	7	of	of	ADP
dem-16103	187	8	integration	integration	NOUN
dem-16103	187	9	of	of	ADP
dem-16103	187	10	the	the	DET
dem-16103	187	11	variables	variable	NOUN
dem-16103	187	12	under	under	ADP
dem-16103	187	13	consideration	consideration	NOUN
dem-16103	187	14	literature	literature	NOUN
dem-16103	187	15	provides	provide	VERB
dem-16103	187	16	two	two	NUM
dem-16103	187	17	types	type	NOUN
dem-16103	187	18	of	of	ADP
dem-16103	187	19	unit	unit	NOUN
dem-16103	187	20	root	root	NOUN
dem-16103	187	21	tests	test	NOUN
dem-16103	187	22	.	.	PUNCT
dem-16103	188	1	the	the	DET
dem-16103	188	2	first	first	ADJ
dem-16103	188	3	generation	generation	NOUN
dem-16103	188	4	panel	panel	NOUN
dem-16103	188	5	unit	unit	NOUN
dem-16103	188	6	root	root	NOUN
dem-16103	188	7	tests	test	NOUN
dem-16103	188	8	are	be	AUX
dem-16103	188	9	mainly	mainly	ADV
dem-16103	188	10	based	base	VERB
dem-16103	188	11	on	on	ADP
dem-16103	188	12	the	the	DET
dem-16103	188	13	restrictive	restrictive	ADJ
dem-16103	188	14	assumption	assumption	NOUN
dem-16103	188	15	of	of	ADP
dem-16103	188	16	crosssectional	crosssectional	ADJ
dem-16103	188	17	independence	independence	NOUN
dem-16103	188	18	(	(	PUNCT
dem-16103	188	19	levin	levin	PROPN
dem-16103	188	20	et	et	PROPN
dem-16103	188	21	al	al	PROPN
dem-16103	188	22	.	.	PROPN
dem-16103	188	23	,	,	PUNCT
dem-16103	188	24	2002	2002	NUM
dem-16103	188	25	(	(	PUNCT
dem-16103	188	26	llc	llc	PROPN
dem-16103	188	27	)	)	PUNCT
dem-16103	188	28	;	;	PUNCT
dem-16103	189	1	i	i	PRON
dem-16103	189	2	m	m	VERB
dem-16103	189	3	et	et	NOUN
dem-16103	189	4	al	al	PROPN
dem-16103	189	5	.	.	PROPN
dem-16103	189	6	,	,	PUNCT
dem-16103	189	7	2003	2003	NUM
dem-16103	189	8	(	(	PUNCT
dem-16103	189	9	ips	ips	PROPN
dem-16103	189	10	)	)	PUNCT
dem-16103	189	11	;	;	PUNCT
dem-16103	189	12	maddala	maddala	NOUN
dem-16103	189	13	and	and	CCONJ
dem-16103	189	14	wu	wu	PROPN
dem-16103	189	15	,	,	PUNCT
dem-16103	189	16	1999	1999	NUM
dem-16103	189	17	;	;	PUNCT
dem-16103	189	18	breitung	breitung	PROPN
dem-16103	189	19	,	,	PUNCT
dem-16103	189	20	2000	2000	NUM
dem-16103	189	21	)	)	PUNCT
dem-16103	189	22	.	.	PUNCT
dem-16103	190	1	literature	literature	NOUN
dem-16103	190	2	reveals	reveal	VERB
dem-16103	190	3	that	that	SCONJ
dem-16103	190	4	not	not	PART
dem-16103	190	5	considering	consider	VERB
dem-16103	190	6	the	the	DET
dem-16103	190	7	cross	cross	ADJ
dem-16103	190	8	-	-	ADJ
dem-16103	190	9	sectional	sectional	ADJ
dem-16103	190	10	dependence	dependence	NOUN
dem-16103	190	11	across	across	ADP
dem-16103	190	12	cross	cross	ADJ
dem-16103	190	13	-	-	ADJ
dem-16103	190	14	section	section	ADJ
dem-16103	190	15	units	unit	NOUN
dem-16103	190	16	may	may	AUX
dem-16103	190	17	affect	affect	VERB
dem-16103	190	18	the	the	DET
dem-16103	190	19	sample	sample	NOUN
dem-16103	190	20	behaviour	behaviour	NOUN
dem-16103	190	21	of	of	ADP
dem-16103	190	22	the	the	DET
dem-16103	190	23	panel	panel	NOUN
dem-16103	190	24	unit	unit	NOUN
dem-16103	190	25	root	root	PROPN
dem-16103	190	26	test	test	NOUN
dem-16103	190	27	which	which	PRON
dem-16103	190	28	subsequently	subsequently	ADV
dem-16103	190	29	results	result	VERB
dem-16103	190	30	to	to	ADP
dem-16103	190	31	the	the	DET
dem-16103	190	32	incorrect	incorrect	ADJ
dem-16103	190	33	decision	decision	NOUN
dem-16103	190	34	in	in	ADP
dem-16103	190	35	a	a	DET
dem-16103	190	36	unit	unit	NOUN
dem-16103	190	37	root	root	NOUN
dem-16103	190	38	test	test	NOUN
dem-16103	190	39	(	(	PUNCT
dem-16103	190	40	o’connell	o’connell	INTJ
dem-16103	190	41	,	,	PUNCT
dem-16103	190	42	1998	1998	NUM
dem-16103	190	43	,	,	PUNCT
dem-16103	190	44	banerjee	banerjee	PROPN
dem-16103	190	45	1999	1999	NUM
dem-16103	190	46	;	;	PUNCT
dem-16103	190	47	pesaran	pesaran	VERB
dem-16103	190	48	,	,	PUNCT
dem-16103	190	49	2007	2007	NUM
dem-16103	190	50	)	)	PUNCT
dem-16103	190	51	.	.	PUNCT
dem-16103	191	1	in	in	ADP
dem-16103	191	2	order	order	NOUN
dem-16103	191	3	to	to	PART
dem-16103	191	4	evade	evade	VERB
dem-16103	191	5	this	this	DET
dem-16103	191	6	under	under	NOUN
dem-16103	191	7	-	-	PUNCT
dem-16103	191	8	performance	performance	NOUN
dem-16103	191	9	of	of	ADP
dem-16103	191	10	the	the	DET
dem-16103	191	11	unit	unit	NOUN
dem-16103	191	12	root	root	NOUN
dem-16103	191	13	tests	test	NOUN
dem-16103	191	14	,	,	PUNCT
dem-16103	191	15	the	the	DET
dem-16103	191	16	present	present	ADJ
dem-16103	191	17	study	study	NOUN
dem-16103	191	18	carried	carry	VERB
dem-16103	191	19	out	out	ADP
dem-16103	191	20	second	second	ADJ
dem-16103	191	21	generation	generation	NOUN
dem-16103	191	22	panel	panel	NOUN
dem-16103	191	23	unit	unit	NOUN
dem-16103	191	24	root	root	PROPN
dem-16103	191	25	test	test	NOUN
dem-16103	191	26	which	which	PRON
dem-16103	191	27	takes	take	VERB
dem-16103	191	28	care	care	NOUN
dem-16103	191	29	of	of	ADP
dem-16103	191	30	cross	cross	ADJ
dem-16103	191	31	-	-	ADJ
dem-16103	191	32	sectional	sectional	ADJ
dem-16103	191	33	dependence	dependence	NOUN
dem-16103	191	34	and	and	CCONJ
dem-16103	191	35	also	also	ADV
dem-16103	191	36	allows	allow	VERB
dem-16103	191	37	for	for	ADP
dem-16103	191	38	parameter	parameter	NOUN
dem-16103	191	39	heterogeneity	heterogeneity	NOUN
dem-16103	191	40	and	and	CCONJ
dem-16103	191	41	serial	serial	ADJ
dem-16103	191	42	correlation	correlation	NOUN
dem-16103	191	43	between	between	ADP
dem-16103	191	44	cross	cross	ADJ
dem-16103	191	45	-	-	ADJ
dem-16103	191	46	section	section	ADJ
dem-16103	191	47	units	unit	NOUN
dem-16103	191	48	in	in	ADP
dem-16103	191	49	the	the	DET
dem-16103	191	50	panel	panel	NOUN
dem-16103	191	51	(	(	PUNCT
dem-16103	191	52	pesaran	pesaran	VERB
dem-16103	191	53	,	,	PUNCT
dem-16103	191	54	2007	2007	NUM
dem-16103	191	55	)	)	PUNCT
dem-16103	191	56	.	.	PUNCT
dem-16103	192	1	pesaran	pesaran	PROPN
dem-16103	192	2	(	(	PUNCT
dem-16103	192	3	2007	2007	NUM
dem-16103	192	4	)	)	PUNCT
dem-16103	192	5	panel	panel	NOUN
dem-16103	192	6	unit	unit	NOUN
dem-16103	192	7	root	root	PROPN
dem-16103	192	8	test	test	NOUN
dem-16103	192	9	takes	take	VERB
dem-16103	192	10	care	care	NOUN
dem-16103	192	11	of	of	ADP
dem-16103	192	12	cross	cross	ADJ
dem-16103	192	13	-	-	ADJ
dem-16103	192	14	sectional	sectional	ADJ
dem-16103	192	15	dependence	dependence	NOUN
dem-16103	192	16	by	by	ADP
dem-16103	192	17	augmenting	augment	VERB
dem-16103	192	18	the	the	DET
dem-16103	192	19	dicky	dicky	ADJ
dem-16103	192	20	fuller	full	ADJ
dem-16103	192	21	regression	regression	NOUN
dem-16103	192	22	(	(	PUNCT
dem-16103	192	23	dicky	dicky	ADJ
dem-16103	192	24	and	and	CCONJ
dem-16103	192	25	fuller	full	ADJ
dem-16103	192	26	,	,	PUNCT
dem-16103	192	27	1979	1979	NUM
dem-16103	192	28	)	)	PUNCT
dem-16103	192	29	.	.	PUNCT
dem-16103	193	1	here	here	ADV
dem-16103	193	2	,	,	PUNCT
dem-16103	193	3	pesaran	pesaran	PROPN
dem-16103	193	4	(	(	PUNCT
dem-16103	193	5	2007	2007	NUM
dem-16103	193	6	)	)	PUNCT
dem-16103	193	7	panel	panel	NOUN
dem-16103	193	8	unit	unit	NOUN
dem-16103	193	9	root	root	NOUN
dem-16103	193	10	test	test	NOUN
dem-16103	193	11	in	in	ADP
dem-16103	193	12	the	the	DET
dem-16103	193	13	presence	presence	NOUN
dem-16103	193	14	of	of	ADP
dem-16103	193	15	crosssectional	crosssectional	ADJ
dem-16103	193	16	dependence	dependence	NOUN
dem-16103	193	17	fails	fail	VERB
dem-16103	193	18	to	to	PART
dem-16103	193	19	reject	reject	VERB
dem-16103	193	20	the	the	DET
dem-16103	193	21	null	null	ADJ
dem-16103	193	22	hypothesis	hypothesis	NOUN
dem-16103	193	23	of	of	ADP
dem-16103	193	24	unit	unit	NOUN
dem-16103	193	25	root	root	NOUN
dem-16103	193	26	at	at	ADP
dem-16103	193	27	level	level	NOUN
dem-16103	193	28	for	for	ADP
dem-16103	193	29	all	all	DET
dem-16103	193	30	the	the	DET
dem-16103	193	31	variables	variable	NOUN
dem-16103	193	32	(	(	PUNCT
dem-16103	193	33	table	table	NOUN
dem-16103	193	34	3	3	NUM
dem-16103	193	35	)	)	PUNCT
dem-16103	193	36	.	.	PUNCT
dem-16103	194	1	however	however	ADV
dem-16103	194	2	,	,	PUNCT
dem-16103	194	3	first	first	ADV
dem-16103	194	4	differenced	differenced	ADJ
dem-16103	194	5	series	series	NOUN
dem-16103	194	6	of	of	ADP
dem-16103	194	7	state	state	NOUN
dem-16103	194	8	level	level	NOUN
dem-16103	194	9	dynamics	dynamic	NOUN
dem-16103	194	10	of	of	ADP
dem-16103	194	11	financial	financial	ADJ
dem-16103	194	12	development	development	NOUN
dem-16103	194	13	and	and	CCONJ
dem-16103	194	14	economic	economic	ADJ
dem-16103	194	15	growth	growth	NOUN
dem-16103	194	16	:	:	PUNCT
dem-16103	194	17	panel	panel	NOUN
dem-16103	194	18	data	data	VERB
dem-16103	194	19	analysis	analysis	NOUN
dem-16103	194	20	…	…	SYM
dem-16103	194	21	dynamic	dynamic	ADJ
dem-16103	194	22	econometric	econometric	ADJ
dem-16103	194	23	models	model	NOUN
dem-16103	194	24	18	18	NUM
dem-16103	194	25	(	(	PUNCT
dem-16103	194	26	2018	2018	NUM
dem-16103	194	27	)	)	PUNCT
dem-16103	194	28	5–34	5–34	NOUN
dem-16103	194	29	19	19	NUM
dem-16103	194	30	per	per	ADP
dem-16103	194	31	capita	capita	X
dem-16103	194	32	gdp	gdp	NOUN
dem-16103	194	33	,	,	PUNCT
dem-16103	194	34	sdp	sdp	NOUN
dem-16103	194	35	and	and	CCONJ
dem-16103	194	36	indicators	indicator	NOUN
dem-16103	194	37	of	of	ADP
dem-16103	194	38	financial	financial	ADJ
dem-16103	194	39	development	development	NOUN
dem-16103	194	40	are	be	AUX
dem-16103	194	41	stationary	stationary	ADJ
dem-16103	194	42	except	except	SCONJ
dem-16103	194	43	for	for	ADP
dem-16103	194	44	population	population	NOUN
dem-16103	194	45	per	per	ADP
dem-16103	194	46	office	office	NOUN
dem-16103	194	47	and	and	CCONJ
dem-16103	194	48	outstanding	outstanding	ADJ
dem-16103	194	49	credit	credit	NOUN
dem-16103	194	50	.	.	PUNCT
dem-16103	195	1	table	table	NOUN
dem-16103	195	2	3	3	NUM
dem-16103	195	3	.	.	PUNCT
dem-16103	195	4	second	second	ADJ
dem-16103	195	5	generation	generation	NOUN
dem-16103	195	6	panel	panel	NOUN
dem-16103	195	7	unit	unit	NOUN
dem-16103	195	8	root	root	PROPN
dem-16103	195	9	test	test	NOUN
dem-16103	195	10	with	with	ADP
dem-16103	195	11	cross	cross	ADJ
dem-16103	195	12	-	-	ADJ
dem-16103	195	13	sectional	sectional	ADJ
dem-16103	195	14	dependence	dependence	NOUN
dem-16103	195	15	variables	variable	NOUN
dem-16103	195	16	level	level	VERB
dem-16103	195	17	first	first	ADJ
dem-16103	195	18	difference	difference	NOUN
dem-16103	195	19	order	order	NOUN
dem-16103	195	20	of	of	ADP
dem-16103	195	21	integration	integration	NOUN
dem-16103	195	22	sdp	sdp	NOUN
dem-16103	195	23	1.95	1.95	NUM
dem-16103	195	24	–	–	PUNCT
dem-16103	195	25	4.13	4.13	NUM
dem-16103	195	26	*	*	PUNCT
dem-16103	195	27	i(1	i(1	PROPN
dem-16103	195	28	)	)	PUNCT
dem-16103	195	29	pcsdp	pcsdp	ADJ
dem-16103	195	30	0.12	0.12	NUM
dem-16103	195	31	–	–	PUNCT
dem-16103	195	32	4.24	4.24	NUM
dem-16103	195	33	*	*	PUNCT
dem-16103	195	34	i(1	i(1	PROPN
dem-16103	195	35	)	)	PUNCT
dem-16103	195	36	pop	pop	VERB
dem-16103	195	37	18.64	18.64	NUM
dem-16103	195	38	17.52	17.52	NUM
dem-16103	195	39	–	–	PUNCT
dem-16103	195	40	ca	can	AUX
dem-16103	195	41	0.21	0.21	NUM
dem-16103	195	42	–	–	PUNCT
dem-16103	195	43	2.80	2.80	NUM
dem-16103	195	44	*	*	SYM
dem-16103	195	45	*	*	PUNCT
dem-16103	195	46	i(1	i(1	PROPN
dem-16103	195	47	)	)	PUNCT
dem-16103	195	48	da	da	NOUN
dem-16103	195	49	6.13	6.13	NUM
dem-16103	195	50	–	–	PUNCT
dem-16103	195	51	3.17	3.17	NUM
dem-16103	195	52	*	*	PUNCT
dem-16103	195	53	i(1	i(1	PROPN
dem-16103	195	54	)	)	PUNCT
dem-16103	195	55	nof	nof	NOUN
dem-16103	195	56	2.92	2.92	NUM
dem-16103	195	57	–	–	PUNCT
dem-16103	196	1	3.63	3.63	NUM
dem-16103	196	2	*	*	SYM
dem-16103	196	3	*	*	PUNCT
dem-16103	196	4	i(1	i(1	NOUN
dem-16103	196	5	)	)	PUNCT
dem-16103	196	6	oc	oc	NOUN
dem-16103	196	7	–	–	PUNCT
dem-16103	196	8	0.05	0.05	NUM
dem-16103	196	9	–	–	PUNCT
dem-16103	196	10	1.23	1.23	NUM
dem-16103	196	11	–	–	PUNCT
dem-16103	196	12	pcc	pcc	NOUN
dem-16103	196	13	3.50	3.50	NUM
dem-16103	196	14	–	–	PUNCT
dem-16103	196	15	3.47	3.47	NUM
dem-16103	196	16	*	*	PUNCT
dem-16103	196	17	i(1	i(1	PROPN
dem-16103	196	18	)	)	PUNCT
dem-16103	196	19	pcd	pcd	NOUN
dem-16103	196	20	2.72	2.72	NUM
dem-16103	196	21	–	–	PUNCT
dem-16103	196	22	4.27	4.27	NUM
dem-16103	196	23	*	*	SYM
dem-16103	196	24	i(1	i(1	PROPN
dem-16103	196	25	)	)	PUNCT
dem-16103	196	26	note	note	NOUN
dem-16103	196	27	:	:	PUNCT
dem-16103	196	28	*	*	ADJ
dem-16103	196	29	:	:	PUNCT
dem-16103	196	30	statistically	statistically	ADV
dem-16103	196	31	significant	significant	ADJ
dem-16103	196	32	at	at	ADP
dem-16103	196	33	1	1	NUM
dem-16103	196	34	per	per	NOUN
dem-16103	196	35	cent	cent	NOUN
dem-16103	196	36	level	level	NOUN
dem-16103	196	37	of	of	ADP
dem-16103	196	38	significance	significance	NOUN
dem-16103	196	39	;	;	PUNCT
dem-16103	196	40	*	*	PUNCT
dem-16103	197	1	*	*	PUNCT
dem-16103	197	2	:	:	PUNCT
dem-16103	197	3	statistically	statistically	ADV
dem-16103	197	4	significant	significant	ADJ
dem-16103	197	5	at	at	ADP
dem-16103	197	6	5	5	NUM
dem-16103	197	7	per	per	NOUN
dem-16103	197	8	cent	cent	NOUN
dem-16103	197	9	level	level	NOUN
dem-16103	197	10	of	of	ADP
dem-16103	197	11	significance	significance	NOUN
dem-16103	197	12	.	.	PUNCT
dem-16103	198	1	in	in	ADP
dem-16103	198	2	order	order	NOUN
dem-16103	198	3	to	to	PART
dem-16103	198	4	check	check	VERB
dem-16103	198	5	the	the	DET
dem-16103	198	6	robustness	robustness	NOUN
dem-16103	198	7	of	of	ADP
dem-16103	198	8	the	the	DET
dem-16103	198	9	model	model	NOUN
dem-16103	198	10	,	,	PUNCT
dem-16103	198	11	the	the	DET
dem-16103	198	12	present	present	ADJ
dem-16103	198	13	study	study	NOUN
dem-16103	198	14	also	also	ADV
dem-16103	198	15	estimated	estimate	VERB
dem-16103	198	16	the	the	DET
dem-16103	198	17	unit	unit	NOUN
dem-16103	198	18	root	root	NOUN
dem-16103	198	19	using	use	VERB
dem-16103	198	20	the	the	DET
dem-16103	198	21	first	first	ADJ
dem-16103	198	22	generation	generation	NOUN
dem-16103	198	23	individual	individual	ADJ
dem-16103	198	24	panel	panel	NOUN
dem-16103	198	25	unit	unit	NOUN
dem-16103	198	26	root	root	PROPN
dem-16103	198	27	test	test	NOUN
dem-16103	198	28	like	like	ADP
dem-16103	198	29	i	i	PRON
dem-16103	198	30	m	m	PROPN
dem-16103	198	31	,	,	PUNCT
dem-16103	198	32	pesaran	pesaran	ADJ
dem-16103	198	33	,	,	PUNCT
dem-16103	198	34	sin	sin	NOUN
dem-16103	198	35	;	;	PUNCT
dem-16103	198	36	fisher	fisher	PROPN
dem-16103	198	37	-	-	PUNCT
dem-16103	198	38	adf	adf	PROPN
dem-16103	198	39	;	;	PUNCT
dem-16103	198	40	fisher	fisher	PROPN
dem-16103	198	41	-	-	PUNCT
dem-16103	198	42	pp	pp	NOUN
dem-16103	198	43	tests	test	NOUN
dem-16103	198	44	and	and	CCONJ
dem-16103	198	45	common	common	ADJ
dem-16103	198	46	root	root	NOUN
dem-16103	198	47	test	test	NOUN
dem-16103	198	48	like	like	ADP
dem-16103	198	49	levin	levin	PROPN
dem-16103	198	50	,	,	PUNCT
dem-16103	198	51	lin	lin	PROPN
dem-16103	198	52	,	,	PUNCT
dem-16103	198	53	chu	chu	PROPN
dem-16103	198	54	which	which	PRON
dem-16103	198	55	propose	propose	VERB
dem-16103	198	56	the	the	DET
dem-16103	198	57	null	null	ADJ
dem-16103	198	58	hypothesis	hypothesis	NOUN
dem-16103	198	59	in	in	ADP
dem-16103	198	60	favour	favour	NOUN
dem-16103	198	61	of	of	ADP
dem-16103	198	62	unit	unit	NOUN
dem-16103	198	63	root	root	VERB
dem-16103	198	64	too	too	ADV
dem-16103	198	65	.	.	PUNCT
dem-16103	199	1	the	the	DET
dem-16103	199	2	assumptions	assumption	NOUN
dem-16103	199	3	regarding	regard	VERB
dem-16103	199	4	the	the	DET
dem-16103	199	5	common	common	ADJ
dem-16103	199	6	unit	unit	NOUN
dem-16103	199	7	root	root	NOUN
dem-16103	199	8	indicates	indicate	VERB
dem-16103	199	9	that	that	SCONJ
dem-16103	199	10	the	the	DET
dem-16103	199	11	tests	test	NOUN
dem-16103	199	12	are	be	AUX
dem-16103	199	13	estimated	estimate	VERB
dem-16103	199	14	using	use	VERB
dem-16103	199	15	common	common	ADJ
dem-16103	199	16	autoregressive	autoregressive	ADJ
dem-16103	199	17	parameters	parameter	NOUN
dem-16103	199	18	for	for	ADP
dem-16103	199	19	all	all	DET
dem-16103	199	20	the	the	DET
dem-16103	199	21	series	series	NOUN
dem-16103	199	22	included	include	VERB
dem-16103	199	23	in	in	ADP
dem-16103	199	24	the	the	DET
dem-16103	199	25	panel	panel	NOUN
dem-16103	199	26	data	data	NOUN
dem-16103	199	27	-	-	PUNCT
dem-16103	199	28	set	set	NOUN
dem-16103	199	29	,	,	PUNCT
dem-16103	199	30	while	while	SCONJ
dem-16103	199	31	the	the	DET
dem-16103	199	32	individual	individual	ADJ
dem-16103	199	33	unit	unit	NOUN
dem-16103	199	34	root	root	NOUN
dem-16103	199	35	tests	test	NOUN
dem-16103	199	36	provide	provide	VERB
dem-16103	199	37	different	different	ADJ
dem-16103	199	38	autoregressive	autoregressive	ADJ
dem-16103	199	39	coefficients	coefficient	NOUN
dem-16103	199	40	in	in	ADP
dem-16103	199	41	individual	individual	ADJ
dem-16103	199	42	series	series	NOUN
dem-16103	199	43	in	in	ADP
dem-16103	199	44	the	the	DET
dem-16103	199	45	panel	panel	NOUN
dem-16103	199	46	data	data	NOUN
dem-16103	199	47	-	-	PUNCT
dem-16103	199	48	set	set	NOUN
dem-16103	199	49	.	.	PUNCT
dem-16103	200	1	the	the	DET
dem-16103	200	2	most	most	ADV
dem-16103	200	3	widely	widely	ADV
dem-16103	200	4	used	use	VERB
dem-16103	200	5	panel	panel	NOUN
dem-16103	200	6	unit	unit	NOUN
dem-16103	200	7	root	root	NOUN
dem-16103	200	8	tests	test	NOUN
dem-16103	200	9	in	in	ADP
dem-16103	200	10	the	the	DET
dem-16103	200	11	literature	literature	NOUN
dem-16103	200	12	involve	involve	VERB
dem-16103	200	13	the	the	DET
dem-16103	200	14	levin	levin	PROPN
dem-16103	200	15	et	et	PROPN
dem-16103	200	16	al	al	PROPN
dem-16103	200	17	.	.	PROPN
dem-16103	201	1	(	(	PUNCT
dem-16103	201	2	2002	2002	NUM
dem-16103	201	3	)	)	PUNCT
dem-16103	202	1	and	and	CCONJ
dem-16103	203	1	i	i	PRON
dem-16103	203	2	m	m	VERB
dem-16103	203	3	et	et	NOUN
dem-16103	203	4	al	al	PROPN
dem-16103	203	5	.	.	PUNCT
dem-16103	204	1	(	(	PUNCT
dem-16103	204	2	2003	2003	NUM
dem-16103	204	3	)	)	PUNCT
dem-16103	204	4	.	.	PUNCT
dem-16103	205	1	thus	thus	ADV
dem-16103	205	2	,	,	PUNCT
dem-16103	205	3	for	for	ADP
dem-16103	205	4	studying	study	VERB
dem-16103	205	5	the	the	DET
dem-16103	205	6	robustness	robustness	NOUN
dem-16103	205	7	of	of	ADP
dem-16103	205	8	the	the	DET
dem-16103	205	9	model	model	NOUN
dem-16103	205	10	,	,	PUNCT
dem-16103	205	11	the	the	DET
dem-16103	205	12	present	present	ADJ
dem-16103	205	13	study	study	NOUN
dem-16103	205	14	utilised	utilise	VERB
dem-16103	205	15	both	both	DET
dem-16103	205	16	type	type	NOUN
dem-16103	205	17	including	include	VERB
dem-16103	205	18	common	common	ADJ
dem-16103	205	19	and	and	CCONJ
dem-16103	205	20	individual	individual	ADJ
dem-16103	205	21	unit	unit	NOUN
dem-16103	205	22	root	root	NOUN
dem-16103	205	23	tests	test	NOUN
dem-16103	205	24	for	for	ADP
dem-16103	205	25	analysis	analysis	NOUN
dem-16103	205	26	.	.	PUNCT
dem-16103	206	1	further	far	ADV
dem-16103	206	2	,	,	PUNCT
dem-16103	206	3	the	the	DET
dem-16103	206	4	lag	lag	NOUN
dem-16103	206	5	length	length	NOUN
dem-16103	206	6	criterion	criterion	NOUN
dem-16103	206	7	for	for	ADP
dem-16103	206	8	group	group	NOUN
dem-16103	206	9	or	or	CCONJ
dem-16103	206	10	pool	pool	NOUN
dem-16103	206	11	unit	unit	NOUN
dem-16103	206	12	root	root	NOUN
dem-16103	206	13	test	test	NOUN
dem-16103	206	14	is	be	AUX
dem-16103	206	15	the	the	DET
dem-16103	206	16	automatic	automatic	ADJ
dem-16103	206	17	lag	lag	NOUN
dem-16103	206	18	length	length	NOUN
dem-16103	206	19	selection	selection	NOUN
dem-16103	206	20	that	that	PRON
dem-16103	206	21	entails	entail	VERB
dem-16103	206	22	the	the	DET
dem-16103	206	23	information	information	NOUN
dem-16103	206	24	matrix	matrix	NOUN
dem-16103	206	25	criterion	criterion	NOUN
dem-16103	206	26	based	base	VERB
dem-16103	206	27	for	for	ADP
dem-16103	206	28	the	the	DET
dem-16103	206	29	number	number	NOUN
dem-16103	206	30	of	of	ADP
dem-16103	206	31	lag	lag	NOUN
dem-16103	206	32	difference	difference	NOUN
dem-16103	206	33	terms	term	NOUN
dem-16103	206	34	and	and	CCONJ
dem-16103	206	35	the	the	DET
dem-16103	206	36	neweywest	neweyw	ADJ
dem-16103	206	37	automatic	automatic	ADJ
dem-16103	206	38	bandwidth	bandwidth	ADJ
dem-16103	206	39	selection	selection	NOUN
dem-16103	206	40	.	.	PUNCT
dem-16103	207	1	the	the	DET
dem-16103	207	2	lag	lag	NOUN
dem-16103	207	3	values	value	NOUN
dem-16103	207	4	used	use	VERB
dem-16103	207	5	for	for	ADP
dem-16103	207	6	the	the	DET
dem-16103	207	7	computation	computation	NOUN
dem-16103	207	8	of	of	ADP
dem-16103	207	9	the	the	DET
dem-16103	207	10	model	model	NOUN
dem-16103	207	11	were	be	AUX
dem-16103	207	12	on	on	ADP
dem-16103	207	13	the	the	DET
dem-16103	207	14	basis	basis	NOUN
dem-16103	207	15	of	of	ADP
dem-16103	207	16	the	the	DET
dem-16103	207	17	default	default	NOUN
dem-16103	207	18	values	value	NOUN
dem-16103	207	19	.	.	PUNCT
dem-16103	208	1	the	the	DET
dem-16103	208	2	null	null	ADJ
dem-16103	208	3	hypothesis	hypothesis	NOUN
dem-16103	208	4	for	for	ADP
dem-16103	208	5	the	the	DET
dem-16103	208	6	panel	panel	NOUN
dem-16103	208	7	unit	unit	NOUN
dem-16103	208	8	root	root	NOUN
dem-16103	208	9	test	test	NOUN
dem-16103	208	10	is	be	AUX
dem-16103	208	11	that	that	SCONJ
dem-16103	208	12	the	the	DET
dem-16103	208	13	variables	variable	NOUN
dem-16103	208	14	involve	involve	VERB
dem-16103	208	15	the	the	DET
dem-16103	208	16	presence	presence	NOUN
dem-16103	208	17	of	of	ADP
dem-16103	208	18	unit	unit	NOUN
dem-16103	208	19	root	root	NOUN
dem-16103	208	20	.	.	PUNCT
dem-16103	209	1	the	the	DET
dem-16103	209	2	test	test	NOUN
dem-16103	209	3	statistics	statistic	NOUN
dem-16103	209	4	for	for	ADP
dem-16103	209	5	all	all	DET
dem-16103	209	6	the	the	DET
dem-16103	209	7	variables	variable	NOUN
dem-16103	209	8	used	use	VERB
dem-16103	209	9	in	in	ADP
dem-16103	209	10	the	the	DET
dem-16103	209	11	data	data	NOUN
dem-16103	209	12	-	-	PUNCT
dem-16103	209	13	set	set	NOUN
dem-16103	209	14	are	be	AUX
dem-16103	209	15	shown	show	VERB
dem-16103	209	16	in	in	ADP
dem-16103	209	17	table	table	NOUN
dem-16103	209	18	4	4	NUM
dem-16103	209	19	.	.	PUNCT
dem-16103	210	1	all	all	DET
dem-16103	210	2	the	the	DET
dem-16103	210	3	variables	variable	NOUN
dem-16103	210	4	accepted	accept	VERB
dem-16103	210	5	unit	unit	NOUN
dem-16103	210	6	root	root	NOUN
dem-16103	210	7	hypothesis	hypothesis	NOUN
dem-16103	210	8	of	of	ADP
dem-16103	210	9	non	non	ADJ
dem-16103	210	10	-	-	ADJ
dem-16103	210	11	stationary	stationary	ADJ
dem-16103	210	12	at	at	ADP
dem-16103	210	13	levels	level	NOUN
dem-16103	210	14	except	except	SCONJ
dem-16103	210	15	for	for	ADP
dem-16103	210	16	llc	llc	PROPN
dem-16103	210	17	test	test	NOUN
dem-16103	210	18	in	in	ADP
dem-16103	210	19	case	case	NOUN
dem-16103	210	20	of	of	ADP
dem-16103	210	21	outstanding	outstanding	ADJ
dem-16103	210	22	credit	credit	NOUN
dem-16103	210	23	.	.	PUNCT
dem-16103	211	1	the	the	DET
dem-16103	211	2	statistically	statistically	ADV
dem-16103	211	3	insignificant	insignificant	ADJ
dem-16103	211	4	values	value	NOUN
dem-16103	211	5	for	for	ADP
dem-16103	211	6	rest	rest	NOUN
dem-16103	211	7	all	all	DET
dem-16103	211	8	the	the	DET
dem-16103	211	9	tests	test	NOUN
dem-16103	211	10	statistics	statistic	NOUN
dem-16103	211	11	(	(	PUNCT
dem-16103	211	12	refer	refer	VERB
dem-16103	211	13	table	table	NOUN
dem-16103	211	14	4	4	NUM
dem-16103	211	15	)	)	PUNCT
dem-16103	211	16	in	in	ADP
dem-16103	211	17	the	the	DET
dem-16103	211	18	level	level	NOUN
dem-16103	211	19	form	form	NOUN
dem-16103	211	20	suggest	suggest	VERB
dem-16103	211	21	the	the	DET
dem-16103	211	22	presence	presence	NOUN
dem-16103	211	23	of	of	ADP
dem-16103	211	24	unit	unit	NOUN
dem-16103	211	25	root	root	NOUN
dem-16103	211	26	and	and	CCONJ
dem-16103	211	27	hence	hence	ADV
dem-16103	211	28	,	,	PUNCT
dem-16103	211	29	confirm	confirm	VERB
dem-16103	211	30	the	the	DET
dem-16103	211	31	data	datum	NOUN
dem-16103	211	32	to	to	PART
dem-16103	211	33	be	be	AUX
dem-16103	211	34	non	non	ADJ
dem-16103	211	35	-	-	ADJ
dem-16103	211	36	stationary	stationary	ADJ
dem-16103	211	37	.	.	PUNCT
dem-16103	212	1	shravani	shravani	PROPN
dem-16103	212	2	sharma	sharma	PROPN
dem-16103	212	3	and	and	CCONJ
dem-16103	212	4	supran	supran	PROPN
dem-16103	212	5	kumar	kumar	PROPN
dem-16103	212	6	dynamic	dynamic	PROPN
dem-16103	212	7	econometric	econometric	ADJ
dem-16103	212	8	models	model	NOUN
dem-16103	212	9	18	18	NUM
dem-16103	212	10	(	(	PUNCT
dem-16103	212	11	2018	2018	NUM
dem-16103	212	12	)	)	PUNCT
dem-16103	212	13	5–34	5–34	NOUN
dem-16103	212	14	20	20	NUM
dem-16103	212	15	table	table	NOUN
dem-16103	212	16	4	4	NUM
dem-16103	212	17	.	.	PUNCT
dem-16103	212	18	first	first	ADJ
dem-16103	212	19	generation	generation	NOUN
dem-16103	212	20	panel	panel	NOUN
dem-16103	212	21	unit	unit	NOUN
dem-16103	212	22	root	root	NOUN
dem-16103	212	23	tests	test	NOUN
dem-16103	212	24	variables	variable	VERB
dem-16103	212	25	llc	llc	PROPN
dem-16103	212	26	*	*	PROPN
dem-16103	212	27	*	*	PROPN
dem-16103	212	28	ips	ips	PROPN
dem-16103	212	29	*	*	PUNCT
dem-16103	212	30	*	*	PROPN
dem-16103	212	31	adf	adf	PROPN
dem-16103	212	32	*	*	PROPN
dem-16103	212	33	*	*	PROPN
dem-16103	212	34	pp	pp	PROPN
dem-16103	212	35	*	*	ADJ
dem-16103	212	36	*	*	NOUN
dem-16103	212	37	pcc	pcc	NOUN
dem-16103	212	38	level	level	NOUN
dem-16103	212	39	3.29	3.29	NUM
dem-16103	212	40	6.70	6.70	NUM
dem-16103	212	41	10.54	10.54	NUM
dem-16103	212	42	12.23	12.23	NUM
dem-16103	212	43	first	first	ADJ
dem-16103	212	44	difference	difference	NOUN
dem-16103	212	45	–	–	PUNCT
dem-16103	212	46	6.55	6.55	NUM
dem-16103	212	47	*	*	PUNCT
dem-16103	212	48	–	–	PUNCT
dem-16103	212	49	10.95	10.95	NUM
dem-16103	212	50	*	*	PUNCT
dem-16103	212	51	202.37	202.37	NUM
dem-16103	212	52	*	*	SYM
dem-16103	212	53	2530.66	2530.66	NUM
dem-16103	212	54	*	*	SYM
dem-16103	212	55	pcd	pcd	NOUN
dem-16103	212	56	level	level	NOUN
dem-16103	212	57	2.63	2.63	NUM
dem-16103	212	58	6.47	6.47	NUM
dem-16103	212	59	121.60	121.60	NUM
dem-16103	212	60	*	*	PUNCT
dem-16103	213	1	366.04	366.04	NUM
dem-16103	213	2	*	*	PUNCT
dem-16103	213	3	first	first	ADJ
dem-16103	213	4	difference	difference	NOUN
dem-16103	213	5	–	–	PUNCT
dem-16103	213	6	7.39	7.39	NUM
dem-16103	213	7	*	*	PUNCT
dem-16103	213	8	–	–	PUNCT
dem-16103	213	9	16.37	16.37	NUM
dem-16103	213	10	*	*	SYM
dem-16103	213	11	297.91	297.91	NUM
dem-16103	213	12	*	*	SYM
dem-16103	213	13	3339.01	3339.01	NUM
dem-16103	213	14	*	*	SYM
dem-16103	213	15	ps	ps	NOUN
dem-16103	213	16	level	level	NOUN
dem-16103	213	17	7.33	7.33	NUM
dem-16103	213	18	6.21	6.21	NUM
dem-16103	213	19	15.66	15.66	NUM
dem-16103	213	20	14.91	14.91	NUM
dem-16103	213	21	first	first	ADJ
dem-16103	213	22	difference	difference	NOUN
dem-16103	213	23	–	–	PUNCT
dem-16103	213	24	5.91	5.91	NUM
dem-16103	213	25	*	*	PUNCT
dem-16103	213	26	–	–	PUNCT
dem-16103	213	27	3.52	3.52	NUM
dem-16103	213	28	*	*	SYM
dem-16103	213	29	80.48	80.48	NUM
dem-16103	213	30	*	*	PUNCT
dem-16103	213	31	158.15	158.15	NUM
dem-16103	213	32	*	*	SYM
dem-16103	213	33	nof	nof	PROPN
dem-16103	213	34	level	level	NOUN
dem-16103	213	35	17.75	17.75	NUM
dem-16103	213	36	13.99	13.99	NUM
dem-16103	213	37	9.52	9.52	NUM
dem-16103	213	38	1.44	1.44	NUM
dem-16103	213	39	first	first	ADJ
dem-16103	213	40	difference	difference	NOUN
dem-16103	213	41	0.80	0.80	NUM
dem-16103	213	42	1.60	1.60	NUM
dem-16103	213	43	45.43	45.43	NUM
dem-16103	213	44	64.33	64.33	NUM
dem-16103	213	45	oc	oc	ADP
dem-16103	213	46	level	level	NOUN
dem-16103	213	47	–	–	PUNCT
dem-16103	213	48	2.51	2.51	NUM
dem-16103	213	49	*	*	PUNCT
dem-16103	213	50	–	–	PUNCT
dem-16103	213	51	0.60	0.60	NUM
dem-16103	213	52	38.42	38.42	NUM
dem-16103	213	53	35.52	35.52	NUM
dem-16103	213	54	first	first	ADJ
dem-16103	213	55	difference	difference	NOUN
dem-16103	213	56	19.01	19.01	NUM
dem-16103	213	57	3.44	3.44	NUM
dem-16103	213	58	16.51	16.51	NUM
dem-16103	213	59	223.74	223.74	NUM
dem-16103	213	60	*	*	PUNCT
dem-16103	213	61	da	da	ADJ
dem-16103	213	62	level	level	NOUN
dem-16103	213	63	13.02	13.02	NUM
dem-16103	213	64	10.08	10.08	NUM
dem-16103	213	65	15.51	15.51	NUM
dem-16103	213	66	42.33	42.33	NUM
dem-16103	213	67	first	first	ADJ
dem-16103	213	68	difference	difference	NOUN
dem-16103	213	69	–	–	PUNCT
dem-16103	213	70	4.18	4.18	NUM
dem-16103	213	71	*	*	PUNCT
dem-16103	213	72	–	–	PUNCT
dem-16103	213	73	6.03	6.03	NUM
dem-16103	213	74	*	*	PUNCT
dem-16103	213	75	142.47	142.47	NUM
dem-16103	213	76	*	*	SYM
dem-16103	213	77	1186.30	1186.30	NUM
dem-16103	213	78	*	*	PUNCT
dem-16103	213	79	ca	can	AUX
dem-16103	213	80	level	level	VERB
dem-16103	213	81	4.34	4.34	NUM
dem-16103	213	82	7.63	7.63	NUM
dem-16103	213	83	5.48	5.48	NUM
dem-16103	213	84	5.18	5.18	NUM
dem-16103	213	85	first	first	ADJ
dem-16103	213	86	difference	difference	NOUN
dem-16103	213	87	–	–	PUNCT
dem-16103	213	88	2.67	2.67	NUM
dem-16103	213	89	*	*	PUNCT
dem-16103	213	90	–	–	PUNCT
dem-16103	213	91	3.76	3.76	NUM
dem-16103	213	92	*	*	SYM
dem-16103	213	93	92.39	92.39	NUM
dem-16103	213	94	*	*	SYM
dem-16103	213	95	203.65	203.65	NUM
dem-16103	213	96	*	*	PUNCT
dem-16103	213	97	sdp	sdp	NOUN
dem-16103	213	98	level	level	NOUN
dem-16103	213	99	–	–	PUNCT
dem-16103	213	100	5.10	5.10	NUM
dem-16103	213	101	*	*	SYM
dem-16103	213	102	1.78	1.78	NUM
dem-16103	213	103	32.13	32.13	NUM
dem-16103	213	104	218.95	218.95	NUM
dem-16103	213	105	*	*	PUNCT
dem-16103	213	106	first	first	ADJ
dem-16103	213	107	difference	difference	NOUN
dem-16103	213	108	–	–	PUNCT
dem-16103	213	109	9.71	9.71	NUM
dem-16103	213	110	*	*	PUNCT
dem-16103	213	111	–	–	PUNCT
dem-16103	213	112	8.12	8.12	NUM
dem-16103	213	113	*	*	SYM
dem-16103	213	114	156.84	156.84	NUM
dem-16103	213	115	*	*	PUNCT
dem-16103	213	116	523.58	523.58	NUM
dem-16103	213	117	*	*	PUNCT
dem-16103	213	118	pcsdp	pcsdp	ADJ
dem-16103	213	119	level	level	NOUN
dem-16103	213	120	2.96	2.96	NUM
dem-16103	213	121	3.19	3.19	NUM
dem-16103	213	122	19.78	19.78	NUM
dem-16103	213	123	99.67	99.67	NUM
dem-16103	213	124	first	first	ADJ
dem-16103	213	125	difference	difference	NOUN
dem-16103	213	126	–	–	PUNCT
dem-16103	213	127	11.98	11.98	NUM
dem-16103	213	128	*	*	NUM
dem-16103	213	129	–	–	PUNCT
dem-16103	213	130	12.18	12.18	NUM
dem-16103	213	131	*	*	PUNCT
dem-16103	213	132	222.09	222.09	NUM
dem-16103	213	133	*	*	SYM
dem-16103	213	134	352.34	352.34	NUM
dem-16103	213	135	*	*	PUNCT
dem-16103	213	136	note	note	NOUN
dem-16103	213	137	:	:	PUNCT
dem-16103	213	138	*	*	ADJ
dem-16103	213	139	:	:	PUNCT
dem-16103	213	140	statistically	statistically	ADV
dem-16103	213	141	significant	significant	ADJ
dem-16103	213	142	at	at	ADP
dem-16103	213	143	1	1	NUM
dem-16103	213	144	per	per	NOUN
dem-16103	213	145	cent	cent	NOUN
dem-16103	213	146	level	level	NOUN
dem-16103	213	147	of	of	ADP
dem-16103	213	148	significance	significance	NOUN
dem-16103	213	149	.	.	PUNCT
dem-16103	214	1	probabilities	probability	NOUN
dem-16103	214	2	for	for	ADP
dem-16103	214	3	fisher	fisher	NOUN
dem-16103	214	4	tests	test	NOUN
dem-16103	214	5	are	be	AUX
dem-16103	214	6	computed	compute	VERB
dem-16103	214	7	using	use	VERB
dem-16103	214	8	an	an	DET
dem-16103	214	9	asymptotic	asymptotic	ADJ
dem-16103	214	10	chi	chi	ADJ
dem-16103	214	11	-	-	PUNCT
dem-16103	214	12	square	square	ADJ
dem-16103	214	13	distribution	distribution	NOUN
dem-16103	214	14	.	.	PUNCT
dem-16103	215	1	all	all	DET
dem-16103	215	2	other	other	ADJ
dem-16103	215	3	tests	test	NOUN
dem-16103	215	4	assume	assume	VERB
dem-16103	215	5	asymptotic	asymptotic	ADJ
dem-16103	215	6	normality	normality	NOUN
dem-16103	215	7	.	.	PUNCT
dem-16103	216	1	automatic	automatic	ADJ
dem-16103	216	2	lag	lag	NOUN
dem-16103	216	3	length	length	NOUN
dem-16103	216	4	selection	selection	NOUN
dem-16103	216	5	based	base	VERB
dem-16103	216	6	on	on	ADP
dem-16103	216	7	sic	sic	ADJ
dem-16103	216	8	:	:	SYM
dem-16103	216	9	0	0	NUM
dem-16103	216	10	to	to	PART
dem-16103	216	11	3	3	NUM
dem-16103	216	12	.	.	PUNCT
dem-16103	216	13	newey	newey	PROPN
dem-16103	216	14	-	-	PUNCT
dem-16103	216	15	west	west	PROPN
dem-16103	216	16	automatic	automatic	ADJ
dem-16103	216	17	bandwidth	bandwidth	ADJ
dem-16103	216	18	selection	selection	NOUN
dem-16103	216	19	and	and	CCONJ
dem-16103	216	20	bartlett	bartlett	PROPN
dem-16103	216	21	kernel	kernel	PROPN
dem-16103	216	22	.	.	PUNCT
dem-16103	217	1	again	again	ADV
dem-16103	217	2	by	by	ADP
dem-16103	217	3	analysing	analyse	VERB
dem-16103	217	4	the	the	DET
dem-16103	217	5	data	datum	NOUN
dem-16103	217	6	in	in	ADP
dem-16103	217	7	the	the	DET
dem-16103	217	8	first	first	ADJ
dem-16103	217	9	difference	difference	NOUN
dem-16103	217	10	,	,	PUNCT
dem-16103	217	11	the	the	DET
dem-16103	217	12	statistically	statistically	ADV
dem-16103	217	13	significant	significant	ADJ
dem-16103	217	14	values	value	NOUN
dem-16103	217	15	of	of	ADP
dem-16103	217	16	all	all	DET
dem-16103	217	17	the	the	DET
dem-16103	217	18	statistics	statistic	NOUN
dem-16103	217	19	for	for	ADP
dem-16103	217	20	all	all	DET
dem-16103	217	21	variables	variable	NOUN
dem-16103	217	22	(	(	PUNCT
dem-16103	217	23	except	except	SCONJ
dem-16103	217	24	for	for	ADP
dem-16103	217	25	number	number	NOUN
dem-16103	217	26	of	of	ADP
dem-16103	217	27	bank	bank	NOUN
dem-16103	217	28	branches	branch	NOUN
dem-16103	217	29	and	and	CCONJ
dem-16103	217	30	outstanding	outstanding	ADJ
dem-16103	217	31	credit	credit	NOUN
dem-16103	217	32	)	)	PUNCT
dem-16103	217	33	rejects	reject	VERB
dem-16103	217	34	the	the	DET
dem-16103	217	35	null	null	NOUN
dem-16103	217	36	of	of	ADP
dem-16103	217	37	unit	unit	NOUN
dem-16103	217	38	root	root	NOUN
dem-16103	217	39	and	and	CCONJ
dem-16103	217	40	thus	thus	ADV
dem-16103	217	41	,	,	PUNCT
dem-16103	217	42	substantiate	substantiate	VERB
dem-16103	217	43	the	the	DET
dem-16103	217	44	data	datum	NOUN
dem-16103	217	45	to	to	PART
dem-16103	217	46	be	be	AUX
dem-16103	217	47	stationary	stationary	ADJ
dem-16103	217	48	at	at	ADP
dem-16103	217	49	the	the	DET
dem-16103	217	50	first	first	ADJ
dem-16103	217	51	difference	difference	NOUN
dem-16103	217	52	.	.	PUNCT
dem-16103	218	1	in	in	ADP
dem-16103	218	2	other	other	ADJ
dem-16103	218	3	words	word	NOUN
dem-16103	218	4	,	,	PUNCT
dem-16103	218	5	authentication	authentication	NOUN
dem-16103	218	6	of	of	ADP
dem-16103	218	7	levin	levin	PROPN
dem-16103	218	8	,	,	PUNCT
dem-16103	218	9	lin	lin	PROPN
dem-16103	218	10	and	and	CCONJ
dem-16103	218	11	chu	chu	PROPN
dem-16103	218	12	t	t	PROPN
dem-16103	218	13	stat	stat	PROPN
dem-16103	218	14	;	;	PUNCT
dem-16103	218	15	i	i	PRON
dem-16103	218	16	m	m	PROPN
dem-16103	218	17	,	,	PUNCT
dem-16103	218	18	pesaran	pesaran	NOUN
dem-16103	218	19	and	and	CCONJ
dem-16103	218	20	shin	shin	NOUN
dem-16103	218	21	,	,	PUNCT
dem-16103	218	22	w	w	NOUN
dem-16103	218	23	-	-	PUNCT
dem-16103	218	24	stat	stat	NOUN
dem-16103	218	25	;	;	PUNCT
dem-16103	218	26	adf	adf	PROPN
dem-16103	218	27	-	-	PUNCT
dem-16103	218	28	fisher	fisher	PROPN
dem-16103	218	29	,	,	PUNCT
dem-16103	218	30	chi	chi	NOUN
dem-16103	218	31	-	-	PUNCT
dem-16103	218	32	square	square	ADJ
dem-16103	218	33	;	;	PUNCT
dem-16103	218	34	pp	pp	PROPN
dem-16103	218	35	-	-	PUNCT
dem-16103	218	36	fisher	fisher	NOUN
dem-16103	218	37	,	,	PUNCT
dem-16103	218	38	chi	chi	ADJ
dem-16103	218	39	-	-	PUNCT
dem-16103	218	40	square	square	ADJ
dem-16103	218	41	statistics	statistic	NOUN
dem-16103	218	42	less	less	ADJ
dem-16103	218	43	than	than	ADP
dem-16103	218	44	the	the	DET
dem-16103	218	45	critical	critical	ADJ
dem-16103	218	46	value	value	NOUN
dem-16103	218	47	of	of	ADP
dem-16103	218	48	1	1	NUM
dem-16103	218	49	per	per	ADP
dem-16103	218	50	cent	cent	NOUN
dem-16103	218	51	level	level	NOUN
dem-16103	218	52	of	of	ADP
dem-16103	218	53	significance	significance	NOUN
dem-16103	218	54	authenticate	authenticate	VERB
dem-16103	218	55	the	the	DET
dem-16103	218	56	rejection	rejection	NOUN
dem-16103	218	57	of	of	ADP
dem-16103	218	58	null	null	ADJ
dem-16103	218	59	hypothesis	hypothesis	NOUN
dem-16103	218	60	,	,	PUNCT
dem-16103	218	61	thus	thus	ADV
dem-16103	218	62	,	,	PUNCT
dem-16103	218	63	validating	validate	VERB
dem-16103	218	64	the	the	DET
dem-16103	218	65	absence	absence	NOUN
dem-16103	218	66	of	of	ADP
dem-16103	218	67	unit	unit	NOUN
dem-16103	218	68	root	root	NOUN
dem-16103	218	69	in	in	ADP
dem-16103	218	70	the	the	DET
dem-16103	218	71	first	first	ADJ
dem-16103	218	72	differenced	differenced	ADJ
dem-16103	218	73	variables	variable	NOUN
dem-16103	218	74	except	except	SCONJ
dem-16103	218	75	for	for	ADP
dem-16103	218	76	number	number	NOUN
dem-16103	218	77	of	of	ADP
dem-16103	218	78	bank	bank	NOUN
dem-16103	218	79	branches	branch	NOUN
dem-16103	218	80	and	and	CCONJ
dem-16103	218	81	outstanding	outstanding	ADJ
dem-16103	218	82	credit	credit	NOUN
dem-16103	218	83	.	.	PUNCT
dem-16103	219	1	these	these	DET
dem-16103	219	2	results	result	NOUN
dem-16103	219	3	imply	imply	VERB
dem-16103	219	4	that	that	SCONJ
dem-16103	219	5	for	for	ADP
dem-16103	219	6	the	the	DET
dem-16103	219	7	respective	respective	ADJ
dem-16103	219	8	states	state	NOUN
dem-16103	219	9	the	the	DET
dem-16103	219	10	variables	variable	NOUN
dem-16103	219	11	are	be	AUX
dem-16103	219	12	integrated	integrate	VERB
dem-16103	219	13	of	of	ADP
dem-16103	219	14	order	order	NOUN
dem-16103	219	15	one	one	NUM
dem-16103	219	16	i(1	i(1	NOUN
dem-16103	219	17	)	)	PUNCT
dem-16103	219	18	.	.	PUNCT
dem-16103	220	1	comparison	comparison	NOUN
dem-16103	220	2	of	of	ADP
dem-16103	220	3	the	the	DET
dem-16103	220	4	results	result	NOUN
dem-16103	220	5	of	of	ADP
dem-16103	220	6	both	both	CCONJ
dem-16103	220	7	the	the	DET
dem-16103	220	8	first	first	ADJ
dem-16103	220	9	generation	generation	NOUN
dem-16103	220	10	unit	unit	NOUN
dem-16103	220	11	root	root	NOUN
dem-16103	220	12	test	test	NOUN
dem-16103	220	13	with	with	ADP
dem-16103	220	14	that	that	PRON
dem-16103	220	15	of	of	ADP
dem-16103	220	16	the	the	DET
dem-16103	220	17	second	second	ADJ
dem-16103	220	18	generation	generation	NOUN
dem-16103	220	19	unit	unit	NOUN
dem-16103	220	20	root	root	NOUN
dem-16103	220	21	provides	provide	VERB
