id	sid	tid	token	lemma	pos
ertr-98	1	1	e	e	X
ertr-98	1	2	-	-	NOUN
ertr-98	1	3	review	review	NOUN
ertr-98	1	4	of	of	ADP
ertr-98	1	5	tourism	tourism	NOUN
ertr-98	1	6	research	research	NOUN
ertr-98	1	7	(	(	PUNCT
ertr-98	1	8	ertr	ertr	NOUN
ertr-98	1	9	)	)	PUNCT
ertr-98	1	10	,	,	PUNCT
ertr-98	1	11	vol	vol	NOUN
ertr-98	1	12	.	.	PUNCT
ertr-98	2	1	14	14	NUM
ertr-98	2	2	issue	issue	NOUN
ertr-98	2	3	3.4	3.4	NUM
ertr-98	2	4	,	,	PUNCT
ertr-98	2	5	2017	2017	NUM
ertr-98	2	6	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	2	7	167	167	NUM
ertr-98	2	8	roberto	roberto	VERB
ertr-98	2	9	gabriele	gabriele	PROPN
ertr-98	2	10	department	department	PROPN
ertr-98	2	11	of	of	ADP
ertr-98	2	12	economics	economic	NOUN
ertr-98	2	13	and	and	CCONJ
ertr-98	2	14	management	management	NOUN
ertr-98	2	15	university	university	PROPN
ertr-98	2	16	of	of	ADP
ertr-98	2	17	trento	trento	PROPN
ertr-98	2	18	enrico	enrico	PROPN
ertr-98	2	19	tundis	tundis	PROPN
ertr-98	2	20	faculty	faculty	NOUN
ertr-98	2	21	of	of	ADP
ertr-98	2	22	economics	economic	NOUN
ertr-98	2	23	and	and	CCONJ
ertr-98	2	24	management	management	NOUN
ertr-98	2	25	free	free	PROPN
ertr-98	2	26	university	university	PROPN
ertr-98	2	27	of	of	ADP
ertr-98	2	28	bolzano	bolzano	PROPN
ertr-98	2	29	enrico	enrico	PROPN
ertr-98	2	30	zaninotto	zaninotto	PROPN
ertr-98	2	31	department	department	PROPN
ertr-98	2	32	of	of	ADP
ertr-98	2	33	economics	economic	NOUN
ertr-98	2	34	and	and	CCONJ
ertr-98	2	35	management	management	NOUN
ertr-98	2	36	university	university	PROPN
ertr-98	2	37	of	of	ADP
ertr-98	2	38	trento	trento	PROPN
ertr-98	2	39	are	be	AUX
ertr-98	2	40	subsidies	subsidy	NOUN
ertr-98	2	41	to	to	ADP
ertr-98	2	42	hotel	hotel	NOUN
ertr-98	2	43	investment	investment	NOUN
ertr-98	2	44	an	an	DET
ertr-98	2	45	effective	effective	ADJ
ertr-98	2	46	tool	tool	NOUN
ertr-98	2	47	to	to	PART
ertr-98	2	48	enhance	enhance	VERB
ertr-98	2	49	regional	regional	ADJ
ertr-98	2	50	tourism	tourism	NOUN
ertr-98	2	51	?	?	PUNCT
ertr-98	3	1	a	a	DET
ertr-98	3	2	firm	firm	ADJ
ertr-98	3	3	level	level	NOUN
ertr-98	3	4	analysis	analysis	NOUN
ertr-98	3	5	this	this	DET
ertr-98	3	6	paper	paper	NOUN
ertr-98	3	7	undertakes	undertake	VERB
ertr-98	3	8	an	an	DET
ertr-98	3	9	ex	ex	ADJ
ertr-98	3	10	-	-	ADJ
ertr-98	3	11	post	post	ADJ
ertr-98	3	12	evaluation	evaluation	NOUN
ertr-98	3	13	of	of	ADP
ertr-98	3	14	the	the	DET
ertr-98	3	15	impact	impact	NOUN
ertr-98	3	16	of	of	ADP
ertr-98	3	17	public	public	ADJ
ertr-98	3	18	subsidies	subsidy	NOUN
ertr-98	3	19	aimed	aim	VERB
ertr-98	3	20	to	to	ADP
ertr-98	3	21	cofinance	cofinance	NOUN
ertr-98	3	22	capital	capital	NOUN
ertr-98	3	23	investments	investment	NOUN
ertr-98	3	24	of	of	ADP
ertr-98	3	25	micro	micro	ADJ
ertr-98	3	26	and	and	CCONJ
ertr-98	3	27	small	small	ADJ
ertr-98	3	28	hotel	hotel	NOUN
ertr-98	3	29	businesses	business	NOUN
ertr-98	3	30	in	in	ADP
ertr-98	3	31	the	the	DET
ertr-98	3	32	province	province	NOUN
ertr-98	3	33	of	of	ADP
ertr-98	3	34	trento	trento	PROPN
ertr-98	3	35	(	(	PUNCT
ertr-98	3	36	italy	italy	PROPN
ertr-98	3	37	)	)	PUNCT
ertr-98	3	38	within	within	ADP
ertr-98	3	39	the	the	DET
ertr-98	3	40	provincial	provincial	ADJ
ertr-98	3	41	law	law	NOUN
ertr-98	3	42	6/99	6/99	NUM
ertr-98	3	43	in	in	ADP
ertr-98	3	44	the	the	DET
ertr-98	3	45	period	period	NOUN
ertr-98	3	46	2002–2006	2002–2006	NUM
ertr-98	3	47	.	.	PUNCT
ertr-98	4	1	we	we	PRON
ertr-98	4	2	considered	consider	VERB
ertr-98	4	3	two	two	NUM
ertr-98	4	4	performance	performance	NOUN
ertr-98	4	5	indicators	indicator	NOUN
ertr-98	4	6	:	:	PUNCT
ertr-98	4	7	the	the	DET
ertr-98	4	8	occupancy	occupancy	NOUN
ertr-98	4	9	rate	rate	NOUN
ertr-98	4	10	and	and	CCONJ
ertr-98	4	11	the	the	DET
ertr-98	4	12	revenues	revenue	NOUN
ertr-98	4	13	per	per	ADP
ertr-98	4	14	room	room	NOUN
ertr-98	4	15	.	.	PUNCT
ertr-98	5	1	we	we	PRON
ertr-98	5	2	used	use	VERB
ertr-98	5	3	a	a	DET
ertr-98	5	4	matching	match	VERB
ertr-98	5	5	approach	approach	NOUN
ertr-98	5	6	to	to	PART
ertr-98	5	7	quantitatively	quantitatively	ADV
ertr-98	5	8	assess	assess	VERB
ertr-98	5	9	the	the	DET
ertr-98	5	10	impacts	impact	NOUN
ertr-98	5	11	of	of	ADP
ertr-98	5	12	subsidies	subsidy	NOUN
ertr-98	5	13	.	.	PUNCT
ertr-98	6	1	our	our	PRON
ertr-98	6	2	results	result	NOUN
ertr-98	6	3	show	show	VERB
ertr-98	6	4	that	that	SCONJ
ertr-98	6	5	public	public	ADJ
ertr-98	6	6	subsidies	subsidy	NOUN
ertr-98	6	7	have	have	VERB
ertr-98	6	8	a	a	DET
ertr-98	6	9	positive	positive	ADJ
ertr-98	6	10	effect	effect	NOUN
ertr-98	6	11	on	on	ADP
ertr-98	6	12	revenues	revenue	NOUN
ertr-98	6	13	and	and	CCONJ
ertr-98	6	14	occupation	occupation	NOUN
ertr-98	6	15	rates	rate	NOUN
ertr-98	6	16	of	of	ADP
ertr-98	6	17	hotels	hotel	NOUN
ertr-98	6	18	.	.	PUNCT
ertr-98	7	1	keywords	keyword	NOUN
ertr-98	7	2	:	:	PUNCT
ertr-98	7	3	hotel	hotel	NOUN
ertr-98	7	4	industry	industry	NOUN
ertr-98	7	5	,	,	PUNCT
ertr-98	7	6	public	public	ADJ
ertr-98	7	7	subsidies	subsidy	NOUN
ertr-98	7	8	,	,	PUNCT
ertr-98	7	9	regional	regional	ADJ
ertr-98	7	10	policy	policy	NOUN
ertr-98	7	11	,	,	PUNCT
ertr-98	7	12	counterfactual	counterfactual	ADJ
ertr-98	7	13	models	model	NOUN
ertr-98	7	14	roberto	roberto	VERB
ertr-98	7	15	gabriele	gabriele	PROPN
ertr-98	7	16	department	department	PROPN
ertr-98	7	17	of	of	ADP
ertr-98	7	18	economics	economic	NOUN
ertr-98	7	19	and	and	CCONJ
ertr-98	7	20	management	management	NOUN
ertr-98	7	21	university	university	PROPN
ertr-98	7	22	of	of	ADP
ertr-98	7	23	trento	trento	PROPN
ertr-98	7	24	via	via	ADP
ertr-98	7	25	inama	inama	NOUN
ertr-98	7	26	,	,	PUNCT
ertr-98	7	27	5	5	NUM
ertr-98	7	28	38122	38122	NUM
ertr-98	7	29	trento	trento	NOUN
ertr-98	7	30	,	,	PUNCT
ertr-98	7	31	italy	italy	PROPN
ertr-98	7	32	phone	phone	PROPN
ertr-98	7	33	:	:	PUNCT
ertr-98	7	34	+390461282109	+390461282109	NUM
ertr-98	7	35	fax	fax	PROPN
ertr-98	7	36	:	:	PUNCT
ertr-98	7	37	+390461282124	+390461282124	NOUN
ertr-98	7	38	e	e	NOUN
ertr-98	7	39	-	-	NOUN
ertr-98	7	40	mail	mail	NOUN
ertr-98	7	41	:	:	PUNCT
ertr-98	7	42	roberto.gabriele@unitn.it	roberto.gabriele@unitn.it	PROPN
ertr-98	7	43	roberto	roberto	PROPN
ertr-98	7	44	gabriele	gabriele	PROPN
ertr-98	7	45	is	be	AUX
ertr-98	7	46	associate	associate	ADJ
ertr-98	7	47	professor	professor	NOUN
ertr-98	7	48	of	of	ADP
ertr-98	7	49	applied	applied	ADJ
ertr-98	7	50	economics	economic	NOUN
ertr-98	7	51	at	at	ADP
ertr-98	7	52	university	university	PROPN
ertr-98	7	53	of	of	ADP
ertr-98	7	54	trento	trento	PROPN
ertr-98	7	55	.	.	PUNCT
ertr-98	8	1	he	he	PRON
ertr-98	8	2	holds	hold	VERB
ertr-98	8	3	a	a	DET
ertr-98	8	4	phd	phd	NOUN
ertr-98	8	5	in	in	ADP
ertr-98	8	6	economics	economic	NOUN
ertr-98	8	7	and	and	CCONJ
ertr-98	8	8	management	management	NOUN
ertr-98	8	9	(	(	PUNCT
ertr-98	8	10	sant’anna	sant’anna	NOUN
ertr-98	8	11	school	school	NOUN
ertr-98	8	12	of	of	ADP
ertr-98	8	13	advanced	advanced	ADJ
ertr-98	8	14	studies	study	NOUN
ertr-98	8	15	)	)	PUNCT
ertr-98	8	16	.	.	PUNCT
ertr-98	9	1	his	his	PRON
ertr-98	9	2	research	research	NOUN
ertr-98	9	3	interests	interest	NOUN
ertr-98	9	4	are	be	AUX
ertr-98	9	5	in	in	ADP
ertr-98	9	6	firms	firm	NOUN
ertr-98	9	7	and	and	CCONJ
ertr-98	9	8	industry	industry	NOUN
ertr-98	9	9	dynamics	dynamic	NOUN
ertr-98	9	10	,	,	PUNCT
ertr-98	9	11	public	public	ADJ
ertr-98	9	12	policies	policy	NOUN
ertr-98	9	13	evaluation	evaluation	NOUN
ertr-98	9	14	.	.	PUNCT
ertr-98	10	1	he	he	PRON
ertr-98	10	2	uses	use	VERB
ertr-98	10	3	micro	micro	ADJ
ertr-98	10	4	econometrics	econometrics	NOUN
ertr-98	10	5	,	,	PUNCT
ertr-98	10	6	counterfactual	counterfactual	ADJ
ertr-98	10	7	models	model	NOUN
ertr-98	10	8	and	and	CCONJ
ertr-98	10	9	agent	agent	NOUN
ertr-98	10	10	based	base	VERB
ertr-98	10	11	models	model	NOUN
ertr-98	10	12	to	to	PART
ertr-98	10	13	conduct	conduct	VERB
ertr-98	10	14	his	his	PRON
ertr-98	10	15	studies	study	NOUN
ertr-98	10	16	.	.	PUNCT
ertr-98	11	1	enrico	enrico	PROPN
ertr-98	11	2	tundis	tundis	PROPN
ertr-98	11	3	faculty	faculty	NOUN
ertr-98	11	4	of	of	ADP
ertr-98	11	5	economics	economic	NOUN
ertr-98	11	6	and	and	CCONJ
ertr-98	11	7	management	management	NOUN
ertr-98	11	8	free	free	PROPN
ertr-98	11	9	university	university	PROPN
ertr-98	11	10	of	of	ADP
ertr-98	11	11	bolzano	bolzano	PROPN
ertr-98	11	12	piazza	piazza	PROPN
ertr-98	11	13	università	università	PROPN
ertr-98	11	14	1	1	NUM
ertr-98	11	15	39100	39100	NUM
ertr-98	11	16	bolzano	bolzano	NOUN
ertr-98	11	17	,	,	PUNCT
ertr-98	11	18	italy	italy	PROPN
ertr-98	11	19	phone	phone	NOUN
ertr-98	11	20	:	:	PUNCT
ertr-98	11	21	+39	+39	PROPN
ertr-98	11	22	0471	0471	NUM
ertr-98	11	23	013260	013260	NUM
ertr-98	11	24	fax	fax	NOUN
ertr-98	11	25	:	:	PUNCT
ertr-98	11	26	+39	+39	PROPN
ertr-98	11	27	0471	0471	NUM
ertr-98	11	28	013009	013009	NUM
ertr-98	12	1	e	e	NOUN
ertr-98	12	2	-	-	NOUN
ertr-98	12	3	mail	mail	NOUN
ertr-98	12	4	:	:	PUNCT
ertr-98	12	5	enrico.tundis@unibz.it	enrico.tundis@unibz.it	PROPN
ertr-98	12	6	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	12	7	mailto:roberto.gabriele@unitn.it	mailto:roberto.gabriele@unitn.it	PROPN
ertr-98	12	8	mailto:enrico.tundis@unibz.it	mailto:enrico.tundis@unibz.it	PROPN
ertr-98	12	9	e	e	PROPN
ertr-98	12	10	-	-	NOUN
ertr-98	12	11	review	review	NOUN
ertr-98	12	12	of	of	ADP
ertr-98	12	13	tourism	tourism	NOUN
ertr-98	12	14	research	research	NOUN
ertr-98	12	15	(	(	PUNCT
ertr-98	12	16	ertr	ertr	NOUN
ertr-98	12	17	)	)	PUNCT
ertr-98	12	18	,	,	PUNCT
ertr-98	12	19	vol	vol	NOUN
ertr-98	12	20	.	.	PUNCT
ertr-98	12	21	14	14	NUM
ertr-98	12	22	issue	issue	NOUN
ertr-98	12	23	3.4	3.4	NUM
ertr-98	12	24	,	,	PUNCT
ertr-98	12	25	2017	2017	NUM
ertr-98	12	26	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	12	27	168	168	NUM
ertr-98	12	28	enrico	enrico	PROPN
ertr-98	12	29	tundis	tundis	NOUN
ertr-98	12	30	is	be	AUX
ertr-98	12	31	a	a	DET
ertr-98	12	32	research	research	NOUN
ertr-98	12	33	fellow	fellow	NOUN
ertr-98	12	34	at	at	ADP
ertr-98	12	35	the	the	DET
ertr-98	12	36	faculty	faculty	NOUN
ertr-98	12	37	of	of	ADP
ertr-98	12	38	economics	economic	NOUN
ertr-98	12	39	and	and	CCONJ
ertr-98	12	40	management	management	NOUN
ertr-98	12	41	,	,	PUNCT
ertr-98	12	42	free	free	ADJ
ertr-98	12	43	university	university	PROPN
ertr-98	12	44	of	of	ADP
ertr-98	12	45	bolzano	bolzano	PROPN
ertr-98	12	46	,	,	PUNCT
ertr-98	12	47	italy	italy	PROPN
ertr-98	12	48	.	.	PUNCT
ertr-98	13	1	he	he	PRON
ertr-98	13	2	holds	hold	VERB
ertr-98	13	3	a	a	DET
ertr-98	13	4	masters	master	NOUN
ertr-98	13	5	degree	degree	NOUN
ertr-98	13	6	in	in	ADP
ertr-98	13	7	management	management	NOUN
ertr-98	13	8	engineering	engineering	NOUN
ertr-98	13	9	(	(	PUNCT
ertr-98	13	10	university	university	NOUN
ertr-98	13	11	of	of	ADP
ertr-98	13	12	calabria	calabria	PROPN
ertr-98	13	13	,	,	PUNCT
ertr-98	13	14	italy	italy	PROPN
ertr-98	13	15	)	)	PUNCT
ertr-98	13	16	and	and	CCONJ
ertr-98	13	17	a	a	DET
ertr-98	13	18	phd	phd	NOUN
ertr-98	13	19	in	in	ADP
ertr-98	13	20	economics	economic	NOUN
ertr-98	13	21	and	and	CCONJ
ertr-98	13	22	management	management	NOUN
ertr-98	13	23	(	(	PUNCT
ertr-98	13	24	university	university	NOUN
ertr-98	13	25	of	of	ADP
ertr-98	13	26	trento	trento	PROPN
ertr-98	13	27	,	,	PUNCT
ertr-98	13	28	italy	italy	PROPN
ertr-98	13	29	)	)	PUNCT
ertr-98	13	30	.	.	PUNCT
ertr-98	14	1	his	his	PRON
ertr-98	14	2	research	research	NOUN
ertr-98	14	3	interests	interest	NOUN
ertr-98	14	4	include	include	VERB
ertr-98	14	5	firm	firm	ADJ
ertr-98	14	6	strategy	strategy	NOUN
ertr-98	14	7	,	,	PUNCT
ertr-98	14	8	productivity	productivity	NOUN
ertr-98	14	9	and	and	CCONJ
ertr-98	14	10	efficiency	efficiency	NOUN
ertr-98	14	11	analysis	analysis	NOUN
ertr-98	14	12	,	,	PUNCT
ertr-98	14	13	and	and	CCONJ
ertr-98	14	14	industrial	industrial	ADJ
ertr-98	14	15	policy	policy	NOUN
ertr-98	14	16	evaluation	evaluation	NOUN
ertr-98	14	17	.	.	PUNCT
ertr-98	15	1	enrico	enrico	PROPN
ertr-98	15	2	zaninotto	zaninotto	PROPN
ertr-98	15	3	department	department	PROPN
ertr-98	15	4	of	of	ADP
ertr-98	15	5	economics	economic	NOUN
ertr-98	15	6	and	and	CCONJ
ertr-98	15	7	management	management	NOUN
ertr-98	15	8	university	university	PROPN
ertr-98	15	9	of	of	ADP
ertr-98	15	10	trento	trento	PROPN
ertr-98	15	11	via	via	ADP
ertr-98	15	12	inama	inama	NOUN
ertr-98	15	13	,	,	PUNCT
ertr-98	15	14	5	5	NUM
ertr-98	15	15	38122	38122	NUM
ertr-98	15	16	trento	trento	NOUN
ertr-98	15	17	,	,	PUNCT
ertr-98	15	18	italy	italy	PROPN
ertr-98	15	19	phone	phone	NOUN
ertr-98	15	20	:	:	PUNCT
ertr-98	15	21	+390461282378	+390461282378	NUM
ertr-98	15	22	fax	fax	NOUN
ertr-98	15	23	:	:	PUNCT
ertr-98	15	24	+390461282124	+390461282124	NOUN
ertr-98	15	25	e	e	NOUN
ertr-98	15	26	-	-	NOUN
ertr-98	15	27	mail	mail	NOUN
ertr-98	15	28	:	:	PUNCT
ertr-98	15	29	enrico.zaninotto@unitn.it	enrico.zaninotto@unitn.it	PROPN
ertr-98	15	30	enrico	enrico	PROPN
ertr-98	15	31	zaninotto	zaninotto	NOUN
ertr-98	15	32	is	be	AUX
ertr-98	15	33	professor	professor	NOUN
ertr-98	15	34	of	of	ADP
ertr-98	15	35	business	business	NOUN
ertr-98	15	36	and	and	CCONJ
ertr-98	15	37	management	management	NOUN
ertr-98	15	38	economics	economic	NOUN
ertr-98	15	39	at	at	ADP
ertr-98	15	40	the	the	DET
ertr-98	15	41	university	university	PROPN
ertr-98	15	42	of	of	ADP
ertr-98	15	43	trento	trento	PROPN
ertr-98	15	44	,	,	PUNCT
ertr-98	15	45	italy	italy	PROPN
ertr-98	15	46	.	.	PUNCT
ertr-98	16	1	among	among	ADP
ertr-98	16	2	his	his	PRON
ertr-98	16	3	research	research	NOUN
ertr-98	16	4	interests	interest	NOUN
ertr-98	16	5	,	,	PUNCT
ertr-98	16	6	there	there	PRON
ertr-98	16	7	are	be	VERB
ertr-98	16	8	:	:	PUNCT
ertr-98	16	9	economic	economic	ADJ
ertr-98	16	10	theory	theory	NOUN
ertr-98	16	11	of	of	ADP
ertr-98	16	12	organizations	organization	NOUN
ertr-98	16	13	,	,	PUNCT
ertr-98	16	14	and	and	CCONJ
ertr-98	16	15	empirical	empirical	ADJ
ertr-98	16	16	study	study	NOUN
ertr-98	16	17	of	of	ADP
ertr-98	16	18	the	the	DET
ertr-98	16	19	relationships	relationship	NOUN
ertr-98	16	20	between	between	ADP
ertr-98	16	21	firm	firm	ADJ
ertr-98	16	22	organization	organization	NOUN
ertr-98	16	23	and	and	CCONJ
ertr-98	16	24	productivity	productivity	NOUN
ertr-98	16	25	.	.	PUNCT
ertr-98	17	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	17	2	mailto:enrico.zaninotto@unitn.it	mailto:enrico.zaninotto@unitn.it	PROPN
ertr-98	17	3	e	e	NOUN
ertr-98	17	4	-	-	NOUN
ertr-98	17	5	review	review	NOUN
ertr-98	17	6	of	of	ADP
ertr-98	17	7	tourism	tourism	NOUN
ertr-98	17	8	research	research	NOUN
ertr-98	17	9	(	(	PUNCT
ertr-98	17	10	ertr	ertr	NOUN
ertr-98	17	11	)	)	PUNCT
ertr-98	17	12	,	,	PUNCT
ertr-98	17	13	vol	vol	NOUN
ertr-98	17	14	.	.	PUNCT
ertr-98	17	15	14	14	NUM
ertr-98	17	16	issue	issue	NOUN
ertr-98	17	17	3.4	3.4	NUM
ertr-98	17	18	,	,	PUNCT
ertr-98	17	19	2017	2017	NUM
ertr-98	17	20	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	17	21	169	169	NUM
ertr-98	17	22	1	1	NUM
ertr-98	17	23	.	.	PUNCT
ertr-98	18	1	introduction	introduction	NOUN
ertr-98	18	2	tourism	tourism	NOUN
ertr-98	18	3	is	be	AUX
ertr-98	18	4	one	one	NUM
ertr-98	18	5	of	of	ADP
ertr-98	18	6	the	the	DET
ertr-98	18	7	most	most	ADV
ertr-98	18	8	important	important	ADJ
ertr-98	18	9	economic	economic	ADJ
ertr-98	18	10	activities	activity	NOUN
ertr-98	18	11	to	to	PART
ertr-98	18	12	generate	generate	VERB
ertr-98	18	13	growth	growth	NOUN
ertr-98	18	14	and	and	CCONJ
ertr-98	18	15	employment	employment	NOUN
ertr-98	18	16	in	in	ADP
ertr-98	18	17	european	european	ADJ
ertr-98	18	18	countries	country	NOUN
ertr-98	18	19	(	(	PUNCT
ertr-98	18	20	balaguer	balaguer	PROPN
ertr-98	18	21	&	&	CCONJ
ertr-98	18	22	cantavella	cantavella	PROPN
ertr-98	18	23	-	-	PUNCT
ertr-98	18	24	jorda	jorda	PROPN
ertr-98	18	25	,	,	PUNCT
ertr-98	18	26	2002	2002	NUM
ertr-98	18	27	;	;	PUNCT
ertr-98	18	28	gülcan	gülcan	PROPN
ertr-98	18	29	,	,	PUNCT
ertr-98	18	30	kuştepeli	kuştepeli	PROPN
ertr-98	18	31	,	,	PUNCT
ertr-98	18	32	&	&	CCONJ
ertr-98	18	33	akgüngör	akgüngör	PROPN
ertr-98	18	34	,	,	PUNCT
ertr-98	18	35	2009	2009	NUM
ertr-98	18	36	)	)	PUNCT
ertr-98	18	37	.	.	PUNCT
ertr-98	19	1	the	the	DET
ertr-98	19	2	lisbon	lisbon	PROPN
ertr-98	19	3	treaty	treaty	NOUN
ertr-98	19	4	specifically	specifically	ADV
ertr-98	19	5	acknowledges	acknowledge	VERB
ertr-98	19	6	tourism	tourism	NOUN
ertr-98	19	7	as	as	ADP
ertr-98	19	8	a	a	DET
ertr-98	19	9	key	key	ADJ
ertr-98	19	10	sector	sector	NOUN
ertr-98	19	11	of	of	ADP
ertr-98	19	12	the	the	DET
ertr-98	19	13	european	european	ADJ
ertr-98	19	14	economy	economy	NOUN
ertr-98	19	15	.	.	PUNCT
ertr-98	20	1	however	however	ADV
ertr-98	20	2	,	,	PUNCT
ertr-98	20	3	the	the	DET
ertr-98	20	4	low	low	ADJ
ertr-98	20	5	productivity	productivity	NOUN
ertr-98	20	6	resulting	result	VERB
ertr-98	20	7	from	from	ADP
ertr-98	20	8	the	the	DET
ertr-98	20	9	small	small	ADJ
ertr-98	20	10	-	-	PUNCT
ertr-98	20	11	business	business	NOUN
ertr-98	20	12	structure	structure	NOUN
ertr-98	20	13	of	of	ADP
ertr-98	20	14	the	the	DET
ertr-98	20	15	sector	sector	NOUN
ertr-98	20	16	in	in	ADP
ertr-98	20	17	many	many	ADJ
ertr-98	20	18	regions	region	NOUN
ertr-98	20	19	undermines	undermine	VERB
ertr-98	20	20	its	its	PRON
ertr-98	20	21	economic	economic	ADJ
ertr-98	20	22	and	and	CCONJ
ertr-98	20	23	social	social	ADJ
ertr-98	20	24	potential	potential	NOUN
ertr-98	20	25	(	(	PUNCT
ertr-98	20	26	keller	keller	PROPN
ertr-98	20	27	&	&	CCONJ
ertr-98	20	28	bieger	bieger	PROPN
ertr-98	20	29	,	,	PUNCT
ertr-98	20	30	2007	2007	NUM
ertr-98	20	31	;	;	PUNCT
ertr-98	20	32	oecd	oecd	PROPN
ertr-98	20	33	,	,	PUNCT
ertr-98	20	34	2006	2006	NUM
ertr-98	20	35	)	)	PUNCT
ertr-98	20	36	.	.	PUNCT
ertr-98	21	1	in	in	ADP
ertr-98	21	2	the	the	DET
ertr-98	21	3	last	last	ADJ
ertr-98	21	4	few	few	ADJ
ertr-98	21	5	decades	decade	NOUN
ertr-98	21	6	,	,	PUNCT
ertr-98	21	7	overcoming	overcome	VERB
ertr-98	21	8	these	these	DET
ertr-98	21	9	difficulties	difficulty	NOUN
ertr-98	21	10	often	often	ADV
ertr-98	21	11	included	include	VERB
ertr-98	21	12	the	the	DET
ertr-98	21	13	design	design	NOUN
ertr-98	21	14	of	of	ADP
ertr-98	21	15	policies	policy	NOUN
ertr-98	21	16	aimed	aim	VERB
ertr-98	21	17	to	to	PART
ertr-98	21	18	foster	foster	VERB
ertr-98	21	19	tourism	tourism	NOUN
ertr-98	21	20	competitiveness	competitiveness	NOUN
ertr-98	21	21	(	(	PUNCT
ertr-98	21	22	keller	keller	PROPN
ertr-98	21	23	,	,	PUNCT
ertr-98	21	24	2005	2005	NUM
ertr-98	21	25	)	)	PUNCT
ertr-98	21	26	,	,	PUNCT
ertr-98	21	27	meet	meet	VERB
ertr-98	21	28	the	the	DET
ertr-98	21	29	increasing	increase	VERB
ertr-98	21	30	globalisation	globalisation	NOUN
ertr-98	21	31	of	of	ADP
ertr-98	21	32	demand	demand	NOUN
ertr-98	21	33	,	,	PUNCT
ertr-98	21	34	and	and	CCONJ
ertr-98	21	35	increase	increase	VERB
ertr-98	21	36	sustainability	sustainability	NOUN
ertr-98	21	37	.	.	PUNCT
ertr-98	22	1	the	the	DET
ertr-98	22	2	provision	provision	NOUN
ertr-98	22	3	of	of	ADP
ertr-98	22	4	subsidies	subsidy	NOUN
ertr-98	22	5	is	be	AUX
ertr-98	22	6	seen	see	VERB
ertr-98	22	7	as	as	ADP
ertr-98	22	8	a	a	DET
ertr-98	22	9	major	major	ADJ
ertr-98	22	10	policy	policy	NOUN
ertr-98	22	11	instrument	instrument	NOUN
ertr-98	22	12	to	to	PART
ertr-98	22	13	overcome	overcome	VERB
ertr-98	22	14	firm	firm	ADJ
ertr-98	22	15	underinvestment	underinvestment	ADJ
ertr-98	22	16	due	due	ADP
ertr-98	22	17	to	to	ADP
ertr-98	22	18	the	the	DET
ertr-98	22	19	high	high	ADJ
ertr-98	22	20	degree	degree	NOUN
ertr-98	22	21	of	of	ADP
ertr-98	22	22	fragmentation	fragmentation	NOUN
ertr-98	22	23	(	(	PUNCT
ertr-98	22	24	thomas	thomas	PROPN
ertr-98	22	25	,	,	PUNCT
ertr-98	22	26	1994	1994	NUM
ertr-98	22	27	,	,	PUNCT
ertr-98	22	28	1995	1995	NUM
ertr-98	22	29	;	;	PUNCT
ertr-98	22	30	wanhill	wanhill	NOUN
ertr-98	22	31	,	,	PUNCT
ertr-98	22	32	2000	2000	NUM
ertr-98	22	33	)	)	PUNCT
ertr-98	22	34	.	.	PUNCT
ertr-98	23	1	the	the	DET
ertr-98	23	2	competitive	competitive	ADJ
ertr-98	23	3	position	position	NOUN
ertr-98	23	4	of	of	ADP
ertr-98	23	5	a	a	DET
ertr-98	23	6	tourism	tourism	NOUN
ertr-98	23	7	destination	destination	NOUN
ertr-98	23	8	depends	depend	VERB
ertr-98	23	9	indeed	indeed	ADV
ertr-98	23	10	on	on	ADP
ertr-98	23	11	the	the	DET
ertr-98	23	12	joint	joint	ADJ
ertr-98	23	13	decision	decision	NOUN
ertr-98	23	14	of	of	ADP
ertr-98	23	15	many	many	ADJ
ertr-98	23	16	micro	micro	ADJ
ertr-98	23	17	and	and	CCONJ
ertr-98	23	18	small	small	ADJ
ertr-98	23	19	firms	firm	NOUN
ertr-98	23	20	that	that	PRON
ertr-98	23	21	can	can	AUX
ertr-98	23	22	underinvest	underinv	ADJ
ertr-98	23	23	in	in	ADP
ertr-98	23	24	the	the	DET
ertr-98	23	25	improvement	improvement	NOUN
ertr-98	23	26	of	of	ADP
ertr-98	23	27	their	their	PRON
ertr-98	23	28	own	own	ADJ
ertr-98	23	29	facilities	facility	NOUN
ertr-98	23	30	,	,	PUNCT
ertr-98	23	31	in	in	ADP
ertr-98	23	32	the	the	DET
ertr-98	23	33	hope	hope	NOUN
ertr-98	23	34	to	to	PART
ertr-98	23	35	gain	gain	VERB
ertr-98	23	36	from	from	ADP
ertr-98	23	37	the	the	DET
ertr-98	23	38	externalities	externality	NOUN
ertr-98	23	39	generated	generate	VERB
ertr-98	23	40	by	by	ADP
ertr-98	23	41	other	other	ADJ
ertr-98	23	42	firms	firm	NOUN
ertr-98	23	43	’	'	PUNCT
ertr-98	23	44	investment	investment	NOUN
ertr-98	23	45	.	.	PUNCT
ertr-98	24	1	subsidies	subsidy	NOUN
ertr-98	24	2	to	to	ADP
ertr-98	24	3	the	the	DET
ertr-98	24	4	tourism	tourism	NOUN
ertr-98	24	5	sector	sector	NOUN
ertr-98	24	6	were	be	AUX
ertr-98	24	7	in	in	ADP
ertr-98	24	8	fact	fact	NOUN
ertr-98	24	9	mentioned	mention	VERB
ertr-98	24	10	by	by	ADP
ertr-98	24	11	62	62	NUM
ertr-98	24	12	of	of	ADP
ertr-98	24	13	the	the	DET
ertr-98	24	14	97	97	NUM
ertr-98	24	15	members	member	NOUN
ertr-98	24	16	of	of	ADP
ertr-98	24	17	the	the	DET
ertr-98	24	18	world	world	NOUN
ertr-98	24	19	trade	trade	PROPN
ertr-98	24	20	association	association	NOUN
ertr-98	24	21	between	between	ADP
ertr-98	24	22	1995	1995	NUM
ertr-98	24	23	and	and	CCONJ
ertr-98	24	24	2004	2004	NUM
ertr-98	24	25	(	(	PUNCT
ertr-98	24	26	wto	wto	PROPN
ertr-98	24	27	,	,	PUNCT
ertr-98	24	28	2006	2006	NUM
ertr-98	24	29	)	)	PUNCT
ertr-98	24	30	.	.	PUNCT
ertr-98	25	1	the	the	DET
ertr-98	25	2	effectiveness	effectiveness	NOUN
ertr-98	25	3	and	and	CCONJ
ertr-98	25	4	efficiency	efficiency	NOUN
ertr-98	25	5	of	of	ADP
ertr-98	25	6	public	public	ADJ
ertr-98	25	7	spending	spending	NOUN
ertr-98	25	8	on	on	ADP
ertr-98	25	9	tourism	tourism	NOUN
ertr-98	25	10	businesses	business	NOUN
ertr-98	25	11	remains	remain	VERB
ertr-98	25	12	,	,	PUNCT
ertr-98	25	13	however	however	ADV
ertr-98	25	14	,	,	PUNCT
ertr-98	25	15	an	an	DET
ertr-98	25	16	open	open	ADJ
ertr-98	25	17	issue	issue	NOUN
ertr-98	25	18	(	(	PUNCT
ertr-98	25	19	oecd	oecd	PROPN
ertr-98	25	20	,	,	PUNCT
ertr-98	25	21	2010	2010	NUM
ertr-98	25	22	)	)	PUNCT
ertr-98	25	23	.	.	PUNCT
ertr-98	26	1	although	although	SCONJ
ertr-98	26	2	subsidies	subsidy	NOUN
ertr-98	26	3	can	can	AUX
ertr-98	26	4	be	be	AUX
ertr-98	26	5	seen	see	VERB
ertr-98	26	6	as	as	ADP
ertr-98	26	7	effective	effective	ADJ
ertr-98	26	8	and	and	CCONJ
ertr-98	26	9	highly	highly	ADV
ertr-98	26	10	acceptable	acceptable	ADJ
ertr-98	26	11	instruments	instrument	NOUN
ertr-98	26	12	of	of	ADP
ertr-98	26	13	tourism	tourism	NOUN
ertr-98	26	14	policy	policy	NOUN
ertr-98	26	15	management	management	NOUN
ertr-98	26	16	(	(	PUNCT
ertr-98	26	17	logar	logar	PROPN
ertr-98	26	18	,	,	PUNCT
ertr-98	26	19	2010	2010	NUM
ertr-98	26	20	)	)	PUNCT
ertr-98	26	21	,	,	PUNCT
ertr-98	26	22	what	what	PRON
ertr-98	26	23	might	might	AUX
ertr-98	26	24	be	be	AUX
ertr-98	26	25	contended	contend	VERB
ertr-98	26	26	is	be	AUX
ertr-98	26	27	the	the	DET
ertr-98	26	28	ability	ability	NOUN
ertr-98	26	29	of	of	ADP
ertr-98	26	30	policymakers	policymaker	NOUN
ertr-98	26	31	to	to	PART
ertr-98	26	32	provide	provide	VERB
ertr-98	26	33	effective	effective	ADJ
ertr-98	26	34	incentives	incentive	NOUN
ertr-98	26	35	to	to	ADP
ertr-98	26	36	firms	firm	NOUN
ertr-98	26	37	to	to	PART
ertr-98	26	38	rectify	rectify	VERB
ertr-98	26	39	market	market	NOUN
ertr-98	26	40	failures	failure	NOUN
ertr-98	26	41	.	.	PUNCT
ertr-98	27	1	indeed	indeed	ADV
ertr-98	27	2	,	,	PUNCT
ertr-98	27	3	selecting	select	VERB
ertr-98	27	4	some	some	DET
ertr-98	27	5	hotels	hotel	NOUN
ertr-98	27	6	into	into	ADP
ertr-98	27	7	a	a	DET
ertr-98	27	8	subsidy	subsidy	NOUN
ertr-98	27	9	programme	programme	NOUN
ertr-98	27	10	could	could	AUX
ertr-98	27	11	introduce	introduce	VERB
ertr-98	27	12	distortions	distortion	NOUN
ertr-98	27	13	in	in	ADP
ertr-98	27	14	the	the	DET
ertr-98	27	15	competitive	competitive	ADJ
ertr-98	27	16	arena	arena	NOUN
ertr-98	27	17	(	(	PUNCT
ertr-98	27	18	weiermair	weiermair	NOUN
ertr-98	27	19	,	,	PUNCT
ertr-98	27	20	2006	2006	NUM
ertr-98	27	21	)	)	PUNCT
ertr-98	27	22	and	and	CCONJ
ertr-98	27	23	give	give	VERB
ertr-98	27	24	rise	rise	NOUN
ertr-98	27	25	to	to	ADP
ertr-98	27	26	inefficiencies	inefficiency	NOUN
ertr-98	27	27	(	(	PUNCT
ertr-98	27	28	bergström	bergström	NOUN
ertr-98	27	29	,	,	PUNCT
ertr-98	27	30	2000	2000	NUM
ertr-98	27	31	)	)	PUNCT
ertr-98	27	32	.	.	PUNCT
ertr-98	28	1	quantitative	quantitative	ADJ
ertr-98	28	2	analysis	analysis	NOUN
ertr-98	28	3	on	on	ADP
ertr-98	28	4	the	the	DET
ertr-98	28	5	efficacy	efficacy	NOUN
ertr-98	28	6	of	of	ADP
ertr-98	28	7	subsidisation	subsidisation	NOUN
ertr-98	28	8	policies	policy	NOUN
ertr-98	28	9	to	to	ADP
ertr-98	28	10	tourism	tourism	NOUN
ertr-98	28	11	firms	firm	NOUN
ertr-98	28	12	is	be	AUX
ertr-98	28	13	still	still	ADV
ertr-98	28	14	scant	scant	ADJ
ertr-98	28	15	and	and	CCONJ
ertr-98	28	16	does	do	AUX
ertr-98	28	17	not	not	PART
ertr-98	28	18	refer	refer	VERB
ertr-98	28	19	to	to	ADP
ertr-98	28	20	small	small	ADJ
ertr-98	28	21	firms	firm	NOUN
ertr-98	28	22	(	(	PUNCT
ertr-98	28	23	see	see	VERB
ertr-98	28	24	e.g.	e.g.	ADV
ertr-98	28	25	bernini	bernini	PROPN
ertr-98	28	26	&	&	CCONJ
ertr-98	28	27	pellegrini	pellegrini	PROPN
ertr-98	28	28	,	,	PUNCT
ertr-98	28	29	2013	2013	NUM
ertr-98	28	30	)	)	PUNCT
ertr-98	28	31	.	.	PUNCT
ertr-98	29	1	the	the	DET
ertr-98	29	2	impact	impact	NOUN
ertr-98	29	3	of	of	ADP
ertr-98	29	4	mainstream	mainstream	ADJ
ertr-98	29	5	small	small	ADJ
ertr-98	29	6	and	and	CCONJ
ertr-98	29	7	medium	medium	ADJ
ertr-98	29	8	enterprise	enterprise	NOUN
ertr-98	29	9	(	(	PUNCT
ertr-98	29	10	sme	sme	NOUN
ertr-98	29	11	)	)	PUNCT
ertr-98	29	12	policy	policy	NOUN
ertr-98	29	13	on	on	ADP
ertr-98	29	14	tourism	tourism	NOUN
ertr-98	29	15	businesses	business	NOUN
ertr-98	29	16	thus	thus	ADV
ertr-98	29	17	deserves	deserve	VERB
