id	sid	tid	token	lemma	pos
economy-573	1	1	economy	economy	NOUN
economy-573	1	2	issn	issn	VERB
economy-573	1	3	:	:	PUNCT
economy-573	1	4	2313	2313	NUM
economy-573	1	5	-	-	SYM
economy-573	1	6	8181	8181	NUM
economy-573	1	7	vol	vol	NOUN
economy-573	1	8	.	.	PROPN
economy-573	2	1	3	3	NUM
economy-573	2	2	,	,	PUNCT
economy-573	2	3	no	no	INTJ
economy-573	2	4	.	.	NOUN
economy-573	2	5	1	1	NUM
economy-573	2	6	,	,	PUNCT
economy-573	2	7	31	31	NUM
economy-573	2	8	-	-	SYM
economy-573	2	9	39	39	NUM
economy-573	2	10	,	,	PUNCT
economy-573	2	11	2016	2016	NUM
economy-573	2	12	www.asianonlinejournals.com/index.php/economy	www.asianonlinejournals.com/index.php/economy	VERB
economy-573	2	13	31	31	NUM
economy-573	2	14	the	the	DET
economy-573	2	15	perceived	perceive	VERB
economy-573	2	16	relations	relation	NOUN
economy-573	2	17	between	between	ADP
economy-573	2	18	development	development	NOUN
economy-573	2	19	reforms	reform	NOUN
economy-573	2	20	,	,	PUNCT
economy-573	2	21	stock	stock	NOUN
economy-573	2	22	market	market	NOUN
economy-573	2	23	performance	performance	NOUN
economy-573	2	24	and	and	CCONJ
economy-573	2	25	economic	economic	ADJ
economy-573	2	26	growth	growth	NOUN
economy-573	2	27	in	in	ADP
economy-573	2	28	nigeria	nigeria	PROPN
economy-573	2	29	:	:	PUNCT
economy-573	2	30	1984	1984	NUM
economy-573	2	31	-	-	SYM
economy-573	2	32	2014	2014	NUM
economy-573	2	33	okoroafor	okoroafor	ADP
economy-573	2	34	o.k	o.k	PROPN
economy-573	2	35	david1	david1	ADV
economy-573	2	36			PROPN
economy-573	2	37	yelwa	yelwa	VERB
economy-573	2	38	mohammed2	mohammed2	NOUN
economy-573	2	39	1,2	1,2	NUM
economy-573	2	40	department	department	NOUN
economy-573	2	41	of	of	ADP
economy-573	2	42	economics	economic	NOUN
economy-573	2	43	,	,	PUNCT
economy-573	2	44	university	university	NOUN
economy-573	2	45	of	of	ADP
economy-573	2	46	abuja	abuja	PROPN
economy-573	2	47	,	,	PUNCT
economy-573	2	48	federal	federal	ADJ
economy-573	2	49	capital	capital	NOUN
economy-573	2	50	territory	territory	NOUN
economy-573	2	51	,	,	PUNCT
economy-573	2	52	abuja	abuja	PROPN
economy-573	2	53	,	,	PUNCT
economy-573	2	54	nigeria	nigeria	PROPN
economy-573	2	55	(	(	PUNCT
economy-573	2	56			PROPN
economy-573	2	57	corresponding	correspond	VERB
economy-573	2	58	author	author	NOUN
economy-573	2	59	)	)	PUNCT
economy-573	2	60	abstract	abstract	ADJ
economy-573	2	61	economic	economic	ADJ
economy-573	2	62	indicators	indicator	NOUN
economy-573	2	63	and	and	CCONJ
economy-573	2	64	the	the	DET
economy-573	2	65	stock	stock	NOUN
economy-573	2	66	market	market	NOUN
economy-573	2	67	performance	performance	NOUN
economy-573	2	68	in	in	ADP
economy-573	2	69	nigeria	nigeria	PROPN
economy-573	2	70	have	have	AUX
economy-573	2	71	been	be	AUX
economy-573	2	72	one	one	NUM
economy-573	2	73	area	area	NOUN
economy-573	2	74	of	of	ADP
economy-573	2	75	wide	wide	ADJ
economy-573	2	76	debate	debate	NOUN
economy-573	2	77	among	among	ADP
economy-573	2	78	the	the	DET
economy-573	2	79	academia	academia	NOUN
economy-573	2	80	as	as	ADV
economy-573	2	81	well	well	ADV
economy-573	2	82	as	as	ADP
economy-573	2	83	the	the	DET
economy-573	2	84	policy	policy	NOUN
economy-573	2	85	makers	maker	NOUN
economy-573	2	86	and	and	CCONJ
economy-573	2	87	implementers	implementer	NOUN
economy-573	2	88	.	.	PUNCT
economy-573	3	1	the	the	DET
economy-573	3	2	nigerian	nigerian	ADJ
economy-573	3	3	economy	economy	NOUN
economy-573	3	4	and	and	CCONJ
economy-573	3	5	in	in	ADP
economy-573	3	6	particular	particular	ADJ
economy-573	3	7	the	the	DET
economy-573	3	8	capital	capital	NOUN
economy-573	3	9	market	market	NOUN
economy-573	3	10	have	have	AUX
economy-573	3	11	witnessed	witness	VERB
economy-573	3	12	several	several	ADJ
economy-573	3	13	developmental	developmental	ADJ
economy-573	3	14	reforms	reform	NOUN
economy-573	3	15	in	in	ADP
economy-573	3	16	the	the	DET
economy-573	3	17	past	past	ADJ
economy-573	3	18	three	three	NUM
economy-573	3	19	decades	decade	NOUN
economy-573	3	20	.	.	PUNCT
economy-573	4	1	many	many	ADJ
economy-573	4	2	believe	believe	VERB
economy-573	4	3	the	the	DET
economy-573	4	4	reforms	reform	NOUN
economy-573	4	5	have	have	AUX
economy-573	4	6	rather	rather	ADV
economy-573	4	7	had	have	VERB
economy-573	4	8	negative	negative	ADJ
economy-573	4	9	impact	impact	NOUN
economy-573	4	10	,	,	PUNCT
economy-573	4	11	while	while	SCONJ
economy-573	4	12	others	other	NOUN
economy-573	4	13	believe	believe	VERB
economy-573	4	14	otherwise	otherwise	ADV
economy-573	4	15	.	.	PUNCT
economy-573	5	1	in	in	ADP
economy-573	5	2	view	view	NOUN
economy-573	5	3	of	of	ADP
economy-573	5	4	the	the	DET
economy-573	5	5	above	above	ADJ
economy-573	5	6	,	,	PUNCT
economy-573	5	7	this	this	DET
economy-573	5	8	recent	recent	ADJ
economy-573	5	9	study	study	NOUN
economy-573	5	10	was	be	AUX
economy-573	5	11	embarked	embark	VERB
economy-573	5	12	upon	upon	SCONJ
economy-573	5	13	to	to	PART
economy-573	5	14	ascertain	ascertain	VERB
economy-573	5	15	empirically	empirically	ADV
economy-573	5	16	the	the	DET
economy-573	5	17	relations	relation	NOUN
economy-573	5	18	between	between	ADP
economy-573	5	19	the	the	DET
economy-573	5	20	reforms	reform	NOUN
economy-573	5	21	,	,	PUNCT
economy-573	5	22	stock	stock	NOUN
economy-573	5	23	market	market	NOUN
economy-573	5	24	performance	performance	NOUN
economy-573	5	25	and	and	CCONJ
economy-573	5	26	economic	economic	ADJ
economy-573	5	27	growth	growth	NOUN
economy-573	5	28	over	over	ADP
economy-573	5	29	the	the	DET
economy-573	5	30	periods	period	NOUN
economy-573	5	31	of	of	ADP
economy-573	5	32	1984	1984	NUM
economy-573	5	33	to	to	ADP
economy-573	5	34	2014	2014	NUM
economy-573	5	35	.	.	PUNCT
economy-573	6	1	the	the	DET
economy-573	6	2	study	study	NOUN
economy-573	6	3	employed	employ	VERB
economy-573	6	4	the	the	DET
economy-573	6	5	generalized	generalized	ADJ
economy-573	6	6	method	method	NOUN
economy-573	6	7	of	of	ADP
economy-573	6	8	moment	moment	NOUN
economy-573	6	9	(	(	PUNCT
economy-573	6	10	gmm	gmm	NOUN
economy-573	6	11	)	)	PUNCT
economy-573	6	12	among	among	ADP
economy-573	6	13	other	other	ADJ
economy-573	6	14	technics	technic	NOUN
economy-573	6	15	for	for	ADP
economy-573	6	16	the	the	DET
economy-573	6	17	analysis	analysis	NOUN
economy-573	6	18	.	.	PUNCT
economy-573	7	1	our	our	PRON
economy-573	7	2	result	result	NOUN
economy-573	7	3	revealed	reveal	VERB
economy-573	7	4	that	that	SCONJ
economy-573	7	5	the	the	DET
economy-573	7	6	reforms	reform	NOUN
economy-573	7	7	over	over	ADP
economy-573	7	8	the	the	DET
economy-573	7	9	period	period	NOUN
economy-573	7	10	of	of	ADP
economy-573	7	11	the	the	DET
economy-573	7	12	study	study	NOUN
economy-573	7	13	had	have	VERB
economy-573	7	14	positive	positive	ADJ
economy-573	7	15	significant	significant	ADJ
economy-573	7	16	impact	impact	NOUN
economy-573	7	17	on	on	ADP
economy-573	7	18	the	the	DET
economy-573	7	19	stock	stock	NOUN
economy-573	7	20	market	market	NOUN
economy-573	7	21	performance	performance	NOUN
economy-573	7	22	,	,	PUNCT
economy-573	7	23	and	and	CCONJ
economy-573	7	24	the	the	DET
economy-573	7	25	stock	stock	NOUN
economy-573	7	26	market	market	NOUN
economy-573	7	27	also	also	ADV
economy-573	7	28	had	have	VERB
economy-573	7	29	significant	significant	ADJ
economy-573	7	30	and	and	CCONJ
economy-573	7	31	positive	positive	ADJ
economy-573	7	32	effects	effect	NOUN
economy-573	7	33	on	on	ADP
economy-573	7	34	economic	economic	ADJ
economy-573	7	35	growth	growth	NOUN
economy-573	7	36	in	in	ADP
economy-573	7	37	nigeria	nigeria	PROPN
economy-573	7	38	.	.	PUNCT
economy-573	8	1	the	the	DET
economy-573	8	2	study	study	NOUN
economy-573	8	3	concluded	conclude	VERB
economy-573	8	4	on	on	ADP
economy-573	8	5	the	the	DET
economy-573	8	6	need	need	NOUN
economy-573	8	7	to	to	PART
economy-573	8	8	intensify	intensify	VERB
economy-573	8	9	reforms	reform	NOUN
economy-573	8	10	in	in	ADP
economy-573	8	11	the	the	DET
economy-573	8	12	areas	area	NOUN
economy-573	8	13	of	of	ADP
economy-573	8	14	market	market	NOUN
economy-573	8	15	security	security	NOUN
economy-573	8	16	,	,	PUNCT
economy-573	8	17	sensitization	sensitization	NOUN
economy-573	8	18	and	and	CCONJ
economy-573	8	19	widening	widen	VERB
economy-573	8	20	the	the	DET
economy-573	8	21	market	market	NOUN
economy-573	8	22	participation	participation	NOUN
economy-573	8	23	zones	zone	NOUN
economy-573	8	24	to	to	PART
economy-573	8	25	incorporate	incorporate	VERB
economy-573	8	26	rural	rural	ADJ
economy-573	8	27	dwellers	dweller	NOUN
economy-573	8	28	,	,	PUNCT
economy-573	8	29	as	as	ADV
economy-573	8	30	well	well	ADV
economy-573	8	31	as	as	ADP
economy-573	8	32	small	small	ADJ
economy-573	8	33	and	and	CCONJ
economy-573	8	34	micro	micro	ADJ
economy-573	8	35	firms	firm	NOUN
economy-573	8	36	.	.	PUNCT
economy-573	9	1	keywords	keyword	NOUN
economy-573	9	2	:	:	PUNCT
economy-573	9	3	relations	relation	NOUN
economy-573	9	4	,	,	PUNCT
economy-573	9	5	development	development	NOUN
economy-573	9	6	,	,	PUNCT
economy-573	9	7	reform	reform	NOUN
economy-573	9	8	,	,	PUNCT
economy-573	9	9	performance	performance	NOUN
economy-573	9	10	,	,	PUNCT
economy-573	9	11	growth	growth	NOUN
economy-573	9	12	,	,	PUNCT
economy-573	9	13	market	market	NOUN
economy-573	9	14	,	,	PUNCT
economy-573	9	15	nigeria	nigeria	PROPN
economy-573	9	16	,	,	PUNCT
economy-573	9	17	economy	economy	NOUN
economy-573	9	18	,	,	PUNCT
economy-573	9	19	indicators	indicator	NOUN
economy-573	9	20	.	.	PUNCT
economy-573	10	1	contents	content	NOUN
economy-573	10	2	1	1	NUM
economy-573	10	3	.	.	PUNCT
economy-573	11	1	introduction	introduction	NOUN
economy-573	11	2	.........................................................................................................................................................................	.........................................................................................................................................................................	PUNCT
economy-573	12	1	32	32	NUM
economy-573	12	2	2	2	NUM
economy-573	12	3	.	.	PUNCT
economy-573	12	4	literature	literature	NOUN
economy-573	12	5	review	review	PROPN
economy-573	12	6	................................................................................................................................................................	................................................................................................................................................................	PROPN
economy-573	13	1	32	32	NUM
economy-573	13	2	3	3	NUM
economy-573	13	3	.	.	PUNCT
economy-573	13	4	analytical	analytical	ADJ
economy-573	13	5	methodology	methodology	NOUN
economy-573	13	6	.......................................................................................................................................................	.......................................................................................................................................................	PUNCT
economy-573	14	1	35	35	NUM
economy-573	14	2	4	4	NUM
economy-573	14	3	.	.	PUNCT
economy-573	15	1	empirical	empirical	ADJ
economy-573	15	2	analysis	analysis	NOUN
economy-573	15	3	...............................................................................................................................................................	...............................................................................................................................................................	PROPN
economy-573	15	4	36	36	NUM
economy-573	15	5	5	5	NUM
economy-573	15	6	.	.	PUNCT
economy-573	16	1	summary	summary	NOUN
economy-573	16	2	and	and	CCONJ
economy-573	16	3	conclusion	conclusion	NOUN
economy-573	16	4	...................................................................................................................................................	...................................................................................................................................................	PUNCT
economy-573	17	1	38	38	NUM
economy-573	17	2	references	reference	NOUN
economy-573	17	3	................................................................................................................................................................................	................................................................................................................................................................................	VERB
economy-573	17	4	38	38	NUM
economy-573	17	5	citation	citation	NOUN
economy-573	17	6	|	|	ADV
economy-573	17	7	okoroafor	okoroafor	ADP
economy-573	17	8	o.k	o.k	PROPN
economy-573	17	9	david	david	PROPN
economy-573	17	10	;	;	PUNCT
economy-573	17	11	yelwa	yelwa	PROPN
economy-573	17	12	mohammed	mohammed	PROPN
economy-573	17	13	(	(	PUNCT
economy-573	17	14	2016	2016	NUM
economy-573	17	15	)	)	PUNCT
economy-573	17	16	.	.	PUNCT
economy-573	18	1	the	the	DET
economy-573	18	2	perceived	perceive	VERB
economy-573	18	3	relations	relation	NOUN
economy-573	18	4	between	between	ADP
economy-573	18	5	development	development	NOUN
economy-573	18	6	reforms	reform	NOUN
economy-573	18	7	,	,	PUNCT
economy-573	18	8	stock	stock	NOUN
economy-573	18	9	market	market	NOUN
economy-573	18	10	performance	performance	NOUN
economy-573	18	11	and	and	CCONJ
economy-573	18	12	economic	economic	ADJ
economy-573	18	13	growth	growth	NOUN
economy-573	18	14	in	in	ADP
economy-573	18	15	nigeria	nigeria	PROPN
economy-573	18	16	:	:	PUNCT
economy-573	18	17	1984	1984	NUM
economy-573	18	18	-	-	SYM
economy-573	18	19	2014	2014	NUM
economy-573	18	20	?	?	PUNCT
economy-573	19	1	economy	economy	NOUN
economy-573	19	2	,	,	PUNCT
economy-573	19	3	3(1	3(1	NUM
economy-573	19	4	):	):	PUNCT
economy-573	19	5	31	31	NUM
economy-573	19	6	-	-	SYM
economy-573	19	7	39	39	NUM
economy-573	19	8	.	.	PUNCT
economy-573	20	1	doi	doi	NOUN
economy-573	20	2	:	:	PUNCT
economy-573	20	3	10.20448	10.20448	NUM
economy-573	20	4	/	/	SYM
economy-573	20	5	journal.502/2016.3.1/502.1.31.39	journal.502/2016.3.1/502.1.31.39	NOUN
economy-573	20	6	issn(e	issn(e	PROPN
economy-573	20	7	)	)	PUNCT
economy-573	20	8	:	:	PUNCT
economy-573	20	9	2313	2313	NUM
economy-573	20	10	-	-	SYM
economy-573	20	11	8181	8181	NUM
economy-573	20	12	issn(p	issn(p	PROPN
economy-573	20	13	)	)	PUNCT
economy-573	20	14	:	:	PUNCT
economy-573	20	15	2518	2518	NUM
economy-573	20	16	-	-	SYM
economy-573	20	17	0118	0118	NUM
economy-573	20	18	licensed	licensed	ADJ
economy-573	20	19	:	:	PUNCT
economy-573	20	20	contribution	contribution	NOUN
economy-573	20	21	/	/	SYM
economy-573	20	22	acknowledgement	acknowledgement	NOUN
economy-573	20	23	:	:	PUNCT
economy-573	20	24	this	this	DET
economy-573	20	25	work	work	NOUN
economy-573	20	26	is	be	AUX
economy-573	20	27	licensed	license	VERB
economy-573	20	28	under	under	ADP
economy-573	20	29	a	a	DET
economy-573	20	30	creative	creative	ADJ
economy-573	20	31	commons	common	NOUN
economy-573	20	32	attribution	attribution	NOUN
economy-573	20	33	3.0	3.0	NUM
economy-573	20	34	license	license	NOUN
economy-573	20	35	all	all	DET
economy-573	20	36	authors	author	NOUN
economy-573	20	37	contributed	contribute	VERB
economy-573	20	38	to	to	ADP
economy-573	20	39	the	the	DET
economy-573	20	40	conception	conception	NOUN
economy-573	20	41	and	and	CCONJ
economy-573	20	42	design	design	NOUN
economy-573	20	43	of	of	ADP
economy-573	20	44	the	the	DET
economy-573	20	45	study	study	NOUN
economy-573	20	46	.	.	PUNCT
economy-573	21	1	funding	funding	NOUN
economy-573	21	2	:	:	PUNCT
economy-573	21	3	this	this	DET
economy-573	21	4	study	study	NOUN
economy-573	21	5	received	receive	VERB
economy-573	21	6	no	no	DET
economy-573	21	7	specific	specific	ADJ
economy-573	21	8	financial	financial	ADJ
economy-573	21	9	support	support	NOUN
economy-573	21	10	.	.	PUNCT
economy-573	22	1	competing	compete	VERB
economy-573	22	2	interests	interest	NOUN
economy-573	22	3	:	:	PUNCT
economy-573	22	4	the	the	DET
economy-573	22	5	author	author	NOUN
economy-573	22	6	declares	declare	VERB
economy-573	22	7	that	that	SCONJ
economy-573	22	8	there	there	PRON
economy-573	22	9	are	be	VERB
economy-573	22	10	no	no	DET
economy-573	22	11	conflicts	conflict	NOUN
economy-573	22	12	of	of	ADP
economy-573	22	13	interests	interest	NOUN
economy-573	22	14	regarding	regard	VERB
economy-573	22	15	the	the	DET
economy-573	22	16	publication	publication	NOUN
economy-573	22	17	of	of	ADP
economy-573	22	18	this	this	DET
economy-573	22	19	paper	paper	NOUN
economy-573	22	20	.	.	PUNCT
economy-573	23	1	transparency	transparency	NOUN
economy-573	23	2	:	:	PUNCT
economy-573	23	3	the	the	DET
economy-573	23	4	author	author	NOUN
economy-573	23	5	confirms	confirm	VERB
economy-573	23	6	that	that	SCONJ
economy-573	23	7	the	the	DET
economy-573	23	8	manuscript	manuscript	NOUN
economy-573	23	9	is	be	AUX
economy-573	23	10	an	an	DET
economy-573	23	11	honest	honest	ADJ
economy-573	23	12	,	,	PUNCT
economy-573	23	13	accurate	accurate	ADJ
economy-573	23	14	,	,	PUNCT
economy-573	23	15	and	and	CCONJ
economy-573	23	16	transparent	transparent	ADJ
economy-573	23	17	account	account	NOUN
economy-573	23	18	of	of	ADP
economy-573	23	19	the	the	DET
economy-573	23	20	study	study	NOUN
economy-573	23	21	was	be	AUX
economy-573	23	22	reported	report	VERB
economy-573	23	23	;	;	PUNCT
economy-573	23	24	that	that	SCONJ
economy-573	23	25	no	no	DET
economy-573	23	26	vital	vital	ADJ
economy-573	23	27	features	feature	NOUN
economy-573	23	28	of	of	ADP
economy-573	23	29	the	the	DET
economy-573	23	30	study	study	NOUN
economy-573	23	31	have	have	AUX
economy-573	23	32	been	be	AUX
economy-573	23	33	omitted	omit	VERB
economy-573	23	34	;	;	PUNCT
economy-573	23	35	and	and	CCONJ
economy-573	23	36	that	that	SCONJ
economy-573	23	37	any	any	DET
economy-573	23	38	discrepancies	discrepancy	NOUN
economy-573	23	39	from	from	ADP
economy-573	23	40	the	the	DET
economy-573	23	41	study	study	NOUN
economy-573	23	42	as	as	SCONJ
economy-573	23	43	planned	plan	VERB
economy-573	23	44	have	have	AUX
economy-573	23	45	been	be	AUX
economy-573	23	46	explained	explain	VERB
economy-573	23	47	.	.	PUNCT
economy-573	24	1	ethical	ethical	ADJ
economy-573	24	2	:	:	PUNCT
economy-573	24	3	history	history	NOUN
economy-573	24	4	:	:	PUNCT
economy-573	24	5	this	this	DET
economy-573	24	6	study	study	NOUN
economy-573	24	7	follows	follow	VERB
economy-573	24	8	all	all	DET
economy-573	24	9	ethical	ethical	ADJ
economy-573	24	10	practices	practice	NOUN
economy-573	24	11	during	during	ADP
economy-573	24	12	writing	writing	NOUN
economy-573	24	13	.	.	PUNCT
economy-573	25	1	received	receive	VERB
economy-573	25	2	:	:	PUNCT
economy-573	25	3	12	12	NUM
economy-573	25	4	january	january	PROPN
economy-573	25	5	2016/	2016/	NUM
economy-573	25	6	revised	revise	VERB
economy-573	25	7	:	:	PUNCT
economy-573	25	8	16	16	NUM
economy-573	25	9	february	february	PROPN
economy-573	25	10	2016/	2016/	NUM
economy-573	25	11	accepted	accept	VERB
economy-573	25	12	:	:	PUNCT
economy-573	25	13	20	20	NUM
economy-573	25	14	february	february	NOUN
economy-573	25	15	2016/	2016/	NUM
economy-573	25	16	published	publish	VERB
economy-573	25	17	:	:	PUNCT
economy-573	25	18	24	24	NUM
economy-573	25	19	february	february	PROPN
economy-573	25	20	2016	2016	NUM
economy-573	25	21	publisher	publisher	NOUN
economy-573	25	22	:	:	PUNCT
economy-573	25	23	asian	asian	ADJ
economy-573	25	24	online	online	PROPN
economy-573	25	25	journal	journal	PROPN
economy-573	25	26	publishing	publishing	NOUN
economy-573	25	27	group	group	NOUN
economy-573	25	28	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
economy-573	25	29	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.502/2016.3.1/502.1.31.39	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.502/2016.3.1/502.1.31.39	PROPN
economy-573	25	30	http://search.crossref.org/?q=10.20448/journal.502/2016.3.1/502.1.31.39	http://search.crossref.org/?q=10.20448/journal.502/2016.3.1/502.1.31.39	PUNCT
economy-573	25	31	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.502/2016.3.1/502.1.31.39	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.502/2016.3.1/502.1.31.39	PROPN
economy-573	25	32	http://search.crossref.org/?q=10.20448/journal.502/2016.3.1/502.1.31.39	http://search.crossref.org/?q=10.20448/journal.502/2016.3.1/502.1.31.39	NOUN
economy-573	25	33	economy	economy	NOUN
economy-573	25	34	,	,	PUNCT
economy-573	25	35	2016	2016	NUM
economy-573	25	36	,	,	PUNCT
economy-573	25	37	3(1	3(1	NUM
economy-573	25	38	):	):	PUNCT
economy-573	25	39	31	31	NUM
economy-573	25	40	-	-	SYM
economy-573	25	41	39	39	NUM
economy-573	25	42	32	32	NUM
economy-573	25	43	1	1	NUM
economy-573	25	44	.	.	PUNCT
economy-573	26	1	introduction	introduction	VERB
economy-573	26	2	the	the	DET
economy-573	26	3	importance	importance	NOUN
economy-573	26	4	of	of	ADP
economy-573	26	5	investment	investment	NOUN
economy-573	26	6	finance	finance	NOUN
economy-573	26	7	in	in	ADP
economy-573	26	8	the	the	DET
economy-573	26	9	performance	performance	NOUN
economy-573	26	10	of	of	ADP
economy-573	26	11	any	any	DET
economy-573	26	12	nation	nation	NOUN
economy-573	26	13	economy	economy	NOUN
economy-573	26	14	can	can	AUX
economy-573	26	15	not	not	PART
economy-573	26	16	be	be	AUX
economy-573	26	17	overemphasized	overemphasize	VERB
economy-573	26	18	.	.	PUNCT
economy-573	27	1	it	it	PRON
economy-573	27	2	is	be	AUX
economy-573	27	3	as	as	ADV
economy-573	27	4	important	important	ADJ
economy-573	27	5	as	as	SCONJ
economy-573	27	6	blood	blood	NOUN
economy-573	27	7	is	be	AUX
economy-573	27	8	to	to	ADP
economy-573	27	9	the	the	DET
economy-573	27	10	circulatory	circulatory	ADJ
economy-573	27	11	system	system	NOUN
economy-573	27	12	of	of	ADP
economy-573	27	13	human	human	ADJ
economy-573	27	14	body	body	NOUN
economy-573	27	15	.	.	PUNCT
economy-573	28	1	whenever	whenever	SCONJ
economy-573	28	2	there	there	PRON
economy-573	28	3	is	be	VERB
economy-573	28	4	lack	lack	NOUN
economy-573	28	5	of	of	ADP
economy-573	28	6	blood	blood	NOUN
economy-573	28	7	or	or	CCONJ
economy-573	28	8	inadequacy	inadequacy	NOUN
economy-573	28	9	of	of	ADP
economy-573	28	10	blood	blood	NOUN
economy-573	28	11	in	in	ADP
economy-573	28	12	the	the	DET
economy-573	28	13	human	human	ADJ
economy-573	28	14	system	system	NOUN
economy-573	28	15	,	,	PUNCT
economy-573	28	16	death	death	NOUN
economy-573	28	17	becomes	become	VERB
economy-573	28	18	inevitable	inevitable	ADJ
economy-573	28	19	;	;	PUNCT
economy-573	28	20	so	so	ADV
economy-573	28	21	is	be	AUX
economy-573	28	22	finance	finance	NOUN
economy-573	28	23	to	to	ADP
economy-573	28	24	any	any	DET
economy-573	28	25	nation‟s	nation‟s	NOUN
economy-573	28	26	economy	economy	NOUN
economy-573	28	27	.	.	PUNCT
economy-573	29	1	the	the	DET
economy-573	29	2	capital	capital	NOUN
economy-573	29	3	market	market	NOUN
economy-573	29	4	is	be	AUX
economy-573	29	5	a	a	DET
economy-573	29	6	major	major	ADJ
economy-573	29	7	conduct	conduct	NOUN
economy-573	29	8	that	that	PRON
economy-573	29	9	provides	provide	VERB
economy-573	29	10	finance	finance	NOUN
economy-573	29	11	,	,	PUNCT
economy-573	29	12	particularly	particularly	ADV
economy-573	29	13	long	long	ADJ
economy-573	29	14	term	term	NOUN
economy-573	29	15	investment	investment	NOUN
economy-573	29	16	finance	finance	NOUN
economy-573	29	17	to	to	ADP
economy-573	29	18	the	the	DET
economy-573	29	19	economy	economy	NOUN
economy-573	29	20	.	.	PUNCT
economy-573	30	1	and	and	CCONJ
economy-573	30	2	because	because	SCONJ
economy-573	30	3	of	of	ADP
economy-573	30	4	the	the	DET
economy-573	30	5	importance	importance	NOUN
economy-573	30	6	attached	attach	VERB
economy-573	30	7	to	to	ADP
economy-573	30	8	finance	finance	NOUN
economy-573	30	9	,	,	PUNCT
economy-573	30	10	inter	inter	ADJ
economy-573	30	11	-	-	ADJ
economy-573	30	12	alia	alia	ADJ
economy-573	30	13	the	the	DET
economy-573	30	14	capital	capital	NOUN
economy-573	30	15	market	market	NOUN
economy-573	30	16	,	,	PUNCT
economy-573	30	17	many	many	ADJ
economy-573	30	18	government	government	NOUN
economy-573	30	19	are	be	AUX
economy-573	30	20	now	now	ADV
economy-573	30	21	sensitive	sensitive	ADJ
economy-573	30	22	to	to	ADP
economy-573	30	23	the	the	DET
economy-573	30	24	happenings	happening	NOUN
economy-573	30	25	in	in	ADP
economy-573	30	26	their	their	PRON
economy-573	30	27	capital	capital	NOUN
economy-573	30	28	market	market	NOUN
economy-573	30	29	,	,	PUNCT
economy-573	30	30	and	and	CCONJ
economy-573	30	31	engages	engage	VERB
economy-573	30	32	in	in	ADP
economy-573	30	33	periodic	periodic	ADJ
economy-573	30	34	reforms	reform	NOUN
economy-573	30	35	to	to	PART
economy-573	30	36	improve	improve	VERB
economy-573	30	37	the	the	DET
economy-573	30	38	soundness	soundness	NOUN
economy-573	30	39	,	,	PUNCT
economy-573	30	40	stability	stability	NOUN
economy-573	30	41	and	and	CCONJ
economy-573	30	42	the	the	DET
economy-573	30	43	overall	overall	ADJ
economy-573	30	44	efficiency	efficiency	NOUN
economy-573	30	45	of	of	ADP
economy-573	30	46	the	the	DET
economy-573	30	47	market	market	NOUN
economy-573	30	48	at	at	ADP
economy-573	30	49	all	all	DET
economy-573	30	50	time	time	NOUN
economy-573	30	51	.	.	PUNCT
economy-573	31	1	the	the	DET
economy-573	31	2	nigerian	nigerian	ADJ
economy-573	31	3	government	government	NOUN
economy-573	31	4	in	in	ADP
economy-573	31	5	particular	particular	ADJ
economy-573	31	6	has	have	AUX
economy-573	31	7	put	put	VERB
economy-573	31	8	in	in	ADP
economy-573	31	9	place	place	NOUN
economy-573	31	10	various	various	ADJ
economy-573	31	11	reforms	reform	NOUN
economy-573	31	12	measures	measure	NOUN
economy-573	31	13	to	to	PART
economy-573	31	14	regulate	regulate	VERB
economy-573	31	15	the	the	DET
economy-573	31	16	capital	capital	NOUN
economy-573	31	17	market	market	NOUN
economy-573	31	18	and	and	CCONJ
economy-573	31	19	make	make	VERB
economy-573	31	20	it	it	PRON
economy-573	31	21	more	more	ADV
economy-573	31	22	relevant	relevant	ADJ
economy-573	31	23	in	in	ADP
economy-573	31	24	the	the	DET
economy-573	31	25	achievement	achievement	NOUN
economy-573	31	26	of	of	ADP
economy-573	31	27	the	the	DET
economy-573	31	28	nation	nation	NOUN
economy-573	31	29	overall	overall	ADJ
economy-573	31	30	macroeconomic	macroeconomic	ADJ
economy-573	31	31	objectives	objective	NOUN
economy-573	31	32	.	.	PUNCT
economy-573	32	1	the	the	DET
economy-573	32	2	capital	capital	NOUN
economy-573	32	3	market	market	NOUN
economy-573	32	4	thrives	thrive	VERB
economy-573	32	5	in	in	ADP
economy-573	32	6	an	an	DET
economy-573	32	7	environment	environment	NOUN
economy-573	32	8	where	where	SCONJ
economy-573	32	9	market	market	NOUN
economy-573	32	10	forces	force	NOUN
economy-573	32	11	are	be	AUX
economy-573	32	12	allowed	allow	VERB
economy-573	32	13	to	to	PART
economy-573	32	14	play	play	VERB
economy-573	32	15	their	their	PRON
economy-573	32	16	roles	role	NOUN
economy-573	32	17	of	of	ADP
economy-573	32	18	ensuring	ensure	VERB
economy-573	32	19	efficiency	efficiency	NOUN
economy-573	32	20	in	in	ADP
economy-573	32	21	the	the	DET
economy-573	32	22	allocation	allocation	NOUN
economy-573	32	23	of	of	ADP
economy-573	32	24	financial	financial	ADJ
economy-573	32	25	resources	resource	NOUN
economy-573	32	26	which	which	PRON
economy-573	32	27	ensures	ensure	VERB
economy-573	32	28	sustainable	sustainable	ADJ
economy-573	32	29	economic	economic	ADJ
economy-573	32	30	growth	growth	NOUN
economy-573	32	31	and	and	CCONJ
economy-573	32	32	development	development	NOUN
economy-573	32	33	through	through	ADP
economy-573	32	34	the	the	DET
economy-573	32	35	formation	formation	NOUN
economy-573	32	36	of	of	ADP
economy-573	32	37	fixed	fix	VERB
economy-573	32	38	capital	capital	NOUN
economy-573	32	39	.	.	PUNCT
economy-573	33	1	in	in	ADP
economy-573	33	2	addition	addition	NOUN
economy-573	33	3	,	,	PUNCT
economy-573	33	4	the	the	DET
economy-573	33	5	existence	existence	NOUN
economy-573	33	6	of	of	ADP
economy-573	33	7	market	market	NOUN
economy-573	33	8	intermediaries	intermediary	NOUN
economy-573	33	9	,	,	PUNCT
economy-573	33	10	well	well	ADV
economy-573	33	11	developed	develop	VERB
economy-573	33	12	accounting	accounting	NOUN
economy-573	33	13	,	,	PUNCT
economy-573	33	14	auditing	auditing	NOUN
economy-573	33	15	and	and	CCONJ
economy-573	33	16	financial	financial	ADJ
economy-573	33	17	disclosure	disclosure	NOUN
economy-573	33	18	standard	standard	NOUN
economy-573	33	19	together	together	ADV
economy-573	33	20	with	with	ADP
economy-573	33	21	enforced	enforce	VERB
economy-573	33	22	legal	legal	ADJ
economy-573	33	23	and	and	CCONJ
economy-573	33	24	regulatory	regulatory	ADJ
economy-573	33	25	framework	framework	NOUN
economy-573	33	26	for	for	ADP
economy-573	33	27	investors	investor	NOUN
economy-573	33	28	protection	protection	NOUN
economy-573	33	29	are	be	AUX
economy-573	33	30	absolutely	absolutely	ADV
economy-573	33	31	critical	critical	ADJ
economy-573	33	32	for	for	ADP
economy-573	33	33	the	the	DET
economy-573	33	34	effective	effective	ADJ
economy-573	33	35	contribution	contribution	NOUN
economy-573	33	36	of	of	ADP
economy-573	33	37	capital	capital	NOUN
economy-573	33	38	market	market	NOUN
economy-573	33	39	to	to	ADP
economy-573	33	40	economic	economic	ADJ
economy-573	33	41	growth	growth	NOUN
economy-573	33	42	(	(	PUNCT
economy-573	33	43	audu	audu	ADJ
economy-573	33	44	,	,	PUNCT
economy-573	33	45	2015	2015	NUM
economy-573	33	46	)	)	PUNCT
economy-573	33	47	.	.	PUNCT
economy-573	34	1	reforms	reform	NOUN
economy-573	34	2	have	have	AUX
economy-573	34	3	been	be	AUX
economy-573	34	4	the	the	DET
economy-573	34	5	widely	widely	ADV
economy-573	34	6	acclaimed	acclaim	VERB
economy-573	34	7	measures	measure	NOUN
economy-573	34	8	to	to	PART
economy-573	34	9	stimulate	stimulate	VERB
economy-573	34	10	capital	capital	NOUN
economy-573	34	11	market	market	NOUN
economy-573	34	12	development	development	NOUN
economy-573	34	13	.	.	PUNCT
economy-573	35	1	de	de	X
economy-573	35	2	la	la	PROPN
economy-573	35	3	torre	torre	PROPN
economy-573	35	4	and	and	CCONJ
economy-573	35	5	schmukler	schmukler	ADJ
economy-573	35	6	(	(	PUNCT
economy-573	35	7	2007	2007	NUM
economy-573	35	8	)	)	PUNCT
economy-573	35	9	have	have	AUX
economy-573	35	10	identified	identify	VERB
economy-573	35	11	four	four	NUM
economy-573	35	12	category	category	NOUN
economy-573	35	13	of	of	ADP
economy-573	35	14	reform	reform	NOUN
economy-573	35	15	:	:	PUNCT
economy-573	35	16	(	(	PUNCT
economy-573	35	17	1	1	X
economy-573	35	18	)	)	PUNCT
economy-573	35	19	reforming	reform	VERB
economy-573	35	20	the	the	DET
economy-573	35	21	enabling	enable	VERB
economy-573	35	22	environment	environment	NOUN
economy-573	35	23	for	for	ADP
economy-573	35	24	capital	capital	NOUN
economy-573	35	25	market	market	NOUN
economy-573	35	26	in	in	ADP
economy-573	35	27	the	the	DET
economy-573	35	28	area	area	NOUN
economy-573	35	29	of	of	ADP
economy-573	35	30	strengthening	strengthen	VERB
economy-573	35	31	macroeconomic	macroeconomic	ADJ
economy-573	35	32	stability	stability	NOUN
economy-573	35	33	and	and	CCONJ
economy-573	35	34	enforcement	enforcement	NOUN
economy-573	35	35	of	of	ADP
economy-573	35	36	property	property	NOUN
economy-573	35	37	rights	right	NOUN
economy-573	35	38	;	;	PUNCT
economy-573	35	39	(	(	PUNCT
economy-573	35	40	2	2	X
economy-573	35	41	)	)	PUNCT
economy-573	35	42	reforming	reform	VERB
economy-573	35	43	to	to	PART
economy-573	35	44	enhance	enhance	VERB
economy-573	35	45	the	the	DET
economy-573	35	46	efficiency	efficiency	NOUN
economy-573	35	47	of	of	ADP
economy-573	35	48	market	market	NOUN
economy-573	35	49	discipline	discipline	NOUN
economy-573	35	50	in	in	ADP
economy-573	35	51	the	the	DET
economy-573	35	52	entire	entire	ADJ
economy-573	35	53	financial	financial	ADJ
economy-573	35	54	system	system	NOUN
economy-573	35	55	through	through	ADP
economy-573	35	56	capital	capital	NOUN
economy-573	35	57	account	account	NOUN
economy-573	35	58	liberalization	liberalization	NOUN
economy-573	35	59	;	;	PUNCT
economy-573	35	60	(	(	PUNCT
economy-573	35	61	3	3	X
economy-573	35	62	)	)	PUNCT
economy-573	35	63	reforming	reform	VERB
economy-573	35	64	the	the	DET
economy-573	35	65	associated	associated	ADJ
economy-573	35	66	and	and	CCONJ
economy-573	35	67	supporting	support	VERB
economy-573	35	68	institutions	institution	NOUN
economy-573	35	69	of	of	ADP
economy-573	35	70	capital	capital	NOUN
economy-573	35	71	market	market	NOUN
economy-573	35	72	operation	operation	NOUN
economy-573	35	73	such	such	ADJ
economy-573	35	74	as	as	ADP
economy-573	35	75	pension	pension	NOUN
economy-573	35	76	reforms	reform	NOUN
economy-573	35	77	and	and	CCONJ
economy-573	35	78	privatization	privatization	NOUN
economy-573	35	79	programme	programme	NOUN
economy-573	35	80	;	;	PUNCT
economy-573	35	81	and	and	CCONJ
economy-573	35	82	(	(	PUNCT
economy-573	35	83	4	4	X
economy-573	35	84	)	)	PUNCT
economy-573	35	85	specific	specific	ADJ
economy-573	35	86	reforms	reform	NOUN
economy-573	35	87	for	for	ADP
economy-573	35	88	the	the	DET
economy-573	35	89	development	development	NOUN
economy-573	35	90	of	of	ADP
economy-573	35	91	regulatory	regulatory	ADJ
economy-573	35	92	and	and	CCONJ
economy-573	35	93	supervisory	supervisory	ADJ
economy-573	35	94	framework	framework	NOUN
economy-573	35	95	and	and	CCONJ
economy-573	35	96	improvement	improvement	NOUN
economy-573	35	97	in	in	ADP
economy-573	35	98	securities	security	NOUN
economy-573	35	99	clearance	clearance	NOUN
economy-573	35	100	and	and	CCONJ
economy-573	35	101	settlement	settlement	NOUN
economy-573	35	102	system	system	NOUN
economy-573	35	103	.	.	PUNCT
economy-573	36	1	nigeria	nigeria	PROPN
economy-573	36	2	had	have	AUX
economy-573	36	3	measured	measure	VERB
economy-573	36	4	significantly	significantly	ADV
economy-573	36	5	virtually	virtually	ADV
economy-573	36	6	in	in	ADP
economy-573	36	7	all	all	DET
economy-573	36	8	the	the	DET
economy-573	36	9	four	four	NUM
economy-573	36	10	categories	category	NOUN
economy-573	36	11	of	of	ADP
economy-573	36	12	reforms	reform	NOUN
economy-573	36	13	mentioned	mention	VERB
economy-573	36	14	.	.	PUNCT
economy-573	37	1	for	for	ADP
economy-573	37	2	instance	instance	NOUN
economy-573	37	3	,	,	PUNCT
economy-573	37	4	between	between	ADP
economy-573	37	5	1972	1972	NUM
economy-573	37	6	and	and	CCONJ
economy-573	37	7	1977	1977	NUM
economy-573	37	8	,	,	PUNCT
economy-573	37	9	it	it	PRON
economy-573	37	10	had	have	VERB
economy-573	37	11	the	the	DET
economy-573	37	12	nigeria	nigeria	PROPN
economy-573	37	13	enterprises	enterprise	NOUN
economy-573	37	14	promotion	promotion	NOUN
economy-573	37	15	degree	degree	NOUN
economy-573	37	16	reform	reform	NOUN
economy-573	37	17	that	that	PRON
economy-573	37	18	indigenized	indigenize	VERB
economy-573	37	19	most	most	ADJ
economy-573	37	20	foreign	foreign	ADJ
economy-573	37	21	enterprises	enterprise	NOUN
economy-573	37	22	which	which	PRON
economy-573	37	23	allowed	allow	VERB
economy-573	37	24	nigerians	nigerian	NOUN
economy-573	37	25	have	have	VERB
economy-573	37	26	some	some	DET
economy-573	37	27	equity	equity	NOUN
economy-573	37	28	ownership	ownership	NOUN
economy-573	37	29	of	of	ADP
economy-573	37	30	these	these	DET
economy-573	37	31	enterprises	enterprise	NOUN
economy-573	37	32	.	.	PUNCT
economy-573	38	1	most	most	ADJ
economy-573	38	2	of	of	ADP
economy-573	38	3	these	these	DET
economy-573	38	4	enterprises	enterprise	NOUN
economy-573	38	5	were	be	AUX
economy-573	38	6	quoted	quote	VERB
economy-573	38	7	at	at	ADP
economy-573	38	8	the	the	DET
economy-573	38	9	stock	stock	NOUN
economy-573	38	10	exchange	exchange	NOUN
economy-573	38	11	.	.	PUNCT
economy-573	39	1	again	again	ADV
economy-573	39	2	in	in	ADP
economy-573	39	3	1986	1986	NUM
economy-573	39	4	,	,	PUNCT
economy-573	39	5	the	the	DET
economy-573	39	6	government	government	NOUN
economy-573	39	7	introduced	introduce	VERB
economy-573	39	8	the	the	DET
economy-573	39	9	structural	structural	ADJ
economy-573	39	10	adjustment	adjustment	NOUN
economy-573	39	11	programme	programme	NOUN
economy-573	39	12	(	(	PUNCT
economy-573	39	13	sap	sap	PROPN
economy-573	39	14	)	)	PUNCT
economy-573	39	15	as	as	ADP
economy-573	39	16	an	an	DET
economy-573	39	17	economic	economic	ADJ
economy-573	39	18	policy	policy	NOUN
economy-573	39	19	reform	reform	NOUN
economy-573	39	20	,	,	PUNCT
economy-573	39	21	targeted	target	VERB
economy-573	39	22	to	to	PART
economy-573	39	23	reform	reform	VERB
economy-573	39	24	the	the	DET
economy-573	39	25	financial	financial	ADJ
economy-573	39	26	sector	sector	NOUN
economy-573	39	27	,	,	PUNCT
economy-573	39	28	deregulate	deregulate	VERB
economy-573	39	29	the	the	DET
economy-573	39	30	foreign	foreign	ADJ
economy-573	39	31	exchange	exchange	NOUN
economy-573	39	32	and	and	CCONJ
economy-573	39	33	interest	interest	NOUN
economy-573	39	34	rate	rate	NOUN
economy-573	39	35	to	to	PART
economy-573	39	36	promote	promote	VERB
economy-573	39	37	domestic	domestic	ADJ
economy-573	39	38	savings	saving	NOUN
economy-573	39	39	,	,	PUNCT
economy-573	39	40	and	and	CCONJ
economy-573	39	41	improve	improve	VERB
economy-573	39	42	domestic	domestic	ADJ
economy-573	39	43	and	and	CCONJ
economy-573	39	44	foreign	foreign	ADJ
economy-573	39	45	investment	investment	NOUN
economy-573	39	46	flows	flow	VERB
economy-573	39	47	.	.	PUNCT
economy-573	40	1	there	there	PRON
economy-573	40	2	was	be	VERB
economy-573	40	3	also	also	ADV
economy-573	40	4	in	in	ADP
economy-573	40	5	1988	1988	NUM
economy-573	40	6	,	,	PUNCT
economy-573	40	7	the	the	DET
economy-573	40	8	privatization	privatization	NOUN
economy-573	40	9	and	and	CCONJ
economy-573	40	10	commercialization	commercialization	NOUN
economy-573	40	11	of	of	ADP
economy-573	40	12	public	public	ADJ
economy-573	40	13	enterprises	enterprise	NOUN
economy-573	40	14	with	with	ADP
economy-573	40	15	the	the	DET
economy-573	40	16	aim	aim	NOUN
economy-573	40	17	of	of	ADP
economy-573	40	18	creating	create	VERB
economy-573	40	19	favourable	favourable	ADJ
economy-573	40	20	investment	investment	NOUN
economy-573	40	21	climate	climate	NOUN
economy-573	40	22	for	for	ADP
economy-573	40	23	both	both	CCONJ
economy-573	40	24	domestic	domestic	ADJ
economy-573	40	25	and	and	CCONJ
economy-573	40	26	foreign	foreign	ADJ
economy-573	40	27	investors	investor	NOUN
economy-573	40	28	and	and	CCONJ
economy-573	40	29	enhance	enhance	VERB
economy-573	40	30	private	private	ADJ
economy-573	40	31	sector	sector	NOUN
economy-573	40	32	led	lead	VERB
economy-573	40	33	growth	growth	NOUN
economy-573	40	34	of	of	ADP
economy-573	40	35	the	the	DET
economy-573	40	36	economy	economy	NOUN
economy-573	40	37	.	.	PUNCT
economy-573	41	1	all	all	DET
economy-573	41	2	these	these	PRON
economy-573	41	3	were	be	AUX
economy-573	41	4	made	make	VERB
economy-573	41	5	with	with	ADP
economy-573	41	6	the	the	DET
economy-573	41	7	intent	intent	NOUN
economy-573	41	8	to	to	PART
economy-573	41	9	promote	promote	VERB
economy-573	41	10	capital	capital	NOUN
economy-573	41	11	market	market	NOUN
economy-573	41	12	development	development	NOUN
economy-573	41	13	.	.	PUNCT
economy-573	42	1	furthermore	furthermore	ADV
economy-573	42	2	,	,	PUNCT
economy-573	42	3	in	in	ADP
economy-573	42	4	1995	1995	NUM
economy-573	42	5	investment	investment	NOUN
economy-573	42	6	promotion	promotion	NOUN
economy-573	42	7	and	and	CCONJ
economy-573	42	8	foreign	foreign	ADJ
economy-573	42	9	exchange	exchange	NOUN
economy-573	42	10	decree	decree	NOUN
economy-573	42	11	were	be	AUX
economy-573	42	12	promulgated	promulgate	VERB
economy-573	42	13	in	in	ADP
economy-573	42	14	order	order	NOUN
economy-573	42	15	to	to	PART
economy-573	42	16	remove	remove	VERB
economy-573	42	17	the	the	DET
economy-573	42	18	hiccups	hiccup	NOUN