dem-16103	220	22	consistent	consistent	ADJ
dem-16103	220	23	results	result	NOUN
dem-16103	220	24	for	for	ADP
dem-16103	220	25	most	most	ADJ
dem-16103	220	26	of	of	ADP
dem-16103	220	27	the	the	DET
dem-16103	220	28	indicators	indicator	NOUN
dem-16103	220	29	of	of	ADP
dem-16103	220	30	financial	financial	ADJ
dem-16103	220	31	development	development	NOUN
dem-16103	220	32	as	as	ADV
dem-16103	220	33	well	well	ADV
dem-16103	220	34	as	as	ADP
dem-16103	220	35	of	of	ADP
dem-16103	220	36	the	the	DET
dem-16103	220	37	economic	economic	ADJ
dem-16103	220	38	growth	growth	NOUN
dem-16103	220	39	.	.	PUNCT
dem-16103	221	1	however	however	ADV
dem-16103	221	2	,	,	PUNCT
dem-16103	221	3	the	the	DET
dem-16103	221	4	variables	variables	ADJ
dem-16103	221	5	number	number	NOUN
dem-16103	221	6	of	of	ADP
dem-16103	221	7	bank	bank	NOUN
dem-16103	221	8	branches	branch	NOUN
dem-16103	221	9	and	and	CCONJ
dem-16103	221	10	population	population	NOUN
dem-16103	221	11	per	per	ADP
dem-16103	221	12	office	office	NOUN
dem-16103	221	13	are	be	AUX
dem-16103	221	14	i(1	i(1	NOUN
dem-16103	221	15	)	)	PUNCT
dem-16103	221	16	in	in	ADP
dem-16103	221	17	one	one	NUM
dem-16103	221	18	type	type	NOUN
dem-16103	221	19	of	of	ADP
dem-16103	221	20	test	test	NOUN
dem-16103	221	21	but	but	CCONJ
dem-16103	221	22	not	not	PART
dem-16103	221	23	in	in	ADP
dem-16103	221	24	the	the	DET
dem-16103	221	25	other	other	ADJ
dem-16103	221	26	,	,	PUNCT
dem-16103	221	27	so	so	SCONJ
dem-16103	221	28	the	the	DET
dem-16103	221	29	present	present	ADJ
dem-16103	221	30	study	study	NOUN
dem-16103	221	31	proceeds	proceed	VERB
dem-16103	221	32	with	with	ADP
dem-16103	221	33	both	both	DET
dem-16103	221	34	number	number	NOUN
dem-16103	221	35	of	of	ADP
dem-16103	221	36	bank	bank	NOUN
dem-16103	221	37	branches	branch	NOUN
dem-16103	221	38	as	as	ADV
dem-16103	221	39	well	well	ADV
dem-16103	221	40	as	as	ADP
dem-16103	221	41	population	population	NOUN
dem-16103	221	42	covered	cover	VERB
dem-16103	221	43	by	by	ADP
dem-16103	221	44	the	the	DET
dem-16103	221	45	banks	bank	NOUN
dem-16103	221	46	for	for	ADP
dem-16103	221	47	further	further	ADJ
dem-16103	221	48	analysis	analysis	NOUN
dem-16103	221	49	as	as	SCONJ
dem-16103	221	50	deleting	delete	VERB
dem-16103	221	51	a	a	DET
dem-16103	221	52	variable	variable	NOUN
dem-16103	221	53	for	for	ADP
dem-16103	221	54	analysis	analysis	NOUN
dem-16103	221	55	is	be	AUX
dem-16103	221	56	not	not	PART
dem-16103	221	57	appropriate	appropriate	ADJ
dem-16103	221	58	.	.	PUNCT
dem-16103	222	1	however	however	ADV
dem-16103	222	2	,	,	PUNCT
dem-16103	222	3	outstanding	outstanding	ADJ
dem-16103	222	4	credit	credit	NOUN
dem-16103	222	5	is	be	AUX
dem-16103	222	6	not	not	PART
dem-16103	222	7	taken	take	VERB
dem-16103	222	8	into	into	ADP
dem-16103	222	9	consideration	consideration	NOUN
dem-16103	222	10	for	for	ADP
dem-16103	222	11	further	further	ADJ
dem-16103	222	12	analysis	analysis	NOUN
dem-16103	222	13	as	as	ADP
dem-16103	222	14	the	the	DET
dem-16103	222	15	results	result	NOUN
dem-16103	222	16	of	of	ADP
dem-16103	222	17	both	both	CCONJ
dem-16103	222	18	first	first	ADV
dem-16103	222	19	as	as	ADV
dem-16103	222	20	well	well	ADV
dem-16103	222	21	as	as	ADP
dem-16103	222	22	the	the	DET
dem-16103	222	23	second	second	ADJ
dem-16103	222	24	generation	generation	NOUN
dem-16103	222	25	unit	unit	NOUN
dem-16103	222	26	root	root	NOUN
dem-16103	222	27	dynamics	dynamic	NOUN
dem-16103	222	28	of	of	ADP
dem-16103	222	29	financial	financial	ADJ
dem-16103	222	30	development	development	NOUN
dem-16103	222	31	and	and	CCONJ
dem-16103	222	32	economic	economic	ADJ
dem-16103	222	33	growth	growth	NOUN
dem-16103	222	34	:	:	PUNCT
dem-16103	222	35	panel	panel	NOUN
dem-16103	222	36	data	data	VERB
dem-16103	222	37	analysis	analysis	NOUN
dem-16103	222	38	…	…	SYM
dem-16103	222	39	dynamic	dynamic	ADJ
dem-16103	222	40	econometric	econometric	ADJ
dem-16103	222	41	models	model	NOUN
dem-16103	222	42	18	18	NUM
dem-16103	222	43	(	(	PUNCT
dem-16103	222	44	2018	2018	NUM
dem-16103	222	45	)	)	PUNCT
dem-16103	222	46	5–34	5–34	NOUN
dem-16103	222	47	21	21	NUM
dem-16103	222	48	test	test	NOUN
dem-16103	222	49	substantiate	substantiate	NOUN
dem-16103	222	50	that	that	SCONJ
dem-16103	222	51	the	the	DET
dem-16103	222	52	variable	variable	NOUN
dem-16103	222	53	is	be	AUX
dem-16103	222	54	stationary	stationary	ADJ
dem-16103	222	55	and	and	CCONJ
dem-16103	222	56	hence	hence	ADV
dem-16103	222	57	ca	can	AUX
dem-16103	222	58	n’t	not	PART
dem-16103	222	59	be	be	AUX
dem-16103	222	60	taken	take	VERB
dem-16103	222	61	for	for	ADP
dem-16103	222	62	further	further	ADJ
dem-16103	222	63	analysis	analysis	NOUN
dem-16103	222	64	.	.	PUNCT
dem-16103	223	1	the	the	DET
dem-16103	223	2	results	result	NOUN
dem-16103	223	3	of	of	ADP
dem-16103	223	4	the	the	DET
dem-16103	223	5	panel	panel	NOUN
dem-16103	223	6	unit	unit	NOUN
dem-16103	223	7	root	root	PROPN
dem-16103	223	8	test	test	NOUN
dem-16103	223	9	suggest	suggest	VERB
dem-16103	223	10	that	that	SCONJ
dem-16103	223	11	the	the	DET
dem-16103	223	12	variables	variable	NOUN
dem-16103	223	13	under	under	ADP
dem-16103	223	14	consideration	consideration	NOUN
dem-16103	223	15	are	be	AUX
dem-16103	223	16	non	non	ADJ
dem-16103	223	17	-	-	ADJ
dem-16103	223	18	stationary	stationary	ADJ
dem-16103	223	19	in	in	ADP
dem-16103	223	20	their	their	PRON
dem-16103	223	21	level	level	NOUN
dem-16103	223	22	forms	form	NOUN
dem-16103	223	23	and	and	CCONJ
dem-16103	223	24	thus	thus	ADV
dem-16103	223	25	,	,	PUNCT
dem-16103	223	26	the	the	DET
dem-16103	223	27	application	application	NOUN
dem-16103	223	28	of	of	ADP
dem-16103	223	29	ols	ols	PROPN
dem-16103	223	30	/	/	SYM
dem-16103	223	31	gls	gls	PROPN
dem-16103	223	32	or	or	CCONJ
dem-16103	223	33	other	other	ADJ
dem-16103	223	34	techniques	technique	NOUN
dem-16103	223	35	would	would	AUX
dem-16103	223	36	yield	yield	VERB
dem-16103	223	37	inconsistent	inconsistent	ADJ
dem-16103	223	38	and	and	CCONJ
dem-16103	223	39	biased	biased	ADJ
dem-16103	223	40	results	result	NOUN
dem-16103	223	41	(	(	PUNCT
dem-16103	223	42	ramirez	ramirez	NOUN
dem-16103	223	43	,	,	PUNCT
dem-16103	223	44	2006	2006	NUM
dem-16103	223	45	)	)	PUNCT
dem-16103	223	46	.	.	PUNCT
dem-16103	224	1	thus	thus	ADV
dem-16103	224	2	,	,	PUNCT
dem-16103	224	3	it	it	PRON
dem-16103	224	4	becomes	become	VERB
dem-16103	224	5	necessary	necessary	ADJ
dem-16103	224	6	to	to	PART
dem-16103	224	7	move	move	VERB
dem-16103	224	8	forward	forward	ADV
dem-16103	224	9	towards	towards	ADP
dem-16103	224	10	panel	panel	NOUN
dem-16103	224	11	cointegration	cointegration	NOUN
dem-16103	224	12	analysis	analysis	NOUN
dem-16103	224	13	to	to	PART
dem-16103	224	14	test	test	VERB
dem-16103	224	15	the	the	DET
dem-16103	224	16	long	long	ADV
dem-16103	224	17	-	-	PUNCT
dem-16103	224	18	run	run	NOUN
dem-16103	224	19	relationship	relationship	NOUN
dem-16103	224	20	,	,	PUNCT
dem-16103	224	21	if	if	SCONJ
dem-16103	224	22	exists	exist	VERB
dem-16103	224	23	,	,	PUNCT
dem-16103	224	24	between	between	ADP
dem-16103	224	25	the	the	DET
dem-16103	224	26	variables	variable	NOUN
dem-16103	224	27	.	.	PUNCT
dem-16103	225	1	the	the	DET
dem-16103	225	2	panel	panel	NOUN
dem-16103	225	3	cointegration	cointegration	NOUN
dem-16103	225	4	test	test	NOUN
dem-16103	225	5	examines	examine	VERB
dem-16103	225	6	the	the	DET
dem-16103	225	7	presence	presence	NOUN
dem-16103	225	8	of	of	ADP
dem-16103	225	9	a	a	DET
dem-16103	225	10	long	long	ADV
dem-16103	225	11	-	-	PUNCT
dem-16103	225	12	run	run	NOUN
dem-16103	225	13	relationship	relationship	NOUN
dem-16103	225	14	between	between	ADP
dem-16103	225	15	the	the	DET
dem-16103	225	16	variables	variable	NOUN
dem-16103	225	17	(	(	PUNCT
dem-16103	225	18	ghali	ghali	NOUN
dem-16103	225	19	,	,	PUNCT
dem-16103	225	20	1998	1998	NUM
dem-16103	225	21	;	;	PUNCT
dem-16103	225	22	and	and	CCONJ
dem-16103	225	23	basu	basu	PROPN
dem-16103	225	24	et	et	PROPN
dem-16103	225	25	al	al	PROPN
dem-16103	225	26	.	.	PROPN
dem-16103	225	27	,	,	PUNCT
dem-16103	225	28	2003	2003	NUM
dem-16103	225	29	)	)	PUNCT
dem-16103	225	30	.	.	PUNCT
dem-16103	226	1	the	the	DET
dem-16103	226	2	cointegration	cointegration	NOUN
dem-16103	226	3	test	test	NOUN
dem-16103	226	4	is	be	AUX
dem-16103	226	5	estimated	estimate	VERB
dem-16103	226	6	using	use	VERB
dem-16103	226	7	the	the	DET
dem-16103	226	8	pedroni	pedroni	NOUN
dem-16103	226	9	(	(	PUNCT
dem-16103	226	10	1999	1999	NUM
dem-16103	226	11	,	,	PUNCT
dem-16103	226	12	2004	2004	NUM
dem-16103	226	13	)	)	PUNCT
dem-16103	226	14	as	as	ADV
dem-16103	226	15	well	well	ADV
dem-16103	226	16	as	as	ADP
dem-16103	226	17	through	through	ADP
dem-16103	226	18	westerlund	westerlund	NOUN
dem-16103	226	19	(	(	PUNCT
dem-16103	226	20	2007	2007	NUM
dem-16103	226	21	)	)	PUNCT
dem-16103	226	22	test	test	NOUN
dem-16103	226	23	which	which	PRON
dem-16103	226	24	takes	take	VERB
dem-16103	226	25	the	the	DET
dem-16103	226	26	cross	cross	ADJ
dem-16103	226	27	-	-	ADJ
dem-16103	226	28	section	section	ADJ
dem-16103	226	29	dependence	dependence	NOUN
dem-16103	226	30	aspect	aspect	NOUN
dem-16103	226	31	also	also	ADV
dem-16103	226	32	.	.	PUNCT
dem-16103	227	1	the	the	DET
dem-16103	227	2	pedroni	pedroni	NOUN
dem-16103	227	3	(	(	PUNCT
dem-16103	227	4	1999	1999	NUM
dem-16103	227	5	,	,	PUNCT
dem-16103	227	6	2004	2004	NUM
dem-16103	227	7	)	)	PUNCT
dem-16103	227	8	test	test	NOUN
dem-16103	227	9	provides	provide	VERB
dem-16103	227	10	seven	seven	NUM
dem-16103	227	11	statistics	statistic	NOUN
dem-16103	227	12	and	and	CCONJ
dem-16103	227	13	which	which	PRON
dem-16103	227	14	are	be	AUX
dem-16103	227	15	further	far	ADV
dem-16103	227	16	grouped	group	VERB
dem-16103	227	17	into	into	ADP
dem-16103	227	18	two	two	NUM
dem-16103	227	19	sub	sub	NOUN
dem-16103	227	20	-	-	NOUN
dem-16103	227	21	dimensions	dimension	NOUN
dem-16103	227	22	:	:	PUNCT
dem-16103	227	23	the	the	DET
dem-16103	227	24	“	"	PUNCT
dem-16103	227	25	panel	panel	NOUN
dem-16103	227	26	statistics	statistic	NOUN
dem-16103	227	27	”	"	PUNCT
dem-16103	227	28	or	or	CCONJ
dem-16103	227	29	“	"	PUNCT
dem-16103	227	30	within	within	ADP
dem-16103	227	31	dimension	dimension	NOUN
dem-16103	227	32	,	,	PUNCT
dem-16103	227	33	”	"	PUNCT
dem-16103	227	34	which	which	PRON
dem-16103	227	35	corresponds	correspond	VERB
dem-16103	227	36	to	to	ADP
dem-16103	227	37	the	the	DET
dem-16103	227	38	unit	unit	NOUN
dem-16103	227	39	root	root	NOUN
dem-16103	227	40	statistic	statistic	PROPN
dem-16103	227	41	against	against	ADP
dem-16103	227	42	homogenous	homogenous	ADJ
dem-16103	227	43	alternatives	alternative	NOUN
dem-16103	227	44	(	(	PUNCT
dem-16103	227	45	breitung	breitung	NOUN
dem-16103	227	46	and	and	CCONJ
dem-16103	227	47	pesaran	pesaran	VERB
dem-16103	227	48	,	,	PUNCT
dem-16103	227	49	2008	2008	NUM
dem-16103	227	50	)	)	PUNCT
dem-16103	227	51	;	;	PUNCT
dem-16103	227	52	and	and	CCONJ
dem-16103	227	53	the	the	DET
dem-16103	227	54	“	"	PUNCT
dem-16103	227	55	group	group	NOUN
dem-16103	227	56	mean	mean	PROPN
dem-16103	227	57	statistics	statistic	NOUN
dem-16103	227	58	”	"	PUNCT
dem-16103	227	59	or	or	CCONJ
dem-16103	227	60	“	"	PUNCT
dem-16103	227	61	between	between	ADP
dem-16103	227	62	dimension	dimension	NOUN
dem-16103	227	63	,	,	PUNCT
dem-16103	227	64	”	"	PUNCT
dem-16103	227	65	which	which	PRON
dem-16103	227	66	involve	involve	VERB
dem-16103	227	67	the	the	DET
dem-16103	227	68	averaging	averaging	NOUN
dem-16103	227	69	of	of	ADP
dem-16103	227	70	the	the	DET
dem-16103	227	71	individually	individually	ADV
dem-16103	227	72	estimated	estimate	VERB
dem-16103	227	73	autoregressive	autoregressive	ADJ
dem-16103	227	74	coefficients	coefficient	NOUN
dem-16103	227	75	for	for	ADP
dem-16103	227	76	each	each	DET
dem-16103	227	77	country	country	NOUN
dem-16103	227	78	,	,	PUNCT
dem-16103	227	79	individually	individually	ADV
dem-16103	227	80	.	.	PUNCT
dem-16103	228	1	the	the	DET
dem-16103	228	2	null	null	ADJ
dem-16103	228	3	hypothesis	hypothesis	NOUN
dem-16103	228	4	for	for	ADP
dem-16103	228	5	all	all	DET
dem-16103	228	6	the	the	DET
dem-16103	228	7	seven	seven	NUM
dem-16103	228	8	pedroni	pedroni	NOUN
dem-16103	228	9	tests	test	NOUN
dem-16103	228	10	is	be	AUX
dem-16103	228	11	that	that	SCONJ
dem-16103	228	12	there	there	PRON
dem-16103	228	13	is	be	VERB
dem-16103	228	14	no	no	DET
dem-16103	228	15	cointegration	cointegration	NOUN
dem-16103	228	16	between	between	ADP
dem-16103	228	17	variables	variable	NOUN
dem-16103	228	18	involved	involve	VERB
dem-16103	228	19	in	in	ADP
dem-16103	228	20	the	the	DET
dem-16103	228	21	model	model	NOUN
dem-16103	228	22	.	.	PUNCT
dem-16103	229	1	another	another	DET
dem-16103	229	2	important	important	ADJ
dem-16103	229	3	aspect	aspect	NOUN
dem-16103	229	4	of	of	ADP
dem-16103	229	5	the	the	DET
dem-16103	229	6	pedroni	pedroni	NOUN
dem-16103	229	7	(	(	PUNCT
dem-16103	229	8	1999	1999	NUM
dem-16103	229	9	,	,	PUNCT
dem-16103	229	10	2004	2004	NUM
dem-16103	229	11	)	)	PUNCT
dem-16103	229	12	statistics	statistic	NOUN
dem-16103	229	13	is	be	AUX
dem-16103	229	14	analysis	analysis	NOUN
dem-16103	229	15	of	of	ADP
dem-16103	229	16	the	the	DET
dem-16103	229	17	test	test	NOUN
dem-16103	229	18	using	use	VERB
dem-16103	229	19	critical	critical	ADJ
dem-16103	229	20	value	value	NOUN
dem-16103	229	21	of	of	ADP
dem-16103	229	22	−1.64	−1.64	X
dem-16103	229	23	.	.	PUNCT
dem-16103	230	1	this	this	PRON
dem-16103	230	2	means	mean	VERB
dem-16103	230	3	that	that	SCONJ
dem-16103	230	4	a	a	DET
dem-16103	230	5	test	test	NOUN
dem-16103	230	6	statistic	statistic	NOUN
dem-16103	230	7	of	of	ADP
dem-16103	230	8	less	less	ADJ
dem-16103	230	9	than	than	SCONJ
dem-16103	230	10	−1.64	−1.64	NOUN
dem-16103	230	11	implies	imply	VERB
dem-16103	230	12	rejection	rejection	NOUN
dem-16103	230	13	of	of	ADP
dem-16103	230	14	the	the	DET
dem-16103	230	15	null	null	NOUN
dem-16103	230	16	for	for	ADP
dem-16103	230	17	all	all	DET
dem-16103	230	18	other	other	ADJ
dem-16103	230	19	tests	test	NOUN
dem-16103	230	20	except	except	SCONJ
dem-16103	230	21	the	the	DET
dem-16103	230	22	v	v	NOUN
dem-16103	230	23	-	-	NOUN
dem-16103	230	24	statistic	statistic	NOUN
dem-16103	230	25	.	.	PUNCT
dem-16103	231	1	for	for	ADP
dem-16103	231	2	the	the	DET
dem-16103	231	3	panel	panel	NOUN
dem-16103	231	4	-	-	PUNCT
dem-16103	231	5	v	v	NOUN
dem-16103	231	6	,	,	PUNCT
dem-16103	231	7	the	the	DET
dem-16103	231	8	critical	critical	ADJ
dem-16103	231	9	value	value	NOUN
dem-16103	231	10	is	be	AUX
dem-16103	231	11	1.64	1.64	NUM
dem-16103	231	12	.	.	PUNCT
dem-16103	232	1	thus	thus	ADV
dem-16103	232	2	,	,	PUNCT
dem-16103	232	3	a	a	DET
dem-16103	232	4	test	test	NOUN
dem-16103	232	5	statistic	statistic	NOUN
dem-16103	232	6	greater	great	ADJ
dem-16103	232	7	than	than	ADP
dem-16103	232	8	1.64	1.64	NUM
dem-16103	232	9	indicates	indicate	VERB
dem-16103	232	10	that	that	SCONJ
dem-16103	232	11	the	the	DET
dem-16103	232	12	null	null	ADJ
dem-16103	232	13	hypothesis	hypothesis	NOUN
dem-16103	232	14	of	of	ADP
dem-16103	232	15	no	no	DET
dem-16103	232	16	cointegration	cointegration	NOUN
dem-16103	232	17	is	be	AUX
dem-16103	232	18	rejected	reject	VERB
dem-16103	232	19	.	.	PUNCT
dem-16103	233	1	according	accord	VERB
dem-16103	233	2	to	to	ADP
dem-16103	233	3	lund	lund	PROPN
dem-16103	233	4	(	(	PUNCT
dem-16103	233	5	2010	2010	NUM
dem-16103	233	6	)	)	PUNCT
dem-16103	233	7	if	if	SCONJ
dem-16103	233	8	the	the	DET
dem-16103	233	9	results	result	NOUN
dem-16103	233	10	indicate	indicate	VERB
dem-16103	233	11	inconsistency	inconsistency	NOUN
dem-16103	233	12	,	,	PUNCT
dem-16103	233	13	the	the	DET
dem-16103	233	14	panel	panel	NOUN
dem-16103	233	15	adf	adf	PROPN
dem-16103	233	16	and	and	CCONJ
dem-16103	233	17	group	group	PROPN
dem-16103	233	18	adf	adf	PROPN
dem-16103	233	19	should	should	AUX
dem-16103	233	20	be	be	AUX
dem-16103	233	21	implemented	implement	VERB
dem-16103	233	22	.	.	PUNCT
dem-16103	234	1	the	the	DET
dem-16103	234	2	result	result	NOUN
dem-16103	234	3	of	of	ADP
dem-16103	234	4	pedroni	pedroni	NOUN
dem-16103	234	5	’s	’s	PART
dem-16103	234	6	cointegration	cointegration	NOUN
dem-16103	234	7	between	between	ADP
dem-16103	234	8	number	number	NOUN
dem-16103	234	9	of	of	ADP
dem-16103	234	10	credit	credit	NOUN
dem-16103	234	11	accounts	account	NOUN
dem-16103	234	12	and	and	CCONJ
dem-16103	234	13	sdp	sdp	NOUN
dem-16103	234	14	of	of	ADP
dem-16103	234	15	the	the	DET
dem-16103	234	16	respective	respective	ADJ
dem-16103	234	17	states	state	NOUN
dem-16103	234	18	suggests	suggest	VERB
dem-16103	234	19	that	that	SCONJ
dem-16103	234	20	all	all	DET
dem-16103	234	21	the	the	DET
dem-16103	234	22	four	four	NUM
dem-16103	234	23	within	within	ADP
dem-16103	234	24	dimensions	dimension	NOUN
dem-16103	234	25	panel	panel	NOUN
dem-16103	234	26	cointegration	cointegration	NOUN
dem-16103	234	27	test	test	NOUN
dem-16103	234	28	for	for	ADP
dem-16103	234	29	the	the	DET
dem-16103	234	30	respective	respective	ADJ
dem-16103	234	31	states	state	NOUN
dem-16103	234	32	reject	reject	VERB
dem-16103	234	33	the	the	DET
dem-16103	234	34	null	null	ADJ
dem-16103	234	35	hypothesis	hypothesis	NOUN
dem-16103	234	36	of	of	ADP
dem-16103	234	37	no	no	DET
dem-16103	234	38	cointegration	cointegration	NOUN
dem-16103	234	39	between	between	ADP
dem-16103	234	40	the	the	DET
dem-16103	234	41	variables	variable	NOUN
dem-16103	234	42	and	and	CCONJ
dem-16103	234	43	overall	overall	ADV
dem-16103	234	44	all	all	DET
dem-16103	234	45	the	the	DET
dem-16103	234	46	seven	seven	NUM
dem-16103	234	47	statistics	statistic	NOUN
dem-16103	234	48	too	too	ADV
dem-16103	234	49	rejected	reject	VERB
dem-16103	234	50	the	the	DET
dem-16103	234	51	null	null	ADJ
dem-16103	234	52	hypothesis	hypothesis	NOUN
dem-16103	234	53	of	of	ADP
dem-16103	234	54	no	no	DET
dem-16103	234	55	cointegration	cointegration	NOUN
dem-16103	234	56	at	at	ADP
dem-16103	234	57	1	1	NUM
dem-16103	234	58	per	per	ADP
dem-16103	234	59	cent	cent	NOUN
dem-16103	234	60	level	level	NOUN
dem-16103	234	61	of	of	ADP
dem-16103	234	62	significance	significance	NOUN
dem-16103	234	63	(	(	PUNCT
dem-16103	234	64	refer	refer	VERB
dem-16103	234	65	table	table	NOUN
dem-16103	234	66	5	5	NUM
dem-16103	234	67	)	)	PUNCT
dem-16103	234	68	.	.	PUNCT
dem-16103	235	1	similarly	similarly	ADV
dem-16103	235	2	,	,	PUNCT
dem-16103	235	3	for	for	ADP
dem-16103	235	4	the	the	DET
dem-16103	235	5	second	second	ADJ
dem-16103	235	6	situation	situation	NOUN
dem-16103	235	7	of	of	ADP
dem-16103	235	8	number	number	NOUN
dem-16103	235	9	of	of	ADP
dem-16103	235	10	debit	debit	NOUN
dem-16103	235	11	accounts	account	NOUN
dem-16103	235	12	and	and	CCONJ
dem-16103	235	13	sdp	sdp	NOUN
dem-16103	235	14	of	of	ADP
dem-16103	235	15	the	the	DET
dem-16103	235	16	selected	select	VERB
dem-16103	235	17	states	state	NOUN
dem-16103	235	18	suggests	suggest	VERB
dem-16103	235	19	that	that	SCONJ
dem-16103	235	20	all	all	DET
dem-16103	235	21	the	the	DET
dem-16103	235	22	seven	seven	NUM
dem-16103	235	23	statistics	statistic	NOUN
dem-16103	235	24	are	be	AUX
dem-16103	235	25	statistically	statistically	ADV
dem-16103	235	26	significant	significant	ADJ
dem-16103	235	27	and	and	CCONJ
dem-16103	235	28	thus	thus	ADV
dem-16103	235	29	,	,	PUNCT
dem-16103	235	30	rejected	reject	VERB
dem-16103	235	31	the	the	DET
dem-16103	235	32	null	null	ADJ
dem-16103	235	33	hypothesis	hypothesis	NOUN
dem-16103	235	34	of	of	ADP
dem-16103	235	35	no	no	DET
dem-16103	235	36	cointegration	cointegration	NOUN
dem-16103	235	37	.	.	PUNCT
dem-16103	236	1	similar	similar	ADJ
dem-16103	236	2	results	result	NOUN
dem-16103	236	3	are	be	AUX
dem-16103	236	4	obtained	obtain	VERB
dem-16103	236	5	both	both	PRON
dem-16103	236	6	in	in	ADP
dem-16103	236	7	case	case	NOUN
dem-16103	236	8	of	of	ADP
dem-16103	236	9	population	population	NOUN
dem-16103	236	10	per	per	ADP
dem-16103	236	11	office	office	NOUN
dem-16103	236	12	and	and	CCONJ
dem-16103	236	13	number	number	NOUN
dem-16103	236	14	of	of	ADP
dem-16103	236	15	bank	bank	NOUN
dem-16103	236	16	branches	branch	NOUN
dem-16103	236	17	as	as	ADV
dem-16103	236	18	well	well	ADV
dem-16103	236	19	.	.	PUNCT
dem-16103	237	1	in	in	ADP
dem-16103	237	2	a	a	DET
dem-16103	237	3	similar	similar	ADJ
dem-16103	237	4	way	way	NOUN
dem-16103	237	5	,	,	PUNCT
dem-16103	237	6	the	the	DET
dem-16103	237	7	relationship	relationship	NOUN
dem-16103	237	8	of	of	ADP
dem-16103	237	9	per	per	ADP
dem-16103	237	10	capita	capita	NOUN
dem-16103	237	11	credit	credit	NOUN
dem-16103	237	12	and	and	CCONJ
dem-16103	237	13	per	per	ADP
dem-16103	237	14	capita	capita	X
dem-16103	237	15	sdp	sdp	NOUN
dem-16103	237	16	also	also	ADV
dem-16103	237	17	reject	reject	VERB
dem-16103	237	18	the	the	DET
dem-16103	237	19	null	null	ADJ
dem-16103	237	20	hypothesis	hypothesis	NOUN
dem-16103	237	21	for	for	ADP
dem-16103	237	22	all	all	DET
dem-16103	237	23	the	the	DET
dem-16103	237	24	pedroni	pedroni	NOUN
dem-16103	237	25	(	(	PUNCT
dem-16103	237	26	2004	2004	NUM
dem-16103	237	27	)	)	PUNCT
dem-16103	237	28	major	major	ADJ
dem-16103	237	29	statistics	statistic	NOUN
dem-16103	237	30	.	.	PUNCT
dem-16103	238	1	likewise	likewise	ADV
dem-16103	238	2	,	,	PUNCT
dem-16103	238	3	the	the	DET
dem-16103	238	4	relationship	relationship	NOUN
dem-16103	238	5	between	between	ADP
dem-16103	238	6	per	per	ADP
dem-16103	238	7	capita	capita	NOUN
dem-16103	238	8	deposits	deposit	NOUN
dem-16103	238	9	and	and	CCONJ
dem-16103	238	10	per	per	ADP
dem-16103	238	11	capita	capita	X
dem-16103	238	12	sdp	sdp	NOUN
dem-16103	238	13	too	too	ADV
dem-16103	238	14	reveals	reveal	VERB
dem-16103	238	15	that	that	SCONJ
dem-16103	238	16	all	all	DET
dem-16103	238	17	the	the	DET
dem-16103	238	18	seven	seven	NUM
dem-16103	238	19	statistics	statistic	NOUN
dem-16103	238	20	are	be	AUX
dem-16103	238	21	significantly	significantly	ADV
dem-16103	238	22	rejecting	reject	VERB
dem-16103	238	23	the	the	DET
dem-16103	238	24	null	null	NOUN
dem-16103	238	25	of	of	ADP
dem-16103	238	26	no	no	DET
dem-16103	238	27	cointegration	cointegration	NOUN
dem-16103	238	28	.	.	PUNCT
dem-16103	239	1	the	the	DET
dem-16103	239	2	panel	panel	NOUN
dem-16103	239	3	adf	adf	PROPN
dem-16103	239	4	and	and	CCONJ
dem-16103	239	5	group	group	PROPN
dem-16103	239	6	adf	adf	PROPN
dem-16103	239	7	show	show	VERB
dem-16103	239	8	consistent	consistent	ADJ
dem-16103	239	9	results	result	NOUN
dem-16103	239	10	.	.	PUNCT
dem-16103	240	1	the	the	DET
dem-16103	240	2	pedroni	pedroni	NOUN
dem-16103	240	3	(	(	PUNCT
dem-16103	240	4	2000	2000	NUM
dem-16103	240	5	)	)	PUNCT
dem-16103	240	6	test	test	NOUN
dem-16103	240	7	rejected	reject	VERB
dem-16103	240	8	the	the	DET
dem-16103	240	9	null	null	ADJ
dem-16103	240	10	hypothesis	hypothesis	NOUN
dem-16103	240	11	of	of	ADP
dem-16103	240	12	no	no	DET
dem-16103	240	13	cointegrashravani	cointegrashravani	NOUN
dem-16103	240	14	sharma	sharma	PROPN
dem-16103	240	15	and	and	CCONJ
dem-16103	240	16	supran	supran	PROPN
dem-16103	240	17	kumar	kumar	PROPN
dem-16103	240	18	dynamic	dynamic	PROPN
dem-16103	240	19	econometric	econometric	ADJ
dem-16103	240	20	models	model	NOUN
dem-16103	240	21	18	18	NUM
dem-16103	240	22	(	(	PUNCT
dem-16103	240	23	2018	2018	NUM
dem-16103	240	24	)	)	PUNCT
dem-16103	240	25	5–34	5–34	NOUN
dem-16103	240	26	22	22	NUM
dem-16103	240	27	tion	tion	NOUN
dem-16103	240	28	in	in	ADP
dem-16103	240	29	the	the	DET
dem-16103	240	30	important	important	ADJ
dem-16103	240	31	tests	test	NOUN
dem-16103	240	32	like	like	ADP
dem-16103	240	33	panel	panel	NOUN
dem-16103	240	34	variance	variance	NOUN
dem-16103	240	35	test	test	NOUN
dem-16103	240	36	,	,	PUNCT
dem-16103	240	37	panel	panel	NOUN
dem-16103	240	38	adf	adf	PROPN
dem-16103	240	39	and	and	CCONJ
dem-16103	240	40	group	group	PROPN
dem-16103	240	41	adf	adf	PROPN
dem-16103	240	42	thus	thus	ADV
dem-16103	240	43	,	,	PUNCT
dem-16103	240	44	on	on	ADP
dem-16103	240	45	the	the	DET
dem-16103	240	46	whole	whole	NOUN
dem-16103	240	47	,	,	PUNCT
dem-16103	240	48	the	the	DET
dem-16103	240	49	results	result	NOUN
dem-16103	240	50	of	of	ADP
dem-16103	240	51	the	the	DET
dem-16103	240	52	panel	panel	NOUN
dem-16103	240	53	cointegration	cointegration	NOUN
dem-16103	240	54	explicate	explicate	VERB
dem-16103	240	55	that	that	SCONJ
dem-16103	240	56	cointegration	cointegration	NOUN
dem-16103	240	57	lies	lie	VERB
dem-16103	240	58	in	in	ADP
dem-16103	240	59	all	all	DET
dem-16103	240	60	the	the	DET
dem-16103	240	61	specified	specified	ADJ
dem-16103	240	62	empirical	empirical	ADJ
dem-16103	240	63	models	model	NOUN
dem-16103	240	64	and	and	CCONJ
dem-16103	240	65	the	the	DET
dem-16103	240	66	results	result	NOUN
dem-16103	240	67	clearly	clearly	ADV
dem-16103	240	68	point	point	VERB
dem-16103	240	69	to	to	ADP
dem-16103	240	70	a	a	DET
dem-16103	240	71	statistically	statistically	ADV
dem-16103	240	72	significant	significant	ADJ
dem-16103	240	73	long	long	ADJ
dem-16103	240	74	-	-	PUNCT
dem-16103	240	75	run	run	NOUN
dem-16103	240	76	relationship	relationship	NOUN
dem-16103	240	77	between	between	ADP
dem-16103	240	78	sdp	sdp	NOUN
dem-16103	240	79	and	and	CCONJ
dem-16103	240	80	the	the	DET
dem-16103	240	81	discussed	discuss	VERB
dem-16103	240	82	financial	financial	ADJ
dem-16103	240	83	variables	variable	NOUN
dem-16103	240	84	in	in	ADP
dem-16103	240	85	different	different	ADJ
dem-16103	240	86	models	model	NOUN
dem-16103	240	87	.	.	PUNCT
dem-16103	241	1	table	table	NOUN
dem-16103	241	2	5	5	NUM
dem-16103	241	3	.	.	PUNCT
dem-16103	242	1	first	first	ADJ
dem-16103	242	2	generation	generation	NOUN
dem-16103	242	3	panel	panel	NOUN
dem-16103	242	4	cointegration	cointegration	PROPN
dem-16103	242	5	test	test	NOUN
dem-16103	242	6	pedroni	pedroni	NOUN
dem-16103	242	7	’s	’s	PART
dem-16103	242	8	cointegration	cointegration	NOUN
dem-16103	242	9	test	test	NOUN
dem-16103	242	10	method	method	NOUN
dem-16103	242	11	sdp	sdp	NOUN
dem-16103	242	12	and	and	CCONJ
dem-16103	242	13	ca	can	AUX
dem-16103	242	14	test	test	VERB
dem-16103	242	15	statistic(p	statistic(p	ADJ
dem-16103	242	16	-	-	PUNCT
dem-16103	242	17	value	value	NOUN
dem-16103	242	18	)	)	PUNCT
dem-16103	242	19	sdp	sdp	NOUN
dem-16103	242	20	–	–	PUNCT
dem-16103	242	21	da	da	PROPN
dem-16103	242	22	test	test	NOUN
dem-16103	242	23	statistic(p	statistic(p	NOUN
dem-16103	242	24	-	-	PUNCT
dem-16103	242	25	value	value	NOUN
dem-16103	242	26	)	)	PUNCT
dem-16103	242	27	sdp	sdp	NOUN
dem-16103	242	28	–	–	PUNCT
dem-16103	242	29	pop	pop	NOUN
dem-16103	242	30	test	test	NOUN
dem-16103	242	31	statistic(p	statistic(p	ADJ
dem-16103	242	32	-	-	PUNCT
dem-16103	242	33	value	value	NOUN
dem-16103	242	34	)	)	PUNCT
dem-16103	242	35	pcsdp	pcsdp	ADJ
dem-16103	242	36	–	–	PUNCT
dem-16103	242	37	pcc	pcc	NOUN
dem-16103	242	38	test	test	NOUN
dem-16103	242	39	statistic(pvalue	statistic(pvalue	PROPN
dem-16103	242	40	)	)	PUNCT
dem-16103	242	41	pcsdp	pcsdp	ADJ
dem-16103	242	42	–	–	PUNCT
dem-16103	242	43	pcda	pcda	ADJ
dem-16103	242	44	test	test	NOUN
dem-16103	242	45	statistic(pvalue	statistic(pvalue	PROPN
dem-16103	242	46	)	)	PUNCT
dem-16103	242	47	sdp	sdp	NOUN
dem-16103	242	48	–	–	PUNCT
dem-16103	242	49	nof	nof	PROPN
dem-16103	242	50	test	test	PROPN
dem-16103	242	51	statistic(p	statistic(p	NOUN
dem-16103	242	52	-	-	NOUN
dem-16103	242	53	value	value	NOUN
dem-16103	242	54	within	within	ADP
dem-16103	242	55	dimension	dimension	NOUN
dem-16103	242	56	/	/	SYM
dem-16103	242	57	panel	panel	NOUN
dem-16103	242	58	statistic	statistic	NOUN
dem-16103	242	59	panel	panel	NOUN
dem-16103	242	60	vstatistic	vstatistic	ADJ
dem-16103	242	61	(	(	PUNCT
dem-16103	242	62	+	+	NOUN
dem-16103	242	63	)	)	PUNCT
dem-16103	242	64	20.98	20.98	NUM
dem-16103	242	65	*	*	SYM
dem-16103	242	66	20.97	20.97	NUM
dem-16103	242	67	*	*	SYM
dem-16103	242	68	24.74	24.74	NUM
dem-16103	242	69	*	*	PUNCT
dem-16103	242	70	–	–	PUNCT
dem-16103	242	71	1.52	1.52	NUM
dem-16103	242	72	1.35	1.35	NUM
dem-16103	242	73	*	*	PUNCT
dem-16103	242	74	*	*	SYM
dem-16103	243	1	14.92	14.92	NUM
dem-16103	243	2	*	*	PUNCT
dem-16103	243	3	panel	panel	NOUN
dem-16103	243	4	ρstatistic	ρstatistic	ADJ
dem-16103	243	5	–	–	PUNCT
dem-16103	243	6	11.89	11.89	NUM
dem-16103	243	7	*	*	PUNCT
dem-16103	243	8	–	–	PUNCT
dem-16103	243	9	13.22	13.22	NUM
dem-16103	243	10	*	*	SYM
dem-16103	243	11	–	–	PUNCT
dem-16103	243	12	10.38	10.38	NUM
dem-16103	243	13	*	*	PUNCT
dem-16103	243	14	–	–	PUNCT
dem-16103	243	15	8.30	8.30	NUM
dem-16103	243	16	*	*	PUNCT
dem-16103	243	17	–	–	PUNCT
dem-16103	243	18	9.08	9.08	NUM
dem-16103	243	19	*	*	NUM
dem-16103	243	20	–	–	PUNCT
dem-16103	243	21	12.71	12.71	NUM
dem-16103	243	22	*	*	PUNCT
dem-16103	243	23	panel	panel	NOUN
dem-16103	243	24	ppstatistic	ppstatistic	ADJ
dem-16103	243	25	–	–	PUNCT
dem-16103	243	26	7.35	7.35	NUM
dem-16103	243	27	*	*	PUNCT
dem-16103	243	28	–	–	PUNCT
dem-16103	243	29	8.60	8.60	NUM
dem-16103	243	30	*	*	PUNCT
dem-16103	243	31	–	–	PUNCT
dem-16103	243	32	4.55	4.55	NUM
dem-16103	243	33	*	*	PUNCT
dem-16103	243	34	–	–	PUNCT
dem-16103	243	35	13.05	13.05	NUM
dem-16103	243	36	*	*	SYM
dem-16103	243	37	–	–	PUNCT
dem-16103	243	38	14.04	14.04	NUM
dem-16103	243	39	*	*	NUM
dem-16103	243	40	–	–	PUNCT
dem-16103	243	41	8.00	8.00	NUM
dem-16103	243	42	*	*	PUNCT
dem-16103	243	43	panel	panel	NOUN
dem-16103	243	44	adfstatistic	adfstatistic	NOUN
dem-16103	243	45	–	–	PUNCT
dem-16103	243	46	3.44	3.44	NUM
dem-16103	243	47	*	*	PUNCT
dem-16103	243	48	–	–	PUNCT
dem-16103	243	49	3.93	3.93	NUM
dem-16103	243	50	*	*	PUNCT
dem-16103	243	51	–	–	PUNCT
dem-16103	243	52	3.47	3.47	NUM
dem-16103	243	53	*	*	PUNCT
dem-16103	243	54	–	–	PUNCT
dem-16103	243	55	8.85	8.85	NUM
dem-16103	243	56	*	*	PUNCT
dem-16103	243	57	–	–	PUNCT
dem-16103	243	58	8.59	8.59	NUM
dem-16103	243	59	*	*	PUNCT
dem-16103	243	60	–	–	PUNCT
dem-16103	243	61	9.86	9.86	NUM
dem-16103	243	62	*	*	PUNCT
dem-16103	243	63	between	between	ADP
dem-16103	243	64	dimensions	dimension	NOUN
dem-16103	243	65	/	/	SYM
dem-16103	243	66	group	group	NOUN
dem-16103	243	67	mean	mean	NOUN
dem-16103	243	68	statistic	statistic	NOUN
dem-16103	243	69	group	group	NOUN
dem-16103	243	70	ρstatistic	ρstatistic	ADJ
dem-16103	243	71	–	–	PUNCT
dem-16103	243	72	3.29	3.29	NUM
dem-16103	243	73	*	*	PUNCT
dem-16103	243	74	–	–	PUNCT
dem-16103	243	75	3.74	3.74	NUM
dem-16103	243	76	*	*	NUM
dem-16103	243	77	–	–	PUNCT
dem-16103	243	78	2.96	2.96	NUM
dem-16103	243	79	*	*	PUNCT
dem-16103	243	80	–	–	PUNCT
dem-16103	243	81	5.02	5.02	NUM
dem-16103	243	82	*	*	PUNCT
dem-16103	243	83	–	–	PUNCT
dem-16103	243	84	5.35	5.35	NUM
dem-16103	243	85	*	*	PUNCT
dem-16103	243	86	–	–	PUNCT
dem-16103	243	87	3.64	3.64	NUM
dem-16103	243	88	*	*	NOUN
dem-16103	243	89	group	group	NOUN
dem-16103	243	90	ppstatistic	ppstatistic	ADJ
dem-16103	243	91	–	–	PUNCT
dem-16103	243	92	14.13	14.13	NUM
dem-16103	243	93	*	*	PUNCT
dem-16103	243	94	–	–	PUNCT
dem-16103	243	95	14.92	14.92	NUM
dem-16103	243	96	*	*	PUNCT
dem-16103	243	97	–	–	PUNCT
dem-16103	243	98	11.48	11.48	NUM
dem-16103	243	99	*	*	PUNCT
dem-16103	243	100	–	–	PUNCT
dem-16103	243	101	16.05	16.05	NUM
dem-16103	243	102	*	*	PUNCT
dem-16103	243	103	–	–	PUNCT
dem-16103	243	104	16.08	16.08	NUM
dem-16103	243	105	*	*	PUNCT
dem-16103	243	106	–	–	PUNCT
dem-16103	243	107	15.26	15.26	NUM
dem-16103	243	108	*	*	ADJ
dem-16103	243	109	group	group	NOUN
dem-16103	243	110	adfstatistic	adfstatistic	NOUN
dem-16103	243	111	–	–	PUNCT
dem-16103	243	112	8.72	8.72	NUM
dem-16103	243	113	*	*	PUNCT
dem-16103	243	114	–	–	PUNCT
dem-16103	243	115	8.14	8.14	NUM
dem-16103	243	116	*	*	PUNCT
dem-16103	243	117	–	–	PUNCT
dem-16103	243	118	8.82	8.82	NUM
dem-16103	243	119	*	*	PUNCT
dem-16103	243	120	–	–	PUNCT
dem-16103	243	121	12.31	12.31	NUM
dem-16103	243	122	*	*	SYM
dem-16103	243	123	–	–	PUNCT
dem-16103	243	124	11.79	11.79	NUM
dem-16103	243	125	*	*	NUM
dem-16103	243	126	–	–	PUNCT
dem-16103	243	127	11.48	11.48	NUM
dem-16103	243	128	*	*	PUNCT
dem-16103	243	129	note	note	NOUN
dem-16103	243	130	:	:	PUNCT
dem-16103	243	131	*	*	ADJ
dem-16103	243	132	:	:	PUNCT
dem-16103	243	133	statistically	statistically	ADV
dem-16103	243	134	significant	significant	ADJ
dem-16103	243	135	at	at	ADP
dem-16103	243	136	1	1	NUM
dem-16103	243	137	per	per	NOUN
dem-16103	243	138	cent	cent	NOUN
dem-16103	243	139	level	level	NOUN
dem-16103	243	140	of	of	ADP
dem-16103	243	141	significance	significance	NOUN
dem-16103	243	142	,	,	PUNCT
dem-16103	243	143	*	*	PUNCT
dem-16103	243	144	*	*	PUNCT
dem-16103	243	145	:	:	PUNCT
dem-16103	243	146	statistically	statistically	ADV
dem-16103	243	147	significant	significant	ADJ
dem-16103	243	148	at	at	ADP
dem-16103	243	149	10	10	NUM
dem-16103	243	150	per	per	NOUN
dem-16103	243	151	cent	cent	NOUN
dem-16103	243	152	level	level	NOUN
dem-16103	243	153	of	of	ADP
dem-16103	243	154	significance	significance	NOUN
dem-16103	243	155	.	.	PUNCT
dem-16103	244	1	the	the	DET
dem-16103	244	2	pedroni	pedroni	NOUN
dem-16103	244	3	(	(	PUNCT
dem-16103	244	4	2004	2004	NUM
dem-16103	244	5	)	)	PUNCT
dem-16103	244	6	statistics	statistic	NOUN
dem-16103	244	7	are	be	AUX
dem-16103	244	8	one	one	NUM
dem-16103	244	9	-	-	PUNCT
dem-16103	244	10	sided	sided	ADJ
dem-16103	244	11	tests	test	NOUN
dem-16103	244	12	with	with	ADP
dem-16103	244	13	a	a	DET
dem-16103	244	14	critical	critical	ADJ
dem-16103	244	15	value	value	NOUN
dem-16103	244	16	of	of	ADP
dem-16103	244	17	−1.64	−1.64	X
dem-16103	244	18	(	(	PUNCT
dem-16103	244	19	ko−1.64	ko−1.64	PROPN
dem-16103	244	20	implies	imply	VERB
dem-16103	244	21	rejection	rejection	NOUN
dem-16103	244	22	of	of	ADP
dem-16103	244	23	the	the	DET
dem-16103	244	24	null	null	NOUN
dem-16103	244	25	)	)	PUNCT
dem-16103	244	26	,	,	PUNCT
dem-16103	244	27	except	except	SCONJ
dem-16103	244	28	the	the	DET
dem-16103	244	29	v	v	NOUN
dem-16103	244	30	-	-	NOUN
dem-16103	244	31	statistic	statistic	NOUN
dem-16103	244	32	that	that	PRON
dem-16103	244	33	has	have	VERB
dem-16103	244	34	a	a	DET
dem-16103	244	35	critical	critical	ADJ
dem-16103	244	36	value	value	NOUN
dem-16103	244	37	of	of	ADP
dem-16103	244	38	1.64	1.64	NUM
dem-16103	244	39	(	(	PUNCT
dem-16103	244	40	1.64	1.64	NUM
dem-16103	244	41	suggests	suggest	VERB
dem-16103	244	42	rejection	rejection	NOUN
dem-16103	244	43	of	of	ADP
dem-16103	244	44	the	the	DET
dem-16103	244	45	null	null	NOUN
dem-16103	244	46	)	)	PUNCT
dem-16103	244	47	;	;	PUNCT
dem-16103	244	48	selection	selection	NOUN
dem-16103	244	49	of	of	ADP
dem-16103	244	50	lags	lag	NOUN
dem-16103	244	51	is	be	AUX
dem-16103	244	52	based	base	VERB
dem-16103	244	53	on	on	ADP
dem-16103	244	54	schwarz	schwarz	PROPN
dem-16103	244	55	information	information	NOUN
dem-16103	244	56	criterion	criterion	NOUN
dem-16103	244	57	(	(	PUNCT
dem-16103	244	58	sic	sic	ADJ
dem-16103	244	59	)	)	PUNCT
dem-16103	244	60	.	.	PUNCT
dem-16103	245	1	newey	newey	PROPN
dem-16103	245	2	-	-	PUNCT
dem-16103	245	3	west	west	PROPN
dem-16103	245	4	automatic	automatic	ADJ
dem-16103	245	5	bandwidth	bandwidth	ADJ
dem-16103	245	6	selection	selection	NOUN
dem-16103	245	7	and	and	CCONJ
dem-16103	245	8	bartlett	bartlett	PROPN
dem-16103	245	9	kernel	kernel	PROPN
dem-16103	245	10	.	.	PUNCT
dem-16103	246	1	since	since	SCONJ
dem-16103	246	2	,	,	PUNCT
dem-16103	246	3	the	the	DET
dem-16103	246	4	variables	variable	NOUN
dem-16103	246	5	in	in	ADP
dem-16103	246	6	our	our	PRON
dem-16103	246	7	study	study	NOUN
dem-16103	246	8	are	be	AUX
dem-16103	246	9	cross	cross	ADJ
dem-16103	246	10	-	-	ADJ
dem-16103	246	11	sectionally	sectionally	ADV
dem-16103	246	12	dependent	dependent	ADJ
dem-16103	246	13	(	(	PUNCT
dem-16103	246	14	table	table	NOUN
dem-16103	246	15	2	2	NUM
dem-16103	246	16	)	)	PUNCT
dem-16103	246	17	and	and	CCONJ
dem-16103	246	18	pedroni	pedroni	NOUN
dem-16103	246	19	’s	’s	PART
dem-16103	246	20	test	test	NOUN
dem-16103	246	21	of	of	ADP
dem-16103	246	22	cointegration	cointegration	NOUN
dem-16103	246	23	assume	assume	VERB
dem-16103	246	24	cross	cross	ADJ
dem-16103	246	25	-	-	ADJ
dem-16103	246	26	sectional	sectional	ADJ
dem-16103	246	27	independency	independency	NOUN
dem-16103	246	28	so	so	SCONJ
dem-16103	246	29	the	the	DET
dem-16103	246	30	study	study	NOUN
dem-16103	246	31	moved	move	VERB
dem-16103	246	32	further	far	ADV
dem-16103	246	33	with	with	ADP
dem-16103	246	34	analysis	analysis	NOUN
dem-16103	246	35	of	of	ADP
dem-16103	246	36	the	the	DET
dem-16103	246	37	so	so	ADV
dem-16103	246	38	called	call	VERB
dem-16103	246	39	second	second	ADJ
dem-16103	246	40	generation	generation	NOUN
dem-16103	246	41	panel	panel	NOUN
dem-16103	246	42	cointegration	cointegration	NOUN
dem-16103	246	43	tests	test	NOUN
dem-16103	246	44	that	that	PRON
dem-16103	246	45	allow	allow	VERB
dem-16103	246	46	for	for	ADP
dem-16103	246	47	cross	cross	ADJ
dem-16103	246	48	-	-	ADJ
dem-16103	246	49	sectional	sectional	ADJ
dem-16103	246	50	dependence	dependence	NOUN
dem-16103	246	51	.	.	PUNCT
dem-16103	247	1	table	table	NOUN
dem-16103	247	2	6	6	NUM
dem-16103	247	3	shows	show	VERB
dem-16103	247	4	that	that	SCONJ
dem-16103	247	5	two	two	NUM
dem-16103	247	6	of	of	ADP
dem-16103	247	7	the	the	DET
dem-16103	247	8	four	four	NUM
dem-16103	247	9	westerlund	westerlund	NOUN
dem-16103	247	10	’s	’s	PART
dem-16103	247	11	panel	panel	NOUN
dem-16103	247	12	cointegration	cointegration	NOUN
dem-16103	247	13	tests	test	NOUN
dem-16103	247	14	;	;	PUNCT
dem-16103	247	15	that	that	PRON
dem-16103	247	16	are	be	AUX
dem-16103	247	17	one	one	NUM
dem-16103	247	18	each	each	PRON
dem-16103	247	19	for	for	ADP
dem-16103	247	20	the	the	DET
dem-16103	247	21	panel	panel	NOUN
dem-16103	247	22	(	(	PUNCT
dem-16103	247	23	pτ	pτ	NOUN
dem-16103	247	24	)	)	PUNCT
dem-16103	247	25	and	and	CCONJ
dem-16103	247	26	group	group	NOUN
dem-16103	247	27	mean	mean	NOUN
dem-16103	247	28	statistics	statistic	NOUN
dem-16103	247	29	(	(	PUNCT
dem-16103	247	30	gα	gα	NOUN
