id	sid	tid	token	lemma	pos
emaj-175	1	1	volume	volume	NOUN
emaj-175	1	2	7	7	NUM
emaj-175	1	3	no	no	DET
emaj-175	1	4	2	2	NUM
emaj-175	1	5	(	(	PUNCT
emaj-175	1	6	2018	2018	NUM
emaj-175	1	7	)	)	PUNCT
emaj-175	2	1	|	|	ADV
emaj-175	2	2	issn	issn	VERB
emaj-175	2	3	2158	2158	NUM
emaj-175	2	4	-	-	SYM
emaj-175	2	5	8708	8708	NUM
emaj-175	2	6	(	(	PUNCT
emaj-175	2	7	online	online	NOUN
emaj-175	2	8	)	)	PUNCT
emaj-175	2	9	|	|	ADV
emaj-175	2	10	doi	doi	X
emaj-175	2	11	10.5195	10.5195	NUM
emaj-175	2	12	/	/	SYM
emaj-175	2	13	emaj.2018.134	emaj.2018.134	PROPN
emaj-175	2	14	|	|	ADV
emaj-175	2	15	http://emaj.pitt.edu	http://emaj.pitt.edu	X
emaj-175	2	16	determinants	determinant	NOUN
emaj-175	2	17	of	of	ADP
emaj-175	2	18	foreign	foreign	ADJ
emaj-175	2	19	direct	direct	ADJ
emaj-175	2	20	investment	investment	NOUN
emaj-175	2	21	:	:	PUNCT
emaj-175	2	22	a	a	DET
emaj-175	2	23	panel	panel	NOUN
emaj-175	2	24	data	data	VERB
emaj-175	2	25	analysis	analysis	NOUN
emaj-175	2	26	for	for	ADP
emaj-175	2	27	sub	sub	ADJ
emaj-175	2	28	-	-	ADJ
emaj-175	2	29	saharan	saharan	ADJ
emaj-175	2	30	african	african	ADJ
emaj-175	2	31	countries	country	NOUN
emaj-175	2	32	semra	semra	PROPN
emaj-175	2	33	boğa	boğa	PROPN
emaj-175	2	34	adana	adana	PROPN
emaj-175	2	35	alparslan	alparslan	VERB
emaj-175	2	36	türkeş	türkeş	PROPN
emaj-175	2	37	science	science	PROPN
emaj-175	2	38	and	and	CCONJ
emaj-175	2	39	technology	technology	PROPN
emaj-175	2	40	university	university	NOUN
emaj-175	2	41	,	,	PUNCT
emaj-175	2	42	turkey	turkey	NOUN
emaj-175	3	1	|	|	ADV
emaj-175	3	2	sboga@atu.edu.tr	sboga@atu.edu.tr	NOUN
emaj-175	3	3	abstract	abstract	VERB
emaj-175	3	4	the	the	DET
emaj-175	3	5	aim	aim	NOUN
emaj-175	3	6	of	of	ADP
emaj-175	3	7	this	this	DET
emaj-175	3	8	study	study	NOUN
emaj-175	3	9	is	be	AUX
emaj-175	3	10	to	to	PART
emaj-175	3	11	investigate	investigate	VERB
emaj-175	3	12	the	the	DET
emaj-175	3	13	determinants	determinant	NOUN
emaj-175	3	14	of	of	ADP
emaj-175	3	15	fdi	fdi	NOUN
emaj-175	3	16	inflows	inflow	NOUN
emaj-175	3	17	in	in	ADP
emaj-175	3	18	sub	sub	ADJ
emaj-175	3	19	-	-	ADJ
emaj-175	3	20	saharan	saharan	ADJ
emaj-175	3	21	african	african	ADJ
emaj-175	3	22	countries	country	NOUN
emaj-175	3	23	.	.	PUNCT
emaj-175	4	1	in	in	ADP
emaj-175	4	2	this	this	DET
emaj-175	4	3	study	study	NOUN
emaj-175	4	4	,	,	PUNCT
emaj-175	4	5	panel	panel	NOUN
emaj-175	4	6	data	datum	NOUN
emaj-175	4	7	analysis	analysis	NOUN
emaj-175	4	8	was	be	AUX
emaj-175	4	9	performed	perform	VERB
emaj-175	4	10	by	by	ADP
emaj-175	4	11	using	use	VERB
emaj-175	4	12	annual	annual	ADJ
emaj-175	4	13	data	datum	NOUN
emaj-175	4	14	from	from	ADP
emaj-175	4	15	23	23	NUM
emaj-175	4	16	countries	country	NOUN
emaj-175	4	17	for	for	ADP
emaj-175	4	18	the	the	DET
emaj-175	4	19	period	period	NOUN
emaj-175	4	20	of	of	ADP
emaj-175	4	21	1975	1975	NUM
emaj-175	4	22	-	-	SYM
emaj-175	4	23	2017	2017	NUM
emaj-175	4	24	.	.	PUNCT
emaj-175	5	1	the	the	DET
emaj-175	5	2	pesaran	pesaran	NOUN
emaj-175	5	3	(	(	PUNCT
emaj-175	5	4	2004	2004	NUM
emaj-175	5	5	)	)	PUNCT
emaj-175	5	6	cross	cross	ADJ
emaj-175	5	7	-	-	ADJ
emaj-175	5	8	section	section	ADJ
emaj-175	5	9	dependence	dependence	NOUN
emaj-175	5	10	test	test	NOUN
emaj-175	5	11	was	be	AUX
emaj-175	5	12	performed	perform	VERB
emaj-175	5	13	to	to	PART
emaj-175	5	14	test	test	VERB
emaj-175	5	15	correlation	correlation	NOUN
emaj-175	5	16	and	and	CCONJ
emaj-175	5	17	ips	ips	NOUN
emaj-175	5	18	unit	unit	NOUN
emaj-175	5	19	root	root	PROPN
emaj-175	5	20	test	test	NOUN
emaj-175	5	21	was	be	AUX
emaj-175	5	22	applied	apply	VERB
emaj-175	5	23	to	to	PART
emaj-175	5	24	reveal	reveal	VERB
emaj-175	5	25	the	the	DET
emaj-175	5	26	stationary	stationary	ADJ
emaj-175	5	27	level	level	NOUN
emaj-175	5	28	between	between	ADP
emaj-175	5	29	the	the	DET
emaj-175	5	30	units	unit	NOUN
emaj-175	5	31	.	.	PUNCT
emaj-175	6	1	based	base	VERB
emaj-175	6	2	on	on	ADP
emaj-175	6	3	the	the	DET
emaj-175	6	4	pmg	pmg	PROPN
emaj-175	6	5	estimator	estimator	PROPN
emaj-175	6	6	results	result	VERB
emaj-175	6	7	gdp	gdp	NOUN
emaj-175	6	8	growth	growth	NOUN
emaj-175	6	9	,	,	PUNCT
emaj-175	6	10	trade	trade	NOUN
emaj-175	6	11	openness	openness	NOUN
emaj-175	6	12	,	,	PUNCT
emaj-175	6	13	domestic	domestic	ADJ
emaj-175	6	14	credit	credit	NOUN
emaj-175	6	15	,	,	PUNCT
emaj-175	6	16	natural	natural	ADJ
emaj-175	6	17	resources	resource	NOUN
emaj-175	6	18	and	and	CCONJ
emaj-175	6	19	telecommunication	telecommunication	NOUN
emaj-175	6	20	infrastructure	infrastructure	NOUN
emaj-175	6	21	are	be	AUX
emaj-175	6	22	all	all	PRON
emaj-175	6	23	found	find	VERB
emaj-175	6	24	to	to	PART
emaj-175	6	25	be	be	AUX
emaj-175	6	26	the	the	DET
emaj-175	6	27	determinants	determinant	NOUN
emaj-175	6	28	of	of	ADP
emaj-175	6	29	fdi	fdi	NOUN
emaj-175	6	30	inflows	inflow	NOUN
emaj-175	6	31	in	in	ADP
emaj-175	6	32	sub	sub	ADJ
emaj-175	6	33	-	-	ADJ
emaj-175	6	34	saharan	saharan	ADJ
emaj-175	6	35	countries	country	NOUN
emaj-175	6	36	in	in	ADP
emaj-175	6	37	the	the	DET
emaj-175	6	38	long	long	ADJ
emaj-175	6	39	term	term	NOUN
emaj-175	6	40	.	.	PUNCT
emaj-175	7	1	but	but	CCONJ
emaj-175	7	2	,	,	PUNCT
emaj-175	7	3	in	in	ADP
emaj-175	7	4	the	the	DET
emaj-175	7	5	short	short	ADJ
emaj-175	7	6	term	term	NOUN
emaj-175	7	7	,	,	PUNCT
emaj-175	7	8	only	only	ADV
emaj-175	7	9	the	the	DET
emaj-175	7	10	gdp	gdp	NOUN
emaj-175	7	11	growth	growth	NOUN
emaj-175	7	12	and	and	CCONJ
emaj-175	7	13	trade	trade	NOUN
emaj-175	7	14	openness	openness	NOUN
emaj-175	7	15	determines	determine	VERB
emaj-175	7	16	the	the	DET
emaj-175	7	17	fdi	fdi	NOUN
emaj-175	7	18	inflows	inflow	NOUN
emaj-175	7	19	.	.	PUNCT
emaj-175	8	1	keywords	keyword	NOUN
emaj-175	8	2	:	:	PUNCT
emaj-175	8	3	foreign	foreign	ADJ
emaj-175	8	4	direct	direct	ADJ
emaj-175	8	5	investment	investment	NOUN
emaj-175	8	6	,	,	PUNCT
emaj-175	8	7	panel	panel	NOUN
emaj-175	8	8	data	datum	NOUN
emaj-175	8	9	analysis	analysis	NOUN
emaj-175	8	10	,	,	PUNCT
emaj-175	8	11	sub	sub	ADJ
emaj-175	8	12	-	-	ADJ
emaj-175	8	13	saharan	saharan	ADJ
emaj-175	8	14	africa	africa	PROPN
emaj-175	8	15	,	,	PUNCT
emaj-175	8	16	capital	capital	NOUN
emaj-175	8	17	flows	flow	NOUN
emaj-175	8	18	,	,	PUNCT
emaj-175	8	19	determinants	determinant	NOUN
emaj-175	8	20	of	of	ADP
emaj-175	8	21	fdi	fdi	ADJ
emaj-175	8	22	new	new	ADJ
emaj-175	8	23	articles	article	NOUN
emaj-175	8	24	in	in	ADP
emaj-175	8	25	this	this	DET
emaj-175	8	26	journal	journal	NOUN
emaj-175	8	27	are	be	AUX
emaj-175	8	28	licensed	license	VERB
emaj-175	8	29	under	under	ADP
emaj-175	8	30	a	a	DET
emaj-175	8	31	creative	creative	ADJ
emaj-175	8	32	commons	common	NOUN
emaj-175	8	33	attribution	attribution	NOUN
emaj-175	8	34	3.0	3.0	NUM
emaj-175	8	35	united	unite	VERB
emaj-175	8	36	states	states	PROPN
emaj-175	8	37	license	license	NOUN
emaj-175	8	38	.	.	PUNCT
emaj-175	9	1	this	this	DET
emaj-175	9	2	journal	journal	NOUN
emaj-175	9	3	is	be	AUX
emaj-175	9	4	published	publish	VERB
emaj-175	9	5	by	by	ADP
emaj-175	9	6	the	the	DET
emaj-175	9	7	university	university	NOUN
emaj-175	9	8	library	library	NOUN
emaj-175	9	9	system	system	NOUN
emaj-175	9	10	of	of	ADP
emaj-175	9	11	the	the	DET
emaj-175	9	12	university	university	PROPN
emaj-175	9	13	of	of	ADP
emaj-175	9	14	pittsburgh	pittsburgh	PROPN
emaj-175	9	15	as	as	ADP
emaj-175	9	16	part	part	NOUN
emaj-175	9	17	of	of	ADP
emaj-175	9	18	its	its	PRON
emaj-175	9	19	d	d	NOUN
emaj-175	9	20	-	-	PUNCT
emaj-175	9	21	scribe	scribe	VERB
emaj-175	9	22	digital	digital	ADJ
emaj-175	9	23	publishing	publishing	NOUN
emaj-175	9	24	program	program	NOUN
emaj-175	9	25	,	,	PUNCT
emaj-175	9	26	and	and	CCONJ
emaj-175	9	27	is	be	AUX
emaj-175	9	28	cosponsored	cosponsor	VERB
emaj-175	9	29	by	by	ADP
emaj-175	9	30	the	the	DET
emaj-175	9	31	university	university	PROPN
emaj-175	9	32	of	of	ADP
emaj-175	9	33	pittsburgh	pittsburgh	PROPN
emaj-175	9	34	press	press	NOUN
emaj-175	9	35	.	.	PUNCT
emaj-175	10	1	volume	volume	NOUN
emaj-175	10	2	9	9	NUM
emaj-175	10	3	no	no	DET
emaj-175	10	4	1	1	NUM
emaj-175	10	5	(	(	PUNCT
emaj-175	10	6	2019	2019	NUM
emaj-175	10	7	)	)	PUNCT
emaj-175	10	8	|	|	ADV
emaj-175	10	9	issn	issn	VERB
emaj-175	10	10	2158	2158	NUM
emaj-175	10	11	-	-	SYM
emaj-175	10	12	8708	8708	NUM
emaj-175	10	13	(	(	PUNCT
emaj-175	10	14	online	online	NOUN
emaj-175	10	15	)	)	PUNCT
emaj-175	10	16	|	|	ADV
emaj-175	10	17	doi	doi	X
emaj-175	10	18	10.5195	10.5195	NUM
emaj-175	10	19	/	/	SYM
emaj-175	10	20	emaj.2019.175	emaj.2019.175	NOUN
emaj-175	11	1	|	|	ADV
emaj-175	11	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-175	11	3	|	|	ADV
emaj-175	11	4	http://creativecommons.org/licenses/by/3.0/us/	http://creativecommons.org/licenses/by/3.0/us/	NOUN
emaj-175	11	5	mailto:sboga@atu.edu.tr	mailto:sboga@atu.edu.tr	ADV
emaj-175	11	6	http://www.library.pitt.edu/	http://www.library.pitt.edu/	PROPN
emaj-175	11	7	http://www.pitt.edu/	http://www.pitt.edu/	NOUN
emaj-175	11	8	http://www.library.pitt.edu/articles/digpubtype/index.html	http://www.library.pitt.edu/articles/digpubtype/index.html	X
emaj-175	12	1	http://www.upress.pitt.edu/upressindex.aspx	http://www.upress.pitt.edu/upressindex.aspx	NUM
emaj-175	12	2	http://creativecommons.org/licenses/by/3.0/us/	http://creativecommons.org/licenses/by/3.0/us/	NOUN
emaj-175	12	3	http://creativecommons.org/licenses/by/3.0/us/	http://creativecommons.org/licenses/by/3.0/us/	NOUN
emaj-175	13	1	http://creativecommons.org/licenses/by/3.0/us/	http://creativecommons.org/licenses/by/3.0/us/	NOUN
emaj-175	13	2	volume	volume	NOUN
emaj-175	13	3	9	9	NUM
emaj-175	13	4	no	no	DET
emaj-175	13	5	1	1	NUM
emaj-175	13	6	(	(	PUNCT
emaj-175	13	7	2019	2019	NUM
emaj-175	13	8	)	)	PUNCT
emaj-175	13	9	|	|	ADV
emaj-175	13	10	issn	issn	VERB
emaj-175	13	11	2158	2158	NUM
emaj-175	13	12	-	-	SYM
emaj-175	13	13	8708	8708	NUM
emaj-175	13	14	(	(	PUNCT
emaj-175	13	15	online	online	NOUN
emaj-175	13	16	)	)	PUNCT
emaj-175	13	17	|	|	ADV
emaj-175	13	18	doi	doi	X
emaj-175	13	19	10.5195	10.5195	NUM
emaj-175	13	20	/	/	SYM
emaj-175	13	21	emaj.2019.175	emaj.2019.175	NOUN
emaj-175	14	1	|	|	NOUN
emaj-175	14	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-175	14	3	determinants	determinant	NOUN
emaj-175	14	4	of	of	ADP
emaj-175	14	5	foreign	foreign	ADJ
emaj-175	14	6	direct	direct	ADJ
emaj-175	14	7	investment	investment	NOUN
emaj-175	14	8	:	:	PUNCT
emaj-175	14	9	a	a	DET
emaj-175	14	10	panel	panel	NOUN
emaj-175	14	11	data	data	VERB
emaj-175	14	12	analysis	analysis	NOUN
emaj-175	14	13	for	for	ADP
emaj-175	14	14	sub	sub	ADJ
emaj-175	14	15	-	-	ADJ
emaj-175	14	16	saharan	saharan	ADJ
emaj-175	14	17	african	african	ADJ
emaj-175	14	18	countries	country	NOUN
emaj-175	14	19	page	page	VERB
emaj-175	14	20	|80|	|80|	NOUN
emaj-175	14	21	emerging	emerge	VERB
emaj-175	14	22	markets	market	NOUN
emaj-175	14	23	journal	journal	NOUN
emaj-175	14	24	determinants	determinant	NOUN
emaj-175	14	25	of	of	ADP
emaj-175	14	26	foreign	foreign	ADJ
emaj-175	14	27	direct	direct	ADJ
emaj-175	14	28	investment	investment	NOUN
emaj-175	14	29	:	:	PUNCT
emaj-175	14	30	a	a	DET
emaj-175	14	31	panel	panel	NOUN
emaj-175	14	32	data	data	VERB
emaj-175	14	33	analysis	analysis	NOUN
emaj-175	14	34	for	for	ADP
emaj-175	14	35	sub	sub	ADJ
emaj-175	14	36	-	-	ADJ
emaj-175	14	37	saharan	saharan	ADJ
emaj-175	14	38	african	african	ADJ
emaj-175	14	39	countries	country	NOUN
emaj-175	14	40	semra	semra	PROPN
emaj-175	14	41	boğa	boğa	PROPN
emaj-175	14	42	i.	i.	PROPN
emaj-175	14	43	introduction	introduction	PROPN
emaj-175	14	44	one	one	NUM
emaj-175	14	45	of	of	ADP
emaj-175	14	46	the	the	DET
emaj-175	14	47	major	major	ADJ
emaj-175	14	48	economic	economic	ADJ
emaj-175	14	49	issues	issue	NOUN
emaj-175	14	50	of	of	ADP
emaj-175	14	51	developing	develop	VERB
emaj-175	14	52	countries	country	NOUN
emaj-175	14	53	is	be	AUX
emaj-175	14	54	the	the	DET
emaj-175	14	55	shortage	shortage	NOUN
emaj-175	14	56	of	of	ADP
emaj-175	14	57	domestic	domestic	ADJ
emaj-175	14	58	resources	resource	NOUN
emaj-175	14	59	necessary	necessary	ADJ
emaj-175	14	60	to	to	PART
emaj-175	14	61	subsidize	subsidize	VERB
emaj-175	14	62	national	national	ADJ
emaj-175	14	63	investments	investment	NOUN
emaj-175	14	64	.	.	PUNCT
emaj-175	15	1	this	this	PRON
emaj-175	15	2	leaves	leave	VERB
emaj-175	15	3	countries	country	NOUN
emaj-175	15	4	in	in	ADP
emaj-175	15	5	constant	constant	ADJ
emaj-175	15	6	need	need	NOUN
emaj-175	15	7	for	for	ADP
emaj-175	15	8	both	both	CCONJ
emaj-175	15	9	indirect	indirect	ADJ
emaj-175	15	10	and	and	CCONJ
emaj-175	15	11	direct	direct	ADJ
emaj-175	15	12	investments	investment	NOUN
emaj-175	15	13	.	.	PUNCT
emaj-175	16	1	initially	initially	ADV
emaj-175	16	2	,	,	PUNCT
emaj-175	16	3	developing	develop	VERB
emaj-175	16	4	countries	country	NOUN
emaj-175	16	5	,	,	PUNCT
emaj-175	16	6	which	which	PRON
emaj-175	16	7	have	have	AUX
emaj-175	16	8	been	be	AUX
emaj-175	16	9	on	on	ADP
emaj-175	16	10	the	the	DET
emaj-175	16	11	path	path	NOUN
emaj-175	16	12	to	to	ADP
emaj-175	16	13	lending	lend	VERB
emaj-175	16	14	from	from	ADP
emaj-175	16	15	predominantly	predominantly	ADV
emaj-175	16	16	international	international	ADJ
emaj-175	16	17	banks	bank	NOUN
emaj-175	16	18	,	,	PUNCT
emaj-175	16	19	have	have	AUX
emaj-175	16	20	started	start	VERB
emaj-175	16	21	to	to	PART
emaj-175	16	22	redesign	redesign	VERB
emaj-175	16	23	their	their	PRON
emaj-175	16	24	foreign	foreign	ADJ
emaj-175	16	25	investment	investment	NOUN
emaj-175	16	26	policies	policy	NOUN
emaj-175	16	27	and	and	CCONJ
emaj-175	16	28	business	business	NOUN
emaj-175	16	29	climate	climate	NOUN
emaj-175	16	30	to	to	PART
emaj-175	16	31	attract	attract	VERB
emaj-175	16	32	more	more	ADV
emaj-175	16	33	stable	stable	ADJ
emaj-175	16	34	foreign	foreign	ADJ
emaj-175	16	35	capital	capital	NOUN
emaj-175	16	36	types	type	NOUN
emaj-175	16	37	,	,	PUNCT
emaj-175	16	38	since	since	SCONJ
emaj-175	16	39	the	the	DET
emaj-175	16	40	debt	debt	NOUN
emaj-175	16	41	crises	crisis	NOUN
emaj-175	16	42	in	in	ADP
emaj-175	16	43	the	the	DET
emaj-175	16	44	1980s	1980	NOUN
emaj-175	16	45	restricted	restrict	VERB
emaj-175	16	46	access	access	NOUN
emaj-175	16	47	to	to	ADP
emaj-175	16	48	credit	credit	NOUN
emaj-175	16	49	.	.	PUNCT
emaj-175	17	1	due	due	ADP
emaj-175	17	2	to	to	ADP
emaj-175	17	3	its	its	PRON
emaj-175	17	4	structure	structure	NOUN
emaj-175	17	5	,	,	PUNCT
emaj-175	17	6	direct	direct	ADJ
emaj-175	17	7	investments	investment	NOUN
emaj-175	17	8	,	,	PUNCT
emaj-175	17	9	which	which	PRON
emaj-175	17	10	give	give	VERB
emaj-175	17	11	ownership	ownership	NOUN
emaj-175	17	12	rights	right	NOUN
emaj-175	17	13	to	to	ADP
emaj-175	17	14	the	the	DET
emaj-175	17	15	investor	investor	NOUN
emaj-175	17	16	and	and	CCONJ
emaj-175	17	17	require	require	VERB
emaj-175	17	18	a	a	DET
emaj-175	17	19	certain	certain	ADJ
emaj-175	17	20	physical	physical	ADJ
emaj-175	17	21	investment	investment	NOUN
emaj-175	17	22	,	,	PUNCT
emaj-175	17	23	have	have	AUX
emaj-175	17	24	been	be	AUX
emaj-175	17	25	considered	consider	VERB
emaj-175	17	26	the	the	DET
emaj-175	17	27	most	most	ADV
emaj-175	17	28	secure	secure	ADJ
emaj-175	17	29	and	and	CCONJ
emaj-175	17	30	largest	large	ADJ
emaj-175	17	31	component	component	NOUN
emaj-175	17	32	of	of	ADP
emaj-175	17	33	capital	capital	NOUN
emaj-175	17	34	flows	flow	NOUN
emaj-175	17	35	in	in	ADP
emaj-175	17	36	developing	develop	VERB
emaj-175	17	37	countries	country	NOUN
emaj-175	17	38	by	by	ADP
emaj-175	17	39	being	be	AUX
emaj-175	17	40	seen	see	VERB
emaj-175	17	41	as	as	ADP
emaj-175	17	42	a	a	DET
emaj-175	17	43	good	good	ADJ
emaj-175	17	44	alternative	alternative	NOUN
emaj-175	17	45	to	to	ADP
emaj-175	17	46	foreign	foreign	ADJ
emaj-175	17	47	capital	capital	NOUN
emaj-175	17	48	flows	flow	NOUN
emaj-175	17	49	coming	come	VERB
emaj-175	17	50	in	in	ADP
emaj-175	17	51	the	the	DET
emaj-175	17	52	form	form	NOUN
emaj-175	17	53	of	of	ADP
emaj-175	17	54	bank	bank	NOUN
emaj-175	17	55	loans	loan	NOUN
emaj-175	17	56	.	.	PUNCT
emaj-175	18	1	along	along	ADP
emaj-175	18	2	with	with	ADP
emaj-175	18	3	the	the	DET
emaj-175	18	4	globalization	globalization	NOUN
emaj-175	18	5	trends	trend	NOUN
emaj-175	18	6	seen	see	VERB
emaj-175	18	7	in	in	ADP
emaj-175	18	8	the	the	DET
emaj-175	18	9	post-1990	post-1990	ADJ
emaj-175	18	10	period	period	NOUN
emaj-175	18	11	,	,	PUNCT
emaj-175	18	12	there	there	PRON
emaj-175	18	13	has	have	AUX
emaj-175	18	14	been	be	AUX
emaj-175	18	15	a	a	DET
emaj-175	18	16	significant	significant	ADJ
emaj-175	18	17	change	change	NOUN
emaj-175	18	18	also	also	ADV
emaj-175	18	19	in	in	ADP
emaj-175	18	20	the	the	DET
emaj-175	18	21	attitude	attitude	NOUN
emaj-175	18	22	towards	towards	ADP
emaj-175	18	23	foreign	foreign	ADJ
emaj-175	18	24	direct	direct	ADJ
emaj-175	18	25	investment	investment	NOUN
emaj-175	18	26	(	(	PUNCT
emaj-175	18	27	fdi	fdi	NOUN
emaj-175	18	28	)	)	PUNCT
emaj-175	18	29	in	in	ADP
emaj-175	18	30	developing	develop	VERB
emaj-175	18	31	countries	country	NOUN
emaj-175	18	32	.	.	PUNCT
emaj-175	19	1	the	the	DET
emaj-175	19	2	debate	debate	NOUN
emaj-175	19	3	among	among	ADP
emaj-175	19	4	academics	academic	NOUN
emaj-175	19	5	and	and	CCONJ
emaj-175	19	6	policy	policy	NOUN
emaj-175	19	7	-	-	PUNCT
emaj-175	19	8	makers	maker	NOUN
emaj-175	19	9	on	on	ADP
emaj-175	19	10	whether	whether	SCONJ
emaj-175	19	11	to	to	PART
emaj-175	19	12	encourage	encourage	VERB
emaj-175	19	13	fdi	fdi	NOUN
emaj-175	19	14	or	or	CCONJ
emaj-175	19	15	not	not	PART
emaj-175	19	16	has	have	AUX
emaj-175	19	17	largely	largely	ADV
emaj-175	19	18	been	be	AUX
emaj-175	19	19	replaced	replace	VERB
emaj-175	19	20	by	by	ADP
emaj-175	19	21	how	how	SCONJ
emaj-175	19	22	fdi	fdi	NOUN
emaj-175	19	23	should	should	AUX
emaj-175	19	24	be	be	AUX
emaj-175	19	25	encouraged	encourage	VERB
emaj-175	19	26	.	.	PUNCT
emaj-175	20	1	the	the	DET
emaj-175	20	2	fact	fact	NOUN
emaj-175	20	3	that	that	SCONJ
emaj-175	20	4	the	the	DET
emaj-175	20	5	world	world	NOUN
emaj-175	20	6	bank	bank	PROPN
emaj-175	20	7	and	and	CCONJ
emaj-175	20	8	some	some	DET
emaj-175	20	9	other	other	ADJ
emaj-175	20	10	international	international	ADJ
emaj-175	20	11	development	development	NOUN
emaj-175	20	12	agencies	agency	NOUN
emaj-175	20	13	have	have	AUX
emaj-175	20	14	proposed	propose	VERB
emaj-175	20	15	fdi	fdi	NOUN
emaj-175	20	16	as	as	ADP
emaj-175	20	17	one	one	NUM
emaj-175	20	18	of	of	ADP
emaj-175	20	19	the	the	DET
emaj-175	20	20	most	most	ADV
emaj-175	20	21	effective	effective	ADJ
emaj-175	20	22	tools	tool	NOUN
emaj-175	20	23	in	in	ADP
emaj-175	20	24	fighting	fight	VERB
emaj-175	20	25	against	against	ADP
emaj-175	20	26	the	the	DET
emaj-175	20	27	global	global	ADJ
emaj-175	20	28	poverty	poverty	NOUN
emaj-175	20	29	by	by	ADP
emaj-175	20	30	increasing	increase	VERB
emaj-175	20	31	employment	employment	NOUN
emaj-175	20	32	,	,	PUNCT
emaj-175	20	33	technological	technological	ADJ
emaj-175	20	34	know	know	NOUN
emaj-175	20	35	-	-	PUNCT
emaj-175	20	36	how	how	SCONJ
emaj-175	20	37	and	and	CCONJ
emaj-175	20	38	competitiveness	competitiveness	NOUN
emaj-175	20	39	has	have	AUX
emaj-175	20	40	motivated	motivate	VERB
emaj-175	20	41	less	less	ADV
emaj-175	20	42	developed	developed	ADJ
emaj-175	20	43	and	and	CCONJ
emaj-175	20	44	developing	develop	VERB
emaj-175	20	45	countries	country	NOUN
emaj-175	20	46	to	to	PART
emaj-175	20	47	pursue	pursue	VERB
emaj-175	20	48	policies	policy	NOUN
emaj-175	20	49	to	to	PART
emaj-175	20	50	encourage	encourage	VERB
emaj-175	20	51	fdi	fdi	NOUN
emaj-175	20	52	inflows	inflow	NOUN
emaj-175	20	53	.	.	PUNCT
emaj-175	21	1	fdi	fdi	NOUN
emaj-175	21	2	is	be	AUX
emaj-175	21	3	also	also	ADV
emaj-175	21	4	seen	see	VERB
emaj-175	21	5	as	as	ADP
emaj-175	21	6	an	an	DET
emaj-175	21	7	important	important	ADJ
emaj-175	21	8	source	source	NOUN
emaj-175	21	9	of	of	ADP
emaj-175	21	10	poverty	poverty	NOUN
emaj-175	21	11	alleviation	alleviation	NOUN
emaj-175	21	12	for	for	ADP
emaj-175	21	13	african	african	ADJ
emaj-175	21	14	countries	country	NOUN
emaj-175	21	15	with	with	ADP
emaj-175	21	16	inadequate	inadequate	ADJ
emaj-175	21	17	financial	financial	ADJ
emaj-175	21	18	resources	resource	NOUN
emaj-175	21	19	,	,	PUNCT
emaj-175	21	20	technological	technological	ADJ
emaj-175	21	21	and	and	CCONJ
emaj-175	21	22	production	production	NOUN
emaj-175	21	23	infrastructure	infrastructure	NOUN
emaj-175	21	24	.	.	PUNCT
emaj-175	22	1	united	united	PROPN
emaj-175	22	2	nations	nations	PROPN
emaj-175	22	3	economic	economic	PROPN
emaj-175	22	4	commission	commission	PROPN
emaj-175	22	5	for	for	ADP
emaj-175	22	6	africa	africa	PROPN
emaj-175	22	7	(	(	PUNCT
emaj-175	22	8	uneca	uneca	NOUN
emaj-175	22	9	)	)	PUNCT
emaj-175	22	10	claims	claim	VERB
emaj-175	22	11	that	that	SCONJ
emaj-175	22	12	,	,	PUNCT
emaj-175	22	13	foreign	foreign	ADJ
emaj-175	22	14	investment	investment	NOUN
emaj-175	22	15	is	be	AUX
emaj-175	22	16	the	the	DET
emaj-175	22	17	main	main	ADJ
emaj-175	22	18	factor	factor	NOUN
emaj-175	22	19	in	in	ADP
emaj-175	22	20	coping	cope	VERB
emaj-175	22	21	with	with	ADP
emaj-175	22	22	the	the	DET
emaj-175	22	23	financial	financial	ADJ
emaj-175	22	24	issues	issue	NOUN
emaj-175	22	25	of	of	ADP
emaj-175	22	26	africa	africa	PROPN
emaj-175	22	27	in	in	ADP
emaj-175	22	28	their	their	PRON
emaj-175	22	29	african	african	ADJ
emaj-175	22	30	economic	economic	ADJ
emaj-175	22	31	report	report	NOUN
emaj-175	22	32	.	.	PUNCT
emaj-175	23	1	institutions	institution	NOUN
emaj-175	23	2	like	like	ADP
emaj-175	23	3	the	the	DET
emaj-175	23	4	imf	imf	PROPN
emaj-175	23	5	and	and	CCONJ
emaj-175	23	6	the	the	DET
emaj-175	23	7	world	world	PROPN
emaj-175	23	8	bank	bank	PROPN
emaj-175	23	9	have	have	AUX
emaj-175	23	10	asserted	assert	VERB
emaj-175	23	11	that	that	SCONJ
emaj-175	23	12	,	,	PUNCT
emaj-175	23	13	big	big	ADJ
emaj-175	23	14	inflows	inflow	NOUN
emaj-175	23	15	of	of	ADP
emaj-175	23	16	fdi	fdi	NOUN
emaj-175	23	17	would	would	AUX
emaj-175	23	18	lead	lead	VERB
emaj-175	23	19	to	to	ADP
emaj-175	23	20	economic	economic	ADJ
emaj-175	23	21	development	development	NOUN
emaj-175	23	22	and	and	CCONJ
emaj-175	23	23	that	that	SCONJ
emaj-175	23	24	sub	sub	ADJ
emaj-175	23	25	-	-	ADJ
emaj-175	23	26	saharan	saharan	ADJ
emaj-175	23	27	african	african	ADJ
emaj-175	23	28	governments	government	NOUN
emaj-175	23	29	are	be	AUX
emaj-175	23	30	very	very	ADV
emaj-175	23	31	keen	keen	ADJ
emaj-175	23	32	to	to	PART
emaj-175	23	33	attract	attract	VERB
emaj-175	23	34	fdi	fdi	NOUN
emaj-175	23	35	.	.	PUNCT
emaj-175	24	1	indeed	indeed	ADV
emaj-175	24	2	,	,	PUNCT
emaj-175	24	3	most	most	ADJ
emaj-175	24	4	african	african	ADJ
emaj-175	24	5	countries	country	NOUN
emaj-175	24	6	have	have	AUX
emaj-175	24	7	taken	take	VERB
emaj-175	24	8	significant	significant	ADJ
emaj-175	24	9	measures	measure	NOUN
emaj-175	24	10	to	to	PART
emaj-175	24	11	attract	attract	VERB
emaj-175	24	12	fdi	fdi	NOUN
emaj-175	24	13	.	.	PUNCT
emaj-175	25	1	first	first	ADV
emaj-175	25	2	,	,	PUNCT
emaj-175	25	3	countries	country	NOUN
emaj-175	25	4	in	in	ADP
emaj-175	25	5	the	the	DET
emaj-175	25	6	region	region	NOUN
emaj-175	25	7	have	have	AUX
emaj-175	25	8	implemented	implement	VERB
emaj-175	25	9	fdi	fdi	ADJ
emaj-175	25	10	-	-	PUNCT
emaj-175	25	11	specific	specific	ADJ
emaj-175	25	12	legislative	legislative	ADJ
emaj-175	25	13	frameworks	framework	NOUN
emaj-175	25	14	to	to	PART
emaj-175	25	15	promote	promote	VERB
emaj-175	25	16	their	their	PRON
emaj-175	25	17	investment	investment	NOUN
emaj-175	25	18	goals	goal	NOUN
emaj-175	25	19	.	.	PUNCT
emaj-175	26	1	these	these	DET
emaj-175	26	2	measures	measure	NOUN
emaj-175	26	3	included	include	VERB
emaj-175	26	4	the	the	DET
emaj-175	26	5	establishment	establishment	NOUN
emaj-175	26	6	of	of	ADP
emaj-175	26	7	investment	investment	NOUN
emaj-175	26	8	incentive	incentive	NOUN
emaj-175	26	9	agencies	agency	NOUN
emaj-175	26	10	and	and	CCONJ
emaj-175	26	11	facilities	facility	NOUN
emaj-175	26	12	and	and	CCONJ
emaj-175	26	13	the	the	DET
emaj-175	26	14	creation	creation	NOUN
emaj-175	26	15	of	of	ADP
emaj-175	26	16	specific	specific	ADJ
emaj-175	26	17	plans	plan	NOUN
emaj-175	26	18	to	to	PART
emaj-175	26	19	attract	attract	VERB
emaj-175	26	20	investments	investment	NOUN
emaj-175	26	21	such	such	ADJ
emaj-175	26	22	as	as	ADP
emaj-175	26	23	export	export	NOUN
emaj-175	26	24	processing	processing	NOUN
emaj-175	26	25	zones	zone	NOUN
emaj-175	26	26	(	(	PUNCT
emaj-175	26	27	epzs	epzs	ADJ
emaj-175	26	28	)	)	PUNCT
emaj-175	26	29	and	and	CCONJ
emaj-175	26	30	special	special	ADJ
emaj-175	26	31	economic	economic	ADJ
emaj-175	26	32	zones	zone	NOUN
emaj-175	26	33	(	(	PUNCT
emaj-175	26	34	sezs	sezs	NOUN
emaj-175	26	35	)	)	PUNCT
emaj-175	26	36	.	.	PUNCT
emaj-175	27	1	by	by	ADP
emaj-175	27	2	2019	2019	NUM
emaj-175	27	3	,	,	PUNCT
emaj-175	27	4	total	total	ADJ
emaj-175	27	5	number	number	NOUN
emaj-175	27	6	of	of	ADP
emaj-175	27	7	sezs	sezs	NOUN
emaj-175	27	8	reached	reach	VERB
emaj-175	27	9	to	to	ADP
emaj-175	27	10	237	237	NUM
emaj-175	27	11	established	establish	VERB
emaj-175	27	12	by	by	ADP
emaj-175	27	13	32	32	NUM
emaj-175	27	14	countries	country	NOUN
emaj-175	27	15	(	(	PUNCT
emaj-175	27	16	unctad	unctad	PROPN
emaj-175	27	17	,	,	PUNCT
emaj-175	27	18	2019	2019	NUM
emaj-175	27	19	)	)	PUNCT
emaj-175	27	20	.	.	PUNCT
emaj-175	28	1	in	in	ADP
emaj-175	28	2	addition	addition	NOUN
emaj-175	28	3	,	,	PUNCT
emaj-175	28	4	initiatives	initiative	NOUN
emaj-175	28	5	have	have	AUX
emaj-175	28	6	been	be	AUX
emaj-175	28	7	taken	take	VERB
emaj-175	28	8	at	at	ADP
emaj-175	28	9	the	the	DET
emaj-175	28	10	global	global	ADJ
emaj-175	28	11	level	level	NOUN
emaj-175	28	12	by	by	ADP
emaj-175	28	13	signing	sign	VERB
emaj-175	28	14	the	the	DET
emaj-175	28	15	bilateral	bilateral	ADJ
emaj-175	28	16	investment	investment	NOUN
emaj-175	28	17	treaties	treaty	NOUN
emaj-175	28	18	(	(	PUNCT
emaj-175	28	19	bits	bit	NOUN
emaj-175	28	20	)	)	PUNCT
emaj-175	28	21	and	and	CCONJ
emaj-175	28	22	double	double	ADJ
emaj-175	28	23	taxation	taxation	NOUN
emaj-175	28	24	treaties	treaty	NOUN
emaj-175	28	25	(	(	PUNCT
emaj-175	28	26	dtts	dtt	NOUN
emaj-175	28	27	)	)	PUNCT
emaj-175	28	28	.	.	PUNCT
emaj-175	29	1	the	the	DET
emaj-175	29	2	number	number	NOUN
emaj-175	29	3	of	of	ADP
emaj-175	29	4	bits	bit	NOUN
emaj-175	29	5	signed	sign	VERB
emaj-175	29	6	in	in	ADP
emaj-175	29	7	africa	africa	PROPN
emaj-175	29	8	reached	reach	VERB
emaj-175	29	9	to	to	ADP
emaj-175	29	10	almost	almost	ADV
emaj-175	29	11	1000	1000	NUM
emaj-175	29	12	and	and	CCONJ
emaj-175	29	13	dtts	dtt	NOUN
emaj-175	29	14	went	go	VERB
emaj-175	29	15	over	over	ADP
emaj-175	29	16	500	500	NUM
emaj-175	29	17	in	in	ADP
emaj-175	29	18	2012	2012	NUM
emaj-175	29	19	(	(	PUNCT
emaj-175	29	20	uneca	uneca	NOUN
emaj-175	29	21	,	,	PUNCT
emaj-175	29	22	2016	2016	NUM
emaj-175	29	23	)	)	PUNCT
emaj-175	29	24	.	.	PUNCT
emaj-175	30	1	however	however	ADV
emaj-175	30	2	,	,	PUNCT
emaj-175	30	3	despite	despite	SCONJ
emaj-175	30	4	all	all	DET
emaj-175	30	5	the	the	DET
emaj-175	30	6	efforts	effort	NOUN
emaj-175	30	7	and	and	CCONJ
emaj-175	30	8	new	new	ADJ
emaj-175	30	9	regulations	regulation	NOUN
emaj-175	30	10	implemented	implement	VERB
emaj-175	30	11	,	,	PUNCT
emaj-175	30	12	fdi	fdi	NOUN
emaj-175	30	13	inflows	inflow	NOUN
emaj-175	30	14	have	have	AUX
emaj-175	30	15	not	not	PART
emaj-175	30	16	reached	reach	VERB
emaj-175	30	17	to	to	ADP
emaj-175	30	18	desired	desire	VERB
emaj-175	30	19	levels	level	NOUN
emaj-175	30	20	in	in	ADP
emaj-175	30	21	sub	sub	ADJ
emaj-175	30	22	-	-	ADJ
emaj-175	30	23	saharan	saharan	ADJ
emaj-175	30	24	african	african	ADJ
emaj-175	30	25	countries	country	NOUN
emaj-175	30	26	.	.	PUNCT
emaj-175	31	1	fdi	fdi	NOUN
emaj-175	31	2	inflows	inflow	NOUN
emaj-175	31	3	to	to	ADP
emaj-175	31	4	developing	develop	VERB
emaj-175	31	5	countries	country	NOUN
emaj-175	31	6	showed	show	VERB
emaj-175	31	7	a	a	DET
emaj-175	31	8	substantial	substantial	ADJ
emaj-175	31	9	increase	increase	NOUN
emaj-175	31	10	since	since	SCONJ
emaj-175	31	11	the	the	DET
emaj-175	31	12	beginning	beginning	NOUN
emaj-175	31	13	of	of	ADP
emaj-175	31	14	the	the	DET
emaj-175	31	15	21th	21th	ADJ
emaj-175	31	16	century	century	NOUN
emaj-175	31	17	,	,	PUNCT
emaj-175	31	18	reaching	reach	VERB
emaj-175	31	19	$	$	SYM
emaj-175	31	20	706	706	NUM
emaj-175	31	21	billion	billion	NUM
emaj-175	31	22	(	(	PUNCT
emaj-175	31	23	54	54	NUM
emaj-175	31	24	%	%	NOUN
emaj-175	31	25	of	of	ADP
emaj-175	31	26	total	total	ADJ
emaj-175	31	27	investment	investment	NOUN
emaj-175	31	28	)	)	PUNCT
emaj-175	31	29	in	in	ADP
emaj-175	31	30	2018	2018	NUM
emaj-175	31	31	,	,	PUNCT
emaj-175	31	32	which	which	PRON
emaj-175	31	33	was	be	AUX
emaj-175	31	34	$	$	SYM
emaj-175	31	35	24	24	NUM
emaj-175	31	36	billion	billion	NUM
emaj-175	31	37	in	in	ADP
emaj-175	31	38	1990	1990	NUM
emaj-175	31	39	(	(	PUNCT
emaj-175	31	40	24	24	NUM
emaj-175	31	41	%	%	NOUN
emaj-175	31	42	of	of	ADP
emaj-175	31	43	total	total	ADJ
emaj-175	31	44	investments	investment	NOUN
emaj-175	31	45	)	)	PUNCT
emaj-175	31	46	(	(	PUNCT
emaj-175	31	47	unctad	unctad	PROPN
emaj-175	31	48	,	,	PUNCT
emaj-175	31	49	2019	2019	NUM
emaj-175	31	50	)	)	PUNCT
emaj-175	31	51	.	.	PUNCT
emaj-175	32	1	this	this	PRON
emaj-175	32	2	has	have	AUX
emaj-175	32	3	been	be	AUX
emaj-175	32	4	a	a	DET
emaj-175	32	5	good	good	ADJ
emaj-175	32	6	development	development	NOUN
emaj-175	32	7	,	,	PUNCT
emaj-175	32	8	especially	especially	ADV
emaj-175	32	9	for	for	ADP
emaj-175	32	10	poor	poor	ADJ
emaj-175	32	11	and	and	CCONJ
emaj-175	32	12	underdeveloped	underdeveloped	ADJ
emaj-175	32	13	countries	country	NOUN
emaj-175	32	14	with	with	ADP
emaj-175	32	15	no	no	DET
emaj-175	32	16	access	access	NOUN
emaj-175	32	17	to	to	ADP
emaj-175	32	18	international	international	ADJ
emaj-175	32	19	capital	capital	NOUN
emaj-175	32	20	markets	market	NOUN
emaj-175	32	21	.	.	PUNCT
emaj-175	33	1	africa	africa	PROPN
emaj-175	33	2	,	,	PUNCT
emaj-175	33	3	however	however	ADV
emaj-175	33	4	,	,	PUNCT
emaj-175	33	5	the	the	DET
emaj-175	33	6	poorest	poor	ADJ
emaj-175	33	7	region	region	NOUN
emaj-175	33	8	in	in	ADP
emaj-175	33	9	the	the	DET
emaj-175	33	10	world	world	NOUN
emaj-175	33	11	,	,	PUNCT
emaj-175	33	12	has	have	AUX
emaj-175	33	13	not	not	PART
emaj-175	33	14	benefited	benefit	VERB
emaj-175	33	15	from	from	ADP
emaj-175	33	16	this	this	DET
emaj-175	33	17	increase	increase	NOUN
emaj-175	33	18	in	in	ADP
emaj-175	33	19	fdi	fdi	NOUN
emaj-175	33	20	inflows	inflow	NOUN
emaj-175	33	21	.	.	PUNCT
emaj-175	34	1	for	for	ADP
emaj-175	34	2	example	example	NOUN
emaj-175	34	3	,	,	PUNCT
emaj-175	34	4	in	in	ADP
emaj-175	34	5	1980	1980	NUM
emaj-175	34	6	-	-	SYM
emaj-175	34	7	1989	1989	NUM
emaj-175	34	8	and	and	CCONJ
emaj-175	34	9	1990	1990	NUM
emaj-175	34	10	-	-	SYM
emaj-175	34	11	1998	1998	NUM
emaj-175	34	12	,	,	PUNCT
emaj-175	34	13	investments	investment	NOUN
emaj-175	34	14	in	in	ADP
emaj-175	34	15	sub	sub	ADJ
emaj-175	34	16	-	-	ADJ
emaj-175	34	17	saharan	saharan	ADJ
emaj-175	34	18	africa	africa	PROPN
emaj-175	34	19	increased	increase	VERB
emaj-175	34	20	by	by	ADP
emaj-175	34	21	only	only	ADV