ertr-98	29	18	enquiry	enquiry	NOUN
ertr-98	29	19	(	(	PUNCT
ertr-98	29	20	thomas	thomas	PROPN
ertr-98	29	21	,	,	PUNCT
ertr-98	29	22	shaw	shaw	PROPN
ertr-98	29	23	,	,	PUNCT
ertr-98	29	24	&	&	CCONJ
ertr-98	29	25	page	page	NOUN
ertr-98	29	26	,	,	PUNCT
ertr-98	29	27	2011	2011	NUM
ertr-98	29	28	)	)	PUNCT
ertr-98	29	29	.	.	PUNCT
ertr-98	30	1	a	a	DET
ertr-98	30	2	more	more	ADV
ertr-98	30	3	detailed	detailed	ADJ
ertr-98	30	4	analysis	analysis	NOUN
ertr-98	30	5	of	of	ADP
ertr-98	30	6	past	past	NOUN
ertr-98	30	7	and	and	CCONJ
ertr-98	30	8	http://ertr.tamu.edu/	http://ertr.tamu.edu/	ADJ
ertr-98	30	9	e	e	NOUN
ertr-98	30	10	-	-	NOUN
ertr-98	30	11	review	review	NOUN
ertr-98	30	12	of	of	ADP
ertr-98	30	13	tourism	tourism	NOUN
ertr-98	30	14	research	research	NOUN
ertr-98	30	15	(	(	PUNCT
ertr-98	30	16	ertr	ertr	NOUN
ertr-98	30	17	)	)	PUNCT
ertr-98	30	18	,	,	PUNCT
ertr-98	30	19	vol	vol	NOUN
ertr-98	30	20	.	.	PUNCT
ertr-98	30	21	14	14	NUM
ertr-98	30	22	issue	issue	NOUN
ertr-98	30	23	3.4	3.4	NUM
ertr-98	30	24	,	,	PUNCT
ertr-98	30	25	2017	2017	NUM
ertr-98	30	26	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	30	27	170	170	NUM
ertr-98	30	28	existing	exist	VERB
ertr-98	30	29	policies	policy	NOUN
ertr-98	30	30	would	would	AUX
ertr-98	30	31	provide	provide	VERB
ertr-98	30	32	policymakers	policymaker	NOUN
ertr-98	30	33	with	with	ADP
ertr-98	30	34	the	the	DET
ertr-98	30	35	tools	tool	NOUN
ertr-98	30	36	to	to	PART
ertr-98	30	37	implement	implement	VERB
ertr-98	30	38	evidence	evidence	NOUN
ertr-98	30	39	-	-	PUNCT
ertr-98	30	40	based	base	VERB
ertr-98	30	41	support	support	NOUN
ertr-98	30	42	to	to	ADP
ertr-98	30	43	the	the	DET
ertr-98	30	44	policies	policy	NOUN
ertr-98	30	45	for	for	ADP
ertr-98	30	46	the	the	DET
ertr-98	30	47	growth	growth	NOUN
ertr-98	30	48	of	of	ADP
ertr-98	30	49	the	the	DET
ertr-98	30	50	tourism	tourism	NOUN
ertr-98	30	51	industry	industry	NOUN
ertr-98	30	52	.	.	PUNCT
ertr-98	31	1	this	this	DET
ertr-98	31	2	paper	paper	NOUN
ertr-98	31	3	aims	aim	VERB
ertr-98	31	4	to	to	PART
ertr-98	31	5	provide	provide	VERB
ertr-98	31	6	evidence	evidence	NOUN
ertr-98	31	7	on	on	ADP
ertr-98	31	8	the	the	DET
ertr-98	31	9	effectiveness	effectiveness	NOUN
ertr-98	31	10	of	of	ADP
ertr-98	31	11	public	public	ADJ
ertr-98	31	12	subsidies	subsidy	NOUN
ertr-98	31	13	to	to	ADP
ertr-98	31	14	micro	micro	ADJ
ertr-98	31	15	and	and	CCONJ
ertr-98	31	16	small	small	ADJ
ertr-98	31	17	hotels	hotel	NOUN
ertr-98	31	18	in	in	ADP
ertr-98	31	19	the	the	DET
ertr-98	31	20	context	context	NOUN
ertr-98	31	21	of	of	ADP
ertr-98	31	22	the	the	DET
ertr-98	31	23	provincial	provincial	ADJ
ertr-98	31	24	law	law	NOUN
ertr-98	31	25	6/99	6/99	NUM
ertr-98	31	26	(	(	PUNCT
ertr-98	31	27	pl	pl	PROPN
ertr-98	31	28	6/99	6/99	NUM
ertr-98	31	29	)	)	PUNCT
ertr-98	31	30	of	of	ADP
ertr-98	31	31	the	the	DET
ertr-98	31	32	trentino	trentino	NOUN
ertr-98	31	33	province	province	NOUN
ertr-98	31	34	.	.	PUNCT
ertr-98	32	1	the	the	DET
ertr-98	32	2	form	form	NOUN
ertr-98	32	3	of	of	ADP
ertr-98	32	4	intervention	intervention	NOUN
ertr-98	32	5	directed	direct	VERB
ertr-98	32	6	to	to	ADP
ertr-98	32	7	tourism	tourism	NOUN
ertr-98	32	8	firms	firm	NOUN
ertr-98	32	9	consists	consist	VERB
ertr-98	32	10	of	of	ADP
ertr-98	32	11	co	co	ADJ
ertr-98	32	12	-	-	ADJ
ertr-98	32	13	financing	financing	ADJ
ertr-98	32	14	firm	firm	ADJ
ertr-98	32	15	investment	investment	NOUN
ertr-98	32	16	in	in	ADP
ertr-98	32	17	fixed	fix	VERB
ertr-98	32	18	capital	capital	NOUN
ertr-98	32	19	and	and	CCONJ
ertr-98	32	20	on	on	ADP
ertr-98	32	21	sustainability	sustainability	NOUN
ertr-98	32	22	(	(	PUNCT
ertr-98	32	23	e.g.	e.g.	ADV
ertr-98	32	24	improvements	improvement	NOUN
ertr-98	32	25	of	of	ADP
ertr-98	32	26	energy	energy	NOUN
ertr-98	32	27	efficiency	efficiency	NOUN
ertr-98	32	28	of	of	ADP
ertr-98	32	29	facilities	facility	NOUN
ertr-98	32	30	)	)	PUNCT
ertr-98	32	31	.	.	PUNCT
ertr-98	33	1	from	from	ADP
ertr-98	33	2	a	a	DET
ertr-98	33	3	methodological	methodological	ADJ
ertr-98	33	4	point	point	NOUN
ertr-98	33	5	of	of	ADP
ertr-98	33	6	view	view	NOUN
ertr-98	33	7	,	,	PUNCT
ertr-98	33	8	we	we	PRON
ertr-98	33	9	used	use	VERB
ertr-98	33	10	a	a	DET
ertr-98	33	11	matching	match	VERB
ertr-98	33	12	approach	approach	NOUN
ertr-98	33	13	to	to	PART
ertr-98	33	14	identify	identify	VERB
ertr-98	33	15	the	the	DET
ertr-98	33	16	treatment	treatment	NOUN
ertr-98	33	17	impact	impact	NOUN
ertr-98	33	18	on	on	ADP
ertr-98	33	19	outcomes	outcome	NOUN
ertr-98	33	20	(	(	PUNCT
ertr-98	33	21	rubin	rubin	PROPN
ertr-98	33	22	,	,	PUNCT
ertr-98	33	23	1986	1986	NUM
ertr-98	33	24	)	)	PUNCT
ertr-98	33	25	.	.	PUNCT
ertr-98	34	1	in	in	ADP
ertr-98	34	2	particular	particular	ADJ
ertr-98	34	3	,	,	PUNCT
ertr-98	34	4	we	we	PRON
ertr-98	34	5	employed	employ	VERB
ertr-98	34	6	the	the	DET
ertr-98	34	7	matching	matching	NOUN
ertr-98	34	8	estimator	estimator	NOUN
ertr-98	34	9	proposed	propose	VERB
ertr-98	34	10	by	by	ADP
ertr-98	34	11	abadie	abadie	PROPN
ertr-98	34	12	and	and	CCONJ
ertr-98	34	13	imbens	imben	NOUN
ertr-98	34	14	(	(	PUNCT
ertr-98	34	15	2002	2002	NUM
ertr-98	34	16	)	)	PUNCT
ertr-98	34	17	and	and	CCONJ
ertr-98	34	18	imbens	imben	NOUN
ertr-98	34	19	(	(	PUNCT
ertr-98	34	20	2004	2004	NUM
ertr-98	34	21	)	)	PUNCT
ertr-98	34	22	.	.	PUNCT
ertr-98	35	1	the	the	DET
ertr-98	35	2	remainder	remainder	NOUN
ertr-98	35	3	of	of	ADP
ertr-98	35	4	the	the	DET
ertr-98	35	5	paper	paper	NOUN
ertr-98	35	6	is	be	AUX
ertr-98	35	7	organised	organise	VERB
ertr-98	35	8	as	as	ADP
ertr-98	35	9	follow	follow	NOUN
ertr-98	35	10	:	:	PUNCT
ertr-98	35	11	in	in	ADP
ertr-98	35	12	section	section	NOUN
ertr-98	35	13	2	2	NUM
ertr-98	35	14	,	,	PUNCT
ertr-98	35	15	we	we	PRON
ertr-98	35	16	present	present	VERB
ertr-98	35	17	the	the	DET
ertr-98	35	18	theoretical	theoretical	ADJ
ertr-98	35	19	and	and	CCONJ
ertr-98	35	20	empirical	empirical	ADJ
ertr-98	35	21	background	background	NOUN
ertr-98	35	22	on	on	ADP
ertr-98	35	23	which	which	PRON
ertr-98	35	24	the	the	DET
ertr-98	35	25	paper	paper	NOUN
ertr-98	35	26	is	be	AUX
ertr-98	35	27	based	base	VERB
ertr-98	35	28	.	.	PUNCT
ertr-98	36	1	section	section	NOUN
ertr-98	36	2	3	3	NUM
ertr-98	36	3	describes	describe	VERB
ertr-98	36	4	the	the	DET
ertr-98	36	5	details	detail	NOUN
ertr-98	36	6	of	of	ADP
ertr-98	36	7	the	the	DET
ertr-98	36	8	evaluation	evaluation	NOUN
ertr-98	36	9	exercises	exercise	NOUN
ertr-98	36	10	we	we	PRON
ertr-98	36	11	conducted	conduct	VERB
ertr-98	36	12	and	and	CCONJ
ertr-98	36	13	the	the	DET
ertr-98	36	14	methodological	methodological	ADJ
ertr-98	36	15	aspects	aspect	NOUN
ertr-98	36	16	.	.	PUNCT
ertr-98	37	1	section	section	NOUN
ertr-98	37	2	4	4	NUM
ertr-98	37	3	presents	present	NOUN
ertr-98	37	4	data	datum	NOUN
ertr-98	37	5	and	and	CCONJ
ertr-98	37	6	variables	variable	NOUN
ertr-98	37	7	used	use	VERB
ertr-98	37	8	in	in	ADP
ertr-98	37	9	the	the	DET
ertr-98	37	10	analysis	analysis	NOUN
ertr-98	37	11	.	.	PUNCT
ertr-98	38	1	section	section	NOUN
ertr-98	38	2	5	5	NUM
ertr-98	38	3	shows	show	VERB
ertr-98	38	4	the	the	DET
ertr-98	38	5	results	result	NOUN
ertr-98	38	6	.	.	PUNCT
ertr-98	39	1	section	section	NOUN
ertr-98	39	2	6	6	NUM
ertr-98	39	3	comments	comment	NOUN
ertr-98	39	4	and	and	CCONJ
ertr-98	39	5	concludes	conclude	VERB
ertr-98	39	6	.	.	PUNCT
ertr-98	40	1	2	2	X
ertr-98	40	2	.	.	X
ertr-98	40	3	theoretical	theoretical	ADJ
ertr-98	40	4	background	background	NOUN
ertr-98	40	5	and	and	CCONJ
ertr-98	40	6	empirical	empirical	ADJ
ertr-98	40	7	literature	literature	PROPN
ertr-98	40	8	european	european	PROPN
ertr-98	40	9	tourism	tourism	NOUN
ertr-98	40	10	supply	supply	NOUN
ertr-98	40	11	is	be	AUX
ertr-98	40	12	dominated	dominate	VERB
ertr-98	40	13	by	by	ADP
ertr-98	40	14	micro	micro	ADJ
ertr-98	40	15	and	and	CCONJ
ertr-98	40	16	small	small	ADJ
ertr-98	40	17	family	family	NOUN
ertr-98	40	18	-	-	PUNCT
ertr-98	40	19	owned	own	VERB
ertr-98	40	20	firms	firm	NOUN
ertr-98	40	21	(	(	PUNCT
ertr-98	40	22	oecd	oecd	PROPN
ertr-98	40	23	,	,	PUNCT
ertr-98	40	24	2010	2010	NUM
ertr-98	40	25	)	)	PUNCT
ertr-98	40	26	.	.	PUNCT
ertr-98	41	1	the	the	DET
ertr-98	41	2	hotel	hotel	NOUN
ertr-98	41	3	,	,	PUNCT
ertr-98	41	4	restaurant	restaurant	NOUN
ertr-98	41	5	,	,	PUNCT
ertr-98	41	6	and	and	CCONJ
ertr-98	41	7	travel	travel	NOUN
ertr-98	41	8	agency	agency	NOUN
ertr-98	41	9	industries	industry	NOUN
ertr-98	41	10	combined	combine	VERB
ertr-98	41	11	have	have	VERB
ertr-98	41	12	one	one	NUM
ertr-98	41	13	of	of	ADP
ertr-98	41	14	the	the	DET
ertr-98	41	15	highest	high	ADJ
ertr-98	41	16	proportion	proportion	NOUN
ertr-98	41	17	of	of	ADP
ertr-98	41	18	micro	micro	ADJ
ertr-98	41	19	and	and	CCONJ
ertr-98	41	20	small	small	ADJ
ertr-98	41	21	firms	firm	NOUN
ertr-98	41	22	in	in	ADP
ertr-98	41	23	the	the	DET
ertr-98	41	24	european	european	PROPN
ertr-98	41	25	union	union	PROPN
ertr-98	41	26	(	(	PUNCT
ertr-98	41	27	eu	eu	NOUN
ertr-98	41	28	)	)	PUNCT
ertr-98	41	29	economy	economy	NOUN
ertr-98	41	30	.	.	PUNCT
ertr-98	42	1	in	in	ADP
ertr-98	42	2	particular	particular	ADJ
ertr-98	42	3	,	,	PUNCT
ertr-98	42	4	around	around	ADV
ertr-98	42	5	80	80	NUM
ertr-98	42	6	%	%	NOUN
ertr-98	42	7	of	of	ADP
ertr-98	42	8	hotels	hotel	NOUN
ertr-98	42	9	are	be	AUX
ertr-98	42	10	classified	classify	VERB
ertr-98	42	11	as	as	ADP
ertr-98	42	12	micro	micro	ADJ
ertr-98	42	13	and	and	CCONJ
ertr-98	42	14	small	small	ADJ
ertr-98	42	15	firms	firm	NOUN
ertr-98	42	16	.	.	PUNCT
ertr-98	43	1	italy	italy	PROPN
ertr-98	43	2	has	have	AUX
ertr-98	43	3	,	,	PUNCT
ertr-98	43	4	in	in	ADP
ertr-98	43	5	comparison	comparison	NOUN
ertr-98	43	6	to	to	ADP
ertr-98	43	7	the	the	DET
ertr-98	43	8	other	other	ADJ
ertr-98	43	9	major	major	ADJ
ertr-98	43	10	european	european	ADJ
ertr-98	43	11	countries	country	NOUN
ertr-98	43	12	,	,	PUNCT
ertr-98	43	13	the	the	DET
ertr-98	43	14	second	second	ADJ
ertr-98	43	15	highest	high	ADJ
ertr-98	43	16	number	number	NOUN
ertr-98	43	17	of	of	ADP
ertr-98	43	18	hotels	hotel	NOUN
ertr-98	43	19	(	(	PUNCT
ertr-98	43	20	85	85	NUM
ertr-98	43	21	%	%	NOUN
ertr-98	43	22	of	of	ADP
ertr-98	43	23	the	the	DET
ertr-98	43	24	total	total	NOUN
ertr-98	43	25	)	)	PUNCT
ertr-98	43	26	.	.	PUNCT
ertr-98	44	1	such	such	DET
ertr-98	44	2	an	an	DET
ertr-98	44	3	industrial	industrial	ADJ
ertr-98	44	4	structure	structure	NOUN
ertr-98	44	5	has	have	VERB
ertr-98	44	6	both	both	DET
ertr-98	44	7	advantages	advantage	NOUN
ertr-98	44	8	and	and	CCONJ
ertr-98	44	9	weaknesses	weakness	NOUN
ertr-98	44	10	.	.	PUNCT
ertr-98	45	1	small	small	ADJ
ertr-98	45	2	firms	firm	NOUN
ertr-98	45	3	are	be	AUX
ertr-98	45	4	flexible	flexible	ADJ
ertr-98	45	5	and	and	CCONJ
ertr-98	45	6	can	can	AUX
ertr-98	45	7	adapt	adapt	VERB
ertr-98	45	8	to	to	ADP
ertr-98	45	9	the	the	DET
ertr-98	45	10	industry	industry	NOUN
ertr-98	45	11	’s	’s	PART
ertr-98	45	12	changing	change	VERB
ertr-98	45	13	demands	demand	NOUN
ertr-98	45	14	;	;	PUNCT
ertr-98	45	15	for	for	ADP
ertr-98	45	16	example	example	NOUN
ertr-98	45	17	,	,	PUNCT
ertr-98	45	18	they	they	PRON
ertr-98	45	19	can	can	AUX
ertr-98	45	20	focus	focus	VERB
ertr-98	45	21	on	on	ADP
ertr-98	45	22	providing	provide	VERB
ertr-98	45	23	tailor	tailor	NOUN
ertr-98	45	24	-	-	PUNCT
ertr-98	45	25	made	make	VERB
ertr-98	45	26	and	and	CCONJ
ertr-98	45	27	personalised	personalised	ADJ
ertr-98	45	28	solutions	solution	NOUN
ertr-98	45	29	to	to	PART
ertr-98	45	30	meet	meet	VERB
ertr-98	45	31	visitors	visitor	NOUN
ertr-98	45	32	’	'	PUNCT
ertr-98	45	33	requirement	requirement	NOUN
ertr-98	45	34	.	.	PUNCT
ertr-98	46	1	on	on	ADP
ertr-98	46	2	the	the	DET
ertr-98	46	3	negative	negative	ADJ
ertr-98	46	4	side	side	NOUN
ertr-98	46	5	,	,	PUNCT
ertr-98	46	6	small	small	ADJ
ertr-98	46	7	family	family	NOUN
ertr-98	46	8	-	-	PUNCT
ertr-98	46	9	owned	own	VERB
ertr-98	46	10	firms	firm	NOUN
ertr-98	46	11	often	often	ADV
ertr-98	46	12	have	have	VERB
ertr-98	46	13	limited	limit	VERB
ertr-98	46	14	resources	resource	NOUN
ertr-98	46	15	that	that	PRON
ertr-98	46	16	may	may	AUX
ertr-98	46	17	restrict	restrict	VERB
ertr-98	46	18	their	their	PRON
ertr-98	46	19	http://ertr.tamu.edu/	http://ertr.tamu.edu/	ADJ
ertr-98	46	20	e	e	NOUN
ertr-98	46	21	-	-	NOUN
ertr-98	46	22	review	review	NOUN
ertr-98	46	23	of	of	ADP
ertr-98	46	24	tourism	tourism	NOUN
ertr-98	46	25	research	research	NOUN
ertr-98	46	26	(	(	PUNCT
ertr-98	46	27	ertr	ertr	NOUN
ertr-98	46	28	)	)	PUNCT
ertr-98	46	29	,	,	PUNCT
ertr-98	46	30	vol	vol	NOUN
ertr-98	46	31	.	.	PUNCT
ertr-98	47	1	14	14	NUM
ertr-98	47	2	issue	issue	NOUN
ertr-98	47	3	3.4	3.4	NUM
ertr-98	47	4	,	,	PUNCT
ertr-98	47	5	2017	2017	NUM
ertr-98	47	6	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	47	7	171	171	NUM
ertr-98	47	8	investments	investment	NOUN
ertr-98	47	9	,	,	PUNCT
ertr-98	47	10	and	and	CCONJ
ertr-98	47	11	scarce	scarce	ADJ
ertr-98	47	12	ability	ability	NOUN
ertr-98	47	13	to	to	PART
ertr-98	47	14	adapt	adapt	VERB
ertr-98	47	15	rapidly	rapidly	ADV
ertr-98	47	16	to	to	ADP
ertr-98	47	17	new	new	ADJ
ertr-98	47	18	challenges	challenge	NOUN
ertr-98	47	19	and	and	CCONJ
ertr-98	47	20	to	to	PART
ertr-98	47	21	capture	capture	VERB
ertr-98	47	22	opportunities	opportunity	NOUN
ertr-98	47	23	in	in	ADP
ertr-98	47	24	the	the	DET
ertr-98	47	25	market	market	NOUN
ertr-98	47	26	.	.	PUNCT
ertr-98	48	1	two	two	NUM
ertr-98	48	2	main	main	ADJ
ertr-98	48	3	rationales	rationale	NOUN
ertr-98	48	4	lie	lie	VERB
ertr-98	48	5	behind	behind	ADP
ertr-98	48	6	the	the	DET
ertr-98	48	7	advocacy	advocacy	NOUN
ertr-98	48	8	of	of	ADP
ertr-98	48	9	public	public	ADJ
ertr-98	48	10	intervention	intervention	NOUN
ertr-98	48	11	in	in	ADP
ertr-98	48	12	the	the	DET
ertr-98	48	13	tourism	tourism	NOUN
ertr-98	48	14	sector	sector	NOUN
ertr-98	48	15	.	.	PUNCT
ertr-98	49	1	first	first	ADV
ertr-98	49	2	,	,	PUNCT
ertr-98	49	3	the	the	DET
ertr-98	49	4	presence	presence	NOUN
ertr-98	49	5	of	of	ADP
ertr-98	49	6	externalities	externality	NOUN
ertr-98	49	7	creates	create	VERB
ertr-98	49	8	a	a	DET
ertr-98	49	9	discrepancy	discrepancy	NOUN
ertr-98	49	10	between	between	ADP
ertr-98	49	11	the	the	DET
ertr-98	49	12	private	private	ADJ
ertr-98	49	13	and	and	CCONJ
ertr-98	49	14	public	public	ADJ
ertr-98	49	15	rate	rate	NOUN
ertr-98	49	16	of	of	ADP
ertr-98	49	17	return	return	NOUN
ertr-98	49	18	of	of	ADP
ertr-98	49	19	investments	investment	NOUN
ertr-98	49	20	,	,	PUNCT
ertr-98	49	21	with	with	ADP
ertr-98	49	22	the	the	DET
ertr-98	49	23	consequence	consequence	NOUN
ertr-98	49	24	of	of	ADP
ertr-98	49	25	under	under	NOUN
ertr-98	49	26	-	-	PUNCT
ertr-98	49	27	investment	investment	NOUN
ertr-98	49	28	in	in	ADP
ertr-98	49	29	projects	project	NOUN
ertr-98	49	30	aimed	aim	VERB
ertr-98	49	31	to	to	PART
ertr-98	49	32	upgrade	upgrade	VERB
ertr-98	49	33	hotel	hotel	NOUN
ertr-98	49	34	quality	quality	NOUN
ertr-98	49	35	(	(	PUNCT
ertr-98	49	36	calveras	calveras	PROPN
ertr-98	49	37	&	&	CCONJ
ertr-98	49	38	vera	vera	PROPN
ertr-98	49	39	-	-	PUNCT
ertr-98	49	40	hernández	hernández	PROPN
ertr-98	49	41	,	,	PUNCT
ertr-98	49	42	2005	2005	NUM
ertr-98	49	43	)	)	PUNCT
ertr-98	49	44	.	.	PUNCT
ertr-98	50	1	the	the	DET
ertr-98	50	2	risk	risk	NOUN
ertr-98	50	3	of	of	ADP
ertr-98	50	4	underinvestment	underinvestment	NOUN
ertr-98	50	5	is	be	AUX
ertr-98	50	6	more	more	ADV
ertr-98	50	7	sensible	sensible	ADJ
ertr-98	50	8	when	when	SCONJ
ertr-98	50	9	there	there	PRON
ertr-98	50	10	are	be	VERB
ertr-98	50	11	many	many	ADJ
ertr-98	50	12	dispersed	disperse	VERB
ertr-98	50	13	entrepreneurs	entrepreneur	NOUN
ertr-98	50	14	(	(	PUNCT
ertr-98	50	15	wanhill	wanhill	NOUN
ertr-98	50	16	,	,	PUNCT
ertr-98	50	17	2000	2000	NUM
ertr-98	50	18	)	)	PUNCT
ertr-98	50	19	and	and	CCONJ
ertr-98	50	20	the	the	DET
ertr-98	50	21	positioning	positioning	NOUN
ertr-98	50	22	of	of	ADP
ertr-98	50	23	a	a	DET
ertr-98	50	24	tourist	tourist	NOUN
ertr-98	50	25	destination	destination	NOUN
ertr-98	50	26	depends	depend	VERB
ertr-98	50	27	on	on	ADP
ertr-98	50	28	the	the	DET
ertr-98	50	29	perceived	perceive	VERB
ertr-98	50	30	quality	quality	NOUN
ertr-98	50	31	of	of	ADP
ertr-98	50	32	instalments	instalment	NOUN
ertr-98	50	33	(	(	PUNCT
ertr-98	50	34	calveras	calveras	PROPN
ertr-98	50	35	&	&	CCONJ
ertr-98	50	36	vera	vera	PROPN
ertr-98	50	37	-	-	PUNCT
ertr-98	50	38	hernández	hernández	PROPN
ertr-98	50	39	,	,	PUNCT
ertr-98	50	40	2005	2005	NUM
ertr-98	50	41	):	):	PUNCT
ertr-98	50	42	in	in	ADP
ertr-98	50	43	such	such	ADJ
ertr-98	50	44	cases	case	NOUN
ertr-98	50	45	,	,	PUNCT
ertr-98	50	46	public	public	ADJ
ertr-98	50	47	subsidies	subsidy	NOUN
ertr-98	50	48	can	can	AUX
ertr-98	50	49	help	help	VERB
ertr-98	50	50	coordinate	coordinate	VERB
ertr-98	50	51	firms	firm	NOUN
ertr-98	50	52	upgrading	upgrade	VERB
ertr-98	50	53	decisions	decision	NOUN
ertr-98	50	54	.	.	PUNCT
ertr-98	51	1	the	the	DET
ertr-98	51	2	second	second	ADJ
ertr-98	51	3	rationale	rationale	NOUN
ertr-98	51	4	lies	lie	VERB
ertr-98	51	5	in	in	ADP
ertr-98	51	6	the	the	DET
ertr-98	51	7	financial	financial	ADJ
ertr-98	51	8	constraints	constraint	NOUN
ertr-98	51	9	small	small	ADJ
ertr-98	51	10	firms	firm	NOUN
ertr-98	51	11	face	face	VERB
ertr-98	51	12	,	,	PUNCT
ertr-98	51	13	in	in	ADP
ertr-98	51	14	the	the	DET
ertr-98	51	15	presence	presence	NOUN
ertr-98	51	16	of	of	ADP
ertr-98	51	17	imperfect	imperfect	ADJ
ertr-98	51	18	financial	financial	ADJ
ertr-98	51	19	markets	market	NOUN
ertr-98	51	20	(	(	PUNCT
ertr-98	51	21	carreira	carreira	PROPN
ertr-98	51	22	&	&	CCONJ
ertr-98	51	23	silva	silva	PROPN
ertr-98	51	24	,	,	PUNCT
ertr-98	51	25	2010	2010	NUM
ertr-98	51	26	)	)	PUNCT
ertr-98	51	27	.	.	PUNCT
ertr-98	52	1	small	small	ADJ
ertr-98	52	2	firms	firm	NOUN
ertr-98	52	3	rely	rely	VERB
ertr-98	52	4	for	for	ADP
ertr-98	52	5	founding	found	VERB
ertr-98	52	6	mostly	mostly	ADV
ertr-98	52	7	on	on	ADP
ertr-98	52	8	banks	bank	NOUN
ertr-98	52	9	,	,	PUNCT
ertr-98	52	10	which	which	PRON
ertr-98	52	11	are	be	AUX
ertr-98	52	12	reluctant	reluctant	ADJ
ertr-98	52	13	to	to	PART
ertr-98	52	14	engage	engage	VERB
ertr-98	52	15	in	in	ADP
ertr-98	52	16	long	long	ADJ
ertr-98	52	17	-	-	PUNCT
ertr-98	52	18	term	term	NOUN
ertr-98	52	19	risky	risky	ADJ
ertr-98	52	20	loans	loan	NOUN
ertr-98	52	21	without	without	ADP
ertr-98	52	22	sound	sound	ADJ
ertr-98	52	23	collateralization	collateralization	NOUN
ertr-98	52	24	.	.	PUNCT
ertr-98	53	1	family	family	NOUN
ertr-98	53	2	entrepreneurs	entrepreneur	NOUN
ertr-98	53	3	tend	tend	VERB
ertr-98	53	4	to	to	PART
ertr-98	53	5	restrain	restrain	VERB
ertr-98	53	6	from	from	ADP
ertr-98	53	7	the	the	DET
ertr-98	53	8	use	use	NOUN
ertr-98	53	9	of	of	ADP
ertr-98	53	10	private	private	ADJ
ertr-98	53	11	assets	asset	NOUN
ertr-98	53	12	to	to	PART
ertr-98	53	13	collateralise	collateralise	VERB
ertr-98	53	14	,	,	PUNCT
ertr-98	53	15	and	and	CCONJ
ertr-98	53	16	this	this	PRON
ertr-98	53	17	eventually	eventually	ADV
ertr-98	53	18	ends	end	VERB
ertr-98	53	19	on	on	ADP
ertr-98	53	20	underinvestment	underinvestment	NOUN
ertr-98	53	21	.	.	PUNCT
ertr-98	54	1	the	the	DET
ertr-98	54	2	provision	provision	NOUN
ertr-98	54	3	of	of	ADP
ertr-98	54	4	public	public	ADJ
ertr-98	54	5	subsidies	subsidy	NOUN
ertr-98	54	6	to	to	ADP
ertr-98	54	7	investments	investment	NOUN
ertr-98	54	8	is	be	AUX
ertr-98	54	9	a	a	DET
ertr-98	54	10	possibly	possibly	ADV
ertr-98	54	11	a	a	DET
ertr-98	54	12	way	way	NOUN
ertr-98	54	13	to	to	PART
ertr-98	54	14	alleviate	alleviate	VERB
ertr-98	54	15	the	the	DET
ertr-98	54	16	problem	problem	NOUN
ertr-98	54	17	.	.	PUNCT
ertr-98	55	1	our	our	PRON
ertr-98	55	2	strategy	strategy	NOUN
ertr-98	55	3	is	be	AUX
ertr-98	55	4	then	then	ADV
ertr-98	55	5	to	to	PART
ertr-98	55	6	look	look	VERB
ertr-98	55	7	at	at	ADP
ertr-98	55	8	firm	firm	ADJ
ertr-98	55	9	level	level	NOUN
ertr-98	55	10	observables	observable	NOUN
ertr-98	55	11	to	to	PART
ertr-98	55	12	test	test	VERB
ertr-98	55	13	the	the	DET
ertr-98	55	14	achievement	achievement	NOUN
ertr-98	55	15	of	of	ADP
ertr-98	55	16	public	public	ADJ
ertr-98	55	17	policy	policy	NOUN
ertr-98	55	18	goals	goal	NOUN
ertr-98	55	19	.	.	PUNCT
ertr-98	56	1	the	the	DET
ertr-98	56	2	effects	effect	NOUN
ertr-98	56	3	of	of	ADP
ertr-98	56	4	subsidies	subsidy	NOUN
ertr-98	56	5	directed	direct	VERB
ertr-98	56	6	to	to	ADP
ertr-98	56	7	tourism	tourism	NOUN
ertr-98	56	8	firms	firm	NOUN
ertr-98	56	9	have	have	AUX
ertr-98	56	10	been	be	AUX
ertr-98	56	11	analysed	analyse	VERB
ertr-98	56	12	either	either	CCONJ
ertr-98	56	13	theoretically	theoretically	ADV
ertr-98	56	14	(	(	PUNCT
ertr-98	56	15	schubert	schubert	PROPN
ertr-98	56	16	&	&	CCONJ
ertr-98	56	17	brida	brida	PROPN
ertr-98	56	18	,	,	PUNCT
ertr-98	56	19	2008	2008	NUM
ertr-98	56	20	)	)	PUNCT
ertr-98	56	21	or	or	CCONJ
ertr-98	56	22	by	by	ADP
ertr-98	56	23	conducting	conduct	VERB
ertr-98	56	24	qualitative	qualitative	ADJ
ertr-98	56	25	analyses	analysis	NOUN
ertr-98	56	26	(	(	PUNCT
ertr-98	56	27	logar	logar	NOUN
ertr-98	56	28	,	,	PUNCT
ertr-98	56	29	2010	2010	NUM
ertr-98	56	30	)	)	PUNCT
ertr-98	56	31	.	.	PUNCT
ertr-98	57	1	quantitative	quantitative	ADJ
ertr-98	57	2	analysis	analysis	NOUN
ertr-98	57	3	is	be	AUX
ertr-98	57	4	scant	scant	ADJ
ertr-98	57	5	in	in	ADP
ertr-98	57	6	this	this	DET
ertr-98	57	7	respect	respect	NOUN
ertr-98	57	8	.	.	PUNCT
ertr-98	58	1	bernini	bernini	PROPN
ertr-98	58	2	and	and	CCONJ
ertr-98	58	3	pellegrini	pellegrini	PROPN
ertr-98	58	4	(	(	PUNCT
ertr-98	58	5	2013	2013	NUM
ertr-98	58	6	)	)	PUNCT
ertr-98	58	7	carried	carry	VERB
ertr-98	58	8	out	out	ADP
ertr-98	58	9	a	a	DET
ertr-98	58	10	quantitative	quantitative	ADJ
ertr-98	58	11	evaluation	evaluation	NOUN
ertr-98	58	12	of	of	ADP
ertr-98	58	13	the	the	DET
ertr-98	58	14	effectiveness	effectiveness	NOUN
ertr-98	58	15	of	of	ADP
ertr-98	58	16	public	public	ADJ
ertr-98	58	17	subsidies	subsidy	NOUN
ertr-98	58	18	to	to	ADP
ertr-98	58	19	private	private	ADJ
ertr-98	58	20	firms	firm	NOUN
ertr-98	58	21	in	in	ADP
ertr-98	58	22	tourism	tourism	NOUN
ertr-98	58	23	.	.	PUNCT
ertr-98	59	1	3	3	X
ertr-98	59	2	.	.	X
ertr-98	59	3	the	the	DET
ertr-98	59	4	evaluation	evaluation	NOUN
ertr-98	59	5	of	of	ADP
ertr-98	59	6	the	the	DET
ertr-98	59	7	effect	effect	NOUN
ertr-98	59	8	of	of	ADP
ertr-98	59	9	subsidies	subsidy	NOUN
ertr-98	59	10	on	on	ADP
ertr-98	59	11	trentino	trentino	NOUN
ertr-98	59	12	hotels	hotel	NOUN
ertr-98	59	13	3.1	3.1	NUM
ertr-98	59	14	the	the	DET
ertr-98	59	15	context	context	NOUN
ertr-98	59	16	of	of	ADP
ertr-98	59	17	analysis	analysis	NOUN
ertr-98	59	18	trentino	trentino	NOUN
ertr-98	59	19	is	be	AUX
ertr-98	59	20	an	an	DET
ertr-98	59	21	alpine	alpine	NOUN
ertr-98	59	22	province	province	NOUN
ertr-98	59	23	in	in	ADP
ertr-98	59	24	northeast	northeast	PROPN
ertr-98	59	25	italy	italy	PROPN
ertr-98	59	26	with	with	ADP
ertr-98	59	27	nearly	nearly	ADV
ertr-98	59	28	500,000	500,000	NUM
ertr-98	59	29	inhabitants	inhabitant	NOUN
ertr-98	59	30	.	.	PUNCT
ertr-98	60	1	thanks	thank	NOUN
ertr-98	60	2	to	to	ADP
ertr-98	60	3	the	the	DET
ertr-98	60	4	variety	variety	NOUN
ertr-98	60	5	of	of	ADP
ertr-98	60	6	attractions	attraction	NOUN
ertr-98	60	7	–	–	PUNCT
ertr-98	60	8	lake	lake	NOUN
ertr-98	60	9	garda	garda	PROPN
ertr-98	60	10	and	and	CCONJ
ertr-98	60	11	its	its	PRON
ertr-98	60	12	surroundings	surrounding	NOUN
ertr-98	60	13	,	,	PUNCT
ertr-98	60	14	the	the	DET
ertr-98	60	15	dolomites	dolomite	NOUN
ertr-98	60	16	,	,	PUNCT
ertr-98	60	17	and	and	CCONJ
ertr-98	60	18	http://ertr.tamu.edu/	http://ertr.tamu.edu/	ADJ
ertr-98	60	19	e	e	NOUN
ertr-98	60	20	-	-	NOUN
ertr-98	60	21	review	review	NOUN
ertr-98	60	22	of	of	ADP
ertr-98	60	23	tourism	tourism	NOUN
ertr-98	60	24	research	research	NOUN
ertr-98	60	25	(	(	PUNCT
ertr-98	60	26	ertr	ertr	NOUN
ertr-98	60	27	)	)	PUNCT
ertr-98	60	28	,	,	PUNCT
ertr-98	60	29	vol	vol	NOUN
ertr-98	60	30	.	.	PUNCT
ertr-98	61	1	14	14	NUM
ertr-98	61	2	issue	issue	NOUN
ertr-98	61	3	3.4	3.4	NUM
ertr-98	61	4	,	,	PUNCT
ertr-98	61	5	2017	2017	NUM
ertr-98	61	6	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	61	7	172	172	NUM
ertr-98	61	8	many	many	ADJ
ertr-98	61	9	historic	historic	ADJ
ertr-98	61	10	towns	town	NOUN
ertr-98	61	11	and	and	CCONJ
ertr-98	61	12	cities	city	NOUN
ertr-98	61	13	–	–	PUNCT
ertr-98	61	14	about	about	ADV
ertr-98	61	15	2,300,000	2,300,000	NUM
ertr-98	61	16	tourists	tourist	NOUN
ertr-98	61	17	visited	visit	VERB
ertr-98	61	18	the	the	DET
ertr-98	61	19	region	region	NOUN
ertr-98	61	20	in	in	ADP
ertr-98	61	21	2006	2006	NUM
ertr-98	61	22	,	,	PUNCT
ertr-98	61	23	spending	spend	VERB
ertr-98	61	24	more	more	ADJ
ertr-98	61	25	than	than	ADP
ertr-98	61	26	11,000,000	11,000,000	NUM
ertr-98	61	27	nights	night	NOUN
ertr-98	61	28	there	there	ADV
ertr-98	61	29	.	.	PUNCT
ertr-98	62	1	the	the	DET
ertr-98	62	2	contribution	contribution	NOUN
ertr-98	62	3	of	of	ADP
ertr-98	62	4	hotel	hotel	NOUN
ertr-98	62	5	and	and	CCONJ
ertr-98	62	6	restaurant	restaurant	NOUN
ertr-98	62	7	industries	industry	NOUN
ertr-98	62	8	to	to	ADP
ertr-98	62	9	the	the	DET
ertr-98	62	10	local	local	ADJ
ertr-98	62	11	value	value	NOUN
ertr-98	62	12	added	add	VERB
ertr-98	62	13	ranged	range	VERB
ertr-98	62	14	between	between	ADP
ertr-98	62	15	6.7	6.7	NUM
ertr-98	62	16	%	%	NOUN
ertr-98	62	17	and	and	CCONJ
ertr-98	62	18	6.9	6.9	NUM
ertr-98	62	19	%	%	NOUN
ertr-98	62	20	in	in	ADP
ertr-98	62	21	the	the	DET
ertr-98	62	22	period	period	NOUN
ertr-98	62	23	2004–2006	2004–2006	NUM
ertr-98	62	24	.	.	PUNCT
ertr-98	63	1	trentino	trentino	NOUN
ertr-98	63	2	is	be	AUX
ertr-98	63	3	a	a	DET
ertr-98	63	4	developed	developed	ADJ
ertr-98	63	5	,	,	PUNCT
ertr-98	63	6	mature	mature	ADJ
ertr-98	63	7	destination	destination	NOUN
ertr-98	63	8	that	that	PRON
ertr-98	63	9	spans	span	VERB
ertr-98	63	10	more	more	ADJ
ertr-98	63	11	than	than	ADP
ertr-98	63	12	14	14	NUM
ertr-98	63	13	tourist	tourist	NOUN
ertr-98	63	14	districts	district	NOUN
ertr-98	63	15	with	with	ADP
ertr-98	63	16	quite	quite	ADV
ertr-98	63	17	different	different	ADJ
ertr-98	63	18	environmental	environmental	ADJ
ertr-98	63	19	conditions	condition	NOUN
ertr-98	63	20	.	.	PUNCT
ertr-98	64	1	a	a	DET
ertr-98	64	2	number	number	NOUN
ertr-98	64	3	of	of	ADP
ertr-98	64	4	districts	district	NOUN
ertr-98	64	5	enjoy	enjoy	VERB
ertr-98	64	6	a	a	DET
ertr-98	64	7	mild	mild	ADJ
ertr-98	64	8	climate	climate	NOUN
ertr-98	64	9	most	most	ADJ
ertr-98	64	10	of	of	ADP
ertr-98	64	11	the	the	DET
ertr-98	64	12	year	year	NOUN
ertr-98	64	13	and	and	CCONJ
