id	sid	tid	token	lemma	pos
dem-4213	1	1	microsoft	microsoft	PROPN
dem-4213	1	2	word	word	NOUN
dem-4213	1	3	00_tresc.docx	00_tresc.docx	PRON
dem-4213	1	4	dynamic	dynamic	ADJ
dem-4213	1	5	econometric	econometric	ADJ
dem-4213	1	6	models	model	NOUN
dem-4213	1	7	vol	vol	NOUN
dem-4213	1	8	.	.	PROPN
dem-4213	1	9	9	9	NUM
dem-4213	1	10	–	–	PUNCT
dem-4213	1	11	nicolaus	nicolaus	PROPN
dem-4213	1	12	copernicus	copernicus	PROPN
dem-4213	1	13	university	university	PROPN
dem-4213	1	14	–	–	PUNCT
dem-4213	1	15	toruń	toruń	NOUN
dem-4213	1	16	–	–	PUNCT
dem-4213	1	17	2009	2009	NUM
dem-4213	1	18	jarosław	jarosław	PROPN
dem-4213	1	19	krajewski	krajewski	PROPN
dem-4213	1	20	nicolaus	nicolaus	PROPN
dem-4213	1	21	copernicus	copernicus	PROPN
dem-4213	1	22	university	university	PROPN
dem-4213	1	23	in	in	ADP
dem-4213	1	24	toruń	toruń	NOUN
dem-4213	1	25	estimating	estimate	VERB
dem-4213	1	26	and	and	CCONJ
dem-4213	1	27	forecasting	forecast	VERB
dem-4213	1	28	gdp	gdp	NOUN
dem-4213	1	29	in	in	ADP
dem-4213	1	30	poland	poland	PROPN
dem-4213	1	31	with	with	ADP
dem-4213	1	32	dynamic	dynamic	ADJ
dem-4213	1	33	factor	factor	NOUN
dem-4213	1	34	model†	model†	NOUN
dem-4213	1	35	a	a	DET
dem-4213	1	36	b	b	PROPN
dem-4213	1	37	s	s	ADP
dem-4213	1	38	t	t	PROPN
dem-4213	1	39	r	r	NOUN
dem-4213	1	40	a	a	DET
dem-4213	1	41	c	c	NOUN
dem-4213	1	42	t.	t.	PROPN
dem-4213	1	43	presented	present	VERB
dem-4213	1	44	paper	paper	NOUN
dem-4213	1	45	concerns	concern	NOUN
dem-4213	1	46	the	the	DET
dem-4213	1	47	dynamic	dynamic	ADJ
dem-4213	1	48	factor	factor	NOUN
dem-4213	1	49	models	model	NOUN
dem-4213	1	50	theory	theory	NOUN
dem-4213	1	51	and	and	CCONJ
dem-4213	1	52	application	application	NOUN
dem-4213	1	53	in	in	ADP
dem-4213	1	54	the	the	DET
dem-4213	1	55	econometric	econometric	ADJ
dem-4213	1	56	analysis	analysis	NOUN
dem-4213	1	57	of	of	ADP
dem-4213	1	58	gdp	gdp	NOUN
dem-4213	1	59	in	in	ADP
dem-4213	1	60	poland	poland	PROPN
dem-4213	1	61	.	.	PUNCT
dem-4213	2	1	dfms	dfms	PROPN
dem-4213	2	2	are	be	AUX
dem-4213	2	3	used	use	VERB
dem-4213	2	4	for	for	ADP
dem-4213	2	5	construction	construction	NOUN
dem-4213	2	6	of	of	ADP
dem-4213	2	7	the	the	DET
dem-4213	2	8	economic	economic	ADJ
dem-4213	2	9	indicators	indicator	NOUN
dem-4213	2	10	and	and	CCONJ
dem-4213	2	11	in	in	ADP
dem-4213	2	12	forecasting	forecasting	NOUN
dem-4213	2	13	,	,	PUNCT
dem-4213	2	14	in	in	ADP
dem-4213	2	15	analyses	analysis	NOUN
dem-4213	2	16	of	of	ADP
dem-4213	2	17	the	the	DET
dem-4213	2	18	monetary	monetary	ADJ
dem-4213	2	19	policy	policy	NOUN
dem-4213	2	20	and	and	CCONJ
dem-4213	2	21	international	international	ADJ
dem-4213	2	22	business	business	NOUN
dem-4213	2	23	cycles	cycle	NOUN
dem-4213	2	24	.	.	PUNCT
dem-4213	3	1	in	in	ADP
dem-4213	3	2	the	the	DET
dem-4213	3	3	article	article	NOUN
dem-4213	3	4	we	we	PRON
dem-4213	3	5	compare	compare	VERB
dem-4213	3	6	the	the	DET
dem-4213	3	7	forecast	forecast	NOUN
dem-4213	3	8	accuracy	accuracy	NOUN
dem-4213	3	9	of	of	ADP
dem-4213	3	10	dfms	dfms	NOUN
dem-4213	3	11	with	with	ADP
dem-4213	3	12	the	the	DET
dem-4213	3	13	forecast	forecast	NOUN
dem-4213	3	14	accuracy	accuracy	NOUN
dem-4213	3	15	of	of	ADP
dem-4213	3	16	2	2	NUM
dem-4213	3	17	competitive	competitive	ADJ
dem-4213	3	18	models	model	NOUN
dem-4213	3	19	:	:	PUNCT
dem-4213	3	20	ar	ar	NOUN
dem-4213	3	21	model	model	NOUN
dem-4213	3	22	and	and	CCONJ
dem-4213	3	23	symptomatic	symptomatic	ADJ
dem-4213	3	24	model	model	NOUN
dem-4213	3	25	.	.	PUNCT
dem-4213	4	1	we	we	PRON
dem-4213	4	2	have	have	AUX
dem-4213	4	3	used	use	VERB
dem-4213	4	4	41	41	NUM
dem-4213	4	5	quarterly	quarterly	ADJ
dem-4213	4	6	time	time	NOUN
dem-4213	4	7	series	series	NOUN
dem-4213	4	8	from	from	ADP
dem-4213	4	9	the	the	DET
dem-4213	4	10	polish	polish	ADJ
dem-4213	4	11	economy	economy	NOUN
dem-4213	4	12	.	.	PUNCT
dem-4213	5	1	the	the	DET
dem-4213	5	2	results	result	NOUN
dem-4213	5	3	are	be	AUX
dem-4213	5	4	encouraging	encouraging	ADJ
dem-4213	5	5	.	.	PUNCT
dem-4213	6	1	the	the	DET
dem-4213	6	2	dfm	dfm	PROPN
dem-4213	6	3	outperforms	outperform	VERB
dem-4213	6	4	other	other	ADJ
dem-4213	6	5	models	model	NOUN
dem-4213	6	6	.	.	PUNCT
dem-4213	7	1	the	the	DET
dem-4213	7	2	best	well	ADV
dem-4213	7	3	fitted	fit	VERB
dem-4213	7	4	to	to	ADP
dem-4213	7	5	empirical	empirical	ADJ
dem-4213	7	6	data	datum	NOUN
dem-4213	7	7	was	be	AUX
dem-4213	7	8	model	model	NOUN
dem-4213	7	9	with	with	ADP
dem-4213	7	10	3	3	NUM
dem-4213	7	11	factors	factor	NOUN
dem-4213	7	12	.	.	PUNCT
dem-4213	8	1	k	k	PROPN
dem-4213	8	2	e	e	PROPN
dem-4213	8	3	y	y	PROPN
dem-4213	8	4	w	w	NOUN
dem-4213	8	5	o	o	NOUN
dem-4213	8	6	r	r	NOUN
dem-4213	8	7	d	d	X
dem-4213	8	8	s	s	NOUN
dem-4213	8	9	:	:	PUNCT
dem-4213	8	10	dynamic	dynamic	ADJ
dem-4213	8	11	factor	factor	NOUN
dem-4213	8	12	models	model	NOUN
dem-4213	8	13	,	,	PUNCT
dem-4213	8	14	principal	principal	ADJ
dem-4213	8	15	components	component	NOUN
dem-4213	8	16	analysis	analysis	NOUN
dem-4213	8	17	,	,	PUNCT
dem-4213	8	18	gdp	gdp	NOUN
dem-4213	8	19	.	.	PROPN
dem-4213	8	20	1	1	NUM
dem-4213	8	21	.	.	X
dem-4213	8	22	introduction	introduction	NOUN
dem-4213	8	23	in	in	ADP
dem-4213	8	24	recent	recent	ADJ
dem-4213	8	25	years	year	NOUN
dem-4213	8	26	,	,	PUNCT
dem-4213	8	27	dynamic	dynamic	ADJ
dem-4213	8	28	factor	factor	NOUN
dem-4213	8	29	models	model	NOUN
dem-4213	8	30	have	have	AUX
dem-4213	8	31	become	become	VERB
dem-4213	8	32	popular	popular	ADJ
dem-4213	8	33	in	in	ADP
dem-4213	8	34	empirical	empirical	ADJ
dem-4213	8	35	macroeconomics	macroeconomic	NOUN
dem-4213	8	36	.	.	PUNCT
dem-4213	9	1	they	they	PRON
dem-4213	9	2	are	be	AUX
dem-4213	9	3	believed	believe	VERB
dem-4213	9	4	to	to	PART
dem-4213	9	5	have	have	AUX
dem-4213	9	6	been	be	AUX
dem-4213	9	7	pioneered	pioneer	VERB
dem-4213	9	8	by	by	ADP
dem-4213	9	9	geweke	geweke	NOUN
dem-4213	9	10	(	(	PUNCT
dem-4213	9	11	1977	1977	NUM
dem-4213	9	12	)	)	PUNCT
dem-4213	9	13	and	and	CCONJ
dem-4213	9	14	sims	sim	NOUN
dem-4213	9	15	&	&	CCONJ
dem-4213	9	16	sargent	sargent	PROPN
dem-4213	9	17	(	(	PUNCT
dem-4213	9	18	1977	1977	NUM
dem-4213	9	19	)	)	PUNCT
dem-4213	9	20	who	who	PRON
dem-4213	9	21	applied	apply	VERB
dem-4213	9	22	this	this	DET
dem-4213	9	23	type	type	NOUN
dem-4213	9	24	of	of	ADP
dem-4213	9	25	models	model	NOUN
dem-4213	9	26	to	to	ADP
dem-4213	9	27	the	the	DET
dem-4213	9	28	analysis	analysis	NOUN
dem-4213	9	29	of	of	ADP
dem-4213	9	30	small	small	ADJ
dem-4213	9	31	sets	set	NOUN
dem-4213	9	32	of	of	ADP
dem-4213	9	33	variables	variable	NOUN
dem-4213	9	34	.	.	PUNCT
dem-4213	10	1	dfms	dfms	PROPN
dem-4213	10	2	have	have	VERB
dem-4213	10	3	a	a	DET
dem-4213	10	4	very	very	ADV
dem-4213	10	5	wide	wide	ADJ
dem-4213	10	6	field	field	NOUN
dem-4213	10	7	of	of	ADP
dem-4213	10	8	applications	application	NOUN
dem-4213	10	9	.	.	PUNCT
dem-4213	11	1	such	such	ADJ
dem-4213	11	2	models	model	NOUN
dem-4213	11	3	are	be	AUX
dem-4213	11	4	widely	widely	ADV
dem-4213	11	5	used	use	VERB
dem-4213	11	6	for	for	ADP
dem-4213	11	7	forecasting	forecasting	NOUN
dem-4213	11	8	,	,	PUNCT
dem-4213	11	9	constructing	construct	VERB
dem-4213	11	10	leading	lead	VERB
dem-4213	11	11	indicators	indicator	NOUN
dem-4213	11	12	of	of	ADP
dem-4213	11	13	business	business	NOUN
dem-4213	11	14	climate	climate	NOUN
dem-4213	11	15	,	,	PUNCT
dem-4213	11	16	monetary	monetary	ADJ
dem-4213	11	17	policy	policy	NOUN
dem-4213	11	18	analysis	analysis	NOUN
dem-4213	11	19	or	or	CCONJ
dem-4213	11	20	the	the	DET
dem-4213	11	21	analysis	analysis	NOUN
dem-4213	11	22	of	of	ADP
dem-4213	11	23	international	international	ADJ
dem-4213	11	24	business	business	NOUN
dem-4213	11	25	cycles	cycle	NOUN
dem-4213	11	26	.	.	PUNCT
dem-4213	12	1	the	the	DET
dem-4213	12	2	purpose	purpose	NOUN
dem-4213	12	3	of	of	ADP
dem-4213	12	4	the	the	DET
dem-4213	12	5	article	article	NOUN
dem-4213	12	6	is	be	AUX
dem-4213	12	7	to	to	PART
dem-4213	12	8	estimate	estimate	VERB
dem-4213	12	9	a	a	DET
dem-4213	12	10	dynamic	dynamic	ADJ
dem-4213	12	11	factor	factor	NOUN
dem-4213	12	12	model	model	NOUN
dem-4213	12	13	of	of	ADP
dem-4213	12	14	gdp	gdp	NOUN
dem-4213	12	15	in	in	ADP
dem-4213	12	16	poland	poland	PROPN
dem-4213	12	17	in	in	ADP
dem-4213	12	18	1997	1997	NUM
dem-4213	12	19	–	–	PUNCT
dem-4213	12	20	2008	2008	NUM
dem-4213	12	21	.	.	PUNCT
dem-4213	13	1	the	the	DET
dem-4213	13	2	second	second	ADJ
dem-4213	13	3	part	part	NOUN
dem-4213	13	4	of	of	ADP
dem-4213	13	5	the	the	DET
dem-4213	13	6	article	article	NOUN
dem-4213	13	7	presents	present	VERB
dem-4213	13	8	a	a	DET
dem-4213	13	9	concept	concept	NOUN
dem-4213	13	10	of	of	ADP
dem-4213	13	11	a	a	DET
dem-4213	13	12	dynamic	dynamic	ADJ
dem-4213	13	13	factor	factor	NOUN
dem-4213	13	14	model	model	NOUN
dem-4213	13	15	.	.	PUNCT
dem-4213	14	1	in	in	ADP
dem-4213	14	2	the	the	DET
dem-4213	14	3	third	third	ADJ
dem-4213	14	4	part	part	NOUN
dem-4213	14	5	the	the	DET
dem-4213	14	6	approach	approach	NOUN
dem-4213	14	7	to	to	ADP
dem-4213	14	8	estimating	estimate	VERB
dem-4213	14	9	model	model	NOUN
dem-4213	14	10	parameters	parameter	NOUN
dem-4213	14	11	as	as	ADV
dem-4213	14	12	well	well	ADV
dem-4213	14	13	as	as	ADP
dem-4213	14	14	common	common	ADJ
dem-4213	14	15	factors	factor	NOUN
dem-4213	14	16	are	be	AUX
dem-4213	14	17	discussed	discuss	VERB
dem-4213	14	18	.	.	PUNCT
dem-4213	15	1	the	the	DET
dem-4213	15	2	methods	method	NOUN
dem-4213	15	3	of	of	ADP
dem-4213	15	4	specifying	specify	VERB
dem-4213	15	5	the	the	DET
dem-4213	15	6	number	number	NOUN
dem-4213	15	7	of	of	ADP
dem-4213	15	8	factors	factor	NOUN
dem-4213	15	9	in	in	ADP
dem-4213	15	10	†	†	NOUN
dem-4213	15	11	scientific	scientific	ADJ
dem-4213	15	12	work	work	NOUN
dem-4213	15	13	is	be	AUX
dem-4213	15	14	financing	finance	VERB
dem-4213	15	15	by	by	ADP
dem-4213	15	16	european	european	ADJ
dem-4213	15	17	social	social	PROPN
dem-4213	15	18	fund	fund	PROPN
dem-4213	15	19	and	and	CCONJ
dem-4213	15	20	national	national	ADJ
dem-4213	15	21	budget	budget	NOUN
dem-4213	15	22	of	of	ADP
dem-4213	15	23	poland	poland	PROPN
dem-4213	15	24	in	in	ADP
dem-4213	15	25	the	the	DET
dem-4213	15	26	integrated	integrate	VERB
dem-4213	15	27	regional	regional	ADJ
dem-4213	15	28	operational	operational	ADJ
dem-4213	15	29	programme	programme	NOUN
dem-4213	15	30	framework	framework	NOUN
dem-4213	15	31	,	,	PUNCT
dem-4213	15	32	measure	measure	VERB
dem-4213	15	33	2.6	2.6	NUM
dem-4213	15	34	"	"	PUNCT
dem-4213	15	35	regional	regional	ADJ
dem-4213	15	36	innovation	innovation	NOUN
dem-4213	15	37	strategies	strategy	NOUN
dem-4213	15	38	and	and	CCONJ
dem-4213	15	39	transfer	transfer	NOUN
dem-4213	15	40	of	of	ADP
dem-4213	15	41	knowledge	knowledge	NOUN
dem-4213	15	42	"	"	PUNCT
dem-4213	15	43	kujawsko	kujawsko	ADJ
dem-4213	15	44	-	-	PUNCT
dem-4213	15	45	pomorskie	pomorskie	ADJ
dem-4213	15	46	voievodship	voievodship	NOUN
dem-4213	15	47	own	own	ADJ
dem-4213	15	48	project	project	NOUN
dem-4213	15	49	"	"	PUNCT
dem-4213	15	50	candidate	candidate	NOUN
