id	sid	tid	token	lemma	pos
esutjss-269	1	1	volume	volume	NOUN
esutjss-269	1	2	10	10	NUM
esutjss-269	1	3	number	number	NOUN
esutjss-269	1	4	1	1	NUM
esutjss-269	1	5	,	,	PUNCT
esutjss-269	1	6	2025	2025	NUM
esutjss-269	1	7	faculty	faculty	NOUN
esutjss-269	1	8	of	of	ADP
esutjss-269	1	9	social	social	ADJ
esutjss-269	1	10	sciences	science	NOUN
esutjss-269	1	11	,	,	PUNCT
esutjss-269	1	12	enugu	enugu	PROPN
esutjss-269	1	13	state	state	PROPN
esutjss-269	1	14	university	university	PROPN
esutjss-269	1	15	of	of	ADP
esutjss-269	1	16	science	science	NOUN
esutjss-269	1	17	and	and	CCONJ
esutjss-269	1	18	technology	technology	NOUN
esutjss-269	1	19	editor	editor	NOUN
esutjss-269	1	20	-	-	PUNCT
esutjss-269	1	21	in	in	ADP
esutjss-269	1	22	-	-	PUNCT
esutjss-269	1	23	chief	chief	NOUN
esutjss-269	1	24	prof	prof	NOUN
esutjss-269	1	25	.	.	PUNCT
esutjss-269	2	1	nicholas	nicholas	PROPN
esutjss-269	2	2	attamah	attamah	VERB
esutjss-269	2	3	managing	manage	VERB
esutjss-269	2	4	editor	editor	NOUN
esutjss-269	2	5	prof	prof	PROPN
esutjss-269	2	6	.	.	PUNCT
esutjss-269	3	1	barnabas	barnabas	PROPN
esutjss-269	3	2	nwankwo	nwankwo	PROPN
esutjss-269	3	3	published	publish	VERB
esutjss-269	3	4	by	by	ADP
esutjss-269	3	5	enugu	enugu	PROPN
esutjss-269	3	6	state	state	PROPN
esutjss-269	3	7	university	university	PROPN
esutjss-269	3	8	of	of	ADP
esutjss-269	3	9	science	science	PROPN
esutjss-269	3	10	&	&	CCONJ
esutjss-269	3	11	technology	technology	PROPN
esutjss-269	3	12	journal	journal	NOUN
esutjss-269	3	13	of	of	ADP
esutjss-269	3	14	social	social	PROPN
esutjss-269	3	15	sciences	sciences	PROPN
esutjss-269	3	16	&	&	CCONJ
esutjss-269	3	17	humanities	humanity	NOUN
esutjss-269	3	18	81	81	NUM
esutjss-269	3	19	external	external	ADJ
esutjss-269	3	20	debt	debt	NOUN
esutjss-269	3	21	sustainability	sustainability	NOUN
esutjss-269	3	22	and	and	CCONJ
esutjss-269	3	23	economic	economic	ADJ
esutjss-269	3	24	growth	growth	NOUN
esutjss-269	3	25	nexus	nexus	NOUN
esutjss-269	3	26	in	in	ADP
esutjss-269	3	27	nigeria	nigeria	PROPN
esutjss-269	3	28	:	:	PUNCT
esutjss-269	3	29	a	a	DET
esutjss-269	3	30	co	co	NOUN
esutjss-269	3	31	-	-	NOUN
esutjss-269	3	32	integration	integration	NOUN
esutjss-269	3	33	and	and	CCONJ
esutjss-269	3	34	causality	causality	NOUN
esutjss-269	3	35	analysis	analysis	NOUN
esutjss-269	3	36	anyanwu	anyanwu	ADJ
esutjss-269	3	37	uchenna	uchenna	NOUN
esutjss-269	3	38	,	,	PUNCT
esutjss-269	3	39	n1	n1	PROPN
esutjss-269	3	40	madubuike	madubuike	ADJ
esutjss-269	3	41	,	,	PUNCT
esutjss-269	3	42	kenneth	kenneth	PROPN
esutjss-269	3	43	,	,	PUNCT
esutjss-269	3	44	o2	o2	PROPN
esutjss-269	3	45	anaenugwu	anaenugwu	PROPN
esutjss-269	3	46	,	,	PUNCT
esutjss-269	3	47	n.	n.	PROPN
esutjss-269	3	48	v.3	v.3	PROPN
esutjss-269	4	1	kalu	kalu	PROPN
esutjss-269	4	2	chris	chris	PROPN
esutjss-269	4	3	u.1	u.1	PROPN
esutjss-269	4	4	,	,	PUNCT
esutjss-269	4	5	4	4	NUM
esutjss-269	4	6	1department	1department	NUM
esutjss-269	4	7	of	of	ADP
esutjss-269	4	8	economics	economic	NOUN
esutjss-269	4	9	,	,	PUNCT
esutjss-269	4	10	nnamdi	nnamdi	PROPN
esutjss-269	4	11	azikiwe	azikiwe	PROPN
esutjss-269	4	12	university	university	PROPN
esutjss-269	4	13	,	,	PUNCT
esutjss-269	4	14	awka	awka	ADJ
esutjss-269	5	1	2department	2department	NUM
esutjss-269	5	2	of	of	ADP
esutjss-269	5	3	economics	economic	NOUN
esutjss-269	5	4	,	,	PUNCT
esutjss-269	5	5	evangel	evangel	PROPN
esutjss-269	5	6	university	university	PROPN
esutjss-269	5	7	,	,	PUNCT
esutjss-269	5	8	akaeze	akaeze	ADJ
esutjss-269	5	9	,	,	PUNCT
esutjss-269	5	10	ebonyi	ebonyi	PROPN
esutjss-269	5	11	state	state	PROPN
esutjss-269	5	12	3department	3department	PROPN
esutjss-269	5	13	of	of	ADP
esutjss-269	5	14	economics	economic	NOUN
esutjss-269	5	15	,	,	PUNCT
esutjss-269	5	16	nnamdi	nnamdi	PROPN
esutjss-269	5	17	azikiwe	azikiwe	PROPN
esutjss-269	5	18	university	university	PROPN
esutjss-269	5	19	,	,	PUNCT
esutjss-269	5	20	awka	awka	ADJ
esutjss-269	5	21	1,4	1,4	NUM
esutjss-269	5	22	department	department	NOUN
esutjss-269	5	23	of	of	ADP
esutjss-269	5	24	economics	economic	NOUN
esutjss-269	5	25	,	,	PUNCT
esutjss-269	5	26	nnamdi	nnamdi	PROPN
esutjss-269	5	27	azikiwe	azikiwe	PROPN
esutjss-269	5	28	university	university	PROPN
esutjss-269	5	29	,	,	PUNCT
esutjss-269	5	30	awka	awka	NOUN
esutjss-269	5	31	&	&	CCONJ
esutjss-269	5	32	cowry	cowry	ADJ
esutjss-269	5	33	asset	asset	NOUN
esutjss-269	5	34	management	management	NOUN
esutjss-269	5	35	limited	limit	VERB
esutjss-269	5	36	,	,	PUNCT
esutjss-269	5	37	plot	plot	NOUN
esutjss-269	5	38	1319	1319	NUM
esutjss-269	5	39	karimu	karimu	ADJ
esutjss-269	5	40	kotun	kotun	PROPN
esutjss-269	5	41	street	street	PROPN
esutjss-269	5	42	,	,	PUNCT
esutjss-269	5	43	victoria	victoria	PROPN
esutjss-269	5	44	island	island	PROPN
esutjss-269	5	45	,	,	PUNCT
esutjss-269	5	46	lagos	lago	NOUN
esutjss-269	5	47	abstract	abstract	ADJ
esutjss-269	5	48	high	high	ADJ
esutjss-269	5	49	debt	debt	NOUN
esutjss-269	5	50	burdens	burden	NOUN
esutjss-269	5	51	can	can	AUX
esutjss-269	5	52	stifle	stifle	VERB
esutjss-269	5	53	investment	investment	NOUN
esutjss-269	5	54	and	and	CCONJ
esutjss-269	5	55	growth	growth	NOUN
esutjss-269	5	56	,	,	PUNCT
esutjss-269	5	57	while	while	SCONJ
esutjss-269	5	58	responsible	responsible	ADJ
esutjss-269	5	59	debt	debt	NOUN
esutjss-269	5	60	management	management	NOUN
esutjss-269	5	61	can	can	AUX
esutjss-269	5	62	support	support	VERB
esutjss-269	5	63	productive	productive	ADJ
esutjss-269	5	64	spending	spending	NOUN
esutjss-269	5	65	and	and	CCONJ
esutjss-269	5	66	development	development	NOUN
esutjss-269	5	67	.	.	PUNCT
esutjss-269	6	1	this	this	DET
esutjss-269	6	2	paper	paper	NOUN
esutjss-269	6	3	examined	examine	VERB
esutjss-269	6	4	the	the	DET
esutjss-269	6	5	impact	impact	NOUN
esutjss-269	6	6	of	of	ADP
esutjss-269	6	7	debt	debt	NOUN
esutjss-269	6	8	sustainability	sustainability	NOUN
esutjss-269	6	9	on	on	ADP
esutjss-269	6	10	economic	economic	ADJ
esutjss-269	6	11	growth	growth	NOUN
esutjss-269	6	12	in	in	ADP
esutjss-269	6	13	nigeria	nigeria	PROPN
esutjss-269	6	14	from	from	ADP
esutjss-269	6	15	1986	1986	NUM
esutjss-269	6	16	to	to	ADP
esutjss-269	6	17	2024	2024	NUM
esutjss-269	6	18	using	use	VERB
esutjss-269	6	19	the	the	DET
esutjss-269	6	20	co	co	NOUN
esutjss-269	6	21	-	-	NOUN
esutjss-269	6	22	integration	integration	NOUN
esutjss-269	6	23	and	and	CCONJ
esutjss-269	6	24	pairwise	pairwise	NOUN
esutjss-269	6	25	granger	granger	NOUN
esutjss-269	6	26	causality	causality	NOUN
esutjss-269	6	27	techniques	technique	NOUN
esutjss-269	6	28	.	.	PUNCT
esutjss-269	7	1	the	the	DET
esutjss-269	7	2	variables	variable	NOUN
esutjss-269	7	3	of	of	ADP
esutjss-269	7	4	this	this	DET
esutjss-269	7	5	paper	paper	NOUN
esutjss-269	7	6	are	be	AUX
esutjss-269	7	7	real	real	ADJ
esutjss-269	7	8	gdp	gdp	NOUN
esutjss-269	7	9	;	;	PUNCT
esutjss-269	7	10	debt	debt	NOUN
esutjss-269	7	11	-	-	PUNCT
esutjss-269	7	12	to	to	ADP
esutjss-269	7	13	gdp	gdp	NOUN
esutjss-269	7	14	ratio	ratio	NOUN
esutjss-269	7	15	,	,	PUNCT
esutjss-269	7	16	debt	debt	NOUN
esutjss-269	7	17	-	-	PUNCT
esutjss-269	7	18	to	to	ADP
esutjss-269	7	19	-	-	PUNCT
esutjss-269	7	20	service	service	NOUN
esutjss-269	7	21	ratio	ratio	NOUN
esutjss-269	7	22	,	,	PUNCT
esutjss-269	7	23	monetary	monetary	ADJ
esutjss-269	7	24	policy	policy	NOUN
esutjss-269	7	25	rate	rate	NOUN
esutjss-269	7	26	,	,	PUNCT
esutjss-269	7	27	and	and	CCONJ
esutjss-269	7	28	government	government	NOUN
esutjss-269	7	29	expenditure	expenditure	NOUN
esutjss-269	7	30	on	on	ADP
esutjss-269	7	31	the	the	DET
esutjss-269	7	32	theoretical	theoretical	ADJ
esutjss-269	7	33	frameworks	framework	NOUN
esutjss-269	7	34	of	of	ADP
esutjss-269	7	35	the	the	DET
esutjss-269	7	36	exogenous	exogenous	ADJ
esutjss-269	7	37	growth	growth	NOUN
esutjss-269	7	38	theory	theory	NOUN
esutjss-269	7	39	and	and	CCONJ
esutjss-269	7	40	the	the	DET
esutjss-269	7	41	debt	debt	NOUN
esutjss-269	7	42	overhang	overhang	NOUN
esutjss-269	7	43	hypothesis	hypothesis	NOUN
esutjss-269	7	44	.	.	PUNCT
esutjss-269	8	1	the	the	DET
esutjss-269	8	2	data	datum	NOUN
esutjss-269	8	3	for	for	ADP
esutjss-269	8	4	the	the	DET
esutjss-269	8	5	variables	variable	NOUN
esutjss-269	8	6	were	be	AUX
esutjss-269	8	7	sourced	source	VERB
esutjss-269	8	8	from	from	ADP
esutjss-269	8	9	the	the	DET
esutjss-269	8	10	central	central	ADJ
esutjss-269	8	11	bank	bank	PROPN
esutjss-269	8	12	of	of	ADP
esutjss-269	8	13	nigeria	nigeria	PROPN
esutjss-269	8	14	statistical	statistical	ADJ
esutjss-269	8	15	bulletin	bulletin	NOUN
esutjss-269	8	16	and	and	CCONJ
esutjss-269	8	17	the	the	DET
esutjss-269	8	18	debt	debt	NOUN
esutjss-269	8	19	management	management	NOUN
esutjss-269	8	20	office	office	NOUN
esutjss-269	8	21	(	(	PUNCT
esutjss-269	8	22	dmo	dmo	PROPN
esutjss-269	8	23	)	)	PUNCT
esutjss-269	8	24	.	.	PUNCT
esutjss-269	9	1	the	the	DET
esutjss-269	9	2	results	result	NOUN
esutjss-269	9	3	show	show	VERB
esutjss-269	9	4	that	that	SCONJ
esutjss-269	9	5	debt	debt	NOUN
esutjss-269	9	6	-	-	PUNCT
esutjss-269	9	7	to	to	ADP
esutjss-269	9	8	-	-	PUNCT
esutjss-269	9	9	gdp	gdp	NOUN
esutjss-269	9	10	ratio	ratio	NOUN
esutjss-269	9	11	had	have	VERB
esutjss-269	9	12	a	a	DET
esutjss-269	9	13	negative	negative	ADJ
esutjss-269	9	14	(	(	PUNCT
esutjss-269	9	15	-0.000206	-0.000206	NOUN
esutjss-269	9	16	)	)	PUNCT
esutjss-269	9	17	and	and	CCONJ
esutjss-269	9	18	insignificant	insignificant	ADJ
esutjss-269	9	19	(	(	PUNCT
esutjss-269	9	20	-0.688940	-0.688940	ADJ
esutjss-269	9	21	)	)	PUNCT
esutjss-269	9	22	relationship	relationship	NOUN
esutjss-269	9	23	with	with	ADP
esutjss-269	9	24	economic	economic	ADJ
esutjss-269	9	25	growth	growth	NOUN
esutjss-269	9	26	;	;	PUNCT
esutjss-269	9	27	debt	debt	NOUN
esutjss-269	9	28	-	-	PUNCT
esutjss-269	9	29	to	to	ADP
esutjss-269	9	30	-	-	PUNCT
esutjss-269	9	31	service	service	NOUN
esutjss-269	9	32	ratio	ratio	NOUN
esutjss-269	9	33	had	have	VERB
esutjss-269	9	34	a	a	DET
esutjss-269	9	35	negative	negative	ADJ
esutjss-269	9	36	(	(	PUNCT
esutjss-269	9	37	-0.001716	-0.001716	NOUN
esutjss-269	9	38	)	)	PUNCT
esutjss-269	9	39	and	and	CCONJ
esutjss-269	9	40	insignificant	insignificant	ADJ
esutjss-269	9	41	(	(	PUNCT
esutjss-269	9	42	-0.342420	-0.342420	NOUN
esutjss-269	9	43	)	)	PUNCT
esutjss-269	9	44	relationship	relationship	NOUN
esutjss-269	9	45	while	while	SCONJ
esutjss-269	9	46	mpr	mpr	PROPN
esutjss-269	9	47	had	have	VERB
esutjss-269	9	48	a	a	DET
esutjss-269	9	49	negative	negative	ADJ
esutjss-269	9	50	(	(	PUNCT
esutjss-269	9	51	-0.005717	-0.005717	ADJ
esutjss-269	9	52	)	)	PUNCT
esutjss-269	9	53	and	and	CCONJ
esutjss-269	9	54	insignificant	insignificant	ADJ
esutjss-269	9	55	(	(	PUNCT
esutjss-269	9	56	-0.96354	-0.96354	ADJ
esutjss-269	9	57	)	)	PUNCT
esutjss-269	9	58	relationship	relationship	NOUN
esutjss-269	9	59	.	.	PUNCT
esutjss-269	10	1	government	government	NOUN
esutjss-269	10	2	expenditure	expenditure	NOUN
esutjss-269	10	3	had	have	VERB
esutjss-269	10	4	negative	negative	ADJ
esutjss-269	10	5	but	but	CCONJ
esutjss-269	10	6	significant	significant	ADJ
esutjss-269	10	7	relationship	relationship	NOUN
esutjss-269	10	8	between	between	ADP
esutjss-269	10	9	debt	debt	NOUN
esutjss-269	10	10	sustainability	sustainability	NOUN
esutjss-269	10	11	and	and	CCONJ
esutjss-269	10	12	economic	economic	ADJ
esutjss-269	10	13	growth	growth	NOUN
esutjss-269	10	14	.	.	PUNCT
esutjss-269	11	1	the	the	DET
esutjss-269	11	2	debt	debt	NOUN
esutjss-269	11	3	-	-	PUNCT
esutjss-269	11	4	to	to	ADP
esutjss-269	11	5	-	-	PUNCT
esutjss-269	11	6	gdp	gdp	NOUN
esutjss-269	11	7	ratio	ratio	NOUN
esutjss-269	11	8	(	(	PUNCT
esutjss-269	11	9	p	p	NOUN
esutjss-269	11	10	-	-	PUNCT
esutjss-269	11	11	value	value	NOUN
esutjss-269	11	12	,	,	PUNCT
esutjss-269	11	13	0.0005	0.0005	NUM
esutjss-269	11	14	<	<	X
esutjss-269	11	15	0.05	0.05	NUM
esutjss-269	11	16	)	)	PUNCT
esutjss-269	11	17	granger	granger	NOUN
esutjss-269	11	18	causes	cause	VERB
esutjss-269	11	19	real	real	ADJ
esutjss-269	11	20	gdp	gdp	NOUN
esutjss-269	11	21	and	and	CCONJ
esutjss-269	11	22	debt	debt	NOUN
esutjss-269	11	23	-	-	PUNCT
esutjss-269	11	24	to	to	ADP
esutjss-269	11	25	-	-	PUNCT
esutjss-269	11	26	gdp	gdp	NOUN
esutjss-269	11	27	ratio	ratio	NOUN
esutjss-269	11	28	causes	cause	VERB
esutjss-269	11	29	economic	economic	ADJ
esutjss-269	11	30	growth	growth	NOUN
esutjss-269	11	31	(	(	PUNCT
esutjss-269	11	32	0.0071	0.0071	NOUN
esutjss-269	11	33	<	<	X
esutjss-269	11	34	0.05	0.05	NUM
esutjss-269	11	35	)	)	PUNCT
esutjss-269	11	36	.	.	PUNCT
esutjss-269	12	1	this	this	DET
esutjss-269	12	2	paper	paper	NOUN
esutjss-269	12	3	concluded	conclude	VERB
esutjss-269	12	4	that	that	SCONJ
esutjss-269	12	5	debt	debt	NOUN
esutjss-269	12	6	-	-	PUNCT
esutjss-269	12	7	to	to	ADP
esutjss-269	12	8	-	-	PUNCT
esutjss-269	12	9	gdp	gdp	NOUN
esutjss-269	12	10	ratio	ratio	NOUN
esutjss-269	12	11	,	,	PUNCT
esutjss-269	12	12	debtto	debtto	PROPN
esutjss-269	12	13	service	service	NOUN
esutjss-269	12	14	ratio	ratio	NOUN
esutjss-269	12	15	and	and	CCONJ
esutjss-269	12	16	monetary	monetary	ADJ
esutjss-269	12	17	policy	policy	NOUN
esutjss-269	12	18	rate	rate	NOUN
esutjss-269	12	19	has	have	VERB
esutjss-269	12	20	negative	negative	ADJ
esutjss-269	12	21	impact	impact	NOUN
esutjss-269	12	22	on	on	ADP
esutjss-269	12	23	economic	economic	ADJ
esutjss-269	12	24	growth	growth	NOUN
esutjss-269	12	25	within	within	ADP
esutjss-269	12	26	the	the	DET
esutjss-269	12	27	reviewing	reviewing	NOUN
esutjss-269	12	28	period	period	NOUN
esutjss-269	12	29	.	.	PUNCT
esutjss-269	13	1	furthermore	furthermore	ADV
esutjss-269	13	2	,	,	PUNCT
esutjss-269	13	3	the	the	DET
esutjss-269	13	4	evidence	evidence	NOUN
esutjss-269	13	5	as	as	SCONJ
esutjss-269	13	6	shown	show	VERB
esutjss-269	13	7	in	in	ADP
esutjss-269	13	8	the	the	DET
esutjss-269	13	9	causality	causality	NOUN
esutjss-269	13	10	results	result	NOUN
esutjss-269	13	11	show	show	VERB
esutjss-269	13	12	that	that	SCONJ
esutjss-269	13	13	the	the	DET
esutjss-269	13	14	relationship	relationship	NOUN
esutjss-269	13	15	between	between	ADP
esutjss-269	13	16	debt	debt	NOUN
esutjss-269	13	17	sustainability	sustainability	NOUN
esutjss-269	13	18	and	and	CCONJ
esutjss-269	13	19	economic	economic	ADJ
esutjss-269	13	20	growth	growth	NOUN
esutjss-269	13	21	is	be	AUX
esutjss-269	13	22	symbiotically	symbiotically	ADV
esutjss-269	13	23	mutual	mutual	ADJ
esutjss-269	13	24	,	,	PUNCT
esutjss-269	13	25	reinforcing	reinforce	VERB
esutjss-269	13	26	each	each	DET
esutjss-269	13	27	other	other	ADJ
esutjss-269	13	28	both	both	CCONJ
esutjss-269	13	29	in	in	ADP
esutjss-269	13	30	the	the	DET
esutjss-269	13	31	immediate	immediate	ADJ
esutjss-269	13	32	and	and	CCONJ
esutjss-269	13	33	in	in	ADP
esutjss-269	13	34	the	the	DET
esutjss-269	13	35	long	long	ADJ
esutjss-269	13	36	-	-	PUNCT
esutjss-269	13	37	term	term	NOUN
esutjss-269	13	38	.	.	PUNCT
esutjss-269	14	1	this	this	DET
esutjss-269	14	2	paper	paper	NOUN
esutjss-269	14	3	recommended	recommend	VERB
esutjss-269	14	4	as	as	SCONJ
esutjss-269	14	5	follows	follow	VERB
esutjss-269	14	6	:	:	PUNCT
esutjss-269	14	7	i	i	NOUN
esutjss-269	14	8	)	)	PUNCT
esutjss-269	14	9	sustain	sustain	VERB
esutjss-269	14	10	the	the	DET
esutjss-269	14	11	current	current	ADJ
esutjss-269	14	12	fiscal	fiscal	ADJ
esutjss-269	14	13	policy	policy	NOUN
esutjss-269	14	14	regime	regime	NOUN
esutjss-269	14	15	/	/	SYM
esutjss-269	14	16	reforms	reform	NOUN
esutjss-269	14	17	,	,	PUNCT
esutjss-269	14	18	economy	economy	NOUN
esutjss-269	14	19	-	-	PUNCT
esutjss-269	14	20	wide	wide	ADJ
esutjss-269	14	21	and	and	CCONJ
esutjss-269	14	22	sector	sector	NOUN
esutjss-269	14	23	specific	specific	ADJ
esutjss-269	14	24	so	so	SCONJ
esutjss-269	14	25	as	as	SCONJ
esutjss-269	14	26	to	to	PART
esutjss-269	14	27	promote	promote	VERB
esutjss-269	14	28	growth	growth	NOUN
esutjss-269	14	29	.	.	PUNCT
esutjss-269	15	1	this	this	PRON
esutjss-269	15	2	also	also	ADV
esutjss-269	15	3	implies	imply	VERB
esutjss-269	15	4	regular	regular	ADJ
esutjss-269	15	5	update	update	NOUN
esutjss-269	15	6	using	use	VERB
esutjss-269	15	7	the	the	DET
esutjss-269	15	8	best	good	ADJ
esutjss-269	15	9	scenarios	scenario	NOUN
esutjss-269	15	10	for	for	ADP
esutjss-269	15	11	the	the	DET
esutjss-269	15	12	nigeria	nigeria	PROPN
esutjss-269	15	13	debt	debt	NOUN
esutjss-269	15	14	sustainability	sustainability	NOUN
esutjss-269	15	15	analysis	analysis	NOUN
esutjss-269	15	16	(	(	PUNCT
esutjss-269	15	17	dsa	dsa	NOUN
esutjss-269	15	18	)	)	PUNCT
esutjss-269	15	19	,	,	PUNCT
esutjss-269	15	20	ii	ii	PROPN
esutjss-269	15	21	if	if	SCONJ
esutjss-269	15	22	possible	possible	ADJ
esutjss-269	15	23	by	by	ADP
esutjss-269	15	24	the	the	DET
esutjss-269	15	25	government	government	NOUN
esutjss-269	15	26	,	,	PUNCT
esutjss-269	15	27	a	a	DET
esutjss-269	15	28	moratorium	moratorium	NOUN
esutjss-269	15	29	on	on	ADP
esutjss-269	15	30	debt	debt	NOUN
esutjss-269	15	31	accumulation	accumulation	NOUN
esutjss-269	15	32	at	at	ADP
esutjss-269	15	33	all	all	DET
esutjss-269	15	34	levels	level	NOUN
esutjss-269	15	35	of	of	ADP
esutjss-269	15	36	government	government	NOUN
esutjss-269	15	37	should	should	AUX
esutjss-269	15	38	be	be	AUX
esutjss-269	15	39	implemented	implement	VERB
esutjss-269	15	40	.	.	PUNCT
esutjss-269	16	1	this	this	PRON
esutjss-269	16	2	would	would	AUX
esutjss-269	16	3	reduce	reduce	VERB
esutjss-269	16	4	the	the	DET
esutjss-269	16	5	excessive	excessive	ADJ
esutjss-269	16	6	borrowing	borrowing	NOUN
esutjss-269	16	7	by	by	ADP
esutjss-269	16	8	the	the	DET
esutjss-269	16	9	federal	federal	ADJ
esutjss-269	16	10	government	government	NOUN
esutjss-269	16	11	and	and	CCONJ
esutjss-269	16	12	subnational	subnational	ADJ
esutjss-269	16	13	governments	government	NOUN
esutjss-269	16	14	,	,	PUNCT
esutjss-269	16	15	iii	iii	X
esutjss-269	16	16	)	)	PUNCT
esutjss-269	16	17	the	the	DET
esutjss-269	16	18	central	central	ADJ
esutjss-269	16	19	bank	bank	PROPN
esutjss-269	16	20	of	of	ADP
esutjss-269	16	21	nigeria	nigeria	PROPN
esutjss-269	16	22	should	should	AUX
esutjss-269	16	23	reconsider	reconsider	VERB
esutjss-269	16	24	the	the	DET
esutjss-269	16	25	hike	hike	NOUN
esutjss-269	16	26	in	in	ADP
esutjss-269	16	27	the	the	DET
esutjss-269	16	28	rate	rate	NOUN
esutjss-269	16	29	,	,	PUNCT
esutjss-269	16	30	a	a	DET
esutjss-269	16	31	downward	downward	ADJ
esutjss-269	16	32	review	review	NOUN
esutjss-269	16	33	in	in	ADP
esutjss-269	16	34	order	order	NOUN
esutjss-269	16	35	to	to	PART
esutjss-269	16	36	promote	promote	VERB
esutjss-269	16	37	growth	growth	NOUN
esutjss-269	16	38	,	,	PUNCT
esutjss-269	16	39	v	v	NOUN
esutjss-269	16	40	)	)	PUNCT
esutjss-269	16	41	government	government	NOUN
esutjss-269	16	42	spending	spending	NOUN
esutjss-269	16	43	should	should	AUX
esutjss-269	16	44	be	be	AUX
esutjss-269	16	45	to	to	PART
esutjss-269	16	46	promote	promote	VERB
esutjss-269	16	47	productive	productive	ADJ
esutjss-269	16	48	/	/	SYM
esutjss-269	16	49	growth	growth	NOUN
esutjss-269	16	50	drivers	driver	NOUN
esutjss-269	16	51	than	than	ADP
esutjss-269	16	52	consumption	consumption	NOUN
esutjss-269	16	53	.	.	PUNCT
esutjss-269	17	1	keywords	keyword	NOUN
esutjss-269	17	2	:	:	PUNCT
esutjss-269	17	3	debt	debt	NOUN
esutjss-269	17	4	-	-	PUNCT
esutjss-269	17	5	to	to	ADP
esutjss-269	17	6	-	-	PUNCT
esutjss-269	17	7	gdp	gdp	NOUN
esutjss-269	17	8	,	,	PUNCT
esutjss-269	17	9	debt	debt	NOUN
esutjss-269	17	10	-	-	PUNCT
esutjss-269	17	11	to	to	ADP
esutjss-269	17	12	-	-	PUNCT
esutjss-269	17	13	service	service	NOUN
esutjss-269	17	14	,	,	PUNCT
esutjss-269	17	15	monetary	monetary	ADJ
esutjss-269	17	16	policy	policy	NOUN
esutjss-269	17	17	rate	rate	NOUN
esutjss-269	17	18	,	,	PUNCT
esutjss-269	17	19	nigeria	nigeria	PROPN
esutjss-269	17	20	,	,	PUNCT
esutjss-269	17	21	real	real	ADJ
esutjss-269	17	22	gdp	gdp	NOUN
esutjss-269	17	23	,	,	PUNCT
esutjss-269	17	24	time	time	NOUN
esutjss-269	17	25	series	series	PROPN
esutjss-269	17	26	analysis	analysis	PROPN
esutjss-269	17	27	jel	jel	PROPN
esutjss-269	17	28	codes	code	NOUN
esutjss-269	17	29	:	:	PUNCT
esutjss-269	17	30	e52	e52	PROPN
esutjss-269	17	31	,	,	PUNCT
esutjss-269	17	32	h62	h62	PROPN
esutjss-269	17	33	,	,	PUNCT
esutjss-269	17	34	h63	h63	PROPN
esutjss-269	17	35	,	,	PUNCT
esutjss-269	17	36	o40	o40	VERB
esutjss-269	17	37	82	82	NUM
esutjss-269	17	38	1	1	NUM
esutjss-269	17	39	.	.	PUNCT
esutjss-269	18	1	introduction	introduction	NOUN
esutjss-269	18	2	economic	economic	ADJ
esutjss-269	18	3	growth	growth	NOUN
esutjss-269	18	4	is	be	AUX
esutjss-269	18	5	primarily	primarily	ADV
esutjss-269	18	6	a	a	DET
esutjss-269	18	7	quantitative	quantitative	ADJ
esutjss-269	18	8	concept	concept	NOUN
esutjss-269	18	9	,	,	PUNCT
esutjss-269	18	10	referring	refer	VERB
esutjss-269	18	11	to	to	ADP
esutjss-269	18	12	an	an	DET
esutjss-269	18	13	increase	increase	NOUN
esutjss-269	18	14	in	in	ADP
esutjss-269	18	15	the	the	DET
esutjss-269	18	16	total	total	ADJ
esutjss-269	18	17	output	output	NOUN
esutjss-269	18	18	or	or	CCONJ
esutjss-269	18	19	gross	gross	ADJ
esutjss-269	18	20	domestic	domestic	ADJ
esutjss-269	18	21	product	product	NOUN
esutjss-269	18	22	(	(	PUNCT
esutjss-269	18	23	gdp	gdp	NOUN
esutjss-269	18	24	)	)	PUNCT
esutjss-269	18	25	of	of	ADP
esutjss-269	18	26	an	an	DET
esutjss-269	18	27	economy	economy	NOUN
esutjss-269	18	28	over	over	ADP
esutjss-269	18	29	a	a	DET
esutjss-269	18	30	period	period	NOUN
esutjss-269	18	31	of	of	ADP
esutjss-269	18	32	time	time	NOUN
esutjss-269	18	33	.	.	PUNCT
esutjss-269	19	1	economic	economic	ADJ
esutjss-269	19	2	growth	growth	NOUN
esutjss-269	19	3	is	be	AUX
esutjss-269	19	4	crucial	crucial	ADJ
esutjss-269	19	5	because	because	SCONJ
esutjss-269	19	6	it	it	PRON
esutjss-269	19	7	leads	lead	VERB
esutjss-269	19	8	to	to	ADP
esutjss-269	19	9	increased	increase	VERB
esutjss-269	19	10	production	production	NOUN
esutjss-269	19	11	,	,	PUNCT
esutjss-269	19	12	potentially	potentially	ADV
esutjss-269	19	13	more	more	ADJ
esutjss-269	19	14	jobs	job	NOUN
esutjss-269	19	15	,	,	PUNCT
esutjss-269	19	16	higher	high	ADJ
esutjss-269	19	17	incomes	income	NOUN
esutjss-269	19	18	,	,	PUNCT
esutjss-269	19	19	and	and	CCONJ
esutjss-269	19	20	improved	improve	VERB
esutjss-269	19	21	living	living	NOUN
esutjss-269	19	22	standards	standard	NOUN
esutjss-269	19	23	,	,	PUNCT
esutjss-269	19	24	ultimately	ultimately	ADV
esutjss-269	19	25	contributing	contribute	VERB
esutjss-269	19	26	to	to	ADP
esutjss-269	19	27	a	a	DET
esutjss-269	19	28	more	more	ADV
esutjss-269	19	29	prosperous	prosperous	ADJ
esutjss-269	19	30	and	and	CCONJ
esutjss-269	19	31	stable	stable	ADJ
esutjss-269	19	32	society	society	NOUN
esutjss-269	19	33	.	.	PUNCT
esutjss-269	20	1	economic	economic	ADJ
esutjss-269	20	2	growth	growth	NOUN
esutjss-269	20	3	is	be	AUX
esutjss-269	20	4	typically	typically	ADV
esutjss-269	20	5	measured	measure	VERB
esutjss-269	20	6	by	by	ADP
esutjss-269	20	7	tracking	track	VERB
esutjss-269	20	8	changes	change	NOUN
esutjss-269	20	9	in	in	ADP
esutjss-269	20	10	gross	gross	ADJ
esutjss-269	20	11	domestic	domestic	ADJ
esutjss-269	20	12	product(gdp	product(gdp	NOUN
esutjss-269	20	13	)	)	PUNCT
esutjss-269	20	14	,	,	PUNCT
esutjss-269	20	15	which	which	PRON
esutjss-269	20	16	represents	represent	VERB
esutjss-269	20	17	the	the	DET
esutjss-269	20	18	total	total	ADJ
esutjss-269	20	19	value	value	NOUN
esutjss-269	20	20	of	of	ADP
esutjss-269	20	21	goods	good	NOUN
esutjss-269	20	22	and	and	CCONJ
esutjss-269	20	23	services	service	NOUN
esutjss-269	20	24	produced	produce	VERB
esutjss-269	20	25	within	within	ADP
esutjss-269	20	26	a	a	DET
esutjss-269	20	27	country	country	NOUN
esutjss-269	20	28	’s	’s	PART
esutjss-269	20	29	borders	border	NOUN
esutjss-269	20	30	,	,	PUNCT
esutjss-269	20	31	and	and	CCONJ
esutjss-269	20	32	gross	gross	ADJ
esutjss-269	20	33	national	national	ADJ
esutjss-269	20	34	product(gnp	product(gnp	PROPN
esutjss-269	20	35	)	)	PUNCT
esutjss-269	20	36	which	which	PRON
esutjss-269	20	37	measures	measure	VERB
esutjss-269	20	38	the	the	DET
esutjss-269	20	39	total	total	ADJ
esutjss-269	20	40	value	value	NOUN
esutjss-269	20	41	of	of	ADP
esutjss-269	20	42	goods	good	NOUN
esutjss-269	20	43	and	and	CCONJ
esutjss-269	20	44	services	service	NOUN
esutjss-269	20	45	produced	produce	VERB
esutjss-269	20	46	by	by	ADP
esutjss-269	20	47	a	a	DET
esutjss-269	20	48	country	country	NOUN
esutjss-269	20	49	’s	’s	PART
esutjss-269	20	50	residents	resident	NOUN
esutjss-269	20	51	,	,	PUNCT
esutjss-269	20	52	both	both	CCONJ
esutjss-269	20	53	domestically	domestically	ADV
esutjss-269	20	54	and	and	CCONJ
esutjss-269	20	55	abroad	abroad	ADV
esutjss-269	20	56	.	.	PUNCT
esutjss-269	21	1	external	external	ADJ
esutjss-269	21	2	debt	debt	NOUN
esutjss-269	21	3	is	be	AUX
esutjss-269	21	4	the	the	DET
esutjss-269	21	5	portion	portion	NOUN
esutjss-269	21	6	of	of	ADP
esutjss-269	21	7	a	a	DET
esutjss-269	21	8	country	country	NOUN
esutjss-269	21	9	’s	’s	PART
esutjss-269	21	10	debt	debt	NOUN
esutjss-269	21	11	owed	owe	VERB
esutjss-269	21	12	to	to	ADP
esutjss-269	21	13	foreign	foreign	ADJ
esutjss-269	21	14	lenders	lender	NOUN
esutjss-269	21	15	,	,	PUNCT
esutjss-269	21	16	including	include	VERB
esutjss-269	21	17	governments	government	NOUN
esutjss-269	21	18	,	,	PUNCT
esutjss-269	21	19	commercial	commercial	ADJ
esutjss-269	21	20	/	/	SYM
esutjss-269	21	21	deposit	deposit	NOUN
esutjss-269	21	22	money	money	NOUN
esutjss-269	21	23	banks	bank	NOUN
esutjss-269	21	24	or	or	CCONJ
esutjss-269	21	25	international	international	ADJ
esutjss-269	21	26	financial	financial	ADJ
esutjss-269	21	27	institutions	institution	NOUN
esutjss-269	21	28	.	.	PUNCT
esutjss-269	22	1	external	external	ADJ
esutjss-269	22	2	debt	debt	NOUN
esutjss-269	22	3	sustainability	sustainability	NOUN
esutjss-269	22	4	refers	refer	VERB
esutjss-269	22	5	to	to	ADP
esutjss-269	22	6	a	a	DET
esutjss-269	22	7	country	country	NOUN
esutjss-269	22	8	’s	’s	PART
esutjss-269	22	9	ability	ability	NOUN
esutjss-269	22	10	to	to	PART
esutjss-269	22	11	service	service	VERB
esutjss-269	22	12	its	its	PRON
esutjss-269	22	13	foreign	foreign	ADJ
esutjss-269	22	14	debts	debt	NOUN
esutjss-269	22	15	without	without	ADP
esutjss-269	22	16	resorting	resort	VERB
esutjss-269	22	17	to	to	ADP
esutjss-269	22	18	unsustainable	unsustainable	ADJ
esutjss-269	22	19	measures	measure	NOUN
esutjss-269	22	20	including	include	VERB
esutjss-269	22	21	default	default	NOUN
esutjss-269	22	22	or	or	CCONJ
esutjss-269	22	23	restructuring	restructuring	NOUN
esutjss-269	22	24	.	.	PUNCT
esutjss-269	23	1	a	a	DET
esutjss-269	23	2	country	country	NOUN
esutjss-269	23	3	’s	’s	PART
esutjss-269	23	4	external	external	ADJ
esutjss-269	23	5	debt	debt	NOUN
esutjss-269	23	6	is	be	AUX
esutjss-269	23	7	considered	consider	VERB
esutjss-269	23	8	sustainable	sustainable	ADJ
esutjss-269	23	9	when	when	SCONJ
esutjss-269	23	10	it	it	PRON
esutjss-269	23	11	can	can	AUX
esutjss-269	23	12	meet	meet	VERB
esutjss-269	23	13	its	its	PRON
esutjss-269	23	14	current	current	ADJ
esutjss-269	23	15	and	and	CCONJ
esutjss-269	23	16	future	future	ADJ
esutjss-269	23	17	payment	payment	NOUN
esutjss-269	23	18	obligations	obligation	NOUN
esutjss-269	23	19	without	without	ADP
esutjss-269	23	20	facing	face	VERB
esutjss-269	23	21	debt	debt	NOUN
esutjss-269	23	22	-	-	PUNCT
esutjss-269	23	23	service	service	NOUN
esutjss-269	23	24	difficulties	difficulty	NOUN
esutjss-269	23	25	or	or	CCONJ
esutjss-269	23	26	exceptional	exceptional	ADJ
esutjss-269	23	27	financing	financing	NOUN
esutjss-269	23	28	(	(	PUNCT
esutjss-269	23	29	imf	imf	PROPN
esutjss-269	23	30	,	,	PUNCT
esutjss-269	23	31	2013	2013	NUM
esutjss-269	23	32	)	)	PUNCT
esutjss-269	23	33	.	.	PUNCT
esutjss-269	24	1	to	to	PART
esutjss-269	24	2	assess	assess	VERB
esutjss-269	24	3	the	the	DET
esutjss-269	24	4	sustainability	sustainability	NOUN
esutjss-269	24	5	of	of	ADP
esutjss-269	24	6	external	external	ADJ
esutjss-269	24	7	debt	debt	NOUN
esutjss-269	24	8	,	,	PUNCT
esutjss-269	24	9	key	key	ADJ
esutjss-269	24	10	measures	measure	NOUN
esutjss-269	24	11	include	include	VERB
esutjss-269	24	12	the	the	DET
esutjss-269	24	13	debt	debt	NOUN
esutjss-269	24	14	-	-	PUNCT
esutjss-269	24	15	togdp	togdp	NOUN
esutjss-269	24	16	ratio	ratio	NOUN
esutjss-269	24	17	,	,	PUNCT
esutjss-269	24	18	debt	debt	NOUN
esutjss-269	24	19	-	-	PUNCT
esutjss-269	24	20	to	to	ADP
esutjss-269	24	21	-	-	PUNCT
esutjss-269	24	22	export	export	NOUN
esutjss-269	24	23	ratio	ratio	NOUN
esutjss-269	24	24	,	,	PUNCT
esutjss-269	24	25	debt	debt	NOUN
esutjss-269	24	26	-	-	PUNCT
esutjss-269	24	27	torevenue	torevenue	NOUN
esutjss-269	24	28	ratio	ratio	NOUN
esutjss-269	24	29	,	,	PUNCT
esutjss-269	24	30	and	and	CCONJ
esutjss-269	24	31	debt	debt	NOUN
esutjss-269	24	32	service	service	NOUN
esutjss-269	24	33	to	to	ADP
esutjss-269	24	34	exports	export	NOUN
esutjss-269	24	35	or	or	CCONJ
esutjss-269	24	36	revenues	revenue	NOUN
esutjss-269	24	37	,	,	PUNCT
esutjss-269	24	38	which	which	PRON
esutjss-269	24	39	indicates	indicate	VERB
esutjss-269	24	40	a	a	DET
esutjss-269	24	41	country	country	NOUN
esutjss-269	24	42	’s	’s	PART
esutjss-269	24	43	ability	ability	NOUN
esutjss-269	24	44	to	to	PART
esutjss-269	24	45	repay	repay	VERB
esutjss-269	24	46	its	its	PRON
esutjss-269	24	47	obligations	obligation	NOUN
esutjss-269	24	48	without	without	ADP
esutjss-269	24	49	compromising	compromise	VERB
esutjss-269	24	50	its	its	PRON
esutjss-269	24	51	long	long	ADJ
esutjss-269	24	52	-	-	PUNCT
esutjss-269	24	53	term	term	NOUN
esutjss-269	24	54	goals	goal	NOUN
esutjss-269	24	55	.	.	PUNCT
esutjss-269	25	1	according	accord	VERB
esutjss-269	25	2	to	to	ADP
esutjss-269	25	3	the	the	DET
esutjss-269	25	4	national	national	PROPN
esutjss-269	25	5	bureau	bureau	PROPN
esutjss-269	25	6	of	of	ADP
esutjss-269	25	7	statistics(nbs	statistics(nbs	PROPN
esutjss-269	25	8	)	)	PUNCT
esutjss-269	25	9	,	,	PUNCT
esutjss-269	25	10	gross	gross	ADJ
esutjss-269	25	11	domestic	domestic	ADJ
esutjss-269	25	12	product	product	NOUN
esutjss-269	25	13	expanded	expand	VERB
esutjss-269	25	14	by	by	ADP
esutjss-269	25	15	3.84	3.84	NUM
esutjss-269	25	16	%	%	NOUN
esutjss-269	25	17	year	year	NOUN
esutjss-269	25	18	-	-	PUNCT
esutjss-269	25	19	on	on	ADP
esutjss-269	25	20	-	-	PUNCT
esutjss-269	25	21	year	year	NOUN
esutjss-269	25	22	in	in	ADP
esutjss-269	25	23	the	the	DET
esutjss-269	25	24	fourth	fourth	ADJ
esutjss-269	25	25	quarter	quarter	NOUN
esutjss-269	25	26	of	of	ADP
esutjss-269	25	27	2024	2024	NUM
esutjss-269	25	28	,	,	PUNCT
esutjss-269	25	29	up	up	ADV
esutjss-269	25	30	from	from	ADP
esutjss-269	25	31	3.46	3.46	NUM
esutjss-269	25	32	in	in	ADP
esutjss-269	25	33	quarter	quarter	NOUN
esutjss-269	25	34	three(q3	three(q3	NUM
esutjss-269	25	35	)	)	PUNCT
esutjss-269	25	36	2024	2024	NUM
esutjss-269	25	37	,	,	PUNCT
esutjss-269	25	38	as	as	SCONJ
esutjss-269	25	39	compared	compare	VERB
esutjss-269	25	40	to	to	ADP
esutjss-269	25	41	2.7	2.7	NUM
esutjss-269	25	42	in	in	ADP
esutjss-269	25	43	2023	2023	NUM
esutjss-269	25	44	.	.	PUNCT
esutjss-269	26	1	the	the	DET
esutjss-269	26	2	growth	growth	NOUN
esutjss-269	26	3	drivers	driver	NOUN
esutjss-269	26	4	in	in	ADP
esutjss-269	26	5	2024	2024	NUM
esutjss-269	26	6	are	be	AUX
esutjss-269	26	7	the	the	DET
esutjss-269	26	8	information	information	NOUN
esutjss-269	26	9	and	and	CCONJ
esutjss-269	26	10	telecommunication	telecommunication	NOUN
esutjss-269	26	11	(	(	PUNCT
esutjss-269	26	12	ict	ict	PROPN
esutjss-269	26	13	)	)	PUNCT
esutjss-269	26	14	,	,	PUNCT
esutjss-269	26	15	oil	oil	NOUN
esutjss-269	26	16	and	and	CCONJ
esutjss-269	26	17	gas	gas	NOUN
esutjss-269	26	18	sector	sector	NOUN
esutjss-269	26	19	,	,	PUNCT
esutjss-269	26	20	which	which	PRON
esutjss-269	26	21	expanded	expand	VERB
esutjss-269	26	22	by	by	ADP