dem-16103	247	31	)	)	PUNCT
dem-16103	247	32	,	,	PUNCT
dem-16103	247	33	confirmed	confirm	VERB
dem-16103	247	34	the	the	DET
dem-16103	247	35	presence	presence	NOUN
dem-16103	247	36	of	of	ADP
dem-16103	247	37	cointegration	cointegration	NOUN
dem-16103	247	38	.	.	PUNCT
dem-16103	248	1	hence	hence	ADV
dem-16103	248	2	,	,	PUNCT
dem-16103	248	3	the	the	DET
dem-16103	248	4	above	above	ADV
dem-16103	248	5	mentioned	mention	VERB
dem-16103	248	6	tests	test	NOUN
dem-16103	248	7	reinforce	reinforce	VERB
dem-16103	248	8	the	the	DET
dem-16103	248	9	results	result	NOUN
dem-16103	248	10	and	and	CCONJ
dem-16103	248	11	highlight	highlight	VERB
dem-16103	248	12	the	the	DET
dem-16103	248	13	presence	presence	NOUN
dem-16103	248	14	of	of	ADP
dem-16103	248	15	cointegration	cointegration	NOUN
dem-16103	248	16	among	among	ADP
dem-16103	248	17	the	the	DET
dem-16103	248	18	variables	variable	NOUN
dem-16103	248	19	taken	take	VERB
dem-16103	248	20	into	into	ADP
dem-16103	248	21	consideration	consideration	NOUN
dem-16103	248	22	.	.	PUNCT
dem-16103	249	1	dynamics	dynamic	NOUN
dem-16103	249	2	of	of	ADP
dem-16103	249	3	financial	financial	ADJ
dem-16103	249	4	development	development	NOUN
dem-16103	249	5	and	and	CCONJ
dem-16103	249	6	economic	economic	ADJ
dem-16103	249	7	growth	growth	NOUN
dem-16103	249	8	:	:	PUNCT
dem-16103	249	9	panel	panel	NOUN
dem-16103	249	10	data	data	VERB
dem-16103	249	11	analysis	analysis	NOUN
dem-16103	249	12	…	…	SYM
dem-16103	249	13	dynamic	dynamic	ADJ
dem-16103	249	14	econometric	econometric	ADJ
dem-16103	249	15	models	model	NOUN
dem-16103	249	16	18	18	NUM
dem-16103	249	17	(	(	PUNCT
dem-16103	249	18	2018	2018	NUM
dem-16103	249	19	)	)	PUNCT
dem-16103	249	20	5–34	5–34	NOUN
dem-16103	249	21	23	23	NUM
dem-16103	249	22	3.1	3.1	NUM
dem-16103	249	23	.	.	PUNCT
dem-16103	250	1	panel	panel	NOUN
dem-16103	250	2	vector	vector	NOUN
dem-16103	250	3	error	error	NOUN
dem-16103	250	4	correction	correction	NOUN
dem-16103	250	5	model	model	NOUN
dem-16103	250	6	(	(	PUNCT
dem-16103	250	7	vecm	vecm	NOUN
dem-16103	250	8	)	)	PUNCT
dem-16103	250	9	the	the	DET
dem-16103	250	10	causality	causality	NOUN
dem-16103	250	11	test	test	NOUN
dem-16103	250	12	is	be	AUX
dem-16103	250	13	conducted	conduct	VERB
dem-16103	250	14	using	use	VERB
dem-16103	250	15	vecm	vecm	NOUN
dem-16103	250	16	technique	technique	NOUN
dem-16103	250	17	if	if	SCONJ
dem-16103	250	18	the	the	DET
dem-16103	250	19	variables	variable	NOUN
dem-16103	250	20	are	be	AUX
dem-16103	250	21	integrated	integrate	VERB
dem-16103	250	22	to	to	ADP
dem-16103	250	23	the	the	DET
dem-16103	250	24	same	same	ADJ
dem-16103	250	25	order	order	NOUN
dem-16103	250	26	as	as	ADV
dem-16103	250	27	well	well	ADV
dem-16103	250	28	as	as	ADP
dem-16103	250	29	cointegrated	cointegrate	VERB
dem-16103	250	30	(	(	PUNCT
dem-16103	250	31	moudatsou	moudatsou	VERB
dem-16103	250	32	and	and	CCONJ
dem-16103	250	33	kyrkilis	kyrkili	VERB
dem-16103	250	34	,	,	PUNCT
dem-16103	250	35	2011	2011	NUM
dem-16103	250	36	;	;	PUNCT
dem-16103	250	37	fowowe	fowowe	NOUN
dem-16103	250	38	,	,	PUNCT
dem-16103	250	39	2011	2011	NUM
dem-16103	250	40	;	;	PUNCT
dem-16103	250	41	emirmahmutoglu	emirmahmutoglu	NOUN
dem-16103	250	42	and	and	CCONJ
dem-16103	250	43	kose	kose	ADJ
dem-16103	250	44	,	,	PUNCT
dem-16103	250	45	2011	2011	NUM
dem-16103	250	46	)	)	PUNCT
dem-16103	250	47	.	.	PUNCT
dem-16103	251	1	the	the	DET
dem-16103	251	2	question	question	NOUN
dem-16103	251	3	of	of	ADP
dem-16103	251	4	long	long	ADV
dem-16103	251	5	-	-	PUNCT
dem-16103	251	6	run	run	VERB
dem-16103	251	7	causal	causal	ADJ
dem-16103	251	8	relationship	relationship	NOUN
dem-16103	251	9	between	between	ADP
dem-16103	251	10	financial	financial	ADJ
dem-16103	251	11	development	development	NOUN
dem-16103	251	12	and	and	CCONJ
dem-16103	251	13	economic	economic	ADJ
dem-16103	251	14	growth	growth	NOUN
dem-16103	251	15	is	be	AUX
dem-16103	251	16	now	now	ADV
dem-16103	251	17	examined	examine	VERB
dem-16103	251	18	more	more	ADV
dem-16103	251	19	thoroughly	thoroughly	ADV
dem-16103	251	20	with	with	ADP
dem-16103	251	21	the	the	DET
dem-16103	251	22	use	use	NOUN
dem-16103	251	23	of	of	ADP
dem-16103	251	24	panel	panel	NOUN
dem-16103	251	25	vector	vector	NOUN
dem-16103	251	26	error	error	NOUN
dem-16103	251	27	correction	correction	NOUN
dem-16103	251	28	models	model	NOUN
dem-16103	251	29	.	.	PUNCT
dem-16103	252	1	defining	define	VERB
dem-16103	252	2	the	the	DET
dem-16103	252	3	lagged	lag	VERB
dem-16103	252	4	residuals	residual	NOUN
dem-16103	252	5	,	,	PUNCT
dem-16103	252	6	the	the	DET
dem-16103	252	7	dynamic	dynamic	ADJ
dem-16103	252	8	error	error	NOUN
dem-16103	252	9	correction	correction	NOUN
dem-16103	252	10	models	model	NOUN
dem-16103	252	11	are	be	AUX
dem-16103	252	12	estimated	estimate	VERB
dem-16103	252	13	for	for	SCONJ
dem-16103	252	14	the	the	DET
dem-16103	252	15	variable	variable	ADJ
dem-16103	252	16	sets	set	VERB
dem-16103	252	17	differently	differently	ADV
dem-16103	252	18	.	.	PUNCT
dem-16103	253	1	the	the	DET
dem-16103	253	2	estimated	estimate	VERB
dem-16103	253	3	results	result	NOUN
dem-16103	253	4	are	be	AUX
dem-16103	253	5	presented	present	VERB
dem-16103	253	6	in	in	ADP
dem-16103	253	7	tables	table	NOUN
dem-16103	253	8	1.7	1.7	NUM
dem-16103	253	9	.	.	PUNCT
dem-16103	254	1	the	the	DET
dem-16103	254	2	short	short	ADJ
dem-16103	254	3	-	-	PUNCT
dem-16103	254	4	run	run	NOUN
dem-16103	254	5	causality	causality	NOUN
dem-16103	254	6	is	be	AUX
dem-16103	254	7	estimated	estimate	VERB
dem-16103	254	8	by	by	ADP
dem-16103	254	9	the	the	DET
dem-16103	254	10	statistical	statistical	ADJ
dem-16103	254	11	significance	significance	NOUN
dem-16103	254	12	level	level	NOUN
dem-16103	254	13	of	of	ADP
dem-16103	254	14	the	the	DET
dem-16103	254	15	coefficients	coefficient	NOUN
dem-16103	254	16	of	of	ADP
dem-16103	254	17	the	the	DET
dem-16103	254	18	first	first	ADJ
dem-16103	254	19	differenced	differenced	ADJ
dem-16103	254	20	variables	variable	NOUN
dem-16103	254	21	while	while	SCONJ
dem-16103	254	22	the	the	DET
dem-16103	254	23	long	long	ADV
dem-16103	254	24	-	-	PUNCT
dem-16103	254	25	run	run	NOUN
dem-16103	254	26	causality	causality	NOUN
dem-16103	254	27	is	be	AUX
dem-16103	254	28	determined	determine	VERB
dem-16103	254	29	by	by	ADP
dem-16103	254	30	the	the	DET
dem-16103	254	31	statistical	statistical	ADJ
dem-16103	254	32	significance	significance	NOUN
dem-16103	254	33	of	of	ADP
dem-16103	254	34	the	the	DET
dem-16103	254	35	respective	respective	ADJ
dem-16103	254	36	error	error	NOUN
dem-16103	254	37	correction	correction	NOUN
dem-16103	254	38	term	term	NOUN
dem-16103	254	39	(	(	PUNCT
dem-16103	254	40	ect	ect	ADJ
dem-16103	254	41	)	)	PUNCT
dem-16103	254	42	values	value	NOUN
dem-16103	254	43	using	use	VERB
dem-16103	254	44	t	t	NOUN
dem-16103	254	45	-	-	PUNCT
dem-16103	254	46	tests	test	NOUN
dem-16103	254	47	(	(	PUNCT
dem-16103	254	48	minija	minija	NOUN
dem-16103	254	49	,	,	PUNCT
dem-16103	254	50	2012	2012	NUM
dem-16103	254	51	)	)	PUNCT
dem-16103	254	52	.	.	PUNCT
dem-16103	255	1	in	in	ADP
dem-16103	255	2	the	the	DET
dem-16103	255	3	first	first	ADJ
dem-16103	255	4	case	case	NOUN
dem-16103	255	5	(	(	PUNCT
dem-16103	255	6	sdp	sdp	NOUN
dem-16103	255	7	-	-	PUNCT
dem-16103	255	8	ca	ca	NOUN
dem-16103	255	9	)	)	PUNCT
dem-16103	255	10	the	the	DET
dem-16103	255	11	statistical	statistical	ADJ
dem-16103	255	12	significant	significant	ADJ
dem-16103	255	13	value	value	NOUN
dem-16103	255	14	of	of	ADP
dem-16103	255	15	the	the	DET
dem-16103	255	16	t	t	PROPN
dem-16103	255	17	-	-	PUNCT
dem-16103	255	18	statistics	statistic	NOUN
dem-16103	255	19	of	of	ADP
dem-16103	255	20	sdp	sdp	NOUN
dem-16103	255	21	for	for	ADP
dem-16103	255	22	the	the	DET
dem-16103	255	23	relation	relation	NOUN
dem-16103	255	24	ca	ca	PROPN
dem-16103	255	25	=	=	SYM
dem-16103	255	26	f(sdp	f(sdp	NOUN
dem-16103	255	27	)	)	PUNCT
dem-16103	255	28	suggests	suggest	VERB
dem-16103	255	29	that	that	SCONJ
dem-16103	255	30	in	in	ADP
dem-16103	255	31	short	short	ADJ
dem-16103	255	32	run	run	NOUN
dem-16103	255	33	the	the	DET
dem-16103	255	34	economic	economic	ADJ
dem-16103	255	35	growth	growth	NOUN
dem-16103	255	36	helps	help	VERB
dem-16103	255	37	in	in	ADP
dem-16103	255	38	the	the	DET
dem-16103	255	39	advancement	advancement	NOUN
dem-16103	255	40	of	of	ADP
dem-16103	255	41	credit	credit	NOUN
dem-16103	255	42	in	in	ADP
dem-16103	255	43	the	the	DET
dem-16103	255	44	financial	financial	ADJ
dem-16103	255	45	system	system	NOUN
dem-16103	255	46	.	.	PUNCT
dem-16103	256	1	however	however	ADV
dem-16103	256	2	,	,	PUNCT
dem-16103	256	3	the	the	DET
dem-16103	256	4	statistically	statistically	ADV
dem-16103	256	5	insignificant	insignificant	ADJ
dem-16103	256	6	value	value	NOUN
dem-16103	256	7	of	of	ADP
dem-16103	256	8	the	the	DET
dem-16103	256	9	ect	ect	ADJ
dem-16103	256	10	values	value	NOUN
dem-16103	256	11	for	for	ADP
dem-16103	256	12	the	the	DET
dem-16103	256	13	same	same	ADJ
dem-16103	256	14	relation	relation	NOUN
dem-16103	256	15	does	do	AUX
dem-16103	256	16	not	not	PART
dem-16103	256	17	provide	provide	VERB
dem-16103	256	18	any	any	DET
dem-16103	256	19	evidence	evidence	NOUN
dem-16103	256	20	of	of	ADP
dem-16103	256	21	the	the	DET
dem-16103	256	22	long	long	ADJ
dem-16103	256	23	run	run	NOUN
dem-16103	256	24	relationship	relationship	NOUN
dem-16103	256	25	from	from	ADP
dem-16103	256	26	sdp	sdp	NOUN
dem-16103	256	27	to	to	ADP
dem-16103	256	28	number	number	NOUN
dem-16103	256	29	of	of	ADP
dem-16103	256	30	credit	credit	NOUN
dem-16103	256	31	accounts	account	NOUN
dem-16103	256	32	.	.	PUNCT
dem-16103	257	1	considering	consider	VERB
dem-16103	257	2	the	the	DET
dem-16103	257	3	other	other	ADJ
dem-16103	257	4	relation	relation	NOUN
dem-16103	257	5	where	where	SCONJ
dem-16103	257	6	sdp	sdp	NOUN
dem-16103	257	7	=	=	NOUN
dem-16103	257	8	f(ca	f(ca	NOUN
dem-16103	257	9	)	)	PUNCT
dem-16103	257	10	suggests	suggest	VERB
dem-16103	257	11	that	that	SCONJ
dem-16103	257	12	although	although	SCONJ
dem-16103	257	13	,	,	PUNCT
dem-16103	257	14	in	in	ADP
dem-16103	257	15	short	short	ADJ
dem-16103	257	16	run	run	NOUN
dem-16103	257	17	credit	credit	NOUN
dem-16103	257	18	do	do	AUX
dem-16103	257	19	not	not	PART
dem-16103	257	20	have	have	VERB
dem-16103	257	21	a	a	DET
dem-16103	257	22	significant	significant	ADJ
dem-16103	257	23	impact	impact	NOUN
dem-16103	257	24	on	on	ADP
dem-16103	257	25	the	the	DET
dem-16103	257	26	economic	economic	ADJ
dem-16103	257	27	growth	growth	NOUN
dem-16103	257	28	,	,	PUNCT
dem-16103	257	29	but	but	CCONJ
dem-16103	257	30	the	the	DET
dem-16103	257	31	statistically	statistically	ADV
dem-16103	257	32	significant	significant	ADJ
dem-16103	257	33	ect	ect	ADJ
dem-16103	257	34	value	value	NOUN
dem-16103	257	35	(	(	PUNCT
dem-16103	257	36	kamal	kamal	PROPN
dem-16103	257	37	,	,	PUNCT
dem-16103	257	38	2015	2015	NUM
dem-16103	257	39	and	and	CCONJ
dem-16103	257	40	bhanumati	bhanumati	PROPN
dem-16103	257	41	and	and	CCONJ
dem-16103	257	42	azhagaiah	azhagaiah	VERB
dem-16103	257	43	,	,	PUNCT
dem-16103	257	44	2014	2014	NUM
dem-16103	257	45	)	)	PUNCT
dem-16103	257	46	illustrates	illustrate	VERB
dem-16103	257	47	that	that	SCONJ
dem-16103	257	48	higher	high	ADJ
dem-16103	257	49	credit	credit	NOUN
dem-16103	257	50	allocation	allocation	NOUN
dem-16103	257	51	in	in	ADP
dem-16103	257	52	the	the	DET
dem-16103	257	53	long	long	ADJ
dem-16103	257	54	run	run	NOUN
dem-16103	257	55	in	in	ADP
dem-16103	257	56	turn	turn	NOUN
dem-16103	257	57	helps	help	VERB
dem-16103	257	58	in	in	ADP
dem-16103	257	59	boasting	boast	VERB
dem-16103	257	60	the	the	DET
dem-16103	257	61	growth	growth	NOUN
dem-16103	257	62	of	of	ADP
dem-16103	257	63	the	the	DET
dem-16103	257	64	economy	economy	NOUN
dem-16103	257	65	.	.	PUNCT
dem-16103	258	1	the	the	DET
dem-16103	258	2	estimated	estimate	VERB
dem-16103	258	3	coefficient	coefficient	NOUN
dem-16103	258	4	of	of	ADP
dem-16103	258	5	the	the	DET
dem-16103	258	6	residual	residual	ADJ
dem-16103	258	7	from	from	ADP
dem-16103	258	8	the	the	DET
dem-16103	258	9	vecm	vecm	NOUN
dem-16103	258	10	test	test	NOUN
dem-16103	258	11	(	(	PUNCT
dem-16103	258	12	ect	ect	X
dem-16103	258	13	)	)	PUNCT
dem-16103	258	14	with	with	ADP
dem-16103	258	15	statistically	statistically	ADV
dem-16103	258	16	significant	significant	ADJ
dem-16103	258	17	value	value	NOUN
dem-16103	258	18	and	and	CCONJ
dem-16103	258	19	a	a	DET
dem-16103	258	20	negative	negative	ADJ
dem-16103	258	21	sign	sign	NOUN
dem-16103	258	22	confirms	confirm	VERB
dem-16103	258	23	the	the	DET
dem-16103	258	24	long	long	ADV
dem-16103	258	25	-	-	PUNCT
dem-16103	258	26	run	run	VERB
dem-16103	258	27	equilibrium	equilibrium	NOUN
dem-16103	258	28	relation	relation	NOUN
dem-16103	258	29	between	between	ADP
dem-16103	258	30	the	the	DET
dem-16103	258	31	independent	independent	ADJ
dem-16103	258	32	and	and	CCONJ
dem-16103	258	33	dependent	dependent	ADJ
dem-16103	258	34	variable	variable	NOUN
dem-16103	258	35	at	at	ADP
dem-16103	258	36	1	1	NUM
dem-16103	258	37	per	per	ADP
dem-16103	258	38	cent	cent	NOUN
dem-16103	258	39	level	level	NOUN
dem-16103	258	40	of	of	ADP
dem-16103	258	41	significance	significance	NOUN
dem-16103	258	42	.	.	PUNCT
dem-16103	259	1	here	here	ADV
dem-16103	259	2	,	,	PUNCT
dem-16103	259	3	the	the	DET
dem-16103	259	4	speed	speed	NOUN
dem-16103	259	5	of	of	ADP
dem-16103	259	6	adjustment	adjustment	NOUN
dem-16103	259	7	implies	imply	VERB
dem-16103	259	8	that	that	SCONJ
dem-16103	259	9	2.5	2.5	NUM
dem-16103	259	10	per	per	ADP
dem-16103	259	11	cent	cent	NOUN
dem-16103	259	12	of	of	ADP
dem-16103	259	13	the	the	DET
dem-16103	259	14	disturbance	disturbance	NOUN
dem-16103	259	15	in	in	ADP
dem-16103	259	16	the	the	DET
dem-16103	259	17	short	short	ADJ
dem-16103	259	18	-	-	PUNCT
dem-16103	259	19	run	run	NOUN
dem-16103	259	20	will	will	AUX
dem-16103	259	21	be	be	AUX
dem-16103	259	22	corrected	correct	VERB
dem-16103	259	23	each	each	DET
dem-16103	259	24	year	year	NOUN
dem-16103	259	25	.	.	PUNCT
dem-16103	260	1	the	the	DET
dem-16103	260	2	results	result	NOUN
dem-16103	260	3	are	be	AUX
dem-16103	260	4	in	in	ADP
dem-16103	260	5	line	line	NOUN
dem-16103	260	6	with	with	ADP
dem-16103	260	7	the	the	DET
dem-16103	260	8	previous	previous	ADJ
dem-16103	260	9	study	study	NOUN
dem-16103	260	10	of	of	ADP
dem-16103	260	11	sharma	sharma	PROPN
dem-16103	260	12	and	and	CCONJ
dem-16103	260	13	bardhan	bardhan	ADV
dem-16103	260	14	(	(	PUNCT
dem-16103	260	15	2016	2016	NUM
dem-16103	260	16	)	)	PUNCT
dem-16103	260	17	thus	thus	ADV
dem-16103	260	18	,	,	PUNCT
dem-16103	260	19	this	this	DET
dem-16103	260	20	evidence	evidence	NOUN
dem-16103	260	21	emphasize	emphasize	VERB
dem-16103	260	22	on	on	ADP
dem-16103	260	23	the	the	DET
dem-16103	260	24	critical	critical	ADJ
dem-16103	260	25	role	role	NOUN
dem-16103	260	26	of	of	ADP
dem-16103	260	27	bank	bank	NOUN
dem-16103	260	28	credit	credit	NOUN
dem-16103	260	29	in	in	ADP
dem-16103	260	30	the	the	DET
dem-16103	260	31	process	process	NOUN
dem-16103	260	32	of	of	ADP
dem-16103	260	33	long	long	ADJ
dem-16103	260	34	run	run	ADJ
dem-16103	260	35	economic	economic	ADJ
dem-16103	260	36	growth	growth	NOUN
dem-16103	260	37	across	across	ADP
dem-16103	260	38	states	state	NOUN
dem-16103	260	39	.	.	PUNCT
dem-16103	261	1	it	it	PRON
dem-16103	261	2	has	have	AUX
dem-16103	261	3	been	be	AUX
dem-16103	261	4	suggested	suggest	VERB
dem-16103	261	5	that	that	SCONJ
dem-16103	261	6	in	in	ADP
dem-16103	261	7	the	the	DET
dem-16103	261	8	absence	absence	NOUN
dem-16103	261	9	of	of	ADP
dem-16103	261	10	developed	develop	VERB
dem-16103	261	11	financial	financial	ADJ
dem-16103	261	12	markets	market	NOUN
dem-16103	261	13	small	small	ADJ
dem-16103	261	14	and	and	CCONJ
dem-16103	261	15	medium	medium	ADJ
dem-16103	261	16	-	-	PUNCT
dem-16103	261	17	sized	sized	ADJ
dem-16103	261	18	industries	industry	NOUN
dem-16103	261	19	which	which	PRON
dem-16103	261	20	are	be	AUX
dem-16103	261	21	considered	consider	VERB
dem-16103	261	22	the	the	DET
dem-16103	261	23	backbone	backbone	NOUN
dem-16103	261	24	of	of	ADP
dem-16103	261	25	an	an	DET
dem-16103	261	26	economy	economy	NOUN
dem-16103	261	27	,	,	PUNCT
dem-16103	261	28	in	in	ADP
dem-16103	261	29	particular	particular	ADJ
dem-16103	261	30	,	,	PUNCT
dem-16103	261	31	the	the	DET
dem-16103	261	32	economies	economy	NOUN
dem-16103	261	33	very	very	ADV
dem-16103	261	34	often	often	ADV
dem-16103	261	35	fail	fail	VERB
dem-16103	261	36	to	to	PART
dem-16103	261	37	expand	expand	VERB
dem-16103	261	38	due	due	ADP
dem-16103	261	39	to	to	ADP
dem-16103	261	40	the	the	DET
dem-16103	261	41	dearth	dearth	NOUN
dem-16103	261	42	of	of	ADP
dem-16103	261	43	funds	fund	NOUN
dem-16103	261	44	.	.	PUNCT
dem-16103	262	1	further	far	ADV
dem-16103	262	2	,	,	PUNCT
dem-16103	262	3	expansion	expansion	NOUN
dem-16103	262	4	of	of	ADP
dem-16103	262	5	credit	credit	NOUN
dem-16103	262	6	not	not	PART
dem-16103	262	7	only	only	ADV
dem-16103	262	8	supports	support	VERB
dem-16103	262	9	industrial	industrial	ADJ
dem-16103	262	10	activities	activity	NOUN
dem-16103	262	11	but	but	CCONJ
dem-16103	262	12	also	also	ADV
dem-16103	262	13	helps	help	VERB
dem-16103	262	14	in	in	ADP
dem-16103	262	15	generation	generation	NOUN
dem-16103	262	16	of	of	ADP
dem-16103	262	17	more	more	ADV
dem-16103	262	18	physical	physical	ADJ
dem-16103	262	19	and	and	CCONJ
dem-16103	262	20	human	human	ADJ
dem-16103	262	21	capital	capital	NOUN
dem-16103	262	22	which	which	PRON
dem-16103	262	23	are	be	AUX
dem-16103	262	24	also	also	ADV
dem-16103	262	25	essential	essential	ADJ
dem-16103	262	26	elements	element	NOUN
dem-16103	262	27	of	of	ADP
dem-16103	262	28	economic	economic	ADJ
dem-16103	262	29	growth	growth	NOUN
dem-16103	262	30	.	.	PUNCT
dem-16103	263	1	since	since	SCONJ
dem-16103	263	2	,	,	PUNCT
dem-16103	263	3	small	small	ADJ
dem-16103	263	4	firms	firm	NOUN
dem-16103	263	5	are	be	AUX
dem-16103	263	6	generally	generally	ADV
dem-16103	263	7	considered	consider	VERB
dem-16103	263	8	labour	labour	NOUN
dem-16103	263	9	intensive	intensive	ADJ
dem-16103	263	10	and	and	CCONJ
dem-16103	263	11	are	be	AUX
dem-16103	263	12	supposed	suppose	VERB
dem-16103	263	13	to	to	PART
dem-16103	263	14	generate	generate	VERB
dem-16103	263	15	more	more	ADJ
dem-16103	263	16	employment	employment	NOUN
dem-16103	263	17	opportunities	opportunity	NOUN
dem-16103	263	18	so	so	ADV
dem-16103	263	19	for	for	ADP
dem-16103	263	20	a	a	DET
dem-16103	263	21	typical	typical	ADJ
dem-16103	263	22	developing	develop	VERB
dem-16103	263	23	economy	economy	NOUN
dem-16103	263	24	such	such	ADJ
dem-16103	263	25	as	as	ADP
dem-16103	263	26	india	india	PROPN
dem-16103	263	27	,	,	PUNCT
dem-16103	263	28	providing	provide	VERB
dem-16103	263	29	better	well	ADJ
dem-16103	263	30	credit	credit	NOUN
dem-16103	263	31	facility	facility	NOUN
dem-16103	263	32	has	have	VERB
dem-16103	263	33	a	a	DET
dem-16103	263	34	positive	positive	ADJ
dem-16103	263	35	implications	implication	NOUN
dem-16103	263	36	on	on	ADP
dem-16103	263	37	economic	economic	ADJ
dem-16103	263	38	growth	growth	NOUN
dem-16103	263	39	(	(	PUNCT
dem-16103	263	40	sharma	sharma	PROPN
dem-16103	263	41	and	and	CCONJ
dem-16103	263	42	bardhan	bardhan	ADV
dem-16103	263	43	,	,	PUNCT
dem-16103	263	44	2016	2016	NUM
dem-16103	263	45	)	)	PUNCT
dem-16103	263	46	.	.	PUNCT
dem-16103	264	1	this	this	PRON
dem-16103	264	2	also	also	ADV
dem-16103	264	3	highlights	highlight	VERB
dem-16103	264	4	that	that	SCONJ
dem-16103	264	5	credit	credit	NOUN
dem-16103	264	6	and	and	CCONJ
dem-16103	264	7	shravani	shravani	PROPN
dem-16103	264	8	sharma	sharma	PROPN
dem-16103	264	9	and	and	CCONJ
dem-16103	264	10	supran	supran	PROPN
dem-16103	264	11	kumar	kumar	PROPN
dem-16103	264	12	dynamic	dynamic	PROPN
dem-16103	264	13	econometric	econometric	ADJ
dem-16103	264	14	models	model	NOUN
dem-16103	264	15	18	18	NUM
dem-16103	264	16	(	(	PUNCT
dem-16103	264	17	2018	2018	NUM
dem-16103	264	18	)	)	PUNCT
dem-16103	264	19	5–34	5–34	NOUN
dem-16103	264	20	24	24	NUM
dem-16103	264	21	economic	economic	ADJ
dem-16103	264	22	growth	growth	NOUN
dem-16103	264	23	affect	affect	VERB
dem-16103	264	24	each	each	DET
dem-16103	264	25	other	other	ADJ
dem-16103	264	26	directly	directly	ADV
dem-16103	264	27	thus	thus	ADV
dem-16103	264	28	,	,	PUNCT
dem-16103	264	29	suggesting	suggest	VERB
dem-16103	264	30	a	a	DET
dem-16103	264	31	key	key	ADJ
dem-16103	264	32	indicator	indicator	NOUN
dem-16103	264	33	for	for	ADP
dem-16103	264	34	enhancing	enhance	VERB
dem-16103	264	35	the	the	DET
dem-16103	264	36	regional	regional	ADJ
dem-16103	264	37	as	as	ADV
dem-16103	264	38	well	well	ADV
dem-16103	264	39	as	as	ADP
dem-16103	264	40	national	national	ADJ
dem-16103	264	41	economic	economic	ADJ
dem-16103	264	42	growth	growth	NOUN
dem-16103	264	43	.	.	PUNCT
dem-16103	265	1	similarly	similarly	ADV
dem-16103	265	2	,	,	PUNCT
dem-16103	265	3	in	in	ADP
dem-16103	265	4	case	case	NOUN
dem-16103	265	5	of	of	ADP
dem-16103	265	6	sdp	sdp	NOUN
dem-16103	265	7	-	-	PUNCT
dem-16103	265	8	da	da	NOUN
dem-16103	265	9	the	the	DET
dem-16103	265	10	statistical	statistical	ADJ
dem-16103	265	11	significant	significant	ADJ
dem-16103	265	12	value	value	NOUN
dem-16103	265	13	of	of	ADP
dem-16103	265	14	ect	ect	NOUN
dem-16103	265	15	for	for	ADP
dem-16103	265	16	the	the	DET
dem-16103	265	17	relation	relation	NOUN
dem-16103	265	18	da	da	PROPN
dem-16103	265	19	=	=	PROPN
dem-16103	265	20	f(sdp	f(sdp	NOUN
dem-16103	265	21	)	)	PUNCT
dem-16103	265	22	suggests	suggest	VERB
dem-16103	265	23	that	that	SCONJ
dem-16103	265	24	in	in	ADP
dem-16103	265	25	long	long	ADJ
dem-16103	265	26	run	run	NOUN
dem-16103	265	27	,	,	PUNCT
dem-16103	265	28	economic	economic	ADJ
dem-16103	265	29	growth	growth	NOUN
dem-16103	265	30	does	do	AUX
dem-16103	265	31	provide	provide	VERB
dem-16103	265	32	a	a	DET
dem-16103	265	33	strong	strong	ADJ
dem-16103	265	34	evidence	evidence	NOUN
dem-16103	265	35	of	of	ADP
dem-16103	265	36	causality	causality	NOUN
dem-16103	265	37	towards	towards	ADP
dem-16103	265	38	the	the	DET
dem-16103	265	39	financial	financial	ADJ
dem-16103	265	40	development	development	NOUN
dem-16103	265	41	,	,	PUNCT
dem-16103	265	42	though	though	SCONJ
dem-16103	265	43	the	the	DET
dem-16103	265	44	statistically	statistically	ADV
dem-16103	265	45	insignificant	insignificant	ADJ
dem-16103	265	46	values	value	NOUN
dem-16103	265	47	for	for	ADP
dem-16103	265	48	sdp	sdp	NOUN
dem-16103	265	49	for	for	ADP
dem-16103	265	50	the	the	DET
dem-16103	265	51	same	same	ADJ
dem-16103	265	52	relation	relation	NOUN
dem-16103	265	53	suggests	suggest	VERB
dem-16103	265	54	that	that	SCONJ
dem-16103	265	55	in	in	ADP
dem-16103	265	56	the	the	DET
dem-16103	265	57	short	short	ADJ
dem-16103	265	58	run	run	NOUN
dem-16103	265	59	there	there	PRON
dem-16103	265	60	is	be	VERB
dem-16103	265	61	no	no	DET
dem-16103	265	62	impact	impact	NOUN
dem-16103	265	63	of	of	ADP
dem-16103	265	64	this	this	DET
dem-16103	265	65	variable	variable	NOUN
dem-16103	265	66	on	on	ADP
dem-16103	265	67	deposits	deposit	NOUN
dem-16103	265	68	as	as	ADP
dem-16103	265	69	a	a	DET
dem-16103	265	70	whole	whole	NOUN
dem-16103	265	71	.	.	PUNCT
dem-16103	266	1	considering	consider	VERB
dem-16103	266	2	the	the	DET
dem-16103	266	3	other	other	ADJ
dem-16103	266	4	relationship	relationship	NOUN
dem-16103	266	5	sdp	sdp	NOUN
dem-16103	266	6	=	=	SYM
dem-16103	266	7	f(da	f(da	NOUN
dem-16103	266	8	)	)	PUNCT
dem-16103	266	9	the	the	DET
dem-16103	266	10	results	result	NOUN
dem-16103	266	11	indicate	indicate	VERB
dem-16103	266	12	that	that	SCONJ
dem-16103	266	13	accumulation	accumulation	NOUN
dem-16103	266	14	of	of	ADP
dem-16103	266	15	deposit	deposit	NOUN
dem-16103	266	16	in	in	ADP
dem-16103	266	17	the	the	DET
dem-16103	266	18	short	short	ADJ
dem-16103	266	19	run	run	NOUN
dem-16103	266	20	enhances	enhance	VERB
dem-16103	266	21	economic	economic	ADJ
dem-16103	266	22	growth	growth	NOUN
dem-16103	266	23	in	in	ADP
dem-16103	266	24	the	the	DET
dem-16103	266	25	long	long	ADJ
dem-16103	266	26	run	run	NOUN
dem-16103	266	27	thus	thus	ADV
dem-16103	266	28	,	,	PUNCT
dem-16103	266	29	reinforce	reinforce	VERB
dem-16103	266	30	the	the	DET
dem-16103	266	31	results	result	NOUN
dem-16103	266	32	obtained	obtain	VERB
dem-16103	266	33	in	in	ADP
dem-16103	266	34	table	table	NOUN
dem-16103	266	35	5	5	NUM
dem-16103	266	36	and	and	CCONJ
dem-16103	266	37	6	6	NUM
dem-16103	266	38	.	.	PUNCT
dem-16103	267	1	the	the	DET
dem-16103	267	2	above	above	ADJ
dem-16103	267	3	findings	finding	NOUN
dem-16103	267	4	verify	verify	VERB
dem-16103	267	5	that	that	SCONJ
dem-16103	267	6	deposits	deposit	NOUN
dem-16103	267	7	are	be	AUX
dem-16103	267	8	crucial	crucial	ADJ
dem-16103	267	9	indicator	indicator	NOUN
dem-16103	267	10	and	and	CCONJ
dem-16103	267	11	are	be	AUX
dem-16103	267	12	significantly	significantly	ADV
dem-16103	267	13	beneficial	beneficial	ADJ
dem-16103	267	14	to	to	ADP
dem-16103	267	15	the	the	DET
dem-16103	267	16	economic	economic	ADJ
dem-16103	267	17	growth	growth	NOUN
dem-16103	267	18	of	of	ADP
dem-16103	267	19	the	the	DET
dem-16103	267	20	indian	indian	ADJ
dem-16103	267	21	states	state	NOUN
dem-16103	267	22	.	.	PUNCT
dem-16103	268	1	higher	high	ADJ
dem-16103	268	2	deposits	deposit	NOUN
dem-16103	268	3	with	with	ADP
dem-16103	268	4	the	the	DET
dem-16103	268	5	intermediaries	intermediary	NOUN
dem-16103	268	6	means	mean	VERB
dem-16103	268	7	channelling	channelling	NOUN
dem-16103	268	8	of	of	ADP
dem-16103	268	9	surplus	surplus	ADJ
dem-16103	268	10	funds	fund	NOUN
dem-16103	268	11	to	to	ADP
dem-16103	268	12	the	the	DET
dem-16103	268	13	deficit	deficit	NOUN
dem-16103	268	14	units	unit	NOUN
dem-16103	268	15	of	of	ADP
dem-16103	268	16	the	the	DET
dem-16103	268	17	economy	economy	NOUN
dem-16103	268	18	hence	hence	ADV
dem-16103	268	19	,	,	PUNCT
dem-16103	268	20	transforming	transform	VERB
dem-16103	268	21	deposits	deposit	NOUN
dem-16103	268	22	into	into	ADP
dem-16103	268	23	loans	loan	NOUN
dem-16103	268	24	and	and	CCONJ
dem-16103	268	25	other	other	ADJ
dem-16103	268	26	advances	advance	NOUN
dem-16103	268	27	(	(	PUNCT
dem-16103	268	28	naira	naira	INTJ
dem-16103	268	29	,	,	PUNCT
dem-16103	268	30	2016	2016	NUM
dem-16103	268	31	)	)	PUNCT
dem-16103	268	32	.	.	PUNCT
dem-16103	269	1	the	the	DET
dem-16103	269	2	results	result	NOUN
dem-16103	269	3	are	be	AUX
dem-16103	269	4	in	in	ADP
dem-16103	269	5	line	line	NOUN
dem-16103	269	6	with	with	ADP
dem-16103	269	7	the	the	DET
dem-16103	269	8	earlier	early	ADJ
dem-16103	269	9	studies	study	NOUN
dem-16103	269	10	of	of	ADP
dem-16103	269	11	bhanumurty	bhanumurty	NOUN
dem-16103	269	12	and	and	CCONJ
dem-16103	269	13	singh	singh	PROPN
dem-16103	269	14	(	(	PUNCT
dem-16103	269	15	2013	2013	NUM
dem-16103	269	16	)	)	PUNCT
dem-16103	269	17	and	and	CCONJ
dem-16103	269	18	sehrawat	sehrawat	NOUN
dem-16103	269	19	and	and	CCONJ
dem-16103	269	20	giri	giri	PROPN
dem-16103	269	21	(	(	PUNCT
dem-16103	269	22	2015	2015	NUM
dem-16103	269	23	)	)	PUNCT
dem-16103	269	24	which	which	PRON
dem-16103	269	25	suggest	suggest	VERB
dem-16103	269	26	a	a	DET
dem-16103	269	27	bidirectional	bidirectional	ADJ
dem-16103	269	28	causality	causality	NOUN
dem-16103	269	29	and	and	CCONJ
dem-16103	269	30	emphasis	emphasis	NOUN
dem-16103	269	31	that	that	SCONJ
dem-16103	269	32	economic	economic	ADJ
dem-16103	269	33	growth	growth	NOUN
dem-16103	269	34	has	have	VERB
dem-16103	269	35	a	a	DET
dem-16103	269	36	critical	critical	ADJ
dem-16103	269	37	role	role	NOUN
dem-16103	269	38	in	in	ADP
dem-16103	269	39	financial	financial	ADJ
dem-16103	269	40	development	development	NOUN
dem-16103	269	41	and	and	CCONJ
dem-16103	269	42	that	that	SCONJ
dem-16103	269	43	financial	financial	ADJ
dem-16103	269	44	development	development	NOUN
dem-16103	269	45	leads	lead	VERB
dem-16103	269	46	to	to	ADP
dem-16103	269	47	further	further	ADJ
dem-16103	269	48	development	development	NOUN
dem-16103	269	49	of	of	ADP
dem-16103	269	50	economic	economic	ADJ
dem-16103	269	51	growth	growth	NOUN
dem-16103	269	52	of	of	ADP
dem-16103	269	53	an	an	DET
dem-16103	269	54	economy	economy	NOUN
dem-16103	269	55	.	.	PUNCT
dem-16103	270	1	from	from	ADP
dem-16103	270	2	the	the	DET
dem-16103	270	3	results	result	NOUN
dem-16103	270	4	of	of	ADP
dem-16103	270	5	this	this	DET
dem-16103	270	6	relation	relation	NOUN
dem-16103	270	7	it	it	PRON
dem-16103	270	8	can	can	AUX
dem-16103	270	9	be	be	AUX
dem-16103	270	10	inferred	infer	VERB
dem-16103	270	11	that	that	SCONJ
dem-16103	270	12	policy	policy	NOUN
dem-16103	270	13	makers	maker	NOUN
dem-16103	270	14	should	should	AUX
dem-16103	270	15	emphasis	emphasis	VERB
dem-16103	270	16	on	on	ADP
dem-16103	270	17	the	the	DET
dem-16103	270	18	measures	measure	NOUN
dem-16103	270	19	which	which	PRON
dem-16103	270	20	enhance	enhance	VERB
dem-16103	270	21	the	the	DET
dem-16103	270	22	economic	economic	ADJ
dem-16103	270	23	growth	growth	NOUN
dem-16103	270	24	but	but	CCONJ
dem-16103	270	25	they	they	PRON
dem-16103	270	26	also	also	ADV
dem-16103	270	27	focus	focus	VERB
dem-16103	270	28	on	on	ADP
dem-16103	270	29	the	the	DET
dem-16103	270	30	development	development	NOUN
dem-16103	270	31	of	of	ADP
dem-16103	270	32	banking	banking	NOUN
dem-16103	270	33	system	system	NOUN
dem-16103	270	34	by	by	ADP
dem-16103	270	35	considering	consider	VERB
dem-16103	270	36	the	the	DET
dem-16103	270	37	long	long	ADJ
dem-16103	270	38	term	term	NOUN
dem-16103	270	39	perspective	perspective	NOUN
dem-16103	270	40	of	of	ADP
dem-16103	270	41	the	the	DET
dem-16103	270	42	mutual	mutual	ADJ
dem-16103	270	43	causality	causality	NOUN
dem-16103	270	44	between	between	ADP
dem-16103	270	45	the	the	DET
dem-16103	270	46	two	two	NUM
dem-16103	270	47	which	which	PRON
dem-16103	270	48	will	will	AUX
dem-16103	270	49	ultimately	ultimately	ADV
dem-16103	270	50	benefit	benefit	VERB
dem-16103	270	51	the	the	DET
dem-16103	270	52	economy	economy	NOUN
dem-16103	270	53	as	as	ADP
dem-16103	270	54	a	a	DET
dem-16103	270	55	whole	whole	NOUN
dem-16103	270	56	.	.	PUNCT
dem-16103	271	1	table	table	NOUN
dem-16103	272	1	6	6	NUM
dem-16103	272	2	.	.	PUNCT
dem-16103	272	3	second	second	ADJ
dem-16103	272	4	generation	generation	NOUN
dem-16103	272	5	panel	panel	NOUN
dem-16103	272	6	cointegration	cointegration	NOUN
dem-16103	272	7	test	test	NOUN
dem-16103	272	8	westerlund	westerlund	PROPN
dem-16103	272	9	cointegration	cointegration	NOUN
dem-16103	272	10	test	test	NOUN
dem-16103	272	11	method	method	NOUN
dem-16103	272	12	sdp	sdp	NOUN
dem-16103	272	13	and	and	CCONJ
dem-16103	272	14	ca	can	AUX
dem-16103	272	15	test	test	NOUN
dem-16103	272	16	statistic	statistic	NOUN
dem-16103	272	17	(	(	PUNCT
dem-16103	272	18	p	p	NOUN
dem-16103	272	19	-	-	PUNCT
dem-16103	272	20	value	value	NOUN
dem-16103	272	21	)	)	PUNCT
dem-16103	272	22	sdp	sdp	NOUN
dem-16103	272	23	–	–	PUNCT
dem-16103	272	24	da	da	PROPN
dem-16103	272	25	test	test	NOUN
dem-16103	272	26	statistic	statistic	NOUN
dem-16103	272	27	(	(	PUNCT
dem-16103	272	28	p	p	NOUN
dem-16103	272	29	-	-	PUNCT
dem-16103	272	30	value	value	NOUN
dem-16103	272	31	)	)	PUNCT
dem-16103	272	32	sdp	sdp	NOUN
dem-16103	272	33	–	–	PUNCT
dem-16103	272	34	pop	pop	NOUN
dem-16103	272	35	test	test	NOUN
dem-16103	272	36	statistic	statistic	NOUN
dem-16103	272	37	(	(	PUNCT
dem-16103	272	38	p	p	NOUN
dem-16103	272	39	-	-	PUNCT
dem-16103	272	40	value	value	NOUN
dem-16103	272	41	)	)	PUNCT
dem-16103	272	42	pcsdp	pcsdp	ADJ
dem-16103	272	43	–	–	PUNCT
dem-16103	272	44	pcca	pcca	NOUN
dem-16103	272	45	test	test	NOUN
dem-16103	272	46	statistic	statistic	NOUN
dem-16103	272	47	(	(	PUNCT
dem-16103	272	48	pvalue	pvalue	NOUN
dem-16103	272	49	)	)	PUNCT
dem-16103	272	50	pcsdp	pcsdp	ADJ
dem-16103	272	51	–	–	PUNCT
dem-16103	272	52	pcda	pcda	ADJ
dem-16103	272	53	test	test	NOUN
dem-16103	272	54	statistic	statistic	NOUN
dem-16103	272	55	(	(	PUNCT
dem-16103	272	56	pvalue	pvalue	NOUN
dem-16103	272	57	)	)	PUNCT
dem-16103	272	58	sdp	sdp	NOUN
dem-16103	272	59	–	–	PUNCT
dem-16103	272	60	nof	nof	PROPN
dem-16103	272	61	test	test	NOUN
dem-16103	272	62	statistic	statistic	PROPN
dem-16103	272	63	(	(	PUNCT
dem-16103	272	64	p	p	NOUN
dem-16103	272	65	-	-	PUNCT
dem-16103	272	66	value	value	NOUN
dem-16103	272	67	)	)	PUNCT
dem-16103	272	68	gτ	gτ	NOUN
dem-16103	272	69	–	–	PUNCT
dem-16103	272	70	1.78	1.78	NUM
dem-16103	272	71	*	*	PUNCT
dem-16103	272	72	–	–	PUNCT
dem-16103	272	73	1.94	1.94	NUM
dem-16103	272	74	*	*	PUNCT
dem-16103	272	75	–	–	PUNCT
dem-16103	272	76	1.49	1.49	NUM
dem-16103	272	77	*	*	PUNCT
dem-16103	272	78	–	–	PUNCT
dem-16103	272	79	1.72	1.72	NUM
dem-16103	272	80	*	*	PUNCT
dem-16103	272	81	–	–	PUNCT
dem-16103	272	82	2.36	2.36	NUM
dem-16103	272	83	*	*	PUNCT
dem-16103	272	84	–	–	PUNCT
dem-16103	272	85	1.74	1.74	NUM
dem-16103	272	86	*	*	NOUN
dem-16103	272	87	gα	gα	ADP
dem-16103	272	88	–	–	PUNCT
dem-16103	272	89	4.82	4.82	NUM
dem-16103	272	90	–	–	PUNCT
dem-16103	272	91	4.97	4.97	NUM
dem-16103	272	92	*	*	PUNCT
dem-16103	272	93	*	*	PUNCT
dem-16103	272	94	–	–	PUNCT
dem-16103	272	95	4.52	4.52	NUM
dem-16103	272	96	–	–	PUNCT
dem-16103	272	97	4.65	4.65	NUM
dem-16103	272	98	–	–	PUNCT
dem-16103	272	99	10.62	10.62	NUM
dem-16103	272	100	*	*	SYM
dem-16103	272	101	–	–	PUNCT
dem-16103	272	102	4.51	4.51	NUM
dem-16103	272	103	pτ	pτ	NOUN
dem-16103	272	104	–	–	PUNCT
dem-16103	272	105	8.18	8.18	NUM
dem-16103	272	106	*	*	PUNCT
dem-16103	272	107	–	–	PUNCT
dem-16103	272	108	7.84	7.84	NUM
dem-16103	272	109	*	*	PUNCT
dem-16103	272	110	–	–	PUNCT
dem-16103	272	111	8.84	8.84	NUM
dem-16103	272	112	*	*	PUNCT
dem-16103	272	113	–	–	PUNCT
dem-16103	272	114	7.09	7.09	NUM
dem-16103	272	115	*	*	PUNCT
dem-16103	272	116	–	–	PUNCT
dem-16103	272	117	9.17	9.17	NUM
dem-16103	272	118	*	*	PUNCT
dem-16103	272	119	–	–	PUNCT
dem-16103	272	120	10.65	10.65	NUM
dem-16103	272	121	*	*	SYM
dem-16103	272	122	pα	pα	INTJ
dem-16103	272	123	–	–	PUNCT
dem-16103	272	124	16.74	16.74	NUM
dem-16103	272	125	*	*	NUM
dem-16103	272	126	–	–	PUNCT
dem-16103	272	127	14.91	14.91	NUM
dem-16103	272	128	*	*	SYM
dem-16103	272	129	–	–	PUNCT
dem-16103	272	130	14.86	14.86	NUM
dem-16103	272	131	*	*	NUM
dem-16103	272	132	–	–	PUNCT
dem-16103	272	133	5.42	5.42	NUM
dem-16103	272	134	*	*	PUNCT
dem-16103	272	135	–	–	PUNCT
dem-16103	272	136	8.53	8.53	NUM
dem-16103	272	137	*	*	PUNCT
dem-16103	272	138	–	–	PUNCT
dem-16103	272	139	17.19	17.19	NUM
dem-16103	272	140	*	*	PUNCT
dem-16103	272	141	note	note	NOUN
dem-16103	272	142	:	:	PUNCT
dem-16103	272	143	*	*	ADJ
dem-16103	272	144	:	:	PUNCT
dem-16103	272	145	statistically	statistically	ADV
dem-16103	272	146	significant	significant	ADJ
dem-16103	272	147	at	at	ADP
dem-16103	272	148	1	1	NUM
dem-16103	272	149	per	per	NOUN
dem-16103	272	150	cent	cent	NOUN
dem-16103	272	151	level	level	NOUN
dem-16103	272	152	of	of	ADP
dem-16103	272	153	significance	significance	NOUN
dem-16103	272	154	,	,	PUNCT
dem-16103	272	155	*	*	PUNCT
dem-16103	272	156	*	*	PUNCT
dem-16103	272	157	:	:	PUNCT
dem-16103	272	158	statistically	statistically	ADV
dem-16103	272	159	significant	significant	ADJ
dem-16103	272	160	at	at	ADP
dem-16103	272	161	10	10	NUM
dem-16103	272	162	per	per	NOUN
dem-16103	272	163	cent	cent	NOUN
dem-16103	272	164	level	level	NOUN
dem-16103	272	165	of	of	ADP
dem-16103	272	166	significance	significance	NOUN
dem-16103	272	167	,	,	PUNCT
dem-16103	272	168	selection	selection	NOUN
dem-16103	272	169	of	of	ADP
dem-16103	272	170	lags	lag	NOUN
dem-16103	272	171	is	be	AUX
dem-16103	272	172	based	base	VERB
dem-16103	272	173	on	on	ADP
dem-16103	272	174	akie	akie	NOUN
dem-16103	272	175	information	information	NOUN
dem-16103	272	176	criterion	criterion	NOUN
dem-16103	272	177	(	(	PUNCT
dem-16103	272	178	aic	aic	PROPN
dem-16103	272	179	)	)	PUNCT
dem-16103	272	180	and	and	CCONJ
dem-16103	272	181	schwarz	schwarz	PROPN
dem-16103	272	182	information	information	NOUN
dem-16103	272	183	criterion	criterion	NOUN
dem-16103	272	184	(	(	PUNCT
dem-16103	272	185	sic	sic	ADJ
dem-16103	272	186	)	)	PUNCT
dem-16103	272	187	.	.	PUNCT
dem-16103	273	1	overall	overall	ADV
dem-16103	273	2	the	the	DET
dem-16103	273	3	above	above	ADJ
dem-16103	273	4	two	two	NUM
dem-16103	273	5	findings	finding	NOUN
dem-16103	273	6	suggests	suggest	VERB
dem-16103	273	7	that	that	SCONJ
dem-16103	273	8	it	it	PRON
dem-16103	273	9	is	be	AUX
dem-16103	273	10	essential	essential	ADJ
dem-16103	273	11	to	to	PART
dem-16103	273	12	expand	expand	VERB
dem-16103	273	13	the	the	DET
dem-16103	273	14	business	business	NOUN
dem-16103	273	15	and	and	CCONJ
dem-16103	273	16	dealings	dealing	NOUN
dem-16103	273	17	of	of	ADP
dem-16103	273	18	banks	bank	NOUN
dem-16103	273	19	by	by	ADP
dem-16103	273	20	augmenting	augment	VERB
dem-16103	273	21	the	the	DET
dem-16103	273	22	credit	credit	NOUN
dem-16103	273	23	and	and	CCONJ
dem-16103	273	24	deposits	deposit	NOUN
dem-16103	273	25	as	as	SCONJ
dem-16103	273	26	it	it	PRON
dem-16103	273	27	decides	decide	VERB
dem-16103	273	28	the	the	DET
dem-16103	273	29	degree	degree	NOUN
dem-16103	273	30	of	of	ADP
dem-16103	273	31	financial	financial	ADJ
dem-16103	273	32	accessibility	accessibility	NOUN
dem-16103	273	33	and	and	CCONJ
dem-16103	273	34	in	in	ADP
dem-16103	273	35	turn	turn	NOUN
dem-16103	273	36	promotes	promote	VERB
dem-16103	273	37	the	the	DET
dem-16103	273	38	economic	economic	ADJ
dem-16103	273	39	growth	growth	NOUN
dem-16103	273	40	in	in	ADP
dem-16103	273	41	the	the	DET
dem-16103	273	42	long	long	ADJ
dem-16103	273	43	run	run	NOUN
dem-16103	273	44	.	.	PUNCT
dem-16103	274	1	dynamics	dynamic	NOUN
dem-16103	274	2	of	of	ADP
dem-16103	274	3	financial	financial	ADJ
dem-16103	274	4	development	development	NOUN
dem-16103	274	5	and	and	CCONJ
dem-16103	274	6	economic	economic	ADJ