dem-4213	15	51	for	for	ADP
dem-4213	15	52	doctor	doctor	NOUN
dem-4213	15	53	's	's	PART
dem-4213	15	54	degree	degree	NOUN
dem-4213	15	55	grants	grant	NOUN
dem-4213	15	56	2008/2009	2008/2009	NUM
dem-4213	15	57	–	–	PUNCT
dem-4213	15	58	irop	irop	NOUN
dem-4213	15	59	"	"	PUNCT
dem-4213	15	60	.	.	PUNCT
dem-4213	16	1	jarosław	jarosław	PROPN
dem-4213	16	2	krajewski	krajewski	PROPN
dem-4213	16	3	140	140	NUM
dem-4213	16	4	the	the	DET
dem-4213	16	5	model	model	NOUN
dem-4213	16	6	are	be	AUX
dem-4213	16	7	also	also	ADV
dem-4213	16	8	presented	present	VERB
dem-4213	16	9	.	.	PUNCT
dem-4213	17	1	the	the	DET
dem-4213	17	2	data	datum	NOUN
dem-4213	17	3	used	use	VERB
dem-4213	17	4	in	in	ADP
dem-4213	17	5	the	the	DET
dem-4213	17	6	study	study	NOUN
dem-4213	17	7	and	and	CCONJ
dem-4213	17	8	the	the	DET
dem-4213	17	9	empirical	empirical	ADJ
dem-4213	17	10	results	result	NOUN
dem-4213	17	11	have	have	AUX
dem-4213	17	12	been	be	AUX
dem-4213	17	13	described	describe	VERB
dem-4213	17	14	in	in	ADP
dem-4213	17	15	the	the	DET
dem-4213	17	16	fourth	fourth	ADJ
dem-4213	17	17	part	part	NOUN
dem-4213	17	18	.	.	PUNCT
dem-4213	18	1	final	final	ADJ
dem-4213	18	2	part	part	NOUN
dem-4213	18	3	summarises	summarise	VERB
dem-4213	18	4	the	the	DET
dem-4213	18	5	whole	whole	ADJ
dem-4213	18	6	study	study	NOUN
dem-4213	18	7	.	.	PUNCT
dem-4213	19	1	2	2	X
dem-4213	19	2	.	.	X
dem-4213	19	3	dynamic	dynamic	ADJ
dem-4213	19	4	factor	factor	NOUN
dem-4213	19	5	model	model	VERB
dem-4213	19	6	the	the	DET
dem-4213	19	7	concept	concept	NOUN
dem-4213	19	8	of	of	ADP
dem-4213	19	9	factor	factor	NOUN
dem-4213	19	10	models	model	NOUN
dem-4213	19	11	bases	basis	NOUN
dem-4213	19	12	on	on	ADP
dem-4213	19	13	the	the	DET
dem-4213	19	14	assumption	assumption	NOUN
dem-4213	19	15	that	that	SCONJ
dem-4213	19	16	the	the	DET
dem-4213	19	17	behavior	behavior	NOUN
dem-4213	19	18	of	of	ADP
dem-4213	19	19	most	most	ADJ
dem-4213	19	20	macroeconomic	macroeconomic	ADJ
dem-4213	19	21	variables	variable	NOUN
dem-4213	19	22	may	may	AUX
dem-4213	19	23	be	be	AUX
dem-4213	19	24	well	well	ADV
dem-4213	19	25	described	describe	VERB
dem-4213	19	26	using	use	VERB
dem-4213	19	27	a	a	DET
dem-4213	19	28	small	small	ADJ
dem-4213	19	29	number	number	NOUN
dem-4213	19	30	of	of	ADP
dem-4213	19	31	unobserved	unobserved	ADJ
dem-4213	19	32	common	common	ADJ
dem-4213	19	33	factors	factor	NOUN
dem-4213	19	34	.	.	PUNCT
dem-4213	20	1	these	these	DET
dem-4213	20	2	factors	factor	NOUN
dem-4213	20	3	are	be	AUX
dem-4213	20	4	often	often	ADV
dem-4213	20	5	interpreted	interpret	VERB
dem-4213	20	6	as	as	ADP
dem-4213	20	7	the	the	DET
dem-4213	20	8	driving	drive	VERB
dem-4213	20	9	forces	force	NOUN
dem-4213	20	10	in	in	ADP
dem-4213	20	11	the	the	DET
dem-4213	20	12	economy	economy	NOUN
dem-4213	20	13	.	.	PUNCT
dem-4213	21	1	the	the	DET
dem-4213	21	2	particular	particular	ADJ
dem-4213	21	3	variables	variable	NOUN
dem-4213	21	4	may	may	AUX
dem-4213	21	5	be	be	AUX
dem-4213	21	6	then	then	ADV
dem-4213	21	7	expressed	express	VERB
dem-4213	21	8	as	as	ADP
dem-4213	21	9	linear	linear	ADJ
dem-4213	21	10	combination	combination	NOUN
dem-4213	21	11	of	of	ADP
dem-4213	21	12	up	up	ADP
dem-4213	21	13	-	-	PUNCT
dem-4213	21	14	to	to	ADP
dem-4213	21	15	-	-	PUNCT
dem-4213	21	16	twenty	twenty	NUM
dem-4213	21	17	common	common	ADJ
dem-4213	21	18	factors	factor	NOUN
dem-4213	21	19	which	which	PRON
dem-4213	21	20	usually	usually	ADV
dem-4213	21	21	make	make	VERB
dem-4213	21	22	it	it	PRON
dem-4213	21	23	possible	possible	ADJ
dem-4213	21	24	to	to	PART
dem-4213	21	25	explain	explain	VERB
dem-4213	21	26	a	a	DET
dem-4213	21	27	major	major	ADJ
dem-4213	21	28	part	part	NOUN
dem-4213	21	29	of	of	ADP
dem-4213	21	30	variability	variability	NOUN
dem-4213	21	31	of	of	ADP
dem-4213	21	32	those	those	DET
dem-4213	21	33	variables	variable	NOUN
dem-4213	21	34	(	(	PUNCT
dem-4213	21	35	kotłowski	kotłowski	ADJ
dem-4213	21	36	,	,	PUNCT
dem-4213	21	37	2008	2008	NUM
dem-4213	21	38	)	)	PUNCT
dem-4213	21	39	.	.	PUNCT
dem-4213	22	1	let	let	VERB
dem-4213	22	2	ty	ty	PRON
dem-4213	22	3	stand	stand	VERB
dem-4213	22	4	for	for	ADP
dem-4213	22	5	a	a	DET
dem-4213	22	6	variable	variable	NOUN
dem-4213	22	7	and	and	CCONJ
dem-4213	22	8	let	let	VERB
dem-4213	22	9	tx	tx	PRON
dem-4213	22	10	express	express	VERB
dem-4213	22	11	the	the	DET
dem-4213	22	12	vector	vector	NOUN
dem-4213	22	13	of	of	ADP
dem-4213	22	14	n	n	DET
dem-4213	22	15	variables	variable	NOUN
dem-4213	22	16	containing	contain	VERB
dem-4213	22	17	information	information	NOUN
dem-4213	22	18	that	that	PRON
dem-4213	22	19	can	can	AUX
dem-4213	22	20	be	be	AUX
dem-4213	22	21	useful	useful	ADJ
dem-4213	22	22	in	in	ADP
dem-4213	22	23	modeling	modeling	NOUN
dem-4213	22	24	and	and	CCONJ
dem-4213	22	25	forecasting	forecast	VERB
dem-4213	22	26	the	the	DET
dem-4213	22	27	future	future	ADJ
dem-4213	22	28	values	value	NOUN
dem-4213	22	29	of	of	ADP
dem-4213	22	30	ty	ty	PRON
dem-4213	22	31	.	.	PUNCT
dem-4213	23	1	in	in	ADP
dem-4213	23	2	the	the	DET
dem-4213	23	3	dynamic	dynamic	ADJ
dem-4213	23	4	factor	factor	NOUN
dem-4213	23	5	model	model	NOUN
dem-4213	23	6	we	we	PRON
dem-4213	23	7	assume	assume	VERB
dem-4213	23	8	that	that	SCONJ
dem-4213	23	9	all	all	DET
dem-4213	23	10	variables	variable	NOUN
dem-4213	23	11	itx	itx	PROPN
dem-4213	23	12	contained	contain	VERB
dem-4213	23	13	in	in	ADP
dem-4213	23	14	vector	vector	NOUN
dem-4213	23	15	tx	tx	PROPN
dem-4213	23	16	may	may	AUX
dem-4213	23	17	be	be	AUX
dem-4213	23	18	expressed	express	VERB
dem-4213	23	19	as	as	ADP
dem-4213	23	20	a	a	DET
dem-4213	23	21	linear	linear	ADJ
dem-4213	23	22	combination	combination	NOUN
dem-4213	23	23	of	of	ADP
dem-4213	23	24	current	current	ADJ
dem-4213	23	25	and	and	CCONJ
dem-4213	23	26	lagged	lag	VERB
dem-4213	23	27	unobserved	unobserved	ADJ
dem-4213	23	28	factors	factor	NOUN
dem-4213	23	29	itf	itf	PROPN
dem-4213	23	30	.	.	PUNCT
dem-4213	24	1	,	,	PUNCT
dem-4213	24	2	,	,	PUNCT
dem-4213	24	3	...	...	PUNCT
dem-4213	24	4	,	,	PUNCT
dem-4213	24	5	1for	1for	PROPN
dem-4213	24	6	,	,	PUNCT
dem-4213	24	7	)	)	PUNCT
dem-4213	24	8	(	(	PUNCT
dem-4213	24	9	nielx	nielx	PROPN
dem-4213	24	10	itiit	itiit	NOUN
dem-4213	25	1	=	=	PROPN
dem-4213	26	1	+	+	NOUN
dem-4213	26	2	=	=	ADJ
dem-4213	26	3	tfλ	tfλ	NOUN
dem-4213	26	4	(	(	PUNCT
dem-4213	26	5	1	1	NUM
dem-4213	26	6	)	)	PUNCT
dem-4213	26	7	where	where	SCONJ
dem-4213	26	8	]	]	X
dem-4213	26	9	'	'	PUNCT
dem-4213	26	10	,	,	PUNCT
dem-4213	26	11	...	...	PUNCT
dem-4213	26	12	,	,	PUNCT
dem-4213	26	13	,	,	PUNCT
dem-4213	26	14	[	[	PUNCT
dem-4213	26	15	21	21	NUM
dem-4213	26	16	trtt	trtt	NOUN
dem-4213	26	17	fff	fff	PROPN
dem-4213	26	18	=	=	PROPN
dem-4213	26	19	tf	tf	PROPN
dem-4213	26	20	stands	stand	VERB
dem-4213	26	21	for	for	ADP
dem-4213	26	22	vector	vector	NOUN
dem-4213	26	23	r	r	NOUN
dem-4213	26	24	of	of	ADP
dem-4213	26	25	unobserved	unobserved	ADJ
dem-4213	26	26	common	common	ADJ
dem-4213	26	27	factors	factor	NOUN
dem-4213	26	28	at	at	ADP
dem-4213	26	29	moment	moment	NOUN
dem-4213	26	30	t	t	PROPN
dem-4213	26	31	,	,	PUNCT
dem-4213	26	32	q	q	PROPN
dem-4213	26	33	iqiiii	iqiiii	PROPN
dem-4213	26	34	lll	lll	PROPN
dem-4213	26	35	λλλλλ	λλλλλ	PROPN
dem-4213	27	1	+	+	PROPN
dem-4213	27	2	+	+	ADJ
dem-4213	27	3	+	+	ADJ
dem-4213	27	4	+	+	NOUN
dem-4213	27	5	=	=	NOUN
dem-4213	27	6	...	...	PUNCT
dem-4213	27	7	)	)	PUNCT
dem-4213	27	8	(	(	PUNCT
dem-4213	27	9	2	2	NUM
dem-4213	27	10	210	210	NUM
dem-4213	27	11	represent	represent	VERB
dem-4213	27	12	a	a	DET
dem-4213	27	13	lag	lag	NOUN
dem-4213	27	14	polynomials	polynomial	NOUN
dem-4213	27	15	and	and	CCONJ
dem-4213	27	16	ite	ite	VERB
dem-4213	27	17	express	express	VERB
dem-4213	27	18	an	an	DET
dem-4213	27	19	idiosyncratic	idiosyncratic	ADJ
dem-4213	27	20	errors	error	NOUN
dem-4213	27	21	for	for	ADP
dem-4213	27	22	variable	variable	ADJ
dem-4213	27	23	itx	itx	NOUN
dem-4213	27	24	(	(	PUNCT
dem-4213	27	25	see	see	VERB
dem-4213	27	26	stock	stock	NOUN
dem-4213	27	27	,	,	PUNCT
dem-4213	27	28	watson	watson	PROPN
dem-4213	27	29	,	,	PUNCT
dem-4213	27	30	1998	1998	NUM
dem-4213	27	31	)	)	PUNCT
dem-4213	27	32	.	.	PUNCT
dem-4213	28	1	in	in	ADP
dem-4213	28	2	turn	turn	NOUN
dem-4213	28	3	,	,	PUNCT
dem-4213	28	4	ty	ty	PRON
dem-4213	28	5	may	may	AUX
dem-4213	28	6	be	be	AUX
dem-4213	28	7	noted	note	VERB
dem-4213	28	8	as	as	ADP
dem-4213	28	9	the	the	DET
dem-4213	28	10	function	function	NOUN
dem-4213	28	11	of	of	ADP
dem-4213	28	12	current	current	ADJ
dem-4213	28	13	and	and	CCONJ
dem-4213	28	14	lagged	lag	VERB
dem-4213	28	15	common	common	ADJ
dem-4213	28	16	factors	factor	NOUN
dem-4213	28	17	contained	contain	VERB
dem-4213	28	18	in	in	ADP
dem-4213	28	19	vector	vector	NOUN
dem-4213	28	20	tf	tf	X
dem-4213	28	21	and	and	CCONJ
dem-4213	28	22	the	the	DET
dem-4213	28	23	past	past	ADJ
dem-4213	28	24	values	value	NOUN
dem-4213	28	25	of	of	ADP
dem-4213	28	26	variable	variable	NOUN
dem-4213	28	27	ty	ty	INTJ
dem-4213	28	28	,	,	PUNCT
dem-4213	28	29	with	with	ADP
dem-4213	28	30	the	the	DET
dem-4213	28	31	following	follow	VERB
dem-4213	28	32	formula	formula	NOUN
dem-4213	28	33	.	.	PUNCT
dem-4213	28	34	)	)	PUNCT
dem-4213	29	1	(	(	PUNCT
dem-4213	29	2	)	)	PUNCT
dem-4213	29	3	(	(	PUNCT
dem-4213	29	4	tttt	tttt	INTJ
dem-4213	29	5	eylly	eylly	ADV
dem-4213	29	6	+	+	PROPN
dem-4213	29	7	+	+	NOUN
dem-4213	29	8	=	=	SYM
dem-4213	29	9	γβ	γβ	PROPN
dem-4213	29	10	f	f	PROPN
dem-4213	29	11	(	(	PUNCT
dem-4213	29	12	2	2	NUM
dem-4213	29	13	)	)	PUNCT
dem-4213	29	14	the	the	DET
dem-4213	29	15	model	model	NOUN
dem-4213	29	16	described	describe	VERB
dem-4213	29	17	with	with	ADP
dem-4213	29	18	equations	equation	NOUN
dem-4213	29	19	(	(	PUNCT
dem-4213	29	20	1	1	NUM
dem-4213	29	21	)	)	PUNCT
dem-4213	29	22	and	and	CCONJ
dem-4213	29	23	(	(	PUNCT
dem-4213	29	24	2	2	X
dem-4213	29	25	)	)	PUNCT
dem-4213	29	26	is	be	AUX
dem-4213	29	27	a	a	DET
dem-4213	29	28	dynamic	dynamic	ADJ
dem-4213	29	29	factor	factor	NOUN
dem-4213	29	30	model	model	NOUN
dem-4213	29	31	.	.	PUNCT
dem-4213	30	1	3	3	X
dem-4213	30	2	.	.	PUNCT
dem-4213	30	3	model	model	NOUN
dem-4213	30	4	estimation	estimation	NOUN
dem-4213	30	5	and	and	CCONJ
dem-4213	30	6	selection	selection	NOUN
dem-4213	30	7	of	of	ADP
dem-4213	30	8	the	the	DET
dem-4213	30	9	factor	factor	NOUN
dem-4213	30	10	’s	’s	PART
dem-4213	30	11	number	number	NOUN
dem-4213	30	12	one	one	NUM
dem-4213	30	13	of	of	ADP
dem-4213	30	14	the	the	DET
dem-4213	30	15	most	most	ADV
dem-4213	30	16	widely	widely	ADV
dem-4213	30	17	used	use	VERB
dem-4213	30	18	methods	method	NOUN
dem-4213	30	19	of	of	ADP
dem-4213	30	20	parameters	parameter	NOUN
dem-4213	30	21	and	and	CCONJ
dem-4213	30	22	factors	factor	NOUN
dem-4213	30	23	estimation	estimation	NOUN
dem-4213	30	24	in	in	ADP
dem-4213	30	25	a	a	DET
dem-4213	30	26	factor	factor	NOUN
dem-4213	30	27	models	model	NOUN
dem-4213	30	28	is	be	AUX
dem-4213	30	29	the	the	DET
dem-4213	30	30	method	method	NOUN