emaj-175	34	22	59	59	NUM
emaj-175	34	23	%	%	NOUN
emaj-175	34	24	.	.	PUNCT
emaj-175	35	1	considering	consider	VERB
emaj-175	35	2	that	that	SCONJ
emaj-175	35	3	fdi	fdi	NOUN
emaj-175	35	4	inflows	inflow	NOUN
emaj-175	35	5	to	to	ADP
emaj-175	35	6	developing	develop	VERB
emaj-175	35	7	countries	country	NOUN
emaj-175	35	8	increased	increase	VERB
emaj-175	35	9	by	by	ADP
emaj-175	35	10	672	672	NUM
emaj-175	35	11	%	%	NOUN
emaj-175	35	12	in	in	ADP
emaj-175	35	13	the	the	DET
emaj-175	35	14	same	same	ADJ
emaj-175	35	15	period	period	NOUN
emaj-175	35	16	,	,	PUNCT
emaj-175	35	17	the	the	DET
emaj-175	35	18	increase	increase	NOUN
emaj-175	35	19	in	in	ADP
emaj-175	35	20	sub	sub	ADJ
emaj-175	35	21	-	-	ADJ
emaj-175	35	22	saharan	saharan	ADJ
emaj-175	35	23	africa	africa	PROPN
emaj-175	35	24	is	be	AUX
emaj-175	35	25	quite	quite	ADV
emaj-175	35	26	low	low	ADJ
emaj-175	35	27	(	(	PUNCT
emaj-175	35	28	asiedu	asiedu	PROPN
emaj-175	35	29	,	,	PUNCT
emaj-175	35	30	2002	2002	NUM
emaj-175	35	31	)	)	PUNCT
emaj-175	35	32	.	.	PUNCT
emaj-175	36	1	due	due	ADP
emaj-175	36	2	to	to	ADP
emaj-175	36	3	the	the	DET
emaj-175	36	4	unstable	unstable	ADJ
emaj-175	36	5	structure	structure	NOUN
emaj-175	36	6	of	of	ADP
emaj-175	36	7	foreign	foreign	ADJ
emaj-175	36	8	aid	aid	NOUN
emaj-175	36	9	and	and	CCONJ
emaj-175	36	10	the	the	DET
emaj-175	36	11	volatility	volatility	NOUN
emaj-175	36	12	of	of	ADP
emaj-175	36	13	portfolio	portfolio	NOUN
emaj-175	36	14	flows	flow	NOUN
emaj-175	36	15	,	,	PUNCT
emaj-175	36	16	attracting	attract	VERB
emaj-175	36	17	various	various	ADJ
emaj-175	36	18	types	type	NOUN
emaj-175	36	19	of	of	ADP
emaj-175	36	20	fdi	fdi	NOUN
emaj-175	36	21	in	in	ADP
emaj-175	36	22	the	the	DET
emaj-175	36	23	region	region	NOUN
emaj-175	36	24	is	be	AUX
emaj-175	36	25	essential	essential	ADJ
emaj-175	36	26	.	.	PUNCT
emaj-175	37	1	given	give	VERB
emaj-175	37	2	that	that	SCONJ
emaj-175	37	3	fdi	fdi	NOUN
emaj-175	37	4	will	will	AUX
emaj-175	37	5	accelerate	accelerate	VERB
emaj-175	37	6	growth	growth	NOUN
emaj-175	37	7	and	and	CCONJ
emaj-175	37	8	development	development	NOUN
emaj-175	37	9	by	by	ADP
emaj-175	37	10	enhancing	enhance	VERB
emaj-175	37	11	employment	employment	NOUN
emaj-175	37	12	,	,	PUNCT
emaj-175	37	13	managerial	managerial	ADJ
emaj-175	37	14	skills	skill	NOUN
emaj-175	37	15	and	and	CCONJ
emaj-175	37	16	technology	technology	NOUN
emaj-175	37	17	,	,	PUNCT
emaj-175	37	18	it	it	PRON
emaj-175	37	19	is	be	AUX
emaj-175	37	20	worrying	worry	VERB
emaj-175	37	21	that	that	SCONJ
emaj-175	37	22	the	the	DET
emaj-175	37	23	region	region	NOUN
emaj-175	37	24	,	,	PUNCT
emaj-175	37	25	which	which	PRON
emaj-175	37	26	does	do	AUX
emaj-175	37	27	not	not	PART
emaj-175	37	28	have	have	VERB
emaj-175	37	29	the	the	DET
emaj-175	37	30	financial	financial	ADJ
emaj-175	37	31	resources	resource	NOUN
emaj-175	37	32	required	require	VERB
emaj-175	37	33	for	for	ADP
emaj-175	37	34	investments	investment	NOUN
emaj-175	37	35	,	,	PUNCT
emaj-175	37	36	can	can	AUX
emaj-175	37	37	not	not	PART
emaj-175	37	38	attract	attract	VERB
emaj-175	37	39	enough	enough	ADJ
emaj-175	37	40	foreign	foreign	ADJ
emaj-175	37	41	investment	investment	NOUN
emaj-175	37	42	.	.	PUNCT
emaj-175	38	1	fdi	fdi	NOUN
emaj-175	38	2	is	be	AUX
emaj-175	38	3	critical	critical	ADJ
emaj-175	38	4	in	in	ADP
emaj-175	38	5	this	this	DET
emaj-175	38	6	region	region	NOUN
emaj-175	38	7	,	,	PUNCT
emaj-175	38	8	where	where	SCONJ
emaj-175	38	9	domestic	domestic	ADJ
emaj-175	38	10	savings	saving	NOUN
emaj-175	38	11	and	and	CCONJ
emaj-175	38	12	incomes	income	NOUN
emaj-175	38	13	are	be	AUX
emaj-175	38	14	quite	quite	ADV
emaj-175	38	15	low	low	ADJ
emaj-175	38	16	,	,	PUNCT
emaj-175	38	17	due	due	ADP
emaj-175	38	18	to	to	ADP
emaj-175	38	19	the	the	DET
emaj-175	38	20	generally	generally	ADV
emaj-175	38	21	high	high	ADJ
emaj-175	38	22	levels	level	NOUN
emaj-175	38	23	of	of	ADP
emaj-175	38	24	poverty	poverty	NOUN
emaj-175	38	25	,	,	PUNCT
emaj-175	38	26	to	to	PART
emaj-175	38	27	catch	catch	VERB
emaj-175	38	28	the	the	DET
emaj-175	38	29	other	other	ADJ
emaj-175	38	30	developing	develop	VERB
emaj-175	38	31	countries	country	NOUN
emaj-175	38	32	'	'	PART
emaj-175	38	33	economic	economic	ADJ
emaj-175	38	34	growth	growth	NOUN
emaj-175	38	35	and	and	CCONJ
emaj-175	38	36	development	development	NOUN
emaj-175	38	37	.	.	PUNCT
emaj-175	39	1	as	as	SCONJ
emaj-175	39	2	mentioned	mention	VERB
emaj-175	39	3	in	in	ADP
emaj-175	39	4	the	the	DET
emaj-175	39	5	united	united	PROPN
emaj-175	39	6	nations	nations	PROPN
emaj-175	39	7	millennium	millennium	PROPN
emaj-175	39	8	declaration	declaration	PROPN
emaj-175	39	9	,	,	PUNCT
emaj-175	39	10	a	a	DET
emaj-175	39	11	significant	significant	ADJ
emaj-175	39	12	improvement	improvement	NOUN
emaj-175	39	13	in	in	ADP
emaj-175	39	14	fdi	fdi	NOUN
emaj-175	39	15	levels	level	NOUN
emaj-175	39	16	would	would	AUX
emaj-175	39	17	help	help	VERB
emaj-175	39	18	the	the	DET
emaj-175	39	19	region	region	NOUN
emaj-175	39	20	halve	halve	VERB
emaj-175	39	21	the	the	DET
emaj-175	39	22	millennium	millennium	NOUN
emaj-175	39	23	development	development	NOUN
emaj-175	39	24	goal	goal	NOUN
emaj-175	39	25	(	(	PUNCT
emaj-175	39	26	millennium	millennium	NOUN
emaj-175	39	27	development	development	NOUN
emaj-175	39	28	goals	goal	NOUN
emaj-175	39	29	)	)	PUNCT
emaj-175	39	30	in	in	ADP
emaj-175	39	31	2015	2015	NUM
emaj-175	39	32	to	to	PART
emaj-175	39	33	reduce	reduce	VERB
emaj-175	39	34	poverty	poverty	NOUN
emaj-175	39	35	rates	rate	NOUN
emaj-175	39	36	.	.	PUNCT
emaj-175	40	1	based	base	VERB
emaj-175	40	2	on	on	ADP
emaj-175	40	3	africa	africa	PROPN
emaj-175	40	4	's	's	PART
emaj-175	40	5	development	development	NOUN
emaj-175	40	6	(	(	PUNCT
emaj-175	40	7	nepad	nepad	ADJ
emaj-175	40	8	)	)	PUNCT
emaj-175	40	9	statement	statement	NOUN
emaj-175	40	10	,	,	PUNCT
emaj-175	40	11	the	the	DET
emaj-175	40	12	region	region	NOUN
emaj-175	40	13	must	must	AUX
emaj-175	40	14	fill	fill	VERB
emaj-175	40	15	an	an	DET
emaj-175	40	16	annual	annual	ADJ
emaj-175	40	17	resource	resource	NOUN
emaj-175	40	18	gap	gap	NOUN
emaj-175	40	19	of	of	ADP
emaj-175	40	20	$	$	SYM
emaj-175	40	21	64	64	NUM
emaj-175	40	22	billion	billion	NUM
emaj-175	40	23	,	,	PUNCT
emaj-175	40	24	for	for	SCONJ
emaj-175	40	25	the	the	DET
emaj-175	40	26	continent	continent	NOUN
emaj-175	40	27	to	to	PART
emaj-175	40	28	meet	meet	VERB
emaj-175	40	29	the	the	DET
emaj-175	40	30	millennium	millennium	NOUN
emaj-175	40	31	development	development	NOUN
emaj-175	40	32	goals	goal	NOUN
emaj-175	40	33	.	.	PUNCT
emaj-175	41	1	due	due	ADP
emaj-175	41	2	to	to	ADP
emaj-175	41	3	low	low	ADJ
emaj-175	41	4	income	income	NOUN
emaj-175	41	5	levels	level	NOUN
emaj-175	41	6	and	and	CCONJ
emaj-175	41	7	domestic	domestic	ADJ
emaj-175	41	8	savings	saving	NOUN
emaj-175	41	9	in	in	ADP
emaj-175	41	10	the	the	DET
emaj-175	41	11	region	region	NOUN
emaj-175	41	12	,	,	PUNCT
emaj-175	41	13	most	most	ADJ
emaj-175	41	14	of	of	ADP
emaj-175	41	15	the	the	DET
emaj-175	41	16	finance	finance	NOUN
emaj-175	41	17	will	will	AUX
emaj-175	41	18	have	have	VERB
emaj-175	41	19	to	to	PART
emaj-175	41	20	come	come	VERB
emaj-175	41	21	from	from	ADP
emaj-175	41	22	abroad	abroad	ADV
emaj-175	41	23	.	.	PUNCT
emaj-175	42	1	however	however	ADV
emaj-175	42	2	,	,	PUNCT
emaj-175	42	3	official	official	ADJ
emaj-175	42	4	assistance	assistance	NOUN
emaj-175	42	5	to	to	ADP
emaj-175	42	6	the	the	DET
emaj-175	42	7	region	region	NOUN
emaj-175	42	8	is	be	AUX
emaj-175	42	9	diminishing	diminish	VERB
emaj-175	42	10	.	.	PUNCT
emaj-175	43	1	moreover	moreover	ADV
emaj-175	43	2	,	,	PUNCT
emaj-175	43	3	most	most	ADJ
emaj-175	43	4	of	of	ADP
emaj-175	43	5	the	the	DET
emaj-175	43	6	countries	country	NOUN
emaj-175	43	7	in	in	ADP
emaj-175	43	8	africa	africa	PROPN
emaj-175	43	9	have	have	VERB
emaj-175	43	10	no	no	DET
emaj-175	43	11	access	access	NOUN
emaj-175	43	12	to	to	ADP
emaj-175	43	13	global	global	ADJ
emaj-175	43	14	financial	financial	ADJ
emaj-175	43	15	funds	fund	NOUN
emaj-175	43	16	which	which	PRON
emaj-175	43	17	leaves	leave	VERB
emaj-175	43	18	the	the	DET
emaj-175	43	19	fdi	fdi	NOUN
emaj-175	43	20	as	as	ADP
emaj-175	43	21	the	the	DET
emaj-175	43	22	best	good	ADJ
emaj-175	43	23	alternative	alternative	ADJ
emaj-175	43	24	resource	resource	NOUN
emaj-175	43	25	to	to	PART
emaj-175	43	26	overcome	overcome	VERB
emaj-175	43	27	the	the	DET
emaj-175	43	28	poverty	poverty	NOUN
emaj-175	43	29	in	in	ADP
emaj-175	43	30	the	the	DET
emaj-175	43	31	region	region	NOUN
emaj-175	43	32	.	.	PUNCT
emaj-175	44	1	the	the	DET
emaj-175	44	2	annual	annual	ADJ
emaj-175	44	3	fdi	fdi	NOUN
emaj-175	44	4	flow	flow	NOUN
emaj-175	44	5	was	be	AUX
emaj-175	44	6	an	an	DET
emaj-175	44	7	average	average	NOUN
emaj-175	44	8	of	of	ADP
emaj-175	44	9	$	$	SYM
emaj-175	44	10	7	7	NUM
emaj-175	44	11	billion	billion	NUM
emaj-175	44	12	between	between	ADP
emaj-175	44	13	1995	1995	NUM
emaj-175	44	14	and	and	CCONJ
emaj-175	44	15	2001	2001	NUM
emaj-175	44	16	.	.	PUNCT
emaj-175	45	1	therefore	therefore	ADV
emaj-175	45	2	,	,	PUNCT
emaj-175	45	3	filling	fill	VERB
emaj-175	45	4	the	the	DET
emaj-175	45	5	annual	annual	ADJ
emaj-175	45	6	resource	resource	NOUN
emaj-175	45	7	gap	gap	NOUN
emaj-175	45	8	of	of	ADP
emaj-175	45	9	$	$	SYM
emaj-175	45	10	64	64	NUM
emaj-175	45	11	billion	billion	NUM
emaj-175	45	12	needed	need	VERB
emaj-175	45	13	for	for	ADP
emaj-175	45	14	poverty	poverty	NOUN
emaj-175	45	15	reduction	reduction	NOUN
emaj-175	45	16	will	will	AUX
emaj-175	45	17	require	require	VERB
emaj-175	45	18	a	a	DET
emaj-175	45	19	significant	significant	ADJ
emaj-175	45	20	increase	increase	NOUN
emaj-175	45	21	in	in	ADP
emaj-175	45	22	fdi	fdi	PROPN
emaj-175	45	23	(	(	PUNCT
emaj-175	45	24	asiedu	asiedu	PROPN
emaj-175	45	25	,	,	PUNCT
emaj-175	45	26	2006	2006	NUM
emaj-175	45	27	)	)	PUNCT
emaj-175	45	28	the	the	DET
emaj-175	45	29	sub	sub	ADJ
emaj-175	45	30	-	-	ADJ
emaj-175	45	31	saharan	saharan	ADJ
emaj-175	45	32	africa	africa	PROPN
emaj-175	45	33	area	area	PROPN
emaj-175	45	34	,	,	PUNCT
emaj-175	45	35	which	which	PRON
emaj-175	45	36	is	be	AUX
emaj-175	45	37	the	the	DET
emaj-175	45	38	subject	subject	NOUN
emaj-175	45	39	of	of	ADP
emaj-175	45	40	this	this	DET
emaj-175	45	41	study	study	NOUN
emaj-175	45	42	,	,	PUNCT
emaj-175	45	43	is	be	AUX
emaj-175	45	44	made	make	VERB
emaj-175	45	45	up	up	ADP
emaj-175	45	46	of	of	ADP
emaj-175	45	47	48	48	NUM
emaj-175	45	48	countries	country	NOUN
emaj-175	45	49	,	,	PUNCT
emaj-175	45	50	most	most	ADJ
emaj-175	45	51	of	of	ADP
emaj-175	45	52	them	they	PRON
emaj-175	45	53	in	in	ADP
emaj-175	45	54	the	the	DET
emaj-175	45	55	list	list	NOUN
emaj-175	45	56	of	of	ADP
emaj-175	45	57	least	least	ADJ
emaj-175	45	58	developed	develop	VERB
emaj-175	45	59	nations	nation	NOUN
emaj-175	45	60	with	with	ADP
emaj-175	45	61	trouble	trouble	NOUN
emaj-175	45	62	attracting	attract	VERB
emaj-175	45	63	foreign	foreign	ADJ
emaj-175	45	64	investment	investment	NOUN
emaj-175	45	65	due	due	ADP
emaj-175	45	66	to	to	ADP
emaj-175	45	67	investors	investor	NOUN
emaj-175	45	68	'	'	PART
emaj-175	45	69	perception	perception	NOUN
emaj-175	45	70	of	of	ADP
emaj-175	45	71	the	the	DET
emaj-175	45	72	risky	risky	ADJ
emaj-175	45	73	region	region	NOUN
emaj-175	45	74	because	because	SCONJ
emaj-175	45	75	of	of	ADP
emaj-175	45	76	the	the	DET
emaj-175	45	77	bad	bad	ADJ
emaj-175	45	78	business	business	NOUN
emaj-175	45	79	environment	environment	NOUN
emaj-175	45	80	.	.	PUNCT
emaj-175	46	1	even	even	ADV
emaj-175	46	2	though	though	SCONJ
emaj-175	46	3	the	the	DET
emaj-175	46	4	region	region	NOUN
emaj-175	46	5	has	have	VERB
emaj-175	46	6	a	a	DET
emaj-175	46	7	rich	rich	ADJ
emaj-175	46	8	variety	variety	NOUN
emaj-175	46	9	of	of	ADP
emaj-175	46	10	natural	natural	ADJ
emaj-175	46	11	resources	resource	NOUN
emaj-175	46	12	and	and	CCONJ
emaj-175	46	13	a	a	DET
emaj-175	46	14	big	big	ADJ
emaj-175	46	15	population	population	NOUN
emaj-175	46	16	;	;	PUNCT
emaj-175	46	17	corruption	corruption	NOUN
emaj-175	46	18	,	,	PUNCT
emaj-175	46	19	very	very	ADV
emaj-175	46	20	low	low	ADJ
emaj-175	46	21	level	level	NOUN
emaj-175	46	22	of	of	ADP
emaj-175	46	23	employment	employment	NOUN
emaj-175	46	24	,	,	PUNCT
emaj-175	46	25	political	political	ADJ
emaj-175	46	26	conflicts	conflict	NOUN
emaj-175	46	27	and	and	CCONJ
emaj-175	46	28	poor	poor	ADJ
emaj-175	46	29	infrastructure	infrastructure	NOUN
emaj-175	46	30	impede	impede	VERB
emaj-175	46	31	these	these	DET
emaj-175	46	32	countries	country	NOUN
emaj-175	46	33	to	to	PART
emaj-175	46	34	fully	fully	ADV
emaj-175	46	35	realize	realize	VERB
emaj-175	46	36	their	their	PRON
emaj-175	46	37	potential	potential	NOUN
emaj-175	46	38	.	.	PUNCT
emaj-175	47	1	both	both	PRON
emaj-175	47	2	academic	academic	ADJ
emaj-175	47	3	studies	study	NOUN
emaj-175	47	4	and	and	CCONJ
emaj-175	47	5	unctad	unctad	NOUN
emaj-175	47	6	reports	report	NOUN
emaj-175	47	7	have	have	AUX
emaj-175	47	8	shown	show	VERB
emaj-175	47	9	that	that	SCONJ
emaj-175	47	10	in	in	ADP
emaj-175	47	11	order	order	NOUN
emaj-175	47	12	to	to	PART
emaj-175	47	13	attain	attain	VERB
emaj-175	47	14	sustainable	sustainable	ADJ
emaj-175	47	15	growth	growth	NOUN
emaj-175	47	16	and	and	CCONJ
emaj-175	47	17	volume	volume	NOUN
emaj-175	47	18	9	9	NUM
emaj-175	47	19	no	no	DET
emaj-175	47	20	1	1	NUM
emaj-175	47	21	(	(	PUNCT
emaj-175	47	22	2019	2019	NUM
emaj-175	47	23	)	)	PUNCT
emaj-175	47	24	|	|	ADV
emaj-175	47	25	issn	issn	VERB
emaj-175	47	26	2158	2158	NUM
emaj-175	47	27	-	-	SYM
emaj-175	47	28	8708	8708	NUM
emaj-175	47	29	(	(	PUNCT
emaj-175	47	30	online	online	NOUN
emaj-175	47	31	)	)	PUNCT
emaj-175	47	32	|	|	ADV
emaj-175	47	33	doi	doi	X
emaj-175	47	34	10.5195	10.5195	NUM
emaj-175	47	35	/	/	SYM
emaj-175	47	36	emaj.2019.175	emaj.2019.175	NOUN
emaj-175	48	1	|	|	NOUN
emaj-175	48	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-175	48	3	semra	semra	PROPN
emaj-175	48	4	boğa	boğa	ADJ
emaj-175	48	5	emerging	emerge	VERB
emaj-175	48	6	markets	market	NOUN
emaj-175	48	7	journal	journal	NOUN
emaj-175	48	8	|	|	ADV
emaj-175	48	9	p	p	NOUN
emaj-175	48	10	a	a	DET
emaj-175	48	11	g	g	NOUN
emaj-175	48	12	e	e	NOUN
emaj-175	48	13	8	8	NUM
emaj-175	48	14	1	1	NUM
emaj-175	48	15	decrease	decrease	NOUN
emaj-175	48	16	poverty	poverty	NOUN
emaj-175	48	17	,	,	PUNCT
emaj-175	48	18	national	national	ADJ
emaj-175	48	19	and	and	CCONJ
emaj-175	48	20	foreign	foreign	ADJ
emaj-175	48	21	investments	investment	NOUN
emaj-175	48	22	must	must	AUX
emaj-175	48	23	be	be	AUX
emaj-175	48	24	encouraged	encourage	VERB
emaj-175	48	25	in	in	ADP
emaj-175	48	26	the	the	DET
emaj-175	48	27	region	region	NOUN
emaj-175	48	28	.	.	PUNCT
emaj-175	49	1	after	after	ADP
emaj-175	49	2	two	two	NUM
emaj-175	49	3	consecutive	consecutive	ADJ
emaj-175	49	4	years	year	NOUN
emaj-175	49	5	of	of	ADP
emaj-175	49	6	decline	decline	NOUN
emaj-175	49	7	,	,	PUNCT
emaj-175	49	8	fdi	fdi	NOUN
emaj-175	49	9	inflows	inflow	NOUN
emaj-175	49	10	to	to	AUX
emaj-175	49	11	sub	sub	ADJ
emaj-175	49	12	-	-	ADJ
emaj-175	49	13	saharan	saharan	ADJ
emaj-175	49	14	africa	africa	PROPN
emaj-175	49	15	increased	increase	VERB
emaj-175	49	16	by	by	ADP
emaj-175	49	17	13	13	NUM
emaj-175	49	18	%	%	NOUN
emaj-175	49	19	in	in	ADP
emaj-175	49	20	2018	2018	NUM
emaj-175	49	21	and	and	CCONJ
emaj-175	49	22	rose	rise	VERB
emaj-175	49	23	to	to	ADP
emaj-175	49	24	$	$	SYM
emaj-175	49	25	32	32	NUM
emaj-175	49	26	billion	billion	NUM
emaj-175	49	27	.	.	PUNCT
emaj-175	50	1	the	the	DET
emaj-175	50	2	main	main	ADJ
emaj-175	50	3	reasons	reason	NOUN
emaj-175	50	4	behind	behind	ADP
emaj-175	50	5	this	this	DET
emaj-175	50	6	increase	increase	NOUN
emaj-175	50	7	in	in	ADP
emaj-175	50	8	fdi	fdi	NOUN
emaj-175	50	9	were	be	AUX
emaj-175	50	10	the	the	DET
emaj-175	50	11	recovery	recovery	NOUN
emaj-175	50	12	in	in	ADP
emaj-175	50	13	the	the	DET
emaj-175	50	14	resource	resource	NOUN
emaj-175	50	15	-	-	PUNCT
emaj-175	50	16	seeking	seek	VERB
emaj-175	50	17	investment	investment	NOUN
emaj-175	50	18	,	,	PUNCT
emaj-175	50	19	and	and	CCONJ
emaj-175	50	20	the	the	DET
emaj-175	50	21	increase	increase	NOUN
emaj-175	50	22	in	in	ADP
emaj-175	50	23	investments	investment	NOUN
emaj-175	50	24	in	in	ADP
emaj-175	50	25	south	south	PROPN
emaj-175	50	26	africa	africa	PROPN
emaj-175	50	27	,	,	PUNCT
emaj-175	50	28	the	the	DET
emaj-175	50	29	continent	continent	NOUN
emaj-175	50	30	's	's	PART
emaj-175	50	31	second	second	ADV
emaj-175	50	32	largest	large	ADJ
emaj-175	50	33	economy	economy	NOUN
emaj-175	50	34	.	.	PUNCT
emaj-175	51	1	these	these	DET
emaj-175	51	2	two	two	NUM
emaj-175	51	3	developments	development	NOUN
emaj-175	51	4	compensated	compensate	VERB
emaj-175	51	5	the	the	DET
emaj-175	51	6	significant	significant	ADJ
emaj-175	51	7	declines	decline	NOUN
emaj-175	51	8	in	in	ADP
emaj-175	51	9	fdi	fdi	NOUN
emaj-175	51	10	to	to	ADP
emaj-175	51	11	some	some	DET
emaj-175	51	12	countries	country	NOUN
emaj-175	51	13	in	in	ADP
emaj-175	51	14	the	the	DET
emaj-175	51	15	sub	sub	NOUN
emaj-175	51	16	-	-	NOUN
emaj-175	51	17	region	region	NOUN
emaj-175	51	18	due	due	ADP
emaj-175	51	19	to	to	ADP
emaj-175	51	20	political	political	ADJ
emaj-175	51	21	uncertainty	uncertainty	NOUN
emaj-175	51	22	and	and	CCONJ
emaj-175	51	23	unfavorable	unfavorable	ADJ
emaj-175	51	24	economic	economic	ADJ
emaj-175	51	25	fundamentals	fundamental	NOUN
emaj-175	51	26	.	.	PUNCT
emaj-175	52	1	moreover	moreover	ADV
emaj-175	52	2	,	,	PUNCT
emaj-175	52	3	increasing	increase	VERB
emaj-175	52	4	demand	demand	NOUN
emaj-175	52	5	and	and	CCONJ
emaj-175	52	6	rising	rise	VERB
emaj-175	52	7	prices	price	NOUN
emaj-175	52	8	for	for	ADP
emaj-175	52	9	some	some	DET
emaj-175	52	10	commodities	commodity	NOUN
emaj-175	52	11	also	also	ADV
emaj-175	52	12	contributed	contribute	VERB
emaj-175	52	13	to	to	ADP
emaj-175	52	14	the	the	DET
emaj-175	52	15	increase	increase	NOUN
emaj-175	52	16	in	in	ADP
emaj-175	52	17	investments	investment	NOUN
emaj-175	52	18	.	.	PUNCT
emaj-175	53	1	however	however	ADV
emaj-175	53	2	,	,	PUNCT
emaj-175	53	3	lower	low	ADJ
emaj-175	53	4	than	than	SCONJ
emaj-175	53	5	forecasted	forecast	VERB
emaj-175	53	6	global	global	ADJ
emaj-175	53	7	economic	economic	ADJ
emaj-175	53	8	growth	growth	NOUN
emaj-175	53	9	,	,	PUNCT
emaj-175	53	10	accelerating	accelerate	VERB
emaj-175	53	11	trade	trade	NOUN
emaj-175	53	12	tensions	tension	NOUN
emaj-175	53	13	and	and	CCONJ
emaj-175	53	14	moderate	moderate	ADJ
emaj-175	53	15	growth	growth	NOUN
emaj-175	53	16	in	in	ADP
emaj-175	53	17	sub	sub	ADJ
emaj-175	53	18	-	-	ADJ
emaj-175	53	19	saharan	saharan	ADJ
emaj-175	53	20	africa	africa	PROPN
emaj-175	53	21	were	be	AUX
emaj-175	53	22	the	the	DET
emaj-175	53	23	factors	factor	NOUN
emaj-175	53	24	limiting	limit	VERB
emaj-175	53	25	the	the	DET
emaj-175	53	26	magnitude	magnitude	NOUN
emaj-175	53	27	of	of	ADP
emaj-175	53	28	fdi	fdi	NOUN
emaj-175	53	29	growth	growth	NOUN
emaj-175	53	30	.	.	PUNCT
emaj-175	54	1	in	in	ADP
emaj-175	54	2	2019	2019	NUM
emaj-175	54	3	,	,	PUNCT
emaj-175	54	4	the	the	DET
emaj-175	54	5	anticipated	anticipated	ADJ
emaj-175	54	6	increase	increase	NOUN
emaj-175	54	7	in	in	ADP
emaj-175	54	8	africa	africa	PROPN
emaj-175	54	9	's	's	PART
emaj-175	54	10	financial	financial	ADJ
emaj-175	54	11	development	development	NOUN
emaj-175	54	12	,	,	PUNCT
emaj-175	54	13	progress	progress	NOUN
emaj-175	54	14	towards	towards	ADP
emaj-175	54	15	the	the	DET
emaj-175	54	16	application	application	NOUN
emaj-175	54	17	of	of	ADP
emaj-175	54	18	the	the	DET
emaj-175	54	19	african	african	ADJ
emaj-175	54	20	continent	continent	PROPN
emaj-175	54	21	free	free	PROPN
emaj-175	54	22	trade	trade	PROPN
emaj-175	54	23	area	area	NOUN
emaj-175	54	24	agreement	agreement	NOUN
emaj-175	54	25	and	and	CCONJ
emaj-175	54	26	some	some	DET
emaj-175	54	27	big	big	ADJ
emaj-175	54	28	greenfield	greenfield	NOUN
emaj-175	54	29	investments	investment	NOUN
emaj-175	54	30	are	be	AUX
emaj-175	54	31	regarded	regard	VERB
emaj-175	54	32	factors	factor	NOUN
emaj-175	54	33	that	that	PRON
emaj-175	54	34	will	will	AUX
emaj-175	54	35	stimulate	stimulate	VERB
emaj-175	54	36	the	the	DET
emaj-175	54	37	foreign	foreign	ADJ
emaj-175	54	38	investments	investment	NOUN
emaj-175	54	39	in	in	ADP
emaj-175	54	40	the	the	DET
emaj-175	54	41	area	area	NOUN
emaj-175	54	42	(	(	PUNCT
emaj-175	54	43	unctad	unctad	PROPN
emaj-175	54	44	,	,	PUNCT
emaj-175	54	45	2019	2019	NUM
emaj-175	54	46	)	)	PUNCT
emaj-175	54	47	.	.	PUNCT
emaj-175	55	1	considering	consider	VERB
emaj-175	55	2	the	the	DET
emaj-175	55	3	latest	late	ADJ
emaj-175	55	4	improvements	improvement	NOUN
emaj-175	55	5	in	in	ADP
emaj-175	55	6	fdi	fdi	NOUN
emaj-175	55	7	flows	flow	NOUN
emaj-175	55	8	to	to	ADP
emaj-175	55	9	sub	sub	ADJ
emaj-175	55	10	-	-	ADJ
emaj-175	55	11	saharan	saharan	ADJ
emaj-175	55	12	african	african	ADJ
emaj-175	55	13	region	region	NOUN
emaj-175	55	14	,	,	PUNCT
emaj-175	55	15	it	it	PRON
emaj-175	55	16	is	be	AUX
emaj-175	55	17	worthwhile	worthwhile	ADJ
emaj-175	55	18	to	to	PART
emaj-175	55	19	investigate	investigate	VERB
emaj-175	55	20	the	the	DET
emaj-175	55	21	factors	factor	NOUN
emaj-175	55	22	that	that	PRON
emaj-175	55	23	drive	drive	VERB
emaj-175	55	24	the	the	DET
emaj-175	55	25	foreign	foreign	ADJ
emaj-175	55	26	investment	investment	NOUN
emaj-175	55	27	.	.	PUNCT
emaj-175	56	1	there	there	PRON
emaj-175	56	2	exists	exist	VERB
emaj-175	56	3	numerous	numerous	ADJ
emaj-175	56	4	empirical	empirical	ADJ
emaj-175	56	5	studies	study	NOUN
emaj-175	56	6	estimating	estimate	VERB
emaj-175	56	7	the	the	DET
emaj-175	56	8	determinants	determinant	NOUN
emaj-175	56	9	of	of	ADP
emaj-175	56	10	fdi	fdi	NOUN
emaj-175	56	11	inflows	inflow	NOUN
emaj-175	56	12	in	in	ADP
emaj-175	56	13	developed	develop	VERB
emaj-175	56	14	and	and	CCONJ
emaj-175	56	15	developing	develop	VERB
emaj-175	56	16	countries	country	NOUN
emaj-175	56	17	.	.	PUNCT
emaj-175	57	1	however	however	ADV
emaj-175	57	2	,	,	PUNCT
emaj-175	57	3	the	the	DET
emaj-175	57	4	absence	absence	NOUN
emaj-175	57	5	of	of	ADP
emaj-175	57	6	the	the	DET
emaj-175	57	7	generally	generally	ADV
emaj-175	57	8	agreed	agree	VERB
emaj-175	57	9	determinants	determinant	NOUN
emaj-175	57	10	of	of	ADP
emaj-175	57	11	fdi	fdi	NOUN
emaj-175	57	12	inflows	inflow	NOUN
emaj-175	57	13	both	both	PRON
emaj-175	57	14	in	in	ADP
emaj-175	57	15	terms	term	NOUN
emaj-175	57	16	of	of	ADP
emaj-175	57	17	theoretical	theoretical	ADJ
emaj-175	57	18	and	and	CCONJ
emaj-175	57	19	empirical	empirical	ADJ
emaj-175	57	20	findings	finding	NOUN
emaj-175	57	21	motivates	motivate	VERB
emaj-175	57	22	the	the	DET
emaj-175	57	23	researchers	researcher	NOUN
emaj-175	57	24	to	to	PART
emaj-175	57	25	scrutinize	scrutinize	VERB
emaj-175	57	26	this	this	DET
emaj-175	57	27	topic	topic	NOUN
emaj-175	57	28	.	.	PUNCT
emaj-175	58	1	studies	study	NOUN
emaj-175	58	2	on	on	ADP
emaj-175	58	3	subsaharan	subsaharan	ADJ
emaj-175	58	4	african	african	ADJ
emaj-175	58	5	countries	country	NOUN
emaj-175	58	6	have	have	AUX
emaj-175	58	7	mostly	mostly	ADV
emaj-175	58	8	focused	focus	VERB
emaj-175	58	9	on	on	ADP
emaj-175	58	10	natural	natural	ADJ
emaj-175	58	11	resources	resource	NOUN
emaj-175	58	12	in	in	ADP
emaj-175	58	13	these	these	DET
emaj-175	58	14	countries	country	NOUN
emaj-175	58	15	as	as	ADP
emaj-175	58	16	the	the	DET
emaj-175	58	17	main	main	ADJ
emaj-175	58	18	determinant	determinant	NOUN
emaj-175	58	19	of	of	ADP
emaj-175	58	20	fdi	fdi	NOUN
emaj-175	58	21	inflows	inflow	NOUN
emaj-175	58	22	.	.	PUNCT
emaj-175	59	1	in	in	ADP
emaj-175	59	2	some	some	DET
emaj-175	59	3	other	other	ADJ
emaj-175	59	4	studies	study	NOUN
emaj-175	59	5	conducted	conduct	VERB
emaj-175	59	6	for	for	ADP
emaj-175	59	7	developing	develop	VERB
emaj-175	59	8	countries	country	NOUN
emaj-175	59	9	determinants	determinant	NOUN
emaj-175	59	10	such	such	ADJ
emaj-175	59	11	as	as	ADP
emaj-175	59	12	economic	economic	ADJ
emaj-175	59	13	growth	growth	NOUN
emaj-175	59	14	,	,	PUNCT
emaj-175	59	15	trade	trade	NOUN
emaj-175	59	16	openness	openness	NOUN
emaj-175	59	17	,	,	PUNCT
emaj-175	59	18	financial	financial	ADJ
emaj-175	59	19	development	development	NOUN
emaj-175	59	20	,	,	PUNCT
emaj-175	59	21	infrustructure	infrustructure	NOUN
emaj-175	59	22	and	and	CCONJ
emaj-175	59	23	macroeconomic	macroeconomic	ADJ
emaj-175	59	24	stability	stability	NOUN
emaj-175	59	25	have	have	AUX
emaj-175	59	26	been	be	AUX
emaj-175	59	27	found	find	VERB
emaj-175	59	28	as	as	ADP
emaj-175	59	29	important	important	ADJ
emaj-175	59	30	determinants	determinant	NOUN
emaj-175	59	31	of	of	ADP
emaj-175	59	32	fdi	fdi	NOUN
emaj-175	59	33	inflows	inflow	NOUN
emaj-175	59	34	in	in	ADP
emaj-175	59	35	accordance	accordance	NOUN
emaj-175	59	36	with	with	ADP
emaj-175	59	37	the	the	DET
emaj-175	59	38	theoretical	theoretical	ADJ
emaj-175	59	39	literature	literature	NOUN
emaj-175	59	40	in	in	ADP
emaj-175	59	41	this	this	DET
emaj-175	59	42	field	field	NOUN
emaj-175	59	43	.	.	PUNCT
emaj-175	60	1	therefore	therefore	ADV
emaj-175	60	2	,	,	PUNCT
emaj-175	60	3	this	this	DET
emaj-175	60	4	study	study	NOUN
emaj-175	60	5	aims	aim	VERB
emaj-175	60	6	to	to	PART
emaj-175	60	7	close	close	VERB
emaj-175	60	8	the	the	DET
emaj-175	60	9	gap	gap	NOUN
emaj-175	60	10	in	in	ADP
emaj-175	60	11	the	the	DET
emaj-175	60	12	literature	literature	NOUN
emaj-175	60	13	by	by	ADP
emaj-175	60	14	testing	test	VERB
emaj-175	60	15	these	these	DET
emaj-175	60	16	variables	variable	NOUN
emaj-175	60	17	for	for	ADP
emaj-175	60	18	sub	sub	ADJ
emaj-175	60	19	-	-	ADJ
emaj-175	60	20	saharan	saharan	ADJ
emaj-175	60	21	african	african	ADJ
emaj-175	60	22	countries	country	NOUN
emaj-175	60	23	.	.	PUNCT
emaj-175	61	1	the	the	DET
emaj-175	61	2	findings	finding	NOUN
emaj-175	61	3	of	of	ADP
emaj-175	61	4	the	the	DET
emaj-175	61	5	study	study	NOUN
emaj-175	61	6	are	be	AUX
emaj-175	61	7	believed	believe	VERB
emaj-175	61	8	to	to	PART
emaj-175	61	9	shed	shed	VERB
emaj-175	61	10	a	a	DET
emaj-175	61	11	light	light	NOUN
emaj-175	61	12	on	on	ADP
emaj-175	61	13	the	the	DET
emaj-175	61	14	policies	policy	NOUN
emaj-175	61	15	of	of	ADP
emaj-175	61	16	african	african	ADJ
emaj-175	61	17	countries	country	NOUN
emaj-175	61	18	to	to	PART
emaj-175	61	19	attract	attract	VERB
emaj-175	61	20	more	more	ADJ
emaj-175	61	21	foreign	foreign	ADJ
emaj-175	61	22	investment	investment	NOUN
emaj-175	61	23	.	.	PUNCT
emaj-175	62	1	the	the	DET
emaj-175	62	2	paper	paper	NOUN
emaj-175	62	3	is	be	AUX
emaj-175	62	4	structured	structure	VERB
emaj-175	62	5	with	with	ADP
emaj-175	62	6	five	five	NUM
emaj-175	62	7	sections	section	NOUN
emaj-175	62	8	.	.	PUNCT
emaj-175	63	1	in	in	ADP
emaj-175	63	2	the	the	DET
emaj-175	63	3	following	follow	VERB
emaj-175	63	4	section	section	NOUN
emaj-175	63	5	,	,	PUNCT
emaj-175	63	6	the	the	DET
emaj-175	63	7	theoretical	theoretical	ADJ
emaj-175	63	8	and	and	CCONJ
emaj-175	63	9	conceptual	conceptual	ADJ
emaj-175	63	10	framework	framework	NOUN
emaj-175	63	11	of	of	ADP
emaj-175	63	12	fdi	fdi	NOUN
emaj-175	63	13	determinants	determinant	NOUN
emaj-175	63	14	will	will	AUX
emaj-175	63	15	be	be	AUX
emaj-175	63	16	explained	explain	VERB
emaj-175	63	17	.	.	PUNCT
emaj-175	64	1	in	in	ADP
emaj-175	64	2	section	section	PROPN
emaj-175	64	3	iii	iii	PROPN
emaj-175	64	4	,	,	PUNCT
emaj-175	64	5	the	the	DET
emaj-175	64	6	findings	finding	NOUN
emaj-175	64	7	of	of	ADP
emaj-175	64	8	the	the	DET
emaj-175	64	9	empirical	empirical	ADJ
emaj-175	64	10	literature	literature	NOUN
emaj-175	64	11	will	will	AUX
emaj-175	64	12	be	be	AUX
emaj-175	64	13	analyzed	analyze	VERB
emaj-175	64	14	.	.	PUNCT
emaj-175	65	1	in	in	ADP
emaj-175	65	2	section	section	NOUN
emaj-175	65	3	iv	iv	NUM
emaj-175	65	4	,	,	PUNCT
emaj-175	65	5	steps	step	NOUN
emaj-175	65	6	of	of	ADP
emaj-175	65	7	the	the	DET
emaj-175	65	8	econometric	econometric	ADJ
emaj-175	65	9	analysis	analysis	NOUN
emaj-175	65	10	will	will	AUX
emaj-175	65	11	be	be	AUX
emaj-175	65	12	presented	present	VERB
emaj-175	65	13	.	.	PUNCT
emaj-175	66	1	finally	finally	ADV
emaj-175	66	2	,	,	PUNCT
emaj-175	66	3	in	in	ADP
emaj-175	66	4	the	the	DET
emaj-175	66	5	conclusion	conclusion	NOUN
emaj-175	66	6	part	part	NOUN
emaj-175	66	7	,	,	PUNCT
emaj-175	66	8	empirical	empirical	ADJ
emaj-175	66	9	findings	finding	NOUN
emaj-175	66	10	of	of	ADP
emaj-175	66	11	the	the	DET
emaj-175	66	12	study	study	NOUN
emaj-175	66	13	will	will	AUX
emaj-175	66	14	be	be	AUX
emaj-175	66	15	elaborated	elaborate	VERB
emaj-175	66	16	.	.	PUNCT
emaj-175	67	1	ii	ii	X
emaj-175	67	2	.	.	PUNCT
emaj-175	68	1	the	the	DET
emaj-175	68	2	determinants	determinant	NOUN
emaj-175	68	3	of	of	ADP
emaj-175	68	4	fdi	fdi	NOUN
emaj-175	68	5	:	:	PUNCT
emaj-175	68	6	theoretical	theoretical	ADJ
emaj-175	68	7	and	and	CCONJ
emaj-175	68	8	conceptual	conceptual	ADJ
emaj-175	68	9	framework	framework	NOUN
emaj-175	68	10	in	in	ADP
emaj-175	68	11	the	the	DET
emaj-175	68	12	economics	economic	NOUN
emaj-175	68	13	literature	literature	NOUN
emaj-175	68	14	,	,	PUNCT
emaj-175	68	15	fdi	fdi	PROPN
emaj-175	68	16	is	be	AUX
emaj-175	68	17	defined	define	VERB
emaj-175	68	18	as	as	ADP
emaj-175	68	19	a	a	DET
emaj-175	68	20	type	type	NOUN
emaj-175	68	21	of	of	ADP
emaj-175	68	22	investment	investment	NOUN
emaj-175	68	23	made	make	VERB
emaj-175	68	24	by	by	ADP
emaj-175	68	25	a	a	DET
emaj-175	68	26	foreign	foreign	ADJ
emaj-175	68	27	investor	investor	NOUN
emaj-175	68	28	by	by	ADP
emaj-175	68	29	acquiring	acquire	VERB
emaj-175	68	30	a	a	DET
emaj-175	68	31	company	company	NOUN
emaj-175	68	32	,	,	PUNCT
emaj-175	68	33	providing	provide	VERB
emaj-175	68	34	an	an	DET
emaj-175	68	35	establishment	establishment	NOUN
emaj-175	68	36	capital	capital	NOUN
emaj-175	68	37	for	for	ADP
emaj-175	68	38	a	a	DET
emaj-175	68	39	new	new	ADJ
emaj-175	68	40	firm	firm	NOUN
emaj-175	68	41	or	or	CCONJ
emaj-175	68	42	increasing	increase	VERB
emaj-175	68	43	the	the	DET
emaj-175	68	44	capital	capital	NOUN
emaj-175	68	45	of	of	ADP
emaj-175	68	46	an	an	DET
emaj-175	68	47	existing	exist	VERB
emaj-175	68	48	firm	firm	NOUN
emaj-175	68	49	in	in	ADP
emaj-175	68	50	the	the	DET
emaj-175	68	51	host	host	NOUN
emaj-175	68	52	country	country	NOUN
emaj-175	68	53	,	,	PUNCT
emaj-175	68	54	bringing	bring	VERB
emaj-175	68	55	technology	technology	NOUN
emaj-175	68	56	,	,	PUNCT
emaj-175	68	57	management	management	NOUN
emaj-175	68	58	knowledge	knowledge	NOUN
emaj-175	68	59	and	and	CCONJ
emaj-175	68	60	control	control	NOUN
emaj-175	68	61	of	of	ADP
emaj-175	68	62	the	the	DET
emaj-175	68	63	investor	investor	NOUN
emaj-175	68	64	on	on	ADP
emaj-175	68	65	the	the	DET
emaj-175	68	66	invested	invest	VERB
emaj-175	68	67	country	country	NOUN
emaj-175	68	68	(	(	PUNCT
emaj-175	68	69	karluk	karluk	PROPN
emaj-175	68	70	,	,	PUNCT
emaj-175	68	71	2009	2009	NUM
emaj-175	68	72	)	)	PUNCT
emaj-175	68	73	.	.	PUNCT
emaj-175	69	1	one	one	NUM
emaj-175	69	2	of	of	ADP
emaj-175	69	3	the	the	DET
emaj-175	69	4	first	first	ADJ
emaj-175	69	5	attempts	attempt	NOUN
emaj-175	69	6	to	to	PART
emaj-175	69	7	explain	explain	VERB
emaj-175	69	8	the	the	DET