ertr-98	64	14	a	a	DET
ertr-98	64	15	long	long	ADJ
ertr-98	64	16	peak	peak	NOUN
ertr-98	64	17	season	season	NOUN
ertr-98	64	18	(	(	PUNCT
ertr-98	64	19	lake	lake	NOUN
ertr-98	64	20	garda	garda	PROPN
ertr-98	64	21	)	)	PUNCT
ertr-98	64	22	.	.	PUNCT
ertr-98	65	1	the	the	DET
ertr-98	65	2	districts	district	NOUN
ertr-98	65	3	in	in	ADP
ertr-98	65	4	the	the	DET
ertr-98	65	5	best	good	ADJ
ertr-98	65	6	alpine	alpine	NOUN
ertr-98	65	7	resorts	resort	NOUN
ertr-98	65	8	are	be	AUX
ertr-98	65	9	characterised	characterise	VERB
ertr-98	65	10	by	by	ADP
ertr-98	65	11	full	full	ADJ
ertr-98	65	12	winter	winter	NOUN
ertr-98	65	13	and	and	CCONJ
ertr-98	65	14	summer	summer	NOUN
ertr-98	65	15	seasons	season	NOUN
ertr-98	65	16	,	,	PUNCT
ertr-98	65	17	and	and	CCONJ
ertr-98	65	18	have	have	VERB
ertr-98	65	19	a	a	DET
ertr-98	65	20	two	two	NUM
ertr-98	65	21	-	-	PUNCT
ertr-98	65	22	peak	peak	NOUN
ertr-98	65	23	tourist	tourist	NOUN
ertr-98	65	24	season	season	NOUN
ertr-98	65	25	,	,	PUNCT
ertr-98	65	26	while	while	SCONJ
ertr-98	65	27	other	other	ADJ
ertr-98	65	28	districts	district	NOUN
ertr-98	65	29	have	have	VERB
ertr-98	65	30	only	only	ADV
ertr-98	65	31	a	a	DET
ertr-98	65	32	short	short	ADJ
ertr-98	65	33	summer	summer	NOUN
ertr-98	65	34	peak	peak	NOUN
ertr-98	65	35	season	season	NOUN
ertr-98	65	36	.	.	PUNCT
ertr-98	66	1	lastly	lastly	ADV
ertr-98	66	2	,	,	PUNCT
ertr-98	66	3	ancient	ancient	ADJ
ertr-98	66	4	towns	town	NOUN
ertr-98	66	5	enjoy	enjoy	VERB
ertr-98	66	6	a	a	DET
ertr-98	66	7	fairly	fairly	ADV
ertr-98	66	8	constant	constant	ADJ
ertr-98	66	9	arrival	arrival	NOUN
ertr-98	66	10	of	of	ADP
ertr-98	66	11	tourists	tourist	NOUN
ertr-98	66	12	throughout	throughout	ADP
ertr-98	66	13	the	the	DET
ertr-98	66	14	year	year	NOUN
ertr-98	66	15	.	.	PUNCT
ertr-98	67	1	differences	difference	NOUN
ertr-98	67	2	among	among	ADP
ertr-98	67	3	tourist	tourist	NOUN
ertr-98	67	4	districts	district	NOUN
ertr-98	67	5	are	be	AUX
ertr-98	67	6	due	due	ADJ
ertr-98	67	7	not	not	PART
ertr-98	67	8	only	only	ADV
ertr-98	67	9	to	to	ADP
ertr-98	67	10	their	their	PRON
ertr-98	67	11	endowment	endowment	NOUN
ertr-98	67	12	in	in	ADP
ertr-98	67	13	natural	natural	ADJ
ertr-98	67	14	resources	resource	NOUN
ertr-98	67	15	,	,	PUNCT
ertr-98	67	16	but	but	CCONJ
ertr-98	67	17	also	also	ADV
ertr-98	67	18	to	to	ADP
ertr-98	67	19	their	their	PRON
ertr-98	67	20	structure	structure	NOUN
ertr-98	67	21	because	because	SCONJ
ertr-98	67	22	they	they	PRON
ertr-98	67	23	are	be	AUX
ertr-98	67	24	community	community	NOUN
ertr-98	67	25	-	-	PUNCT
ertr-98	67	26	type	type	NOUN
ertr-98	67	27	destinations	destination	NOUN
ertr-98	67	28	(	(	PUNCT
ertr-98	67	29	beritelli	beritelli	NOUN
ertr-98	67	30	,	,	PUNCT
ertr-98	67	31	bieger	bieger	PROPN
ertr-98	67	32	,	,	PUNCT
ertr-98	67	33	&	&	CCONJ
ertr-98	67	34	laesser	laesser	PROPN
ertr-98	67	35	,	,	PUNCT
ertr-98	67	36	2007	2007	NUM
ertr-98	67	37	;	;	PUNCT
ertr-98	67	38	franch	franch	NOUN
ertr-98	67	39	,	,	PUNCT
ertr-98	67	40	martini	martini	NOUN
ertr-98	67	41	,	,	PUNCT
ertr-98	67	42	&	&	CCONJ
ertr-98	67	43	buffa	buffa	NOUN
ertr-98	67	44	,	,	PUNCT
ertr-98	67	45	2010	2010	NUM
ertr-98	67	46	)	)	PUNCT
ertr-98	67	47	and	and	CCONJ
ertr-98	67	48	are	be	AUX
ertr-98	67	49	therefore	therefore	ADV
ertr-98	67	50	areas	area	NOUN
ertr-98	67	51	with	with	ADP
ertr-98	67	52	a	a	DET
ertr-98	67	53	variety	variety	NOUN
ertr-98	67	54	of	of	ADP
ertr-98	67	55	autonomous	autonomous	ADJ
ertr-98	67	56	tourist	tourist	NOUN
ertr-98	67	57	operators	operator	NOUN
ertr-98	67	58	,	,	PUNCT
ertr-98	67	59	in	in	ADP
ertr-98	67	60	which	which	PRON
ertr-98	67	61	destination	destination	NOUN
ertr-98	67	62	marketing	marketing	NOUN
ertr-98	67	63	is	be	AUX
ertr-98	67	64	managed	manage	VERB
ertr-98	67	65	by	by	ADP
ertr-98	67	66	several	several	ADJ
ertr-98	67	67	local	local	ADJ
ertr-98	67	68	agencies	agency	NOUN
ertr-98	67	69	(	(	PUNCT
ertr-98	67	70	aziende	aziende	PROPN
ertr-98	67	71	di	di	X
ertr-98	67	72	promozione	promozione	PROPN
ertr-98	67	73	turistica	turistica	PROPN
ertr-98	67	74	)	)	PUNCT
ertr-98	67	75	.	.	PUNCT
ertr-98	68	1	in	in	ADP
ertr-98	68	2	these	these	DET
ertr-98	68	3	areas	area	NOUN
ertr-98	68	4	,	,	PUNCT
ertr-98	68	5	destination	destination	NOUN
ertr-98	68	6	management	management	NOUN
ertr-98	68	7	plays	play	VERB
ertr-98	68	8	a	a	DET
ertr-98	68	9	fundamental	fundamental	ADJ
ertr-98	68	10	role	role	NOUN
ertr-98	68	11	in	in	ADP
ertr-98	68	12	coordinating	coordinate	VERB
ertr-98	68	13	tourist	tourist	NOUN
ertr-98	68	14	operators	operator	NOUN
ertr-98	68	15	to	to	PART
ertr-98	68	16	achieve	achieve	VERB
ertr-98	68	17	an	an	DET
ertr-98	68	18	overall	overall	ADJ
ertr-98	68	19	image	image	NOUN
ertr-98	68	20	and	and	CCONJ
ertr-98	68	21	increase	increase	VERB
ertr-98	68	22	destination	destination	NOUN
ertr-98	68	23	package	package	NOUN
ertr-98	68	24	tours	tour	NOUN
ertr-98	68	25	.	.	PUNCT
ertr-98	69	1	the	the	DET
ertr-98	69	2	hotels	hotel	NOUN
ertr-98	69	3	are	be	AUX
ertr-98	69	4	unevenly	unevenly	ADV
ertr-98	69	5	distributed	distribute	VERB
ertr-98	69	6	in	in	ADP
ertr-98	69	7	the	the	DET
ertr-98	69	8	tourist	tourist	NOUN
ertr-98	69	9	districts	district	NOUN
ertr-98	69	10	.	.	PUNCT
ertr-98	70	1	there	there	PRON
ertr-98	70	2	are	be	VERB
ertr-98	70	3	very	very	ADV
ertr-98	70	4	many	many	ADJ
ertr-98	70	5	in	in	ADP
ertr-98	70	6	valle	valle	NOUN
ertr-98	70	7	di	di	X
ertr-98	70	8	fassa	fassa	PROPN
ertr-98	70	9	(	(	PUNCT
ertr-98	70	10	18.31	18.31	NUM
ertr-98	70	11	%	%	NOUN
ertr-98	70	12	of	of	ADP
ertr-98	70	13	the	the	DET
ertr-98	70	14	total	total	NOUN
ertr-98	70	15	in	in	ADP
ertr-98	70	16	2006	2006	NUM
ertr-98	70	17	)	)	PUNCT
ertr-98	70	18	,	,	PUNCT
ertr-98	70	19	near	near	ADP
ertr-98	70	20	lake	lake	PROPN
ertr-98	70	21	garda	garda	PROPN
ertr-98	70	22	(	(	PUNCT
ertr-98	70	23	9.75	9.75	NUM
ertr-98	70	24	%	%	NOUN
ertr-98	70	25	)	)	PUNCT
ertr-98	70	26	,	,	PUNCT
ertr-98	70	27	and	and	CCONJ
ertr-98	70	28	in	in	ADP
ertr-98	70	29	the	the	DET
ertr-98	70	30	high	high	ADJ
ertr-98	70	31	mountain	mountain	NOUN
ertr-98	70	32	resorts	resort	NOUN
ertr-98	70	33	.	.	PUNCT
ertr-98	71	1	as	as	ADP
ertr-98	71	2	regards	regard	NOUN
ertr-98	71	3	class	class	NOUN
ertr-98	71	4	,	,	PUNCT
ertr-98	71	5	measured	measure	VERB
ertr-98	71	6	as	as	ADP
ertr-98	71	7	one	one	NUM
ertr-98	71	8	to	to	PART
ertr-98	71	9	five	five	NUM
ertr-98	71	10	stars	star	NOUN
ertr-98	71	11	,	,	PUNCT
ertr-98	71	12	the	the	DET
ertr-98	71	13	majority	majority	NOUN
ertr-98	71	14	(	(	PUNCT
ertr-98	71	15	more	more	ADJ
ertr-98	71	16	than	than	ADP
ertr-98	71	17	60	60	NUM
ertr-98	71	18	%	%	NOUN
ertr-98	71	19	)	)	PUNCT
ertr-98	71	20	are	be	AUX
ertr-98	71	21	three	three	NUM
ertr-98	71	22	-	-	PUNCT
ertr-98	71	23	star	star	NOUN
ertr-98	71	24	hotels	hotel	NOUN
ertr-98	71	25	.	.	PUNCT
ertr-98	72	1	the	the	DET
ertr-98	72	2	trentino	trentino	NOUN
ertr-98	72	3	hotel	hotel	NOUN
ertr-98	72	4	industry	industry	NOUN
ertr-98	72	5	is	be	AUX
ertr-98	72	6	characterised	characterise	VERB
ertr-98	72	7	by	by	ADP
ertr-98	72	8	the	the	DET
ertr-98	72	9	widespread	widespread	ADJ
ertr-98	72	10	presence	presence	NOUN
ertr-98	72	11	of	of	ADP
ertr-98	72	12	small	small	ADJ
ertr-98	72	13	family	family	NOUN
ertr-98	72	14	firms	firm	NOUN
ertr-98	72	15	.	.	PUNCT
ertr-98	73	1	in	in	ADP
ertr-98	73	2	2006	2006	NUM
ertr-98	73	3	,	,	PUNCT
ertr-98	73	4	hotels	hotel	NOUN
ertr-98	73	5	had	have	VERB
ertr-98	73	6	an	an	DET
ertr-98	73	7	average	average	NOUN
ertr-98	73	8	of	of	ADP
ertr-98	73	9	30	30	NUM
ertr-98	73	10	rooms	room	NOUN
ertr-98	73	11	with	with	ADP
ertr-98	73	12	6.2	6.2	NUM
ertr-98	73	13	employees	employee	NOUN
ertr-98	73	14	;	;	PUNCT
ertr-98	73	15	only	only	ADV
ertr-98	73	16	15	15	NUM
ertr-98	73	17	%	%	NOUN
ertr-98	73	18	were	be	AUX
ertr-98	73	19	owned	own	VERB
ertr-98	73	20	by	by	ADP
ertr-98	73	21	limited	limited	ADJ
ertr-98	73	22	liability	liability	NOUN
ertr-98	73	23	companies	company	NOUN
ertr-98	73	24	.	.	PUNCT
ertr-98	74	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	75	1	e	e	X
ertr-98	75	2	-	-	NOUN
ertr-98	75	3	review	review	NOUN
ertr-98	75	4	of	of	ADP
ertr-98	75	5	tourism	tourism	NOUN
ertr-98	75	6	research	research	NOUN
ertr-98	75	7	(	(	PUNCT
ertr-98	75	8	ertr	ertr	NOUN
ertr-98	75	9	)	)	PUNCT
ertr-98	75	10	,	,	PUNCT
ertr-98	75	11	vol	vol	NOUN
ertr-98	75	12	.	.	PUNCT
ertr-98	75	13	14	14	NUM
ertr-98	75	14	issue	issue	NOUN
ertr-98	75	15	3.4	3.4	NUM
ertr-98	75	16	,	,	PUNCT
ertr-98	75	17	2017	2017	NUM
ertr-98	75	18	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	75	19	173	173	NUM
ertr-98	75	20	3.2	3.2	NUM
ertr-98	75	21	the	the	DET
ertr-98	75	22	policy	policy	NOUN
ertr-98	75	23	:	:	PUNCT
ertr-98	75	24	provincial	provincial	ADJ
ertr-98	75	25	law	law	NOUN
ertr-98	75	26	6/99	6/99	NUM
ertr-98	75	27	public	public	ADJ
ertr-98	75	28	intervention	intervention	NOUN
ertr-98	75	29	in	in	ADP
ertr-98	75	30	the	the	DET
ertr-98	75	31	trentino	trentino	NOUN
ertr-98	75	32	province	province	NOUN
ertr-98	75	33	is	be	AUX
ertr-98	75	34	aimed	aim	VERB
ertr-98	75	35	to	to	PART
ertr-98	75	36	promote	promote	VERB
ertr-98	75	37	the	the	DET
ertr-98	75	38	economic	economic	ADJ
ertr-98	75	39	growth	growth	NOUN
ertr-98	75	40	and	and	CCONJ
ertr-98	75	41	competitiveness	competitiveness	NOUN
ertr-98	75	42	of	of	ADP
ertr-98	75	43	the	the	DET
ertr-98	75	44	province	province	NOUN
ertr-98	75	45	.	.	PUNCT
ertr-98	76	1	with	with	ADP
ertr-98	76	2	respect	respect	NOUN
ertr-98	76	3	to	to	ADP
ertr-98	76	4	tourism	tourism	NOUN
ertr-98	76	5	,	,	PUNCT
ertr-98	76	6	the	the	DET
ertr-98	76	7	intervention	intervention	NOUN
ertr-98	76	8	consists	consist	VERB
ertr-98	76	9	of	of	ADP
ertr-98	76	10	cofinancing	cofinance	VERB
ertr-98	76	11	capital	capital	NOUN
ertr-98	76	12	investments	investment	NOUN
ertr-98	76	13	to	to	PART
ertr-98	76	14	foster	foster	VERB
ertr-98	76	15	firms	firm	NOUN
ertr-98	76	16	’	’	PART
ertr-98	76	17	renewal	renewal	NOUN
ertr-98	76	18	and	and	CCONJ
ertr-98	76	19	quality	quality	NOUN
ertr-98	76	20	upgrading	upgrading	NOUN
ertr-98	76	21	processes	process	NOUN
ertr-98	76	22	.	.	PUNCT
ertr-98	77	1	a	a	DET
ertr-98	77	2	distinguishing	distinguish	VERB
ertr-98	77	3	feature	feature	NOUN
ertr-98	77	4	of	of	ADP
ertr-98	77	5	this	this	DET
ertr-98	77	6	institutional	institutional	ADJ
ertr-98	77	7	setting	setting	NOUN
ertr-98	77	8	is	be	AUX
ertr-98	77	9	that	that	SCONJ
ertr-98	77	10	firms	firm	NOUN
ertr-98	77	11	operating	operate	VERB
ertr-98	77	12	in	in	ADP
ertr-98	77	13	the	the	DET
ertr-98	77	14	trentino	trentino	NOUN
ertr-98	77	15	province	province	NOUN
ertr-98	77	16	can	can	AUX
ertr-98	77	17	apply	apply	VERB
ertr-98	77	18	only	only	ADV
ertr-98	77	19	for	for	ADP
ertr-98	77	20	subsidies	subsidy	NOUN
ertr-98	77	21	awarded	award	VERB
ertr-98	77	22	by	by	ADP
ertr-98	77	23	the	the	DET
ertr-98	77	24	local	local	ADJ
ertr-98	77	25	government	government	NOUN
ertr-98	77	26	.	.	PUNCT
ertr-98	78	1	provincial	provincial	ADJ
ertr-98	78	2	law	law	NOUN
ertr-98	78	3	6/99	6/99	NUM
ertr-98	78	4	(	(	PUNCT
ertr-98	78	5	pl	pl	PROPN
ertr-98	78	6	6/99	6/99	NUM
ertr-98	78	7	)	)	PUNCT
ertr-98	78	8	provides	provide	VERB
ertr-98	78	9	guidelines	guideline	NOUN
ertr-98	78	10	on	on	ADP
ertr-98	78	11	the	the	DET
ertr-98	78	12	economic	economic	ADJ
ertr-98	78	13	incentives	incentive	NOUN
ertr-98	78	14	to	to	ADP
ertr-98	78	15	firms	firm	NOUN
ertr-98	78	16	operating	operate	VERB
ertr-98	78	17	in	in	ADP
ertr-98	78	18	the	the	DET
ertr-98	78	19	province	province	NOUN
ertr-98	78	20	.	.	PUNCT
ertr-98	79	1	all	all	DET
ertr-98	79	2	firms	firm	NOUN
ertr-98	79	3	operating	operate	VERB
ertr-98	79	4	in	in	ADP
ertr-98	79	5	the	the	DET
ertr-98	79	6	trentino	trentino	NOUN
ertr-98	79	7	province	province	NOUN
ertr-98	79	8	can	can	AUX
ertr-98	79	9	apply	apply	VERB
ertr-98	79	10	for	for	ADP
ertr-98	79	11	pl	pl	PROPN
ertr-98	79	12	6/99	6/99	NUM
ertr-98	79	13	grants	grant	NOUN
ertr-98	79	14	by	by	ADP
ertr-98	79	15	submitting	submit	VERB
ertr-98	79	16	a	a	DET
ertr-98	79	17	project	project	NOUN
ertr-98	79	18	to	to	ADP
ertr-98	79	19	the	the	DET
ertr-98	79	20	local	local	ADJ
ertr-98	79	21	authority	authority	NOUN
ertr-98	79	22	.	.	PUNCT
ertr-98	80	1	although	although	SCONJ
ertr-98	80	2	there	there	PRON
ertr-98	80	3	is	be	VERB
ertr-98	80	4	no	no	DET
ertr-98	80	5	deadline	deadline	NOUN
ertr-98	80	6	for	for	ADP
ertr-98	80	7	submission	submission	NOUN
ertr-98	80	8	during	during	ADP
ertr-98	80	9	the	the	DET
ertr-98	80	10	calendar	calendar	NOUN
ertr-98	80	11	year	year	NOUN
ertr-98	80	12	,	,	PUNCT
ertr-98	80	13	a	a	DET
ertr-98	80	14	first	first	ADJ
ertr-98	80	15	-	-	PUNCT
ertr-98	80	16	in	in	ADP
ertr-98	80	17	-	-	PUNCT
ertr-98	80	18	first	first	ADJ
ertr-98	80	19	-	-	PUNCT
ertr-98	80	20	out	out	ADP
ertr-98	80	21	criterion	criterion	NOUN
ertr-98	80	22	is	be	AUX
ertr-98	80	23	used	use	VERB
ertr-98	80	24	to	to	PART
ertr-98	80	25	assign	assign	VERB
ertr-98	80	26	financial	financial	ADJ
ertr-98	80	27	resources	resource	NOUN
ertr-98	80	28	,	,	PUNCT
ertr-98	80	29	meaning	mean	VERB
ertr-98	80	30	that	that	SCONJ
ertr-98	80	31	some	some	DET
ertr-98	80	32	firms	firm	NOUN
ertr-98	80	33	may	may	AUX
ertr-98	80	34	be	be	AUX
ertr-98	80	35	refused	refuse	VERB
ertr-98	80	36	once	once	SCONJ
ertr-98	80	37	the	the	DET
ertr-98	80	38	budget	budget	NOUN
ertr-98	80	39	is	be	AUX
ertr-98	80	40	exhausted	exhausted	ADJ
ertr-98	80	41	.	.	PUNCT
ertr-98	81	1	there	there	PRON
ertr-98	81	2	are	be	VERB
ertr-98	81	3	two	two	NUM
ertr-98	81	4	types	type	NOUN
ertr-98	81	5	of	of	ADP
ertr-98	81	6	evaluation	evaluation	NOUN
ertr-98	81	7	mechanisms	mechanism	NOUN
ertr-98	81	8	,	,	PUNCT
ertr-98	81	9	basically	basically	ADV
ertr-98	81	10	determined	determine	VERB
ertr-98	81	11	by	by	ADP
ertr-98	81	12	the	the	DET
ertr-98	81	13	magnitude	magnitude	NOUN
ertr-98	81	14	of	of	ADP
ertr-98	81	15	the	the	DET
ertr-98	81	16	investment	investment	NOUN
ertr-98	81	17	:	:	PUNCT
ertr-98	81	18	selective	selective	ADJ
ertr-98	81	19	and	and	CCONJ
ertr-98	81	20	automatic	automatic	ADJ
ertr-98	81	21	.	.	PUNCT
ertr-98	82	1	through	through	ADP
ertr-98	82	2	the	the	DET
ertr-98	82	3	selective	selective	ADJ
ertr-98	82	4	mechanism	mechanism	NOUN
ertr-98	82	5	,	,	PUNCT
ertr-98	82	6	once	once	ADV
ertr-98	82	7	a	a	DET
ertr-98	82	8	hotel	hotel	NOUN
ertr-98	82	9	applies	apply	VERB
ertr-98	82	10	for	for	ADP
ertr-98	82	11	a	a	DET
ertr-98	82	12	grant	grant	NOUN
ertr-98	82	13	,	,	PUNCT
ertr-98	82	14	its	its	PRON
ertr-98	82	15	application	application	NOUN
ertr-98	82	16	is	be	AUX
ertr-98	82	17	examined	examine	VERB
ertr-98	82	18	for	for	ADP
ertr-98	82	19	its	its	PRON
ertr-98	82	20	economic	economic	ADJ
ertr-98	82	21	viability	viability	NOUN
ertr-98	82	22	and	and	CCONJ
ertr-98	82	23	financial	financial	ADJ
ertr-98	82	24	sustainability	sustainability	NOUN
ertr-98	82	25	.	.	PUNCT
ertr-98	83	1	only	only	ADV
ertr-98	83	2	if	if	SCONJ
ertr-98	83	3	the	the	DET
ertr-98	83	4	project	project	NOUN
ertr-98	83	5	receives	receive	VERB
ertr-98	83	6	a	a	DET
ertr-98	83	7	positive	positive	ADJ
ertr-98	83	8	assessment	assessment	NOUN
ertr-98	83	9	can	can	AUX
ertr-98	83	10	it	it	PRON
ertr-98	83	11	be	be	AUX
ertr-98	83	12	co	co	VERB
ertr-98	83	13	-	-	VERB
ertr-98	83	14	financed	finance	VERB
ertr-98	83	15	by	by	ADP
ertr-98	83	16	the	the	DET
ertr-98	83	17	local	local	ADJ
ertr-98	83	18	government	government	NOUN
ertr-98	83	19	.	.	PUNCT
ertr-98	84	1	in	in	ADP
ertr-98	84	2	contrast	contrast	NOUN
ertr-98	84	3	,	,	PUNCT
ertr-98	84	4	automatic	automatic	ADJ
ertr-98	84	5	subsidies	subsidy	NOUN
ertr-98	84	6	are	be	AUX
ertr-98	84	7	granted	grant	VERB
ertr-98	84	8	only	only	ADV
ertr-98	84	9	after	after	ADP
ertr-98	84	10	checking	check	VERB
ertr-98	84	11	that	that	SCONJ
ertr-98	84	12	the	the	DET
ertr-98	84	13	applicant	applicant	NOUN
ertr-98	84	14	meets	meet	VERB
ertr-98	84	15	the	the	DET
ertr-98	84	16	requirements	requirement	NOUN
ertr-98	84	17	dictated	dictate	VERB
ertr-98	84	18	by	by	ADP
ertr-98	84	19	the	the	DET
ertr-98	84	20	law	law	NOUN
ertr-98	84	21	.	.	PUNCT
ertr-98	85	1	the	the	DET
ertr-98	85	2	co	co	NOUN
ertr-98	85	3	-	-	ADJ
ertr-98	85	4	financed	finance	VERB
ertr-98	85	5	part	part	NOUN
ertr-98	85	6	of	of	ADP
ertr-98	85	7	the	the	DET
ertr-98	85	8	investment	investment	NOUN
ertr-98	85	9	is	be	AUX
ertr-98	85	10	up	up	ADP
ertr-98	85	11	to	to	PART
ertr-98	85	12	35	35	NUM
ertr-98	85	13	%	%	NOUN
ertr-98	85	14	of	of	ADP
ertr-98	85	15	the	the	DET
ertr-98	85	16	total	total	ADJ
ertr-98	85	17	amount	amount	NOUN
ertr-98	85	18	needed	need	VERB
ertr-98	85	19	,	,	PUNCT
ertr-98	85	20	depending	depend	VERB
ertr-98	85	21	on	on	ADP
ertr-98	85	22	hotel	hotel	NOUN
ertr-98	85	23	size	size	NOUN
ertr-98	85	24	(	(	PUNCT
ertr-98	85	25	smaller	small	ADJ
ertr-98	85	26	hotels	hotel	NOUN
ertr-98	85	27	receive	receive	VERB
ertr-98	85	28	more	more	ADJ
ertr-98	85	29	aids	aid	NOUN
ertr-98	85	30	)	)	PUNCT
ertr-98	85	31	.	.	PUNCT
ertr-98	86	1	the	the	DET
ertr-98	86	2	median	median	ADJ
ertr-98	86	3	value	value	NOUN
ertr-98	86	4	of	of	ADP
ertr-98	86	5	co	co	NOUN
ertr-98	86	6	-	-	NOUN
ertr-98	86	7	financing	financing	ADJ
ertr-98	86	8	observed	observe	VERB
ertr-98	86	9	in	in	ADP
ertr-98	86	10	our	our	PRON
ertr-98	86	11	database	database	NOUN
ertr-98	86	12	is	be	AUX
ertr-98	86	13	about	about	ADV
ertr-98	86	14	25.000	25.000	NUM
ertr-98	86	15	euros	euro	NOUN
ertr-98	86	16	.	.	PUNCT
ertr-98	87	1	3.3	3.3	NUM
ertr-98	87	2	the	the	DET
ertr-98	87	3	econometric	econometric	ADJ
ertr-98	87	4	framework	framework	NOUN
ertr-98	87	5	the	the	DET
ertr-98	87	6	econometric	econometric	ADJ
ertr-98	87	7	framework	framework	NOUN
ertr-98	87	8	is	be	AUX
ertr-98	87	9	based	base	VERB
ertr-98	87	10	on	on	ADP
ertr-98	87	11	rubin	rubin	PROPN
ertr-98	87	12	’s	’s	PART
ertr-98	87	13	causal	causal	PROPN
ertr-98	87	14	model	model	NOUN
ertr-98	87	15	(	(	PUNCT
ertr-98	87	16	rubin	rubin	PROPN
ertr-98	87	17	,	,	PUNCT
ertr-98	87	18	1977	1977	NUM
ertr-98	87	19	,	,	PUNCT
ertr-98	87	20	1986	1986	NUM
ertr-98	87	21	)	)	PUNCT
ertr-98	87	22	.	.	PUNCT
ertr-98	88	1	as	as	ADP
ertr-98	88	2	in	in	ADP
ertr-98	88	3	rubin	rubin	PROPN
ertr-98	88	4	’s	’s	PART
ertr-98	88	5	standard	standard	PROPN
ertr-98	88	6	model	model	NOUN
ertr-98	88	7	,	,	PUNCT
ertr-98	88	8	the	the	DET
ertr-98	88	9	identification	identification	NOUN
ertr-98	88	10	and	and	CCONJ
ertr-98	88	11	estimation	estimation	NOUN
ertr-98	88	12	of	of	ADP
ertr-98	88	13	treatment	treatment	NOUN
ertr-98	88	14	is	be	AUX
ertr-98	88	15	based	base	VERB
ertr-98	88	16	on	on	ADP
ertr-98	88	17	a	a	DET
ertr-98	88	18	set	set	NOUN
ertr-98	88	19	of	of	ADP
ertr-98	88	20	assumptions	assumption	NOUN
ertr-98	88	21	:	:	PUNCT
ertr-98	88	22	(	(	PUNCT
ertr-98	88	23	a	a	X
ertr-98	88	24	)	)	PUNCT
ertr-98	88	25	the	the	DET
ertr-98	88	26	conditional	conditional	ADJ
ertr-98	88	27	independence	independence	NOUN
ertr-98	88	28	,	,	PUNCT
ertr-98	88	29	(	(	PUNCT
ertr-98	88	30	b	b	X
ertr-98	88	31	)	)	PUNCT
ertr-98	88	32	the	the	DET
ertr-98	88	33	probability	probability	NOUN
ertr-98	88	34	of	of	ADP
ertr-98	88	35	assignment	assignment	NOUN
ertr-98	88	36	is	be	AUX
ertr-98	88	37	bounded	bound	VERB
ertr-98	88	38	away	away	ADV
ertr-98	88	39	from	from	ADP
ertr-98	88	40	one	one	NUM
ertr-98	88	41	(	(	PUNCT
ertr-98	88	42	overlap	overlap	NOUN
ertr-98	88	43	)	)	PUNCT
ertr-98	88	44	,	,	PUNCT
ertr-98	88	45	(	(	PUNCT
ertr-98	88	46	c	c	X
ertr-98	88	47	)	)	PUNCT
ertr-98	88	48	potential	potential	ADJ
ertr-98	88	49	outcomes	outcome	NOUN
ertr-98	88	50	are	be	AUX
ertr-98	88	51	fixed	fix	VERB
ertr-98	88	52	and	and	CCONJ
ertr-98	88	53	one	one	NUM
ertr-98	88	54	-	-	PUNCT
ertr-98	88	55	dimensional	dimensional	ADJ
ertr-98	88	56	and	and	CCONJ
ertr-98	88	57	each	each	DET
ertr-98	88	58	treated	treat	VERB
ertr-98	88	59	unit	unit	NOUN
ertr-98	88	60	receives	receive	VERB
ertr-98	88	61	the	the	DET
ertr-98	88	62	same	same	ADJ
ertr-98	88	63	type	type	NOUN
ertr-98	88	64	of	of	ADP
ertr-98	88	65	treatment	treatment	NOUN
ertr-98	88	66	.	.	PUNCT
ertr-98	89	1	the	the	DET
ertr-98	89	2	estimation	estimation	NOUN
ertr-98	89	3	of	of	ADP
ertr-98	89	4	the	the	DET
ertr-98	89	5	effect	effect	NOUN
ertr-98	89	6	of	of	ADP
ertr-98	89	7	a	a	DET
ertr-98	89	8	policy	policy	NOUN
ertr-98	89	9	http://ertr.tamu.edu/	http://ertr.tamu.edu/	ADJ
ertr-98	89	10	e	e	NOUN
ertr-98	89	11	-	-	NOUN
ertr-98	89	12	review	review	NOUN
ertr-98	89	13	of	of	ADP
ertr-98	89	14	tourism	tourism	NOUN
ertr-98	89	15	research	research	NOUN
ertr-98	89	16	(	(	PUNCT
ertr-98	89	17	ertr	ertr	NOUN
ertr-98	89	18	)	)	PUNCT
ertr-98	89	19	,	,	PUNCT
ertr-98	89	20	vol	vol	NOUN
ertr-98	89	21	.	.	PUNCT
ertr-98	89	22	14	14	NUM
ertr-98	89	23	issue	issue	NOUN
ertr-98	89	24	3.4	3.4	NUM
ertr-98	89	25	,	,	PUNCT
ertr-98	89	26	2017	2017	NUM
ertr-98	89	27	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	89	28	174	174	NUM
ertr-98	89	29	on	on	ADP
ertr-98	89	30	an	an	DET
ertr-98	89	31	objective	objective	ADJ
ertr-98	89	32	variable	variable	NOUN
ertr-98	89	33	is	be	AUX
ertr-98	89	34	problematic	problematic	ADJ
ertr-98	89	35	given	give	VERB
ertr-98	89	36	that	that	SCONJ
ertr-98	89	37	grants	grant	NOUN
ertr-98	89	38	can	can	AUX
ertr-98	89	39	not	not	PART
ertr-98	89	40	be	be	AUX
ertr-98	89	41	assumed	assume	VERB
ertr-98	89	42	to	to	PART
ertr-98	89	43	be	be	AUX
ertr-98	89	44	randomly	randomly	ADV
ertr-98	89	45	assigned	assign	VERB
ertr-98	89	46	to	to	ADP
ertr-98	89	47	firms	firm	NOUN
ertr-98	89	48	.	.	PUNCT
ertr-98	90	1	in	in	ADP
ertr-98	90	2	our	our	PRON
ertr-98	90	3	context	context	NOUN
ertr-98	90	4	,	,	PUNCT
ertr-98	90	5	some	some	DET
ertr-98	90	6	hotels	hotel	NOUN
ertr-98	90	7	may	may	AUX
ertr-98	90	8	be	be	AUX
ertr-98	90	9	more	more	ADV
ertr-98	90	10	likely	likely	ADJ
ertr-98	90	11	to	to	PART
ertr-98	90	12	apply	apply	VERB
ertr-98	90	13	for	for	ADP
ertr-98	90	14	a	a	DET
ertr-98	90	15	public	public	ADJ
ertr-98	90	16	subsidy	subsidy	NOUN
ertr-98	90	17	than	than	ADP
ertr-98	90	18	others	other	NOUN
ertr-98	90	19	,	,	PUNCT
ertr-98	90	20	resulting	result	VERB
ertr-98	90	21	in	in	ADP
ertr-98	90	22	selection	selection	NOUN
ertr-98	90	23	bias	bias	NOUN
ertr-98	90	24	(	(	PUNCT
ertr-98	90	25	bernini	bernini	PROPN
ertr-98	90	26	&	&	CCONJ
ertr-98	90	27	pellegrini	pellegrini	PROPN
ertr-98	90	28	,	,	PUNCT
ertr-98	90	29	2013	2013	NUM
ertr-98	90	30	)	)	PUNCT
ertr-98	90	31	.	.	PUNCT
ertr-98	91	1	the	the	DET
ertr-98	91	2	causal	causal	ADJ
ertr-98	91	3	effect	effect	NOUN
ertr-98	91	4	of	of	ADP
ertr-98	91	5	a	a	DET
ertr-98	91	6	subsidy	subsidy	NOUN
ertr-98	91	7	on	on	ADP
ertr-98	91	8	a	a	DET
ertr-98	91	9	hotel	hotel	NOUN
ertr-98	91	10	’s	’s	PART
ertr-98	91	11	performance	performance	NOUN
ertr-98	91	12	should	should	AUX
ertr-98	91	13	be	be	AUX
ertr-98	91	14	estimated	estimate	VERB
ertr-98	91	15	by	by	ADP
ertr-98	91	16	comparing	compare	VERB
ertr-98	91	17	the	the	DET
ertr-98	91	18	performance	performance	NOUN
ertr-98	91	19	outcome	outcome	NOUN
ertr-98	91	20	if	if	SCONJ
ertr-98	91	21	the	the	DET
ertr-98	91	22	hotel	hotel	NOUN
ertr-98	91	23	receives	receive	VERB
ertr-98	91	24	the	the	DET
ertr-98	91	25	treatment	treatment	NOUN
ertr-98	91	26	(	(	PUNCT
ertr-98	91	27	the	the	DET
ertr-98	91	28	potential	potential	ADJ
ertr-98	91	29	outcome	outcome	NOUN
ertr-98	91	30	under	under	ADP
ertr-98	91	31	treatment	treatment	NOUN
ertr-98	91	32	)	)	PUNCT
ertr-98	91	33	,	,	PUNCT
ertr-98	91	34	yi(1	yi(1	NOUN
ertr-98	91	35	)	)	PUNCT
ertr-98	91	36	,	,	PUNCT
ertr-98	91	37	and	and	CCONJ
ertr-98	91	38	the	the	DET
ertr-98	91	39	outcome	outcome	NOUN
ertr-98	91	40	if	if	SCONJ
ertr-98	91	41	the	the	DET
ertr-98	91	42	hotel	hotel	NOUN
ertr-98	91	43	receives	receive	VERB
ertr-98	91	44	the	the	DET
ertr-98	91	45	control	control	NOUN
ertr-98	91	46	(	(	PUNCT
ertr-98	91	47	the	the	DET
ertr-98	91	48	potential	potential	ADJ
ertr-98	91	49	outcome	outcome	NOUN
ertr-98	91	50	under	under	ADP
ertr-98	91	51	control	control	NOUN
ertr-98	91	52	)	)	PUNCT
ertr-98	91	53	,	,	PUNCT
ertr-98	91	54	yi(0	yi(0	PROPN
ertr-98	91	55	)	)	PUNCT
ertr-98	91	56	.	.	PUNCT
ertr-98	92	1	we	we	PRON
ertr-98	92	2	used	use	VERB
ertr-98	92	3	the	the	DET
ertr-98	92	4	nearest	near	ADJ
ertr-98	92	5	neighbour	neighbour	ADJ
ertr-98	92	6	matching	matching	NOUN
ertr-98	92	7	estimator	estimator	NOUN
ertr-98	92	8	introduced	introduce	VERB
ertr-98	92	9	by	by	ADP
ertr-98	92	10	abadie	abadie	PROPN
ertr-98	92	11	and	and	CCONJ
ertr-98	92	12	imbens	imben	NOUN
ertr-98	92	13	(	(	PUNCT
ertr-98	92	14	2002	2002	NUM
ertr-98	92	15	)	)	PUNCT
ertr-98	92	16	and	and	CCONJ
ertr-98	92	17	imbens	imben	NOUN
ertr-98	92	18	(	(	PUNCT
ertr-98	92	19	2004	2004	NUM
ertr-98	92	20	)	)	PUNCT
ertr-98	92	21	that	that	PRON
ertr-98	92	22	summarises	summarise	VERB
ertr-98	92	23	information	information	NOUN
ertr-98	92	24	from	from	ADP
ertr-98	92	25	multiple	multiple	ADJ
ertr-98	92	26	variables	variable	NOUN
ertr-98	92	27	in	in	ADP
ertr-98	92	28	a	a	DET
ertr-98	92	29	single	single	ADJ
ertr-98	92	30	index	index	NOUN
ertr-98	92	31	.	.	PUNCT
ertr-98	93	1	moreover	moreover	ADV
ertr-98	93	2	,	,	PUNCT
ertr-98	93	3	in	in	ADP
ertr-98	93	4	order	order	NOUN
ertr-98	93	5	to	to	PART
ertr-98	93	6	fully	fully	ADV
ertr-98	93	7	exploit	exploit	VERB
ertr-98	93	8	a	a	DET
ertr-98	93	9	longitudinal	longitudinal	ADJ
ertr-98	93	10	setting	setting	NOUN
ertr-98	93	11	,	,	PUNCT
ertr-98	93	12	we	we	PRON
ertr-98	93	13	extended	extend	VERB
ertr-98	93	14	the	the	DET
ertr-98	93	15	crosssectional	crosssectional	ADJ
ertr-98	93	16	matching	matching	NOUN
ertr-98	93	17	estimator	estimator	NOUN
ertr-98	93	18	by	by	ADP
ertr-98	93	19	implementing	implement	VERB
ertr-98	93	20	a	a	DET
ertr-98	93	21	conditional	conditional	ADJ
ertr-98	93	22	difference	difference	NOUN
ertr-98	93	23	-	-	PUNCT
ertr-98	93	24	in	in	ADP
ertr-98	93	25	-	-	PUNCT
ertr-98	93	26	differences	difference	NOUN
ertr-98	93	27	matching	matching	NOUN
ertr-98	93	28	estimator	estimator	NOUN
ertr-98	93	29	(	(	PUNCT
ertr-98	93	30	cdid	cdid	VERB
ertr-98	93	31	):	):	PUNCT
ertr-98	93	32	d̂cdid	d̂cdid	NOUN
ertr-98	93	33	=	=	SYM
ertr-98	93	34	1	1	NUM
ertr-98	93	35	n1	n1	NOUN
ertr-98	93	36	yt1i	yt1i	PROPN
ertr-98	93	37	1	1	NUM
ertr-98	93	38	(	(	PUNCT
ertr-98	93	39	)	)	PUNCT
ertr-98	94	1	-yt0i	-yt0i	X
ertr-98	94	2	0	0	NUM
ertr-98	94	3	(	(	PUNCT
ertr-98	94	4	)	)	PUNCT
ertr-98	94	5	éë	éë	PROPN
ertr-98	94	6	ùûwij	ùûwij	PROPN
ertr-98	94	7	yt1	yt1	PROPN
ertr-98	94	8	j	j	PROPN
ertr-98	94	9	0	0	PROPN
ertr-98	94	10	(	(	PUNCT