dem-16103	274	7	growth	growth	NOUN
dem-16103	274	8	:	:	PUNCT
dem-16103	274	9	panel	panel	NOUN
dem-16103	274	10	data	data	VERB
dem-16103	274	11	analysis	analysis	NOUN
dem-16103	274	12	…	…	SYM
dem-16103	274	13	dynamic	dynamic	ADJ
dem-16103	274	14	econometric	econometric	ADJ
dem-16103	274	15	models	model	NOUN
dem-16103	274	16	18	18	NUM
dem-16103	274	17	(	(	PUNCT
dem-16103	274	18	2018	2018	NUM
dem-16103	274	19	)	)	PUNCT
dem-16103	274	20	5–34	5–34	NOUN
dem-16103	274	21	25	25	NUM
dem-16103	274	22	further	far	ADV
dem-16103	274	23	,	,	PUNCT
dem-16103	274	24	the	the	DET
dem-16103	274	25	statistically	statistically	ADV
dem-16103	274	26	significant	significant	ADJ
dem-16103	274	27	value	value	NOUN
dem-16103	274	28	of	of	ADP
dem-16103	274	29	coefficients	coefficient	NOUN
dem-16103	274	30	of	of	ADP
dem-16103	274	31	sdp	sdp	NOUN
dem-16103	274	32	in	in	ADP
dem-16103	274	33	next	next	ADJ
dem-16103	274	34	scenario	scenario	NOUN
dem-16103	274	35	of	of	ADP
dem-16103	274	36	ppo	ppo	PROPN
dem-16103	274	37	=	=	PROPN
dem-16103	274	38	f(sdp	f(sdp	NOUN
dem-16103	274	39	)	)	PUNCT
dem-16103	274	40	points	point	NOUN
dem-16103	274	41	towards	towards	ADP
dem-16103	274	42	an	an	DET
dem-16103	274	43	important	important	ADJ
dem-16103	274	44	short	short	ADJ
dem-16103	274	45	-	-	PUNCT
dem-16103	274	46	run	run	NOUN
dem-16103	274	47	relationship	relationship	NOUN
dem-16103	274	48	suggesting	suggest	VERB
dem-16103	274	49	that	that	SCONJ
dem-16103	274	50	with	with	ADP
dem-16103	274	51	the	the	DET
dem-16103	274	52	increase	increase	NOUN
dem-16103	274	53	in	in	ADP
dem-16103	274	54	economic	economic	ADJ
dem-16103	274	55	growth	growth	NOUN
dem-16103	274	56	,	,	PUNCT
dem-16103	274	57	the	the	DET
dem-16103	274	58	population	population	NOUN
dem-16103	274	59	served	serve	VERB
dem-16103	274	60	by	by	ADP
dem-16103	274	61	the	the	DET
dem-16103	274	62	banks	bank	NOUN
dem-16103	274	63	will	will	AUX
dem-16103	274	64	also	also	ADV
dem-16103	274	65	increases	increase	VERB
dem-16103	274	66	.	.	PUNCT
dem-16103	275	1	with	with	ADP
dem-16103	275	2	the	the	DET
dem-16103	275	3	increase	increase	NOUN
dem-16103	275	4	in	in	ADP
dem-16103	275	5	sdp	sdp	NOUN
dem-16103	275	6	of	of	ADP
dem-16103	275	7	the	the	DET
dem-16103	275	8	state	state	NOUN
dem-16103	275	9	the	the	DET
dem-16103	275	10	circulation	circulation	NOUN
dem-16103	275	11	of	of	ADP
dem-16103	275	12	the	the	DET
dem-16103	275	13	money	money	NOUN
dem-16103	275	14	will	will	AUX
dem-16103	275	15	increase	increase	VERB
dem-16103	275	16	and	and	CCONJ
dem-16103	275	17	hence	hence	ADV
dem-16103	275	18	,	,	PUNCT
dem-16103	275	19	more	more	ADJ
dem-16103	275	20	people	people	NOUN
dem-16103	275	21	will	will	AUX
dem-16103	275	22	utilize	utilize	VERB
dem-16103	275	23	the	the	DET
dem-16103	275	24	services	service	NOUN
dem-16103	275	25	of	of	ADP
dem-16103	275	26	the	the	DET
dem-16103	275	27	bank	bank	NOUN
dem-16103	275	28	.	.	PUNCT
dem-16103	276	1	moreover	moreover	ADV
dem-16103	276	2	,	,	PUNCT
dem-16103	276	3	considering	consider	VERB
dem-16103	276	4	the	the	DET
dem-16103	276	5	broader	broad	ADJ
dem-16103	276	6	perspective	perspective	NOUN
dem-16103	276	7	higher	high	ADJ
dem-16103	276	8	population	population	NOUN
dem-16103	276	9	covered	cover	VERB
dem-16103	276	10	under	under	ADP
dem-16103	276	11	the	the	DET
dem-16103	276	12	banking	banking	NOUN
dem-16103	276	13	system	system	NOUN
dem-16103	276	14	will	will	AUX
dem-16103	276	15	slowly	slowly	ADV
dem-16103	276	16	and	and	CCONJ
dem-16103	276	17	steadily	steadily	ADV
dem-16103	276	18	enhance	enhance	VERB
dem-16103	276	19	the	the	DET
dem-16103	276	20	economic	economic	ADJ
dem-16103	276	21	growth	growth	NOUN
dem-16103	276	22	in	in	ADP
dem-16103	276	23	the	the	DET
dem-16103	276	24	long	long	ADJ
dem-16103	276	25	run	run	NOUN
dem-16103	276	26	.	.	PUNCT
dem-16103	277	1	this	this	PRON
dem-16103	277	2	is	be	AUX
dem-16103	277	3	indicated	indicate	VERB
dem-16103	277	4	by	by	ADP
dem-16103	277	5	the	the	DET
dem-16103	277	6	statistically	statistically	ADV
dem-16103	277	7	significant	significant	ADJ
dem-16103	277	8	coefficient	coefficient	NOUN
dem-16103	277	9	of	of	ADP
dem-16103	277	10	ect	ect	NOUN
dem-16103	277	11	in	in	ADP
dem-16103	277	12	the	the	DET
dem-16103	277	13	sdp=	sdp=	PROPN
dem-16103	277	14	f(pop	f(pop	PROPN
dem-16103	277	15	)	)	PUNCT
dem-16103	277	16	.	.	PUNCT
dem-16103	278	1	further	far	ADV
dem-16103	278	2	,	,	PUNCT
dem-16103	278	3	the	the	DET
dem-16103	278	4	statistically	statistically	ADV
dem-16103	278	5	significant	significant	ADJ
dem-16103	278	6	value	value	NOUN
dem-16103	278	7	of	of	ADP
dem-16103	278	8	coefficient	coefficient	NOUN
dem-16103	278	9	of	of	ADP
dem-16103	278	10	sdp	sdp	NOUN
dem-16103	278	11	in	in	ADP
dem-16103	278	12	next	next	ADJ
dem-16103	278	13	scenario	scenario	NOUN
dem-16103	278	14	of	of	ADP
dem-16103	278	15	nof	nof	PROPN
dem-16103	278	16	=	=	PROPN
dem-16103	278	17	f(sdp	f(sdp	PROPN
dem-16103	278	18	)	)	PUNCT
dem-16103	278	19	points	point	NOUN
dem-16103	278	20	towards	towards	ADP
dem-16103	278	21	an	an	DET
dem-16103	278	22	important	important	ADJ
dem-16103	278	23	short	short	ADJ
dem-16103	278	24	-	-	PUNCT
dem-16103	278	25	run	run	NOUN
dem-16103	278	26	relationship	relationship	NOUN
dem-16103	278	27	illustrating	illustrate	VERB
dem-16103	278	28	that	that	PRON
dem-16103	278	29	with	with	ADP
dem-16103	278	30	the	the	DET
dem-16103	278	31	increase	increase	NOUN
dem-16103	278	32	in	in	ADP
dem-16103	278	33	economic	economic	ADJ
dem-16103	278	34	growth	growth	NOUN
dem-16103	278	35	,	,	PUNCT
dem-16103	278	36	the	the	DET
dem-16103	278	37	number	number	NOUN
dem-16103	278	38	of	of	ADP
dem-16103	278	39	branches	branch	NOUN
dem-16103	278	40	within	within	ADP
dem-16103	278	41	a	a	DET
dem-16103	278	42	state	state	NOUN
dem-16103	278	43	will	will	AUX
dem-16103	278	44	increase	increase	VERB
dem-16103	278	45	and	and	CCONJ
dem-16103	278	46	hence	hence	ADV
dem-16103	278	47	,	,	PUNCT
dem-16103	278	48	the	the	DET
dem-16103	278	49	population	population	NOUN
dem-16103	278	50	served	serve	VERB
dem-16103	278	51	by	by	ADP
dem-16103	278	52	the	the	DET
dem-16103	278	53	banks	bank	NOUN
dem-16103	278	54	.	.	PUNCT
dem-16103	279	1	ardic	ardic	ADJ
dem-16103	279	2	and	and	CCONJ
dem-16103	279	3	damar	damar	PROPN
dem-16103	279	4	(	(	PUNCT
dem-16103	279	5	2006	2006	NUM
dem-16103	279	6	)	)	PUNCT
dem-16103	279	7	considered	consider	VERB
dem-16103	279	8	it	it	PRON
dem-16103	279	9	as	as	ADP
dem-16103	279	10	the	the	DET
dem-16103	279	11	indicator	indicator	NOUN
dem-16103	279	12	of	of	ADP
dem-16103	279	13	financial	financial	ADJ
dem-16103	279	14	depth	depth	NOUN
dem-16103	279	15	and	and	CCONJ
dem-16103	279	16	suggested	suggest	VERB
dem-16103	279	17	that	that	SCONJ
dem-16103	279	18	with	with	ADP
dem-16103	279	19	the	the	DET
dem-16103	279	20	increase	increase	NOUN
dem-16103	279	21	in	in	ADP
dem-16103	279	22	number	number	NOUN
dem-16103	279	23	of	of	ADP
dem-16103	279	24	branches	branch	NOUN
dem-16103	279	25	the	the	DET
dem-16103	279	26	domestic	domestic	ADJ
dem-16103	279	27	competition	competition	NOUN
dem-16103	279	28	increases	increase	NOUN
dem-16103	279	29	and	and	CCONJ
dem-16103	279	30	thus	thus	ADV
dem-16103	279	31	,	,	PUNCT
dem-16103	279	32	results	result	NOUN
dem-16103	279	33	in	in	ADP
dem-16103	279	34	the	the	DET
dem-16103	279	35	better	well	ADJ
dem-16103	279	36	financial	financial	ADJ
dem-16103	279	37	services	service	NOUN
dem-16103	279	38	and	and	CCONJ
dem-16103	279	39	in	in	ADP
dem-16103	279	40	-	-	PUNCT
dem-16103	279	41	turn	turn	NOUN
dem-16103	279	42	helps	help	VERB
dem-16103	279	43	in	in	ADP
dem-16103	279	44	the	the	DET
dem-16103	279	45	long	long	ADJ
dem-16103	279	46	run	run	NOUN
dem-16103	279	47	growth	growth	NOUN
dem-16103	279	48	.	.	PUNCT
dem-16103	280	1	the	the	DET
dem-16103	280	2	short	short	ADJ
dem-16103	280	3	run	run	NOUN
dem-16103	280	4	dynamics	dynamic	NOUN
dem-16103	280	5	of	of	ADP
dem-16103	280	6	per	per	ADP
dem-16103	280	7	capita	capita	NOUN
dem-16103	280	8	credit	credit	NOUN
dem-16103	280	9	and	and	CCONJ
dem-16103	280	10	economic	economic	ADJ
dem-16103	280	11	growth	growth	NOUN
dem-16103	280	12	presented	present	VERB
dem-16103	280	13	in	in	ADP
dem-16103	280	14	table	table	NOUN
dem-16103	280	15	7	7	NUM
dem-16103	280	16	suggest	suggest	VERB
dem-16103	280	17	that	that	SCONJ
dem-16103	280	18	a	a	DET
dem-16103	280	19	short	short	ADJ
dem-16103	280	20	-	-	PUNCT
dem-16103	280	21	run	run	NOUN
dem-16103	280	22	increase	increase	NOUN
dem-16103	280	23	of	of	ADP
dem-16103	280	24	bank	bank	NOUN
dem-16103	280	25	credit	credit	NOUN
dem-16103	280	26	inturn	inturn	NOUN
dem-16103	280	27	induces	induce	VERB
dem-16103	280	28	an	an	DET
dem-16103	280	29	increase	increase	NOUN
dem-16103	280	30	in	in	ADP
dem-16103	280	31	economic	economic	ADJ
dem-16103	280	32	growth	growth	NOUN
dem-16103	280	33	in	in	ADP
dem-16103	280	34	the	the	DET
dem-16103	280	35	selected	select	VERB
dem-16103	280	36	indian	indian	ADJ
dem-16103	280	37	states	state	NOUN
dem-16103	280	38	.	.	PUNCT
dem-16103	281	1	however	however	ADV
dem-16103	281	2	in	in	ADP
dem-16103	281	3	the	the	DET
dem-16103	281	4	long	long	ADV
dem-16103	281	5	-	-	PUNCT
dem-16103	281	6	run	run	NOUN
dem-16103	281	7	,	,	PUNCT
dem-16103	281	8	the	the	DET
dem-16103	281	9	magnitude	magnitude	NOUN
dem-16103	281	10	of	of	ADP
dem-16103	281	11	per	per	ADP
dem-16103	281	12	capita	capita	NOUN
dem-16103	281	13	credit	credit	NOUN
dem-16103	281	14	coefficient	coefficient	NOUN
dem-16103	281	15	is	be	AUX
dem-16103	281	16	quite	quite	ADV
dem-16103	281	17	small	small	ADJ
dem-16103	281	18	and	and	CCONJ
dem-16103	281	19	insignificant	insignificant	ADJ
dem-16103	281	20	indicating	indicate	VERB
dem-16103	281	21	that	that	SCONJ
dem-16103	281	22	per	per	ADP
dem-16103	281	23	capita	capita	NOUN
dem-16103	281	24	credit	credit	NOUN
dem-16103	281	25	partially	partially	ADV
dem-16103	281	26	determines	determine	VERB
dem-16103	281	27	the	the	DET
dem-16103	281	28	magnitude	magnitude	NOUN
dem-16103	281	29	of	of	ADP
dem-16103	281	30	real	real	ADJ
dem-16103	281	31	economic	economic	ADJ
dem-16103	281	32	growth	growth	NOUN
dem-16103	281	33	in	in	ADP
dem-16103	281	34	the	the	DET
dem-16103	281	35	short	short	ADJ
dem-16103	281	36	-	-	PUNCT
dem-16103	281	37	run	run	NOUN
dem-16103	281	38	only	only	ADV
dem-16103	281	39	.	.	PUNCT
dem-16103	282	1	this	this	PRON
dem-16103	282	2	can	can	AUX
dem-16103	282	3	be	be	AUX
dem-16103	282	4	inferred	infer	VERB
dem-16103	282	5	that	that	SCONJ
dem-16103	282	6	the	the	DET
dem-16103	282	7	growth	growth	NOUN
dem-16103	282	8	of	of	ADP
dem-16103	282	9	bank	bank	NOUN
dem-16103	282	10	credit	credit	NOUN
dem-16103	282	11	influences	influence	NOUN
dem-16103	282	12	per	per	ADP
dem-16103	282	13	capita	capita	X
dem-16103	282	14	sdp	sdp	NOUN
dem-16103	282	15	of	of	ADP
dem-16103	282	16	the	the	DET
dem-16103	282	17	selected	select	VERB
dem-16103	282	18	indian	indian	ADJ
dem-16103	282	19	states	state	NOUN
dem-16103	282	20	,	,	PUNCT
dem-16103	282	21	but	but	CCONJ
dem-16103	282	22	the	the	DET
dem-16103	282	23	reverse	reverse	NOUN
dem-16103	282	24	is	be	AUX
dem-16103	282	25	not	not	PART
dem-16103	282	26	necessarily	necessarily	ADV
dem-16103	282	27	true	true	ADJ
dem-16103	282	28	.	.	PUNCT
dem-16103	283	1	in	in	ADP
dem-16103	283	2	other	other	ADJ
dem-16103	283	3	words	word	NOUN
dem-16103	283	4	,	,	PUNCT
dem-16103	283	5	it	it	PRON
dem-16103	283	6	can	can	AUX
dem-16103	283	7	be	be	AUX
dem-16103	283	8	argued	argue	VERB
dem-16103	283	9	that	that	SCONJ
dem-16103	283	10	economic	economic	ADJ
dem-16103	283	11	growth	growth	NOUN
dem-16103	283	12	in	in	ADP
dem-16103	283	13	indian	indian	ADJ
dem-16103	283	14	states	state	NOUN
dem-16103	283	15	is	be	AUX
dem-16103	283	16	caused	cause	VERB
dem-16103	283	17	by	by	ADP
dem-16103	283	18	the	the	DET
dem-16103	283	19	expansion	expansion	NOUN
dem-16103	283	20	and	and	CCONJ
dem-16103	283	21	improvement	improvement	NOUN
dem-16103	283	22	of	of	ADP
dem-16103	283	23	the	the	DET
dem-16103	283	24	banking	banking	NOUN
dem-16103	283	25	system	system	NOUN
dem-16103	283	26	in	in	ADP
dem-16103	283	27	the	the	DET
dem-16103	283	28	long	long	ADV
dem-16103	283	29	-	-	PUNCT
dem-16103	283	30	run	run	NOUN
dem-16103	283	31	.	.	PUNCT
dem-16103	284	1	a	a	DET
dem-16103	284	2	significant	significant	ADJ
dem-16103	284	3	relationship	relationship	NOUN
dem-16103	284	4	between	between	ADP
dem-16103	284	5	the	the	DET
dem-16103	284	6	another	another	DET
dem-16103	284	7	proxy	proxy	NOUN
dem-16103	284	8	of	of	ADP
dem-16103	284	9	financial	financial	ADJ
dem-16103	284	10	development	development	NOUN
dem-16103	284	11	,	,	PUNCT
dem-16103	284	12	the	the	DET
dem-16103	284	13	bank	bank	NOUN
dem-16103	284	14	accounts	account	VERB
dem-16103	284	15	(	(	PUNCT
dem-16103	284	16	deposits	deposit	NOUN
dem-16103	284	17	)	)	PUNCT
dem-16103	284	18	per	per	ADP
dem-16103	284	19	person	person	NOUN
dem-16103	284	20	suggests	suggest	VERB
dem-16103	284	21	that	that	SCONJ
dem-16103	284	22	with	with	ADP
dem-16103	284	23	1	1	NUM
dem-16103	284	24	per	per	NOUN
dem-16103	284	25	cent	cent	NOUN
dem-16103	284	26	increase	increase	NOUN
dem-16103	284	27	in	in	ADP
dem-16103	284	28	the	the	DET
dem-16103	284	29	deposits	deposit	NOUN
dem-16103	284	30	the	the	DET
dem-16103	284	31	economic	economic	ADJ
dem-16103	284	32	growth	growth	NOUN
dem-16103	284	33	will	will	AUX
dem-16103	284	34	increase	increase	VERB
dem-16103	284	35	with	with	ADP
dem-16103	284	36	the	the	DET
dem-16103	284	37	same	same	ADJ
dem-16103	284	38	amount	amount	NOUN
dem-16103	284	39	.	.	PUNCT
dem-16103	285	1	moreover	moreover	ADV
dem-16103	285	2	,	,	PUNCT
dem-16103	285	3	the	the	DET
dem-16103	285	4	estimated	estimate	VERB
dem-16103	285	5	coefficient	coefficient	NOUN
dem-16103	285	6	of	of	ADP
dem-16103	285	7	the	the	DET
dem-16103	285	8	residual	residual	ADJ
dem-16103	285	9	from	from	ADP
dem-16103	285	10	the	the	DET
dem-16103	285	11	vecm	vecm	NOUN
dem-16103	285	12	test	test	NOUN
dem-16103	285	13	(	(	PUNCT
dem-16103	285	14	ect	ect	X
dem-16103	285	15	)	)	PUNCT
dem-16103	285	16	with	with	ADP
dem-16103	285	17	statistically	statistically	ADV
dem-16103	285	18	significant	significant	ADJ
dem-16103	285	19	value	value	NOUN
dem-16103	285	20	and	and	CCONJ
dem-16103	285	21	a	a	DET
dem-16103	285	22	negative	negative	ADJ
dem-16103	285	23	sign	sign	NOUN
dem-16103	285	24	confirms	confirm	VERB
dem-16103	285	25	the	the	DET
dem-16103	285	26	presence	presence	NOUN
dem-16103	285	27	of	of	ADP
dem-16103	285	28	long	long	ADV
dem-16103	285	29	-	-	PUNCT
dem-16103	285	30	run	run	VERB
dem-16103	285	31	equilibrium	equilibrium	NOUN
dem-16103	285	32	relation	relation	NOUN
dem-16103	285	33	between	between	ADP
dem-16103	285	34	the	the	DET
dem-16103	285	35	independent	independent	ADJ
dem-16103	285	36	and	and	CCONJ
dem-16103	285	37	dependent	dependent	ADJ
dem-16103	285	38	variable	variable	NOUN
dem-16103	285	39	at	at	ADP
dem-16103	285	40	5	5	NUM
dem-16103	285	41	per	per	NOUN
dem-16103	285	42	cent	cent	NOUN
dem-16103	285	43	level	level	NOUN
dem-16103	285	44	of	of	ADP
dem-16103	285	45	significance	significance	NOUN
dem-16103	285	46	.	.	PUNCT
dem-16103	286	1	the	the	DET
dem-16103	286	2	speed	speed	NOUN
dem-16103	286	3	of	of	ADP
dem-16103	286	4	adjustment	adjustment	NOUN
dem-16103	286	5	implies	imply	VERB
dem-16103	286	6	that	that	SCONJ
dem-16103	286	7	1.6	1.6	NUM
dem-16103	286	8	per	per	ADP
dem-16103	286	9	cent	cent	NOUN
dem-16103	286	10	of	of	ADP
dem-16103	286	11	the	the	DET
dem-16103	286	12	disturbance	disturbance	NOUN
dem-16103	286	13	in	in	ADP
dem-16103	286	14	the	the	DET
dem-16103	286	15	shortrun	shortrun	NOUN
dem-16103	286	16	will	will	AUX
dem-16103	286	17	be	be	AUX
dem-16103	286	18	corrected	correct	VERB
dem-16103	286	19	each	each	DET
dem-16103	286	20	year	year	NOUN
dem-16103	286	21	.	.	PUNCT
dem-16103	287	1	however	however	ADV
dem-16103	287	2	,	,	PUNCT
dem-16103	287	3	the	the	DET
dem-16103	287	4	results	result	NOUN
dem-16103	287	5	of	of	ADP
dem-16103	287	6	the	the	DET
dem-16103	287	7	study	study	NOUN
dem-16103	287	8	suggested	suggest	VERB
dem-16103	287	9	that	that	SCONJ
dem-16103	287	10	there	there	PRON
dem-16103	287	11	is	be	VERB
dem-16103	287	12	no	no	DET
dem-16103	287	13	significant	significant	ADJ
dem-16103	287	14	relationship	relationship	NOUN
dem-16103	287	15	from	from	ADP
dem-16103	287	16	economic	economic	ADJ
dem-16103	287	17	growth	growth	NOUN
dem-16103	287	18	to	to	ADP
dem-16103	287	19	per	per	X
dem-16103	287	20	capita	capita	X
dem-16103	287	21	sdp	sdp	NOUN
dem-16103	287	22	of	of	ADP
dem-16103	287	23	the	the	DET
dem-16103	287	24	states	state	NOUN
dem-16103	287	25	in	in	ADP
dem-16103	287	26	short	short	ADJ
dem-16103	287	27	run	run	NOUN
dem-16103	287	28	or	or	CCONJ
dem-16103	287	29	in	in	ADP
dem-16103	287	30	long	long	ADJ
dem-16103	287	31	run	run	NOUN
dem-16103	287	32	.	.	PUNCT
dem-16103	288	1	shravani	shravani	PROPN
dem-16103	288	2	sharma	sharma	PROPN
dem-16103	288	3	and	and	CCONJ
dem-16103	288	4	supran	supran	PROPN
dem-16103	288	5	kumar	kumar	PROPN
dem-16103	288	6	dynamic	dynamic	PROPN
dem-16103	288	7	econometric	econometric	ADJ
dem-16103	288	8	models	model	NOUN
dem-16103	288	9	18	18	NUM
dem-16103	288	10	(	(	PUNCT
dem-16103	288	11	2018	2018	NUM
dem-16103	288	12	)	)	PUNCT
dem-16103	288	13	5–34	5–34	NOUN
dem-16103	288	14	26	26	NUM
dem-16103	288	15	table	table	NOUN
dem-16103	288	16	7	7	NUM
dem-16103	288	17	.	.	PUNCT
dem-16103	288	18	panel	panel	NOUN
dem-16103	288	19	vecm	vecm	NOUN
dem-16103	288	20	estimation	estimation	NOUN
dem-16103	288	21	dependent	dependent	ADJ
dem-16103	288	22	variable	variable	ADJ
dem-16103	288	23	coeff	coeff	PROPN
dem-16103	288	24	t	t	PROPN
dem-16103	288	25	-	-	PUNCT
dem-16103	288	26	stat	stat	PROPN
dem-16103	288	27	dependent	dependent	ADJ
dem-16103	288	28	variable	variable	ADJ
dem-16103	288	29	coeff	coeff	PROPN
dem-16103	288	30	t	t	PROPN
dem-16103	288	31	-	-	PUNCT
dem-16103	288	32	stat	stat	PROPN
dem-16103	288	33	direction	direction	NOUN
dem-16103	288	34	of	of	ADP
dem-16103	288	35	causality	causality	NOUN
dem-16103	288	36	sdp	sdp	PROPN
dem-16103	288	37	sr	sr	PROPN
dem-16103	288	38	ca	can	AUX
dem-16103	288	39	0.107	0.107	NUM
dem-16103	288	40	0.650	0.650	NUM
dem-16103	288	41	ca	can	AUX
dem-16103	288	42	sr	sr	PROPN
dem-16103	288	43	sdp	sdp	PROPN
dem-16103	288	44	–	–	PUNCT
dem-16103	288	45	0.009	0.009	NUM
dem-16103	288	46	*	*	PUNCT
dem-16103	288	47	*	*	PUNCT
dem-16103	288	48	*	*	PUNCT
dem-16103	288	49	–	–	PUNCT
dem-16103	288	50	0.135	0.135	NUM
dem-16103	288	51	ca<–>sdp	ca<–>sdp	NOUN
dem-16103	288	52	lr	lr	X
dem-16103	288	53	ect	ect	X
dem-16103	288	54	–	–	PUNCT
dem-16103	288	55	0.025	0.025	NUM
dem-16103	288	56	*	*	PUNCT
dem-16103	288	57	–	–	PUNCT
dem-16103	288	58	2.661	2.661	NUM
dem-16103	288	59	lr	lr	X
dem-16103	288	60	ect	ect	X
dem-16103	288	61	–	–	PUNCT
dem-16103	288	62	0.001	0.001	NUM
dem-16103	288	63	–	–	PUNCT
dem-16103	288	64	0.423	0.423	NUM
dem-16103	288	65	sdp	sdp	NOUN
dem-16103	288	66	sr	sr	PROPN
dem-16103	288	67	da	da	PROPN
dem-16103	288	68	0.002	0.002	NUM
dem-16103	288	69	*	*	PUNCT
dem-16103	288	70	*	*	PUNCT
dem-16103	288	71	0.051	0.051	NUM
dem-16103	288	72	da	da	PROPN
dem-16103	288	73	sr	sr	PROPN
dem-16103	288	74	sdp	sdp	PROPN
dem-16103	288	75	–	–	PUNCT
dem-16103	288	76	0.429	0.429	NUM
dem-16103	288	77	–	–	PUNCT
dem-16103	288	78	2.336	2.336	NUM
dem-16103	288	79	sdp<–>da	sdp<–>da	NOUN
dem-16103	288	80	lr	lr	X
dem-16103	288	81	ect	ect	X
dem-16103	288	82	–	–	PUNCT
dem-16103	288	83	0.038	0.038	NUM
dem-16103	288	84	–	–	PUNCT
dem-16103	288	85	0.878	0.878	NUM
dem-16103	288	86	lr	lr	X
dem-16103	288	87	ect	ect	X
dem-16103	288	88	–	–	PUNCT
dem-16103	288	89	0.446	0.446	NUM
dem-16103	288	90	*	*	SYM
dem-16103	288	91	–	–	PUNCT
dem-16103	288	92	6.784	6.784	NUM
dem-16103	288	93	pcsdp	pcsdp	PROPN
dem-16103	288	94	sr	sr	PROPN
dem-16103	288	95	pcc	pcc	PROPN
dem-16103	288	96	0.008	0.008	PROPN
dem-16103	288	97	*	*	PROPN
dem-16103	288	98	1.826	1.826	NUM
dem-16103	288	99	pcc	pcc	PROPN
dem-16103	288	100	sr	sr	PROPN
dem-16103	288	101	pcsdp	pcsdp	PROPN
dem-16103	288	102	1.752	1.752	NUM
dem-16103	288	103	3.142	3.142	NUM
dem-16103	288	104	pcc–>pcsdp	pcc–>pcsdp	NUM
dem-16103	288	105	lr	lr	X
dem-16103	288	106	ect	ect	X
dem-16103	288	107	0.014	0.014	NUM
dem-16103	288	108	3.252	3.252	NUM
dem-16103	288	109	lr	lr	X
dem-16103	288	110	ect	ect	X
dem-16103	288	111	–	–	PUNCT
dem-16103	288	112	0.004	0.004	NUM
dem-16103	288	113	–	–	PUNCT
dem-16103	288	114	0.378	0.378	NUM
dem-16103	288	115	pcsdp	pcsdp	PROPN
dem-16103	288	116	sr	sr	PROPN
dem-16103	288	117	pcd	pcd	PROPN
dem-16103	288	118	0.010	0.010	NUM
dem-16103	288	119	*	*	PROPN
dem-16103	288	120	0.951	0.951	NUM
dem-16103	288	121	pcd	pcd	PROPN
dem-16103	288	122	sr	sr	PROPN
dem-16103	288	123	pcsdp	pcsdp	PROPN
dem-16103	288	124	1.056	1.056	NUM
dem-16103	288	125	3.928	3.928	NUM
dem-16103	288	126	pcd–>pcsdp	pcd–>pcsdp	NUM
dem-16103	288	127	lr	lr	X
dem-16103	288	128	ect	ect	PROPN
dem-16103	288	129	0.016	0.016	NUM
dem-16103	288	130	*	*	PUNCT
dem-16103	288	131	*	*	PROPN
dem-16103	288	132	3.075	3.075	NUM
dem-16103	288	133	lr	lr	X
dem-16103	288	134	ect	ect	ADP
dem-16103	288	135	0.006	0.006	NUM
dem-16103	288	136	0.437	0.437	NUM
dem-16103	288	137	sdp	sdp	NOUN
dem-16103	288	138	sr	sr	PROPN
dem-16103	288	139	pop	pop	NOUN
dem-16103	288	140	–	–	PUNCT
dem-16103	288	141	0.132	0.132	NUM
dem-16103	288	142	–	–	SYM
dem-16103	288	143	1.050	1.050	NUM
dem-16103	288	144	pop	pop	NOUN
dem-16103	288	145	sr	sr	PROPN
dem-16103	288	146	sdp	sdp	NOUN
dem-16103	288	147	0.017	0.017	NUM
dem-16103	288	148	*	*	PROPN
dem-16103	288	149	*	*	PUNCT
dem-16103	288	150	0.410	0.410	NUM
dem-16103	288	151	pop<–>sdp	pop<–>sdp	ADJ
dem-16103	288	152	lr	lr	X
dem-16103	288	153	ect	ect	X
dem-16103	288	154	–	–	PUNCT
dem-16103	288	155	0.038	0.038	NUM
dem-16103	288	156	*	*	PUNCT
dem-16103	288	157	–	–	PUNCT
dem-16103	288	158	3.240	3.240	NUM
dem-16103	288	159	lr	lr	X
dem-16103	288	160	ect	ect	X
dem-16103	288	161	–	–	PUNCT
dem-16103	288	162	0.012	0.012	NUM
dem-16103	288	163	–	–	PUNCT
dem-16103	288	164	0.190	0.190	NUM
dem-16103	288	165	sdp	sdp	PROPN
dem-16103	288	166	sr	sr	PROPN
dem-16103	288	167	nof	nof	PROPN
dem-16103	288	168	0.560	0.560	NUM
dem-16103	288	169	0.345	0.345	NUM
dem-16103	288	170	nof	nof	PROPN
dem-16103	288	171	sr	sr	PROPN
dem-16103	288	172	sdp	sdp	PROPN
dem-16103	288	173	–	–	PUNCT
dem-16103	288	174	0.26	0.26	NUM
dem-16103	288	175	*	*	PUNCT
dem-16103	288	176	*	*	PUNCT
dem-16103	288	177	–	–	PUNCT
dem-16103	288	178	1.527	1.527	NUM
dem-16103	288	179	sdp<–>nof	sdp<–>nof	NOUN
dem-16103	288	180	lr	lr	X
dem-16103	288	181	ect	ect	X
dem-16103	288	182	–	–	PUNCT
dem-16103	288	183	0.162	0.162	NUM
dem-16103	288	184	*	*	PUNCT
dem-16103	288	185	–	–	PUNCT
dem-16103	288	186	3.288	3.288	NUM
dem-16103	288	187	lr	lr	X
dem-16103	288	188	ect	ect	X
dem-16103	288	189	–	–	PUNCT
dem-16103	288	190	0.031	0.031	NUM
dem-16103	288	191	*	*	PUNCT
dem-16103	288	192	–	–	PUNCT
dem-16103	288	193	4.462	4.462	NUM
dem-16103	288	194	note	note	NOUN
dem-16103	288	195	:	:	PUNCT
dem-16103	288	196	*	*	ADJ
dem-16103	288	197	:	:	PUNCT
dem-16103	288	198	statistically	statistically	ADV
dem-16103	288	199	significant	significant	ADJ
dem-16103	288	200	at	at	ADP
dem-16103	288	201	1	1	NUM
dem-16103	288	202	per	per	NOUN
dem-16103	288	203	cent	cent	NOUN
dem-16103	288	204	level	level	NOUN
dem-16103	288	205	of	of	ADP
dem-16103	288	206	significance	significance	NOUN
dem-16103	288	207	,	,	PUNCT
dem-16103	288	208	*	*	PUNCT
dem-16103	288	209	*	*	PUNCT
dem-16103	288	210	:	:	PUNCT
dem-16103	288	211	statistically	statistically	ADV
dem-16103	288	212	significant	significant	ADJ
dem-16103	288	213	at	at	ADP
dem-16103	288	214	5	5	NUM
dem-16103	288	215	per	per	NOUN
dem-16103	288	216	cent	cent	NOUN
dem-16103	288	217	level	level	NOUN
dem-16103	288	218	of	of	ADP
dem-16103	288	219	significance	significance	NOUN
dem-16103	288	220	,	,	PUNCT
dem-16103	288	221	*	*	PUNCT
dem-16103	288	222	*	*	PUNCT
dem-16103	288	223	*	*	PUNCT
dem-16103	288	224	:	:	PUNCT
dem-16103	288	225	statistically	statistically	ADV
dem-16103	288	226	significant	significant	ADJ
dem-16103	288	227	at	at	ADP
dem-16103	288	228	10	10	NUM
dem-16103	288	229	per	per	NOUN
dem-16103	288	230	cent	cent	NOUN
dem-16103	288	231	level	level	NOUN
dem-16103	288	232	of	of	ADP
dem-16103	288	233	significance	significance	NOUN
dem-16103	288	234	;	;	PUNCT
dem-16103	288	235	sr	sr	PROPN
dem-16103	288	236	:	:	PUNCT
dem-16103	288	237	short	short	ADJ
dem-16103	288	238	-	-	PUNCT
dem-16103	288	239	run	run	NOUN
dem-16103	288	240	relationship	relationship	NOUN
dem-16103	288	241	,	,	PUNCT
dem-16103	288	242	lr	lr	INTJ
dem-16103	288	243	:	:	PUNCT
dem-16103	288	244	long	long	ADJ
dem-16103	288	245	-	-	PUNCT
dem-16103	288	246	run	run	NOUN
dem-16103	288	247	relationship	relationship	NOUN
dem-16103	288	248	the	the	DET
dem-16103	288	249	results	result	NOUN
dem-16103	288	250	in	in	ADP
dem-16103	288	251	table	table	NOUN
dem-16103	288	252	7	7	NUM
dem-16103	288	253	overall	overall	ADJ
dem-16103	288	254	suggests	suggest	VERB
dem-16103	288	255	a	a	DET
dem-16103	288	256	bi	bi	ADJ
dem-16103	288	257	-	-	ADJ
dem-16103	288	258	directional	directional	ADJ
dem-16103	288	259	causal	causal	ADJ
dem-16103	288	260	relationship	relationship	NOUN
dem-16103	288	261	suggesting	suggest	VERB
dem-16103	288	262	that	that	SCONJ
dem-16103	288	263	credit	credit	NOUN
dem-16103	288	264	is	be	AUX
dem-16103	288	265	a	a	DET
dem-16103	288	266	crucial	crucial	ADJ
dem-16103	288	267	factor	factor	NOUN
dem-16103	288	268	of	of	ADP
dem-16103	288	269	production	production	NOUN
dem-16103	288	270	,	,	PUNCT
dem-16103	288	271	and	and	CCONJ
dem-16103	288	272	increasing	increase	VERB
dem-16103	288	273	proper	proper	ADJ
dem-16103	288	274	credit	credit	NOUN
dem-16103	288	275	allocation	allocation	NOUN
dem-16103	288	276	in	in	ADP
dem-16103	288	277	the	the	DET
dem-16103	288	278	long	long	ADV
dem-16103	288	279	-	-	PUNCT
dem-16103	288	280	run	run	NOUN
dem-16103	288	281	will	will	AUX
dem-16103	288	282	enhance	enhance	VERB
dem-16103	288	283	the	the	DET
dem-16103	288	284	economic	economic	ADJ
dem-16103	288	285	growth	growth	NOUN
dem-16103	288	286	so	so	SCONJ
dem-16103	288	287	there	there	PRON
dem-16103	288	288	is	be	VERB
dem-16103	288	289	a	a	DET
dem-16103	288	290	need	need	NOUN
dem-16103	288	291	to	to	PART
dem-16103	288	292	develop	develop	VERB
dem-16103	288	293	an	an	DET
dem-16103	288	294	advance	advance	ADJ
dem-16103	288	295	current	current	ADJ
dem-16103	288	296	credit	credit	NOUN
dem-16103	288	297	allocation	allocation	NOUN
dem-16103	288	298	process	process	NOUN
dem-16103	288	299	.	.	PUNCT
dem-16103	289	1	so	so	ADV
dem-16103	289	2	,	,	PUNCT
dem-16103	289	3	focus	focus	VERB
dem-16103	289	4	increasing	increase	VERB
dem-16103	289	5	the	the	DET
dem-16103	289	6	number	number	NOUN
dem-16103	289	7	of	of	ADP
dem-16103	289	8	business	business	NOUN
dem-16103	289	9	units	unit	NOUN
dem-16103	289	10	of	of	ADP
dem-16103	289	11	the	the	DET
dem-16103	289	12	banks	bank	NOUN
dem-16103	289	13	in	in	ADP
dem-16103	289	14	less	less	ADJ
dem-16103	289	15	developed	develop	VERB
dem-16103	289	16	areas	area	NOUN
dem-16103	289	17	will	will	AUX
dem-16103	289	18	benefit	benefit	VERB
dem-16103	289	19	the	the	DET
dem-16103	289	20	economy	economy	NOUN
dem-16103	289	21	directly	directly	ADV
dem-16103	289	22	.	.	PUNCT
dem-16103	290	1	thus	thus	ADV
dem-16103	290	2	,	,	PUNCT
dem-16103	290	3	overall	overall	ADV
dem-16103	290	4	it	it	PRON
dem-16103	290	5	is	be	AUX
dem-16103	290	6	highlighted	highlight	VERB
dem-16103	290	7	that	that	SCONJ
dem-16103	290	8	policies	policy	NOUN
dem-16103	290	9	which	which	PRON
dem-16103	290	10	affect	affect	VERB
dem-16103	290	11	financial	financial	ADJ
dem-16103	290	12	development	development	NOUN
dem-16103	290	13	in	in	ADP
dem-16103	290	14	short	short	ADJ
dem-16103	290	15	-	-	PUNCT
dem-16103	290	16	run	run	NOUN
dem-16103	290	17	or	or	CCONJ
dem-16103	290	18	in	in	ADP
dem-16103	290	19	long	long	ADV
dem-16103	290	20	-	-	PUNCT
dem-16103	290	21	run	run	NOUN
dem-16103	290	22	are	be	AUX
dem-16103	290	23	likely	likely	ADJ
dem-16103	290	24	to	to	PART
dem-16103	290	25	have	have	VERB
dem-16103	290	26	an	an	DET
dem-16103	290	27	effect	effect	NOUN
dem-16103	290	28	on	on	ADP
dem-16103	290	29	economic	economic	ADJ
dem-16103	290	30	growth	growth	NOUN
dem-16103	290	31	and	and	CCONJ
dem-16103	290	32	vice	vice	NOUN
dem-16103	290	33	-	-	NOUN
dem-16103	290	34	versa	versa	ADJ
dem-16103	290	35	.	.	PUNCT
dem-16103	291	1	conclusions	conclusion	NOUN
dem-16103	291	2	and	and	CCONJ
dem-16103	291	3	policy	policy	NOUN
dem-16103	291	4	implications	implication	NOUN
dem-16103	291	5	with	with	ADP
dem-16103	291	6	the	the	DET
dem-16103	291	7	help	help	NOUN
dem-16103	291	8	of	of	ADP
dem-16103	291	9	standard	standard	ADJ
dem-16103	291	10	refined	refined	ADJ
dem-16103	291	11	panel	panel	NOUN
dem-16103	291	12	analysis	analysis	NOUN
dem-16103	291	13	techniques	technique	NOUN
dem-16103	291	14	including	include	VERB
dem-16103	291	15	panel	panel	NOUN
dem-16103	291	16	unit	unit	NOUN
dem-16103	291	17	root	root	NOUN
dem-16103	291	18	,	,	PUNCT
dem-16103	291	19	panel	panel	NOUN
dem-16103	291	20	cointegration	cointegration	NOUN
dem-16103	291	21	and	and	CCONJ
dem-16103	291	22	panel	panel	NOUN
dem-16103	291	23	error	error	NOUN
dem-16103	291	24	correction	correction	NOUN
dem-16103	291	25	model	model	NOUN
dem-16103	291	26	for	for	ADP
dem-16103	291	27	a	a	DET
dem-16103	291	28	sample	sample	NOUN
dem-16103	291	29	of	of	ADP
dem-16103	291	30	23	23	NUM
dem-16103	291	31	states	state	NOUN
dem-16103	291	32	of	of	ADP
dem-16103	291	33	india	india	PROPN
dem-16103	291	34	over	over	ADP
dem-16103	291	35	the	the	DET
dem-16103	291	36	period	period	NOUN
dem-16103	291	37	of	of	ADP
dem-16103	291	38	1997–1998	1997–1998	NUM
dem-16103	291	39	to	to	ADP
dem-16103	291	40	2015–2016	2015–2016	NUM
dem-16103	291	41	,	,	PUNCT
dem-16103	291	42	the	the	DET
dem-16103	291	43	present	present	ADJ
dem-16103	291	44	study	study	NOUN
dem-16103	291	45	analysed	analyse	VERB
dem-16103	291	46	the	the	DET
dem-16103	291	47	dynamics	dynamic	NOUN
dem-16103	291	48	of	of	ADP
dem-16103	291	49	causal	causal	ADJ
dem-16103	291	50	relationship	relationship	NOUN
dem-16103	291	51	between	between	ADP
dem-16103	291	52	financial	financial	ADJ
dem-16103	291	53	development	development	NOUN
dem-16103	291	54	and	and	CCONJ
dem-16103	291	55	economic	economic	ADJ
dem-16103	291	56	growth	growth	NOUN
dem-16103	291	57	in	in	ADP
dem-16103	291	58	the	the	DET
dem-16103	291	59	sampled	sample	VERB
dem-16103	291	60	states	state	NOUN
dem-16103	291	61	of	of	ADP
dem-16103	291	62	the	the	DET
dem-16103	291	63	country	country	NOUN
dem-16103	291	64	.	.	PUNCT
dem-16103	292	1	the	the	DET
dem-16103	292	2	results	result	NOUN
dem-16103	292	3	of	of	ADP
dem-16103	292	4	the	the	DET
dem-16103	292	5	study	study	NOUN
dem-16103	292	6	are	be	AUX
dem-16103	292	7	robust	robust	ADJ
dem-16103	292	8	as	as	SCONJ
dem-16103	292	9	the	the	DET
dem-16103	292	10	present	present	ADJ
dem-16103	292	11	study	study	NOUN
dem-16103	292	12	have	have	AUX
dem-16103	292	13	utilised	utilise	VERB
dem-16103	292	14	both	both	CCONJ
dem-16103	292	15	the	the	DET
dem-16103	292	16	first	first	ADJ
dem-16103	292	17	generation	generation	NOUN
dem-16103	292	18	and	and	CCONJ
dem-16103	292	19	well	well	ADV
dem-16103	292	20	as	as	ADP
dem-16103	292	21	the	the	DET
dem-16103	292	22	recently	recently	ADV
dem-16103	292	23	developed	develop	VERB
dem-16103	292	24	second	second	ADJ
dem-16103	292	25	generation	generation	NOUN
dem-16103	292	26	unit	unit	NOUN
dem-16103	292	27	root	root	NOUN
dem-16103	292	28	as	as	ADV
dem-16103	292	29	well	well	ADV
dem-16103	292	30	as	as	ADP
dem-16103	292	31	cointegration	cointegration	NOUN
dem-16103	292	32	tests	test	NOUN
dem-16103	292	33	.	.	PUNCT
dem-16103	293	1	firstly	firstly	ADV
dem-16103	293	2	,	,	PUNCT
dem-16103	293	3	the	the	DET
dem-16103	293	4	series	series	NOUN
dem-16103	293	5	was	be	AUX
dem-16103	293	6	tested	test	VERB
dem-16103	293	7	for	for	ADP
dem-16103	293	8	crosssectional	crosssectional	ADJ
dem-16103	293	9	dependence	dependence	NOUN
dem-16103	293	10	,	,	PUNCT
dem-16103	293	11	and	and	CCONJ
dem-16103	293	12	the	the	DET
dem-16103	293	13	statistically	statistically	ADV
dem-16103	293	14	significant	significant	ADJ
dem-16103	293	15	values	value	NOUN
dem-16103	293	16	of	of	ADP
dem-16103	293	17	crosscorrelation	crosscorrelation	NOUN
dem-16103	293	18	data	datum	NOUN
dem-16103	293	19	provided	provide	VERB
dem-16103	293	20	evidence	evidence	NOUN
dem-16103	293	21	in	in	ADP
dem-16103	293	22	support	support	NOUN
dem-16103	293	23	of	of	ADP
dem-16103	293	24	cross	cross	ADJ
dem-16103	293	25	-	-	ADJ
dem-16103	293	26	sectional	sectional	ADJ
dem-16103	293	27	dependency	dependency	NOUN
dem-16103	293	28	.	.	PUNCT
dem-16103	294	1	further	far	ADV
dem-16103	294	2	,	,	PUNCT
dem-16103	294	3	the	the	DET
dem-16103	294	4	results	result	NOUN
dem-16103	294	5	of	of	ADP
dem-16103	294	6	both	both	CCONJ
dem-16103	294	7	first	first	ADJ
dem-16103	294	8	and	and	CCONJ
dem-16103	294	9	second	second	ADJ
dem-16103	294	10	generation	generation	NOUN
dem-16103	294	11	unit	unit	NOUN
dem-16103	294	12	root	root	NOUN
dem-16103	294	13	as	as	ADV
dem-16103	294	14	well	well	ADV
dem-16103	294	15	as	as	ADP
dem-16103	294	16	cointegration	cointegration	NOUN
dem-16103	294	17	test	test	NOUN
dem-16103	294	18	that	that	PRON
dem-16103	294	19	account	account	VERB
dem-16103	294	20	for	for	ADP
dem-16103	294	21	cross	cross	ADJ
dem-16103	294	22	-	-	ADJ
dem-16103	294	23	sectional	sectional	ADJ
dem-16103	294	24	dependence	dependence	NOUN
dem-16103	294	25	were	be	AUX
dem-16103	294	26	used	use	VERB
dem-16103	294	27	to	to	PART
dem-16103	294	28	examine	examine	VERB
dem-16103	294	29	the	the	DET
dem-16103	294	30	data	datum	NOUN
dem-16103	294	31	,	,	PUNCT
dem-16103	294	32	and	and	CCONJ
dem-16103	294	33	the	the	DET
dem-16103	294	34	results	result	NOUN
dem-16103	294	35	indicated	indicate	VERB
dem-16103	294	36	an	an	DET
dem-16103	294	37	integration	integration	NOUN
dem-16103	294	38	of	of	ADP
dem-16103	294	39	order	order	NOUN
dem-16103	294	40	one	one	NUM
dem-16103	294	41	for	for	ADP
dem-16103	294	42	all	all	DET
dem-16103	294	43	the	the	DET
dem-16103	294	44	variables	variable	NOUN
dem-16103	294	45	(	(	PUNCT
dem-16103	294	46	except	except	SCONJ
dem-16103	294	47	for	for	ADP
dem-16103	294	48	few	few	ADJ
dem-16103	294	49	as	as	ADP
dem-16103	294	50	mentioned	mention	VERB
dem-16103	294	51	above	above	ADV
dem-16103	294	52	)	)	PUNCT
dem-16103	294	53	.	.	PUNCT
dem-16103	295	1	the	the	DET
dem-16103	295	2	results	result	NOUN
dem-16103	295	3	suggested	suggest	VERB
dem-16103	295	4	the	the	DET
dem-16103	295	5	dynamics	dynamic	NOUN
dem-16103	295	6	of	of	ADP
dem-16103	295	7	financial	financial	ADJ
dem-16103	295	8	development	development	NOUN
dem-16103	295	9	and	and	CCONJ
dem-16103	295	10	economic	economic	ADJ
dem-16103	295	11	growth	growth	NOUN
dem-16103	295	12	:	:	PUNCT
dem-16103	295	13	panel	panel	NOUN
dem-16103	295	14	data	data	VERB
dem-16103	295	15	analysis	analysis	NOUN
dem-16103	295	16	…	…	SYM
dem-16103	295	17	dynamic	dynamic	ADJ
dem-16103	295	18	econometric	econometric	ADJ
dem-16103	295	19	models	model	NOUN
dem-16103	295	20	18	18	NUM
dem-16103	295	21	(	(	PUNCT
dem-16103	295	22	2018	2018	NUM
dem-16103	295	23	)	)	PUNCT
dem-16103	295	24	5–34	5–34	NOUN
dem-16103	295	25	27	27	NUM
dem-16103	295	26	presence	presence	NOUN
dem-16103	295	27	of	of	ADP
dem-16103	295	28	cointegration	cointegration	NOUN
dem-16103	295	29	and	and	CCONJ
dem-16103	295	30	causality	causality	NOUN
dem-16103	295	31	between	between	ADP
dem-16103	295	32	financial	financial	ADJ
dem-16103	295	33	development	development	NOUN
dem-16103	295	34	inputs	input	NOUN
dem-16103	295	35	and	and	CCONJ
dem-16103	295	36	economic	economic	ADJ
dem-16103	295	37	growth	growth	NOUN
dem-16103	295	38	.	.	PUNCT
dem-16103	296	1	the	the	DET
dem-16103	296	2	pedorni	pedorni	NOUN
dem-16103	296	3	’s	’s	PART
dem-16103	296	4	and	and	CCONJ
dem-16103	296	5	westerlund	westerlund	PROPN
dem-16103	296	6	’s	’s	PART
dem-16103	296	7	cointegration	cointegration	NOUN
dem-16103	296	8	test	test	NOUN
dem-16103	296	9	confirm	confirm	VERB
dem-16103	296	10	the	the	DET
dem-16103	296	11	long	long	ADV
dem-16103	296	12	-	-	PUNCT
dem-16103	296	13	run	run	NOUN
dem-16103	296	14	relationship	relationship	NOUN
dem-16103	296	15	between	between	ADP
dem-16103	296	16	financial	financial	ADJ
dem-16103	296	17	development	development	NOUN
dem-16103	296	18	and	and	CCONJ
dem-16103	296	19	respective	respective	ADJ
dem-16103	296	20	economic	economic	ADJ
dem-16103	296	21	growth	growth	NOUN
dem-16103	296	22	indicators	indicator	NOUN
dem-16103	296	23	.	.	PUNCT
dem-16103	297	1	policy	policy	NOUN
dem-16103	297	2	implications	implication	NOUN
dem-16103	297	3	of	of	ADP
dem-16103	297	4	the	the	DET
dem-16103	297	5	present	present	ADJ
dem-16103	297	6	empirical	empirical	ADJ
dem-16103	297	7	results	result	NOUN
dem-16103	297	8	are	be	AUX
dem-16103	297	9	presented	present	VERB
dem-16103	297	10	as	as	SCONJ
dem-16103	297	11	follows	follow	VERB
dem-16103	297	12	.	.	PUNCT
dem-16103	298	1	in	in	ADP
dem-16103	298	2	the	the	DET
dem-16103	298	3	present	present	ADJ
dem-16103	298	4	case	case	NOUN
dem-16103	298	5	,	,	PUNCT
dem-16103	298	6	a	a	DET
dem-16103	298	7	cyclic	cyclic	ADJ
dem-16103	298	8	relationship	relationship	NOUN
dem-16103	298	9	exits	exit	NOUN
dem-16103	298	10	,	,	PUNCT
dem-16103	298	11	financial	financial	ADJ
dem-16103	298	12	market	market	NOUN
dem-16103	298	13	develops	develop	VERB
dem-16103	298	14	more	more	ADJ