emaj-175	69	9	fdi	fdi	NOUN
emaj-175	69	10	was	be	AUX
emaj-175	69	11	made	make	VERB
emaj-175	69	12	by	by	ADP
emaj-175	69	13	classical	classical	ADJ
emaj-175	69	14	economist	economist	NOUN
emaj-175	69	15	david	david	PROPN
emaj-175	69	16	ricardo	ricardo	PROPN
emaj-175	69	17	in	in	ADP
emaj-175	69	18	his	his	PRON
emaj-175	69	19	theory	theory	NOUN
emaj-175	69	20	of	of	ADP
emaj-175	69	21	comparative	comparative	ADJ
emaj-175	69	22	advantages	advantage	NOUN
emaj-175	69	23	.	.	PUNCT
emaj-175	70	1	however	however	ADV
emaj-175	70	2	,	,	PUNCT
emaj-175	70	3	assumptions	assumption	NOUN
emaj-175	70	4	of	of	ADP
emaj-175	70	5	this	this	DET
emaj-175	70	6	theory	theory	NOUN
emaj-175	70	7	,	,	PUNCT
emaj-175	70	8	such	such	ADJ
emaj-175	70	9	as	as	ADP
emaj-175	70	10	two	two	NUM
emaj-175	70	11	country	country	NOUN
emaj-175	70	12	,	,	PUNCT
emaj-175	70	13	two	two	NUM
emaj-175	70	14	products	product	NOUN
emaj-175	70	15	and	and	CCONJ
emaj-175	70	16	the	the	DET
emaj-175	70	17	full	full	ADJ
emaj-175	70	18	mobility	mobility	NOUN
emaj-175	70	19	of	of	ADP
emaj-175	70	20	production	production	NOUN
emaj-175	70	21	factors	factor	NOUN
emaj-175	70	22	were	be	AUX
emaj-175	70	23	insufficient	insufficient	ADJ
emaj-175	70	24	to	to	PART
emaj-175	70	25	explain	explain	VERB
emaj-175	70	26	the	the	DET
emaj-175	70	27	globally	globally	ADV
emaj-175	70	28	rising	rise	VERB
emaj-175	70	29	fdi	fdi	NOUN
emaj-175	70	30	trends	trend	NOUN
emaj-175	70	31	(	(	PUNCT
emaj-175	70	32	denisia	denisia	NOUN
emaj-175	70	33	,	,	PUNCT
emaj-175	70	34	2010	2010	NUM
emaj-175	70	35	)	)	PUNCT
emaj-175	70	36	.	.	PUNCT
emaj-175	71	1	theories	theory	NOUN
emaj-175	71	2	developed	develop	VERB
emaj-175	71	3	in	in	ADP
emaj-175	71	4	the	the	DET
emaj-175	71	5	field	field	NOUN
emaj-175	71	6	of	of	ADP
emaj-175	71	7	fdi	fdi	NOUN
emaj-175	71	8	mainly	mainly	ADV
emaj-175	71	9	seek	seek	VERB
emaj-175	71	10	answers	answer	NOUN
emaj-175	71	11	to	to	ADP
emaj-175	71	12	questions	question	NOUN
emaj-175	71	13	such	such	ADJ
emaj-175	71	14	as	as	ADP
emaj-175	71	15	why	why	SCONJ
emaj-175	71	16	a	a	DET
emaj-175	71	17	company	company	NOUN
emaj-175	71	18	established	establish	VERB
emaj-175	71	19	in	in	ADP
emaj-175	71	20	the	the	DET
emaj-175	71	21	home	home	NOUN
emaj-175	71	22	country	country	NOUN
emaj-175	71	23	invests	invest	NOUN
emaj-175	71	24	in	in	ADP
emaj-175	71	25	another	another	DET
emaj-175	71	26	country	country	NOUN
emaj-175	71	27	,	,	PUNCT
emaj-175	71	28	how	how	SCONJ
emaj-175	71	29	it	it	PRON
emaj-175	71	30	can	can	AUX
emaj-175	71	31	compete	compete	VERB
emaj-175	71	32	with	with	ADP
emaj-175	71	33	local	local	ADJ
emaj-175	71	34	firms	firm	NOUN
emaj-175	71	35	in	in	ADP
emaj-175	71	36	the	the	DET
emaj-175	71	37	foreign	foreign	ADJ
emaj-175	71	38	country	country	NOUN
emaj-175	71	39	of	of	ADP
emaj-175	71	40	investment	investment	NOUN
emaj-175	71	41	,	,	PUNCT
emaj-175	71	42	and	and	CCONJ
emaj-175	71	43	why	why	SCONJ
emaj-175	71	44	companies	company	NOUN
emaj-175	71	45	prefer	prefer	VERB
emaj-175	71	46	to	to	PART
emaj-175	71	47	invest	invest	VERB
emaj-175	71	48	directly	directly	ADV
emaj-175	71	49	instead	instead	ADV
emaj-175	71	50	of	of	ADP
emaj-175	71	51	export	export	NOUN
emaj-175	71	52	or	or	CCONJ
emaj-175	71	53	license	license	NOUN
emaj-175	71	54	agreements	agreement	NOUN
emaj-175	71	55	.	.	PUNCT
emaj-175	72	1	according	accord	VERB
emaj-175	72	2	to	to	ADP
emaj-175	72	3	vernon	vernon	PROPN
emaj-175	72	4	(	(	PUNCT
emaj-175	72	5	1966	1966	NUM
emaj-175	72	6	)	)	PUNCT
emaj-175	72	7	,	,	PUNCT
emaj-175	72	8	an	an	DET
emaj-175	72	9	innovative	innovative	ADJ
emaj-175	72	10	product	product	NOUN
emaj-175	72	11	first	first	ADV
emaj-175	72	12	emerges	emerge	VERB
emaj-175	72	13	in	in	ADP
emaj-175	72	14	the	the	DET
emaj-175	72	15	united	united	PROPN
emaj-175	72	16	states	states	PROPN
emaj-175	72	17	or	or	CCONJ
emaj-175	72	18	in	in	ADP
emaj-175	72	19	other	other	ADJ
emaj-175	72	20	developed	developed	ADJ
emaj-175	72	21	countries	country	NOUN
emaj-175	72	22	,	,	PUNCT
emaj-175	72	23	where	where	SCONJ
emaj-175	72	24	technology	technology	NOUN
emaj-175	72	25	and	and	CCONJ
emaj-175	72	26	skilled	skilled	ADJ
emaj-175	72	27	workforce	workforce	NOUN
emaj-175	72	28	are	be	AUX
emaj-175	72	29	advanced	advanced	ADJ
emaj-175	72	30	.	.	PUNCT
emaj-175	73	1	in	in	ADP
emaj-175	73	2	his	his	PRON
emaj-175	73	3	theory	theory	NOUN
emaj-175	73	4	of	of	ADP
emaj-175	73	5	"	"	PUNCT
emaj-175	73	6	product	product	NOUN
emaj-175	73	7	life	life	NOUN
emaj-175	73	8	cycle	cycle	NOUN
emaj-175	73	9	"	"	PUNCT
emaj-175	73	10	,	,	PUNCT
emaj-175	73	11	he	he	PRON
emaj-175	73	12	argues	argue	VERB
emaj-175	73	13	that	that	SCONJ
emaj-175	73	14	in	in	ADP
emaj-175	73	15	the	the	DET
emaj-175	73	16	first	first	ADJ
emaj-175	73	17	stage	stage	NOUN
emaj-175	73	18	of	of	ADP
emaj-175	73	19	the	the	DET
emaj-175	73	20	cycle	cycle	NOUN
emaj-175	73	21	,	,	PUNCT
emaj-175	73	22	only	only	ADV
emaj-175	73	23	the	the	DET
emaj-175	73	24	products	product	NOUN
emaj-175	73	25	sold	sell	VERB
emaj-175	73	26	in	in	ADP
emaj-175	73	27	the	the	DET
emaj-175	73	28	domestic	domestic	ADJ
emaj-175	73	29	market	market	NOUN
emaj-175	73	30	are	be	AUX
emaj-175	73	31	exported	export	VERB
emaj-175	73	32	to	to	ADP
emaj-175	73	33	foreign	foreign	ADJ
emaj-175	73	34	countries	country	NOUN
emaj-175	73	35	due	due	ADP
emaj-175	73	36	to	to	ADP
emaj-175	73	37	increased	increase	VERB
emaj-175	73	38	production	production	NOUN
emaj-175	73	39	.	.	PUNCT
emaj-175	74	1	after	after	ADP
emaj-175	74	2	the	the	DET
emaj-175	74	3	export	export	NOUN
emaj-175	74	4	stage	stage	NOUN
emaj-175	74	5	,	,	PUNCT
emaj-175	74	6	the	the	DET
emaj-175	74	7	producers	producer	NOUN
emaj-175	74	8	choose	choose	VERB
emaj-175	74	9	to	to	PART
emaj-175	74	10	directly	directly	ADV
emaj-175	74	11	invest	invest	VERB
emaj-175	74	12	to	to	PART
emaj-175	74	13	produce	produce	VERB
emaj-175	74	14	and	and	CCONJ
emaj-175	74	15	sell	sell	VERB
emaj-175	74	16	the	the	DET
emaj-175	74	17	products	product	NOUN
emaj-175	74	18	in	in	ADP
emaj-175	74	19	other	other	ADJ
emaj-175	74	20	countries	country	NOUN
emaj-175	74	21	.	.	PUNCT
emaj-175	75	1	on	on	ADP
emaj-175	75	2	the	the	DET
emaj-175	75	3	other	other	ADJ
emaj-175	75	4	hand	hand	NOUN
emaj-175	75	5	,	,	PUNCT
emaj-175	75	6	in	in	ADP
emaj-175	75	7	his	his	PRON
emaj-175	75	8	theory	theory	NOUN
emaj-175	75	9	called	call	VERB
emaj-175	75	10	"	"	PUNCT
emaj-175	75	11	oligopolistic	oligopolistic	ADJ
emaj-175	75	12	reaction	reaction	NOUN
emaj-175	75	13	"	"	PUNCT
emaj-175	75	14	knickerbocker	knickerbocker	PROPN
emaj-175	75	15	(	(	PUNCT
emaj-175	75	16	1973	1973	NUM
emaj-175	75	17	)	)	PUNCT
emaj-175	75	18	,	,	PUNCT
emaj-175	75	19	suggested	suggest	VERB
emaj-175	75	20	that	that	SCONJ
emaj-175	75	21	investors	investor	NOUN
emaj-175	75	22	take	take	VERB
emaj-175	75	23	the	the	DET
emaj-175	75	24	decision	decision	NOUN
emaj-175	75	25	of	of	ADP
emaj-175	75	26	fdi	fdi	NOUN
emaj-175	75	27	to	to	PART
emaj-175	75	28	follow	follow	VERB
emaj-175	75	29	the	the	DET
emaj-175	75	30	behavior	behavior	NOUN
emaj-175	75	31	of	of	ADP
emaj-175	75	32	their	their	PRON
emaj-175	75	33	competitors	competitor	NOUN
emaj-175	75	34	who	who	PRON
emaj-175	75	35	invested	invest	VERB
emaj-175	75	36	in	in	ADP
emaj-175	75	37	another	another	DET
emaj-175	75	38	country	country	NOUN
emaj-175	75	39	to	to	PART
emaj-175	75	40	move	move	VERB
emaj-175	75	41	from	from	ADP
emaj-175	75	42	exporting	export	VERB
emaj-175	75	43	stage	stage	NOUN
emaj-175	75	44	to	to	ADP
emaj-175	75	45	direct	direct	ADJ
emaj-175	75	46	investment	investment	NOUN
emaj-175	75	47	.	.	PUNCT
emaj-175	76	1	in	in	ADP
emaj-175	76	2	his	his	PRON
emaj-175	76	3	"	"	PUNCT
emaj-175	76	4	industrial	industrial	ADJ
emaj-175	76	5	organization	organization	NOUN
emaj-175	76	6	theory	theory	NOUN
emaj-175	76	7	"	"	PUNCT
emaj-175	76	8	,	,	PUNCT
emaj-175	76	9	hymer	hymer	NOUN
emaj-175	76	10	(	(	PUNCT
emaj-175	76	11	1976	1976	NUM
emaj-175	76	12	)	)	PUNCT
emaj-175	76	13	argues	argue	VERB
emaj-175	76	14	that	that	SCONJ
emaj-175	76	15	companies	company	NOUN
emaj-175	76	16	that	that	PRON
emaj-175	76	17	are	be	AUX
emaj-175	76	18	currently	currently	ADV
emaj-175	76	19	exporting	export	VERB
emaj-175	76	20	products	product	NOUN
emaj-175	76	21	will	will	AUX
emaj-175	76	22	invest	invest	VERB
emaj-175	76	23	directly	directly	ADV
emaj-175	76	24	in	in	ADP
emaj-175	76	25	the	the	DET
emaj-175	76	26	host	host	NOUN
emaj-175	76	27	countries	country	NOUN
emaj-175	76	28	in	in	ADP
emaj-175	76	29	order	order	NOUN
emaj-175	76	30	to	to	PART
emaj-175	76	31	compete	compete	VERB
emaj-175	76	32	with	with	ADP
emaj-175	76	33	local	local	ADJ
emaj-175	76	34	producers	producer	NOUN
emaj-175	76	35	in	in	ADP
emaj-175	76	36	these	these	DET
emaj-175	76	37	countries	country	NOUN
emaj-175	76	38	.	.	PUNCT
emaj-175	77	1	however	however	ADV
emaj-175	77	2	,	,	PUNCT
emaj-175	77	3	in	in	ADP
emaj-175	77	4	order	order	NOUN
emaj-175	77	5	to	to	PART
emaj-175	77	6	make	make	VERB
emaj-175	77	7	international	international	ADJ
emaj-175	77	8	investments	investment	NOUN
emaj-175	77	9	profitable	profitable	ADJ
emaj-175	77	10	,	,	PUNCT
emaj-175	77	11	companies	company	NOUN
emaj-175	77	12	need	need	VERB
emaj-175	77	13	to	to	PART
emaj-175	77	14	have	have	VERB
emaj-175	77	15	superior	superior	ADJ
emaj-175	77	16	advantages	advantage	NOUN
emaj-175	77	17	such	such	ADJ
emaj-175	77	18	as	as	ADP
emaj-175	77	19	know	know	NOUN
emaj-175	77	20	-	-	PUNCT
emaj-175	77	21	how	how	NOUN
emaj-175	77	22	,	,	PUNCT
emaj-175	77	23	scale	scale	NOUN
emaj-175	77	24	economie	economie	NOUN
emaj-175	77	25	,	,	PUNCT
emaj-175	77	26	access	access	NOUN
emaj-175	77	27	to	to	ADP
emaj-175	77	28	cheap	cheap	ADJ
emaj-175	77	29	financial	financial	ADJ
emaj-175	77	30	resources	resource	NOUN
emaj-175	77	31	,	,	PUNCT
emaj-175	77	32	marketing	marketing	NOUN
emaj-175	77	33	and	and	CCONJ
emaj-175	77	34	management	management	NOUN
emaj-175	77	35	skills	skill	NOUN
emaj-175	77	36	.	.	PUNCT
emaj-175	78	1	according	accord	VERB
emaj-175	78	2	to	to	ADP
emaj-175	78	3	"	"	PUNCT
emaj-175	78	4	internalization	internalization	NOUN
emaj-175	78	5	theory	theory	NOUN
emaj-175	78	6	"	"	PUNCT
emaj-175	78	7	developed	develop	VERB
emaj-175	78	8	by	by	ADP
emaj-175	78	9	buckley	buckley	NOUN
emaj-175	78	10	and	and	CCONJ
emaj-175	78	11	casson	casson	PROPN
emaj-175	78	12	(	(	PUNCT
emaj-175	78	13	1976	1976	NUM
emaj-175	78	14	)	)	PUNCT
emaj-175	78	15	,	,	PUNCT
emaj-175	78	16	market	market	NOUN
emaj-175	78	17	disruptions	disruption	NOUN
emaj-175	78	18	in	in	ADP
emaj-175	78	19	the	the	DET
emaj-175	78	20	host	host	NOUN
emaj-175	78	21	country	country	NOUN
emaj-175	78	22	can	can	AUX
emaj-175	78	23	be	be	AUX
emaj-175	78	24	prevented	prevent	VERB
emaj-175	78	25	by	by	ADP
emaj-175	78	26	fdi	fdi	PROPN
emaj-175	78	27	in	in	ADP
emaj-175	78	28	the	the	DET
emaj-175	78	29	country	country	NOUN
emaj-175	78	30	.	.	PUNCT
emaj-175	79	1	companies	company	NOUN
emaj-175	79	2	use	use	VERB
emaj-175	79	3	vertical	vertical	ADJ
emaj-175	79	4	and	and	CCONJ
emaj-175	79	5	horizontal	horizontal	ADJ
emaj-175	79	6	integration	integration	NOUN
emaj-175	79	7	techniques	technique	NOUN
emaj-175	79	8	and	and	CCONJ
emaj-175	79	9	with	with	ADP
emaj-175	79	10	direct	direct	ADJ
emaj-175	79	11	investments	investment	NOUN
emaj-175	79	12	in	in	ADP
emaj-175	79	13	different	different	ADJ
emaj-175	79	14	countries	country	NOUN
emaj-175	79	15	,	,	PUNCT
emaj-175	79	16	a	a	DET
emaj-175	79	17	product	product	NOUN
emaj-175	79	18	manufactured	manufacture	VERB
emaj-175	79	19	by	by	ADP
emaj-175	79	20	one	one	NUM
emaj-175	79	21	of	of	ADP
emaj-175	79	22	the	the	DET
emaj-175	79	23	subsidiaries	subsidiary	NOUN
emaj-175	79	24	can	can	AUX
emaj-175	79	25	be	be	AUX
emaj-175	79	26	used	use	VERB
emaj-175	79	27	as	as	ADP
emaj-175	79	28	an	an	DET
emaj-175	79	29	input	input	NOUN
emaj-175	79	30	in	in	ADP
emaj-175	79	31	another	another	DET
emaj-175	79	32	subsidiary	subsidiary	NOUN
emaj-175	79	33	.	.	PUNCT
emaj-175	80	1	the	the	DET
emaj-175	80	2	"	"	PUNCT
emaj-175	80	3	eclectic	eclectic	ADJ
emaj-175	80	4	"	"	PUNCT
emaj-175	80	5	or	or	CCONJ
emaj-175	80	6	"	"	PUNCT
emaj-175	80	7	oli	oli	ADJ
emaj-175	80	8	paradigm	paradigm	NOUN
emaj-175	80	9	"	"	PUNCT
emaj-175	80	10	,	,	PUNCT
emaj-175	80	11	developed	develop	VERB
emaj-175	80	12	by	by	ADP
emaj-175	80	13	dunning	dun	VERB
emaj-175	80	14	in	in	ADP
emaj-175	80	15	the	the	DET
emaj-175	80	16	late	late	ADJ
emaj-175	80	17	1970s	1970	NOUN
emaj-175	80	18	,	,	PUNCT
emaj-175	80	19	has	have	AUX
emaj-175	80	20	been	be	AUX
emaj-175	80	21	the	the	DET
emaj-175	80	22	most	most	ADV
emaj-175	80	23	recognized	recognize	VERB
emaj-175	80	24	and	and	CCONJ
emaj-175	80	25	cited	cite	VERB
emaj-175	80	26	work	work	NOUN
emaj-175	80	27	than	than	ADP
emaj-175	80	28	other	other	ADJ
emaj-175	80	29	models	model	NOUN
emaj-175	80	30	in	in	ADP
emaj-175	80	31	terms	term	NOUN
emaj-175	80	32	of	of	ADP
emaj-175	80	33	explaining	explain	VERB
emaj-175	80	34	the	the	DET
emaj-175	80	35	fdis	fdi	NOUN
emaj-175	80	36	in	in	ADP
emaj-175	80	37	a	a	DET
emaj-175	80	38	more	more	ADV
emaj-175	80	39	holistic	holistic	ADJ
emaj-175	80	40	approach	approach	NOUN
emaj-175	80	41	compared	compare	VERB
emaj-175	80	42	to	to	ADP
emaj-175	80	43	aforementioned	aforementioned	ADJ
emaj-175	80	44	theories	theory	NOUN
emaj-175	80	45	based	base	VERB
emaj-175	80	46	on	on	ADP
emaj-175	80	47	market	market	NOUN
emaj-175	80	48	disruptions	disruption	NOUN
emaj-175	80	49	.	.	PUNCT
emaj-175	81	1	of	of	ADP
emaj-175	81	2	the	the	DET
emaj-175	81	3	initials	initial	NOUN
emaj-175	81	4	constituting	constitute	VERB
emaj-175	81	5	the	the	DET
emaj-175	81	6	model	model	NOUN
emaj-175	81	7	"	"	PUNCT
emaj-175	81	8	o	o	NOUN
emaj-175	81	9	"	"	PUNCT
emaj-175	81	10	represents	represent	VERB
emaj-175	81	11	ownership	ownership	NOUN
emaj-175	81	12	advantages	advantage	NOUN
emaj-175	81	13	,	,	PUNCT
emaj-175	81	14	"	"	PUNCT
emaj-175	81	15	l	l	NOUN
emaj-175	81	16	"	"	PUNCT
emaj-175	81	17	represents	represent	VERB
emaj-175	81	18	location	location	NOUN
emaj-175	81	19	specific	specific	ADJ
emaj-175	81	20	advantages	advantage	NOUN
emaj-175	81	21	,	,	PUNCT
emaj-175	81	22	and	and	CCONJ
emaj-175	81	23	"	"	PUNCT
emaj-175	81	24	i	i	PRON
emaj-175	81	25	"	"	PUNCT
emaj-175	81	26	represents	represent	VERB
emaj-175	81	27	internalization	internalization	NOUN
emaj-175	81	28	advantages	advantage	NOUN
emaj-175	81	29	.	.	PUNCT
emaj-175	82	1	according	accord	VERB
emaj-175	82	2	to	to	ADP
emaj-175	82	3	dunning	dun	VERB
emaj-175	82	4	,	,	PUNCT
emaj-175	82	5	fdi	fdi	NOUN
emaj-175	82	6	should	should	AUX
emaj-175	82	7	only	only	ADV
emaj-175	82	8	be	be	AUX
emaj-175	82	9	made	make	VERB
emaj-175	82	10	if	if	SCONJ
emaj-175	82	11	these	these	DET
emaj-175	82	12	advantages	advantage	NOUN
emaj-175	82	13	are	be	AUX
emaj-175	82	14	realized	realize	VERB
emaj-175	82	15	at	at	ADP
emaj-175	82	16	the	the	DET
emaj-175	82	17	same	same	ADJ
emaj-175	82	18	time	time	NOUN
emaj-175	82	19	.	.	PUNCT
emaj-175	83	1	ownership	ownership	NOUN
emaj-175	83	2	advantages	advantage	NOUN
emaj-175	83	3	include	include	VERB
emaj-175	83	4	leading	lead	VERB
emaj-175	83	5	-	-	PUNCT
emaj-175	83	6	edge	edge	NOUN
emaj-175	83	7	technologies	technology	NOUN
emaj-175	83	8	,	,	PUNCT
emaj-175	83	9	specialized	specialized	ADJ
emaj-175	83	10	manufacturing	manufacturing	NOUN
emaj-175	83	11	processes	process	NOUN
emaj-175	83	12	,	,	PUNCT
emaj-175	83	13	patents	patent	NOUN
emaj-175	83	14	,	,	PUNCT
emaj-175	83	15	and	and	CCONJ
emaj-175	83	16	managerial	managerial	ADJ
emaj-175	83	17	skills	skill	NOUN
emaj-175	83	18	.	.	PUNCT
emaj-175	84	1	locational	locational	ADJ
emaj-175	84	2	advantages	advantage	NOUN
emaj-175	84	3	such	such	ADJ
emaj-175	84	4	as	as	ADP
emaj-175	84	5	special	special	ADJ
emaj-175	84	6	tax	tax	NOUN
emaj-175	84	7	regimes	regime	NOUN
emaj-175	84	8	,	,	PUNCT
emaj-175	84	9	low	low	ADJ
emaj-175	84	10	production	production	NOUN
emaj-175	84	11	and	and	CCONJ
emaj-175	84	12	transportation	transportation	NOUN
emaj-175	84	13	costs	cost	NOUN
emaj-175	84	14	,	,	PUNCT
emaj-175	84	15	market	market	NOUN
emaj-175	84	16	size	size	NOUN
emaj-175	84	17	,	,	PUNCT
emaj-175	84	18	access	access	NOUN
emaj-175	84	19	to	to	ADP
emaj-175	84	20	protected	protect	VERB
emaj-175	84	21	markets	market	NOUN
emaj-175	84	22	and	and	CCONJ
emaj-175	84	23	low	low	ADJ
emaj-175	84	24	risk	risk	NOUN
emaj-175	84	25	are	be	AUX
emaj-175	84	26	considered	consider	VERB
emaj-175	84	27	important	important	ADJ
emaj-175	84	28	factors	factor	NOUN
emaj-175	84	29	for	for	ADP
emaj-175	84	30	the	the	DET
emaj-175	84	31	profitability	profitability	NOUN
emaj-175	84	32	of	of	ADP
emaj-175	84	33	the	the	DET
emaj-175	84	34	investment	investment	NOUN
emaj-175	84	35	.	.	PUNCT
emaj-175	85	1	finally	finally	ADV
emaj-175	85	2	,	,	PUNCT
emaj-175	85	3	risks	risk	NOUN
emaj-175	85	4	arising	arise	VERB
emaj-175	85	5	from	from	ADP
emaj-175	85	6	market	market	NOUN
emaj-175	85	7	failures	failure	NOUN
emaj-175	85	8	can	can	AUX
emaj-175	85	9	be	be	AUX
emaj-175	85	10	mitigated	mitigate	VERB
emaj-175	85	11	by	by	ADP
emaj-175	85	12	using	use	VERB
emaj-175	85	13	internalization	internalization	NOUN
emaj-175	85	14	advantages	advantage	NOUN
emaj-175	85	15	(	(	PUNCT
emaj-175	85	16	pedersen	pedersen	NOUN
emaj-175	85	17	,	,	PUNCT
emaj-175	85	18	2003	2003	NUM
emaj-175	85	19	)	)	PUNCT
emaj-175	85	20	.	.	PUNCT
emaj-175	86	1	looking	look	VERB
emaj-175	86	2	at	at	ADP
emaj-175	86	3	the	the	DET
emaj-175	86	4	underlying	underlie	VERB
emaj-175	86	5	motivation	motivation	NOUN
emaj-175	86	6	behind	behind	ADP
emaj-175	86	7	the	the	DET
emaj-175	86	8	investment	investment	NOUN
emaj-175	86	9	,	,	PUNCT
emaj-175	86	10	dunning	dun	VERB
emaj-175	86	11	(	(	PUNCT
emaj-175	86	12	1993	1993	NUM
emaj-175	86	13	)	)	PUNCT
emaj-175	86	14	proposes	propose	VERB
emaj-175	86	15	three	three	NUM
emaj-175	86	16	different	different	ADJ
emaj-175	86	17	types	type	NOUN
emaj-175	86	18	of	of	ADP
emaj-175	86	19	fdi	fdi	NOUN
emaj-175	86	20	:	:	PUNCT
emaj-175	86	21	market	market	NOUN
emaj-175	86	22	-	-	PUNCT
emaj-175	86	23	seeking	seeking	NOUN
emaj-175	86	24	,	,	PUNCT
emaj-175	86	25	resource	resource	NOUN
emaj-175	86	26	-	-	PUNCT
emaj-175	86	27	seeking	seeking	NOUN
emaj-175	86	28	,	,	PUNCT
emaj-175	86	29	and	and	CCONJ
emaj-175	86	30	efficiency	efficiency	NOUN
emaj-175	86	31	-	-	PUNCT
emaj-175	86	32	seeking	seeking	NOUN
emaj-175	86	33	.	.	PUNCT
emaj-175	87	1	according	accord	VERB
emaj-175	87	2	to	to	ADP
emaj-175	87	3	dunning	dun	VERB
emaj-175	87	4	,	,	PUNCT
emaj-175	87	5	the	the	DET
emaj-175	87	6	factors	factor	NOUN
emaj-175	87	7	that	that	PRON
emaj-175	87	8	investors	investor	NOUN
emaj-175	87	9	take	take	VERB
emaj-175	87	10	into	into	ADP
emaj-175	87	11	consideration	consideration	NOUN
emaj-175	87	12	when	when	SCONJ
emaj-175	87	13	choosing	choose	VERB
emaj-175	87	14	a	a	DET
emaj-175	87	15	country	country	NOUN
emaj-175	87	16	to	to	PART
emaj-175	87	17	invest	invest	VERB
emaj-175	87	18	will	will	AUX
emaj-175	87	19	vary	vary	VERB
emaj-175	87	20	according	accord	VERB
emaj-175	87	21	to	to	ADP
emaj-175	87	22	these	these	DET
emaj-175	87	23	three	three	NUM
emaj-175	87	24	types	type	NOUN
emaj-175	87	25	of	of	ADP
emaj-175	87	26	investment	investment	NOUN
emaj-175	87	27	.	.	PUNCT
emaj-175	88	1	for	for	ADP
emaj-175	88	2	example	example	NOUN
emaj-175	88	3	,	,	PUNCT
emaj-175	88	4	a	a	DET
emaj-175	88	5	market	market	NOUN
emaj-175	88	6	-	-	PUNCT
emaj-175	88	7	seeking	seeking	NOUN
emaj-175	88	8	(	(	PUNCT
emaj-175	88	9	also	also	ADV
emaj-175	88	10	called	call	VERB
emaj-175	88	11	horizontal	horizontal	ADJ
emaj-175	88	12	)	)	PUNCT
emaj-175	88	13	fdi	fdi	NOUN
emaj-175	88	14	whose	whose	DET
emaj-175	88	15	aim	aim	NOUN
emaj-175	88	16	is	be	AUX
emaj-175	88	17	to	to	PART
emaj-175	88	18	provide	provide	VERB
emaj-175	88	19	easy	easy	ADJ
emaj-175	88	20	access	access	NOUN
emaj-175	88	21	to	to	ADP
emaj-175	88	22	local	local	ADJ
emaj-175	88	23	and	and	CCONJ
emaj-175	88	24	regional	regional	ADJ
emaj-175	88	25	markets	market	NOUN
emaj-175	88	26	will	will	AUX
emaj-175	88	27	focus	focus	VERB
emaj-175	88	28	on	on	ADP
emaj-175	88	29	factors	factor	NOUN
emaj-175	88	30	such	such	ADJ
emaj-175	88	31	as	as	ADP
emaj-175	88	32	market	market	NOUN
emaj-175	88	33	size	size	NOUN
emaj-175	88	34	and	and	CCONJ
emaj-175	88	35	economic	economic	ADJ
emaj-175	88	36	growth	growth	NOUN
emaj-175	88	37	potential	potential	NOUN
emaj-175	88	38	of	of	ADP
emaj-175	88	39	the	the	DET
emaj-175	88	40	volume	volume	NOUN
emaj-175	88	41	9	9	NUM
emaj-175	88	42	no	no	DET
emaj-175	88	43	1	1	NUM
emaj-175	88	44	(	(	PUNCT
emaj-175	88	45	2019	2019	NUM
emaj-175	88	46	)	)	PUNCT
emaj-175	88	47	|	|	ADV
emaj-175	88	48	issn	issn	VERB
emaj-175	88	49	2158	2158	NUM
emaj-175	88	50	-	-	SYM
emaj-175	88	51	8708	8708	NUM
emaj-175	88	52	(	(	PUNCT
emaj-175	88	53	online	online	NOUN
emaj-175	88	54	)	)	PUNCT
emaj-175	88	55	|	|	ADV
emaj-175	88	56	doi	doi	X
emaj-175	88	57	10.5195	10.5195	NUM
emaj-175	88	58	/	/	SYM
emaj-175	88	59	emaj.2019.175	emaj.2019.175	NOUN
emaj-175	89	1	|	|	NOUN
emaj-175	89	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-175	89	3	determinants	determinant	NOUN
emaj-175	89	4	of	of	ADP
emaj-175	89	5	foreign	foreign	ADJ
emaj-175	89	6	direct	direct	ADJ
emaj-175	89	7	investment	investment	NOUN
emaj-175	89	8	:	:	PUNCT
emaj-175	89	9	a	a	DET
emaj-175	89	10	panel	panel	NOUN
emaj-175	89	11	data	data	VERB
emaj-175	89	12	analysis	analysis	NOUN
emaj-175	89	13	for	for	ADP
emaj-175	89	14	sub	sub	ADJ
emaj-175	89	15	-	-	ADJ
emaj-175	89	16	saharan	saharan	ADJ
emaj-175	89	17	african	african	ADJ
emaj-175	89	18	countries	country	NOUN
emaj-175	89	19	page	page	VERB
emaj-175	89	20	|82|	|82|	NOUN
emaj-175	89	21	emerging	emerge	VERB
emaj-175	89	22	markets	market	NOUN
emaj-175	89	23	journal	journal	NOUN
emaj-175	89	24	host	host	NOUN
emaj-175	89	25	country	country	NOUN
emaj-175	89	26	.	.	PUNCT
emaj-175	90	1	investors	investor	NOUN
emaj-175	90	2	will	will	AUX
emaj-175	90	3	consider	consider	VERB
emaj-175	90	4	investing	invest	VERB
emaj-175	90	5	directly	directly	ADV
emaj-175	90	6	,	,	PUNCT
emaj-175	90	7	especially	especially	ADV
emaj-175	90	8	in	in	ADP
emaj-175	90	9	situations	situation	NOUN
emaj-175	90	10	where	where	SCONJ
emaj-175	90	11	it	it	PRON
emaj-175	90	12	is	be	AUX
emaj-175	90	13	difficult	difficult	ADJ
emaj-175	90	14	to	to	PART
emaj-175	90	15	enter	enter	VERB
emaj-175	90	16	the	the	DET
emaj-175	90	17	country	country	NOUN
emaj-175	90	18	via	via	ADP
emaj-175	90	19	export	export	NOUN
emaj-175	90	20	due	due	ADP
emaj-175	90	21	to	to	ADP
emaj-175	90	22	high	high	ADJ
emaj-175	90	23	tariffs	tariff	NOUN
emaj-175	90	24	or	or	CCONJ
emaj-175	90	25	transportation	transportation	NOUN
emaj-175	90	26	costs	cost	NOUN
emaj-175	90	27	.	.	PUNCT
emaj-175	91	1	the	the	DET
emaj-175	91	2	main	main	ADJ
emaj-175	91	3	motivation	motivation	NOUN
emaj-175	91	4	of	of	ADP
emaj-175	91	5	the	the	DET
emaj-175	91	6	resource	resource	NOUN
emaj-175	91	7	-	-	PUNCT
emaj-175	91	8	seeking	seek	VERB
emaj-175	91	9	fdi	fdi	NOUN
emaj-175	91	10	is	be	AUX
emaj-175	91	11	to	to	PART
emaj-175	91	12	provide	provide	VERB
emaj-175	91	13	access	access	NOUN
emaj-175	91	14	to	to	ADP
emaj-175	91	15	natural	natural	ADJ
emaj-175	91	16	resources	resource	NOUN
emaj-175	91	17	(	(	PUNCT
emaj-175	91	18	natural	natural	ADJ
emaj-175	91	19	gas	gas	NOUN
emaj-175	91	20	,	,	PUNCT
emaj-175	91	21	oil	oil	NOUN
emaj-175	91	22	,	,	PUNCT
emaj-175	91	23	minerals	mineral	NOUN
emaj-175	91	24	etc	etc	X
emaj-175	91	25	.	.	X
emaj-175	91	26	)	)	PUNCT
emaj-175	91	27	,	,	PUNCT
emaj-175	91	28	raw	raw	ADJ
emaj-175	91	29	materials	material	NOUN
emaj-175	91	30	or	or	CCONJ
emaj-175	91	31	low	low	ADJ
emaj-175	91	32	-	-	PUNCT
emaj-175	91	33	cost	cost	NOUN
emaj-175	91	34	labor	labor	NOUN
emaj-175	91	35	in	in	ADP
emaj-175	91	36	the	the	DET
emaj-175	91	37	host	host	NOUN
emaj-175	91	38	country	country	NOUN
emaj-175	91	39	.	.	PUNCT
emaj-175	92	1	especially	especially	ADV
emaj-175	92	2	for	for	ADP
emaj-175	92	3	the	the	DET
emaj-175	92	4	multinational	multinational	ADJ
emaj-175	92	5	companies	company	NOUN
emaj-175	92	6	considering	consider	VERB
emaj-175	92	7	to	to	PART
emaj-175	92	8	invest	invest	VERB
emaj-175	92	9	in	in	ADP
emaj-175	92	10	the	the	DET
emaj-175	92	11	manufacturing	manufacturing	NOUN
emaj-175	92	12	sector	sector	NOUN
emaj-175	92	13	for	for	ADP
emaj-175	92	14	export	export	NOUN
emaj-175	92	15	purposes	purpose	NOUN
emaj-175	92	16	,	,	PUNCT
emaj-175	92	17	the	the	DET
emaj-175	92	18	factor	factor	NOUN
emaj-175	92	19	endwoments	endwoment	NOUN
emaj-175	92	20	in	in	ADP
emaj-175	92	21	the	the	DET
emaj-175	92	22	host	host	NOUN
emaj-175	92	23	country	country	NOUN
emaj-175	92	24	will	will	AUX
emaj-175	92	25	be	be	AUX
emaj-175	92	26	an	an	DET
emaj-175	92	27	important	important	ADJ
emaj-175	92	28	attraction	attraction	NOUN
emaj-175	92	29	factor	factor	NOUN
emaj-175	92	30	.	.	PUNCT
emaj-175	93	1	finally	finally	ADV
emaj-175	93	2	,	,	PUNCT
emaj-175	93	3	the	the	DET
emaj-175	93	4	efficiency	efficiency	NOUN
emaj-175	93	5	-	-	PUNCT
emaj-175	93	6	seeking	seek	VERB
emaj-175	93	7	fdi	fdi	NOUN
emaj-175	93	8	aims	aim	VERB
emaj-175	93	9	to	to	PART
emaj-175	93	10	benefit	benefit	VERB
emaj-175	93	11	from	from	ADP
emaj-175	93	12	the	the	DET
emaj-175	93	13	common	common	ADJ
emaj-175	93	14	management	management	NOUN
emaj-175	93	15	by	by	ADP
emaj-175	93	16	combining	combine	VERB
emaj-175	93	17	the	the	DET
emaj-175	93	18	geographically	geographically	ADV
emaj-175	93	19	dispersed	disperse	VERB
emaj-175	93	20	activities	activity	NOUN
emaj-175	93	21	of	of	ADP
emaj-175	93	22	the	the	DET
emaj-175	93	23	company	company	NOUN
emaj-175	93	24	in	in	ADP
emaj-175	93	25	one	one	NUM
emaj-175	93	26	country	country	NOUN
emaj-175	93	27	in	in	ADP
emaj-175	93	28	the	the	DET
emaj-175	93	29	presence	presence	NOUN
emaj-175	93	30	of	of	ADP
emaj-175	93	31	economies	economy	NOUN
emaj-175	93	32	of	of	ADP
emaj-175	93	33	scale	scale	NOUN
emaj-175	93	34	and	and	CCONJ
emaj-175	93	35	scope	scope	NOUN
emaj-175	93	36	.	.	PUNCT
emaj-175	94	1	unctad	unctad	PROPN
emaj-175	94	2	,	,	PUNCT
emaj-175	94	3	making	make	VERB
emaj-175	94	4	use	use	NOUN
emaj-175	94	5	of	of	ADP
emaj-175	94	6	also	also	ADV
emaj-175	94	7	the	the	DET
emaj-175	94	8	findings	finding	NOUN
emaj-175	94	9	of	of	ADP
emaj-175	94	10	dunning	dun	VERB
emaj-175	94	11	,	,	PUNCT
emaj-175	94	12	has	have	AUX
emaj-175	94	13	established	establish	VERB
emaj-175	94	14	a	a	DET
emaj-175	94	15	report	report	NOUN
emaj-175	94	16	in	in	ADP
emaj-175	94	17	1998	1998	NUM
emaj-175	94	18	defining	define	VERB
emaj-175	94	19	the	the	DET
emaj-175	94	20	host	host	NOUN
emaj-175	94	21	county	county	NOUN
emaj-175	94	22	determinants	determinant	NOUN
emaj-175	94	23	of	of	ADP
emaj-175	94	24	fdi	fdi	PROPN
emaj-175	94	25	.	.	PUNCT
emaj-175	95	1	below	below	ADP
emaj-175	95	2	figure	figure	NOUN
emaj-175	95	3	shows	show	VERB
emaj-175	95	4	the	the	DET
emaj-175	95	5	political	political	ADJ
emaj-175	95	6	,	,	PUNCT
emaj-175	95	7	economic	economic	ADJ
emaj-175	95	8	and	and	CCONJ
emaj-175	95	9	business	business	NOUN
emaj-175	95	10	environment	environment	NOUN
emaj-175	95	11	related	relate	VERB
emaj-175	95	12	determinants	determinant	NOUN
emaj-175	95	13	of	of	ADP
emaj-175	95	14	fdi	fdi	NOUN
emaj-175	95	15	in	in	ADP
emaj-175	95	16	the	the	DET
emaj-175	95	17	host	host	NOUN
emaj-175	95	18	country	country	NOUN
emaj-175	95	19	.	.	PUNCT
emaj-175	96	1	figure	figure	NOUN
emaj-175	96	2	1	1	NUM
emaj-175	96	3	.	.	PUNCT
emaj-175	97	1	host	host	NOUN
emaj-175	97	2	country	country	NOUN
emaj-175	97	3	determinants	determinant	NOUN
emaj-175	97	4	of	of	ADP
emaj-175	97	5	fdi	fdi	NOUN
emaj-175	97	6	source	source	NOUN
emaj-175	97	7	:	:	PUNCT
emaj-175	97	8	world	world	NOUN
emaj-175	97	9	investment	investment	NOUN
emaj-175	97	10	report	report	NOUN
emaj-175	97	11	1998	1998	NUM
emaj-175	97	12	:	:	PUNCT
emaj-175	97	13	trends	trend	NOUN
emaj-175	97	14	and	and	CCONJ
emaj-175	97	15	determinants	determinant	NOUN
emaj-175	97	16	,	,	PUNCT
emaj-175	97	17	table	table	NOUN
emaj-175	97	18	iv	iv	NUM
emaj-175	97	19	,	,	PUNCT
emaj-175	97	20	p.91	p.91	X
emaj-175	97	21	.	.	PUNCT
emaj-175	98	1	as	as	SCONJ
emaj-175	98	2	seen	see	VERB
emaj-175	98	3	in	in	ADP
emaj-175	98	4	figure	figure	NOUN
emaj-175	98	5	1	1	NUM
emaj-175	98	6	,	,	PUNCT
emaj-175	98	7	classification	classification	NOUN
emaj-175	98	8	of	of	ADP
emaj-175	98	9	fdi	fdi	NOUN
emaj-175	98	10	types	type	NOUN
emaj-175	98	11	of	of	ADP
emaj-175	98	12	unctad	unctad	NOUN
emaj-175	98	13	coincides	coincide	VERB
emaj-175	98	14	with	with	ADP
emaj-175	98	15	the	the	DET
emaj-175	98	16	model	model	NOUN
emaj-175	98	17	proposed	propose	VERB
emaj-175	98	18	by	by	ADP
emaj-175	98	19	dunning	dun	VERB
emaj-175	98	20	.	.	PUNCT
emaj-175	99	1	according	accord	VERB
emaj-175	99	2	to	to	ADP
emaj-175	99	3	unctad	unctad	PROPN
emaj-175	99	4	,	,	PUNCT
emaj-175	99	5	there	there	PRON
emaj-175	99	6	are	be	VERB
emaj-175	99	7	three	three	NUM
emaj-175	99	8	main	main	ADJ
emaj-175	99	9	factors	factor	NOUN
emaj-175	99	10	that	that	PRON
emaj-175	99	11	determine	determine	VERB
emaj-175	99	12	the	the	DET
emaj-175	99	13	decision	decision	NOUN
emaj-175	99	14	of	of	ADP
emaj-175	99	15	multinational	multinational	ADJ
emaj-175	99	16	companies	company	NOUN
emaj-175	99	17	in	in	ADP
emaj-175	99	18	which	which	DET
emaj-175	99	19	country	country	NOUN
emaj-175	99	20	to	to	PART
emaj-175	99	21	invest	invest	VERB
emaj-175	99	22	:	:	PUNCT
emaj-175	99	23	the	the	DET
emaj-175	99	24	policies	policy	NOUN
emaj-175	99	25	of	of	ADP
emaj-175	99	26	host	host	NOUN
emaj-175	99	27	countries	country	NOUN
emaj-175	99	28	,	,	PUNCT
emaj-175	99	29	the	the	DET
emaj-175	99	30	proactive	proactive	ADJ
emaj-175	99	31	measures	measure	NOUN
emaj-175	99	32	of	of	ADP
emaj-175	99	33	countries	country	NOUN
emaj-175	99	34	to	to	PART
emaj-175	99	35	stimulate	stimulate	VERB
emaj-175	99	36	and	and	CCONJ
emaj-175	99	37	facilitate	facilitate	VERB
emaj-175	99	38	investments	investment	NOUN
emaj-175	99	39	and	and	CCONJ
emaj-175	99	40	the	the	DET
emaj-175	99	41	characteristics	characteristic	NOUN
emaj-175	99	42	of	of	ADP
emaj-175	99	43	their	their	PRON
emaj-175	99	44	economies	economy	NOUN
emaj-175	99	45	.	.	PUNCT
emaj-175	100	1	therefore	therefore	ADV
emaj-175	100	2	,	,	PUNCT
emaj-175	100	3	investors	investor	NOUN
emaj-175	100	4	make	make	VERB
emaj-175	100	5	investment	investment	NOUN
emaj-175	100	6	decisions	decision	NOUN
emaj-175	100	7	by	by	ADP
emaj-175	100	8	taking	take	VERB
emaj-175	100	9	into	into	ADP
emaj-175	100	10	consideration	consideration	NOUN
emaj-175	100	11	many	many	ADJ
emaj-175	100	12	different	different	ADJ
emaj-175	100	13	variables	variable	NOUN
emaj-175	100	14	depending	depend	VERB
emaj-175	100	15	on	on	ADP
emaj-175	100	16	location	location	NOUN
emaj-175	100	17	,	,	PUNCT
emaj-175	100	18	type	type	NOUN
emaj-175	100	19	of	of	ADP
emaj-175	100	20	investment	investment	NOUN
emaj-175	100	21	and	and	CCONJ