ertr-98	94	11	)	)	PUNCT
ertr-98	94	12	-yt0	-yt0	VERB
ertr-98	94	13	j	j	PROPN
ertr-98	94	14	0	0	NUM
ertr-98	94	15	(	(	PUNCT
ertr-98	94	16	)	)	PUNCT
ertr-98	95	1	éë	éë	PROPN
ertr-98	95	2	ùû	ùû	ADV
ertr-98	96	1	jîi0çsp	jîi0çsp	ADP
ertr-98	96	2	å	å	PROPN
ertr-98	96	3	ì	ì	X
ertr-98	96	4	í	í	NOUN
ertr-98	96	5	ï	ï	X
ertr-98	96	6	îï	îï	NOUN
ertr-98	96	7	ü	ü	PROPN
ertr-98	96	8	ý	ý	X
ertr-98	96	9	ï	ï	X
ertr-98	96	10	þïiîiiçsp	þïiîiiçsp	NOUN
ertr-98	96	11	å	å	X
ertr-98	96	12	(	(	PUNCT
ertr-98	96	13	1	1	NUM
ertr-98	96	14	)	)	PUNCT
ertr-98	96	15	where	where	SCONJ
ertr-98	96	16	n1	n1	PROPN
ertr-98	96	17	is	be	AUX
ertr-98	96	18	the	the	DET
ertr-98	96	19	number	number	NOUN
ertr-98	96	20	of	of	ADP
ertr-98	96	21	treated	treat	VERB
ertr-98	96	22	firms	firm	NOUN
ertr-98	96	23	;	;	PUNCT
ertr-98	96	24	yt0i	yt0i	PROPN
ertr-98	96	25	,	,	PUNCT
ertr-98	96	26	yt1i	yt1i	PROPN
ertr-98	96	27	are	be	AUX
ertr-98	96	28	the	the	DET
ertr-98	96	29	values	value	NOUN
ertr-98	96	30	of	of	ADP
ertr-98	96	31	the	the	DET
ertr-98	96	32	outcome	outcome	NOUN
ertr-98	96	33	variable	variable	NOUN
ertr-98	96	34	respectively	respectively	ADV
ertr-98	96	35	before	before	ADP
ertr-98	96	36	and	and	CCONJ
ertr-98	96	37	after	after	ADP
ertr-98	96	38	the	the	DET
ertr-98	96	39	treatment	treatment	NOUN
ertr-98	96	40	for	for	ADP
ertr-98	96	41	firm	firm	ADJ
ertr-98	96	42	i	i	PRON
ertr-98	96	43	in	in	ADP
ertr-98	96	44	the	the	DET
ertr-98	96	45	treated	treat	VERB
ertr-98	96	46	group	group	NOUN
ertr-98	96	47	(	(	PUNCT
ertr-98	96	48	i1	i1	PROPN
ertr-98	96	49	)	)	PUNCT
ertr-98	96	50	;	;	PUNCT
ertr-98	96	51	yt0j	yt0j	PROPN
ertr-98	96	52	,	,	PUNCT
ertr-98	96	53	yt1j	yt1j	PROPN
ertr-98	96	54	are	be	AUX
ertr-98	96	55	the	the	DET
ertr-98	96	56	values	value	NOUN
ertr-98	96	57	of	of	ADP
ertr-98	96	58	the	the	DET
ertr-98	96	59	objective	objective	ADJ
ertr-98	96	60	variable	variable	NOUN
ertr-98	96	61	respectively	respectively	ADV
ertr-98	96	62	before	before	ADP
ertr-98	96	63	and	and	CCONJ
ertr-98	96	64	after	after	ADP
ertr-98	96	65	the	the	DET
ertr-98	96	66	treatment	treatment	NOUN
ertr-98	96	67	for	for	ADP
ertr-98	96	68	firm	firm	ADJ
ertr-98	96	69	j	j	PROPN
ertr-98	96	70	in	in	ADP
ertr-98	96	71	the	the	DET
ertr-98	96	72	control	control	NOUN
ertr-98	96	73	group	group	NOUN
ertr-98	96	74	(	(	PUNCT
ertr-98	96	75	i0	i0	PROPN
ertr-98	96	76	)	)	PUNCT
ertr-98	96	77	;	;	PUNCT
ertr-98	96	78	and	and	CCONJ
ertr-98	96	79	wij	wij	PROPN
ertr-98	96	80	represents	represent	VERB
ertr-98	96	81	the	the	DET
ertr-98	96	82	weights	weight	NOUN
ertr-98	96	83	and	and	CCONJ
ertr-98	96	84	depends	depend	VERB
ertr-98	96	85	on	on	ADP
ertr-98	96	86	the	the	DET
ertr-98	96	87	particular	particular	ADJ
ertr-98	96	88	crosssectional	crosssectional	ADJ
ertr-98	96	89	matching	matching	NOUN
ertr-98	96	90	estimator	estimator	NOUN
ertr-98	96	91	employed	employ	VERB
ertr-98	96	92	.	.	PUNCT
ertr-98	97	1	the	the	DET
ertr-98	97	2	cdid	cdid	ADJ
ertr-98	97	3	estimator	estimator	NOUN
ertr-98	97	4	allowed	allow	VERB
ertr-98	97	5	us	we	PRON
ertr-98	97	6	to	to	PART
ertr-98	97	7	control	control	VERB
ertr-98	97	8	also	also	ADV
ertr-98	97	9	for	for	ADP
ertr-98	97	10	temporally	temporally	ADV
ertr-98	97	11	invariant	invariant	ADJ
ertr-98	97	12	differences	difference	NOUN
ertr-98	97	13	in	in	ADP
ertr-98	97	14	outcomes	outcome	NOUN
ertr-98	97	15	between	between	ADP
ertr-98	97	16	treated	treat	VERB
ertr-98	97	17	and	and	CCONJ
ertr-98	97	18	non	non	ADJ
ertr-98	97	19	-	-	ADJ
ertr-98	97	20	treated	treat	VERB
ertr-98	97	21	firms	firm	NOUN
ertr-98	97	22	(	(	PUNCT
ertr-98	97	23	smith	smith	PROPN
ertr-98	97	24	&	&	CCONJ
ertr-98	97	25	todd	todd	PROPN
ertr-98	97	26	,	,	PUNCT
ertr-98	97	27	2005	2005	NUM
ertr-98	97	28	)	)	PUNCT
ertr-98	97	29	.	.	PUNCT
ertr-98	98	1	the	the	DET
ertr-98	98	2	control	control	NOUN
ertr-98	98	3	group	group	NOUN
ertr-98	98	4	used	use	VERB
ertr-98	98	5	in	in	ADP
ertr-98	98	6	the	the	DET
ertr-98	98	7	cdid	cdid	PROPN
ertr-98	98	8	is	be	AUX
ertr-98	98	9	the	the	DET
ertr-98	98	10	sample	sample	NOUN
ertr-98	98	11	of	of	ADP
ertr-98	98	12	m	m	PROPN
ertr-98	98	13	non	non	ADJ
ertr-98	98	14	-	-	ADJ
ertr-98	98	15	subsidised	subsidised	ADJ
ertr-98	98	16	hotels	hotel	NOUN
ertr-98	98	17	which	which	PRON
ertr-98	98	18	are	be	AUX
ertr-98	98	19	matched	match	VERB
ertr-98	98	20	to	to	ADP
ertr-98	98	21	the	the	DET
ertr-98	98	22	treated	treat	VERB
ertr-98	98	23	hotel	hotel	NOUN
ertr-98	98	24	i	i	PRON
ertr-98	98	25	in	in	ADP
ertr-98	98	26	the	the	DET
ertr-98	98	27	period	period	NOUN
ertr-98	98	28	(	(	PUNCT
ertr-98	98	29	t0	t0	NOUN
ertr-98	98	30	)	)	PUNCT
ertr-98	98	31	before	before	ADP
ertr-98	98	32	receiving	receive	VERB
ertr-98	98	33	the	the	DET
ertr-98	98	34	treatment	treatment	NOUN
ertr-98	98	35	.	.	PUNCT
ertr-98	99	1	we	we	PRON
ertr-98	99	2	then	then	ADV
ertr-98	99	3	compared	compare	VERB
ertr-98	99	4	the	the	DET
ertr-98	99	5	differences	difference	NOUN
ertr-98	99	6	in	in	ADP
ertr-98	99	7	performance	performance	NOUN
ertr-98	99	8	before	before	ADP
ertr-98	99	9	(	(	PUNCT
ertr-98	99	10	t0	t0	NOUN
ertr-98	99	11	)	)	PUNCT
ertr-98	99	12	and	and	CCONJ
ertr-98	99	13	after	after	ADP
ertr-98	99	14	the	the	DET
ertr-98	99	15	treatment	treatment	NOUN
ertr-98	99	16	(	(	PUNCT
ertr-98	99	17	t1	t1	NOUN
ertr-98	99	18	)	)	PUNCT
ertr-98	99	19	of	of	ADP
ertr-98	99	20	the	the	DET
ertr-98	99	21	two	two	NUM
ertr-98	99	22	groups	group	NOUN
ertr-98	99	23	.	.	PUNCT
ertr-98	100	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	101	1	e	e	X
ertr-98	101	2	-	-	NOUN
ertr-98	101	3	review	review	NOUN
ertr-98	101	4	of	of	ADP
ertr-98	101	5	tourism	tourism	NOUN
ertr-98	101	6	research	research	NOUN
ertr-98	101	7	(	(	PUNCT
ertr-98	101	8	ertr	ertr	NOUN
ertr-98	101	9	)	)	PUNCT
ertr-98	101	10	,	,	PUNCT
ertr-98	101	11	vol	vol	NOUN
ertr-98	101	12	.	.	PUNCT
ertr-98	101	13	14	14	NUM
ertr-98	101	14	issue	issue	NOUN
ertr-98	101	15	3.4	3.4	NUM
ertr-98	101	16	,	,	PUNCT
ertr-98	101	17	2017	2017	NUM
ertr-98	101	18	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	101	19	175	175	NUM
ertr-98	101	20	4	4	NUM
ertr-98	101	21	.	.	PUNCT
ertr-98	101	22	data	datum	NOUN
ertr-98	101	23	and	and	CCONJ
ertr-98	101	24	empirical	empirical	ADJ
ertr-98	101	25	setting	set	VERB
ertr-98	101	26	4.1	4.1	NUM
ertr-98	101	27	database	database	NOUN
ertr-98	101	28	construction	construction	NOUN
ertr-98	101	29	we	we	PRON
ertr-98	101	30	relied	rely	VERB
ertr-98	101	31	on	on	ADP
ertr-98	101	32	several	several	ADJ
ertr-98	101	33	sources	source	NOUN
ertr-98	101	34	to	to	PART
ertr-98	101	35	construct	construct	VERB
ertr-98	101	36	the	the	DET
ertr-98	101	37	database	database	NOUN
ertr-98	101	38	.	.	PUNCT
ertr-98	102	1	administrative	administrative	ADJ
ertr-98	102	2	archives	archive	NOUN
ertr-98	102	3	,	,	PUNCT
ertr-98	102	4	held	hold	VERB
ertr-98	102	5	by	by	ADP
ertr-98	102	6	the	the	DET
ertr-98	102	7	local	local	ADJ
ertr-98	102	8	government	government	NOUN
ertr-98	102	9	,	,	PUNCT
ertr-98	102	10	were	be	AUX
ertr-98	102	11	the	the	DET
ertr-98	102	12	primary	primary	ADJ
ertr-98	102	13	source	source	NOUN
ertr-98	102	14	of	of	ADP
ertr-98	102	15	information	information	NOUN
ertr-98	102	16	on	on	ADP
ertr-98	102	17	hotels	hotel	NOUN
ertr-98	102	18	receiving	receive	VERB
ertr-98	102	19	grants	grant	NOUN
ertr-98	102	20	.	.	PUNCT
ertr-98	103	1	primary	primary	ADJ
ertr-98	103	2	data	datum	NOUN
ertr-98	103	3	on	on	ADP
ertr-98	103	4	firms	firm	NOUN
ertr-98	103	5	’	'	PUNCT
ertr-98	103	6	applications	application	NOUN
ertr-98	103	7	for	for	ADP
ertr-98	103	8	public	public	ADJ
ertr-98	103	9	subsidies	subsidy	NOUN
ertr-98	103	10	come	come	VERB
ertr-98	103	11	from	from	ADP
ertr-98	103	12	the	the	DET
ertr-98	103	13	apiae	apiae	NOUN
ertr-98	103	14	(	(	PUNCT
ertr-98	103	15	agenzia	agenzia	NOUN
ertr-98	103	16	provinciale	provinciale	NOUN
ertr-98	103	17	per	per	ADP
ertr-98	103	18	l’incentivazione	l’incentivazione	PROPN
ertr-98	103	19	attività	attività	PROPN
ertr-98	103	20	economiche	economiche	PROPN
ertr-98	103	21	)	)	PUNCT
ertr-98	103	22	,	,	PUNCT
ertr-98	103	23	the	the	DET
ertr-98	103	24	administrative	administrative	ADJ
ertr-98	103	25	body	body	NOUN
ertr-98	103	26	that	that	PRON
ertr-98	103	27	manages	manage	VERB
ertr-98	103	28	the	the	DET
ertr-98	103	29	subsidisation	subsidisation	NOUN
ertr-98	103	30	programme	programme	NOUN
ertr-98	103	31	on	on	ADP
ertr-98	103	32	behalf	behalf	NOUN
ertr-98	103	33	of	of	ADP
ertr-98	103	34	the	the	DET
ertr-98	103	35	local	local	ADJ
ertr-98	103	36	government	government	NOUN
ertr-98	103	37	.	.	PUNCT
ertr-98	104	1	we	we	PRON
ertr-98	104	2	considered	consider	VERB
ertr-98	104	3	subsidies	subsidy	NOUN
ertr-98	104	4	granted	grant	VERB
ertr-98	104	5	through	through	ADP
ertr-98	104	6	both	both	CCONJ
ertr-98	104	7	selective	selective	ADJ
ertr-98	104	8	and	and	CCONJ
ertr-98	104	9	automatic	automatic	ADJ
ertr-98	104	10	procedures	procedure	NOUN
ertr-98	104	11	.	.	PUNCT
ertr-98	105	1	we	we	PRON
ertr-98	105	2	complemented	complement	VERB
ertr-98	105	3	such	such	ADJ
ertr-98	105	4	data	datum	NOUN
ertr-98	105	5	with	with	ADP
ertr-98	105	6	an	an	DET
ertr-98	105	7	extensive	extensive	ADJ
ertr-98	105	8	repertoire	repertoire	NOUN
ertr-98	105	9	built	build	VERB
ertr-98	105	10	in	in	ADP
ertr-98	105	11	partnership	partnership	NOUN
ertr-98	105	12	with	with	ADP
ertr-98	105	13	the	the	DET
ertr-98	105	14	statistical	statistical	ADJ
ertr-98	105	15	office	office	NOUN
ertr-98	105	16	of	of	ADP
ertr-98	105	17	the	the	DET
ertr-98	105	18	trentino	trentino	NOUN
ertr-98	105	19	province	province	NOUN
ertr-98	105	20	and	and	CCONJ
ertr-98	105	21	already	already	ADV
ertr-98	105	22	used	use	VERB
ertr-98	105	23	in	in	ADP
ertr-98	105	24	previous	previous	ADJ
ertr-98	105	25	analysis	analysis	NOUN
ertr-98	105	26	of	of	ADP
ertr-98	105	27	the	the	DET
ertr-98	105	28	hotel	hotel	NOUN
ertr-98	105	29	sector	sector	NOUN
ertr-98	105	30	in	in	ADP
ertr-98	105	31	the	the	DET
ertr-98	105	32	trentino	trentino	NOUN
ertr-98	105	33	province	province	NOUN
ertr-98	105	34	(	(	PUNCT
ertr-98	105	35	see	see	VERB
ertr-98	105	36	corsino	corsino	PROPN
ertr-98	105	37	,	,	PUNCT
ertr-98	105	38	mirabella	mirabella	PROPN
ertr-98	105	39	,	,	PUNCT
ertr-98	105	40	tundis	tundis	PROPN
ertr-98	105	41	,	,	PUNCT
ertr-98	105	42	&	&	CCONJ
ertr-98	105	43	zaninotto	zaninotto	NOUN
ertr-98	105	44	,	,	PUNCT
ertr-98	105	45	2011	2011	NUM
ertr-98	105	46	)	)	PUNCT
ertr-98	105	47	.	.	PUNCT
ertr-98	106	1	the	the	DET
ertr-98	106	2	database	database	NOUN
ertr-98	106	3	contains	contain	VERB
ertr-98	106	4	information	information	NOUN
ertr-98	106	5	on	on	ADP
ertr-98	106	6	hotel	hotel	NOUN
ertr-98	106	7	characteristics	characteristic	NOUN
ertr-98	106	8	for	for	ADP
ertr-98	106	9	a	a	DET
ertr-98	106	10	representative	representative	ADJ
ertr-98	106	11	sample	sample	NOUN
ertr-98	106	12	of	of	ADP
ertr-98	106	13	the	the	DET
ertr-98	106	14	population	population	NOUN
ertr-98	106	15	of	of	ADP
ertr-98	106	16	hotels	hotel	NOUN
ertr-98	106	17	operating	operate	VERB
ertr-98	106	18	in	in	ADP
ertr-98	106	19	the	the	DET
ertr-98	106	20	province	province	NOUN
ertr-98	106	21	.	.	PUNCT
ertr-98	107	1	the	the	DET
ertr-98	107	2	final	final	ADJ
ertr-98	107	3	database	database	NOUN
ertr-98	107	4	(	(	PUNCT
ertr-98	107	5	bdevalhtn	bdevalhtn	NOUN
ertr-98	107	6	)	)	PUNCT
ertr-98	107	7	contained	contain	VERB
ertr-98	107	8	data	datum	NOUN
ertr-98	107	9	for	for	ADP
ertr-98	107	10	426	426	NUM
ertr-98	107	11	subsidised	subsidised	ADJ
ertr-98	107	12	and	and	CCONJ
ertr-98	107	13	410	410	NUM
ertr-98	107	14	non	non	ADJ
ertr-98	107	15	-	-	ADJ
ertr-98	107	16	subsidised	subsidised	ADJ
ertr-98	107	17	hotels	hotel	NOUN
ertr-98	107	18	over	over	ADP
ertr-98	107	19	the	the	DET
ertr-98	107	20	period	period	NOUN
ertr-98	107	21	2002–2006	2002–2006	NUM
ertr-98	107	22	.	.	PUNCT
ertr-98	108	1	4.2	4.2	NUM
ertr-98	108	2	outcome	outcome	NOUN
ertr-98	108	3	variables	variable	NOUN
ertr-98	108	4	we	we	PRON
ertr-98	108	5	concentrated	concentrate	VERB
ertr-98	108	6	on	on	ADP
ertr-98	108	7	the	the	DET
ertr-98	108	8	following	follow	VERB
ertr-98	108	9	measures	measure	NOUN
ertr-98	108	10	of	of	ADP
ertr-98	108	11	hotel	hotel	NOUN
ertr-98	108	12	performance	performance	NOUN
ertr-98	108	13	:	:	PUNCT
ertr-98	108	14			NOUN
ertr-98	108	15	occupancy	occupancy	NOUN
ertr-98	108	16	rate	rate	NOUN
ertr-98	108	17	(	(	PUNCT
ertr-98	108	18	occ_rate	occ_rate	NOUN
ertr-98	108	19	)	)	PUNCT
ertr-98	108	20	,	,	PUNCT
ertr-98	108	21	defined	define	VERB
ertr-98	108	22	as	as	ADP
ertr-98	108	23	the	the	DET
ertr-98	108	24	ratio	ratio	NOUN
ertr-98	108	25	of	of	ADP
ertr-98	108	26	total	total	ADJ
ertr-98	108	27	guest	guest	NOUN
ertr-98	108	28	nights	night	NOUN
ertr-98	108	29	spent	spend	VERB
ertr-98	108	30	in	in	ADP
ertr-98	108	31	a	a	DET
ertr-98	108	32	year	year	NOUN
ertr-98	108	33	to	to	ADP
ertr-98	108	34	the	the	DET
ertr-98	108	35	number	number	NOUN
ertr-98	108	36	of	of	ADP
ertr-98	108	37	beds	bed	NOUN
ertr-98	108	38	available	available	ADJ
ertr-98	108	39	,	,	PUNCT
ertr-98	108	40	divided	divide	VERB
ertr-98	108	41	by	by	ADP
ertr-98	108	42	the	the	DET
ertr-98	108	43	number	number	NOUN
ertr-98	108	44	of	of	ADP
ertr-98	108	45	days	day	NOUN
ertr-98	108	46	the	the	DET
ertr-98	108	47	hotel	hotel	NOUN
ertr-98	108	48	was	be	AUX
ertr-98	108	49	operative	operative	ADJ
ertr-98	108	50	.	.	PUNCT
ertr-98	109	1	consequently	consequently	ADV
ertr-98	109	2	,	,	PUNCT
ertr-98	109	3	the	the	DET
ertr-98	109	4	occupancy	occupancy	NOUN
ertr-98	109	5	rate	rate	NOUN
ertr-98	109	6	is	be	AUX
ertr-98	109	7	expressed	express	VERB
ertr-98	109	8	in	in	ADP
ertr-98	109	9	terms	term	NOUN
ertr-98	109	10	of	of	ADP
ertr-98	109	11	number	number	NOUN
ertr-98	109	12	of	of	ADP
ertr-98	109	13	guest	guest	NOUN
ertr-98	109	14	nights	night	NOUN
ertr-98	109	15	per	per	ADP
ertr-98	109	16	each	each	DET
ertr-98	109	17	available	available	ADJ
ertr-98	109	18	bed	bed	NOUN
ertr-98	109	19	in	in	ADP
ertr-98	109	20	a	a	DET
ertr-98	109	21	day	day	NOUN
ertr-98	109	22	of	of	ADP
ertr-98	109	23	activity	activity	NOUN
ertr-98	109	24	of	of	ADP
ertr-98	109	25	the	the	DET
ertr-98	109	26	hotel	hotel	NOUN
ertr-98	109	27	.	.	PUNCT
ertr-98	110	1	it	it	PRON
ertr-98	110	2	is	be	AUX
ertr-98	110	3	an	an	DET
ertr-98	110	4	index	index	NOUN
ertr-98	110	5	of	of	ADP
ertr-98	110	6	the	the	DET
ertr-98	110	7	hotel	hotel	NOUN
ertr-98	110	8	’s	’s	PART
ertr-98	110	9	level	level	NOUN
ertr-98	110	10	of	of	ADP
ertr-98	110	11	activity	activity	NOUN
ertr-98	110	12	and	and	CCONJ
ertr-98	110	13	a	a	DET
ertr-98	110	14	performance	performance	NOUN
ertr-98	110	15	indicator	indicator	NOUN
ertr-98	110	16	in	in	ADP
ertr-98	110	17	the	the	DET
ertr-98	110	18	hotel	hotel	NOUN
ertr-98	110	19	industry	industry	NOUN
ertr-98	110	20	(	(	PUNCT
ertr-98	110	21	orfila	orfila	NOUN
ertr-98	110	22	-	-	PUNCT
ertr-98	110	23	sintes	sinte	NOUN
ertr-98	110	24	&	&	CCONJ
ertr-98	110	25	mattsson	mattsson	PROPN
ertr-98	110	26	,	,	PUNCT
ertr-98	110	27	2009	2009	NUM
ertr-98	110	28	;	;	PUNCT
ertr-98	110	29	sainaghi	sainaghi	NOUN
ertr-98	110	30	,	,	PUNCT
ertr-98	110	31	2010	2010	NUM
ertr-98	110	32	;	;	PUNCT
ertr-98	110	33	yu	yu	PROPN
ertr-98	110	34	&	&	CCONJ
ertr-98	110	35	lee	lee	PROPN
ertr-98	110	36	,	,	PUNCT
ertr-98	110	37	2009	2009	NUM
ertr-98	110	38	)	)	PUNCT
ertr-98	110	39	.	.	PUNCT
ertr-98	111	1	the	the	DET
ertr-98	111	2	increase	increase	NOUN
ertr-98	111	3	of	of	ADP
ertr-98	111	4	occupancy	occupancy	NOUN
ertr-98	111	5	rate	rate	NOUN
ertr-98	111	6	is	be	AUX
ertr-98	111	7	an	an	DET
ertr-98	111	8	important	important	ADJ
ertr-98	111	9	outcome	outcome	NOUN
ertr-98	111	10	for	for	ADP
ertr-98	111	11	public	public	ADJ
ertr-98	111	12	policies	policy	NOUN
ertr-98	111	13	because	because	SCONJ
ertr-98	111	14	it	it	PRON
ertr-98	111	15	reflects	reflect	VERB
ertr-98	111	16	the	the	DET
ertr-98	111	17	goal	goal	NOUN
ertr-98	111	18	of	of	ADP
ertr-98	111	19	meeting	meet	VERB
ertr-98	111	20	a	a	DET
ertr-98	111	21	higher	high	ADJ
ertr-98	111	22	demand	demand	NOUN
ertr-98	111	23	without	without	ADP
ertr-98	111	24	increasing	increase	VERB
ertr-98	111	25	the	the	DET
ertr-98	111	26	size	size	NOUN
ertr-98	111	27	or	or	CCONJ
ertr-98	111	28	the	the	DET
ertr-98	111	29	number	number	NOUN
ertr-98	111	30	of	of	ADP
ertr-98	111	31	physical	physical	ADJ
ertr-98	111	32	facilities	facility	NOUN
ertr-98	111	33	;	;	PUNCT
ertr-98	111	34	and	and	CCONJ
ertr-98	111	35	http://ertr.tamu.edu/	http://ertr.tamu.edu/	ADJ
ertr-98	111	36	e	e	NOUN
ertr-98	111	37	-	-	NOUN
ertr-98	111	38	review	review	NOUN
ertr-98	111	39	of	of	ADP
ertr-98	111	40	tourism	tourism	NOUN
ertr-98	111	41	research	research	NOUN
ertr-98	111	42	(	(	PUNCT
ertr-98	111	43	ertr	ertr	NOUN
ertr-98	111	44	)	)	PUNCT
ertr-98	111	45	,	,	PUNCT
ertr-98	111	46	vol	vol	NOUN
ertr-98	111	47	.	.	PUNCT
ertr-98	111	48	14	14	NUM
ertr-98	111	49	issue	issue	NOUN
ertr-98	111	50	3.4	3.4	NUM
ertr-98	111	51	,	,	PUNCT
ertr-98	111	52	2017	2017	NUM
ertr-98	111	53	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	111	54	176	176	NUM
ertr-98	111	55			NOUN
ertr-98	111	56	the	the	DET
ertr-98	111	57	revenue	revenue	NOUN
ertr-98	111	58	per	per	ADP
ertr-98	111	59	available	available	ADJ
ertr-98	111	60	room	room	NOUN
ertr-98	111	61	(	(	PUNCT
ertr-98	111	62	revpar	revpar	NOUN
ertr-98	111	63	)	)	PUNCT
ertr-98	111	64	,	,	PUNCT
ertr-98	111	65	obtained	obtain	VERB
ertr-98	111	66	as	as	ADP
ertr-98	111	67	the	the	DET
ertr-98	111	68	ratio	ratio	NOUN
ertr-98	111	69	of	of	ADP
ertr-98	111	70	the	the	DET
ertr-98	111	71	(	(	PUNCT
ertr-98	111	72	deflated	deflated	ADJ
ertr-98	111	73	)	)	PUNCT
ertr-98	111	74	yearly	yearly	ADJ
ertr-98	111	75	revenue	revenue	NOUN
ertr-98	111	76	to	to	ADP
ertr-98	111	77	the	the	DET
ertr-98	111	78	number	number	NOUN
ertr-98	111	79	of	of	ADP
ertr-98	111	80	rooms	room	NOUN
ertr-98	111	81	(	(	PUNCT
ertr-98	111	82	deflated	deflate	VERB
ertr-98	111	83	with	with	ADP
ertr-98	111	84	base	base	NOUN
ertr-98	111	85	year	year	NOUN
ertr-98	111	86	2002	2002	NUM
ertr-98	111	87	)	)	PUNCT
ertr-98	111	88	,	,	PUNCT
ertr-98	111	89	divided	divide	VERB
ertr-98	111	90	by	by	ADP
ertr-98	111	91	the	the	DET
ertr-98	111	92	number	number	NOUN
ertr-98	111	93	of	of	ADP
ertr-98	111	94	days	day	NOUN
ertr-98	111	95	the	the	DET
ertr-98	111	96	hotel	hotel	NOUN
ertr-98	111	97	was	be	AUX
ertr-98	111	98	operative	operative	ADJ
ertr-98	111	99	:	:	PUNCT
ertr-98	111	100	it	it	PRON
ertr-98	111	101	is	be	AUX
ertr-98	111	102	expressed	express	VERB
ertr-98	111	103	as	as	ADP
ertr-98	111	104	euros	euro	NOUN
ertr-98	111	105	per	per	ADP
ertr-98	111	106	day	day	NOUN
ertr-98	111	107	that	that	SCONJ
ertr-98	111	108	an	an	DET
ertr-98	111	109	hotel	hotel	NOUN
ertr-98	111	110	on	on	ADP
ertr-98	111	111	average	average	ADJ
ertr-98	111	112	earns	earn	NOUN
ertr-98	111	113	each	each	DET
ertr-98	111	114	day	day	NOUN
ertr-98	111	115	on	on	ADP
ertr-98	111	116	each	each	DET
ertr-98	111	117	room	room	NOUN
ertr-98	111	118	.	.	PUNCT
ertr-98	112	1	it	it	PRON
ertr-98	112	2	is	be	AUX
ertr-98	112	3	considered	consider	VERB
ertr-98	112	4	as	as	ADP
ertr-98	112	5	a	a	DET
ertr-98	112	6	proxy	proxy	NOUN
ertr-98	112	7	of	of	ADP
ertr-98	112	8	capital	capital	NOUN
ertr-98	112	9	productivity	productivity	NOUN
ertr-98	112	10	.	.	PUNCT
ertr-98	113	1	from	from	ADP
ertr-98	113	2	the	the	DET
ertr-98	113	3	point	point	NOUN
ertr-98	113	4	of	of	ADP
ertr-98	113	5	view	view	NOUN
ertr-98	113	6	of	of	ADP
ertr-98	113	7	the	the	DET
ertr-98	113	8	policymaker	policymaker	NOUN
ertr-98	113	9	,	,	PUNCT
ertr-98	113	10	this	this	PRON
ertr-98	113	11	reflects	reflect	VERB
ertr-98	113	12	the	the	DET
ertr-98	113	13	need	need	NOUN
ertr-98	113	14	to	to	PART
ertr-98	113	15	increase	increase	VERB
ertr-98	113	16	the	the	DET
ertr-98	113	17	quality	quality	NOUN
ertr-98	113	18	of	of	ADP
ertr-98	113	19	the	the	DET
ertr-98	113	20	tourist	tourist	NOUN
ertr-98	113	21	services	service	NOUN
ertr-98	113	22	offered	offer	VERB
ertr-98	113	23	by	by	ADP
ertr-98	113	24	firms	firm	NOUN
ertr-98	113	25	.	.	PUNCT
ertr-98	114	1	4.3	4.3	NUM
ertr-98	114	2	control	control	NOUN
ertr-98	114	3	variables	variable	NOUN
ertr-98	114	4	we	we	PRON
ertr-98	114	5	considered	consider	VERB
ertr-98	114	6	a	a	DET
ertr-98	114	7	set	set	NOUN
ertr-98	114	8	of	of	ADP
ertr-98	114	9	hotel	hotel	NOUN
ertr-98	114	10	characteristics	characteristic	NOUN
ertr-98	114	11	in	in	ADP
ertr-98	114	12	the	the	DET
ertr-98	114	13	matching	matching	NOUN
ertr-98	114	14	estimation	estimation	NOUN
ertr-98	114	15	that	that	PRON
ertr-98	114	16	can	can	AUX
ertr-98	114	17	affect	affect	VERB
ertr-98	114	18	the	the	DET
ertr-98	114	19	propensity	propensity	NOUN
ertr-98	114	20	of	of	ADP
ertr-98	114	21	hotels	hotel	NOUN
ertr-98	114	22	to	to	PART
ertr-98	114	23	apply	apply	VERB
ertr-98	114	24	for	for	ADP
ertr-98	114	25	public	public	ADJ
ertr-98	114	26	grants	grant	NOUN
ertr-98	114	27	and	and	CCONJ
ertr-98	114	28	hotel	hotel	NOUN
ertr-98	114	29	performance	performance	NOUN
ertr-98	114	30	:	:	PUNCT
ertr-98	114	31			X
ertr-98	114	32	the	the	DET
ertr-98	114	33	legal	legal	ADJ
ertr-98	114	34	form	form	NOUN
ertr-98	114	35	(	(	PUNCT
ertr-98	114	36	legal_form	legal_form	NOUN
ertr-98	114	37	)	)	PUNCT
ertr-98	114	38	assumes	assume	VERB
ertr-98	114	39	the	the	DET
ertr-98	114	40	following	follow	VERB
ertr-98	114	41	values	value	NOUN
ertr-98	114	42	:	:	PUNCT
ertr-98	114	43	individual	individual	ADJ
ertr-98	114	44	firm	firm	NOUN
ertr-98	114	45	(	(	PUNCT
ertr-98	114	46	ditte	ditte	NOUN
ertr-98	114	47	individuali	individuali	VERB
ertr-98	114	48	)	)	PUNCT
ertr-98	114	49	limited	limited	ADJ
ertr-98	114	50	liability	liability	NOUN
ertr-98	114	51	company	company	NOUN
ertr-98	114	52	(	(	PUNCT
ertr-98	114	53	società	società	PROPN
ertr-98	114	54	di	di	X
ertr-98	114	55	capitali	capitali	PROPN
ertr-98	114	56	)	)	PUNCT
ertr-98	114	57	and	and	CCONJ
ertr-98	114	58	partnership	partnership	NOUN
ertr-98	114	59	of	of	ADP
ertr-98	114	60	persons	person	NOUN
ertr-98	114	61	(	(	PUNCT
ertr-98	114	62	società	società	PROPN
ertr-98	114	63	di	di	X
ertr-98	114	64	persone	persone	PROPN
ertr-98	114	65	)	)	PUNCT
ertr-98	114	66	;	;	PUNCT
ertr-98	114	67	it	it	PRON
ertr-98	114	68	can	can	AUX
ertr-98	114	69	be	be	AUX
ertr-98	114	70	considered	consider	VERB
ertr-98	114	71	as	as	ADP
ertr-98	114	72	an	an	DET
ertr-98	114	73	indicator	indicator	NOUN
ertr-98	114	74	of	of	ADP
ertr-98	114	75	the	the	DET
ertr-98	114	76	attitude	attitude	NOUN
ertr-98	114	77	of	of	ADP
ertr-98	114	78	the	the	DET
ertr-98	114	79	firm	firm	NOUN
ertr-98	114	80	towards	towards	ADP
ertr-98	114	81	risk	risk	NOUN
ertr-98	114	82	and	and	CCONJ
ertr-98	114	83	also	also	ADV
ertr-98	114	84	the	the	DET
ertr-98	114	85	chance	chance	NOUN
ertr-98	114	86	of	of	ADP
ertr-98	114	87	entering	enter	VERB
ertr-98	114	88	public	public	ADJ
ertr-98	114	89	subsidisation	subsidisation	NOUN
ertr-98	114	90	programmes	programme	NOUN
ertr-98	114	91	(	(	PUNCT
ertr-98	114	92	almus	almus	NOUN
ertr-98	114	93	&	&	CCONJ
ertr-98	114	94	czarnitzki	czarnitzki	PROPN
ertr-98	114	95	,	,	PUNCT
ertr-98	114	96	2003	2003	NUM
ertr-98	114	97	)	)	PUNCT
ertr-98	114	98	;	;	PUNCT
ertr-98	114	99			DET
ertr-98	114	100	firm	firm	ADJ
ertr-98	114	101	size	size	NOUN
ertr-98	114	102	:	:	PUNCT
ertr-98	114	103	we	we	PRON
ertr-98	114	104	used	use	VERB
ertr-98	114	105	the	the	DET
ertr-98	114	106	number	number	NOUN
ertr-98	114	107	of	of	ADP
ertr-98	114	108	available	available	ADJ
ertr-98	114	109	beds	bed	NOUN
ertr-98	114	110	as	as	ADP
ertr-98	114	111	a	a	DET
ertr-98	114	112	proxy	proxy	NOUN
ertr-98	114	113	for	for	ADP
ertr-98	114	114	hotel	hotel	NOUN
ertr-98	114	115	size	size	NOUN
ertr-98	114	116	(	(	PUNCT
ertr-98	114	117	size	size	NOUN
ertr-98	114	118	)	)	PUNCT
ertr-98	114	119	;	;	PUNCT
ertr-98	114	120			DET
ertr-98	114	121	hotel	hotel	NOUN
ertr-98	114	122	category	category	NOUN
ertr-98	114	123	,	,	PUNCT
ertr-98	114	124	which	which	PRON
ertr-98	114	125	indicates	indicate	VERB
ertr-98	114	126	the	the	DET
ertr-98	114	127	level	level	NOUN
ertr-98	114	128	and	and	CCONJ
ertr-98	114	129	complexity	complexity	NOUN
ertr-98	114	130	of	of	ADP
ertr-98	114	131	services	service	NOUN
ertr-98	114	132	provided	provide	VERB
ertr-98	114	133	.	.	PUNCT
ertr-98	115	1	we	we	PRON
ertr-98	115	2	defined	define	VERB
ertr-98	115	3	a	a	DET
ertr-98	115	4	variable	variable	ADJ
ertr-98	115	5	(	(	PUNCT
ertr-98	115	6	category	category	NOUN
ertr-98	115	7	)	)	PUNCT
ertr-98	115	8	with	with	ADP
ertr-98	115	9	two	two	NUM
ertr-98	115	10	values	value	NOUN
ertr-98	115	11	:	:	PUNCT
ertr-98	115	12	high	high	ADJ
ertr-98	115	13	for	for	ADP
ertr-98	115	14	threeand	threeand	NOUN
ertr-98	115	15	four	four	NUM
ertr-98	115	16	-	-	PUNCT
ertr-98	115	17	star	star	NOUN
ertr-98	115	18	hotels	hotel	NOUN
ertr-98	115	19	,	,	PUNCT
ertr-98	115	20	and	and	CCONJ
ertr-98	115	21	low	low	ADJ
ertr-98	115	22	for	for	ADP
ertr-98	115	23	oneand	oneand	ADJ
ertr-98	115	24	two	two	NUM
ertr-98	115	25	-	-	PUNCT
ertr-98	115	26	star	star	NOUN
ertr-98	115	27	ones	one	NOUN
ertr-98	115	28	;	;	PUNCT
ertr-98	115	29			NOUN
ertr-98	115	30	hotels	hotel	NOUN
ertr-98	115	31	which	which	PRON
ertr-98	115	32	are	be	AUX
ertr-98	115	33	attractive	attractive	ADJ
ertr-98	115	34	to	to	ADP
ertr-98	115	35	international	international	ADJ
ertr-98	115	36	tourists	tourist	NOUN
ertr-98	115	37	are	be	AUX
ertr-98	115	38	expected	expect	VERB
ertr-98	115	39	to	to	PART
ertr-98	115	40	be	be	AUX
ertr-98	115	41	more	more	ADV
ertr-98	115	42	efficient	efficient	ADJ
ertr-98	115	43	(	(	PUNCT
ertr-98	115	44	assaf	assaf	PROPN
ertr-98	115	45	&	&	CCONJ
ertr-98	115	46	kneževic	kneževic	PROPN
ertr-98	115	47	´	´	PROPN
ertr-98	115	48	cvelbar	cvelbar	NOUN
ertr-98	115	49	,	,	PUNCT
ertr-98	115	50	2011	2011	NUM
ertr-98	115	51	)	)	PUNCT
ertr-98	115	52	.	.	PUNCT
ertr-98	116	1	we	we	PRON
ertr-98	116	2	defined	define	VERB
ertr-98	116	3	a	a	DET
ertr-98	116	4	measure	measure	NOUN
ertr-98	116	5	of	of	ADP
ertr-98	116	6	internationalisation	internationalisation	NOUN
ertr-98	116	7	(	(	PUNCT
ertr-98	116	8	int	int	NOUN
ertr-98	116	9	)	)	PUNCT
ertr-98	116	10	for	for	ADP
ertr-98	116	11	each	each	DET
ertr-98	116	12	hotel	hotel	NOUN
ertr-98	116	13	as	as	ADP
ertr-98	116	14	the	the	DET
ertr-98	116	15	ratio	ratio	NOUN
ertr-98	116	16	of	of	ADP
ertr-98	116	17	the	the	DET
ertr-98	116	18	number	number	NOUN
ertr-98	116	19	of	of	ADP
ertr-98	116	20	nights	night	NOUN
ertr-98	116	21	spent	spend	VERB