dem-4213	30	31	of	of	ADP
dem-4213	30	32	principal	principal	ADJ
dem-4213	30	33	components	component	NOUN
dem-4213	30	34	.	.	PUNCT
dem-4213	31	1	let	let	VERB
dem-4213	31	2	us	we	PRON
dem-4213	31	3	emphasise	emphasise	VERB
dem-4213	31	4	that	that	SCONJ
dem-4213	31	5	both	both	PRON
dem-4213	31	6	:	:	PUNCT
dem-4213	31	7	the	the	DET
dem-4213	31	8	factor	factor	NOUN
dem-4213	31	9	matrix	matrix	NOUN
dem-4213	31	10	and	and	CCONJ
dem-4213	31	11	the	the	DET
dem-4213	31	12	coefficient	coefficient	NOUN
dem-4213	31	13	matrix	matrix	NOUN
dem-4213	31	14	are	be	AUX
dem-4213	31	15	unknown	unknown	ADJ
dem-4213	31	16	.	.	PUNCT
dem-4213	32	1	model	model	NOUN
dem-4213	32	2	(	(	PUNCT
dem-4213	32	3	1	1	X
dem-4213	32	4	)	)	PUNCT
dem-4213	32	5	is	be	AUX
dem-4213	32	6	thus	thus	ADV
dem-4213	32	7	equivalent	equivalent	ADJ
dem-4213	32	8	to	to	ADP
dem-4213	32	9	the	the	DET
dem-4213	32	10	model	model	NOUN
dem-4213	32	11	in	in	ADP
dem-4213	32	12	the	the	DET
dem-4213	32	13	matrix	matrix	NOUN
dem-4213	32	14	form	form	NOUN
dem-4213	32	15	of	of	ADP
dem-4213	32	16	,	,	PUNCT
dem-4213	32	17	'	'	NUM
dem-4213	32	18	1	1	NUM
dem-4213	32	19	eλfhhx	eλfhhx	NOUN
dem-4213	33	1	+	+	NOUN
dem-4213	33	2	=	=	X
dem-4213	33	3	−	−	PROPN
dem-4213	33	4	(	(	PUNCT
dem-4213	33	5	3	3	NUM
dem-4213	33	6	)	)	PUNCT
dem-4213	33	7	where	where	SCONJ
dem-4213	33	8	matrix	matrix	NOUN
dem-4213	33	9	h	h	NOUN
dem-4213	33	10	is	be	AUX
dem-4213	33	11	any	any	DET
dem-4213	33	12	non	non	ADJ
dem-4213	33	13	-	-	ADJ
dem-4213	33	14	singular	singular	ADJ
dem-4213	33	15	matrix	matrix	NOUN
dem-4213	33	16	of	of	ADP
dem-4213	33	17	dimension	dimension	NOUN
dem-4213	33	18	rr	rr	PROPN
dem-4213	33	19	×	×	NOUN
dem-4213	33	20	.	.	PUNCT
dem-4213	34	1	it	it	PRON
dem-4213	34	2	is	be	AUX
dem-4213	34	3	necessary	necessary	ADJ
dem-4213	34	4	to	to	PART
dem-4213	34	5	carry	carry	VERB
dem-4213	34	6	out	out	ADP
dem-4213	34	7	the	the	DET
dem-4213	34	8	appropriate	appropriate	ADJ
dem-4213	34	9	normalisation	normalisation	NOUN
dem-4213	34	10	of	of	ADP
dem-4213	34	11	matrix	matrix	NOUN
dem-4213	34	12	h	h	NOUN
dem-4213	34	13	.	.	PUNCT
dem-4213	35	1	stock	stock	PROPN
dem-4213	35	2	&	&	CCONJ
dem-4213	35	3	watson	watson	PROPN
dem-4213	35	4	(	(	PUNCT
dem-4213	35	5	1998	1998	NUM
dem-4213	35	6	)	)	PUNCT
dem-4213	35	7	estimating	estimate	VERB
dem-4213	35	8	and	and	CCONJ
dem-4213	35	9	forecasting	forecast	VERB
dem-4213	35	10	gdp	gdp	NOUN
dem-4213	35	11	in	in	ADP
dem-4213	35	12	poland	poland	PROPN
dem-4213	35	13	…	…	PUNCT
dem-4213	35	14	141	141	NUM
dem-4213	35	15	suggest	suggest	VERB
dem-4213	35	16	that	that	SCONJ
dem-4213	35	17	for	for	ADP
dem-4213	35	18	this	this	DET
dem-4213	35	19	purpose	purpose	NOUN
dem-4213	35	20	condition	condition	NOUN
dem-4213	35	21	in	in	ADP
dem-4213	35	22	the	the	DET
dem-4213	35	23	form	form	NOUN
dem-4213	35	24	of	of	ADP
dem-4213	35	25	riλλ	riλλ	NOUN
dem-4213	35	26	=)	=)	PROPN
dem-4213	35	27	/	/	SYM
dem-4213	35	28	(	(	PUNCT
dem-4213	35	29	'	'	PUNCT
dem-4213	35	30	n	n	PRON
dem-4213	35	31	may	may	AUX
dem-4213	35	32	be	be	AUX
dem-4213	35	33	imposed	impose	VERB
dem-4213	35	34	on	on	ADP
dem-4213	35	35	the	the	DET
dem-4213	35	36	parameters	parameter	NOUN
dem-4213	35	37	of	of	ADP
dem-4213	35	38	model	model	NOUN
dem-4213	35	39	which	which	PRON
dem-4213	35	40	would	would	AUX
dem-4213	35	41	render	render	VERB
dem-4213	35	42	matrix	matrix	NOUN
dem-4213	35	43	h	h	NOUN
dem-4213	35	44	orthonormal	orthonormal	ADJ
dem-4213	35	45	.	.	PUNCT
dem-4213	36	1	the	the	DET
dem-4213	36	2	estimation	estimation	NOUN
dem-4213	36	3	of	of	ADP
dem-4213	36	4	matricies	matricies	PROPN
dem-4213	36	5	f	f	PROPN
dem-4213	36	6	and	and	CCONJ
dem-4213	36	7	λ	λ	NOUN
dem-4213	36	8	using	use	VERB
dem-4213	36	9	the	the	DET
dem-4213	36	10	method	method	NOUN
dem-4213	36	11	of	of	ADP
dem-4213	36	12	principal	principal	ADJ
dem-4213	36	13	component	component	NOUN
dem-4213	36	14	consist	consist	NOUN
dem-4213	36	15	in	in	ADP
dem-4213	36	16	finding	find	VERB
dem-4213	36	17	such	such	ADJ
dem-4213	36	18	estimates	estimate	NOUN
dem-4213	36	19	of	of	ADP
dem-4213	36	20	matrices	matrix	NOUN
dem-4213	36	21	f̂	f̂	PROPN
dem-4213	36	22	and	and	CCONJ
dem-4213	36	23	λ̂	λ̂	NUM
dem-4213	36	24	that	that	PRON
dem-4213	36	25	would	would	AUX
dem-4213	36	26	minimise	minimise	VERB
dem-4213	36	27	the	the	DET
dem-4213	36	28	residual	residual	ADJ
dem-4213	36	29	sum	sum	NOUN
dem-4213	36	30	of	of	ADP
dem-4213	36	31	squares	square	NOUN
dem-4213	36	32	in	in	ADP
dem-4213	36	33	equation	equation	NOUN
dem-4213	36	34	(	(	PUNCT
dem-4213	36	35	3	3	NUM
dem-4213	36	36	)	)	PUNCT
dem-4213	36	37	as	as	SCONJ
dem-4213	36	38	expressed	express	VERB
dem-4213	36	39	with	with	ADP
dem-4213	36	40	the	the	DET
dem-4213	36	41	following	follow	VERB
dem-4213	36	42	formula	formula	NOUN
dem-4213	36	43	.)(1	.)(1	PROPN
dem-4213	36	44	)	)	PUNCT
dem-4213	36	45	(	(	PUNCT
dem-4213	36	46	1	1	NUM
dem-4213	36	47	1	1	NUM
dem-4213	36	48	2'∑∑	2'∑∑	NOUN
dem-4213	36	49	=	=	SYM
dem-4213	36	50	=	=	SYM
dem-4213	36	51	−=	−=	NOUN
dem-4213	36	52	n	n	INTJ
dem-4213	37	1	i	i	PRON
dem-4213	37	2	t	t	PROPN
dem-4213	37	3	t	t	PROPN
dem-4213	37	4	itx	itx	PROPN
dem-4213	37	5	nt	not	PART
dem-4213	37	6	v	v	NOUN
dem-4213	37	7	ti	ti	X
dem-4213	37	8	fλλf	fλλf	VERB
dem-4213	37	9	,	,	PUNCT
dem-4213	37	10	(	(	PUNCT
dem-4213	37	11	4	4	X
dem-4213	37	12	)	)	PUNCT
dem-4213	37	13	it	it	PRON
dem-4213	37	14	is	be	AUX
dem-4213	37	15	necessary	necessary	ADJ
dem-4213	37	16	,	,	PUNCT
dem-4213	37	17	in	in	ADP
dem-4213	37	18	the	the	DET
dem-4213	37	19	first	first	ADJ
dem-4213	37	20	step	step	NOUN
dem-4213	37	21	,	,	PUNCT
dem-4213	37	22	to	to	PART
dem-4213	37	23	perform	perform	VERB
dem-4213	37	24	a	a	DET
dem-4213	37	25	minimisation	minimisation	NOUN
dem-4213	37	26	of	of	ADP
dem-4213	37	27	function	function	NOUN
dem-4213	37	28	(	(	PUNCT
dem-4213	37	29	4	4	NUM
dem-4213	37	30	)	)	PUNCT
dem-4213	37	31	in	in	ADP
dem-4213	37	32	respect	respect	NOUN
dem-4213	37	33	to	to	ADP
dem-4213	37	34	factor	factor	NOUN
dem-4213	37	35	matrix	matrix	NOUN
dem-4213	37	36	f	f	PROPN
dem-4213	37	37	with	with	ADP
dem-4213	37	38	the	the	DET
dem-4213	37	39	assumption	assumption	NOUN
dem-4213	37	40	that	that	SCONJ
dem-4213	37	41	matrix	matrix	NOUN
dem-4213	37	42	λ	λ	NOUN
dem-4213	37	43	is	be	AUX
dem-4213	37	44	known	know	VERB
dem-4213	37	45	and	and	CCONJ
dem-4213	37	46	fixed	fix	VERB
dem-4213	37	47	.	.	PUNCT
dem-4213	38	1	then	then	ADV
dem-4213	38	2	we	we	PRON
dem-4213	38	3	obtain	obtain	VERB
dem-4213	38	4	estimate	estimate	NOUN
dem-4213	38	5	f̂	f̂	PROPN
dem-4213	38	6	,	,	PUNCT
dem-4213	38	7	as	as	ADP
dem-4213	38	8	function	function	NOUN
dem-4213	38	9	λ	λ	PROPN
dem-4213	38	10	,	,	PUNCT
dem-4213	38	11	which	which	PRON
dem-4213	38	12	is	be	AUX
dem-4213	38	13	subsequently	subsequently	ADV
dem-4213	38	14	substituted	substitute	VERB
dem-4213	38	15	in	in	ADP
dem-4213	38	16	equation	equation	NOUN
dem-4213	38	17	(	(	PUNCT
dem-4213	38	18	4	4	NUM
dem-4213	38	19	)	)	PUNCT
dem-4213	38	20	for	for	ADP
dem-4213	38	21	the	the	DET
dem-4213	38	22	true	true	ADJ
dem-4213	38	23	value	value	NOUN
dem-4213	38	24	of	of	ADP
dem-4213	38	25	f.	f.	PROPN
dem-4213	38	26	in	in	ADP
dem-4213	38	27	the	the	DET
dem-4213	38	28	second	second	ADJ
dem-4213	38	29	step	step	NOUN
dem-4213	38	30	,	,	PUNCT
dem-4213	38	31	we	we	PRON
dem-4213	38	32	minimise	minimise	AUX
dem-4213	38	33	function	function	NOUN
dem-4213	38	34	(	(	PUNCT
dem-4213	38	35	4	4	NUM
dem-4213	38	36	)	)	PUNCT
dem-4213	38	37	in	in	ADP
dem-4213	38	38	respect	respect	NOUN
dem-4213	38	39	to	to	PART
dem-4213	38	40	matrix	matrix	VERB
dem-4213	38	41	λ	λ	PROPN
dem-4213	38	42	with	with	ADP
dem-4213	38	43	a	a	DET
dem-4213	38	44	normalisation	normalisation	NOUN
dem-4213	38	45	condition	condition	NOUN
dem-4213	38	46	,	,	PUNCT
dem-4213	38	47	)	)	PUNCT
dem-4213	38	48	/	/	SYM
dem-4213	38	49	(	(	PUNCT
dem-4213	38	50	'	'	PUNCT
dem-4213	38	51	riλλ	riλλ	NOUN
dem-4213	38	52	=	=	SYM
dem-4213	38	53	n	n	PRON
dem-4213	38	54	thus	thus	ADV
dem-4213	38	55	directly	directly	ADV
dem-4213	38	56	obtaining	obtain	VERB
dem-4213	38	57	estimate	estimate	NOUN
dem-4213	38	58	.λ̂	.λ̂	PUNCT
dem-4213	39	1	it	it	PRON
dem-4213	39	2	should	should	AUX
dem-4213	39	3	be	be	AUX
dem-4213	39	4	emphasised	emphasise	VERB
dem-4213	39	5	that	that	SCONJ
dem-4213	39	6	it	it	PRON
dem-4213	39	7	is	be	AUX
dem-4213	39	8	equivalent	equivalent	ADJ
dem-4213	39	9	to	to	ADP
dem-4213	39	10	maximisation	maximisation	NOUN
dem-4213	39	11	of	of	ADP
dem-4213	39	12	expression	expression	NOUN
dem-4213	39	13	]	]	X
dem-4213	39	14	.	.	PUNCT
dem-4213	39	15	)	)	PUNCT
dem-4213	40	1	(	(	PUNCT
dem-4213	40	2	[	[	PUNCT
dem-4213	40	3	''	''	PUNCT
dem-4213	40	4	λxxλtr	λxxλtr	NOUN
dem-4213	40	5	matrix	matrix	NOUN
dem-4213	40	6	λ̂	λ̂	X
dem-4213	40	7	is	be	AUX
dem-4213	40	8	a	a	DET
dem-4213	40	9	matrix	matrix	NOUN
dem-4213	40	10	whose	whose	DET
dem-4213	40	11	subsequent	subsequent	ADJ
dem-4213	40	12	columns	column	NOUN
dem-4213	40	13	are	be	AUX
dem-4213	40	14	eigenvectors	eigenvector	NOUN
dem-4213	40	15	of	of	ADP
dem-4213	40	16	matrix	matrix	NOUN
dem-4213	40	17	xx	xx	X
dem-4213	40	18	'	'	PUNCT
dem-4213	40	19	multiplied	multiply	VERB
dem-4213	40	20	by	by	ADP
dem-4213	40	21	n	n	X
dem-4213	40	22	corresponding	correspond	VERB
dem-4213	40	23	to	to	ADP
dem-4213	40	24	highest	high	ADJ
dem-4213	40	25	eigenvalues	eigenvalue	NOUN
dem-4213	40	26	of	of	ADP
dem-4213	40	27	the	the	DET
dem-4213	40	28	same	same	ADJ
dem-4213	40	29	matrix	matrix	NOUN
dem-4213	40	30	.	.	PUNCT
dem-4213	41	1	in	in	ADP
dem-4213	41	2	turn	turn	NOUN
dem-4213	41	3	,	,	PUNCT
dem-4213	41	4	the	the	DET
dem-4213	41	5	estimate	estimate	NOUN
dem-4213	41	6	of	of	ADP
dem-4213	41	7	matrix	matrix	NOUN
dem-4213	41	8	f	f	X
dem-4213	41	9	is	be	AUX
dem-4213	41	10	expressed	express	VERB
dem-4213	41	11	by	by	ADP
dem-4213	41	12	the	the	DET
dem-4213	41	13	formula	formula	NOUN
dem-4213	41	14	./)ˆ(ˆ	./)ˆ(ˆ	PUNCT
dem-4213	42	1	nλxf	nλxf	NOUN
dem-4213	42	2	=	=	SYM
dem-4213	42	3	(	(	PUNCT
dem-4213	42	4	5	5	NUM
dem-4213	42	5	)	)	PUNCT
dem-4213	42	6	stock	stock	NOUN
dem-4213	42	7	&	&	CCONJ
dem-4213	42	8	watson	watson	PROPN
dem-4213	42	9	(	(	PUNCT
dem-4213	42	10	1998	1998	NUM
dem-4213	42	11	)	)	PUNCT
dem-4213	42	12	emphasise	emphasise	VERB
dem-4213	42	13	that	that	SCONJ
dem-4213	42	14	if	if	SCONJ
dem-4213	42	15	the	the	DET
dem-4213	42	16	number	number	NOUN
dem-4213	42	17	of	of	ADP
dem-4213	42	18	variables	variable	NOUN
dem-4213	42	19	is	be	AUX
dem-4213	42	20	higher	high	ADJ
dem-4213	42	21	than	than	ADP
dem-4213	42	22	the	the	DET
dem-4213	42	23	number	number	NOUN
dem-4213	42	24	of	of	ADP
dem-4213	42	25	observations	observation	NOUN
dem-4213	42	26	,	,	PUNCT
dem-4213	42	27	i.	i.	PROPN
dem-4213	42	28	e.	e.	PROPN
dem-4213	42	29	n	n	PROPN
dem-4213	42	30	>	>	X
dem-4213	42	31	t	t	PROPN
dem-4213	42	32	,	,	PUNCT
dem-4213	42	33	then	then	ADV
dem-4213	42	34	from	from	ADP
dem-4213	42	35	the	the	DET