emaj-175	100	22	the	the	DET
emaj-175	100	23	investment	investment	NOUN
emaj-175	100	24	strategy	strategy	NOUN
emaj-175	100	25	(	(	PUNCT
emaj-175	100	26	unctad	unctad	PROPN
emaj-175	100	27	,	,	PUNCT
emaj-175	100	28	1998	1998	NUM
emaj-175	100	29	)	)	PUNCT
emaj-175	100	30	.	.	PUNCT
emaj-175	101	1	iii	iii	X
emaj-175	101	2	.	.	PUNCT
emaj-175	102	1	the	the	DET
emaj-175	102	2	determinants	determinant	NOUN
emaj-175	102	3	of	of	ADP
emaj-175	102	4	fdi	fdi	NOUN
emaj-175	102	5	:	:	PUNCT
emaj-175	102	6	empirical	empirical	ADJ
emaj-175	102	7	literature	literature	NOUN
emaj-175	102	8	most	most	ADJ
emaj-175	102	9	of	of	ADP
emaj-175	102	10	the	the	DET
emaj-175	102	11	empirical	empirical	ADJ
emaj-175	102	12	studies	study	NOUN
emaj-175	102	13	for	for	ADP
emaj-175	102	14	africa	africa	PROPN
emaj-175	102	15	have	have	AUX
emaj-175	102	16	focused	focus	VERB
emaj-175	102	17	mostly	mostly	ADV
emaj-175	102	18	on	on	ADP
emaj-175	102	19	the	the	DET
emaj-175	102	20	natural	natural	ADJ
emaj-175	102	21	resource	resource	NOUN
emaj-175	102	22	variable	variable	NOUN
emaj-175	102	23	,	,	PUNCT
emaj-175	102	24	assuming	assume	VERB
emaj-175	102	25	that	that	SCONJ
emaj-175	102	26	fdi	fdi	NOUN
emaj-175	102	27	inflows	inflow	NOUN
emaj-175	102	28	are	be	AUX
emaj-175	102	29	resource	resource	NOUN
emaj-175	102	30	-	-	PUNCT
emaj-175	102	31	seeking	seeking	NOUN
emaj-175	102	32	.	.	PUNCT
emaj-175	103	1	therefore	therefore	ADV
emaj-175	103	2	,	,	PUNCT
emaj-175	103	3	most	most	ADV
emaj-175	103	4	empirical	empirical	ADJ
emaj-175	103	5	literature	literature	NOUN
emaj-175	103	6	has	have	AUX
emaj-175	103	7	not	not	PART
emaj-175	103	8	adequately	adequately	ADV
emaj-175	103	9	considered	consider	VERB
emaj-175	103	10	the	the	DET
emaj-175	103	11	impact	impact	NOUN
emaj-175	103	12	of	of	ADP
emaj-175	103	13	factors	factor	NOUN
emaj-175	103	14	such	such	ADJ
emaj-175	103	15	as	as	ADP
emaj-175	103	16	the	the	DET
emaj-175	103	17	availability	availability	NOUN
emaj-175	103	18	of	of	ADP
emaj-175	103	19	credit	credit	NOUN
emaj-175	103	20	,	,	PUNCT
emaj-175	103	21	trade	trade	NOUN
emaj-175	103	22	openness	openness	NOUN
emaj-175	103	23	,	,	PUNCT
emaj-175	103	24	telecommunication	telecommunication	NOUN
emaj-175	103	25	infrastructure	infrastructure	NOUN
emaj-175	103	26	,	,	PUNCT
emaj-175	103	27	and	and	CCONJ
emaj-175	103	28	macroeconomic	macroeconomic	ADJ
emaj-175	103	29	stability	stability	NOUN
emaj-175	103	30	.	.	PUNCT
emaj-175	104	1	there	there	PRON
emaj-175	104	2	exists	exist	VERB
emaj-175	104	3	an	an	DET
emaj-175	104	4	extensive	extensive	ADJ
emaj-175	104	5	literature	literature	NOUN
emaj-175	104	6	on	on	ADP
emaj-175	104	7	determinants	determinant	NOUN
emaj-175	104	8	of	of	ADP
emaj-175	104	9	fdi	fdi	NOUN
emaj-175	104	10	inflows	inflow	NOUN
emaj-175	104	11	.	.	PUNCT
emaj-175	105	1	in	in	ADP
emaj-175	105	2	this	this	DET
emaj-175	105	3	section	section	NOUN
emaj-175	105	4	of	of	ADP
emaj-175	105	5	the	the	DET
emaj-175	105	6	paper	paper	NOUN
emaj-175	105	7	,	,	PUNCT
emaj-175	105	8	particularly	particularly	ADV
emaj-175	105	9	the	the	DET
emaj-175	105	10	studies	study	NOUN
emaj-175	105	11	used	use	VERB
emaj-175	105	12	similar	similar	ADJ
emaj-175	105	13	independent	independent	ADJ
emaj-175	105	14	variables	variable	NOUN
emaj-175	105	15	in	in	ADP
emaj-175	105	16	this	this	DET
emaj-175	105	17	research	research	NOUN
emaj-175	105	18	included	include	VERB
emaj-175	105	19	.	.	PUNCT
emaj-175	106	1	asiedu	asiedu	PROPN
emaj-175	106	2	(	(	PUNCT
emaj-175	106	3	2002	2002	NUM
emaj-175	106	4	)	)	PUNCT
emaj-175	106	5	,	,	PUNCT
emaj-175	106	6	using	use	VERB
emaj-175	106	7	data	datum	NOUN
emaj-175	106	8	from	from	ADP
emaj-175	106	9	32	32	NUM
emaj-175	106	10	developing	develop	VERB
emaj-175	106	11	countries	country	NOUN
emaj-175	106	12	for	for	ADP
emaj-175	106	13	the	the	DET
emaj-175	106	14	period	period	NOUN
emaj-175	106	15	1970	1970	NUM
emaj-175	106	16	-	-	SYM
emaj-175	106	17	1999	1999	NUM
emaj-175	106	18	,	,	PUNCT
emaj-175	106	19	examined	examine	VERB
emaj-175	106	20	the	the	DET
emaj-175	106	21	factors	factor	NOUN
emaj-175	106	22	that	that	PRON
emaj-175	106	23	determine	determine	VERB
emaj-175	106	24	fdi	fdi	NOUN
emaj-175	106	25	in	in	ADP
emaj-175	106	26	developing	develop	VERB
emaj-175	106	27	countries	country	NOUN
emaj-175	106	28	,	,	PUNCT
emaj-175	106	29	making	make	VERB
emaj-175	106	30	a	a	DET
emaj-175	106	31	distinction	distinction	NOUN
emaj-175	106	32	between	between	ADP
emaj-175	106	33	sub	sub	ADJ
emaj-175	106	34	-	-	ADJ
emaj-175	106	35	saharan	saharan	ADJ
emaj-175	106	36	african	african	ADJ
emaj-175	106	37	and	and	CCONJ
emaj-175	106	38	non	non	ADJ
emaj-175	106	39	subsaharan	subsaharan	ADJ
emaj-175	106	40	african	african	ADJ
emaj-175	106	41	countries	country	NOUN
emaj-175	106	42	.	.	PUNCT
emaj-175	107	1	the	the	DET
emaj-175	107	2	study	study	NOUN
emaj-175	107	3	revealed	reveal	VERB
emaj-175	107	4	a	a	DET
emaj-175	107	5	welldeveloped	welldevelope	VERB
emaj-175	107	6	infrastructure	infrastructure	NOUN
emaj-175	107	7	and	and	CCONJ
emaj-175	107	8	the	the	DET
emaj-175	107	9	greater	great	ADJ
emaj-175	107	10	return	return	NOUN
emaj-175	107	11	on	on	ADP
emaj-175	107	12	capital	capital	NOUN
emaj-175	107	13	determines	determine	VERB
emaj-175	107	14	the	the	DET
emaj-175	107	15	fdi	fdi	NOUN
emaj-175	107	16	in	in	ADP
emaj-175	107	17	non	non	ADJ
emaj-175	107	18	sub	sub	ADJ
emaj-175	107	19	-	-	ADJ
emaj-175	107	20	saharan	saharan	ADJ
emaj-175	107	21	african	african	ADJ
emaj-175	107	22	countries	country	NOUN
emaj-175	107	23	,	,	PUNCT
emaj-175	107	24	while	while	SCONJ
emaj-175	107	25	openness	openness	NOUN
emaj-175	107	26	is	be	AUX
emaj-175	107	27	a	a	DET
emaj-175	107	28	good	good	ADJ
emaj-175	107	29	predictor	predictor	NOUN
emaj-175	107	30	of	of	ADP
emaj-175	107	31	fdi	fdi	PROPN
emaj-175	107	32	for	for	ADP
emaj-175	107	33	both	both	DET
emaj-175	107	34	groups	group	NOUN
emaj-175	107	35	of	of	ADP
emaj-175	107	36	developing	develop	VERB
emaj-175	107	37	countries	country	NOUN
emaj-175	107	38	.	.	PUNCT
emaj-175	108	1	onyeiwu	onyeiwu	PROPN
emaj-175	108	2	and	and	CCONJ
emaj-175	108	3	shrestha	shrestha	PROPN
emaj-175	108	4	(	(	PUNCT
emaj-175	108	5	2004	2004	NUM
emaj-175	108	6	)	)	PUNCT
emaj-175	108	7	described	describe	VERB
emaj-175	108	8	economic	economic	ADJ
emaj-175	108	9	growth	growth	NOUN
emaj-175	108	10	,	,	PUNCT
emaj-175	108	11	openness	openness	NOUN
emaj-175	108	12	of	of	ADP
emaj-175	108	13	the	the	DET
emaj-175	108	14	economy	economy	NOUN
emaj-175	108	15	,	,	PUNCT
emaj-175	108	16	international	international	ADJ
emaj-175	108	17	reserves	reserve	NOUN
emaj-175	108	18	and	and	CCONJ
emaj-175	108	19	the	the	DET
emaj-175	108	20	availability	availability	NOUN
emaj-175	108	21	of	of	ADP
emaj-175	108	22	natural	natural	ADJ
emaj-175	108	23	resources	resource	NOUN
emaj-175	108	24	as	as	ADP
emaj-175	108	25	determinants	determinant	NOUN
emaj-175	108	26	of	of	ADP
emaj-175	108	27	fdi	fdi	NOUN
emaj-175	108	28	for	for	ADP
emaj-175	108	29	29	29	NUM
emaj-175	108	30	african	african	ADJ
emaj-175	108	31	countries	country	NOUN
emaj-175	108	32	in	in	ADP
emaj-175	108	33	the	the	DET
emaj-175	108	34	period	period	NOUN
emaj-175	108	35	of	of	ADP
emaj-175	108	36	1975	1975	NUM
emaj-175	108	37	-	-	SYM
emaj-175	108	38	1999	1999	NUM
emaj-175	108	39	.	.	PUNCT
emaj-175	109	1	in	in	ADP
emaj-175	109	2	addition	addition	NOUN
emaj-175	109	3	,	,	PUNCT
emaj-175	109	4	unlike	unlike	ADP
emaj-175	109	5	other	other	ADJ
emaj-175	109	6	studies	study	NOUN
emaj-175	109	7	,	,	PUNCT
emaj-175	109	8	they	they	PRON
emaj-175	109	9	concluded	conclude	VERB
emaj-175	109	10	that	that	SCONJ
emaj-175	109	11	political	political	ADJ
emaj-175	109	12	rights	right	NOUN
emaj-175	109	13	and	and	CCONJ
emaj-175	109	14	infrastructure	infrastructure	NOUN
emaj-175	109	15	are	be	AUX
emaj-175	109	16	not	not	PART
emaj-175	109	17	important	important	ADJ
emaj-175	109	18	indicators	indicator	NOUN
emaj-175	109	19	of	of	ADP
emaj-175	109	20	fdi	fdi	NOUN
emaj-175	109	21	inflows	inflow	NOUN
emaj-175	109	22	to	to	ADP
emaj-175	109	23	africa	africa	PROPN
emaj-175	109	24	.	.	PUNCT
emaj-175	110	1	in	in	ADP
emaj-175	110	2	the	the	DET
emaj-175	110	3	study	study	NOUN
emaj-175	110	4	conducted	conduct	VERB
emaj-175	110	5	by	by	ADP
emaj-175	110	6	erkisi	erkisi	NOUN
emaj-175	110	7	and	and	CCONJ
emaj-175	110	8	ceyhan	ceyhan	PROPN
emaj-175	110	9	(	(	PUNCT
emaj-175	110	10	2019	2019	NUM
emaj-175	110	11	)	)	PUNCT
emaj-175	110	12	to	to	PART
emaj-175	110	13	investigate	investigate	VERB
emaj-175	110	14	the	the	DET
emaj-175	110	15	relationship	relationship	NOUN
emaj-175	110	16	between	between	ADP
emaj-175	110	17	trade	trade	NOUN
emaj-175	110	18	liberalization	liberalization	NOUN
emaj-175	110	19	and	and	CCONJ
emaj-175	110	20	economic	economic	ADJ
emaj-175	110	21	growth	growth	NOUN
emaj-175	110	22	in	in	ADP
emaj-175	110	23	transition	transition	NOUN
emaj-175	110	24	economies	economy	NOUN
emaj-175	110	25	,	,	PUNCT
emaj-175	110	26	it	it	PRON
emaj-175	110	27	was	be	AUX
emaj-175	110	28	concluded	conclude	VERB
emaj-175	110	29	that	that	SCONJ
emaj-175	110	30	economic	economic	ADJ
emaj-175	110	31	growth	growth	NOUN
emaj-175	110	32	has	have	VERB
emaj-175	110	33	an	an	DET
emaj-175	110	34	impact	impact	NOUN
emaj-175	110	35	on	on	ADP
emaj-175	110	36	fdi	fdi	NOUN
emaj-175	110	37	in	in	ADP
emaj-175	110	38	the	the	DET
emaj-175	110	39	short	short	ADJ
emaj-175	110	40	-	-	PUNCT
emaj-175	110	41	run	run	NOUN
emaj-175	110	42	,	,	PUNCT
emaj-175	110	43	however	however	ADV
emaj-175	110	44	it	it	PRON
emaj-175	110	45	reduces	reduce	VERB
emaj-175	110	46	the	the	DET
emaj-175	110	47	fdi	fdi	NOUN
emaj-175	110	48	in	in	ADP
emaj-175	110	49	the	the	DET
emaj-175	110	50	long	long	ADV
emaj-175	110	51	-	-	PUNCT
emaj-175	110	52	run	run	NOUN
emaj-175	110	53	.	.	PUNCT
emaj-175	111	1	in	in	ADP
emaj-175	111	2	the	the	DET
emaj-175	111	3	research	research	NOUN
emaj-175	111	4	carried	carry	VERB
emaj-175	111	5	out	out	ADP
emaj-175	111	6	by	by	ADP
emaj-175	111	7	erkişi	erkişi	NOUN
emaj-175	111	8	(	(	PUNCT
emaj-175	111	9	2018	2018	NUM
emaj-175	111	10	)	)	PUNCT
emaj-175	111	11	to	to	PART
emaj-175	111	12	explore	explore	VERB
emaj-175	111	13	the	the	DET
emaj-175	111	14	causal	causal	ADJ
emaj-175	111	15	relationship	relationship	NOUN
emaj-175	111	16	between	between	ADP
emaj-175	111	17	fdi	fdi	PROPN
emaj-175	111	18	,	,	PUNCT
emaj-175	111	19	trade	trade	NOUN
emaj-175	111	20	openness	openness	NOUN
emaj-175	111	21	and	and	CCONJ
emaj-175	111	22	economic	economic	ADJ
emaj-175	111	23	growth	growth	NOUN
emaj-175	111	24	in	in	ADP
emaj-175	111	25	turkey	turkey	NOUN
emaj-175	111	26	,	,	PUNCT
emaj-175	111	27	economic	economic	ADJ
emaj-175	111	28	growth	growth	NOUN
emaj-175	111	29	,	,	PUNCT
emaj-175	111	30	export	export	NOUN
emaj-175	111	31	,	,	PUNCT
emaj-175	111	32	and	and	CCONJ
emaj-175	111	33	import	import	NOUN
emaj-175	111	34	were	be	AUX
emaj-175	111	35	not	not	PART
emaj-175	111	36	found	find	VERB
emaj-175	111	37	to	to	PART
emaj-175	111	38	be	be	AUX
emaj-175	111	39	the	the	DET
emaj-175	111	40	granger	granger	PROPN
emaj-175	111	41	cause	cause	NOUN
emaj-175	111	42	of	of	ADP
emaj-175	111	43	fdi	fdi	NOUN
emaj-175	111	44	.	.	PUNCT
emaj-175	112	1	the	the	DET
emaj-175	112	2	empirical	empirical	ADJ
emaj-175	112	3	literature	literature	NOUN
emaj-175	112	4	measuring	measure	VERB
emaj-175	112	5	the	the	DET
emaj-175	112	6	impact	impact	NOUN
emaj-175	112	7	of	of	ADP
emaj-175	112	8	natural	natural	ADJ
emaj-175	112	9	resource	resource	NOUN
emaj-175	112	10	endowments	endowment	NOUN
emaj-175	112	11	on	on	ADP
emaj-175	112	12	fdi	fdi	NOUN
emaj-175	112	13	reveals	reveal	VERB
emaj-175	112	14	contradictory	contradictory	ADJ
emaj-175	112	15	results	result	NOUN
emaj-175	112	16	.	.	PUNCT
emaj-175	113	1	asiedu	asiedu	PROPN
emaj-175	113	2	(	(	PUNCT
emaj-175	113	3	2006	2006	NUM
emaj-175	113	4	)	)	PUNCT
emaj-175	113	5	,	,	PUNCT
emaj-175	113	6	using	use	VERB
emaj-175	113	7	the	the	DET
emaj-175	113	8	panel	panel	NOUN
emaj-175	113	9	data	datum	NOUN
emaj-175	113	10	analysis	analysis	NOUN
emaj-175	113	11	showed	show	VERB
emaj-175	113	12	that	that	SCONJ
emaj-175	113	13	natural	natural	ADJ
emaj-175	113	14	resource	resource	NOUN
emaj-175	113	15	endowments	endowment	NOUN
emaj-175	113	16	and	and	CCONJ
emaj-175	113	17	the	the	DET
emaj-175	113	18	big	big	ADJ
emaj-175	113	19	domestic	domestic	ADJ
emaj-175	113	20	market	market	NOUN
emaj-175	113	21	support	support	NOUN
emaj-175	113	22	fdi	fdi	NOUN
emaj-175	113	23	inflows	inflow	NOUN
emaj-175	113	24	to	to	ADP
emaj-175	113	25	africa	africa	PROPN
emaj-175	113	26	.	.	PUNCT
emaj-175	114	1	on	on	ADP
emaj-175	114	2	the	the	DET
emaj-175	114	3	other	other	ADJ
emaj-175	114	4	hand	hand	NOUN
emaj-175	114	5	,	,	PUNCT
emaj-175	114	6	basu	basu	PROPN
emaj-175	114	7	and	and	CCONJ
emaj-175	114	8	srinivasan	srinivasan	PROPN
emaj-175	114	9	(	(	PUNCT
emaj-175	114	10	2002	2002	NUM
emaj-175	114	11	)	)	PUNCT
emaj-175	114	12	found	find	VERB
emaj-175	114	13	that	that	SCONJ
emaj-175	114	14	some	some	DET
emaj-175	114	15	countries	country	NOUN
emaj-175	114	16	in	in	ADP
emaj-175	114	17	africa	africa	PROPN
emaj-175	114	18	could	could	AUX
emaj-175	114	19	attract	attract	VERB
emaj-175	114	20	fdi	fdi	NOUN
emaj-175	114	21	not	not	PART
emaj-175	114	22	only	only	ADV
emaj-175	114	23	due	due	ADJ
emaj-175	114	24	to	to	ADP
emaj-175	114	25	natural	natural	ADJ
emaj-175	114	26	resources	resource	NOUN
emaj-175	114	27	,	,	PUNCT
emaj-175	114	28	but	but	CCONJ
emaj-175	114	29	also	also	ADV
emaj-175	114	30	through	through	ADP
emaj-175	114	31	business	business	NOUN
emaj-175	114	32	climate	climate	NOUN
emaj-175	114	33	improvement	improvement	NOUN
emaj-175	114	34	efforts	effort	NOUN
emaj-175	114	35	and	and	CCONJ
emaj-175	114	36	image	image	NOUN
emaj-175	114	37	development	development	NOUN
emaj-175	114	38	campaigns	campaign	NOUN
emaj-175	114	39	.	.	PUNCT
emaj-175	115	1	asiedu	asiedu	PROPN
emaj-175	115	2	and	and	CCONJ
emaj-175	115	3	lien	lien	PROPN
emaj-175	115	4	(	(	PUNCT
emaj-175	115	5	2011	2011	NUM
emaj-175	115	6	)	)	PUNCT
emaj-175	115	7	using	use	VERB
emaj-175	115	8	a	a	DET
emaj-175	115	9	dynamic	dynamic	ADJ
emaj-175	115	10	panel	panel	NOUN
emaj-175	115	11	model	model	NOUN
emaj-175	115	12	analysis	analysis	NOUN
emaj-175	115	13	revealed	reveal	VERB
emaj-175	115	14	that	that	SCONJ
emaj-175	115	15	,	,	PUNCT
emaj-175	115	16	the	the	DET
emaj-175	115	17	intensity	intensity	NOUN
emaj-175	115	18	of	of	ADP
emaj-175	115	19	natural	natural	ADJ
emaj-175	115	20	resource	resource	NOUN
emaj-175	115	21	exports	export	NOUN
emaj-175	115	22	negatively	negatively	ADV
emaj-175	115	23	impacts	impact	VERB
emaj-175	115	24	the	the	DET
emaj-175	115	25	fdi	fdi	NOUN
emaj-175	115	26	inflows	inflow	NOUN
emaj-175	115	27	.	.	PUNCT
emaj-175	116	1	research	research	NOUN
emaj-175	116	2	conducted	conduct	VERB
emaj-175	116	3	by	by	ADP
emaj-175	116	4	wadhwa	wadhwa	PROPN
emaj-175	116	5	and	and	CCONJ
emaj-175	116	6	reddy	reddy	PROPN
emaj-175	116	7	(	(	PUNCT
emaj-175	116	8	2011	2011	NUM
emaj-175	116	9	)	)	PUNCT
emaj-175	116	10	,	,	PUNCT
emaj-175	116	11	udoh	udoh	VERB
emaj-175	116	12	and	and	CCONJ
emaj-175	116	13	egwaikhide	egwaikhide	NOUN
emaj-175	116	14	(	(	PUNCT
emaj-175	116	15	2008	2008	NUM
emaj-175	116	16	)	)	PUNCT
emaj-175	116	17	and	and	CCONJ
emaj-175	116	18	ahn	ahn	PROPN
emaj-175	116	19	,	,	PUNCT
emaj-175	116	20	adji	adji	NOUN
emaj-175	116	21	and	and	CCONJ
emaj-175	116	22	willet	willet	PROPN
emaj-175	116	23	(	(	PUNCT
emaj-175	116	24	1998	1998	NUM
emaj-175	116	25	)	)	PUNCT
emaj-175	116	26	revealed	reveal	VERB
emaj-175	116	27	a	a	DET
emaj-175	116	28	negative	negative	ADJ
emaj-175	116	29	relationship	relationship	NOUN
emaj-175	116	30	between	between	ADP
emaj-175	116	31	inflation	inflation	NOUN
emaj-175	116	32	and	and	CCONJ
emaj-175	116	33	fdi	fdi	NOUN
emaj-175	116	34	inflows	inflow	NOUN
emaj-175	116	35	.	.	PUNCT
emaj-175	117	1	the	the	DET
emaj-175	117	2	reason	reason	NOUN
emaj-175	117	3	behind	behind	ADP
emaj-175	117	4	this	this	DET
emaj-175	117	5	negative	negative	ADJ
emaj-175	117	6	relationship	relationship	NOUN
emaj-175	117	7	is	be	AUX
emaj-175	117	8	due	due	ADJ
emaj-175	117	9	to	to	ADP
emaj-175	117	10	the	the	DET
emaj-175	117	11	fact	fact	NOUN
emaj-175	117	12	that	that	SCONJ
emaj-175	117	13	,	,	PUNCT
emaj-175	117	14	inflation	inflation	NOUN
emaj-175	117	15	is	be	AUX
emaj-175	117	16	seen	see	VERB
emaj-175	117	17	as	as	ADP
emaj-175	117	18	a	a	DET
emaj-175	117	19	macroeconomic	macroeconomic	ADJ
emaj-175	117	20	instability	instability	NOUN
emaj-175	117	21	which	which	PRON
emaj-175	117	22	constitutes	constitute	VERB
emaj-175	117	23	a	a	DET
emaj-175	117	24	potential	potential	ADJ
emaj-175	117	25	risk	risk	NOUN
emaj-175	117	26	for	for	ADP
emaj-175	117	27	the	the	DET
emaj-175	117	28	foreign	foreign	ADJ
emaj-175	117	29	investors	investor	NOUN
emaj-175	117	30	.	.	PUNCT
emaj-175	118	1	using	use	VERB
emaj-175	118	2	time	time	NOUN
emaj-175	118	3	series	series	PROPN
emaj-175	118	4	data	datum	NOUN
emaj-175	118	5	for	for	ADP
emaj-175	118	6	the	the	DET
emaj-175	118	7	period	period	NOUN
emaj-175	118	8	1960	1960	NUM
emaj-175	118	9	-	-	SYM
emaj-175	118	10	2005	2005	NUM
emaj-175	118	11	,	,	PUNCT
emaj-175	118	12	ang	ang	PROPN
emaj-175	118	13	(	(	PUNCT
emaj-175	118	14	2008	2008	NUM
emaj-175	118	15	)	)	PUNCT
emaj-175	118	16	examined	examine	VERB
emaj-175	118	17	the	the	DET
emaj-175	118	18	determinants	determinant	NOUN
emaj-175	118	19	of	of	ADP
emaj-175	118	20	fdi	fdi	NOUN
emaj-175	118	21	inflows	inflow	NOUN
emaj-175	118	22	to	to	ADP
emaj-175	118	23	malaysia	malaysia	PROPN
emaj-175	118	24	.	.	PUNCT
emaj-175	119	1	based	base	VERB
emaj-175	119	2	on	on	ADP
emaj-175	119	3	the	the	DET
emaj-175	119	4	findings	finding	NOUN
emaj-175	119	5	,	,	PUNCT
emaj-175	119	6	the	the	DET
emaj-175	119	7	author	author	NOUN
emaj-175	119	8	concludes	conclude	VERB
emaj-175	119	9	that	that	SCONJ
emaj-175	119	10	financial	financial	ADJ
emaj-175	119	11	development	development	NOUN
emaj-175	119	12	,	,	PUNCT
emaj-175	119	13	infrastructure	infrastructure	NOUN
emaj-175	119	14	development	development	NOUN
emaj-175	119	15	and	and	CCONJ
emaj-175	119	16	openness	openness	NOUN
emaj-175	119	17	encourage	encourage	VERB
emaj-175	119	18	fdi	fdi	NOUN
emaj-175	119	19	inflows	inflow	NOUN
emaj-175	119	20	.	.	PUNCT
emaj-175	120	1	this	this	PRON
emaj-175	120	2	means	mean	VERB
emaj-175	120	3	that	that	SCONJ
emaj-175	120	4	,	,	PUNCT
emaj-175	120	5	trade	trade	NOUN
emaj-175	120	6	liberalization	liberalization	NOUN
emaj-175	120	7	leads	lead	VERB
emaj-175	120	8	to	to	ADP
emaj-175	120	9	more	more	ADJ
emaj-175	120	10	fdi	fdi	NOUN
emaj-175	120	11	inflows	inflow	NOUN
emaj-175	120	12	in	in	ADP
emaj-175	120	13	a	a	DET
emaj-175	120	14	host	host	NOUN
emaj-175	120	15	country	country	NOUN
emaj-175	120	16	.	.	PUNCT
emaj-175	121	1	the	the	DET
emaj-175	121	2	findings	finding	NOUN
emaj-175	121	3	of	of	ADP
emaj-175	121	4	this	this	DET
emaj-175	121	5	study	study	NOUN
emaj-175	121	6	were	be	AUX
emaj-175	121	7	also	also	ADV
emaj-175	121	8	confirmed	confirm	VERB
emaj-175	121	9	by	by	ADP
emaj-175	121	10	neumayer	neumayer	NOUN
emaj-175	121	11	and	and	CCONJ
emaj-175	121	12	de	de	X
emaj-175	121	13	soysa	soysa	PROPN
emaj-175	121	14	(	(	PUNCT
emaj-175	121	15	2005	2005	NUM
emaj-175	121	16	)	)	PUNCT
emaj-175	121	17	,	,	PUNCT
emaj-175	121	18	who	who	PRON
emaj-175	121	19	indicated	indicate	VERB
emaj-175	121	20	that	that	SCONJ
emaj-175	121	21	the	the	DET
emaj-175	121	22	fdi	fdi	NOUN
emaj-175	121	23	inflows	inflow	NOUN
emaj-175	121	24	of	of	ADP
emaj-175	121	25	the	the	DET
emaj-175	121	26	countries	country	NOUN
emaj-175	121	27	were	be	AUX
emaj-175	121	28	higher	high	ADJ
emaj-175	121	29	in	in	ADP
emaj-175	121	30	countries	country	NOUN
emaj-175	121	31	where	where	SCONJ
emaj-175	121	32	the	the	DET
emaj-175	121	33	trade	trade	NOUN
emaj-175	121	34	openness	openness	NOUN
emaj-175	121	35	is	be	AUX
emaj-175	121	36	high	high	ADJ
emaj-175	121	37	.	.	PUNCT
emaj-175	122	1	demirhan	demirhan	ADV
emaj-175	122	2	and	and	CCONJ
emaj-175	122	3	masca	masca	PROPN
emaj-175	122	4	(	(	PUNCT
emaj-175	122	5	2008	2008	NUM
emaj-175	122	6	)	)	PUNCT
emaj-175	122	7	analyzed	analyze	VERB
emaj-175	122	8	the	the	DET
emaj-175	122	9	determinants	determinant	NOUN
emaj-175	122	10	of	of	ADP
emaj-175	122	11	fdi	fdi	NOUN
emaj-175	122	12	inflows	inflow	NOUN
emaj-175	122	13	in	in	ADP
emaj-175	122	14	38	38	NUM
emaj-175	122	15	developing	develop	VERB
emaj-175	122	16	countries	country	NOUN
emaj-175	122	17	for	for	ADP
emaj-175	122	18	the	the	DET
emaj-175	122	19	period	period	NOUN
emaj-175	122	20	of	of	ADP
emaj-175	122	21	2000	2000	NUM
emaj-175	122	22	-	-	SYM
emaj-175	122	23	2004	2004	NUM
emaj-175	122	24	using	use	VERB
emaj-175	122	25	an	an	DET
emaj-175	122	26	econometric	econometric	ADJ
emaj-175	122	27	model	model	NOUN
emaj-175	122	28	based	base	VERB
emaj-175	122	29	on	on	ADP
emaj-175	122	30	cross	cross	ADJ
emaj-175	122	31	-	-	ADJ
emaj-175	122	32	sectional	sectional	ADJ
emaj-175	122	33	analysis	analysis	NOUN
emaj-175	122	34	.	.	PUNCT
emaj-175	123	1	the	the	DET
emaj-175	123	2	findings	finding	NOUN
emaj-175	123	3	of	of	ADP
emaj-175	123	4	the	the	DET
emaj-175	123	5	study	study	NOUN
emaj-175	123	6	revealed	reveal	VERB
emaj-175	123	7	a	a	DET
emaj-175	123	8	significant	significant	ADJ
emaj-175	123	9	and	and	CCONJ
emaj-175	123	10	positive	positive	ADJ
emaj-175	123	11	relationship	relationship	NOUN
emaj-175	123	12	between	between	ADP
emaj-175	123	13	the	the	DET
emaj-175	123	14	growth	growth	NOUN
emaj-175	123	15	rate	rate	NOUN
emaj-175	123	16	in	in	ADP
emaj-175	123	17	gross	gross	ADJ
emaj-175	123	18	domestic	domestic	ADJ
emaj-175	123	19	product	product	NOUN
emaj-175	123	20	(	(	PUNCT
emaj-175	123	21	gdp	gdp	NOUN
emaj-175	123	22	)	)	PUNCT
emaj-175	123	23	per	per	ADP
emaj-175	123	24	capita	capita	NOUN
emaj-175	123	25	,	,	PUNCT
emaj-175	123	26	telephone	telephone	NOUN
emaj-175	123	27	lines	line	NOUN
emaj-175	123	28	(	(	PUNCT
emaj-175	123	29	measured	measure	VERB
emaj-175	123	30	by	by	ADP
emaj-175	123	31	the	the	DET
emaj-175	123	32	number	number	NOUN
emaj-175	123	33	of	of	ADP
emaj-175	123	34	telephone	telephone	NOUN
emaj-175	123	35	lines	line	NOUN
emaj-175	123	36	per	per	ADP
emaj-175	123	37	1000	1000	NUM
emaj-175	123	38	people	people	NOUN
emaj-175	123	39	)	)	PUNCT
emaj-175	123	40	and	and	CCONJ
emaj-175	123	41	trade	trade	NOUN
emaj-175	123	42	openness	openness	NOUN
emaj-175	123	43	variables	variable	NOUN
emaj-175	123	44	as	as	ADV
emaj-175	123	45	well	well	ADV
emaj-175	123	46	as	as	ADP
emaj-175	123	47	fdi	fdi	NOUN
emaj-175	123	48	inflows	inflow	NOUN
emaj-175	123	49	.	.	PUNCT
emaj-175	124	1	it	it	PRON
emaj-175	124	2	was	be	AUX
emaj-175	124	3	also	also	ADV
emaj-175	124	4	found	find	VERB
emaj-175	124	5	that	that	SCONJ
emaj-175	124	6	,	,	PUNCT
emaj-175	124	7	fdi	fdi	NOUN
emaj-175	124	8	inflows	inflow	NOUN
emaj-175	124	9	increased	increase	VERB
emaj-175	124	10	as	as	SCONJ
emaj-175	124	11	inflation	inflation	NOUN
emaj-175	124	12	and	and	CCONJ
emaj-175	124	13	tax	tax	NOUN
emaj-175	124	14	rate	rate	NOUN
emaj-175	124	15	decreased	decrease	VERB
emaj-175	124	16	in	in	ADP
emaj-175	124	17	selected	select	VERB
emaj-175	124	18	developing	develop	VERB
emaj-175	124	19	countries	country	NOUN
emaj-175	124	20	.	.	PUNCT
emaj-175	125	1	sichei	sichei	NOUN
emaj-175	125	2	and	and	CCONJ
emaj-175	125	3	kinyondo	kinyondo	PROPN
emaj-175	125	4	(	(	PUNCT
emaj-175	125	5	2012	2012	NUM
emaj-175	125	6	)	)	PUNCT
emaj-175	125	7	predicted	predict	VERB
emaj-175	125	8	the	the	DET
emaj-175	125	9	determinants	determinant	NOUN
emaj-175	125	10	of	of	ADP
emaj-175	125	11	fdi	fdi	NOUN
emaj-175	125	12	volume	volume	NOUN
emaj-175	125	13	9	9	NUM
emaj-175	125	14	no	no	DET
emaj-175	125	15	1	1	NUM
emaj-175	125	16	(	(	PUNCT
emaj-175	125	17	2019	2019	NUM
emaj-175	125	18	)	)	PUNCT
emaj-175	125	19	|	|	ADV
emaj-175	125	20	issn	issn	VERB
emaj-175	125	21	2158	2158	NUM
emaj-175	125	22	-	-	SYM
emaj-175	125	23	8708	8708	NUM
emaj-175	125	24	(	(	PUNCT
emaj-175	125	25	online	online	NOUN
emaj-175	125	26	)	)	PUNCT
emaj-175	125	27	|	|	ADV
emaj-175	125	28	doi	doi	X
emaj-175	125	29	10.5195	10.5195	NUM
emaj-175	125	30	/	/	SYM
emaj-175	125	31	emaj.2019.175	emaj.2019.175	NOUN
emaj-175	126	1	|	|	NOUN
emaj-175	126	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-175	126	3	semra	semra	PROPN
emaj-175	126	4	boğa	boğa	ADJ
emaj-175	126	5	emerging	emerge	VERB
emaj-175	126	6	markets	market	NOUN
emaj-175	126	7	journal	journal	NOUN
emaj-175	126	8	|	|	ADV
emaj-175	126	9	p	p	NOUN
emaj-175	126	10	a	a	DET
emaj-175	126	11	g	g	NOUN
emaj-175	126	12	e	e	NOUN
emaj-175	126	13	8	8	NUM
emaj-175	126	14	3	3	NUM
emaj-175	126	15	inflows	inflow	NOUN
emaj-175	126	16	by	by	ADP
emaj-175	126	17	using	use	VERB
emaj-175	126	18	panel	panel	NOUN
emaj-175	126	19	data	datum	NOUN
emaj-175	126	20	analysis	analysis	NOUN
emaj-175	126	21	method	method	NOUN
emaj-175	126	22	for	for	ADP
emaj-175	126	23	45	45	NUM
emaj-175	126	24	african	african	ADJ
emaj-175	126	25	countries	country	NOUN
emaj-175	126	26	using	use	VERB
emaj-175	126	27	1980	1980	NUM
emaj-175	126	28	-	-	SYM
emaj-175	126	29	2009	2009	NUM
emaj-175	126	30	annual	annual	ADJ
emaj-175	126	31	data	datum	NOUN
emaj-175	126	32	.	.	PUNCT
emaj-175	127	1	they	they	PRON
emaj-175	127	2	found	find	VERB
emaj-175	127	3	agglomeration	agglomeration	NOUN
emaj-175	127	4	economies	economy	NOUN
emaj-175	127	5	,	,	PUNCT
emaj-175	127	6	real	real	ADJ
emaj-175	127	7	gdp	gdp	NOUN
emaj-175	127	8	growth	growth	NOUN
emaj-175	127	9	,	,	PUNCT
emaj-175	127	10	domestic	domestic	ADJ
emaj-175	127	11	and	and	CCONJ
emaj-175	127	12	foreign	foreign	ADJ
emaj-175	127	13	international	international	ADJ
emaj-175	127	14	direct	direct	ADJ
emaj-175	127	15	foreign	foreign	ADJ
emaj-175	127	16	investment	investment	NOUN
emaj-175	127	17	policy	policy	NOUN
emaj-175	127	18	and	and	CCONJ
emaj-175	127	19	the	the	DET
emaj-175	127	20	existence	existence	NOUN
emaj-175	127	21	of	of	ADP
emaj-175	127	22	natural	natural	ADJ
emaj-175	127	23	resources	resource	NOUN
emaj-175	127	24	as	as	ADP
emaj-175	127	25	the	the	DET
emaj-175	127	26	main	main	ADJ
emaj-175	127	27	determinants	determinant	NOUN
emaj-175	127	28	of	of	ADP
emaj-175	127	29	fdi	fdi	NOUN
emaj-175	127	30	inflows	inflow	NOUN
emaj-175	127	31	to	to	ADP
emaj-175	127	32	africa	africa	PROPN
emaj-175	127	33	.	.	PUNCT
emaj-175	128	1	using	use	VERB
emaj-175	128	2	data	datum	NOUN
emaj-175	128	3	from	from	ADP
emaj-175	128	4	36	36	NUM
emaj-175	128	5	emerging	emerge	VERB
emaj-175	128	6	economies	economy	NOUN
emaj-175	128	7	for	for	ADP
emaj-175	128	8	the	the	DET
emaj-175	128	9	period	period	NOUN
emaj-175	128	10	of	of	ADP
emaj-175	128	11	1990–2000	1990–2000	NUM
emaj-175	128	12	,	,	PUNCT
emaj-175	128	13	liargovas	liargovas	NOUN
emaj-175	128	14	and	and	CCONJ
emaj-175	128	15	skandalis	skandali	VERB
emaj-175	128	16	(	(	PUNCT
emaj-175	128	17	2011	2011	NUM
emaj-175	128	18	)	)	PUNCT
emaj-175	128	19	conducted	conduct	VERB
emaj-175	128	20	a	a	DET
emaj-175	128	21	panel	panel	NOUN
emaj-175	128	22	regression	regression	NOUN
emaj-175	128	23	analysis	analysis	NOUN
emaj-175	128	24	to	to	PART
emaj-175	128	25	estimate	estimate	VERB
emaj-175	128	26	the	the	DET
emaj-175	128	27	impact	impact	NOUN
emaj-175	128	28	of	of	ADP
emaj-175	128	29	trade	trade	NOUN
emaj-175	128	30	openness	openness	NOUN
emaj-175	128	31	on	on	ADP
emaj-175	128	32	fdi	fdi	NOUN
emaj-175	128	33	inflows	inflow	NOUN
emaj-175	128	34	.	.	PUNCT
emaj-175	129	1	trade	trade	NOUN
emaj-175	129	2	openness	openness	NOUN
emaj-175	129	3	was	be	AUX
emaj-175	129	4	found	find	VERB
emaj-175	129	5	to	to	PART
emaj-175	129	6	be	be	AUX
emaj-175	129	7	an	an	DET
emaj-175	129	8	important	important	ADJ
emaj-175	129	9	determinant	determinant	ADJ
emaj-175	129	10	in	in	ADP
emaj-175	129	11	the	the	DET
emaj-175	129	12	long	long	ADJ
emaj-175	129	13	term	term	NOUN
emaj-175	129	14	for	for	ADP
emaj-175	129	15	selected	select	VERB
emaj-175	129	16	latin	latin	PROPN
emaj-175	129	17	america	america	PROPN
emaj-175	129	18	,	,	PUNCT
emaj-175	129	19	asia	asia	PROPN
emaj-175	129	20	,	,	PUNCT
emaj-175	129	21	africa	africa	PROPN
emaj-175	129	22	,	,	PUNCT
emaj-175	129	23	cis	cis	NOUN
emaj-175	129	24	,	,	PUNCT
emaj-175	129	25	and	and	CCONJ
emaj-175	129	26	eastern	eastern	ADJ
emaj-175	129	27	european	european	ADJ
emaj-175	129	28	countries	country	NOUN
emaj-175	129	29	.	.	PUNCT
emaj-175	130	1	in	in	ADP
emaj-175	130	2	addition	addition	NOUN
emaj-175	130	3	to	to	ADP
emaj-175	130	4	trade	trade	NOUN
emaj-175	130	5	openness	openness	NOUN
emaj-175	130	6	,	,	PUNCT
emaj-175	130	7	other	other	ADJ
emaj-175	130	8	factors	factor	NOUN
emaj-175	130	9	such	such	ADJ
emaj-175	130	10	as	as	ADP
emaj-175	130	11	political	political	ADJ
emaj-175	130	12	stability	stability	NOUN
emaj-175	130	13	,	,	PUNCT
emaj-175	130	14	exchange	exchange	NOUN
emaj-175	130	15	rate	rate	NOUN
emaj-175	130	16	stability	stability	NOUN
emaj-175	130	17	and	and	CCONJ
emaj-175	130	18	market	market	NOUN
emaj-175	130	19	size	size	NOUN
emaj-175	130	20	(	(	PUNCT
emaj-175	130	21	as	as	SCONJ
emaj-175	130	22	expressed	express	VERB
emaj-175	130	23	by	by	ADP
emaj-175	130	24	gdp	gdp	NOUN
emaj-175	130	25	)	)	PUNCT
emaj-175	130	26	have	have	AUX
emaj-175	130	27	been	be	AUX
emaj-175	130	28	found	find	VERB
emaj-175	130	29	to	to	PART
emaj-175	130	30	have	have	VERB
emaj-175	130	31	a	a	DET
emaj-175	130	32	positive	positive	ADJ
emaj-175	130	33	impact	impact	NOUN
emaj-175	130	34	on	on	ADP
emaj-175	130	35	fdi	fdi	NOUN
emaj-175	130	36	inflows	inflow	NOUN
emaj-175	130	37	.	.	PUNCT
emaj-175	131	1	on	on	ADP
emaj-175	131	2	the	the	DET
emaj-175	131	3	other	other	ADJ
emaj-175	131	4	hand	hand	NOUN
emaj-175	131	5	,	,	PUNCT
emaj-175	131	6	in	in	ADP
emaj-175	131	7	the	the	DET
emaj-175	131	8	study	study	NOUN
emaj-175	131	9	of	of	ADP
emaj-175	131	10	seim	seim	PROPN
emaj-175	131	11	(	(	PUNCT
emaj-175	131	12	2009	2009	NUM
emaj-175	131	13	)	)	PUNCT
emaj-175	131	14	,	,	PUNCT
emaj-175	131	15	the	the	DET
emaj-175	131	16	effect	effect	NOUN
emaj-175	131	17	of	of	ADP
emaj-175	131	18	trade	trade	NOUN
emaj-175	131	19	openness	openness	NOUN
emaj-175	131	20	on	on	ADP
emaj-175	131	21	fdi	fdi	PROPN
emaj-175	131	22	shows	show	VERB
emaj-175	131	23	complex	complex	ADJ
emaj-175	131	24	results	result	NOUN
emaj-175	131	25	.	.	PUNCT
emaj-175	132	1	while	while	SCONJ
emaj-175	132	2	trade	trade	NOUN
emaj-175	132	3	openness	openness	NOUN
emaj-175	132	4	is	be	AUX
emaj-175	132	5	an	an	DET
emaj-175	132	6	important	important	ADJ
emaj-175	132	7	factor	factor	NOUN
emaj-175	132	8	in	in	ADP
emaj-175	132	9	oecd	oecd	PROPN
emaj-175	132	10	and	and	CCONJ
emaj-175	132	11	sub	sub	ADJ
emaj-175	132	12	-	-	ADJ
emaj-175	132	13	saharan	saharan	ADJ
emaj-175	132	14	african	african	ADJ
emaj-175	132	15	countries	country	NOUN
emaj-175	132	16	,	,	PUNCT
emaj-175	132	17	the	the	DET
emaj-175	132	18	same	same	ADJ
emaj-175	132	19	effect	effect	NOUN
emaj-175	132	20	is	be	AUX
emaj-175	132	21	not	not	PART