dem-16103	298	15	in	in	ADP
dem-16103	298	16	terms	term	NOUN
dem-16103	298	17	of	of	ADP
dem-16103	298	18	credit	credit	NOUN
dem-16103	298	19	allocation	allocation	NOUN
dem-16103	298	20	as	as	ADP
dem-16103	298	21	a	a	DET
dem-16103	298	22	consequence	consequence	NOUN
dem-16103	298	23	of	of	ADP
dem-16103	298	24	economic	economic	ADJ
dem-16103	298	25	growth	growth	NOUN
dem-16103	298	26	which	which	PRON
dem-16103	298	27	in	in	ADP
dem-16103	298	28	turn	turn	NOUN
dem-16103	298	29	feedbacks	feedback	NOUN
dem-16103	298	30	a	a	DET
dem-16103	298	31	stimulant	stimulant	NOUN
dem-16103	298	32	to	to	ADP
dem-16103	298	33	real	real	ADJ
dem-16103	298	34	growth	growth	NOUN
dem-16103	298	35	.	.	PUNCT
dem-16103	299	1	hence	hence	ADV
dem-16103	299	2	,	,	PUNCT
dem-16103	299	3	policies	policy	NOUN
dem-16103	299	4	which	which	PRON
dem-16103	299	5	emphasize	emphasize	VERB
dem-16103	299	6	more	more	ADV
dem-16103	299	7	on	on	ADP
dem-16103	299	8	the	the	DET
dem-16103	299	9	financial	financial	ADJ
dem-16103	299	10	development	development	NOUN
dem-16103	299	11	and	and	CCONJ
dem-16103	299	12	economic	economic	ADJ
dem-16103	299	13	growth	growth	NOUN
dem-16103	299	14	need	need	VERB
dem-16103	299	15	to	to	PART
dem-16103	299	16	be	be	AUX
dem-16103	299	17	developed	develop	VERB
dem-16103	299	18	.	.	PUNCT
dem-16103	300	1	in	in	ADP
dem-16103	300	2	the	the	DET
dem-16103	300	3	developing	develop	VERB
dem-16103	300	4	economy	economy	NOUN
dem-16103	300	5	like	like	ADP
dem-16103	300	6	india	india	PROPN
dem-16103	300	7	,	,	PUNCT
dem-16103	300	8	the	the	DET
dem-16103	300	9	financial	financial	ADJ
dem-16103	300	10	sector	sector	NOUN
dem-16103	300	11	is	be	AUX
dem-16103	300	12	mainly	mainly	ADV
dem-16103	300	13	dominated	dominate	VERB
dem-16103	300	14	by	by	ADP
dem-16103	300	15	commercial	commercial	ADJ
dem-16103	300	16	banks	bank	NOUN
dem-16103	300	17	.	.	PUNCT
dem-16103	301	1	hence	hence	ADV
dem-16103	301	2	,	,	PUNCT
dem-16103	301	3	to	to	PART
dem-16103	301	4	speed	speed	VERB
dem-16103	301	5	up	up	ADP
dem-16103	301	6	the	the	DET
dem-16103	301	7	financial	financial	ADJ
dem-16103	301	8	development	development	NOUN
dem-16103	301	9	of	of	ADP
dem-16103	301	10	such	such	ADJ
dem-16103	301	11	economies	economy	NOUN
dem-16103	301	12	,	,	PUNCT
dem-16103	301	13	stringent	stringent	ADJ
dem-16103	301	14	efforts	effort	NOUN
dem-16103	301	15	should	should	AUX
dem-16103	301	16	be	be	AUX
dem-16103	301	17	directed	direct	VERB
dem-16103	301	18	towards	towards	ADP
dem-16103	301	19	improvements	improvement	NOUN
dem-16103	301	20	in	in	ADP
dem-16103	301	21	the	the	DET
dem-16103	301	22	banking	banking	NOUN
dem-16103	301	23	sector	sector	NOUN
dem-16103	301	24	with	with	ADP
dem-16103	301	25	easy	easy	ADJ
dem-16103	301	26	access	access	NOUN
dem-16103	301	27	to	to	ADP
dem-16103	301	28	loans	loan	NOUN
dem-16103	301	29	.	.	PUNCT
dem-16103	302	1	the	the	DET
dem-16103	302	2	analysis	analysis	NOUN
dem-16103	302	3	reveals	reveal	VERB
dem-16103	302	4	that	that	SCONJ
dem-16103	302	5	there	there	PRON
dem-16103	302	6	exists	exist	VERB
dem-16103	302	7	a	a	DET
dem-16103	302	8	positive	positive	ADJ
dem-16103	302	9	relationship	relationship	NOUN
dem-16103	302	10	between	between	ADP
dem-16103	302	11	the	the	DET
dem-16103	302	12	number	number	NOUN
dem-16103	302	13	of	of	ADP
dem-16103	302	14	business	business	NOUN
dem-16103	302	15	units	unit	NOUN
dem-16103	302	16	,	,	PUNCT
dem-16103	302	17	the	the	DET
dem-16103	302	18	population	population	NOUN
dem-16103	302	19	served	serve	VERB
dem-16103	302	20	by	by	ADP
dem-16103	302	21	the	the	DET
dem-16103	302	22	bank	bank	PROPN
dem-16103	302	23	and	and	CCONJ
dem-16103	302	24	economic	economic	ADJ
dem-16103	302	25	growth	growth	NOUN
dem-16103	302	26	suggesting	suggest	VERB
dem-16103	302	27	that	that	SCONJ
dem-16103	302	28	higher	high	ADJ
dem-16103	302	29	the	the	DET
dem-16103	302	30	number	number	NOUN
dem-16103	302	31	of	of	ADP
dem-16103	302	32	bank	bank	NOUN
dem-16103	302	33	branches	branch	NOUN
dem-16103	302	34	higher	high	ADJ
dem-16103	302	35	will	will	AUX
dem-16103	302	36	be	be	AUX
dem-16103	302	37	the	the	DET
dem-16103	302	38	population	population	NOUN
dem-16103	302	39	served	serve	VERB
dem-16103	302	40	by	by	ADP
dem-16103	302	41	the	the	DET
dem-16103	302	42	branches	branch	NOUN
dem-16103	302	43	and	and	CCONJ
dem-16103	302	44	hence	hence	ADV
dem-16103	302	45	,	,	PUNCT
dem-16103	302	46	more	more	ADJ
dem-16103	302	47	will	will	AUX
dem-16103	302	48	be	be	AUX
dem-16103	302	49	the	the	DET
dem-16103	302	50	level	level	NOUN
dem-16103	302	51	of	of	ADP
dem-16103	302	52	economic	economic	ADJ
dem-16103	302	53	growth	growth	NOUN
dem-16103	302	54	.	.	PUNCT
dem-16103	303	1	these	these	DET
dem-16103	303	2	two	two	NUM
dem-16103	303	3	significant	significant	ADJ
dem-16103	303	4	indicators	indicator	NOUN
dem-16103	303	5	highlight	highlight	VERB
dem-16103	303	6	a	a	DET
dem-16103	303	7	very	very	ADV
dem-16103	303	8	relevant	relevant	ADJ
dem-16103	303	9	fact	fact	NOUN
dem-16103	303	10	that	that	SCONJ
dem-16103	303	11	the	the	DET
dem-16103	303	12	indian	indian	ADJ
dem-16103	303	13	economy	economy	NOUN
dem-16103	303	14	has	have	AUX
dem-16103	303	15	a	a	DET
dem-16103	303	16	lot	lot	NOUN
dem-16103	303	17	of	of	ADP
dem-16103	303	18	scope	scope	NOUN
dem-16103	303	19	in	in	ADP
dem-16103	303	20	harvesting	harvest	VERB
dem-16103	303	21	the	the	DET
dem-16103	303	22	less	less	ADV
dem-16103	303	23	financially	financially	ADV
dem-16103	303	24	developed	develop	VERB
dem-16103	303	25	geographical	geographical	ADJ
dem-16103	303	26	areas	area	NOUN
dem-16103	303	27	of	of	ADP
dem-16103	303	28	the	the	DET
dem-16103	303	29	state	state	NOUN
dem-16103	303	30	which	which	PRON
dem-16103	303	31	can	can	AUX
dem-16103	303	32	run	run	VERB
dem-16103	303	33	rapidly	rapidly	ADV
dem-16103	303	34	on	on	ADP
dem-16103	303	35	the	the	DET
dem-16103	303	36	greeny	greeny	NOUN
dem-16103	303	37	path	path	NOUN
dem-16103	303	38	of	of	ADP
dem-16103	303	39	dynamic	dynamic	ADJ
dem-16103	303	40	and	and	CCONJ
dem-16103	303	41	sharp	sharp	ADJ
dem-16103	303	42	long	long	ADJ
dem-16103	303	43	term	term	NOUN
dem-16103	303	44	sustainable	sustainable	ADJ
dem-16103	303	45	economic	economic	ADJ
dem-16103	303	46	growth	growth	NOUN
dem-16103	303	47	.	.	PUNCT
dem-16103	304	1	so	so	ADV
dem-16103	304	2	,	,	PUNCT
dem-16103	304	3	the	the	DET
dem-16103	304	4	government	government	NOUN
dem-16103	304	5	needs	need	VERB
dem-16103	304	6	to	to	PART
dem-16103	304	7	provide	provide	VERB
dem-16103	304	8	additional	additional	ADJ
dem-16103	304	9	consideration	consideration	NOUN
dem-16103	304	10	to	to	ADP
dem-16103	304	11	the	the	DET
dem-16103	304	12	banking	banking	NOUN
dem-16103	304	13	development	development	NOUN
dem-16103	304	14	in	in	ADP
dem-16103	304	15	less	less	ADJ
dem-16103	304	16	developed	develop	VERB
dem-16103	304	17	states	state	NOUN
dem-16103	304	18	so	so	SCONJ
dem-16103	304	19	as	as	SCONJ
dem-16103	304	20	to	to	PART
dem-16103	304	21	facilitate	facilitate	VERB
dem-16103	304	22	economic	economic	ADJ
dem-16103	304	23	growth	growth	NOUN
dem-16103	304	24	as	as	ADV
dem-16103	304	25	well	well	ADV
dem-16103	304	26	as	as	ADP
dem-16103	304	27	social	social	ADJ
dem-16103	304	28	development	development	NOUN
dem-16103	304	29	and	and	CCONJ
dem-16103	304	30	thus	thus	ADV
dem-16103	304	31	,	,	PUNCT
dem-16103	304	32	minimize	minimize	VERB
dem-16103	304	33	regional	regional	ADJ
dem-16103	304	34	disparities	disparity	NOUN
dem-16103	304	35	in	in	ADP
dem-16103	304	36	development	development	NOUN
dem-16103	304	37	and	and	CCONJ
dem-16103	304	38	economic	economic	ADJ
dem-16103	304	39	prosperity	prosperity	NOUN
dem-16103	304	40	at	at	ADP
dem-16103	304	41	regional	regional	ADJ
dem-16103	304	42	and	and	CCONJ
dem-16103	304	43	macro	macro	ADJ
dem-16103	304	44	level	level	NOUN
dem-16103	304	45	.	.	PUNCT
dem-16103	305	1	the	the	DET
dem-16103	305	2	banks	bank	NOUN
dem-16103	305	3	need	need	VERB
dem-16103	305	4	to	to	PART
dem-16103	305	5	support	support	VERB
dem-16103	305	6	and	and	CCONJ
dem-16103	305	7	assist	assist	VERB
dem-16103	305	8	opening	opening	NOUN
dem-16103	305	9	of	of	ADP
dem-16103	305	10	more	more	ADJ
dem-16103	305	11	bank	bank	NOUN
dem-16103	305	12	branches	branch	NOUN
dem-16103	305	13	in	in	ADP
dem-16103	305	14	different	different	ADJ
dem-16103	305	15	states	state	NOUN
dem-16103	305	16	so	so	SCONJ
dem-16103	305	17	that	that	SCONJ
dem-16103	305	18	the	the	DET
dem-16103	305	19	commercial	commercial	ADJ
dem-16103	305	20	banks	bank	NOUN
dem-16103	305	21	should	should	AUX
dem-16103	305	22	increase	increase	VERB
dem-16103	305	23	the	the	DET
dem-16103	305	24	business	business	NOUN
dem-16103	305	25	potential	potential	NOUN
dem-16103	305	26	by	by	ADP
dem-16103	305	27	accelerating	accelerate	VERB
dem-16103	305	28	both	both	DET
dem-16103	305	29	deposits	deposit	NOUN
dem-16103	305	30	and	and	CCONJ
dem-16103	305	31	advances	advance	NOUN
dem-16103	305	32	to	to	PART
dem-16103	305	33	improve	improve	VERB
dem-16103	305	34	the	the	DET
dem-16103	305	35	business	business	NOUN
dem-16103	305	36	and	and	CCONJ
dem-16103	305	37	the	the	DET
dem-16103	305	38	state	state	NOUN
dem-16103	305	39	government	government	NOUN
dem-16103	305	40	should	should	AUX
dem-16103	305	41	improve	improve	VERB
dem-16103	305	42	the	the	DET
dem-16103	305	43	climate	climate	NOUN
dem-16103	305	44	for	for	ADP
dem-16103	305	45	investment	investment	NOUN
dem-16103	305	46	through	through	ADP
dem-16103	305	47	better	well	ADJ
dem-16103	305	48	governance	governance	NOUN
dem-16103	305	49	so	so	SCONJ
dem-16103	305	50	that	that	SCONJ
dem-16103	305	51	the	the	DET
dem-16103	305	52	banking	banking	NOUN
dem-16103	305	53	activities	activity	NOUN
dem-16103	305	54	for	for	ADP
dem-16103	305	55	developmental	developmental	ADJ
dem-16103	305	56	schemes	scheme	NOUN
dem-16103	305	57	are	be	AUX
dem-16103	305	58	accelerated	accelerate	VERB
dem-16103	305	59	.	.	PUNCT
dem-16103	306	1	the	the	DET
dem-16103	306	2	bi	bi	ADJ
dem-16103	306	3	-	-	ADJ
dem-16103	306	4	directional	directional	ADJ
dem-16103	306	5	relationship	relationship	NOUN
dem-16103	306	6	between	between	ADP
dem-16103	306	7	credit	credit	NOUN
dem-16103	306	8	and	and	CCONJ
dem-16103	306	9	economic	economic	ADJ
dem-16103	306	10	growth	growth	NOUN
dem-16103	306	11	and	and	CCONJ
dem-16103	306	12	in	in	ADP
dem-16103	306	13	short	short	ADJ
dem-16103	306	14	-	-	PUNCT
dem-16103	306	15	run	run	NOUN
dem-16103	306	16	the	the	DET
dem-16103	306	17	uni	uni	ADJ
dem-16103	306	18	-	-	ADJ
dem-16103	306	19	directional	directional	ADJ
dem-16103	306	20	causality	causality	NOUN
dem-16103	306	21	from	from	ADP
dem-16103	306	22	per	per	ADP
dem-16103	306	23	capita	capita	NOUN
dem-16103	306	24	credit	credit	NOUN
dem-16103	306	25	suggests	suggest	VERB
dem-16103	306	26	that	that	SCONJ
dem-16103	306	27	the	the	DET
dem-16103	306	28	banking	banking	NOUN
dem-16103	306	29	system	system	NOUN
dem-16103	306	30	in	in	ADP
dem-16103	306	31	indian	indian	ADJ
dem-16103	306	32	economy	economy	NOUN
dem-16103	306	33	has	have	VERB
dem-16103	306	34	a	a	DET
dem-16103	306	35	lot	lot	NOUN
dem-16103	306	36	of	of	ADP
dem-16103	306	37	scope	scope	NOUN
dem-16103	306	38	of	of	ADP
dem-16103	306	39	flourishing	flourish	VERB
dem-16103	306	40	.	.	PUNCT
dem-16103	307	1	any	any	DET
dem-16103	307	2	expansion	expansion	NOUN
dem-16103	307	3	of	of	ADP
dem-16103	307	4	the	the	DET
dem-16103	307	5	domestic	domestic	ADJ
dem-16103	307	6	credit	credit	NOUN
dem-16103	307	7	provided	provide	VERB
dem-16103	307	8	by	by	ADP
dem-16103	307	9	the	the	DET
dem-16103	307	10	banking	banking	NOUN
dem-16103	307	11	sector	sector	NOUN
dem-16103	307	12	will	will	AUX
dem-16103	307	13	promote	promote	VERB
dem-16103	307	14	economic	economic	ADJ
dem-16103	307	15	growth	growth	NOUN
dem-16103	307	16	of	of	ADP
dem-16103	307	17	the	the	DET
dem-16103	307	18	indian	indian	ADJ
dem-16103	307	19	economy	economy	NOUN
dem-16103	307	20	and	and	CCONJ
dem-16103	307	21	vice	vice	NOUN
dem-16103	307	22	-	-	NOUN
dem-16103	307	23	versa	versa	NOUN
dem-16103	307	24	.	.	PUNCT
dem-16103	308	1	because	because	SCONJ
dem-16103	308	2	the	the	DET
dem-16103	308	3	financial	financial	ADJ
dem-16103	308	4	sectors	sector	NOUN
dem-16103	308	5	in	in	ADP
dem-16103	308	6	india	india	PROPN
dem-16103	308	7	is	be	AUX
dem-16103	308	8	still	still	ADV
dem-16103	308	9	developing	develop	VERB
dem-16103	308	10	,	,	PUNCT
dem-16103	308	11	deeper	deep	ADJ
dem-16103	308	12	and	and	CCONJ
dem-16103	308	13	more	more	ADV
dem-16103	308	14	efficient	efficient	ADJ
dem-16103	308	15	financial	financial	ADJ
dem-16103	308	16	markets	market	NOUN
dem-16103	308	17	are	be	AUX
dem-16103	308	18	needed	need	VERB
dem-16103	308	19	to	to	PART
dem-16103	308	20	improve	improve	VERB
dem-16103	308	21	the	the	DET
dem-16103	308	22	levels	level	NOUN
dem-16103	308	23	of	of	ADP
dem-16103	308	24	economic	economic	ADJ
dem-16103	308	25	development	development	NOUN
dem-16103	308	26	.	.	PUNCT
dem-16103	309	1	policies	policy	NOUN
dem-16103	309	2	should	should	AUX
dem-16103	309	3	aim	aim	VERB
dem-16103	309	4	at	at	ADP
dem-16103	309	5	enhancing	enhance	VERB
dem-16103	309	6	financial	financial	ADJ
dem-16103	309	7	development	development	NOUN
dem-16103	309	8	and	and	CCONJ
dem-16103	309	9	economic	economic	ADJ
dem-16103	309	10	growth	growth	NOUN
dem-16103	309	11	across	across	ADP
dem-16103	309	12	states	state	NOUN
dem-16103	309	13	rather	rather	ADV
dem-16103	309	14	than	than	ADP
dem-16103	309	15	concentrating	concentrate	VERB
dem-16103	309	16	on	on	ADP
dem-16103	309	17	limited	limited	ADJ
dem-16103	309	18	states	state	NOUN
dem-16103	309	19	which	which	PRON
dem-16103	309	20	,	,	PUNCT
dem-16103	309	21	in	in	ADP
dem-16103	309	22	turn	turn	NOUN
dem-16103	309	23	,	,	PUNCT
dem-16103	309	24	possibly	possibly	ADV
dem-16103	309	25	will	will	AUX
dem-16103	309	26	help	help	VERB
dem-16103	309	27	in	in	ADP
dem-16103	309	28	growth	growth	NOUN
dem-16103	309	29	convergence	convergence	NOUN
dem-16103	309	30	.	.	PUNCT
dem-16103	310	1	moreover	moreover	ADV
dem-16103	310	2	,	,	PUNCT
dem-16103	310	3	this	this	PRON
dem-16103	310	4	has	have	VERB
dem-16103	310	5	a	a	DET
dem-16103	310	6	signifishravani	signifishravani	ADJ
dem-16103	310	7	sharma	sharma	NOUN
dem-16103	310	8	and	and	CCONJ
dem-16103	310	9	supran	supran	PROPN
dem-16103	310	10	kumar	kumar	PROPN
dem-16103	310	11	dynamic	dynamic	PROPN
dem-16103	310	12	econometric	econometric	ADJ
dem-16103	310	13	models	model	NOUN
dem-16103	310	14	18	18	NUM
dem-16103	310	15	(	(	PUNCT
dem-16103	310	16	2018	2018	NUM
dem-16103	310	17	)	)	PUNCT
dem-16103	310	18	5–34	5–34	NOUN
dem-16103	310	19	28	28	NUM
dem-16103	310	20	ca	can	AUX
dem-16103	310	21	nt	not	PART
dem-16103	310	22	policy	policy	VERB
dem-16103	310	23	implication	implication	NOUN
dem-16103	310	24	that	that	SCONJ
dem-16103	310	25	a	a	DET
dem-16103	310	26	well	well	ADV
dem-16103	310	27	-	-	PUNCT
dem-16103	310	28	planned	plan	VERB
dem-16103	310	29	financial	financial	ADJ
dem-16103	310	30	policy	policy	NOUN
dem-16103	310	31	for	for	ADP
dem-16103	310	32	promoting	promote	VERB
dem-16103	310	33	the	the	DET
dem-16103	310	34	development	development	NOUN
dem-16103	310	35	of	of	ADP
dem-16103	310	36	domestic	domestic	ADJ
dem-16103	310	37	financial	financial	ADJ
dem-16103	310	38	markets	market	NOUN
dem-16103	310	39	encompassing	encompass	VERB
dem-16103	310	40	the	the	DET
dem-16103	310	41	banking	banking	NOUN
dem-16103	310	42	sector	sector	NOUN
dem-16103	310	43	is	be	AUX
dem-16103	310	44	a	a	DET
dem-16103	310	45	crucial	crucial	ADJ
dem-16103	310	46	growth	growth	NOUN
dem-16103	310	47	strategy	strategy	NOUN
dem-16103	310	48	for	for	ADP
dem-16103	310	49	developing	develop	VERB
dem-16103	310	50	economy	economy	NOUN
dem-16103	310	51	like	like	ADP
dem-16103	310	52	india	india	PROPN
dem-16103	310	53	.	.	PUNCT
dem-16103	311	1	identification	identification	NOUN
dem-16103	311	2	of	of	ADP
dem-16103	311	3	promising	promise	VERB
dem-16103	311	4	business	business	NOUN
dem-16103	311	5	ventures	venture	NOUN
dem-16103	311	6	by	by	ADP
dem-16103	311	7	keeping	keep	VERB
dem-16103	311	8	an	an	DET
dem-16103	311	9	eye	eye	NOUN
dem-16103	311	10	on	on	ADP
dem-16103	311	11	the	the	DET
dem-16103	311	12	upcoming	upcoming	ADJ
dem-16103	311	13	market	market	NOUN
dem-16103	311	14	trends	trend	NOUN
dem-16103	311	15	will	will	AUX
dem-16103	311	16	not	not	PART
dem-16103	311	17	only	only	ADV
dem-16103	311	18	help	help	VERB
dem-16103	311	19	the	the	DET
dem-16103	311	20	banks	bank	NOUN
dem-16103	311	21	to	to	PART
dem-16103	311	22	earn	earn	VERB
dem-16103	311	23	better	well	ADJ
dem-16103	311	24	and	and	CCONJ
dem-16103	311	25	safe	safe	ADJ
dem-16103	311	26	returns	return	NOUN
dem-16103	311	27	by	by	ADP
dem-16103	311	28	reducing	reduce	VERB
dem-16103	311	29	their	their	PRON
dem-16103	311	30	non	non	ADJ
dem-16103	311	31	-	-	ADJ
dem-16103	311	32	performing	perform	VERB
dem-16103	311	33	assets	asset	NOUN
dem-16103	311	34	but	but	CCONJ
dem-16103	311	35	will	will	AUX
dem-16103	311	36	also	also	ADV
dem-16103	311	37	enhance	enhance	VERB
dem-16103	311	38	the	the	DET
dem-16103	311	39	economic	economic	ADJ
dem-16103	311	40	growth	growth	NOUN
dem-16103	311	41	of	of	ADP
dem-16103	311	42	our	our	PRON
dem-16103	311	43	country	country	NOUN
dem-16103	311	44	.	.	PUNCT
dem-16103	312	1	like	like	INTJ
dem-16103	312	2	,	,	PUNCT
dem-16103	312	3	there	there	PRON
dem-16103	312	4	are	be	VERB
dem-16103	312	5	special	special	ADJ
dem-16103	312	6	credit	credit	NOUN
dem-16103	312	7	schemes	scheme	NOUN
dem-16103	312	8	for	for	ADP
dem-16103	312	9	small	small	ADJ
dem-16103	312	10	and	and	CCONJ
dem-16103	312	11	medium	medium	ADJ
dem-16103	312	12	enterprises	enterprise	NOUN
dem-16103	312	13	but	but	CCONJ
dem-16103	312	14	it	it	PRON
dem-16103	312	15	is	be	AUX
dem-16103	312	16	important	important	ADJ
dem-16103	312	17	to	to	PART
dem-16103	312	18	allocate	allocate	VERB
dem-16103	312	19	more	more	ADJ
dem-16103	312	20	bank	bank	NOUN
dem-16103	312	21	credit	credit	NOUN
dem-16103	312	22	to	to	ADP
dem-16103	312	23	such	such	ADJ
dem-16103	312	24	endeavours	endeavour	NOUN
dem-16103	312	25	as	as	SCONJ
dem-16103	312	26	experience	experience	NOUN
dem-16103	312	27	of	of	ADP
dem-16103	312	28	emerging	emerge	VERB
dem-16103	312	29	economies	economy	NOUN
dem-16103	312	30	like	like	ADP
dem-16103	312	31	china	china	PROPN
dem-16103	312	32	shows	show	VERB
dem-16103	312	33	that	that	SCONJ
dem-16103	312	34	these	these	DET
dem-16103	312	35	enterprises	enterprise	NOUN
dem-16103	312	36	contribute	contribute	VERB
dem-16103	312	37	around	around	ADP
dem-16103	312	38	90	90	NUM
dem-16103	312	39	per	per	NOUN
dem-16103	312	40	cent	cent	NOUN
dem-16103	312	41	to	to	ADP
dem-16103	312	42	the	the	DET
dem-16103	312	43	gdp	gdp	NOUN
dem-16103	312	44	and	and	CCONJ
dem-16103	312	45	are	be	AUX
dem-16103	312	46	also	also	ADV
dem-16103	312	47	important	important	ADJ
dem-16103	312	48	for	for	ADP
dem-16103	312	49	employment	employment	NOUN
dem-16103	312	50	generation	generation	NOUN
dem-16103	312	51	and	and	CCONJ
dem-16103	312	52	poverty	poverty	NOUN
dem-16103	312	53	alleviation	alleviation	NOUN
dem-16103	312	54	.	.	PUNCT
dem-16103	313	1	the	the	DET
dem-16103	313	2	two	two	NUM
dem-16103	313	3	important	important	ADJ
dem-16103	313	4	aspect	aspect	NOUN
dem-16103	313	5	of	of	ADP
dem-16103	313	6	the	the	DET
dem-16103	313	7	economic	economic	ADJ
dem-16103	313	8	growth	growth	NOUN
dem-16103	313	9	of	of	ADP
dem-16103	313	10	indian	indian	ADJ
dem-16103	313	11	economy	economy	NOUN
dem-16103	313	12	are	be	AUX
dem-16103	313	13	agriculture	agriculture	NOUN
dem-16103	313	14	and	and	CCONJ
dem-16103	313	15	the	the	DET
dem-16103	313	16	industrial	industrial	ADJ
dem-16103	313	17	sector	sector	NOUN
dem-16103	313	18	.	.	PUNCT
dem-16103	314	1	policy	policy	NOUN
dem-16103	314	2	makers	maker	NOUN
dem-16103	314	3	should	should	AUX
dem-16103	314	4	make	make	VERB
dem-16103	314	5	some	some	DET
dem-16103	314	6	important	important	ADJ
dem-16103	314	7	and	and	CCONJ
dem-16103	314	8	strict	strict	ADJ
dem-16103	314	9	decisions	decision	NOUN
dem-16103	314	10	to	to	PART
dem-16103	314	11	reduce	reduce	VERB
dem-16103	314	12	and	and	CCONJ
dem-16103	314	13	rationally	rationally	ADV
dem-16103	314	14	distribute	distribute	VERB
dem-16103	314	15	loans	loan	NOUN
dem-16103	314	16	to	to	ADP
dem-16103	314	17	the	the	DET
dem-16103	314	18	non	non	ADJ
dem-16103	314	19	-	-	ADJ
dem-16103	314	20	performing	perform	VERB
dem-16103	314	21	agricultural	agricultural	ADJ
dem-16103	314	22	and	and	CCONJ
dem-16103	314	23	industrial	industrial	ADJ
dem-16103	314	24	sector	sector	NOUN
dem-16103	314	25	.	.	PUNCT
dem-16103	315	1	finally	finally	ADV
dem-16103	315	2	,	,	PUNCT
dem-16103	315	3	on	on	ADP
dem-16103	315	4	the	the	DET
dem-16103	315	5	basis	basis	NOUN
dem-16103	315	6	of	of	ADP
dem-16103	315	7	results	result	NOUN
dem-16103	315	8	obtained	obtain	VERB
dem-16103	315	9	from	from	ADP
dem-16103	315	10	the	the	DET
dem-16103	315	11	present	present	ADJ
dem-16103	315	12	study	study	NOUN
dem-16103	315	13	it	it	PRON
dem-16103	315	14	should	should	AUX
dem-16103	315	15	be	be	AUX
dem-16103	315	16	recognized	recognize	VERB
dem-16103	315	17	that	that	SCONJ
dem-16103	315	18	economic	economic	ADJ
dem-16103	315	19	growth	growth	NOUN
dem-16103	315	20	itself	itself	PRON
dem-16103	315	21	may	may	AUX
dem-16103	315	22	have	have	VERB
dem-16103	315	23	the	the	DET
dem-16103	315	24	potential	potential	NOUN
dem-16103	315	25	to	to	PART
dem-16103	315	26	promote	promote	VERB
dem-16103	315	27	further	further	ADJ
dem-16103	315	28	banking	banking	NOUN
dem-16103	315	29	-	-	PUNCT
dem-16103	315	30	sector	sector	NOUN
dem-16103	315	31	development	development	NOUN
dem-16103	315	32	and	and	CCONJ
dem-16103	315	33	hence	hence	ADV
dem-16103	315	34	,	,	PUNCT
dem-16103	315	35	bring	bring	VERB
dem-16103	315	36	about	about	ADP
dem-16103	315	37	additional	additional	ADJ
dem-16103	315	38	economic	economic	ADJ
dem-16103	315	39	prosperity	prosperity	NOUN
dem-16103	315	40	through	through	ADP
dem-16103	315	41	an	an	DET
dem-16103	315	42	interactive	interactive	ADJ
dem-16103	315	43	feedback	feedback	NOUN
dem-16103	315	44	effect	effect	NOUN
dem-16103	315	45	.	.	PUNCT
dem-16103	316	1	so	so	ADV
dem-16103	316	2	,	,	PUNCT
dem-16103	316	3	policy	policy	NOUN
dem-16103	316	4	makers	maker	NOUN
dem-16103	316	5	should	should	AUX
dem-16103	316	6	pursue	pursue	VERB
dem-16103	316	7	policies	policy	NOUN
dem-16103	316	8	that	that	PRON
dem-16103	316	9	attract	attract	VERB
dem-16103	316	10	lucrative	lucrative	ADJ
dem-16103	316	11	investments	investment	NOUN
dem-16103	316	12	in	in	ADP
dem-16103	316	13	the	the	DET
dem-16103	316	14	country	country	NOUN
dem-16103	316	15	which	which	PRON
dem-16103	316	16	will	will	AUX
dem-16103	316	17	not	not	PART
dem-16103	316	18	only	only	ADV
dem-16103	316	19	help	help	VERB
dem-16103	316	20	in	in	ADP
dem-16103	316	21	generating	generate	VERB
dem-16103	316	22	better	well	ADJ
dem-16103	316	23	avenues	avenue	NOUN
dem-16103	316	24	but	but	CCONJ
dem-16103	316	25	also	also	ADV
dem-16103	316	26	will	will	AUX
dem-16103	316	27	create	create	VERB
dem-16103	316	28	a	a	DET
dem-16103	316	29	more	more	ADV
dem-16103	316	30	competitive	competitive	ADJ
dem-16103	316	31	environment	environment	NOUN
dem-16103	316	32	which	which	PRON
dem-16103	316	33	in	in	ADP
dem-16103	316	34	-	-	PUNCT
dem-16103	316	35	turn	turn	NOUN
dem-16103	316	36	will	will	AUX
dem-16103	316	37	benefit	benefit	VERB
dem-16103	316	38	the	the	DET
dem-16103	316	39	economic	economic	ADJ
dem-16103	316	40	growth	growth	NOUN
dem-16103	316	41	of	of	ADP
dem-16103	316	42	the	the	DET
dem-16103	316	43	country	country	NOUN
dem-16103	316	44	as	as	ADV
dem-16103	316	45	well	well	ADV
dem-16103	316	46	as	as	ADP
dem-16103	316	47	the	the	DET
dem-16103	316	48	financial	financial	ADJ
dem-16103	316	49	sector	sector	NOUN
dem-16103	316	50	.	.	PUNCT
dem-16103	317	1	further	far	ADV
dem-16103	317	2	,	,	PUNCT
dem-16103	317	3	it	it	PRON
dem-16103	317	4	is	be	AUX
dem-16103	317	5	pertinent	pertinent	ADJ
dem-16103	317	6	to	to	PART
dem-16103	317	7	mention	mention	VERB
dem-16103	317	8	that	that	SCONJ
dem-16103	317	9	the	the	DET
dem-16103	317	10	nature	nature	NOUN
dem-16103	317	11	of	of	ADP
dem-16103	317	12	data	datum	NOUN
dem-16103	317	13	and	and	CCONJ
dem-16103	317	14	the	the	DET
dem-16103	317	15	modelling	modelling	NOUN
dem-16103	317	16	method	method	NOUN
dem-16103	317	17	used	use	VERB
dem-16103	317	18	in	in	ADP
dem-16103	317	19	the	the	DET
dem-16103	317	20	present	present	ADJ
dem-16103	317	21	study	study	NOUN
dem-16103	317	22	uncovered	uncover	VERB
dem-16103	317	23	some	some	DET
dem-16103	317	24	important	important	ADJ
dem-16103	317	25	aspect	aspect	NOUN
dem-16103	317	26	of	of	ADP
dem-16103	317	27	the	the	DET
dem-16103	317	28	relationship	relationship	NOUN
dem-16103	317	29	between	between	ADP
dem-16103	317	30	financial	financial	ADJ
dem-16103	317	31	development	development	NOUN
dem-16103	317	32	and	and	CCONJ
dem-16103	317	33	economic	economic	ADJ
dem-16103	317	34	growth	growth	NOUN
dem-16103	317	35	.	.	PUNCT
dem-16103	318	1	however	however	ADV
dem-16103	318	2	,	,	PUNCT
dem-16103	318	3	extending	extend	VERB
dem-16103	318	4	the	the	DET
dem-16103	318	5	present	present	ADJ
dem-16103	318	6	study	study	NOUN
dem-16103	318	7	by	by	ADP
dem-16103	318	8	capturing	capture	VERB
dem-16103	318	9	more	more	ADJ
dem-16103	318	10	aspect	aspect	NOUN
dem-16103	318	11	of	of	ADP
dem-16103	318	12	financial	financial	ADJ
dem-16103	318	13	development	development	NOUN
dem-16103	318	14	could	could	AUX
dem-16103	318	15	provide	provide	VERB
dem-16103	318	16	some	some	DET
dem-16103	318	17	more	more	ADV
dem-16103	318	18	interesting	interesting	ADJ
dem-16103	318	19	results	result	NOUN
dem-16103	318	20	on	on	ADP
dem-16103	318	21	the	the	DET
dem-16103	318	22	aforementioned	aforementioned	ADJ
dem-16103	318	23	aspect	aspect	NOUN
dem-16103	318	24	.	.	PUNCT
dem-16103	319	1	references	reference	NOUN
dem-16103	319	2	abu	abu	PROPN
dem-16103	319	3	-	-	PUNCT
dem-16103	319	4	bader	bader	PROPN
dem-16103	319	5	,	,	PUNCT
dem-16103	319	6	s.	s.	PROPN
dem-16103	319	7	,	,	PUNCT
dem-16103	319	8	abu	abu	PROPN
dem-16103	319	9	-	-	PUNCT
dem-16103	319	10	qarn	qarn	NOUN
dem-16103	319	11	,	,	PUNCT
dem-16103	319	12	a.	a.	NOUN
dem-16103	319	13	(	(	PUNCT
dem-16103	319	14	2007	2007	NUM
dem-16103	319	15	)	)	PUNCT
dem-16103	319	16	,	,	PUNCT
dem-16103	319	17	financial	financial	ADJ
dem-16103	319	18	development	development	NOUN
dem-16103	319	19	and	and	CCONJ
dem-16103	319	20	economic	economic	ADJ
dem-16103	319	21	growth	growth	NOUN
dem-16103	319	22	:	:	PUNCT
dem-16103	319	23	the	the	DET
dem-16103	319	24	egyptian	egyptian	ADJ
dem-16103	319	25	experience	experience	NOUN
dem-16103	319	26	,	,	PUNCT
dem-16103	319	27	journal	journal	NOUN
dem-16103	319	28	of	of	ADP
dem-16103	319	29	policy	policy	NOUN
dem-16103	319	30	modeling	modeling	NOUN
dem-16103	319	31	,	,	PUNCT
dem-16103	319	32	30(5	30(5	NUM
dem-16103	319	33	)	)	PUNCT
dem-16103	319	34	,	,	PUNCT
dem-16103	319	35	887–898	887–898	NUM
dem-16103	319	36	,	,	PUNCT
dem-16103	319	37	doi	doi	NOUN
dem-16103	319	38	:	:	PUNCT
dem-16103	319	39	https://doi.org/10.1016/j.jpolmod.2007.02.001	https://doi.org/10.1016/j.jpolmod.2007.02.001	PROPN
dem-16103	319	40	.	.	PUNCT
dem-16103	320	1	acharya	acharya	PROPN
dem-16103	320	2	,	,	PUNCT
dem-16103	320	3	d.	d.	PROPN
dem-16103	320	4	,	,	PUNCT
dem-16103	320	5	amanulla	amanulla	PROPN
dem-16103	320	6	,	,	PUNCT
dem-16103	320	7	s.	s.	PROPN
dem-16103	320	8	,	,	PUNCT
dem-16103	320	9	joy	joy	PROPN
dem-16103	320	10	,	,	PUNCT
dem-16103	320	11	s.	s.	PROPN
dem-16103	320	12	(	(	PUNCT
dem-16103	320	13	2009	2009	NUM
dem-16103	320	14	)	)	PUNCT
dem-16103	320	15	,	,	PUNCT
dem-16103	320	16	financial	financial	ADJ
dem-16103	320	17	development	development	NOUN
dem-16103	320	18	and	and	CCONJ
dem-16103	320	19	economic	economic	ADJ
dem-16103	320	20	growth	growth	NOUN
dem-16103	320	21	in	in	ADP
dem-16103	320	22	indian	indian	ADJ
dem-16103	320	23	states	state	NOUN
dem-16103	320	24	:	:	PUNCT
dem-16103	320	25	an	an	DET
dem-16103	320	26	examination	examination	NOUN
dem-16103	320	27	,	,	PUNCT
dem-16103	320	28	international	international	ADJ
dem-16103	320	29	research	research	NOUN
dem-16103	320	30	journal	journal	NOUN
dem-16103	320	31	of	of	ADP
dem-16103	320	32	finance	finance	NOUN
dem-16103	320	33	and	and	CCONJ
dem-16103	320	34	economics	economic	NOUN
dem-16103	320	35	,	,	PUNCT
dem-16103	320	36	24	24	NUM
dem-16103	320	37	,	,	PUNCT
dem-16103	320	38	117–130	117–130	NUM
dem-16103	320	39	.	.	PUNCT
dem-16103	321	1	ageliki	ageliki	PROPN
dem-16103	321	2	,	,	PUNCT
dem-16103	321	3	a.	a.	PROPN
dem-16103	321	4	,	,	PUNCT
dem-16103	321	5	dimitris	dimitris	PROPN
dem-16103	321	6	,	,	PUNCT
dem-16103	321	7	k.	k.	PROPN
dem-16103	321	8	,	,	PUNCT
dem-16103	321	9	george	george	PROPN
dem-16103	321	10	,	,	PUNCT
dem-16103	321	11	p.	p.	NOUN
dem-16103	321	12	(	(	PUNCT
dem-16103	321	13	2013	2013	NUM
dem-16103	321	14	)	)	PUNCT
dem-16103	321	15	,	,	PUNCT
dem-16103	321	16	integrating	integrate	VERB
dem-16103	321	17	the	the	DET
dem-16103	321	18	neighbours	neighbour	NOUN
dem-16103	321	19	:	:	PUNCT
dem-16103	321	20	a	a	DET
dem-16103	321	21	dynamic	dynamic	ADJ
dem-16103	321	22	panel	panel	NOUN
dem-16103	321	23	analysis	analysis	NOUN
dem-16103	321	24	of	of	ADP
dem-16103	321	25	eu	eu	PROPN
dem-16103	321	26	-	-	PROPN
dem-16103	321	27	enp	enp	PROPN
dem-16103	321	28	trade	trade	NOUN
dem-16103	321	29	relations	relation	NOUN
dem-16103	321	30	,	,	PUNCT
dem-16103	321	31	comparative	comparative	ADJ
dem-16103	321	32	economic	economic	ADJ
dem-16103	321	33	studies	study	NOUN
dem-16103	321	34	,	,	PUNCT
dem-16103	321	35	58(1	58(1	NUM
dem-16103	321	36	)	)	PUNCT
dem-16103	321	37	,	,	PUNCT
dem-16103	321	38	1–26	1–26	NOUN
dem-16103	321	39	,	,	PUNCT
dem-16103	321	40	doi	doi	NOUN
dem-16103	321	41	:	:	PUNCT
dem-16103	321	42	https://doi.org/10.1057/ces.2015.23	https://doi.org/10.1057/ces.2015.23	NOUN
dem-16103	321	43	.	.	PUNCT
dem-16103	321	44	aghion	aghion	NOUN
dem-16103	321	45	,	,	PUNCT
dem-16103	321	46	p.	p.	NOUN
dem-16103	321	47	,	,	PUNCT
dem-16103	321	48	fally	fally	ADV
dem-16103	321	49	,	,	PUNCT
dem-16103	321	50	t.	t.	PROPN
dem-16103	321	51	,	,	PUNCT
dem-16103	321	52	scarpetta	scarpetta	PROPN
dem-16103	321	53	,	,	PUNCT
dem-16103	321	54	s.	s.	PROPN
dem-16103	321	55	(	(	PUNCT
dem-16103	321	56	2007	2007	NUM
dem-16103	321	57	)	)	PUNCT
dem-16103	321	58	,	,	PUNCT
dem-16103	321	59	credit	credit	NOUN
dem-16103	321	60	constraints	constraint	NOUN
dem-16103	321	61	as	as	ADP
dem-16103	321	62	a	a	DET
dem-16103	321	63	barrier	barrier	NOUN
dem-16103	321	64	to	to	ADP
dem-16103	321	65	the	the	DET
dem-16103	321	66	entry	entry	NOUN
dem-16103	321	67	and	and	CCONJ
dem-16103	321	68	post	post	ADJ
dem-16103	321	69	-	-	ADJ
dem-16103	321	70	entry	entry	ADJ
dem-16103	321	71	growth	growth	NOUN
dem-16103	321	72	of	of	ADP
dem-16103	321	73	frm	frm	PROPN
dem-16103	321	74	’s	’s	PART
dem-16103	321	75	,	,	PUNCT
dem-16103	321	76	economic	economic	ADJ
dem-16103	321	77	policy	policy	NOUN
dem-16103	321	78	,	,	PUNCT
dem-16103	321	79	22(52	22(52	NUM
dem-16103	321	80	)	)	PUNCT
dem-16103	321	81	,	,	PUNCT
dem-16103	321	82	731–779	731–779	NUM
dem-16103	321	83	.	.	PUNCT
dem-16103	322	1	dynamics	dynamic	NOUN
dem-16103	322	2	of	of	ADP
dem-16103	322	3	financial	financial	ADJ
dem-16103	322	4	development	development	NOUN
dem-16103	322	5	and	and	CCONJ
dem-16103	322	6	economic	economic	ADJ
dem-16103	322	7	growth	growth	NOUN
dem-16103	322	8	:	:	PUNCT
dem-16103	322	9	panel	panel	NOUN
dem-16103	322	10	data	data	VERB
dem-16103	322	11	analysis	analysis	NOUN
dem-16103	322	12	…	…	SYM
dem-16103	322	13	dynamic	dynamic	ADJ
dem-16103	322	14	econometric	econometric	ADJ
dem-16103	322	15	models	model	NOUN
dem-16103	322	16	18	18	NUM
dem-16103	322	17	(	(	PUNCT
dem-16103	322	18	2018	2018	NUM
dem-16103	322	19	)	)	PUNCT
dem-16103	322	20	5–34	5–34	NOUN
dem-16103	322	21	29	29	NUM
dem-16103	322	22	akinboade	akinboade	PROPN
dem-16103	322	23	,	,	PUNCT
dem-16103	322	24	o.	o.	NOUN
dem-16103	322	25	a.	a.	NOUN
dem-16103	322	26	(	(	PUNCT
dem-16103	322	27	2000	2000	NUM
dem-16103	322	28	)	)	PUNCT
dem-16103	322	29	,	,	PUNCT
dem-16103	322	30	the	the	DET
dem-16103	322	31	relationship	relationship	NOUN
dem-16103	322	32	between	between	ADP
dem-16103	322	33	financial	financial	ADJ
dem-16103	322	34	deepening	deepening	NOUN
dem-16103	322	35	and	and	CCONJ
dem-16103	322	36	economic	economic	ADJ
dem-16103	322	37	growth	growth	NOUN
dem-16103	322	38	in	in	ADP
dem-16103	322	39	tanzania	tanzania	PROPN
dem-16103	322	40	,	,	PUNCT
dem-16103	322	41	journal	journal	NOUN
dem-16103	322	42	of	of	ADP
dem-16103	322	43	international	international	ADJ
dem-16103	322	44	development	development	NOUN
dem-16103	322	45	,	,	PUNCT
dem-16103	322	46	12	12	NUM
dem-16103	322	47	,	,	PUNCT
dem-16103	322	48	939–950	939–950	NUM
dem-16103	322	49	,	,	PUNCT
dem-16103	322	50	doi	doi	NOUN
dem-16103	322	51	:	:	PUNCT
dem-16103	322	52	https://doi.org/10.1002/1099-1328(200010)12:7<939::aid-jid668>3.0.co;2-i	https://doi.org/10.1002/1099-1328(200010)12:7<939::aid-jid668>3.0.co;2-i	PROPN
dem-16103	322	53	.	.	PUNCT
dem-16103	323	1	al	al	PROPN
dem-16103	323	2	-	-	PUNCT
dem-16103	323	3	malkawi	malkawi	PROPN
dem-16103	323	4	,	,	PUNCT
dem-16103	323	5	h.	h.	PROPN
dem-16103	323	6	a.	a.	PROPN
dem-16103	323	7	n.	n.	PROPN
dem-16103	323	8	,	,	PUNCT
dem-16103	323	9	marashdeh	marashdeh	PROPN
dem-16103	323	10	,	,	PUNCT
dem-16103	323	11	abdullah	abdullah	PROPN
dem-16103	323	12	,	,	PUNCT
dem-16103	323	13	n.	n.	PROPN
dem-16103	323	14	(	(	PUNCT
dem-16103	323	15	2012	2012	NUM
dem-16103	323	16	)	)	PUNCT
dem-16103	323	17	,	,	PUNCT
dem-16103	323	18	financial	financial	ADJ
dem-16103	323	19	development	development	NOUN
dem-16103	323	20	and	and	CCONJ
dem-16103	323	21	economic	economic	ADJ
dem-16103	323	22	growth	growth	NOUN
dem-16103	323	23	in	in	ADP
dem-16103	323	24	the	the	DET
dem-16103	323	25	uae	uae	PROPN
dem-16103	323	26	:	:	PUNCT
dem-16103	323	27	empirical	empirical	ADJ
dem-16103	323	28	assessment	assessment	NOUN
dem-16103	323	29	using	use	VERB
dem-16103	323	30	ardl	ardl	NOUN
dem-16103	323	31	approach	approach	NOUN
dem-16103	323	32	to	to	ADP
dem-16103	323	33	cointegration	cointegration	NOUN
dem-16103	323	34	,	,	PUNCT
dem-16103	323	35	international	international	ADJ
dem-16103	323	36	journal	journal	NOUN
dem-16103	323	37	of	of	ADP
dem-16103	323	38	economics	economic	NOUN
dem-16103	323	39	and	and	CCONJ
dem-16103	323	40	finance	finance	NOUN
dem-16103	323	41	,	,	PUNCT
dem-16103	323	42	4(5	4(5	PROPN
dem-16103	323	43	)	)	PUNCT
dem-16103	323	44	,	,	PUNCT
dem-16103	323	45	105–115	105–115	NUM
dem-16103	323	46	.	.	PUNCT
dem-16103	324	1	ardic	ardic	ADJ
dem-16103	324	2	,	,	PUNCT
dem-16103	324	3	o.	o.	PROPN
dem-16103	324	4	p.	p.	PROPN
dem-16103	324	5	,	,	PUNCT
dem-16103	324	6	damar	damar	PROPN
dem-16103	324	7	,	,	PUNCT
dem-16103	324	8	h.	h.	PROPN
dem-16103	324	9	e.	e.	PROPN
dem-16103	324	10	(	(	PUNCT
dem-16103	324	11	2006	2006	NUM
dem-16103	324	12	)	)	PUNCT
dem-16103	324	13	,	,	PUNCT
dem-16103	324	14	financial	financial	ADJ
dem-16103	324	15	sector	sector	NOUN
dem-16103	324	16	deepening	deepen	VERB
dem-16103	324	17	and	and	CCONJ
dem-16103	324	18	economic	economic	ADJ
dem-16103	324	19	growth	growth	NOUN
dem-16103	324	20	:	:	PUNCT
dem-16103	324	21	evidence	evidence	NOUN
dem-16103	324	22	from	from	ADP
dem-16103	324	23	turkey	turkey	NOUN
dem-16103	324	24	accessed	access	VERB
dem-16103	324	25	26	26	NUM
dem-16103	324	26	march	march	NOUN
dem-16103	324	27	2016	2016	NUM
dem-16103	324	28	,	,	PUNCT
dem-16103	324	29	http://www.luc.edu/orgs/meea/volume9/pdfs/damar%20ardic%20-%20paper.pdf	http://www.luc.edu/orgs/meea/volume9/pdfs/damar%20ardic%20-%20paper.pdf	PROPN
dem-16103	324	30	.	.	PUNCT
dem-16103	325	1	arora	arora	PROPN
dem-16103	325	2	,	,	PUNCT
dem-16103	325	3	r.	r.	PROPN
dem-16103	325	4	u.	u.	PROPN
dem-16103	325	5	(	(	PUNCT
dem-16103	325	6	2012	2012	NUM
dem-16103	325	7	)	)	PUNCT
dem-16103	325	8	,	,	PUNCT
dem-16103	325	9	finance	finance	NOUN
dem-16103	325	10	and	and	CCONJ
dem-16103	325	11	inequality	inequality	NOUN
dem-16103	325	12	:	:	PUNCT
dem-16103	325	13	a	a	DET
dem-16103	325	14	study	study	NOUN
dem-16103	325	15	of	of	ADP
dem-16103	325	16	indian	indian	ADJ
dem-16103	325	17	states	state	NOUN
dem-16103	325	18	,	,	PUNCT
dem-16103	325	19	applied	apply	VERB
dem-16103	325	20	economics	economic	NOUN
dem-16103	325	21	,	,	PUNCT
dem-16103	325	22	44(34	44(34	NUM
dem-16103	325	23	)	)	PUNCT
dem-16103	325	24	,	,	PUNCT
dem-16103	325	25	4527–4538	4527–4538	NUM
dem-16103	325	26	,	,	PUNCT
dem-16103	325	27	doi	doi	NOUN
dem-16103	325	28	:	:	PUNCT
dem-16103	325	29	https://doi.org/10.1080/00036846.2011.597736	https://doi.org/10.1080/00036846.2011.597736	PROPN
dem-16103	325	30	.	.	NOUN
dem-16103	326	1	aydi	aydi	PROPN
dem-16103	326	2	,	,	PUNCT
dem-16103	326	3	m.	m.	NOUN
dem-16103	326	4	,	,	PUNCT
dem-16103	326	5	aguir	aguir	PROPN
dem-16103	326	6	,	,	PUNCT
dem-16103	326	7	a.	a.	NOUN
dem-16103	326	8	(	(	PUNCT
dem-16103	326	9	2017	2017	NUM
dem-16103	326	10	)	)	PUNCT
dem-16103	326	11	,	,	PUNCT
dem-16103	326	12	financial	financial	ADJ
dem-16103	326	13	development	development	NOUN
dem-16103	326	14	and	and	CCONJ
dem-16103	326	15	economic	economic	ADJ
dem-16103	326	16	growth	growth	NOUN
dem-16103	326	17	:	:	PUNCT
dem-16103	326	18	the	the	DET
dem-16103	326	19	empirical	empirical	ADJ
dem-16103	326	20	evidence	evidence	NOUN
dem-16103	326	21	of	of	ADP
dem-16103	326	22	the	the	DET
dem-16103	326	23	southern	southern	ADJ