economy-573	42	19	to	to	ADP
economy-573	42	20	foreign	foreign	ADJ
economy-573	42	21	investors‟	investors‟	NUM
economy-573	42	22	participation	participation	NOUN
economy-573	42	23	in	in	ADP
economy-573	42	24	the	the	DET
economy-573	42	25	nigerian	nigerian	ADJ
economy-573	42	26	capital	capital	NOUN
economy-573	42	27	market	market	NOUN
economy-573	42	28	.	.	PUNCT
economy-573	43	1	with	with	ADP
economy-573	43	2	this	this	PRON
economy-573	43	3	,	,	PUNCT
economy-573	43	4	investors	investor	NOUN
economy-573	43	5	in	in	ADP
economy-573	43	6	the	the	DET
economy-573	43	7	capital	capital	NOUN
economy-573	43	8	market	market	NOUN
economy-573	43	9	can	can	AUX
economy-573	43	10	repatriate	repatriate	VERB
economy-573	43	11	dividends	dividend	NOUN
economy-573	43	12	on	on	ADP
economy-573	43	13	investment	investment	NOUN
economy-573	43	14	,	,	PUNCT
economy-573	43	15	transfer	transfer	VERB
economy-573	43	16	foreign	foreign	ADJ
economy-573	43	17	loans	loan	NOUN
economy-573	43	18	provided	provide	VERB
economy-573	43	19	for	for	ADP
economy-573	43	20	investment	investment	NOUN
economy-573	43	21	in	in	ADP
economy-573	43	22	the	the	DET
economy-573	43	23	country	country	NOUN
economy-573	43	24	,	,	PUNCT
economy-573	43	25	sale	sale	NOUN
economy-573	43	26	or	or	CCONJ
economy-573	43	27	liquidate	liquidate	NOUN
economy-573	43	28	enterprise	enterprise	NOUN
economy-573	43	29	or	or	CCONJ
economy-573	43	30	any	any	DET
economy-573	43	31	interest	interest	NOUN
economy-573	43	32	attributable	attributable	ADJ
economy-573	43	33	to	to	ADP
economy-573	43	34	investment	investment	NOUN
economy-573	43	35	.	.	PUNCT
economy-573	44	1	also	also	ADV
economy-573	44	2	in	in	ADP
economy-573	44	3	1999	1999	NUM
economy-573	44	4	,	,	PUNCT
economy-573	44	5	there	there	PRON
economy-573	44	6	was	be	VERB
economy-573	44	7	investment	investment	NOUN
economy-573	44	8	and	and	CCONJ
economy-573	44	9	securities	security	NOUN
economy-573	44	10	act	act	PROPN
economy-573	44	11	enactment	enactment	NOUN
economy-573	44	12	that	that	PRON
economy-573	44	13	enables	enable	VERB
economy-573	44	14	security	security	NOUN
economy-573	44	15	and	and	CCONJ
economy-573	44	16	exchange	exchange	PROPN
economy-573	44	17	commission	commission	PROPN
economy-573	44	18	(	(	PUNCT
economy-573	44	19	sec	sec	PROPN
economy-573	44	20	)	)	PUNCT
economy-573	44	21	to	to	PART
economy-573	44	22	pursue	pursue	VERB
economy-573	44	23	investor	investor	NOUN
economy-573	44	24	protection	protection	NOUN
economy-573	44	25	and	and	CCONJ
economy-573	44	26	capital	capital	NOUN
economy-573	44	27	market	market	NOUN
economy-573	44	28	development	development	NOUN
economy-573	44	29	by	by	ADP
economy-573	44	30	regulating	regulate	VERB
economy-573	44	31	investments	investment	NOUN
economy-573	44	32	and	and	CCONJ
economy-573	44	33	securities	security	NOUN
economy-573	44	34	business	business	NOUN
economy-573	44	35	in	in	ADP
economy-573	44	36	nigeria	nigeria	PROPN
economy-573	44	37	other	other	ADJ
economy-573	44	38	giant	giant	ADJ
economy-573	44	39	strides	stride	NOUN
economy-573	44	40	in	in	ADP
economy-573	44	41	the	the	DET
economy-573	44	42	capital	capital	NOUN
economy-573	44	43	market	market	NOUN
economy-573	44	44	reforms	reform	NOUN
economy-573	44	45	to	to	PART
economy-573	44	46	enhanced	enhance	VERB
economy-573	44	47	stock	stock	NOUN
economy-573	44	48	market	market	NOUN
economy-573	44	49	development	development	NOUN
economy-573	44	50	are	be	AUX
economy-573	44	51	the	the	DET
economy-573	44	52	introduction	introduction	NOUN
economy-573	44	53	of	of	ADP
economy-573	44	54	electronic	electronic	ADJ
economy-573	44	55	business	business	NOUN
economy-573	44	56	(	(	PUNCT
economy-573	44	57	e	e	NOUN
economy-573	44	58	-	-	NOUN
economy-573	44	59	business	business	NOUN
economy-573	44	60	)	)	PUNCT
economy-573	44	61	with	with	ADP
economy-573	44	62	automatic	automatic	ADJ
economy-573	44	63	access	access	NOUN
economy-573	44	64	to	to	ADP
economy-573	44	65	central	central	ADJ
economy-573	44	66	securities	security	NOUN
economy-573	44	67	clearing	clearing	NOUN
economy-573	44	68	system	system	NOUN
economy-573	44	69	(	(	PUNCT
economy-573	44	70	cscs	cscs	PROPN
economy-573	44	71	)	)	PUNCT
economy-573	44	72	in	in	ADP
economy-573	44	73	1999	1999	NUM
economy-573	44	74	.	.	PUNCT
economy-573	45	1	there	there	PRON
economy-573	45	2	was	be	VERB
economy-573	45	3	also	also	ADV
economy-573	45	4	the	the	DET
economy-573	45	5	introduction	introduction	NOUN
economy-573	45	6	of	of	ADP
economy-573	45	7	trade	trade	NOUN
economy-573	45	8	alert	alert	NOUN
economy-573	45	9	information	information	NOUN
economy-573	45	10	system	system	NOUN
economy-573	45	11	that	that	PRON
economy-573	45	12	alerts	alert	VERB
economy-573	45	13	stock	stock	NOUN
economy-573	45	14	holders	holder	NOUN
economy-573	45	15	of	of	ADP
economy-573	45	16	any	any	DET
economy-573	45	17	transaction	transaction	NOUN
economy-573	45	18	in	in	ADP
economy-573	45	19	their	their	PRON
economy-573	45	20	stock	stock	NOUN
economy-573	45	21	within	within	ADP
economy-573	45	22	24	24	NUM
economy-573	45	23	hours	hour	NOUN
economy-573	45	24	.	.	PUNCT
economy-573	46	1	again	again	ADV
economy-573	46	2	in	in	ADP
economy-573	46	3	2001	2001	NUM
economy-573	46	4	,	,	PUNCT
economy-573	46	5	the	the	DET
economy-573	46	6	nigerian	nigerian	ADJ
economy-573	46	7	stock	stock	NOUN
economy-573	46	8	exchange	exchange	PROPN
economy-573	46	9	(	(	PUNCT
economy-573	46	10	nse	nse	NOUN
economy-573	46	11	)	)	PUNCT
economy-573	46	12	introduced	introduce	VERB
economy-573	46	13	organizational	organizational	ADJ
economy-573	46	14	structural	structural	ADJ
economy-573	46	15	reform	reform	NOUN
economy-573	46	16	of	of	ADP
economy-573	46	17	its	its	PRON
economy-573	46	18	self	self	NOUN
economy-573	46	19	to	to	PART
economy-573	46	20	boost	boost	VERB
economy-573	46	21	performance	performance	NOUN
economy-573	46	22	.	.	PUNCT
economy-573	47	1	another	another	DET
economy-573	47	2	remarkable	remarkable	ADJ
economy-573	47	3	reform	reform	NOUN
economy-573	47	4	that	that	PRON
economy-573	47	5	has	have	VERB
economy-573	47	6	significant	significant	ADJ
economy-573	47	7	impact	impact	NOUN
economy-573	47	8	to	to	ADP
economy-573	47	9	the	the	DET
economy-573	47	10	capital	capital	NOUN
economy-573	47	11	market	market	NOUN
economy-573	47	12	development	development	NOUN
economy-573	47	13	was	be	AUX
economy-573	47	14	the	the	DET
economy-573	47	15	pension	pension	NOUN
economy-573	47	16	reform	reform	NOUN
economy-573	47	17	act	act	NOUN
economy-573	47	18	of	of	ADP
economy-573	47	19	2004	2004	NUM
economy-573	47	20	and	and	CCONJ
economy-573	47	21	the	the	DET
economy-573	47	22	banking	banking	NOUN
economy-573	47	23	sector	sector	NOUN
economy-573	47	24	recapitalization	recapitalization	NOUN
economy-573	47	25	reform	reform	NOUN
economy-573	47	26	of	of	ADP
economy-573	47	27	2005	2005	NUM
economy-573	47	28	.	.	PUNCT
economy-573	48	1	the	the	DET
economy-573	48	2	pension	pension	NOUN
economy-573	48	3	act	act	NOUN
economy-573	48	4	in	in	ADP
economy-573	48	5	particular	particular	ADJ
economy-573	48	6	stipulated	stipulate	VERB
economy-573	48	7	investment	investment	NOUN
economy-573	48	8	of	of	ADP
economy-573	48	9	pension	pension	NOUN
economy-573	48	10	fund	fund	NOUN
economy-573	48	11	in	in	ADP
economy-573	48	12	bonds	bond	NOUN
economy-573	48	13	,	,	PUNCT
economy-573	48	14	bills	bill	NOUN
economy-573	48	15	and	and	CCONJ
economy-573	48	16	other	other	ADJ
economy-573	48	17	securities	security	NOUN
economy-573	48	18	guaranteed	guarantee	VERB
economy-573	48	19	by	by	ADP
economy-573	48	20	the	the	DET
economy-573	48	21	federal	federal	ADJ
economy-573	48	22	government	government	NOUN
economy-573	48	23	and	and	CCONJ
economy-573	48	24	central	central	ADJ
economy-573	48	25	bank	bank	PROPN
economy-573	48	26	of	of	ADP
economy-573	48	27	nigeria	nigeria	PROPN
economy-573	48	28	.	.	PUNCT
economy-573	49	1	the	the	DET
economy-573	49	2	commercial	commercial	ADJ
economy-573	49	3	banking	banking	NOUN
economy-573	49	4	sector	sector	NOUN
economy-573	49	5	recapitalization	recapitalization	NOUN
economy-573	49	6	reform	reform	NOUN
economy-573	49	7	itself	itself	PRON
economy-573	49	8	opened	open	VERB
economy-573	49	9	way	way	NOUN
economy-573	49	10	for	for	SCONJ
economy-573	49	11	many	many	ADJ
economy-573	49	12	banks	bank	NOUN
economy-573	49	13	to	to	PART
economy-573	49	14	access	access	VERB
economy-573	49	15	the	the	DET
economy-573	49	16	capital	capital	NOUN
economy-573	49	17	market	market	NOUN
economy-573	49	18	to	to	PART
economy-573	49	19	raise	raise	VERB
economy-573	49	20	needed	need	VERB
economy-573	49	21	developmental	developmental	ADJ
economy-573	49	22	funds	fund	NOUN
economy-573	49	23	.	.	PUNCT
economy-573	50	1	nigeria	nigeria	PROPN
economy-573	50	2	like	like	ADP
economy-573	50	3	other	other	ADJ
economy-573	50	4	developing	develop	VERB
economy-573	50	5	and	and	CCONJ
economy-573	50	6	developed	developed	ADJ
economy-573	50	7	countries	country	NOUN
economy-573	50	8	of	of	ADP
economy-573	50	9	the	the	DET
economy-573	50	10	world	world	NOUN
economy-573	50	11	has	have	AUX
economy-573	50	12	embarked	embark	VERB
economy-573	50	13	on	on	ADP
economy-573	50	14	capital	capital	NOUN
economy-573	50	15	market	market	NOUN
economy-573	50	16	reform	reform	NOUN
economy-573	50	17	as	as	ADP
economy-573	50	18	a	a	DET
economy-573	50	19	veritable	veritable	ADJ
economy-573	50	20	tool	tool	NOUN
economy-573	50	21	to	to	PART
economy-573	50	22	enhance	enhance	VERB
economy-573	50	23	the	the	DET
economy-573	50	24	performance	performance	NOUN
economy-573	50	25	of	of	ADP
economy-573	50	26	the	the	DET
economy-573	50	27	economy	economy	NOUN
economy-573	50	28	.	.	PUNCT
economy-573	51	1	she	she	PRON
economy-573	51	2	has	have	AUX
economy-573	51	3	followed	follow	VERB
economy-573	51	4	after	after	ADP
economy-573	51	5	other	other	ADJ
economy-573	51	6	nations	nation	NOUN
economy-573	51	7	that	that	PRON
economy-573	51	8	reformed	reform	VERB
economy-573	51	9	their	their	PRON
economy-573	51	10	capital	capital	NOUN
economy-573	51	11	market	market	NOUN
economy-573	51	12	such	such	ADJ
economy-573	51	13	as	as	ADP
economy-573	51	14	:	:	PUNCT
economy-573	51	15	china	china	PROPN
economy-573	51	16	in	in	ADP
economy-573	51	17	1979	1979	NUM
economy-573	51	18	,	,	PUNCT
economy-573	51	19	turkey	turkey	NOUN
economy-573	51	20	in	in	ADP
economy-573	51	21	1980	1980	NUM
economy-573	51	22	,	,	PUNCT
economy-573	51	23	ghana	ghana	PROPN
economy-573	51	24	in	in	ADP
economy-573	51	25	1983	1983	NUM
economy-573	51	26	,	,	PUNCT
economy-573	51	27	india	india	PROPN
economy-573	51	28	in	in	ADP
economy-573	51	29	1992	1992	NUM
economy-573	51	30	,	,	PUNCT
economy-573	51	31	cuba	cuba	PROPN
economy-573	51	32	in	in	ADP
economy-573	51	33	1995	1995	NUM
economy-573	51	34	and	and	CCONJ
economy-573	51	35	pakistan	pakistan	PROPN
economy-573	51	36	in	in	ADP
economy-573	51	37	1999	1999	NUM
economy-573	51	38	.	.	PUNCT
economy-573	52	1	many	many	ADJ
economy-573	52	2	of	of	ADP
economy-573	52	3	the	the	DET
economy-573	52	4	reforms	reform	NOUN
economy-573	52	5	from	from	ADP
economy-573	52	6	these	these	DET
economy-573	52	7	countries	country	NOUN
economy-573	52	8	have	have	AUX
economy-573	52	9	yielded	yield	VERB
economy-573	52	10	attendant	attendant	ADJ
economy-573	52	11	results	result	NOUN
economy-573	52	12	.	.	PUNCT
economy-573	53	1	however	however	ADV
economy-573	53	2	,	,	PUNCT
economy-573	53	3	for	for	ADP
economy-573	53	4	nigeria	nigeria	PROPN
economy-573	53	5	,	,	PUNCT
economy-573	53	6	the	the	DET
economy-573	53	7	ensuing	ensue	VERB
economy-573	53	8	economic	economic	ADJ
economy-573	53	9	predicaments	predicament	NOUN
economy-573	53	10	manifest	manifest	VERB
economy-573	53	11	in	in	ADP
economy-573	53	12	forms	form	NOUN
economy-573	53	13	of	of	ADP
economy-573	53	14	debt	debt	NOUN
economy-573	53	15	burden	burden	NOUN
economy-573	53	16	,	,	PUNCT
economy-573	53	17	sluggish	sluggish	ADJ
economy-573	53	18	savings	saving	NOUN
economy-573	53	19	mobilization	mobilization	NOUN
economy-573	53	20	and	and	CCONJ
economy-573	53	21	slow	slow	ADJ
economy-573	53	22	growth	growth	NOUN
economy-573	53	23	rate	rate	NOUN
economy-573	53	24	,	,	PUNCT
economy-573	53	25	particularly	particularly	ADV
economy-573	53	26	in	in	ADP
economy-573	53	27	the	the	DET
economy-573	53	28	financial	financial	ADJ
economy-573	53	29	sectors	sector	NOUN
economy-573	53	30	have	have	AUX
economy-573	53	31	called	call	VERB
economy-573	53	32	to	to	PART
economy-573	53	33	question	question	VERB
economy-573	53	34	the	the	DET
economy-573	53	35	effectiveness	effectiveness	NOUN
economy-573	53	36	of	of	ADP
economy-573	53	37	the	the	DET
economy-573	53	38	reforms	reform	NOUN
economy-573	53	39	over	over	ADP
economy-573	53	40	the	the	DET
economy-573	53	41	years	year	NOUN
economy-573	53	42	.	.	PUNCT
economy-573	54	1	more	more	ADV
economy-573	54	2	so	so	ADV
economy-573	54	3	,	,	PUNCT
economy-573	54	4	the	the	DET
economy-573	54	5	reforms	reform	NOUN
economy-573	54	6	have	have	AUX
economy-573	54	7	not	not	PART
economy-573	54	8	been	be	AUX
economy-573	54	9	limited	limit	VERB
economy-573	54	10	to	to	ADP
economy-573	54	11	the	the	DET
economy-573	54	12	capital	capital	NOUN
economy-573	54	13	market	market	NOUN
economy-573	54	14	but	but	CCONJ
economy-573	54	15	have	have	AUX
economy-573	54	16	included	include	VERB
economy-573	54	17	monetary	monetary	ADJ
economy-573	54	18	and	and	CCONJ
economy-573	54	19	fiscal	fiscal	ADJ
economy-573	54	20	policies	policy	NOUN
economy-573	54	21	reforms	reform	NOUN
economy-573	54	22	and	and	CCONJ
economy-573	54	23	other	other	ADJ
economy-573	54	24	sectorial	sectorial	ADJ
economy-573	54	25	reforms	reform	NOUN
economy-573	54	26	.	.	PUNCT
economy-573	55	1	in	in	ADP
economy-573	55	2	view	view	NOUN
economy-573	55	3	of	of	ADP
economy-573	55	4	numerous	numerous	ADJ
economy-573	55	5	reforms	reform	NOUN
economy-573	55	6	pursued	pursue	VERB
economy-573	55	7	,	,	PUNCT
economy-573	55	8	several	several	ADJ
economy-573	55	9	questions	question	NOUN
economy-573	55	10	have	have	AUX
economy-573	55	11	been	be	AUX
economy-573	55	12	raised	raise	VERB
economy-573	55	13	by	by	ADP
economy-573	55	14	investors	investor	NOUN
economy-573	55	15	,	,	PUNCT
economy-573	55	16	practitioners	practitioner	NOUN
economy-573	55	17	,	,	PUNCT
economy-573	55	18	academics	academic	NOUN
economy-573	55	19	and	and	CCONJ
economy-573	55	20	policy	policy	NOUN
economy-573	55	21	makers	maker	NOUN
economy-573	55	22	as	as	ADP
economy-573	55	23	to	to	ADP
economy-573	55	24	how	how	SCONJ
economy-573	55	25	effective	effective	ADJ
economy-573	55	26	capital	capital	NOUN
economy-573	55	27	market	market	NOUN
economy-573	55	28	reforms	reform	NOUN
economy-573	55	29	are	be	AUX
economy-573	55	30	to	to	ADP
economy-573	55	31	the	the	DET
economy-573	55	32	advancement	advancement	NOUN
economy-573	55	33	of	of	ADP
economy-573	55	34	the	the	DET
economy-573	55	35	economy	economy	NOUN
economy-573	55	36	?	?	PUNCT
economy-573	56	1	is	be	AUX
economy-573	56	2	capital	capital	NOUN
economy-573	56	3	market	market	NOUN
economy-573	56	4	development	development	NOUN
economy-573	56	5	reforms	reform	NOUN
economy-573	56	6	positively	positively	ADV
economy-573	56	7	or	or	CCONJ
economy-573	56	8	negatively	negatively	ADV
economy-573	56	9	related	relate	VERB
economy-573	56	10	to	to	ADP
economy-573	56	11	stock	stock	NOUN
economy-573	56	12	market	market	NOUN
economy-573	56	13	development	development	NOUN
economy-573	56	14	and	and	CCONJ
economy-573	56	15	economic	economic	ADJ
economy-573	56	16	growth	growth	NOUN
economy-573	56	17	in	in	ADP
economy-573	56	18	nigeria	nigeria	PROPN
economy-573	56	19	?	?	PUNCT
economy-573	57	1	empirically	empirically	ADV
economy-573	57	2	,	,	PUNCT
economy-573	57	3	is	be	AUX
economy-573	57	4	the	the	DET
economy-573	57	5	impact	impact	NOUN
economy-573	57	6	of	of	ADP
economy-573	57	7	reforms	reform	NOUN
economy-573	57	8	on	on	ADP
economy-573	57	9	stock	stock	NOUN
economy-573	57	10	market	market	NOUN
economy-573	57	11	development	development	NOUN
economy-573	57	12	and	and	CCONJ
economy-573	57	13	the	the	DET
economy-573	57	14	nigerian	nigerian	ADJ
economy-573	57	15	economy	economy	NOUN
economy-573	57	16	significant	significant	ADJ
economy-573	57	17	?	?	PUNCT
economy-573	58	1	this	this	DET
economy-573	58	2	study	study	NOUN
economy-573	58	3	is	be	AUX
economy-573	58	4	poised	poise	VERB
economy-573	58	5	to	to	PART
economy-573	58	6	provide	provide	VERB
economy-573	58	7	needed	need	VERB
economy-573	58	8	answers	answer	NOUN
economy-573	58	9	to	to	ADP
economy-573	58	10	the	the	DET
economy-573	58	11	questions	question	NOUN
economy-573	58	12	raised	raise	VERB
economy-573	58	13	above	above	ADV
economy-573	58	14	.	.	PUNCT
economy-573	59	1	in	in	ADP
economy-573	59	2	lieu	lieu	NOUN
economy-573	59	3	of	of	ADP
economy-573	59	4	the	the	DET
economy-573	59	5	issues	issue	NOUN
economy-573	59	6	raised	raise	VERB
economy-573	59	7	,	,	PUNCT
economy-573	59	8	the	the	DET
economy-573	59	9	remaining	remain	VERB
economy-573	59	10	part	part	NOUN
economy-573	59	11	of	of	ADP
economy-573	59	12	this	this	DET
economy-573	59	13	study	study	NOUN
economy-573	59	14	is	be	AUX
economy-573	59	15	structured	structure	VERB
economy-573	59	16	into	into	ADP
economy-573	59	17	four	four	NUM
economy-573	59	18	sections	section	NOUN
economy-573	59	19	.	.	PUNCT
economy-573	60	1	the	the	DET
economy-573	60	2	second	second	ADJ
economy-573	60	3	section	section	NOUN
economy-573	60	4	will	will	AUX
economy-573	60	5	provide	provide	VERB
economy-573	60	6	the	the	DET
economy-573	60	7	literature	literature	NOUN
economy-573	60	8	review	review	NOUN
economy-573	60	9	.	.	PUNCT
economy-573	61	1	the	the	DET
economy-573	61	2	third	third	ADJ
economy-573	61	3	section	section	NOUN
economy-573	61	4	considers	consider	VERB
economy-573	61	5	the	the	DET
economy-573	61	6	methodology	methodology	NOUN
economy-573	61	7	.	.	PUNCT
economy-573	62	1	while	while	SCONJ
economy-573	62	2	the	the	DET
economy-573	62	3	fourth	fourth	ADJ
economy-573	62	4	and	and	CCONJ
economy-573	62	5	fifth	fifth	ADJ
economy-573	62	6	sections	section	NOUN
economy-573	62	7	respectively	respectively	ADV
economy-573	62	8	will	will	AUX
economy-573	62	9	give	give	VERB
economy-573	62	10	empirical	empirical	ADJ
economy-573	62	11	analysis	analysis	NOUN
economy-573	62	12	of	of	ADP
economy-573	62	13	data	datum	NOUN
economy-573	62	14	and	and	CCONJ
economy-573	62	15	summary	summary	NOUN
economy-573	62	16	of	of	ADP
economy-573	62	17	the	the	DET
economy-573	62	18	study	study	NOUN
economy-573	62	19	.	.	PUNCT
economy-573	63	1	2	2	X
economy-573	63	2	.	.	X
economy-573	63	3	literature	literature	NOUN
economy-573	63	4	review	review	VERB
economy-573	63	5	the	the	DET
economy-573	63	6	importance	importance	NOUN
economy-573	63	7	of	of	ADP
economy-573	63	8	reviewing	review	VERB
economy-573	63	9	literature	literature	NOUN
economy-573	63	10	in	in	ADP
economy-573	63	11	a	a	DET
economy-573	63	12	research	research	NOUN
economy-573	63	13	work	work	NOUN
economy-573	63	14	is	be	AUX
economy-573	63	15	enormous	enormous	ADJ
economy-573	63	16	.	.	PUNCT
economy-573	64	1	basically	basically	ADV
economy-573	64	2	,	,	PUNCT
economy-573	64	3	it	it	PRON
economy-573	64	4	provides	provide	VERB
economy-573	64	5	knowledge	knowledge	NOUN
economy-573	64	6	of	of	ADP
economy-573	64	7	what	what	PRON
economy-573	64	8	previous	previous	ADJ
economy-573	64	9	authors	author	NOUN
economy-573	64	10	or	or	CCONJ
economy-573	64	11	researcher	researcher	NOUN
economy-573	64	12	have	have	AUX
economy-573	64	13	done	do	VERB
economy-573	64	14	in	in	ADP
economy-573	64	15	the	the	DET
economy-573	64	16	related	relate	VERB
economy-573	64	17	field	field	NOUN
economy-573	64	18	of	of	ADP
economy-573	64	19	study	study	NOUN
economy-573	64	20	;	;	PUNCT
economy-573	64	21	the	the	DET
economy-573	64	22	theories	theory	NOUN
economy-573	64	23	on	on	ADP
economy-573	64	24	which	which	PRON
economy-573	64	25	previous	previous	ADJ
economy-573	64	26	work	work	NOUN
economy-573	64	27	was	be	AUX
economy-573	64	28	based	base	VERB
economy-573	64	29	economy	economy	NOUN
economy-573	64	30	,	,	PUNCT
economy-573	64	31	2016	2016	NUM
economy-573	64	32	,	,	PUNCT
economy-573	64	33	3(1	3(1	NUM
economy-573	64	34	):	):	PUNCT
economy-573	64	35	31	31	NUM
economy-573	64	36	-	-	SYM
economy-573	64	37	39	39	NUM
economy-573	64	38	33	33	NUM
economy-573	64	39	on	on	ADP
economy-573	64	40	and	and	CCONJ
economy-573	64	41	the	the	DET
economy-573	64	42	empirical	empirical	ADJ
economy-573	64	43	findings	finding	NOUN
economy-573	64	44	from	from	ADP
economy-573	64	45	such	such	ADJ
economy-573	64	46	works	work	NOUN
economy-573	64	47	.	.	PUNCT
economy-573	65	1	in	in	ADP
economy-573	65	2	this	this	DET
economy-573	65	3	guise	guise	NOUN
economy-573	65	4	,	,	PUNCT
economy-573	65	5	we	we	PRON
economy-573	65	6	highlight	highlight	VERB
economy-573	65	7	the	the	DET
economy-573	65	8	conceptual	conceptual	ADJ
economy-573	65	9	,	,	PUNCT
economy-573	65	10	theoretical	theoretical	ADJ
economy-573	65	11	and	and	CCONJ
economy-573	65	12	empirical	empirical	ADJ
economy-573	65	13	views	view	NOUN
economy-573	65	14	of	of	ADP
economy-573	65	15	authors	author	NOUN
economy-573	65	16	in	in	ADP
economy-573	65	17	this	this	DET
economy-573	65	18	field	field	NOUN
economy-573	65	19	.	.	PUNCT
economy-573	66	1	2.1	2.1	NUM
economy-573	66	2	.	.	PUNCT
economy-573	66	3	conceptual	conceptual	ADJ
economy-573	66	4	review	review	NOUN
economy-573	66	5	conceptually	conceptually	ADV
economy-573	66	6	,	,	PUNCT
economy-573	66	7	capital	capital	NOUN
economy-573	66	8	market	market	NOUN
economy-573	66	9	is	be	AUX
economy-573	66	10	seen	see	VERB
economy-573	66	11	as	as	ADP
economy-573	66	12	an	an	DET
economy-573	66	13	institution	institution	NOUN
economy-573	66	14	that	that	PRON
economy-573	66	15	plays	play	VERB
economy-573	66	16	the	the	DET
economy-573	66	17	role	role	NOUN
economy-573	66	18	of	of	ADP
economy-573	66	19	channeling	channel	VERB
economy-573	66	20	resources	resource	NOUN
economy-573	66	21	,	,	PUNCT
economy-573	66	22	promoting	promote	VERB
economy-573	66	23	reforms	reform	NOUN
economy-573	66	24	to	to	PART
economy-573	66	25	modernize	modernize	VERB
economy-573	66	26	the	the	DET
economy-573	66	27	financial	financial	ADJ
economy-573	66	28	sector	sector	NOUN
economy-573	66	29	and	and	CCONJ
economy-573	66	30	link	link	VERB
economy-573	66	31	deficit	deficit	NOUN
economy-573	66	32	sectors	sector	NOUN
economy-573	66	33	to	to	ADP
economy-573	66	34	the	the	DET
economy-573	66	35	surplus	surplus	ADJ
economy-573	66	36	sectors	sector	NOUN
economy-573	66	37	.	.	PUNCT
economy-573	67	1	it	it	PRON
economy-573	67	2	is	be	AUX
economy-573	67	3	also	also	ADV
economy-573	67	4	seen	see	VERB
economy-573	67	5	as	as	ADP
economy-573	67	6	veritable	veritable	ADJ
economy-573	67	7	tool	tool	NOUN
economy-573	67	8	in	in	ADP
economy-573	67	9	the	the	DET
economy-573	67	10	mobilization	mobilization	NOUN
economy-573	67	11	and	and	CCONJ
economy-573	67	12	allocation	allocation	NOUN
economy-573	67	13	of	of	ADP
economy-573	67	14	savings	saving	NOUN
economy-573	67	15	to	to	ADP
economy-573	67	16	critical	critical	ADJ
economy-573	67	17	growth	growth	NOUN
economy-573	67	18	sectors	sector	NOUN
economy-573	67	19	of	of	ADP
economy-573	67	20	the	the	DET
economy-573	67	21	economy	economy	NOUN
economy-573	67	22	(	(	PUNCT
economy-573	67	23	alile	alile	ADJ
economy-573	67	24	,	,	PUNCT
economy-573	67	25	1996	1996	NUM
economy-573	67	26	)	)	PUNCT
economy-573	67	27	.	.	PUNCT
economy-573	68	1	capital	capital	NOUN
economy-573	68	2	market	market	NOUN
economy-573	68	3	is	be	AUX
economy-573	68	4	an	an	DET
economy-573	68	5	institution	institution	NOUN
economy-573	68	6	that	that	PRON
economy-573	68	7	offers	offer	VERB
economy-573	68	8	variety	variety	NOUN
economy-573	68	9	of	of	ADP
economy-573	68	10	financial	financial	ADJ
economy-573	68	11	instruments	instrument	NOUN
economy-573	68	12	with	with	ADP
economy-573	68	13	attractive	attractive	ADJ
economy-573	68	14	yields	yield	NOUN
economy-573	68	15	,	,	PUNCT
economy-573	68	16	liquidity	liquidity	NOUN
economy-573	68	17	and	and	CCONJ
economy-573	68	18	risk	risk	NOUN
economy-573	68	19	characteristics	characteristic	NOUN
economy-573	68	20	that	that	PRON
economy-573	68	21	encourages	encourage	VERB
economy-573	68	22	savings	saving	NOUN
economy-573	68	23	in	in	ADP
economy-573	68	24	financial	financial	ADJ
economy-573	68	25	form	form	NOUN
economy-573	68	26	essential	essential	ADJ
economy-573	68	27	for	for	ADP
economy-573	68	28	government	government	NOUN
economy-573	68	29	and	and	CCONJ
economy-573	68	30	other	other	ADJ
economy-573	68	31	institutions	institution	NOUN
economy-573	68	32	in	in	ADP
economy-573	68	33	need	need	NOUN
economy-573	68	34	of	of	ADP
economy-573	68	35	long	long	ADJ
economy-573	68	36	term	term	NOUN
economy-573	68	37	funds	fund	NOUN
economy-573	68	38	(	(	PUNCT
economy-573	68	39	nwankwo	nwankwo	PROPN
economy-573	68	40	,	,	PUNCT
economy-573	68	41	1999	1999	NUM
economy-573	68	42	)	)	PUNCT
economy-573	68	43	.	.	PUNCT
economy-573	69	1	in	in	ADP
economy-573	69	2	a	a	DET
economy-573	69	3	related	related	ADJ
economy-573	69	4	conceptual	conceptual	ADJ
economy-573	69	5	explanation	explanation	NOUN
economy-573	69	6	,	,	PUNCT
economy-573	69	7	ekundayo	ekundayo	PROPN
economy-573	69	8	(	(	PUNCT
economy-573	69	9	2006	2006	NUM
economy-573	69	10	)	)	PUNCT
economy-573	69	11	see	see	VERB
economy-573	69	12	the	the	DET
economy-573	69	13	capital	capital	NOUN
economy-573	69	14	market	market	NOUN
economy-573	69	15	as	as	ADP
economy-573	69	16	a	a	DET
economy-573	69	17	means	means	NOUN
economy-573	69	18	through	through	ADP
economy-573	69	19	which	which	PRON
economy-573	69	20	a	a	DET
economy-573	69	21	nation	nation	NOUN
economy-573	69	22	attains	attain	VERB
economy-573	69	23	sustainable	sustainable	ADJ
economy-573	69	24	economic	economic	ADJ
economy-573	69	25	growth	growth	NOUN
economy-573	69	26	and	and	CCONJ
economy-573	69	27	development	development	NOUN
economy-573	69	28	through	through	ADP
economy-573	69	29	local	local	ADJ
economy-573	69	30	and	and	CCONJ
economy-573	69	31	foreign	foreign	ADJ
economy-573	69	32	investment	investment	NOUN
economy-573	69	33	.	.	PUNCT
economy-573	70	1	to	to	PART
economy-573	70	2	osaze	osaze	VERB
economy-573	70	3	(	(	PUNCT
economy-573	70	4	2000	2000	NUM
economy-573	70	5	)	)	PUNCT
economy-573	70	6	capital	capital	NOUN
economy-573	70	7	market	market	NOUN
economy-573	70	8	is	be	AUX
economy-573	70	9	the	the	DET
economy-573	70	10	major	major	ADJ
economy-573	70	11	driver	driver	NOUN
economy-573	70	12	of	of	ADP
economy-573	70	13	any	any	DET
economy-573	70	14	economy	economy	NOUN
economy-573	70	15	to	to	ADP
economy-573	70	16	growth	growth	NOUN
economy-573	70	17	and	and	CCONJ
economy-573	70	18	development	development	NOUN
economy-573	70	19	,	,	PUNCT
economy-573	70	20	as	as	SCONJ
economy-573	70	21	it	it	PRON
economy-573	70	22	is	be	AUX
economy-573	70	23	vital	vital	ADJ
economy-573	70	24	for	for	ADP
economy-573	70	25	long	long	ADJ
economy-573	70	26	term	term	NOUN
economy-573	70	27	capital	capital	NOUN
economy-573	70	28	formation	formation	NOUN
economy-573	70	29	,	,	PUNCT
economy-573	70	30	savings	saving	NOUN
economy-573	70	31	mobilization	mobilization	NOUN
economy-573	70	32	and	and	CCONJ
economy-573	70	33	channeling	channeling	NOUN
economy-573	70	34	of	of	ADP
economy-573	70	35	same	same	ADJ
economy-573	70	36	to	to	ADP
economy-573	70	37	profitable	profitable	ADJ
economy-573	70	38	investments	investment	NOUN
economy-573	70	39	.	.	PUNCT
economy-573	71	1	the	the	DET
economy-573	71	2	capital	capital	NOUN
economy-573	71	3	market	market	NOUN
economy-573	71	4	provides	provide	VERB
economy-573	71	5	the	the	DET
economy-573	71	6	necessary	necessary	ADJ
economy-573	71	7	lubricant	lubricant	NOUN
economy-573	71	8	that	that	PRON
economy-573	71	9	keeps	keep	VERB
economy-573	71	10	turning	turn	VERB
economy-573	71	11	the	the	DET
economy-573	71	12	wheel	wheel	NOUN
economy-573	71	13	of	of	ADP
economy-573	71	14	the	the	DET
economy-573	71	15	economy	economy	NOUN
economy-573	71	16	.	.	PUNCT
economy-573	72	1	in	in	ADP
economy-573	72	2	its	its	PRON
economy-573	72	3	allocative	allocative	ADJ
economy-573	72	4	function	function	NOUN
economy-573	72	5	,	,	PUNCT
economy-573	72	6	the	the	DET
economy-573	72	7	market	market	NOUN
economy-573	72	8	affects	affect	VERB
economy-573	72	9	liquidity	liquidity	NOUN
economy-573	72	10	,	,	PUNCT
economy-573	72	11	acquisition	acquisition	NOUN
economy-573	72	12	of	of	ADP
economy-573	72	13	information	information	NOUN
economy-573	72	14	about	about	ADP
economy-573	72	15	firms	firm	NOUN
economy-573	72	16	,	,	PUNCT
economy-573	72	17	risk	risk	NOUN
economy-573	72	18	diversification	diversification	NOUN
economy-573	72	19	,	,	PUNCT
economy-573	72	20	savings	saving	NOUN
economy-573	72	21	mobilization	mobilization	NOUN
economy-573	72	22	and	and	CCONJ
economy-573	72	23	cooperate	cooperate	VERB
economy-573	72	24	control	control	NOUN
economy-573	72	25	(	(	PUNCT
economy-573	72	26	anyanwu	anyanwu	PROPN
economy-573	72	27	,	,	PUNCT
economy-573	72	28	1998	1998	NUM
economy-573	72	29	)	)	PUNCT
economy-573	72	30	.	.	PUNCT
economy-573	73	1	furthermore	furthermore	ADV
economy-573	73	2	,	,	PUNCT
economy-573	73	3	the	the	DET
economy-573	73	4	functioning	functioning	NOUN
economy-573	73	5	of	of	ADP
economy-573	73	6	the	the	DET
economy-573	73	7	capital	capital	NOUN
economy-573	73	8	market	market	NOUN
economy-573	73	9	alters	alter	VERB
economy-573	73	10	the	the	DET
economy-573	73	11	rate	rate	NOUN
economy-573	73	12	of	of	ADP
economy-573	73	13	economic	economic	ADJ
economy-573	73	14	growth	growth	NOUN
economy-573	73	15	(	(	PUNCT
economy-573	73	16	ekuakun	ekuakun	NOUN
economy-573	73	17	,	,	PUNCT
economy-573	73	18	2005	2005	NUM
economy-573	73	19	)	)	PUNCT
economy-573	73	20	.	.	PUNCT
economy-573	74	1	to	to	ADP
economy-573	74	2	okereke	okereke	ADJ
economy-573	74	3	-	-	PUNCT
economy-573	74	4	onyiuke	onyiuke	NOUN
economy-573	74	5	(	(	PUNCT
economy-573	74	6	2000	2000	NUM
economy-573	74	7	)	)	PUNCT
economy-573	74	8	cheap	cheap	ADJ
economy-573	74	9	sources	source	NOUN
economy-573	74	10	of	of	ADP
economy-573	74	11	fund	fund	NOUN
economy-573	74	12	from	from	ADP
economy-573	74	13	the	the	DET
economy-573	74	14	capital	capital	NOUN
economy-573	74	15	market	market	NOUN
economy-573	74	16	remain	remain	VERB
economy-573	74	17	a	a	DET
economy-573	74	18	critical	critical	ADJ
economy-573	74	19	element	element	NOUN
economy-573	74	20	in	in	ADP
economy-573	74	21	sustainable	sustainable	ADJ
economy-573	74	22	development	development	NOUN
economy-573	74	23	of	of	ADP
economy-573	74	24	the	the	DET
economy-573	74	25	economy	economy	NOUN
economy-573	74	26	.	.	PUNCT
economy-573	75	1	she	she	PRON
economy-573	75	2	further	far	ADV
economy-573	75	3	enumerated	enumerate	VERB
economy-573	75	4	the	the	DET
economy-573	75	5	advantage	advantage	NOUN
economy-573	75	6	of	of	ADP
economy-573	75	7	capital	capital	NOUN
economy-573	75	8	market	market	NOUN
economy-573	75	9	financing	financing	NOUN
economy-573	75	10	to	to	PART
economy-573	75	11	include	include	VERB
economy-573	75	12	:	:	PUNCT
economy-573	75	13	no	no	DET
economy-573	75	14	short	short	ADJ
economy-573	75	15	repayment	repayment	NOUN
economy-573	75	16	period	period	NOUN
economy-573	75	17	as	as	SCONJ
economy-573	75	18	funds	fund	NOUN
economy-573	75	19	are	be	AUX
economy-573	75	20	held	hold	VERB
economy-573	75	21	for	for	ADP
economy-573	75	22	medium	medium	ADJ
economy-573	75	23	and	and	CCONJ
economy-573	75	24	long	long	ADJ
economy-573	75	25	term	term	NOUN
economy-573	75	26	period	period	NOUN
economy-573	75	27	;	;	PUNCT
economy-573	75	28	funds	fund	NOUN
economy-573	75	29	to	to	ADP
economy-573	75	30	state	state	NOUN
economy-573	75	31	and	and	CCONJ
economy-573	75	32	local	local	ADJ
economy-573	75	33	government	government	NOUN
economy-573	75	34	are	be	AUX
economy-573	75	35	held	hold	VERB
economy-573	75	36	without	without	ADP
economy-573	75	37	pressures	pressure	NOUN
economy-573	75	38	and	and	CCONJ
economy-573	75	39	there	there	PRON
economy-573	75	40	is	be	VERB
economy-573	75	41	ample	ample	ADJ
economy-573	75	42	time	time	NOUN
economy-573	75	43	to	to	PART
economy-573	75	44	repay	repay	VERB
economy-573	75	45	loans	loan	NOUN
economy-573	75	46	.	.	PUNCT
economy-573	76	1	in	in	ADP
economy-573	76	2	the	the	DET
economy-573	76	3	reasoning	reasoning	NOUN
economy-573	76	4	of	of	ADP
economy-573	76	5	al	al	PROPN
economy-573	76	6	-	-	PUNCT
economy-573	76	7	faki	faki	PROPN
economy-573	76	8	(	(	PUNCT
economy-573	76	9	2006	2006	NUM
economy-573	76	10	)	)	PUNCT
economy-573	76	11	capital	capital	NOUN
economy-573	76	12	market	market	NOUN
economy-573	76	13	is	be	AUX
economy-573	76	14	a	a	DET
economy-573	76	15	network	network	NOUN
economy-573	76	16	of	of	ADP
economy-573	76	17	specialized	specialized	ADJ
economy-573	76	18	financial	financial	ADJ
economy-573	76	19	institutions	institution	NOUN
economy-573	76	20	,	,	PUNCT
economy-573	76	21	series	series	NOUN
economy-573	76	22	of	of	ADP
economy-573	76	23	mechanisms	mechanism	NOUN
economy-573	76	24	,	,	PUNCT
economy-573	76	25	processes	process	NOUN
economy-573	76	26	and	and	CCONJ
economy-573	76	27	infrastructure	infrastructure	NOUN
economy-573	76	28	that	that	PRON
economy-573	76	29	facilitates	facilitate	VERB
economy-573	76	30	the	the	DET
economy-573	76	31	bringing	bringing	NOUN
economy-573	76	32	together	together	ADV
economy-573	76	33	of	of	ADP
economy-573	76	34	suppliers	supplier	NOUN
economy-573	76	35	and	and	CCONJ
economy-573	76	36	users	user	NOUN
economy-573	76	37	of	of	ADP
economy-573	76	38	medium	medium	ADJ
economy-573	76	39	to	to	ADP
economy-573	76	40	long	long	ADJ
economy-573	76	41	term	term	NOUN
economy-573	76	42	capital	capital	NOUN
economy-573	76	43	for	for	ADP
economy-573	76	44	investment	investment	NOUN
economy-573	76	45	in	in	ADP
economy-573	76	46	socio	socio	NOUN
economy-573	76	47	-	-	PUNCT
economy-573	76	48	economic	economic	ADJ
economy-573	76	49	developmental	developmental	ADJ
economy-573	76	50	projects	project	NOUN
economy-573	76	51	.	.	PUNCT
economy-573	77	1	to	to	ADP
economy-573	77	2	sule	sule	PROPN
economy-573	77	3	and	and	CCONJ
economy-573	77	4	momoh	momoh	ADJ
economy-573	77	5	(	(	PUNCT
economy-573	77	6	2009	2009	NUM
economy-573	77	7	)	)	PUNCT
economy-573	77	8	the	the	DET
economy-573	77	9	capital	capital	NOUN
economy-573	77	10	market	market	NOUN
economy-573	77	11	has	have	VERB
economy-573	77	12	two	two	NUM
economy-573	77	13	faces	face	NOUN
economy-573	77	14	(	(	PUNCT
economy-573	77	15	the	the	DET
economy-573	77	16	primary	primary	ADJ
economy-573	77	17	and	and	CCONJ
economy-573	77	18	secondary	secondary	ADJ
economy-573	77	19	market	market	NOUN
economy-573	77	20	)	)	PUNCT
economy-573	77	21	;	;	PUNCT
economy-573	77	22	concerning	concern	VERB
economy-573	77	23	nigeria	nigeria	PRON
economy-573	77	24	,	,	PUNCT
economy-573	77	25	they	they	PRON
economy-573	77	26	maintained	maintain	VERB
economy-573	77	27	that	that	SCONJ
economy-573	77	28	activities	activity	NOUN
economy-573	77	29	of	of	ADP
economy-573	77	30	the	the	DET
economy-573	77	31	secondary	secondary	ADJ
economy-573	77	32	market	market	NOUN
economy-573	77	33	have	have	AUX
economy-573	77	34	impacted	impact	VERB
economy-573	77	35	more	more	ADV
economy-573	77	36	on	on	ADP
economy-573	77	37	per	per	ADP
economy-573	77	38	capital	capital	NOUN
economy-573	77	39	income	income	NOUN
economy-573	77	40	by	by	ADP
economy-573	77	41	assisting	assist	VERB
economy-573	77	42	to	to	PART
economy-573	77	43	grow	grow	VERB
economy-573	77	44	stock	stock	NOUN
economy-573	77	45	market	market	NOUN
economy-573	77	46	earnings	earning	NOUN
economy-573	77	47	through	through	ADP
economy-573	77	48	wealth	wealth	NOUN
economy-573	77	49	than	than	ADP
economy-573	77	50	the	the	DET
economy-573	77	51	primary	primary	ADJ
economy-573	77	52	market	market	NOUN
economy-573	77	53	.	.	PUNCT
economy-573	78	1	2.2	2.2	NUM
economy-573	78	2	.	.	PUNCT
economy-573	79	1	theoretical	theoretical	ADJ
economy-573	79	2	review	review	NOUN
economy-573	79	3	there	there	PRON
economy-573	79	4	are	be	VERB
economy-573	79	5	large	large	ADJ
economy-573	79	6	volume	volume	NOUN
economy-573	79	7	of	of	ADP
economy-573	79	8	theoretical	theoretical	ADJ
economy-573	79	9	literature	literature	NOUN
economy-573	79	10	which	which	PRON
economy-573	79	11	suggests	suggest	VERB
economy-573	79	12	that	that	SCONJ
economy-573	79	13	the	the	DET
economy-573	79	14	functioning	functioning	NOUN
economy-573	79	15	of	of	ADP
economy-573	79	16	stock	stock	NOUN
economy-573	79	17	markets	market	NOUN
economy-573	79	18	affects	affect	VERB
economy-573	79	19	liquidity	liquidity	NOUN
economy-573	79	20	,	,	PUNCT
economy-573	79	21	information	information	NOUN
economy-573	79	22	acquisition	acquisition	NOUN
economy-573	79	23	,	,	PUNCT
economy-573	79	24	risk	risk	NOUN
economy-573	79	25	diversification	diversification	NOUN
economy-573	79	26	,	,	PUNCT
economy-573	79	27	savings	saving	NOUN
economy-573	79	28	mobilization	mobilization	NOUN
economy-573	79	29	,	,	PUNCT
economy-573	79	30	corporate	corporate	ADJ
economy-573	79	31	control	control	NOUN
economy-573	79	32	and	and	CCONJ
economy-573	79	33	economic	economic	ADJ
economy-573	79	34	growth	growth	NOUN
economy-573	79	35	.	.	PUNCT
economy-573	80	1	there	there	PRON
economy-573	80	2	are	be	VERB
economy-573	80	3	also	also	ADV
economy-573	80	4	debates	debate	NOUN
economy-573	80	5	on	on	ADP
economy-573	80	6	whether	whether	SCONJ
economy-573	80	7	stock	stock	NOUN
economy-573	80	8	market	market	NOUN
economy-573	80	9	development	development	NOUN
economy-573	80	10	has	have	AUX
economy-573	80	11	positive	positive	ADJ
economy-573	80	12	or	or	CCONJ
economy-573	80	13	negative	negative	ADJ
economy-573	80	14	effect	effect	NOUN
economy-573	80	15	on	on	ADP
economy-573	80	16	economic	economic	ADJ
economy-573	80	17	growth	growth	NOUN
economy-573	80	18	.	.	PUNCT
economy-573	81	1	as	as	SCONJ
economy-573	81	2	revealed	reveal	VERB
economy-573	81	3	by	by	ADP
economy-573	81	4	demirgue	demirgue	ADJ
economy-573	81	5	-	-	PUNCT
economy-573	81	6	kunt	kunt	PROPN
economy-573	81	7	and	and	CCONJ
economy-573	81	8	levine	levine	PROPN
economy-573	81	9	(	(	PUNCT
economy-573	81	10	1996	1996	NUM
economy-573	81	11	)	)	PUNCT
economy-573	81	12	;	;	PUNCT
economy-573	81	13	bencivenga	bencivenga	PROPN
economy-573	81	14	et	et	PROPN
economy-573	81	15	al	al	PROPN
economy-573	81	16	.	.	PROPN
economy-573	81	17	(	(	PUNCT
economy-573	81	18	1996	1996	NUM
economy-573	81	19	)	)	PUNCT
economy-573	81	20	and	and	CCONJ
economy-573	81	21	levine	levine	PROPN
economy-573	81	22	and	and	CCONJ
economy-573	81	23	zervos	zervos	PROPN
economy-573	81	24	(	(	PUNCT
economy-573	81	25	1996	1996	NUM
economy-573	81	26	)	)	PUNCT
economy-573	81	27	stock	stock	NOUN
economy-573	81	28	markets	market	NOUN
economy-573	81	29	may	may	AUX
economy-573	81	30	affect	affect	VERB
economy-573	81	31	economic	economic	ADJ
economy-573	81	32	activity	activity	NOUN
economy-573	81	33	through	through	ADP
economy-573	81	34	the	the	DET
economy-573	81	35	creation	creation	NOUN
economy-573	81	36	of	of	ADP
economy-573	81	37	liquidity	liquidity	NOUN
economy-573	81	38	.	.	PUNCT
economy-573	82	1	a	a	DET
economy-573	82	2	number	number	NOUN
economy-573	82	3	of	of	ADP
economy-573	82	4	profitable	profitable	ADJ
economy-573	82	5	investments	investment	NOUN
economy-573	82	6	require	require	VERB
economy-573	82	7	long	long	ADJ
economy-573	82	8	term	term	NOUN
economy-573	82	9	capital	capital	NOUN
economy-573	82	10	,	,	PUNCT
economy-573	82	11	but	but	CCONJ
economy-573	82	12	investors	investor	NOUN