emaj-175	132	22	seen	see	VERB
emaj-175	132	23	in	in	ADP
emaj-175	132	24	oil	oil	NOUN
emaj-175	132	25	exporting	exporting	NOUN
emaj-175	132	26	and	and	CCONJ
emaj-175	132	27	non	non	ADJ
emaj-175	132	28	-	-	ADJ
emaj-175	132	29	oecd	oecd	ADJ
emaj-175	132	30	countries	country	NOUN
emaj-175	132	31	.	.	PUNCT
emaj-175	133	1	investigating	investigate	VERB
emaj-175	133	2	the	the	DET
emaj-175	133	3	impact	impact	NOUN
emaj-175	133	4	of	of	ADP
emaj-175	133	5	financial	financial	ADJ
emaj-175	133	6	development	development	NOUN
emaj-175	133	7	on	on	ADP
emaj-175	133	8	fdi	fdi	NOUN
emaj-175	133	9	by	by	ADP
emaj-175	133	10	using	use	VERB
emaj-175	133	11	domestic	domestic	ADJ
emaj-175	133	12	credit	credit	NOUN
emaj-175	133	13	indicators	indicator	NOUN
emaj-175	133	14	in	in	ADP
emaj-175	133	15	10	10	NUM
emaj-175	133	16	middle	middle	PROPN
emaj-175	133	17	east	east	PROPN
emaj-175	133	18	and	and	CCONJ
emaj-175	133	19	north	north	PROPN
emaj-175	133	20	africa	africa	PROPN
emaj-175	133	21	(	(	PUNCT
emaj-175	133	22	mena	mena	PROPN
emaj-175	133	23	)	)	PUNCT
emaj-175	133	24	developing	develop	VERB
emaj-175	133	25	countries	country	NOUN
emaj-175	133	26	between	between	ADP
emaj-175	133	27	1988	1988	NUM
emaj-175	133	28	-	-	SYM
emaj-175	133	29	2015	2015	NUM
emaj-175	133	30	,	,	PUNCT
emaj-175	133	31	shah	shah	NOUN
emaj-175	133	32	(	(	PUNCT
emaj-175	133	33	2016	2016	NUM
emaj-175	133	34	)	)	PUNCT
emaj-175	133	35	found	find	VERB
emaj-175	133	36	that	that	SCONJ
emaj-175	133	37	financial	financial	ADJ
emaj-175	133	38	development	development	NOUN
emaj-175	133	39	is	be	AUX
emaj-175	133	40	important	important	ADJ
emaj-175	133	41	for	for	ADP
emaj-175	133	42	foreign	foreign	ADJ
emaj-175	133	43	investors	investor	NOUN
emaj-175	133	44	'	'	PART
emaj-175	133	45	investment	investment	NOUN
emaj-175	133	46	decisions	decision	NOUN
emaj-175	133	47	.	.	PUNCT
emaj-175	134	1	by	by	ADP
emaj-175	134	2	using	use	VERB
emaj-175	134	3	data	datum	NOUN
emaj-175	134	4	mining	mining	NOUN
emaj-175	134	5	technique	technique	NOUN
emaj-175	134	6	and	and	CCONJ
emaj-175	134	7	data	datum	NOUN
emaj-175	134	8	from	from	ADP
emaj-175	134	9	78	78	NUM
emaj-175	134	10	countries	country	NOUN
emaj-175	134	11	for	for	ADP
emaj-175	134	12	the	the	DET
emaj-175	134	13	period	period	NOUN
emaj-175	134	14	1980	1980	NUM
emaj-175	134	15	-	-	SYM
emaj-175	134	16	2009	2009	NUM
emaj-175	134	17	,	,	PUNCT
emaj-175	134	18	korgaonkar	korgaonkar	NOUN
emaj-175	134	19	(	(	PUNCT
emaj-175	134	20	2012	2012	NUM
emaj-175	134	21	)	)	PUNCT
emaj-175	134	22	questioned	question	VERB
emaj-175	134	23	whether	whether	SCONJ
emaj-175	134	24	financial	financial	ADJ
emaj-175	134	25	development	development	NOUN
emaj-175	134	26	has	have	VERB
emaj-175	134	27	an	an	DET
emaj-175	134	28	impact	impact	NOUN
emaj-175	134	29	on	on	ADP
emaj-175	134	30	a	a	DET
emaj-175	134	31	country	country	NOUN
emaj-175	134	32	's	's	PART
emaj-175	134	33	fdi	fdi	NOUN
emaj-175	134	34	inflows	inflow	NOUN
emaj-175	134	35	or	or	CCONJ
emaj-175	134	36	outflows	outflow	NOUN
emaj-175	134	37	.	.	PUNCT
emaj-175	135	1	as	as	SCONJ
emaj-175	135	2	pointed	point	VERB
emaj-175	135	3	out	out	ADP
emaj-175	135	4	by	by	ADP
emaj-175	135	5	the	the	DET
emaj-175	135	6	findings	finding	NOUN
emaj-175	135	7	,	,	PUNCT
emaj-175	135	8	fdi	fdi	NOUN
emaj-175	135	9	is	be	AUX
emaj-175	135	10	not	not	PART
emaj-175	135	11	directed	direct	VERB
emaj-175	135	12	towards	towards	ADP
emaj-175	135	13	the	the	DET
emaj-175	135	14	financially	financially	ADV
emaj-175	135	15	weak	weak	ADJ
emaj-175	135	16	countries	country	NOUN
emaj-175	135	17	and	and	CCONJ
emaj-175	135	18	that	that	SCONJ
emaj-175	135	19	the	the	DET
emaj-175	135	20	development	development	NOUN
emaj-175	135	21	of	of	ADP
emaj-175	135	22	the	the	DET
emaj-175	135	23	financial	financial	ADJ
emaj-175	135	24	system	system	NOUN
emaj-175	135	25	of	of	ADP
emaj-175	135	26	the	the	DET
emaj-175	135	27	receiving	receive	VERB
emaj-175	135	28	country	country	NOUN
emaj-175	135	29	is	be	AUX
emaj-175	135	30	an	an	DET
emaj-175	135	31	important	important	ADJ
emaj-175	135	32	prerequisite	prerequisite	NOUN
emaj-175	135	33	for	for	ADP
emaj-175	135	34	the	the	DET
emaj-175	135	35	positive	positive	ADJ
emaj-175	135	36	effect	effect	NOUN
emaj-175	135	37	of	of	ADP
emaj-175	135	38	fdi	fdi	NOUN
emaj-175	135	39	on	on	ADP
emaj-175	135	40	economic	economic	ADJ
emaj-175	135	41	growth	growth	NOUN
emaj-175	135	42	.	.	PUNCT
emaj-175	136	1	on	on	ADP
emaj-175	136	2	the	the	DET
emaj-175	136	3	other	other	ADJ
emaj-175	136	4	hand	hand	NOUN
emaj-175	136	5	,	,	PUNCT
emaj-175	136	6	using	use	VERB
emaj-175	136	7	panel	panel	NOUN
emaj-175	136	8	data	datum	NOUN
emaj-175	136	9	from	from	ADP
emaj-175	136	10	38	38	NUM
emaj-175	136	11	sub	sub	ADJ
emaj-175	136	12	-	-	ADJ
emaj-175	136	13	saharan	saharan	ADJ
emaj-175	136	14	african	african	ADJ
emaj-175	136	15	(	(	PUNCT
emaj-175	136	16	ssa	ssa	NOUN
emaj-175	136	17	)	)	PUNCT
emaj-175	136	18	countries	country	NOUN
emaj-175	136	19	,	,	PUNCT
emaj-175	136	20	ezeoha	ezeoha	ADJ
emaj-175	136	21	and	and	CCONJ
emaj-175	136	22	cattaneo	cattaneo	PROPN
emaj-175	136	23	(	(	PUNCT
emaj-175	136	24	2012	2012	NUM
emaj-175	136	25	)	)	PUNCT
emaj-175	136	26	investigated	investigate	VERB
emaj-175	136	27	the	the	DET
emaj-175	136	28	impact	impact	NOUN
emaj-175	136	29	of	of	ADP
emaj-175	136	30	financial	financial	ADJ
emaj-175	136	31	development	development	NOUN
emaj-175	136	32	,	,	PUNCT
emaj-175	136	33	institutional	institutional	ADJ
emaj-175	136	34	quality	quality	NOUN
emaj-175	136	35	and	and	CCONJ
emaj-175	136	36	natural	natural	ADJ
emaj-175	136	37	resources	resource	NOUN
emaj-175	136	38	on	on	ADP
emaj-175	136	39	fdi	fdi	NOUN
emaj-175	136	40	for	for	ADP
emaj-175	136	41	the	the	DET
emaj-175	136	42	period	period	NOUN
emaj-175	136	43	of	of	ADP
emaj-175	136	44	1995	1995	NUM
emaj-175	136	45	-	-	SYM
emaj-175	136	46	2009	2009	NUM
emaj-175	136	47	.	.	PUNCT
emaj-175	137	1	however	however	ADV
emaj-175	137	2	,	,	PUNCT
emaj-175	137	3	they	they	PRON
emaj-175	137	4	could	could	AUX
emaj-175	137	5	not	not	PART
emaj-175	137	6	find	find	VERB
emaj-175	137	7	a	a	DET
emaj-175	137	8	clear	clear	ADJ
emaj-175	137	9	evidence	evidence	NOUN
emaj-175	137	10	of	of	ADP
emaj-175	137	11	the	the	DET
emaj-175	137	12	relationship	relationship	NOUN
emaj-175	137	13	between	between	ADP
emaj-175	137	14	the	the	DET
emaj-175	137	15	two	two	NUM
emaj-175	137	16	variables	variable	NOUN
emaj-175	137	17	.	.	PUNCT
emaj-175	138	1	using	use	VERB
emaj-175	138	2	both	both	CCONJ
emaj-175	138	3	transportation	transportation	NOUN
emaj-175	138	4	and	and	CCONJ
emaj-175	138	5	telecommunication	telecommunication	NOUN
emaj-175	138	6	indicators	indicator	NOUN
emaj-175	138	7	,	,	PUNCT
emaj-175	138	8	koyuncu	koyuncu	PROPN
emaj-175	138	9	and	and	CCONJ
emaj-175	138	10	ünver	ünver	ADV
emaj-175	138	11	(	(	PUNCT
emaj-175	138	12	2016	2016	NUM
emaj-175	138	13	)	)	PUNCT
emaj-175	138	14	conducted	conduct	VERB
emaj-175	138	15	a	a	DET
emaj-175	138	16	panel	panel	NOUN
emaj-175	138	17	data	data	VERB
emaj-175	138	18	analysis	analysis	NOUN
emaj-175	138	19	with	with	ADP
emaj-175	138	20	univariate	univariate	ADJ
emaj-175	138	21	and	and	CCONJ
emaj-175	138	22	multivariate	multivariate	NOUN
emaj-175	138	23	models	model	NOUN
emaj-175	138	24	in	in	ADP
emaj-175	138	25	187	187	NUM
emaj-175	138	26	countries	country	NOUN
emaj-175	138	27	for	for	ADP
emaj-175	138	28	the	the	DET
emaj-175	138	29	period	period	NOUN
emaj-175	138	30	of	of	ADP
emaj-175	138	31	1990	1990	NUM
emaj-175	138	32	-	-	SYM
emaj-175	138	33	2014	2014	NUM
emaj-175	138	34	to	to	PART
emaj-175	138	35	explore	explore	VERB
emaj-175	138	36	the	the	DET
emaj-175	138	37	effect	effect	NOUN
emaj-175	138	38	of	of	ADP
emaj-175	138	39	infrastructure	infrastructure	NOUN
emaj-175	138	40	on	on	ADP
emaj-175	138	41	fdi	fdi	NOUN
emaj-175	138	42	inflows	inflow	NOUN
emaj-175	138	43	.	.	PUNCT
emaj-175	139	1	all	all	DET
emaj-175	139	2	independent	independent	ADJ
emaj-175	139	3	variables	variable	NOUN
emaj-175	139	4	caused	cause	VERB
emaj-175	139	5	an	an	DET
emaj-175	139	6	increase	increase	NOUN
emaj-175	139	7	in	in	ADP
emaj-175	139	8	fdi	fdi	NOUN
emaj-175	139	9	inflows	inflow	NOUN
emaj-175	139	10	.	.	PUNCT
emaj-175	140	1	on	on	ADP
emaj-175	140	2	the	the	DET
emaj-175	140	3	other	other	ADJ
emaj-175	140	4	hand	hand	NOUN
emaj-175	140	5	,	,	PUNCT
emaj-175	140	6	openness	openness	NOUN
emaj-175	140	7	to	to	ADP
emaj-175	140	8	foreign	foreign	ADJ
emaj-175	140	9	trade	trade	NOUN
emaj-175	140	10	,	,	PUNCT
emaj-175	140	11	domestic	domestic	ADJ
emaj-175	140	12	credit	credit	NOUN
emaj-175	140	13	to	to	ADP
emaj-175	140	14	the	the	DET
emaj-175	140	15	private	private	ADJ
emaj-175	140	16	sector	sector	NOUN
emaj-175	140	17	and	and	CCONJ
emaj-175	140	18	urbanization	urbanization	NOUN
emaj-175	140	19	ratio	ratio	NOUN
emaj-175	140	20	used	use	VERB
emaj-175	140	21	to	to	PART
emaj-175	140	22	control	control	VERB
emaj-175	140	23	the	the	DET
emaj-175	140	24	robustness	robustness	NOUN
emaj-175	140	25	of	of	ADP
emaj-175	140	26	the	the	DET
emaj-175	140	27	model	model	NOUN
emaj-175	140	28	also	also	ADV
emaj-175	140	29	had	have	VERB
emaj-175	140	30	a	a	DET
emaj-175	140	31	positive	positive	ADJ
emaj-175	140	32	and	and	CCONJ
emaj-175	140	33	statistically	statistically	ADV
emaj-175	140	34	significant	significant	ADJ
emaj-175	140	35	effect	effect	NOUN
emaj-175	140	36	on	on	ADP
emaj-175	140	37	fdi	fdi	NOUN
emaj-175	140	38	inflows	inflow	NOUN
emaj-175	140	39	,	,	PUNCT
emaj-175	140	40	while	while	SCONJ
emaj-175	140	41	no	no	DET
emaj-175	140	42	statistically	statistically	ADV
emaj-175	140	43	significant	significant	ADJ
emaj-175	140	44	effect	effect	NOUN
emaj-175	140	45	of	of	ADP
emaj-175	140	46	population	population	NOUN
emaj-175	140	47	growth	growth	NOUN
emaj-175	140	48	and	and	CCONJ
emaj-175	140	49	inflation	inflation	NOUN
emaj-175	140	50	was	be	AUX
emaj-175	140	51	observed	observe	VERB
emaj-175	140	52	.	.	PUNCT
emaj-175	141	1	tampakoudis	tampakoudi	NOUN
emaj-175	141	2	et	et	PROPN
emaj-175	141	3	al	al	PROPN
emaj-175	141	4	.	.	PROPN
emaj-175	142	1	(	(	PUNCT
emaj-175	142	2	2017	2017	NUM
emaj-175	142	3	)	)	PUNCT
emaj-175	142	4	conducted	conduct	VERB
emaj-175	142	5	a	a	DET
emaj-175	142	6	panel	panel	NOUN
emaj-175	142	7	data	data	VERB
emaj-175	142	8	analysis	analysis	NOUN
emaj-175	142	9	with	with	ADP
emaj-175	142	10	the	the	DET
emaj-175	142	11	data	datum	NOUN
emaj-175	142	12	from	from	ADP
emaj-175	142	13	15	15	NUM
emaj-175	142	14	middle	middle	ADJ
emaj-175	142	15	-	-	PUNCT
emaj-175	142	16	income	income	NOUN
emaj-175	142	17	countries	country	NOUN
emaj-175	142	18	for	for	ADP
emaj-175	142	19	the	the	DET
emaj-175	142	20	period	period	NOUN
emaj-175	142	21	of	of	ADP
emaj-175	142	22	1980	1980	NUM
emaj-175	142	23	-	-	SYM
emaj-175	142	24	2013	2013	NUM
emaj-175	142	25	.	.	PUNCT
emaj-175	143	1	they	they	PRON
emaj-175	143	2	emphasized	emphasize	VERB
emaj-175	143	3	the	the	DET
emaj-175	143	4	importance	importance	NOUN
emaj-175	143	5	of	of	ADP
emaj-175	143	6	foreign	foreign	ADJ
emaj-175	143	7	exchange	exchange	NOUN
emaj-175	143	8	,	,	PUNCT
emaj-175	143	9	gdp	gdp	NOUN
emaj-175	143	10	and	and	CCONJ
emaj-175	143	11	population	population	NOUN
emaj-175	143	12	growth	growth	NOUN
emaj-175	143	13	for	for	ADP
emaj-175	143	14	fdi	fdi	NOUN
emaj-175	143	15	inflows	inflow	NOUN
emaj-175	143	16	,	,	PUNCT
emaj-175	143	17	while	while	SCONJ
emaj-175	143	18	financial	financial	ADJ
emaj-175	143	19	development	development	NOUN
emaj-175	143	20	,	,	PUNCT
emaj-175	143	21	inflation	inflation	NOUN
emaj-175	143	22	,	,	PUNCT
emaj-175	143	23	infrastructure	infrastructure	NOUN
emaj-175	143	24	and	and	CCONJ
emaj-175	143	25	fuel	fuel	NOUN
emaj-175	143	26	exports	export	NOUN
emaj-175	143	27	proved	prove	VERB
emaj-175	143	28	to	to	PART
emaj-175	143	29	be	be	AUX
emaj-175	143	30	insignificant	insignificant	ADJ
emaj-175	143	31	.	.	PUNCT
emaj-175	144	1	iv	iv	X
emaj-175	144	2	.	.	PROPN
emaj-175	144	3	econometric	econometric	ADJ
emaj-175	144	4	analysis	analysis	NOUN
emaj-175	144	5	data	datum	NOUN
emaj-175	144	6	set	set	NOUN
emaj-175	144	7	,	,	PUNCT
emaj-175	144	8	variables	variable	NOUN
emaj-175	144	9	and	and	CCONJ
emaj-175	144	10	methodology	methodology	NOUN
emaj-175	144	11	the	the	DET
emaj-175	144	12	data	datum	NOUN
emaj-175	144	13	set	set	VERB
emaj-175	144	14	consists	consist	NOUN
emaj-175	144	15	of	of	ADP
emaj-175	144	16	1204	1204	NUM
emaj-175	144	17	observations	observation	NOUN
emaj-175	144	18	of	of	ADP
emaj-175	144	19	foreign	foreign	ADJ
emaj-175	144	20	direct	direct	ADJ
emaj-175	144	21	investment	investment	NOUN
emaj-175	144	22	(	(	PUNCT
emaj-175	144	23	fdi	fdi	NOUN
emaj-175	144	24	)	)	PUNCT
emaj-175	144	25	,	,	PUNCT
emaj-175	144	26	economic	economic	ADJ
emaj-175	144	27	growth	growth	NOUN
emaj-175	144	28	(	(	PUNCT
emaj-175	144	29	gdp	gdp	NOUN
emaj-175	144	30	)	)	PUNCT
emaj-175	144	31	,	,	PUNCT
emaj-175	144	32	international	international	ADJ
emaj-175	144	33	trade	trade	NOUN
emaj-175	144	34	(	(	PUNCT
emaj-175	144	35	trade	trade	NOUN
emaj-175	144	36	)	)	PUNCT
emaj-175	144	37	,	,	PUNCT
emaj-175	144	38	domestic	domestic	ADJ
emaj-175	144	39	credit	credit	NOUN
emaj-175	144	40	(	(	PUNCT
emaj-175	144	41	credit	credit	NOUN
emaj-175	144	42	)	)	PUNCT
emaj-175	144	43	,	,	PUNCT
emaj-175	144	44	inflation	inflation	NOUN
emaj-175	144	45	(	(	PUNCT
emaj-175	144	46	inf	inf	NOUN
emaj-175	144	47	)	)	PUNCT
emaj-175	144	48	,	,	PUNCT
emaj-175	144	49	natural	natural	ADJ
emaj-175	144	50	resources	resource	NOUN
emaj-175	144	51	(	(	PUNCT
emaj-175	144	52	nr	nr	NOUN
emaj-175	144	53	)	)	PUNCT
emaj-175	144	54	and	and	CCONJ
emaj-175	144	55	fixed	fix	VERB
emaj-175	144	56	telephone	telephone	NOUN
emaj-175	144	57	subscriptions	subscription	NOUN
emaj-175	144	58	(	(	PUNCT
emaj-175	144	59	fts	fts	PROPN
emaj-175	144	60	)	)	PUNCT
emaj-175	144	61	series	series	NOUN
emaj-175	144	62	for	for	ADP
emaj-175	144	63	28	28	NUM
emaj-175	144	64	subsaharan	subsaharan	ADJ
emaj-175	144	65	african	african	ADJ
emaj-175	144	66	countries	country	NOUN
emaj-175	144	67	(	(	PUNCT
emaj-175	144	68	benin	benin	PROPN
emaj-175	144	69	,	,	PUNCT
emaj-175	144	70	burkina	burkina	PROPN
emaj-175	144	71	faso	faso	PROPN
emaj-175	144	72	,	,	PUNCT
emaj-175	144	73	botswana	botswana	PROPN
emaj-175	144	74	,	,	PUNCT
emaj-175	144	75	central	central	ADJ
emaj-175	144	76	african	african	ADJ
emaj-175	144	77	republic	republic	NOUN
emaj-175	144	78	,	,	PUNCT
emaj-175	144	79	cote	cote	PROPN
emaj-175	144	80	d'ivoire	d'ivoire	PROPN
emaj-175	144	81	,	,	PUNCT
emaj-175	144	82	cameroon	cameroon	PROPN
emaj-175	144	83	,	,	PUNCT
emaj-175	144	84	congo	congo	PROPN
emaj-175	144	85	dem	dem	PROPN
emaj-175	144	86	.	.	PUNCT
emaj-175	145	1	rep	rep	PROPN
emaj-175	145	2	.	.	PROPN
emaj-175	145	3	,	,	PUNCT
emaj-175	145	4	congo	congo	PROPN
emaj-175	145	5	rep	rep	PROPN
emaj-175	145	6	.	.	PROPN
emaj-175	145	7	,	,	PUNCT
emaj-175	145	8	gabon	gabon	PROPN
emaj-175	145	9	,	,	PUNCT
emaj-175	145	10	ghana	ghana	PROPN
emaj-175	145	11	,	,	PUNCT
emaj-175	145	12	gambia	gambia	PROPN
emaj-175	145	13	,	,	PUNCT
emaj-175	145	14	kenya	kenya	PROPN
emaj-175	145	15	,	,	PUNCT
emaj-175	145	16	madagascar	madagascar	PROPN
emaj-175	145	17	,	,	PUNCT
emaj-175	145	18	mali	mali	VERB
emaj-175	145	19	,	,	PUNCT
emaj-175	145	20	mauritania	mauritania	NOUN
emaj-175	145	21	,	,	PUNCT
emaj-175	145	22	mauritius	mauritius	PROPN
emaj-175	145	23	,	,	PUNCT
emaj-175	145	24	malawi	malawi	PROPN
emaj-175	145	25	,	,	PUNCT
emaj-175	145	26	niger	niger	PROPN
emaj-175	145	27	,	,	PUNCT
emaj-175	145	28	nigeria	nigeria	PROPN
emaj-175	145	29	,	,	PUNCT
emaj-175	145	30	rwanda	rwanda	PROPN
emaj-175	145	31	,	,	PUNCT
emaj-175	145	32	sudan	sudan	PROPN
emaj-175	145	33	,	,	PUNCT
emaj-175	145	34	senegal	senegal	PROPN
emaj-175	145	35	,	,	PUNCT
emaj-175	145	36	sierra	sierra	PROPN
emaj-175	145	37	leone	leone	PROPN
emaj-175	145	38	,	,	PUNCT
emaj-175	145	39	eswatini	eswatini	NOUN
emaj-175	145	40	,	,	PUNCT
emaj-175	145	41	seychelles	seychelle	NOUN
emaj-175	145	42	,	,	PUNCT
emaj-175	145	43	chad	chad	PROPN
emaj-175	145	44	,	,	PUNCT
emaj-175	145	45	togo	togo	PROPN
emaj-175	145	46	,	,	PUNCT
emaj-175	145	47	south	south	PROPN
emaj-175	145	48	africa	africa	PROPN
emaj-175	145	49	)	)	PUNCT
emaj-175	145	50	between	between	ADP
emaj-175	145	51	1975	1975	NUM
emaj-175	145	52	and	and	CCONJ
emaj-175	145	53	2017	2017	NUM
emaj-175	145	54	.	.	PUNCT
emaj-175	146	1	the	the	DET
emaj-175	146	2	data	datum	NOUN
emaj-175	146	3	set	set	VERB
emaj-175	146	4	was	be	AUX
emaj-175	146	5	compiled	compile	VERB
emaj-175	146	6	from	from	ADP
emaj-175	146	7	world	world	PROPN
emaj-175	146	8	bank	bank	PROPN
emaj-175	146	9	database	database	NOUN
emaj-175	146	10	.	.	PUNCT
emaj-175	147	1	in	in	ADP
emaj-175	147	2	the	the	DET
emaj-175	147	3	world	world	NOUN
emaj-175	147	4	bank	bank	PROPN
emaj-175	147	5	's	's	PART
emaj-175	147	6	database	database	NOUN
emaj-175	147	7	,	,	PUNCT
emaj-175	147	8	the	the	DET
emaj-175	147	9	number	number	NOUN
emaj-175	147	10	of	of	ADP
emaj-175	147	11	sub	sub	ADJ
emaj-175	147	12	-	-	ADJ
emaj-175	147	13	saharan	saharan	ADJ
emaj-175	147	14	african	african	ADJ
emaj-175	147	15	countries	country	NOUN
emaj-175	147	16	is	be	AUX
emaj-175	147	17	48	48	NUM
emaj-175	147	18	.	.	PUNCT
emaj-175	148	1	however	however	ADV
emaj-175	148	2	,	,	PUNCT
emaj-175	148	3	only	only	ADV
emaj-175	148	4	28	28	NUM
emaj-175	148	5	of	of	ADP
emaj-175	148	6	them	they	PRON
emaj-175	148	7	are	be	AUX
emaj-175	148	8	included	include	VERB
emaj-175	148	9	in	in	ADP
emaj-175	148	10	this	this	DET
emaj-175	148	11	study	study	NOUN
emaj-175	148	12	due	due	ADP
emaj-175	148	13	to	to	ADP
emaj-175	148	14	data	datum	NOUN
emaj-175	148	15	availability	availability	NOUN
emaj-175	148	16	.	.	PUNCT
emaj-175	149	1	primarily	primarily	ADV
emaj-175	149	2	,	,	PUNCT
emaj-175	149	3	the	the	DET
emaj-175	149	4	model	model	NOUN
emaj-175	149	5	was	be	AUX
emaj-175	149	6	defined	define	VERB
emaj-175	149	7	.	.	PUNCT
emaj-175	150	1	before	before	ADP
emaj-175	150	2	examining	examine	VERB
emaj-175	150	3	the	the	DET
emaj-175	150	4	relationships	relationship	NOUN
emaj-175	150	5	between	between	ADP
emaj-175	150	6	the	the	DET
emaj-175	150	7	series	series	NOUN
emaj-175	150	8	,	,	PUNCT
emaj-175	150	9	to	to	PART
emaj-175	150	10	choose	choose	VERB
emaj-175	150	11	the	the	DET
emaj-175	150	12	proper	proper	ADJ
emaj-175	150	13	testing	testing	NOUN
emaj-175	150	14	methods	method	NOUN
emaj-175	150	15	,	,	PUNCT
emaj-175	150	16	the	the	DET
emaj-175	150	17	correlation	correlation	NOUN
emaj-175	150	18	between	between	ADP
emaj-175	150	19	the	the	DET
emaj-175	150	20	units	unit	NOUN
emaj-175	150	21	,	,	PUNCT
emaj-175	150	22	the	the	DET
emaj-175	150	23	stationarity	stationarity	NOUN
emaj-175	150	24	of	of	ADP
emaj-175	150	25	the	the	DET
emaj-175	150	26	series	series	NOUN
emaj-175	150	27	and	and	CCONJ
emaj-175	150	28	the	the	DET
emaj-175	150	29	homogeneity	homogeneity	NOUN
emaj-175	150	30	of	of	ADP
emaj-175	150	31	the	the	DET
emaj-175	150	32	parameters	parameter	NOUN
emaj-175	150	33	were	be	AUX
emaj-175	150	34	examined	examine	VERB
emaj-175	150	35	.	.	PUNCT
emaj-175	151	1	after	after	ADP
emaj-175	151	2	defining	define	VERB
emaj-175	151	3	the	the	DET
emaj-175	151	4	optimal	optimal	ADJ
emaj-175	151	5	lag	lag	NOUN
emaj-175	151	6	-	-	PUNCT
emaj-175	151	7	length	length	NOUN
emaj-175	151	8	,	,	PUNCT
emaj-175	151	9	cointegration	cointegration	NOUN
emaj-175	151	10	test	test	NOUN
emaj-175	151	11	was	be	AUX
emaj-175	151	12	performed	perform	VERB
emaj-175	151	13	to	to	PART
emaj-175	151	14	define	define	VERB
emaj-175	151	15	the	the	DET
emaj-175	151	16	existence	existence	NOUN
emaj-175	151	17	of	of	ADP
emaj-175	151	18	long	long	ADJ
emaj-175	151	19	-	-	PUNCT
emaj-175	151	20	term	term	NOUN
emaj-175	151	21	relationship	relationship	NOUN
emaj-175	151	22	and	and	CCONJ
emaj-175	151	23	pmg	pmg	PROPN
emaj-175	151	24	estimator	estimator	NOUN
emaj-175	151	25	was	be	AUX
emaj-175	151	26	employed	employ	VERB
emaj-175	151	27	to	to	PART
emaj-175	151	28	reveal	reveal	VERB
emaj-175	151	29	both	both	CCONJ
emaj-175	151	30	the	the	DET
emaj-175	151	31	long	long	ADJ
emaj-175	151	32	-	-	PUNCT
emaj-175	151	33	term	term	NOUN
emaj-175	151	34	and	and	CCONJ
emaj-175	151	35	the	the	DET
emaj-175	151	36	short	short	ADJ
emaj-175	151	37	-	-	PUNCT
emaj-175	151	38	term	term	NOUN
emaj-175	151	39	relationships	relationship	NOUN
emaj-175	151	40	of	of	ADP
emaj-175	151	41	the	the	DET
emaj-175	151	42	series	series	NOUN
emaj-175	151	43	of	of	ADP
emaj-175	151	44	the	the	DET
emaj-175	151	45	model	model	NOUN
emaj-175	151	46	.	.	PUNCT
emaj-175	152	1	the	the	DET
emaj-175	152	2	model	model	NOUN
emaj-175	152	3	the	the	DET
emaj-175	152	4	functional	functional	ADJ
emaj-175	152	5	expression	expression	NOUN
emaj-175	152	6	of	of	ADP
emaj-175	152	7	the	the	DET
emaj-175	152	8	model	model	NOUN
emaj-175	152	9	is	be	AUX
emaj-175	152	10	presented	present	VERB
emaj-175	152	11	in	in	ADP
emaj-175	152	12	eq	eq	ADP
emaj-175	152	13	.	.	PUNCT
emaj-175	153	1	(	(	PUNCT
emaj-175	153	2	1	1	NUM
emaj-175	153	3	)	)	PUNCT
emaj-175	153	4	.	.	PUNCT
emaj-175	154	1	in	in	ADP
emaj-175	154	2	the	the	DET
emaj-175	154	3	model	model	NOUN
emaj-175	154	4	,	,	PUNCT
emaj-175	154	5	fdi	fdi	NOUN
emaj-175	154	6	is	be	AUX
emaj-175	154	7	the	the	DET
emaj-175	154	8	predicted	predict	VERB
emaj-175	154	9	variable	variable	NOUN
emaj-175	154	10	while	while	SCONJ
emaj-175	154	11	economic	economic	ADJ
emaj-175	154	12	growth	growth	NOUN
emaj-175	154	13	(	(	PUNCT
emaj-175	154	14	gdp	gdp	NOUN
emaj-175	154	15	)	)	PUNCT
emaj-175	154	16	,	,	PUNCT
emaj-175	154	17	international	international	ADJ
emaj-175	154	18	trade	trade	NOUN
emaj-175	154	19	(	(	PUNCT
emaj-175	154	20	trade	trade	NOUN
emaj-175	154	21	)	)	PUNCT
emaj-175	154	22	,	,	PUNCT
emaj-175	154	23	domestic	domestic	ADJ
emaj-175	154	24	credit	credit	NOUN
emaj-175	154	25	(	(	PUNCT
emaj-175	154	26	credit	credit	NOUN
emaj-175	154	27	)	)	PUNCT
emaj-175	154	28	,	,	PUNCT
emaj-175	154	29	inflation	inflation	NOUN
emaj-175	154	30	(	(	PUNCT
emaj-175	154	31	inf	inf	NOUN
emaj-175	154	32	)	)	PUNCT
emaj-175	154	33	,	,	PUNCT
emaj-175	154	34	natural	natural	ADJ
emaj-175	154	35	resources	resource	NOUN
emaj-175	154	36	(	(	PUNCT
emaj-175	154	37	nr	nr	NOUN
emaj-175	154	38	)	)	PUNCT
emaj-175	154	39	and	and	CCONJ
emaj-175	154	40	fixed	fix	VERB
emaj-175	154	41	telephone	telephone	NOUN
emaj-175	154	42	subscriptions	subscription	NOUN
emaj-175	154	43	(	(	PUNCT
emaj-175	154	44	fts	fts	X
emaj-175	154	45	)	)	PUNCT
emaj-175	154	46	are	be	AUX
emaj-175	154	47	the	the	DET
emaj-175	154	48	predictor	predictor	NOUN
emaj-175	154	49	variables	variable	NOUN
emaj-175	154	50	of	of	ADP
emaj-175	154	51	the	the	DET
emaj-175	154	52	model	model	NOUN
emaj-175	154	53	.	.	PUNCT
emaj-175	155	1	(	(	PUNCT
emaj-175	155	2	)	)	PUNCT
emaj-175	155	3	fdi	fdi	NOUN
emaj-175	155	4	:	:	PUNCT
emaj-175	155	5	foreign	foreign	ADJ
emaj-175	155	6	direct	direct	ADJ
emaj-175	155	7	investment	investment	NOUN
emaj-175	155	8	,	,	PUNCT
emaj-175	155	9	net	net	ADJ
emaj-175	155	10	inflows	inflow	NOUN
emaj-175	155	11	(	(	PUNCT
emaj-175	155	12	%	%	NOUN
emaj-175	155	13	of	of	ADP
emaj-175	155	14	gdp	gdp	PROPN
emaj-175	155	15	)	)	PUNCT
emaj-175	155	16	gdp	gdp	PROPN
emaj-175	155	17	:	:	PUNCT
emaj-175	155	18	gdp	gdp	NOUN
emaj-175	155	19	growth	growth	NOUN
emaj-175	155	20	(	(	PUNCT
emaj-175	155	21	annual	annual	ADJ
emaj-175	155	22	%	%	NOUN
emaj-175	155	23	)	)	PUNCT
emaj-175	155	24	trade	trade	NOUN
emaj-175	155	25	:	:	PUNCT
emaj-175	155	26	trade	trade	NOUN
emaj-175	155	27	(	(	PUNCT
emaj-175	155	28	%	%	NOUN
emaj-175	155	29	of	of	ADP
emaj-175	155	30	gdp	gdp	NOUN
emaj-175	155	31	)	)	PUNCT
emaj-175	155	32	credit	credit	NOUN
emaj-175	155	33	:	:	PUNCT
emaj-175	155	34	domestic	domestic	ADJ
emaj-175	155	35	credit	credit	NOUN
emaj-175	155	36	to	to	ADP
emaj-175	155	37	private	private	ADJ
emaj-175	155	38	sector	sector	NOUN
emaj-175	155	39	(	(	PUNCT
emaj-175	155	40	%	%	NOUN
emaj-175	155	41	of	of	ADP
emaj-175	155	42	gdp	gdp	PROPN
emaj-175	155	43	)	)	PUNCT
emaj-175	155	44	inf	inf	NOUN
emaj-175	155	45	:	:	PUNCT
emaj-175	155	46	inflation	inflation	NOUN
emaj-175	155	47	,	,	PUNCT
emaj-175	155	48	gdp	gdp	NOUN
emaj-175	155	49	deflator	deflator	NOUN
emaj-175	155	50	(	(	PUNCT
emaj-175	155	51	annual	annual	ADJ
emaj-175	155	52	%	%	NOUN
emaj-175	155	53	)	)	PUNCT
emaj-175	156	1	nr	nr	PROPN
emaj-175	156	2	:	:	PUNCT
emaj-175	156	3	total	total	ADJ
emaj-175	156	4	natural	natural	ADJ
emaj-175	156	5	resources	resource	NOUN
emaj-175	156	6	rents	rent	NOUN
emaj-175	156	7	(	(	PUNCT
emaj-175	156	8	%	%	NOUN
emaj-175	156	9	of	of	ADP
emaj-175	156	10	gdp	gdp	NOUN
emaj-175	156	11	)	)	PUNCT
emaj-175	156	12	fts	fts	PROPN
emaj-175	156	13	:	:	PUNCT
emaj-175	156	14	fixed	fix	VERB
emaj-175	156	15	telephone	telephone	NOUN
emaj-175	156	16	subscriptions	subscription	NOUN
emaj-175	156	17	(	(	PUNCT
emaj-175	156	18	per	per	ADP
emaj-175	156	19	100	100	NUM
emaj-175	156	20	people	people	NOUN
emaj-175	156	21	)	)	PUNCT
emaj-175	156	22	(	(	PUNCT
emaj-175	156	23	1	1	X
emaj-175	156	24	)	)	PUNCT
emaj-175	156	25	eq.1	eq.1	PROPN
emaj-175	156	26	the	the	DET
emaj-175	156	27	functional	functional	ADJ
emaj-175	156	28	model	model	NOUN
emaj-175	156	29	can	can	AUX
emaj-175	156	30	be	be	AUX
emaj-175	156	31	expressed	express	VERB
emaj-175	156	32	in	in	ADP
emaj-175	156	33	statistical	statistical	ADJ
emaj-175	156	34	form	form	NOUN
emaj-175	156	35	,	,	PUNCT
emaj-175	156	36	as	as	ADP
emaj-175	156	37	in	in	ADP
emaj-175	156	38	eq	eq	NOUN
emaj-175	156	39	.	.	PUNCT
emaj-175	157	1	(	(	PUNCT
emaj-175	157	2	2	2	NUM
emaj-175	157	3	)	)	PUNCT
emaj-175	157	4	(	(	PUNCT
emaj-175	157	5	2	2	X
emaj-175	157	6	)	)	PUNCT
emaj-175	157	7	in	in	ADP
emaj-175	157	8	eq	eq	ADP
emaj-175	157	9	.	.	PUNCT
emaj-175	158	1	(	(	PUNCT
emaj-175	158	2	2	2	NUM
emaj-175	158	3	)	)	PUNCT
emaj-175	158	4	,	,	PUNCT
emaj-175	158	5	shows	show	VERB
emaj-175	158	6	the	the	DET
emaj-175	158	7	“	"	PUNCT
emaj-175	158	8	constant	constant	ADJ
emaj-175	158	9	term	term	NOUN
emaj-175	158	10	”	"	PUNCT
emaj-175	158	11	,	,	PUNCT
emaj-175	158	12	while	while	SCONJ
emaj-175	158	13	(	(	PUNCT
emaj-175	158	14	…	…	PUNCT
emaj-175	158	15	)	)	PUNCT
emaj-175	158	16	represents	represent	VERB
emaj-175	158	17	the	the	DET
emaj-175	158	18	coefficients	coefficient	NOUN
emaj-175	158	19	that	that	PRON
emaj-175	158	20	specify	specify	VERB
emaj-175	158	21	the	the	DET
emaj-175	158	22	relationship	relationship	NOUN
emaj-175	158	23	between	between	ADP
emaj-175	158	24	the	the	DET
emaj-175	158	25	predicted	predict	VERB
emaj-175	158	26	variable	variable	NOUN
emaj-175	158	27	and	and	CCONJ
emaj-175	158	28	the	the	DET
emaj-175	158	29	predictor	predictor	NOUN
emaj-175	158	30	variables	variable	VERB
emaj-175	158	31	;	;	PUNCT
emaj-175	158	32	(	(	PUNCT
emaj-175	158	33	)	)	PUNCT
emaj-175	158	34	denotes	denote	VERB
emaj-175	158	35	the	the	DET
emaj-175	158	36	countries	country	NOUN
emaj-175	158	37	,	,	PUNCT
emaj-175	158	38	and	and	CCONJ
emaj-175	158	39	refers	refer	VERB
emaj-175	158	40	to	to	ADP
emaj-175	158	41	the	the	DET
emaj-175	158	42	error	error	NOUN
emaj-175	158	43	term	term	NOUN
emaj-175	158	44	.	.	PUNCT
emaj-175	159	1	volume	volume	NOUN
emaj-175	159	2	9	9	NUM
emaj-175	159	3	no	no	DET
emaj-175	159	4	1	1	NUM
emaj-175	159	5	(	(	PUNCT
emaj-175	159	6	2019	2019	NUM
emaj-175	159	7	)	)	PUNCT
emaj-175	159	8	|	|	ADV
emaj-175	159	9	issn	issn	VERB
emaj-175	159	10	2158	2158	NUM
emaj-175	159	11	-	-	SYM
emaj-175	159	12	8708	8708	NUM
emaj-175	159	13	(	(	PUNCT
emaj-175	159	14	online	online	NOUN
emaj-175	159	15	)	)	PUNCT
emaj-175	159	16	|	|	ADV
emaj-175	159	17	doi	doi	X
emaj-175	159	18	10.5195	10.5195	NUM
emaj-175	159	19	/	/	SYM
emaj-175	159	20	emaj.2019.175	emaj.2019.175	NOUN
emaj-175	160	1	|	|	NOUN
emaj-175	160	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-175	160	3	determinants	determinant	NOUN
emaj-175	160	4	of	of	ADP
emaj-175	160	5	foreign	foreign	ADJ
emaj-175	160	6	direct	direct	ADJ
emaj-175	160	7	investment	investment	NOUN
emaj-175	160	8	:	:	PUNCT
emaj-175	160	9	a	a	DET
emaj-175	160	10	panel	panel	NOUN
emaj-175	160	11	data	data	VERB
emaj-175	160	12	analysis	analysis	NOUN
emaj-175	160	13	for	for	ADP
emaj-175	160	14	sub	sub	ADJ
emaj-175	160	15	-	-	ADJ
emaj-175	160	16	saharan	saharan	ADJ
emaj-175	160	17	african	african	ADJ
emaj-175	160	18	countries	country	NOUN
emaj-175	160	19	page	page	NOUN
emaj-175	160	20	|84|	|84|	NOUN
emaj-175	160	21	emerging	emerge	VERB
emaj-175	160	22	markets	market	NOUN
emaj-175	160	23	journal	journal	VERB
emaj-175	160	24	the	the	DET
emaj-175	160	25	model	model	NOUN
emaj-175	160	26	can	can	AUX
emaj-175	160	27	be	be	AUX
emaj-175	160	28	redefined	redefine	VERB
emaj-175	160	29	based	base	VERB
emaj-175	160	30	on	on	ADP
emaj-175	160	31	ardl	ardl	PROPN
emaj-175	160	32	model	model	NOUN
emaj-175	160	33	.	.	PUNCT
emaj-175	161	1	the	the	DET
emaj-175	161	2	re	re	ADJ
emaj-175	161	3	-	-	ADJ
emaj-175	161	4	parameterised	parameterised	ADJ
emaj-175	161	5	ardl	ardl	NOUN
emaj-175	161	6	(	(	PUNCT
emaj-175	161	7	m	m	PROPN
emaj-175	161	8	,	,	PUNCT
emaj-175	161	9	n	n	CCONJ
emaj-175	161	10	,	,	PUNCT
emaj-175	161	11	n	n	CCONJ
emaj-175	161	12	,	,	PUNCT
emaj-175	161	13	n	n	CCONJ
emaj-175	161	14	)	)	PUNCT
emaj-175	161	15	error	error	NOUN
emaj-175	161	16	correction	correction	NOUN
emaj-175	161	17	model	model	NOUN
emaj-175	161	18	is	be	AUX
emaj-175	161	19	expressed	express	VERB
emaj-175	161	20	as	as	ADP
emaj-175	161	21	:	:	PUNCT
emaj-175	161	22	(	(	PUNCT
emaj-175	161	23	3	3	X
emaj-175	161	24	)	)	PUNCT
emaj-175	161	25	in	in	ADP
emaj-175	161	26	eq.3	eq.3	PROPN
emaj-175	161	27	,	,	PUNCT
emaj-175	161	28	is	be	AUX
emaj-175	161	29	the	the	DET
emaj-175	161	30	vector	vector	NOUN
emaj-175	161	31	that	that	PRON
emaj-175	161	32	symbolises	symbolise	VERB
emaj-175	161	33	the	the	DET
emaj-175	161	34	long	long	ADJ
emaj-175	161	35	-	-	PUNCT
emaj-175	161	36	term	term	NOUN
emaj-175	161	37	relationships	relationship	NOUN
emaj-175	161	38	.	.	PUNCT
emaj-175	162	1	the	the	DET
emaj-175	162	2	expression	expression	NOUN
emaj-175	162	3	of	of	ADP
emaj-175	162	4	[	[	PUNCT
emaj-175	162	5	]	]	X
emaj-175	162	6	represents	represent	VERB
emaj-175	162	7	the	the	DET
emaj-175	162	8	error	error	NOUN
emaj-175	162	9	correction	correction	NOUN
emaj-175	162	10	term	term	NOUN
emaj-175	162	11	.	.	PUNCT
emaj-175	163	1	and	and	CCONJ
emaj-175	163	2	are	be	AUX
emaj-175	163	3	the	the	DET
emaj-175	163	4	short	short	ADJ
emaj-175	163	5	-	-	PUNCT
emaj-175	163	6	term	term	NOUN
emaj-175	163	7	dynamic	dynamic	ADJ
emaj-175	163	8	coefficients	coefficient	NOUN
emaj-175	163	9	.	.	PUNCT
emaj-175	164	1	the	the	DET
emaj-175	164	2	model	model	NOUN
emaj-175	164	3	can	can	AUX
emaj-175	164	4	be	be	AUX
emaj-175	164	5	described	describe	VERB
emaj-175	164	6	as	as	ADP
emaj-175	164	7	:	:	PUNCT
emaj-175	164	8	(	(	PUNCT
emaj-175	164	9	4	4	X
emaj-175	164	10	)	)	PUNCT
emaj-175	164	11	findings	finding	VERB
emaj-175	164	12	descriptive	descriptive	ADJ
emaj-175	164	13	statistics	statistic	NOUN