dem-16103	326	24	mediterranean	mediterranean	PROPN
dem-16103	326	25	countries	country	NOUN
dem-16103	326	26	,	,	PUNCT
dem-16103	326	27	international	international	ADJ
dem-16103	326	28	journal	journal	NOUN
dem-16103	326	29	of	of	ADP
dem-16103	326	30	economics	economic	NOUN
dem-16103	326	31	and	and	CCONJ
dem-16103	326	32	financial	financial	ADJ
dem-16103	326	33	issues	issue	NOUN
dem-16103	326	34	,	,	PUNCT
dem-16103	326	35	7(3	7(3	NUM
dem-16103	326	36	)	)	PUNCT
dem-16103	326	37	,	,	PUNCT
dem-16103	326	38	196–209	196–209	NUM
dem-16103	326	39	.	.	PUNCT
dem-16103	327	1	bai	bai	PROPN
dem-16103	327	2	,	,	PUNCT
dem-16103	327	3	j.	j.	PROPN
dem-16103	327	4	,	,	PUNCT
dem-16103	327	5	ng	ng	PROPN
dem-16103	327	6	,	,	PUNCT
dem-16103	327	7	s.	s.	PROPN
dem-16103	327	8	(	(	PUNCT
dem-16103	327	9	2004	2004	NUM
dem-16103	327	10	)	)	PUNCT
dem-16103	327	11	,	,	PUNCT
dem-16103	327	12	a	a	DET
dem-16103	327	13	panic	panic	NOUN
dem-16103	327	14	attack	attack	NOUN
dem-16103	327	15	on	on	ADP
dem-16103	327	16	unit	unit	NOUN
dem-16103	327	17	roots	root	NOUN
dem-16103	327	18	and	and	CCONJ
dem-16103	327	19	cointegration	cointegration	NOUN
dem-16103	327	20	,	,	PUNCT
dem-16103	327	21	econometrica	econometrica	PROPN
dem-16103	327	22	,	,	PUNCT
dem-16103	327	23	72(4	72(4	NUM
dem-16103	327	24	)	)	PUNCT
dem-16103	327	25	,	,	PUNCT
dem-16103	327	26	1127–1177	1127–1177	NUM
dem-16103	327	27	,	,	PUNCT
dem-16103	327	28	doi	doi	NOUN
dem-16103	327	29	:	:	PUNCT
dem-16103	327	30	https://doi.org/10.1111/j.1468-0262.2004.00528.x	https://doi.org/10.1111/j.1468-0262.2004.00528.x	NOUN
dem-16103	327	31	.	.	PUNCT
dem-16103	328	1	banerjee	banerjee	PROPN
dem-16103	328	2	,	,	PUNCT
dem-16103	328	3	a.	a.	NOUN
dem-16103	328	4	(	(	PUNCT
dem-16103	328	5	1999	1999	NUM
dem-16103	328	6	)	)	PUNCT
dem-16103	328	7	,	,	PUNCT
dem-16103	328	8	panel	panel	NOUN
dem-16103	328	9	data	datum	NOUN
dem-16103	328	10	unit	unit	NOUN
dem-16103	328	11	roots	root	NOUN
dem-16103	328	12	tests	test	NOUN
dem-16103	328	13	and	and	CCONJ
dem-16103	328	14	cointegration	cointegration	NOUN
dem-16103	328	15	:	:	PUNCT
dem-16103	328	16	an	an	DET
dem-16103	328	17	overview	overview	NOUN
dem-16103	328	18	,	,	PUNCT
dem-16103	328	19	oxford	oxford	ADJ
dem-16103	328	20	bulletin	bulletin	NOUN
dem-16103	328	21	of	of	ADP
dem-16103	328	22	economics	economic	NOUN
dem-16103	328	23	and	and	CCONJ
dem-16103	328	24	statistics	statistic	NOUN
dem-16103	328	25	,	,	PUNCT
dem-16103	328	26	61(1	61(1	NOUN
dem-16103	328	27	)	)	PUNCT
dem-16103	328	28	,	,	PUNCT
dem-16103	328	29	607–29	607–29	NUM
dem-16103	328	30	,	,	PUNCT
dem-16103	328	31	doi	doi	NOUN
dem-16103	328	32	:	:	PUNCT
dem-16103	328	33	https://doi.org/10.1111/1468-0084.0610s1607	https://doi.org/10.1111/1468-0084.0610s1607	PROPN
dem-16103	328	34	.	.	PUNCT
dem-16103	329	1	barro	barro	PROPN
dem-16103	329	2	,	,	PUNCT
dem-16103	329	3	r.	r.	PROPN
dem-16103	329	4	j.	j.	PROPN
dem-16103	329	5	(	(	PUNCT
dem-16103	329	6	1996	1996	NUM
dem-16103	329	7	)	)	PUNCT
dem-16103	329	8	,	,	PUNCT
dem-16103	329	9	determinants	determinant	NOUN
dem-16103	329	10	of	of	ADP
dem-16103	329	11	economic	economic	ADJ
dem-16103	329	12	growth	growth	NOUN
dem-16103	329	13	:	:	PUNCT
dem-16103	329	14	a	a	DET
dem-16103	329	15	cross	cross	ADJ
dem-16103	329	16	-	-	ADJ
dem-16103	329	17	country	country	ADJ
dem-16103	329	18	empirical	empirical	ADJ
dem-16103	329	19	study	study	NOUN
dem-16103	329	20	,	,	PUNCT
dem-16103	329	21	national	national	ADJ
dem-16103	329	22	bureau	bureau	PROPN
dem-16103	329	23	of	of	ADP
dem-16103	329	24	economic	economic	ADJ
dem-16103	329	25	research	research	NOUN
dem-16103	329	26	,	,	PUNCT
dem-16103	329	27	working	work	VERB
dem-16103	329	28	paper	paper	NOUN
dem-16103	329	29	5698	5698	NUM
dem-16103	329	30	,	,	PUNCT
dem-16103	329	31	doi	doi	NOUN
dem-16103	329	32	:	:	PUNCT
dem-16103	329	33	https://doi.org/10.3386/w5698	https://doi.org/10.3386/w5698	PROPN
dem-16103	329	34	.	.	PUNCT
dem-16103	330	1	basu	basu	PROPN
dem-16103	330	2	,	,	PUNCT
dem-16103	330	3	p.	p.	PROPN
dem-16103	330	4	,	,	PUNCT
dem-16103	330	5	chakraborty	chakraborty	PROPN
dem-16103	330	6	.	.	PUNCT
dem-16103	331	1	c.	c.	PROPN
dem-16103	331	2	,	,	PUNCT
dem-16103	331	3	reagle	reagle	PROPN
dem-16103	331	4	.	.	PUNCT
dem-16103	332	1	d.	d.	PROPN
dem-16103	332	2	(	(	PUNCT
dem-16103	332	3	2003	2003	NUM
dem-16103	332	4	)	)	PUNCT
dem-16103	332	5	,	,	PUNCT
dem-16103	332	6	liberalization	liberalization	NOUN
dem-16103	332	7	,	,	PUNCT
dem-16103	332	8	fdi	fdi	NOUN
dem-16103	332	9	,	,	PUNCT
dem-16103	332	10	and	and	CCONJ
dem-16103	332	11	growth	growth	NOUN
dem-16103	332	12	in	in	ADP
dem-16103	332	13	developing	develop	VERB
dem-16103	332	14	countries	country	NOUN
dem-16103	332	15	:	:	PUNCT
dem-16103	332	16	a	a	DET
dem-16103	332	17	panel	panel	NOUN
dem-16103	332	18	cointegration	cointegration	NOUN
dem-16103	332	19	approach	approach	NOUN
dem-16103	332	20	,	,	PUNCT
dem-16103	332	21	economic	economic	ADJ
dem-16103	332	22	inquiry	inquiry	NOUN
dem-16103	332	23	,	,	PUNCT
dem-16103	332	24	41(3	41(3	NUM
dem-16103	332	25	)	)	PUNCT
dem-16103	332	26	,	,	PUNCT
dem-16103	332	27	510–516	510–516	NUM
dem-16103	332	28	,	,	PUNCT
dem-16103	332	29	doi	doi	NOUN
dem-16103	332	30	:	:	PUNCT
dem-16103	332	31	https://doi.org/10.1093/ei/cbg024	https://doi.org/10.1093/ei/cbg024	PROPN
dem-16103	332	32	.	.	PROPN
dem-16103	332	33	beck	beck	PROPN
dem-16103	332	34	,	,	PUNCT
dem-16103	332	35	t.	t.	PROPN
dem-16103	332	36	,	,	PUNCT
dem-16103	332	37	levine	levine	PROPN
dem-16103	332	38	.	.	PUNCT
dem-16103	333	1	r.	r.	PROPN
dem-16103	333	2	(	(	PUNCT
dem-16103	333	3	2004	2004	NUM
dem-16103	333	4	)	)	PUNCT
dem-16103	333	5	,	,	PUNCT
dem-16103	333	6	stock	stock	NOUN
dem-16103	333	7	markets	market	NOUN
dem-16103	333	8	,	,	PUNCT
dem-16103	333	9	banks	bank	NOUN
dem-16103	333	10	and	and	CCONJ
dem-16103	333	11	growth	growth	NOUN
dem-16103	333	12	:	:	PUNCT
dem-16103	333	13	panel	panel	NOUN
dem-16103	333	14	evidence	evidence	NOUN
dem-16103	333	15	,	,	PUNCT
dem-16103	333	16	journal	journal	NOUN
dem-16103	333	17	of	of	ADP
dem-16103	333	18	banking	banking	NOUN
dem-16103	333	19	and	and	CCONJ
dem-16103	333	20	finance	finance	NOUN
dem-16103	333	21	,	,	PUNCT
dem-16103	333	22	28(3	28(3	NUM
dem-16103	333	23	)	)	PUNCT
dem-16103	333	24	,	,	PUNCT
dem-16103	333	25	423–442	423–442	NUM
dem-16103	333	26	,	,	PUNCT
dem-16103	333	27	doi	doi	PROPN
dem-16103	333	28	:	:	PUNCT
dem-16103	333	29	https://doi.org/10.1016/s0378-4266(02)00408-9	https://doi.org/10.1016/s0378-4266(02)00408-9	PROPN
dem-16103	333	30	.	.	PUNCT
dem-16103	334	1	beck	beck	PROPN
dem-16103	334	2	,	,	PUNCT
dem-16103	334	3	t.	t.	PROPN
dem-16103	334	4	,	,	PUNCT
dem-16103	334	5	levine	levine	PROPN
dem-16103	334	6	,	,	PUNCT
dem-16103	334	7	r.	r.	PROPN
dem-16103	334	8	,	,	PUNCT
dem-16103	334	9	loayza	loayza	NOUN
dem-16103	334	10	,	,	PUNCT
dem-16103	334	11	n.	n.	NOUN
dem-16103	334	12	(	(	PUNCT
dem-16103	334	13	2000	2000	NUM
dem-16103	334	14	)	)	PUNCT
dem-16103	334	15	,	,	PUNCT
dem-16103	334	16	finance	finance	NOUN
dem-16103	334	17	and	and	CCONJ
dem-16103	334	18	source	source	NOUN
dem-16103	334	19	of	of	ADP
dem-16103	334	20	growth	growth	NOUN
dem-16103	334	21	,	,	PUNCT
dem-16103	334	22	journal	journal	NOUN
dem-16103	334	23	of	of	ADP
dem-16103	334	24	financial	financial	ADJ
dem-16103	334	25	economics	economic	NOUN
dem-16103	334	26	,	,	PUNCT
dem-16103	334	27	58(1	58(1	NUM
dem-16103	334	28	)	)	PUNCT
dem-16103	334	29	,	,	PUNCT
dem-16103	334	30	261–300	261–300	NUM
dem-16103	334	31	,	,	PUNCT
dem-16103	334	32	doi	doi	NOUN
dem-16103	334	33	:	:	PUNCT
dem-16103	334	34	https://doi.org/10.1016/s0304-405x(00)00072-6	https://doi.org/10.1016/s0304-405x(00)00072-6	NOUN
dem-16103	334	35	.	.	PUNCT
dem-16103	335	1	berthelemy	berthelemy	PROPN
dem-16103	335	2	,	,	PUNCT
dem-16103	335	3	j	j	PROPN
dem-16103	335	4	-	-	PROPN
dem-16103	335	5	c.	c.	PROPN
dem-16103	335	6	,	,	PUNCT
dem-16103	335	7	varoudakis	varoudakis	PROPN
dem-16103	335	8	,	,	PUNCT
dem-16103	335	9	a.	a.	NOUN
dem-16103	335	10	(	(	PUNCT
dem-16103	335	11	1995	1995	NUM
dem-16103	335	12	)	)	PUNCT
dem-16103	335	13	,	,	PUNCT
dem-16103	335	14	clubs	club	NOUN
dem-16103	335	15	de	de	ADP
dem-16103	335	16	convergence	convergence	NOUN
dem-16103	335	17	et	et	NOUN
dem-16103	335	18	croissance	croissance	NOUN
dem-16103	335	19	.	.	PUNCT
dem-16103	336	1	le	le	PROPN
dem-16103	336	2	rôle	rôle	VERB
dem-16103	336	3	du	du	PROPN
dem-16103	336	4	développement	développement	PROPN
dem-16103	336	5	financier	financier	PROPN
dem-16103	336	6	et	et	PROPN
dem-16103	336	7	du	du	PROPN
dem-16103	336	8	capital	capital	PROPN
dem-16103	336	9	humain	humain	PROPN
dem-16103	336	10	,	,	PUNCT
dem-16103	336	11	revue	revue	NOUN
dem-16103	336	12	economique	economique	NOUN
dem-16103	336	13	,	,	PUNCT
dem-16103	336	14	46(2	46(2	NOUN
dem-16103	336	15	)	)	PUNCT
dem-16103	336	16	,	,	PUNCT
dem-16103	336	17	217–235	217–235	NUM
dem-16103	336	18	,	,	PUNCT
dem-16103	336	19	doi	doi	NOUN
dem-16103	336	20	:	:	PUNCT
dem-16103	336	21	https://doi.org/10.3406/reco.1995.409640	https://doi.org/10.3406/reco.1995.409640	PROPN
dem-16103	336	22	.	.	PUNCT
dem-16103	336	23	bhanumati	bhanumati	PROPN
dem-16103	336	24	,	,	PUNCT
dem-16103	336	25	k.	k.	PROPN
dem-16103	336	26	,	,	PUNCT
dem-16103	336	27	azhagaiah	azhagaiah	PROPN
dem-16103	336	28	,	,	PUNCT
dem-16103	336	29	r.	r.	PROPN
dem-16103	336	30	(	(	PUNCT
dem-16103	336	31	2014	2014	NUM
dem-16103	336	32	)	)	PUNCT
dem-16103	336	33	,	,	PUNCT
dem-16103	336	34	causal	causal	NOUN
dem-16103	336	35	relationship	relationship	NOUN
dem-16103	336	36	between	between	ADP
dem-16103	336	37	stock	stock	NOUN
dem-16103	336	38	price	price	NOUN
dem-16103	336	39	and	and	CCONJ
dem-16103	336	40	gold	gold	NOUN
dem-16103	336	41	price	price	NOUN
dem-16103	336	42	in	in	ADP
dem-16103	336	43	india	india	PROPN
dem-16103	336	44	:	:	PUNCT
dem-16103	336	45	a	a	DET
dem-16103	336	46	granger	granger	PROPN
dem-16103	336	47	causality	causality	NOUN
dem-16103	336	48	test	test	NOUN
dem-16103	336	49	approach	approach	NOUN
dem-16103	336	50	,	,	PUNCT
dem-16103	336	51	international	international	ADJ
dem-16103	336	52	journal	journal	NOUN
dem-16103	336	53	of	of	ADP
dem-16103	336	54	research	research	NOUN
dem-16103	336	55	in	in	ADP
dem-16103	336	56	management	management	NOUN
dem-16103	336	57	,	,	PUNCT
dem-16103	336	58	science	science	NOUN
dem-16103	336	59	and	and	CCONJ
dem-16103	336	60	technology	technology	NOUN
dem-16103	336	61	,	,	PUNCT
dem-16103	336	62	2(2	2(2	NUM
dem-16103	336	63	)	)	PUNCT
dem-16103	336	64	,	,	PUNCT
dem-16103	336	65	22–27	22–27	NUM
dem-16103	336	66	.	.	PUNCT
dem-16103	337	1	bhanumurty	bhanumurty	PROPN
dem-16103	337	2	,	,	PUNCT
dem-16103	337	3	n.	n.	PROPN
dem-16103	337	4	r.	r.	PROPN
dem-16103	337	5	,	,	PUNCT
dem-16103	337	6	singh	singh	PROPN
dem-16103	337	7	,	,	PUNCT
dem-16103	337	8	p.	p.	NOUN
dem-16103	337	9	(	(	PUNCT
dem-16103	337	10	2013	2013	NUM
dem-16103	337	11	)	)	PUNCT
dem-16103	337	12	,	,	PUNCT
dem-16103	337	13	financial	financial	ADJ
dem-16103	337	14	sector	sector	NOUN
dem-16103	337	15	development	development	NOUN
dem-16103	337	16	and	and	CCONJ
dem-16103	337	17	economic	economic	ADJ
dem-16103	337	18	growth	growth	NOUN
dem-16103	337	19	in	in	ADP
dem-16103	337	20	indian	indian	ADJ
dem-16103	337	21	states	state	NOUN
dem-16103	337	22	,	,	PUNCT
dem-16103	337	23	international	international	ADJ
dem-16103	337	24	journal	journal	NOUN
dem-16103	337	25	of	of	ADP
dem-16103	337	26	economic	economic	ADJ
dem-16103	337	27	policy	policy	NOUN
dem-16103	337	28	in	in	ADP
dem-16103	337	29	emerging	emerge	VERB
dem-16103	337	30	economies	economy	NOUN
dem-16103	337	31	,	,	PUNCT
dem-16103	337	32	6(1	6(1	NUM
dem-16103	337	33	)	)	PUNCT
dem-16103	337	34	,	,	PUNCT
dem-16103	337	35	47–63	47–63	NOUN
dem-16103	337	36	,	,	PUNCT
dem-16103	337	37	doi	doi	NOUN
dem-16103	337	38	:	:	PUNCT
dem-16103	337	39	https://doi.org/10.1504/ijepee.2013.054472	https://doi.org/10.1504/ijepee.2013.054472	PROPN
dem-16103	337	40	.	.	NOUN
dem-16103	337	41	bhattacharya	bhattacharya	PROPN
dem-16103	337	42	,	,	PUNCT
dem-16103	337	43	p.	p.	PROPN
dem-16103	337	44	c.	c.	PROPN
dem-16103	337	45	,	,	PUNCT
dem-16103	337	46	sivasubramanian	sivasubramanian	ADJ
dem-16103	337	47	,	,	PUNCT
dem-16103	337	48	m.	m.	NOUN
dem-16103	337	49	n.	n.	PROPN
dem-16103	337	50	(	(	PUNCT
dem-16103	337	51	2003	2003	NUM
dem-16103	337	52	)	)	PUNCT
dem-16103	337	53	,	,	PUNCT
dem-16103	337	54	financial	financial	ADJ
dem-16103	337	55	development	development	NOUN
dem-16103	337	56	and	and	CCONJ
dem-16103	337	57	economic	economic	ADJ
dem-16103	337	58	growth	growth	NOUN
dem-16103	337	59	in	in	ADP
dem-16103	337	60	india	india	PROPN
dem-16103	337	61	:	:	PUNCT
dem-16103	337	62	1970–71	1970–71	NOUN
dem-16103	337	63	to	to	ADP
dem-16103	337	64	1998–1999	1998–1999	NUM
dem-16103	337	65	,	,	PUNCT
dem-16103	337	66	applied	apply	VERB
dem-16103	337	67	financial	financial	ADJ
dem-16103	337	68	economics	economic	NOUN
dem-16103	337	69	,	,	PUNCT
dem-16103	337	70	13(12	13(12	NUM
dem-16103	337	71	)	)	PUNCT
dem-16103	337	72	,	,	PUNCT
dem-16103	337	73	doi	doi	NOUN
dem-16103	337	74	:	:	PUNCT
dem-16103	337	75	https://doi.org/10.1080/0960310032000129590	https://doi.org/10.1080/0960310032000129590	NOUN
dem-16103	337	76	.	.	PUNCT
dem-16103	338	1	bist	bist	NOUN
dem-16103	338	2	,	,	PUNCT
dem-16103	338	3	p.	p.	NOUN
dem-16103	338	4	j.	j.	PROPN
dem-16103	339	1	(	(	PUNCT
dem-16103	339	2	2018	2018	NUM
dem-16103	339	3	)	)	PUNCT
dem-16103	339	4	,	,	PUNCT
dem-16103	339	5	financial	financial	ADJ
dem-16103	339	6	development	development	NOUN
dem-16103	339	7	and	and	CCONJ
dem-16103	339	8	economic	economic	ADJ
dem-16103	339	9	growth	growth	NOUN
dem-16103	339	10	:	:	PUNCT
dem-16103	339	11	evidence	evidence	NOUN
dem-16103	339	12	from	from	ADP
dem-16103	339	13	a	a	DET
dem-16103	339	14	panel	panel	NOUN
dem-16103	339	15	of	of	ADP
dem-16103	339	16	16	16	NUM
dem-16103	339	17	african	african	ADJ
dem-16103	339	18	and	and	CCONJ
dem-16103	339	19	nonafrican	nonafrican	ADJ
dem-16103	339	20	low	low	ADJ
dem-16103	339	21	-	-	PUNCT
dem-16103	339	22	income	income	NOUN
dem-16103	339	23	countries	country	NOUN
dem-16103	339	24	,	,	PUNCT
dem-16103	339	25	cogent	cogent	NOUN
dem-16103	339	26	economics	economic	NOUN
dem-16103	339	27	and	and	CCONJ
dem-16103	339	28	finance	finance	NOUN
dem-16103	339	29	,	,	PUNCT
dem-16103	339	30	6(2	6(2	NUM
dem-16103	339	31	)	)	PUNCT
dem-16103	339	32	,	,	PUNCT
dem-16103	339	33	1–17	1–17	PROPN
dem-16103	339	34	,	,	PUNCT
dem-16103	339	35	doi	doi	NOUN
dem-16103	339	36	:	:	PUNCT
dem-16103	339	37	https://doi.org/10.1080/23322039.2018.1449780	https://doi.org/10.1080/23322039.2018.1449780	PROPN
dem-16103	339	38	.	.	PUNCT
dem-16103	339	39	boyd	boyd	PROPN
dem-16103	339	40	,	,	PUNCT
dem-16103	339	41	j.	j.	PROPN
dem-16103	339	42	,	,	PUNCT
dem-16103	339	43	prescott	prescott	PROPN
dem-16103	339	44	,	,	PUNCT
dem-16103	339	45	e.	e.	PROPN
dem-16103	339	46	(	(	PUNCT
dem-16103	339	47	1986	1986	NUM
dem-16103	339	48	)	)	PUNCT
dem-16103	339	49	,	,	PUNCT
dem-16103	339	50	financial	financial	ADJ
dem-16103	339	51	intermediary	intermediary	ADJ
dem-16103	339	52	coalitions	coalition	NOUN
dem-16103	339	53	,	,	PUNCT
dem-16103	339	54	journal	journal	NOUN
dem-16103	339	55	of	of	ADP
dem-16103	339	56	economic	economic	ADJ
dem-16103	339	57	theory	theory	NOUN
dem-16103	339	58	,	,	PUNCT
dem-16103	339	59	38(2	38(2	NOUN
dem-16103	339	60	)	)	PUNCT
dem-16103	339	61	,	,	PUNCT
dem-16103	339	62	211–232	211–232	NUM
dem-16103	339	63	,	,	PUNCT
dem-16103	339	64	doi	doi	NOUN
dem-16103	339	65	:	:	PUNCT
dem-16103	339	66	https://doi.org/10.1016/0022-0531(86)90115-8	https://doi.org/10.1016/0022-0531(86)90115-8	PROPN
dem-16103	339	67	.	.	PUNCT
dem-16103	340	1	boyd	boyd	PROPN
dem-16103	340	2	,	,	PUNCT
dem-16103	340	3	j.	j.	PROPN
dem-16103	340	4	h.	h.	PROPN
dem-16103	340	5	,	,	PUNCT
dem-16103	340	6	smith	smith	PROPN
dem-16103	340	7	,	,	PUNCT
dem-16103	340	8	b.	b.	PROPN
dem-16103	340	9	d.	d.	PROPN
dem-16103	340	10	(	(	PUNCT
dem-16103	340	11	1998	1998	NUM
dem-16103	340	12	)	)	PUNCT
dem-16103	340	13	,	,	PUNCT
dem-16103	340	14	the	the	DET
dem-16103	340	15	evolution	evolution	NOUN
dem-16103	340	16	of	of	ADP
dem-16103	340	17	debt	debt	NOUN
dem-16103	340	18	and	and	CCONJ
dem-16103	340	19	equity	equity	NOUN
dem-16103	340	20	markets	market	NOUN
dem-16103	340	21	in	in	ADP
dem-16103	340	22	economic	economic	ADJ
dem-16103	340	23	development	development	NOUN
dem-16103	340	24	,	,	PUNCT
dem-16103	340	25	economic	economic	ADJ
dem-16103	340	26	theory	theory	NOUN
dem-16103	340	27	,	,	PUNCT
dem-16103	340	28	12(3	12(3	NUM
dem-16103	340	29	)	)	PUNCT
dem-16103	340	30	,	,	PUNCT
dem-16103	340	31	519–560	519–560	NUM
dem-16103	340	32	,	,	PUNCT
dem-16103	340	33	doi	doi	NOUN
dem-16103	340	34	:	:	PUNCT
dem-16103	340	35	https://doi.org/10.1007/s001990050234	https://doi.org/10.1007/s001990050234	NUM
dem-16103	340	36	.	.	PUNCT
dem-16103	340	37	shravani	shravani	PROPN
dem-16103	340	38	sharma	sharma	PROPN
dem-16103	340	39	and	and	CCONJ
dem-16103	340	40	supran	supran	PROPN
dem-16103	340	41	kumar	kumar	PROPN
dem-16103	340	42	dynamic	dynamic	PROPN
dem-16103	340	43	econometric	econometric	ADJ
dem-16103	340	44	models	model	NOUN
dem-16103	340	45	18	18	NUM
dem-16103	340	46	(	(	PUNCT
dem-16103	340	47	2018	2018	NUM
dem-16103	340	48	)	)	PUNCT
dem-16103	340	49	5–34	5–34	NOUN
dem-16103	340	50	30	30	NUM
dem-16103	340	51	breitung	breitung	PROPN
dem-16103	340	52	,	,	PUNCT
dem-16103	340	53	j.	j.	PROPN
dem-16103	340	54	(	(	PUNCT
dem-16103	340	55	2000	2000	NUM
dem-16103	340	56	)	)	PUNCT
dem-16103	340	57	,	,	PUNCT
dem-16103	340	58	the	the	DET
dem-16103	340	59	local	local	ADJ
dem-16103	340	60	power	power	NOUN
dem-16103	340	61	of	of	ADP
dem-16103	340	62	some	some	DET
dem-16103	340	63	unit	unit	NOUN
dem-16103	340	64	root	root	NOUN
dem-16103	340	65	tests	test	NOUN
dem-16103	340	66	for	for	ADP
dem-16103	340	67	panel	panel	NOUN
dem-16103	340	68	data	datum	NOUN
dem-16103	340	69	,	,	PUNCT
dem-16103	340	70	in	in	ADP
dem-16103	340	71	:	:	PUNCT
dem-16103	340	72	b.	b.	PROPN
dem-16103	340	73	baltagi	baltagi	PROPN
dem-16103	340	74	ed	ed	PROPN
dem-16103	340	75	..	..	PROPN
dem-16103	340	76	,	,	PUNCT
dem-16103	340	77	non	non	ADJ
dem-16103	340	78	-	-	ADJ
dem-16103	340	79	stationary	stationary	ADJ
dem-16103	340	80	panels	panel	NOUN
dem-16103	340	81	,	,	PUNCT
dem-16103	340	82	panel	panel	NOUN
dem-16103	340	83	cointegration	cointegration	NOUN
dem-16103	340	84	,	,	PUNCT
dem-16103	340	85	and	and	CCONJ
dem-16103	340	86	dynamic	dynamic	ADJ
dem-16103	340	87	panels	panel	NOUN
dem-16103	340	88	,	,	PUNCT
dem-16103	340	89	advances	advance	NOUN
dem-16103	340	90	in	in	ADP
dem-16103	340	91	econometrics	econometric	NOUN
dem-16103	340	92	,	,	PUNCT
dem-16103	340	93	15	15	NUM
dem-16103	340	94	,	,	PUNCT
dem-16103	340	95	161–178	161–178	NUM
dem-16103	340	96	.	.	PUNCT
dem-16103	341	1	breitung	breitung	PROPN
dem-16103	341	2	,	,	PUNCT
dem-16103	341	3	j.	j.	PROPN
dem-16103	341	4	,	,	PUNCT
dem-16103	341	5	pesaran	pesaran	NOUN
dem-16103	341	6	,	,	PUNCT
dem-16103	341	7	m.	m.	NOUN
dem-16103	341	8	h.	h.	PROPN
dem-16103	341	9	(	(	PUNCT
dem-16103	341	10	2008	2008	NUM
dem-16103	341	11	)	)	PUNCT
dem-16103	341	12	,	,	PUNCT
dem-16103	341	13	unit	unit	NOUN
dem-16103	341	14	roots	root	NOUN
dem-16103	341	15	and	and	CCONJ
dem-16103	341	16	cointegration	cointegration	NOUN
dem-16103	341	17	in	in	ADP
dem-16103	341	18	panels	panel	NOUN
dem-16103	341	19	,	,	PUNCT
dem-16103	341	20	in	in	ADP
dem-16103	341	21	:	:	PUNCT
dem-16103	341	22	l.	l.	PROPN
dem-16103	341	23	matyas	matyas	PROPN
dem-16103	341	24	,	,	PUNCT
dem-16103	341	25	and	and	CCONJ
dem-16103	341	26	p.	p.	NOUN
dem-16103	341	27	sevestre	sevestre	NOUN
dem-16103	341	28	eds	ed	NOUN
dem-16103	341	29	.	.	PROPN
dem-16103	341	30	,	,	PUNCT
dem-16103	341	31	the	the	DET
dem-16103	341	32	econometrics	econometric	NOUN
dem-16103	341	33	of	of	ADP
dem-16103	341	34	panel	panel	NOUN
dem-16103	341	35	data	datum	NOUN
dem-16103	341	36	,	,	PUNCT
dem-16103	341	37	third	third	ADJ
dem-16103	341	38	edition	edition	NOUN
dem-16103	341	39	,	,	PUNCT
dem-16103	341	40	279–322	279–322	NUM
dem-16103	341	41	,	,	PUNCT
dem-16103	341	42	kluwer	kluwer	NOUN
dem-16103	341	43	academic	academic	PROPN
dem-16103	341	44	.	.	PUNCT
dem-16103	342	1	breitung	breitung	PROPN
dem-16103	342	2	,	,	PUNCT
dem-16103	342	3	j.	j.	PROPN
dem-16103	342	4	,	,	PUNCT
dem-16103	342	5	das	das	PROPN
dem-16103	342	6	,	,	PUNCT
dem-16103	342	7	s.	s.	PROPN
dem-16103	342	8	(	(	PUNCT
dem-16103	342	9	2005	2005	NUM
dem-16103	342	10	)	)	PUNCT
dem-16103	342	11	,	,	PUNCT
dem-16103	342	12	panel	panel	NOUN
dem-16103	342	13	unit	unit	NOUN
dem-16103	342	14	root	root	NOUN
dem-16103	342	15	tests	test	NOUN
dem-16103	342	16	under	under	ADP
dem-16103	342	17	cross	cross	ADJ
dem-16103	342	18	-	-	ADJ
dem-16103	342	19	sectional	sectional	ADJ
dem-16103	342	20	dependence	dependence	NOUN
dem-16103	342	21	,	,	PUNCT
dem-16103	342	22	statistica	statistica	PROPN
dem-16103	342	23	neerlandica	neerlandica	PROPN
dem-16103	342	24	,	,	PUNCT
dem-16103	342	25	59(4	59(4	NUM
dem-16103	342	26	)	)	PUNCT
dem-16103	342	27	,	,	PUNCT
dem-16103	342	28	414–433	414–433	NUM
dem-16103	342	29	,	,	PUNCT
dem-16103	342	30	doi	doi	NOUN
dem-16103	342	31	:	:	PUNCT
dem-16103	342	32	https://doi.org/10.1111/j.1467-9574.2005.00299.x	https://doi.org/10.1111/j.1467-9574.2005.00299.x	PROPN
dem-16103	342	33	.	.	PUNCT
dem-16103	343	1	demetriades	demetriade	VERB
dem-16103	343	2	,	,	PUNCT
dem-16103	343	3	p.	p.	PROPN
dem-16103	343	4	o.	o.	PROPN
dem-16103	343	5	,	,	PUNCT
dem-16103	343	6	james	james	PROPN
dem-16103	343	7	,	,	PUNCT
dem-16103	343	8	g.	g.	PROPN
dem-16103	343	9	a.	a.	PROPN
dem-16103	344	1	(	(	PUNCT
dem-16103	344	2	2011	2011	NUM
dem-16103	344	3	)	)	PUNCT
dem-16103	344	4	,	,	PUNCT
dem-16103	344	5	finance	finance	NOUN
dem-16103	344	6	and	and	CCONJ
dem-16103	344	7	growth	growth	NOUN
dem-16103	344	8	in	in	ADP
dem-16103	344	9	africa	africa	PROPN
dem-16103	344	10	:	:	PUNCT
dem-16103	344	11	the	the	DET
dem-16103	344	12	broken	broken	ADJ
dem-16103	344	13	link	link	NOUN
dem-16103	344	14	,	,	PUNCT
dem-16103	344	15	economic	economic	ADJ
dem-16103	344	16	letters	letter	NOUN
dem-16103	344	17	,	,	PUNCT
dem-16103	344	18	113	113	NUM
dem-16103	344	19	(	(	PUNCT
dem-16103	344	20	3	3	NUM
dem-16103	344	21	)	)	PUNCT
dem-16103	344	22	,	,	PUNCT
dem-16103	344	23	263–265	263–265	NUM
dem-16103	344	24	,	,	PUNCT
dem-16103	344	25	doi	doi	NOUN
dem-16103	344	26	:	:	PUNCT
dem-16103	344	27	https://doi.org/10.1080/1540496x.2016.1116282	https://doi.org/10.1080/1540496x.2016.1116282	PROPN
dem-16103	344	28	.	.	PUNCT
dem-16103	345	1	demetriades	demetriade	VERB
dem-16103	345	2	,	,	PUNCT
dem-16103	345	3	p.	p.	PROPN
dem-16103	345	4	o.	o.	PROPN
dem-16103	345	5	,	,	PUNCT
dem-16103	345	6	luintel	luintel	PROPN
dem-16103	345	7	,	,	PUNCT
dem-16103	345	8	k.	k.	PROPN
dem-16103	345	9	b.	b.	PROPN
dem-16103	345	10	(	(	PUNCT
dem-16103	345	11	1996	1996	NUM
dem-16103	345	12	)	)	PUNCT
dem-16103	345	13	,	,	PUNCT
dem-16103	345	14	financial	financial	ADJ
dem-16103	345	15	development	development	NOUN
dem-16103	345	16	,	,	PUNCT
dem-16103	345	17	economic	economic	ADJ
dem-16103	345	18	growth	growth	NOUN
dem-16103	345	19	and	and	CCONJ
dem-16103	345	20	banker	banker	NOUN
dem-16103	345	21	sector	sector	NOUN
dem-16103	345	22	controls	control	NOUN
dem-16103	345	23	:	:	PUNCT
dem-16103	345	24	evidence	evidence	NOUN
dem-16103	345	25	from	from	ADP
dem-16103	345	26	india	india	PROPN
dem-16103	345	27	,	,	PUNCT
dem-16103	345	28	economic	economic	ADJ
dem-16103	345	29	journal	journal	NOUN
dem-16103	345	30	,	,	PUNCT
dem-16103	345	31	royal	royal	ADJ
dem-16103	345	32	economic	economic	ADJ
dem-16103	345	33	society	society	NOUN
dem-16103	345	34	,	,	PUNCT
dem-16103	345	35	106(4	106(4	NUM
dem-16103	345	36	)	)	PUNCT
dem-16103	345	37	,	,	PUNCT
dem-16103	345	38	359–374	359–374	NUM
dem-16103	345	39	.	.	PUNCT
dem-16103	346	1	demetriades	demetriade	NOUN
dem-16103	346	2	,	,	PUNCT
dem-16103	346	3	p.	p.	PROPN
dem-16103	346	4	o.	o.	PROPN
dem-16103	346	5	,	,	PUNCT
dem-16103	346	6	luintel	luintel	PROPN
dem-16103	346	7	,	,	PUNCT
dem-16103	346	8	k.	k.	PROPN
dem-16103	346	9	b.	b.	PROPN
dem-16103	346	10	(	(	PUNCT
dem-16103	346	11	1996a	1996a	NUM
dem-16103	346	12	)	)	PUNCT
dem-16103	346	13	,	,	PUNCT
dem-16103	346	14	banking	banking	NOUN
dem-16103	346	15	sector	sector	NOUN
dem-16103	346	16	policies	policy	NOUN
dem-16103	346	17	and	and	CCONJ
dem-16103	346	18	financial	financial	ADJ
dem-16103	346	19	development	development	NOUN
dem-16103	346	20	in	in	ADP
dem-16103	346	21	nepal	nepal	NOUN
dem-16103	346	22	.	.	PUNCT
dem-16103	347	1	oxford	oxford	ADJ
dem-16103	347	2	bulletin	bulletin	NOUN
dem-16103	347	3	of	of	ADP
dem-16103	347	4	economics	economic	NOUN
dem-16103	347	5	and	and	CCONJ
dem-16103	347	6	statistics	statistic	NOUN
dem-16103	347	7	,	,	PUNCT
dem-16103	347	8	58(2	58(2	NUM
dem-16103	347	9	)	)	PUNCT
dem-16103	347	10	,	,	PUNCT
dem-16103	347	11	355–372	355–372	NUM
dem-16103	347	12	.	.	PUNCT
dem-16103	348	1	dicky	dicky	PROPN
dem-16103	348	2	,	,	PUNCT
dem-16103	348	3	d.	d.	PROPN
dem-16103	348	4	a.	a.	PROPN
dem-16103	348	5	,	,	PUNCT
dem-16103	348	6	fuller	fuller	ADV
dem-16103	348	7	,	,	PUNCT
dem-16103	348	8	w.	w.	PROPN
dem-16103	348	9	a.	a.	PROPN
dem-16103	348	10	(	(	PUNCT
dem-16103	348	11	1979	1979	NUM
dem-16103	348	12	)	)	PUNCT
dem-16103	348	13	,	,	PUNCT
dem-16103	348	14	distribution	distribution	NOUN
dem-16103	348	15	of	of	ADP
dem-16103	348	16	estimators	estimator	NOUN
dem-16103	348	17	for	for	ADP
dem-16103	348	18	autoregressive	autoregressive	ADJ
dem-16103	348	19	time	time	NOUN
dem-16103	348	20	series	series	NOUN
dem-16103	348	21	with	with	ADP
dem-16103	348	22	a	a	DET
dem-16103	348	23	unit	unit	NOUN
dem-16103	348	24	root	root	NOUN
dem-16103	348	25	,	,	PUNCT
dem-16103	348	26	journal	journal	NOUN
dem-16103	348	27	of	of	ADP
dem-16103	348	28	the	the	DET
dem-16103	348	29	american	american	PROPN
dem-16103	348	30	statistical	statistical	PROPN
dem-16103	348	31	association	association	NOUN
dem-16103	348	32	,	,	PUNCT
dem-16103	348	33	74(366	74(366	PROPN
dem-16103	348	34	)	)	PUNCT
dem-16103	348	35	,	,	PUNCT
dem-16103	348	36	427–431	427–431	NUM
dem-16103	348	37	,	,	PUNCT
dem-16103	348	38	doi	doi	NOUN
dem-16103	348	39	:	:	PUNCT
dem-16103	348	40	https://doi.org/10.2307/2286348	https://doi.org/10.2307/2286348	PROPN
dem-16103	348	41	.	.	PUNCT
dem-16103	348	42	divino	divino	PROPN
dem-16103	348	43	,	,	PUNCT
dem-16103	348	44	j.	j.	PROPN
dem-16103	348	45	a.	a.	PROPN
dem-16103	348	46	,	,	PUNCT
dem-16103	348	47	teles	tele	NOUN
dem-16103	348	48	,	,	PUNCT
dem-16103	348	49	v.	v.	PROPN
dem-16103	348	50	k.	k.	PROPN
dem-16103	348	51	,	,	PUNCT
dem-16103	348	52	andrade	andrade	PROPN
dem-16103	348	53	,	,	PUNCT
dem-16103	348	54	j.	j.	PROPN
dem-16103	348	55	p.	p.	PROPN
dem-16103	348	56	(	(	PUNCT
dem-16103	348	57	2009	2009	NUM
dem-16103	348	58	)	)	PUNCT
dem-16103	348	59	,	,	PUNCT
dem-16103	348	60	on	on	ADP
dem-16103	348	61	the	the	DET
dem-16103	348	62	purchasing	purchase	VERB
dem-16103	348	63	power	power	NOUN
dem-16103	348	64	parity	parity	NOUN
dem-16103	348	65	for	for	ADP
dem-16103	348	66	latinamerican	latinamerican	ADJ
dem-16103	348	67	countries	country	NOUN
dem-16103	348	68	,	,	PUNCT
dem-16103	348	69	journal	journal	NOUN
dem-16103	348	70	of	of	ADP
dem-16103	348	71	applied	apply	VERB
dem-16103	348	72	economics	economic	NOUN
dem-16103	348	73	,	,	PUNCT
dem-16103	348	74	12(1	12(1	NUM
dem-16103	348	75	)	)	PUNCT
dem-16103	348	76	,	,	PUNCT
dem-16103	348	77	33–54	33–54	NUM
dem-16103	348	78	,	,	PUNCT
dem-16103	348	79	doi	doi	NOUN
dem-16103	348	80	:	:	PUNCT
dem-16103	348	81	https://doi.org/10.1016/s1514-0326(09)60004-0	https://doi.org/10.1016/s1514-0326(09)60004-0	PROPN
dem-16103	348	82	.	.	PUNCT
dem-16103	349	1	emecheta	emecheta	PROPN
dem-16103	349	2	,	,	PUNCT
dem-16103	349	3	b.	b.	PROPN
dem-16103	349	4	c.	c.	PROPN
dem-16103	349	5	,	,	PUNCT
dem-16103	349	6	and	and	CCONJ
dem-16103	349	7	ibe	ibe	PROPN
dem-16103	349	8	,	,	PUNCT
dem-16103	349	9	r.	r.	PROPN
dem-16103	349	10	c	c	PROPN
dem-16103	349	11	,	,	PUNCT
dem-16103	349	12	(	(	PUNCT
dem-16103	349	13	2014	2014	NUM
dem-16103	349	14	)	)	PUNCT
dem-16103	349	15	,	,	PUNCT
dem-16103	349	16	impact	impact	NOUN
dem-16103	349	17	of	of	ADP
dem-16103	349	18	bank	bank	NOUN
dem-16103	349	19	credit	credit	NOUN
dem-16103	349	20	on	on	ADP
dem-16103	349	21	economic	economic	ADJ
dem-16103	349	22	growth	growth	NOUN
dem-16103	349	23	in	in	ADP
dem-16103	349	24	nigeria	nigeria	PROPN
dem-16103	349	25	:	:	PUNCT
dem-16103	349	26	application	application	NOUN
dem-16103	349	27	of	of	ADP
dem-16103	349	28	reduced	reduce	VERB
dem-16103	349	29	vector	vector	NOUN
dem-16103	349	30	autoregressive	autoregressive	ADJ
dem-16103	349	31	var	var	NOUN
dem-16103	349	32	technique	technique	NOUN
dem-16103	349	33	,	,	PUNCT
dem-16103	349	34	european	european	ADJ
dem-16103	349	35	journal	journal	NOUN
dem-16103	349	36	of	of	ADP
dem-16103	349	37	accounting	accounting	NOUN
dem-16103	349	38	auditing	auditing	NOUN
dem-16103	349	39	and	and	CCONJ
dem-16103	349	40	finance	finance	NOUN
dem-16103	349	41	research	research	NOUN
dem-16103	349	42	,	,	PUNCT
dem-16103	349	43	2(9	2(9	NUM
dem-16103	349	44	)	)	PUNCT
dem-16103	349	45	,	,	PUNCT
dem-16103	349	46	11–21	11–21	NUM
dem-16103	349	47	.	.	PUNCT
dem-16103	350	1	emirmahmutoglu	emirmahmutoglu	PROPN
dem-16103	350	2	,	,	PUNCT
dem-16103	350	3	f.	f.	PROPN
dem-16103	350	4	,	,	PUNCT
dem-16103	350	5	kose	kose	VERB
dem-16103	350	6	,	,	PUNCT
dem-16103	350	7	n.	n.	NOUN
dem-16103	350	8	(	(	PUNCT
dem-16103	350	9	2011	2011	NUM
dem-16103	350	10	)	)	PUNCT
dem-16103	350	11	,	,	PUNCT
dem-16103	350	12	testing	test	VERB
dem-16103	350	13	for	for	ADP
dem-16103	350	14	granger	granger	PROPN
dem-16103	350	15	causality	causality	PROPN
dem-16103	350	16	in	in	ADP
dem-16103	350	17	heterogeneous	heterogeneous	ADJ
dem-16103	350	18	mixed	mixed	ADJ
dem-16103	350	19	panels	panel	NOUN
dem-16103	350	20	,	,	PUNCT
dem-16103	350	21	journal	journal	NOUN
dem-16103	350	22	of	of	ADP
dem-16103	350	23	economic	economic	ADJ
dem-16103	350	24	modelling	modelling	NOUN
dem-16103	350	25	,	,	PUNCT
dem-16103	350	26	28(3	28(3	NUM
dem-16103	350	27	)	)	PUNCT
dem-16103	350	28	,	,	PUNCT
dem-16103	350	29	870–876	870–876	NUM
dem-16103	350	30	,	,	PUNCT
dem-16103	350	31	doi	doi	NOUN
dem-16103	350	32	:	:	PUNCT
dem-16103	350	33	https://doi.org/10.1016/j.econmod.2010.10.018	https://doi.org/10.1016/j.econmod.2010.10.018	NOUN
dem-16103	350	34	.	.	PUNCT
dem-16103	351	1	engle	engle	PROPN
dem-16103	351	2	,	,	PUNCT
dem-16103	351	3	r.	r.	PROPN
dem-16103	351	4	f.	f.	PROPN
dem-16103	351	5	,	,	PUNCT
dem-16103	351	6	granger	granger	PROPN
dem-16103	351	7	,	,	PUNCT
dem-16103	351	8	c.	c.	PROPN
dem-16103	351	9	w.	w.	PROPN
dem-16103	351	10	j.	j.	PROPN
dem-16103	351	11	(	(	PUNCT
dem-16103	351	12	1987	1987	NUM
dem-16103	351	13	)	)	PUNCT
dem-16103	351	14	,	,	PUNCT
dem-16103	351	15	co	co	NOUN
dem-16103	351	16	-	-	NOUN
dem-16103	351	17	integration	integration	NOUN
dem-16103	351	18	and	and	CCONJ
dem-16103	351	19	error	error	NOUN
dem-16103	351	20	-	-	PUNCT
dem-16103	351	21	correction	correction	NOUN
dem-16103	351	22	:	:	PUNCT
dem-16103	351	23	representation	representation	NOUN
dem-16103	351	24	,	,	PUNCT
dem-16103	351	25	estimation	estimation	NOUN
dem-16103	351	26	and	and	CCONJ
dem-16103	351	27	testing	testing	NOUN
dem-16103	351	28	,	,	PUNCT
dem-16103	351	29	econometrica	econometrica	PROPN
dem-16103	351	30	,	,	PUNCT
dem-16103	351	31	55	55	NUM
dem-16103	351	32	,	,	PUNCT
dem-16103	351	33	251–276	251–276	NUM
dem-16103	351	34	.	.	PUNCT
dem-16103	352	1	favara	favara	PROPN
dem-16103	352	2	,	,	PUNCT
dem-16103	352	3	g.	g.	PROPN
dem-16103	352	4	(	(	PUNCT
dem-16103	352	5	2003	2003	NUM
dem-16103	352	6	)	)	PUNCT
dem-16103	352	7	,	,	PUNCT
dem-16103	352	8	an	an	DET
dem-16103	352	9	empirical	empirical	ADJ
dem-16103	352	10	reassessment	reassessment	NOUN
dem-16103	352	11	of	of	ADP
dem-16103	352	12	the	the	DET
dem-16103	352	13	relationship	relationship	NOUN
dem-16103	352	14	between	between	ADP
dem-16103	352	15	finance	finance	NOUN
dem-16103	352	16	and	and	CCONJ
dem-16103	352	17	growth	growth	NOUN
dem-16103	352	18	,	,	PUNCT
dem-16103	352	19	imf	imf	PROPN
dem-16103	352	20	working	working	PROPN
dem-16103	352	21	paper	paper	NOUN
dem-16103	352	22	,	,	PUNCT
dem-16103	352	23	no	no	INTJ
dem-16103	352	24	.	.	PUNCT
dem-16103	353	1	03/123	03/123	NOUN
dem-16103	353	2	.	.	PUNCT
dem-16103	354	1	fitzgerald	fitzgerald	PROPN
dem-16103	354	2	,	,	PUNCT
dem-16103	354	3	v.	v.	PROPN
dem-16103	354	4	(	(	PUNCT
dem-16103	354	5	2006	2006	NUM
dem-16103	354	6	)	)	PUNCT
dem-16103	354	7	,	,	PUNCT
dem-16103	354	8	financial	financial	ADJ
dem-16103	354	9	development	development	NOUN
dem-16103	354	10	and	and	CCONJ
dem-16103	354	11	economic	economic	ADJ
dem-16103	354	12	growth	growth	NOUN
dem-16103	354	13	:	:	PUNCT
dem-16103	354	14	a	a	DET
dem-16103	354	15	critical	critical	ADJ
dem-16103	354	16	view	view	NOUN
dem-16103	354	17	,	,	PUNCT
dem-16103	354	18	accessed	access	VERB
dem-16103	354	19	26	26	NUM
dem-16103	354	20	january	january	PROPN
dem-16103	354	21	2016	2016	NUM
dem-16103	354	22	,	,	PUNCT
dem-16103	354	23	http://www.un.org/en/development/desa/policy/wess/wess_bg_papers/bp_wess2006_fi	http://www.un.org/en/development/desa/policy/wess/wess_bg_papers/bp_wess2006_fi	PROPN
dem-16103	354	24	tzgerald.pdf	tzgerald.pdf	PROPN
dem-16103	354	25	.	.	PUNCT
dem-16103	355	1	fowowe	fowowe	PROPN
dem-16103	355	2	,	,	PUNCT
dem-16103	355	3	b.	b.	PROPN
dem-16103	355	4	(	(	PUNCT
dem-16103	355	5	2011	2011	NUM
dem-16103	355	6	)	)	PUNCT
dem-16103	355	7	,	,	PUNCT
dem-16103	355	8	financial	financial	ADJ
dem-16103	355	9	liberalization	liberalization	NOUN
dem-16103	355	10	in	in	ADP
dem-16103	355	11	sub	sub	ADJ
dem-16103	355	12	-	-	ADJ
dem-16103	355	13	saharan	saharan	ADJ
dem-16103	355	14	africa	africa	PROPN
dem-16103	355	15	:	:	PUNCT
dem-16103	355	16	what	what	PRON
dem-16103	355	17	do	do	AUX
dem-16103	355	18	we	we	PRON
dem-16103	355	19	know	know	VERB
dem-16103	355	20	?	?	PUNCT
dem-16103	356	1	journal	journal	NOUN
dem-16103	356	2	of	of	ADP
dem-16103	356	3	economic	economic	ADJ
dem-16103	356	4	surveys	survey	NOUN
dem-16103	356	5	,	,	PUNCT
dem-16103	356	6	27(1	27(1	NUM
dem-16103	356	7	)	)	PUNCT
dem-16103	356	8	,	,	PUNCT
dem-16103	356	9	1–37	1–37	NUM
dem-16103	356	10	,	,	PUNCT
dem-16103	356	11	doi	doi	NOUN
dem-16103	356	12	:	:	PUNCT
dem-16103	356	13	https://doi.org/10.1111/j.1467-6419.2011.00689.x	https://doi.org/10.1111/j.1467-6419.2011.00689.x	PROPN
dem-16103	356	14	.	.	PUNCT
dem-16103	357	1	ghali	ghali	PROPN
dem-16103	357	2	,	,	PUNCT
dem-16103	357	3	k.	k.	PROPN
dem-16103	357	4	h.	h.	PROPN
dem-16103	357	5	(	(	PUNCT
dem-16103	357	6	1998	1998	NUM
dem-16103	357	7	)	)	PUNCT
dem-16103	357	8	,	,	PUNCT
dem-16103	357	9	public	public	ADJ
dem-16103	357	10	investment	investment	NOUN
dem-16103	357	11	and	and	CCONJ
dem-16103	357	12	private	private	ADJ
dem-16103	357	13	capital	capital	NOUN
dem-16103	357	14	formation	formation	NOUN
dem-16103	357	15	in	in	ADP
dem-16103	357	16	a	a	DET
dem-16103	357	17	vector	vector	NOUN
dem-16103	357	18	errorcorrection	errorcorrection	NOUN
dem-16103	357	19	model	model	NOUN
dem-16103	357	20	of	of	ADP
dem-16103	357	21	growth	growth	NOUN
dem-16103	357	22	,	,	PUNCT
dem-16103	357	23	applied	apply	VERB
dem-16103	357	24	economics	economic	NOUN
dem-16103	357	25	,	,	PUNCT
dem-16103	357	26	30(6	30(6	NUM
dem-16103	357	27	)	)	PUNCT
dem-16103	357	28	,	,	PUNCT
dem-16103	357	29	837–844	837–844	NUM
dem-16103	357	30	,	,	PUNCT
dem-16103	357	31	doi	doi	NOUN
dem-16103	357	32	:	:	PUNCT
dem-16103	357	33	https://doi.org/10.1080/000368498325543	https://doi.org/10.1080/000368498325543	PROPN
dem-16103	357	34	.	.	PUNCT
dem-16103	358	1	giri	giri	PROPN
dem-16103	358	2	,	,	PUNCT
dem-16103	358	3	a.	a.	PROPN
dem-16103	358	4	k.	k.	PROPN
dem-16103	358	5	,	,	PUNCT
dem-16103	358	6	mohapatra	mohapatra	PROPN
dem-16103	358	7	,	,	PUNCT
dem-16103	358	8	g.	g.	PROPN
dem-16103	358	9	(	(	PUNCT
dem-16103	358	10	2012	2012	NUM
dem-16103	358	11	)	)	PUNCT
dem-16103	358	12	,	,	PUNCT
dem-16103	358	13	financial	financial	ADJ
dem-16103	358	14	development	development	NOUN
dem-16103	358	15	and	and	CCONJ
dem-16103	358	16	economic	economic	ADJ
dem-16103	358	17	growth	growth	NOUN
dem-16103	358	18	:	:	PUNCT
dem-16103	358	19	evidence	evidence	NOUN
dem-16103	358	20	from	from	ADP
dem-16103	358	21	indian	indian	ADJ
dem-16103	358	22	economy	economy	NOUN
dem-16103	358	23	,	,	PUNCT
dem-16103	358	24	international	international	ADJ
dem-16103	358	25	journal	journal	NOUN
dem-16103	358	26	of	of	ADP
dem-16103	358	27	applied	apply	VERB
dem-16103	358	28	research	research	NOUN
dem-16103	358	29	and	and	CCONJ
dem-16103	358	30	studies	study	NOUN
dem-16103	358	31	,	,	PUNCT
dem-16103	358	32	12(1	12(1	NUM
dem-16103	358	33	)	)	PUNCT
dem-16103	358	34	,	,	PUNCT
dem-16103	358	35	1–17	1–17	PROPN
dem-16103	358	36	,	,	PUNCT
dem-16103	358	37	doi	doi	PROPN
dem-16103	358	38	:	:	PUNCT
dem-16103	358	39	https://doi.org/10.18488/journal.aefr/2015.5.10/102.10.1159.1173	https://doi.org/10.18488/journal.aefr/2015.5.10/102.10.1159.1173	PROPN
dem-16103	358	40	.	.	PROPN
dem-16103	358	41	goldsmith	goldsmith	PROPN
dem-16103	358	42	,	,	PUNCT
dem-16103	358	43	r.	r.	PROPN
dem-16103	358	44	w.	w.	PROPN
dem-16103	358	45	(	(	PUNCT
dem-16103	358	46	1969	1969	NUM
dem-16103	358	47	)	)	PUNCT
dem-16103	358	48	,	,	PUNCT
dem-16103	358	49	financial	financial	ADJ
dem-16103	358	50	structure	structure	NOUN
dem-16103	358	51	and	and	CCONJ
dem-16103	358	52	development	development	NOUN