esutjss-269	26	23	4.9	4.9	NUM
esutjss-269	26	24	percent	percent	NOUN
esutjss-269	26	25	and	and	CCONJ
esutjss-269	26	26	7.9	7.9	NUM
esutjss-269	26	27	percent	percent	NOUN
esutjss-269	26	28	respectively	respectively	ADV
esutjss-269	26	29	.	.	PUNCT
esutjss-269	27	1	major	major	ADJ
esutjss-269	27	2	growth	growth	NOUN
esutjss-269	27	3	stagnators	stagnator	NOUN
esutjss-269	27	4	include	include	VERB
esutjss-269	27	5	agriculture	agriculture	NOUN
esutjss-269	27	6	,	,	PUNCT
esutjss-269	27	7	trade	trade	NOUN
esutjss-269	27	8	,	,	PUNCT
esutjss-269	27	9	manufacturing	manufacturing	NOUN
esutjss-269	27	10	and	and	CCONJ
esutjss-269	27	11	real	real	ADJ
esutjss-269	27	12	estate	estate	NOUN
esutjss-269	27	13	,	,	PUNCT
esutjss-269	27	14	with	with	ADP
esutjss-269	27	15	21.8	21.8	NUM
esutjss-269	27	16	percent	percent	NOUN
esutjss-269	27	17	,	,	PUNCT
esutjss-269	27	18	16.0	16.0	NUM
esutjss-269	27	19	percent	percent	NOUN
esutjss-269	27	20	,	,	PUNCT
esutjss-269	27	21	9.2	9.2	NUM
esutjss-269	27	22	percent	percent	NOUN
esutjss-269	27	23	and	and	CCONJ
esutjss-269	27	24	5.2	5.2	NUM
esutjss-269	27	25	percent	percent	NOUN
esutjss-269	27	26	shares	share	NOUN
esutjss-269	27	27	of	of	ADP
esutjss-269	27	28	gdp	gdp	NOUN
esutjss-269	27	29	respectively	respectively	ADV
esutjss-269	27	30	.	.	PUNCT
esutjss-269	28	1	the	the	DET
esutjss-269	28	2	growth	growth	NOUN
esutjss-269	28	3	draggers	dragger	NOUN
esutjss-269	28	4	include	include	VERB
esutjss-269	28	5	construction	construction	NOUN
esutjss-269	28	6	and	and	CCONJ
esutjss-269	28	7	transport	transport	NOUN
esutjss-269	28	8	,	,	PUNCT
esutjss-269	28	9	constrained	constrain	VERB
esutjss-269	28	10	by	by	ADP
esutjss-269	28	11	the	the	DET
esutjss-269	28	12	impact	impact	NOUN
esutjss-269	28	13	of	of	ADP
esutjss-269	28	14	reforms	reform	NOUN
esutjss-269	28	15	on	on	ADP
esutjss-269	28	16	operating	operating	NOUN
esutjss-269	28	17	costs	cost	NOUN
esutjss-269	28	18	(	(	PUNCT
esutjss-269	28	19	nesg	nesg	NOUN
esutjss-269	28	20	,	,	PUNCT
esutjss-269	28	21	2024	2024	NUM
esutjss-269	28	22	)	)	PUNCT
esutjss-269	28	23	.	.	PUNCT
esutjss-269	29	1	the	the	DET
esutjss-269	29	2	debt	debt	NOUN
esutjss-269	29	3	management	management	NOUN
esutjss-269	29	4	office(dmo	office(dmo	PROPN
esutjss-269	29	5	)	)	PUNCT
esutjss-269	29	6	conducts	conduct	VERB
esutjss-269	29	7	debt	debt	NOUN
esutjss-269	29	8	sustainability	sustainability	NOUN
esutjss-269	29	9	analysis(dsa	analysis(dsa	NOUN
esutjss-269	29	10	)	)	PUNCT
esutjss-269	29	11	using	use	VERB
esutjss-269	29	12	a	a	DET
esutjss-269	29	13	world	world	NOUN
esutjss-269	29	14	bank	bank	PROPN
esutjss-269	29	15	/	/	SYM
esutjss-269	29	16	international	international	ADJ
esutjss-269	29	17	monetary	monetary	ADJ
esutjss-269	29	18	fund	fund	NOUN
esutjss-269	29	19	(	(	PUNCT
esutjss-269	29	20	imf	imf	PROPN
esutjss-269	29	21	)	)	PUNCT
esutjss-269	29	22	tool	tool	NOUN
esutjss-269	29	23	to	to	PART
esutjss-269	29	24	assess	assess	VERB
esutjss-269	29	25	the	the	DET
esutjss-269	29	26	sustainability	sustainability	NOUN
esutjss-269	29	27	of	of	ADP
esutjss-269	29	28	public	public	ADJ
esutjss-269	29	29	debt	debt	NOUN
esutjss-269	29	30	.	.	PUNCT
esutjss-269	30	1	the	the	DET
esutjss-269	30	2	challenges	challenge	NOUN
esutjss-269	30	3	of	of	ADP
esutjss-269	30	4	debt	debt	NOUN
esutjss-269	30	5	sustainability	sustainability	NOUN
esutjss-269	30	6	in	in	ADP
esutjss-269	30	7	nigeria	nigeria	PROPN
esutjss-269	30	8	include	include	VERB
esutjss-269	30	9	:	:	PUNCT
esutjss-269	30	10	inadequate	inadequate	ADJ
esutjss-269	30	11	revenue	revenue	NOUN
esutjss-269	30	12	mobilization	mobilization	NOUN
esutjss-269	30	13	,	,	PUNCT
esutjss-269	30	14	inefficient	inefficient	ADJ
esutjss-269	30	15	public	public	ADJ
esutjss-269	30	16	expenditure	expenditure	NOUN
esutjss-269	30	17	management	management	NOUN
esutjss-269	30	18	characterized	characterize	VERB
esutjss-269	30	19	by	by	ADP
esutjss-269	30	20	inefficient	inefficient	ADJ
esutjss-269	30	21	spending	spending	NOUN
esutjss-269	30	22	and	and	CCONJ
esutjss-269	30	23	corruption	corruption	NOUN
esutjss-269	30	24	which	which	PRON
esutjss-269	30	25	hinders	hinder	VERB
esutjss-269	30	26	fiscal	fiscal	ADJ
esutjss-269	30	27	discipline	discipline	NOUN
esutjss-269	30	28	,	,	PUNCT
esutjss-269	30	29	rising	rise	VERB
esutjss-269	30	30	public	public	ADJ
esutjss-269	30	31	debt	debt	NOUN
esutjss-269	30	32	and	and	CCONJ
esutjss-269	30	33	debt	debt	NOUN
esutjss-269	30	34	service	service	NOUN
esutjss-269	30	35	burden	burden	NOUN
esutjss-269	30	36	.	.	PUNCT
esutjss-269	31	1	nigeria	nigeria	PROPN
esutjss-269	31	2	’s	’s	PART
esutjss-269	31	3	total	total	ADJ
esutjss-269	31	4	public	public	ADJ
esutjss-269	31	5	debt	debt	NOUN
esutjss-269	31	6	surged	surge	VERB
esutjss-269	31	7	to	to	ADP
esutjss-269	31	8	n142.3	n142.3	PROPN
esutjss-269	31	9	trillion	trillion	NUM
esutjss-269	31	10	by	by	ADP
esutjss-269	31	11	the	the	DET
esutjss-269	31	12	end	end	NOUN
esutjss-269	31	13	of	of	ADP
esutjss-269	31	14	september	september	PROPN
esutjss-269	31	15	2024	2024	NUM
esutjss-269	31	16	,	,	PUNCT
esutjss-269	31	17	a	a	DET
esutjss-269	31	18	5.97	5.97	NUM
esutjss-269	31	19	percent	percent	NOUN
esutjss-269	31	20	increase	increase	NOUN
esutjss-269	31	21	(	(	PUNCT
esutjss-269	31	22	n8.02	n8.02	NOUN
esutjss-269	31	23	)	)	PUNCT
esutjss-269	31	24	trillion	trillion	NUM
esutjss-269	31	25	from	from	ADP
esutjss-269	31	26	n134.3	n134.3	PROPN
esutjss-269	31	27	trillion	trillion	NUM
esutjss-269	31	28	in	in	ADP
esutjss-269	31	29	june	june	PROPN
esutjss-269	31	30	2024	2024	NUM
esutjss-269	31	31	,	,	PUNCT
esutjss-269	31	32	driven	drive	VERB
esutjss-269	31	33	by	by	ADP
esutjss-269	31	34	both	both	DET
esutjss-269	31	35	rising	rise	VERB
esutjss-269	31	36	domestic	domestic	ADJ
esutjss-269	31	37	borrowing	borrowing	NOUN
esutjss-269	31	38	and	and	CCONJ
esutjss-269	31	39	the	the	DET
esutjss-269	31	40	impact	impact	NOUN
esutjss-269	31	41	of	of	ADP
esutjss-269	31	42	the	the	DET
esutjss-269	31	43	weak	weak	ADJ
esutjss-269	31	44	naira	naira	NOUN
esutjss-269	31	45	on	on	ADP
esutjss-269	31	46	external	external	ADJ
esutjss-269	31	47	debt	debt	NOUN
esutjss-269	31	48	.	.	PUNCT
esutjss-269	32	1	nigeria	nigeria	PROPN
esutjss-269	32	2	’s	’s	PART
esutjss-269	32	3	external	external	ADJ
esutjss-269	32	4	debt	debt	NOUN
esutjss-269	32	5	in	in	ADP
esutjss-269	32	6	dollar	dollar	NOUN
esutjss-269	32	7	terms	term	NOUN
esutjss-269	32	8	grew	grow	VERB
esutjss-269	32	9	marginally	marginally	ADV
esutjss-269	32	10	by	by	ADP
esutjss-269	32	11	0.29	0.29	NUM
esutjss-269	32	12	percent	percent	NOUN
esutjss-269	32	13	in	in	ADP
esutjss-269	32	14	june	june	PROPN
esutjss-269	32	15	to	to	ADP
esutjss-269	32	16	$	$	SYM
esutjss-269	32	17	43.03bn	43.03bn	NUM
esutjss-269	32	18	in	in	ADP
esutjss-269	32	19	september	september	PROPN
esutjss-269	32	20	2024	2024	NUM
esutjss-269	32	21	.	.	PUNCT
esutjss-269	33	1	in	in	ADP
esutjss-269	33	2	naira	naira	NOUN
esutjss-269	33	3	terms	term	NOUN
esutjss-269	33	4	,	,	PUNCT
esutjss-269	33	5	external	external	ADJ
esutjss-269	33	6	debt	debt	NOUN
esutjss-269	33	7	surged	surge	VERB
esutjss-269	33	8	by	by	ADP
esutjss-269	33	9	9.22	9.22	NUM
esutjss-269	33	10	percent	percent	NOUN
esutjss-269	33	11	,	,	PUNCT
esutjss-269	33	12	rising	rise	VERB
esutjss-269	33	13	from	from	ADP
esutjss-269	33	14	n63.07trillion	n63.07trillion	NOUN
esutjss-269	33	15	to	to	PART
esutjss-269	33	16	n68.89	n68.89	VERB
esutjss-269	33	17	trillion	trillion	NUM
esutjss-269	33	18	within	within	ADP
esutjss-269	33	19	the	the	DET
esutjss-269	33	20	4th	4th	ADJ
esutjss-269	33	21	quarter	quarter	NOUN
esutjss-269	33	22	.	.	PUNCT
esutjss-269	34	1	this	this	DET
esutjss-269	34	2	sharp	sharp	ADJ
esutjss-269	34	3	increase	increase	NOUN
esutjss-269	34	4	was	be	AUX
esutjss-269	34	5	attributed	attribute	VERB
esutjss-269	34	6	to	to	ADP
esutjss-269	34	7	the	the	DET
esutjss-269	34	8	depreciation	depreciation	NOUN
esutjss-269	34	9	of	of	ADP
esutjss-269	34	10	the	the	DET
esutjss-269	34	11	naira	naira	NOUN
esutjss-269	34	12	,	,	PUNCT
esutjss-269	34	13	with	with	ADP
esutjss-269	34	14	exchange	exchange	NOUN
esutjss-269	34	15	rate	rate	NOUN
esutjss-269	34	16	weakening	weaken	VERB
esutjss-269	34	17	from	from	ADP
esutjss-269	34	18	n1,470.19/$1	n1,470.19/$1	NOUN
esutjss-269	34	19	in	in	ADP
esutjss-269	34	20	june	june	PROPN
esutjss-269	34	21	to	to	ADP
esutjss-269	34	22	n1,601.03/$	n1,601.03/$	PROPN
esutjss-269	34	23	1	1	NUM
esutjss-269	34	24	by	by	ADP
esutjss-269	34	25	the	the	DET
esutjss-269	34	26	end	end	NOUN
esutjss-269	34	27	of	of	ADP
esutjss-269	34	28	september	september	PROPN
esutjss-269	34	29	,	,	PUNCT
esutjss-269	34	30	2024	2024	NUM
esutjss-269	34	31	.	.	PUNCT
esutjss-269	35	1	the	the	DET
esutjss-269	35	2	analysis	analysis	NOUN
esutjss-269	35	3	of	of	ADP
esutjss-269	35	4	nigeria	nigeria	PROPN
esutjss-269	35	5	’s	’s	PART
esutjss-269	35	6	external	external	ADJ
esutjss-269	35	7	debt	debt	NOUN
esutjss-269	35	8	stock	stock	NOUN
esutjss-269	35	9	shows	show	VERB
esutjss-269	35	10	a	a	DET
esutjss-269	35	11	largely	largely	ADV
esutjss-269	35	12	stable	stable	ADJ
esutjss-269	35	13	external	external	ADJ
esutjss-269	35	14	debt	debt	NOUN
esutjss-269	35	15	profile	profile	NOUN
esutjss-269	35	16	,	,	PUNCT
esutjss-269	35	17	with	with	ADP
esutjss-269	35	18	charges	charge	NOUN
esutjss-269	35	19	driven	drive	VERB
esutjss-269	35	20	by	by	ADP
esutjss-269	35	21	minor	minor	ADJ
esutjss-269	35	22	adjustments	adjustment	NOUN
esutjss-269	35	23	in	in	ADP
esutjss-269	35	24	multilateral	multilateral	ADJ
esutjss-269	35	25	and	and	CCONJ
esutjss-269	35	26	bilateral	bilateral	ADJ
esutjss-269	35	27	obligations	obligation	NOUN
esutjss-269	35	28	.	.	PUNCT
esutjss-269	36	1	in	in	ADP
esutjss-269	36	2	line	line	NOUN
esutjss-269	36	3	with	with	ADP
esutjss-269	36	4	the	the	DET
esutjss-269	36	5	submissions	submission	NOUN
esutjss-269	36	6	of	of	ADP
esutjss-269	36	7	sanusi	sanusi	PROPN
esutjss-269	36	8	et	et	PROPN
esutjss-269	36	9	al.(2019	al.(2019	PROPN
esutjss-269	36	10	)	)	PUNCT
esutjss-269	36	11	,	,	PUNCT
esutjss-269	36	12	public	public	ADJ
esutjss-269	36	13	debt	debt	NOUN
esutjss-269	36	14	could	could	AUX
esutjss-269	36	15	impact	impact	VERB
esutjss-269	36	16	economic	economic	ADJ
esutjss-269	36	17	growth	growth	NOUN
esutjss-269	36	18	negatively	negatively	ADV
esutjss-269	36	19	through	through	ADP
esutjss-269	36	20	crowding	crowd	VERB
esutjss-269	36	21	out	out	ADP
esutjss-269	36	22	private	private	ADJ
esutjss-269	36	23	investment	investment	NOUN
esutjss-269	36	24	,	,	PUNCT
esutjss-269	36	25	macroeconomic	macroeconomic	ADJ
esutjss-269	36	26	vulnerability	vulnerability	NOUN
esutjss-269	36	27	,	,	PUNCT
esutjss-269	36	28	debt	debt	NOUN
esutjss-269	36	29	overhang	overhang	NOUN
esutjss-269	36	30	,	,	PUNCT
esutjss-269	36	31	high	high	ADJ
esutjss-269	36	32	interest	interest	NOUN
esutjss-269	36	33	rate	rate	NOUN
esutjss-269	36	34	and	and	CCONJ
esutjss-269	36	35	increased	increase	VERB
esutjss-269	36	36	tax	tax	NOUN
esutjss-269	36	37	burden	burden	NOUN
esutjss-269	36	38	.	.	PUNCT
esutjss-269	37	1	it	it	PRON
esutjss-269	37	2	could	could	AUX
esutjss-269	37	3	impact	impact	VERB
esutjss-269	37	4	positively	positively	ADV
esutjss-269	37	5	on	on	ADP
esutjss-269	37	6	economic	economic	ADJ
esutjss-269	37	7	83	83	NUM
esutjss-269	37	8	growth	growth	NOUN
esutjss-269	37	9	through	through	ADP
esutjss-269	37	10	stimulation	stimulation	NOUN
esutjss-269	37	11	of	of	ADP
esutjss-269	37	12	aggregate	aggregate	ADJ
esutjss-269	37	13	demand	demand	NOUN
esutjss-269	37	14	and	and	CCONJ
esutjss-269	37	15	funding	funding	NOUN
esutjss-269	37	16	of	of	ADP
esutjss-269	37	17	public	public	ADJ
esutjss-269	37	18	investment	investment	NOUN
esutjss-269	37	19	.	.	PUNCT
esutjss-269	38	1	however	however	ADV
esutjss-269	38	2	,	,	PUNCT
esutjss-269	38	3	the	the	DET
esutjss-269	38	4	overall	overall	ADJ
esutjss-269	38	5	impact	impact	NOUN
esutjss-269	38	6	of	of	ADP
esutjss-269	38	7	public	public	ADJ
esutjss-269	38	8	debt	debt	NOUN
esutjss-269	38	9	on	on	ADP
esutjss-269	38	10	economic	economic	ADJ
esutjss-269	38	11	growth	growth	NOUN
esutjss-269	38	12	depends	depend	VERB
esutjss-269	38	13	on	on	ADP
esutjss-269	38	14	the	the	DET
esutjss-269	38	15	size	size	NOUN
esutjss-269	38	16	/	/	SYM
esutjss-269	38	17	level	level	NOUN
esutjss-269	38	18	of	of	ADP
esutjss-269	38	19	debt	debt	NOUN
esutjss-269	38	20	relative	relative	ADJ
esutjss-269	38	21	to	to	ADP
esutjss-269	38	22	the	the	DET
esutjss-269	38	23	size	size	NOUN
esutjss-269	38	24	of	of	ADP
esutjss-269	38	25	the	the	DET
esutjss-269	38	26	economy	economy	NOUN
esutjss-269	38	27	(	(	PUNCT
esutjss-269	38	28	debt	debt	NOUN
esutjss-269	38	29	-	-	PUNCT
esutjss-269	38	30	to	to	ADP
esutjss-269	38	31	-	-	PUNCT
esutjss-269	38	32	gdp	gdp	NOUN
esutjss-269	38	33	ratio	ratio	NOUN
esutjss-269	38	34	and	and	CCONJ
esutjss-269	38	35	the	the	DET
esutjss-269	38	36	sustainability	sustainability	NOUN
esutjss-269	38	37	of	of	ADP
esutjss-269	38	38	the	the	DET
esutjss-269	38	39	debt(oyadeyi	debt(oyadeyi	PROPN
esutjss-269	38	40	,	,	PUNCT
esutjss-269	38	41	agboola	agboola	PROPN
esutjss-269	38	42	,	,	PUNCT
esutjss-269	38	43	okunade	okunade	ADJ
esutjss-269	38	44	,	,	PUNCT
esutjss-269	38	45	&	&	CCONJ
esutjss-269	38	46	osinubi	osinubi	ADV
esutjss-269	38	47	,	,	PUNCT
esutjss-269	38	48	2024	2024	NUM
esutjss-269	38	49	)	)	PUNCT
esutjss-269	38	50	.	.	PUNCT
esutjss-269	39	1	objectively	objectively	ADV
esutjss-269	39	2	,	,	PUNCT
esutjss-269	39	3	this	this	DET
esutjss-269	39	4	paper	paper	NOUN
esutjss-269	39	5	examined	examine	VERB
esutjss-269	39	6	the	the	DET
esutjss-269	39	7	impact	impact	NOUN
esutjss-269	39	8	of	of	ADP
esutjss-269	39	9	external	external	ADJ
esutjss-269	39	10	debt	debt	NOUN
esutjss-269	39	11	sustainability	sustainability	NOUN
esutjss-269	39	12	on	on	ADP
esutjss-269	39	13	economic	economic	ADJ
esutjss-269	39	14	growth	growth	NOUN
esutjss-269	39	15	in	in	ADP
esutjss-269	39	16	nigeria	nigeria	PROPN
esutjss-269	39	17	.	.	PUNCT
esutjss-269	40	1	this	this	DET
esutjss-269	40	2	paper	paper	NOUN
esutjss-269	40	3	is	be	AUX
esutjss-269	40	4	structured	structure	VERB
esutjss-269	40	5	as	as	SCONJ
esutjss-269	40	6	follows	follow	VERB
esutjss-269	40	7	:	:	PUNCT
esutjss-269	40	8	following	follow	VERB
esutjss-269	40	9	the	the	DET
esutjss-269	40	10	introduction	introduction	NOUN
esutjss-269	40	11	is	be	AUX
esutjss-269	40	12	some	some	DET
esutjss-269	40	13	stylized	stylize	VERB
esutjss-269	40	14	facts	fact	NOUN
esutjss-269	40	15	in	in	ADP
esutjss-269	40	16	section	section	NOUN
esutjss-269	40	17	2	2	NUM
esutjss-269	40	18	,	,	PUNCT
esutjss-269	40	19	section	section	NOUN
esutjss-269	40	20	3	3	NUM
esutjss-269	40	21	presents	present	NOUN
esutjss-269	40	22	review	review	NOUN
esutjss-269	40	23	of	of	ADP
esutjss-269	40	24	empirical	empirical	ADJ
esutjss-269	40	25	literature	literature	NOUN
esutjss-269	40	26	while	while	SCONJ
esutjss-269	40	27	section	section	NOUN
esutjss-269	40	28	4	4	NUM
esutjss-269	40	29	is	be	AUX
esutjss-269	40	30	on	on	ADP
esutjss-269	40	31	data	datum	NOUN
esutjss-269	40	32	and	and	CCONJ
esutjss-269	40	33	methodology	methodology	NOUN
esutjss-269	40	34	,	,	PUNCT
esutjss-269	40	35	and	and	CCONJ
esutjss-269	40	36	section	section	NOUN
esutjss-269	40	37	5	5	NUM
esutjss-269	40	38	is	be	AUX
esutjss-269	40	39	on	on	ADP
esutjss-269	40	40	the	the	DET
esutjss-269	40	41	empirical	empirical	ADJ
esutjss-269	40	42	results	result	NOUN
esutjss-269	40	43	and	and	CCONJ
esutjss-269	40	44	section	section	NOUN
esutjss-269	40	45	6	6	NUM
esutjss-269	40	46	is	be	AUX
esutjss-269	40	47	on	on	ADP
esutjss-269	40	48	policy	policy	NOUN
esutjss-269	40	49	implications	implication	NOUN
esutjss-269	40	50	2	2	NUM
esutjss-269	40	51	some	some	PRON
esutjss-269	40	52	stylized	stylize	VERB
esutjss-269	40	53	facts	fact	NOUN
esutjss-269	40	54	on	on	ADP
esutjss-269	40	55	external	external	ADJ
esutjss-269	40	56	debt	debt	NOUN
esutjss-269	40	57	sustainability	sustainability	NOUN
esutjss-269	40	58	and	and	CCONJ
esutjss-269	40	59	economic	economic	ADJ
esutjss-269	40	60	growth	growth	NOUN
esutjss-269	40	61	in	in	ADP
esutjss-269	40	62	nigeria	nigeria	PROPN
esutjss-269	40	63	table	table	NOUN
esutjss-269	40	64	1	1	NUM
esutjss-269	40	65	presents	present	VERB
esutjss-269	40	66	gross	gross	ADJ
esutjss-269	40	67	domestic	domestic	ADJ
esutjss-269	40	68	product	product	NOUN
esutjss-269	40	69	trajectory	trajectory	NOUN
esutjss-269	40	70	for	for	ADP
esutjss-269	40	71	nigeria	nigeria	PROPN
esutjss-269	40	72	based	base	VERB
esutjss-269	40	73	on	on	ADP
esutjss-269	40	74	periodic	periodic	ADJ
esutjss-269	40	75	averages	average	NOUN
esutjss-269	40	76	after	after	ADP
esutjss-269	40	77	2023	2023	NUM
esutjss-269	40	78	.	.	PUNCT
esutjss-269	41	1	table	table	NOUN
esutjss-269	41	2	1	1	NUM
esutjss-269	41	3	:	:	PUNCT
esutjss-269	41	4	gdp	gdp	NOUN
esutjss-269	41	5	trajectory	trajectory	NOUN
esutjss-269	41	6	,	,	PUNCT
esutjss-269	41	7	20232035	20232035	NUM
esutjss-269	41	8	gdp	gdp	NOUN
esutjss-269	41	9	economic	economic	ADJ
esutjss-269	41	10	outcomes	outcome	NOUN
esutjss-269	41	11	2023	2023	NUM
esutjss-269	41	12	2027	2027	NUM
esutjss-269	41	13	2031	2031	NUM
esutjss-269	41	14	2035	2035	NUM
esutjss-269	41	15	gdp(nominal	gdp(nominal	PROPN
esutjss-269	41	16	us$bn	us$bn	PROPN
esutjss-269	41	17	)	)	PUNCT
esutjss-269	41	18	414	414	NUM
esutjss-269	41	19	1,000	1,000	NUM
esutjss-269	41	20	2,500	2,500	NUM
esutjss-269	41	21	4,000	4,000	NUM
esutjss-269	41	22	gdp(nominal	gdp(nominal	NOUN
esutjss-269	41	23	n’trn	n’trn	NOUN
esutjss-269	41	24	)	)	PUNCT
esutjss-269	41	25	240	240	NUM
esutjss-269	41	26	800	800	NUM
esutjss-269	41	27	2000	2000	NUM
esutjss-269	41	28	3,200	3,200	NUM
esutjss-269	41	29	nominal	nominal	ADJ
esutjss-269	41	30	us$gdp	us$gdp	NOUN
esutjss-269	41	31	growth%	growth%	PROPN
esutjss-269	41	32	24.82	24.82	NUM
esutjss-269	41	33	25.96	25.96	NUM
esutjss-269	41	34	12.48	12.48	NUM
esutjss-269	41	35	real	real	ADJ
esutjss-269	41	36	gdp	gdp	NOUN
esutjss-269	41	37	growth	growth	NOUN
esutjss-269	41	38	(	(	PUNCT
esutjss-269	41	39	%	%	INTJ
esutjss-269	41	40	)	)	PUNCT
esutjss-269	41	41	*	*	PUNCT
esutjss-269	41	42	per	per	ADP
esutjss-269	41	43	capita	capita	X
esutjss-269	41	44	income(us$	income(us$	ADV
esutjss-269	41	45	)	)	PUNCT
esutjss-269	41	46	3.1	3.1	NUM
esutjss-269	41	47	1,863.2	1,863.2	NUM
esutjss-269	41	48	8.6	8.6	NUM
esutjss-269	41	49	4,105.4	4,105.4	NUM
esutjss-269	41	50	14.1	14.1	NUM
esutjss-269	41	51	9	9	NUM
esutjss-269	41	52	,	,	PUNCT
esutjss-269	41	53	453.2	453.2	NUM
esutjss-269	41	54	13.5	13.5	NUM
esutjss-269	41	55	14,041.5	14,041.5	NUM
esutjss-269	41	56	source	source	NOUN
esutjss-269	41	57	:	:	PUNCT
esutjss-269	41	58	nesg	nesg	PROPN
esutjss-269	41	59	estimates/	estimates/	PROPN
esutjss-269	41	60	*	*	PUNCT
esutjss-269	41	61	represents	represent	VERB
esutjss-269	41	62	outcomes	outcome	NOUN
esutjss-269	41	63	based	base	VERB
esutjss-269	41	64	on	on	ADP
esutjss-269	41	65	periodic	periodic	ADJ
esutjss-269	41	66	averages	average	NOUN
esutjss-269	41	67	after	after	ADP
esutjss-269	41	68	2023	2023	NUM
esutjss-269	41	69	,	,	PUNCT
esutjss-269	41	70	which	which	PRON
esutjss-269	41	71	are	be	AUX
esutjss-269	41	72	as	as	SCONJ
esutjss-269	41	73	follows	follow	VERB
esutjss-269	41	74	:	:	PUNCT
esutjss-269	41	75	2024	2024	NUM
esutjss-269	41	76	-	-	SYM
esutjss-269	41	77	2027	2027	NUM
esutjss-269	41	78	,	,	PUNCT
esutjss-269	41	79	2028	2028	NUM
esutjss-269	41	80	-	-	SYM
esutjss-269	41	81	2031	2031	NUM
esutjss-269	41	82	and	and	CCONJ
esutjss-269	41	83	2032	2032	NUM
esutjss-269	41	84	-	-	SYM
esutjss-269	41	85	2035	2035	NUM
esutjss-269	41	86	from	from	ADP
esutjss-269	41	87	the	the	DET
esutjss-269	41	88	nigerian	nigerian	ADJ
esutjss-269	41	89	economic	economic	ADJ
esutjss-269	41	90	summit	summit	NOUN
esutjss-269	41	91	group(nesg	group(nesg	NOUN
esutjss-269	41	92	)	)	PUNCT
esutjss-269	41	93	report	report	NOUN
esutjss-269	41	94	as	as	SCONJ
esutjss-269	41	95	contained	contain	VERB
esutjss-269	41	96	in	in	ADP
esutjss-269	41	97	charting	chart	VERB
esutjss-269	41	98	nigeria	nigeria	PROPN
esutjss-269	41	99	’s	’s	PART
esutjss-269	41	100	path	path	NOUN
esutjss-269	41	101	to	to	ADP
esutjss-269	41	102	a	a	DET
esutjss-269	41	103	us$4	us$4	PROPN
esutjss-269	41	104	trillion	trillion	NUM
esutjss-269	41	105	economy	economy	NOUN
esutjss-269	41	106	by	by	ADP
esutjss-269	41	107	2035	2035	NUM
esutjss-269	41	108	:	:	PUNCT
esutjss-269	41	109	a	a	DET
esutjss-269	41	110	pathway	pathway	NOUN
esutjss-269	41	111	analysis	analysis	NOUN
esutjss-269	41	112	for	for	ADP
esutjss-269	41	113	sustainable	sustainable	ADJ
esutjss-269	41	114	economic	economic	ADJ
esutjss-269	41	115	transformation	transformation	NOUN
esutjss-269	41	116	and	and	CCONJ
esutjss-269	41	117	inclusion	inclusion	NOUN
esutjss-269	41	118	-	-	PUNCT
esutjss-269	41	119	nes#29	nes#29	NOUN
esutjss-269	41	120	perspectiveit	perspectiveit	NOUN
esutjss-269	41	121	was	be	AUX
esutjss-269	41	122	concluded	conclude	VERB
esutjss-269	41	123	that	that	SCONJ
esutjss-269	41	124	achieving	achieve	VERB
esutjss-269	41	125	a	a	DET
esutjss-269	41	126	us$4	us$4	NOUN
esutjss-269	41	127	trillion	trillion	NUM
esutjss-269	41	128	economy	economy	NOUN
esutjss-269	41	129	by	by	ADP
esutjss-269	41	130	2035	2035	NUM
esutjss-269	41	131	will	will	AUX
esutjss-269	41	132	come	come	VERB
esutjss-269	41	133	with	with	ADP
esutjss-269	41	134	fundamental	fundamental	ADJ
esutjss-269	41	135	changes	change	NOUN
esutjss-269	41	136	in	in	ADP
esutjss-269	41	137	the	the	DET
esutjss-269	41	138	structure	structure	NOUN
esutjss-269	41	139	and	and	CCONJ
esutjss-269	41	140	characteristics	characteristic	NOUN
esutjss-269	41	141	of	of	ADP
esutjss-269	41	142	the	the	DET
esutjss-269	41	143	economy	economy	NOUN
esutjss-269	41	144	.	.	PUNCT
esutjss-269	42	1	from	from	ADP
esutjss-269	42	2	that	that	DET
esutjss-269	42	3	report	report	NOUN
esutjss-269	42	4	,	,	PUNCT
esutjss-269	42	5	by	by	ADP
esutjss-269	42	6	2035	2035	NUM
esutjss-269	42	7	,	,	PUNCT
esutjss-269	42	8	nigeria	nigeria	PROPN
esutjss-269	42	9	will	will	AUX
esutjss-269	42	10	become	become	VERB
esutjss-269	42	11	africa	africa	PROPN
esutjss-269	42	12	’s	’s	PART
esutjss-269	42	13	industrial	industrial	ADJ
esutjss-269	42	14	and	and	CCONJ
esutjss-269	42	15	manufacturing	manufacturing	NOUN
esutjss-269	42	16	hub	hub	NOUN
esutjss-269	42	17	,	,	PUNCT
esutjss-269	42	18	producing	produce	VERB
esutjss-269	42	19	and	and	CCONJ
esutjss-269	42	20	exporting	export	VERB
esutjss-269	42	21	diverse	diverse	ADJ
esutjss-269	42	22	mineral	mineral	NOUN
esutjss-269	42	23	and	and	CCONJ
esutjss-269	42	24	agricultural	agricultural	ADJ
esutjss-269	42	25	products	product	NOUN
esutjss-269	42	26	,	,	PUNCT
esutjss-269	42	27	highend	highend	ADJ
esutjss-269	42	28	products	product	NOUN
esutjss-269	42	29	and	and	CCONJ
esutjss-269	42	30	knowledge	knowledge	NOUN
esutjss-269	42	31	product	product	NOUN
esutjss-269	42	32	for	for	ADP
esutjss-269	42	33	the	the	DET
esutjss-269	42	34	large	large	ADJ
esutjss-269	42	35	afcfta	afcfta	NOUN
esutjss-269	42	36	market	market	NOUN
esutjss-269	42	37	and	and	CCONJ
esutjss-269	42	38	the	the	DET
esutjss-269	42	39	globe	globe	NOUN
esutjss-269	42	40	.	.	PUNCT
esutjss-269	43	1	hence	hence	ADV
esutjss-269	43	2	,	,	PUNCT
esutjss-269	43	3	nigeria	nigeria	PROPN
esutjss-269	43	4	will	will	AUX
esutjss-269	43	5	become	become	VERB
esutjss-269	43	6	an	an	DET
esutjss-269	43	7	industrialized	industrialized	ADJ
esutjss-269	43	8	nation	nation	NOUN
esutjss-269	43	9	with	with	ADP
esutjss-269	43	10	an	an	DET
esutjss-269	43	11	industrial	industrial	ADJ
esutjss-269	43	12	output	output	NOUN
esutjss-269	43	13	of	of	ADP
esutjss-269	43	14	over	over	ADP
esutjss-269	43	15	33	33	NUM
esutjss-269	43	16	percent	percent	NOUN
esutjss-269	43	17	of	of	ADP
esutjss-269	43	18	gdp	gdp	NOUN
esutjss-269	43	19	and	and	CCONJ
esutjss-269	43	20	a	a	DET
esutjss-269	43	21	mechanized	mechanized	ADJ
esutjss-269	43	22	and	and	CCONJ
esutjss-269	43	23	commercialized	commercialize	VERB
esutjss-269	43	24	agricultural	agricultural	ADJ
esutjss-269	43	25	sector	sector	NOUN
esutjss-269	43	26	offering	offer	VERB
esutjss-269	43	27	high	high	ADJ
esutjss-269	43	28	-	-	PUNCT
esutjss-269	43	29	end	end	NOUN
esutjss-269	43	30	services	service	NOUN
esutjss-269	43	31	to	to	ADP
esutjss-269	43	32	the	the	DET
esutjss-269	43	33	industrial	industrial	ADJ
esutjss-269	43	34	and	and	CCONJ
esutjss-269	43	35	agricultural	agricultural	ADJ
esutjss-269	43	36	sector	sector	NOUN
esutjss-269	43	37	.	.	PUNCT
esutjss-269	44	1	table	table	NOUN
esutjss-269	44	2	2	2	NUM
esutjss-269	44	3	presents	present	NOUN
esutjss-269	44	4	selected	select	VERB
esutjss-269	44	5	macroeconomic	macroeconomic	ADJ
esutjss-269	44	6	indicators	indicator	NOUN
esutjss-269	44	7	2022	2022	NUM
esutjss-269	44	8	-	-	SYM
esutjss-269	44	9	2027	2027	NUM
esutjss-269	44	10	table	table	NOUN
esutjss-269	44	11	2	2	NUM
esutjss-269	44	12	:	:	PUNCT
esutjss-269	44	13	selected	select	VERB
esutjss-269	44	14	macroeconomic	macroeconomic	ADJ
esutjss-269	44	15	indicators	indicator	NOUN
esutjss-269	44	16	2022	2022	NUM
esutjss-269	44	17	-	-	PUNCT
esutjss-269	44	18	2027	2027	NUM
esutjss-269	44	19	indicators	indicator	NOUN
esutjss-269	44	20	2022	2022	NUM
esutjss-269	44	21	2023	2023	NUM
esutjss-269	44	22	2024	2024	NUM
esutjss-269	44	23	2025	2025	NUM
esutjss-269	44	24	2026	2026	NUM
esutjss-269	44	25	2027	2027	NUM
esutjss-269	44	26	real	real	ADJ
esutjss-269	44	27	gdp	gdp	NOUN
esutjss-269	44	28	growth	growth	NOUN
esutjss-269	44	29	(	(	PUNCT
esutjss-269	44	30	%	%	INTJ
esutjss-269	44	31	)	)	PUNCT
esutjss-269	44	32	3.55	3.55	NUM
esutjss-269	44	33	3.75	3.75	NUM
esutjss-269	44	34	3.30	3.30	NUM
esutjss-269	44	35	3.46	3.46	NUM
esutjss-269	44	36	3.45	3.45	NUM
esutjss-269	44	37	3.66	3.66	NUM
esutjss-269	44	38	84	84	NUM
esutjss-269	44	39	real	real	ADJ
esutjss-269	44	40	gdp	gdp	NOUN
esutjss-269	44	41	growth(n’trn	growth(n’trn	PROPN
esutjss-269	44	42	)	)	PUNCT
esutjss-269	44	43	74.96	74.96	NUM
esutjss-269	44	44	77.77	77.77	NUM
esutjss-269	44	45	80.34	80.34	NUM
esutjss-269	44	46	83.11	83.11	NUM
esutjss-269	44	47	85.98	85.98	NUM
esutjss-269	44	48	89.13	89.13	NUM
esutjss-269	44	49	nominal	nominal	ADJ
esutjss-269	44	50	gdp(n’trn	gdp(n’trn	NOUN
esutjss-269	44	51	)	)	PUNCT
esutjss-269	44	52	198.93	198.93	NUM
esutjss-269	44	53	225.51	225.51	NUM
esutjss-269	45	1	252.18	252.18	NUM
esutjss-269	45	2	280.80	280.80	NUM
esutjss-269	45	3	314.32	314.32	NUM
esutjss-269	45	4	353.94	353.94	NUM
esutjss-269	45	5	inflation	inflation	NOUN
esutjss-269	45	6	(	(	PUNCT
esutjss-269	45	7	%	%	NOUN
esutjss-269	45	8	)	)	PUNCT
esutjss-269	45	9	13.00	13.00	NUM
esutjss-269	45	10	17.16	17.16	NUM
esutjss-269	45	11	16.21	16.21	NUM
esutjss-269	45	12	17.21	17.21	NUM
esutjss-269	45	13	14.36	14.36	NUM
esutjss-269	45	14	14.19	14.19	NUM
esutjss-269	45	15	revenue(n’trn	revenue(n’trn	NOUN
esutjss-269	45	16	)	)	PUNCT
esutjss-269	45	17	9.97	9.97	NUM
esutjss-269	45	18	10.49	10.49	NUM
esutjss-269	45	19	10.87	10.87	NUM
esutjss-269	45	20	12.11	12.11	NUM
esutjss-269	45	21	16.40	16.40	NUM
esutjss-269	45	22	19.70	19.70	NUM
esutjss-269	45	23	deficit	deficit	NOUN
esutjss-269	45	24	/	/	SYM
esutjss-269	45	25	gdp	gdp	NOUN
esutjss-269	45	26	(	(	PUNCT
esutjss-269	45	27	%	%	NOUN
esutjss-269	45	28	)	)	PUNCT
esutjss-269	45	29	3.81	3.81	NUM
esutjss-269	45	30	4.24	4.24	NUM
esutjss-269	45	31	3.55	3.55	NUM
esutjss-269	45	32	4.13	4.13	NUM
esutjss-269	45	33	2.54	2.54	NUM
esutjss-269	45	34	2.22	2.22	NUM
esutjss-269	45	35	exchange	exchange	NOUN
esutjss-269	45	36	rate(usd	rate(usd	NOUN
esutjss-269	45	37	/	/	SYM
esutjss-269	45	38	n	n	CCONJ
esutjss-269	45	39	)	)	PUNCT
esutjss-269	45	40	410.15	410.15	NUM
esutjss-269	45	41	435.57	435.57	NUM
esutjss-269	45	42	435	435	NUM
esutjss-269	45	43	.	.	PUNCT
esutjss-269	46	1	92	92	NUM
esutjss-269	46	2	437.57	437.57	NUM
esutjss-269	46	3	445	445	NUM
esutjss-269	46	4	445	445	NUM
esutjss-269	46	5	new	new	ADJ
esutjss-269	46	6	borrowing(n’trn	borrowing(n’trn	PROPN
esutjss-269	46	7	)	)	PUNCT
esutjss-269	46	8	6.92	6.92	NUM
esutjss-269	46	9	8.80	8.80	NUM
esutjss-269	46	10	8.84	8.84	NUM
esutjss-269	46	11	10.62	10.62	NUM
esutjss-269	46	12	7.98	7.98	NUM
esutjss-269	46	13	7.68	7.68	NUM
esutjss-269	46	14	domestic	domestic	ADJ
esutjss-269	46	15	borrowing(n’bn	borrowing(n’bn	NOUN
esutjss-269	46	16	)	)	PUNCT
esutjss-269	46	17	4.35	4.35	NUM
esutjss-269	46	18	7.04	7.04	NUM
esutjss-269	46	19	7.07	7.07	NUM
esutjss-269	46	20	8.50	8.50	NUM
esutjss-269	46	21	6.38	6.38	NUM
esutjss-269	46	22	6.14	6.14	NUM
esutjss-269	46	23	external	external	ADJ
esutjss-269	46	24	borrowing(n’bn	borrowing(n’bn	NOUN
esutjss-269	46	25	)	)	PUNCT
esutjss-269	46	26	2.57	2.57	NUM
esutjss-269	46	27	1.76	1.76	NUM
esutjss-269	46	28	1.77	1.77	NUM
esutjss-269	46	29	2.12	2.12	NUM
esutjss-269	46	30	1.60	1.60	NUM
esutjss-269	46	31	1.54	1.54	NUM
esutjss-269	46	32	source	source	NOUN
esutjss-269	46	33	:	:	PUNCT
esutjss-269	46	34	federal	federal	PROPN
esutjss-269	46	35	ministry	ministry	PROPN
esutjss-269	46	36	of	of	ADP
esutjss-269	46	37	finance	finance	PROPN
esutjss-269	46	38	,	,	PUNCT
esutjss-269	46	39	budget	budget	NOUN
esutjss-269	46	40	and	and	CCONJ
esutjss-269	46	41	national	national	ADJ
esutjss-269	46	42	planning	planning	NOUN
esutjss-269	46	43	(	(	PUNCT
esutjss-269	46	44	budget	budget	NOUN
esutjss-269	46	45	2022	2022	NUM
esutjss-269	46	46	&	&	CCONJ
esutjss-269	46	47	mtef	mtef	NOUN
esutjss-269	46	48	,	,	PUNCT
esutjss-269	46	49	2023	2023	NUM
esutjss-269	46	50	-	-	SYM
esutjss-269	46	51	2027and	2027and	NUM
esutjss-269	46	52	dsa	dsa	NOUN
esutjss-269	46	53	team	team	NOUN
esutjss-269	46	54	projection	projection	NOUN
esutjss-269	46	55	(	(	PUNCT
esutjss-269	46	56	2026	2026	NUM
esutjss-269	46	57	-	-	SYM
esutjss-269	46	58	2027	2027	NUM
esutjss-269	46	59	)	)	PUNCT
esutjss-269	46	60	the	the	DET
esutjss-269	46	61	baseline	baseline	ADJ
esutjss-269	46	62	macroeconomic	macroeconomic	ADJ
esutjss-269	46	63	assumption	assumption	NOUN
esutjss-269	46	64	as	as	SCONJ
esutjss-269	46	65	presented	present	VERB
esutjss-269	46	66	in	in	ADP
esutjss-269	46	67	table	table	NOUN
esutjss-269	46	68	2	2	NUM
esutjss-269	46	69	were	be	AUX
esutjss-269	46	70	those	those	PRON
esutjss-269	46	71	in	in	ADP
esutjss-269	46	72	the	the	DET
esutjss-269	46	73	2023	2023	NUM
esutjss-269	46	74	-	-	SYM
esutjss-269	46	75	2025	2025	NUM
esutjss-269	46	76	medium	medium	ADJ
esutjss-269	46	77	term	term	NOUN
esutjss-269	46	78	expenditure	expenditure	NOUN
esutjss-269	46	79	framework	framework	NOUN
esutjss-269	46	80	and	and	CCONJ
esutjss-269	46	81	fiscal	fiscal	ADJ
esutjss-269	46	82	strategy	strategy	NOUN
esutjss-269	46	83	paper	paper	NOUN
esutjss-269	46	84	(	(	PUNCT
esutjss-269	46	85	fsp	fsp	PROPN
esutjss-269	46	86	)	)	PUNCT
esutjss-269	46	87	.	.	PUNCT
esutjss-269	47	1	these	these	DET
esutjss-269	47	2	assumptions	assumption	NOUN
esutjss-269	47	3	incorporated	incorporate	VERB
esutjss-269	47	4	the	the	DET
esutjss-269	47	5	relevant	relevant	ADJ
esutjss-269	47	6	pillars	pillar	NOUN
esutjss-269	47	7	and	and	CCONJ
esutjss-269	47	8	priorities	priority	NOUN
esutjss-269	47	9	of	of	ADP
esutjss-269	47	10	the	the	DET
esutjss-269	47	11	national	national	PROPN
esutjss-269	47	12	development	development	PROPN
esutjss-269	47	13	plan	plan	NOUN
esutjss-269	47	14	(	(	PUNCT
esutjss-269	47	15	ndp	ndp	PROPN
esutjss-269	47	16	)	)	PUNCT
esutjss-269	47	17	20212025	20212025	NUM
esutjss-269	47	18	taking	take	VERB
esutjss-269	47	19	into	into	ADP
esutjss-269	47	20	cognizance	cognizance	NOUN
esutjss-269	47	21	the	the	DET
esutjss-269	47	22	current	current	ADJ
esutjss-269	47	23	realities	reality	NOUN
esutjss-269	47	24	and	and	CCONJ