emaj-175	164	14	presented	present	VERB
emaj-175	164	15	in	in	ADP
emaj-175	164	16	table	table	NOUN
emaj-175	164	17	1	1	NUM
emaj-175	164	18	shows	show	VERB
emaj-175	164	19	the	the	DET
emaj-175	164	20	values	value	NOUN
emaj-175	164	21	of	of	ADP
emaj-175	164	22	observation	observation	NOUN
emaj-175	164	23	,	,	PUNCT
emaj-175	164	24	mean	mean	ADJ
emaj-175	164	25	,	,	PUNCT
emaj-175	164	26	standard	standard	ADJ
emaj-175	164	27	deviation	deviation	NOUN
emaj-175	164	28	,	,	PUNCT
emaj-175	164	29	minimum	minimum	NOUN
emaj-175	164	30	and	and	CCONJ
emaj-175	164	31	maximum	maximum	ADJ
emaj-175	164	32	to	to	PART
emaj-175	164	33	reveal	reveal	VERB
emaj-175	164	34	the	the	DET
emaj-175	164	35	characteristics	characteristic	NOUN
emaj-175	164	36	of	of	ADP
emaj-175	164	37	the	the	DET
emaj-175	164	38	series	series	NOUN
emaj-175	164	39	.	.	PUNCT
emaj-175	165	1	once	once	ADV
emaj-175	165	2	the	the	DET
emaj-175	165	3	standard	standard	ADJ
emaj-175	165	4	deviation	deviation	NOUN
emaj-175	165	5	values	value	NOUN
emaj-175	165	6	revised	revise	VERB
emaj-175	165	7	,	,	PUNCT
emaj-175	165	8	it	it	PRON
emaj-175	165	9	can	can	AUX
emaj-175	165	10	be	be	AUX
emaj-175	165	11	seen	see	VERB
emaj-175	165	12	that	that	SCONJ
emaj-175	165	13	the	the	DET
emaj-175	165	14	series	serie	NOUN
emaj-175	165	15	are	be	AUX
emaj-175	165	16	large	large	ADJ
emaj-175	165	17	enough	enough	ADV
emaj-175	165	18	to	to	PART
emaj-175	165	19	explore	explore	VERB
emaj-175	165	20	the	the	DET
emaj-175	165	21	variations	variation	NOUN
emaj-175	165	22	in	in	ADP
emaj-175	165	23	the	the	DET
emaj-175	165	24	data	datum	NOUN
emaj-175	165	25	.	.	PUNCT
emaj-175	166	1	table	table	NOUN
emaj-175	166	2	1	1	NUM
emaj-175	166	3	:	:	PUNCT
emaj-175	166	4	descriptive	descriptive	ADJ
emaj-175	166	5	statistics	statistic	NOUN
emaj-175	166	6	it	it	PRON
emaj-175	166	7	is	be	AUX
emaj-175	166	8	needed	need	VERB
emaj-175	166	9	to	to	PART
emaj-175	166	10	revise	revise	VERB
emaj-175	166	11	the	the	DET
emaj-175	166	12	correlation	correlation	NOUN
emaj-175	166	13	between	between	ADP
emaj-175	166	14	the	the	DET
emaj-175	166	15	explanatory	explanatory	ADJ
emaj-175	166	16	variables	variable	NOUN
emaj-175	166	17	.	.	PUNCT
emaj-175	167	1	if	if	SCONJ
emaj-175	167	2	the	the	DET
emaj-175	167	3	correlation	correlation	NOUN
emaj-175	167	4	statistic	statistic	NOUN
emaj-175	167	5	is	be	AUX
emaj-175	167	6	0.80	0.80	NUM
emaj-175	167	7	or	or	CCONJ
emaj-175	167	8	above	above	ADV
emaj-175	167	9	,	,	PUNCT
emaj-175	167	10	it	it	PRON
emaj-175	167	11	is	be	AUX
emaj-175	167	12	an	an	DET
emaj-175	167	13	evidence	evidence	NOUN
emaj-175	167	14	of	of	ADP
emaj-175	167	15	the	the	DET
emaj-175	167	16	linear	linear	ADJ
emaj-175	167	17	relationships	relationship	NOUN
emaj-175	167	18	among	among	ADP
emaj-175	167	19	the	the	DET
emaj-175	167	20	variables	variable	NOUN
emaj-175	167	21	and	and	CCONJ
emaj-175	167	22	therefore	therefore	ADV
emaj-175	167	23	should	should	AUX
emaj-175	167	24	be	be	AUX
emaj-175	167	25	dropped	drop	VERB
emaj-175	167	26	because	because	SCONJ
emaj-175	167	27	the	the	DET
emaj-175	167	28	model	model	NOUN
emaj-175	167	29	does	do	AUX
emaj-175	167	30	not	not	PART
emaj-175	167	31	include	include	VERB
emaj-175	167	32	both	both	DET
emaj-175	167	33	repressors	repressor	NOUN
emaj-175	167	34	.	.	PUNCT
emaj-175	168	1	the	the	DET
emaj-175	168	2	outcomes	outcome	NOUN
emaj-175	168	3	of	of	ADP
emaj-175	168	4	the	the	DET
emaj-175	168	5	correlations	correlation	NOUN
emaj-175	168	6	between	between	ADP
emaj-175	168	7	the	the	DET
emaj-175	168	8	variables	variable	NOUN
emaj-175	168	9	are	be	AUX
emaj-175	168	10	presented	present	VERB
emaj-175	168	11	in	in	ADP
emaj-175	168	12	table	table	NOUN
emaj-175	168	13	2	2	NUM
emaj-175	168	14	.	.	PUNCT
emaj-175	168	15	table	table	NOUN
emaj-175	168	16	2	2	NUM
emaj-175	168	17	:	:	PUNCT
emaj-175	168	18	correlation	correlation	NOUN
emaj-175	168	19	analysis	analysis	NOUN
emaj-175	168	20	the	the	DET
emaj-175	168	21	outcomes	outcome	NOUN
emaj-175	168	22	of	of	ADP
emaj-175	168	23	correlation	correlation	NOUN
emaj-175	168	24	analysis	analysis	NOUN
emaj-175	168	25	in	in	ADP
emaj-175	168	26	table	table	NOUN
emaj-175	168	27	2	2	NUM
emaj-175	168	28	show	show	VERB
emaj-175	168	29	that	that	SCONJ
emaj-175	168	30	none	none	NOUN
emaj-175	168	31	of	of	ADP
emaj-175	168	32	correlation	correlation	NOUN
emaj-175	168	33	statistics	statistic	NOUN
emaj-175	168	34	are	be	AUX
emaj-175	168	35	equal	equal	ADJ
emaj-175	168	36	or	or	CCONJ
emaj-175	168	37	higher	high	ADJ
emaj-175	168	38	than	than	ADP
emaj-175	168	39	0,80	0,80	NOUN
emaj-175	168	40	.	.	PUNCT
emaj-175	169	1	so	so	ADV
emaj-175	169	2	,	,	PUNCT
emaj-175	169	3	there	there	PRON
emaj-175	169	4	is	be	VERB
emaj-175	169	5	no	no	DET
emaj-175	169	6	linear	linear	ADJ
emaj-175	169	7	relationship	relationship	NOUN
emaj-175	169	8	between	between	ADP
emaj-175	169	9	the	the	DET
emaj-175	169	10	explanatory	explanatory	ADJ
emaj-175	169	11	variables	variable	NOUN
emaj-175	169	12	.	.	PUNCT
emaj-175	170	1	the	the	DET
emaj-175	170	2	stationarity	stationarity	NOUN
emaj-175	170	3	of	of	ADP
emaj-175	170	4	the	the	DET
emaj-175	170	5	series	series	NOUN
emaj-175	170	6	or	or	CCONJ
emaj-175	170	7	in	in	ADP
emaj-175	170	8	other	other	ADJ
emaj-175	170	9	words	word	NOUN
emaj-175	170	10	,	,	PUNCT
emaj-175	170	11	the	the	DET
emaj-175	170	12	integration	integration	NOUN
emaj-175	170	13	level	level	NOUN
emaj-175	170	14	of	of	ADP
emaj-175	170	15	the	the	DET
emaj-175	170	16	series	series	NOUN
emaj-175	170	17	is	be	AUX
emaj-175	170	18	a	a	DET
emaj-175	170	19	crucial	crucial	ADJ
emaj-175	170	20	point	point	NOUN
emaj-175	170	21	to	to	PART
emaj-175	170	22	define	define	VERB
emaj-175	170	23	the	the	DET
emaj-175	170	24	proper	proper	ADJ
emaj-175	170	25	testing	testing	NOUN
emaj-175	170	26	method	method	NOUN
emaj-175	170	27	,	,	PUNCT
emaj-175	170	28	which	which	PRON
emaj-175	170	29	reveals	reveal	VERB
emaj-175	170	30	the	the	DET
emaj-175	170	31	relationships	relationship	NOUN
emaj-175	170	32	between	between	ADP
emaj-175	170	33	the	the	DET
emaj-175	170	34	series	series	NOUN
emaj-175	170	35	.	.	PUNCT
emaj-175	171	1	one	one	NUM
emaj-175	171	2	of	of	ADP
emaj-175	171	3	unit	unit	NOUN
emaj-175	171	4	root	root	NOUN
emaj-175	171	5	tests	test	NOUN
emaj-175	171	6	will	will	AUX
emaj-175	171	7	be	be	AUX
emaj-175	171	8	employed	employ	VERB
emaj-175	171	9	to	to	PART
emaj-175	171	10	explore	explore	VERB
emaj-175	171	11	the	the	DET
emaj-175	171	12	integration	integration	NOUN
emaj-175	171	13	level	level	NOUN
emaj-175	171	14	of	of	ADP
emaj-175	171	15	the	the	DET
emaj-175	171	16	series	series	NOUN
emaj-175	171	17	.	.	PUNCT
emaj-175	172	1	however	however	ADV
emaj-175	172	2	,	,	PUNCT
emaj-175	172	3	to	to	PART
emaj-175	172	4	choose	choose	VERB
emaj-175	172	5	the	the	DET
emaj-175	172	6	right	right	ADJ
emaj-175	172	7	unit	unit	NOUN
emaj-175	172	8	root	root	NOUN
emaj-175	172	9	test	test	NOUN
emaj-175	172	10	method	method	NOUN
emaj-175	172	11	,	,	PUNCT
emaj-175	172	12	the	the	DET
emaj-175	172	13	cross	cross	ADJ
emaj-175	172	14	-	-	ADJ
emaj-175	172	15	sectional	sectional	ADJ
emaj-175	172	16	dependence	dependence	NOUN
emaj-175	172	17	between	between	ADP
emaj-175	172	18	the	the	DET
emaj-175	172	19	units	unit	NOUN
emaj-175	172	20	should	should	AUX
emaj-175	172	21	be	be	AUX
emaj-175	172	22	investigated	investigate	VERB
emaj-175	172	23	.	.	PUNCT
emaj-175	173	1	in	in	ADP
emaj-175	173	2	case	case	NOUN
emaj-175	173	3	of	of	ADP
emaj-175	173	4	existence	existence	NOUN
emaj-175	173	5	of	of	ADP
emaj-175	173	6	cross	cross	ADJ
emaj-175	173	7	-	-	ADJ
emaj-175	173	8	section	section	ADJ
emaj-175	173	9	dependence	dependence	NOUN
emaj-175	173	10	between	between	ADP
emaj-175	173	11	the	the	DET
emaj-175	173	12	units	unit	NOUN
emaj-175	173	13	,	,	PUNCT
emaj-175	173	14	“	"	PUNCT
emaj-175	173	15	one	one	NUM
emaj-175	173	16	of	of	ADP
emaj-175	173	17	the	the	DET
emaj-175	173	18	firstgeneration	firstgeneration	NOUN
emaj-175	173	19	panel	panel	NOUN
emaj-175	173	20	unit	unit	NOUN
emaj-175	173	21	root	root	NOUN
emaj-175	173	22	tests	test	NOUN
emaj-175	173	23	”	"	PUNCT
emaj-175	173	24	,	,	PUNCT
emaj-175	173	25	otherwise	otherwise	ADV
emaj-175	173	26	“	"	PUNCT
emaj-175	173	27	one	one	NUM
emaj-175	173	28	of	of	ADP
emaj-175	173	29	the	the	DET
emaj-175	173	30	second	second	ADJ
emaj-175	173	31	-	-	PUNCT
emaj-175	173	32	generation	generation	NOUN
emaj-175	173	33	panel	panel	NOUN
emaj-175	173	34	unit	unit	NOUN
emaj-175	173	35	root	root	NOUN
emaj-175	173	36	tests	test	NOUN
emaj-175	173	37	”	"	PUNCT
emaj-175	173	38	should	should	AUX
emaj-175	173	39	be	be	AUX
emaj-175	173	40	performed	perform	VERB
emaj-175	173	41	.	.	PUNCT
emaj-175	174	1	pesaran	pesaran	PROPN
emaj-175	174	2	(	(	PUNCT
emaj-175	174	3	2004	2004	NUM
emaj-175	174	4	)	)	PUNCT
emaj-175	174	5	cd	cd	NOUN
emaj-175	174	6	-	-	PUNCT
emaj-175	174	7	test	test	NOUN
emaj-175	174	8	was	be	AUX
emaj-175	174	9	performed	perform	VERB
emaj-175	174	10	to	to	PART
emaj-175	174	11	reveal	reveal	VERB
emaj-175	174	12	the	the	DET
emaj-175	174	13	cross	cross	ADJ
emaj-175	174	14	-	-	ADJ
emaj-175	174	15	section	section	ADJ
emaj-175	174	16	dependence	dependence	NOUN
emaj-175	174	17	and	and	CCONJ
emaj-175	174	18	the	the	DET
emaj-175	174	19	outcomes	outcome	NOUN
emaj-175	174	20	of	of	ADP
emaj-175	174	21	the	the	DET
emaj-175	174	22	test	test	NOUN
emaj-175	174	23	,	,	PUNCT
emaj-175	174	24	“	"	PUNCT
emaj-175	174	25	under	under	ADP
emaj-175	174	26	the	the	DET
emaj-175	174	27	null	null	ADJ
emaj-175	174	28	hypothesis	hypothesis	NOUN
emaj-175	174	29	of	of	ADP
emaj-175	174	30	cross	cross	ADJ
emaj-175	174	31	-	-	ADJ
emaj-175	174	32	section	section	ADJ
emaj-175	174	33	independence	independence	NOUN
emaj-175	174	34	”	"	PUNCT
emaj-175	174	35	,	,	PUNCT
emaj-175	174	36	are	be	AUX
emaj-175	174	37	reported	report	VERB
emaj-175	174	38	in	in	ADP
emaj-175	174	39	table	table	NOUN
emaj-175	174	40	3	3	NUM
emaj-175	174	41	.	.	PUNCT
emaj-175	174	42	table	table	NOUN
emaj-175	174	43	3	3	NUM
emaj-175	174	44	:	:	PUNCT
emaj-175	174	45	pesaran	pesaran	PROPN
emaj-175	174	46	(	(	PUNCT
emaj-175	174	47	2004	2004	NUM
emaj-175	174	48	)	)	PUNCT
emaj-175	174	49	cd	cd	PROPN
emaj-175	174	50	test	test	NOUN
emaj-175	174	51	outcomes	outcome	NOUN
emaj-175	174	52	as	as	SCONJ
emaj-175	174	53	seen	see	VERB
emaj-175	174	54	in	in	ADP
emaj-175	174	55	table	table	NOUN
emaj-175	174	56	4	4	NUM
emaj-175	174	57	,	,	PUNCT
emaj-175	174	58	the	the	DET
emaj-175	174	59	p	p	NOUN
emaj-175	174	60	-	-	PUNCT
emaj-175	174	61	values	value	NOUN
emaj-175	174	62	of	of	ADP
emaj-175	174	63	the	the	DET
emaj-175	174	64	series	series	NOUN
emaj-175	174	65	are	be	AUX
emaj-175	174	66	0.000	0.000	NUM
emaj-175	174	67	and	and	CCONJ
emaj-175	174	68	lower	low	ADJ
emaj-175	174	69	than	than	ADP
emaj-175	174	70	0.05	0.05	NUM
emaj-175	174	71	.	.	PUNCT
emaj-175	175	1	therefore	therefore	ADV
emaj-175	175	2	,	,	PUNCT
emaj-175	175	3	the	the	DET
emaj-175	175	4	null	null	ADJ
emaj-175	175	5	hypothesis	hypothesis	NOUN
emaj-175	175	6	is	be	AUX
emaj-175	175	7	rejected	reject	VERB
emaj-175	175	8	and	and	CCONJ
emaj-175	175	9	it	it	PRON
emaj-175	175	10	is	be	AUX
emaj-175	175	11	concluded	conclude	VERB
emaj-175	175	12	that	that	SCONJ
emaj-175	175	13	,	,	PUNCT
emaj-175	175	14	there	there	PRON
emaj-175	175	15	is	be	VERB
emaj-175	175	16	cross	cross	ADJ
emaj-175	175	17	-	-	ADJ
emaj-175	175	18	section	section	ADJ
emaj-175	175	19	dependence	dependence	NOUN
emaj-175	175	20	between	between	ADP
emaj-175	175	21	the	the	DET
emaj-175	175	22	units	unit	NOUN
emaj-175	175	23	.	.	PUNCT
emaj-175	176	1	therefore	therefore	ADV
emaj-175	176	2	,	,	PUNCT
emaj-175	176	3	it	it	PRON
emaj-175	176	4	is	be	AUX
emaj-175	176	5	needed	need	VERB
emaj-175	176	6	to	to	PART
emaj-175	176	7	employ	employ	VERB
emaj-175	176	8	one	one	NUM
emaj-175	176	9	of	of	ADP
emaj-175	176	10	the	the	DET
emaj-175	176	11	second	second	ADJ
emaj-175	176	12	-	-	PUNCT
emaj-175	176	13	generation	generation	NOUN
emaj-175	176	14	unit	unit	NOUN
emaj-175	176	15	root	root	NOUN
emaj-175	176	16	test	test	NOUN
emaj-175	176	17	methods	method	NOUN
emaj-175	176	18	in	in	ADP
emaj-175	176	19	the	the	DET
emaj-175	176	20	stationary	stationary	ADJ
emaj-175	176	21	analysis	analysis	NOUN
emaj-175	176	22	.	.	PUNCT
emaj-175	177	1	i	i	PRON
emaj-175	177	2	m	m	VERB
emaj-175	177	3	,	,	PUNCT
emaj-175	177	4	pesaran	pesaran	NOUN
emaj-175	177	5	and	and	CCONJ
emaj-175	177	6	shin	shin	NOUN
emaj-175	177	7	(	(	PUNCT
emaj-175	177	8	ips	ips	PROPN
emaj-175	177	9	)	)	PUNCT
emaj-175	177	10	is	be	AUX
emaj-175	177	11	one	one	NUM
emaj-175	177	12	of	of	ADP
emaj-175	177	13	the	the	DET
emaj-175	177	14	second	second	ADJ
emaj-175	177	15	-	-	PUNCT
emaj-175	177	16	generation	generation	NOUN
emaj-175	177	17	unit	unit	NOUN
emaj-175	177	18	root	root	NOUN
emaj-175	177	19	test	test	NOUN
emaj-175	177	20	that	that	PRON
emaj-175	177	21	was	be	AUX
emaj-175	177	22	performed	perform	VERB
emaj-175	177	23	and	and	CCONJ
emaj-175	177	24	the	the	DET
emaj-175	177	25	null	null	ADJ
emaj-175	177	26	hypothesis	hypothesis	NOUN
emaj-175	177	27	“	"	PUNCT
emaj-175	177	28	h0	h0	PROPN
emaj-175	177	29	:	:	PUNCT
emaj-175	177	30	all	all	DET
emaj-175	177	31	panels	panel	NOUN
emaj-175	177	32	contain	contain	VERB
emaj-175	177	33	unit	unit	NOUN
emaj-175	177	34	roots	root	NOUN
emaj-175	177	35	”	"	PUNCT
emaj-175	177	36	is	be	AUX
emaj-175	177	37	tested	test	VERB
emaj-175	177	38	against	against	ADP
emaj-175	177	39	“	"	PUNCT
emaj-175	177	40	ha	ha	INTJ
emaj-175	177	41	:	:	PUNCT
emaj-175	177	42	some	some	DET
emaj-175	177	43	panels	panel	NOUN
emaj-175	177	44	are	be	AUX
emaj-175	177	45	stationary	stationary	ADJ
emaj-175	177	46	”	"	PUNCT
emaj-175	177	47	and	and	CCONJ
emaj-175	177	48	the	the	DET
emaj-175	177	49	outcomes	outcome	NOUN
emaj-175	177	50	are	be	AUX
emaj-175	177	51	presented	present	VERB
emaj-175	177	52	in	in	ADP
emaj-175	177	53	table	table	NOUN
emaj-175	177	54	4	4	NUM
emaj-175	177	55	.	.	PUNCT
emaj-175	177	56	table	table	NOUN
emaj-175	177	57	4	4	NUM
emaj-175	177	58	:	:	PUNCT
emaj-175	177	59	ips	ips	PROPN
emaj-175	177	60	unit	unit	NOUN
emaj-175	177	61	root	root	PROPN
emaj-175	177	62	test	test	NOUN
emaj-175	177	63	outcomes	outcome	NOUN
emaj-175	177	64	the	the	DET
emaj-175	177	65	outcomes	outcome	NOUN
emaj-175	177	66	of	of	ADP
emaj-175	177	67	table	table	NOUN
emaj-175	177	68	4	4	NUM
emaj-175	177	69	show	show	VERB
emaj-175	177	70	that	that	SCONJ
emaj-175	177	71	fdi	fdi	NOUN
emaj-175	177	72	,	,	PUNCT
emaj-175	177	73	trade	trade	NOUN
emaj-175	177	74	,	,	PUNCT
emaj-175	177	75	inf	inf	NOUN
emaj-175	177	76	and	and	CCONJ
emaj-175	177	77	nr	nr	NOUN
emaj-175	177	78	are	be	AUX
emaj-175	177	79	stationary	stationary	ADJ
emaj-175	177	80	at	at	ADP
emaj-175	177	81	the	the	DET
emaj-175	177	82	level	level	NOUN
emaj-175	177	83	because	because	SCONJ
emaj-175	177	84	p	p	NOUN
emaj-175	177	85	-	-	PUNCT
emaj-175	177	86	values	value	NOUN
emaj-175	177	87	of	of	ADP
emaj-175	177	88	the	the	DET
emaj-175	177	89	statistics	statistic	NOUN
emaj-175	177	90	are	be	AUX
emaj-175	177	91	below	below	ADP
emaj-175	177	92	0.05	0.05	NUM
emaj-175	177	93	,	,	PUNCT
emaj-175	177	94	while	while	SCONJ
emaj-175	177	95	gdp	gdp	NOUN
emaj-175	177	96	,	,	PUNCT
emaj-175	177	97	credit	credit	NOUN
emaj-175	177	98	and	and	CCONJ
emaj-175	177	99	fts	fts	PROPN
emaj-175	177	100	are	be	AUX
emaj-175	177	101	not	not	PART
emaj-175	177	102	.	.	PUNCT
emaj-175	178	1	however	however	ADV
emaj-175	178	2	,	,	PUNCT
emaj-175	178	3	once	once	ADV
emaj-175	178	4	the	the	DET
emaj-175	178	5	first	first	ADJ
emaj-175	178	6	order	order	NOUN
emaj-175	178	7	differences	difference	NOUN
emaj-175	178	8	are	be	AUX
emaj-175	178	9	taken	take	VERB
emaj-175	178	10	;	;	PUNCT
emaj-175	178	11	gdp	gdp	NOUN
emaj-175	178	12	,	,	PUNCT
emaj-175	178	13	credit	credit	NOUN
emaj-175	178	14	and	and	CCONJ
emaj-175	178	15	fts	fts	PROPN
emaj-175	178	16	became	become	VERB
emaj-175	178	17	stationary	stationary	ADJ
emaj-175	178	18	because	because	SCONJ
emaj-175	178	19	p	p	NOUN
emaj-175	178	20	-	-	PUNCT
emaj-175	178	21	values	value	NOUN
emaj-175	178	22	of	of	ADP
emaj-175	178	23	the	the	DET
emaj-175	178	24	statistics	statistic	NOUN
emaj-175	178	25	are	be	AUX
emaj-175	178	26	below	below	ADP
emaj-175	178	27	than	than	ADP
emaj-175	178	28	0.05	0.05	NUM
emaj-175	178	29	significance	significance	NOUN
emaj-175	178	30	levels	level	NOUN
emaj-175	178	31	.	.	PUNCT
emaj-175	179	1	as	as	ADP
emaj-175	179	2	a	a	DET
emaj-175	179	3	result	result	NOUN
emaj-175	179	4	,	,	PUNCT
emaj-175	179	5	the	the	DET
emaj-175	179	6	integration	integration	NOUN
emaj-175	179	7	orders	order	NOUN
emaj-175	179	8	of	of	ADP
emaj-175	179	9	fdi	fdi	NOUN
emaj-175	179	10	,	,	PUNCT
emaj-175	179	11	trade	trade	NOUN
emaj-175	179	12	,	,	PUNCT
emaj-175	179	13	inf	inf	NOUN
emaj-175	179	14	and	and	CCONJ
emaj-175	179	15	nr	nr	PRON
emaj-175	179	16	are	be	AUX
emaj-175	179	17	i(0	i(0	PROPN
emaj-175	179	18	)	)	PUNCT
emaj-175	179	19	and	and	CCONJ
emaj-175	179	20	the	the	DET
emaj-175	179	21	integration	integration	NOUN
emaj-175	179	22	orders	order	NOUN
emaj-175	179	23	of	of	ADP
emaj-175	179	24	gdp	gdp	NOUN
emaj-175	179	25	,	,	PUNCT
emaj-175	179	26	credit	credit	NOUN
emaj-175	179	27	and	and	CCONJ
emaj-175	179	28	fts	fts	PROPN
emaj-175	179	29	are	be	AUX
emaj-175	179	30	i(1	i(1	NOUN
emaj-175	179	31	)	)	PUNCT
emaj-175	179	32	.	.	PUNCT
emaj-175	180	1	it	it	PRON
emaj-175	180	2	is	be	AUX
emaj-175	180	3	needed	need	VERB
emaj-175	180	4	to	to	PART
emaj-175	180	5	define	define	VERB
emaj-175	180	6	the	the	DET
emaj-175	180	7	proper	proper	ADJ
emaj-175	180	8	lag	lag	NOUN
emaj-175	180	9	-	-	PUNCT
emaj-175	180	10	length	length	NOUN
emaj-175	180	11	value	value	NOUN
emaj-175	180	12	.	.	PUNCT
emaj-175	181	1	for	for	ADP
emaj-175	181	2	this	this	DET
emaj-175	181	3	purpose	purpose	NOUN
emaj-175	181	4	,	,	PUNCT
emaj-175	181	5	hansen	hansen	PROPN
emaj-175	181	6	j	j	PROPN
emaj-175	181	7	test	test	NOUN
emaj-175	181	8	was	be	AUX
emaj-175	181	9	employed	employ	VERB
emaj-175	181	10	and	and	CCONJ
emaj-175	181	11	the	the	DET
emaj-175	181	12	outcomes	outcome	NOUN
emaj-175	181	13	of	of	ADP
emaj-175	181	14	the	the	DET
emaj-175	181	15	test	test	NOUN
emaj-175	181	16	are	be	AUX
emaj-175	181	17	presented	present	VERB
emaj-175	181	18	in	in	ADP
emaj-175	181	19	table	table	NOUN
emaj-175	181	20	5	5	NUM
emaj-175	181	21	.	.	PUNCT
emaj-175	181	22	table	table	NOUN
emaj-175	181	23	5	5	NUM
emaj-175	181	24	:	:	PUNCT
emaj-175	181	25	optimal	optimal	ADJ
emaj-175	181	26	lag	lag	NOUN
emaj-175	181	27	-	-	PUNCT
emaj-175	181	28	length	length	NOUN
emaj-175	181	29	outcomes	outcome	NOUN
emaj-175	181	30	the	the	DET
emaj-175	181	31	lag	lag	NOUN
emaj-175	181	32	-	-	PUNCT
emaj-175	181	33	length	length	NOUN
emaj-175	181	34	that	that	PRON
emaj-175	181	35	makes	make	VERB
emaj-175	181	36	the	the	DET
emaj-175	181	37	mbic	mbic	ADJ
emaj-175	181	38	,	,	PUNCT
emaj-175	181	39	maic	maic	ADJ
emaj-175	181	40	and	and	CCONJ
emaj-175	181	41	mqic	mqic	ADJ
emaj-175	181	42	selection	selection	NOUN
emaj-175	181	43	criteria	criterion	NOUN
emaj-175	181	44	minimum	minimum	NOUN
emaj-175	181	45	is	be	AUX
emaj-175	181	46	1	1	NUM
emaj-175	181	47	.	.	PUNCT
emaj-175	182	1	r2	r2	PROPN
emaj-175	182	2	is	be	AUX
emaj-175	182	3	approx	approx	NOUN
emaj-175	182	4	.	.	PUNCT
emaj-175	183	1	volume	volume	NOUN
emaj-175	183	2	9	9	NUM
emaj-175	183	3	no	no	DET
emaj-175	183	4	1	1	NUM
emaj-175	183	5	(	(	PUNCT
emaj-175	183	6	2019	2019	NUM
emaj-175	183	7	)	)	PUNCT
emaj-175	183	8	|	|	ADV
emaj-175	183	9	issn	issn	VERB
emaj-175	183	10	2158	2158	NUM
emaj-175	183	11	-	-	SYM
emaj-175	183	12	8708	8708	NUM
emaj-175	183	13	(	(	PUNCT
emaj-175	183	14	online	online	NOUN
emaj-175	183	15	)	)	PUNCT
emaj-175	183	16	|	|	ADV
emaj-175	183	17	doi	doi	X
emaj-175	183	18	10.5195	10.5195	NUM
emaj-175	183	19	/	/	SYM
emaj-175	183	20	emaj.2019.175	emaj.2019.175	NOUN
emaj-175	184	1	|	|	NOUN
emaj-175	184	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-175	184	3	semra	semra	PROPN
emaj-175	184	4	boğa	boğa	ADJ
emaj-175	184	5	emerging	emerge	VERB
emaj-175	184	6	markets	market	NOUN
emaj-175	184	7	journal	journal	NOUN
emaj-175	184	8	|	|	ADV
emaj-175	184	9	p	p	NOUN
emaj-175	184	10	a	a	DET
emaj-175	184	11	g	g	NOUN
emaj-175	184	12	e	e	NOUN
emaj-175	184	13	8	8	NUM
emaj-175	184	14	5	5	NUM
emaj-175	184	15	0.83	0.83	NUM
emaj-175	184	16	and	and	CCONJ
emaj-175	184	17	significantly	significantly	ADV
emaj-175	184	18	high	high	ADJ
emaj-175	184	19	.	.	PUNCT
emaj-175	185	1	therefore	therefore	ADV
emaj-175	185	2	,	,	PUNCT
emaj-175	185	3	it	it	PRON
emaj-175	185	4	is	be	AUX
emaj-175	185	5	concluded	conclude	VERB
emaj-175	185	6	that	that	SCONJ
emaj-175	185	7	optimal	optimal	ADJ
emaj-175	185	8	lag	lag	NOUN
emaj-175	185	9	-	-	PUNCT
emaj-175	185	10	length	length	NOUN
emaj-175	185	11	is	be	AUX
emaj-175	185	12	1	1	NUM
emaj-175	185	13	.	.	PUNCT
emaj-175	185	14	pedroni	pedroni	ADJ
emaj-175	185	15	co	co	NOUN
emaj-175	185	16	-	-	NOUN
emaj-175	185	17	integration	integration	NOUN
emaj-175	185	18	test	test	NOUN
emaj-175	185	19	was	be	AUX
emaj-175	185	20	performed	perform	VERB
emaj-175	185	21	“	"	PUNCT
emaj-175	185	22	under	under	ADP
emaj-175	185	23	a	a	DET
emaj-175	185	24	null	null	NOUN
emaj-175	185	25	of	of	ADP
emaj-175	185	26	no	no	DET
emaj-175	185	27	cointegration	cointegration	NOUN
emaj-175	185	28	”	"	PUNCT
emaj-175	185	29	to	to	PART
emaj-175	185	30	verify	verify	VERB
emaj-175	185	31	the	the	DET
emaj-175	185	32	existence	existence	NOUN
emaj-175	185	33	of	of	ADP
emaj-175	185	34	long	long	ADJ
emaj-175	185	35	-	-	PUNCT
emaj-175	185	36	term	term	NOUN
emaj-175	185	37	relationships	relationship	NOUN
emaj-175	185	38	among	among	ADP
emaj-175	185	39	the	the	DET
emaj-175	185	40	series	series	NOUN
emaj-175	185	41	and	and	CCONJ
emaj-175	185	42	the	the	DET
emaj-175	185	43	outcomes	outcome	NOUN
emaj-175	185	44	are	be	AUX
emaj-175	185	45	shown	show	VERB
emaj-175	185	46	in	in	ADP
emaj-175	185	47	table	table	NOUN
emaj-175	185	48	6	6	NUM
emaj-175	185	49	.	.	PUNCT
emaj-175	185	50	table	table	NOUN
emaj-175	185	51	6	6	NUM
emaj-175	185	52	:	:	PUNCT
emaj-175	185	53	pedroni	pedroni	NOUN
emaj-175	185	54	cointegration	cointegration	NOUN
emaj-175	185	55	test	test	NOUN
emaj-175	185	56	outcomes	outcome	NOUN
emaj-175	185	57	panel	panel	NOUN
emaj-175	185	58	group	group	NOUN
emaj-175	185	59	2.883	2.883	NUM
emaj-175	185	60	.	.	PUNCT
emaj-175	186	1	(	(	PUNCT
emaj-175	186	2	)	)	PUNCT
emaj-175	186	3	-6.105	-6.105	PROPN
emaj-175	186	4	-5.744	-5.744	PUNCT
emaj-175	186	5	-12.91	-12.91	PUNCT
emaj-175	186	6	-16.34	-16.34	PROPN
emaj-175	186	7	-11.36	-11.36	PROPN
emaj-175	186	8	-11.87	-11.87	PUNCT
emaj-175	186	9	the	the	DET
emaj-175	186	10	cointegration	cointegration	NOUN
emaj-175	186	11	test	test	NOUN
emaj-175	186	12	outcomes	outcome	NOUN
emaj-175	186	13	in	in	ADP
emaj-175	186	14	table	table	NOUN
emaj-175	186	15	6	6	NUM
emaj-175	186	16	show	show	NOUN
emaj-175	186	17	that	that	SCONJ
emaj-175	186	18	,	,	PUNCT
emaj-175	186	19	the	the	DET
emaj-175	186	20	values	value	NOUN
emaj-175	186	21	of	of	ADP
emaj-175	186	22	test	test	NOUN
emaj-175	186	23	statistics	statistic	NOUN
emaj-175	186	24	of	of	ADP
emaj-175	186	25	for	for	ADP
emaj-175	186	26	both	both	DET
emaj-175	186	27	panel	panel	NOUN
emaj-175	186	28	and	and	CCONJ
emaj-175	186	29	group	group	NOUN
emaj-175	186	30	are	be	AUX
emaj-175	186	31	above	above	ADP
emaj-175	186	32	of	of	ADP
emaj-175	186	33	1,960	1,960	NUM
emaj-175	186	34	the	the	DET
emaj-175	186	35	table	table	NOUN
emaj-175	186	36	value	value	NOUN
emaj-175	186	37	is	be	AUX
emaj-175	186	38	significant	significant	ADJ
emaj-175	186	39	at	at	ADP
emaj-175	186	40	5	5	NUM
emaj-175	186	41	%	%	NOUN
emaj-175	186	42	.	.	PUNCT
emaj-175	187	1	therefore	therefore	ADV
emaj-175	187	2	,	,	PUNCT
emaj-175	187	3	“	"	PUNCT
emaj-175	187	4	h0	h0	NOUN
emaj-175	187	5	:	:	PUNCT
emaj-175	187	6	no	no	DET
emaj-175	187	7	cointegration	cointegration	NOUN
emaj-175	187	8	”	"	PUNCT
emaj-175	187	9	was	be	AUX
emaj-175	187	10	rejected	reject	VERB
emaj-175	187	11	and	and	CCONJ
emaj-175	187	12	it	it	PRON
emaj-175	187	13	was	be	AUX
emaj-175	187	14	concluded	conclude	VERB
emaj-175	187	15	that	that	SCONJ
emaj-175	187	16	,	,	PUNCT
emaj-175	187	17	the	the	DET
emaj-175	187	18	series	series	NOUN
emaj-175	187	19	are	be	AUX
emaj-175	187	20	cointegrated	cointegrate	VERB
emaj-175	187	21	.	.	PUNCT
emaj-175	188	1	so	so	ADV
emaj-175	188	2	,	,	PUNCT
emaj-175	188	3	there	there	PRON
emaj-175	188	4	is	be	VERB
emaj-175	188	5	a	a	DET
emaj-175	188	6	long	long	ADJ
emaj-175	188	7	-	-	PUNCT
emaj-175	188	8	term	term	NOUN
emaj-175	188	9	relationship	relationship	NOUN
emaj-175	188	10	between	between	ADP
emaj-175	188	11	the	the	DET
emaj-175	188	12	variables	variable	NOUN
emaj-175	188	13	.	.	PUNCT
emaj-175	189	1	as	as	SCONJ
emaj-175	189	2	pedroni	pedroni	PROPN
emaj-175	189	3	cointegration	cointegration	NOUN
emaj-175	189	4	test	test	NOUN
emaj-175	189	5	concluded	conclude	VERB
emaj-175	189	6	a	a	DET
emaj-175	189	7	long	long	ADJ
emaj-175	189	8	-	-	PUNCT
emaj-175	189	9	term	term	NOUN
emaj-175	189	10	relationship	relationship	NOUN
emaj-175	189	11	,	,	PUNCT
emaj-175	189	12	mean	mean	ADJ
emaj-175	189	13	group	group	NOUN
emaj-175	189	14	(	(	PUNCT
emaj-175	189	15	mg	mg	PROPN
emaj-175	189	16	)	)	PUNCT
emaj-175	189	17	estimator	estimator	NOUN
emaj-175	189	18	or	or	CCONJ
emaj-175	189	19	pmg	pmg	PROPN
emaj-175	189	20	(	(	PUNCT
emaj-175	189	21	pooled	pool	VERB
emaj-175	189	22	mean	mean	NOUN
emaj-175	189	23	group	group	NOUN
emaj-175	189	24	)	)	PUNCT
emaj-175	189	25	estimator	estimator	NOUN
emaj-175	189	26	will	will	AUX
emaj-175	189	27	be	be	AUX
emaj-175	189	28	employed	employ	VERB
emaj-175	189	29	to	to	PART
emaj-175	189	30	reveal	reveal	VERB
emaj-175	189	31	both	both	PRON
emaj-175	189	32	long	long	ADJ
emaj-175	189	33	-	-	PUNCT
emaj-175	189	34	term	term	NOUN
emaj-175	189	35	and	and	CCONJ
emaj-175	189	36	the	the	DET
emaj-175	189	37	short	short	ADJ
emaj-175	189	38	-	-	PUNCT
emaj-175	189	39	term	term	NOUN
emaj-175	189	40	relationships	relationship	NOUN
emaj-175	189	41	.	.	PUNCT
emaj-175	190	1	hausman	hausman	PROPN
emaj-175	190	2	test	test	NOUN
emaj-175	190	3	was	be	AUX
emaj-175	190	4	performed	perform	VERB
emaj-175	190	5	to	to	PART
emaj-175	190	6	determine	determine	VERB
emaj-175	190	7	the	the	DET
emaj-175	190	8	most	most	ADV
emaj-175	190	9	appropriate	appropriate	ADJ
emaj-175	190	10	estimator	estimator	NOUN
emaj-175	190	11	and	and	CCONJ
emaj-175	190	12	the	the	DET
emaj-175	190	13	outcomes	outcome	NOUN
emaj-175	190	14	are	be	AUX
emaj-175	190	15	reported	report	VERB
emaj-175	190	16	in	in	ADP
emaj-175	190	17	table	table	NOUN
emaj-175	190	18	7	7	NUM
emaj-175	190	19	.	.	PUNCT
emaj-175	190	20	table	table	NOUN
emaj-175	190	21	7	7	NUM
emaj-175	190	22	:	:	PUNCT
emaj-175	190	23	hausman	hausman	ADJ
emaj-175	190	24	test	test	NOUN
emaj-175	190	25	note	note	NOUN
emaj-175	190	26	:	:	PUNCT
emaj-175	190	27	“	"	PUNCT
emaj-175	190	28	b	b	X
emaj-175	190	29	=	=	SYM
emaj-175	190	30	consistent	consistent	ADJ
emaj-175	190	31	under	under	ADP
emaj-175	190	32	h0	h0	NOUN
emaj-175	190	33	and	and	CCONJ
emaj-175	190	34	ha	ha	INTJ
emaj-175	190	35	;	;	PUNCT
emaj-175	190	36	obtained	obtain	VERB
emaj-175	190	37	from	from	ADP
emaj-175	190	38	xtpmg	xtpmg	PROPN
emaj-175	190	39	.	.	PUNCT
emaj-175	191	1	b	b	X
emaj-175	192	1	=	=	NOUN
emaj-175	192	2	inconsistent	inconsistent	ADJ
emaj-175	192	3	under	under	ADP
emaj-175	192	4	ha	ha	INTJ
emaj-175	192	5	,	,	PUNCT
emaj-175	192	6	efficient	efficient	ADJ
emaj-175	192	7	under	under	ADP
emaj-175	192	8	h0	h0	PROPN
emaj-175	192	9	;	;	PUNCT
emaj-175	192	10	obtained	obtain	VERB
emaj-175	192	11	from	from	ADP
emaj-175	192	12	xtpmg	xtpmg	PROPN
emaj-175	192	13	.	.	PUNCT
emaj-175	193	1	test	test	NOUN
emaj-175	193	2	:	:	PUNCT
emaj-175	193	3	h0	h0	NOUN
emaj-175	193	4	:	:	PUNCT
emaj-175	193	5	difference	difference	NOUN
emaj-175	193	6	in	in	ADP
emaj-175	193	7	coefficients	coefficient	NOUN
emaj-175	193	8	not	not	PART
emaj-175	193	9	systematic	systematic	ADJ
emaj-175	193	10	.	.	PUNCT
emaj-175	193	11	”	"	PUNCT
emaj-175	194	1	table	table	NOUN
emaj-175	194	2	7	7	NUM
emaj-175	194	3	shows	show	VERB
emaj-175	194	4	the	the	DET
emaj-175	194	5	estimations	estimation	NOUN
emaj-175	194	6	of	of	ADP
emaj-175	194	7	the	the	DET
emaj-175	194	8	coefficients	coefficient	NOUN
emaj-175	194	9	of	of	ADP
emaj-175	194	10	the	the	DET
emaj-175	194	11	variables	variable	NOUN
emaj-175	194	12	based	base	VERB
emaj-175	194	13	on	on	ADP
emaj-175	194	14	mg	mg	PROPN
emaj-175	194	15	and	and	CCONJ
emaj-175	194	16	pmg	pmg	PROPN
emaj-175	194	17	estimators	estimator	NOUN
emaj-175	194	18	.	.	PUNCT
emaj-175	195	1	the	the	DET
emaj-175	195	2	differences	difference	NOUN
emaj-175	195	3	between	between	ADP
emaj-175	195	4	the	the	DET
emaj-175	195	5	coefficients	coefficient	NOUN
emaj-175	195	6	(	(	PUNCT
emaj-175	195	7	bb	bb	NOUN
emaj-175	195	8	)	)	PUNCT
emaj-175	195	9	,	,	PUNCT
emaj-175	195	10	the	the	DET
emaj-175	195	11	values	value	NOUN
emaj-175	195	12	of	of	ADP
emaj-175	195	13	the	the	DET
emaj-175	195	14	standard	standard	ADJ
emaj-175	195	15	errors	error	NOUN
emaj-175	195	16	,	,	PUNCT
emaj-175	195	17	chi	chi	NOUN
emaj-175	195	18	-	-	PUNCT
emaj-175	195	19	square(6	square(6	NOUN
emaj-175	195	20	)	)	PUNCT
emaj-175	195	21	and	and	CCONJ
emaj-175	195	22	probability	probability	NOUN
emaj-175	195	23	value	value	NOUN
emaj-175	195	24	of	of	ADP
emaj-175	195	25	chi	chi	NOUN
emaj-175	195	26	-	-	PUNCT
emaj-175	195	27	square	square	NOUN
emaj-175	195	28	are	be	AUX
emaj-175	195	29	reported	report	VERB
emaj-175	195	30	in	in	ADP
emaj-175	195	31	table	table	NOUN
emaj-175	195	32	7	7	NUM
emaj-175	195	33	.	.	PUNCT
emaj-175	196	1	the	the	DET
emaj-175	196	2	null	null	ADJ
emaj-175	196	3	hypothesis	hypothesis	NOUN
emaj-175	196	4	homogeneity	homogeneity	NOUN
emaj-175	196	5	through	through	ADP
emaj-175	196	6	hausman	hausman	ADJ
emaj-175	196	7	test	test	NOUN
emaj-175	196	8	was	be	AUX
emaj-175	196	9	investigated	investigate	VERB
emaj-175	196	10	and	and	CCONJ
emaj-175	196	11	because	because	SCONJ
emaj-175	196	12	the	the	DET
emaj-175	196	13	probability	probability	NOUN
emaj-175	196	14	of	of	ADP
emaj-175	196	15	chisquare	chisquare	NOUN
emaj-175	196	16	is	be	AUX
emaj-175	196	17	0.7484	0.7484	NUM
emaj-175	196	18	and	and	CCONJ
emaj-175	196	19	significantly	significantly	ADV
emaj-175	196	20	higher	high	ADJ
emaj-175	196	21	than	than	ADP
emaj-175	196	22	0.05	0.05	NUM
emaj-175	196	23	,	,	PUNCT
emaj-175	196	24	the	the	DET
emaj-175	196	25	null	null	ADJ
emaj-175	196	26	hypothesis	hypothesis	NOUN
emaj-175	196	27	is	be	AUX
emaj-175	196	28	rejected	reject	VERB
emaj-175	196	29	.	.	PUNCT
emaj-175	197	1	therefore	therefore	ADV
emaj-175	197	2	,	,	PUNCT
emaj-175	197	3	the	the	DET
emaj-175	197	4	model	model	NOUN
emaj-175	197	5	supports	support	VERB
emaj-175	197	6	the	the	DET
emaj-175	197	7	pmg	pmg	PROPN
emaj-175	197	8	estimator	estimator	NOUN
emaj-175	197	9	and	and	CCONJ
emaj-175	197	10	it	it	PRON
emaj-175	197	11	is	be	AUX