economy-573	82	13	are	be	AUX
economy-573	82	14	often	often	ADV
economy-573	82	15	reluctant	reluctant	ADJ
economy-573	82	16	to	to	PART
economy-573	82	17	relinquish	relinquish	VERB
economy-573	82	18	control	control	NOUN
economy-573	82	19	of	of	ADP
economy-573	82	20	their	their	PRON
economy-573	82	21	savings	saving	NOUN
economy-573	82	22	for	for	ADP
economy-573	82	23	long	long	ADJ
economy-573	82	24	period	period	NOUN
economy-573	82	25	.	.	PUNCT
economy-573	83	1	it	it	PRON
economy-573	83	2	is	be	AUX
economy-573	83	3	the	the	DET
economy-573	83	4	stock	stock	NOUN
economy-573	83	5	market	market	NOUN
economy-573	83	6	that	that	PRON
economy-573	83	7	make	make	VERB
economy-573	83	8	investment	investment	NOUN
economy-573	83	9	less	less	ADV
economy-573	83	10	risky	risky	ADJ
economy-573	83	11	and	and	CCONJ
economy-573	83	12	more	more	ADV
economy-573	83	13	attractive	attractive	ADJ
economy-573	83	14	as	as	SCONJ
economy-573	83	15	it	it	PRON
economy-573	83	16	allows	allow	VERB
economy-573	83	17	savers	saver	NOUN
economy-573	83	18	to	to	PART
economy-573	83	19	acquire	acquire	VERB
economy-573	83	20	equity	equity	NOUN
economy-573	83	21	which	which	PRON
economy-573	83	22	it	it	PRON
economy-573	83	23	can	can	AUX
economy-573	83	24	sell	sell	VERB
economy-573	83	25	quickly	quickly	ADV
economy-573	83	26	and	and	CCONJ
economy-573	83	27	cheaply	cheaply	ADV
economy-573	83	28	whenever	whenever	SCONJ
economy-573	83	29	they	they	PRON
economy-573	83	30	have	have	AUX
economy-573	83	31	need	nee	VERB
economy-573	83	32	to	to	PART
economy-573	83	33	access	access	VERB
economy-573	83	34	their	their	PRON
economy-573	83	35	savings	saving	NOUN
economy-573	83	36	.	.	PUNCT
economy-573	84	1	companies	company	NOUN
economy-573	84	2	at	at	ADP
economy-573	84	3	same	same	ADJ
economy-573	84	4	time	time	NOUN
economy-573	84	5	enjoy	enjoy	VERB
economy-573	84	6	permanent	permanent	ADJ
economy-573	84	7	access	access	NOUN
economy-573	84	8	to	to	PART
economy-573	84	9	raise	raise	VERB
economy-573	84	10	capital	capital	NOUN
economy-573	84	11	through	through	ADP
economy-573	84	12	equity	equity	NOUN
economy-573	84	13	issue	issue	NOUN
economy-573	84	14	.	.	PUNCT
economy-573	85	1	this	this	DET
economy-573	85	2	action	action	NOUN
economy-573	85	3	facilitates	facilitate	VERB
economy-573	85	4	more	more	ADV
economy-573	85	5	long	long	ADJ
economy-573	85	6	term	term	NOUN
economy-573	85	7	profitable	profitable	ADJ
economy-573	85	8	investment	investment	NOUN
economy-573	85	9	,	,	PUNCT
economy-573	85	10	improves	improve	VERB
economy-573	85	11	capital	capital	NOUN
economy-573	85	12	allocation	allocation	NOUN
economy-573	85	13	and	and	CCONJ
economy-573	85	14	enhanced	enhance	VERB
economy-573	85	15	prospect	prospect	NOUN
economy-573	85	16	for	for	ADP
economy-573	85	17	long	long	ADJ
economy-573	85	18	term	term	NOUN
economy-573	85	19	economic	economic	ADJ
economy-573	85	20	growth	growth	NOUN
economy-573	85	21	.	.	PUNCT
economy-573	86	1	there	there	PRON
economy-573	86	2	are	be	VERB
economy-573	86	3	other	other	ADJ
economy-573	86	4	alternative	alternative	ADJ
economy-573	86	5	views	view	NOUN
economy-573	86	6	about	about	ADP
economy-573	86	7	the	the	DET
economy-573	86	8	effect	effect	NOUN
economy-573	86	9	of	of	ADP
economy-573	86	10	liquidity	liquidity	NOUN
economy-573	86	11	on	on	ADP
economy-573	86	12	long	long	ADJ
economy-573	86	13	term	term	NOUN
economy-573	86	14	economic	economic	ADJ
economy-573	86	15	growth	growth	NOUN
economy-573	86	16	.	.	PUNCT
economy-573	87	1	three	three	NUM
economy-573	87	2	channels	channel	NOUN
economy-573	87	3	are	be	AUX
economy-573	87	4	identified	identify	VERB
economy-573	87	5	through	through	ADP
economy-573	87	6	which	which	DET
economy-573	87	7	increase	increase	NOUN
economy-573	87	8	in	in	ADP
economy-573	87	9	liquidity	liquidity	NOUN
economy-573	87	10	can	can	AUX
economy-573	87	11	affect	affect	VERB
economy-573	87	12	economic	economic	ADJ
economy-573	87	13	growth	growth	NOUN
economy-573	87	14	.	.	PUNCT
economy-573	88	1	first	first	ADV
economy-573	88	2	,	,	PUNCT
economy-573	88	3	it	it	PRON
economy-573	88	4	is	be	AUX
economy-573	88	5	reported	report	VERB
economy-573	88	6	that	that	SCONJ
economy-573	88	7	by	by	ADP
economy-573	88	8	increasing	increase	VERB
economy-573	88	9	return	return	NOUN
economy-573	88	10	-	-	PUNCT
economy-573	88	11	to	to	ADP
economy-573	88	12	investment	investment	NOUN
economy-573	88	13	,	,	PUNCT
economy-573	88	14	greater	great	ADJ
economy-573	88	15	stock	stock	NOUN
economy-573	88	16	market	market	NOUN
economy-573	88	17	liquidity	liquidity	NOUN
economy-573	88	18	might	might	AUX
economy-573	88	19	reduce	reduce	VERB
economy-573	88	20	saving	save	VERB
economy-573	88	21	rates	rate	NOUN
economy-573	88	22	through	through	ADP
economy-573	88	23	income	income	NOUN
economy-573	88	24	and	and	CCONJ
economy-573	88	25	substitution	substitution	NOUN
economy-573	88	26	effects	effect	NOUN
economy-573	88	27	.	.	PUNCT
economy-573	89	1	secondly	secondly	ADV
economy-573	89	2	,	,	PUNCT
economy-573	89	3	that	that	SCONJ
economy-573	89	4	stock	stock	NOUN
economy-573	89	5	market	market	NOUN
economy-573	89	6	liquidity	liquidity	NOUN
economy-573	89	7	might	might	AUX
economy-573	89	8	adversely	adversely	ADV
economy-573	89	9	affect	affect	VERB
economy-573	89	10	corporate	corporate	ADJ
economy-573	89	11	governance	governance	NOUN
economy-573	89	12	.	.	PUNCT
economy-573	90	1	this	this	PRON
economy-573	90	2	is	be	AUX
economy-573	90	3	because	because	SCONJ
economy-573	90	4	liquid	liquid	ADJ
economy-573	90	5	stock	stock	NOUN
economy-573	90	6	market	market	NOUN
economy-573	90	7	makes	make	VERB
economy-573	90	8	it	it	PRON
economy-573	90	9	easy	easy	ADJ
economy-573	90	10	for	for	SCONJ
economy-573	90	11	dissatisfied	dissatisfied	ADJ
economy-573	90	12	investors	investor	NOUN
economy-573	90	13	to	to	PART
economy-573	90	14	sell	sell	VERB
economy-573	90	15	-	-	PUNCT
economy-573	90	16	off	off	ADP
economy-573	90	17	investments	investment	NOUN
economy-573	90	18	.	.	PUNCT
economy-573	91	1	this	this	DET
economy-573	91	2	action	action	NOUN
economy-573	91	3	invariably	invariably	ADV
economy-573	91	4	weakens	weaken	VERB
economy-573	91	5	investor	investor	NOUN
economy-573	91	6	commitment	commitment	NOUN
economy-573	91	7	and	and	CCONJ
economy-573	91	8	incentives	incentive	NOUN
economy-573	91	9	to	to	PART
economy-573	91	10	exert	exert	VERB
economy-573	91	11	corporate	corporate	ADJ
economy-573	91	12	control	control	NOUN
economy-573	91	13	by	by	ADP
economy-573	91	14	overseeing	oversee	VERB
economy-573	91	15	managers	manager	NOUN
economy-573	91	16	and	and	CCONJ
economy-573	91	17	indirectly	indirectly	ADV
economy-573	91	18	hurts	hurt	VERB
economy-573	91	19	economic	economic	ADJ
economy-573	91	20	growth	growth	NOUN
economy-573	91	21	(	(	PUNCT
economy-573	91	22	demirgue	demirgue	ADJ
economy-573	91	23	-	-	PUNCT
economy-573	91	24	kunt	kunt	PROPN
economy-573	91	25	and	and	CCONJ
economy-573	91	26	levine	levine	PROPN
economy-573	91	27	,	,	PUNCT
economy-573	91	28	1996	1996	NUM
economy-573	91	29	)	)	PUNCT
economy-573	91	30	.	.	PUNCT
economy-573	92	1	thirdly	thirdly	ADV
economy-573	92	2	greater	great	ADJ
economy-573	92	3	stock	stock	NOUN
economy-573	92	4	market	market	NOUN
economy-573	92	5	liquidity	liquidity	NOUN
economy-573	92	6	reduces	reduce	VERB
economy-573	92	7	uncertainty	uncertainty	NOUN
economy-573	92	8	associated	associate	VERB
economy-573	92	9	with	with	ADP
economy-573	92	10	investment	investment	NOUN
economy-573	92	11	and	and	CCONJ
economy-573	92	12	savings	saving	NOUN
economy-573	92	13	.	.	PUNCT
economy-573	93	1	and	and	CCONJ
economy-573	93	2	less	less	ADJ
economy-573	93	3	uncertainty	uncertainty	NOUN
economy-573	93	4	makes	make	VERB
economy-573	93	5	an	an	DET
economy-573	93	6	investment	investment	NOUN
economy-573	93	7	more	more	ADV
economy-573	93	8	attractive	attractive	ADJ
economy-573	93	9	to	to	PART
economy-573	93	10	risk	risk	VERB
economy-573	93	11	averse	averse	ADJ
economy-573	93	12	agents	agent	NOUN
economy-573	93	13	.	.	PUNCT
economy-573	94	1	the	the	DET
economy-573	94	2	stock	stock	NOUN
economy-573	94	3	market	market	NOUN
economy-573	94	4	also	also	ADV
economy-573	94	5	affects	affect	VERB
economy-573	94	6	the	the	DET
economy-573	94	7	incentives	incentive	NOUN
economy-573	94	8	for	for	ADP
economy-573	94	9	acquisition	acquisition	NOUN
economy-573	94	10	of	of	ADP
economy-573	94	11	information	information	NOUN
economy-573	94	12	about	about	ADP
economy-573	94	13	a	a	DET
economy-573	94	14	firm	firm	NOUN
economy-573	94	15	by	by	ADP
economy-573	94	16	investors	investor	NOUN
economy-573	94	17	(	(	PUNCT
economy-573	94	18	holmstrom	holmstrom	NOUN
economy-573	94	19	and	and	CCONJ
economy-573	94	20	tirole	tirole	PROPN
economy-573	94	21	,	,	PUNCT
economy-573	94	22	1993	1993	NUM
economy-573	94	23	;	;	PUNCT
economy-573	94	24	levine	levine	PROPN
economy-573	94	25	and	and	CCONJ
economy-573	94	26	zervos	zervos	PROPN
economy-573	94	27	,	,	PUNCT
economy-573	94	28	1996	1996	NUM
economy-573	94	29	)	)	PUNCT
economy-573	94	30	.	.	PUNCT
economy-573	95	1	in	in	ADP
economy-573	95	2	a	a	DET
economy-573	95	3	larger	large	ADJ
economy-573	95	4	and	and	CCONJ
economy-573	95	5	liquid	liquid	ADJ
economy-573	95	6	stock	stock	NOUN
economy-573	95	7	market	market	NOUN
economy-573	95	8	investors	investor	NOUN
economy-573	95	9	got	get	VERB
economy-573	95	10	information	information	NOUN
economy-573	95	11	easier	easy	ADJ
economy-573	95	12	to	to	PART
economy-573	95	13	trade	trade	VERB
economy-573	95	14	at	at	ADP
economy-573	95	15	posted	post	VERB
economy-573	95	16	prices	price	NOUN
economy-573	95	17	.	.	PUNCT
economy-573	96	1	this	this	PRON
economy-573	96	2	enables	enable	VERB
economy-573	96	3	an	an	DET
economy-573	96	4	investor	investor	NOUN
economy-573	96	5	to	to	PART
economy-573	96	6	make	make	VERB
economy-573	96	7	money	money	NOUN
economy-573	96	8	before	before	SCONJ
economy-573	96	9	the	the	DET
economy-573	96	10	information	information	NOUN
economy-573	96	11	become	become	VERB
economy-573	96	12	widely	widely	ADV
economy-573	96	13	available	available	ADJ
economy-573	96	14	and	and	CCONJ
economy-573	96	15	price	price	NOUN
economy-573	96	16	changes	change	NOUN
economy-573	96	17	.	.	PUNCT
economy-573	97	1	the	the	DET
economy-573	97	2	ability	ability	NOUN
economy-573	97	3	to	to	PART
economy-573	97	4	profit	profit	VERB
economy-573	97	5	from	from	ADP
economy-573	97	6	information	information	NOUN
economy-573	97	7	stimulates	stimulate	VERB
economy-573	97	8	investors	investor	NOUN
economy-573	97	9	to	to	PART
economy-573	97	10	research	research	VERB
economy-573	97	11	and	and	CCONJ
economy-573	97	12	monitor	monitor	VERB
economy-573	97	13	firms	firm	NOUN
economy-573	97	14	.	.	PUNCT
economy-573	98	1	the	the	DET
economy-573	98	2	end	end	NOUN
economy-573	98	3	result	result	NOUN
economy-573	98	4	of	of	ADP
economy-573	98	5	this	this	PRON
economy-573	98	6	is	be	AUX
economy-573	98	7	improved	improve	VERB
economy-573	98	8	resources	resource	NOUN
economy-573	98	9	allocation	allocation	NOUN
economy-573	98	10	that	that	PRON
economy-573	98	11	spurs	spur	VERB
economy-573	98	12	economic	economic	ADJ
economy-573	98	13	growth	growth	NOUN
economy-573	98	14	.	.	PUNCT
economy-573	99	1	the	the	DET
economy-573	99	2	stock	stock	NOUN
economy-573	99	3	market	market	NOUN
economy-573	99	4	development	development	NOUN
economy-573	99	5	may	may	AUX
economy-573	99	6	also	also	ADV
economy-573	99	7	influence	influence	VERB
economy-573	99	8	saving	saving	NOUN
economy-573	99	9	mobilization	mobilization	NOUN
economy-573	99	10	that	that	PRON
economy-573	99	11	set	set	VERB
economy-573	99	12	feasible	feasible	ADJ
economy-573	99	13	investment	investment	NOUN
economy-573	99	14	projects	project	NOUN
economy-573	99	15	:	:	PUNCT
economy-573	99	16	projects	project	NOUN
economy-573	99	17	that	that	PRON
economy-573	99	18	require	require	VERB
economy-573	99	19	large	large	ADJ
economy-573	99	20	capital	capital	NOUN
economy-573	99	21	injection	injection	NOUN
economy-573	99	22	are	be	AUX
economy-573	99	23	made	make	VERB
economy-573	99	24	ease	ease	ADJ
economy-573	99	25	through	through	ADP
economy-573	99	26	resources	resource	NOUN
economy-573	99	27	mobilization	mobilization	NOUN
economy-573	99	28	in	in	ADP
economy-573	99	29	the	the	DET
economy-573	99	30	stock	stock	NOUN
economy-573	99	31	market	market	NOUN
economy-573	99	32	with	with	ADP
economy-573	99	33	concomitant	concomitant	ADJ
economy-573	99	34	economic	economic	ADJ
economy-573	99	35	efficiency	efficiency	NOUN
economy-573	99	36	and	and	CCONJ
economy-573	99	37	accelerated	accelerate	VERB
economy-573	99	38	long	long	ADJ
economy-573	99	39	run	run	ADJ
economy-573	99	40	economic	economic	ADJ
economy-573	99	41	growth	growth	NOUN
economy-573	99	42	.	.	PUNCT
economy-573	100	1	stock	stock	NOUN
economy-573	100	2	market	market	NOUN
economy-573	100	3	also	also	ADV
economy-573	100	4	may	may	AUX
economy-573	100	5	impact	impact	VERB
economy-573	100	6	on	on	ADP
economy-573	100	7	economic	economic	ADJ
economy-573	100	8	growth	growth	NOUN
economy-573	100	9	through	through	ADP
economy-573	100	10	changes	change	NOUN
economy-573	100	11	in	in	ADP
economy-573	100	12	incentives	incentive	NOUN
economy-573	100	13	for	for	ADP
economy-573	100	14	corporate	corporate	ADJ
economy-573	100	15	control	control	NOUN
economy-573	100	16	.	.	PUNCT
economy-573	101	1	efficient	efficient	ADJ
economy-573	101	2	stock	stock	NOUN
economy-573	101	3	market	market	NOUN
economy-573	101	4	makes	make	VERB
economy-573	101	5	it	it	PRON
economy-573	101	6	easier	easy	ADJ
economy-573	101	7	to	to	PART
economy-573	101	8	tie	tie	VERB
economy-573	101	9	manager	manager	NOUN
economy-573	101	10	compensation	compensation	NOUN
economy-573	101	11	to	to	ADP
economy-573	101	12	stock	stock	NOUN
economy-573	101	13	performance	performance	NOUN
economy-573	101	14	(	(	PUNCT
economy-573	101	15	jensen	jensen	PROPN
economy-573	101	16	and	and	CCONJ
economy-573	101	17	stiglitz	stiglitz	PROPN
economy-573	101	18	,	,	PUNCT
economy-573	101	19	1990	1990	NUM
economy-573	101	20	)	)	PUNCT
economy-573	101	21	.	.	PUNCT
economy-573	102	1	it	it	PRON
economy-573	102	2	helps	help	VERB
economy-573	102	3	to	to	PART
economy-573	102	4	align	align	VERB
economy-573	102	5	the	the	DET
economy-573	102	6	interests	interest	NOUN
economy-573	102	7	of	of	ADP
economy-573	102	8	managers	manager	NOUN
economy-573	102	9	and	and	CCONJ
economy-573	102	10	owners	owner	NOUN
economy-573	102	11	.	.	PUNCT
economy-573	103	1	this	this	PRON
economy-573	103	2	induces	induce	VERB
economy-573	103	3	managers	manager	NOUN
economy-573	103	4	to	to	PART
economy-573	103	5	maximize	maximize	VERB
economy-573	103	6	a	a	DET
economy-573	103	7	firm‟s	firm‟s	NOUN
economy-573	103	8	equity	equity	NOUN
economy-573	103	9	price	price	NOUN
economy-573	103	10	(	(	PUNCT
economy-573	103	11	scharfstein	scharfstein	PROPN
economy-573	103	12	,	,	PUNCT
economy-573	103	13	1988	1988	NUM
economy-573	103	14	)	)	PUNCT
economy-573	103	15	.	.	PUNCT
economy-573	104	1	a	a	DET
economy-573	104	2	well	well	ADV
economy-573	104	3	-	-	PUNCT
economy-573	104	4	functioning	function	VERB
economy-573	104	5	stock	stock	NOUN
economy-573	104	6	market	market	NOUN
economy-573	104	7	promotes	promote	VERB
economy-573	104	8	efficient	efficient	ADJ
economy-573	104	9	resource	resource	NOUN
economy-573	104	10	allocation	allocation	NOUN
economy-573	104	11	and	and	CCONJ
economy-573	104	12	economic	economic	ADJ
economy-573	104	13	growth	growth	NOUN
economy-573	104	14	by	by	ADP
economy-573	104	15	providing	provide	VERB
economy-573	104	16	a	a	DET
economy-573	104	17	boost	boost	NOUN
economy-573	104	18	to	to	ADP
economy-573	104	19	domestic	domestic	ADJ
economy-573	104	20	savings	saving	NOUN
economy-573	104	21	and	and	CCONJ
economy-573	104	22	increasing	increase	VERB
economy-573	104	23	the	the	DET
economy-573	104	24	quantity	quantity	NOUN
economy-573	104	25	and	and	CCONJ
economy-573	104	26	quality	quality	NOUN
economy-573	104	27	of	of	ADP
economy-573	104	28	investment	investment	NOUN
economy-573	104	29	.	.	PUNCT
economy-573	105	1	stock	stock	NOUN
economy-573	105	2	market	market	NOUN
economy-573	105	3	can	can	AUX
economy-573	105	4	encourage	encourage	VERB
economy-573	105	5	economic	economic	ADJ
economy-573	105	6	growth	growth	NOUN
economy-573	105	7	by	by	ADP
economy-573	105	8	providing	provide	VERB
economy-573	105	9	the	the	DET
economy-573	105	10	avenue	avenue	NOUN
economy-573	105	11	for	for	SCONJ
economy-573	105	12	companies	company	NOUN
economy-573	105	13	to	to	PART
economy-573	105	14	raise	raise	VERB
economy-573	105	15	capital	capital	NOUN
economy-573	105	16	at	at	ADP
economy-573	105	17	lower	low	ADJ
economy-573	105	18	cost	cost	NOUN
economy-573	105	19	.	.	PUNCT
economy-573	106	1	companies	company	NOUN
economy-573	106	2	in	in	ADP
economy-573	106	3	developed	develop	VERB
economy-573	106	4	stock	stock	NOUN
economy-573	106	5	market	market	NOUN
economy-573	106	6	are	be	AUX
economy-573	106	7	less	less	ADV
economy-573	106	8	dependent	dependent	ADJ
economy-573	106	9	on	on	ADP
economy-573	106	10	bank	bank	NOUN
economy-573	106	11	financing	financing	NOUN
economy-573	106	12	which	which	PRON
economy-573	106	13	can	can	AUX
economy-573	106	14	reduce	reduce	VERB
economy-573	106	15	the	the	DET
economy-573	106	16	risk	risk	NOUN
economy-573	106	17	of	of	ADP
economy-573	106	18	a	a	DET
economy-573	106	19	credit	credit	NOUN
economy-573	106	20	crunch	crunch	NOUN
economy-573	106	21	.	.	PUNCT
economy-573	107	1	critics	critic	NOUN
economy-573	107	2	of	of	ADP
economy-573	107	3	the	the	DET
economy-573	107	4	stock	stock	NOUN
economy-573	107	5	market	market	NOUN
economy-573	107	6	have	have	AUX
economy-573	107	7	equally	equally	ADV
economy-573	107	8	argued	argue	VERB
economy-573	107	9	that	that	SCONJ
economy-573	107	10	operation	operation	NOUN
economy-573	107	11	of	of	ADP
economy-573	107	12	the	the	DET
economy-573	107	13	pricing	pricing	NOUN
economy-573	107	14	and	and	CCONJ
economy-573	107	15	take	take	VERB
economy-573	107	16	over	over	ADP
economy-573	107	17	mechanism	mechanism	NOUN
economy-573	107	18	in	in	ADP
economy-573	107	19	stock	stock	NOUN
economy-573	107	20	markets	market	NOUN
economy-573	107	21	lead	lead	VERB
economy-573	107	22	to	to	ADP
economy-573	107	23	short	short	ADJ
economy-573	107	24	termism	termism	NOUN
economy-573	107	25	and	and	CCONJ
economy-573	107	26	lower	low	ADJ
economy-573	107	27	rates	rate	NOUN
economy-573	107	28	of	of	ADP
economy-573	107	29	long	long	ADJ
economy-573	107	30	term	term	NOUN
economy-573	107	31	investment	investment	NOUN
economy-573	107	32	particularly	particularly	ADV
economy-573	107	33	in	in	ADP
economy-573	107	34	firm	firm	ADJ
economy-573	107	35	specific	specific	ADJ
economy-573	107	36	human	human	ADJ
economy-573	107	37	capital	capital	NOUN
economy-573	107	38	.	.	PUNCT
economy-573	108	1	it	it	PRON
economy-573	108	2	also	also	ADV
economy-573	108	3	generates	generate	VERB
economy-573	108	4	perverse	perverse	ADJ
economy-573	108	5	incentive	incentive	NOUN
economy-573	108	6	,	,	PUNCT
economy-573	108	7	rewarding	rewarding	ADJ
economy-573	108	8	managers	manager	NOUN
economy-573	108	9	for	for	ADP
economy-573	108	10	their	their	PRON
economy-573	108	11	success	success	NOUN
economy-573	108	12	in	in	ADP
economy-573	108	13	financial	financial	ADJ
economy-573	108	14	engineering	engineering	NOUN
economy-573	108	15	rather	rather	ADV
economy-573	108	16	than	than	ADP
economy-573	108	17	creating	create	VERB
economy-573	108	18	new	new	ADJ
economy-573	108	19	wealth	wealth	NOUN
economy-573	108	20	through	through	ADP
economy-573	108	21	organic	organic	ADJ
economy-573	108	22	growth	growth	NOUN
economy-573	108	23	(	(	PUNCT
economy-573	108	24	singh	singh	NOUN
economy-573	108	25	,	,	PUNCT
economy-573	108	26	1997	1997	NUM
economy-573	108	27	)	)	PUNCT
economy-573	108	28	.	.	PUNCT
economy-573	109	1	further	further	ADJ
economy-573	109	2	criticism	criticism	NOUN
economy-573	109	3	was	be	AUX
economy-573	109	4	that	that	SCONJ
economy-573	109	5	stock	stock	NOUN
economy-573	109	6	market	market	NOUN
economy-573	109	7	liquidity	liquidity	NOUN
economy-573	109	8	may	may	AUX
economy-573	109	9	negatively	negatively	ADV
economy-573	109	10	influence	influence	VERB
economy-573	109	11	corporate	corporate	ADJ
economy-573	109	12	governance	governance	NOUN
economy-573	109	13	because	because	SCONJ
economy-573	109	14	very	very	ADV
economy-573	109	15	liquid	liquid	ADJ
economy-573	109	16	stock	stock	NOUN
economy-573	109	17	market	market	NOUN
economy-573	109	18	may	may	AUX
economy-573	109	19	encourage	encourage	VERB
economy-573	109	20	investor	investor	NOUN
economy-573	109	21	myopia	myopia	NOUN
economy-573	109	22	.	.	PUNCT
economy-573	110	1	this	this	PRON
economy-573	110	2	may	may	AUX
economy-573	110	3	prompt	prompt	VERB
economy-573	110	4	investors	investor	NOUN
economy-573	110	5	to	to	PART
economy-573	110	6	sell	sell	VERB
economy-573	110	7	their	their	PRON
economy-573	110	8	shares	share	NOUN
economy-573	110	9	,	,	PUNCT
economy-573	110	10	weakening	weaken	VERB
economy-573	110	11	investors‟	investors‟	NUM
economy-573	110	12	commitment	commitment	NOUN
economy-573	110	13	and	and	CCONJ
economy-573	110	14	incentive	incentive	NOUN
economy-573	110	15	to	to	PART
economy-573	110	16	exert	exert	VERB
economy-573	110	17	corporate	corporate	ADJ
economy-573	110	18	control	control	NOUN
economy-573	110	19	(	(	PUNCT
economy-573	110	20	bhide	bhide	ADJ
economy-573	110	21	,	,	PUNCT
economy-573	110	22	1993	1993	NUM
economy-573	110	23	)	)	PUNCT
economy-573	110	24	.	.	PUNCT
economy-573	111	1	it	it	PRON
economy-573	111	2	is	be	AUX
economy-573	111	3	argued	argue	VERB
economy-573	111	4	that	that	SCONJ
economy-573	111	5	these	these	DET
economy-573	111	6	problems	problem	NOUN
economy-573	111	7	are	be	AUX
economy-573	111	8	further	far	ADV
economy-573	111	9	magnified	magnify	VERB
economy-573	111	10	in	in	ADP
economy-573	111	11	emerging	emerge	VERB
economy-573	111	12	market	market	NOUN
economy-573	111	13	countries	country	NOUN
economy-573	111	14	with	with	ADP
economy-573	111	15	weaker	weak	ADJ
economy-573	111	16	regulatory	regulatory	ADJ
economy-573	111	17	economy	economy	NOUN
economy-573	111	18	,	,	PUNCT
economy-573	111	19	2016	2016	NUM
economy-573	111	20	,	,	PUNCT
economy-573	111	21	3(1	3(1	NUM
economy-573	111	22	):	):	PUNCT
economy-573	111	23	31	31	NUM
economy-573	111	24	-	-	SYM
economy-573	111	25	39	39	NUM
economy-573	111	26	34	34	NUM
economy-573	111	27	institutions	institution	NOUN
economy-573	111	28	and	and	CCONJ
economy-573	111	29	greater	great	ADJ
economy-573	111	30	macroeconomic	macroeconomic	ADJ
economy-573	111	31	volatility	volatility	NOUN
economy-573	111	32	.	.	PUNCT
economy-573	112	1	these	these	DET
economy-573	112	2	serious	serious	ADJ
economy-573	112	3	limitations	limitation	NOUN
economy-573	112	4	of	of	ADP
economy-573	112	5	the	the	DET
economy-573	112	6	stock	stock	NOUN
economy-573	112	7	market	market	NOUN
economy-573	112	8	have	have	AUX
economy-573	112	9	led	lead	VERB
economy-573	112	10	many	many	ADJ
economy-573	112	11	analysts	analyst	NOUN
economy-573	112	12	to	to	PART
economy-573	112	13	question	question	VERB
economy-573	112	14	the	the	DET
economy-573	112	15	importance	importance	NOUN
economy-573	112	16	of	of	ADP
economy-573	112	17	the	the	DET
economy-573	112	18	system	system	NOUN
economy-573	112	19	in	in	ADP
economy-573	112	20	promoting	promote	VERB
economy-573	112	21	economic	economic	ADJ
economy-573	112	22	growth	growth	NOUN
economy-573	112	23	in	in	ADP
economy-573	112	24	emerging	emerge	VERB
economy-573	112	25	markets	market	NOUN
economy-573	112	26	(	(	PUNCT
economy-573	112	27	audu	audu	ADJ
economy-573	112	28	,	,	PUNCT
economy-573	112	29	2015	2015	NUM
economy-573	112	30	)	)	PUNCT
economy-573	112	31	.	.	PUNCT
economy-573	113	1	there	there	PRON
economy-573	113	2	is	be	VERB
economy-573	113	3	further	further	ADJ
economy-573	113	4	argument	argument	NOUN
economy-573	113	5	among	among	ADP
economy-573	113	6	researchers	researcher	NOUN
economy-573	113	7	and	and	CCONJ
economy-573	113	8	economists	economist	NOUN
economy-573	113	9	as	as	ADP
economy-573	113	10	to	to	ADP
economy-573	113	11	the	the	DET
economy-573	113	12	relevance	relevance	NOUN
economy-573	113	13	of	of	ADP
economy-573	113	14	the	the	DET
economy-573	113	15	financial	financial	ADJ
economy-573	113	16	system	system	NOUN
economy-573	113	17	in	in	ADP
economy-573	113	18	economic	economic	ADJ
economy-573	113	19	growth	growth	NOUN
economy-573	113	20	and	and	CCONJ
economy-573	113	21	development	development	NOUN
economy-573	113	22	.	.	PUNCT
economy-573	114	1	many	many	ADJ
economy-573	114	2	believe	believe	VERB
economy-573	114	3	that	that	SCONJ
economy-573	114	4	finance	finance	NOUN
economy-573	114	5	plays	play	VERB
economy-573	114	6	an	an	DET
economy-573	114	7	inconsequential	inconsequential	ADJ
economy-573	114	8	role	role	NOUN
economy-573	114	9	in	in	ADP
economy-573	114	10	economic	economic	ADJ
economy-573	114	11	growth	growth	NOUN
economy-573	114	12	and	and	CCONJ
economy-573	114	13	development	development	NOUN
economy-573	114	14	of	of	ADP
economy-573	114	15	nations	nations	PROPN
economy-573	114	16	lucas	lucas	PROPN
economy-573	114	17	(	(	PUNCT
economy-573	114	18	1988	1988	NUM
economy-573	114	19	)	)	PUNCT
economy-573	114	20	and	and	CCONJ
economy-573	114	21	stern	stern	ADJ
economy-573	114	22	(	(	PUNCT
economy-573	114	23	1989	1989	NUM
economy-573	114	24	)	)	PUNCT
economy-573	114	25	.	.	PUNCT
economy-573	115	1	however	however	ADV
economy-573	115	2	,	,	PUNCT
economy-573	115	3	an	an	DET
economy-573	115	4	opposing	opposing	ADJ
economy-573	115	5	view	view	NOUN
economy-573	115	6	among	among	ADP
economy-573	115	7	researchers	researcher	NOUN
economy-573	115	8	and	and	CCONJ
economy-573	115	9	economists	economist	NOUN
economy-573	115	10	held	hold	VERB
economy-573	115	11	that	that	SCONJ
economy-573	115	12	financial	financial	ADJ
economy-573	115	13	system	system	NOUN
economy-573	115	14	of	of	ADP
economy-573	115	15	a	a	DET
economy-573	115	16	country	country	NOUN
economy-573	115	17	plays	play	VERB
economy-573	115	18	an	an	DET
economy-573	115	19	important	important	ADJ
economy-573	115	20	role	role	NOUN
economy-573	115	21	in	in	ADP
economy-573	115	22	economic	economic	ADJ
economy-573	115	23	growth	growth	NOUN
economy-573	115	24	(	(	PUNCT
economy-573	115	25	ojo	ojo	NOUN
economy-573	115	26	,	,	PUNCT
economy-573	115	27	1984	1984	NUM
economy-573	115	28	)	)	PUNCT
economy-573	115	29	.	.	PUNCT
economy-573	116	1	it	it	PRON
economy-573	116	2	is	be	AUX
economy-573	116	3	also	also	ADV
economy-573	116	4	theorized	theorize	VERB
economy-573	116	5	that	that	SCONJ
economy-573	116	6	capital	capital	NOUN
economy-573	116	7	market	market	NOUN
economy-573	116	8	development	development	NOUN
economy-573	116	9	may	may	AUX
economy-573	116	10	influence	influence	VERB
economy-573	116	11	economic	economic	ADJ
economy-573	116	12	growth	growth	NOUN
economy-573	116	13	through	through	ADP
economy-573	116	14	risk	risk	NOUN
economy-573	116	15	diversification	diversification	NOUN
economy-573	116	16	(	(	PUNCT
economy-573	116	17	devereaux	devereaux	PROPN
economy-573	116	18	and	and	CCONJ
economy-573	116	19	smith	smith	PROPN
economy-573	116	20	,	,	PUNCT
economy-573	116	21	1994	1994	NUM
economy-573	116	22	)	)	PUNCT
economy-573	116	23	.	.	PUNCT
economy-573	117	1	risk	risk	NOUN
economy-573	117	2	diversification	diversification	NOUN
economy-573	117	3	is	be	AUX
economy-573	117	4	discovered	discover	VERB
economy-573	117	5	to	to	PART
economy-573	117	6	influence	influence	VERB
economy-573	117	7	growth	growth	NOUN
economy-573	117	8	through	through	ADP
economy-573	117	9	the	the	DET
economy-573	117	10	shifting	shifting	NOUN
economy-573	117	11	of	of	ADP
economy-573	117	12	investments	investment	NOUN
economy-573	117	13	into	into	ADP
economy-573	117	14	high	high	ADJ
economy-573	117	15	return	return	NOUN
economy-573	117	16	projects	project	NOUN
economy-573	117	17	.	.	PUNCT
economy-573	118	1	and	and	CCONJ
economy-573	118	2	projects	project	NOUN
economy-573	118	3	with	with	ADP
economy-573	118	4	high	high	ADJ
economy-573	118	5	expected	expect	VERB
economy-573	118	6	return	return	NOUN
economy-573	118	7	tend	tend	VERB
economy-573	118	8	to	to	PART
economy-573	118	9	be	be	AUX
economy-573	118	10	comparatively	comparatively	ADV
economy-573	118	11	riskier	risky	ADJ
economy-573	118	12	.	.	PUNCT
economy-573	119	1	thus	thus	ADV
economy-573	119	2	better	well	ADJ
economy-573	119	3	risk	risk	NOUN
economy-573	119	4	diversification	diversification	NOUN
economy-573	119	5	through	through	ADP
economy-573	119	6	internationally	internationally	ADV
economy-573	119	7	integrated	integrate	VERB
economy-573	119	8	stock	stock	NOUN
economy-573	119	9	markets	market	NOUN
economy-573	119	10	fosters	foster	VERB
economy-573	119	11	investment	investment	NOUN
economy-573	119	12	in	in	ADP
economy-573	119	13	projects	project	NOUN
economy-573	119	14	with	with	ADP
economy-573	119	15	very	very	ADV
economy-573	119	16	high	high	ADJ
economy-573	119	17	returns	return	NOUN
economy-573	119	18	;	;	PUNCT
economy-573	119	19	this	this	PRON
economy-573	119	20	invariably	invariably	ADV
economy-573	119	21	influences	influence	VERB
economy-573	119	22	growth	growth	NOUN
economy-573	119	23	positively	positively	ADV
economy-573	119	24	.	.	PUNCT
economy-573	120	1	2.3	2.3	NUM
economy-573	120	2	.	.	PUNCT
economy-573	121	1	empirical	empirical	ADJ
economy-573	121	2	review	review	NOUN
economy-573	121	3	there	there	PRON
economy-573	121	4	are	be	VERB
economy-573	121	5	volumes	volume	NOUN
economy-573	121	6	of	of	ADP
economy-573	121	7	empirical	empirical	ADJ
economy-573	121	8	literatures	literature	NOUN
economy-573	121	9	on	on	ADP
economy-573	121	10	how	how	SCONJ
economy-573	121	11	the	the	DET
economy-573	121	12	functioning	functioning	NOUN
economy-573	121	13	of	of	ADP
economy-573	121	14	stock	stock	NOUN
economy-573	121	15	market	market	NOUN
economy-573	121	16	affects	affect	VERB
economy-573	121	17	liquidity	liquidity	NOUN
economy-573	121	18	,	,	PUNCT
economy-573	121	19	acquisition	acquisition	NOUN
economy-573	121	20	of	of	ADP
economy-573	121	21	information	information	NOUN
economy-573	121	22	about	about	ADP
economy-573	121	23	a	a	DET
economy-573	121	24	firm	firm	NOUN
economy-573	121	25	,	,	PUNCT
economy-573	121	26	risk	risk	NOUN
economy-573	121	27	diversification	diversification	NOUN
economy-573	121	28	,	,	PUNCT
economy-573	121	29	saving	saving	NOUN
economy-573	121	30	mobilization	mobilization	NOUN
economy-573	121	31	,	,	PUNCT
economy-573	121	32	corporate	corporate	ADJ
economy-573	121	33	control	control	NOUN
economy-573	121	34	and	and	CCONJ
economy-573	121	35	rate	rate	NOUN
economy-573	121	36	of	of	ADP
economy-573	121	37	economic	economic	ADJ
economy-573	121	38	growth	growth	NOUN
economy-573	121	39	.	.	PUNCT
economy-573	122	1	however	however	ADV
economy-573	122	2	debate	debate	NOUN
economy-573	122	3	exists	exist	VERB
economy-573	122	4	over	over	ADP
economy-573	122	5	the	the	DET
economy-573	122	6	signs	sign	NOUN
economy-573	122	7	of	of	ADP
economy-573	122	8	this	this	DET
economy-573	122	9	effect	effect	NOUN
economy-573	122	10	.	.	PUNCT
economy-573	123	1	some	some	PRON
economy-573	123	2	of	of	ADP
economy-573	123	3	the	the	DET
economy-573	123	4	studies	study	NOUN
economy-573	123	5	suggested	suggest	VERB
economy-573	123	6	that	that	SCONJ
economy-573	123	7	stock	stock	NOUN
economy-573	123	8	market	market	NOUN
economy-573	123	9	development	development	NOUN
economy-573	123	10	has	have	VERB
economy-573	123	11	positive	positive	ADJ
economy-573	123	12	effect	effect	NOUN
economy-573	123	13	on	on	ADP
economy-573	123	14	growth	growth	NOUN
economy-573	123	15	,	,	PUNCT
economy-573	123	16	while	while	SCONJ
economy-573	123	17	others	other	NOUN
economy-573	123	18	predict	predict	VERB
economy-573	123	19	a	a	DET
economy-573	123	20	negative	negative	ADJ
economy-573	123	21	relationship	relationship	NOUN
economy-573	123	22	between	between	ADP
economy-573	123	23	stock	stock	NOUN
economy-573	123	24	market	market	NOUN
economy-573	123	25	development	development	NOUN
economy-573	123	26	and	and	CCONJ
economy-573	123	27	economic	economic	ADJ
economy-573	123	28	growth	growth	NOUN
economy-573	123	29	demirgue	demirgue	NOUN
economy-573	123	30	-	-	PUNCT
economy-573	123	31	kunt	kunt	PROPN
economy-573	123	32	and	and	CCONJ
economy-573	123	33	levine	levine	PROPN
economy-573	123	34	(	(	PUNCT
economy-573	123	35	1996	1996	NUM
economy-573	123	36	)	)	PUNCT
economy-573	123	37	;	;	PUNCT
economy-573	123	38	levine	levine	PROPN
economy-573	123	39	and	and	CCONJ
economy-573	123	40	zervos	zervos	PROPN
economy-573	123	41	(	(	PUNCT
economy-573	123	42	1996	1996	NUM
economy-573	123	43	)	)	PUNCT
economy-573	123	44	;	;	PUNCT
economy-573	123	45	nyong	nyong	NOUN
economy-573	123	46	(	(	PUNCT
economy-573	123	47	1996	1996	NUM
economy-573	123	48	)	)	PUNCT
economy-573	123	49	;	;	PUNCT
economy-573	123	50	anyanwu	anyanwu	NOUN
economy-573	123	51	(	(	PUNCT
economy-573	123	52	1998	1998	NUM
economy-573	123	53	)	)	PUNCT
economy-573	123	54	;	;	PUNCT
economy-573	123	55	adam	adam	PROPN
economy-573	123	56	and	and	CCONJ
economy-573	123	57	sanni	sanni	PROPN
economy-573	123	58	(	(	PUNCT
economy-573	123	59	2005	2005	NUM
economy-573	123	60	)	)	PUNCT
economy-573	123	61	;	;	PUNCT
economy-573	123	62	ezeoha	ezeoha	PROPN
economy-573	123	63	et	et	PROPN
economy-573	123	64	al	al	PROPN
economy-573	123	65	.	.	PROPN
economy-573	123	66	(	(	PUNCT
economy-573	123	67	2009	2009	NUM
economy-573	123	68	)	)	PUNCT
economy-573	123	69	;	;	PUNCT
economy-573	123	70	ohiomu	ohiomu	NOUN
economy-573	123	71	and	and	CCONJ
economy-573	123	72	godfrey	godfrey	PROPN
economy-573	123	73	(	(	PUNCT
economy-573	123	74	2011	2011	NUM
economy-573	123	75	)	)	PUNCT
economy-573	123	76	;	;	PUNCT
economy-573	123	77	kolapo	kolapo	PROPN
economy-573	123	78	and	and	CCONJ
economy-573	123	79	daramola	daramola	PROPN
economy-573	123	80	(	(	PUNCT
economy-573	123	81	2012	2012	NUM
economy-573	123	82	)	)	PUNCT
economy-573	123	83	and	and	CCONJ
economy-573	123	84	okoroafor	okoroafor	ADP
economy-573	123	85	(	(	PUNCT
economy-573	123	86	2014	2014	NUM
economy-573	123	87	)	)	PUNCT
economy-573	123	88	.	.	PUNCT
economy-573	124	1	for	for	ADP
economy-573	124	2	instance	instance	NOUN
economy-573	124	3	,	,	PUNCT
economy-573	124	4	levine	levine	PROPN
economy-573	124	5	and	and	CCONJ
economy-573	124	6	zervos	zervos	PROPN
economy-573	124	7	(	(	PUNCT
economy-573	124	8	1996	1996	NUM
economy-573	124	9	)	)	PUNCT
economy-573	124	10	examined	examine	VERB
economy-573	124	11	whether	whether	SCONJ
economy-573	124	12	there	there	PRON
economy-573	124	13	was	be	VERB
economy-573	124	14	a	a	DET
economy-573	124	15	strong	strong	ADJ
economy-573	124	16	empirical	empirical	ADJ
economy-573	124	17	relationship	relationship	NOUN
economy-573	124	18	between	between	ADP
economy-573	124	19	stock	stock	NOUN
economy-573	124	20	market	market	NOUN
economy-573	124	21	development	development	NOUN
economy-573	124	22	and	and	CCONJ
economy-573	124	23	long	long	ADJ
economy-573	124	24	run	run	VERB
economy-573	124	25	economic	economic	ADJ
economy-573	124	26	growth	growth	NOUN
economy-573	124	27	.	.	PUNCT
economy-573	125	1	they	they	PRON
economy-573	125	2	found	find	VERB
economy-573	125	3	a	a	DET
economy-573	125	4	strong	strong	ADJ
economy-573	125	5	correlation	correlation	NOUN
economy-573	125	6	between	between	ADP
economy-573	125	7	stock	stock	NOUN
economy-573	125	8	market	market	NOUN
economy-573	125	9	development	development	NOUN
economy-573	125	10	and	and	CCONJ
economy-573	125	11	long	long	ADJ
economy-573	125	12	run	run	VERB
economy-573	125	13	economic	economic	ADJ
economy-573	125	14	growth	growth	NOUN
economy-573	125	15	.	.	PUNCT
economy-573	126	1	demirgue	demirgue	ADJ
economy-573	126	2	-	-	PUNCT
economy-573	126	3	kunt	kunt	PROPN
economy-573	126	4	and	and	CCONJ
economy-573	126	5	levine	levine	PROPN
economy-573	126	6	(	(	PUNCT
economy-573	126	7	1996	1996	NUM
economy-573	126	8	)	)	PUNCT
economy-573	126	9	studied	study	VERB
economy-573	126	10	stock	stock	NOUN
economy-573	126	11	market	market	NOUN
economy-573	126	12	development	development	NOUN
economy-573	126	13	and	and	CCONJ
economy-573	126	14	economic	economic	ADJ
economy-573	126	15	growth	growth	NOUN
economy-573	126	16	of	of	ADP
economy-573	126	17	44	44	NUM
economy-573	126	18	countries	country	NOUN
economy-573	126	19	over	over	ADP
economy-573	126	20	the	the	DET
economy-573	126	21	period	period	NOUN
economy-573	126	22	of	of	ADP
economy-573	126	23	1986	1986	NUM
economy-573	126	24	to	to	ADP
economy-573	126	25	1993	1993	NUM
economy-573	126	26	.	.	PUNCT
economy-573	127	1	they	they	PRON
economy-573	127	2	found	find	VERB
economy-573	127	3	that	that	SCONJ
economy-573	127	4	different	different	ADJ
economy-573	127	5	measures	measure	NOUN
economy-573	127	6	of	of	ADP
economy-573	127	7	stock	stock	NOUN
economy-573	127	8	exchange	exchange	NOUN
economy-573	127	9	size	size	NOUN
economy-573	127	10	are	be	AUX
economy-573	127	11	strongly	strongly	ADV
economy-573	127	12	correlated	correlate	VERB
economy-573	127	13	to	to	ADP
economy-573	127	14	other	other	ADJ
economy-573	127	15	indicators	indicator	NOUN
economy-573	127	16	such	such	ADJ
economy-573	127	17	as	as	ADP
economy-573	127	18	level	level	NOUN
economy-573	127	19	of	of	ADP
economy-573	127	20	financial	financial	ADJ
economy-573	127	21	banking	banking	NOUN
economy-573	127	22	and	and	CCONJ
economy-573	127	23	non	non	ADJ
economy-573	127	24	-	-	ADJ
economy-573	127	25	banking	banking	ADJ
economy-573	127	26	institution	institution	NOUN
economy-573	127	27	as	as	ADV
economy-573	127	28	well	well	ADV
economy-573	127	29	as	as	ADP
economy-573	127	30	insurance	insurance	NOUN
economy-573	127	31	and	and	CCONJ
economy-573	127	32	pension	pension	NOUN
economy-573	127	33	funds	fund	NOUN
economy-573	127	34	.	.	PUNCT
economy-573	128	1	they	they	PRON
economy-573	128	2	concluded	conclude	VERB
economy-573	128	3	that	that	SCONJ
economy-573	128	4	countries	country	NOUN
economy-573	128	5	with	with	ADP
economy-573	128	6	well	well	ADV
economy-573	128	7	-	-	PUNCT
economy-573	128	8	developed	develop	VERB
economy-573	128	9	stock	stock	NOUN
economy-573	128	10	markets	market	NOUN
economy-573	128	11	tend	tend	VERB
economy-573	128	12	to	to	PART
economy-573	128	13	also	also	ADV
economy-573	128	14	have	have	VERB
economy-573	128	15	well	well	ADV
economy-573	128	16	developed	develop	VERB
economy-573	128	17	financial	financial	ADJ
economy-573	128	18	intermediaries	intermediary	NOUN
economy-573	128	19	.	.	PUNCT
economy-573	129	1	furthermore	furthermore	ADV
economy-573	129	2	,	,	PUNCT
economy-573	129	3	levine	levine	PROPN
economy-573	129	4	and	and	CCONJ
economy-573	129	5	zervos	zervos	PROPN
economy-573	129	6	(	(	PUNCT
economy-573	129	7	1998	1998	NUM
economy-573	129	8	)	)	PUNCT
economy-573	129	9	using	use	VERB
economy-573	129	10	pooled	pool	VERB
economy-573	129	11	cross	cross	ADJ
economy-573	129	12	-	-	ADJ
economy-573	129	13	country	country	ADJ
economy-573	129	14	data	datum	NOUN
economy-573	129	15	of	of	ADP
economy-573	129	16	47	47	NUM
economy-573	129	17	countries	country	NOUN
economy-573	129	18	from	from	ADP
economy-573	129	19	1976	1976	NUM
economy-573	129	20	to	to	ADP
economy-573	129	21	1993	1993	NUM
economy-573	129	22	evaluated	evaluate	VERB
economy-573	129	23	whether	whether	SCONJ
economy-573	129	24	stock	stock	NOUN
economy-573	129	25	market	market	NOUN
economy-573	129	26	liquidity	liquidity	NOUN
economy-573	129	27	is	be	AUX
economy-573	129	28	related	relate	VERB
economy-573	129	29	to	to	ADP