esutjss-269	47	25	changes	change	NOUN
esutjss-269	47	26	in	in	ADP
esutjss-269	47	27	the	the	DET
esutjss-269	47	28	economy	economy	NOUN
esutjss-269	47	29	in	in	ADP
esutjss-269	47	30	terms	term	NOUN
esutjss-269	47	31	of	of	ADP
esutjss-269	47	32	output	output	NOUN
esutjss-269	47	33	and	and	CCONJ
esutjss-269	47	34	inflation	inflation	NOUN
esutjss-269	47	35	.	.	PUNCT
esutjss-269	48	1	table	table	NOUN
esutjss-269	48	2	3	3	NUM
esutjss-269	48	3	presents	present	VERB
esutjss-269	48	4	the	the	DET
esutjss-269	48	5	summary	summary	NOUN
esutjss-269	48	6	of	of	ADP
esutjss-269	48	7	total	total	ADJ
esutjss-269	48	8	public	public	ADJ
esutjss-269	48	9	debt	debt	NOUN
esutjss-269	48	10	sustainability	sustainability	NOUN
esutjss-269	48	11	assessment	assessment	NOUN
esutjss-269	48	12	.	.	PUNCT
esutjss-269	49	1	table	table	NOUN
esutjss-269	49	2	3	3	NUM
esutjss-269	49	3	:	:	PUNCT
esutjss-269	49	4	summary	summary	NOUN
esutjss-269	49	5	of	of	ADP
esutjss-269	49	6	total	total	ADJ
esutjss-269	49	7	public	public	ADJ
esutjss-269	49	8	debt	debt	NOUN
esutjss-269	49	9	sustainability	sustainability	NOUN
esutjss-269	49	10	assessment	assessment	NOUN
esutjss-269	49	11	details	detail	VERB
esutjss-269	49	12	threshol	threshol	NOUN
esutjss-269	49	13	d	d	ADP
esutjss-269	49	14	2022	2022	NUM
esutjss-269	49	15	2023	2023	NUM
esutjss-269	49	16	2024	2024	NUM
esutjss-269	49	17	2025	2025	NUM
esutjss-269	49	18	2026	2026	NUM
esutjss-269	49	19	2027	2027	NUM
esutjss-269	49	20	total	total	ADJ
esutjss-269	49	21	public	public	ADJ
esutjss-269	49	22	debt	debt	NOUN
esutjss-269	49	23	–	–	PUNCT
esutjss-269	49	24	t0	t0	NOUN
esutjss-269	49	25	-	-	NOUN
esutjss-269	49	26	gdp	gdp	NOUN
esutjss-269	49	27	(	(	PUNCT
esutjss-269	49	28	%	%	NOUN
esutjss-269	49	29	)	)	PUNCT
esutjss-269	49	30	40	40	NUM
esutjss-269	49	31	*	*	PUNCT
esutjss-269	49	32	baseline	baseline	VERB
esutjss-269	49	33	23.4	23.4	NUM
esutjss-269	49	34	37.1	37.1	NUM
esutjss-269	49	35	37.2	37.2	NUM
esutjss-269	49	36	37.0	37.0	NUM
esutjss-269	49	37	36.6	36.6	NUM
esutjss-269	49	38	35.3	35.3	NUM
esutjss-269	49	39	alternatives(shocks	alternatives(shock	NOUN
esutjss-269	49	40	)	)	PUNCT
esutjss-269	49	41	25.7	25.7	NUM
esutjss-269	49	42	45.4	45.4	NUM
esutjss-269	49	43	47.5	47.5	NUM
esutjss-269	49	44	49.0	49.0	NUM
esutjss-269	49	45	50.6	50.6	NUM
esutjss-269	49	46	51.6	51.6	NUM
esutjss-269	49	47	gross	gross	ADJ
esutjss-269	49	48	financing	financing	NOUN
esutjss-269	49	49	needs	need	NOUN
esutjss-269	49	50	-	-	PUNCT
esutjss-269	49	51	to	to	ADP
esutjss-269	49	52	-	-	PUNCT
esutjss-269	49	53	gdp	gdp	NOUN
esutjss-269	49	54	(	(	PUNCT
esutjss-269	49	55	%	%	NOUN
esutjss-269	49	56	)	)	PUNCT
esutjss-269	49	57	15	15	NUM
esutjss-269	49	58	*	*	PUNCT
esutjss-269	49	59	*	*	PUNCT
esutjss-269	49	60	baseline	baseline	VERB
esutjss-269	49	61	5.3	5.3	NUM
esutjss-269	49	62	7.2	7.2	NUM
esutjss-269	49	63	6.0	6.0	NUM
esutjss-269	49	64	6.1	6.1	NUM
esutjss-269	49	65	5.6	5.6	NUM
esutjss-269	49	66	5.0	5.0	NUM
esutjss-269	49	67	alternatives	alternative	NOUN
esutjss-269	49	68	5.3	5.3	NUM
esutjss-269	49	69	8.8	8.8	NUM
esutjss-269	49	70	8.0	8.0	NUM
esutjss-269	49	71	8.7	8.7	NUM
esutjss-269	49	72	9.0	9.0	NUM
esutjss-269	49	73	9.1	9.1	NUM
esutjss-269	49	74	fgn	fgn	PROPN
esutjss-269	49	75	debt	debt	NOUN
esutjss-269	49	76	service	service	NOUN
esutjss-269	49	77	–	–	PUNCT
esutjss-269	49	78	torevenue	torevenue	NOUN
esutjss-269	49	79	(	(	PUNCT
esutjss-269	49	80	%	%	NOUN
esutjss-269	49	81	)	)	PUNCT
esutjss-269	49	82	50	50	NUM
esutjss-269	49	83	*	*	PUNCT
esutjss-269	49	84	*	*	PUNCT
esutjss-269	49	85	*	*	PUNCT
esutjss-269	49	86	baseline	baseline	PROPN
esutjss-269	49	87	36.5	36.5	NUM
esutjss-269	49	88	73.5	73.5	NUM
esutjss-269	49	89	95.6	95.6	NUM
esutjss-269	49	90	105.4	105.4	NUM
esutjss-269	49	91	83.5	83.5	NUM
esutjss-269	49	92	86.3	86.3	NUM
esutjss-269	49	93	alternatives	alternative	NOUN
esutjss-269	49	94	36.5	36.5	NUM
esutjss-269	49	95	142.3	142.3	NUM
esutjss-269	49	96	162.9	162.9	NUM
esutjss-269	49	97	166.0	166.0	NUM
esutjss-269	49	98	152.04	152.04	NUM
esutjss-269	49	99	148.61	148.61	NUM
esutjss-269	49	100	source	source	NOUN
esutjss-269	49	101	:	:	PUNCT
esutjss-269	49	102	dmo	dmo	PROPN
esutjss-269	49	103	(	(	PUNCT
esutjss-269	49	104	2022	2022	NUM
esutjss-269	49	105	)	)	PUNCT
esutjss-269	49	106	*	*	PUNCT
esutjss-269	50	1	nigeria	nigeria	PROPN
esutjss-269	50	2	’s	’s	PART
esutjss-269	50	3	self	self	NOUN
esutjss-269	50	4	-	-	PUNCT
esutjss-269	50	5	imposed	impose	VERB
esutjss-269	50	6	limit	limit	NOUN
esutjss-269	50	7	,	,	PUNCT
esutjss-269	50	8	*	*	PUNCT
esutjss-269	50	9	*	*	PUNCT
esutjss-269	50	10	mac	mac	NOUN
esutjss-269	50	11	-	-	PUNCT
esutjss-269	50	12	dsa	dsa	NOUN
esutjss-269	50	13	threshold	threshold	NOUN
esutjss-269	50	14	,	,	PUNCT
esutjss-269	50	15	*	*	PUNCT
esutjss-269	50	16	*	*	PUNCT
esutjss-269	50	17	*	*	PUNCT
esutjss-269	50	18	nigeria	nigeria	PROPN
esutjss-269	50	19	’s	’s	PART
esutjss-269	50	20	recommended	recommend	VERB
esutjss-269	50	21	threshold	threshold	NOUN
esutjss-269	50	22	table	table	NOUN
esutjss-269	50	23	3	3	NUM
esutjss-269	50	24	shows	show	VERB
esutjss-269	50	25	that	that	SCONJ
esutjss-269	50	26	in	in	ADP
esutjss-269	50	27	spite	spite	NOUN
esutjss-269	50	28	of	of	ADP
esutjss-269	50	29	the	the	DET
esutjss-269	50	30	increase	increase	NOUN
esutjss-269	50	31	in	in	ADP
esutjss-269	50	32	the	the	DET
esutjss-269	50	33	debt	debt	NOUN
esutjss-269	50	34	stock	stock	NOUN
esutjss-269	50	35	,	,	PUNCT
esutjss-269	50	36	the	the	DET
esutjss-269	50	37	total	total	ADJ
esutjss-269	50	38	public	public	ADJ
esutjss-269	50	39	debt	debt	NOUN
esutjss-269	50	40	-	-	PUNCT
esutjss-269	50	41	to	to	ADP
esutjss-269	50	42	-	-	PUNCT
esutjss-269	50	43	gdp	gdp	NOUN
esutjss-269	50	44	ratio	ratio	NOUN
esutjss-269	50	45	at	at	ADP
esutjss-269	50	46	37.1	37.1	NUM
esutjss-269	50	47	percent	percent	NOUN
esutjss-269	50	48	in	in	ADP
esutjss-269	50	49	2023	2023	NUM
esutjss-269	50	50	,	,	PUNCT
esutjss-269	50	51	and	and	CCONJ
esutjss-269	50	52	thereafter	thereafter	ADV
esutjss-269	50	53	to	to	ADP
esutjss-269	50	54	2027	2027	NUM
esutjss-269	50	55	remained	remain	VERB
esutjss-269	50	56	below	below	ADP
esutjss-269	50	57	the	the	DET
esutjss-269	50	58	nigerian	nigerian	ADJ
esutjss-269	50	59	self	self	NOUN
esutjss-269	50	60	-	-	PUNCT
esutjss-269	50	61	imposed	impose	VERB
esutjss-269	50	62	limit	limit	NOUN
esutjss-269	50	63	of	of	ADP
esutjss-269	50	64	40	40	NUM
esutjss-269	50	65	percent	percent	NOUN
esutjss-269	50	66	,	,	PUNCT
esutjss-269	50	67	following	follow	VERB
esutjss-269	50	68	the	the	DET
esutjss-269	50	69	growth	growth	NOUN
esutjss-269	50	70	in	in	ADP
esutjss-269	50	71	gdp	gdp	PROPN
esutjss-269	50	72	.	.	PUNCT
esutjss-269	51	1	the	the	DET
esutjss-269	51	2	gross	gross	ADJ
esutjss-269	51	3	financing	financing	NOUN
esutjss-269	51	4	needs	need	NOUN
esutjss-269	51	5	-	-	PUNCT
esutjss-269	51	6	togdp	togdp	NOUN
esutjss-269	51	7	ratio	ratio	NOUN
esutjss-269	51	8	remained	remain	VERB
esutjss-269	51	9	below	below	ADP
esutjss-269	51	10	its	its	PRON
esutjss-269	51	11	threshold	threshold	NOUN
esutjss-269	51	12	of	of	ADP
esutjss-269	51	13	15	15	NUM
esutjss-269	51	14	percent	percent	NOUN
esutjss-269	51	15	throughout	throughout	ADP
esutjss-269	51	16	the	the	DET
esutjss-269	51	17	projection	projection	NOUN
esutjss-269	51	18	period	period	NOUN
esutjss-269	51	19	.	.	PUNCT
esutjss-269	52	1	table	table	NOUN
esutjss-269	52	2	4	4	NUM
esutjss-269	52	3	presents	present	VERB
esutjss-269	52	4	nigeria	nigeria	PROPN
esutjss-269	52	5	’s	’s	PART
esutjss-269	52	6	debt	debt	NOUN
esutjss-269	52	7	burden	burden	NOUN
esutjss-269	52	8	benchmark	benchmark	NOUN
esutjss-269	52	9	.	.	PUNCT
esutjss-269	53	1	table	table	NOUN
esutjss-269	53	2	4	4	NUM
esutjss-269	53	3	:	:	PUNCT
esutjss-269	53	4	debt	debt	NOUN
esutjss-269	53	5	burden	burden	NOUN
esutjss-269	53	6	benchmark	benchmark	NOUN
esutjss-269	53	7	85	85	NUM
esutjss-269	53	8	s	s	NOUN
esutjss-269	53	9	/	/	SYM
esutjss-269	53	10	n	n	PROPN
esutjss-269	53	11	indicators	indicator	NOUN
esutjss-269	53	12	mac	mac	PROPN
esutjss-269	53	13	-	-	PUNCT
esutjss-269	53	14	dsa	dsa	PROPN
esutjss-269	53	15	dmo	dmo	PROPN
esutjss-269	53	16	’s	’s	PART
esutjss-269	53	17	self	self	NOUN
esutjss-269	53	18	–	–	PUNCT
esutjss-269	53	19	imposed	impose	VERB
esutjss-269	53	20	1	1	NUM
esutjss-269	53	21	total	total	ADJ
esutjss-269	53	22	public	public	ADJ
esutjss-269	53	23	debt	debt	NOUN
esutjss-269	53	24	-	-	PUNCT
esutjss-269	53	25	togdp	togdp	NOUN
esutjss-269	53	26	ratio	ratio	NOUN
esutjss-269	53	27	(	(	PUNCT
esutjss-269	53	28	%	%	INTJ
esutjss-269	53	29	)	)	PUNCT
esutjss-269	53	30	70	70	NUM
esutjss-269	53	31	40	40	NUM
esutjss-269	53	32	2	2	NUM
esutjss-269	53	33	gross	gross	ADJ
esutjss-269	53	34	financing	financing	NOUN
esutjss-269	53	35	needs	need	NOUN
esutjss-269	53	36	-	-	PUNCT
esutjss-269	53	37	to	to	ADP
esutjss-269	53	38	-	-	PUNCT
esutjss-269	53	39	gdp	gdp	NOUN
esutjss-269	53	40	(	(	PUNCT
esutjss-269	53	41	%	%	NOUN
esutjss-269	53	42	)	)	PUNCT
esutjss-269	53	43	15	15	NUM
esutjss-269	53	44	3	3	NUM
esutjss-269	53	45	fgn	fgn	NOUN
esutjss-269	53	46	debtservice	debtservice	NOUN
esutjss-269	53	47	-	-	PUNCT
esutjss-269	53	48	torevenue	torevenue	NOUN
esutjss-269	53	49	50	50	NUM
esutjss-269	53	50	source	source	NOUN
esutjss-269	53	51	:	:	PUNCT
esutjss-269	53	52	dmo	dmo	PROPN
esutjss-269	53	53	(	(	PUNCT
esutjss-269	53	54	2022	2022	NUM
esutjss-269	53	55	)	)	PUNCT
esutjss-269	53	56	mac	mac	PROPN
esutjss-269	53	57	-	-	PUNCT
esutjss-269	53	58	dsa	dsa	NOUN
esutjss-269	53	59	(	(	PUNCT
esutjss-269	53	60	market	market	NOUN
esutjss-269	53	61	access	access	NOUN
esutjss-269	53	62	country	country	NOUN
esutjss-269	53	63	-	-	PUNCT
esutjss-269	53	64	debt	debt	NOUN
esutjss-269	53	65	sustainability	sustainability	NOUN
esutjss-269	53	66	analysis	analysis	NOUN
esutjss-269	53	67	)	)	PUNCT
esutjss-269	53	68	3	3	NUM
esutjss-269	53	69	empirical	empirical	ADJ
esutjss-269	53	70	literature	literature	NOUN
esutjss-269	53	71	review	review	NOUN
esutjss-269	53	72	they	they	PRON
esutjss-269	53	73	few	few	ADJ
esutjss-269	53	74	reviewed	review	VERB
esutjss-269	53	75	empirical	empirical	ADJ
esutjss-269	53	76	literature	literature	NOUN
esutjss-269	53	77	on	on	ADP
esutjss-269	53	78	the	the	DET
esutjss-269	53	79	relationship	relationship	NOUN
esutjss-269	53	80	between	between	ADP
esutjss-269	53	81	external	external	ADJ
esutjss-269	53	82	debt	debt	NOUN
esutjss-269	53	83	sustainability	sustainability	NOUN
esutjss-269	53	84	and	and	CCONJ
esutjss-269	53	85	economic	economic	ADJ
esutjss-269	53	86	growth	growth	NOUN
esutjss-269	53	87	are	be	AUX
esutjss-269	53	88	presented	present	VERB
esutjss-269	53	89	in	in	ADP
esutjss-269	53	90	this	this	DET
esutjss-269	53	91	section	section	NOUN
esutjss-269	53	92	.	.	PUNCT
esutjss-269	54	1	for	for	ADP
esutjss-269	54	2	example	example	NOUN
esutjss-269	54	3	,	,	PUNCT
esutjss-269	54	4	ojo	ojo	NOUN
esutjss-269	54	5	and	and	CCONJ
esutjss-269	54	6	ayodele	ayodele	PROPN
esutjss-269	54	7	(	(	PUNCT
esutjss-269	54	8	2023	2023	NUM
esutjss-269	54	9	)	)	PUNCT
esutjss-269	54	10	examined	examine	VERB
esutjss-269	54	11	the	the	DET
esutjss-269	54	12	causal	causal	ADJ
esutjss-269	54	13	relationship	relationship	NOUN
esutjss-269	54	14	between	between	ADP
esutjss-269	54	15	external	external	ADJ
esutjss-269	54	16	debt	debt	NOUN
esutjss-269	54	17	and	and	CCONJ
esutjss-269	54	18	economic	economic	ADJ
esutjss-269	54	19	growth	growth	NOUN
esutjss-269	54	20	in	in	ADP
esutjss-269	54	21	nigeria	nigeria	PROPN
esutjss-269	54	22	using	use	VERB
esutjss-269	54	23	the	the	DET
esutjss-269	54	24	granger	granger	PROPN
esutjss-269	54	25	causality	causality	PROPN
esutjss-269	54	26	test	test	NOUN
esutjss-269	54	27	.	.	PUNCT
esutjss-269	55	1	the	the	DET
esutjss-269	55	2	study	study	NOUN
esutjss-269	55	3	employed	employ	VERB
esutjss-269	55	4	time	time	NOUN
esutjss-269	55	5	-	-	PUNCT
esutjss-269	55	6	series	series	NOUN
esutjss-269	55	7	data	datum	NOUN
esutjss-269	55	8	from	from	ADP
esutjss-269	55	9	1990	1990	NUM
esutjss-269	55	10	to	to	ADP
esutjss-269	55	11	2021	2021	NUM
esutjss-269	55	12	and	and	CCONJ
esutjss-269	55	13	found	find	VERB
esutjss-269	55	14	bidirectional	bidirectional	ADJ
esutjss-269	55	15	causality	causality	NOUN
esutjss-269	55	16	between	between	ADP
esutjss-269	55	17	external	external	ADJ
esutjss-269	55	18	debt	debt	NOUN
esutjss-269	55	19	and	and	CCONJ
esutjss-269	55	20	economic	economic	ADJ
esutjss-269	55	21	growth	growth	NOUN
esutjss-269	55	22	.	.	PUNCT
esutjss-269	56	1	the	the	DET
esutjss-269	56	2	authors	author	NOUN
esutjss-269	56	3	concluded	conclude	VERB
esutjss-269	56	4	that	that	SCONJ
esutjss-269	56	5	while	while	SCONJ
esutjss-269	56	6	external	external	ADJ
esutjss-269	56	7	debt	debt	NOUN
esutjss-269	56	8	contributes	contribute	VERB
esutjss-269	56	9	to	to	ADP
esutjss-269	56	10	economic	economic	ADJ
esutjss-269	56	11	growth	growth	NOUN
esutjss-269	56	12	,	,	PUNCT
esutjss-269	56	13	its	its	PRON
esutjss-269	56	14	high	high	ADJ
esutjss-269	56	15	servicing	servicing	NOUN
esutjss-269	56	16	costs	cost	NOUN
esutjss-269	56	17	could	could	AUX
esutjss-269	56	18	limit	limit	VERB
esutjss-269	56	19	the	the	DET
esutjss-269	56	20	growth	growth	NOUN
esutjss-269	56	21	benefits	benefit	NOUN
esutjss-269	56	22	unless	unless	SCONJ
esutjss-269	56	23	the	the	DET
esutjss-269	56	24	funds	fund	NOUN
esutjss-269	56	25	are	be	AUX
esutjss-269	56	26	invested	invest	VERB
esutjss-269	56	27	in	in	ADP
esutjss-269	56	28	productive	productive	ADJ
esutjss-269	56	29	sectors	sector	NOUN
esutjss-269	56	30	.	.	PUNCT
esutjss-269	57	1	the	the	DET
esutjss-269	57	2	study	study	NOUN
esutjss-269	57	3	underscored	underscore	VERB
esutjss-269	57	4	the	the	DET
esutjss-269	57	5	need	need	NOUN
esutjss-269	57	6	for	for	ADP
esutjss-269	57	7	effective	effective	ADJ
esutjss-269	57	8	debt	debt	NOUN
esutjss-269	57	9	utilization	utilization	NOUN
esutjss-269	57	10	to	to	PART
esutjss-269	57	11	achieve	achieve	VERB
esutjss-269	57	12	sustainable	sustainable	ADJ
esutjss-269	57	13	growth	growth	NOUN
esutjss-269	57	14	.	.	PUNCT
esutjss-269	58	1	aliyu	aliyu	NOUN
esutjss-269	58	2	and	and	CCONJ
esutjss-269	58	3	usman	usman	PROPN
esutjss-269	58	4	(	(	PUNCT
esutjss-269	58	5	2023	2023	NUM
esutjss-269	58	6	)	)	PUNCT
esutjss-269	58	7	investigated	investigate	VERB
esutjss-269	58	8	how	how	SCONJ
esutjss-269	58	9	external	external	ADJ
esutjss-269	58	10	debt	debt	NOUN
esutjss-269	58	11	affects	affect	VERB
esutjss-269	58	12	economic	economic	ADJ
esutjss-269	58	13	growth	growth	NOUN
esutjss-269	58	14	in	in	ADP
esutjss-269	58	15	nigeria	nigeria	PROPN
esutjss-269	58	16	using	use	VERB
esutjss-269	58	17	the	the	DET
esutjss-269	58	18	co	co	NOUN
esutjss-269	58	19	-	-	NOUN
esutjss-269	58	20	integration	integration	NOUN
esutjss-269	58	21	and	and	CCONJ
esutjss-269	58	22	error	error	NOUN
esutjss-269	58	23	correction	correction	NOUN
esutjss-269	58	24	model	model	NOUN
esutjss-269	58	25	(	(	PUNCT
esutjss-269	58	26	ecm	ecm	PROPN
esutjss-269	58	27	)	)	PUNCT
esutjss-269	58	28	approach	approach	NOUN
esutjss-269	58	29	.	.	PUNCT
esutjss-269	59	1	the	the	DET
esutjss-269	59	2	analysis	analysis	NOUN
esutjss-269	59	3	,	,	PUNCT
esutjss-269	59	4	based	base	VERB
esutjss-269	59	5	on	on	ADP
esutjss-269	59	6	annual	annual	ADJ
esutjss-269	59	7	data	datum	NOUN
esutjss-269	59	8	from	from	ADP
esutjss-269	59	9	1985	1985	NUM
esutjss-269	59	10	to	to	ADP
esutjss-269	59	11	2021	2021	NUM
esutjss-269	59	12	,	,	PUNCT
esutjss-269	59	13	showed	show	VERB
esutjss-269	59	14	that	that	SCONJ
esutjss-269	59	15	external	external	ADJ
esutjss-269	59	16	debt	debt	NOUN
esutjss-269	59	17	has	have	VERB
esutjss-269	59	18	a	a	DET
esutjss-269	59	19	significant	significant	ADJ
esutjss-269	59	20	long	long	ADJ
esutjss-269	59	21	-	-	PUNCT
esutjss-269	59	22	term	term	NOUN
esutjss-269	59	23	negative	negative	ADJ
esutjss-269	59	24	impact	impact	NOUN
esutjss-269	59	25	on	on	ADP
esutjss-269	59	26	nigeria	nigeria	PROPN
esutjss-269	59	27	's	's	PART
esutjss-269	59	28	economic	economic	ADJ
esutjss-269	59	29	growth	growth	NOUN
esutjss-269	59	30	.	.	PUNCT
esutjss-269	60	1	this	this	PRON
esutjss-269	60	2	was	be	AUX
esutjss-269	60	3	attributed	attribute	VERB
esutjss-269	60	4	to	to	ADP
esutjss-269	60	5	the	the	DET
esutjss-269	60	6	large	large	ADJ
esutjss-269	60	7	proportion	proportion	NOUN
esutjss-269	60	8	of	of	ADP
esutjss-269	60	9	government	government	NOUN
esutjss-269	60	10	revenue	revenue	NOUN
esutjss-269	60	11	being	be	AUX
esutjss-269	60	12	directed	direct	VERB
esutjss-269	60	13	toward	toward	ADP
esutjss-269	60	14	debt	debt	NOUN
esutjss-269	60	15	servicing	servicing	NOUN
esutjss-269	60	16	rather	rather	ADV
esutjss-269	60	17	than	than	ADP
esutjss-269	60	18	development	development	NOUN
esutjss-269	60	19	expenditure	expenditure	NOUN
esutjss-269	60	20	.	.	PUNCT
esutjss-269	61	1	the	the	DET
esutjss-269	61	2	study	study	NOUN
esutjss-269	61	3	suggested	suggest	VERB
esutjss-269	61	4	that	that	SCONJ
esutjss-269	61	5	nigeria	nigeria	PROPN
esutjss-269	61	6	should	should	AUX
esutjss-269	61	7	explore	explore	VERB
esutjss-269	61	8	alternative	alternative	ADJ
esutjss-269	61	9	sources	source	NOUN
esutjss-269	61	10	of	of	ADP
esutjss-269	61	11	financing	financing	NOUN
esutjss-269	61	12	,	,	PUNCT
esutjss-269	61	13	such	such	ADJ
esutjss-269	61	14	as	as	ADP
esutjss-269	61	15	foreign	foreign	ADJ
esutjss-269	61	16	direct	direct	ADJ
esutjss-269	61	17	investment	investment	NOUN
esutjss-269	61	18	,	,	PUNCT
esutjss-269	61	19	to	to	PART
esutjss-269	61	20	reduce	reduce	VERB
esutjss-269	61	21	dependency	dependency	NOUN
esutjss-269	61	22	on	on	ADP
esutjss-269	61	23	debt	debt	NOUN
esutjss-269	61	24	.	.	PUNCT
esutjss-269	62	1	suleiman	suleiman	PROPN
esutjss-269	62	2	and	and	CCONJ
esutjss-269	62	3	mustapha	mustapha	PROPN
esutjss-269	62	4	(	(	PUNCT
esutjss-269	62	5	2023	2023	NUM
esutjss-269	62	6	)	)	PUNCT
esutjss-269	62	7	explored	explore	VERB
esutjss-269	62	8	the	the	DET
esutjss-269	62	9	impact	impact	NOUN
esutjss-269	62	10	of	of	ADP
esutjss-269	62	11	external	external	ADJ
esutjss-269	62	12	debt	debt	NOUN
esutjss-269	62	13	on	on	ADP
esutjss-269	62	14	economic	economic	ADJ
esutjss-269	62	15	growth	growth	NOUN
esutjss-269	62	16	in	in	ADP
esutjss-269	62	17	nigeria	nigeria	PROPN
esutjss-269	62	18	using	use	VERB
esutjss-269	62	19	a	a	DET
esutjss-269	62	20	multivariate	multivariate	NOUN
esutjss-269	62	21	econometric	econometric	ADJ
esutjss-269	62	22	model	model	NOUN
esutjss-269	62	23	.	.	PUNCT
esutjss-269	63	1	the	the	DET
esutjss-269	63	2	analysis	analysis	NOUN
esutjss-269	63	3	was	be	AUX
esutjss-269	63	4	based	base	VERB
esutjss-269	63	5	on	on	ADP
esutjss-269	63	6	data	datum	NOUN
esutjss-269	63	7	from	from	ADP
esutjss-269	63	8	2000	2000	NUM
esutjss-269	63	9	to	to	ADP
esutjss-269	63	10	2022	2022	NUM
esutjss-269	63	11	,	,	PUNCT
esutjss-269	63	12	using	use	VERB
esutjss-269	63	13	the	the	DET
esutjss-269	63	14	ordinary	ordinary	ADJ
esutjss-269	63	15	least	least	ADJ
esutjss-269	63	16	squares	square	NOUN
esutjss-269	63	17	(	(	PUNCT
esutjss-269	63	18	ols	ol	NOUN
esutjss-269	63	19	)	)	PUNCT
esutjss-269	63	20	regression	regression	NOUN
esutjss-269	63	21	approach	approach	NOUN
esutjss-269	63	22	.	.	PUNCT
esutjss-269	64	1	the	the	DET
esutjss-269	64	2	study	study	NOUN
esutjss-269	64	3	showed	show	VERB
esutjss-269	64	4	a	a	DET
esutjss-269	64	5	positive	positive	ADJ
esutjss-269	64	6	impact	impact	NOUN
esutjss-269	64	7	of	of	ADP
esutjss-269	64	8	external	external	ADJ
esutjss-269	64	9	debt	debt	NOUN
esutjss-269	64	10	on	on	ADP
esutjss-269	64	11	economic	economic	ADJ
esutjss-269	64	12	growth	growth	NOUN
esutjss-269	64	13	within	within	ADP
esutjss-269	64	14	the	the	DET
esutjss-269	64	15	reviewing	reviewing	NOUN
esutjss-269	64	16	period	period	NOUN
esutjss-269	64	17	when	when	SCONJ
esutjss-269	64	18	the	the	DET
esutjss-269	64	19	debt	debt	NOUN
esutjss-269	64	20	was	be	AUX
esutjss-269	64	21	profiled	profile	VERB
esutjss-269	64	22	towards	towards	ADP
esutjss-269	64	23	infrastructure	infrastructure	NOUN
esutjss-269	64	24	projects	project	NOUN
esutjss-269	64	25	but	but	CCONJ
esutjss-269	64	26	noted	note	VERB
esutjss-269	64	27	that	that	SCONJ
esutjss-269	64	28	nigeria	nigeria	PROPN
esutjss-269	64	29	’s	’s	PART
esutjss-269	64	30	growing	grow	VERB
esutjss-269	64	31	debt	debt	NOUN
esutjss-269	64	32	burden	burden	NOUN
esutjss-269	64	33	posed	pose	VERB
esutjss-269	64	34	a	a	DET
esutjss-269	64	35	risk	risk	NOUN
esutjss-269	64	36	to	to	ADP
esutjss-269	64	37	future	future	ADJ
esutjss-269	64	38	growth	growth	NOUN
esutjss-269	64	39	.	.	PUNCT
esutjss-269	65	1	the	the	DET
esutjss-269	65	2	study	study	NOUN
esutjss-269	65	3	concluded	conclude	VERB
esutjss-269	65	4	that	that	SCONJ
esutjss-269	65	5	the	the	DET
esutjss-269	65	6	effectiveness	effectiveness	NOUN
esutjss-269	65	7	of	of	ADP
esutjss-269	65	8	external	external	ADJ
esutjss-269	65	9	debt	debt	NOUN
esutjss-269	65	10	in	in	ADP
esutjss-269	65	11	driving	drive	VERB
esutjss-269	65	12	growth	growth	NOUN
esutjss-269	65	13	is	be	AUX
esutjss-269	65	14	contingent	contingent	ADJ
esutjss-269	65	15	on	on	ADP
esutjss-269	65	16	how	how	SCONJ
esutjss-269	65	17	well	well	ADV
esutjss-269	65	18	the	the	DET
esutjss-269	65	19	borrowed	borrow	VERB
esutjss-269	65	20	funds	fund	NOUN
esutjss-269	65	21	are	be	AUX
esutjss-269	65	22	utilized	utilize	VERB
esutjss-269	65	23	.	.	PUNCT
esutjss-269	66	1	ogunleye	ogunleye	PROPN
esutjss-269	66	2	and	and	CCONJ
esutjss-269	66	3	olajide	olajide	ADV
esutjss-269	66	4	(	(	PUNCT
esutjss-269	66	5	2024	2024	NUM
esutjss-269	66	6	)	)	PUNCT
esutjss-269	66	7	examined	examine	VERB
esutjss-269	66	8	the	the	DET
esutjss-269	66	9	impact	impact	NOUN
esutjss-269	66	10	of	of	ADP
esutjss-269	66	11	external	external	ADJ
esutjss-269	66	12	debt	debt	NOUN
esutjss-269	66	13	in	in	ADP
esutjss-269	66	14	stimulating	stimulate	VERB
esutjss-269	66	15	economic	economic	ADJ
esutjss-269	66	16	growth	growth	NOUN
esutjss-269	66	17	in	in	ADP
esutjss-269	66	18	africa	africa	PROPN
esutjss-269	66	19	,	,	PUNCT
esutjss-269	66	20	evidence	evidence	NOUN
esutjss-269	66	21	from	from	ADP
esutjss-269	66	22	nigeria	nigeria	PROPN
esutjss-269	66	23	.	.	PUNCT
esutjss-269	67	1	using	use	VERB
esutjss-269	67	2	panel	panel	NOUN
esutjss-269	67	3	data	datum	NOUN
esutjss-269	67	4	from	from	ADP
esutjss-269	67	5	2000	2000	NUM
esutjss-269	67	6	to	to	ADP
esutjss-269	67	7	2022	2022	NUM
esutjss-269	67	8	and	and	CCONJ
esutjss-269	67	9	employing	employ	VERB
esutjss-269	67	10	the	the	DET
esutjss-269	67	11	fixed	fix	VERB
esutjss-269	67	12	effects	effect	NOUN
esutjss-269	67	13	model	model	NOUN
esutjss-269	67	14	,	,	PUNCT
esutjss-269	67	15	the	the	DET
esutjss-269	67	16	results	result	NOUN
esutjss-269	67	17	show	show	VERB
esutjss-269	67	18	that	that	SCONJ
esutjss-269	67	19	external	external	ADJ
esutjss-269	67	20	debt	debt	NOUN
esutjss-269	67	21	positively	positively	ADV
esutjss-269	67	22	impacted	impact	VERB
esutjss-269	67	23	economic	economic	ADJ
esutjss-269	67	24	growth	growth	NOUN
esutjss-269	67	25	in	in	ADP
esutjss-269	67	26	the	the	DET
esutjss-269	67	27	short	short	ADJ
esutjss-269	67	28	term	term	NOUN
esutjss-269	67	29	but	but	CCONJ
esutjss-269	67	30	led	lead	VERB
esutjss-269	67	31	to	to	ADP
esutjss-269	67	32	diminishing	diminish	VERB
esutjss-269	67	33	returns	return	NOUN
esutjss-269	67	34	in	in	ADP
esutjss-269	67	35	the	the	DET
esutjss-269	67	36	long	long	ADJ
esutjss-269	67	37	run	run	NOUN
esutjss-269	67	38	.	.	PUNCT
esutjss-269	68	1	the	the	DET
esutjss-269	68	2	study	study	NOUN
esutjss-269	68	3	highlighted	highlight	VERB
esutjss-269	68	4	that	that	SCONJ
esutjss-269	68	5	the	the	DET
esutjss-269	68	6	negative	negative	ADJ
esutjss-269	68	7	effect	effect	NOUN
esutjss-269	68	8	of	of	ADP
esutjss-269	68	9	external	external	ADJ
esutjss-269	68	10	debt	debt	NOUN
esutjss-269	68	11	became	become	VERB
esutjss-269	68	12	evident	evident	ADJ
esutjss-269	68	13	when	when	SCONJ
esutjss-269	68	14	the	the	DET
esutjss-269	68	15	debt	debt	NOUN
esutjss-269	68	16	-	-	PUNCT
esutjss-269	68	17	to	to	ADP
esutjss-269	68	18	-	-	PUNCT
esutjss-269	68	19	gdp	gdp	NOUN
esutjss-269	68	20	ratio	ratio	NOUN
esutjss-269	68	21	exceeded	exceed	VERB
esutjss-269	68	22	40	40	NUM
esutjss-269	68	23	%	%	NOUN
esutjss-269	68	24	.	.	PUNCT
esutjss-269	69	1	the	the	DET
esutjss-269	69	2	study	study	NOUN
esutjss-269	69	3	emphasized	emphasize	VERB
esutjss-269	69	4	the	the	DET
esutjss-269	69	5	importance	importance	NOUN
esutjss-269	69	6	of	of	ADP
esutjss-269	69	7	debt	debt	NOUN
esutjss-269	69	8	management	management	NOUN
esutjss-269	69	9	strategies	strategy	NOUN
esutjss-269	69	10	that	that	PRON
esutjss-269	69	11	focused	focus	VERB
esutjss-269	69	12	on	on	ADP
esutjss-269	69	13	reducing	reduce	VERB
esutjss-269	69	14	debt	debt	NOUN
esutjss-269	69	15	servicing	servicing	NOUN
esutjss-269	69	16	costs	cost	NOUN
esutjss-269	69	17	.	.	PUNCT
esutjss-269	70	1	86	86	NUM
esutjss-269	70	2	akinlo	akinlo	NOUN
esutjss-269	70	3	and	and	CCONJ
esutjss-269	70	4	lawal	lawal	PROPN
esutjss-269	70	5	(	(	PUNCT
esutjss-269	70	6	2024	2024	NUM
esutjss-269	70	7	)	)	PUNCT
esutjss-269	70	8	explored	explore	VERB
esutjss-269	70	9	the	the	DET
esutjss-269	70	10	link	link	NOUN
esutjss-269	70	11	between	between	ADP
esutjss-269	70	12	external	external	ADJ
esutjss-269	70	13	debt	debt	NOUN
esutjss-269	70	14	and	and	CCONJ
esutjss-269	70	15	economic	economic	ADJ
esutjss-269	70	16	growth	growth	NOUN
esutjss-269	70	17	in	in	ADP
esutjss-269	70	18	nigeria	nigeria	PROPN
esutjss-269	70	19	using	use	VERB
esutjss-269	70	20	a	a	DET
esutjss-269	70	21	time	time	NOUN
esutjss-269	70	22	-	-	PUNCT
esutjss-269	70	23	series	series	NOUN
esutjss-269	70	24	analysis	analysis	NOUN
esutjss-269	70	25	from	from	ADP
esutjss-269	70	26	1995	1995	NUM
esutjss-269	70	27	to	to	ADP
esutjss-269	70	28	2022	2022	NUM
esutjss-269	70	29	.	.	PUNCT
esutjss-269	71	1	the	the	DET
esutjss-269	71	2	authors	author	NOUN
esutjss-269	71	3	applied	apply	VERB
esutjss-269	71	4	the	the	DET
esutjss-269	71	5	autoregressive	autoregressive	ADJ
esutjss-269	71	6	distributed	distribute	VERB
esutjss-269	71	7	lag	lag	NOUN
esutjss-269	71	8	approach(ardl	approach(ardl	NOUN
esutjss-269	71	9	)	)	PUNCT
esutjss-269	71	10	bounds	bound	VERB
esutjss-269	71	11	testing	test	VERB
esutjss-269	71	12	approach	approach	NOUN
esutjss-269	71	13	and	and	CCONJ
esutjss-269	71	14	showed	show	VERB
esutjss-269	71	15	that	that	SCONJ
esutjss-269	71	16	external	external	ADJ
esutjss-269	71	17	debt	debt	NOUN
esutjss-269	71	18	had	have	VERB
esutjss-269	71	19	a	a	DET
esutjss-269	71	20	statistically	statistically	ADV
esutjss-269	71	21	significant	significant	ADJ
esutjss-269	71	22	positive	positive	ADJ
esutjss-269	71	23	impact	impact	NOUN
esutjss-269	71	24	on	on	ADP
esutjss-269	71	25	nigeria	nigeria	PROPN
esutjss-269	71	26	’s	’s	PART
esutjss-269	71	27	economic	economic	ADJ
esutjss-269	71	28	growth	growth	NOUN
esutjss-269	71	29	in	in	ADP
esutjss-269	71	30	the	the	DET
esutjss-269	71	31	short	short	ADJ
esutjss-269	71	32	run	run	NOUN
esutjss-269	71	33	,	,	PUNCT
esutjss-269	71	34	but	but	CCONJ
esutjss-269	71	35	its	its	PRON
esutjss-269	71	36	long	long	ADJ
esutjss-269	71	37	-	-	PUNCT
esutjss-269	71	38	term	term	NOUN
esutjss-269	71	39	impact	impact	NOUN
esutjss-269	71	40	were	be	AUX
esutjss-269	71	41	negative	negative	ADJ
esutjss-269	71	42	due	due	ADP
esutjss-269	71	43	to	to	ADP
esutjss-269	71	44	the	the	DET
esutjss-269	71	45	high	high	ADJ
esutjss-269	71	46	cost	cost	NOUN
esutjss-269	71	47	of	of	ADP
esutjss-269	71	48	servicing	service	VERB
esutjss-269	71	49	external	external	ADJ
esutjss-269	71	50	debt	debt	NOUN
esutjss-269	71	51	.	.	PUNCT
esutjss-269	72	1	the	the	DET
esutjss-269	72	2	study	study	NOUN
esutjss-269	72	3	argued	argue	VERB
esutjss-269	72	4	that	that	SCONJ
esutjss-269	72	5	external	external	ADJ
esutjss-269	72	6	debt	debt	NOUN
esutjss-269	72	7	should	should	AUX
esutjss-269	72	8	only	only	ADV
esutjss-269	72	9	be	be	AUX
esutjss-269	72	10	used	use	VERB
esutjss-269	72	11	for	for	ADP
esutjss-269	72	12	projects	project	NOUN
esutjss-269	72	13	that	that	PRON
esutjss-269	72	14	generate	generate	VERB
esutjss-269	72	15	high	high	ADJ
esutjss-269	72	16	returns	return	NOUN
esutjss-269	72	17	to	to	PART
esutjss-269	72	18	mitigate	mitigate	VERB
esutjss-269	72	19	the	the	DET
esutjss-269	72	20	long	long	ADJ
esutjss-269	72	21	-	-	PUNCT
esutjss-269	72	22	term	term	NOUN
esutjss-269	72	23	negative	negative	ADJ
esutjss-269	72	24	impact	impact	NOUN
esutjss-269	72	25	of	of	ADP
esutjss-269	72	26	debt	debt	NOUN
esutjss-269	72	27	servicing	servicing	NOUN
esutjss-269	72	28	.	.	PUNCT
esutjss-269	73	1	ibrahim	ibrahim	PROPN
esutjss-269	73	2	and	and	CCONJ
esutjss-269	73	3	mohammed	mohammed	PROPN
esutjss-269	73	4	(	(	PUNCT
esutjss-269	73	5	2025	2025	NUM
esutjss-269	73	6	)	)	PUNCT
esutjss-269	73	7	examined	examine	VERB
esutjss-269	73	8	the	the	DET
esutjss-269	73	9	impact	impact	NOUN
esutjss-269	73	10	of	of	ADP
esutjss-269	73	11	external	external	ADJ
esutjss-269	73	12	debt	debt	NOUN
esutjss-269	73	13	on	on	ADP
esutjss-269	73	14	economic	economic	ADJ
esutjss-269	73	15	growth	growth	NOUN
esutjss-269	73	16	in	in	ADP
esutjss-269	73	17	the	the	DET
esutjss-269	73	18	context	context	NOUN
esutjss-269	73	19	of	of	ADP
esutjss-269	73	20	nigeria	nigeria	PROPN
esutjss-269	73	21	’s	’s	PART
esutjss-269	73	22	oil	oil	NOUN
esutjss-269	73	23	-	-	PUNCT
esutjss-269	73	24	dependent	dependent	ADJ
esutjss-269	73	25	economy	economy	NOUN
esutjss-269	73	26	.	.	PUNCT
esutjss-269	74	1	using	use	VERB
esutjss-269	74	2	quarterly	quarterly	ADJ
esutjss-269	74	3	data	datum	NOUN
esutjss-269	74	4	from	from	ADP
esutjss-269	74	5	2005	2005	NUM
esutjss-269	74	6	to	to	ADP
esutjss-269	74	7	2023	2023	NUM
esutjss-269	74	8	and	and	CCONJ
esutjss-269	74	9	applying	apply	VERB
esutjss-269	74	10	the	the	DET
esutjss-269	74	11	error	error	NOUN
esutjss-269	74	12	correction	correction	NOUN
esutjss-269	74	13	model	model	NOUN
esutjss-269	74	14	(	(	PUNCT
esutjss-269	74	15	ecm	ecm	PROPN
esutjss-269	74	16	)	)	PUNCT
esutjss-269	74	17	approach	approach	NOUN
esutjss-269	74	18	,	,	PUNCT
esutjss-269	74	19	the	the	DET
esutjss-269	74	20	study	study	NOUN
esutjss-269	74	21	showed	show	VERB
esutjss-269	74	22	that	that	SCONJ
esutjss-269	74	23	external	external	ADJ
esutjss-269	74	24	debt	debt	NOUN
esutjss-269	74	25	negatively	negatively	ADV
esutjss-269	74	26	impacted	impact	VERB
esutjss-269	74	27	economic	economic	ADJ
esutjss-269	74	28	growth	growth	NOUN
esutjss-269	74	29	,	,	PUNCT
esutjss-269	74	30	particularly	particularly	ADV
esutjss-269	74	31	during	during	ADP
esutjss-269	74	32	periods	period	NOUN
esutjss-269	74	33	of	of	ADP
esutjss-269	74	34	low	low	ADJ
esutjss-269	74	35	oil	oil	NOUN
esutjss-269	74	36	prices	price	NOUN
esutjss-269	74	37	.	.	PUNCT
esutjss-269	75	1	the	the	DET
esutjss-269	75	2	authors	author	NOUN
esutjss-269	75	3	suggested	suggest	VERB
esutjss-269	75	4	that	that	SCONJ
esutjss-269	75	5	nigeria	nigeria	PROPN
esutjss-269	75	6	should	should	AUX
esutjss-269	75	7	diversify	diversify	VERB
esutjss-269	75	8	its	its	PRON
esutjss-269	75	9	sources	source	NOUN
esutjss-269	75	10	of	of	ADP
esutjss-269	75	11	revenue	revenue	NOUN
esutjss-269	75	12	and	and	CCONJ
esutjss-269	75	13	focus	focus	VERB
esutjss-269	75	14	on	on	ADP
esutjss-269	75	15	improving	improve	VERB
esutjss-269	75	16	domestic	domestic	ADJ
esutjss-269	75	17	savings	saving	NOUN
esutjss-269	75	18	to	to	PART
esutjss-269	75	19	reduce	reduce	VERB
esutjss-269	75	20	reliance	reliance	NOUN
esutjss-269	75	21	on	on	ADP
esutjss-269	75	22	external	external	ADJ
esutjss-269	75	23	debt	debt	NOUN
esutjss-269	75	24	for	for	ADP
esutjss-269	75	25	financing	financing	NOUN