emaj-175	197	12	decided	decide	VERB
emaj-175	197	13	to	to	PART
emaj-175	197	14	employ	employ	VERB
emaj-175	197	15	pmg	pmg	PROPN
emaj-175	197	16	estimator	estimator	NOUN
emaj-175	197	17	.	.	PUNCT
emaj-175	198	1	the	the	DET
emaj-175	198	2	outcomes	outcome	NOUN
emaj-175	198	3	of	of	ADP
emaj-175	198	4	pmg	pmg	PROPN
emaj-175	198	5	estimator	estimator	PROPN
emaj-175	198	6	are	be	AUX
emaj-175	198	7	presented	present	VERB
emaj-175	198	8	in	in	ADP
emaj-175	198	9	table	table	NOUN
emaj-175	198	10	8	8	NUM
emaj-175	198	11	.	.	PUNCT
emaj-175	198	12	table	table	NOUN
emaj-175	198	13	8	8	NUM
emaj-175	198	14	:	:	PUNCT
emaj-175	198	15	pmg	pmg	PROPN
emaj-175	198	16	estimator	estimator	PROPN
emaj-175	198	17	results	result	NOUN
emaj-175	198	18	table	table	NOUN
emaj-175	198	19	8	8	NUM
emaj-175	198	20	covers	cover	VERB
emaj-175	198	21	the	the	DET
emaj-175	198	22	coefficient	coefficient	NOUN
emaj-175	198	23	values	value	NOUN
emaj-175	198	24	,	,	PUNCT
emaj-175	198	25	standard	standard	ADJ
emaj-175	198	26	errors	error	NOUN
emaj-175	198	27	,	,	PUNCT
emaj-175	198	28	z	z	NOUN
emaj-175	198	29	statistics	statistic	NOUN
emaj-175	198	30	and	and	CCONJ
emaj-175	198	31	probabilities	probability	NOUN
emaj-175	198	32	belonging	belong	VERB
emaj-175	198	33	to	to	ADP
emaj-175	198	34	the	the	DET
emaj-175	198	35	variables	variable	NOUN
emaj-175	198	36	in	in	ADP
emaj-175	198	37	the	the	DET
emaj-175	198	38	model	model	NOUN
emaj-175	198	39	.	.	PUNCT
emaj-175	199	1	the	the	DET
emaj-175	199	2	upper	upper	ADJ
emaj-175	199	3	part	part	NOUN
emaj-175	199	4	of	of	ADP
emaj-175	199	5	the	the	DET
emaj-175	199	6	table	table	NOUN
emaj-175	199	7	shows	show	VERB
emaj-175	199	8	the	the	DET
emaj-175	199	9	long	long	ADJ
emaj-175	199	10	-	-	PUNCT
emaj-175	199	11	term	term	NOUN
emaj-175	199	12	relationships	relationship	NOUN
emaj-175	199	13	.	.	PUNCT
emaj-175	200	1	bottom	bottom	ADJ
emaj-175	200	2	part	part	NOUN
emaj-175	200	3	of	of	ADP
emaj-175	200	4	the	the	DET
emaj-175	200	5	table	table	NOUN
emaj-175	200	6	shows	show	VERB
emaj-175	200	7	the	the	DET
emaj-175	200	8	short	short	ADJ
emaj-175	200	9	-	-	PUNCT
emaj-175	200	10	term	term	NOUN
emaj-175	200	11	relationships	relationship	NOUN
emaj-175	200	12	.	.	PUNCT
emaj-175	201	1	ect	ect	PROPN
emaj-175	201	2	represents	represent	VERB
emaj-175	201	3	the	the	DET
emaj-175	201	4	joint	joint	ADJ
emaj-175	201	5	effects	effect	NOUN
emaj-175	201	6	of	of	ADP
emaj-175	201	7	the	the	DET
emaj-175	201	8	variables	variable	NOUN
emaj-175	201	9	.	.	PUNCT
emaj-175	202	1	the	the	DET
emaj-175	202	2	long	long	ADJ
emaj-175	202	3	-	-	PUNCT
emaj-175	202	4	term	term	NOUN
emaj-175	202	5	results	result	NOUN
emaj-175	202	6	indicated	indicate	VERB
emaj-175	202	7	that	that	SCONJ
emaj-175	202	8	gdp	gdp	NOUN
emaj-175	202	9	,	,	PUNCT
emaj-175	202	10	trade	trade	NOUN
emaj-175	202	11	,	,	PUNCT
emaj-175	202	12	credit	credit	NOUN
emaj-175	202	13	,	,	PUNCT
emaj-175	202	14	nr	nr	PRON
emaj-175	202	15	and	and	CCONJ
emaj-175	202	16	fts	fts	PROPN
emaj-175	202	17	have	have	VERB
emaj-175	202	18	a	a	DET
emaj-175	202	19	positive	positive	ADJ
emaj-175	202	20	impact	impact	NOUN
emaj-175	202	21	on	on	ADP
emaj-175	202	22	fdi	fdi	NOUN
emaj-175	202	23	because	because	SCONJ
emaj-175	202	24	p	p	X
emaj-175	202	25	-	-	PUNCT
emaj-175	202	26	values	value	NOUN
emaj-175	202	27	are	be	AUX
emaj-175	202	28	less	less	ADJ
emaj-175	202	29	than	than	ADP
emaj-175	202	30	0.05	0.05	NUM
emaj-175	202	31	the	the	DET
emaj-175	202	32	significance	significance	NOUN
emaj-175	202	33	level	level	NOUN
emaj-175	202	34	.	.	PUNCT
emaj-175	203	1	however	however	ADV
emaj-175	203	2	,	,	PUNCT
emaj-175	203	3	inf	inf	PROPN
emaj-175	203	4	does	do	AUX
emaj-175	203	5	not	not	PART
emaj-175	203	6	have	have	VERB
emaj-175	203	7	an	an	DET
emaj-175	203	8	impact	impact	NOUN
emaj-175	203	9	on	on	ADP
emaj-175	203	10	fdi	fdi	NOUN
emaj-175	203	11	in	in	ADP
emaj-175	203	12	the	the	DET
emaj-175	203	13	long	long	ADJ
emaj-175	203	14	-	-	PUNCT
emaj-175	203	15	term	term	NOUN
emaj-175	203	16	.	.	PUNCT
emaj-175	204	1	accordingly	accordingly	ADV
emaj-175	204	2	;	;	PUNCT
emaj-175	204	3	(	(	PUNCT
emaj-175	204	4	a	a	X
emaj-175	204	5	)	)	PUNCT
emaj-175	204	6	a	a	DET
emaj-175	204	7	1	1	NUM
emaj-175	204	8	%	%	NOUN
emaj-175	204	9	rise	rise	NOUN
emaj-175	204	10	in	in	ADP
emaj-175	204	11	gdp	gdp	NOUN
emaj-175	204	12	increases	increase	VERB
emaj-175	204	13	fdi	fdi	NOUN
emaj-175	204	14	by	by	ADP
emaj-175	204	15	0.09	0.09	NUM
emaj-175	204	16	%	%	NOUN
emaj-175	204	17	(	(	PUNCT
emaj-175	204	18	b	b	NOUN
emaj-175	204	19	)	)	PUNCT
emaj-175	204	20	a	a	DET
emaj-175	204	21	1	1	NUM
emaj-175	204	22	%	%	NOUN
emaj-175	204	23	rise	rise	NOUN
emaj-175	204	24	in	in	ADP
emaj-175	204	25	trade	trade	NOUN
emaj-175	204	26	increases	increase	NOUN
emaj-175	204	27	fdi	fdi	NOUN
emaj-175	204	28	by	by	ADP
emaj-175	204	29	0.03	0.03	NUM
emaj-175	204	30	%	%	NOUN
emaj-175	204	31	(	(	PUNCT
emaj-175	204	32	c	c	NOUN
emaj-175	204	33	)	)	PUNCT
emaj-175	204	34	a	a	DET
emaj-175	204	35	1	1	NUM
emaj-175	204	36	%	%	NOUN
emaj-175	204	37	rise	rise	NOUN
emaj-175	204	38	in	in	ADP
emaj-175	204	39	credit	credit	NOUN
emaj-175	204	40	increases	increase	NOUN
emaj-175	204	41	fdi	fdi	NOUN
emaj-175	204	42	by	by	ADP
emaj-175	204	43	0.011	0.011	NUM
emaj-175	204	44	%	%	NOUN
emaj-175	204	45	(	(	PUNCT
emaj-175	204	46	d	d	NOUN
emaj-175	204	47	)	)	PUNCT
emaj-175	204	48	a	a	DET
emaj-175	204	49	1	1	NUM
emaj-175	204	50	%	%	NOUN
emaj-175	204	51	rise	rise	NOUN
emaj-175	204	52	in	in	ADP
emaj-175	204	53	nr	nr	NOUN
emaj-175	204	54	increases	increase	VERB
emaj-175	204	55	fdi	fdi	NOUN
emaj-175	204	56	by	by	ADP
emaj-175	204	57	0.064	0.064	NUM
emaj-175	204	58	%	%	NOUN
emaj-175	204	59	(	(	PUNCT
emaj-175	204	60	e	e	NOUN
emaj-175	204	61	)	)	PUNCT
emaj-175	204	62	a	a	DET
emaj-175	204	63	1	1	NUM
emaj-175	204	64	%	%	NOUN
emaj-175	204	65	rise	rise	NOUN
emaj-175	204	66	in	in	ADP
emaj-175	204	67	fts	fts	PROPN
emaj-175	204	68	increases	increase	VERB
emaj-175	204	69	fdi	fdi	PROPN
emaj-175	204	70	by	by	ADP
emaj-175	204	71	0.022	0.022	NUM
emaj-175	204	72	%	%	NOUN
emaj-175	204	73	in	in	ADP
emaj-175	204	74	the	the	DET
emaj-175	204	75	short	short	ADJ
emaj-175	204	76	-	-	PUNCT
emaj-175	204	77	term	term	NOUN
emaj-175	204	78	,	,	PUNCT
emaj-175	204	79	only	only	ADV
emaj-175	204	80	gdp	gdp	NOUN
emaj-175	204	81	and	and	CCONJ
emaj-175	204	82	trade	trade	NOUN
emaj-175	204	83	have	have	VERB
emaj-175	204	84	an	an	DET
emaj-175	204	85	impact	impact	NOUN
emaj-175	204	86	on	on	ADP
emaj-175	204	87	fdi	fdi	PROPN
emaj-175	204	88	,	,	PUNCT
emaj-175	204	89	however	however	ADV
emaj-175	204	90	,	,	PUNCT
emaj-175	204	91	credit	credit	NOUN
emaj-175	204	92	,	,	PUNCT
emaj-175	204	93	inf	inf	NOUN
emaj-175	204	94	,	,	PUNCT
emaj-175	204	95	nr	nr	PROPN
emaj-175	204	96	and	and	CCONJ
emaj-175	204	97	fts	fts	PROPN
emaj-175	204	98	do	do	AUX
emaj-175	204	99	not	not	PART
emaj-175	204	100	have	have	VERB
emaj-175	204	101	an	an	DET
emaj-175	204	102	impact	impact	NOUN
emaj-175	204	103	on	on	ADP
emaj-175	204	104	fdi	fdi	NOUN
emaj-175	204	105	in	in	ADP
emaj-175	204	106	the	the	DET
emaj-175	204	107	short	short	ADJ
emaj-175	204	108	term	term	NOUN
emaj-175	204	109	.	.	PUNCT
emaj-175	205	1	accordingly	accordingly	ADV
emaj-175	205	2	;	;	PUNCT
emaj-175	205	3	(	(	PUNCT
emaj-175	205	4	a	a	X
emaj-175	205	5	)	)	PUNCT
emaj-175	205	6	a	a	DET
emaj-175	205	7	1	1	NUM
emaj-175	205	8	%	%	NOUN
emaj-175	205	9	rise	rise	NOUN
emaj-175	205	10	in	in	ADP
emaj-175	205	11	gdp	gdp	NOUN
emaj-175	205	12	increases	increase	VERB
emaj-175	205	13	fdi	fdi	NOUN
emaj-175	205	14	by	by	ADP
emaj-175	205	15	0.032	0.032	NUM
emaj-175	205	16	%	%	NOUN
emaj-175	205	17	(	(	PUNCT
emaj-175	205	18	b	b	NOUN
emaj-175	205	19	)	)	PUNCT
emaj-175	205	20	a	a	DET
emaj-175	205	21	1	1	NUM
emaj-175	205	22	%	%	NOUN
emaj-175	205	23	rise	rise	NOUN
emaj-175	205	24	in	in	ADP
emaj-175	205	25	trade	trade	NOUN
emaj-175	205	26	increases	increase	NOUN
emaj-175	205	27	fdi	fdi	NOUN
emaj-175	205	28	by	by	ADP
emaj-175	205	29	0.056	0.056	NUM
emaj-175	205	30	%	%	NOUN
emaj-175	205	31	on	on	ADP
emaj-175	205	32	the	the	DET
emaj-175	205	33	other	other	ADJ
emaj-175	205	34	hand	hand	NOUN
emaj-175	205	35	,	,	PUNCT
emaj-175	205	36	the	the	DET
emaj-175	205	37	outcomes	outcome	NOUN
emaj-175	205	38	of	of	ADP
emaj-175	205	39	ect	ect	PRON
emaj-175	205	40	show	show	VERB
emaj-175	205	41	that	that	SCONJ
emaj-175	205	42	,	,	PUNCT
emaj-175	205	43	the	the	DET
emaj-175	205	44	variables	variable	NOUN
emaj-175	205	45	affect	affect	VERB
emaj-175	205	46	each	each	DET
emaj-175	205	47	other	other	ADJ
emaj-175	205	48	in	in	ADP
emaj-175	205	49	the	the	DET
emaj-175	205	50	short	short	ADJ
emaj-175	205	51	term	term	NOUN
emaj-175	205	52	and	and	CCONJ
emaj-175	205	53	create	create	VERB
emaj-175	205	54	a	a	DET
emaj-175	205	55	joint	joint	ADJ
emaj-175	205	56	effect	effect	NOUN
emaj-175	205	57	on	on	ADP
emaj-175	205	58	fdi	fdi	NOUN
emaj-175	205	59	in	in	ADP
emaj-175	205	60	the	the	DET
emaj-175	205	61	long	long	ADJ
emaj-175	205	62	term	term	NOUN
emaj-175	205	63	.	.	PUNCT
emaj-175	206	1	approximately	approximately	ADV
emaj-175	206	2	,	,	PUNCT
emaj-175	206	3	51	51	NUM
emaj-175	206	4	%	%	NOUN
emaj-175	206	5	of	of	ADP
emaj-175	206	6	imbalances	imbalance	NOUN
emaj-175	206	7	in	in	ADP
emaj-175	206	8	one	one	NUM
emaj-175	206	9	period	period	NOUN
emaj-175	206	10	will	will	AUX
emaj-175	206	11	improve	improve	VERB
emaj-175	206	12	in	in	ADP
emaj-175	206	13	the	the	DET
emaj-175	206	14	next	next	ADJ
emaj-175	206	15	period	period	NOUN
emaj-175	206	16	.	.	PUNCT
emaj-175	207	1	in	in	ADP
emaj-175	207	2	other	other	ADJ
emaj-175	207	3	words	word	NOUN
emaj-175	207	4	,	,	PUNCT
emaj-175	207	5	it	it	PRON
emaj-175	207	6	will	will	AUX
emaj-175	207	7	be	be	AUX
emaj-175	207	8	balanced	balance	VERB
emaj-175	207	9	in	in	ADP
emaj-175	207	10	about	about	ADV
emaj-175	207	11	two	two	NUM
emaj-175	207	12	years	year	NOUN
emaj-175	207	13	.	.	PUNCT
emaj-175	208	1	v.	v.	ADP
emaj-175	208	2	conclusion	conclusion	NOUN
emaj-175	208	3	the	the	DET
emaj-175	208	4	aim	aim	NOUN
emaj-175	208	5	of	of	ADP
emaj-175	208	6	this	this	DET
emaj-175	208	7	study	study	NOUN
emaj-175	208	8	is	be	AUX
emaj-175	208	9	to	to	PART
emaj-175	208	10	investigate	investigate	VERB
emaj-175	208	11	the	the	DET
emaj-175	208	12	determinants	determinant	NOUN
emaj-175	208	13	of	of	ADP
emaj-175	208	14	fdi	fdi	NOUN
emaj-175	208	15	inflows	inflow	NOUN
emaj-175	208	16	in	in	ADP
emaj-175	208	17	sub	sub	ADJ
emaj-175	208	18	-	-	ADJ
emaj-175	208	19	saharan	saharan	ADJ
emaj-175	208	20	african	african	ADJ
emaj-175	208	21	countries	country	NOUN
emaj-175	208	22	.	.	PUNCT
emaj-175	209	1	in	in	ADP
emaj-175	209	2	this	this	DET
emaj-175	209	3	study	study	NOUN
emaj-175	209	4	,	,	PUNCT
emaj-175	209	5	panel	panel	NOUN
emaj-175	209	6	data	datum	NOUN
emaj-175	209	7	analysis	analysis	NOUN
emaj-175	209	8	was	be	AUX
emaj-175	209	9	performed	perform	VERB
emaj-175	209	10	by	by	ADP
emaj-175	209	11	using	use	VERB
emaj-175	209	12	annual	annual	ADJ
emaj-175	209	13	data	datum	NOUN
emaj-175	209	14	from	from	ADP
emaj-175	209	15	23	23	NUM
emaj-175	209	16	countries	country	NOUN
emaj-175	209	17	for	for	ADP
emaj-175	209	18	the	the	DET
emaj-175	209	19	period	period	NOUN
emaj-175	209	20	of	of	ADP
emaj-175	209	21	1975	1975	NUM
emaj-175	209	22	-	-	SYM
emaj-175	209	23	2017	2017	NUM
emaj-175	209	24	.	.	PUNCT
emaj-175	210	1	in	in	ADP
emaj-175	210	2	order	order	NOUN
emaj-175	210	3	to	to	PART
emaj-175	210	4	test	test	VERB
emaj-175	210	5	the	the	DET
emaj-175	210	6	impact	impact	NOUN
emaj-175	210	7	of	of	ADP
emaj-175	210	8	volume	volume	NOUN
emaj-175	210	9	9	9	NUM
emaj-175	210	10	no	no	DET
emaj-175	210	11	1	1	NUM
emaj-175	210	12	(	(	PUNCT
emaj-175	210	13	2019	2019	NUM
emaj-175	210	14	)	)	PUNCT
emaj-175	210	15	|	|	ADV
emaj-175	210	16	issn	issn	VERB
emaj-175	210	17	2158	2158	NUM
emaj-175	210	18	-	-	SYM
emaj-175	210	19	8708	8708	NUM
emaj-175	210	20	(	(	PUNCT
emaj-175	210	21	online	online	NOUN
emaj-175	210	22	)	)	PUNCT
emaj-175	210	23	|	|	ADV
emaj-175	210	24	doi	doi	X
emaj-175	210	25	10.5195	10.5195	NUM
emaj-175	210	26	/	/	SYM
emaj-175	210	27	emaj.2019.175	emaj.2019.175	NOUN
emaj-175	211	1	|	|	NOUN
emaj-175	211	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-175	211	3	determinants	determinant	NOUN
emaj-175	211	4	of	of	ADP
emaj-175	211	5	foreign	foreign	ADJ
emaj-175	211	6	direct	direct	ADJ
emaj-175	211	7	investment	investment	NOUN
emaj-175	211	8	:	:	PUNCT
emaj-175	211	9	a	a	DET
emaj-175	211	10	panel	panel	NOUN
emaj-175	211	11	data	data	VERB
emaj-175	211	12	analysis	analysis	NOUN
emaj-175	211	13	for	for	ADP
emaj-175	211	14	sub	sub	ADJ
emaj-175	211	15	-	-	ADJ
emaj-175	211	16	saharan	saharan	ADJ
emaj-175	211	17	african	african	ADJ
emaj-175	211	18	countries	country	NOUN
emaj-175	211	19	page	page	VERB
emaj-175	211	20	|86|	|86|	NOUN
emaj-175	211	21	emerging	emerge	VERB
emaj-175	211	22	markets	market	NOUN
emaj-175	211	23	journal	journal	NOUN
emaj-175	211	24	market	market	NOUN
emaj-175	211	25	potential	potential	NOUN
emaj-175	211	26	,	,	PUNCT
emaj-175	211	27	annual	annual	ADJ
emaj-175	211	28	gdp	gdp	NOUN
emaj-175	211	29	growth	growth	NOUN
emaj-175	211	30	rate	rate	NOUN
emaj-175	211	31	;	;	PUNCT
emaj-175	211	32	to	to	PART
emaj-175	211	33	test	test	VERB
emaj-175	211	34	the	the	DET
emaj-175	211	35	impact	impact	NOUN
emaj-175	211	36	of	of	ADP
emaj-175	211	37	openness	openness	NOUN
emaj-175	211	38	of	of	ADP
emaj-175	211	39	the	the	DET
emaj-175	211	40	countries	country	NOUN
emaj-175	211	41	,	,	PUNCT
emaj-175	211	42	trade	trade	NOUN
emaj-175	211	43	(	(	PUNCT
emaj-175	211	44	export+import	export+import	PROPN
emaj-175	211	45	)	)	PUNCT
emaj-175	211	46	as	as	ADP
emaj-175	211	47	%	%	NOUN
emaj-175	211	48	of	of	ADP
emaj-175	211	49	gdp	gdp	NOUN
emaj-175	211	50	;	;	PUNCT
emaj-175	211	51	to	to	PART
emaj-175	211	52	test	test	VERB
emaj-175	211	53	the	the	DET
emaj-175	211	54	impact	impact	NOUN
emaj-175	211	55	of	of	ADP
emaj-175	211	56	financial	financial	ADJ
emaj-175	211	57	development	development	NOUN
emaj-175	211	58	in	in	ADP
emaj-175	211	59	domestic	domestic	ADJ
emaj-175	211	60	markets	market	NOUN
emaj-175	211	61	,	,	PUNCT
emaj-175	211	62	domestic	domestic	ADJ
emaj-175	211	63	credit	credit	NOUN
emaj-175	211	64	to	to	ADP
emaj-175	211	65	private	private	ADJ
emaj-175	211	66	sector	sector	NOUN
emaj-175	211	67	(	(	PUNCT
emaj-175	211	68	%	%	NOUN
emaj-175	211	69	of	of	ADP
emaj-175	211	70	gdp	gdp	NOUN
emaj-175	211	71	)	)	PUNCT
emaj-175	211	72	variable	variable	NOUN
emaj-175	211	73	;	;	PUNCT
emaj-175	211	74	to	to	PART
emaj-175	211	75	test	test	VERB
emaj-175	211	76	the	the	DET
emaj-175	211	77	impact	impact	NOUN
emaj-175	211	78	of	of	ADP
emaj-175	211	79	macroeconomic	macroeconomic	ADJ
emaj-175	211	80	stability	stability	NOUN
emaj-175	211	81	,	,	PUNCT
emaj-175	211	82	inflation	inflation	NOUN
emaj-175	211	83	(	(	PUNCT
emaj-175	211	84	gdp	gdp	NOUN
emaj-175	211	85	deflator	deflator	NOUN
emaj-175	211	86	(	(	PUNCT
emaj-175	211	87	annual	annual	ADJ
emaj-175	211	88	%	%	NOUN
emaj-175	211	89	)	)	PUNCT
emaj-175	211	90	variable	variable	NOUN
emaj-175	211	91	,	,	PUNCT
emaj-175	211	92	to	to	PART
emaj-175	211	93	test	test	VERB
emaj-175	211	94	the	the	DET
emaj-175	211	95	impact	impact	NOUN
emaj-175	211	96	of	of	ADP
emaj-175	211	97	natural	natural	ADJ
emaj-175	211	98	resources	resource	NOUN
emaj-175	211	99	,	,	PUNCT
emaj-175	211	100	which	which	PRON
emaj-175	211	101	have	have	AUX
emaj-175	211	102	been	be	AUX
emaj-175	211	103	considered	consider	VERB
emaj-175	211	104	as	as	ADP
emaj-175	211	105	the	the	DET
emaj-175	211	106	strongest	strong	ADJ
emaj-175	211	107	motivation	motivation	NOUN
emaj-175	211	108	of	of	ADP
emaj-175	211	109	resource	resource	NOUN
emaj-175	211	110	-	-	PUNCT
emaj-175	211	111	seeking	seek	VERB
emaj-175	211	112	investment	investment	NOUN
emaj-175	211	113	in	in	ADP
emaj-175	211	114	the	the	DET
emaj-175	211	115	region	region	NOUN
emaj-175	211	116	,	,	PUNCT
emaj-175	211	117	total	total	ADJ
emaj-175	211	118	natural	natural	ADJ
emaj-175	211	119	resources	resource	NOUN
emaj-175	211	120	rents	rent	NOUN
emaj-175	211	121	(	(	PUNCT
emaj-175	211	122	%	%	NOUN
emaj-175	211	123	of	of	ADP
emaj-175	211	124	gdp	gdp	NOUN
emaj-175	211	125	)	)	PUNCT
emaj-175	211	126	,	,	PUNCT
emaj-175	211	127	to	to	PART
emaj-175	211	128	test	test	VERB
emaj-175	211	129	the	the	DET
emaj-175	211	130	impact	impact	NOUN
emaj-175	211	131	of	of	ADP
emaj-175	211	132	telecommunication	telecommunication	NOUN
emaj-175	211	133	infrastructure	infrastructure	NOUN
emaj-175	211	134	,	,	PUNCT
emaj-175	211	135	fixed	fix	VERB
emaj-175	211	136	telephone	telephone	NOUN
emaj-175	211	137	subscriptions	subscription	NOUN
emaj-175	211	138	(	(	PUNCT
emaj-175	211	139	per	per	ADP
emaj-175	211	140	100	100	NUM
emaj-175	211	141	people	people	NOUN
emaj-175	211	142	)	)	PUNCT
emaj-175	211	143	were	be	AUX
emaj-175	211	144	included	include	VERB
emaj-175	211	145	as	as	ADP
emaj-175	211	146	explanatory	explanatory	ADJ
emaj-175	211	147	variables	variable	NOUN
emaj-175	211	148	.	.	PUNCT
emaj-175	212	1	procedures	procedure	NOUN
emaj-175	212	2	for	for	ADP
emaj-175	212	3	obtaining	obtain	VERB
emaj-175	212	4	the	the	DET
emaj-175	212	5	econometric	econometric	ADJ
emaj-175	212	6	results	result	NOUN
emaj-175	212	7	have	have	AUX
emaj-175	212	8	been	be	AUX
emaj-175	212	9	fulfilled	fulfil	VERB
emaj-175	212	10	.	.	PUNCT
emaj-175	213	1	primarily	primarily	ADV
emaj-175	213	2	,	,	PUNCT
emaj-175	213	3	the	the	DET
emaj-175	213	4	functional	functional	ADJ
emaj-175	213	5	,	,	PUNCT
emaj-175	213	6	the	the	DET
emaj-175	213	7	statistical	statistical	ADJ
emaj-175	213	8	and	and	CCONJ
emaj-175	213	9	the	the	DET
emaj-175	213	10	ardl	ardl	NOUN
emaj-175	213	11	error	error	NOUN
emaj-175	213	12	correction	correction	NOUN
emaj-175	213	13	models	model	NOUN
emaj-175	213	14	were	be	AUX
emaj-175	213	15	established	establish	VERB
emaj-175	213	16	.	.	PUNCT
emaj-175	214	1	the	the	DET
emaj-175	214	2	pesaran	pesaran	NOUN
emaj-175	214	3	(	(	PUNCT
emaj-175	214	4	2004	2004	NUM
emaj-175	214	5	)	)	PUNCT
emaj-175	214	6	cross	cross	NOUN
emaj-175	214	7	section	section	PROPN
emaj-175	214	8	dependence	dependence	NOUN
emaj-175	214	9	test	test	NOUN
emaj-175	214	10	was	be	AUX
emaj-175	214	11	performed	perform	VERB
emaj-175	214	12	to	to	PART
emaj-175	214	13	figure	figure	VERB
emaj-175	214	14	out	out	ADP
emaj-175	214	15	the	the	DET
emaj-175	214	16	existence	existence	NOUN
emaj-175	214	17	of	of	ADP
emaj-175	214	18	correlation	correlation	NOUN
emaj-175	214	19	between	between	ADP
emaj-175	214	20	the	the	DET
emaj-175	214	21	units	unit	NOUN
emaj-175	214	22	.	.	PUNCT
emaj-175	215	1	ips	ips	PROPN
emaj-175	215	2	unit	unit	NOUN
emaj-175	215	3	root	root	PROPN
emaj-175	215	4	test	test	NOUN
emaj-175	215	5	was	be	AUX
emaj-175	215	6	applied	apply	VERB
emaj-175	215	7	to	to	PART
emaj-175	215	8	reveal	reveal	VERB
emaj-175	215	9	the	the	DET
emaj-175	215	10	stationary	stationary	ADJ
emaj-175	215	11	level	level	NOUN
emaj-175	215	12	of	of	ADP
emaj-175	215	13	the	the	DET
emaj-175	215	14	series	series	NOUN
emaj-175	215	15	.	.	PUNCT
emaj-175	216	1	hansen	hansen	PROPN
emaj-175	216	2	j	j	PROPN
emaj-175	216	3	test	test	NOUN
emaj-175	216	4	was	be	AUX
emaj-175	216	5	employed	employ	VERB
emaj-175	216	6	to	to	PART
emaj-175	216	7	define	define	VERB
emaj-175	216	8	the	the	DET
emaj-175	216	9	proper	proper	ADJ
emaj-175	216	10	lag	lag	NOUN
emaj-175	216	11	-	-	PUNCT
emaj-175	216	12	length	length	NOUN
emaj-175	216	13	value	value	NOUN
emaj-175	216	14	.	.	PUNCT
emaj-175	217	1	pedroni	pedroni	ADJ
emaj-175	217	2	co	co	NOUN
emaj-175	217	3	-	-	NOUN
emaj-175	217	4	integration	integration	NOUN
emaj-175	217	5	test	test	NOUN
emaj-175	217	6	verified	verify	VERB
emaj-175	217	7	the	the	DET
emaj-175	217	8	existence	existence	NOUN
emaj-175	217	9	of	of	ADP
emaj-175	217	10	long	long	ADJ
emaj-175	217	11	-	-	PUNCT
emaj-175	217	12	term	term	NOUN
emaj-175	217	13	relationships	relationship	NOUN
emaj-175	217	14	among	among	ADP
emaj-175	217	15	the	the	DET
emaj-175	217	16	series	series	NOUN
emaj-175	217	17	and	and	CCONJ
emaj-175	217	18	the	the	DET
emaj-175	217	19	results	result	NOUN
emaj-175	217	20	of	of	ADP
emaj-175	217	21	the	the	DET
emaj-175	217	22	hausman	hausman	PROPN
emaj-175	217	23	test	test	NOUN
emaj-175	217	24	confirmed	confirm	VERB
emaj-175	217	25	that	that	SCONJ
emaj-175	217	26	,	,	PUNCT
emaj-175	217	27	the	the	DET
emaj-175	217	28	pmg	pmg	PROPN
emaj-175	217	29	(	(	PUNCT
emaj-175	217	30	pooled	pool	VERB
emaj-175	217	31	mean	mean	NOUN
emaj-175	217	32	group	group	NOUN
emaj-175	217	33	)	)	PUNCT
emaj-175	217	34	estimator	estimator	NOUN
emaj-175	217	35	can	can	AUX
emaj-175	217	36	be	be	AUX
emaj-175	217	37	employed	employ	VERB
emaj-175	217	38	to	to	PART
emaj-175	217	39	reveal	reveal	VERB
emaj-175	217	40	both	both	CCONJ
emaj-175	217	41	long	long	ADJ
emaj-175	217	42	and	and	CCONJ
emaj-175	217	43	short	short	ADJ
emaj-175	217	44	-	-	PUNCT
emaj-175	217	45	term	term	NOUN
emaj-175	217	46	relationships	relationship	NOUN
emaj-175	217	47	.	.	PUNCT
emaj-175	218	1	based	base	VERB
emaj-175	218	2	on	on	ADP
emaj-175	218	3	the	the	DET
emaj-175	218	4	pmg	pmg	PROPN
emaj-175	218	5	estimator	estimator	NOUN
emaj-175	218	6	results	result	VERB
emaj-175	218	7	it	it	PRON
emaj-175	218	8	can	can	AUX
emaj-175	218	9	be	be	AUX
emaj-175	218	10	concluded	conclude	VERB
emaj-175	218	11	that	that	SCONJ
emaj-175	218	12	gdp	gdp	NOUN
emaj-175	218	13	growth	growth	NOUN
emaj-175	218	14	,	,	PUNCT
emaj-175	218	15	trade	trade	NOUN
emaj-175	218	16	openness	openness	NOUN
emaj-175	218	17	,	,	PUNCT
emaj-175	218	18	domestic	domestic	ADJ
emaj-175	218	19	credits	credit	NOUN
emaj-175	218	20	,	,	PUNCT
emaj-175	218	21	natural	natural	ADJ
emaj-175	218	22	resources	resource	NOUN
emaj-175	218	23	and	and	CCONJ
emaj-175	218	24	telecommunication	telecommunication	NOUN
emaj-175	218	25	infrastructure	infrastructure	NOUN
emaj-175	218	26	are	be	AUX
emaj-175	218	27	the	the	DET
emaj-175	218	28	determinants	determinant	NOUN
emaj-175	218	29	of	of	ADP
emaj-175	218	30	fdi	fdi	NOUN
emaj-175	218	31	inflows	inflow	NOUN
emaj-175	218	32	in	in	ADP
emaj-175	218	33	subsaharan	subsaharan	ADJ
emaj-175	218	34	countries	country	NOUN
emaj-175	218	35	in	in	ADP
emaj-175	218	36	the	the	DET
emaj-175	218	37	long	long	ADJ
emaj-175	218	38	term	term	NOUN
emaj-175	218	39	.	.	PUNCT
emaj-175	219	1	however	however	ADV
emaj-175	219	2	,	,	PUNCT
emaj-175	219	3	in	in	ADP
emaj-175	219	4	the	the	DET
emaj-175	219	5	short	short	ADJ
emaj-175	219	6	term	term	NOUN
emaj-175	219	7	,	,	PUNCT
emaj-175	219	8	only	only	ADV
emaj-175	219	9	the	the	DET
emaj-175	219	10	gdp	gdp	NOUN
emaj-175	219	11	growth	growth	NOUN
emaj-175	219	12	and	and	CCONJ
emaj-175	219	13	trade	trade	NOUN
emaj-175	219	14	openness	openness	NOUN
emaj-175	219	15	determines	determine	VERB
emaj-175	219	16	fdi	fdi	NOUN
emaj-175	219	17	inflows	inflow	NOUN
emaj-175	219	18	.	.	PUNCT
emaj-175	220	1	these	these	DET
emaj-175	220	2	findings	finding	NOUN
emaj-175	220	3	of	of	ADP
emaj-175	220	4	the	the	DET
emaj-175	220	5	study	study	NOUN
emaj-175	220	6	support	support	VERB
emaj-175	220	7	the	the	DET
emaj-175	220	8	theoretical	theoretical	ADJ
emaj-175	220	9	framework	framework	NOUN
emaj-175	220	10	developed	develop	VERB
emaj-175	220	11	by	by	ADP
emaj-175	220	12	dunning	dun	VERB
emaj-175	220	13	(	(	PUNCT
emaj-175	220	14	1993	1993	NUM
emaj-175	220	15	)	)	PUNCT
emaj-175	220	16	,	,	PUNCT
emaj-175	220	17	who	who	PRON
emaj-175	220	18	asserts	assert	VERB
emaj-175	220	19	that	that	SCONJ
emaj-175	220	20	locations	location	NOUN
emaj-175	220	21	specific	specific	ADJ
emaj-175	220	22	factors	factor	NOUN
emaj-175	220	23	influence	influence	VERB
emaj-175	220	24	the	the	DET
emaj-175	220	25	investor	investor	NOUN
emaj-175	220	26	decision	decision	NOUN
emaj-175	220	27	.	.	PUNCT
emaj-175	221	1	it	it	PRON
emaj-175	221	2	can	can	AUX
emaj-175	221	3	also	also	ADV
emaj-175	221	4	be	be	AUX
emaj-175	221	5	concluded	conclude	VERB
emaj-175	221	6	that	that	SCONJ
emaj-175	221	7	,	,	PUNCT
emaj-175	221	8	sub	sub	ADJ
emaj-175	221	9	-	-	ADJ
emaj-175	221	10	sahara	sahara	ADJ
emaj-175	221	11	african	african	ADJ
emaj-175	221	12	region	region	NOUN
emaj-175	221	13	is	be	AUX
emaj-175	221	14	not	not	PART
emaj-175	221	15	only	only	ADV
emaj-175	221	16	attracting	attract	VERB
emaj-175	221	17	resource	resource	NOUN
emaj-175	221	18	-	-	PUNCT
emaj-175	221	19	seeking	seek	VERB
emaj-175	221	20	investments	investment	NOUN
emaj-175	221	21	,	,	PUNCT
emaj-175	221	22	but	but	CCONJ
emaj-175	221	23	it	it	PRON
emaj-175	221	24	is	be	AUX
emaj-175	221	25	also	also	ADV
emaj-175	221	26	marketseeking	marketseeke	VERB
emaj-175	221	27	.	.	PUNCT
emaj-175	222	1	when	when	SCONJ
emaj-175	222	2	the	the	DET
emaj-175	222	3	results	result	NOUN
emaj-175	222	4	of	of	ADP
emaj-175	222	5	the	the	DET
emaj-175	222	6	study	study	NOUN
emaj-175	222	7	are	be	AUX
emaj-175	222	8	evaluated	evaluate	VERB
emaj-175	222	9	as	as	ADP
emaj-175	222	10	a	a	DET
emaj-175	222	11	whole	whole	NOUN
emaj-175	222	12	,	,	PUNCT
emaj-175	222	13	it	it	PRON
emaj-175	222	14	can	can	AUX
emaj-175	222	15	be	be	AUX
emaj-175	222	16	suggested	suggest	VERB
emaj-175	222	17	that	that	SCONJ
emaj-175	222	18	in	in	ADP
emaj-175	222	19	sub	sub	ADJ
emaj-175	222	20	-	-	ADJ
emaj-175	222	21	saharan	saharan	ADJ
emaj-175	222	22	africa	africa	PROPN
emaj-175	222	23	,	,	PUNCT
emaj-175	222	24	where	where	SCONJ
emaj-175	222	25	already	already	ADV
emaj-175	222	26	substantial	substantial	ADJ
emaj-175	222	27	efforts	effort	NOUN
emaj-175	222	28	are	be	AUX
emaj-175	222	29	done	do	VERB
emaj-175	222	30	to	to	PART
emaj-175	222	31	improve	improve	VERB
emaj-175	222	32	the	the	DET
emaj-175	222	33	business	business	NOUN
emaj-175	222	34	environment	environment	NOUN
emaj-175	222	35	,	,	PUNCT
emaj-175	222	36	implementation	implementation	NOUN
emaj-175	222	37	of	of	ADP
emaj-175	222	38	policies	policy	NOUN
emaj-175	222	39	that	that	PRON
emaj-175	222	40	facilitate	facilitate	VERB
emaj-175	222	41	import	import	NOUN
emaj-175	222	42	-	-	PUNCT
emaj-175	222	43	export	export	NOUN
emaj-175	222	44	transactions	transaction	NOUN
emaj-175	222	45	,	,	PUNCT
emaj-175	222	46	increase	increase	VERB
emaj-175	222	47	financial	financial	ADJ
emaj-175	222	48	development	development	NOUN
emaj-175	222	49	,	,	PUNCT
emaj-175	222	50	ease	ease	VERB
emaj-175	222	51	the	the	DET
emaj-175	222	52	access	access	NOUN
emaj-175	222	53	to	to	ADP
emaj-175	222	54	natural	natural	ADJ
emaj-175	222	55	resources	resource	NOUN
emaj-175	222	56	,	,	PUNCT
emaj-175	222	57	and	and	CCONJ
emaj-175	222	58	extend	extend	VERB
emaj-175	222	59	the	the	DET
emaj-175	222	60	telecommunication	telecommunication	NOUN
emaj-175	222	61	infrastructure	infrastructure	NOUN
emaj-175	222	62	to	to	ADP
emaj-175	222	63	wider	wide	ADJ
emaj-175	222	64	segments	segment	NOUN
emaj-175	222	65	of	of	ADP
emaj-175	222	66	society	society	NOUN
emaj-175	222	67	in	in	ADP
emaj-175	222	68	africa	africa	PROPN
emaj-175	222	69	is	be	AUX
emaj-175	222	70	believed	believe	VERB
emaj-175	222	71	to	to	PART
emaj-175	222	72	help	help	VERB
emaj-175	222	73	this	this	DET
emaj-175	222	74	region	region	NOUN
emaj-175	222	75	to	to	PART
emaj-175	222	76	attract	attract	VERB
emaj-175	222	77	foreign	foreign	ADJ
emaj-175	222	78	investment	investment	NOUN
emaj-175	222	79	.	.	PUNCT
emaj-175	223	1	references	reference	NOUN
emaj-175	223	2	ahn	ahn	PROPN
emaj-175	223	3	,	,	PUNCT
emaj-175	223	4	y.	y.	PROPN
emaj-175	223	5	s.	s.	PROPN
emaj-175	223	6	,	,	PUNCT
emaj-175	223	7	adji	adji	PROPN
emaj-175	223	8	,	,	PUNCT
emaj-175	223	9	s.	s.	PROPN
emaj-175	223	10	s.	s.	PROPN
emaj-175	223	11	,	,	PUNCT
emaj-175	223	12	&	&	CCONJ
emaj-175	223	13	willet	willet	PROPN
emaj-175	223	14	,	,	PUNCT
emaj-175	223	15	t.	t.	PROPN
emaj-175	223	16	d.	d.	PROPN
emaj-175	223	17	(	(	PUNCT
emaj-175	223	18	1998	1998	NUM
emaj-175	223	19	)	)	PUNCT
emaj-175	223	20	.	.	PUNCT
emaj-175	224	1	the	the	DET
emaj-175	224	2	effects	effect	NOUN
emaj-175	224	3	of	of	ADP
emaj-175	224	4	inflation	inflation	NOUN
emaj-175	224	5	and	and	CCONJ
emaj-175	224	6	exchange	exchange	NOUN
emaj-175	224	7	rate	rate	NOUN
emaj-175	224	8	policies	policy	NOUN
emaj-175	224	9	on	on	ADP
emaj-175	224	10	direct	direct	ADJ
emaj-175	224	11	investment	investment	NOUN
emaj-175	224	12	to	to	ADP
emaj-175	224	13	developing	develop	VERB
emaj-175	224	14	countries	country	NOUN
emaj-175	224	15	,	,	PUNCT
emaj-175	224	16	international	international	ADJ
emaj-175	224	17	economic	economic	ADJ
emaj-175	224	18	journal	journal	NOUN
emaj-175	224	19	,	,	PUNCT
emaj-175	224	20	12(1	12(1	NUM
emaj-175	224	21	)	)	PUNCT
emaj-175	224	22	,	,	PUNCT
emaj-175	224	23	95	95	NUM
emaj-175	224	24	–	–	SYM
emaj-175	224	25	104	104	NUM
emaj-175	224	26	.	.	PUNCT
emaj-175	225	1	ang	ang	PROPN
emaj-175	225	2	,	,	PUNCT
emaj-175	225	3	j.b	j.b	PROPN
emaj-175	225	4	.	.	PUNCT
emaj-175	225	5	(	(	PUNCT
emaj-175	225	6	2008	2008	NUM
emaj-175	225	7	)	)	PUNCT
emaj-175	225	8	.	.	PUNCT
emaj-175	226	1	determinant	determinant	ADJ
emaj-175	226	2	of	of	ADP
emaj-175	226	3	fdi	fdi	PROPN
emaj-175	226	4	in	in	ADP
emaj-175	226	5	malaysia	malaysia	PROPN
emaj-175	226	6	,	,	PUNCT
emaj-175	226	7	journal	journal	NOUN
emaj-175	226	8	of	of	ADP
emaj-175	226	9	policy	policy	NOUN
emaj-175	226	10	modelling	modelling	NOUN
emaj-175	226	11	,	,	PUNCT
emaj-175	226	12	30	30	NUM
emaj-175	226	13	,	,	PUNCT
emaj-175	226	14	185	185	NUM
emaj-175	226	15	-	-	SYM
emaj-175	226	16	189	189	NUM
emaj-175	226	17	.	.	PUNCT
emaj-175	227	1	asiedu	asiedu	PROPN
emaj-175	227	2	,	,	PUNCT
emaj-175	227	3	e.	e.	PROPN
emaj-175	227	4	(	(	PUNCT
emaj-175	227	5	2002	2002	NUM
emaj-175	227	6	)	)	PUNCT
emaj-175	227	7	.	.	PUNCT
emaj-175	228	1	on	on	ADP
emaj-175	228	2	the	the	DET
emaj-175	228	3	determinants	determinant	NOUN
emaj-175	228	4	of	of	ADP
emaj-175	228	5	foreign	foreign	ADJ
emaj-175	228	6	direct	direct	ADJ
emaj-175	228	7	investment	investment	NOUN
emaj-175	228	8	to	to	ADP
emaj-175	228	9	developing	develop	VERB
emaj-175	228	10	countries	country	NOUN
emaj-175	228	11	:	:	PUNCT
emaj-175	228	12	is	be	AUX
emaj-175	228	13	africa	africa	PROPN
emaj-175	228	14	different	different	ADJ
emaj-175	228	15	?	?	PUNCT
emaj-175	228	16	,	,	PUNCT
emaj-175	228	17	world	world	NOUN
emaj-175	228	18	development	development	NOUN
emaj-175	228	19	,	,	PUNCT
emaj-175	228	20	30(1	30(1	NUM
emaj-175	228	21	)	)	PUNCT
emaj-175	228	22	,	,	PUNCT
emaj-175	228	23	107119	107119	NUM
emaj-175	228	24	.	.	PUNCT
emaj-175	229	1	asiedu	asiedu	PROPN
emaj-175	229	2	,	,	PUNCT
emaj-175	229	3	e.	e.	PROPN
emaj-175	229	4	(	(	PUNCT
emaj-175	229	5	2006	2006	NUM
emaj-175	229	6	)	)	PUNCT
emaj-175	229	7	.	.	PUNCT
emaj-175	230	1	foreign	foreign	ADJ
emaj-175	230	2	direct	direct	ADJ
emaj-175	230	3	investment	investment	NOUN
emaj-175	230	4	in	in	ADP
emaj-175	230	5	africa	africa	PROPN
emaj-175	230	6	:	:	PUNCT
emaj-175	230	7	the	the	DET
emaj-175	230	8	role	role	NOUN
emaj-175	230	9	of	of	ADP
emaj-175	230	10	natural	natural	ADJ
emaj-175	230	11	resources	resource	NOUN
emaj-175	230	12	,	,	PUNCT