ertr-98	116	22	by	by	ADP
ertr-98	116	23	foreign	foreign	ADJ
ertr-98	116	24	guests	guest	NOUN
ertr-98	116	25	to	to	ADP
ertr-98	116	26	the	the	DET
ertr-98	116	27	total	total	ADJ
ertr-98	116	28	number	number	NOUN
ertr-98	116	29	of	of	ADP
ertr-98	116	30	nights	night	NOUN
ertr-98	116	31	over	over	ADP
ertr-98	116	32	the	the	DET
ertr-98	116	33	year	year	NOUN
ertr-98	116	34	;	;	PUNCT
ertr-98	116	35			NOUN
ertr-98	116	36	location	location	NOUN
ertr-98	116	37	defines	define	VERB
ertr-98	116	38	the	the	DET
ertr-98	116	39	environment	environment	NOUN
ertr-98	116	40	in	in	ADP
ertr-98	116	41	which	which	PRON
ertr-98	116	42	firms	firm	NOUN
ertr-98	116	43	operate	operate	VERB
ertr-98	116	44	and	and	CCONJ
ertr-98	116	45	thus	thus	ADV
ertr-98	116	46	influences	influence	VERB
ertr-98	116	47	firms	firm	NOUN
ertr-98	116	48	’	’	PART
ertr-98	116	49	behaviour	behaviour	NOUN
ertr-98	116	50	and	and	CCONJ
ertr-98	116	51	performance	performance	NOUN
ertr-98	116	52	(	(	PUNCT
ertr-98	116	53	morikawa	morikawa	NOUN
ertr-98	116	54	,	,	PUNCT
ertr-98	116	55	2011	2011	NUM
ertr-98	116	56	)	)	PUNCT
ertr-98	116	57	.	.	PUNCT
ertr-98	117	1	we	we	PRON
ertr-98	117	2	introduced	introduce	VERB
ertr-98	117	3	a	a	DET
ertr-98	117	4	set	set	NOUN
ertr-98	117	5	of	of	ADP
ertr-98	117	6	dummy	dummy	ADJ
ertr-98	117	7	variables	variable	NOUN
ertr-98	117	8	(	(	PUNCT
ertr-98	117	9	dest	dest	ADJ
ertr-98	117	10	)	)	PUNCT
ertr-98	117	11	to	to	PART
ertr-98	117	12	control	control	VERB
ertr-98	117	13	for	for	ADP
ertr-98	117	14	touristic	touristic	ADJ
ertr-98	117	15	destinations	destination	NOUN
ertr-98	117	16	;	;	PUNCT
ertr-98	117	17			PRON
ertr-98	117	18	we	we	PRON
ertr-98	117	19	used	use	VERB
ertr-98	117	20	a	a	DET
ertr-98	117	21	measure	measure	NOUN
ertr-98	117	22	of	of	ADP
ertr-98	117	23	“	"	PUNCT
ertr-98	117	24	proximity	proximity	NOUN
ertr-98	117	25	”	"	PUNCT
ertr-98	117	26	(	(	PUNCT
ertr-98	117	27	prox	prox	PROPN
ertr-98	117	28	)	)	PUNCT
ertr-98	117	29	,	,	PUNCT
ertr-98	117	30	so	so	SCONJ
ertr-98	117	31	that	that	SCONJ
ertr-98	117	32	the	the	DET
ertr-98	117	33	impact	impact	NOUN
ertr-98	117	34	of	of	ADP
ertr-98	117	35	attraction	attraction	NOUN
ertr-98	117	36	points	point	NOUN
ertr-98	117	37	decreases	decrease	NOUN
ertr-98	117	38	with	with	ADP
ertr-98	117	39	distance	distance	NOUN
ertr-98	117	40	from	from	ADP
ertr-98	117	41	the	the	DET
ertr-98	117	42	hotel	hotel	NOUN
ertr-98	117	43	,	,	PUNCT
ertr-98	117	44	like	like	ADP
ertr-98	117	45	the	the	DET
ertr-98	117	46	market	market	NOUN
ertr-98	117	47	-	-	PUNCT
ertr-98	117	48	potential	potential	ADJ
ertr-98	117	49	function	function	NOUN
ertr-98	117	50	(	(	PUNCT
ertr-98	117	51	harris	harris	PROPN
ertr-98	117	52	,	,	PUNCT
ertr-98	117	53	1954	1954	NUM
ertr-98	117	54	)	)	PUNCT
ertr-98	117	55	.	.	PUNCT
ertr-98	118	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	119	1	e	e	X
ertr-98	119	2	-	-	NOUN
ertr-98	119	3	review	review	NOUN
ertr-98	119	4	of	of	ADP
ertr-98	119	5	tourism	tourism	NOUN
ertr-98	119	6	research	research	NOUN
ertr-98	119	7	(	(	PUNCT
ertr-98	119	8	ertr	ertr	NOUN
ertr-98	119	9	)	)	PUNCT
ertr-98	119	10	,	,	PUNCT
ertr-98	119	11	vol	vol	NOUN
ertr-98	119	12	.	.	PUNCT
ertr-98	119	13	14	14	NUM
ertr-98	119	14	issue	issue	NOUN
ertr-98	119	15	3.4	3.4	NUM
ertr-98	119	16	,	,	PUNCT
ertr-98	119	17	2017	2017	NUM
ertr-98	119	18	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	119	19	177	177	NUM
ertr-98	119	20	as	as	ADP
ertr-98	119	21	attraction	attraction	NOUN
ertr-98	119	22	points	point	NOUN
ertr-98	119	23	we	we	PRON
ertr-98	119	24	considered	consider	VERB
ertr-98	119	25	ski	ski	NOUN
ertr-98	119	26	areas	area	NOUN
ertr-98	119	27	,	,	PUNCT
ertr-98	119	28	touristic	touristic	ADJ
ertr-98	119	29	lakes	lake	NOUN
ertr-98	119	30	,	,	PUNCT
ertr-98	119	31	and	and	CCONJ
ertr-98	119	32	well	well	ADV
ertr-98	119	33	-	-	PUNCT
ertr-98	119	34	known	know	VERB
ertr-98	119	35	beauty	beauty	NOUN
ertr-98	119	36	spots	spot	NOUN
ertr-98	119	37	.	.	PUNCT
ertr-98	120	1	formally	formally	ADV
ertr-98	120	2	the	the	DET
ertr-98	120	3	index	index	NOUN
ertr-98	120	4	has	have	VERB
ertr-98	120	5	the	the	DET
ertr-98	120	6	following	follow	VERB
ertr-98	120	7	form	form	NOUN
ertr-98	120	8	:	:	PUNCT
ertr-98	120	9	proxi	proxi	NOUN
ertr-98	120	10	=	=	SYM
ertr-98	120	11	dijéë	dijéë	VERB
ertr-98	120	12	ùû	ùû	PROPN
ertr-98	120	13	-1	-1	PUNCT
ertr-98	120	14	j=1,	j=1,	NOUN
ertr-98	120	15	...	...	PUNCT
ertr-98	120	16	,n	,n	SYM
ertr-98	120	17	å	å	PROPN
ertr-98	120	18	(	(	PUNCT
ertr-98	120	19	2	2	NUM
ertr-98	120	20	)	)	PUNCT
ertr-98	120	21	where	where	SCONJ
ertr-98	120	22	dij	dij	PROPN
ertr-98	120	23	is	be	AUX
ertr-98	120	24	the	the	DET
ertr-98	120	25	(	(	PUNCT
ertr-98	120	26	euclidean	euclidean	ADJ
ertr-98	120	27	)	)	PUNCT
ertr-98	120	28	distance	distance	NOUN
ertr-98	120	29	between	between	ADP
ertr-98	120	30	hotel	hotel	NOUN
ertr-98	120	31	i	i	PRON
ertr-98	120	32	and	and	CCONJ
ertr-98	120	33	attraction	attraction	NOUN
ertr-98	120	34	point	point	NOUN
ertr-98	120	35	j	j	PROPN
ertr-98	120	36	,	,	PUNCT
ertr-98	120	37	j	j	PROPN
ertr-98	120	38	=	=	SYM
ertr-98	120	39	1,	1,	NUM
ertr-98	120	40	…	…	PUNCT
ertr-98	120	41	,n	,n	PUNCT
ertr-98	120	42	.	.	PUNCT
ertr-98	121	1			X
ertr-98	121	2	several	several	ADJ
ertr-98	121	3	studies	study	NOUN
ertr-98	121	4	have	have	AUX
ertr-98	121	5	addressed	address	VERB
ertr-98	121	6	the	the	DET
ertr-98	121	7	role	role	NOUN
ertr-98	121	8	of	of	ADP
ertr-98	121	9	agglomeration	agglomeration	NOUN
ertr-98	121	10	in	in	ADP
ertr-98	121	11	the	the	DET
ertr-98	121	12	hotel	hotel	NOUN
ertr-98	121	13	industry	industry	NOUN
ertr-98	121	14	(	(	PUNCT
ertr-98	121	15	baum	baum	PROPN
ertr-98	121	16	&	&	CCONJ
ertr-98	121	17	haveman	haveman	PROPN
ertr-98	121	18	,	,	PUNCT
ertr-98	121	19	1997	1997	NUM
ertr-98	121	20	;	;	PUNCT
ertr-98	121	21	baum	baum	PROPN
ertr-98	121	22	&	&	CCONJ
ertr-98	121	23	mezias	mezias	PROPN
ertr-98	121	24	,	,	PUNCT
ertr-98	121	25	1992	1992	NUM
ertr-98	121	26	;	;	PUNCT
ertr-98	121	27	chung	chung	PROPN
ertr-98	121	28	&	&	CCONJ
ertr-98	121	29	kalnins	kalnin	NOUN
ertr-98	121	30	,	,	PUNCT
ertr-98	121	31	2001	2001	NUM
ertr-98	121	32	;	;	PUNCT
ertr-98	121	33	kalnins	kalnin	NOUN
ertr-98	121	34	&	&	CCONJ
ertr-98	121	35	chung	chung	PROPN
ertr-98	121	36	,	,	PUNCT
ertr-98	121	37	2004	2004	NUM
ertr-98	121	38	)	)	PUNCT
ertr-98	121	39	.	.	PUNCT
ertr-98	122	1	co	co	NOUN
ertr-98	122	2	-	-	NOUN
ertr-98	122	3	location	location	NOUN
ertr-98	122	4	may	may	AUX
ertr-98	122	5	provide	provide	VERB
ertr-98	122	6	opportunities	opportunity	NOUN
ertr-98	122	7	for	for	ADP
ertr-98	122	8	frequent	frequent	ADJ
ertr-98	122	9	interactions	interaction	NOUN
ertr-98	122	10	,	,	PUNCT
ertr-98	122	11	exchanges	exchange	NOUN
ertr-98	122	12	of	of	ADP
ertr-98	122	13	information	information	NOUN
ertr-98	122	14	among	among	ADP
ertr-98	122	15	hotel	hotel	NOUN
ertr-98	122	16	managers	manager	NOUN
ertr-98	122	17	,	,	PUNCT
ertr-98	122	18	and	and	CCONJ
ertr-98	122	19	reduced	reduce	VERB
ertr-98	122	20	monitoring	monitoring	NOUN
ertr-98	122	21	costs	cost	NOUN
ertr-98	122	22	(	(	PUNCT
ertr-98	122	23	gan	gan	PROPN
ertr-98	122	24	&	&	CCONJ
ertr-98	122	25	hernandez	hernandez	PROPN
ertr-98	122	26	,	,	PUNCT
ertr-98	122	27	2011	2011	NUM
ertr-98	122	28	)	)	PUNCT
ertr-98	122	29	.	.	PUNCT
ertr-98	123	1	we	we	PRON
ertr-98	123	2	controlled	control	VERB
ertr-98	123	3	for	for	ADP
ertr-98	123	4	the	the	DET
ertr-98	123	5	co	co	NOUN
ertr-98	123	6	-	-	NOUN
ertr-98	123	7	location	location	ADJ
ertr-98	123	8	effect	effect	NOUN
ertr-98	123	9	by	by	ADP
ertr-98	123	10	using	use	VERB
ertr-98	123	11	an	an	DET
ertr-98	123	12	index	index	NOUN
ertr-98	123	13	(	(	PUNCT
ertr-98	123	14	co_loc	co_loc	PROPN
ertr-98	123	15	)	)	PUNCT
ertr-98	123	16	,	,	PUNCT
ertr-98	123	17	which	which	PRON
ertr-98	123	18	is	be	AUX
ertr-98	123	19	a	a	DET
ertr-98	123	20	decreasing	decrease	VERB
ertr-98	123	21	function	function	NOUN
ertr-98	123	22	of	of	ADP
ertr-98	123	23	the	the	DET
ertr-98	123	24	distance	distance	NOUN
ertr-98	123	25	of	of	ADP
ertr-98	123	26	a	a	DET
ertr-98	123	27	hotel	hotel	NOUN
ertr-98	123	28	from	from	ADP
ertr-98	123	29	all	all	DET
ertr-98	123	30	other	other	ADJ
ertr-98	123	31	hotels	hotel	NOUN
ertr-98	123	32	:	:	PUNCT
ertr-98	123	33	coloci	coloci	PROPN
ertr-98	123	34	=	=	SYM
ertr-98	123	35	qijéë	qijéë	PROPN
ertr-98	123	36	ùû	ùû	PROPN
ertr-98	123	37	j=1,	j=1,	PROPN
ertr-98	123	38	...	...	PUNCT
ertr-98	123	39	,m	,m	PUNCT
ertr-98	123	40	å	å	PROPN
ertr-98	123	41	-1	-1	X
ertr-98	123	42	(	(	PUNCT
ertr-98	123	43	3	3	NUM
ertr-98	123	44	)	)	PUNCT
ertr-98	123	45	where	where	SCONJ
ertr-98	123	46	qij	qij	NOUN
ertr-98	123	47	is	be	AUX
ertr-98	123	48	the	the	DET
ertr-98	123	49	(	(	PUNCT
ertr-98	123	50	euclidean	euclidean	ADJ
ertr-98	123	51	)	)	PUNCT
ertr-98	123	52	distance	distance	NOUN
ertr-98	123	53	between	between	ADP
ertr-98	123	54	hotel	hotel	NOUN
ertr-98	123	55	i	i	PRON
ertr-98	123	56	and	and	CCONJ
ertr-98	123	57	hotel	hotel	PROPN
ertr-98	123	58	j	j	PROPN
ertr-98	123	59	,	,	PUNCT
ertr-98	123	60	j	j	PROPN
ertr-98	123	61	=	=	SYM
ertr-98	123	62	1,	1,	NUM
ertr-98	123	63	…	…	SYM
ertr-98	123	64	,m	,m	PUNCT
ertr-98	123	65	.	.	PUNCT
ertr-98	124	1			NOUN
ertr-98	124	2	hotels	hotel	NOUN
ertr-98	124	3	may	may	AUX
ertr-98	124	4	have	have	VERB
ertr-98	124	5	different	different	ADJ
ertr-98	124	6	investing	investing	NOUN
ertr-98	124	7	propensity	propensity	NOUN
ertr-98	124	8	as	as	ADV
ertr-98	124	9	well	well	ADV
ertr-98	124	10	as	as	ADP
ertr-98	124	11	profitability	profitability	NOUN
ertr-98	124	12	.	.	PUNCT
ertr-98	125	1	we	we	PRON
ertr-98	125	2	used	use	VERB
ertr-98	125	3	as	as	ADP
ertr-98	125	4	a	a	DET
ertr-98	125	5	proxy	proxy	NOUN
ertr-98	125	6	of	of	ADP
ertr-98	125	7	capital	capital	NOUN
ertr-98	125	8	intensity	intensity	NOUN
ertr-98	125	9	(	(	PUNCT
ertr-98	125	10	cap	cap	NOUN
ertr-98	125	11	)	)	PUNCT
ertr-98	125	12	the	the	DET
ertr-98	125	13	ratio	ratio	NOUN
ertr-98	125	14	of	of	ADP
ertr-98	125	15	amortisation	amortisation	NOUN
ertr-98	125	16	of	of	ADP
ertr-98	125	17	tangible	tangible	ADJ
ertr-98	125	18	capital	capital	NOUN
ertr-98	125	19	to	to	ADP
ertr-98	125	20	revenue	revenue	NOUN
ertr-98	125	21	(	(	PUNCT
ertr-98	125	22	asthana	asthana	PROPN
ertr-98	125	23	&	&	CCONJ
ertr-98	125	24	zhang	zhang	PROPN
ertr-98	125	25	,	,	PUNCT
ertr-98	125	26	2006	2006	NUM
ertr-98	125	27	;	;	PUNCT
ertr-98	125	28	baginski	baginski	NOUN
ertr-98	125	29	,	,	PUNCT
ertr-98	125	30	lorek	lorek	NOUN
ertr-98	125	31	,	,	PUNCT
ertr-98	125	32	willinger	willinger	NOUN
ertr-98	125	33	,	,	PUNCT
ertr-98	125	34	&	&	CCONJ
ertr-98	125	35	branson	branson	PROPN
ertr-98	125	36	,	,	PUNCT
ertr-98	125	37	1999	1999	NUM
ertr-98	125	38	;	;	PUNCT
ertr-98	125	39	cheng	cheng	PROPN
ertr-98	125	40	,	,	PUNCT
ertr-98	125	41	2005	2005	NUM
ertr-98	125	42	)	)	PUNCT
ertr-98	125	43	.	.	PUNCT
ertr-98	126	1	4.4	4.4	NUM
ertr-98	126	2	empirical	empirical	ADJ
ertr-98	126	3	setting	set	VERB
ertr-98	126	4	the	the	DET
ertr-98	126	5	treatment	treatment	NOUN
ertr-98	126	6	consists	consist	VERB
ertr-98	126	7	of	of	ADP
ertr-98	126	8	the	the	DET
ertr-98	126	9	receipt	receipt	NOUN
ertr-98	126	10	of	of	ADP
ertr-98	126	11	a	a	DET
ertr-98	126	12	subsidy	subsidy	NOUN
ertr-98	126	13	in	in	ADP
ertr-98	126	14	a	a	DET
ertr-98	126	15	year	year	NOUN
ertr-98	126	16	during	during	ADP
ertr-98	126	17	the	the	DET
ertr-98	126	18	period	period	NOUN
ertr-98	126	19	2002	2002	NUM
ertr-98	126	20	–	–	PUNCT
ertr-98	126	21	2006	2006	NUM
ertr-98	126	22	.	.	PUNCT
ertr-98	127	1	given	give	VERB
ertr-98	127	2	the	the	DET
ertr-98	127	3	definition	definition	NOUN
ertr-98	127	4	of	of	ADP
ertr-98	127	5	treatment	treatment	NOUN
ertr-98	127	6	used	use	VERB
ertr-98	127	7	,	,	PUNCT
ertr-98	127	8	a	a	DET
ertr-98	127	9	condition	condition	NOUN
ertr-98	127	10	to	to	PART
ertr-98	127	11	be	be	AUX
ertr-98	127	12	eligible	eligible	ADJ
ertr-98	127	13	as	as	ADP
ertr-98	127	14	control	control	NOUN
ertr-98	127	15	is	be	AUX
ertr-98	127	16	that	that	PRON
ertr-98	127	17	of	of	ADP
ertr-98	127	18	not	not	PART
ertr-98	127	19	having	having	AUX
ertr-98	127	20	received	receive	VERB
ertr-98	127	21	any	any	DET
ertr-98	127	22	subsidy	subsidy	NOUN
ertr-98	127	23	during	during	ADP
ertr-98	127	24	the	the	DET
ertr-98	127	25	period	period	NOUN
ertr-98	127	26	under	under	ADP
ertr-98	127	27	analysis	analysis	NOUN
ertr-98	127	28	.	.	PUNCT
ertr-98	128	1	the	the	DET
ertr-98	128	2	non	non	ADJ
ertr-98	128	3	-	-	ADJ
ertr-98	128	4	subsidised	subsidised	ADJ
ertr-98	128	5	hotels	hotel	NOUN
ertr-98	128	6	contained	contain	VERB
ertr-98	128	7	in	in	ADP
ertr-98	128	8	the	the	DET
ertr-98	128	9	bdevalhtn	bdevalhtn	NOUN
ertr-98	128	10	database	database	NOUN
ertr-98	128	11	are	be	AUX
ertr-98	128	12	then	then	ADV
ertr-98	128	13	suitable	suitable	ADJ
ertr-98	128	14	to	to	PART
ertr-98	128	15	be	be	AUX
ertr-98	128	16	used	use	VERB
ertr-98	128	17	as	as	ADP
ertr-98	128	18	controls	control	NOUN
ertr-98	128	19	.	.	PUNCT
ertr-98	129	1	we	we	PRON
ertr-98	129	2	made	make	VERB
ertr-98	129	3	a	a	DET
ertr-98	129	4	preliminary	preliminary	ADJ
ertr-98	129	5	screening	screening	NOUN
ertr-98	129	6	of	of	ADP
ertr-98	129	7	non	non	ADJ
ertr-98	129	8	-	-	ADJ
ertr-98	129	9	subsidised	subsidised	ADJ
ertr-98	129	10	hotels	hotel	NOUN
ertr-98	129	11	and	and	CCONJ
ertr-98	129	12	discarded	discard	VERB
ertr-98	129	13	those	those	PRON
ertr-98	129	14	with	with	ADP
ertr-98	129	15	negative	negative	ADJ
ertr-98	129	16	changes	change	NOUN
ertr-98	129	17	of	of	ADP
ertr-98	129	18	amortisation	amortisation	NOUN
ertr-98	129	19	cost	cost	NOUN
ertr-98	129	20	on	on	ADP
ertr-98	129	21	tangible	tangible	ADJ
ertr-98	129	22	assets	asset	NOUN
ertr-98	129	23	over	over	ADP
ertr-98	129	24	the	the	DET
ertr-98	129	25	entire	entire	ADJ
ertr-98	129	26	period	period	NOUN
ertr-98	129	27	under	under	ADP
ertr-98	129	28	analysis	analysis	NOUN
ertr-98	129	29	.	.	PUNCT
ertr-98	130	1	after	after	ADP
ertr-98	130	2	the	the	DET
ertr-98	130	3	screening	screening	NOUN
ertr-98	130	4	,	,	PUNCT
ertr-98	130	5	we	we	PRON
ertr-98	130	6	were	be	AUX
ertr-98	130	7	left	leave	VERB
ertr-98	130	8	with	with	ADP
ertr-98	130	9	372	372	NUM
ertr-98	130	10	non	non	ADJ
ertr-98	130	11	-	-	ADJ
ertr-98	130	12	subsidised	subsidised	ADJ
ertr-98	130	13	hotels	hotel	NOUN
ertr-98	130	14	.	.	PUNCT
ertr-98	131	1	under	under	ADP
ertr-98	131	2	the	the	DET
ertr-98	131	3	assumption	assumption	NOUN
ertr-98	131	4	that	that	SCONJ
ertr-98	131	5	hotels	hotel	NOUN
ertr-98	131	6	in	in	ADP
ertr-98	131	7	the	the	DET
ertr-98	131	8	treatment	treatment	NOUN
ertr-98	131	9	and	and	CCONJ
ertr-98	131	10	control	control	NOUN
ertr-98	131	11	sample	sample	NOUN
ertr-98	131	12	show	show	VERB
ertr-98	131	13	similar	similar	ADJ
ertr-98	131	14	propensity	propensity	NOUN
ertr-98	131	15	to	to	PART
ertr-98	131	16	invest	invest	VERB
ertr-98	131	17	,	,	PUNCT
ertr-98	131	18	the	the	DET
ertr-98	131	19	selection	selection	NOUN
ertr-98	131	20	http://ertr.tamu.edu/	http://ertr.tamu.edu/	ADJ
ertr-98	131	21	e	e	NOUN
ertr-98	131	22	-	-	NOUN
ertr-98	131	23	review	review	NOUN
ertr-98	131	24	of	of	ADP
ertr-98	131	25	tourism	tourism	NOUN
ertr-98	131	26	research	research	NOUN
ertr-98	131	27	(	(	PUNCT
ertr-98	131	28	ertr	ertr	NOUN
ertr-98	131	29	)	)	PUNCT
ertr-98	131	30	,	,	PUNCT
ertr-98	131	31	vol	vol	NOUN
ertr-98	131	32	.	.	PUNCT
ertr-98	131	33	14	14	NUM
ertr-98	131	34	issue	issue	NOUN
ertr-98	131	35	3.4	3.4	NUM
ertr-98	131	36	,	,	PUNCT
ertr-98	131	37	2017	2017	NUM
ertr-98	131	38	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	131	39	178	178	NUM
ertr-98	131	40	problem	problem	NOUN
ertr-98	131	41	should	should	AUX
ertr-98	131	42	be	be	AUX
ertr-98	131	43	addressed	address	VERB
ertr-98	131	44	.	.	PUNCT
ertr-98	132	1	in	in	ADP
ertr-98	132	2	other	other	ADJ
ertr-98	132	3	words	word	NOUN
ertr-98	132	4	,	,	PUNCT
ertr-98	132	5	the	the	DET
ertr-98	132	6	counterfactual	counterfactual	ADJ
ertr-98	132	7	model	model	NOUN
ertr-98	132	8	employed	employ	VERB
ertr-98	132	9	–	–	PUNCT
ertr-98	132	10	that	that	PRON
ertr-98	132	11	compares	compare	VERB
ertr-98	132	12	only	only	ADV
ertr-98	132	13	treated	treat	VERB
ertr-98	132	14	and	and	CCONJ
ertr-98	132	15	control	control	NOUN
ertr-98	132	16	hotels	hotel	NOUN
ertr-98	132	17	with	with	ADP
ertr-98	132	18	similar	similar	ADJ
ertr-98	132	19	observable	observable	ADJ
ertr-98	132	20	characteristics	characteristic	NOUN
ertr-98	132	21	–	–	PUNCT
ertr-98	132	22	with	with	ADP
ertr-98	132	23	the	the	DET
ertr-98	132	24	cdid	cdid	ADJ
ertr-98	132	25	specification	specification	NOUN
ertr-98	132	26	–	–	PUNCT
ertr-98	132	27	that	that	PRON
ertr-98	132	28	cancel	cancel	VERB
ertr-98	132	29	out	out	ADP
ertr-98	132	30	the	the	DET
ertr-98	132	31	time	time	NOUN
ertr-98	132	32	invariant	invariant	ADJ
ertr-98	132	33	idiosyncratic	idiosyncratic	ADJ
ertr-98	132	34	characteristics	characteristic	NOUN
ertr-98	132	35	–	–	PUNCT
ertr-98	132	36	helps	help	VERB
ertr-98	132	37	us	we	PRON
ertr-98	132	38	in	in	ADP
ertr-98	132	39	controlling	control	VERB
ertr-98	132	40	for	for	ADP
ertr-98	132	41	potential	potential	ADJ
ertr-98	132	42	reverse	reverse	ADJ
ertr-98	132	43	causality	causality	NOUN
ertr-98	132	44	effects	effect	NOUN
ertr-98	132	45	related	relate	VERB
ertr-98	132	46	with	with	ADP
ertr-98	132	47	the	the	DET
ertr-98	132	48	different	different	ADJ
ertr-98	132	49	probability	probability	NOUN
ertr-98	132	50	to	to	PART
ertr-98	132	51	apply	apply	VERB
ertr-98	132	52	and	and	CCONJ
ertr-98	132	53	getting	get	VERB
ertr-98	132	54	the	the	DET
ertr-98	132	55	subsidies	subsidy	NOUN
ertr-98	132	56	of	of	ADP
ertr-98	132	57	“	"	PUNCT
ertr-98	132	58	better	well	ADJ
ertr-98	132	59	”	"	PUNCT
ertr-98	132	60	hotels	hotel	NOUN
ertr-98	132	61	.	.	PUNCT
ertr-98	133	1	we	we	PRON
ertr-98	133	2	controlled	control	VERB
ertr-98	133	3	for	for	ADP
ertr-98	133	4	the	the	DET
ertr-98	133	5	identified	identify	VERB
ertr-98	133	6	factors	factor	NOUN
ertr-98	133	7	that	that	PRON
ertr-98	133	8	are	be	AUX
ertr-98	133	9	likely	likely	ADJ
ertr-98	133	10	to	to	PART
ertr-98	133	11	influence	influence	VERB
ertr-98	133	12	both	both	CCONJ
ertr-98	133	13	the	the	DET
ertr-98	133	14	propensity	propensity	NOUN
ertr-98	133	15	of	of	ADP
ertr-98	133	16	hotels	hotel	NOUN
ertr-98	133	17	to	to	PART
ertr-98	133	18	apply	apply	VERB
ertr-98	133	19	for	for	ADP
ertr-98	133	20	public	public	ADJ
ertr-98	133	21	grants	grant	NOUN
ertr-98	133	22	and	and	CCONJ
ertr-98	133	23	hotel	hotel	NOUN
ertr-98	133	24	performance	performance	NOUN
ertr-98	133	25	.	.	PUNCT
ertr-98	134	1	we	we	PRON
ertr-98	134	2	identified	identify	VERB
ertr-98	134	3	the	the	DET
ertr-98	134	4	pre	pre	ADJ
ertr-98	134	5	-	-	ADJ
ertr-98	134	6	treatment	treatment	ADJ
ertr-98	134	7	period	period	NOUN
ertr-98	134	8	as	as	ADP
ertr-98	134	9	the	the	DET
ertr-98	134	10	year	year	NOUN
ertr-98	134	11	before	before	ADP
ertr-98	134	12	the	the	DET
ertr-98	134	13	granting	granting	NOUN
ertr-98	134	14	of	of	ADP
ertr-98	134	15	the	the	DET
ertr-98	134	16	subsidy	subsidy	NOUN
ertr-98	134	17	.	.	PUNCT
ertr-98	135	1	we	we	PRON
ertr-98	135	2	evaluated	evaluate	VERB
ertr-98	135	3	differences	difference	NOUN
ertr-98	135	4	in	in	ADP
ertr-98	135	5	outcome	outcome	NOUN
ertr-98	135	6	between	between	ADP
ertr-98	135	7	the	the	DET
ertr-98	135	8	treated	treat	VERB
ertr-98	135	9	and	and	CCONJ
ertr-98	135	10	controls	control	NOUN
ertr-98	135	11	in	in	ADP
ertr-98	135	12	two	two	NUM
ertr-98	135	13	post	post	ADJ
ertr-98	135	14	-	-	ADJ
ertr-98	135	15	treatment	treatment	ADJ
ertr-98	135	16	periods	period	NOUN
ertr-98	135	17	:	:	PUNCT
ertr-98	135	18	one	one	NUM
ertr-98	135	19	and	and	CCONJ
ertr-98	135	20	two	two	NUM
ertr-98	135	21	years	year	NOUN
ertr-98	135	22	after	after	ADP
ertr-98	135	23	the	the	DET
ertr-98	135	24	receipt	receipt	NOUN
ertr-98	135	25	of	of	ADP
ertr-98	135	26	the	the	DET
ertr-98	135	27	subsidy	subsidy	NOUN
ertr-98	135	28	(	(	PUNCT
ertr-98	135	29	figure	figure	NOUN
ertr-98	135	30	1	1	NUM
ertr-98	135	31	)	)	PUNCT
ertr-98	135	32	.	.	PUNCT
ertr-98	136	1	hotels	hotel	NOUN
ertr-98	136	2	are	be	AUX
ertr-98	136	3	matched	match	VERB
ertr-98	136	4	at	at	ADP
ertr-98	136	5	time	time	NOUN
ertr-98	136	6	t0	t0	PROPN
ertr-98	136	7	(	(	PUNCT
ertr-98	136	8	before	before	ADP
ertr-98	136	9	treatment	treatment	NOUN
ertr-98	136	10	)	)	PUNCT
ertr-98	136	11	,	,	PUNCT
ertr-98	136	12	and	and	CCONJ
ertr-98	136	13	variations	variation	NOUN
ertr-98	136	14	in	in	ADP
ertr-98	136	15	the	the	DET
ertr-98	136	16	outcome	outcome	NOUN
ertr-98	136	17	of	of	ADP
ertr-98	136	18	treated	treat	VERB
ertr-98	136	19	hotels	hotel	NOUN
ertr-98	136	20	are	be	AUX
ertr-98	136	21	compared	compare	VERB
ertr-98	136	22	with	with	ADP
ertr-98	136	23	those	those	PRON
ertr-98	136	24	of	of	ADP
ertr-98	136	25	comparable	comparable	ADJ
ertr-98	136	26	controls	control	NOUN
ertr-98	136	27	(	(	PUNCT
ertr-98	136	28	the	the	DET
ertr-98	136	29	counterfactual	counterfactual	NOUN
ertr-98	136	30	)	)	PUNCT
ertr-98	136	31	at	at	ADP
ertr-98	136	32	time	time	NOUN
ertr-98	136	33	t1	t1	NOUN
ertr-98	136	34	after	after	ADP
ertr-98	136	35	treatment	treatment	NOUN
ertr-98	136	36	.	.	PUNCT
ertr-98	137	1	figure	figure	NOUN
ertr-98	137	2	1	1	NUM
ertr-98	137	3	.	.	PUNCT
ertr-98	138	1	cdid	cdid	ADJ
ertr-98	138	2	matching	matching	NOUN
ertr-98	138	3	approach	approach	NOUN
ertr-98	138	4	.	.	PUNCT
ertr-98	139	1	black	black	ADJ
ertr-98	139	2	point	point	NOUN
ertr-98	139	3	:	:	PUNCT
ertr-98	139	4	year	year	NOUN
ertr-98	139	5	of	of	ADP
ertr-98	139	6	subsidies	subsidy	NOUN
ertr-98	139	7	concession	concession	NOUN
ertr-98	139	8	.	.	PUNCT
ertr-98	140	1	white	white	ADJ
ertr-98	140	2	point	point	NOUN
ertr-98	140	3	:	:	PUNCT
ertr-98	140	4	year	year	NOUN
ertr-98	140	5	of	of	ADP
ertr-98	140	6	control	control	NOUN
ertr-98	140	7	variables	variable	NOUN
ertr-98	140	8	.	.	PUNCT
ertr-98	141	1	end	end	NOUN
ertr-98	141	2	of	of	ADP
ertr-98	141	3	the	the	DET
ertr-98	141	4	arrow	arrow	NOUN
ertr-98	141	5	:	:	PUNCT
ertr-98	141	6	year	year	NOUN
ertr-98	141	7	of	of	ADP
ertr-98	141	8	evaluation	evaluation	NOUN
ertr-98	141	9	of	of	ADP
ertr-98	141	10	impacts	impact	NOUN
ertr-98	141	11	we	we	PRON
ertr-98	141	12	imposed	impose	VERB
ertr-98	141	13	exact	exact	ADJ
ertr-98	141	14	matching	matching	NOUN
ertr-98	141	15	on	on	ADP
ertr-98	141	16	the	the	DET
ertr-98	141	17	category	category	NOUN
ertr-98	141	18	,	,	PUNCT
ertr-98	141	19	destination	destination	NOUN
ertr-98	141	20	,	,	PUNCT
ertr-98	141	21	and	and	CCONJ
ertr-98	141	22	also	also	ADV
ertr-98	141	23	on	on	ADP
ertr-98	141	24	year	year	NOUN
ertr-98	141	25	.	.	PUNCT
ertr-98	142	1	therefore	therefore	ADV
ertr-98	142	2	,	,	PUNCT
ertr-98	142	3	we	we	PRON
ertr-98	142	4	matched	match	VERB
ertr-98	142	5	treated	treat	VERB
ertr-98	142	6	hotels	hotel	NOUN
ertr-98	142	7	with	with	ADP
ertr-98	142	8	control	control	NOUN
ertr-98	142	9	hotels	hotel	NOUN
ertr-98	142	10	that	that	PRON
ertr-98	142	11	operate	operate	VERB
ertr-98	142	12	in	in	ADP
ertr-98	142	13	the	the	DET
ertr-98	142	14	same	same	ADJ
ertr-98	142	15	destination	destination	NOUN
ertr-98	142	16	,	,	PUNCT
ertr-98	142	17	in	in	ADP
ertr-98	142	18	the	the	DET
ertr-98	142	19	same	same	ADJ
ertr-98	142	20	category	category	NOUN
ertr-98	142	21	,	,	PUNCT
ertr-98	142	22	and	and	CCONJ
ertr-98	142	23	with	with	ADP
ertr-98	142	24	reference	reference	NOUN
ertr-98	142	25	to	to	ADP
ertr-98	142	26	the	the	DET
ertr-98	142	27	same	same	ADJ
ertr-98	142	28	year	year	NOUN
ertr-98	142	29	.	.	PUNCT
ertr-98	143	1	for	for	ADP
ertr-98	143	2	the	the	DET
ertr-98	143	3	other	other	ADJ
ertr-98	143	4	observed	observed	ADJ
ertr-98	143	5	characteristics	characteristic	NOUN
ertr-98	143	6	,	,	PUNCT
ertr-98	143	7	we	we	PRON
ertr-98	143	8	http://ertr.tamu.edu/	http://ertr.tamu.edu/	VERB
ertr-98	143	9	e	e	NOUN
ertr-98	143	10	-	-	NOUN
ertr-98	143	11	review	review	NOUN
ertr-98	143	12	of	of	ADP
ertr-98	143	13	tourism	tourism	NOUN
ertr-98	143	14	research	research	NOUN
ertr-98	143	15	(	(	PUNCT
ertr-98	143	16	ertr	ertr	NOUN
ertr-98	143	17	)	)	PUNCT
ertr-98	143	18	,	,	PUNCT
ertr-98	143	19	vol	vol	NOUN
ertr-98	143	20	.	.	PUNCT
ertr-98	144	1	14	14	NUM
ertr-98	144	2	issue	issue	NOUN
ertr-98	144	3	3.4	3.4	NUM
ertr-98	144	4	,	,	PUNCT
ertr-98	144	5	2017	2017	NUM
ertr-98	144	6	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	144	7	179	179	NUM
ertr-98	144	8	minimised	minimise	VERB
ertr-98	144	9	the	the	DET
ertr-98	144	10	differences	difference	NOUN
ertr-98	144	11	between	between	ADP
ertr-98	144	12	treated	treat	VERB
ertr-98	144	13	and	and	CCONJ
ertr-98	144	14	non	non	ADJ
ertr-98	144	15	-	-	ADJ
ertr-98	144	16	treated	treat	VERB
ertr-98	144	17	hotels	hotel	NOUN
ertr-98	144	18	,	,	PUNCT
ertr-98	144	19	and	and	CCONJ
ertr-98	144	20	we	we	PRON
ertr-98	144	21	used	use	VERB
ertr-98	144	22	the	the	DET
ertr-98	144	23	procedure	procedure	NOUN
ertr-98	144	24	suggested	suggest	VERB
ertr-98	144	25	in	in	ADP
ertr-98	144	26	abadie	abadie	PROPN
ertr-98	144	27	and	and	CCONJ
ertr-98	144	28	imbens	imben	NOUN
ertr-98	144	29	(	(	PUNCT
ertr-98	144	30	2002	2002	NUM
ertr-98	144	31	)	)	PUNCT
ertr-98	144	32	to	to	PART
ertr-98	144	33	correct	correct	VERB
ertr-98	144	34	for	for	ADP
ertr-98	144	35	bias	bias	NOUN
ertr-98	144	36	in	in	ADP
ertr-98	144	37	the	the	DET
ertr-98	144	38	estimations	estimation	NOUN
ertr-98	144	39	introduced	introduce	VERB
ertr-98	144	40	by	by	ADP
ertr-98	144	41	non	non	ADJ
ertr-98	144	42	-	-	ADJ
ertr-98	144	43	exact	exact	ADJ
ertr-98	144	44	matches	match	NOUN
ertr-98	144	45	1	1	NUM
ertr-98	144	46	.	.	PUNCT
ertr-98	144	47	table	table	NOUN
ertr-98	144	48	1	1	NUM
ertr-98	144	49	compares	compare	VERB
ertr-98	144	50	the	the	DET
ertr-98	144	51	variables	variable	NOUN
ertr-98	144	52	of	of	ADP
ertr-98	144	53	interest	interest	NOUN
ertr-98	144	54	for	for	ADP
ertr-98	144	55	treated	treat	VERB
ertr-98	144	56	and	and	CCONJ
ertr-98	144	57	control	control	NOUN
ertr-98	144	58	hotels	hotel	NOUN
ertr-98	144	59	.	.	PUNCT
ertr-98	145	1	we	we	PRON
ertr-98	145	2	considered	consider	VERB
ertr-98	145	3	154	154	NUM
ertr-98	145	4	treated	treat	VERB
ertr-98	145	5	hotels	hotel	NOUN
ertr-98	145	6	in	in	ADP
ertr-98	145	7	the	the	DET
ertr-98	145	8	period	period	NOUN
ertr-98	145	9	under	under	ADP
ertr-98	145	10	analysis	analysis	NOUN
ertr-98	145	11	and	and	CCONJ
ertr-98	145	12	1,488	1,488	NUM
ertr-98	145	13	potential	potential	ADJ