esutjss-269	75	26	.	.	PUNCT
esutjss-269	76	1	abdullahi	abdullahi	PROPN
esutjss-269	76	2	and	and	CCONJ
esutjss-269	76	3	bello	bello	PROPN
esutjss-269	76	4	(	(	PUNCT
esutjss-269	76	5	2025	2025	NUM
esutjss-269	76	6	)	)	PUNCT
esutjss-269	76	7	investigated	investigate	VERB
esutjss-269	76	8	the	the	DET
esutjss-269	76	9	dynamics	dynamic	NOUN
esutjss-269	76	10	between	between	ADP
esutjss-269	76	11	external	external	ADJ
esutjss-269	76	12	debt	debt	NOUN
esutjss-269	76	13	and	and	CCONJ
esutjss-269	76	14	economic	economic	ADJ
esutjss-269	76	15	growth	growth	NOUN
esutjss-269	76	16	in	in	ADP
esutjss-269	76	17	nigeria	nigeria	PROPN
esutjss-269	76	18	,	,	PUNCT
esutjss-269	76	19	focusing	focus	VERB
esutjss-269	76	20	on	on	ADP
esutjss-269	76	21	the	the	DET
esutjss-269	76	22	role	role	NOUN
esutjss-269	76	23	of	of	ADP
esutjss-269	76	24	external	external	ADJ
esutjss-269	76	25	debt	debt	NOUN
esutjss-269	76	26	in	in	ADP
esutjss-269	76	27	economic	economic	ADJ
esutjss-269	76	28	stabilization	stabilization	NOUN
esutjss-269	76	29	.	.	PUNCT
esutjss-269	77	1	the	the	DET
esutjss-269	77	2	study	study	NOUN
esutjss-269	77	3	used	use	VERB
esutjss-269	77	4	a	a	DET
esutjss-269	77	5	vector	vector	NOUN
esutjss-269	77	6	autoregressive	autoregressive	ADJ
esutjss-269	77	7	(	(	PUNCT
esutjss-269	77	8	var	var	NOUN
esutjss-269	77	9	)	)	PUNCT
esutjss-269	77	10	model	model	NOUN
esutjss-269	77	11	and	and	CCONJ
esutjss-269	77	12	data	datum	NOUN
esutjss-269	77	13	spanning	span	VERB
esutjss-269	77	14	from	from	ADP
esutjss-269	77	15	1999	1999	NUM
esutjss-269	77	16	to	to	ADP
esutjss-269	77	17	2023	2023	NUM
esutjss-269	77	18	.	.	PUNCT
esutjss-269	78	1	the	the	DET
esutjss-269	78	2	finding	finding	NOUN
esutjss-269	78	3	showed	show	VERB
esutjss-269	78	4	that	that	SCONJ
esutjss-269	78	5	external	external	ADJ
esutjss-269	78	6	debt	debt	NOUN
esutjss-269	78	7	contributed	contribute	VERB
esutjss-269	78	8	positively	positively	ADV
esutjss-269	78	9	to	to	ADP
esutjss-269	78	10	economic	economic	ADJ
esutjss-269	78	11	growth	growth	NOUN
esutjss-269	78	12	in	in	ADP
esutjss-269	78	13	the	the	DET
esutjss-269	78	14	short	short	ADJ
esutjss-269	78	15	run	run	NOUN
esutjss-269	78	16	,	,	PUNCT
esutjss-269	78	17	but	but	CCONJ
esutjss-269	78	18	the	the	DET
esutjss-269	78	19	long	long	ADJ
esutjss-269	78	20	-	-	PUNCT
esutjss-269	78	21	term	term	NOUN
esutjss-269	78	22	impact	impact	NOUN
esutjss-269	78	23	was	be	AUX
esutjss-269	78	24	negative	negative	ADJ
esutjss-269	78	25	due	due	ADP
esutjss-269	78	26	to	to	ADP
esutjss-269	78	27	the	the	DET
esutjss-269	78	28	rising	rise	VERB
esutjss-269	78	29	burden	burden	NOUN
esutjss-269	78	30	of	of	ADP
esutjss-269	78	31	debt	debt	NOUN
esutjss-269	78	32	servicing	servicing	NOUN
esutjss-269	78	33	.	.	PUNCT
esutjss-269	79	1	the	the	DET
esutjss-269	79	2	authors	author	NOUN
esutjss-269	79	3	recommended	recommend	VERB
esutjss-269	79	4	that	that	SCONJ
esutjss-269	79	5	nigeria	nigeria	PROPN
esutjss-269	79	6	should	should	AUX
esutjss-269	79	7	adopt	adopt	VERB
esutjss-269	79	8	a	a	DET
esutjss-269	79	9	more	more	ADV
esutjss-269	79	10	sustainable	sustainable	ADJ
esutjss-269	79	11	debt	debt	NOUN
esutjss-269	79	12	strategy	strategy	NOUN
esutjss-269	79	13	,	,	PUNCT
esutjss-269	79	14	emphasizing	emphasize	VERB
esutjss-269	79	15	the	the	DET
esutjss-269	79	16	need	need	NOUN
esutjss-269	79	17	for	for	ADP
esutjss-269	79	18	greater	great	ADJ
esutjss-269	79	19	accountability	accountability	NOUN
esutjss-269	79	20	in	in	ADP
esutjss-269	79	21	the	the	DET
esutjss-269	79	22	management	management	NOUN
esutjss-269	79	23	of	of	ADP
esutjss-269	79	24	borrowed	borrow	VERB
esutjss-269	79	25	funds	fund	NOUN
esutjss-269	79	26	.	.	PUNCT
esutjss-269	80	1	3.1	3.1	NUM
esutjss-269	80	2	knowledge	knowledge	NOUN
esutjss-269	80	3	gap	gap	NOUN
esutjss-269	80	4	with	with	ADP
esutjss-269	80	5	the	the	DET
esutjss-269	80	6	exception	exception	NOUN
esutjss-269	80	7	of	of	ADP
esutjss-269	80	8	ogunleye	ogunleye	NOUN
esutjss-269	80	9	and	and	CCONJ
esutjss-269	80	10	olajide(2024	olajide(2024	NUM
esutjss-269	80	11	)	)	PUNCT
esutjss-269	80	12	that	that	PRON
esutjss-269	80	13	was	be	AUX
esutjss-269	80	14	focused	focus	VERB
esutjss-269	80	15	on	on	ADP
esutjss-269	80	16	africa	africa	PROPN
esutjss-269	80	17	,	,	PUNCT
esutjss-269	80	18	using	use	VERB
esutjss-269	80	19	panel	panel	NOUN
esutjss-269	80	20	data	datum	NOUN
esutjss-269	80	21	approach	approach	NOUN
esutjss-269	80	22	,	,	PUNCT
esutjss-269	80	23	the	the	DET
esutjss-269	80	24	most	most	ADV
esutjss-269	80	25	current	current	ADJ
esutjss-269	80	26	reviewed	review	VERB
esutjss-269	80	27	studies	study	NOUN
esutjss-269	80	28	(	(	PUNCT
esutjss-269	80	29	ojo	ojo	NOUN
esutjss-269	80	30	&	&	CCONJ
esutjss-269	80	31	ayodele	ayodele	PROPN
esutjss-269	80	32	,	,	PUNCT
esutjss-269	80	33	2023	2023	NUM
esutjss-269	80	34	;	;	PUNCT
esutjss-269	80	35	aliyu	aliyu	NOUN
esutjss-269	80	36	&	&	CCONJ
esutjss-269	80	37	usman	usman	PROPN
esutjss-269	80	38	,	,	PUNCT
esutjss-269	80	39	2023	2023	NUM
esutjss-269	80	40	;	;	PUNCT
esutjss-269	80	41	suleiman	suleiman	PROPN
esutjss-269	80	42	&	&	CCONJ
esutjss-269	80	43	mustapha	mustapha	PROPN
esutjss-269	80	44	,	,	PUNCT
esutjss-269	80	45	2023	2023	NUM
esutjss-269	80	46	,	,	PUNCT
esutjss-269	80	47	akinlo	akinlo	PROPN
esutjss-269	80	48	&	&	CCONJ
esutjss-269	80	49	lawal	lawal	PROPN
esutjss-269	80	50	,	,	PUNCT
esutjss-269	80	51	2024	2024	NUM
esutjss-269	80	52	,	,	PUNCT
esutjss-269	80	53	ibrahim	ibrahim	PROPN
esutjss-269	80	54	&	&	CCONJ
esutjss-269	80	55	mohammed	mohammed	PROPN
esutjss-269	80	56	,	,	PUNCT
esutjss-269	80	57	2025	2025	NUM
esutjss-269	80	58	)	)	PUNCT
esutjss-269	80	59	focused	focus	VERB
esutjss-269	80	60	on	on	ADP
esutjss-269	80	61	the	the	DET
esutjss-269	80	62	nigerian	nigerian	ADJ
esutjss-269	80	63	economy	economy	NOUN
esutjss-269	80	64	.	.	PUNCT
esutjss-269	81	1	this	this	DET
esutjss-269	81	2	study	study	NOUN
esutjss-269	81	3	is	be	AUX
esutjss-269	81	4	also	also	ADV
esutjss-269	81	5	focused	focus	VERB
esutjss-269	81	6	on	on	ADP
esutjss-269	81	7	nigeria	nigeria	PROPN
esutjss-269	81	8	.	.	PUNCT
esutjss-269	82	1	unlike	unlike	ADP
esutjss-269	82	2	the	the	DET
esutjss-269	82	3	previous	previous	ADJ
esutjss-269	82	4	reviewed	review	VERB
esutjss-269	82	5	empirical	empirical	ADJ
esutjss-269	82	6	studies	study	NOUN
esutjss-269	82	7	,	,	PUNCT
esutjss-269	82	8	this	this	DET
esutjss-269	82	9	study	study	NOUN
esutjss-269	82	10	presents	present	VERB
esutjss-269	82	11	some	some	DET
esutjss-269	82	12	stylized	stylize	VERB
esutjss-269	82	13	facts	fact	NOUN
esutjss-269	82	14	on	on	ADP
esutjss-269	82	15	the	the	DET
esutjss-269	82	16	real	real	ADJ
esutjss-269	82	17	external	external	ADJ
esutjss-269	82	18	debt	debt	NOUN
esutjss-269	82	19	sustainability	sustainability	NOUN
esutjss-269	82	20	using	use	VERB
esutjss-269	82	21	the	the	DET
esutjss-269	82	22	most	most	ADV
esutjss-269	82	23	current	current	ADJ
esutjss-269	82	24	macroeconomic	macroeconomic	ADJ
esutjss-269	82	25	debt	debt	NOUN
esutjss-269	82	26	sustainability	sustainability	NOUN
esutjss-269	82	27	analysis	analysis	NOUN
esutjss-269	82	28	of	of	ADP
esutjss-269	82	29	the	the	DET
esutjss-269	82	30	debt	debt	NOUN
esutjss-269	82	31	management	management	NOUN
esutjss-269	82	32	office	office	NOUN
esutjss-269	82	33	(	(	PUNCT
esutjss-269	82	34	dmo	dmo	NOUN
esutjss-269	82	35	)	)	PUNCT
esutjss-269	82	36	thereby	thereby	ADV
esutjss-269	82	37	giving	give	VERB
esutjss-269	82	38	facts	fact	NOUN
esutjss-269	82	39	behind	behind	ADP
esutjss-269	82	40	external	external	ADJ
esutjss-269	82	41	debt	debt	NOUN
esutjss-269	82	42	sustainability	sustainability	NOUN
esutjss-269	82	43	analysis	analysis	NOUN
esutjss-269	82	44	in	in	ADP
esutjss-269	82	45	nigeria	nigeria	PROPN
esutjss-269	82	46	.	.	PUNCT
esutjss-269	83	1	while	while	SCONJ
esutjss-269	83	2	majority	majority	NOUN
esutjss-269	83	3	of	of	ADP
esutjss-269	83	4	the	the	DET
esutjss-269	83	5	reviewed	review	VERB
esutjss-269	83	6	studies	study	NOUN
esutjss-269	83	7	used	use	VERB
esutjss-269	83	8	granger	granger	PROPN
esutjss-269	83	9	causality	causality	PROPN
esutjss-269	83	10	test	test	NOUN
esutjss-269	83	11	approach	approach	NOUN
esutjss-269	83	12	,	,	PUNCT
esutjss-269	83	13	co	co	NOUN
esutjss-269	83	14	integration	integration	NOUN
esutjss-269	83	15	and	and	CCONJ
esutjss-269	83	16	error	error	NOUN
esutjss-269	83	17	correction	correction	NOUN
esutjss-269	83	18	model	model	NOUN
esutjss-269	83	19	approach	approach	NOUN
esutjss-269	83	20	,	,	PUNCT
esutjss-269	83	21	vector	vector	NOUN
esutjss-269	83	22	autoregressive	autoregressive	ADJ
esutjss-269	83	23	approach	approach	NOUN
esutjss-269	83	24	and	and	CCONJ
esutjss-269	83	25	panel	panel	NOUN
esutjss-269	83	26	fixed	fix	VERB
esutjss-269	83	27	effect	effect	NOUN
esutjss-269	83	28	approach	approach	NOUN
esutjss-269	83	29	,	,	PUNCT
esutjss-269	83	30	this	this	DET
esutjss-269	83	31	study	study	NOUN
esutjss-269	83	32	used	use	VERB
esutjss-269	83	33	the	the	DET
esutjss-269	83	34	co	co	NOUN
esutjss-269	83	35	-	-	NOUN
esutjss-269	83	36	integration	integration	NOUN
esutjss-269	83	37	approach	approach	NOUN
esutjss-269	83	38	,	,	PUNCT
esutjss-269	83	39	the	the	DET
esutjss-269	83	40	most	most	ADV
esutjss-269	83	41	feasible	feasible	ADJ
esutjss-269	83	42	approach	approach	NOUN
esutjss-269	83	43	for	for	ADP
esutjss-269	83	44	measuring	measure	VERB
esutjss-269	83	45	sustainability	sustainability	NOUN
esutjss-269	83	46	,	,	PUNCT
esutjss-269	83	47	this	this	PRON
esutjss-269	83	48	is	be	AUX
esutjss-269	83	49	the	the	DET
esutjss-269	83	50	long	long	ADJ
esutjss-269	83	51	–	–	PUNCT
esutjss-269	83	52	run	run	NOUN
esutjss-269	83	53	relationship	relationship	NOUN
esutjss-269	83	54	.	.	PUNCT
esutjss-269	84	1	in	in	ADP
esutjss-269	84	2	terms	term	NOUN
esutjss-269	84	3	of	of	ADP
esutjss-269	84	4	variable	variable	ADJ
esutjss-269	84	5	utilization	utilization	NOUN
esutjss-269	84	6	,	,	PUNCT
esutjss-269	84	7	while	while	SCONJ
esutjss-269	84	8	this	this	DET
esutjss-269	84	9	study	study	NOUN
esutjss-269	84	10	used	use	VERB
esutjss-269	84	11	the	the	DET
esutjss-269	84	12	most	most	ADV
esutjss-269	84	13	related	relate	VERB
esutjss-269	84	14	proxy	proxy	NOUN
esutjss-269	84	15	,	,	PUNCT
esutjss-269	84	16	real	real	ADJ
esutjss-269	84	17	gross	gross	ADJ
esutjss-269	84	18	domestic	domestic	ADJ
esutjss-269	84	19	product	product	NOUN
esutjss-269	84	20	,	,	PUNCT
esutjss-269	84	21	debt	debt	NOUN
esutjss-269	84	22	-	-	PUNCT
esutjss-269	84	23	to	to	ADP
esutjss-269	84	24	-	-	PUNCT
esutjss-269	84	25	service	service	NOUN
esutjss-269	84	26	ratio	ratio	NOUN
esutjss-269	84	27	,	,	PUNCT
esutjss-269	84	28	debt	debt	NOUN
esutjss-269	84	29	-	-	PUNCT
esutjss-269	84	30	to	to	ADP
esutjss-269	84	31	-	-	PUNCT
esutjss-269	84	32	gdp	gdp	NOUN
esutjss-269	84	33	ratio	ratio	NOUN
esutjss-269	84	34	and	and	CCONJ
esutjss-269	84	35	government	government	NOUN
esutjss-269	84	36	expenditure	expenditure	NOUN
esutjss-269	84	37	as	as	ADP
esutjss-269	84	38	a	a	DET
esutjss-269	84	39	percentage	percentage	NOUN
esutjss-269	84	40	of	of	ADP
esutjss-269	84	41	gdp	gdp	NOUN
esutjss-269	84	42	,	,	PUNCT
esutjss-269	84	43	the	the	DET
esutjss-269	84	44	reviewed	review	VERB
esutjss-269	84	45	studies	study	NOUN
esutjss-269	84	46	used	use	VERB
esutjss-269	84	47	macroeconomics	macroeconomic	NOUN
esutjss-269	84	48	variables	variable	NOUN
esutjss-269	84	49	that	that	PRON
esutjss-269	84	50	may	may	AUX
esutjss-269	84	51	not	not	PART
esutjss-269	84	52	capture	capture	VERB
esutjss-269	84	53	debt	debt	NOUN
esutjss-269	84	54	sustainability	sustainability	NOUN
esutjss-269	84	55	.	.	PUNCT
esutjss-269	85	1	the	the	DET
esutjss-269	85	2	variables	variable	NOUN
esutjss-269	85	3	of	of	ADP
esutjss-269	85	4	this	this	DET
esutjss-269	85	5	study	study	NOUN
esutjss-269	85	6	served	serve	VERB
esutjss-269	85	7	the	the	DET
esutjss-269	85	8	knowledge	knowledge	NOUN
esutjss-269	85	9	gap	gap	NOUN
esutjss-269	85	10	purposes	purpose	NOUN
esutjss-269	85	11	.	.	PUNCT
esutjss-269	86	1	this	this	DET
esutjss-269	86	2	study	study	NOUN
esutjss-269	86	3	used	use	VERB
esutjss-269	86	4	the	the	DET
esutjss-269	86	5	debt	debt	NOUN
esutjss-269	86	6	overhang	overhang	NOUN
esutjss-269	86	7	and	and	CCONJ
esutjss-269	86	8	exogenous	exogenous	ADJ
esutjss-269	86	9	growth	growth	NOUN
esutjss-269	86	10	theories	theory	NOUN
esutjss-269	86	11	,	,	PUNCT
esutjss-269	86	12	unlike	unlike	ADP
esutjss-269	86	13	previous	previous	ADJ
esutjss-269	86	14	studies	study	NOUN
esutjss-269	86	15	that	that	PRON
esutjss-269	86	16	relied	rely	VERB
esutjss-269	86	17	only	only	ADV
esutjss-269	86	18	on	on	ADP
esutjss-269	86	19	the	the	DET
esutjss-269	86	20	economic	economic	ADJ
esutjss-269	86	21	growth	growth	NOUN
esutjss-269	86	22	theories	theory	NOUN
esutjss-269	86	23	only	only	ADV
esutjss-269	86	24	,	,	PUNCT
esutjss-269	86	25	thereby	thereby	ADV
esutjss-269	86	26	subjecting	subject	VERB
esutjss-269	86	27	the	the	DET
esutjss-269	86	28	theoretical	theoretical	ADJ
esutjss-269	86	29	relevance	relevance	NOUN
esutjss-269	86	30	of	of	ADP
esutjss-269	86	31	the	the	DET
esutjss-269	86	32	topic	topic	NOUN
esutjss-269	86	33	on	on	ADP
esutjss-269	86	34	debt	debt	NOUN
esutjss-269	86	35	sustainability	sustainability	NOUN
esutjss-269	86	36	and	and	CCONJ
esutjss-269	86	37	economic	economic	ADJ
esutjss-269	86	38	growth	growth	NOUN
esutjss-269	86	39	one	one	NUM
esutjss-269	86	40	-	-	PUNCT
esutjss-269	86	41	sideaffair	sideaffair	NOUN
esutjss-269	86	42	.	.	PUNCT
esutjss-269	87	1	this	this	PRON
esutjss-269	87	2	serves	serve	VERB
esutjss-269	87	3	the	the	DET
esutjss-269	87	4	purposes	purpose	NOUN
esutjss-269	87	5	of	of	ADP
esutjss-269	87	6	bridging	bridge	VERB
esutjss-269	87	7	the	the	DET
esutjss-269	87	8	knowledge	knowledge	NOUN
esutjss-269	87	9	gap	gap	NOUN
esutjss-269	87	10	.	.	PUNCT
esutjss-269	88	1	the	the	DET
esutjss-269	88	2	most	most	ADV
esutjss-269	88	3	recent	recent	ADJ
esutjss-269	88	4	of	of	ADP
esutjss-269	88	5	reviewed	review	VERB
esutjss-269	88	6	studies	study	NOUN
esutjss-269	88	7	,	,	PUNCT
esutjss-269	88	8	majority	majority	NOUN
esutjss-269	88	9	of	of	ADP
esutjss-269	88	10	the	the	DET
esutjss-269	88	11	87	87	NUM
esutjss-269	88	12	reviewed	review	VERB
esutjss-269	88	13	works	work	NOUN
esutjss-269	88	14	were	be	AUX
esutjss-269	88	15	done	do	VERB
esutjss-269	88	16	earlier	early	ADV
esutjss-269	88	17	in	in	ADP
esutjss-269	88	18	the	the	DET
esutjss-269	88	19	year	year	NOUN
esutjss-269	88	20	2025	2025	NUM
esutjss-269	88	21	than	than	ADP
esutjss-269	88	22	now	now	ADV
esutjss-269	88	23	.	.	PUNCT
esutjss-269	89	1	overall	overall	ADJ
esutjss-269	89	2	this	this	DET
esutjss-269	89	3	study	study	NOUN
esutjss-269	89	4	on	on	ADP
esutjss-269	89	5	the	the	DET
esutjss-269	89	6	impact	impact	NOUN
esutjss-269	89	7	of	of	ADP
esutjss-269	89	8	external	external	ADJ
esutjss-269	89	9	debt	debt	NOUN
esutjss-269	89	10	sustainability	sustainability	NOUN
esutjss-269	89	11	and	and	CCONJ
esutjss-269	89	12	economic	economic	ADJ
esutjss-269	89	13	growth	growth	NOUN
esutjss-269	89	14	has	have	AUX
esutjss-269	89	15	contributed	contribute	VERB
esutjss-269	89	16	to	to	ADP
esutjss-269	89	17	the	the	DET
esutjss-269	89	18	body	body	NOUN
esutjss-269	89	19	of	of	ADP
esutjss-269	89	20	economic	economic	ADJ
esutjss-269	89	21	knowledge	knowledge	NOUN
esutjss-269	89	22	theoretically	theoretically	ADV
esutjss-269	89	23	,	,	PUNCT
esutjss-269	89	24	empirically	empirically	ADV
esutjss-269	89	25	and	and	CCONJ
esutjss-269	89	26	pragmatically	pragmatically	ADV
esutjss-269	89	27	since	since	SCONJ
esutjss-269	89	28	there	there	PRON
esutjss-269	89	29	are	be	VERB
esutjss-269	89	30	economic	economic	ADJ
esutjss-269	89	31	policy	policy	NOUN
esutjss-269	89	32	suggestions	suggestion	NOUN
esutjss-269	89	33	to	to	PART
esutjss-269	89	34	improve	improve	VERB
esutjss-269	89	35	on	on	ADP
esutjss-269	89	36	external	external	ADJ
esutjss-269	89	37	debt	debt	NOUN
esutjss-269	89	38	sustainability	sustainability	NOUN
esutjss-269	89	39	and	and	CCONJ
esutjss-269	89	40	economic	economic	ADJ
esutjss-269	89	41	growth	growth	NOUN
esutjss-269	89	42	.	.	PUNCT
esutjss-269	90	1	4	4	NUM
esutjss-269	90	2	theoretical	theoretical	ADJ
esutjss-269	90	3	framework	framework	NOUN
esutjss-269	90	4	,	,	PUNCT
esutjss-269	90	5	model	model	NOUN
esutjss-269	90	6	specification	specification	NOUN
esutjss-269	90	7	and	and	CCONJ
esutjss-269	90	8	methodology	methodology	NOUN
esutjss-269	90	9	this	this	DET
esutjss-269	90	10	paper	paper	NOUN
esutjss-269	90	11	is	be	AUX
esutjss-269	90	12	anchored	anchor	VERB
esutjss-269	90	13	on	on	ADP
esutjss-269	90	14	the	the	DET
esutjss-269	90	15	exogenous	exogenous	ADJ
esutjss-269	90	16	growth	growth	NOUN
esutjss-269	90	17	and	and	CCONJ
esutjss-269	90	18	the	the	DET
esutjss-269	90	19	debt	debt	NOUN
esutjss-269	90	20	overhang	overhang	NOUN
esutjss-269	90	21	theories	theory	NOUN
esutjss-269	90	22	.	.	PUNCT
esutjss-269	91	1	exogenous	exogenous	ADJ
esutjss-269	91	2	growth	growth	NOUN
esutjss-269	91	3	theory	theory	NOUN
esutjss-269	91	4	,	,	PUNCT
esutjss-269	91	5	often	often	ADV
esutjss-269	91	6	represented	represent	VERB
esutjss-269	91	7	by	by	ADP
esutjss-269	91	8	the	the	DET
esutjss-269	91	9	solow	solow	PROPN
esutjss-269	91	10	-	-	PUNCT
esutjss-269	91	11	swan	swan	PROPN
esutjss-269	91	12	model	model	NOUN
esutjss-269	91	13	.	.	PUNCT
esutjss-269	92	1	public	public	ADJ
esutjss-269	92	2	expenditure	expenditure	NOUN
esutjss-269	92	3	and	and	CCONJ
esutjss-269	92	4	debt	debt	NOUN
esutjss-269	92	5	sustainability	sustainability	NOUN
esutjss-269	92	6	,	,	PUNCT
esutjss-269	92	7	while	while	SCONJ
esutjss-269	92	8	seemingly	seemingly	ADV
esutjss-269	92	9	exogenous	exogenous	ADJ
esutjss-269	92	10	,	,	PUNCT
esutjss-269	92	11	can	can	AUX
esutjss-269	92	12	significantly	significantly	ADV
esutjss-269	92	13	impact	impact	VERB
esutjss-269	92	14	economic	economic	ADJ
esutjss-269	92	15	growth	growth	NOUN
esutjss-269	92	16	,	,	PUNCT
esutjss-269	92	17	with	with	ADP
esutjss-269	92	18	debt	debt	NOUN
esutjss-269	92	19	sustainability	sustainability	NOUN
esutjss-269	92	20	being	be	AUX
esutjss-269	92	21	crucial	crucial	ADJ
esutjss-269	92	22	for	for	ADP
esutjss-269	92	23	long	long	ADJ
esutjss-269	92	24	-	-	PUNCT
esutjss-269	92	25	term	term	NOUN
esutjss-269	92	26	stability	stability	NOUN
esutjss-269	92	27	and	and	CCONJ
esutjss-269	92	28	public	public	ADJ
esutjss-269	92	29	expenditure	expenditure	NOUN
esutjss-269	92	30	influencing	influence	VERB
esutjss-269	92	31	growth	growth	NOUN
esutjss-269	92	32	through	through	ADP
esutjss-269	92	33	investment	investment	NOUN
esutjss-269	92	34	and	and	CCONJ
esutjss-269	92	35	consumption	consumption	NOUN
esutjss-269	92	36	.	.	PUNCT
esutjss-269	93	1	the	the	DET
esutjss-269	93	2	model	model	NOUN
esutjss-269	93	3	this	this	DET
esutjss-269	93	4	paper	paper	NOUN
esutjss-269	93	5	intends	intend	VERB
esutjss-269	93	6	to	to	PART
esutjss-269	93	7	estimate	estimate	VERB
esutjss-269	93	8	is	be	AUX
esutjss-269	93	9	as	as	SCONJ
esutjss-269	93	10	follows	follow	VERB
esutjss-269	93	11	:	:	PUNCT
esutjss-269	93	12	4.1	4.1	NUM
esutjss-269	93	13	model	model	NOUN
esutjss-269	93	14	specification	specification	NOUN
esutjss-269	93	15	the	the	DET
esutjss-269	93	16	model	model	NOUN
esutjss-269	93	17	of	of	ADP
esutjss-269	93	18	this	this	DET
esutjss-269	93	19	paper	paper	NOUN
esutjss-269	93	20	is	be	AUX
esutjss-269	93	21	specified	specify	VERB
esutjss-269	93	22	as	as	ADP
esutjss-269	93	23	thus	thus	ADV
esutjss-269	93	24	:	:	PUNCT
esutjss-269	93	25	𝑅𝐺𝐷𝑃𝑡	𝑅𝐺𝐷𝑃𝑡	NOUN
esutjss-269	93	26	=	=	SYM
esutjss-269	93	27	𝑓(𝐷𝐵𝑇𝐺𝐷𝑃𝑡	𝑓(𝐷𝐵𝑇𝐺𝐷𝑃𝑡	NOUN
esutjss-269	93	28	,	,	PUNCT
esutjss-269	93	29	𝐷𝑆𝐸𝑅𝑉𝑡	𝐷𝑆𝐸𝑅𝑉𝑡	NOUN
esutjss-269	93	30	,	,	PUNCT
esutjss-269	93	31	𝑀𝑃𝑅𝑡	𝑀𝑃𝑅𝑡	NOUN
esutjss-269	93	32	,	,	PUNCT
esutjss-269	93	33	𝐺𝑂𝑉𝑇𝑡	𝐺𝑂𝑉𝑇𝑡	NOUN
esutjss-269	93	34	)	)	PUNCT
esutjss-269	93	35	(	(	PUNCT
esutjss-269	93	36	4.1	4.1	NUM
esutjss-269	93	37	)	)	PUNCT
esutjss-269	93	38	where	where	SCONJ
esutjss-269	93	39	rgdp	rgdp	NOUN
esutjss-269	93	40	is	be	AUX
esutjss-269	93	41	the	the	DET
esutjss-269	93	42	real	real	ADJ
esutjss-269	93	43	gross	gross	ADJ
esutjss-269	93	44	domestic	domestic	ADJ
esutjss-269	93	45	product	product	NOUN
esutjss-269	93	46	,	,	PUNCT
esutjss-269	93	47	proxy	proxy	NOUN
esutjss-269	93	48	for	for	ADP
esutjss-269	93	49	economic	economic	ADJ
esutjss-269	93	50	growth	growth	NOUN
esutjss-269	93	51	;	;	PUNCT
esutjss-269	93	52	dbtgdp	dbtgdp	NOUN
esutjss-269	93	53	is	be	AUX
esutjss-269	93	54	debtto	debtto	ADJ
esutjss-269	93	55	-	-	PUNCT
esutjss-269	93	56	gdp	gdp	NOUN
esutjss-269	93	57	,	,	PUNCT
esutjss-269	93	58	measure	measure	NOUN
esutjss-269	93	59	for	for	ADP
esutjss-269	93	60	debt	debt	NOUN
esutjss-269	93	61	sustainability	sustainability	NOUN
esutjss-269	93	62	;	;	PUNCT
esutjss-269	93	63	dserv	dserv	PROPN
esutjss-269	93	64	is	be	AUX
esutjss-269	93	65	debt	debt	NOUN
esutjss-269	93	66	-	-	PUNCT
esutjss-269	93	67	to	to	ADP
esutjss-269	93	68	-	-	PUNCT
esutjss-269	93	69	service	service	NOUN
esutjss-269	93	70	ratio	ratio	NOUN
esutjss-269	93	71	,	,	PUNCT
esutjss-269	93	72	proxy	proxy	NOUN
esutjss-269	93	73	for	for	ADP
esutjss-269	93	74	debt	debt	NOUN
esutjss-269	93	75	sustainability	sustainability	NOUN
esutjss-269	93	76	in	in	ADP
esutjss-269	93	77	line	line	NOUN
esutjss-269	93	78	with	with	ADP
esutjss-269	93	79	the	the	DET
esutjss-269	93	80	theoretical	theoretical	ADJ
esutjss-269	93	81	measures	measure	NOUN
esutjss-269	93	82	of	of	ADP
esutjss-269	93	83	debt	debt	NOUN
esutjss-269	93	84	sustainability	sustainability	NOUN
esutjss-269	93	85	.	.	PUNCT
esutjss-269	94	1	mpr	mpr	NOUN
esutjss-269	94	2	is	be	AUX
esutjss-269	94	3	the	the	DET
esutjss-269	94	4	central	central	ADJ
esutjss-269	94	5	bank	bank	PROPN
esutjss-269	94	6	of	of	ADP
esutjss-269	94	7	nigeria	nigeria	PROPN
esutjss-269	94	8	monetary	monetary	ADJ
esutjss-269	94	9	policy	policy	NOUN
esutjss-269	94	10	rate	rate	NOUN
esutjss-269	94	11	as	as	ADP
esutjss-269	94	12	a	a	DET
esutjss-269	94	13	control	control	NOUN
esutjss-269	94	14	variable	variable	NOUN
esutjss-269	94	15	and	and	CCONJ
esutjss-269	94	16	government	government	NOUN
esutjss-269	94	17	expenditure	expenditure	NOUN
esutjss-269	94	18	.	.	PUNCT
esutjss-269	95	1	government	government	NOUN
esutjss-269	95	2	expenditure	expenditure	NOUN
esutjss-269	95	3	and	and	CCONJ
esutjss-269	95	4	debt	debt	NOUN
esutjss-269	95	5	sustainability	sustainability	NOUN
esutjss-269	95	6	are	be	AUX
esutjss-269	95	7	intertwined	intertwine	VERB
esutjss-269	95	8	with	with	ADP
esutjss-269	95	9	economic	economic	ADJ
esutjss-269	95	10	growth	growth	NOUN
esutjss-269	95	11	,	,	PUNCT
esutjss-269	95	12	where	where	SCONJ
esutjss-269	95	13	responsible	responsible	ADJ
esutjss-269	95	14	fiscal	fiscal	ADJ
esutjss-269	95	15	policies	policy	NOUN
esutjss-269	95	16	the	the	DET
esutjss-269	95	17	explicit	explicit	ADJ
esutjss-269	95	18	panel	panel	NOUN
esutjss-269	95	19	econometric	econometric	ADJ
esutjss-269	95	20	and	and	CCONJ
esutjss-269	95	21	debt	debt	NOUN
esutjss-269	95	22	management	management	NOUN
esutjss-269	95	23	are	be	AUX
esutjss-269	95	24	crucial	crucial	ADJ
esutjss-269	95	25	for	for	ADP
esutjss-269	95	26	long	long	ADJ
esutjss-269	95	27	-	-	PUNCT
esutjss-269	95	28	term	term	NOUN
esutjss-269	95	29	prosperity	prosperity	NOUN
esutjss-269	95	30	,	,	PUNCT
esutjss-269	95	31	while	while	SCONJ
esutjss-269	95	32	increased	increase	VERB
esutjss-269	95	33	government	government	NOUN
esutjss-269	95	34	spending	spending	NOUN
esutjss-269	95	35	can	can	AUX
esutjss-269	95	36	stimulate	stimulate	VERB
esutjss-269	95	37	short	short	ADJ
esutjss-269	95	38	-	-	PUNCT
esutjss-269	95	39	term	term	NOUN
esutjss-269	95	40	growth	growth	NOUN
esutjss-269	95	41	,	,	PUNCT
esutjss-269	95	42	excessive	excessive	ADJ
esutjss-269	95	43	debt	debt	NOUN
esutjss-269	95	44	can	can	AUX
esutjss-269	95	45	lead	lead	VERB
esutjss-269	95	46	to	to	ADP
esutjss-269	95	47	crowding	crowd	VERB
esutjss-269	95	48	out	out	ADP
esutjss-269	95	49	private	private	ADJ
esutjss-269	95	50	investment	investment	NOUN
esutjss-269	95	51	and	and	CCONJ
esutjss-269	95	52	hinder	hinder	VERB
esutjss-269	95	53	long	long	ADJ
esutjss-269	95	54	-	-	PUNCT
esutjss-269	95	55	term	term	NOUN
esutjss-269	95	56	economic	economic	ADJ
esutjss-269	95	57	expansion	expansion	NOUN
esutjss-269	95	58	:	:	PUNCT
esutjss-269	95	59	equation	equation	NOUN
esutjss-269	95	60	4.1	4.1	NUM
esutjss-269	95	61	can	can	AUX
esutjss-269	95	62	be	be	AUX
esutjss-269	95	63	re	re	VERB
esutjss-269	95	64	-	-	VERB
esutjss-269	95	65	specified	specify	VERB
esutjss-269	95	66	to	to	PART
esutjss-269	95	67	take	take	VERB
esutjss-269	95	68	in	in	ADP
esutjss-269	95	69	estimable	estimable	ADJ
esutjss-269	95	70	econometric	econometric	ADJ
esutjss-269	95	71	format	format	NOUN
esutjss-269	95	72	as	as	SCONJ
esutjss-269	95	73	represented	represent	VERB
esutjss-269	95	74	in	in	ADP
esutjss-269	95	75	equation	equation	NOUN
esutjss-269	95	76	4.2	4.2	NUM
esutjss-269	95	77	𝑅𝐺𝐷𝑃𝑡	𝑅𝐺𝐷𝑃𝑡	NOUN
esutjss-269	95	78	=	=	PUNCT
esutjss-269	95	79	𝛽0𝑡	𝛽0𝑡	VERB
esutjss-269	95	80	+	+	CCONJ
esutjss-269	95	81	𝛽1𝐷𝐵𝑇𝐺𝐷𝑃𝑡	𝛽1𝐷𝐵𝑇𝐺𝐷𝑃𝑡	PROPN
esutjss-269	95	82	+	+	CCONJ
esutjss-269	95	83	𝛽2𝐷𝑆𝐸𝑅𝑉𝑡	𝛽2𝐷𝑆𝐸𝑅𝑉𝑡	PROPN
esutjss-269	95	84	+	+	CCONJ
esutjss-269	95	85	𝛽3𝑀𝑃𝑅𝑡	𝛽3𝑀𝑃𝑅𝑡	PROPN
esutjss-269	95	86	+	+	CCONJ
esutjss-269	95	87	𝛽4𝐺𝑂𝑉𝑇𝑡	𝛽4𝐺𝑂𝑉𝑇𝑡	NOUN
esutjss-269	95	88	+	+	CCONJ
esutjss-269	95	89	𝜇𝑖𝑡	𝜇𝑖𝑡	NOUN
esutjss-269	95	90	(	(	PUNCT
esutjss-269	95	91	4.2	4.2	NUM
esutjss-269	95	92	)	)	PUNCT
esutjss-269	95	93	where	where	SCONJ
esutjss-269	95	94			PROPN
esutjss-269	95	95	’s	’	VERB
esutjss-269	95	96	are	be	AUX
esutjss-269	95	97	structural	structural	ADJ
esutjss-269	95	98	parameters	parameter	NOUN
esutjss-269	95	99	and	and	CCONJ
esutjss-269	95	100			NOUN
esutjss-269	95	101	=	=	SYM
esutjss-269	95	102	stochastic	stochastic	NOUN
esutjss-269	95	103	error	error	NOUN
esutjss-269	95	104	term	term	NOUN
esutjss-269	95	105	.	.	PUNCT
esutjss-269	96	1	the	the	DET
esutjss-269	96	2	empirical	empirical	ADJ
esutjss-269	96	3	relationship	relationship	NOUN
esutjss-269	96	4	between	between	ADP
esutjss-269	96	5	debt	debt	NOUN
esutjss-269	96	6	sustainability	sustainability	NOUN
esutjss-269	96	7	and	and	CCONJ
esutjss-269	96	8	debt	debt	NOUN
esutjss-269	96	9	-	-	PUNCT
esutjss-269	96	10	to	to	ADP
esutjss-269	96	11	-	-	PUNCT
esutjss-269	96	12	gdp	gdp	NOUN
esutjss-269	96	13	ratio	ratio	NOUN
esutjss-269	96	14	is	be	AUX
esutjss-269	96	15	both	both	ADV
esutjss-269	96	16	positive	positive	ADJ
esutjss-269	96	17	,	,	PUNCT
esutjss-269	96	18	negative	negative	ADJ
esutjss-269	96	19	and	and	CCONJ
esutjss-269	96	20	inconclusive	inconclusive	ADJ
esutjss-269	96	21	.	.	PUNCT
esutjss-269	97	1	soyres	soyre	NOUN
esutjss-269	97	2	,	,	PUNCT
esutjss-269	97	3	kawal	kawal	NOUN
esutjss-269	97	4	and	and	CCONJ
esutjss-269	97	5	wang	wang	PROPN
esutjss-269	97	6	(	(	PUNCT
esutjss-269	97	7	2022	2022	NUM
esutjss-269	97	8	)	)	PUNCT
esutjss-269	97	9	and	and	CCONJ
esutjss-269	97	10	heimberger	heimberger	NOUN
esutjss-269	97	11	(	(	PUNCT
esutjss-269	97	12	2021	2021	NUM
esutjss-269	97	13	)	)	PUNCT
esutjss-269	97	14	showed	show	VERB
esutjss-269	97	15	a	a	DET
esutjss-269	97	16	negative	negative	ADJ
esutjss-269	97	17	relationship	relationship	NOUN
esutjss-269	97	18	between	between	ADP
esutjss-269	97	19	the	the	DET
esutjss-269	97	20	subject	subject	NOUN
esutjss-269	97	21	matter	matter	NOUN
esutjss-269	97	22	,	,	PUNCT
esutjss-269	97	23	and	and	CCONJ
esutjss-269	97	24	spilloti	spilloti	PROPN
esutjss-269	97	25	(	(	PUNCT
esutjss-269	97	26	2015	2015	NUM
esutjss-269	97	27	)	)	PUNCT
esutjss-269	97	28	reported	report	VERB
esutjss-269	97	29	a	a	DET
esutjss-269	97	30	positive	positive	ADJ
esutjss-269	97	31	relationship	relationship	NOUN
esutjss-269	97	32	between	between	ADP
esutjss-269	97	33	debt	debt	NOUN
esutjss-269	97	34	sustainability	sustainability	NOUN
esutjss-269	97	35	and	and	CCONJ
esutjss-269	97	36	debt	debt	NOUN
esutjss-269	97	37	-	-	PUNCT
esutjss-269	97	38	to	to	ADP
esutjss-269	97	39	-	-	PUNCT
esutjss-269	97	40	gdp	gdp	NOUN
esutjss-269	97	41	ratio	ratio	NOUN
esutjss-269	97	42	while	while	SCONJ
esutjss-269	97	43	dave(2024	dave(2024	NOUN
esutjss-269	97	44	)	)	PUNCT
esutjss-269	97	45	showed	show	VERB
esutjss-269	97	46	inconclusive	inconclusive	ADJ
esutjss-269	97	47	relationship	relationship	NOUN
esutjss-269	97	48	between	between	ADP
esutjss-269	97	49	debt	debt	NOUN
esutjss-269	97	50	sustainability	sustainability	NOUN
esutjss-269	97	51	and	and	CCONJ
esutjss-269	97	52	debt	debt	NOUN
esutjss-269	97	53	-	-	PUNCT
esutjss-269	97	54	to	to	ADP
esutjss-269	97	55	-	-	PUNCT
esutjss-269	97	56	gdp	gdp	NOUN
esutjss-269	97	57	ratio	ratio	NOUN
esutjss-269	97	58	.	.	PUNCT
esutjss-269	98	1	following	follow	VERB
esutjss-269	98	2	the	the	DET
esutjss-269	98	3	empirical	empirical	ADJ
esutjss-269	98	4	evidence	evidence	NOUN
esutjss-269	98	5	,	,	PUNCT
esutjss-269	98	6	ambiguous	ambiguous	ADJ
esutjss-269	98	7	relationship	relationship	NOUN
esutjss-269	98	8	between	between	ADP
esutjss-269	98	9	debt	debt	NOUN
esutjss-269	98	10	sustainability	sustainability	NOUN
esutjss-269	98	11	and	and	CCONJ
esutjss-269	98	12	debt	debt	NOUN
esutjss-269	98	13	-	-	PUNCT
esutjss-269	98	14	to	to	ADP
esutjss-269	98	15	-	-	PUNCT
esutjss-269	98	16	gdp	gdp	NOUN
esutjss-269	98	17	ratio	ratio	NOUN
esutjss-269	98	18	is	be	AUX
esutjss-269	98	19	expected	expect	VERB
esutjss-269	98	20	for	for	ADP
esutjss-269	98	21	the	the	DET
esutjss-269	98	22	nigerian	nigerian	ADJ
esutjss-269	98	23	economy	economy	NOUN
esutjss-269	98	24	,	,	PUNCT
esutjss-269	98	25	hence	hence	ADV
esutjss-269	98	26	,	,	PUNCT
esutjss-269	98	27	β1</>0	β1</>0	NOUN
esutjss-269	98	28	.	.	PUNCT
esutjss-269	99	1	a	a	DET
esutjss-269	99	2	high	high	ADJ
esutjss-269	99	3	debt	debt	NOUN
esutjss-269	99	4	-	-	PUNCT
esutjss-269	99	5	to	to	ADP
esutjss-269	99	6	-	-	PUNCT
esutjss-269	99	7	service	service	NOUN
esutjss-269	99	8	ratio	ratio	NOUN
esutjss-269	99	9	(	(	PUNCT
esutjss-269	99	10	dsr	dsr	PROPN
esutjss-269	99	11	)	)	PUNCT
esutjss-269	99	12	,	,	PUNCT
esutjss-269	99	13	where	where	SCONJ
esutjss-269	99	14	debt	debt	NOUN
esutjss-269	99	15	payments	payment	NOUN
esutjss-269	99	16	consume	consume	VERB
esutjss-269	99	17	a	a	DET
esutjss-269	99	18	large	large	ADJ
esutjss-269	99	19	portion	portion	NOUN
esutjss-269	99	20	of	of	ADP
esutjss-269	99	21	a	a	DET
esutjss-269	99	22	country	country	NOUN
esutjss-269	99	23	’s	’s	PART
esutjss-269	99	24	income	income	NOUN
esutjss-269	99	25	,	,	PUNCT
esutjss-269	99	26	can	can	AUX
esutjss-269	99	27	negatively	negatively	ADV
esutjss-269	99	28	impact	impact	VERB
esutjss-269	99	29	real	real	ADJ
esutjss-269	99	30	gdp	gdp	NOUN
esutjss-269	99	31	growth	growth	NOUN
esutjss-269	99	32	by	by	ADP
esutjss-269	99	33	reducing	reduce	VERB
esutjss-269	99	34	investment	investment	NOUN
esutjss-269	99	35	and	and	CCONJ
esutjss-269	99	36	consumption	consumption	NOUN
esutjss-269	99	37	,	,	PUNCT
esutjss-269	99	38	potentially	potentially	ADV
esutjss-269	99	39	leading	lead	VERB
esutjss-269	99	40	to	to	ADP
esutjss-269	99	41	economic	economic	ADJ
esutjss-269	99	42	stability	stability	NOUN
esutjss-269	99	43	.	.	PUNCT
esutjss-269	100	1	amoo(2024	amoo(2024	VERB
esutjss-269	100	2	)	)	PUNCT
esutjss-269	100	3	and	and	CCONJ
esutjss-269	100	4	salisu	salisu	ADJ
esutjss-269	100	5	,	,	PUNCT
esutjss-269	100	6	alabbas	alabbas	NUM
esutjss-269	100	7	and	and	CCONJ
esutjss-269	100	8	haladu(2024	haladu(2024	NUM
esutjss-269	100	9	)	)	PUNCT
esutjss-269	100	10	showed	show	VERB
esutjss-269	100	11	a	a	DET
esutjss-269	100	12	negative	negative	ADJ
esutjss-269	100	13	relationship	relationship	NOUN