emaj-175	230	13	market	market	NOUN
emaj-175	230	14	size	size	NOUN
emaj-175	230	15	,	,	PUNCT
emaj-175	230	16	government	government	NOUN
emaj-175	230	17	policy	policy	NOUN
emaj-175	230	18	,	,	PUNCT
emaj-175	230	19	institutions	institution	NOUN
emaj-175	230	20	and	and	CCONJ
emaj-175	230	21	political	political	ADJ
emaj-175	230	22	instability	instability	NOUN
emaj-175	230	23	,	,	PUNCT
emaj-175	230	24	the	the	DET
emaj-175	230	25	world	world	NOUN
emaj-175	230	26	economy	economy	NOUN
emaj-175	230	27	,	,	PUNCT
emaj-175	230	28	29(1	29(1	NUM
emaj-175	230	29	)	)	PUNCT
emaj-175	230	30	,	,	PUNCT
emaj-175	230	31	63–77	63–77	NOUN
emaj-175	230	32	.	.	PUNCT
emaj-175	231	1	asiedu	asiedu	PROPN
emaj-175	231	2	,	,	PUNCT
emaj-175	231	3	e.	e.	PROPN
emaj-175	231	4	&	&	CCONJ
emaj-175	231	5	lien	lien	PROPN
emaj-175	231	6	,	,	PUNCT
emaj-175	231	7	d.	d.	PROPN
emaj-175	231	8	(	(	PUNCT
emaj-175	231	9	2011	2011	NUM
emaj-175	231	10	)	)	PUNCT
emaj-175	231	11	.	.	PUNCT
emaj-175	232	1	democracy	democracy	NOUN
emaj-175	232	2	,	,	PUNCT
emaj-175	232	3	foreign	foreign	ADJ
emaj-175	232	4	direct	direct	ADJ
emaj-175	232	5	investment	investment	NOUN
emaj-175	232	6	and	and	CCONJ
emaj-175	232	7	natural	natural	ADJ
emaj-175	232	8	resources	resource	NOUN
emaj-175	232	9	,	,	PUNCT
emaj-175	232	10	journal	journal	NOUN
emaj-175	232	11	of	of	ADP
emaj-175	232	12	international	international	ADJ
emaj-175	232	13	economics	economic	NOUN
emaj-175	232	14	,	,	PUNCT
emaj-175	232	15	84(1	84(1	NUM
emaj-175	232	16	)	)	PUNCT
emaj-175	232	17	,	,	PUNCT
emaj-175	232	18	99	99	NUM
emaj-175	232	19	–	–	SYM
emaj-175	232	20	111	111	NUM
emaj-175	232	21	.	.	PUNCT
emaj-175	233	1	basu	basu	PROPN
emaj-175	233	2	,	,	PUNCT
emaj-175	233	3	a.	a.	PROPN
emaj-175	233	4	&	&	CCONJ
emaj-175	233	5	srinivasan	srinivasan	PROPN
emaj-175	233	6	,	,	PUNCT
emaj-175	233	7	k.	k.	PROPN
emaj-175	233	8	(	(	PUNCT
emaj-175	233	9	2002	2002	NUM
emaj-175	233	10	)	)	PUNCT
emaj-175	233	11	.	.	PUNCT
emaj-175	234	1	foreign	foreign	ADJ
emaj-175	234	2	direct	direct	ADJ
emaj-175	234	3	investment	investment	NOUN
emaj-175	234	4	in	in	ADP
emaj-175	234	5	africa	africa	PROPN
emaj-175	234	6	–	–	PUNCT
emaj-175	234	7	some	some	DET
emaj-175	234	8	case	case	NOUN
emaj-175	234	9	studies	study	NOUN
emaj-175	234	10	.	.	PUNCT
emaj-175	235	1	imf	imf	PROPN
emaj-175	235	2	working	working	PROPN
emaj-175	235	3	paper	paper	PROPN
emaj-175	235	4	wp/02/61	wp/02/61	PROPN
emaj-175	235	5	,	,	PUNCT
emaj-175	235	6	international	international	ADJ
emaj-175	235	7	monetary	monetary	ADJ
emaj-175	235	8	fund	fund	NOUN
emaj-175	235	9	:	:	PUNCT
emaj-175	235	10	washington	washington	PROPN
emaj-175	235	11	dc	dc	PROPN
emaj-175	235	12	.	.	PUNCT
emaj-175	235	13	buckley	buckley	PROPN
emaj-175	235	14	,	,	PUNCT
emaj-175	235	15	p.	p.	PROPN
emaj-175	235	16	j.	j.	PROPN
emaj-175	235	17	&	&	CCONJ
emaj-175	235	18	casson	casson	PROPN
emaj-175	235	19	,	,	PUNCT
emaj-175	235	20	m.	m.	NOUN
emaj-175	235	21	c.	c.	PROPN
emaj-175	235	22	(	(	PUNCT
emaj-175	235	23	1976	1976	NUM
emaj-175	235	24	)	)	PUNCT
emaj-175	235	25	.	.	PUNCT
emaj-175	236	1	the	the	DET
emaj-175	236	2	future	future	NOUN
emaj-175	236	3	of	of	ADP
emaj-175	236	4	the	the	DET
emaj-175	236	5	multinational	multinational	ADJ
emaj-175	236	6	enterprise	enterprise	NOUN
emaj-175	236	7	,	,	PUNCT
emaj-175	236	8	london	london	PROPN
emaj-175	236	9	:	:	PUNCT
emaj-175	236	10	the	the	DET
emaj-175	236	11	macmillan	macmillan	PROPN
emaj-175	236	12	press	press	PROPN
emaj-175	236	13	.	.	PUNCT
emaj-175	237	1	demirhan	demirhan	PROPN
emaj-175	237	2	,	,	PUNCT
emaj-175	237	3	e.	e.	PROPN
emaj-175	237	4	&	&	CCONJ
emaj-175	237	5	masca	masca	PROPN
emaj-175	237	6	,	,	PUNCT
emaj-175	237	7	m.	m.	NOUN
emaj-175	237	8	(	(	PUNCT
emaj-175	237	9	2008	2008	NUM
emaj-175	237	10	)	)	PUNCT
emaj-175	237	11	.	.	PUNCT
emaj-175	238	1	determinants	determinant	NOUN
emaj-175	238	2	of	of	ADP
emaj-175	238	3	foreign	foreign	ADJ
emaj-175	238	4	direct	direct	ADJ
emaj-175	238	5	investment	investment	NOUN
emaj-175	238	6	flows	flow	VERB
emaj-175	238	7	to	to	ADP
emaj-175	238	8	developing	develop	VERB
emaj-175	238	9	countries	country	NOUN
emaj-175	238	10	:	:	PUNCT
emaj-175	238	11	a	a	DET
emaj-175	238	12	cross	cross	ADJ
emaj-175	238	13	-	-	ADJ
emaj-175	238	14	sectional	sectional	ADJ
emaj-175	238	15	analysis	analysis	NOUN
emaj-175	238	16	,	,	PUNCT
emaj-175	238	17	prague	prague	NOUN
emaj-175	238	18	economic	economic	ADJ
emaj-175	238	19	papers	paper	NOUN
emaj-175	238	20	,	,	PUNCT
emaj-175	238	21	2008	2008	NUM
emaj-175	238	22	,	,	PUNCT
emaj-175	238	23	4	4	NUM
emaj-175	238	24	,	,	PUNCT
emaj-175	238	25	356	356	NUM
emaj-175	238	26	-	-	SYM
emaj-175	238	27	369	369	NUM
emaj-175	238	28	.	.	PUNCT
emaj-175	239	1	denisia	denisia	NOUN
emaj-175	239	2	,	,	PUNCT
emaj-175	239	3	v.	v.	PROPN
emaj-175	239	4	(	(	PUNCT
emaj-175	239	5	2010	2010	NUM
emaj-175	239	6	)	)	PUNCT
emaj-175	239	7	.	.	PUNCT
emaj-175	240	1	foreign	foreign	ADJ
emaj-175	240	2	direct	direct	ADJ
emaj-175	240	3	investment	investment	NOUN
emaj-175	240	4	theories	theory	NOUN
emaj-175	240	5	:	:	PUNCT
emaj-175	240	6	an	an	DET
emaj-175	240	7	overview	overview	NOUN
emaj-175	240	8	of	of	ADP
emaj-175	240	9	the	the	DET
emaj-175	240	10	main	main	ADJ
emaj-175	240	11	fdi	fdi	NOUN
emaj-175	240	12	theories	theory	NOUN
emaj-175	240	13	,	,	PUNCT
emaj-175	240	14	academy	academy	NOUN
emaj-175	240	15	of	of	ADP
emaj-175	240	16	economic	economic	ADJ
emaj-175	240	17	studies	study	NOUN
emaj-175	240	18	,	,	PUNCT
emaj-175	240	19	2(2	2(2	NUM
emaj-175	240	20	)	)	PUNCT
emaj-175	240	21	,	,	PUNCT
emaj-175	240	22	104	104	NUM
emaj-175	240	23	-	-	SYM
emaj-175	240	24	110	110	NUM
emaj-175	240	25	.	.	PUNCT
emaj-175	241	1	dunning	dun	VERB
emaj-175	241	2	,	,	PUNCT
emaj-175	241	3	j.	j.	PROPN
emaj-175	241	4	h.	h.	PROPN
emaj-175	241	5	(	(	PUNCT
emaj-175	241	6	1977	1977	NUM
emaj-175	241	7	)	)	PUNCT
emaj-175	241	8	.	.	PUNCT
emaj-175	242	1	trade	trade	NOUN
emaj-175	242	2	,	,	PUNCT
emaj-175	242	3	location	location	NOUN
emaj-175	242	4	of	of	ADP
emaj-175	242	5	economic	economic	ADJ
emaj-175	242	6	activity	activity	NOUN
emaj-175	242	7	and	and	CCONJ
emaj-175	242	8	the	the	DET
emaj-175	242	9	mne	mne	PROPN
emaj-175	242	10	:	:	PUNCT
emaj-175	242	11	a	a	DET
emaj-175	242	12	search	search	NOUN
emaj-175	242	13	for	for	ADP
emaj-175	242	14	an	an	DET
emaj-175	242	15	eclectic	eclectic	ADJ
emaj-175	242	16	approach	approach	NOUN
emaj-175	242	17	.	.	PUNCT
emaj-175	243	1	in	in	ADP
emaj-175	243	2	b.	b.	PROPN
emaj-175	243	3	ohlin	ohlin	PROPN
emaj-175	243	4	,	,	PUNCT
emaj-175	243	5	p.	p.	NOUN
emaj-175	243	6	o.	o.	PROPN
emaj-175	243	7	hesselborn	hesselborn	PROPN
emaj-175	243	8	,	,	PUNCT
emaj-175	243	9	&	&	CCONJ
emaj-175	243	10	p.	p.	PROPN
emaj-175	243	11	m.	m.	PROPN
emaj-175	243	12	wijkman	wijkman	PROPN
emaj-175	243	13	,	,	PUNCT
emaj-175	243	14	the	the	DET
emaj-175	243	15	international	international	ADJ
emaj-175	243	16	allocation	allocation	NOUN
emaj-175	243	17	of	of	ADP
emaj-175	243	18	economic	economic	ADJ
emaj-175	243	19	activity	activity	NOUN
emaj-175	243	20	,	,	PUNCT
emaj-175	243	21	london	london	PROPN
emaj-175	243	22	:	:	PUNCT
emaj-175	243	23	macmillan	macmillan	PROPN
emaj-175	243	24	.	.	PUNCT
emaj-175	244	1	dunning	dun	VERB
emaj-175	244	2	,	,	PUNCT
emaj-175	244	3	j.	j.	PROPN
emaj-175	244	4	h.	h.	PROPN
emaj-175	244	5	(	(	PUNCT
emaj-175	244	6	1993	1993	NUM
emaj-175	244	7	)	)	PUNCT
emaj-175	244	8	.	.	PUNCT
emaj-175	245	1	multinational	multinational	ADJ
emaj-175	245	2	enterprises	enterprise	NOUN
emaj-175	245	3	and	and	CCONJ
emaj-175	245	4	the	the	DET
emaj-175	245	5	global	global	ADJ
emaj-175	245	6	economy	economy	NOUN
emaj-175	245	7	,	,	PUNCT
emaj-175	245	8	harlow	harlow	NOUN
emaj-175	245	9	,	,	PUNCT
emaj-175	245	10	essex	essex	PROPN
emaj-175	245	11	:	:	PUNCT
emaj-175	245	12	addison	addison	PROPN
emaj-175	245	13	wesley	wesley	PROPN
emaj-175	245	14	publishing	publishing	PROPN
emaj-175	245	15	co.	co.	PROPN
emaj-175	245	16	erkişi	erkişi	PROPN
emaj-175	245	17	,	,	PUNCT
emaj-175	245	18	k.	k.	PROPN
emaj-175	245	19	(	(	PUNCT
emaj-175	245	20	2018	2018	NUM
emaj-175	245	21	)	)	PUNCT
emaj-175	245	22	.	.	PUNCT
emaj-175	246	1	foreign	foreign	ADJ
emaj-175	246	2	direct	direct	ADJ
emaj-175	246	3	investment	investment	NOUN
emaj-175	246	4	,	,	PUNCT
emaj-175	246	5	trade	trade	NOUN
emaj-175	246	6	openness	openness	NOUN
emaj-175	246	7	and	and	CCONJ
emaj-175	246	8	economic	economic	ADJ
emaj-175	246	9	growth	growth	NOUN
emaj-175	246	10	:	:	PUNCT
emaj-175	246	11	a	a	DET
emaj-175	246	12	case	case	NOUN
emaj-175	246	13	of	of	ADP
emaj-175	246	14	turkey	turkey	NOUN
emaj-175	246	15	,	,	PUNCT
emaj-175	246	16	the	the	DET
emaj-175	246	17	academic	academic	ADJ
emaj-175	246	18	elegance	elegance	NOUN
emaj-175	246	19	,	,	PUNCT
emaj-175	246	20	5(10	5(10	NUM
emaj-175	246	21	)	)	PUNCT
emaj-175	246	22	,	,	PUNCT
emaj-175	246	23	189202	189202	NUM
emaj-175	246	24	.	.	PUNCT
emaj-175	247	1	erkisi	erkisi	PROPN
emaj-175	247	2	,	,	PUNCT
emaj-175	247	3	k.	k.	PROPN
emaj-175	247	4	&	&	CCONJ
emaj-175	247	5	ceyhan	ceyhan	PROPN
emaj-175	247	6	,	,	PUNCT
emaj-175	247	7	t.	t.	PROPN
emaj-175	247	8	(	(	PUNCT
emaj-175	247	9	2019	2019	NUM
emaj-175	247	10	)	)	PUNCT
emaj-175	247	11	.	.	PUNCT
emaj-175	248	1	trade	trade	NOUN
emaj-175	248	2	liberalization	liberalization	NOUN
emaj-175	248	3	and	and	CCONJ
emaj-175	248	4	economic	economic	ADJ
emaj-175	248	5	growth	growth	NOUN
emaj-175	248	6	:	:	PUNCT
emaj-175	248	7	a	a	DET
emaj-175	248	8	panel	panel	NOUN
emaj-175	248	9	data	data	VERB
emaj-175	248	10	analysis	analysis	NOUN
emaj-175	248	11	for	for	ADP
emaj-175	248	12	transition	transition	NOUN
emaj-175	248	13	economies	economy	NOUN
emaj-175	248	14	in	in	ADP
emaj-175	248	15	europe	europe	PROPN
emaj-175	248	16	,	,	PUNCT
emaj-175	248	17	journal	journal	NOUN
emaj-175	248	18	of	of	ADP
emaj-175	248	19	economic	economic	ADJ
emaj-175	248	20	,	,	PUNCT
emaj-175	248	21	finance	finance	NOUN
emaj-175	248	22	and	and	CCONJ
emaj-175	248	23	accounting	accounting	NOUN
emaj-175	248	24	,	,	PUNCT
emaj-175	248	25	6(2	6(2	NUM
emaj-175	248	26	)	)	PUNCT
emaj-175	248	27	,	,	PUNCT
emaj-175	248	28	82	82	NUM
emaj-175	248	29	-	-	SYM
emaj-175	248	30	94	94	NUM
emaj-175	248	31	.	.	PUNCT
emaj-175	249	1	ezeoha	ezeoha	PROPN
emaj-175	249	2	,	,	PUNCT
emaj-175	249	3	a.	a.	PROPN
emaj-175	249	4	e.	e.	PROPN
emaj-175	249	5	&	&	CCONJ
emaj-175	249	6	cattaneo	cattaneo	PROPN
emaj-175	249	7	,	,	PUNCT
emaj-175	249	8	n.	n.	PROPN
emaj-175	249	9	(	(	PUNCT
emaj-175	249	10	2012	2012	NUM
emaj-175	249	11	)	)	PUNCT
emaj-175	249	12	.	.	PUNCT
emaj-175	250	1	fdi	fdi	NOUN
emaj-175	250	2	flows	flow	VERB
emaj-175	250	3	to	to	ADP
emaj-175	250	4	subsaharan	subsaharan	PROPN
emaj-175	250	5	africa	africa	PROPN
emaj-175	250	6	:	:	PUNCT
emaj-175	250	7	the	the	DET
emaj-175	250	8	impact	impact	NOUN
emaj-175	250	9	of	of	ADP
emaj-175	250	10	finance	finance	NOUN
emaj-175	250	11	,	,	PUNCT
emaj-175	250	12	institutions	institution	NOUN
emaj-175	250	13	,	,	PUNCT
emaj-175	250	14	and	and	CCONJ
emaj-175	250	15	natural	natural	ADJ
emaj-175	250	16	resource	resource	NOUN
emaj-175	250	17	endowment	endowment	NOUN
emaj-175	250	18	,	,	PUNCT
emaj-175	250	19	comparative	comparative	ADJ
emaj-175	250	20	economic	economic	ADJ
emaj-175	250	21	studies	study	NOUN
emaj-175	250	22	,	,	PUNCT
emaj-175	250	23	54	54	NUM
emaj-175	250	24	,	,	PUNCT
emaj-175	250	25	597–632	597–632	NUM
emaj-175	250	26	.	.	PUNCT
emaj-175	251	1	hymer	hymer	PROPN
emaj-175	251	2	,	,	PUNCT
emaj-175	251	3	s.	s.	PROPN
emaj-175	251	4	h.	h.	PROPN
emaj-175	251	5	(	(	PUNCT
emaj-175	251	6	1976	1976	NUM
emaj-175	251	7	)	)	PUNCT
emaj-175	251	8	.	.	PUNCT
emaj-175	252	1	the	the	DET
emaj-175	252	2	international	international	ADJ
emaj-175	252	3	operations	operation	NOUN
emaj-175	252	4	of	of	ADP
emaj-175	252	5	national	national	ADJ
emaj-175	252	6	firms	firm	NOUN
emaj-175	252	7	:	:	PUNCT
emaj-175	252	8	a	a	DET
emaj-175	252	9	study	study	NOUN
emaj-175	252	10	of	of	ADP
emaj-175	252	11	direct	direct	ADJ
emaj-175	252	12	foreign	foreign	ADJ
emaj-175	252	13	investment	investment	NOUN
emaj-175	252	14	,	,	PUNCT
emaj-175	252	15	cambridge	cambridge	PROPN
emaj-175	252	16	:	:	PUNCT
emaj-175	252	17	the	the	DET
emaj-175	252	18	mit	mit	PROPN
emaj-175	252	19	press	press	NOUN
emaj-175	252	20	.	.	PUNCT
emaj-175	253	1	karluk	karluk	PROPN
emaj-175	253	2	,	,	PUNCT
emaj-175	253	3	r.	r.	PROPN
emaj-175	253	4	(	(	PUNCT
emaj-175	253	5	2009	2009	NUM
emaj-175	253	6	)	)	PUNCT
emaj-175	253	7	.	.	PUNCT
emaj-175	254	1	uluslararası	uluslararası	PROPN
emaj-175	254	2	ekonomi	ekonomi	PROPN
emaj-175	254	3	:	:	PUNCT
emaj-175	254	4	teori	teori	PROPN
emaj-175	254	5	ve	ve	PROPN
emaj-175	254	6	politika	politika	X
emaj-175	254	7	,	,	PUNCT
emaj-175	254	8	9	9	NUM
emaj-175	254	9	.	.	PUNCT
emaj-175	254	10	baskı	baskı	NOUN
emaj-175	254	11	,	,	PUNCT
emaj-175	254	12	i̇stanbul	i̇stanbul	ADP
emaj-175	254	13	:	:	PUNCT
emaj-175	254	14	beta	beta	ADJ
emaj-175	254	15	basım	basım	NOUN
emaj-175	254	16	.	.	PUNCT
emaj-175	255	1	volume	volume	NOUN
emaj-175	255	2	9	9	NUM
emaj-175	255	3	no	no	DET
emaj-175	255	4	1	1	NUM
emaj-175	255	5	(	(	PUNCT
emaj-175	255	6	2019	2019	NUM
emaj-175	255	7	)	)	PUNCT
emaj-175	255	8	|	|	ADV
emaj-175	255	9	issn	issn	VERB
emaj-175	255	10	2158	2158	NUM
emaj-175	255	11	-	-	SYM
emaj-175	255	12	8708	8708	NUM
emaj-175	255	13	(	(	PUNCT
emaj-175	255	14	online	online	NOUN
emaj-175	255	15	)	)	PUNCT
emaj-175	255	16	|	|	ADV
emaj-175	255	17	doi	doi	X
emaj-175	255	18	10.5195	10.5195	NUM
emaj-175	255	19	/	/	SYM
emaj-175	255	20	emaj.2019.175	emaj.2019.175	NOUN
emaj-175	256	1	|	|	NOUN
emaj-175	256	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-175	256	3	semra	semra	PROPN
emaj-175	256	4	boğa	boğa	ADJ
emaj-175	256	5	emerging	emerge	VERB
emaj-175	256	6	markets	market	NOUN
emaj-175	256	7	journal	journal	NOUN
emaj-175	256	8	|	|	ADV
emaj-175	256	9	p	p	NOUN
emaj-175	256	10	a	a	DET
emaj-175	256	11	g	g	NOUN
emaj-175	256	12	e	e	NOUN
emaj-175	256	13	8	8	NUM
emaj-175	256	14	7	7	NUM
emaj-175	256	15	knickerbocker	knickerbocker	PROPN
emaj-175	256	16	,	,	PUNCT
emaj-175	256	17	f.	f.	PROPN
emaj-175	256	18	t.	t.	PROPN
emaj-175	256	19	(	(	PUNCT
emaj-175	256	20	1973	1973	NUM
emaj-175	256	21	)	)	PUNCT
emaj-175	256	22	.	.	PUNCT
emaj-175	257	1	oligopolistic	oligopolistic	ADJ
emaj-175	257	2	reaction	reaction	NOUN
emaj-175	257	3	and	and	CCONJ
emaj-175	257	4	multinational	multinational	ADJ
emaj-175	257	5	enterprise	enterprise	NOUN
emaj-175	257	6	,	,	PUNCT
emaj-175	257	7	the	the	DET
emaj-175	257	8	international	international	ADJ
emaj-175	257	9	executive	executive	NOUN
emaj-175	257	10	,	,	PUNCT
emaj-175	257	11	15(2	15(2	NUM
emaj-175	257	12	)	)	PUNCT
emaj-175	257	13	,	,	PUNCT
emaj-175	257	14	7	7	NUM
emaj-175	257	15	-	-	SYM
emaj-175	257	16	9	9	NUM
emaj-175	257	17	.	.	PUNCT
emaj-175	258	1	koyuncu	koyuncu	PROPN
emaj-175	258	2	,	,	PUNCT
emaj-175	258	3	c.	c.	PROPN
emaj-175	258	4	&	&	CCONJ
emaj-175	258	5	unver	unver	PROPN
emaj-175	258	6	,	,	PUNCT
emaj-175	258	7	m.	m.	NOUN
emaj-175	258	8	(	(	PUNCT
emaj-175	258	9	2016	2016	NUM
emaj-175	258	10	)	)	PUNCT
emaj-175	258	11	.	.	PUNCT
emaj-175	259	1	the	the	DET
emaj-175	259	2	impact	impact	NOUN
emaj-175	259	3	of	of	ADP
emaj-175	259	4	infrastructure	infrastructure	NOUN
emaj-175	259	5	on	on	ADP
emaj-175	259	6	fdi	fdi	NOUN
emaj-175	259	7	inflows	inflow	NOUN
emaj-175	259	8	:	:	PUNCT
emaj-175	259	9	a	a	DET
emaj-175	259	10	panel	panel	NOUN
emaj-175	259	11	data	data	VERB
emaj-175	259	12	analysis	analysis	NOUN
emaj-175	259	13	,	,	PUNCT
emaj-175	259	14	2nd	2nd	ADJ
emaj-175	259	15	international	international	ADJ
emaj-175	259	16	osmaneli	osmaneli	ADJ
emaj-175	259	17	social	social	PROPN
emaj-175	259	18	sciences	sciences	PROPN
emaj-175	259	19	congress	congress	PROPN
emaj-175	259	20	,	,	PUNCT
emaj-175	259	21	12	12	NUM
emaj-175	259	22	-	-	SYM
emaj-175	259	23	13	13	NUM
emaj-175	259	24	-	-	SYM
emaj-175	259	25	14	14	NUM
emaj-175	259	26	october	october	PROPN
emaj-175	259	27	,	,	PUNCT
emaj-175	259	28	bilecikturkey	bilecikturkey	ADJ
emaj-175	259	29	.	.	PUNCT
emaj-175	260	1	pedersen	pedersen	PROPN
emaj-175	260	2	,	,	PUNCT
emaj-175	260	3	k.	k.	PROPN
emaj-175	260	4	(	(	PUNCT
emaj-175	260	5	2003	2003	NUM
emaj-175	260	6	)	)	PUNCT
emaj-175	260	7	.	.	PUNCT
emaj-175	261	1	the	the	DET
emaj-175	261	2	eclectic	eclectic	ADJ
emaj-175	261	3	paradigm	paradigm	NOUN
emaj-175	261	4	:	:	PUNCT
emaj-175	261	5	a	a	DET
emaj-175	261	6	new	new	ADJ
emaj-175	261	7	deal	deal	NOUN
emaj-175	261	8	?	?	PUNCT
emaj-175	261	9	,	,	PUNCT
emaj-175	261	10	journal	journal	NOUN
emaj-175	261	11	of	of	ADP
emaj-175	261	12	international	international	ADJ
emaj-175	261	13	business	business	NOUN
emaj-175	261	14	and	and	CCONJ
emaj-175	261	15	economy	economy	NOUN
emaj-175	261	16	,	,	PUNCT
emaj-175	261	17	4(1	4(1	NOUN
emaj-175	261	18	)	)	PUNCT
emaj-175	261	19	,	,	PUNCT
emaj-175	261	20	15	15	NUM
emaj-175	261	21	-	-	SYM
emaj-175	261	22	27	27	NUM
emaj-175	261	23	.	.	PUNCT
emaj-175	262	1	liargovas	liargovas	PROPN
emaj-175	262	2	,	,	PUNCT
emaj-175	262	3	p.g	p.g	PROPN
emaj-175	262	4	.	.	PROPN
emaj-175	262	5	&	&	CCONJ
emaj-175	262	6	skandalis	skandalis	PROPN
emaj-175	262	7	,	,	PUNCT
emaj-175	262	8	k.s	k.s	PROPN
emaj-175	262	9	.	.	PROPN
emaj-175	262	10	(	(	PUNCT
emaj-175	262	11	2011	2011	NUM
emaj-175	262	12	)	)	PUNCT
emaj-175	262	13	.	.	PUNCT
emaj-175	263	1	foreign	foreign	ADJ
emaj-175	263	2	direct	direct	ADJ
emaj-175	263	3	investment	investment	NOUN
emaj-175	263	4	and	and	CCONJ
emaj-175	263	5	trade	trade	NOUN
emaj-175	263	6	openness	openness	NOUN
emaj-175	263	7	:	:	PUNCT
emaj-175	263	8	the	the	DET
emaj-175	263	9	case	case	NOUN
emaj-175	263	10	of	of	ADP
emaj-175	263	11	developing	develop	VERB
emaj-175	263	12	economies	economy	NOUN
emaj-175	263	13	,	,	PUNCT
emaj-175	263	14	social	social	ADJ
emaj-175	263	15	indicators	indicator	NOUN
emaj-175	263	16	research	research	NOUN
emaj-175	263	17	,	,	PUNCT
emaj-175	263	18	106	106	NUM
emaj-175	263	19	(	(	PUNCT
emaj-175	263	20	2	2	NUM
emaj-175	263	21	)	)	PUNCT
emaj-175	263	22	,	,	PUNCT
emaj-175	263	23	323	323	NUM
emaj-175	263	24	-	-	SYM
emaj-175	263	25	331	331	NUM
emaj-175	263	26	.	.	PUNCT
emaj-175	264	1	neumayer	neumayer	PROPN
emaj-175	264	2	,	,	PUNCT
emaj-175	264	3	e.	e.	PROPN
emaj-175	264	4	and	and	CCONJ
emaj-175	264	5	de	de	PROPN
emaj-175	264	6	soysa	soysa	PROPN
emaj-175	264	7	,	,	PUNCT
emaj-175	264	8	i.	i.	NOUN
emaj-175	264	9	(	(	PUNCT
emaj-175	264	10	2005	2005	NUM
emaj-175	264	11	)	)	PUNCT
emaj-175	264	12	.	.	PUNCT
emaj-175	265	1	trade	trade	NOUN
emaj-175	265	2	openness	openness	NOUN
emaj-175	265	3	,	,	PUNCT
emaj-175	265	4	foreign	foreign	ADJ
emaj-175	265	5	direct	direct	ADJ
emaj-175	265	6	investment	investment	NOUN
emaj-175	265	7	and	and	CCONJ
emaj-175	265	8	child	child	NOUN
emaj-175	265	9	labour	labour	NOUN
emaj-175	265	10	,	,	PUNCT
emaj-175	265	11	world	world	NOUN
emaj-175	265	12	development	development	NOUN
emaj-175	265	13	,	,	PUNCT
emaj-175	265	14	33(1	33(1	NUM
emaj-175	265	15	)	)	PUNCT
emaj-175	265	16	,	,	PUNCT
emaj-175	265	17	43	43	NUM
emaj-175	265	18	-	-	SYM
emaj-175	265	19	63	63	NUM
emaj-175	265	20	.	.	PUNCT
emaj-175	266	1	onyeiwu	onyeiwu	PROPN
emaj-175	266	2	,	,	PUNCT
emaj-175	266	3	s.	s.	PROPN
emaj-175	266	4	&	&	CCONJ
emaj-175	266	5	shrestha	shrestha	PROPN
emaj-175	266	6	,	,	PUNCT
emaj-175	266	7	h.	h.	PROPN
emaj-175	266	8	(	(	PUNCT
emaj-175	266	9	2004	2004	NUM
emaj-175	266	10	)	)	PUNCT
emaj-175	266	11	.	.	PUNCT
emaj-175	267	1	determinants	determinant	NOUN
emaj-175	267	2	of	of	ADP
emaj-175	267	3	foreign	foreign	ADJ
emaj-175	267	4	direct	direct	ADJ
emaj-175	267	5	investment	investment	NOUN
emaj-175	267	6	in	in	ADP
emaj-175	267	7	africa	africa	PROPN
emaj-175	267	8	,	,	PUNCT
emaj-175	267	9	journal	journal	NOUN
emaj-175	267	10	of	of	ADP
emaj-175	267	11	developing	develop	VERB
emaj-175	267	12	societies	society	NOUN
emaj-175	267	13	,	,	PUNCT
emaj-175	267	14	20(1	20(1	NUM
emaj-175	267	15	-	-	SYM
emaj-175	267	16	2	2	NUM
emaj-175	267	17	)	)	PUNCT
emaj-175	267	18	,	,	PUNCT
emaj-175	267	19	89	89	NUM
emaj-175	267	20	-	-	SYM
emaj-175	267	21	106	106	NUM
emaj-175	267	22	.	.	PUNCT
emaj-175	268	1	pesaran	pesaran	VERB
emaj-175	268	2	,	,	PUNCT
emaj-175	268	3	m.	m.	NOUN
emaj-175	268	4	(	(	PUNCT
emaj-175	268	5	2004	2004	NUM
emaj-175	268	6	)	)	PUNCT
emaj-175	268	7	.	.	PUNCT
emaj-175	269	1	general	general	ADJ
emaj-175	269	2	diagnostic	diagnostic	ADJ
emaj-175	269	3	tests	test	NOUN
emaj-175	269	4	for	for	ADP
emaj-175	269	5	corss	corss	NOUN
emaj-175	269	6	section	section	NOUN
emaj-175	269	7	dependence	dependence	NOUN
emaj-175	269	8	in	in	ADP
emaj-175	269	9	panels	panel	NOUN
emaj-175	269	10	.	.	PUNCT
emaj-175	270	1	iza	iza	PROPN
emaj-175	270	2	discussion	discussion	PROPN
emaj-175	270	3	paper	paper	NOUN
emaj-175	270	4	,	,	PUNCT
emaj-175	270	5	1240	1240	NUM
emaj-175	270	6	.	.	PUNCT
emaj-175	271	1	seim	seim	PROPN
emaj-175	271	2	,	,	PUNCT
emaj-175	271	3	l.	l.	PROPN
emaj-175	271	4	t.	t.	PROPN
emaj-175	271	5	(	(	PUNCT
emaj-175	271	6	2009	2009	NUM
emaj-175	271	7	)	)	PUNCT
emaj-175	271	8	.	.	PUNCT
emaj-175	272	1	fdi	fdi	NOUN
emaj-175	272	2	and	and	CCONJ
emaj-175	272	3	openness	openness	NOUN
emaj-175	272	4	:	:	PUNCT
emaj-175	272	5	differences	difference	NOUN
emaj-175	272	6	in	in	ADP
emaj-175	272	7	response	response	NOUN
emaj-175	272	8	across	across	ADP
emaj-175	272	9	countries	country	NOUN
emaj-175	272	10	.	.	PUNCT
emaj-175	273	1	chr	chr	PROPN
emaj-175	273	2	.	.	PROPN
emaj-175	273	3	michelsen	michelsen	PROPN
emaj-175	273	4	institute	institute	PROPN
emaj-175	273	5	,	,	PUNCT
emaj-175	273	6	working	working	NOUN
emaj-175	273	7	paper	paper	NOUN
emaj-175	273	8	.	.	PUNCT
emaj-175	274	1	shah	shah	NOUN
emaj-175	274	2	,	,	PUNCT
emaj-175	274	3	m.	m.	NOUN
emaj-175	274	4	h.	h.	PROPN
emaj-175	274	5	(	(	PUNCT
emaj-175	274	6	2016	2016	NUM
emaj-175	274	7	)	)	PUNCT
emaj-175	274	8	.	.	PUNCT
emaj-175	275	1	financial	financial	ADJ
emaj-175	275	2	development	development	NOUN
emaj-175	275	3	and	and	CCONJ
emaj-175	275	4	foreign	foreign	ADJ
emaj-175	275	5	direct	direct	ADJ
emaj-175	275	6	investment	investment	NOUN
emaj-175	275	7	:	:	PUNCT
emaj-175	275	8	the	the	DET
emaj-175	275	9	case	case	NOUN
emaj-175	275	10	of	of	ADP
emaj-175	275	11	middle	middle	PROPN
emaj-175	275	12	east	east	PROPN
emaj-175	275	13	and	and	CCONJ
emaj-175	275	14	north	north	ADJ
emaj-175	275	15	african	african	ADJ
emaj-175	275	16	(	(	PUNCT
emaj-175	275	17	mena	mena	NOUN
emaj-175	275	18	)	)	PUNCT
emaj-175	275	19	developing	develop	VERB
emaj-175	275	20	nations	nation	NOUN
emaj-175	275	21	,	,	PUNCT
emaj-175	275	22	mpra	mpra	PROPN
emaj-175	275	23	paper	paper	PROPN
emaj-175	275	24	no	no	PROPN
emaj-175	275	25	.	.	PROPN
emaj-175	275	26	82013	82013	NUM
emaj-175	275	27	.	.	PUNCT
emaj-175	276	1	sichei	sichei	NOUN
emaj-175	276	2	,	,	PUNCT
emaj-175	276	3	m.	m.	NOUN
emaj-175	276	4	m.	m.	PROPN
emaj-175	276	5	&	&	CCONJ
emaj-175	276	6	kinyondo	kinyondo	PROPN
emaj-175	276	7	,	,	PUNCT
emaj-175	276	8	g.	g.	PROPN
emaj-175	276	9	(	(	PUNCT
emaj-175	276	10	2012	2012	NUM
emaj-175	276	11	)	)	PUNCT
emaj-175	276	12	.	.	PUNCT
emaj-175	277	1	determinants	determinant	NOUN
emaj-175	277	2	of	of	ADP
emaj-175	277	3	foreign	foreign	ADJ
emaj-175	277	4	direct	direct	ADJ
emaj-175	277	5	investment	investment	NOUN
emaj-175	277	6	in	in	ADP
emaj-175	277	7	africa	africa	PROPN
emaj-175	277	8	:	:	PUNCT
emaj-175	277	9	a	a	DET
emaj-175	277	10	panel	panel	NOUN
emaj-175	277	11	data	data	VERB
emaj-175	277	12	analysis	analysis	NOUN
emaj-175	277	13	,	,	PUNCT
emaj-175	277	14	global	global	ADJ
emaj-175	277	15	journal	journal	NOUN
emaj-175	277	16	of	of	ADP
emaj-175	277	17	management	management	NOUN
emaj-175	277	18	and	and	CCONJ
emaj-175	277	19	business	business	NOUN
emaj-175	277	20	research	research	NOUN
emaj-175	277	21	,	,	PUNCT
emaj-175	277	22	12(18	12(18	NUM
emaj-175	277	23	)	)	PUNCT
emaj-175	277	24	,	,	PUNCT
emaj-175	277	25	85	85	NUM
emaj-175	277	26	-	-	SYM
emaj-175	277	27	97	97	NUM
emaj-175	277	28	.	.	PUNCT
emaj-175	278	1	tampakoudis	tampakoudis	PROPN
emaj-175	278	2	,	,	PUNCT
emaj-175	278	3	i.	i.	PROPN
emaj-175	278	4	a.	a.	PROPN
emaj-175	278	5	,	,	PUNCT
emaj-175	278	6	subeniotis	subeniotis	PROPN
emaj-175	278	7	,	,	PUNCT
emaj-175	278	8	d.	d.	PROPN
emaj-175	278	9	n.	n.	PROPN
emaj-175	278	10	,	,	PUNCT
emaj-175	278	11	kroustalis	kroustalis	PROPN
emaj-175	278	12	,	,	PUNCT
emaj-175	278	13	i.	i.	PROPN
emaj-175	278	14	g.	g.	PROPN
emaj-175	278	15	&	&	CCONJ
emaj-175	278	16	skouloudakis	skouloudakis	PROPN
emaj-175	278	17	,	,	PUNCT
emaj-175	278	18	m.	m.	NOUN
emaj-175	278	19	i.	i.	PROPN
emaj-175	278	20	(	(	PUNCT
emaj-175	278	21	2017	2017	NUM
emaj-175	278	22	)	)	PUNCT
emaj-175	278	23	.	.	PUNCT
emaj-175	279	1	determinants	determinant	NOUN
emaj-175	279	2	of	of	ADP
emaj-175	279	3	foreign	foreign	ADJ
emaj-175	279	4	direct	direct	ADJ
emaj-175	279	5	investment	investment	NOUN
emaj-175	279	6	in	in	ADP
emaj-175	279	7	middle	middle	ADJ
emaj-175	279	8	-	-	PUNCT
emaj-175	279	9	income	income	NOUN
emaj-175	279	10	countries	country	NOUN
emaj-175	279	11	:	:	PUNCT
emaj-175	279	12	new	new	ADJ
emaj-175	279	13	middle	middle	ADJ
emaj-175	279	14	-	-	PUNCT
emaj-175	279	15	income	income	NOUN
emaj-175	279	16	trap	trap	NOUN
emaj-175	279	17	evidence	evidence	NOUN
emaj-175	279	18	,	,	PUNCT
emaj-175	279	19	mediterranean	mediterranean	PROPN
emaj-175	279	20	journal	journal	PROPN
emaj-175	279	21	of	of	ADP
emaj-175	279	22	social	social	ADJ
emaj-175	279	23	sciences	science	NOUN
emaj-175	279	24	,	,	PUNCT
emaj-175	279	25	8(1	8(1	NOUN
emaj-175	279	26	)	)	PUNCT
emaj-175	279	27	,	,	PUNCT
emaj-175	279	28	58	58	NUM
emaj-175	279	29	-	-	SYM
emaj-175	279	30	70	70	NUM
emaj-175	279	31	.	.	PUNCT
emaj-175	280	1	udoh	udoh	PROPN
emaj-175	280	2	,	,	PUNCT
emaj-175	280	3	e.	e.	PROPN
emaj-175	280	4	,	,	PUNCT
emaj-175	280	5	&	&	CCONJ
emaj-175	280	6	egwaikhide	egwaikhide	PROPN
emaj-175	280	7	,	,	PUNCT
emaj-175	280	8	f.	f.	PROPN
emaj-175	280	9	o.	o.	PROPN
emaj-175	280	10	(	(	PUNCT
emaj-175	280	11	2008	2008	NUM
emaj-175	280	12	)	)	PUNCT
emaj-175	280	13	.	.	PUNCT
emaj-175	281	1	exchange	exchange	NOUN
emaj-175	281	2	rate	rate	NOUN
emaj-175	281	3	volatility	volatility	NOUN
emaj-175	281	4	,	,	PUNCT
emaj-175	281	5	inflation	inflation	NOUN
emaj-175	281	6	uncertainty	uncertainty	NOUN
emaj-175	281	7	and	and	CCONJ
emaj-175	281	8	foreign	foreign	ADJ
emaj-175	281	9	direct	direct	ADJ
emaj-175	281	10	investment	investment	NOUN
emaj-175	281	11	in	in	ADP
emaj-175	281	12	nigeria	nigeria	PROPN
emaj-175	281	13	,	,	PUNCT
emaj-175	281	14	botswana	botswana	PROPN
emaj-175	281	15	journal	journal	PROPN
emaj-175	281	16	of	of	ADP
emaj-175	281	17	economics	economic	NOUN
emaj-175	281	18	,	,	PUNCT
emaj-175	281	19	5(7	5(7	NUM
emaj-175	281	20	)	)	PUNCT
emaj-175	281	21	,	,	PUNCT
emaj-175	281	22	14–31	14–31	NUM
emaj-175	281	23	.	.	PUNCT
emaj-175	281	24	unctad	unctad	PROPN
emaj-175	281	25	(	(	PUNCT
emaj-175	281	26	2019	2019	NUM
emaj-175	281	27	)	)	PUNCT
emaj-175	281	28	.	.	PUNCT
emaj-175	282	1	world	world	NOUN
emaj-175	282	2	investment	investment	NOUN
emaj-175	282	3	report	report	NOUN
emaj-175	282	4	,	,	PUNCT
emaj-175	282	5	chapter	chapter	NOUN
emaj-175	282	6	iv	iv	NUM
emaj-175	282	7	special	special	ADJ
emaj-175	282	8	economic	economic	ADJ
emaj-175	282	9	zones	zone	NOUN
emaj-175	282	10	.	.	PUNCT
emaj-175	283	1	unctad	unctad	PROPN
emaj-175	283	2	(	(	PUNCT
emaj-175	283	3	1998	1998	NUM
emaj-175	283	4	)	)	PUNCT
emaj-175	283	5	.	.	PUNCT
emaj-175	284	1	world	world	NOUN
emaj-175	284	2	investment	investment	NOUN
emaj-175	284	3	report	report	NOUN
emaj-175	284	4	trends	trend	NOUN
emaj-175	284	5	and	and	CCONJ
emaj-175	284	6	determinants	determinant	NOUN
emaj-175	284	7	.	.	PUNCT
emaj-175	285	1	uneca	uneca	PROPN
emaj-175	285	2	united	united	PROPN
emaj-175	285	3	nations	nations	PROPN
emaj-175	285	4	economic	economic	PROPN
emaj-175	285	5	commission	commission	PROPN
emaj-175	285	6	for	for	ADP
emaj-175	285	7	africa	africa	PROPN
emaj-175	285	8	(	(	PUNCT
emaj-175	285	9	2016	2016	NUM
emaj-175	285	10	)	)	PUNCT
emaj-175	285	11	.	.	PUNCT
emaj-175	286	1	investment	investment	NOUN
emaj-175	286	2	policies	policy	NOUN
emaj-175	286	3	and	and	CCONJ
emaj-175	286	4	bilateral	bilateral	ADJ
emaj-175	286	5	investment	investment	NOUN
emaj-175	286	6	treaties	treaty	NOUN
emaj-175	286	7	in	in	ADP
emaj-175	286	8	africa	africa	PROPN
emaj-175	286	9	:	:	PUNCT
emaj-175	286	10	implications	implication	NOUN
emaj-175	286	11	for	for	ADP
emaj-175	286	12	regional	regional	ADJ
emaj-175	286	13	integration	integration	NOUN
emaj-175	286	14	,	,	PUNCT
emaj-175	286	15	addis	addis	PROPN
emaj-175	286	16	ababa	ababa	PROPN
emaj-175	286	17	,	,	PUNCT
emaj-175	286	18	ethiopia	ethiopia	PROPN
emaj-175	286	19	.	.	PUNCT
emaj-175	286	20	vernon	vernon	PROPN
emaj-175	286	21	,	,	PUNCT
emaj-175	286	22	r.	r.	PROPN
emaj-175	286	23	(	(	PUNCT
emaj-175	286	24	1966	1966	NUM
emaj-175	286	25	)	)	PUNCT
emaj-175	286	26	.	.	PUNCT
emaj-175	287	1	international	international	ADJ
emaj-175	287	2	investment	investment	NOUN
emaj-175	287	3	and	and	CCONJ
emaj-175	287	4	international	international	ADJ
emaj-175	287	5	trade	trade	NOUN
emaj-175	287	6	in	in	ADP
emaj-175	287	7	the	the	DET
emaj-175	287	8	product	product	NOUN
emaj-175	287	9	cycle	cycle	NOUN
emaj-175	287	10	,	,	PUNCT
emaj-175	287	11	quarterly	quarterly	ADJ
emaj-175	287	12	journal	journal	NOUN
emaj-175	287	13	of	of	ADP
emaj-175	287	14	economics	economic	NOUN
emaj-175	287	15	,	,	PUNCT
emaj-175	287	16	80(2	80(2	NUM
emaj-175	287	17	)	)	PUNCT
emaj-175	287	18	,	,	PUNCT
emaj-175	287	19	190195	190195	NUM
emaj-175	287	20	.	.	PUNCT
emaj-175	288	1	wadhwa	wadhwa	PROPN
emaj-175	288	2	,	,	PUNCT
emaj-175	288	3	k.	k.	PROPN
emaj-175	288	4	,	,	PUNCT
emaj-175	288	5	&	&	CCONJ
emaj-175	288	6	reddy	reddy	PROPN
emaj-175	288	7	,	,	PUNCT
emaj-175	288	8	s.	s.	PROPN
emaj-175	288	9	(	(	PUNCT
emaj-175	288	10	2011	2011	NUM
emaj-175	288	11	)	)	PUNCT
emaj-175	288	12	.	.	PUNCT
emaj-175	289	1	foreign	foreign	ADJ
emaj-175	289	2	direct	direct	ADJ
emaj-175	289	3	investment	investment	NOUN
emaj-175	289	4	into	into	ADP
emaj-175	289	5	developing	develop	VERB
emaj-175	289	6	asian	asian	ADJ
emaj-175	289	7	countries	country	NOUN
emaj-175	289	8	:	:	PUNCT
emaj-175	289	9	the	the	DET
emaj-175	289	10	role	role	NOUN
emaj-175	289	11	of	of	ADP
emaj-175	289	12	market	market	NOUN
emaj-175	289	13	seeking	seeking	NOUN
emaj-175	289	14	,	,	PUNCT
emaj-175	289	15	resource	resource	NOUN
emaj-175	289	16	seeking	seeking	NOUN
emaj-175	289	17	and	and	CCONJ
emaj-175	289	18	efficiency	efficiency	NOUN
emaj-175	289	19	seeking	seek	VERB
emaj-175	289	20	factors	factor	NOUN
emaj-175	289	21	,	,	PUNCT
emaj-175	289	22	international	international	ADJ
emaj-175	289	23	journal	journal	NOUN
emaj-175	289	24	of	of	ADP
emaj-175	289	25	business	business	NOUN
emaj-175	289	26	management	management	NOUN
emaj-175	289	27	,	,	PUNCT
emaj-175	289	28	6(11	6(11	NUM
emaj-175	289	29	)	)	PUNCT
emaj-175	289	30	,	,	PUNCT
emaj-175	289	31	219	219	NUM
emaj-175	289	32	–	–	PUNCT
emaj-175	289	33	226	226	NUM
emaj-175	289	34	.	.	PUNCT