dem-4213	42	36	computational	computational	ADJ
dem-4213	42	37	point	point	NOUN
dem-4213	42	38	of	of	ADP
dem-4213	42	39	view	view	NOUN
dem-4213	42	40	it	it	PRON
dem-4213	42	41	is	be	AUX
dem-4213	42	42	easier	easy	ADJ
dem-4213	42	43	to	to	PART
dem-4213	42	44	apply	apply	VERB
dem-4213	42	45	a	a	DET
dem-4213	42	46	procedure	procedure	NOUN
dem-4213	42	47	which	which	PRON
dem-4213	42	48	determine	determine	VERB
dem-4213	42	49	estimate	estimate	NOUN
dem-4213	42	50	f~	f~	NOUN
dem-4213	42	51	by	by	ADP
dem-4213	42	52	minimizing	minimize	VERB
dem-4213	42	53	concentrated	concentrated	ADJ
dem-4213	42	54	function	function	NOUN
dem-4213	42	55	(	(	PUNCT
dem-4213	42	56	4	4	NUM
dem-4213	42	57	)	)	PUNCT
dem-4213	42	58	in	in	ADP
dem-4213	42	59	respect	respect	NOUN
dem-4213	42	60	to	to	PART
dem-4213	42	61	matrix	matrix	VERB
dem-4213	42	62	f	f	PROPN
dem-4213	42	63	with	with	ADP
dem-4213	42	64	the	the	DET
dem-4213	42	65	condition	condition	NOUN
dem-4213	42	66	./	./	NOUN
dem-4213	42	67	'	'	PUNCT
dem-4213	42	68	riff	riff	NOUN
dem-4213	42	69	=	=	SYM
dem-4213	42	70	t	t	NOUN
dem-4213	42	71	matrix	matrix	NOUN
dem-4213	42	72	f~	f~	NOUN
dem-4213	42	73	will	will	AUX
dem-4213	42	74	then	then	ADV
dem-4213	42	75	contain	contain	VERB
dem-4213	42	76	eigenvectors	eigenvector	NOUN
dem-4213	42	77	of	of	ADP
dem-4213	42	78	matrix	matrix	NOUN
dem-4213	42	79	xx	xx	NUM
dem-4213	42	80	'	'	PUNCT
dem-4213	42	81	corresponding	correspond	VERB
dem-4213	42	82	to	to	ADP
dem-4213	42	83	r	r	NOUN
dem-4213	42	84	highest	high	ADJ
dem-4213	42	85	eigenvalues	eigenvalue	NOUN
dem-4213	42	86	of	of	ADP
dem-4213	42	87	this	this	DET
dem-4213	42	88	matrix	matrix	NOUN
dem-4213	42	89	and	and	CCONJ
dem-4213	42	90	multiplied	multiply	VERB
dem-4213	42	91	by	by	ADP
dem-4213	42	92	t	t	PROPN
dem-4213	42	93	.	.	PUNCT
dem-4213	43	1	in	in	ADP
dem-4213	43	2	turn	turn	NOUN
dem-4213	43	3	,	,	PUNCT
dem-4213	43	4	the	the	DET
dem-4213	43	5	estimate	estimate	NOUN
dem-4213	43	6	of	of	ADP
dem-4213	43	7	matrix	matrix	NOUN
dem-4213	43	8	λ~	λ~	X
dem-4213	43	9	will	will	AUX
dem-4213	43	10	assume	assume	VERB
dem-4213	43	11	the	the	DET
dem-4213	43	12	following	follow	VERB
dem-4213	43	13	form	form	NOUN
dem-4213	43	14	./)~(~	./)~(~	PUNCT
dem-4213	43	15	''	''	PUNCT
dem-4213	44	1	txfλ	txfλ	NOUN
dem-4213	44	2	=	=	SYM
dem-4213	44	3	(	(	PUNCT
dem-4213	44	4	6	6	NUM
dem-4213	44	5	)	)	PUNCT
dem-4213	44	6	in	in	ADP
dem-4213	44	7	practice	practice	NOUN
dem-4213	44	8	,	,	PUNCT
dem-4213	44	9	the	the	DET
dem-4213	44	10	number	number	NOUN
dem-4213	44	11	of	of	ADP
dem-4213	44	12	factors	factor	NOUN
dem-4213	44	13	necessary	necessary	ADJ
dem-4213	44	14	to	to	PART
dem-4213	44	15	represent	represent	VERB
dem-4213	44	16	the	the	DET
dem-4213	44	17	correlation	correlation	NOUN
dem-4213	44	18	among	among	ADP
dem-4213	44	19	the	the	DET
dem-4213	44	20	variables	variable	NOUN
dem-4213	44	21	is	be	AUX
dem-4213	44	22	usually	usually	ADV
dem-4213	44	23	unknown	unknown	ADJ
dem-4213	44	24	.	.	PUNCT
dem-4213	45	1	to	to	PART
dem-4213	45	2	determine	determine	VERB
dem-4213	45	3	the	the	DET
dem-4213	45	4	number	number	NOUN
dem-4213	45	5	of	of	ADP
dem-4213	45	6	factors	factor	NOUN
dem-4213	45	7	empirically	empirically	ADV
dem-4213	45	8	a	a	DET
dem-4213	45	9	number	number	NOUN
dem-4213	45	10	of	of	ADP
dem-4213	45	11	criteria	criterion	NOUN
dem-4213	45	12	were	be	AUX
dem-4213	45	13	suggested	suggest	VERB
dem-4213	45	14	.	.	PUNCT
dem-4213	46	1	bai	bai	PROPN
dem-4213	46	2	and	and	CCONJ
dem-4213	46	3	ng	ng	PROPN
dem-4213	46	4	(	(	PUNCT
dem-4213	46	5	2002	2002	NUM
dem-4213	46	6	)	)	PUNCT
dem-4213	46	7	have	have	AUX
dem-4213	46	8	suggested	suggest	VERB
dem-4213	46	9	information	information	NOUN
dem-4213	46	10	criteria	criterion	NOUN
dem-4213	46	11	to	to	PART
dem-4213	46	12	be	be	AUX
dem-4213	46	13	used	use	VERB
dem-4213	46	14	to	to	PART
dem-4213	46	15	estimate	estimate	VERB
dem-4213	46	16	the	the	DET
dem-4213	46	17	number	number	NOUN
dem-4213	46	18	of	of	ADP
dem-4213	46	19	factors	factor	NOUN
dem-4213	46	20	.	.	PUNCT
dem-4213	47	1	,	,	PUNCT
dem-4213	47	2	ln))(ln()(1	ln))(ln()(1	ADP
dem-4213	47	3	⎟⎟	⎟⎟	ADJ
dem-4213	47	4	⎠	⎠	NOUN
dem-4213	47	5	⎞	⎞	PROPN
dem-4213	47	6	⎜⎜	⎜⎜	NOUN
dem-4213	47	7	⎝	⎝	PUNCT
dem-4213	47	8	⎛	⎛	X
dem-4213	47	9	⎟	⎟	PRON
dem-4213	47	10	⎠	⎠	X
dem-4213	47	11	⎞	⎞	VERB
dem-4213	47	12	⎜	⎜	PROPN
dem-4213	47	13	⎝	⎝	X
dem-4213	47	14	⎛	⎛	NOUN
dem-4213	48	1	+	+	CCONJ
dem-4213	48	2	⎟	⎟	X
dem-4213	48	3	⎠	⎠	X
dem-4213	48	4	⎞	⎞	VERB
dem-4213	48	5	⎜	⎜	PROPN
dem-4213	48	6	⎝	⎝	X
dem-4213	48	7	⎛	⎛	NOUN
dem-4213	49	1	+	+	PUNCT
dem-4213	49	2	+	+	ADJ
dem-4213	49	3	=	=	SYM
dem-4213	49	4	tn	tn	PROPN
dem-4213	49	5	nt	not	PART
dem-4213	49	6	nt	not	PART
dem-4213	49	7	tnkkvkic	tnkkvkic	NOUN
dem-4213	49	8	)	)	PUNCT
dem-4213	49	9	(	(	PUNCT
dem-4213	49	10	7	7	X
dem-4213	49	11	)	)	PUNCT
dem-4213	49	12	jarosław	jarosław	PROPN
dem-4213	49	13	krajewski	krajewski	PROPN
dem-4213	49	14	142	142	NUM
dem-4213	49	15	,	,	PUNCT
dem-4213	49	16	ln))(ln	ln))(ln	PROPN
dem-4213	49	17	(	(	PUNCT
dem-4213	49	18	)	)	PUNCT
dem-4213	49	19	(	(	PUNCT
dem-4213	49	20	2	2	NUM
dem-4213	49	21	2	2	NUM
dem-4213	49	22	⎟⎟	⎟⎟	NOUN
dem-4213	49	23	⎠	⎠	NOUN
dem-4213	49	24	⎞	⎞	NOUN
dem-4213	49	25	⎜⎜	⎜⎜	NOUN
dem-4213	49	26	⎝	⎝	PUNCT
dem-4213	49	27	⎛	⎛	X
dem-4213	49	28	⎟	⎟	PRON
dem-4213	49	29	⎠	⎠	X
dem-4213	49	30	⎞	⎞	VERB
dem-4213	49	31	⎜	⎜	PROPN
dem-4213	49	32	⎝	⎝	X
dem-4213	49	33	⎛	⎛	NOUN
dem-4213	50	1	+	+	PUNCT
dem-4213	50	2	+	+	ADJ
dem-4213	50	3	=	=	ADJ
dem-4213	50	4	ntc	ntc	NOUN
dem-4213	50	5	nt	not	PART
dem-4213	50	6	tnkkvkic	tnkkvkic	NOUN
dem-4213	50	7	)	)	PUNCT
dem-4213	51	1	(	(	PUNCT
dem-4213	51	2	8)	8)	NUM
dem-4213	51	3	,	,	PUNCT
dem-4213	51	4	ln))(ˆln	ln))(ˆln	PROPN
dem-4213	51	5	(	(	PUNCT
dem-4213	51	6	)	)	PUNCT
dem-4213	51	7	(	(	PUNCT
dem-4213	51	8	2	2	NUM
dem-4213	51	9	2	2	NUM
dem-4213	51	10	2	2	NUM
dem-4213	51	11	⎟⎟	⎟⎟	NOUN
dem-4213	51	12	⎠	⎠	NOUN
dem-4213	51	13	⎞	⎞	NOUN
dem-4213	51	14	⎜⎜	⎜⎜	NOUN
dem-4213	51	15	⎝	⎝	PUNCT
dem-4213	51	16	⎛	⎛	NOUN
dem-4213	51	17	+	+	PUNCT
dem-4213	51	18	=	=	SYM
dem-4213	51	19	nt	not	PART
dem-4213	51	20	nt	not	PART
dem-4213	51	21	c	c	PROPN
dem-4213	51	22	ckkvkic	ckkvkic	NOUN
dem-4213	51	23	(	(	PUNCT
dem-4213	51	24	9	9	NUM
dem-4213	51	25	)	)	PUNCT
dem-4213	51	26	where	where	SCONJ
dem-4213	51	27	)	)	PUNCT
dem-4213	51	28	(	(	PUNCT
dem-4213	51	29	ˆ	ˆ	NOUN
dem-4213	51	30	kv	kv	PROPN
dem-4213	51	31	is	be	AUX
dem-4213	51	32	residual	residual	ADJ
dem-4213	51	33	sum	sum	NOUN
dem-4213	51	34	of	of	ADP
dem-4213	51	35	squares	square	NOUN
dem-4213	51	36	from	from	ADP
dem-4213	51	37	k	k	PROPN
dem-4213	51	38	–	–	PUNCT
dem-4213	51	39	factors	factor	NOUN
dem-4213	51	40	model	model	NOUN
dem-4213	51	41	and	and	CCONJ
dem-4213	51	42	{	{	PUNCT
dem-4213	51	43	}	}	PUNCT
dem-4213	51	44	.min	.min	PUNCT
dem-4213	52	1	tncnt	tncnt	NOUN
dem-4213	52	2	=	=	NOUN
dem-4213	52	3	4	4	X
dem-4213	52	4	.	.	X
dem-4213	52	5	description	description	NOUN
dem-4213	52	6	of	of	ADP
dem-4213	52	7	data	datum	NOUN
dem-4213	52	8	and	and	CCONJ
dem-4213	52	9	empirical	empirical	ADJ
dem-4213	52	10	results	result	NOUN
dem-4213	52	11	the	the	DET
dem-4213	52	12	data	datum	NOUN
dem-4213	52	13	used	use	VERB
dem-4213	52	14	in	in	ADP
dem-4213	52	15	the	the	DET
dem-4213	52	16	study	study	NOUN
dem-4213	52	17	are	be	AUX
dem-4213	52	18	macroeconomic	macroeconomic	ADJ
dem-4213	52	19	quarterly	quarterly	ADJ
dem-4213	52	20	data	datum	NOUN
dem-4213	52	21	describing	describe	VERB
dem-4213	52	22	polish	polish	ADJ
dem-4213	52	23	economy	economy	NOUN
dem-4213	52	24	and	and	CCONJ
dem-4213	52	25	encompass	encompass	VERB
dem-4213	52	26	the	the	DET
dem-4213	52	27	period	period	NOUN
dem-4213	52	28	from	from	ADP
dem-4213	52	29	first	first	ADJ
dem-4213	52	30	quarter	quarter	NOUN
dem-4213	52	31	of	of	ADP
dem-4213	52	32	1997	1997	NUM
dem-4213	52	33	to	to	ADP
dem-4213	52	34	third	third	ADJ
dem-4213	52	35	quarter	quarter	NOUN
dem-4213	52	36	of	of	ADP
dem-4213	52	37	2008	2008	NUM
dem-4213	52	38	(	(	PUNCT
dem-4213	52	39	47	47	NUM
dem-4213	52	40	observations	observation	NOUN
dem-4213	52	41	)	)	PUNCT
dem-4213	52	42	.	.	PUNCT
dem-4213	53	1	as	as	SCONJ
dem-4213	53	2	explained	explain	VERB
dem-4213	53	3	variable	variable	NOUN
dem-4213	53	4	we	we	PRON
dem-4213	53	5	used	use	VERB
dem-4213	53	6	polish	polish	PROPN
dem-4213	53	7	gdp	gdp	PROPN
dem-4213	53	8	.	.	PUNCT
dem-4213	54	1	all	all	PRON
dem-4213	54	2	of	of	ADP
dem-4213	54	3	data	datum	NOUN
dem-4213	54	4	were	be	AUX
dem-4213	54	5	taken	take	VERB
dem-4213	54	6	from	from	ADP
dem-4213	54	7	polish	polish	ADJ
dem-4213	54	8	central	central	ADJ
dem-4213	54	9	statistical	statistical	ADJ
dem-4213	54	10	office1	office1	NOUN
dem-4213	54	11	.	.	PUNCT
dem-4213	55	1	before	before	ADP
dem-4213	55	2	embarking	embark	VERB
dem-4213	55	3	on	on	ADP
dem-4213	55	4	the	the	DET
dem-4213	55	5	work	work	NOUN
dem-4213	55	6	on	on	ADP
dem-4213	55	7	factor	factor	NOUN
dem-4213	55	8	model	model	NOUN
dem-4213	55	9	specification	specification	NOUN
dem-4213	55	10	,	,	PUNCT
dem-4213	55	11	the	the	DET
dem-4213	55	12	date	date	NOUN
dem-4213	55	13	had	have	VERB
dem-4213	55	14	to	to	PART
dem-4213	55	15	be	be	AUX
dem-4213	55	16	appropriately	appropriately	ADV
dem-4213	55	17	modified	modify	VERB
dem-4213	55	18	.	.	PUNCT
dem-4213	56	1	in	in	ADP
dem-4213	56	2	the	the	DET
dem-4213	56	3	first	first	ADJ
dem-4213	56	4	step	step	NOUN
dem-4213	56	5	variables	variable	NOUN
dem-4213	56	6	were	be	AUX
dem-4213	56	7	adjusted	adjust	VERB
dem-4213	56	8	for	for	ADP
dem-4213	56	9	the	the	DET
dem-4213	56	10	impact	impact	NOUN
dem-4213	56	11	of	of	ADP
dem-4213	56	12	seasonal	seasonal	ADJ
dem-4213	56	13	fluctuations	fluctuation	NOUN
dem-4213	56	14	.	.	PUNCT
dem-4213	57	1	next	next	ADV
dem-4213	57	2	,	,	PUNCT
dem-4213	57	3	the	the	DET
dem-4213	57	4	series	series	NOUN
dem-4213	57	5	were	be	AUX
dem-4213	57	6	transformed	transform	VERB
dem-4213	57	7	by	by	ADP
dem-4213	57	8	taking	take	VERB
dem-4213	57	9	logarithms	logarithm	NOUN
dem-4213	57	10	and/or	and/or	CCONJ
dem-4213	57	11	differencing	difference	VERB
dem-4213	57	12	so	so	SCONJ
dem-4213	57	13	that	that	SCONJ
dem-4213	57	14	the	the	DET
dem-4213	57	15	transformed	transform	VERB
dem-4213	57	16	series	series	NOUN
dem-4213	57	17	were	be	AUX
dem-4213	57	18	stationary	stationary	ADJ
dem-4213	57	19	(	(	PUNCT
dem-4213	57	20	green	green	ADJ
dem-4213	57	21	,	,	PUNCT
dem-4213	57	22	2003	2003	NUM
dem-4213	57	23	)	)	PUNCT
dem-4213	57	24	.	.	PUNCT
dem-4213	58	1	in	in	ADP
dem-4213	58	2	the	the	DET
dem-4213	58	3	final	final	ADJ
dem-4213	58	4	step	step	NOUN
dem-4213	58	5	,	,	PUNCT
dem-4213	58	6	all	all	DET
dem-4213	58	7	variables	variable	NOUN
dem-4213	58	8	were	be	AUX
dem-4213	58	9	standardized	standardize	VERB
dem-4213	58	10	.	.	PUNCT
dem-4213	59	1	in	in	ADP
dem-4213	59	2	total	total	ADJ
dem-4213	59	3	,	,	PUNCT
dem-4213	59	4	41	41	NUM
dem-4213	59	5	time	time	NOUN
dem-4213	59	6	series	series	NOUN