dem-16103	358	53	,	,	PUNCT
dem-16103	358	54	yale	yale	PROPN
dem-16103	358	55	university	university	PROPN
dem-16103	358	56	press	press	NOUN
dem-16103	358	57	,	,	PUNCT
dem-16103	358	58	new	new	ADJ
dem-16103	358	59	haven	haven	NOUN
dem-16103	358	60	.	.	PUNCT
dem-16103	359	1	greenwood	greenwood	PROPN
dem-16103	359	2	,	,	PUNCT
dem-16103	359	3	j.	j.	PROPN
dem-16103	359	4	,	,	PUNCT
dem-16103	359	5	jovanovic	jovanovic	PROPN
dem-16103	359	6	,	,	PUNCT
dem-16103	359	7	b.	b.	PROPN
dem-16103	359	8	(	(	PUNCT
dem-16103	359	9	1990	1990	NUM
dem-16103	359	10	)	)	PUNCT
dem-16103	359	11	,	,	PUNCT
dem-16103	359	12	financial	financial	ADJ
dem-16103	359	13	development	development	NOUN
dem-16103	359	14	and	and	CCONJ
dem-16103	359	15	economic	economic	ADJ
dem-16103	359	16	development	development	NOUN
dem-16103	359	17	,	,	PUNCT
dem-16103	359	18	economic	economic	ADJ
dem-16103	359	19	development	development	NOUN
dem-16103	359	20	and	and	CCONJ
dem-16103	359	21	cultural	cultural	ADJ
dem-16103	359	22	change	change	NOUN
dem-16103	359	23	,	,	PUNCT
dem-16103	359	24	15(3	15(3	NUM
dem-16103	359	25	)	)	PUNCT
dem-16103	359	26	,	,	PUNCT
dem-16103	359	27	257–268	257–268	NUM
dem-16103	359	28	.	.	PUNCT
dem-16103	360	1	dynamics	dynamic	NOUN
dem-16103	360	2	of	of	ADP
dem-16103	360	3	financial	financial	ADJ
dem-16103	360	4	development	development	NOUN
dem-16103	360	5	and	and	CCONJ
dem-16103	360	6	economic	economic	ADJ
dem-16103	360	7	growth	growth	NOUN
dem-16103	360	8	:	:	PUNCT
dem-16103	360	9	panel	panel	NOUN
dem-16103	360	10	data	data	VERB
dem-16103	360	11	analysis	analysis	NOUN
dem-16103	360	12	…	…	SYM
dem-16103	360	13	dynamic	dynamic	ADJ
dem-16103	360	14	econometric	econometric	ADJ
dem-16103	360	15	models	model	NOUN
dem-16103	360	16	18	18	NUM
dem-16103	360	17	(	(	PUNCT
dem-16103	360	18	2018	2018	NUM
dem-16103	360	19	)	)	PUNCT
dem-16103	360	20	5–34	5–34	PROPN
dem-16103	360	21	31	31	NUM
dem-16103	360	22	gregorio	gregorio	PROPN
dem-16103	360	23	,	,	PUNCT
dem-16103	360	24	j.	j.	PROPN
dem-16103	360	25	d.	d.	PROPN
dem-16103	360	26	,	,	PUNCT
dem-16103	360	27	guidotti	guidotti	PROPN
dem-16103	360	28	,	,	PUNCT
dem-16103	360	29	e.	e.	PROPN
dem-16103	360	30	p.	p.	PROPN
dem-16103	360	31	(	(	PUNCT
dem-16103	360	32	1995	1995	NUM
dem-16103	360	33	)	)	PUNCT
dem-16103	360	34	,	,	PUNCT
dem-16103	360	35	financial	financial	ADJ
dem-16103	360	36	development	development	NOUN
dem-16103	360	37	and	and	CCONJ
dem-16103	360	38	economic	economic	ADJ
dem-16103	360	39	growth	growth	NOUN
dem-16103	360	40	,	,	PUNCT
dem-16103	360	41	world	world	NOUN
dem-16103	360	42	development	development	NOUN
dem-16103	360	43	23(3	23(3	NUM
dem-16103	360	44	)	)	PUNCT
dem-16103	360	45	,	,	PUNCT
dem-16103	360	46	433–448	433–448	NUM
dem-16103	360	47	.	.	PUNCT
dem-16103	361	1	gurgul	gurgul	PROPN
dem-16103	361	2	,	,	PUNCT
dem-16103	361	3	h.	h.	PROPN
dem-16103	361	4	,	,	PUNCT
dem-16103	361	5	lach	lach	PROPN
dem-16103	361	6	,	,	PUNCT
dem-16103	361	7	u.	u.	PROPN
dem-16103	361	8	(	(	PUNCT
dem-16103	361	9	2012	2012	NUM
dem-16103	361	10	)	)	PUNCT
dem-16103	361	11	,	,	PUNCT
dem-16103	361	12	financial	financial	ADJ
dem-16103	361	13	development	development	NOUN
dem-16103	361	14	and	and	CCONJ
dem-16103	361	15	economic	economic	ADJ
dem-16103	361	16	growth	growth	NOUN
dem-16103	361	17	in	in	ADP
dem-16103	361	18	poland	poland	PROPN
dem-16103	361	19	in	in	ADP
dem-16103	361	20	transition	transition	NOUN
dem-16103	361	21	:	:	PUNCT
dem-16103	361	22	causality	causality	NOUN
dem-16103	361	23	analysis	analysis	NOUN
dem-16103	361	24	,	,	PUNCT
dem-16103	361	25	czech	czech	PROPN
dem-16103	361	26	journal	journal	NOUN
dem-16103	361	27	of	of	ADP
dem-16103	361	28	economics	economic	NOUN
dem-16103	361	29	and	and	CCONJ
dem-16103	361	30	finance	finance	NOUN
dem-16103	361	31	,	,	PUNCT
dem-16103	361	32	62(4	62(4	NOUN
dem-16103	361	33	)	)	PUNCT
dem-16103	361	34	,	,	PUNCT
dem-16103	362	1	347–367	347–367	NUM
dem-16103	362	2	.	.	PUNCT
dem-16103	362	3	hadri	hadri	PROPN
dem-16103	362	4	,	,	PUNCT
dem-16103	362	5	k.	k.	PROPN
dem-16103	362	6	(	(	PUNCT
dem-16103	362	7	2000	2000	NUM
dem-16103	362	8	)	)	PUNCT
dem-16103	362	9	,	,	PUNCT
dem-16103	362	10	testing	test	VERB
dem-16103	362	11	for	for	ADP
dem-16103	362	12	stationarity	stationarity	NOUN
dem-16103	362	13	in	in	ADP
dem-16103	362	14	heterogeneous	heterogeneous	ADJ
dem-16103	362	15	panel	panel	NOUN
dem-16103	362	16	data	datum	NOUN
dem-16103	362	17	,	,	PUNCT
dem-16103	362	18	econometrics	econometrics	NOUN
dem-16103	362	19	journal	journal	NOUN
dem-16103	362	20	,	,	PUNCT
dem-16103	362	21	3(2	3(2	NUM
dem-16103	362	22	)	)	PUNCT
dem-16103	362	23	,	,	PUNCT
dem-16103	362	24	148–61	148–61	NUM
dem-16103	362	25	,	,	PUNCT
dem-16103	362	26	doi	doi	NOUN
dem-16103	362	27	:	:	PUNCT
dem-16103	362	28	https://doi.org/10.1111/1368-423x.00043	https://doi.org/10.1111/1368-423x.00043	PROPN
dem-16103	362	29	.	.	PUNCT
dem-16103	363	1	hassan	hassan	PROPN
dem-16103	363	2	,	,	PUNCT
dem-16103	363	3	k.	k.	PROPN
dem-16103	363	4	m.	m.	PROPN
dem-16103	363	5	,	,	PUNCT
dem-16103	363	6	sanchez	sanchez	PROPN
dem-16103	363	7	,	,	PUNCT
dem-16103	363	8	b.	b.	PROPN
dem-16103	363	9	,	,	PUNCT
dem-16103	363	10	yu	yu	PROPN
dem-16103	363	11	,	,	PUNCT
dem-16103	363	12	j.	j.	PROPN
dem-16103	363	13	k.	k.	PROPN
dem-16103	363	14	(	(	PUNCT
dem-16103	363	15	2011	2011	NUM
dem-16103	363	16	)	)	PUNCT
dem-16103	363	17	,	,	PUNCT
dem-16103	363	18	financial	financial	ADJ
dem-16103	363	19	development	development	NOUN
dem-16103	363	20	and	and	CCONJ
dem-16103	363	21	economic	economic	ADJ
dem-16103	363	22	growth	growth	NOUN
dem-16103	363	23	:	:	PUNCT
dem-16103	363	24	new	new	ADJ
dem-16103	363	25	evidence	evidence	NOUN
dem-16103	363	26	from	from	ADP
dem-16103	363	27	panel	panel	NOUN
dem-16103	363	28	data	datum	NOUN
dem-16103	363	29	,	,	PUNCT
dem-16103	363	30	the	the	DET
dem-16103	363	31	quarterly	quarterly	ADJ
dem-16103	363	32	review	review	NOUN
dem-16103	363	33	of	of	ADP
dem-16103	363	34	economics	economic	NOUN
dem-16103	363	35	and	and	CCONJ
dem-16103	363	36	finance	finance	NOUN
dem-16103	363	37	,	,	PUNCT
dem-16103	363	38	51(1	51(1	NUM
dem-16103	363	39	)	)	PUNCT
dem-16103	363	40	,	,	PUNCT
dem-16103	363	41	88–104	88–104	PROPN
dem-16103	363	42	,	,	PUNCT
dem-16103	363	43	doi	doi	PROPN
dem-16103	363	44	:	:	PUNCT
dem-16103	363	45	https://doi.org/10.1016/j.qref.2010.09.001	https://doi.org/10.1016/j.qref.2010.09.001	NOUN
dem-16103	363	46	.	.	PUNCT
dem-16103	364	1	hurlin	hurlin	PROPN
dem-16103	364	2	,	,	PUNCT
dem-16103	364	3	c.	c.	PROPN
dem-16103	364	4	(	(	PUNCT
dem-16103	364	5	2004	2004	NUM
dem-16103	364	6	)	)	PUNCT
dem-16103	364	7	,	,	PUNCT
dem-16103	364	8	testing	test	VERB
dem-16103	364	9	granger	granger	PROPN
dem-16103	364	10	causality	causality	PROPN
dem-16103	364	11	in	in	ADP
dem-16103	364	12	heterogeneous	heterogeneous	ADJ
dem-16103	364	13	panel	panel	NOUN
dem-16103	364	14	data	datum	NOUN
dem-16103	364	15	models	model	NOUN
dem-16103	364	16	with	with	ADP
dem-16103	364	17	fixed	fix	VERB
dem-16103	364	18	coefficients	coefficient	NOUN
dem-16103	364	19	,	,	PUNCT
dem-16103	364	20	document	document	NOUN
dem-16103	364	21	de	de	X
dem-16103	364	22	recherche	recherche	PROPN
dem-16103	364	23	leo	leo	PROPN
dem-16103	364	24	.	.	PUNCT
dem-16103	364	25	hye	hye	PROPN
dem-16103	364	26	,	,	PUNCT
dem-16103	364	27	q.	q.	PROPN
dem-16103	364	28	m.	m.	PROPN
dem-16103	364	29	a.	a.	PROPN
dem-16103	364	30	(	(	PUNCT
dem-16103	364	31	2011	2011	NUM
dem-16103	364	32	)	)	PUNCT
dem-16103	364	33	,	,	PUNCT
dem-16103	364	34	financial	financial	ADJ
dem-16103	364	35	development	development	NOUN
dem-16103	364	36	index	index	NOUN
dem-16103	364	37	and	and	CCONJ
dem-16103	364	38	economic	economic	ADJ
dem-16103	364	39	growth	growth	NOUN
dem-16103	364	40	:	:	PUNCT
dem-16103	364	41	empirical	empirical	ADJ
dem-16103	364	42	evidence	evidence	NOUN
dem-16103	364	43	from	from	ADP
dem-16103	364	44	india	india	PROPN
dem-16103	364	45	,	,	PUNCT
dem-16103	364	46	the	the	DET
dem-16103	364	47	journal	journal	NOUN
dem-16103	364	48	of	of	ADP
dem-16103	364	49	risk	risk	NOUN
dem-16103	364	50	finance	finance	NOUN
dem-16103	364	51	,	,	PUNCT
dem-16103	364	52	12(2	12(2	NUM
dem-16103	364	53	)	)	PUNCT
dem-16103	364	54	,	,	PUNCT
dem-16103	364	55	98–111	98–111	PROPN
dem-16103	364	56	,	,	PUNCT
dem-16103	364	57	doi	doi	NOUN
dem-16103	364	58	:	:	PUNCT
dem-16103	364	59	https://doi.org/10.1108/15265941111112820	https://doi.org/10.1108/15265941111112820	NOUN
dem-16103	364	60	.	.	PUNCT
dem-16103	365	1	i	i	PRON
dem-16103	365	2	m	m	PROPN
dem-16103	365	3	,	,	PUNCT
dem-16103	365	4	kyung	kyung	PROPN
dem-16103	365	5	,	,	PUNCT
dem-16103	365	6	pesaran	pesaran	NOUN
dem-16103	365	7	,	,	PUNCT
dem-16103	365	8	s.	s.	PROPN
dem-16103	365	9	,	,	PUNCT
dem-16103	365	10	hashem	hashem	PROPN
dem-16103	365	11	,	,	PUNCT
dem-16103	365	12	m.	m.	NOUN
dem-16103	365	13	,	,	PUNCT
dem-16103	365	14	shin	shin	NOUN
dem-16103	365	15	,	,	PUNCT
dem-16103	365	16	y.	y.	PROPN
dem-16103	365	17	(	(	PUNCT
dem-16103	365	18	2003	2003	NUM
dem-16103	365	19	)	)	PUNCT
dem-16103	365	20	,	,	PUNCT
dem-16103	365	21	testing	test	VERB
dem-16103	365	22	for	for	ADP
dem-16103	365	23	unit	unit	NOUN
dem-16103	365	24	roots	root	NOUN
dem-16103	365	25	in	in	ADP
dem-16103	365	26	heterogeneous	heterogeneous	ADJ
dem-16103	365	27	panels	panel	NOUN
dem-16103	365	28	,	,	PUNCT
dem-16103	365	29	journal	journal	NOUN
dem-16103	365	30	of	of	ADP
dem-16103	365	31	econometrics	econometric	NOUN
dem-16103	365	32	,	,	PUNCT
dem-16103	365	33	115(1	115(1	NUM
dem-16103	365	34	)	)	PUNCT
dem-16103	365	35	,	,	PUNCT
dem-16103	365	36	53–74	53–74	NUM
dem-16103	365	37	,	,	PUNCT
dem-16103	365	38	doi	doi	NOUN
dem-16103	365	39	:	:	PUNCT
dem-16103	365	40	https://doi.org/10.1016/s0304-4076(03)00092-7	https://doi.org/10.1016/s0304-4076(03)00092-7	PROPN
dem-16103	365	41	.	.	PUNCT
dem-16103	365	42	inoue	inoue	PROPN
dem-16103	365	43	,	,	PUNCT
dem-16103	365	44	t.	t.	PROPN
dem-16103	365	45	,	,	PUNCT
dem-16103	365	46	hamori	hamori	PROPN
dem-16103	365	47	,	,	PUNCT
dem-16103	365	48	s.	s.	PROPN
dem-16103	365	49	(	(	PUNCT
dem-16103	365	50	2010	2010	NUM
dem-16103	365	51	)	)	PUNCT
dem-16103	365	52	,	,	PUNCT
dem-16103	365	53	how	how	SCONJ
dem-16103	365	54	has	have	AUX
dem-16103	365	55	financial	financial	ADJ
dem-16103	365	56	deepening	deepen	VERB
dem-16103	365	57	affected	affect	VERB
dem-16103	365	58	poverty	poverty	NOUN
dem-16103	365	59	reduction	reduction	NOUN
dem-16103	365	60	in	in	ADP
dem-16103	365	61	india	india	PROPN
dem-16103	365	62	?	?	PUNCT
dem-16103	366	1	empirical	empirical	ADJ
dem-16103	366	2	analysis	analysis	NOUN
dem-16103	366	3	using	use	VERB
dem-16103	366	4	state	state	NOUN
dem-16103	366	5	level	level	NOUN
dem-16103	366	6	panel	panel	NOUN
dem-16103	366	7	data	datum	NOUN
dem-16103	366	8	,	,	PUNCT
dem-16103	366	9	ide	ide	ADJ
dem-16103	366	10	discussion	discussion	NOUN
dem-16103	366	11	paper	paper	NOUN
dem-16103	366	12	no.249	no.249	PROPN
dem-16103	366	13	.	.	PUNCT
dem-16103	367	1	jayaratne	jayaratne	PROPN
dem-16103	367	2	,	,	PUNCT
dem-16103	367	3	j	j	PROPN
dem-16103	367	4	,	,	PUNCT
dem-16103	367	5	philip	philip	PROPN
dem-16103	367	6	,	,	PUNCT
dem-16103	367	7	s.	s.	PROPN
dem-16103	367	8	(	(	PUNCT
dem-16103	367	9	1996	1996	NUM
dem-16103	367	10	)	)	PUNCT
dem-16103	367	11	,	,	PUNCT
dem-16103	367	12	the	the	DET
dem-16103	367	13	finance	finance	NOUN
dem-16103	367	14	-	-	PUNCT
dem-16103	367	15	growth	growth	NOUN
dem-16103	367	16	nexus	nexus	NOUN
dem-16103	367	17	:	:	PUNCT
dem-16103	367	18	evidence	evidence	NOUN
dem-16103	367	19	from	from	ADP
dem-16103	367	20	bank	bank	NOUN
dem-16103	367	21	branch	branch	NOUN
dem-16103	367	22	deregulation	deregulation	NOUN
dem-16103	367	23	,	,	PUNCT
dem-16103	367	24	quarterly	quarterly	ADJ
dem-16103	367	25	journal	journal	NOUN
dem-16103	367	26	of	of	ADP
dem-16103	367	27	economics	economic	NOUN
dem-16103	367	28	,	,	PUNCT
dem-16103	367	29	111(3	111(3	NUM
dem-16103	367	30	)	)	PUNCT
dem-16103	367	31	,	,	PUNCT
dem-16103	367	32	639–670	639–670	NUM
dem-16103	367	33	,	,	PUNCT
dem-16103	367	34	doi	doi	NOUN
dem-16103	367	35	:	:	PUNCT
dem-16103	367	36	https://doi.org/10.2307/2946668	https://doi.org/10.2307/2946668	NOUN
dem-16103	367	37	.	.	PUNCT
dem-16103	368	1	kamal	kamal	PROPN
dem-16103	368	2	,	,	PUNCT
dem-16103	368	3	m.	m.	NOUN
dem-16103	368	4	m.	m.	PROPN
dem-16103	368	5	k.	k.	PROPN
dem-16103	368	6	(	(	PUNCT
dem-16103	368	7	2015	2015	NUM
dem-16103	368	8	)	)	PUNCT
dem-16103	368	9	,	,	PUNCT
dem-16103	368	10	an	an	DET
dem-16103	368	11	ecm	ecm	NOUN
dem-16103	368	12	approach	approach	NOUN
dem-16103	368	13	for	for	ADP
dem-16103	368	14	long	long	ADJ
dem-16103	368	15	run	run	NOUN
dem-16103	368	16	relationship	relationship	NOUN
dem-16103	368	17	between	between	ADP
dem-16103	368	18	real	real	ADJ
dem-16103	368	19	exchange	exchange	NOUN
dem-16103	368	20	rate	rate	NOUN
dem-16103	368	21	and	and	CCONJ
dem-16103	368	22	output	output	NOUN
dem-16103	368	23	growth	growth	NOUN
dem-16103	368	24	:	:	PUNCT
dem-16103	368	25	evidence	evidence	NOUN
dem-16103	368	26	from	from	ADP
dem-16103	368	27	bangladesh	bangladesh	PROPN
dem-16103	368	28	,	,	PUNCT
dem-16103	368	29	dhaka	dhaka	PROPN
dem-16103	368	30	university	university	PROPN
dem-16103	368	31	journal	journal	NOUN
dem-16103	368	32	of	of	ADP
dem-16103	368	33	science	science	PROPN
dem-16103	368	34	,	,	PUNCT
dem-16103	368	35	63(2	63(2	NUM
dem-16103	368	36	)	)	PUNCT
dem-16103	368	37	,	,	PUNCT
dem-16103	368	38	105–110	105–110	NUM
dem-16103	368	39	.	.	PUNCT
dem-16103	369	1	kamat	kamat	PROPN
dem-16103	369	2	,	,	PUNCT
dem-16103	369	3	m.	m.	NOUN
dem-16103	369	4	,	,	PUNCT
dem-16103	369	5	kamat	kamat	PROPN
dem-16103	369	6	m.	m.	PROPN
dem-16103	369	7	(	(	PUNCT
dem-16103	369	8	2007	2007	NUM
dem-16103	369	9	)	)	PUNCT
dem-16103	369	10	,	,	PUNCT
dem-16103	369	11	does	do	AUX
dem-16103	369	12	financial	financial	ADJ
dem-16103	369	13	growth	growth	NOUN
dem-16103	369	14	lead	lead	VERB
dem-16103	369	15	economic	economic	ADJ
dem-16103	369	16	performance	performance	NOUN
dem-16103	369	17	in	in	ADP
dem-16103	369	18	india	india	PROPN
dem-16103	369	19	?	?	PUNCT
dem-16103	370	1	causality	causality	NOUN
dem-16103	370	2	-	-	PUNCT
dem-16103	370	3	cointegration	cointegration	NOUN
dem-16103	370	4	using	use	VERB
dem-16103	370	5	unrestricted	unrestricted	ADJ
dem-16103	370	6	vector	vector	NOUN
dem-16103	370	7	error	error	NOUN
dem-16103	370	8	correction	correction	NOUN
dem-16103	370	9	models	model	NOUN
dem-16103	370	10	,	,	PUNCT
dem-16103	370	11	mpra	mpra	PROPN
dem-16103	370	12	paper	paper	PROPN
dem-16103	370	13	no	no	PROPN
dem-16103	370	14	.	.	PROPN
dem-16103	370	15	6154	6154	NUM
dem-16103	370	16	.	.	PUNCT
dem-16103	371	1	kendall	kendall	PROPN
dem-16103	371	2	,	,	PUNCT
dem-16103	371	3	j.	j.	PROPN
dem-16103	371	4	(	(	PUNCT
dem-16103	371	5	2012	2012	NUM
dem-16103	371	6	)	)	PUNCT
dem-16103	371	7	,	,	PUNCT
dem-16103	371	8	local	local	ADJ
dem-16103	371	9	financial	financial	ADJ
dem-16103	371	10	development	development	NOUN
dem-16103	371	11	and	and	CCONJ
dem-16103	371	12	growth	growth	NOUN
dem-16103	371	13	,	,	PUNCT
dem-16103	371	14	journal	journal	NOUN
dem-16103	371	15	of	of	ADP
dem-16103	371	16	banking	banking	NOUN
dem-16103	371	17	and	and	CCONJ
dem-16103	371	18	finance	finance	NOUN
dem-16103	371	19	,	,	PUNCT
dem-16103	371	20	36(5	36(5	NUM
dem-16103	371	21	)	)	PUNCT
dem-16103	371	22	,	,	PUNCT
dem-16103	371	23	1548–1562	1548–1562	NUM
dem-16103	371	24	.	.	PUNCT
dem-16103	371	25	king	king	PROPN
dem-16103	371	26	,	,	PUNCT
dem-16103	371	27	r.	r.	PROPN
dem-16103	371	28	g.	g.	PROPN
dem-16103	371	29	,	,	PUNCT
dem-16103	371	30	levine	levine	PROPN
dem-16103	371	31	,	,	PUNCT
dem-16103	371	32	r.	r.	PROPN
dem-16103	371	33	(	(	PUNCT
dem-16103	371	34	1993a	1993a	NUM
dem-16103	371	35	)	)	PUNCT
dem-16103	371	36	,	,	PUNCT
dem-16103	371	37	finance	finance	NOUN
dem-16103	371	38	and	and	CCONJ
dem-16103	371	39	growth	growth	NOUN
dem-16103	371	40	:	:	PUNCT
dem-16103	371	41	schumpeter	schumpeter	NOUN
dem-16103	371	42	might	might	AUX
dem-16103	371	43	be	be	AUX
dem-16103	371	44	right	right	ADJ
dem-16103	371	45	,	,	PUNCT
dem-16103	371	46	quarterly	quarterly	ADJ
dem-16103	371	47	journal	journal	NOUN
dem-16103	371	48	of	of	ADP
dem-16103	371	49	economics	economic	NOUN
dem-16103	371	50	,	,	PUNCT
dem-16103	371	51	108(3	108(3	NUM
dem-16103	371	52	)	)	PUNCT
dem-16103	371	53	,	,	PUNCT
dem-16103	371	54	717–737	717–737	NUM
dem-16103	371	55	,	,	PUNCT
dem-16103	371	56	doi	doi	NOUN
dem-16103	371	57	:	:	PUNCT
dem-16103	371	58	https://doi.org/10.2307/2118406	https://doi.org/10.2307/2118406	ADJ
dem-16103	371	59	.	.	PUNCT
dem-16103	372	1	king	king	PROPN
dem-16103	372	2	,	,	PUNCT
dem-16103	372	3	r.	r.	PROPN
dem-16103	372	4	g.	g.	PROPN
dem-16103	372	5	,	,	PUNCT
dem-16103	372	6	levine	levine	PROPN
dem-16103	372	7	,	,	PUNCT
dem-16103	372	8	r.	r.	PROPN
dem-16103	372	9	(	(	PUNCT
dem-16103	372	10	1993b	1993b	NUM
dem-16103	372	11	)	)	PUNCT
dem-16103	372	12	,	,	PUNCT
dem-16103	372	13	finance	finance	NOUN
dem-16103	372	14	,	,	PUNCT
dem-16103	372	15	entrepreneurship	entrepreneurship	NOUN
dem-16103	372	16	,	,	PUNCT
dem-16103	372	17	and	and	CCONJ
dem-16103	372	18	growth	growth	NOUN
dem-16103	372	19	:	:	PUNCT
dem-16103	372	20	theory	theory	NOUN
dem-16103	372	21	and	and	CCONJ
dem-16103	372	22	evidence	evidence	NOUN
dem-16103	372	23	,	,	PUNCT
dem-16103	372	24	journal	journal	NOUN
dem-16103	372	25	of	of	ADP
dem-16103	372	26	monetary	monetary	ADJ
dem-16103	372	27	economics	economic	NOUN
dem-16103	372	28	,	,	PUNCT
dem-16103	372	29	32(3	32(3	NUM
dem-16103	372	30	)	)	PUNCT
dem-16103	372	31	,	,	PUNCT
dem-16103	372	32	513–542	513–542	NUM
dem-16103	372	33	,	,	PUNCT
dem-16103	372	34	doi	doi	NOUN
dem-16103	372	35	:	:	PUNCT
dem-16103	372	36	https://doi.org/10.1016/0304-3932(93)90028-e	https://doi.org/10.1016/0304-3932(93)90028-e	NOUN
dem-16103	372	37	.	.	PUNCT
dem-16103	373	1	korkmaz	korkmaz	PROPN
dem-16103	373	2	,	,	PUNCT
dem-16103	373	3	s.	s.	PROPN
dem-16103	373	4	(	(	PUNCT
dem-16103	373	5	2015	2015	NUM
dem-16103	373	6	)	)	PUNCT
dem-16103	373	7	,	,	PUNCT
dem-16103	373	8	impact	impact	NOUN
dem-16103	373	9	of	of	ADP
dem-16103	373	10	bank	bank	NOUN
dem-16103	373	11	credits	credit	NOUN
dem-16103	373	12	on	on	ADP
dem-16103	373	13	economic	economic	ADJ
dem-16103	373	14	growth	growth	NOUN
dem-16103	373	15	and	and	CCONJ
dem-16103	373	16	inflation	inflation	NOUN
dem-16103	373	17	,	,	PUNCT
dem-16103	373	18	journal	journal	NOUN
dem-16103	373	19	of	of	ADP
dem-16103	373	20	applied	apply	VERB
dem-16103	373	21	finance	finance	NOUN
dem-16103	373	22	and	and	CCONJ
dem-16103	373	23	banking	banking	NOUN
dem-16103	373	24	,	,	PUNCT
dem-16103	373	25	5(1	5(1	NUM
dem-16103	373	26	)	)	PUNCT
dem-16103	373	27	,	,	PUNCT
dem-16103	373	28	57–69	57–69	NUM
dem-16103	373	29	.	.	PUNCT
dem-16103	374	1	kumar	kumar	PROPN
dem-16103	374	2	,	,	PUNCT
dem-16103	374	3	r.	r.	PROPN
dem-16103	374	4	r.	r.	PROPN
dem-16103	374	5	,	,	PUNCT
dem-16103	374	6	stauvermann	stauvermann	PROPN
dem-16103	374	7	,	,	PUNCT
dem-16103	374	8	p.	p.	PROPN
dem-16103	374	9	j.	j.	PROPN
dem-16103	374	10	,	,	PUNCT
dem-16103	374	11	loganathan	loganathan	PROPN
dem-16103	374	12	,	,	PUNCT
dem-16103	374	13	n.	n.	PROPN
dem-16103	374	14	,	,	PUNCT
dem-16103	374	15	kumar	kumar	PROPN
dem-16103	374	16	,	,	PUNCT
dem-16103	374	17	r.	r.	PROPN
dem-16103	374	18	d.	d.	PROPN
dem-16103	374	19	(	(	PUNCT
dem-16103	374	20	2015	2015	NUM
dem-16103	374	21	)	)	PUNCT
dem-16103	374	22	,	,	PUNCT
dem-16103	374	23	exploring	explore	VERB
dem-16103	374	24	the	the	DET
dem-16103	374	25	role	role	NOUN
dem-16103	374	26	of	of	ADP
dem-16103	374	27	energy	energy	NOUN
dem-16103	374	28	,	,	PUNCT
dem-16103	374	29	trade	trade	NOUN
dem-16103	374	30	and	and	CCONJ
dem-16103	374	31	financial	financial	ADJ
dem-16103	374	32	development	development	NOUN
dem-16103	374	33	in	in	ADP
dem-16103	374	34	explaining	explain	VERB
dem-16103	374	35	economic	economic	ADJ
dem-16103	374	36	growth	growth	NOUN
dem-16103	374	37	in	in	ADP
dem-16103	374	38	south	south	PROPN
dem-16103	374	39	africa	africa	PROPN
dem-16103	374	40	:	:	PUNCT
dem-16103	374	41	a	a	DET
dem-16103	374	42	revisit	revisit	NOUN
dem-16103	374	43	,	,	PUNCT
dem-16103	374	44	renewable	renewable	ADJ
dem-16103	374	45	and	and	CCONJ
dem-16103	374	46	sustainable	sustainable	ADJ
dem-16103	374	47	energy	energy	NOUN
dem-16103	374	48	reviews	review	NOUN
dem-16103	374	49	,	,	PUNCT
dem-16103	374	50	52	52	NUM
dem-16103	374	51	,	,	PUNCT
dem-16103	374	52	1300–1311	1300–1311	NUM
dem-16103	374	53	,	,	PUNCT
dem-16103	374	54	doi	doi	NOUN
dem-16103	374	55	:	:	PUNCT
dem-16103	374	56	https://doi.org/10.1016/j.rser.2015.07.188	https://doi.org/10.1016/j.rser.2015.07.188	PROPN
dem-16103	374	57	.	.	PUNCT
dem-16103	375	1	kumar	kumar	PROPN
dem-16103	375	2	,	,	PUNCT
dem-16103	375	3	s.	s.	PROPN
dem-16103	375	4	,	,	PUNCT
dem-16103	375	5	chauhan	chauhan	PROPN
dem-16103	375	6	,	,	PUNCT
dem-16103	375	7	s.	s.	PROPN
dem-16103	375	8	(	(	PUNCT
dem-16103	375	9	2015	2015	NUM
dem-16103	375	10	)	)	PUNCT
dem-16103	375	11	,	,	PUNCT
dem-16103	375	12	impact	impact	NOUN
dem-16103	375	13	of	of	ADP
dem-16103	375	14	commercial	commercial	ADJ
dem-16103	375	15	deposit	deposit	NOUN
dem-16103	375	16	in	in	ADP
dem-16103	375	17	banks	bank	NOUN
dem-16103	375	18	with	with	ADP
dem-16103	375	19	gdp	gdp	NOUN
dem-16103	375	20	in	in	ADP
dem-16103	375	21	context	context	NOUN
dem-16103	375	22	with	with	ADP
dem-16103	375	23	pradhan	pradhan	PROPN
dem-16103	375	24	mantri	mantri	PROPN
dem-16103	375	25	jan	jan	PROPN
dem-16103	375	26	dhan	dhan	PROPN
dem-16103	375	27	yojna	yojna	PROPN
dem-16103	375	28	,	,	PUNCT
dem-16103	375	29	bvimsr	bvimsr	VERB
dem-16103	375	30	’s	’s	PART
dem-16103	375	31	journal	journal	PROPN
dem-16103	375	32	of	of	ADP
dem-16103	375	33	management	management	NOUN
dem-16103	375	34	and	and	CCONJ
dem-16103	375	35	research	research	NOUN
dem-16103	375	36	,	,	PUNCT
dem-16103	375	37	7(1	7(1	NUM
dem-16103	375	38	)	)	PUNCT
dem-16103	375	39	,	,	PUNCT
dem-16103	375	40	53–59	53–59	NUM
dem-16103	375	41	.	.	PUNCT
dem-16103	376	1	levin	levin	PROPN
dem-16103	376	2	,	,	PUNCT
dem-16103	376	3	a.	a.	PROPN
dem-16103	376	4	,	,	PUNCT
dem-16103	376	5	lin	lin	PROPN
dem-16103	376	6	,	,	PUNCT
dem-16103	376	7	c.	c.	PROPN
dem-16103	376	8	f.	f.	PROPN
dem-16103	376	9	,	,	PUNCT
dem-16103	376	10	chu	chu	PROPN
dem-16103	376	11	,	,	PUNCT
dem-16103	376	12	c.	c.	PROPN
dem-16103	376	13	s.	s.	PROPN
dem-16103	376	14	(	(	PUNCT
dem-16103	376	15	2002	2002	NUM
dem-16103	376	16	)	)	PUNCT
dem-16103	376	17	,	,	PUNCT
dem-16103	376	18	unit	unit	NOUN
dem-16103	376	19	root	root	NOUN
dem-16103	376	20	tests	test	NOUN
dem-16103	376	21	in	in	ADP
dem-16103	376	22	panel	panel	NOUN
dem-16103	376	23	data	datum	NOUN
dem-16103	376	24	:	:	PUNCT
dem-16103	376	25	asymptotic	asymptotic	ADJ
dem-16103	376	26	and	and	CCONJ
dem-16103	376	27	finite	finite	ADJ
dem-16103	376	28	-	-	PUNCT
dem-16103	376	29	sample	sample	NOUN
dem-16103	376	30	properties	property	NOUN
dem-16103	376	31	,	,	PUNCT
dem-16103	376	32	journal	journal	NOUN
dem-16103	376	33	of	of	ADP
dem-16103	376	34	economics	economic	NOUN
dem-16103	376	35	metrics	metric	NOUN
dem-16103	376	36	,	,	PUNCT
dem-16103	376	37	108(1	108(1	NUM
dem-16103	376	38	)	)	PUNCT
dem-16103	376	39	,	,	PUNCT
dem-16103	376	40	1–24	1–24	PROPN
dem-16103	376	41	,	,	PUNCT
dem-16103	376	42	doi	doi	NOUN
dem-16103	376	43	:	:	PUNCT
dem-16103	376	44	https://doi.org/10.1016/s0304-4076(01)00098-7	https://doi.org/10.1016/s0304-4076(01)00098-7	PROPN
dem-16103	376	45	.	.	PUNCT
dem-16103	376	46	levine	levine	PROPN
dem-16103	376	47	,	,	PUNCT
dem-16103	376	48	r.	r.	PROPN
dem-16103	376	49	,	,	PUNCT
dem-16103	376	50	zervos	zervos	PROPN
dem-16103	376	51	,	,	PUNCT
dem-16103	376	52	s.	s.	PROPN
dem-16103	376	53	(	(	PUNCT
dem-16103	376	54	1998	1998	NUM
dem-16103	376	55	)	)	PUNCT
dem-16103	376	56	,	,	PUNCT
dem-16103	376	57	stock	stock	NOUN
dem-16103	376	58	markets	market	NOUN
dem-16103	376	59	,	,	PUNCT
dem-16103	376	60	banks	bank	NOUN
dem-16103	376	61	,	,	PUNCT
dem-16103	376	62	and	and	CCONJ
dem-16103	376	63	economic	economic	ADJ
dem-16103	376	64	growth	growth	NOUN
dem-16103	376	65	,	,	PUNCT
dem-16103	376	66	american	american	PROPN
dem-16103	376	67	economic	economic	PROPN
dem-16103	376	68	review	review	PROPN
dem-16103	376	69	,	,	PUNCT
dem-16103	376	70	88(3	88(3	NUM
dem-16103	376	71	)	)	PUNCT
dem-16103	376	72	,	,	PUNCT
dem-16103	376	73	537–558	537–558	NUM
dem-16103	376	74	.	.	PUNCT
dem-16103	376	75	shravani	shravani	PROPN
dem-16103	376	76	sharma	sharma	PROPN
dem-16103	376	77	and	and	CCONJ
dem-16103	376	78	supran	supran	PROPN
dem-16103	376	79	kumar	kumar	PROPN
dem-16103	376	80	dynamic	dynamic	PROPN
dem-16103	376	81	econometric	econometric	ADJ
dem-16103	376	82	models	model	NOUN
dem-16103	376	83	18	18	NUM
dem-16103	376	84	(	(	PUNCT
dem-16103	376	85	2018	2018	NUM
dem-16103	376	86	)	)	PUNCT
dem-16103	376	87	5–34	5–34	PROPN
dem-16103	376	88	32	32	NUM
dem-16103	376	89	lucas	lucas	PROPN
dem-16103	376	90	,	,	PUNCT
dem-16103	376	91	r.	r.	PROPN
dem-16103	376	92	e.	e.	PROPN
dem-16103	376	93	(	(	PUNCT
dem-16103	376	94	1988	1988	NUM
dem-16103	376	95	)	)	PUNCT
dem-16103	376	96	,	,	PUNCT
dem-16103	376	97	on	on	ADP
dem-16103	376	98	the	the	DET
dem-16103	376	99	mechanics	mechanic	NOUN
dem-16103	376	100	of	of	ADP
dem-16103	376	101	economic	economic	ADJ
dem-16103	376	102	development	development	NOUN
dem-16103	376	103	,	,	PUNCT
dem-16103	376	104	journal	journal	NOUN
dem-16103	376	105	of	of	ADP
dem-16103	376	106	monetary	monetary	ADJ
dem-16103	376	107	economics	economic	NOUN
dem-16103	376	108	,	,	PUNCT
dem-16103	376	109	101(3	101(3	NUM
dem-16103	376	110	)	)	PUNCT
dem-16103	376	111	,	,	PUNCT
dem-16103	376	112	455–470	455–470	NUM
dem-16103	376	113	,	,	PUNCT
dem-16103	376	114	doi	doi	NOUN
dem-16103	376	115	:	:	PUNCT
dem-16103	376	116	https://doi.org/10.1016/0304-3932(88)90168-7	https://doi.org/10.1016/0304-3932(88)90168-7	PROPN
dem-16103	376	117	.	.	PROPN
dem-16103	376	118	lund	lund	PROPN
dem-16103	376	119	,	,	PUNCT
dem-16103	376	120	m.	m.	NOUN
dem-16103	376	121	t.	t.	PROPN
dem-16103	376	122	(	(	PUNCT
dem-16103	376	123	2010	2010	NUM
dem-16103	376	124	)	)	PUNCT
dem-16103	376	125	,	,	PUNCT
dem-16103	376	126	foreign	foreign	ADJ
dem-16103	376	127	direct	direct	ADJ
dem-16103	376	128	investment	investment	NOUN
dem-16103	376	129	:	:	PUNCT
dem-16103	376	130	catalyst	catalyst	NOUN
dem-16103	376	131	of	of	ADP
dem-16103	376	132	economic	economic	ADJ
dem-16103	376	133	growth	growth	NOUN
dem-16103	376	134	?	?	PUNCT
dem-16103	377	1	phd	phd	NOUN
dem-16103	377	2	thesis	thesis	NOUN
dem-16103	377	3	,	,	PUNCT
dem-16103	377	4	university	university	PROPN
dem-16103	377	5	of	of	ADP
dem-16103	377	6	utah	utah	PROPN
dem-16103	377	7	,	,	PUNCT
dem-16103	377	8	salt	salt	NOUN
dem-16103	377	9	lake	lake	PROPN
dem-16103	377	10	city	city	PROPN
dem-16103	377	11	.	.	PUNCT
dem-16103	378	1	maddala	maddala	PROPN
dem-16103	378	2	,	,	PUNCT
dem-16103	378	3	g.	g.	PROPN
dem-16103	378	4	s.	s.	PROPN
dem-16103	378	5	,	,	PUNCT
dem-16103	378	6	wu	wu	PROPN
dem-16103	378	7	,	,	PUNCT
dem-16103	378	8	s.	s.	PROPN
dem-16103	378	9	(	(	PUNCT
dem-16103	378	10	1999	1999	NUM
dem-16103	378	11	)	)	PUNCT
dem-16103	378	12	,	,	PUNCT
dem-16103	378	13	a	a	DET
dem-16103	378	14	comparative	comparative	ADJ
dem-16103	378	15	study	study	NOUN
dem-16103	378	16	of	of	ADP
dem-16103	378	17	unit	unit	NOUN
dem-16103	378	18	root	root	NOUN
dem-16103	378	19	tests	test	NOUN
dem-16103	378	20	with	with	ADP
dem-16103	378	21	panel	panel	NOUN
dem-16103	378	22	data	datum	NOUN
dem-16103	378	23	,	,	PUNCT
dem-16103	378	24	oxford	oxford	ADJ
dem-16103	378	25	bulletin	bulletin	NOUN
dem-16103	378	26	of	of	ADP
dem-16103	378	27	economics	economic	NOUN
dem-16103	378	28	and	and	CCONJ
dem-16103	378	29	statistics	statistic	NOUN
dem-16103	378	30	,	,	PUNCT
dem-16103	378	31	61(4	61(4	NUM
dem-16103	378	32	)	)	PUNCT
dem-16103	378	33	,	,	PUNCT
dem-16103	378	34	631–52	631–52	NUM
dem-16103	378	35	,	,	PUNCT
dem-16103	378	36	doi	doi	NOUN
dem-16103	378	37	:	:	PUNCT
dem-16103	378	38	https://doi.org/10.1111/1468-0084.0610s1631	https://doi.org/10.1111/1468-0084.0610s1631	PROPN
dem-16103	378	39	.	.	PUNCT
dem-16103	379	1	majid	majid	PROPN
dem-16103	379	2	,	,	PUNCT
dem-16103	379	3	m.	m.	PROPN
dem-16103	379	4	s.	s.	PROPN
dem-16103	379	5	a.	a.	PROPN
dem-16103	379	6	,	,	PUNCT
dem-16103	379	7	mahrizal	mahrizal	PROPN
dem-16103	379	8	(	(	PUNCT
dem-16103	379	9	2007	2007	NUM
dem-16103	379	10	)	)	PUNCT
dem-16103	379	11	,	,	PUNCT
dem-16103	379	12	does	do	AUX
dem-16103	379	13	financial	financial	ADJ
dem-16103	379	14	development	development	NOUN
dem-16103	379	15	cause	cause	VERB
dem-16103	379	16	economic	economic	ADJ
dem-16103	379	17	growth	growth	NOUN
dem-16103	379	18	in	in	ADP
dem-16103	379	19	the	the	DET
dem-16103	379	20	asean	asean	ADJ
dem-16103	379	21	-	-	PUNCT
dem-16103	379	22	countries	country	NOUN
dem-16103	379	23	?	?	PUNCT
dem-16103	379	24	,	,	PUNCT
dem-16103	379	25	savings	saving	NOUN
dem-16103	379	26	and	and	CCONJ
dem-16103	379	27	development	development	NOUN
dem-16103	379	28	,	,	PUNCT
dem-16103	379	29	31(4	31(4	NUM
dem-16103	379	30	)	)	PUNCT
dem-16103	379	31	,	,	PUNCT
dem-16103	379	32	369–398	369–398	NUM
dem-16103	379	33	.	.	PUNCT
dem-16103	380	1	mckinnon	mckinnon	PROPN
dem-16103	380	2	,	,	PUNCT
dem-16103	380	3	r.	r.	PROPN
dem-16103	380	4	i.	i.	PROPN
dem-16103	380	5	(	(	PUNCT
dem-16103	380	6	1973	1973	NUM
dem-16103	380	7	)	)	PUNCT
dem-16103	380	8	,	,	PUNCT
dem-16103	380	9	money	money	NOUN
dem-16103	380	10	and	and	CCONJ
dem-16103	380	11	capital	capital	NOUN
dem-16103	380	12	in	in	ADP
dem-16103	380	13	economic	economic	ADJ
dem-16103	380	14	development	development	NOUN
dem-16103	380	15	brookings	brookings	PROPN
dem-16103	380	16	institution	institution	PROPN
dem-16103	380	17	,	,	PUNCT
dem-16103	380	18	washington	washington	PROPN
dem-16103	380	19	,	,	PUNCT
dem-16103	380	20	dc	dc	PROPN
dem-16103	380	21	.	.	PROPN
dem-16103	380	22	minija	minija	PROPN
dem-16103	380	23	(	(	PUNCT
dem-16103	380	24	2012	2012	NUM
dem-16103	380	25	)	)	PUNCT
dem-16103	380	26	,	,	PUNCT
dem-16103	380	27	financial	financial	ADJ
dem-16103	380	28	development	development	NOUN
dem-16103	380	29	and	and	CCONJ
dem-16103	380	30	economic	economic	ADJ
dem-16103	380	31	growth	growth	NOUN
dem-16103	380	32	in	in	ADP
dem-16103	380	33	india	india	PROPN
dem-16103	380	34	.	.	PUNCT
dem-16103	381	1	phd	phd	NOUN
dem-16103	381	2	thesis	thesis	PROPN
dem-16103	381	3	,	,	PUNCT
dem-16103	381	4	pondicherry	pondicherry	PROPN
dem-16103	381	5	university	university	NOUN
dem-16103	381	6	.	.	PUNCT
dem-16103	382	1	mishra	mishra	PROPN
dem-16103	382	2	,	,	PUNCT
dem-16103	382	3	a.	a.	PROPN
dem-16103	382	4	,	,	PUNCT
dem-16103	382	5	mishra	mishra	PROPN
dem-16103	382	6	,	,	PUNCT
dem-16103	382	7	v.	v.	PROPN
dem-16103	382	8	(	(	PUNCT
dem-16103	382	9	2014	2014	NUM
dem-16103	382	10	)	)	PUNCT
dem-16103	382	11	,	,	PUNCT
dem-16103	382	12	examining	examine	VERB
dem-16103	382	13	the	the	DET
dem-16103	382	14	income	income	NOUN
dem-16103	382	15	convergence	convergence	NOUN
dem-16103	382	16	among	among	ADP
dem-16103	382	17	indian	indian	ADJ
dem-16103	382	18	states	state	NOUN
dem-16103	382	19	:	:	PUNCT
dem-16103	382	20	time	time	NOUN
dem-16103	382	21	series	series	PROPN
dem-16103	382	22	evidence	evidence	NOUN
dem-16103	382	23	with	with	ADP
dem-16103	382	24	structural	structural	ADJ
dem-16103	382	25	breaks	break	NOUN
dem-16103	382	26	,	,	PUNCT
dem-16103	382	27	accessed	access	VERB
dem-16103	382	28	on	on	ADP
dem-16103	382	29	13	13	NUM
dem-16103	382	30	september	september	PROPN
dem-16103	382	31	2016	2016	NUM
dem-16103	382	32	,	,	PUNCT
dem-16103	382	33	http://www.isid.ac.in/~epu/acegd2014/papers/vinodmishra.pdf	http://www.isid.ac.in/~epu/acegd2014/papers/vinodmishra.pdf	PROPN
dem-16103	382	34	.	.	PUNCT
dem-16103	382	35	mishra	mishra	PROPN
dem-16103	382	36	,	,	PUNCT
dem-16103	382	37	b.	b.	PROPN
dem-16103	382	38	s.	s.	PROPN
dem-16103	382	39	(	(	PUNCT
dem-16103	382	40	2003	2003	NUM
dem-16103	382	41	)	)	PUNCT
dem-16103	382	42	,	,	PUNCT
dem-16103	382	43	allocative	allocative	ADJ
dem-16103	382	44	efficiency	efficiency	NOUN
dem-16103	382	45	of	of	ADP
dem-16103	382	46	the	the	DET
dem-16103	382	47	indian	indian	ADJ
dem-16103	382	48	banking	banking	NOUN
dem-16103	382	49	system	system	NOUN
dem-16103	382	50	in	in	ADP
dem-16103	382	51	the	the	DET
dem-16103	382	52	post	post	NOUN
dem-16103	382	53	reform	reform	NOUN
dem-16103	382	54	period	period	NOUN
dem-16103	382	55	:	:	PUNCT
dem-16103	382	56	a	a	DET
dem-16103	382	57	state	state	NOUN
dem-16103	382	58	level	level	NOUN
dem-16103	382	59	analysis	analysis	NOUN
dem-16103	382	60	,	,	PUNCT
dem-16103	382	61	rbi	rbi	ADJ
dem-16103	382	62	occasional	occasional	ADJ
dem-16103	382	63	papers	paper	NOUN
dem-16103	382	64	,	,	PUNCT
dem-16103	382	65	24(3	24(3	NUM
dem-16103	382	66	)	)	PUNCT
dem-16103	382	67	,	,	PUNCT
dem-16103	382	68	161–186	161–186	NUM
dem-16103	382	69	.	.	PUNCT
dem-16103	383	1	moon	moon	PROPN
dem-16103	383	2	,	,	PUNCT
dem-16103	383	3	h.	h.	PROPN
dem-16103	383	4	r.	r.	PROPN
dem-16103	383	5	,	,	PUNCT
dem-16103	383	6	perron	perron	PROPN
dem-16103	383	7	,	,	PUNCT
dem-16103	383	8	b.	b.	PROPN
dem-16103	383	9	(	(	PUNCT
dem-16103	383	10	2004	2004	NUM
dem-16103	383	11	)	)	PUNCT
dem-16103	383	12	,	,	PUNCT
dem-16103	383	13	testing	test	VERB
dem-16103	383	14	for	for	ADP
dem-16103	383	15	a	a	DET
dem-16103	383	16	unit	unit	NOUN
dem-16103	383	17	root	root	NOUN
dem-16103	383	18	in	in	ADP
dem-16103	383	19	panel	panel	NOUN
dem-16103	383	20	with	with	ADP
dem-16103	383	21	dynamic	dynamic	ADJ
dem-16103	383	22	factors	factor	NOUN
dem-16103	383	23	,	,	PUNCT
dem-16103	383	24	journal	journal	NOUN
dem-16103	383	25	of	of	ADP
dem-16103	383	26	econometrics	econometric	NOUN
dem-16103	383	27	,	,	PUNCT
dem-16103	383	28	122	122	NUM
dem-16103	383	29	,	,	PUNCT
dem-16103	383	30	81–126	81–126	PROPN
dem-16103	383	31	,	,	PUNCT
dem-16103	383	32	doi	doi	NOUN
dem-16103	383	33	:	:	PUNCT
dem-16103	383	34	https://doi.org/10.1016/j.jeconom.2003.10.020	https://doi.org/10.1016/j.jeconom.2003.10.020	PROPN
dem-16103	383	35	.	.	PUNCT
dem-16103	383	36	moudatsou	moudatsou	PROPN
dem-16103	383	37	,	,	PUNCT
dem-16103	383	38	a.	a.	PROPN
dem-16103	383	39	,	,	PUNCT
dem-16103	383	40	kyrkilis	kyrkilis	PROPN
dem-16103	383	41	,	,	PUNCT
dem-16103	383	42	d.	d.	PROPN
dem-16103	383	43	(	(	PUNCT
dem-16103	383	44	2011	2011	NUM
dem-16103	383	45	)	)	PUNCT
dem-16103	383	46	,	,	PUNCT
dem-16103	383	47	fdi	fdi	NOUN
dem-16103	383	48	and	and	CCONJ
dem-16103	383	49	economic	economic	ADJ
dem-16103	383	50	growth	growth	NOUN
dem-16103	383	51	:	:	PUNCT
dem-16103	383	52	causality	causality	NOUN
dem-16103	383	53	for	for	ADP
dem-16103	383	54	the	the	DET
dem-16103	383	55	eu	eu	PROPN
dem-16103	383	56	and	and	CCONJ
dem-16103	383	57	asean	asean	ADJ
dem-16103	383	58	,	,	PUNCT
dem-16103	383	59	journal	journal	NOUN
dem-16103	383	60	of	of	ADP
dem-16103	383	61	economic	economic	ADJ
dem-16103	383	62	integration	integration	NOUN
dem-16103	383	63	26(3	26(3	NUM
dem-16103	383	64	)	)	PUNCT
dem-16103	383	65	,	,	PUNCT
dem-16103	383	66	554–577	554–577	NUM
dem-16103	383	67	.	.	PUNCT
dem-16103	384	1	naceur	naceur	PROPN
dem-16103	384	2	,	,	PUNCT
dem-16103	384	3	s.	s.	PROPN
dem-16103	384	4	b.	b.	PROPN
dem-16103	384	5	,	,	PUNCT
dem-16103	384	6	ghazouani	ghazouani	PROPN
dem-16103	384	7	,	,	PUNCT
dem-16103	384	8	s.	s.	PROPN
dem-16103	384	9	(	(	PUNCT
dem-16103	384	10	2009	2009	NUM
dem-16103	384	11	)	)	PUNCT
dem-16103	384	12	,	,	PUNCT
dem-16103	384	13	stock	stock	NOUN
dem-16103	384	14	markets	market	NOUN
dem-16103	384	15	,	,	PUNCT
dem-16103	384	16	banks	bank	NOUN
dem-16103	384	17	and	and	CCONJ
dem-16103	384	18	economic	economic	ADJ
dem-16103	384	19	growth	growth	NOUN
dem-16103	384	20	:	:	PUNCT
dem-16103	384	21	empirical	empirical	ADJ
dem-16103	384	22	evidence	evidence	NOUN
dem-16103	384	23	from	from	ADP
dem-16103	384	24	the	the	DET
dem-16103	384	25	mena	mena	PROPN
dem-16103	384	26	region	region	PROPN
dem-16103	384	27	,	,	PUNCT
dem-16103	384	28	research	research	NOUN
dem-16103	384	29	in	in	ADP
dem-16103	384	30	international	international	ADJ
dem-16103	384	31	business	business	NOUN
dem-16103	384	32	and	and	CCONJ
dem-16103	384	33	finance	finance	NOUN
dem-16103	384	34	,	,	PUNCT
dem-16103	384	35	21(2	21(2	NUM
dem-16103	384	36	)	)	PUNCT
dem-16103	384	37	,	,	PUNCT
dem-16103	384	38	297–315	297–315	NUM
dem-16103	384	39	,	,	PUNCT
dem-16103	384	40	doi	doi	NOUN
dem-16103	384	41	:	:	PUNCT
dem-16103	384	42	https://doi.org/10.1016/j.ribaf.2006.05.002	https://doi.org/10.1016/j.ribaf.2006.05.002	NOUN
dem-16103	384	43	.	.	PUNCT
dem-16103	385	1	nain	nain	NOUN
dem-16103	385	2	,	,	PUNCT
dem-16103	385	3	m.	m.	NOUN
dem-16103	385	4	z.	z.	PROPN
dem-16103	385	5	,	,	PUNCT
dem-16103	385	6	kamaiahn	kamaiahn	PROPN
dem-16103	385	7	,	,	PUNCT
dem-16103	385	8	b.	b.	PROPN
dem-16103	385	9	(	(	PUNCT
dem-16103	385	10	2014	2014	NUM
dem-16103	385	11	)	)	PUNCT
dem-16103	385	12	.	.	PUNCT
dem-16103	386	1	financial	financial	ADJ
dem-16103	386	2	development	development	NOUN
dem-16103	386	3	and	and	CCONJ
dem-16103	386	4	economic	economic	ADJ
dem-16103	386	5	growth	growth	NOUN
dem-16103	386	6	in	in	ADP
dem-16103	386	7	india	india	PROPN
dem-16103	386	8	:	:	PUNCT
dem-16103	386	9	some	some	DET
dem-16103	386	10	evidence	evidence	NOUN
dem-16103	386	11	from	from	ADP
dem-16103	386	12	non	non	ADJ
dem-16103	386	13	-	-	ADJ
dem-16103	386	14	linear	linear	ADJ
dem-16103	386	15	causality	causality	NOUN
dem-16103	386	16	analysis	analysis	NOUN
dem-16103	386	17	,	,	PUNCT
dem-16103	386	18	economic	economic	ADJ