ertr-98	145	14	controls	control	NOUN
ertr-98	145	15	2	2	NUM
ertr-98	145	16	.	.	PUNCT
ertr-98	146	1	differences	difference	NOUN
ertr-98	146	2	between	between	ADP
ertr-98	146	3	the	the	DET
ertr-98	146	4	two	two	NUM
ertr-98	146	5	group	group	NOUN
ertr-98	146	6	exist	exist	VERB
ertr-98	146	7	for	for	ADP
ertr-98	146	8	some	some	PRON
ertr-98	146	9	of	of	ADP
ertr-98	146	10	the	the	DET
ertr-98	146	11	objective	objective	ADJ
ertr-98	146	12	variables	variable	NOUN
ertr-98	146	13	(	(	PUNCT
ertr-98	146	14	occ_rate	occ_rate	NOUN
ertr-98	146	15	and	and	CCONJ
ertr-98	146	16	revpar	revpar	NOUN
ertr-98	146	17	)	)	PUNCT
ertr-98	146	18	and	and	CCONJ
ertr-98	146	19	for	for	ADP
ertr-98	146	20	covariates	covariate	NOUN
ertr-98	146	21	(	(	PUNCT
ertr-98	146	22	cap	cap	NOUN
ertr-98	146	23	,	,	PUNCT
ertr-98	146	24	size	size	NOUN
ertr-98	146	25	co_loc	co_loc	PROPN
ertr-98	146	26	,	,	PUNCT
ertr-98	146	27	cat	cat	NOUN
ertr-98	146	28	,	,	PUNCT
ertr-98	146	29	legal_form	legal_form	PROPN
ertr-98	146	30	)	)	PUNCT
ertr-98	146	31	,	,	PUNCT
ertr-98	146	32	suggesting	suggest	VERB
ertr-98	146	33	the	the	DET
ertr-98	146	34	need	need	NOUN
ertr-98	146	35	of	of	ADP
ertr-98	146	36	a	a	DET
ertr-98	146	37	proper	proper	ADJ
ertr-98	146	38	matching	matching	NOUN
ertr-98	146	39	protocol	protocol	NOUN
ertr-98	146	40	.	.	PUNCT
ertr-98	147	1	table	table	NOUN
ertr-98	147	2	1	1	NUM
ertr-98	147	3	.	.	PUNCT
ertr-98	148	1	characteristics	characteristic	NOUN
ertr-98	148	2	and	and	CCONJ
ertr-98	148	3	outcomes	outcome	NOUN
ertr-98	148	4	for	for	ADP
ertr-98	148	5	treated	treat	VERB
ertr-98	148	6	and	and	CCONJ
ertr-98	148	7	non	non	ADJ
ertr-98	148	8	-	-	ADJ
ertr-98	148	9	treated	treat	VERB
ertr-98	148	10	hotels	hotel	NOUN
ertr-98	148	11	1	1	NUM
ertr-98	148	12	year	year	NOUN
ertr-98	148	13	before	before	ADP
ertr-98	148	14	treatment	treatment	NOUN
ertr-98	148	15	(	(	PUNCT
ertr-98	148	16	not	not	PART
ertr-98	148	17	matched	match	VERB
ertr-98	148	18	samples	sample	NOUN
ertr-98	148	19	)	)	PUNCT
ertr-98	148	20	variable	variable	ADJ
ertr-98	148	21	diff	diff	NOUN
ertr-98	148	22	.	.	PUNCT
ertr-98	149	1	between	between	ADP
ertr-98	149	2	treated	treat	VERB
ertr-98	149	3	and	and	CCONJ
ertr-98	149	4	non	non	ADJ
ertr-98	149	5	-	-	ADJ
ertr-98	149	6	treated	treat	VERB
ertr-98	149	7	p	p	ADJ
ertr-98	149	8	-	-	PUNCT
ertr-98	149	9	value	value	NOUN
ertr-98	149	10	outcomes	outcome	NOUN
ertr-98	149	11	occ_rate	occ_rate	VERB
ertr-98	149	12	0.032	0.032	NUM
ertr-98	149	13	*	*	PUNCT
ertr-98	150	1	*	*	PUNCT
ertr-98	151	1	*	*	PUNCT
ertr-98	151	2	0.003	0.003	NUM
ertr-98	151	3	revpar	revpar	NOUN
ertr-98	151	4	2.277	2.277	NUM
ertr-98	151	5	*	*	PUNCT
ertr-98	151	6	*	*	PUNCT
ertr-98	151	7	0.037	0.037	NUM
ertr-98	151	8	cov	cov	NOUN
ertr-98	151	9	.	.	PUNCT
ertr-98	152	1	(	(	PUNCT
ertr-98	152	2	continuous	continuous	ADJ
ertr-98	152	3	)	)	PUNCT
ertr-98	152	4	ext	ext	NOUN
ertr-98	152	5	-0.024	-0.024	NUM
ertr-98	152	6	0.242	0.242	NUM
ertr-98	152	7	cap	cap	NOUN
ertr-98	152	8	0.031	0.031	NUM
ertr-98	152	9	*	*	PUNCT
ertr-98	153	1	*	*	PUNCT
ertr-98	154	1	*	*	PUNCT
ertr-98	154	2	<	<	X
ertr-98	154	3	0.001	0.001	NUM
ertr-98	154	4	size	size	NOUN
ertr-98	154	5	6.201	6.201	NUM
ertr-98	154	6	*	*	PUNCT
ertr-98	154	7	*	*	PUNCT
ertr-98	154	8	0.030	0.030	NUM
ertr-98	154	9	co_loc	co_loc	PROPN
ertr-98	154	10	-1203.6	-1203.6	PROPN
ertr-98	155	1	*	*	PUNCT
ertr-98	156	1	*	*	PUNCT
ertr-98	156	2	*	*	PUNCT
ertr-98	156	3	0.005	0.005	NUM
ertr-98	156	4	prox	prox	PROPN
ertr-98	156	5	-0.0014	-0.0014	NOUN
ertr-98	156	6	0.800	0.800	NUM
ertr-98	156	7	cov	cov	NOUN
ertr-98	156	8	.	.	PUNCT
ertr-98	157	1	(	(	PUNCT
ertr-98	157	2	discrete	discrete	NOUN
ertr-98	157	3	*	*	NOUN
ertr-98	157	4	)	)	PUNCT
ertr-98	157	5	cat	cat	NOUN
ertr-98	158	1	0.097	0.097	NUM
ertr-98	158	2	*	*	PUNCT
ertr-98	158	3	*	*	PUNCT
ertr-98	158	4	*	*	PUNCT
ertr-98	158	5	0.017	0.017	NUM
ertr-98	158	6	legal_form1	legal_form1	PROPN
ertr-98	158	7	-0.107	-0.107	PUNCT
ertr-98	159	1	*	*	PUNCT
ertr-98	159	2	*	*	PUNCT
ertr-98	160	1	*	*	PUNCT
ertr-98	160	2	0.003	0.003	NUM
ertr-98	160	3	legal_form2	legal_form2	PROPN
ertr-98	160	4	0.111	0.111	NUM
ertr-98	160	5	*	*	PUNCT
ertr-98	160	6	*	*	PUNCT
ertr-98	160	7	*	*	PUNCT
ertr-98	160	8	0.006	0.006	NUM
ertr-98	160	9	legal_form3	legal_form3	VERB
ertr-98	160	10	-0.004	-0.004	PUNCT
ertr-98	160	11	0.870	0.870	NUM
ertr-98	160	12	notes	note	NOUN
ertr-98	160	13	.	.	PUNCT
ertr-98	161	1	data	datum	NOUN
ertr-98	161	2	are	be	AUX
ertr-98	161	3	pooled	pool	VERB
ertr-98	161	4	across	across	ADP
ertr-98	161	5	years	year	NOUN
ertr-98	161	6	;	;	PUNCT
ertr-98	161	7	*	*	PUNCT
ertr-98	161	8	only	only	ADV
ertr-98	161	9	mean	mean	VERB
ertr-98	161	10	values	value	NOUN
ertr-98	161	11	are	be	AUX
ertr-98	161	12	reported	report	VERB
ertr-98	161	13	;	;	PUNCT
ertr-98	161	14	*	*	PUNCT
ertr-98	161	15	*	*	PUNCT
ertr-98	161	16	*	*	PUNCT
ertr-98	161	17	p<0.01	p<0.01	PROPN
ertr-98	161	18	;	;	PUNCT
ertr-98	161	19	*	*	PUNCT
ertr-98	161	20	*	*	PUNCT
ertr-98	161	21	p<0.05	p<0.05	NOUN
ertr-98	161	22	.	.	PROPN
ertr-98	161	23	1	1	NUM
ertr-98	161	24	the	the	DET
ertr-98	161	25	analysis	analysis	NOUN
ertr-98	161	26	was	be	AUX
ertr-98	161	27	implemented	implement	VERB
ertr-98	161	28	via	via	ADP
ertr-98	161	29	the	the	DET
ertr-98	161	30	nnmatch	nnmatch	NOUN
ertr-98	161	31	module	module	NOUN
ertr-98	161	32	in	in	ADP
ertr-98	161	33	stata	stata	NOUN
ertr-98	161	34	(	(	PUNCT
ertr-98	161	35	abadie	abadie	PROPN
ertr-98	161	36	et	et	PROPN
ertr-98	161	37	al	al	PROPN
ertr-98	161	38	.	.	PROPN
ertr-98	161	39	,	,	PUNCT
ertr-98	161	40	2004	2004	NUM
ertr-98	161	41	)	)	PUNCT
ertr-98	161	42	.	.	PUNCT
ertr-98	162	1	the	the	DET
ertr-98	162	2	code	code	NOUN
ertr-98	162	3	is	be	AUX
ertr-98	162	4	available	available	ADJ
ertr-98	162	5	by	by	ADP
ertr-98	162	6	request	request	NOUN
ertr-98	162	7	to	to	ADP
ertr-98	162	8	the	the	DET
ertr-98	162	9	authors	author	NOUN
ertr-98	162	10	.	.	PUNCT
ertr-98	163	1	2	2	NUM
ertr-98	163	2	in	in	ADP
ertr-98	163	3	our	our	PRON
ertr-98	163	4	empirical	empirical	ADJ
ertr-98	163	5	setting	setting	NOUN
ertr-98	163	6	,	,	PUNCT
ertr-98	163	7	non	non	ADJ
ertr-98	163	8	-	-	ADJ
ertr-98	163	9	subsidised	subsidised	ADJ
ertr-98	163	10	hotels	hotel	NOUN
ertr-98	163	11	can	can	AUX
ertr-98	163	12	be	be	AUX
ertr-98	163	13	selected	select	VERB
ertr-98	163	14	as	as	ADP
ertr-98	163	15	control	control	NOUN
ertr-98	163	16	in	in	ADP
ertr-98	163	17	each	each	DET
ertr-98	163	18	observed	observe	VERB
ertr-98	163	19	year	year	NOUN
ertr-98	163	20	.	.	PUNCT
ertr-98	164	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	165	1	e	e	X
ertr-98	165	2	-	-	NOUN
ertr-98	165	3	review	review	NOUN
ertr-98	165	4	of	of	ADP
ertr-98	165	5	tourism	tourism	NOUN
ertr-98	165	6	research	research	NOUN
ertr-98	165	7	(	(	PUNCT
ertr-98	165	8	ertr	ertr	NOUN
ertr-98	165	9	)	)	PUNCT
ertr-98	165	10	,	,	PUNCT
ertr-98	165	11	vol	vol	NOUN
ertr-98	165	12	.	.	PUNCT
ertr-98	165	13	14	14	NUM
ertr-98	165	14	issue	issue	NOUN
ertr-98	165	15	3.4	3.4	NUM
ertr-98	165	16	,	,	PUNCT
ertr-98	165	17	2017	2017	NUM
ertr-98	165	18	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	165	19	180	180	NUM
ertr-98	165	20	5	5	NUM
ertr-98	165	21	.	.	PUNCT
ertr-98	165	22	results	result	VERB
ertr-98	165	23	the	the	DET
ertr-98	165	24	results	result	NOUN
ertr-98	165	25	of	of	ADP
ertr-98	165	26	the	the	DET
ertr-98	165	27	analysis	analysis	NOUN
ertr-98	165	28	are	be	AUX
ertr-98	165	29	shown	show	VERB
ertr-98	165	30	in	in	ADP
ertr-98	165	31	table	table	NOUN
ertr-98	165	32	2	2	NUM
ertr-98	165	33	,	,	PUNCT
ertr-98	165	34	which	which	PRON
ertr-98	165	35	contains	contain	VERB
ertr-98	165	36	the	the	DET
ertr-98	165	37	estimates	estimate	NOUN
ertr-98	165	38	of	of	ADP
ertr-98	165	39	the	the	DET
ertr-98	165	40	average	average	ADJ
ertr-98	165	41	treatment	treatment	NOUN
ertr-98	165	42	effect	effect	NOUN
ertr-98	165	43	on	on	ADP
ertr-98	165	44	treated	treat	VERB
ertr-98	165	45	hotels	hotel	NOUN
ertr-98	165	46	(	(	PUNCT
ertr-98	165	47	δ	δ	PROPN
ertr-98	165	48	cdid	cdid	VERB
ertr-98	165	49	)	)	PUNCT
ertr-98	165	50	obtained	obtain	VERB
ertr-98	165	51	using	use	VERB
ertr-98	165	52	the	the	DET
ertr-98	165	53	cdid	cdid	VERB
ertr-98	165	54	.	.	PUNCT
ertr-98	166	1	as	as	ADP
ertr-98	166	2	cdid	cdid	VERB
ertr-98	166	3	controls	control	NOUN
ertr-98	166	4	for	for	ADP
ertr-98	166	5	time	time	NOUN
ertr-98	166	6	-	-	PUNCT
ertr-98	166	7	constant	constant	ADJ
ertr-98	166	8	unobserved	unobserved	ADJ
ertr-98	166	9	factors	factor	NOUN
ertr-98	166	10	,	,	PUNCT
ertr-98	166	11	it	it	PRON
ertr-98	166	12	is	be	AUX
ertr-98	166	13	possible	possible	ADJ
ertr-98	166	14	to	to	PART
ertr-98	166	15	interpret	interpret	VERB
ertr-98	166	16	the	the	DET
ertr-98	166	17	results	result	NOUN
ertr-98	166	18	as	as	ADP
ertr-98	166	19	the	the	DET
ertr-98	166	20	causal	causal	ADJ
ertr-98	166	21	effect	effect	NOUN
ertr-98	166	22	of	of	ADP
ertr-98	166	23	the	the	DET
ertr-98	166	24	policy	policy	NOUN
ertr-98	166	25	.	.	PUNCT
ertr-98	167	1	table	table	NOUN
ertr-98	167	2	2	2	NUM
ertr-98	167	3	.	.	PUNCT
ertr-98	167	4	estimates	estimate	NOUN
ertr-98	167	5	of	of	ADP
ertr-98	167	6	the	the	DET
ertr-98	167	7	average	average	ADJ
ertr-98	167	8	treatment	treatment	NOUN
ertr-98	167	9	effect	effect	NOUN
ertr-98	167	10	on	on	ADP
ertr-98	167	11	treated	treat	VERB
ertr-98	167	12	hotels	hotel	NOUN
ertr-98	167	13	outcome	outcome	NOUN
ertr-98	167	14	after	after	ADP
ertr-98	167	15	one	one	NUM
ertr-98	167	16	year	year	NOUN
ertr-98	167	17	after	after	ADP
ertr-98	167	18	two	two	NUM
ertr-98	167	19	years	year	NOUN
ertr-98	167	20	δ	δ	PROPN
ertr-98	167	21	cdid	cdid	VERB
ertr-98	167	22	std	std	PROPN
ertr-98	167	23	.	.	PUNCT
ertr-98	168	1	err	err	NOUN
ertr-98	168	2	.	.	PUNCT
ertr-98	169	1	z	z	NOUN
ertr-98	169	2	-	-	PUNCT
ertr-98	169	3	stat	stat	VERB
ertr-98	169	4	p	p	NOUN
ertr-98	169	5	-	-	PUNCT
ertr-98	169	6	value	value	NOUN
ertr-98	169	7	δ	δ	NOUN
ertr-98	169	8	cdid	cdid	VERB
ertr-98	169	9	std	std	PROPN
ertr-98	169	10	.	.	PUNCT
ertr-98	170	1	err	err	NOUN
ertr-98	170	2	.	.	PUNCT
ertr-98	171	1	z	z	NOUN
ertr-98	171	2	-	-	PUNCT
ertr-98	171	3	stat	stat	ADJ
ertr-98	171	4	p	p	NOUN
ertr-98	171	5	-	-	PUNCT
ertr-98	171	6	value	value	NOUN
ertr-98	171	7	occ_rate	occ_rate	NOUN
ertr-98	171	8	0.019	0.019	NUM
ertr-98	171	9	*	*	PUNCT
ertr-98	172	1	*	*	PUNCT
ertr-98	172	2	*	*	PUNCT
ertr-98	172	3	0.008	0.008	NUM
ertr-98	172	4	2.59	2.59	NUM
ertr-98	172	5	0.010	0.010	NUM
ertr-98	172	6	0.036	0.036	NUM
ertr-98	172	7	*	*	PUNCT
ertr-98	172	8	*	*	PUNCT
ertr-98	172	9	*	*	PUNCT
ertr-98	172	10	0.012	0.012	NUM
ertr-98	172	11	2.99	2.99	NUM
ertr-98	172	12	0.003	0.003	NUM
ertr-98	172	13	revpar	revpar	NOUN
ertr-98	172	14	2.624	2.624	NUM
ertr-98	172	15	*	*	PUNCT
ertr-98	172	16	*	*	PUNCT
ertr-98	172	17	*	*	PUNCT
ertr-98	172	18	0.641	0.641	NUM
ertr-98	172	19	4.09	4.09	NUM
ertr-98	172	20	<	<	NOUN
ertr-98	172	21	0.001	0.001	NUM
ertr-98	172	22	4.223	4.223	NUM
ertr-98	172	23	*	*	PUNCT
ertr-98	172	24	*	*	PUNCT
ertr-98	172	25	*	*	PUNCT
ertr-98	172	26	1.022	1.022	NUM
ertr-98	172	27	4.13	4.13	NUM
ertr-98	172	28	<	<	NOUN
ertr-98	172	29	0.001	0.001	NUM
ertr-98	172	30	notes	note	NOUN
ertr-98	172	31	.	.	PUNCT
ertr-98	173	1	estimates	estimate	NOUN
ertr-98	173	2	are	be	AUX
ertr-98	173	3	given	give	VERB
ertr-98	173	4	as	as	ADP
ertr-98	173	5	the	the	DET
ertr-98	173	6	difference	difference	NOUN
ertr-98	173	7	in	in	ADP
ertr-98	173	8	levels	level	NOUN
ertr-98	173	9	between	between	ADP
ertr-98	173	10	treated	treat	VERB
ertr-98	173	11	and	and	CCONJ
ertr-98	173	12	control	control	NOUN
ertr-98	173	13	hotels	hotel	NOUN
ertr-98	173	14	;	;	PUNCT
ertr-98	173	15	exact	exact	ADJ
ertr-98	173	16	match	match	NOUN
ertr-98	173	17	on	on	ADP
ertr-98	173	18	hotel	hotel	NOUN
ertr-98	173	19	category	category	NOUN
ertr-98	173	20	,	,	PUNCT
ertr-98	173	21	destination	destination	NOUN
ertr-98	173	22	,	,	PUNCT
ertr-98	173	23	and	and	CCONJ
ertr-98	173	24	year	year	NOUN
ertr-98	173	25	;	;	PUNCT
ertr-98	173	26	%	%	NOUN
ertr-98	173	27	of	of	ADP
ertr-98	173	28	exact	exact	ADJ
ertr-98	173	29	matches	match	NOUN
ertr-98	173	30	:	:	PUNCT
ertr-98	173	31	100	100	NUM
ertr-98	173	32	;	;	PUNCT
ertr-98	173	33	*	*	PUNCT
ertr-98	173	34	*	*	PUNCT
ertr-98	173	35	*	*	PUNCT
ertr-98	173	36	p<0.01	p<0.01	PROPN
ertr-98	173	37	;	;	PUNCT
ertr-98	173	38	*	*	PUNCT
ertr-98	173	39	*	*	PUNCT
ertr-98	173	40	p<0.05	p<0.05	NOUN
ertr-98	173	41	.	.	PUNCT
ertr-98	174	1	receiving	receive	VERB
ertr-98	174	2	subsidies	subsidy	NOUN
ertr-98	174	3	had	have	VERB
ertr-98	174	4	a	a	DET
ertr-98	174	5	positive	positive	ADJ
ertr-98	174	6	and	and	CCONJ
ertr-98	174	7	statistically	statistically	ADV
ertr-98	174	8	significant	significant	ADJ
ertr-98	174	9	effect	effect	NOUN
ertr-98	174	10	on	on	ADP
ertr-98	174	11	the	the	DET
ertr-98	174	12	outcomes	outcome	NOUN
ertr-98	174	13	considered	consider	VERB
ertr-98	174	14	,	,	PUNCT
ertr-98	174	15	and	and	CCONJ
ertr-98	174	16	the	the	DET
ertr-98	174	17	influence	influence	NOUN
ertr-98	174	18	of	of	ADP
ertr-98	174	19	subsidies	subsidy	NOUN
ertr-98	174	20	increased	increase	VERB
ertr-98	174	21	over	over	ADP
ertr-98	174	22	time	time	NOUN
ertr-98	174	23	.	.	PUNCT
ertr-98	175	1	the	the	DET
ertr-98	175	2	daily	daily	ADJ
ertr-98	175	3	occupancy	occupancy	NOUN
ertr-98	175	4	rate	rate	NOUN
ertr-98	175	5	(	(	PUNCT
ertr-98	175	6	occ_rate	occ_rate	NOUN
ertr-98	175	7	)	)	PUNCT
ertr-98	175	8	of	of	ADP
ertr-98	175	9	subsidised	subsidised	ADJ
ertr-98	175	10	hotels	hotel	NOUN
ertr-98	175	11	increased	increase	VERB
ertr-98	175	12	on	on	ADP
ertr-98	175	13	average	average	ADJ
ertr-98	175	14	by	by	ADP
ertr-98	175	15	about	about	ADV
ertr-98	175	16	2	2	NUM
ertr-98	175	17	%	%	NOUN
ertr-98	175	18	after	after	ADP
ertr-98	175	19	one	one	NUM
ertr-98	175	20	year	year	NOUN
ertr-98	175	21	and	and	CCONJ
ertr-98	175	22	by	by	ADP
ertr-98	175	23	about	about	ADV
ertr-98	175	24	3.6	3.6	NUM
ertr-98	175	25	%	%	NOUN
ertr-98	175	26	after	after	ADP
ertr-98	175	27	two	two	NUM
ertr-98	175	28	years	year	NOUN
ertr-98	175	29	.	.	PUNCT
ertr-98	176	1	the	the	DET
ertr-98	176	2	average	average	ADJ
ertr-98	176	3	effect	effect	NOUN
ertr-98	176	4	on	on	ADP
ertr-98	176	5	the	the	DET
ertr-98	176	6	daily	daily	ADJ
ertr-98	176	7	revenue	revenue	NOUN
ertr-98	176	8	per	per	ADP
ertr-98	176	9	available	available	ADJ
ertr-98	176	10	rooms	room	NOUN
ertr-98	176	11	(	(	PUNCT
ertr-98	176	12	revpar	revpar	NOUN
ertr-98	176	13	)	)	PUNCT
ertr-98	176	14	was	be	AUX
ertr-98	176	15	also	also	ADV
ertr-98	176	16	positive	positive	ADJ
ertr-98	176	17	(	(	PUNCT
ertr-98	176	18	2.6	2.6	NUM
ertr-98	176	19	%	%	NOUN
ertr-98	176	20	)	)	PUNCT
ertr-98	176	21	and	and	CCONJ
ertr-98	176	22	increased	increase	VERB
ertr-98	176	23	over	over	ADP
ertr-98	176	24	time	time	NOUN
ertr-98	176	25	(	(	PUNCT
ertr-98	176	26	4.2	4.2	NUM
ertr-98	176	27	%	%	NOUN
ertr-98	176	28	)	)	PUNCT
ertr-98	176	29	.	.	PUNCT
ertr-98	177	1	from	from	ADP
ertr-98	177	2	the	the	DET
ertr-98	177	3	point	point	NOUN
ertr-98	177	4	of	of	ADP
ertr-98	177	5	view	view	NOUN
ertr-98	177	6	of	of	ADP
ertr-98	177	7	policy	policy	NOUN
ertr-98	177	8	makers	maker	NOUN
ertr-98	177	9	,	,	PUNCT
ertr-98	177	10	these	these	PRON
ertr-98	177	11	are	be	AUX
ertr-98	177	12	important	important	ADJ
ertr-98	177	13	results	result	NOUN
ertr-98	177	14	.	.	PUNCT
ertr-98	178	1	on	on	ADP
ertr-98	178	2	average	average	ADJ
ertr-98	178	3	,	,	PUNCT
ertr-98	178	4	treated	treat	VERB
ertr-98	178	5	hotels	hotel	NOUN
ertr-98	178	6	were	be	AUX
ertr-98	178	7	able	able	ADJ
ertr-98	178	8	to	to	PART
ertr-98	178	9	increase	increase	VERB
ertr-98	178	10	their	their	PRON
ertr-98	178	11	margins	margin	NOUN
ertr-98	178	12	and	and	CCONJ
ertr-98	178	13	made	make	VERB
ertr-98	178	14	better	well	ADJ
ertr-98	178	15	use	use	NOUN
ertr-98	178	16	of	of	ADP
ertr-98	178	17	their	their	PRON
ertr-98	178	18	facilities	facility	NOUN
ertr-98	178	19	along	along	ADP
ertr-98	178	20	the	the	DET
ertr-98	178	21	year	year	NOUN
ertr-98	178	22	,	,	PUNCT
ertr-98	178	23	meaning	mean	VERB
ertr-98	178	24	that	that	SCONJ
ertr-98	178	25	the	the	DET
ertr-98	178	26	same	same	ADJ
ertr-98	178	27	fixed	fix	VERB
ertr-98	178	28	asset	asset	NOUN
ertr-98	178	29	is	be	AUX
ertr-98	178	30	at	at	ADP
ertr-98	178	31	the	the	DET
ertr-98	178	32	same	same	ADJ
ertr-98	178	33	time	time	NOUN
ertr-98	178	34	more	more	ADV
ertr-98	178	35	marketable	marketable	ADJ
ertr-98	178	36	and	and	CCONJ
ertr-98	178	37	more	more	ADV
ertr-98	178	38	efficiently	efficiently	ADV
ertr-98	178	39	used	use	VERB
ertr-98	178	40	.	.	PUNCT
ertr-98	179	1	we	we	PRON
ertr-98	179	2	can	can	AUX
ertr-98	179	3	hypothesize	hypothesize	VERB
ertr-98	179	4	that	that	SCONJ
ertr-98	179	5	this	this	PRON
ertr-98	179	6	is	be	AUX
ertr-98	179	7	an	an	DET
ertr-98	179	8	outcome	outcome	NOUN
ertr-98	179	9	of	of	ADP
ertr-98	179	10	a	a	DET
ertr-98	179	11	co	co	ADJ
ertr-98	179	12	-	-	ADJ
ertr-98	179	13	ordinated	ordinated	ADJ
ertr-98	179	14	effort	effort	NOUN
ertr-98	179	15	of	of	ADP
ertr-98	179	16	investment	investment	NOUN
ertr-98	179	17	that	that	PRON
ertr-98	179	18	improved	improve	VERB
ertr-98	179	19	the	the	DET
ertr-98	179	20	attractiveness	attractiveness	NOUN
ertr-98	179	21	of	of	ADP
ertr-98	179	22	a	a	DET
ertr-98	179	23	destination	destination	NOUN
ertr-98	179	24	;	;	PUNCT
ertr-98	179	25	but	but	CCONJ
ertr-98	179	26	to	to	PART
ertr-98	179	27	verify	verify	VERB
ertr-98	179	28	that	that	SCONJ
ertr-98	179	29	the	the	DET
ertr-98	179	30	mechanism	mechanism	NOUN
ertr-98	179	31	through	through	ADP
ertr-98	179	32	which	which	PRON
ertr-98	179	33	the	the	DET
ertr-98	179	34	observed	observed	ADJ
ertr-98	179	35	effect	effect	NOUN
ertr-98	179	36	take	take	VERB
ertr-98	179	37	place	place	NOUN
ertr-98	179	38	is	be	AUX
ertr-98	179	39	co	co	ADJ
ertr-98	179	40	-	-	ADJ
ertr-98	179	41	ordinated	ordinated	ADJ
ertr-98	179	42	investment	investment	NOUN
ertr-98	179	43	,	,	PUNCT
ertr-98	179	44	a	a	DET
ertr-98	179	45	new	new	ADJ
ertr-98	179	46	study	study	NOUN
ertr-98	179	47	is	be	AUX
ertr-98	179	48	needed	need	VERB
ertr-98	179	49	.	.	PUNCT
ertr-98	180	1	the	the	DET
ertr-98	180	2	importance	importance	NOUN
ertr-98	180	3	of	of	ADP
ertr-98	180	4	the	the	DET
ertr-98	180	5	observed	observe	VERB
ertr-98	180	6	outcome	outcome	NOUN
ertr-98	180	7	for	for	ADP
ertr-98	180	8	tourism	tourism	NOUN
ertr-98	180	9	policy	policy	NOUN
ertr-98	180	10	is	be	AUX
ertr-98	180	11	in	in	ADP
ertr-98	180	12	any	any	DET
ertr-98	180	13	case	case	NOUN
ertr-98	180	14	glaring	glare	VERB
ertr-98	180	15	:	:	PUNCT
ertr-98	180	16	not	not	PART
ertr-98	180	17	only	only	ADV
ertr-98	180	18	the	the	DET
ertr-98	180	19	risk	risk	NOUN
ertr-98	180	20	of	of	ADP
ertr-98	180	21	underinvestment	underinvestment	NOUN
ertr-98	180	22	was	be	AUX
ertr-98	180	23	overcome	overcome	VERB
ertr-98	180	24	,	,	PUNCT
ertr-98	180	25	but	but	CCONJ
ertr-98	180	26	tourist	tourist	NOUN
ertr-98	180	27	resorts	resort	NOUN
ertr-98	180	28	were	be	AUX
ertr-98	180	29	able	able	ADJ
ertr-98	180	30	to	to	PART
ertr-98	180	31	get	get	VERB
ertr-98	180	32	better	well	ADJ
ertr-98	180	33	results	result	NOUN
ertr-98	180	34	by	by	ADP
ertr-98	180	35	intensifying	intensify	VERB
ertr-98	180	36	the	the	DET
ertr-98	180	37	use	use	NOUN
ertr-98	180	38	and	and	CCONJ
ertr-98	180	39	revenue	revenue	NOUN
ertr-98	180	40	of	of	ADP
ertr-98	180	41	assets	asset	NOUN
ertr-98	180	42	.	.	PUNCT
ertr-98	181	1	in	in	ADP
ertr-98	181	2	destinations	destination	NOUN
ertr-98	181	3	depending	depend	VERB
ertr-98	181	4	mostly	mostly	ADV
ertr-98	181	5	on	on	ADP
ertr-98	181	6	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	181	7	e	e	NOUN
ertr-98	181	8	-	-	NOUN
ertr-98	181	9	review	review	NOUN
ertr-98	181	10	of	of	ADP
ertr-98	181	11	tourism	tourism	NOUN
ertr-98	181	12	research	research	NOUN
ertr-98	181	13	(	(	PUNCT
ertr-98	181	14	ertr	ertr	NOUN
ertr-98	181	15	)	)	PUNCT
ertr-98	181	16	,	,	PUNCT
ertr-98	181	17	vol	vol	NOUN
ertr-98	181	18	.	.	PUNCT
ertr-98	182	1	14	14	NUM
ertr-98	182	2	issue	issue	NOUN
ertr-98	182	3	3.4	3.4	NUM
ertr-98	182	4	,	,	PUNCT
ertr-98	182	5	2017	2017	NUM
ertr-98	182	6	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	182	7	181	181	NUM
ertr-98	182	8	natural	natural	ADJ
ertr-98	182	9	resources	resource	NOUN
ertr-98	182	10	and	and	CCONJ
ertr-98	182	11	beautiful	beautiful	ADJ
ertr-98	182	12	landscapes	landscape	NOUN
ertr-98	182	13	,	,	PUNCT
ertr-98	182	14	the	the	DET
ertr-98	182	15	possibility	possibility	NOUN
ertr-98	182	16	to	to	PART
ertr-98	182	17	rely	rely	VERB
ertr-98	182	18	on	on	ADP
ertr-98	182	19	intensive	intensive	ADJ
ertr-98	182	20	margins	margin	NOUN
ertr-98	182	21	and	and	CCONJ
ertr-98	182	22	on	on	ADP
ertr-98	182	23	efficient	efficient	ADJ
ertr-98	182	24	use	use	NOUN
ertr-98	182	25	of	of	ADP
ertr-98	182	26	capital	capital	NOUN
ertr-98	182	27	instead	instead	ADV
ertr-98	182	28	is	be	AUX
ertr-98	182	29	in	in	ADP
ertr-98	182	30	itself	itself	PRON
ertr-98	182	31	upmost	upmost	VERB
ertr-98	182	32	relevant	relevant	ADJ
ertr-98	182	33	.	.	PUNCT
ertr-98	183	1	6	6	X
ertr-98	183	2	.	.	X
ertr-98	184	1	concluding	conclude	VERB
ertr-98	184	2	remarks	remark	VERB
ertr-98	184	3	the	the	DET
ertr-98	184	4	study	study	NOUN
ertr-98	184	5	investigated	investigate	VERB
ertr-98	184	6	the	the	DET
ertr-98	184	7	ability	ability	NOUN
ertr-98	184	8	to	to	PART
ertr-98	184	9	foster	foster	VERB
ertr-98	184	10	firms	firm	NOUN
ertr-98	184	11	’	'	PUNCT
ertr-98	184	12	quality	quality	NOUN
ertr-98	184	13	of	of	ADP
ertr-98	184	14	the	the	DET
ertr-98	184	15	co	co	ADJ
ertr-98	184	16	-	-	ADJ
ertr-98	184	17	financing	financing	ADJ
ertr-98	184	18	activity	activity	NOUN
ertr-98	184	19	in	in	ADP
ertr-98	184	20	hotel	hotel	NOUN
ertr-98	184	21	investments	investment	NOUN
ertr-98	184	22	in	in	ADP
ertr-98	184	23	fixed	fix	VERB
ertr-98	184	24	capital	capital	NOUN
ertr-98	184	25	and	and	CCONJ
ertr-98	184	26	environmental	environmental	ADJ
ertr-98	184	27	investments	investment	NOUN
ertr-98	184	28	implemented	implement	VERB
ertr-98	184	29	through	through	ADP
ertr-98	184	30	the	the	DET
ertr-98	184	31	pl	pl	PROPN
ertr-98	184	32	6/99	6/99	NUM
ertr-98	184	33	in	in	ADP
ertr-98	184	34	the	the	DET
ertr-98	184	35	trentino	trentino	NOUN
ertr-98	184	36	province	province	NOUN
ertr-98	184	37	.	.	PUNCT
ertr-98	185	1	we	we	PRON
ertr-98	185	2	took	take	VERB
ertr-98	185	3	into	into	ADP
ertr-98	185	4	account	account	NOUN
ertr-98	185	5	agglomeration	agglomeration	NOUN
ertr-98	185	6	and	and	CCONJ
ertr-98	185	7	localisation	localisation	NOUN
ertr-98	185	8	factors	factor	NOUN
ertr-98	185	9	in	in	ADP
ertr-98	185	10	determining	determine	VERB
ertr-98	185	11	the	the	DET
ertr-98	185	12	magnitude	magnitude	NOUN
ertr-98	185	13	of	of	ADP
ertr-98	185	14	the	the	DET
ertr-98	185	15	effect	effect	NOUN
ertr-98	185	16	of	of	ADP
ertr-98	185	17	the	the	DET
ertr-98	185	18	policy	policy	NOUN
ertr-98	185	19	.	.	PUNCT
ertr-98	186	1	the	the	DET
ertr-98	186	2	identification	identification	NOUN
ertr-98	186	3	of	of	ADP
ertr-98	186	4	the	the	DET
ertr-98	186	5	causal	causal	ADJ
ertr-98	186	6	effect	effect	NOUN
ertr-98	186	7	of	of	ADP
ertr-98	186	8	the	the	DET
ertr-98	186	9	policy	policy	NOUN
ertr-98	186	10	is	be	AUX
ertr-98	186	11	granted	grant	VERB
ertr-98	186	12	by	by	ADP
ertr-98	186	13	the	the	DET
ertr-98	186	14	high	high	ADJ
ertr-98	186	15	degree	degree	NOUN
ertr-98	186	16	of	of	ADP
ertr-98	186	17	comparability	comparability	NOUN
ertr-98	186	18	of	of	ADP
ertr-98	186	19	subsidised	subsidised	ADJ
ertr-98	186	20	and	and	CCONJ
ertr-98	186	21	control	control	NOUN
ertr-98	186	22	hotels	hotel	NOUN
ertr-98	186	23	and	and	CCONJ
ertr-98	186	24	by	by	ADP
ertr-98	186	25	the	the	DET
ertr-98	186	26	absence	absence	NOUN
ertr-98	186	27	of	of	ADP
ertr-98	186	28	confounding	confound	VERB
ertr-98	186	29	effects	effect	NOUN
ertr-98	186	30	arising	arise	VERB
ertr-98	186	31	from	from	ADP
ertr-98	186	32	the	the	DET
ertr-98	186	33	overlapping	overlapping	NOUN
ertr-98	186	34	of	of	ADP
ertr-98	186	35	policies	policy	NOUN
ertr-98	186	36	due	due	ADJ
ertr-98	186	37	to	to	ADP
ertr-98	186	38	multiple	multiple	ADJ
ertr-98	186	39	levels	level	NOUN
ertr-98	186	40	of	of	ADP
ertr-98	186	41	interventions	intervention	NOUN
ertr-98	186	42	.	.	PUNCT
ertr-98	187	1	results	result	NOUN
ertr-98	187	2	signal	signal	VERB
ertr-98	187	3	that	that	SCONJ
ertr-98	187	4	the	the	DET
ertr-98	187	5	policy	policy	NOUN
ertr-98	187	6	was	be	AUX
ertr-98	187	7	effective	effective	ADJ
ertr-98	187	8	:	:	PUNCT
ertr-98	187	9	competitiveness	competitiveness	NOUN
ertr-98	187	10	of	of	ADP
ertr-98	187	11	subsidised	subsidised	ADJ
ertr-98	187	12	hotels	hotel	NOUN
ertr-98	187	13	was	be	AUX
ertr-98	187	14	stimulated	stimulate	VERB
ertr-98	187	15	through	through	ADP
ertr-98	187	16	the	the	DET
ertr-98	187	17	programme	programme	NOUN
ertr-98	187	18	.	.	PUNCT
ertr-98	188	1	subsidised	subsidised	ADJ
ertr-98	188	2	hotels	hotel	NOUN
ertr-98	188	3	changed	change	VERB
ertr-98	188	4	the	the	DET
ertr-98	188	5	investment	investment	NOUN
ertr-98	188	6	policy	policy	NOUN
ertr-98	188	7	and	and	CCONJ
ertr-98	188	8	consequently	consequently	ADV
ertr-98	188	9	their	their	PRON
ertr-98	188	10	performances	performance	NOUN
ertr-98	188	11	.	.	PUNCT
ertr-98	189	1	we	we	PRON
ertr-98	189	2	can	can	AUX
ertr-98	189	3	get	get	VERB
ertr-98	189	4	managerial	managerial	ADJ
ertr-98	189	5	implications	implication	NOUN
ertr-98	189	6	from	from	ADP
ertr-98	189	7	the	the	DET
ertr-98	189	8	results	result	NOUN
ertr-98	189	9	.	.	PUNCT
ertr-98	190	1	if	if	SCONJ
ertr-98	190	2	subsidised	subsidised	ADJ
ertr-98	190	3	hotels	hotel	NOUN
ertr-98	190	4	are	be	AUX
ertr-98	190	5	able	able	ADJ
ertr-98	190	6	to	to	PART
ertr-98	190	7	upgrade	upgrade	VERB
ertr-98	190	8	their	their	PRON
ertr-98	190	9	competitiveness	competitiveness	NOUN
ertr-98	190	10	,	,	PUNCT
ertr-98	190	11	then	then	ADV
ertr-98	190	12	it	it	PRON
ertr-98	190	13	is	be	AUX
ertr-98	190	14	important	important	ADJ
ertr-98	190	15	for	for	SCONJ
ertr-98	190	16	hotels	hotel	NOUN
ertr-98	190	17	to	to	PART
ertr-98	190	18	have	have	VERB
ertr-98	190	19	access	access	NOUN
ertr-98	190	20	subsidies	subsidy	NOUN
ertr-98	190	21	.	.	PUNCT
ertr-98	191	1	hotels	hotel	NOUN
ertr-98	191	2	should	should	AUX
ertr-98	191	3	endow	endow	VERB
ertr-98	191	4	themselves	themselves	PRON
ertr-98	191	5	with	with	ADP
ertr-98	191	6	the	the	DET
ertr-98	191	7	administrative	administrative	ADJ
ertr-98	191	8	structure	structure	NOUN