dem-4213	59	7	were	be	AUX
dem-4213	59	8	considering	consider	VERB
dem-4213	59	9	,	,	PUNCT
dem-4213	59	10	representing	represent	VERB
dem-4213	59	11	of	of	ADP
dem-4213	59	12	following	follow	VERB
dem-4213	59	13	macroeconomic	macroeconomic	ADJ
dem-4213	59	14	categories	category	NOUN
dem-4213	59	15	:	:	PUNCT
dem-4213	59	16	output	output	NOUN
dem-4213	59	17	&	&	CCONJ
dem-4213	59	18	sales	sale	NOUN
dem-4213	59	19	,	,	PUNCT
dem-4213	59	20	construction	construction	NOUN
dem-4213	59	21	,	,	PUNCT
dem-4213	59	22	domestic	domestic	ADJ
dem-4213	59	23	and	and	CCONJ
dem-4213	59	24	foreign	foreign	ADJ
dem-4213	59	25	trade	trade	NOUN
dem-4213	59	26	,	,	PUNCT
dem-4213	59	27	prices	price	NOUN
dem-4213	59	28	and	and	CCONJ
dem-4213	59	29	labour	labour	NOUN
dem-4213	59	30	market	market	NOUN
dem-4213	59	31	,	,	PUNCT
dem-4213	59	32	budgetary	budgetary	ADJ
dem-4213	59	33	and	and	CCONJ
dem-4213	59	34	monetary	monetary	ADJ
dem-4213	59	35	policy	policy	NOUN
dem-4213	59	36	.	.	PUNCT
dem-4213	60	1	after	after	SCONJ
dem-4213	60	2	preliminaries	preliminary	NOUN
dem-4213	60	3	principal	principal	ADJ
dem-4213	60	4	components	component	NOUN
dem-4213	60	5	analysis	analysis	NOUN
dem-4213	60	6	were	be	AUX
dem-4213	60	7	used	use	VERB
dem-4213	60	8	to	to	PART
dem-4213	60	9	estimate	estimate	VERB
dem-4213	60	10	factors	factor	NOUN
dem-4213	60	11	.	.	PUNCT
dem-4213	61	1	next	next	ADJ
dem-4213	61	2	bai	bai	PROPN
dem-4213	61	3	and	and	CCONJ
dem-4213	61	4	ng	ng	PROPN
dem-4213	61	5	informational	informational	ADJ
dem-4213	61	6	criteria	criterion	NOUN
dem-4213	61	7	were	be	AUX
dem-4213	61	8	calculated	calculate	VERB
dem-4213	61	9	to	to	PART
dem-4213	61	10	specify	specify	VERB
dem-4213	61	11	number	number	NOUN
dem-4213	61	12	of	of	ADP
dem-4213	61	13	factors	factor	NOUN
dem-4213	61	14	.	.	PUNCT
dem-4213	62	1	table	table	NOUN
dem-4213	62	2	1	1	NUM
dem-4213	62	3	includes	include	VERB
dem-4213	62	4	eigenvalues	eigenvalue	NOUN
dem-4213	62	5	and	and	CCONJ
dem-4213	62	6	values	value	NOUN
dem-4213	62	7	of	of	ADP
dem-4213	62	8	information	information	NOUN
dem-4213	62	9	criteria	criterion	NOUN
dem-4213	62	10	.	.	PUNCT
dem-4213	63	1	the	the	DET
dem-4213	63	2	first	first	ADJ
dem-4213	63	3	two	two	NUM
dem-4213	63	4	criteria	criterion	NOUN
dem-4213	63	5	reach	reach	VERB
dem-4213	63	6	minimum	minimum	NOUN
dem-4213	63	7	for	for	ADP
dem-4213	63	8	the	the	DET
dem-4213	63	9	number	number	NOUN
dem-4213	63	10	of	of	ADP
dem-4213	63	11	factors	factor	NOUN
dem-4213	63	12	equal	equal	ADJ
dem-4213	63	13	to	to	ADP
dem-4213	63	14	3	3	NUM
dem-4213	63	15	,	,	PUNCT
dem-4213	63	16	while	while	SCONJ
dem-4213	63	17	the	the	DET
dem-4213	63	18	third	third	ADJ
dem-4213	63	19	criteria	criterion	NOUN
dem-4213	63	20	assumes	assume	VERB
dem-4213	63	21	its	its	PRON
dem-4213	63	22	lowest	low	ADJ
dem-4213	63	23	value	value	NOUN
dem-4213	63	24	for	for	ADP
dem-4213	63	25	10	10	NUM
dem-4213	63	26	factors	factor	NOUN
dem-4213	63	27	.	.	PUNCT
dem-4213	64	1	due	due	ADP
dem-4213	64	2	to	to	ADP
dem-4213	64	3	the	the	DET
dem-4213	64	4	fact	fact	NOUN
dem-4213	64	5	that	that	SCONJ
dem-4213	64	6	two	two	NUM
dem-4213	64	7	out	out	ADP
dem-4213	64	8	of	of	ADP
dem-4213	64	9	three	three	NUM
dem-4213	64	10	criteria	criterion	NOUN
dem-4213	64	11	display	display	VERB
dem-4213	64	12	the	the	DET
dem-4213	64	13	same	same	ADJ
dem-4213	64	14	value	value	NOUN
dem-4213	64	15	,	,	PUNCT
dem-4213	64	16	we	we	PRON
dem-4213	64	17	arbitrarily	arbitrarily	ADV
dem-4213	64	18	assume	assume	VERB
dem-4213	64	19	that	that	SCONJ
dem-4213	64	20	the	the	DET
dem-4213	64	21	number	number	NOUN
dem-4213	64	22	of	of	ADP
dem-4213	64	23	factors	factor	NOUN
dem-4213	64	24	in	in	ADP
dem-4213	64	25	the	the	DET
dem-4213	64	26	model	model	NOUN
dem-4213	64	27	is	be	AUX
dem-4213	64	28	3	3	NUM
dem-4213	64	29	.	.	PUNCT
dem-4213	65	1	the	the	DET
dem-4213	65	2	first	first	ADJ
dem-4213	65	3	three	three	NUM
dem-4213	65	4	factors	factor	NOUN
dem-4213	65	5	explain	explain	VERB
dem-4213	65	6	almost	almost	ADV
dem-4213	65	7	82	82	NUM
dem-4213	65	8	%	%	NOUN
dem-4213	65	9	of	of	ADP
dem-4213	65	10	total	total	ADJ
dem-4213	65	11	variance	variance	NOUN
dem-4213	65	12	of	of	ADP
dem-4213	65	13	gdp	gdp	NOUN
dem-4213	65	14	.	.	PUNCT
dem-4213	66	1	some	some	DET
dem-4213	66	2	econometricians	econometrician	NOUN
dem-4213	66	3	maintain	maintain	VERB
dem-4213	66	4	that	that	SCONJ
dem-4213	66	5	factors	factor	NOUN
dem-4213	66	6	estimated	estimate	VERB
dem-4213	66	7	using	use	VERB
dem-4213	66	8	the	the	DET
dem-4213	66	9	principal	principal	ADJ
dem-4213	66	10	component	component	NOUN
dem-4213	66	11	method	method	NOUN
dem-4213	66	12	do	do	AUX
dem-4213	66	13	not	not	PART
dem-4213	66	14	have	have	VERB
dem-4213	66	15	an	an	DET
dem-4213	66	16	economic	economic	ADJ
dem-4213	66	17	interpretation	interpretation	NOUN
dem-4213	66	18	.	.	PUNCT
dem-4213	67	1	however	however	ADV
dem-4213	67	2	,	,	PUNCT
dem-4213	67	3	in	in	ADP
dem-4213	67	4	this	this	DET
dem-4213	67	5	paper	paper	NOUN
dem-4213	67	6	try	try	VERB
dem-4213	67	7	-	-	PUNCT
dem-4213	67	8	out	out	NOUN
dem-4213	67	9	were	be	AUX
dem-4213	67	10	done	do	VERB
dem-4213	67	11	.	.	PUNCT
dem-4213	68	1	for	for	ADP
dem-4213	68	2	this	this	DET
dem-4213	68	3	reason	reason	NOUN
dem-4213	68	4	,	,	PUNCT
dem-4213	68	5	it	it	PRON
dem-4213	68	6	is	be	AUX
dem-4213	68	7	possible	possible	ADJ
dem-4213	68	8	to	to	PART
dem-4213	68	9	carry	carry	VERB
dem-4213	68	10	out	out	ADP
dem-4213	68	11	a	a	DET
dem-4213	68	12	regression	regression	NOUN
dem-4213	68	13	of	of	ADP
dem-4213	68	14	particular	particular	ADJ
dem-4213	68	15	variables	variable	NOUN
dem-4213	68	16	against	against	ADP
dem-4213	68	17	each	each	PRON
dem-4213	68	18	of	of	ADP
dem-4213	68	19	the	the	DET
dem-4213	68	20	estimated	estimate	VERB
dem-4213	68	21	factors	factor	NOUN
dem-4213	68	22	and	and	CCONJ
dem-4213	68	23	check	check	VERB
dem-4213	68	24	which	which	DET
dem-4213	68	25	factor	factor	NOUN
dem-4213	68	26	explains	explain	VERB
dem-4213	68	27	the	the	DET
dem-4213	68	28	behavior	behavior	NOUN
dem-4213	68	29	of	of	ADP
dem-4213	68	30	a	a	DET
dem-4213	68	31	given	give	VERB
dem-4213	68	32	variable	variable	NOUN
dem-4213	68	33	to	to	ADP
dem-4213	68	34	the	the	DET
dem-4213	68	35	greatest	great	ADJ
dem-4213	68	36	extent	extent	NOUN
dem-4213	68	37	.	.	PUNCT
dem-4213	69	1	the	the	DET
dem-4213	69	2	r	r	NOUN
dem-4213	69	3	-	-	PUNCT
dem-4213	69	4	squared	square	VERB
dem-4213	69	5	values	value	NOUN
dem-4213	69	6	on	on	ADP
dem-4213	69	7	the	the	DET
dem-4213	69	8	regression	regression	NOUN
dem-4213	69	9	of	of	ADP
dem-4213	69	10	particular	particular	ADJ
dem-4213	69	11	variables	variable	NOUN
dem-4213	69	12	suggest	suggest	VERB
dem-4213	69	13	that	that	SCONJ
dem-4213	69	14	the	the	DET
dem-4213	69	15	first	first	ADJ
dem-4213	69	16	factor	factor	NOUN
dem-4213	69	17	primarily	primarily	ADV
dem-4213	69	18	affects	affect	VERB
dem-4213	69	19	the	the	DET
dem-4213	69	20	variability	variability	NOUN
dem-4213	69	21	of	of	ADP
dem-4213	69	22	labour	labour	ADJ
dem-4213	69	23	market	market	NOUN
dem-4213	69	24	and	and	CCONJ
dem-4213	69	25	foreign	foreign	ADJ
dem-4213	69	26	trade	trade	NOUN
dem-4213	69	27	.	.	PUNCT
dem-4213	70	1	the	the	DET
dem-4213	70	2	second	second	ADJ
dem-4213	70	3	factor	factor	NOUN
dem-4213	70	4	determines	determine	VERB
dem-4213	70	5	the	the	DET
dem-4213	70	6	prices	price	NOUN
dem-4213	70	7	and	and	CCONJ
dem-4213	70	8	incomes	income	NOUN
dem-4213	70	9	.	.	PUNCT
dem-4213	71	1	the	the	DET
dem-4213	71	2	third	third	ADJ
dem-4213	71	3	factor	factor	NOUN
dem-4213	71	4	to	to	ADP
dem-4213	71	5	the	the	DET
dem-4213	71	6	greatest	great	ADJ
dem-4213	71	7	extent	extent	NOUN
dem-4213	71	8	influences	influence	VERB
dem-4213	71	9	the	the	DET
dem-4213	71	10	values	value	NOUN
dem-4213	71	11	of	of	ADP
dem-4213	71	12	sales	sale	NOUN
dem-4213	71	13	.	.	PUNCT
dem-4213	72	1	1	1	NUM
dem-4213	72	2	www.stat.gov.pl	www.stat.gov.pl	PRON
dem-4213	72	3	estimating	estimate	VERB
dem-4213	72	4	and	and	CCONJ
dem-4213	72	5	forecasting	forecast	VERB
dem-4213	72	6	gdp	gdp	NOUN
dem-4213	72	7	in	in	ADP
dem-4213	72	8	poland	poland	PROPN
dem-4213	72	9	…	…	PUNCT
dem-4213	72	10	143	143	NUM
dem-4213	72	11	the	the	DET
dem-4213	72	12	further	further	ADJ
dem-4213	72	13	stage	stage	NOUN
dem-4213	72	14	of	of	ADP
dem-4213	72	15	study	study	NOUN
dem-4213	72	16	bic	bic	PROPN
dem-4213	72	17	criterion	criterion	NOUN
dem-4213	72	18	was	be	AUX
dem-4213	72	19	used	use	VERB
dem-4213	72	20	to	to	PART
dem-4213	72	21	determine	determine	VERB
dem-4213	72	22	the	the	DET
dem-4213	72	23	number	number	NOUN
dem-4213	72	24	of	of	ADP
dem-4213	72	25	gdp	gdp	NOUN
dem-4213	72	26	and	and	CCONJ
dem-4213	72	27	factors	factor	NOUN
dem-4213	72	28	delays	delay	NOUN
dem-4213	72	29	.	.	PUNCT
dem-4213	73	1	the	the	DET
dem-4213	73	2	bic	bic	PROPN
dem-4213	73	3	criterion	criterion	NOUN
dem-4213	73	4	indicated	indicate	VERB
dem-4213	73	5	model	model	NOUN
dem-4213	73	6	only	only	ADV
dem-4213	73	7	with	with	ADP
dem-4213	73	8	current	current	ADJ
dem-4213	73	9	values	value	NOUN
dem-4213	73	10	of	of	ADP
dem-4213	73	11	the	the	DET
dem-4213	73	12	first	first	ADJ
dem-4213	73	13	three	three	NUM
dem-4213	73	14	factors	factor	NOUN
dem-4213	73	15	.	.	PUNCT
dem-4213	74	1	model	model	NOUN
dem-4213	74	2	estimation	estimation	NOUN
dem-4213	74	3	results	result	NOUN
dem-4213	74	4	are	be	AUX
dem-4213	74	5	presented	present	VERB
dem-4213	74	6	in	in	ADP
dem-4213	74	7	table	table	NOUN
dem-4213	74	8	2	2	NUM
dem-4213	74	9	.	.	PUNCT
dem-4213	75	1	all	all	DET
dem-4213	75	2	coefficients	coefficient	NOUN
dem-4213	75	3	are	be	AUX
dem-4213	75	4	significant	significant	ADJ
dem-4213	75	5	under	under	ADP
dem-4213	75	6	5	5	NUM
dem-4213	75	7	%	%	NOUN
dem-4213	75	8	level	level	NOUN
dem-4213	75	9	.	.	PUNCT
dem-4213	76	1	factor	factor	NOUN
dem-4213	76	2	model	model	NOUN
dem-4213	76	3	of	of	ADP
dem-4213	76	4	gdp	gdp	PROPN
dem-4213	76	5	in	in	ADP
dem-4213	76	6	poland	poland	PROPN
dem-4213	76	7	estimated	estimate	VERB
dem-4213	76	8	in	in	ADP
dem-4213	76	9	this	this	DET
dem-4213	76	10	way	way	NOUN
dem-4213	76	11	has	have	AUX
dem-4213	76	12	r	r	NOUN
dem-4213	76	13	-	-	PUNCT
dem-4213	76	14	squared	square	VERB
dem-4213	76	15	over	over	ADP
dem-4213	76	16	70	70	NUM
dem-4213	76	17	%	%	NOUN
dem-4213	76	18	.	.	PUNCT
dem-4213	77	1	real	real	ADJ
dem-4213	77	2	values	value	NOUN
dem-4213	77	3	of	of	ADP
dem-4213	77	4	gdp	gdp	NOUN
dem-4213	77	5	and	and	CCONJ
dem-4213	77	6	values	value	NOUN
dem-4213	77	7	based	base	VERB
dem-4213	77	8	on	on	ADP
dem-4213	77	9	the	the	DET
dem-4213	77	10	model	model	NOUN
dem-4213	77	11	are	be	AUX
dem-4213	77	12	shown	show	VERB
dem-4213	77	13	on	on	ADP
dem-4213	77	14	the	the	DET
dem-4213	77	15	figure	figure	NOUN
dem-4213	77	16	1	1	NUM
dem-4213	77	17	.	.	PUNCT
dem-4213	77	18	table	table	NOUN
dem-4213	77	19	1	1	NUM
dem-4213	77	20	.	.	PUNCT
dem-4213	77	21	selection	selection	NOUN