esutjss-269	100	14	between	between	ADP
esutjss-269	100	15	debt	debt	NOUN
esutjss-269	100	16	sustainability	sustainability	NOUN
esutjss-269	100	17	and	and	CCONJ
esutjss-269	100	18	real	real	ADJ
esutjss-269	100	19	gdp	gdp	NOUN
esutjss-269	100	20	.	.	PUNCT
esutjss-269	101	1	therefore	therefore	ADV
esutjss-269	101	2	,	,	PUNCT
esutjss-269	101	3	β<0	β<0	PROPN
esutjss-269	101	4	.	.	PUNCT
esutjss-269	102	1	the	the	DET
esutjss-269	102	2	monetary	monetary	ADJ
esutjss-269	102	3	policy	policy	NOUN
esutjss-269	102	4	rate	rate	NOUN
esutjss-269	102	5	(	(	PUNCT
esutjss-269	102	6	mpr	mpr	NOUN
esutjss-269	102	7	)	)	PUNCT
esutjss-269	102	8	is	be	AUX
esutjss-269	102	9	the	the	DET
esutjss-269	102	10	anchor	anchor	NOUN
esutjss-269	102	11	rate	rate	NOUN
esutjss-269	102	12	.	.	PUNCT
esutjss-269	103	1	while	while	SCONJ
esutjss-269	103	2	some	some	DET
esutjss-269	103	3	researchers	researcher	NOUN
esutjss-269	103	4	argue	argue	VERB
esutjss-269	103	5	that	that	SCONJ
esutjss-269	103	6	the	the	DET
esutjss-269	103	7	high	high	ADJ
esutjss-269	103	8	interest	interest	NOUN
esutjss-269	103	9	rate	rate	NOUN
esutjss-269	103	10	hurts	hurt	VERB
esutjss-269	103	11	the	the	DET
esutjss-269	103	12	economy	economy	NOUN
esutjss-269	103	13	and	and	CCONJ
esutjss-269	103	14	high	high	ADJ
esutjss-269	103	15	borrowing	borrowing	NOUN
esutjss-269	103	16	discourages	discourage	VERB
esutjss-269	103	17	investments	investment	NOUN
esutjss-269	103	18	,	,	PUNCT
esutjss-269	103	19	others	other	NOUN
esutjss-269	103	20	argue	argue	VERB
esutjss-269	103	21	that	that	SCONJ
esutjss-269	103	22	the	the	DET
esutjss-269	103	23	moderating	moderate	VERB
esutjss-269	103	24	effect	effect	NOUN
esutjss-269	103	25	of	of	ADP
esutjss-269	103	26	high	high	ADJ
esutjss-269	103	27	interest	interest	NOUN
esutjss-269	103	28	rate	rate	NOUN
esutjss-269	103	29	on	on	ADP
esutjss-269	103	30	inflation	inflation	NOUN
esutjss-269	103	31	leads	lead	VERB
esutjss-269	103	32	to	to	ADP
esutjss-269	103	33	a	a	DET
esutjss-269	103	34	positive	positive	ADJ
esutjss-269	103	35	real	real	ADJ
esutjss-269	103	36	growth	growth	NOUN
esutjss-269	103	37	in	in	ADP
esutjss-269	103	38	the	the	DET
esutjss-269	103	39	economy	economy	NOUN
esutjss-269	103	40	.	.	PUNCT
esutjss-269	104	1	so	so	ADV
esutjss-269	104	2	,	,	PUNCT
esutjss-269	104	3	β3	β3	ADJ
esutjss-269	104	4	,	,	PUNCT
esutjss-269	104	5	mpr	mpr	NOUN
esutjss-269	104	6	,	,	PUNCT
esutjss-269	104	7	is	be	AUX
esutjss-269	104	8	expected	expect	VERB
esutjss-269	104	9	to	to	PART
esutjss-269	104	10	be	be	AUX
esutjss-269	104	11	88	88	NUM
esutjss-269	104	12	negatively	negatively	ADV
esutjss-269	104	13	related	relate	VERB
esutjss-269	104	14	to	to	ADP
esutjss-269	104	15	real	real	ADJ
esutjss-269	104	16	gdp	gdp	NOUN
esutjss-269	104	17	.	.	PUNCT
esutjss-269	105	1	some	some	DET
esutjss-269	105	2	theories	theory	NOUN
esutjss-269	105	3	,	,	PUNCT
esutjss-269	105	4	like	like	ADP
esutjss-269	105	5	keynesianism	keynesianism	PROPN
esutjss-269	105	6	,	,	PUNCT
esutjss-269	105	7	suggest	suggest	VERB
esutjss-269	105	8	that	that	SCONJ
esutjss-269	105	9	government	government	NOUN
esutjss-269	105	10	spending	spending	NOUN
esutjss-269	105	11	stimulate	stimulate	VERB
esutjss-269	105	12	the	the	DET
esutjss-269	105	13	economy	economy	NOUN
esutjss-269	105	14	by	by	ADP
esutjss-269	105	15	increasing	increase	VERB
esutjss-269	105	16	aggregate	aggregate	ADJ
esutjss-269	105	17	demand	demand	NOUN
esutjss-269	105	18	,	,	PUNCT
esutjss-269	105	19	while	while	SCONJ
esutjss-269	105	20	others	other	NOUN
esutjss-269	105	21	highlight	highlight	VERB
esutjss-269	105	22	potential	potential	ADJ
esutjss-269	105	23	negative	negative	ADJ
esutjss-269	105	24	effect	effect	NOUN
esutjss-269	105	25	like	like	ADP
esutjss-269	105	26	crowding	crowd	VERB
esutjss-269	105	27	out	out	ADP
esutjss-269	105	28	the	the	DET
esutjss-269	105	29	private	private	ADJ
esutjss-269	105	30	sector	sector	NOUN
esutjss-269	105	31	.	.	PUNCT
esutjss-269	106	1	government	government	NOUN
esutjss-269	106	2	expenditure	expenditure	NOUN
esutjss-269	106	3	,	,	PUNCT
esutjss-269	106	4	particularly	particularly	ADV
esutjss-269	106	5	when	when	SCONJ
esutjss-269	106	6	focused	focus	VERB
esutjss-269	106	7	on	on	ADP
esutjss-269	106	8	productive	productive	ADJ
esutjss-269	106	9	sectors	sector	NOUN
esutjss-269	106	10	,	,	PUNCT
esutjss-269	106	11	can	can	AUX
esutjss-269	106	12	positively	positively	ADV
esutjss-269	106	13	influence	influence	VERB
esutjss-269	106	14	real	real	ADJ
esutjss-269	106	15	gdp	gdp	NOUN
esutjss-269	106	16	growth	growth	NOUN
esutjss-269	106	17	.	.	PUNCT
esutjss-269	107	1	okunlola	okunlola	PROPN
esutjss-269	107	2	,	,	PUNCT
esutjss-269	107	3	sani	sani	PROPN
esutjss-269	107	4	,	,	PUNCT
esutjss-269	107	5	ayetigbo	ayetigbo	VERB
esutjss-269	107	6	and	and	CCONJ
esutjss-269	107	7	oyadeji	oyadeji	NOUN
esutjss-269	107	8	(	(	PUNCT
esutjss-269	107	9	2024	2024	NUM
esutjss-269	107	10	)	)	PUNCT
esutjss-269	107	11	showed	show	VERB
esutjss-269	107	12	a	a	DET
esutjss-269	107	13	positive	positive	ADJ
esutjss-269	107	14	relationship	relationship	NOUN
esutjss-269	107	15	between	between	ADP
esutjss-269	107	16	government	government	NOUN
esutjss-269	107	17	expenditure	expenditure	NOUN
esutjss-269	107	18	and	and	CCONJ
esutjss-269	107	19	debt	debt	NOUN
esutjss-269	107	20	sustainability	sustainability	NOUN
esutjss-269	107	21	.	.	PUNCT
esutjss-269	108	1	4.2	4.2	NUM
esutjss-269	108	2	estimation	estimation	NOUN
esutjss-269	108	3	techniques	technique	NOUN
esutjss-269	108	4	and	and	CCONJ
esutjss-269	108	5	procedure	procedure	VERB
esutjss-269	108	6	the	the	DET
esutjss-269	108	7	estimation	estimation	NOUN
esutjss-269	108	8	techniques	technique	NOUN
esutjss-269	108	9	for	for	ADP
esutjss-269	108	10	this	this	DET
esutjss-269	108	11	paper	paper	NOUN
esutjss-269	108	12	is	be	AUX
esutjss-269	108	13	the	the	DET
esutjss-269	108	14	johansen	johansen	PROPN
esutjss-269	108	15	co	co	NOUN
esutjss-269	108	16	integration	integration	NOUN
esutjss-269	108	17	and	and	CCONJ
esutjss-269	108	18	the	the	DET
esutjss-269	108	19	granger	granger	PROPN
esutjss-269	108	20	causality	causality	PROPN
esutjss-269	108	21	approaches	approach	VERB
esutjss-269	108	22	.	.	PUNCT
esutjss-269	109	1	a	a	DET
esutjss-269	109	2	co	co	NOUN
esutjss-269	109	3	-	-	NOUN
esutjss-269	109	4	integration	integration	NOUN
esutjss-269	109	5	test	test	NOUN
esutjss-269	109	6	is	be	AUX
esutjss-269	109	7	used	use	VERB
esutjss-269	109	8	to	to	PART
esutjss-269	109	9	establish	establish	VERB
esutjss-269	109	10	if	if	SCONJ
esutjss-269	109	11	there	there	PRON
esutjss-269	109	12	is	be	VERB
esutjss-269	109	13	a	a	DET
esutjss-269	109	14	correlation	correlation	NOUN
esutjss-269	109	15	between	between	ADP
esutjss-269	109	16	several	several	ADJ
esutjss-269	109	17	time	time	NOUN
esutjss-269	109	18	series	series	NOUN
esutjss-269	109	19	in	in	ADP
esutjss-269	109	20	the	the	DET
esutjss-269	109	21	long	long	ADV
esutjss-269	109	22	-	-	PUNCT
esutjss-269	109	23	run	run	NOUN
esutjss-269	109	24	.	.	PUNCT
esutjss-269	110	1	it	it	PRON
esutjss-269	110	2	identifies	identify	VERB
esutjss-269	110	3	scenarios	scenario	NOUN
esutjss-269	110	4	where	where	SCONJ
esutjss-269	110	5	two	two	NUM
esutjss-269	110	6	or	or	CCONJ
esutjss-269	110	7	more	more	ADJ
esutjss-269	110	8	non	non	ADJ
esutjss-269	110	9	-	-	ADJ
esutjss-269	110	10	stationary	stationary	ADJ
esutjss-269	110	11	time	time	NOUN
esutjss-269	110	12	series	series	NOUN
esutjss-269	110	13	are	be	AUX
esutjss-269	110	14	integrated	integrate	VERB
esutjss-269	110	15	together	together	ADV
esutjss-269	110	16	in	in	ADP
esutjss-269	110	17	a	a	DET
esutjss-269	110	18	way	way	NOUN
esutjss-269	110	19	that	that	PRON
esutjss-269	110	20	they	they	PRON
esutjss-269	110	21	can	can	AUX
esutjss-269	110	22	not	not	PART
esutjss-269	110	23	deviate	deviate	VERB
esutjss-269	110	24	from	from	ADP
esutjss-269	110	25	equilibrium	equilibrium	NOUN
esutjss-269	110	26	in	in	ADP
esutjss-269	110	27	the	the	DET
esutjss-269	110	28	long	long	ADJ
esutjss-269	110	29	-	-	PUNCT
esutjss-269	110	30	term	term	NOUN
esutjss-269	110	31	.	.	PUNCT
esutjss-269	111	1	the	the	DET
esutjss-269	111	2	granger	granger	PROPN
esutjss-269	111	3	causality	causality	PROPN
esutjss-269	111	4	test	test	NOUN
esutjss-269	111	5	is	be	AUX
esutjss-269	111	6	a	a	DET
esutjss-269	111	7	statistical	statistical	ADJ
esutjss-269	111	8	method	method	NOUN
esutjss-269	111	9	used	use	VERB
esutjss-269	111	10	to	to	PART
esutjss-269	111	11	determine	determine	VERB
esutjss-269	111	12	if	if	SCONJ
esutjss-269	111	13	one	one	NUM
esutjss-269	111	14	-	-	PUNCT
esutjss-269	111	15	time	time	NOUN
esutjss-269	111	16	series	series	NOUN
esutjss-269	111	17	can	can	AUX
esutjss-269	111	18	help	help	VERB
esutjss-269	111	19	predict	predict	VERB
esutjss-269	111	20	another	another	PRON
esutjss-269	111	21	,	,	PUNCT
esutjss-269	111	22	meaning	mean	VERB
esutjss-269	111	23	one	one	NUM
esutjss-269	111	24	variable	variable	NOUN
esutjss-269	111	25	granger	granger	NOUN
esutjss-269	111	26	cause	cause	VERB
esutjss-269	111	27	another	another	PRON
esutjss-269	111	28	if	if	SCONJ
esutjss-269	111	29	its	its	PRON
esutjss-269	111	30	past	past	ADJ
esutjss-269	111	31	values	value	NOUN
esutjss-269	111	32	improves	improve	VERB
esutjss-269	111	33	the	the	DET
esutjss-269	111	34	prediction	prediction	NOUN
esutjss-269	111	35	of	of	ADP
esutjss-269	111	36	the	the	DET
esutjss-269	111	37	other	other	ADJ
esutjss-269	111	38	variables	variable	NOUN
esutjss-269	111	39	beyond	beyond	ADP
esutjss-269	111	40	what	what	PRON
esutjss-269	111	41	can	can	AUX
esutjss-269	111	42	be	be	AUX
esutjss-269	111	43	achieved	achieve	VERB
esutjss-269	111	44	using	use	VERB
esutjss-269	111	45	only	only	ADV
esutjss-269	111	46	the	the	DET
esutjss-269	111	47	past	past	ADJ
esutjss-269	111	48	values	value	NOUN
esutjss-269	111	49	of	of	ADP
esutjss-269	111	50	the	the	DET
esutjss-269	111	51	predicted	predict	VERB
esutjss-269	111	52	variable	variable	NOUN
esutjss-269	111	53	this	this	PRON
esutjss-269	111	54	was	be	AUX
esutjss-269	111	55	used	use	VERB
esutjss-269	111	56	to	to	PART
esutjss-269	111	57	test	test	VERB
esutjss-269	111	58	whether	whether	SCONJ
esutjss-269	111	59	a	a	DET
esutjss-269	111	60	variable	variable	NOUN
esutjss-269	111	61	’s	’s	PART
esutjss-269	111	62	mean	mean	ADJ
esutjss-269	111	63	value	value	NOUN
esutjss-269	111	64	and	and	CCONJ
esutjss-269	111	65	variance	variance	NOUN
esutjss-269	111	66	varies	vary	VERB
esutjss-269	111	67	over	over	ADP
esutjss-269	111	68	time	time	NOUN
esutjss-269	111	69	.	.	PUNCT
esutjss-269	112	1	it	it	PRON
esutjss-269	112	2	is	be	AUX
esutjss-269	112	3	necessary	necessary	ADJ
esutjss-269	112	4	in	in	ADP
esutjss-269	112	5	time	time	NOUN
esutjss-269	112	6	series	series	PROPN
esutjss-269	112	7	variables	variable	NOUN
esutjss-269	112	8	to	to	PART
esutjss-269	112	9	avoid	avoid	VERB
esutjss-269	112	10	the	the	DET
esutjss-269	112	11	problem	problem	NOUN
esutjss-269	112	12	of	of	ADP
esutjss-269	112	13	spurious	spurious	ADJ
esutjss-269	112	14	regression	regression	NOUN
esutjss-269	112	15	.	.	PUNCT
esutjss-269	113	1	the	the	DET
esutjss-269	113	2	augmented	augment	VERB
esutjss-269	113	3	dickey	dickey	PROPN
esutjss-269	113	4	fuller	full	ADJ
esutjss-269	113	5	(	(	PUNCT
esutjss-269	113	6	adf	adf	NOUN
esutjss-269	113	7	)	)	PUNCT
esutjss-269	113	8	and	and	CCONJ
esutjss-269	113	9	phillips	phillips	PROPN
esutjss-269	113	10	-	-	PUNCT
esutjss-269	113	11	perron	perron	PROPN
esutjss-269	113	12	(	(	PUNCT
esutjss-269	113	13	pp	pp	ADJ
esutjss-269	113	14	)	)	PUNCT
esutjss-269	113	15	test	test	NOUN
esutjss-269	113	16	was	be	AUX
esutjss-269	113	17	used	use	VERB
esutjss-269	113	18	for	for	ADP
esutjss-269	113	19	the	the	DET
esutjss-269	113	20	analysis	analysis	NOUN
esutjss-269	113	21	.	.	PUNCT
esutjss-269	114	1	augmented	augment	VERB
esutjss-269	114	2	dickey	dickey	NOUN
esutjss-269	114	3	-	-	PUNCT
esutjss-269	114	4	fuller	full	ADJ
esutjss-269	114	5	(	(	PUNCT
esutjss-269	114	6	adf	adf	NOUN
esutjss-269	114	7	)	)	PUNCT
esutjss-269	114	8	test	test	NOUN
esutjss-269	114	9	is	be	AUX
esutjss-269	114	10	used	use	VERB
esutjss-269	114	11	to	to	PART
esutjss-269	114	12	test	test	VERB
esutjss-269	114	13	existence	existence	NOUN
esutjss-269	114	14	of	of	ADP
esutjss-269	114	15	unit	unit	NOUN
esutjss-269	114	16	root	root	NOUN
esutjss-269	114	17	when	when	SCONJ
esutjss-269	114	18	there	there	PRON
esutjss-269	114	19	is	be	VERB
esutjss-269	114	20	autocorrelation	autocorrelation	NOUN
esutjss-269	114	21	in	in	ADP
esutjss-269	114	22	the	the	DET
esutjss-269	114	23	series	series	NOUN
esutjss-269	114	24	and	and	CCONJ
esutjss-269	114	25	lagged	lag	VERB
esutjss-269	114	26	terms	term	NOUN
esutjss-269	114	27	of	of	ADP
esutjss-269	114	28	the	the	DET
esutjss-269	114	29	dependent	dependent	ADJ
esutjss-269	114	30	variable	variable	NOUN
esutjss-269	114	31	are	be	AUX
esutjss-269	114	32	included	include	VERB
esutjss-269	114	33	in	in	ADP
esutjss-269	114	34	the	the	DET
esutjss-269	114	35	equation	equation	NOUN
esutjss-269	114	36	.	.	PUNCT
esutjss-269	115	1	the	the	DET
esutjss-269	115	2	following	follow	VERB
esutjss-269	115	3	three	three	NUM
esutjss-269	115	4	models	model	NOUN
esutjss-269	115	5	represent	represent	VERB
esutjss-269	115	6	pure	pure	ADJ
esutjss-269	115	7	random	random	ADJ
esutjss-269	115	8	walk	walk	NOUN
esutjss-269	115	9	,	,	PUNCT
esutjss-269	115	10	random	random	ADJ
esutjss-269	115	11	walk	walk	NOUN
esutjss-269	115	12	with	with	ADP
esutjss-269	115	13	drift	drift	NOUN
esutjss-269	115	14	and	and	CCONJ
esutjss-269	115	15	random	random	ADJ
esutjss-269	115	16	walk	walk	NOUN
esutjss-269	115	17	with	with	ADP
esutjss-269	115	18	drift	drift	NOUN
esutjss-269	115	19	and	and	CCONJ
esutjss-269	115	20	trend	trend	NOUN
esutjss-269	115	21	used	use	VERB
esutjss-269	115	22	in	in	ADP
esutjss-269	115	23	augmented	augment	VERB
esutjss-269	115	24	dickey	dickey	PROPN
esutjss-269	115	25	-	-	PUNCT
esutjss-269	115	26	fuller	full	ADJ
esutjss-269	115	27	tests	test	NOUN
esutjss-269	115	28	:	:	PUNCT
esutjss-269	115	29			X
esutjss-269	115	30	=	=	PUNCT
esutjss-269	115	31	−−	−−	NOUN
esutjss-269	115	32	+	+	NOUN
esutjss-269	115	33	+=	+=	NOUN
esutjss-269	115	34	p	p	X
esutjss-269	115	35	i	i	PRON
esutjss-269	115	36	ttitt	ttitt	VERB
esutjss-269	115	37	1	1	NUM
esutjss-269	115	38	11	11	NUM
esutjss-269	115	39			PROPN
esutjss-269	115	40	4.1	4.1	NUM
esutjss-269	115	41			X
esutjss-269	115	42	=	=	PUNCT
esutjss-269	115	43	−−	−−	NOUN
esutjss-269	115	44	+	+	PROPN
esutjss-269	115	45	++=	++=	PROPN
esutjss-269	116	1	p	p	X
esutjss-269	117	1	i	i	PRON
esutjss-269	117	2	tititt	tititt	VERB
esutjss-269	117	3	1	1	NUM
esutjss-269	117	4	10	10	NUM
esutjss-269	117	5			PROPN
esutjss-269	117	6	4.2	4.2	NUM
esutjss-269	117	7	decision	decision	NOUN
esutjss-269	117	8	rule	rule	NOUN
esutjss-269	117	9	:	:	PUNCT
esutjss-269	117	10	if	if	SCONJ
esutjss-269	117	11	adf	adf	PROPN
esutjss-269	117	12	test	test	NOUN
esutjss-269	117	13	statistic	statistic	PROPN
esutjss-269	117	14	(	(	PUNCT
esutjss-269	117	15	t	t	NOUN
esutjss-269	117	16	-	-	PUNCT
esutjss-269	117	17	statistic	statistic	NOUN
esutjss-269	117	18	of	of	ADP
esutjss-269	117	19	lagged	lag	VERB
esutjss-269	117	20	dependent	dependent	ADJ
esutjss-269	117	21	variable	variable	NOUN
esutjss-269	117	22	)	)	PUNCT
esutjss-269	117	23	is	be	AUX
esutjss-269	117	24	greater	great	ADJ
esutjss-269	117	25	than	than	ADP
esutjss-269	117	26	the	the	DET
esutjss-269	117	27	critical	critical	ADJ
esutjss-269	117	28	value	value	NOUN
esutjss-269	117	29	,	,	PUNCT
esutjss-269	117	30	we	we	PRON
esutjss-269	117	31	reject	reject	VERB
esutjss-269	117	32	the	the	DET
esutjss-269	117	33	null	null	ADJ
esutjss-269	117	34	hypothesis	hypothesis	NOUN
esutjss-269	117	35	and	and	CCONJ
esutjss-269	117	36	conclude	conclude	VERB
esutjss-269	117	37	that	that	SCONJ
esutjss-269	117	38	the	the	DET
esutjss-269	117	39	series	series	NOUN
esutjss-269	117	40	is	be	AUX
esutjss-269	117	41	stationary	stationary	ADJ
esutjss-269	117	42	(	(	PUNCT
esutjss-269	117	43	there	there	PRON
esutjss-269	117	44	is	be	VERB
esutjss-269	117	45	no	no	DET
esutjss-269	117	46	unit	unit	NOUN
esutjss-269	117	47	root	root	NOUN
esutjss-269	117	48	)	)	PUNCT
esutjss-269	117	49	but	but	CCONJ
esutjss-269	117	50	if	if	SCONJ
esutjss-269	117	51	otherwise	otherwise	ADV
esutjss-269	117	52	,	,	PUNCT
esutjss-269	117	53	we	we	PRON
esutjss-269	117	54	accept	accept	VERB
esutjss-269	117	55	the	the	DET
esutjss-269	117	56	null	null	ADJ
esutjss-269	117	57	hypothesis	hypothesis	NOUN
esutjss-269	117	58	and	and	CCONJ
esutjss-269	117	59	conclude	conclude	VERB
esutjss-269	117	60	that	that	SCONJ
esutjss-269	117	61	the	the	DET
esutjss-269	117	62	series	series	NOUN
esutjss-269	117	63	is	be	AUX
esutjss-269	117	64	not	not	PART
esutjss-269	117	65	stationary	stationary	ADJ
esutjss-269	117	66	(	(	PUNCT
esutjss-269	117	67	there	there	PRON
esutjss-269	117	68	is	be	VERB
esutjss-269	117	69	unit	unit	NOUN
esutjss-269	117	70	root	root	NOUN
esutjss-269	117	71	)	)	PUNCT
esutjss-269	117	72	.	.	PUNCT
esutjss-269	118	1	the	the	DET
esutjss-269	118	2	phillips	phillips	PROPN
esutjss-269	118	3	-	-	PUNCT
esutjss-269	118	4	perron	perron	PROPN
esutjss-269	118	5	(	(	PUNCT
esutjss-269	118	6	pp	pp	ADJ
esutjss-269	118	7	)	)	PUNCT
esutjss-269	118	8	test	test	NOUN
esutjss-269	118	9	on	on	ADP
esutjss-269	118	10	the	the	DET
esutjss-269	118	11	other	other	ADJ
esutjss-269	118	12	hand	hand	NOUN
esutjss-269	118	13	uses	use	VERB
esutjss-269	118	14	nonparametric	nonparametric	ADJ
esutjss-269	118	15	statistical	statistical	ADJ
esutjss-269	118	16	methods	method	NOUN
esutjss-269	118	17	to	to	PART
esutjss-269	118	18	take	take	VERB
esutjss-269	118	19	care	care	NOUN
esutjss-269	118	20	of	of	ADP
esutjss-269	118	21	the	the	DET
esutjss-269	118	22	serial	serial	ADJ
esutjss-269	118	23	correlation	correlation	NOUN
esutjss-269	118	24	in	in	ADP
esutjss-269	118	25	the	the	DET
esutjss-269	118	26	error	error	NOUN
esutjss-269	118	27	terms	term	NOUN
esutjss-269	118	28	without	without	ADP
esutjss-269	118	29	adding	add	VERB
esutjss-269	118	30	lagged	lag	VERB
esutjss-269	118	31	difference	difference	NOUN
esutjss-269	118	32	terms	term	NOUN
esutjss-269	118	33	.	.	PUNCT
esutjss-269	119	1	the	the	DET
esutjss-269	119	2	asymptotic	asymptotic	ADJ
esutjss-269	119	3	distribution	distribution	NOUN
esutjss-269	119	4	of	of	ADP
esutjss-269	119	5	the	the	DET
esutjss-269	119	6	pp	pp	PROPN
esutjss-269	119	7	test	test	NOUN
esutjss-269	119	8	is	be	AUX
esutjss-269	119	9	the	the	DET
esutjss-269	119	10	same	same	ADJ
esutjss-269	119	11	as	as	ADP
esutjss-269	119	12	the	the	DET
esutjss-269	119	13	adf	adf	PROPN
esutjss-269	119	14	test	test	NOUN
esutjss-269	119	15	statistic	statistic	NOUN
esutjss-269	119	16	.	.	PUNCT
esutjss-269	120	1	co	co	NOUN
esutjss-269	120	2	-	-	NOUN
esutjss-269	120	3	integration	integration	NOUN
esutjss-269	120	4	test	test	NOUN
esutjss-269	120	5	this	this	DET
esutjss-269	120	6	test	test	NOUN
esutjss-269	120	7	examines	examine	NOUN
esutjss-269	120	8	if	if	SCONJ
esutjss-269	120	9	there	there	PRON
esutjss-269	120	10	exists	exist	VERB
esutjss-269	120	11	a	a	DET
esutjss-269	120	12	long	long	ADV
esutjss-269	120	13	-	-	PUNCT
esutjss-269	120	14	run	run	NOUN
esutjss-269	120	15	relationship	relationship	NOUN
esutjss-269	120	16	between	between	ADP
esutjss-269	120	17	the	the	DET
esutjss-269	120	18	variables	variable	NOUN
esutjss-269	120	19	under	under	ADP
esutjss-269	120	20	investigation	investigation	NOUN
esutjss-269	120	21	.	.	PUNCT
esutjss-269	121	1	the	the	DET
esutjss-269	121	2	johansen	johansen	PROPN
esutjss-269	121	3	or	or	CCONJ
esutjss-269	121	4	engel	engel	PROPN
esutjss-269	121	5	-	-	PUNCT
esutjss-269	121	6	granger	granger	PROPN
esutjss-269	121	7	methodology	methodology	NOUN
esutjss-269	121	8	will	will	AUX
esutjss-269	121	9	be	be	AUX
esutjss-269	121	10	used	use	VERB
esutjss-269	121	11	.	.	PUNCT
esutjss-269	122	1	the	the	DET
esutjss-269	122	2	long	long	ADV
esutjss-269	122	3	-	-	PUNCT
esutjss-269	122	4	run	run	VERB
esutjss-269	122	5	equilibrium	equilibrium	NOUN
esutjss-269	122	6	relationship	relationship	NOUN
esutjss-269	122	7	is	be	AUX
esutjss-269	122	8	estimated	estimate	VERB
esutjss-269	122	9	with	with	ADP
esutjss-269	122	10	the	the	DET
esutjss-269	122	11	following	follow	VERB
esutjss-269	122	12	equation	equation	NOUN
esutjss-269	122	13	:	:	PUNCT
esutjss-269	122	14	ttt	ttt	PROPN
esutjss-269	122	15			PROPN
esutjss-269	123	1	+	+	PROPN
esutjss-269	123	2	+=	+=	NOUN
esutjss-269	123	3	10	10	NUM
esutjss-269	123	4	if	if	SCONJ
esutjss-269	123	5	there	there	PRON
esutjss-269	123	6	is	be	VERB
esutjss-269	123	7	cointegration	cointegration	NOUN
esutjss-269	123	8	,	,	PUNCT
esutjss-269	123	9	α0	α0	ADJ
esutjss-269	123	10	and	and	CCONJ
esutjss-269	123	11	α1	α1	PROPN
esutjss-269	123	12	estimates	estimate	NOUN
esutjss-269	123	13	reveal	reveal	VERB
esutjss-269	123	14	“	"	PUNCT
esutjss-269	123	15	super	super	ADJ
esutjss-269	123	16	-	-	ADJ
esutjss-269	123	17	consistent	consistent	ADJ
esutjss-269	123	18	”	"	PUNCT
esutjss-269	123	19	estimators	estimator	NOUN
esutjss-269	123	20	in	in	ADP
esutjss-269	123	21	the	the	DET
esutjss-269	123	22	ols	ol	NOUN
esutjss-269	123	23	regression	regression	NOUN
esutjss-269	123	24	.	.	PUNCT
esutjss-269	124	1	in	in	ADP
esutjss-269	124	2	this	this	DET
esutjss-269	124	3	estimation	estimation	NOUN
esutjss-269	124	4	fitted	fit	VERB
esutjss-269	124	5	values	value	NOUN
esutjss-269	124	6	of	of	ADP
esutjss-269	124	7	t	t	PROPN
esutjss-269	124	8	series	series	NOUN
esutjss-269	124	9	is	be	AUX
esutjss-269	124	10	tested	test	VERB
esutjss-269	124	11	for	for	ADP
esutjss-269	124	12	stationarity	stationarity	NOUN
esutjss-269	124	13	.	.	PUNCT
esutjss-269	125	1	in	in	ADP
esutjss-269	125	2	this	this	DET
esutjss-269	125	3	analysis	analysis	NOUN
esutjss-269	125	4	89	89	NUM
esutjss-269	125	5	df	df	NOUN
esutjss-269	125	6	or	or	CCONJ
esutjss-269	125	7	adf	adf	PROPN
esutjss-269	125	8	may	may	AUX
esutjss-269	125	9	be	be	AUX
esutjss-269	125	10	used	use	VERB
esutjss-269	125	11	.	.	PUNCT
esutjss-269	126	1	however	however	ADV
esutjss-269	126	2	,	,	PUNCT
esutjss-269	126	3	in	in	ADP
esutjss-269	126	4	hypothesis	hypothesis	NOUN
esutjss-269	126	5	testing	testing	NOUN
esutjss-269	126	6	,	,	PUNCT
esutjss-269	126	7	critical	critical	ADJ
esutjss-269	126	8	values	value	NOUN
esutjss-269	126	9	constructed	construct	VERB
esutjss-269	126	10	by	by	ADP
esutjss-269	126	11	mckinnon	mckinnon	PROPN
esutjss-269	126	12	(	(	PUNCT
esutjss-269	126	13	1991	1991	NUM
esutjss-269	126	14	)	)	PUNCT
esutjss-269	126	15	is	be	AUX
esutjss-269	126	16	used	use	VERB
esutjss-269	126	17	.	.	PUNCT
esutjss-269	127	1	if	if	SCONJ
esutjss-269	127	2	this	this	DET
esutjss-269	127	3	series	series	NOUN
esutjss-269	127	4	is	be	AUX
esutjss-269	127	5	stationary	stationary	ADJ
esutjss-269	127	6	,	,	PUNCT
esutjss-269	127	7	we	we	PRON
esutjss-269	127	8	can	can	AUX
esutjss-269	127	9	conclude	conclude	VERB
esutjss-269	127	10	that	that	SCONJ
esutjss-269	127	11	there	there	PRON
esutjss-269	127	12	is	be	VERB
esutjss-269	127	13	cointegration	cointegration	NOUN
esutjss-269	127	14	between	between	ADP
esutjss-269	127	15	t	t	NOUN
esutjss-269	127	16	and	and	CCONJ
esutjss-269	127	17	t	t	NOUN
esutjss-269	127	18	.	.	PUNCT
esutjss-269	128	1	the	the	DET
esutjss-269	128	2	fitted	fit	VERB
esutjss-269	128	3	values	value	NOUN
esutjss-269	128	4	of	of	ADP
esutjss-269	128	5	t	t	PROPN
esutjss-269	128	6	may	may	AUX
esutjss-269	128	7	be	be	AUX
esutjss-269	128	8	used	use	VERB
esutjss-269	128	9	as	as	ADP
esutjss-269	128	10	error	error	NOUN
esutjss-269	128	11	correction	correction	NOUN
esutjss-269	128	12	term	term	NOUN
esutjss-269	128	13	of	of	ADP
esutjss-269	128	14	the	the	DET
esutjss-269	128	15	model	model	NOUN
esutjss-269	128	16	.	.	PUNCT
esutjss-269	129	1	decision	decision	NOUN
esutjss-269	129	2	rule	rule	NOUN
esutjss-269	129	3	:	:	PUNCT
esutjss-269	129	4	if	if	SCONJ
esutjss-269	129	5	the	the	DET
esutjss-269	129	6	adf	adf	PROPN
esutjss-269	129	7	statistics	statistic	NOUN
esutjss-269	129	8	of	of	ADP
esutjss-269	129	9	residual	residual	ADJ
esutjss-269	129	10	series	series	NOUN
esutjss-269	129	11	is	be	AUX
esutjss-269	129	12	absolutely	absolutely	ADV
esutjss-269	129	13	greater	great	ADJ
esutjss-269	129	14	than	than	ADP
esutjss-269	129	15	the	the	DET
esutjss-269	129	16	critical	critical	ADJ
esutjss-269	129	17	values	value	NOUN
esutjss-269	129	18	at	at	ADP
esutjss-269	129	19	5	5	NUM
esutjss-269	129	20	%	%	NOUN
esutjss-269	129	21	level	level	NOUN
esutjss-269	129	22	of	of	ADP
esutjss-269	129	23	significance	significance	NOUN
esutjss-269	129	24	,	,	PUNCT
esutjss-269	129	25	then	then	ADV
esutjss-269	129	26	there	there	PRON
esutjss-269	129	27	exists	exist	VERB
esutjss-269	129	28	a	a	DET
esutjss-269	129	29	long	long	ADV
esutjss-269	129	30	-	-	PUNCT
esutjss-269	129	31	run	run	NOUN
esutjss-269	129	32	relationship	relationship	NOUN
esutjss-269	129	33	between	between	ADP
esutjss-269	129	34	the	the	DET
esutjss-269	129	35	variables	variable	NOUN
esutjss-269	129	36	and	and	CCONJ
esutjss-269	129	37	if	if	SCONJ
esutjss-269	129	38	otherwise	otherwise	ADV
esutjss-269	129	39	,	,	PUNCT
esutjss-269	129	40	there	there	PRON
esutjss-269	129	41	exists	exist	VERB
esutjss-269	129	42	no	no	DET
esutjss-269	129	43	long	long	ADV
esutjss-269	129	44	-	-	PUNCT
esutjss-269	129	45	run	run	NOUN
esutjss-269	129	46	relationship	relationship	NOUN
esutjss-269	129	47	among	among	ADP
esutjss-269	129	48	the	the	DET
esutjss-269	129	49	variables	variable	NOUN
esutjss-269	129	50	.	.	PUNCT
esutjss-269	130	1	the	the	DET
esutjss-269	130	2	granger	granger	PROPN
esutjss-269	130	3	causality	causality	NOUN
esutjss-269	130	4	representations	representation	NOUN
esutjss-269	130	5	of	of	ADP
esutjss-269	130	6	our	our	PRON
esutjss-269	130	7	model	model	NOUN
esutjss-269	130	8	is	be	AUX
esutjss-269	130	9	as	as	SCONJ
esutjss-269	130	10	follows	follow	VERB
esutjss-269	130	11	:	:	PUNCT
esutjss-269	130	12	𝐺𝐷𝑃𝑟	𝐺𝐷𝑃𝑟	PROPN
esutjss-269	130	13	=	=	SYM
esutjss-269	130	14	𝛽	𝛽	PROPN
esutjss-269	130	15	+	+	ADP
esutjss-269	130	16	∑	∑	PROPN
esutjss-269	130	17	𝜂𝑖	𝜂𝑖	NOUN
esutjss-269	130	18	𝑛	𝑛	ADP
esutjss-269	130	19	𝑖	𝑖	X
esutjss-269	130	20	𝐺𝐷𝑃𝑟𝑡−𝑖	𝐺𝐷𝑃𝑟𝑡−𝑖	PROPN
esutjss-269	131	1	+	+	CCONJ
esutjss-269	131	2	∑	∑	PUNCT
esutjss-269	131	3	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	131	4	𝑛	𝑛	PRON
esutjss-269	131	5	𝑖=1	𝑖=1	PUNCT
esutjss-269	131	6	𝐷𝐵𝑇𝐺𝐷𝑃𝑡−𝑖	𝐷𝐵𝑇𝐺𝐷𝑃𝑡−𝑖	PROPN
esutjss-269	132	1	+	+	CCONJ
esutjss-269	132	2	∑	∑	PUNCT
esutjss-269	132	3	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	132	4	𝑛	𝑛	PRON
esutjss-269	132	5	𝑖=1	𝑖=1	PUNCT
esutjss-269	132	6	𝐷𝑆𝐸𝑅𝑉𝑡−𝑖	𝐷𝑆𝐸𝑅𝑉𝑡−𝑖	PROPN
esutjss-269	132	7	+	+	CCONJ
esutjss-269	132	8	∑	∑	PUNCT
esutjss-269	132	9	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	132	10	𝑛	𝑛	DET
esutjss-269	132	11	𝑖=1	𝑖=1	PROPN
esutjss-269	132	12	𝑀𝑃𝑅t	𝑀𝑃𝑅t	NOUN
esutjss-269	132	13	−	−	PROPN
esutjss-269	132	14	1	1	NUM
esutjss-269	132	15	+	+	CCONJ
esutjss-269	132	16	∑	∑	ADP
esutjss-269	132	17	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	132	18	𝑛	𝑛	PRON
esutjss-269	132	19	𝑖=1	𝑖=1	PROPN
esutjss-269	132	20	𝐺𝑂𝑉𝑇𝑡−𝑖	𝐺𝑂𝑉𝑇𝑡−𝑖	PROPN
esutjss-269	132	21	+	+	CCONJ
esutjss-269	132	22	𝛺.	𝛺.	PROPN
esutjss-269	132	23	𝐷𝐵𝑇𝐺𝐷𝑃	𝐷𝐵𝑇𝐺𝐷𝑃	PROPN
esutjss-269	133	1	=	=	PUNCT
esutjss-269	133	2	𝜙	𝜙	PROPN
esutjss-269	134	1	+	+	CCONJ
esutjss-269	134	2	∑	∑	PROPN
esutjss-269	134	3	𝜃𝑖	𝜃𝑖	PRON
esutjss-269	134	4	𝑛	𝑛	VERB
esutjss-269	134	5	𝑖	𝑖	SYM
esutjss-269	134	6	𝐷𝐵𝑇𝐺𝐷𝑃𝑡−𝑖	𝐷𝐵𝑇𝐺𝐷𝑃𝑡−𝑖	PROPN
esutjss-269	135	1	+	+	CCONJ
esutjss-269	135	2	∑	∑	PROPN
esutjss-269	135	3	𝜗𝑖	𝜗𝑖	PROPN
esutjss-269	135	4	𝑛	𝑛	PROPN
esutjss-269	135	5	𝑖	𝑖	SYM
esutjss-269	135	6	𝐺𝐷𝑃𝑡−𝑖	𝐺𝐷𝑃𝑡−𝑖	NOUN
esutjss-269	135	7	+	+	CCONJ
esutjss-269	135	8	∑	∑	ADP
esutjss-269	135	9	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	135	10	𝑛	𝑛	PRON
esutjss-269	135	11	𝑖=1	𝑖=1	PUNCT
esutjss-269	135	12	𝐷𝑆𝐸𝑅𝑉𝑡−𝑖	𝐷𝑆𝐸𝑅𝑉𝑡−𝑖	PROPN
esutjss-269	136	1	+	+	CCONJ
esutjss-269	136	2	∑	∑	ADV
esutjss-269	136	3	𝜂𝑖	𝜂𝑖	PROPN
esutjss-269	136	4	𝑛	𝑛	PROPN
esutjss-269	136	5	𝑖	𝑖	SYM
esutjss-269	136	6	𝑀𝑃𝑅−𝑖	𝑀𝑃𝑅−𝑖	PROPN
esutjss-269	136	7	+	+	CCONJ
esutjss-269	136	8	∑	∑	ADP
esutjss-269	136	9	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	136	10	𝑛	𝑛	PRON
esutjss-269	136	11	𝑖=1	𝑖=1	PROPN
esutjss-269	136	12	𝐺𝑂𝑉𝑇𝑡−𝑖	𝐺𝑂𝑉𝑇𝑡−𝑖	PROPN
esutjss-269	136	13	+	+	CCONJ
esutjss-269	136	14	𝜓	𝜓	X
esutjss-269	136	15	𝐷𝑆𝐸𝑅𝑉	𝐷𝑆𝐸𝑅𝑉	PROPN
esutjss-269	136	16	=	=	SYM
esutjss-269	136	17	𝛽	𝛽	PROPN
esutjss-269	136	18	+	+	CCONJ
esutjss-269	136	19	∑	∑	ADP
esutjss-269	136	20	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	136	21	𝑛	𝑛	PRON
esutjss-269	136	22	𝑖=1	𝑖=1	PUNCT
esutjss-269	136	23	𝐷𝑆𝐸𝑅𝑉𝑡−𝑖	𝐷𝑆𝐸𝑅𝑉𝑡−𝑖	PROPN
esutjss-269	137	1	+	+	CCONJ
esutjss-269	137	2	∑	∑	PROPN
esutjss-269	137	3	𝜃𝑖	𝜃𝑖	ADP
esutjss-269	137	4	𝑛	𝑛	VERB
esutjss-269	137	5	𝑖	𝑖	SYM
esutjss-269	137	6	𝐺𝐷𝑃𝑡−𝑖	𝐺𝐷𝑃𝑡−𝑖	PROPN
esutjss-269	138	1	+	+	CCONJ
esutjss-269	138	2	∑	∑	PROPN
esutjss-269	138	3	𝜗𝑖	𝜗𝑖	PROPN
esutjss-269	138	4	𝑛	𝑛	VERB
esutjss-269	138	5	𝑖	𝑖	SYM
esutjss-269	138	6	𝐷𝐵𝑇𝐺𝐷𝑃𝑡−𝑖	𝐷𝐵𝑇𝐺𝐷𝑃𝑡−𝑖	PROPN
esutjss-269	139	1	+	+	CCONJ
esutjss-269	139	2	∑	∑	ADV
esutjss-269	139	3	𝜂𝑖	𝜂𝑖	X
esutjss-269	139	4	𝑛	𝑛	VERB
esutjss-269	139	5	𝑖	𝑖	SYM
esutjss-269	139	6	𝑀𝑃𝑅	𝑀𝑃𝑅	PROPN
esutjss-269	140	1	+	+	CCONJ
esutjss-269	140	2	∑	∑	ADP
esutjss-269	140	3	𝜂𝑖	𝜂𝑖	X
esutjss-269	140	4	𝑛	𝑛	VERB
esutjss-269	140	5	𝑖	𝑖	SYM
esutjss-269	140	6	𝐺𝑂𝑉𝑇𝑡−𝑖	𝐺𝑂𝑉𝑇𝑡−𝑖	PROPN
esutjss-269	140	7	+	+	CCONJ
esutjss-269	140	8	𝜇	𝜇	ADP
esutjss-269	140	9	𝑀𝑃𝑅	𝑀𝑃𝑅	PROPN
esutjss-269	140	10	=	=	SYM
esutjss-269	140	11	𝛽	𝛽	PROPN
esutjss-269	140	12	+	+	CCONJ
esutjss-269	140	13	∑	∑	ADP
esutjss-269	140	14	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	140	15	𝑛	𝑛	PRON
esutjss-269	140	16	𝑖=1	𝑖=1	PROPN
esutjss-269	140	17	𝑀𝑃𝑅𝑡−𝑖	𝑀𝑃𝑅𝑡−𝑖	PROPN
esutjss-269	141	1	+	+	NOUN
esutjss-269	141	2	∑	∑	PROPN
esutjss-269	141	3	𝜃𝑖	𝜃𝑖	PRON
esutjss-269	141	4	𝑛	𝑛	VERB
esutjss-269	141	5	𝑖	𝑖	PUNCT
esutjss-269	141	6	𝐷𝑆𝐸𝑅𝑉𝑡−𝑖	𝐷𝑆𝐸𝑅𝑉𝑡−𝑖	PROPN
esutjss-269	141	7	+	+	CCONJ
esutjss-269	141	8	∑	∑	PROPN
esutjss-269	141	9	𝜗𝑖	𝜗𝑖	PROPN
esutjss-269	141	10	𝑛	𝑛	PROPN
esutjss-269	141	11	𝑖	𝑖	SYM
esutjss-269	141	12	𝐺𝐷𝑃𝑡−𝑖	𝐺𝐷𝑃𝑡−𝑖	NOUN
esutjss-269	141	13	+	+	CCONJ
esutjss-269	141	14	∑	∑	ADP
esutjss-269	141	15	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	141	16	𝑛	𝑛	PRON
esutjss-269	141	17	𝑖=1	𝑖=1	PUNCT
esutjss-269	141	18	𝐷𝐵𝑇𝐺𝐷𝑃𝑡−𝑖	𝐷𝐵𝑇𝐺𝐷𝑃𝑡−𝑖	PROPN
esutjss-269	142	1	+	+	CCONJ
esutjss-269	142	2	∑	∑	PUNCT
esutjss-269	142	3	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	142	4	𝑛	𝑛	PRON
esutjss-269	142	5	𝑖=1	𝑖=1	PROPN
esutjss-269	142	6	𝐺𝑂𝑉𝑇𝑡−𝑖	𝐺𝑂𝑉𝑇𝑡−𝑖	PROPN
esutjss-269	142	7	+	+	CCONJ
esutjss-269	142	8	𝜇	𝜇	ADP
esutjss-269	142	9	𝐺𝑂𝑉𝑇	𝐺𝑂𝑉𝑇	NOUN
esutjss-269	142	10	=	=	SYM
esutjss-269	142	11	𝛽	𝛽	NOUN
esutjss-269	142	12	+	+	NOUN
esutjss-269	142	13	∑	∑	ADP
esutjss-269	142	14	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	142	15	𝑛	𝑛	PRON
esutjss-269	142	16	𝑖=1	𝑖=1	PUNCT
esutjss-269	142	17	𝐺𝑂𝑉𝑇𝑡−𝑖	𝐺𝑂𝑉𝑇𝑡−𝑖	PROPN
esutjss-269	142	18	+	+	CCONJ
esutjss-269	142	19	∑	∑	PROPN
esutjss-269	142	20	𝜃𝑖	𝜃𝑖	PRON
esutjss-269	142	21	𝑛	𝑛	VERB
esutjss-269	142	22	𝑖	𝑖	PUNCT
esutjss-269	142	23	𝐷𝑆𝐸𝑅𝑉𝑡−𝑖	𝐷𝑆𝐸𝑅𝑉𝑡−𝑖	PROPN
esutjss-269	142	24	+	+	CCONJ
esutjss-269	142	25	∑	∑	PROPN
esutjss-269	142	26	𝜗𝑖	𝜗𝑖	PROPN
esutjss-269	142	27	𝑛	𝑛	PROPN
esutjss-269	142	28	𝑖	𝑖	SYM
esutjss-269	142	29	𝐺𝐷𝑃𝑡−𝑖	𝐺𝐷𝑃𝑡−𝑖	NOUN
esutjss-269	143	1	+	+	CCONJ
esutjss-269	143	2	∑	∑	ADP
esutjss-269	143	3	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	143	4	𝑛	𝑛	PRON
esutjss-269	143	5	𝑖=1	𝑖=1	PUNCT
esutjss-269	143	6	𝐷𝐵𝑇𝐺𝐷𝑃𝑡−𝑖	𝐷𝐵𝑇𝐺𝐷𝑃𝑡−𝑖	PROPN
esutjss-269	144	1	+	+	CCONJ
esutjss-269	144	2	∑	∑	PUNCT
esutjss-269	144	3	𝛾𝑖	𝛾𝑖	ADV
esutjss-269	144	4	𝑛	𝑛	PRON
esutjss-269	144	5	𝑖=1	𝑖=1	PUNCT