ertr-98	191	9	to	to	PART
ertr-98	191	10	be	be	AUX
ertr-98	191	11	able	able	ADJ
ertr-98	191	12	to	to	PART
ertr-98	191	13	successfully	successfully	ADV
ertr-98	191	14	carry	carry	VERB
ertr-98	191	15	on	on	ADP
ertr-98	191	16	the	the	DET
ertr-98	191	17	application	application	NOUN
ertr-98	191	18	process	process	NOUN
ertr-98	191	19	related	relate	VERB
ertr-98	191	20	with	with	ADP
ertr-98	191	21	the	the	DET
ertr-98	191	22	grant	grant	NOUN
ertr-98	191	23	concession	concession	NOUN
ertr-98	191	24	.	.	PUNCT
ertr-98	192	1	moreover	moreover	ADV
ertr-98	192	2	,	,	PUNCT
ertr-98	192	3	they	they	PRON
ertr-98	192	4	have	have	VERB
ertr-98	192	5	to	to	PART
ertr-98	192	6	identify	identify	VERB
ertr-98	192	7	the	the	DET
ertr-98	192	8	investments	investment	NOUN
ertr-98	192	9	worth	worth	ADJ
ertr-98	192	10	being	be	AUX
ertr-98	192	11	realised	realise	VERB
ertr-98	192	12	and	and	CCONJ
ertr-98	192	13	assess	assess	VERB
ertr-98	192	14	their	their	PRON
ertr-98	192	15	competitive	competitive	ADJ
ertr-98	192	16	position	position	NOUN
ertr-98	192	17	,	,	PUNCT
ertr-98	192	18	strengths	strength	NOUN
ertr-98	192	19	,	,	PUNCT
ertr-98	192	20	and	and	CCONJ
ertr-98	192	21	weaknesses	weakness	NOUN
ertr-98	192	22	in	in	ADP
ertr-98	192	23	order	order	NOUN
ertr-98	192	24	to	to	PART
ertr-98	192	25	make	make	VERB
ertr-98	192	26	better	well	ADJ
ertr-98	192	27	use	use	NOUN
ertr-98	192	28	of	of	ADP
ertr-98	192	29	the	the	DET
ertr-98	192	30	additional	additional	ADJ
ertr-98	192	31	money	money	NOUN
ertr-98	192	32	coming	come	VERB
ertr-98	192	33	from	from	ADP
ertr-98	192	34	the	the	DET
ertr-98	192	35	policymaker	policymaker	NOUN
ertr-98	192	36	.	.	PUNCT
ertr-98	193	1	the	the	DET
ertr-98	193	2	external	external	ADJ
ertr-98	193	3	validity	validity	NOUN
ertr-98	193	4	of	of	ADP
ertr-98	193	5	the	the	DET
ertr-98	193	6	evaluation	evaluation	NOUN
ertr-98	193	7	exercise	exercise	NOUN
ertr-98	193	8	we	we	PRON
ertr-98	193	9	carried	carry	VERB
ertr-98	193	10	out	out	ADP
ertr-98	193	11	depends	depend	VERB
ertr-98	193	12	on	on	ADP
ertr-98	193	13	the	the	DET
ertr-98	193	14	local	local	ADJ
ertr-98	193	15	conditions	condition	NOUN
ertr-98	193	16	and	and	CCONJ
ertr-98	193	17	on	on	ADP
ertr-98	193	18	the	the	DET
ertr-98	193	19	particular	particular	ADJ
ertr-98	193	20	structure	structure	NOUN
ertr-98	193	21	of	of	ADP
ertr-98	193	22	the	the	DET
ertr-98	193	23	setting	setting	NOUN
ertr-98	193	24	under	under	ADP
ertr-98	193	25	exploration	exploration	NOUN
ertr-98	193	26	.	.	PUNCT
ertr-98	194	1	finally	finally	ADV
ertr-98	194	2	,	,	PUNCT
ertr-98	194	3	while	while	SCONJ
ertr-98	194	4	our	our	PRON
ertr-98	194	5	setting	setting	NOUN
ertr-98	194	6	allows	allow	VERB
ertr-98	194	7	the	the	DET
ertr-98	194	8	exploration	exploration	NOUN
ertr-98	194	9	of	of	ADP
ertr-98	194	10	a	a	DET
ertr-98	194	11	short	short	ADJ
ertr-98	194	12	-	-	PUNCT
ertr-98	194	13	term	term	NOUN
ertr-98	194	14	effect	effect	NOUN
ertr-98	194	15	of	of	ADP
ertr-98	194	16	subsidies	subsidy	NOUN
ertr-98	194	17	,	,	PUNCT
ertr-98	194	18	we	we	PRON
ertr-98	194	19	can	can	AUX
ertr-98	194	20	not	not	PART
ertr-98	194	21	foresee	foresee	VERB
ertr-98	194	22	the	the	DET
ertr-98	194	23	effect	effect	NOUN
ertr-98	194	24	over	over	ADP
ertr-98	194	25	a	a	DET
ertr-98	194	26	longer	long	ADJ
ertr-98	194	27	time	time	NOUN
ertr-98	194	28	horizon	horizon	NOUN
ertr-98	194	29	.	.	PUNCT
ertr-98	195	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	196	1	e	e	X
ertr-98	196	2	-	-	NOUN
ertr-98	196	3	review	review	NOUN
ertr-98	196	4	of	of	ADP
ertr-98	196	5	tourism	tourism	NOUN
ertr-98	196	6	research	research	NOUN
ertr-98	196	7	(	(	PUNCT
ertr-98	196	8	ertr	ertr	NOUN
ertr-98	196	9	)	)	PUNCT
ertr-98	196	10	,	,	PUNCT
ertr-98	196	11	vol	vol	NOUN
ertr-98	196	12	.	.	PUNCT
ertr-98	196	13	14	14	NUM
ertr-98	196	14	issue	issue	NOUN
ertr-98	196	15	3.4	3.4	NUM
ertr-98	196	16	,	,	PUNCT
ertr-98	196	17	2017	2017	NUM
ertr-98	196	18	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	196	19	182	182	NUM
ertr-98	196	20	acknowledgements	acknowledgement	NOUN
ertr-98	196	21	the	the	DET
ertr-98	196	22	authors	author	NOUN
ertr-98	196	23	acknowledge	acknowledge	VERB
ertr-98	196	24	the	the	DET
ertr-98	196	25	caritro	caritro	ADJ
ertr-98	196	26	foundation	foundation	NOUN
ertr-98	196	27	for	for	ADP
ertr-98	196	28	financial	financial	ADJ
ertr-98	196	29	support	support	NOUN
ertr-98	196	30	,	,	PUNCT
ertr-98	196	31	and	and	CCONJ
ertr-98	196	32	the	the	DET
ertr-98	196	33	ispatufficio	ispatufficio	PROPN
ertr-98	196	34	ricerche	ricerche	X
ertr-98	196	35	e	e	PRON
ertr-98	196	36	rilevazioni	rilevazioni	VERB
ertr-98	196	37	statistiche	statistiche	NOUN
ertr-98	196	38	and	and	CCONJ
ertr-98	196	39	apiae	apiae	NOUN
ertr-98	196	40	(	(	PUNCT
ertr-98	196	41	agenzia	agenzia	PROPN
ertr-98	196	42	per	per	ADP
ertr-98	196	43	l’incentivazione	l’incentivazione	PROPN
ertr-98	196	44	dell’attività	dell’attività	NOUN
ertr-98	196	45	economica	economica	PROPN
ertr-98	196	46	)	)	PUNCT
ertr-98	196	47	of	of	ADP
ertr-98	196	48	trentino	trentino	NOUN
ertr-98	196	49	province	province	NOUN
ertr-98	196	50	for	for	ADP
ertr-98	196	51	providing	provide	VERB
ertr-98	196	52	access	access	NOUN
ertr-98	196	53	to	to	ADP
ertr-98	196	54	data	datum	NOUN
ertr-98	196	55	.	.	PUNCT
ertr-98	197	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	198	1	e	e	X
ertr-98	198	2	-	-	NOUN
ertr-98	198	3	review	review	NOUN
ertr-98	198	4	of	of	ADP
ertr-98	198	5	tourism	tourism	NOUN
ertr-98	198	6	research	research	NOUN
ertr-98	198	7	(	(	PUNCT
ertr-98	198	8	ertr	ertr	NOUN
ertr-98	198	9	)	)	PUNCT
ertr-98	198	10	,	,	PUNCT
ertr-98	198	11	vol	vol	NOUN
ertr-98	198	12	.	.	PUNCT
ertr-98	198	13	14	14	NUM
ertr-98	198	14	issue	issue	NOUN
ertr-98	198	15	3.4	3.4	NUM
ertr-98	198	16	,	,	PUNCT
ertr-98	198	17	2017	2017	NUM
ertr-98	198	18	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	198	19	183	183	NUM
ertr-98	198	20	references	reference	NOUN
ertr-98	198	21	abadie	abadie	VERB
ertr-98	198	22	,	,	PUNCT
ertr-98	198	23	a.	a.	NOUN
ertr-98	198	24	,	,	PUNCT
ertr-98	198	25	drukker	drukker	PROPN
ertr-98	198	26	,	,	PUNCT
ertr-98	198	27	d.	d.	PROPN
ertr-98	198	28	,	,	PUNCT
ertr-98	198	29	herr	herr	PROPN
ertr-98	198	30	,	,	PUNCT
ertr-98	198	31	j.	j.	PROPN
ertr-98	198	32	l.	l.	PROPN
ertr-98	198	33	,	,	PUNCT
ertr-98	198	34	&	&	CCONJ
ertr-98	198	35	imbens	imbens	PROPN
ertr-98	198	36	,	,	PUNCT
ertr-98	198	37	g.	g.	PROPN
ertr-98	198	38	w.	w.	PROPN
ertr-98	198	39	(	(	PUNCT
ertr-98	198	40	2004	2004	NUM
ertr-98	198	41	)	)	PUNCT
ertr-98	198	42	.	.	PUNCT
ertr-98	199	1	implementing	implement	VERB
ertr-98	199	2	matching	matching	NOUN
ertr-98	199	3	estimators	estimator	NOUN
ertr-98	199	4	for	for	ADP
ertr-98	199	5	average	average	ADJ
ertr-98	199	6	treatment	treatment	NOUN
ertr-98	199	7	effects	effect	NOUN
ertr-98	199	8	in	in	ADP
ertr-98	199	9	stata	stata	PROPN
ertr-98	199	10	.	.	PUNCT
ertr-98	200	1	stata	stata	PROPN
ertr-98	200	2	journal	journal	PROPN
ertr-98	200	3	,	,	PUNCT
ertr-98	200	4	4	4	NUM
ertr-98	200	5	,	,	PUNCT
ertr-98	200	6	290–311	290–311	NUM
ertr-98	200	7	.	.	PUNCT
ertr-98	201	1	abadie	abadie	PROPN
ertr-98	201	2	,	,	PUNCT
ertr-98	201	3	a.	a.	PROPN
ertr-98	201	4	,	,	PUNCT
ertr-98	201	5	&	&	CCONJ
ertr-98	201	6	imbens	imbens	PROPN
ertr-98	201	7	,	,	PUNCT
ertr-98	201	8	g.	g.	PROPN
ertr-98	201	9	w.	w.	PROPN
ertr-98	201	10	(	(	PUNCT
ertr-98	201	11	2002	2002	NUM
ertr-98	201	12	)	)	PUNCT
ertr-98	201	13	.	.	PUNCT
ertr-98	202	1	simple	simple	ADJ
ertr-98	202	2	and	and	CCONJ
ertr-98	202	3	bias	bias	NOUN
ertr-98	202	4	-	-	PUNCT
ertr-98	202	5	corrected	correct	VERB
ertr-98	202	6	matching	matching	NOUN
ertr-98	202	7	estimators	estimator	NOUN
ertr-98	202	8	for	for	ADP
ertr-98	202	9	average	average	ADJ
ertr-98	202	10	treatment	treatment	NOUN
ertr-98	202	11	effects	effect	NOUN
ertr-98	202	12	.	.	PUNCT
ertr-98	203	1	nber	nber	PROPN
ertr-98	203	2	working	working	PROPN
ertr-98	203	3	paper	paper	PROPN
ertr-98	203	4	n.	n.	PROPN
ertr-98	203	5	283	283	NUM
ertr-98	203	6	.	.	PUNCT
ertr-98	204	1	almus	almus	NOUN
ertr-98	204	2	,	,	PUNCT
ertr-98	204	3	m.	m.	NOUN
ertr-98	204	4	,	,	PUNCT
ertr-98	204	5	&	&	CCONJ
ertr-98	204	6	czarnitzki	czarnitzki	PROPN
ertr-98	204	7	,	,	PUNCT
ertr-98	204	8	d.	d.	PROPN
ertr-98	204	9	(	(	PUNCT
ertr-98	204	10	2003	2003	NUM
ertr-98	204	11	)	)	PUNCT
ertr-98	204	12	.	.	PUNCT
ertr-98	205	1	the	the	DET
ertr-98	205	2	effects	effect	NOUN
ertr-98	205	3	of	of	ADP
ertr-98	205	4	public	public	ADJ
ertr-98	205	5	r&d	r&d	NOUN
ertr-98	205	6	subsidies	subsidy	NOUN
ertr-98	205	7	on	on	ADP
ertr-98	205	8	firms	firm	NOUN
ertr-98	205	9	’	’	PART
ertr-98	205	10	innovation	innovation	NOUN
ertr-98	205	11	activities	activity	NOUN
ertr-98	205	12	:	:	PUNCT
ertr-98	205	13	the	the	DET
ertr-98	205	14	case	case	NOUN
ertr-98	205	15	of	of	ADP
ertr-98	205	16	eastern	eastern	PROPN
ertr-98	205	17	germany	germany	PROPN
ertr-98	205	18	.	.	PUNCT
ertr-98	206	1	journal	journal	PROPN
ertr-98	206	2	of	of	ADP
ertr-98	206	3	business	business	PROPN
ertr-98	206	4	&	&	CCONJ
ertr-98	206	5	economic	economic	ADJ
ertr-98	206	6	statistics	statistic	NOUN
ertr-98	206	7	,	,	PUNCT
ertr-98	206	8	21(2	21(2	NUM
ertr-98	206	9	)	)	PUNCT
ertr-98	206	10	,	,	PUNCT
ertr-98	206	11	226–236	226–236	NUM
ertr-98	206	12	.	.	PUNCT
ertr-98	207	1	assaf	assaf	PROPN
ertr-98	207	2	,	,	PUNCT
ertr-98	207	3	a.	a.	PROPN
ertr-98	207	4	,	,	PUNCT
ertr-98	207	5	&	&	CCONJ
ertr-98	207	6	kneževic	kneževic	ADJ
ertr-98	207	7	´	´	PROPN
ertr-98	207	8	cvelbar	cvelbar	NOUN
ertr-98	207	9	,	,	PUNCT
ertr-98	207	10	l.	l.	PROPN
ertr-98	207	11	(	(	PUNCT
ertr-98	207	12	2011	2011	NUM
ertr-98	207	13	)	)	PUNCT
ertr-98	207	14	.	.	PUNCT
ertr-98	208	1	privatization	privatization	NOUN
ertr-98	208	2	,	,	PUNCT
ertr-98	208	3	market	market	NOUN
ertr-98	208	4	competition	competition	NOUN
ertr-98	208	5	,	,	PUNCT
ertr-98	208	6	international	international	ADJ
ertr-98	208	7	attractiveness	attractiveness	NOUN
ertr-98	208	8	,	,	PUNCT
ertr-98	208	9	management	management	NOUN
ertr-98	208	10	tenure	tenure	NOUN
ertr-98	208	11	and	and	CCONJ
ertr-98	208	12	hotel	hotel	NOUN
ertr-98	208	13	performance	performance	NOUN
ertr-98	208	14	:	:	PUNCT
ertr-98	208	15	evidence	evidence	NOUN
ertr-98	208	16	from	from	ADP
ertr-98	208	17	slovenia	slovenia	PROPN
ertr-98	208	18	.	.	PUNCT
ertr-98	209	1	international	international	ADJ
ertr-98	209	2	journal	journal	PROPN
ertr-98	209	3	of	of	ADP
ertr-98	209	4	hospitality	hospitality	PROPN
ertr-98	209	5	management	management	NOUN
ertr-98	209	6	,	,	PUNCT
ertr-98	209	7	30(2	30(2	NUM
ertr-98	209	8	)	)	PUNCT
ertr-98	209	9	,	,	PUNCT
ertr-98	209	10	391–397	391–397	NUM
ertr-98	209	11	.	.	PUNCT
ertr-98	210	1	asthana	asthana	PROPN
ertr-98	210	2	,	,	PUNCT
ertr-98	210	3	s.	s.	PROPN
ertr-98	210	4	c.	c.	PROPN
ertr-98	210	5	,	,	PUNCT
ertr-98	210	6	&	&	CCONJ
ertr-98	210	7	zhang	zhang	PROPN
ertr-98	210	8	,	,	PUNCT
ertr-98	210	9	y.	y.	PROPN
ertr-98	210	10	(	(	PUNCT
ertr-98	210	11	2006	2006	NUM
ertr-98	210	12	)	)	PUNCT
ertr-98	210	13	.	.	PUNCT
ertr-98	211	1	effect	effect	NOUN
ertr-98	211	2	of	of	ADP
ertr-98	211	3	r&d	r&d	NOUN
ertr-98	211	4	investments	investment	NOUN
ertr-98	211	5	on	on	ADP
ertr-98	211	6	persistence	persistence	NOUN
ertr-98	211	7	of	of	ADP
ertr-98	211	8	abnormal	abnormal	ADJ
ertr-98	211	9	earnings	earning	NOUN
ertr-98	211	10	.	.	PUNCT
ertr-98	212	1	review	review	NOUN
ertr-98	212	2	of	of	ADP
ertr-98	212	3	accounting	accounting	NOUN
ertr-98	212	4	and	and	CCONJ
ertr-98	212	5	finance	finance	NOUN
ertr-98	212	6	,	,	PUNCT
ertr-98	212	7	5(2	5(2	NUM
ertr-98	212	8	)	)	PUNCT
ertr-98	212	9	,	,	PUNCT
ertr-98	212	10	124–139	124–139	NUM
ertr-98	212	11	.	.	PUNCT
ertr-98	213	1	baginski	baginski	PROPN
ertr-98	213	2	,	,	PUNCT
ertr-98	213	3	s.	s.	PROPN
ertr-98	213	4	p.	p.	PROPN
ertr-98	213	5	,	,	PUNCT
ertr-98	213	6	lorek	lorek	PROPN
ertr-98	213	7	,	,	PUNCT
ertr-98	213	8	k.	k.	PROPN
ertr-98	213	9	s.	s.	PROPN
ertr-98	213	10	,	,	PUNCT
ertr-98	213	11	willinger	willinger	NOUN
ertr-98	213	12	,	,	PUNCT
ertr-98	213	13	g.	g.	PROPN
ertr-98	213	14	l.	l.	PROPN
ertr-98	213	15	,	,	PUNCT
ertr-98	213	16	&	&	CCONJ
ertr-98	213	17	branson	branson	PROPN
ertr-98	213	18	,	,	PUNCT
ertr-98	213	19	b.	b.	PROPN
ertr-98	213	20	c.	c.	PROPN
ertr-98	213	21	(	(	PUNCT
ertr-98	213	22	1999	1999	NUM
ertr-98	213	23	)	)	PUNCT
ertr-98	213	24	.	.	PUNCT
ertr-98	214	1	the	the	DET
ertr-98	214	2	relationship	relationship	NOUN
ertr-98	214	3	between	between	ADP
ertr-98	214	4	economic	economic	ADJ
ertr-98	214	5	characteristics	characteristic	NOUN
ertr-98	214	6	and	and	CCONJ
ertr-98	214	7	alternative	alternative	ADJ
ertr-98	214	8	annual	annual	ADJ
ertr-98	214	9	earnings	earning	NOUN
ertr-98	214	10	persistence	persistence	NOUN
ertr-98	214	11	measures	measure	NOUN
ertr-98	214	12	.	.	PUNCT
ertr-98	215	1	the	the	DET
ertr-98	215	2	accounting	accounting	NOUN
ertr-98	215	3	review	review	NOUN
ertr-98	215	4	,	,	PUNCT
ertr-98	215	5	74(1	74(1	NOUN
ertr-98	215	6	)	)	PUNCT
ertr-98	215	7	,	,	PUNCT
ertr-98	215	8	105–120	105–120	NUM
ertr-98	215	9	.	.	PUNCT
ertr-98	215	10	balaguer	balaguer	PROPN
ertr-98	215	11	,	,	PUNCT
ertr-98	215	12	j.	j.	PROPN
ertr-98	215	13	,	,	PUNCT
ertr-98	215	14	&	&	CCONJ
ertr-98	215	15	cantavella	cantavella	PROPN
ertr-98	215	16	-	-	PUNCT
ertr-98	215	17	jorda	jorda	PROPN
ertr-98	215	18	,	,	PUNCT
ertr-98	215	19	m.	m.	NOUN
ertr-98	215	20	(	(	PUNCT
ertr-98	215	21	2002	2002	NUM
ertr-98	215	22	)	)	PUNCT
ertr-98	215	23	.	.	PUNCT
ertr-98	216	1	tourism	tourism	NOUN
ertr-98	216	2	as	as	ADP
ertr-98	216	3	a	a	DET
ertr-98	216	4	long	long	ADV
ertr-98	216	5	-	-	PUNCT
ertr-98	216	6	run	run	VERB
ertr-98	216	7	economic	economic	ADJ
ertr-98	216	8	growth	growth	NOUN
ertr-98	216	9	factor	factor	NOUN
ertr-98	216	10	:	:	PUNCT
ertr-98	216	11	the	the	DET
ertr-98	216	12	spanish	spanish	ADJ
ertr-98	216	13	case	case	NOUN
ertr-98	216	14	.	.	PUNCT
ertr-98	217	1	applied	apply	VERB
ertr-98	217	2	economics	economic	NOUN
ertr-98	217	3	,	,	PUNCT
ertr-98	217	4	34(7	34(7	NUM
ertr-98	217	5	)	)	PUNCT
ertr-98	217	6	,	,	PUNCT
ertr-98	217	7	877–884	877–884	NUM
ertr-98	217	8	.	.	PUNCT
ertr-98	217	9	baum	baum	PROPN
ertr-98	217	10	,	,	PUNCT
ertr-98	217	11	j.	j.	PROPN
ertr-98	217	12	a.	a.	PROPN
ertr-98	217	13	,	,	PUNCT
ertr-98	217	14	&	&	CCONJ
ertr-98	217	15	haveman	haveman	PROPN
ertr-98	217	16	,	,	PUNCT
ertr-98	217	17	h.	h.	PROPN
ertr-98	217	18	a.	a.	PROPN
ertr-98	217	19	(	(	PUNCT
ertr-98	217	20	1997	1997	NUM
ertr-98	217	21	)	)	PUNCT
ertr-98	217	22	.	.	PUNCT
ertr-98	218	1	love	love	VERB
ertr-98	218	2	thy	thy	PRON
ertr-98	218	3	neighbor	neighbor	NOUN
ertr-98	218	4	?	?	PUNCT
ertr-98	219	1	differentiation	differentiation	NOUN
ertr-98	219	2	and	and	CCONJ
ertr-98	219	3	agglomeration	agglomeration	NOUN
ertr-98	219	4	in	in	ADP
ertr-98	219	5	the	the	DET
ertr-98	219	6	manhattan	manhattan	PROPN
ertr-98	219	7	hotel	hotel	NOUN
ertr-98	219	8	industry	industry	NOUN
ertr-98	219	9	,	,	PUNCT
ertr-98	219	10	1898	1898	NUM
ertr-98	219	11	-	-	SYM
ertr-98	219	12	1990	1990	NUM
ertr-98	219	13	.	.	PUNCT
ertr-98	220	1	administrative	administrative	ADJ
ertr-98	220	2	science	science	PROPN
ertr-98	220	3	quarterly	quarterly	PROPN
ertr-98	220	4	,	,	PUNCT
ertr-98	220	5	42(2	42(2	PROPN
ertr-98	220	6	)	)	PUNCT
ertr-98	220	7	,	,	PUNCT
ertr-98	220	8	304–338	304–338	NUM
ertr-98	220	9	.	.	PUNCT
ertr-98	221	1	baum	baum	PROPN
ertr-98	221	2	,	,	PUNCT
ertr-98	221	3	j.	j.	PROPN
ertr-98	221	4	a.	a.	PROPN
ertr-98	221	5	c.	c.	PROPN
ertr-98	221	6	,	,	PUNCT
ertr-98	221	7	&	&	CCONJ
ertr-98	221	8	mezias	mezias	PROPN
ertr-98	221	9	,	,	PUNCT
ertr-98	221	10	s.	s.	PROPN
ertr-98	221	11	j.	j.	PROPN
ertr-98	221	12	(	(	PUNCT
ertr-98	221	13	1992	1992	NUM
ertr-98	221	14	)	)	PUNCT
ertr-98	221	15	.	.	PUNCT
ertr-98	222	1	localized	localize	VERB
ertr-98	222	2	competition	competition	NOUN
ertr-98	222	3	and	and	CCONJ
ertr-98	222	4	organizational	organizational	ADJ
ertr-98	222	5	failure	failure	NOUN
ertr-98	222	6	in	in	ADP
ertr-98	222	7	the	the	DET
ertr-98	222	8	manhattan	manhattan	PROPN
ertr-98	222	9	hotel	hotel	NOUN
ertr-98	222	10	industry	industry	NOUN
ertr-98	222	11	.	.	PUNCT
ertr-98	223	1	administrative	administrative	ADJ
ertr-98	223	2	science	science	PROPN
ertr-98	223	3	quarterly	quarterly	ADV
ertr-98	223	4	,	,	PUNCT
ertr-98	223	5	37	37	NUM
ertr-98	223	6	,	,	PUNCT
ertr-98	223	7	580–604	580–604	NUM
ertr-98	223	8	.	.	PUNCT
ertr-98	224	1	baum	baum	PROPN
ertr-98	224	2	,	,	PUNCT
ertr-98	224	3	t.	t.	PROPN
ertr-98	224	4	,	,	PUNCT
ertr-98	224	5	&	&	CCONJ
ertr-98	224	6	hagen	hagen	PROPN
ertr-98	224	7	,	,	PUNCT
ertr-98	224	8	l.	l.	PROPN
ertr-98	224	9	(	(	PUNCT
ertr-98	224	10	1999	1999	NUM
ertr-98	224	11	)	)	PUNCT
ertr-98	224	12	.	.	PUNCT
ertr-98	225	1	responses	response	NOUN
ertr-98	225	2	to	to	ADP
ertr-98	225	3	seasonality	seasonality	NOUN
ertr-98	225	4	:	:	PUNCT
ertr-98	225	5	the	the	DET
ertr-98	225	6	experiences	experience	NOUN
ertr-98	225	7	of	of	ADP
ertr-98	225	8	peripheral	peripheral	ADJ
ertr-98	225	9	destinations	destination	NOUN
ertr-98	225	10	.	.	PUNCT
ertr-98	226	1	international	international	ADJ
ertr-98	226	2	journal	journal	PROPN
ertr-98	226	3	of	of	ADP
ertr-98	226	4	tourism	tourism	NOUN
ertr-98	226	5	research	research	NOUN
ertr-98	226	6	,	,	PUNCT
ertr-98	226	7	1(5	1(5	NUM
ertr-98	226	8	)	)	PUNCT
ertr-98	226	9	,	,	PUNCT
ertr-98	226	10	299–312	299–312	NUM
ertr-98	226	11	.	.	PUNCT
ertr-98	227	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	227	2	e	e	NOUN
ertr-98	227	3	-	-	NOUN
ertr-98	227	4	review	review	NOUN
ertr-98	227	5	of	of	ADP
ertr-98	227	6	tourism	tourism	NOUN
ertr-98	227	7	research	research	NOUN
ertr-98	227	8	(	(	PUNCT
ertr-98	227	9	ertr	ertr	NOUN
ertr-98	227	10	)	)	PUNCT
ertr-98	227	11	,	,	PUNCT
ertr-98	227	12	vol	vol	NOUN
ertr-98	227	13	.	.	PUNCT
ertr-98	227	14	14	14	NUM
ertr-98	227	15	issue	issue	NOUN
ertr-98	227	16	3.4	3.4	NUM
ertr-98	227	17	,	,	PUNCT
ertr-98	227	18	2017	2017	NUM
ertr-98	227	19	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	227	20	184	184	NUM
ertr-98	227	21	bergström	bergström	NOUN
ertr-98	227	22	,	,	PUNCT
ertr-98	227	23	f.	f.	PROPN
ertr-98	227	24	(	(	PUNCT
ertr-98	227	25	2000	2000	NUM
ertr-98	227	26	)	)	PUNCT
ertr-98	227	27	.	.	PUNCT
ertr-98	228	1	capital	capital	NOUN
ertr-98	228	2	subsidies	subsidy	NOUN
ertr-98	228	3	and	and	CCONJ
ertr-98	228	4	the	the	DET
ertr-98	228	5	performance	performance	NOUN
ertr-98	228	6	of	of	ADP
ertr-98	228	7	firms	firm	NOUN
ertr-98	228	8	.	.	PUNCT
ertr-98	229	1	small	small	ADJ
ertr-98	229	2	business	business	NOUN
ertr-98	229	3	economics	economic	NOUN
ertr-98	229	4	,	,	PUNCT
ertr-98	229	5	14(3	14(3	NUM
ertr-98	229	6	)	)	PUNCT
ertr-98	229	7	,	,	PUNCT
ertr-98	229	8	183–193	183–193	NUM
ertr-98	229	9	.	.	PUNCT
ertr-98	230	1	beritelli	beritelli	PROPN
ertr-98	230	2	,	,	PUNCT
ertr-98	230	3	p.	p.	NOUN
ertr-98	230	4	,	,	PUNCT
ertr-98	230	5	bieger	bieger	PROPN
ertr-98	230	6	,	,	PUNCT
ertr-98	230	7	t.	t.	PROPN
ertr-98	230	8	,	,	PUNCT
ertr-98	230	9	&	&	CCONJ
ertr-98	230	10	laesser	laesser	PROPN
ertr-98	230	11	,	,	PUNCT
ertr-98	230	12	c.	c.	PROPN
ertr-98	230	13	(	(	PUNCT
ertr-98	230	14	2007	2007	NUM
ertr-98	230	15	)	)	PUNCT
ertr-98	230	16	.	.	PUNCT
ertr-98	231	1	destination	destination	NOUN
ertr-98	231	2	governance	governance	NOUN
ertr-98	231	3	:	:	PUNCT
ertr-98	231	4	using	use	VERB
ertr-98	231	5	corporate	corporate	ADJ
ertr-98	231	6	governance	governance	NOUN
ertr-98	231	7	theories	theory	NOUN
ertr-98	231	8	as	as	ADP
ertr-98	231	9	a	a	DET
ertr-98	231	10	foundation	foundation	NOUN
ertr-98	231	11	for	for	ADP
ertr-98	231	12	effective	effective	ADJ
ertr-98	231	13	destination	destination	NOUN
ertr-98	231	14	management	management	NOUN
ertr-98	231	15	.	.	PUNCT
ertr-98	232	1	journal	journal	PROPN
ertr-98	232	2	of	of	ADP
ertr-98	232	3	travel	travel	NOUN
ertr-98	232	4	research	research	NOUN
ertr-98	232	5	,	,	PUNCT
ertr-98	232	6	46(1	46(1	PROPN
ertr-98	232	7	)	)	PUNCT
ertr-98	232	8	,	,	PUNCT
ertr-98	232	9	96–107	96–107	PROPN
ertr-98	232	10	.	.	PUNCT
ertr-98	232	11	bernini	bernini	PROPN
ertr-98	232	12	,	,	PUNCT
ertr-98	232	13	c.	c.	PROPN
ertr-98	232	14	,	,	PUNCT
ertr-98	232	15	&	&	CCONJ
ertr-98	232	16	pellegrini	pellegrini	PROPN
ertr-98	232	17	,	,	PUNCT
ertr-98	232	18	g.	g.	PROPN
ertr-98	232	19	(	(	PUNCT
ertr-98	232	20	2013	2013	NUM
ertr-98	232	21	)	)	PUNCT
ertr-98	232	22	.	.	PUNCT
ertr-98	233	1	is	be	AUX
ertr-98	233	2	subsidizing	subsidize	VERB
ertr-98	233	3	tourism	tourism	NOUN
ertr-98	233	4	firms	firm	NOUN
ertr-98	233	5	an	an	DET
ertr-98	233	6	effective	effective	ADJ
ertr-98	233	7	use	use	NOUN
ertr-98	233	8	of	of	ADP
ertr-98	233	9	public	public	ADJ
ertr-98	233	10	funds	fund	NOUN
ertr-98	233	11	?	?	PUNCT
ertr-98	234	1	tourism	tourism	NOUN
ertr-98	234	2	management	management	NOUN
ertr-98	234	3	,	,	PUNCT
ertr-98	234	4	35	35	NUM
ertr-98	234	5	,	,	PUNCT
ertr-98	234	6	156–167	156–167	NUM
ertr-98	234	7	.	.	PUNCT
ertr-98	235	1	calveras	calveras	PROPN
ertr-98	235	2	,	,	PUNCT
ertr-98	235	3	a.	a.	NOUN
ertr-98	235	4	,	,	PUNCT
ertr-98	235	5	&	&	CCONJ
ertr-98	235	6	vera	vera	NOUN
ertr-98	235	7	-	-	PUNCT
ertr-98	235	8	hernández	hernández	PROPN
ertr-98	235	9	,	,	PUNCT
ertr-98	235	10	m.	m.	NOUN
ertr-98	235	11	(	(	PUNCT
ertr-98	235	12	2005	2005	NUM
ertr-98	235	13	)	)	PUNCT
ertr-98	235	14	.	.	PUNCT
ertr-98	236	1	quality	quality	NOUN
ertr-98	236	2	externalities	externality	NOUN
ertr-98	236	3	among	among	ADP
ertr-98	236	4	hotel	hotel	NOUN
ertr-98	236	5	establishments	establishment	NOUN
ertr-98	236	6	:	:	PUNCT
ertr-98	236	7	what	what	PRON
ertr-98	236	8	is	be	AUX
ertr-98	236	9	the	the	DET
ertr-98	236	10	impact	impact	NOUN
ertr-98	236	11	of	of	ADP
ertr-98	236	12	tour	tour	NOUN
ertr-98	236	13	operators	operator	NOUN
ertr-98	236	14	?	?	PUNCT
ertr-98	237	1	tourism	tourism	NOUN
ertr-98	237	2	economics	economic	NOUN
ertr-98	237	3	,	,	PUNCT
ertr-98	237	4	11(4	11(4	NUM
ertr-98	237	5	)	)	PUNCT
ertr-98	237	6	,	,	PUNCT
ertr-98	237	7	571–593	571–593	NUM
ertr-98	237	8	.	.	PUNCT
ertr-98	238	1	carreira	carreira	PROPN
ertr-98	238	2	,	,	PUNCT
ertr-98	238	3	c.	c.	PROPN
ertr-98	238	4	,	,	PUNCT
ertr-98	238	5	&	&	CCONJ
ertr-98	238	6	silva	silva	PROPN
ertr-98	238	7	,	,	PUNCT
ertr-98	238	8	f.	f.	PROPN
ertr-98	238	9	(	(	PUNCT
ertr-98	238	10	2010	2010	NUM
ertr-98	238	11	)	)	PUNCT
ertr-98	238	12	.	.	PUNCT
ertr-98	239	1	no	no	DET
ertr-98	239	2	deep	deep	ADJ
ertr-98	239	3	pockets	pocket	NOUN
ertr-98	239	4	:	:	PUNCT
ertr-98	239	5	some	some	PRON
ertr-98	239	6	stylized	stylize	VERB
ertr-98	239	7	empirical	empirical	ADJ
ertr-98	239	8	results	result	NOUN
ertr-98	239	9	on	on	ADP
ertr-98	239	10	firms	firm	NOUN
ertr-98	239	11	’	'	PUNCT
ertr-98	239	12	financial	financial	ADJ
ertr-98	239	13	constraints	constraint	NOUN
ertr-98	239	14	.	.	PUNCT
ertr-98	240	1	journal	journal	NOUN
ertr-98	240	2	of	of	ADP
ertr-98	240	3	economic	economic	ADJ
ertr-98	240	4	surveys	survey	NOUN
ertr-98	240	5	,	,	PUNCT
ertr-98	240	6	24(4	24(4	NOUN
ertr-98	240	7	)	)	PUNCT
ertr-98	240	8	,	,	PUNCT
ertr-98	240	9	731–753	731–753	NUM
ertr-98	240	10	.	.	PUNCT
ertr-98	241	1	cheng	cheng	PROPN
ertr-98	241	2	,	,	PUNCT
ertr-98	241	3	q.	q.	PROPN
ertr-98	241	4	(	(	PUNCT
ertr-98	241	5	2005	2005	NUM
ertr-98	241	6	)	)	PUNCT
ertr-98	241	7	.	.	PUNCT
ertr-98	242	1	what	what	PRON
ertr-98	242	2	determines	determine	VERB
ertr-98	242	3	residual	residual	ADJ
ertr-98	242	4	income	income	NOUN
ertr-98	242	5	?	?	PUNCT
ertr-98	243	1	the	the	DET
ertr-98	243	2	accounting	accounting	NOUN
ertr-98	243	3	review	review	NOUN
ertr-98	243	4	,	,	PUNCT
ertr-98	243	5	80(1	80(1	NUM
ertr-98	243	6	)	)	PUNCT
ertr-98	243	7	,	,	PUNCT
ertr-98	243	8	85–112	85–112	PROPN
ertr-98	243	9	.	.	PUNCT
ertr-98	243	10	chung	chung	PROPN
ertr-98	243	11	,	,	PUNCT
ertr-98	243	12	w.	w.	PROPN
ertr-98	243	13	,	,	PUNCT
ertr-98	243	14	&	&	CCONJ
ertr-98	243	15	kalnins	kalnin	NOUN
ertr-98	243	16	,	,	PUNCT
ertr-98	243	17	a.	a.	NOUN
ertr-98	243	18	(	(	PUNCT
ertr-98	243	19	2001	2001	NUM
ertr-98	243	20	)	)	PUNCT
ertr-98	243	21	.	.	PUNCT
ertr-98	244	1	agglomeration	agglomeration	NOUN
ertr-98	244	2	effects	effect	NOUN
ertr-98	244	3	and	and	CCONJ
ertr-98	244	4	performance	performance	NOUN
ertr-98	244	5	:	:	PUNCT
ertr-98	244	6	a	a	DET
ertr-98	244	7	test	test	NOUN
ertr-98	244	8	of	of	ADP
ertr-98	244	9	the	the	DET
ertr-98	244	10	texas	texas	PROPN
ertr-98	244	11	lodging	lodging	NOUN
ertr-98	244	12	industry	industry	NOUN
ertr-98	244	13	.	.	PUNCT
ertr-98	245	1	strategic	strategic	ADJ
ertr-98	245	2	management	management	NOUN
ertr-98	245	3	journal	journal	NOUN
ertr-98	245	4	,	,	PUNCT
ertr-98	245	5	22(10	22(10	NUM
ertr-98	245	6	)	)	PUNCT
ertr-98	245	7	,	,	PUNCT
ertr-98	245	8	969–988	969–988	NUM
ertr-98	245	9	.	.	PUNCT
ertr-98	246	1	corsino	corsino	PROPN
ertr-98	246	2	,	,	PUNCT
ertr-98	246	3	m.	m.	NOUN
ertr-98	246	4	,	,	PUNCT
ertr-98	246	5	mirabella	mirabella	PROPN
ertr-98	246	6	,	,	PUNCT
ertr-98	246	7	c.	c.	PROPN
ertr-98	246	8	,	,	PUNCT
ertr-98	246	9	tundis	tundis	PROPN
ertr-98	246	10	,	,	PUNCT
ertr-98	246	11	e.	e.	PROPN
ertr-98	246	12	,	,	PUNCT
ertr-98	246	13	&	&	CCONJ
ertr-98	246	14	zaninotto	zaninotto	PROPN
ertr-98	246	15	,	,	PUNCT
ertr-98	246	16	e.	e.	PROPN
ertr-98	246	17	(	(	PUNCT
ertr-98	246	18	2011	2011	NUM
ertr-98	246	19	)	)	PUNCT
ertr-98	246	20	.	.	PUNCT
ertr-98	247	1	fattori	fattori	PROPN
ertr-98	247	2	manageriali	manageriali	PROPN
ertr-98	247	3	,	,	PUNCT
ertr-98	247	4	condizioni	condizioni	PROPN
ertr-98	247	5	di	di	PROPN
ertr-98	247	6	contesto	contesto	PROPN
ertr-98	247	7	ed	ed	PROPN
ertr-98	247	8	efficienza	efficienza	PROPN
ertr-98	247	9	produttiva	produttiva	PROPN
ertr-98	247	10	nei	nei	PROPN
ertr-98	247	11	servizi	servizi	PROPN
ertr-98	247	12	.	.	PUNCT
ertr-98	248	1	uno	uno	PROPN
ertr-98	248	2	studio	studio	PROPN
ertr-98	248	3	sul	sul	PROPN
ertr-98	248	4	settore	settore	PROPN
ertr-98	248	5	alberghiero	alberghiero	PROPN
ertr-98	248	6	in	in	ADP
ertr-98	248	7	trentino	trentino	NOUN
ertr-98	248	8	.	.	PUNCT
ertr-98	249	1	economia	economia	PROPN
ertr-98	249	2	dei	dei	PROPN
ertr-98	249	3	servizi	servizi	PROPN
ertr-98	249	4	,	,	PUNCT
ertr-98	249	5	1	1	NUM
ertr-98	249	6	,	,	PUNCT
ertr-98	249	7	11–28	11–28	NUM
ertr-98	249	8	.	.	PUNCT
ertr-98	250	1	franch	franch	PROPN
ertr-98	250	2	,	,	PUNCT
ertr-98	250	3	m.	m.	NOUN
ertr-98	250	4	,	,	PUNCT
ertr-98	250	5	martini	martini	NOUN
ertr-98	250	6	,	,	PUNCT
ertr-98	250	7	u.	u.	PROPN