economy-573	129	30	growth	growth	NOUN
economy-573	129	31	,	,	PUNCT
economy-573	129	32	capital	capital	NOUN
economy-573	129	33	accumulation	accumulation	NOUN
economy-573	129	34	and	and	CCONJ
economy-573	129	35	productivity	productivity	NOUN
economy-573	129	36	.	.	PUNCT
economy-573	130	1	they	they	PRON
economy-573	130	2	towed	tow	VERB
economy-573	130	3	the	the	DET
economy-573	130	4	line	line	NOUN
economy-573	130	5	of	of	ADP
economy-573	130	6	demirgue	demirgue	ADJ
economy-573	130	7	-	-	PUNCT
economy-573	130	8	kunt	kunt	PROPN
economy-573	130	9	and	and	CCONJ
economy-573	130	10	levine	levine	PROPN
economy-573	130	11	(	(	PUNCT
economy-573	130	12	1996	1996	NUM
economy-573	130	13	)	)	PUNCT
economy-573	130	14	by	by	ADP
economy-573	130	15	including	include	VERB
economy-573	130	16	measures	measure	NOUN
economy-573	130	17	such	such	ADJ
economy-573	130	18	as	as	ADP
economy-573	130	19	stock	stock	NOUN
economy-573	130	20	market	market	NOUN
economy-573	130	21	size	size	NOUN
economy-573	130	22	,	,	PUNCT
economy-573	130	23	liquidity	liquidity	NOUN
economy-573	130	24	,	,	PUNCT
economy-573	130	25	integration	integration	NOUN
economy-573	130	26	with	with	ADP
economy-573	130	27	world	world	NOUN
economy-573	130	28	market	market	NOUN
economy-573	130	29	and	and	CCONJ
economy-573	130	30	index	index	NOUN
economy-573	130	31	of	of	ADP
economy-573	130	32	stock	stock	NOUN
economy-573	130	33	development	development	NOUN
economy-573	130	34	.	.	PUNCT
economy-573	131	1	the	the	DET
economy-573	131	2	rate	rate	NOUN
economy-573	131	3	of	of	ADP
economy-573	131	4	gross	gross	ADJ
economy-573	131	5	domestic	domestic	ADJ
economy-573	131	6	product	product	NOUN
economy-573	131	7	(	(	PUNCT
economy-573	131	8	gdp	gdp	NOUN
economy-573	131	9	)	)	PUNCT
economy-573	131	10	per	per	ADP
economy-573	131	11	capital	capital	NOUN
economy-573	131	12	was	be	AUX
economy-573	131	13	regressed	regress	VERB
economy-573	131	14	on	on	ADP
economy-573	131	15	a	a	DET
economy-573	131	16	variety	variety	NOUN
economy-573	131	17	of	of	ADP
economy-573	131	18	variables	variable	NOUN
economy-573	131	19	designed	design	VERB
economy-573	131	20	to	to	PART
economy-573	131	21	control	control	VERB
economy-573	131	22	for	for	ADP
economy-573	131	23	political	political	ADJ
economy-573	131	24	instability	instability	NOUN
economy-573	131	25	,	,	PUNCT
economy-573	131	26	investment	investment	NOUN
economy-573	131	27	in	in	ADP
economy-573	131	28	human	human	ADJ
economy-573	131	29	capital	capital	NOUN
economy-573	131	30	and	and	CCONJ
economy-573	131	31	macroeconomic	macroeconomic	ADJ
economy-573	131	32	conditions	condition	NOUN
economy-573	131	33	and	and	CCONJ
economy-573	131	34	index	index	NOUN
economy-573	131	35	of	of	ADP
economy-573	131	36	stock	stock	NOUN
economy-573	131	37	market	market	NOUN
economy-573	131	38	development	development	NOUN
economy-573	131	39	.	.	PUNCT
economy-573	132	1	they	they	PRON
economy-573	132	2	found	find	VERB
economy-573	132	3	empirically	empirically	ADV
economy-573	132	4	that	that	SCONJ
economy-573	132	5	the	the	DET
economy-573	132	6	measures	measure	NOUN
economy-573	132	7	of	of	ADP
economy-573	132	8	stock	stock	NOUN
economy-573	132	9	market	market	NOUN
economy-573	132	10	liquidity	liquidity	NOUN
economy-573	132	11	were	be	AUX
economy-573	132	12	strongly	strongly	ADV
economy-573	132	13	related	relate	VERB
economy-573	132	14	to	to	ADP
economy-573	132	15	growth	growth	NOUN
economy-573	132	16	,	,	PUNCT
economy-573	132	17	capital	capital	NOUN
economy-573	132	18	accumulation	accumulation	NOUN
economy-573	132	19	and	and	CCONJ
economy-573	132	20	productivity	productivity	NOUN
economy-573	132	21	;	;	PUNCT
economy-573	132	22	while	while	SCONJ
economy-573	132	23	stock	stock	NOUN
economy-573	132	24	market	market	NOUN
economy-573	132	25	size	size	NOUN
economy-573	132	26	does	do	AUX
economy-573	132	27	not	not	PART
economy-573	132	28	seem	seem	VERB
economy-573	132	29	to	to	PART
economy-573	132	30	correlate	correlate	VERB
economy-573	132	31	with	with	ADP
economy-573	132	32	economic	economic	ADJ
economy-573	132	33	growth	growth	NOUN
economy-573	132	34	.	.	PUNCT
economy-573	133	1	meanwhile	meanwhile	ADV
economy-573	133	2	,	,	PUNCT
economy-573	133	3	harris	harris	PROPN
economy-573	133	4	(	(	PUNCT
economy-573	133	5	1997	1997	NUM
economy-573	133	6	)	)	PUNCT
economy-573	133	7	did	do	AUX
economy-573	133	8	not	not	PART
economy-573	133	9	find	find	VERB
economy-573	133	10	supportive	supportive	ADJ
economy-573	133	11	evidence	evidence	NOUN
economy-573	133	12	that	that	SCONJ
economy-573	133	13	stock	stock	NOUN
economy-573	133	14	markets	market	NOUN
economy-573	133	15	activity	activity	NOUN
economy-573	133	16	affects	affect	VERB
economy-573	133	17	the	the	DET
economy-573	133	18	level	level	NOUN
economy-573	133	19	of	of	ADP
economy-573	133	20	economic	economic	ADJ
economy-573	133	21	growth	growth	NOUN
economy-573	133	22	.	.	PUNCT
economy-573	134	1	the	the	DET
economy-573	134	2	work	work	NOUN
economy-573	134	3	by	by	ADP
economy-573	134	4	atje	atje	PROPN
economy-573	134	5	and	and	CCONJ
economy-573	134	6	jovanovic	jovanovic	PROPN
economy-573	134	7	(	(	PUNCT
economy-573	134	8	1998	1998	NUM
economy-573	134	9	)	)	PUNCT
economy-573	134	10	show	show	VERB
economy-573	134	11	that	that	SCONJ
economy-573	134	12	stock	stock	NOUN
economy-573	134	13	market	market	NOUN
economy-573	134	14	development	development	NOUN
economy-573	134	15	is	be	AUX
economy-573	134	16	strongly	strongly	ADV
economy-573	134	17	correlated	correlate	VERB
economy-573	134	18	with	with	ADP
economy-573	134	19	growth	growth	NOUN
economy-573	134	20	rates	rate	NOUN
economy-573	134	21	of	of	ADP
economy-573	134	22	real	real	ADJ
economy-573	134	23	gdp	gdp	NOUN
economy-573	134	24	per	per	ADP
economy-573	134	25	capital	capital	NOUN
economy-573	134	26	.	.	PUNCT
economy-573	135	1	more	more	ADV
economy-573	135	2	importantly	importantly	ADV
economy-573	135	3	they	they	PRON
economy-573	135	4	found	find	VERB
economy-573	135	5	that	that	SCONJ
economy-573	135	6	stock	stock	NOUN
economy-573	135	7	market	market	NOUN
economy-573	135	8	liquidity	liquidity	NOUN
economy-573	135	9	predicts	predict	VERB
economy-573	135	10	the	the	DET
economy-573	135	11	future	future	ADJ
economy-573	135	12	growth	growth	NOUN
economy-573	135	13	rate	rate	NOUN
economy-573	135	14	of	of	ADP
economy-573	135	15	the	the	DET
economy-573	135	16	economy	economy	NOUN
economy-573	135	17	.	.	PUNCT
economy-573	136	1	also	also	ADV
economy-573	136	2	,	,	PUNCT
economy-573	136	3	rousseau	rousseau	PROPN
economy-573	136	4	and	and	CCONJ
economy-573	136	5	paul	paul	PROPN
economy-573	136	6	(	(	PUNCT
economy-573	136	7	1998	1998	NUM
economy-573	136	8	)	)	PUNCT
economy-573	136	9	examined	examine	VERB
economy-573	136	10	and	and	CCONJ
economy-573	136	11	found	find	VERB
economy-573	136	12	that	that	SCONJ
economy-573	136	13	stock	stock	NOUN
economy-573	136	14	market	market	NOUN
economy-573	136	15	-	-	PUNCT
economy-573	136	16	growth	growth	NOUN
economy-573	136	17	nexus	nexus	NOUN
economy-573	136	18	exhibited	exhibit	VERB
economy-573	136	19	positive	positive	ADJ
economy-573	136	20	causal	causal	ADJ
economy-573	136	21	relationship	relationship	NOUN
economy-573	136	22	between	between	ADP
economy-573	136	23	stock	stock	NOUN
economy-573	136	24	market	market	NOUN
economy-573	136	25	development	development	NOUN
economy-573	136	26	and	and	CCONJ
economy-573	136	27	economic	economic	ADJ
economy-573	136	28	activity	activity	NOUN
economy-573	136	29	.	.	PUNCT
economy-573	137	1	mohtadi	mohtadi	NOUN
economy-573	137	2	and	and	CCONJ
economy-573	137	3	agarwal	agarwal	PROPN
economy-573	137	4	(	(	PUNCT
economy-573	137	5	2001	2001	NUM
economy-573	137	6	)	)	PUNCT
economy-573	137	7	argue	argue	VERB
economy-573	137	8	that	that	SCONJ
economy-573	137	9	financial	financial	ADJ
economy-573	137	10	sector	sector	NOUN
economy-573	137	11	development	development	NOUN
economy-573	137	12	facilitates	facilitate	VERB
economy-573	137	13	capital	capital	NOUN
economy-573	137	14	market	market	NOUN
economy-573	137	15	development	development	NOUN
economy-573	137	16	,	,	PUNCT
economy-573	137	17	and	and	CCONJ
economy-573	137	18	in	in	ADP
economy-573	137	19	turn	turn	NOUN
economy-573	137	20	raises	raise	VERB
economy-573	137	21	real	real	ADJ
economy-573	137	22	growth	growth	NOUN
economy-573	137	23	of	of	ADP
economy-573	137	24	the	the	DET
economy-573	137	25	economy	economy	NOUN
economy-573	137	26	.	.	PUNCT
economy-573	138	1	pedro	pedro	PROPN
economy-573	138	2	and	and	CCONJ
economy-573	138	3	erwan	erwan	PROPN
economy-573	138	4	(	(	PUNCT
economy-573	138	5	2004	2004	NUM
economy-573	138	6	)	)	PUNCT
economy-573	138	7	asserted	assert	VERB
economy-573	138	8	that	that	SCONJ
economy-573	138	9	financial	financial	ADJ
economy-573	138	10	market	market	NOUN
economy-573	138	11	development	development	NOUN
economy-573	138	12	raises	raise	VERB
economy-573	138	13	output	output	NOUN
economy-573	138	14	by	by	ADP
economy-573	138	15	increasing	increase	VERB
economy-573	138	16	the	the	DET
economy-573	138	17	capital	capital	NOUN
economy-573	138	18	used	use	VERB
economy-573	138	19	in	in	ADP
economy-573	138	20	production	production	NOUN
economy-573	138	21	.	.	PUNCT
economy-573	139	1	bekaert	bekaert	PROPN
economy-573	139	2	et	et	PROPN
economy-573	139	3	al	al	PROPN
economy-573	139	4	.	.	PROPN
economy-573	140	1	(	(	PUNCT
economy-573	140	2	2005	2005	NUM
economy-573	140	3	)	)	PUNCT
economy-573	140	4	indicated	indicate	VERB
economy-573	140	5	that	that	SCONJ
economy-573	140	6	capital	capital	NOUN
economy-573	140	7	market	market	NOUN
economy-573	140	8	development	development	NOUN
economy-573	140	9	has	have	AUX
economy-573	140	10	contributed	contribute	VERB
economy-573	140	11	to	to	ADP
economy-573	140	12	the	the	DET
economy-573	140	13	economic	economic	ADJ
economy-573	140	14	growth	growth	NOUN
economy-573	140	15	of	of	ADP
economy-573	140	16	egypt	egypt	PROPN
economy-573	140	17	.	.	PUNCT
economy-573	141	1	for	for	ADP
economy-573	141	2	belgium	belgium	NOUN
economy-573	141	3	,	,	PUNCT
economy-573	141	4	nieuwerbugh	nieuwerbugh	ADV
economy-573	141	5	et	et	PROPN
economy-573	141	6	al	al	PROPN
economy-573	141	7	.	.	PROPN
economy-573	142	1	(	(	PUNCT
economy-573	142	2	2005	2005	NUM
economy-573	142	3	)	)	PUNCT
economy-573	142	4	investigated	investigate	VERB
economy-573	142	5	the	the	DET
economy-573	142	6	long	long	ADJ
economy-573	142	7	run	run	NOUN
economy-573	142	8	relationship	relationship	NOUN
economy-573	142	9	between	between	ADP
economy-573	142	10	growth	growth	NOUN
economy-573	142	11	and	and	CCONJ
economy-573	142	12	financial	financial	ADJ
economy-573	142	13	market	market	NOUN
economy-573	142	14	development	development	NOUN
economy-573	142	15	.	.	PUNCT
economy-573	143	1	the	the	DET
economy-573	143	2	authors	author	NOUN
economy-573	143	3	used	use	VERB
economy-573	143	4	a	a	DET
economy-573	143	5	new	new	ADJ
economy-573	143	6	set	set	NOUN
economy-573	143	7	of	of	ADP
economy-573	143	8	stock	stock	NOUN
economy-573	143	9	market	market	NOUN
economy-573	143	10	indicators	indicator	NOUN
economy-573	143	11	to	to	PART
economy-573	143	12	argue	argue	VERB
economy-573	143	13	that	that	SCONJ
economy-573	143	14	financial	financial	ADJ
economy-573	143	15	market	market	NOUN
economy-573	143	16	development	development	NOUN
economy-573	143	17	substantially	substantially	ADV
economy-573	143	18	affects	affect	VERB
economy-573	143	19	economic	economic	ADJ
economy-573	143	20	growth	growth	NOUN
economy-573	143	21	,	,	PUNCT
economy-573	143	22	especially	especially	ADV
economy-573	143	23	in	in	ADP
economy-573	143	24	the	the	DET
economy-573	143	25	period	period	NOUN
economy-573	143	26	of	of	ADP
economy-573	143	27	1973	1973	NUM
economy-573	143	28	to	to	ADP
economy-573	143	29	1993	1993	NUM
economy-573	143	30	.	.	PUNCT
economy-573	144	1	liu	liu	PROPN
economy-573	144	2	and	and	CCONJ
economy-573	144	3	hsu	hsu	PROPN
economy-573	144	4	(	(	PUNCT
economy-573	144	5	2006	2006	NUM
economy-573	144	6	)	)	PUNCT
economy-573	144	7	reported	report	VERB
economy-573	144	8	a	a	DET
economy-573	144	9	positive	positive	ADJ
economy-573	144	10	impact	impact	NOUN
economy-573	144	11	on	on	ADP
economy-573	144	12	economic	economic	ADJ
economy-573	144	13	growth	growth	NOUN
economy-573	144	14	of	of	ADP
economy-573	144	15	stock	stock	NOUN
economy-573	144	16	market	market	NOUN
economy-573	144	17	development	development	NOUN
economy-573	144	18	in	in	ADP
economy-573	144	19	taiwan	taiwan	PROPN
economy-573	144	20	,	,	PUNCT
economy-573	144	21	korea	korea	PROPN
economy-573	144	22	and	and	CCONJ
economy-573	144	23	japan	japan	PROPN
economy-573	144	24	.	.	PUNCT
economy-573	145	1	yartey	yartey	PROPN
economy-573	145	2	(	(	PUNCT
economy-573	145	3	2008	2008	NUM
economy-573	145	4	)	)	PUNCT
economy-573	145	5	in	in	ADP
economy-573	145	6	his	his	PRON
economy-573	145	7	study	study	NOUN
economy-573	145	8	“	"	PUNCT
economy-573	145	9	the	the	DET
economy-573	145	10	determinants	determinant	NOUN
economy-573	145	11	of	of	ADP
economy-573	145	12	stock	stock	NOUN
economy-573	145	13	market	market	NOUN
economy-573	145	14	development	development	NOUN
economy-573	145	15	in	in	ADP
economy-573	145	16	emerging	emerge	VERB
economy-573	145	17	economies	economy	NOUN
economy-573	145	18	:	:	PUNCT
economy-573	145	19	is	be	AUX
economy-573	145	20	south	south	PROPN
economy-573	145	21	africa	africa	PROPN
economy-573	145	22	different	different	ADJ
economy-573	145	23	”	"	PUNCT
economy-573	145	24	,	,	PUNCT
economy-573	145	25	examined	examine	VERB
economy-573	145	26	the	the	DET
economy-573	145	27	institutional	institutional	ADJ
economy-573	145	28	and	and	CCONJ
economy-573	145	29	macroeconomic	macroeconomic	ADJ
economy-573	145	30	determinants	determinant	NOUN
economy-573	145	31	of	of	ADP
economy-573	145	32	stock	stock	NOUN
economy-573	145	33	market	market	NOUN
economy-573	145	34	development	development	NOUN
economy-573	145	35	using	use	VERB
economy-573	145	36	a	a	DET
economy-573	145	37	panel	panel	NOUN
economy-573	145	38	data	datum	NOUN
economy-573	145	39	of	of	ADP
economy-573	145	40	42	42	NUM
economy-573	145	41	emerging	emerge	VERB
economy-573	145	42	economies	economy	NOUN
economy-573	145	43	for	for	ADP
economy-573	145	44	the	the	DET
economy-573	145	45	period	period	NOUN
economy-573	145	46	of	of	ADP
economy-573	145	47	1990	1990	NUM
economy-573	145	48	to	to	ADP
economy-573	145	49	2004	2004	NUM
economy-573	145	50	.	.	PUNCT
economy-573	146	1	his	his	PRON
economy-573	146	2	result	result	NOUN
economy-573	146	3	indicates	indicate	VERB
economy-573	146	4	that	that	SCONJ
economy-573	146	5	macroeconomic	macroeconomic	ADJ
economy-573	146	6	factors	factor	NOUN
economy-573	146	7	such	such	ADJ
economy-573	146	8	as	as	ADP
economy-573	146	9	income	income	NOUN
economy-573	146	10	level	level	NOUN
economy-573	146	11	,	,	PUNCT
economy-573	146	12	gross	gross	ADJ
economy-573	146	13	domestic	domestic	ADJ
economy-573	146	14	investment	investment	NOUN
economy-573	146	15	,	,	PUNCT
economy-573	146	16	banking	banking	NOUN
economy-573	146	17	sector	sector	NOUN
economy-573	146	18	development	development	NOUN
economy-573	146	19	,	,	PUNCT
economy-573	146	20	private	private	ADJ
economy-573	146	21	capital	capital	NOUN
economy-573	146	22	flows	flow	VERB
economy-573	146	23	,	,	PUNCT
economy-573	146	24	and	and	CCONJ
economy-573	146	25	stock	stock	NOUN
economy-573	146	26	market	market	NOUN
economy-573	146	27	liquidity	liquidity	NOUN
economy-573	146	28	are	be	AUX
economy-573	146	29	important	important	ADJ
economy-573	146	30	determinants	determinant	NOUN
economy-573	146	31	of	of	ADP
economy-573	146	32	stock	stock	NOUN
economy-573	146	33	market	market	NOUN
economy-573	146	34	in	in	ADP
economy-573	146	35	emerging	emerge	VERB
economy-573	146	36	markets	market	NOUN
economy-573	146	37	.	.	PUNCT
economy-573	147	1	the	the	DET
economy-573	147	2	result	result	NOUN
economy-573	147	3	also	also	ADV
economy-573	147	4	indicated	indicate	VERB
economy-573	147	5	that	that	SCONJ
economy-573	147	6	political	political	ADJ
economy-573	147	7	risk	risk	NOUN
economy-573	147	8	,	,	PUNCT
economy-573	147	9	law	law	NOUN
economy-573	147	10	and	and	CCONJ
economy-573	147	11	order	order	NOUN
economy-573	147	12	,	,	PUNCT
economy-573	147	13	and	and	CCONJ
economy-573	147	14	bureaucratic	bureaucratic	ADJ
economy-573	147	15	quality	quality	NOUN
economy-573	147	16	are	be	AUX
economy-573	147	17	important	important	ADJ
economy-573	147	18	determinants	determinant	NOUN
economy-573	147	19	of	of	ADP
economy-573	147	20	stock	stock	NOUN
economy-573	147	21	market	market	NOUN
economy-573	147	22	development	development	NOUN
economy-573	147	23	because	because	SCONJ
economy-573	147	24	they	they	PRON
economy-573	147	25	enhance	enhance	VERB
economy-573	147	26	the	the	DET
economy-573	147	27	viability	viability	NOUN
economy-573	147	28	of	of	ADP
economy-573	147	29	external	external	ADJ
economy-573	147	30	finance	finance	NOUN
economy-573	147	31	.	.	PUNCT
economy-573	148	1	in	in	ADP
economy-573	148	2	nigeria	nigeria	PROPN
economy-573	148	3	,	,	PUNCT
economy-573	148	4	several	several	ADJ
economy-573	148	5	authors	author	NOUN
economy-573	148	6	have	have	AUX
economy-573	148	7	equally	equally	ADV
economy-573	148	8	examined	examine	VERB
economy-573	148	9	stock	stock	NOUN
economy-573	148	10	market	market	NOUN
economy-573	148	11	development	development	NOUN
economy-573	148	12	and	and	CCONJ
economy-573	148	13	economic	economic	ADJ
economy-573	148	14	growth	growth	NOUN
economy-573	148	15	relationship	relationship	NOUN
economy-573	148	16	.	.	PUNCT
economy-573	149	1	for	for	ADP
economy-573	149	2	instance	instance	NOUN
economy-573	149	3	,	,	PUNCT
economy-573	149	4	nyong	nyong	NOUN
economy-573	149	5	(	(	PUNCT
economy-573	149	6	1996	1996	NUM
economy-573	149	7	)	)	PUNCT
economy-573	149	8	looked	look	VERB
economy-573	149	9	at	at	ADP
economy-573	149	10	the	the	DET
economy-573	149	11	relationship	relationship	NOUN
economy-573	149	12	between	between	ADP
economy-573	149	13	long	long	ADJ
economy-573	149	14	run	run	ADJ
economy-573	149	15	economic	economic	ADJ
economy-573	149	16	growth	growth	NOUN
economy-573	149	17	in	in	ADP
economy-573	149	18	nigeria	nigeria	PROPN
economy-573	149	19	and	and	CCONJ
economy-573	149	20	aggregate	aggregate	VERB
economy-573	149	21	index	index	NOUN
economy-573	149	22	of	of	ADP
economy-573	149	23	capital	capital	NOUN
economy-573	149	24	market	market	NOUN
economy-573	149	25	development	development	NOUN
economy-573	149	26	.	.	PUNCT
economy-573	150	1	the	the	DET
economy-573	150	2	study	study	NOUN
economy-573	150	3	employed	employ	VERB
economy-573	150	4	time	time	NOUN
economy-573	150	5	series	series	PROPN
economy-573	150	6	data	data	PROPN
economy-573	150	7	from	from	ADP
economy-573	150	8	1970	1970	NUM
economy-573	150	9	to	to	ADP
economy-573	150	10	1994	1994	NUM
economy-573	150	11	.	.	PUNCT
economy-573	151	1	it	it	PRON
economy-573	151	2	was	be	AUX
economy-573	151	3	found	find	VERB
economy-573	151	4	that	that	SCONJ
economy-573	151	5	capital	capital	NOUN
economy-573	151	6	market	market	NOUN
economy-573	151	7	development	development	NOUN
economy-573	151	8	is	be	AUX
economy-573	151	9	negatively	negatively	ADV
economy-573	151	10	and	and	CCONJ
economy-573	151	11	significantly	significantly	ADV
economy-573	151	12	correlated	correlate	VERB
economy-573	151	13	with	with	ADP
economy-573	151	14	long	long	ADV
economy-573	151	15	-	-	PUNCT
economy-573	151	16	run	run	VERB
economy-573	151	17	economic	economic	ADJ
economy-573	151	18	growth	growth	NOUN
economy-573	151	19	in	in	ADP
economy-573	151	20	nigeria	nigeria	PROPN
economy-573	151	21	.	.	PUNCT
economy-573	152	1	anyanwu	anyanwu	PROPN
economy-573	152	2	(	(	PUNCT
economy-573	152	3	1998	1998	NUM
economy-573	152	4	)	)	PUNCT
economy-573	152	5	also	also	ADV
economy-573	152	6	applied	apply	VERB
economy-573	152	7	aggregate	aggregate	ADJ
economy-573	152	8	index	index	NOUN
economy-573	152	9	of	of	ADP
economy-573	152	10	capital	capital	NOUN
economy-573	152	11	market	market	NOUN
economy-573	152	12	development	development	NOUN
economy-573	152	13	to	to	PART
economy-573	152	14	determine	determine	VERB
economy-573	152	15	its	its	PRON
economy-573	152	16	long	long	ADJ
economy-573	152	17	run	run	NOUN
economy-573	152	18	relationship	relationship	NOUN
economy-573	152	19	with	with	ADP
economy-573	152	20	economic	economic	ADJ
economy-573	152	21	growth	growth	NOUN
economy-573	152	22	in	in	ADP
economy-573	152	23	nigeria	nigeria	PROPN
economy-573	152	24	.	.	PUNCT
economy-573	153	1	the	the	DET
economy-573	153	2	result	result	NOUN
economy-573	153	3	indicated	indicate	VERB
economy-573	153	4	that	that	SCONJ
economy-573	153	5	nigerian	nigerian	ADJ
economy-573	153	6	stock	stock	NOUN
economy-573	153	7	market	market	NOUN
economy-573	153	8	development	development	NOUN
economy-573	153	9	positively	positively	ADV
economy-573	153	10	and	and	CCONJ
economy-573	153	11	robustly	robustly	ADV
economy-573	153	12	associates	associate	NOUN
economy-573	153	13	with	with	ADP
economy-573	153	14	long	long	ADJ
economy-573	153	15	run	run	ADJ
economy-573	153	16	economic	economic	ADJ
economy-573	153	17	growth	growth	NOUN
economy-573	153	18	in	in	ADP
economy-573	153	19	nigeria	nigeria	PROPN
economy-573	153	20	.	.	PUNCT
economy-573	154	1	also	also	ADV
economy-573	154	2	osinubi	osinubi	ADV
economy-573	154	3	and	and	CCONJ
economy-573	154	4	amaghionyeodiwe	amaghionyeodiwe	ADJ
economy-573	154	5	(	(	PUNCT
economy-573	154	6	2003	2003	NUM
economy-573	154	7	)	)	PUNCT
economy-573	154	8	examined	examine	VERB
economy-573	154	9	the	the	DET
economy-573	154	10	relationship	relationship	NOUN
economy-573	154	11	between	between	ADP
economy-573	154	12	nigeria	nigeria	PROPN
economy-573	154	13	stock	stock	NOUN
economy-573	154	14	market	market	NOUN
economy-573	154	15	and	and	CCONJ
economy-573	154	16	economic	economic	ADJ
economy-573	154	17	growth	growth	NOUN
economy-573	154	18	during	during	ADP
economy-573	154	19	the	the	DET
economy-573	154	20	period	period	NOUN
economy-573	154	21	of	of	ADP
economy-573	154	22	1980	1980	NUM
economy-573	154	23	-	-	SYM
economy-573	154	24	2000	2000	NUM
economy-573	154	25	;	;	PUNCT
economy-573	154	26	using	use	VERB
economy-573	154	27	ordinary	ordinary	ADJ
economy-573	154	28	least	least	ADJ
economy-573	154	29	square	square	ADJ
economy-573	154	30	(	(	PUNCT
economy-573	154	31	ols	ol	NOUN
economy-573	154	32	)	)	PUNCT
economy-573	154	33	,	,	PUNCT
economy-573	154	34	their	their	PRON
economy-573	154	35	result	result	NOUN
economy-573	154	36	showed	show	VERB
economy-573	154	37	positive	positive	ADJ
economy-573	154	38	relationship	relationship	NOUN
economy-573	154	39	between	between	ADP
economy-573	154	40	the	the	DET
economy-573	154	41	stock	stock	NOUN
economy-573	154	42	market	market	NOUN
economy-573	154	43	and	and	CCONJ
economy-573	154	44	economic	economic	ADJ
economy-573	154	45	growth	growth	NOUN
economy-573	154	46	and	and	CCONJ
economy-573	154	47	they	they	PRON
economy-573	154	48	suggested	suggest	VERB
economy-573	154	49	the	the	DET
economy-573	154	50	pursuit	pursuit	NOUN
economy-573	154	51	of	of	ADP
economy-573	154	52	polices	police	NOUN
economy-573	154	53	that	that	PRON
economy-573	154	54	geared	gear	VERB
economy-573	154	55	towards	towards	ADP
economy-573	154	56	the	the	DET
economy-573	154	57	development	development	NOUN
economy-573	154	58	of	of	ADP
economy-573	154	59	the	the	DET
economy-573	154	60	stock	stock	NOUN
economy-573	154	61	market	market	NOUN
economy-573	154	62	.	.	PUNCT
economy-573	155	1	also	also	ADV
economy-573	155	2	,	,	PUNCT
economy-573	155	3	adam	adam	PROPN
economy-573	155	4	and	and	CCONJ
economy-573	155	5	sanni	sanni	PROPN
economy-573	155	6	(	(	PUNCT
economy-573	155	7	2005	2005	NUM
economy-573	155	8	)	)	PUNCT
economy-573	155	9	investigated	investigate	VERB
economy-573	155	10	the	the	DET
economy-573	155	11	role	role	NOUN
economy-573	155	12	of	of	ADP
economy-573	155	13	stock	stock	NOUN
economy-573	155	14	market	market	NOUN
economy-573	155	15	on	on	ADP
economy-573	155	16	nigeria	nigeria	PROPN
economy-573	155	17	growth	growth	NOUN
economy-573	155	18	,	,	PUNCT
economy-573	155	19	using	use	VERB
economy-573	155	20	granger	granger	PROPN
economy-573	155	21	causality	causality	NOUN
economy-573	155	22	test	test	NOUN
economy-573	155	23	and	and	CCONJ
economy-573	155	24	regression	regression	VERB
economy-573	155	25	analysis	analysis	NOUN
economy-573	155	26	.	.	PUNCT
economy-573	156	1	their	their	PRON
economy-573	156	2	result	result	NOUN
economy-573	156	3	showed	show	VERB
economy-573	156	4	a	a	DET
economy-573	156	5	one	one	NUM
economy-573	156	6	-	-	PUNCT
economy-573	156	7	way	way	NOUN
economy-573	156	8	causality	causality	NOUN
economy-573	156	9	between	between	ADP
economy-573	156	10	gdp	gdp	NOUN
economy-573	156	11	growth	growth	NOUN
economy-573	156	12	and	and	CCONJ
economy-573	156	13	market	market	NOUN
economy-573	156	14	economy	economy	NOUN
economy-573	156	15	,	,	PUNCT
economy-573	156	16	2016	2016	NUM
economy-573	156	17	,	,	PUNCT
economy-573	156	18	3(1	3(1	NUM
economy-573	156	19	):	):	PUNCT
economy-573	156	20	31	31	NUM
economy-573	156	21	-	-	SYM
economy-573	156	22	39	39	NUM
economy-573	156	23	35	35	NUM
economy-573	156	24	capitalization	capitalization	NOUN
economy-573	156	25	,	,	PUNCT
economy-573	156	26	and	and	CCONJ
economy-573	156	27	market	market	NOUN
economy-573	156	28	turnover	turnover	NOUN
economy-573	156	29	.	.	PUNCT
economy-573	157	1	they	they	PRON
economy-573	157	2	also	also	ADV
economy-573	157	3	observed	observe	VERB
economy-573	157	4	a	a	DET
economy-573	157	5	positive	positive	ADJ
economy-573	157	6	and	and	CCONJ
economy-573	157	7	significant	significant	ADJ
economy-573	157	8	relationship	relationship	NOUN
economy-573	157	9	between	between	ADP
economy-573	157	10	turnover	turnover	NOUN
economy-573	157	11	ratio	ratio	NOUN
economy-573	157	12	and	and	CCONJ
economy-573	157	13	gdp	gdp	NOUN
economy-573	157	14	growth	growth	NOUN
economy-573	157	15	.	.	PUNCT
economy-573	158	1	they	they	PRON
economy-573	158	2	concluded	conclude	VERB
economy-573	158	3	that	that	SCONJ
economy-573	158	4	government	government	NOUN
economy-573	158	5	should	should	AUX
economy-573	158	6	encourage	encourage	VERB
economy-573	158	7	the	the	DET
economy-573	158	8	development	development	NOUN
economy-573	158	9	of	of	ADP
economy-573	158	10	the	the	DET
economy-573	158	11	capital	capital	NOUN
economy-573	158	12	market	market	NOUN
economy-573	158	13	since	since	SCONJ
economy-573	158	14	it	it	PRON
economy-573	158	15	has	have	VERB
economy-573	158	16	a	a	DET
economy-573	158	17	positive	positive	ADJ
economy-573	158	18	effect	effect	NOUN
economy-573	158	19	on	on	ADP
economy-573	158	20	economic	economic	ADJ
economy-573	158	21	growth	growth	NOUN
economy-573	158	22	.	.	PUNCT
economy-573	159	1	obamiro	obamiro	VERB
economy-573	159	2	(	(	PUNCT
economy-573	159	3	2005	2005	NUM
economy-573	159	4	)	)	PUNCT
economy-573	159	5	investigated	investigate	VERB
economy-573	159	6	relations	relation	NOUN
economy-573	159	7	between	between	ADP
economy-573	159	8	stock	stock	NOUN
economy-573	159	9	market	market	NOUN
economy-573	159	10	and	and	CCONJ
economy-573	159	11	economic	economic	ADJ
economy-573	159	12	growth	growth	NOUN
economy-573	159	13	in	in	ADP
economy-573	159	14	nigeria	nigeria	PROPN
economy-573	159	15	.	.	PUNCT
economy-573	160	1	the	the	DET
economy-573	160	2	result	result	NOUN
economy-573	160	3	showed	show	VERB
economy-573	160	4	significant	significant	ADJ
economy-573	160	5	positive	positive	ADJ
economy-573	160	6	effect	effect	NOUN
economy-573	160	7	of	of	ADP
economy-573	160	8	stock	stock	NOUN
economy-573	160	9	market	market	NOUN
economy-573	160	10	on	on	ADP
economy-573	160	11	economic	economic	ADJ
economy-573	160	12	growth	growth	NOUN
economy-573	160	13	.	.	PUNCT
economy-573	161	1	ewah	ewah	PROPN
economy-573	161	2	et	et	PROPN
economy-573	161	3	al	al	PROPN
economy-573	161	4	.	.	PROPN
economy-573	162	1	(	(	PUNCT
economy-573	162	2	2009	2009	NUM
economy-573	162	3	)	)	PUNCT
economy-573	162	4	studied	study	VERB
economy-573	162	5	capital	capital	NOUN
economy-573	162	6	market	market	NOUN
economy-573	162	7	efficiency	efficiency	NOUN
economy-573	162	8	on	on	ADP
economy-573	162	9	economic	economic	ADJ
economy-573	162	10	growth	growth	NOUN
economy-573	162	11	in	in	ADP
economy-573	162	12	nigeria	nigeria	PROPN
economy-573	162	13	using	use	VERB
economy-573	162	14	time	time	NOUN
economy-573	162	15	series	series	PROPN
economy-573	162	16	data	datum	NOUN
economy-573	162	17	on	on	ADP
economy-573	162	18	market	market	NOUN
economy-573	162	19	capitalization	capitalization	NOUN
economy-573	162	20	,	,	PUNCT
economy-573	162	21	money	money	NOUN
economy-573	162	22	supply	supply	NOUN
economy-573	162	23	,	,	PUNCT
economy-573	162	24	interest	interest	NOUN
economy-573	162	25	rate	rate	NOUN
economy-573	162	26	,	,	PUNCT
economy-573	162	27	total	total	ADJ
economy-573	162	28	market	market	NOUN
economy-573	162	29	capitalization	capitalization	NOUN
economy-573	162	30	and	and	CCONJ
economy-573	162	31	government	government	NOUN
economy-573	162	32	development	development	NOUN
economy-573	162	33	stock	stock	NOUN
economy-573	162	34	,	,	PUNCT
economy-573	162	35	19612004	19612004	NUM
economy-573	162	36	.	.	PUNCT
economy-573	163	1	they	they	PRON
economy-573	163	2	applied	apply	VERB
economy-573	163	3	multiple	multiple	ADJ
economy-573	163	4	regressions	regression	NOUN
economy-573	163	5	and	and	CCONJ
economy-573	163	6	ordinary	ordinary	ADJ
economy-573	163	7	least	least	ADJ
economy-573	163	8	squares	square	NOUN
economy-573	163	9	estimation	estimation	NOUN
economy-573	163	10	techniques	technique	NOUN
economy-573	163	11	.	.	PUNCT
economy-573	164	1	the	the	DET
economy-573	164	2	result	result	NOUN
economy-573	164	3	showed	show	VERB
economy-573	164	4	capital	capital	NOUN
economy-573	164	5	market	market	NOUN
economy-573	164	6	in	in	ADP
economy-573	164	7	nigeria	nigeria	PROPN
economy-573	164	8	has	have	VERB
economy-573	164	9	the	the	DET
economy-573	164	10	potential	potential	NOUN
economy-573	164	11	to	to	PART
economy-573	164	12	induce	induce	VERB
economy-573	164	13	growth	growth	NOUN
economy-573	164	14	.	.	PUNCT
economy-573	165	1	however	however	ADV
economy-573	165	2	,	,	PUNCT
economy-573	165	3	that	that	SCONJ
economy-573	165	4	it	it	PRON
economy-573	165	5	has	have	AUX
economy-573	165	6	not	not	PART
economy-573	165	7	contributed	contribute	VERB
economy-573	165	8	meaningfully	meaningfully	ADV
economy-573	165	9	to	to	ADP
economy-573	165	10	economic	economic	ADJ
economy-573	165	11	growth	growth	NOUN
economy-573	165	12	in	in	ADP
economy-573	165	13	nigeria	nigeria	PROPN
economy-573	165	14	because	because	SCONJ
economy-573	165	15	of	of	ADP
economy-573	165	16	low	low	ADJ
economy-573	165	17	market	market	NOUN
economy-573	165	18	capitalization	capitalization	NOUN
economy-573	165	19	,	,	PUNCT
economy-573	165	20	low	low	ADJ
economy-573	165	21	absorptive	absorptive	ADJ
economy-573	165	22	capacity	capacity	NOUN
economy-573	165	23	,	,	PUNCT
economy-573	165	24	illiquidity	illiquidity	NOUN
economy-573	165	25	,	,	PUNCT
economy-573	165	26	misappropriation	misappropriation	NOUN
economy-573	165	27	of	of	ADP
economy-573	165	28	funds	fund	NOUN
economy-573	165	29	among	among	ADP
economy-573	165	30	others	other	NOUN
economy-573	165	31	.	.	PUNCT
economy-573	166	1	in	in	ADP
economy-573	166	2	addition	addition	NOUN
economy-573	166	3	,	,	PUNCT
economy-573	166	4	ezeoha	ezeoha	PROPN
economy-573	166	5	et	et	PROPN
economy-573	166	6	al	al	PROPN
economy-573	166	7	.	.	PROPN
economy-573	167	1	(	(	PUNCT
economy-573	167	2	2009	2009	NUM
economy-573	167	3	)	)	PUNCT
economy-573	167	4	examined	examine	VERB
economy-573	167	5	the	the	DET
economy-573	167	6	nature	nature	NOUN
economy-573	167	7	of	of	ADP
economy-573	167	8	relationship	relationship	NOUN
economy-573	167	9	between	between	ADP
economy-573	167	10	stock	stock	NOUN
economy-573	167	11	market	market	NOUN
economy-573	167	12	development	development	NOUN
economy-573	167	13	and	and	CCONJ
economy-573	167	14	level	level	NOUN
economy-573	167	15	of	of	ADP
economy-573	167	16	investment	investment	NOUN
economy-573	167	17	(	(	PUNCT
economy-573	167	18	domestic	domestic	ADJ
economy-573	167	19	private	private	ADJ
economy-573	167	20	investment	investment	NOUN
economy-573	167	21	and	and	CCONJ
economy-573	167	22	foreign	foreign	ADJ
economy-573	167	23	private	private	ADJ
economy-573	167	24	investment	investment	NOUN
economy-573	167	25	)	)	PUNCT
economy-573	167	26	flows	flow	VERB
economy-573	167	27	in	in	ADP
economy-573	167	28	nigeria	nigeria	PROPN
economy-573	167	29	.	.	PUNCT
economy-573	168	1	the	the	DET
economy-573	168	2	author	author	NOUN
economy-573	168	3	discovered	discover	VERB
economy-573	168	4	that	that	SCONJ
economy-573	168	5	stock	stock	NOUN
economy-573	168	6	market	market	NOUN
economy-573	168	7	development	development	NOUN
economy-573	168	8	promotes	promote	VERB
economy-573	168	9	domestic	domestic	ADJ
economy-573	168	10	private	private	ADJ
economy-573	168	11	investment	investment	NOUN
economy-573	168	12	flow	flow	NOUN
economy-573	168	13	.	.	PUNCT
economy-573	169	1	the	the	DET
economy-573	169	2	result	result	NOUN
economy-573	169	3	equally	equally	ADV
economy-573	169	4	showed	show	VERB
economy-573	169	5	that	that	SCONJ
economy-573	169	6	stock	stock	NOUN
economy-573	169	7	market	market	NOUN
economy-573	169	8	development	development	NOUN
economy-573	169	9	has	have	AUX
economy-573	169	10	not	not	PART
economy-573	169	11	been	be	AUX
economy-573	169	12	able	able	ADJ
economy-573	169	13	to	to	PART
economy-573	169	14	encourage	encourage	VERB
economy-573	169	15	the	the	DET
economy-573	169	16	flow	flow	NOUN
economy-573	169	17	of	of	ADP
economy-573	169	18	foreign	foreign	ADJ
economy-573	169	19	private	private	ADJ
economy-573	169	20	investment	investment	NOUN
economy-573	169	21	in	in	ADP
economy-573	169	22	nigeria	nigeria	PROPN
economy-573	169	23	.	.	PUNCT
economy-573	170	1	abu	abu	PROPN
economy-573	170	2	(	(	PUNCT
economy-573	170	3	2009	2009	NUM
economy-573	170	4	)	)	PUNCT
economy-573	170	5	examined	examine	VERB
economy-573	170	6	if	if	SCONJ
economy-573	170	7	stock	stock	NOUN
economy-573	170	8	market	market	NOUN
economy-573	170	9	development	development	NOUN
economy-573	170	10	in	in	ADP
economy-573	170	11	nigeria	nigeria	PROPN
economy-573	170	12	raises	raise	VERB
economy-573	170	13	economic	economic	ADJ
economy-573	170	14	growth	growth	NOUN
economy-573	170	15	.	.	PUNCT
economy-573	171	1	he	he	PRON
economy-573	171	2	employed	employ	VERB
economy-573	171	3	error	error	NOUN
economy-573	171	4	correction	correction	NOUN
economy-573	171	5	approach	approach	NOUN
economy-573	171	6	,	,	PUNCT
economy-573	171	7	and	and	CCONJ
economy-573	171	8	the	the	DET
economy-573	171	9	result	result	NOUN
economy-573	171	10	indicated	indicate	VERB
economy-573	171	11	that	that	SCONJ
economy-573	171	12	stock	stock	NOUN
economy-573	171	13	market	market	NOUN
economy-573	171	14	development	development	NOUN
economy-573	171	15	(	(	PUNCT
economy-573	171	16	market	market	NOUN
economy-573	171	17	capitalization	capitalization	NOUN
economy-573	171	18	-	-	PUNCT
economy-573	171	19	gdp	gdp	NOUN
economy-573	171	20	ratio	ratio	NOUN
economy-573	171	21	)	)	PUNCT
economy-573	171	22	increases	increase	VERB
economy-573	171	23	economic	economic	ADJ
economy-573	171	24	growth	growth	NOUN
economy-573	171	25	.	.	PUNCT
economy-573	172	1	pat	pat	PROPN
economy-573	172	2	and	and	CCONJ
economy-573	172	3	james	james	PROPN
economy-573	172	4	(	(	PUNCT
economy-573	172	5	2010	2010	NUM
economy-573	172	6	)	)	PUNCT
economy-573	172	7	contended	contend	VERB
economy-573	172	8	that	that	SCONJ
economy-573	172	9	the	the	DET
economy-573	172	10	capital	capital	NOUN
economy-573	172	11	market	market	NOUN
economy-573	172	12	indices	index	NOUN
economy-573	172	13	have	have	AUX
economy-573	172	14	not	not	PART
economy-573	172	15	impacted	impact	VERB
economy-573	172	16	significantly	significantly	ADV
economy-573	172	17	on	on	ADP
economy-573	172	18	the	the	DET
economy-573	172	19	gdp	gdp	NOUN
economy-573	172	20	.	.	PROPN
economy-573	173	1	from	from	ADP
economy-573	173	2	kolapo	kolapo	PROPN
economy-573	173	3	and	and	CCONJ
economy-573	173	4	daramola	daramola	PROPN
economy-573	173	5	(	(	PUNCT
economy-573	173	6	2012	2012	NUM
economy-573	173	7	)	)	PUNCT
economy-573	173	8	study	study	NOUN
economy-573	173	9	on	on	ADP
economy-573	173	10	impact	impact	NOUN
economy-573	173	11	of	of	ADP
economy-573	173	12	capital	capital	NOUN
economy-573	173	13	market	market	NOUN
economy-573	173	14	on	on	ADP
economy-573	173	15	economic	economic	ADJ
economy-573	173	16	growth	growth	NOUN
economy-573	173	17	,	,	PUNCT
economy-573	173	18	the	the	DET
economy-573	173	19	result	result	NOUN
economy-573	173	20	reveals	reveal	VERB
economy-573	173	21	that	that	SCONJ
economy-573	173	22	the	the	DET
economy-573	173	23	activities	activity	NOUN
economy-573	173	24	in	in	ADP
economy-573	173	25	the	the	DET
economy-573	173	26	capital	capital	NOUN
economy-573	173	27	market	market	NOUN
economy-573	173	28	tend	tend	VERB
economy-573	173	29	to	to	PART
economy-573	173	30	impact	impact	VERB
economy-573	173	31	positively	positively	ADV
economy-573	173	32	on	on	ADP
economy-573	173	33	the	the	DET
economy-573	173	34	economy	economy	NOUN
economy-573	173	35	.	.	PUNCT
economy-573	174	1	again	again	ADV
economy-573	174	2	idowu	idowu	NOUN
economy-573	174	3	and	and	CCONJ
economy-573	174	4	babatunde	babatunde	PROPN
economy-573	174	5	(	(	PUNCT
economy-573	174	6	2012	2012	NUM
economy-573	174	7	)	)	PUNCT
economy-573	174	8	studied	study	VERB
economy-573	174	9	the	the	DET
economy-573	174	10	effect	effect	NOUN
economy-573	174	11	of	of	ADP
economy-573	174	12	financial	financial	ADJ
economy-573	174	13	reforms	reform	NOUN
economy-573	174	14	on	on	ADP
economy-573	174	15	capital	capital	NOUN
economy-573	174	16	market	market	NOUN
economy-573	174	17	development	development	NOUN
economy-573	174	18	in	in	ADP
economy-573	174	19	nigeria	nigeria	PROPN
economy-573	174	20	.	.	PUNCT
economy-573	175	1	they	they	PRON
economy-573	175	2	applied	apply	VERB
economy-573	175	3	the	the	DET
economy-573	175	4	chow	chow	NOUN
economy-573	175	5	-	-	PUNCT
economy-573	175	6	breaking	break	VERB
economy-573	175	7	point	point	NOUN
economy-573	175	8	test	test	NOUN
economy-573	175	9	,	,	PUNCT
economy-573	175	10	and	and	CCONJ
economy-573	175	11	result	result	NOUN
economy-573	175	12	reveals	reveal	VERB
economy-573	175	13	that	that	SCONJ
economy-573	175	14	financial	financial	ADJ
economy-573	175	15	reform	reform	NOUN
economy-573	175	16	of	of	ADP
economy-573	175	17	1995	1995	NUM
economy-573	175	18	impacted	impact	VERB
economy-573	175	19	significantly	significantly	ADV
economy-573	175	20	on	on	ADP
economy-573	175	21	the	the	DET
economy-573	175	22	capital	capital	NOUN
economy-573	175	23	market	market	NOUN
economy-573	175	24	development	development	NOUN
economy-573	175	25	in	in	ADP
economy-573	175	26	nigeria	nigeria	PROPN
economy-573	175	27	.	.	PUNCT
economy-573	176	1	also	also	ADV
economy-573	176	2	the	the	DET
economy-573	176	3	study	study	NOUN
economy-573	176	4	by	by	ADP
economy-573	176	5	okoroafor	okoroafor	ADP
economy-573	176	6	(	(	PUNCT
economy-573	176	7	2014	2014	NUM
economy-573	176	8	)	)	PUNCT
economy-573	176	9	on	on	ADP
economy-573	176	10	the	the	DET
economy-573	176	11	efficiency	efficiency	NOUN
economy-573	176	12	of	of	ADP
economy-573	176	13	the	the	DET
economy-573	176	14	nigerian	nigerian	ADJ
economy-573	176	15	capital	capital	NOUN
economy-573	176	16	market	market	NOUN
economy-573	176	17	and	and	CCONJ