dem-4213	77	22	of	of	ADP
dem-4213	77	23	the	the	DET
dem-4213	77	24	number	number	NOUN
dem-4213	77	25	of	of	ADP
dem-4213	77	26	factors	factor	NOUN
dem-4213	77	27	in	in	ADP
dem-4213	77	28	the	the	DET
dem-4213	77	29	model	model	NOUN
dem-4213	77	30	number	number	NOUN
dem-4213	77	31	of	of	ADP
dem-4213	77	32	factors	factor	NOUN
dem-4213	77	33	eigenvalues	eigenvalue	VERB
dem-4213	77	34	contribution	contribution	NOUN
dem-4213	77	35	to	to	PART
dem-4213	77	36	variance	variance	VERB
dem-4213	77	37	cumulative	cumulative	ADJ
dem-4213	77	38	contribution	contribution	NOUN
dem-4213	77	39	to	to	PART
dem-4213	77	40	variance	variance	VERB
dem-4213	77	41	ic1	ic1	VERB
dem-4213	77	42	ic2	ic2	PROPN
dem-4213	77	43	ic3	ic3	PROPN
dem-4213	77	44	1	1	NUM
dem-4213	77	45	76.949	76.949	NUM
dem-4213	77	46	0.721	0.721	NUM
dem-4213	77	47	0.721	0.721	NUM
dem-4213	77	48	-3.694	-3.694	NOUN
dem-4213	77	49	-3.491	-3.491	PUNCT
dem-4213	77	50	-3.833	-3.833	PUNCT
dem-4213	77	51	2	2	NUM
dem-4213	77	52	6.249	6.249	NUM
dem-4213	77	53	0.059	0.059	NUM
dem-4213	77	54	0.779	0.779	NUM
dem-4213	77	55	-3.584	-3.584	PUNCT
dem-4213	77	56	-3.177	-3.177	PUNCT
dem-4213	77	57	-3.861	-3.861	PUNCT
dem-4213	77	58	3	3	NUM
dem-4213	77	59	4.278	4.278	NUM
dem-4213	77	60	0.040	0.040	NUM
dem-4213	77	61	0.819	0.819	NUM
dem-4213	77	62	-4.555	-4.555	NOUN
dem-4213	77	63	-3.945	-3.945	SYM
dem-4213	77	64	-4.971	-4.971	SYM
dem-4213	77	65	4	4	NUM
dem-4213	77	66	2.921	2.921	NUM
dem-4213	77	67	0.027	0.027	NUM
dem-4213	77	68	0.846	0.846	NUM
dem-4213	77	69	-4.490	-4.490	PUNCT
dem-4213	78	1	-3.677	-3.677	DET
dem-4213	78	2	-5.044	-5.044	PUNCT
dem-4213	78	3	5	5	NUM
dem-4213	78	4	2.460	2.460	NUM
dem-4213	78	5	0.023	0.023	NUM
dem-4213	78	6	0.870	0.870	NUM
dem-4213	78	7	-4.467	-4.467	X
dem-4213	78	8	-3.451	-3.451	ADP
dem-4213	78	9	-5.160	-5.160	NUM
dem-4213	78	10	6	6	NUM
dem-4213	78	11	1.976	1.976	NUM
dem-4213	78	12	0.019	0.019	NUM
dem-4213	78	13	0.888	0.888	NUM
dem-4213	78	14	-4.335	-4.335	X
dem-4213	78	15	-3.115	-3.115	PUNCT
dem-4213	78	16	-5.166	-5.166	ADJ
dem-4213	78	17	7	7	NUM
dem-4213	78	18	1.551	1.551	NUM
dem-4213	78	19	0.015	0.015	NUM
dem-4213	78	20	0.903	0.903	NUM
dem-4213	78	21	-4.192	-4.192	NOUN
dem-4213	78	22	-2.769	-2.769	X
dem-4213	78	23	-5.162	-5.162	NOUN
dem-4213	78	24	8	8	NUM
dem-4213	78	25	1.429	1.429	NUM
dem-4213	78	26	0.013	0.013	NUM
dem-4213	78	27	0.916	0.916	NUM
dem-4213	78	28	-4.109	-4.109	ADJ
dem-4213	78	29	-2.482	-2.482	PUNCT
dem-4213	78	30	-5.216	-5.216	X
dem-4213	78	31	9	9	NUM
dem-4213	78	32	1.282	1.282	NUM
dem-4213	78	33	0.012	0.012	NUM
dem-4213	78	34	0.928	0.928	NUM
dem-4213	78	35	-4.246	-4.246	AUX
dem-4213	78	36	-2.417	-2.417	PUNCT
dem-4213	78	37	-5.493	-5.493	PROPN
dem-4213	78	38	10	10	NUM
dem-4213	78	39	1.066	1.066	NUM
dem-4213	78	40	0.010	0.010	NUM
dem-4213	78	41	0.938	0.938	NUM
dem-4213	78	42	-4.126	-4.126	NUM
dem-4213	78	43	-2.093	-2.093	NUM
dem-4213	78	44	-5.511	-5.511	NOUN
dem-4213	78	45	figure	figure	NOUN
dem-4213	78	46	1	1	NUM
dem-4213	78	47	.	.	PUNCT
dem-4213	78	48	actual	actual	ADJ
dem-4213	78	49	and	and	CCONJ
dem-4213	78	50	fitted	fit	VERB
dem-4213	78	51	values	value	NOUN
dem-4213	78	52	of	of	ADP
dem-4213	78	53	gdp	gdp	NOUN
dem-4213	78	54	in	in	ADP
dem-4213	78	55	poland	poland	PROPN
dem-4213	78	56	in	in	ADP
dem-4213	78	57	1997	1997	NUM
dem-4213	78	58	–	–	PUNCT
dem-4213	78	59	2008	2008	NUM
dem-4213	78	60	next	next	ADJ
dem-4213	78	61	stage	stage	NOUN
dem-4213	78	62	of	of	ADP
dem-4213	78	63	analysis	analysis	NOUN
dem-4213	78	64	was	be	AUX
dem-4213	78	65	to	to	PART
dem-4213	78	66	check	check	VERB
dem-4213	78	67	if	if	SCONJ
dem-4213	78	68	lagging	lag	VERB
dem-4213	78	69	some	some	PRON
dem-4213	78	70	of	of	ADP
dem-4213	78	71	variables	variable	NOUN
dem-4213	78	72	will	will	AUX
dem-4213	78	73	influence	influence	VERB
dem-4213	78	74	the	the	DET
dem-4213	78	75	final	final	ADJ
dem-4213	78	76	result	result	NOUN
dem-4213	78	77	of	of	ADP
dem-4213	78	78	estimation	estimation	NOUN
dem-4213	78	79	.	.	PUNCT
dem-4213	79	1	this	this	PRON
dem-4213	79	2	caused	cause	VERB
dem-4213	79	3	increasing	increase	VERB
dem-4213	79	4	the	the	DET
dem-4213	79	5	number	number	NOUN
dem-4213	79	6	of	of	ADP
dem-4213	79	7	factors	factor	NOUN
dem-4213	79	8	to	to	ADP
dem-4213	79	9	four	four	NUM
dem-4213	79	10	.	.	PUNCT
dem-4213	80	1	the	the	DET
dem-4213	80	2	resulting	result	VERB
dem-4213	80	3	model	model	NOUN
dem-4213	80	4	with	with	ADP
dem-4213	80	5	four	four	NUM
dem-4213	80	6	factors	factor	NOUN
dem-4213	80	7	is	be	AUX
dem-4213	80	8	presented	present	VERB
dem-4213	80	9	in	in	ADP
dem-4213	80	10	table	table	NOUN
dem-4213	80	11	3	3	NUM
dem-4213	80	12	.	.	PUNCT
dem-4213	81	1	it	it	PRON
dem-4213	81	2	is	be	AUX
dem-4213	81	3	not	not	PART
dem-4213	81	4	-3	-3	PUNCT
dem-4213	81	5	-2	-2	INTJ
dem-4213	82	1	-1	-1	SYM
dem-4213	82	2	0	0	NUM
dem-4213	83	1	1	1	NUM
dem-4213	83	2	2	2	NUM
dem-4213	83	3	3	3	NUM
dem-4213	83	4	1	1	NUM
dem-4213	83	5	3	3	NUM
dem-4213	83	6	5	5	NUM
dem-4213	83	7	7	7	NUM
dem-4213	83	8	9	9	NUM
dem-4213	83	9	11	11	NUM
dem-4213	83	10	13	13	NUM
dem-4213	83	11	15	15	NUM
dem-4213	83	12	17	17	NUM
dem-4213	83	13	19	19	NUM
dem-4213	83	14	21	21	NUM
dem-4213	83	15	23	23	NUM
dem-4213	83	16	25	25	NUM
dem-4213	83	17	27	27	NUM
dem-4213	83	18	29	29	NUM
dem-4213	83	19	31	31	NUM
dem-4213	83	20	33	33	NUM
dem-4213	83	21	35	35	NUM
dem-4213	83	22	37	37	NUM
dem-4213	83	23	39	39	NUM
dem-4213	83	24	41	41	NUM
dem-4213	83	25	43	43	NUM
dem-4213	83	26	actual	actual	ADJ
dem-4213	83	27	fitted	fit	VERB
dem-4213	83	28	jarosław	jarosław	PROPN
dem-4213	83	29	krajewski	krajewski	PROPN
dem-4213	83	30	144	144	NUM
dem-4213	83	31	hard	hard	ADV
dem-4213	83	32	to	to	PART
dem-4213	83	33	see	see	VERB
dem-4213	83	34	that	that	SCONJ
dem-4213	83	35	in	in	ADP
dem-4213	83	36	four	four	NUM
dem-4213	83	37	factors	factor	NOUN
dem-4213	83	38	model	model	NOUN
dem-4213	83	39	r	r	NOUN
dem-4213	83	40	-	-	PUNCT
dem-4213	83	41	squared	square	VERB
dem-4213	83	42	is	be	AUX
dem-4213	83	43	higher	high	ADJ
dem-4213	83	44	and	and	CCONJ
dem-4213	83	45	true	true	ADJ
dem-4213	83	46	significance	significance	NOUN
dem-4213	83	47	level	level	NOUN
dem-4213	83	48	of	of	ADP
dem-4213	83	49	coefficients	coefficient	NOUN
dem-4213	83	50	is	be	AUX
dem-4213	83	51	lower	low	ADJ
dem-4213	83	52	.	.	PUNCT
dem-4213	84	1	table	table	NOUN
dem-4213	84	2	2	2	NUM
dem-4213	84	3	.	.	PUNCT
dem-4213	84	4	dynamic	dynamic	ADJ
dem-4213	84	5	factor	factor	NOUN
dem-4213	84	6	model	model	NOUN
dem-4213	84	7	of	of	ADP
dem-4213	84	8	gdp	gdp	NOUN
dem-4213	84	9	in	in	ADP
dem-4213	84	10	poland	poland	PROPN
dem-4213	84	11	in	in	ADP
dem-4213	84	12	1997	1997	NUM
dem-4213	84	13	-	-	SYM
dem-4213	84	14	2008	2008	NUM
dem-4213	84	15	dependent	dependent	ADJ
dem-4213	84	16	variable	variable	NOUN
dem-4213	84	17	:	:	PUNCT
dem-4213	84	18	gdp	gdp	NOUN
dem-4213	84	19	coefficient	coefficient	NOUN
dem-4213	84	20	std	std	PROPN
dem-4213	84	21	.	.	PROPN
dem-4213	84	22	error	error	NOUN
dem-4213	84	23	t	t	NOUN
dem-4213	84	24	statistic	statistic	NOUN
dem-4213	84	25	p	p	NOUN
dem-4213	84	26	value	value	NOUN
dem-4213	84	27	f1	f1	NOUN
dem-4213	84	28	-0.0362	-0.0362	PROPN
dem-4213	84	29	0.0095	0.0095	NUM
dem-4213	84	30	-3.7985	-3.7985	NOUN
dem-4213	84	31	0.0005	0.0005	NUM
dem-4213	84	32	f2	f2	PROPN
dem-4213	84	33	0.0683	0.0683	NUM
dem-4213	84	34	0.0335	0.0335	NUM
dem-4213	84	35	2.0404	2.0404	NUM
dem-4213	84	36	0.0478	0.0478	NUM
dem-4213	84	37	f3	f3	PROPN
dem-4213	84	38	0.3707	0.3707	NUM
dem-4213	84	39	0.0405	0.0405	NUM
dem-4213	84	40	9.1610	9.1610	NUM
dem-4213	84	41	0.0000	0.0000	NUM
dem-4213	84	42	r	r	X
dem-4213	84	43	-	-	PUNCT
dem-4213	84	44	squared	square	VERB
dem-4213	84	45	0.7142	0.7142	NUM
dem-4213	84	46	akaike	akaike	ADJ
dem-4213	84	47	criterion	criterion	NOUN
dem-4213	84	48	1.7264	1.7264	NUM
dem-4213	84	49	adjusted	adjust	VERB
dem-4213	84	50	r	r	NOUN
dem-4213	84	51	-	-	PUNCT
dem-4213	84	52	squared	square	VERB
dem-4213	84	53	0.7003	0.7003	NUM
dem-4213	84	54	schwarz	schwarz	NOUN
dem-4213	84	55	criterion	criterion	NOUN
dem-4213	84	56	1.8481	1.8481	NUM
dem-4213	84	57	durbin	durbin	ADJ
dem-4213	84	58	-	-	PUNCT
dem-4213	84	59	watson	watson	PROPN
dem-4213	84	60	2.1454	2.1454	NUM
dem-4213	84	61	hannan	hannan	PROPN
dem-4213	84	62	-	-	PUNCT
dem-4213	84	63	quinn	quinn	NOUN
dem-4213	84	64	criterion	criterion	NOUN
dem-4213	84	65	1.7715	1.7715	NUM
dem-4213	84	66	table	table	NOUN
dem-4213	84	67	3	3	NUM
dem-4213	84	68	.	.	PUNCT
dem-4213	84	69	dynamic	dynamic	ADJ
dem-4213	84	70	factor	factor	NOUN
dem-4213	84	71	model	model	NOUN
dem-4213	84	72	of	of	ADP
dem-4213	84	73	gdp	gdp	NOUN
dem-4213	84	74	in	in	ADP
dem-4213	84	75	poland	poland	PROPN
dem-4213	84	76	in	in	ADP
dem-4213	84	77	1997	1997	NUM
dem-4213	84	78	-	-	SYM
dem-4213	84	79	2008	2008	NUM
dem-4213	84	80	–	–	PUNCT
dem-4213	84	81	after	after	SCONJ
dem-4213	84	82	changes	change	NOUN
dem-4213	84	83	in	in	ADP
dem-4213	84	84	data	datum	NOUN
dem-4213	84	85	set	set	VERB
dem-4213	84	86	dependent	dependent	ADJ
dem-4213	84	87	variable	variable	NOUN
dem-4213	84	88	:	:	PUNCT
dem-4213	84	89	gdp	gdp	NOUN
dem-4213	84	90	coefficient	coefficient	NOUN
dem-4213	84	91	std	std	PROPN
dem-4213	84	92	.	.	PUNCT
dem-4213	84	93	error	error	NOUN
dem-4213	84	94	.	.	PUNCT
dem-4213	85	1	t	t	PROPN
dem-4213	85	2	statistic	statistic	PROPN
dem-4213	85	3	p	p	PROPN
dem-4213	85	4	value	value	NOUN
dem-4213	85	5	f21	f21	NOUN
dem-4213	85	6	0.1722	0.1722	NUM
dem-4213	85	7	0.0273	0.0273	NUM
dem-4213	85	8	6.3160	6.3160	NUM
dem-4213	85	9	0.0000	0.0000	NUM
dem-4213	85	10	f22	f22	NOUN
dem-4213	85	11	0.1686	0.1686	NUM
dem-4213	85	12	0.0329	0.0329	NUM
dem-4213	85	13	5.1320	5.1320	NUM
dem-4213	85	14	0.0000	0.0000	NUM
dem-4213	85	15	f23	f23	PROPN
dem-4213	85	16	-0.2548	-0.2548	PROPN
dem-4213	85	17	0.0361	0.0361	NUM
dem-4213	85	18	-7.0669	-7.0669	NOUN
dem-4213	85	19	0.0000	0.0000	NUM
dem-4213	85	20	f24	f24	NOUN
dem-4213	85	21	0.2241	0.2241	NUM
dem-4213	85	22	0.0400	0.0400	NUM
dem-4213	85	23	5.6090	5.6090	NUM
dem-4213	85	24	0.0000	0.0000	NUM
dem-4213	85	25	r	r	NOUN
dem-4213	85	26	-	-	PUNCT
dem-4213	85	27	squared	square	VERB
dem-4213	85	28	0.7909	0.7909	NUM
dem-4213	85	29	akaike	akaike	ADJ
dem-4213	85	30	criterion	criterion	NOUN
dem-4213	85	31	1.4858	1.4858	NUM
dem-4213	85	32	adjusted	adjust	VERB
dem-4213	85	33	r	r	NOUN
dem-4213	85	34	-	-	PUNCT
dem-4213	85	35	squared	square	VERB
dem-4213	85	36	0.7748	0.7748	NUM
dem-4213	85	37	schwarz	schwarz	NOUN
dem-4213	85	38	criterion	criterion	NOUN
dem-4213	85	39	1.6497	1.6497	NUM
dem-4213	85	40	durbin	durbin	ADJ
dem-4213	85	41	-	-	PUNCT
dem-4213	85	42	watson	watson	NOUN
dem-4213	85	43	2.2511	2.2511	NUM
dem-4213	85	44	hannan	hannan	PROPN
dem-4213	85	45	-	-	PUNCT
dem-4213	85	46	quinn	quinn	NOUN
dem-4213	85	47	criterion	criterion	NOUN
dem-4213	85	48	1.5463	1.5463	NUM
dem-4213	85	49	table	table	NOUN
dem-4213	85	50	4	4	NUM
dem-4213	85	51	.	.	PUNCT
dem-4213	85	52	forecast	forecast	PROPN