esutjss-269	144	6	𝑀𝑃𝑅	𝑀𝑃𝑅	PROPN
esutjss-269	144	7	+	+	CCONJ
esutjss-269	144	8	𝜇	𝜇	DET
esutjss-269	144	9	decision	decision	NOUN
esutjss-269	144	10	rule	rule	NOUN
esutjss-269	144	11	:	:	PUNCT
esutjss-269	144	12	if	if	SCONJ
esutjss-269	144	13	the	the	DET
esutjss-269	144	14	probability	probability	NOUN
esutjss-269	144	15	value	value	NOUN
esutjss-269	144	16	of	of	ADP
esutjss-269	144	17	an	an	DET
esutjss-269	144	18	estimated	estimate	VERB
esutjss-269	144	19	granger	granger	NOUN
esutjss-269	144	20	causality	causality	NOUN
esutjss-269	144	21	is	be	AUX
esutjss-269	144	22	less	less	ADJ
esutjss-269	144	23	than	than	ADP
esutjss-269	144	24	0.05	0.05	NUM
esutjss-269	144	25	,	,	PUNCT
esutjss-269	144	26	we	we	PRON
esutjss-269	144	27	reject	reject	VERB
esutjss-269	144	28	the	the	DET
esutjss-269	144	29	null	null	ADJ
esutjss-269	144	30	hypothesis	hypothesis	NOUN
esutjss-269	144	31	and	and	CCONJ
esutjss-269	144	32	conclude	conclude	VERB
esutjss-269	144	33	that	that	SCONJ
esutjss-269	144	34	a	a	DET
esutjss-269	144	35	granger	granger	NOUN
esutjss-269	144	36	causality	causality	NOUN
esutjss-269	144	37	exists	exist	VERB
esutjss-269	144	38	while	while	SCONJ
esutjss-269	144	39	if	if	SCONJ
esutjss-269	144	40	the	the	DET
esutjss-269	144	41	probability	probability	NOUN
esutjss-269	144	42	value	value	NOUN
esutjss-269	144	43	is	be	AUX
esutjss-269	144	44	greater	great	ADJ
esutjss-269	144	45	than	than	ADP
esutjss-269	144	46	0.05	0.05	NUM
esutjss-269	144	47	,	,	PUNCT
esutjss-269	144	48	we	we	PRON
esutjss-269	144	49	accept	accept	VERB
esutjss-269	144	50	the	the	DET
esutjss-269	144	51	null	null	ADJ
esutjss-269	144	52	hypothesis	hypothesis	NOUN
esutjss-269	144	53	and	and	CCONJ
esutjss-269	144	54	conclude	conclude	VERB
esutjss-269	144	55	that	that	SCONJ
esutjss-269	144	56	there	there	PRON
esutjss-269	144	57	exists	exist	VERB
esutjss-269	144	58	no	no	DET
esutjss-269	144	59	causality	causality	NOUN
esutjss-269	144	60	relationship	relationship	NOUN
esutjss-269	144	61	among	among	ADP
esutjss-269	144	62	the	the	DET
esutjss-269	144	63	variables	variable	NOUN
esutjss-269	144	64	.	.	PUNCT
esutjss-269	145	1	table	table	NOUN
esutjss-269	145	2	4.1	4.1	NUM
esutjss-269	145	3	presents	present	VERB
esutjss-269	145	4	the	the	DET
esutjss-269	145	5	sources	source	NOUN
esutjss-269	145	6	of	of	ADP
esutjss-269	145	7	data	datum	NOUN
esutjss-269	145	8	90	90	NUM
esutjss-269	145	9	variables	variable	NOUN
esutjss-269	145	10	proxy	proxy	ADJ
esutjss-269	145	11	measure	measure	NOUN
esutjss-269	145	12	source	source	NOUN
esutjss-269	145	13	real	real	ADJ
esutjss-269	145	14	gdp	gdp	NOUN
esutjss-269	145	15	economic	economic	ADJ
esutjss-269	145	16	growth	growth	NOUN
esutjss-269	145	17	total	total	NOUN
esutjss-269	145	18	value	value	NOUN
esutjss-269	145	19	of	of	ADP
esutjss-269	145	20	goods	good	NOUN
esutjss-269	145	21	and	and	CCONJ
esutjss-269	145	22	services	service	NOUN
esutjss-269	145	23	cbn	cbn	PROPN
esutjss-269	145	24	bulletin	bulletin	NOUN
esutjss-269	145	25	,	,	PUNCT
esutjss-269	145	26	dbtgdp	dbtgdp	ADP
esutjss-269	145	27	debt	debt	NOUN
esutjss-269	145	28	-	-	PUNCT
esutjss-269	145	29	to	to	ADP
esutjss-269	145	30	-	-	PUNCT
esutjss-269	145	31	gdp	gdp	NOUN
esutjss-269	145	32	ratio	ratio	NOUN
esutjss-269	145	33	debt	debt	NOUN
esutjss-269	145	34	management	management	NOUN
esutjss-269	145	35	office(dmo	office(dmo	PROPN
esutjss-269	145	36	)	)	PUNCT
esutjss-269	145	37	dserv	dserv	VERB
esutjss-269	145	38	debt	debt	NOUN
esutjss-269	145	39	-	-	PUNCT
esutjss-269	145	40	toservice	toservice	NOUN
esutjss-269	145	41	ratio	ratio	NOUN
esutjss-269	145	42	dmo	dmo	PROPN
esutjss-269	145	43	mpr	mpr	PROPN
esutjss-269	145	44	monetary	monetary	ADJ
esutjss-269	145	45	policy	policy	NOUN
esutjss-269	145	46	rate	rate	NOUN
esutjss-269	145	47	rate	rate	NOUN
esutjss-269	145	48	cbn	cbn	PROPN
esutjss-269	145	49	bulletin	bulletin	NOUN
esutjss-269	145	50	govt	govt	NOUN
esutjss-269	145	51	government	government	NOUN
esutjss-269	145	52	expenditure	expenditure	NOUN
esutjss-269	145	53	percentage	percentage	NOUN
esutjss-269	145	54	of	of	ADP
esutjss-269	145	55	gdp	gdp	NOUN
esutjss-269	145	56	cbn	cbn	PROPN
esutjss-269	145	57	bulletin	bulletin	NOUN
esutjss-269	145	58	5	5	NUM
esutjss-269	145	59	.	.	PUNCT
esutjss-269	146	1	empirical	empirical	ADJ
esutjss-269	146	2	results	result	NOUN
esutjss-269	146	3	and	and	CCONJ
esutjss-269	146	4	analysis	analysis	NOUN
esutjss-269	146	5	5.1	5.1	NUM
esutjss-269	146	6	.	.	PUNCT
esutjss-269	146	7	unit	unit	NOUN
esutjss-269	146	8	-	-	PUNCT
esutjss-269	146	9	root	root	NOUN
esutjss-269	146	10	test	test	NOUN
esutjss-269	146	11	result	result	NOUN
esutjss-269	146	12	table	table	NOUN
esutjss-269	146	13	5.1	5.1	NUM
esutjss-269	146	14	:	:	PUNCT
esutjss-269	146	15	unit	unit	NOUN
esutjss-269	146	16	root	root	PROPN
esutjss-269	146	17	test	test	NOUN
esutjss-269	146	18	result	result	VERB
esutjss-269	146	19	variable	variable	ADJ
esutjss-269	146	20	adf	adf	PROPN
esutjss-269	146	21	stat	stat	PROPN
esutjss-269	146	22	.	.	PUNCT
esutjss-269	147	1	critical	critical	ADJ
esutjss-269	147	2	value	value	NOUN
esutjss-269	147	3	.	.	PUNCT
esutjss-269	148	1	order	order	NOUN
esutjss-269	148	2	of	of	ADP
esutjss-269	148	3	integration	integration	NOUN
esutjss-269	148	4	rgdp	rgdp	NOUN
esutjss-269	148	5	-5.304880	-5.304880	ADJ
esutjss-269	148	6	-3.533083	-3.533083	PROPN
esutjss-269	148	7	i(1	i(1	NOUN
esutjss-269	148	8	)	)	PUNCT
esutjss-269	148	9	dbtgdp	dbtgdp	ADP
esutjss-269	148	10	-4.649705	-4.649705	NOUN
esutjss-269	148	11	-1.949609	-1.949609	PUNCT
esutjss-269	148	12	i(1	i(1	NOUN
esutjss-269	148	13	)	)	PUNCT
esutjss-269	148	14	dserv	dserv	PROPN
esutjss-269	148	15	-5.742142	-5.742142	ADJ
esutjss-269	148	16	-1.949609	-1.949609	NOUN
esutjss-269	149	1	i(1)s	i(1)s	PRON
esutjss-269	149	2	mpr	mpr	PROPN
esutjss-269	149	3	-4.095670	-4.095670	X
esutjss-269	149	4	-1.951332	-1.951332	PUNCT
esutjss-269	149	5	i(1	i(1	PROPN
esutjss-269	149	6	)	)	PUNCT
esutjss-269	149	7	govt	govt	PROPN
esutjss-269	149	8	-3.206057	-3.206057	NOUN
esutjss-269	149	9	-1.949856	-1.949856	PROPN
esutjss-269	149	10	i(1	i(1	PROPN
esutjss-269	149	11	)	)	PUNCT
esutjss-269	149	12	source	source	NOUN
esutjss-269	149	13	:	:	PUNCT
esutjss-269	149	14	authors	author	NOUN
esutjss-269	149	15	computation	computation	VERB
esutjss-269	149	16	using	use	VERB
esutjss-269	149	17	eview	eview	NOUN
esutjss-269	149	18	12	12	NUM
esutjss-269	149	19	5.1	5.1	NUM
esutjss-269	149	20	.	.	PUNCT
esutjss-269	150	1	cointegration	cointegration	NOUN
esutjss-269	150	2	analysis	analysis	NOUN
esutjss-269	150	3	(	(	PUNCT
esutjss-269	150	4	johansen	johansen	PROPN
esutjss-269	150	5	methodology	methodology	PROPN
esutjss-269	150	6	)	)	PUNCT
esutjss-269	150	7	table	table	NOUN
esutjss-269	150	8	5.2	5.2	NUM
esutjss-269	150	9	:	:	PUNCT
esutjss-269	150	10	cointegration	cointegration	NOUN
esutjss-269	150	11	test	test	NOUN
esutjss-269	150	12	result	result	NOUN
esutjss-269	150	13	series	series	NOUN
esutjss-269	150	14	:	:	PUNCT
esutjss-269	150	15	gdpr	gdpr	PROPN
esutjss-269	150	16	dbtgdp	dbtgdp	ADP
esutjss-269	150	17	dserv	dserv	PROPN
esutjss-269	150	18	mpr	mpr	NOUN
esutjss-269	150	19	govt	govt	NOUN
esutjss-269	150	20	lags	lag	VERB
esutjss-269	150	21	interval	interval	NOUN
esutjss-269	150	22	(	(	PUNCT
esutjss-269	150	23	in	in	ADP
esutjss-269	150	24	first	first	ADJ
esutjss-269	150	25	differences	difference	NOUN
esutjss-269	150	26	):	):	PUNCT
esutjss-269	150	27	1	1	NUM
esutjss-269	150	28	to	to	PART
esutjss-269	150	29	1	1	NUM
esutjss-269	150	30	unrestricted	unrestricted	ADJ
esutjss-269	150	31	cointegration	cointegration	NOUN
esutjss-269	150	32	rank	rank	NOUN
esutjss-269	150	33	test	test	NOUN
esutjss-269	150	34	(	(	PUNCT
esutjss-269	150	35	trace	trace	NOUN
esutjss-269	150	36	)	)	PUNCT
esutjss-269	150	37	hypothesized	hypothesize	VERB
esutjss-269	150	38	trace	trace	NOUN
esutjss-269	150	39	0.05	0.05	NUM
esutjss-269	150	40	no	no	NOUN
esutjss-269	150	41	.	.	PUNCT
esutjss-269	150	42	of	of	ADP
esutjss-269	150	43	ce(s	ce(s	ADV
esutjss-269	150	44	)	)	PUNCT
esutjss-269	150	45	eigenvalue	eigenvalue	NOUN
esutjss-269	150	46	statistic	statistic	ADJ
esutjss-269	150	47	critical	critical	ADJ
esutjss-269	150	48	value	value	NOUN
esutjss-269	150	49	prob	prob	NOUN
esutjss-269	150	50	.	.	PUNCT
esutjss-269	151	1	*	*	PUNCT
esutjss-269	152	1	*	*	PUNCT
esutjss-269	153	1	none	none	NOUN
esutjss-269	153	2	*	*	PUNCT
esutjss-269	154	1	0.524093	0.524093	NUM
esutjss-269	154	2	79.10069	79.10069	NUM
esutjss-269	154	3	69.81889	69.81889	NUM
esutjss-269	154	4	0.0117	0.0117	NUM
esutjss-269	154	5	at	at	ADP
esutjss-269	154	6	most	most	ADJ
esutjss-269	154	7	1	1	NUM
esutjss-269	154	8	*	*	SYM
esutjss-269	154	9	0.459742	0.459742	NUM
esutjss-269	154	10	52.34193	52.34193	NUM
esutjss-269	154	11	67.85613	67.85613	NUM
esutjss-269	154	12	0.0470	0.0470	NUM
esutjss-269	154	13	at	at	ADP
esutjss-269	154	14	most	most	ADJ
esutjss-269	154	15	2	2	NUM
esutjss-269	154	16	0.291001	0.291001	NUM
esutjss-269	154	17	24.12928	24.12928	NUM
esutjss-269	154	18	29.79707	29.79707	NUM
esutjss-269	154	19	0.1950	0.1950	NUM
esutjss-269	154	20	at	at	ADP
esutjss-269	154	21	most	most	ADJ
esutjss-269	154	22	3	3	NUM
esutjss-269	154	23	0.169749	0.169749	NUM
esutjss-269	154	24	10.71716	10.71716	NUM
esutjss-269	154	25	15.49471	15.49471	NUM
esutjss-269	154	26	0.2295	0.2295	NUM
esutjss-269	154	27	at	at	ADP
esutjss-269	154	28	most	most	ADJ
esutjss-269	154	29	4	4	NUM
esutjss-269	154	30	0.084946	0.084946	NUM
esutjss-269	154	31	3.462106	3.462106	NUM
esutjss-269	154	32	3.841466	3.841466	NUM
esutjss-269	154	33	0.0628	0.0628	NUM
esutjss-269	154	34	trace	trace	NOUN
esutjss-269	154	35	test	test	NOUN
esutjss-269	154	36	indicates	indicate	VERB
esutjss-269	154	37	2	2	NUM
esutjss-269	154	38	co	co	ADJ
esutjss-269	154	39	-	-	ADJ
esutjss-269	154	40	integrating	integrating	ADJ
esutjss-269	154	41	eqn(s	eqn(s	PROPN
esutjss-269	154	42	)	)	PUNCT
esutjss-269	154	43	at	at	ADP
esutjss-269	154	44	the	the	DET
esutjss-269	154	45	0.05	0.05	NUM
esutjss-269	154	46	level	level	NOUN
esutjss-269	154	47	*	*	PUNCT
esutjss-269	154	48	denotes	denote	NOUN
esutjss-269	154	49	rejection	rejection	NOUN
esutjss-269	154	50	of	of	ADP
esutjss-269	154	51	the	the	DET
esutjss-269	154	52	hypothesis	hypothesis	NOUN
esutjss-269	154	53	at	at	ADP
esutjss-269	154	54	the	the	DET
esutjss-269	154	55	0.05	0.05	NUM
esutjss-269	154	56	level	level	NOUN
esutjss-269	154	57	91	91	NUM
esutjss-269	154	58	*	*	PUNCT
esutjss-269	154	59	*	*	PUNCT
esutjss-269	154	60	mackinnon	mackinnon	NOUN
esutjss-269	154	61	-	-	PUNCT
esutjss-269	154	62	haug	haug	NOUN
esutjss-269	154	63	-	-	PUNCT
esutjss-269	154	64	michelis	michelis	PROPN
esutjss-269	154	65	(	(	PUNCT
esutjss-269	154	66	1999	1999	NUM
esutjss-269	154	67	)	)	PUNCT
esutjss-269	154	68	p	p	NOUN
esutjss-269	154	69	-	-	PUNCT
esutjss-269	154	70	values	value	NOUN
esutjss-269	154	71	source	source	NOUN
esutjss-269	154	72	:	:	PUNCT
esutjss-269	154	73	authors	author	NOUN
esutjss-269	154	74	computation	computation	VERB
esutjss-269	154	75	using	use	VERB
esutjss-269	154	76	eview	eview	NOUN
esutjss-269	154	77	12	12	NUM
esutjss-269	154	78	.	.	PUNCT
esutjss-269	155	1	the	the	DET
esutjss-269	155	2	johansen	johansen	PROPN
esutjss-269	155	3	method	method	NOUN
esutjss-269	155	4	of	of	ADP
esutjss-269	155	5	co	co	NOUN
esutjss-269	155	6	-	-	NOUN
esutjss-269	155	7	integration	integration	NOUN
esutjss-269	155	8	was	be	AUX
esutjss-269	155	9	used	use	VERB
esutjss-269	155	10	for	for	ADP
esutjss-269	155	11	the	the	DET
esutjss-269	155	12	study	study	NOUN
esutjss-269	155	13	because	because	SCONJ
esutjss-269	155	14	all	all	DET
esutjss-269	155	15	the	the	DET
esutjss-269	155	16	variables	variable	NOUN
esutjss-269	155	17	are	be	AUX
esutjss-269	155	18	stationary	stationary	ADJ
esutjss-269	155	19	at	at	ADP
esutjss-269	155	20	first	first	ADJ
esutjss-269	155	21	difference	difference	NOUN
esutjss-269	155	22	.	.	PUNCT
esutjss-269	156	1	the	the	DET
esutjss-269	156	2	johansen	johansen	PROPN
esutjss-269	156	3	result	result	PROPN
esutjss-269	156	4	as	as	SCONJ
esutjss-269	156	5	displayed	display	VERB
esutjss-269	156	6	in	in	ADP
esutjss-269	156	7	table	table	NOUN
esutjss-269	156	8	5.1	5.1	NUM
esutjss-269	156	9	clearly	clearly	ADV
esutjss-269	156	10	shows	show	VERB
esutjss-269	156	11	evidence	evidence	NOUN
esutjss-269	156	12	of	of	ADP
esutjss-269	156	13	co	co	NOUN
esutjss-269	156	14	-	-	NOUN
esutjss-269	156	15	integration	integration	NOUN
esutjss-269	156	16	as	as	SCONJ
esutjss-269	156	17	trace	trace	NOUN
esutjss-269	156	18	statistics	statistic	NOUN
esutjss-269	156	19	test	test	NOUN
esutjss-269	156	20	indicates	indicate	VERB
esutjss-269	156	21	2	2	NUM
esutjss-269	156	22	co	co	ADJ
esutjss-269	156	23	-	-	ADJ
esutjss-269	156	24	integrating	integrating	ADJ
esutjss-269	156	25	equations	equation	NOUN
esutjss-269	156	26	as	as	ADP
esutjss-269	156	27	the	the	DET
esutjss-269	156	28	trace	trace	NOUN
esutjss-269	156	29	statistic	statistic	NOUN
esutjss-269	156	30	value	value	NOUN
esutjss-269	156	31	is	be	AUX
esutjss-269	156	32	greater	great	ADJ
esutjss-269	156	33	than	than	ADP
esutjss-269	156	34	that	that	PRON
esutjss-269	156	35	of	of	ADP
esutjss-269	156	36	5	5	NUM
esutjss-269	156	37	%	%	NOUN
esutjss-269	156	38	critical	critical	ADJ
esutjss-269	156	39	value	value	NOUN
esutjss-269	156	40	(	(	PUNCT
esutjss-269	156	41	79.10069	79.10069	NUM
esutjss-269	156	42	>	>	X
esutjss-269	156	43	69.81889	69.81889	NUM
esutjss-269	156	44	)	)	PUNCT
esutjss-269	156	45	&	&	CCONJ
esutjss-269	156	46	(	(	PUNCT
esutjss-269	156	47	52.14193	52.14193	NUM
esutjss-269	156	48	>	>	X
esutjss-269	156	49	67.85613	67.85613	NUM
esutjss-269	156	50	)	)	PUNCT
esutjss-269	156	51	.	.	PUNCT
esutjss-269	157	1	this	this	PRON
esutjss-269	157	2	entails	entail	VERB
esutjss-269	157	3	that	that	SCONJ
esutjss-269	157	4	there	there	PRON
esutjss-269	157	5	exists	exist	VERB
esutjss-269	157	6	a	a	DET
esutjss-269	157	7	long	long	ADV
esutjss-269	157	8	-	-	PUNCT
esutjss-269	157	9	run	run	NOUN
esutjss-269	157	10	relationship	relationship	NOUN
esutjss-269	157	11	between	between	ADP
esutjss-269	157	12	the	the	DET
esutjss-269	157	13	variable	variable	NOUN
esutjss-269	157	14	under	under	ADP
esutjss-269	157	15	analysis	analysis	NOUN
esutjss-269	157	16	.	.	PUNCT
esutjss-269	158	1	5.2	5.2	NUM
esutjss-269	158	2	error	error	NOUN
esutjss-269	158	3	correction	correction	NOUN
esutjss-269	158	4	model	model	NOUN
esutjss-269	158	5	regression	regression	NOUN
esutjss-269	158	6	results	result	NOUN
esutjss-269	158	7	table	table	VERB
esutjss-269	158	8	5.2	5.2	NUM
esutjss-269	158	9	:	:	PUNCT
esutjss-269	158	10	ecm	ecm	NOUN
esutjss-269	158	11	results	result	VERB
esutjss-269	158	12	dependent	dependent	ADJ
esutjss-269	158	13	variable	variable	NOUN
esutjss-269	158	14	:	:	PUNCT
esutjss-269	158	15	d(gdpr	d(gdpr	NOUN
esutjss-269	158	16	)	)	PUNCT
esutjss-269	158	17	method	method	NOUN
esutjss-269	158	18	:	:	PUNCT
esutjss-269	158	19	least	least	ADJ
esutjss-269	158	20	squares	square	VERB
esutjss-269	158	21	variable	variable	ADJ
esutjss-269	158	22	coefficient	coefficient	NOUN
esutjss-269	158	23	std	std	PROPN
esutjss-269	158	24	.	.	NOUN
esutjss-269	158	25	error	error	NOUN
esutjss-269	158	26	t	t	NOUN
esutjss-269	158	27	-	-	PUNCT
esutjss-269	158	28	statistic	statistic	NOUN
esutjss-269	158	29	prob	prob	NOUN
esutjss-269	158	30	.	.	PUNCT
esutjss-269	159	1	c	c	PROPN
esutjss-269	159	2	0.074009	0.074009	NUM
esutjss-269	159	3	0.025936	0.025936	NUM
esutjss-269	159	4	2.853551	2.853551	NUM
esutjss-269	159	5	0.0073	0.0073	NUM
esutjss-269	159	6	d(dbtgdp	d(dbtgdp	NOUN
esutjss-269	159	7	)	)	PUNCT
esutjss-269	159	8	-0.000206	-0.000206	VERB
esutjss-269	159	9	0.000299	0.000299	NUM
esutjss-269	159	10	-0.688940	-0.688940	NOUN
esutjss-269	159	11	0.4955	0.4955	NUM
esutjss-269	159	12	d(dserv	d(dserv	NOUN
esutjss-269	159	13	)	)	PUNCT
esutjss-269	159	14	-0.001716	-0.001716	VERB
esutjss-269	159	15	0.005010	0.005010	NUM
esutjss-269	159	16	-0.342420	-0.342420	NOUN
esutjss-269	159	17	0.7341	0.7341	NUM
esutjss-269	159	18	d(mpr	d(mpr	NOUN
esutjss-269	159	19	)	)	PUNCT
esutjss-269	159	20	-0.005717	-0.005717	NOUN
esutjss-269	160	1	0.005933	0.005933	NUM
esutjss-269	160	2	-0.963507	-0.963507	NOUN
esutjss-269	160	3	0.3421	0.3421	NUM
esutjss-269	160	4	d(govt	d(govt	NOUN
esutjss-269	160	5	)	)	PUNCT
esutjss-269	160	6	-0.000307	-0.000307	NOUN
esutjss-269	161	1	8.400905	8.400905	NUM
esutjss-269	161	2	-3.648195	-3.648195	NOUN
esutjss-269	161	3	0.0009	0.0009	NUM
esutjss-269	161	4	ecm(-1	ecm(-1	PROPN
esutjss-269	161	5	)	)	PUNCT
esutjss-269	161	6	-0.046398	-0.046398	NOUN
esutjss-269	161	7	0.085309	0.085309	NUM
esutjss-269	161	8	-0.543880	-0.543880	VERB
esutjss-269	162	1	0.5901	0.5901	NUM
esutjss-269	162	2	r	r	NOUN
esutjss-269	162	3	-	-	PUNCT
esutjss-269	162	4	squared	square	VERB
esutjss-269	162	5	0.554538	0.554538	NUM
esutjss-269	162	6	mean	mean	NOUN
esutjss-269	162	7	dependent	dependent	ADJ
esutjss-269	162	8	var	var	NOUN
esutjss-269	162	9	-0.010296	-0.010296	NOUN
esutjss-269	162	10	adjusted	adjust	VERB
esutjss-269	162	11	r	r	NOUN
esutjss-269	162	12	-	-	PUNCT
esutjss-269	162	13	squared	square	VERB
esutjss-269	162	14	0.489029	0.489029	PROPN
esutjss-269	162	15	s.d	s.d	PROPN
esutjss-269	162	16	.	.	PUNCT
esutjss-269	163	1	dependent	dependent	ADJ
esutjss-269	163	2	var	var	PROPN
esutjss-269	163	3	0.194478	0.194478	NUM
esutjss-269	163	4	s.e	s.e	PROPN
esutjss-269	163	5	.	.	PROPN
esutjss-269	163	6	of	of	ADP
esutjss-269	163	7	regression	regression	NOUN
esutjss-269	163	8	0.139017	0.139017	NUM
esutjss-269	163	9	akaike	akaike	ADJ
esutjss-269	163	10	info	info	NOUN
esutjss-269	163	11	criterion	criterion	NOUN
esutjss-269	163	12	-0.970958	-0.970958	PROPN
esutjss-269	163	13	sum	sum	PROPN
esutjss-269	163	14	squared	square	VERB
esutjss-269	163	15	resid	resid	NOUN
esutjss-269	163	16	0.657076	0.657076	NUM
esutjss-269	163	17	schwarz	schwarz	PROPN
esutjss-269	163	18	criterion	criterion	NOUN
esutjss-269	163	19	-0.717626	-0.717626	NOUN
esutjss-269	163	20	log	log	PROPN
esutjss-269	163	21	likelihood	likelihood	NOUN
esutjss-269	163	22	25.41916	25.41916	NUM
esutjss-269	163	23	hannan	hannan	PROPN
esutjss-269	163	24	-	-	PUNCT
esutjss-269	163	25	quinn	quinn	PROPN
esutjss-269	163	26	criter	criter	NOUN
esutjss-269	163	27	.	.	PUNCT
esutjss-269	164	1	-0.879361	-0.879361	VERB
esutjss-269	165	1	f	f	X
esutjss-269	165	2	-	-	PUNCT
esutjss-269	165	3	statistic	statistic	ADJ
esutjss-269	165	4	8.465043	8.465043	NUM
esutjss-269	165	5	durbin	durbin	ADJ
esutjss-269	165	6	-	-	PUNCT
esutjss-269	165	7	watson	watson	NOUN
esutjss-269	165	8	stat	stat	PROPN
esutjss-269	165	9	2.133643	2.133643	NUM
esutjss-269	165	10	prob(f	prob(f	NOUN
esutjss-269	165	11	-	-	PUNCT
esutjss-269	165	12	statistic	statistic	NOUN
esutjss-269	165	13	)	)	PUNCT
esutjss-269	165	14	0.000028	0.000028	NUM
esutjss-269	165	15	source	source	NOUN
esutjss-269	165	16	:	:	PUNCT
esutjss-269	165	17	authors	author	NOUN
esutjss-269	165	18	computation	computation	VERB
esutjss-269	165	19	using	use	VERB
esutjss-269	165	20	eview	eview	NOUN
esutjss-269	165	21	12	12	NUM
esutjss-269	165	22	it	it	PRON
esutjss-269	165	23	can	can	AUX
esutjss-269	165	24	be	be	AUX
esutjss-269	165	25	clearly	clearly	ADV
esutjss-269	165	26	seen	see	VERB
esutjss-269	165	27	from	from	ADP
esutjss-269	165	28	table	table	NOUN
esutjss-269	165	29	5.2	5.2	NUM
esutjss-269	165	30	that	that	SCONJ
esutjss-269	165	31	external	external	ADJ
esutjss-269	165	32	debt	debt	NOUN
esutjss-269	165	33	sustainability	sustainability	NOUN
esutjss-269	165	34	measured	measure	VERB
esutjss-269	165	35	with	with	ADP
esutjss-269	165	36	the	the	DET
esutjss-269	165	37	ratio	ratio	NOUN
esutjss-269	165	38	of	of	ADP
esutjss-269	165	39	external	external	ADJ
esutjss-269	165	40	debt	debt	NOUN
esutjss-269	165	41	to	to	ADP
esutjss-269	165	42	gdp	gdp	NOUN
esutjss-269	165	43	(	(	PUNCT
esutjss-269	165	44	dbt	dbt	PROPN
esutjss-269	165	45	/	/	SYM
esutjss-269	165	46	gdp	gdp	NOUN
esutjss-269	165	47	)	)	PUNCT
esutjss-269	165	48	yielded	yield	VERB
esutjss-269	165	49	a	a	DET
esutjss-269	165	50	regression	regression	NOUN
esutjss-269	165	51	numerical	numerical	ADJ
esutjss-269	165	52	coefficient	coefficient	NOUN
esutjss-269	165	53	of	of	ADP
esutjss-269	165	54	-0.000206	-0.000206	NOUN
esutjss-269	165	55	with	with	ADP
esutjss-269	165	56	a	a	DET
esutjss-269	165	57	corresponding	corresponding	ADJ
esutjss-269	165	58	probability	probability	NOUN
esutjss-269	165	59	value	value	NOUN
esutjss-269	165	60	of	of	ADP
esutjss-269	165	61	0.4955	0.4955	NUM
esutjss-269	165	62	>	>	PUNCT
esutjss-269	165	63	0.05	0.05	NUM
esutjss-269	165	64	.	.	PUNCT
esutjss-269	166	1	this	this	PRON
esutjss-269	166	2	entails	entail	VERB
esutjss-269	166	3	that	that	SCONJ
esutjss-269	166	4	external	external	ADJ
esutjss-269	166	5	debt	debt	NOUN
esutjss-269	166	6	sustainability	sustainability	NOUN
esutjss-269	166	7	contributes	contribute	VERB
esutjss-269	166	8	negatively	negatively	ADV
esutjss-269	166	9	and	and	CCONJ
esutjss-269	166	10	insignificantly	insignificantly	ADV
esutjss-269	166	11	to	to	ADP
esutjss-269	166	12	economic	economic	ADJ
esutjss-269	166	13	growth	growth	NOUN
esutjss-269	166	14	in	in	ADP
esutjss-269	166	15	nigeria	nigeria	PROPN
esutjss-269	166	16	for	for	ADP
esutjss-269	166	17	the	the	DET
esutjss-269	166	18	period	period	NOUN
esutjss-269	166	19	analyzed	analyze	VERB
esutjss-269	166	20	.	.	PUNCT
esutjss-269	167	1	this	this	DET
esutjss-269	167	2	further	far	ADV
esutjss-269	167	3	entails	entail	VERB
esutjss-269	167	4	that	that	SCONJ
esutjss-269	167	5	the	the	DET
esutjss-269	167	6	external	external	ADJ
esutjss-269	167	7	debt	debt	NOUN
esutjss-269	167	8	in	in	ADP
esutjss-269	167	9	nigeria	nigeria	PROPN
esutjss-269	167	10	is	be	AUX
esutjss-269	167	11	not	not	PART
esutjss-269	167	12	sustainable	sustainable	ADJ
esutjss-269	167	13	.	.	PUNCT
esutjss-269	168	1	the	the	DET
esutjss-269	168	2	numerical	numerical	ADJ
esutjss-269	168	3	coefficient	coefficient	NOUN
esutjss-269	168	4	of	of	ADP
esutjss-269	168	5	the	the	DET
esutjss-269	168	6	regression	regression	NOUN
esutjss-269	168	7	output	output	NOUN
esutjss-269	168	8	also	also	ADV
esutjss-269	168	9	shows	show	VERB
esutjss-269	168	10	that	that	SCONJ
esutjss-269	168	11	debt	debt	NOUN
esutjss-269	168	12	service	service	NOUN
esutjss-269	168	13	ratio	ratio	NOUN
esutjss-269	168	14	yielded	yield	VERB
esutjss-269	168	15	a	a	DET
esutjss-269	168	16	negative	negative	ADJ
esutjss-269	168	17	numerical	numerical	ADJ
esutjss-269	168	18	value	value	NOUN
esutjss-269	168	19	at	at	ADP
esutjss-269	168	20	the	the	DET
esutjss-269	168	21	magnitude	magnitude	NOUN
esutjss-269	168	22	of	of	ADP
esutjss-269	168	23	-0.001716	-0.001716	NOUN
esutjss-269	168	24	with	with	ADP
esutjss-269	168	25	a	a	DET
esutjss-269	168	26	corresponding	corresponding	ADJ
esutjss-269	168	27	probability	probability	NOUN
esutjss-269	168	28	value	value	NOUN
esutjss-269	168	29	of	of	ADP
esutjss-269	168	30	0.7341	0.7341	NUM
esutjss-269	168	31	>	>	PUNCT
esutjss-269	168	32	0.05	0.05	NUM
esutjss-269	168	33	.	.	PUNCT
esutjss-269	169	1	this	this	PRON
esutjss-269	169	2	entails	entail	VERB
esutjss-269	169	3	that	that	SCONJ
esutjss-269	169	4	debt	debt	NOUN
esutjss-269	169	5	service	service	NOUN
esutjss-269	169	6	ratio	ratio	NOUN
esutjss-269	169	7	has	have	VERB
esutjss-269	169	8	a	a	DET
esutjss-269	169	9	negative	negative	ADJ
esutjss-269	169	10	relationship	relationship	NOUN
esutjss-269	169	11	with	with	ADP
esutjss-269	169	12	economic	economic	ADJ
esutjss-269	169	13	92	92	NUM
esutjss-269	169	14	growth	growth	NOUN
esutjss-269	169	15	in	in	ADP
esutjss-269	169	16	nigeria	nigeria	PROPN
esutjss-269	169	17	.	.	PUNCT
esutjss-269	170	1	hence	hence	ADV
esutjss-269	170	2	,	,	PUNCT
esutjss-269	170	3	a	a	DET
esutjss-269	170	4	one	one	NUM
esutjss-269	170	5	percent	percent	NOUN
esutjss-269	170	6	increase	increase	NOUN
esutjss-269	170	7	in	in	ADP
esutjss-269	170	8	debt	debt	NOUN
esutjss-269	170	9	to	to	ADP
esutjss-269	170	10	service	service	NOUN
esutjss-269	170	11	ratio	ratio	NOUN
esutjss-269	170	12	reduced	reduce	VERB
esutjss-269	170	13	economic	economic	ADJ
esutjss-269	170	14	growth	growth	NOUN
esutjss-269	170	15	by	by	ADP
esutjss-269	170	16	0.001716	0.001716	NUM
esutjss-269	170	17	percent	percent	NOUN
esutjss-269	170	18	.	.	PUNCT
esutjss-269	171	1	this	this	PRON
esutjss-269	171	2	conforms	conform	VERB
esutjss-269	171	3	to	to	PART
esutjss-269	171	4	economic	economic	VERB
esutjss-269	171	5	a	a	DET
esutjss-269	171	6	priori	priori	ADJ
esutjss-269	171	7	expectation	expectation	NOUN
esutjss-269	171	8	because	because	SCONJ
esutjss-269	171	9	there	there	PRON
esutjss-269	171	10	is	be	VERB
esutjss-269	171	11	an	an	DET
esutjss-269	171	12	inverse	inverse	NOUN
esutjss-269	171	13	relationship	relationship	NOUN
esutjss-269	171	14	between	between	ADP
esutjss-269	171	15	debt	debt	NOUN
esutjss-269	171	16	service	service	NOUN
esutjss-269	171	17	ratio	ratio	NOUN
esutjss-269	171	18	and	and	CCONJ
esutjss-269	171	19	gross	gross	ADJ
esutjss-269	171	20	domestic	domestic	ADJ
esutjss-269	171	21	product	product	NOUN
esutjss-269	171	22	.	.	PUNCT
esutjss-269	172	1	the	the	DET
esutjss-269	172	2	regression	regression	NOUN
esutjss-269	172	3	output	output	NOUN
esutjss-269	172	4	also	also	ADV
esutjss-269	172	5	shows	show	VERB
esutjss-269	172	6	that	that	SCONJ
esutjss-269	172	7	inflation	inflation	NOUN
esutjss-269	172	8	has	have	VERB
esutjss-269	172	9	an	an	DET
esutjss-269	172	10	inverse	inverse	NOUN
esutjss-269	172	11	relationship	relationship	NOUN
esutjss-269	172	12	with	with	ADP
esutjss-269	172	13	economic	economic	ADJ
esutjss-269	172	14	growth	growth	NOUN
esutjss-269	172	15	in	in	ADP
esutjss-269	172	16	nigeria	nigeria	PROPN
esutjss-269	172	17	.	.	PUNCT
esutjss-269	173	1	this	this	PRON
esutjss-269	173	2	entails	entail	VERB
esutjss-269	173	3	that	that	SCONJ
esutjss-269	173	4	a	a	DET
esutjss-269	173	5	1	1	NUM
esutjss-269	173	6	%	%	NOUN
esutjss-269	173	7	increase	increase	NOUN
esutjss-269	173	8	in	in	ADP
esutjss-269	173	9	inflation	inflation	NOUN
esutjss-269	173	10	yielded	yield	VERB
esutjss-269	173	11	a	a	DET
esutjss-269	173	12	reduction	reduction	NOUN
esutjss-269	173	13	in	in	ADP
esutjss-269	173	14	economic	economic	ADJ
esutjss-269	173	15	growth	growth	NOUN
esutjss-269	173	16	by	by	ADP
esutjss-269	173	17	-0.005717	-0.005717	ADJ
esutjss-269	173	18	%	%	NOUN
esutjss-269	173	19	and	and	CCONJ
esutjss-269	173	20	vice	vice	ADV
esutjss-269	173	21	versa	versa	ADV
esutjss-269	173	22	.	.	PUNCT
esutjss-269	174	1	this	this	PRON
esutjss-269	174	2	conforms	conform	VERB
esutjss-269	174	3	to	to	ADP
esutjss-269	174	4	economic	economic	ADJ
esutjss-269	174	5	theory	theory	NOUN
esutjss-269	174	6	.	.	PUNCT
esutjss-269	175	1	government	government	NOUN
esutjss-269	175	2	expenditures	expenditure	NOUN
esutjss-269	175	3	yielded	yield	VERB
esutjss-269	175	4	a	a	DET
esutjss-269	175	5	negative	negative	ADJ
esutjss-269	175	6	numerical	numerical	ADJ
esutjss-269	175	7	coefficient	coefficient	NOUN
esutjss-269	175	8	of	of	ADP
esutjss-269	175	9	-0.000307	-0.000307	NOUN
esutjss-269	175	10	with	with	ADP
esutjss-269	175	11	a	a	DET
esutjss-269	175	12	corresponding	corresponding	ADJ
esutjss-269	175	13	pvalue	pvalue	NOUN
esutjss-269	175	14	of	of	ADP
esutjss-269	175	15	0.0009	0.0009	NUM
esutjss-269	175	16	<	<	X
esutjss-269	175	17	0.05	0.05	NUM
esutjss-269	175	18	.	.	PUNCT
esutjss-269	176	1	this	this	PRON
esutjss-269	176	2	entails	entail	VERB
esutjss-269	176	3	that	that	SCONJ
esutjss-269	176	4	government	government	NOUN
esutjss-269	176	5	expenditures	expenditure	NOUN
esutjss-269	176	6	contributes	contribute	VERB
esutjss-269	176	7	negatively	negatively	ADV
esutjss-269	176	8	and	and	CCONJ
esutjss-269	176	9	significantly	significantly	ADV
esutjss-269	176	10	to	to	ADP
esutjss-269	176	11	economic	economic	ADJ
esutjss-269	176	12	growth	growth	NOUN
esutjss-269	176	13	in	in	ADP
esutjss-269	176	14	nigeria	nigeria	PROPN
esutjss-269	176	15	for	for	ADP
esutjss-269	176	16	the	the	DET
esutjss-269	176	17	period	period	NOUN
esutjss-269	176	18	reviewed	review	VERB
esutjss-269	176	19	.	.	PUNCT
esutjss-269	177	1	this	this	PRON
esutjss-269	177	2	does	do	AUX
esutjss-269	177	3	not	not	PART
esutjss-269	177	4	also	also	ADV
esutjss-269	177	5	conform	conform	VERB
esutjss-269	177	6	to	to	ADP
esutjss-269	177	7	economic	economic	VERB
esutjss-269	177	8	a	a	DET
esutjss-269	177	9	priori	priori	ADJ
esutjss-269	177	10	expectation	expectation	NOUN
esutjss-269	177	11	.	.	PUNCT
esutjss-269	178	1	this	this	PRON
esutjss-269	178	2	is	be	AUX
esutjss-269	178	3	because	because	SCONJ
esutjss-269	178	4	it	it	PRON
esutjss-269	178	5	is	be	AUX
esutjss-269	178	6	expected	expect	VERB
esutjss-269	178	7	that	that	SCONJ
esutjss-269	178	8	government	government	NOUN
esutjss-269	178	9	expenditures	expenditure	NOUN
esutjss-269	178	10	should	should	AUX
esutjss-269	178	11	have	have	VERB
esutjss-269	178	12	a	a	DET
esutjss-269	178	13	positive	positive	ADJ
esutjss-269	178	14	relationship	relationship	NOUN
esutjss-269	178	15	with	with	ADP
esutjss-269	178	16	economic	economic	ADJ
esutjss-269	178	17	growth	growth	NOUN
esutjss-269	178	18	in	in	ADP
esutjss-269	178	19	nigeria	nigeria	PROPN
esutjss-269	178	20	for	for	ADP
esutjss-269	178	21	the	the	DET
esutjss-269	178	22	period	period	NOUN
esutjss-269	178	23	analyzed	analyze	VERB
esutjss-269	178	24	.	.	PUNCT
esutjss-269	179	1	the	the	DET
esutjss-269	179	2	f	f	PROPN
esutjss-269	179	3	-	-	PUNCT
esutjss-269	179	4	statistics	statistic	NOUN
esutjss-269	179	5	which	which	PRON
esutjss-269	179	6	is	be	AUX
esutjss-269	179	7	employed	employ	VERB
esutjss-269	179	8	to	to	PART
esutjss-269	179	9	test	test	VERB
esutjss-269	179	10	for	for	ADP
esutjss-269	179	11	the	the	DET
esutjss-269	179	12	statistical	statistical	ADJ
esutjss-269	179	13	significance	significance	NOUN
esutjss-269	179	14	of	of	ADP
esutjss-269	179	15	the	the	DET
esutjss-269	179	16	entire	entire	ADJ
esutjss-269	179	17	regression	regression	NOUN
esutjss-269	179	18	plane	plane	NOUN
esutjss-269	179	19	yielded	yield	VERB
esutjss-269	179	20	8.465043	8.465043	NUM
esutjss-269	179	21	with	with	ADP
esutjss-269	179	22	a	a	DET
esutjss-269	179	23	corresponding	corresponding	ADJ
esutjss-269	179	24	probability	probability	NOUN
esutjss-269	179	25	value	value	NOUN
esutjss-269	179	26	of	of	ADP
esutjss-269	179	27	0.000028	0.000028	NUM
esutjss-269	179	28	<	<	X
esutjss-269	179	29	0.05	0.05	NUM
esutjss-269	179	30	.	.	PUNCT
esutjss-269	180	1	this	this	PRON
esutjss-269	180	2	entails	entail	VERB
esutjss-269	180	3	that	that	SCONJ
esutjss-269	180	4	the	the	DET
esutjss-269	180	5	test	test	NOUN
esutjss-269	180	6	is	be	AUX
esutjss-269	180	7	statistically	statistically	ADV
esutjss-269	180	8	significant	significant	ADJ
esutjss-269	180	9	at	at	ADP
esutjss-269	180	10	the	the	DET
esutjss-269	180	11	entire	entire	ADJ
esutjss-269	180	12	regression	regression	NOUN
esutjss-269	180	13	plane	plane	NOUN
esutjss-269	180	14	.	.	PUNCT
esutjss-269	181	1	the	the	DET
esutjss-269	181	2	coefficient	coefficient	NOUN
esutjss-269	181	3	of	of	ADP
esutjss-269	181	4	determination	determination	NOUN
esutjss-269	181	5	(	(	PUNCT
esutjss-269	181	6	r2	r2	PROPN
esutjss-269	181	7	)	)	PUNCT
esutjss-269	181	8	which	which	PRON
esutjss-269	181	9	measures	measure	VERB
esutjss-269	181	10	the	the	DET
esutjss-269	181	11	explanatory	explanatory	ADJ
esutjss-269	181	12	power	power	NOUN
esutjss-269	181	13	of	of	ADP
esutjss-269	181	14	the	the	DET
esutjss-269	181	15	independent	independent	ADJ
esutjss-269	181	16	variables	variable	NOUN
esutjss-269	181	17	yielded	yield	VERB
esutjss-269	181	18	0.554538	0.554538	NUM
esutjss-269	181	19	.	.	PUNCT