economy-573	176	18	the	the	DET
economy-573	176	19	stock	stock	NOUN
economy-573	176	20	price	price	NOUN
economy-573	176	21	volatility	volatility	NOUN
economy-573	176	22	,	,	PUNCT
economy-573	176	23	confirmed	confirm	VERB
economy-573	176	24	that	that	SCONJ
economy-573	176	25	stock	stock	NOUN
economy-573	176	26	prices	price	NOUN
economy-573	176	27	in	in	ADP
economy-573	176	28	nigerian	nigerian	ADJ
economy-573	176	29	stock	stock	NOUN
economy-573	176	30	market	market	NOUN
economy-573	176	31	is	be	AUX
economy-573	176	32	highly	highly	ADV
economy-573	176	33	volatile	volatile	ADJ
economy-573	176	34	and	and	CCONJ
economy-573	176	35	in	in	ADP
economy-573	176	36	addition	addition	NOUN
economy-573	176	37	with	with	ADP
economy-573	176	38	public	public	ADJ
economy-573	176	39	holidays	holiday	NOUN
economy-573	176	40	influences	influence	VERB
economy-573	176	41	negatively	negatively	ADV
economy-573	176	42	the	the	DET
economy-573	176	43	capital	capital	NOUN
economy-573	176	44	market	market	NOUN
economy-573	176	45	performance	performance	NOUN
economy-573	176	46	.	.	PUNCT
economy-573	177	1	again	again	ADV
economy-573	177	2	audu	audu	ADJ
economy-573	177	3	(	(	PUNCT
economy-573	177	4	2015	2015	NUM
economy-573	177	5	)	)	PUNCT
economy-573	177	6	reported	report	VERB
economy-573	177	7	that	that	SCONJ
economy-573	177	8	the	the	DET
economy-573	177	9	instituted	institute	VERB
economy-573	177	10	capital	capital	NOUN
economy-573	177	11	market	market	NOUN
economy-573	177	12	reforms	reform	NOUN
economy-573	177	13	in	in	ADP
economy-573	177	14	nigeria	nigeria	PROPN
economy-573	177	15	impacted	impact	VERB
economy-573	177	16	positively	positively	ADV
economy-573	177	17	on	on	ADP
economy-573	177	18	capital	capital	NOUN
economy-573	177	19	market	market	NOUN
economy-573	177	20	development	development	NOUN
economy-573	177	21	and	and	CCONJ
economy-573	177	22	economic	economic	ADJ
economy-573	177	23	growth	growth	NOUN
economy-573	177	24	in	in	ADP
economy-573	177	25	nigeria	nigeria	PROPN
economy-573	177	26	.	.	PUNCT
economy-573	178	1	3	3	X
economy-573	178	2	.	.	X
economy-573	178	3	analytical	analytical	ADJ
economy-573	178	4	methodology	methodology	NOUN
economy-573	178	5	the	the	DET
economy-573	178	6	method	method	NOUN
economy-573	178	7	adopted	adopt	VERB
economy-573	178	8	in	in	ADP
economy-573	178	9	arriving	arrive	VERB
economy-573	178	10	at	at	ADP
economy-573	178	11	solution	solution	NOUN
economy-573	178	12	to	to	ADP
economy-573	178	13	research	research	NOUN
economy-573	178	14	question	question	NOUN
economy-573	178	15	is	be	AUX
economy-573	178	16	very	very	ADV
economy-573	178	17	vital	vital	ADJ
economy-573	178	18	to	to	ADP
economy-573	178	19	empirical	empirical	ADJ
economy-573	178	20	studies	study	NOUN
economy-573	178	21	.	.	PUNCT
economy-573	179	1	previous	previous	ADJ
economy-573	179	2	empirical	empirical	ADJ
economy-573	179	3	studies	study	NOUN
economy-573	179	4	as	as	SCONJ
economy-573	179	5	reviewed	review	VERB
economy-573	179	6	have	have	AUX
economy-573	179	7	suggested	suggest	VERB
economy-573	179	8	a	a	DET
economy-573	179	9	connection	connection	NOUN
economy-573	179	10	between	between	ADP
economy-573	179	11	capital	capital	NOUN
economy-573	179	12	market	market	NOUN
economy-573	179	13	development	development	NOUN
economy-573	179	14	and	and	CCONJ
economy-573	179	15	economic	economic	ADJ
economy-573	179	16	growth	growth	NOUN
economy-573	179	17	.	.	PUNCT
economy-573	180	1	most	most	ADJ
economy-573	180	2	of	of	ADP
economy-573	180	3	the	the	DET
economy-573	180	4	relationship	relationship	NOUN
economy-573	180	5	posted	post	VERB
economy-573	180	6	is	be	AUX
economy-573	180	7	a	a	DET
economy-573	180	8	causal	causal	ADJ
economy-573	180	9	one	one	NOUN
economy-573	180	10	,	,	PUNCT
economy-573	180	11	with	with	ADP
economy-573	180	12	no	no	DET
economy-573	180	13	unified	unified	ADJ
economy-573	180	14	model	model	NOUN
economy-573	180	15	where	where	SCONJ
economy-573	180	16	impact	impact	NOUN
economy-573	180	17	of	of	ADP
economy-573	180	18	capital	capital	NOUN
economy-573	180	19	market	market	NOUN
economy-573	180	20	reforms	reform	NOUN
economy-573	180	21	on	on	ADP
economy-573	180	22	stock	stock	NOUN
economy-573	180	23	market	market	NOUN
economy-573	180	24	development	development	NOUN
economy-573	180	25	and	and	CCONJ
economy-573	180	26	economic	economic	ADJ
economy-573	180	27	growth	growth	NOUN
economy-573	180	28	are	be	AUX
economy-573	180	29	examined	examine	VERB
economy-573	180	30	simultaneously	simultaneously	ADV
economy-573	180	31	.	.	PUNCT
economy-573	181	1	this	this	PRON
economy-573	181	2	being	be	AUX
economy-573	181	3	the	the	DET
economy-573	181	4	fact	fact	NOUN
economy-573	181	5	,	,	PUNCT
economy-573	181	6	the	the	DET
economy-573	181	7	question	question	NOUN
economy-573	181	8	“	"	PUNCT
economy-573	181	9	do	do	AUX
economy-573	181	10	capital	capital	NOUN
economy-573	181	11	market	market	NOUN
economy-573	181	12	reforms	reform	NOUN
economy-573	181	13	have	have	AUX
economy-573	181	14	effect	effect	NOUN
economy-573	181	15	on	on	ADP
economy-573	181	16	the	the	DET
economy-573	181	17	development	development	NOUN
economy-573	181	18	of	of	ADP
economy-573	181	19	stock	stock	NOUN
economy-573	181	20	market	market	NOUN
economy-573	181	21	and	and	CCONJ
economy-573	181	22	economic	economic	ADJ
economy-573	181	23	growth	growth	NOUN
economy-573	181	24	in	in	ADP
economy-573	181	25	nigeria	nigeria	PROPN
economy-573	181	26	remains	remain	VERB
economy-573	181	27	unanswered	unanswered	ADJ
economy-573	181	28	.	.	PUNCT
economy-573	182	1	to	to	PART
economy-573	182	2	provide	provide	VERB
economy-573	182	3	the	the	DET
economy-573	182	4	required	require	VERB
economy-573	182	5	answers	answer	NOUN
economy-573	182	6	to	to	ADP
economy-573	182	7	the	the	DET
economy-573	182	8	stated	state	VERB
economy-573	182	9	problem	problem	NOUN
economy-573	182	10	of	of	ADP
economy-573	182	11	this	this	DET
economy-573	182	12	study	study	NOUN
economy-573	182	13	,	,	PUNCT
economy-573	182	14	we	we	PRON
economy-573	182	15	employed	employ	VERB
economy-573	182	16	generalized	generalized	ADJ
economy-573	182	17	method	method	NOUN
economy-573	182	18	of	of	ADP
economy-573	182	19	moment	moment	NOUN
economy-573	182	20	(	(	PUNCT
economy-573	182	21	gmm	gmm	NOUN
economy-573	182	22	)	)	PUNCT
economy-573	182	23	technique	technique	NOUN
economy-573	182	24	.	.	PUNCT
economy-573	183	1	3.1	3.1	NUM
economy-573	183	2	.	.	PUNCT
economy-573	184	1	the	the	DET
economy-573	184	2	model	model	NOUN
economy-573	184	3	specification	specification	NOUN
economy-573	184	4	the	the	DET
economy-573	184	5	study	study	NOUN
economy-573	184	6	is	be	AUX
economy-573	184	7	focused	focus	VERB
economy-573	184	8	to	to	PART
economy-573	184	9	examine	examine	VERB
economy-573	184	10	the	the	DET
economy-573	184	11	roles	role	NOUN
economy-573	184	12	of	of	ADP
economy-573	184	13	lagged	lag	VERB
economy-573	184	14	values	value	NOUN
economy-573	184	15	of	of	ADP
economy-573	184	16	the	the	DET
economy-573	184	17	following	following	NOUN
economy-573	184	18	:	:	PUNCT
economy-573	184	19	market	market	NOUN
economy-573	184	20	capitalization	capitalization	NOUN
economy-573	184	21	,	,	PUNCT
economy-573	184	22	index	index	NOUN
economy-573	184	23	of	of	ADP
economy-573	184	24	stock	stock	NOUN
economy-573	184	25	prices	price	NOUN
economy-573	184	26	,	,	PUNCT
economy-573	184	27	volume	volume	NOUN
economy-573	184	28	traded	trade	VERB
economy-573	184	29	,	,	PUNCT
economy-573	184	30	turn	turn	NOUN
economy-573	184	31	-	-	PUNCT
economy-573	184	32	over	over	ADP
economy-573	184	33	ratios	ratio	NOUN
economy-573	184	34	,	,	PUNCT
economy-573	184	35	foreign	foreign	ADJ
economy-573	184	36	portfolio	portfolio	NOUN
economy-573	184	37	investment	investment	NOUN
economy-573	184	38	,	,	PUNCT
economy-573	184	39	real	real	ADJ
economy-573	184	40	gross	gross	ADJ
economy-573	184	41	domestic	domestic	ADJ
economy-573	184	42	product	product	NOUN
economy-573	184	43	,	,	PUNCT
economy-573	184	44	money	money	NOUN
economy-573	184	45	supply	supply	NOUN
economy-573	184	46	and	and	CCONJ
economy-573	184	47	openness	openness	NOUN
economy-573	184	48	of	of	ADP
economy-573	184	49	the	the	DET
economy-573	184	50	economy	economy	NOUN
economy-573	184	51	on	on	ADP
economy-573	184	52	market	market	NOUN
economy-573	184	53	capitalization	capitalization	NOUN
economy-573	184	54	.	.	PUNCT
economy-573	185	1	it	it	PRON
economy-573	185	2	is	be	AUX
economy-573	185	3	also	also	ADV
economy-573	185	4	aimed	aim	VERB
economy-573	185	5	at	at	ADP
economy-573	185	6	establishing	establish	VERB
economy-573	185	7	the	the	DET
economy-573	185	8	impacts	impact	NOUN
economy-573	185	9	of	of	ADP
economy-573	185	10	capital	capital	NOUN
economy-573	185	11	market	market	NOUN
economy-573	185	12	developmental	developmental	NOUN
economy-573	185	13	indices	index	NOUN
economy-573	185	14	on	on	ADP
economy-573	185	15	the	the	DET
economy-573	185	16	economic	economic	ADJ
economy-573	185	17	growth	growth	NOUN
economy-573	185	18	.	.	PUNCT
economy-573	186	1	structurally	structurally	ADV
economy-573	186	2	,	,	PUNCT
economy-573	186	3	the	the	DET
economy-573	186	4	equations	equation	NOUN
economy-573	186	5	are	be	AUX
economy-573	186	6	given	give	VERB
economy-573	186	7	as	as	ADP
economy-573	186	8	:	:	PUNCT
economy-573	186	9	mcap	mcap	NOUN
economy-573	186	10	=	=	SYM
economy-573	186	11	f	f	X
economy-573	186	12	(	(	PUNCT
economy-573	186	13	mcapt	mcapt	NOUN
economy-573	186	14	-	-	PUNCT
economy-573	186	15	i	i	PRON
economy-573	186	16	,	,	PUNCT
economy-573	186	17	indxt	indxt	NOUN
economy-573	186	18	-	-	PUNCT
economy-573	186	19	i	i	NOUN
economy-573	186	20	,	,	PUNCT
economy-573	186	21	vtrt	vtrt	PROPN
economy-573	186	22	-	-	PUNCT
economy-573	186	23	i	i	PROPN
economy-573	186	24	,	,	PUNCT
economy-573	186	25	tvrt	tvrt	NOUN
economy-573	186	26	-	-	PUNCT
economy-573	186	27	i	i	NOUN
economy-573	186	28	,	,	PUNCT
economy-573	186	29	fpit	fpit	PROPN
economy-573	186	30	-	-	PUNCT
economy-573	186	31	i	i	PROPN
economy-573	186	32	,	,	PUNCT
economy-573	186	33	rgdpt	rgdpt	PROPN
economy-573	186	34	-	-	PUNCT
economy-573	186	35	i.	i.	NOUN
economy-573	186	36	m2t	m2t	PROPN
economy-573	186	37	-	-	PROPN
economy-573	186	38	i	i	PROPN
economy-573	186	39	,	,	PUNCT
economy-573	186	40	,	,	PUNCT
economy-573	186	41	opnt	opnt	NOUN
economy-573	186	42	-	-	PUNCT
economy-573	186	43	i	i	PRON
economy-573	186	44	)	)	PUNCT
economy-573	186	45	…	…	PUNCT
economy-573	186	46	…	…	PUNCT
economy-573	186	47	…	…	PUNCT
economy-573	186	48	…	…	PUNCT
economy-573	186	49	…	…	PUNCT
economy-573	186	50	.	.	PUNCT
economy-573	186	51	…	…	PUNCT
economy-573	186	52	3.1.1	3.1.1	NUM
economy-573	186	53	where	where	SCONJ
economy-573	186	54	:	:	PUNCT
economy-573	186	55	mcap=	mcap=	NUM
economy-573	186	56	stock	stock	NOUN
economy-573	186	57	market	market	NOUN
economy-573	186	58	capitalization	capitalization	NOUN
economy-573	186	59	.	.	PUNCT
economy-573	187	1	indx	indx	PROPN
economy-573	188	1	=	=	PROPN
economy-573	188	2	index	index	NOUN
economy-573	188	3	of	of	ADP
economy-573	188	4	stock	stock	NOUN
economy-573	188	5	prices	price	NOUN
economy-573	188	6	.	.	PUNCT
economy-573	189	1	vtr	vtr	NOUN
economy-573	190	1	=	=	NOUN
economy-573	190	2	volume	volume	NOUN
economy-573	190	3	traded	trade	VERB
economy-573	190	4	tvr	tvr	NOUN
economy-573	190	5	=	=	PUNCT
economy-573	190	6	turn	turn	VERB
economy-573	190	7	over	over	ADP
economy-573	190	8	ratios	ratio	NOUN
economy-573	190	9	.	.	PUNCT
economy-573	191	1	fpi	fpi	PROPN
economy-573	191	2	=	=	PROPN
economy-573	191	3	foreign	foreign	ADJ
economy-573	191	4	portfolio	portfolio	NOUN
economy-573	191	5	investment	investment	NOUN
economy-573	191	6	.	.	PUNCT
economy-573	192	1	rgdp	rgdp	NOUN
economy-573	192	2	=	=	PUNCT
economy-573	192	3	real	real	ADJ
economy-573	192	4	gross	gross	ADJ
economy-573	192	5	domestic	domestic	ADJ
economy-573	192	6	product	product	NOUN
economy-573	192	7	.	.	PUNCT
economy-573	193	1	m2	m2	PROPN
economy-573	193	2	=	=	PUNCT
economy-573	193	3	money	money	NOUN
economy-573	193	4	supply	supply	NOUN
economy-573	193	5	opn	opn	PROPN
economy-573	193	6	=	=	PROPN
economy-573	193	7	openness	openness	NOUN
economy-573	193	8	of	of	ADP
economy-573	193	9	the	the	DET
economy-573	193	10	economy	economy	NOUN
economy-573	193	11	the	the	DET
economy-573	193	12	explicit	explicit	ADJ
economy-573	193	13	form	form	NOUN
economy-573	193	14	of	of	ADP
economy-573	193	15	equation	equation	NOUN
economy-573	193	16	3.1.1	3.1.1	NOUN
economy-573	193	17	is	be	AUX
economy-573	193	18	represented	represent	VERB
economy-573	193	19	as	as	ADP
economy-573	193	20	:	:	PUNCT
economy-573	193	21	mcap	mcap	NOUN
economy-573	193	22	=	=	X
economy-573	193	23	ᵦ0	ᵦ0	PROPN
economy-573	193	24	+	+	CCONJ
economy-573	193	25	ᵦ1mcapt	ᵦ1mcapt	NOUN
economy-573	193	26	-	-	PUNCT
economy-573	193	27	i	i	NOUN
economy-573	193	28	+	+	NOUN
economy-573	193	29	ᵦ2indxt	ᵦ2indxt	NOUN
economy-573	193	30	-	-	PUNCT
economy-573	193	31	i,+	i,+	NUM
economy-573	193	32	ᵦ3	ᵦ3	NOUN
economy-573	193	33	vtrt	vtrt	NOUN
economy-573	193	34	-	-	PUNCT
economy-573	193	35	i	i	PRON
economy-573	193	36	+	+	CCONJ
economy-573	193	37	ᵦ4tvrt	ᵦ4tvrt	PROPN
economy-573	193	38	-	-	PUNCT
economy-573	193	39	i	i	NOUN
economy-573	193	40	+	+	CCONJ
economy-573	193	41	ᵦ5fpit	ᵦ5fpit	NOUN
economy-573	193	42	-	-	PUNCT
economy-573	193	43	i	i	PRON
economy-573	193	44	+	+	PUNCT
economy-573	193	45	ᵦ6rgdpt	ᵦ6rgdpt	PROPN
economy-573	193	46	-	-	PUNCT
economy-573	193	47	i	i	PRON
economy-573	193	48	+	+	CCONJ
economy-573	193	49	ᵦ7m2t	ᵦ7m2t	NOUN
economy-573	193	50	-	-	ADJ
economy-573	193	51	i	i	PRON
economy-573	193	52	+	+	NOUN
economy-573	193	53	ᵦ8opnt	ᵦ8opnt	NOUN
economy-573	193	54	-	-	PUNCT
economy-573	193	55	i	i	PROPN
economy-573	193	56	+	+	CCONJ
economy-573	193	57	μt	μt	PROPN
economy-573	193	58	…	…	NUM
economy-573	193	59	…	…	PUNCT
economy-573	193	60	…	…	PUNCT
economy-573	193	61	…	…	PUNCT
economy-573	193	62	…	…	PUNCT
economy-573	193	63	…	…	PUNCT
economy-573	193	64	…	…	PUNCT
economy-573	193	65	…	…	PUNCT
economy-573	193	66	…	…	PUNCT
economy-573	193	67	…	…	PUNCT
economy-573	193	68	…	…	PUNCT
economy-573	193	69	…	…	PUNCT
economy-573	193	70	…	…	PUNCT
economy-573	193	71	…	…	PUNCT
economy-573	193	72	…	…	PUNCT
economy-573	193	73	…	…	PUNCT
economy-573	193	74	…	…	PUNCT
economy-573	193	75	…	…	PUNCT
economy-573	193	76	…	…	PUNCT
economy-573	193	77	…	…	PUNCT
economy-573	193	78	…	…	PUNCT
economy-573	193	79	…	…	PUNCT
economy-573	193	80	…	…	PUNCT
economy-573	193	81	…	…	PUNCT
economy-573	193	82	…	…	PUNCT
economy-573	193	83	…	…	PUNCT
economy-573	193	84	…	…	PUNCT
economy-573	193	85	…	…	PUNCT
economy-573	193	86	…	…	PUNCT
economy-573	193	87	…	…	PUNCT
economy-573	193	88	…	…	PUNCT
economy-573	193	89	…	…	PUNCT
economy-573	193	90	…	…	PUNCT
economy-573	193	91	…	…	PUNCT
economy-573	193	92	…	…	PUNCT
economy-573	193	93	…	…	PUNCT
economy-573	193	94	…	…	PUNCT
economy-573	193	95	3.1.2	3.1.2	NUM
economy-573	193	96	on	on	ADP
economy-573	193	97	the	the	DET
economy-573	193	98	other	other	ADJ
economy-573	193	99	hand	hand	NOUN
economy-573	193	100	the	the	DET
economy-573	193	101	impact	impact	NOUN
economy-573	193	102	of	of	ADP
economy-573	193	103	capital	capital	NOUN
economy-573	193	104	market	market	NOUN
economy-573	193	105	development	development	NOUN
economy-573	193	106	on	on	ADP
economy-573	193	107	economic	economic	ADJ
economy-573	193	108	growth	growth	NOUN
economy-573	193	109	is	be	AUX
economy-573	193	110	stated	state	VERB
economy-573	193	111	as	as	ADP
economy-573	193	112	:	:	PUNCT
economy-573	193	113	rgdp	rgdp	NOUN
economy-573	193	114	=	=	SYM
economy-573	193	115	f	f	X
economy-573	193	116	(	(	PUNCT
economy-573	193	117	rgdpt	rgdpt	NOUN
economy-573	193	118	-	-	PUNCT
economy-573	193	119	i	i	PRON
economy-573	193	120	,	,	PUNCT
economy-573	193	121	mcapt	mcapt	NOUN
economy-573	193	122	-	-	PUNCT
economy-573	193	123	i	i	PRON
economy-573	193	124	,	,	PUNCT
economy-573	193	125	vtrt	vtrt	PROPN
economy-573	193	126	-	-	PUNCT
economy-573	193	127	i	i	PRON
economy-573	193	128	,	,	PUNCT
economy-573	193	129	tvrt	tvrt	NOUN
economy-573	193	130	-	-	PUNCT
economy-573	193	131	i	i	NOUN
economy-573	193	132	,	,	PUNCT
economy-573	193	133	opnt	opnt	NOUN
economy-573	193	134	-	-	PUNCT
economy-573	193	135	i	i	PRON
economy-573	193	136	)	)	PUNCT
economy-573	193	137	…	…	PUNCT
economy-573	193	138	…	…	PUNCT
economy-573	193	139	…	…	PUNCT
economy-573	193	140	…	…	PUNCT
economy-573	193	141	…	…	PUNCT
economy-573	193	142	…	…	PUNCT
economy-573	193	143	…	…	PUNCT
economy-573	193	144	…	…	PUNCT
economy-573	193	145	…	…	PUNCT
economy-573	193	146	…	…	PUNCT
economy-573	193	147	…	…	PUNCT
economy-573	193	148	…	…	PUNCT
economy-573	193	149	…	…	PUNCT
economy-573	193	150	…	…	PUNCT
economy-573	193	151	…	…	PUNCT
economy-573	193	152	3.1.3	3.1.3	NUM
economy-573	193	153	where	where	SCONJ
economy-573	193	154	:	:	PUNCT
economy-573	193	155	rgdp	rgdp	NOUN
economy-573	193	156	=	=	PUNCT
economy-573	193	157	real	real	ADJ
economy-573	193	158	gross	gross	ADJ
economy-573	193	159	domestic	domestic	ADJ
economy-573	193	160	product	product	NOUN
economy-573	193	161	.	.	PUNCT
economy-573	194	1	mcap=	mcap=	NUM
economy-573	194	2	stock	stock	NOUN
economy-573	194	3	market	market	NOUN
economy-573	194	4	capitalization	capitalization	NOUN
economy-573	194	5	.	.	PUNCT
economy-573	195	1	vtr	vtr	NOUN
economy-573	196	1	=	=	NOUN
economy-573	196	2	volume	volume	NOUN
economy-573	196	3	traded	trade	VERB
economy-573	196	4	tvr	tvr	NOUN
economy-573	196	5	=	=	PUNCT
economy-573	196	6	turn	turn	VERB
economy-573	196	7	over	over	ADP
economy-573	196	8	ratios	ratio	NOUN
economy-573	196	9	.	.	PUNCT
economy-573	197	1	opn	opn	PROPN
economy-573	197	2	=	=	PROPN
economy-573	197	3	openness	openness	NOUN
economy-573	197	4	of	of	ADP
economy-573	197	5	the	the	DET
economy-573	197	6	economy	economy	NOUN
economy-573	197	7	.	.	PUNCT
economy-573	198	1	explicitly	explicitly	ADV
economy-573	198	2	,	,	PUNCT
economy-573	198	3	the	the	DET
economy-573	198	4	equation	equation	NOUN
economy-573	198	5	3.1.3	3.1.3	NUM
economy-573	198	6	becomes	become	VERB
economy-573	198	7	:	:	PUNCT
economy-573	198	8	rgdp	rgdp	NOUN
economy-573	198	9	=	=	SYM
economy-573	198	10	λ0	λ0	NOUN
economy-573	198	11	+	+	X
economy-573	198	12	λ1	λ1	ADJ
economy-573	198	13	rgdpt	rgdpt	NOUN
economy-573	198	14	-	-	PUNCT
economy-573	198	15	i	i	NOUN
economy-573	198	16	+	+	CCONJ
economy-573	198	17	λ2	λ2	NOUN
economy-573	198	18	mcapt	mcapt	NOUN
economy-573	198	19	-	-	PUNCT
economy-573	198	20	i	i	PRON
economy-573	198	21	+	+	NOUN
economy-573	198	22	λ3vtrt	λ3vtrt	NOUN
economy-573	198	23	-	-	PUNCT
economy-573	198	24	i	i	PRON
economy-573	198	25	+	+	CCONJ
economy-573	198	26	λ4	λ4	VERB
economy-573	198	27	tvrt	tvrt	NOUN
economy-573	198	28	-	-	PUNCT
economy-573	198	29	i	i	NOUN
economy-573	198	30	+	+	CCONJ
economy-573	198	31	λ6	λ6	PROPN
economy-573	198	32	opnt	opnt	NOUN
economy-573	198	33	-	-	PUNCT
economy-573	198	34	i	i	PROPN
economy-573	198	35	+	+	NUM
economy-573	198	36	εt	εt	PROPN
economy-573	198	37	…	…	PUNCT
economy-573	198	38	…	…	PUNCT
economy-573	198	39	...	...	PUNCT
economy-573	198	40	…	…	PUNCT
economy-573	198	41	3.1.4	3.1.4	NUM
economy-573	198	42	economy	economy	NOUN
economy-573	198	43	,	,	PUNCT
economy-573	198	44	2016	2016	NUM
economy-573	198	45	,	,	PUNCT
economy-573	198	46	3(1	3(1	NUM
economy-573	198	47	):	):	PUNCT
economy-573	198	48	31	31	NUM
economy-573	198	49	-	-	SYM
economy-573	198	50	39	39	NUM
economy-573	198	51	36	36	NUM
economy-573	198	52	3.2	3.2	NUM
economy-573	198	53	.	.	PUNCT
economy-573	199	1	validity	validity	NOUN
economy-573	199	2	of	of	ADP
economy-573	199	3	the	the	DET
economy-573	199	4	method	method	NOUN
economy-573	199	5	the	the	DET
economy-573	199	6	use	use	NOUN
economy-573	199	7	of	of	ADP
economy-573	199	8	gmm	gmm	PROPN
economy-573	199	9	is	be	AUX
economy-573	199	10	informed	inform	VERB
economy-573	199	11	by	by	ADP
economy-573	199	12	the	the	DET
economy-573	199	13	fact	fact	NOUN
economy-573	199	14	that	that	SCONJ
economy-573	199	15	the	the	DET
economy-573	199	16	two	two	NUM
economy-573	199	17	relationships	relationship	NOUN
economy-573	199	18	to	to	PART
economy-573	199	19	be	be	AUX
economy-573	199	20	studied	study	VERB
economy-573	199	21	are	be	AUX
economy-573	199	22	characterized	characterize	VERB
economy-573	199	23	by	by	ADP
economy-573	199	24	joint	joint	ADJ
economy-573	199	25	endogeneity	endogeneity	NOUN
economy-573	199	26	of	of	ADP
economy-573	199	27	some	some	DET
economy-573	199	28	variables	variable	NOUN
economy-573	199	29	involved	involve	VERB
economy-573	199	30	in	in	ADP
economy-573	199	31	the	the	DET
economy-573	199	32	study	study	NOUN
economy-573	199	33	.	.	PUNCT
economy-573	200	1	besides	besides	SCONJ
economy-573	200	2	in	in	ADP
economy-573	200	3	a	a	DET
economy-573	200	4	system	system	NOUN
economy-573	200	5	of	of	ADP
economy-573	200	6	simultaneous	simultaneous	ADJ
economy-573	200	7	equation	equation	NOUN
economy-573	200	8	,	,	PUNCT
economy-573	200	9	the	the	DET
economy-573	200	10	issue	issue	NOUN
economy-573	200	11	of	of	ADP
economy-573	200	12	identification	identification	NOUN
economy-573	200	13	is	be	AUX
economy-573	200	14	upheld	uphold	VERB
economy-573	200	15	.	.	PUNCT
economy-573	201	1	in	in	ADP
economy-573	201	2	the	the	DET
economy-573	201	3	case	case	NOUN
economy-573	201	4	of	of	ADP
economy-573	201	5	over	over	ADP
economy-573	201	6	-	-	PUNCT
economy-573	201	7	identification	identification	NOUN
economy-573	201	8	,	,	PUNCT
economy-573	201	9	the	the	DET
economy-573	201	10	method	method	NOUN
economy-573	201	11	of	of	ADP
economy-573	201	12	indirect	indirect	ADJ
economy-573	201	13	least	least	ADJ
economy-573	201	14	square	square	NOUN
economy-573	201	15	is	be	AUX
economy-573	201	16	not	not	PART
economy-573	201	17	appropriate	appropriate	ADJ
economy-573	201	18	.	.	PUNCT
economy-573	202	1	other	other	ADJ
economy-573	202	2	methods	method	NOUN
economy-573	202	3	such	such	ADJ
economy-573	202	4	as	as	ADP
economy-573	202	5	two	two	NUM
economy-573	202	6	stage	stage	NOUN
economy-573	202	7	least	least	ADJ
economy-573	202	8	squares	square	NOUN
economy-573	202	9	(	(	PUNCT
economy-573	202	10	tsls	tsls	NOUN
economy-573	202	11	)	)	PUNCT
economy-573	202	12	,	,	PUNCT
economy-573	202	13	three	three	NUM
economy-573	202	14	stage	stage	NOUN
economy-573	202	15	least	least	ADJ
economy-573	202	16	squares	square	NOUN
economy-573	202	17	(	(	PUNCT
economy-573	202	18	3sls	3sls	NOUN
economy-573	202	19	)	)	PUNCT
economy-573	202	20	,	,	PUNCT
economy-573	202	21	seemingly	seemingly	ADV
economy-573	202	22	unrelated	unrelated	ADJ
economy-573	202	23	regression	regression	NOUN
economy-573	202	24	(	(	PUNCT
economy-573	202	25	sur	sur	PROPN
economy-573	202	26	)	)	PUNCT
economy-573	202	27	,	,	PUNCT
economy-573	202	28	general	general	ADJ
economy-573	202	29	least	least	ADJ
economy-573	202	30	squares	square	NOUN
economy-573	202	31	(	(	PUNCT
economy-573	202	32	gls	gls	PROPN
economy-573	202	33	)	)	PUNCT
economy-573	202	34	and	and	CCONJ
economy-573	202	35	generalized	generalized	ADJ
economy-573	202	36	method	method	NOUN
economy-573	202	37	of	of	ADP
economy-573	202	38	moments	moment	NOUN
economy-573	202	39	(	(	PUNCT
economy-573	202	40	gmm	gmm	NOUN
economy-573	202	41	)	)	PUNCT
economy-573	202	42	are	be	AUX
economy-573	202	43	favoured	favour	VERB
economy-573	202	44	.	.	PUNCT
economy-573	203	1	however	however	ADV
economy-573	203	2	,	,	PUNCT
economy-573	203	3	if	if	SCONJ
economy-573	203	4	the	the	DET
economy-573	203	5	rank	rank	NOUN
economy-573	203	6	condition	condition	NOUN
economy-573	203	7	is	be	AUX
economy-573	203	8	satisfied	satisfied	ADJ
economy-573	203	9	,	,	PUNCT
economy-573	203	10	the	the	DET
economy-573	203	11	most	most	ADV
economy-573	203	12	appropriate	appropriate	ADJ
economy-573	203	13	of	of	ADP
economy-573	203	14	these	these	DET
economy-573	203	15	techniques	technique	NOUN
economy-573	203	16	to	to	PART
economy-573	203	17	apply	apply	VERB
economy-573	203	18	is	be	AUX
economy-573	203	19	the	the	DET
economy-573	203	20	gmm	gmm	NOUN
economy-573	203	21	according	accord	VERB
economy-573	203	22	to	to	ADP
economy-573	203	23	gujarati	gujarati	PROPN
economy-573	203	24	(	(	PUNCT
economy-573	203	25	2005	2005	NUM
economy-573	203	26	)	)	PUNCT
economy-573	203	27	and	and	CCONJ
economy-573	203	28	yartey	yartey	PROPN
economy-573	203	29	(	(	PUNCT
economy-573	203	30	2008	2008	NUM
economy-573	203	31	)	)	PUNCT
economy-573	203	32	.	.	PUNCT
economy-573	204	1	from	from	ADP
economy-573	204	2	our	our	PRON
economy-573	204	3	simultaneous	simultaneous	ADJ
economy-573	204	4	equation	equation	NOUN
economy-573	204	5	system	system	NOUN
economy-573	204	6	,	,	PUNCT
economy-573	204	7	some	some	PRON
economy-573	204	8	of	of	ADP
economy-573	204	9	the	the	DET
economy-573	204	10	explanatory	explanatory	ADJ
economy-573	204	11	variables	variable	NOUN
economy-573	204	12	in	in	ADP
economy-573	204	13	the	the	DET
economy-573	204	14	model	model	NOUN
economy-573	204	15	are	be	AUX
economy-573	204	16	either	either	CCONJ
economy-573	204	17	simultaneously	simultaneously	ADV
economy-573	204	18	determined	determine	VERB
economy-573	204	19	with	with	ADP
economy-573	204	20	the	the	DET
economy-573	204	21	dependent	dependent	ADJ
economy-573	204	22	variables	variable	NOUN
economy-573	204	23	or	or	CCONJ
economy-573	204	24	have	have	VERB
economy-573	204	25	a	a	DET
economy-573	204	26	two	two	NUM
economy-573	204	27	way	way	NOUN
economy-573	204	28	causal	causal	ADJ
economy-573	204	29	relationship	relationship	NOUN
economy-573	204	30	with	with	ADP
economy-573	204	31	it	it	PRON
economy-573	204	32	.	.	PUNCT
economy-573	205	1	in	in	ADP
economy-573	205	2	the	the	DET
economy-573	205	3	presence	presence	NOUN
economy-573	205	4	of	of	ADP
economy-573	205	5	correlation	correlation	NOUN
economy-573	205	6	between	between	ADP
economy-573	205	7	the	the	DET
economy-573	205	8	right	right	ADJ
economy-573	205	9	hand	hand	NOUN
economy-573	205	10	side	side	NOUN
economy-573	205	11	variable	variable	NOUN
economy-573	205	12	and	and	CCONJ
economy-573	205	13	that	that	PRON
economy-573	205	14	of	of	ADP
economy-573	205	15	the	the	DET
economy-573	205	16	left	left	ADJ
economy-573	205	17	hand	hand	NOUN
economy-573	205	18	side	side	NOUN
economy-573	205	19	,	,	PUNCT
economy-573	205	20	estimation	estimation	NOUN
economy-573	205	21	method	method	NOUN
economy-573	205	22	such	such	ADJ
economy-573	205	23	as	as	ADP
economy-573	205	24	ols	ol	NOUN
economy-573	205	25	will	will	AUX
economy-573	205	26	not	not	PART
economy-573	205	27	be	be	AUX
economy-573	205	28	consistent	consistent	ADJ
economy-573	205	29	because	because	SCONJ
economy-573	205	30	assumption	assumption	NOUN
economy-573	205	31	of	of	ADP
economy-573	205	32	strict	strict	ADJ
economy-573	205	33	exogeneity	exogeneity	NOUN
economy-573	205	34	of	of	ADP
economy-573	205	35	the	the	DET
economy-573	205	36	explanatory	explanatory	ADJ
economy-573	205	37	variables	variable	NOUN
economy-573	205	38	would	would	AUX
economy-573	205	39	be	be	AUX
economy-573	205	40	violated	violate	VERB
economy-573	205	41	.	.	PUNCT
economy-573	206	1	again	again	ADV
economy-573	206	2	the	the	DET
economy-573	206	3	orthogonalised	orthogonalised	ADJ
economy-573	206	4	condition	condition	NOUN
economy-573	206	5	between	between	ADP
economy-573	206	6	error	error	NOUN
economy-573	206	7	term	term	NOUN
economy-573	206	8	and	and	CCONJ
economy-573	206	9	regressors	regressor	NOUN
economy-573	206	10	are	be	AUX
economy-573	206	11	not	not	PART
economy-573	206	12	likely	likely	ADJ
economy-573	206	13	to	to	PART
economy-573	206	14	meet	meet	VERB
economy-573	206	15	for	for	ADP
economy-573	206	16	either	either	CCONJ
economy-573	206	17	gls	gls	PROPN
economy-573	206	18	or	or	CCONJ
economy-573	206	19	sur	sur	PROPN
economy-573	206	20	estimator	estimator	NOUN
economy-573	206	21	to	to	PART
economy-573	206	22	produce	produce	VERB
economy-573	206	23	consistent	consistent	ADJ
economy-573	206	24	estimation	estimation	NOUN
economy-573	206	25	.	.	PUNCT
economy-573	207	1	it	it	PRON
economy-573	207	2	is	be	AUX
economy-573	207	3	still	still	ADV
economy-573	207	4	possible	possible	ADJ
economy-573	207	5	to	to	PART
economy-573	207	6	achieve	achieve	VERB
economy-573	207	7	the	the	DET
economy-573	207	8	orthogonal	orthogonal	ADJ
economy-573	207	9	condition	condition	NOUN
economy-573	207	10	between	between	ADP
economy-573	207	11	the	the	DET
economy-573	207	12	error	error	NOUN
economy-573	207	13	term	term	NOUN
economy-573	207	14	and	and	CCONJ
economy-573	207	15	the	the	DET
economy-573	207	16	regressors	regressor	NOUN
economy-573	207	17	through	through	ADP
economy-573	207	18	appropriate	appropriate	ADJ
economy-573	207	19	differencing	differencing	NOUN
economy-573	207	20	of	of	ADP
economy-573	207	21	data	datum	NOUN
economy-573	207	22	.	.	PUNCT
economy-573	208	1	however	however	ADV
economy-573	208	2	because	because	SCONJ
economy-573	208	3	equations	equation	NOUN
economy-573	208	4	contains	contain	VERB
economy-573	208	5	endogenous	endogenous	ADJ
economy-573	208	6	regressors	regressor	NOUN
economy-573	208	7	as	as	ADV
economy-573	208	8	well	well	ADV
economy-573	208	9	as	as	ADP
economy-573	208	10	effects	effect	NOUN
economy-573	208	11	of	of	ADP
economy-573	208	12	lagged	lag	VERB
economy-573	208	13	endogenous	endogenous	ADJ
economy-573	208	14	variables	variable	NOUN
economy-573	208	15	,	,	PUNCT
economy-573	208	16	the	the	DET
economy-573	208	17	error	error	NOUN
economy-573	208	18	term	term	NOUN
economy-573	208	19	in	in	ADP
economy-573	208	20	the	the	DET
economy-573	208	21	differenced	difference	VERB
economy-573	208	22	equation	equation	NOUN
economy-573	208	23	is	be	AUX
economy-573	208	24	correlated	correlate	VERB
economy-573	208	25	with	with	ADP
economy-573	208	26	the	the	DET
economy-573	208	27	lagged	lag	VERB
economy-573	208	28	dependent	dependent	ADJ
economy-573	208	29	variable	variable	NOUN
economy-573	208	30	through	through	ADP
economy-573	208	31	contemporaneous	contemporaneous	ADJ
economy-573	208	32	error	error	NOUN
economy-573	208	33	term	term	NOUN
economy-573	208	34	.	.	PUNCT
economy-573	209	1	therefore	therefore	ADV
economy-573	209	2	,	,	PUNCT
economy-573	209	3	neither	neither	DET
economy-573	209	4	application	application	NOUN
economy-573	209	5	of	of	ADP
economy-573	209	6	gls	gls	PROPN
economy-573	209	7	or	or	CCONJ
economy-573	209	8	sur	sur	PROPN
economy-573	209	9	estimator	estimator	NOUN
economy-573	209	10	will	will	AUX
economy-573	209	11	produce	produce	VERB
economy-573	209	12	consistent	consistent	ADJ
economy-573	209	13	estimates	estimate	NOUN
economy-573	209	14	under	under	ADP
economy-573	209	15	this	this	DET
economy-573	209	16	condition	condition	NOUN
economy-573	209	17	except	except	SCONJ
economy-573	209	18	the	the	DET
economy-573	209	19	use	use	NOUN
economy-573	209	20	of	of	ADP
economy-573	209	21	gmm	gmm	PROPN
economy-573	209	22	.	.	PUNCT
economy-573	210	1	gmm	gmm	PROPN
economy-573	210	2	estimator	estimator	NOUN
economy-573	210	3	is	be	AUX
economy-573	210	4	an	an	DET
economy-573	210	5	instrumental	instrumental	ADJ
economy-573	210	6	variable	variable	ADJ
economy-573	210	7	estimator	estimator	NOUN
economy-573	210	8	that	that	PRON
economy-573	210	9	uses	use	VERB
economy-573	210	10	lagged	lag	VERB
economy-573	210	11	values	value	NOUN
economy-573	210	12	of	of	ADP
economy-573	210	13	all	all	DET
economy-573	210	14	endogenous	endogenous	ADJ
economy-573	210	15	regressors	regressor	NOUN
economy-573	210	16	as	as	ADV
economy-573	210	17	well	well	ADV
economy-573	210	18	as	as	ADP
economy-573	210	19	lagged	lag	VERB
economy-573	210	20	and	and	CCONJ
economy-573	210	21	current	current	ADJ
economy-573	210	22	values	value	NOUN
economy-573	210	23	of	of	ADP
economy-573	210	24	all	all	DET
economy-573	210	25	strictly	strictly	ADV
economy-573	210	26	exogenous	exogenous	ADJ
economy-573	210	27	regressors	regressor	NOUN
economy-573	210	28	as	as	ADP
economy-573	210	29	instruments	instrument	NOUN
economy-573	210	30	.	.	PUNCT
economy-573	211	1	the	the	DET
economy-573	211	2	equations	equation	NOUN
economy-573	211	3	can	can	AUX
economy-573	211	4	be	be	AUX
economy-573	211	5	estimated	estimate	VERB
economy-573	211	6	using	use	VERB
economy-573	211	7	the	the	DET
economy-573	211	8	levels	level	NOUN
economy-573	211	9	or	or	CCONJ
economy-573	211	10	the	the	DET
economy-573	211	11	first	first	ADJ
economy-573	211	12	differences	difference	NOUN
economy-573	211	13	of	of	ADP
economy-573	211	14	the	the	DET
economy-573	211	15	variables	variable	NOUN
economy-573	211	16	.	.	PUNCT
economy-573	212	1	the	the	DET
economy-573	212	2	gmm	gmm	PROPN
economy-573	212	3	is	be	AUX
economy-573	212	4	chosen	choose	VERB
economy-573	212	5	because	because	SCONJ
economy-573	212	6	of	of	ADP
economy-573	212	7	the	the	DET
economy-573	212	8	optimal	optimal	ADJ
economy-573	212	9	properties	property	NOUN
economy-573	212	10	that	that	PRON
economy-573	212	11	its	its	PRON
economy-573	212	12	parameters	parameter	NOUN
economy-573	212	13	estimates	estimate	VERB
economy-573	212	14	possess	possess	VERB
economy-573	212	15	.	.	PUNCT
economy-573	213	1	its	its	PRON
economy-573	213	2	computational	computational	ADJ
economy-573	213	3	procedure	procedure	NOUN
economy-573	213	4	is	be	AUX
economy-573	213	5	fairly	fairly	ADV
economy-573	213	6	simple	simple	ADJ
economy-573	213	7	,	,	PUNCT
economy-573	213	8	and	and	CCONJ
economy-573	213	9	it	it	PRON
economy-573	213	10	has	have	VERB
economy-573	213	11	limited	limit	VERB
economy-573	213	12	data	data	NOUN
economy-573	213	13	requirement	requirement	NOUN
economy-573	213	14	.	.	PUNCT
economy-573	214	1	it	it	PRON
economy-573	214	2	is	be	AUX
economy-573	214	3	intuitively	intuitively	ADV
economy-573	214	4	appealing	appealing	ADJ
economy-573	214	5	.	.	PUNCT
economy-573	215	1	above	above	ADP
economy-573	215	2	all	all	PRON
economy-573	215	3	,	,	PUNCT
economy-573	215	4	the	the	DET
economy-573	215	5	gmm	gmm	NOUN
economy-573	215	6	technique	technique	NOUN
economy-573	215	7	has	have	AUX
economy-573	215	8	over	over	ADP
economy-573	215	9	time	time	NOUN
economy-573	215	10	produced	produce	VERB
economy-573	215	11	fairly	fairly	ADV
economy-573	215	12	satisfactory	satisfactory	ADJ
economy-573	215	13	results	result	NOUN
economy-573	215	14	in	in	ADP
economy-573	215	15	a	a	DET
economy-573	215	16	range	range	NOUN
economy-573	215	17	of	of	ADP
economy-573	215	18	economic	economic	ADJ
economy-573	215	19	relationship	relationship	NOUN
economy-573	215	20	it	it	PRON
economy-573	215	21	has	have	AUX
economy-573	215	22	been	be	AUX
economy-573	215	23	applied	apply	VERB
economy-573	215	24	,	,	PUNCT
economy-573	215	25	yartey	yartey	PROPN
economy-573	215	26	(	(	PUNCT
economy-573	215	27	2008	2008	NUM
economy-573	215	28	)	)	PUNCT
economy-573	215	29	.	.	PUNCT
economy-573	216	1	3.3	3.3	NUM
economy-573	216	2	.	.	PUNCT
economy-573	217	1	the	the	DET
economy-573	217	2	technique	technique	NOUN
economy-573	217	3	of	of	ADP
economy-573	217	4	evaluation	evaluation	NOUN
economy-573	217	5	the	the	DET
economy-573	217	6	equations	equation	NOUN
economy-573	217	7	3.1.2	3.1.2	NUM
economy-573	217	8	and	and	CCONJ
economy-573	217	9	3.1.4	3.1.4	NUM
economy-573	217	10	will	will	AUX
economy-573	217	11	be	be	AUX
economy-573	217	12	subjected	subject	VERB
economy-573	217	13	further	far	ADV
economy-573	217	14	to	to	ADP
economy-573	217	15	dynamic	dynamic	ADJ
economy-573	217	16	estimation	estimation	NOUN
economy-573	217	17	using	use	VERB
economy-573	217	18	the	the	DET
economy-573	217	19	lag	lag	NOUN
economy-573	217	20	structure	structure	NOUN
economy-573	217	21	of	of	ADP
economy-573	217	22	the	the	DET
economy-573	217	23	variables	variable	NOUN
economy-573	217	24	.	.	PUNCT
economy-573	218	1	there	there	PRON
economy-573	218	2	will	will	AUX
economy-573	218	3	also	also	ADV
economy-573	218	4	be	be	AUX
economy-573	218	5	determination	determination	NOUN
economy-573	218	6	of	of	ADP
economy-573	218	7	the	the	DET
economy-573	218	8	existence	existence	NOUN
economy-573	218	9	of	of	ADP
economy-573	218	10	substantial	substantial	ADJ
economy-573	218	11	co	co	NOUN
economy-573	218	12	-	-	NOUN
economy-573	218	13	movement	movement	NOUN
economy-573	218	14	among	among	ADP
economy-573	218	15	the	the	DET
economy-573	218	16	time	time	NOUN
economy-573	218	17	series	series	PROPN
economy-573	218	18	variables	variable	NOUN
economy-573	218	19	.	.	PUNCT
economy-573	219	1	furthermore	furthermore	ADV
economy-573	219	2	the	the	DET
economy-573	219	3	data	datum	NOUN
economy-573	219	4	would	would	AUX
economy-573	219	5	be	be	AUX
economy-573	219	6	tested	test	VERB
economy-573	219	7	for	for	ADP
economy-573	219	8	unit	unit	NOUN
economy-573	219	9	root	root	NOUN
economy-573	219	10	by	by	ADP
economy-573	219	11	applying	apply	VERB
economy-573	219	12	the	the	DET
economy-573	219	13	augmented	augment	VERB
economy-573	219	14	dickey	dickey	PROPN
economy-573	219	15	fuller	full	ADJ
economy-573	219	16	(	(	PUNCT
economy-573	219	17	adf	adf	NOUN
economy-573	219	18	)	)	PUNCT
economy-573	219	19	tool	tool	NOUN
economy-573	219	20	.	.	PUNCT
economy-573	220	1	also	also	ADV
economy-573	220	2	the	the	DET
economy-573	220	3	wald	wald	PROPN
economy-573	220	4	coefficient	coefficient	PROPN
economy-573	220	5	test	test	NOUN
economy-573	220	6	will	will	AUX
economy-573	220	7	equally	equally	ADV
economy-573	220	8	be	be	AUX
economy-573	220	9	applied	apply	VERB
economy-573	220	10	to	to	ADP
economy-573	220	11	the	the	DET
economy-573	220	12	estimated	estimate	VERB
economy-573	220	13	equation	equation	NOUN
economy-573	220	14	to	to	PART
economy-573	220	15	perform	perform	VERB
economy-573	220	16	hypothesis	hypothesis	NOUN
economy-573	220	17	tests	test	NOUN
economy-573	220	18	on	on	ADP
economy-573	220	19	the	the	DET
economy-573	220	20	coefficients	coefficient	NOUN
economy-573	220	21	of	of	ADP
economy-573	220	22	the	the	DET
economy-573	220	23	model	model	NOUN
economy-573	220	24	after	after	ADP
economy-573	220	25	using	use	VERB
economy-573	220	26	gmm	gmm	PRON
economy-573	220	27	.	.	PUNCT
economy-573	221	1	the	the	DET
economy-573	221	2	wald	wald	PROPN
economy-573	221	3	test	test	NOUN
economy-573	221	4	examines	examine	VERB
economy-573	221	5	whether	whether	SCONJ
economy-573	221	6	the	the	DET
economy-573	221	7	positive	positive	ADJ
economy-573	221	8	and	and	CCONJ
economy-573	221	9	negative	negative	ADJ
economy-573	221	10	coefficients	coefficient	NOUN
economy-573	221	11	in	in	ADP
economy-573	221	12	the	the	DET
economy-573	221	13	gmm	gmm	NOUN
economy-573	221	14	estimate	estimate	NOUN
economy-573	221	15	are	be	AUX
economy-573	221	16	significantly	significantly	ADV
economy-573	221	17	different	different	ADJ
economy-573	221	18	from	from	ADP
economy-573	221	19	zero	zero	NUM
economy-573	221	20	(	(	PUNCT
economy-573	221	21	that	that	PRON
economy-573	221	22	is	is	ADV
economy-573	221	23	,	,	PUNCT
economy-573	221	24	whether	whether	SCONJ
economy-573	221	25	they	they	PRON
economy-573	221	26	are	be	AUX
economy-573	221	27	symmetric	symmetric	ADJ
economy-573	221	28	or	or	CCONJ
economy-573	221	29	asymmetric	asymmetric	ADJ
economy-573	221	30	)	)	PUNCT
economy-573	221	31	.	.	PUNCT
economy-573	222	1	the	the	DET
economy-573	222	2	coefficient	coefficient	NOUN
economy-573	222	3	of	of	ADP
economy-573	222	4	determination	determination	NOUN
economy-573	222	5	and	and	CCONJ
economy-573	222	6	its	its	PRON
economy-573	222	7	adjusted	adjusted	ADJ
economy-573	222	8	values	value	NOUN
economy-573	222	9	with	with	ADP
economy-573	222	10	durbin	durbin	PROPN
economy-573	222	11	watson	watson	PROPN
economy-573	222	12	statistics	statistic	NOUN
economy-573	222	13	shall	shall	AUX
economy-573	222	14	equally	equally	ADV
economy-573	222	15	be	be	AUX
economy-573	222	16	applied	apply	VERB