dem-4213	85	53	errors	error	NOUN
dem-4213	85	54	mape	mape	PROPN
dem-4213	85	55	rmse	rmse	ADJ
dem-4213	85	56	r	r	NOUN
dem-4213	85	57	-	-	PUNCT
dem-4213	85	58	squared	square	VERB
dem-4213	85	59	ar	ar	PROPN
dem-4213	85	60	90.8002	90.8002	NUM
dem-4213	85	61	0.8116	0.8116	NUM
dem-4213	85	62	0.1246	0.1246	NUM
dem-4213	85	63	dfm	dfm	VERB
dem-4213	85	64	1.7898	1.7898	NUM
dem-4213	85	65	0.0160	0.0160	NUM
dem-4213	85	66	0.7003	0.7003	NUM
dem-4213	85	67	dfm2	dfm2	NOUN
dem-4213	85	68	12.8691	12.8691	NUM
dem-4213	85	69	0.1150	0.1150	NUM
dem-4213	85	70	0.7748	0.7748	NUM
dem-4213	85	71	causal	causal	NOUN
dem-4213	85	72	model	model	NOUN
dem-4213	85	73	4.9267	4.9267	NUM
dem-4213	85	74	0.0440	0.0440	NUM
dem-4213	85	75	0.8694	0.8694	NUM
dem-4213	85	76	in	in	ADP
dem-4213	85	77	the	the	DET
dem-4213	85	78	last	last	ADJ
dem-4213	85	79	stage	stage	NOUN
dem-4213	85	80	of	of	ADP
dem-4213	85	81	our	our	PRON
dem-4213	85	82	study	study	NOUN
dem-4213	85	83	we	we	PRON
dem-4213	85	84	generated	generate	VERB
dem-4213	85	85	forecasts	forecast	NOUN
dem-4213	85	86	and	and	CCONJ
dem-4213	85	87	forecast	forecast	NOUN
dem-4213	85	88	errors	error	NOUN
dem-4213	85	89	.	.	PUNCT
dem-4213	86	1	the	the	DET
dem-4213	86	2	forecasting	forecasting	NOUN
dem-4213	86	3	performance	performance	NOUN
dem-4213	86	4	of	of	ADP
dem-4213	86	5	the	the	DET
dem-4213	86	6	factor	factor	NOUN
dem-4213	86	7	models	model	NOUN
dem-4213	86	8	was	be	AUX
dem-4213	86	9	evaluated	evaluate	VERB
dem-4213	86	10	by	by	ADP
dem-4213	86	11	comparing	compare	VERB
dem-4213	86	12	the	the	DET
dem-4213	86	13	accuracy	accuracy	NOUN
dem-4213	86	14	of	of	ADP
dem-4213	86	15	gdp	gdp	NOUN
dem-4213	86	16	forecasts	forecast	NOUN
dem-4213	86	17	obtained	obtain	VERB
dem-4213	86	18	on	on	ADP
dem-4213	86	19	the	the	DET
dem-4213	86	20	basis	basis	NOUN
dem-4213	86	21	of	of	ADP
dem-4213	86	22	the	the	DET
dem-4213	86	23	factor	factor	NOUN
dem-4213	86	24	models	model	NOUN
dem-4213	86	25	with	with	ADP
dem-4213	86	26	the	the	DET
dem-4213	86	27	accuracy	accuracy	NOUN
dem-4213	86	28	of	of	ADP
dem-4213	86	29	gdp	gdp	NOUN
dem-4213	86	30	forecasts	forecast	NOUN
dem-4213	86	31	derived	derive	VERB
dem-4213	86	32	from	from	ADP
dem-4213	86	33	other	other	ADJ
dem-4213	86	34	competitive	competitive	ADJ
dem-4213	86	35	models	model	NOUN
dem-4213	86	36	.	.	PUNCT
dem-4213	87	1	two	two	NUM
dem-4213	87	2	competitive	competitive	ADJ
dem-4213	87	3	models	model	NOUN
dem-4213	87	4	were	be	AUX
dem-4213	87	5	taken	take	VERB
dem-4213	87	6	into	into	ADP
dem-4213	87	7	consideration	consideration	NOUN
dem-4213	87	8	:	:	PUNCT
dem-4213	87	9	an	an	DET
dem-4213	87	10	univariate	univariate	ADJ
dem-4213	87	11	autoregressive	autoregressive	ADJ
dem-4213	87	12	model	model	NOUN
dem-4213	87	13	and	and	CCONJ
dem-4213	87	14	causal	causal	ADJ
dem-4213	87	15	model	model	NOUN
dem-4213	87	16	with	with	ADP
dem-4213	87	17	two	two	NUM
dem-4213	87	18	variables	variable	NOUN
dem-4213	87	19	.	.	PUNCT
dem-4213	88	1	an	an	DET
dem-4213	88	2	univariate	univariate	ADJ
dem-4213	88	3	autoregressive	autoregressive	ADJ
dem-4213	88	4	model	model	NOUN
dem-4213	88	5	was	be	AUX
dem-4213	88	6	adopted	adopt	VERB
dem-4213	88	7	as	as	ADP
dem-4213	88	8	the	the	DET
dem-4213	88	9	main	main	ADJ
dem-4213	88	10	benchmark	benchmark	NOUN
dem-4213	88	11	model	model	NOUN
dem-4213	88	12	for	for	ADP
dem-4213	88	13	evaluating	evaluate	VERB
dem-4213	88	14	the	the	DET
dem-4213	88	15	forecasting	forecasting	NOUN
dem-4213	88	16	performance	performance	NOUN
dem-4213	88	17	of	of	ADP
dem-4213	88	18	the	the	DET
dem-4213	88	19	factor	factor	NOUN
dem-4213	88	20	models	model	NOUN
dem-4213	88	21	(	(	PUNCT
dem-4213	88	22	see	see	VERB
dem-4213	88	23	marcellino	marcellino	NOUN
dem-4213	88	24	,	,	PUNCT
dem-4213	88	25	stock	stock	NOUN
dem-4213	88	26	,	,	PUNCT
dem-4213	88	27	watson	watson	PROPN
dem-4213	88	28	,	,	PUNCT
dem-4213	88	29	2001	2001	NUM
dem-4213	88	30	)	)	PUNCT
dem-4213	88	31	.	.	PUNCT
dem-4213	89	1	the	the	DET
dem-4213	89	2	bic	bic	PROPN
dem-4213	89	3	criterion	criterion	NOUN
dem-4213	89	4	indicated	indicate	VERB
dem-4213	89	5	model	model	NOUN
dem-4213	89	6	ar(1	ar(1	PROPN
dem-4213	89	7	)	)	PUNCT
dem-4213	89	8	.	.	PUNCT
dem-4213	90	1	the	the	DET
dem-4213	90	2	causal	causal	PROPN
dem-4213	90	3	model	model	NOUN
dem-4213	90	4	included	include	VERB
dem-4213	90	5	industrial	industrial	ADJ
dem-4213	90	6	production	production	NOUN
dem-4213	90	7	sales	sale	NOUN
dem-4213	90	8	and	and	CCONJ
dem-4213	90	9	average	average	ADJ
dem-4213	90	10	employment	employment	NOUN
dem-4213	90	11	as	as	ADP
dem-4213	90	12	explanatory	explanatory	ADJ
dem-4213	90	13	variables	variable	NOUN
dem-4213	90	14	.	.	PUNCT
dem-4213	91	1	forecasting	forecasting	NOUN
dem-4213	91	2	models	model	NOUN
dem-4213	91	3	were	be	AUX
dem-4213	91	4	estimated	estimate	VERB
dem-4213	91	5	on	on	ADP
dem-4213	91	6	a	a	DET
dem-4213	91	7	shorter	short	ADJ
dem-4213	91	8	sample	sample	NOUN
dem-4213	91	9	(	(	PUNCT
dem-4213	91	10	up	up	ADP
dem-4213	91	11	to	to	PART
dem-4213	91	12	4	4	NUM
dem-4213	91	13	quarter	quarter	NOUN
dem-4213	91	14	2007	2007	NUM
dem-4213	91	15	)	)	PUNCT
dem-4213	91	16	.	.	PUNCT
dem-4213	92	1	the	the	DET
dem-4213	92	2	forecast	forecast	NOUN
dem-4213	92	3	was	be	AUX
dem-4213	92	4	estimating	estimate	VERB
dem-4213	92	5	and	and	CCONJ
dem-4213	92	6	forecasting	forecast	VERB
dem-4213	92	7	gdp	gdp	NOUN
dem-4213	92	8	in	in	ADP
dem-4213	92	9	poland	poland	PROPN
dem-4213	92	10	…	…	PUNCT
dem-4213	92	11	145	145	NUM
dem-4213	92	12	produced	produce	VERB
dem-4213	92	13	on	on	ADP
dem-4213	92	14	the	the	DET
dem-4213	92	15	one	one	NUM
dem-4213	92	16	period	period	NOUN
dem-4213	92	17	ahead	ahead	ADV
dem-4213	92	18	.	.	PUNCT
dem-4213	93	1	first	first	ADJ
dem-4213	93	2	factor	factor	NOUN
dem-4213	93	3	model	model	NOUN
dem-4213	93	4	had	have	VERB
dem-4213	93	5	the	the	DET
dem-4213	93	6	best	good	ADJ
dem-4213	93	7	forecast	forecast	NOUN
dem-4213	93	8	accuracy	accuracy	NOUN
dem-4213	93	9	.	.	PUNCT
dem-4213	94	1	table	table	NOUN
dem-4213	94	2	4	4	NUM
dem-4213	94	3	presents	present	NOUN
dem-4213	94	4	results	result	NOUN
dem-4213	94	5	.	.	PUNCT
dem-4213	95	1	5	5	X
dem-4213	95	2	.	.	X
dem-4213	95	3	summary	summary	VERB
dem-4213	95	4	the	the	DET
dem-4213	95	5	principal	principal	ADJ
dem-4213	95	6	component	component	NOUN
dem-4213	95	7	analysis	analysis	NOUN
dem-4213	95	8	reduced	reduce	VERB
dem-4213	95	9	the	the	DET
dem-4213	95	10	number	number	NOUN
dem-4213	95	11	of	of	ADP
dem-4213	95	12	explanatory	explanatory	ADJ
dem-4213	95	13	variables	variable	NOUN
dem-4213	95	14	from	from	ADP
dem-4213	95	15	41	41	NUM
dem-4213	95	16	to	to	PART
dem-4213	95	17	3	3	NUM
dem-4213	95	18	factors	factor	NOUN
dem-4213	95	19	.	.	PUNCT
dem-4213	96	1	the	the	DET
dem-4213	96	2	resulting	result	VERB
dem-4213	96	3	dynamic	dynamic	ADJ
dem-4213	96	4	factor	factor	NOUN
dem-4213	96	5	model	model	NOUN
dem-4213	96	6	of	of	ADP
dem-4213	96	7	gdp	gdp	NOUN
dem-4213	96	8	in	in	ADP
dem-4213	96	9	poland	poland	PROPN
dem-4213	96	10	is	be	AUX
dem-4213	96	11	satisfactory	satisfactory	ADJ
dem-4213	96	12	from	from	ADP
dem-4213	96	13	the	the	DET
dem-4213	96	14	statistical	statistical	ADJ
dem-4213	96	15	point	point	NOUN
dem-4213	96	16	of	of	ADP
dem-4213	96	17	view	view	NOUN
dem-4213	96	18	.	.	PUNCT
dem-4213	97	1	changes	change	NOUN
dem-4213	97	2	in	in	ADP
dem-4213	97	3	data	datum	NOUN
dem-4213	97	4	set	set	VERB
dem-4213	97	5	influenced	influence	VERB
dem-4213	97	6	the	the	DET
dem-4213	97	7	final	final	ADJ
dem-4213	97	8	result	result	NOUN
dem-4213	97	9	of	of	ADP
dem-4213	97	10	model	model	NOUN
dem-4213	97	11	estimation	estimation	NOUN
dem-4213	97	12	.	.	PUNCT
dem-4213	98	1	in	in	ADP
dem-4213	98	2	this	this	DET
dem-4213	98	3	study	study	NOUN
dem-4213	98	4	it	it	PRON
dem-4213	98	5	brought	bring	VERB
dem-4213	98	6	out	out	ADP
dem-4213	98	7	increasing	increase	VERB
dem-4213	98	8	number	number	NOUN
dem-4213	98	9	of	of	ADP
dem-4213	98	10	factors	factor	NOUN
dem-4213	98	11	and	and	CCONJ
dem-4213	98	12	improvement	improvement	NOUN
dem-4213	98	13	estimation	estimation	NOUN
dem-4213	98	14	performance	performance	NOUN
dem-4213	98	15	.	.	PUNCT
dem-4213	99	1	unfortunately	unfortunately	ADV
dem-4213	99	2	,	,	PUNCT
dem-4213	99	3	it	it	PRON
dem-4213	99	4	did	do	AUX
dem-4213	99	5	not	not	PART
dem-4213	99	6	improve	improve	VERB
dem-4213	99	7	forecasting	forecasting	NOUN
dem-4213	99	8	performance	performance	NOUN
dem-4213	99	9	.	.	PUNCT
dem-4213	100	1	first	first	ADJ
dem-4213	100	2	dynamic	dynamic	ADJ
dem-4213	100	3	factor	factor	NOUN
dem-4213	100	4	model	model	NOUN
dem-4213	100	5	of	of	ADP
dem-4213	100	6	gdp	gdp	NOUN
dem-4213	100	7	in	in	ADP
dem-4213	100	8	poland	poland	PROPN
dem-4213	100	9	in	in	ADP
dem-4213	100	10	1997	1997	NUM
dem-4213	100	11	–	–	PUNCT
dem-4213	100	12	2008	2008	NUM
dem-4213	100	13	gave	give	VERB
dem-4213	100	14	the	the	DET
dem-4213	100	15	best	good	ADJ
dem-4213	100	16	forecasting	forecasting	NOUN
dem-4213	100	17	performance	performance	NOUN
dem-4213	100	18	in	in	ADP
dem-4213	100	19	comparison	comparison	NOUN
dem-4213	100	20	with	with	ADP
dem-4213	100	21	three	three	NUM
dem-4213	100	22	competitive	competitive	ADJ
dem-4213	100	23	models	model	NOUN
dem-4213	100	24	described	describe	VERB
dem-4213	100	25	above	above	ADV
dem-4213	100	26	.	.	PUNCT
dem-4213	101	1	references	reference	NOUN
dem-4213	101	2	bai	bai	PROPN
dem-4213	101	3	,	,	PUNCT
dem-4213	101	4	j.	j.	PROPN
dem-4213	101	5	,	,	PUNCT
dem-4213	101	6	ng	ng	PROPN
dem-4213	101	7	,	,	PUNCT
dem-4213	101	8	s.	s.	PROPN
dem-4213	101	9	(	(	PUNCT
dem-4213	101	10	2002	2002	NUM
dem-4213	101	11	)	)	PUNCT
dem-4213	101	12	,	,	PUNCT
dem-4213	101	13	determining	determine	VERB
dem-4213	101	14	the	the	DET
dem-4213	101	15	number	number	NOUN
dem-4213	101	16	of	of	ADP
dem-4213	101	17	factors	factor	NOUN
dem-4213	101	18	in	in	ADP
dem-4213	101	19	approximate	approximate	ADJ
dem-4213	101	20	factor	factor	NOUN
dem-4213	101	21	models	model	NOUN
dem-4213	101	22	,	,	PUNCT
dem-4213	101	23	econometrica	econometrica	PROPN
dem-4213	101	24	,	,	PUNCT
dem-4213	101	25	70	70	NUM
dem-4213	101	26	,	,	PUNCT
dem-4213	101	27	191–221	191–221	NUM
dem-4213	101	28	.	.	PUNCT
dem-4213	101	29	geweke	geweke	NOUN
dem-4213	101	30	,	,	PUNCT
dem-4213	101	31	j.	j.	PROPN
dem-4213	101	32	(	(	PUNCT
dem-4213	101	33	1977	1977	NUM
dem-4213	101	34	)	)	PUNCT
dem-4213	101	35	,	,	PUNCT
dem-4213	101	36	the	the	DET
dem-4213	101	37	dynamic	dynamic	ADJ
dem-4213	101	38	factor	factor	NOUN
dem-4213	101	39	analysis	analysis	NOUN
dem-4213	101	40	of	of	ADP
dem-4213	101	41	economic	economic	ADJ
dem-4213	101	42	time	time	NOUN
dem-4213	101	43	series	series	NOUN
dem-4213	101	44	,	,	PUNCT
dem-4213	101	45	[	[	X
dem-4213	101	46	in	in	ADP
dem-4213	101	47	:]	:]	PROPN
dem-4213	101	48	aigner	aigner	PROPN
dem-4213	101	49	d.	d.	PROPN
dem-4213	101	50	j.	j.	PROPN
dem-4213	101	51	,	,	PUNCT