dem-16103	386	19	change	change	NOUN
dem-16103	386	20	restructuring	restructuring	NOUN
dem-16103	386	21	,	,	PUNCT
dem-16103	386	22	47(4	47(4	NUM
dem-16103	386	23	)	)	PUNCT
dem-16103	386	24	,	,	PUNCT
dem-16103	386	25	299–319	299–319	NUM
dem-16103	386	26	,	,	PUNCT
dem-16103	386	27	doi	doi	NOUN
dem-16103	386	28	:	:	PUNCT
dem-16103	386	29	https://doi.org/10.1007/s10644-014-9151-5	https://doi.org/10.1007/s10644-014-9151-5	NUM
dem-16103	386	30	.	.	PUNCT
dem-16103	387	1	naira	naira	NUM
dem-16103	387	2	(	(	PUNCT
dem-16103	387	3	2016	2016	NUM
dem-16103	387	4	)	)	PUNCT
dem-16103	387	5	,	,	PUNCT
dem-16103	387	6	the	the	DET
dem-16103	387	7	impact	impact	NOUN
dem-16103	387	8	of	of	ADP
dem-16103	387	9	money	money	NOUN
dem-16103	387	10	deposit	deposit	NOUN
dem-16103	387	11	banks	bank	NOUN
dem-16103	387	12	on	on	ADP
dem-16103	387	13	the	the	DET
dem-16103	387	14	economic	economic	ADJ
dem-16103	387	15	development	development	NOUN
dem-16103	387	16	of	of	ADP
dem-16103	387	17	nigeria	nigeria	PROPN
dem-16103	387	18	,	,	PUNCT
dem-16103	387	19	accessed	access	VERB
dem-16103	387	20	on	on	ADP
dem-16103	387	21	13	13	NUM
dem-16103	387	22	september	september	PROPN
dem-16103	387	23	2016	2016	NUM
dem-16103	387	24	,	,	PUNCT
dem-16103	387	25	http://nairaproject.com/projects/1333.html	http://nairaproject.com/projects/1333.html	NUM
dem-16103	387	26	.	.	PUNCT
dem-16103	388	1	nyasha	nyasha	PROPN
dem-16103	388	2	,	,	PUNCT
dem-16103	388	3	s.	s.	PROPN
dem-16103	388	4	,	,	PUNCT
dem-16103	388	5	odhiambo	odhiambo	ADJ
dem-16103	388	6	,	,	PUNCT
dem-16103	388	7	n.	n.	NOUN
dem-16103	388	8	m.	m.	NOUN
dem-16103	388	9	(	(	PUNCT
dem-16103	388	10	2018	2018	NUM
dem-16103	388	11	)	)	PUNCT
dem-16103	388	12	,	,	PUNCT
dem-16103	388	13	financial	financial	ADJ
dem-16103	388	14	development	development	NOUN
dem-16103	388	15	and	and	CCONJ
dem-16103	388	16	economic	economic	ADJ
dem-16103	388	17	growth	growth	NOUN
dem-16103	388	18	nexus	nexus	NOUN
dem-16103	388	19	:	:	PUNCT
dem-16103	388	20	a	a	DET
dem-16103	388	21	revisionist	revisionist	NOUN
dem-16103	388	22	approach	approach	NOUN
dem-16103	388	23	(	(	PUNCT
dem-16103	388	24	february	february	PROPN
dem-16103	388	25	2018	2018	NUM
dem-16103	388	26	)	)	PUNCT
dem-16103	388	27	,	,	PUNCT
dem-16103	388	28	economic	economic	ADJ
dem-16103	388	29	notes	note	NOUN
dem-16103	388	30	,	,	PUNCT
dem-16103	388	31	47(1	47(1	NUM
dem-16103	388	32	)	)	PUNCT
dem-16103	388	33	,	,	PUNCT
dem-16103	388	34	223–229	223–229	NUM
dem-16103	388	35	,	,	PUNCT
dem-16103	388	36	doi	doi	NOUN
dem-16103	388	37	:	:	PUNCT
dem-16103	388	38	http://dx.doi.org/10.1111/ecno.12101	http://dx.doi.org/10.1111/ecno.12101	X
dem-16103	388	39	.	.	PUNCT
dem-16103	389	1	o’connell	o’connell	INTJ
dem-16103	389	2	,	,	PUNCT
dem-16103	389	3	p.	p.	NOUN
dem-16103	389	4	(	(	PUNCT
dem-16103	389	5	1998	1998	NUM
dem-16103	389	6	)	)	PUNCT
dem-16103	389	7	,	,	PUNCT
dem-16103	389	8	the	the	DET
dem-16103	389	9	overvaluation	overvaluation	NOUN
dem-16103	389	10	of	of	ADP
dem-16103	389	11	purchasing	purchase	VERB
dem-16103	389	12	power	power	NOUN
dem-16103	389	13	parity	parity	NOUN
dem-16103	389	14	,	,	PUNCT
dem-16103	389	15	journal	journal	NOUN
dem-16103	389	16	of	of	ADP
dem-16103	389	17	international	international	ADJ
dem-16103	389	18	economics	economic	NOUN
dem-16103	389	19	,	,	PUNCT
dem-16103	389	20	44(1	44(1	PROPN
dem-16103	389	21	)	)	PUNCT
dem-16103	389	22	,	,	PUNCT
dem-16103	389	23	1–19	1–19	PROPN
dem-16103	389	24	,	,	PUNCT
dem-16103	389	25	doi	doi	NOUN
dem-16103	389	26	:	:	PUNCT
dem-16103	389	27	https://doi.org/10.1016/s0022-1996(97)00017-2	https://doi.org/10.1016/s0022-1996(97)00017-2	NOUN
dem-16103	389	28	.	.	PUNCT
dem-16103	390	1	obradovic	obradovic	PROPN
dem-16103	390	2	,	,	PUNCT
dem-16103	390	3	s.	s.	PROPN
dem-16103	390	4	,	,	PUNCT
dem-16103	390	5	grbic	grbic	NOUN
dem-16103	390	6	,	,	PUNCT
dem-16103	390	7	m.	m.	NOUN
dem-16103	390	8	(	(	PUNCT
dem-16103	390	9	2015	2015	NUM
dem-16103	390	10	)	)	PUNCT
dem-16103	390	11	,	,	PUNCT
dem-16103	390	12	causality	causality	NOUN
dem-16103	390	13	relationship	relationship	NOUN
dem-16103	390	14	between	between	ADP
dem-16103	390	15	financial	financial	ADJ
dem-16103	390	16	intermediation	intermediation	NOUN
dem-16103	390	17	by	by	ADP
dem-16103	390	18	banks	bank	NOUN
dem-16103	390	19	and	and	CCONJ
dem-16103	390	20	economic	economic	ADJ
dem-16103	390	21	growth	growth	NOUN
dem-16103	390	22	:	:	PUNCT
dem-16103	390	23	evidence	evidence	NOUN
dem-16103	390	24	from	from	ADP
dem-16103	390	25	serbia	serbia	PROPN
dem-16103	390	26	,	,	PUNCT
dem-16103	390	27	prague	prague	PROPN
dem-16103	390	28	economic	economic	ADJ
dem-16103	390	29	paper	paper	NOUN
dem-16103	390	30	,	,	PUNCT
dem-16103	390	31	24(1	24(1	NUM
dem-16103	390	32	)	)	PUNCT
dem-16103	390	33	,	,	PUNCT
dem-16103	390	34	60–72	60–72	NUM
dem-16103	390	35	,	,	PUNCT
dem-16103	390	36	doi	doi	NOUN
dem-16103	390	37	:	:	PUNCT
dem-16103	390	38	https://doi.org/10.18267/j.pep.500	https://doi.org/10.18267/j.pep.500	PROPN
dem-16103	390	39	.	.	PUNCT
dem-16103	391	1	onuorah	onuorah	PROPN
dem-16103	391	2	,	,	PUNCT
dem-16103	391	3	a.	a.	PROPN
dem-16103	391	4	c.	c.	PROPN
dem-16103	391	5	,	,	PUNCT
dem-16103	391	6	ozurumba	ozurumba	NOUN
dem-16103	391	7	,	,	PUNCT
dem-16103	391	8	b.	b.	PROPN
dem-16103	391	9	a.	a.	PROPN
dem-16103	391	10	(	(	PUNCT
dem-16103	391	11	2013	2013	NUM
dem-16103	391	12	)	)	PUNCT
dem-16103	391	13	,	,	PUNCT
dem-16103	391	14	bank	bank	NOUN
dem-16103	391	15	credits	credit	NOUN
dem-16103	391	16	:	:	PUNCT
dem-16103	391	17	an	an	DET
dem-16103	391	18	aid	aid	NOUN
dem-16103	391	19	to	to	ADP
dem-16103	391	20	economic	economic	ADJ
dem-16103	391	21	growth	growth	NOUN
dem-16103	391	22	in	in	ADP
dem-16103	391	23	nigeria	nigeria	PROPN
dem-16103	391	24	,	,	PUNCT
dem-16103	391	25	information	information	NOUN
dem-16103	391	26	and	and	CCONJ
dem-16103	391	27	knowledge	knowledge	NOUN
dem-16103	391	28	management	management	NOUN
dem-16103	391	29	,	,	PUNCT
dem-16103	391	30	33	33	NUM
dem-16103	391	31	,	,	PUNCT
dem-16103	391	32	1125–1136	1125–1136	NUM
dem-16103	391	33	.	.	PUNCT
dem-16103	392	1	orsal	orsal	PROPN
dem-16103	392	2	,	,	PUNCT
dem-16103	392	3	d.	d.	PROPN
dem-16103	392	4	d.	d.	PROPN
dem-16103	392	5	k.	k.	PROPN
dem-16103	392	6	(	(	PUNCT
dem-16103	392	7	2007	2007	NUM
dem-16103	392	8	)	)	PUNCT
dem-16103	392	9	,	,	PUNCT
dem-16103	392	10	comparison	comparison	NOUN
dem-16103	392	11	of	of	ADP
dem-16103	392	12	panel	panel	NOUN
dem-16103	392	13	cointegration	cointegration	NOUN
dem-16103	392	14	tests	test	NOUN
dem-16103	392	15	,	,	PUNCT
dem-16103	392	16	humboldt	humboldt	PROPN
dem-16103	392	17	-	-	PUNCT
dem-16103	392	18	university	university	PROPN
dem-16103	392	19	berlin	berlin	PROPN
dem-16103	392	20	,	,	PUNCT
dem-16103	392	21	germany	germany	PROPN
dem-16103	392	22	sbf	sbf	NOUN
dem-16103	392	23	discussion	discussion	NOUN
dem-16103	392	24	paper	paper	NOUN
dem-16103	392	25	no	no	INTJ
dem-16103	392	26	.	.	PROPN
dem-16103	392	27	29	29	NUM
dem-16103	392	28	.	.	X
dem-16103	393	1	osman	osman	PROPN
dem-16103	393	2	,	,	PUNCT
dem-16103	393	3	e.	e.	PROPN
dem-16103	393	4	g.	g.	PROPN
dem-16103	393	5	a.	a.	PROPN
dem-16103	393	6	(	(	PUNCT
dem-16103	393	7	2014	2014	NUM
dem-16103	393	8	)	)	PUNCT
dem-16103	393	9	,	,	PUNCT
dem-16103	393	10	the	the	DET
dem-16103	393	11	impact	impact	NOUN
dem-16103	393	12	of	of	ADP
dem-16103	393	13	private	private	ADJ
dem-16103	393	14	sector	sector	NOUN
dem-16103	393	15	credit	credit	NOUN
dem-16103	393	16	on	on	ADP
dem-16103	393	17	saudi	saudi	PROPN
dem-16103	393	18	arabia	arabia	PROPN
dem-16103	393	19	economic	economic	PROPN
dem-16103	393	20	growth	growth	PROPN
dem-16103	393	21	gdp	gdp	PROPN
dem-16103	393	22	:	:	PUNCT
dem-16103	393	23	an	an	DET
dem-16103	393	24	econometrics	econometrics	NOUN
dem-16103	393	25	model	model	NOUN
dem-16103	393	26	using	use	VERB
dem-16103	393	27	ardl	ardl	NOUN
dem-16103	393	28	.	.	PUNCT
dem-16103	394	1	approach	approach	NOUN
dem-16103	394	2	to	to	ADP
dem-16103	394	3	cointegration	cointegration	NOUN
dem-16103	394	4	,	,	PUNCT
dem-16103	394	5	international	international	ADJ
dem-16103	394	6	journal	journal	NOUN
dem-16103	394	7	of	of	ADP
dem-16103	394	8	social	social	ADJ
dem-16103	394	9	science	science	NOUN
dem-16103	394	10	,	,	PUNCT
dem-16103	394	11	3(6	3(6	NUM
dem-16103	394	12	)	)	PUNCT
dem-16103	394	13	,	,	PUNCT
dem-16103	394	14	109–117	109–117	NUM
dem-16103	394	15	.	.	PUNCT
dem-16103	395	1	pala	pala	PROPN
dem-16103	395	2	,	,	PUNCT
dem-16103	395	3	a.	a.	NOUN
dem-16103	395	4	(	(	PUNCT
dem-16103	395	5	2016	2016	NUM
dem-16103	395	6	)	)	PUNCT
dem-16103	395	7	,	,	PUNCT
dem-16103	395	8	which	which	DET
dem-16103	395	9	energy	energy	NOUN
dem-16103	395	10	-	-	PUNCT
dem-16103	395	11	growth	growth	NOUN
dem-16103	395	12	hypothesis	hypothesis	NOUN
dem-16103	395	13	is	be	AUX
dem-16103	395	14	valid	valid	ADJ
dem-16103	395	15	in	in	ADP
dem-16103	395	16	oecd	oecd	PROPN
dem-16103	395	17	countries	country	NOUN
dem-16103	395	18	?	?	PUNCT
dem-16103	396	1	evidence	evidence	NOUN
dem-16103	396	2	from	from	ADP
dem-16103	396	3	panel	panel	NOUN
dem-16103	396	4	granger	granger	PROPN
dem-16103	396	5	causality	causality	PROPN
dem-16103	396	6	,	,	PUNCT
dem-16103	396	7	international	international	ADJ
dem-16103	396	8	journal	journal	NOUN
dem-16103	396	9	of	of	ADP
dem-16103	396	10	energy	energy	NOUN
dem-16103	396	11	economics	economic	NOUN
dem-16103	396	12	and	and	CCONJ
dem-16103	396	13	policy	policy	NOUN
dem-16103	396	14	,	,	PUNCT
dem-16103	396	15	6(1	6(1	NUM
dem-16103	396	16	)	)	PUNCT
dem-16103	396	17	,	,	PUNCT
dem-16103	396	18	28–34	28–34	NUM
dem-16103	396	19	.	.	PUNCT
dem-16103	397	1	dynamics	dynamic	NOUN
dem-16103	397	2	of	of	ADP
dem-16103	397	3	financial	financial	ADJ
dem-16103	397	4	development	development	NOUN
dem-16103	397	5	and	and	CCONJ
dem-16103	397	6	economic	economic	ADJ
dem-16103	397	7	growth	growth	NOUN
dem-16103	397	8	:	:	PUNCT
dem-16103	397	9	panel	panel	NOUN
dem-16103	397	10	data	data	VERB
dem-16103	397	11	analysis	analysis	NOUN
dem-16103	397	12	…	…	SYM
dem-16103	397	13	dynamic	dynamic	ADJ
dem-16103	397	14	econometric	econometric	ADJ
dem-16103	397	15	models	model	NOUN
dem-16103	397	16	18	18	NUM
dem-16103	397	17	(	(	PUNCT
dem-16103	397	18	2018	2018	NUM
dem-16103	397	19	)	)	PUNCT
dem-16103	397	20	5–34	5–34	PROPN
dem-16103	397	21	33	33	NUM
dem-16103	397	22	patrick	patrick	PROPN
dem-16103	397	23	,	,	PUNCT
dem-16103	397	24	h.	h.	PROPN
dem-16103	397	25	(	(	PUNCT
dem-16103	397	26	1966	1966	NUM
dem-16103	397	27	)	)	PUNCT
dem-16103	397	28	,	,	PUNCT
dem-16103	397	29	financial	financial	ADJ
dem-16103	397	30	development	development	NOUN
dem-16103	397	31	and	and	CCONJ
dem-16103	397	32	economic	economic	ADJ
dem-16103	397	33	growth	growth	NOUN
dem-16103	397	34	in	in	ADP
dem-16103	397	35	underdeveloped	underdeveloped	ADJ
dem-16103	397	36	countries	country	NOUN
dem-16103	397	37	,	,	PUNCT
dem-16103	397	38	economic	economic	ADJ
dem-16103	397	39	development	development	NOUN
dem-16103	397	40	and	and	CCONJ
dem-16103	397	41	cultural	cultural	ADJ
dem-16103	397	42	change	change	NOUN
dem-16103	397	43	,	,	PUNCT
dem-16103	397	44	20	20	NUM
dem-16103	397	45	,	,	PUNCT
dem-16103	397	46	174–189	174–189	NUM
dem-16103	397	47	,	,	PUNCT
dem-16103	397	48	doi	doi	NOUN
dem-16103	397	49	:	:	PUNCT
dem-16103	397	50	http://www.jstor.org/stable/1152568	http://www.jstor.org/stable/1152568	PROPN
dem-16103	397	51	.	.	PUNCT
dem-16103	397	52	pedroni	pedroni	PROPN
dem-16103	397	53	,	,	PUNCT
dem-16103	397	54	p.	p.	NOUN
dem-16103	397	55	(	(	PUNCT
dem-16103	397	56	1999	1999	NUM
dem-16103	397	57	)	)	PUNCT
dem-16103	397	58	.	.	PUNCT
dem-16103	398	1	critical	critical	ADJ
dem-16103	398	2	values	value	NOUN
dem-16103	398	3	for	for	ADP
dem-16103	398	4	cointegration	cointegration	NOUN
dem-16103	398	5	tests	test	NOUN
dem-16103	398	6	in	in	ADP
dem-16103	398	7	heterogeneous	heterogeneous	ADJ
dem-16103	398	8	panels	panel	NOUN
dem-16103	398	9	with	with	ADP
dem-16103	398	10	multiple	multiple	ADJ
dem-16103	398	11	repressors	repressor	NOUN
dem-16103	398	12	,	,	PUNCT
dem-16103	398	13	oxford	oxford	ADJ
dem-16103	398	14	bulletin	bulletin	NOUN
dem-16103	398	15	of	of	ADP
dem-16103	398	16	economics	economic	NOUN
dem-16103	398	17	and	and	CCONJ
dem-16103	398	18	statistics	statistic	NOUN
dem-16103	398	19	,	,	PUNCT
dem-16103	398	20	0305–9049	0305–9049	NUM
dem-16103	398	21	,	,	PUNCT
dem-16103	398	22	653–70	653–70	PROPN
dem-16103	398	23	.	.	PUNCT
dem-16103	399	1	pedroni	pedroni	NOUN
dem-16103	399	2	,	,	PUNCT
dem-16103	399	3	p.	p.	NOUN
dem-16103	399	4	(	(	PUNCT
dem-16103	399	5	2000	2000	NUM
dem-16103	399	6	)	)	PUNCT
dem-16103	399	7	,	,	PUNCT
dem-16103	399	8	fully	fully	ADV
dem-16103	399	9	modified	modify	VERB
dem-16103	399	10	ols	ol	NOUN
dem-16103	399	11	for	for	ADP
dem-16103	399	12	heterogeneous	heterogeneous	ADJ
dem-16103	399	13	cointegrated	cointegrate	VERB
dem-16103	399	14	panels	panel	NOUN
dem-16103	399	15	,	,	PUNCT
dem-16103	399	16	advances	advance	NOUN
dem-16103	399	17	in	in	ADP
dem-16103	399	18	econometrics	econometric	NOUN
dem-16103	399	19	,	,	PUNCT
dem-16103	399	20	15	15	NUM
dem-16103	399	21	,	,	PUNCT
dem-16103	399	22	93–130	93–130	NUM
dem-16103	399	23	.	.	PUNCT
dem-16103	399	24	pedroni	pedroni	NOUN
dem-16103	399	25	,	,	PUNCT
dem-16103	399	26	p.	p.	NOUN
dem-16103	399	27	(	(	PUNCT
dem-16103	399	28	2004	2004	NUM
dem-16103	399	29	)	)	PUNCT
dem-16103	399	30	,	,	PUNCT
dem-16103	399	31	panel	panel	NOUN
dem-16103	399	32	cointegration	cointegration	NOUN
dem-16103	399	33	;	;	PUNCT
dem-16103	399	34	asymptotic	asymptotic	ADJ
dem-16103	399	35	and	and	CCONJ
dem-16103	399	36	finite	finite	ADJ
dem-16103	399	37	sample	sample	NOUN
dem-16103	399	38	properties	property	NOUN
dem-16103	399	39	of	of	ADP
dem-16103	399	40	pooled	pool	VERB
dem-16103	399	41	time	time	NOUN
dem-16103	399	42	series	series	NOUN
dem-16103	399	43	tests	test	NOUN
dem-16103	399	44	,	,	PUNCT
dem-16103	399	45	with	with	ADP
dem-16103	399	46	an	an	DET
dem-16103	399	47	application	application	NOUN
dem-16103	399	48	to	to	ADP
dem-16103	399	49	the	the	DET
dem-16103	399	50	ppp	ppp	NOUN
dem-16103	399	51	hypothesis	hypothesis	NOUN
dem-16103	399	52	,	,	PUNCT
dem-16103	399	53	econometric	econometric	ADJ
dem-16103	399	54	theory	theory	NOUN
dem-16103	399	55	,	,	PUNCT
dem-16103	399	56	20	20	NUM
dem-16103	399	57	,	,	PUNCT
dem-16103	399	58	575–625	575–625	NUM
dem-16103	399	59	.	.	PUNCT
dem-16103	400	1	pesaran	pesaran	VERB
dem-16103	400	2	,	,	PUNCT
dem-16103	400	3	m.	m.	NOUN
dem-16103	400	4	h.	h.	PROPN
dem-16103	400	5	(	(	PUNCT
dem-16103	400	6	2007	2007	NUM
dem-16103	400	7	)	)	PUNCT
dem-16103	400	8	,	,	PUNCT
dem-16103	400	9	a	a	DET
dem-16103	400	10	simple	simple	ADJ
dem-16103	400	11	panel	panel	NOUN
dem-16103	400	12	unit	unit	NOUN
dem-16103	400	13	root	root	NOUN
dem-16103	400	14	test	test	NOUN
dem-16103	400	15	in	in	ADP
dem-16103	400	16	the	the	DET
dem-16103	400	17	presence	presence	NOUN
dem-16103	400	18	of	of	ADP
dem-16103	400	19	cross	cross	ADJ
dem-16103	400	20	-	-	ADJ
dem-16103	400	21	section	section	ADJ
dem-16103	400	22	dependence	dependence	NOUN
dem-16103	400	23	,	,	PUNCT
dem-16103	400	24	journal	journal	NOUN
dem-16103	400	25	of	of	ADP
dem-16103	400	26	applied	applied	ADJ
dem-16103	400	27	econometrics	econometric	NOUN
dem-16103	400	28	,	,	PUNCT
dem-16103	400	29	22(2	22(2	NUM
dem-16103	400	30	)	)	PUNCT
dem-16103	400	31	,	,	PUNCT
dem-16103	400	32	265–312	265–312	NUM
dem-16103	400	33	,	,	PUNCT
dem-16103	400	34	doi	doi	NOUN
dem-16103	400	35	:	:	PUNCT
dem-16103	401	1	https://doi.org/10.1002/jae.951	https://doi.org/10.1002/jae.951	PROPN
dem-16103	401	2	.	.	PUNCT
dem-16103	402	1	pradhan	pradhan	PROPN
dem-16103	402	2	,	,	PUNCT
dem-16103	402	3	p.	p.	PROPN
dem-16103	402	4	r.	r.	PROPN
dem-16103	402	5	(	(	PUNCT
dem-16103	402	6	2011	2011	NUM
dem-16103	402	7	)	)	PUNCT
dem-16103	402	8	,	,	PUNCT
dem-16103	402	9	financial	financial	ADJ
dem-16103	402	10	development	development	NOUN
dem-16103	402	11	,	,	PUNCT
dem-16103	402	12	growth	growth	NOUN
dem-16103	402	13	and	and	CCONJ
dem-16103	402	14	stock	stock	NOUN
dem-16103	402	15	market	market	NOUN
dem-16103	402	16	development	development	NOUN
dem-16103	402	17	:	:	PUNCT
dem-16103	402	18	the	the	DET
dem-16103	402	19	trilateral	trilateral	ADJ
dem-16103	402	20	analysis	analysis	NOUN
dem-16103	402	21	in	in	ADP
dem-16103	402	22	india	india	PROPN
dem-16103	402	23	,	,	PUNCT
dem-16103	402	24	journal	journal	NOUN
dem-16103	402	25	of	of	ADP
dem-16103	402	26	quantitative	quantitative	ADJ
dem-16103	402	27	economics	economic	NOUN
dem-16103	402	28	,	,	PUNCT
dem-16103	402	29	9(1	9(1	NUM
dem-16103	402	30	)	)	PUNCT
dem-16103	402	31	,	,	PUNCT
dem-16103	402	32	134–145	134–145	NUM
dem-16103	402	33	.	.	PUNCT
dem-16103	403	1	rajan	rajan	PROPN
dem-16103	403	2	,	,	PUNCT
dem-16103	403	3	r.	r.	PROPN
dem-16103	403	4	g.	g.	PROPN
dem-16103	403	5	,	,	PUNCT
dem-16103	403	6	zingales	zingales	PROPN
dem-16103	403	7	,	,	PUNCT
dem-16103	403	8	l.	l.	PROPN
dem-16103	403	9	(	(	PUNCT
dem-16103	403	10	1998	1998	NUM
dem-16103	403	11	)	)	PUNCT
dem-16103	403	12	,	,	PUNCT
dem-16103	403	13	financial	financial	ADJ
dem-16103	403	14	dependence	dependence	NOUN
dem-16103	403	15	and	and	CCONJ
dem-16103	403	16	growth	growth	NOUN
dem-16103	403	17	,	,	PUNCT
dem-16103	403	18	american	american	PROPN
dem-16103	403	19	economic	economic	PROPN
dem-16103	403	20	review	review	PROPN
dem-16103	403	21	,	,	PUNCT
dem-16103	403	22	88(3	88(3	NUM
dem-16103	403	23	)	)	PUNCT
dem-16103	403	24	,	,	PUNCT
dem-16103	403	25	559–586	559–586	NUM
dem-16103	403	26	.	.	PUNCT
dem-16103	403	27	ram	ram	PROPN
dem-16103	403	28	,	,	PUNCT
dem-16103	403	29	r.	r.	PROPN
dem-16103	403	30	(	(	PUNCT
dem-16103	403	31	1999	1999	NUM
dem-16103	403	32	)	)	PUNCT
dem-16103	403	33	,	,	PUNCT
dem-16103	403	34	financial	financial	ADJ
dem-16103	403	35	development	development	NOUN
dem-16103	403	36	and	and	CCONJ
dem-16103	403	37	economic	economic	ADJ
dem-16103	403	38	growth	growth	NOUN
dem-16103	403	39	:	:	PUNCT
dem-16103	403	40	additional	additional	ADJ
dem-16103	403	41	evidence	evidence	NOUN
dem-16103	403	42	,	,	PUNCT
dem-16103	403	43	journal	journal	NOUN
dem-16103	403	44	of	of	ADP
dem-16103	403	45	development	development	NOUN
dem-16103	403	46	studies	study	NOUN
dem-16103	403	47	,	,	PUNCT
dem-16103	403	48	35(4	35(4	NUM
dem-16103	403	49	)	)	PUNCT
dem-16103	403	50	,	,	PUNCT
dem-16103	403	51	164–174	164–174	NUM
dem-16103	403	52	,	,	PUNCT
dem-16103	403	53	doi	doi	NOUN
dem-16103	403	54	:	:	PUNCT
dem-16103	403	55	https://doi.org/10.1080/00220389908422585	https://doi.org/10.1080/00220389908422585	NOUN
dem-16103	403	56	.	.	PUNCT
dem-16103	404	1	ramirez	ramirez	PROPN
dem-16103	404	2	,	,	PUNCT
dem-16103	404	3	m.	m.	PROPN
dem-16103	404	4	d.	d.	PROPN
dem-16103	404	5	(	(	PUNCT
dem-16103	404	6	2006	2006	NUM
dem-16103	404	7	)	)	PUNCT
dem-16103	404	8	,	,	PUNCT
dem-16103	404	9	economic	economic	ADJ
dem-16103	404	10	and	and	CCONJ
dem-16103	404	11	institutional	institutional	ADJ
dem-16103	404	12	determinants	determinant	NOUN
dem-16103	404	13	of	of	ADP
dem-16103	404	14	fdi	fdi	PROPN
dem-16103	404	15	in	in	ADP
dem-16103	404	16	chile	chile	PROPN
dem-16103	404	17	:	:	PUNCT
dem-16103	404	18	a	a	DET
dem-16103	404	19	time	time	NOUN
dem-16103	404	20	series	series	NOUN
dem-16103	404	21	analysis	analysis	NOUN
dem-16103	404	22	1960–2001	1960–2001	NUM
dem-16103	404	23	,	,	PUNCT
dem-16103	404	24	contemporary	contemporary	ADJ
dem-16103	404	25	economic	economic	ADJ
dem-16103	404	26	policy	policy	NOUN
dem-16103	404	27	,	,	PUNCT
dem-16103	404	28	24	24	NUM
dem-16103	404	29	(	(	PUNCT
dem-16103	404	30	3	3	NUM
dem-16103	404	31	)	)	PUNCT
dem-16103	404	32	,	,	PUNCT
dem-16103	404	33	459–71	459–71	NOUN
dem-16103	404	34	,	,	PUNCT
dem-16103	404	35	doi	doi	NOUN
dem-16103	404	36	:	:	PUNCT
dem-16103	404	37	https://doi.org/10.1093/cep/byj027	https://doi.org/10.1093/cep/byj027	PROPN
dem-16103	404	38	.	.	PUNCT
dem-16103	404	39	ray	ray	PROPN
dem-16103	404	40	,	,	PUNCT
dem-16103	404	41	s.	s.	PROPN
dem-16103	404	42	(	(	PUNCT
dem-16103	404	43	2013	2013	NUM
dem-16103	404	44	)	)	PUNCT
dem-16103	404	45	,	,	PUNCT
dem-16103	404	46	does	do	AUX
dem-16103	404	47	financial	financial	ADJ
dem-16103	404	48	development	development	NOUN
dem-16103	404	49	promote	promote	VERB
dem-16103	404	50	economic	economic	ADJ
dem-16103	404	51	growth	growth	NOUN
dem-16103	404	52	in	in	ADP
dem-16103	404	53	india	india	PROPN
dem-16103	404	54	?	?	PROPN
dem-16103	404	55	,	,	PUNCT
dem-16103	404	56	international	international	ADJ
dem-16103	404	57	journal	journal	NOUN
dem-16103	404	58	of	of	ADP
dem-16103	404	59	economic	economic	ADJ
dem-16103	404	60	practices	practice	NOUN
dem-16103	404	61	and	and	CCONJ
dem-16103	404	62	theories	theory	NOUN
dem-16103	404	63	,	,	PUNCT
dem-16103	404	64	3(3	3(3	NUM
dem-16103	404	65	)	)	PUNCT
dem-16103	404	66	,	,	PUNCT
dem-16103	404	67	140–151	140–151	NUM
dem-16103	404	68	.	.	PUNCT
dem-16103	405	1	robinson	robinson	PROPN
dem-16103	405	2	,	,	PUNCT
dem-16103	405	3	j.	j.	PROPN
dem-16103	405	4	(	(	PUNCT
dem-16103	405	5	1952	1952	NUM
dem-16103	405	6	)	)	PUNCT
dem-16103	405	7	,	,	PUNCT
dem-16103	405	8	the	the	DET
dem-16103	405	9	generalization	generalization	NOUN
dem-16103	405	10	of	of	ADP
dem-16103	405	11	the	the	DET
dem-16103	405	12	general	general	ADJ
dem-16103	405	13	theory	theory	NOUN
dem-16103	405	14	,	,	PUNCT
dem-16103	405	15	in	in	ADP
dem-16103	405	16	:	:	PUNCT
dem-16103	405	17	the	the	DET
dem-16103	405	18	rate	rate	NOUN
dem-16103	405	19	of	of	ADP
dem-16103	405	20	interest	interest	NOUN
dem-16103	405	21	and	and	CCONJ
dem-16103	405	22	other	other	ADJ
dem-16103	405	23	essays	essay	NOUN
dem-16103	405	24	.	.	PUNCT
dem-16103	406	1	macmillan	macmillan	PROPN
dem-16103	406	2	,	,	PUNCT
dem-16103	406	3	london	london	PROPN
dem-16103	406	4	.	.	PUNCT
dem-16103	406	5	rousseau	rousseau	PROPN
dem-16103	406	6	,	,	PUNCT
dem-16103	406	7	p.	p.	PROPN
dem-16103	406	8	l.	l.	PROPN
dem-16103	406	9	,	,	PUNCT
dem-16103	406	10	wachtel	wachtel	NOUN
dem-16103	406	11	,	,	PUNCT
dem-16103	406	12	p.	p.	NOUN
dem-16103	406	13	(	(	PUNCT
dem-16103	406	14	2000	2000	NUM
dem-16103	406	15	)	)	PUNCT
dem-16103	406	16	,	,	PUNCT
dem-16103	406	17	equity	equity	NOUN
dem-16103	406	18	markets	market	NOUN
dem-16103	406	19	and	and	CCONJ
dem-16103	406	20	growth	growth	NOUN
dem-16103	406	21	:	:	PUNCT
dem-16103	406	22	cross	cross	VERB
dem-16103	406	23	country	country	NOUN
dem-16103	406	24	evidence	evidence	NOUN
dem-16103	406	25	on	on	ADP
dem-16103	406	26	timing	timing	NOUN
dem-16103	406	27	and	and	CCONJ
dem-16103	406	28	outcomes	outcome	NOUN
dem-16103	406	29	,	,	PUNCT
dem-16103	406	30	1980–95	1980–95	NUM
dem-16103	406	31	,	,	PUNCT
dem-16103	406	32	journal	journal	NOUN
dem-16103	406	33	of	of	ADP
dem-16103	406	34	banking	banking	NOUN
dem-16103	406	35	and	and	CCONJ
dem-16103	406	36	finance	finance	NOUN
dem-16103	406	37	,	,	PUNCT
dem-16103	406	38	24(12	24(12	NUM
dem-16103	406	39	)	)	PUNCT
dem-16103	406	40	,	,	PUNCT
dem-16103	406	41	1933–1957	1933–1957	NUM
dem-16103	406	42	.	.	PUNCT
dem-16103	407	1	safdari	safdari	PROPN
dem-16103	407	2	,	,	PUNCT
dem-16103	407	3	m.	m.	NOUN
dem-16103	407	4	,	,	PUNCT
dem-16103	407	5	mahmoodi	mahmoodi	NOUN
dem-16103	407	6	,	,	PUNCT
dem-16103	407	7	m.	m.	NOUN
dem-16103	407	8	,	,	PUNCT
dem-16103	407	9	mahmoodi	mahmoodi	PROPN
dem-16103	407	10	,	,	PUNCT
dem-16103	407	11	e.	e.	PROPN
dem-16103	407	12	(	(	PUNCT
dem-16103	407	13	2011	2011	NUM
dem-16103	407	14	)	)	PUNCT
dem-16103	407	15	,	,	PUNCT
dem-16103	407	16	the	the	DET
dem-16103	407	17	causality	causality	NOUN
dem-16103	407	18	relationship	relationship	NOUN
dem-16103	407	19	between	between	ADP
dem-16103	407	20	export	export	NOUN
dem-16103	407	21	and	and	CCONJ
dem-16103	407	22	economic	economic	ADJ
dem-16103	407	23	growth	growth	NOUN
dem-16103	407	24	in	in	ADP
dem-16103	407	25	asian	asian	ADJ
dem-16103	407	26	developing	develop	VERB
dem-16103	407	27	countries	country	NOUN
dem-16103	407	28	,	,	PUNCT
dem-16103	407	29	american	american	ADJ
dem-16103	407	30	journal	journal	PROPN
dem-16103	407	31	of	of	ADP
dem-16103	407	32	scientific	scientific	ADJ
dem-16103	407	33	research	research	NOUN
dem-16103	407	34	,	,	PUNCT
dem-16103	407	35	25	25	NUM
dem-16103	407	36	,	,	PUNCT
dem-16103	407	37	40–45	40–45	NUM
dem-16103	407	38	.	.	PUNCT
dem-16103	408	1	schumpeter	schumpeter	NOUN
dem-16103	408	2	,	,	PUNCT
dem-16103	408	3	j.	j.	PROPN
dem-16103	408	4	a.	a.	PROPN
dem-16103	408	5	(	(	PUNCT
dem-16103	408	6	1911	1911	NUM
dem-16103	408	7	)	)	PUNCT
dem-16103	408	8	,	,	PUNCT
dem-16103	408	9	theory	theory	NOUN
dem-16103	408	10	of	of	ADP
dem-16103	408	11	economic	economic	ADJ
dem-16103	408	12	development	development	NOUN
dem-16103	408	13	,	,	PUNCT
dem-16103	408	14	munich	munich	PROPN
dem-16103	408	15	duncker	duncker	PROPN
dem-16103	408	16	and	and	CCONJ
dem-16103	408	17	humblot	humblot	PROPN
dem-16103	408	18	.	.	PUNCT
dem-16103	409	1	sehrawat	sehrawat	PROPN
dem-16103	409	2	,	,	PUNCT
dem-16103	409	3	m.	m.	NOUN
dem-16103	409	4	,	,	PUNCT
dem-16103	409	5	giri	giri	PROPN
dem-16103	409	6	,	,	PUNCT
dem-16103	409	7	a.	a.	PROPN
dem-16103	409	8	k.	k.	PROPN
dem-16103	409	9	(	(	PUNCT
dem-16103	409	10	2015	2015	NUM
dem-16103	409	11	)	)	PUNCT
dem-16103	409	12	,	,	PUNCT
dem-16103	409	13	financial	financial	ADJ
dem-16103	409	14	development	development	NOUN
dem-16103	409	15	,	,	PUNCT
dem-16103	409	16	poverty	poverty	NOUN
dem-16103	409	17	and	and	CCONJ
dem-16103	409	18	rural	rural	ADJ
dem-16103	409	19	-	-	PUNCT
dem-16103	409	20	urban	urban	ADJ
dem-16103	409	21	income	income	NOUN
dem-16103	409	22	inequality	inequality	NOUN
dem-16103	409	23	:	:	PUNCT
dem-16103	409	24	evidence	evidence	NOUN
dem-16103	409	25	from	from	ADP
dem-16103	409	26	south	south	ADJ
dem-16103	409	27	asian	asian	ADJ
dem-16103	409	28	countries	country	NOUN
dem-16103	409	29	,	,	PUNCT
dem-16103	409	30	qual	qual	ADJ
dem-16103	409	31	quant	quant	NOUN
dem-16103	409	32	,	,	PUNCT
dem-16103	409	33	15	15	NUM
dem-16103	409	34	,	,	PUNCT
dem-16103	409	35	1–14	1–14	PROPN
dem-16103	409	36	.	.	PROPN
dem-16103	409	37	sharma	sharma	PROPN
dem-16103	409	38	,	,	PUNCT
dem-16103	409	39	d.	d.	PROPN
dem-16103	409	40	,	,	PUNCT
dem-16103	409	41	ranga	ranga	PROPN
dem-16103	409	42	,	,	PUNCT
dem-16103	409	43	m.	m.	NOUN
dem-16103	409	44	(	(	PUNCT
dem-16103	409	45	2014	2014	NUM
dem-16103	409	46	)	)	PUNCT
dem-16103	409	47	,	,	PUNCT
dem-16103	409	48	impact	impact	NOUN
dem-16103	409	49	of	of	ADP
dem-16103	409	50	saving	save	VERB
dem-16103	409	51	deposits	deposit	NOUN
dem-16103	409	52	of	of	ADP
dem-16103	409	53	commercial	commercial	ADJ
dem-16103	409	54	banks	bank	NOUN
dem-16103	409	55	on	on	ADP
dem-16103	409	56	gdp	gdp	PROPN
dem-16103	409	57	,	,	PUNCT
dem-16103	409	58	indian	indian	PROPN
dem-16103	409	59	journal	journal	NOUN
dem-16103	409	60	of	of	ADP
dem-16103	409	61	applied	apply	VERB
dem-16103	409	62	research	research	NOUN
dem-16103	409	63	,	,	PUNCT
dem-16103	409	64	4(9	4(9	NUM
dem-16103	409	65	)	)	PUNCT
dem-16103	409	66	,	,	PUNCT
dem-16103	409	67	95–96	95–96	NUM
dem-16103	409	68	,	,	PUNCT
dem-16103	409	69	doi	doi	NOUN
dem-16103	409	70	:	:	PUNCT
dem-16103	409	71	https://doi.org/10.15373/2249555x	https://doi.org/10.15373/2249555x	PROPN
dem-16103	409	72	.	.	PUNCT
dem-16103	410	1	sharma	sharma	PROPN
dem-16103	410	2	,	,	PUNCT
dem-16103	410	3	r.	r.	PROPN
dem-16103	410	4	,	,	PUNCT
dem-16103	410	5	bardhan	bardhan	ADV
dem-16103	410	6	,	,	PUNCT
dem-16103	410	7	s.	s.	PROPN
dem-16103	410	8	(	(	PUNCT
dem-16103	410	9	2016	2016	NUM
dem-16103	410	10	)	)	PUNCT
dem-16103	410	11	,	,	PUNCT
dem-16103	410	12	finance	finance	NOUN
dem-16103	410	13	growth	growth	NOUN
dem-16103	410	14	nexus	nexus	NOUN
dem-16103	410	15	across	across	ADP
dem-16103	410	16	indian	indian	ADJ
dem-16103	410	17	states	state	NOUN
dem-16103	410	18	:	:	PUNCT
dem-16103	410	19	evidences	evidence	NOUN
dem-16103	410	20	from	from	ADP
dem-16103	410	21	panel	panel	NOUN
dem-16103	410	22	cointegration	cointegration	NOUN
dem-16103	410	23	and	and	CCONJ
dem-16103	410	24	causality	causality	NOUN
dem-16103	410	25	tests	test	NOUN
dem-16103	410	26	,	,	PUNCT
dem-16103	410	27	journal	journal	NOUN
dem-16103	410	28	of	of	ADP
dem-16103	410	29	economic	economic	ADJ
dem-16103	410	30	change	change	NOUN
dem-16103	410	31	restructuring	restructuring	NOUN
dem-16103	410	32	,	,	PUNCT
dem-16103	410	33	50(1	50(1	NUM
dem-16103	410	34	)	)	PUNCT
dem-16103	410	35	,	,	PUNCT
dem-16103	410	36	1–20	1–20	PROPN
dem-16103	410	37	.	.	PUNCT
dem-16103	410	38	shaw	shaw	PROPN
dem-16103	410	39	,	,	PUNCT
dem-16103	410	40	e.	e.	PROPN
dem-16103	410	41	(	(	PUNCT
dem-16103	410	42	1973	1973	NUM
dem-16103	410	43	)	)	PUNCT
dem-16103	410	44	,	,	PUNCT
dem-16103	410	45	financial	financial	ADJ
dem-16103	410	46	deepening	deepening	NOUN
dem-16103	410	47	in	in	ADP
dem-16103	410	48	economic	economic	ADJ
dem-16103	410	49	development	development	NOUN
dem-16103	410	50	,	,	PUNCT
dem-16103	410	51	new	new	PROPN
dem-16103	410	52	york	york	PROPN
dem-16103	410	53	:	:	PUNCT
dem-16103	410	54	oxford	oxford	PROPN
dem-16103	410	55	university	university	PROPN
dem-16103	410	56	press	press	NOUN
dem-16103	410	57	.	.	PUNCT
dem-16103	411	1	singh	singh	PROPN
dem-16103	411	2	,	,	PUNCT
dem-16103	411	3	t.	t.	PROPN
dem-16103	411	4	(	(	PUNCT
dem-16103	411	5	2008	2008	NUM
dem-16103	411	6	)	)	PUNCT
dem-16103	411	7	,	,	PUNCT
dem-16103	411	8	financial	financial	ADJ
dem-16103	411	9	development	development	NOUN
dem-16103	411	10	and	and	CCONJ
dem-16103	411	11	economic	economic	ADJ
dem-16103	411	12	growth	growth	NOUN
dem-16103	411	13	nexus	nexus	NOUN
dem-16103	411	14	:	:	PUNCT
dem-16103	411	15	a	a	DET
dem-16103	411	16	time	time	NOUN
dem-16103	411	17	-	-	PUNCT
dem-16103	411	18	series	series	NOUN
dem-16103	411	19	evidence	evidence	NOUN
dem-16103	411	20	from	from	ADP
dem-16103	411	21	india	india	PROPN
dem-16103	411	22	,	,	PUNCT
dem-16103	411	23	applied	apply	VERB
dem-16103	411	24	economics	economic	NOUN
dem-16103	411	25	,	,	PUNCT
dem-16103	411	26	40	40	NUM
dem-16103	411	27	(	(	PUNCT
dem-16103	411	28	12	12	NUM
dem-16103	411	29	)	)	PUNCT
dem-16103	411	30	,	,	PUNCT
dem-16103	411	31	1615–1627	1615–1627	NUM
dem-16103	411	32	.	.	PUNCT
dem-16103	412	1	stern	stern	ADJ
dem-16103	412	2	,	,	PUNCT
dem-16103	412	3	n.	n.	NOUN
dem-16103	412	4	(	(	PUNCT
dem-16103	412	5	1989	1989	NUM
dem-16103	412	6	)	)	PUNCT
dem-16103	412	7	,	,	PUNCT
dem-16103	412	8	the	the	DET
dem-16103	412	9	economics	economic	NOUN
dem-16103	412	10	of	of	ADP
dem-16103	412	11	development	development	NOUN
dem-16103	412	12	:	:	PUNCT
dem-16103	412	13	a	a	DET
dem-16103	412	14	survey	survey	NOUN
dem-16103	412	15	,	,	PUNCT
dem-16103	412	16	the	the	DET
dem-16103	412	17	economic	economic	ADJ
dem-16103	412	18	journal	journal	NOUN
dem-16103	412	19	,	,	PUNCT
dem-16103	412	20	99(397	99(397	NOUN
dem-16103	412	21	)	)	PUNCT
dem-16103	412	22	,	,	PUNCT
dem-16103	412	23	597–685	597–685	NUM
dem-16103	412	24	,	,	PUNCT
dem-16103	412	25	doi	doi	NOUN
dem-16103	412	26	:	:	PUNCT
dem-16103	412	27	https://doi.org/10.2307/2978421	https://doi.org/10.2307/2978421	PROPN
dem-16103	412	28	.	.	NOUN
dem-16103	413	1	tiwary	tiwary	ADJ
dem-16103	413	2	,	,	PUNCT
dem-16103	413	3	m.	m.	NOUN
dem-16103	413	4	k.	k.	PROPN
dem-16103	413	5	,	,	PUNCT
dem-16103	413	6	thampy	thampy	INTJ
dem-16103	413	7	,	,	PUNCT
dem-16103	413	8	a.	a.	NOUN
dem-16103	413	9	(	(	PUNCT
dem-16103	413	10	2015	2015	NUM
dem-16103	413	11	)	)	PUNCT
dem-16103	413	12	,	,	PUNCT
dem-16103	413	13	financial	financial	ADJ
dem-16103	413	14	development	development	NOUN
dem-16103	413	15	and	and	CCONJ
dem-16103	413	16	economic	economic	ADJ
dem-16103	413	17	growth	growth	NOUN
dem-16103	413	18	:	:	PUNCT
dem-16103	413	19	evidence	evidence	NOUN
dem-16103	413	20	from	from	ADP
dem-16103	413	21	states	state	NOUN
dem-16103	413	22	in	in	ADP
dem-16103	413	23	india	india	PROPN
dem-16103	413	24	,	,	PUNCT
dem-16103	413	25	journal	journal	NOUN
dem-16103	413	26	of	of	ADP
dem-16103	413	27	financial	financial	ADJ
dem-16103	413	28	accounting	accounting	NOUN
dem-16103	413	29	and	and	CCONJ
dem-16103	413	30	management	management	NOUN
dem-16103	413	31	,	,	PUNCT
dem-16103	413	32	6(1	6(1	NUM
dem-16103	413	33	)	)	PUNCT
dem-16103	413	34	,	,	PUNCT
dem-16103	414	1	41–86	41–86	NUM
dem-16103	414	2	.	.	PUNCT
dem-16103	415	1	shravani	shravani	PROPN
dem-16103	415	2	sharma	sharma	PROPN
dem-16103	415	3	and	and	CCONJ
dem-16103	415	4	supran	supran	PROPN
dem-16103	415	5	kumar	kumar	PROPN
dem-16103	415	6	dynamic	dynamic	PROPN
dem-16103	415	7	econometric	econometric	ADJ
dem-16103	415	8	models	model	NOUN
dem-16103	415	9	18	18	NUM
dem-16103	415	10	(	(	PUNCT
dem-16103	415	11	2018	2018	NUM
dem-16103	415	12	)	)	PUNCT
dem-16103	415	13	5–34	5–34	NOUN
dem-16103	415	14	34	34	NUM
dem-16103	415	15	westerlund	westerlund	PROPN
dem-16103	415	16	,	,	PUNCT
dem-16103	415	17	j.	j.	PROPN
dem-16103	415	18	(	(	PUNCT
dem-16103	415	19	2007	2007	NUM
dem-16103	415	20	)	)	PUNCT
dem-16103	415	21	,	,	PUNCT
dem-16103	415	22	testing	test	VERB
dem-16103	415	23	for	for	ADP
dem-16103	415	24	error	error	NOUN
dem-16103	415	25	correction	correction	NOUN
dem-16103	415	26	in	in	ADP
dem-16103	415	27	panel	panel	NOUN
dem-16103	415	28	data	datum	NOUN
dem-16103	415	29	,	,	PUNCT
dem-16103	415	30	oxford	oxford	ADJ
dem-16103	415	31	bulletin	bulletin	NOUN
dem-16103	415	32	of	of	ADP
dem-16103	415	33	economics	economic	NOUN
dem-16103	415	34	and	and	CCONJ
dem-16103	415	35	statistics	statistic	NOUN
dem-16103	415	36	,	,	PUNCT
dem-16103	415	37	69,709–748	69,709–748	NOUN
dem-16103	415	38	,	,	PUNCT
dem-16103	415	39	doi	doi	NOUN
dem-16103	415	40	:	:	PUNCT
dem-16103	415	41	https://doi.org/10.1111/j.1468-0084.2007.00477.x	https://doi.org/10.1111/j.1468-0084.2007.00477.x	NOUN
dem-16103	415	42	.	.	PUNCT
dem-16103	416	1	witkowska	witkowska	PROPN
dem-16103	416	2	,	,	PUNCT
dem-16103	416	3	d.	d.	PROPN
dem-16103	416	4	,	,	PUNCT
dem-16103	416	5	and	and	CCONJ
dem-16103	416	6	kompa	kompa	PROPN
dem-16103	416	7	,	,	PUNCT
dem-16103	416	8	k.	k.	PROPN
dem-16103	416	9	(	(	PUNCT
dem-16103	416	10	2017	2017	NUM
dem-16103	416	11	)	)	PUNCT
dem-16103	416	12	,	,	PUNCT
dem-16103	416	13	how	how	SCONJ
dem-16103	416	14	the	the	DET
dem-16103	416	15	change	change	NOUN
dem-16103	416	16	of	of	ADP
dem-16103	416	17	governing	govern	VERB
dem-16103	416	18	party	party	NOUN
dem-16103	416	19	influences	influence	VERB
dem-16103	416	20	the	the	DET
dem-16103	416	21	efficiency	efficiency	NOUN
dem-16103	416	22	of	of	ADP
dem-16103	416	23	financial	financial	ADJ
dem-16103	416	24	market	market	NOUN
dem-16103	416	25	in	in	ADP
dem-16103	416	26	poland	poland	PROPN
dem-16103	416	27	,	,	PUNCT
dem-16103	416	28	dynamic	dynamic	ADJ
dem-16103	416	29	econometric	econometric	ADJ
dem-16103	416	30	models	model	NOUN
dem-16103	416	31	,	,	PUNCT
dem-16103	416	32	7(1	7(1	NUM
dem-16103	416	33	)	)	PUNCT
dem-16103	416	34	,	,	PUNCT
dem-16103	416	35	147–159	147–159	NUM
dem-16103	416	36	.	.	PUNCT
dem-16103	417	1	yang	yang	PROPN
dem-16103	417	2	,	,	PUNCT
dem-16103	417	3	y.	y.	PROPN
dem-16103	417	4	,	,	PUNCT
dem-16103	417	5	yi	yi	PROPN
dem-16103	417	6	,	,	PUNCT
dem-16103	417	7	m.	m.	NOUN
dem-16103	417	8	(	(	PUNCT
dem-16103	417	9	2007	2007	NUM
dem-16103	417	10	)	)	PUNCT
dem-16103	417	11	,	,	PUNCT
dem-16103	417	12	does	do	AUX
dem-16103	417	13	financial	financial	ADJ
dem-16103	417	14	development	development	NOUN
dem-16103	417	15	cause	cause	VERB
dem-16103	417	16	economic	economic	ADJ
dem-16103	417	17	growth	growth	NOUN
dem-16103	417	18	?	?	PUNCT
dem-16103	418	1	implication	implication	NOUN
dem-16103	418	2	for	for	ADP
dem-16103	418	3	policy	policy	NOUN
dem-16103	418	4	in	in	ADP
dem-16103	418	5	korea	korea	PROPN
dem-16103	418	6	,	,	PUNCT
dem-16103	418	7	journal	journal	NOUN
dem-16103	418	8	of	of	ADP
dem-16103	418	9	policy	policy	NOUN
dem-16103	418	10	modeling	modeling	NOUN
dem-16103	418	11	,	,	PUNCT
dem-16103	418	12	30(5	30(5	NUM
dem-16103	418	13	)	)	PUNCT
dem-16103	418	14	,	,	PUNCT
dem-16103	418	15	827–840	827–840	NUM
dem-16103	418	16	,	,	PUNCT
dem-16103	418	17	doi	doi	NOUN
dem-16103	418	18	:	:	PUNCT
dem-16103	418	19	https://doi.org/10.1016/j.jpolmod.2007.09.006	https://doi.org/10.1016/j.jpolmod.2007.09.006	NOUN
dem-16103	418	20	.	.	PUNCT
dem-16103	419	1	younsi	younsi	PROPN
dem-16103	419	2	,	,	PUNCT
dem-16103	419	3	m.	m.	NOUN
dem-16103	419	4	,	,	PUNCT
dem-16103	419	5	bechtinib	bechtinib	PROPN
dem-16103	419	6	,	,	PUNCT
dem-16103	419	7	m	m	PRON
dem-16103	419	8	,	,	PUNCT
dem-16103	419	9	(	(	PUNCT
dem-16103	419	10	2018	2018	NUM
dem-16103	419	11	)	)	PUNCT
dem-16103	419	12	,	,	PUNCT
dem-16103	419	13	economic	economic	ADJ
dem-16103	419	14	growth	growth	NOUN
dem-16103	419	15	,	,	PUNCT
dem-16103	419	16	financial	financial	ADJ
dem-16103	419	17	development	development	NOUN
dem-16103	419	18	and	and	CCONJ
dem-16103	419	19	income	income	NOUN
dem-16103	419	20	inequality	inequality	NOUN
dem-16103	419	21	in	in	ADP
dem-16103	419	22	brics	bric	NOUN
dem-16103	419	23	countries	country	NOUN
dem-16103	419	24	:	:	PUNCT
dem-16103	419	25	evidence	evidence	NOUN
dem-16103	419	26	from	from	ADP
dem-16103	419	27	panel	panel	NOUN
dem-16103	419	28	granger	granger	PROPN
dem-16103	419	29	causality	causality	PROPN
dem-16103	419	30	tests	test	NOUN
dem-16103	419	31	,	,	PUNCT
dem-16103	419	32	munich	munich	PROPN
dem-16103	419	33	personal	personal	PROPN
dem-16103	419	34	repec	repec	PROPN
dem-16103	419	35	archive	archive	PROPN
dem-16103	419	36	,	,	PUNCT
dem-16103	419	37	mpra	mpra	PROPN
dem-16103	419	38	paper	paper	PROPN
dem-16103	419	39	no	no	PROPN
dem-16103	419	40	.	.	PROPN
dem-16103	419	41	85384	85384	NUM
dem-16103	419	42	.	.	PUNCT