economy-573	222	17	in	in	ADP
economy-573	222	18	the	the	DET
economy-573	222	19	evaluation	evaluation	NOUN
economy-573	222	20	.	.	PUNCT
economy-573	223	1	3.4	3.4	NUM
economy-573	223	2	.	.	PUNCT
economy-573	223	3	sources	source	NOUN
economy-573	223	4	of	of	ADP
economy-573	223	5	data	datum	NOUN
economy-573	223	6	the	the	DET
economy-573	223	7	data	datum	NOUN
economy-573	223	8	for	for	ADP
economy-573	223	9	this	this	DET
economy-573	223	10	study	study	NOUN
economy-573	223	11	covering	cover	VERB
economy-573	223	12	the	the	DET
economy-573	223	13	period	period	NOUN
economy-573	223	14	of	of	ADP
economy-573	223	15	1984	1984	NUM
economy-573	223	16	-	-	SYM
economy-573	223	17	2014	2014	NUM
economy-573	223	18	is	be	AUX
economy-573	223	19	a	a	DET
economy-573	223	20	secondary	secondary	ADJ
economy-573	223	21	data	datum	NOUN
economy-573	223	22	secured	secure	VERB
economy-573	223	23	from	from	ADP
economy-573	223	24	central	central	ADJ
economy-573	223	25	bank	bank	PROPN
economy-573	223	26	of	of	ADP
economy-573	223	27	nigeria	nigeria	PROPN
economy-573	223	28	statistical	statistical	ADJ
economy-573	223	29	bulletin	bulletin	NOUN
economy-573	223	30	,	,	PUNCT
economy-573	223	31	various	various	ADJ
economy-573	223	32	issues	issue	NOUN
economy-573	223	33	;	;	PUNCT
economy-573	223	34	nigerian	nigerian	ADJ
economy-573	223	35	bureau	bureau	PROPN
economy-573	223	36	of	of	ADP
economy-573	223	37	statistics	statistic	NOUN
economy-573	223	38	(	(	PUNCT
economy-573	223	39	nbs	nbs	PROPN
economy-573	223	40	)	)	PUNCT
economy-573	223	41	and	and	CCONJ
economy-573	223	42	the	the	DET
economy-573	223	43	nigerian	nigerian	ADJ
economy-573	223	44	stock	stock	NOUN
economy-573	223	45	exchange	exchange	PROPN
economy-573	223	46	(	(	PUNCT
economy-573	223	47	nse	nse	NOUN
economy-573	223	48	)	)	PUNCT
economy-573	223	49	fact	fact	NOUN
economy-573	223	50	books	book	NOUN
economy-573	223	51	.	.	PUNCT
economy-573	224	1	4	4	X
economy-573	224	2	.	.	X
economy-573	224	3	empirical	empirical	ADJ
economy-573	224	4	analysis	analysis	NOUN
economy-573	224	5	in	in	ADP
economy-573	224	6	this	this	DET
economy-573	224	7	section	section	NOUN
economy-573	224	8	,	,	PUNCT
economy-573	224	9	we	we	PRON
economy-573	224	10	presented	present	VERB
economy-573	224	11	an	an	DET
economy-573	224	12	analysis	analysis	NOUN
economy-573	224	13	of	of	ADP
economy-573	224	14	the	the	DET
economy-573	224	15	data	datum	NOUN
economy-573	224	16	used	use	VERB
economy-573	224	17	and	and	CCONJ
economy-573	224	18	the	the	DET
economy-573	224	19	interpretation	interpretation	NOUN
economy-573	224	20	of	of	ADP
economy-573	224	21	the	the	DET
economy-573	224	22	result	result	NOUN
economy-573	224	23	generated	generate	VERB
economy-573	224	24	from	from	ADP
economy-573	224	25	the	the	DET
economy-573	224	26	data	datum	NOUN
economy-573	224	27	.	.	PUNCT
economy-573	225	1	the	the	DET
economy-573	225	2	data	datum	NOUN
economy-573	225	3	for	for	ADP
economy-573	225	4	the	the	DET
economy-573	225	5	study	study	NOUN
economy-573	225	6	is	be	AUX
economy-573	225	7	presented	present	VERB
economy-573	225	8	in	in	ADP
economy-573	225	9	the	the	DET
economy-573	225	10	appendix	appendix	NOUN
economy-573	225	11	and	and	CCONJ
economy-573	225	12	it	it	PRON
economy-573	225	13	covers	cover	VERB
economy-573	225	14	the	the	DET
economy-573	225	15	period	period	NOUN
economy-573	225	16	of	of	ADP
economy-573	225	17	1984	1984	NUM
economy-573	225	18	-	-	SYM
economy-573	225	19	2014	2014	NUM
economy-573	225	20	.	.	PUNCT
economy-573	226	1	starting	start	VERB
economy-573	226	2	from	from	ADP
economy-573	226	3	the	the	DET
economy-573	226	4	model	model	NOUN
economy-573	226	5	identification	identification	NOUN
economy-573	226	6	,	,	PUNCT
economy-573	226	7	the	the	DET
economy-573	226	8	two	two	NUM
economy-573	226	9	equations	equation	NOUN
economy-573	226	10	in	in	ADP
economy-573	226	11	our	our	PRON
economy-573	226	12	study	study	NOUN
economy-573	226	13	were	be	AUX
economy-573	226	14	discovered	discover	VERB
economy-573	226	15	to	to	PART
economy-573	226	16	be	be	AUX
economy-573	226	17	over	over	ADV
economy-573	226	18	-	-	PUNCT
economy-573	226	19	identified	identify	VERB
economy-573	226	20	.	.	PUNCT
economy-573	227	1	table-4.0.1	table-4.0.1	PROPN
economy-573	227	2	.	.	PUNCT
economy-573	227	3	unit	unit	NOUN
economy-573	227	4	root	root	PROPN
economy-573	227	5	test	test	NOUN
economy-573	227	6	.	.	PUNCT
economy-573	228	1	5	5	NUM
economy-573	228	2	%	%	NOUN
economy-573	228	3	los	los	PROPN
economy-573	228	4	critical	critical	ADJ
economy-573	228	5	values	value	NOUN
economy-573	228	6	augmented	augment	VERB
economy-573	228	7	dickey	dickey	PROPN
economy-573	228	8	-	-	PUNCT
economy-573	228	9	fuller	full	ADJ
economy-573	228	10	statistics	statistic	NOUN
economy-573	228	11	.	.	PUNCT
economy-573	229	1	variable(s	variable(s	NOUN
economy-573	229	2	)	)	PUNCT
economy-573	229	3	level	level	NOUN
economy-573	229	4	1	1	NUM
economy-573	229	5	st	st	NOUN
economy-573	229	6	difference	difference	NOUN
economy-573	229	7	2	2	NUM
economy-573	229	8	nd	nd	NOUN
economy-573	229	9	difference	difference	NOUN
economy-573	229	10	decision	decision	NOUN
economy-573	229	11	mcap	mcap	NOUN
economy-573	229	12	5.662	5.662	NUM
economy-573	229	13	-3.612	-3.612	NOUN
economy-573	229	14	i(0	i(0	PROPN
economy-573	229	15	)	)	PUNCT
economy-573	229	16	vtr	vtr	NOUN
economy-573	229	17	5.621	5.621	NUM
economy-573	229	18	-3.622	-3.622	PUNCT
economy-573	229	19	i(0	i(0	PROPN
economy-573	229	20	)	)	PUNCT
economy-573	229	21	tvr	tvr	NOUN
economy-573	229	22	-4.735	-4.735	NUM
economy-573	229	23	3.581	3.581	NUM
economy-573	229	24	i(1	i(1	NOUN
economy-573	229	25	)	)	PUNCT
economy-573	230	1	fpi	fpi	PROPN
economy-573	230	2	-9.653	-9.653	PROPN
economy-573	230	3	-3.587	-3.587	PROPN
economy-573	230	4	i(0	i(0	PROPN
economy-573	230	5	)	)	PUNCT
economy-573	230	6	rgdp	rgdp	PROPN
economy-573	230	7	-6.060	-6.060	PROPN
economy-573	230	8	-3.581	-3.581	PUNCT
economy-573	230	9	i(1	i(1	PROPN
economy-573	230	10	)	)	PUNCT
economy-573	230	11	m2	m2	PROPN
economy-573	230	12	-4.883	-4.883	PROPN
economy-573	230	13	-3.574	-3.574	PUNCT
economy-573	230	14	i(1	i(1	PROPN
economy-573	230	15	)	)	PUNCT
economy-573	230	16	opn	opn	PROPN
economy-573	230	17	-3.632	-3.632	PROPN
economy-573	230	18	-3.568	-3.568	PROPN
economy-573	230	19	i(0	i(0	PROPN
economy-573	230	20	)	)	PUNCT
economy-573	230	21	indx	indx	PROPN
economy-573	230	22	-5.661	-5.661	PUNCT
economy-573	230	23	-3.574	-3.574	PUNCT
economy-573	230	24	i(1	i(1	PROPN
economy-573	230	25	)	)	PUNCT
economy-573	230	26	sources	source	NOUN
economy-573	230	27	:	:	PUNCT
economy-573	230	28	authors	author	NOUN
economy-573	230	29	computation	computation	VERB
economy-573	230	30	we	we	PRON
economy-573	230	31	therefore	therefore	ADV
economy-573	230	32	proceeded	proceed	VERB
economy-573	230	33	to	to	PART
economy-573	230	34	apply	apply	VERB
economy-573	230	35	the	the	DET
economy-573	230	36	gmm	gmm	NOUN
economy-573	230	37	techniques	technique	NOUN
economy-573	230	38	as	as	SCONJ
economy-573	230	39	pointed	point	VERB
economy-573	230	40	to	to	ADP
economy-573	230	41	earlier	early	ADV
economy-573	230	42	.	.	PUNCT
economy-573	231	1	meanwhile	meanwhile	ADV
economy-573	231	2	the	the	DET
economy-573	231	3	augmented	augment	VERB
economy-573	231	4	dickeyfuller	dickeyfuller	NOUN
economy-573	231	5	tests	test	NOUN
economy-573	231	6	of	of	ADP
economy-573	231	7	the	the	DET
economy-573	231	8	time	time	NOUN
economy-573	231	9	series	series	NOUN
economy-573	231	10	were	be	AUX
economy-573	231	11	done	do	VERB
economy-573	231	12	to	to	PART
economy-573	231	13	ascertain	ascertain	VERB
economy-573	231	14	the	the	DET
economy-573	231	15	time	time	NOUN
economy-573	231	16	series	series	PROPN
economy-573	231	17	property	property	NOUN
economy-573	231	18	of	of	ADP
economy-573	231	19	the	the	DET
economy-573	231	20	data	datum	NOUN
economy-573	231	21	.	.	PUNCT
economy-573	232	1	the	the	DET
economy-573	232	2	result	result	NOUN
economy-573	232	3	of	of	ADP
economy-573	232	4	the	the	DET
economy-573	232	5	adf	adf	PROPN
economy-573	232	6	test	test	NOUN
economy-573	232	7	is	be	AUX
economy-573	232	8	presented	present	VERB
economy-573	232	9	and	and	CCONJ
economy-573	232	10	analyzed	analyze	VERB
economy-573	232	11	below	below	ADV
economy-573	232	12	.	.	PUNCT
economy-573	233	1	the	the	DET
economy-573	233	2	result	result	NOUN
economy-573	233	3	of	of	ADP
economy-573	233	4	the	the	DET
economy-573	233	5	unit	unit	NOUN
economy-573	233	6	root	root	NOUN
economy-573	233	7	test	test	NOUN
economy-573	233	8	as	as	SCONJ
economy-573	233	9	presented	present	VERB
economy-573	233	10	above	above	ADV
economy-573	233	11	indicates	indicate	VERB
economy-573	233	12	that	that	DET
economy-573	233	13	mcap	mcap	NOUN
economy-573	233	14	,	,	PUNCT
economy-573	233	15	vtr	vtr	PROPN
economy-573	233	16	,	,	PUNCT
economy-573	233	17	fpi	fpi	PROPN
economy-573	233	18	and	and	CCONJ
economy-573	233	19	opn	opn	PROPN
economy-573	233	20	were	be	AUX
economy-573	233	21	stationary	stationary	ADJ
economy-573	233	22	at	at	ADP
economy-573	233	23	level	level	NOUN
economy-573	233	24	.	.	PUNCT
economy-573	234	1	while	while	SCONJ
economy-573	234	2	tvr	tvr	PROPN
economy-573	234	3	,	,	PUNCT
economy-573	234	4	rgdp	rgdp	PROPN
economy-573	234	5	,	,	PUNCT
economy-573	234	6	and	and	CCONJ
economy-573	234	7	indx	indx	PROPN
economy-573	234	8	were	be	AUX
economy-573	234	9	integrated	integrate	VERB
economy-573	234	10	at	at	ADP
economy-573	234	11	order	order	NOUN
economy-573	234	12	one	one	NUM
economy-573	234	13	,	,	PUNCT
economy-573	234	14	each	each	PRON
economy-573	234	15	at	at	ADP
economy-573	234	16	5	5	NUM
economy-573	234	17	percent	percent	NOUN
economy-573	234	18	level	level	NOUN
economy-573	234	19	of	of	ADP
economy-573	234	20	significance	significance	NOUN
economy-573	234	21	.	.	PUNCT
economy-573	235	1	it	it	PRON
economy-573	235	2	is	be	AUX
economy-573	235	3	judged	judge	VERB
economy-573	235	4	safe	safe	ADJ
economy-573	235	5	to	to	PART
economy-573	235	6	continue	continue	VERB
economy-573	235	7	with	with	ADP
economy-573	235	8	the	the	DET
economy-573	235	9	time	time	NOUN
economy-573	235	10	series	series	PROPN
economy-573	235	11	data	data	PROPN
economy-573	235	12	estimates	estimate	NOUN
economy-573	235	13	of	of	ADP
economy-573	235	14	our	our	PRON
economy-573	235	15	econometrics	econometrics	NOUN
economy-573	235	16	specifications	specification	NOUN
economy-573	235	17	.	.	PUNCT
economy-573	236	1	economy	economy	NOUN
economy-573	236	2	,	,	PUNCT
economy-573	236	3	2016	2016	NUM
economy-573	236	4	,	,	PUNCT
economy-573	236	5	3(1	3(1	NUM
economy-573	236	6	):	):	PUNCT
economy-573	236	7	31	31	NUM
economy-573	236	8	-	-	SYM
economy-573	236	9	39	39	NUM
economy-573	236	10	37	37	NUM
economy-573	236	11	4.1	4.1	NUM
economy-573	236	12	.	.	PUNCT
economy-573	237	1	presentation	presentation	NOUN
economy-573	237	2	of	of	ADP
economy-573	237	3	results	result	NOUN
economy-573	237	4	of	of	ADP
economy-573	237	5	gmm	gmm	PROPN
economy-573	237	6	table-4.1.1	table-4.1.1	NUM
economy-573	237	7	.	.	PUNCT
economy-573	238	1	generalized	generalize	VERB
economy-573	238	2	method	method	NOUN
economy-573	238	3	of	of	ADP
economy-573	238	4	moments	moment	NOUN
economy-573	238	5	(	(	PUNCT
economy-573	238	6	gmm	gmm	NOUN
economy-573	238	7	)	)	PUNCT
economy-573	238	8	result	result	VERB
economy-573	238	9	.	.	PUNCT
economy-573	239	1	explanatory	explanatory	ADJ
economy-573	239	2	variables	variable	NOUN
economy-573	239	3	equation	equation	NOUN
economy-573	239	4	3.1.2	3.1.2	NUM
economy-573	239	5	coefficients	coefficient	NOUN
economy-573	239	6	(	(	PUNCT
economy-573	239	7	mcap	mcap	NOUN
economy-573	239	8	is	be	AUX
economy-573	239	9	dependent	dependent	ADJ
economy-573	239	10	variable	variable	NOUN
economy-573	239	11	)	)	PUNCT
economy-573	239	12	explanatory	explanatory	ADJ
economy-573	239	13	variables	variable	NOUN
economy-573	239	14	equation	equation	NOUN
economy-573	239	15	3.1.4	3.1.4	NUM
economy-573	239	16	coefficients	coefficient	NOUN
economy-573	239	17	(	(	PUNCT
economy-573	239	18	rgdp	rgdp	NOUN
economy-573	239	19	is	be	AUX
economy-573	239	20	dependent	dependent	ADJ
economy-573	239	21	variable	variable	ADJ
economy-573	239	22	)	)	PUNCT
economy-573	239	23	constant	constant	ADJ
economy-573	239	24	-642.38	-642.38	PROPN
economy-573	239	25	(	(	PUNCT
economy-573	239	26	-0.375	-0.375	PUNCT
economy-573	239	27	)	)	PUNCT
economy-573	239	28	constant	constant	ADJ
economy-573	239	29	-8.66	-8.66	NOUN
economy-573	239	30	(	(	PUNCT
economy-573	239	31	-0.286	-0.286	NOUN
economy-573	239	32	)	)	PUNCT
economy-573	239	33	mcap(-1	mcap(-1	ADJ
economy-573	239	34	)	)	PUNCT
economy-573	239	35	1.332	1.332	NUM
economy-573	239	36	(	(	PUNCT
economy-573	239	37	2.564	2.564	NUM
economy-573	239	38	)	)	PUNCT
economy-573	239	39	*	*	PUNCT
economy-573	240	1	mcap(-1	mcap(-1	VERB
economy-573	240	2	)	)	PUNCT
economy-573	240	3	0.003	0.003	NUM
economy-573	240	4	(	(	PUNCT
economy-573	240	5	2.09	2.09	NUM
economy-573	240	6	)	)	PUNCT
economy-573	241	1	*	*	PUNCT
economy-573	241	2	vtr(-1	vtr(-1	ADJ
economy-573	241	3	)	)	PUNCT
economy-573	241	4	-26.916	-26.916	PROPN
economy-573	241	5	(	(	PUNCT
economy-573	241	6	-2.19	-2.19	NOUN
economy-573	241	7	)	)	PUNCT
economy-573	242	1	*	*	PUNCT
economy-573	242	2	vtr(-1	vtr(-1	ADJ
economy-573	242	3	)	)	PUNCT
economy-573	242	4	0.188	0.188	NUM
economy-573	242	5	(	(	PUNCT
economy-573	242	6	3.09	3.09	NUM
economy-573	242	7	)	)	PUNCT
economy-573	242	8	*	*	PUNCT
economy-573	242	9	tvr	tvr	X
economy-573	242	10	(	(	PUNCT
economy-573	242	11	-1	-1	INTJ
economy-573	242	12	)	)	PUNCT
economy-573	242	13	216.94	216.94	NUM
economy-573	242	14	(	(	PUNCT
economy-573	242	15	1.68	1.68	NUM
economy-573	242	16	)	)	PUNCT
economy-573	242	17	tvr	tvr	NOUN
economy-573	242	18	(	(	PUNCT
economy-573	242	19	-1	-1	INTJ
economy-573	242	20	)	)	PUNCT
economy-573	242	21	-3.969	-3.969	PUNCT
economy-573	242	22	(	(	PUNCT
economy-573	242	23	-2.09	-2.09	NUM
economy-573	242	24	)	)	PUNCT
economy-573	242	25	*	*	PUNCT
economy-573	242	26	opn(-1	opn(-1	PROPN
economy-573	242	27	)	)	PUNCT
economy-573	243	1	691.18	691.18	NUM
economy-573	243	2	(	(	PUNCT
economy-573	243	3	2.17	2.17	NUM
economy-573	243	4	)	)	PUNCT
economy-573	243	5	*	*	PUNCT
economy-573	243	6	opn(-1	opn(-1	PROPN
economy-573	243	7	)	)	PUNCT
economy-573	243	8	-7.27	-7.27	PROPN
economy-573	243	9	(	(	PUNCT
economy-573	243	10	-2.59	-2.59	NUM
economy-573	243	11	)	)	PUNCT
economy-573	243	12	*	*	PUNCT
economy-573	243	13	rgdp(-1	rgdp(-1	VERB
economy-573	243	14	)	)	PUNCT
economy-573	243	15	-18.274	-18.274	NOUN
economy-573	243	16	(	(	PUNCT
economy-573	243	17	-1.58	-1.58	NOUN
economy-573	243	18	)	)	PUNCT
economy-573	243	19	rgdp(-1	rgdp(-1	PROPN
economy-573	243	20	)	)	PUNCT
economy-573	243	21	1.307	1.307	NUM
economy-573	243	22	(	(	PUNCT
economy-573	243	23	10.01	10.01	NUM
economy-573	243	24	)	)	PUNCT
economy-573	243	25	*	*	PUNCT
economy-573	244	1	fpi(-1	fpi(-1	PROPN
economy-573	244	2	)	)	PUNCT
economy-573	244	3	-127.71	-127.71	PROPN
economy-573	244	4	(	(	PUNCT
economy-573	244	5	-0.77	-0.77	NOUN
economy-573	244	6	)	)	PUNCT
economy-573	244	7	r	r	NOUN
economy-573	244	8	2	2	NUM
economy-573	244	9	=	=	SYM
economy-573	244	10	0.99	0.99	NUM
economy-573	244	11	r	r	NOUN
economy-573	244	12	-2	-2	NOUN
economy-573	244	13	=	=	NOUN
economy-573	244	14	0.98	0.98	NUM
economy-573	244	15	dw	dw	NOUN
economy-573	244	16	=	=	NOUN
economy-573	244	17	2.32	2.32	NUM
economy-573	244	18	m2(-1	m2(-1	ADJ
economy-573	244	19	)	)	PUNCT
economy-573	244	20	124.51	124.51	NUM
economy-573	244	21	(	(	PUNCT
economy-573	244	22	2.23	2.23	NUM
economy-573	244	23	)	)	PUNCT
economy-573	244	24	*	*	PUNCT
economy-573	244	25	indx(-1	indx(-1	ADJ
economy-573	244	26	)	)	PUNCT
economy-573	244	27	-0.043	-0.043	PRON
economy-573	244	28	(	(	PUNCT
economy-573	244	29	-0.88	-0.88	NOUN
economy-573	244	30	)	)	PUNCT
economy-573	244	31	r	r	NOUN
economy-573	244	32	2	2	NUM
economy-573	244	33	=	=	SYM
economy-573	244	34	0.94	0.94	NUM
economy-573	244	35	r	r	NOUN
economy-573	244	36	-2	-2	NOUN
economy-573	244	37	=	=	PUNCT
economy-573	244	38	0.92	0.92	NUM
economy-573	244	39	dw	dw	NOUN
economy-573	244	40	=	=	NOUN
economy-573	244	41	1.92	1.92	NUM
economy-573	244	42	note	note	NOUN
economy-573	244	43	:	:	PUNCT
economy-573	244	44	*	*	PUNCT
economy-573	244	45	(	(	PUNCT
economy-573	244	46	significant	significant	ADJ
economy-573	244	47	@	@	ADP
economy-573	244	48	5	5	NUM
economy-573	244	49	percent	percent	NOUN
economy-573	244	50	los	los	PROPN
economy-573	244	51	)	)	PUNCT
economy-573	244	52	.	.	PUNCT
economy-573	245	1	table-4.1.2	table-4.1.2	ADP
economy-573	245	2	.	.	PUNCT
economy-573	245	3	wald	wald	PROPN
economy-573	245	4	coefficient	coefficient	PROPN
economy-573	245	5	test	test	NOUN
economy-573	245	6	:	:	PUNCT
economy-573	245	7	test	test	NOUN
economy-573	245	8	statistic	statistic	NOUN
economy-573	245	9	value	value	NOUN
economy-573	245	10	df	df	NOUN
economy-573	245	11	probability	probability	NOUN
economy-573	245	12	f	f	X
economy-573	245	13	-	-	PUNCT
economy-573	245	14	statistic	statistic	ADJ
economy-573	245	15	123679.9	123679.9	NUM
economy-573	245	16	(	(	PUNCT
economy-573	245	17	8	8	NUM
economy-573	245	18	,	,	PUNCT
economy-573	245	19	21	21	NUM
economy-573	245	20	)	)	PUNCT
economy-573	245	21	0.0000	0.0000	NUM
economy-573	245	22	chi	chi	ADJ
economy-573	245	23	-	-	PUNCT
economy-573	245	24	square	square	NOUN
economy-573	245	25	989439.0	989439.0	NUM
economy-573	245	26	8	8	NUM
economy-573	245	27	0.0000	0.0000	NUM
economy-573	245	28	source	source	NOUN
economy-573	245	29	:	:	PUNCT
economy-573	245	30	authors	author	NOUN
economy-573	245	31	computation	computation	VERB
economy-573	245	32	using	use	VERB
economy-573	245	33	e	e	NOUN
economy-573	245	34	-	-	NOUN
economy-573	245	35	views	view	NOUN
economy-573	245	36	.	.	PUNCT
economy-573	246	1	4.2	4.2	NUM
economy-573	246	2	.	.	PUNCT
economy-573	247	1	interpretation	interpretation	NOUN
economy-573	247	2	of	of	ADP
economy-573	247	3	result	result	NOUN
economy-573	247	4	the	the	DET
economy-573	247	5	table	table	NOUN
economy-573	247	6	4.1.1	4.1.1	PROPN
economy-573	247	7	above	above	ADV
economy-573	247	8	conveys	convey	VERB
economy-573	247	9	the	the	DET
economy-573	247	10	result	result	NOUN
economy-573	247	11	of	of	ADP
economy-573	247	12	gmm	gmm	NOUN
economy-573	247	13	procedure	procedure	NOUN
economy-573	247	14	applied	apply	VERB
economy-573	247	15	to	to	ADP
economy-573	247	16	equations	equation	NOUN
economy-573	247	17	3.1.2	3.1.2	NUM
economy-573	247	18	and	and	CCONJ
economy-573	247	19	3.1.4	3.1.4	NUM
economy-573	247	20	on	on	ADP
economy-573	247	21	the	the	DET
economy-573	247	22	impact	impact	NOUN
economy-573	247	23	of	of	ADP
economy-573	247	24	reforms	reform	NOUN
economy-573	247	25	on	on	ADP
economy-573	247	26	capital	capital	NOUN
economy-573	247	27	market	market	NOUN
economy-573	247	28	development	development	NOUN
economy-573	247	29	and	and	CCONJ
economy-573	247	30	that	that	PRON
economy-573	247	31	of	of	ADP
economy-573	247	32	the	the	DET
economy-573	247	33	effect	effect	NOUN
economy-573	247	34	of	of	ADP
economy-573	247	35	capital	capital	NOUN
economy-573	247	36	market	market	NOUN
economy-573	247	37	development	development	NOUN
economy-573	247	38	on	on	ADP
economy-573	247	39	economic	economic	ADJ
economy-573	247	40	growth	growth	NOUN
economy-573	247	41	in	in	ADP
economy-573	247	42	nigeria	nigeria	PROPN
economy-573	247	43	over	over	ADP
economy-573	247	44	the	the	DET
economy-573	247	45	period	period	NOUN
economy-573	247	46	of	of	ADP
economy-573	247	47	1984	1984	NUM
economy-573	247	48	to	to	ADP
economy-573	247	49	2014	2014	NUM
economy-573	247	50	.	.	PUNCT
economy-573	248	1	from	from	ADP
economy-573	248	2	equation	equation	NOUN
economy-573	248	3	3.1.2	3.1.2	NUM
economy-573	248	4	,	,	PUNCT
economy-573	248	5	the	the	DET
economy-573	248	6	constant	constant	ADJ
economy-573	248	7	coefficient	coefficient	NOUN
economy-573	248	8	which	which	PRON
economy-573	248	9	is	be	AUX
economy-573	248	10	negatively	negatively	ADV
economy-573	248	11	signed	sign	VERB
economy-573	248	12	indicates	indicate	VERB
economy-573	248	13	that	that	SCONJ
economy-573	248	14	there	there	PRON
economy-573	248	15	will	will	AUX
economy-573	248	16	be	be	AUX
economy-573	248	17	a	a	DET
economy-573	248	18	decrease	decrease	NOUN
economy-573	248	19	of	of	ADP
economy-573	248	20	642.38	642.38	NUM
economy-573	248	21	in	in	ADP
economy-573	248	22	the	the	DET
economy-573	248	23	value	value	NOUN
economy-573	248	24	of	of	ADP
economy-573	248	25	market	market	NOUN
economy-573	248	26	capitalization	capitalization	NOUN
economy-573	248	27	if	if	SCONJ
economy-573	248	28	other	other	ADJ
economy-573	248	29	variables	variable	NOUN
economy-573	248	30	were	be	AUX
economy-573	248	31	zero	zero	NUM
economy-573	248	32	.	.	PUNCT
economy-573	249	1	however	however	ADV
economy-573	249	2	,	,	PUNCT
economy-573	249	3	the	the	DET
economy-573	249	4	figure	figure	NOUN
economy-573	249	5	is	be	AUX
economy-573	249	6	not	not	PART
economy-573	249	7	significant	significant	ADJ
economy-573	249	8	at	at	ADP
economy-573	249	9	5	5	NUM
economy-573	249	10	percent	percent	NOUN
economy-573	249	11	significance	significance	NOUN
economy-573	249	12	test	test	NOUN
economy-573	249	13	.	.	PUNCT
economy-573	250	1	on	on	ADP
economy-573	250	2	the	the	DET
economy-573	250	3	lagged	lag	VERB
economy-573	250	4	explanatory	explanatory	ADJ
economy-573	250	5	variables	variable	NOUN
economy-573	250	6	,	,	PUNCT
economy-573	250	7	the	the	DET
economy-573	250	8	result	result	NOUN
economy-573	250	9	presented	present	VERB
economy-573	250	10	a	a	DET
economy-573	250	11	significant	significant	ADJ
economy-573	250	12	impact	impact	NOUN
economy-573	250	13	of	of	ADP
economy-573	250	14	the	the	DET
economy-573	250	15	combined	combine	VERB
economy-573	250	16	explanatory	explanatory	ADJ
economy-573	250	17	variables	variable	NOUN
economy-573	250	18	on	on	ADP
economy-573	250	19	the	the	DET
economy-573	250	20	dependent	dependent	ADJ
economy-573	250	21	variable	variable	NOUN
economy-573	250	22	.	.	PUNCT
economy-573	251	1	this	this	PRON
economy-573	251	2	is	be	AUX
economy-573	251	3	revealed	reveal	VERB
economy-573	251	4	by	by	ADP
economy-573	251	5	the	the	DET
economy-573	251	6	adjusted	adjust	VERB
economy-573	251	7	r	r	NOUN
economy-573	251	8	-	-	PUNCT
economy-573	251	9	squared	square	VERB
economy-573	251	10	of	of	ADP
economy-573	251	11	0.92	0.92	NUM
economy-573	251	12	.	.	PUNCT
economy-573	252	1	on	on	ADP
economy-573	252	2	the	the	DET
economy-573	252	3	contributions	contribution	NOUN
economy-573	252	4	of	of	ADP
economy-573	252	5	the	the	DET
economy-573	252	6	individual	individual	ADJ
economy-573	252	7	explanatory	explanatory	ADJ
economy-573	252	8	variables	variable	NOUN
economy-573	252	9	to	to	PART
economy-573	252	10	explain	explain	VERB
economy-573	252	11	the	the	DET
economy-573	252	12	dependent	dependent	ADJ
economy-573	252	13	variable	variable	NOUN
economy-573	252	14	;	;	PUNCT
economy-573	252	15	lagged	lag	VERB
economy-573	252	16	values	value	NOUN
economy-573	252	17	of	of	ADP
economy-573	252	18	market	market	NOUN
economy-573	252	19	capitalization	capitalization	NOUN
economy-573	252	20	(	(	PUNCT
economy-573	252	21	mcap	mcap	NOUN
economy-573	252	22	)	)	PUNCT
economy-573	252	23	,	,	PUNCT
economy-573	252	24	volume	volume	NOUN
economy-573	252	25	of	of	ADP
economy-573	252	26	shares	share	NOUN
economy-573	252	27	traded	trade	VERB
economy-573	252	28	(	(	PUNCT
economy-573	252	29	vtr	vtr	NOUN
economy-573	252	30	)	)	PUNCT
economy-573	252	31	,	,	PUNCT
economy-573	252	32	openness	openness	NOUN
economy-573	252	33	of	of	ADP
economy-573	252	34	the	the	DET
economy-573	252	35	economy	economy	NOUN
economy-573	252	36	(	(	PUNCT
economy-573	252	37	opn	opn	PROPN
economy-573	252	38	)	)	PUNCT
economy-573	252	39	and	and	CCONJ
economy-573	252	40	money	money	NOUN
economy-573	252	41	supply	supply	NOUN
economy-573	252	42	(	(	PUNCT
economy-573	252	43	m2	m2	PROPN
economy-573	252	44	)	)	PUNCT
economy-573	252	45	were	be	AUX
economy-573	252	46	highly	highly	ADV
economy-573	252	47	significant	significant	ADJ
economy-573	252	48	at	at	ADP
economy-573	252	49	over	over	ADP
economy-573	252	50	5	5	NUM
economy-573	252	51	percent	percent	NOUN
economy-573	252	52	to	to	PART
economy-573	252	53	determine	determine	VERB
economy-573	252	54	capital	capital	NOUN
economy-573	252	55	market	market	NOUN
economy-573	252	56	development	development	NOUN
economy-573	252	57	over	over	ADP
economy-573	252	58	the	the	DET
economy-573	252	59	period	period	NOUN
economy-573	252	60	of	of	ADP
economy-573	252	61	our	our	PRON
economy-573	252	62	study	study	NOUN
economy-573	252	63	in	in	ADP
economy-573	252	64	nigeria	nigeria	PROPN
economy-573	252	65	.	.	PUNCT
economy-573	253	1	particularly	particularly	ADV
economy-573	253	2	,	,	PUNCT
economy-573	253	3	the	the	DET
economy-573	253	4	vtr	vtr	NOUN
economy-573	253	5	,	,	PUNCT
economy-573	253	6	though	though	SCONJ
economy-573	253	7	it	it	PRON
economy-573	253	8	appeared	appear	VERB
economy-573	253	9	with	with	ADP
economy-573	253	10	wrong	wrong	ADJ
economy-573	253	11	sign	sign	NOUN
economy-573	253	12	,	,	PUNCT
economy-573	253	13	yet	yet	ADV
economy-573	253	14	was	be	AUX
economy-573	253	15	significant	significant	ADJ
economy-573	253	16	.	.	PUNCT
economy-573	254	1	the	the	DET
economy-573	254	2	same	same	ADJ
economy-573	254	3	is	be	AUX
economy-573	254	4	applicable	applicable	ADJ
economy-573	254	5	with	with	ADP
economy-573	254	6	real	real	ADJ
economy-573	254	7	gross	gross	ADJ
economy-573	254	8	domestic	domestic	ADJ
economy-573	254	9	product	product	NOUN
economy-573	254	10	(	(	PUNCT
economy-573	254	11	rgdp	rgdp	NOUN
economy-573	254	12	)	)	PUNCT
economy-573	254	13	,	,	PUNCT
economy-573	254	14	foreign	foreign	ADJ
economy-573	254	15	portfolio	portfolio	NOUN
economy-573	254	16	investment	investment	NOUN
economy-573	254	17	(	(	PUNCT
economy-573	254	18	fpi	fpi	PROPN
economy-573	254	19	)	)	PUNCT
economy-573	254	20	and	and	CCONJ
economy-573	254	21	the	the	DET
economy-573	254	22	index	index	NOUN
economy-573	254	23	of	of	ADP
economy-573	254	24	stock	stock	NOUN
economy-573	254	25	prices	price	NOUN
economy-573	254	26	(	(	PUNCT
economy-573	254	27	indx	indx	PROPN
economy-573	254	28	)	)	PUNCT
economy-573	254	29	.	.	PUNCT
economy-573	255	1	their	their	PRON
economy-573	255	2	various	various	ADJ
economy-573	255	3	signs	sign	NOUN
economy-573	255	4	are	be	AUX
economy-573	255	5	indication	indication	NOUN
economy-573	255	6	that	that	SCONJ
economy-573	255	7	when	when	SCONJ
economy-573	255	8	these	these	DET
economy-573	255	9	variables	variable	NOUN
economy-573	255	10	increase	increase	VERB
economy-573	255	11	by	by	ADP
economy-573	255	12	1	1	NUM
economy-573	255	13	percent	percent	NOUN
economy-573	255	14	,	,	PUNCT
economy-573	255	15	the	the	DET
economy-573	255	16	market	market	NOUN
economy-573	255	17	capitalization	capitalization	NOUN
economy-573	255	18	decreases	decrease	VERB
economy-573	255	19	by	by	ADP
economy-573	255	20	the	the	DET
economy-573	255	21	coefficient	coefficient	NOUN
economy-573	255	22	assigned	assign	VERB
economy-573	255	23	to	to	ADP
economy-573	255	24	each	each	PRON
economy-573	255	25	of	of	ADP
economy-573	255	26	these	these	DET
economy-573	255	27	explanatory	explanatory	ADJ
economy-573	255	28	variables	variable	NOUN
economy-573	255	29	.	.	PUNCT
economy-573	256	1	the	the	DET
economy-573	256	2	turn	turn	NOUN
economy-573	256	3	over	over	ADP
economy-573	256	4	ratio	ratio	NOUN
economy-573	256	5	(	(	PUNCT
economy-573	256	6	tvr	tvr	NOUN
economy-573	256	7	)	)	PUNCT
economy-573	256	8	in	in	ADP
economy-573	256	9	particular	particular	ADJ
economy-573	256	10	,	,	PUNCT
economy-573	256	11	though	though	SCONJ
economy-573	256	12	insignificant	insignificant	ADJ
economy-573	256	13	at	at	ADP
economy-573	256	14	5	5	NUM
economy-573	256	15	percent	percent	NOUN
economy-573	256	16	level	level	NOUN
economy-573	256	17	,	,	PUNCT
economy-573	256	18	it	it	PRON
economy-573	256	19	contributed	contribute	VERB
economy-573	256	20	positively	positively	ADV
economy-573	256	21	and	and	CCONJ
economy-573	256	22	has	have	VERB
economy-573	256	23	a	a	DET
economy-573	256	24	large	large	ADJ
economy-573	256	25	coefficient	coefficient	NOUN
economy-573	256	26	of	of	ADP
economy-573	256	27	216.94	216.94	NUM
economy-573	256	28	.	.	PUNCT
economy-573	257	1	the	the	DET
economy-573	257	2	result	result	NOUN
economy-573	257	3	supports	support	VERB
economy-573	257	4	the	the	DET
economy-573	257	5	finding	finding	NOUN
economy-573	257	6	that	that	SCONJ
economy-573	257	7	the	the	DET
economy-573	257	8	market	market	NOUN
economy-573	257	9	liquidity	liquidity	NOUN
economy-573	257	10	rates	rate	NOUN
economy-573	257	11	have	have	AUX
economy-573	257	12	positive	positive	ADJ
economy-573	257	13	impact	impact	NOUN
economy-573	257	14	on	on	ADP
economy-573	257	15	stock	stock	NOUN
economy-573	257	16	market	market	NOUN
economy-573	257	17	capitalization	capitalization	NOUN
economy-573	257	18	.	.	PUNCT
economy-573	258	1	according	accord	VERB
economy-573	258	2	to	to	ADP
economy-573	258	3	levine	levine	PROPN
economy-573	258	4	and	and	CCONJ
economy-573	258	5	zervos	zervos	PROPN
economy-573	258	6	(	(	PUNCT
economy-573	258	7	1996	1996	NUM
economy-573	258	8	)	)	PUNCT
economy-573	258	9	liquidity	liquidity	NOUN
economy-573	258	10	helps	help	VERB
economy-573	258	11	investors	investor	NOUN
economy-573	258	12	to	to	PART
economy-573	258	13	facilitate	facilitate	VERB
economy-573	258	14	investment	investment	NOUN
economy-573	258	15	projects	project	NOUN
economy-573	258	16	and	and	CCONJ
economy-573	258	17	make	make	VERB
economy-573	258	18	them	they	PRON
economy-573	258	19	less	less	ADV
economy-573	258	20	risky	risky	ADJ
economy-573	258	21	.	.	PUNCT
economy-573	259	1	again	again	ADV
economy-573	259	2	the	the	DET
economy-573	259	3	result	result	NOUN
economy-573	259	4	has	have	AUX
economy-573	259	5	re	re	VERB
economy-573	259	6	-	-	VERB
economy-573	259	7	emphasized	emphasize	VERB
economy-573	259	8	the	the	DET
economy-573	259	9	importance	importance	NOUN
economy-573	259	10	of	of	ADP
economy-573	259	11	openness	openness	NOUN
economy-573	259	12	of	of	ADP
economy-573	259	13	the	the	DET
economy-573	259	14	economy	economy	NOUN
economy-573	259	15	.	.	PUNCT
economy-573	260	1	the	the	DET
economy-573	260	2	coefficient	coefficient	NOUN
economy-573	260	3	of	of	ADP
economy-573	260	4	opn	opn	PROPN
economy-573	260	5	was	be	AUX
economy-573	260	6	positive	positive	ADJ
economy-573	260	7	,	,	PUNCT
economy-573	260	8	significant	significant	ADJ
economy-573	260	9	and	and	CCONJ
economy-573	260	10	large	large	ADJ
economy-573	260	11	.	.	PUNCT
economy-573	261	1	it	it	PRON
economy-573	261	2	is	be	AUX
economy-573	261	3	clear	clear	ADJ
economy-573	261	4	that	that	SCONJ
economy-573	261	5	openness	openness	NOUN
economy-573	261	6	engenders	engender	VERB
economy-573	261	7	positive	positive	ADJ
economy-573	261	8	development	development	NOUN
economy-573	261	9	in	in	ADP
economy-573	261	10	the	the	DET
economy-573	261	11	stock	stock	NOUN
economy-573	261	12	market	market	NOUN
economy-573	261	13	.	.	PUNCT
economy-573	262	1	but	but	CCONJ
economy-573	262	2	the	the	DET
economy-573	262	3	foreign	foreign	ADJ
economy-573	262	4	portfolio	portfolio	NOUN
economy-573	262	5	investment	investment	NOUN
economy-573	262	6	(	(	PUNCT
economy-573	262	7	fpi	fpi	PROPN
economy-573	262	8	)	)	PUNCT
economy-573	262	9	,	,	PUNCT
economy-573	262	10	though	though	SCONJ
economy-573	262	11	it	it	PRON
economy-573	262	12	has	have	VERB
economy-573	262	13	large	large	ADJ
economy-573	262	14	coefficient	coefficient	NOUN
economy-573	262	15	,	,	PUNCT
economy-573	262	16	it	it	PRON
economy-573	262	17	appeared	appear	VERB
economy-573	262	18	with	with	ADP
economy-573	262	19	negative	negative	ADJ
economy-573	262	20	insignificant	insignificant	ADJ
economy-573	262	21	sign	sign	NOUN
economy-573	262	22	.	.	PUNCT
economy-573	263	1	this	this	PRON
economy-573	263	2	indicates	indicate	VERB
economy-573	263	3	that	that	SCONJ
economy-573	263	4	foreign	foreign	ADJ
economy-573	263	5	portfolio	portfolio	NOUN
economy-573	263	6	investment	investment	NOUN
economy-573	263	7	in	in	ADP
economy-573	263	8	nigeria	nigeria	PROPN
economy-573	263	9	is	be	AUX
economy-573	263	10	not	not	PART
economy-573	263	11	yet	yet	ADV
economy-573	263	12	adequate	adequate	ADJ
economy-573	263	13	to	to	PART
economy-573	263	14	contribute	contribute	VERB
economy-573	263	15	positively	positively	ADV
economy-573	263	16	and	and	CCONJ
economy-573	263	17	significantly	significantly	ADV
economy-573	263	18	to	to	ADP
economy-573	263	19	capital	capital	NOUN
economy-573	263	20	market	market	NOUN
economy-573	263	21	development	development	NOUN
economy-573	263	22	.	.	PUNCT
economy-573	264	1	it	it	PRON
economy-573	264	2	implies	imply	VERB
economy-573	264	3	that	that	SCONJ
economy-573	264	4	what	what	PRON
economy-573	264	5	is	be	AUX
economy-573	264	6	taken	take	VERB
economy-573	264	7	out	out	ADP
economy-573	264	8	of	of	ADP
economy-573	264	9	the	the	DET
economy-573	264	10	capital	capital	NOUN
economy-573	264	11	market	market	NOUN
economy-573	264	12	in	in	ADP
economy-573	264	13	terms	term	NOUN
economy-573	264	14	of	of	ADP
economy-573	264	15	capital	capital	NOUN
economy-573	264	16	flight	flight	NOUN
economy-573	264	17	is	be	AUX
economy-573	264	18	more	more	ADJ
economy-573	264	19	than	than	ADP
economy-573	264	20	what	what	PRON
economy-573	264	21	comes	come	VERB
economy-573	264	22	into	into	ADP
economy-573	264	23	the	the	DET
economy-573	264	24	market	market	NOUN
economy-573	264	25	in	in	ADP
economy-573	264	26	form	form	NOUN
economy-573	264	27	of	of	ADP
economy-573	264	28	portfolio	portfolio	NOUN
economy-573	264	29	investment	investment	NOUN
economy-573	264	30	.	.	PUNCT
economy-573	265	1	also	also	ADV
economy-573	265	2	on	on	ADP
economy-573	265	3	the	the	DET
economy-573	265	4	result	result	NOUN
economy-573	265	5	of	of	ADP
economy-573	265	6	money	money	NOUN
economy-573	265	7	supply	supply	NOUN
economy-573	265	8	,	,	PUNCT
economy-573	265	9	it	it	PRON
economy-573	265	10	is	be	AUX
economy-573	265	11	indicative	indicative	ADJ
economy-573	265	12	that	that	SCONJ
economy-573	265	13	increase	increase	NOUN
economy-573	265	14	in	in	ADP
economy-573	265	15	money	money	NOUN
economy-573	265	16	supply	supply	NOUN
economy-573	265	17	make	make	VERB
economy-573	265	18	for	for	ADP
economy-573	265	19	positive	positive	ADJ
economy-573	265	20	and	and	CCONJ
economy-573	265	21	significant	significant	ADJ
economy-573	265	22	development	development	NOUN
economy-573	265	23	of	of	ADP
economy-573	265	24	the	the	DET
economy-573	265	25	stock	stock	NOUN
economy-573	265	26	market	market	NOUN
economy-573	265	27	.	.	PUNCT
economy-573	266	1	the	the	DET
economy-573	266	2	coefficient	coefficient	NOUN
economy-573	266	3	of	of	ADP
economy-573	266	4	money	money	NOUN
economy-573	266	5	supply	supply	NOUN
economy-573	266	6	(	(	PUNCT
economy-573	266	7	m2	m2	PROPN
economy-573	266	8	)	)	PUNCT
economy-573	266	9	is	be	AUX
economy-573	266	10	very	very	ADV
economy-573	266	11	high	high	ADJ
economy-573	266	12	at	at	ADP
economy-573	266	13	124.51	124.51	NUM
economy-573	266	14	.	.	PUNCT
economy-573	267	1	the	the	DET
economy-573	267	2	rgdp	rgdp	NOUN
economy-573	267	3	contributed	contribute	VERB
economy-573	267	4	negatively	negatively	ADV
economy-573	267	5	and	and	CCONJ
economy-573	267	6	insignificantly	insignificantly	ADV
economy-573	267	7	to	to	ADP
economy-573	267	8	capital	capital	NOUN
economy-573	267	9	market	market	NOUN
economy-573	267	10	development	development	NOUN
economy-573	267	11	in	in	ADP
economy-573	267	12	nigeria	nigeria	PROPN
economy-573	267	13	over	over	ADP
economy-573	267	14	the	the	DET
economy-573	267	15	period	period	NOUN
economy-573	267	16	of	of	ADP
economy-573	267	17	our	our	PRON
economy-573	267	18	study	study	NOUN
economy-573	267	19	.	.	PUNCT
economy-573	268	1	on	on	ADP
economy-573	268	2	the	the	DET
economy-573	268	3	whole	whole	NOUN
economy-573	268	4	,	,	PUNCT
economy-573	268	5	the	the	DET
economy-573	268	6	r	r	NOUN
economy-573	268	7	2	2	NUM
economy-573	268	8	and	and	CCONJ
economy-573	268	9	r	r	NOUN
economy-573	268	10	-2	-2	NOUN
economy-573	268	11	of	of	ADP
economy-573	268	12	0.94	0.94	NUM
economy-573	268	13	and	and	CCONJ
economy-573	268	14	0.92	0.92	NUM
economy-573	268	15	respectively	respectively	ADV
economy-573	268	16	,	,	PUNCT
economy-573	268	17	indicates	indicate	VERB
economy-573	268	18	that	that	SCONJ
economy-573	268	19	capital	capital	NOUN
economy-573	268	20	market	market	NOUN
economy-573	268	21	development	development	NOUN
economy-573	268	22	is	be	AUX
economy-573	268	23	adequately	adequately	ADV
economy-573	268	24	explained	explain	VERB
economy-573	268	25	by	by	ADP
economy-573	268	26	the	the	DET
economy-573	268	27	model	model	NOUN
economy-573	268	28	.	.	PUNCT
economy-573	269	1	by	by	ADP
economy-573	269	2	implication	implication	NOUN
economy-573	269	3	,	,	PUNCT
economy-573	269	4	94	94	NUM
economy-573	269	5	percent	percent	NOUN
economy-573	269	6	variations	variation	NOUN
economy-573	269	7	in	in	ADP
economy-573	269	8	capital	capital	NOUN
economy-573	269	9	market	market	NOUN
economy-573	269	10	development	development	NOUN
economy-573	269	11	are	be	AUX
economy-573	269	12	explained	explain	VERB
economy-573	269	13	by	by	ADP
economy-573	269	14	the	the	DET
economy-573	269	15	explanatory	explanatory	ADJ
economy-573	269	16	variables	variable	NOUN
economy-573	269	17	.	.	PUNCT
economy-573	270	1	the	the	DET
economy-573	270	2	durbin	durbin	NOUN
economy-573	270	3	-	-	PUNCT
economy-573	270	4	watson	watson	NOUN
economy-573	270	5	(	(	PUNCT
economy-573	270	6	dw	dw	PROPN
economy-573	270	7	)	)	PUNCT
economy-573	270	8	statistics	statistic	NOUN
economy-573	270	9	of	of	ADP
economy-573	270	10	1.92	1.92	NUM
economy-573	270	11	which	which	PRON
economy-573	270	12	is	be	AUX
economy-573	270	13	approximately	approximately	ADV
economy-573	270	14	„	„	PUNCT
economy-573	270	15	2‟	2‟	NOUN
economy-573	270	16	indicates	indicate	VERB
economy-573	270	17	absence	absence	NOUN
economy-573	270	18	of	of	ADP
economy-573	270	19	autocorrelation	autocorrelation	NOUN
economy-573	270	20	and	and	CCONJ
economy-573	270	21	tends	tend	VERB
economy-573	270	22	to	to	PART
economy-573	270	23	support	support	VERB
economy-573	270	24	the	the	DET
economy-573	270	25	model	model	NOUN
economy-573	270	26	estimated	estimate	VERB
economy-573	270	27	with	with	ADP
economy-573	270	28	the	the	DET
economy-573	270	29	gmm	gmm	PROPN
economy-573	270	30	procedures	procedure	NOUN
economy-573	270	31	.	.	PUNCT
economy-573	271	1	the	the	DET
economy-573	271	2	result	result	NOUN
economy-573	271	3	and	and	CCONJ
economy-573	271	4	findings	finding	NOUN
economy-573	271	5	shows	show	VERB
economy-573	271	6	that	that	SCONJ
economy-573	271	7	there	there	PRON
economy-573	271	8	is	be	VERB
economy-573	271	9	significant	significant	ADJ
economy-573	271	10	relationship	relationship	NOUN
economy-573	271	11	between	between	ADP
economy-573	271	12	capital	capital	NOUN
economy-573	271	13	market	market	NOUN
economy-573	271	14	reforms	reform	NOUN
economy-573	271	15	and	and	CCONJ
economy-573	271	16	capital	capital	NOUN
economy-573	271	17	market	market	NOUN
economy-573	271	18	development	development	NOUN
economy-573	271	19	.	.	PUNCT
economy-573	272	1	this	this	DET
economy-573	272	2	result	result	NOUN
economy-573	272	3	is	be	AUX
economy-573	272	4	consistent	consistent	ADJ
economy-573	272	5	with	with	ADP
economy-573	272	6	the	the	DET
economy-573	272	7	findings	finding	NOUN
economy-573	272	8	from	from	ADP
economy-573	272	9	the	the	DET
economy-573	272	10	studies	study	NOUN
economy-573	272	11	by	by	ADP