ertr-98	250	8	,	,	PUNCT
ertr-98	250	9	&	&	CCONJ
ertr-98	250	10	buffa	buffa	NOUN
ertr-98	250	11	,	,	PUNCT
ertr-98	250	12	f.	f.	PROPN
ertr-98	250	13	(	(	PUNCT
ertr-98	250	14	2010	2010	NUM
ertr-98	250	15	)	)	PUNCT
ertr-98	250	16	.	.	PUNCT
ertr-98	251	1	roles	role	NOUN
ertr-98	251	2	and	and	CCONJ
ertr-98	251	3	opinions	opinion	NOUN
ertr-98	251	4	of	of	ADP
ertr-98	251	5	primary	primary	ADJ
ertr-98	251	6	and	and	CCONJ
ertr-98	251	7	secondary	secondary	ADJ
ertr-98	251	8	stakeholders	stakeholder	NOUN
ertr-98	251	9	within	within	ADP
ertr-98	251	10	community	community	NOUN
ertr-98	251	11	-	-	PUNCT
ertr-98	251	12	type	type	NOUN
ertr-98	251	13	destinations	destination	NOUN
ertr-98	251	14	.	.	PUNCT
ertr-98	252	1	tourism	tourism	NOUN
ertr-98	252	2	review	review	NOUN
ertr-98	252	3	,	,	PUNCT
ertr-98	252	4	65(4	65(4	PROPN
ertr-98	252	5	)	)	PUNCT
ertr-98	252	6	,	,	PUNCT
ertr-98	252	7	74–85	74–85	NUM
ertr-98	252	8	.	.	PUNCT
ertr-98	253	1	gan	gan	PROPN
ertr-98	253	2	,	,	PUNCT
ertr-98	253	3	l.	l.	PROPN
ertr-98	253	4	,	,	PUNCT
ertr-98	253	5	&	&	CCONJ
ertr-98	253	6	hernandez	hernandez	PROPN
ertr-98	253	7	,	,	PUNCT
ertr-98	253	8	m.	m.	NOUN
ertr-98	253	9	a.	a.	PROPN
ertr-98	253	10	(	(	PUNCT
ertr-98	253	11	2013	2013	NUM
ertr-98	253	12	)	)	PUNCT
ertr-98	253	13	.	.	PUNCT
ertr-98	254	1	making	make	VERB
ertr-98	254	2	friends	friend	NOUN
ertr-98	254	3	with	with	ADP
ertr-98	254	4	your	your	PRON
ertr-98	254	5	neighbors	neighbor	NOUN
ertr-98	254	6	?	?	PUNCT
ertr-98	255	1	agglomeration	agglomeration	NOUN
ertr-98	255	2	and	and	CCONJ
ertr-98	255	3	tacit	tacit	ADJ
ertr-98	255	4	collusion	collusion	NOUN
ertr-98	255	5	in	in	ADP
ertr-98	255	6	the	the	DET
ertr-98	255	7	lodging	lodging	NOUN
ertr-98	255	8	industry	industry	NOUN
ertr-98	255	9	.	.	PUNCT
ertr-98	256	1	review	review	NOUN
ertr-98	256	2	of	of	ADP
ertr-98	256	3	economics	economic	NOUN
ertr-98	256	4	and	and	CCONJ
ertr-98	256	5	statistics	statistic	NOUN
ertr-98	256	6	,	,	PUNCT
ertr-98	256	7	95(3	95(3	NUM
ertr-98	256	8	)	)	PUNCT
ertr-98	256	9	,	,	PUNCT
ertr-98	256	10	1002–1017	1002–1017	NUM
ertr-98	256	11	.	.	PUNCT
ertr-98	257	1	gülcan	gülcan	PROPN
ertr-98	257	2	,	,	PUNCT
ertr-98	257	3	y.	y.	PROPN
ertr-98	257	4	,	,	PUNCT
ertr-98	257	5	kuştepeli	kuştepeli	PROPN
ertr-98	257	6	,	,	PUNCT
ertr-98	257	7	y.	y.	PROPN
ertr-98	257	8	,	,	PUNCT
ertr-98	257	9	&	&	CCONJ
ertr-98	257	10	akgüngör	akgüngör	PROPN
ertr-98	257	11	,	,	PUNCT
ertr-98	257	12	s.	s.	PROPN
ertr-98	257	13	(	(	PUNCT
ertr-98	257	14	2009	2009	NUM
ertr-98	257	15	)	)	PUNCT
ertr-98	257	16	.	.	PUNCT
ertr-98	258	1	public	public	ADJ
ertr-98	258	2	policies	policy	NOUN
ertr-98	258	3	and	and	CCONJ
ertr-98	258	4	development	development	NOUN
ertr-98	258	5	of	of	ADP
ertr-98	258	6	the	the	DET
ertr-98	258	7	tourism	tourism	NOUN
ertr-98	258	8	industry	industry	NOUN
ertr-98	258	9	in	in	ADP
ertr-98	258	10	the	the	DET
ertr-98	258	11	aegean	aegean	ADJ
ertr-98	258	12	region	region	NOUN
ertr-98	258	13	.	.	PUNCT
ertr-98	259	1	european	european	ADJ
ertr-98	259	2	planning	planning	PROPN
ertr-98	259	3	studies	study	NOUN
ertr-98	259	4	,	,	PUNCT
ertr-98	259	5	17(10	17(10	NUM
ertr-98	259	6	)	)	PUNCT
ertr-98	259	7	,	,	PUNCT
ertr-98	259	8	1509	1509	NUM
ertr-98	259	9	–	–	PUNCT
ertr-98	259	10	1523	1523	NUM
ertr-98	259	11	.	.	PUNCT
ertr-98	260	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	260	2	e	e	NOUN
ertr-98	260	3	-	-	NOUN
ertr-98	260	4	review	review	NOUN
ertr-98	260	5	of	of	ADP
ertr-98	260	6	tourism	tourism	NOUN
ertr-98	260	7	research	research	NOUN
ertr-98	260	8	(	(	PUNCT
ertr-98	260	9	ertr	ertr	NOUN
ertr-98	260	10	)	)	PUNCT
ertr-98	260	11	,	,	PUNCT
ertr-98	260	12	vol	vol	NOUN
ertr-98	260	13	.	.	PUNCT
ertr-98	260	14	14	14	NUM
ertr-98	260	15	issue	issue	NOUN
ertr-98	260	16	3.4	3.4	NUM
ertr-98	260	17	,	,	PUNCT
ertr-98	260	18	2017	2017	NUM
ertr-98	260	19	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	260	20	185	185	NUM
ertr-98	260	21	harris	harris	NOUN
ertr-98	260	22	,	,	PUNCT
ertr-98	260	23	c.	c.	PROPN
ertr-98	260	24	d.	d.	PROPN
ertr-98	260	25	(	(	PUNCT
ertr-98	260	26	1954	1954	NUM
ertr-98	260	27	)	)	PUNCT
ertr-98	260	28	.	.	PUNCT
ertr-98	261	1	the	the	DET
ertr-98	261	2	market	market	NOUN
ertr-98	261	3	as	as	ADP
ertr-98	261	4	a	a	DET
ertr-98	261	5	factor	factor	NOUN
ertr-98	261	6	in	in	ADP
ertr-98	261	7	the	the	DET
ertr-98	261	8	localization	localization	NOUN
ertr-98	261	9	of	of	ADP
ertr-98	261	10	industry	industry	NOUN
ertr-98	261	11	in	in	ADP
ertr-98	261	12	the	the	DET
ertr-98	261	13	united	united	PROPN
ertr-98	261	14	states	states	PROPN
ertr-98	261	15	.	.	PUNCT
ertr-98	262	1	annals	annal	NOUN
ertr-98	262	2	of	of	ADP
ertr-98	262	3	the	the	DET
ertr-98	262	4	association	association	NOUN
ertr-98	262	5	of	of	ADP
ertr-98	262	6	american	american	PROPN
ertr-98	262	7	geographers	geographers	PROPN
ertr-98	262	8	,	,	PUNCT
ertr-98	262	9	44(4	44(4	NOUN
ertr-98	262	10	)	)	PUNCT
ertr-98	262	11	,	,	PUNCT
ertr-98	262	12	315–348	315–348	NUM
ertr-98	262	13	.	.	PUNCT
ertr-98	263	1	imbens	imben	NOUN
ertr-98	263	2	,	,	PUNCT
ertr-98	263	3	g.	g.	PROPN
ertr-98	263	4	w.	w.	PROPN
ertr-98	263	5	(	(	PUNCT
ertr-98	263	6	2004	2004	NUM
ertr-98	263	7	)	)	PUNCT
ertr-98	263	8	.	.	PUNCT
ertr-98	264	1	nonparametric	nonparametric	NOUN
ertr-98	264	2	estimation	estimation	NOUN
ertr-98	264	3	of	of	ADP
ertr-98	264	4	average	average	ADJ
ertr-98	264	5	treatment	treatment	NOUN
ertr-98	264	6	effects	effect	NOUN
ertr-98	264	7	under	under	ADP
ertr-98	264	8	exogeneity	exogeneity	NOUN
ertr-98	264	9	:	:	PUNCT
ertr-98	264	10	a	a	DET
ertr-98	264	11	review	review	NOUN
ertr-98	264	12	.	.	PUNCT
ertr-98	265	1	review	review	NOUN
ertr-98	265	2	of	of	ADP
ertr-98	265	3	economics	economic	NOUN
ertr-98	265	4	and	and	CCONJ
ertr-98	265	5	statistics	statistic	NOUN
ertr-98	265	6	,	,	PUNCT
ertr-98	265	7	86(1	86(1	PROPN
ertr-98	265	8	)	)	PUNCT
ertr-98	265	9	,	,	PUNCT
ertr-98	266	1	4–29	4–29	PROPN
ertr-98	266	2	.	.	PUNCT
ertr-98	267	1	kalnins	kalnin	NOUN
ertr-98	267	2	,	,	PUNCT
ertr-98	267	3	a.	a.	NOUN
ertr-98	267	4	,	,	PUNCT
ertr-98	267	5	&	&	CCONJ
ertr-98	267	6	chung	chung	PROPN
ertr-98	267	7	,	,	PUNCT
ertr-98	267	8	w.	w.	PROPN
ertr-98	267	9	(	(	PUNCT
ertr-98	267	10	2004	2004	NUM
ertr-98	267	11	)	)	PUNCT
ertr-98	267	12	.	.	PUNCT
ertr-98	268	1	resource‐seeking	resource‐seeke	VERB
ertr-98	268	2	agglomeration	agglomeration	NOUN
ertr-98	268	3	:	:	PUNCT
ertr-98	268	4	a	a	DET
ertr-98	268	5	study	study	NOUN
ertr-98	268	6	of	of	ADP
ertr-98	268	7	market	market	NOUN
ertr-98	268	8	entry	entry	NOUN
ertr-98	268	9	in	in	ADP
ertr-98	268	10	the	the	DET
ertr-98	268	11	lodging	lodging	NOUN
ertr-98	268	12	industry	industry	NOUN
ertr-98	268	13	.	.	PUNCT
ertr-98	269	1	strategic	strategic	ADJ
ertr-98	269	2	management	management	NOUN
ertr-98	269	3	journal	journal	NOUN
ertr-98	269	4	,	,	PUNCT
ertr-98	269	5	25(7	25(7	NUM
ertr-98	269	6	)	)	PUNCT
ertr-98	269	7	,	,	PUNCT
ertr-98	269	8	689–699	689–699	NUM
ertr-98	269	9	.	.	PUNCT
ertr-98	270	1	keller	keller	PROPN
ertr-98	270	2	,	,	PUNCT
ertr-98	270	3	p.	p.	NOUN
ertr-98	270	4	(	(	PUNCT
ertr-98	270	5	2005	2005	NUM
ertr-98	270	6	)	)	PUNCT
ertr-98	270	7	.	.	PUNCT
ertr-98	271	1	global	global	ADJ
ertr-98	271	2	tourism	tourism	NOUN
ertr-98	271	3	growth	growth	NOUN
ertr-98	271	4	:	:	PUNCT
ertr-98	271	5	a	a	DET
ertr-98	271	6	challenge	challenge	NOUN
ertr-98	271	7	for	for	ADP
ertr-98	271	8	smes	sme	NOUN
ertr-98	271	9	.	.	PUNCT
ertr-98	272	1	paper	paper	NOUN
ertr-98	272	2	presented	present	VERB
ertr-98	272	3	at	at	ADP
ertr-98	272	4	the	the	DET
ertr-98	272	5	oecd	oecd	PROPN
ertr-98	272	6	conference	conference	NOUN
ertr-98	272	7	on	on	ADP
ertr-98	272	8	global	global	ADJ
ertr-98	272	9	tourism	tourism	NOUN
ertr-98	272	10	growth	growth	NOUN
ertr-98	272	11	,	,	PUNCT
ertr-98	272	12	korea	korea	PROPN
ertr-98	272	13	.	.	PUNCT
ertr-98	273	1	keller	keller	PROPN
ertr-98	273	2	,	,	PUNCT
ertr-98	273	3	p.	p.	PROPN
ertr-98	273	4	,	,	PUNCT
ertr-98	273	5	&	&	CCONJ
ertr-98	273	6	bieger	bieger	PROPN
ertr-98	273	7	,	,	PUNCT
ertr-98	273	8	t.	t.	PROPN
ertr-98	273	9	(	(	PUNCT
ertr-98	273	10	2007	2007	NUM
ertr-98	273	11	)	)	PUNCT
ertr-98	273	12	.	.	PUNCT
ertr-98	274	1	productivity	productivity	NOUN
ertr-98	274	2	in	in	ADP
ertr-98	274	3	tourism	tourism	NOUN
ertr-98	274	4	:	:	PUNCT
ertr-98	274	5	fundamentals	fundamental	NOUN
ertr-98	274	6	and	and	CCONJ
ertr-98	274	7	concepts	concept	NOUN
ertr-98	274	8	for	for	ADP
ertr-98	274	9	achieving	achieve	VERB
ertr-98	274	10	growth	growth	NOUN
ertr-98	274	11	and	and	CCONJ
ertr-98	274	12	competitiveness	competitiveness	NOUN
ertr-98	274	13	.	.	PUNCT
ertr-98	275	1	berlin	berlin	PROPN
ertr-98	275	2	:	:	PUNCT
ertr-98	275	3	erich	erich	PROPN
ertr-98	275	4	schmidt	schmidt	PROPN
ertr-98	275	5	verlag	verlag	PROPN
ertr-98	275	6	gmbh	gmbh	PROPN
ertr-98	275	7	&	&	CCONJ
ertr-98	275	8	co	co	NOUN
ertr-98	275	9	kg	kg	PROPN
ertr-98	275	10	.	.	PUNCT
ertr-98	276	1	logar	logar	PROPN
ertr-98	276	2	,	,	PUNCT
ertr-98	276	3	i.	i.	PROPN
ertr-98	276	4	(	(	PUNCT
ertr-98	276	5	2010	2010	NUM
ertr-98	276	6	)	)	PUNCT
ertr-98	276	7	.	.	PUNCT
ertr-98	277	1	sustainable	sustainable	ADJ
ertr-98	277	2	tourism	tourism	NOUN
ertr-98	277	3	management	management	NOUN
ertr-98	277	4	in	in	ADP
ertr-98	277	5	crikvenica	crikvenica	PROPN
ertr-98	277	6	,	,	PUNCT
ertr-98	277	7	croatia	croatia	PROPN
ertr-98	277	8	:	:	PUNCT
ertr-98	277	9	an	an	DET
ertr-98	277	10	assessment	assessment	NOUN
ertr-98	277	11	of	of	ADP
ertr-98	277	12	policy	policy	NOUN
ertr-98	277	13	instruments	instrument	NOUN
ertr-98	277	14	.	.	PUNCT
ertr-98	278	1	tourism	tourism	NOUN
ertr-98	278	2	management	management	NOUN
ertr-98	278	3	,	,	PUNCT
ertr-98	278	4	31(1	31(1	NUM
ertr-98	278	5	)	)	PUNCT
ertr-98	278	6	,	,	PUNCT
ertr-98	278	7	125–135	125–135	NUM
ertr-98	278	8	.	.	PUNCT
ertr-98	279	1	morikawa	morikawa	NOUN
ertr-98	279	2	,	,	PUNCT
ertr-98	279	3	m.	m.	NOUN
ertr-98	279	4	(	(	PUNCT
ertr-98	279	5	2011	2011	NUM
ertr-98	279	6	)	)	PUNCT
ertr-98	279	7	.	.	PUNCT
ertr-98	280	1	economies	economy	NOUN
ertr-98	280	2	of	of	ADP
ertr-98	280	3	density	density	NOUN
ertr-98	280	4	and	and	CCONJ
ertr-98	280	5	productivity	productivity	NOUN
ertr-98	280	6	in	in	ADP
ertr-98	280	7	service	service	NOUN
ertr-98	280	8	industries	industry	NOUN
ertr-98	280	9	:	:	PUNCT
ertr-98	280	10	an	an	DET
ertr-98	280	11	analysis	analysis	NOUN
ertr-98	280	12	of	of	ADP
ertr-98	280	13	personal	personal	ADJ
ertr-98	280	14	service	service	NOUN
ertr-98	280	15	industries	industry	NOUN
ertr-98	280	16	based	base	VERB
ertr-98	280	17	on	on	ADP
ertr-98	280	18	establishment	establishment	NOUN
ertr-98	280	19	-	-	PUNCT
ertr-98	280	20	level	level	NOUN
ertr-98	280	21	data	datum	NOUN
ertr-98	280	22	.	.	PUNCT
ertr-98	281	1	the	the	DET
ertr-98	281	2	review	review	NOUN
ertr-98	281	3	of	of	ADP
ertr-98	281	4	economics	economic	NOUN
ertr-98	281	5	and	and	CCONJ
ertr-98	281	6	statistics	statistic	NOUN
ertr-98	281	7	,	,	PUNCT
ertr-98	281	8	93(1	93(1	NUM
ertr-98	281	9	)	)	PUNCT
ertr-98	281	10	,	,	PUNCT
ertr-98	281	11	179–192	179–192	NUM
ertr-98	281	12	.	.	PUNCT
ertr-98	282	1	oecd	oecd	PROPN
ertr-98	282	2	.	.	PUNCT
ertr-98	283	1	(	(	PUNCT
ertr-98	283	2	2006	2006	NUM
ertr-98	283	3	)	)	PUNCT
ertr-98	283	4	.	.	PUNCT
ertr-98	284	1	innovation	innovation	NOUN
ertr-98	284	2	and	and	CCONJ
ertr-98	284	3	growth	growth	NOUN
ertr-98	284	4	in	in	ADP
ertr-98	284	5	tourism	tourism	NOUN
ertr-98	284	6	.	.	PUNCT
ertr-98	285	1	paris	paris	PROPN
ertr-98	285	2	:	:	PUNCT
ertr-98	286	1	oecd	oecd	PROPN
ertr-98	286	2	.	.	PUNCT
ertr-98	287	1	oecd	oecd	PROPN
ertr-98	287	2	.	.	PUNCT
ertr-98	288	1	(	(	PUNCT
ertr-98	288	2	2010	2010	NUM
ertr-98	288	3	)	)	PUNCT
ertr-98	288	4	.	.	PUNCT
ertr-98	289	1	oecd	oecd	PROPN
ertr-98	289	2	tourism	tourism	NOUN
ertr-98	289	3	trends	trend	NOUN
ertr-98	289	4	and	and	CCONJ
ertr-98	289	5	policies	policy	NOUN
ertr-98	289	6	2010	2010	NUM
ertr-98	289	7	.	.	PUNCT
ertr-98	290	1	paris	paris	PROPN
ertr-98	290	2	:	:	PUNCT
ertr-98	291	1	oecd	oecd	PROPN
ertr-98	291	2	.	.	PROPN
ertr-98	291	3	orfila	orfila	PROPN
ertr-98	291	4	-	-	PUNCT
ertr-98	291	5	sintes	sinte	NOUN
ertr-98	291	6	,	,	PUNCT
ertr-98	291	7	f.	f.	PROPN
ertr-98	291	8	,	,	PUNCT
ertr-98	291	9	&	&	CCONJ
ertr-98	291	10	mattsson	mattsson	PROPN
ertr-98	291	11	,	,	PUNCT
ertr-98	291	12	j.	j.	PROPN
ertr-98	291	13	(	(	PUNCT
ertr-98	291	14	2009	2009	NUM
ertr-98	291	15	)	)	PUNCT
ertr-98	291	16	.	.	PUNCT
ertr-98	292	1	innovation	innovation	NOUN
ertr-98	292	2	behavior	behavior	NOUN
ertr-98	292	3	in	in	ADP
ertr-98	292	4	the	the	DET
ertr-98	292	5	hotel	hotel	NOUN
ertr-98	292	6	industry	industry	NOUN
ertr-98	292	7	.	.	PUNCT
ertr-98	293	1	omega	omega	NOUN
ertr-98	293	2	,	,	PUNCT
ertr-98	293	3	37(2	37(2	NOUN
ertr-98	293	4	)	)	PUNCT
ertr-98	293	5	,	,	PUNCT
ertr-98	293	6	380–394	380–394	NUM
ertr-98	293	7	.	.	PUNCT
ertr-98	294	1	rubin	rubin	PROPN
ertr-98	294	2	,	,	PUNCT
ertr-98	294	3	d.	d.	PROPN
ertr-98	294	4	b.	b.	PROPN
ertr-98	294	5	(	(	PUNCT
ertr-98	294	6	1977	1977	NUM
ertr-98	294	7	)	)	PUNCT
ertr-98	294	8	.	.	PUNCT
ertr-98	295	1	assignment	assignment	NOUN
ertr-98	295	2	to	to	ADP
ertr-98	295	3	treatment	treatment	NOUN
ertr-98	295	4	group	group	NOUN
ertr-98	295	5	on	on	ADP
ertr-98	295	6	the	the	DET
ertr-98	295	7	basis	basis	NOUN
ertr-98	295	8	of	of	ADP
ertr-98	295	9	covariate	covariate	NOUN
ertr-98	295	10	.	.	PUNCT
ertr-98	296	1	journal	journal	NOUN
ertr-98	296	2	of	of	ADP
ertr-98	296	3	educational	educational	ADJ
ertr-98	296	4	statistics	statistic	NOUN
ertr-98	296	5	,	,	PUNCT
ertr-98	296	6	2	2	NUM
ertr-98	296	7	,	,	PUNCT
ertr-98	296	8	1–26	1–26	NOUN
ertr-98	296	9	.	.	PUNCT
ertr-98	297	1	rubin	rubin	PROPN
ertr-98	297	2	,	,	PUNCT
ertr-98	297	3	d.	d.	PROPN
ertr-98	297	4	(	(	PUNCT
ertr-98	297	5	1986	1986	NUM
ertr-98	297	6	)	)	PUNCT
ertr-98	297	7	.	.	PUNCT
ertr-98	298	1	statistics	statistic	NOUN
ertr-98	298	2	and	and	CCONJ
ertr-98	298	3	causal	causal	PROPN
ertr-98	298	4	inference	inference	PROPN
ertr-98	298	5	:	:	PUNCT
ertr-98	298	6	which	which	PRON
ertr-98	298	7	ifs	ifs	PROPN
ertr-98	298	8	have	have	VERB
ertr-98	298	9	causal	causal	ADJ
ertr-98	298	10	answers	answer	NOUN
ertr-98	298	11	.	.	PUNCT
ertr-98	299	1	journal	journal	NOUN
ertr-98	299	2	of	of	ADP
ertr-98	299	3	the	the	DET
ertr-98	299	4	american	american	PROPN
ertr-98	299	5	statistical	statistical	PROPN
ertr-98	299	6	association	association	NOUN
ertr-98	299	7	,	,	PUNCT
ertr-98	299	8	81	81	NUM
ertr-98	299	9	,	,	PUNCT
ertr-98	299	10	961–962	961–962	NUM
ertr-98	299	11	.	.	PUNCT
ertr-98	300	1	sainaghi	sainaghi	PROPN
ertr-98	300	2	,	,	PUNCT
ertr-98	300	3	r.	r.	PROPN
ertr-98	300	4	(	(	PUNCT
ertr-98	300	5	2010	2010	NUM
ertr-98	300	6	)	)	PUNCT
ertr-98	300	7	.	.	PUNCT
ertr-98	301	1	hotel	hotel	NOUN
ertr-98	301	2	performance	performance	NOUN
ertr-98	301	3	:	:	PUNCT
ertr-98	301	4	state	state	NOUN
ertr-98	301	5	of	of	ADP
ertr-98	301	6	the	the	DET
ertr-98	301	7	art	art	NOUN
ertr-98	301	8	.	.	PUNCT
ertr-98	302	1	international	international	ADJ
ertr-98	302	2	journal	journal	PROPN
ertr-98	302	3	of	of	ADP
ertr-98	302	4	contemporary	contemporary	PROPN
ertr-98	302	5	hospitality	hospitality	PROPN
ertr-98	302	6	management	management	NOUN
ertr-98	302	7	,	,	PUNCT
ertr-98	302	8	22(7	22(7	NUM
ertr-98	302	9	)	)	PUNCT
ertr-98	302	10	,	,	PUNCT
ertr-98	302	11	920–952	920–952	NUM
ertr-98	302	12	.	.	PUNCT
ertr-98	303	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	303	2	e	e	NOUN
ertr-98	303	3	-	-	NOUN
ertr-98	303	4	review	review	NOUN
ertr-98	303	5	of	of	ADP
ertr-98	303	6	tourism	tourism	NOUN
ertr-98	303	7	research	research	NOUN
ertr-98	303	8	(	(	PUNCT
ertr-98	303	9	ertr	ertr	NOUN
ertr-98	303	10	)	)	PUNCT
ertr-98	303	11	,	,	PUNCT
ertr-98	303	12	vol	vol	NOUN
ertr-98	303	13	.	.	PUNCT
ertr-98	303	14	14	14	NUM
ertr-98	303	15	issue	issue	NOUN
ertr-98	303	16	3.4	3.4	NUM
ertr-98	303	17	,	,	PUNCT
ertr-98	303	18	2017	2017	NUM
ertr-98	303	19	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	303	20	186	186	NUM
ertr-98	303	21	schubert	schubert	PROPN
ertr-98	303	22	,	,	PUNCT
ertr-98	303	23	s.	s.	PROPN
ertr-98	303	24	f.	f.	PROPN
ertr-98	303	25	,	,	PUNCT
ertr-98	303	26	&	&	CCONJ
ertr-98	303	27	brida	brida	PROPN
ertr-98	303	28	,	,	PUNCT
ertr-98	303	29	j.	j.	PROPN
ertr-98	303	30	g.	g.	PROPN
ertr-98	303	31	(	(	PUNCT
ertr-98	303	32	2008	2008	NUM
ertr-98	303	33	)	)	PUNCT
ertr-98	303	34	.	.	PUNCT
ertr-98	304	1	dynamic	dynamic	ADJ
ertr-98	304	2	effects	effect	NOUN
ertr-98	304	3	of	of	ADP
ertr-98	304	4	subsidizing	subsidize	VERB
ertr-98	304	5	the	the	DET
ertr-98	304	6	tourism	tourism	NOUN
ertr-98	304	7	sector	sector	NOUN
ertr-98	304	8	.	.	PUNCT
ertr-98	305	1	tourism	tourism	NOUN
ertr-98	305	2	economics	economic	NOUN
ertr-98	305	3	,	,	PUNCT
ertr-98	305	4	14(1	14(1	NUM
ertr-98	305	5	)	)	PUNCT
ertr-98	305	6	,	,	PUNCT
ertr-98	305	7	57–80	57–80	NUM
ertr-98	305	8	.	.	PUNCT
ertr-98	305	9	smith	smith	PROPN
ertr-98	305	10	,	,	PUNCT
ertr-98	305	11	j.	j.	PROPN
ertr-98	305	12	a.	a.	PROPN
ertr-98	305	13	,	,	PUNCT
ertr-98	305	14	&	&	CCONJ
ertr-98	305	15	todd	todd	PROPN
ertr-98	305	16	,	,	PUNCT
ertr-98	305	17	p.	p.	PROPN
ertr-98	305	18	e.	e.	PROPN
ertr-98	305	19	(	(	PUNCT
ertr-98	305	20	2005	2005	NUM
ertr-98	305	21	)	)	PUNCT
ertr-98	305	22	.	.	PUNCT
ertr-98	306	1	does	do	AUX
ertr-98	306	2	matching	match	VERB
ertr-98	306	3	overcome	overcome	NOUN
ertr-98	306	4	lalonde	lalonde	NOUN
ertr-98	306	5	’s	’s	PART
ertr-98	306	6	critique	critique	NOUN
ertr-98	306	7	of	of	ADP
ertr-98	306	8	nonexperimental	nonexperimental	ADJ
ertr-98	306	9	estimators	estimator	NOUN
ertr-98	306	10	?	?	PUNCT
ertr-98	307	1	journal	journal	NOUN
ertr-98	307	2	of	of	ADP
ertr-98	307	3	econometrics	econometric	NOUN
ertr-98	307	4	,	,	PUNCT
ertr-98	307	5	125(1	125(1	NUM
ertr-98	307	6	)	)	PUNCT
ertr-98	307	7	,	,	PUNCT
ertr-98	307	8	305–353	305–353	NUM
ertr-98	307	9	.	.	PUNCT
ertr-98	308	1	thomas	thomas	PROPN
ertr-98	308	2	,	,	PUNCT
ertr-98	308	3	r.	r.	PROPN
ertr-98	308	4	(	(	PUNCT
ertr-98	308	5	1994	1994	NUM
ertr-98	308	6	)	)	PUNCT
ertr-98	308	7	.	.	PUNCT
ertr-98	309	1	european	european	PROPN
ertr-98	309	2	union	union	PROPN
ertr-98	309	3	enterprise	enterprise	NOUN
ertr-98	309	4	policy	policy	NOUN
ertr-98	309	5	and	and	CCONJ
ertr-98	309	6	the	the	DET
ertr-98	309	7	hospitality	hospitality	NOUN
ertr-98	309	8	industry	industry	NOUN
ertr-98	309	9	.	.	PUNCT
ertr-98	310	1	international	international	ADJ
ertr-98	310	2	journal	journal	PROPN
ertr-98	310	3	of	of	ADP
ertr-98	310	4	contemporary	contemporary	PROPN
ertr-98	310	5	hospitality	hospitality	PROPN
ertr-98	310	6	management	management	NOUN
ertr-98	310	7	,	,	PUNCT
ertr-98	310	8	6(4	6(4	NOUN
ertr-98	310	9	)	)	PUNCT
ertr-98	310	10	,	,	PUNCT
ertr-98	310	11	10–15	10–15	NUM
ertr-98	310	12	.	.	PUNCT
ertr-98	311	1	thomas	thomas	PROPN
ertr-98	311	2	,	,	PUNCT
ertr-98	311	3	r.	r.	PROPN
ertr-98	311	4	(	(	PUNCT
ertr-98	311	5	1995	1995	NUM
ertr-98	311	6	)	)	PUNCT
ertr-98	311	7	.	.	PUNCT
ertr-98	312	1	public	public	ADJ
ertr-98	312	2	policy	policy	NOUN
ertr-98	312	3	and	and	CCONJ
ertr-98	312	4	small	small	ADJ
ertr-98	312	5	hospitality	hospitality	NOUN
ertr-98	312	6	firms	firm	NOUN
ertr-98	312	7	.	.	PUNCT
ertr-98	313	1	international	international	ADJ
ertr-98	313	2	journal	journal	PROPN
ertr-98	313	3	of	of	ADP
ertr-98	313	4	contemporary	contemporary	PROPN
ertr-98	313	5	hospitality	hospitality	PROPN
ertr-98	313	6	management	management	NOUN
ertr-98	313	7	,	,	PUNCT
ertr-98	313	8	7(2/3	7(2/3	NUM
ertr-98	313	9	)	)	PUNCT
ertr-98	313	10	,	,	PUNCT
ertr-98	313	11	69–73	69–73	X
ertr-98	313	12	.	.	PUNCT
ertr-98	314	1	thomas	thomas	PROPN
ertr-98	314	2	,	,	PUNCT
ertr-98	314	3	r.	r.	PROPN
ertr-98	314	4	,	,	PUNCT
ertr-98	314	5	shaw	shaw	PROPN
ertr-98	314	6	,	,	PUNCT
ertr-98	314	7	g.	g.	PROPN
ertr-98	314	8	,	,	PUNCT
ertr-98	314	9	&	&	CCONJ
ertr-98	314	10	page	page	NOUN
ertr-98	314	11	,	,	PUNCT
ertr-98	314	12	s.	s.	PROPN
ertr-98	314	13	j.	j.	PROPN
ertr-98	314	14	(	(	PUNCT
ertr-98	314	15	2011	2011	NUM
ertr-98	314	16	)	)	PUNCT
ertr-98	314	17	.	.	PUNCT
ertr-98	315	1	understanding	understand	VERB
ertr-98	315	2	small	small	ADJ
ertr-98	315	3	firms	firm	NOUN
ertr-98	315	4	in	in	ADP
ertr-98	315	5	tourism	tourism	NOUN
ertr-98	315	6	:	:	PUNCT
ertr-98	315	7	a	a	DET
ertr-98	315	8	perspective	perspective	NOUN
ertr-98	315	9	on	on	ADP
ertr-98	315	10	research	research	NOUN
ertr-98	315	11	trends	trend	NOUN
ertr-98	315	12	and	and	CCONJ
ertr-98	315	13	challenges	challenge	NOUN
ertr-98	315	14	.	.	PUNCT
ertr-98	316	1	tourism	tourism	NOUN
ertr-98	316	2	management	management	NOUN
ertr-98	316	3	,	,	PUNCT
ertr-98	316	4	32(5	32(5	NOUN
ertr-98	316	5	)	)	PUNCT
ertr-98	316	6	,	,	PUNCT
ertr-98	316	7	963–976	963–976	NUM
ertr-98	316	8	.	.	PUNCT
ertr-98	317	1	tsai	tsai	PROPN
ertr-98	317	2	,	,	PUNCT
ertr-98	317	3	h.	h.	PROPN
ertr-98	317	4	,	,	PUNCT
ertr-98	317	5	song	song	NOUN
ertr-98	317	6	,	,	PUNCT
ertr-98	317	7	h.	h.	PROPN
ertr-98	317	8	,	,	PUNCT
ertr-98	317	9	&	&	CCONJ
ertr-98	317	10	wong	wong	PROPN
ertr-98	317	11	,	,	PUNCT
ertr-98	317	12	k.	k.	PROPN
ertr-98	317	13	k.	k.	PROPN
ertr-98	317	14	(	(	PUNCT
ertr-98	317	15	2009	2009	NUM
ertr-98	317	16	)	)	PUNCT
ertr-98	317	17	.	.	PUNCT
ertr-98	318	1	tourism	tourism	NOUN
ertr-98	318	2	and	and	CCONJ
ertr-98	318	3	hotel	hotel	NOUN
ertr-98	318	4	competitiveness	competitiveness	NOUN
ertr-98	318	5	research	research	NOUN
ertr-98	318	6	.	.	PUNCT
ertr-98	319	1	journal	journal	PROPN
ertr-98	319	2	of	of	ADP
ertr-98	319	3	travel	travel	PROPN
ertr-98	319	4	&	&	CCONJ
ertr-98	319	5	tourism	tourism	NOUN
ertr-98	319	6	marketing	marketing	NOUN
ertr-98	319	7	,	,	PUNCT
ertr-98	319	8	26(5	26(5	PROPN
ertr-98	319	9	-	-	PUNCT
ertr-98	319	10	6	6	NUM
ertr-98	319	11	)	)	PUNCT
ertr-98	319	12	,	,	PUNCT
ertr-98	319	13	522–546	522–546	NUM
ertr-98	319	14	.	.	PUNCT
ertr-98	320	1	wanhill	wanhill	PROPN
ertr-98	320	2	,	,	PUNCT
ertr-98	320	3	s.	s.	PROPN
ertr-98	320	4	(	(	PUNCT
ertr-98	320	5	2000	2000	NUM
ertr-98	320	6	)	)	PUNCT
ertr-98	320	7	.	.	PUNCT
ertr-98	321	1	small	small	ADJ
ertr-98	321	2	and	and	CCONJ
ertr-98	321	3	medium	medium	ADJ
ertr-98	321	4	tourism	tourism	NOUN
ertr-98	321	5	enterprises	enterprise	NOUN
ertr-98	321	6	.	.	PUNCT
ertr-98	322	1	annals	annal	NOUN
ertr-98	322	2	of	of	ADP
ertr-98	322	3	tourism	tourism	NOUN
ertr-98	322	4	research	research	NOUN
ertr-98	322	5	,	,	PUNCT
ertr-98	322	6	27(1	27(1	NUM
ertr-98	322	7	)	)	PUNCT
ertr-98	322	8	,	,	PUNCT
ertr-98	322	9	132–147	132–147	NUM
ertr-98	322	10	.	.	PUNCT
ertr-98	323	1	weiermair	weiermair	NOUN
ertr-98	323	2	,	,	PUNCT
ertr-98	323	3	k.	k.	PROPN
ertr-98	323	4	(	(	PUNCT
ertr-98	323	5	2006	2006	NUM
ertr-98	323	6	)	)	PUNCT
ertr-98	323	7	.	.	PUNCT
ertr-98	324	1	product	product	NOUN
ertr-98	324	2	improvement	improvement	NOUN
ertr-98	324	3	or	or	CCONJ
ertr-98	324	4	innovation	innovation	NOUN
ertr-98	324	5	:	:	PUNCT
ertr-98	324	6	what	what	PRON
ertr-98	324	7	is	be	AUX
ertr-98	324	8	the	the	DET
ertr-98	324	9	key	key	NOUN
ertr-98	324	10	to	to	ADP
ertr-98	324	11	success	success	NOUN
ertr-98	324	12	in	in	ADP
ertr-98	324	13	tourism	tourism	NOUN
ertr-98	324	14	?	?	PUNCT
ertr-98	325	1	in	in	ADP
ertr-98	325	2	oecd	oecd	PROPN
ertr-98	325	3	(	(	PUNCT
ertr-98	325	4	ed	ed	NOUN
ertr-98	325	5	.	.	PUNCT
ertr-98	325	6	)	)	PUNCT
ertr-98	325	7	,	,	PUNCT
ertr-98	325	8	innovation	innovation	NOUN
ertr-98	325	9	and	and	CCONJ
ertr-98	325	10	growth	growth	NOUN
ertr-98	325	11	in	in	ADP
ertr-98	325	12	tourism	tourism	NOUN
ertr-98	325	13	(	(	PUNCT
ertr-98	325	14	pp	pp	ADJ
ertr-98	325	15	.	.	PUNCT
ertr-98	325	16	53–69	53–69	NUM
ertr-98	325	17	)	)	PUNCT
ertr-98	325	18	.	.	PUNCT
ertr-98	326	1	paris	paris	PROPN
ertr-98	326	2	:	:	PUNCT
ertr-98	327	1	oecd	oecd	PROPN
ertr-98	327	2	.	.	PROPN
ertr-98	327	3	wto	wto	PROPN
ertr-98	327	4	.	.	PUNCT
ertr-98	328	1	(	(	PUNCT
ertr-98	328	2	2006	2006	NUM
ertr-98	328	3	)	)	PUNCT
ertr-98	328	4	.	.	PUNCT
ertr-98	329	1	world	world	NOUN
ertr-98	329	2	trade	trade	NOUN
ertr-98	329	3	report	report	NOUN
ertr-98	329	4	.	.	PUNCT
ertr-98	330	1	exploring	explore	VERB
ertr-98	330	2	the	the	DET
ertr-98	330	3	links	link	NOUN
ertr-98	330	4	between	between	ADP
ertr-98	330	5	subsidies	subsidy	NOUN
ertr-98	330	6	,	,	PUNCT
ertr-98	330	7	trade	trade	NOUN
ertr-98	330	8	,	,	PUNCT
ertr-98	330	9	and	and	CCONJ
ertr-98	330	10	the	the	DET
ertr-98	330	11	wto	wto	PROPN
ertr-98	330	12	.	.	PUNCT
ertr-98	331	1	geneva	geneva	PROPN
ertr-98	331	2	:	:	PUNCT
ertr-98	331	3	world	world	NOUN
ertr-98	331	4	trade	trade	PROPN
ertr-98	331	5	organization	organization	PROPN
ertr-98	331	6	.	.	PUNCT
ertr-98	332	1	yu	yu	PROPN
ertr-98	332	2	,	,	PUNCT
ertr-98	332	3	m.	m.	NOUN
ertr-98	332	4	m.	m.	NOUN
ertr-98	332	5	,	,	PUNCT
ertr-98	332	6	&	&	CCONJ
ertr-98	332	7	lee	lee	PROPN
ertr-98	332	8	,	,	PUNCT
ertr-98	332	9	b.	b.	PROPN
ertr-98	332	10	c.	c.	PROPN
ertr-98	332	11	(	(	PUNCT
ertr-98	332	12	2009	2009	NUM
ertr-98	332	13	)	)	PUNCT
ertr-98	332	14	.	.	PUNCT
ertr-98	333	1	efficiency	efficiency	NOUN
ertr-98	333	2	and	and	CCONJ
ertr-98	333	3	effectiveness	effectiveness	NOUN
ertr-98	333	4	of	of	ADP
ertr-98	333	5	service	service	NOUN
ertr-98	333	6	business	business	NOUN
ertr-98	333	7	:	:	PUNCT
ertr-98	333	8	evidence	evidence	NOUN
ertr-98	333	9	from	from	ADP
ertr-98	333	10	international	international	ADJ
ertr-98	333	11	tourist	tourist	NOUN
ertr-98	333	12	hotels	hotel	NOUN
ertr-98	333	13	in	in	ADP
ertr-98	333	14	taiwan	taiwan	PROPN
ertr-98	333	15	.	.	PUNCT
ertr-98	334	1	tourism	tourism	NOUN
ertr-98	334	2	management	management	NOUN
ertr-98	334	3	,	,	PUNCT
ertr-98	334	4	30(4	30(4	NUM
ertr-98	334	5	)	)	PUNCT
ertr-98	334	6	,	,	PUNCT
ertr-98	334	7	571–580	571–580	NUM
ertr-98	334	8	.	.	PUNCT
ertr-98	335	1	http://ertr.tamu.edu/	http://ertr.tamu.edu/	PROPN
ertr-98	335	2	e	e	NOUN
ertr-98	335	3	-	-	NOUN
ertr-98	335	4	review	review	NOUN
ertr-98	335	5	of	of	ADP
ertr-98	335	6	tourism	tourism	NOUN
ertr-98	335	7	research	research	NOUN
ertr-98	335	8	(	(	PUNCT
ertr-98	335	9	ertr	ertr	NOUN
ertr-98	335	10	)	)	PUNCT
ertr-98	335	11	,	,	PUNCT
ertr-98	335	12	vol	vol	NOUN
ertr-98	335	13	.	.	PUNCT
ertr-98	335	14	14	14	NUM
ertr-98	335	15	issue	issue	NOUN
ertr-98	335	16	3.4	3.4	NUM
ertr-98	335	17	,	,	PUNCT
ertr-98	335	18	2017	2017	NUM
ertr-98	335	19	http://ertr.tamu.edu	http://ertr.tamu.edu	NOUN
ertr-98	335	20	187	187	NUM
ertr-98	335	21	introduction	introduction	NOUN
ertr-98	335	22	http://ertr.tamu.edu/	http://ertr.tamu.edu/	VERB