esutjss-269	182	1	this	this	PRON
esutjss-269	182	2	implies	imply	VERB
esutjss-269	182	3	that	that	SCONJ
esutjss-269	182	4	approximately	approximately	ADV
esutjss-269	182	5	55	55	NUM
esutjss-269	182	6	%	%	NOUN
esutjss-269	182	7	of	of	ADP
esutjss-269	182	8	the	the	DET
esutjss-269	182	9	variations	variation	NOUN
esutjss-269	182	10	in	in	ADP
esutjss-269	182	11	economic	economic	ADJ
esutjss-269	182	12	growth	growth	NOUN
esutjss-269	182	13	are	be	AUX
esutjss-269	182	14	explained	explain	VERB
esutjss-269	182	15	by	by	ADP
esutjss-269	182	16	changes	change	NOUN
esutjss-269	182	17	in	in	ADP
esutjss-269	182	18	external	external	ADJ
esutjss-269	182	19	debt	debt	NOUN
esutjss-269	182	20	sustainability	sustainability	NOUN
esutjss-269	182	21	and	and	CCONJ
esutjss-269	182	22	other	other	ADJ
esutjss-269	182	23	control	control	NOUN
esutjss-269	182	24	variables	variable	NOUN
esutjss-269	182	25	used	use	VERB
esutjss-269	182	26	in	in	ADP
esutjss-269	182	27	this	this	DET
esutjss-269	182	28	study	study	NOUN
esutjss-269	182	29	.	.	PUNCT
esutjss-269	183	1	this	this	PRON
esutjss-269	183	2	is	be	AUX
esutjss-269	183	3	,	,	PUNCT
esutjss-269	183	4	however	however	ADV
esutjss-269	183	5	,	,	PUNCT
esutjss-269	183	6	relatively	relatively	ADV
esutjss-269	183	7	high	high	ADJ
esutjss-269	183	8	and	and	CCONJ
esutjss-269	183	9	significant	significant	ADJ
esutjss-269	183	10	.	.	PUNCT
esutjss-269	184	1	the	the	DET
esutjss-269	184	2	error	error	NOUN
esutjss-269	184	3	correction	correction	NOUN
esutjss-269	184	4	mechanism	mechanism	NOUN
esutjss-269	184	5	(	(	PUNCT
esutjss-269	184	6	ecm	ecm	NOUN
esutjss-269	184	7	)	)	PUNCT
esutjss-269	184	8	which	which	PRON
esutjss-269	184	9	measures	measure	VERB
esutjss-269	184	10	the	the	DET
esutjss-269	184	11	speed	speed	NOUN
esutjss-269	184	12	of	of	ADP
esutjss-269	184	13	the	the	DET
esutjss-269	184	14	adjustment	adjustment	NOUN
esutjss-269	184	15	of	of	ADP
esutjss-269	184	16	the	the	DET
esutjss-269	184	17	variables	variable	NOUN
esutjss-269	184	18	at	at	ADP
esutjss-269	184	19	which	which	PRON
esutjss-269	184	20	equilibrium	equilibrium	NOUN
esutjss-269	184	21	is	be	AUX
esutjss-269	184	22	restored	restore	VERB
esutjss-269	184	23	yielded	yield	VERB
esutjss-269	184	24	-0.046398	-0.046398	NOUN
esutjss-269	184	25	.	.	PUNCT
esutjss-269	185	1	this	this	PRON
esutjss-269	185	2	is	be	AUX
esutjss-269	185	3	correctly	correctly	ADV
esutjss-269	185	4	signed	sign	VERB
esutjss-269	185	5	(	(	PUNCT
esutjss-269	185	6	negative	negative	ADJ
esutjss-269	185	7	)	)	PUNCT
esutjss-269	185	8	at	at	ADP
esutjss-269	185	9	the	the	DET
esutjss-269	185	10	5	5	NUM
esutjss-269	185	11	percent	percent	NOUN
esutjss-269	185	12	level	level	NOUN
esutjss-269	185	13	,	,	PUNCT
esutjss-269	185	14	and	and	CCONJ
esutjss-269	185	15	therefore	therefore	ADV
esutjss-269	185	16	confirms	confirm	VERB
esutjss-269	185	17	our	our	PRON
esutjss-269	185	18	earlier	early	ADJ
esutjss-269	185	19	proposition	proposition	NOUN
esutjss-269	185	20	that	that	SCONJ
esutjss-269	185	21	the	the	DET
esutjss-269	185	22	variables	variable	NOUN
esutjss-269	185	23	are	be	AUX
esutjss-269	185	24	co	co	ADJ
esutjss-269	185	25	-	-	VERB
esutjss-269	185	26	integrated	integrated	ADJ
esutjss-269	185	27	.	.	PUNCT
esutjss-269	186	1	the	the	DET
esutjss-269	186	2	speed	speed	NOUN
esutjss-269	186	3	suggests	suggest	VERB
esutjss-269	186	4	that	that	SCONJ
esutjss-269	186	5	economic	economic	ADJ
esutjss-269	186	6	growth	growth	NOUN
esutjss-269	186	7	in	in	ADP
esutjss-269	186	8	nigeria	nigeria	PROPN
esutjss-269	186	9	adjusts	adjust	VERB
esutjss-269	186	10	relatively	relatively	ADV
esutjss-269	186	11	slowly	slowly	ADV
esutjss-269	186	12	to	to	ADP
esutjss-269	186	13	the	the	DET
esutjss-269	186	14	long	long	ADV
esutjss-269	186	15	-	-	PUNCT
esutjss-269	186	16	run	run	VERB
esutjss-269	186	17	equilibrium	equilibrium	NOUN
esutjss-269	186	18	changes	change	NOUN
esutjss-269	186	19	in	in	ADP
esutjss-269	186	20	the	the	DET
esutjss-269	186	21	explanatory	explanatory	ADJ
esutjss-269	186	22	variables	variable	NOUN
esutjss-269	186	23	and	and	CCONJ
esutjss-269	186	24	it	it	PRON
esutjss-269	186	25	gives	give	VERB
esutjss-269	186	26	the	the	DET
esutjss-269	186	27	proportion	proportion	NOUN
esutjss-269	186	28	of	of	ADP
esutjss-269	186	29	the	the	DET
esutjss-269	186	30	disequilibrium	disequilibrium	NOUN
esutjss-269	186	31	error	error	NOUN
esutjss-269	186	32	accumulated	accumulate	VERB
esutjss-269	186	33	in	in	ADP
esutjss-269	186	34	the	the	DET
esutjss-269	186	35	previous	previous	ADJ
esutjss-269	186	36	period	period	NOUN
esutjss-269	186	37	that	that	PRON
esutjss-269	186	38	is	be	AUX
esutjss-269	186	39	corrected	correct	VERB
esutjss-269	186	40	in	in	ADP
esutjss-269	186	41	the	the	DET
esutjss-269	186	42	current	current	ADJ
esutjss-269	186	43	period	period	NOUN
esutjss-269	186	44	.	.	PUNCT
esutjss-269	187	1	the	the	DET
esutjss-269	187	2	speed	speed	NOUN
esutjss-269	187	3	of	of	ADP
esutjss-269	187	4	adjustment	adjustment	NOUN
esutjss-269	187	5	is	be	AUX
esutjss-269	187	6	specifically	specifically	ADV
esutjss-269	187	7	at	at	ADP
esutjss-269	187	8	4.6	4.6	NUM
esutjss-269	187	9	%	%	NOUN
esutjss-269	187	10	annually	annually	ADV
esutjss-269	187	11	.	.	PUNCT
esutjss-269	188	1	5.3	5.3	NUM
esutjss-269	188	2	model	model	NOUN
esutjss-269	188	3	diagnostic	diagnostic	ADJ
esutjss-269	188	4	test	test	NOUN
esutjss-269	188	5	table	table	NOUN
esutjss-269	188	6	5.3	5.3	NUM
esutjss-269	188	7	:	:	PUNCT
esutjss-269	188	8	serial	serial	ADJ
esutjss-269	188	9	correlation	correlation	NOUN
esutjss-269	188	10	test	test	NOUN
esutjss-269	188	11	result	result	VERB
esutjss-269	188	12	breusch	breusch	NOUN
esutjss-269	188	13	-	-	PUNCT
esutjss-269	188	14	godfrey	godfrey	NOUN
esutjss-269	188	15	serial	serial	ADJ
esutjss-269	188	16	correlation	correlation	NOUN
esutjss-269	188	17	lm	lm	INTJ
esutjss-269	188	18	test	test	NOUN
esutjss-269	188	19	:	:	PUNCT
esutjss-269	189	1	f	f	X
esutjss-269	189	2	-	-	PUNCT
esutjss-269	189	3	statistic	statistic	NOUN
esutjss-269	189	4	1.382240	1.382240	NUM
esutjss-269	189	5	prob	prob	NOUN
esutjss-269	189	6	.	.	PUNCT
esutjss-269	189	7	f(2,32	f(2,32	VERB
esutjss-269	189	8	)	)	PUNCT
esutjss-269	189	9	0.2656	0.2656	NUM
esutjss-269	189	10	obs*r	obs*r	VERB
esutjss-269	189	11	-	-	PUNCT
esutjss-269	189	12	squared	square	VERB
esutjss-269	189	13	3.180809	3.180809	NUM
esutjss-269	189	14	prob	prob	NOUN
esutjss-269	189	15	.	.	PUNCT
esutjss-269	190	1	chi	chi	ADJ
esutjss-269	190	2	-	-	PUNCT
esutjss-269	190	3	square(2	square(2	NOUN
esutjss-269	190	4	)	)	PUNCT
esutjss-269	190	5	0.2038	0.2038	NUM
esutjss-269	190	6	source	source	NOUN
esutjss-269	190	7	:	:	PUNCT
esutjss-269	190	8	authors	author	NOUN
esutjss-269	190	9	’	'	PUNCT
esutjss-269	190	10	computation	computation	NOUN
esutjss-269	190	11	using	use	VERB
esutjss-269	190	12	eview	eview	NOUN
esutjss-269	190	13	12	12	NUM
esutjss-269	190	14	the	the	DET
esutjss-269	190	15	breusch	breusch	NOUN
esutjss-269	190	16	-	-	PUNCT
esutjss-269	190	17	godfrey	godfrey	NOUN
esutjss-269	190	18	serial	serial	ADJ
esutjss-269	190	19	correlation	correlation	NOUN
esutjss-269	190	20	lm	lm	INTJ
esutjss-269	191	1	test	test	NOUN
esutjss-269	191	2	was	be	AUX
esutjss-269	191	3	used	use	VERB
esutjss-269	191	4	to	to	PART
esutjss-269	191	5	carry	carry	VERB
esutjss-269	191	6	out	out	ADP
esutjss-269	191	7	the	the	DET
esutjss-269	191	8	test	test	NOUN
esutjss-269	191	9	of	of	ADP
esutjss-269	191	10	autocorrelation	autocorrelation	NOUN
esutjss-269	191	11	.	.	PUNCT
esutjss-269	192	1	it	it	PRON
esutjss-269	192	2	is	be	AUX
esutjss-269	192	3	clearly	clearly	ADV
esutjss-269	192	4	seen	see	VERB
esutjss-269	192	5	that	that	SCONJ
esutjss-269	192	6	the	the	DET
esutjss-269	192	7	obs*r	obs*r	PROPN
esutjss-269	192	8	-	-	PUNCT
esutjss-269	192	9	squared	square	VERB
esutjss-269	192	10	which	which	PRON
esutjss-269	192	11	follows	follow	VERB
esutjss-269	192	12	the	the	DET
esutjss-269	192	13	computed	compute	VERB
esutjss-269	192	14	chisquare	chisquare	NOUN
esutjss-269	192	15	distribution	distribution	NOUN
esutjss-269	192	16	yielded	yield	VERB
esutjss-269	192	17	3.180809	3.180809	NUM
esutjss-269	192	18	and	and	CCONJ
esutjss-269	192	19	it	it	PRON
esutjss-269	192	20	is	be	AUX
esutjss-269	192	21	clearly	clearly	ADV
esutjss-269	192	22	greater	great	ADJ
esutjss-269	192	23	than	than	ADP
esutjss-269	192	24	the	the	DET
esutjss-269	192	25	chi	chi	ADJ
esutjss-269	192	26	-	-	PUNCT
esutjss-269	192	27	square	square	ADJ
esutjss-269	192	28	probability	probability	NOUN
esutjss-269	192	29	which	which	PRON
esutjss-269	192	30	yielded	yield	VERB
esutjss-269	192	31	0.2038	0.2038	NUM
esutjss-269	192	32	.	.	PUNCT
esutjss-269	193	1	this	this	PRON
esutjss-269	193	2	compels	compel	VERB
esutjss-269	193	3	us	we	PRON
esutjss-269	193	4	to	to	PART
esutjss-269	193	5	accept	accept	VERB
esutjss-269	193	6	the	the	DET
esutjss-269	193	7	null	null	ADJ
esutjss-269	193	8	hypothesis	hypothesis	NOUN
esutjss-269	193	9	that	that	SCONJ
esutjss-269	193	10	there	there	PRON
esutjss-269	193	11	is	be	VERB
esutjss-269	193	12	no	no	DET
esutjss-269	193	13	serial	serial	ADJ
esutjss-269	193	14	correlation	correlation	NOUN
esutjss-269	193	15	of	of	ADP
esutjss-269	193	16	any	any	DET
esutjss-269	193	17	order	order	NOUN
esutjss-269	193	18	.	.	PUNCT
esutjss-269	194	1	hence	hence	ADV
esutjss-269	194	2	,	,	PUNCT
esutjss-269	194	3	there	there	PRON
esutjss-269	194	4	is	be	VERB
esutjss-269	194	5	no	no	DET
esutjss-269	194	6	presence	presence	NOUN
esutjss-269	194	7	of	of	ADP
esutjss-269	194	8	autocorrelation	autocorrelation	NOUN
esutjss-269	194	9	problem	problem	NOUN
esutjss-269	194	10	in	in	ADP
esutjss-269	194	11	the	the	DET
esutjss-269	194	12	model	model	NOUN
esutjss-269	194	13	.	.	PUNCT
esutjss-269	195	1	5.4	5.4	NUM
esutjss-269	195	2	granger	granger	PROPN
esutjss-269	195	3	causality	causality	PROPN
esutjss-269	195	4	test	test	NOUN
esutjss-269	195	5	result	result	NOUN
esutjss-269	195	6	table	table	NOUN
esutjss-269	195	7	5.4	5.4	NUM
esutjss-269	195	8	:	:	PUNCT
esutjss-269	195	9	causality	causality	NOUN
esutjss-269	195	10	test	test	NOUN
esutjss-269	195	11	result	result	VERB
esutjss-269	195	12	pairwise	pairwise	PROPN
esutjss-269	195	13	granger	granger	NOUN
esutjss-269	195	14	causality	causality	PROPN
esutjss-269	195	15	tests	test	VERB
esutjss-269	195	16	null	null	ADJ
esutjss-269	195	17	hypothesis	hypothesis	NOUN
esutjss-269	195	18	:	:	PUNCT
esutjss-269	195	19	obs	obs	PROPN
esutjss-269	195	20	f	f	NOUN
esutjss-269	195	21	-	-	PUNCT
esutjss-269	195	22	statistic	statistic	ADJ
esutjss-269	195	23	prob	prob	NOUN
esutjss-269	195	24	.	.	PUNCT
esutjss-269	196	1	93	93	NUM
esutjss-269	196	2	dbtgdp	dbtgdp	NOUN
esutjss-269	196	3	does	do	AUX
esutjss-269	196	4	not	not	PART
esutjss-269	196	5	granger	granger	AUX
esutjss-269	196	6	cause	cause	VERB
esutjss-269	196	7	rgdp	rgdp	NOUN
esutjss-269	196	8	39	39	NUM
esutjss-269	196	9	21.7636	21.7636	NUM
esutjss-269	196	10	0.0005	0.0005	NUM
esutjss-269	196	11	rgdp	rgdp	NOUN
esutjss-269	196	12	does	do	AUX
esutjss-269	196	13	not	not	PART
esutjss-269	196	14	granger	granger	NOUN
esutjss-269	196	15	cause	cause	VERB
esutjss-269	196	16	dbtgdp	dbtgdp	ADP
esutjss-269	196	17	6.63529	6.63529	NUM
esutjss-269	196	18	0.0071	0.0071	NUM
esutjss-269	196	19	source	source	NOUN
esutjss-269	196	20	:	:	PUNCT
esutjss-269	196	21	authors	author	NOUN
esutjss-269	196	22	’	'	PUNCT
esutjss-269	196	23	computation	computation	NOUN
esutjss-269	196	24	using	use	VERB
esutjss-269	196	25	eview	eview	NOUN
esutjss-269	196	26	12	12	NUM
esutjss-269	196	27	the	the	DET
esutjss-269	196	28	granger	granger	PROPN
esutjss-269	196	29	causality	causality	PROPN
esutjss-269	196	30	test	test	NOUN
esutjss-269	196	31	was	be	AUX
esutjss-269	196	32	carried	carry	VERB
esutjss-269	196	33	out	out	ADP
esutjss-269	196	34	to	to	PART
esutjss-269	196	35	identify	identify	VERB
esutjss-269	196	36	the	the	DET
esutjss-269	196	37	causality	causality	NOUN
esutjss-269	196	38	relationship	relationship	NOUN
esutjss-269	196	39	between	between	ADP
esutjss-269	196	40	economic	economic	ADJ
esutjss-269	196	41	growth	growth	NOUN
esutjss-269	196	42	and	and	CCONJ
esutjss-269	196	43	external	external	ADJ
esutjss-269	196	44	debt	debt	NOUN
esutjss-269	196	45	sustainability	sustainability	NOUN
esutjss-269	196	46	in	in	ADP
esutjss-269	196	47	nigeria	nigeria	PROPN
esutjss-269	196	48	.	.	PUNCT
esutjss-269	197	1	the	the	DET
esutjss-269	197	2	granger	granger	PROPN
esutjss-269	197	3	causality	causality	PROPN
esutjss-269	197	4	output	output	NOUN
esutjss-269	197	5	in	in	ADP
esutjss-269	197	6	table	table	NOUN
esutjss-269	197	7	5.4	5.4	NUM
esutjss-269	197	8	showed	show	VERB
esutjss-269	197	9	that	that	SCONJ
esutjss-269	197	10	dbtgdp	dbtgdp	NOUN
esutjss-269	197	11	causes	cause	VERB
esutjss-269	197	12	economic	economic	ADJ
esutjss-269	197	13	growth	growth	NOUN
esutjss-269	197	14	(	(	PUNCT
esutjss-269	197	15	p	p	NOUN
esutjss-269	197	16	-	-	PUNCT
esutjss-269	197	17	value	value	NOUN
esutjss-269	197	18	=	=	NOUN
esutjss-269	197	19	0.0005	0.0005	X
esutjss-269	197	20	<	<	X
esutjss-269	197	21	0.05	0.05	NUM
esutjss-269	197	22	)	)	PUNCT
esutjss-269	197	23	and	and	CCONJ
esutjss-269	197	24	economic	economic	ADJ
esutjss-269	197	25	growth	growth	NOUN
esutjss-269	197	26	(	(	PUNCT
esutjss-269	197	27	gdpr	gdpr	NOUN
esutjss-269	197	28	)	)	PUNCT
esutjss-269	197	29	also	also	ADV
esutjss-269	197	30	granger	granger	PROPN
esutjss-269	197	31	causes	cause	VERB
esutjss-269	197	32	dbtgdp	dbtgdp	ADP
esutjss-269	197	33	(	(	PUNCT
esutjss-269	197	34	p	p	NOUN
esutjss-269	197	35	-	-	PUNCT
esutjss-269	197	36	value	value	NOUN
esutjss-269	197	37	=	=	NOUN
esutjss-269	197	38	0.0071	0.0071	NUM
esutjss-269	197	39	<	<	X
esutjss-269	197	40	0.05	0.05	NUM
esutjss-269	197	41	)	)	PUNCT
esutjss-269	197	42	.	.	PUNCT
esutjss-269	198	1	hence	hence	ADV
esutjss-269	198	2	,	,	PUNCT
esutjss-269	198	3	there	there	PRON
esutjss-269	198	4	is	be	VERB
esutjss-269	198	5	a	a	DET
esutjss-269	198	6	bi	bi	ADJ
esutjss-269	198	7	-	-	ADJ
esutjss-269	198	8	directional	directional	ADJ
esutjss-269	198	9	causality	causality	NOUN
esutjss-269	198	10	relationship	relationship	NOUN
esutjss-269	198	11	between	between	ADP
esutjss-269	198	12	the	the	DET
esutjss-269	198	13	two	two	NUM
esutjss-269	198	14	variables	variable	NOUN
esutjss-269	198	15	.	.	PUNCT
esutjss-269	199	1	5.2	5.2	NUM
esutjss-269	199	2	discussion	discussion	NOUN
esutjss-269	199	3	of	of	ADP
esutjss-269	199	4	results	result	NOUN
esutjss-269	199	5	the	the	DET
esutjss-269	199	6	first	first	ADJ
esutjss-269	199	7	objective	objective	NOUN
esutjss-269	199	8	of	of	ADP
esutjss-269	199	9	this	this	DET
esutjss-269	199	10	paper	paper	NOUN
esutjss-269	199	11	is	be	AUX
esutjss-269	199	12	to	to	PART
esutjss-269	199	13	examine	examine	VERB
esutjss-269	199	14	the	the	DET
esutjss-269	199	15	impact	impact	NOUN
esutjss-269	199	16	of	of	ADP
esutjss-269	199	17	debt	debt	NOUN
esutjss-269	199	18	sustainability	sustainability	NOUN
esutjss-269	199	19	on	on	ADP
esutjss-269	199	20	economic	economic	ADJ
esutjss-269	199	21	growth	growth	NOUN
esutjss-269	199	22	in	in	ADP
esutjss-269	199	23	nigeria	nigeria	PROPN
esutjss-269	199	24	from	from	ADP
esutjss-269	199	25	1986	1986	NUM
esutjss-269	199	26	-	-	SYM
esutjss-269	199	27	2024	2024	NUM
esutjss-269	199	28	.	.	PUNCT
esutjss-269	200	1	the	the	DET
esutjss-269	200	2	co	co	NOUN
esutjss-269	200	3	-	-	NOUN
esutjss-269	200	4	integration	integration	NOUN
esutjss-269	200	5	and	and	CCONJ
esutjss-269	200	6	the	the	DET
esutjss-269	200	7	associated	associated	ADJ
esutjss-269	200	8	error	error	NOUN
esutjss-269	200	9	correction	correction	NOUN
esutjss-269	200	10	model	model	NOUN
esutjss-269	200	11	approaches	approach	NOUN
esutjss-269	200	12	were	be	AUX
esutjss-269	200	13	utilized	utilize	VERB
esutjss-269	200	14	.	.	PUNCT
esutjss-269	201	1	from	from	ADP
esutjss-269	201	2	the	the	DET
esutjss-269	201	3	co	co	NOUN
esutjss-269	201	4	-	-	NOUN
esutjss-269	201	5	integration	integration	NOUN
esutjss-269	201	6	result	result	NOUN
esutjss-269	201	7	,	,	PUNCT
esutjss-269	201	8	it	it	PRON
esutjss-269	201	9	showed	show	VERB
esutjss-269	201	10	that	that	SCONJ
esutjss-269	201	11	the	the	DET
esutjss-269	201	12	trace	trace	NOUN
esutjss-269	201	13	test	test	NOUN
esutjss-269	201	14	indicated	indicate	VERB
esutjss-269	201	15	2	2	NUM
esutjss-269	201	16	co	co	NOUN
esutjss-269	201	17	-	-	NOUN
esutjss-269	201	18	integrating	integrating	ADJ
esutjss-269	201	19	at	at	ADP
esutjss-269	201	20	the	the	DET
esutjss-269	201	21	0.05	0.05	NUM
esutjss-269	201	22	level	level	NOUN
esutjss-269	201	23	of	of	ADP
esutjss-269	201	24	significance	significance	NOUN
esutjss-269	201	25	and	and	CCONJ
esutjss-269	201	26	again	again	ADV
esutjss-269	201	27	from	from	ADP
esutjss-269	201	28	the	the	DET
esutjss-269	201	29	error	error	NOUN
esutjss-269	201	30	correction	correction	NOUN
esutjss-269	201	31	model	model	NOUN
esutjss-269	201	32	results	result	NOUN
esutjss-269	201	33	,	,	PUNCT
esutjss-269	201	34	it	it	PRON
esutjss-269	201	35	show	show	VERB
esutjss-269	201	36	that	that	SCONJ
esutjss-269	201	37	the	the	DET
esutjss-269	201	38	constant	constant	ADJ
esutjss-269	201	39	term	term	NOUN
esutjss-269	201	40	is	be	AUX
esutjss-269	201	41	positive	positive	ADJ
esutjss-269	201	42	at	at	ADP
esutjss-269	201	43	0.074009	0.074009	NUM
esutjss-269	201	44	with	with	ADP
esutjss-269	201	45	t	t	PROPN
esutjss-269	201	46	-	-	PUNCT
esutjss-269	201	47	statistics	statistic	NOUN
esutjss-269	201	48	(	(	PUNCT
esutjss-269	201	49	prob.value	prob.value	PROPN
esutjss-269	201	50	of	of	ADP
esutjss-269	201	51	2.853551/0.0073	2.853551/0.0073	NUM
esutjss-269	201	52	)	)	PUNCT
esutjss-269	201	53	,	,	PUNCT
esutjss-269	201	54	which	which	PRON
esutjss-269	201	55	implies	imply	VERB
esutjss-269	201	56	that	that	SCONJ
esutjss-269	201	57	the	the	DET
esutjss-269	201	58	policy	policy	NOUN
esutjss-269	201	59	regimes	regime	NOUN
esutjss-269	201	60	on	on	ADP
esutjss-269	201	61	debt	debt	NOUN
esutjss-269	201	62	management	management	NOUN
esutjss-269	201	63	has	have	VERB
esutjss-269	201	64	some	some	DET
esutjss-269	201	65	positive	positive	ADJ
esutjss-269	201	66	impact	impact	NOUN
esutjss-269	201	67	on	on	ADP
esutjss-269	201	68	economic	economic	ADJ
esutjss-269	201	69	growth	growth	NOUN
esutjss-269	201	70	.	.	PUNCT
esutjss-269	202	1	it	it	PRON
esutjss-269	202	2	could	could	AUX
esutjss-269	202	3	also	also	ADV
esutjss-269	202	4	imply	imply	VERB
esutjss-269	202	5	that	that	SCONJ
esutjss-269	202	6	the	the	DET
esutjss-269	202	7	debt	debt	NOUN
esutjss-269	202	8	portfolio	portfolio	NOUN
esutjss-269	202	9	has	have	AUX
esutjss-269	202	10	been	be	AUX
esutjss-269	202	11	managed	manage	VERB
esutjss-269	202	12	sustainably	sustainably	ADV
esutjss-269	202	13	.	.	PUNCT
esutjss-269	203	1	however	however	ADV
esutjss-269	203	2	,	,	PUNCT
esutjss-269	203	3	from	from	ADP
esutjss-269	203	4	the	the	DET
esutjss-269	203	5	result	result	NOUN
esutjss-269	203	6	,	,	PUNCT
esutjss-269	203	7	debt	debt	NOUN
esutjss-269	203	8	-	-	PUNCT
esutjss-269	203	9	to	to	ADP
esutjss-269	203	10	-	-	PUNCT
esutjss-269	203	11	gdp	gdp	NOUN
esutjss-269	203	12	ratio	ratio	NOUN
esutjss-269	203	13	negatively	negatively	ADV
esutjss-269	203	14	and	and	CCONJ
esutjss-269	203	15	insignificantly	insignificantly	ADV
esutjss-269	203	16	impacted	impact	VERB
esutjss-269	203	17	on	on	ADP
esutjss-269	203	18	economic	economic	ADJ
esutjss-269	203	19	growth	growth	NOUN
esutjss-269	203	20	within	within	ADP
esutjss-269	203	21	the	the	DET
esutjss-269	203	22	reviewing	reviewing	NOUN
esutjss-269	203	23	period	period	NOUN
esutjss-269	203	24	;	;	PUNCT
esutjss-269	203	25	debt	debt	NOUN
esutjss-269	203	26	-	-	PUNCT
esutjss-269	203	27	to	to	ADP
esutjss-269	203	28	-	-	PUNCT
esutjss-269	203	29	service	service	NOUN
esutjss-269	203	30	ratio	ratio	NOUN
esutjss-269	203	31	equally	equally	ADV
esutjss-269	203	32	impacted	impact	VERB
esutjss-269	203	33	negatively	negatively	ADV
esutjss-269	203	34	and	and	CCONJ
esutjss-269	203	35	insignificantly	insignificantly	ADV
esutjss-269	203	36	on	on	ADP
esutjss-269	203	37	economic	economic	ADJ
esutjss-269	203	38	growth	growth	NOUN
esutjss-269	203	39	while	while	SCONJ
esutjss-269	203	40	monetary	monetary	ADJ
esutjss-269	203	41	policy	policy	NOUN
esutjss-269	203	42	rate	rate	NOUN
esutjss-269	203	43	impacted	impact	VERB
esutjss-269	203	44	negatively	negatively	ADV
esutjss-269	203	45	and	and	CCONJ
esutjss-269	203	46	insignificantly	insignificantly	ADV
esutjss-269	203	47	on	on	ADP
esutjss-269	203	48	growth	growth	NOUN
esutjss-269	203	49	.	.	PUNCT
esutjss-269	204	1	government	government	NOUN
esutjss-269	204	2	expenditure	expenditure	NOUN
esutjss-269	204	3	negatively	negatively	ADV
esutjss-269	204	4	although	although	SCONJ
esutjss-269	204	5	significantly	significantly	ADV
esutjss-269	204	6	impacted	impact	VERB
esutjss-269	204	7	on	on	ADP
esutjss-269	204	8	economic	economic	ADJ
esutjss-269	204	9	growth	growth	NOUN
esutjss-269	204	10	.	.	PUNCT
esutjss-269	205	1	further	far	ADV
esutjss-269	205	2	from	from	ADP
esutjss-269	205	3	the	the	DET
esutjss-269	205	4	ecm	ecm	PROPN
esutjss-269	205	5	results	result	NOUN
esutjss-269	205	6	,	,	PUNCT
esutjss-269	205	7	the	the	DET
esutjss-269	205	8	summary	summary	NOUN
esutjss-269	205	9	statistics	statistic	NOUN
esutjss-269	205	10	(	(	PUNCT
esutjss-269	205	11	f	f	X
esutjss-269	205	12	-	-	PUNCT
esutjss-269	205	13	stat	stat	NOUN
esutjss-269	205	14	,	,	PUNCT
esutjss-269	205	15	8.46	8.46	NUM
esutjss-269	205	16	;	;	PUNCT
esutjss-269	205	17	prob	prob	PROPN
esutjss-269	205	18	,	,	PUNCT
esutjss-269	205	19	0.00028	0.00028	NUM
esutjss-269	205	20	,	,	PUNCT
esutjss-269	205	21	dw	dw	NOUN
esutjss-269	205	22	stat	stat	NOUN
esutjss-269	205	23	,	,	PUNCT
esutjss-269	205	24	2.133643	2.133643	NUM
esutjss-269	205	25	)	)	PUNCT
esutjss-269	205	26	are	be	AUX
esutjss-269	205	27	within	within	ADP
esutjss-269	205	28	the	the	DET
esutjss-269	205	29	acceptance	acceptance	NOUN
esutjss-269	205	30	criteria	criterion	NOUN
esutjss-269	205	31	.	.	PUNCT
esutjss-269	206	1	in	in	ADP
esutjss-269	206	2	nigeria	nigeria	PROPN
esutjss-269	206	3	,	,	PUNCT
esutjss-269	206	4	the	the	DET
esutjss-269	206	5	monetary	monetary	ADJ
esutjss-269	206	6	policy	policy	NOUN
esutjss-269	206	7	rate	rate	NOUN
esutjss-269	206	8	(	(	PUNCT
esutjss-269	206	9	mpr	mpr	NOUN
esutjss-269	206	10	)	)	PUNCT
esutjss-269	206	11	influences	influence	VERB
esutjss-269	206	12	economic	economic	ADJ
esutjss-269	206	13	growth	growth	NOUN
esutjss-269	206	14	by	by	ADP
esutjss-269	206	15	impacting	impact	VERB
esutjss-269	206	16	borrowing	borrowing	NOUN
esutjss-269	206	17	costs	cost	NOUN
esutjss-269	206	18	,	,	PUNCT
esutjss-269	206	19	investment	investment	NOUN
esutjss-269	206	20	and	and	CCONJ
esutjss-269	206	21	overall	overall	ADJ
esutjss-269	206	22	economic	economic	ADJ
esutjss-269	206	23	activity	activity	NOUN
esutjss-269	206	24	,	,	PUNCT
esutjss-269	206	25	with	with	ADP
esutjss-269	206	26	high	high	ADJ
esutjss-269	206	27	mprs	mprs	NOUN
esutjss-269	206	28	potentially	potentially	ADV
esutjss-269	206	29	leading	lead	VERB
esutjss-269	206	30	to	to	ADP
esutjss-269	206	31	slower	slow	ADJ
esutjss-269	206	32	growth	growth	NOUN
esutjss-269	206	33	due	due	ADP
esutjss-269	206	34	to	to	ADP
esutjss-269	206	35	borrowing	borrowing	NOUN
esutjss-269	206	36	costs	cost	NOUN
esutjss-269	206	37	.	.	PUNCT
esutjss-269	207	1	consumption	consumption	NOUN
esutjss-269	207	2	and	and	CCONJ
esutjss-269	207	3	investment	investment	NOUN
esutjss-269	207	4	,	,	PUNCT
esutjss-269	207	5	inflation	inflation	NOUN
esutjss-269	207	6	and	and	CCONJ
esutjss-269	207	7	exchange	exchange	NOUN
esutjss-269	207	8	rate	rate	NOUN
esutjss-269	207	9	are	be	AUX
esutjss-269	207	10	the	the	DET
esutjss-269	207	11	other	other	ADJ
esutjss-269	207	12	channelings	channeling	NOUN
esutjss-269	207	13	through	through	ADP
esutjss-269	207	14	which	which	PRON
esutjss-269	207	15	higher	high	ADJ
esutjss-269	207	16	mpr	mpr	NOUN
esutjss-269	207	17	impact	impact	NOUN
esutjss-269	207	18	negatively	negatively	ADV
esutjss-269	207	19	on	on	ADP
esutjss-269	207	20	economic	economic	ADJ
esutjss-269	207	21	growth	growth	NOUN
esutjss-269	207	22	.	.	PUNCT
esutjss-269	208	1	an	an	DET
esutjss-269	208	2	mpr	mpr	NOUN
esutjss-269	208	3	of	of	ADP
esutjss-269	208	4	27.50	27.50	NUM
esutjss-269	208	5	%	%	NOUN
esutjss-269	208	6	as	as	ADP
esutjss-269	208	7	at	at	ADP
esutjss-269	208	8	the	the	DET
esutjss-269	208	9	18	18	NUM
esutjss-269	208	10	-	-	PUNCT
esutjss-269	208	11	19th	19th	ADJ
esutjss-269	208	12	february	february	NOUN
esutjss-269	208	13	monetary	monetary	ADJ
esutjss-269	208	14	policy	policy	NOUN
esutjss-269	208	15	committee	committee	NOUN
esutjss-269	208	16	meeting	meeting	NOUN
esutjss-269	208	17	on	on	ADP
esutjss-269	208	18	asymmetric	asymmetric	ADJ
esutjss-269	208	19	corridor	corridor	NOUN
esutjss-269	208	20	around	around	ADP
esutjss-269	208	21	the	the	DET
esutjss-269	208	22	mpr	mpr	NOUN
esutjss-269	208	23	at	at	ADP
esutjss-269	208	24	+	+	ADJ
esutjss-269	208	25	500/-100	500/-100	NUM
esutjss-269	208	26	basis	basis	NOUN
esutjss-269	208	27	point	point	NOUN
esutjss-269	208	28	unarguably	unarguably	SCONJ
esutjss-269	208	29	crowds	crowd	NOUN
esutjss-269	208	30	out	out	ADP
esutjss-269	208	31	investment	investment	NOUN
esutjss-269	208	32	due	due	ADP
esutjss-269	208	33	to	to	ADP
esutjss-269	208	34	high	high	ADJ
esutjss-269	208	35	associated	associated	ADJ
esutjss-269	208	36	interest	interest	NOUN
esutjss-269	208	37	rate	rate	NOUN
esutjss-269	208	38	with	with	ADP
esutjss-269	208	39	untoward	untoward	ADJ
esutjss-269	208	40	consequence	consequence	NOUN
esutjss-269	208	41	on	on	ADP
esutjss-269	208	42	economic	economic	ADJ
esutjss-269	208	43	activity	activity	NOUN
esutjss-269	208	44	.	.	PUNCT
esutjss-269	209	1	this	this	DET
esutjss-269	209	2	results	result	NOUN
esutjss-269	209	3	lay	lie	VERB
esutjss-269	209	4	credence	credence	NOUN
esutjss-269	209	5	to	to	ADP
esutjss-269	209	6	economic	economic	ADJ
esutjss-269	209	7	theory	theory	NOUN
esutjss-269	209	8	and	and	CCONJ
esutjss-269	209	9	empirical	empirical	ADJ
esutjss-269	209	10	validation	validation	NOUN
esutjss-269	209	11	(	(	PUNCT
esutjss-269	209	12	(	(	PUNCT
esutjss-269	209	13	see	see	VERB
esutjss-269	209	14	fagbola	fagbola	PROPN
esutjss-269	209	15	&	&	CCONJ
esutjss-269	209	16	sokunbi	sokunbi	NOUN
esutjss-269	209	17	,	,	PUNCT
esutjss-269	209	18	2021	2021	NUM
esutjss-269	209	19	;	;	PUNCT
esutjss-269	209	20	sulaiman	sulaiman	NOUN
esutjss-269	209	21	,	,	PUNCT
esutjss-269	209	22	2017	2017	NUM
esutjss-269	209	23	,	,	PUNCT
esutjss-269	209	24	ayadi	ayadi	NOUN
esutjss-269	209	25	&	&	CCONJ
esutjss-269	209	26	ayadi	ayadi	NOUN
esutjss-269	209	27	,	,	PUNCT
esutjss-269	209	28	2015	2015	NUM
esutjss-269	209	29	)	)	PUNCT
esutjss-269	209	30	the	the	DET
esutjss-269	209	31	second	second	ADJ
esutjss-269	209	32	objective	objective	NOUN
esutjss-269	209	33	of	of	ADP
esutjss-269	209	34	this	this	DET
esutjss-269	209	35	paper	paper	NOUN
esutjss-269	209	36	is	be	AUX
esutjss-269	209	37	to	to	PART
esutjss-269	209	38	evaluate	evaluate	VERB
esutjss-269	209	39	the	the	DET
esutjss-269	209	40	causality	causality	NOUN
esutjss-269	209	41	between	between	ADP
esutjss-269	209	42	debt	debt	NOUN
esutjss-269	209	43	sustainability	sustainability	NOUN
esutjss-269	209	44	and	and	CCONJ
esutjss-269	209	45	economic	economic	ADJ
esutjss-269	209	46	growth	growth	NOUN
esutjss-269	209	47	.	.	PUNCT
esutjss-269	210	1	the	the	DET
esutjss-269	210	2	pairwise	pairwise	PROPN
esutjss-269	210	3	granger	granger	NOUN
esutjss-269	210	4	causality	causality	PROPN
esutjss-269	210	5	test	test	NOUN
esutjss-269	210	6	was	be	AUX
esutjss-269	210	7	adopted	adopt	VERB
esutjss-269	210	8	.	.	PUNCT
esutjss-269	211	1	from	from	ADP
esutjss-269	211	2	the	the	PRON
esutjss-269	211	3	as	as	SCONJ
esutjss-269	211	4	presented	present	VERB
esutjss-269	211	5	in	in	ADP
esutjss-269	211	6	table	table	NOUN
esutjss-269	211	7	5.4	5.4	NUM
esutjss-269	211	8	,	,	PUNCT
esutjss-269	211	9	it	it	PRON
esutjss-269	211	10	showed	show	VERB
esutjss-269	211	11	that	that	SCONJ
esutjss-269	211	12	debt	debt	NOUN
esutjss-269	211	13	-	-	PUNCT
esutjss-269	211	14	to	to	ADP
esutjss-269	211	15	-	-	PUNCT
esutjss-269	211	16	gdp	gdp	NOUN
esutjss-269	211	17	ratio	ratio	NOUN
esutjss-269	211	18	causes	cause	VERB
esutjss-269	211	19	economic	economic	ADJ
esutjss-269	211	20	growth	growth	NOUN
esutjss-269	211	21	at	at	ADP
esutjss-269	211	22	(	(	PUNCT
esutjss-269	211	23	p	p	NOUN
esutjss-269	211	24	-	-	PUNCT
esutjss-269	211	25	value	value	NOUN
esutjss-269	211	26	0.0005	0.0005	NUM
esutjss-269	211	27	<	<	X
esutjss-269	211	28	0.05	0.05	NUM
esutjss-269	211	29	)	)	PUNCT
esutjss-269	211	30	and	and	CCONJ
esutjss-269	211	31	economic	economic	ADJ
esutjss-269	211	32	growth	growth	NOUN
esutjss-269	211	33	causes	cause	VERB
esutjss-269	211	34	debt	debt	NOUN
esutjss-269	211	35	-	-	PUNCT
esutjss-269	211	36	to	to	ADP
esutjss-269	211	37	-	-	PUNCT
esutjss-269	211	38	gdp	gdp	NOUN
esutjss-269	211	39	ratio	ratio	NOUN
esutjss-269	211	40	at	at	ADP
esutjss-269	211	41	(	(	PUNCT
esutjss-269	211	42	p	p	NOUN
esutjss-269	211	43	-	-	PUNCT
esutjss-269	211	44	value	value	NOUN
esutjss-269	211	45	0.0071	0.0071	NUM
esutjss-269	211	46	<	<	X
esutjss-269	211	47	0.05	0.05	NUM
esutjss-269	211	48	)	)	PUNCT
esutjss-269	211	49	at	at	ADP
esutjss-269	211	50	the	the	DET
esutjss-269	211	51	5	5	NUM
esutjss-269	211	52	%	%	NOUN
esutjss-269	211	53	level	level	NOUN
esutjss-269	211	54	of	of	ADP
esutjss-269	211	55	significance	significance	NOUN
esutjss-269	211	56	.	.	PUNCT
esutjss-269	212	1	this	this	PRON
esutjss-269	212	2	implies	imply	VERB
esutjss-269	212	3	bidirectional	bidirectional	ADJ
esutjss-269	212	4	causality	causality	NOUN
esutjss-269	212	5	between	between	ADP
esutjss-269	212	6	debt	debt	NOUN
esutjss-269	212	7	-	-	PUNCT
esutjss-269	212	8	to	to	ADP
esutjss-269	212	9	-	-	PUNCT
esutjss-269	212	10	gdp	gdp	NOUN
esutjss-269	212	11	ratio	ratio	NOUN
esutjss-269	212	12	and	and	CCONJ
esutjss-269	212	13	economic	economic	ADJ
esutjss-269	212	14	growth	growth	NOUN
esutjss-269	212	15	for	for	ADP
esutjss-269	212	16	the	the	DET
esutjss-269	212	17	nigerian	nigerian	ADJ
esutjss-269	212	18	economy	economy	NOUN
esutjss-269	212	19	as	as	ADP
esutjss-269	212	20	against	against	ADP
esutjss-269	212	21	the	the	DET
esutjss-269	212	22	uni	uni	ADJ
esutjss-269	212	23	-	-	ADJ
esutjss-269	212	24	directional	directional	ADJ
esutjss-269	212	25	causality	causality	NOUN
esutjss-269	212	26	established	establish	VERB
esutjss-269	212	27	by	by	ADP
esutjss-269	212	28	previous	previous	ADJ
esutjss-269	212	29	studies	study	NOUN
esutjss-269	212	30	(	(	PUNCT
esutjss-269	212	31	choong	choong	PROPN
esutjss-269	212	32	,	,	PUNCT
esutjss-269	212	33	lau	lau	PROPN
esutjss-269	212	34	,	,	PUNCT
esutjss-269	212	35	liew	liew	PROPN
esutjss-269	212	36	&	&	CCONJ
esutjss-269	212	37	puah	puah	PROPN
esutjss-269	212	38	,	,	PUNCT
esutjss-269	212	39	2018	2018	NUM
esutjss-269	212	40	;	;	PUNCT
esutjss-269	212	41	karogl	karogl	NOUN
esutjss-269	212	42	,	,	PUNCT
esutjss-269	212	43	2017	2017	NUM
esutjss-269	212	44	)	)	PUNCT
esutjss-269	212	45	.	.	PUNCT
esutjss-269	213	1	this	this	PRON
esutjss-269	213	2	shows	show	VERB
esutjss-269	213	3	the	the	DET
esutjss-269	213	4	plausibility	plausibility	NOUN
esutjss-269	213	5	of	of	ADP
esutjss-269	213	6	debt	debt	NOUN
esutjss-269	213	7	sustainability	sustainability	NOUN
esutjss-269	213	8	and	and	CCONJ
esutjss-269	213	9	economic	economic	ADJ
esutjss-269	213	10	growth	growth	NOUN
esutjss-269	213	11	94	94	NUM
esutjss-269	213	12	6	6	NUM
esutjss-269	213	13	.	.	PUNCT
esutjss-269	213	14	conclusion	conclusion	NOUN