economy-573	272	12	yartey	yartey	PROPN
economy-573	272	13	(	(	PUNCT
economy-573	272	14	2008	2008	NUM
economy-573	272	15	)	)	PUNCT
economy-573	272	16	;	;	PUNCT
economy-573	272	17	idowu	idowu	NOUN
economy-573	272	18	and	and	CCONJ
economy-573	272	19	babatunde	babatunde	PROPN
economy-573	272	20	(	(	PUNCT
economy-573	272	21	2012	2012	NUM
economy-573	272	22	)	)	PUNCT
economy-573	272	23	and	and	CCONJ
economy-573	272	24	audu	audu	NOUN
economy-573	272	25	(	(	PUNCT
economy-573	272	26	2015	2015	NUM
economy-573	272	27	)	)	PUNCT
economy-573	272	28	.	.	PUNCT
economy-573	273	1	on	on	ADP
economy-573	273	2	the	the	DET
economy-573	273	3	other	other	ADJ
economy-573	273	4	hand	hand	NOUN
economy-573	273	5	,	,	PUNCT
economy-573	273	6	column	column	NOUN
economy-573	273	7	3	3	NUM
economy-573	273	8	and	and	CCONJ
economy-573	273	9	4	4	NUM
economy-573	273	10	of	of	ADP
economy-573	273	11	table	table	NOUN
economy-573	273	12	4.1.1	4.1.1	NOUN
economy-573	273	13	shows	show	VERB
economy-573	273	14	the	the	DET
economy-573	273	15	result	result	NOUN
economy-573	273	16	of	of	ADP
economy-573	273	17	equation	equation	NOUN
economy-573	273	18	3.1.4	3.1.4	NUM
economy-573	273	19	where	where	SCONJ
economy-573	273	20	rgdp	rgdp	NOUN
economy-573	273	21	appeared	appear	VERB
economy-573	273	22	as	as	ADP
economy-573	273	23	the	the	DET
economy-573	273	24	dependent	dependent	ADJ
economy-573	273	25	variable	variable	NOUN
economy-573	273	26	.	.	PUNCT
economy-573	274	1	it	it	PRON
economy-573	274	2	is	be	AUX
economy-573	274	3	noteworthy	noteworthy	ADJ
economy-573	274	4	that	that	SCONJ
economy-573	274	5	the	the	DET
economy-573	274	6	three	three	NUM
economy-573	274	7	indicators	indicator	NOUN
economy-573	274	8	of	of	ADP
economy-573	274	9	capital	capital	NOUN
economy-573	274	10	market	market	NOUN
economy-573	274	11	development	development	NOUN
economy-573	274	12	(	(	PUNCT
economy-573	274	13	mcap	mcap	NOUN
economy-573	274	14	,	,	PUNCT
economy-573	274	15	tvr	tvr	NOUN
economy-573	274	16	and	and	CCONJ
economy-573	274	17	economy	economy	NOUN
economy-573	274	18	,	,	PUNCT
economy-573	274	19	2016	2016	NUM
economy-573	274	20	,	,	PUNCT
economy-573	274	21	3(1	3(1	NUM
economy-573	274	22	):	):	PUNCT
economy-573	274	23	31	31	NUM
economy-573	274	24	-	-	SYM
economy-573	274	25	39	39	NUM
economy-573	274	26	38	38	NUM
economy-573	274	27	vtr	vtr	NOUN
economy-573	274	28	)	)	PUNCT
economy-573	274	29	yielded	yield	VERB
economy-573	274	30	significant	significant	ADJ
economy-573	274	31	results	result	NOUN
economy-573	274	32	to	to	PART
economy-573	274	33	influence	influence	VERB
economy-573	274	34	economic	economic	ADJ
economy-573	274	35	growth	growth	NOUN
economy-573	274	36	.	.	PUNCT
economy-573	275	1	the	the	DET
economy-573	275	2	mcap	mcap	NOUN
economy-573	275	3	and	and	CCONJ
economy-573	275	4	vtr	vtr	PROPN
economy-573	275	5	had	have	VERB
economy-573	275	6	positive	positive	ADJ
economy-573	275	7	signs	sign	NOUN
economy-573	275	8	,	,	PUNCT
economy-573	275	9	while	while	SCONJ
economy-573	275	10	tvr	tvr	PROPN
economy-573	275	11	appeared	appear	VERB
economy-573	275	12	negative	negative	ADJ
economy-573	275	13	.	.	PUNCT
economy-573	276	1	the	the	DET
economy-573	276	2	openness	openness	NOUN
economy-573	276	3	of	of	ADP
economy-573	276	4	the	the	DET
economy-573	276	5	economy	economy	NOUN
economy-573	276	6	(	(	PUNCT
economy-573	276	7	opn	opn	PROPN
economy-573	276	8	)	)	PUNCT
economy-573	276	9	was	be	AUX
economy-573	276	10	significant	significant	ADJ
economy-573	276	11	but	but	CCONJ
economy-573	276	12	had	have	VERB
economy-573	276	13	negative	negative	ADJ
economy-573	276	14	sign	sign	NOUN
economy-573	276	15	.	.	PUNCT
economy-573	277	1	the	the	DET
economy-573	277	2	lagged	lag	VERB
economy-573	277	3	value	value	NOUN
economy-573	277	4	of	of	ADP
economy-573	277	5	rgdp	rgdp	NOUN
economy-573	277	6	was	be	AUX
economy-573	277	7	highly	highly	ADV
economy-573	277	8	significant	significant	ADJ
economy-573	277	9	and	and	CCONJ
economy-573	277	10	positive	positive	ADJ
economy-573	277	11	,	,	PUNCT
economy-573	277	12	to	to	PART
economy-573	277	13	explain	explain	VERB
economy-573	277	14	changes	change	NOUN
economy-573	277	15	in	in	ADP
economy-573	277	16	current	current	ADJ
economy-573	277	17	rdgp	rdgp	NOUN
economy-573	277	18	.	.	PUNCT
economy-573	278	1	the	the	DET
economy-573	278	2	result	result	NOUN
economy-573	278	3	from	from	ADP
economy-573	278	4	r	r	NOUN
economy-573	278	5	-	-	PUNCT
economy-573	278	6	squared	square	VERB
economy-573	278	7	and	and	CCONJ
economy-573	278	8	its	its	PRON
economy-573	278	9	adjusted	adjust	VERB
economy-573	278	10	value	value	NOUN
economy-573	278	11	of	of	ADP
economy-573	278	12	0.99	0.99	NUM
economy-573	278	13	and	and	CCONJ
economy-573	278	14	0.98	0.98	NUM
economy-573	278	15	respectively	respectively	ADV
economy-573	278	16	,	,	PUNCT
economy-573	278	17	indicated	indicate	VERB
economy-573	278	18	that	that	SCONJ
economy-573	278	19	economic	economic	ADJ
economy-573	278	20	growth	growth	NOUN
economy-573	278	21	in	in	ADP
economy-573	278	22	nigeria	nigeria	PROPN
economy-573	278	23	is	be	AUX
economy-573	278	24	adequately	adequately	ADV
economy-573	278	25	explained	explain	VERB
economy-573	278	26	by	by	ADP
economy-573	278	27	the	the	DET
economy-573	278	28	model	model	NOUN
economy-573	278	29	over	over	ADP
economy-573	278	30	the	the	DET
economy-573	278	31	period	period	NOUN
economy-573	278	32	of	of	ADP
economy-573	278	33	1984	1984	NUM
economy-573	278	34	to	to	ADP
economy-573	278	35	2014	2014	NUM
economy-573	278	36	.	.	PUNCT
economy-573	279	1	durbin	durbin	ADJ
economy-573	279	2	-watson	-watson	PROPN
economy-573	279	3	(	(	PUNCT
economy-573	279	4	dw	dw	NOUN
economy-573	279	5	)	)	PUNCT
economy-573	279	6	of	of	ADP
economy-573	279	7	2.32	2.32	NUM
economy-573	279	8	which	which	PRON
economy-573	279	9	is	be	AUX
economy-573	279	10	approximately	approximately	ADV
economy-573	279	11	„	„	PUNCT
economy-573	279	12	2‟	2‟	NOUN
economy-573	279	13	indicates	indicate	VERB
economy-573	279	14	absence	absence	NOUN
economy-573	279	15	of	of	ADP
economy-573	279	16	autocorrelation	autocorrelation	NOUN
economy-573	279	17	.	.	PUNCT
economy-573	280	1	this	this	PRON
economy-573	280	2	implies	imply	VERB
economy-573	280	3	that	that	SCONJ
economy-573	280	4	the	the	DET
economy-573	280	5	analysis	analysis	NOUN
economy-573	280	6	is	be	AUX
economy-573	280	7	free	free	ADJ
economy-573	280	8	from	from	ADP
economy-573	280	9	the	the	DET
economy-573	280	10	problem	problem	NOUN
economy-573	280	11	of	of	ADP
economy-573	280	12	serial	serial	ADJ
economy-573	280	13	correlation	correlation	NOUN
economy-573	280	14	,	,	PUNCT
economy-573	280	15	and	and	CCONJ
economy-573	280	16	tends	tend	VERB
economy-573	280	17	to	to	PART
economy-573	280	18	support	support	VERB
economy-573	280	19	the	the	DET
economy-573	280	20	model	model	NOUN
economy-573	280	21	estimated	estimate	VERB
economy-573	280	22	with	with	ADP
economy-573	280	23	the	the	DET
economy-573	280	24	gmm	gmm	PROPN
economy-573	280	25	procedure	procedure	NOUN
economy-573	280	26	.	.	PUNCT
economy-573	281	1	from	from	ADP
economy-573	281	2	the	the	DET
economy-573	281	3	evaluation	evaluation	NOUN
economy-573	281	4	made	make	VERB
economy-573	281	5	we	we	PRON
economy-573	281	6	can	can	AUX
economy-573	281	7	therefore	therefore	ADV
economy-573	281	8	reject	reject	VERB
economy-573	281	9	the	the	DET
economy-573	281	10	null	null	ADJ
economy-573	281	11	hypotheses	hypothesis	NOUN
economy-573	281	12	and	and	CCONJ
economy-573	281	13	accept	accept	VERB
economy-573	281	14	the	the	DET
economy-573	281	15	alternative	alternative	ADJ
economy-573	281	16	hypotheses	hypothesis	NOUN
economy-573	281	17	that	that	SCONJ
economy-573	281	18	there	there	PRON
economy-573	281	19	is	be	VERB
economy-573	281	20	significant	significant	ADJ
economy-573	281	21	relationship	relationship	NOUN
economy-573	281	22	between	between	ADP
economy-573	281	23	capital	capital	NOUN
economy-573	281	24	market	market	NOUN
economy-573	281	25	reforms	reform	NOUN
economy-573	281	26	and	and	CCONJ
economy-573	281	27	economic	economic	ADJ
economy-573	281	28	growth	growth	NOUN
economy-573	281	29	in	in	ADP
economy-573	281	30	nigeria	nigeria	PROPN
economy-573	281	31	.	.	PUNCT
economy-573	282	1	the	the	DET
economy-573	282	2	result	result	NOUN
economy-573	282	3	are	be	AUX
economy-573	282	4	consistent	consistent	ADJ
economy-573	282	5	with	with	ADP
economy-573	282	6	studies	study	NOUN
economy-573	282	7	by	by	ADP
economy-573	282	8	levine	levine	PROPN
economy-573	282	9	and	and	CCONJ
economy-573	282	10	zervos	zervos	PROPN
economy-573	282	11	(	(	PUNCT
economy-573	282	12	1996	1996	NUM
economy-573	282	13	)	)	PUNCT
economy-573	282	14	;	;	PUNCT
economy-573	282	15	anyanwu	anyanwu	NOUN
economy-573	282	16	(	(	PUNCT
economy-573	282	17	1998	1998	NUM
economy-573	282	18	)	)	PUNCT
economy-573	282	19	;	;	PUNCT
economy-573	282	20	ohiomu	ohiomu	NOUN
economy-573	282	21	and	and	CCONJ
economy-573	282	22	godfrey	godfrey	PROPN
economy-573	282	23	(	(	PUNCT
economy-573	282	24	2011	2011	NUM
economy-573	282	25	)	)	PUNCT
economy-573	282	26	;	;	PUNCT
economy-573	282	27	kolapo	kolapo	PROPN
economy-573	282	28	and	and	CCONJ
economy-573	282	29	daramola	daramola	PROPN
economy-573	282	30	(	(	PUNCT
economy-573	282	31	2012	2012	NUM
economy-573	282	32	)	)	PUNCT
economy-573	282	33	and	and	CCONJ
economy-573	282	34	audu	audu	NOUN
economy-573	282	35	(	(	PUNCT
economy-573	282	36	2015	2015	NUM
economy-573	282	37	)	)	PUNCT
economy-573	282	38	.	.	PUNCT
economy-573	283	1	also	also	ADV
economy-573	283	2	the	the	DET
economy-573	283	3	result	result	NOUN
economy-573	283	4	of	of	ADP
economy-573	283	5	wald	wald	PROPN
economy-573	283	6	coefficient	coefficient	PROPN
economy-573	283	7	test	test	NOUN
economy-573	283	8	on	on	ADP
economy-573	283	9	table	table	NOUN
economy-573	283	10	4.1.2	4.1.2	NUM
economy-573	283	11	shows	show	VERB
economy-573	283	12	a	a	DET
economy-573	283	13	chi	chi	ADJ
economy-573	283	14	-	-	PUNCT
economy-573	283	15	square	square	ADJ
economy-573	283	16	value	value	NOUN
economy-573	283	17	of	of	ADP
economy-573	283	18	989439	989439	NUM
economy-573	283	19	and	and	CCONJ
economy-573	283	20	probability	probability	NOUN
economy-573	283	21	value	value	NOUN
economy-573	283	22	of	of	ADP
economy-573	283	23	0.0000	0.0000	NUM
economy-573	283	24	.	.	PUNCT
economy-573	284	1	the	the	DET
economy-573	284	2	low	low	ADJ
economy-573	284	3	probability	probability	NOUN
economy-573	284	4	value	value	NOUN
economy-573	284	5	is	be	AUX
economy-573	284	6	indicative	indicative	ADJ
economy-573	284	7	that	that	SCONJ
economy-573	284	8	the	the	DET
economy-573	284	9	null	null	ADJ
economy-573	284	10	hypothesis	hypothesis	NOUN
economy-573	284	11	is	be	AUX
economy-573	284	12	strongly	strongly	ADV
economy-573	284	13	rejected	reject	VERB
economy-573	284	14	.	.	PUNCT
economy-573	285	1	therefore	therefore	ADV
economy-573	285	2	,	,	PUNCT
economy-573	285	3	the	the	DET
economy-573	285	4	coefficient	coefficient	NOUN
economy-573	285	5	are	be	AUX
economy-573	285	6	asymmetric	asymmetric	ADJ
economy-573	285	7	(	(	PUNCT
economy-573	285	8	i.e.	i.e.	X
economy-573	285	9	significantly	significantly	ADV
economy-573	285	10	different	different	ADJ
economy-573	285	11	from	from	ADP
economy-573	285	12	zero	zero	NUM
economy-573	285	13	)	)	PUNCT
economy-573	285	14	as	as	SCONJ
economy-573	285	15	evidenced	evidence	VERB
economy-573	285	16	by	by	ADP
economy-573	285	17	the	the	DET
economy-573	285	18	low	low	ADJ
economy-573	285	19	probability	probability	NOUN
economy-573	285	20	values	value	NOUN
economy-573	285	21	.	.	PUNCT
economy-573	286	1	5	5	X
economy-573	286	2	.	.	X
economy-573	286	3	summary	summary	NOUN
economy-573	286	4	and	and	CCONJ
economy-573	286	5	conclusion	conclusion	VERB
economy-573	286	6	the	the	DET
economy-573	286	7	analysis	analysis	NOUN
economy-573	286	8	done	do	VERB
economy-573	286	9	in	in	ADP
economy-573	286	10	this	this	DET
economy-573	286	11	study	study	NOUN
economy-573	286	12	has	have	AUX
economy-573	286	13	shown	show	VERB
economy-573	286	14	that	that	SCONJ
economy-573	286	15	the	the	DET
economy-573	286	16	capital	capital	NOUN
economy-573	286	17	market	market	NOUN
economy-573	286	18	reforms	reform	NOUN
economy-573	286	19	introduced	introduce	VERB
economy-573	286	20	in	in	ADP
economy-573	286	21	nigeria	nigeria	PROPN
economy-573	286	22	over	over	ADP
economy-573	286	23	the	the	DET
economy-573	286	24	period	period	NOUN
economy-573	286	25	of	of	ADP
economy-573	286	26	1984	1984	NUM
economy-573	286	27	-	-	SYM
economy-573	286	28	2014	2014	NUM
economy-573	286	29	had	have	VERB
economy-573	286	30	significant	significant	ADJ
economy-573	286	31	positive	positive	ADJ
economy-573	286	32	impact	impact	NOUN
economy-573	286	33	on	on	ADP
economy-573	286	34	stock	stock	NOUN
economy-573	286	35	market	market	NOUN
economy-573	286	36	development	development	NOUN
economy-573	286	37	and	and	CCONJ
economy-573	286	38	economic	economic	ADJ
economy-573	286	39	growth	growth	NOUN
economy-573	286	40	in	in	ADP
economy-573	286	41	nigeria	nigeria	PROPN
economy-573	286	42	.	.	PUNCT
economy-573	287	1	the	the	DET
economy-573	287	2	reform	reform	NOUN
economy-573	287	3	variables	variable	NOUN
economy-573	287	4	such	such	ADJ
economy-573	287	5	as	as	ADP
economy-573	287	6	volume	volume	NOUN
economy-573	287	7	traded	trade	VERB
economy-573	287	8	(	(	PUNCT
economy-573	287	9	vtr	vtr	NOUN
economy-573	287	10	)	)	PUNCT
economy-573	287	11	,	,	PUNCT
economy-573	287	12	turnover	turnover	NOUN
economy-573	287	13	ratio	ratio	NOUN
economy-573	287	14	(	(	PUNCT
economy-573	287	15	tvr	tvr	PROPN
economy-573	287	16	)	)	PUNCT
economy-573	287	17	,	,	PUNCT
economy-573	287	18	market	market	NOUN
economy-573	287	19	capitalization	capitalization	NOUN
economy-573	287	20	(	(	PUNCT
economy-573	287	21	mcap	mcap	NOUN
economy-573	287	22	)	)	PUNCT
economy-573	287	23	,	,	PUNCT
economy-573	287	24	openness	openness	NOUN
economy-573	287	25	(	(	PUNCT
economy-573	287	26	opn	opn	PROPN
economy-573	287	27	)	)	PUNCT
economy-573	287	28	,	,	PUNCT
economy-573	287	29	money	money	NOUN
economy-573	287	30	supply	supply	NOUN
economy-573	287	31	(	(	PUNCT
economy-573	287	32	m2	m2	PROPN
economy-573	287	33	)	)	PUNCT
economy-573	287	34	and	and	CCONJ
economy-573	287	35	rgdp	rgdp	NOUN
economy-573	287	36	had	have	AUX
economy-573	287	37	significantly	significantly	ADV
economy-573	287	38	impacted	impact	VERB
economy-573	287	39	the	the	DET
economy-573	287	40	models	model	NOUN
economy-573	287	41	of	of	ADP
economy-573	287	42	our	our	PRON
economy-573	287	43	study	study	NOUN
economy-573	287	44	over	over	ADP
economy-573	287	45	the	the	DET
economy-573	287	46	periods	period	NOUN
economy-573	287	47	covered	cover	VERB
economy-573	287	48	by	by	ADP
economy-573	287	49	the	the	DET
economy-573	287	50	study	study	NOUN
economy-573	287	51	.	.	PUNCT
economy-573	288	1	all	all	DET
economy-573	288	2	these	these	PRON
economy-573	288	3	implies	imply	VERB
economy-573	288	4	that	that	SCONJ
economy-573	288	5	further	further	ADJ
economy-573	288	6	reforms	reform	NOUN
economy-573	288	7	especially	especially	ADV
economy-573	288	8	in	in	ADP
economy-573	288	9	market	market	NOUN
economy-573	288	10	security	security	NOUN
economy-573	288	11	,	,	PUNCT
economy-573	288	12	sensitization	sensitization	NOUN
economy-573	288	13	and	and	CCONJ
economy-573	288	14	widening	widen	VERB
economy-573	288	15	the	the	DET
economy-573	288	16	participation	participation	NOUN
economy-573	288	17	zone	zone	NOUN
economy-573	288	18	to	to	PART
economy-573	288	19	incorporate	incorporate	VERB
economy-573	288	20	rural	rural	ADJ
economy-573	288	21	dwellers	dweller	NOUN
economy-573	288	22	and	and	CCONJ
economy-573	288	23	small	small	ADJ
economy-573	288	24	firms	firm	NOUN
economy-573	288	25	will	will	AUX
economy-573	288	26	go	go	VERB
economy-573	288	27	a	a	DET
economy-573	288	28	long	long	ADJ
economy-573	288	29	way	way	NOUN
economy-573	288	30	to	to	PART
economy-573	288	31	develop	develop	VERB
economy-573	288	32	the	the	DET
economy-573	288	33	capital	capital	NOUN
economy-573	288	34	market	market	NOUN
economy-573	288	35	in	in	ADP
economy-573	288	36	particular	particular	ADJ
economy-573	288	37	and	and	CCONJ
economy-573	288	38	the	the	DET
economy-573	288	39	economy	economy	NOUN
economy-573	288	40	in	in	ADP
economy-573	288	41	general	general	ADJ
economy-573	288	42	.	.	PUNCT
economy-573	289	1	references	reference	NOUN
economy-573	289	2	abu	abu	PROPN
economy-573	289	3	,	,	PUNCT
economy-573	289	4	n.	n.	NOUN
economy-573	289	5	,	,	PUNCT
economy-573	289	6	2009	2009	NUM
economy-573	289	7	.	.	PUNCT
economy-573	290	1	does	do	AUX
economy-573	290	2	stock	stock	NOUN
economy-573	290	3	market	market	NOUN
economy-573	290	4	growth	growth	NOUN
economy-573	290	5	raise	raise	VERB
economy-573	290	6	economic	economic	ADJ
economy-573	290	7	growth	growth	NOUN
economy-573	290	8	?	?	PUNCT
economy-573	291	1	evidence	evidence	NOUN
economy-573	291	2	from	from	ADP
economy-573	291	3	nigeria	nigeria	PROPN
economy-573	291	4	.	.	PUNCT
economy-573	292	1	journal	journal	PROPN
economy-573	292	2	of	of	ADP
economy-573	292	3	banking	banking	NOUN
economy-573	292	4	and	and	CCONJ
economy-573	292	5	finance	finance	NOUN
economy-573	292	6	,	,	PUNCT
economy-573	292	7	1(1	1(1	NUM
economy-573	292	8	):	):	PUNCT
economy-573	292	9	15	15	NUM
economy-573	292	10	-	-	SYM
economy-573	292	11	26	26	NUM
economy-573	292	12	.	.	PUNCT
economy-573	293	1	adam	adam	PROPN
economy-573	293	2	,	,	PUNCT
economy-573	293	3	j.	j.	PROPN
economy-573	293	4	and	and	CCONJ
economy-573	293	5	i.	i.	PROPN
economy-573	293	6	sanni	sanni	PROPN
economy-573	293	7	,	,	PUNCT
economy-573	293	8	2005	2005	NUM
economy-573	293	9	.	.	PUNCT
economy-573	294	1	stock	stock	NOUN
economy-573	294	2	market	market	NOUN
economy-573	294	3	development	development	NOUN
economy-573	294	4	and	and	CCONJ
economy-573	294	5	nigerian	nigerian	ADJ
economy-573	294	6	economic	economic	ADJ
economy-573	294	7	growth	growth	NOUN
economy-573	294	8	.	.	PUNCT
economy-573	295	1	journal	journal	NOUN
economy-573	295	2	of	of	ADP
economy-573	295	3	economics	economic	NOUN
economy-573	295	4	and	and	CCONJ
economy-573	295	5	allied	ally	VERB
economy-573	295	6	fields	field	NOUN
economy-573	295	7	,	,	PUNCT
economy-573	295	8	2(2	2(2	NUM
economy-573	295	9	):	):	PUNCT
economy-573	295	10	116132	116132	NUM
economy-573	295	11	.	.	PUNCT
economy-573	296	1	al	al	PROPN
economy-573	296	2	-	-	PUNCT
economy-573	296	3	faki	faki	PROPN
economy-573	296	4	,	,	PUNCT
economy-573	296	5	m.	m.	NOUN
economy-573	296	6	,	,	PUNCT
economy-573	296	7	2006	2006	NUM
economy-573	296	8	.	.	PUNCT
economy-573	297	1	the	the	DET
economy-573	297	2	nigerian	nigerian	ADJ
economy-573	297	3	capital	capital	NOUN
economy-573	297	4	market	market	NOUN
economy-573	297	5	and	and	CCONJ
economy-573	297	6	socio	socio	NOUN
economy-573	297	7	-	-	PUNCT
economy-573	297	8	economic	economic	ADJ
economy-573	297	9	development	development	NOUN
economy-573	297	10	.	.	PUNCT
economy-573	298	1	paper	paper	NOUN
economy-573	298	2	presented	present	VERB
economy-573	298	3	at	at	ADP
economy-573	298	4	the	the	DET
economy-573	298	5	4th	4th	ADJ
economy-573	298	6	distinguished	distinguished	ADJ
economy-573	298	7	faculty	faculty	NOUN
economy-573	298	8	of	of	ADP
economy-573	298	9	social	social	ADJ
economy-573	298	10	science	science	NOUN
economy-573	298	11	public	public	ADJ
economy-573	298	12	lecture	lecture	NOUN
economy-573	298	13	.	.	PUNCT
economy-573	299	1	university	university	NOUN
economy-573	299	2	of	of	ADP
economy-573	299	3	benin	benin	PROPN
economy-573	299	4	.	.	PUNCT
economy-573	300	1	pp	pp	ADV
economy-573	300	2	:	:	PUNCT
economy-573	300	3	9	9	NUM
economy-573	300	4	-	-	SYM
economy-573	300	5	16	16	NUM
economy-573	300	6	.	.	PUNCT
economy-573	300	7	alile	alile	PROPN
economy-573	300	8	,	,	PUNCT
economy-573	300	9	h.	h.	PROPN
economy-573	300	10	,	,	PUNCT
economy-573	300	11	1996	1996	NUM
economy-573	300	12	.	.	PUNCT
economy-573	301	1	government	government	NOUN
economy-573	301	2	must	must	AUX
economy-573	301	3	divest	divest	VERB
economy-573	301	4	.	.	PUNCT
economy-573	302	1	nigeria	nigeria	PROPN
economy-573	302	2	business	business	PROPN
economy-573	302	3	concord	concord	PROPN
economy-573	302	4	:	:	PUNCT
economy-573	302	5	december	december	PROPN
economy-573	302	6	,	,	PUNCT
economy-573	302	7	2(2	2(2	NUM
economy-573	302	8	):	):	PUNCT
economy-573	302	9	8	8	NUM
economy-573	302	10	.	.	X
economy-573	303	1	anyanwu	anyanwu	PROPN
economy-573	303	2	,	,	PUNCT
economy-573	303	3	j.	j.	PROPN
economy-573	303	4	,	,	PUNCT
economy-573	303	5	1998	1998	NUM
economy-573	303	6	.	.	PUNCT
economy-573	304	1	stock	stock	NOUN
economy-573	304	2	market	market	NOUN
economy-573	304	3	development	development	NOUN
economy-573	304	4	and	and	CCONJ
economy-573	304	5	nigerian	nigerian	ADJ
economy-573	304	6	economic	economic	ADJ
economy-573	304	7	growth	growth	NOUN
economy-573	304	8	.	.	PUNCT
economy-573	305	1	nigerian	nigerian	ADJ
economy-573	305	2	financial	financial	PROPN
economy-573	305	3	review	review	PROPN
economy-573	305	4	,	,	PUNCT
economy-573	305	5	7(2	7(2	NUM
economy-573	305	6	):	):	PUNCT
economy-573	305	7	6	6	NUM
economy-573	305	8	-	-	SYM
economy-573	305	9	13	13	NUM
economy-573	305	10	.	.	PUNCT
economy-573	306	1	atje	atje	PROPN
economy-573	306	2	,	,	PUNCT
economy-573	306	3	r.	r.	PROPN
economy-573	306	4	and	and	CCONJ
economy-573	306	5	m.	m.	PROPN
economy-573	306	6	jovanovic	jovanovic	PROPN
economy-573	306	7	,	,	PUNCT
economy-573	306	8	1998	1998	NUM
economy-573	306	9	.	.	PUNCT
economy-573	307	1	stock	stock	NOUN
economy-573	307	2	market	market	NOUN
economy-573	307	3	and	and	CCONJ
economy-573	307	4	development	development	NOUN
economy-573	307	5	.	.	PUNCT
economy-573	308	1	european	european	PROPN
economy-573	308	2	economic	economic	PROPN
economy-573	308	3	review	review	PROPN
economy-573	308	4	,	,	PUNCT
economy-573	308	5	37	37	NUM
economy-573	308	6	:	:	PUNCT
economy-573	308	7	632	632	NUM
economy-573	308	8	-	-	SYM
economy-573	308	9	640	640	NUM
economy-573	308	10	.	.	PUNCT
economy-573	309	1	audu	audu	ADJ
economy-573	309	2	,	,	PUNCT
economy-573	309	3	k.	k.	PROPN
economy-573	309	4	,	,	PUNCT
economy-573	309	5	2015	2015	NUM
economy-573	309	6	.	.	PUNCT
economy-573	310	1	the	the	DET
economy-573	310	2	impact	impact	NOUN
economy-573	310	3	of	of	ADP
economy-573	310	4	capital	capital	NOUN
economy-573	310	5	market	market	NOUN
economy-573	310	6	reforms	reform	NOUN
economy-573	310	7	on	on	ADP
economy-573	310	8	capital	capital	NOUN
economy-573	310	9	market	market	NOUN
economy-573	310	10	development	development	NOUN
economy-573	310	11	and	and	CCONJ
economy-573	310	12	economic	economic	ADJ
economy-573	310	13	growth	growth	NOUN
economy-573	310	14	in	in	ADP
economy-573	310	15	nigeria	nigeria	PROPN
economy-573	310	16	:	:	PUNCT
economy-573	310	17	1970	1970	NUM
economy-573	310	18	-	-	SYM
economy-573	310	19	2011	2011	NUM
economy-573	310	20	:	:	PUNCT
economy-573	310	21	an	an	DET
economy-573	310	22	msc	msc	PROPN
economy-573	310	23	economics	economics	PROPN
economy-573	310	24	dissertation	dissertation	NOUN
economy-573	310	25	,	,	PUNCT
economy-573	310	26	university	university	NOUN
economy-573	310	27	of	of	ADP
economy-573	310	28	abuja	abuja	PROPN
economy-573	310	29	nigeria	nigeria	PROPN
economy-573	310	30	.	.	PUNCT
economy-573	311	1	bekaert	bekaert	PROPN
economy-573	311	2	,	,	PUNCT
economy-573	311	3	g.	g.	PROPN
economy-573	311	4	,	,	PUNCT
economy-573	311	5	c.	c.	PROPN
economy-573	311	6	harvey	harvey	PROPN
economy-573	311	7	and	and	CCONJ
economy-573	311	8	c.	c.	PROPN
economy-573	311	9	lunlad	lunlad	PROPN
economy-573	311	10	,	,	PUNCT
economy-573	311	11	2005	2005	NUM
economy-573	311	12	.	.	PUNCT
economy-573	312	1	do	do	AUX
economy-573	312	2	financial	financial	ADJ
economy-573	312	3	liberation	liberation	NOUN
economy-573	312	4	spur	spur	VERB
economy-573	312	5	growth	growth	NOUN
economy-573	312	6	?	?	PUNCT
economy-573	313	1	journal	journal	NOUN
economy-573	313	2	of	of	ADP
economy-573	313	3	financial	financial	ADJ
economy-573	313	4	economics	economic	NOUN
economy-573	313	5	,	,	PUNCT
economy-573	313	6	77(1	77(1	NUM
economy-573	313	7	):	):	PUNCT
economy-573	313	8	3	3	NUM
economy-573	313	9	-	-	SYM
economy-573	313	10	55	55	NUM
economy-573	313	11	.	.	PUNCT
economy-573	314	1	bencivenga	bencivenga	PROPN
economy-573	314	2	,	,	PUNCT
economy-573	314	3	v.r	v.r	PROPN
economy-573	314	4	.	.	PROPN
economy-573	314	5	,	,	PUNCT
economy-573	314	6	b.d	b.d	PROPN
economy-573	314	7	.	.	PROPN
economy-573	314	8	smith	smith	PROPN
economy-573	314	9	and	and	CCONJ
economy-573	314	10	r.m	r.m	PROPN
economy-573	314	11	.	.	PROPN
economy-573	314	12	starr	starr	PROPN
economy-573	314	13	,	,	PUNCT
economy-573	314	14	1996	1996	NUM
economy-573	314	15	.	.	PUNCT
economy-573	315	1	equity	equity	NOUN
economy-573	315	2	markets	market	NOUN
economy-573	315	3	,	,	PUNCT
economy-573	315	4	transaction	transaction	NOUN
economy-573	315	5	cost	cost	NOUN
economy-573	315	6	and	and	CCONJ
economy-573	315	7	capital	capital	NOUN
economy-573	315	8	accummulation	accummulation	NOUN
economy-573	315	9	:	:	PUNCT
economy-573	315	10	an	an	DET
economy-573	315	11	illustration	illustration	NOUN
economy-573	315	12	.	.	PUNCT
economy-573	316	1	world	world	PROPN
economy-573	316	2	bank	bank	PROPN
economy-573	316	3	economic	economic	PROPN
economy-573	316	4	review	review	PROPN
economy-573	316	5	,	,	PUNCT
economy-573	316	6	10(2	10(2	NUM
economy-573	316	7	):	):	PUNCT
economy-573	316	8	241	241	NUM
economy-573	316	9	-	-	SYM
economy-573	316	10	265	265	NUM
economy-573	316	11	.	.	PUNCT
economy-573	317	1	bhide	bhide	PROPN
economy-573	317	2	,	,	PUNCT
economy-573	317	3	a.	a.	NOUN
economy-573	317	4	,	,	PUNCT
economy-573	317	5	1993	1993	NUM
economy-573	317	6	.	.	PUNCT
economy-573	318	1	the	the	DET
economy-573	318	2	hidden	hide	VERB
economy-573	318	3	cost	cost	NOUN
economy-573	318	4	of	of	ADP
economy-573	318	5	stock	stock	NOUN
economy-573	318	6	market	market	NOUN
economy-573	318	7	liquidity	liquidity	NOUN
economy-573	318	8	.	.	PUNCT
economy-573	319	1	journal	journal	NOUN
economy-573	319	2	of	of	ADP
economy-573	319	3	financial	financial	ADJ
economy-573	319	4	economics	economic	NOUN
economy-573	319	5	,	,	PUNCT
economy-573	319	6	34(1	34(1	NUM
economy-573	319	7	):	):	PUNCT
economy-573	319	8	31	31	NUM
economy-573	319	9	-	-	SYM
economy-573	319	10	51	51	NUM
economy-573	319	11	.	.	PUNCT
economy-573	319	12	de	de	X
economy-573	319	13	la	la	X
economy-573	319	14	torre	torre	PROPN
economy-573	319	15	,	,	PUNCT
economy-573	319	16	a.	a.	PROPN
economy-573	319	17	and	and	CCONJ
economy-573	319	18	s.	s.	PROPN
economy-573	319	19	schmukler	schmukler	PROPN
economy-573	319	20	,	,	PUNCT
economy-573	319	21	2007	2007	NUM
economy-573	319	22	.	.	PUNCT
economy-573	320	1	emerging	emerge	VERB
economy-573	320	2	capital	capital	NOUN
economy-573	320	3	market	market	NOUN
economy-573	320	4	and	and	CCONJ
economy-573	320	5	globalisation	globalisation	NOUN
economy-573	320	6	,	,	PUNCT
economy-573	320	7	the	the	DET
economy-573	320	8	latin	latin	PROPN
economy-573	320	9	america	america	PROPN
economy-573	320	10	experience	experience	PROPN
economy-573	320	11	.	.	PUNCT
economy-573	321	1	washington	washington	PROPN
economy-573	321	2	:	:	PUNCT
economy-573	321	3	stanford	stanford	PROPN
economy-573	321	4	university	university	PROPN
economy-573	321	5	press	press	NOUN
economy-573	321	6	.	.	PUNCT
economy-573	322	1	demirgue	demirgue	ADJ
economy-573	322	2	-	-	PUNCT
economy-573	322	3	kunt	kunt	PROPN
economy-573	322	4	,	,	PUNCT
economy-573	322	5	a.	a.	PROPN
economy-573	322	6	and	and	CCONJ
economy-573	322	7	r.	r.	PROPN
economy-573	322	8	levine	levine	PROPN
economy-573	322	9	,	,	PUNCT
economy-573	322	10	1996	1996	NUM
economy-573	322	11	.	.	PUNCT
economy-573	323	1	stock	stock	NOUN
economy-573	323	2	market	market	NOUN
economy-573	323	3	,	,	PUNCT
economy-573	323	4	corporate	corporate	ADJ
economy-573	323	5	finance	finance	NOUN
economy-573	323	6	and	and	CCONJ
economy-573	323	7	economic	economic	ADJ
economy-573	323	8	growth	growth	NOUN
economy-573	323	9	:	:	PUNCT
economy-573	323	10	an	an	DET
economy-573	323	11	overview	overview	NOUN
economy-573	323	12	.	.	PUNCT
economy-573	324	1	world	world	PROPN
economy-573	324	2	bank	bank	PROPN
economy-573	324	3	review	review	PROPN
economy-573	324	4	,	,	PUNCT
economy-573	324	5	10(2	10(2	NUM
economy-573	324	6	):	):	PUNCT
economy-573	324	7	223	223	NUM
economy-573	324	8	-	-	SYM
economy-573	324	9	239	239	NUM
economy-573	324	10	.	.	PUNCT
economy-573	325	1	devereaux	devereaux	PROPN
economy-573	325	2	,	,	PUNCT
economy-573	325	3	m.	m.	NOUN
economy-573	325	4	and	and	CCONJ
economy-573	325	5	g.	g.	PROPN
economy-573	325	6	smith	smith	PROPN
economy-573	325	7	,	,	PUNCT
economy-573	325	8	1994	1994	NUM
economy-573	325	9	.	.	PUNCT
economy-573	326	1	international	international	ADJ
economy-573	326	2	risk	risk	NOUN
economy-573	326	3	sharing	sharing	NOUN
economy-573	326	4	and	and	CCONJ
economy-573	326	5	economic	economic	ADJ
economy-573	326	6	growth	growth	NOUN
economy-573	326	7	.	.	PUNCT
economy-573	327	1	international	international	ADJ
economy-573	327	2	economic	economic	ADJ
economy-573	327	3	review	review	NOUN
economy-573	327	4	,	,	PUNCT
economy-573	327	5	35(4	35(4	NUM
economy-573	327	6	):	):	PUNCT
economy-573	327	7	275	275	NUM
economy-573	327	8	-	-	SYM
economy-573	327	9	287	287	NUM
economy-573	327	10	.	.	PUNCT
economy-573	328	1	ekuakun	ekuakun	PROPN
economy-573	328	2	,	,	PUNCT
economy-573	328	3	c.	c.	NOUN
economy-573	328	4	,	,	PUNCT
economy-573	328	5	2005	2005	NUM
economy-573	328	6	.	.	PUNCT
economy-573	329	1	the	the	DET
economy-573	329	2	nigerian	nigerian	ADJ
economy-573	329	3	capital	capital	NOUN
economy-573	329	4	market	market	NOUN
economy-573	329	5	impact	impact	NOUN
economy-573	329	6	on	on	ADP
economy-573	329	7	economic	economic	ADJ
economy-573	329	8	growth	growth	NOUN
economy-573	329	9	.	.	PUNCT
economy-573	330	1	an	an	DET
economy-573	330	2	unpublished	unpublished	ADJ
economy-573	330	3	msc	msc	PROPN
economy-573	330	4	economics	economics	PROPN
economy-573	330	5	dissertation	dissertation	NOUN
economy-573	330	6	,	,	PUNCT
economy-573	330	7	university	university	NOUN
economy-573	330	8	of	of	ADP
economy-573	330	9	benin	benin	PROPN
economy-573	330	10	,	,	PUNCT
economy-573	330	11	benin	benin	PROPN
economy-573	330	12	city	city	PROPN
economy-573	330	13	.	.	PUNCT
economy-573	331	1	ekundayo	ekundayo	PROPN
economy-573	331	2	,	,	PUNCT
economy-573	331	3	i.	i.	NOUN
economy-573	331	4	,	,	PUNCT
economy-573	331	5	2006	2006	NUM
economy-573	331	6	.	.	PUNCT
economy-573	332	1	creating	create	VERB
economy-573	332	2	a	a	DET
economy-573	332	3	conducive	conducive	ADJ
economy-573	332	4	environment	environment	NOUN
economy-573	332	5	for	for	ADP
economy-573	332	6	investment	investment	NOUN
economy-573	332	7	in	in	ADP
economy-573	332	8	the	the	DET
economy-573	332	9	nigerian	nigerian	ADJ
economy-573	332	10	capital	capital	NOUN
economy-573	332	11	market	market	NOUN
economy-573	332	12	.	.	PUNCT
economy-573	333	1	paper	paper	NOUN
economy-573	333	2	presented	present	VERB
economy-573	333	3	at	at	ADP
economy-573	333	4	public	public	ADJ
economy-573	333	5	enlightenment	enlightenment	NOUN
economy-573	333	6	on	on	ADP
economy-573	333	7	opportunities	opportunity	NOUN
economy-573	333	8	in	in	ADP
economy-573	333	9	the	the	DET
economy-573	333	10	capital	capital	NOUN
economy-573	333	11	market	market	NOUN
economy-573	333	12	for	for	ADP
economy-573	333	13	industrial	industrial	ADJ
economy-573	333	14	development	development	NOUN
economy-573	333	15	of	of	ADP
economy-573	333	16	kogi	kogi	PROPN
economy-573	333	17	state	state	PROPN
economy-573	333	18	,	,	PUNCT
economy-573	333	19	lokoja	lokoja	PROPN
economy-573	333	20	.	.	PUNCT
economy-573	334	1	ewah	ewah	PROPN
economy-573	334	2	,	,	PUNCT
economy-573	334	3	s.o.e	s.o.e	NOUN
economy-573	334	4	.	.	PUNCT
economy-573	334	5	,	,	PUNCT
economy-573	334	6	a.e	a.e	PROPN
economy-573	334	7	.	.	PROPN
economy-573	334	8	essang	essang	PROPN
economy-573	334	9	and	and	CCONJ
economy-573	334	10	j.u	j.u	PROPN
economy-573	334	11	.	.	PROPN
economy-573	334	12	bassey	bassey	PROPN
economy-573	334	13	,	,	PUNCT
economy-573	334	14	2009	2009	NUM
economy-573	334	15	.	.	PUNCT
economy-573	335	1	appraisal	appraisal	NOUN
economy-573	335	2	of	of	ADP
economy-573	335	3	capital	capital	NOUN
economy-573	335	4	market	market	NOUN
economy-573	335	5	efficiency	efficiency	NOUN
economy-573	335	6	on	on	ADP
economy-573	335	7	economic	economic	ADJ
economy-573	335	8	growth	growth	NOUN
economy-573	335	9	in	in	ADP
economy-573	335	10	nigeria	nigeria	PROPN
economy-573	335	11	.	.	PUNCT
economy-573	336	1	international	international	ADJ
economy-573	336	2	journal	journal	PROPN
economy-573	336	3	of	of	ADP
economy-573	336	4	business	business	NOUN
economy-573	336	5	and	and	CCONJ
economy-573	336	6	management	management	NOUN
economy-573	336	7	,	,	PUNCT
economy-573	336	8	4(12	4(12	NUM
economy-573	336	9	):	):	PUNCT
economy-573	336	10	219	219	NUM
economy-573	336	11	-	-	SYM
economy-573	336	12	225	225	NUM
economy-573	336	13	.	.	PUNCT
economy-573	337	1	ezeoha	ezeoha	PROPN
economy-573	337	2	,	,	PUNCT
economy-573	337	3	a.	a.	NOUN
economy-573	337	4	,	,	PUNCT
economy-573	337	5	o.	o.	PROPN
economy-573	337	6	ebele	ebele	PROPN
economy-573	337	7	and	and	CCONJ
economy-573	337	8	o.o	o.o	PROPN
economy-573	337	9	.	.	PROPN
economy-573	337	10	ndidi	ndidi	PROPN
economy-573	337	11	,	,	PUNCT
economy-573	337	12	2009	2009	NUM
economy-573	337	13	.	.	PUNCT
economy-573	338	1	stock	stock	NOUN
economy-573	338	2	market	market	NOUN
economy-573	338	3	and	and	CCONJ
economy-573	338	4	private	private	ADJ
economy-573	338	5	investment	investment	NOUN
economy-573	338	6	growth	growth	NOUN
economy-573	338	7	in	in	ADP
economy-573	338	8	nigeria	nigeria	PROPN
economy-573	338	9	.	.	PUNCT
economy-573	339	1	journal	journal	PROPN
economy-573	339	2	of	of	ADP
economy-573	339	3	sustainable	sustainable	ADJ
economy-573	339	4	development	development	NOUN
economy-573	339	5	in	in	ADP
economy-573	339	6	africa	africa	PROPN
economy-573	339	7	,	,	PUNCT
economy-573	339	8	11(2	11(2	NUM
economy-573	339	9	):	):	PUNCT
economy-573	339	10	20	20	NUM
economy-573	339	11	-	-	SYM
economy-573	339	12	35	35	NUM
economy-573	339	13	.	.	PUNCT
economy-573	340	1	gujarati	gujarati	PROPN
economy-573	340	2	,	,	PUNCT
economy-573	340	3	n.	n.	NOUN
economy-573	340	4	,	,	PUNCT
economy-573	340	5	2005	2005	NUM
economy-573	340	6	.	.	PUNCT
economy-573	341	1	basic	basic	ADJ
economy-573	341	2	econometrics	econometric	NOUN
economy-573	341	3	.	.	PUNCT
economy-573	342	1	6th	6th	ADJ
economy-573	342	2	edn	edn	PROPN
economy-573	342	3	.	.	PUNCT
economy-573	343	1	,	,	PUNCT
economy-573	343	2	new	new	ADJ
economy-573	343	3	delhi	delhi	PROPN
economy-573	343	4	:	:	PUNCT
economy-573	343	5	tata	tata	PROPN
economy-573	343	6	mcgrow	mcgrow	PROPN
economy-573	343	7	-	-	PUNCT
economy-573	343	8	hill	hill	NOUN
economy-573	343	9	.	.	PUNCT
economy-573	344	1	harris	harris	PROPN
economy-573	344	2	,	,	PUNCT
economy-573	344	3	r.	r.	PROPN
economy-573	344	4	,	,	PUNCT
economy-573	344	5	1997	1997	NUM
economy-573	344	6	.	.	PUNCT
economy-573	345	1	stock	stock	NOUN
economy-573	345	2	markets	market	NOUN
economy-573	345	3	and	and	CCONJ
economy-573	345	4	development	development	NOUN
economy-573	345	5	:	:	PUNCT
economy-573	345	6	a	a	DET
economy-573	345	7	re	re	NOUN
economy-573	345	8	-	-	NOUN
economy-573	345	9	assessment	assessment	NOUN
economy-573	345	10	.	.	PUNCT
economy-573	346	1	european	european	ADJ
economy-573	346	2	economic	economic	PROPN
economy-573	346	3	review	review	PROPN
economy-573	346	4	,	,	PUNCT
economy-573	346	5	41(1	41(1	NUM
economy-573	346	6	):	):	PUNCT
economy-573	346	7	139	139	NUM
economy-573	346	8	-	-	SYM
economy-573	346	9	146	146	NUM
economy-573	346	10	.	.	PUNCT
economy-573	347	1	holmstrom	holmstrom	PROPN
economy-573	347	2	,	,	PUNCT
economy-573	347	3	b.	b.	PROPN
economy-573	347	4	and	and	CCONJ
economy-573	347	5	j.	j.	PROPN
economy-573	347	6	tirole	tirole	PROPN
economy-573	347	7	,	,	PUNCT
economy-573	347	8	1993	1993	NUM
economy-573	347	9	.	.	PUNCT
economy-573	348	1	market	market	NOUN
economy-573	348	2	liquidity	liquidity	NOUN
economy-573	348	3	and	and	CCONJ
economy-573	348	4	performance	performance	NOUN
economy-573	348	5	monitoring	monitoring	NOUN
economy-573	348	6	.	.	PUNCT
economy-573	349	1	journal	journal	NOUN
economy-573	349	2	of	of	ADP
economy-573	349	3	political	political	ADJ
economy-573	349	4	economy	economy	NOUN
economy-573	349	5	,	,	PUNCT
economy-573	349	6	101(4	101(4	NUM
economy-573	349	7	):	):	PUNCT
economy-573	349	8	678	678	NUM
economy-573	349	9	-	-	SYM
economy-573	349	10	709	709	NUM
economy-573	349	11	.	.	PUNCT
economy-573	350	1	idowu	idowu	PROPN
economy-573	350	2	,	,	PUNCT
economy-573	350	3	a.	a.	NOUN
economy-573	350	4	and	and	CCONJ
economy-573	350	5	m.	m.	PROPN
economy-573	350	6	babatunde	babatunde	PROPN
economy-573	350	7	,	,	PUNCT
economy-573	350	8	2012	2012	NUM
economy-573	350	9	.	.	PUNCT
economy-573	351	1	effects	effect	NOUN
economy-573	351	2	of	of	ADP
economy-573	351	3	financial	financial	ADJ
economy-573	351	4	reforms	reform	NOUN
economy-573	351	5	on	on	ADP
economy-573	351	6	capital	capital	NOUN
economy-573	351	7	market	market	NOUN
economy-573	351	8	development	development	NOUN
economy-573	351	9	in	in	ADP
economy-573	351	10	nigeria	nigeria	PROPN
economy-573	351	11	.	.	PUNCT
economy-573	352	1	asian	asian	ADJ
economy-573	352	2	journal	journal	PROPN
economy-573	352	3	of	of	ADP
economy-573	352	4	business	business	NOUN
economy-573	352	5	and	and	CCONJ
economy-573	352	6	management	management	NOUN
economy-573	352	7	sciences	science	NOUN
economy-573	352	8	,	,	PUNCT
economy-573	352	9	1(8	1(8	NUM
economy-573	352	10	):	):	PUNCT
economy-573	352	11	44	44	NUM
economy-573	352	12	-	-	SYM
economy-573	352	13	52	52	NUM
economy-573	352	14	jensen	jensen	PROPN
economy-573	352	15	,	,	PUNCT
economy-573	352	16	m.	m.	NOUN
economy-573	352	17	and	and	CCONJ
economy-573	352	18	j.	j.	PROPN
economy-573	352	19	stiglitz	stiglitz	PROPN
economy-573	352	20	,	,	PUNCT
economy-573	352	21	1990	1990	NUM
economy-573	352	22	.	.	PUNCT
economy-573	353	1	performance	performance	NOUN
economy-573	353	2	,	,	PUNCT
economy-573	353	3	pay	pay	NOUN
economy-573	353	4	and	and	CCONJ
economy-573	353	5	top	top	ADJ
economy-573	353	6	management	management	NOUN
economy-573	353	7	incentives	incentive	NOUN
economy-573	353	8	.	.	PUNCT
economy-573	354	1	journal	journal	NOUN
economy-573	354	2	of	of	ADP
economy-573	354	3	political	political	ADJ
economy-573	354	4	economy	economy	NOUN
economy-573	354	5	,	,	PUNCT
economy-573	354	6	98(2	98(2	NUM
economy-573	354	7	):	):	PUNCT
economy-573	354	8	225	225	NUM
economy-573	354	9	-	-	SYM
economy-573	354	10	264	264	NUM
economy-573	354	11	.	.	PUNCT
economy-573	355	1	kolapo	kolapo	PROPN
economy-573	355	2	,	,	PUNCT
economy-573	355	3	f.	f.	PROPN
economy-573	355	4	and	and	CCONJ
economy-573	355	5	a.	a.	PROPN
economy-573	355	6	daramola	daramola	PROPN
economy-573	355	7	,	,	PUNCT
economy-573	355	8	2012	2012	NUM
economy-573	355	9	.	.	PUNCT
economy-573	356	1	the	the	DET
economy-573	356	2	impact	impact	NOUN
economy-573	356	3	of	of	ADP
economy-573	356	4	the	the	DET
economy-573	356	5	nigerian	nigerian	ADJ
economy-573	356	6	capital	capital	NOUN
economy-573	356	7	market	market	NOUN
economy-573	356	8	on	on	ADP
economy-573	356	9	economic	economic	ADJ
economy-573	356	10	growth	growth	NOUN
economy-573	356	11	.	.	PUNCT
economy-573	357	1	international	international	ADJ
economy-573	357	2	journal	journal	NOUN
economy-573	357	3	of	of	ADP
economy-573	357	4	developing	develop	VERB
economy-573	357	5	societies	society	NOUN
economy-573	357	6	,	,	PUNCT