dem-4213	101	52	goldberger	goldberger	PROPN
dem-4213	101	53	a.	a.	NOUN
dem-4213	101	54	s.	s.	PROPN
dem-4213	101	55	(	(	PUNCT
dem-4213	101	56	ed	ed	NOUN
dem-4213	101	57	.	.	PUNCT
dem-4213	101	58	)	)	PUNCT
dem-4213	101	59	,	,	PUNCT
dem-4213	101	60	latent	latent	NOUN
dem-4213	101	61	variables	variable	NOUN
dem-4213	101	62	in	in	ADP
dem-4213	101	63	socio	socio	NOUN
dem-4213	101	64	–	–	PUNCT
dem-4213	101	65	economic	economic	ADJ
dem-4213	101	66	models	model	NOUN
dem-4213	101	67	,	,	PUNCT
dem-4213	101	68	amsterdam	amsterdam	PROPN
dem-4213	101	69	,	,	PUNCT
dem-4213	101	70	north	north	NOUN
dem-4213	101	71	holland	holland	PROPN
dem-4213	101	72	.	.	PUNCT
dem-4213	102	1	greene	greene	PROPN
dem-4213	102	2	,	,	PUNCT
dem-4213	102	3	w.	w.	PROPN
dem-4213	102	4	h.	h.	PROPN
dem-4213	102	5	(	(	PUNCT
dem-4213	102	6	2003	2003	NUM
dem-4213	102	7	)	)	PUNCT
dem-4213	102	8	,	,	PUNCT
dem-4213	102	9	econometric	econometric	ADJ
dem-4213	102	10	analysis	analysis	NOUN
dem-4213	102	11	,	,	PUNCT
dem-4213	102	12	pearson	pearson	PROPN
dem-4213	102	13	education	education	PROPN
dem-4213	102	14	,	,	PUNCT
dem-4213	102	15	new	new	PROPN
dem-4213	102	16	jersey	jersey	PROPN
dem-4213	102	17	.	.	PUNCT
dem-4213	103	1	kotłowski	kotłowski	PROPN
dem-4213	103	2	,	,	PUNCT
dem-4213	103	3	j.	j.	PROPN
dem-4213	103	4	(	(	PUNCT
dem-4213	103	5	2008	2008	NUM
dem-4213	103	6	)	)	PUNCT
dem-4213	103	7	,	,	PUNCT
dem-4213	103	8	forecasting	forecast	VERB
dem-4213	103	9	inflation	inflation	NOUN
dem-4213	103	10	with	with	ADP
dem-4213	103	11	dynamic	dynamic	ADJ
dem-4213	103	12	factor	factor	NOUN
dem-4213	103	13	model	model	NOUN
dem-4213	103	14	–	–	PUNCT
dem-4213	103	15	the	the	DET
dem-4213	103	16	case	case	NOUN
dem-4213	103	17	of	of	ADP
dem-4213	103	18	poland	poland	PROPN
dem-4213	103	19	,	,	PUNCT
dem-4213	103	20	working	working	NOUN
dem-4213	103	21	papers	paper	NOUN
dem-4213	103	22	,	,	PUNCT
dem-4213	103	23	2	2	NUM
dem-4213	103	24	-	-	SYM
dem-4213	103	25	08	08	NUM
dem-4213	103	26	,	,	PUNCT
dem-4213	103	27	sgh	sgh	PROPN
dem-4213	103	28	,	,	PUNCT
dem-4213	103	29	warszawa	warszawa	PROPN
dem-4213	103	30	.	.	PUNCT
dem-4213	104	1	marcellino	marcellino	PROPN
dem-4213	104	2	,	,	PUNCT
dem-4213	104	3	m.	m.	NOUN
dem-4213	104	4	,	,	PUNCT
dem-4213	104	5	stock	stock	NOUN
dem-4213	104	6	,	,	PUNCT
dem-4213	104	7	j.	j.	PROPN
dem-4213	104	8	h.	h.	PROPN
dem-4213	104	9	,	,	PUNCT
dem-4213	104	10	watson	watson	PROPN
dem-4213	104	11	,	,	PUNCT
dem-4213	104	12	m.	m.	NOUN
dem-4213	104	13	w.	w.	PROPN
dem-4213	104	14	(	(	PUNCT
dem-4213	104	15	2001	2001	NUM
dem-4213	104	16	)	)	PUNCT
dem-4213	104	17	,	,	PUNCT
dem-4213	104	18	macroeconomic	macroeconomic	ADJ
dem-4213	104	19	forecasting	forecasting	NOUN
dem-4213	104	20	in	in	ADP
dem-4213	104	21	the	the	DET
dem-4213	104	22	euro	euro	PROPN
dem-4213	104	23	area	area	NOUN
dem-4213	104	24	:	:	PUNCT
dem-4213	104	25	country	country	NOUN
dem-4213	104	26	specific	specific	ADJ
dem-4213	104	27	versus	versus	ADP
dem-4213	104	28	area	area	NOUN
dem-4213	104	29	–	–	PUNCT
dem-4213	104	30	wide	wide	ADJ
dem-4213	104	31	information	information	NOUN
dem-4213	104	32	,	,	PUNCT
dem-4213	104	33	working	working	NOUN
dem-4213	104	34	paper	paper	NOUN
dem-4213	104	35	,	,	PUNCT
dem-4213	104	36	201	201	NUM
dem-4213	104	37	,	,	PUNCT
dem-4213	104	38	innocenzo	innocenzo	NOUN
dem-4213	104	39	gasparini	gasparini	PROPN
dem-4213	104	40	institute	institute	PROPN
dem-4213	104	41	for	for	ADP
dem-4213	104	42	economic	economic	ADJ
dem-4213	104	43	research	research	NOUN
dem-4213	104	44	.	.	PUNCT
dem-4213	105	1	sargent	sargent	PROPN
dem-4213	105	2	,	,	PUNCT
dem-4213	105	3	t.	t.	PROPN
dem-4213	105	4	,	,	PUNCT
dem-4213	105	5	sims	sim	NOUN
dem-4213	105	6	,	,	PUNCT
dem-4213	105	7	c.	c.	PROPN
dem-4213	105	8	(	(	PUNCT
dem-4213	105	9	1977	1977	NUM
dem-4213	105	10	)	)	PUNCT
dem-4213	105	11	,	,	PUNCT
dem-4213	105	12	business	business	NOUN
dem-4213	105	13	cycle	cycle	NOUN
dem-4213	105	14	modelling	modelling	NOUN
dem-4213	105	15	without	without	ADP
dem-4213	105	16	pretending	pretend	VERB
dem-4213	105	17	to	to	PART
dem-4213	105	18	have	have	VERB
dem-4213	105	19	too	too	ADV
dem-4213	105	20	much	much	ADJ
dem-4213	105	21	a	a	PRON
dem-4213	105	22	-	-	PUNCT
dem-4213	105	23	priori	priori	ADJ
dem-4213	105	24	economic	economic	ADJ
dem-4213	105	25	theory	theory	NOUN
dem-4213	105	26	,	,	PUNCT
dem-4213	105	27	in	in	ADP
dem-4213	105	28	sims	sims	PROPN
dem-4213	105	29	c.	c.	PROPN
dem-4213	105	30	(	(	PUNCT
dem-4213	105	31	ed	ed	NOUN
dem-4213	105	32	.	.	PUNCT
dem-4213	105	33	)	)	PUNCT
dem-4213	105	34	,	,	PUNCT
dem-4213	105	35	new	new	ADJ
dem-4213	105	36	methods	method	NOUN
dem-4213	105	37	in	in	ADP
dem-4213	105	38	business	business	NOUN
dem-4213	105	39	cycle	cycle	NOUN
dem-4213	105	40	research	research	NOUN
dem-4213	105	41	,	,	PUNCT
dem-4213	105	42	minneapolis	minneapolis	PROPN
dem-4213	105	43	,	,	PUNCT
dem-4213	105	44	federal	federal	PROPN
dem-4213	105	45	reserve	reserve	PROPN
dem-4213	105	46	bank	bank	PROPN
dem-4213	105	47	of	of	ADP
dem-4213	105	48	minneapolis	minneapolis	PROPN
dem-4213	105	49	.	.	PUNCT
dem-4213	106	1	sims	sim	NOUN
dem-4213	106	2	,	,	PUNCT
dem-4213	106	3	c.	c.	PROPN
dem-4213	106	4	a.	a.	NOUN
dem-4213	106	5	(	(	PUNCT
dem-4213	106	6	1980	1980	NUM
dem-4213	106	7	)	)	PUNCT
dem-4213	106	8	,	,	PUNCT
dem-4213	106	9	macroeconomics	macroeconomic	NOUN
dem-4213	106	10	and	and	CCONJ
dem-4213	106	11	reality	reality	NOUN
dem-4213	106	12	,	,	PUNCT
dem-4213	106	13	econometrica	econometrica	PROPN
dem-4213	106	14	,	,	PUNCT
dem-4213	106	15	48	48	NUM
dem-4213	106	16	,	,	PUNCT
dem-4213	106	17	1–48	1–48	NOUN
dem-4213	106	18	.	.	PUNCT
dem-4213	107	1	stock	stock	PROPN
dem-4213	107	2	j.	j.	PROPN
dem-4213	107	3	,	,	PUNCT
dem-4213	107	4	watson	watson	PROPN
dem-4213	107	5	,	,	PUNCT
dem-4213	107	6	m.	m.	NOUN
dem-4213	107	7	w.	w.	PROPN
dem-4213	107	8	(	(	PUNCT
dem-4213	107	9	1998	1998	NUM
dem-4213	107	10	)	)	PUNCT
dem-4213	107	11	,	,	PUNCT
dem-4213	107	12	diffusion	diffusion	NOUN
dem-4213	107	13	indexes	index	NOUN
dem-4213	107	14	,	,	PUNCT
dem-4213	107	15	working	working	NOUN
dem-4213	107	16	paper	paper	NOUN
dem-4213	107	17	,	,	PUNCT
dem-4213	107	18	6702	6702	NUM
dem-4213	107	19	,	,	PUNCT
dem-4213	107	20	national	national	ADJ
dem-4213	107	21	bureau	bureau	NOUN
dem-4213	107	22	of	of	ADP
dem-4213	107	23	economic	economic	ADJ
dem-4213	107	24	research	research	NOUN
dem-4213	107	25	.	.	PUNCT
dem-4213	108	1	zastosowanie	zastosowanie	PROPN
dem-4213	108	2	dynamicznego	dynamicznego	PROPN
dem-4213	108	3	modelu	modelu	PROPN
dem-4213	108	4	czynnikowego	czynnikowego	PROPN
dem-4213	108	5	do	do	VERB
dem-4213	108	6	modelowania	modelowania	NOUN
dem-4213	109	1	i	i	PRON
dem-4213	109	2	prognozowania	prognozowania	PROPN
dem-4213	109	3	pkb	pkb	PROPN
dem-4213	109	4	w	w	PROPN
dem-4213	109	5	polsce	polsce	PROPN
dem-4213	109	6	z	z	PROPN
dem-4213	109	7	a	a	DET
dem-4213	109	8	r	r	NOUN
dem-4213	109	9	y	y	PROPN
dem-4213	109	10	s	s	PROPN
dem-4213	109	11	t	t	NOUN
dem-4213	109	12	r	r	NOUN
dem-4213	109	13	e	e	PROPN
dem-4213	109	14	ś	ś	PROPN
dem-4213	109	15	c	c	PROPN
dem-4213	109	16	i.	i.	PROPN
dem-4213	109	17	referat	referat	PROPN
dem-4213	109	18	traktuje	traktuje	VERB
dem-4213	110	1	o	o	PROPN
dem-4213	110	2	podstawach	podstawach	NOUN
dem-4213	110	3	konstrukcji	konstrukcji	PROPN
dem-4213	110	4	dynamicznych	dynamicznych	VERB
dem-4213	110	5	modeli	modeli	PROPN
dem-4213	110	6	czynnikowych	czynnikowych	PROPN
dem-4213	110	7	i	i	PROPN
dem-4213	110	8	ich	ich	PROPN
dem-4213	110	9	zastosowaniu	zastosowaniu	PROPN
dem-4213	110	10	empirycznym	empirycznym	PROPN
dem-4213	110	11	.	.	PUNCT
dem-4213	111	1	dfm	dfm	PROPN
dem-4213	111	2	stosuje	stosuje	PROPN
dem-4213	111	3	się	się	PROPN
dem-4213	111	4	do	do	VERB
dem-4213	111	5	prognozowania	prognozowania	NOUN
dem-4213	111	6	,	,	PUNCT
dem-4213	111	7	konstruowania	konstruowania	PROPN
dem-4213	111	8	głównych	głównych	PROPN
dem-4213	111	9	wskaźników	wskaźników	PROPN
dem-4213	111	10	koniunktury	koniunktury	PROPN
dem-4213	111	11	,	,	PUNCT
dem-4213	111	12	analiz	analiz	PROPN
dem-4213	111	13	polityki	polityki	NOUN
dem-4213	111	14	monetarnej	monetarnej	NOUN
dem-4213	112	1	i	i	PRON
dem-4213	112	2	badania	badania	PROPN
dem-4213	112	3	międzynarodowych	międzynarodowych	PROPN
dem-4213	112	4	cykli	cykli	PROPN
dem-4213	112	5	koniunkturalnych	koniunkturalnych	PROPN
dem-4213	112	6	.	.	PUNCT
dem-4213	113	1	w	w	PROPN
dem-4213	113	2	referacie	referacie	PROPN
dem-4213	113	3	oszacowano	oszacowano	PROPN
dem-4213	113	4	dynamiczny	dynamiczny	PROPN
dem-4213	113	5	model	model	NOUN
dem-4213	113	6	czynnikowy	czynnikowy	PROPN
dem-4213	113	7	pkb	pkb	PROPN
dem-4213	113	8	w	w	PROPN
dem-4213	113	9	polsce	polsce	PROPN
dem-4213	113	10	w	w	PROPN
dem-4213	113	11	latach	latach	PROPN
dem-4213	113	12	1997–2008	1997–2008	NUM
dem-4213	113	13	,	,	PUNCT
dem-4213	113	14	a	a	DET
dem-4213	113	15	także	także	NOUN
dem-4213	113	16	oceniono	oceniono	NOUN
dem-4213	113	17	trafność	trafność	PROPN
dem-4213	113	18	uzyskanych	uzyskanych	NOUN
dem-4213	113	19	na	na	ADP
dem-4213	113	20	jego	jego	PROPN
dem-4213	113	21	podstawie	podstawie	PROPN
dem-4213	113	22	prognoz	prognoz	PROPN
dem-4213	113	23	w	w	PROPN
dem-4213	113	24	porównaniu	porównaniu	PROPN
dem-4213	113	25	do	do	VERB
dem-4213	113	26	modelu	modelu	PROPN
dem-4213	113	27	ar	ar	PROPN
dem-4213	113	28	i	i	PROPN
dem-4213	113	29	modelu	modelu	NOUN
dem-4213	113	30	symptomatycznego	symptomatycznego	NOUN
dem-4213	113	31	.	.	PUNCT
dem-4213	114	1	zbiór	zbiór	NOUN
dem-4213	114	2	danych	danych	NOUN
dem-4213	114	3	wykorzystanych	wykorzystanych	NOUN
dem-4213	114	4	do	do	VERB
dem-4213	114	5	badania	badania	PROPN
dem-4213	114	6	zawiera	zawiera	PROPN
dem-4213	114	7	41	41	NUM
dem-4213	114	8	zmiennych	zmiennych	NOUN
dem-4213	114	9	makroekonomicznych	makroekonomicznych	NOUN
dem-4213	114	10	.	.	PUNCT
dem-4213	115	1	najlepszym	najlepszym	PROPN
dem-4213	115	2	ze	ze	PROPN
dem-4213	115	3	statystycznego	statystycznego	PROPN
dem-4213	115	4	punktu	punktu	PROPN
dem-4213	115	5	widzenia	widzenia	PROPN
dem-4213	115	6	okazał	okazał	NOUN
dem-4213	115	7	się	się	PROPN
dem-4213	115	8	model	model	NOUN
dem-4213	115	9	z	z	PROPN
dem-4213	115	10	3	3	NUM
dem-4213	115	11	czynnikami	czynnikami	NOUN
dem-4213	115	12	.	.	PUNCT
dem-4213	116	1	s	s	PART
dem-4213	117	1	ł	ł	PROPN
dem-4213	117	2	o	o	X
dem-4213	117	3	w	w	NOUN
dem-4213	117	4	a	a	DET
dem-4213	117	5	k	k	X
dem-4213	117	6	l	l	NOUN
dem-4213	117	7	u	u	NOUN
dem-4213	118	1	c	c	NOUN
dem-4213	118	2	z	z	NOUN
dem-4213	118	3	o	o	X
dem-4213	118	4	w	w	PROPN
dem-4213	119	1	e	e	NOUN
dem-4213	119	2	:	:	PUNCT
dem-4213	119	3	dynamiczny	dynamiczny	NOUN
dem-4213	119	4	model	model	PROPN
dem-4213	119	5	czynnikowy	czynnikowy	PROPN
dem-4213	119	6	,	,	PUNCT
dem-4213	119	7	metoda	metoda	PROPN
dem-4213	119	8	głównych	głównych	PROPN
dem-4213	119	9	składowych	składowych	NOUN
dem-4213	119	10	,	,	PUNCT
dem-4213	119	11	pkb	pkb	PROPN
dem-4213	119	12	.	.	PUNCT