esutjss-269	213	15	and	and	CCONJ
esutjss-269	213	16	policy	policy	NOUN
esutjss-269	213	17	implication	implication	NOUN
esutjss-269	213	18	conclusion	conclusion	NOUN
esutjss-269	213	19	from	from	ADP
esutjss-269	213	20	the	the	DET
esutjss-269	213	21	objectives	objective	NOUN
esutjss-269	213	22	of	of	ADP
esutjss-269	213	23	the	the	DET
esutjss-269	213	24	paper	paper	NOUN
esutjss-269	213	25	,	,	PUNCT
esutjss-269	213	26	it	it	PRON
esutjss-269	213	27	can	can	AUX
esutjss-269	213	28	be	be	AUX
esutjss-269	213	29	concluded	conclude	VERB
esutjss-269	213	30	that	that	SCONJ
esutjss-269	213	31	the	the	DET
esutjss-269	213	32	fiscal	fiscal	ADJ
esutjss-269	213	33	policy	policy	NOUN
esutjss-269	213	34	regimes	regime	NOUN
esutjss-269	213	35	has	have	VERB
esutjss-269	213	36	positive	positive	ADJ
esutjss-269	213	37	impact	impact	NOUN
esutjss-269	213	38	on	on	ADP
esutjss-269	213	39	the	the	DET
esutjss-269	213	40	growth	growth	NOUN
esutjss-269	213	41	potentials	potential	VERB
esutjss-269	213	42	.	.	PUNCT
esutjss-269	214	1	furthermore	furthermore	ADV
esutjss-269	214	2	,	,	PUNCT
esutjss-269	214	3	debt	debt	NOUN
esutjss-269	214	4	-	-	PUNCT
esutjss-269	214	5	to	to	ADP
esutjss-269	214	6	-	-	PUNCT
esutjss-269	214	7	gdp	gdp	NOUN
esutjss-269	214	8	ratio	ratio	NOUN
esutjss-269	214	9	,	,	PUNCT
esutjss-269	214	10	debt	debt	NOUN
esutjss-269	214	11	-	-	PUNCT
esutjss-269	214	12	to	to	ADP
esutjss-269	214	13	service	service	NOUN
esutjss-269	214	14	ratio	ratio	NOUN
esutjss-269	214	15	and	and	CCONJ
esutjss-269	214	16	monetary	monetary	ADJ
esutjss-269	214	17	policy	policy	NOUN
esutjss-269	214	18	rate	rate	NOUN
esutjss-269	214	19	has	have	VERB
esutjss-269	214	20	negative	negative	ADJ
esutjss-269	214	21	impact	impact	NOUN
esutjss-269	214	22	on	on	ADP
esutjss-269	214	23	economic	economic	ADJ
esutjss-269	214	24	growth	growth	NOUN
esutjss-269	214	25	within	within	ADP
esutjss-269	214	26	the	the	DET
esutjss-269	214	27	reviewing	reviewing	NOUN
esutjss-269	214	28	period	period	NOUN
esutjss-269	214	29	.	.	PUNCT
esutjss-269	215	1	in	in	ADP
esutjss-269	215	2	other	other	ADJ
esutjss-269	215	3	word	word	NOUN
esutjss-269	215	4	,	,	PUNCT
esutjss-269	215	5	monetary	monetary	ADJ
esutjss-269	215	6	policy	policy	NOUN
esutjss-269	215	7	and	and	CCONJ
esutjss-269	215	8	fiscal	fiscal	ADJ
esutjss-269	215	9	policy	policy	NOUN
esutjss-269	215	10	has	have	AUX
esutjss-269	215	11	not	not	PART
esutjss-269	215	12	been	be	AUX
esutjss-269	215	13	coordinated	coordinate	VERB
esutjss-269	215	14	well	well	ADV
esutjss-269	215	15	in	in	ADP
esutjss-269	215	16	nigeria	nigeria	PRON
esutjss-269	215	17	to	to	PART
esutjss-269	215	18	achieve	achieve	VERB
esutjss-269	215	19	sustainable	sustainable	ADJ
esutjss-269	215	20	growth	growth	NOUN
esutjss-269	215	21	.	.	PUNCT
esutjss-269	216	1	meanwhile	meanwhile	ADV
esutjss-269	216	2	,	,	PUNCT
esutjss-269	216	3	if	if	SCONJ
esutjss-269	216	4	these	these	DET
esutjss-269	216	5	policies	policy	NOUN
esutjss-269	216	6	are	be	AUX
esutjss-269	216	7	mixed	mix	VERB
esutjss-269	216	8	effectively	effectively	ADV
esutjss-269	216	9	,	,	PUNCT
esutjss-269	216	10	there	there	PRON
esutjss-269	216	11	would	would	AUX
esutjss-269	216	12	a	a	DET
esutjss-269	216	13	long	long	ADV
esutjss-269	216	14	-	-	PUNCT
esutjss-269	216	15	run	run	VERB
esutjss-269	216	16	equilibrium	equilibrium	NOUN
esutjss-269	216	17	relationship	relationship	NOUN
esutjss-269	216	18	between	between	ADP
esutjss-269	216	19	fiscal	fiscal	ADJ
esutjss-269	216	20	policy	policy	NOUN
esutjss-269	216	21	on	on	ADP
esutjss-269	216	22	one	one	NUM
esutjss-269	216	23	hand	hand	NOUN
esutjss-269	216	24	and	and	CCONJ
esutjss-269	216	25	monetary	monetary	ADJ
esutjss-269	216	26	policy	policy	NOUN
esutjss-269	216	27	on	on	ADP
esutjss-269	216	28	the	the	DET
esutjss-269	216	29	other	other	ADJ
esutjss-269	216	30	hand	hand	NOUN
esutjss-269	216	31	.	.	PUNCT
esutjss-269	217	1	first	first	ADJ
esutjss-269	217	2	hand	hand	NOUN
esutjss-269	217	3	evidence	evidence	NOUN
esutjss-269	217	4	as	as	SCONJ
esutjss-269	217	5	shown	show	VERB
esutjss-269	217	6	in	in	ADP
esutjss-269	217	7	the	the	DET
esutjss-269	217	8	causality	causality	NOUN
esutjss-269	217	9	results	result	NOUN
esutjss-269	217	10	show	show	VERB
esutjss-269	217	11	that	that	SCONJ
esutjss-269	217	12	the	the	DET
esutjss-269	217	13	relationship	relationship	NOUN
esutjss-269	217	14	between	between	ADP
esutjss-269	217	15	debt	debt	NOUN
esutjss-269	217	16	sustainability	sustainability	NOUN
esutjss-269	217	17	and	and	CCONJ
esutjss-269	217	18	economic	economic	ADJ
esutjss-269	217	19	growth	growth	NOUN
esutjss-269	217	20	is	be	AUX
esutjss-269	217	21	symbiotically	symbiotically	ADV
esutjss-269	217	22	mutual	mutual	ADJ
esutjss-269	217	23	,	,	PUNCT
esutjss-269	217	24	reinforcing	reinforce	VERB
esutjss-269	217	25	each	each	DET
esutjss-269	217	26	other	other	ADJ
esutjss-269	217	27	both	both	CCONJ
esutjss-269	217	28	in	in	ADP
esutjss-269	217	29	the	the	DET
esutjss-269	217	30	immediate	immediate	ADJ
esutjss-269	217	31	and	and	CCONJ
esutjss-269	217	32	in	in	ADP
esutjss-269	217	33	the	the	DET
esutjss-269	217	34	long	long	ADJ
esutjss-269	217	35	-	-	PUNCT
esutjss-269	217	36	term	term	NOUN
esutjss-269	217	37	.	.	PUNCT
esutjss-269	218	1	this	this	DET
esutjss-269	218	2	paper	paper	NOUN
esutjss-269	218	3	has	have	AUX
esutjss-269	218	4	contributed	contribute	VERB
esutjss-269	218	5	to	to	ADP
esutjss-269	218	6	the	the	DET
esutjss-269	218	7	existing	exist	VERB
esutjss-269	218	8	body	body	NOUN
esutjss-269	218	9	of	of	ADP
esutjss-269	218	10	knowledge	knowledge	NOUN
esutjss-269	218	11	on	on	ADP
esutjss-269	218	12	fiscal	fiscal	ADJ
esutjss-269	218	13	policy	policy	NOUN
esutjss-269	218	14	(	(	PUNCT
esutjss-269	218	15	debt	debt	NOUN
esutjss-269	218	16	sustainability	sustainability	NOUN
esutjss-269	218	17	and	and	CCONJ
esutjss-269	218	18	economic	economic	ADJ
esutjss-269	218	19	growth	growth	NOUN
esutjss-269	218	20	)	)	PUNCT
esutjss-269	218	21	.	.	PUNCT
esutjss-269	219	1	the	the	DET
esutjss-269	219	2	challenge	challenge	NOUN
esutjss-269	219	3	of	of	ADP
esutjss-269	219	4	this	this	DET
esutjss-269	219	5	paper	paper	NOUN
esutjss-269	219	6	is	be	AUX
esutjss-269	219	7	the	the	DET
esutjss-269	219	8	omission	omission	NOUN
esutjss-269	219	9	of	of	ADP
esutjss-269	219	10	more	more	ADV
esutjss-269	219	11	relevant	relevant	ADJ
esutjss-269	219	12	economic	economic	ADJ
esutjss-269	219	13	growth	growth	NOUN
esutjss-269	219	14	drivers	driver	NOUN
esutjss-269	219	15	including	include	VERB
esutjss-269	219	16	openness	openness	NOUN
esutjss-269	219	17	of	of	ADP
esutjss-269	219	18	the	the	DET
esutjss-269	219	19	economy	economy	NOUN
esutjss-269	219	20	and	and	CCONJ
esutjss-269	219	21	external	external	ADJ
esutjss-269	219	22	competitiveness	competitiveness	NOUN
esutjss-269	219	23	,	,	PUNCT
esutjss-269	219	24	demographic	demographic	ADJ
esutjss-269	219	25	characteristics	characteristic	NOUN
esutjss-269	219	26	and	and	CCONJ
esutjss-269	219	27	investment	investment	NOUN
esutjss-269	219	28	indicator	indicator	NOUN
esutjss-269	219	29	variables	variable	VERB
esutjss-269	219	30	.	.	PUNCT
esutjss-269	220	1	it	it	PRON
esutjss-269	220	2	is	be	AUX
esutjss-269	220	3	expected	expect	VERB
esutjss-269	220	4	that	that	SCONJ
esutjss-269	220	5	future	future	ADJ
esutjss-269	220	6	research	research	NOUN
esutjss-269	220	7	on	on	ADP
esutjss-269	220	8	the	the	DET
esutjss-269	220	9	relationship	relationship	NOUN
esutjss-269	220	10	between	between	ADP
esutjss-269	220	11	debt	debt	NOUN
esutjss-269	220	12	sustainability	sustainability	NOUN
esutjss-269	220	13	and	and	CCONJ
esutjss-269	220	14	economic	economic	ADJ
esutjss-269	220	15	growth	growth	NOUN
esutjss-269	220	16	should	should	AUX
esutjss-269	220	17	consider	consider	VERB
esutjss-269	220	18	the	the	DET
esutjss-269	220	19	inclusion	inclusion	NOUN
esutjss-269	220	20	of	of	ADP
esutjss-269	220	21	these	these	DET
esutjss-269	220	22	omitted	omit	VERB
esutjss-269	220	23	variables	variable	NOUN
esutjss-269	220	24	to	to	PART
esutjss-269	220	25	enhance	enhance	VERB
esutjss-269	220	26	robustness	robustness	NOUN
esutjss-269	220	27	of	of	ADP
esutjss-269	220	28	economic	economic	ADJ
esutjss-269	220	29	analysis	analysis	NOUN
esutjss-269	220	30	.	.	PUNCT
esutjss-269	221	1	policy	policy	NOUN
esutjss-269	221	2	implications	implication	NOUN
esutjss-269	221	3	from	from	ADP
esutjss-269	221	4	the	the	DET
esutjss-269	221	5	empirical	empirical	ADJ
esutjss-269	221	6	results	result	NOUN
esutjss-269	221	7	,	,	PUNCT
esutjss-269	221	8	the	the	DET
esutjss-269	221	9	following	follow	VERB
esutjss-269	221	10	can	can	AUX
esutjss-269	221	11	be	be	AUX
esutjss-269	221	12	considered	consider	VERB
esutjss-269	221	13	for	for	ADP
esutjss-269	221	14	implementation	implementation	NOUN
esutjss-269	221	15	:	:	PUNCT
esutjss-269	221	16	sustain	sustain	VERB
esutjss-269	221	17	the	the	DET
esutjss-269	221	18	current	current	ADJ
esutjss-269	221	19	fiscal	fiscal	ADJ
esutjss-269	221	20	policy	policy	NOUN
esutjss-269	221	21	regime	regime	NOUN
esutjss-269	221	22	/	/	SYM
esutjss-269	221	23	reforms	reform	NOUN
esutjss-269	221	24	,	,	PUNCT
esutjss-269	221	25	economy	economy	NOUN
esutjss-269	221	26	-	-	PUNCT
esutjss-269	221	27	wide	wide	ADJ
esutjss-269	221	28	and	and	CCONJ
esutjss-269	221	29	sector	sector	NOUN
esutjss-269	221	30	specific	specific	ADJ
esutjss-269	221	31	so	so	SCONJ
esutjss-269	221	32	as	as	SCONJ
esutjss-269	221	33	to	to	PART
esutjss-269	221	34	promote	promote	VERB
esutjss-269	221	35	growth	growth	NOUN
esutjss-269	221	36	.	.	PUNCT
esutjss-269	222	1	this	this	PRON
esutjss-269	222	2	also	also	ADV
esutjss-269	222	3	implies	imply	VERB
esutjss-269	222	4	regular	regular	ADJ
esutjss-269	222	5	update	update	NOUN
esutjss-269	222	6	using	use	VERB
esutjss-269	222	7	the	the	DET
esutjss-269	222	8	best	good	ADJ
esutjss-269	222	9	scenarios	scenario	NOUN
esutjss-269	222	10	for	for	ADP
esutjss-269	222	11	the	the	DET
esutjss-269	222	12	nigeria	nigeria	PROPN
esutjss-269	222	13	debt	debt	NOUN
esutjss-269	222	14	sustainability	sustainability	NOUN
esutjss-269	222	15	analysis	analysis	NOUN
esutjss-269	222	16	(	(	PUNCT
esutjss-269	222	17	dsa	dsa	NOUN
esutjss-269	222	18	)	)	PUNCT
esutjss-269	222	19	.	.	PUNCT
esutjss-269	223	1	if	if	SCONJ
esutjss-269	223	2	possible	possible	ADJ
esutjss-269	223	3	by	by	ADP
esutjss-269	223	4	the	the	DET
esutjss-269	223	5	government	government	NOUN
esutjss-269	223	6	,	,	PUNCT
esutjss-269	223	7	a	a	DET
esutjss-269	223	8	moratorium	moratorium	NOUN
esutjss-269	223	9	on	on	ADP
esutjss-269	223	10	debt	debt	NOUN
esutjss-269	223	11	accumulation	accumulation	NOUN
esutjss-269	223	12	at	at	ADP
esutjss-269	223	13	all	all	DET
esutjss-269	223	14	levels	level	NOUN
esutjss-269	223	15	of	of	ADP
esutjss-269	223	16	government	government	NOUN
esutjss-269	223	17	should	should	AUX
esutjss-269	223	18	be	be	AUX
esutjss-269	223	19	implemented	implement	VERB
esutjss-269	223	20	.	.	PUNCT
esutjss-269	224	1	this	this	PRON
esutjss-269	224	2	would	would	AUX
esutjss-269	224	3	reduce	reduce	VERB
esutjss-269	224	4	the	the	DET
esutjss-269	224	5	excessive	excessive	ADJ
esutjss-269	224	6	borrowing	borrowing	NOUN
esutjss-269	224	7	by	by	ADP
esutjss-269	224	8	the	the	DET
esutjss-269	224	9	federal	federal	ADJ
esutjss-269	224	10	government	government	NOUN
esutjss-269	224	11	and	and	CCONJ
esutjss-269	224	12	subnational	subnational	ADJ
esutjss-269	224	13	governments	government	NOUN
esutjss-269	224	14	.	.	PUNCT
esutjss-269	225	1	the	the	DET
esutjss-269	225	2	central	central	ADJ
esutjss-269	225	3	bank	bank	PROPN
esutjss-269	225	4	of	of	ADP
esutjss-269	225	5	nigeria	nigeria	PROPN
esutjss-269	225	6	should	should	AUX
esutjss-269	225	7	reconsider	reconsider	VERB
esutjss-269	225	8	the	the	DET
esutjss-269	225	9	hike	hike	NOUN
esutjss-269	225	10	in	in	ADP
esutjss-269	225	11	the	the	DET
esutjss-269	225	12	rate	rate	NOUN
esutjss-269	225	13	,	,	PUNCT
esutjss-269	225	14	a	a	DET
esutjss-269	225	15	downward	downward	ADJ
esutjss-269	225	16	review	review	NOUN
esutjss-269	225	17	in	in	ADP
esutjss-269	225	18	order	order	NOUN
esutjss-269	225	19	to	to	PART
esutjss-269	225	20	promote	promote	VERB
esutjss-269	225	21	growth	growth	NOUN
esutjss-269	225	22	.	.	PUNCT
esutjss-269	226	1	government	government	NOUN
esutjss-269	226	2	spending	spending	NOUN
esutjss-269	226	3	should	should	AUX
esutjss-269	226	4	be	be	AUX
esutjss-269	226	5	to	to	PART
esutjss-269	226	6	promote	promote	VERB
esutjss-269	226	7	productive	productive	ADJ
esutjss-269	226	8	/	/	SYM
esutjss-269	226	9	growth	growth	NOUN
esutjss-269	226	10	drivers	driver	NOUN
esutjss-269	226	11	than	than	ADP
esutjss-269	226	12	consumption	consumption	NOUN
esutjss-269	226	13	.	.	PUNCT
esutjss-269	227	1	reference	reference	PROPN
esutjss-269	227	2	abdullahi	abdullahi	PROPN
esutjss-269	227	3	,	,	PUNCT
esutjss-269	227	4	h.	h.	PROPN
esutjss-269	227	5	s.	s.	PROPN
esutjss-269	227	6	,	,	PUNCT
esutjss-269	227	7	&	&	CCONJ
esutjss-269	227	8	bello	bello	PROPN
esutjss-269	227	9	,	,	PUNCT
esutjss-269	227	10	o.	o.	PROPN
esutjss-269	227	11	o.	o.	PROPN
esutjss-269	227	12	(	(	PUNCT
esutjss-269	227	13	2025	2025	NUM
esutjss-269	227	14	)	)	PUNCT
esutjss-269	227	15	.	.	PUNCT
esutjss-269	228	1	the	the	DET
esutjss-269	228	2	dynamics	dynamic	NOUN
esutjss-269	228	3	of	of	ADP
esutjss-269	228	4	external	external	ADJ
esutjss-269	228	5	debt	debt	NOUN
esutjss-269	228	6	and	and	CCONJ
esutjss-269	228	7	economic	economic	ADJ
esutjss-269	228	8	growth	growth	NOUN
esutjss-269	228	9	in	in	ADP
esutjss-269	228	10	nigeria	nigeria	PROPN
esutjss-269	228	11	:	:	PUNCT
esutjss-269	228	12	a	a	DET
esutjss-269	228	13	var	var	NOUN
esutjss-269	228	14	approach	approach	NOUN
esutjss-269	228	15	.	.	PUNCT
esutjss-269	229	1	international	international	ADJ
esutjss-269	229	2	journal	journal	PROPN
esutjss-269	229	3	of	of	ADP
esutjss-269	229	4	economic	economic	ADJ
esutjss-269	229	5	policy	policy	NOUN
esutjss-269	229	6	,	,	PUNCT
esutjss-269	229	7	35(4	35(4	NUM
esutjss-269	229	8	)	)	PUNCT
esutjss-269	229	9	,	,	PUNCT
esutjss-269	229	10	10561074	10561074	NUM
esutjss-269	229	11	.	.	PUNCT
esutjss-269	230	1	akinlo	akinlo	PROPN
esutjss-269	230	2	,	,	PUNCT
esutjss-269	230	3	a.	a.	PROPN
esutjss-269	230	4	e.	e.	PROPN
esutjss-269	230	5	,	,	PUNCT
esutjss-269	230	6	&	&	CCONJ
esutjss-269	230	7	lawal	lawal	PROPN
esutjss-269	230	8	,	,	PUNCT
esutjss-269	230	9	a.	a.	NOUN
esutjss-269	230	10	i.	i.	PROPN
esutjss-269	230	11	(	(	PUNCT
esutjss-269	230	12	2024	2024	NUM
esutjss-269	230	13	)	)	PUNCT
esutjss-269	230	14	.	.	PUNCT
esutjss-269	231	1	the	the	DET
esutjss-269	231	2	effect	effect	NOUN
esutjss-269	231	3	of	of	ADP
esutjss-269	231	4	external	external	ADJ
esutjss-269	231	5	debt	debt	NOUN
esutjss-269	231	6	on	on	ADP
esutjss-269	231	7	economic	economic	ADJ
esutjss-269	231	8	growth	growth	NOUN
esutjss-269	231	9	in	in	ADP
esutjss-269	231	10	nigeria	nigeria	PROPN
esutjss-269	231	11	:	:	PUNCT
esutjss-269	231	12	a	a	DET
esutjss-269	231	13	time	time	NOUN
esutjss-269	231	14	-	-	PUNCT
esutjss-269	231	15	series	series	NOUN
esutjss-269	231	16	analysis	analysis	NOUN
esutjss-269	231	17	.	.	PUNCT
esutjss-269	232	1	african	african	ADJ
esutjss-269	232	2	journal	journal	PROPN
esutjss-269	232	3	of	of	ADP
esutjss-269	232	4	economic	economic	ADJ
esutjss-269	232	5	review	review	NOUN
esutjss-269	232	6	,	,	PUNCT
esutjss-269	232	7	12(1	12(1	NUM
esutjss-269	232	8	)	)	PUNCT
esutjss-269	232	9	,	,	PUNCT
esutjss-269	232	10	120	120	NUM
esutjss-269	232	11	-	-	SYM
esutjss-269	232	12	136	136	NUM
esutjss-269	232	13	.	.	PUNCT
esutjss-269	233	1	95	95	NUM
esutjss-269	233	2	aliyu	aliyu	NOUN
esutjss-269	233	3	,	,	PUNCT
esutjss-269	233	4	m.	m.	NOUN
esutjss-269	233	5	a.	a.	PROPN
esutjss-269	233	6	,	,	PUNCT
esutjss-269	233	7	&	&	CCONJ
esutjss-269	233	8	usman	usman	PROPN
esutjss-269	233	9	,	,	PUNCT
esutjss-269	233	10	b.	b.	PROPN
esutjss-269	233	11	o.	o.	PROPN
esutjss-269	233	12	(	(	PUNCT
esutjss-269	233	13	2023	2023	NUM
esutjss-269	233	14	)	)	PUNCT
esutjss-269	233	15	.	.	PUNCT
esutjss-269	234	1	external	external	ADJ
esutjss-269	234	2	debt	debt	NOUN
esutjss-269	234	3	and	and	CCONJ
esutjss-269	234	4	economic	economic	ADJ
esutjss-269	234	5	growth	growth	NOUN
esutjss-269	234	6	in	in	ADP
esutjss-269	234	7	nigeria	nigeria	PROPN
esutjss-269	234	8	:	:	PUNCT
esutjss-269	234	9	an	an	DET
esutjss-269	234	10	empirical	empirical	ADJ
esutjss-269	234	11	investigation	investigation	NOUN
esutjss-269	234	12	.	.	PUNCT
esutjss-269	235	1	journal	journal	PROPN
esutjss-269	235	2	of	of	ADP
esutjss-269	235	3	development	development	NOUN
esutjss-269	235	4	economics	economic	NOUN
esutjss-269	235	5	,	,	PUNCT
esutjss-269	235	6	52(3	52(3	NOUN
esutjss-269	235	7	)	)	PUNCT
esutjss-269	235	8	,	,	PUNCT
esutjss-269	235	9	210	210	NUM
esutjss-269	235	10	-	-	SYM
esutjss-269	235	11	225	225	NUM
esutjss-269	235	12	.	.	PUNCT
esutjss-269	236	1	dave	dave	PROPN
esutjss-269	236	2	,	,	PUNCT
esutjss-269	236	3	b.j.(2024	b.j.(2024	PROPN
esutjss-269	236	4	)	)	PUNCT
esutjss-269	236	5	the	the	DET
esutjss-269	236	6	relationship	relationship	NOUN
esutjss-269	236	7	between	between	ADP
esutjss-269	236	8	the	the	DET
esutjss-269	236	9	debt	debt	NOUN
esutjss-269	236	10	–	–	PUNCT
esutjss-269	236	11	to	to	ADP
esutjss-269	236	12	-	-	PUNCT
esutjss-269	236	13	dgp	dgp	NOUN
esutjss-269	236	14	ratio	ratio	NOUN
esutjss-269	236	15	and	and	CCONJ
esutjss-269	236	16	the	the	DET
esutjss-269	236	17	gdp	gdp	NOUN
esutjss-269	236	18	in	in	ADP
esutjss-269	236	19	developed	develop	VERB
esutjss-269	236	20	(	(	PUNCT
esutjss-269	236	21	us	us	PROPN
esutjss-269	236	22	,	,	PUNCT
esutjss-269	236	23	japan	japan	PROPN
esutjss-269	236	24	)	)	PUNCT
esutjss-269	236	25	,	,	PUNCT
esutjss-269	236	26	developing	develop	VERB
esutjss-269	236	27	countries(asia	countries(asia	PROPN
esutjss-269	236	28	and	and	CCONJ
esutjss-269	236	29	europe	europe	PROPN
esutjss-269	236	30	)	)	PUNCT
esutjss-269	236	31	and	and	CCONJ
esutjss-269	236	32	african	african	ADJ
esutjss-269	236	33	sub	sub	ADJ
esutjss-269	236	34	-	-	ADJ
esutjss-269	236	35	saharan	saharan	ADJ
esutjss-269	236	36	countries	country	NOUN
esutjss-269	236	37	with	with	ADP
esutjss-269	236	38	emphasis	emphasis	NOUN
esutjss-269	236	39	on	on	ADP
esutjss-269	236	40	indian	indian	ADJ
esutjss-269	236	41	scenario	scenario	NOUN
esutjss-269	236	42	:	:	PUNCT
esutjss-269	236	43	a	a	DET
esutjss-269	236	44	comparative	comparative	ADJ
esutjss-269	236	45	study	study	NOUN
esutjss-269	236	46	.	.	PUNCT
esutjss-269	237	1	journal	journal	PROPN
esutjss-269	237	2	of	of	ADP
esutjss-269	237	3	management	management	NOUN
esutjss-269	237	4	research	research	NOUN
esutjss-269	237	5	and	and	CCONJ
esutjss-269	237	6	analysis	analysis	NOUN
esutjss-269	237	7	11(2	11(2	NUM
esutjss-269	237	8	):	):	PUNCT
esutjss-269	237	9	131	131	NUM
esutjss-269	237	10	-	-	SYM
esutjss-269	237	11	139	139	NUM
esutjss-269	237	12	https://www.ipinnovative	https://www.ipinnovative	ADJ
esutjss-269	237	13	.com	.com	PROPN
esutjss-269	237	14	/	/	SYM
esutjss-269	237	15	open	open	ADJ
esutjss-269	237	16	accessjournal	accessjournal	ADJ
esutjss-269	237	17	fagbola	fagbola	NOUN
esutjss-269	237	18	,	,	PUNCT
esutjss-269	237	19	o	o	PROPN
esutjss-269	237	20	&	&	CCONJ
esutjss-269	237	21	sokunbi	sokunbi	NOUN
esutjss-269	237	22	,	,	PUNCT
esutjss-269	237	23	v.(2020	v.(2020	PROPN
esutjss-269	237	24	)	)	PUNCT
esutjss-269	237	25	effect	effect	NOUN
esutjss-269	237	26	of	of	ADP
esutjss-269	237	27	external	external	ADJ
esutjss-269	237	28	debt	debt	NOUN
esutjss-269	237	29	on	on	ADP
esutjss-269	237	30	economic	economic	ADJ
esutjss-269	237	31	growth	growth	NOUN
esutjss-269	237	32	in	in	ADP
esutjss-269	237	33	nigeria	nigeria	PROPN
esutjss-269	237	34	.	.	PUNCT
esutjss-269	238	1	journal	journal	PROPN
esutjss-269	238	2	of	of	ADP
esutjss-269	238	3	economics	economic	NOUN
esutjss-269	238	4	and	and	CCONJ
esutjss-269	238	5	sustainable	sustainable	ADJ
esutjss-269	238	6	development	development	NOUN
esutjss-269	238	7	,	,	PUNCT
esutjss-269	238	8	3(8	3(8	NUM
esutjss-269	238	9	)	)	PUNCT
esutjss-269	238	10	,	,	PUNCT
esutjss-269	238	11	12	12	NUM
esutjss-269	238	12	-	-	SYM
esutjss-269	238	13	26	26	NUM
esutjss-269	238	14	hakura	hakura	X
esutjss-269	238	15	,	,	PUNCT
esutjss-269	238	16	d.(2020	d.(2020	PROPN
esutjss-269	238	17	)	)	PUNCT
esutjss-269	238	18	what	what	PRON
esutjss-269	238	19	is	be	AUX
esutjss-269	238	20	debt	debt	NOUN
esutjss-269	238	21	sustainability	sustainability	NOUN
esutjss-269	238	22	?	?	PUNCT
esutjss-269	239	1	f	f	PROPN
esutjss-269	239	2	&	&	CCONJ
esutjss-269	239	3	d	d	PROPN
esutjss-269	239	4	finance	finance	NOUN
esutjss-269	239	5	and	and	CCONJ
esutjss-269	239	6	development	development	NOUN
esutjss-269	239	7	magazine	magazine	NOUN
esutjss-269	239	8	.	.	PUNCT
esutjss-269	240	1	international	international	ADJ
esutjss-269	240	2	monetary	monetary	ADJ
esutjss-269	240	3	fund	fund	PROPN
esutjss-269	240	4	.	.	PUNCT
esutjss-269	241	1	heimberger	heimberger	NOUN
esutjss-269	241	2	,	,	PUNCT
esutjss-269	241	3	p.	p.	NOUN
esutjss-269	241	4	(	(	PUNCT
esutjss-269	241	5	2021	2021	NUM
esutjss-269	241	6	)	)	PUNCT
esutjss-269	241	7	do	do	AUX
esutjss-269	241	8	higher	high	ADJ
esutjss-269	241	9	public	public	ADJ
esutjss-269	241	10	debt	debt	NOUN
esutjss-269	241	11	levels	level	NOUN
esutjss-269	241	12	reduce	reduce	VERB
esutjss-269	241	13	economic	economic	ADJ
esutjss-269	241	14	growth	growth	NOUN
esutjss-269	241	15	?	?	PUNCT
esutjss-269	242	1	working	work	VERB
esutjss-269	242	2	paper	paper	NOUN
esutjss-269	242	3	211	211	NUM
esutjss-269	242	4	.	.	PUNCT
esutjss-269	243	1	the	the	DET
esutjss-269	243	2	vienna	vienna	PROPN
esutjss-269	243	3	institute	institute	PROPN
esutjss-269	243	4	for	for	ADP
esutjss-269	243	5	international	international	ADJ
esutjss-269	243	6	economic	economic	ADJ
esutjss-269	243	7	studies	study	NOUN
esutjss-269	243	8	ibrahim	ibrahim	PROPN
esutjss-269	243	9	,	,	PUNCT
esutjss-269	243	10	h.	h.	PROPN
esutjss-269	243	11	i.	i.	PROPN
esutjss-269	243	12	,	,	PUNCT
esutjss-269	243	13	&	&	CCONJ
esutjss-269	243	14	mohammed	mohammed	PROPN
esutjss-269	243	15	,	,	PUNCT
esutjss-269	243	16	s.	s.	PROPN
esutjss-269	243	17	a.	a.	PROPN
esutjss-269	243	18	(	(	PUNCT
esutjss-269	243	19	2025	2025	NUM
esutjss-269	243	20	)	)	PUNCT
esutjss-269	243	21	.	.	PUNCT
esutjss-269	244	1	external	external	ADJ
esutjss-269	244	2	debt	debt	NOUN
esutjss-269	244	3	,	,	PUNCT
esutjss-269	244	4	oil	oil	NOUN
esutjss-269	244	5	prices	price	NOUN
esutjss-269	244	6	,	,	PUNCT
esutjss-269	244	7	and	and	CCONJ
esutjss-269	244	8	economic	economic	ADJ
esutjss-269	244	9	growth	growth	NOUN
esutjss-269	244	10	in	in	ADP
esutjss-269	244	11	nigeria	nigeria	PROPN
esutjss-269	244	12	:	:	PUNCT
esutjss-269	244	13	evidence	evidence	NOUN
esutjss-269	244	14	from	from	ADP
esutjss-269	244	15	ecm	ecm	PROPN
esutjss-269	244	16	analysis	analysis	NOUN
esutjss-269	244	17	.	.	PUNCT
esutjss-269	245	1	journal	journal	NOUN
esutjss-269	245	2	of	of	ADP
esutjss-269	245	3	african	african	ADJ
esutjss-269	245	4	business	business	NOUN
esutjss-269	245	5	,	,	PUNCT
esutjss-269	245	6	26(1	26(1	NUM
esutjss-269	245	7	)	)	PUNCT
esutjss-269	245	8	,	,	PUNCT
esutjss-269	245	9	78	78	NUM
esutjss-269	245	10	-	-	SYM
esutjss-269	245	11	94	94	NUM
esutjss-269	245	12	.	.	PUNCT
esutjss-269	246	1	ogunleye	ogunleye	PROPN
esutjss-269	246	2	,	,	PUNCT
esutjss-269	246	3	d.	d.	PROPN
esutjss-269	246	4	a.	a.	PROPN
esutjss-269	246	5	,	,	PUNCT
esutjss-269	246	6	&	&	CCONJ
esutjss-269	246	7	olajide	olajide	PROPN
esutjss-269	246	8	,	,	PUNCT
esutjss-269	246	9	k.	k.	PROPN
esutjss-269	246	10	o.	o.	PROPN
esutjss-269	247	1	(	(	PUNCT
esutjss-269	247	2	2024	2024	NUM
esutjss-269	247	3	)	)	PUNCT
esutjss-269	247	4	.	.	PUNCT
esutjss-269	248	1	external	external	ADJ
esutjss-269	248	2	debt	debt	NOUN
esutjss-269	248	3	and	and	CCONJ
esutjss-269	248	4	economic	economic	ADJ
esutjss-269	248	5	growth	growth	NOUN
esutjss-269	248	6	in	in	ADP
esutjss-269	248	7	sub	sub	ADJ
esutjss-269	248	8	-	-	ADJ
esutjss-269	248	9	saharan	saharan	ADJ
esutjss-269	248	10	africa	africa	PROPN
esutjss-269	248	11	:	:	PUNCT
esutjss-269	248	12	a	a	DET
esutjss-269	248	13	case	case	NOUN
esutjss-269	248	14	study	study	NOUN
esutjss-269	248	15	of	of	ADP
esutjss-269	248	16	nigeria	nigeria	PROPN
esutjss-269	248	17	.	.	PUNCT
esutjss-269	249	1	economics	economic	NOUN
esutjss-269	249	2	and	and	CCONJ
esutjss-269	249	3	finance	finance	PROPN
esutjss-269	249	4	review	review	NOUN
esutjss-269	249	5	,	,	PUNCT
esutjss-269	249	6	14(1	14(1	NUM
esutjss-269	249	7	)	)	PUNCT
esutjss-269	249	8	,	,	PUNCT
esutjss-269	249	9	45	45	NUM
esutjss-269	249	10	-	-	SYM
esutjss-269	249	11	60	60	NUM
esutjss-269	249	12	.	.	PUNCT
esutjss-269	249	13	oyadeyi	oyadeyi	NOUN
esutjss-269	249	14	,	,	PUNCT
esutjss-269	249	15	o.	o.	PROPN
esutjss-269	249	16	o.	o.	PROPN
esutjss-269	249	17	,	,	PUNCT
esutjss-269	249	18	agboola	agboola	PROPN
esutjss-269	249	19	,	,	PUNCT
esutjss-269	249	20	o.	o.	PROPN
esutjss-269	249	21	w.	w.	PROPN
esutjss-269	249	22	,	,	PUNCT
esutjss-269	249	23	okunade	okunade	ADJ
esutjss-269	249	24	,	,	PUNCT
esutjss-269	249	25	s.	s.	PROPN
esutjss-269	249	26	o.	o.	PROPN
esutjss-269	249	27	,	,	PUNCT
esutjss-269	249	28	&	&	CCONJ
esutjss-269	249	29	osinubi	osinubi	ADV
esutjss-269	249	30	,	,	PUNCT
esutjss-269	249	31	t.	t.	PROPN
esutjss-269	249	32	t.	t.	PROPN
esutjss-269	249	33	(	(	PUNCT
esutjss-269	249	34	2024	2024	NUM
esutjss-269	249	35	)	)	PUNCT
esutjss-269	249	36	.	.	PUNCT
esutjss-269	250	1	the	the	DET
esutjss-269	250	2	debt	debt	NOUN
esutjss-269	250	3	-	-	PUNCT
esutjss-269	250	4	growth	growth	NOUN
esutjss-269	250	5	nexus	nexus	NOUN
esutjss-269	250	6	and	and	CCONJ
esutjss-269	250	7	debt	debt	NOUN
esutjss-269	250	8	sustainability	sustainability	NOUN
esutjss-269	250	9	in	in	ADP
esutjss-269	250	10	nigeria	nigeria	PROPN
esutjss-269	250	11	:	:	PUNCT
esutjss-269	250	12	are	be	AUX
esutjss-269	250	13	there	there	PRON
esutjss-269	250	14	reasons	reason	NOUN
esutjss-269	250	15	to	to	PART
esutjss-269	250	16	be	be	AUX
esutjss-269	250	17	concerned	concern	VERB
esutjss-269	250	18	?	?	PUNCT
esutjss-269	250	19	.	.	PUNCT
esutjss-269	251	1	journal	journal	PROPN
esutjss-269	251	2	of	of	ADP
esutjss-269	251	3	policy	policy	NOUN
esutjss-269	251	4	modeling	modeling	NOUN
esutjss-269	251	5	,	,	PUNCT
esutjss-269	251	6	46(1	46(1	PROPN
esutjss-269	251	7	)	)	PUNCT
esutjss-269	251	8	,	,	PUNCT
esutjss-269	251	9	129	129	NUM
esutjss-269	251	10	-	-	SYM
esutjss-269	251	11	152	152	NUM
esutjss-269	251	12	.	.	PUNCT
esutjss-269	252	1	sanusi	sanusi	PROPN
esutjss-269	252	2	,	,	PUNCT
esutjss-269	252	3	k.a	k.a	PROPN
esutjss-269	252	4	;	;	PUNCT
esutjss-269	252	5	hassan	hassan	PROPN
esutjss-269	252	6	,	,	PUNCT
esutjss-269	252	7	a.s	a.s	PROPN
esutjss-269	252	8	,	,	PUNCT
esutjss-269	252	9	&	&	CCONJ
esutjss-269	252	10	meyer	meyer	PROPN
esutjss-269	252	11	,	,	PUNCT
esutjss-269	252	12	d.f.(2019	d.f.(2019	PROPN
esutjss-269	252	13	)	)	PUNCT
esutjss-269	252	14	nonlinear	nonlinear	ADJ
esutjss-269	252	15	effects	effect	NOUN
esutjss-269	252	16	of	of	ADP
esutjss-269	252	17	public	public	ADJ
esutjss-269	252	18	debt	debt	NOUN
esutjss-269	252	19	on	on	ADP
esutjss-269	252	20	economic	economic	ADJ
esutjss-269	252	21	growth	growth	NOUN
esutjss-269	252	22	in	in	ADP
esutjss-269	252	23	southern	southern	ADJ
esutjss-269	252	24	african	african	ADJ
esutjss-269	252	25	development	development	PROPN
esutjss-269	252	26	community(sadc	community(sadc	PROPN
esutjss-269	252	27	)	)	PUNCT
esutjss-269	252	28	countries	country	NOUN
esutjss-269	252	29	.	.	PUNCT
esutjss-269	253	1	international	international	ADJ
esutjss-269	253	2	journal	journal	PROPN
esutjss-269	253	3	of	of	ADP
esutjss-269	253	4	economics	economic	NOUN
esutjss-269	253	5	and	and	CCONJ
esutjss-269	253	6	management	management	NOUN
esutjss-269	253	7	,	,	PUNCT
esutjss-269	253	8	13(1	13(1	NUM
esutjss-269	253	9	)	)	PUNCT
esutjss-269	253	10	,	,	PUNCT
esutjss-269	253	11	193	193	NUM
esutjss-269	253	12	-	-	SYM
esutjss-269	253	13	202	202	NUM
esutjss-269	253	14	.	.	PUNCT
esutjss-269	254	1	https://	https://	PROPN
esutjss-269	254	2	ijem.upm.edu.my	ijem.upm.edu.my	PROPN
esutjss-269	254	3	soyres	soyre	NOUN
esutjss-269	254	4	,	,	PUNCT
esutjss-269	254	5	c.d	c.d	PROPN
esutjss-269	254	6	,	,	PUNCT
esutjss-269	254	7	kawal	kawal	PROPN
esutjss-269	254	8	,	,	PUNCT
esutjss-269	254	9	r.	r.	PROPN
esutjss-269	254	10	&	&	CCONJ
esutjss-269	254	11	wang	wang	PROPN
esutjss-269	254	12	,	,	PUNCT
esutjss-269	254	13	m.(2022	m.(2022	PROPN
esutjss-269	254	14	)	)	PUNCT
esutjss-269	254	15	public	public	ADJ
esutjss-269	254	16	debt	debt	NOUN
esutjss-269	254	17	and	and	CCONJ
esutjss-269	254	18	real	real	ADJ
esutjss-269	254	19	gdp	gdp	NOUN
esutjss-269	254	20	:	:	PUNCT
esutjss-269	254	21	revisiting	revisit	VERB
esutjss-269	254	22	the	the	DET
esutjss-269	254	23	impact	impact	NOUN
esutjss-269	254	24	.	.	PUNCT
esutjss-269	255	1	imf	imf	PROPN
esutjss-269	255	2	working	working	PROPN
esutjss-269	255	3	paper	paper	NOUN
esutjss-269	255	4	,	,	PUNCT
esutjss-269	255	5	finance	finance	PROPN
esutjss-269	255	6	department	department	PROPN
esutjss-269	255	7	international	international	PROPN
esutjss-269	255	8	monetary	monetary	PROPN
esutjss-269	255	9	fund	fund	PROPN
esutjss-269	255	10	spilloti	spilloti	PROPN
esutjss-269	255	11	,	,	PUNCT
esutjss-269	255	12	s.	s.	PROPN
esutjss-269	255	13	(	(	PUNCT
esutjss-269	255	14	2015	2015	NUM
esutjss-269	255	15	)	)	PUNCT
esutjss-269	255	16	the	the	DET
esutjss-269	255	17	relationship	relationship	NOUN
esutjss-269	255	18	between	between	ADP
esutjss-269	255	19	the	the	DET
esutjss-269	255	20	government	government	NOUN
esutjss-269	255	21	debt	debt	NOUN
esutjss-269	255	22	and	and	CCONJ
esutjss-269	255	23	gdp	gdp	NOUN
esutjss-269	255	24	growth	growth	NOUN
esutjss-269	255	25	:	:	PUNCT
esutjss-269	255	26	evidence	evidence	NOUN
esutjss-269	255	27	of	of	ADP
esutjss-269	255	28	the	the	DET
esutjss-269	255	29	euro	euro	PROPN
esutjss-269	255	30	area	area	NOUN
esutjss-269	255	31	countries	country	NOUN
esutjss-269	255	32	.	.	PUNCT
esutjss-269	256	1	investment	investment	NOUN
esutjss-269	256	2	management	management	NOUN
esutjss-269	256	3	and	and	CCONJ
esutjss-269	256	4	financial	financial	ADJ
esutjss-269	256	5	innovation	innovation	NOUN
esutjss-269	256	6	,	,	PUNCT
esutjss-269	256	7	12(1	12(1	NUM
esutjss-269	256	8	)	)	PUNCT
esutjss-269	256	9	,	,	PUNCT
esutjss-269	256	10	174	174	NUM
esutjss-269	256	11	-	-	SYM
esutjss-269	256	12	178	178	NUM
esutjss-269	256	13	suleiman	suleiman	NOUN
esutjss-269	256	14	,	,	PUNCT
esutjss-269	256	15	i.	i.	PROPN
esutjss-269	256	16	o.	o.	PROPN
esutjss-269	256	17	,	,	PUNCT
esutjss-269	256	18	&	&	CCONJ
esutjss-269	256	19	mustapha	mustapha	PROPN
esutjss-269	256	20	,	,	PUNCT
esutjss-269	256	21	o.	o.	PROPN
esutjss-269	256	22	s.	s.	PROPN
esutjss-269	256	23	(	(	PUNCT
esutjss-269	256	24	2023	2023	NUM
esutjss-269	256	25	)	)	PUNCT
esutjss-269	256	26	.	.	PUNCT
esutjss-269	257	1	external	external	ADJ
esutjss-269	257	2	debt	debt	NOUN
esutjss-269	257	3	and	and	CCONJ
esutjss-269	257	4	economic	economic	ADJ
esutjss-269	257	5	growth	growth	NOUN
esutjss-269	257	6	in	in	ADP
esutjss-269	257	7	nigeria	nigeria	PROPN
esutjss-269	257	8	:	:	PUNCT
esutjss-269	257	9	a	a	DET
esutjss-269	257	10	multivariate	multivariate	NOUN
esutjss-269	257	11	econometric	econometric	ADJ
esutjss-269	257	12	approach	approach	NOUN
esutjss-269	257	13	.	.	PUNCT
esutjss-269	258	1	african	african	ADJ
esutjss-269	258	2	journal	journal	PROPN
esutjss-269	258	3	of	of	ADP
esutjss-269	258	4	economic	economic	ADJ
esutjss-269	258	5	development	development	NOUN
esutjss-269	258	6	,	,	PUNCT
esutjss-269	258	7	9(1	9(1	NUM
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