economy-573	357	7	1(1	1(1	NUM
economy-573	357	8	):	):	PUNCT
economy-573	357	9	11	11	NUM
economy-573	357	10	-	-	SYM
economy-573	357	11	19	19	NUM
economy-573	357	12	.	.	PUNCT
economy-573	357	13	levine	levine	PROPN
economy-573	357	14	,	,	PUNCT
economy-573	357	15	r.	r.	PROPN
economy-573	357	16	and	and	CCONJ
economy-573	357	17	s.	s.	PROPN
economy-573	357	18	zervos	zervos	PROPN
economy-573	357	19	,	,	PUNCT
economy-573	357	20	1996	1996	NUM
economy-573	357	21	.	.	PUNCT
economy-573	358	1	stock	stock	NOUN
economy-573	358	2	market	market	NOUN
economy-573	358	3	development	development	NOUN
economy-573	358	4	and	and	CCONJ
economy-573	358	5	long	long	ADJ
economy-573	358	6	run	run	NOUN
economy-573	358	7	growth	growth	NOUN
economy-573	358	8	.	.	PUNCT
economy-573	359	1	world	world	PROPN
economy-573	359	2	bank	bank	PROPN
economy-573	359	3	economic	economic	PROPN
economy-573	359	4	review	review	PROPN
economy-573	359	5	,	,	PUNCT
economy-573	359	6	10(3	10(3	NUM
economy-573	359	7	):	):	PUNCT
economy-573	359	8	323	323	NUM
economy-573	359	9	-	-	SYM
economy-573	359	10	339	339	NUM
economy-573	359	11	.	.	PUNCT
economy-573	359	12	levine	levine	PROPN
economy-573	359	13	,	,	PUNCT
economy-573	359	14	r.	r.	PROPN
economy-573	359	15	and	and	CCONJ
economy-573	359	16	s.	s.	PROPN
economy-573	359	17	zervos	zervos	PROPN
economy-573	359	18	,	,	PUNCT
economy-573	359	19	1998	1998	NUM
economy-573	359	20	.	.	PUNCT
economy-573	360	1	sock	sock	NOUN
economy-573	360	2	market	market	NOUN
economy-573	360	3	,	,	PUNCT
economy-573	360	4	banks	bank	NOUN
economy-573	360	5	and	and	CCONJ
economy-573	360	6	economic	economic	ADJ
economy-573	360	7	growth	growth	NOUN
economy-573	360	8	.	.	PUNCT
economy-573	361	1	american	american	PROPN
economy-573	361	2	economic	economic	PROPN
economy-573	361	3	review	review	PROPN
economy-573	361	4	,	,	PUNCT
economy-573	361	5	88(3	88(3	NUM
economy-573	361	6	):	):	PUNCT
economy-573	361	7	537	537	NUM
economy-573	361	8	-	-	SYM
economy-573	361	9	558	558	NUM
economy-573	361	10	.	.	PUNCT
economy-573	362	1	liu	liu	PROPN
economy-573	362	2	,	,	PUNCT
economy-573	362	3	w.	w.	PROPN
economy-573	362	4	and	and	CCONJ
economy-573	362	5	c.	c.	PROPN
economy-573	362	6	hsu	hsu	PROPN
economy-573	362	7	,	,	PUNCT
economy-573	362	8	2006	2006	NUM
economy-573	362	9	.	.	PUNCT
economy-573	363	1	the	the	DET
economy-573	363	2	role	role	NOUN
economy-573	363	3	of	of	ADP
economy-573	363	4	financial	financial	ADJ
economy-573	363	5	development	development	NOUN
economy-573	363	6	in	in	ADP
economy-573	363	7	economic	economic	ADJ
economy-573	363	8	growth	growth	NOUN
economy-573	363	9	:	:	PUNCT
economy-573	363	10	the	the	DET
economy-573	363	11	experience	experience	NOUN
economy-573	363	12	of	of	ADP
economy-573	363	13	taiwan	taiwan	PROPN
economy-573	363	14	,	,	PUNCT
economy-573	363	15	korea	korea	PROPN
economy-573	363	16	and	and	CCONJ
economy-573	363	17	japan	japan	PROPN
economy-573	363	18	.	.	PUNCT
economy-573	364	1	journal	journal	PROPN
economy-573	364	2	of	of	ADP
economy-573	364	3	asian	asian	ADJ
economy-573	364	4	economics	economic	NOUN
economy-573	364	5	,	,	PUNCT
economy-573	364	6	17	17	NUM
economy-573	364	7	:	:	PUNCT
economy-573	364	8	666	666	NUM
economy-573	364	9	-	-	PUNCT
economy-573	364	10	680	680	NUM
economy-573	364	11	.	.	PUNCT
economy-573	365	1	lucas	lucas	PROPN
economy-573	365	2	,	,	PUNCT
economy-573	365	3	r.	r.	PROPN
economy-573	365	4	,	,	PUNCT
economy-573	365	5	1988	1988	NUM
economy-573	365	6	.	.	PUNCT
economy-573	366	1	on	on	ADP
economy-573	366	2	the	the	DET
economy-573	366	3	mechanics	mechanic	NOUN
economy-573	366	4	of	of	ADP
economy-573	366	5	economic	economic	ADJ
economy-573	366	6	development	development	NOUN
economy-573	366	7	.	.	PUNCT
economy-573	367	1	journal	journal	PROPN
economy-573	367	2	of	of	ADP
economy-573	367	3	monetary	monetary	ADJ
economy-573	367	4	economics	economic	NOUN
economy-573	367	5	,	,	PUNCT
economy-573	367	6	22(1	22(1	NUM
economy-573	367	7	):	):	PUNCT
economy-573	367	8	3	3	NUM
economy-573	367	9	-	-	SYM
economy-573	367	10	42	42	NUM
economy-573	367	11	.	.	PUNCT
economy-573	368	1	mohtadi	mohtadi	NOUN
economy-573	368	2	,	,	PUNCT
economy-573	368	3	h.	h.	PROPN
economy-573	368	4	and	and	CCONJ
economy-573	368	5	s.	s.	PROPN
economy-573	368	6	agarwal	agarwal	PROPN
economy-573	368	7	,	,	PUNCT
economy-573	368	8	2001	2001	NUM
economy-573	368	9	.	.	PUNCT
economy-573	369	1	stock	stock	NOUN
economy-573	369	2	market	market	NOUN
economy-573	369	3	development	development	NOUN
economy-573	369	4	and	and	CCONJ
economy-573	369	5	economic	economic	ADJ
economy-573	369	6	growth	growth	NOUN
economy-573	369	7	:	:	PUNCT
economy-573	369	8	evidence	evidence	NOUN
economy-573	369	9	from	from	ADP
economy-573	369	10	developing	develop	VERB
economy-573	369	11	countries	country	NOUN
economy-573	369	12	.	.	PUNCT
economy-573	370	1	available	available	ADJ
economy-573	370	2	from	from	ADP
economy-573	370	3	http//www.uwm.edu	http//www.uwm.edu	NOUN
economy-573	370	4	/	/	SYM
economy-573	370	5	mohadi	mohadi	NOUN
economy-573	370	6	/	/	SYM
economy-573	370	7	pa-4	pa-4	NOUN
economy-573	370	8	-	-	PUNCT
economy-573	370	9	01.pdf	01.pdf	PROPN
economy-573	370	10	.	.	PUNCT
economy-573	371	1	nieuwerbugh	nieuwerbugh	PROPN
economy-573	371	2	,	,	PUNCT
economy-573	371	3	s.	s.	PROPN
economy-573	371	4	,	,	PUNCT
economy-573	371	5	f.	f.	PROPN
economy-573	371	6	buelens	buelens	PROPN
economy-573	371	7	and	and	CCONJ
economy-573	371	8	l.	l.	PROPN
economy-573	371	9	cuyvers	cuyver	NOUN
economy-573	371	10	,	,	PUNCT
economy-573	371	11	2005	2005	NUM
economy-573	371	12	.	.	PUNCT
economy-573	372	1	stock	stock	NOUN
economy-573	372	2	market	market	NOUN
economy-573	372	3	development	development	NOUN
economy-573	372	4	and	and	CCONJ
economy-573	372	5	economic	economic	ADJ
economy-573	372	6	growth	growth	NOUN
economy-573	372	7	in	in	ADP
economy-573	372	8	belgium	belgium	PROPN
economy-573	372	9	.	.	PUNCT
economy-573	373	1	nyu	nyu	PROPN
economy-573	373	2	working	working	PROPN
economy-573	373	3	paper	paper	PROPN
economy-573	373	4	no	no	INTJ
economy-573	373	5	.	.	PROPN
economy-573	373	6	05	05	NUM
economy-573	373	7	-	-	PUNCT
economy-573	373	8	024	024	NUM
economy-573	373	9	.	.	PUNCT
economy-573	374	1	nwankwo	nwankwo	PROPN
economy-573	374	2	,	,	PUNCT
economy-573	374	3	g.	g.	PROPN
economy-573	374	4	,	,	PUNCT
economy-573	374	5	1999	1999	NUM
economy-573	374	6	.	.	PUNCT
economy-573	375	1	money	money	NOUN
economy-573	375	2	and	and	CCONJ
economy-573	375	3	capital	capital	NOUN
economy-573	375	4	market	market	NOUN
economy-573	375	5	in	in	ADP
economy-573	375	6	nigeria	nigeria	PROPN
economy-573	375	7	today	today	NOUN
economy-573	375	8	.	.	PUNCT
economy-573	376	1	lagos	lago	NOUN
economy-573	376	2	:	:	PUNCT
economy-573	376	3	university	university	NOUN
economy-573	376	4	of	of	ADP
economy-573	376	5	lagos	lagos	PROPN
economy-573	376	6	press	press	NOUN
economy-573	376	7	.	.	PUNCT
economy-573	377	1	nyong	nyong	PROPN
economy-573	377	2	,	,	PUNCT
economy-573	377	3	m.o	m.o	PROPN
economy-573	377	4	.	.	PROPN
economy-573	377	5	,	,	PUNCT
economy-573	377	6	1996	1996	NUM
economy-573	377	7	.	.	PUNCT
economy-573	378	1	capital	capital	NOUN
economy-573	378	2	market	market	NOUN
economy-573	378	3	development	development	NOUN
economy-573	378	4	and	and	CCONJ
economy-573	378	5	long	long	ADJ
economy-573	378	6	run	run	VERB
economy-573	378	7	econopmic	econopmic	ADJ
economy-573	378	8	growth	growth	NOUN
economy-573	378	9	:	:	PUNCT
economy-573	379	1	theory	theory	NOUN
economy-573	379	2	,	,	PUNCT
economy-573	379	3	evidence	evidence	NOUN
economy-573	379	4	and	and	CCONJ
economy-573	379	5	policy	policy	NOUN
economy-573	379	6	proposal	proposal	NOUN
economy-573	379	7	for	for	ADP
economy-573	379	8	another	another	DET
economy-573	379	9	development	development	NOUN
economy-573	379	10	strategy	strategy	NOUN
economy-573	379	11	.	.	PUNCT
economy-573	380	1	in	in	ADP
economy-573	380	2	j.e.u	j.e.u	PROPN
economy-573	380	3	.	.	PUNCT
economy-573	381	1	ndebbio	ndebbio	PROPN
economy-573	381	2	and	and	CCONJ
economy-573	381	3	u.	u.	PROPN
economy-573	381	4	essia	essia	PROPN
economy-573	381	5	(	(	PUNCT
economy-573	381	6	eds	eds	PROPN
economy-573	381	7	)	)	PUNCT
economy-573	381	8	,	,	PUNCT
economy-573	381	9	nigeria	nigeria	PROPN
economy-573	381	10	,	,	PUNCT
economy-573	381	11	another	another	DET
economy-573	381	12	development	development	NOUN
economy-573	381	13	strategy	strategy	NOUN
economy-573	381	14	.	.	PUNCT
economy-573	382	1	calabar	calabar	PROPN
economy-573	382	2	:	:	PUNCT
economy-573	382	3	but	but	CCONJ
economy-573	382	4	-	-	PUNCT
economy-573	382	5	bass	bass	NOUN
economy-573	382	6	educational	educational	ADJ
economy-573	382	7	book	book	NOUN
economy-573	382	8	.	.	PUNCT
economy-573	383	1	pp	pp	ADP
economy-573	383	2	:	:	PUNCT
economy-573	383	3	129	129	NUM
economy-573	383	4	-	-	SYM
economy-573	383	5	155	155	NUM
economy-573	383	6	.	.	PUNCT
economy-573	384	1	obamiro	obamiro	PROPN
economy-573	384	2	,	,	PUNCT
economy-573	384	3	j.k	j.k	PROPN
economy-573	384	4	.	.	PROPN
economy-573	384	5	,	,	PUNCT
economy-573	384	6	2005	2005	NUM
economy-573	384	7	.	.	PUNCT
economy-573	385	1	nigerian	nigerian	ADJ
economy-573	385	2	economy	economy	NOUN
economy-573	385	3	:	:	PUNCT
economy-573	385	4	growth	growth	NOUN
economy-573	385	5	and	and	CCONJ
economy-573	385	6	the	the	DET
economy-573	385	7	role	role	NOUN
economy-573	385	8	of	of	ADP
economy-573	385	9	stock	stock	NOUN
economy-573	385	10	market	market	NOUN
economy-573	385	11	.	.	PUNCT
economy-573	386	1	journal	journal	NOUN
economy-573	386	2	of	of	ADP
economy-573	386	3	economic	economic	ADJ
economy-573	386	4	and	and	CCONJ
economy-573	386	5	financial	financial	ADJ
economy-573	386	6	studies	study	NOUN
economy-573	386	7	,	,	PUNCT
economy-573	386	8	2(2	2(2	NUM
economy-573	386	9	):	):	PUNCT
economy-573	386	10	147	147	NUM
economy-573	386	11	-	-	SYM
economy-573	386	12	152	152	NUM
economy-573	386	13	.	.	PUNCT
economy-573	387	1	ohiomu	ohiomu	PROPN
economy-573	387	2	,	,	PUNCT
economy-573	387	3	s.	s.	PROPN
economy-573	387	4	and	and	CCONJ
economy-573	387	5	o.e	o.e	PROPN
economy-573	387	6	.	.	PROPN
economy-573	387	7	godfrey	godfrey	PROPN
economy-573	387	8	,	,	PUNCT
economy-573	387	9	2011	2011	NUM
economy-573	387	10	.	.	PUNCT
economy-573	388	1	the	the	DET
economy-573	388	2	effect	effect	NOUN
economy-573	388	3	of	of	ADP
economy-573	388	4	stock	stock	NOUN
economy-573	388	5	market	market	NOUN
economy-573	388	6	on	on	ADP
economy-573	388	7	economic	economic	ADJ
economy-573	388	8	growth	growth	NOUN
economy-573	388	9	in	in	ADP
economy-573	388	10	nigeria	nigeria	PROPN
economy-573	388	11	.	.	PUNCT
economy-573	389	1	jorind	jorind	ADJ
economy-573	389	2	journal	journal	PROPN
economy-573	389	3	,	,	PUNCT
economy-573	389	4	9(1	9(1	NUM
economy-573	389	5	):	):	PUNCT
economy-573	389	6	287	287	NUM
economy-573	389	7	-	-	SYM
economy-573	389	8	295	295	NUM
economy-573	389	9	.	.	PUNCT
economy-573	390	1	ojo	ojo	NOUN
economy-573	390	2	,	,	PUNCT
economy-573	390	3	o.	o.	NOUN
economy-573	390	4	,	,	PUNCT
economy-573	390	5	1984	1984	NUM
economy-573	390	6	.	.	PUNCT
economy-573	391	1	financial	financial	ADJ
economy-573	391	2	intermediation	intermediation	NOUN
economy-573	391	3	and	and	CCONJ
economy-573	391	4	growth	growth	NOUN
economy-573	391	5	,	,	PUNCT
economy-573	391	6	inaugural	inaugural	ADJ
economy-573	391	7	lecture	lecture	NOUN
economy-573	391	8	series	series	NOUN
economy-573	391	9	,	,	PUNCT
economy-573	391	10	68	68	NUM
economy-573	391	11	.	.	PUNCT
economy-573	392	1	osun	osun	PROPN
economy-573	392	2	state	state	PROPN
economy-573	392	3	,	,	PUNCT
economy-573	392	4	nigeria	nigeria	PROPN
economy-573	392	5	:	:	PUNCT
economy-573	392	6	university	university	NOUN
economy-573	392	7	of	of	ADP
economy-573	392	8	ife	ife	PROPN
economy-573	392	9	press	press	PROPN
economy-573	392	10	.	.	PUNCT
economy-573	393	1	ile	ile	PROPN
economy-573	393	2	-	-	PUNCT
economy-573	393	3	ife	ife	PROPN
economy-573	393	4	(	(	PUNCT
economy-573	393	5	68	68	NUM
economy-573	393	6	)	)	PUNCT
economy-573	393	7	.	.	PUNCT
economy-573	394	1	pp	pp	ADV
economy-573	394	2	:	:	PUNCT
economy-573	394	3	2	2	NUM
economy-573	394	4	-	-	SYM
economy-573	394	5	16	16	NUM
economy-573	394	6	.	.	PUNCT
economy-573	395	1	http://www.uwm.edu/mohadi/pa-4-01.pdf	http://www.uwm.edu/mohadi/pa-4-01.pdf	ADJ
economy-573	395	2	economy	economy	NOUN
economy-573	395	3	,	,	PUNCT
economy-573	395	4	2016	2016	NUM
economy-573	395	5	,	,	PUNCT
economy-573	395	6	3(1	3(1	NUM
economy-573	395	7	):	):	PUNCT
economy-573	395	8	31	31	NUM
economy-573	395	9	-	-	SYM
economy-573	395	10	39	39	NUM
economy-573	395	11	39	39	NUM
economy-573	395	12	okereke	okereke	ADJ
economy-573	395	13	-	-	PUNCT
economy-573	395	14	onyiuke	onyiuke	NOUN
economy-573	395	15	,	,	PUNCT
economy-573	395	16	n.	n.	NOUN
economy-573	395	17	,	,	PUNCT
economy-573	395	18	2000	2000	NUM
economy-573	395	19	.	.	PUNCT
economy-573	396	1	stock	stock	NOUN
economy-573	396	2	market	market	NOUN
economy-573	396	3	financing	financing	NOUN
economy-573	396	4	options	option	NOUN
economy-573	396	5	for	for	ADP
economy-573	396	6	public	public	ADJ
economy-573	396	7	projects	project	NOUN
economy-573	396	8	in	in	ADP
economy-573	396	9	nigeria	nigeria	PROPN
economy-573	396	10	.	.	PUNCT
economy-573	397	1	nigerian	nigerian	ADJ
economy-573	397	2	stock	stock	PROPN
economy-573	397	3	exchange	exchange	PROPN
economy-573	397	4	fact	fact	NOUN
economy-573	397	5	book	book	NOUN
economy-573	397	6	,	,	PUNCT
economy-573	397	7	october	october	PROPN
economy-573	397	8	2000	2000	NUM
economy-573	397	9	edition	edition	NOUN
economy-573	397	10	:	:	PUNCT
economy-573	397	11	41	41	NUM
economy-573	397	12	-	-	SYM
economy-573	397	13	49	49	NUM
economy-573	397	14	.	.	PUNCT
economy-573	398	1	okoroafor	okoroafor	PROPN
economy-573	398	2	,	,	PUNCT
economy-573	398	3	o.k.d	o.k.d	PROPN
economy-573	398	4	.	.	PROPN
economy-573	398	5	,	,	PUNCT
economy-573	398	6	2014	2014	NUM
economy-573	398	7	.	.	PUNCT
economy-573	399	1	capital	capital	NOUN
economy-573	399	2	market	market	NOUN
economy-573	399	3	efficiency	efficiency	NOUN
economy-573	399	4	and	and	CCONJ
economy-573	399	5	asset	asset	NOUN
economy-573	399	6	price	price	NOUN
economy-573	399	7	volatility	volatility	NOUN
economy-573	399	8	in	in	ADP
economy-573	399	9	the	the	DET
economy-573	399	10	nigerian	nigerian	ADJ
economy-573	399	11	stock	stock	NOUN
economy-573	399	12	market	market	NOUN
economy-573	399	13	:	:	PUNCT
economy-573	399	14	2004	2004	NUM
economy-573	399	15	-	-	SYM
economy-573	399	16	2010	2010	NUM
economy-573	399	17	.	.	PUNCT
economy-573	400	1	a	a	DET
economy-573	400	2	phd	phd	NOUN
economy-573	400	3	economics	economics	NOUN
economy-573	400	4	thesis	thesis	NOUN
economy-573	400	5	,	,	PUNCT
economy-573	400	6	university	university	NOUN
economy-573	400	7	of	of	ADP
economy-573	400	8	abuja	abuja	PROPN
economy-573	400	9	,	,	PUNCT
economy-573	400	10	abuja	abuja	PROPN
economy-573	400	11	,	,	PUNCT
economy-573	400	12	nigeria	nigeria	PROPN
economy-573	400	13	.	.	PUNCT
economy-573	401	1	osaze	osaze	PROPN
economy-573	401	2	,	,	PUNCT
economy-573	401	3	b.	b.	PROPN
economy-573	401	4	,	,	PUNCT
economy-573	401	5	2000	2000	NUM
economy-573	401	6	.	.	PUNCT
economy-573	402	1	the	the	DET
economy-573	402	2	nigerian	nigerian	ADJ
economy-573	402	3	capital	capital	NOUN
economy-573	402	4	market	market	NOUN
economy-573	402	5	in	in	ADP
economy-573	402	6	the	the	DET
economy-573	402	7	african	african	ADJ
economy-573	402	8	and	and	CCONJ
economy-573	402	9	global	global	ADJ
economy-573	402	10	financial	financial	ADJ
economy-573	402	11	system	system	NOUN
economy-573	402	12	.	.	PUNCT
economy-573	403	1	benin	benin	PROPN
economy-573	403	2	city	city	PROPN
economy-573	403	3	:	:	PUNCT
economy-573	403	4	bofic	bofic	ADJ
economy-573	403	5	consults	consult	NOUN
economy-573	403	6	group	group	NOUN
economy-573	403	7	limited	limit	VERB
economy-573	403	8	.	.	PUNCT
economy-573	404	1	osinubi	osinubi	ADV
economy-573	404	2	,	,	PUNCT
economy-573	404	3	t.	t.	PROPN
economy-573	404	4	and	and	CCONJ
economy-573	404	5	l.	l.	PROPN
economy-573	404	6	amaghionyeodiwe	amaghionyeodiwe	PROPN
economy-573	404	7	,	,	PUNCT
economy-573	404	8	2003	2003	NUM
economy-573	404	9	.	.	PUNCT
economy-573	405	1	stock	stock	NOUN
economy-573	405	2	market	market	NOUN
economy-573	405	3	development	development	NOUN
economy-573	405	4	and	and	CCONJ
economy-573	405	5	long	long	ADV
economy-573	405	6	-	-	PUNCT
economy-573	405	7	run	run	VERB
economy-573	405	8	growth	growth	NOUN
economy-573	405	9	in	in	ADP
economy-573	405	10	nigeria	nigeria	PROPN
economy-573	405	11	.	.	PUNCT
economy-573	406	1	journal	journal	PROPN
economy-573	406	2	of	of	ADP
economy-573	406	3	african	african	ADJ
economy-573	406	4	business	business	NOUN
economy-573	406	5	,	,	PUNCT
economy-573	406	6	4(3	4(3	NUM
economy-573	406	7	):	):	PUNCT
economy-573	406	8	103	103	NUM
economy-573	406	9	-	-	SYM
economy-573	406	10	129	129	NUM
economy-573	406	11	.	.	PUNCT
economy-573	407	1	pat	pat	PROPN
economy-573	407	2	,	,	PUNCT
economy-573	407	3	d.	d.	PROPN
economy-573	407	4	and	and	CCONJ
economy-573	407	5	o.	o.	PROPN
economy-573	407	6	james	james	PROPN
economy-573	407	7	,	,	PUNCT
economy-573	407	8	2010	2010	NUM
economy-573	407	9	.	.	PUNCT
economy-573	408	1	an	an	DET
economy-573	408	2	empirical	empirical	ADJ
economy-573	408	3	analysis	analysis	NOUN
economy-573	408	4	of	of	ADP
economy-573	408	5	the	the	DET
economy-573	408	6	impact	impact	NOUN
economy-573	408	7	of	of	ADP
economy-573	408	8	nigerian	nigerian	ADJ
economy-573	408	9	capital	capital	NOUN
economy-573	408	10	market	market	NOUN
economy-573	408	11	on	on	ADP
economy-573	408	12	her	her	PRON
economy-573	408	13	socio	socio	NOUN
economy-573	408	14	-	-	PUNCT
economy-573	408	15	economic	economic	ADJ
economy-573	408	16	development	development	NOUN
economy-573	408	17	.	.	PUNCT
economy-573	409	1	journal	journal	PROPN
economy-573	409	2	social	social	ADJ
economy-573	409	3	science	science	NOUN
economy-573	409	4	,	,	PUNCT
economy-573	409	5	24(2	24(2	NUM
economy-573	409	6	):	):	PUNCT
economy-573	409	7	135	135	NUM
economy-573	409	8	-	-	SYM
economy-573	409	9	142	142	NUM
economy-573	409	10	.	.	PUNCT
economy-573	410	1	pedro	pedro	PROPN
economy-573	410	2	,	,	PUNCT
economy-573	410	3	s.	s.	PROPN
economy-573	410	4	and	and	CCONJ
economy-573	410	5	q.	q.	PROPN
economy-573	410	6	erwan	erwan	PROPN
economy-573	410	7	,	,	PUNCT
economy-573	410	8	2004	2004	NUM
economy-573	410	9	.	.	PUNCT
economy-573	411	1	the	the	DET
economy-573	411	2	implication	implication	NOUN
economy-573	411	3	of	of	ADP
economy-573	411	4	capital	capital	NOUN
economy-573	411	5	-	-	PUNCT
economy-573	411	6	skill	skill	NOUN
economy-573	411	7	complementarity	complementarity	NOUN
economy-573	411	8	in	in	ADP
economy-573	411	9	economies	economy	NOUN
economy-573	411	10	with	with	ADP
economy-573	411	11	large	large	ADJ
economy-573	411	12	informal	informal	ADJ
economy-573	411	13	sectors	sector	NOUN
economy-573	411	14	.	.	PUNCT
economy-573	412	1	centre	centre	NOUN
economy-573	412	2	for	for	ADP
economy-573	412	3	latin	latin	PROPN
economy-573	412	4	america	america	PROPN
economy-573	412	5	working	working	PROPN
economy-573	412	6	papers	paper	NOUN
economy-573	412	7	,	,	PUNCT
economy-573	412	8	0404	0404	NUM
economy-573	412	9	,	,	PUNCT
economy-573	412	10	federal	federal	PROPN
economy-573	412	11	reserve	reserve	PROPN
economy-573	412	12	bank	bank	PROPN
economy-573	412	13	of	of	ADP
economy-573	412	14	dallas	dallas	PROPN
economy-573	412	15	.	.	PUNCT
economy-573	413	1	rousseau	rousseau	PROPN
economy-573	413	2	,	,	PUNCT
economy-573	413	3	p.l	p.l	PROPN
economy-573	413	4	.	.	PROPN
economy-573	413	5	and	and	CCONJ
economy-573	413	6	paul	paul	PROPN
economy-573	413	7	,	,	PUNCT
economy-573	413	8	1998	1998	NUM
economy-573	413	9	.	.	PUNCT
economy-573	414	1	financial	financial	ADJ
economy-573	414	2	intermediation	intermediation	NOUN
economy-573	414	3	and	and	CCONJ
economy-573	414	4	economic	economic	ADJ
economy-573	414	5	performance	performance	NOUN
economy-573	414	6	:	:	PUNCT
economy-573	414	7	historical	historical	ADJ
economy-573	414	8	evidence	evidence	NOUN
economy-573	414	9	from	from	ADP
economy-573	414	10	five	five	NUM
economy-573	414	11	industrialized	industrialized	ADJ
economy-573	414	12	countries	country	NOUN
economy-573	414	13	.	.	PUNCT
economy-573	415	1	journal	journal	NOUN
economy-573	415	2	of	of	ADP
economy-573	415	3	banking	banking	NOUN
economy-573	415	4	and	and	CCONJ
economy-573	415	5	finance	finance	NOUN
economy-573	415	6	,	,	PUNCT
economy-573	415	7	30	30	NUM
economy-573	415	8	:	:	SYM
economy-573	415	9	1933	1933	NUM
economy-573	415	10	-	-	SYM
economy-573	415	11	1957	1957	NUM
economy-573	415	12	.	.	PUNCT
economy-573	416	1	scharfstein	scharfstein	PROPN
economy-573	416	2	,	,	PUNCT
economy-573	416	3	d.	d.	PROPN
economy-573	416	4	,	,	PUNCT
economy-573	416	5	1988	1988	NUM
economy-573	416	6	.	.	PUNCT
economy-573	417	1	the	the	DET
economy-573	417	2	disciplinary	disciplinary	ADJ
economy-573	417	3	role	role	NOUN
economy-573	417	4	of	of	ADP
economy-573	417	5	takeovers	takeover	NOUN
economy-573	417	6	.	.	PUNCT
economy-573	418	1	review	review	NOUN
economy-573	418	2	of	of	ADP
economy-573	418	3	economic	economic	ADJ
economy-573	418	4	studies	study	NOUN
economy-573	418	5	,	,	PUNCT
economy-573	418	6	55(2	55(2	NUM
economy-573	418	7	):	):	PUNCT
economy-573	418	8	185	185	NUM
economy-573	418	9	-	-	SYM
economy-573	418	10	199	199	NUM
economy-573	418	11	.	.	PUNCT
economy-573	419	1	singh	singh	PROPN
economy-573	419	2	,	,	PUNCT
economy-573	419	3	a.	a.	NOUN
economy-573	419	4	,	,	PUNCT
economy-573	419	5	1997	1997	NUM
economy-573	419	6	.	.	PUNCT
economy-573	420	1	stock	stock	NOUN
economy-573	420	2	markets	market	NOUN
economy-573	420	3	,	,	PUNCT
economy-573	420	4	financial	financial	ADJ
economy-573	420	5	liberalisation	liberalisation	NOUN
economy-573	420	6	and	and	CCONJ
economy-573	420	7	economic	economic	ADJ
economy-573	420	8	development	development	NOUN
economy-573	420	9	.	.	PUNCT
economy-573	421	1	economic	economic	ADJ
economy-573	421	2	journal	journal	NOUN
economy-573	421	3	,	,	PUNCT
economy-573	421	4	107(4	107(4	NUM
economy-573	421	5	):	):	PUNCT
economy-573	421	6	771	771	NUM
economy-573	421	7	-	-	SYM
economy-573	421	8	782	782	NUM
economy-573	421	9	.	.	PUNCT
economy-573	422	1	stern	stern	ADJ
economy-573	422	2	,	,	PUNCT
economy-573	422	3	n.	n.	NOUN
economy-573	422	4	,	,	PUNCT
economy-573	422	5	1989	1989	NUM
economy-573	422	6	.	.	PUNCT
economy-573	423	1	the	the	DET
economy-573	423	2	economics	economic	NOUN
economy-573	423	3	of	of	ADP
economy-573	423	4	development	development	NOUN
economy-573	423	5	,	,	PUNCT
economy-573	423	6	a	a	DET
economy-573	423	7	survey	survey	NOUN
economy-573	423	8	.	.	PUNCT
economy-573	424	1	economics	economic	NOUN
economy-573	424	2	journal	journal	PROPN
economy-573	424	3	,	,	PUNCT
economy-573	424	4	99(397	99(397	NOUN
economy-573	424	5	):	):	PUNCT
economy-573	424	6	597685	597685	NUM
economy-573	424	7	.	.	PUNCT
economy-573	425	1	sule	sule	NOUN
economy-573	425	2	,	,	PUNCT
economy-573	425	3	o.	o.	PROPN
economy-573	425	4	and	and	CCONJ
economy-573	425	5	o.	o.	PROPN
economy-573	425	6	momoh	momoh	ADJ
economy-573	425	7	,	,	PUNCT
economy-573	425	8	2009	2009	NUM
economy-573	425	9	.	.	PUNCT
economy-573	426	1	the	the	DET
economy-573	426	2	impact	impact	NOUN
economy-573	426	3	of	of	ADP
economy-573	426	4	stock	stock	NOUN
economy-573	426	5	market	market	NOUN
economy-573	426	6	earnings	earning	NOUN
economy-573	426	7	on	on	ADP
economy-573	426	8	nigerian	nigerian	PROPN
economy-573	426	9	per	per	ADP
economy-573	426	10	capita	capita	NOUN
economy-573	426	11	income	income	NOUN
economy-573	426	12	.	.	PUNCT
economy-573	427	1	african	african	ADJ
economy-573	427	2	joiurnal	joiurnal	ADJ
economy-573	427	3	of	of	ADP
economy-573	427	4	accounting	accounting	NOUN
economy-573	427	5	,	,	PUNCT
economy-573	427	6	economics	economic	NOUN
economy-573	427	7	,	,	PUNCT
economy-573	427	8	finance	finance	NOUN
economy-573	427	9	and	and	CCONJ
economy-573	427	10	banking	banking	NOUN
economy-573	427	11	research	research	NOUN
economy-573	427	12	,	,	PUNCT
economy-573	427	13	5(5	5(5	NUM
economy-573	427	14	):	):	PUNCT
economy-573	427	15	77	77	NUM
economy-573	427	16	-	-	SYM
economy-573	427	17	89	89	NUM
economy-573	427	18	.	.	PUNCT
economy-573	428	1	yartey	yartey	PROPN
economy-573	428	2	,	,	PUNCT
economy-573	428	3	c.	c.	PROPN
economy-573	428	4	,	,	PUNCT
economy-573	428	5	2008	2008	NUM
economy-573	428	6	.	.	PUNCT
economy-573	429	1	the	the	DET
economy-573	429	2	determinants	determinant	NOUN
economy-573	429	3	of	of	ADP
economy-573	429	4	stock	stock	NOUN
economy-573	429	5	market	market	NOUN
economy-573	429	6	development	development	NOUN
economy-573	429	7	in	in	ADP
economy-573	429	8	emerging	emerge	VERB
economy-573	429	9	economies	economy	NOUN
economy-573	429	10	:	:	PUNCT
economy-573	429	11	is	be	AUX
economy-573	429	12	south	south	PROPN
economy-573	429	13	africa	africa	PROPN
economy-573	429	14	different	different	ADJ
economy-573	429	15	.	.	PUNCT
economy-573	430	1	imf	imf	PROPN
economy-573	430	2	working	working	PROPN
economy-573	430	3	paper	paper	NOUN
economy-573	430	4	,	,	PUNCT
economy-573	430	5	african	african	PROPN
economy-573	430	6	department	department	PROPN
economy-573	430	7	.	.	PUNCT
economy-573	431	1	wp/08/32	wp/08/32	PROPN
economy-573	431	2	.	.	PUNCT
economy-573	432	1	table-4.1	table-4.1	PROPN
economy-573	432	2	.	.	PUNCT
economy-573	433	1	stock	stock	NOUN
economy-573	433	2	market	market	NOUN
economy-573	433	3	and	and	CCONJ
economy-573	433	4	other	other	ADJ
economy-573	433	5	economic	economic	ADJ
economy-573	433	6	development	development	NOUN
economy-573	433	7	indicators	indicator	NOUN
economy-573	433	8	(	(	PUNCT
economy-573	433	9	1984	1984	NUM
economy-573	433	10	–	–	PUNCT
economy-573	433	11	2014	2014	NUM
economy-573	433	12	)	)	PUNCT
economy-573	433	13	year	year	NOUN
economy-573	433	14	mcap	mcap	NOUN
economy-573	433	15	vtr	vtr	PROPN
economy-573	433	16	tvr	tvr	PROPN
economy-573	433	17	fpi	fpi	PROPN
economy-573	433	18	gdp	gdp	PROPN
economy-573	433	19	m2	m2	PROPN
economy-573	433	20	opn	opn	PROPN
economy-573	433	21	indx	indx	PROPN
economy-573	433	22	1984	1984	NUM
economy-573	433	23	3.000000	3.000000	NUM
economy-573	433	24	0.140000	0.140000	NUM
economy-573	433	25	2.140000	2.140000	NUM
economy-573	433	26	0.030000	0.030000	NUM
economy-573	433	27	183.5600	183.5600	NUM
economy-573	433	28	33.72000	33.72000	NUM
economy-573	433	29	0.090000	0.090000	NUM
economy-573	433	30	118.5000	118.5000	NUM
economy-573	433	31	1985	1985	NUM
economy-573	433	32	3.280000	3.280000	NUM
economy-573	433	33	0.160000	0.160000	NUM
economy-573	433	34	2.080000	2.080000	NUM
economy-573	433	35	0.930000	0.930000	NUM
economy-573	433	36	201.0400	201.0400	NUM
economy-573	433	37	32.84000	32.84000	NUM
economy-573	433	38	0.090000	0.090000	NUM
economy-573	433	39	127.3000	127.3000	NUM
economy-573	433	40	1986	1986	NUM
economy-573	433	41	3.300000	3.300000	NUM
economy-573	433	42	0.240000	0.240000	NUM
economy-573	433	43	1.370000	1.370000	NUM
economy-573	433	44	0.050000	0.050000	NUM
economy-573	433	45	205.9700	205.9700	NUM
economy-573	433	46	34.43000	34.43000	NUM
economy-573	433	47	0.070000	0.070000	NUM
economy-573	433	48	163.8000	163.8000	NUM
economy-573	433	49	1987	1987	NUM
economy-573	433	50	4.000000	4.000000	NUM
economy-573	433	51	0.190000	0.190000	NUM
economy-573	433	52	2.140000	2.140000	NUM
economy-573	433	53	0.050000	0.050000	NUM
economy-573	433	54	204.8100	204.8100	NUM
economy-573	433	55	26.20000	26.20000	NUM
economy-573	433	56	0.240000	0.240000	NUM
economy-573	433	57	190.9000	190.9000	NUM
economy-573	433	58	1988	1988	NUM
economy-573	433	59	4.550000	4.550000	NUM
economy-573	433	60	0.390000	0.390000	NUM
economy-573	433	61	1.180000	1.180000	NUM
economy-573	433	62	0.050000	0.050000	NUM
economy-573	433	63	219.8800	219.8800	NUM
economy-573	433	64	27.58000	27.58000	NUM
economy-573	433	65	0.240000	0.240000	NUM
economy-573	433	66	233.6000	233.6000	NUM
economy-573	433	67	1989	1989	NUM
economy-573	433	68	5.410000	5.410000	NUM
economy-573	433	69	0.260000	0.260000	NUM
economy-573	433	70	2.100000	2.100000	NUM
economy-573	433	71	0.050000	0.050000	NUM
economy-573	433	72	236.7300	236.7300	NUM
economy-573	433	73	21.17000	21.17000	NUM
economy-573	433	74	0.380000	0.380000	NUM
economy-573	433	75	325.3000	325.3000	NUM
economy-573	433	76	1990	1990	NUM
economy-573	433	77	6.090000	6.090000	NUM
economy-573	433	78	0.080000	0.080000	NUM
economy-573	433	79	7.230000	7.230000	NUM
economy-573	433	80	0.040000	0.040000	NUM
economy-573	433	81	267.5500	267.5500	NUM
economy-573	433	82	19.76000	19.76000	NUM
economy-573	433	83	0.580000	0.580000	NUM
economy-573	433	84	513.8000	513.8000	NUM
economy-573	433	85	1991	1991	NUM
economy-573	433	86	8.700000	8.700000	NUM
economy-573	433	87	0.090000	0.090000	NUM
economy-573	433	88	9.540000	9.540000	NUM
economy-573	433	89	0.050000	0.050000	NUM
economy-573	433	90	265.3800	265.3800	NUM
economy-573	433	91	24.16000	24.16000	NUM
economy-573	433	92	0.790000	0.790000	NUM
economy-573	433	93	783.0000	783.0000	NUM
economy-573	433	94	1992	1992	NUM
economy-573	433	95	11.50000	11.50000	NUM
economy-573	433	96	0.180000	0.180000	NUM
economy-573	433	97	6.350000	6.350000	NUM
economy-573	433	98	0.080000	0.080000	NUM
economy-573	433	99	271.3800	271.3800	NUM
economy-573	433	100	20.86000	20.86000	NUM
economy-573	433	101	1.290000	1.290000	NUM
economy-573	433	102	1107.600	1107.600	NUM
economy-573	433	103	1993	1993	NUM
economy-573	433	104	17.28000	17.28000	NUM
economy-573	433	105	0.290000	0.290000	NUM
economy-573	433	106	5.910000	5.910000	NUM
economy-573	433	107	0.240000	0.240000	NUM
economy-573	433	108	274.8300	274.8300	NUM
economy-573	433	109	24.18000	24.18000	NUM
economy-573	433	110	1.400000	1.400000	NUM
economy-573	433	111	1543.800	1543.800	NUM
economy-573	433	112	1994	1994	NUM
economy-573	433	113	24.07000	24.07000	NUM
economy-573	433	114	0.360000	0.360000	NUM
economy-573	433	115	6.720000	6.720000	NUM
economy-573	433	116	0.260000	0.260000	NUM
economy-573	433	117	275.4500	275.4500	NUM
economy-573	433	118	25.59000	25.59000	NUM
economy-573	433	119	1.340000	1.340000	NUM
economy-573	433	120	2205.000	2205.000	NUM
economy-573	433	121	1995	1995	NUM
economy-573	434	1	64.11000	64.11000	NUM
economy-573	434	2	0.650000	0.650000	NUM
economy-573	434	3	9.810000	9.810000	NUM
economy-573	434	4	0.420000	0.420000	NUM
economy-573	434	5	281.4100	281.4100	NUM
economy-573	434	6	14.95000	14.95000	NUM
economy-573	434	7	6.060000	6.060000	NUM
economy-573	435	1	5092.200	5092.200	NUM
economy-573	435	2	1996	1996	NUM
economy-573	435	3	97.30000	97.30000	NUM
economy-573	435	4	2.380000	2.380000	NUM
economy-573	435	5	4.090000	4.090000	NUM
economy-573	435	6	0.420000	0.420000	NUM
economy-573	435	7	293.7500	293.7500	NUM
economy-573	435	8	12.80000	12.80000	NUM
economy-573	435	9	6.370000	6.370000	NUM
economy-573	435	10	6992.100	6992.100	NUM
economy-573	435	11	1997	1997	NUM
economy-573	435	12	93.34000	93.34000	NUM
economy-573	436	1	3.420000	3.420000	NUM
economy-573	436	2	2.730000	2.730000	NUM
economy-573	436	3	0.420000	0.420000	NUM
economy-573	436	4	302.0200	302.0200	NUM
economy-573	436	5	14.75000	14.75000	NUM
economy-573	436	6	6.910000	6.910000	NUM
economy-573	436	7	6440.500	6440.500	NUM
economy-573	436	8	1998	1998	NUM
economy-573	436	9	84.47000	84.47000	NUM
economy-573	436	10	4.370000	4.370000	NUM
economy-573	436	11	1.930000	1.930000	NUM
economy-573	436	12	0.490000	0.490000	NUM
economy-573	436	13	310.8900	310.8900	NUM
economy-573	436	14	18.02000	18.02000	NUM
economy-573	436	15	5.110000	5.110000	NUM
economy-573	436	16	5672.700	5672.700	NUM
economy-573	436	17	1999	1999	NUM
economy-573	436	18	96.10000	96.10000	NUM
economy-573	436	19	4.510000	4.510000	NUM
economy-573	436	20	2.130000	2.130000	NUM
economy-573	436	21	0.490000	0.490000	NUM
economy-573	436	22	312.1800	312.1800	NUM
economy-573	436	23	19.69000	19.69000	NUM
economy-573	436	24	6.570000	6.570000	NUM
economy-573	436	25	5266.400	5266.400	NUM
economy-573	436	26	2000	2000	NUM
economy-573	436	27	143.4800	143.4800	NUM
economy-573	436	28	8.550000	8.550000	NUM
economy-573	436	29	1.680000	1.680000	NUM
economy-573	436	30	0.480000	0.480000	NUM
economy-573	437	1	329.1800	329.1800	NUM
economy-573	437	2	19.17000	19.17000	NUM
economy-573	437	3	8.900000	8.900000	NUM
economy-573	437	4	8111.000	8111.000	NUM
economy-573	437	5	2001	2001	NUM
economy-573	437	6	185.5800	185.5800	NUM
economy-573	437	7	16.16000	16.16000	NUM
economy-573	437	8	1.150000	1.150000	NUM
economy-573	437	9	0.450000	0.450000	NUM
economy-573	437	10	356.9900	356.9900	NUM
economy-573	437	11	26.86000	26.86000	NUM
economy-573	437	12	9.040000	9.040000	NUM
economy-573	437	13	10953.10	10953.10	NUM
economy-573	437	14	2002	2002	NUM
economy-573	437	15	176.5700	176.5700	NUM
economy-573	437	16	13.71000	13.71000	NUM
economy-573	437	17	1.290000	1.290000	NUM
economy-573	437	18	0.380000	0.380000	NUM
economy-573	437	19	433.2000	433.2000	NUM
economy-573	437	20	21.79000	21.79000	NUM
economy-573	437	21	7.520000	7.520000	NUM
economy-573	437	22	12137.70	12137.70	NUM
economy-573	437	23	2003	2003	NUM
economy-573	437	24	284.6500	284.6500	NUM
economy-573	437	25	25.21000	25.21000	NUM
economy-573	437	26	1.130000	1.130000	NUM
economy-573	437	27	0.370000	0.370000	NUM
economy-573	437	28	477.5300	477.5300	NUM
economy-573	437	29	23.01000	23.01000	NUM
economy-573	437	30	10.82000	10.82000	NUM
economy-573	437	31	20128.90	20128.90	NUM
economy-573	437	32	2004	2004	NUM
economy-573	437	33	400.4200	400.4200	NUM
economy-573	437	34	42.80000	42.80000	NUM
economy-573	437	35	0.940000	0.940000	NUM
economy-573	437	36	0.470000	0.470000	NUM
economy-573	437	37	527.5800	527.5800	NUM
economy-573	437	38	18.68000	18.68000	NUM
economy-573	437	39	12.49000	12.49000	NUM
economy-573	437	40	23844.50	23844.50	NUM
economy-573	437	41	2005	2005	NUM
economy-573	437	42	516.1000	516.1000	NUM
economy-573	437	43	46.79000	46.79000	NUM
economy-573	437	44	1.100000	1.100000	NUM
economy-573	437	45	0.580000	0.580000	NUM
economy-573	437	46	561.9300	561.9300	NUM
economy-573	437	47	18.10000	18.10000	NUM
economy-573	437	48	17.88000	17.88000	NUM
economy-573	437	49	24085.80	24085.80	NUM
economy-573	437	50	2006	2006	NUM
economy-573	437	51	859.4900	859.4900	NUM
economy-573	437	52	78.93000	78.93000	NUM
economy-573	437	53	1.090000	1.090000	NUM
economy-573	437	54	0.810000	0.810000	NUM
economy-573	437	55	595.8200	595.8200	NUM
economy-573	437	56	20.46000	20.46000	NUM
economy-573	437	57	18.02000	18.02000	NUM
economy-573	437	58	33189.30	33189.30	NUM
economy-573	437	59	2007	2007	NUM
economy-573	437	60	2096.110	2096.110	NUM
economy-573	437	61	169.6500	169.6500	NUM
economy-573	437	62	1.240000	1.240000	NUM
economy-573	437	63	0.870000	0.870000	NUM
economy-573	437	64	634.2500	634.2500	NUM
economy-573	437	65	24.82000	24.82000	NUM
economy-573	437	66	20.01000	20.01000	NUM
economy-573	437	67	57990.20	57990.20	NUM
economy-573	437	68	2008	2008	NUM
economy-573	437	69	1422.640	1422.640	NUM
economy-573	437	70	249.8000	249.8000	NUM
economy-573	437	71	0.570000	0.570000	NUM
economy-573	437	72	0.590000	0.590000	NUM
economy-573	437	73	672.2000	672.2000	NUM
economy-573	437	74	32.96000	32.96000	NUM
economy-573	437	75	23.93000	23.93000	NUM
economy-573	437	76	31450.80	31450.80	NUM
economy-573	437	77	2009	2009	NUM
economy-573	437	78	977.9000	977.9000	NUM
economy-573	437	79	95.37000	95.37000	NUM
economy-573	437	80	1.030000	1.030000	NUM
economy-573	437	81	0.610000	0.610000	NUM
economy-573	437	82	718.9800	718.9800	NUM
economy-573	437	83	37.96000	37.96000	NUM
economy-573	437	84	18.72000	18.72000	NUM
economy-573	437	85	20827.20	20827.20	NUM
economy-573	437	86	2010	2010	NUM
economy-573	437	87	1277.570	1277.570	NUM
economy-573	437	88	14.27000	14.27000	NUM
economy-573	437	89	1.240000	1.240000	NUM
economy-573	437	90	21.25000	21.25000	NUM
economy-573	437	91	776.3300	776.3300	NUM
economy-573	437	92	32.47000	32.47000	NUM
economy-573	437	93	24.53000	24.53000	NUM
economy-573	437	94	24770.50	24770.50	NUM
economy-573	437	95	2011	2011	NUM
economy-573	437	96	1159.560	1159.560	PROPN
economy-573	437	97	25.20000	25.20000	NUM
economy-573	437	98	1.510000	1.510000	NUM
economy-573	437	99	26.01000	26.01000	NUM
economy-573	437	100	834.1600	834.1600	NUM
economy-573	437	101	32.42000	32.42000	NUM
economy-573	437	102	39.41000	39.41000	NUM
economy-573	437	103	20730.60	20730.60	NUM
economy-573	437	104	2012	2012	NUM
economy-573	437	105	14800.90	14800.90	NUM
economy-573	437	106	21.02000	21.02000	NUM
economy-573	437	107	9.710000	9.710000	NUM
economy-573	437	108	41.64000	41.64000	NUM
economy-573	437	109	717.1400	717.1400	NUM
economy-573	437	110	21.17000	21.17000	NUM
economy-573	437	111	20.40000	20.40000	NUM
economy-573	437	112	28078.80	28078.80	NUM
economy-573	437	113	2013	2013	NUM
economy-573	437	114	19077.40	19077.40	NUM
economy-573	437	115	34.40000	34.40000	NUM
economy-573	437	116	7.330000	7.330000	NUM
economy-573	437	117	56.33000	56.33000	NUM
economy-573	437	118	800.9300	800.9300	NUM
economy-573	437	119	13.89000	13.89000	NUM
economy-573	437	120	19.70000	19.70000	NUM
economy-573	437	121	41329.20	41329.20	NUM
economy-573	437	122	2014	2014	NUM
economy-573	437	123	16127.82	16127.82	NUM
economy-573	437	124	76.12000	76.12000	NUM
economy-573	437	125	0.820000	0.820000	NUM
economy-573	437	126	16.26000	16.26000	NUM
economy-573	437	127	890.4400	890.4400	NUM
economy-573	437	128	15.16000	15.16000	NUM
economy-573	437	129	19.20000	19.20000	NUM
economy-573	437	130	34557.20	34557.20	NUM
economy-573	437	131	sources	source	NOUN
economy-573	437	132	:	:	PUNCT
economy-573	437	133	cbn	cbn	PROPN
economy-573	437	134	,	,	PUNCT
economy-573	437	135	sec	sec	PROPN
economy-573	437	136	,	,	PUNCT
economy-573	437	137	nbs	nbs	PROPN
economy-573	437	138	and	and	CCONJ
economy-573	437	139	nse	nse	NOUN
economy-573	437	140	year	year	NOUN
economy-573	437	141	book	book	NOUN
economy-573	437	142	various	various	ADJ
economy-573	437	143	issues	issue	NOUN
economy-573	437	144	.	.	PUNCT
economy-573	438	1	asian	asian	ADJ
economy-573	438	2	online	online	PROPN
economy-573	438	3	journal	journal	PROPN
economy-573	438	4	publishing	publishing	NOUN
economy-573	438	5	group	group	NOUN
economy-573	438	6	is	be	AUX
economy-573	438	7	not	not	PART
economy-573	438	8	responsible	responsible	ADJ
economy-573	438	9	or	or	CCONJ
economy-573	438	10	answerable	answerable	ADJ
economy-573	438	11	for	for	ADP
economy-573	438	12	any	any	DET
economy-573	438	13	loss	loss	NOUN
economy-573	438	14	,	,	PUNCT
economy-573	438	15	damage	damage	NOUN
economy-573	438	16	or	or	CCONJ
economy-573	438	17	liability	liability	NOUN
economy-573	438	18	,	,	PUNCT
economy-573	438	19	etc	etc	X
economy-573	438	20	.	.	X
economy-573	438	21	caused	cause	VERB
economy-573	438	22	in	in	ADP
economy-573	438	23	relation	relation	NOUN
economy-573	438	24	to	to	PART
economy-573	438	25	/	/	PUNCT
economy-573	438	26	arising	arise	VERB
economy-573	438	27	out	out	ADP
economy-573	438	28	of	of	ADP
economy-573	438	29	the	the	DET
economy-573	438	30	use	use	NOUN
economy-573	438	31	of	of	ADP
economy-573	438	32	the	the	DET
economy-573	438	33	content	content	NOUN
economy-573	438	34	.	.	PUNCT
economy-573	439	1	any	any	DET
economy-573	439	2	queries	query	NOUN
economy-573	439	3	should	should	AUX
economy-573	439	4	be	be	AUX
economy-573	439	5	directed	direct	VERB
economy-573	439	6	to	to	ADP
economy-573	439	7	the	the	DET
economy-573	439	8	corresponding	corresponding	ADJ
economy-573	439	9	author	author	NOUN
economy-573	439	10	of	of	ADP
economy-573	439	11	the	the	DET
economy-573	439	12	article	article	NOUN
economy-573	439	13	.	.	PUNCT